News Archives for Latest - 2017-01-10

Miscellaneous

Innovation and productivity: thinking beyond costs

Thanks to low labour costs, Pakistan is one of the most price competitive T-shirt producers of the South Asian region; yet the country has been facing low export growth for many years.

Updated 17 Apr, 2019 06:55am

Industry

Honda to invest more than $370mn in Canada plant

MONTREAL: Honda will invest Can$492 ($372 million) in its Alliston factory north of Toronto, with financial support from the federal government and province of Ontario, Economic Development Minister Navdeep Bains said on Monday.

Updated 08 May, 2018 02:17pm

Business & Economy

FBR seeks sales tax proposals for upcoming budget

ISLAMABAD: The Federal Board of Revenue (FBR) has invited pro-revenue proposals relating to Sales Tax and Federal Excise for the upcoming budget for the Fiscal Year 2017-18.

Updated 25 May, 2017 10:24am

Pakistan Top News

Building collapse: Two killed, 4 shifted to hospital

MULTAN: The death toll rose to two after another body was recovered from rubble of a building that collapsed at Bosan road near Chungi No 6, here on Tuesday.

Published 10 Jan, 2017 08:31pm

General News

Mamnoon lauds Shehbaz's steps for Punjab's development

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif called on President Mamnoon Hussain here on Tuesday.

Published 10 Jan, 2017 08:28pm

General News

Muzaffargarh hospital's name to remain Recep Tayyip Erdogan Hospital: CM

LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif on Tuesday said that the name of hospital being constructed at Muzaffargarh would not be changed from Recep Tayyip Erdogan Hospital.

Published 10 Jan, 2017 08:28pm

Financial

European stocks edge up as London hits fresh high

LONDON: European stock markets rose Tuesday, with London hitting yet another record high on the weak pound, while oil prices fell further after sharp falls the previous session.

Published 10 Jan, 2017 08:27pm

North America

Trump campaign not hacked by Russians: FBI

WASHINGTON: Russian hackers did not break into the computers of Donald Trump's presidential campaign or active accounts of the Republican National Committee, FBI chief James Comey said Tuesday.

Published 10 Jan, 2017 08:26pm

General News

PM increased AJK development funds to Rs 21bn: Barjees

ISLAMABAD: Minister for Kashmir Affairs and Gilgit-Baltistan Chaudhry Barjees Tahir Tuesday said Prime Minister Muhammad Nawaz Sharif had approved increase in development funds of Azad Jammu and Kashmir (AJK) from Rs 11 billion to Rs 21 billion.

Published 10 Jan, 2017 08:25pm

General News

PTI holds no evidence on Panama Papers: Tariq

ISLAMABAD: Minister of State for Capital Administration and Development Division (CADD) Dr Tariq Fazal Chaudhry said on Tuesday that Pakistan Tehreek-i-Insaf (PTI) had not a single evidence to prove its allegations in the Panama Papers case.

Published 10 Jan, 2017 08:24pm

General News

CTDs set up to eliminate terrorism: Musadik

ISLAMABAD: Spokesman to the Prime Minister Dr Musadik Malik said on Tuesday that Counter Terrorism Departments (CTDs) were established to eliminate the menace of terrorism from the country.

Published 10 Jan, 2017 08:23pm

General News

Pakistan condemns terrorist attacks in Kabul, Kandahar

ISLAMABAD: Pakistan has strongly condemned terrorist attacks near the parliament building in Kabul and Kandahar on Tuesday that resulted in loss of precious lives.

Published 10 Jan, 2017 08:23pm

Front Top News

CM lays foundation stone of extension project of Tayyip Erdogan Hospital

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif on Tuesday laid the foundation stone of extension project of Recep Tayyip Erdogan Government of the Punjab Hospital Muzaffargarh and also inaugurated family medicine clinic of the hospital.

Published 10 Jan, 2017 08:21pm

Middle East

UAE to invest $163 bn to diversify energy

DUBAI: The United Arab Emirates announced Tuesday plans to invest 600 billion dirhams ($163 billion) in projects to generate almost half the country's power needs from renewables.

Published 10 Jan, 2017 08:07pm

World Top News

At least nine dead in Kandahar blast during UAE envoy's visit

KANDAHAR: At least nine people were killed in an explosion in the governor's compound in Afghanistan's southern Kandahar province Tuesday during a visit by the UAE ambassador, local media reported.

Published 10 Jan, 2017 08:06pm

Europe

UK asks regulators to assess Chinese nuclear reactor

LONDON: Britain on Tuesday asked regulators to begin an assessment of a Chinese-designed nuclear reactor for a proposed plant in Bradwell, southeastern England.

Published 10 Jan, 2017 08:02pm

Middle East

Lebanon seeks cooperation with Saudi: president

RIYADH: Lebanon seeks cooperation with Saudi Arabia, the country's Hezbollah-backed President Michel Aoun told Saudi television on Tuesday, after a tense year in relations between the two countries.

Published 10 Jan, 2017 07:47pm

General News

Govt taking steps for enhancing literary activities: Irfan

ISLAMABAD: Advisor to the Prime Minister on National History and Literary Heritage Irfan Siddiqui said on Tuesday that the government was taking steps for enhancing literary activities in the country.

Published 10 Jan, 2017 07:43pm

General News

Indo-Pak Peace Calendar for promoting ties between Pak-India

PESHAWAR: Speakers at a launching of Indo-Pak Peace calendar here Tuesday stressed on promoting a lasting relationship between Pakistan and India.

Published 10 Jan, 2017 07:41pm

North America

New UN chief calls for 'whole new approach' to prevent war

UNITED NATIONS: New UN Secretary-General Antonio Guterres on Tuesday called for a "whole new approach" to prevent war, in his first address to the Security Council since taking office.

Published 10 Jan, 2017 07:33pm

General News

SC seeks report on budgetary allocations for slums

ISLAMABAD: The Supreme Court on Tuesday directed the federal and provincial government to submit details about budgetary allocations for the inhabitants of Katchi Abadis (slums) and low-cost areas.

Published 10 Jan, 2017 07:31pm

Football

More nations can 'dream' of making World Cup - Infantino

ZURICH: FIFA's decision Tuesday to expand the World Cup to 48 teams in 2026 will allow more countries to "dream" of qualifying for the globe's top sporting event, FIFA president Gianni Infantino said.

Published 10 Jan, 2017 07:30pm

General News

CM Punjab lays foundation stone of 250-bed hospital

MUZAFFARGARH: Punjab Chief Minister Muhammad Shehbaz Sharif Tuesday laid foundation stone of another 250 beds at Recep Tayyip Erdogan Hospital.

Published 10 Jan, 2017 07:30pm

General News

Reforms afoot to make KP police autonomous: CM

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Pervez Khattak said police had been depoliticized and converted into an independent, autonomous force by introducing drastic reforms in police force.

Published 10 Jan, 2017 07:29pm

Commodities

Soybeans rise on S. American crop questions; wheat, corn ease

CHICAGO: Chicago Board of Trade soybean futures firmed on Tuesday, recovering from weakness in overnight trading on technical buying amid lingering concerns about weather in key South American growing regions.

Published 10 Jan, 2017 05:08pm

Financial

Stocks gain on commodities rise, China; dollar falls

NEW YORK: Stocks rose worldwide on Tuesday supported by a rally in commodities such as copper and precious metals, while the US dollar fell on investor caution ahead of a news conference by US President-elect Donald Trump on Wednesday.

Published 10 Jan, 2017 05:05pm

Pakistan Top News

Pakistan has glorious future: Mamnoon

LAHORE: President Mamnoon Hussain Tuesday said that Pakistan's future was bright and country's economy had improved due to pragmatic policies of the government.

Published 10 Jan, 2017 04:03pm

Pakistan Top News

SBR to bring insurances services to its net: CM Sindh

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed Sindh Board of Revenue (SBR) to take necessary measures to bring in the services of insurances in sales tax net.

Published 10 Jan, 2017 04:02pm

Front Top News

Sartaj terms Rafsanjani sincere friend of Pakistan

ISLAMABAD: Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz Tuesday said former Iranian President Ayatollah Ali Akbar Hashemi Rafsanjani was a sincere friend of Pakistan.

Published 10 Jan, 2017 04:01pm

Financial

C$ strengthens as oil rises, housing starts jump

TORONTO: The Canadian dollar edged higher against its US counterpart on Tuesday as oil rose and stronger-than-expected domestic housing starts suggested the country's long housing boom may not yet be over.

Published 10 Jan, 2017 03:45pm

Middle East

Islamic State fights losing battle in eastern Mosul

MOSUL: The leaflet dropped from the skies over Mosul urged Islamic State militants to give themselves up.

Published 10 Jan, 2017 03:44pm

Financial

TSX rises, led by the materials group and Valeant

TORONTO: Canada's main stock index rose on Tuesday, helped by gains for the materials group and a jump in the shares of Valeant Pharmaceuticals International as the drugmaker sells assets.

Published 10 Jan, 2017 03:43pm

World Top News

US senators seek Russia sanctions over hacking, Ukraine, Syria

WASHINGTON: Senior US Republican and Democratic senators will introduce legislation on Tuesday seeking to impose a wide range of sanctions on Russia over its cyber activities and actions in Syria and Ukraine.

Published 10 Jan, 2017 03:43pm

Europe

Eight dead as subzero cold, heavy snow grip Balkans region

BELGRADE/SARAJEVO: At least eight people have died as subzero cold and heavy snow enveloped the Balkans, with tens of thousands stranded in remote regions or left without heating in temperatures that dipped as low as -20 degrees Celsius.

Published 10 Jan, 2017 03:41pm

Financial

MIDEAST STOCKS-Egypt rises but foreign funds sell; oil pulls down Saudi

DUBAI: Egypt's stock market rose strongly on Tuesday but foreign funds were net sellers for a second time since the Egyptian pound was floated on Nov.

Published 10 Jan, 2017 03:41pm

Energy

Oil steady after recent fall as weaker dollar boosts prices

LONDON: Oil prices steadied on Tuesday after a sharp sell-off as a fall in the dollar triggered a bout of short-covering, but analysts said the market looked vulnerable to further declines.

Published 10 Jan, 2017 03:40pm

Energy

Statoil stops Sikorsky S-92 helicopter flights, leaving offshore workers stranded

OSLO/LONDON: Norway's Statoil has stopped all flights of its Sikorsky S-92 helicopters for safety checks, leaving oil workers stranded on offshore platforms for at least a couple of days, the company said on Tuesday.

Published 10 Jan, 2017 03:38pm

Financial

EMERGING MARKETS-Brazil stocks up on iron ore, steel rally

SAO PAULO: Brazilian stocks rose on Tuesday as hopes that China would further cut steel output lifted shares of miners and steelmakers for a second day.

Published 10 Jan, 2017 03:37pm

World

Germany's Jan-Nov oil import bill down 22.9pc, volume up

FRANKFURT: Germany spent 23.

Published 10 Jan, 2017 03:36pm

World

US wholesale inventories post biggest rise in two years

WASHINGTON: US wholesale inventories in November rose slightly more than previously reported, posting their largest gain in two years and suggesting inventory investment would again support economic growth in the fourth quarter.

Published 10 Jan, 2017 03:35pm

Financial

S&P, Nasdaq flat; Goldman leads Dow lower

NEW YORK: The S&P 500 and the Nasdaq were flat on Tuesday morning, while Goldman Sachs led the Dow lower, as investors await the earnings season to test if Wall Street's record levels are justified by corporate earnings in the fourth quarter.

Published 10 Jan, 2017 03:35pm

Africa

Gambia's top court adjourns Jammeh's poll challenge

BANJUL: African judges due to help Gambia's supreme court hear a challenge by President Yahya Jammeh's electoral defeat last December failed to show up on Tuesday, forcing the chief justice to adjourn the session.

Published 10 Jan, 2017 03:34pm

Cricket

PCB rejects FICA report, says international players willing to play in Lahore

KARACHI: The Pakistan Cricket Board (PCB) on Tuesday rejected the report issued by Federation of International Cricketers Association (FICA) that questioned Pakistans security arrangements in the upcoming PSL final to be held in Lahore.

Published 10 Jan, 2017 02:36pm

Energy

Asia Naphtha/Gasoline-Naphtha goes higher; buyers keep coming

SINGAPORE: Asia's naphtha crack rose for the sixth straight session on Tuesday to nearly 9-1/2 month high of $93.

Published 10 Jan, 2017 02:23pm

Industry

Lufthansa overtaken by Ryanair in passenger numbers in 2016

FRANKFURT: Germany's Lufthansa reported a 1.

Published 10 Jan, 2017 02:21pm

Europe

EU aims for data transfer deal with Japan, South Korea

BRUSSELS: The European Union hopes to seal commercial data transfer deals with Japan and South Korea to boost business ties, and plans to tackle barriers to the free flow of data within the bloc.

Published 10 Jan, 2017 02:19pm

Industry

WhatsApp, Gmail roped into tougher EU privacy proposal

BRUSSELS: Online messaging and email services such as WhatsApp, iMessage and Gmail will face tough new rules on how they can track users under a proposal presented by the European Union executive on Tuesday.

Published 10 Jan, 2017 02:19pm

Sports

Sharapova to make comeback after doping ban in Stuttgart

BERLIN: Five-times grand slam champion Maria Sharapova will return to competitive action following a 15-month doping ban at the Stuttgart Grand Prix in April, the Russian said on Tuesday.

Published 10 Jan, 2017 02:17pm

Energy

Oil prices steady after recent falls on weaker dollar

LONDON: Oil prices stabilised on Tuesday after a sharp sell-off as a fall in the dollar triggered a bout of short-covering, but analysts said the market remained vulnerable to further falls.

Published 10 Jan, 2017 01:48pm

Money & Banking

HSBC chairman says banks may trigger Brexit contigency plans by March

LONDON: HSBC chairman Douglas Flint said some banks may begin triggering their contingency plans in March this year when formal divorce talks start if there is no clarity on whether Britain will retain access to the European single market when it leaves t

Published 10 Jan, 2017 01:46pm

Industry

VW group sales hit 2016 record 10.3mn cars despite dieselgate

BERLIN: Volkswagen group sales jumped 12 percent in December to take the annual figure to a record 10.

Published 10 Jan, 2017 01:44pm

World

Algeria says fund to cover budget deficits declining

ALGIERS: Resources for the state fund intended to cover Algeria's budget deficits had declined by 59.

Published 10 Jan, 2017 01:34pm

Europe

US ready for a trade deal under new administration

LONDON: British foreign minister Boris Johnson said on Tuesday the incoming administration in the United States was keen to do a free trade deal with Britain.

Published 10 Jan, 2017 01:32pm

Asia

Taliban say twin blasts near Afghan parliament kill or wound scores

KABUL: The Afghan Taliban claimed responsibility for twin blasts near parliament offices in Kabul on Tuesday which they said had killed or wounded scores of people.

Published 10 Jan, 2017 01:27pm

Football

FIFA agrees to expand World Cup to 48 teams

ZURICH: FIFA has voted to expand the World Cup to 48 teams from its current 32, brushing aside concerns that the expansion would lower the overall standard of the tournament, and make it too big and unwieldy.

Published 10 Jan, 2017 01:12pm

Managed Funds

Euro zone yields fall as politics outweigh supply expectations

LONDON: Euro zone bond yields dipped on Tuesday as concerns that Britain faced a "hard Brexit" when it leaves the European Union and the prospect of unpredictable elections in major European economies outweighed inflation and supply expectations.

Published 10 Jan, 2017 01:06pm

Financial

Stocks and oil edge higher; sterling reels from Brexit pain

LONDON: World stock markets nudged back towards recent multi-month highs on Tuesday, aided by a rally in commodity prices, although sterling slid for a second straight day on concerns over Britain's future ties with the European Union.

Published 10 Jan, 2017 01:04pm

World

Egypt's core inflation jumps to 25.86pc yr/yr in Dec

CAIRO: Egypt's annual core inflation jumped to 25.

Published 10 Jan, 2017 01:03pm

World

Portugal net borrowing to reach 12.4bn euros in 2017

LISBON: Portugal's IGCP debt agency said on Tuesday it would issue between 14 and 16 billion euros of treasury bonds in 2017 and the country's net borrowing needs would reach 12.

Published 10 Jan, 2017 01:01pm

Europe

Turkish police kill would-be suicide bomber in southeast

ISTANBUL: Turkish police killed a would-be suicide bomber who tried to enter the main police station in the southeastern city of Gaziantep on Tuesday, a security official told Reuters.

Published 10 Jan, 2017 12:59pm

Commodities

Gold hits highest in over a month on Brexit, Trump concerns

LONDON: Gold rallied to its highest level in more than a month on Tuesday as the dollar dipped ahead of a news conference on Wednesday by US President-elect Donald Trump.

Published 10 Jan, 2017 12:57pm

Front Top News

Imran blasts PM for telling lies on Panama Papers

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan says Prime Minister Nawaz Sharifs statement in the Parliament [regarding Panama Papers] was a complete lie.

Published 10 Jan, 2017 12:31pm

Cricket

Arrest warrant issued against Wasim Akram

KARACHI: Arrest warrant has been issued against former Pakistan cricket captain Wasim Akram on Tuesday, for not appearing at the court continuously from testifying in case filed by him.

Published 10 Jan, 2017 12:26pm

Pakistan Top News

Nawaz announces package of Rs180bn to boost exports

Prime Minister Nawaz Sharif has announced an attractive package of incentives of 180 billion rupees to boost exports.

Published 10 Jan, 2017 12:23pm

Cricket

Pakistan suffers another blow, Sarfraz Ahmed heads home

KARACHI: Pakistan Cricket team has suffered yet another blow after wicketkeeper-batsman Sarfraz Ahmed is headed to Pakistan to be with his ailing mother.

Published 10 Jan, 2017 12:06pm

Pakistan Top News

ADB operations reach a record $31.5bn in 2016

ISLAMABAD: The Asian Development Bank (ADB) operations for Asia and the Pacific reached an all-time high of $31.

Published 10 Jan, 2017 11:49am

Arts

Little Master Tendulkar Turns Tabla Master

After bidding goodbye to cricket Little Master Sachin Tendulkar has now decided to try his luck in music, after he showed off his tabla skills with music maestro Zakir Hussain.

Published 10 Jan, 2017 11:45am

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Tuesday having 48865.

Published 10 Jan, 2017 11:16am

Industries & Sectors

Clearance for 42 LPG licences from SNGPL, SSGCL underway

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is in the process to verify affidavits submitted by 42 applicants, who got different LPG licences, about clearance of their dues.

Published 10 Jan, 2017 11:11am

Pakistan Top News

PM orders Rs18bn metro bus link from Peshawar Mor to New Islamabad Airport

ISLAMABAD, Jan 10 (APP): Prime Minister Muhammad Nawaz Sharif Tuesday directed immediate construction of Islamabad Metro Bus link from Peshawar Mor to New Islamabad Airport, costing Rs 18 billion.

Published 10 Jan, 2017 11:03am

Cricket

Akhtar agrees with Chappell but partially

ISLAMABAD: Former Pakistan pacer Shoaib Akhtar has responded to former Australian captain Ian Chappell's comments about Pakistan's poor performances down under this winter.

Published 10 Jan, 2017 10:59am

Football

Real Madrid honours Shah Rukh Khan

It is no secret that Europes most successful club, the Spanish giants Real Madrid, enjoys one of the biggest fan following in the football crazy world.

Published 10 Jan, 2017 10:34am

Pakistan Top News

HRW urges Pakistan to investigate bloggers 'abduction'

ISLAMABAD: Human Rights Watch (HRW) on Tuesday asked Pakistan to urgently investigate the apparent abductions of four bloggers who campaigned for human rights and religious freedom, saying their near simultaneous disappearances raised concerns of governme

Published 10 Jan, 2017 10:26am

Life & Style

Salman Khan's rumoured girlfriend Iulia Vantur admits being in love

Salman Khan's rumoured girlfriend Iulia Vantur recently appeared on a popular comedy show 'The Kapil Sharma Show' to promote her upcoming music album with Himesh Reshammiya.

Published 10 Jan, 2017 10:11am

Financial

Turkish lira tumbles to fresh lows as stability worries weigh

ISTANBUL: The Turkish lira slumped to new lows on Tuesday, passing 4.

Published 10 Jan, 2017 10:07am

Featured Photos

Tuesday Tangents - Magnificent Nature Photography by Robert Jordan

Photo Credit : Robert Jordan%D%ARobert Jordan is a photographer based out of Columbus Ohio.

Published 10 Jan, 2017 10:04am

Miscellaneous

Going cashless: Can demonetization help?

Smart politicians have a way of framing crisis to their advantage.

Published 10 Jan, 2017 10:03am

Miscellaneous

Targeting electricity subsidies

All the focus these days is on power generation, and somewhat rightly so, for the acute shortage has long been a bane.

Published 10 Jan, 2017 10:02am

Managed Funds

Indonesia sells 6.58trn rupiah of Islamic bonds, above target

JAKARTA: Indonesia's finance ministry sold 6.

Published 10 Jan, 2017 10:01am

Miscellaneous

Energy sector - a few good steps

Globally, the oil and gas sector was marked with OPECs return in 2016, after it let the market forces play with the demand and supply for at least two years; with flagging prices, the cartel surprised many with the first cut in production since 2008.

Published 10 Jan, 2017 10:01am

Featured Photos

Tuesday Tangents - Stunning Nature Photography by Hannes Flo

Photo Credit : Hannes Flo%D%AHannes flo is a 23-year-old from Austria and is an avid music enthusiast.

Published 10 Jan, 2017 10:01am

Featured Photos

Tuesday Tangents - Stunning Travel Instagrams by Adam Bakay

Photo Credit : Adam Bakay%Ddam Bakay is a talented 22-year-old self-taught photographer and traveler based in Prague, Czech Republic.

Published 10 Jan, 2017 09:57am

Life & Style

Jolie, Pitt agree to settle divorce in private

LOS ANGELES: Angelina Jolie Pitt and Brad Pitt, once Hollywood's most celebrated couple, have reached an agreement to keep details of their high-profile divorce and child custody dispute private, US media reported on Tuesday.

Published 10 Jan, 2017 09:55am

Featured Photos

Tuesday Tangents - High Himalaya by Eric Valli

Photo Credit : Eric Valli%Dric Valli is a French photographer and film director.

Published 10 Jan, 2017 09:54am

Featured Photos

Tuesday Tangents - Beautiful Landscape Instagrams by Maury Page

Photo Credit : Maury Page%D%AMaury Page is a talented self-taught photographer based in Michigan.

Published 10 Jan, 2017 09:51am

Featured Photos

Tuesday Tangents - Marvelous Portrait Photography by Stephen Crosson

Photo Credit : Stephen Crosson%D%AStephen Crosson is a photographer based in Southfield, Michigan who loves to travel to capture moments in life from a different perspective.

Published 10 Jan, 2017 09:48am

North America

Trump announces son-in-law Kushner, as White House top adviser

WASHINGTON: United States President-elect Donald Trump on Monday appointed his influential son-in-law, Jared Kushner, as a White House senior adviser on Monday.

Published 10 Jan, 2017 09:48am

Featured Photos

Tuesday Tangents - Magnificent Street Scenes by James Creel

Photo Credit : James Creel%D%AJames Creel aka Vivid Resonance is a talented self-taught photographer currently lives and works in Brooklyn, New York.

Published 10 Jan, 2017 09:43am

Cricket

David Warner slams Cricket Australia

Australias hard hitting opening batsmen David Warner has blasted Cricket Australia (CA) for "very, very poor scheduling decision, as Australia would be playing a Twenty20 international at home just a day before they begin a Test series in India.

Published 10 Jan, 2017 09:42am

Featured Photos

Tuesday Tangents - Hidenobu Suzuki Captures Painting-Like Photographs II

Photo Credit : Hidenobu Suzuki%D%AHidenobu Suzuki is a talented photographer and artist based in Toyohashi, Aichi, Japan.

Published 10 Jan, 2017 09:41am

Featured Photos

Tuesday Tangents - Candid Street Photography by Zhang Jia Wu

Photo Credit : Zhang Jia Wu%D%AZhang Jia Wu is a talented photographer and artist based in Zhengzhou, China.

Published 10 Jan, 2017 09:36am

Arts

'Hollyweed' sign prankster arrested

LOS ANGELES: Los Angeles police on Monday arrested a local artist suspected of a New Year's Day prank in which he altered the letters of the famous Hollywood sign to read "Hollyweed.

Published 10 Jan, 2017 08:41am

Life & Style

'Baywatch' International trailer reveals Priyanka Chopra as antagonist

The new trailer of Paramount Pictures' 'Baywatch' has hit the internet today and finally gives a glimpse of Priyanka Chopra's villainous character Victoria Leeds.

Published 10 Jan, 2017 08:38am

Middle East

Israeli troops shoot dead Palestinian attacker in West Bank

JERUSALEM: Israeli troops in the occupied West Bank shot dead a Palestinian overnight during an operation to arrest suspected militants, the army said on Tuesday morning.

Published 10 Jan, 2017 08:36am

Front Top News

Panamagate scandal: Justice Khosa withdraws observation over Articles 62, 63

ISLAMABAD: The Supreme Court of Pakistan on Tuesday resumed the Panama Papers Leaks Case hearing against the family of Prime Minister Nawaz Sharif.

Published 10 Jan, 2017 08:31am

World

Venezuela opposition renews assault against president

CARACAS: Venezuelan opposition lawmakers sought to trigger early elections by passing a key censure motion Monday against President Nicolas Maduro, who is ruling over a national economic crisis and consequent food shortages.

Published 10 Jan, 2017 08:28am

Front Top News

Obama's says goodbye in last presidential speech

WASHINGTON: Barack Obama closes the book on his presidency Tuesday, with a farewell speech in Chicago that will try to lift supporters felled by Donald Trump's shock victory.

Published 10 Jan, 2017 08:21am

Sports

Top-ranked Kerber stunned by Russian teen

SYDNEY: Russian teenager Daria Kasatkina put Angelique Kerber's Australian Open preparations in a spin with a straight-sets upset win over the world number one at the Sydney International on Tuesday.

Published 10 Jan, 2017 08:14am

North America

Castro announces pick for Cuba's interior minister

HAVANA: Cuban President Raul Castro has tapped Vice Admiral Julio Cesar Gandarilla Bermejo for the post of interior minister, government media reported Monday.

Published 10 Jan, 2017 08:12am

Cricket

Pakistan Super League Lahore final in danger

Pakistan Cricket Boards mission to bring international cricket back in Pakistan seems to be in jeopardy, after a report issued by the Federation of International Cricketers Associations (FICA) has stated that the risk level in Pakistan remains "at an extr

Published 10 Jan, 2017 08:11am

Asia

Thousands throng Iran's Rafsanjani funeral

TEHRAN: Tens of thousands of mourners led by Iran's supreme leader gathered at Tehran University early on Tuesday for the funeral of former president Akbar Hashemi Rafsanjani.

Published 10 Jan, 2017 08:08am

Sports

Knee injury forces Kyrgios out of Aussie Open warm-up

SYDNEY: Nick Kyrgios Tuesday pulled out of a World Tennis Challenge exhibition in Adelaide with a knee injury in a setback to his Australian Open preparations.

Published 10 Jan, 2017 08:05am

Industry

Alibaba to buy China mall operator in $2.6bn plan

SHANGHAI: Chinese e-commerce titan Alibaba will take control of domestic department store Intime through a $2.

Published 10 Jan, 2017 08:02am

Pakistan Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Tuesday, until mid day, KSE-100 Index was at 48924.

Published 10 Jan, 2017 07:50am

Business & Economy

New Pak-Afghan border controls slow trade to a crawl

CHAMAN: For decades Pakistan and Afghani merchants crossed freely at Chaman, a dusty, wind-swept frontier town in Pakistan's southwest, but an unprecedented bid by Islamabad to impose border controls is sparking fears for bilateral trade.

Published 10 Jan, 2017 07:48am

Front Top News

Senate seeks details about ex-COAS Raheel's new 'assignment'

ZULFIQAR AHMAD%D%AISLAMABAD:Chairman Senate Raza Rabbani on Monday directed the government to inform the House about the reports of former Chief of Army Staff (CoAS) General Raheel Sharif's appointment as chief of 39-nation Islamic Military Alliance f

Published 10 Jan, 2017 07:31am

Front Top News

Pakistan has intimated to China its decision: LNG terminal, pipeline early harvest projects

WASIM IQBAL%D%AISLAMABAD: Pakistan has intimated its decision to China that LNG terminal and pipeline projects should be made part of the China-Pakistan Economic Corridor (CPEC).

Published 10 Jan, 2017 07:22am

Financial

Japanese stocks decline as yen strengthens, Trump speech awaited

TOKYO: Japan's Nikkei share average fell on Tuesday with a strengthening yen weighing on exporter shares, although hopes that US President-elect Donald Trump would provide hints about stimulus at an upcoming speech helped curb the losses.

Published 10 Jan, 2017 07:06am

Financial

Australia shares hit by first 2017 loss, hurt by financials; NZ higher

SYDNEY: Australian shares suffered their first loss of the year on Tuesday, as financial stocks followed their US peers down and energy counters remained pressured by weaker oil prices.

Published 10 Jan, 2017 07:06am

Life & Style

Trump reacts on Meryl Streep's Golden Globe speech, call her 'over-rated'

US President Donald Trump has been in controversy ever since he got elected as next US President in November 2016.

Published 10 Jan, 2017 06:42am

'Lucky Cement plants and operations continue as per routine'

Lucky Cement Limited announced Monday that its plants and operations are continued as per routine. Lucky Cement Limited has informed that the recently circulated stories giving the impression that Lucky Cements' plants have shut down are misleading as the