News Archives for Latest - 2016-12-27

Commodities

Soymeal up on South American weather woes

ROTTERDAM: Soymeal on the European meals and feeds market was offered higher on Tuesday following strength in CBOT soymeal futures on the back of concerns over weather in South American soybean growing areas.

Published 27 Dec, 2016 09:04pm

Commodities

Wheat, corn to 1-wk highs on bargain buying, soy also firm

CHICAGO: US wheat and corn futures climbed to one-week highs on Tuesday and soybeans also firmed on bargain-buying and short-covering after last week's declines, analysts said.

Published 27 Dec, 2016 09:02pm

Financial

Dollar gains against yen in thin trading after US data

NEW YORK: The US dollar rose against the yen on Tuesday on stronger-than-expected US economic data and expectations for a hawkish Federal Reserve, but remained below a recent 10-month high in thin holiday trading.

Published 27 Dec, 2016 08:58pm

Commodities

Gold rises to 2-week high in light trade after holiday

NEW YORK: Gold prices rose on Tuesday to a near two-week high on weak Japanese inflation data, but trading was thin with traders in the United States returning after the long Christmas weekend and London markets still closed.

Published 27 Dec, 2016 08:57pm

Commodities

ICE cotton inches down in subdued trading

ICE cotton futures edged lower for the second straight session on Tuesday in limited holiday trading, amid a steady dollar.

Published 27 Dec, 2016 08:55pm

Europe

Erdogan accuses West of backing IS, breaking promises in Syria

ANKARA: Turkish President Recep Tayyip Erdogan on Tuesday said the West was breaking promises in Syria, accusing Ankara's partners of backing "terror groups" including IS jihadists in the country.

Published 27 Dec, 2016 08:49pm

Football

Struggling Swansea sack coach Bradley

SWANSEA: Premier League strugglers Swansea City dismissed coach Bob Bradley on Tuesday after just 11 games in charge, the club announced on its website.

Published 27 Dec, 2016 08:47pm

Football

English Premier League leading scorers

LONDRES: Leading English Premier League scorers after Tuesday's match:13 goals: Costa (Chelsea)12 goals: Ibrahimovic

Published 27 Dec, 2016 08:45pm

Middle East

Egypt sets up govt-picked council to oversee media

CAIRO: Egyptian President Abdel Fattah al-Sisi has approved a law to set up a council headed by his appointees that oversees the media and ensures compliance with "national security" requirements.

Published 27 Dec, 2016 08:43pm

General News

Marvi hails Asif, Bilawal's decision to join Parliament

ISLAMABAD: Minister of State, Chairperson Benazir Income Support Programme (BISP) Marvi Memon Tuesday said the decision of former president, PPP co-chairman Asif Ali Zardari and chairman Bilawal Bhutto Zardari to join the Parliament was excellent.

Published 27 Dec, 2016 08:13pm

General News

SC forms local commission to check standard of milk, mineral water

LAHORE: The Supreme Court on Tuesday forming a local commission to check the standard of milk and mineral water producing companies, sought a detailed report.

Published 27 Dec, 2016 08:12pm

General News

Marriyum pays tribute to BB for her struggle for democracy

ISLAMABAD: State Minister for Information, Broadcasting and National Heritage Marriyum Aurangzeb on Tuesday paid tribute to martyred chairperson of Pakistan Peoples Party (PPP) Benazir Bhutto for laying down her life in a struggle for restoration of democ

Published 27 Dec, 2016 08:11pm

General News

CM reviews Turkish Healthcare System for Punjab

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif presided over a meeting which was also attended by the senior officials of Turk Health Ministry.

Published 27 Dec, 2016 07:52pm

Commodities

European vegoils-Palm oil up with futures on export optimism

ROTTERDAM: Palm oil on the European vegetable oils market was mostly firmer on Tuesday, the first trading day following the Christmas break, as Malaysian palm oil futures rose on optimism over exports and due to strength in rival soyoil.

Published 27 Dec, 2016 06:21pm

Europe

Russia's foreign minister discussed Syria peace plan with US Kerry

MOSCOW: Russian Foreign Minister Sergei Lavrov discussed a peace plan for Syria with US Secretary of State John Kerry in a telephone call on Wednesday, Russia's foreign ministry said in statement.

Published 27 Dec, 2016 06:20pm

Commodities

European feeds-Soymeal up on South American weather woes

ROTTERDAM: Soymeal on the European meals and feeds market was offered higher on Tuesday following strength in CBOT soymeal futures on the back of concerns over weather in South American soybean growing areas.

Published 27 Dec, 2016 06:18pm

Energy

Mexico gasoline prices to rise as much as 20.1pc in Jan

MEXICO CITY: Mexican gasoline prices will rise by as much as 20.

Published 27 Dec, 2016 06:17pm

World

US housing prices sustain growth in October

WASHINGTON: Housing prices posted modest growth in most parts of the United States in October, according to industry figures released Tuesday.

Published 27 Dec, 2016 06:01pm

Financial

Dow drifts near 20,000 ahead of consumer data

NEW YORK: The Dow rose closer to 20,000 points early Tuesday in a subdued post-holiday session ahead of key consumer confidence data.

Published 27 Dec, 2016 06:00pm

Football

Football: Aubameyang heads Cup hosts Gabon squad

LIBREVILLE: Borussia Dortmund star Pierre-Emerick Aubameyang and Juventus midfielder Mario Lemina head Gabon's Africa Cup of Nations squad unveiled Tuesday by the hosts' manager Jose Antonio Camacho.

Published 27 Dec, 2016 05:59pm

Life & Style

Amazon sold 'millions' of Alexa speakers for holiday

WASHINGTON: Amazon said Tuesday its connected Echo speakers infused with artificial intelligence were the top-selling products over the holiday season for the online giant.

Published 27 Dec, 2016 05:58pm

Financial

Dow flirts with 20,000 points on calm markets

PARIS: The Dow flirted with 20,000 points once again on Tuesday, while a plunge in the share price of Toshiba caused ripples in otherwise placid trading.

Published 27 Dec, 2016 05:56pm

World

US consumer confidence at highest since 2001

WASHINGTON: US consumer confidence posted sharp gains in December, hitting its highest level in 15 years, according to survey data released Tuesday.

Published 27 Dec, 2016 05:54pm

Football

Football: Simeone to stay at Atletico next season

MADRID: Argentine coach Diego Simeone will remain at Atletico Madrid next season, the club's chief executive officer Miguel Angel Gil Marin said Tuesday.

Published 27 Dec, 2016 05:53pm

World

Former Argentine leader Kirchner charged in corruption case

BUENOS AIRES: Argentina's former president Cristina Kirchner was charged by an investigating judge Tuesday in connection with corruption allegations and had a freeze of $630 million slapped on her assets.

Published 27 Dec, 2016 05:53pm

Financial

Sri Lankan shares hit more than 8 month closing low; turnover slumps

COLOMBO: Sri Lankan shares closed at their weakest in more than eight months in typical year-end holiday-thinned trading on Tuesday, with turnover slumping to a near 33-month low as investors stayed away.

Published 27 Dec, 2016 02:29pm

Commodities

Soybean futures firm after weekly loss; Argentine rains miss key area

SINGAPORE/PARIS: Chicago soybean futures rose on Tuesday after suffering deep losses last week, with the market underpinned by concerns over poor rainfall affecting Argentina's key crop areas.

Published 27 Dec, 2016 02:25pm

Financial

Sri Lankan rupee ends steady after early fall

COLOMBO: The Sri Lankan rupee ended steady on Tuesday after earlier falling on thin importer dollar demand, dealers said, even as the market looked for cues after the central bank said currency depreciation was not necessarily negative for the economy.

Published 27 Dec, 2016 02:19pm

Industry

Toshiba flags hit of 'billions of dollars' on US nuclear acquisition

TOKYO: Toshiba Corp said it may have to book several billion dollars in charges related to a US nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about its accounting acumen.

Published 27 Dec, 2016 02:12pm

Industry

Volkswagen recalls 4,481 cars in Russia - standards watchdog

MOSCOW: Russian standards agency Rosstandart said on Tuesday it had been informed about a voluntary recall by Volkswagen of 4,481 Caddy, Golf and Jetta cars which had a possible fault.

Published 27 Dec, 2016 02:07pm

Europe

Putin says new gas pipeline will boost annexed Crimea's economy

MOSCOW: Russia on Tuesday activated a pipeline carrying Russian gas to Crimea with President Vladimir Putin hailing it as a step that would power economic growth on a peninsula Moscow annexed from Ukraine in 2014.

Published 27 Dec, 2016 02:06pm

Financial

Dollar gains, sterling slides after Christmas

LONDON: The dollar inched higher against the yen and a handful of other major currencies in holiday-thinned trade on Tuesday, with sterling by far the biggest faller as concerns over next year's Brexit negotiations continued to weigh heavily.

Published 27 Dec, 2016 02:03pm

Financial

GLOBAL MARKETS-Stocks inch higher in holiday lull

LONDON: Share prices inched higher on Tuesday as trading in some of the world's major financial markets resumed after a Christmas break, with oil and the dollar also rising marginally.

Published 27 Dec, 2016 02:02pm

World

Brazil state-run banks under no pressure to cut rates: Banco do Brasil

BRASILIA: The Brazilian government has not pressured state-run banks to free up credit and reduce their spread, but interest rates are likely to fall as the central bank's benchmark Selic rate continues to drop, state-controlled Banco do Brasil Chief

Published 27 Dec, 2016 02:00pm

World

Spain's public deficit, minus town halls, 2.68pc to October

MADRID: Spain's public deficit, including the central government, regions and social security but excluding town halls, was 2.

Published 27 Dec, 2016 01:56pm

Energy

Oil edges further above $55 ahead of supply cut deal

LONDON: Oil edged further above $55 a barrel on Tuesday, drawing support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday.

Published 27 Dec, 2016 01:53pm

Asia

North Korea plans nuclear push in 2017: top defector

SEOUL: North Korean leader Kim Jong-Un is planning a "prime time" nuclear weapons push in 2017 to take advantage of leadership transitions in South Korea and the United States, a high-ranking defector said Tuesday.

Published 27 Dec, 2016 01:50pm

Cricket

Azhar among the best in Pakistan: Wahab Riaz

The Boxing Day Test match has been a fascinating affair, as both Pakistan and Australia are leaving no stone untouched in the topsy-turvy contest.

Published 27 Dec, 2016 01:48pm

Financial

Toshiba and Italian banks ripple calm markets

LONDON: A plunge in the share price of Toshiba over a possible write-down and the bailout of one of Italy's top banks were the biggest ripples in otherwise placid trading Tuesday.

Published 27 Dec, 2016 01:44pm

Middle East

Israel may push for more settler homes after UN vote

JERUSALEM: Israel could advance plans this week for thousands more settlement homes in annexed east Jerusalem despite a landmark UN resolution demanding an end to such activity, an official said Tuesday.

Published 27 Dec, 2016 01:35pm

World Top News

Abe's Pearl Harbor pilgrimage underlines US-Japan tie

HONOLULU: Japanese Prime Minister Shinzo Abe travels Tuesday to Hawaii's Pearl Harbor, the site of a sneak attack by his country that provoked America into entering World War II, to reinforce what the leader calls "the power of reconciliation.

Published 27 Dec, 2016 01:32pm

General News

CPEC to usher new era of development in KP: Marvi Memon

BUNER: Minister of State and Chairperson Benazir Income Support Program (BISP) on Tuesday asserted the Khyber Pakhtunkhwa (KP) province would be benefitted from China Pakistan Economic Corridor (CPEC) alike other provinces of the country.

Published 27 Dec, 2016 01:28pm

Pakistan Top News

Bright, prosperous future awaits Balochistan: President

QUETTA: President Mamnoon Hussain on Tuesday said tough days for Balochistan were over now and a bright future awaited for the province and its people.

Published 27 Dec, 2016 01:26pm

General News

Benazir laid down her life to save democracy

KARACHI: Sindh Minister for Planning and Development, Mir Hazar Khan Bijarani has said that December 27 will always be remembered in the history of world, as on this day a woman (Shaheed Mohtarma Benazir Bhutto) laid down her life to protect the democracy

Published 27 Dec, 2016 01:25pm

Front Top News

Zardari, Bilawal to contest for parliament seats

LARKANA: Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari on Tuesday finally made his big announcement, revealing that he and his son Chairman PPP Bilawal Bhutto Zardari will take part in election to sit in the current Parliament.

Published 27 Dec, 2016 12:50pm

Cricket

How umpire blunder cost Azhar's century

Pakistan opener Azhar Ali went on to record his 12th Test century against the Aussies at the MCG, this was Azhars first ton in Australia and the third overall against the hosts.

Published 27 Dec, 2016 11:46am

Featured Photos

Tuesday Tangents : Milky Way & Earth by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 11:25am

Featured Photos

Tuesday Tangents : Horses by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 11:23am

Featured Photos

Tuesday Tangents : Stranded Ounta by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 11:21am

General News

PIA wrongly boards PPP leader on Multan flight

KARACHI: Pakistan Peoples Party (PPP) leader, former ambassador and Senator Sherry Rehman and other PPP leaders almost missed the 9th death anniversary of Late Mohtarma Benazir Bhutto when PIA boarded them on a flight for Multan instead of Sukkur on Tuesd

Published 27 Dec, 2016 11:21am

Featured Photos

Tuesday Tangents : Patagonia Dreaming by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 11:16am

Life & Style

Arshad Khan's intimate photoshoot with Muskan Jay becomes point of talking

Blue-eyed chai-wala Arshad Khan has become quite a celebrity in a very short span of time.

Published 27 Dec, 2016 11:14am

Featured Photos

Tuesday Tangents : Swirl Torres by

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 11:11am

Financial

Stocks inch higher in holiday lull

LONDON: European and Asian share prices inched higher on Tuesday as trading in some of the world's major financial markets resumed after a Christmas break, with oil and the dollar also rising marginally.

Published 27 Dec, 2016 11:07am

Europe

Main black box of crashed Russian plane found in Black Sea

SOCHI: The main black box of the Syria-bound Russian military plane that crashed into the Black Sea with 92 people onboard has been found in a massive ongoing search operation, authorities said Tuesday.

Published 27 Dec, 2016 10:59am

Cricket

Azhar's ton for Pakistan amid rain in Australia Test

MELBOURNE: Opening batsman Azhar Ali led the way as Pakistan consolidated their first innings on a rain-hit second day of the second Test against Australia in Melbourne on Tuesday.

Published 27 Dec, 2016 10:58am

Pakistan

Interior Minister briefs PM on internal security

ISLAMABAD: Minister for Interior Chaudhry Nisar Ali Khan, Tuesday briefed Prime Minister Muhammad Nawaz Sharif on internal security.

Published 27 Dec, 2016 10:54am

Markets

Market rates of bullion in Multan

MULTAN: Following bullion rates were received from markets here on Tuesday,2016:%DULLION (PER 10 GRAM)%D%A=====================%D%AGOLD TEZABI-24 CT---- 42180.

Published 27 Dec, 2016 10:52am

Pakistan Top News

RECORDER REPORT: PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Tuesday having 46920.

Published 27 Dec, 2016 10:51am

Featured Photos

Tuesday Tangents : Flow by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 10:46am

Featured Photos

Tuesday Tangents : Laguna Grey by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 10:42am

Life & Style

Heres why Salman Khan's fans threaten Twinkle Khanna

Actress-turned-writer Twinkle Khanna has received flak on social media for insulting Bollywood superstar Salman Khan in her latest column.

Published 27 Dec, 2016 10:32am

Featured Photos

Tuesday Tangents : Kirjufell by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 10:30am

Featured Photos

Tuesday Tangents : Spires by Andy Lee

Photo Credit : Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.

Published 27 Dec, 2016 10:26am

Cricket

Shahid Afridi enjoys village life

Pakistan all rounder Shahid Afridi, has been out of Pakistan cricket for quite some time, the all rounder has been enjoying a quite life in a village at Kohat.

Published 27 Dec, 2016 09:31am

Front Top News

Zardari likely to announce anti government movement

LARKANA: Garhi Khuda Bukhsh has become a hub of provincial politics, after former Pakistan President and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari is set to make his first major appearance on Tuesday alongside the party chairman Bilawal Bh

Published 27 Dec, 2016 08:44am

Cricket

Cricket world celebrates Azhar's MCG majestic

Pakistan didnt have the best of the start in their second Test match at the MCG, losing four wickets and managing to score just 144 runs on the first day.

Published 27 Dec, 2016 08:25am

Life & Style

Britney Spears death hoax goes viral

Britney Spears' fans got a shock of their life yesterday when Sony Music revealed that the Pop music icon has accidently died.

Published 27 Dec, 2016 08:23am

Life & Style

Inside pictures of Salman Khan's 51st birthday bash

Bollywood superstar Salman Khan rings in 51st birthday in sheer funk and style.

Published 27 Dec, 2016 07:52am

Front Top News

Names on ECL: Bigwigs of insurance companies required to inform SECP about status

SOHAIL SARFRAZ%D%AISLAMABAD: The existing and proposed directors/CEOs/ principal officers of the insurance companies would be required to inform Securities and Exchange Commission of Pakistan (SECP) about placement/non-placement of their names on the exit

Published 27 Dec, 2016 07:44am

World Top News

RECORDER REPORT: PSX mid day update

KARACHI: On Tuesday, until mid day, KSE-100 Index was at 46803.

Published 27 Dec, 2016 07:20am

Front Top News

Nepra to approve Rs 3.60 per unit refund of Discos

MUSHTAQ GHUMMAN%D%AISLAMABAD: National Electric Power Regulatory Authority (Nepra) is all set to approve Rs 3.

Published 27 Dec, 2016 07:20am

Front Top News

9th death anniversary of Shaheed Benazir today

RECORDER REPORT%D%AGARHI KHUDA BAKHSH: The 9th death anniversary of former Prime Minister Shaheed Benazir Bhutto is being observed today(Tuesday).

Published 27 Dec, 2016 07:14am

Energy

Oil steady in quiet holiday season trade; supply cut deal to kick in Jan 1

TOKYO: Oil prices were little changed on Tuesday in light pre-New Year holiday trading with markets adopting a wait-and-see stance less than a week before the first output cut deal agreed between OPEC and non-OPEC members in 15 years is scheduled to kick

Published 27 Dec, 2016 06:41am

Financial

Won hits 9-1/2 month low; rise in US bond yields dents Asia FX

SINGAPORE: The South Korean won touched a nine-and-a-half-month low against the dollar on Tuesday, with most Asian currencies retreating as a rise in US bond yields helped bolster the greenback.

Published 27 Dec, 2016 06:32am

Commodities

Palm soars 2pc on better exports, stronger soy

KUALA LUMPUR: Malaysian palm oil gained 2.

Published 27 Dec, 2016 06:31am

Financial

Dollar edges up on bargain hunting after sagging over the holidays

TOKYO: The dollar inched up against the yen and euro on Tuesday as some investors emerged out of the holiday lull to hunt for bargains as the market entered the last trading stretch of the year.

Published 27 Dec, 2016 06:29am

Cricket

Azhar century as Pakistan build total in Australia Test

MELBOURNE: Azhar Ali led a stubborn Pakistan response with a century on the second day of the second Test against Australia at the Melbourne Cricket Ground on Tuesday.

Published 27 Dec, 2016 06:17am

Financial

Tokyo shares up at break

TOKYO: Tokyo stocks ended Tuesday morning in positive territory, supported by dip-buying of selected shares, as global investors gradually return to the market after the holiday break.

Published 27 Dec, 2016 06:04am

Asia

Indian passenger plane skids off runway, injuring 15

NEW DELHI: An Indian plane carrying 161 passengers and crew skidded off the runway at Goa airport early Tuesday, injuring 15 people.

Published 27 Dec, 2016 06:02am

Front Top News

Toxic liquor kills 21 in Toba Tek Singh: police

ISLAMABAD: Twenty-one people, mostly Christians, were killed and dozens more affected after consuming toxic liquor on Christmas Eve in central Pakistan, police said Tuesday.

Published 27 Dec, 2016 06:01am

Cricket

Australia's Big Bash allow Russell to use black bat

MELBOURNE: West Indian Andre Russell will be allowed to use a black bat in Australia's T20 Big Bash League after making modifications, Cricket Australia said Tuesday.

Published 27 Dec, 2016 05:53am