News Archives for Latest - 2017-01-26

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

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

Pakistan Top News

World Bank CEO hails Pakistan's economic achievements

ISLAMABAD: Chief Executive Officer (IBRD/IDA), World Bank Group, Ms Kristalina I.

Published 26 Jan, 2017 06:21pm

Pakistan Top News

Sharif family has provided money trail of businesses: Zubair

ISLAMABAD: Privatization Minister Muhammad Zubair Thursday said members of Sharif family had provided Supreme Court the money trail of its business transactions going back to 40 years.

Published 26 Jan, 2017 06:18pm

General News

Debate on allotment of land to army personnel is detrimental to cohesion: ISPR

RAWALPINDI: Issue of allotment of agricultural land to Army officers and soldiers is being debated and conjectured for last few days.

Published 26 Jan, 2017 06:17pm

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

World

Portugal 2016 public deficit shrinks 10.5pc, better than planned

LISBON: Portugal's public sector deficit shrank 10.

Published 26 Jan, 2017 05:16pm

Financial

Dow holds above 20,000 as investors focus on earnings

NEW YORK: The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, while losses in tech stocks weighed on the S&P 500 and the Nasdaq Composite indexes.

Published 26 Jan, 2017 05:15pm

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

Europe

Russian, Turkish jets strike Islamic State in Syria

MOSCOW: Russian and Turkish jets carried out air strikes on Islamic State targets near the Syrian town of al-Bab on Thursday, Interfax news agency cited the Russian Defence Ministry as saying.

Published 26 Jan, 2017 05:07pm

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

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

Money & Banking

RBC warns authorities may intervene in Toronto housing market

TORONTO: Royal Bank of Canada on Thursday warned that policymakers are more likely to introduce measures to cool the Toronto housing market after home sales hit a record high in 2016.

Published 26 Jan, 2017 05:03pm

Pakistan

Dar chairs meeting to review matters related to PSM

ISLAMABAD: Federal Finance Minister, Senator Mohammad Ishaq Dar on Thursday chaired a meeting to review matters related to Pakistan Steel Mills (PSMs) in the Ministry of Finance.

Published 26 Jan, 2017 04:50pm

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

Pakistan

Murad terms CPEC a mega economic development project of country

HYDERABAD: Sindh Chief Minister, Syed Murad Ali Shah, has termed the CPEC a mega economic development project of the country which would also be beneficial for Sindh province.

Published 26 Jan, 2017 04:41pm

General News

Int'l organizations affirm govt's transparency: Shehbaz Sharif

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif on Thursday said that International organizations had affirmed the policies of the current government's transparency which was the proof of govt's zero tolerance policy against corruption.

Published 26 Jan, 2017 04:40pm

Front Top News

Mastercard-NADRA collaboration: Nisar suspends agreement

nisar ali khan ordered immediate suspension of the agreement

Published 26 Jan, 2017 04:37pm

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

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

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

Pakistan

New primary curriculum to be finalized till next year: Ahsan

ISLAMABAD: Minister for Planning Development and Reforms Ahsan Iqbal Thursday said the National Curriculum Council would be able to finalize an exemplary and modern educational curriculum for primary level till next year.

Published 26 Jan, 2017 03:27pm

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

Markets

Bullion Prices on Thursday

KARACHI: Following were the Bullion Prices in Karachi, Multan and Lahore on Thursday.

Published 26 Jan, 2017 02:34pm

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

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

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

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

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

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

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

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

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

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

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

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

Life & Style

Iran actress to boycott Oscars over 'racist' Trump visa ban

%D%ATEHRAN: The Iranian star of Oscar-nominated film "The Salesman" said Thursday she would boycott the awards in protest at President Donald Trump's "racist" ban on Muslim immigrants.

Published 26 Jan, 2017 01:09pm

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

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

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

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

Money & Banking

Santander Brasil expects gradual recovery in Brazil

SAO PAULO: Banco Santander Brasil SA expects the Brazilian economy to undergo a gradual recovery, which should allow the nation's largest foreign bank to keep growing in lending for smaller firms and financial services.

Published 26 Jan, 2017 01:04pm

Industry

Ford Motor quarterly profit matches Street expectations

DETROIT: Ford Motor Co earnings in the fourth quarter matched analyst expectations on Thursday, and the No.

Published 26 Jan, 2017 01:03pm

Commodities

Swiss gold exports to China hit record for December and 2016

LONDON: Switzerland's gold exports to China surged to their highest on record in December at 158 tonnes, data from the Swiss customs bureau showed on Thursday, nearly triple the level of the same month a year earlier.

Published 26 Jan, 2017 01:03pm

Managed Funds

Euro zone yields hit one-year highs on expectations of Trump growth policies

LONDON: Euro zone bond yields hit one-year highs on Thursday as investors took money out of bonds and piled into stocks on signs of a reviving world economy and expectations US President Donald Trump will adopt inflation and growth-boosting policies.

Published 26 Jan, 2017 01:02pm

Commodities

Egypt's GASC gets offers from 13 suppliers at wheat tender

ABU DHABI/CAIRO: Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), received offers from 13 suppliers at its wheat tender on Thursday, Cairo-based traders said.

Published 26 Jan, 2017 01:02pm

Energy

Asia Fuel Oil-Prompt spreads weaken further, drifting from fundamentals

SINGAPORE: The prompt-month time spreads of 380-cst fuel oil slipped to three-month low on Thursday despite a narrow decline in onshore Singapore inventories of the industrial fuel in a move that some traders said was drifting away from near-term fundamen

Published 26 Jan, 2017 01:02pm

Commodities

Corn falls on US trade policy concerns; soybeans, wheat ease

SINGAPORE/PARIS: Chicago corn futures lost ground on Thursday, giving up some of the previous session's gains as attention refocused on concerns about changes in trade policies under new US President Donald Trump.

Published 26 Jan, 2017 01:01pm

Europe

Eight held in Austrian police raid linked to Islamic State

VIENNA: Austrian police have taken eight people into custody in raids linked to potential connections with the militant group Islamic State, the APA news agency reported on Thursday, citing prosecutors.

Published 26 Jan, 2017 01:01pm

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

Financial

Despite Brexit trauma, sterling is no more volatile than euro, yen

LONDON: One narrative that has emerged from the fog surrounding Britain's exit from the European Union is that sterling has gone from being a long-established global reserve currency to one of the most fragile and volatile currencies in the world.

Published 26 Jan, 2017 12:59pm

Money & Banking

UK's free trade deal with EU difficult to achieve: ECB's Villeroy

MUNICH: Britain's quest for a free trade deal with the European Union once it leaves the bloc will be difficult to achieve, European Central Bank Governing Council member Francois Villeroy de Galhau said on Thursday.

Published 26 Jan, 2017 12:58pm

Industry

Unilever posts profit rise, warns of 'tough market'

THE HAGUE: Dutch food and cosmetics giant Unilever on Thursday posted a 5.

Published 26 Jan, 2017 12:50pm

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

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

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

Research-based education vital to attain economic self-reliance: President

ISLAMABAD: President Mamnoon Hussain on Thursday said research-based education was vital to help the country attain economic self-reliance.

Published 26 Jan, 2017 12:34pm

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

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

General News

PTI wants live media coverage of Panamagate case hearings

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) has requested the Supreme Court to allow live media coverage of the Panamagate cases proceedings so that the nation could know accurate situation.

Published 26 Jan, 2017 11:20am

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

Life & Style

India accuses Pakistan of sending 'suicide dogs', orchestrating train accidents

%D%AMaking yet another absurd claim, the Indian media on Wednesday alleged that a Pakistani intelligence agency is sending suicide dogs in their country for terrorism purposes.

Published 26 Jan, 2017 10:58am

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 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

Cricket

Comments over discrimination under Waqar were 'misconstrued': Sarfraz

Pakistani wicketkeeper-batsman Sarfraz Ahmed has downplayed his previous statement, saying that he had no issues with former head-coach Waqar Younis, and claims that his statements were 'misconstrued' and 'misunderstood'.

Published 26 Jan, 2017 10:29am

Arts

Facebook tunes trending topics to curb spread of fake news

%D%ASAN FRANCISCO: Under pressure to stymie the spread of fake news, Facebook on Wednesday modified its system for showing trending topics.

Published 26 Jan, 2017 10:29am

Business & Economy

Steps being taken to surpass 330,000 tons Kinnow exports

ISLAMABAD: Minister for National Food Security and Research, Sikandar Hayat Khan Bosan on Thursday said steps were being taken to surpass last year's kinnow exports of around 330,000 tons.

Published 26 Jan, 2017 10:20am

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

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

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

Life & Style

Faryal reveals why Amir didn't attend his brothers wedding

Faryal Makhdoom, wife of boxer Amir Khan has revealed that she did not attend her brother-in-law's wedding because both she and her daughter were not invited.

Published 26 Jan, 2017 08:47am

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

Industry

Kia Motors Q4 profit slumps amid strikes

SEOUL: Strikes cut deeply into the fourth quarter profits of South Korea's second largest automaker, Kia Motors, it said Thursday.

Published 26 Jan, 2017 08:35am

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

North America

Trump orders wall construction, angering Mexico

WASHINGTON: President Donald Trump on Wednesday ordered work to begin on building a wall across the Mexican border, angering his southern neighbor with his hardline stance on immigration.

Published 26 Jan, 2017 08:25am

Financial

China blue chips edge up to new 6-week high ahead of holiday

SHANGHAI: China shares rose for the fifth straight day on Thursday, with blue chips closing at fresh six-week highs, but gains were curbed after profits earned by industrial firms grew at a sharply slower pace last month.

Published 26 Jan, 2017 08:09am

Financial

Russian rouble flat; market readies for central bank interventions

MOSCOW: The Russian rouble was flat early on Thursday as higher oil prices eased concerns over central bank foreign-currency purchases starting from February.

Published 26 Jan, 2017 08:07am

Commodities

NY cocoa may retest resistance at $2,217

SINGAPORE: New York March cocoa may retest a resistance at $2,217 per tonne, as suggested by its wave pattern and a Fibonacci projection analysis.

Published 26 Jan, 2017 08:06am

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

Front Top News

Panamgate Case: Hassan, Hussain Nawaz submit replies before Apex Court

ISLAMABAD: The counsel for Hassan and Hussain Nawaz submitted their replies before the Supreme Court on Thursday, during the hearing of high profile Panamagate Case.

Published 26 Jan, 2017 08:04am

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

Money & Banking

RBS sets aside $4bn for US mortgage mis-selling

LONDON: Royal Bank of Scotland has taken a 3.

Published 26 Jan, 2017 08:01am

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

Miscellaneous

50,000 index: A bubble in the making?

Confidence is the name of the game; and liquidity is the trigger.

Published 26 Jan, 2017 07:56am

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

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

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

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

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

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

Pakistan Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Thursday, until mid day, KSE-100 Index was at 49879.

Published 26 Jan, 2017 07:27am

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

Business & Finance

CPEC sovereign guarantees may not augur well for budget

NAVEED BUTT & ZAHEER ABBASI%D%AISLAMABAD: Sovereign guarantees extended by the federal government for China Pakistan Economic Corridor (CPEC) energy and infrastructure projects may have serious implications on the budget as well as on the economy.

Published 26 Jan, 2017 07:19am

Business & Economy

901 cases of tax evasion, frauds involving Rs 53 billion detected

RECORDER REPORT%D%AISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue (IR), Federal Board of Revenue (FBR) has detected 901 mega cases of tax evasion, concealment/tax frauds and cases of high net individuals involving Rs 53 bi

Published 26 Jan, 2017 07:13am

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