News Archives for Latest - 2017-01-16

Life & Style

BMW will open Mexican factory in 2019 despite Trump

MUNICH: BMW will stick to plans to open a Mexican plant in 2019 despite warnings by US President-elect Donald Trump to slap a border tax on the German brand's vehicles made in Mexico and destined for the United States, an executive said.

Updated 09 May, 2018 10:02pm

General News

Sectors identified under Vision 2025 to boost country's economy: Senate told

ISLAMABAD: Minister for Planning, Developing and Reforms Ahsan Iqbal Monday informed the Senate that various sectors were identified under Vision 2025 to boost economy adding that Pakistan's economy would be among top 25 economies of the world.

Published 16 Jan, 2017 08:51pm

General News

CM for innovative measures to resolve traffic issues

LAHORE: Chief Minister Punjab Muhammad Shehbaz Sharif on Monday ordered the authorities concerned to take immediate measures to declare five thorough-fares of Lahore model roads, and ensure smooth traffic flow on The Mall as well.

Published 16 Jan, 2017 08:50pm

General News

PTI should wait for SC's verdict on Panama Papers: Irfan

ISLAMABAD: Advisor to the Prime Minister on National History and Literary Heritage Irfan Siddiqui Monday said Pakistan Tehreek-i-Insaf (PTI) should wait for the verdict of Supreme Court regarding Panama Papers case.

Published 16 Jan, 2017 08:50pm

General News

180 MW power generation project approved under CPEC for GB:CM

ISLAMABAD: Chief Minister Gilgit-Baltistan Hafiz Hafeez-ur-Rehman on Monday said that 180 Mega Watt(MW) power generation project was approved under China-Pakistan Economic Corridor (CPEC) exclusively for Gilgit-Baltistan (GB).

Published 16 Jan, 2017 08:49pm

General News

PML-N not seeking any immunity: Talal

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Member National Assembly Talal Chaudhry Monday said that PML-N had not appealed about any immunity in the Supreme Court.

Published 16 Jan, 2017 08:34pm

General News

Turkey most reliable friend: Punjab Governor

LAHORE: Turkish Consul General (C.

Published 16 Jan, 2017 08:34pm

Sports

Tennis: Enter Serena - and intense heat

MELBOURNE: Serena Williams and Novak Djokovic both face a tough start to their attempts for record-breaking titles at the Australian Open on Tuesday, where temperatures are forecast to soar on day two.

Published 16 Jan, 2017 08:31pm

Energy

Oil up on Saudi commitment to cut; US output seen rising

CALGARY: Oil prices settled up on Monday, as Saudi Arabia's commitments to reducing production offset a report forecasting US output would again rise this year.

Published 16 Jan, 2017 08:26pm

Football

Football: Champions Ivory Coast disappoint in Togo draw

OYEM: Ivory Coast made a disappointing start to their Africa Cup of Nations title defence Monday when held 0-0 by lowest Group C seeds Togo in Gabonese town Oyem.

Published 16 Jan, 2017 08:19pm

Europe

Four police killed in Turkey roadside bomb attack: official

DIYARBAKIR: Four police officers were killed and two others wounded when a roadside bomb exploded Monday as a police vehicle passed by in Kurdish-majority southeastern Turkey, the local governor's office said.

Published 16 Jan, 2017 08:13pm

Pakistan Top News

Kerry tells CNN Trump criticism of Merkel 'inappropriate'

LONDON: Outgoing US Secretary of State John Kerry said Monday that President-elect Donald Trump had been wrong to criticise "courageous" German leader Angela Merkel, calling his remarks "inappropriate".

Published 16 Jan, 2017 08:11pm

Africa

Morocco parliament elects speaker in absence of new govt

RABAT: Morocco's parliament elected a new speaker on Monday, three months after elections that left the country, which aims to rejoin the African Union, without a government.

Published 16 Jan, 2017 08:09pm

North America

Darfur rebel groups retreat to Libya, South Sudan: UN report

UNITED NATIONS: Two rebel groups driven out of Darfur by a Sudanese military offensive now operate mostly in Libya and South Sudan but hope to return to fight again, a UN report said Monday.

Published 16 Jan, 2017 08:08pm

North America

Biden urges Trump to keep up cancer campaign

DAVOS: US Vice President Joe Biden, speaking just days before he leaves office, on Monday urged the incoming Trump administration to maintain his national fight to eradicate cancer.

Published 16 Jan, 2017 08:08pm

World Top News

EU 'has no need for outside advice,' France's Hollande says of Trump

PARIS: French President Francois Hollande replied bluntly on Monday to Donald Trump's criticism of the European Union, saying the EU "has no need for outside advice" on its affairs.

Published 16 Jan, 2017 08:04pm

Europe

Italy in talks with EU over budget deficit: sources

MILAN: Italy is in discussions with the European Commission to try to prevent Brussels imposing penalties over Rome's management of its public finances, sources close to the talks said Monday.

Published 16 Jan, 2017 08:03pm

Football

Football: Russians sign Brazilian Adriano from Milan

MOSCOW: Russian Premier League table-toppers Spartak Moscow have signed Brazilian international forward Luiz Adriano from AC Milan, the Moscow club said on Monday.

Published 16 Jan, 2017 08:02pm

Financial

Turkish banks use 11bn lira from central bank's late liquidity window

ANKARA: Turkish banks have used 11 billion lira ($2.

Published 16 Jan, 2017 08:00pm

Sports

Wawrinka survives scare to reach second round

MELBOURNE: Switzerland's Stan Wawrinka survived a scare from Slovakia's Martin Klizan on Monday, fighting back from a break down in the final set to move into the Australian Open second round with a 4-6 6-4 7-5 4-6 6-4 victory.

Published 16 Jan, 2017 07:59pm

Money & Banking

Tanzania seeks $200mn World Bank loan to clear arrears of state utility

DAR ES SALAAM: Tanzania is seeking a loan of $200 million from the World Bank for debt-ridden state power supplier TANESCO, the country's energy ministry said on Monday, two weeks after the president refused to allow the utility to hike prices to cove

Published 16 Jan, 2017 07:58pm

Financial

Polish bonds firm after credit ratings affirmed

BUDAPEST/WARSAW: Polish government bonds firmed on Monday after Fitch affirmed the country's 'A-' credit rating on Friday, with stable outlook, and Moody's did not update its own rating.

Published 16 Jan, 2017 07:57pm

Energy

Oil prices under pressure on doubts over output cuts

LONDON: Oil prices were under pressure on Monday due to doubts that large oil producers will reduce production as promised and on expectations that US production would increase again this year.

Published 16 Jan, 2017 07:57pm

Energy

Oil prices slip on doubts over output cuts

LONDON: Oil prices slipped on Monday, pressured by doubts that large oil producers will reduce production as promised and on expectations that US production would increase again this year.

Published 16 Jan, 2017 07:56pm

Financial

Sinking banks drag down Saudi stocks, rest of region mixed

DUBAI: A slide in banking shares after earnings at a major bank missed analysts' estimates dragged down Saudi Arabia's stock market on Monday, while markets in the rest of the region were mixed.

Published 16 Jan, 2017 07:55pm

World

Kenya's economy to grow at a slower pace this year: IMF Rep

NAIROBI: Kenya's economic growth rate will slow in 2017, from about 6 percent last year, due to sluggish credit growth and as investors take a wait-and-see attitude before a presidential election in August, a senior IMF official said on Monday.

Published 16 Jan, 2017 07:54pm

Front Top News

Iran sticks to deadline of nuclear deal with centrifuge move: IAEA

VIENNA: Iran has complied with a deadline set by its landmark nuclear deal with world powers by removing hundreds of centrifuges, machines that enrich uranium, from a site buried deep inside a mountain, the UN atomic agency said on Monday.

Published 16 Jan, 2017 07:54pm

World Top News

IMF upgrades China growth estimate on stimulus, downgrades India after cash crunch

BEIJING: The International Monetary Fund on Monday raised its forecast for China's economic growth this year by 0.

Published 16 Jan, 2017 07:52pm

Money & Banking

Deutsche Bank to price 1.5bn five-year senior at 150bp over mid

LONDON: Deutsche Bank will price a five-year senior unsecured bond in a 1.

Published 16 Jan, 2017 07:51pm

Energy

China's crude oil juggernaut to roll on, but more slowly: Russell

LAUNCESTON: There is little doubt China's crude oil imports enjoyed a robust 2016, hitting a record high.

Published 16 Jan, 2017 07:50pm

Energy

Asia Fuel Oil-Buying interest boosts 380-cst premiums further

SINGAPORE: Cash premiums of Asia's 380-cst fuel oil rose for a fourth consecutive session on Monday, lifted by continued buying interest for prompt cargoes and improved market sentiment.

Published 16 Jan, 2017 07:48pm

Industry

Airbus CEO sees 'flying car' prototype ready by end of year

MUNICH: Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive said on Monday.

Published 16 Jan, 2017 07:47pm

North America

Obama warns Trump not to jettison Iran nuclear deal

WASHINGTON: US President Barack Obama on Monday marked the first anniversary of the nuclear deal with Iran by emphasizing its "significant and concrete results" and warning the incoming Trump administration against undoing a pact supported by the world&#3

Published 16 Jan, 2017 05:35pm

Financial

Stocks retreat as pound tanks on Brexit fear

LONDON: The pound slumped Monday on reports British Prime Minister Theresa May was ready to take the country out of the European Union in a so-called "hard Brexit".

Published 16 Jan, 2017 05:34pm

General News

PM to share Pakistan's economic success with world leaders, top businessmen

ZURICH: Prime Minister Muhammad Nawaz Sharif would apprise the world leaders and top investors of the success of Pakistan's economic policies and the remarkable turnaround that has amazed the global financial institutions, Ambassador Tehmina Janjua sa

Published 16 Jan, 2017 04:49pm

Pakistan Top News

PM does not seek any immunity from court in Panama Papers case: Mussadiq

ISLAMABAD: Spokesperson to the Prime Minister Dr.

Published 16 Jan, 2017 04:48pm

World Top News

Pakistan accords importance to its relations with US to counter terrorism: Bajwa

RAWALPINDI: Pakistan has undertaken operations against terrorists of all hue and colour and accords importance to its relations with US, particularly cooperation in counter-terrorism and regional stability.

Published 16 Jan, 2017 04:45pm

General News

FBR to initiate new reforms to strengthen economy

ISLAMABAD: Chairman Federal Board of Revenue (FBR), Nisar Muhammad Khan said Monday that reforms were being initiated in various sectors to strengthen the country's economy.

Published 16 Jan, 2017 04:43pm

Business & Economy

Govt charging zero sales tax on Light Diesel, Kerosene oil: Dar

ISLAMABAD: Minister for Finance, Revenue and Economic Affairs, Muhammad Ishaq Dar on Monday said the government is charging zero sales tax on light diesel oil and kerosene oil to provide relief to poor consumers.

Published 16 Jan, 2017 03:06pm

Pakistan

No space for terrorism, sectarianism in Pakistan: CM

LAHORE: Chief Minister Muhammad Shehbaz Sharif has said that there is no space for terrorism, extremism and sectarianism in Pakistan.

Published 16 Jan, 2017 03:03pm

General News

Census phase-I to start from Karachi, Hyderabad, Ghotki from March 15

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that there are legal and political impacts of census because it provides basis for political representation in the assemblies, delimitation of constituencies, basis for distribution of funds from

Published 16 Jan, 2017 03:03pm

Front Top News

Convoy of Qatar royal hunting houbara bustard attacked in Balochistan

%D%AQUETTA: A group of Pakistani villagers brandishing guns and knives attacked the convoy of a Qatar royal family member on an expedition to hunt the houbara bustard, a rare bird whose meat is prized by Arab sheikhs, officials said on Monday.

Published 16 Jan, 2017 02:56pm

Money & Banking

JPMorgan looks for big payoff from lead in deposit race

NEW YORK: Over the past five years, stock analysts have challenged JPMorgan Chase & Co executives for keeping so many branches open as customers did more and more banking online.

Published 16 Jan, 2017 02:43pm

Europe

UK PM May to appear in April edition of US Vogue

LONDON: British Prime Minister Theresa May is to appear in the April edition of US fashion magazine Vogue, her office said.

Published 16 Jan, 2017 02:40pm

Europe

Russia discusses Syria peace talks with UN deputy special envoy

MOSCOW: Deputy Russian Foreign Minister Mikhail Bogdanov on Monday discussed preparations for forthcoming Syrian peace talks in Kazakhstan with UN Deputy Special Envoy for Syria Ramzy Ezzeldine Ramzy, the Russian Foreign Ministry said.

Published 16 Jan, 2017 02:38pm

Industry

Emirates to open up Dubai luxury lounges to lower-tier frequent flyers

DUBAI: Emirates is opening up its lounges at its Dubai hub to lower-tier frequent flyer members in what is the latest move by the world's largest long-haul airline to look for new ways to boost revenues.

Published 16 Jan, 2017 02:33pm

Financial

Sterling skids to three-month low as hard Brexit fears bite

LONDON: Sterling skidded to its lowest levels - bar a "flash crash" in October - in 32 years on Monday, hit by fears that Prime Minister Theresa May will say on Tuesday that Britain is set for a "hard" Brexit out of the EU and its single market.

Published 16 Jan, 2017 02:30pm

Commodities

London cocoa prices dip on weak European grind data

LONDON: London cocoa futures fell on Monday following a lower than expected fourth quarter European grind, while white sugar and robusta coffee edged up in thin volume with US markets shut.

Published 16 Jan, 2017 02:27pm

Financial

Investors turn wary as Brexit, Trump uncertainty grows

LONDON: Investors sold sterling and stocks in Europe and Asia on Monday, seeking shelter in gold and the Japanese yen as uncertainty over Britain's departure from the European Union and the policies of US President-elect Donald Trump curbed appetite f

Published 16 Jan, 2017 02:26pm

World Top News

Armed forces to respond in case of any surgical strikes: Asif

ISLAMABAD: Federal Defence Minister Khawaja Muhammad Asif Monday reiterated that Pakistan armed forces would respond with full force if India tries to carry out any surgical strikes inside Pakistan.

Published 16 Jan, 2017 02:23pm

Money & Banking

Czech central bank chief: inflation trend matters more than spot data

PRAGUE: The Czech central bank is more concerned with the inflation trend than with hitting a specific rate of price growth when considering when to lift its cap on the crown's exchange rate, Governor Jiri Rusnok was quoted as saying on Monday.

Published 16 Jan, 2017 02:23pm

Commodities

Trump helps gold scale highest levels since November

LONDON: Gold climbed on Monday to its highest level in more than seven weeks on buying fuelled by political uncertainty after US President-elect Donald Trump's comments on NATO and the "One China" policy.

Published 16 Jan, 2017 02:16pm

Commodities

Ivory Coast Oct-Nov cocoa product exports down 19pc

ABIDJAN: Ivory Coast exported 61,741 tonnes of semi-finished cocoa products in the first two months of the 2016/17 season, down more than 19 percent from the same period in the previous year, provisional port data showed on Monday.

Published 16 Jan, 2017 02:15pm

Commodities

Copper retreats after rally to five-week high

LONDON: Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and US data lifted the metal to a five-week high overnight.

Published 16 Jan, 2017 02:14pm

Europe

Merkel, responding to Trump, says Europe's fate is in its own hands

BERLIN: Europe's destiny lies in its own hands, German Chancellor Angela Merkel said on Monday in response to comments from US President-elect Donald Trump, who said in a newspaper interview he believed other countries would leave the EU after Britain

Published 16 Jan, 2017 02:12pm

World

Turkey could face double-digit inflation as lira falls

ANKARA: Turkish inflation could reach double digits in the first quarter for the first time in almost five years after the lira's falls, two senior economy officials said on Monday, potentially putting more pressure on the central bank to hike interes

Published 16 Jan, 2017 02:11pm

Europe

Germany's Schaeuble warns Trump over protectionism

BERLIN: German Finance Minister Wolfgang Schaeuble has issued a warning to US President-elect Donald Trump over the dangers of protectionist trade policies, adding that what he called "fake news" coming out of Russia amounted to a propaganda war.

Published 16 Jan, 2017 02:10pm

Cricket

Shahid Afridi takes a dig at Ian Chappell

Pakistans star all-rounder Shahid Afridi, who is well known throughout the cricketing world for his blunt and outspoken nature, took a cheeky jibe at Ian Chappell on Sunday.

Published 16 Jan, 2017 02:07pm

World

Morocco trade deficit rose 19.6pc in 2016

RABAT: Morocco's trade deficit rose 19.

Published 16 Jan, 2017 02:07pm

Pakistan Top News

Imran wont get any thing but disappointment: Marriyum Aurangzeb

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb said on Monday that PTI Chairman Imran Khan was contesting his case outside the court but he will get nothing except disappointment.

Published 16 Jan, 2017 01:45pm

Markets

Bullion Prices on Monday

Bullion Prices for Monday

Published 16 Jan, 2017 01:40pm

North America

Five dead in shooting at Mexico music festival: mayor

CANCN: A shooting erupted at an electronic music festival in the Mexican resort of Playa del Carmen early Monday, leaving at least five people dead and sparking a stampede, the mayor said.

Published 16 Jan, 2017 01:29pm

Pakistan

Senate condemns Modi's statement about Pakistan

ISLAMABAD: The Senate on Monday strongly condemned the statement of Indian Prime Minister Naredra Modi about attributing terrorism to Pakistan and reiterated there will be no compromise on defense and sovereignty of the country.

Published 16 Jan, 2017 12:42pm

General News

Polio eradication top priority of government: Murad

KARACHI: Elimination of polio virus from the local environs is the top priority of PPP government, said Syed Murad Ali Shah the Sindh Chief Minister here on Monday.

Published 16 Jan, 2017 12:41pm

Pakistan Top News

Imran has no evidence regarding Panama case: Daniyal

ISLAMABAD: Leader of Pakistan Muslim League (Nawaz) Daniyal Aziz Monday said that Pakistan Tehreek e Insaf (PTI) Chief Imran Khan does not have any evidence to prove anything in the court on Pannama case.

Published 16 Jan, 2017 12:40pm

Front Top News

PM Nawaz in Switzerland to participate in World Economic Forum

ZURICH: Prime Minister Muhammad Nawaz Sharif arrived here Monday to participate in the 47th World Economic Forum's annual meeting aimed at fostering greater social inclusion and human development.

Published 16 Jan, 2017 12:39pm

Sports

WWE mourns loss of another legend

The World Wrestling Entertainment-WWE lost one of its legend Jimmy Superfly Snuka, after he passed away at the age of 73 on Sunday.

Published 16 Jan, 2017 12:37pm

World Top News

NATO reiterates 'absolute confidence' in Trump security commitment

BRUSSELS: NATO on Monday reiterated its full confidence in the US security commitment to Europe, despite US President-elect Donald Trump sparking fresh uproar by saying the alliance was obsolete.

Published 16 Jan, 2017 12:18pm

Europe

Turkey unemployment highest in half decade

ISTANBUL: Turkey's unemployment rate in October was the highest since 2010, the statistical authorities said Monday, the latest in a slew of bleak indicators for the economy.

Published 16 Jan, 2017 12:17pm

Sports

Murray, Nishikori call for Davis Cup revamp

MELBOURNE: Andy Murray and Kei Nishikori said the Davis Cup badly needed an overhaul on Monday as concerns grow over its ability to attract top players.

Published 16 Jan, 2017 12:15pm

Industry

Saudi carrier Flynas signs deal for 80 Airbus planes

RIYADH: Low-cost Saudi carrier flynas on Monday signed an $8.6 billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-aisle jets.

Published 16 Jan, 2017 12:13pm

Front Top News

Pakistanis who fled army offensive to Afghanistan begin returning home

%D%APESHAWAR: Thousands of Pakistanis, who fled to Afghanistan to escape fighting between the army and militants in the northwestern tribal areas, began returning home Monday, two years after they were displaced, officials said.

Published 16 Jan, 2017 11:46am

Football

Brazilian star footballer prefers video games over real thing

To represent oneself among the best football clubs is the ultimate aim for most that pursue the game professionally.

Published 16 Jan, 2017 11:42am

Front Top News

'Pilot error' caused Turkish cargo plane crash; 37 killed

BISHKEK: The crash of a Turkish cargo plane in Kyrgyzstan that claimed at least 37 lives on Monday was caused by "pilot error," authorities in the Central Asian country said.

Published 16 Jan, 2017 11:00am

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Monday having 48888.

Published 16 Jan, 2017 10:58am

Life & Style

Love, marriage and break up, Priyanka Chopra reveals all

Global icon Priyanka Chopra will now appear in a next episode of Koffee with Karan and this time around she wont be diplomatic with her answers.

Published 16 Jan, 2017 10:56am

Featured Photos

Nuclear Winter by Chris Retro

Photo Credit: Chris Retro%Dhris Retro is a talented British self-taught photographer, artist, DJ, podcast host and educator currently lives and works in Berlin, Germany.

Published 16 Jan, 2017 10:53am

Featured Photos

Way To Absolution 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 16 Jan, 2017 10:50am

Featured Photos

Vintage Delight by Anna O

Photo Credit: Anna O%Dnna O is a talented self-taught photographer and artist based in Poland and shoots a lot of self-portraits, while being a master of feminine and melancholy photography.

Published 16 Jan, 2017 10:46am

Featured Photos

Floral Enigma by Anna O

Photo Credit: Anna O%Dnna O is a talented self-taught photographer and artist based in Poland and shoots a lot of self-portraits, while being a master of feminine and melancholy photography.

Published 16 Jan, 2017 10:45am

Cricket

Bangladesh captain fells after head blow

WELLINGTON: Bangladesh captain Mushfiqur Rahim suffered a head injury after he was felled by a bouncer on the final morning of the first Test in Wellington on Monday.

Published 16 Jan, 2017 10:37am

Featured Photos

Commute 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 16 Jan, 2017 10:34am

Featured Photos

Daily Bugle by Charles Brabin

Photo Credit: Charles Brabin%Dharles Brabin is a self-taught British photographer a scientist by background with a focus on urban and industrial environments, as well as landscapes and the natural world.

Published 16 Jan, 2017 10:31am

Front Top News

Imran accuses PML-N of taking 'U-turn' after PM's speech questioned in SC

%D%AISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said on Monday that Prime Minister Nawaz Sharif had told the Parliament that he will not choose immunity and stand accountable but his Pakistan Muslim League-Nawaz (PML-N) has taken the &#3

Published 16 Jan, 2017 10:30am

Featured Photos

Monotonous & Mundanity by Charles Brabin

Photo Credit: Charles Brabin%Dharles Brabin is a self-taught British photographer a scientist by background with a focus on urban and industrial environments, as well as landscapes and the natural world.

Published 16 Jan, 2017 10:28am

Industries & Sectors

OGDCL inject 100mmscfd gas, 400mt LPG, 4,000bpd oil in system

ISLAMABAD: The Oil and Gas Development Company (OGDCL) is all set to inject 100 million cubic standard feet per day (mmscfd) gas in the system, 400 metric tonnes of Liquefied Petroleum Gas (LPG) and 4,000 barrels per day (bpd) of crude oil during the curr

Published 16 Jan, 2017 10:27am

Featured Photos

Lines by Chris Retro

Photo Credit: Chris Retro%Dhris Retro is a talented British self-taught photographer, artist, DJ, podcast host and educator currently lives and works in Berlin, Germany.

Published 16 Jan, 2017 10:24am

Featured Photos

Polo Loco by Charles Lawson

Photo Credit: Charles Lawson%Dharles Lawson is a talented 28-year-old freelance photographer, designer and architect from Ghana, West Africas Gulf of Guinea.

Published 16 Jan, 2017 10:19am

Front Top News

Trump raises record $90 million for inauguration

NEW YORK: Donald Trump has raised a record $90 million to cover the costs of his presidential inauguration ceremony, according to US media reports.

Published 16 Jan, 2017 10:05am

Cricket

Australia remain clueless against Pakistan spin attack

After a horrendous Test whitewash and loss in the first One Day Internationals (ODI), Pakistan cricket team finally got their first taste of win last night ending their 12-year-long drought at the Melbourne.

Published 16 Jan, 2017 10:00am

Life & Style

Lindsay Lohan converted to Islam

Hollywood controversial actress Lindsay Lohan has converted to Islam, if her Instagram account is to be believed.

Published 16 Jan, 2017 09:49am

New PSM plan likely to be approved tomorrow

%D%AMUSHTAQ GHUMMAN%D%A%D%AISLAMABAD: Privatisation Board headed by Chairman Privatization Commission Muhammad Zubair is to approve new plan to dispose of dysfunctional Pakistan Steel Mills (PSM) on Tuesday.

Published 16 Jan, 2017 09:44am

World

Venezuela president renews crisis controls, snubs foes

CARACAS: Venezuela's leader Nicolas Maduro angered his opponents Sunday by refusing to face them for his annual presidential address, fanning tensions as he renewed his emergency powers in a volatile crisis.

Published 16 Jan, 2017 09:42am

Arts

PTDC to facilitate Saudi investors in tourism

ISLAMABAD: Pakistan Tourism Development Corportation (PTDC) would welcome and facilitate Saudi investors and businessmen for investments in the field of tourism.

Published 16 Jan, 2017 09:42am

Europe

Mogherini says EU to stand by Iran nuclear accord

BRUSSELS: EU foreign affairs head Federica Mogherini on Monday insisted the bloc will stand by the Iran nuclear accord, bluntly condemned by US President-elect Donald Trump, because it serves Europe's security needs.

Published 16 Jan, 2017 09:34am

North America

Obama doesn't regret 'red line' over Syria conflict

WASHINGTON: US President Barack Obama says he does not regret his speech drawing a "red line" over Syria's use of chemical weapons, a phrase critics say symbolizes the US failure to act over the country's conflict.

Published 16 Jan, 2017 09:28am

Europe

NATO, Russia, Merkel, Brexit: Trump unleashes broadsides on Europe

BERLIN: NATO is "obsolete", Germany's Angela Merkel made a "catastrophic mistake" on refugees, Brexit will be "great" and the US could cut a deal with Russia: Donald Trump unleashed a volley of broadsides Sunday in interviews with European media.

Published 16 Jan, 2017 09:24am

Sports

Serena's fiance gets Venus's seal of approval

MELBOURNE: Venus Williams has given her seal of approval to younger sister Serena's fiancee, calling Reddit co-founder Alexis Ohanian a "super nice guy".

Published 16 Jan, 2017 09:15am

Asia

India police arrest tailor over serial child sex attacks

NEW DELHI: Indian police said Monday they have arrested a man accused of multiple sexual assaults on young girls in Delhi, revealing he had been arrested on a similar charge last year and released on bail.

Published 16 Jan, 2017 09:04am

Front Top News

South Korea prosecutors seek arrest of Samsung heir

SEOUL: South Korean prosecutors on Monday sought the arrest of the heir to giant conglomerate Samsung for bribery in connection with a political scandal that has seen President Park Geun-Hye impeached.

Published 16 Jan, 2017 09:01am

Sports

Heat is on as stars struggle at Aussie Open

MELBOURNE: World number one Andy Murray fought his way into the second round as several top players struggled in hot conditions on day one at the Australian Open on Monday.

Published 16 Jan, 2017 08:58am

Financial

Tokyo stocks down as Takata dives on US deal

TOKYO: Japanese shares tumbled Monday with Takata hammered as the firm's agreement to plead guilty to fraud and pay $1 billion to settle a deadly airbag scandal still left unanswered questions about its future.

Published 16 Jan, 2017 08:56am

Financial

Hong Kong, Shanghai start week with losses

HONG KONG: Shares in Hong Kong tumbled Monday following last week's rally, while mainland Chinese markets were hit by worries about a rise in fresh listings that could absorb investors' cash.

Published 16 Jan, 2017 08:52am

Pakistan Top News

PM leaves for Davos to attend World Economic Forum

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Monday left here for Switzerland to participate in the World Economic Forum (WEF)'s Annual Meeting being held at Davos from January 17-20.

Published 16 Jan, 2017 08:45am

Industries & Sectors

Thailand to provide assistance for restoration of Archaelogical sites

ISLAMABAD: Thailand Government will provide assistance for restoration and maintenance of Ghandhara Archeological Sites in Taxila and Swat.

Published 16 Jan, 2017 08:43am

Technology

Futurist Company 'Arconic' brings smog-eating skyscrapers

Arconic, a materials science, engineering and Design Company has just unveiled its plan for a 3-mile-high skyscraper built from 'futuristic' material that would essentially include smog-eating surfaces and balconies that retract.

Published 16 Jan, 2017 08:39am

Business & Economy

Platts launches Middle East LNG price marker as region's demand grows

SINGAPORE: Commodity pricing agency S&P Global Platts will begin assessing prices for liquefied natural gas (LNG) delivered to the Middle East and Pakistan, reflecting growing imports into a region better known as an exporter, the company said on Monday.

Published 16 Jan, 2017 08:33am

Cricket

Starc and Marsh to miss Perth ODI against Pakistan

SYDNEY: Fast bowler Mitchell Starc and all-rounder Mitchell Marsh will miss the third one-day international against Pakistan in Perth on Thursday, Cricket Australia said.

Published 16 Jan, 2017 08:26am

Life & Style

62nd Filmfare Awards 2017; complete winners' list

Bollywood came together to raise a toast to the best in the industry at the 62nd Jio Filmfare Awards 2017 held on January 14 in Mumbai.

Published 16 Jan, 2017 08:24am

Pakistan Top News

Three freedom fighters martyred in IoK gun battle

SRINAGAR: Three freedom Fighters were martyred in an overnight gun battle with soldiers in a village in Indian occupied Kashmir (IoK), an army spokesman said on Monday.

Published 16 Jan, 2017 08:15am

Miscellaneous

CPEC: Waiting for Ba Tie Bao

What would really forge the relationship between two countries that already refer to each other as iron brothers (or ba tie in mandarin)? A steel plant! Even better, a massive steel plant in the middle of nowhere! This is where things seem to be headed if

Published 16 Jan, 2017 07:44am

Miscellaneous

Cement: Setting new year resolutions

There was still no reprieve from exports, as the cement industry wrapped up the year 2016 with a drop in total dispatches in Dec from Nov (2.

Published 16 Jan, 2017 07:42am

Miscellaneous

Confusion grips the market

After a surge during the first week of the new year, the benchmark KSE-100 index only went up 0.

Published 16 Jan, 2017 07:41am

Miscellaneous

Oil prices off the hook?

Looking at the graph, it seems that the bad days are over for oil producers and oil and gas investment worldwide.

Published 16 Jan, 2017 07:40am

Life & Style

Watch; Atif Aslam saves a girl from being harassed and wins millions of hearts

Pakistani singer Atif Aslam is in headlines after performing live in Karachi at DHA sports club.

Published 16 Jan, 2017 06:03am

McDonald's sells China operations

The US fast-food giant McDonald's will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Citic and the Carlyle Group, it was announced Monday. The deal is said to be part of an inter