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Archive - 2017-01-22
Tennis: Stunned Kerber at a loss over early exit
Sports

Tennis: Stunned Kerber at a loss over early exit

MELBOURNE: World number one Angelique Kerber was left licking her wounds Sunday and trying to work out what went wrong after crashing out early in her first Grand Slam title defence.
Published 22 Jan, 2017 07:05pm
Stokes dominates as England beat India in 3rd ODI
Cricket

Stokes dominates as England beat India in 3rd ODI

KOLKATA: England all-rounder Ben Stokes put in a dominant performance with the bat and ball to help England pull off a five-run consolation win against India in the third one-day international in Kolkata on Sunday.
Published 22 Jan, 2017 05:37pm
Trump tweets criticism over US protests
North America

Trump tweets criticism over US protests

WASHINGTON: President Donald Trump took to Twitter Sunday to criticize the millions of people across the United States who marched in protests against him a day earlier, including the celebrities who took part.
Published 22 Jan, 2017 01:57pm
Top seed Kerber stunned by Vandeweghe
Sports

Top seed Kerber stunned by Vandeweghe

MELBOURNE: World number one Angelique Kerber was knocked out of the Australian Open on Sunday in a stunning upset by Coco Vandeweghe, just hours after men's top seed Andy Murray was sent packing.
Published 22 Jan, 2017 01:35pm
Ministers positive on OPEC, non-OPEC oil output cuts
Pakistan Top News

Ministers positive on OPEC, non-OPEC oil output cuts

VIENNA: Energy ministers from OPEC and non-OPEC countries meeting in Vienna on Sunday have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the deal meets for the first time.
Published 22 Jan, 2017 01:21pm
India rail disaster kills 36, fears toll may rise
Front Top News

India rail disaster kills 36, fears toll may rise

NEW DELHI: Rescuers struggled Sunday to pull survivors from the wreckage of a train crash which killed 36 passengers in southern India, the latest in a series of disasters on the country's creaking rail network.
Published 22 Jan, 2017 01:18pm
Federer holds off Nishikori to reach quarter-finals
Sports

Federer holds off Nishikori to reach quarter-finals

MELBOURNE: A resilient Roger Federer showed there was life in the 35-year-old's legs as he overhauled fifth seed Kei Nishikori 6-7(4) 6-4 6-1 4-6 6-3 to book a place in the Australian Open quarter-finals.
Published 22 Jan, 2017 01:05pm
Saudi Aramco operating 220 rigs, says energy minister
Energy

Saudi Aramco operating 220 rigs, says energy minister

KHOBAR: Oil and gas company Saudi Aramco is operating about 220 drilling rigs thanks to continued investment in capacity despite low oil prices, Saudi Arabia's energy minister told Sky News Arabia in a programme broadcast on Sunday.
Published 22 Jan, 2017 01:02pm
Fiery Warner helps Australia seal ODI series win over Pakistan
Cricket

Fiery Warner helps Australia seal ODI series win over Pakistan

SYDNEY: David Warner's 12th one-day international hundred and brisk fifties from Glenn Maxwell and Travis Head set up Australia for an 86-run win over Pakistan in the fourth match on Sunday as the hosts secured an unassailable 3-1 lead in the series.
Published 22 Jan, 2017 12:08pm
Netanyahu to speak with Trump on Sunday, Iran on agenda
Pakistan Top News

Netanyahu to speak with Trump on Sunday, Iran on agenda

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said on Sunday he would later in the day hold his first conversation with Donald Trump since his inauguration as U.
Published 22 Jan, 2017 10:47am
Muguruza runs hot to Open quarters
Sports

Muguruza runs hot to Open quarters

MELBOURNE: Red-hot Spaniard Garbine Muguruza blasted into her first Australian Open quarter-final on Sunday with a resounding straight-sets thumping of Sorana Cirstea.
Published 22 Jan, 2017 10:21am
Saudi's Falih says output cuts set to lower oil inventories
Energy

Saudi's Falih says output cuts set to lower oil inventories

VIENNA: Saudi Arabian Energy Minister Khalid al-Falih said on Sunday that OPEC and non-OPEC oil producers were complying with their pledge to lower oil output and that global oil inventories could be taken back to their five-year average by mid-year with
Published 22 Jan, 2017 09:54am
Pacquiao willing to fight McGregor
Sports

Pacquiao willing to fight McGregor

MANILA: WBO welterweight world champion Manny Pacquiao is willing to square up with mixed martial arts star Conor McGregor if his potential superfight with Floyd Mayweather fails to materialise, a spokesman said Sunday.
Published 22 Jan, 2017 09:06am
Pope Francis says wait and see on Trump
World Top News

Pope Francis says wait and see on Trump

MADRID: Pope Francis on Sunday said he would not make an opinion of Donald Trump until he first had a chance to see specific policies the new U.
Published 22 Jan, 2017 08:01am
Wawrinka completes Italian job to reach quarter-finals
Sports

Wawrinka completes Italian job to reach quarter-finals

MELBOURNE: Stan Wawrinka's campaign for a second Australian Open title stepped up a gear on Sunday as the hard-working Swiss fended off Italian journeyman Andreas Seppi 7-6(2) 7-6(4) 7-6(4) to reach his fourth quarter-final at Melbourne Park.
Published 22 Jan, 2017 07:59am
Venus talks down possible Serena final showdown
Sports

Venus talks down possible Serena final showdown

MELBOURNE: Venus Williams was not prepared to even countenance the suggestion she could potentially meet younger sister Serena in the Australian Open final after she advanced to the quarter-finals with a 6-3 7-5 victory over Mona Barthel on Sunday.
Published 22 Jan, 2017 07:59am
Warner punishes sloppy Pakistan
Cricket

Warner punishes sloppy Pakistan

SYDNEY: A David Warner century helped Australia post an imposing 353 for six in the fourth one-day international against Pakistan at the SCG on Sunday.
Published 22 Jan, 2017 07:45am
Veteran Thai Prayad wins Singapore Open
Sports

Veteran Thai Prayad wins Singapore Open

SINGAPORE: Veteran Thai golfer Prayad Marksaeng won the Singapore Open by a single stroke on Sunday after shooting a final round of four-under-par 67 to finish at nine-under 275.
Published 22 Jan, 2017 07:42am
Murray knocked out by Mischa Zverev
Sports

Murray knocked out by Mischa Zverev

MELBOURNE: World number one Andy Murray was sensationally knocked out of the Australian Open by German Mischa Zverev in the fourth round on Sunday.
Published 22 Jan, 2017 07:41am
Trump, spokesman slam US media over inaugural crowd coverage
World Top News

Trump, spokesman slam US media over inaugural crowd coverage

WASHINGTON: Donald Trump and his chief spokesman launched an unprecedented assault on the media Saturday for a US president's first full day in office, accusing reporters of downplaying the turnout at his inauguration.
Published 22 Jan, 2017 06:56am
Mourinho wants United wins rather than Rooney records
Football

Mourinho wants United wins rather than Rooney records

STOKE-ON-TRENT: Jose Mourinho wants record-breaker Wayne Rooney to help Manchester United solve a familiar problem after they failed yet again to turn their dominance into three points in a battling 1-1 draw with Stoke City.
Published 22 Jan, 2017 06:55am
27 killed in latest India rail disaster
Pakistan Top News

27 killed in latest India rail disaster

NEW DELHI: Rescuers battled to pull survivors Sunday from the wreckage of a train crash which killed at least 27 passengers in southern India, the latest in a series of disasters on the country's creaking rail network.
Published 22 Jan, 2017 06:53am
New mindset puts Pavlyuchenkova in the frame
Sports

New mindset puts Pavlyuchenkova in the frame

MELBOURNE: Anastasia Pavlyuchenkova credited experience and a new-found mental toughness for helping her break an Australian Open jinx and move into the quarter-finals for the first time on Sunday.
Published 22 Jan, 2017 06:11am
Women's marches draw millions in resistance to Trump
Front Top News

Women's marches draw millions in resistance to Trump

WASHINGTON: More than two million people flooded US cities on Saturday as women opposed to Donald Trump led a peaceful, stunning rebuke against the new US president that was echoed in sister protests around the world.
Published 22 Jan, 2017 06:10am
Freight rates for large capesize dry cargo to hold steady

Freight rates for large capesize dry cargo to hold steady

Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly next week after unexpectedly climbing this week on strong cargo volumes, ship brokers said. "It is a case of two oceans. In the Atlantic, Vale has been
Published 22 Jan, 2017 12:00am
US Midwest corn, soyabean bids flat

US Midwest corn, soyabean bids flat

Corn and soyabean spot basis bids around the US Midwest at processors and elevators on Thursday were generally unchanged as farmers tracked futures prices for both crops, said grain merchants. Chicago Board of Trade corn inched upward on short-covering, w
Published 22 Jan, 2017 12:00am
Member to Member
Cotton

Member to Member

The following transactions member to member subsequently reported on Saturday (January 21, 2017).

Published 22 Jan, 2017 12:00am
THE RUPEE: rising trend persists
Currency

THE RUPEE: rising trend persists

KARACHI: Rupee's appreciation versus the dollar continued on the money market on Saturday in the process of trading, dealers said. The rupee recovered more 10 paisas in terms of the dollar for buying at Rs 107.60 and it also gained 20 paisas for selling a
Published 22 Jan, 2017 12:00am
THE RUPEE: rising trend persists
Currency

THE RUPEE: rising trend persists

KARACHI: Rupee's appreciation versus the dollar continued on the money market on Saturday in the process of trading, dealers said. The rupee recovered more 10 paisas in terms of the dollar for buying at Rs 107.60 and it also gained 20 paisas for selling a
Published 22 Jan, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 21, 2017).

Published 22 Jan, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 21, 2017).

Published 22 Jan, 2017 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (January 21, 2017).

Published 22 Jan, 2017 12:00am
Hides and skins rates

Hides and skins rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 21, 2017).

Published 22 Jan, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 21, 2017)

Published 22 Jan, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 21, 2017).

Published 22 Jan, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 21, 2017).

Published 22 Jan, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (January 21, 2017) and the forecast for Sunday (January 22, 2017).

Published 22 Jan, 2017 12:00am
Your rupee last half year
Currency

Your rupee last half year

Following currency fluctuations took place in foreign exchange rates during the last half year. (July 04 to December 30, 2016).

Published 22 Jan, 2017 12:00am
Trump to CIA: "I am with you 1,000 percent"

Trump to CIA: "I am with you 1,000 percent"

President Donald Trump told the CIA Saturday it had his fervent support as he paid a visit to mend fences after publicly rejecting its assessment that Russia tried to help him win the US election. "I am with you 1,000 percent," Trump said in a short addre
Published 22 Jan, 2017 12:00am
Madonna makes surprise appearance at march

Madonna makes surprise appearance at march

Pop diva Madonna made an unannounced appearance Saturday in Washington to join hundreds of thousands of people rallying for women's rights in defiance of President Donald Trump. "Welcome to the revolution of love," she said as she took the stage, wrapping
Published 22 Jan, 2017 12:00am
Madonna makes surprise appearance at march

Madonna makes surprise appearance at march

Pop diva Madonna made an unannounced appearance Saturday in Washington to join hundreds of thousands of people rallying for women's rights in defiance of President Donald Trump. "Welcome to the revolution of love," she said as she took the stage, wrapping
Published 22 Jan, 2017 12:00am
APCNGA seeks withdrawal of hike in gas tariff

APCNGA seeks withdrawal of hike in gas tariff

While refusing to convert CNG stations into LNG stations, All Pakistan CNG Association (APCNGA) has demanded the government to withdraw recent hike in gas tariff in order to provide level playing field to the CNG sector. Speaking at a press conference, Ab
Published 22 Jan, 2017 12:00am
Government returns Indian soldier on humanitarian grounds

Government returns Indian soldier on humanitarian grounds

Pakistan handed over an Indian soldier, Chandu Babulal Chohan, to Indian authorities on Saturday through Wagah border, Foreign Office said. A spokesman for the Foreign Office said that the Indian soldier deserted his check post in the Indian Occupied Jamm
Published 22 Jan, 2017 12:00am
Government returns Indian soldier on humanitarian grounds

Government returns Indian soldier on humanitarian grounds

Pakistan handed over an Indian soldier, Chandu Babulal Chohan, to Indian authorities on Saturday through Wagah border, Foreign Office said. A spokesman for the Foreign Office said that the Indian soldier deserted his check post in the Indian Occupied Jamm
Published 22 Jan, 2017 12:00am
Parachinar market bomb kills 25

Parachinar market bomb kills 25

At least 25 people, including two-minors were killed and 35 others injured when a bomb exploded in a vegetable market in semi-tribe area of Kurram Agency on Saturday morning. The blast took place at 8:50am when dozens of people were busy shopping in the v
Published 22 Jan, 2017 12:00am
Parachinar market bomb kills 25

Parachinar market bomb kills 25

At least 25 people, including two-minors were killed and 35 others injured when a bomb exploded in a vegetable market in semi-tribe area of Kurram Agency on Saturday morning. The blast took place at 8:50am when dozens of people were busy shopping in the v
Published 22 Jan, 2017 12:00am
Terrorists will fail to regain lost relevance: CoAS

Terrorists will fail to regain lost relevance: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Saturday directed for carrying out quick evacuation and provision of best medical care to the blast victims in Parachinar. "The CoAS directs for quick evacuation, best medical care to victims of Para
Published 22 Jan, 2017 12:00am
Terrorists will fail to regain lost relevance: CoAS

Terrorists will fail to regain lost relevance: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Saturday directed for carrying out quick evacuation and provision of best medical care to the blast victims in Parachinar. "The CoAS directs for quick evacuation, best medical care to victims of Para
Published 22 Jan, 2017 12:00am
UN launches $550 million Afghan aid appeal

UN launches $550 million Afghan aid appeal

The United Nations on Saturday launched a $550 million humanitarian appeal for Afghanistan, where about a third of the population is in need of assistance. Around 9.3 million people will be in need of help this year, a 13 per cent jump from last year, acc
Published 22 Jan, 2017 12:00am
UN launches $550 million Afghan aid appeal

UN launches $550 million Afghan aid appeal

The United Nations on Saturday launched a $550 million humanitarian appeal for Afghanistan, where about a third of the population is in need of assistance. Around 9.3 million people will be in need of help this year, a 13 per cent jump from last year, acc
Published 22 Jan, 2017 12:00am
UN launches $550 million Afghan aid appeal

UN launches $550 million Afghan aid appeal

The United Nations on Saturday launched a $550 million humanitarian appeal for Afghanistan, where about a third of the population is in need of assistance. Around 9.3 million people will be in need of help this year, a 13 per cent jump from last year, acc
Published 22 Jan, 2017 12:00am
Russia cuts oil output by 100,000 bpd

Russia cuts oil output by 100,000 bpd

Russia has cut its oil production by some 100,000 barrels a day, Energy Minister Alexander Novak said Saturday ahead of a key meeting in Vienna. Under a landmark deal in November last year, the Opec oil cartel agreed to reduce production in order to boost
Published 22 Jan, 2017 12:00am
Russia cuts oil output by 100,000 bpd

Russia cuts oil output by 100,000 bpd

Russia has cut its oil production by some 100,000 barrels a day, Energy Minister Alexander Novak said Saturday ahead of a key meeting in Vienna. Under a landmark deal in November last year, the Opec oil cartel agreed to reduce production in order to boost
Published 22 Jan, 2017 12:00am
Russia cuts oil output by 100,000 bpd

Russia cuts oil output by 100,000 bpd

Russia has cut its oil production by some 100,000 barrels a day, Energy Minister Alexander Novak said Saturday ahead of a key meeting in Vienna. Under a landmark deal in November last year, the Opec oil cartel agreed to reduce production in order to boost
Published 22 Jan, 2017 12:00am
Licences to 21 OMCs: Ogra expects Rs 10.5 billion investment

Licences to 21 OMCs: Ogra expects Rs 10.5 billion investment

Oil and Gas Development Authority (Ogra) granted licence for establishment of Oil Marketing Company (OMC) to 21 companies during the first six months of the current fiscal year. According to the Ogra's biannually report, the authority is expecting that es
Published 22 Jan, 2017 12:00am
Licences to 21 OMCs: Ogra expects Rs 10.5 billion investment

Licences to 21 OMCs: Ogra expects Rs 10.5 billion investment

Oil and Gas Development Authority (Ogra) granted licence for establishment of Oil Marketing Company (OMC) to 21 companies during the first six months of the current fiscal year. According to the Ogra's biannually report, the authority is expecting that es
Published 22 Jan, 2017 12:00am
Licences to 21 OMCs: Ogra expects Rs 10.5 billion investment

Licences to 21 OMCs: Ogra expects Rs 10.5 billion investment

Oil and Gas Development Authority (Ogra) granted licence for establishment of Oil Marketing Company (OMC) to 21 companies during the first six months of the current fiscal year. According to the Ogra''s biannually report, the authority is expecting that e
Published 22 Jan, 2017 12:00am
'Dump Trump': Thousands join global march

'Dump Trump': Thousands join global march

Tens of thousands of people took to the streets of London, Paris and other cities across the world chanting "dump Trump" in solidarity with US protesters, a day after America's new president was inaugurated. In London, a largely female crowd, which also h
Published 22 Jan, 2017 12:00am
'Dump Trump': Thousands join global march

'Dump Trump': Thousands join global march

Tens of thousands of people took to the streets of London, Paris and other cities across the world chanting "dump Trump" in solidarity with US protesters, a day after America's new president was inaugurated. In London, a largely female crowd, which also h
Published 22 Jan, 2017 12:00am
Merkel vows compromise with US on trade, military spending

Merkel vows compromise with US on trade, military spending

German Chancellor Angela Merkel vowed on Saturday to seek compromises on issues like trade and military spending with US President Donald Trump, adding she would work on preserving the important relationship between Europe and the United States. "He made
Published 22 Jan, 2017 12:00am
Merkel vows compromise with US on trade, military spending

Merkel vows compromise with US on trade, military spending

German Chancellor Angela Merkel vowed on Saturday to seek compromises on issues like trade and military spending with US President Donald Trump, adding she would work on preserving the important relationship between Europe and the United States. "He made
Published 22 Jan, 2017 12:00am
Merkel vows compromise with US on trade, military spending

Merkel vows compromise with US on trade, military spending

German Chancellor Angela Merkel vowed on Saturday to seek compromises on issues like trade and military spending with US President Donald Trump, adding she would work on preserving the important relationship between Europe and the United States. "He made
Published 22 Jan, 2017 12:00am
Pakistan reaffirms keenness to work closely with Trump

Pakistan reaffirms keenness to work closely with Trump

Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz, on Saturday, felicitated President Donald Trump on assuming his office and reaffirmed Pakistan's keenness to work closely with the new US administration in pursuit of common ideals of freedom,
Published 22 Jan, 2017 12:00am
Pakistan reaffirms keenness to work closely with Trump

Pakistan reaffirms keenness to work closely with Trump

Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz, on Saturday, felicitated President Donald Trump on assuming his office and reaffirmed Pakistan's keenness to work closely with the new US administration in pursuit of common ideals of freedom,
Published 22 Jan, 2017 12:00am
Asian media decry isolationist Trump

Asian media decry isolationist Trump

A day after Donald Trump became US President and vowed to put "America First", Asian media decried his isolationist policies, fearing they will chill the global economy and sow widespread international discord. In a defiant inaugural address, Trump said U
Published 22 Jan, 2017 12:00am
Turkish parliament approves presidential system

Turkish parliament approves presidential system

The Turkish parliament has backed a plan to strengthen the powers of the presidency, paving the way for a referendum on the issue in spring which, if passed, could allow President Tayyip Erdogan to stay in office until 2029. Erdogan says the reform will p
Published 22 Jan, 2017 12:00am
Turkish parliament approves presidential system

Turkish parliament approves presidential system

The Turkish parliament has backed a plan to strengthen the powers of the presidency, paving the way for a referendum on the issue in spring which, if passed, could allow President Tayyip Erdogan to stay in office until 2029. Erdogan says the reform will p
Published 22 Jan, 2017 12:00am
Pakistan looking forward to work with Trump administration: Dar

Pakistan looking forward to work with Trump administration: Dar

Finance Minister Senator Ishaq Dar on Saturday said that government of Pakistan looked forward to working with the new Trump administration for further strengthening bilateral, strategic and economic co-operation. According to a statement, he was talking
Published 22 Jan, 2017 12:00am
Lice, lung troubles plague migrants in freezing Serbia

Lice, lung troubles plague migrants in freezing Serbia

They cough, suffer from frostbite and are infested with body lice: hundreds of young migrants remain in appalling conditions in derelict Belgrade warehouses in the middle of Serbia's freezing winter.
Published 22 Jan, 2017 12:00am
Greece to extend fiscal contingency mechanism to 2019

Greece to extend fiscal contingency mechanism to 2019

Greece may extend a contingency mechanism by a year until 2019 to ensure it meets fiscal targets and end a stalemate in talks with its euro zone lenders and the IMF over a bailout review, Prime Minister Alexis Tsipras said on Friday.
Published 22 Jan, 2017 12:00am
Two detonate themselves in Jeddah in firefight with security men

Two detonate themselves in Jeddah in firefight with security men

Two suspects blew themselves up on Saturday during a firefight with security forces in the Red Sea city of Jeddah in western Saudi Arabia, officials said. The two men "committed suicide by detonating their explosive belts" during a security operation agai
Published 22 Jan, 2017 12:00am
Two detonate themselves in Jeddah in firefight with security men

Two detonate themselves in Jeddah in firefight with security men

Two suspects blew themselves up on Saturday during a firefight with security forces in the Red Sea city of Jeddah in western Saudi Arabia, officials said. The two men "committed suicide by detonating their explosive belts" during a security operation agai
Published 22 Jan, 2017 12:00am
Hopes fade for 23 missing in Italy avalanche disaster

Hopes fade for 23 missing in Italy avalanche disaster

Rescuers pulled four more survivors from the ruins of an avalanche-hit Italian hotel on Saturday as hopes faded of finding 23 people still missing three days after the disaster struck. Saturday's rescues lifted the total number of survivors to 11. But wit
Published 22 Jan, 2017 12:00am
Hopes fade for 23 missing in Italy avalanche disaster

Hopes fade for 23 missing in Italy avalanche disaster

Rescuers pulled four more survivors from the ruins of an avalanche-hit Italian hotel on Saturday as hopes faded of finding 23 people still missing three days after the disaster struck. Saturday's rescues lifted the total number of survivors to 11. But wit
Published 22 Jan, 2017 12:00am
SC asks Punjab to recommend Nepra member's name

SC asks Punjab to recommend Nepra member's name

The Supreme Court has ordered the Punjab government to recommend name for a member of National Electric Power Regulatory Authority (Nepra) so that its board could be completed. According to the Nepra Act 1997, the Authority comprises chairman and four mem
Published 22 Jan, 2017 12:00am
SC asks Punjab to recommend Nepra member's name

SC asks Punjab to recommend Nepra member's name

The Supreme Court has ordered the Punjab government to recommend name for a member of National Electric Power Regulatory Authority (Nepra) so that its board could be completed. According to the Nepra Act 1997, the Authority comprises chairman and four mem
Published 22 Jan, 2017 12:00am
SC asks Punjab to recommend Nepra member''s name

SC asks Punjab to recommend Nepra member''s name

The Supreme Court has ordered the Punjab government to recommend name for a member of National Electric Power Regulatory Authority (Nepra) so that its board could be completed. According to the Nepra Act 1997, the Authority comprises chairman and four mem
Published 22 Jan, 2017 12:00am
PSCs required to publish, circulate and file SOC: SECP bench

PSCs required to publish, circulate and file SOC: SECP bench

An Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has ruled that the public sector companies are required to publish, circulate and file statements of compliance (SOC) and review reports from the auditor under Public Sector C
Published 22 Jan, 2017 12:00am
PSCs required to publish, circulate and file SOC: SECP bench

PSCs required to publish, circulate and file SOC: SECP bench

An Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has ruled that the public sector companies are required to publish, circulate and file statements of compliance (SOC) and review reports from the auditor under Public Sector C
Published 22 Jan, 2017 12:00am
PSCs required to publish, circulate and file SOC: SECP bench

PSCs required to publish, circulate and file SOC: SECP bench

An Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has ruled that the public sector companies are required to publish, circulate and file statements of compliance (SOC) and review reports from the auditor under Public Sector C
Published 22 Jan, 2017 12:00am
Nisar says was never friendly- opposition man

Nisar says was never friendly- opposition man

Interior Minister Chaudhry Nisar Ali Khan has on Saturday stated that he was never a friendly opposition to anyone. He said that he regretted the allegations his opponents hurled at him. Addressing the people in his constituency Chakri Rajarr, Nisar said
Published 22 Jan, 2017 12:00am
Nisar says was never friendly- opposition man

Nisar says was never friendly- opposition man

Interior Minister Chaudhry Nisar Ali Khan has on Saturday stated that he was never a friendly opposition to anyone. He said that he regretted the allegations his opponents hurled at him. Addressing the people in his constituency Chakri Rajarr, Nisar said
Published 22 Jan, 2017 12:00am
South Korea rally demands Samsung heir arrest, Park removal

South Korea rally demands Samsung heir arrest, Park removal

Tens of thousands of protestors braved icy weather and slippery roads for a rally in Seoul Saturday, demanding impeached President Park Geun-Hye's removal and the Samsung heir's arrest for corruption. Park was impeached by parliament last month over an in
Published 22 Jan, 2017 12:00am
South Korea rally demands Samsung heir arrest, Park removal

South Korea rally demands Samsung heir arrest, Park removal

Tens of thousands of protestors braved icy weather and slippery roads for a rally in Seoul Saturday, demanding impeached President Park Geun-Hye's removal and the Samsung heir's arrest for corruption. Park was impeached by parliament last month over an in
Published 22 Jan, 2017 12:00am
Shake-up renders EDB dysfunctional

Shake-up renders EDB dysfunctional

The Engineering Development Board (EDB) is reportedly dysfunctional due to massive shakeup in the organisation's administrative structure without taking the Ministry of Industries and Production (MoI&P) on board, well-informed sources in the Ministry told
Published 22 Jan, 2017 12:00am
Shake-up renders EDB dysfunctional

Shake-up renders EDB dysfunctional

The Engineering Development Board (EDB) is reportedly dysfunctional due to massive shakeup in the organisation's administrative structure without taking the Ministry of Industries and Production (MoI&P) on board, well-informed sources in the Ministry told
Published 22 Jan, 2017 12:00am
Shake-up renders EDB dysfunctional

Shake-up renders EDB dysfunctional

The Engineering Development Board (EDB) is reportedly dysfunctional due to massive shakeup in the organisation''s administrative structure without taking the Ministry of Industries and Production (MoI&P) on board, well-informed sources in the Ministry tol
Published 22 Jan, 2017 12:00am
Wasn't PM on list of WEF speakers?

Wasn't PM on list of WEF speakers?

Prime Minister Nawaz Sharif's name was not on the list of speakers at the World Economic Forum (WEF) in Davos, Switzerland, which concluded on Friday but the Foreign Office insisted that his participation at the forum was significant in many ways. The Pri
Published 22 Jan, 2017 12:00am
Wasn't PM on list of WEF speakers?

Wasn't PM on list of WEF speakers?

Prime Minister Nawaz Sharif's name was not on the list of speakers at the World Economic Forum (WEF) in Davos, Switzerland, which concluded on Friday but the Foreign Office insisted that his participation at the forum was significant in many ways. The Pri
Published 22 Jan, 2017 12:00am
Wasn''t PM on list of WEF speakers?

Wasn''t PM on list of WEF speakers?

Prime Minister Nawaz Sharif''s name was not on the list of speakers at the World Economic Forum (WEF) in Davos, Switzerland, which concluded on Friday but the Foreign Office insisted that his participation at the forum was significant in many ways. The Pr
Published 22 Jan, 2017 12:00am
'Europe will wake up in 2017', Le Pen says in Germany

'Europe will wake up in 2017', Le Pen says in Germany

French presidential hopeful Marine Le Pen on Saturday told a European gathering of rightwing populists in Germany that a string of high-stakes elections in 2017 would blow a wind of change across the region. Emboldened by the Brexit vote and Donald Trump'
Published 22 Jan, 2017 12:00am
'Europe will wake up in 2017', Le Pen says in Germany

'Europe will wake up in 2017', Le Pen says in Germany

French presidential hopeful Marine Le Pen on Saturday told a European gathering of rightwing populists in Germany that a string of high-stakes elections in 2017 would blow a wind of change across the region. Emboldened by the Brexit vote and Donald Trump'
Published 22 Jan, 2017 12:00am
Disapproval of NAB ordinance

Disapproval of NAB ordinance

Bringing the corrupt to the book is a lingering problem in Pakistan, and if someone ever thought the National Accountability Bureau would do it he was grossly mistaken. The backdoors provided by the NAB ordinance, courtesy its notorious Section 25A, avail
Published 22 Jan, 2017 12:00am
Tax audit of parliamentarians

Tax audit of parliamentarians

A Business Recorder exclusive carried the names of those selected for audit for tax year 2015-16 by the Federal Board of Revenue (FBR) by employing a parametric selection mechanism through a computer ballot. They included Imran Khan as well as fede
Published 22 Jan, 2017 12:00am
Change through continuity

Change through continuity

Recent history of the world has shown that abrupt political changes brought through violence and agitation do not often guarantee prosperous future for the nations, how much the manifesto and agenda of these agitation campaigns may be. In Pakistan, we hav
Published 22 Jan, 2017 12:00am
Trapped in dying tea gardens, workers lose children to traffickers

Trapped in dying tea gardens, workers lose children to traffickers

Fagua Ooraon was running late for work when traffickers stopped outside his hut and said they were taking his teenage daughter with them to the city for better employment. Ooraon said 'no' and went to work. When he got home that evening, his daughter was
Published 22 Jan, 2017 12:00am
As populism mounts, Davos elite told: pay your taxes

As populism mounts, Davos elite told: pay your taxes

The world's biggest multinationals have been put on notice to start paying their fair share of tax - or risk accelerating the rise in populism that has carried Donald Trump to the White House. From Panama Papers to LuxLeaks, recent years' headlines have b
Published 22 Jan, 2017 12:00am
Jehangir Park's place in Karachi's cricket history - I

Jehangir Park's place in Karachi's cricket history - I

Indian Parsi writer-parliamentarian, Piloo Mody, has devoted the third chapter of his book "Zulfi, my friend" in describing the cricketing merits as well as the passion that Zulfikar Ali Bhutto had developed for the game while studying in Bombay, where he
Published 22 Jan, 2017 12:00am
Hamza's silence on Panamagate surprises Sindh CM's adviser

Hamza's silence on Panamagate surprises Sindh CM's adviser

Advisor to Chief Minister of Sindh on Information, Moula Bux Chandio has said that it is thankful that after a long time Hamza Shahbaz remembered that he is also a member of the PML-N and I wonder that on the matter of Panama-gate PML-N Ministers are defe
Published 22 Jan, 2017 12:00am
USCG inaugurates Lahooti Melo in Hyderabad

USCG inaugurates Lahooti Melo in Hyderabad

The US Consul General Grace Shelton and Sindh Culture Minister Syed Sardar Shah inaugurated the second annual two-day music festival Lahooti Melo in Hyderabad, organised by musician Saif Samejo. Other attendees included Deputy Commissioner Hyderabad and o
Published 22 Jan, 2017 12:00am
KMC making all efforts despite limited resources, powers: Mayor

KMC making all efforts despite limited resources, powers: Mayor

Mayor Karachi Wasim Akhtar Saturday said that despite limited resources and powers Karachi Metropolitan Corporation (KMC) is making all efforts to resolve issues of the country's largest city. During his visit to GTex International B2B Textile Machinery B
Published 22 Jan, 2017 12:00am
Appointment of governor is PM's prerogative: Murad

Appointment of governor is PM's prerogative: Murad

Chief Minister Sindh Murad Ali Shah on Saturday said that the appointment of the Governor is the prerogative of the prime minister which will be accepted by the government of Sindh. The chief minister was speaking to reporters after offering condolences o
Published 22 Jan, 2017 12:00am
Cold & dry weather likely today

Cold & dry weather likely today

The Met Office on Saturday forecast cold and dry weather for the most parts of the country on Sunday (today). It said that partly cloudy weather was likely in upper and central parts of the country. However, light rain and snowfall are expected at one or
Published 22 Jan, 2017 12:00am
Anti-polio drops allegedly kill infant

Anti-polio drops allegedly kill infant

A three-month-old boy died allegedly after he was administered anti-polio drops in Korangi area of Karachi on Saturday. The victim family told our correspondent that a female polio worker entered their house and administered the vaccination to their infan
Published 22 Jan, 2017 12:00am
Derogatory remarks of legislator ethical degradation: Imran tweets

Derogatory remarks of legislator ethical degradation: Imran tweets

Chairman Pakistan Tehreek-i-Insaf (PTI) Imran Khan on Saturday reacted on a verbal quarrel between a woman member of Pakistan Muslim League-Functional, Nusrat Sehr Abbasi and Pakistan Peoples Party (PPP) minister, Imdad Pitafi in Sindh Assembly saying suc
Published 22 Jan, 2017 12:00am
Sindh government beefs up security

Sindh government beefs up security

In the wake of Saturday's blast in Kurram Agency, Inspector General of Police (IGP) Sindh A.D. Khawaja, directed that security be heightened in the province. A Sindh police spokesman said on Saturday that the overall security would be beefed up at sensiti
Published 22 Jan, 2017 12:00am
Terrorist held in Quetta

Terrorist held in Quetta

Police personnel on Saturday arrested a terrorist in Quetta's vegetable market and recovered a hand grenade from his possession. According to details, the police detained the man from vegetable market at Karani Road and during search found a hand grenade
Published 22 Jan, 2017 12:00am
Pakistan becomes fourth-largest market for cooking oil: experts

Pakistan becomes fourth-largest market for cooking oil: experts

Pakistan has become the fourth largest market for cooking oil after China, India and United Arab Emirates and third largest importer of the commodity at globe, experts said at a conference on Saturday. Increasing imports of the edible demands setting up o
Published 22 Jan, 2017 12:00am
Relief package demanded for rice export

Relief package demanded for rice export

Mahmood Moulvi Chairman Rice Exporters Association of Pakistan (REAP) has urged the government for a relief package for rice export like textile sector to earn more foreign exchange. He expressed his heartiest gratitude to S.M. Muneer Chief Executive Trad
Published 22 Jan, 2017 12:00am
14 firms to participate in Frankfurt show

14 firms to participate in Frankfurt show

Around 14 exhibitors from Pakistan will showcase their products at the world's largest consumer goods show `Ambiente', scheduled to be held at Frankfurt from February 10 to 14, 2017. The Pakistani organisations and companies likely to participate in the s
Published 22 Jan, 2017 12:00am
Surge in robbery, burglary, theft incidents in Islamabad

Surge in robbery, burglary, theft incidents in Islamabad

The heavily-guarded federal capital witnessed a significant surge in the incidents of robbery, burglary and theft during the past week as various police stations of the city registered 15 cases of robbery, burglary and theft. According to data gathered by
Published 22 Jan, 2017 12:00am
Political leadership condemns Parachinar blast

Political leadership condemns Parachinar blast

President of Pakistan, Mamnoon Hussain and Prime Minister Nawaz Sharif strongly condemned the terror attack and expressed grief over loss of precious lives in result of a bomb blast at Parachinar vegetable market. They directed concerned authorities to pr
Published 22 Jan, 2017 12:00am
Bilawal to hold meeting in Multan in March

Bilawal to hold meeting in Multan in March

Pakistan People's Party (PPP) leader Bilawal Bhutto Zardari will hold public meeting in Multan on March 10. Prior to the public meeting, the PPP leader will visit South Punjab during the first week of March in order to engage masses for the movement.
Published 22 Jan, 2017 12:00am
Minister calls for improvement in PIA services

Minister calls for improvement in PIA services

Federal Minister for Planning, Development and Reforms Ahsan Iqbal has stressed the need for improvement in services of Pakistan International Airlines (PIA) to make it a world-class airline. The minister expressed these views while presiding over a meeti
Published 22 Jan, 2017 12:00am
'PTI government launches Rs seven billion health insurance scheme'

'PTI government launches Rs seven billion health insurance scheme'

For first time in Khyber Pakhtunkhwa, the provincial government for provision of free modern health facilities has launched health insurance scheme worth Rs 7 billion for poor deserving patients. This was stated by Advisor to KP CM on Information Mushtaq
Published 22 Jan, 2017 12:00am
MoP&NR mulling appointing its officers in OGRA

MoP&NR mulling appointing its officers in OGRA

The Ministry of Petroleum and Natural Resources (MoP&NR) is considering appointing two of its senior most officers on vacant positions of Member Oil and Member Gas at the Oil and Gas Regulatory Authority (OGRA), sources said. In a chat with media persons
Published 22 Jan, 2017 12:00am
PTI slams government's failure to act against Indian bellicosity

PTI slams government's failure to act against Indian bellicosity

Dr Shireen Mazari, Pakistan Tehreek-e-Insaf (PTI) MNA and member of the NA Standing Committees on Defence and Foreign Affairs Saturday expressed concern over the continuing silence of the government over the increasing bellicosity of the Indian leadership
Published 22 Jan, 2017 12:00am
Zong announces more than $200 million investment

Zong announces more than $200 million investment

Zong, Pakistan's largest 4G service provider held its annual business conference in Islamabad on Saturday. The management expressed strong optimism stating that the company is ready take on new challenges as confidence soars high with the company's except
Published 22 Jan, 2017 12:00am
Four killed in clash between rival groups

Four killed in clash between rival groups

At least four people were killed in an armed clash between two rival groups here on Saturday. Political Administration sources said that members of two rival groups which were in old enmity over various disputes, traded fire in village Azam Warsak of Sout
Published 22 Jan, 2017 12:00am
KMU Peshawar inks MoU with Fata Health Directorate

KMU Peshawar inks MoU with Fata Health Directorate

Khyber Medical University Peshawar signed a memorandum of understanding with Directorate of Health Services Fata, aiming at to create effective liaison between the academic and clinical interchange of Faculty, Human Resources for Health including health m
Published 22 Jan, 2017 12:00am
KP government hindering uplift of Chitral: PML-N leader

KP government hindering uplift of Chitral: PML-N leader

Pakistan Muslim League-N Chitral District President Said Ahmed Khan has criticized Khyber Pakhtunkhwa government for allegedly creating hurdles in execution of various development schemes announced by Prime Minister Nawaz Sharif during his visit to the di
Published 22 Jan, 2017 12:00am
Olive trees to be grafted on commercial basis in Karak

Olive trees to be grafted on commercial basis in Karak

In order to initiate work on grafting of olive trees on commercial basis, an awareness seminar was held at Tarkikhel village of district Karak to take on board the local farmers of the area. While addressing to the seminar, organised jointly by Khushal Kh
Published 22 Jan, 2017 12:00am
PM presented himself for accountability: Hamza

PM presented himself for accountability: Hamza

Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shehbaz said on Saturday that gone are the days to become Prime Minister all of sudden by sending the elected government home. Talking to media at Mayo-Hospital, Hamza said that Prime Minister Nawaz Sharif
Published 22 Jan, 2017 12:00am
PTI lady councillor candidate gunned down

PTI lady councillor candidate gunned down

A PTI lady councillor candidate was allegedly gunned down on Saturday by her brother-in-law in the area of Farrukhabad near Shahdara, said the police officials. According to them, Shahida Parveen was killed by her brother-in-law, Gulzar, and his three acc
Published 22 Jan, 2017 12:00am
Pakistan Coating Show 2017 concludes

Pakistan Coating Show 2017 concludes

The three-day Pakistan Coating Show 2017 has been concluded here at the International Expo Centre on Saturday. This year's Show, organized by B2B Media, began on January 19 to showcase hundreds of products, services and offerings from national & multinati
Published 22 Jan, 2017 12:00am
Death anniversary of Chaudhry Rasheed today

Death anniversary of Chaudhry Rasheed today

The 18th death anniversary of Chaudhry Rasheed Ahmed, the former Lifelong President of Akhbar Faroosh Union Lahore is being observed on Sunday (today). Quran Khawani for the eternal peace of the late will be held at Akhbar market, 1-Mayo Hospital Lahore a
Published 22 Jan, 2017 12:00am
Local bodies' budget to be increased, Shahbaz announces

Local bodies' budget to be increased, Shahbaz announces

A meeting was held here on Saturday with Chief Minister Punjab Muhammad Shahbaz Sharif in the chair. The meeting reviewed different issues with regard to make local body governments more powerful. Chief Minister Shahbaz Sharif while addressing the meeting
Published 22 Jan, 2017 12:00am
Rice exporters seek a share in incentive package
Cotton

Rice exporters seek a share in incentive package

Rice exporters have urged the federal government to give them due share in Rs 180 billion incentive package announced for the export sector being the second largest export commodity after textile and placing Pakistan in the top five rice exporting countri
Published 22 Jan, 2017 12:00am
Cancer patients suffer due to morphine shortage

Cancer patients suffer due to morphine shortage

The acute shortage of morphine, which is given to cancer patients to relieve their pain, has put the lives of poor patients in misery and unbearable pain. Morphine is not available in the market and especially at government hospitals, which is really hurt
Published 22 Jan, 2017 12:00am
PU, SBP hold seminar on Islamic banking & finance

PU, SBP hold seminar on Islamic banking & finance

Punjab University Hailey College of Commerce in collaboration with State Bank of Pakistan organized an awareness session on Islamic Banking & Finance at its seminar hall. On this occasion, PU Vice Chancellor Professor Dr Zafar Mueen Nasir, Dean Faculty of
Published 22 Jan, 2017 12:00am
Medical mafia importing substandard raw material from India, Iran

Medical mafia importing substandard raw material from India, Iran

Medical mafia is selling counterfeit drugs across Pakistan by importing inexpensive and substandard raw material from neighbouring countries India and Iran. Doctors and staff of health department are also involved in this illicit practice whereas private
Published 22 Jan, 2017 12:00am
LDA seals 10 marriage halls

LDA seals 10 marriage halls

Staff of Commercialization Directorate Town Planning Wing of LDA sealed 10 marriage halls along Ferozpur Road on Saturday. These marriage halls had been constructed in contravention of building bye-laws.
Published 22 Jan, 2017 12:00am
Ginners asked to eradicate larva in waste
Cotton

Ginners asked to eradicate larva in waste

The Punjab Agriculture Department has asked the ginning factories across the province to eradicate larva of different pests in ginning waste by March 31, 2017. According the departmental sources, larva and other cotton pests were found in the ginning wast
Published 22 Jan, 2017 12:00am
Shahbaz, Punjab governor Rajwana hold discussion

Shahbaz, Punjab governor Rajwana hold discussion

A meeting was held between Chief Minister Punjab Muhammad Shahbaz Sharif and Governor Punjab Rafique Rajwana here Saturday. During the meeting, different issues of mutual interest including law and order situation and the development projects in the Punja
Published 22 Jan, 2017 12:00am
Population census staff urged to get training

Population census staff urged to get training

Divisional Commissioner Momin Agha has said that the relevant staff should be imparted with quality and meaning full training to complete the task of population Census successfully so as population Census was an important national task which required tran
Published 22 Jan, 2017 12:00am
'Steps taken to fill gap between researches and extension workers'

'Steps taken to fill gap between researches and extension workers'

Punjab Agriculture Secretary Muhammad Mahmood has said that steps are afoot to remove disconnect between research, extension workers and marketing system that will help increase the productivity and fine-tune the research agenda to address the problems of
Published 22 Jan, 2017 12:00am
US CG meets Punjab law minister

US CG meets Punjab law minister

The US Consul General Yuriy Fedkiw met Punjab Law Minister Rana Sanaullah Khan in Lahore and discussed matters of mutual interest, besides the law & order situation in the province. Rana briefed the US Consul General about developmental, political and sec
Published 22 Jan, 2017 12:00am
Zehri terms CPEC as project of prosperity

Zehri terms CPEC as project of prosperity

Chief Minister Balochistan Nawab Sanaullah Zehri has termed China Pakistan Economic Corridor (CPEC) as a project of prosperity and development for Balochistan. Addressing a news conference, here on Saturday, he said twelve projects of the province have be
Published 22 Jan, 2017 12:00am
LDFA expo, seminar begin at SAU

LDFA expo, seminar begin at SAU

A two-day seminar and exhibition on livestock, dairy, fisheries, poultry & agro (LDFA) begins on Saturday at Sindh Agriculture University (SAU) Tandojam. The LDFA is being organized by Sindh Enterprise Development Fund (SEDF) and Sindh Board of Investment
Published 22 Jan, 2017 12:00am
LDFA expo, seminar begin at SAU

LDFA expo, seminar begin at SAU

A two-day seminar and exhibition on livestock, dairy, fisheries, poultry & agro (LDFA) begins on Saturday at Sindh Agriculture University (SAU) Tandojam. The LDFA is being organized by Sindh Enterprise Development Fund (SEDF) and Sindh Board of Investment
Published 22 Jan, 2017 12:00am
Opponents have enmity towards people, country: Shahbaz

Opponents have enmity towards people, country: Shahbaz

The Chief Minister Punjab Mian Shahbaz Sharif has said that resources are the property of the nation and we will continue spending them for the provision of facilities to the people. Different projects including metro bus system and orange line metro trai
Published 22 Jan, 2017 12:00am
Dastgir arrives in Brussels on four-day official visit
Cotton

Dastgir arrives in Brussels on four-day official visit

The Federal Minister for Commerce Engineer Khurram Dastgir Khan will arrive in Brussels today on a 4 day official visit. He will hold meetings with senior officials of European Commission and members of European Parliament and will chair conference of tra
Published 22 Jan, 2017 12:00am
8 held over assault on small girl

8 held over assault on small girl

Police on Saturday arrested at least 8 suspects in connection with rape and torture of a 6-year-old girl in Karachi. Chief Justice of Pakistan, Mian Saqib Nisar has taken suo motu notice of the incident, directing Sindh inspector general of police, AD Kha
Published 22 Jan, 2017 12:00am
Rangers DG visits forward posts

Rangers DG visits forward posts

Director General Sindh Rangers Major General Muhammad Saeed on Saturday paid a visit to the forward posts in Sindh's border areas. During the visit, the DG Rangers met the officers and Jawans deployed in the forward posts at border areas. He appreciated t
Published 22 Jan, 2017 12:00am
Guests torture marriage hall owner, others

Guests torture marriage hall owner, others

Wedding guests tortured the marriage hall administration including owner on closing the hall in Orangi Town Gulshan-e-Bahar on Saturday. As per details, the wedding guests from groom's side were enraged when the administration closed the hall at 12am and
Published 22 Jan, 2017 12:00am
Dar assures AJK government of full support

Dar assures AJK government of full support

Prime Minister AJK, Raja Farooq Haider Khan, called on the Finance Minister, Senator Muhammad Ishaq Dar, here Saturday. Matters relating to development projects and overall financial situation in AJK were discussed during the meeting. Raja Farooq Haider K
Published 22 Jan, 2017 12:00am
Toxic food claims 2 lives in 'Rawalpindi

Toxic food claims 2 lives in 'Rawalpindi

At least two people including a woman died and several others affected over consuming toxic food during wedding ceremony, here on Saturday. Police said that wedding guests consumed food at Valima ceremony in Kallar Syedan area of Rawalpindi which turned c
Published 22 Jan, 2017 12:00am
Balochistan PA passes 11 resolutions of public importance

Balochistan PA passes 11 resolutions of public importance

The Provincial Assembly of Balochistan Saturday passed 11 resolutions while the lawmakers tabled 12 resolutions either individually or jointly on various matters of public importance during the reporting period.
Published 22 Jan, 2017 12:00am
Bilawal, Bakhtawar order show-cause against Pitafi

Bilawal, Bakhtawar order show-cause against Pitafi

Pakistan People's Party chairman Bilawal Bhutto and daughter of Asif Ali Zardari, Bakhtawar Bhutto have taken notice of the incident in the Sindh Assembly in which a minister passed inappropriate remarks against a female member of the opposition.
Published 22 Jan, 2017 12:00am
Prices of essential kitchen items register slight increase

Prices of essential kitchen items register slight increase

Prices of essential kitchen items registered a slight increase during the past week as compared to the preceding week, revealed a survey conducted by Business Recorder, here on Saturday. The survey observed that the prices of most kitchen items like tomat
Published 22 Jan, 2017 12:00am
'Gold plated housing project' to be built in Dubai, Pakistan

'Gold plated housing project' to be built in Dubai, Pakistan

UAE Business Group Head, Chairman of DM Real Estate Group, Suhail Mohd Al Zarooni has announced that the Al Zarooni Foundation with DM Group collaboration will build the First Ever "Gold Plated Housing Project" in Dubai and Pakistan.
Published 22 Jan, 2017 12:00am
Palm oil to hit 3,300 ringgit by early March

Palm oil to hit 3,300 ringgit by early March

Palm oil is headed for 3,300 ringgit per tonne by March, sooner than forecast earlier, as stocks of the tropical oil remain tight. Prices will then fall nearly a quarter by June or July, said leading vegetable oils analyst Dorab Mistry on Saturday. Benchm
Published 22 Jan, 2017 12:00am
Mexican corn imports to rise at least 20 percent

Mexican corn imports to rise at least 20 percent

Mexico will import at least one-fifth more yellow corn next season as higher fuel costs and a weak peso hit domestic crops while the same factors will drive up tortilla prices, the head of top corn farmer federation said in an interview. Juan Pablo Rojas
Published 22 Jan, 2017 12:00am
India rules out lowering sugar import tax

India rules out lowering sugar import tax

India, the world's biggest sugar consumer, has no plan to lower import duty on the sweetener, at least in the near term, a government official said on Thursday. Sugar prices in the local market have risen more than 10 percent in a month on an expected dro
Published 22 Jan, 2017 12:00am
Thai floods harm key region for world's rubber

Thai floods harm key region for world's rubber

First came drought, then came floods. Rubber farmers in Thailand's south are counting the cost of extreme weather in the world's top growing region. "From afar the trees look withered," said 67-year-old Reang Onnuan, a lifelong rubber grower, looking out
Published 22 Jan, 2017 12:00am
Weak road freights in Brazil anger truckers, benefit soyabean crop

Weak road freights in Brazil anger truckers, benefit soyabean crop

Stiff competition among truckers will keep road freights in Brazil's main agricultural belt stable during the 2016/17 crop, transporters said, benefiting farmers as they harvest a record volume of soyabeans but hurting margins for logistics companies.
Published 22 Jan, 2017 12:00am
Cotton gains on strong US exports, weak dollar
Currency

Cotton gains on strong US exports, weak dollar

ICE cotton futures rose marginally to hit a more than one-week high on Friday, supported by bullish export sales data and a weaker dollar. The March cotton contract on ICE Futures US hit a session high of 73.43 cents a lb, a peak since January 12. The con
Published 22 Jan, 2017 12:00am
China corn output to drop 4.1 percent

China corn output to drop 4.1 percent

China, the world's second-biggest corn consumer, will produce 4.1 percent less corn in the 12 months ending in September 2017, and imports will plunge 68.8 percent in the same period, according to forecasts from the country's agriculture ministry.
Published 22 Jan, 2017 12:00am
Opec chief sees oil stocks declining as cuts take effect

Opec chief sees oil stocks declining as cuts take effect

Oil stocks around the world need to decline by at least another 270 million barrels to reach a five-year industry average for Opec to be able to say the markets are becoming balanced, Opec Secretary General Mohammed Barkindo told Reuters. "The primary goa
Published 22 Jan, 2017 12:00am
Russian oil output seen reaching new highs in 2017

Russian oil output seen reaching new highs in 2017

Russian oil production is likely reach another post-Soviet record high in 2017 after a global deal to cut output expires at the end of June, a Reuters poll of analysts and consultants showed on Tuesday. The Organization of the Petroleum Exporting Countrie
Published 22 Jan, 2017 12:00am
IGC raises grains crop outlook, stocks to climb

IGC raises grains crop outlook, stocks to climb

The International Grains Council on Thursday raised its forecast for the global grains crop in 2016/17 from an already record level, partly driven by improved outlooks for China's corn crop and wheat production in Australia. Total production on grains in
Published 22 Jan, 2017 12:00am
Brazil plans two subsalt auctions in 2017, another in 2018

Brazil plans two subsalt auctions in 2017, another in 2018

Brazil plans to hold two subsalt oil auctions in 2017, putting new exploration areas up for bidding in November for what should be the "most competitive" round of the year, Oil Secretary Marcio Felix said in an interview on Thursday. The auctions, an effo
Published 22 Jan, 2017 12:00am
Ex-leader of Maldives plans return to save sinking nation

Ex-leader of Maldives plans return to save sinking nation

He faces jail in the Maldives but former president Mohamed Nasheed says he wants to contest elections and guide the island nation away from environmental catastrophe. Nasheed became the first democratically elected president of the Maldives in 2008, but l
Published 22 Jan, 2017 12:00am
Three Indonesian fishermen missing off Philippines

Three Indonesian fishermen missing off Philippines

Three Indonesian fishermen have gone missing in waters off the southern Philippines, Manila said Saturday, an area that has seen repeated kidnappings for ransom by Islamist militants. Authorities said the three Indonesians went missing on Wednesday in wat
Published 22 Jan, 2017 12:00am
Raids in Austria as 'terror' suspect grilled

Raids in Austria as 'terror' suspect grilled

Austrian police raided several addresses early Saturday as they grilled a suspected Islamic extremist thought to have been planning an attack, authorities said. "There were several raids on homes in Vienna and Lower Austria (state)," interior ministry spo
Published 22 Jan, 2017 12:00am
Syria regime, rebels set for first face-to-face at Astana

Syria regime, rebels set for first face-to-face at Astana

Syria's government and rebel fighters will on Monday sit down at the negotiating table for the first time in nearly six years of war, the latest diplomatic push to end hostilities. Hosted in the Kazakh capital Astana, the talks will see an opposition dele
Published 22 Jan, 2017 12:00am
India Prime Minister overturns bull-wrestling ban

India Prime Minister overturns bull-wrestling ban

An Indian state lifted a Supreme Court ban on a popular bull-wrestling festival on Saturday after Prime Minister Narendra Modi ordered the event should be allowed to go ahead. Modi overturned the ban on the festival after massive protests in southern Indi
Published 22 Jan, 2017 12:00am
British PM says Trump 'recognises importance of Nato'

British PM says Trump 'recognises importance of Nato'

British Prime Minister Theresa May said Friday that she believed US President Donald Trump "recognises the importance and significance of Nato", despite him days earlier dubbing the military alliance obsolete. In an interview with the Financial Times news
Published 22 Jan, 2017 12:00am
Bodies of 2 firemen recovered after Tehran tower inferno

Bodies of 2 firemen recovered after Tehran tower inferno

Rescue teams recovered the bodies of two Iranian firefighters early on Saturday, two days after they were killed while tackling a blaze in Tehran's oldest high-rise. They were among around 20 firefighters feared to have been killed when the 15-storey Plas
Published 22 Jan, 2017 12:00am
Kenya's new electoral commission sworn in

Kenya's new electoral commission sworn in

Kenya's new electoral commission was sworn in Friday to replace a team forced to quit after violent protests by opponents who accused them of bias, mismanagement and corruption. The seven new commissioners have only seven months to organise presidential a
Published 22 Jan, 2017 12:00am
Hungarian school coach crashes in Italy, 16 dead

Hungarian school coach crashes in Italy, 16 dead

Sixteen people died when a coach bringing Hungarian teenagers home from a skiing trip crashed and burst into flames on a northern Italian motorway overnight, authorities said Saturday. It appeared the death toll from the tragedy near Verona at around 11:0
Published 22 Jan, 2017 12:00am
Egypt working for talks between rival Libya authorities

Egypt working for talks between rival Libya authorities

Egypt is working to organise direct talks between the leaders of rival Libyan authorities contesting the war-torn country, its foreign minister said Saturday after hosting a regional meeting. The UN-backed government in Tripoli has struggled to impose its
Published 22 Jan, 2017 12:00am
Bomb kills four at Syria-Jordan border camp

Bomb kills four at Syria-Jordan border camp

A car bomb blast killed at least four civilians at a camp for displaced Syrians by the border with Jordan on Saturday, the Syrian Observatory for Human Rights monitor said. "A car bomb exploded on the outskirts of the Rukban camp on the Jordanian border,
Published 22 Jan, 2017 12:00am
Rescuers seek trapped miners in Peru

Rescuers seek trapped miners in Peru

Rescuers in Peru were working Friday to save seven miners trapped for nearly four days by a landslide, the emergency services said. An avalanche of mud and rocks driven by heavy rain trapped the men on Monday in the mine where they were working in the sou
Published 22 Jan, 2017 12:00am
EU mulls aid boost to help Libya stop migrant smugglers

EU mulls aid boost to help Libya stop migrant smugglers

The EU could soon step up training and equipping Libya's coast guard to crack down on migrant smuggling in the north African nation's waters, according to an EU proposal seen by AFP on Saturday. Malta, which holds the current rotating EU presidency, is pi
Published 22 Jan, 2017 12:00am
China sees 'grim' situation in relations with Taiwan this year

China sees 'grim' situation in relations with Taiwan this year

Relations between China and Taiwan this year will be "even more complex and grim" and Beijing will resolutely oppose any form of separatist activity, a senior Chinese official said, but added China would also maintain peace and stability.
Published 22 Jan, 2017 12:00am
Gambians await Jammeh's exit after pledge to go

Gambians await Jammeh's exit after pledge to go

Gambians on Saturday awaited the departure of Yahya Jammeh to a life of exile, with some nervousness remaining over a deal reached with west African leaders that headed off a regional military intervention. Jammeh accepted to hand power peacefully to Pres
Published 22 Jan, 2017 12:00am
Romanian nightclub fire sends dozens to hospitals

Romanian nightclub fire sends dozens to hospitals

A fire broke out in a nightclub in the Romanian capital Bucharest early on Saturday morning, resulting in more than 40 people being taken to hospital. No deaths were reported. Doctors said one person was in serious condition, while most of the victims suf
Published 22 Jan, 2017 12:00am
Ageless Nadal outlasts teenager, Serena cruises

Ageless Nadal outlasts teenager, Serena cruises

Rafael Nadal's ageing legs outlasted German teenager Alexander Zverev in an epic five sets as Serena Williams sailed into the last 16 at the Australian Open on Saturday. Nadal needed all his trademark grit against Zverev, 19, dubbed "the future of tennis"
Published 22 Jan, 2017 12:00am
Dimitrov takes midnight express to last 16

Dimitrov takes midnight express to last 16

Grigor Dimitrov played to 2:00am on Sunday as he beat Richard Gasquet to reach the Australian Open's last 16, recalling the tournament's infamous late - or early - finishes. Play got underway at two minutes to midnight and Dimitrov took two hours, two min
Published 22 Jan, 2017 12:00am
Raonic reaches last 16

Raonic reaches last 16

'Flu-hit Milos Raonic negotiated tricky Frenchman Gilles Simon in four sets to reach the fourth round at the Australian Open on Saturday. Canada's world number three, whose chances of making the final from the bottom half of the draw have improved followi
Published 22 Jan, 2017 12:00am
Cibulkova becomes latest seed to crash

Cibulkova becomes latest seed to crash

Dominika Cibulkova became the latest top seed to crash out of the Australian Open Saturday when she was upset by Russian dark horse Ekaterina Makarova in a marathon third-round match. The Slovak sixth seed and WTA Finals champion joins third seed Agnieszk
Published 22 Jan, 2017 12:00am
Balotelli blasts Bastia fans' 'monkey' chants

Balotelli blasts Bastia fans' 'monkey' chants

Italian striker Mario Balotelli slammed Bastia fans and accused them of making "monkey" chants throughout Friday's 1-1 draw against Ligue 1 leaders Nice in Corsica.
Published 22 Jan, 2017 12:00am
Storm disrupts Singapore Open third round

Storm disrupts Singapore Open third round

Australia's Adam Scott was among four players tied for the lead at the Singapore Open on Saturday when a tropical storm and fading light forced the suspension of the third round. Already behind schedule after Southeast Asia's fickle weather disrupted the
Published 22 Jan, 2017 12:00am
Sigurdsson strike stuns Liverpool

Sigurdsson strike stuns Liverpool

Gylfi Sigurdsson's decisive goal boosted Swansea's hopes of Premier League survival as they inflicted Liverpool's first home defeat for almost a year with a 3-2 triumph at Anfield on Saturday. Iceland international Sigurdsson, who has repeatedly been link
Published 22 Jan, 2017 12:00am
Shakib magic cleans out New Zealand middle order

Shakib magic cleans out New Zealand middle order

Bangladesh unleashed Shakib Al Hasan with dramatic effect late on day two of the second Test against New Zealand claiming three quick wickets to leave the contest evenly poised on Saturday. "He can do anything on any wicket," fast bowler Taskin Ahmed said
Published 22 Jan, 2017 12:00am
Rapid-fire Miller leads South Africa to victory

Rapid-fire Miller leads South Africa to victory

David Miller hit 40 off 18 balls to set up a South Africa win by 19 runs in a rain-shortened first Twenty20 international against Sri Lanka at SuperSport Park on Friday. Miller's power hitting enabled South Africa to score 126 for six in a match reduced t
Published 22 Jan, 2017 12:00am
Injured Iniesta irreplaceable, says Enrique

Injured Iniesta irreplaceable, says Enrique

Barcelona boss Luis Enrique believes there isn't another player in world football who can adequately replace what injured captain Andres Iniesta brings the Catalan giants. However, as Barca go in search of a fourth straight win at Eibar on Sunday night, E
Published 22 Jan, 2017 12:00am
Blockchain could save investment banks up to $12 billion a year
Currency

Blockchain could save investment banks up to $12 billion a year

Blockchain technology could help the world's largest investment banks cut their infrastructure costs by between $8 to $12 billion a year by 2025, according to a report by Accenture. The report, published on Tuesday jointly with benchmarking firm McLagan -
Published 22 Jan, 2017 12:00am
Egypt fixes customs dollar exchange rate to help importers
Currency

Egypt fixes customs dollar exchange rate to help importers

Egypt will fix its customs dollar exchange rate and adjust it on a monthly basis to help importers better cope with pricing of their products after the central bank floated its currency in November. The Finance Ministry fixed the customs exchange rate at
Published 22 Jan, 2017 12:00am
Egypt fixes customs dollar exchange rate to help importers
Currency

Egypt fixes customs dollar exchange rate to help importers

Egypt will fix its customs dollar exchange rate and adjust it on a monthly basis to help importers better cope with pricing of their products after the central bank floated its currency in November. The Finance Ministry fixed the customs exchange rate at
Published 22 Jan, 2017 12:00am
China to increase transparency of FX market data

China to increase transparency of FX market data

China will increase the transparency of its foreign exchange market data, the State Administration of Foreign Exchange (SAFE) said on Friday. The exchange said it would take steps including improving its statistical reporting of foreign exchange derivativ
Published 22 Jan, 2017 12:00am
Speculators pare back long US dollar bets
Currency

Speculators pare back long US dollar bets

Speculators reduced long bets on the US dollar for a second straight week, as investors continued to pare back overextended positions on the greenback and worried about US President Donald Trump's trade and currency policies. The value of the dollar's net
Published 22 Jan, 2017 12:00am
FX trading volumes fell in December
Currency

FX trading volumes fell in December

The value of global currency market trading fell over 8 percent in December compared with the previous month, data from settlement system CLS showed on Tuesday, after surging on Donald Trump's surprise victory in the US presidential election.
Published 22 Jan, 2017 12:00am
Dollar falls as investors unpack inauguration speech
Currency

Dollar falls as investors unpack inauguration speech

The dollar edged down on Friday as investors were underwhelmed by the limited scope of executive actions and the lack of concrete policy reforms in the inauguration speech of newly sworn-in US President Donald Trump. Investors had been looking to Trump's
Published 22 Jan, 2017 12:00am
UK City minister says confident London can keep euro-clearing

UK City minister says confident London can keep euro-clearing

Keeping the euro-denominated clearing business in London even after Britain leaves the European Union is in Europe's interest, financial services minister Simon Kirby told Reuters on Monday. The European Union is considering legislative measures to move L
Published 22 Jan, 2017 12:00am
Canadian dollar steadies
Currency

Canadian dollar steadies

The Canadian dollar pared earlier losses following weaker-than-expected inflation and retail sales data, to finish little changed against its US counterpart on Friday. Canada's annual inflation rate rose to 1.5 percent in December from November's 1.2 perc
Published 22 Jan, 2017 12:00am
Wall Street ends higher as Trump becomes president

Wall Street ends higher as Trump becomes president

US stocks closed higher on Friday in a modest but broad-based advance as Donald Trump was sworn in as US President, marking the first time in more than 50 years that a new commander-in-chief has been welcomed by a rising equity market on his first day in
Published 22 Jan, 2017 12:00am
Soros says uncertainty over Trump will cause markets to falter

Soros says uncertainty over Trump will cause markets to falter

The billionaire investor George Soros on Thursday said that global markets will falter given the uncertainty of incoming US President Donald Trump's policies. "Right now uncertainty is at the peak, and actually uncertainty is the enemy of long-term invest
Published 22 Jan, 2017 12:00am
Kernel to bring Ukrainian supply in from the cold
Currency

Kernel to bring Ukrainian supply in from the cold

One of the world's largest exporters of sunflower oil is poised to become the first Ukrainian corporate to issue a bond since 2013. Kernel Holdings, an agribusiness headquartered in Ukraine and with a listing on the Warsaw Stock Exchange, has hired ING an
Published 22 Jan, 2017 12:00am
Nasdaq backs trading illiquid stocks only on listing exchange

Nasdaq backs trading illiquid stocks only on listing exchange

Nasdaq Inc will ask US regulators under the Trump administration to limit the trading of shares of small companies and illiquid exchange-traded funds to the exchanges on which they are listed, the market operator said in a note to clients.
Published 22 Jan, 2017 12:00am
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