News Archives for Latest - 2017-01-11

Miscellaneous

CPEC's raison d'etre

The hype, the hopes and expectations from the China Pakistan Economic Corridor is growing by the day.

Updated 23 Feb, 2018 06:47am

Industry

Amazon to pay Canada fine over pricing practices

MONTREAL: The Canadian branch of US online retailer Amazon will pay Can$1.

Published 11 Jan, 2017 08:37pm

Industry

VW pleads guilty to US criminal charges, pays $4.3bn in 'dieselgate'

WASHINGTON: Volkswagen AG will plead guilty to three criminal charges and pay a total $4.3 billion in fines to settle the emissions cheating scandal known as "dieselgate," US officials announced on Wednesday.%D%A

Published 11 Jan, 2017 08:35pm

Sports

Golf: Furyk named USA Ryder Cup captain facing 25-year jinx

PARIS: Jim Furyk was named on Wednesday as captain of the United States Ryder Cup team to face Europe in 2018 when the showdown is held at Le Golf National near Paris and where his team will look to end a 25-year jinx.

Published 11 Jan, 2017 08:32pm

Football

Football: Spanish Copa del Rey results

MADRID: Spanish Copa del Rey last 16, second leg results on Wednesday:Alaves 1 (Edgar 45) Deportivo la Coruna 1 (Arribas

Published 11 Jan, 2017 08:31pm

Energy

UAE minister says too early to consider prolonging oil cuts

ABU DHABI: UAE Energy Minister Suhail al-Mazrouei said Wednesday it is too early to consider extending an OPEC deal to cut oil output and lift low prices.

Published 11 Jan, 2017 08:23pm

Industry

New Facebook project aims to fight the spread of 'fake news'

WASHINGTON: Facebook announced Wednesday the creation of a Journalism Project aimed at fostering "a healthy news ecosystem" and curbing the spread of fake news.

Published 11 Jan, 2017 08:19pm

North America

Mexico will reimburse US for cost of border wall: Trump

NEW YORK: Donald Trump vowed Wednesday to forge ahead with plans for a wall on the southern US border after taking office, and said Mexico would reimburse the United States for the cost.

Published 11 Jan, 2017 07:22pm

Europe

German migrant arrivals down sharply as Merkel faces polls

BERLIN: Germany said on Wednesday that migrant arrivals dropped by two-thirds in 2016 from the previous year's record high, providing relief for Chancellor Angela Merkel ahead of this year's elections.

Published 11 Jan, 2017 07:22pm

North America

Mexican peso tumbles after Trump news conference

MEXICO CITY: Mexico's peso fell on Wednesday after US President-elect Donald Trump vowed to make the country pay for a huge border wall and to tax companies that ship jobs abroad.

Published 11 Jan, 2017 07:20pm

Asia

Bangladesh PM asks Myanmar to take back Rohingya refugees

DHAKA: Bangladesh's Prime Minister on Wednesday asked Myanmar to take back tens of thousands of Rohingya refugees who have fled a military crackdown in the Buddhist majority nation's Rakhine state, an official said.

Published 11 Jan, 2017 07:19pm

Financial

Dollar surge, political nerves send sterling to 3-month low

LONDON: Sterling hit a three-month low against the dollar on Wednesday, as a renewed surge by the US currency compounded a lengthening list of political strains weighing on the pound.

Published 11 Jan, 2017 06:05pm

Middle East

Five UAE officials among 57 killed in Afghanistan bombings

KANDAHAR: Five UAE officials were among 57 people killed in a string of bombings across Afghan cities, authorities said Wednesday, as Taliban militants step up a deadly winter campaign of violence.

Published 11 Jan, 2017 06:04pm

Commodities

US Cash Soymeal-Rail offers ease on heavy supply, weak demand

CHICAGO: Spot basis offers eased at US rail markets on Wednesday and were mostly steady at truck and export points as heavy supplies and limited demand continued to anchor prices for the animal feed, dealers said.

Published 11 Jan, 2017 06:03pm

Front Top News

Trump slams Russia leaks ahead of news conference

NEW YORK: US President-elect Donald Trump on Wednesday furiously denied explosive claims that Russian intelligence has gathered compromising personal and professional information on him, hours before he faces the media for the first time since his electio

Published 11 Jan, 2017 05:58pm

North America

No new foreign deals for Trump Organization during presidency: lawyer

NEW YORK: Donald Trump's huge business empire will undertake no foreign deals while he is US president, a lawyer advising his companies said Wednesday.

Published 11 Jan, 2017 05:53pm

Financial

US stocks flat ahead of Trump press conference

NEW YORK: Wall Street stocks treaded water early Wednesday as US investors traded cautiously ahead of President-elect Donald Trump's first news conference since the November election.

Published 11 Jan, 2017 05:53pm

General News

Implementation of NFIS govt's top priority: Dar

ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar Wednesday said the implementation of National Financial Inclusion Strategy (NFIS) was government's foremost priority.

Published 11 Jan, 2017 05:50pm

Pakistan Top News

Pakistan values its brotherly ties with Oman: President

ISLAMABAD: President Mamnoon Hussain Wednesday said Pakistan greatly valued its brotherly relations with Oman, as the two countries were tied in the bonds of common culture, history and heritage.

Published 11 Jan, 2017 05:49pm

Financial

London stocks scale new record peak

LONDON: European stocks rose Wednesday, with the sliding pound and rebounding commodity prices pushing London to ever new highs, while prices on Wall Street were firmer ahead of a news conference by president-elect Donald Trump.

Published 11 Jan, 2017 05:49pm

General News

COAS grieved over sad demise of Governor Sindh

ISLAMABAD: Chief of Army Staff (COAS) Qamar Javed Bajwa Wednesday expressed his grief on sad demise of Governor Sindh Saeed-uz-Zaman Siddiqui.

Published 11 Jan, 2017 05:47pm

General News

SC gives temporary custody of Tayyaba to Sweet Homes

ISLAMABAD: The Supreme Court on Wednesday ordered to send 10-year-old maid Tayyaba to Sweet Homes until the confirmation of her real parents.

Published 11 Jan, 2017 05:46pm

North America

Trump says will be 'greatest jobs producer God ever created'

NEW YORK: US President-elect Donald Trump said Wednesday that his administration will be the biggest creator of jobs ever seen.

Published 11 Jan, 2017 05:34pm

North America

Trump says it's an 'asset' if Putin likes him

NEW YORK: US President-elect Donald Trump said Wednesday it would be an "asset, not a liability" if he gets along with Russian President Vladimir Putin, but admitted it was not a given that the pair would be allies.

Published 11 Jan, 2017 05:15pm

World Top News

Trump says Russia dossier was 'phony stuff' from his opponents

NEW YORK: US President-elect Donald Trump dismissed Wednesday a dossier with allegations Russia has compromising material on him as a "phony report" but acknowledged that Russia was behind the hacking of Democratic Party computers.

Published 11 Jan, 2017 05:14pm

Pakistan Top News

Trump says he turned down $2bn Dubai deal over the weekend

NEW YORK: US President-elect Donald Trump said Wednesday that he rejected a $2 billion deal in Dubai last weekend, demonstrating he was putting his business behind as he prepares to move into the White House.

Published 11 Jan, 2017 05:13pm

North America

Trump says has turned over 'complete' control of business to sons

NEW YORK: Donald Trump said Wednesday he had formally handed "complete and total" control of his business empire to his adult sons, Don Jr and Eric, in a bid to avoid conflicts of interest once he enters the White House.

Published 11 Jan, 2017 05:12pm

World Top News

Europe freeze claims more lives

SOFIA: The death toll from the cold snap hitting parts of Europe rose to at least 65 on Wednesday as Bulgarian authorities reported seven fatalities.

Published 11 Jan, 2017 05:11pm

Europe

EU's Juncker says hopes Cyprus reunification talks will succeed

VALLETTA: European Commission President Jean-Claude Juncker said on Wednesday that talks between the two sides of the ethnically divided Cyprus represented the "very last chance" to reunite the island, and hoped they would succeed.

Published 11 Jan, 2017 02:43pm

Financial

Wall St set for flat open; Trump conference in focus

NEW YORK: US stocks were set open largely flat on Wednesday, ahead of President-elect Donald Trump's first formal news conference, where he is expected to give more insight into his plans to boost economic growth.

Published 11 Jan, 2017 02:40pm

Financial

C$ slightly weaker as all eyes on Trump

TORONTO: The Canadian dollar weakened slightly against its US counterpart early on Wednesday, with investors bracing for clues about US President-elect Donald Trump's likely trade, tax and fiscal policy direction at a morning news conference.

Published 11 Jan, 2017 02:35pm

Commodities

Brazil coffee industry sees flat 2017 exports

SAO PAULO: Coffee exporters in Brazil, the world's largest producer, see shipments in 2017 around the same 30 million bags shipped in 2016 despite talk of a weaker off-cycle 2017/18 crop.

Published 11 Jan, 2017 02:34pm

Pakistan Top News

Pakistan mourns sad demise of Governor Saeed-uz-Zaman

KARACHI: Governor Sindh Justice (retd) Saeed-uz-Zaman Siddiqui passed away here on Wednesday in a private hospital, where he was taken due to chest pain and breathing problem.

Published 11 Jan, 2017 02:33pm

North America

Trump slams Russia sex leaks ahead of news conference

%D%ANEW YORK: US President-elect Donald Trump on Wednesday furiously denied explosive claims that Russian intelligence has gathered compromising personal and professional information on him, hours before he faces the media for the first time since his ele

Published 11 Jan, 2017 02:33pm

Financial

Bonds firm as Poland holds rates, Czech auction demand hits record

BUDAPEST/PRAGUE: Central European government bonds firmed on Wednesday as record demand at Prague's first auction this year drove yields deeper into negative territory and Poland's central bank held policy steady.

Published 11 Jan, 2017 02:23pm

Money & Banking

Morgan Stanley partners with Addepar to see more of clients' wealth

NEW YORK: Morgan Stanley is rolling out a new software platform to 20 of its top financial advisory teams to help them see more of their wealthiest clients assets.

Published 11 Jan, 2017 02:22pm

Sports

Boxing legend Manny Pacquio coming to encourage Karachiites

Chief Minister Sindh Syed Murad Ali Shah has invited Filipino boxer Manny Pacquiao to visit Karachi.

Published 11 Jan, 2017 01:39pm

Front Top News

Governor Sindh Saeed-uz-Zaman Siddiqui passes away

%D%AKARACHI: Governor Sindh Justice (retd) Saeed-uz-Zaman Siddiqui has passed away in a private hospital, where he was taken due to chest pain and breathing problem, an official said on Wednesday.

Published 11 Jan, 2017 12:56pm

Sports

Champion boxer Waseem finally gets reward he rightfully deserves!

Waseem Khan, the boxer who made Pakistan proud after becoming World Boxing Council (WBC) Silver flyweight champion back in 2014, is finally getting his due share of recognition as the government of Pakistan approved on Wednesday the Rs30 million grant ann

Published 11 Jan, 2017 12:28pm

Industry

VW shares rise as $4.3bn emissions deal with US nears

BERLIN: Volkswagen's supervisory board is meeting on Wednesday to approve a draft $4.

Published 11 Jan, 2017 12:20pm

Energy

Asia-Pacific Crude-Market awaits March offers; arbitrage to Asia seen open

SINGAPORE: Trade for March-loading Asia-Pacific crude is off to a slow start as traders await greater clarity on regional loading programmes and as Asian refiners have this week shifted focus to managing supply cuts from OPEC producers.

Published 11 Jan, 2017 12:19pm

Financial

European shares up, Britain's FTSE set for record-breaking streak

LONDON: European shares rose on Wednesday, with retail stocks back in focus after a well-received update from British grocer Sainsbury, though Cobham tanked on disappointing profits.

Published 11 Jan, 2017 12:14pm

Europe

EU approves Maltese support for Delimara gas and power energy project

BRUSSELS: The European Commission said on Wednesday it had approved Maltese plans to pay Electrogas Malta, operator of the Delimara plant, for providing energy to the electricity company Enemalta.

Published 11 Jan, 2017 12:12pm

Commodities

Palm oil sees biggest gain in a week on stronger Dalian, exports

KUALA LUMPUR: Malaysian palm oil futures rose nearly 2 percent on Wednesday, tracking stronger rival oils on the Dalian Commodity Exchange and boosted by demand from China.

Published 11 Jan, 2017 12:10pm

Commodities

Copper eases from 4-week high ahead of Trump news conference

LONDON: Copper edged lower on Wednesday ahead of a news conference by US President-elect Donald Trump, having earlier hit a four-week high after upbeat Chinese and global economic data fuelled expectations for firm demand this year.

Published 11 Jan, 2017 12:08pm

Commodities

Political uncertainty fuels gold's push to 6-week high

LONDON: Gold hit six-week highs on Wednesday as investors worrying about political uncertainty bought the precious metal, but dollar strength due to higher US rates is expected to cap gains.

Published 11 Jan, 2017 12:06pm

Commodities

India has no plan to cut sugar import tax for now-food minister

NEW DELHI: India, the world's biggest sugar consumer, is not considering to cut import duty on the sweetener at least in the near term, Food Minister Ram Vilas Paswan said on Wednesday.

Published 11 Jan, 2017 12:05pm

World

OECD indicator senses firming growth in Germany, Japan

PARIS: Economic growth appears to be picking up in Germany and Japan, and upturns previously reported in countries such the United States, Canada and France continue, the Organisation for Economic Co-operation and Development (OECD) said on Wednesday.

Published 11 Jan, 2017 12:04pm

Financial

Brexit-shaken sterling hits 11-week low despite firm data

LONDON: Data suggesting the British economy kept its momentum at the end of 2016 despite June's Brexit vote could not support sterling on Wednesday as worries over a "hard" departure from the EU sent it to an 11-week low.

Published 11 Jan, 2017 12:03pm

World

Portugal December CPI flat, up 0.9pc year-on-year

LISBON: Portuguese consumer prices were flat in December after falling 0.

Published 11 Jan, 2017 12:00pm

Money & Banking

Banco Santander to issue up to 57bn euros in debt over two years

MADRID: Spain's Banco Santander will issue between 43 billion and 57 billion euros ($45 billion-$60 billion) in debt over the next two years to meet capital targets aimed at enabling systemically important banks to absorb losses, it said on Wednesday.

Published 11 Jan, 2017 11:59am

Financial

Demand for Portugal 10-year euro bond exceeds 8.5bn

LONDON: Demand for Portugal's April 2027 euro-denominated benchmark bond is in excess of 8.

Published 11 Jan, 2017 11:57am

Middle East

Iraqi forces push further into northeast Mosul, military says

MOSUL: Iraqi forces made new advances against Islamic State in east Mosul and fought the militants in areas near the Tigris river on Wednesday, seeking to build on recent gains, military officials said.

Published 11 Jan, 2017 11:56am

Commodities

Wheat, soybeans and corn fall ahead of USDA report

HAMBURG/SINGAPORE: Chicago wheat, soybean and corn futures fell on Wednesday in a mood of risk-avoidance ahead of widely watched forecasts of world grain and oilseed supply and demand scheduled from the US Department of Agriculture (USDA) on Thursday.

Published 11 Jan, 2017 11:54am

World

China to expand funding channels for small firms

BEIJING: China will expand funding channels for small and medium-sized firms, according to a statement posted on the website of its State Council, or cabinet, citing a meeting led by Premier Li Keqiang.

Published 11 Jan, 2017 11:53am

Energy

Oil rises as Saudi tells Asian customers of output cuts

LONDON: Oil prices rose for the first time in three days on Wednesday, following news of Saudi supply cuts to Asia, but persistent doubt over output reductions and signs of rising shipments from other producers kept gains in check.

Published 11 Jan, 2017 11:51am

Industry

Germany cuts air traffic fees for airlines by 18 percent

BERLIN: Germany will reduce its air traffic management fees by 18 percent this year, a boost for airlines, the state-owned DFS air traffic control authority said on Wednesday.

Published 11 Jan, 2017 11:50am

World

Brazil meets 2016 inflation target

BRASILIA: Brazil's inflation finished 2016 within the official target range, government data showed on Wednesday, reinforcing calls for an aggressive cycle of interest rate cuts by the central bank as the economy remains mired in recession.

Published 11 Jan, 2017 11:48am

Europe

Italian PM undergoes surgery on blood vessel

ROME: Italian Prime Minister Paolo Gentiloni has undergone emergency surgery on a blocked blood vessel after feeling unwell on his return from a visit to Paris, aides said Wednesday.

Published 11 Jan, 2017 11:45am

Life & Style

Nutella uses cancer producing ingredient?

Nutella maker Ferrero has spoken out in support of the palm oil industry after a European agency said the ingredient poses a cancer risk.

Published 11 Jan, 2017 11:43am

Pakistan Top News

PM Nawaz wants Pakistan to be known as minority-friendly country

CHAKWAL: Prime Minister Nawaz Sharif said on Wednesday that his government is pursuing a policy to establish Pakistan's identity as a minority-friendly country.

Published 11 Jan, 2017 11:43am

General News

Met office forecasts intensified cold waves in next 24 hours

KARACHI: Cold wave intensifies in the country with temperature dropping to freezing point in various cities of Pakistan on Wednesday.

Published 11 Jan, 2017 11:26am

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Thursday having 49371.

Published 11 Jan, 2017 11:13am

Life & Style

SRK's 'Raees' receives fresh threats from Shiv Sena

Trouble doesn't seem to end for Shah Rukh Khan, as Indian extremist party Shiv Sena has once again interfered in the release of most anticipated movie of 2017.

Published 11 Jan, 2017 11:12am

Industries & Sectors

FBR to launch pilot project for precision telecom tax collection

ISLAMABAD: Federal Board of Revenue (FBR) would launch a pilot project for real time connectivity from this month to ensure precision in count of taxes collected from phone users.

Published 11 Jan, 2017 11:07am

Cricket

Big breakthrough for 'Paratha wala' eyeing place in Pakistan team

Who says dreams arent meant to be lived; meet Hanan Khan Achakzai, who cooks parathas in a Karachi hotel, has finally made into PCBs Pakistan Cricket Academy and has been selected for two Twenty20s against Malaysia.

Published 11 Jan, 2017 11:05am

Financial

Turkey lira under new pressure as bank measures fail to impress

ISTANBUL: Turkey's embattled lira on Wednesday took a new pounding on foreign exchange markets as emergency measures announced by the central bank failed to impress markets rattled by terror attacks and political instability.

Published 11 Jan, 2017 10:57am

Sports

Recharged Bouchard sets up Sydney semi with Konta

SYDNEY: Eugenie Bouchard reached her first semi-final for 10 months as she battled intense heat to down higher-ranked Russian Anastasia Pavlyuchenkova at the Sydney International on Wednesday.

Published 11 Jan, 2017 10:56am

Pakistan Top News

SC orders DNA tests in 'tortured' child maid case

ISLAMABAD: Supreme Court of Pakistan (SC) on Wednesday ordered DNA tests to identify the parents of a ten-year-old maid who was tortured, allegedly by her employers, in a case which has caused widespread shock.

Published 11 Jan, 2017 10:49am

General News

Schizophrenic man to be hanged on Jan 17

%D%AISLAMABAD: A Pakistani judge has issued a death warrant for a schizophrenic man, his lawyers said, months after the country's top court halted the execution of another mentally ill prisoner.

Published 11 Jan, 2017 10:48am

Miscellaneous

Fertilizer subsidies need better targeting

In a surprise move, the federal government withdrew subsidies on urea and DAP fertilizer with immediate effect.

Published 11 Jan, 2017 10:11am

Miscellaneous

Opening up power transmission

There have been a couple of important draft guidelines published by the National Electric Power Regulatory Authority (NEPRA) recently including the those for competitive bidding as well as the concept paper on the rate of return for power sector projects.

Published 11 Jan, 2017 10:10am

Miscellaneous

What does it take to build a brand?

The conversation on exports (at least in this column) has been approached from multiple angles the need for research, innovation, diversification, etc.

Published 11 Jan, 2017 10:09am

Pakistan Top News

Reason behind PIA plane crash still unknown

%D%ANUZHAT NAZAR%D%A%D%AISLAMABAD: Pakistan International Airlines Corporation Limited (PIACL) on Tuesday disclosed that the root cause of the crash of ATR plane on its way from Chitral to Islamabad is unknown and apparently aircraft experienced engine fa

Published 11 Jan, 2017 09:59am

Pakistan Top News

Security of Pakistan, Afghanistan, India interconnected: US

WASHIGNTON: The security of Pakistan, India and Afghanistan are interconnected and it will be better for these countries to cooperate with each other in countering terrorism, a US State Department spokesman said.

Published 11 Jan, 2017 09:39am

Life & Style

After Priyanka, Ellen DeGeneres to grill Deepika Padukone on her show

Popular American talk show 'The Ellen DeGeneres Show' will soon welcome Bollywood actress Deepika Padukone on a much-anticipated episode.

Published 11 Jan, 2017 09:19am

Pakistan Top News

Pakistan predicted to be world's fastest-growing Muslim economy in 2017

ISLAMABAD: Pakistan has been forecasted to be the world's fastest-growing Muslim economy in 2017 ahead of Indonesia, Malaysia, Turkey and Egypt, says "The Economist" magazine.

Published 11 Jan, 2017 09:15am

Cricket

Pakistan may fail to qualify for ICC World Cup

ISLAMABAD: Pakistan is in serious danger of failing to qualify directly for the International Cricket Council's (ICC) World Cup 2019 in the United Kingdom as it currently sits on eighth position in the ODI Team Rankings.

Published 11 Jan, 2017 09:11am

Pakistan Top News

Schools to be made a place of best learning experience: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday terming children the country's future said the government was focusing on providing them high-standard education and best facilities at their learning places.

Published 11 Jan, 2017 09:07am

Front Top News

PM inaugurates water filtration plant at Katas Raj temple

KATAS RAJ: Prime Minister Muhammad Nawaz Sharif on Wednesday inaugurated a water filtration plant at the sacred Hindu temple Katas Raj.

Published 11 Jan, 2017 09:07am

JCR-VIS reaffirms fund stability rating of HBL Income Fund

KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating (FSR) of HBL Income Fund at 'A(f)' (Single A (f)).

Published 11 Jan, 2017 09:00am

Featured Photos

Through The Valley by Johannes Hulsch

Photo Credit : Johannes Hulsch%D%AJohannes Hulsch is a talented 20 years old self-taught photographer and student based in Leipzig, Germany.

Published 11 Jan, 2017 08:46am

Cricket

Didn't 'disrespect' Wasim Akram's team: Misbah

Pakistan Test skipper Misbah ul Haq has clarified that he didnt intent to disrespect the Pakistan cricket team, which toured Australia in 1999.

Published 11 Jan, 2017 08:46am

Featured Photos

The Departing 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 11 Jan, 2017 08:42am

Life & Style

Mahira Khan finally joins Shah Rukh Khan for 'Raees' promotion

The unofficial ban on Pakistani artiste in India has been keeping them away from their movie promotions and other cross-border interactions.

Published 11 Jan, 2017 08:40am

Featured Photos

Superman In Disguise by Joshua K. Jackson

Photo Credit : Joshua K.

Published 11 Jan, 2017 08:39am

Featured Photos

Gnarly by Joshua K. Jackson

Photo Credit : Joshua K.

Published 11 Jan, 2017 08:37am

Featured Photos

Pinstripes And Business by Joshua K. Jackson

Photo Credit : Joshua K.

Published 11 Jan, 2017 08:34am

Featured Photos

The Line That Separates by Johannes Hulsch

Photo Credit : Johannes Hulsch%D%AJohannes Hulsch is a talented 20 years old self-taught photographer and student based in Leipzig, Germany.

Published 11 Jan, 2017 08:30am

Featured Photos

Travel Scenes by Johannes Hulsch

Photo Credit : Johannes Hulsch%D%AJohannes Hulsch is a talented 20 years old self-taught photographer and student based in Leipzig, Germany.

Published 11 Jan, 2017 08:27am

Financial

China stocks fall for second day as more IPOs approved

SHANGHAI: China stocks fell for the second day on Wednesday, pressured by an increase in equity supply and as investors took profits on state-owned stocks which had soared on reform hopes.

Published 11 Jan, 2017 08:24am

Financial

Sri Lanka to issue $1.5bn of development bonds in 2017

COLOMBO: Sri Lanka's Cabinet has approved the issuance of $1.

Published 11 Jan, 2017 08:24am

Featured Photos

The Roadster 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 11 Jan, 2017 08:23am

Managed Funds

Benchmark JGBs steady, curve steepens as investors await Trump

TOKYO: Benchmark Japanese government bonds were steady on Wednesday, as investors shrugged off a decent 30-year sale and awaited President-elect Donald Trump's news conference later in the day.

Published 11 Jan, 2017 08:21am

Featured Photos

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 11 Jan, 2017 08:20am

Asia

Samsung heir becomes suspect in corruption scandal

SEOUL: Samsung heir Lee Jae-Yong has become a criminal suspect in a widening probe into the corruption and influence-peddling scandal engulfing impeached South Korean President Park Geun-Hye, prosecutors said Wednesday.

Published 11 Jan, 2017 08:19am

Asia

Japan plans to have new emperor in 2019

TOKYO: Japan is planning for Emperor Akihito to retire and be replaced by his eldest son on January 1, 2019, reports said Wednesday, as the country works on a legal framework for its first abdication in 200 years.

Published 11 Jan, 2017 08:10am

North America

Obama tears up during tribute to Michelle, daughters

CHICAGO: President Barack Obama wiped away tears as he paid tribute to his teenage daughters and to Michelle Obama, his "best friend," at the emotional close of a farewell address in his adoptive city of Chicago Tuesday.

Published 11 Jan, 2017 08:10am

World

Venezuela president threatens opposition over 'coup'

CARACAS: Venezuela's President Nicolas Maduro threatened Tuesday his opponents would face "consequences" for their latest efforts to oust him, reviving his claim that he was the victim of a "coup" attempt.

Published 11 Jan, 2017 08:04am

Front Top News

Obama says 'yes we did' in farewell address

CHICAGO: President Barack Obama addressed America and the world for the final time as president Tuesday, in a speech that was both a tearful goodbye and a call to arms.

Published 11 Jan, 2017 08:01am

Asia

North Korea has plutonium for 10 nuclear bombs

SEOUL: North Korea now has enough plutonium to make 10 nuclear bombs, South Korea said Wednesday, a week after leader Kim Jong-Un said it was close to test-launching an intercontinental ballistic missile.

Published 11 Jan, 2017 07:58am

Asia

Vietnam arrests 7 bankers for $21 million graft

HANOI: Vietnamese police have arrested seven ex-bankers accused of approving illegal loans that led to $21 million in losses, state media reported Wednesday, the latest scandal to hit the country's financial sector.

Published 11 Jan, 2017 07:48am

North America

Trump hit with claims Russia has compromising info on him

WASHINGTON: US spy chiefs have informed Donald Trump that Russian operatives claim to possess deeply compromising personal and financial information about him, US media reported Tuesday on the eve of the president-elect's first press conference.

Published 11 Jan, 2017 07:48am

Football

We deserve more World Cup slots, says Asian boss

KUALA LUMPUR: Asia's football chief said the region "deserves more slots" at the World Cup, as FIFA's decision to expand the tournament to 48 teams from 2026 was cheered in countries from China to New Zealand.

Published 11 Jan, 2017 07:47am

Front Top News

Five UAE officials among dead in Kandahar bombing

ABU DHABI: Five officials from the United Arab Emirates were among the dead in a bombing in the southern Afghan city of Kandahar, the Emirates' official WAM news agency said on Wednesday.

Published 11 Jan, 2017 07:44am

Sports

Muller beats heat to close in on another Sydney semi

SYDNEY: Gilles Muller beat the heat to be one match away from a third straight semi-final appearance at the Sydney International following a big-serving victory over Australian Matt Barton on Wednesday.

Published 11 Jan, 2017 07:43am

Front Top News

Panama Papers Case: SC directs PTI lawyer to complete arguments today

A five-member larger bench led by Justice Asif Saeed Khosa on Wednesday resumed hearing the Panama Leaks case.

Published 11 Jan, 2017 07:40am

Financial

Tokyo stocks snap three-day losing streak

TOKYO: Tokyo shares snapped three days of losses on Wednesday as exporters got a boost from a drop in the yen while investors eye US President-elect Donald Trump's first formal news conference.

Published 11 Jan, 2017 07:37am

Cricket

Boult back to boost New Zealand tour sweep bid

WELLINGTON: Bowling spearhead Trent Boult could return as the sole change for New Zealand in the first Test against Bangladesh in Wellington on Thursday.

Published 11 Jan, 2017 07:36am

Pakistan Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Wednesday, until mid day, KSE-100 Index was at 49247.

Published 11 Jan, 2017 07:33am

Technology

Netherlands' electric train 100pc on wind energy

Netherlands - or should it be called Windmill Country has 100 percent of its electric trains being run on wind energy.%D%A%D%A

Published 11 Jan, 2017 07:20am

General News

Nisar restrained from chairing NADRA board meetings

RECORDER REPORT%D%ALAHORE: The Lahore High Court restrained Interior Minister from chairing National Database and Registration Authority's (NADRA)'s board meetings and suspended appointments of its two members.

Published 11 Jan, 2017 07:08am

General News

Bajwa speaks to commanders

RECORDER REPORT%D%ALAHORE: Chief of Army Staff, General Qamar Bajwa chaired the 198th Corps Commanders' meeting in General Headquarters on Tuesday.

Published 11 Jan, 2017 07:05am