News Archives for Latest - 2017-03-15

General News

Govt to ensure removal of blasphemous material from Facebook: Nisar

ISLAMABAD: Minister for Interior Chaudhry Nisar Ali Khan on Wednesday said the government was determined to use every option to remove blasphemous material from Facebook and other social media websites.

Published 15 Mar, 2017 11:22pm

World Top News

Hawaii judge freezes Trump's revamped travel ban: court

HONOLULU: A federal judge in Hawaii halted President Donald Trump's revised travel ban Wednesday, hours before it was due to take effect, court documents showed.

Published 15 Mar, 2017 11:21pm

Front Top News

Pakistan holds good relations with Islamic countries: Asif

ISLAMABAD: Minister for Defence Khawaja Muhammad Asif Wednesday said that Pakistan had good relations with all the Islamic countries.

Published 15 Mar, 2017 11:20pm

World Top News

Wall Street sees 2 more Fed rate hikes in 2017, at least 3 in 2018

NEW YORK: Wall Street's top banks see two additional interest rate rises this year from the Federal Reserve and most expect at least three more in 2018, a Reuters poll showed Wednesday after the US central bank lifted rates for the second time in three mo

Published 15 Mar, 2017 11:08pm

Commodities

Brazil to organize auction for roasters to buy local robusta coffee

SAO PAULO: Brazil's food supply agency Conab on Wednesday said it will organize an auction to allow coffee processors to bid for locally produced robusta beans, as the government tries to help roasters and instant coffee producers find supplies of the bea

Published 15 Mar, 2017 11:02pm

Industry

Alitalia pledges return to profit by end-2019 through heavy cuts

MILAN: Alitalia airline expects to return to profit by the end of 2019 by cutting operating and labour costs by 1 billion euros ($1.

Published 15 Mar, 2017 10:57pm

Financial

South Korea won firm after Fed rate hike, will act if needed

SEOUL: The South Korean won has firmed in addition to other key currencies after the Federal Reserve decided to raise US interest rates, the country's vice finance minister said on Thursday, adding Seoul will act to stabilise markets if necessary.

Published 15 Mar, 2017 10:52pm

World

Moody's revises Brazil outlook to 'stable' on economic hope

SAO PAULO: Moody's Investors Service on Wednesday revised upward the ratings outlook for Brazil's sovereign rating to stable from negative, saying Latin America's largest economy was poised to exit its deepest recession on record.

Published 15 Mar, 2017 10:51pm

Europe

EU's Juncker hails Dutch 'vote against extremists'

BRUSSELS: EU Commission chief Jean-Claude Juncker on Wednesday hailed a "vote against extremists" after Netherlands Prime Minister Mark Rutte appeared to beat far-right rival Geert Wilders in elections, his spokesman said.

Published 15 Mar, 2017 10:40pm

World Top News

Pentagon chief says climate change threatens security: report

WASHINGTON: Unlike some in the Trump administration, Defence Secretary Jim Mattis believes climate change is real and that it poses a threat to international security, according to a US media report.

Published 15 Mar, 2017 10:29pm

Europe

Angelina Jolie appeals for commitment to imperfect UN

GENEVA: UN refugee agency special envoy Angelina Jolie made an impassioned plea on Wednesday for internationalism in the face of wars driving people from their homes and a "rising tide of nationalism masquerading as patriotism".

Published 15 Mar, 2017 10:26pm

Energy

Iran oil output to reach 4mn bpd by April 20

BEIRUT: Iran's oil production will reach four million barrels per day (bpd) by April 20, deputy oil minister Ali Kardor said in an interview published on Wednesday in the Seda weekly magazine.

Published 15 Mar, 2017 10:21pm

North America

Trump suggests more information coming about wiretap claim

WASHINGTON: President Donald Trump suggested more information would be coming out soon about his claim that former President Barack Obama ordered a wiretap of Trump Tower during the 2016 presidential campaign.

Published 15 Mar, 2017 10:18pm

Financial

Wall St rallies as Fed raises rates, stays course

NEW YORK: US stocks rose sharply on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected, but did not flag any plan to accelerate the pace of monetary tightening.

Published 15 Mar, 2017 10:17pm

Industry

Wells Fargo CEO receives pay bump despite sales scandal

NEW YORK: Wells Fargo & Co's board of directors awarded Chief Executive Timothy Sloan $12.

Published 15 Mar, 2017 10:16pm

General News

Sindh Govt imposes ban on transfer, posting due to Census

KARACHI: Sindh Government has imposed ban on transfer and posting of officers and staffers assigned in the ongoing process of census in the country.

Published 15 Mar, 2017 09:56pm

Pakistan Top News

President urges nation to extend full cooperation in 6th national census

ISLAMABAD: President Mamnoon Hussain has urged the nation to extend full cooperation for the successful holding of 6th national housing and population census, which started on Wednesday.

Published 15 Mar, 2017 09:55pm

General News

NAB raids office of Education Department

MIRPURKHAS: A team of National Accountability Bureau on Wednesday raided the office of District Education Officer Mirpurkhas and seized the official record.

Published 15 Mar, 2017 09:54pm

General News

NA body recommends to keep agri credit interest rate at single digit

ISLAMABAD: The National Assembly Standing Committee on Finance recommended on Wednesday to bring down the interest rate on agriculture loans by Zarai Taraqiati Bank (ZTBL) to single digit.

Published 15 Mar, 2017 09:53pm

General News

Motor Vehicles Amendment Bill approved with revised compensation rates

KARACHI: Governor Sindh, Muhammad Zubair here on Wednesday endorsed the Motor Vehicles (Amendment) Bill 2015 with revised claim amount for victims of road traffic.

Published 15 Mar, 2017 09:53pm

Business & Economy

CPEC to help promote regional trade: RCCI

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) President Raja Amer Iqbal on Wednesday said trade ties with Central Asian Republics, including Kyrgyzstan, were imperative to boost exports.

Published 15 Mar, 2017 09:52pm

Front Top News

Indian Parliamentary delegation calls on Speaker NA

ISLAMABAD: Speaker National Assembly, Sardar Ayaz Sadiq Wednesday said that elected representatives of Pakistan and India had a responsibility to build strong and meaningful relations between two neighbouring countries.

Published 15 Mar, 2017 09:52pm

General News

Census will help for future planning

KARACHI: Sindh Food Minister Nisar Ahmad Khuhro has said that, the Census after two decades in country will help in foture planning for the country.

Published 15 Mar, 2017 09:51pm

General News

CPEC provides vast connectivity with outside world: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has that the CPEC is not simply a road from China to Gwadar but it has a vast connectivity with other projects of One-belt-One road.

Published 15 Mar, 2017 09:51pm

North America

Winter storm paralyzes eastern Canada, six dead

MONTREAL: A blizzard moving north from the United States caused car pileups and school closures, and left six dead as heavy snow and powerful winds paralyzed eastern Canada on Wednesday.

Published 15 Mar, 2017 09:39pm

Arts

Spain's Prado museum gets new director

MADRID: Spain's Prado art museum, home to masterpieces by Francisco Goya and Diego Velazquez, on Wednesday appointed Italian Renaissance specialist Miguel Falomir as its director as the world-renowned gallery nears its bicentenary.

Published 15 Mar, 2017 09:34pm

North America

US ready to quit UN rights group if no reform

UNITED NATIONS: US Secretary of State Rex Tillerson has told rights groups that the United States will quit the UN Human Rights Council unless it undergoes "considerable reform," according to a letter obtained by AFP on Wednesday.

Published 15 Mar, 2017 09:33pm

Europe

Turkey threatens EU on migrant deal as Erdogan blasts 'spirit of fascism'

ISTANBUL: Turkey on Wednesday threatened to scrap a critical deal on halting the flow of migrants to the EU amid a spiralling war of words between Ankara and the bloc.

Published 15 Mar, 2017 09:32pm

Industry

Renault chiefs implicated in decades-long emissions fraud: probe

PARIS: Renault has cheated for more than 25 years on pollution tests for diesel and petrol engines with the knowledge of top management, according to a report by French fraud investigators obtained Wednesday by AFP.

Published 15 Mar, 2017 09:32pm

Sports

Tennis: Nishikori into Indian Wells quarter-finals

INDIAN WELLS: Fourth-seeded Kei Nishikori of Japan reached the quarter-finals of the ATP Indian Wells Masters for the second straight year on Wednesday with a 6-2, 6-4 victory over Donald Young.

Published 15 Mar, 2017 09:31pm

Europe

Dutch PM wins most seats, far-right shares second place: exit polls

THE HAGUE: The Liberal party of Dutch Prime Minister Mark Rutte was set to win the most seats in Wednesday's elections, forcing far-right Geert Wilders into second place along with two other parties, exit polls predicted.

Published 15 Mar, 2017 09:30pm

Middle East

Bombs rock Damascus as war enters seventh year

DAMASCUS: Two suicide bombings hit the Syrian capital Damascus on Wednesday, including an attack at a central courthouse that killed at least 32 people, as the country's war entered its seventh year.

Published 15 Mar, 2017 09:30pm

General News

Democracy derives strength from Parliament: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb Wednesday said that strong provincial assemblies were sine qua non for a tensile democracy and only the strong federating units could build a strong federa

Published 15 Mar, 2017 09:26pm

Financial

US stocks gain on higher oil prices, Fed decision

NEW YORK: Wall Street stocks advanced Wednesday as oil prices jumped and the US Federal Reserve hiked the key lending rate while signaling it still sees a gradual pace for additional increases.

Published 15 Mar, 2017 09:24pm

North America

Guatemala appoints new welfare minister after fire tragedy

GUATEMALA CITY: Guatemalan President Jimmy Morales presented a new social welfare minister Wednesday after her predecessor's arrest following a fire in a children's shelter that killed 40 teenage girls.

Published 15 Mar, 2017 09:21pm

Movies & Music

Female celebrities take action over hacked images

LOS ANGELES: Movie stars Emma Watson and Amanda Seyfried launched legal action Wednesday after private pictures were stolen and posted online, while Mischa Barton spoke of her anguish over a leaked sex tape.

Published 15 Mar, 2017 09:20pm

General News

Holding population census on credit of PML-N govt: Khurram

ISLAMABAD: Minister for Commerce Engineer Khurram Dastgir Wednesday said credit for holding 6th population census in the country went to the Pakistan Muslim League Nawaz (PML-N) government.

Published 15 Mar, 2017 09:09pm

Commodities

European vegoils-Palm oil up on El Nino weather worries

ROTTERDAM: Palm oil on the European vegetable oils market was firmer on Wednesday because of worries that a potential El Nino weather pattern could return this year, causing dryness which could cut palm fruit yields.

Published 15 Mar, 2017 09:07pm

Commodities

CBOT wheat rises 1.2 percent

CHICAGO: US wheat futures rose on Wednesday amid hopes that export demand for US supplies as recent market losses have made prices more competitive with global offerings, traders said.

Published 15 Mar, 2017 09:06pm

Europe

EU Commission plans cutting fees on non-euro cross-border payments

BRUSSELS: The European Commission will propose rules by the end of 2017 to cut retail fees imposed on cross-border payments made inside the EU with currencies other than the euro, according to a draft document of planned regulatory changes to consumer fin

Published 15 Mar, 2017 08:53pm

World Top News

CPEC to promote regional connectivity, enhance trade & commerce: Mamnoon

KARACHI: President Mamnoon Hussain Wednesday said that China-Pakistan Economic Corridor (CPEC) was a landmark project that would change the destiny of the region and would emerge as an example at international level.

Published 15 Mar, 2017 08:46pm

Commodities

European feeds-Soymeal falls further on bumper South American crop

ROTTERDAM: Soymeal on the European meals and feeds market continued to weaken on Wednesday on the outlook for a bumper South American soybean crop.

Published 15 Mar, 2017 08:44pm

General News

Marriyum, Tajik envoy discuss bilateral ties

ISLAMABAD: Pakistan and Tajikistan need to use their old historical common roots and cultural bond to strengthen bilateral relations and to translate them into enhanced cooperation in a broad spectrum of areas.

Published 15 Mar, 2017 08:43pm

Financial

Mexico peso hits strongest level since Trump win after Fed hike

MEXICO CITY: The Mexican peso gained more than 1.

Published 15 Mar, 2017 08:38pm

General News

Seminaries bastion of Islam, giving education to 2.9 mn students: Fazl

NOWSHERA: Chief of Jamiat Ulema-e-Islam (JUI-F), Moulana Fazl-ur-Rehman Wednesday said that seminaries were the bastion of Islam and imparting religious and contemporary education to 2.

Published 15 Mar, 2017 08:33pm

General News

CM claims making KP police apolitical, efficient, service delivery oriented

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Pervez Khattak Wednesday said that revamping the institutions and putting them at place of a flawless system had always been remained a hard task to do and the provincial government never compromised on revampi

Published 15 Mar, 2017 08:31pm

Pakistan Top News

Gwadar port gateway of CPEC; to change destiny of Balochistan people: PM

GWADAR: Prime Minister Muhammad Nawaz Sharif Wednesday said that Gwadar Port was the gateway of China Pakistan Economic Corridor (CPEC) and it would change the destiny of the people of Balochistan.

Published 15 Mar, 2017 08:27pm

Commodities

CBOT corn closes higher for second straight day

CHICAGO: US corn futures firmed on Wednesday, notching their second straight positive close, as recent weakness that pushed prices to their lowest in a 1-1/2 months sparked buying interest on the export market, traders said.

Published 15 Mar, 2017 08:27pm

Front Top News

Pakistan keen to further expand economic ties with US: Dar

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar Wednesday said that Pakistan was keen to further expand economic ties with the US to explore opportunities for generating jobs and realize the full economic potential of relationship between the two

Published 15 Mar, 2017 08:18pm

Financial

Wall St up as Fed raises rates, flags no changes to path

NEW YORK: US stocks hit session highs in afternoon trading on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected.

Published 15 Mar, 2017 08:16pm

Commodities

Egypt's ESIIC seeking 50,000 tonnes of raw sugar

DHABI: Egypt's state buyer, the Sugar and Integrated Industries Company (ESIIC), is seeking 50,000 tonnes of raw sugar in a tender, traders said on Wednesday.

Published 15 Mar, 2017 08:12pm

Money & Banking

Fed hike puts sand in economy's consumer engine

WASHINGTON: The latest Federal Reserve rate hike could slow the consumer engine driving the US economy.

Published 15 Mar, 2017 08:11pm

Managed Funds

Yields plunge after Fed hikes rates, sticks to outlook

NEW YORK: US Treasury yields plummeted on Wednesday after the Federal Reserve raised interest rates for the second time in three months as expected, but did not flag any plan to accelerate the pace of monetary tightening.

Published 15 Mar, 2017 08:08pm

North America

Senate confirms Trump intelligence nominee, security adviser

WASHINGTON: The US Senate voted overwhelmingly on Thursday to confirm former Republican Senator Dan Coats to be President Donald Trump's director of national intelligence and to approve Army Lieutenant General H.

Published 15 Mar, 2017 07:55pm

Financial

Dollar falls to two-week low after Fed says rate hike pace seen gradual

NEW YORK: The dollar dropped to two-week lows on Wednesday, after the Federal Reserve raised interest rates as expected but did not signal a faster pace of monetary tightening this year.

Published 15 Mar, 2017 07:48pm

Football

Football: Torres made to wait for Atletico return

MADRID: Fernando Torres was made to wait for his return to action by Diego Simeone as the former Spanish international was named among Atletico Madrid's substitutes for Wednesday's Champions League last 16, second leg against Bayer Leverkusen.

Published 15 Mar, 2017 07:47pm

World

US retail sales weakest in six months, inflation firming

WASHINGTON: US retail sales recorded their smallest gain in six months in February amid delays in tax refunds, but the biggest rise in the annual inflation rate in nearly five years pointed to rising price pressures that could support further interest rat

Published 15 Mar, 2017 07:44pm

North America

Senate approves Coats as US director of national intelligence

WASHINGTON: President Donald Trump's national security team was finally completed Wednesday when former senator Dan Coats gained final approval in Congress as director of national intelligence.

Published 15 Mar, 2017 07:40pm

Cricket

Cricket: Ronchi replaces banned Sharjeel at Leicestershire

LONDON: New Zealand's Luke Ronchi is to replace Sharjeel Khan as one of Leicestershire's overseas players in English county cricket's Twenty20 Blast following the Pakistan batsman's domestic suspension for match-fixing, it emerged Wednesday.

Published 15 Mar, 2017 07:36pm

Money & Banking

Currency investors tread gingerly on SNB soft floor

LONDON: With the Swiss National Bank's foreign currency reserves at record highs, investors are growing anxious about its ability to keep the Swiss franc from appreciating further against the euro, amid heightened political risk in Europe.

Published 15 Mar, 2017 07:30pm

Financial

Stocks strengthen, dollar fades as Fed sees gradual tightening

NEW YORK: US stocks pushed higher on Wednesday, while Treasury yields fell and the dollar weakened, after the Federal Reserve raised interest rates for the second time in three months but did not flag any plan to accelerate the pace of monetary tightening

Published 15 Mar, 2017 07:26pm

Money & Banking

Saudi central bank raises reverse repo rate, keeps repo flat

DUBAI: Saudi Arabia's central bank said on Wednesday that it had raised its reverse repo rate, the rate at which commercial banks deposit money with the central bank, by 25 basis points to 1.

Published 15 Mar, 2017 07:26pm

Financial

Indian stocks hit record high, rupee rallies on Modi state election win

MUMBAI/BENGALURU: India's NSE index rose as much as 2.

Published 15 Mar, 2017 04:47pm

Financial

Indian rupee hits 16-mth high, bonds rally most in 2 weeks ahead of Fed

MUMBAI: The Indian rupee hit a 16-month peak against the dollar and bonds rallied the most in two weeks on Wednesday on hopes of a less hawkish tone on interest rates by the U.

Published 15 Mar, 2017 04:45pm

Financial

Sri Lankan rupee ends weaker; bond sale may ease downward drift

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday due to importer dollar demand, dealers said, but the market expected pressure on the currency to ease after the government raised nearly $1 billion via a bond auction.

Published 15 Mar, 2017 04:34pm

Commodities

Gold inches up ahead of US Fed rate rise clues

LONDON: Gold prices edged up on Wednesday as the market waited for more clues on how many times the US Federal Reserve will raise interest rates this year and on uncertainty over the outcome of Dutch elections.

Published 15 Mar, 2017 04:32pm

Europe

UK's Hammond forced into U-turn on jobs tax after party revolt

LONDON: British finance minister Philip Hammond announced a tax policy U-turn on Wednesday, scrapping a planned rise in an employment levy announced in a budget just a week ago following criticism that the measure breached his party election promises.

Published 15 Mar, 2017 04:18pm

Financial

Gulf markets mixed but banks buoy Saudi

DUBAI: Gulf stock markets were mixed on Wednesday but Saudi Arabia was boosted by banks after credit rating agency Moody's raised its outlook for the kingdom's banking system to "stable" from "negative".

Published 15 Mar, 2017 04:17pm

Financial

C$ strengthens ahead of Fed decision as oil rallies

TORONTO: The Canadian dollar strengthened on Wednesday against its US counterpart as oil prices rallied, but gains for the loonie were restrained ahead of a potential Federal Reserve interest rate hike.

Published 15 Mar, 2017 04:15pm

Commodities

Copper climbs for fourth session on dollar, supply issues

LONDON: Copper gained on Wednesday for the fourth straight session, bolstered by a weaker dollar and continuing supply problems including stoppages at the world's two biggest mines of the metal.

Published 15 Mar, 2017 04:13pm

North America

Trump, Saudi deputy crown prince discuss new economic deal: White House

WASHINGTON: US President Donald Trump and Saudi Deputy Crown Prince Mohammed bin Salman discussed opportunities for new economic programs and investments between the two countries during a meeting on Tuesday, the White House said.

Published 15 Mar, 2017 04:12pm

Financial

Dollar slips as markets await Fed rate outlook

NEW YORK: The dollar edged lower on Wednesday, as investors awaited a widely-expected interest rate increase from the Federal Reserve, but grew cautious about the rate outlook this year given lingering uncertainty with the Trump administration's fiscal po

Published 15 Mar, 2017 04:07pm

Energy

Oil rebounds off lows as US inventories ease off record high

NEW YORK: Oil prices rose more than 1 percent Wednesday, lifted by a surprise drawdown in US crude inventories and data from the International Energy Agency (IEA) suggesting OPEC cuts should create a crude deficit in the first half of 2017.

Published 15 Mar, 2017 04:06pm

Managed Funds

Short-term yields hit multi-year highs ahead of Fed

NEW YORK: The US Treasury yield curve flattened on Wednesday, with two-year yields touching their highest since mid-2009 and long-dated yields falling, as investors braced for a Federal Reserve rate increase and the potential for a more aggressive pace of

Published 15 Mar, 2017 04:06pm

Financial

Investors focus on expected Fed hike, oil rebounds

NEW YORK: Financial markets braced for what was expected to be a U.

Published 15 Mar, 2017 04:03pm

Pakistan

NA Speaker calls for negotiated settlement of Pakistan-India issues

ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq has said that interactions and dialogue at all levels between Pakistan and India can play a pivotal role in strengthening bilateral ties between the two countries and establishing peace in the region.

Published 15 Mar, 2017 04:01pm

Front Top News

Nisar seeks global cooperation in counter-terrorism fight

ISLAMABAD: Interior Minister Chaudhry Nisar Ali Khan has said that mistrust and blame games are counterproductive for regional peace.

Published 15 Mar, 2017 03:58pm

Business & Finance

PSL II sets new standards for Digital Entertainment, DRM in Pakistan

The Pakistan Super League (PSL) has undeniably been a gigantic success for brand Pakistan- both locally and internationally.

Published 15 Mar, 2017 02:57pm

Pakistan Top News

Pakistan pursuing objectives of non-proliferation, intl security: Fatemi

ISLAMABAD: Special Assistant to Prime Minister on Foreign Affairs Syed Tariq Fatemi has said that Pakistan is a strong, capable and committed partner of world community in pursuing objectives of non-proliferation and regional and international security.

Published 15 Mar, 2017 02:25pm

Cricket

Sri Lanka 238-7 at stumps against Bangladesh

COLOMBO: Sri Lanka were 238-7 at stumps on the opening day of the second Test against Bangladesh in Colombo on Wednesday.

Published 15 Mar, 2017 01:53pm

Middle East

Suicide bomber kills 25 at Damascus courthouse: state media

DAMASCUS: A suicide bomber attacked a courthouse in the centre of the Syrian capital on Wednesday, killing at least 25 people and wounding others, state media reported.

Published 15 Mar, 2017 01:42pm

Front Top News

Electoral reforms to be in place before next general elections, NA told

ISLAMABAD: The National Assembly was informed on Wednesday that ninety-one discoveries of oil and gas have been made during the tenure of present government which is a record.

Published 15 Mar, 2017 01:39pm

Pakistan

PTI failed to bring change in KP: Daniyal Aziz

ISLAMABAD: Member National Assembly of Pakistan Muslim League Nawaz (PML-N) Daniyal Aziz has said Pakistan Tehreek-i-Insaf (PTI) had failed to bring any change in Khyber Pakhtunkhwa where it was in power.

Published 15 Mar, 2017 01:34pm

Financial

Focus firmly on Fed, oil pulls out of dive

LONDON: Markets focused on what is expected to be a third rise in US interest rates since the financial crisis later on Wednesday, while there was also relief in commodity markets as oil pulled out of a six-day dive.

Published 15 Mar, 2017 01:32pm

Financial

European stocks steady with eyes on Fed, Dutch vote

LONDON: European stock markets flatlined on Wednesday before a widely expected Federal Reserve interest rate hike, while Dutch voters head to the polls.

Published 15 Mar, 2017 01:06pm

General News

Governor lauds Bohri community for its contribution to Karachi

KARACHI: Governor of Sindh, Muhammad Zubair here on Wednesday lauded role played by the members of Bohra community in the economic and social development of Karachi.

Published 15 Mar, 2017 12:35pm

Cricket

After Irfan, PCB tightens screws on Nasir Jamshed

The Pakistan Cricket Board (PCB) has reportedly shifted its attention towards Nasir Jamshed, as it was learnt that the board was keeping a close watch on the former batsman, who was a key player in the spot fixing scandal that emerged during the second ed

Published 15 Mar, 2017 12:34pm

Markets

Fruit, vegetable prices remain stable

ISLAMABAD: Prices of fruits and vegetables overall remained stable with minor fluctuation in some items here at Kohsar Market, Super Market and Jinnah Super Market.

Published 15 Mar, 2017 12:34pm

Pakistan Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Thursday, until mid day, KSE-100 Index was at 48636.

Updated 15 Mar, 2017 12:20pm

Cricket

Umar Akmal fails fitness test as Pakistan announce squad for WI tour

Pakistan senior batsman Umar Akmal has failed to pass the fitness test set by Pakistan Cricket Board (PCB).

Updated 15 Mar, 2017 12:07pm

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Wednesday having 48305.

Published 15 Mar, 2017 11:52am

Industries & Sectors

Govt to ensure uninterrupted LNG supplies to avoid power crisis: Shahid Khaqan

ISLAMABAD: Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Wednesday said the government had instructed the ministry to ensure uninterrupted fuel supplies to WAPDA, HUBCO and KAPCO to avoid power crisis in the country.

Published 15 Mar, 2017 11:40am

General News

'Subai-Pakistan project' launched for provincial assemblies

ISLAMABAD: A high-level launch of the three year EU-funded Subai-Pakistan project was hosted by Ambassador of European Union to Pakistan Jean-Francois Cautain.

Published 15 Mar, 2017 11:38am

Featured Photos

The Papyrus Boat 'Ra' by Leif Engberg

Photo Credit: Leif Engberg%D%AMy name is Leif Engberg and has been a photographer at the Daily News for 35 years.

Published 15 Mar, 2017 11:26am

Front Top News

SC moved to initiate treason trial against Haqqani, Zardari, Gilani

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) leader Zafar Ali Shah filed a petition in the Supreme Court on Wednesday, urging it to initiate a treason trial against top leadership of PPP in the wake of Hussain Haqqanis controversial op-ed published in

Published 15 Mar, 2017 11:08am

Featured Photos

Anachronism by Anthony Suau

Photo Credit: Anthony Suau%Dnthony Suau (Peoria, Illinois, USA, 1956) has dedicated his career to documenting the effects of international events on the lives of people around the world.

Published 15 Mar, 2017 11:08am

General News

Pakistan playing major role in the ongoing war against terrorism: Governor

KARACHI: Pakistan is playing a leading role in the ongoing global war against terrorism, said Governor of Sindh, Muhammad Zubair here on Wednesday.

Published 15 Mar, 2017 10:59am

Financial

European stocks rise with eyes on Fed, Dutch vote

LONDON: Europe's main stock markets advanced Wednesday as dealers positioned themselves for a likely Federal Reserve rate hike, while Dutch voters head to the polls.

Published 15 Mar, 2017 10:41am

Industry

Total starts production at Congo's Moho Nord oil field

PARIS: French oil giant Total said Wednesday it has started production at the Moho Nord offshore oil field in Congo, the African country's biggest oil development to date.

Published 15 Mar, 2017 10:39am

Cricket

India's Manohar quits as ICC chairman

NEW DELHI: India's Shashank Manohar resigned Wednesday as chairman of the International Cricket Council after a fallout with his own board over efforts to reform the game's world governing body.

Published 15 Mar, 2017 10:37am

Energy

Global oil supplies up, but OPEC abides by output cut: IEA

PARIS: OPEC countries are complying with a landmark deal to reduce a worldwide glut in oil, but global supplies nevertheless increased in February, the International Energy Agency said on Wednesday.

Published 15 Mar, 2017 10:35am

Featured Photos

Aftermath Of The Gulf War by Steve McCurry

Photo Credit: Steve McCurry%Dfter graduating from Pennsylvania University, Steve McCurry worked at a newspaper for two years and then left the United States to freelance on the Indian subcontinent.

Published 15 Mar, 2017 10:34am

Front Top News

No military Brigade sent to Saudi Arabia: Khawaja Asif

ISLAMABAD: Minister for Defence Khawaja Muhammad Asif on Wednesday categorically rejected the reports about sending any military personnel to Saudi Arabia for participating in ongoing Saudi-Yemen conflict.

Updated 15 Mar, 2017 10:34am

Europe

Top Twitter accounts hacked by Erdogan supporters

PARIS: Several top Twitter accounts, including those of a German football club, a French ministry and BBC North America, were defaced Wednesday by pro-Turkish hackers with a message slamming "Nazi Germany" and "Nazi Holland".

Published 15 Mar, 2017 10:33am

Front Top News

Justice Ahmed Ali Sheikh takes oath as CJ SHC

KARACHI: Justice Ahmed Ali M.

Published 15 Mar, 2017 10:32am

World

British unemployment hits 41-year low

LONDON: Britain's unemployment rate has struck the lowest level for more than 41 years, official data showed on Wednesday as the country prepares to trigger its exit from the EU.

Published 15 Mar, 2017 10:31am

Europe

G20 finance ministers to meet under America First shadow

BERLIN: Finance ministers from the world's top nations gather in Germany Friday as fears grow that US President Donald Trump could upend the global economic order with his America First policy.

Published 15 Mar, 2017 10:29am

World

Top Japan firms hike wages at slowest pace in years

TOKYO: Some of Japan's top companies announced their lowest wage hikes in years on Wednesday, marking the latest challenge for Tokyo's bid to boost spending and the economy.

Published 15 Mar, 2017 10:27am

Featured Photos

Mountain Of Hell by Berthold Steinhilber

Photo Credit: Berthold Steinhilber%Derthold Steinhilber, born in 1968, is a photographer based in Stuttgart, Germany.

Published 15 Mar, 2017 10:25am

Technology

Child born in Multan with heart on the outside

An infant with the most bizarre of anomalies was born with his heart outside his chest in Multan. %D%A%D%A

Published 15 Mar, 2017 10:24am

Front Top News

Pakistan, Afghanistan to hold high level talks in London

ISLAMABAD: Senior Pakistani and Afghan officials are scheduled to meet in London on Wednesday to ease the current tensions, Chinas Xinhua news agency reported.

Published 15 Mar, 2017 09:59am

Featured Photos

Juveniles Behind Bars In Sierra Leone

Photo Credit: Fernando Moleres%Dernando Moleres was born in Bilbao, Spain in 1963.

Published 15 Mar, 2017 09:56am

Business & Economy

PMDC produced 1.59 megatonne coal, paid Rs1.896 bln taxes, dividends

ISLAMABAD: The Pakistan Mineral Development Corporation (PMDC) has produced around 4.

Published 15 Mar, 2017 09:55am

Front Top News

Balochistan HEC official kidnapped in Quetta

QUETTA: Balochistan Higher Education Secretary Abdullah Jan has been kidnapped in Quetta on Wednesday morning.

Published 15 Mar, 2017 09:51am

General News

Registered voters figure to cross 100 million by year end

ISLAMABAD: Number of registered voters in the country is expected to cross 100 million mark by the end of current year, the National Assembly was informed Wednesday during Question Hour.

Published 15 Mar, 2017 09:36am

Markets

PMEX commodity index closes at 2,992 points

KARACHI: Pakistan Mercantile Exchange Limited (PMEX) commodity index on Tuesday closed at 2,992 points.

Published 15 Mar, 2017 09:34am

Cricket

PSL sensation Raees reveals reason behind his unique celebration

Pakistan bowler Rumman Raees has emerged as one of the upcoming talents of the recently concluded Pakistan Super League (PSL).

Published 15 Mar, 2017 09:31am

Featured Photos

Chernobyl by Igor Kostin

Photo Credit: Igor Kostin%D%AIgor Kostin (Moldova, 1936) worked for 20 years as an industrial designer before becoming a photograper.

Published 15 Mar, 2017 08:49am

Featured Photos

Evolution Of Robotics by George Steinmetz

Photo Credit: George Steinmetz%D%ASince 1986, George has completed more than 40 major photo essays for National Geographic and 25 stories for GEO magazine in Germany.

Published 15 Mar, 2017 08:42am

Football

Federer, Nadal book 4th rd blockbuster, Djokovic advances

INDIAN WELLS: Rafael Nadal and Roger Federer booked a mouthwatering fourth-round clash at the ATP Indian Wells Masters on Tuesday, where five-time champion Novak Djokovic also advanced from the "group of death".

Published 15 Mar, 2017 08:41am

Asia

Chinese premier warns US against 'trade war'

BEIJING: Chinese Premier Li Keqiang on Wednesday warned the United States against starting a trade war while expressing optimism that the world's two largest economies could keep relations steady despite frictions in the Trump era.

Published 15 Mar, 2017 08:41am

Cricket

Australia batsman Voges, bowler Doherty retire

MELBOURNE: Late-blooming Australia batsman Adam Voges and spin bowler Xavier Doherty announced their retirement from international and state cricket at the end of the domestic Sheffield Shield season on Wednesday.

Published 15 Mar, 2017 08:38am

Football

No. 1 in waiting Kerber ousted at Indian Wells

INDIAN WELLS: Angelique Kerber won't celebrate her return to world number one with an Indian Wells title after a shock fourth-round exit Tuesday at the hands of Elena Vesnina.

Published 15 Mar, 2017 08:38am

Financial

Tokyo stocks close down, Fed rate decision in focus

TOKYO: Tokyo stocks fell Wednesday with energy firms down on weak oil prices as investors await the conclusion of a Federal Reserve meeting, while loss-hit Toshiba plunged on fears over its future.

Published 15 Mar, 2017 08:34am

Asia

Top US envoy begins Asia tour amid North Korea crisis

TOKYO: Washington's top diplomat was to fly into Tokyo on Wednesday to begin a first tour of Asian capitals under the shadow of North Korea's nuclear posturing.

Published 15 Mar, 2017 08:34am

Featured Photos

Aurora Borealis by Olivier Grunewald

Photo Credit: Olivier Grunewald%D%AOlivier Grunewald was born in Paris in 1959.

Published 15 Mar, 2017 08:31am

Industry

Hong Kong's Cathay Pacific suffers first loss in 8 years

HONG KONG: Hong Kong's troubled flagship airline Cathay Pacific on Wednesday posted its first annual loss since the height of the financial crisis as it was hit by "intense competition" and a drop in demand from business travellers.

Published 15 Mar, 2017 08:31am

Technology

Bearing kids may help you live longer

Whilst many young adults feel as if bearing kids would make their life more weary and maybe even wean years off their life, however a new study says otherwise; states having children may actually increase your life span.%D%A%D%A

Published 15 Mar, 2017 08:14am

Technology

Headphone batteries explode on flight to Australia

SYDNEY: A woman whose headphones caught fire on a plane suffered burns to her face and hands, Australian officials said Wednesday as they warned about the dangers of battery-operated devices in-flight.

Published 15 Mar, 2017 08:02am

Industry

Germany's EON clocks up record loss in 2016

BERLIN: German energy giant EON said Wednesday that it booked a record loss of 8.

Published 15 Mar, 2017 08:00am

Life & Style

Hong Kong goes crazy for Pakistani 'handsome' cop

The citizens of Hong Kong are in awe of a policeman of Pakistani descent, after the 20-year-old helped talk a man out of committing suicide.

Published 15 Mar, 2017 07:58am

General News

Indonesian Parliamentary Delegation calls on Fatemi

ISLAMABAD: A two-member delegation of Indonesian Parliament led by Mrs.

Published 15 Mar, 2017 07:35am

Pakistan Top News

Coopeartion of stakeholders, must for transparent census: Asif Bajwa

ISLAMABAD: Chief Statistician Asif Bajwa on Wednesday said a transparent census can only be successful with the cooperation and support of all stakeholders.

Published 15 Mar, 2017 07:34am

Industries & Sectors

Sale of aircraft engines: PIA decides to float separate tender

Muhammad Ali%D%A%D%AKARACHI: Pakistan International Airlines (PIA) has decided to float a separate tender for the sale of engines of all four grounded A-310 aircraft in order to generate an additional US$ 30 million approximately; it was learnt.

Published 15 Mar, 2017 07:31am

Business & Finance

PM Nawaz leaves for Gwadar to review CPEC projects

KARACHI: Prime Minister Nawaz Sharif left Karachi for Gwadar on Wednesday, where he will review progress on different developments projects.

Published 15 Mar, 2017 07:23am

Europe

Majority of Scottish voters reject independence: poll

LONDON: A wide majority of Scots reject independence, a new poll shows, days after Scottish nationalists caught British Prime Minister Theresa May off guard by revealing plans for a second independence referendum.

Published 15 Mar, 2017 07:23am

North America

Trump tax bill revealed in fresh leak

WASHINGTON: Donald Trump paid around $38 million in taxes in 2005, the White House acknowledged late Tuesday, as a handful of elusive details about the president's tax status were leaked to the US media.

Published 15 Mar, 2017 07:18am

General News

CPEC to create huge opportunities for development of GB

ISLAMABAD: Gilgit-Baltistan Chief Minister Hafiz Hafeez-ur-Rehman on Wednesday said that China Pakistan Economic Corridor (CPEC) would create huge opportunities for the development of Gilgit-Baltistan.

Published 15 Mar, 2017 07:16am

Pakistan Top News

Pakistan, US should work together to destroy ISIS: Ambassador Aizaz

WASHINGTON: Pakistan's new ambassador to the United States Aizaz Chaudhry has expressed the confidence that President Trump and his new administration will engage positively with Pakistan, saying the two nations have been partners for last seven decades a

Published 15 Mar, 2017 07:16am

Pakistan Top News

Three hardcore terrorists executed at Sahiwal Jail

RAWALPINDI: Three more hardcore terrorists, involved in committing heinous offences relating to terrorism, including attacks on Armed Forces and Law Enforcement Agencies on Wednesday were executed at High Security Prison Sahiwal.

Published 15 Mar, 2017 07:01am

Pakistan Top News

Pakistan, India entry into SCO to boost CPEC

BEIJING: Entry of Pakistan and India into the Shanghai Cooperation Organization (SCO) will hopefully bring new momentum to the development of the China-Pakistan Economic Corridor (CPEC) framework.

Published 15 Mar, 2017 06:55am

General News

PM arrives in Pasni to inspect road network

PASNI: Prime Minister Muhammad Nawaz Sharif on Wednesday arrived in Pasni to inspect the road network upto Gwadar.

Published 15 Mar, 2017 06:52am

Pakistan Top News

Security high as Pakistan launches first census in 19 years

PESHAWAR: Pakistan on Wednesday launched its first census in nearly two decades, with security high as thousands of enumerators backed by the military began the enormous, politically-charged count.

Published 15 Mar, 2017 06:50am

Commodities

Bangladesh tea prices rise, snap two weeks of declines

DHAKA: Tea prices in Bangladesh rose at the weekly auction on Tuesday, snapping two weeks of falls, on strong demand for quality leaf amid tight supplies.

Published 15 Mar, 2017 06:43am

Cricket

Misbah indicates retirement after Windies tour

Pakistan Test Captain Misbah-ul-Haq has hinted out that he might say farewell to cricket after the upcoming West Indies series, according to reports.

Published 15 Mar, 2017 06:38am

Oil and Gas

Power data: Detrimental delays

The provision of timely dissemination of data and reports is a practice that is much desired for industry assessment by market analysts and policymakers alike.

Published 15 Mar, 2017 05:42am

Automobile

Trucks revving it up

The trucking sector is garnering immense interest from everywherelocal and Chinese companies no question, but also European companies and Korean companiesand for good reason.

Published 15 Mar, 2017 05:42am

Miscellaneous

The great count

The population census beginning today comes at least nine years too late.

Published 15 Mar, 2017 05:42am

Banking

BankIslami takes good strides

Despite a tough acquisition of the defunct KASB Bank, BankIslami Pakistan Limited (BIPL) seems to be on the right track, as evident by CY16 financial results.

Published 15 Mar, 2017 05:41am

Security arrangements for Pakistan Day parade finalised

City police and Islamabad Capital Territory (ICT) Administration have further tightened security in the capital and decided to close seminaries, restaurants and guesthouses located within the five kilometres radius of the Parade ground as part of security