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Archive - 2017-01-26
Pandemonium, fracas mar NA proceedings
Front Top News

Pandemonium, fracas mar NA proceedings

ISLAMABAD: Boisterous Pakistan Tehreek-e-Insaaf (PTI) members once again marred the National Assembly proceedings by chanting slogans and resorting to fracas least bothering to the requests of the Speaker to run the House smoothly as agreed between the pa
Published 26 Jan, 2017 06:26pm
Talal condemns PTI's attack on minister in Parliament
Pakistan Top News

Talal condemns PTI's attack on minister in Parliament

ISLAMABAD: Pakistan Muslim League Nawaz (PML-N) Member National Assembly Talal Chaudhry Thursday strongly condemned the physical attack on Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi in the Parliament.
Published 26 Jan, 2017 06:23pm
PTI leaders should present themselves for accountability: Asif
Front Top News

PTI leaders should present themselves for accountability: Asif

ISLAMABAD: Minister for Water and Power Khawaja Muhammad Asif Thursday asked the Pakistan Tehreek-i-Insaf (PTI) leaders to present themselves for accountability like the Prime Minister who had presented record of three generations before the nation.
Published 26 Jan, 2017 06:11pm
Oil up 2pc on stock market, but US supply caps gains
Energy

Oil up 2pc on stock market, but US supply caps gains

LONDON/NEW YORK: Oil prices were driven 2 percent higher by an ongoing rally in the US stock market on Thursday, although gains were capped by plentiful supplies and bulging inventories in spite of efforts by producers to cut output.
Published 26 Jan, 2017 05:10pm
Stocks near record highs, dollar up on optimism, earnings
Financial

Stocks near record highs, dollar up on optimism, earnings

NEW YORK: A key index of global equity markets held near a record high on Thursday, supported by mergers and acquisitions, strong corporate earnings and investor optimism spurred by US President Donald Trump's plans for new public spending.
Published 26 Jan, 2017 05:06pm
Mexico president cancels US visit after Trump wall comments
World Top News

Mexico president cancels US visit after Trump wall comments

MEXICO CITY: Mexican President Enrique Pena Nieto said on Thursday he had scrapped plans to meet Donald Trump next week after the US president tweeted Mexico should cancel the meeting if it was not prepared to pay for his proposed border wall.
Published 26 Jan, 2017 05:06pm
NTC to provide Telecom Services at all districts: Anusha
Pakistan

NTC to provide Telecom Services at all districts: Anusha

ISLAMABAD: Minister of State for Information Technology and Telecommunication, Anusha Rahman, Thursday directed National Telecommunication Corporation (NTC) to provide modern Telecom Services to government subscribers at all districts of the country by th
Published 26 Jan, 2017 04:47pm
Ali, Morgan star in big England win
Cricket

Ali, Morgan star in big England win

KANPUR: Skipper Eoin Morgan Thursday hailed England's "outstanding" bowling performance after Moeen Ali's superb spell set up a comprehensive seven-wicket win over India in the first Twenty20 international in Kanpur.
Published 26 Jan, 2017 04:06pm
Asif asks Imran to show record of $7mn Zakat money
Pakistan Top News

Asif asks Imran to show record of $7mn Zakat money

ISLAMABAD: Defence Minister Khawaja Muhammad Asif Thursday asked Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan to show the record of $7 million Zakat money allegedly used in betting.
Published 26 Jan, 2017 03:36pm
Pakistan's track record in fighting terrorism stands above all: FO
World Top News

Pakistan's track record in fighting terrorism stands above all: FO

ISLAMABAD: Pakistan's operations against terrorism, including Zarb-e-Azb, have led to elimination of terrorist groups and stabilization of Pak-Afghan border area and its track record in the fighting terrorism stands above all other countries, Foreign
Published 26 Jan, 2017 03:30pm
Imran seeking a way out in Panama papers case: Marriyum
Front Top News

Imran seeking a way out in Panama papers case: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb Thursday said Imran Khan, after observing that all the doubts and ambiguities created by him regarding the Panama Papers were being dissipated during the S
Published 26 Jan, 2017 02:39pm
Pakistan wins first round of WHO head election
Pakistan Top News

Pakistan wins first round of WHO head election

ISLAMABAD: Defeating the United Kingdom, Italy, France and Hungary, Pakistan has won the first round of elections to the global head of World Health Organization (WHO).
Published 26 Jan, 2017 02:34pm
PM hopes WB to play lead role in resolving Pak-India water disputes
Front Top News

PM hopes WB to play lead role in resolving Pak-India water disputes

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Thursday hoped that the World Bank would play a lead role in resolution of disputes arisen between India and Pakistan regarding construction of Hydro-Electric Plants through establishment of a court of arbit
Published 26 Jan, 2017 01:48pm
Subdued in Ink by Csekk Istvan
Featured Photos

Subdued in Ink by Csekk Istvan

Photo Credit: Csekk Istvan%Dsekk Istvn is an art director, media designer and visual artist based in Budapest, Hungary.
Published 26 Jan, 2017 01:34pm
In Bloom by Hidenobu Suzuki
Featured Photos

In Bloom by Hidenobu Suzuki

Photo Credit: Hidenobu Suzuki%D%AHidenobu Suzuki is a talented photographer and artist based in Toyohashi, Aichi, Japan.
Published 26 Jan, 2017 01:30pm
Elevated Pastures by Florian Wenzel
Featured Photos

Elevated Pastures by Florian Wenzel

Photo Credit: Florian Wenzel%Dlorian Wenzel is a talented twenty years old photographer, filmmaker and traveler based in Ulm, Germany.
Published 26 Jan, 2017 01:26pm
Some Blow & Change by Dylan Schwartz
Featured Photos

Some Blow & Change by Dylan Schwartz

Photo Credit: Dylan Schwartz%Dylan Schwartz is a superb talented art director, designer, filmmaker and photographer from Los Angeles, who currently works at Saatchi & Saatchi.
Published 26 Jan, 2017 01:23pm
Lavender Trails by Ellie Victoria
Featured Photos

Lavender Trails by Ellie Victoria

Photo Credit: Ellie Victoria%Dllie Victoria Gale is a talented fine art and portrait photographer currently based in Holmfirth, United Kingdom.
Published 26 Jan, 2017 01:20pm
Supermoon Dodgers by Dylan Schwartz
Featured Photos

Supermoon Dodgers by Dylan Schwartz

Photo Credit: Dylan Schwartz%Dylan Schwartz is a superb talented art director, designer, filmmaker and photographer from Los Angeles, who currently works at Saatchi & Saatchi.
Published 26 Jan, 2017 01:17pm
Zia assured Reagan Pakistan won't build atomic bomb
Front Top News

Zia assured Reagan Pakistan won't build atomic bomb

Documents made public by the Central Intelligence Agency (CIA) have revealed that Pakistans former military ruler General Zia-ul-Haq had assured American President Ronald Reagan in 1980s that Pakistan would not build nuclear weapons.
Published 26 Jan, 2017 01:15pm
Jade Mountain by Hannes Flo
Featured Photos

Jade Mountain by Hannes Flo

Photo Credit : Hannes Flo%D%AHannes flo is a 23-year-old from Austria and is an avid music enthusiast.
Published 26 Jan, 2017 01:15pm
Leeway Drop by James Creel
Featured Photos

Leeway Drop by James Creel

Photo Credit: James Creel%D%AJames Creel aka Vivid Resonance is a talented self-taught photographer currently lives and works in Brooklyn, New York.
Published 26 Jan, 2017 01:11pm
Hue Imbued by Jessica Devnani
Featured Photos

Hue Imbued by Jessica Devnani

Photo Credit: Jessica Devnani%D%AJessica Devnani aka Pink Plankton is a talented 20-something photographer, filmmaker, multimedia designer and adventurer from Toronto, Canada.
Published 26 Jan, 2017 01:09pm
Qatar welcomes Trump's call for Syria safe zones
North America

Qatar welcomes Trump's call for Syria safe zones

DOHA: Qatar, a backer of rebels fighting Syrian President Bashar al-Assad, welcomed US President Donald Trump's pledge to order safe zones in Syria, a foreign ministry official was quoted as saying by state news agency QNA on Thursday.
Published 26 Jan, 2017 01:05pm
Volkswagen compliance chief to leave board
Industry

Volkswagen compliance chief to leave board

FRANKFURT: Volkswagen's compliance chief Christine Hohmann-Dennhardt will leave the management board, just over a year after joining the carmaker, German daily Handelsblatt reported, citing company sources.
Published 26 Jan, 2017 01:04pm
Brazil loan defaults drop for 2nd month in December
World

Brazil loan defaults drop for 2nd month in December

BRASILIA: Loans in arrears for 90 days or more in Brazil fell for a second straight month in December to the lowest since July while bank lending grew slightly, the central bank said on Thursday.
Published 26 Jan, 2017 01:04pm
Gul slams 'senior' batsman Shoaib Malik
Cricket

Gul slams 'senior' batsman Shoaib Malik

Pakistans fast bowler Umar Gul has slammed senior batsman Shoaib Malik, for lack of performance against Australia in the just concluded One Day International (ODI) series.
Published 26 Jan, 2017 01:04pm
Fiat Chrysler says to nearly halve net debt in 2017
Industry

Fiat Chrysler says to nearly halve net debt in 2017

MILAN: Fiat Chrysler Automobiles (FCA) plans to nearly halve net debt this year, much more than expected and boosting its shares on Thursday as it races to deliver a turnaround plan by the end of next year.
Published 26 Jan, 2017 12:59pm
Federer edges Wawrinka thriller to reach final
Sports

Federer edges Wawrinka thriller to reach final

MELBOURNE: Roger Federer edged a five-set thriller against his fellow Swiss and close friend Stan Wawrinka at the Australian Open on Thursday to become the oldest Grand Slam finalist in 43 years.
Published 26 Jan, 2017 12:42pm
Ankara says Merkel to visit Turkey on February 2
Europe

Ankara says Merkel to visit Turkey on February 2

ANKARA: German Chancellor Angela Merkel is planning to visit Turkey on February 2, the Turkish foreign ministry said Thursday, her first visit since relations deteriorated last year in the aftermath of the July failed coup.
Published 26 Jan, 2017 12:41pm
IoK's spinner Rasool makes T20 debut for India
Cricket

IoK's spinner Rasool makes T20 debut for India

KANPUR: Off-spinner Parvez Rasool made his Twenty20 debut for India Thursday in the series opener against England, becoming the first player from the Indian occupied Kashmir (IoK) to feature in a home international.
Published 26 Jan, 2017 12:38pm
Pakistan ends Australian tour on a losing note
Pakistan Top News

Pakistan ends Australian tour on a losing note

ADELAIDE: Australia cruised to a 57-run victory over Pakistan in the fifth and final one-day international at the Adelaide Oval on Thursday.
Published 26 Jan, 2017 12:09pm
China eyeing new air-to-air missile for distant high-value targets
Front Top News

China eyeing new air-to-air missile for distant high-value targets

BEIJING: China may be testing a new, long-range air-to-air missile that could take out early warning aircraft and aerial refuelling aircraft, a state-run newspaper said on Thursday, after pictures of the new missile surfaced online.
Published 26 Jan, 2017 11:26am
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Thursday having 50192.
Published 26 Jan, 2017 11:07am
Avalanches kill six Indian soldiers in IoK
Front Top News

Avalanches kill six Indian soldiers in IoK

SRINAGAR: Six Indian soldiers were killed in Indian occupied Kashmir (IoK) when avalanches hit an army post and a patrol along the de facto border that Line of Control (LOC), the army said on Thursday.
Published 26 Jan, 2017 10:46am
Pakistan wants meaningful, constructive engagement with Afghanistan: Fatemi
Pakistan Top News

Pakistan wants meaningful, constructive engagement with Afghanistan: Fatemi

ISLAMABAD: Special Assistant to Prime Minister on Foreign Affairs, Syed Tariq Fatemi on Thursday said Pakistan looked forward to meaningful and constructive engagement with Afghanistan on issues of common concern with a view to promoting peace and stabili
Published 26 Jan, 2017 10:37am
PEMRA calls for an all-out ban on Amir Liaquat
Front Top News

PEMRA calls for an all-out ban on Amir Liaquat

PEMRA (Pakistan Electronic Media Regulatory Authority) just issued a notification today banning the entertainer/TV personality, Amir Liaquat and his show Aisay Nahi Chalay Ga on BOL News due to hate speech and slander. %D%A%D%A
Published 26 Jan, 2017 09:46am
Momentum Tech Conference: Where ideas meet investment
Business & Economy

Momentum Tech Conference: Where ideas meet investment

Looking to launch your startup, raise money and learn about starting a company? Then Momentum Pakistan is the place for you! The 2-day startup conference and exhibition is a must-attend for iconoclastic doers from around Pakistan who share a common intere
Published 26 Jan, 2017 09:38am
Shahid Afridi frees Pakistani prisoners in Dubai
Cricket

Shahid Afridi frees Pakistani prisoners in Dubai

Pakistan star All-rounder Shahid Afridi knows how to stay in news, after making a name for self in the cricketing world, Boom Boom eyes to repeat the same with his philanthropic activities.
Published 26 Jan, 2017 08:51am
Rodgers salutes record-equalling Celtic
Football

Rodgers salutes record-equalling Celtic

GLASGOW: Brendan Rodgers praised his Celtic players for their professionalism as they equalled a club record run of 26 domestic games unbeaten at the start of a season.
Published 26 Jan, 2017 08:36am
Mexican president condemns Trump's wall plan
North America

Mexican president condemns Trump's wall plan

MEXICO CITY: Mexican President Enrique Pena Nieto on Wednesday condemned Donald Trump's move to build a border wall but fell short of deciding whether to cancel an upcoming meeting with the US president.
Published 26 Jan, 2017 08:28am
Umar seeks more time for Azhar Ali
Cricket

Umar seeks more time for Azhar Ali

Pakistan One Day International (ODI) skipper Azhar Ali, has been under severe criticism after his side dismal show against Australia in the ongoing ODI series, which Pakistan have already lost 3-1.
Published 26 Jan, 2017 08:05am
JGBs slip, superlong yields brush multi-month highs
Financial

JGBs slip, superlong yields brush multi-month highs

TOKYO: Japanese government bonds sank on Thursday, with superlong yields rising to their highest levels since early last year, as investors pondered whether this week's rising yields would prompt the Bank of Japan to adjust its bond-buying operations.
Published 26 Jan, 2017 08:03am
Johnson & Johnson to buy Actelion for $30bn
Industry

Johnson & Johnson to buy Actelion for $30bn

ZURICH: US healthcare giant Johnson & Johnson will acquire Swiss biotech company Actelion in a $30 billion all-cash deal that includes spinning off Actelion's research and development pipeline, the companies said on Thursday.
Published 26 Jan, 2017 07:58am
CPEC's softer side
Miscellaneous

CPEC's softer side

Earlier this week, this column inquired how Pakistani firms and individuals should prepare for the countrys Chinese future.
Published 26 Jan, 2017 07:52am
Serena, Venus set up dream Australian final
Sports

Serena, Venus set up dream Australian final

MELBOURNE: Unstoppable Serena Williams zeroed in on a record-breaking 23rd Grand Slam title Thursday by setting up an Australian Open final against her older sister Venus, as the siblings' dream came true.
Published 26 Jan, 2017 07:52am
Warner and Head set up huge Australian total
Cricket

Warner and Head set up huge Australian total

ADELAIDE: An Australian record partnership of 284 between David Warner and Travis Head helped Australia to a huge score of 369-7 in the final one-day international against Pakistan at the Adelaide Oval on Thursday.
Published 26 Jan, 2017 07:51am
On PSDP spending
Miscellaneous

On PSDP spending

The federal spending on the Rs800 billion public sector development programme (PSDP) has picked pace in last couple of months.
Published 26 Jan, 2017 07:50am
Power for Gwadar
Miscellaneous

Power for Gwadar

The focal point of the much-hyped China Pak Economic Corridor (CPEC) is the port city of Gwadar.
Published 26 Jan, 2017 07:49am
Trump defends restricted entry for Muslims
Front Top News

Trump defends restricted entry for Muslims

WASHINGTON: US President Donald Trump said late Wednesday that his plan to limit the entry of people from several Muslim countries was necessary because the world is "a total mess".
Published 26 Jan, 2017 07:38am
Tokyo stocks rally, Takata extends rebound
Financial

Tokyo stocks rally, Takata extends rebound

TOKYO: Tokyo shares rose Thursday after the Dow topped 20,000 points for the first time on hopes the Trump administration's economic plans will ramp up growth, while airbag maker Takata soared for a second day.
Published 26 Jan, 2017 07:21am
Tahir in trouble for paying tribute to Junaid Jamshed
Cricket

Tahir in trouble for paying tribute to Junaid Jamshed

Pakistan born South African leg spinner Imran Tahir is in hot waters, after the International Cricket Council was criticize for a wicket celebration in which he revealed a t-shirt under his playing kit carrying an image of Pakistani pop star turn evangeli
Published 26 Jan, 2017 07:06am
Rubber climbs

Rubber climbs

Benchmark Tokyo rubber futures climbed for a second day on Wednesday, recovering to a key 300 yen/kg level earlier in the session, as the yen's fall against the US dollar prompted fresh buying, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber con
Published 26 Jan, 2017 12:00am
Oil little changed as traders weigh US inventory build, Opec cuts

Oil little changed as traders weigh US inventory build, Opec cuts

Oil prices rebounded on Wednesday, reversing earlier losses even after data showed a build in US crude inventories, reinforcing traders' sentiment that oil is trapped in a range by expected Opec production cuts and US output growth. US crude futures for M
Published 26 Jan, 2017 12:00am
Shanghai aluminium rises

Shanghai aluminium rises

Aluminium on the Shanghai Futures Exchange rose 2.3 percent to close at 14,050 yuan ($2,042) a tonne on Thursday. Tracking gains in its London counterpart, the most-traded March copper contract in Shanghai rose 1.7 percent to 47,650 yuan a tonne.
Published 26 Jan, 2017 12:00am
THE RUPEE: Firm trend
Currency

THE RUPEE: Firm trend

The rupee almost sustained overnight levels against the dollar on Wednesday in the process of trading, dealers said. The rupee showed little changes in relation to the dollar for buying and selling at Rs 104.86 and Rs 104.87 respectively.
Published 26 Jan, 2017 12:00am
THE RUPEE: Firm trend
Currency

THE RUPEE: Firm trend

The rupee almost sustained overnight levels against the dollar on Wednesday in the process of trading, dealers said. The rupee showed little changes in relation to the dollar for buying and selling at Rs 104.86 and Rs 104.87 respectively.
Published 26 Jan, 2017 12:00am
Government values importance of press freedom: President

Government values importance of press freedom: President

President Mamnoon Hussain says the Government values the importance of press freedom. He was talking to a delegation of Press Council of Pakistan led by its Chairman Dr Salahuddin Mangal, here on Wednesday. The President said the media has an important ro
Published 26 Jan, 2017 12:00am
Ministry warns of terror attacks in Sindh & Balochistan

Ministry warns of terror attacks in Sindh & Balochistan

The interior ministry on Wednesday issued warning of possible terror attacks in Sindh and Balochistan. According to details, the ministry has also revealed that the Baloch separatists may possibly carry out a terrorist attack in Sindh and Balochistan. It
Published 26 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 25, 2017).

Published 26 Jan, 2017 12:00am
Pakistan sending suicide dogs: India

Pakistan sending suicide dogs: India

Making yet another absurd claim, India media on Wednesday alleged that Pakistani intelligence agency is sending suicide dogs in their country. An Indian TV channel while talking on behalf of security agencies has claimed that Pakistan is sending the highl
Published 26 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 25, 2017).

Published 26 Jan, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 25, 2017).

Published 26 Jan, 2017 12:00am
Pakistan urges UN to address root causes of world's disputes

Pakistan urges UN to address root causes of world's disputes

Pakistan has called for addressing the root causes of conflict as well as the decades-old international disputes to bring about sustainable peace in the world. "Sustainable peace is a daunting challenge that cannot be met unless the underlying causes of c
Published 26 Jan, 2017 12:00am
UK HC meets

UK HC meets

Sartaj Aziz, Adviser to the Prime Minister on Foreign Affairs received the British Ambassador to Afghanistan H.E. Dominic Jermey, today. He was accompanied by the British High Commissioner to Pakistan Thomas Drew. The two sides discussed the peace and sec
Published 26 Jan, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 25, 2017)

Published 26 Jan, 2017 12:00am
Imran's decision to pick Swati as parliamentary party leader irks many

Imran's decision to pick Swati as parliamentary party leader irks many

Pakistan Tehreek-e-Insaf (PTI) chief's decision to hand-pick Senator Azam Khan Swati as parliamentary leader of the party in the Senate, in place of Senator Noman Wazir Khattak, has stunned many, including some senior party leaders. According to PTI insid
Published 26 Jan, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 25, 2017).

Published 26 Jan, 2017 12:00am
Margin on PIBs soars

Margin on PIBs soars

Margin on the long-term investment papers surged up to 21 basis points (bps) in the auction held Wednesday. Bankers toldBusiness Recorder that, after a gap of three months, the federal government borrowed some Rs 39 billion through the auction for
Published 26 Jan, 2017 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 26 Jan, 2017 12:00am
Margin on PIBs soars

Margin on PIBs soars

Margin on the long-term investment papers surged up to 21 basis points (bps) in the auction held Wednesday. Bankers toldBusiness Recorder that, after a gap of three months, the federal government borrowed some Rs 39 billion through the auction for
Published 26 Jan, 2017 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 26 Jan, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 25, 2017).

Published 26 Jan, 2017 12:00am
CPEC industrial zones: APCPC urges government to take traders on board

CPEC industrial zones: APCPC urges government to take traders on board

All Pakistan Chambers Presidents' Conference (APCPC) has urged government to take traders community on board on the 4th part of China Pakistan Economic Corridor (CPEC) which is 'Industrial Zones Development'. The two-day 9th APCPC moot which concluded in
Published 26 Jan, 2017 12:00am
The Weather

The Weather

The weather report on Wednesday (January 25, 2017) and the forecast for Thursday (January 26, 2017).

Published 26 Jan, 2017 12:00am
Ice drug users on the rise in KP: speakers

Ice drug users on the rise in KP: speakers

Speakers have said that around 11 percent people in Khyber Pakhtunkhwa were drug users while Ice drug is increasing day by day among the youth. This was shared in a programme organised at Peshawar Press Club by Dost Welfare Foundation and Social Welfare D
Published 26 Jan, 2017 12:00am
Report on Fata reforms forwarded to cabinet: SAFRON ministry

Report on Fata reforms forwarded to cabinet: SAFRON ministry

Ministry of Sates and Frontier Regions (SAFRON) on Wednesday stated that report on Fata reforms, which has also recommended merger of the tribal areas with Khyber Pakhtunkhwa has been forwarded to the federal cabinet and is awaiting a final decision.
Published 26 Jan, 2017 12:00am
CPEC to open new vistas of progress, prosperity: speakers

CPEC to open new vistas of progress, prosperity: speakers

Speakers at an awareness seminar on "Introduction of CPEC and its benefits to Sindh," said that completion of mega projects under China-Pakistan Economic Corridor (CPEC) would open new vistas of rapid progress and prosperity in Sindh like other provinces
Published 26 Jan, 2017 12:00am
Three held with Rs 70,000 fake currency notes
Currency

Three held with Rs 70,000 fake currency notes

Islamabad police have arrested three youngsters and recovered fake currency worth Rs 70,000 from them, a police spokesman said. He said that three boys came on a car (ICT-YE-855) to a filling station at Service Road in Koral police area and asked to fill
Published 26 Jan, 2017 12:00am
World Bank team wants to invest in KP mineral sector

World Bank team wants to invest in KP mineral sector

A representative delegation of World Bank led by Vincant Palmade on Wednesday called on Khyber Pakhtunkhwa Minister for Minerals Development Anisa Zeb Tahirkheli and discussed matters of mutual interest. The World Bank delegation informed the minister abo
Published 26 Jan, 2017 12:00am
Two held for alleged involvement in financial scam

Two held for alleged involvement in financial scam

National Accountability Bureau (NAB), Karachi, on Wednesday claimed to have arrested two persons allegedly involved in a multi-million financial scam. According to details, one of them, identified as Muhammad Farhan Arif s/o Muhammad Arif, was arrested fr
Published 26 Jan, 2017 12:00am
18 medical laboratories sealed in Peshawar's Nauthia

18 medical laboratories sealed in Peshawar's Nauthia

District administration sealed 18 medical laboratories for unqualified staff, not registering and presence of expired-kit in a joint crackdown with Health Care Commission (HCC) in Nauthia locality of the district.
Published 26 Jan, 2017 12:00am
Sindh bans underage employment

Sindh bans underage employment

The Sindh Assembly on Wednesday unanimously passed 'The Sindh Prohibition of Employment of Children Bill, 2017" into a law to ban underage employment in the province. Following the 18th Constitutional Amendment, the Sindh government carried out the legisl
Published 26 Jan, 2017 12:00am
'K-4 Corridor exclusively meant for water supply projects'

'K-4 Corridor exclusively meant for water supply projects'

K-4 Corridor is exclusively meant for water supply projects. No other organisation or person could use this corridor. Only the K-4 canals would pass through the 1,000 feet wide corridor while remaining land will be reserved for future water projects, said
Published 26 Jan, 2017 12:00am
PBIF praises government's move on duty exemption
Cotton

PBIF praises government's move on duty exemption

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has lauded the government's move to exempt textile raw material from duty. The Federal Board of Revenue (FBR) has allowed duty exemptions on the import of raw materials for
Published 26 Jan, 2017 12:00am
Kazim Raza laid to rest

Kazim Raza laid to rest

Muhammad Kazim Raza, a Shia cleric who was shot dead by unknown persons in Gulistan-e-Jauhar on Tuesday night, was laid to rest in Wadi-e-Hussain graveyard on Wednesday. Earlier, his funeral prayer was offered under the Imamat of Allama Mirza Yousaf Hussa
Published 26 Jan, 2017 12:00am
APNS to hold training session for marketing personnel

APNS to hold training session for marketing personnel

Umer Mujib Shami, Secretary General, All Pakistan Newspapers Society has announced that APNS has planned to hold a training session of marketing personnel of member publications from 2:00 pm to 5:00 pm on Monday, January 30, 2017 at APNS House, Karachi. R
Published 26 Jan, 2017 12:00am
Two shot dead: old enmity

Two shot dead: old enmity

Armed men gunned down two people over old enmity and escaped from the scene of the crime here on Wednesday. Police said miscreants sprayed bullets at members of rival groups while they were on their way to court near New Bus Terminal Larkana. Both persons
Published 26 Jan, 2017 12:00am
Three bodies found in Karachi

Three bodies found in Karachi

At least three bodies were found from different areas of the metropolis, informed police authorities on Wednesday. In Block 14 of Gulistan-e-Jauhar, unidentified suspects fled the spot after throwing a body near a roadside superstore. The deceased has bee
Published 26 Jan, 2017 12:00am
Gemstones trade delegation leaves for US

Gemstones trade delegation leaves for US

A 10-member gemstones trade delegation, led by the Director of Trade Development Authority of Pakistan (TDAP), Sarir-ud-Din, has left for USA to participate in Tucson Gem, Mineral and Fossil Show at Tucson, Arizona. A TDAP statement said Tucson Gem, Miner
Published 26 Jan, 2017 12:00am
TV show hunts for honest bureaucrats

TV show hunts for honest bureaucrats

Pakistan routinely ranks among the world's most corrupt countries, but a reality TV show aims to tackle the scourge by highlighting some of the nation's honest bureaucrats. A Punjab official who cracked down on bribery in his district linked to land regis
Published 26 Jan, 2017 12:00am
APBF lauds Pakistan's new ranking as 'Emerging Market'

APBF lauds Pakistan's new ranking as 'Emerging Market'

The leading provider of international investment decision support tools - MSCI has reclassified its Pakistan Index to the higher status of 'Emerging Markets'. MSCI is expected to announce this decision at the "Semi-Annual Index Review in May 2017". The de
Published 26 Jan, 2017 12:00am
APBF lauds Pakistan's new ranking as 'Emerging Market'

APBF lauds Pakistan's new ranking as 'Emerging Market'

The leading provider of international investment decision support tools - MSCI has reclassified its Pakistan Index to the higher status of 'Emerging Markets'. MSCI is expected to announce this decision at the "Semi-Annual Index Review in May 2017". The de
Published 26 Jan, 2017 12:00am
Suzuki Township Motors win award

Suzuki Township Motors win award

Suzuki Township Motors have once again earned the honour of "Pakistan's Best (No 1) Authorised Dealership" declared in Pak Suzuki Motor Co Limited Annual Dealers' Convention held in Amman, Jordan attended by all Pak Suzuki Dealers for the period July-Dece
Published 26 Jan, 2017 12:00am
Weather delays flights at Lahore Airport

Weather delays flights at Lahore Airport

Bad weather affected flight schedule at Allama Iqbal International Airport on Wednesday, said airport sources. According to the sources, the Islamabad-Lahore bound PIA flight PK-651 was diverted again to Islamabad due to the bad weather. Besides, landing
Published 26 Jan, 2017 12:00am
Flour millers say State Bank must pay rebate money

Flour millers say State Bank must pay rebate money

The Pakistan Flour Mills Association (PFMA-Punjab) alleged here on Wednesday that the State Bank of Pakistan (SBP) has not paid the amount to the exporters under rebate on export of wheat and wheat products.
Published 26 Jan, 2017 12:00am
Child labour survey to be completed this year: Punjab PA told

Child labour survey to be completed this year: Punjab PA told

Punjab Assembly was informed on Wednesday that child labour survey in Punjab will be completed this year with the co-operation of UNESCO. Speaking during question-answer session here in the provincial Assembly session, Parliamentary Secretary, Mian Naveed
Published 26 Jan, 2017 12:00am
MCC (Preventive) Lahore to celebrate Customs Day today

MCC (Preventive) Lahore to celebrate Customs Day today

The Model Customs Collectorate (Preventive) Lahore will celebrate International Customs Day on 26th January at the Al-Hamra Hall. Governor Punjab Malik Muhammad Rafique Rajwana will preside over the event as chief guest. Chief Collectorate Ms Samaira Nazi
Published 26 Jan, 2017 12:00am
Customs Central Region collects Rs 2782 million ST in 15 days of January

Customs Central Region collects Rs 2782 million ST in 15 days of January

Customs Central Region has collected Rs 2782 million under the head of sales tax during the first fifteen days of January 2016-17, said sources. They said the Customs Appraisement Lahore has collected Rs 1149 million during the first 15 days of the period
Published 26 Jan, 2017 12:00am
LCCI signs MoU with Rahimyar Khan and Gujrat CCIs

LCCI signs MoU with Rahimyar Khan and Gujrat CCIs

The Lahore Chamber of Commerce and Industry on Wednesday inked a Memorandum of Understanding (MoU) with Rahimyar Khan and Gujrat chambers of commerce and industry to make joint efforts for the cause of business community and enhancing trade and economic a
Published 26 Jan, 2017 12:00am
NBP maintains positive relationship with customers: Kazmi

NBP maintains positive relationship with customers: Kazmi

The Group Head for Remittance Business of National Bank of Pakistan (NBP) S H Irtiza Kazmi on Wednesday said that NBP has focused special attention on maintaining a positive and healthy relationship with its customers.
Published 26 Jan, 2017 12:00am
Shahbaz, CEO of German co discuss co-operation in energy sector

Shahbaz, CEO of German co discuss co-operation in energy sector

Punjab Chief Minister Shahbaz Sharif and Chief Executive Officer of the renowned German company Lahmeyer, Bernd Metzger, discussed the expansion of co-operation in the energy sector in a meeting held here Wednesday. Speaking on the occasion, Chief Ministe
Published 26 Jan, 2017 12:00am
LDA establishes Facilitation Desk for Overseas Pakistanis

LDA establishes Facilitation Desk for Overseas Pakistanis

Lahore Development Authority has established a dedicated desk at its One Window Cell, to facilitate Overseas Pakistanis. Officer/officials posted at Facilitation Desk for Overseas Pakistanis will perform their duties to entertain and promptly dispose of r
Published 26 Jan, 2017 12:00am
SAARC CCI to hold EC meeting in Amritsar, Lahore

SAARC CCI to hold EC meeting in Amritsar, Lahore

To strengthen the objective of SAARC and spread a message of peace and harmony in the South Asian region, the leadership of SAARC Chamber of Commerce and Industry has decided to hold its 68th Executive Committee Meeting in Amritsar and Lahore.
Published 26 Jan, 2017 12:00am
'Rights of sugarcane growers will be protected'

'Rights of sugarcane growers will be protected'

Cane Commissioner Punjab, Waqas Alam while presiding over a joint meeting here at DC Office committee room has said the rights of the sugarcane growers would be protected and no exploitation against them would be tolerated. Representatives of farmers and
Published 26 Jan, 2017 12:00am
LCWU reduces fee for PhD students

LCWU reduces fee for PhD students

Lahore College for Women University (LCWU) has announced to reduce fee for PhD students and formed 12 member Doctoral Committee for facilitation and to formulate affordable fee structure consulting with other public sector universities. Vice Chancellor LC
Published 26 Jan, 2017 12:00am
Daewoo bus stand to be shifted to Thokar Niaz Baig

Daewoo bus stand to be shifted to Thokar Niaz Baig

In order to decrease the traffic rush in the city, the district administration has decided to shift Daewoo Bus Stand from Kalma Chowk to Thokar Niaz Baig. It was decided in the meeting chaired by Deputy Commissioner Lahore Syed Sumair here on Wednesday at
Published 26 Jan, 2017 12:00am
Lord Mayor of London visits PSX

Lord Mayor of London visits PSX

The Lord Mayor of London Alderman Dr Andrew Parmlay visited Pakistan Stock Exchange on Wednesday and attended the gong ceremony. He also rang the trading opening bell at the main trading hall of Pakistan Stock Exchange. Talking to press on this occasion,
Published 26 Jan, 2017 12:00am
Shahid Afridi Foundation to help Pakistani prisoners in UAE

Shahid Afridi Foundation to help Pakistani prisoners in UAE

Shahid Afridi Foundation has geared up for yet another social cause as the star cricketer on Wednesday announced that his charity would bring back Pakistanis imprisoned in Dubai jails. Earlier, Shahid Afridi met authorities in Dubai and raised the point o
Published 26 Jan, 2017 12:00am
PTI's allegations against Maryam prove false: PML-N leaders

PTI's allegations against Maryam prove false: PML-N leaders

Pakistan Muslim League-Nawaz (PML-N) leaders while flaying Chairman Pakistan Tehrik-e-Insaf Imran Khan claimed on Wednesday that the counsel for Maryam Nawaz had proved in the Supreme Court that PTI's allegations against her were false and she was not a d
Published 26 Jan, 2017 12:00am
Accountability of Nawaz only way to strengthen democracy: Imran

Accountability of Nawaz only way to strengthen democracy: Imran

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Wednesday reiterated that accountability of Prime Minister Nawaz Sharif is need of the hour as this is the only way out to strengthen democracy in the country. Presiding over a meeting of his party parlia
Published 26 Jan, 2017 12:00am
LHC dismisses Zaeem Qadri's exemption plea

LHC dismisses Zaeem Qadri's exemption plea

A full bench of the Lahore High Court on Wednesday denied provincial minister Zaeem Ahmad Qadri exemption from personal appearance in proceedings of a case regarding illegality in establishment of Lahore campus of Bahauddin Zakariya University (BZU), Mult
Published 26 Jan, 2017 12:00am
Sanaullah seeks contempt of court action against Shaikh Rashid

Sanaullah seeks contempt of court action against Shaikh Rashid

Punjab Law Minister Rana Sanaullah has urged the Chief Justice of Supreme Court to initiate contempt of court proceedings against Sheikh Rashid for influencing the court on Panama case. He was talking to media outside the provincial assembly on Wednesday.
Published 26 Jan, 2017 12:00am
BJP declares Shahrukh 'traitor' again

BJP declares Shahrukh 'traitor' again

The ruling party of India, Bharatiya Janata Party (BJP), has now come out openly against film star Shahrukh Khan and his movie 'Raees', terming the star a 'traitor.' It is being tough for the Indian star to show them their real faces in the mirror regardi
Published 26 Jan, 2017 12:00am
PIA not paying taxes, ECC told

PIA not paying taxes, ECC told

Pakistan International Airlines (PIA) is reportedly not paying taxes to the government despite collecting Federal Excise Duty (FED) on the issuance of tickets, well-informed sources told Business Recorder. This was disclosed at a recent meeting of
Published 26 Jan, 2017 12:00am
Mobilising financing needs: IFC urged to establish new institution

Mobilising financing needs: IFC urged to establish new institution

Federal Finance Minister, Senator Muhammad Ishaq Dar, held a meeting with a delegation of the International Finance Corporation (IFC) at the Ministry of Finance here on Wednesday. The IFC delegation, led by Nadeem Siddiqui, Country Manager for IFC in Paki
Published 26 Jan, 2017 12:00am
Will not vacate Lal Haveli, says Shaikh Rashid

Will not vacate Lal Haveli, says Shaikh Rashid

Awami Muslim League (AML) Chief Sheikh Rashid on Wednesday said that he would not vacate Lal Haveli at any cost. Talking to media outside Supreme Court (SC), Sheikh Rasheed said that he would continue legal fight against corruption. He also advised Rana S
Published 26 Jan, 2017 12:00am
MCCI chief hails export policy

MCCI chief hails export policy

Khawaja Jalaluddin Roomi, President of Multan Chamber of Commerce & Industry (MCCI) called on Prime Minister Nawaz Sharif at Bahauddin Zakariya University Multan during his visit on Wednesday and hailed the government policies regarding boosting up the ex
Published 26 Jan, 2017 12:00am
Law in offing to bring reinsurance brokers into SECP's ambit

Law in offing to bring reinsurance brokers into SECP's ambit

The Securities and Exchange Commission of Pakistan (SECP) has decided to explicitly bring reinsurance brokers into the regulatory ambit of the commission to effectively develop the reinsurance market in Pakistan. Sources toldBusiness Recorder here
Published 26 Jan, 2017 12:00am
Third mega leather show to be held from tomorrow

Third mega leather show to be held from tomorrow

The third Pakistan Mega Leather Show is being held from January 27-29 at Lahore Expo Centre with a special focus on enhancing the investors' confidence in Pakistan's business market and to attract investors, national and international, towards the tremend
Published 26 Jan, 2017 12:00am
Kashmiris to observe black day today

Kashmiris to observe black day today

Kashmiris on both sides of the Line of Control (LoC) and across the world will observe the Indian Republic Day as Black Day on Thursday, January 26 (today). Call for observance of the Black Day has been given by the joint resistance leadership comprising
Published 26 Jan, 2017 12:00am
90 percent relief ensured to taxpayers: FTO

90 percent relief ensured to taxpayers: FTO

Around 90 percent relief is provided to the complainants by the office of Federal Tax Ombudsman (FTO) to taxpayers in the appeals filed against the decisions of Income Tax, Sales Tax, Federal Excise Duty, and Custom officials. This was said by Federal Tax
Published 26 Jan, 2017 12:00am
Marriott Hotel celebrates Chinese New Year

Marriott Hotel celebrates Chinese New Year

Marriott Hotel organised a PR event to celebrate this Chinese New Year 2017 is the year of the tenth Chinese zodiac, the rooster. However, this is the year of the fire rooster. Fire Rooster year comes once every 60-year cycle. This Chinese New Year is the
Published 26 Jan, 2017 12:00am
Zarb-e-Azb significantly improved law & order: Prime Minister

Zarb-e-Azb significantly improved law & order: Prime Minister

Prime Minister Nawaz Sharif on Wednesday said that law and order situation in the country had significantly improved as a consequence of operation 'Zarb-e-Azb.' According to an official statement, he was talking to Takashi Kurai, Ambassador of Japan to Pa
Published 26 Jan, 2017 12:00am
Meeting of BASR University Wah held

Meeting of BASR University Wah held

Board of Advanced Studies and Research (BASR), University Wah, held its fourth periodic meeting in University's Seminar Hall, Vice Chancellor University of Wah, Professor Dr Khaliq ur Rehman Shad SI (M), chaired the meeting. Principal Officers, Deans, Dir
Published 26 Jan, 2017 12:00am
Pesco issues NoC for two megawatts Birmugh Golen power project

Pesco issues NoC for two megawatts Birmugh Golen power project

The Board of Directors (BoD) of Peshawar Electricity Supply Company (Pesco) has approved the issuance of no-objection certificate (NoC) in respect of two megawatt Hydro Project Birmugh Golen Chitral, purchase of 1,367 distribution transformers of 50 KVA,
Published 26 Jan, 2017 12:00am
Pakistan's ranking improves in CPI 2016

Pakistan's ranking improves in CPI 2016

Chairman TI Pakistan Advocate Sohail Muzaffar said Pakistan CPI score had increased by two points from 30 to 32 out of 100. Pakistan's rank in the CPI 2016 had improved to 61st above most corrupt country in 176 countries in 2016 from 52nd above most corru
Published 26 Jan, 2017 12:00am
Highway to link Khunjerab with Urumqi: Chinese media

Highway to link Khunjerab with Urumqi: Chinese media

The Xinjiang Uygur autonomous region will inject record funding into building new roads this year so it can better serve as China's trade hub linking Pakistan and some other regional countries along the Silk Road Economic Belt, reports Chinese media.
Published 26 Jan, 2017 12:00am
PUC, MWL vow joint struggle for resolution of Ummah challenges

PUC, MWL vow joint struggle for resolution of Ummah challenges

Pakistan Ulema Council (PUC) and Muslim World League (MWL) have agreed on carrying out joint struggle for resolution of confronting challenges to Muslim Ummah as well as for annihilation of terrorism, extremism and sectarian violence.
Published 26 Jan, 2017 12:00am
Substandard gas cylinders LPG licensees urged to run awareness campaign

Substandard gas cylinders LPG licensees urged to run awareness campaign

Oil and Gas Regulatory Authority (OGRA) directed all LPG licensees on Wednesday to run an awareness campaign against substandard gas cylinders to save public life and property. In a directive to all LPG marketing companies and LPG Association of Pakistan,
Published 26 Jan, 2017 12:00am
Terror offenses decline in Fata last year: report

Terror offenses decline in Fata last year: report

Terrorist attacks in Fata have seen a slight downward trend in 2016 compared to the previous year. A report published by the Fata Research Centre in Islamabad reveals that 130 militant attacks were recorded in 2016, compared to 146 in 2015. Similarly, 881
Published 26 Jan, 2017 12:00am
Senate body briefed about TIP school affairs

Senate body briefed about TIP school affairs

Representatives of PTCL on Wednesday briefed the Senate Committee on Information Technology and Telecommunication about the TIP school affairs. The committee further said nothing should intervene with the education of the students and more teachers should
Published 26 Jan, 2017 12:00am
Saudi Arabia to finance Swat expressway

Saudi Arabia to finance Swat expressway

Saudi Arabia has agreed to provide financial assistance of four billion rupees for the construction of Swat Expressway. Official sources on Wednesday said that one hundred and thirteen kilometres long Swat Expressway will connect Chakdara with Kalam. The
Published 26 Jan, 2017 12:00am
Excise minister asks DG to enhance accountability process

Excise minister asks DG to enhance accountability process

Provincial Minister for Excise and Taxation Mukesh Kumar Chawla has directed DG Excise and Taxation to enhance accountability process within the department and make it more effective with check and balance system for eradication of corruption.
Published 26 Jan, 2017 12:00am
Noon Sugar Mills Limited

Noon Sugar Mills Limited

Part of the prolific Noon Group, Noon Sugar Mills Limited (PSX: NONS) was incorporated in 1964 in Punjab. The plant went into production in 1966 with a daily crushing capacity of 1,500 MT of sugarcane, which has since been raised to 9,000 MT. The company
Published 26 Jan, 2017 12:00am
Noon Sugar Mills Limited

Noon Sugar Mills Limited

Part of the prolific Noon Group, Noon Sugar Mills Limited (PSX: NONS) was incorporated in 1964 in Punjab. The plant went into production in 1966 with a daily crushing capacity of 1,500 MT of sugarcane, which has since been raised to 9,000 MT. The company
Published 26 Jan, 2017 12:00am
British think tank downgrades US to 'flawed democracy'

British think tank downgrades US to 'flawed democracy'

The United States has been downgraded from a "full democracy" to a "flawed" one in an annual ranking compiled by a British think tank, which cited an erosion of trust in government. New US President Donald Trump capitalised on such long-standing problems
Published 26 Jan, 2017 12:00am
Israel advances Western Wall train plan

Israel advances Western Wall train plan

Israel has advanced a plan to extend a high-speed rail line to include a Western Wall station, the transport ministry said Wednesday, despite the intense controversy it would likely provoke. Transport Minister Yisrael Katz has ordered planning and feasibi
Published 26 Jan, 2017 12:00am
EU hikes support for Libya coastguard to stop migrants

EU hikes support for Libya coastguard to stop migrants

The EU unveiled plans Wednesday to increase training for the Libyan coast guard as part of new measures to stop African migrants leaving for Europe in a feared spring surge. The European Commission, the EU executive, said the fragile UN-backed government
Published 26 Jan, 2017 12:00am
Russian 'ship of shame' returning from Syria: UK

Russian 'ship of shame' returning from Syria: UK

A Russian aircraft carrier used to wage a massive offensive on the Syrian city of Aleppo is on its way back to Russia, Britain's defence minister said Wednesday, calling it a "ship of shame". "We will keep a close eye on the Admiral Kuznetsov as it skulks
Published 26 Jan, 2017 12:00am
28 killed in Shabaab attack on Mogadishu hotel

28 killed in Shabaab attack on Mogadishu hotel

Twenty-eight people were killed Wednesday when Al-Shabaab fighters attacked a popular Mogadishu hotel, setting off two car bombs and opening fire on security guards, according to the city's main ambulance service. The attack, claimed by the al Qaeda-align
Published 26 Jan, 2017 12:00am
Greenpeace unfurls banner on crane near White House

Greenpeace unfurls banner on crane near White House

Greenpeace activists unfurled a large banner with the word "Resist" from a construction crane blocks from the White House Wednesday to protest against President Donald Trump.
Published 26 Jan, 2017 12:00am
Syrians ride first train across Aleppo in years

Syrians ride first train across Aleppo in years

Hundreds of Syrians took a train through battle-scarred east Aleppo on Thursday as services resumed for the first time after four years of fighting, a photographer working with AFP said. Men, women and children peered out the windows as they rode across e
Published 26 Jan, 2017 12:00am
Journalists charged with rioting in Washington

Journalists charged with rioting in Washington

Authorities in Washington D.C. should drop rioting charges against at least three journalists arrested while covering protests on the day of the inauguration of US President Donald Trump, the Committee to Protect Journalists said on Tuesday.
Published 26 Jan, 2017 12:00am
Days of North Korea's Kim are numbered: defector

Days of North Korea's Kim are numbered: defector

The North Korean regime is on an inexorable decline towards collapse, with its people increasingly disillusioned but its nuclear ambitions undimmed, a top defector said Wednesday.
Published 26 Jan, 2017 12:00am
Two London traders convicted of conspiring to defraud Russian bank

Two London traders convicted of conspiring to defraud Russian bank

Two London traders have been convicted of conspiring to defraud a Russian bank of more than 141 million pounds ($178 million) in a series of complex scams, prosecutors said on Wednesday. Georgy Urumov, 37, and Vladimir Gersamia, 33, were found guilty of m
Published 26 Jan, 2017 12:00am
Bolt loses gold as IOC strips 2008 Jamaica of relay win

Bolt loses gold as IOC strips 2008 Jamaica of relay win

Usain Bolt lost one of his nine Olympic gold medals Wednesday when the International Olympic Committee stripped Jamaica of their 4x100m relay win at the 2008 Beijing Games after a team-mate was caught doping.
Published 26 Jan, 2017 12:00am
Sahiwal, Pindi, Hyderabad, Mardan in girls TT semis

Sahiwal, Pindi, Hyderabad, Mardan in girls TT semis

Sahiwal, Rawalpindi, Hyderabad and Mardan took berth into the semi-finals of the All-Pakistan Girls Inter-Board Table Tennis Championship being played at Government Girls Degree College Takhtbhai, District Mardan on Wednesday. Director Sports BISE Mardan
Published 26 Jan, 2017 12:00am
Pakistan Super League ticket sale begins world-wide

Pakistan Super League ticket sale begins world-wide

HBL Pakistan Super League has partnered with Q-Tickets as the official online ticketing partners of its second season which gets underway on the 9th of February in the UAE. Single match tickets for this highly anticipated league are now up for world-wide
Published 26 Jan, 2017 12:00am
Richard Illingworth joins umpire panel list

Richard Illingworth joins umpire panel list

Former England Test spinner Richard Illingworth will perform as umpire in the second edition of the HBL Pakistan Super League (PSL). Illingworth who represented England in the 1992 World Cup final is currently a part of ICC's Elite Panel of Umpires. Illin
Published 26 Jan, 2017 12:00am
Senior Squash Championship: Farhan Mehboob advances

Senior Squash Championship: Farhan Mehboob advances

Former Asian Champion and World No 66 Farhan Mehboob has made an easy sailing to second round after recording victory in the first round of the National Senior Squash Championship, which got under way here at PAF Hashim Khan Squash Complex on Wednesday.
Published 26 Jan, 2017 12:00am
Lehmann calls for Pietersen BBL sacking

Lehmann calls for Pietersen BBL sacking

Australia's national coach Darren Lehmann has blasted Kevin Pietersen's performance in the Twenty20 Big Bash League, saying he should be dumped, after his Melbourne Stars team lost in the semi-final.
Published 26 Jan, 2017 12:00am
Bastia fan admits Balotelli racial abuse

Bastia fan admits Balotelli racial abuse

"Several" Bastia fans racially abused Nice forward Mario Balotelli with monkey chants while one admitted it and faces a France-wide stadium ban, the Corsican club said on Wednesday. The Italian said he suffered racist abuse throughout Friday's 1-1 Ligue 1
Published 26 Jan, 2017 12:00am
Nadal closes in on Federer final

Nadal closes in on Federer final

Rafael Nadal edged closer to a much-anticipated Australian Open final with his great rival Roger Federer after marching into the semi-finals on Wednesday. The 14-time Grand Slam champion was too powerful for injury-hit world number three Milos Raonic, win
Published 26 Jan, 2017 12:00am
Serena powers into semis

Serena powers into semis

An irrepressible Serena Williams kept her record-breaking Grand Slam dream alive Wednesday by beating Johanna Konta to make the Australian Open semi-final, where she will meet fellow veteran Mirjana Lucic-Baroni.
Published 26 Jan, 2017 12:00am
Japan ends painful wait for local-born 'yokozuna'

Japan ends painful wait for local-born 'yokozuna'

Japan's excruciating wait for a home-grown yokozuna, or sumo grand champion, ended Wednesday when 30-year-old Kisenosato was promoted to the ancient sport's highest rank.
Published 26 Jan, 2017 12:00am
Aussie bowler suffers 'brain bleed' after hit

Aussie bowler suffers 'brain bleed' after hit

Australian paceman Joe Mennie suffered a "minor brain bleed" and fractured skull after a ball hit his head during training, Cricket Australia (CA) said Wednesday.
Published 26 Jan, 2017 12:00am
Coutinho pens 'long-term' Liverpool deal

Coutinho pens 'long-term' Liverpool deal

Brazilian playmaker Philippe Coutinho has committed his future to Liverpool by signing a new "long-term" contract, the Premier League giants announced on Wednesday.
Published 26 Jan, 2017 12:00am
Aussie slips, kiwi up
Currency

Aussie slips, kiwi up

The Australian dollar slipped on Wednesday after fourth-quarter inflation came in below expectations, underlining the risk that interest rates were still more likely to move down than up this year. The Australian dollar fell 0.5 percent to touch a low of
Published 26 Jan, 2017 12:00am
US trade hopes lift sterling to six-week high
Currency

US trade hopes lift sterling to six-week high

Sterling climbed to six-week high against the dollar on Wednesday and scored a third straight gain against the euro on hopes that Theresa May's first meeting with Donald Trump would pave the way for a rapid US trade deal. For dealers it was a welcome brea
Published 26 Jan, 2017 12:00am
Canadian dollar strengthens

Canadian dollar strengthens

The Canadian dollar hit its strongest close in a week against its US counterpart on Tuesday as US President Donald Trump signed an executive order putting the Keystone XL pipeline back in play.
Published 26 Jan, 2017 12:00am
Asian currencies supported
Currency

Asian currencies supported

Asian currencies displayed some resilience on Wednesday as lingering worries about US President Donald Trump's protectionist stance and uncertainty over his fiscal policies dragged on the dollar. The Taiwan dollar rose 0.2 percent against the greenback, w
Published 26 Jan, 2017 12:00am
Sri Lankan rupee rises
Currency

Sri Lankan rupee rises

The Sri Lankan rupee ended slightly firmer on Wednesday, recovering from losses earlier in the day as dollar selling by foreign banks helped gains despite the central bank revising the spot reference rate by 10 cents to a record low, dealers said.
Published 26 Jan, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Wednesday. 78.99-79.00 (previous 78.97-78.98).
Published 26 Jan, 2017 12:00am
Dollar gains against yen, euro in New York
Currency

Dollar gains against yen, euro in New York

The US dollar firmed against the yen and euro on Tuesday, after several days of losses in the wake of President Donald Trump's inaugural speech promising more trade protectionism, with the US economic outlook still seen as better than that of Europe or Ja
Published 26 Jan, 2017 12:00am
Early trade in New York: dollar hits seven-week low

Early trade in New York: dollar hits seven-week low

The dollar hit a roughly seven-week low against a basket of major currencies on Wednesday on worries that US President Donald Trump was focusing too much on protectionism and not enough on pro-growth policies. Sterling jumped above $1.26 for the first tim
Published 26 Jan, 2017 12:00am
Dollar tumbles against basket of currencies in Europe
Currency

Dollar tumbles against basket of currencies in Europe

The dollar tumbled to a seven-week low against a basket of currencies on Wednesday on worries that US President Donald Trump was focusing too much on protectionism and isolationism, and not enough on pro-growth policies.
Published 26 Jan, 2017 12:00am
Dollar drifts lower in Asia
Currency

Dollar drifts lower in Asia

The dollar drifted lower against the yen and euro on Wednesday, as lingering concerns about US President Donald Trump's protectionist stance undermined the greenback's earlier rebound. The US currency was down 0.25 percent at 113.500 yen after briefly nea
Published 26 Jan, 2017 12:00am
Germany's DAX buoyant but Italian shares lag European stock market rally

Germany's DAX buoyant but Italian shares lag European stock market rally

European shares rose sharply on Wednesday, boosted by strong earning updates from Logitech and Banco Santander, with the STOXX 600 scoring its biggest one-day gain for 11 weeks. The benchmark index rose 1.3 percent and Germany's DAX rose 1.8 percent to it
Published 26 Jan, 2017 12:00am
Southeast Asian stocks cautious

Southeast Asian stocks cautious

Most Southeast Asian stock markets were flat to slightly higher on Wednesday amid signs US President Donald Trump's protectionist trade policies would help push Asian countries towards their own regional trade alliances.
Published 26 Jan, 2017 12:00am
China stocks rise

China stocks rise

China stocks rose for the fourth straight day on Wednesday, although optimism over improving corporate earnings was offset by a surprise increase in rates on medium-term loans. Trading volume in Shanghai shrank to the lowest in four months, as many trader
Published 26 Jan, 2017 12:00am
Indian shares rise

Indian shares rise

Indian shares closed at their highest in nearly three months on Wednesday, as financial stocks continued to rally on the back of quarterly results, while sentiment was aided by optimism ahead of the federal budget. The broader NSE index closed up 1.50 per
Published 26 Jan, 2017 12:00am
Italian bond yields spike as spectre of early elections rises
Currency

Italian bond yields spike as spectre of early elections rises

Italian government bond yields hit their highest level in more than six weeks on concern over political instability after the Constitutional Court ruled that the voting system was invalid, paving the way for early elections. Lawmakers from Italy's anti-es
Published 26 Jan, 2017 12:00am
Italian bond yields spike as spectre of early elections rises
Currency

Italian bond yields spike as spectre of early elections rises

Italian government bond yields hit their highest level in more than six weeks on concern over political instability after the Constitutional Court ruled that the voting system was invalid, paving the way for early elections. Lawmakers from Italy's anti-es
Published 26 Jan, 2017 12:00am
Australian, New Zealand shares up

Australian, New Zealand shares up

Australian shares closed modestly higher on Wednesday, supported by financial stocks that rose on positive leads from US counterparts, and by materials that were underpinned by higher commodity prices. The S&P/ASX 200 index rose 0.4 percent, or 21.40 poin
Published 26 Jan, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Tuesday as investors snapped up equities on improved outlook on corporate profits, trimming their safe-haven demand for bonds spurred by US President Donald Trump's protectionist trade stance.
Published 26 Jan, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Tuesday as investors snapped up equities on improved outlook on corporate profits, trimming their safe-haven demand for bonds spurred by US President Donald Trump's protectionist trade stance.
Published 26 Jan, 2017 12:00am
Hong Kong shares rise

Hong Kong shares rise

Hong Kong stocks rose on Wednesday, taking their cue from a firmer Wall Street, but market turnover was subdued without support from the mainland as the connect-schemes with Shanghai and Shenzhen did not operate ahead of the Lunar New Year.
Published 26 Jan, 2017 12:00am
S&P 500, Nasdaq set records as tech, banks lead

S&P 500, Nasdaq set records as tech, banks lead

The S&P 500 and Nasdaq set record highs on Tuesday in a broad rally led by financial and technology stocks. The advance comes as quarterly earnings season heats up and investors become optimistic that clarity on President Donald Trump's economic policies
Published 26 Jan, 2017 12:00am
Tokyo shares rebound after Trump-linked losses
Currency

Tokyo shares rebound after Trump-linked losses

Tokyo shares rallied Wednesday due to a weaker yen and a record close on Wall Street, after days of losses linked to fears over US President Donald Trump's economic policies. The benchmark Nikkei stock index rose 1.43 percent, or 269.51 percent, to close
Published 26 Jan, 2017 12:00am
Saudi and Kuwait continue uptrends, UAE pulls back

Saudi and Kuwait continue uptrends, UAE pulls back

Stock markets in Saudi Arabia and Kuwait continued uptrends on Wednesday, attracting regional investors' money away from the United Arab Emirates, which pulled back. The Saudi index rose 0.5 percent, climbing for a fifth straight day. It has been buoyed b
Published 26 Jan, 2017 12:00am
Philips profits more than double in 2016

Philips profits more than double in 2016

Dutch electronics giant Philips said Tuesday its bottom-line profit more than doubled in 2016, buoyed by gains from the flotation of its lighting business and the strong performance of its health technology division.
Published 26 Jan, 2017 12:00am
Philips profits more than double in 2016

Philips profits more than double in 2016

Dutch electronics giant Philips said Tuesday its bottom-line profit more than doubled in 2016, buoyed by gains from the flotation of its lighting business and the strong performance of its health technology division.
Published 26 Jan, 2017 12:00am
Panama's economy grows

Panama's economy grows

Panama's economy grew 4.64 percent in November compared with the same period a year earlier, spurred by public infrastructure projects, the government said on Tuesday. Construction, such as on the Panama City metro, Panama Canal and roads, as well as mini
Published 26 Jan, 2017 12:00am
Mexico fuel prices spur fastest inflation in over 4 years

Mexico fuel prices spur fastest inflation in over 4 years

Mexico's annual inflation shot up in early January to its fastest pace in over four years, stoked by a government-led increase in gasoline prices and raising the chances of another interest rate hike next month. Inflation in the 12 months through mid-Janu
Published 26 Jan, 2017 12:00am
Indonesia attracts tepid foreign direct investment inflow in Q4

Indonesia attracts tepid foreign direct investment inflow in Q4

Growth in foreign direct investment (FDI) slowed significantly in Indonesia in 2016's final quarter, which could dent efforts to boost the rate at which Southeast Asia's largest economy is expanding. Analysts said tepid FDI figures for October-December mi
Published 26 Jan, 2017 12:00am
Slovenia's business sentiment index hits highest since April 2008

Slovenia's business sentiment index hits highest since April 2008

Slovenia's business sentiment index rose to its highest level in nearly nine years in January against a backdrop of improving employment numbers, while tourist numbers also increased. The statistics office said on Wednesday its index rose to +10 in Januar
Published 26 Jan, 2017 12:00am
Dubai airport says still top for international traffic

Dubai airport says still top for international traffic

Dubai International cemented its title as the world's busiest airport for international passengers in 2016, with a 7.2 percent increase in traveller numbers to 83.6 million, its operator said Tuesday. Dubai Airports said "near record numbers" in December
Published 26 Jan, 2017 12:00am