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Archive - 2017-02-27
Jamadi-us-Sani moon not sighted
General News

Jamadi-us-Sani moon not sighted

KARACHI: The crescent of Jamadi-us-Sani was not sighted on Monday, therefore, the first of Jamadi-us-Sani 1438 will fall on Wednesday (March 01, 2017).
Published 27 Feb, 2017 07:07pm
Pentagon readies new anti-IS plan for Trump
Front Top News

Pentagon readies new anti-IS plan for Trump

WASHINGTON: The Pentagon was due to present the White House on Monday with possible new battle plans to defeat the Islamic State group, after President Donald Trump demanded top brass find additional ways to destroy the militants.
Published 27 Feb, 2017 04:34pm
Trump plots big increase in defense spending
World Top News

Trump plots big increase in defense spending

WASHINGTON: President Donald Trump on Monday teased a budget plan that includes a substantial increase in defense spending and cuts in foreign aid.
Published 27 Feb, 2017 04:29pm
Bullion Prices on Monday
Markets

Bullion Prices on Monday

KARACHI: Following were the Bullion Prices in Karachi, Hyderabad, Multan and Lahore on Monday.
Published 27 Feb, 2017 03:32pm
Census to be carried out professionally: Dar
Front Top News

Census to be carried out professionally: Dar

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar Monday said national census would be carried out professionally with complete coordination among departments concerned.
Published 27 Feb, 2017 03:31pm
Sterling hits 12-day low as Brexit jitters return
Financial

Sterling hits 12-day low as Brexit jitters return

LONDON: Sterling hit a 12-day low against the dollar on Monday, as talk of another possible Scottish independence vote added to fears about Britain's future as it prepares to leave the European Union.
Published 27 Feb, 2017 02:32pm
President stresses effective fire safety strategy
General News

President stresses effective fire safety strategy

ISLAMABAD: President Mamnoon Hussain Monday stressed the need for devising an effective strategy for disaster risk reduction and disaster management in fire-related incidents to ensure safe living conditions for the people.
Published 27 Feb, 2017 01:50pm
CDNS achieves Rs 156 billion by Feb 21
Top News

CDNS achieves Rs 156 billion by Feb 21

ISLAMABAD: The Central Directorate of National Savings(CDNS) has achieved Rs 156 billion savings till last weeks of third quarter of current fiscal year, from July 01 to February 21, 2016-17.
Published 27 Feb, 2017 01:48pm
PSL final to be held at Lahore: CM Punjab
Pakistan Top News

PSL final to be held at Lahore: CM Punjab

LAHORE: The final of the Pakistan Super League (PSL) will be held on March 5th in Lahore, after a green signal by the government of Punjab on Monday.
Published 27 Feb, 2017 01:17pm
PSL II: Key moments on road to playoffs
Cricket

PSL II: Key moments on road to playoffs

The Pakistan Super League (PSL) has entered its final phase, and with four teams confirmed for the playoffs beginning from Tuesday, the road to the main event has finally opened.
Published 27 Feb, 2017 11:58am
GrandBa Cooking by Julia Cosmo
Featured Photos

GrandBa Cooking by Julia Cosmo

Photo Credit: Julia Cosmo%D%AJulia Cosmo is a talented former designer, photographer, retoucher, painter and educator based in Moscow, Russia.
Published 27 Feb, 2017 11:44am
Portrait Photography by Jessica Rivas
Featured Photos

Portrait Photography by Jessica Rivas

Photo Credit: Jessica Rivas%D%AJessica Rivas is a talented 24-year old photographer based in Miami, Florida.
Published 27 Feb, 2017 11:34am
Sailor's Break by Esteban Watier
Featured Photos

Sailor's Break by Esteban Watier

Photo Credit: Esteban Watier%Dsteban Watier, an amazing self-taught photographer hails from Paris, France; where he also works.
Published 27 Feb, 2017 10:52am
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Monday having 48518.
Published 27 Feb, 2017 10:52am
Iranian President Rouhani to visit Pakistan for ECO Summit
Front Top News

Iranian President Rouhani to visit Pakistan for ECO Summit

TEHRAN: Iran's President Hassan Rouhani will arrive in Islamabad on Tuesday at the official invitation of Pakistani Prime Minister, Muhammad Nawaz Sharif to take part in the 13th Summit of the ECO Heads of States.
Published 27 Feb, 2017 10:44am
Can't Wait For Perfect by David Schermann
Featured Photos

Can't Wait For Perfect by David Schermann

Photo Credit: David Schermann%David Schermann is a talented 24-year old self taught photographer and artist based in Vienna, Austria.
Published 27 Feb, 2017 10:22am
Nature Hammock by David Waugh
Featured Photos

Nature Hammock by David Waugh

Photo Credit: David Waugh%David Waugh is a talented self-taught photographer, adventurer and content creator based in Salt Lake City, Utah.
Published 27 Feb, 2017 09:55am
Scope of joint anti-terrorism operations in Punjab to be expanded
Pakistan Top News

Scope of joint anti-terrorism operations in Punjab to be expanded

%D%ARECORDER REPORT %D%ALAHORE: Chief Minister Punjab Shehbaz Sharif here Sunday chaired a Provincial Apex Committee meeting that resolved to root out militancy, terrorism, extremism and sectarianism from the country and expressed great satisfaction on th
Published 27 Feb, 2017 09:45am
Wild & Free by Davey Gravy
Featured Photos

Wild & Free by Davey Gravy

Photo Credit: Davey Gravy%Davey Gravy is a talented self-taught photographer, filmmaker, painter and artist based in Calgary, Alberta, Canada.
Published 27 Feb, 2017 09:30am
Amir Khan faces MMA challenge from Pakistan
Sports

Amir Khan faces MMA challenge from Pakistan

British Pakistani boxer Amir Khan is all set to compete against Philippine boxing hero Manny Pacquiao on April 23, confirmation of the match comes after weeks of conflicting reports.
Published 27 Feb, 2017 09:23am
Iran tests missiles in naval exercises
Asia

Iran tests missiles in naval exercises

TEHRAN: Iran's navy has test-fired the latest versions of the Nasr and Dehlaviyeh missiles during military exercises in the Gulf, local media reported on Monday.
Published 27 Feb, 2017 09:21am
Mourinho demands United trophy charge
Football

Mourinho demands United trophy charge

LONDON: Jose Mourinho has challenged his Manchester United stars to use their dramatic League Cup final win against Southampton as a springboard to bigger prizes.
Published 27 Feb, 2017 08:46am
Winter Swimming in The Frozen Lake by Markku Lahdesmaki
Featured Photos

Winter Swimming in The Frozen Lake by Markku Lahdesmaki

Photo Credit: Markku Lahdesmaki%D%AMarkku Lahdesmaki is a professional photographer and filmmaker, who was born in Tampere, southern Finland and currently based in Palm Springs, CA, United States.
Published 27 Feb, 2017 08:41am
Future-shots by Kat Irlin
Featured Photos

Future-shots by Kat Irlin

Photo Credit: Kat Irlin%D%AKat Irlin is a talented Russian self-taught fashion, lifestyle and portrait photographer who currently lives and works in New York City.
Published 27 Feb, 2017 08:24am
ECC approves winding up of Pakistan Textile City
Industries & Sectors

ECC approves winding up of Pakistan Textile City

ZAHEER ABBASI%D%A%D%AISLAMABAD: The Econo-mic Coordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the companys liabilities and transfer of its land to the Port Qasim Authority (PQA
Published 27 Feb, 2017 08:23am
China's top diplomat Yang Jiechi to visit US
Asia

China's top diplomat Yang Jiechi to visit US

BEIJING: China's top diplomat will visit the United States this week, becoming the highest-level Chinese official to make the trip since President Donald Trump was elected.
Published 27 Feb, 2017 08:11am
South Korea special prosecutors to decide on charges
Asia

South Korea special prosecutors to decide on charges

SEOUL: Special prosecutors investigating South Korea's swirling corruption scandal said they would decide Tuesday whether to indict the heir to the Samsung empire, after losing a bid to extend their inquiry.
Published 27 Feb, 2017 07:45am
Kimmel cracks Trump jokes at 89th Oscars open
Movies & Music

Kimmel cracks Trump jokes at 89th Oscars open

UNITED STATES: Host Jimmy Kimmel opened the glitzy Oscars Sunday with a salvo of jokes targeting President Donald Trump on a night expected to be as remarkable for political protest as for its celebration of Hollywood.
Published 27 Feb, 2017 06:49am
INDU needs to rev up!
Automobile

INDU needs to rev up!

Business may be dull in the house of Toyota, and it is reflecting in the companys recent financial statements.
Published 27 Feb, 2017 05:31am
Nishat Chunian Power
Miscellaneous

Nishat Chunian Power

Nishat Chunian Power Limited (PSX: NCPL) posted its result on Friday for 1HFY17 which showed a decline in the bottomline on the back of low revenues.
Published 27 Feb, 2017 05:30am
Thousands march in Moscow two years after Putin foe killed

Thousands march in Moscow two years after Putin foe killed

Thousands of Russians marched through central Moscow on Sunday in memory of slain opposition leader Boris Nemtsov, two years after he was shot dead near the Kremlin. The assassination of the former deputy prime minister on February 27, 2015 was the highes
Published 27 Feb, 2017 12:00am
Father of SEAL slain in Yemen calls for investigation

Father of SEAL slain in Yemen calls for investigation

The father of a US Navy SEAL killed in a raid in Yemen criticised President Donald Trump's decision to give the go-ahead and called for an investigation in an interview published Sunday. Bill Owens, the father of slain SEAL William "Ryan" Owens, told the
Published 27 Feb, 2017 12:00am
Sudan's Bashir frees jailed Czech missionary

Sudan's Bashir frees jailed Czech missionary

Sudanese President Omar al-Bashir has ordered the release of a Czech Christian aid worker sentenced to 24 years in jail on charges of spying and inciting hatred, a minister said Sunday. Petr Jasek, 53, was arrested in December 2015 and a court sentenced h
Published 27 Feb, 2017 12:00am
France sends backup to Niger after 16 troops killed

France sends backup to Niger after 16 troops killed

France is to send a contingent of counterterror forces to help the army in Niger after militants ambushed a military patrol killing 16, the defence ministry said. The decision, announced late Saturday, was taken following a request from President Mahamado
Published 27 Feb, 2017 12:00am
Would it work?
Currency

Would it work?

The central bank has finally imposed cash margins on import of as many as 404 items with immediate effect with a view to narrowing country's trade deficit. All it shows that the central bank is aware of and worried about the widening trade deficit and the
Published 27 Feb, 2017 12:00am
Regulatory bodies

Regulatory bodies

Chief Justice Lahore High Court suspended the notification transferring administrative control of five regulatory bodies to their respective ministries. The notification issued on 20 December 2016 cited Rule 3(3) of the Rules of Business, 1973 as justific
Published 27 Feb, 2017 12:00am
Negative fallout of border closure

Negative fallout of border closure

If border crossings at Torkhum and Chaman have been closed as an expression of anger and outrage over the Jamatul Ahrar-claimed carnage at the shrine of Lal Shahbaz Qalandar then it is understandable. But one would be profoundly naïve to believe that such
Published 27 Feb, 2017 12:00am
Census a must

Census a must

Phase one of the census exercise is scheduled to begin on 15 March (envisaged duration one month) with speculation in the capital that it may be postponed due to raised security concerns as a consequence of the recent spike in terror attacks in the countr
Published 27 Feb, 2017 12:00am
CPEC's likely effects on local manufacturing

CPEC's likely effects on local manufacturing

Local manufacturing industries have been finding it hard to dominate the local market for quite some time mainly due to price difference between locally manufactured goods and imported goods including smuggled goods. Unfortunately, CPEC is expected to exa
Published 27 Feb, 2017 12:00am
US Treasury rekindles interest in rare century bond

US Treasury rekindles interest in rare century bond

The United States has rekindled interest in ultra long-term debt, including possibly a rare century bond, to lock in the current very low borrowing rates. "I think it's something that we should seriously look at," newly-installed US Treasury Secretary Ste
Published 27 Feb, 2017 12:00am
Ashraf Ghani loses his marbles

Ashraf Ghani loses his marbles

Afghanistan's Ashraf Ghani seems to have lost his marbles. He has chosen belligerence over co-operation with Pakistan. Look at his audacity: his ambassador to Islamabad has handed a list of Pakistan claiming the presence of Taliban and Haqqani leaders and
Published 27 Feb, 2017 12:00am
China offers to invest in KP uplift schemes

China offers to invest in KP uplift schemes

China Railway Construction Corporation Limited (CRCC) has offered to invest in various development schemes of Khyber Pakhtunkhwa and will soon sign a number of agreements with the Provincial Government to execute various projects. This was disclosed in a
Published 27 Feb, 2017 12:00am
Marwat denies joining PPP

Marwat denies joining PPP

Pakistan Muslim League-N (PML-N) leader Irfanullah Marwat on Sunday denied joining the Pakistan Peoples Party (PPP). His clarification came a day after Aseefa and Bakhtawar, the daughters of former president and Co-chairman of PPP Asif Ali Zardari, reacte
Published 27 Feb, 2017 12:00am
International Rehabilitation Conference concludes

International Rehabilitation Conference concludes

Pakistan's third International Rehabilitation Conference organised by Higher Education Commission (HEC) and Isra Institute of Rehabilitation Sciences (IIRS) concluded here on Sunday.
Published 27 Feb, 2017 12:00am
Government seems to be indecisive about military courts: JI chief

Government seems to be indecisive about military courts: JI chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that a national consensus was required for the revival of the military courts but the government itself seemed to be undecided on the issue so far. He was talking to the media at a receptio
Published 27 Feb, 2017 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (February 20 to 24 2017).

Published 27 Feb, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (February 26, 2017) and the forecast for Monday (February 27, 2017).

Published 27 Feb, 2017 12:00am
Scope of joint operations in Punjab to be expanded

Scope of joint operations in Punjab to be expanded

Chief Minister Punjab Shehbaz Sharif here Sunday chaired a Provincial Apex Committee meeting in which National Security Adviser Lt Gen Nasser Khan Janjua (retd), Lahore Corps Commander Lt-General Sadiq Ali, Provincial Minister for Counter Terrorism Colone
Published 27 Feb, 2017 12:00am
Scope of joint operations in Punjab to be expanded

Scope of joint operations in Punjab to be expanded

Chief Minister Punjab Shehbaz Sharif here Sunday chaired a Provincial Apex Committee meeting in which National Security Adviser Lt Gen Nasser Khan Janjua (retd), Lahore Corps Commander Lt-General Sadiq Ali, Provincial Minister for Counter Terrorism Colone
Published 27 Feb, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Steadier trend was seen on the money market as the rupee sustained it's current levels against the dollar during the week, ended on February 25, 2017.
Published 27 Feb, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Steadier trend was seen on the money market as the rupee sustained it's current levels against the dollar during the week, ended on February 25, 2017.
Published 27 Feb, 2017 12:00am
ECC approves winding up of Pakistan Textile City

ECC approves winding up of Pakistan Textile City

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the company's liabilities and transfer of its land to the Port Qasim Authority (PQA).
Published 27 Feb, 2017 12:00am
ECC approves winding up of Pakistan Textile City

ECC approves winding up of Pakistan Textile City

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the company's liabilities and transfer of its land to the Port Qasim Authority (PQA).
Published 27 Feb, 2017 12:00am
ECC approves winding up of Pakistan Textile City

ECC approves winding up of Pakistan Textile City

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the company''s liabilities and transfer of its land to the Port Qasim Authority (PQA).
Published 27 Feb, 2017 12:00am
Volatility grips equities

Volatility grips equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week due to future roll-over and deteriorating security situation in the country.
Published 27 Feb, 2017 12:00am
Volatility grips equities

Volatility grips equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week due to future roll-over and deteriorating security situation in the country.
Published 27 Feb, 2017 12:00am
Volatility grips equities

Volatility grips equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week due to future roll-over and deteriorating security situation in the country.
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
CPEC-related PSDP: Rs 30 billion released for 27 projects so far

CPEC-related PSDP: Rs 30 billion released for 27 projects so far

The federal government has released 23.1 percent (Rs30 billion) by February 24 for the projects related to the China-Pakistan Economic Corridor under Public Sector Development Programme (PSDP), against the budgeted allocation of Rs130 billion for 2016-17.
Published 27 Feb, 2017 12:00am
CPEC-related PSDP: Rs 30 billion released for 27 projects so far

CPEC-related PSDP: Rs 30 billion released for 27 projects so far

The federal government has released 23.1 percent (Rs30 billion) by February 24 for the projects related to the China-Pakistan Economic Corridor under Public Sector Development Programme (PSDP), against the budgeted allocation of Rs130 billion for 2016-17.
Published 27 Feb, 2017 12:00am
CPEC-related PSDP: Rs 30 billion released for 27 projects so far

CPEC-related PSDP: Rs 30 billion released for 27 projects so far

The federal government has released 23.1 percent (Rs30 billion) by February 24 for the projects related to the China-Pakistan Economic Corridor under Public Sector Development Programme (PSDP), against the budgeted allocation of Rs130 billion for 2016-17.
Published 27 Feb, 2017 12:00am
ECO officials informed about CPEC potential

ECO officials informed about CPEC potential

"China-Pak Economic Corridor (CPEC) is a major initiative, a mega project, which would benefit the entire region and prove to be game changer."
Published 27 Feb, 2017 12:00am
ECO officials informed about CPEC potential

ECO officials informed about CPEC potential

"China-Pak Economic Corridor (CPEC) is a major initiative, a mega project, which would benefit the entire region and prove to be game changer."
Published 27 Feb, 2017 12:00am
ECO officials informed about CPEC potential

ECO officials informed about CPEC potential

"China-Pak Economic Corridor (CPEC) is a major initiative, a mega project, which would benefit the entire region and prove to be game changer."
Published 27 Feb, 2017 12:00am
Refugees make up bulk of crossings from US to Canada: UNHCR

Refugees make up bulk of crossings from US to Canada: UNHCR

Most of the hundreds of people streaming over the US border into Canada in recent weeks are asylum-seekers, coming from Syria, Yemen, Turkey or Sudan, according to the United Nations' refugee point man in the country.
Published 27 Feb, 2017 12:00am
Nearly 10 anti-migrant attacks a day in Germany

Nearly 10 anti-migrant attacks a day in Germany

Germany saw more than 3,500 attacks against refugees and asylum shelters last year, interior ministry data showed, amounting to nearly 10 acts of anti-migrant violence a day as the country grapples with a record influx of newcomers.
Published 27 Feb, 2017 12:00am
Sri Lanka slams lawyers over 'Snowden refugee' claims

Sri Lanka slams lawyers over 'Snowden refugee' claims

Sri Lankan police Sunday formally denied hunting nationals who sheltered fugitive whistleblower Edward Snowden in Hong Kong and said their claims to the contrary could have been made to bolster asylum applications.
Published 27 Feb, 2017 12:00am
Uri attack: India declares arrested Pakistanis 'innocent'

Uri attack: India declares arrested Pakistanis 'innocent'

Indian intelligence agencies on Sunday declared the Pakistani suspects of Uri attack as 'innocent.' The two boys - Faisal Aiwan and Ahsan Khursheed - were arrested in suspicion of the attack on Indian army base in Uri on September 18, 2016 that killed 19
Published 27 Feb, 2017 12:00am
Taliban leader urges Afghans to plant trees

Taliban leader urges Afghans to plant trees

The Taliban's leader called on Afghans to plant trees as Spring approaches in a rare public statement Sunday that comes amid fears of another bloody fighting season. Haibatullah Akhundzada, who became head of the Taliban after his predecessor was killed i
Published 27 Feb, 2017 12:00am
Iran holds naval war games amid rising tensions with US

Iran holds naval war games amid rising tensions with US

Iran launched naval drills at the mouth of the Gulf and the Indian Ocean on Sunday, a naval commander said, as tensions with the United States escalated after US President Donald Trump put Tehran "on notice".
Published 27 Feb, 2017 12:00am
ZTE launches world's first 5G-ready smartphone

ZTE launches world's first 5G-ready smartphone

Chinese telecoms giant ZTE unveiled Sunday what it said is the world's first smartphone compatible with the lightening-fast 5G mobile internet service that networks expect to have up and running by 2020. The company said the Gigabit Phone is the first sma
Published 27 Feb, 2017 12:00am
Thousands march in Moscow two years after Putin foe killed

Thousands march in Moscow two years after Putin foe killed

Thousands of Russians marched through central Moscow on Sunday in memory of slain opposition leader Boris Nemtsov, two years after he was shot dead near the Kremlin. The assassination of the former deputy prime minister on February 27, 2015 was the highes
Published 27 Feb, 2017 12:00am
CM reviews progress on 100-bed Manawan hospital

CM reviews progress on 100-bed Manawan hospital

Punjab Chief Minister Shahbaz Sharif presided over a high level meeting, here Sunday. During the meeting, progress on 100-bed hospital project as well as improvement of public health facilities was reviewed. Addressing the meeting, the Chief Minister said
Published 27 Feb, 2017 12:00am
UK, FCCI to arrange pictorial exhibition on Pak-UK relations

UK, FCCI to arrange pictorial exhibition on Pak-UK relations

United Kingdom will arrange a pictorial exhibition on time-tested relations of Pakistan and UK in collaboration with Faisalabad Chamber of Commerce and Industry (FCCI), said Martin Robinson, second Political Secretary of the British High Commission in Isl
Published 27 Feb, 2017 12:00am
Dar for effective utilisation of foreign funds

Dar for effective utilisation of foreign funds

Finance Minister, Ishaq Dar has said that effective utilisation of foreign funds was extremely important to ensure achievement of the objective of accelerated economic development. Chairing a meeting to review the progress of foreign funded projects, the
Published 27 Feb, 2017 12:00am
Civil awards to taxpayers: FCCI lauds government's decision

Civil awards to taxpayers: FCCI lauds government's decision

Engineer Saeed Sheikh President of Faisalabad Chamber of Commerce and Industry (FCCI) has welcomed the government's initiative for giving civil awards to the firms depositing maximum taxes towards the national kitty. In a statement issued here on Sunday,
Published 27 Feb, 2017 12:00am
Indian soldier commits suicide in IHK

Indian soldier commits suicide in IHK

An Indian soldier committed suicide by shooting himself with his service gun at his camp in Mankote area Mendhar tehsil in Poonch district on Sunday. A Border Security Force (BSF) man of 200 Battalion committed suicide with his service gun at BSF Sonawali
Published 27 Feb, 2017 12:00am
Zubair for new development programme for minorities

Zubair for new development programme for minorities

The government is chalking out a new development programme for the minorities, said the Governor of Sindh, Muhammad Zubair on Sunday. Talking to a delegation of the Minorities Wing of the Pakistan Muslim League-Nawaz (PML-N), Sindh, which led by its presi
Published 27 Feb, 2017 12:00am
Two killed, 12 hurt in road mishaps

Two killed, 12 hurt in road mishaps

Two people were killed and 12 others injured in separate road accidents in the city on Sunday. According to rescue sources, a 22 year old Murtaza was killed and Osama, 18 was injured when they were pillion riding a bike and unknown vehicle hit it on Mauri
Published 27 Feb, 2017 12:00am
JI slams KE, Nadra for tormenting Karachiites

JI slams KE, Nadra for tormenting Karachiites

Chief of Jamaat-e-Islami (JI) Karachi, Hafiz Naeem-ur-Rehman has warned of agitation of public if the K-Electric and National Database and Registration Authority (NADRA) failed to resolve longstanding issues of people. He was addressing to a local 'Jirga'
Published 27 Feb, 2017 12:00am
Stakeholders' moot on March 1 to review auto policy

Stakeholders' moot on March 1 to review auto policy

Board of Investment (BoI) has convened stakeholders' meeting on March 1, 2017 to review Auto Policy 2016-21, announced last year in March aimed at attracting foreign investment in the auto sector.
Published 27 Feb, 2017 12:00am
FTO asks FBR to comply with appellate authorities' orders

FTO asks FBR to comply with appellate authorities' orders

Federal Tax Ombudsman (FTO) Abdur Rauf Chaudhry has ordered Federal Board of Revenue (FBR) to direct all field formations to comply swiftly with the orders passed by the appellate authorities. He also directed Chief Commissioner Islamabad to take suitable
Published 27 Feb, 2017 12:00am
Revival of Hawksbay Scheme-42 to help lift city economy

Revival of Hawksbay Scheme-42 to help lift city economy

Revival of the dormant mega housing of Hawksbay Scheme-42 would lift the city economy and boost construction activities, besides helping in mitigating shortage of housing facilities in Karachi. The city needs hundreds of thousands of new housing units to
Published 27 Feb, 2017 12:00am
Nurses return from Turkey after two-month training

Nurses return from Turkey after two-month training

A 20 member group of nurses have returned from Turkey after completing 2 months nursing training course. The group was received at Lahore Airport by Director General Nursing Kousar Perveen, Deputy Chief Nursing Superintendent LGH. Farhat Mahboob and other
Published 27 Feb, 2017 12:00am
CM, Corps Commander Lahore discuss security situation

CM, Corps Commander Lahore discuss security situation

Corps Commander Lahore, Lieutenant General Sadiq Ali called on Chief Minister Punjab Muhammad Shahbaz Sharif in Lahore on Sunday. During the meeting, matters pertaining to security situation and operation Radd-ul-Fasaad come under discussion.
Published 27 Feb, 2017 12:00am
JI leaders greet new LHCBA president

JI leaders greet new LHCBA president

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has greeted the newly elected President of the Lahore High Court Bar Association, Chaudhry Zulfiqar Ali, on winning the election with a big majority. He was talking to the new office bearers of the L
Published 27 Feb, 2017 12:00am
Former MQM MPA M A Jalil passes away

Former MQM MPA M A Jalil passes away

Muttahida Qaumi Movement Pakistan (MQM-P) Senator Nasreen Jalil's spouse and former provincial education minister M A Jalil passed away here on Sunday. His Namaz-i-Janaza was offered after Asr prayers at Sultan Masjid, DHA here. M A Jalil was the husband
Published 27 Feb, 2017 12:00am
Three suspected terrorists of MQM held

Three suspected terrorists of MQM held

Counter-Terrorism Department (CTD) on Sunday arrested three suspected terrorists belonging to Muttahida Qaumi Movement (MQM). During a press conference in Garden headquarter Karachi, Senior Superintendent of Police (SSP) Umer Shahid said that three suspec
Published 27 Feb, 2017 12:00am
Government to ensure faster development: Zubair

Government to ensure faster development: Zubair

Governor Sindh Muhammad Zubair on Sunday said that faster development and prosperity in the province will be ensured in accordance with the vision of Prime Minister Nawaz Sharif. Talking to Senator Nihal Hashmi in Karachi, he said various mega development
Published 27 Feb, 2017 12:00am
Basant song competition held at Lok Virsa

Basant song competition held at Lok Virsa

National Institute of Folk and Traditional Heritage (Lok Virsa) on Sunday organised a big Basant song competition at premises of Lok Virsa to celebrate spring season. The event was attended by folk singers and new talent from across the country.
Published 27 Feb, 2017 12:00am
Australia-Indonesia restore full military ties

Australia-Indonesia restore full military ties

Australia and Indonesia announced the full restoration of military ties Sunday as the countries' leaders held talks following a brief spat over teaching material deemed offensive to Jakarta. Indonesia had reported the suspension of all military co-operati
Published 27 Feb, 2017 12:00am
Morocco says to withdraw from Western Sahara tension zone

Morocco says to withdraw from Western Sahara tension zone

Morocco said Sunday it will pull back from a zone of the contested Western Sahara that has raised tensions with Algeria-backed Polisario Front separatists. "The Kingdom of Morocco will proceed from today with a unilateral withdrawal from the (Guerguerat)
Published 27 Feb, 2017 12:00am
Rouhani to run for second term, says vice-president

Rouhani to run for second term, says vice-president

Iran's President Hassan Rouhani has decided to run for re-election in May, the vice-president for parliamentary affairs said on Sunday, according to state news agency IRNA. "In recent weeks, Mr Rouhani has reached a conclusion to take part in the presiden
Published 27 Feb, 2017 12:00am
Woman journalist says being targeted by Sudan Islamic Hardliners

Woman journalist says being targeted by Sudan Islamic Hardliners

A Sudanese female journalist and critic of government policies said Sunday that she is under fire from hardliners who have accused her of "insulting Islam" in one of her columns. Shamael al-Nur said she has become a target of a radical Islamist and a sect
Published 27 Feb, 2017 12:00am
Suu Kyi breaks silence on killing of top lawyer

Suu Kyi breaks silence on killing of top lawyer

Myanmar's de facto leader Aung San Suu Kyi has broken a month long silence on the daylight assassination of her advisor, calling his killing a "great loss" for the country's democracy struggle.
Published 27 Feb, 2017 12:00am
Rare Japanese woodblock prints on display in Poland

Rare Japanese woodblock prints on display in Poland

Polish-French art enthusiast Jerzy Leskowicz is obsessed with first-edition Japanese woodblock prints, and Katsushika Hokusai's iconic 19th-century "The Great Wave Off Kanagawa" is only one of many in his collection.
Published 27 Feb, 2017 12:00am
Islamic State planning attacks in Britain: anti-terrorism lawyer

Islamic State planning attacks in Britain: anti-terrorism lawyer

Islamic State militants are planning "indiscriminate attacks on innocent civilians" in Britain on a scale similar to those staged by the Irish Republican Army 40 years ago, the head of the country's new terrorism watchdog said.
Published 27 Feb, 2017 12:00am
Egypt annoyed as Britain continues suspension of flights

Egypt annoyed as Britain continues suspension of flights

Egypt expressed frustration on Saturday at Britain's refusal to lift a suspension of flights from the United Kingdom to the Red Sea resort of Sharm al-Sheikh, imposed after Islamic State brought down a Russian airliner in 2015.
Published 27 Feb, 2017 12:00am
Thirteen escape in latest Philippine jailbreak

Thirteen escape in latest Philippine jailbreak

Thirteen detainees facing drug charges escaped from jail on Sunday, the latest in a series of prison breaks in the Philippines, authorities said. The 13 slipped out of the jail in a police camp in San Fernando city north of Manila before dawn, said Derric
Published 27 Feb, 2017 12:00am
Stargazers applaud as moon eclipses sun

Stargazers applaud as moon eclipses sun

Stargazers applauded as they were plunged into darkness Sunday when the moon passed in front of the sun in a spectacular "ring of fire" eclipse. Astronomers and enthusiasts in Argentina were among the first to see the so-called annular eclipse as it cross
Published 27 Feb, 2017 12:00am
Macron would beat Le Pen in French presidential runoff: poll

Macron would beat Le Pen in French presidential runoff: poll

French presidential candidate Emmanuel Macron would beat far-right leader Marine Le Pen in the second round of the French presidential election in May, according to an Odoxa/Dentsu-Consulting poll on Sunday.
Published 27 Feb, 2017 12:00am
UN envoy sets out framework for sputtering Syria talks

UN envoy sets out framework for sputtering Syria talks

Several more rounds of Syrian peace talks will be needed to reach any accord, the UN envoy bidding to kick-start the sputtering process has told the rival sides, setting out three key discussion areas. In a paper given to both sides, and seen by AFP Sunda
Published 27 Feb, 2017 12:00am
Two German archaeologists kidnapped in Nigeria freed

Two German archaeologists kidnapped in Nigeria freed

Two German archaeologists who were kidnapped while working at a dig site in northern Nigeria last week have been released and are doing well, the German foreign ministry said Sunday. "The two archaeologists from the Goethe University in Frankfurt are free
Published 27 Feb, 2017 12:00am
One dead, two injured in Germany car attack

One dead, two injured in Germany car attack

One person was killed and two injured Saturday when a man rammed a car into pedestrians in the southern German city of Heidelberg, said police, adding that it did not appear to be a terror attack. After the crash, the driver, a 35-year-old German man, fle
Published 27 Feb, 2017 12:00am
China money rates climb, liquidity tightness easing

China money rates climb, liquidity tightness easing

China's primary money rates surged to their highest since June 2015 over the week but edged down on Friday, as liquidity tightness eased. The volume-weighted average rate of the benchmark seven-day repo traded in the interbank market, considered a key ind
Published 27 Feb, 2017 12:00am
Janus fund manager says may exit four-year bet against euro
Currency

Janus fund manager says may exit four-year bet against euro

A big bond fund's bet against the euro that has stood since 2013 could be removed later this year if Europe navigates its way through political tests in the likes of France and Germany. Ryan Myerberg, a portfolio manager in Janus Capital's fundamental fix
Published 27 Feb, 2017 12:00am
Janus fund manager says may exit four-year bet against euro
Currency

Janus fund manager says may exit four-year bet against euro

A big bond fund's bet against the euro that has stood since 2013 could be removed later this year if Europe navigates its way through political tests in the likes of France and Germany. Ryan Myerberg, a portfolio manager in Janus Capital's fundamental fix
Published 27 Feb, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 79.35-79.35 (previous 79.30-79.35.
Published 27 Feb, 2017 12:00am
Fatter company profits may extend emerging equity rally
Currency

Fatter company profits may extend emerging equity rally

Emerging market equities have a spring in their step as an upswing in company profits extends a year-long 40 percent rally in the sector and allows investors to look past the threat of a global trade war. MSCI's emerging equity index - the benchmark for f
Published 27 Feb, 2017 12:00am
New Saudi stock market opens with gains of 20pc

New Saudi stock market opens with gains of 20pc

Saudi Arabia on Sunday launched a parallel equity market designed to boost small and medium enterprises that closed up 20 percent, the maximum allowed in a single day, brokers said. The index on the parallel market, Nomu, listing seven companies, closed a
Published 27 Feb, 2017 12:00am
Some hedge funds call time on stock market rally

Some hedge funds call time on stock market rally

Stock market optimism about US President Donald Trump's economic agenda is overdone and political risk in Europe isn't priced in, according to some hedge funds who are betting that the rally in equities is coming to an end.
Published 27 Feb, 2017 12:00am
Some hedge funds call time on stock market rally

Some hedge funds call time on stock market rally

Stock market optimism about US President Donald Trump's economic agenda is overdone and political risk in Europe isn't priced in, according to some hedge funds who are betting that the rally in equities is coming to an end.
Published 27 Feb, 2017 12:00am
China regulator raps stock market 'crocodiles'

China regulator raps stock market 'crocodiles'

China's stock market regulator on Sunday denounced the "crocodiles" that prey on small investors, at a time when Beijing is trying to reassure retail investors following the crash of summer 2015. "In the capital market, being a financial tycoon is only a
Published 27 Feb, 2017 12:00am
Tunisia to accelerate reforms as IMF freezes loan: minister

Tunisia to accelerate reforms as IMF freezes loan: minister

Tunisia is likely to sell stakes in three state-owned banks this year and cut up to 10,000 public sector jobs as part of reforms demanded by the International Monetary Fund (IMF), which has postponed the payment of the second tranche of a loan, the financ
Published 27 Feb, 2017 12:00am
German drugmaker Stada opens books to rival bidders

German drugmaker Stada opens books to rival bidders

German generic drugmaker Stada Arzneimittel is opening its books to potential acquirers after coming under pressure from its largest shareholder to consider various take-over approaches.
Published 27 Feb, 2017 12:00am
Oil giant taps China's vast geothermal reserves

Oil giant taps China's vast geothermal reserves

Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for local homes.
Published 27 Feb, 2017 12:00am
Google's digital assistant comes to new Android phones

Google's digital assistant comes to new Android phones

Alphabet Inc's Google announced on Sunday that it will bring its digital assistant to smartphones running the latest versions of its Android operating system, vastly expanding its reach.
Published 27 Feb, 2017 12:00am
No debt relief for Greece: Germany's minister

No debt relief for Greece: Germany's minister

Greece must not be granted a "bail in" that would involve creditors taking a loss on their loans, Germany's deputy finance minister said in an interview broadcast on Sunday, reiterating the German government's opposition to debt relief for Athens.
Published 27 Feb, 2017 12:00am
Bangladesh opens first solar-powered food warehouse

Bangladesh opens first solar-powered food warehouse

Bangladeshi Prime Minister Sheikh Hasina inaugurated on Sunday the country's first solar-powered food warehouse with a capacity of 25,000 tonnes of grain in the northern part of the country. The modernised, multi-storey warehouse was built with financial
Published 27 Feb, 2017 12:00am
France's farm expo: a high-stakes photo op as election looms

France's farm expo: a high-stakes photo op as election looms

With France's election just two months away, glad-handing at the annual farm show is not just a photo op for presidential hopefuls, it's a must. And this year the candidates had better come bearing concrete plans, not just smiles, union leaders and exhibi
Published 27 Feb, 2017 12:00am
Nokia sees growth opportunities in networks market

Nokia sees growth opportunities in networks market

Nokia sees demand for higher speed 4G network equipment starting to recover this year, led by Japan, the company's chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators.
Published 27 Feb, 2017 12:00am
Eurozone economy: real recovery or another Sirens' song?

Eurozone economy: real recovery or another Sirens' song?

Over the years, eurozone economic growth has been a bit like the Sirens in Homer's Odyssey: singing a song of promise, only to end up pulling you onto the rocks. Will it be different this time? The strong growth registered in numerous data releases and su
Published 27 Feb, 2017 12:00am
Smith warns players India will 'come back hard'

Smith warns players India will 'come back hard'

Australia skipper Steve Smith has warned his players against complacency and expects India to come back hard after the hosts' crushing first Test defeat in Pune. The tourists on Saturday demolished India by 333 runs inside three days to take a 1-0 lead in
Published 27 Feb, 2017 12:00am
Murray says fully fit for Dubai ATP

Murray says fully fit for Dubai ATP

Andy Murray leads a trio of Grand Slam champions into the Dubai Tennis Championships, their first matches since the Australian Open, with the Scot now fully fit after a bout of shingles.
Published 27 Feb, 2017 12:00am
Raonic downs del Potro to book title clash with Sock

Raonic downs del Potro to book title clash with Sock

Top-seeded Canadian Milos Raonic held off Juan Martin del Potro 6-3, 7-6 (8/6) on Saturday to book a title clash with Jack Sock at the ATP Delray Beach Open. Despite some shaky moments, Raonic fought off a set point in the second-set tiebreaker and closed
Published 27 Feb, 2017 12:00am
Kenyan Kipsang wins Tokyo Marathon

Kenyan Kipsang wins Tokyo Marathon

Kenya's Wilson Kipsang stormed to victory in the Tokyo Marathon on Sunday in the fastest race ever run in Japan. The former world record holder clocked 2hr 3min 58sec over a flatter course than in previous years as he added the Tokyo title to victories in
Published 27 Feb, 2017 12:00am
Bayern destroy Hamburg 8-0 with Lewandowski hat-trick

Bayern destroy Hamburg 8-0 with Lewandowski hat-trick

Bayern Munich forward Robert Lewandowski scored a hat-trick as the Bundesliga leaders mercilessly obliterated Hamburg SV 8-0 on Saturday as coach Carlo Ancelotti celebrated his 1,000th game as manager. The win kept Bayern five points clear at the top as t
Published 27 Feb, 2017 12:00am
Pacquiao to fight Khan in April

Pacquiao to fight Khan in April

Philippine boxing hero Manny Pacquiao and British fighter Amir Khan confirmed separately on Sunday that they would face each other on April 23 after weeks of conflicting reports.
Published 27 Feb, 2017 12:00am
Bangladesh's Rahim relishes chances against Sri Lanka

Bangladesh's Rahim relishes chances against Sri Lanka

Bangladesh Test captain Mushfiqur Rahim believes his team has "a good chance" of an upset victory against Sri Lanka given the island nation's current dearth of heavyweight players. A 16-member squad will leave Monday to play two Tests against the Sri Lank
Published 27 Feb, 2017 12:00am
Tottenham overwhelm Stoke with another Kane hat-trick

Tottenham overwhelm Stoke with another Kane hat-trick

England striker Harry Kane scored a clinical first-half hat-trick in 23 minutes as Tottenham Hotspur rebounded from their midweek European disappointment to overwhelm Stoke City 4-0 on Sunday. Tottenham's victory put them above Manchester City into second
Published 27 Feb, 2017 12:00am
'I'm a clean athlete' insists Mo Farah

'I'm a clean athlete' insists Mo Farah

Britain's four-time Olympic champion Mo Farah on Sunday insisted he was "a clean athlete" after a leaked United States Anti-Doping Agency report suggested that his coach had "almost certainly" broken anti-doping rules. "I am a clean athlete who has never
Published 27 Feb, 2017 12:00am
Kohat clinch KP U-23 Female Games trophy

Kohat clinch KP U-23 Female Games trophy

District Kohat clinched the overall trophy after securing 114 points in the ongoing Khyber Pakhtunkhwa Under-23 Female Games which concluded at picturesque Kohat Sports Complex on Sunday. Kohat bagged 10 gold medals and two silver medals by taking first p
Published 27 Feb, 2017 12:00am
Scope of joint operations in Punjab to be expanded

Scope of joint operations in Punjab to be expanded

Chief Minister Punjab Shehbaz Sharif here Sunday chaired a Provincial Apex Committee meeting in which National Security Adviser Lt Gen Nasser Khan Janjua (retd), Lahore Corps Commander Lt-General Sadiq Ali, Provincial Minister for Counter Terrorism Colone
Published 27 Feb, 2017 12:00am
Airbus seeks new talks with EU over A400M costs

Airbus seeks new talks with EU over A400M costs

Airbus called for new talks with European governments to ease "heavy penalties" for delays to its A400M military aircraft on Wednesday, after taking a fresh 1.2-billion-euro ($1.3 billion) charge in the latest blow to Europe's largest defence project.
Published 27 Feb, 2017 12:00am
Scope of joint operations in Punjab to be expanded

Scope of joint operations in Punjab to be expanded

Chief Minister Punjab Shehbaz Sharif here Sunday chaired a Provincial Apex Committee meeting in which National Security Adviser Lt Gen Nasser Khan Janjua (retd), Lahore Corps Commander Lt-General Sadiq Ali, Provincial Minister for Counter Terrorism Colone
Published 27 Feb, 2017 12:00am
Bharti Airtel to buy Telenor's India unit

Bharti Airtel to buy Telenor's India unit

Bharti Airtel, India's top telecoms network operator, is buying Norwegian Telenor's India unit, in yet another consolidation move in the country's telecoms sector driven by upstart rival Jio's disruptive pricing. Bharti Airtel said on Thursday it will buy
Published 27 Feb, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Steadier trend was seen on the money market as the rupee sustained it's current levels against the dollar during the week, ended on February 25, 2017.
Published 27 Feb, 2017 12:00am
AirAsia X posts record annual profit despite forex hit
Currency

AirAsia X posts record annual profit despite forex hit

AirAsia X Bhd reported a record profit in 2016 as more people took to the skies, but results fell short of analysts' estimates as volatile foreign exchange markets dragged earnings down by a whopping 80 percent in the fourth quarter. The airline expects i
Published 27 Feb, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Steadier trend was seen on the money market as the rupee sustained it's current levels against the dollar during the week, ended on February 25, 2017.
Published 27 Feb, 2017 12:00am
Top banks' commodities revenue drops seven percent in 2016

Top banks' commodities revenue drops seven percent in 2016

Commodities-related revenue at the 12 biggest investment banks fell by 7 percent last year, mainly due to weakness in the oil sector, a report by financial industry analytics firm Coalition said on Thursday. Revenue from commodity trading, selling derivat
Published 27 Feb, 2017 12:00am
ECC approves winding up of Pakistan Textile City

ECC approves winding up of Pakistan Textile City

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the company's liabilities and transfer of its land to the Port Qasim Authority (PQA).
Published 27 Feb, 2017 12:00am
Aramco in lead to buy OMV's Turkish unit Petrol Ofisi

Aramco in lead to buy OMV's Turkish unit Petrol Ofisi

Oil giant Saudi Aramco is believed to be the front-runner to buy Turkish fuel stations business Petrol Ofisi from Austrian oil group OMV, sources familiar with the matter said. Saudi Aramco has placed a bid and is awaiting the result, said one source who
Published 27 Feb, 2017 12:00am
ECC approves winding up of Pakistan Textile City

ECC approves winding up of Pakistan Textile City

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the company's liabilities and transfer of its land to the Port Qasim Authority (PQA).
Published 27 Feb, 2017 12:00am
Maybank fourth quarter profit rises 43 percent, beats estimates

Maybank fourth quarter profit rises 43 percent, beats estimates

Malayan Banking Bhd (Maybank), Malaysia's largest lender by assets, reported a 43 percent rise in fourth-quarter profit on Thursday, beating analyst estimates, and forecast stronger loan growth in its core markets of Malaysia and Indonesia.
Published 27 Feb, 2017 12:00am
ECC approves winding up of Pakistan Textile City

ECC approves winding up of Pakistan Textile City

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has approved winding up of Pakistan Textile City Limited (PTCL) after clearance of the company''s liabilities and transfer of its land to the Port Qasim Authority (PQA).
Published 27 Feb, 2017 12:00am
Amazon to open its fifth logistics centre in Poland

Amazon to open its fifth logistics centre in Poland

US online retailer Amazon.com Inc will open its fifth logistics centre in Poland this year, it said on Monday, seeking to benefit from the country's relatively low wages and proximity to the large German market.
Published 27 Feb, 2017 12:00am
Volatility grips equities

Volatility grips equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week due to future roll-over and deteriorating security situation in the country.
Published 27 Feb, 2017 12:00am
US braces for long battle over genetic patent rights

US braces for long battle over genetic patent rights

The first skirmish was fought last week in what could be a long war over a revolutionary patent on gene-editing technology, with colossal amounts of money at stake. Facing off are the top international experts in the fast-growing field of gene-editing - p
Published 27 Feb, 2017 12:00am
Volatility grips equities

Volatility grips equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week due to future roll-over and deteriorating security situation in the country.
Published 27 Feb, 2017 12:00am
Phone firms turn to artificial intelligence at top mobile fair

Phone firms turn to artificial intelligence at top mobile fair

Phone makers will seek to seduce new buyers with artificial intelligence functions and other innovations at the world's biggest mobile fair starting Monday in Spain. Along with launches of new smartphones from major players like Huawei and LG, two former
Published 27 Feb, 2017 12:00am
Volatility grips equities

Volatility grips equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week due to future roll-over and deteriorating security situation in the country.
Published 27 Feb, 2017 12:00am
China's TCL brings back physical keyboard in new BlackBerry

China's TCL brings back physical keyboard in new BlackBerry

Chinese electronics company TCL unveiled Saturday its first BlackBerry-licensed smartphone which brings back the device's signature physical keyboard as it seeks to revive the once mighty brand. The KEYone phone has a larger screen than previous BlackBerr
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
Volkswagen looks to east Germany in switch to electric cars

Volkswagen looks to east Germany in switch to electric cars

Volkswagen wants to build more electric cars in eastern Germany and backs a Tesla-style expansion of charging stations in the city of Dresden, evidence of efforts to reshape its business after a diesel emissions scandal.
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
Google rolls out AI tool to combat online trolls

Google rolls out AI tool to combat online trolls

Google said it will begin offering media groups an artificial intelligence tool designed to stamp out incendiary comments on their websites. The programming tool, called Perspective, aims to assist editors trying to moderate discussions by filtering out a
Published 27 Feb, 2017 12:00am
Futures spread up by 150 basis points

Futures spread up by 150 basis points

The futures spread increased by 150bps to 11.69 percent during outgoing week ended February 24, 2017. Trading activities on the futures counter improved significantly as average daily trading volumes increased by 157.8 percent to 129.18 million shares.
Published 27 Feb, 2017 12:00am
Canada conservationist warns of 'cyber poaching'

Canada conservationist warns of 'cyber poaching'

Photographers, poachers and eco-tour operators are in the crosshairs of a Canadian conservationist who warns that tracking tags are being hacked and misused to harass and hunt endangered animals.
Published 27 Feb, 2017 12:00am
CPEC-related PSDP: Rs 30 billion released for 27 projects so far

CPEC-related PSDP: Rs 30 billion released for 27 projects so far

The federal government has released 23.1 percent (Rs30 billion) by February 24 for the projects related to the China-Pakistan Economic Corridor under Public Sector Development Programme (PSDP), against the budgeted allocation of Rs130 billion for 2016-17.
Published 27 Feb, 2017 12:00am
Apple's new 'spaceship' ready for boarding

Apple's new 'spaceship' ready for boarding

Apple on Wednesday announced that workers will start boarding its futuristic new "spaceship" campus in Silicon Valley in April, fulfilling a vision set out by late founder Steve Jobs. The process of moving more than 12,000 people to a new campus that Jobs
Published 27 Feb, 2017 12:00am
CPEC-related PSDP: Rs 30 billion released for 27 projects so far

CPEC-related PSDP: Rs 30 billion released for 27 projects so far

The federal government has released 23.1 percent (Rs30 billion) by February 24 for the projects related to the China-Pakistan Economic Corridor under Public Sector Development Programme (PSDP), against the budgeted allocation of Rs130 billion for 2016-17.
Published 27 Feb, 2017 12:00am
Acupuncture may help reduce migraine attacks: study

Acupuncture may help reduce migraine attacks: study

For people with a certain type of migraine headache, regular acupuncture treatments may help reduce the frequency of these debilitating attacks, a recent study from China suggests. Patients who suffered migraines without aura, and who received five true a
Published 27 Feb, 2017 12:00am
CPEC-related PSDP: Rs 30 billion released for 27 projects so far

CPEC-related PSDP: Rs 30 billion released for 27 projects so far

The federal government has released 23.1 percent (Rs30 billion) by February 24 for the projects related to the China-Pakistan Economic Corridor under Public Sector Development Programme (PSDP), against the budgeted allocation of Rs130 billion for 2016-17.
Published 27 Feb, 2017 12:00am
'Alarming' superbugs a risk to people, animals and food, EU warns

'Alarming' superbugs a risk to people, animals and food, EU warns

Superbug bacteria found in people, animals and food across the European Union pose an "alarming" threat to public and animal health having have evolved to resist widely used antibiotics, disease and safety experts warned on Wednesday.
Published 27 Feb, 2017 12:00am
ECO officials informed about CPEC potential

ECO officials informed about CPEC potential

"China-Pak Economic Corridor (CPEC) is a major initiative, a mega project, which would benefit the entire region and prove to be game changer."
Published 27 Feb, 2017 12:00am
Plan to save Great Barrier Reef set back decades: experts

Plan to save Great Barrier Reef set back decades: experts

Australia's plan to rescue the beleaguered Great Barrier Reef has been set back at least two decades after the fragile ecosystem suffered its worst-ever bleaching last year, experts said on Friday.
Published 27 Feb, 2017 12:00am
ECO officials informed about CPEC potential

ECO officials informed about CPEC potential

"China-Pak Economic Corridor (CPEC) is a major initiative, a mega project, which would benefit the entire region and prove to be game changer."
Published 27 Feb, 2017 12:00am
Tiny ponds help in speeding up global warming

Tiny ponds help in speeding up global warming

Tiny natural ponds pose an overlooked danger for speeding up global warming, according to a study published on Monday in the journal Nature Climate Change. In experiments designed to simulate moderate future warming, scientists in Britain found that such
Published 27 Feb, 2017 12:00am
ECO officials informed about CPEC potential

ECO officials informed about CPEC potential

"China-Pak Economic Corridor (CPEC) is a major initiative, a mega project, which would benefit the entire region and prove to be game changer."
Published 27 Feb, 2017 12:00am
First drug-resistant malaria parasite detected in Africa

First drug-resistant malaria parasite detected in Africa

For the first time in Africa, researchers said on Wednesday they have detected a malaria parasite that is partially resistant to the top anti-malaria drug, artemisinin, raising concern about efforts to fight a disease that sickens hundreds of millions of
Published 27 Feb, 2017 12:00am
Refugees make up bulk of crossings from US to Canada: UNHCR

Refugees make up bulk of crossings from US to Canada: UNHCR

Most of the hundreds of people streaming over the US border into Canada in recent weeks are asylum-seekers, coming from Syria, Yemen, Turkey or Sudan, according to the United Nations' refugee point man in the country.
Published 27 Feb, 2017 12:00am
Over 4 percent world's population lives with depression

Over 4 percent world's population lives with depression

More than four percent of the world's population lives with depression, and women, youth and the elderly are the most prone to its disabling effects, the World Health Organisation (WHO) said on Thursday. An estimated 322 million people suffered depressive
Published 27 Feb, 2017 12:00am
Nearly 10 anti-migrant attacks a day in Germany

Nearly 10 anti-migrant attacks a day in Germany

Germany saw more than 3,500 attacks against refugees and asylum shelters last year, interior ministry data showed, amounting to nearly 10 acts of anti-migrant violence a day as the country grapples with a record influx of newcomers.
Published 27 Feb, 2017 12:00am
KP-OGCL, Hong Kong firm sign MoU

KP-OGCL, Hong Kong firm sign MoU

Khyber Pakhtunkhwa Oil and Gas Company Ltd (KP-OGCL), an independent company owned by the KP government and Heritage Resources Ltd, a company incorporated in Hong Kong signed a Memorandum of Understanding (MoU) on Sunday for oil and gas related projects,
Published 27 Feb, 2017 12:00am
Sri Lanka slams lawyers over 'Snowden refugee' claims

Sri Lanka slams lawyers over 'Snowden refugee' claims

Sri Lankan police Sunday formally denied hunting nationals who sheltered fugitive whistleblower Edward Snowden in Hong Kong and said their claims to the contrary could have been made to bolster asylum applications.
Published 27 Feb, 2017 12:00am
Uri attack: India declares arrested Pakistanis 'innocent'

Uri attack: India declares arrested Pakistanis 'innocent'

Indian intelligence agencies on Sunday declared the Pakistani suspects of Uri attack as 'innocent.' The two boys - Faisal Aiwan and Ahsan Khursheed - were arrested in suspicion of the attack on Indian army base in Uri on September 18, 2016 that killed 19
Published 27 Feb, 2017 12:00am
Census a must to delimit constituencies: PSSP

Census a must to delimit constituencies: PSSP

Chairman Pakistan Social Services Partnership (PSSP) Kanwar Muhammad Javed Iqbal on Sunday said that census 2017 is necessary for fresh delimitation of constituencies.
Published 27 Feb, 2017 12:00am
Taliban leader urges Afghans to plant trees

Taliban leader urges Afghans to plant trees

The Taliban's leader called on Afghans to plant trees as Spring approaches in a rare public statement Sunday that comes amid fears of another bloody fighting season. Haibatullah Akhundzada, who became head of the Taliban after his predecessor was killed i
Published 27 Feb, 2017 12:00am
Five killed in DI Khan incidents

Five killed in DI Khan incidents

At least five persons were killed in separate incidents of firing and road accident in Dera Ismail Khan on Sunday. According to police, unidentified armed persons riding a motorcycle opened fire and killed Saqlan, Ali Raza and Jamil within limits of Prova
Published 27 Feb, 2017 12:00am
Iran holds naval war games amid rising tensions with US

Iran holds naval war games amid rising tensions with US

Iran launched naval drills at the mouth of the Gulf and the Indian Ocean on Sunday, a naval commander said, as tensions with the United States escalated after US President Donald Trump put Tehran "on notice".
Published 27 Feb, 2017 12:00am
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