News Archives for Latest - 2017-03-06

General News

COAS discusses defence cooperation with Qatri defence leaders

RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa, who is on an official visit to Qatar on Monday called on Minister of Defence Affairs, Qatar, Dr Khalid Bin Mohammad Al-Attiyah.

Published 06 Mar, 2017 06:31pm

Pakistan Top News

Govt determined to eradicate terrorism from Pakistan: PM

KUWAIT CITY: Prime Minister Muhammad Nawaz Sharif on Monday reiterated his government's resolve to eradicate the menace of terrorism from Pakistan.

Published 06 Mar, 2017 06:31pm

Front Top News

Census to be held on time: Muhammad Zubair

KARACHI: Governor of Sindh, Muhammad Zubair, has said that the census would be held on time and that any reservations regarding the process would be addressed.

Published 06 Mar, 2017 06:31pm

General News

NCHR setup to monitor human rights violation: NA told

ISLAMABAD: Minister for Human Rights, Kamran Michael, Monday apprised the National Assembly that National Commission for Human Rights (NCHR) had already been set up to monitor over all human rights violation and situation in the country.

Published 06 Mar, 2017 06:30pm

General News

Marriyum Aurangzeb credits and thanks media for their narrative of peace and fortitude

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb said on Monday with successful staging of PSL final in Lahore international cricket has, after a hiatus of many years, returned to Pakistan; the yesterday&

Published 06 Mar, 2017 06:24pm

North America

UN envoy for Western Sahara quits

UNITED NATIONS: The UN envoy for Western Sahara has resigned after leading efforts for eight years to settle the conflict between Morocco and the Polisario Front independence movement, a UN source said Monday.

Published 06 Mar, 2017 06:24pm

General News

CPEC business tower to be built in Islamabad

ISLAMABAD: Government decided on Monday to build `The CPEC Tower' here which would be the tallest building in the city and will serve as a symbol of socioeconomic progress Pakistan is making across all the fronts.

Published 06 Mar, 2017 06:23pm

Pakistan Top News

CPEC holds huge opportunity for regional connectivity: PM

KUWAIT: Prime Minister Muhammad Nawaz Sharif on Monday said that China Pakistan Economic Corridor (CPEC) held huge opportunity for regional connectivity and trade.

Published 06 Mar, 2017 06:22pm

General News

Punjab plans to vaccinate over 8.6mn children

LAHORE: Punjab will hold polio campaign in 14 districts from March 8, Minister for Primary and Secondary Healthcare Khawaja Imran Nazir stated here on Monday.

Published 06 Mar, 2017 06:22pm

General News

SC sacks KWSB MD after report reveals substandard water supply in Karachi, Hyderabad

ISLAMABAD: The Supreme Court on Monday ordered the removal of Karachi Water and Sewage Board Managing Director Misbahuddin during hearing of a case on the government's failure to provide safe drinking water and sanitation facilities to the people of S

Published 06 Mar, 2017 06:21pm

World

IMF loan to Ukraine only refinances debt: banker

KIEV: A top Ukrainian banker said Monday that a new tranche of money from the International Monetary Fund would mainly go straight back to the global lender as debt repayment, rather than helping to fill the country's coffers.

Published 06 Mar, 2017 06:20pm

Middle East

Iraq hails 'important' exemption from Trump travel ban

BAGHDAD: The Iraqi government on Monday hailed the country's exemption from US President Donald Trump's revised travel ban as an "important step" that strengthens relations between Baghdad and Washington.

Published 06 Mar, 2017 06:20pm

Life & Style

Google vows fix for 'inappropriate' search results

WASHINGTON: Google said Monday it was working to fix a search algorithm glitch that produced "inappropriate and misleading" results from its search engine and connected speaker.

Published 06 Mar, 2017 06:18pm

North America

UN team urges probe of South Sudan abuses

GENEVA: UN human rights experts called on Monday for an international investigation into horrific abuses committed in South Sudan, reiterating warnings of "ethnic cleansing" in the war-ravaged country.

Published 06 Mar, 2017 06:17pm

Front Top News

Trump signs revised travel ban, exempts Iraqis

WASHINGTON: US President Donald Trump on Monday signed a revised ban on travelers from six Muslim-majority nations, scaling back the order to exempt Iraqis and permanent US residents.

Published 06 Mar, 2017 06:16pm

North America

Tillerson: Travel ban vital for US national security

WASHINGTON: US Secretary of State Rex Tillerson declared Monday that President Donald Trump's renewed ban on travellers from six Muslim-majority countries is "a vital measure for strengthening our national security.

Published 06 Mar, 2017 06:14pm

North America

President Trump's new travel ban: key points

WASHINGTON: President Donald Trump's administration issued a revised immigration ban Monday that temporarily freezes US visa issuance to anyone from six mostly-Muslim countries and halts for 120 days all refugee arrivals.

Published 06 Mar, 2017 06:11pm

Industry

PSA buys Opel-Vauxhall to create Europe's second-biggest carmaker

PARIS: French carmaker PSA announced Monday the acquisition of General Motors' European subsidiary, which includes the Opel and Vauxhall brands, for 1.

Published 06 Mar, 2017 06:11pm

World Top News

New Trump travel order remains a Muslim ban: top US rights group

WASHINGTON: America's leading civil rights organization on Monday slammed President Donald Trump's revised immigration order as a "Muslim ban" in all but name, and vowed to keep fighting it in court.

Published 06 Mar, 2017 06:10pm

Europe

France's Fillon tells party 'no plan B' at crisis talks

PARIS: France's embattled rightwing candidate Francois Fillon told party colleagues at a crisis meeting on Monday that there was no alternative to him despite a fake jobs scandal engulfing his presidential bid.

Published 06 Mar, 2017 06:09pm

North America

FBI investigating 300 refugees in US on terror-related suspicions: official

WASHINGTON: The Federal Bureau of Investigation is investigating around 300 refugees admitted into the United States for suspected terror-linked activities, US officials said Monday.

Published 06 Mar, 2017 06:09pm

Europe

EU approves Hungary's Kremlin-backed nuclear plant

BRUSSELS: EU authorities on Monday approved a controversial nuclear expansion project in Hungary that is heavily backed by Russia.

Published 06 Mar, 2017 06:07pm

Money & Banking

Deutsche Bank drags European equities lower

LONDON: European stocks sank on Monday after Germany's troubled Deutsche Bank unveiled plans over the weekend to raise 8.

Published 06 Mar, 2017 06:07pm

Middle East

22 Yemeni rebels killed in strikes, clashes: officials

ADEN: At least 22 Shiite Huthi rebels were killed Monday in an air strike by pro-government Arab coalition warplanes as well as clashes in western Yemen, officials said.

Published 06 Mar, 2017 06:06pm

Financial

US stocks fall amid valuation, politics worries

NEW YORK: Wall Street stocks fell early Monday as concerns about high equity valuations and political uncertainty weighed on sentiment.

Published 06 Mar, 2017 03:44pm

Pakistan Top News

Asif for every action to ensure national security

ISLAMABAD: Minister for Defence, Khawaja Muhammad Asif on Monday reiterated Pakistan's resolve to take every step required for national security and its defence and thwart every conspiracy to target "our people in terrorist activities".

Published 06 Mar, 2017 03:43pm

Front Top News

Trade, not Aid' with USA focused: Aizaz Chaudhry

LAHORE: Pakistan Ambassador-designate to United States of America (USA) Aizaz Ahmad Chaudhry said on Monday that Prime Minister Nawaz Sharif has given him the task of 'Trade, not Aid' with the USA and he had taken the responsibility as a mission.

Published 06 Mar, 2017 03:04pm

North America

Trump to sign revised executive order on immigration Monday: aide

WASHINGTON: US President Donald Trump is to sign a revised executive order on immigration Monday, after his first version was blocked by federal courts, senior White House aide Kellyanne Conway said.

Published 06 Mar, 2017 02:23pm

Asia

Afghanistan moves against Turkish schools linked to Fethullah Gulen

%D%AKABUL: Afghanistan has ordered a network of schools run by an organisation regarded with suspicion by the Turkish government to be transferred to a foundation approved by Ankara, Afghan officials said.

Published 06 Mar, 2017 02:22pm

Business & Finance

IBA to hold Career Fair 2017 on Saturday

Pakistanâ€™s leading Business Institute IBA, KarachiÂ has been producing premium graduates for the past sixty years.

Updated 06 Mar, 2017 01:56pm

Sports

Goldberg crowned WWE Universal Champion, beats KO in 21 seconds

WWE universe witnessed yet another feat by Bill Goldberg, one of the most devastating and powerful wrestlers ever to

Updated 06 Mar, 2017 01:55pm

Pakistan Top News

Zardari reveals PPP's recommendations on revival of military courts

%D%AISLAMABAD: Pakistan People's Party (PPP) Co-Chairman and former President of Pakistan, Asif Ali Zardari on Monday unfolded his party's legislative proposals for the revival of military courts in the country.

Published 06 Mar, 2017 01:45pm

Financial

Emerging stocks rise as China GDP, potential Fed move digested

LONDON: Emerging stocks rose half a percent on Monday, rebounding after two lossmaking sessions as investors absorbed the likelihood of slower China growth and a March interest rate rise in the United States.

Published 06 Mar, 2017 01:43pm

Cricket

BCCI ex-chief apologises over court contempt

NEW DELHI: The Indian cricket board's former president Anurag Thakur gave an "unconditional apology" Monday to the Supreme Court which had ordered his dismissal from the game's most powerful body in January.

Published 06 Mar, 2017 01:40pm

Energy

Asia Fuel Oil-Buyers re-emerge to narrow cash discounts, spreads sag

DUBAI: Buyers of physical cargoes re-emerged in the Platts window on Monday helping narrow cash discounts of Asia's 380-cst fuel oil, but a prevalence of bearish sentiment in the paper markets weighed on near-dated time spreads of the fuel.

Published 06 Mar, 2017 01:29pm

Cricket

Pujara Ieads India's revival in 2nd Test

BANGALORE: Australian seamer Josh Hazlewood Monday acknowledged the second Test hung in the balance after India's Cheteshwar Pujara hit an unbeaten half-century to lead the hosts' fightback on day three in Bangalore.

Published 06 Mar, 2017 01:28pm

Energy

Oil slips on concerns over Chinese demand, Russian output

LONDON: Oil prices slipped on Monday, wiping out some of the previous session's gains, as lower growth targets in China and concerns over Russia's compliance with a global deal to cut oil output sparked renewed worries over a crude oil supply glut

Published 06 Mar, 2017 01:21pm

Commodities

Palm up for fifth day tracking stronger soyoil, weaker output forecasts

KUALA LUMPUR: Malaysian palm oil futures climbed to their highest levels in two weeks on Monday, charting a fifth straight day of gains on stronger soyoil and forecasts of weaker output.

Published 06 Mar, 2017 01:20pm

Money & Banking

Deutsche Bank gives itself a chance of revival

LONDON: Deutsche Bank's new strategy relies on investment banking to come good.

Published 06 Mar, 2017 01:17pm

Financial

Romania sells planned 600mn lei of new March 2022 treasury bonds

BUCHAREST: Romania sold a planned 600 million lei ($140.

Published 06 Mar, 2017 01:15pm

Money & Banking

Abu Dhabi Islamic Bank considering dollar sukuk issue

DUBAI: Abu Dhabi Islamic Bank (ADIB) , the largest sharia-compliant lender in Abu Dhabi, is considering whether to make a US dollar-denominated sukuk issue over the next few months, banking sources said on Monday.

Published 06 Mar, 2017 01:13pm

Europe

Britain's May told GM CEO she wants to see Vauxhall jobs protected

LONDON: Prime Minister Theresa May told the chief executive of General Motors, Mary Barra, that she wanted to see jobs at two Vauxhall car plants in Britain secured for the long term during a phone call on Sunday, May's office said in a statement.

Published 06 Mar, 2017 01:11pm

Financial

Yields rise on Egypt's three and seven year bonds

CAIRO: Average yields on Egypt's 3-year and 7-year Treasury bonds rose at an auction on Monday, data from the central bank showed.

Published 06 Mar, 2017 01:10pm

Managed Funds

Turkish Treasury sells 5-year bond at yield of 11.49pc in auction

ISTANBUL: The Turkish Treasury sold a net 1,928.

Published 06 Mar, 2017 01:09pm

Featured Photos

Cuba On The Edge Of Change by Tomas Munita

Photo Credit: Tomas Munita%D%ATomas Munita (Chile, 1975) is an independent documentary photographer with a main interest in social and environmental issues.

Published 06 Mar, 2017 01:08pm

Money & Banking

Czech central bank's foreign assets grow by EUR 3.7bn in Feb 21-28

PRAGUE: The Czech central bank's receivables from abroad grew by 99.

Published 06 Mar, 2017 01:06pm

Financial

Geopolitics, Deutsche Bank drag stocks lower

LONDON: European stocks and US futures fell on Monday, as political tensions, a Deutsche Bank cash call and US President Donald Trump's accusation that his predecessor Barack Obama wiretapped him overshadowed a flurry of M&A activity in Europe.

Published 06 Mar, 2017 01:03pm

Europe

Greek PM glosses over delays and weak data, says economy is recovering

ATHENS: Greek Prime Minister Alexis Tsipras said on Monday that the economy was turning a page and poised to show 'exceptionally high' rates of growth, despite data showing output slumped more than expected in the fourth quarter of last year.

Published 06 Mar, 2017 12:55pm

Featured Photos

China's Wild West Matthieu Paley

Photo Credit: Matthieu Paley%D%AMatthieu Paley is a National Geographic photographer living between the remote and a small village on the Aegean coast in Turkey.

Published 06 Mar, 2017 12:51pm

Europe

Sarkozy camp asks France's Fillon to replace himself as candidate

PARIS: Allies of conservative former French president Nicolas Sarkozy are asking beleaguered presidential candidate Francois Fillon to find a replacement candidate, according to a Sarkozy ally present at a meeting on the issue on Monday.

Published 06 Mar, 2017 12:51pm

Industry

GM shifts from bigger is better to less global, more profitable

DETROIT: General Motors Co's decision to sell its European operations doubles down on a bet that the company can win by being less global, but more profitable, in an auto industry increasingly driven by software.

Published 06 Mar, 2017 12:50pm

Financial

Sri Lankan rupee ends slightly weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker in thin trade on Monday, as importer dollar demand surpassed greenback remittances, dealers said.

Published 06 Mar, 2017 12:47pm

World

South Africa's MTN has limited scope to jack up debt levels: Moody's

JOHANNESBURG: South African mobile phone operator MTN Group has limited room to increase its debt levels, rating agency Moody's said on Monday, citing lack of dividend flow from Nigeria - its biggest market.

Published 06 Mar, 2017 12:46pm

Featured Photos

Standing Rock by Amber Bracken

Photo Credit: Amber Bracken%Dmber Bracken is a member of Rogue Collective and lifelong Albertan covering assignments across the province and farther from home.

Published 06 Mar, 2017 12:21pm

Featured Photos

We Are Not Taking Any Prisoners by Alessio Romenzi

Photo Credit: Alessio Romenzi%Dlessio is currently based in the Middle East.

Published 06 Mar, 2017 11:59am

Pakistan Top News

Pakistan to build additional check posts along Afghan, Iran borders

ISLAMABAD: Additional check posts would be established at coastal highway, RCD road and different places along Iran and Afghanistan borders.

Updated 06 Mar, 2017 11:43am

Technology

Scientists to create artificial magnetosphere for Mars

The red planet owes its barren nature mostly to the loss of its magnetic field some 4.2 billion years ago, without that protection solar winds gradually took away what remained of its atmosphere. However, it is not too late according to some scientists.%D

Published 06 Mar, 2017 11:31am

Life & Style

'Hybrid rickshaws' to hit Pakistani roads soon

ISLAMABAD: Pakistani company Green Wheels Private Limited has introduced a hybrid rickshaw in an auto parts show organized at Karachi's Expo center.

Published 06 Mar, 2017 11:27am

Front Top News

Tribunal formed to investigate PSL fixing scandal

%D%ALAHORE: Pakistan on Monday formed a three-member tribunal headed by a retired judge to investigate a spot-fixing case allegedly involving two players in a recent Twenty20 league match.

Updated 06 Mar, 2017 10:59am

Business & Economy

ECO summit to enhance multilateral trade, economic integration: FPCCI

ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has said the recently held Economic Cooperation Organization (ECO) 13th summit would help to enhance the multilateral trade and economic integration between member countries.

Published 06 Mar, 2017 10:23am

General News

Pervez Khattak announces Rs20mn for PSL Champions

PESHAWAR: Chief Minister Khyber Pakhtwankhwa, Pervez Khattak has announced Rs20 million cash prize for the winner of Pakistan Super League (PSL), Peshawar Zalmi which beat Quetta Gladiators by 58 runs last night.

Updated 06 Mar, 2017 09:49am

Featured Photos

Iraq's Battle To Reclaim Its Cities by Sergey Igorevich

Photo Credit: Sergey Igorevich%D%ASergey Ponomarev was born in Moscow and graduated from Moscow State University and from Academy of Labour and Social Relations.

Published 06 Mar, 2017 09:43am

Life & Style

Pakistan tops global list as 89pc citizens ready to fight for it

ISLAMABAD: According to a global survey from WIN/Gallup International, Pakistan ranks first in the list of countries where people are willing to fight for their country.

Published 06 Mar, 2017 09:26am

Money & Banking

Deutsche Bank shares plunge 6.0pc on news of capital increase

FRANKFURT AM MAIN: Shares in Germany's biggest lender Deutsche Bank fell as much as 6.

Published 06 Mar, 2017 09:22am

Featured Photos

They Are Slaughtering Us Like Animals by Daniel Berehulak

Photo Credit: Daniel Berehulak%Daniel Berehulak (born 1975) is an Australian photographer and photojournalist based in New Delhi.

Published 06 Mar, 2017 09:18am

Featured Photos

Victims Of The Zika Virus by Lalo De Almeida

Photo Credit: Lalo de Ameida%D%AThe image was taken by Lalo De Ameida for the world press 2017 awards depicting victims of the Zika Virus and the individuals and family affected by the deadly ailment.

Published 06 Mar, 2017 09:03am

Technology

University in Lahore gets equipment for treatment of animals

Prof. Dr Talat Naseer Pasha, Vice Chancellor of the University of Veterinary and Animal Science (UVAS) just installed an ECG electro cardiogram facility presented by the Department of Physiology at Pet Center of city campus Lahore.%D%A%D%A

Published 06 Mar, 2017 08:59am

Cricket

Misbah to lead Pakistan in West Indies tour

LAHORE: Pakistan's ageing Test captain Misbah-ul-Haq on Monday made himself available for next month's series in the West Indies, ignoring entreaties from ex-players to call time on his illustrious career following a slew of poor results.

Published 06 Mar, 2017 08:49am

Pakistan Top News

Five troops martyred, 10 militants dead in border raids: ISPR

ISLAMABAD: Five soldiers martyred and 10 militants were killed in a coordinated overnight raid at several border posts on the frontier with Afghanistan, the ISPR said on Monday.

Published 06 Mar, 2017 08:32am

Industry

PSA buys Opel-Vauxhall for 1.3bn euros

PARIS: French carmaker PSA on Monday announced the acquisition of General Motors' European subsidiary, which includes the Opel and Vauxhall brands, for 1.

Published 06 Mar, 2017 08:02am

Industries & Sectors

Rs131mn being used for Badin coal reserves' appraisal

ISLAMABAD: The government is spending Rs131.

Published 06 Mar, 2017 08:01am

Cricket

Rishi Kapoor misses, Mayor of London applauds; here's how the world react to PSL finale

The Pakistan Super League (PSL) turned out to be a spectacle every cricket lovers wish for, with high octane matches and drama in between, the tournament proved that Pakistan is more than capable to organize such leagues.

Published 06 Mar, 2017 07:58am

Pakistan Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Monday, until mid day, KSE-100 Index was at 49738.

Published 06 Mar, 2017 07:22am

Business & Economy

Canada can benefit from Pakistan's economic boom

OTTAWA (Canada): Pakistan's High Commissioner to Canada Tariq Azim Khan has invited Canadian companies to benefit from the investment opportunities in Pakistan due to economic boom and demographic dividend.

Published 06 Mar, 2017 07:10am

Pakistan Top News

Soldiers' sacrifices are country's real lifeline: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Monday said the sacrifices rendered by the country's brave soldiers while defending the motherland were the "real lifeline of nation".

Published 06 Mar, 2017 07:01am

Financial

Superlong JGBs firm as 30-year auction awaited

TOKYO: Benchmark Japanese government bonds edged down slightly on Monday, though the superlong zone firmed as investors awaited an auction of 30-year JGBs.

Published 06 Mar, 2017 06:57am

Financial

South Korean won slips to 5-week low; stocks end slightly higher

SEOUL: The South Korean won weakened for a third straight session on Monday, ending near five-week lows on increased dollar demand in the wake of tensions with China over Seoul's decision to deploy a US missile defence system.

Published 06 Mar, 2017 06:55am

Financial

Tokyo stocks fall after North Korea missile launch

TOKYO: Tokyo shares finished lower Monday as the yen jumped in response to North Korea's firing of four ballistic missiles, three of which landed in Japanese-controlled waters.

Published 06 Mar, 2017 06:50am

Asia

Nine dead in Japan helicopter crash

TOKYO; All nine people aboard a helicopter that crashed during a mountain rescue drill in Japan over the weekend were killed, police said Monday.

Published 06 Mar, 2017 06:47am

Cricket

Here are the Best Moments from PSL finale

Pakistan biggest cricket tournament the Pakistan Super League (PSL), finally concluded with much pomp and glory, after Peshawar Zalmi were crowned as the champions after beating rivals Quetta Gladiators in the finale at Lahore on Sunday.

Published 06 Mar, 2017 06:35am

North America

US 'strongly condemns' North Korea missile launch

WASHINGTON: The United States condemned North Korea's launch of four ballistic missiles, vowing Sunday that Washington was ready to "use the full range of capabilities at our disposal against this growing threat.

Published 06 Mar, 2017 06:33am

Front Top News

North Korea fires missiles, three reach Japan waters

SEOUL:: Nuclear-armed North Korea launched four ballistic missiles on Monday in another challenge to President Donald Trump, with three landing provocatively close to America's ally Japan.

Published 06 Mar, 2017 06:30am

World

China defence budget rises at slowest pace in decades: report

BEIJING: China's defence budget will rise seven percent to $151 billion this year, the slowest annual percentage increase since 1991 and roughly in line with decelerating economic growth, Bloomberg News reported Monday.

Published 06 Mar, 2017 06:15am

Cricket

'Pakistan wins today' as final passes off peacefully

LAHORE: Pakistan on Monday hailed the successful staging of the Pakistan Super League final as a step towards restoring international cricket in the country after a deadly attack on the Sri Lankan team in 2009.

Published 06 Mar, 2017 06:03am

Miscellaneous

Mutual funds gearing for MSCI upgrade

Last month was a volatile one for Pakistans equity market, as an array of negative news emerged from all sides which influenced investor sentiments and led to a choppy performance.

Published 06 Mar, 2017 05:51am

Miscellaneous

Are the children are "worth" saving?

There is a clear dichotomy between rising malnutrition in Pakistan despite falling poverty levels over the years.

Published 06 Mar, 2017 05:50am

Banking

Islamic banking: beyond congratulations

In an exercise of self congratulations last week, representatives from the SBP highlighted how Islamic banking has boomed in Pakistan in the last fifteen odd years.

Published 06 Mar, 2017 05:50am

Miscellaneous

ECO's energy vision: limitless potential

Last week saw the Economic Cooperation Organisations (ECO) ten member countries approving the Islamabad Declaration and ECO Vision 2025 in its 13th Summit held in the federal capital.

Published 06 Mar, 2017 05:50am

Miscellaneous

"Business in Gwadar has doubled in the last one year"

Ghulam Hussain Dashti is the President of Anjuman Tajran Gwadar, a body that represents small traders in the Gwadar city.

Published 06 Mar, 2017 05:45am

Erdogan likens Germany's blocking rallies to Nazis

Turkish President Recep Tayyip Erdogan lashed out at Germany on Sunday for blocking rallies in support of him ahead of an April vote on boosting his powers, likening it to Nazi practices. The attack came a day after German Chancellor Angela Merkel called