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Archive - 2017-03-24
Cute ideas!
Miscellaneous

Cute ideas!

Some ideas are cute, “only to be appreciated from a distance”, as one grey haired bureaucrat smilingly quipped last week
Updated 22 Jul, 2019 07:18am
Bike Cross by Craig Golding
Featured Photos

Bike Cross by Craig Golding

Bike cross Sports, first prize stories 1998 Bike cross. Australia has a climate conducive to out
Updated 25 Mar, 2017 06:07am
Archery In Australia by Craig Golding
Featured Photos

Archery In Australia by Craig Golding

Archery In Australia Sports, first prize stories 1998 Archery in Australia. Australia has a climate conducive to
Updated 25 Mar, 2017 05:46am
27 killed in south Yemen clashes
World Top News

27 killed in south Yemen clashes

ADEN: At least 20 rebels and seven soldiers were killed over the past 24 hours in ongoing fighting in southern
Published 24 Mar, 2017 05:17pm
Thatcher's Coup by Christopher Morris
Featured Photos

Thatcher's Coup by Christopher Morris

'Thatcher's Coup' Spot News, second prize stories 1990 A rally against the Poll Tax, introduced by Margare
Updated 24 Mar, 2017 12:52pm
Violence & Tear Gas by Anthony Suau
Featured Photos

Violence & Tear Gas by Anthony Suau

'Violence & Tear Gas' Spot News, first prize stories 00-06-1987 During weeks of violent anti
Updated 24 Mar, 2017 12:50pm
Artillery Shell by Mohammed Abed
Featured Photos

Artillery Shell by Mohammed Abed

'Artillery Shell' Spot News, third prize stories 4/1/2009 An artillery shell explodes in mid-air over Gaza
Published 24 Mar, 2017 12:45pm
Storm Troops by Edward Oppenheimer
Featured Photos

Storm Troops by Edward Oppenheimer

'Storm Troops' Spot News, second prize stories 1993 The power struggle between the legislature, led by Rus
Updated 24 Mar, 2017 12:18pm
Snooze-fest in the market
Stocks

Snooze-fest in the market

The stock market is in doldrums and the animal spirits seem to have subsided for now. After a huge run up from November
Updated 24 Mar, 2017 09:33am
White House says delayed healthcare vote to take place Friday

White House says delayed healthcare vote to take place Friday

The White House played down suggestions on Thursday that President Donald Trump had failed to close a deal to reform US healthcare, claiming the delay of a crucial vote did not spell substantive problems. A White House official said "the vote will be in t
Published 24 Mar, 2017 12:00am
Turkish minister heads to Switzerland in Europe row

Turkish minister heads to Switzerland in Europe row

Turkish Foreign Minister Mevlut Cavusoglu was heading to Switzerland on Thursday after having to call off a campaign appearance amongst diaspora voters, in a bitter row between Ankara and Europe. Relations between Turkey and Europe have been severely stra
Published 24 Mar, 2017 12:00am
PSP to launch protest drive against government from April 6

PSP to launch protest drive against government from April 6

Pak Sarzameen Party Chairman Syed Mustafa Kamal announced to launch a protest campaign against the government from April 6. He disclosed this during a public rally in the city on Thursday. It was the first anniversary for Kamal's PSP, which had been launc
Published 24 Mar, 2017 12:00am
UK parliament attacker named as British-born Khalid Masood

UK parliament attacker named as British-born Khalid Masood

The attacker who killed three people near parliament in London before being shot dead was named on Thursday as British-born Khalid Masood, who was once investigated by MI5 intelligence officers over concerns about violent extremism. Islamic State claimed
Published 24 Mar, 2017 12:00am
UK parliament attacker named as British-born Khalid Masood

UK parliament attacker named as British-born Khalid Masood

The attacker who killed three people near parliament in London before being shot dead was named on Thursday as British-born Khalid Masood, who was once investigated by MI5 intelligence officers over concerns about violent extremism. Islamic State claimed
Published 24 Mar, 2017 12:00am
President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President Mamnoon Hussain said Pakistan wanted peace and friendship with the whole world, specially with its neighbours, but India's irresponsible attitude and continuing violations of the Line of Control and Working Boundary have jeopardised peace of the
Published 24 Mar, 2017 12:00am
President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President Mamnoon Hussain said Pakistan wanted peace and friendship with the whole world, specially with its neighbours, but India's irresponsible attitude and continuing violations of the Line of Control and Working Boundary have jeopardised peace of the
Published 24 Mar, 2017 12:00am
President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President Mamnoon Hussain said Pakistan wanted peace and friendship with the whole world, specially with its neighbours, but India''s irresponsible attitude and continuing violations of the Line of Control and Working Boundary have jeopardised peace of th
Published 24 Mar, 2017 12:00am
President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President brings CPEC under the spotlight: 77th Pakistan Day celebrated

President Mamnoon Hussain said Pakistan wanted peace and friendship with the whole world, specially with its neighbours, but India''''s irresponsible attitude and continuing violations of the Line of Control and Working Boundary have jeopardised peace of
Published 24 Mar, 2017 12:00am
AIIB approves 13 new members

AIIB approves 13 new members

The China-backed Asian Infrastructure Investment Bank (AIIB) said Thursday it has approved 13 new prospective members including Canada, in a coup for Beijing after Washington failed to dissuade US allies from signing up. The Beijing-headquartered multilat
Published 24 Mar, 2017 12:00am
AIIB approves 13 new members

AIIB approves 13 new members

The China-backed Asian Infrastructure Investment Bank (AIIB) said Thursday it has approved 13 new prospective members including Canada, in a coup for Beijing after Washington failed to dissuade US allies from signing up. The Beijing-headquartered multilat
Published 24 Mar, 2017 12:00am
AIIB approves 13 new members

AIIB approves 13 new members

The China-backed Asian Infrastructure Investment Bank (AIIB) said Thursday it has approved 13 new prospective members including Canada, in a coup for Beijing after Washington failed to dissuade US allies from signing up. The Beijing-headquartered multilat
Published 24 Mar, 2017 12:00am
Eurozone banks jump on last chance for cheap ECB loans

Eurozone banks jump on last chance for cheap ECB loans

Banks rushed for a final round of cheap long-term loans from the European Central Bank, the Frankfurt institution said Thursday, as signs mount that the cost of money may soon rise. Some 474 banks borrowed a total of 233.5 billion euros ($252 billion) - a
Published 24 Mar, 2017 12:00am
Eurozone banks jump on last chance for cheap ECB loans

Eurozone banks jump on last chance for cheap ECB loans

Banks rushed for a final round of cheap long-term loans from the European Central Bank, the Frankfurt institution said Thursday, as signs mount that the cost of money may soon rise. Some 474 banks borrowed a total of 233.5 billion euros ($252 billion) - a
Published 24 Mar, 2017 12:00am
Eurozone banks jump on last chance for cheap ECB loans

Eurozone banks jump on last chance for cheap ECB loans

Banks rushed for a final round of cheap long-term loans from the European Central Bank, the Frankfurt institution said Thursday, as signs mount that the cost of money may soon rise. Some 474 banks borrowed a total of 233.5 billion euros ($252 billion) - a
Published 24 Mar, 2017 12:00am
Lower CSF inflows to hurt non-tax revenue prospects

Lower CSF inflows to hurt non-tax revenue prospects

Only 21.3 percent under the budgeted Coalition Support Fund (CSF) has been released to Pakistan, as per a press release issued by the State Bank of Pakistan. In the ongoing fiscal year, the government budgeted Rs 170.7 billion under the CSF, while in the
Published 24 Mar, 2017 12:00am
Lower CSF inflows to hurt non-tax revenue prospects

Lower CSF inflows to hurt non-tax revenue prospects

Only 21.3 percent under the budgeted Coalition Support Fund (CSF) has been released to Pakistan, as per a press release issued by the State Bank of Pakistan. In the ongoing fiscal year, the government budgeted Rs 170.7 billion under the CSF, while in the
Published 24 Mar, 2017 12:00am
Lower CSF inflows to hurt non-tax revenue prospects

Lower CSF inflows to hurt non-tax revenue prospects

Only 21.3 percent under the budgeted Coalition Support Fund (CSF) has been released to Pakistan, as per a press release issued by the State Bank of Pakistan. In the ongoing fiscal year, the government budgeted Rs 170.7 billion under the CSF, while in the
Published 24 Mar, 2017 12:00am
Lower CSF inflows to hurt non-tax revenue prospects

Lower CSF inflows to hurt non-tax revenue prospects

Only 21.3 percent under the budgeted Coalition Support Fund (CSF) has been released to Pakistan, as per a press release issued by the State Bank of Pakistan. In the ongoing fiscal year, the government budgeted Rs 170.7 billion under the CSF, while in the
Published 24 Mar, 2017 12:00am
Pakistan Day marked at KU

Pakistan Day marked at KU

KU Department of Political Science Chairperson, Professor Dr Samina Saeed said that Pakistan was made not only by the struggle of one day but it took years to establish a motherland for the Muslims of the subcontinent after the sacrifices of thousands. We
Published 24 Mar, 2017 12:00am
Bahrain frees AFP photographer

Bahrain frees AFP photographer

Bahraini authorities on Thursday released award-winning photographer Mohammed Al-Shaikh after holding him for more than 24 hours over his work for AFP, according to his family. Relatives said Al-Shaikh, who worked for AFP in Bahrain for several years unti
Published 24 Mar, 2017 12:00am
Two Malaysian hostages found safe in Philippines

Two Malaysian hostages found safe in Philippines

Two ailing Malaysian seamen held hostage by Filipino Muslim militants for eight months were found Thursday aboard a boat adrift off the southern Philippines, the local military said. Tayudin Anjut, 45, and Abdurahim bin Sumas, 62, were abandoned by the Ab
Published 24 Mar, 2017 12:00am
Ukraine probes arms depot explosion, military blames 'sabotage'

Ukraine probes arms depot explosion, military blames 'sabotage'

Ukraine on Thursday was probing a series of explosions that hit a munitions depot in the country's east overnight as the military blamed the incident on an "act of sabotage". "A fire broke out ... as a result of an act of sabotage at a depot in the town o
Published 24 Mar, 2017 12:00am
Food insecurity 'widespread' in North Korea: report

Food insecurity 'widespread' in North Korea: report

Chronic food shortages and malnutrition are widespread in North Korea, a UN-led report said, as a senior official appealed to donors not to let political considerations get in the way of humanitarian assistance. The "Needs and Priorities" assessment by th
Published 24 Mar, 2017 12:00am
Despite Trump push, health care vote going to the wire

Despite Trump push, health care vote going to the wire

Donald Trump faces a reckoning Thursday as US lawmakers vote on his presidency's biggest legislative test, the Republican plan to repeal and replace Obamacare, as conservatives vowed to kill it unless important last-minute changes are made. The Republican
Published 24 Mar, 2017 12:00am
Japanese nationalist claims cash from Abe as scandal deepens

Japanese nationalist claims cash from Abe as scandal deepens

A controversial nationalist educator said under oath Thursday he had received a donation for his school from Japanese Prime Minister Shinzo Abe despite the premier's repeated denials in an intensifying political scandal that has gripped the country.The na
Published 24 Mar, 2017 12:00am
Duterte reignites martial law fears

Duterte reignites martial law fears

Philippine President Rodrigo Duterte warned Thursday he may impose martial law and suspend elections for tens of thousands of local posts, fuelling concerns about democracy under his rule. Duterte said he was considering both measures as part of his contr
Published 24 Mar, 2017 12:00am
Irsa takes step to supply additional water to Sindh

Irsa takes step to supply additional water to Sindh

Indus River System Authority (Irsa) has closed Trimmu and Punjnad canals after extensive discussions with Punjab government aimed at supplying additional water to Sindh. The water regulator was criticised by Chief Minister Sindh, Syed Murad Ali Shah for n
Published 24 Mar, 2017 12:00am
Irsa takes step to supply additional water to Sindh

Irsa takes step to supply additional water to Sindh

Indus River System Authority (Irsa) has closed Trimmu and Punjnad canals after extensive discussions with Punjab government aimed at supplying additional water to Sindh. The water regulator was criticised by Chief Minister Sindh, Syed Murad Ali Shah for n
Published 24 Mar, 2017 12:00am
Irsa takes step to supply additional water to Sindh

Irsa takes step to supply additional water to Sindh

Indus River System Authority (Irsa) has closed Trimmu and Punjnad canals after extensive discussions with Punjab government aimed at supplying additional water to Sindh. The water regulator was criticised by Chief Minister Sindh, Syed Murad Ali Shah for n
Published 24 Mar, 2017 12:00am
Saudi film festival postponed after sandstorm

Saudi film festival postponed after sandstorm

The launch of Saudi Arabia's main film festival has been postponed to next week due to a sandstorm, organisers said Thursday. The opening of the fourth Saudi Film Festival, slated to run from March 23-28 in the Gulf coastal city of Dhahran, was suspended
Published 24 Mar, 2017 12:00am
Saudi film festival postponed after sandstorm

Saudi film festival postponed after sandstorm

The launch of Saudi Arabia's main film festival has been postponed to next week due to a sandstorm, organisers said Thursday. The opening of the fourth Saudi Film Festival, slated to run from March 23-28 in the Gulf coastal city of Dhahran, was suspended
Published 24 Mar, 2017 12:00am
Cabinet to consider outsourcing of airports today

Cabinet to consider outsourcing of airports today

The Cabinet which is scheduled to meet on Friday (today) with Prime Minister Nawaz Sharif in the chair will consider outsourcing of airports and miscellaneous facilities to the private sector. According to official sources, airports infrastructure in the
Published 24 Mar, 2017 12:00am
Cabinet to consider outsourcing of airports today

Cabinet to consider outsourcing of airports today

The Cabinet which is scheduled to meet on Friday (today) with Prime Minister Nawaz Sharif in the chair will consider outsourcing of airports and miscellaneous facilities to the private sector. According to official sources, airports infrastructure in the
Published 24 Mar, 2017 12:00am
Cabinet to consider outsourcing of airports today

Cabinet to consider outsourcing of airports today

The Cabinet which is scheduled to meet on Friday (today) with Prime Minister Nawaz Sharif in the chair will consider outsourcing of airports and miscellaneous facilities to the private sector. According to official sources, airports infrastructure in the
Published 24 Mar, 2017 12:00am
Judge orders trial for Argentina ex-president

Judge orders trial for Argentina ex-president

A judge on Thursday ordered Argentina's former president Cristina Kirchner to stand trial on charges of financial mismanagement. It is the first of several cases against the combative 64-year-old leftist leader to go to trial. Kirchner is accused of order
Published 24 Mar, 2017 12:00am
Judge orders trial for Argentina ex-president

Judge orders trial for Argentina ex-president

A judge on Thursday ordered Argentina's former president Cristina Kirchner to stand trial on charges of financial mismanagement. It is the first of several cases against the combative 64-year-old leftist leader to go to trial. Kirchner is accused of order
Published 24 Mar, 2017 12:00am
Russia may be helping supply Taliban insurgents: US general

Russia may be helping supply Taliban insurgents: US general

The top US general in Europe said on Thursday that he had seen Russian influence on Afghan Taliban insurgents growing and raised the possibility that Moscow was helping supply the militants, whose reach is expanding in southern Afghanistan. "I've seen the
Published 24 Mar, 2017 12:00am
Russia may be helping supply Taliban insurgents: US general

Russia may be helping supply Taliban insurgents: US general

The top US general in Europe said on Thursday that he had seen Russian influence on Afghan Taliban insurgents growing and raised the possibility that Moscow was helping supply the militants, whose reach is expanding in southern Afghanistan. "I've seen the
Published 24 Mar, 2017 12:00am
World Bank loans

World Bank loans

World Bank has generally been quite liberal in extending project loans to Pakistan. On 16th March, 2017, it again announced the approval of another loan of dollar 450 million for expanding banking access and social protection programme. Of the dollar 450
Published 24 Mar, 2017 12:00am
Sense at last

Sense at last

After a hiatus of almost a year, during which period relations have been tense, Pakistan and India have at last returned to the negotiating table to discuss water issues. Two days of talks between the visiting 10-member Indian delegation led by India's In
Published 24 Mar, 2017 12:00am
Tapping the real revenue potential

Tapping the real revenue potential

"Pakistan's tax revenue remains very low relative to comparator developing countries and the tax effort expected for the country's level of development. This reflects narrow tax bases, overgenerous tax concessions and exemptions, weak and fragmented reven
Published 24 Mar, 2017 12:00am
Operation Searchlight

Operation Searchlight

Despite the complex and demanding negotiations during the tumultuous days of March 1971, a positive outcome was possible and seemed near but it came to grief because of the game plan of extremists of both the sides. The plans for military action to restor
Published 24 Mar, 2017 12:00am
IS and al-Qaeda focus on bombs behind carry-on computer ban: experts

IS and al-Qaeda focus on bombs behind carry-on computer ban: experts

The prohibition on carry-on electronics for certain flights to the US and Britain shows both the Islamic State group and al-Qaeda remain able to mount potent threats to civil aviation despite tighter airport security, experts say. The US authorities on Tu
Published 24 Mar, 2017 12:00am
Corruption in PIA

Corruption in PIA

This is with reference to Interior Minister's press conference about FIA probing massive corruption in PIA and placing its CEO on ECL. The bad choice of a German who joined Lufthansa as an apprentice mechanic, and had no worthwhile management experience e
Published 24 Mar, 2017 12:00am
Oil slips, inventories curb recovery from four-month lows

Oil slips, inventories curb recovery from four-month lows

Oil prices dipped on Thursday, struggling to recover from four-month lows because of investor concerns that OPEC-led supply cuts were not yet reducing record US crude inventories. Benchmark Brent crude oil was trading at $50.57 a barrel by 11:49 a.m. EDT
Published 24 Mar, 2017 12:00am
Britain awards 25 oil exploration licences in frontier tender

Britain awards 25 oil exploration licences in frontier tender

Britain has awarded 25 licences for oil and gas exploration in previously untapped waters and announced a new licensing round for mature areas to be held in late May or June, the Oil and Gas Authority (OGA) said on Thursday. Seventeen companies received e
Published 24 Mar, 2017 12:00am
Shanghai copper rises

Shanghai copper rises

Shanghai Futures Exchange copper rose 0.5 percent to 47,120 yuan ($6,842) a tonne on Thursday as broader investor sentiment revived, while disruptions piled up in the zinc market. Premiums for copper and zinc deliveries in Shanghai fell. Zinc premiums fel
Published 24 Mar, 2017 12:00am
New York cotton nearly flat
Cotton

New York cotton nearly flat

ICE cotton futures were subdued on Thursday on muted speculative activity ahead of a federal acreage report due next week. The US Department of Agriculture will release its prospective crop plantings report on March 31. "We are coming to an index fund rol
Published 24 Mar, 2017 12:00am
UBG lauds SBP decision to open Pak-Iran banking channel

UBG lauds SBP decision to open Pak-Iran banking channel

The United Business Group (UBG) has welcomed the announcement of the State Bank of Pakistan (SBP) to open banking channel between Pakistan and Iran. UBG Spokesman Gulzar Firoz said that opening of a bank channel will facilitate traders of both the countri
Published 24 Mar, 2017 12:00am
Import of pulses up by 50 percent

Import of pulses up by 50 percent

Pakistan reliance on import of pulses surged by 50 per cent to $599.285 million in July-February 2017, according to Pakistan Bureau of Statistics. Pulses import growth stood at $199.305m in July-February 2017 from $399.980m in July-February 2016, the PBS'
Published 24 Mar, 2017 12:00am
Al-Khidmat leads in supplying water to affected areas of Sindh

Al-Khidmat leads in supplying water to affected areas of Sindh

Amidst inherited impoverishment and widespread thirst and hunger all over the place, the Al-Khidmat Foundation Sindh comes to the fore to help out those who otherwise wouldn't be able to have sufficient amount of drinkable water available at their doorste
Published 24 Mar, 2017 12:00am
PAF Academy Risalpur named after Air Marshal Asghar Khan

PAF Academy Risalpur named after Air Marshal Asghar Khan

Pakistan Air Force (PAF) Academy Risalpur has been named after Air Marshal Asghar Khan (R), who was the first Muslim Commander-in-Chief of Pakistan Air Force. To celebrate the event in a befitting manner, a grand ceremony was held at PAF Academy Risalpur
Published 24 Mar, 2017 12:00am
KP facing shortage of 0.9 million houses: Amjad

KP facing shortage of 0.9 million houses: Amjad

Special Assistant to the Chief Minister for Housing, Dr Amjad Ali Khan has said that Khyber Pakhtunkhwa is facing shortage of 0.9 million houses with increase of 25000 houses per annum in the province. He disclosed this information while handing over plot
Published 24 Mar, 2017 12:00am
Roomi discusses various issues with CEO TUSDEC

Roomi discusses various issues with CEO TUSDEC

President of Multan Chamber of Commerce & Industry (MCCI), Khawaja Jalaluddin Roomi while exchanging views with the Chief Executive Officer of Technology Up-gradation and Skill Development Company (TUSDEC), Alamgir Chaudhry said that skill building is a p
Published 24 Mar, 2017 12:00am
Compensation cheques distributed among affected tribesmen

Compensation cheques distributed among affected tribesmen

The political administration distributed compensation cheques among the affected tribesmen belonging to the Maidan area in Tirah valley of the tribal Khyber Agency. Around 500 suffered tribesmen including Malikdinkhel and Zakhakhel were received compensat
Published 24 Mar, 2017 12:00am
Governor visits Quaid's mausoleum

Governor visits Quaid's mausoleum

Governor Sindh, Muhammad Zubair, visited the Mausoleum of Father of the Nation Quaid-e-Azad Mohammad Ali Jinnah and laid a floral wreath. The Governor along with a number of people offered Fateha for the great leader. Meanwhile, a dignified change of guar
Published 24 Mar, 2017 12:00am
Bishop of Pakistan joins JUI-F

Bishop of Pakistan joins JUI-F

Bishop of Pakistan, Nazir Alam along with several followers joined Jamiat Ulema-e-Islam Fazl (JUI-F) and vowed for joint efforts for development of the country. In a ceremony held here on Thursday, Bishop of Pakistan, Nazir Alam and his dozens of follower
Published 24 Mar, 2017 12:00am
CoAS felicitates nation

CoAS felicitates nation

Chief of Army Staff General Qamar Javed Bajwa on Thursday congratulated the participants, spectators and the nation on successful holding of the Joint Services Parade. According to Tweet by Director General Inter Services Public Relations (ISPR) Major Gen
Published 24 Mar, 2017 12:00am
Honesty, courtesy basic traits of NH&MP: IG

Honesty, courtesy basic traits of NH&MP: IG

Honesty, Courtesy and Help are basic traits of National Highways & Motorway Police (NH&MP) and its Guidance and Facilitation Centers are best example of providing effective help to the road users in distress. This was said by Shaukat Hayat Inspector Gener
Published 24 Mar, 2017 12:00am
UBL, CDC sign 'Depository Participant Agreement'

UBL, CDC sign 'Depository Participant Agreement'

United Bank Limited (UBL), Pakistan's Best Bank 2016, has signed a Depository Participant Agreement with Central Depository Company of Pakistan Limited (CDC). Through this agreement the Bank's customers can now open and conduct transactions in their CDC A
Published 24 Mar, 2017 12:00am
Prime Minister directs completion of road projects on time

Prime Minister directs completion of road projects on time

Prime Minister Muhammad Nawaz Sharif on Thursday said road network and transportation projects were vital to economic growth and directed their completion on time without compromising on the quality of work. "Road projects will connect far flung areas to
Published 24 Mar, 2017 12:00am
Sasta Bazars closed due to security reasons

Sasta Bazars closed due to security reasons

The "Sastay Bazars" in the city would be kept closed till further orders due to security reasons and solid policy would be made after carrying out necessary administrative and security arrangements in this regard. This decision was made during the joint m
Published 24 Mar, 2017 12:00am
UHS celebrates Pakistan Day

UHS celebrates Pakistan Day

The students and staff of the University of Health Sciences (UHS) observed the Pakistan Day with traditional zeal and fervor and a renewed pledge to make the country a strong, progressive and prosperous state. The national flag was hoisted on the campus b
Published 24 Mar, 2017 12:00am
President confers Military awards on officers and men of armed forces

President confers Military awards on officers and men of armed forces

President Mamnoon Hussain has decorated the Military awards to the officers and men of Pakistan Army, Navy and Air Force. According to ISPR, an officer and a soldier were granted Tamgha-i-Jur'at while 9 Sitara-i-Basalat, 69 Tamgha-i-Basalat, 21 Imtiazi As
Published 24 Mar, 2017 12:00am
CPEC will make Pakistan more stable: SU VC

CPEC will make Pakistan more stable: SU VC

Sindh University Vice Chancellor, Professor Dr Fateh Muhammad Burfat has said that China-Pakistan Economic Corridor (CPEC) will make Pakistan socially, economically and politically stable. He said that through the CPEC the fast railway system will be intr
Published 24 Mar, 2017 12:00am
Bank Alfalah launches PayPak Classic Debit Card

Bank Alfalah launches PayPak Classic Debit Card

Bank Alfalah has joined hands with 1Link (Guarantee) Limited to launch Bank's first PayPak Classic Debit Card. PayPak is Pakistan's first Domestic Payment Scheme launched by 1Link Limited that aims at providing efficient, cost-effective, robust and ubiqui
Published 24 Mar, 2017 12:00am
Pakistan keen to settle all issues with India: Basit

Pakistan keen to settle all issues with India: Basit

High Commissioner Abdul Basit on Thursday said Pakistan was keen to settle all the issues with India, including the Jammu and Kashmir dispute, through dialogue. He was addressing an impressive flag hoisting ceremony held at the Pakistan High Commission in
Published 24 Mar, 2017 12:00am
Pakistan stands amongst world nations as an important country: Moin

Pakistan stands amongst world nations as an important country: Moin

Ambassador of Pakistan to France Moin-ul-Haque has said that today Pakistan stands amongst the community of nations as an important country with strong democratic institutions, a fast growing economy, independent judiciary, and free media. He was addressi
Published 24 Mar, 2017 12:00am
Pak-Lankan ties sign of mutual trust, respect: HC

Pak-Lankan ties sign of mutual trust, respect: HC

High Commissioner of Pakistan in Sri Lanka Major General Syed Shakeel Hussain (R) on Thursday said the relations between Pakistan and Sri Lanka are firmly standing on the pillars of mutual trust, respect and desire to promote friendship. The High Commissi
Published 24 Mar, 2017 12:00am
Mukherjee greets Pakistanis on national day

Mukherjee greets Pakistanis on national day

Indian President Pranab Mukherjee on Thursday took to twitter to extend greeting to Pakistani nation and the government in connection with the national day celebrations. "Greetings to the government and people of Pakistan on their national day," tweeted M
Published 24 Mar, 2017 12:00am
Jhagra confers awards on five personalities

Jhagra confers awards on five personalities

KP Governor Engr Iqbal Zafar Jhagra on behalf of the President of the Islamic Republic of Pakistan, Mamnoon Hussain honoured one personality of the province with Sitara-i-Imtiaz and four personalities with Presidential Pride of Performance award. Furtherm
Published 24 Mar, 2017 12:00am
Pakistan Day celebrated in AJK, GB

Pakistan Day celebrated in AJK, GB

Pakistan Day was celebrated throughout Azad Kashmir with national zeal and fervor on Thursday. Functions, Seminars and Rallies were held all over Azad Kashmir to mark the day. Various political, social, religious, educational and other organizations have
Published 24 Mar, 2017 12:00am
Nation celebrates Pakistan Day with zeal and fervour

Nation celebrates Pakistan Day with zeal and fervour

The 77th Pakistan Day was celebrated on Thursday with traditional zeal and enthusiasm to mark the passage of the Lahore Resolution that led to the creation of a separate homeland for the Muslims of South Asia in 1947. The historic resolution, known as the
Published 24 Mar, 2017 12:00am
Pakistan missions abroad celebrate Pakistan Day

Pakistan missions abroad celebrate Pakistan Day

Pakistan Day was celebrated with national spirit and fervour at Pakistani Missions abroad. The Embassy of Pakistan, Beijing organised a special ceremony to mark the passing of Pakistan Resolution on 23rd March, 1940. Ambassador of Pakistan Masood Khalid r
Published 24 Mar, 2017 12:00am
Pakistan Day celebrated in KP, Fata

Pakistan Day celebrated in KP, Fata

Like other parts of the country Pakistan Day was celebrated with traditional zeal and national enthusiasm in Khyber Pakhtunkhwa and Federally Administered Tribal Area (FATA). Special prayers were offered in the provincial capital's mosques for peace and p
Published 24 Mar, 2017 12:00am
Mohmand Agency celebrates Pakistan Day with zeal

Mohmand Agency celebrates Pakistan Day with zeal

Pakistan Day was celebrated with great zeal and enthusiasm in the Mohmand Agency on Thursday with a call that tribesmen will continue their struggle for peace in the area which has been badly affected by the ongoing conflict. On this occasion Political Ag
Published 24 Mar, 2017 12:00am
Maqsood elected chairman Potato Research Board

Maqsood elected chairman Potato Research Board

Chaudhry Muhammad Maqsood Ahmad Jatt, a progressive grower & representative of Potato Growers Coop Society, Okara has unanimously been elected as Chairman of the newly constituted Potato Research & Development Board. He was elected to this post at a meeti
Published 24 Mar, 2017 12:00am
Governments come and go but PPP is here to stay: Zardari

Governments come and go but PPP is here to stay: Zardari

Former President and co-chairman of Pakistan Peoples Party (PPP) Asif Ali Zardari said that governments come and go but his party was here to stay for all times to come. Addressing an event to mark Pakistan Day, Zardari said that he was the first one who
Published 24 Mar, 2017 12:00am
Argentinian envoy calls for boosting trade volume

Argentinian envoy calls for boosting trade volume

Argentinian Ambassador Ivan Ivanissevich called for sector-specific measures and collective efforts to increase the bilateral trade volume which is less than the real potential. Exchanging views during his visit to Pakistan Textile Exporters Association (
Published 24 Mar, 2017 12:00am
Rs two billion to be spent on setting up HPT clinics: minister

Rs two billion to be spent on setting up HPT clinics: minister

Punjab Minister for Specialized Healthcare & Medical Education Khawaja Salman Rafique has said that hepatitis prevention and treatment clinics (HPTC) would be set up at a cost of Rs 2 billion at district headquarter hospitals in the province.
Published 24 Mar, 2017 12:00am
Shahbaz vows to eradicate corruption, poverty

Shahbaz vows to eradicate corruption, poverty

Punjab Chief Minister Muhammad Shahbaz Sharif has stated that he would not sit idle till the enrollment of last child in school, elimination of poverty and joblessness, elimination of ignorance, extortion, corruption, injustice as well as eradication of s
Published 24 Mar, 2017 12:00am
Cotton growers advised to sow crop between April 15 to May 15
Cotton

Cotton growers advised to sow crop between April 15 to May 15

The Punjab Agriculture Department (PAD) has advised the cotton growers to sow their crop between April 15 to May 15 and only use approved varieties of BT or Hybrid cotton seeds.In an advisory issued here on Thursday, a PAD spokesman also warned the owners
Published 24 Mar, 2017 12:00am
Five killed in road mishap

Five killed in road mishap

At least five members of a family including a woman died and 15 others were injured in collision between two vehicles here on Thursday. Rescue sources said that a van carrying a family back home after attending wedding ceremony collided with a reckless dr
Published 24 Mar, 2017 12:00am
Minister exhorts officials to expedite work on teaching hospital

Minister exhorts officials to expedite work on teaching hospital

Provincial Minister for Specialized Healthcare and Medical Education (SH & ME), Khawaja Salman Rafiq expressed annoyance over slow pace of construction work on Teaching Hospital Gujranwala (THG) and directed to accelerate the speed of work on the project.
Published 24 Mar, 2017 12:00am
Pakistan Day celebrated with zeal in Faisalabad

Pakistan Day celebrated with zeal in Faisalabad

  • Pakistan Day was celebrated throughout the district with national enthusiasm and fervor with the renewal of pledge that we would utilize all energies and capabilities to get the Pakistan out of problems of terrorism and other issues and would do utmost
Published 24 Mar, 2017 12:00am
PCGA submits budget proposals to NA body
Cotton

PCGA submits budget proposals to NA body

"We would not be able to run our ginning factories in next season of 2017-18 due to burden of taxes and other crises," said Chairman of Pakistan Cotton Ginners Association (PCGA), Dr Jeso Mal while submitting budget proposals/recommendations to Standing C
Published 24 Mar, 2017 12:00am
Duty on solar charge controllers revised

Duty on solar charge controllers revised

The Directorate General Customs Valuation (DGCV) has revised the customs duty on Solar Charge Controllers (SCC) under Section 25(7) of the Customs Act, 1969. According to the revised valuation ruling, the Directorate initiated an exercise for determinatio
Published 24 Mar, 2017 12:00am
'Kashmir cause is injected in PPP ideology': Bilawal

'Kashmir cause is injected in PPP ideology': Bilawal

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Thursday said that Kashmir cause is deeply injected in PPP ideology and the party would never budge an inch from its stand for the right of self-determination to the people of Kashmir. The PP
Published 24 Mar, 2017 12:00am
Pakistan Day celebrated at Cadet College Pataro

Pakistan Day celebrated at Cadet College Pataro

The Pakistan Day was celebrated with national zeal & zest at Cadet College Petaro (CCP) on Thursday to commemorate the adoption of the Lahore Resolution which was passed on March 23, 1940. Presided over by the college Principal Commodore Mehboob Ellahi Ma
Published 24 Mar, 2017 12:00am
Civil society voices concern over filthy water supply

Civil society voices concern over filthy water supply

Civil society activists from Hala, Saeedabad and Matiari talukas expressed deep concern over alarming increase in the volume of hepatitis cases in the district due to unsafe drinking water. The polluted water has a detrimental impact on the health of comm
Published 24 Mar, 2017 12:00am
Emboldened Taliban capture key southern district

Emboldened Taliban capture key southern district

Taliban fighters captured the strategic southern district of Sangin on Thursday, officials said, another setback for Afghan forces in opium-rich Helmand province ahead of the spring fighting season. The capture of Sangin, where US and British forces suffe
Published 24 Mar, 2017 12:00am
Around 250 feared dead in new Med migrant boat sinkings

Around 250 feared dead in new Med migrant boat sinkings

Around 250 African migrants are feared to have drowned in the Mediterranean after a rescue boat found two partially submerged rubber dinghies off Libya, a spokeswoman said Thursday. Laura Lanuza of Spanish charity Proactiva Open Arms said its boat Golfo A
Published 24 Mar, 2017 12:00am
Flooding kills 11 in Angola

Flooding kills 11 in Angola

Floods in Angola have killed at least eleven people and left thousands homeless after the country was hit by torrential rain, rescuers said Thursday. More than 700 homes were destroyed following the deluge in the coastal northwestern Luanda province which
Published 24 Mar, 2017 12:00am
10 Egyptian soldiers killed in bombings

10 Egyptian soldiers killed in bombings

Ten Egyptian soldiers were killed in two roadside bombings as they clashed with Islamic State group jihadists in the Sinai Peninsula, the military said on Thursday. Fifteen jihadists were also killed in the fighting, the military said in a statement, with
Published 24 Mar, 2017 12:00am
WikiLeaks releases CIA hacks of Apple Mac computers

WikiLeaks releases CIA hacks of Apple Mac computers

The Central Intelligence Agency is able to permanently infect an Apple Mac computer so that even reinstalling the operating system will not erase the bug, according to documents published Thursday by WikiLeaks. In its second release allegedly from the CIA
Published 24 Mar, 2017 12:00am
US suspects North Korea in $81 million Bangladesh theft

US suspects North Korea in $81 million Bangladesh theft

US federal prosecutors suspect the North Korean government directed last year's theft of $81 million from Bangladesh's account at the New York Federal Reserve Bank, according to a media report Wednesday. Citing unnamed sources, The Wall Street Journal sai
Published 24 Mar, 2017 12:00am
China, Nepal discuss joint military exercises

China, Nepal discuss joint military exercises

China's defence minister met his Nepal counterpart Thursday pushing ahead plans to hold joint military exercises, a move likely closely watched by India as Beijing boosts its influence in the region. "We have been discussing joint military exercises with
Published 24 Mar, 2017 12:00am
Dozens arrested in Belarus crackdown

Dozens arrested in Belarus crackdown

Belarusian authorities have arrested some 26 people following a wave of major protests against authoritarian President Alexander Lukashenko, state television said Thursday, citing security services. State channel STV cited the powerful KGB security agency
Published 24 Mar, 2017 12:00am
Bangladesh add Mehedi for Sri Lanka ODIs

Bangladesh add Mehedi for Sri Lanka ODIs

Bangladesh on Thursday included teenage off-spinner Mehedi Hasan to their one-day international line-up for a three-match series against Sri Lanka, an official said. The 19-year-old was part of the squad that defeated Sri Lanka at the weekend in Colombo t
Published 24 Mar, 2017 12:00am
Injuries rock New Zealand, South Africa ahead of final Test

Injuries rock New Zealand, South Africa ahead of final Test

Injuries rocked New Zealand and South Africa Thursday, two days out from the start of the third and final Test in Hamilton with Tim Southee ruled out and Quinton de Kock doubtful. New Zealand, under pressure to win if they are to level the series, were al
Published 24 Mar, 2017 12:00am
UEFA competitions director rejects Super League

UEFA competitions director rejects Super League

UEFA director of competitions Giorgio Marchetti on Thursday rejected the idea of a European Super League made up of the continent's top clubs, but said the format of the Champions League could evolve. "If the Super League is a competition for an elite, cl
Published 24 Mar, 2017 12:00am
PSF with Australian government opens Squash Classroom project

PSF with Australian government opens Squash Classroom project

Pakistan Squash Federation in collaboration with Squash Australia and Sport Matters has initiated 'The Squash Classroom', a development project proudly supported by the Australian government using squash to promote health, gender equality and education fo
Published 24 Mar, 2017 12:00am
More woe for Bouchard with Miami exit

More woe for Bouchard with Miami exit

Eugenie Bouchard's poor run of form continued Wednesday as the Canadian suffered a first-round exit at the hands of Australia's Ashleigh Barty at the Miami Open. Wildcard Barty's 6-4, 5-7, 6-3 win sets up an all-Australian clash in the second round of the
Published 24 Mar, 2017 12:00am
USA takes Baseball Classic crown

USA takes Baseball Classic crown

The United States clobbered Puerto Rico 8-0 on Wednesday to capture their first World Baseball Classic title, avenging an earlier loss and ending Puerto Rico's perfect run to the championship game. The Americans won the title in their first trip to the fi
Published 24 Mar, 2017 12:00am
Podolski hits Germany winner against England

Podolski hits Germany winner against England

Lukas Podolski signed off his Germany career in style on Wednesday smashing home the winning goal with his trusty left boot to seal a 1-0 friendly victory over England. It was only fitting that the Galatasaray forward, who joins Japan's Vissel Kobe next s
Published 24 Mar, 2017 12:00am
Turbat, Chaman record victories in PPL Balochistan Football

Turbat, Chaman record victories in PPL Balochistan Football

Two hat-tricks on the second day of the final round of PPL Balochistan Football Cup 2017 claimed the win for Turbat and DFA Chaman against Jaffarabad and Sibi respectively, while the match between Loralai and Lasbela resulted in a draw with 1-1.
Published 24 Mar, 2017 12:00am
Sterling hits one-month high after retail sales bounce
Currency

Sterling hits one-month high after retail sales bounce

Sterling hit a one-month high against the dollar on Thursday, outperforming other major currencies after stronger than expected UK retail sales data soothed worries about weakening consumer sentiment. Sales rose by 1.4 percent in February from January, th
Published 24 Mar, 2017 12:00am
China's yuan slips, but onshore rates seen lending support
Currency

China's yuan slips, but onshore rates seen lending support

China's yuan fell against the US dollar on Thursday, even as the central bank set a firmer midpoint, after the global dollar index rebounded from 1-1/2-month lows. But the Chinese currency could regain its footing if the outcome of a vote on a US healthca
Published 24 Mar, 2017 12:00am
Aussie, kiwi stay low

Aussie, kiwi stay low

The Australian dollar stayed near one-week lows on Thursday as investors unwound carry trades while watching to see whether US President Donald Trump can push through a healthcare bill, as failure could signal problems to come pursuing his economic agenda
Published 24 Mar, 2017 12:00am
Canadian dollar strengthens
Currency

Canadian dollar strengthens

The Canadian dollar strengthened slightly against its US counterpart on Wednesday, but barely changed after the government unveiled a stay-the-course federal budget that targeted export growth, while earlier losses were reversed as the greenback fell. Can
Published 24 Mar, 2017 12:00am
Dollar hits four-month low against yen in New York
Currency

Dollar hits four-month low against yen in New York

The US dollar hit a four-month low against the safe-haven yen on Wednesday as investors rethought growth expectations under a Trump administration that had pushed the greenback to a 14-year peak and stocks to record highs. The dollar, which had slipped af
Published 24 Mar, 2017 12:00am
Early trade in NY: Dollar steadies as US healthcare vote looms

Early trade in NY: Dollar steadies as US healthcare vote looms

The dollar hovered near a four-month low against the Japanese yen on Thursday ahead of a vote on Republican healthcare plans seen as a litmus test of US President Donald Trump's ability to legislate in Congress and deliver on tax and spending promises. Tr
Published 24 Mar, 2017 12:00am
Dollar holds under $1.08 per euro in Europe
Currency

Dollar holds under $1.08 per euro in Europe

The dollar held under $1.08 per euro for a second day on Thursday ahead of a vote on Republican healthcare plans seen as a litmus test of President Donald Trump's ability to legislate in Congress and deliver on tax and spending promises. With several majo
Published 24 Mar, 2017 12:00am
Dollar edges up against yen in Asia
Currency

Dollar edges up against yen in Asia

The dollar edged up from four-month lows against the yen on Thursday, but gains were capped by US President Donald Trump's struggle to push through a healthcare bill. The US currency has struggled this week as growing doubts over Trump's ability to push t
Published 24 Mar, 2017 12:00am
Nigeria FX traders widen spreads after black market naira rally
Currency

Nigeria FX traders widen spreads after black market naira rally

The gap between what traders bid and offer for Nigeria's naira on the black market has widened following a series of central bank interventions on the official market. Traders are trying to hedge against losses after the currency firmed sharply during pre
Published 24 Mar, 2017 12:00am
Bangladesh's inter-bank forex rates

Bangladesh's inter-bank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Thursday. 79.65-79.65 (previous 79.62-79.63).
Published 24 Mar, 2017 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended slightly weaker in thin trade on Thursday as dollar demand from importers surpassed selling of the US currency by exporters, with investors waiting for the central bank's decision on interest rates. Sri Lanka's central bank coul
Published 24 Mar, 2017 12:00am
FTSE snaps losing streak, retailers drives gains

FTSE snaps losing streak, retailers drives gains

British shares turned up on Thursday after a two-day losing streak as markets turned more bullish and retail sales data indicated more robust consumption. The blue-chip FTSE 100 index rose 0.2 percent but underperformed the broader European market, up 0.9
Published 24 Mar, 2017 12:00am
Most Southeast Asian markets soar

Most Southeast Asian markets soar

Most Southeast Asian stock markets rose on Thursday, in line with Asia and Wall Street, with investors closely watching the progress of a US healthcare bill that could affect President Donald Trump's ability to deliver on other campaign promises.
Published 24 Mar, 2017 12:00am
Australian shares up; New Zealand steady

Australian shares up; New Zealand steady

Australian shares rose on Thursday, snapping three straight days of losses, buoyed by the materials sector and gains from miner BHP Billiton. The S&P/ASX 200 index closed up 0.4 percent, or 23.49 points, at 5,708. BHP Billiton ended more than 1 percent hi
Published 24 Mar, 2017 12:00am
European shares gain as investors grow more bullish, retailers shine

European shares gain as investors grow more bullish, retailers shine

European shares climbed higher on Thursday, led by travel and retail stocks, as investors grew more bullish about risks to Donald Trump's stimulus plans, just before a vote in Congress on the US president's healthcare bill. The pan-European STOXX 600 inde
Published 24 Mar, 2017 12:00am
China stocks up
Currency

China stocks up

China stocks ended slightly higher on Thursday, despite a slump in Shanghai B shares amid worries over tight liquidity and stepped-up regulation. The blue-chip CSI300 index rose 0.4 percent, to 3,461.98 points, while the Shanghai Composite Index added 0.1
Published 24 Mar, 2017 12:00am
Indian shares surge

Indian shares surge

Indian shares rose on Thursday, snapping a three-day losing streak as investors saw some of the losses in the previous sessions in sectors such as financials as overdone, with sentiment also boosted by higher global markets. The broader NSE index ended 0.
Published 24 Mar, 2017 12:00am
US bonds gain

US bonds gain

US Treasury yields fell on Wednesday as investors reduced expectations that the Federal Reserve is likely to adopt a faster path in raising interest rates and any new fiscal stimulus is seen as unlikely in the near-term. President Donald Trump and Republi
Published 24 Mar, 2017 12:00am
US bonds gain

US bonds gain

US Treasury yields fell on Wednesday as investors reduced expectations that the Federal Reserve is likely to adopt a faster path in raising interest rates and any new fiscal stimulus is seen as unlikely in the near-term. President Donald Trump and Republi
Published 24 Mar, 2017 12:00am
Hong Kong stocks struggle

Hong Kong stocks struggle

Hong Kong's benchmark stock index struggled on Thursday as strength in Chinese real estate developers was offset by weakness in some blue chips as their earnings reports disappointed investors. The benchmark Hang Seng index erased initial gains and ended
Published 24 Mar, 2017 12:00am
Wall Street ends mixed; all eyes on Trump and healthcare

Wall Street ends mixed; all eyes on Trump and healthcare

Wall Street ended mixed after a choppy session on Wednesday as investors focused on President Donald Trump's struggle to push through a healthcare bill and snapped up stocks after a steep drop the day before. US stocks in the previous session had suffered
Published 24 Mar, 2017 12:00am
Tokyo shares higher

Tokyo shares higher

Tokyo stocks edged up Thursday, recovering slightly from the previous day's sharp losses, but gains were capped by a strong yen. The Nikkei slumped more than two percent Wednesday, in line with a global rout, on concerns Donald Trump's struggles to push h
Published 24 Mar, 2017 12:00am
Sri Lankan shares tumble

Sri Lankan shares tumble

Sri Lankan shares fell for a second straight session on Thursday to a more than one-year closing low as expectations of an interest rate hike continued to drag down the market ahead of the central bank's monetary policy review. The Colombo stock index clo
Published 24 Mar, 2017 12:00am
Most Gulf bourses recover, Egypt rebounds as foreign funds buy

Most Gulf bourses recover, Egypt rebounds as foreign funds buy

Most stock markets in the Gulf made small gains on Thursday, recovering some of the week's losses, but trading volumes remained very low. Egypt rebounded as foreign funds bought shares there. The Saudi stock index climbed 0.7 percent as the petrochemical
Published 24 Mar, 2017 12:00am
ECB's Nouy says some banks may need to be shut

ECB's Nouy says some banks may need to be shut

Some euro zone banks may need to be shut if they become unviable, the European Central Bank's top supervisor said on Thursday, as the Italian government seeks to bail out two regional lenders. Daniele Nouy, the head of the ECB's supervisory arm, told the
Published 24 Mar, 2017 12:00am
US new home sales hit seven-month high; jobless claims rise

US new home sales hit seven-month high; jobless claims rise

New US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates. Other data on Thursday showed an unexpected increase in the number of Am
Published 24 Mar, 2017 12:00am
South Korea throws shipbuilder Daewoo new $6 billion lifeline

South Korea throws shipbuilder Daewoo new $6 billion lifeline

South Korea offered troubled Daewoo Shipbuilding & Marine Co a new $6 billion bailout on Thursday, as the giant firm's financial crisis worsens. Daewoo is the world's largest shipyard in terms of its order book and was previously given a 4.2 trillion won
Published 24 Mar, 2017 12:00am
IMF to announce new date for Ukraine loan approval 'soon'

IMF to announce new date for Ukraine loan approval 'soon'

The International Monetary Fund said Thursday it will "soon" announce a new date to approve the next $1 billion loan payment for cash-strapped Ukraine after postponing the decision. The IMF delayed the board decision on the loan installment, which had bee
Published 24 Mar, 2017 12:00am
Gulf between rich and poor a risk, German report warns

Gulf between rich and poor a risk, German report warns

A growing gap between rich and poor in Germany could sap social cohesion in Europe's largest economy and most populous country, a government report warned Thursday. "If the differences between poor and rich are felt to be too big in a society, and wealth
Published 24 Mar, 2017 12:00am
American Airlines to buy stake in China carrier

American Airlines to buy stake in China carrier

American Airlines is in advanced talks to buy a $200 million stake in Asia's biggest airline China Southern, reports said Thursday, as it looks to get a shoe-in to the country's huge aviation market. The Texas-based company plans to take the stake in the
Published 24 Mar, 2017 12:00am
Li in Australia trade talks amid Trump fears

Li in Australia trade talks amid Trump fears

Australia urged China Thursday to press ahead with economic reforms as Premier Li Keqiang began a trade-focused visit amid growing fears of a US slide towards protectionism. China is Australia's largest trade partner and its economic importance has grown
Published 24 Mar, 2017 12:00am
Inflation fears take shine off German consumer morale

Inflation fears take shine off German consumer morale

Consumers in Germany are more confident about the economy and keen to spend money, but concerned about the impact of inflation on their incomes, a closely-watched survey showed Thursday. Market research firm GfK's forward-looking consumer confidence readi
Published 24 Mar, 2017 12:00am
US MIDDAY: gold edges down

US MIDDAY: gold edges down

Gold slipped on Thursday as the dollar firmed, while palladium extended gains to hit a two-year high on economic data and demand from the automobile sector. Spot gold was down 0.3 percent at $1,245.26 an ounce by 2:21 pm EDT (1821 GMT), retreating from an
Published 24 Mar, 2017 12:00am
US MIDDAY: soyabean, corn sink to new lows

US MIDDAY: soyabean, corn sink to new lows

US soyabean futures fell to a five-month low on Thursday and corn dropped to a 2-1/2 month low, pressured by plentiful global supplies amid bumper South American crops and expectations for large plantings in the United States. The actively traded May-deli
Published 24 Mar, 2017 12:00am
Gold barely changed in European trade

Gold barely changed in European trade

Gold was barely changed on Thursday, weighed down by a firmer dollar, while palladium hit its highest price in 22 months, helped by economic data. Spot gold was flat at $1,248.91 an ounce at 1339 GMT, retreating from an intraday peak of $1,253.12, its hig
Published 24 Mar, 2017 12:00am
Gold down in Asia

Gold down in Asia

Gold prices on Thursday held below a 3-week peak hit the session before, with the dollar recovering from seven-week lows and markets waiting to see if US President Donald Trump can push through a healthcare bill. Spot gold was down 0.1 percent at $1,247.3
Published 24 Mar, 2017 12:00am
Gold climbs in New York

Gold climbs in New York

Gold climbed to a three-week high on Wednesday as the dollar fell to seven-week lows and bond yields sank on uncertainty over the economic policies of US President Donald Trump. Spot gold was up 0.4 percent at $1,249.98 an ounce by 2:43 pm EDT (1843 GMT),
Published 24 Mar, 2017 12:00am
Raw sugar edges away from 10-month low, coffee falls

Raw sugar edges away from 10-month low, coffee falls

Raw sugar futures on ICE were higher on Thursday, regaining some ground after a recent slide to a 10-month low while coffee and cocoa prices were slightly lower. May raw sugar was up 0.10 cents, or 0.6 percent, at 17.40 cents a lb at 1506 GMT. The front m
Published 24 Mar, 2017 12:00am
Palm oil charts sharpest daily drop in nearly two weeks

Palm oil charts sharpest daily drop in nearly two weeks

Malaysian palm oil futures on Thursday registered their sharpest daily fall in nearly two weeks, weighed down by weaker-performing related edible oils and a technical sell-off. Benchmark palm oil futures for June delivery on the Bursa Malaysia Derivatives
Published 24 Mar, 2017 12:00am
Rubber rebounds

Rubber rebounds

Benchmark Tokyo rubber futures rose on Thursday, bouncing back from previous session's near three-month low, as investors looked for bargains after a sharp fall in prices and as a recovery in global equities boosted risk appetite. "Investors bought back r
Published 24 Mar, 2017 12:00am
Copper steady despite Escondida strike ending

Copper steady despite Escondida strike ending

Copper steadied on Thursday, but was still near one-week lows on news that operations at the world's top producing copper mine in Chile would resume. Workers at BHP Billiton's Escondida mine agreed to go back to work on Saturday, ending a 43-day stoppage.
Published 24 Mar, 2017 12:00am
Citi says EU 'equivalence' regime no answer to Brexit banking question

Citi says EU 'equivalence' regime no answer to Brexit banking question

British-based banks would be foolhardy to expect to retain access to European Union markets in return for sticking closely to the bloc's rules after Brexit, a senior banking official said on Wednesday. Banks in Britain can currently trade across the bloc'
Published 24 Mar, 2017 12:00am
German wages rise for third year in a row in 2016

German wages rise for third year in a row in 2016

German workers enjoyed a strong increase in wages for the third year in a row in 2016, official data showed Wednesday, in news likely to be welcomed by the European Central Bank. Real wage growth stood at 1.8 percent last year, the federal statistics auth
Published 24 Mar, 2017 12:00am
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