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Archive - 2017-02-19
Pentagon chief readies Afghanistan proposals for Trump
Pakistan Top News

Pentagon chief readies Afghanistan proposals for Trump

ABU DHABI: US Defence Secretary Jim Mattis on Sunday said he is compiling an assessment for President Donald Trump to weigh on Afghanistan, which remains mired in a brutal and seemingly intractable conflict.
Published 19 Feb, 2017 06:15pm
Kings post 172 runs against Zalmi
Cricket

Kings post 172 runs against Zalmi

SHARJAH: Peshawar Zalmi were able to restrict the Karachi Kings on 174 runs at the loss of foure wickets, during the 11th day of the ongoing second edition of the Pakistan Super League (PSL) on Sunday.
Published 19 Feb, 2017 05:49pm
Pakistan Super League final must be in Lahore
Pakistan Top News

Pakistan Super League final must be in Lahore

DUBAI: A top international cricket official insisted Sunday that the final of Pakistan's Twenty20 league must be held in Lahore despite a major bomb attack in the country last week.
Published 19 Feb, 2017 05:06pm
Pence pays somber visit to Nazi concentration camp
North America

Pence pays somber visit to Nazi concentration camp

WASHINGTON: US Vice President Mike Pence paid a somber visit to the former Nazi concentration camp at Dachau, Germany on Sunday, against the backdrop of concerns about a surge of anti-Semitic incidents in the United States since Donald Trump was elected p
Published 19 Feb, 2017 04:41pm
Italy's Renzi triggers party leadership contest
Europe

Italy's Renzi triggers party leadership contest

ROME: Italy's ex-prime minister Matteo Renzi resigned as head of the centre-left Democratic Party (PD) on Sunday, triggering a leadership battle as the country's ruling party grapples with the threat of a split.
Published 19 Feb, 2017 04:38pm
PSL II: Zalmi to field first against Kings
Cricket

PSL II: Zalmi to field first against Kings

SHARJAH: Peshawar Zalmi captain Darren Sammy won the toss and elected to field first against Karachi Kings on 11th day of the ongoing edition of Pakistan Super League II on Sunday.
Published 19 Feb, 2017 04:16pm
Cricket: Smith replaces Dhoni as IPL team skipper
Cricket

Cricket: Smith replaces Dhoni as IPL team skipper

NEW DELHI: Mahendra Singh Dhoni has been removed as skipper of his Indian Premier League team with Australia's Steve Smith replacing him for the upcoming tournament, an official statement said Sunday.
Published 19 Feb, 2017 02:05pm
Avalanche kills seven in northern Pakistan
Pakistan Top News

Avalanche kills seven in northern Pakistan

CHITRAL: An avalanche killed at least seven labourers in northern Pakistan on Sunday, a senior official said, with up to four more trapped beneath the snow.
Published 19 Feb, 2017 02:03pm
UN envoy questions US engagement on Syria
World Top News

UN envoy questions US engagement on Syria

MUNICH: UN envoy Staffan de Mistura on Sunday questioned US President Donald Trump's engagement in solving the Syrian war, just days ahead of a new round of peace talks in Geneva.
Published 19 Feb, 2017 01:54pm
Trump should help kick 'Russia's ass': senator
Front Top News

Trump should help kick 'Russia's ass': senator

MUNICH: US President Donald Trump should come clean and back moves to "kick Russia's ass" for its alleged meddling in last year's US election, senior Republican Senator Lindsey Graham said on Sunday.
Published 19 Feb, 2017 01:54pm
Iraq digs anti-IS trench around city of Ramadi
Middle East

Iraq digs anti-IS trench around city of Ramadi

HABBANIYAH: Security forces in Iraq's western region of Anbar began digging a trench around the provincial capital Ramadi Sunday to protect it against infiltrations by the Islamic State group, officials said.
Published 19 Feb, 2017 01:49pm
Melania Trump prays, assails critics in Florida speech
North America

Melania Trump prays, assails critics in Florida speech

MELBOURNE: First Lady Melania Trump, usually a demure and soft-spoken presence at her husband's side, broke with form Saturday, reciting the Lord's Prayer before issuing a scathing rebuke of his enemies and her critics at a campaign-style stop in
Published 19 Feb, 2017 01:46pm
Golf: Johnson leads by one at rain-soaked Riviera
Sports

Golf: Johnson leads by one at rain-soaked Riviera

PACIFIC PALISADES: Dustin Johnson birdied three of his last four holes in a five-under par 66 on Saturday to take a one-stroke lead after the second round at the weather-hit Genesis Open.
Published 19 Feb, 2017 01:43pm
Trump insists White House running 'so smoothly'
North America

Trump insists White House running 'so smoothly'

MELBOURNE: US President Donald Trump insisted Saturday that the White House is running smoothly, and used a campaign-style rally in Florida to bring his message to supporters "without the filter of the fake news.
Published 19 Feb, 2017 01:42pm
One dead, 27 hurt in Belgium train derailment
Europe

One dead, 27 hurt in Belgium train derailment

BRUSSELS: One person died and 27 others were injured -- three of them seriously -- when a train derailed Saturday shortly after leaving a station east of Brussels, officials said.
Published 19 Feb, 2017 01:41pm
Tennis: Nishikori battles into Buenos Aires final
Sports

Tennis: Nishikori battles into Buenos Aires final

BUENOS AIRES: Japanese top seed Kei Nishikori reached his second final of 2017 with a gruelling 4-6, 6-4, 6-3 win over Argentina's Carlos Berlocq at the Buenos Aires clay court tournament.
Published 19 Feb, 2017 01:35pm
Football: Balotelli sent off in Nice victory
Football

Football: Balotelli sent off in Nice victory

PARIS: Mario Balotelli was sent off on his return to the Nice team but Lucien Favre's side held on for a 1-0 win at Lorient on Saturday which sees them close the gap on Ligue 1 leaders Monaco.
Published 19 Feb, 2017 01:32pm
Steel: Wrongful protection needs correction
Miscellaneous

Steel: Wrongful protection needs correction

After nearly a year of delay, and now that the National Tariff Commission (NTC) is functioning again and has come through for local steel industry by slapping anti-dumping duties on select steel imports, the government should start thinking about letting
Published 19 Feb, 2017 12:59pm
ENGRO in CY16
Miscellaneous

ENGRO in CY16

From divestment in in the fertiliser business to Engro Foods acquisition, Engro Corporation Limiteds (PSX: ENGRO) 2016 revolved around significant strategic restructuring in its fertiliser and foods business.
Published 19 Feb, 2017 12:58pm
Iran pushes for dialogue with Gulf Arab states
Front Top News

Iran pushes for dialogue with Gulf Arab states

MUNICH: Iran's foreign minister on Sunday stepped up efforts to improve ties with Gulf Arab states urging them to work with their Shi'ite rival to address "anxieties" and violence across the region.
Published 19 Feb, 2017 09:56am
Trump reassures supporters in fiery campaign-style speech
Front Top News

Trump reassures supporters in fiery campaign-style speech

MELBOURNE: President Donald Trump turned back the clock Saturday with a bold and aggressive Florida speech straight out of his 2016 campaign playbook, enthralling fans while insisting all is well in the White House despite weeks of turbulence.
Published 19 Feb, 2017 08:16am
Iraq forces launch operation to retake west Mosul: PM
World Top News

Iraq forces launch operation to retake west Mosul: PM

BAGHDAD: Iraqi forces launched an offensive on jihadists defending Mosul's west bank Sunday, in what could be the most brutal fighting yet in a four-month-old operation on the city.
Published 19 Feb, 2017 07:00am
Census all set to begin from March 15: Bajwa

Census all set to begin from March 15: Bajwa

Chief Census Commissioner Asif Bajwa has said Saturday that all is set to begin the nationwide drive of fresh census from 15th of next month. While addressing a workshop in Islamabad he said over two hundred thousand Army personnel will provide security t
Published 19 Feb, 2017 12:00am
Census all set to begin from March 15: Bajwa

Census all set to begin from March 15: Bajwa

Chief Census Commissioner Asif Bajwa has said Saturday that all is set to begin the nationwide drive of fresh census from 15th of next month. While addressing a workshop in Islamabad he said over two hundred thousand Army personnel will provide security t
Published 19 Feb, 2017 12:00am
Terrorists to be crushed with full might: Asif

Terrorists to be crushed with full might: Asif

Defence Minister Khawaja Muhammad Asif has said that terrorists will be crushed with full might of the armed forces. In a tweet on Saturday, he said writ of the state will be ensured in every part of the country through bold steps against terrorists.
Published 19 Feb, 2017 12:00am
Balochistan Jirga demands fair census sans foreigners

Balochistan Jirga demands fair census sans foreigners

Balochistan-based politicians demanded of the government at the Balochistan Solidarity Jirga on Saturday that foreigners in the province must be kept out of the census, a reference to the Afghan refugees. The Jirga that expressed reservations and apprehen
Published 19 Feb, 2017 12:00am
'Blind Sheikh' dies in US prison

'Blind Sheikh' dies in US prison

Omar Abdel Rahman, the Egyptian jihadist spiritual leader linked to the 1993 World Trade Centre bombing, died serving a life sentence in the United States on Saturday, his son told AFP. Abdel Rahman, who led the militant Al-Gamaa al-Islamiya group in Egyp
Published 19 Feb, 2017 12:00am
'Blind Sheikh' dies in US prison

'Blind Sheikh' dies in US prison

Omar Abdel Rahman, the Egyptian jihadist spiritual leader linked to the 1993 World Trade Centre bombing, died serving a life sentence in the United States on Saturday, his son told AFP. Abdel Rahman, who led the militant Al-Gamaa al-Islamiya group in Egyp
Published 19 Feb, 2017 12:00am
FTA with Indonesia linked to removal of NTMs

FTA with Indonesia linked to removal of NTMs

Pakistan has been reportedly not encouraging Indonesia to have a Free Trade Agreement (FTA) with it as long as the existing Non-Tariff Measures (NTMs) on Pakistani products were removed and more market access was granted, the well-informed sources told <i
Published 19 Feb, 2017 12:00am
FTA with Indonesia linked to removal of NTMs

FTA with Indonesia linked to removal of NTMs

Pakistan has been reportedly not encouraging Indonesia to have a Free Trade Agreement (FTA) with it as long as the existing Non-Tariff Measures (NTMs) on Pakistani products were removed and more market access was granted, the well-informed sources told <i
Published 19 Feb, 2017 12:00am
FTA with Indonesia linked to removal of NTMs

FTA with Indonesia linked to removal of NTMs

Pakistan has been reportedly not encouraging Indonesia to have a Free Trade Agreement (FTA) with it as long as the existing Non-Tariff Measures (NTMs) on Pakistani products were removed and more market access was granted, the well-informed sources told <i
Published 19 Feb, 2017 12:00am
Trump heads to Florida to reconnect with his base

Trump heads to Florida to reconnect with his base

President Donald Trump will bask in the adulation of supporters on Saturday as he holds a campaign-style rally in Florida, reconnecting with his base outside Washington after a stormy first month in office. "Looking forward to the Florida rally tomorrow.
Published 19 Feb, 2017 12:00am
Trump heads to Florida to reconnect with his base

Trump heads to Florida to reconnect with his base

President Donald Trump will bask in the adulation of supporters on Saturday as he holds a campaign-style rally in Florida, reconnecting with his base outside Washington after a stormy first month in office. "Looking forward to the Florida rally tomorrow.
Published 19 Feb, 2017 12:00am
Russia seeks 'post-West' order as US vows loyalty to allies

Russia seeks 'post-West' order as US vows loyalty to allies

Russia Saturday called for an end to what it said was an outdated world order dominated by the West after US Vice President Mike Pence pledged Washington's "unwavering" commitment to transatlantic allies in Nato. Russian Foreign Minister Sergei Lavrov off
Published 19 Feb, 2017 12:00am
Russia seeks 'post-West' order as US vows loyalty to allies

Russia seeks 'post-West' order as US vows loyalty to allies

Russia Saturday called for an end to what it said was an outdated world order dominated by the West after US Vice President Mike Pence pledged Washington's "unwavering" commitment to transatlantic allies in Nato. Russian Foreign Minister Sergei Lavrov off
Published 19 Feb, 2017 12:00am
Merkel warns countries not to go it alone

Merkel warns countries not to go it alone

German Chancellor Angela Merkel on Saturday warned countries against going it alone, saying the only way to solve global problems is to work together. "In a year in which we see unimaginable challenges we can either work together or retreat to our individ
Published 19 Feb, 2017 12:00am
Merkel warns countries not to go it alone

Merkel warns countries not to go it alone

German Chancellor Angela Merkel on Saturday warned countries against going it alone, saying the only way to solve global problems is to work together. "In a year in which we see unimaginable challenges we can either work together or retreat to our individ
Published 19 Feb, 2017 12:00am
Border shelling: Obstinate Afghan government summons Pakistani envoy

Border shelling: Obstinate Afghan government summons Pakistani envoy

The Afghan Foreign Ministry on Friday summoned Pakistan's Ambassador Abrar Hussain to protest its alleged border shelling in the Lalpor district of Nangarhar province and the Sarkano district of the eastern Kunar province. The foreign ministry claimed the
Published 19 Feb, 2017 12:00am
Border shelling: Obstinate Afghan government summons Pakistani envoy

Border shelling: Obstinate Afghan government summons Pakistani envoy

The Afghan Foreign Ministry on Friday summoned Pakistan's Ambassador Abrar Hussain to protest its alleged border shelling in the Lalpor district of Nangarhar province and the Sarkano district of the eastern Kunar province. The foreign ministry claimed the
Published 19 Feb, 2017 12:00am
Afghanistan for implementation of QCG commitments

Afghanistan for implementation of QCG commitments

The Afghanistan National Unity Government (NUG) has again urged Pakistan to implement the Peace Quartet commitments on eliminating terrorism. In a statement on Saturday the Afghan Presidential Palace, in reaction to the suicide attack on the Lal Shahbaz Q
Published 19 Feb, 2017 12:00am
Afghanistan for implementation of QCG commitments

Afghanistan for implementation of QCG commitments

The Afghanistan National Unity Government (NUG) has again urged Pakistan to implement the Peace Quartet commitments on eliminating terrorism. In a statement on Saturday the Afghan Presidential Palace, in reaction to the suicide attack on the Lal Shahbaz Q
Published 19 Feb, 2017 12:00am
Afghan refugees used as facilitators: Nisar

Afghan refugees used as facilitators: Nisar

Interior Minister Chaudhary Nisar Ali Khan says operations against terrorists will continue till elimination of the last terrorist. Talking to newsmen in Islamabad on Saturday, the minister said the facilitators of Sehwan Sharif attack have been arrested
Published 19 Feb, 2017 12:00am
Afghan refugees used as facilitators: Nisar

Afghan refugees used as facilitators: Nisar

Interior Minister Chaudhary Nisar Ali Khan says operations against terrorists will continue till elimination of the last terrorist. Talking to newsmen in Islamabad on Saturday, the minister said the facilitators of Sehwan Sharif attack have been arrested
Published 19 Feb, 2017 12:00am
Military courts: Dar works towards developing consensus

Military courts: Dar works towards developing consensus

In the wake of recent terrorist attacks, the government has contacted the parliamentary leaders of the political parties seeking their nod for extension in the tenure of military courts. Finance Minister Muhammad Ishaq Dar has conversed with the parliamen
Published 19 Feb, 2017 12:00am
Military courts: Dar works towards developing consensus

Military courts: Dar works towards developing consensus

In the wake of recent terrorist attacks, the government has contacted the parliamentary leaders of the political parties seeking their nod for extension in the tenure of military courts. Finance Minister Muhammad Ishaq Dar has conversed with the parliamen
Published 19 Feb, 2017 12:00am
Two brothers of Lahore blast's facilitator held

Two brothers of Lahore blast's facilitator held

The security forces in their operation in Mamond Tehsil of Bajaur Agency on Saturday arrested a number of people including two brothers of Anwarul Haq, facilitator of suicide bomber who attacked a protest on Mall Road on February 13. The operation was car
Published 19 Feb, 2017 12:00am
Two brothers of Lahore blast's facilitator held

Two brothers of Lahore blast's facilitator held

The security forces in their operation in Mamond Tehsil of Bajaur Agency on Saturday arrested a number of people including two brothers of Anwarul Haq, facilitator of suicide bomber who attacked a protest on Mall Road on February 13. The operation was car
Published 19 Feb, 2017 12:00am
Responsibility of fair financial accounts rests with directors: SECP

Responsibility of fair financial accounts rests with directors: SECP

The Securities and Exchange Commission of Pakistan (SECP) has ruled that the responsibility of preparing true and fair financial accounts rests with the directors and it cannot be shifted to the accounting staff of the company. Sources said the Company La
Published 19 Feb, 2017 12:00am
Responsibility of fair financial accounts rests with directors: SECP

Responsibility of fair financial accounts rests with directors: SECP

The Securities and Exchange Commission of Pakistan (SECP) has ruled that the responsibility of preparing true and fair financial accounts rests with the directors and it cannot be shifted to the accounting staff of the company. Sources said the Company La
Published 19 Feb, 2017 12:00am
Responsibility of fair financial accounts rests with directors: SECP

Responsibility of fair financial accounts rests with directors: SECP

The Securities and Exchange Commission of Pakistan (SECP) has ruled that the responsibility of preparing true and fair financial accounts rests with the directors and it cannot be shifted to the accounting staff of the company. Sources said the Company La
Published 19 Feb, 2017 12:00am
160,000 join pro-refugee protest in Barcelona

160,000 join pro-refugee protest in Barcelona

Tens of thousands of people marched through Barcelona on Saturday urging the Spanish government to immediately meet its pledge to take in thousands of refugees. Ada Colau, the mayor of Spain's second city, had called on Barcelona residents to "fill the st
Published 19 Feb, 2017 12:00am
There's no factual controversy in Panamagate case: Bhoon

There's no factual controversy in Panamagate case: Bhoon

Supreme Court is not the proper forum for adjudicating the Panama Papers case, but once the apex court assumed jurisdiction and took notice of the matter it has no option but to decide the matter within a reasonable period of time. This was stated by Muha
Published 19 Feb, 2017 12:00am
There's no factual controversy in Panamagate case: Bhoon

There's no factual controversy in Panamagate case: Bhoon

Supreme Court is not the proper forum for adjudicating the Panama Papers case, but once the apex court assumed jurisdiction and took notice of the matter it has no option but to decide the matter within a reasonable period of time. This was stated by Muha
Published 19 Feb, 2017 12:00am
Munda hydropower project: body formed to rationalize increased cost

Munda hydropower project: body formed to rationalize increased cost

The cost of Munda hydropower project increased through flawed calculation of Probable Maximum Flood (PMF) by the consultants and a committee has been constituted to rationalize it. According to documents available with Business Recorder, the second revise
Published 19 Feb, 2017 12:00am
Munda hydropower project: body formed to rationalize increased cost

Munda hydropower project: body formed to rationalize increased cost

The cost of Munda hydropower project increased through flawed calculation of Probable Maximum Flood (PMF) by the consultants and a committee has been constituted to rationalize it. According to documents available with Business Recorder, the second revise
Published 19 Feb, 2017 12:00am
Munda hydropower project: body formed to rationalize increased cost

Munda hydropower project: body formed to rationalize increased cost

The cost of Munda hydropower project increased through flawed calculation of Probable Maximum Flood (PMF) by the consultants and a committee has been constituted to rationalize it. According to documents available with Business Recorder, the second revise
Published 19 Feb, 2017 12:00am
PPP-led government collected Rs 10.8 billion EDS in three years

PPP-led government collected Rs 10.8 billion EDS in three years

Pakistan Peoples Party (PPP) led coalition government collected Rs 10.8 billion on account of Export Development Surcharge (EDS) during 2011-12 to 2012-13 and released only 18.5 percent to the Ministry of Commerce while the incumbent government collected
Published 19 Feb, 2017 12:00am
PPP-led government collected Rs 10.8 billion EDS in three years

PPP-led government collected Rs 10.8 billion EDS in three years

Pakistan Peoples Party (PPP) led coalition government collected Rs 10.8 billion on account of Export Development Surcharge (EDS) during 2011-12 to 2012-13 and released only 18.5 percent to the Ministry of Commerce while the incumbent government collected
Published 19 Feb, 2017 12:00am
PPP-led government collected Rs 10.8 billion EDS in three years

PPP-led government collected Rs 10.8 billion EDS in three years

Pakistan Peoples Party (PPP) led coalition government collected Rs 10.8 billion on account of Export Development Surcharge (EDS) during 2011-12 to 2012-13 and released only 18.5 percent to the Ministry of Commerce while the incumbent government collected
Published 19 Feb, 2017 12:00am
PPP-led government collected Rs 10.8 billion EDS in three years

PPP-led government collected Rs 10.8 billion EDS in three years

Pakistan Peoples Party (PPP) led coalition government collected Rs 10.8 billion on account of Export Development Surcharge (EDS) during 2011-12 to 2012-13 and released only 18.5 percent to the Ministry of Commerce while the incumbent government collected
Published 19 Feb, 2017 12:00am
Panamagate case: PM's reply to Rasheed's petition submitted

Panamagate case: PM's reply to Rasheed's petition submitted

Prime Minister Nawaz Sharif's counsel Saturday submitted a written response in the Supreme Court in reply to the petition of Sheikh Rasheed to disqualify Sharif as the PM under Articles 62 and 63 of the Constitution. The reply stated that Sheikh Rasheed h
Published 19 Feb, 2017 12:00am
Panamagate case: PM's reply to Rasheed's petition submitted

Panamagate case: PM's reply to Rasheed's petition submitted

Prime Minister Nawaz Sharif's counsel Saturday submitted a written response in the Supreme Court in reply to the petition of Sheikh Rasheed to disqualify Sharif as the PM under Articles 62 and 63 of the Constitution. The reply stated that Sheikh Rasheed h
Published 19 Feb, 2017 12:00am
China halts North Korea coal imports after missile test

China halts North Korea coal imports after missile test

China will suspend all imports of coal from North Korea for the rest of the year, Beijing said Saturday, depriving Pyongyang of a crucial source of foreign exchange following its latest missile test. "(China) will temporarily stop its imports of coal from
Published 19 Feb, 2017 12:00am
China halts North Korea coal imports after missile test

China halts North Korea coal imports after missile test

China will suspend all imports of coal from North Korea for the rest of the year, Beijing said Saturday, depriving Pyongyang of a crucial source of foreign exchange following its latest missile test. "(China) will temporarily stop its imports of coal from
Published 19 Feb, 2017 12:00am
China halts North Korea coal imports after missile test

China halts North Korea coal imports after missile test

China will suspend all imports of coal from North Korea for the rest of the year, Beijing said Saturday, depriving Pyongyang of a crucial source of foreign exchange following its latest missile test. "(China) will temporarily stop its imports of coal from
Published 19 Feb, 2017 12:00am
China halts North Korea coal imports after missile test

China halts North Korea coal imports after missile test

China will suspend all imports of coal from North Korea for the rest of the year, Beijing said Saturday, depriving Pyongyang of a crucial source of foreign exchange following its latest missile test. "(China) will temporarily stop its imports of coal from
Published 19 Feb, 2017 12:00am
TCP modifies tender for supply of rice to Sri Lanka

TCP modifies tender for supply of rice to Sri Lanka

The Trading Corporation of Pakistan (TCP), on the request of rice suppliers, has made some amendments to the tender issued for the procurement of rice for Sri Lanka. Following, the directives of the federal government, the TCP issued a tender on February
Published 19 Feb, 2017 12:00am
TCP modifies tender for supply of rice to Sri Lanka

TCP modifies tender for supply of rice to Sri Lanka

The Trading Corporation of Pakistan (TCP), on the request of rice suppliers, has made some amendments to the tender issued for the procurement of rice for Sri Lanka. Following, the directives of the federal government, the TCP issued a tender on February
Published 19 Feb, 2017 12:00am
TCP modifies tender for supply of rice to Sri Lanka

TCP modifies tender for supply of rice to Sri Lanka

The Trading Corporation of Pakistan (TCP), on the request of rice suppliers, has made some amendments to the tender issued for the procurement of rice for Sri Lanka. Following, the directives of the federal government, the TCP issued a tender on February
Published 19 Feb, 2017 12:00am
Pakistan to export seafood to Xinjiang via land

Pakistan to export seafood to Xinjiang via land

Pakistan is to start exporting seafood to the Chinese Xinjiang Uygur autonomous region using Gwadar land route that China will use to ship oil and natural gas from the Middle East. Frozen seafood will depart Pakistan's Gwadar Port on the shores of the Ara
Published 19 Feb, 2017 12:00am
Pakistan to export seafood to Xinjiang via land

Pakistan to export seafood to Xinjiang via land

Pakistan is to start exporting seafood to the Chinese Xinjiang Uygur autonomous region using Gwadar land route that China will use to ship oil and natural gas from the Middle East. Frozen seafood will depart Pakistan's Gwadar Port on the shores of the Ara
Published 19 Feb, 2017 12:00am
Pakistan to export seafood to Xinjiang via land

Pakistan to export seafood to Xinjiang via land

Pakistan is to start exporting seafood to the Chinese Xinjiang Uygur autonomous region using Gwadar land route that China will use to ship oil and natural gas from the Middle East. Frozen seafood will depart Pakistan''s Gwadar Port on the shores of the Ar
Published 19 Feb, 2017 12:00am
Mattis in Mideast for first time as Pentagon chief

Mattis in Mideast for first time as Pentagon chief

US Secretary of Defence Jim Mattis arrived in the United Arab Emirates on Saturday, his first trip to the Middle East since taking office last month. A retired Marine general who fought in Iraq and Afghanistan, Mattis knows the region well and was a frequ
Published 19 Feb, 2017 12:00am
Mattis in Mideast for first time as Pentagon chief

Mattis in Mideast for first time as Pentagon chief

US Secretary of Defence Jim Mattis arrived in the United Arab Emirates on Saturday, his first trip to the Middle East since taking office last month. A retired Marine general who fought in Iraq and Afghanistan, Mattis knows the region well and was a frequ
Published 19 Feb, 2017 12:00am
Mainstreaming Fata

Mainstreaming Fata

Will the Federally Administered Tribal Areas (Fata) join the Khyber Pakhtunkhwa or retain its present status? The federal cabinet is expected to give its decision on this crucial subject at its next meeting. The question was on its agenda at its last meet
Published 19 Feb, 2017 12:00am
The truth behind Islamophobia

The truth behind Islamophobia

Speaking at a news conference in Riyadh the other day, UN Secretary-General Antonio Guterres laid the responsibility - though partially - where it belongs when he said "one of the things that fuel terrorism is the expression in some parts of the world of
Published 19 Feb, 2017 12:00am
Towards a green Pakistan

Towards a green Pakistan

As part of his admirable Green Pakistan Programme Prime Minister Nawaz Sharif planted, at a special ceremony last Thursday, a sapling at the Prime Minister's Secretariat. As per the plan, over a five-year period 100 million trees are to be planted in vari
Published 19 Feb, 2017 12:00am
Climate action policy

Climate action policy

Climate change is a catastrophe that can be avoided by combined human action and co-operation, as human civilisation has been able to tackle many issues that threatened its well-being and survival in the past. What level of effort and sacrifice has to be
Published 19 Feb, 2017 12:00am
Sportsmen fight Trump energy plans

Sportsmen fight Trump energy plans

When Republican Congressman Jason Chaffetz of Utah introduced legislation last month to transfer about 3 million acres of federally-held public land to state control, he was bombarded by thousands of angry phone calls, letters and social media posts urgin
Published 19 Feb, 2017 12:00am
For world's top gold miners, growth no longer a dirty word

For world's top gold miners, growth no longer a dirty word

After five years of painful belt-tightening, the world's biggest gold miners are starting to cautiously loosen their purse strings and spend more money to find new deposits and build mines. Several miners said this week that they have hiked budgets for ex
Published 19 Feb, 2017 12:00am
Fresh wave of terrorism

Fresh wave of terrorism

The army has taken the right step by asking the Afghan government to hand over as many as 76 terrorists who are hiding in Afghanistan. The country's security forces have also taken another highly significant step in response to a suicide blast at the shri
Published 19 Feb, 2017 12:00am
'Combined global efforts needed for security in Indian Ocean'

'Combined global efforts needed for security in Indian Ocean'

Though piracy has been reduced to an all-time low in the piracy-prone Indian Ocean, especially in the Gulf of Arden, it's still imperative to continue combined international efforts to prevent its resurgence, Commander of the Pakistan Fleet Vice Admiral A
Published 19 Feb, 2017 12:00am
CM removes SSP Sehwan

CM removes SSP Sehwan

Chief Minister of Sindh Syed Murad Ali Shah has ordered removal of SSP Sehwan Tariq Vilaya and posted Tanveer Udho in his place. The administrative action has also been taken in the light of blast at the shrine of Lal Shahbaz Qalandar. Two sweepers were a
Published 19 Feb, 2017 12:00am
Lahore Zoo observes World Pangolin Day

Lahore Zoo observes World Pangolin Day

The Lahore Zoological Gardens arranged a function on Saturday to celebrate the Sixth World Pangolin Day to create awareness among the masses about this rapidly declining mammal in Asia and Africa. The day is celebrated every year on third Saturday of Febr
Published 19 Feb, 2017 12:00am
UAF, PIPFA to collaborate in academia, research

UAF, PIPFA to collaborate in academia, research

University of Agriculture, Faisalabad (UAF) and Pakistan Institute of Public Finance Accounts (PIPFA) on Saturday inked Memorandum of Understanding (MOU) to collaborate in the area of academia and research. The MoU was duly signed by UAF Vice Chancellor D
Published 19 Feb, 2017 12:00am
Pakistan doing much better than other regional economies: Burki

Pakistan doing much better than other regional economies: Burki

Shahid Javed Burki, former Caretaker Finance Minister of Pakistan and former Vice-President of the World Bank, called on Federal Minister for Finance, Ishaq Dar here on Saturday. Burki, who is currently based in Washington, USA, discussed various matters
Published 19 Feb, 2017 12:00am
Makhdoom blames delay in NAP implementation for Sehwan shrine deaths

Makhdoom blames delay in NAP implementation for Sehwan shrine deaths

Tragic loss of innocent lives in Sehwan shrine attack was the direct outcome of inordinate delay in strict implementation of the National Action Plan (NAP), said Pakistan Tehreek e Insaf (PTI) Vice Chairman Makhdoom Shah Mahmood Qureshi on Saturday.
Published 19 Feb, 2017 12:00am
Defence minister meets Iranian FM in Munich

Defence minister meets Iranian FM in Munich

Iranian Foreign Minister Mohammad Javad Zarif met with his Ukrainian counterpart and the Pakistani defense minister Khwaja Muhammad Asif on Saturday on the sidelines of 2017 Munich Security Conference. The 53rd edition of Munich Security Conference opened
Published 19 Feb, 2017 12:00am
Mayor Karachi visits Aziz Bhatti Park

Mayor Karachi visits Aziz Bhatti Park

Mayor Karachi Wasim Akhtar said citizens have been deprived of recreation facilities by china cutting mafia after converting the parks and playgrounds into marriage lawns and residential apartments. Such facilities were meant to promote healthy activities
Published 19 Feb, 2017 12:00am
International defense exhibition Idex-2017 begins in Abu Dhabi today

International defense exhibition Idex-2017 begins in Abu Dhabi today

A five day defense exhibition titled 'Idex-2017' will begin in Abu Dhabi from today (Sunday). A Pakistani delegation led Minister for Defense production Rana Tanveer Hussain will attend the exhibition. On this occasion he will meet with Defense Production
Published 19 Feb, 2017 12:00am
UN urges governments to ratify convention on enforced disappearance

UN urges governments to ratify convention on enforced disappearance

Marking the 10th anniversary of an historic treaty to keep people from suffering enforced disappearance or secret detentions, the United Nations has urged all governments that have not done so to ratify it, as the world body honored victims separated from
Published 19 Feb, 2017 12:00am
Murad urged to withdraw SEPA notices

Murad urged to withdraw SEPA notices

Representatives of all the seven industrial estates of the city have urged the Chief Minister Sindh Murad Ali Shah to direct Sindh Environment Protection Agency (SEPA) for withdrawal of industrial closure notices issued to them. They also demanded the est
Published 19 Feb, 2017 12:00am
Terrorists cannot shake nation's resolve: Shahbaz

Terrorists cannot shake nation's resolve: Shahbaz

Chief Minister Punjab Muhammad Shahbaz Sharif has said that terrorists will be held accountable for every drop of blood shed in heinous terrorist attacks. Chief Minister Punjab in his statement issued here on Saturday said that coward enemies cannot kill
Published 19 Feb, 2017 12:00am
Three killed, 400 held in nationwide combing operation

Three killed, 400 held in nationwide combing operation

Three terrorists named Maqbool Boli, Saifullah and Saad were killed on Saturday in combing operation by the security forces which took place in Kalochi area of Dera Ismail Khan. The head money on Maqbool Boli was Rs one million. Also, search and combing o
Published 19 Feb, 2017 12:00am
Crime rate on the rise in Islamabad

Crime rate on the rise in Islamabad

Despite presence of a large number of police pickets in various parts of the federal capital, crime rate in the capital city is increasing with each passing day, as robbery incidents have shown an upward trend during the last week. According to data gathe
Published 19 Feb, 2017 12:00am
Terrorists can't hamper path of national progress: Mamnoon

Terrorists can't hamper path of national progress: Mamnoon

President Mamnoon Hussain has said that the terrorists cannot hamper the path of national progress and development and the nation with its unity would frustrate their evil designs. This he stated while addressing the first convocation of the Sindh Madress
Published 19 Feb, 2017 12:00am
14 ferraris surrender in Balochistan

14 ferraris surrender in Balochistan

At least 14 Ferraris belonging to various banned anti-state organizations on Saturday were surrendered before the security forces in Sibbi and Kohlu districts of Balochistan. According to Inter-Services Public Relations (ISPR), they belonged to Baloch Lib
Published 19 Feb, 2017 12:00am
Shoaib attends closing bell ceremony at NASDAQ

Shoaib attends closing bell ceremony at NASDAQ

Al Meezan Investments is pleased to announce that Mohammad Shoaib, CFA, CEO Al Meezan Investment as only Pakistani member of CFA GIPS Executive Committee team, was present for Closing Bell ceremony at NASDAQ MarketSite, Times Square. CFA Institute, the gl
Published 19 Feb, 2017 12:00am
Government can't be deterred through terrorism: Muqam

Government can't be deterred through terrorism: Muqam

Advisor to Prime Minister and PML-N Senior Vice president, Amir Muqam has said that a conspiracy was being hatched by external forces to destabilize the country, which couldn't be succeeded in their nefarious agenda. While condemning the recent spate of t
Published 19 Feb, 2017 12:00am
15 suspects arrested

15 suspects arrested

The law enforcement agencies in collaboration with the police department conducted a search operation in the area of Rehmatabad, Raiwind, and arrested 15 suspects who have been shifted to an unknown place for the interrogation, officials said on Saturday.
Published 19 Feb, 2017 12:00am
Met office forecasts rain, snowfall

Met office forecasts rain, snowfall

The Met Office on Saturday forecast rain-thunderstorm with snowfall over hills for scores of places in upcountry and northern areas in the next 24 hours. The rainy and snowy weather is likely in Khyber Pakhtunkhwa, FATA, Gilgit-Baltistan and Kashmir while
Published 19 Feb, 2017 12:00am
KE facilitates customers seeking new connections

KE facilitates customers seeking new connections

K-Electric has collaborated with Faysal Bank to facilitate customers seeking new electricity connection. The collaboration will now enable customers to deposit funds against new electricity connection. In addition to paying their regular monthly bills, cu
Published 19 Feb, 2017 12:00am
Huge LED screen installed in Bahria Town

Huge LED screen installed in Bahria Town

Bahria Town has added fuel to the fire of PSL by installing a huge 60x30 feet LED screen at Carnival in Bahria Town Karachi for cricket aficionados and general public. Pakistan Super League's second edition has started on 9th February 2017 and will contin
Published 19 Feb, 2017 12:00am
CM orders security audit of shrines, holy places

CM orders security audit of shrines, holy places

Chief Minister of Sindh Syed Murad Ali Shah has decided to conduct security audit of all the shrines, mosques, temples, churches and such other holy places of worship, public and important places. "We all have to place efficient system to fight against te
Published 19 Feb, 2017 12:00am
Murad announces compensation for shrine blast's victims

Murad announces compensation for shrine blast's victims

Chief Minister of Sindh Syed Murad Ali Shah has announced compensation for the victims of the blast detonated at the shrine of Lal Shahbaz Qalandar. The chief minister said that there was no price of life but keeping in view the hardships and problems for
Published 19 Feb, 2017 12:00am
SRB to initiate sector-specific deliberations to resolve issues

SRB to initiate sector-specific deliberations to resolve issues

Sindh Revenue Board (SRB) has given assurance to the business fraternity to initiate sector-specific deliberations in order to resolve tax related issues. This was stated by Siraj Kassim Teli, Chairman Businessmen Group during media briefing after conclud
Published 19 Feb, 2017 12:00am
Siemens, AKUH sign agreement to install latest mammography system

Siemens, AKUH sign agreement to install latest mammography system

Siemens Healthineers and the Aga Khan University Hospital (AKUH) have signed a landmark agreement at the Arab Health 2017 Exhibition under which Siemens Healthineers will, in a bucket arrangement, supply latest mammography system and other equipment to AK
Published 19 Feb, 2017 12:00am
Rescue 1122 put on high alert

Rescue 1122 put on high alert

In the wake of recent horrific acts of terrorism in different parts of the country, the Punjab Emergency Services (Rescue 1122) has been put on high alert to deal with any kind of untoward incident through a well coordinated emergency response.
Published 19 Feb, 2017 12:00am
FBR urged to pay STR

FBR urged to pay STR

Chaudhry Salamat Ali, ex-Chairman, Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) (North Zone) has strongly demanded that the Sales Tax Refunds (STR) should be paid immediately to Value Added Textile Exporters as promised by Prime Minist
Published 19 Feb, 2017 12:00am
JI to resume drive against corruption from March 23

JI to resume drive against corruption from March 23

The Jamaat-e-Islami will launch a mass contact campaign from 23rd of March next in continuation of its Corruption Free Pakistan drive and reparations for the general elections, JI Secretary General Liaqat Baloch, said here on Saturday. He was delivering h
Published 19 Feb, 2017 12:00am
PPP denied rally permission in Multan

PPP denied rally permission in Multan

District administration of Multan has refused PPP to stage a public meeting in the city over prevailing security situation. PPP had sought permission from DC Multan Nadir Chattha to stage a rally at Qasim Bagh Cricket Stadium. Additional deputy commission
Published 19 Feb, 2017 12:00am
KP lawmakers' attendance remain short during four years: Fafen

KP lawmakers' attendance remain short during four years: Fafen

The KP lawmakers' attendance during the provincial Assembly sessions has been declining since last four parliamentary years. According to report of Free and Fair Election Network (Fafen) issued here on Saturday, the average annual attendance has fallen fr
Published 19 Feb, 2017 12:00am
Miani Sahib Graveyard: LHC seeks report about places reserved for graves

Miani Sahib Graveyard: LHC seeks report about places reserved for graves

The Lahore High Court has required a report from the Deputy Commissioner (DC) Lahore about the places reserved for graves at Miani Sahib Graveyard by April 12 in an intra-court appeal against encroachments around the graveyard. A division bench headed by
Published 19 Feb, 2017 12:00am
Steering committee discusses PKLI&RC issues

Steering committee discusses PKLI&RC issues

Issues like procurement of medical equipment, provision of utilities like electricity, safety and care, etc for Punjab Kidney Liver Institute & Research Centre (PKLI&RC) were deliberated upon in the 16th Steering Committee meeting of PKLI held on Saturday
Published 19 Feb, 2017 12:00am
Arrangements finalized for SSC exams: minister

Arrangements finalized for SSC exams: minister

Provincial Higher Education Minister Syed Raza Ali Gillani has said that all arrangements have been finalized to hold secondary school annual examinations 2017. The exams, which would commence from March 1st, would be held according to schedule in a trans
Published 19 Feb, 2017 12:00am
10.68 million bales of cotton reach ginneries
Cotton

10.68 million bales of cotton reach ginneries

Pakistan Cotton Ginners Association (PCGA) has issued the figures of cotton arrival up to February 15,2017. Seed cotton (Phutti) equivalent to over 10,685,254 bales of cotton have reached ginneries across Pakistan as of February 15,2017, showing an increa
Published 19 Feb, 2017 12:00am
PIAF slams hike in oil prices

PIAF slams hike in oil prices

The Pakistan Industrial and Traders Association Front (PIAF) criticised the government for increasing petroleum prices after every fortnight and said the third consecutive increase in oil prices has added to the miseries of the public in general and busin
Published 19 Feb, 2017 12:00am
Martyred journalist's father's plea to PM

Martyred journalist's father's plea to PM

The family of martyred journalist Musa Khankel from Swat, has appealed to the prime minister to expedite the process of handing over of the residential plot in Islamabad as promised by the government. Talking to media persons on Saturday, father of the sl
Published 19 Feb, 2017 12:00am
KP initiates project to raise oilseeds productivity

KP initiates project to raise oilseeds productivity

Khyber Pakhtunkhwa government, Higher education commission and NRPU have initiated a project titled "Commercialization of High Quality Rapeseed Variety Hasnain-2013" for enhancing oilseed Productivity in KP.
Published 19 Feb, 2017 12:00am
Pakistan to highlight CPEC at Munich

Pakistan to highlight CPEC at Munich

Pakistan will highlight significance of China-Pakistan Economic Corridor (CPEC) in promoting regional connectivity at 53rd Munich Security Conference, taking place in Bavarian City, Munich, Germany. Pakistan is being represented at the conference by Defen
Published 19 Feb, 2017 12:00am
CPEC brings diverse opportunities to youths: Khattak

CPEC brings diverse opportunities to youths: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak said on Saturday that CPEC brought diverse opportunities for the youth of the province and there was dire need of trained manpower in future.
Published 19 Feb, 2017 12:00am
Four terrorist outfits behind recent attacks in Pakistan: sources

Four terrorist outfits behind recent attacks in Pakistan: sources

Security forces have made headway in the investigations of recent terror attacks across Pakistan, identifying four terrorist organizations with direct links to the attacks that have claimed over 100 lives. Meanwhile, in an ongoing crackdown that was launc
Published 19 Feb, 2017 12:00am
Two killed in JUI-F leader's guest house blast

Two killed in JUI-F leader's guest house blast

Two people were killed in a bomb blast at the guest house of a Union Council Naib Nazim in the neighborhood of Totalai in Buner on Saturday. According to the local police station muharer Mian Hussain Shah, the incident occurred in Kas Kuruno area of Total
Published 19 Feb, 2017 12:00am
57 suspects held in Islamabad

57 suspects held in Islamabad

The personnel of Islamabad police, Rangers and other security agencies on Saturday arrested 57 suspects during a search operation conducted in the limits of Secretariat and Industrial Area police stations. An official said that police along with Rangers a
Published 19 Feb, 2017 12:00am
PTI submits transcript of Hussain Nawaz's interviews

PTI submits transcript of Hussain Nawaz's interviews

The lawyer of Imran Khan, Naeem Bukhari, submitted additional documents along with his application on Saturday in Panama Leaks case against Sharif family. The additional documents include interview transcripts of Prime Minister Nawaz's son Hussain Nawaz w
Published 19 Feb, 2017 12:00am
Regulatory regime well-defined and properly structured: PSX

Regulatory regime well-defined and properly structured: PSX

Pakistan Stock Exchange (PSX) has said there have recently been media reports regarding default of stock broker with insinuations that the regulators have not performed their job well. The PSX issued a press release Saturday to set the record straight and
Published 19 Feb, 2017 12:00am
ISPR sets up helpline to report suspicious activity

ISPR sets up helpline to report suspicious activity

The Inter-Services Public Relations (ISPR) has established 2 universal telephone numbers for the general public to report any suspicious activity. The public has been asked to report any suspicious activity in Punjab, Balochistan and Sindh provinces regar
Published 19 Feb, 2017 12:00am
Prices of essential kitchen items witness up to 25 percent reduction

Prices of essential kitchen items witness up to 25 percent reduction

Prices of essential kitchen items, especially entire range of pulses, have witnessed up to 25 percent reduction, while branded tea price is to go up by 10 percent within next two weeks, a survey carried out Business Recorder revealed here on Saturd
Published 19 Feb, 2017 12:00am
US corn farmers worry as Mexico woos South American suppliers

US corn farmers worry as Mexico woos South American suppliers

Mexico's attempts to diversify its supplies of corn could threaten a crucial market for US farmers who are increasingly dependent on exports to unload record stockpiles that are depressing prices. Mexico buys nearly all its corn imports from the United St
Published 19 Feb, 2017 12:00am
India may soon allow institutions to trade commodity futures

India may soon allow institutions to trade commodity futures

India could start allowing institutional investors to trade in its annual $1 trillion commodity futures market as soon as in a month, the head of the country's capital markets regulator said on Friday, as the government targets deepening of the market.
Published 19 Feb, 2017 12:00am
Gold must climb higher to unleash new projects: Buenaventura

Gold must climb higher to unleash new projects: Buenaventura

The new chief executive of Peru's biggest precious metals miner, Buenaventura, said on Tuesday that the price of gold would not likely trigger an industry-wide wave of new mining projects until it reached at least $1,350 per ounce. Victor Gobitz told Reut
Published 19 Feb, 2017 12:00am
Ghana's new cocoa industry regulator lowers output forecast

Ghana's new cocoa industry regulator lowers output forecast

Ghana will produce about 800,000 tonnes of cocoa in 2016/17, the new head of industry regulator Cocobod, Joseph Boahen Aidoo, told Reuters on Monday, slightly reducing a previous forecast of 850,000 to 900,000 tonnes. Aidoo, a former minister responsible
Published 19 Feb, 2017 12:00am
Russia says to meet oil output cut deal by April

Russia says to meet oil output cut deal by April

Russia said Thursday it will fully comply with an oil output cut agreement with other oil producing countries by the end of April. Under the deal with Opec and non-Opec countries signed last year Russia pledged to reduce its crude output by 300,000 barrel
Published 19 Feb, 2017 12:00am
Thailand to sell 96,000 tonnes of rubber from state stockpiles

Thailand to sell 96,000 tonnes of rubber from state stockpiles

Thailand, the world's biggest producer and exporter of rubber, expects to sell 96,000 tonnes of the commodity from state stockpiles, an official at its rubber authority told Reuters on Wednesday, ahead of a formal announcement set for Thursday. The sale i
Published 19 Feb, 2017 12:00am
Opec could extend or deepen supply cut if oil glut persists

Opec could extend or deepen supply cut if oil glut persists

Opec could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level, Opec sources said. The group, together with Russia and other non-Opec oil producers, agreed
Published 19 Feb, 2017 12:00am
Colombia coffee exporters brace for possible truckers strike

Colombia coffee exporters brace for possible truckers strike

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. Exporters scramble
Published 19 Feb, 2017 12:00am
China refrains from adding to gold reserves in January

China refrains from adding to gold reserves in January

China's gold reserves were unchanged for a third straight month in January at 59.24 million fine troy ounces, the central bank said on Tuesday. That represents the longest period China has gone without adding to holdings since it started regularly updatin
Published 19 Feb, 2017 12:00am
Thousands of Burundians protest peace talks

Thousands of Burundians protest peace talks

Thousands gathered in the streets of Bujumbura Saturday to protest peace talks aimed at resolving nearly two years of deadly political crisis in Burundi, which the government has boycotted. Talks in Arusha in northern Tanzania got underway Thursday in the
Published 19 Feb, 2017 12:00am
Patients feel the pinch as Zimbabwe doctors strike

Patients feel the pinch as Zimbabwe doctors strike

Hundreds of patients endured long hours waiting in casualty units at Zimbabwe's state hospitals Saturday due to a crippling strike by doctors seeker higher allowances and better work conditions. Zimbabwe had one of Africa's best healthcare systems but a b
Published 19 Feb, 2017 12:00am
SpaceX aborts launch after 'odd' rocket engine behaviour

SpaceX aborts launch after 'odd' rocket engine behaviour

SpaceX aborted its planned Dragon cargo launch to the International Space Station just seconds before liftoff Saturday due to a "slightly odd" technical issue with the Falcon 9 rocket engine. The delay was taken "out of an abundance of caution," a SpaceX
Published 19 Feb, 2017 12:00am
Golf club brings Trump brand to glitzy Dubai

Golf club brings Trump brand to glitzy Dubai

The American president's businessman sons opened the Trump International Golf Club Saturday as Dubai hosted the first foreign launch of a venue bearing Donald Trump's name since he took office. The Trump International Golf Club, developed in the glitzy Gu
Published 19 Feb, 2017 12:00am
Albanian protesters rally, pitch tent to demand free elections

Albanian protesters rally, pitch tent to demand free elections

Members of Albania's opposition Democratic Party pitched a giant tent outside Prime Minister Edi Rama's office on Saturday after thousands of protesters rallied to demand free elections and a technocrat government. Seven years ago, Rama put up tents outsi
Published 19 Feb, 2017 12:00am
Turkey sets out Raqqa operation plans to US

Turkey sets out Raqqa operation plans to US

Turkey has presented two proposals to the United States for how to carry out a joint military operation to drive Islamic State from its stronghold in the Syrian city of Raqqa, Turkish newspaper Hurriyet reported on Saturday. Ankara has said repeatedly tha
Published 19 Feb, 2017 12:00am
Turkey's PM holds pro-Erdogan rally in Germany

Turkey's PM holds pro-Erdogan rally in Germany

Turkey's prime minister drew criticism Saturday for holding a rally in Germany urging Turks there to support a referendum that would expand President Recep Tayyip Erdogan's powers. Binali Yildirim also told the several thousands of people at a stadium in
Published 19 Feb, 2017 12:00am
At least four people reported killed in California storm

At least four people reported killed in California storm

A severe storm pounding southern and central California reportedly killed at least four people overnight Friday, causing flash floods and forcing the evacuation of hundreds of people from their homes. Los Angeles city fire officials said a 55-year-old man
Published 19 Feb, 2017 12:00am
Trump calls media 'enemy of the American people'

Trump calls media 'enemy of the American people'

Donald Trump ratcheted up his attacks on the media Friday, blasting the press as "the enemy of the American people!" Shortly after landing at his holiday home in Mar-a-Lago, Florida - where he is spending a third consecutive weekend - the president lashed
Published 19 Feb, 2017 12:00am
Kim toxicology report may take two weeks: Malaysia

Kim toxicology report may take two weeks: Malaysia

A toxicology report on the body of the assassinated half-brother of North Korean leader Kim Jong-Un could take up to two weeks, Malaysia's top health official said Saturday. "Normally it will take about two weeks to find out what was the cause of death...
Published 19 Feb, 2017 12:00am
Man taking selfie among seven dead in Iran storms

Man taking selfie among seven dead in Iran storms

A man taking a selfie after an Iranian dam burst was among at least seven people killed as floods, avalanches and dust storms gripped the country, state media reported Saturday. The 40-year-old was swept away while taking the photograph beside a river swo
Published 19 Feb, 2017 12:00am
Mexicans form 'human wall' along US border to protest Trump

Mexicans form 'human wall' along US border to protest Trump

Thousands of Mexicans linked arms Friday to form a "human wall" on their country's border with the United States, protesting President Donald Trump's plan to build a massive barrier between the countries. The protest, organized by local authorities and Me
Published 19 Feb, 2017 12:00am
One killed, 27 hurt as train derails in Belgium

One killed, 27 hurt as train derails in Belgium

One person was killed and about 27 injured, three seriously, on Saturday when a carriage toppled onto its side in a train derailment in Belgium, rescue workers said. Rail operator SNCB said the passenger train bound for Brussels jumped the tracks shortly
Published 19 Feb, 2017 12:00am
Hundreds of Cubans deported since end of US immigration status: Cuba

Hundreds of Cubans deported since end of US immigration status: Cuba

More than 680 Cubans have been deported back to Cuba since the United States ended its decades-old policy giving them preferred immigrant status in January, state media reported Saturday. According to official Cuban reports, 683 people have been sent back
Published 19 Feb, 2017 12:00am
Hitler's 'destructive' wartime phone up for auction

Hitler's 'destructive' wartime phone up for auction

Adolf Hitler's personal telephone, which the Fuehrer used to dictate many of his deadly World War II commands, will hit the auction block this weekend, the US house selling it announced. Originally a black Bakelite phone that was later painted crimson and
Published 19 Feb, 2017 12:00am
China says ready to engage US as envoys meet

China says ready to engage US as envoys meet

Foreign Minister Wang Yi of China told his US counterpart Rex Tillerson that Beijing was ready to work with the Trump administration, according to a Chinese account of their meeting in Bonn. Wang and Tillerson met on Friday at a G20 gathering of foreign m
Published 19 Feb, 2017 12:00am
US coalition says IS command center destroyed in Mosul

US coalition says IS command center destroyed in Mosul

The US-led military coalition said on Saturday its forces had destroyed a building in the main medical complex of western Mosul that was suspected of housing an Islamic State command center. The militant group disputed the assertion, saying in an online s
Published 19 Feb, 2017 12:00am
Intel hub set up in Uganda to fight shadowy rebel group

Intel hub set up in Uganda to fight shadowy rebel group

Countries in Africa's Great Lakes region launched an intelligence nerve centre in Uganda Saturday to better coordinate the fight against a rebel group responsible for massacres in neighbouring DR Congo. A string of bloody killings in which civilians have
Published 19 Feb, 2017 12:00am
Thousands rally in Malaysia to back Islamic penal code bill

Thousands rally in Malaysia to back Islamic penal code bill

Tens of thousands of Malaysians rallied in the capital on Saturday to support the adoption of a strict Islamic penal code, a proposal religious minorities fear could infringe their rights. Prime Minister Najib Razak has thrown his weight behind the conten
Published 19 Feb, 2017 12:00am
DR Congo calls video of massacre by soldiers a fake

DR Congo calls video of massacre by soldiers a fake

The Democratic Republic of Congo condemned as a "ridiculous montage" Saturday a video purporting to show a massacre of unarmed civilians by DR Congo soldiers. The seven-minute video, which appears to be taken by cellphone, was provided to AFP late Friday
Published 19 Feb, 2017 12:00am
Danish tourist dies after Turkey balloon fall

Danish tourist dies after Turkey balloon fall

A Danish tourist died on Saturday in a fall during a hot-air balloon sightseeing ride over a UNESCO world heritage site in central Turkey, Danish and Turkish officials said. The Turkish transport ministry said the individual died after "falling from the b
Published 19 Feb, 2017 12:00am
PCB issues charge sheets to Sharjeel, Latif

PCB issues charge sheets to Sharjeel, Latif

The Pakistan Cricket Board (PCB) has issued charge sheet to suspended batsmen Sharjeel Khan and Khalid Latif under the PCB Anti-Corruption Code for their alleged involvement in the Pakistan Super League (PSL) spot-fixing scandal. Both the players have bee
Published 19 Feb, 2017 12:00am
Peshawar University Annual Sports Day on February 20

Peshawar University Annual Sports Day on February 20

University of Peshawar Boys Sports Annual Day and Inter-College Athletic Championship will be organized on February 20-21, 2017 at 10.00am. This was stated by Director General Sports University of Peshawar Bahre Karam while talking to media here on Saturd
Published 19 Feb, 2017 12:00am
Hamdan Polo Cup final today

Hamdan Polo Cup final today

Pakistan Army and Master Paints will view for the top honour in the Hamdan Housing Polo Cup 2017 final to be played today here at the Lahore Polo Club (LPC) ground. The subsidiary final will be contested between MMS and Master/Diamond Paints team. SKB and
Published 19 Feb, 2017 12:00am
Young topples Isner in Memphis Open quarters

Young topples Isner in Memphis Open quarters

American John Isner became the latest seed to be upset at the ATP Tour's Memphis Open on Friday as the second seed lost in three sets to unheralded Donald Young. The world No. 81 Young posted his first career win over Isner in four meetings by outlasting
Published 19 Feb, 2017 12:00am
Gladiators win PSL's top scoring match

Gladiators win PSL's top scoring match

Kevin Pietersen stuck blistering 88 as Quetta Gladiators defeated Lahore Qalandars by 5 wickets in the highest-scoring match of Pakistan Super League (PSL) played at Sharjah Cricket Stadium, UAE on Saturday. Chasing a mammoth total of 200 set by Lahore Qa
Published 19 Feb, 2017 12:00am
Five-minute Gameiro hat-trick spurs Atletico win

Five-minute Gameiro hat-trick spurs Atletico win

Substitute Kevin Gameiro hit the second fastest hat-trick in La Liga history in five minutes as Atletico Madrid maintained their grip on fourth in La Liga with a 4-1 win at Sporting Gijón. Gameiro was only introduced 28 minutes from time but struck in the
Published 19 Feb, 2017 12:00am
Alpine skiing: Flawless Shiffrin wins world slalom title

Alpine skiing: Flawless Shiffrin wins world slalom title

American Mikaela Shiffrin re-wrote the history books Saturday by laying down two near-perfect runs to convincingly win a third consecutive world slalom title. The untouchable 21-year-old, who won giant slalom silver on Thursday, had dominated the first le
Published 19 Feb, 2017 12:00am
Iyer shines as India A struggle against Aussies

Iyer shines as India A struggle against Aussies

India A struggled to score runs against a mighty Australian bowling attack Saturday as the visitors declared their innings at 469 on the second day of a three-day warm-up match in Mumbai. The home team were 176 for four at close, with Shreyas Iyer (85) an
Published 19 Feb, 2017 12:00am
Second edition of KP Female Games begin

Second edition of KP Female Games begin

The 2nd edition of the Khyber Pakhtunkhwa Under-23 Female Games got under way at Dera Ismail Khan Sports Complex amidst great fun and joys in the colourful opening ceremony with more than 480 female players are taking part in 13 different disciplines with
Published 19 Feb, 2017 12:00am
Lincoln stun Burnley in historic FA Cup win

Lincoln stun Burnley in historic FA Cup win

Sean Raggett scored an 89th-minute winner as non-league Lincoln City stunned Burnley 1-0 on Saturday to claim one of the biggest upsets in the history of the FA Cup. Eighty-one places below Burnley in the English football pyramid, fifth-tier Lincoln preva
Published 19 Feb, 2017 12:00am
Tsonga slams Berdych to reach Rotterdam final

Tsonga slams Berdych to reach Rotterdam final

Jo-Wilfried Tsonga rained down ten aces, finishing off Tomas Berdych 6-3, 6-4 in 72 minutes on Saturday to power into a second Rotterdam World Tennis final on Saturday. The French sixth seed will compete for his first title at the Ahoy stadium after finis
Published 19 Feb, 2017 12:00am
Two-day zip-line event begins in Peshawar

Two-day zip-line event begins in Peshawar

The two-day first-ever zip-line event kicked off at the Hayatabad Sports Complex (HSC) on Saturday. The Tourism Corporation Khyber Pakhtunkhwa (TCKP) and the Adventure Club have jointly organised the event. Secretary Sports, Tourism, Archaeology, Museums,
Published 19 Feb, 2017 12:00am
British pound to slip again once EU divorce talks start
Currency

British pound to slip again once EU divorce talks start

The British pound's relative upswing over the past few weeks will come to an end when Britain formally begins divorce negotiations with the European Union, and if the talks turn fractious its fall could be steep, a Reuters poll showed last Tuesday Since t
Published 19 Feb, 2017 12:00am
Emerging market FX to slip once Trump economic plans are clearer

Emerging market FX to slip once Trump economic plans are clearer

The latest rally in emerging market currencies is unlikely to last long, a Reuters poll showed last Tuesday, with recent gains expected to be curtailed as soon as the economic policies of US President Donald Trump become clearer. Sentiment has been buoyan
Published 19 Feb, 2017 12:00am
Emerging market FX to slip once Trump economic plans are clearer

Emerging market FX to slip once Trump economic plans are clearer

The latest rally in emerging market currencies is unlikely to last long, a Reuters poll showed last Tuesday, with recent gains expected to be curtailed as soon as the economic policies of US President Donald Trump become clearer. Sentiment has been buoyan
Published 19 Feb, 2017 12:00am
Ghana seeks additional reserves to support currency
Currency

Ghana seeks additional reserves to support currency

Ghana is arranging for additional reserves to intervene sooner than planned in order to prop the local cedi currency which has weakened to new lows this week, two central bank sources said on Thursday. The cedi has been under pressure since early February
Published 19 Feb, 2017 12:00am
Speculators pare back US dollar longs to four-month low
Currency

Speculators pare back US dollar longs to four-month low

Speculators reduced bullish bets on the US dollar to their lowest in four months, cutting net longs for a sixth straight week, according to Commodity Futures Trading Commission data released on Friday and calculations by Reuters. The value of the dollar's
Published 19 Feb, 2017 12:00am
Egypt adjusts customs exchange rate to 16 per dollar
Currency

Egypt adjusts customs exchange rate to 16 per dollar

Egypt will change its dollar exchange rate for customs to 16 pounds from 18.5 pounds on Thursday, after the Egyptian currency strengthened significantly in recent days. Egypt's central bank floated its pound in November as part of a reform programme that
Published 19 Feb, 2017 12:00am
Yen gains as political worries stoke safe-haven bids
Currency

Yen gains as political worries stoke safe-haven bids

The yen rose against major currencies on Friday as concerns about the upcoming French elections and the lack of movement in fiscal changes in the United States kindled safe-haven demand for the Japanese currency. The dollar improved versus most peers with
Published 19 Feb, 2017 12:00am
Canadian dollar weakens
Currency

Canadian dollar weakens

The Canadian dollar weakened against its US counterpart on Friday, pressured by corporate selling ahead of a long weekend and broader gains for the greenback. For the week, the loonie dipped 0.1 percent. It was the second straight week that the loonie edg
Published 19 Feb, 2017 12:00am
FXCM's January non-US volume rises 18 percent
Currency

FXCM's January non-US volume rises 18 percent

Currency broker FXCM Inc, which was banned last week from operating in the United States, said on Wednesday its non-US monthly trading volume rose 18 percent to an estimated $253 billion in January from December. Volume, however, fell 17 percent from a ye
Published 19 Feb, 2017 12:00am
Dow edges up to seventh straight record high

Dow edges up to seventh straight record high

The Dow Jones Industrial Average barely reached a seventh straight record high on Friday and the S&P 500 and Nasdaq also closed at a record as gains in Kraft Heinz helped offset selling in energy stocks. After suffering losses for most of the session, the
Published 19 Feb, 2017 12:00am
US banks pile into US bond market for second helpings

US banks pile into US bond market for second helpings

J.P. Morgan and Morgan Stanley charged into the US dollar bond market Tuesday, taking advantage of strong conditions to front-load issuance to meet Total Loss Absorbing Capacity needs. Morgan Stanley sold a US$3bn three-year non-call two floating rate bon
Published 19 Feb, 2017 12:00am
US banks pile into US bond market for second helpings

US banks pile into US bond market for second helpings

J.P. Morgan and Morgan Stanley charged into the US dollar bond market Tuesday, taking advantage of strong conditions to front-load issuance to meet Total Loss Absorbing Capacity needs. Morgan Stanley sold a US$3bn three-year non-call two floating rate bon
Published 19 Feb, 2017 12:00am
Taiwan stocks up in special session

Taiwan stocks up in special session

Taiwan stocks rose on Saturday in a special trading session as market participants attempted to get the index back above the key 9,800 level. Taiwan's financial markets are open due to a government holiday schedule for February. As of 0202 GMT, the main T
Published 19 Feb, 2017 12:00am
Snap prices IPO, seeks more than $2 billion

Snap prices IPO, seeks more than $2 billion

Snapchat's corporate parent seeks to raise more than $2 billion for the fast-growing social media group in the tech sector's largest public offering in nearly three years, documents filed Thursday showed. Outlining the financial details of its initial pub
Published 19 Feb, 2017 12:00am
Snap prices IPO, seeks more than $2 billion

Snap prices IPO, seeks more than $2 billion

Snapchat's corporate parent seeks to raise more than $2 billion for the fast-growing social media group in the tech sector's largest public offering in nearly three years, documents filed Thursday showed. Outlining the financial details of its initial pub
Published 19 Feb, 2017 12:00am
Abu Dhabi in no rush to issue bond

Abu Dhabi in no rush to issue bond

The emirate of Abu Dhabi is in no rush to issue an international bond this year after completing a non-deal roadshow for investors in Asia, and may not issue at all this year, sources close to the matter said on Wednesday. Government representatives met A
Published 19 Feb, 2017 12:00am
Abu Dhabi in no rush to issue bond

Abu Dhabi in no rush to issue bond

The emirate of Abu Dhabi is in no rush to issue an international bond this year after completing a non-deal roadshow for investors in Asia, and may not issue at all this year, sources close to the matter said on Wednesday. Government representatives met A
Published 19 Feb, 2017 12:00am
Treasuries outlook: bonds gain on falling stocks, French polls worries

Treasuries outlook: bonds gain on falling stocks, French polls worries

US Treasury prices gained on Friday as concerns over the French presidential election and weak data in Britain added to risk aversion, hurting stocks and boosting demand for safe haven US debt. Reports that the two main left-leaning candidates in France's
Published 19 Feb, 2017 12:00am
Treasuries outlook: bonds gain on falling stocks, French polls worries

Treasuries outlook: bonds gain on falling stocks, French polls worries

US Treasury prices gained on Friday as concerns over the French presidential election and weak data in Britain added to risk aversion, hurting stocks and boosting demand for safe haven US debt. Reports that the two main left-leaning candidates in France's
Published 19 Feb, 2017 12:00am
TSX pulls back from record high

TSX pulls back from record high

Canada's benchmark stock index ended its winning streak on Friday, pulling back from the previous day's record high, pressured by losses for the materials group as prices of base and precious metals fell. The Toronto Stock Exchange's S&P/TSX composite ind
Published 19 Feb, 2017 12:00am
Italian bond yields set for first weekly fall in five

Italian bond yields set for first weekly fall in five

Italy's benchmark government bond yield was set for its first weekly fall for over a month on Friday as investors pushed back their expectations for elections and tipped the country to benefit more from central bank debt purchases. While the country's ben
Published 19 Feb, 2017 12:00am
Italian bond yields set for first weekly fall in five

Italian bond yields set for first weekly fall in five

Italy's benchmark government bond yield was set for its first weekly fall for over a month on Friday as investors pushed back their expectations for elections and tipped the country to benefit more from central bank debt purchases. While the country's ben
Published 19 Feb, 2017 12:00am
Euronext profits up

Euronext profits up

European stock market operator Euronext said Wednesday that cost-cutting enabled it to lift profits last year despite market volatility triggered by Brexit and the US elections. Euronext, which operates the Paris, Amsterdam, Brussels and Lisbon stock exch
Published 19 Feb, 2017 12:00am
Berkshire takes huge bite of Apple, boosts airline stakes

Berkshire takes huge bite of Apple, boosts airline stakes

Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest US airlines. In a regulatory filing, Berkshire report
Published 19 Feb, 2017 12:00am
Berkshire takes huge bite of Apple, boosts airline stakes

Berkshire takes huge bite of Apple, boosts airline stakes

Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest US airlines. In a regulatory filing, Berkshire report
Published 19 Feb, 2017 12:00am
Merkel suggests euro is too low for Germany

Merkel suggests euro is too low for Germany

German Chancellor Angela Merkel suggested on Saturday that the euro was too low for Germany but made clear that Berlin had no power to address this "problem" because monetary policy was set by the independent European Central Bank. Merkel made her remarks
Published 19 Feb, 2017 12:00am
If inflation rise persists, rate hike should come this year: ECB member

If inflation rise persists, rate hike should come this year: ECB member

European Central Bank board member Sabine Lautenschlaeger has said the ECB should raise interest rates before the end of the year if euro zone inflation establishes itself at the ECB's target level. In an interview with German Deutschlandfunk radio to be
Published 19 Feb, 2017 12:00am
French carmaker eyes GM's European brands

French carmaker eyes GM's European brands

French carmaker PSA said it was thinking about taking over Opel and Vauxhall, loss-ridden European subsidiaries of US auto giant General Motors. PSA, which groups the Peugeot, Citroen and DS brands, "is exploring the possibility of acquiring Opel and Vaux
Published 19 Feb, 2017 12:00am
PSA chief executive to meet UK's May about Vauxhall takeover

PSA chief executive to meet UK's May about Vauxhall takeover

The chief executive of Peugeot manufacturer PSA Group will meet British Prime Minister Theresa May to discuss his firm's planned acquisition of General Motors' Opel and Vauxhall operations, a government spokesman said on Saturday. Both Britain and Germany
Published 19 Feb, 2017 12:00am
Freeport Indonesia CEO resigns after force majeure on copper exports

Freeport Indonesia CEO resigns after force majeure on copper exports

Chappy Hakim, chief executive of miner Freeport-McMoran Inc's Indonesian unit, has resigned, the company said on Saturday, after the parent firm declared force majeure on copper concentrate shipments from its Grasberg mine in Papua. Freeport, which has be
Published 19 Feb, 2017 12:00am
Zuma attacks banks over currency rigging charges
Currency

Zuma attacks banks over currency rigging charges

South Africa will come down hard on financial market abuse, President Jacob Zuma said on Thursday, following accusations that more than a dozen local and foreign banks had rigged rand currency dealing. The Competition Commission said on Wednesday it had f
Published 19 Feb, 2017 12:00am
Britain, China pledge to promote free trade

Britain, China pledge to promote free trade

China and Britain have pledged to promote free trade and cooperate on building a open world economy, fanning efforts to shore up what the two governments have called a "golden era" in their relationship, the Xinhua news agency reported on Friday. China is
Published 19 Feb, 2017 12:00am
Ford not scrapping plans to build Mexico factories

Ford not scrapping plans to build Mexico factories

Ford is sticking with its plan to build two new factories in Mexico, despite an announcement last month that it had scrapped plans for a plant in the central state of San Luis Potosi. The US carmaker said a planned factory in the central state of Guanajua
Published 19 Feb, 2017 12:00am
EU countries clear 18-month extension of China solar duties

EU countries clear 18-month extension of China solar duties

European Union member states have cleared an 18-month extension of import tariffs on solar panels from China, a compromise position after initial opposition, sources said on Friday. Anti-dumping and anti-subsidy duties have been in place on Chinese solar
Published 19 Feb, 2017 12:00am
EU countries clear 18-month extension of China solar duties

EU countries clear 18-month extension of China solar duties

European Union member states have cleared an 18-month extension of import tariffs on solar panels from China, a compromise position after initial opposition, sources said on Friday. Anti-dumping and anti-subsidy duties have been in place on Chinese solar
Published 19 Feb, 2017 12:00am
Four famines mean 20 million may starve in the next six months
Currency

Four famines mean 20 million may starve in the next six months

More than 20 million people - greater than the population of Romania or Florida - risk dying from starvation within six months in four separate famines, UN World Food Programme chief economist Arif Husain says. Wars in Yemen, northeastern Nigeria and Sout
Published 19 Feb, 2017 12:00am
Volume of business falls on cotton market
Cotton

Volume of business falls on cotton market

Volume of business dropped on the cotton market on Saturday in line with the international track, dealers said. The official spot rate was unmoved at Rs 6650, they said. In Sindh, seed cotton prices were modestly higher by Rs 100 to Rs 3300-3500, they sai
Published 19 Feb, 2017 12:00am
Thai rice prices up on Chinese deal; slow in India, Vietnam

Thai rice prices up on Chinese deal; slow in India, Vietnam

Rice prices in Thailand advanced this week following a deal with the Chinese government, while markets slowed in India and Vietnam, traders said on Thursday. In Thailand, the world's second biggest rice exporter, benchmark 5-percent broken rice edged up t
Published 19 Feb, 2017 12:00am
US natural gas futures near three-month low

US natural gas futures near three-month low

US natural gas futures on Thursday fell to their lowest level since mid-November after a smaller-than-expected storage draw and forecasts for warmer weather over the next two weeks. The US Energy Information Administration said utilities pulled 114 billio
Published 19 Feb, 2017 12:00am
Argentina to double use of ethanol in fuels

Argentina to double use of ethanol in fuels

Argentina in the next two to three years could double the proportion of ethanol used in gasoline from the current 12 percent of the blend, a government official told Reuters. If the government goes forward with the increase, the South American agricultura
Published 19 Feb, 2017 12:00am
US FOB Gulf corn offers firmer

US FOB Gulf corn offers firmer

Export premiums for corn shipped from the US Gulf Coast were steady to firmer on Thursday on increased demand for Gulf shipments due to loading delays in the Pacific Northwest, traders said. At least five US corn cargoes have been switched from the PNW to
Published 19 Feb, 2017 12:00am
Bangladesh tea prices fall

Bangladesh tea prices fall

Tea prices in Bangladesh fell sharply at the weekly auction on Tuesday on higher supplies of inferior-grade leaf, but low prices attracted foreign buyers that led to a rise in sales volume. Bangladesh tea fetched an average of 134.67 taka ($2.50) per kg a
Published 19 Feb, 2017 12:00am
Chinese iron ore futures slide over two percent

Chinese iron ore futures slide over two percent

Chinese iron ore futures slid more than 2 percent on Thursday, reversing gains that pushed the commodity to record high, as steel prices made a similar U-turn in afternoon trading. Expectations of a pickup in construction activity and steel supply tighten
Published 19 Feb, 2017 12:00am
US Plains HRW wheat bids higher

US Plains HRW wheat bids higher

Spot basis hard red winter wheat (HRW) bids for grain moved by rail to the US Gulf Coast were higher on Thursday, supported by good export business, grain merchants said. Thursday's US Department of Agriculture weekly export data showed net wheat export s
Published 19 Feb, 2017 12:00am
EU wheat futures slightly lower
Currency

EU wheat futures slightly lower

Euronext wheat futures closed slightly lower on Thursday, easing from an earlier six-month high, after a rebound in the euro against the dollar countered support from rallying US prices. May milling wheat settled 0.25 euro or 0.1 percent lower at 175.50 e
Published 19 Feb, 2017 12:00am
Indonesian coffee jumps, Vietnam advances on higher demand

Indonesian coffee jumps, Vietnam advances on higher demand

Higher demand from global importers and lack of domestic supply pushed up prices in Vietnam, while Indonesian coffee surged amid lean trade as supply in the area continued to be thin, traders said on Thursday. Coffee prices in Daklak, Vietnam's largest gr
Published 19 Feb, 2017 12:00am
Asian naphtha crack eases

Asian naphtha crack eases

Asia's naphtha crack eased $2.90 to $108.18 a tonne but the value was 11 percent higher than a month ago as supplies remained squeezed while demand was strong. LG Chem was the first to seek cargoes for first-half April delivery in South Korea via a tender
Published 19 Feb, 2017 12:00am
European gasoline cracks fall

European gasoline cracks fall

Gasoline refining margins fell on Thursday after a sharp rise in stocks in the Amsterdam-Rotterdam-Antwerp hub. Gasoline stocks rose by 22.9 percent to their highest since late January in the week to Thursday, data from Dutch consultancy PJK International
Published 19 Feb, 2017 12:00am
Libya seeks to buy grains

Libya seeks to buy grains

A Libyan state grain buying agency has issued an international tender to purchase 100,000 tonnes of milling wheat, 50,000 tonnes of durum wheat and 75,000 tonnes of yellow corn, European traders said on Thursday. The agency is also tendering to buy up to
Published 19 Feb, 2017 12:00am
CBOT wheat futures drop on profit-taking

CBOT wheat futures drop on profit-taking

US wheat futures dropped 2 percent on Thursday, closing at session lows as traders locked in profits after the most active Chicago Board of Trade soft red winter wheat contract hit its highest in nearly eight months. The decline was the biggest for wheat
Published 19 Feb, 2017 12:00am
Ukraine's January wheat exports fall

Ukraine's January wheat exports fall

Ukraine's January wheat exports fell by around 14 percent to 1.2 million tonnes and most of it went to India, consultancy UkrAgroConsult said on Wednesday. India, a major importer of Ukrainian wheat this season, consumed 780,000 tonnes or 64 percent of Uk
Published 19 Feb, 2017 12:00am
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