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Archive - 2017-03-12
Trump's revised travel ban denounced by over 130 experts
North America

Trump's revised travel ban denounced by over 130 experts

WASHINGTON: Over 130 US foreign policy experts have denounced President Donald Trump's revised travel ban, saying it undermines America's national security and interests as much as the original order barring travelers from some Muslim-majority countries a
Updated 08 Oct, 2019 09:13am
Govt to ensure equal rights to all citizens: PM
Pakistan Top News

Govt to ensure equal rights to all citizens: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Sunday said the government would ensure provision of equal rights to all citizens in light of the Constitution as well as the teachings of Islam.
Published 12 Mar, 2017 07:46pm
Army all set to help conduct smooth demography: DG ISPR
Front Top News

Army all set to help conduct smooth demography: DG ISPR

ISLAMABAD: Inter Services Public Relations Director General Major General Asif Ghafoor on Sunday said the armed forces were fully prepared to help conduct the 6th National Census in a smooth and transparent manner.
Published 12 Mar, 2017 07:45pm
Youth should capitalize on CPEC opportunities: Marriyum
General News

Youth should capitalize on CPEC opportunities: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb on Sunday advised the newly graduated youth to capitalize on the massive job opportunities being arisen because of China Pakistan Economic Corridor (CPEC)
Published 12 Mar, 2017 07:43pm
Marriyum greets Hindus on Holi festival
General News

Marriyum greets Hindus on Holi festival

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage, Marriyum Aurangzeb Sunday greeted the Hindu community on the occasion of Holi festival.
Published 12 Mar, 2017 07:30pm
Italy vows to uphold free speech after clashes
Europe

Italy vows to uphold free speech after clashes

ROME: Italy's government vowed Sunday to defend far-right Northern League leader Matteo Salvini's right to free speech after violent clashes marred his first rally in Naples, proud capital of the country's poor south.
Published 12 Mar, 2017 07:18pm
Poland accuses EU of 'cheating', after defeat in Tusk vote
Europe

Poland accuses EU of 'cheating', after defeat in Tusk vote

WARSAW: Poland, which lost a diplomatic campaign to oust its former premier Donald Tusk from his post as European Council president, has now accused the EU of "cheating" and announced a "negative" policy towards Brussels.
Published 12 Mar, 2017 07:17pm
Landslide at Ethiopia garbage dump kills at least 46
World Top News

Landslide at Ethiopia garbage dump kills at least 46

ADDIS ABABA: At least 46 people died and dozens more were hurt in a giant landslide at Ethiopia's largest rubbish dump outside Addis Ababa, a tragedy squatters living there blamed on a biogas plant being built nearby.
Published 12 Mar, 2017 06:15pm
Dutch PM says he won't apologise to Turkey
Europe

Dutch PM says he won't apologise to Turkey

THE HAGUE: Dutch Prime Minister Mark Rutte Sunday ruled out apologising for banning Turkish ministers from joining pro-Ankara rallies here, but said he hoped a diplomatic row could be defused.
Published 12 Mar, 2017 06:05pm
Football: Barca suffer PSG hangover in Deportivo defeat
Football

Football: Barca suffer PSG hangover in Deportivo defeat

MADRID: Barcelona boss Luis Enrique accepted his side had struggled to shrug off the euphoria of a remarkable Champions League comeback against Paris Saint-Germain as the Spanish champions slumped to a shock 2-1 defeat at Deportivo la Coruna on Sunday.
Published 12 Mar, 2017 06:04pm
Erdogan warns Netherlands will 'pay price' as crisis spirals
World Top News

Erdogan warns Netherlands will 'pay price' as crisis spirals

ISTANBUL: Turkish President Recep Tayyip Erdogan on Sunday warned the Netherlands it would pay a price for preventing top ministers from holding rallies ahead of a referendum on expanding his powers, as a crisis escalated with Turkey's key EU partners.
Published 12 Mar, 2017 02:05pm
Guatemala shelter fire death toll climbs to 39
Front Top News

Guatemala shelter fire death toll climbs to 39

GUATEMALA CITY: The death toll in a horrific fire at a government-run shelter for Guatemalan teens has climbed to 39, officials said on Saturday.
Published 12 Mar, 2017 01:07pm
Trump hails secret service for White House intruder arrest
World Top News

Trump hails secret service for White House intruder arrest

WASHINGTON: US President Donald Trump on Saturday praised the Secret Service for a "fantastic job" following their late-night arrest of an intruder who breached the White House grounds while the president was there.
Published 12 Mar, 2017 12:59pm
Dozens injured in Georgia riot
Europe

Dozens injured in Georgia riot

BATUMI: Nearly two dozen people were hospitalised Sunday in Georgia's Black Sea port of Batumi after police used tear gas and rubber bullets against hundreds of stone-throwing rioters, local media reported.
Published 12 Mar, 2017 12:54pm
Protests in Rotterdam over Turkish rally ban
Europe

Protests in Rotterdam over Turkish rally ban

ROTTERDAM: Protests erupted in the Dutch port city of Rotterdam late Saturday outside the Turkish consulate amid a row with Ankara after Dutch authorities banned the visits of Turkish ministers.
Published 12 Mar, 2017 12:40pm
Plunge in oil dents Gulf; Shuaa, Bank Aljazira surge
Financial

Plunge in oil dents Gulf; Shuaa, Bank Aljazira surge

DUBAI: Stock markets in the Gulf were mostly lower in early trade on Sunday after crude oil prices plunged at the end of last week to a three-month low, but Dubai's Shuaa Capital and Saudi Arabia's Bank Aljazira surged in response to company-specific news
Published 12 Mar, 2017 07:55am
Du Plessis surprise at ICC over India spat
Cricket

Du Plessis surprise at ICC over India spat

DUNEDIN: South Africa captain Faf du Plessis said Sunday he was surprised no one had been charged by the ICC after the ugly spat which blighted the Australia-India Test series.
Published 12 Mar, 2017 06:40am
Economic Corridor: FBR to grant tax exemption to Gwadar projects
Front Top News

Economic Corridor: FBR to grant tax exemption to Gwadar projects

SOHAIL SARFRAZ%D%AISLAMABAD: The Federal Board of Revenue (FBR) has decided to grant exemption of taxes for projects related to Gwadar, including Gwadar International Airport, under China-Pakistan Economic Corridor (CPEC) project.
Published 12 Mar, 2017 05:43am
India gold recycling plan fails to tempt households
Asia

India gold recycling plan fails to tempt households

MUMBAI: India's ambitious plan to recycle thousands of tonnes of gold lying idle in temples and households looks to have foundered on concerns over high costs and slight returns, in a blow to government hopes of cutting imports of the metal.
Published 12 Mar, 2017 05:17am
Sharapova should 'start from bottom': Wozniacki
Sports

Sharapova should 'start from bottom': Wozniacki

INDIAN WELLS: Maria Sharapova's planned return from a 15-month drugs ban at Stuttgart next month is "disrespectful" to other WTA players, former world number one Caroline Wozniacki said Saturday.
Published 12 Mar, 2017 05:08am
Wawrinka advances at Indian Wells
Sports

Wawrinka advances at Indian Wells

INDIAN WELLS: Third-seeded Swiss Stan Wawrinka eased into the third round of the ATP Indian Wells Masters on Saturday with a 6-3, 6-4 victory over Italy's Paolo Lorenzi.
Published 12 Mar, 2017 05:05am
CoAS meets Peshawar Zalmi players

CoAS meets Peshawar Zalmi players

The owner of Peshawar Zalmi, Javed Afridi, along with its players met the Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Saturday. Army Chief congratulated team Zalmi on their victory in Pakistan Super League (PSL) 2017. Peshawar Zalmi, led by Da
Published 12 Mar, 2017 12:00am
President briefed about economic situation

President briefed about economic situation

Finance Minister, Senator Mohammad Ishaq Dar called on President Mamnoon Hussain at the Aiwan-e-Sadr on Saturday. The Minister apprised the President about the economic situation in the country, saying that all key economic indicators were positive and mo
Published 12 Mar, 2017 12:00am
HDIP to spend Rs 892.236 million on upgradation of testing facilities

HDIP to spend Rs 892.236 million on upgradation of testing facilities

Hydrocarbon Development Institute of Pakistan (HDIP) will spend Rs 892.236 million on upgradation of its testing facilities across the country to ensure provision of quality fuel to consumers. The HDIP under two projects - at a cost of Rs 457.766 million
Published 12 Mar, 2017 12:00am
PM took too long to address Sindh issues: Khurshid

PM took too long to address Sindh issues: Khurshid

Leader of the Opposition in National Assembly (NA) Syed Khurshid Shah Saturday responded to Prime Minister Nawaz Sharif's announcements that he made in his public meeting at Thatta and said PM took four years to address the issues of people of Sindh.
Published 12 Mar, 2017 12:00am
Capital witnesses upward trend in crimes

Capital witnesses upward trend in crimes

The incidents of kidnapping, robberies and mugging registered an upward trend in the federal capital last week as six cases of kidnapping and 10 cases of robberies and housebreak were reported to various police stations of the city. According to data gath
Published 12 Mar, 2017 12:00am
PHC declares tax on e-services intra-vires, not discriminatory

PHC declares tax on e-services intra-vires, not discriminatory

Peshawar High Court (PHC) has declared that 19.5 percent sales tax on internet/email/data services under the Khyber Pakhtunkhwa Finance Act 2013 is intra-vires and the said sales tax is not discriminatory, unreasonable or disproportionate. According to a
Published 12 Mar, 2017 12:00am
Operations in Punjab may undermine PML-N's vote bank

Operations in Punjab may undermine PML-N's vote bank

The constituency politics is influencing the ongoing operations in parts of Punjab with Rangers struggling to conduct operations against the affiliates of militants. Sources within Punjab government told Business Recorder that the leadership of the ruling
Published 12 Mar, 2017 12:00am
UN chief mulls over engaging India, Pakistan for resolving Kashmir issue

UN chief mulls over engaging India, Pakistan for resolving Kashmir issue

UN Secretary-General Antonio Guterres is considering holding talks with officials from India and Pakistan on the deteriorating situation in Kashmir. The UN chief's intention to practically indulging in a long-standing peace process and to engage the nucle
Published 12 Mar, 2017 12:00am
Iran hands over 35 Pakistani immigrants

Iran hands over 35 Pakistani immigrants

Iranian authorities on Saturday handed over thirty-five Pakistani immigrants to FIA at Taftan border in Chagai district. According to official sources, these immigrants were living in Iran without legal documents. Meanwhile, law enforcement agencies have
Published 12 Mar, 2017 12:00am
Pakistan can pay off entire debt with money in Swiss banks: PIAF

Pakistan can pay off entire debt with money in Swiss banks: PIAF

Pakistan Industrial and Traders Associations Front (PIAF) chairman Irfan Iqbal Sheikh has greeted the government for pursuing Switzerland government to divulge black money information to Pakistan. Credit goes to Finance Minister Ishaq Dar to convince the
Published 12 Mar, 2017 12:00am
PAD registers dealers keen in seed business

PAD registers dealers keen in seed business

The Punjab Agriculture Department (PAD) has started provisional registration of dealers desirous to carry out seed business in the province under the provisions of Federal Seed Act to regulate the seed market.
Published 12 Mar, 2017 12:00am
Collective efforts needed for promoting tolerance: Asif

Collective efforts needed for promoting tolerance: Asif

Federal Minister for Defence Khawaja Muhammad Asif has stressed on need of collective efforts to change mindset of the society for promotion of tolerance. While addressing the oath-taking ceremony of newly elected office-bearers of District Bar Associatio
Published 12 Mar, 2017 12:00am
Country is moving towards progress, prosperity: Shahbaz

Country is moving towards progress, prosperity: Shahbaz

Chief Minister of Punjab Mian Shahbaz Sharif has said that Pakistan is moving towards the destination envisioned by Quaid e Azam Muhammad Ali Jinnah and Allama Iqbal. While talking to former member national assembly Umar Ayub Khan who called on him here t
Published 12 Mar, 2017 12:00am
FIA takes notice of Pakistanis abducted in Turkey

FIA takes notice of Pakistanis abducted in Turkey

Federal Investigation Agency (FIA) has taken notice of abduction of three more Pakistanis for ransom in Turkey. As per details, the kidnappers have demanded $60000 from the families of abducted persons and also threatened to kill the abductees if ransom i
Published 12 Mar, 2017 12:00am
More rains forecast

More rains forecast

Met office has predicted further rains in the week ahead while advising the citizens to stay health conscious that is likely to be affected by a change in weather conditions.Meanwhile, the rains downpour during the week has held back the winter season and
Published 12 Mar, 2017 12:00am
ANF struggling to contain flow of drugs

ANF struggling to contain flow of drugs

Anti-Narcotics Force (ANF) is working to eradicate the menace of narcotics smuggling and put in place the stringent measures to contain the flow of drugs. The Force Commander Anti-Narcotics Force Brigadier Khalid Mehmod Goraya stated this while talking to
Published 12 Mar, 2017 12:00am
Punjab seeks international support to improve healthcare system

Punjab seeks international support to improve healthcare system

The Punjab government would welcome international institutions' cooperation for improving the healthcare system and evolving it according to the present requirements. Punjab Minister for Specialized Healthcare & Medical Education Khawaja Salman Rafique to
Published 12 Mar, 2017 12:00am
Mega event TiE Crazy held

Mega event TiE Crazy held

The Lahore chapter of The Indus Entrepreneurs (TiE) organized a mega event TiE Crazy - Here's to the Crazy Ones the other day. The aim of the event was to bring together bright minds to give talks that are idea-focused on a wide range of subjects, to fost
Published 12 Mar, 2017 12:00am
Ex-ADAO Hyderabad held on corruption charges

Ex-ADAO Hyderabad held on corruption charges

The National Accountability Bureau (NAB) arrested Mushtaq Ahmed Shaikh, former Additional District Accounts Officer (ADAO) Hyderabad, from Karachi whose physical remand of 14 days has been given in NAB custody by the Accountability Court, Hyderabad. The a
Published 12 Mar, 2017 12:00am
Zardari felicitates Hindu community on Holi

Zardari felicitates Hindu community on Holi

President Pakistan Peoples Party Parliamentarians and former president of Pakistan, Asif Ali Zardari has felicitated Hindu community of Pakistan on the eve of Holi being observed today (Sunday). "May the celebrations today also usher in peace, prosperity
Published 12 Mar, 2017 12:00am
Girl student's body found in Multan

Girl student's body found in Multan

A body of a female matriculation student bearing torture marks was recovered on Saturday. Police said that body of a female student of class IX was recovered from New Multan area of Multan district. The body bore torture marks and it seems the deceased wa
Published 12 Mar, 2017 12:00am
Grand jirga rejects Fata-KP merger

Grand jirga rejects Fata-KP merger

The Fata Grand Jirga Saturday rejected the merger of the tribal belt with Khyber Pakhtunkhwa saying that there are contradictions in the federal cabinet decision regarding Fata reforms. The Grand Jirga of the tribal elders was held under the auspices of t
Published 12 Mar, 2017 12:00am
JS Bank forms strategic linkage with PIM

JS Bank forms strategic linkage with PIM

JS Bank's learning & organizational development division has initiated a number of projects with several training and educational institutions to improve JS Bank's human resource in line with the best global practices. JS Bank's goal is to empower each me
Published 12 Mar, 2017 12:00am
Over 7000 second-hand vehicles imported in January

Over 7000 second-hand vehicles imported in January

The country has imported 7,062 used vehicles in January 2017, causing a loss of Rs 2.1 billion to the local industry in just one month. According to the data, the importers who use passports of expatriate Pakistanis, imported 928 Toyota Vitz, 449 Toyota P
Published 12 Mar, 2017 12:00am
Clarification

Clarification

Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) has acknowledged that fertilizer companies' have not been paid due to an "unnecessary" verification process initiated by the provincial governments, says a press release issued here on Friday.
Published 12 Mar, 2017 12:00am
PAP stresses need for addressing Sindh's security-related issues

PAP stresses need for addressing Sindh's security-related issues

Provincial Action Plan (PAP) has emphasized the need of resolving the security-related issues of Sindh province, especially the metropolitan city of Karachi. Convener/Secretary Information Department, Imran Atta Soomro chaired a meeting regarding implemen
Published 12 Mar, 2017 12:00am
SECP participates in WECON 2017

SECP participates in WECON 2017

The Securities and Exchange Commission of Pakistan (SECP) participated in the 2017 Women Entrepreneurship Conference (WECON) to spread awareness among women entrepreneurs through its investor awareness programme 'Jamapunji'. The event took place at the Hi
Published 12 Mar, 2017 12:00am
4th women entrepreneurs trade fair on March 14

4th women entrepreneurs trade fair on March 14

Trade Development Authority of Pakistan, Ministry of Commerce in collaboration with Women Chamber of Commerce & Industry, Peshawar is organizing 4th Women Entrepreneurs Trade Fair from March 14th - 15th, 2017 at Shiraz Areena, Deans Trade Centre, Peshawar
Published 12 Mar, 2017 12:00am
Prices of essential kitchen items remain stable

Prices of essential kitchen items remain stable

The prices of essential kitchen items remained stable during the past week as compared to the preceding week, a survey carried out by Business Recorder revealed on Saturday. According to the survey details, the prices of tomatoes, onions, potatoes, ginger
Published 12 Mar, 2017 12:00am
Mexico cancels sugar export permits to US in trade dispute

Mexico cancels sugar export permits to US in trade dispute

Mexico has cancelled existing sugar export permits to the United States in a dispute over the pace of shipments, according to a letter seen by Reuters, in a flare-up industry sources said could temporarily disrupt supplies. The letter sent by Mexico's sug
Published 12 Mar, 2017 12:00am
EU sugar stocks seen falling by more than 50 percent

EU sugar stocks seen falling by more than 50 percent

European Union sugar stocks are forecast to fall by more than 50 percent by the end of the current 2016/17 season as production rises but remains below the five-year average, the European Commission said on Wednesday. White sugar production was estimated
Published 12 Mar, 2017 12:00am
Hot, dry weather in Ivory Coast sparks concern for cocoa crop

Hot, dry weather in Ivory Coast sparks concern for cocoa crop

Dry weather and strong heat in some of Ivory Coast's main cocoa growing regions are raising concerns about the size and quality of the upcoming cocoa mid-crop, farmers said on Monday, following forecasts for record production. The dry season in the world'
Published 12 Mar, 2017 12:00am
Gold miners must invest in emerging markets for future: Randgold

Gold miners must invest in emerging markets for future: Randgold

The biggest risk facing the world's top gold producers is their reluctance to hunt for big new discoveries in emerging markets, with most sticking to so called safe jurisdictions, said the head of Randgold Resources Ltd on Wednesday. The industry has sinc
Published 12 Mar, 2017 12:00am
Iran's GTC tenders for 60,000 tonnes of raw sugar

Iran's GTC tenders for 60,000 tonnes of raw sugar

Iran's state purchasing agency the Government Trading Corporation of Iran (GTC) is tendering to buy 60,000 tonnes of Brazilian raw cane sugar in another sign that the country aims to boost stocks, European traders said on Thursday. Last week, trade source
Published 12 Mar, 2017 12:00am
China gold reserves flat for a fourth month in February

China gold reserves flat for a fourth month in February

China's gold reserves were unchanged for a fourth month in February, the country's central bank said on Tuesday, the longest time in which it has not added to its holdings since it began updating the data monthly in mid 2015. China's central bank bullion
Published 12 Mar, 2017 12:00am
China copper imports sink as holiday deepens slowdown

China copper imports sink as holiday deepens slowdown

Chinese copper imports fell sharply in February, customs data showed on Wednesday, as the Lunar New Year holiday deepened a slowdown in demand from the world's top consumer and producer. Copper imports to China, the world's leading copper and aluminium co
Published 12 Mar, 2017 12:00am
ING, SocGen to test LNG trading with blockchain in months
Currency

ING, SocGen to test LNG trading with blockchain in months

Banks ING and Societe Generale are in talks with traders to test liquefied natural gas (LNG) trading based on blockchain, the technology starting to shake up the traditional energy industry. Blockchain, which originates from digital currency bitcoin, work
Published 12 Mar, 2017 12:00am
Australia sees wheat output falling 32 percent from record crop

Australia sees wheat output falling 32 percent from record crop

Australia's 2017/18 wheat crop is expected to fall 32 percent from the previous season, the country's chief commodity forecaster said on Tuesday, as seasonal conditions turn drier, pushing yields to average levels. Farmers in the world's No 4 exporter wil
Published 12 Mar, 2017 12:00am
Oil industry costs will rise as focus shifts to growth

Oil industry costs will rise as focus shifts to growth

Oil industry costs are notoriously pro-cyclical, which is one of the main reasons for the pattern of boom and bust that has afflicted in the industry from the beginning. The cost of everything from skilled and unskilled labour to engineering contracts, fi
Published 12 Mar, 2017 12:00am
Iraq's Etihad Food Industries seeks long-term raw sugar contracts

Iraq's Etihad Food Industries seeks long-term raw sugar contracts

Iraq's Etihad Food Industries is looking to sign long-term raw sugar importing contracts with large trading firms after its current contract with Alvean runs out in November. Etihad's commercial director, Haidar al-Noumany, said in an interview that Etiha
Published 12 Mar, 2017 12:00am
Assad calls US forces 'invaders', but still hopeful on Trump

Assad calls US forces 'invaders', but still hopeful on Trump

Syrian President Bashar al-Assad said US forces in Syria were "invaders" and he had yet to see "anything concrete" emerge from US President Donald Trump's vow to prioritise the fight against Islamic State. Assad has said he saw promise in Trump's statemen
Published 12 Mar, 2017 12:00am
Eight Iraqis saved from refrigerated truck in Spain

Eight Iraqis saved from refrigerated truck in Spain

Eight Iraqis, including four children, were found crammed inside a refrigerated truck in a service area in eastern Spain, police said Saturday, adding that they had been trying to reach Britain. The four adults and four children, aged two, five, eight, an
Published 12 Mar, 2017 12:00am
World's first museum of polar lands opens in France

World's first museum of polar lands opens in France

As global warming reshapes the Arctic and Antarctic, a new museum built by the son of a renowned French explorer aims to show "the beauty of polar landscapes" and illustrate the consequences of climate change. The centre in eastern France is "the only per
Published 12 Mar, 2017 12:00am
Turkey protesters slam jailing of journalists

Turkey protesters slam jailing of journalists

Turkish journalists and opposition lawmakers protested in Istanbul Saturday against the detention of reporters, as a crackdown on the media has accelerated after the failed coup against President Recep Tayyip Erdogan. "Journalism is not a crime" and "We w
Published 12 Mar, 2017 12:00am
Germany shuts down shopping mall over attack threat

Germany shuts down shopping mall over attack threat

German police cordoned off a shopping centre in the central city of Essen on Saturday, citing the threat of a terror attack, less than a year after a deadly shooting spree in a mall in Munich. "The shopping centre will be closed all Saturday due to securi
Published 12 Mar, 2017 12:00am
15 dead in fighting near Yemen Red Sea port

15 dead in fighting near Yemen Red Sea port

Seven Yemeni soldiers and eight rebels were killed in heavy fighting over the past 24 hours near the Red Sea coastal town of Mokha, medical and security sources said Saturday. The historic port was captured by government forces on February 10 as part of a
Published 12 Mar, 2017 12:00am
South Sudan 'to profit' from crisis with $10,000 visas

South Sudan 'to profit' from crisis with $10,000 visas

International aid agencies on Saturday slammed South Sudan's decision to raise foreign worker visa fees to as much as $10,000 (9,300 euros), warning it would worsen a humanitarian crisis in the famine-hit country. "The government and the army have largely
Published 12 Mar, 2017 12:00am
Haiti pays last respects to Rene Preval, champion of rural poor

Haiti pays last respects to Rene Preval, champion of rural poor

Former Haitian President Rene Preval was to be buried Saturday at a state funeral in Port-au-Prince, a final tribute to the late champion of the rural poor. Preval, who served two terms as the country's president, died on March 3 at age 74. His sister tol
Published 12 Mar, 2017 12:00am
At least 242 bodies found in hidden graves in Mexico

At least 242 bodies found in hidden graves in Mexico

Mexican authorities have found at least 242 bodies in hidden graves in the eastern state of Veracruz that were discovered by mothers searching for their missing children, officials said Friday. The bodies were found over a six-month period, with the first
Published 12 Mar, 2017 12:00am
Chilean singer Angel Parra dies

Chilean singer Angel Parra dies

Noted Chilean singer and guitarist Angel Parra died in Paris on Saturday aged 73 after a three-year battle with cancer, the Chilean ambassador said. "It's a great loss for Chile and for art," Marcia Covarrubias told AFP. "Angel Parra lived in France for 4
Published 12 Mar, 2017 12:00am
World faces worst humanitarian crisis since WWII: UN

World faces worst humanitarian crisis since WWII: UN

The United Nations is warning that the world is facing its worst humanitarian crisis since the end of World War II, with more than 20 million people facing starvation and famine in four countries. The world body's humanitarian chief Stephen O'Brien called
Published 12 Mar, 2017 12:00am
Two Ukrainian soldiers killed, 16 wounded

Two Ukrainian soldiers killed, 16 wounded

Ukraine's army reported Saturday two soldiers killed in clashes with Russian-backed rebels, in a new uptick in violence across eastern Ukraine. Ukrainian military spokesman Andriy Lysenko told reporters that two servicemen were killed and another 16 wound
Published 12 Mar, 2017 12:00am
Malaysia hopes to open North Korea talks 'in next few days'

Malaysia hopes to open North Korea talks 'in next few days'

Malaysia hopes to open negotiations with North Korea in the "next few days" to secure the release of its citizens trapped in Pyongyang following a row over the murder of Kim Jong-Nam, the foreign minister said Saturday. The killing of the half-brother of
Published 12 Mar, 2017 12:00am
Italy row over self defence after burglar shot dead

Italy row over self defence after burglar shot dead

An Italian restaurant owner who shot a burglar dead is being investigated for voluntary manslaughter, sparking calls Saturday for changes to the country's law covering self-defence killings. Mario Cattaneo, 67, killed the burglar with a single shot from h
Published 12 Mar, 2017 12:00am
Japan recalls tsunami, nuclear tragedy six years on

Japan recalls tsunami, nuclear tragedy six years on

Japan paused Saturday to mark six years since a deadly earthquake, tsunami and nuclear disaster devastated a wide swathe of its northeastern coast as more than 100,000 people remain unable or unwilling to return home. The magnitude 9.0 quake, which struck
Published 12 Mar, 2017 12:00am
Trump invites Palestinian leader Abbas to White House 'soon'

Trump invites Palestinian leader Abbas to White House 'soon'

Donald Trump on Friday invited Palestinian leader Mahmud Abbas to visit the White House sometime soon, both sides said after the first phone call between the pair since the US president took office in January. Trump invited Abbas "to visit the White House
Published 12 Mar, 2017 12:00am
Trump dismisses dozens of Obama-era federal prosecutors

Trump dismisses dozens of Obama-era federal prosecutors

The administration of US President Donald Trump on Friday moved to clean house at the Justice Department, demanding the resignations of 46 federal prosecutors appointed during the two terms of his predecessor Barack Obama. Presidents often order political
Published 12 Mar, 2017 12:00am
Eight Afghan policemen killed in 'insider attack'

Eight Afghan policemen killed in 'insider attack'

Eight local policemen were killed by their colleagues after they were poisoned in their base in southern Afghanistan, officials said Saturday, in a latest so-called "insider attack". The Taliban claimed responsibility for the incident, which happened in t
Published 12 Mar, 2017 12:00am
Gunmen attack military airport in eastern Afghanistan

Gunmen attack military airport in eastern Afghanistan

Gunmen attacked a military air base in the eastern Afghan province of Khost, officials said on Saturday. Khost police spokesman Faizullah Ghairat said that three militants had attacked the base, close to the border with Pakistan. One had been killed, whil
Published 12 Mar, 2017 12:00am
Seven dead as Iranian teen botches homemade fireworks

Seven dead as Iranian teen botches homemade fireworks

An Iranian teenager making homemade fireworks for a festival ahead of the Persian New Year blew up his home, killing himself and six other family members, a prosecutor said on Saturday. The house in the northwestern city of Ardebil was flattened by the fo
Published 12 Mar, 2017 12:00am
Herath leads Sri Lanka's crushing win over Bangladesh

Herath leads Sri Lanka's crushing win over Bangladesh

Rangana Herath grabbed six wickets in the second innings to become Test cricket's most successful left-arm spinner as Sri Lanka defeated Bangladesh by 259 runs in their first Test at Galle on Saturday. Herath finished with 6-59, his 23rd five or more wick
Published 12 Mar, 2017 12:00am
Balochistan Football Cup round matches begin

Balochistan Football Cup round matches begin

Pakistan Petroleum Limited (PPL) Balochistan Football Cup 2017, the country's largest-ever sponsored football tournament, kicked off on March 10 with round matches in six provincial divisions of Quetta, Kalat, Makran, Sibi, Zhob and Naseerabad. The first
Published 12 Mar, 2017 12:00am
Shabbir shines in J. A. Zaman Open Golf

Shabbir shines in J. A. Zaman Open Golf

Reigning golf champion of Pakistan M. Shabbir of Islamabad Golf Club took command in the second day of J. A. Zaman Memorial Open Golf Championship, played here on Saturday. Shabbir came across a rare mishap on the closing 18th hole on the second day. His
Published 12 Mar, 2017 12:00am
South Africa stumble as rain hovers

South Africa stumble as rain hovers

South African batting coach Neil McKenzie believes his side need another 70 runs to feel safe after New Zealand captured the key wicket of Dean Elgar to keep alive the prospect of a result in the first Test in Dunedin on Saturday. At stumps on day four, N
Published 12 Mar, 2017 12:00am
Charsadda take U-23 Games football title

Charsadda take U-23 Games football title

On the last day of the ongoing KP Under-23 Games, District Charsadda handed an upsetting defeat to strong Peshawar District team in a thrilling final played here at Sumbal Khan Football ground on Saturday. Director Operation Tariq Mehmood, former Pakistan
Published 12 Mar, 2017 12:00am
Nasir Jamshed's passport confiscated

Nasir Jamshed's passport confiscated

Investigation of corruption in Pakistan Super League (PSL) second season has been widened. Sources told that Nasir Jamshed's passport was confiscated by the National Crime Agency in Britain. The left-hand batsman is the alleged character behind fixing mat
Published 12 Mar, 2017 12:00am
Nadal says three-set matches not solution for Davis Cup

Nadal says three-set matches not solution for Davis Cup

The introduction of best-of-three set matches in the Davis Cup won't be enough to halt the drain of top talent from the 117-year-old world tennis tournament, Rafael Nadal said Friday. Nadal, who helped Spain to Davis Cup titles in 2004, 2008, 2009 and 201
Published 12 Mar, 2017 12:00am
Slick City cruise into FA Cup semi-finals

Slick City cruise into FA Cup semi-finals

Manchester City cruised into the FA Cup semi-finals with a 2-0 victory at Middlesbrough on Saturday as Pep Guardiola showed he is taking the competition seriously. Goals from David Silva and Sergio Aguero were scant reward for City as they easily out-clas
Published 12 Mar, 2017 12:00am
Pliskova squeaks past Puig at Indian Wells

Pliskova squeaks past Puig at Indian Wells

World number three Karolina Pliskova battled back to beat Olympic champion Monica Puig 1-6, 6-4 6-4 on Friday, but says she'll have to do better to go further at Indian Wells. "I don't even think I deserved to win tonight," third-seeded Czech Pliskova sai
Published 12 Mar, 2017 12:00am
Badminton: Battling Lee into seventh All-England final

Badminton: Battling Lee into seventh All-England final

World number one Lee Chong Wei reached the final of the All-England Open for a seventh time on Saturday after rallying past Chou Tien Chen of Taiwan 10-21, 21-14, 21-9. Lee increased the possibility of a dream showdown with defending champion Lin Dan who
Published 12 Mar, 2017 12:00am
Asia FX sentiment weakens on growing likelihood of Fed rate hike
Currency

Asia FX sentiment weakens on growing likelihood of Fed rate hike

Sentiment towards most emerging Asian currencies has worsened from two weeks ago, after comments from Federal Reserve officials heightened market expectations for a US rate hike this month, a Reuters poll showed. Investors were estimated to have trimmed t
Published 12 Mar, 2017 12:00am
Speculators up net long dollar bets to highest in four weeks

Speculators up net long dollar bets to highest in four weeks

Speculators boosted bullish bets on the US dollar in the latest week, lifting net longs to their highest level since early February, according to Commodity Futures Trading Commission data released on Friday and calculations by Reuters. The value of the do
Published 12 Mar, 2017 12:00am
Nigeria to offer $100 million in currency forwards
Currency

Nigeria to offer $100 million in currency forwards

Nigeria central bank said on Wednesday it will sell $100 million in currency forwards on the inter-bank market to clear a backlog of dollar demand from business and individuals. The bank said in a note to commercial lenders that the intervention will requ
Published 12 Mar, 2017 12:00am
Euro hits four-week high after report of ECB rate hike talks
Currency

Euro hits four-week high after report of ECB rate hike talks

The euro hit a more than four-week high against the dollar on Friday after a report that the European Central Bank had discussed the possibility of raising interest rates before the end of its quantitative easing program. Sources told Reuters some ECB pol
Published 12 Mar, 2017 12:00am
Sterling set for slow burn through initial EU divorce proceedings

Sterling set for slow burn through initial EU divorce proceedings

The battered British pound is set for a slow burn lower along with diminished growth prospects once the UK government triggers official proceedings for divorce from the European Union as it is expected to do later this month, a Reuters poll found. While
Published 12 Mar, 2017 12:00am
Latam currencies likely to give back part of recent rally
Currency

Latam currencies likely to give back part of recent rally

The Mexican peso is unlikely to replicate its tumble to a record low following the US presidential election but could surrender some recent gains like other Latin American currencies in the coming year, a Reuters poll found on Tuesday. Foreign exchange st
Published 12 Mar, 2017 12:00am
Canadian dollar rises
Currency

Canadian dollar rises

The Canadian dollar strengthened on Friday against its US counterpart as solid domestic jobs data tempered expectations for policy divergence between the Bank of Canada and the Federal Reserve. The 15,300 increase in Canadian jobs in February easily toppe
Published 12 Mar, 2017 12:00am
Wall Street ends up; jobs data points to economic strength

Wall Street ends up; jobs data points to economic strength

US stocks rose on Friday after a solid jobs report pointed to strength in the domestic economy and supported expectations the Federal Reserve will raise interest rates next week. Indexes ended lower for the week, however, with the S&P 500 and Nasdaq break
Published 12 Mar, 2017 12:00am
Banks come in from the cold for hedge funds

Banks come in from the cold for hedge funds

Bank stocks are back in vogue for hedge funds, which have shunned the industry over the past seven years due to a squeeze on banks' profitability from low interest rates and because of their opaque balance sheets. The election of US President Donald Trump
Published 12 Mar, 2017 12:00am
Banks come in from the cold for hedge funds

Banks come in from the cold for hedge funds

Bank stocks are back in vogue for hedge funds, which have shunned the industry over the past seven years due to a squeeze on banks' profitability from low interest rates and because of their opaque balance sheets. The election of US President Donald Trump
Published 12 Mar, 2017 12:00am
UK government bond issuance set to hit 10-year low

UK government bond issuance set to hit 10-year low

Britain's government will plan to sell its smallest amount of bonds in a decade for the coming fiscal year, a Reuters poll of primary dealers found on Tuesday, as finance minister Philip Hammond looks set to beat his borrowing targets for this year with e
Published 12 Mar, 2017 12:00am
UK government bond issuance set to hit 10-year low

UK government bond issuance set to hit 10-year low

Britain's government will plan to sell its smallest amount of bonds in a decade for the coming fiscal year, a Reuters poll of primary dealers found on Tuesday, as finance minister Philip Hammond looks set to beat his borrowing targets for this year with e
Published 12 Mar, 2017 12:00am
Treasuries outlook: US bond yields slip despite upbeat jobs data

Treasuries outlook: US bond yields slip despite upbeat jobs data

US Treasury yields fell on Friday, with benchmark yields receding from 12-week highs after data on domestic hiring last month came in stronger than consensus forecasts but fell short of the most optimistic views. Still the latest jobs figures were solid e
Published 12 Mar, 2017 12:00am
Treasuries outlook: US bond yields slip despite upbeat jobs data

Treasuries outlook: US bond yields slip despite upbeat jobs data

US Treasury yields fell on Friday, with benchmark yields receding from 12-week highs after data on domestic hiring last month came in stronger than consensus forecasts but fell short of the most optimistic views. Still the latest jobs figures were solid e
Published 12 Mar, 2017 12:00am
From Africa to Asia, governments considering 'green' bond sales
Currency

From Africa to Asia, governments considering 'green' bond sales

A raft of developing countries are considering selling bonds earmarked for environmental projects, potentially accelerating growth in a market seen as crucial to efforts to keep global temperatures in check. France and Poland have in recent months become
Published 12 Mar, 2017 12:00am
From Africa to Asia, governments considering 'green' bond sales
Currency

From Africa to Asia, governments considering 'green' bond sales

A raft of developing countries are considering selling bonds earmarked for environmental projects, potentially accelerating growth in a market seen as crucial to efforts to keep global temperatures in check. France and Poland have in recent months become
Published 12 Mar, 2017 12:00am
TSX ekes out gain

TSX ekes out gain

Canada's benchmark stock index ended barely higher on Friday, with sharp gains for gold miners offset by a slump in Toronto-Dominion Bank (TD) after CBC News reported that its employees were being pressured to meet high sales revenue goals. Shares in TD,
Published 12 Mar, 2017 12:00am
Tourists head back to Europe, and investors follow

Tourists head back to Europe, and investors follow

Tourists are heading back to Europe, and the recovery is showing up in everything from rising hotel bookings to tax-free shopping and air traffic, leading to a brighter earnings outlook for travel and leisure companies. A rebound in emerging markets is br
Published 12 Mar, 2017 12:00am
Ardagh launches long-awaited IPO

Ardagh launches long-awaited IPO

Packaging conglomerate Ardagh Group launched a long-awaited initial public offering (IPO) late on Monday, as it sought to raise as much as $370 million by floating around 7 percent of the company on the New York Stock Exchange. The Luxembourg-based suppli
Published 12 Mar, 2017 12:00am
EU plans measures to block foreign takeovers of strategic firms

EU plans measures to block foreign takeovers of strategic firms

The European Union plans measures to block "politically-motivated" foreign investment, after Germany, France and Italy asked it to act against takeovers in sectors that could harm Europe's strategic interests. The proposal could give the EU - which can al
Published 12 Mar, 2017 12:00am
Patients take flight as medical tourism booms

Patients take flight as medical tourism booms

Medical tourism has grown into a healthy travel sector as people shop beyond their borders for everything from dental work to plastic surgery, say experts at Berlin's ITB travel fair. This year is the first that the global tourism show has set aside space
Published 12 Mar, 2017 12:00am
Water price hike sparks rare public protest in Singapore

Water price hike sparks rare public protest in Singapore

More than 100 people gathered in Singapore's Speakers' Corner on Saturday for a rare protest against a government plan to hike water prices that has stirred discontent over sluggish economic growth and rising unemployment in the city-state.
Published 12 Mar, 2017 12:00am
Canada adds more jobs than expected in Feb, full-time hiring jumps

Canada adds more jobs than expected in Feb, full-time hiring jumps

Canada added more jobs than expected in February, extending the labor market's recent strong run as full-time hiring jumped, tempering concerns about deteriorating job quality after an increase in part-time work last year. A decline in the number of peopl
Published 12 Mar, 2017 12:00am
World Bank overturns order for Venezuela to pay $1.4 billion to Exxon

World Bank overturns order for Venezuela to pay $1.4 billion to Exxon

A World Bank panel has overturned part of a ruling ordering Venezuela to pay $1.4 billion to Exxon Mobil in compensation for nationalizing a company project 10 years ago. In an 85-page ruling, the Washington-based International Centre For Settlement of In
Published 12 Mar, 2017 12:00am
Tunisia's powerful union, industry agree wage hike

Tunisia's powerful union, industry agree wage hike

Tunisia's main labour union and largest industry association agreed on Friday to raise wages for about 1.5 million private sector workers, a step aimed at reducing social tension, restoring investor confidence and reviving the economy. The announcement of
Published 12 Mar, 2017 12:00am
China says investment will help unification with Taiwan

China says investment will help unification with Taiwan

China's Industry Minister, Miao Wei, said on Saturday that investment across the Taiwan Strait can help achieve China's aim of achieving unification with the self-ruled island, and called for Taiwan to be more open to Chinese businesses. China deems Taiwa
Published 12 Mar, 2017 12:00am
Schaeuble says scope for tax cuts limited

Schaeuble says scope for tax cuts limited

German Finance Minister Wolfgang Schaeuble rejected demands on Saturday from some fellow conservatives for large tax cuts after a September election, saying there was only scope for about 15 billion euros in reductions. Schaeuble, whose priority is mainta
Published 12 Mar, 2017 12:00am
HSBC lining up AIA's Mark Tucker as chairman

HSBC lining up AIA's Mark Tucker as chairman

HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd, to be the next chairman of Europe's biggest bank, Britain's Sky News reported on Saturday. Last month HSBC said the bank was not a position where it had a shor
Published 12 Mar, 2017 12:00am
Egypt reforms must focus on investment: World Bank

Egypt reforms must focus on investment: World Bank

Egypt needs to implement economic reforms aimed at encouraging more private investment and moving away from subsidies towards targeted transfers for the poor, a senior World Bank official said on Wednesday. Hafez Ghanem, the World Bank's vice president fo
Published 12 Mar, 2017 12:00am
Companies to invest $3.3 billion in solar projects in Vietnam

Companies to invest $3.3 billion in solar projects in Vietnam

Vietnam's Daklak province on Saturday granted licences and signed memorandums of understanding for the development of several solar power projects worth a combined $3.3 billion. Vietnam has been mostly reliant on coal-fired and hydro power plants to accom
Published 12 Mar, 2017 12:00am
China auto sales jump

China auto sales jump

Automobile sales in China jumped more than 22 percent year-on-year in February, an industry group said Friday, in fresh evidence that a cut in purchase taxes was supporting demand in the world's largest car market. Sales reached 1.94 million units last mo
Published 12 Mar, 2017 12:00am
Cotton market: Ginners refrain from new deals for better profit
Cotton

Cotton market: Ginners refrain from new deals for better profit

Ginners adopted wait-and-see attitude on the cotton market on Saturday in the process of trading, dealers said. The official spot rate was unchanged at Rs 6800, they said. In Punjab prices of phutti were unchanged at Rs 3750-3800, as per 40 kg, they said.
Published 12 Mar, 2017 12:00am
Rice prices up in India, Vietnam while Thai's fall

Rice prices up in India, Vietnam while Thai's fall

Rice prices in India and Vietnam advanced while Thai prices dropped due to a weaker baht, traders said on Thursday. In India, the world's biggest rice exporter, 5-percent broken parboiled rice prices rose to $375-$380 per tonne from $373-$378 last week, a
Published 12 Mar, 2017 12:00am
European wheat prices steady ahead of USDA report

European wheat prices steady ahead of USDA report

Western European wheat markets were steady on Thursday, as a series of international tenders boosted export sentiment while chart support underpinned futures ahead of a closely watched US government crop report. May milling wheat, the most active contract
Published 12 Mar, 2017 12:00am
Soyameal down on European feeds market

Soyameal down on European feeds market

Soyameal on the European meals and feeds market eased further on Thursday on prospects for a record-large South American soyabean harvest. "A very large South American crop that is being harvested is bound to weigh on prices as it hits the market and it l
Published 12 Mar, 2017 12:00am
Saudi Arabia seeks to buy 720,000 tonnes of wheat

Saudi Arabia seeks to buy 720,000 tonnes of wheat

Saudi Arabia's main state wheat buying agency, the Saudi Grains Organization (SAGO), has issued an international tender to purchase 720,000 tonnes of hard wheat, it said on Thursday. The tender deadline is March 10, it said. The wheat, with 12.5 percent p
Published 12 Mar, 2017 12:00am
CBOT soyabean hits two-month low

CBOT soyabean hits two-month low

Soyabean futures on the Chicago Board of Trade fell to a two-month low on Thursday on forecasts for a record-large Brazilian soya harvest that should cut into US exports, traders said. The CBOT May soyabean contract settled down 10-3/4 cents at $10.11 per
Published 12 Mar, 2017 12:00am
Ukraine starts spring grain sowing

Ukraine starts spring grain sowing

Farmers of southern Ukrainian regions have started spring grain sowing, seeding the first 600 hectares, the agriculture ministry said on Thursday. Farmers plan to sow a total of 7.2 million hectares of spring grains this year, including 2.4 million hectar
Published 12 Mar, 2017 12:00am
Canadian canola futures lower

Canadian canola futures lower

ICE Canadian canola futures drifted lower on Thursday, following declines in US soy markets tied to rising estimates of Brazil's likely record-large soybean harvest, traders said. Canola had underlying support from light commercial buying and a lack of fa
Published 12 Mar, 2017 12:00am
Vietnamese coffee discounts widen; Indonesia's prices up

Vietnamese coffee discounts widen; Indonesia's prices up

Discounts for Vietnamese coffee widened this week on low demand, while prices edged up in Indonesia amid limited domestic supply, traders said on Thursday. Prices in Daklak, Vietnam's largest coffee bean-growing province rose to 47,300 dong-48,000 dong ($
Published 12 Mar, 2017 12:00am
Turkey buys 130,000 tonnes of EU wheat

Turkey buys 130,000 tonnes of EU wheat

Turkey's state grain board TMO has made an initial purchase of about 130,000 tonnes of European Union-origin milling wheat in a tender which closed on Wednesday, traders said on Thursday. The purchase has been allocated to three trading companies and depe
Published 12 Mar, 2017 12:00am
Freight rates for large capesize dry cargo hit multi-month highs

Freight rates for large capesize dry cargo hit multi-month highs

Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-month highs this week, are set to jump further next week on tight tonnage supply and buoyant cargo volumes, brokers said. Rates on the capesize route from Brazil to Ch
Published 12 Mar, 2017 12:00am
Asian naphtha crack up; brisk demand seen

Asian naphtha crack up; brisk demand seen

Asia's naphtha crack edged up to $70.58 a tonne after hitting a four-session low in the previous session as brisk demand lifted values, traders said. South Korea's LG Chem bought naphtha for second-half April delivery at discounts deeper than $3 a tonne t
Published 12 Mar, 2017 12:00am
Chinese iron ore, steel fall to one-month lows

Chinese iron ore, steel fall to one-month lows

Iron ore and steel futures in China fell to one-month lows on Thursday as investors pared back positions after pushing both commodities to multi-year highs last month. Amid stronger prices of steel and other raw materials last month, China's producer pric
Published 12 Mar, 2017 12:00am
CBOT corn falls to five-week low

CBOT corn falls to five-week low

Corn futures on the Chicago Board of Trade hit a five-week low on Thursday on estimates for big South American crops that would further boost ample global grain supplies, traders said. CBOT May corn settled down 5-1/4 cents at $3.67 per bushel after falli
Published 12 Mar, 2017 12:00am
Brazil's green coffee exports fall 15 percent

Brazil's green coffee exports fall 15 percent

Brazil exported 15 percent less green coffee in February compared to last year in part due to slower sales by farmers who preferred to wait for better prices, exporters association Cecaf said on Thursday. The world's largest producer and exporter shipped
Published 12 Mar, 2017 12:00am
Rains to help Argentine soya yields in higher areas

Rains to help Argentine soya yields in higher areas

Recent rains in Argentina's main soya-growing areas have helped maximize yields in higher-altitude areas not affected by the floods that have soaked lower-lying fields, the Buenos Aires Grains Exchange said in its weekly crop report on Thursday.
Published 12 Mar, 2017 12:00am
Palm oil prices fall on European vegoils market

Palm oil prices fall on European vegoils market

Palm oil on the European vegetable oils market eased on Thursday on an improving production outlook for the coming months and expectations of bearish USDA supply/demand data. USDA crop and supply/demand data was issued too late in the European afternoon f
Published 12 Mar, 2017 12:00am
Brazil raises soya crop view to 107.6 million tonnes

Brazil raises soya crop view to 107.6 million tonnes

Brazil's agricultural statistics agency Conab raised its estimate for the country's 2016/17 soyabean crop to 107.6 million tonnes on Thursday, more than 2 million tonnes above its previous forecast. The agency said corn output in the season should reach 8
Published 12 Mar, 2017 12:00am
European gasoline margins fall as ARA stocks rise

European gasoline margins fall as ARA stocks rise

Gasoline refining margins in northwest Europe fell on Thursday as stocks in the ARA hub grew, but a potential pick up in exports to the United States gave margins a floor. Stocks of oil products in independently held storage in the Amsterdam-Rotterdam-Ant
Published 12 Mar, 2017 12:00am
China's February soya imports climb 25 percent

China's February soya imports climb 25 percent

Soya imports by China, the world's largest buyer of the oilseed, climbed 23 percent year-on-year in February to mark the highest level for that month since at least 2010 at 5.54 million tonnes, customs data showed on Wednesday. Imports were down around 28
Published 12 Mar, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (March 11, 2017).

Published 12 Mar, 2017 12:00am
THE RUPEE: no major changes
Currency

THE RUPEE: no major changes

KARACHI: The rupee almost held the overnight levels against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee showed no change against the dollar for buying and selling at Rs 106.50 and Rs 106.70 respectively, h
Published 12 Mar, 2017 12:00am
THE RUPEE: no major changes
Currency

THE RUPEE: no major changes

KARACHI: The rupee almost held the overnight levels against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee showed no change against the dollar for buying and selling at Rs 106.50 and Rs 106.70 respectively, h
Published 12 Mar, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 11, 2017).

Published 12 Mar, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 11, 2017).

Published 12 Mar, 2017 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 11, 2017).

Published 12 Mar, 2017 12:00am
Hides and skins rates

Hides and skins rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 11, 2017).

Published 12 Mar, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 11, 2017)

Published 12 Mar, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 11, 2017).

Published 12 Mar, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (March 11, 2017) and the forecast for Sunday (March 12, 2017).

Published 12 Mar, 2017 12:00am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (February 01 to 28, 2017)

Published 12 Mar, 2017 12:00am
Trump fires prominent US prosecutor

Trump fires prominent US prosecutor

High-profile New York prosecutor Preet Bharara - who was among the federal attorneys asked to resign by the White House - was fired Saturday, he announced on Twitter. US President Donald Trump's administration on Friday demanded the resignations of 46 US
Published 12 Mar, 2017 12:00am
Trump fires prominent US prosecutor

Trump fires prominent US prosecutor

High-profile New York prosecutor Preet Bharara - who was among the federal attorneys asked to resign by the White House - was fired Saturday, he announced on Twitter. US President Donald Trump's administration on Friday demanded the resignations of 46 US
Published 12 Mar, 2017 12:00am
Twin Damascus bombs kill 59

Twin Damascus bombs kill 59

Twin bombs targeting Shia pilgrims killed 59 people in Damascus on Saturday, most of them Iraqis, a monitoring group said of one of the bloodiest attacks in the Syrian capital. There have been periodic bombings in Damascus, but the stronghold of the regim
Published 12 Mar, 2017 12:00am
Twin Damascus bombs kill 59

Twin Damascus bombs kill 59

Twin bombs targeting Shia pilgrims killed 59 people in Damascus on Saturday, most of them Iraqis, a monitoring group said of one of the bloodiest attacks in the Syrian capital. There have been periodic bombings in Damascus, but the stronghold of the regim
Published 12 Mar, 2017 12:00am
July-February trade deficit widens to $20.20 billion

July-February trade deficit widens to $20.20 billion

Pakistan's trade deficit widened to $20.20 billion during the first eight months (July-February 2017) of the current fiscal year, up by 34.33 percent from $15.039 billion for the same period a year before, according to Pakistan Bureau of Statistics (PBS).
Published 12 Mar, 2017 12:00am
July-February trade deficit widens to $20.20 billion

July-February trade deficit widens to $20.20 billion

Pakistan's trade deficit widened to $20.20 billion during the first eight months (July-February 2017) of the current fiscal year, up by 34.33 percent from $15.039 billion for the same period a year before, according to Pakistan Bureau of Statistics (PBS).
Published 12 Mar, 2017 12:00am
July-February trade deficit widens to $20.20 billion

July-February trade deficit widens to $20.20 billion

Pakistan''s trade deficit widened to $20.20 billion during the first eight months (July-February 2017) of the current fiscal year, up by 34.33 percent from $15.039 billion for the same period a year before, according to Pakistan Bureau of Statistics (PBS)
Published 12 Mar, 2017 12:00am
Tarbela reaches dead level of 1380ft: Irsa

Tarbela reaches dead level of 1380ft: Irsa

The country's top water reservoir Tarbela has reached dead level of 1380 feet due to which Irsa will now release inflows only to the provinces. On Saturday, inflow at Tarbela was 12.4 cusecs whereas outflow was 28 cusecs. However, Mangla reservoir is nine
Published 12 Mar, 2017 12:00am
Tarbela reaches dead level of 1380ft: Irsa

Tarbela reaches dead level of 1380ft: Irsa

The country's top water reservoir Tarbela has reached dead level of 1380 feet due to which Irsa will now release inflows only to the provinces. On Saturday, inflow at Tarbela was 12.4 cusecs whereas outflow was 28 cusecs. However, Mangla reservoir is nine
Published 12 Mar, 2017 12:00am
Tarbela reaches dead level of 1380ft: Irsa

Tarbela reaches dead level of 1380ft: Irsa

The country''s top water reservoir Tarbela has reached dead level of 1380 feet due to which Irsa will now release inflows only to the provinces. On Saturday, inflow at Tarbela was 12.4 cusecs whereas outflow was 28 cusecs. However, Mangla reservoir is nin
Published 12 Mar, 2017 12:00am
Prospects of hydropower project in doubt

Prospects of hydropower project in doubt

The prospects of 545MW W Kaigah Hydropower Project proposed to be set up at Kandiah River, District Kohistan, Khyber Pakhtu-nkhwa (KPK), is in doubt as National Electric Power Regulatory Authority (Nepra) has rejected its tariff petition, citing non submi
Published 12 Mar, 2017 12:00am
Prospects of hydropower project in doubt

Prospects of hydropower project in doubt

The prospects of 545MW W Kaigah Hydropower Project proposed to be set up at Kandiah River, District Kohistan, Khyber Pakhtu-nkhwa (KPK), is in doubt as National Electric Power Regulatory Authority (Nepra) has rejected its tariff petition, citing non submi
Published 12 Mar, 2017 12:00am
Prospects of hydropower project in doubt

Prospects of hydropower project in doubt

The prospects of 545MW W Kaigah Hydropower Project proposed to be set up at Kandiah River, District Kohistan, Khyber Pakhtu-nkhwa (KPK), is in doubt as National Electric Power Regulatory Authority (Nepra) has rejected its tariff petition, citing non submi
Published 12 Mar, 2017 12:00am
Trade war will only bring 'pain': China

Trade war will only bring 'pain': China

China on Saturday warned the US against launching a trade war, saying that both countries would suffer if US President Donald Trump follows through on his threats. The billionaire politician has repeatedly accused China of using unfair trade policies to s
Published 12 Mar, 2017 12:00am
Trade war will only bring 'pain': China

Trade war will only bring 'pain': China

China on Saturday warned the US against launching a trade war, saying that both countries would suffer if US President Donald Trump follows through on his threats. The billionaire politician has repeatedly accused China of using unfair trade policies to s
Published 12 Mar, 2017 12:00am
Trade war will only bring ''pain'': China

Trade war will only bring ''pain'': China

China on Saturday warned the US against launching a trade war, saying that both countries would suffer if US President Donald Trump follows through on his threats. The billionaire politician has repeatedly accused China of using unfair trade policies to s
Published 12 Mar, 2017 12:00am
Beijing says industrial policy not aimed at foreign firms

Beijing says industrial policy not aimed at foreign firms

China on Saturday tried to downplay concerns it is reducing market access for foreign enterprises, days after a report by an EU group accused Beijing of trying to skew its business playing field towards domestic firms. The paper, released Tuesday by the E
Published 12 Mar, 2017 12:00am
Beijing says industrial policy not aimed at foreign firms

Beijing says industrial policy not aimed at foreign firms

China on Saturday tried to downplay concerns it is reducing market access for foreign enterprises, days after a report by an EU group accused Beijing of trying to skew its business playing field towards domestic firms. The paper, released Tuesday by the E
Published 12 Mar, 2017 12:00am
Beijing says industrial policy not aimed at foreign firms

Beijing says industrial policy not aimed at foreign firms

China on Saturday tried to downplay concerns it is reducing market access for foreign enterprises, days after a report by an EU group accused Beijing of trying to skew its business playing field towards domestic firms. The paper, released Tuesday by the E
Published 12 Mar, 2017 12:00am
Economic Corridor: FBR to grant tax exemption to Gwadar projects

Economic Corridor: FBR to grant tax exemption to Gwadar projects

The Federal Board of Revenue (FBR) has decided to grant exemption of taxes for projects related to Gwadar, including Gwadar International Airport, under China-Pakistan Economic Corridor (CPEC) project. Sources said here on Saturday that the issue of tax e
Published 12 Mar, 2017 12:00am
Economic Corridor: FBR to grant tax exemption to Gwadar projects

Economic Corridor: FBR to grant tax exemption to Gwadar projects

The Federal Board of Revenue (FBR) has decided to grant exemption of taxes for projects related to Gwadar, including Gwadar International Airport, under China-Pakistan Economic Corridor (CPEC) project. Sources said here on Saturday that the issue of tax e
Published 12 Mar, 2017 12:00am
Economic Corridor: FBR to grant tax exemption to Gwadar projects

Economic Corridor: FBR to grant tax exemption to Gwadar projects

The Federal Board of Revenue (FBR) has decided to grant exemption of taxes for projects related to Gwadar, including Gwadar International Airport, under China-Pakistan Economic Corridor (CPEC) project. Sources said here on Saturday that the issue of tax e
Published 12 Mar, 2017 12:00am
CoAS vows to ensure security for CPEC

CoAS vows to ensure security for CPEC

Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Headquarters of Special Security Division (SSD) responsible for security of Chinese on CPEC and non CPEC projects. The CoAS was given a detailed briefing on Integrated Security Mechanism led by
Published 12 Mar, 2017 12:00am
CoAS vows to ensure security for CPEC

CoAS vows to ensure security for CPEC

Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Headquarters of Special Security Division (SSD) responsible for security of Chinese on CPEC and non CPEC projects. The CoAS was given a detailed briefing on Integrated Security Mechanism led by
Published 12 Mar, 2017 12:00am
Revised Trump travel ban gets first legal blow

Revised Trump travel ban gets first legal blow

President Donald Trump's revamped travel ban faced another legal challenge Friday when the American Civil Liberties Union filed a complaint on behalf of several refugee assistance groups over the controversial executive order. The new directive, which tem
Published 12 Mar, 2017 12:00am
Revised Trump travel ban gets first legal blow

Revised Trump travel ban gets first legal blow

President Donald Trump's revamped travel ban faced another legal challenge Friday when the American Civil Liberties Union filed a complaint on behalf of several refugee assistance groups over the controversial executive order. The new directive, which tem
Published 12 Mar, 2017 12:00am
18th Amendment not implemented in true spirit: Rabbani

18th Amendment not implemented in true spirit: Rabbani

Senate Chairman Mian Raza Rabbani Saturday regretted that 18th Constitutional Amendment has not been implemented in its true spirit to ensure provincial autonomy and empower the Council of Common Interests (CCI) with a view to strengthening the federation
Published 12 Mar, 2017 12:00am
18th Amendment not implemented in true spirit: Rabbani

18th Amendment not implemented in true spirit: Rabbani

Senate Chairman Mian Raza Rabbani Saturday regretted that 18th Constitutional Amendment has not been implemented in its true spirit to ensure provincial autonomy and empower the Council of Common Interests (CCI) with a view to strengthening the federation
Published 12 Mar, 2017 12:00am
BJP wins surprise absolute majority in UP

BJP wins surprise absolute majority in UP

Narendra Modi's party won a landslide victory in India's most populous state on Saturday in a massive vote of confidence for the prime minister halfway into his first term. Modi's Hindu nationalist Bharatiya Janata Party won a surprise absolute majority i
Published 12 Mar, 2017 12:00am
BJP wins surprise absolute majority in UP

BJP wins surprise absolute majority in UP

Narendra Modi's party won a landslide victory in India's most populous state on Saturday in a massive vote of confidence for the prime minister halfway into his first term. Modi's Hindu nationalist Bharatiya Janata Party won a surprise absolute majority i
Published 12 Mar, 2017 12:00am
PM urges clerics to help foil anti-Islam propaganda

PM urges clerics to help foil anti-Islam propaganda

Prime Minister Nawaz Sharif has expressed his firm resolve to eliminate the menace of terrorism from the country by bringing all the miscreants and their facilitators to book with the help of ulema. While speaking at a seminar at Jamia Naeemia on Saturday
Published 12 Mar, 2017 12:00am
PM urges clerics to help foil anti-Islam propaganda

PM urges clerics to help foil anti-Islam propaganda

Prime Minister Nawaz Sharif has expressed his firm resolve to eliminate the menace of terrorism from the country by bringing all the miscreants and their facilitators to book with the help of ulema. While speaking at a seminar at Jamia Naeemia on Saturday
Published 12 Mar, 2017 12:00am
Dar meets PSX delegation

Dar meets PSX delegation

Minister for Finance Senator Ishaq Dar held a meeting with a delegation of Pakistan Stock Exchange (PSX) here on Saturday. Muneer Kamal, Chairman PSX who led the delegation was accompanied by Arif Habib, Yasin Lakhani and Amin Tai. The delegation apprised
Published 12 Mar, 2017 12:00am
Dar meets PSX delegation

Dar meets PSX delegation

Minister for Finance Senator Ishaq Dar held a meeting with a delegation of Pakistan Stock Exchange (PSX) here on Saturday. Muneer Kamal, Chairman PSX who led the delegation was accompanied by Arif Habib, Yasin Lakhani and Amin Tai. The delegation apprised
Published 12 Mar, 2017 12:00am
Dar meets PSX delegation

Dar meets PSX delegation

Minister for Finance Senator Ishaq Dar held a meeting with a delegation of Pakistan Stock Exchange (PSX) here on Saturday. Muneer Kamal, Chairman PSX who led the delegation was accompanied by Arif Habib, Yasin Lakhani and Amin Tai. The delegation apprised
Published 12 Mar, 2017 12:00am
Nike to debut a hijab for Muslim athletes

Nike to debut a hijab for Muslim athletes

Nike says it will launch next year a head covering for Muslim women, an athletic garment it has dubbed the "Pro Hijab." The company joins a short list of designers and apparel purveyors now making clothing expressly for Muslims, who comprise a quarter of
Published 12 Mar, 2017 12:00am
Nike to debut a hijab for Muslim athletes

Nike to debut a hijab for Muslim athletes

Nike says it will launch next year a head covering for Muslim women, an athletic garment it has dubbed the "Pro Hijab." The company joins a short list of designers and apparel purveyors now making clothing expressly for Muslims, who comprise a quarter of
Published 12 Mar, 2017 12:00am
Nike to debut a hijab for Muslim athletes

Nike to debut a hijab for Muslim athletes

Nike says it will launch next year a head covering for Muslim women, an athletic garment it has dubbed the "Pro Hijab." The company joins a short list of designers and apparel purveyors now making clothing expressly for Muslims, who comprise a quarter of
Published 12 Mar, 2017 12:00am
Second post-sanctions Airbus joins Iran fleet

Second post-sanctions Airbus joins Iran fleet

Iran received its second new Airbus plane Saturday under an order that Tehran placed last year after a partial lifting of international sanctions. The A330-200 landed in Tehran's Mehrabad airport to join national carrier Iran Air's fleet for long-haul fli
Published 12 Mar, 2017 12:00am
Second post-sanctions Airbus joins Iran fleet

Second post-sanctions Airbus joins Iran fleet

Iran received its second new Airbus plane Saturday under an order that Tehran placed last year after a partial lifting of international sanctions. The A330-200 landed in Tehran's Mehrabad airport to join national carrier Iran Air's fleet for long-haul fli
Published 12 Mar, 2017 12:00am
Second post-sanctions Airbus joins Iran fleet

Second post-sanctions Airbus joins Iran fleet

Iran received its second new Airbus plane Saturday under an order that Tehran placed last year after a partial lifting of international sanctions. The A330-200 landed in Tehran''s Mehrabad airport to join national carrier Iran Air''s fleet for long-haul f
Published 12 Mar, 2017 12:00am
Panamagate case: PPP's electoral prospects linked to SC verdict

Panamagate case: PPP's electoral prospects linked to SC verdict

Several PPP leaders have revealed that their perception is that a 'clean chit' to the Prime Minister by Supreme Court in the Panamagate case would vindicate PPP's stance; and if it does not give a 'clean chit' then it may lose its leverage in parliament.
Published 12 Mar, 2017 12:00am
Panamagate case: PPP's electoral prospects linked to SC verdict

Panamagate case: PPP's electoral prospects linked to SC verdict

Several PPP leaders have revealed that their perception is that a 'clean chit' to the Prime Minister by Supreme Court in the Panamagate case would vindicate PPP's stance; and if it does not give a 'clean chit' then it may lose its leverage in parliament.
Published 12 Mar, 2017 12:00am
Afghanistan complains against Pakistan at UNSC

Afghanistan complains against Pakistan at UNSC

Afghanistan's Permanent Representative in the United Nations, Mahmoud Saiqal has officially complained to the United Nations Security Council against "territorial integrity violations by Pakistan", the Afghan media reported on Saturday. Saiqal alleged tha
Published 12 Mar, 2017 12:00am
Afghanistan complains against Pakistan at UNSC

Afghanistan complains against Pakistan at UNSC

Afghanistan's Permanent Representative in the United Nations, Mahmoud Saiqal has officially complained to the United Nations Security Council against "territorial integrity violations by Pakistan", the Afghan media reported on Saturday. Saiqal alleged tha
Published 12 Mar, 2017 12:00am
Scientists grow potato under Mars-like conditions in Peru

Scientists grow potato under Mars-like conditions in Peru

Potatoes on Mars? Scientists are reporting promising results growing the tuber under conditions that mimic the Red Planet in an experiment in Peru linked to US space agency NASA "Preliminary results are positive," the International Potato Center (CIP) sai
Published 12 Mar, 2017 12:00am
Scientists grow potato under Mars-like conditions in Peru

Scientists grow potato under Mars-like conditions in Peru

Potatoes on Mars? Scientists are reporting promising results growing the tuber under conditions that mimic the Red Planet in an experiment in Peru linked to US space agency NASA "Preliminary results are positive," the International Potato Center (CIP) sai
Published 12 Mar, 2017 12:00am
Scientists grow potato under Mars-like conditions in Peru

Scientists grow potato under Mars-like conditions in Peru

Potatoes on Mars? Scientists are reporting promising results growing the tuber under conditions that mimic the Red Planet in an experiment in Peru linked to US space agency NASA "Preliminary results are positive," the International Potato Center (CIP) sai
Published 12 Mar, 2017 12:00am
Scientists grow potato under Mars-like conditions in Peru

Scientists grow potato under Mars-like conditions in Peru

Potatoes on Mars? Scientists are reporting promising results growing the tuber under conditions that mimic the Red Planet in an experiment in Peru linked to US space agency NASA "Preliminary results are positive," the International Potato Center (CIP) sai
Published 12 Mar, 2017 12:00am
Intruder arrested after breaching White House grounds

Intruder arrested after breaching White House grounds

An intruder with a backpack was arrested after breaching the White House grounds while US President Donald Trump was there, US media said Saturday. After scaling a fence, the suspect was arrested by the US Secret Service after the late Friday incident in
Published 12 Mar, 2017 12:00am
Intruder arrested after breaching White House grounds

Intruder arrested after breaching White House grounds

An intruder with a backpack was arrested after breaching the White House grounds while US President Donald Trump was there, US media said Saturday. After scaling a fence, the suspect was arrested by the US Secret Service after the late Friday incident in
Published 12 Mar, 2017 12:00am
Opponents of South Korea's ousted Park call for her arrest

Opponents of South Korea's ousted Park call for her arrest

Opponents of South Korea's ousted leader, Park Geun-hye, demanded on Saturday that she be arrested a day after she was thrown out of office over a corruption scandal involving the country's conglomerates. Park's critics said they would rally in central Se
Published 12 Mar, 2017 12:00am
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