News Archives for Latest - 2017-01-12

Financial

Wall St set for worst day in 2017 as Trump-trade fizzles

NEW YORK: US stock moved off their session lows around midday on Thursday, but were still set for their worst day this year as the lack of details on economic policy in Donald Trump's speech hit investors optimism and winded a post-election rally.

Published 12 Jan, 2017 07:14pm

North America

US Senate panel backs waiver allowing Mattis to serve as defence secretary

WASHINGTON: The US Senate Armed Services Committee backed a waiver on Thursday that will allow James Mattis to serve as President-elect Donald Trump's secretary of defense, despite having retired as a Marine General in 2013.

Published 12 Jan, 2017 07:13pm

Energy

Oil rises about 2pc on supply cuts, record China demand forecast

LONDON/NEW YORK: Oil prices rose nearly 2 percent on Thursday on news that key crude exporters, including Saudi Arabia and Russia, were cutting production as promised in a deal to reduce a global glut and on forecasts of record demand in China.

Published 12 Jan, 2017 07:09pm

Europe

Germany's Merkel says EU must boost security cooperation, funding

BRUSSELS: German Chancellor Angela Merkel called on European Union members on Thursday to increase their security and defence cooperation because there was no "guarantee of perpetuity" in relations with the United States.

Published 12 Jan, 2017 07:08pm

Commodities

European vegoils-Palm oil mixed ahead of USDA data

ROTTERDAM: Palm oil offers on the European vegetable oils market were mixed on Thursday ahead of fresh USDA supply/demand and quarterly stocks data, which was issued too late in the afternoon for European players to react to.

Published 12 Jan, 2017 07:07pm

Money & Banking

Yellen had 'super risky' proposal for Fed's 2011 low-rate vow

FRANCISCO/WASHINGTON: Faced with sharply deteriorating economic conditions in 2011 after ending their second bond-buying program, Federal Reserve policymakers made an unprecedented bid to shore up the recovery by promising to keep rates low until at least

Published 12 Jan, 2017 07:05pm

Commodities

EU wheat ends higher as USDA sees steep fall in US area

PARIS: European wheat futures closed slightly higher on Thursday after the US government gave a lower-than-expected estimate of winter wheat sowings in the United States.

Published 12 Jan, 2017 07:02pm

Commodities

European feeds-Soymeal ease ahead of USDA reports

ROTTERDAM: Soymeal on the European meals and feeds market eased on Thursday ahead of fresh USDA supply/demand and quarterly stocks reports, which were issued too late in the European afternoon on Thursday for players to react to.

Published 12 Jan, 2017 07:00pm

North America

French far-right's Le Pen at Trump Tower; 'no meetings'

NEW YORK: Far-right French presidential candidate Marine Le Pen was spotted at Donald Trump's New York headquarters building Thursday but aides to the US president-elect said no meetings were planned.

Published 12 Jan, 2017 06:56pm

North America

Trump defends clothing retailer against boycott calls

NEW YORK: President-elect Donald Trump dived back into the world of business on Thursday by urging people to buy from a US retailer facing boycott calls because a board member donated to his campaign.

Published 12 Jan, 2017 06:54pm

Pakistan Top News

US sanctions 18 over Syrian chemical weapons use: White House

WASHINGTON: The United States announced sanctions Thursday against 18 senior Syrian military officers and officials over the use of chemical weapons.

Published 12 Jan, 2017 05:15pm

Europe

British PM to make major Brexit speech

LONDON: British Prime Minister Theresa May will make a major speech next week setting out further details on her plan for leaving the European Union, Downing Street said on Thursday.

Published 12 Jan, 2017 05:13pm

Commodities

Gold brushes 7-week peak on weak dollar after Trump briefing

LONDON: Gold surged above $1,200 an ounce to its highest level in seven weeks on Thursday as the dollar fell following US President-elect Donald Trump's long-awaited news briefing the day before.

Published 12 Jan, 2017 05:03pm

Financial

Nigeria stock exchange says working with MTN on 2017 listing

LAGOS: Nigeria's stock exchange (NSE) is working "very closely" with South African cell operator MTN on a listing of its shares in the country this year, the head of the bourse said on Thursday.

Published 12 Jan, 2017 05:02pm

Energy

Oil price forecasts for 2017, 2018 rise as downside risks fall

LONDON: Energy professionals have become less bearish about the outlook for oil prices in 2017 and 2018 as downside risks have fallen, an annual survey by Reuters shows.

Published 12 Jan, 2017 04:57pm

World

US weekly jobless claims rise; import prices push higher

WASHINGTON: The number of Americans filing for unemployment benefits rose less than expected last week and the underlying trend remained consistent with a tightening labor market that is starting to spur faster wage growth.

Published 12 Jan, 2017 04:55pm

Commodities

NY Cocoa rebounds on short covering, weak dollar

LONDON: New York cocoa rebounded sharply on Thursday after falling to a near four-year low a day earlier, with prices supported by short covering and a weaker dollar.

Published 12 Jan, 2017 04:53pm

World Top News

Erdogan calls for Turkish national mobilisation to defend lira

ANKARA/ISTANBUL: President Tayyip Erdogan accused Turkey's enemies on Thursday of using currency speculation to try to topple the state and urged the central bank to "thwart these games", saying it had all the tools it needed after the lira plunged to

Published 12 Jan, 2017 04:51pm

World Top News

Iran to buy 130 tonnes of uranium: nuclear official

TEHRAN: Iran has received authorisation from world powers to import 130 tonnes of natural uranium, Iran's Atomic Energy Organisation spokesman Behrouz Kamalvandi said Thursday.

Published 12 Jan, 2017 04:48pm

Cricket

Amla hits century in 100th Test

JOHANNESBURG: Hashim Amla made a century in his 100th Test match as he and JP Duminy put South Africa in command on the first day of the third and final Test against Sri Lanka on Thursday.

Published 12 Jan, 2017 04:44pm

World

Colombia's Santos names ex-police chief Naranjo as VP choice

BOGOTA: Colombian President Juan Manuel Santos named former national police chief and peace negotiator General Oscar Naranjo as his pick to replace Vice President German Vargas Lleras, who is expected to stand down to pursue the presidency.

Published 12 Jan, 2017 04:35pm

North America

US Senate approves measure launching Obamacare repeal process

WASHINGTON: The US Senate on Thursday took a first concrete step toward dismantling Obamacare, voting to instruct key committees to draft legislation repealing President Barack Obama's signature health insurance program.

Published 12 Jan, 2017 04:33pm

Financial

Saudi edges up in volatile trade as oil recovers, Egypt hits record

DUBAI: Saudi Arabia's stock market edged higher in volatile trade on Thursday but suffered its worst weekly decline since September, while Egypt extended its bull run as international funds accumulated shares.

Published 12 Jan, 2017 04:29pm

Money & Banking

UniCredit says will complete cash call in time for bond payouts

MILAN/ROME: The chief executive of Italy's biggest bank UniCredit pledged on Thursday to complete a 13 billion euro ($14 billion) share issue by March 10, in time to make payouts due on high-risk bonds that came under pressure on the market.

Published 12 Jan, 2017 04:28pm

Markets

Bullion Prices on Thursday

Gold Tezabi Silver Tezabi

Published 12 Jan, 2017 04:03pm

Pakistan

Dar, Google director discuss collaboration for economic digitalization

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar and Google Director Ann Lavin Wednesday discussed possibilities of collaboration in digitalization of economic activities in Pakistan.

Published 12 Jan, 2017 04:01pm

Pakistan

SC directs Secretary Estab to submit report over NAB appointments, promotions

ISLAMABAD: The Supreme Court on Thursday directed the Secretary Establishment Division to submit a report regarding appointments on deputation and promotions in the National Accountability Bureau (NAB) in a month.

Published 12 Jan, 2017 04:01pm

Financial

Dollar tumbles, bonds rebound as Trump traction fades

LONDON: The US dollar nursed widespread losses on Thursday after President-elect Donald Trump's long-awaited news briefing gave little clarity on future fiscal policies, disappointing bulls who had bet on major stimulus.

Published 12 Jan, 2017 03:54pm

Commodities

Dry weather speeds up soybean harvest in Brazil

CAMPO VERDE: Long queues of trucks loaded with soybeans have been forming in front of elevators in the heart of Brazil's grain belt this week, a sure sign the harvest is speeding up and will soon pour an expected record volume of the oilseed into the

Published 12 Jan, 2017 03:51pm

Commodities

CBOT Trends-Wheat steady-down 1, corn down 1-3, soybeans steady-up 1

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

Published 12 Jan, 2017 03:48pm

Financial

C$ rises to near 3-month high on oil; dollar slides

TORONTO: The Canadian dollar strengthened to a near 3-month high against its US counterpart on Thursday as oil prices rose and the greenback extended losses that began after US President-elect Donald Trump's news conference a day earlier.

Published 12 Jan, 2017 03:45pm

Financial

TSX down as bank declines offset resource stock gains

TORONTO: Canada's main stock index turned lower in early trade on Thursday as losses among heavyweight financial stocks offset gains in mining and energy companies as commodity prices rose.

Published 12 Jan, 2017 03:43pm

Europe

Spain will work to defend rights of its citizens in wake of Brexit

MADRID: Spain will work to defend the rights of its citizens in the wake of Britain's exit from the European Union, Prime Minister Mariano Rajoy said on Thursday in a joint press conference with his Irish counterpart Enda Kenny.

Published 12 Jan, 2017 03:42pm

Industry

Uber for tech financial analysis proves elusive

NEW YORK: If only there was an Uber for analyzing tech unicorns.

Published 12 Jan, 2017 03:40pm

Europe

Syrian ceasefire largely holding, aid not going in: UN

GENEVA: The ceasefire in the Syria war is holding for the most part but humanitarian aid is still not getting through to besieged areas where food is running out, the UN envoy said on Thursday.

Published 12 Jan, 2017 03:37pm

Financial

US stocks off to worst start in 2017 after Trump speech

NEW YORK: Wall Street's main indexes on Thursday got off to their worst start this year after Donald Trump gave little clarity on his promises for economic growth that had powered a record-breaking rally on Wall Street for two months.

Published 12 Jan, 2017 03:36pm

Industry

AT&T chief executive at Trump Tower to discuss Time Warner merger

NEW YORK: AT&T chief executive Randall Stephenson on Thursday visited Trump Tower in New York for talks over the company's planned merger with Time Warner Inc, according to a source, a deal which has been criticized by President-elect Donald Trump.

Published 12 Jan, 2017 03:34pm

Financial

US yields fall ahead of 30-year bond sale

NEW YORK: US Treasury debt yields declined on Thursday, with the 30-year yield hitting a two-month low in advance of $12 billion of 30-year bond supply, the final leg of this week's $56 billion in longer-dated government debt supply.

Published 12 Jan, 2017 03:30pm

North America

Trump says intelligence director denounced 'fictitious' report

WASHINGTON: US President-elect Donald Trump said on Thursday that US Director of National Intelligence James Clapper called him to denounce the "false and fictitious" report about a dossier that makes salacious, unverified claims about him in Russia.

Published 12 Jan, 2017 03:28pm

Industry

Amazon submits against India, after Sushma Swaraj threat

MUMBAI: Amazon.

Published 12 Jan, 2017 02:42pm

Pakistan Top News

LHC stays execution of mentally ill man

%D%AISLAMABAD: A Pakistani court Thursday stayed the execution of a schizophrenic man, his lawyers said, days before he was set to face the gallows.

Published 12 Jan, 2017 02:35pm

Pakistan Top News

PM advises opponents not to hamper way of economic development

NAROWAL: Prime Minister Muhammad Nawaz Sharif Thursday called upon his political opponents to stop telling lies on daily basis, and not to hinder the way of country's economic development.

Published 12 Jan, 2017 02:32pm

Business & Economy

Country's wheat demand reaches 25 million tons: Senate told

ISLAMABAD: Minister for National Food Security and Research Sikandar Hayat Khan Bosan Thursday informed the Senate that during the last year the demand of wheat in the country was 25 million tons against the production of 25.

Published 12 Jan, 2017 02:15pm

Cricket

Former captain questions Mohammad Amir's inability to swing

Pakistan former captain and opening batsman Aamer Sohail has been critical of fast bowler Mohammad Amir, saying that the left-hander is a shadow of his former self, as he is unable to swing the ball.

Published 12 Jan, 2017 01:16pm

Front Top News

PTI fails to prove four allegations against Prime Minister: Talal

ISLAMABAD: Pakistan Muslim League-Nawaz leader Muhammad Talal Chaudhry on Thursday said that Pakistan Tehreek-e- Insaf failed againto prove allegations of money laundering, corruption, tax evasion and hiding assets levelled against Prime Minister Muhammad

Published 12 Jan, 2017 01:11pm

Business & Economy

Exporters urged to take benefit of incentive package

ISLAMABAD: Finance Minister Senator Mohammad Dar Thursday urged exporters to make all efforts to benefit from the export incentive package announced by the prime minister the previous day.

Published 12 Jan, 2017 01:05pm

Life & Style

Atif Aslam's 'Pehli Dafa' draws ire of BJP in India

Pakistani singer Atif Aslam has come with his new music video Pehle Dafa, which has been produced by an Indian music label, featuring Atif and Bollywood actor Ileana DCruz, has not gone down too well with Indias ruling Bharatiya Janata Party (BJP).

Published 12 Jan, 2017 12:40pm

Financial

Trump policy vacuum sends dollar skidding lower

LONDON: The dollar sank to a five-week low below 114 yen on Thursday and was on course for its worst week since November, hit by a loss of confidence in the U.

Published 12 Jan, 2017 11:55am

Financial

JGBs gain as Tokyo stocks sag, Treasuries rise

TOKYO: Japanese government bond prices gained slightly on Thursday, supported by a rise in Treasuries and as Tokyo stocks retreated to two-week lows following U.

Published 12 Jan, 2017 11:53am

Managed Funds

Euro zone bond yields tumble, reflation trades suffer setback after Trump

LONDON: German bond yields moved further away from recent three-week highs on Thursday, after U.

Published 12 Jan, 2017 11:53am

Industry

Russian auto sales fall 11pc in 2016

MOSCOW: Car sales in Russia fell 11 percent in 2016, an industry group said Thursday, while predicting that the crisis-hit sector would bounce back modestly this year.

Published 12 Jan, 2017 11:51am

Middle East

Netanyahu calls Paris peace conference 'rigged'

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu called this weekend's Middle East peace conference in Paris "rigged" on Thursday, with his government refusing to play any role in the meeting.

Published 12 Jan, 2017 11:51am

Europe

Germany to return new asylum seekers to Greece from March

BERLIN: Germany will begin returning asylum seekers to Greece from mid-March, an interior ministry spokesman told AFP Thursday, essentially lifting a five-year suspension on such transfers because of poor conditions there.

Published 12 Jan, 2017 11:49am

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Thursday having 49517.

Published 12 Jan, 2017 11:49am

Arts

At last China succeeds in developing ballpoint pen tips

At last after years of hard work and research China has been able to manufacture its very own ballpoint pen tips, ending a long-term reliance on imported ones.

Published 12 Jan, 2017 11:38am

Industries & Sectors

3G/4G users touches 36.41mn mark

ISLAMABAD: The number of 3G and 4G users in the country had reached 36.

Published 12 Jan, 2017 11:29am

Arts

End of the world prophecy comes true?

During the past week, bizarre and serious snowfall has been hitting a southern Italian town, which is usually a clement and sunny part of the world. %D%A%D%A

Published 12 Jan, 2017 11:16am

Life & Style

US successfully tests one of world's largest micro-drones swarms

WASHINGTON: The US department of Strategic Capabilities Office (SCO) has successfully tested one of the world's largest micro-drone swarms, which will give the United States an edge over its adversaries.

Published 12 Jan, 2017 11:13am

Life & Style

Shah Rukh Khan, Salman Khan reunite on the big screen

Bollywood superstars Shah Rukh Khan and Salman Khan haven't shared screen space in a film for over a decade.

Published 12 Jan, 2017 11:10am

Pakistan Top News

Pakistan, Kyrgyzstan can jointly achieve CAREC's development goals: PM

ISLAMABAD: Prime Minister Nawaz Sharif on Thursday said Pakistan and Kyrgyzstan being members of Central Asia Regional Economic Cooperation (CAREC) can jointly achieve the goals in areas including transport, energy, and trade policy to alleviate poverty i

Published 12 Jan, 2017 10:44am

Pakistan Top News

PM welcomes proposal of ferry service between Karachi, Muscat

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday welcomed the proposal to start a ferry service between Karachi, Gwadar and Oman's capital Muscat.

Published 12 Jan, 2017 10:16am

Industries & Sectors

Rs25bn earmarked for gas infrastructure development

ISLAMABAD: The government has allocated Rs25 billion for the development of gas infrastructure across the country including the much-awaited Iran-Pakistan (IP) gas pipeline project.

Published 12 Jan, 2017 10:13am

General News

Japanese Engineer found dead in Multan

MULTAN: A Japanese national was found dead on Thursday morning after falling from roof of the hotel he was staying in, a police official said.

Published 12 Jan, 2017 10:05am

Cricket

Miandad calls Azhar Ali to show leadership against Aussies

ISLAMABAD: Former batting legend Javed Miandad fears Pakistan five-match ODI series against Australia starting in Brisbane from Friday, wont be an easy one and the green-shirts would have to play with all their might to save them from going into the quali

Published 12 Jan, 2017 10:04am

Pakistan Top News

Mysterious disappearances continue, rights activist Samar Abbas reported missing

ISLAMABAD: A fifth Pakistani rights activist has gone missing, his colleagues said on Thursday, as the United Nations raised concerns over shrinking freedoms for campaigners.

Published 12 Jan, 2017 09:52am

Featured Photos

Gaze Through by Kat Irlin

Photo Credit: Kat Irlin%D%AKat Irlin is a talented Russian self-taught fashion, lifestyle and portrait photographer who currently lives and works in New York City.

Published 12 Jan, 2017 09:40am

Miscellaneous

Textile package: Garment is the key!

It was long due; finally, the PM's focus is on dwindling exports.

Published 12 Jan, 2017 09:40am

Featured Photos

Flume 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 12 Jan, 2017 09:36am

Miscellaneous

Autos: Tepid half-year; but don't despair.

The auto sector wrapped up half year sales with 122,347 units for passenger cars, commercial vehicles and tractors, a 3.

Published 12 Jan, 2017 09:36am

Miscellaneous

Remittances under duress?

Remittances have also joined the worries; along with the already falling exports and declining FDI, the inflows from Pakistanis abroad - that the country has for long relied upon - are have started weakening as well.

Published 12 Jan, 2017 09:33am

Featured Photos

Juxtaposed Castle by Loc Lagarde

Photo Credit: Loc Lagarde%D%ALoc Lagarde is a talented photographer and world traveler from Le Croisic, who currently based Paris, France.

Published 12 Jan, 2017 09:33am

Miscellaneous

Cotton imports open!

With the announcement of the export package yesterday now comes duty free import of cotton something that the yarn manufacturers have been demanding for quite some time, particularly in light of another season of low cotton production.

Published 12 Jan, 2017 09:31am

Featured Photos

The Duality That Is by Loc Lagarde

Photo Credit: Loc Lagarde%D%ALoc Lagarde is a talented photographer and world traveler from Le Croisic, who currently based Paris, France.

Published 12 Jan, 2017 09:30am

Featured Photos

The Road To Awe by Loc Lagarde

Photo Credit: Loc Lagarde %D%ALoc Lagarde is a talented photographer and world traveler from Le Croisic, who currently based Paris, France.

Published 12 Jan, 2017 09:26am

Featured Photos

Victorious Landings 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 12 Jan, 2017 09:23am

Featured Photos

Skeletor by Adam Bakay

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

Published 12 Jan, 2017 09:19am

Featured Photos

Lurking Reflection by Kat Irlin

Photo Credit: Kat Irlin%D%AKat Irlin is a talented Russian self-taught fashion, lifestyle and portrait photographer who currently lives and works in New York City.

Published 12 Jan, 2017 09:15am

Featured Photos

The Cabbie by Kat Irlin

Photo Credit: Kat Irlin%D%AKat Irlin is a talented Russian self-taught fashion, lifestyle and portrait photographer who currently lives and works in New York City.

Published 12 Jan, 2017 09:13am

Cricket

Ali eyes World Cup, as Pakistan desperate for wins

It seems that the embarrassing whitewash at the hands of Australia was not enough for Pakistan, which now risks crashing out of World Cup, if it didnt win against the Aussies in the 50 overs format.

Published 12 Jan, 2017 09:04am

Asia

US, Australian hostages appear in Afghan Taliban video

KABUL: An American and an Australian have appeared in a Taliban hostage video, five months after they were kidnapped from Kabul.

Published 12 Jan, 2017 08:48am

North America

Trump's secretary of state pick hits out at China

WASHINGTON: Donald Trump's secretary of state pick Rex Tillerson hit out at China Wednesday during his Senate confirmation hearing, warning the US would send a "clear signal" that the Asian giant must abandon its artificial islands in the South China

Published 12 Jan, 2017 08:43am

General News

Governor Sindh Namaz-e-Janaza to be offered on Friday

KARACHI: The Namaz-e-Janaza of the Governor Sindh, Justice (Retd) Saeed-uz-Zaman Siddiqui, who passed away at the age of 78 on Wednesday due to illness, will be offered on Friday after Juma prayers.

Published 12 Jan, 2017 08:36am

Front Top News

Intel community not source of Trump leaks: Top US spy

WASHINGTON: US intelligence chief James Clapper on Wednesday expressed "profound dismay" to Donald Trump over leaked details of a security briefing that reportedly contained explosive but unsubstantiated allegations about the president-elect.

Published 12 Jan, 2017 08:24am

Front Top News

PM's package has revenue impact of Rs 100 billion

SOHAIL SARFRAZ%D%AISLAMABAD: The export incentive package announced by Prime Minister Nawaz Sharif constitutes a revenue imp-act of around Rs 100 billion on government.

Published 12 Jan, 2017 08:20am

Financial

Tokyo stocks down as drugmakers hit by Trump comments

TOKYO: Tokyo stocks closed down Thursday as drugmakers were hit by US President-elect Donald Trump's warning that the US pharmaceutical sector was "getting away with murder" in overcharging and sending production capacity overseas.

Published 12 Jan, 2017 08:17am

Front Top News

Samsung heir quizzed as suspect in Park scandal

SEOUL: Samsung heir Lee Jae-Yong was grilled by South Korean prosecutors Thursday after becoming a criminal suspect in the corruption scandal engulfing impeached President Park Geun-Hye.

Published 12 Jan, 2017 08:14am

Industry

Tesco announces rising sales during key trading period

LONDON: Supermarket chain Tesco, Britain's biggest retailer, announced Thursday rising sales during the festive period, which followed a strong third quarter.

Published 12 Jan, 2017 08:10am

Cricket

West Indies to host Pakistan with eye on rankings

West Indies will host a full series, including three tests, against Pakistan beginning on March 31, the West Indies Cricket Board (WICB) has said.

Published 12 Jan, 2017 07:54am

Front Top News

Panamagate Case: SC directs PM's lawyer to satisfy bench over statements

The Supreme Court of Pakistan has resumed the hearing of Panama Papers case on Thursday as Prime Minister Nawaz Sharifs counsel Makhdoom Ali Khan is submitting his arguments.

Published 12 Jan, 2017 07:53am

Business & Economy

Philippines buys around 50,000 tonnes of rice from Pakistan, Vietnam

MANILA: Philippine grains traders have purchased just over 53,000 tonnes of rice from Thailand and Vietnam in recent weeks, looking to boost supply in the wake of typhoons that destroyed local crops in the last quarter of 2016, the government said on Thur

Published 12 Jan, 2017 07:49am

Pakistan Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Thursday, until mid day, KSE-100 Index was at 49569.

Published 12 Jan, 2017 07:37am

Technology

No more drilling, 'miracle drug' completely regenerates human teeth

Researchers have now identified and created a drug that can regenerate teeth for us humans from the inside out, reducing the need for dental appointments for artificial fillings if not completely eradicating the former. %D%A%D%A

Published 12 Jan, 2017 07:07am

Money & Banking

Bitcoin plunges as China investigates exchanges

BEIJING: Bitcoin prices plummeted after China's central bank announced it was investigating exchange platforms trading in the virtual currency.

Published 12 Jan, 2017 06:42am

Sports

Murray, Kerber top seeds at Australian Open

MELBOURNE: World number ones Andy Murray and Angelique Kerber were named the top seeds on Thursday for next week's Australian Open with organisers aligning with the current rankings.

Published 12 Jan, 2017 06:41am

Football

Japan striker Miura signs to play into his 50s

TOKYO: Former Japan striker Kazuyoshi Miura, who turns 50 next month, has renewed his contract with Yokohama FC, stretching his record as the oldest Japanese to play professional football.

Published 12 Jan, 2017 06:35am

Cricket

Pakistan blow as Sarfraz leaves Australia tour

BRISBANE: Sarfraz Ahmed has become the second Pakistan player forced to return home this week in a troubled lead-up to Friday's opening one-day international against Australia in Brisbane.

Published 12 Jan, 2017 06:32am

Currency

PSX 2016 Review:

The Pakistan Stock Exchange (PSX) witnessed a landmark year in 2016. The benchmark KSE-100 index soared up 45.7 percent, which made it the top performing index in the region. Globally, the KSE-100 took the fifth spot below turnaround stories from South Am