News Archives for Latest - 2016-11-16

Life & Style

BMW expands ReachNow mobile services

LOS ANGELES: German automaker BMW announced Tuesday in Los Angeles that it is expanding its ReachNow program with new mobile tools and adding a city location: New York's trendy Brooklyn borough.

Updated 09 May, 2018 10:07pm

North America

No new US administration is completely prepared: Biden

WASHINGTON: No newly elected administration is totally ready to govern on the first day in office, US Vice President Joe Biden said on Wednesday after a lunch meeting with Vice President-elect Mike Pence.

Published 16 Nov, 2016 08:04pm

Commodities

CBOT wheat ends lower in rangebound trade, led by corn, soy

CHICAGO: Wheat futures on the Chicago Board of Trade fell Wednesday on spillover weakness from corn and soybeans and pressure from a resurgent US dollar, traders said.

Published 16 Nov, 2016 08:02pm

Financial

Yield curve flattens as US data shows slower inflation

NEW YORK: The US Treasury yield curve flattened on Wednesday with yields on shorter-dated maturities little changed while yields on longer-dated ones fell as US producer prices and industrial output data showed inflation could be growing more slowly than

Published 16 Nov, 2016 08:01pm

Cricket

West Indies bowlers shine in bonus point win

HARARE: Superb bowling allowed the West Indies to overcome the absence of several key players as they beat Sri Lanka by 62 runs in the second one-day international in Harare on Wednesday.

Published 16 Nov, 2016 07:55pm

Financial

US, European stocks tumble, dollar gains

LONDON: Europe's main stock markets extended their losses Wednesday after recent volatile swings and US stocks turned lower after a week-long post-election rally while the dollar surged.

Published 16 Nov, 2016 07:53pm

Football

Football: Knives out for Klinsmann after Costa Rica rout

LOS ANGELES: Calls for Jurgen Klinsmann to be sacked were mounting Wednesday as the worst defeat of his five-year reign left the United States facing an uphill battle to qualify for the World Cup.

Published 16 Nov, 2016 07:51pm

World Top News

Iceland probes 108 named in Panama Papers

REYKJAVIK: Icelandic authorities said on Wednesday that 108 taxpayers whose names were in the "Panama Papers" had been targeted by an investigation for tax evasion.

Published 16 Nov, 2016 07:50pm

Money & Banking

HSBC exits Lebanon with sale of unit

LONDON: HSBC bank on Wednesday said it had agreed to sell its business in Lebanon to Lebanese peer Blom for an undisclosed amount, ending a 70-year presence in the country.

Published 16 Nov, 2016 07:48pm

Money & Banking

Fed chair Yellen to face critics in Congress Thursday

WASHINGTON: For the first time since the election of Donald Trump, who has harshly criticized the Federal Reserve, Fed Chair Janet Yellen appears before Congress Thursday, when she may signal a December rate hike.

Published 16 Nov, 2016 07:48pm

Football

Football: Messi will never leave Barca

BARCELONA: Barcelona president Josep Maria Bartomeu predicted Wednesday that Lionel Messi would not only extend his contract with the Catalan club but also end his playing days there too.

Published 16 Nov, 2016 07:46pm

Sports

RugbyU: Wales's Charteris wary of rising Japan

LONDON: Luke Charteris believes Wales will face a much-improved Japan side when they take on the Cherry Blossoms at the Principality Stadium on Saturday.

Published 16 Nov, 2016 07:44pm

World Top News

Obama arrives in Berlin on final leg of European farewell tour

BERLIN: US President Barack Obama arrived in Berlin Wednesday for talks with German Chancellor Angela Merkel on a European tour aimed at reassuring key allies about transatlantic ties under his successor Donald Trump.

Published 16 Nov, 2016 07:44pm

North America

Senate Democratic leader Schumer ready to battle Trump

WASHINGTON: US Senate Democrats on Wednesday elected Chuck Schumer as their leader, a position from which he will head opposition to Republican President-elect Donald Trump beginning in January.

Published 16 Nov, 2016 07:43pm

Europe

Obama, Merkel see 'no return' to pre-globalised world

BERLIN: US President Barack Obama and German Chancellor Angela Merkel argued Wednesday for a transatlantic trade deal and stressed that there will be "no return to a world before globalisation".

Published 16 Nov, 2016 07:41pm

Europe

EU lawmakers cancel Turkey trip over coup criticism: source

BRUSSELS: Top EU lawmakers on Wednesday cancelled a visit to Turkey after Ankara refused to see one of the MEPs because of her criticism of Ankara's massive crackdown following July's failed coup, a parliament source said.

Published 16 Nov, 2016 07:40pm

Football

Football: Newcastle's Shelvey contests FA charge

LONDON: Newcastle United and England midfielder Jonjo Shelvey pleaded not guilty to a Football Association (FA) misconduct charge on Wednesday.

Published 16 Nov, 2016 07:38pm

North America

UN warns of mass atrocities in South Sudan

UNITED NATIONS: UN Secretary-General Ban Ki-moon is warning of a "very real risk of mass atrocities" in South Sudan and that peacekeepers deployed in the war-torn country will not be able to stop such a bloodbath.

Published 16 Nov, 2016 07:37pm

Financial

European, US stocks tumble, dollar gains

LONDON: Europe's main stock markets fell Wednesday after recent volatile swings and US stocks turned lower after a week-long post-election rally, while the dollar surged.

Published 16 Nov, 2016 07:36pm

World Top News

Trump agrees to meet with UN chief

UNITED NATIONS: US President-elect Donald Trump has agreed to hold a first face-to-face meeting with UN Secretary-General Ban Ki-moon, the UN spokesman said Wednesday.

Published 16 Nov, 2016 07:34pm

Europe

Economy minister's arrest shocks Russian government liberal wing

MOSCOW: The surprise arrest of Russia's economy minister over a two-million-dollar bribe on Wednesday sparked shock and bewilderment in the liberal wing of the Russian government, increasingly worried about political survival.

Published 16 Nov, 2016 07:33pm

Africa

12 Haftar soldiers killed in Libya's Benghazi

BENGHAZI: Twelve soldiers of armed forces led by Marshal Khalifa Haftar have been killed in two days of fighting with militants in Libya's second city of Benghazi, military sources said Wednesday.

Published 16 Nov, 2016 07:31pm

World

Spain ups growth forecast for 2016, 2017

MADRID: Spain's economy minister on Wednesday upped growth forecasts for this year and the next, in a sign that a 10-month political impasse had limited effect on the economy.

Published 16 Nov, 2016 07:30pm

Europe

Prague backs Czech-born Ivana Trump for US ambassador

PRAGUE: Czech President Milos Zeman on Wednesday backed Ivana Trump to become the US ambassador to Prague, after US president-elect Donald Trump's Czech-born ex-wife floated the idea last week.

Published 16 Nov, 2016 07:27pm

North America

Trump denies transition in disarray

NEW YORK: Donald Trump denied charges Wednesday that his White House transition was in disarray amid reports of a backstabbing purge of mainstream Republican aspirants, as his team said new administration appointments were expected soon.

Published 16 Nov, 2016 07:25pm

Football

Football: Rooney apologises for hotel conduct

LONDON: England captain Wayne Rooney "unreservedly" apologised Wednesday to interim manager Gareth Southgate and Football Association technical director Dan Ashworth after the publication of embarrassing photographs at the squad's hotel.

Published 16 Nov, 2016 07:24pm

Industry

Twitter suspends white supremacist accounts

SAN FRANCISCO: Twitter accounts of white supremacy advocates who helped Donald Trump win the US presidency were mute on Wednesday, suspended as the social network battles hateful vitriol spewed by "trolls.

Published 16 Nov, 2016 07:23pm

Sports

Tennis: Murray fights back to subdue Nishikori in Tour Finals epic

LONDON: Andy Murray moved a step closer to the semi-finals of the ATP Tour Finals as the world number one wore down Kei Nishikori in a gruelling 6-7 (9/11), 6-4, 6-4 victory that took over three hours on Wednesday.

Published 16 Nov, 2016 07:21pm

Pakistan Top News

COAS, Turkish CGS discuss regional security, ways to enhance mutual cooperation

RAWALPINDI: Turkish Chief of General Staff (CGS), General Hulusi Akar, who is accompanying Turkish President during his visit to Pakistan, on Wednesday called on Chief of Army Staff General Raheel Sharif.

Published 16 Nov, 2016 07:17pm

North America

Trump denies any disarray in transition to White House after sackings

NEW YORK: US President-elect Donald Trump has defended his handling of the transition to the presidency, amid reports of disarray in his team.

Published 16 Nov, 2016 07:16pm

Business & Economy

Chamber to chamber relations to be promoted; FCCI president

FAISALABAD: Engineer Muhammad Saeed Sheikh President Faisalabad Chamber of Commerce and Industry (FCCI) here Wednesday said that chamber to chamber relations would be promoted in order to fully exploit the available economic potential of Pakistan and Nepa

Published 16 Nov, 2016 07:15pm

General News

Cotton pods must be spread in sunlight

LAHORE: Cotton growers must spread the cotton pod in sunlight after completion of the last cotton picking so that more cotton can be acheived.

Published 16 Nov, 2016 07:14pm

Front Top News

CPEC to create many new opportunities for business and investment: France

ISLAMABAD: Jean Marc FENET, Head of the Regional Economic Department for India and South Asia of France said on Wednesday that due to China Pakistan Economic Corridor (CPEC), that his country was taking more interest in Pakistan as this project was poised

Published 16 Nov, 2016 07:13pm

Business & Economy

No further extension in filing of Income Tax returns beyond November 30

ISLAMABAD: Federal Board of Revenue (FBR)here on Wednesday categorically stated that there would be no further extension in filing of Income Tax returns beyond due date of November 30,2016.

Published 16 Nov, 2016 07:12pm

Business & Economy

LCCI demands withdrawal of hike in valuation of decoration lights

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) Wednesday urged Directorate General of Valuation to withdraw increase in valuation of decoration lights (rice lights).

Published 16 Nov, 2016 07:11pm

General News

MNA Bokhari calls on Governor

PESHAWAR: Member National Assembly, Tahira Bokhari called on the Governor Khyber Pakhtunkhwa Engr.

Published 16 Nov, 2016 07:09pm

General News

Senate body discusses bill about women quota in Islamabad courts

ISLAMABAD: Senate Standing Committee on Law, Justice and Human rights on Wednesday deferred two bills including the quota for women judges in lower courts of Islamabad and also discussed the measures and mechanism to avoid violation of building code.

Published 16 Nov, 2016 07:07pm

Pakistan Top News

Business community welcomes Turkish President's visit

ISLAMABAD: Business community here on Wednesday welcomed state visit of the Turkish President Recep Tayyip Erdogan to Pakistan and said it would open new vistas for trade and investment.

Published 16 Nov, 2016 07:07pm

Front Top News

PTI doing politics on Panama Papers with no evidence: Marriyum

ISLAMABAD: Minister of State for Information and Broadcasting Marriyum Aurangzeb Wednesday said Pakistan Tehreek-i-Insaf (PTI) was doing politics on Panama Papers without any evidence and there was no contradiction in the statements of Sharif family in th

Published 16 Nov, 2016 07:05pm

Pakistan Top News

Shehbaz Sharif warmly welcomes Tayyip Erdogan in Pakistan

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif has warmly welcomed Turk President Recep Tayyip Erdogan on his arrival in Pakistan and said that he was deeply pleased at the visit of his dear brother Recep Tayyip Erdogan to Pakistan.

Published 16 Nov, 2016 07:04pm

General News

Students determine future of nation: CM

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif, in his message on International Students Day, has said that the purpose of celebrating the day is to highlight the importance of students and education in the society.

Published 16 Nov, 2016 06:33pm

General News

Terror bid foiled in Mekran

QUETTA: Frontier Corps Balochistan has foiled a terror bid by defusing improvised explosive device in Mand area of Mekran division on Wednesday.

Published 16 Nov, 2016 06:32pm

World

US producer prices unchanged in October on weak services

WASHINGTON: US producer prices were unexpectedly flat in October as a rise in the cost of goods was offset by declining services costs.

Published 16 Nov, 2016 06:28pm

Commodities

Late-October sugar output in Brazil meets expectations

SAO PAULO: Brazilian mills in the main center-south region produced 2.

Published 16 Nov, 2016 06:27pm

Europe

Polish parliament approves lowering retirement age

WARSAW: Poland's lower house of parliament approved a cut in the retirement age to 65 for men and 60 for women on Wednesday, voting records showed.

Published 16 Nov, 2016 06:26pm

North America

Obama says confident US will continue commitment to NATO

ATHENS: President Barack Obama said on Wednesday he was confident the commitment of the United States to NATO would continue, seeking to reassure allies Republican President-elect Donald Trump would maintain core US strategic interests around the world.

Published 16 Nov, 2016 06:23pm

Money & Banking

Brazil central bank to stick with gradual rate cut plan

BRASILIA: Brazilian central bank chief Ilan Goldfajn said on Wednesday policymakers will stick to their plan of gradually reducing interest rates despite the market selloff triggered by the election of Donald Trump to the White House.

Published 16 Nov, 2016 06:22pm

Energy

Oil falls on higher US crude inventories, strong dollar

LONDON: Oil prices fell on Wednesday, returning some of the gains made in one of the year's biggest rallies a day earlier, after weekly US crude stocks rose beyond expectations and a strong dollar weighed on commodities.

Published 16 Nov, 2016 06:20pm

Commodities

CBOT Trends-Wheat steady-up 1 cent, corn up 1-2, soybeans up 4-5

CHICAGO: Following are US trade expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.

Published 16 Nov, 2016 06:18pm

Industry

GM's Opel CEO says difficult to reach break-even in 2016

BERLIN: General Motors' European division Opel is struggling to reach profitability this year because of the effects of Britain's decision to leave the European Union, Chief Executive Karl-Thomas Neumann said.

Published 16 Nov, 2016 06:17pm

Pakistan Top News

In valedictory speech, Obama takes note of values he sought in office

ATHENS: President Barack Obama extolled the strengths of democracy from its Greek birthplace on Wednesday in a valedictory speech aimed at highlighting the values he sought to respect in office and prodding his Republican successor, Donald Trump, to follo

Published 16 Nov, 2016 06:15pm

Commodities

Algeria wheat purchase pegged higher at 580,000 tonnes

PARIS: Algeria's state grains agency OAIC bought 580,000 tonnes of optional-origin milling wheat for January shipment in a tender that closed on Tuesday, more than the volume previously reported, traders said on Wednesday.

Published 16 Nov, 2016 06:14pm

Football

Soccer-English football shake-up plans abandoned

LONDON: Plans for the biggest shake-up in English football since the introduction of the Premier League have been abandoned after talks between the main participants broke down.

Published 16 Nov, 2016 06:13pm

World

US industrial output unchanged, utilities weigh

WASHINGTON: US industrial production was unchanged in October, weighed down by a decline in utilities output, data from the Federal Reserve showed on Wednesday.

Published 16 Nov, 2016 06:12pm

Financial

Abu Dhabi rallies on bank merger speculation; Saudi, Egypt rebound

DUBAI: Abu Dhabi bank shares surged on Wednesday because of renewed speculation that the government might merge more banks as part of an efficiency drive, while other regional markets rebounded, encouraged by strong global bourses and oil prices.

Published 16 Nov, 2016 06:11pm

Financial

C$ dips as oil pullback offsets manufacturing gain

TORONTO: The Canadian dollar edged lower against its US counterpart on Wednesday as oil returned some of the advances made in one of the year's biggest rallies a day earlier, offsetting stronger-than-expected gains in domestic manufacturing sales.

Published 16 Nov, 2016 06:10pm

Business & Economy

Bullion Prices on Wednesday

KARACHI: Following were the Bullion Prices in Karachi, Hyderabad and Multan on Wednesday.

Published 16 Nov, 2016 05:02pm

Pakistan Top News

Enemy's attempts against Pakistan's security, territorial integrity to meet befitting response: PM

KHAIRPUR TAMEWALI: Prime Minister Muhammad Nawaz Sharif, Wednesday categorically said any attempt to harm Pakistan's security and territorial integrity would be met with a "befitting response".

Published 16 Nov, 2016 04:27pm

Industries & Sectors

Khaqan assures smooth gas supply to industries, domestic consumers in winter

LAHORE: Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Wednesday vowed to ensure uninterrupted gas supply to industries during winter season so that they could produce maximum as per their capacity.

Published 16 Nov, 2016 04:20pm

Pakistan Top News

Chinese Navy Flotilla arrives to participate in bilateral exercise

KARACHI: Chinese Navy Flotilla including Ocean Salvage and Rescue Ship CHANGXINGDAO and PLA(N) Ship HANDAN arrived here on a goodwill visit to Pakistan.

Published 16 Nov, 2016 04:13pm

General News

NAB-KP hands over Rs182.607mn misappropriated funds

PESHAWAR: The National Accountability Bureau-Khyber Pakhtunkhwa (NAB-KP) Director General Shahzad Salim on Wednesday handed over Rs182.

Published 16 Nov, 2016 04:08pm

General News

Governor discusses educational cooperation with Chinese authorities

ISLAMABAD: Governor Balochistan, Muhammad Khan Achakzai on Wednesday met with Deputy Chief Executive of Confucius Institute Headquarters of China and discussed matters of educational cooperation.

Published 16 Nov, 2016 04:05pm

Industries & Sectors

MEPL seeks generation license for 50MW solar power plant

ISLAMABAD: Meridian Energy Private Limited (MEPL) has submitted an application to National Electric Power Regulator Authority (NEPRA) for power generation license for its 50 MW solar power plant.

Published 16 Nov, 2016 04:02pm

General News

Railways bears Rs152mn burden owing to concession fare

ISLAMABAD: Pakistan Railways had to bear Rs 152.

Published 16 Nov, 2016 04:01pm

General News

Dar reviews renovation work of Senate Secretariat

ISLAMABAD: Federal Minister for Finance Senator Mohammad Ishaq Dar here on Wednesday chaired a meeting which reviewed the status of renovation work being done here at the Senate Secretariat.

Published 16 Nov, 2016 03:59pm

Pakistan

Non-bailable punishment recommended for Moon sighting by non-govt committees

ISLAMABAD: Senate Standing Committee on Religious Affairs Wednesday recommended non-bailable punishment for non-government committees as Moon sighting was only mandate of official Ruet-e-Hilal Committee.

Published 16 Nov, 2016 03:58pm

General News

Baligh invites Chinese universities to open campuses in Pakistan

ISLAMABAD: Minister of State for Federal Education and Professional Training Engr Muhammad Baligh Ur Rehman Wednesday invited Chinese universities to open up their campuses in Pakistan.

Published 16 Nov, 2016 03:56pm

General News

Richard Olson makes farewell telephonic call to Finance Minister

ISLAMABAD: Richard Olson, US Special Representative for Afghanistan and Pakistan, made a farewell telephonic call to the Finance Minister, Senator Mohammad Ishaq Dar on Wednesday.

Published 16 Nov, 2016 03:56pm

Financial

TSX falls as energy and financials retreat

TORONTO: Canada's main stock index fell on Wednesday, including losses for energy shares as oil returned some of the sharp gains made a day earlier, while financials retreated for a second straight day.

Published 16 Nov, 2016 03:49pm

Industries & Sectors

Ministry of IT to provide broadband facility in un-served areas

ISLAMABAD: Ministry of Information Technology and Telecom on Wednesday decided to benefit the population of about 169, 177 with modern broadband facilities in un-served areas.

Published 16 Nov, 2016 03:49pm

Money & Banking

Sberbank appoints physical metals trading head

LONDON: Sergey Nenashev has been made head of physical metals trading at Sberbank's corporate and investment bank.

Published 16 Nov, 2016 03:48pm

General News

Marriyum for utilisation of ISA as premier communication, training institute

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb on Wednesday said Information Service Academy (ISA) needs to act pro-actively and structured as premier communication and media training institute.

Published 16 Nov, 2016 03:47pm

Money & Banking

Sberbank appoints physical metals trading head

LONDON: Sergey Nenashev has been made head of physical metals trading at Sberbank's corporate and investment bank.

Published 16 Nov, 2016 03:47pm

General News

WFP welcomes $4.5mn Australian support programme for FATA

ISLAMABAD: The United Nations World Food Programme (WFP) has welcomed a three-year contribution of $4.

Published 16 Nov, 2016 03:47pm

Commodities

Algeria buys 580,000 T wheat in tender-traders

PARIS: Algeria's state grains agency OAIC bought 580,000 tonnes of optional-origin milling wheat in a tender that closed on Tuesday, European traders said on Wednesday.

Published 16 Nov, 2016 03:46pm

North America

Kerry 'confident' US climate trend commitments cannot 'be reversed'

MARRAKECH: US Secretary of State John Kerry said Wednesday he was "confident" Washington's climate commitments cannot be reversed "regardless of what policy may be chosen" by Barack Obama's successor in the White House.

Published 16 Nov, 2016 03:46pm

General News

Pakistan giving befitting reply to Indian aggression: Barjees

ISLAMABAD: Minister for Kashmir Affairs and Gilgit Baltistan Barjees Tahir Wednesday said Pakistan was responding to Indian aggression in befitting manner at Line of Control (LoC).

Published 16 Nov, 2016 03:45pm

Europe

Germany rejects debt relief for Greece after Obama offers support

BERLIN: Germany on Wednesday opposed calls for debt relief for Greece after US President Barack Obama offered support for such a mechanism for the recession-hit euro zone state during a trip to Athens.

Published 16 Nov, 2016 03:45pm

Pakistan Top News

President Erdogan to address Joint session of Parliament on Thursday

ISLAMABAD: Turkish President Recep Tayyip Erdogan will address a Joint Session of Parliament on Thursday.

Published 16 Nov, 2016 03:44pm

Front Top News

Euro crisis over? 2017 politics could be markets' biggest test yet

LONDON: The euro zone has withstood several crises since 2008 that have thrown the 19-nation bloc's very existence into doubt, centered on its fractured economy, bond market, banking system and, of course, Greece.

Published 16 Nov, 2016 03:44pm

Managed Funds

Mauritius 10-year Treasury bond yield falls to 5.04pc

NAIROBI: The weighted average yield on Mauritius' 10-year Treasury bonds fell to 5.

Published 16 Nov, 2016 03:42pm

Commodities

Sugar slides as funds sell, market digests large delivery

LONDON: Raw sugar futures fell sharply on Wednesday with funds scaling back long positions as the market digested a large delivery against the whites contract and production data from Centre-South Brazil which was higher than many had expected.

Published 16 Nov, 2016 03:41pm

World

South Korea reaches free trade deal with Central America

SEOUL: South Korea and six Central American countries have reached a free trade deal that will eliminate tariffs for more than 95 percent of export items from Asia's fourth-largest economy including autos, steel and textiles, the Korean trade ministry

Published 16 Nov, 2016 03:40pm

Commodities

Gold slips as dollar climbs to 14-year high

LONDON: Gold eased on Wednesday as the dollar climbed to a 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump's election to the US presidency.

Published 16 Nov, 2016 03:38pm

Europe

EU regulator warns Monte dei Paschi investors of losses

FRANKFURT/BRUSSELS: Investors in Italy's Monte dei Paschi di Siena risk compulsory 'bail-in' losses, one of Europe's top regulators told Reuters, warning this could be the only choice if the bank's plans to raise fresh capital fall sho

Published 16 Nov, 2016 03:37pm

Industry

Google, Facebook to act against fake news website: Report

WASHINGTON: Google and Facebook, two of the world's biggest internet companies, will closely look at the fake news sites' revenue sources after criticism such websites may have impacted the recent presidential polls that ended with a shock victory

Published 16 Nov, 2016 03:37pm

World Top News

Kerry warns of climate threat at talks overshadowed by Trump

MARRAKESH: US Secretary of State John Kerry had hoped his presence at a Marrakesh conference to decide on the finer points of a historic agreement to stave off climate change would be a victory lap.

Published 16 Nov, 2016 03:35pm

Money & Banking

Bundesbank opposes delaying deal on bank rules after Trump win

FRANKFURT: Germany's central bank still aims for a deal on new global banking rules this month, a top official said on Wednesday, even though Donald Trump's US presidential victory has cast doubts over Washington's position.

Published 16 Nov, 2016 03:33pm

Energy

Oil edges lower on higher US crude inventories, strong dollar

NEW YORK: Oil prices edged lower on Wednesday before the US releases its weekly petroleum inventory report after an industry group said weekly US crude stockpiles rose beyond expectations and a strong dollar weighed on commodities.

Published 16 Nov, 2016 03:31pm

Pakistan

Senate committee defers approval of Benami Transaction (prohibition) Bill

ISLAMABAD: Senate Standing Committee on Finance deferred the approval of Benami Transaction (prohibition) Bill, 2016 to its next meeting.

Published 16 Nov, 2016 03:31pm

Financial

Strong crown leads Iceland's central bank to lower inflation forecast

COPENHAGEN: Iceland's central bank on Wednesday cut its inflation forecast until the middle of next year, following a sharp appreciation of the country's currency.

Published 16 Nov, 2016 03:29pm

World

Burundi inflation eases to 6.0pc in October

NAIROBI: Burundi's inflation eased to 6.

Published 16 Nov, 2016 03:29pm

World

Brazil police arrest Rio state ex-governor in voter fraud probe RIO

RIO DE JANEIRO: Police on Wednesday arrested a controversial former governor in Rio de Janeiro as part of an ongoing investigation into voter fraud during recent municipal elections.

Published 16 Nov, 2016 03:28pm

Commodities

Ivory Coast allows cocoa exporters to roll over 2015/16 contracts

ABIDJAN: Ivory Coast will allow cocoa exporters to roll over last season's unexecuted export contracts into the current 2016/17 season, according to a document from the marketing board, the Coffee and Cocoa Council (CCC), seen by Reuters.

Published 16 Nov, 2016 03:26pm

General News

Speakers for taking up Junagadh case at international fora

ISLAMABAD: Speakers here at the seminar Wednesday underlined the need for taking up the Junagadh case at international forums.

Published 16 Nov, 2016 03:11pm

Industries & Sectors

Proposed LPG regulation policy to end `mafia' monopoly

ISLAMABAD: The proposed Liquefied Petroleum Gas (LPG) regulation policy would help end monopoly of `mafia' and ensure smooth supply of the commodity throughout the year at prescribed rates, a senior official of the Ministry of Petroleum and Natural Re

Published 16 Nov, 2016 03:01pm

General News

CPEC to open new era of development in Balochistan: Nasar

ISLAMABAD: Advisor to Chief Minister Balochistan for Industries, Dur Muhammad Nasar has said Pak-China Economic Corridor(CPEC) will open new era of development and prosperity in Balochistan.

Published 16 Nov, 2016 02:54pm

General News

Pak-Turkey joint cooperation to be increased further: Zahid Hamid

ISLAMABAD: Federal Minister for Climate Change Zahid Hamid Wednesday held a bilateral meeting with Turkish Minister for Environment and Urbanization on sideline conference "COP-22" in Morocco.

Published 16 Nov, 2016 02:53pm

Pakistan Top News

David Cameron's support for Pakistan always be remembered: Nisar

ISLAMABAD: Minister for Interior, Chaudhry Nisar Ali Khan and former Prime Minister of United Kingdom, David Cameron held a meeting in London and discussed bilateral relations and progress achieved so far in various agreed areas.

Published 16 Nov, 2016 02:49pm

Business & Economy

Pakistani exporters to participate in FoodEx Saudi exhibition

ISLAMABAD: Pakistani exporters will be participating in FoodEx Saudi 2016 exhibition, being held from November 21 to 24 in Jeddah.

Published 16 Nov, 2016 02:47pm

General News

Things start improving after effective implementation of Zarb-e-Azb, NAP

ISLAMABAD: Minister of State for Education and Professional Training, Engr.

Published 16 Nov, 2016 02:45pm

Industries & Sectors

Pakistan's tourism industry gradually recovering

ISLAMABAD: With 2016 already a record year for the tourism sector in Pakistan at the local level, tourism was gradually recovering from the dark era of post September 11, 2001.

Published 16 Nov, 2016 02:43pm

Energy

Angola to export 1.61mn bpd of oil in January

LONDON: Angola plans to export at least 1.

Published 16 Nov, 2016 02:40pm

Industry

Indian IT sector lobby group cuts growth forecast for FY17

MUMBAI: India's IT services sector will likely grow slower than expected this financial year as local and global factors weigh on the outsourcing industry, a leading local industry lobby group said on Wednesday.

Published 16 Nov, 2016 02:40pm

Commodities

Gold slides as dollar index hits 14-year high

LONDON: Gold fell on Wednesday as the dollar climbed to a fresh 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump's election to the US presidency.

Published 16 Nov, 2016 02:25pm

Industry

Koch Industries' investment arm buys more than $2bn stake in Infor

SAN FRANCISCO: The investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is spending more than $2 billion to take a significant stake in enterprise software provider Infor, the companies said on Wednesday.

Published 16 Nov, 2016 02:25pm

Commodities

Algeria buys at least 400,000 tonnes wheat in tender

PARIS: Algeria's state grains agency OAIC bought at least 400,000 tonnes of optional-origin wheat in a tender that closed on Tuesday, European traders said on Wednesday.

Published 16 Nov, 2016 02:22pm

Commodities

Copper, zinc pushed lower by strong dollar, China worries

LONDON: Copper, zinc and other base metals headed lower on Wednesday, pressured by a strong dollar, losses in steel-related products and the unwinding by speculators of very long positions after a blistering rally last week.

Published 16 Nov, 2016 02:12pm

Financial

South European bonds sell off as ECB rises up the agenda

LONDON: Low-rated debt from southern Europe led a renewed sell-off among euro zone government bonds on Wednesday, on expectations of higher inflation and what that could mean for the future of European Central Bank policy.

Published 16 Nov, 2016 02:09pm

World

US producer prices unchanged in October on weak services

WASHINGTON: US producer prices were unexpectedly flat in October as a rise in the cost of goods was offset by declining services costs.

Published 16 Nov, 2016 02:07pm

World

Canada manufacturing sales up more than expected in Sept

OTTAWA: Canadian manufacturing sales rose more than expected in September, though that was driven largely by gains in the transportation equipment sector and an increase in overall prices, data from Statistics Canada showed on Wednesday.

Published 16 Nov, 2016 02:06pm

Financial

Dollar index briefly slips into negative territory

NEW YORK: The dollar briefly weakened on Wednesday against a basket of currencies, retreating from a 14-year peak, after the release of a government report that showed US producer prices rose less than forecast in October.

Published 16 Nov, 2016 02:04pm

World

UK jobless rate dips to 4.8pc

LONDON: Britain's jobless rate dipped to 4.

Published 16 Nov, 2016 02:02pm

Arts

Study for free from Oxford University

The University of Oxford is regarded as one of the most prestigious institution of higher learning in the world; it is constantly ranked as the top university and is a dream come true for any student who gets enrolled in it.

Published 16 Nov, 2016 02:01pm

Asia

Trump win makes 'no difference' to Iran: Khamenei

TEHRAN: Iran's supreme leader Ali Khamenei said Wednesday that the result of the US election made "no difference" to the Islamic republic despite president-elect Donald Trump's aggressive stance.

Published 16 Nov, 2016 01:58pm

Money & Banking

Sweden's central bank mulls digital currency

STOCKHOLM: Sweden's central bank is considering issuing a digital currency called "e-krona" within two years in the Nordic nation where cash transactions are declining, officials said Wednesday.

Published 16 Nov, 2016 01:49pm

North America

Big companies tell Trump: 'Don't quit climate pact'

MARRAKESH: More than 360 mostly American companies and investors, including a dozen Fortune 500 firms, called Wednesday on Donald Trump to uphold the 196-nation Paris climate pact.

Published 16 Nov, 2016 01:48pm

Europe

EU plans five-euro security check for visitors

BRUSSELS: The EU unveiled plans Wednesday to charge travellers five euros ($5.

Published 16 Nov, 2016 01:47pm

Middle East

Saudi seeking reciprocity on visa fees

RIYADH: Saudi Arabia's commerce minister said Wednesday that the kingdom is seeking reciprocal treatment on visas, after critics said the introduction of higher fees risked deterring investment.

Published 16 Nov, 2016 01:44pm

Europe

Path of globalisation 'demands a course correction': Obama

ATHENS: Globalisation has brought many economic benefits to the world but needs a "course correction" to address growing inequality, US President Barack Obama said Wednesday on his European farewell tour.

Published 16 Nov, 2016 01:41pm

Cricket

New Zealand lacks confidence, says Misbah

Riding high after the success against West Indies in UAE, Misbah and his men now eye the shaky Kiwis who return home after being manhandled by India last month.

Published 16 Nov, 2016 01:04pm

General News

CPEC to be a milestone for Pakistan's economy

ISLAMABAD: Renowned Economist Dr.

Published 16 Nov, 2016 12:57pm

Pakistan Top News

Erdogan arrives in Pakistan

KARACHI: Turkish President Recep Tayyip Erdogan arrived in Islamabad today on a two-day visit to Pakistan on invitation of President Mamnoon Hussain.

Published 16 Nov, 2016 12:48pm

Football

Messi magic as Argentina down Colombia

SAN JUAN: Lionel Messi scored a majestic free-kick and set up two more goals as Argentina got their faltering 2018 World Cup qualification campaign back on track with a 3-0 win over Colombia here Tuesday.

Published 16 Nov, 2016 12:39pm

Cricket

Pakistan look to close gap with India in Test Rankings

ISLAMABAD: Pakistan will be looking to win the Test series against New Zealand beginning Thursday at the Hagley Oval in a bid to close the gap with number-one ranked India, which is on 115 points.

Published 16 Nov, 2016 12:33pm

General News

Govt releases Rs156.522bn under PSDP 2016-17

ISLAMABAD: The government has released Rs 156.

Published 16 Nov, 2016 12:17pm

Pakistan Top News

Karachi Mayor Waseem Akhtar free to run the city

KARACHI: Karachi Mayor Waseem Akhtar has been released on Wednesday after an anti-terrorism court (ATC) granted him bail in the last of the 39 cases against him.

Published 16 Nov, 2016 12:09pm

Cricket

Team Pakistan all set to take on Black Caps in Christchurch

Despite being shaken up by a devastating earthquake, Pakistan are all set to take on New Zealand in its first Test match of the two-game series in Christchurch from Thursday.

Published 16 Nov, 2016 11:38am

Front Top News

Pakistan’s territorial integrity will be safeguarded: PM Nawaz

KHAIRPUR TAMEWALI: Prime Minister Nawaz Sharif on Wednesday categorically said any attempt to harm Pakistan’s security and territorial integrity would be met with a “befitting response”.

Published 16 Nov, 2016 11:34am

Commodities

Soybeans up for 2nd day on big exports, large US crush

HAMBURG/SINGAPORE: Chicago soybeans rose for a second session on Wednesday, underpinned by strong export demand and data showing US oilseed processors in October recorded their third-largest crush in history.

Published 16 Nov, 2016 11:30am

Arts

Punjabi among 11 new languages in BBC World Service's biggest boost since 1940s

LONDON: The BBC said on Wednesday that its World Service will begin broadcasting in 11 additional languages in a drive to reach millions more people, including in places like North Korea where impartial news is hard to get.

Published 16 Nov, 2016 11:30am

Commodities

Palm tracks rival oils to post first gains in three sessions

KUALA LUMPUR: Malaysian palm oil futures rose for the first time in three sessions on Wednesday after tracking rival oils as they climbed on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.

Published 16 Nov, 2016 11:29am

Commodities

Gold dips as dollar ticks up, but finds support at $1,225/oz

LONDON: Gold eased on Wednesday in line with a firmer dollar, but found support around $1,225 an ounce as a sharp rally in cyclical assets like stocks and copper following Donald Trump's election to the US presidency ran out of steam.

Published 16 Nov, 2016 11:09am

Pakistan Top News

RECORDER REPORT: PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Wednesday having 42404.

Published 16 Nov, 2016 11:05am

Financial

Indian shares close little changed; worries about banknotes remain

MUMBAI: Indian shares ended little changed on Wednesday, erasing early gains on concerns of slow economic growth in the near term and as worries lingered about the government's move to withdraw higher-denomination banknotes.

Published 16 Nov, 2016 11:04am

World

UK jobless rate falls to 11 year-low, benefit claims rise

LONDON: Britain's unemployment rate fell in the first three months after the Brexit vote to its lowest level in 11 years but there were some signs that a slowdown in the labour market could be coming.

Published 16 Nov, 2016 10:36am

Energy

Oil declines after OPEC-inspired rally as US inventories rise

LONDON: Oil prices fell on Wednesday, returning some of the gains made in one of the year's biggest rallies a day earlier, after industry data showed US crude stocks rose beyond expectations last week to add to an oversupplied market.

Published 16 Nov, 2016 10:35am

Financial

Trump-fuelled risk rally shifts to Japanese bonds, euro

LONDON: Investors resumed the post-U.

Published 16 Nov, 2016 10:34am

Financial

Britain's FTSE retreats, Rolls-Royce and Barratt weigh

LONDON: Britain's top share index edged lower on Wednesday after gaining in the previous two sessions, with companies such as jet engine maker Rolls-Royce and the country's biggest housebuilder Barratt slipping after their updates.

Published 16 Nov, 2016 10:32am

Financial

Brexit-hit sterling gets no boost from UK jobs data

LONDON: Sterling traded flat against the dollar on Wednesday, barely reacting to data showing Britain's jobless rate had fallen to the lowest level in 11 years, with investors focusing instead on the risks surrounding Brexit.

Published 16 Nov, 2016 10:30am

Front Top News

Pakistan to deport teachers linked to Turkish coup suspect

ISLAMABAD: Pakistan has ordered the deportation of 130 teachers affiliated with the alleged mastermind of an attempted coup in Turkey, officials said Wednesday, as Turkish President Recep Tayyip Erdogan was to arrive for a visit.

Published 16 Nov, 2016 10:28am

Cricket

Confident Cook ready for India spin Test

VISAKHAPATNAM: England skipper Alastair Cook said Wednesday his spinners were running high on confidence and could turn the tables on top-tanked India if a turning track was offered in the second Test in Visakhapatnam.

Published 16 Nov, 2016 10:24am

Life & Style

Ranbir Kapoor, Ranveer Singh make fun of Katrina Kaif

Bollywood heartthrob Ranbir Kapoor and Ranveer Singh will appear together in an upcoming episode of popular celebrity chat Koffee with Karan.

Published 16 Nov, 2016 10:15am

Front Top News

ECP seeks response from Imran, Tareen, Safdar in disqualification case

ISLAMABAD: The Election Commission of Pakistan (ECP) on Wednesday heard the disqualification case relating to references against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, Secretary General Jahangir Tareen and PM’s son-in-law Captain (retd) Safda

Published 16 Nov, 2016 09:55am

Front Top News

Qatari letter in SC 'unravels' mystery of Park Lane deal

KHUDAYAR MOHLA %D%A%D%AISLAMABAD: Producing a letter from Hamad bin Jassim bin Jaber Al Thani of Qatar’s former prime minister and foreign minister before the Supreme Court in the Panama Leaks case on Wednesday, the counsel for Prime Minister Nawaz Sharif

Published 16 Nov, 2016 09:42am

Front Top News

PM, COAS witness Army, PAF joint exercises Raad-ul-Barq

RAWALPINDI: Prime Minister Nawaz Sharif and Chief of Army Staff (COAS) General Raheel Sharif are witnessing military exercises Raad-ul-Barq at Khairpur Tamewali near Bahwalpur on Wednesday.

Published 16 Nov, 2016 09:23am

Life & Style

Dwayne Johnson is now ‘World Sexiest Man Alive’

Dwayne ‘The Rock’ Johnson has been voted by People’s Magazine as the sexiest man alive in their poll feature for this year.

Published 16 Nov, 2016 09:20am

Financial

Tokyo stocks close at new 9-month high on weak yen

TOKYO: Tokyo stocks closed at a fresh nine-month high on Wednesday with exporters gaining on a weaker yen as energy stocks followed oil prices upward.

Published 16 Nov, 2016 09:19am

Front Top News

Sartaj Aziz says will visit India

ISLAMABAD: Pakistan's top foreign affairs official has said he plans to visit India next month for a regional conference, the first high-profile visit since tensions spiralled between the arch-rivals after a deadly attack on an Indian army base.

Published 16 Nov, 2016 09:18am

Cricket

Pakistan a tough opponent to beat anywhere: Williamson

The much awaited Pakistan tour against New Zealand will begin on Thursday, as the two teams collide in the First Test match at the earthquake hit Christchurch.

Published 16 Nov, 2016 09:15am

Financial

Hong Kong stocks end lower after late sell-off

HONG KONG: Shares in Hong Kong ended lower Wednesday as late profit-taking wiped out gains built up through the day, although energy firms saw a healthy rally on a pick-up in oil prices.

Published 16 Nov, 2016 09:14am

World

IMF urges further Kuwait subsidy reforms

KUWAIT CITY: Kuwait must enact further subsidy reforms to trim its budget deficit resulting from low oil prices despite political sensitivity, the International Monetary Fund has said.

Published 16 Nov, 2016 09:13am

Commodities

Soybeans up for 2nd day on strong demand, US crush data

SINGAPORE: Chicago soybeans climbed for a second session on Wednesday, with prices underpinned by strong export demand and US data showing oilseed processors in October recorded their third-heaviest crush in history.

Published 16 Nov, 2016 09:05am

Financial

Dollar slips off 11-month high; eyes on Trump, US yields

TOKYO/SINGAPORE: The dollar retreated from an 11-month high against a basket of currencies on Wednesday, taking a breather from a week-long rally driven by a rise in US bond yields after Donald Trump won the presidential election.

Published 16 Nov, 2016 09:04am

Front Top News

Karachi Mayor Waseem Akhtar gets bail in all cases

KARACHI: Karachi Mayor Waseem Akhtar is set to be released shortly on Wednesday after an anti-terrorism court (ATC) granted him bail in the last of the 39 cases against him.

Published 16 Nov, 2016 08:58am

Financial

Hong Kong stocks follow Asia up on OPEC deal hopes; China dips

SHANGHAI: Hong Kong stocks rose on Wednesday as the energy sector was boosted by a jump in oil prices and tech shares rebounded ahead of the launch of a scheme to link the Shenzhen and Hong Kong markets, which will channel mainland money into the city&#39

Published 16 Nov, 2016 08:54am

Financial

Australia, NZ dollars hold solid gains on yen and euro

SYDNEY: The Australian and New Zealand dollars probed multi-month peaks against the Japanese yen and the euro on Wednesday as a bounce in risk appetite saw investors amassing positions in high-yielding currencies.

Published 16 Nov, 2016 08:54am

Commodities

Palm heads for 1st gain in 3 sessions, tracking rival oils

KUALA LUMPUR: Malaysian palm oil futures were headed for their first session of gain in three on Wednesday, tracking stronger rival oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.

Published 16 Nov, 2016 08:36am

Financial

Trade mixed despite dollar retreat; yuan hits 8-year low

SINGAPORE: Emerging Asian currencies were mixed on Wednesday as sentiment towards regional units stayed bearish on rising expectations of a US interest rate hike in a month's time.

Published 16 Nov, 2016 08:34am

Commodities

Bangladesh tea prices drop at auction on poor quality

DHAKA: Tea prices in Bangladesh fell about 1.

Published 16 Nov, 2016 08:33am

Financial

Sri Lankan rupee falls on capital outflow fears; stocks weaker

COLOMBO: The Sri Lankan rupee was marginally weaker on Wednesday on fears that higher interest rates in the U.

Published 16 Nov, 2016 08:31am

Financial

Asia shares win reprieve as dollar rally, bond rout pause

TOKYO: A pause in both the sell-off in global bonds and sharp rise in the dollar following Donald Trump's election victory, together with Wall Street's record high overnight helped Asian shares steady on Wednesday.

Published 16 Nov, 2016 08:26am

Financial

Abu Dhabi jumps on bank merger speculation, oil bounce supports region

DUBAI: Abu Dhabi's leading banks rallied early on Wednesday on renewed speculation that the government could merge banks as part of an efficiency drive, while other Gulf shares bounced in line with global stocks and after an overnight rebound in oil p

Published 16 Nov, 2016 08:22am

Commodities

Copper dips for 2nd day, market awaits US infrastructure plans

SINGAPORE: London copper slid for a second session on Wednesday, easing after hitting its highest in over a year last week, with investors awaiting details of U.

Published 16 Nov, 2016 08:20am

Commodities

TOCOM hits near 16-month high on weak yen

TOKYO: Benchmark Tokyo rubber futures hit a near 16-month high on Wednesday, extending gains on a weaker yen and firmer crude oil prices.

Published 16 Nov, 2016 08:16am

Industry

Rolls-Royce ramps up cost savings as markets remain mixed

LONDON: Rolls-Royce, the British jet engine maker recovering from a string of profit warnings, said it would deliver annual cost savings at the top end of its target to help it cope with mixed market demand.

Published 16 Nov, 2016 08:16am

Financial

Yuan falls to 8-year low as China-critic Trump prepares to take office

HONG KONG: China's yuan weakened to an eight-year low on Wednesday as expectations of higher US interest rates buoyed the dollar, putting Beijing's commitment to market-oriented reforms in the spotlight as fierce critic Donald Trump prepares to ta

Published 16 Nov, 2016 08:14am

Energy

Oil prices extend rally, shrug off US stock build

TOKYO: Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in US crude stocks, and adding to gains of nearly 6 percent from the previous session.

Published 16 Nov, 2016 08:12am

Commodities

China iron ore tumbles over 6pc as sell-off extends; steel falls further

MANILA: Iron ore futures in China slumped more than 6 percent on Wednesday, falling sharply for a second session amid further losses in steel prices as investors pared bullish bets in a commodity still hit by excess supply.

Published 16 Nov, 2016 08:12am

Financial

Benchmark JGB yield hits 8-month high, impact of poor 5-year sale lingers

TOKYO: Japanese government bond prices weakened across the board on Wednesday, with the benchmark yield hitting an eight-month high, as the market crumbled from the short-end on a lingering impact from a poor five-year auction the previous day.

Published 16 Nov, 2016 08:09am

Sports

Pakistani Wolverine dreams UFC

Ahmad Mujtaba Pakistan’s unbeaten Mixed Martial Arts (MMA) star affectionately called “The Wolverine” arrived in Pakistan on Sunday after his victorious return from Singapore.

Published 16 Nov, 2016 07:43am

Life & Style

Parineeti Chopra replaces Kareena Kapoor

Actress Parineeti Chopra has replaced Kareena Kapoor Khan in the latest installment of ‘Golmaal’ series.

Published 16 Nov, 2016 07:20am

Pakistan Top News

RECORDER REPORT: PSX mid day update

KARACHI: On Wednesday, until mid day, KSE-100 Index was at 42228.

Published 16 Nov, 2016 07:18am

Front Top News

Sartaj Aziz says Trump would desrve Nobel peace prize if resolves Kashmir issue

ISLAMABAD: Adviser to Prime Minister on foreign affairs Sartaj Aziz expressed that newly elected United States (US) president Donald Trump would deserve Nobel Prize if he succeeds in resolving the Kashmir dispute between India and Pakistan.

Published 16 Nov, 2016 07:18am

SBP cuts SLR by five percent for Islamic banks

RIZWAN BHATTI%D%AKARACHI: In order to facilitate the Islamic Banking Industry, the State Bank of Pakistan (SBP) has announced a reduction in Statutory Liquidity Requirement (SLR) for Islamic banks and Islamic banking branches by 5 percent to fix at 14 per

Published 16 Nov, 2016 06:40am

North America

Trump plans to scrap Dodd-Frank; for banks, it's complicated

NEW YORK: US President-elect Donald Trump has vowed to eliminate the landmark Dodd-Frank financial reform law adopted in the post-crisis era but Wall Street has mixed feelings about such a drastic move.

Published 16 Nov, 2016 06:35am

Front Top News

Power ministry threatens to terminate 650MW supply to KE over non-payment

MUSHTAQ GHUMMAN%D%AISLAMABAD: Ministry of Water and Power has reportedly threatened to terminate 650MW power supply to Karachi Electric (KE) in case the power utility does not clear the 'outstanding' payment of Rs 51 billion, well informed sources

Published 16 Nov, 2016 06:35am

Cricket

New Zealand draw on McCullum heroics for Pakistan clash

CHRISTCHURCH: Pakistan and New Zealand both claimed the high ground on the eve of Thursday's first Test in Christchurch, with the Black Caps drawing inspiration from Brendon McCullum's classic farewell innings.

Published 16 Nov, 2016 06:34am

Financial

Energy firms lead Asia markets higher

HONG KONG: Energy firms led a rally in Asia equities markets on Wednesday after oil prices soared on hopes for a deal by producers to cut output, while the dollar settled back after its latest gains.

Published 16 Nov, 2016 06:26am

Arts

WhatsApp suspends giving Facebook European user data

SAN FRANCISCO: WhatsApp has temporarily suspended giving parent company Facebook information about users in Europe for ad targeting, responding to concerns there over privacy, a source close to the matter said Tuesday.

Published 16 Nov, 2016 06:26am

Financial

Tokyo stocks up at break on weak yen, upbeat US data

TOKYO: Tokyo stocks rose on Wednesday morning with exporters gaining on a weaker yen as energy stocks followed oil prices upward, with investors cheered by encouraging US economic data.

Published 16 Nov, 2016 06:22am

Cricket

Aussies have lost 'fear factor', says Lara

SYDNEY: Australia's cricketers have lost their "fear factor" and could be heading towards a West Indies-style decline, batting great Brian Lara has warned.

Published 16 Nov, 2016 06:22am

Life & Style

Deepika Padukone gifts Rs 40 crore apartment to her ‘special man’

Bollywood diva Deepika Padukone who’s busy with her Hollywood assignment as well as many Bollywood projects, has bought an expensive gift for someone very special in her life (and it’s not Ranveer Singh).

Published 16 Nov, 2016 06:16am

Europe

Poroshenko appeals to Trump for support in phone call

KIEV: Ukranian president Petro Poroshenko asked Donald Trump for support against "Russian aggression" during a congratulatory telephone conversation with the US president-elect on Tuesday.

Published 16 Nov, 2016 06:07am

Financial

Hong Kong stocks up by break on energy rally

HONG KONG: Hong Kong shares climbed Wednesday morning, led by energy firms after oil prices surged the day before on hopes OPEC can hammer out a deal to cut crude production.

Published 16 Nov, 2016 06:06am

Sports

Scott still rankled by McIlroy win at Aussie Open

SYDNEY: Adam Scott admitted Wednesday that his final hole bogey to hand Rory McIlroy the Australian Open in 2013 still hurts as he prepares for another crack at his home tournament.

Published 16 Nov, 2016 06:05am

Football

Messi magic sparks Argentina, Brazil march on

MONTEVIDEO: Lionel Messi produced a magical display to get Argentina's World Cup qualification back on track Tuesday as Brazil notched their sixth consecutive victory to put one foot in the 2018 finals in Russia.

Published 16 Nov, 2016 06:05am

Business & Economy

19.6 percent of budgeted amount: government releases Rs 156.5 billion under PSDP

NAVEED BUTT%D%AISLAMABAD: The Federal government released Rs 156.

Published 16 Nov, 2016 06:04am

World Top News

Suicide bomber kills four in Kabul

KABUL: A suicide bomber on foot struck a government vehicle in Kabul Wednesday, killing at least four people and wounding 11 others, officials said, in the latest attack in the Afghan capital.

Published 16 Nov, 2016 06:03am

Europe

Merkel to be the new 'leader of the free world'?

BERLIN: The shock election of Donald Trump as US president has forced greater responsibility for defending Western values and interests onto German Chancellor Angela Merkel's shoulders, analysts say, with some even crowning her the new "leader of the

Published 16 Nov, 2016 06:02am

Asia

India's foreign minister suffers kidney failure

NEW DELHI: India's Foreign Minister Sushma Swaraj said Wednesday that she is being treated for kidney failure and undergoing tests for a possible transplant.

Published 16 Nov, 2016 06:01am

Front Top News

PTI to boycott of parliament ahead of Erdogan address

MONITORING DESK%D%AKARACHI: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan announced on Tuesday that his party's legislators would continue to boycott the National Assembly despite the Turkish President Recep Tayyip Erdogan's address to the jo

Published 16 Nov, 2016 06:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 15, 2016).