News Archives for Latest - 2017-02-14

Life & Style

BMW recalls over 41,500 cars in China for faulty airbags

BEIJING: German luxury carmaker BMW will recall around 41,500 vehicles in China due to faulty airbags, according to the country's quality regulator.

Updated 09 May, 2018 10:01pm

General News

Safeguarding boundaries needed to control terrorism: Asif

ISLAMABAD: Minister for Defence Khawaja Muhammad Asif on Tuesday underlined the need for protecting boundaries to combat terrorism.

Published 14 Feb, 2017 08:14pm

General News

PTI trying to escape from accountability: Daniyal

ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) concluded its arguments in a case in Islamabad High Court, challenging ECP's decision to examine audited accounts of PTI against the allegations of receiving foreign funding.

Published 14 Feb, 2017 08:11pm

Sports

Tennis: Toni and Rafa Nadal to split in 2018

MADRID: Rafael Nadal's career-long coaching relationship with his uncle Toni Nadal will end this year, Toni Nadal confirmed to AFP on Tuesday.

Published 14 Feb, 2017 08:07pm

Energy

Oil pares gains as US supply concerns overshadow OPEC cuts

NEW YORK: Oil pared gains on Tuesday as concerns about rising supply from US shale output overshadowed an OPEC-led effort to cut global output, which has supported oil prices in a higher range.

Published 14 Feb, 2017 07:28pm

Energy

Europe Gasoline/Naphtha-Cracks Weaken but hold near three-month high

LONDON: Gasoline refining margins slightly declined on Tuesday but held near three-month highs due to strong demand in Asia and the Middle East and refinery outages in the region.

Published 14 Feb, 2017 07:27pm

Financial

Rolls-Royce weighs on FTSE 100 after five-day advance

LONDON: Britain's top share index ended slightly lower on Tuesday, pausing after a five-day winning streak as Rolls-Royce tumbled after reporting a record loss.

Published 14 Feb, 2017 07:26pm

Money & Banking

Deutsche Bank fails to dismiss US currency rigging lawsuit

NEW YORK: A US judge has rejected Deutsche Bank AG's bid to dismiss a lawsuit claiming it delayed foreign exchange trades to get a "last look" at how prices were moving, enabling the German bank to extract more profit at customers' expense.

Published 14 Feb, 2017 07:26pm

Financial

Dollar index rises as Yellen sees another rate increase

NEW YORK: The dollar rose to a three-week peak against a basket of major currencies on Tuesday as investors raised their outlook on a faster pace of US rate increases following comments from Federal Reserve Chair Janet Yellen.

Published 14 Feb, 2017 07:25pm

Financial

Sterling slides off 1-month high as inflation misses forecasts

LONDON: Sterling's best run against the euro in over four months came to a low-key end on Tuesday as below-forecast British inflation data added to a handful of subdued signals coming from the economy in the past couple of weeks.

Published 14 Feb, 2017 07:24pm

Commodities

Colombia coffee exporters brace for possible truckers strike

BOGOTA: Coffee exporters in Colombia, the world's top producer of washed arabica, are bracing for a possible truckers strike in the coming weeks, just seven months after they last blocked highways and sent coffee exports plunging by 60 percent.

Published 14 Feb, 2017 07:24pm

General News

UN in Pakistan strongly condemns terror attack in Lahore

ISLAMABAD: The United Nations Country Team in Pakistan is shocked at the brutality of the terror attack on peaceful protestors and police in Lahore.

Published 14 Feb, 2017 07:23pm

North America

Trump's trust in Flynn had been eroding: White House spokesman

WASHINGTON: President Donald Trump asked for the resignation of his national security adviser, Michael Flynn, after his level of trust in Flynn eroded to the point that he felt he needed to make a change, White House spokesman Sean Spicer told reporters o

Published 14 Feb, 2017 07:22pm

General News

Punjab Police performance improves significantly: Tariq Fazal

ISLAMABAD: State Minister for Capital Administration and Development Division (CADD) Dr.

Published 14 Feb, 2017 07:22pm

Financial

M&A hopes drive auto stocks higher as European shares steady

MILAN: European shares steadied on Tuesday, as gains in the auto sector on news that PSA Group is in talks to buy General Motors' European auto operations and stronger banking stocks offset weaker consumer and pharma stocks.

Published 14 Feb, 2017 07:21pm

General News

Hamza Shehbaz enquires after injured of blast in Mayo Hospital

LAHORE: Central leader of PML-N Hamza Shehbaz MNA enquired after injured persons of Charing Cross blast at Mayo Hospital, here on Tuesday.

Published 14 Feb, 2017 07:21pm

World

Fed on course to raise interest rates at an upcoming meeting: Yellen

WASHINGTON: The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she flagged considerable uncertainty over economic policy under the Trump administration.

Published 14 Feb, 2017 07:20pm

Commodities

European vegoils-Palm oil mostly down on increased output outlook

ROTTERDAM: Palm oil on the European vegetable oils market was mostly easier on Tuesday on the outlook for a pickup in production in the coming months.

Published 14 Feb, 2017 07:09pm

Commodities

European feeds-Soymeal eases on bumper South American crop outlook

ROTTERDAM: Soymeal on the European meals and feeds market was offered easier on Tuesday on expectations for a bumper South American soybean harvest and because of a strong dollar.

Published 14 Feb, 2017 07:08pm

Industry

Boeing expects 737 MAX-9 to fly in April as larger version takes shape

SEATTLE: Boeing Co said on Tuesday it plans to fly its new 737 MAX-9 aircraft for the first time in April, a further sign the company will start delivering the large version of the workhorse plane in 2018.

Published 14 Feb, 2017 07:07pm

World

Apple hits intraday record high for first time since 2015

SAN FRANCISCO: Apple Inc shares hit an intraday record high on Tuesday for the first time almost two years as investors raised bets that a 10th anniversary iPhone will boost lackluster sales.

Published 14 Feb, 2017 07:06pm

General News

Access to Information Bill to ensure transparency: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb Tuesday said the approval of the government-drafted Access to Information Bill by the select committee of the Senate, represented the fulfilment of yet ano

Published 14 Feb, 2017 05:54pm

General News

Shehbaz meets injured cops, lauds their services for country

LAHORE: The police officials injured in Monday's suicide attack told Punjab Chief Minister Muhammad Shehbaz Sharif here on Tuesday that they were ready to render more sacrifices for peace in the country.

Published 14 Feb, 2017 05:49pm

World Top News

War on terror to be taken to its logical end: PM

LAHORE: Prime Minister Muhammad Nawaz Sharif on Tuesday said the war on terror would be taken to its logical end.

Published 14 Feb, 2017 05:48pm

Business & Economy

9 Economic Zones to be set up under CPEC: Senate told

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal Tuesday apprised the Senate that nine Economic Zones, one each would set up in all four provinces, Gilgit-Baltistan, Azad Kashmir, Federal Administered Tribal Area (FATA), Federal Capital under

Published 14 Feb, 2017 05:47pm

Pakistan Top News

Writers, scholars can play important role in eliminating terrorism: President

ISLAMABAD: President Mamnoon Hussain Tuesday said Pakistani writers and scholars could play an important role in eliminating the scourge of terrorism and in the national progress.

Published 14 Feb, 2017 05:45pm

Business & Economy

China offers huge trade opportunities for Pakistani businessmen

RAWALPINDI: Chairman International Green Economy Association Deng Jihai Tuesday said China offered huge trade opportunities to the Pakistani business community and they should visit China to tap all areas for promoting trade.

Published 14 Feb, 2017 05:43pm

General News

Afghan President condoles Lahore tragedy with PM

ISLAMABAD: Afghan President Ashraf Ghani Tuesday telephoned Prime Minister Muhammad Nawaz Sharif and offered condolences over the loss of life in Monday's Lahore terrorist attack.

Published 14 Feb, 2017 05:43pm

World Top News

Foreign navies' participation in AMAN-17 reflects trust in Pakistan: PM

KARACHI: Prime Minister Muhammad Nawaz Sharif Tuesday said that the participation of a large number of foreign navies at Multinational Naval Exercise AMAN-17 was reflective of confidence of world navies in Pakistan.

Published 14 Feb, 2017 05:41pm

General News

Turkey condemns terror attack in Pakistan

ANKARA: Turkey's Foreign Ministry condemned on Tuesday a terror attack in Pakistan's north-eastern city of Lahore, which killed 13 people.

Published 14 Feb, 2017 05:41pm

General News

Imran's criticism of police department highly regrettable: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb on Tuesday said the PTI chairman Imran Khan's criticism on police department, which had rendered remarkable sacrifices in war against terrorism, was hi

Published 14 Feb, 2017 05:38pm

General News

Pakistani envoy promotes CPEC project excellent investment opportunity

ISLAMABAD: Pakistani Ambassador to the UAE has spoken about how both countries can benefit from the China-Pakistan Economic Corridor, CPEC, a part of China's ambitious One Belt, One Road multi-billion dollar initiative, and also part of Pakistan's

Published 14 Feb, 2017 05:37pm

General News

Mayor asks departments to improve performance

KARACHI: Mayor Karachi Wasim Akhtar has directed departmental heads of KMC to improve their performance by ensuring punctuality or they face removal from their post.

Published 14 Feb, 2017 05:36pm

Front Top News

Terrorists of all hue and color will be hunted across country: COAS

RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Tuesday said that terrorists of all hue and colour, their masters, financiers, planners, and abettors including from outside would be hunted across the country, held accountable and respo

Published 14 Feb, 2017 05:36pm

General News

Chinese investors calls on KP CM

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Pervez Khattak has invited Chinese investors to invest in sectors of energy and mining adding said that new vistas of investment would open after development of infrastructure in backdrop of China Pakistan Econo

Published 14 Feb, 2017 05:10pm

General News

JUI-F chief, Dar exchange views on election reforms

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar and Chief of Jamiat Ulema-e-Islam-F, Maulana Fazl-ur-Rehman Tuesday exchanged their views on election reforms.

Published 14 Feb, 2017 05:07pm

Pakistan Top News

UAE lifts 8-year ban on import of poultry products from Pakistan

ISLAMABAD: Commerce Minister Engineer Khurram Dastgir Khan said on Tuesday, Pakistan was appreciative of lifting of 8-year ban on poultry by longstanding trading partner and brotherly nation United Arab Emirates (UAE).

Published 14 Feb, 2017 05:04pm

General News

NAP implemented in true perspective: Baligh ur Rehman

ISLAMABAD: State Minister for Education, Vocational Training and Interior, Baligh ur Rehman on Tuesday said that incidents of terrorism had been reduced due to National Action Plan (NAP), implemented in true perspective.

Published 14 Feb, 2017 04:59pm

World

Venezuelan VP calls US sanctions an 'attack'

CARACAS: Venezuelan Vice President Tareck El Aissami hit back Tuesday at the United States for labeling him a major drug trafficker and slapping sanctions on him, calling the accusations a "vile attack.

Published 14 Feb, 2017 04:58pm

Middle East

Syria talks in Astana 'to be held behind closed doors'

ASTANA: Kazakhstan said Tuesday that a new round of Astana talks on the Syria conflict led by Russia, Turkey and Iran will take place behind closed doors, as the make-up of any rebel delegation remained unclear.

Published 14 Feb, 2017 04:57pm

North America

US to give Uganda $25 mn in aid for refugees

KAMPALA: The United States will give over $25 million in humanitarian aid to Uganda, to help the nation cope with a huge influx of refugees fleeing conflict in east Africa, the US ambassador in Kampala said Tuesday.

Published 14 Feb, 2017 04:56pm

General News

Senate body recommends early return of FATA people

ISLAMABAD: Senate Special Committee on Marginalized Segments on Tuesday recommended the departments concerned to take measures for early return of IDPs of FATA.

Published 14 Feb, 2017 04:55pm

General News

Indian barbarism continuing in J&K to quash Kashmiris' struggle: Zakria

ISLAMABAD: Indian barbarism was continuing unabatedly in Jammu and Kashmir (J&K), to quash struggle of Kashmiri people living in duress situation in the Occupied Kashmir.

Published 14 Feb, 2017 04:54pm

General News

Mashhood grieved over loss of human lives in Charing Cross blast

LAHORE: Provincial Minister for School Education Rana Mashhood Ahmad Khan on Tuesday said that the government would not rest until the last terrorist was eliminated.

Published 14 Feb, 2017 04:53pm

Commodities

Gold falls as dollar gains on Yellen testimony

LONDON: Gold fell on Tuesday as the dollar advanced after US Federal Reserve Chair Janet Yellen said the central bank will likely need to raise interest rates at an upcoming meeting with the economy expanding further.

Published 14 Feb, 2017 04:30pm

Commodities

Copper slips on Chile strike mediation; aluminium hits 21-month high

LONDON: Copper slipped into the red on Tuesday on hopes strike talks would restart at the world's biggest copper mine in Chile while aluminium touched its highest in 21 months on renewed concerns about potential closures of Chinese smelters to cut pol

Published 14 Feb, 2017 04:29pm

Financial

TSX retreats from record high as materials lose ground

TORONTO: Canada's main stock index dipped on Tuesday after five straight days of gains that took it to an all-time high, as the materials group lost ground and investors weighed testimony from Federal Reserve Chair Janet Yellen.

Published 14 Feb, 2017 04:27pm

Commodities

New York cocoa rebounds from 2008 low, Ivorian defaults weigh

LONDON: New York cocoa futures found some support on Tuesday after prices had fallen to their lowest level in almost a decade on market concerns over a wave of defaults in top grower Ivory Coast.

Published 14 Feb, 2017 04:26pm

Energy

Shell and Eni ask Nigerian court to lift forfeiture on oilfield

ABUJA: Oil majors Royal Dutch Shell and ENI have asked a Nigerian court to lift a temporary forfeiture of a long-disputed oilfield, a copy of the court documents filed by the two firms showed on Tuesday.

Published 14 Feb, 2017 04:24pm

Financial

GLOBAL MARKETS-Stocks dip, dollar strengthens after Yellen rate hike comments

NEW YORK: A gauge of global equity markets dipped on Tuesday and the dollar strengthened as US Federal Reserve Chair Janet Yellen struck a hawkish tone on the timing of an interest rate hike.

Published 14 Feb, 2017 04:24pm

Financial

Wall St slips on Yellen's rate hike comments

NEW YORK: Wall Street edged lower on Tuesday after Federal Reserve Chair Janet Yellen said the central bank will likely need to raise interest rates at an upcoming meeting, but expressed uncertainty over economic policy under the Trump administration.

Published 14 Feb, 2017 04:23pm

Pakistan Top News

PSL scandal: Nasir Jamshed, bookie arrested in London

LONDON: Two men in their thirties have been arrested by the British authorities in connection with bribery offences as part of an ongoing investigation into international cricket match spot-fixing.

Published 14 Feb, 2017 03:13pm

Industry

Tata Motors profits plummet 96pc after cash ban

MUMBAI: India's largest carmaker Tata Motors Tuesday reported a 96 percent fall in quarterly profits, due to a cash ban which hit domestic business and weak sales at its luxury Jaguar Land Rover unit.

Published 14 Feb, 2017 02:53pm

Cricket

Grant Elliot sends shout out to lift spirits of Lahoriites

A day after the tragic bomb blast killed 15 persons and injured over 80 at Lahore Mall Road, Grant Elliot -- the New Zealand batsman representing the Lahore Qalandars -- came out with a message lifting the spirits of Pakistanis back home on Tuesday.

Published 14 Feb, 2017 01:31pm

Asia

Samsung Group says it never paid bribes to South Korea president

SEOUL: South Korea's Samsung Group said on Tuesday it never paid bribes to South Korean President Park Geun-hye or sought illicit favours from her, as a special prosecutor's office seeks to arrest the conglomerate's leader.

Published 14 Feb, 2017 01:28pm

Europe

France, Germany, Italy urge rethink of foreign investment in EU

PARIS: France, Germany and Italy have asked the European Commission to rethink rules on foreign investment into the European Union over concerns technological know-how is leaking abroad, the three countries said in a joint letter obtained by Reuters.

Published 14 Feb, 2017 01:27pm

Financial

GLOBAL-MARKETS: Trump rally gives way to caution as Yellen testimony looms

LONDON: Stocks flatlined and the dollar dipped on Tuesday as caution set in before testimony from Federal Reserve chief Janet Yellen that may offer clues to the timing of the next US interest rate rise.

Published 14 Feb, 2017 01:26pm

Energy

Oil rises as OPEC-led output cuts trim oversupply

LONDON: Oil strengthened slightly on Tuesday, supported by an OPEC-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have contained them so far this year.

Published 14 Feb, 2017 01:24pm

Industry

French carmaker PSA discusses deal to buy GM's Opel

LONDON/FRANKFURT: PSA Group is holding talks with General Motors about buying its European Opel division, the French carmaker said on Tuesday, a deal which would increase competition for market leader Volkswagen.

Published 14 Feb, 2017 01:23pm

Commodities

Soy slips as Brazil harvest accelerates; wheat also down

LONDON: Chicago soybean futures fell on Tuesday for a second successive session on Tuesday, pressured by the rapidly advancing harvest of a record crop in Brazil and much-needed rains in Argentina.

Published 14 Feb, 2017 12:59pm

Europe

NATO Europe's spending rises but Britain faces doubts

BRUSSELS/LONDON: NATO's European allies and Canada increased defence spending by 3.

Published 14 Feb, 2017 12:58pm

Industry

Rolls-Royce is on a slow flight to recovery

LONDON: A Rolls-Royce performance leaves something to be desired these days.

Published 14 Feb, 2017 12:53pm

Europe

North Korea says missile launch self-defence, US demands action

GENEVA: North Korea said on Tuesday its missile launches were "self-defence measures", rejecting UN Security Council criticism of its weekend test, but the United States demanded international action against Pyongyang's weapons programmes.

Published 14 Feb, 2017 12:51pm

Financial

German growth data caps euro zone bond yields

LONDON: Disappointing German growth data and an uncertain outlook for political and monetary policy in the euro zone capped bond yields on Tuesday, as France and Ireland's 10-year borrowing costs briefly converged for the first time since 2007.

Published 14 Feb, 2017 12:49pm

Featured Photos

Leather Clad by Jean-Paul Goude

Photo Credit: Jean-Paul Goude%D%AJean-Paul Goude is a French photographer, graphic designer, illustrator and film director who was born in 1940.

Published 14 Feb, 2017 12:39pm

Featured Photos

Archaic & Old by Joanna Keler

Photo Credit: Joanna Keler%D%AJoanna Keler is a talented self-taught photographer and 3D artist based in Saint Petersburg, Russia.

Published 14 Feb, 2017 12:30pm

Front Top News

ECL fiasco continues: Ayyan Ali files petition against interior secretary

ISLAMABAD: Pakistani Model Ayyan Ali on Tuesday filed a contempt of court petition in the Supreme Court against the Interior Secretary for removing her name from the Exit Control List (ECL) despite court orders.

Updated 14 Feb, 2017 11:52am

Featured Photos

Illuminated Red by Andreas Levers

Photo Credit: Andreas Levers %Dndreas Levers aka 96dpi is a talented self-taught photographer and media designer from Ahaus, who currently lives and works in Potsdam, Germany.

Published 14 Feb, 2017 11:52am

Featured Photos

Nightwalk & A Trilby 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 14 Feb, 2017 11:37am

Life & Style

Ivanka Trump couldn't take her eyes off Justin Trudeau at White House

Canadian Prime Minister Justin Trudeau and US President Donald Trump had a face-to-face meeting at White House on Monday.

Published 14 Feb, 2017 11:17am

Cricket

Misbah calls for tightening noose around match-fixers

Pakistan Test skipper Misbah-ul-Haq has expressed disappointment on match-fixing reports in Pakistan Super League (PSL).

Published 14 Feb, 2017 11:09am

Featured Photos

Red Blossom by Robert Jordan

Photo Credit: Robert Jordan%D%ARobert Jordan is a photographer based out of Columbus Ohio.

Published 14 Feb, 2017 11:06am

Front Top News

RECORDER REPORT: PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Tuesday having 49767.

Published 14 Feb, 2017 11:04am

Technology

The Future is here: Dubai becomes first to have passenger drones

With the arrival of the Chinese-made Ehang184, Dubai hopes to have a passenger-carrying drone regularly buzzing through the skyline of this futuristic city-state in July.%D%A%D%A

Published 14 Feb, 2017 10:58am

General News

Dr Shahid Masood's TV show banned for 30 days

The Pakistan Electronic Media Regulatory Authority (PEMRA) on Tuesday suspended TV anchor Dr Shahid Masood and his programme on a private TV channel for a month.

Updated 14 Feb, 2017 10:51am

Featured Photos

As Above, So Below by Vivien Liu

Photo Credit: Vivien Liu %D%AVivien Liu is a talented self taught photographer, architect and instagram famous from Hong Kong, who studied Master of Architecture at Harvard University.

Published 14 Feb, 2017 10:47am

Cricket

WC Qualifier: Five-star Sana Mir leads Pakistan into top six

Pakistan has reached the Super Six stage of the ICC Women's World Cup Qualifier, after overpowering Scotland by six wickets at Colombo Cricket Club ground on Tuesday.

Published 14 Feb, 2017 10:34am

Industry

Taiwan's HTC posts seventh consecutive quarterly loss

TAIPEI: Taiwan's HTC on Tuesday announced worse than expected fourth-quarter results and analysts said its much-hyped virtual reality products had failed significantly to boost the struggling smartphone maker.

Published 14 Feb, 2017 10:34am

Miscellaneous

Dj vu for big finance

The Wall Street is back in play.

Published 14 Feb, 2017 10:20am

Cricket

Corruption plagued Islamabad United picks Rafatullah

The Islamabad United has included veteran opening batsman Rafatullah Mohammad in their squad on Monday, coming as a replacement for batsmen Sharjeel Khan and Khalid Latif in the ongoing Pakistan Super League (PSL).

Updated 14 Feb, 2017 10:19am

Life & Style

Pictures; Ranbir Kapoor's uncanny resemblance to Sanjay Dutt will leave you stunned

Actor Ranbir Kapoor is going all out of his comfort zone to get into the shoes of Sanjay Dutt.

Published 14 Feb, 2017 10:12am

Life & Style

A century in the making: Athens set for first mosque since Ottoman times

Athens's half a million Muslims are set to get their first official mosque in more than a century.%D%A

Published 14 Feb, 2017 09:53am

Asia

Malaysian aid ship for Rohingya arrives in Bangladesh

CHITTAGONG: A Malaysian ship carrying aid for thousands of Rohingya Muslims who have fled a bloody army crackdown in Myanmar docked in Bangladesh's Chittagong port Tuesday days after it met nationalist protesters in Yangon.

Published 14 Feb, 2017 09:47am

Technology

Newly discovered baffling ancient bird statue on display in Athens

A bird-esque figurine, dating back almost 7,000 years has archaeologists in Greece stunned as to its origin, what it exactly is and also where it came from.%D%A%D%A

Published 14 Feb, 2017 09:43am

Life & Style

Pakistanis react on Valentine's Day getting banned across the country

The Islamabad High Court (IHC) on Monday prohibited the celebration of Valentine's Day in public spaces across the country with immediate effect.

Published 14 Feb, 2017 08:56am

Pakistan Top News

Lahore blast: Country mourns as death toll soars to 15

LAHORE: Pakistani on Tuesday mourned the victims of a Taliban-claimed suicide bomb in Lahore, as the death toll rose to 15 and the city's residents railed at the government for failing to protect them.

Published 14 Feb, 2017 08:43am

Financial

Asian markets dip, dollar hit by Flynn resignation

HONG KONG: Asian markets dipped Tuesday after a three-day rally but analysts said there was likely room for further gains as traders bet Donald Trump will help fire up the US economy.

Published 14 Feb, 2017 08:31am

Money & Banking

Credit Suisse 2016 net loss of 2.4bn Swiss francs

ZURICH: Credit Suisse, Switzerland's second-biggest bank, said Tuesday it booked net loss of 2.

Published 14 Feb, 2017 08:30am

Middle East

Iran president to visit Oman, Kuwait

TEHRAN: Iranian President Hassan Rouhani is to visit Oman and Kuwait on Wednesday, state television reported, amid efforts by Kuwait to mend relations between the Gulf Arab states and Tehran.

Published 14 Feb, 2017 08:28am

Financial

Hong Kong, Shanghai stocks end flat

HONG KONG: Hong Kong and Shanghai stocks ended flat Tuesday as early profit-taking was offset by data showing another strong rise in Chinese producer and consumer prices, fuelling hopes for the mainland economy.

Published 14 Feb, 2017 08:26am

Front Top News

Funeral prayers offered of policemen martyred in Mall Road blast

LAHORE: Funeral prayers for seven policemen martyred in the Lahore blast was held at the Chairing Cross on Tuesday.

Published 14 Feb, 2017 08:24am

Featured Photos

Aurora Borealis by Tor-Ivar Naess

Photo Credit: Tor-Ivar Naess%D%ATor-Ivar Naess is a talented 32-year-old self-taught night and landscape photographer and filmmaker based in Nordreisa, Norway.

Published 14 Feb, 2017 08:13am

Featured Photos

Hopeful Treading by Tony Kim

Photo Credit: Tony Kim%D%ATony has contributed to publications such as L'uomo Vogue, British Harper's Bazaar, Wonderland, GQ UK, Vogue Nippon and Vogue Korea and has collaborated with clients such as Bergdorf Goodman, Theory, Shiseido, Lacoste, NA

Published 14 Feb, 2017 08:09am

Featured Photos

Water Wisps by Tim Clark

Photo Credit: Tim Clark%D%ATim Clark is a talented 21-year old self taught photographer and traveler currently based on the NSW South Coast, Australia.

Published 14 Feb, 2017 08:05am

Cricket

No foreign players agree to play PSL final in Lahore

DUBAI: Najam Sethi, the Chairman of Pakistan Super League (PSL) has assured the cricket fans that the final of Twenty20 league will be held in Lahore, if they want to following Monday's bombing.

Published 14 Feb, 2017 07:57am

Life & Style

Yes I'm over-rated and over-decorated; Meryl Streep's powerful reply to Trump

Meryl Streep's Golden Globe speech was one of the most praised acceptance speech when the actress in a nearly 6-minute address denounced Donald Trump's campaign and criticized him for mocking a disabled reporter.

Published 14 Feb, 2017 07:23am

Front Top News

RECORDER REPORT: PSX mid day update

KARACHI: On Tuesday, until mid day, KSE-100 Index was at 49938.

Published 14 Feb, 2017 07:23am

SBP links wheat subsidy payment to export proceeds

RIZWAN BHATTI%D%A%D%AKARACHI: The State Bank of Pakistan said Monday that payment of wheat export subsidies will be allowed only after full realization of export proceeds.

Published 14 Feb, 2017 07:00am

Front Top News

Census likely to cost over Rs21bn

RECORDER REPORT%D%A%D%AISLAMABAD: Ministry of Finance is likely to request the provinces to share the additional expenditure sought by Pakistan Bureau of Statistics (PBS) for involvement of higher number of armed forces personnel in the population census

Published 14 Feb, 2017 06:56am

Front Top News

Foreign loans: senators for taking parliament into confidence

ZULFIQAR AHMAD%D%A%D%AISLAMABAD: Senator Farhatullah Babar of Pakistan Peoples Party Parliamentarians (PPPP) on Monday said that the government had increased borrowing by making a change in the Fiscal Responsibility and Debt Limitation Act through an SRO,

Published 14 Feb, 2017 06:50am

Miscellaneous

On foreign shareholders' disclosure requirements

The government has gotten the Companies Bill 2016 passed by the National Assembly after its earlier failure of getting it promulgated through a presidential ordinance.

Published 14 Feb, 2017 06:45am

Miscellaneous

The mystery of falling poverty; rising malnutrition

The economy is growing back to its historic path of 5 percent amid low inflation after a tough period.

Published 14 Feb, 2017 06:45am

Miscellaneous

Deja vu for big finance

The Wall Street is back in play.

Published 14 Feb, 2017 06:41am

Miscellaneous

Autos: Saved by the tractor bells

Auto sales are coming close to the peak numbers from last year, driven mostly by the sheer success of commercial vehicles and tractors ,while passenger car sales are still recovering from the steep drop in sales once the taxi-scheme wrapped up last fiscal

Published 14 Feb, 2017 06:40am

Front Top News

Factors such as China slowdown, sour ties with India behind export slide

ISLAMABAD: Pakistans exports to regional countries declined partly due to a slowdown in Chinas growth rate and partly due to souring relations with India that account for declining exports to India and Afghanistan.

Published 14 Feb, 2017 06:37am

Front Top News

PM Nawaz arrives in Karachi to witness Aman-17 exercise

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif arrived in Karachi on Tuesday to witness Pakistan Navy's multinational exercise AMAN-17.

Published 14 Feb, 2017 06:20am

Cricket

Nasir Jamshed suspended as fixing scandal probe widens

ISLAMABAD: Former test opener Nasir Jamshed has become the third player to be suspended by the Pakistan Cricket Board (PCB) as part of its ongoing investigation into corruption.

Published 14 Feb, 2017 05:53am

Financial

Tokyo stocks down at break, Toshiba tumbles

TOKYO: Tokyo stocks fell Tuesday morning as a pick up in the yen hurt exporters while Toshiba dropped on a report that it was set to warn its future may be in doubt.

Published 14 Feb, 2017 05:47am

Industry

Toshiba dives on shock loss-reporting delay

TOKYO: Shares in Toshiba dived more than nine percent Tuesday after the huge conglomerate delayed the release of financial results expected to include billions of dollars in losses tied to its ailing US nuclear power unit.

Published 14 Feb, 2017 05:46am

World Top News

Top Trump aide Flynn resigns over Russia contacts

WASHINGTON: Donald Trump's national security advisor Michael Flynn resigned amid controversy over his contacts with the Russian government Monday, a stunning first departure from the new president's inner circle less than a month after his inaugur

Published 14 Feb, 2017 05:45am

Babar opposes policy of 'favouring' some militant groups

Until the state abandons its policy of favouring some militant groups that seek to target countries in the region and curbs hate speech, the fight against militancy will remain elusive. This was stated by Senator Farhatullah Babar while taking part in dis