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Archive - 2016-12-17
Rabbani for progressive Pakistan through democratic process
Pakistan Top News

Rabbani for progressive Pakistan through democratic process

KARACHI: Senate Chairman Mian Raza Rabbani Saturday said there was need to move towards progressive Pakistan through democratic process, as the country could not experiment another dictatorship.
Published 17 Dec, 2016 07:56pm
Greater Iqbal Park to fascinate local, foreign tourists: Shehbaz
Pakistan Top News

Greater Iqbal Park to fascinate local, foreign tourists: Shehbaz

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif said on Saturday that Greater Iqbal Park was equipped with world standard facilities, depicting cultures of all the four provinces, Gilgit-Baltistan, Azad Jammu and Kashmir, our great civilization and
Published 17 Dec, 2016 07:56pm
Niguez stunner hands Atletico much-needed win
Football

Niguez stunner hands Atletico much-needed win

MADRID: A stunning 25-yard strike from Saul Niguez snapped Atletico Madrid's three-game winless streak with a nervy 1-0 win over Las Palmas on Saturday to move up to fifth in La Liga.
Published 17 Dec, 2016 06:33pm
Vietnamese companies keen to invest in Pakistan
Business & Economy

Vietnamese companies keen to invest in Pakistan

ISLAMABAD: Ambassador of Vietnam to Pakistan Nguyen Xuan Luu Saturday said many Vietnamese companies were keen to invest and provide their expertise in various economic sectors of Pakistan especially in agriculture and seafood with focus on Karachi.
Published 17 Dec, 2016 06:06pm
COAS reaches SA on three-day visit
Pakistan Top News

COAS reaches SA on three-day visit

ISLAMABAD: Chief of Army Staff (COAS) General Qamar Javed Bajwa Saturday reached Saudi Arabia (Riaz) on a three- day official visit.
Published 17 Dec, 2016 05:01pm
Bilawal returns from Dubai
General News

Bilawal returns from Dubai

KARACHI: Chairman Pakistan Peoples Party (PPP), Bilawal Bhutto Zardari, has returned here after a short visit to Dubai.
Published 17 Dec, 2016 04:59pm
Football: German league table
Football

Football: German league table

BERLIN: German Bundesliga table after Saturday afternoon's matches (played, won, drawn, lost, goals for, goals against, points):%D%ARB Leipzig 15 11 3 1 31 12 36%Dayern Munich 14 10 3 1 34 9 33%D%AHoffenheim 15 6 9 0 27 16 27%D%AHertha Berlin 15 8 3 4
Published 17 Dec, 2016 04:53pm
President Mamnoon unveils China-gifted Chandelier at Mazar-e-Quaid
Pakistan Top News

President Mamnoon unveils China-gifted Chandelier at Mazar-e-Quaid

KARACHI: President Mamnoon Hussain and his Chinese counterpart Xi Jinping Saturday said that Pak-China friendship and strategic partnership has been strengthening and moving forward "day by day and generations to generations" in the interest of the people
Published 17 Dec, 2016 02:56pm
Significant growth in key performance indicators: SBP
Pakistan Top News

Significant growth in key performance indicators: SBP

KARACHI: During Fiscal year (FY) 16, Payment Systems in Pakistan have shown significant growth in key performance indicators, State Bank of Pakistan (SBP), statement said here on Saturday.
Published 17 Dec, 2016 02:50pm
Turkey honours Allama Iqbal with Dost Award
Arts

Turkey honours Allama Iqbal with Dost Award

ISLAMABAD: Pakistan's national poet and great philosopher Allama Muhammad Iqbal was honoured in Turkey, through the conferment of 'Dost Award' for his services to Islam and the Muslims.
Published 17 Dec, 2016 02:45pm
Hillary blames FBI director & Russia for her election defeat
Front Top News

Hillary blames FBI director & Russia for her election defeat

NEW YORK: US Democratic presidential candidate Hillary Clinton told her donors that FBI Director James Comey and Russian President Vladimir Putin were the chief culprits for her election loss to Donald Trump, her Republican rival, in the November election
Published 17 Dec, 2016 02:34pm
EU sees Japan free-trade deal in early 2017
World

EU sees Japan free-trade deal in early 2017

BRUSSELS: The European Union said on Saturday it is close to an agreement with Japan on a free-trade deal that has taken on greater significance after President-elect Donald Trump announced US plans to withdraw from a separate pact with Pacific nations.
Published 17 Dec, 2016 02:21pm
Warne blasts at disappointing Yasir Shah
Cricket

Warne blasts at disappointing Yasir Shah

The world best leg-spinner Shane Warne has panned Pakistan leg spin prodigy Yasir Shah over the later tactics against the Australians, in the ongoing first Test match at Gabba, Brisbane.
Published 17 Dec, 2016 02:17pm
ECB's Lane says monetary economics not broken in Europe
Money & Banking

ECB's Lane says monetary economics not broken in Europe

DUBLIN: Monetary economics has not broken down in the euro zone and a gradual recovery from the bloc's debt crisis will allow interest rates eventually to normalise, European Central Bank governing council member Philip Lane told an Irish newspaper on
Published 17 Dec, 2016 02:10pm
Iran summons British envoy in Syria tit for tat
Asia

Iran summons British envoy in Syria tit for tat

TEHRAN: Iran summoned the top British diplomat in Tehran for the second time this month to complain about criticism of its actions in Syria, state television reported on Saturday.
Published 17 Dec, 2016 01:43pm
Gandhara artefact to be displayed at exhibition in Korea
General News

Gandhara artefact to be displayed at exhibition in Korea

ISLAMABAD: National History and Literary Heritage (NHLH) Division signed an Memorandum of Understanding (MoU) with the Inter Art Channel, Republic of Korea to organize an exhibition of Gandhara artefact and sculptures from Khyber Pakhtunkhwa (KP) in two c
Published 17 Dec, 2016 01:25pm
Under smog alert, Beijing orders factories to shut or cut output
Asia

Under smog alert, Beijing orders factories to shut or cut output

BEIJING: Beijing's city government ordered 1,200 factories near the Chinese capital, including a major oil refinery run by state oil giant Sinopec, to shut or cut output on Saturday after authorities issued the highest possible air pollution alert.
Published 17 Dec, 2016 01:10pm
Vivendi move on Mediaset not hostile, CEO tells newspaper
Industry

Vivendi move on Mediaset not hostile, CEO tells newspaper

MILAN: Vivendi's acquisition of a 20 percent stake in Italian broadcaster Mediaset is not a hostile move and the final aim is to build a European company with global reach, the French media group's CEO said in an interview in the Corriere della Se
Published 17 Dec, 2016 01:08pm
FCCI demands steps for economic turnaround
Business & Economy

FCCI demands steps for economic turnaround

FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) president Rana Sikandar-e- Azam Khan on Friday said that international and regional economic turnaround had necessitated the documentation of economy and in this connection Government of Pakis
Published 17 Dec, 2016 12:57pm
Syrian rebels, govt say new deal reached to secure Aleppo evacuation
Front Top News

Syrian rebels, govt say new deal reached to secure Aleppo evacuation

ALEPPO: A new deal has been reached to complete the evacuation of rebel-held areas of Syria's east Aleppo which ground to a halt on Friday over demands from pro-government forces that people also be moved out of two villages besieged by rebels.
Published 17 Dec, 2016 12:57pm
Test greats oppose Salman Butt's comeback
Cricket

Test greats oppose Salman Butt's comeback

Former Test captain Salman Butt has been knocking the doors of international cricket to make a comeback in the Pakistan squad and after leading his team Wapda to win their maiden Quaid-e-Azam Trophy he has added further weight behind his bid to do so.
Published 17 Dec, 2016 12:56pm
President says no change in CPEC route
Business & Finance

President says no change in CPEC route

KARACHI: President Mamnoon Hussain Saturday said that there had not been even a minor change in the western or other alignment of the designated route of the China-Pakistan Economic Corridor (CPEC).
Published 17 Dec, 2016 12:55pm
Bin Laden's son denied entry to Egypt
World Top News

Bin Laden's son denied entry to Egypt

CAIRO: Osama bin Laden's son Omar was refused entry to Egypt on Saturday, airport sources said, giving no reason why his name was on a list of people banned from the country.
Published 17 Dec, 2016 12:54pm
Osama bin Laden's son denied entry to Egypt
Europe

Osama bin Laden's son denied entry to Egypt

%DAIRO: Osama bin Laden's son Omar was refused entry to Egypt on Saturday, airport sources said, giving no reason why his name was on a list of people banned from the country.
Published 17 Dec, 2016 12:24pm
Car bombing kills 13 Turkish soldiers
Pakistan Top News

Car bombing kills 13 Turkish soldiers

ISTANBUL: Thirteen Turkish soldiers were killed and dozens more wounded in a car bombing targeting off-duty conscripts being taken by bus on a weekend shopping trip, the latest in a string of attacks to rock Turkey in recent months.
Published 17 Dec, 2016 09:46am
Thousands camp out in Aleppo desperate for evacuation
World Top News

Thousands camp out in Aleppo desperate for evacuation

ALEPPO: Thousands of civilians spent the night in bombed out apartment blocks in rebel Aleppo in desperate hope of a resumption of organised evacuations on Saturday, an AFP correspondent reported.
Published 17 Dec, 2016 09:45am
England bowled out for 477 in 5th India Test
Cricket

England bowled out for 477 in 5th India Test

CHENNAI: Debutant Liam Dawson hit an unbeaten 66 as England were bowled out for 477 in the evening session on day two of the fifth and final Test in Chennai on Saturday.
Published 17 Dec, 2016 09:43am
Dawson, Rashid fifties drive England to 452-8
Cricket

Dawson, Rashid fifties drive England to 452-8

CHENNAI: Half-centuries by debutant Liam Dawson and Adil Rashid lifted England to 452 for eight at tea after Indian bowlers struck early on day two of the fifth and final Test in Chennai on Saturday.
Published 17 Dec, 2016 09:42am
Imran Khan to lead Boycott XI
Cricket

Imran Khan to lead Boycott XI

England batting great Geoffrey Boycott has picked Pakistans World Cup winning skipper Imran Khan to lead his World XI side, much to the displeasure of Indians after no Indian player was able to make into the coveted list.
Published 17 Dec, 2016 09:21am
KickAss torrents is back - still kicking it!
Technology

KickAss torrents is back - still kicking it!

The worlds largest and most acclaimed torrent provider, Kickass Torrents after being closed down recently is back up again, thankfully to the contributors who had been looking after it.%D%A%D%A
Published 17 Dec, 2016 08:59am
Indian bowlers check England surge in 5th Test
Cricket

Indian bowlers check England surge in 5th Test

CHENNAI: Indian bowlers claimed three crucial wickets including that of overnight centurion Moeen Ali in the morning session to peg England back on day two of the fifth and final Test in Chennai on Saturday.
Published 17 Dec, 2016 08:48am
The Fallen Town II by Holly Andres
Featured Photos

The Fallen Town II by Holly Andres

Photo Credit Holly Andres%D%AHolly Andres is a talented fine art and commercial photographer and director, who was born in Missoula, Montana in 1977 currently based in Portland, Oregon.
Published 17 Dec, 2016 08:47am
Heather Kemesky by Boo George for Porter #16 Fall 2016
Featured Photos

Heather Kemesky by Boo George for Porter #16 Fall 2016

Photo Credit : Boo George%D%AHeather Kemesky, the 27-year-old beauty model who hails from Orange County, enjoys in The Country Girl, photographed by Boo George and styled by Cathy Kasterine for Porter #16 Fall 2016.
Published 17 Dec, 2016 08:31am
Hypnotic Architectural Photography by Eric Dufour
Featured Photos

Hypnotic Architectural Photography by Eric Dufour

Photo Credit : Eric Dufour%Dric Dufour is a talented photographer based in Arnas, France and shoots a lot of landscape, animal, urban and architecture photography.
Published 17 Dec, 2016 08:28am
Venezuela cash crisis sparks looting, protests
World

Venezuela cash crisis sparks looting, protests

CARACAS: Desperate Venezuelans looted delivery trucks and clashed with police as a botched plan to introduce new banknotes left people without cash -- the latest shortage in a spiraling economic crisis.
Published 17 Dec, 2016 08:27am
NYC Dance Project: The Art of Movement by Ken Browar and Deborah Ory
Featured Photos

NYC Dance Project: The Art of Movement by Ken Browar and Deborah Ory

Photo Credit : Ken Browar and Deborah Ory%Dmerican photographers Deborah Ory and Ken Browar created the NYC Dance Project to capture the celebration of movement and dance in hundreds of breathtaking photographs of more than 70 dancers from American Ballet
Published 17 Dec, 2016 08:25am
Stunning Animal Portraits by Sergey Polyushko
Featured Photos

Stunning Animal Portraits by Sergey Polyushko

Photo Credit : Sergey Polyushko%D%ASergey Polyushko is an professional photographer currently based in Kiev, Ukraine and shoots a lot of nature, landscape, architecture and animal photography.
Published 17 Dec, 2016 08:22am
Food Love by Dina Belenko
Featured Photos

Food Love by Dina Belenko

Photo Credit : Dina Belenko%Dina Belenko is a talented photographer and retoucher from Khabarovsk, Russian Federation.
Published 17 Dec, 2016 08:10am
Bididng for PSX stake to open on December 22
Front Top News

Bididng for PSX stake to open on December 22

AHMED MALIK%D%AKARACHI: The PSX Divestment Committee has announced that bids for divestment of 40 percent equity stake of Pakistan Stock Exchange would be received till 4pm on December 22, 2016 and will be opened at 5pm the same day.
Published 17 Dec, 2016 08:04am
Australia lead Pakistan by 327 runs at tea
Cricket

Australia lead Pakistan by 327 runs at tea

BRISBANE: Australia tightened their grip on the day-night first Test with a 327-run lead over Pakistan after not enforcing the follow-on on the third day at the Gabba on Saturday.
Published 17 Dec, 2016 08:02am
Nepra stuns power ministry, strongly opposes changes in law
Front Top News

Nepra stuns power ministry, strongly opposes changes in law

MUSHTAQ GHUMMAN%D%AISLAMABAD: National Electric Power Regulatory Authority (Nepra) has reportedly stunned the ministry of water and power by strongly opposing the proposed amendments in the Nepra Act 1997, saying any such attempt would destroy the autonom
Published 17 Dec, 2016 07:58am
PTA against reviwing telecom policy
Front Top News

PTA against reviwing telecom policy

TAHIR AMIN%D%AISLAMABAD: The Pakistan Telecommunication Authority (PTA) is reportedly not in favour of reviewing Telecom Policy 2015 as recommended by the Competition Commission of Pakistan (CCP), which categorically had declared that empowering the PTA t
Published 17 Dec, 2016 07:35am
Obama points finger at Putin for hacks during US election
Pakistan Top News

Obama points finger at Putin for hacks during US election

WASHINGTON: President Barack Obama on Friday strongly suggested that Russian President Vladimir Putin personally authorized the computer hacks of Democratic Party emails that American intelligence officials say were aimed at helping Republican Donald Trum
Published 17 Dec, 2016 06:51am
Trump promises Syria 'safe zones', Obama says no easy fix
Front Top News

Trump promises Syria 'safe zones', Obama says no easy fix

ORLANDO/WASHINGTON: US President-elect Donald Trump said on Friday his administration would build "safe zones" to try to help civilians trapped in Syria's bloody conflict, an idea that President Barack Obama said would be too hard to enforce.
Published 17 Dec, 2016 06:43am
Obama says China would not take change in US policy on Taiwan lightly
World Top News

Obama says China would not take change in US policy on Taiwan lightly

WASHINGTON: President Barack Obama said on Friday it was fine for President-elect Donald Trump to review Washington's "one-China" policy toward Taiwan, but he cautioned that a shift could lead to significant consequences in the U.
Published 17 Dec, 2016 06:16am
Rangers foil suicide attack bid in Hyderabad

Rangers foil suicide attack bid in Hyderabad

Rangers foiled a suicide attack bid, as a suspected suicide bomber was gunned down when he tried to sneak into an Imambargah during Friday prayers in Latifabad area of Hyderabad. According to a Rangers spokesman, a suspected suicide bomber tried to sneak
Published 17 Dec, 2016 12:00am
Rangers foil suicide attack bid in Hyderabad

Rangers foil suicide attack bid in Hyderabad

Rangers foiled a suicide attack bid, as a suspected suicide bomber was gunned down when he tried to sneak into an Imambargah during Friday prayers in Latifabad area of Hyderabad. According to a Rangers spokesman, a suspected suicide bomber tried to sneak
Published 17 Dec, 2016 12:00am
India's opposition says rights 'trampled'
Currency

India's opposition says rights 'trampled'

India's parliament ended its latest session Friday with barely any debate on a currency ban that has caused nation-wide chaos, leading opposition parties to claim their democratic rights had been "trampled". Ruling and opposition politicians have traded b
Published 17 Dec, 2016 12:00am
India's opposition says rights 'trampled'
Currency

India's opposition says rights 'trampled'

India's parliament ended its latest session Friday with barely any debate on a currency ban that has caused nation-wide chaos, leading opposition parties to claim their democratic rights had been "trampled". Ruling and opposition politicians have traded b
Published 17 Dec, 2016 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

An easier trend persisted on the money market on Friday as the rupee tended lower versus the dollar in the process of trading, dealers said. The rupee slipped by one paisa versus dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively, they
Published 17 Dec, 2016 12:00am
India''s opposition says rights ''trampled''
Currency

India''s opposition says rights ''trampled''

India''s parliament ended its latest session Friday with barely any debate on a currency ban that has caused nation-wide chaos, leading opposition parties to claim their democratic rights had been "trampled". Ruling and opposition politicians have traded
Published 17 Dec, 2016 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

An easier trend persisted on the money market on Friday as the rupee tended lower versus the dollar in the process of trading, dealers said. The rupee slipped by one paisa versus dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively, they
Published 17 Dec, 2016 12:00am
Aleppo evacuation suspended, trapping thousands

Aleppo evacuation suspended, trapping thousands

The Syrian government suspended the evacuation of civilians and fighters from the last rebel-held parts of Aleppo on Friday, leaving thousands of people trapped and uncertain of their fate. Appeals came in from around the world for the evacuations to resu
Published 17 Dec, 2016 12:00am
Aleppo evacuation suspended, trapping thousands

Aleppo evacuation suspended, trapping thousands

The Syrian government suspended the evacuation of civilians and fighters from the last rebel-held parts of Aleppo on Friday, leaving thousands of people trapped and uncertain of their fate. Appeals came in from around the world for the evacuations to resu
Published 17 Dec, 2016 12:00am
PTA not in favour of reviewing telecom policy

PTA not in favour of reviewing telecom policy

The Pakistan Telecommunication Authority (PTA) is reportedly not in favour of reviewing Telecom Policy 2015 as recommended by the Competition Commission of Pakistan (CCP), which categorically had declared that empowering the PTA to regulate competition re
Published 17 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
PTA not in favour of reviewing telecom policy

PTA not in favour of reviewing telecom policy

The Pakistan Telecommunication Authority (PTA) is reportedly not in favour of reviewing Telecom Policy 2015 as recommended by the Competition Commission of Pakistan (CCP), which categorically had declared that empowering the PTA to regulate competition re
Published 17 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
PTA not in favour of reviewing telecom policy

PTA not in favour of reviewing telecom policy

The Pakistan Telecommunication Authority (PTA) is reportedly not in favour of reviewing Telecom Policy 2015 as recommended by the Competition Commission of Pakistan (CCP), which categorically had declared that empowering the PTA to regulate competition re
Published 17 Dec, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
Obama says US will retaliate against Russian hacking

Obama says US will retaliate against Russian hacking

Barack Obama vowed the United States would retaliate against Russian hacking after the White House accused Vladimir Putin of direct involvement in cyberattacks designed to influence the US election. The outgoing US president's remarks on Thursday dramatic
Published 17 Dec, 2016 12:00am
Information about loan write-offs

Information about loan write-offs

Public information about loan write-offs has usually been a matter of contention in Pakistan. This matter hit the headlines recently when the State Bank was reported to have refused the request of the Senate Standing Committee to provide details of writte
Published 17 Dec, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 16, 2016)

Published 17 Dec, 2016 12:00am
Commission report on the Quetta carnage

Commission report on the Quetta carnage

The question why the curse of terrorism refuses to go away from Pakistan has a profound answer in the report of commission on the Quetta carnage set up by Supreme Court. Constituted a month after a suicide-bomber killed 74 people, mostly lawyers, at a hos
Published 17 Dec, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
The 'demise' of regulatory bodies

The 'demise' of regulatory bodies

The government has decided to forfeit the independence of the regulatory authorities of Pakistan by transferring them from the Cabinet Division to the respective line ministries, thereby diluting their autonomous status to much of a line function. The gov
Published 17 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 17 Dec, 2016 12:00am
China cedes top US creditor crown to Japan as yuan struggles
Currency

China cedes top US creditor crown to Japan as yuan struggles

China has been dethroned by Japan as the top holder of US government debt as the Chinese central bank has dipped into its foreign exchange reserves to support the yuan, while its Japanese counterpart has been content to allow the yen to weaken. Investors
Published 17 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 17 Dec, 2016 12:00am
As Trump riles China, Taiwan tallies defence costs

As Trump riles China, Taiwan tallies defence costs

Before getting too carried away with Taiwan's elevated status under a Donald Trump presidency, President Tsai Ing-wen might want to check her bank balance. Trump's suggestion that the "one China" principle - that Taiwan is a part of China - was up for neg
Published 17 Dec, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
Companies Law

Companies Law

SECP accounts for 2015-16 indicate that appropriation towards tax was at Rs 140 million and that its revenue during the year was Rs 2.6 billion. Surplus of income over expenditure before tax was Rs 415 million. Fees and other recoveries, under various reg
Published 17 Dec, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
The Weather

The Weather

The weather report on Friday (December 16, 2016) and the forecast for Saturday (December 17, 2016).

Published 17 Dec, 2016 12:00am
Candle light vigil at LUMHS to honour APS martyrs

Candle light vigil at LUMHS to honour APS martyrs

The Students of Liaquat University of Medical & Health Sciences Jamshoro arranged a "Candle Light Vigil" on Friday at the main Campus to honour and remember the Martyrs of Army Public School Peshawar. While addressing a large number of students, the Vice
Published 17 Dec, 2016 12:00am
Bilawal pays tributes to APS martyrs

Bilawal pays tributes to APS martyrs

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has paid tributes to 141 innocent school children and teachers who were martyred by terrorists in APS Peshawar two years ago. These innocent children represented future aspirations of our societ
Published 17 Dec, 2016 12:00am
Traders' alliance seeks increased security

Traders' alliance seeks increased security

Chairman of Karachi-Sindh Tajir Ittehad, Shaikh Habeeb, has said on Friday that crimes in Karachi have been increasing day by day and extortionists are sending chits demanding money from businessmen. He said at a conference that the extortionists were thr
Published 17 Dec, 2016 12:00am
CoAS confirms death sentences to another 13 hardcore terrorists

CoAS confirms death sentences to another 13 hardcore terrorists

Chief of Army Staff General Qamar Javed Bajwa on Friday confirmed death sentences awarded to another 13 hardcore terrorists who were involved in heinous offences related to terrorism, including killing and slaughtering of innocent civilians, officials of
Published 17 Dec, 2016 12:00am
Danish government celebrates 'diversity of culture' at PNCA

Danish government celebrates 'diversity of culture' at PNCA

The Government of Denmark in collaboration with the Danish Centre for Culture and Development held a large-scale public event to celebrate the diversity of culture in Pakistan while highlighting art and culture as a tool for socio-economic change. The eve
Published 17 Dec, 2016 12:00am
PPP not in competition with PTI: Kaira

PPP not in competition with PTI: Kaira

Pakistan Peoples Party (PPP) Punjab President Qamar Zaman Kaira said on Friday that Imran Khan was in a hurry otherwise the PPP was not in competition with the Pakistan Tehrik-e-Insaf being an opposition party. "We are a genuine political party and not in
Published 17 Dec, 2016 12:00am
'Several factors may damage large quantity of surplus wheat'

'Several factors may damage large quantity of surplus wheat'

Chairman Businessmen Panel and Pakistan Business Group Alliance of FPCCI, Mian Zahid Hussain, presidential candidate Abdul Rahim Janoo, candidate for SVP Mian Anjum Nisar for FPCCI elections 2017 have said that insufficient storage facilities, faulty meth
Published 17 Dec, 2016 12:00am
Embarrased, in the Supreme Court

Embarrased, in the Supreme Court

The deputy secretary of the Establishment Division was in for some embarrassment on Friday when he deliberately gave an inaccurate reply to a judge of the Supreme Court. The two-member bench, led by Justice Ejaz Afzal Khan, was hearing a legal complaint f
Published 17 Dec, 2016 12:00am
Quaid's mausoleum to get new 24k gold chandelier today

Quaid's mausoleum to get new 24k gold chandelier today

The mausoleum of Quaid-e-Azam Muhammad Ali Jinnah in Karachi is going to be illuminated on December 17 with a new state-of-the-art chandelier, made of fine crystal and 8.3 kilograms of 24-karat gold. President Mamnoon Hussain will inaugurate the newly cra
Published 17 Dec, 2016 12:00am
Professor Zaheer's contributions to research on Islamic history praised

Professor Zaheer's contributions to research on Islamic history praised

The participants of the seminar on Serious Issues of Teaching Islamic History organised by Pakistan Institute of National Affairs (PINA) in Lahore highly appreciated the valuable contribution made by Professor Nigar Sajjad Zaheer in organising research an
Published 17 Dec, 2016 12:00am
Book on Mairaj Muhammad Khan launched

Book on Mairaj Muhammad Khan launched

Deputy Mayor Karachi Arshad Vohra has said that Mairaj Muhammad Khan was the "voice" of deprived people of the society and his vision was not only for Karachi but for the entire country. While addressing the launching ceremony of Rasheed Jamal's book titl
Published 17 Dec, 2016 12:00am
'Creation of Bangladesh Myths Exploded' launched

'Creation of Bangladesh Myths Exploded' launched

Creation of Bangladesh is the most tragic episode of Pakistan's history, invoking the feelings of losing not only a geographical territory but of family, integrity, trust, honour and identity. This was stated by the researcher and management consultant Dr
Published 17 Dec, 2016 12:00am
Muslim scholars criticise UN for genocide in Syria

Muslim scholars criticise UN for genocide in Syria

The religious scholars while marking 'Solidarity Day with Oppressed Syrians' have urged the United Nations and Organisation of Islamic Co-operation to take notice of prevailing atrocities on the people of Aleppo. Addressing a conference titled 'Call for A
Published 17 Dec, 2016 12:00am
PIA clarification

PIA clarification

Apropos to media reports claiming that there were technical problems in the engine of the ATR that crashed on December 7, it is reiterated that maintenance of PIA aircraft is done as per manuals at proper times in accordance with international standards.
Published 17 Dec, 2016 12:00am
Condolence

Condolence

Sarmad Ali, President and Umer Mujib Shami, Secretary General of the All Pakistan Newspapers Society have expressed profound grief on behalf of APNS over the sad demise of Muhammad Nawaz Khan father of Bashir Ahmed Khan, Publisher, Daily Multan Naama, Mul
Published 17 Dec, 2016 12:00am
NAB recovers Rs 40.12 million from KP police officer

NAB recovers Rs 40.12 million from KP police officer

National Accountability Bureau (NAB) Khyber Pakhtunkhwa deposited an amount of Rs 40.12 million recovered from accused Javed Khan, Budget Officer Khyber Pakhtunkhwa Police Department in national exchequer. A team of NAB KP raided the house of Budget Offic
Published 17 Dec, 2016 12:00am
Uzbek Ambassador calls on Saad

Uzbek Ambassador calls on Saad

Uzbek Ambassador, Furkat A. Sidikov called on Federal Minister for Railways, Kh. Saad Rafique on Friday in Ministry of Railways. They agreed on mutual co-operation. "Pakistan and Uzbekistan should focus on establishing direct railway and air links that wo
Published 17 Dec, 2016 12:00am
France remembers APS martyrs

France remembers APS martyrs

Two years to this day, on 16th December 2014, the Army Public School (APS) of Peshawar was targeted by a vicious terrorist attack that claimed over 140 lives, mostly young students. On this sad occasion, the Ambassador of France in Pakistan and all the Fr
Published 17 Dec, 2016 12:00am
Pakistan wants to work closely with the Trump administration: Fatemi

Pakistan wants to work closely with the Trump administration: Fatemi

Special Assistant to the Prime Minister on Foreign Affairs Tariq Fatemi on Thursday said that though Trump Administration was not yet in place, Pakistan look forward to working closely with the new President-elect and his team with particular focus on eco
Published 17 Dec, 2016 12:00am
'Energy projects to help generate 17,045 megawatts'

'Energy projects to help generate 17,045 megawatts'

The different electricity projects including wind, solar, hydro and coal under the CPEC will help to generate a sum of 17,045 megawatts electricity in the country. Minister of State for Water and Power Abid Sher Ali informed this to the National Assembly
Published 17 Dec, 2016 12:00am
FAO holds training on SDG-2 targets

FAO holds training on SDG-2 targets

In an effort to develop capacity among national statisticians and help them monitor the targets of achievement of Sustainable Development Goal (SDG) 2, FAO Pakistan conducted one-day training in Islamabad. This training focused on the methodology to compu
Published 17 Dec, 2016 12:00am
Collectors told to dispose of seized cars as per rules

Collectors told to dispose of seized cars as per rules

The Federal Board of Revenue (FBR) has directed the collectors of customs to dispose of confiscated vehicles as per rules/procedure or allow re-export of the same, as the ministry of commerce has not allowed any relaxation of age limit on the import of se
Published 17 Dec, 2016 12:00am
Pakistani peacekeepers organise medical camps for IDPs

Pakistani peacekeepers organise medical camps for IDPs

The Pakistani contingent, which is a part of the United Nations African Union Mission in Darfur (UNAMID), has organised free medical camps in El Daein, East Darfur, for internally displaced persons, refugees from South Sudan and prison inmates, according
Published 17 Dec, 2016 12:00am
SHC to hear Ayyan's plea on January 16

SHC to hear Ayyan's plea on January 16

The Sindh High Court (SHC) has decided to hear super model Ayyan Ali's request regarding removal of her name from the Exit Control List (ECL) on January 16, 2017. Justice Naimatullah Phulpoto will hear the case as referee judge because Justice Ahmed Ali M
Published 17 Dec, 2016 12:00am
Pakistan calls for equitable approach to NSG membership

Pakistan calls for equitable approach to NSG membership

Pakistan on Thursday presented strong arguments for membership of the Nuclear Suppliers Group (NSG) at the UN Security Council. Speaking in a debate on "Preventing catastrophe: A global agenda for stopping the proliferation of weapons of mass destruction
Published 17 Dec, 2016 12:00am
Increased use of herbal medicinal products highlighted

Increased use of herbal medicinal products highlighted

National and foreign scientists said at the 14th Eurasia Conference on Chemical Sciences (EuAsC2S-14)that around 80 per cent of people around the world rely on herbal medicinal products for primary healthcare. They said on Friday that some plants had ther
Published 17 Dec, 2016 12:00am
Clearing agents demand abolition of bonded carriers' monopoly

Clearing agents demand abolition of bonded carriers' monopoly

Customs clearing agents and traders concerned with Afghan Transit Trade (ATT) demanded the abolition of the monopoly of bonded carriers for transportation of transit goods to Afghanistan. They also called to bind them for the safe delivery of goods. These
Published 17 Dec, 2016 12:00am
APS martyrs remembered

APS martyrs remembered

On the eve of second anniversary of APS attack, a ceremony was held in Archives Library Hall in Peshawar while several rallies and candlelight vigils held to express solidarity with APS martyrs. Participants expressed sheer resolve to not admit defeat in
Published 17 Dec, 2016 12:00am
TEVTA to train 75,000 female next year

TEVTA to train 75,000 female next year

Technical Education and Vocational Training Authority (TEVTA) has trained 38000 female youth in employable trades during one year while 75000 female will be given training in employable trades during next year. Chairperson TEVTA Irfan Qaiser Sheikh said t
Published 17 Dec, 2016 12:00am
E-ticket facility provided to people of Baluchistan

E-ticket facility provided to people of Baluchistan

Pakistan Railways (PR) has provided E-ticket booking facility to people of Baluchistan and Quetta on Akbar Express, Jaffer Express and Bolan Mail. People can book their seats on these trains by visiting pakrail.gov.pk from their home or smart phones, said
Published 17 Dec, 2016 12:00am
PFA accelerates inspection of filter plants

PFA accelerates inspection of filter plants

Following the directives of Supreme Court of Pakistan, the Punjab Food Authority (PFA) has accelerated the inspection of water filter plants in the province and sent samples collected from 18 water filter plants to the laboratory (for comprehensive analys
Published 17 Dec, 2016 12:00am
KBP urges government to take notice of water aggression by India

KBP urges government to take notice of water aggression by India

Kisan Board Pakistan (KBP) has urged the government to take notice of Indian water aggression against Pakistan, devise a national water policy and convene an All Parties Conference (APC) at the earliest to solicit recommendations from water experts, profe
Published 17 Dec, 2016 12:00am
Education first step towards social justice: social activist
Currency

Education first step towards social justice: social activist

Evacuee Trust Property Board Chairman Siddique-ul-Farooq has said that faith and country are personal but humanity is common for everyone and people must be served under this philosophy. He was addressing 9th international seminar on "Ambedkar's Philosoph
Published 17 Dec, 2016 12:00am
WHO team seeks collaboration with PHC

WHO team seeks collaboration with PHC

In a bid to explore potential areas for collaboration between the Punjab Healthcare Commission (PHC) and the World Health Organisation (WHO), a WHO team, led by Director Healthcare Delivery Regional Office Egypt Dr Muhammad Assai Ardakani, visited the PHC
Published 17 Dec, 2016 12:00am
LCCI for extending date for filing of tax return

LCCI for extending date for filing of tax return

The Lahore Chamber of Commerce and Industry has urged the Federal Board of Revenue (FBR) to extend the date for the filing of income tax return at least till December 31. LCCI President Abdul Basit in a statement on Friday said that the number of filers h
Published 17 Dec, 2016 12:00am
'PCJCCI striving to boost IT with help of Chinese bodies'

'PCJCCI striving to boost IT with help of Chinese bodies'

Pak China Joint Chamber of Commerce and Industry (PCJCCI) is striving to give boost to the information technology in collaboration with the Chinese organisations. The PCJCCI president Wang Zihai on Friday stated this while talking to a three member Chines
Published 17 Dec, 2016 12:00am
Parking Plaza: DCO for accelerating construction work

Parking Plaza: DCO for accelerating construction work

DCO Salman Ghani directed for accelerating the construction work of Parking Plaza for its early completion. He inspected the pace of construction work of Parking Plaza which is being established outside Chiniot Bazar to facilitate the citizens for the par
Published 17 Dec, 2016 12:00am
PPDWP approves uplift schemes of Rs 15.08 billion

PPDWP approves uplift schemes of Rs 15.08 billion

The Punjab Provincial Development Working Party (PPDWP) approved two development schemes of urban development and P&D sectors with an estimated cost of Rs 15086.558 million. These schemes were approved in the 39th meeting of PPDWP of current fiscal year 2
Published 17 Dec, 2016 12:00am
ACE to focus on land mafia, spurious drugs & LRMIS

ACE to focus on land mafia, spurious drugs & LRMIS

Director General Anti-Corruption Establishment Punjab Brigadier Muzaffar Ali Ranjha (Retd) has directed regional directors Anti-Corruption Punjab to focus the corruption in illegal Housing Schemes, Co-operative Housing Societies, manufacturing and sale of
Published 17 Dec, 2016 12:00am
UAF and Chinese university sign two MoUs

UAF and Chinese university sign two MoUs

The Xingjian Agriculture University (XAU) China and University of Agriculture Faisalabad (UAF) have inked two MoUs to establish Modern Agricultural Science and Technology Park at UAF and XAU, development of Pakistan-China agriculture base of research and
Published 17 Dec, 2016 12:00am
Punjab to launch anti-polio campaign from on December 19

Punjab to launch anti-polio campaign from on December 19

Punjab is hoping for a zero polio case this year, as it prepares to polio campaign of the year from December 19 to 21. The campaign will target 18.4 million under-five children. "Even though Punjab is eying 12 months without case, persistent circulation o
Published 17 Dec, 2016 12:00am
PPP senators for 'open trial' of Dr Asim

PPP senators for 'open trial' of Dr Asim

The lawmakers in Senate on Friday slammed double standards of rulers in implementation of law, saying formation of Hamoodur Rehman Commission, on the Fall of Dhaka , proved futile as it had called for 'public trial' of six military generals. They called f
Published 17 Dec, 2016 12:00am
FCCI takes step to deal with skilled workforce shortage challenge

FCCI takes step to deal with skilled workforce shortage challenge

Faisalabad Chamber of Commerce and Industry (FCCI) will make efforts to initially set up at least 10 to 15 clusters under Co-operative Vocational Training (CVT) programme in order to overcome the shortage of skilled workforce with the help of GIZ, said Ra
Published 17 Dec, 2016 12:00am
Need for slashing burden of diseases stressed

Need for slashing burden of diseases stressed

Experts called for reducing the burden of diseases particularly non-communicable diseases by raising awareness among people so that goal of good health and well-being for all is achieved. They were speaking at the launching of the Sustainable Development
Published 17 Dec, 2016 12:00am
Justice Jahan Jamali's appointment as FSC judge challenged

Justice Jahan Jamali's appointment as FSC judge challenged

Appointment of Justice Ashraf Jahan Jamali, wife of Chief Justice of Pakistan (CJP) Anwar Zaheer Jamali, as judge of the Federal Shariat Court (FSC) has been challenged before the Lahore High Court (LHC). The petitioner, advocate Javed Iqbal Jafree, state
Published 17 Dec, 2016 12:00am
Nestlé, Descon help women develop industrial skills

Nestlé, Descon help women develop industrial skills

Nestlé Pakistan and Descon Technical Institute (DTI) marked the successful completion of the first Vocational Training for women. Nestlé also announced that the eight women who had completed the training would be given jobs at the company. The 8-member ba
Published 17 Dec, 2016 12:00am
Two commodores promoted

Two commodores promoted

Two Commodores namely Muhammad Zubair Shafique and Muhammad Shafique have been promoted to the rank of Rear Admiral with immediate effect. Rear Admiral Muhammad Zubair Shafique was commissioned in Operations branch of Pakistan Navy in 1988. He has vast ex
Published 17 Dec, 2016 12:00am
PSO sponsors JhalMagsi Desert Challenge 2016 car rally

PSO sponsors JhalMagsi Desert Challenge 2016 car rally

In order to promote motor sports in the country, Pakistan State Oil is sponsoring the country's most thrilling motor sports event at JhalMagsi from December 16 to 18, 2016. The event was attended by a number of national dignitaries, local administration a
Published 17 Dec, 2016 12:00am
Students thrash teachers, security guards at PU

Students thrash teachers, security guards at PU

The students of Islami Jamiat Talaba brutally thrashed several teachers and security personnel of the Punjab University on Friday when they tried to stop the students from holding a seminar in Hostel No 1 in the memory of martyrs of Army Public School. So
Published 17 Dec, 2016 12:00am
DG PMTA directed to explain delay in payment

DG PMTA directed to explain delay in payment

The Lahore High Court on Friday summoned the Director General of Punjab Mass Transit Authority to explain delay in payment against acquisition of Miani Sahib Graveyard's land for the project of Metro Bus Service. A local commission filed its report before
Published 17 Dec, 2016 12:00am
Bankers for issuance of multi-currency CPEC sukuk
Currency

Bankers for issuance of multi-currency CPEC sukuk

Bankers have proposed issuance of multicurrency Sukuk for financing of China Pakistan Economic Corridor (CPEC) infrastructure projects. Addressing a roundtable session on "Islamic Finance Opportunities in CPEC and Beyond" conducted by IBA Centre for Excel
Published 17 Dec, 2016 12:00am
Bankers for issuance of multi-currency CPEC sukuk
Currency

Bankers for issuance of multi-currency CPEC sukuk

Bankers have proposed issuance of multicurrency Sukuk for financing of China Pakistan Economic Corridor (CPEC) infrastructure projects. Addressing a roundtable session on "Islamic Finance Opportunities in CPEC and Beyond" conducted by IBA Centre for Excel
Published 17 Dec, 2016 12:00am
PSP to step into student politics

PSP to step into student politics

Pak Sarzameen Party (PSP) has officially decided to step into student politics. In a statement released by the party on Friday, establishment of a student wing was announced. A ceremony will be held at the Pakistan House, the party headquarters, where its
Published 17 Dec, 2016 12:00am
Growth rate may soar to 5.1 percent in 2017: CEO Arif Habib

Growth rate may soar to 5.1 percent in 2017: CEO Arif Habib

Pakistan economy is expected to grow with the GDP growth rate of 5.1 percent and the benchmark KSE-100 can range between 53,000 to 55,000 points in the calendar year 2017, CEO of Arif Habib Limited said. Arif Habib Limited (AHL) held a media briefing to d
Published 17 Dec, 2016 12:00am
Growth rate may soar to 5.1 percent in 2017: CEO Arif Habib

Growth rate may soar to 5.1 percent in 2017: CEO Arif Habib

Pakistan economy is expected to grow with the GDP growth rate of 5.1 percent and the benchmark KSE-100 can range between 53,000 to 55,000 points in the calendar year 2017, CEO of Arif Habib Limited said. Arif Habib Limited (AHL) held a media briefing to d
Published 17 Dec, 2016 12:00am
PPP's anti-corruption drive aimed at hiding its own corruption: Farooq

PPP's anti-corruption drive aimed at hiding its own corruption: Farooq

Dr Farooq Sattar, chief of Muttahida Qaumi Movement Pakistan has criticized Pakistan People's Party on Friday by alleging the political party of mere empty rhetoric against corruption. While talking to the media Dr Sattar said that PPP's anti-corruption m
Published 17 Dec, 2016 12:00am
1,000 new buses to be piled in Karachi: minister

1,000 new buses to be piled in Karachi: minister

As many as 1,000 new buses would be piled in Karachi under the modern transport system. This was decided by the Sindh Transport Minister, Syed Nasir Hussain Shah. He was presiding over a review meeting with regard to modern transport system in Karachi, he
Published 17 Dec, 2016 12:00am
Pakistan beats India to win ACG Chairmanship again

Pakistan beats India to win ACG Chairmanship again

Muhammad Hanif Jakhura, CEO, Central Depository Company of Pakistan Limited has been re-elected as the Chairman of Executive Committee of Asia Pacific Central Securities Depository Group (ACG) after defeating Nageswara Rao, MD, National Securities Deposit
Published 17 Dec, 2016 12:00am
Pakistan beats India to win ACG Chairmanship again

Pakistan beats India to win ACG Chairmanship again

Muhammad Hanif Jakhura, CEO, Central Depository Company of Pakistan Limited has been re-elected as the Chairman of Executive Committee of Asia Pacific Central Securities Depository Group (ACG) after defeating Nageswara Rao, MD, National Securities Deposit
Published 17 Dec, 2016 12:00am
Textile sector criticises government's move on gas prices, seek package

Textile sector criticises government's move on gas prices, seek package

Textile industry on Friday criticized the federal government's decision of taking back 33 percent cut in gas prices and called for early announcement of textile package to support the industry. The industrialists have urged the government to ensure that a
Published 17 Dec, 2016 12:00am
Lucky humpback whale released in Arabian Sea

Lucky humpback whale released in Arabian Sea

The rarest fish species "humpback whale" has found a maiden release into sea after getting trapped in a gillnet in Ghora Bari area some 140 kilometers south of Karachi shoreline early this week, the WWF-Pakistan said on Friday. The lucky whale that is of
Published 17 Dec, 2016 12:00am
Sharmeen vows to tell untold stories

Sharmeen vows to tell untold stories

Pakistan's double-Oscar winner Sharmeen Obaid Chinoy has hailed new legislation outlawing the crime of "honour killings" as a turning point in the long-battle on violence against women, as she sets her sights on conquering her country's silver screen.
Published 17 Dec, 2016 12:00am
US MIDDAY: gold climbs above February lows
Currency

US MIDDAY: gold climbs above February lows

Gold rose on Friday, climbing above the prior session's 10-1/2 month low, as the dollar and US stocks dipped at the end of a volatile week highlighted by the Federal Reserve's signal that there could be more rate hikes than previously expected in 2017.
Published 17 Dec, 2016 12:00am
US MIDDAY: soya futures up

US MIDDAY: soya futures up

US soyabean futures firmed on Friday, supported by a fresh export deal that highlighted the robust overseas demand for the oilseed as well as lingering concerns about dry conditions in Argentina, traders said. Wheat and corn futures slipped on pressure fr
Published 17 Dec, 2016 12:00am
Oil rises on Goldman forecast, signs producers complying with cuts

Oil rises on Goldman forecast, signs producers complying with cuts

Oil rose on Friday, edging closer to new 17-month highs, after Goldman Sachs boosted its price forecast for 2017 and producers showed signs of adhering to a global deal to reduce output. Brent futures rose $1.19, or 2.2 percent, to settle at $55.21 a barr
Published 17 Dec, 2016 12:00am
China coal imports hit highest in 18 months

China coal imports hit highest in 18 months

China, the world's largest coal buyer, imported its largest volume of the commodity in 18 months in November, customs data showed on Thursday, with utilities replenishing stocks to cope with higher winter demand. November imports of 26.97 million tonnes w
Published 17 Dec, 2016 12:00am
Gold steadies in Europe, heading for sixth weekly drop
Currency

Gold steadies in Europe, heading for sixth weekly drop

Gold steadied on Friday but held near a 10-1/2 month low due to the higher dollar after the US Federal Reserve this week signalled rates could be raised three times next year - one more than forecast at its September meeting. Spot gold was up 0.3 percent
Published 17 Dec, 2016 12:00am
Gold rises in Asia

Gold rises in Asia

Gold rose on Friday but remained near its weakest level in 10-1/2 months as an interest rate increase by the US Federal Reserve and hints of further hikes in 2017 dampened the safe- haven appeal of the metal. Spot gold was up 0.5 percent at $1,134.18 an o
Published 17 Dec, 2016 12:00am
Gold slides in New York
Currency

Gold slides in New York

Gold fell more than 1 percent to a 10-1/2-month low on Thursday after the Federal Reserve sounded an unexpectedly hawkish note on US interest rates, sparking a surge in Treasury yields and sending the dollar to a 14-year high. Lifting the federal funds ra
Published 17 Dec, 2016 12:00am
Sugar resumes downtrend after one-day surge, cocoa turns up

Sugar resumes downtrend after one-day surge, cocoa turns up

Raw sugar futures on ICE neared a 6-1/2-month low on Friday, resuming their downtrend after a one-day rally as chart-based signals remained weak and expectations of a surplus weighed on prices. New York cocoa prices turned higher, along with the British p
Published 17 Dec, 2016 12:00am
Malaysian palm oil falls from 4-1/2-year high
Currency

Malaysian palm oil falls from 4-1/2-year high

Malaysian palm oil futures fell from a four and a half year high in late trade on Friday, as it came under profit-taking pressure and corrected on softer rival oils on China's Dalian Commodity Exchange. Benchmark palm oil futures for March delivery on the
Published 17 Dec, 2016 12:00am
Rubber rises
Currency

Rubber rises

Benchmark Tokyo rubber futures pared gains on profit-taking by close on Friday, after hitting a 3-1/2 year high earlier as the Japanese currency yen fell to its lowest since February. The Tokyo Commodity Exchange rubber contract for May delivery finished
Published 17 Dec, 2016 12:00am
Copper retreats as inventories rise, demand softens

Copper retreats as inventories rise, demand softens

Copper prices fell on Friday after two days of gains as rising stocks in London Metal Exchange warehouses and signs of softer demand from China dragged the metal further away last month's 17-month peak. The metal got little support from a rally in Europea
Published 17 Dec, 2016 12:00am
Shanghai copper down

Shanghai copper down

The most-traded copper contract on the Shanghai Futures Exchange was 0.47 percent lower at 46,460 yuan ($6,688) a tonne on Friday. Traders said there had been expectations that copper would maintain Thursday's modest 0.2-percent gain after a key US housin
Published 17 Dec, 2016 12:00am
Cotton inches up as strong US exports offset soaring dollar
Cotton

Cotton inches up as strong US exports offset soaring dollar

ICE cotton futures edged higher for the third time in four sessions on Thursday, supported by strong US exports sales data amid a surging dollar. "Cotton has held up relatively well considering the selloff in some commodities following the US Federal Rese
Published 17 Dec, 2016 12:00am
Trains halted for third day in UK rail strike

Trains halted for third day in UK rail strike

Trains on key commuter routes in southern England were cancelled for a third day Friday due to a bitter dispute affecting hundreds of thousands of passengers. Talks aimed at averting the latest walkout by drivers broke down Thursday between Southern Rail,
Published 17 Dec, 2016 12:00am
UN divided over US measure on South Sudan

UN divided over US measure on South Sudan

The UN Security Council on Thursday decided to extend for one day the mandate of the peacekeeping mission in South Sudan to allow more time for negotiations on a new measure to bolster its mandate. Talks on a US-drafted text have been bogged down for near
Published 17 Dec, 2016 12:00am
Greece gives five-year term to Syrian for son's beating

Greece gives five-year term to Syrian for son's beating

A Syrian asylum-seeker who brutally beat his three-year-old son in an incident that shocked Greece has been handed a five-year prison term, the Greek news agency ANA said on Friday. The 31-year-old was arrested on Tuesday after video footage, showing him
Published 17 Dec, 2016 12:00am
China aircraft carrier group conducts first live-fire drills

China aircraft carrier group conducts first live-fire drills

China's Liaoning aircraft carrier battle group has conducted its first exercises with live ammunition, the country's navy said, in a show of strength as tensions with the US and Taiwan escalate. China's first and only aircraft carrier led large-scale exer
Published 17 Dec, 2016 12:00am
Dutch government approves draft law to ratify Ukraine pact

Dutch government approves draft law to ratify Ukraine pact

The Dutch government on Friday approved a draft law needed to ratify the EU's historic pact with Ukraine after reaching a compromise with Brussels following a referendum in which Dutch voters rejected the deal. "The Dutch cabinet... finds it is necessary
Published 17 Dec, 2016 12:00am