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Archive - 2017-11-26
Sanity prevails in the Nawaz Sharif camp?

Sanity prevails in the Nawaz Sharif camp?

Nawaz Sharif seems to have resigned himself to his fate. He believes, and rightly so, that he cannot become the country's fourth elected prime minister, not in the foreseeable future in any case. The question therefore is: What is actually behind his chan
Updated 27 Nov, 2017 11:43am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 25, 2017)

Published 26 Nov, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (November 25, 2017) and the forecast for Sunday (November 26, 2017).

Published 26 Nov, 2017 12:00am
Hudaibiya case: CJP again forms bench to hear NAB appeal

Hudaibiya case: CJP again forms bench to hear NAB appeal

Chief Justice Mian Saqib Nisar Saturday once again formed a three-member bench to hear appeal of the National Accountability Bureau (NAB) seeking reopening of an inquiry against Sharif family in multibillion rupees willful loan default concerning Hudaibiy
Published 26 Nov, 2017 12:00am
Hudaibiya case: CJP again forms bench to hear NAB appeal

Hudaibiya case: CJP again forms bench to hear NAB appeal

Chief Justice Mian Saqib Nisar Saturday once again formed a three-member bench to hear appeal of the National Accountability Bureau (NAB) seeking reopening of an inquiry against Sharif family in multibillion rupees willful loan default concerning Hudaibiy
Published 26 Nov, 2017 12:00am
Army chief for peaceful resolution

Army chief for peaceful resolution

Chief of Army Staff General Qamar Javed Bajwa advised Prime Minister Shahid Khaqan Abbasi on Saturday to handle the Islamabad sit-in peacefully. General Bajwa talked with Prime Minister Shahid Khaqan Abbasi over the sit-in issue. According to a tweet of D
Published 26 Nov, 2017 12:00am
Army chief for peaceful resolution

Army chief for peaceful resolution

Chief of Army Staff General Qamar Javed Bajwa advised Prime Minister Shahid Khaqan Abbasi on Saturday to handle the Islamabad sit-in peacefully. General Bajwa talked with Prime Minister Shahid Khaqan Abbasi over the sit-in issue. According to a tweet of D
Published 26 Nov, 2017 12:00am
Zahid Hamid's house attacked

Zahid Hamid's house attacked

A mob carried out an attack at the residence of Federal Minister for Law Zahid Hamid and broke the windows by throwing stones. Zahid Hamid and his family were not present at their residence. The protestors even tried to barge into his house. Police arrive
Published 26 Nov, 2017 12:00am
Zahid Hamid's house attacked

Zahid Hamid's house attacked

A mob carried out an attack at the residence of Federal Minister for Law Zahid Hamid and broke the windows by throwing stones. Zahid Hamid and his family were not present at their residence. The protestors even tried to barge into his house. Police arrive
Published 26 Nov, 2017 12:00am
PEMRA restricts live coverage

PEMRA restricts live coverage

Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday afternoon issued a notification restricting live coverage of the operation launched to end the Faizabad sit-in. Most of private news channels were taken off-air in Islamabad and other part
Published 26 Nov, 2017 12:00am
PEMRA restricts live coverage

PEMRA restricts live coverage

Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday afternoon issued a notification restricting live coverage of the operation launched to end the Faizabad sit-in. Most of private news channels were taken off-air in Islamabad and other part
Published 26 Nov, 2017 12:00am
PBA condemns closure of news broadcast

PBA condemns closure of news broadcast

Pakistan Broadcasters Association has condemned the unilateral closure of news channels by the Government. PBA is a signatory to the Code of Conduct that is approved by the Supreme Court and has always been willing to abide by it. The right to information
Published 26 Nov, 2017 12:00am
PBA condemns closure of news broadcast

PBA condemns closure of news broadcast

Pakistan Broadcasters Association has condemned the unilateral closure of news channels by the Government. PBA is a signatory to the Code of Conduct that is approved by the Supreme Court and has always been willing to abide by it. The right to information
Published 26 Nov, 2017 12:00am
Karachi too jolted by violence

Karachi too jolted by violence

The Sindh Rangers took over Karachi's control after daylong violence that left at least 25 people injured in clashes with police on Saturday. Sit-in protesters occupied over 50 different spots to impose a lockdown on the city with clashes with police thro
Published 26 Nov, 2017 12:00am
Karachi too jolted by violence

Karachi too jolted by violence

The Sindh Rangers took over Karachi's control after daylong violence that left at least 25 people injured in clashes with police on Saturday. Sit-in protesters occupied over 50 different spots to impose a lockdown on the city with clashes with police thro
Published 26 Nov, 2017 12:00am
Four killed in Quetta suicide attack

Four killed in Quetta suicide attack

At least four people were killed and 19 injured in a suicide attack in Quetta on Saturday. A Frontier Corps (FC) vehicle was the target of blast, Balochistan Home Minister Sarfaraz Bugti confirmed. Two FC vehicles, three rickshaws and motorcycles were als
Published 26 Nov, 2017 12:00am
Four killed in Quetta suicide attack

Four killed in Quetta suicide attack

At least four people were killed and 19 injured in a suicide attack in Quetta on Saturday. A Frontier Corps (FC) vehicle was the target of blast, Balochistan Home Minister Sarfaraz Bugti confirmed. Two FC vehicles, three rickshaws and motorcycles were als
Published 26 Nov, 2017 12:00am
Looming water crisis: CCI urged to set up commission

Looming water crisis: CCI urged to set up commission

The Council of Common Interests (CCI) was requested to set up a National Water Commission for implementation of National Water Policy to deal with looming water crisis in the country. Ministry of Water and Power in a summary presented to the CCI requested
Published 26 Nov, 2017 12:00am
Looming water crisis: CCI urged to set up commission

Looming water crisis: CCI urged to set up commission

The Council of Common Interests (CCI) was requested to set up a National Water Commission for implementation of National Water Policy to deal with looming water crisis in the country. Ministry of Water and Power in a summary presented to the CCI requested
Published 26 Nov, 2017 12:00am
Looming water crisis: CCI urged to set up commission

Looming water crisis: CCI urged to set up commission

The Council of Common Interests (CCI) was requested to set up a National Water Commission for implementation of National Water Policy to deal with looming water crisis in the country. Ministry of Water and Power in a summary presented to the CCI requested
Published 26 Nov, 2017 12:00am
Merkel hopes to form government 'very soon'

Merkel hopes to form government 'very soon'

Chancellor Angela Merkel on Saturday said she wanted to form a government "very soon", bolstering hopes that Germany's political impasse could be close to ending as she raised the prospect of a compromise with the Social Democrats. Europe's economic power
Published 26 Nov, 2017 12:00am
Merkel hopes to form government 'very soon'

Merkel hopes to form government 'very soon'

Chancellor Angela Merkel on Saturday said she wanted to form a government "very soon", bolstering hopes that Germany's political impasse could be close to ending as she raised the prospect of a compromise with the Social Democrats. Europe's economic power
Published 26 Nov, 2017 12:00am
IMCTC meeting today

IMCTC meeting today

The meeting of Ministers of Defense Council of Islamic Military Counter Terrorism Coalition (IMCTC) will be held in Riyadh on Sunday. The theme of the meeting is "Allied against Terrorism." Defence Minister Khurram Dastgir Khan and Additional Secretary De
Published 26 Nov, 2017 12:00am
IMCTC meeting today

IMCTC meeting today

The meeting of Ministers of Defense Council of Islamic Military Counter Terrorism Coalition (IMCTC) will be held in Riyadh on Sunday. The theme of the meeting is "Allied against Terrorism." Defence Minister Khurram Dastgir Khan and Additional Secretary De
Published 26 Nov, 2017 12:00am
First aid flight in weeks lands in rebel-held Yemen capital

First aid flight in weeks lands in rebel-held Yemen capital

A UN plane carrying desperately needed vaccines landed in the rebel-held Yemeni capital Sanaa on Saturday after a three-week Saudi-led aid blockade that had sparked warnings thousands could die. Three other aircraft - two carrying UN aid workers and one c
Published 26 Nov, 2017 12:00am
First aid flight in weeks lands in rebel-held Yemen capital

First aid flight in weeks lands in rebel-held Yemen capital

A UN plane carrying desperately needed vaccines landed in the rebel-held Yemeni capital Sanaa on Saturday after a three-week Saudi-led aid blockade that had sparked warnings thousands could die. Three other aircraft - two carrying UN aid workers and one c
Published 26 Nov, 2017 12:00am
Corporate disputes: SECP to setup panel of mediators
Exchange

Corporate disputes: SECP to setup panel of mediators

In order to resolve disputes of corporate sector, the Securities and Exchange Commission of Pakistan (SECP) has decided to establish a panel of mediators or conciliators for resolution of disputes, claims or controversy arising among company's management,
Published 26 Nov, 2017 12:00am
Corporate disputes: SECP to setup panel of mediators
Exchange

Corporate disputes: SECP to setup panel of mediators

In order to resolve disputes of corporate sector, the Securities and Exchange Commission of Pakistan (SECP) has decided to establish a panel of mediators or conciliators for resolution of disputes, claims or controversy arising among company's management,
Published 26 Nov, 2017 12:00am
Corporate disputes: SECP to setup panel of mediators
Exchange

Corporate disputes: SECP to setup panel of mediators

In order to resolve disputes of corporate sector, the Securities and Exchange Commission of Pakistan (SECP) has decided to establish a panel of mediators or conciliators for resolution of disputes, claims or controversy arising among company''s management
Published 26 Nov, 2017 12:00am
Trump says he turned down Time's 'Person of the Year'

Trump says he turned down Time's 'Person of the Year'

US President Donald Trump on Friday said he turned down being named Time's "Person of the Year" after the magazine asked him for an interview and photo shoot but did not confirm he would be chosen. He tweeted: "Time Magazine called to say that I was PROBA
Published 26 Nov, 2017 12:00am
Trump says he turned down Time's 'Person of the Year'

Trump says he turned down Time's 'Person of the Year'

US President Donald Trump on Friday said he turned down being named Time's "Person of the Year" after the magazine asked him for an interview and photo shoot but did not confirm he would be chosen. He tweeted: "Time Magazine called to say that I was PROBA
Published 26 Nov, 2017 12:00am
Germany's BASF in talks with Russian tycoon over oil merger

Germany's BASF in talks with Russian tycoon over oil merger

German chemicals giant BASF said Friday it was considering merging its oil and gas unit with the DEA energy firm owned by Russia's billionaire entrepreneur Mikhail Fridman. "BASF is in discussions regarding a potential merger of BASF group's oil and gas a
Published 26 Nov, 2017 12:00am
Nawaz holds consultative meeting

Nawaz holds consultative meeting

Former prime minister and PML-N President Nawaz Sharif on Saturday held a consultative meeting at his Raiwind residence to discuss some important issues amid situation arising out after protests and roads blockades by a religious outfit in Lahore and othe
Published 26 Nov, 2017 12:00am
Nawaz holds consultative meeting

Nawaz holds consultative meeting

Former prime minister and PML-N President Nawaz Sharif on Saturday held a consultative meeting at his Raiwind residence to discuss some important issues amid situation arising out after protests and roads blockades by a religious outfit in Lahore and othe
Published 26 Nov, 2017 12:00am
Putin signs 'foreign agent' media law

Putin signs 'foreign agent' media law

President Vladimir Putin on Saturday signed into law new rules on international media organisations present in Russia being termed "foreign agents", following US pressure on the Kremlin-backed RT television channel. Already approved by both houses of parl
Published 26 Nov, 2017 12:00am
Putin signs 'foreign agent' media law

Putin signs 'foreign agent' media law

President Vladimir Putin on Saturday signed into law new rules on international media organisations present in Russia being termed "foreign agents", following US pressure on the Kremlin-backed RT television channel. Already approved by both houses of parl
Published 26 Nov, 2017 12:00am
Zimbabwe court says military takeover was legal

Zimbabwe court says military takeover was legal

A Zimbabwe High Court has ruled that the military takeover that led to Robert Mugabe's ousting was legal, raising immediate concerns about judicial independence under the country's new administration. Army chiefs put military vehicles on the streets of Ha
Published 26 Nov, 2017 12:00am
Zimbabwe court says military takeover was legal

Zimbabwe court says military takeover was legal

A Zimbabwe High Court has ruled that the military takeover that led to Robert Mugabe's ousting was legal, raising immediate concerns about judicial independence under the country's new administration. Army chiefs put military vehicles on the streets of Ha
Published 26 Nov, 2017 12:00am
Libya navy says over 30 migrants dead, 200 rescued off coast

Libya navy says over 30 migrants dead, 200 rescued off coast

More than 30 migrants died and 200 were rescued on Saturday after their boats foundered off Libya's western coast, the Libyan navy said. The coastguard conducted two rescue operations off the city of Garabulli, 60 kilometres (40 miles) east of Tripoli, sp
Published 26 Nov, 2017 12:00am
Libya navy says over 30 migrants dead, 200 rescued off coast

Libya navy says over 30 migrants dead, 200 rescued off coast

More than 30 migrants died and 200 were rescued on Saturday after their boats foundered off Libya's western coast, the Libyan navy said. The coastguard conducted two rescue operations off the city of Garabulli, 60 kilometres (40 miles) east of Tripoli, sp
Published 26 Nov, 2017 12:00am
Egypt mourns more than 300 killed in mosque attack

Egypt mourns more than 300 killed in mosque attack

Egypt mourned on Saturday as the death toll from a gun and bomb assault at a mosque in the Sinai Peninsula soared above 300, including children, in the deadliest attack the country has witnessed. The army said warplanes had struck militant hideouts in the
Published 26 Nov, 2017 12:00am
Egypt mourns more than 300 killed in mosque attack

Egypt mourns more than 300 killed in mosque attack

Egypt mourned on Saturday as the death toll from a gun and bomb assault at a mosque in the Sinai Peninsula soared above 300, including children, in the deadliest attack the country has witnessed. The army said warplanes had struck militant hideouts in the
Published 26 Nov, 2017 12:00am
Extension denied to former PTA chairman, member finance

Extension denied to former PTA chairman, member finance

Prime Minister Shahid Khaqan Abbasi has rejected giving another extension to former chairman and member finance of Pakistan Telecommunication Authority (PTA) and has directed that both positions be advertised afresh. The federal government had constituted
Published 26 Nov, 2017 12:00am
Extension denied to former PTA chairman, member finance

Extension denied to former PTA chairman, member finance

Prime Minister Shahid Khaqan Abbasi has rejected giving another extension to former chairman and member finance of Pakistan Telecommunication Authority (PTA) and has directed that both positions be advertised afresh. The federal government had constituted
Published 26 Nov, 2017 12:00am
Extension denied to former PTA chairman, member finance

Extension denied to former PTA chairman, member finance

Prime Minister Shahid Khaqan Abbasi has rejected giving another extension to former chairman and member finance of Pakistan Telecommunication Authority (PTA) and has directed that both positions be advertised afresh. The federal government had constituted
Published 26 Nov, 2017 12:00am
China issues more oil import quotas to 3 independent refiners

China issues more oil import quotas to 3 independent refiners

China has issued crude oil import quotas for 2017 of 1.5 million tonnes to three independent refiners, three sources familiar with the situation said on Saturday, a sign Beijing is easing its policy towards these companies sometimes known as teapots.
Published 26 Nov, 2017 12:00am
China issues more oil import quotas to 3 independent refiners

China issues more oil import quotas to 3 independent refiners

China has issued crude oil import quotas for 2017 of 1.5 million tonnes to three independent refiners, three sources familiar with the situation said on Saturday, a sign Beijing is easing its policy towards these companies sometimes known as teapots.
Published 26 Nov, 2017 12:00am
China issues more oil import quotas to 3 independent refiners

China issues more oil import quotas to 3 independent refiners

China has issued crude oil import quotas for 2017 of 1.5 million tonnes to three independent refiners, three sources familiar with the situation said on Saturday, a sign Beijing is easing its policy towards these companies sometimes known as teapots.
Published 26 Nov, 2017 12:00am
Japan to spend around $17 billion to subsidise education

Japan to spend around $17 billion to subsidise education

Japan's government will set aside around 2 trillion yen ($17.93 billion) to subsidise education costs and improve elderly care as part of an economic package due early next month, the Asahi newspaper said on Saturday. The government will earmark 800 billi
Published 26 Nov, 2017 12:00am
Japan to spend around $17 billion to subsidise education

Japan to spend around $17 billion to subsidise education

Japan's government will set aside around 2 trillion yen ($17.93 billion) to subsidise education costs and improve elderly care as part of an economic package due early next month, the Asahi newspaper said on Saturday. The government will earmark 800 billi
Published 26 Nov, 2017 12:00am
Relentless killings in Balochistan

Relentless killings in Balochistan

The recent weeks have seen a sudden rise in terrorist violence in Balochistan. Following several targeted attacks on the police, last Wednesday in two back-to-back incidents an SP investigations along with three members of his family was killed in Quetta,
Published 26 Nov, 2017 12:00am
Cooperation & integration
Exchange

Cooperation & integration

Over the past three decades, regional cooperation and integration (RECI) has benefited Asia and the Pacific, powering trade, economic growth and stability. It has attracted investment as markets were liberalised, competitiveness improved, and policy maker
Published 26 Nov, 2017 12:00am
Turkey support key as US seeks to hold on in Syria

Turkey support key as US seeks to hold on in Syria

The Islamic State group may be on the run from its last bastion in Syria but the United States is gearing up for a longer stay in the country. And if US forces are to counter Iranian and Russian influence as Syria struggles to emerge from civil war, they
Published 26 Nov, 2017 12:00am
Zimbabwe war veterans at heart of Mugabe's downfall

Zimbabwe war veterans at heart of Mugabe's downfall

Once Robert Mugabe's fiercest supporters, independence war veterans played a key role in ousting him, proving they still wield influence in Zimbabwe which only threw off colonial rule in 1980. Mugabe's reign was built on support from three pillars - ZANU-
Published 26 Nov, 2017 12:00am
Central bank autonomy
Exchange

Central bank autonomy

Why are international donor agencies like the International Monetary Fund so supportive of autonomy for the central bank? According to an IMF working paper titled Central Bank Autonomy: Lessons from global trends a large body of research has suggested tha
Published 26 Nov, 2017 12:00am
Access to quality seed: Australia provides A$500,000 to Punjab farmers

Access to quality seed: Australia provides A$500,000 to Punjab farmers

The Australian Government announces a A$500,000 program to train around 4,000 farmers from Sheikhupura and Gujranwala to produce quality seed, improve crop yield and gain better access to market. The initiative is part of the Australian Government's busin
Published 26 Nov, 2017 12:00am
FYJ visits Corps Headquarters in Peshawar

FYJ visits Corps Headquarters in Peshawar

Fata Youth Jirga from various educational institutions visited Corps Headquarters Peshawar and interacted with Corps Commander Lieutenant General Nazir Ahmed Butt.
Published 26 Nov, 2017 12:00am
Sherpao expresses concern over deteriorating situation

Sherpao expresses concern over deteriorating situation

Chairman Qaumi Watan Party Aftab Ahmad Khan Sherpao has expressed concern over the deteriorated law and order situation that new wave of terrorism would be harmful for the stability of county. He was addressing a public meeting in Kotla Mohsin Khan PK-4 P
Published 26 Nov, 2017 12:00am
Fazlur Rehman calls meeting of JUI-F Shura on December 8

Fazlur Rehman calls meeting of JUI-F Shura on December 8

JUI-F chief Maulana Fazlur Rehman has convened a joint meeting of the Central Shura and provincial amirs and general secretaries in Lahore on December 8, 2017 (Friday). The central secretary general JUI-F Maulana Abdul Ghafoor Haidery has dispatched invit
Published 26 Nov, 2017 12:00am
Shahbaz slams attack on FC vehicle in Quetta

Shahbaz slams attack on FC vehicle in Quetta

Punjab Chief Minister Muhammad Shahbaz Sharif has slammed the attack on the FC vehicle on Sariab Road Baba Chowk in Quetta. Expressing deep sense of sorrow and grief over the loss of precious human lives, Shahbaz commiserated with the bereaved families of
Published 26 Nov, 2017 12:00am
Despite 'sky-high' prices dry fruits sale picks up

Despite 'sky-high' prices dry fruits sale picks up

The sale of dry fruits items has picked up despite a manifold increase prices this year. The prices of other dry fruits like almond, cashew nut, pistachio, and walnuts have risen sharply along with a corresponding increase in demand, according to survey c
Published 26 Nov, 2017 12:00am
LUMS scholarships offer to KP's minority students

LUMS scholarships offer to KP's minority students

The Lahore University of Management Sciences (LUMS) has announced special scholarship program for minorities' students of Khyber Pakhtunkhwa. This was stated by LUMS Assistant Manager Marketing NOP, Sharjeel Mossam while speaking at ceremony, organised jo
Published 26 Nov, 2017 12:00am
Diplomatic moot held at Millennium Campus

Diplomatic moot held at Millennium Campus

The Second Day of the biggest event Millennial Model United Nations MMUN 2017 organized by Roots Flagship Millennium Campus I-9/3, Islamabad and TMUC Springs Bahria Town, Rawalpindi commenced with a noteworthy Diplomatic Moot moderated by the Ambassadors
Published 26 Nov, 2017 12:00am
KP Bar Council announces strike tomorrow

KP Bar Council announces strike tomorrow

Chairman, Administrative Committee, Khyber Pakhtunkhwa Bar Council, Syed Zahid Jamal advocate has flayed the construction of family park inside Judicial Compex Mardan and demanded immediate withdrawal of the projects and avoid forcing lawyers' community o
Published 26 Nov, 2017 12:00am
Faizabad sit-in: use of force not solution: Imran

Faizabad sit-in: use of force not solution: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said on Friday that the use of force is not the solution of the problem while exchanging his views on the operation against Faizabad sit-in where one person lost his life and over 100 got injured. He opin
Published 26 Nov, 2017 12:00am
Jamaat leader urges Abbasi to sack Law Minister over protests

Jamaat leader urges Abbasi to sack Law Minister over protests

Secretary General of Jamaat-e-Islami, Liaqat Baloch, has called upon the Prime Minister Shahid Khaqan Abbasi to dismiss Federal Law Minister Zahid Hamid who was directly responsible for the recent tampering with the laws relating to the Khatam-e-Nabuwat c
Published 26 Nov, 2017 12:00am
Bahria University holds first International conference on SMEs
Exchange

Bahria University holds first International conference on SMEs

Chief Executive Officer of Habib Metropolitan Bank Sirajuddin Aziz, said that role of the SMEs are playing a vital role in Pakistan economy and will uplift further for a sustainable development of Pakistan especially in view of CPEC agreement with China.
Published 26 Nov, 2017 12:00am
Protests erupt across Punjab cities after crackdown

Protests erupt across Punjab cities after crackdown

With the security forces lobbing teargas shells on stone-throwing workers of a religious group camped out at Islamabad's busy Faizabad Interchange to break their sit-in, the effects of crackdown seemed to be spilling over to other parts of the country. Do
Published 26 Nov, 2017 12:00am
PML-N's MPA resigns to protest crackdown

PML-N's MPA resigns to protest crackdown

Pakistan Muslim League Nawaz's (PML-N) provincial lawmaker Sahibzada Ghulam Nizamuddin Sialwi has tendered resignation in the wake of crackdown against protestors staging sit-in at Faizabad interchange. MPA from Sargodha, Sialwi also urged all his followe
Published 26 Nov, 2017 12:00am
Turkish Airlines offers Umrah Plus package

Turkish Airlines offers Umrah Plus package

Turkish Airlines (TA) is offering Umrah Plus package-'One ticket-Two Countries' for intended Pakistani Umrah pilgrims. Talking to Business Recorder, Fateh Atacan TEMEL General Manager Turkish Airlines (TA) in Karachi at TA's stall in the Pakistan's bigges
Published 26 Nov, 2017 12:00am
ERI conducts workshop in Peshawar

ERI conducts workshop in Peshawar

Educational Research Institute (ERI) has conducted a free workshop in Peshawar on Saturday to introduce its course. The workshop was conducted by the Safoora Naeem Executive Director ERI along with Sajila Abrar, Halima Abu Bakar and Fashi-ur-Rehman at Qur
Published 26 Nov, 2017 12:00am
Oscars bid for story of 'Pakistan's toughest woman'

Oscars bid for story of 'Pakistan's toughest woman'

As 200 armed men surrounded their house on a hot August night in 2005, Nazo Dharejo and her sisters grabbed their Kalashnikov and puny stock of ammunition and climbed to the roof. The gunfight which followed earned her the moniker "Pakistan's toughest wom
Published 26 Nov, 2017 12:00am
Kisan Board's appeal to Supreme Court

Kisan Board's appeal to Supreme Court

The Kissan Board Pakistan (KBP) has urged the judiciary to take suo moto against delay in crushing season because of a cartel formed by the sugar millers who belong to all political parties whether in power or opposition. It urged the judiciary to launch
Published 26 Nov, 2017 12:00am
Clinical symposium on diabetes held

Clinical symposium on diabetes held

Former vice-chancellor Fatima Jinnah Medical University (FJMU) Prof. Dr. Sardar Fakhar Imam has expressed concern over surge in burden of diabetes and called for raising awareness among people to adopt healthy lifestyle to avoid complications of the disea
Published 26 Nov, 2017 12:00am
Body formed on deferred ST refund of textile industry

Body formed on deferred ST refund of textile industry

Special Assistant to Prime Minister on Revenue, Haroon Akhtar Khan on Saturday constituted a committee on deferred sales tax refund of textile industry which will present its report in one week. He made this announcement during a meeting with representati
Published 26 Nov, 2017 12:00am
Shahbaz vows to achieve goal of establishment of healthy society

Shahbaz vows to achieve goal of establishment of healthy society

Punjab Chief Minister Shahbaz Sharif has vowed that no stone will be left unturned to achieve the goal of establishment of a healthy society. He was chairing a high-level meeting, which reviewed the pace of progress on different ongoing reforms programmes
Published 26 Nov, 2017 12:00am
Rallies taken out against Faizabad action in Sialkot

Rallies taken out against Faizabad action in Sialkot

The operation against protesters at Islamabad's Faizabad Interchange has triggered protests in Sialkot, Daska, Pasrur and Sambrial tehsils of Sialkot district on Saturday where scores of protesters have came out on streets and main roads for expressing un
Published 26 Nov, 2017 12:00am
PESSI offers medical facilities to industrial workers

PESSI offers medical facilities to industrial workers

Punjab Employees Social Security Institution (PESSI) is offering best possible medical facilities to the secured industrial workers and their families; however, special awareness sessions should be arranged particularly for the SME sector to voluntarily b
Published 26 Nov, 2017 12:00am
PTI accuses government of mishandling violence in Islamabad

PTI accuses government of mishandling violence in Islamabad

The Pakistan Tehreek-e-Insaf (PTI) on Saturday condemned the government for mishandling the protest sit-in in Islamabad and using force against the peaceful protestors belonging to the Tehreek-i-Labaik Yah Rasool Allah. Opposition Leader in Punjab Assembl
Published 26 Nov, 2017 12:00am
LCCI chief for businessmen's maximum participation in global trade fairs

LCCI chief for businessmen's maximum participation in global trade fairs

The Lahore Chamber of Commerce & Industry (LCCI) President Malik Tahir Javed, on his return from Germany after 15-day visit on Saturday, said Pakistani entrepreneurs should ensure maximum participation in the international trade fairs and exhibitions to e
Published 26 Nov, 2017 12:00am
Traders react to imposition of fines, penalties

Traders react to imposition of fines, penalties

Business community has strongly reacted to the penalties imposed by district administration and traffic police on traders and warned to call for shutter down strike if provincial government did not stop the raids under the guise of anti-encroachment campa
Published 26 Nov, 2017 12:00am
Four terrorists killed in CTD operation
Exchange

Four terrorists killed in CTD operation

The Counter-Terrorism Department (CTD) has foiled a major terror bid in Faisalabad during wee hours of Saturday morning and shot dead four terrorists of a banned organization in exchange of fire. According to CTD spokesperson, CTD Faisalabad set up a chec
Published 26 Nov, 2017 12:00am
Truecaller app to improve calling experience of Telenor users

Truecaller app to improve calling experience of Telenor users

Telenor Pakistan is enhancing the scope of its services portfolio by roping in Swedish technology company Truecaller to provide Telenor users a customized, pro version of the Truecaller application. The app will improve calling experience of Telenor users
Published 26 Nov, 2017 12:00am
KP to establish Disease Surveillance Centres
Exchange

KP to establish Disease Surveillance Centres

The government of Khyber Pakhtunkhwa is going to establish a Provincial Disease Surveillance Centre to make arrangements to prevent the spread of disease and communicate directions and recommend measures to concerned line departments.
Published 26 Nov, 2017 12:00am
NAB organizes drama competition

NAB organizes drama competition

The National Accountability Bureau (NAB) organized a drama competition at the Alhamra Art Centre to create awareness against corruption. Students from different educational institutes including University of Central Punjab (UCP) performed magnificently to
Published 26 Nov, 2017 12:00am
Shell's executive VP meets key stakeholders

Shell's executive VP meets key stakeholders

Executive Vice President for Shell Energy, Steve Hill, visited Pakistan to meet key stakeholders and look at LNG opportunities in the country. A dinner was hosted for him by Thomas Drew CMG, the British High Commissioner, and was attended by Jam Kamal Kha
Published 26 Nov, 2017 12:00am
Medicines theft: FIA launches raids against accused

Medicines theft: FIA launches raids against accused

The Federal Investigation Agency (FIA) launched action against accused involved in stealing medicine from government hospitals and selling it in open market. The FIA arrested one person during the raid. Earlier, FIA officials launched operation in Lohari
Published 26 Nov, 2017 12:00am
CCI meeting addresses KP's main concerns: Khattak

CCI meeting addresses KP's main concerns: Khattak

The Chief Minister of KP, Pervez Khattak, has said that the meeting of the Council of Common Interest (CCI) has helped in addressing most concerns raised by the province. Addressing public meetings in Akbarpura, Kandar, Tarkha and Dag Besud in district No
Published 26 Nov, 2017 12:00am
Prices of essential kitchen items witness increase

Prices of essential kitchen items witness increase

Prices of essential kitchen items witnessed an increase during this week past against the preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that prices of most of the vegetables, eggs, chicken an
Published 26 Nov, 2017 12:00am
Soggy corn raises costs for US grain exporters

Soggy corn raises costs for US grain exporters

Wet corn is piling up in the US Midwest, boosting premiums for dry grain and raising costs for exporters who already have been undercut in global markets by cheaper Argentine supplies, traders said on Tuesday. The slowest US corn harvest in three years wa
Published 26 Nov, 2017 12:00am
China ethanol imports surge to highest in nearly a year

China ethanol imports surge to highest in nearly a year

China's ethanol imports surged in October to their highest since December last year after rare shipments of the biofuel arrived from Vietnam and Pakistan even as the influx from the United States and Brazil remained low, customs data showed on Friday.
Published 26 Nov, 2017 12:00am
Statoil plants flag in Big Oil's race for 'cleaner' crude

Statoil plants flag in Big Oil's race for 'cleaner' crude

There's oil and then there's oil, says Norway's Statoil, which is pitched in a race to develop the cleanest crude as countries wean themselves off fossil fuels. While the world will need oil and gas for decades to come, Statoil's Chief Executive Eldar Sae
Published 26 Nov, 2017 12:00am
India cotton exports to drop as pink bollworms eat crop
Cotton

India cotton exports to drop as pink bollworms eat crop

India is likely to export nearly one-fifth less cotton than previously estimated as pink bollworms are set to eat into the south Asian country's output which was expected to hit a record, industry officials told Reuters on Thursday. Lower exports from the
Published 26 Nov, 2017 12:00am
Dynamic soya market stomps on USDA's long-term projections

Dynamic soya market stomps on USDA's long-term projections

US soyabean fundamentals are not getting any easier to predict, at least judging by the government's annual long-term forecasts. Market participants will soon take their first peek at US supply and demand figures for the 2018/19 crops, and a sizable revis
Published 26 Nov, 2017 12:00am
EU set for large sugar crop as liberalised market starts

EU set for large sugar crop as liberalised market starts

The European Union is set for a large sugar beet crop this winter, the first harvest in the bloc's newly deregulated sugar market, industry experts said on Friday. From October, EU farmers became free to grow as much sugar beet as they want and refiners a
Published 26 Nov, 2017 12:00am
Turkey expects Trump to 'keep promise' not to arm Syria Kurds

Turkey expects Trump to 'keep promise' not to arm Syria Kurds

Turkey expects US President Donald Trump to stick to his promise not to supply weapons to the Syrian Kurdish militia fighting Islamic State jihadists, Turkish Foreign Minister Mevlut Cavusoglu said on Saturday. "It is our most natural right to expect Trum
Published 26 Nov, 2017 12:00am
Pentagon likely to acknowledge 2,000 US troops in Syria

Pentagon likely to acknowledge 2,000 US troops in Syria

The Pentagon is likely to announce in the coming days that there are about 2,000 US troops in Syria, two US officials said on Friday, as the military acknowledges that an accounting system for troops has under-reported the size of forces on the ground. Th
Published 26 Nov, 2017 12:00am
Hariri takes critical line on Hezbollah

Hariri takes critical line on Hezbollah

Lebanese Prime Minister Saad al-Hariri said on Saturday that he would not accept Iran-backed Hezbollah's positions that "affect our Arab brothers or target the security and stability of their countries", a statement from his press office said. The stateme
Published 26 Nov, 2017 12:00am
Queensland state votes in election seen as test for far-right

Queensland state votes in election seen as test for far-right

Voters in the Australian state of Queensland went to the polls Saturday in a snap election seen as a test of support for the far-right One Nation party ahead of possible national elections next year. Final opinion polls showed a tight race between the gov
Published 26 Nov, 2017 12:00am
PNG police end standoff with refugees at Australia camp

PNG police end standoff with refugees at Australia camp

Papua New Guinea police wielding metal rods cleared the final 320 holdouts from a shuttered Australian refugee camp Friday, ending a 24-day standoff that put a global spotlight on Canberra's tough policy on asylum-seekers. Videos and photos posted by the
Published 26 Nov, 2017 12:00am
Emma Thompson leads protest over UK woman jailed in Iran

Emma Thompson leads protest over UK woman jailed in Iran

Oscar-winning actress Emma Thompson led a small protest Saturday demanding the British government do more to help a woman jailed in Iran, accusing Boris Johnson of making her situation worse. Thompson said the foreign secretary should "get on a plane" to
Published 26 Nov, 2017 12:00am
Sacked Catalan leader challenges EU to respect election outcome

Sacked Catalan leader challenges EU to respect election outcome

Catalonia's former leader challenged Spain and the European Union to respect the result of Catalan regional elections in December, saying Madrid would have to end direct rule if separatists win. Speaking from Belgium where he fled earlier this month, Carl
Published 26 Nov, 2017 12:00am
Ukraine remembers millions of victims of Stalin-era famine

Ukraine remembers millions of victims of Stalin-era famine

Ukraine on Saturday held a day of mourning for the millions of victims of a Soviet-era famine, as the war-torn nation's leaders branded it a Russian attempt to destroy the country. The 1932-33 famine, one of the darkest episodes in Ukrainian history, happ
Published 26 Nov, 2017 12:00am
Rouhani says Sochi summit 'right step, at right time' for Syria

Rouhani says Sochi summit 'right step, at right time' for Syria

The trilateral meeting between Iran, Russia and Turkey in the Russian resort of Sochi this week was "a right step, at the right time" for stability in Syria, Iranian President Hassan Rouhani told Syrian counterpart Bashar al-Assad. Russia's Vladimir Putin
Published 26 Nov, 2017 12:00am
Palestinian office in US to remain open

Palestinian office in US to remain open

The Palestine Liberation Organization office in Washington can remain open to discuss peace with Israel and may be able to resume full operations soon, the State Department said Friday. The comment came one week after US officials said the diplomatic miss
Published 26 Nov, 2017 12:00am
Ten days to crack Brexit deal, EU tells May

Ten days to crack Brexit deal, EU tells May

The European Union handed Prime Minister Theresa May a 10-day "absolute deadline" to improve her Brexit divorce offer or face failure in persuading EU leaders to open trade talks with Britain at a December summit. Without a deal next month, time will be v
Published 26 Nov, 2017 12:00am
Colombia marks anniversary of FARC deal

Colombia marks anniversary of FARC deal

Colombia on Friday marked a year since the signing of a landmark peace deal with Marxist FARC rebels, which President Juan Manuel Santos said had saved thousands of lives. Santos and FARC leader Rodrigo Londono returned to the same Bogota theater where th
Published 26 Nov, 2017 12:00am
Macron vows to combat 'shameful' violence against women

Macron vows to combat 'shameful' violence against women

French President Emmanuel Macron on Saturday proposed a raft of measures to combat the "horrific and shameful" violence against women, as he pledged to make gender equality a major cause of his administration. "Our entire society is sick with sexism," Mac
Published 26 Nov, 2017 12:00am
Rare Hitler painting donated to Dutch wartime institute

Rare Hitler painting donated to Dutch wartime institute

The Dutch national institute for wartime documentation said Saturday it has been given a rare watercolour painting by Adolf Hitler, believed to be the only one in existence in The Netherlands. The aquarelle - a technique of painting with thin transparent
Published 26 Nov, 2017 12:00am
Iraqi forces open new front in final push against IS

Iraqi forces open new front in final push against IS

Iraqi forces thrust north from the Euphrates Valley into the desert on Saturday, opening up a new front in the drive to flush out fugitive Islamic State group fighters, a commander told AFP. IS has already been driven from all the towns it once held, but
Published 26 Nov, 2017 12:00am
Bali volcano spews smoke for second time in a week

Bali volcano spews smoke for second time in a week

A rumbling volcano on the Indonesian resort island of Bali spewed smoke hundreds of metres into the air Saturday, officials said, just days after thousands were forced to flee over fears it would erupt. Mount Agung belched smoke as high as 1,500 metres (4
Published 26 Nov, 2017 12:00am
Afghan boy dies amid panic on migrant boat

Afghan boy dies amid panic on migrant boat

A 10-year-old Afghan boy was crushed to death Saturday on board an overcrowded boat carrying scores of migrants headed from Turkey to the Greek island of Lesbos, Greek news agency ANA reported. Panic erupted when the 66 migrants on board the rickety vesse
Published 26 Nov, 2017 12:00am
Two detained in China kindergarten abuse scandal
Exchange

Two detained in China kindergarten abuse scandal

Two women allegedly involved in a scandal at a Beijing kindergarten have been detained, police said Saturday, after outrage over the incident sparked a probe into schools nationwide. Authorities in Beijing's Chaoyang district opened an investigation into
Published 26 Nov, 2017 12:00am
Smith's masterful ton as England crack in Ashes battle

Smith's masterful ton as England crack in Ashes battle

Steve Smith produced a defiant unconquered century and Josh Hazlewood claimed two wickets to leave England reeling as Australia cracked open the first Ashes Test at the Gabba on Saturday. The Australian skipper played one of his greatest Test knocks with
Published 26 Nov, 2017 12:00am
Trophy of Peshawar Football League unveiled

Trophy of Peshawar Football League unveiled

The trophy unveiling ceremony of the Peshawar Football League held here at Lala Rafique Sports Arena on Saturday. Director General (DG) Sports Junaid Khan was the chief guest and formally inaugurated. A total of 10 teams carrying various names will be tak
Published 26 Nov, 2017 12:00am
Vijay, Pujara pummel Sri Lanka on day two

Vijay, Pujara pummel Sri Lanka on day two

Opener Murali Vijay and Cheteshwar Pujara hit sublime centuries to put India in command of the second Test against Sri Lanka, as the hosts took a 107-run lead on Saturday's day two. The overnight batsmen put together a 209-run partnership to pulverise the
Published 26 Nov, 2017 12:00am
Bottas beats Hamilton to take Abu Dhabi pole

Bottas beats Hamilton to take Abu Dhabi pole

Valtteri Bottas outpaced his Mercedes team-mate Lewis Hamilton to claim pole position with a record-breaking lap in Saturday's qualifying session for Sunday's season-ending Abu Dhabi Grand Prix. The 28-year-old Finn clocked a best lap in one minute, 36.23
Published 26 Nov, 2017 12:00am
National T20 semi-final postponed

National T20 semi-final postponed

Pakistan Cricket Board (PCB) has postponed semi final of National T20 Cup amid law AND order situation in the wake of sit-in at Faizabad. The match was scheduled to be played in Rawalpindi Saturday. A PCB spokesperson stated that match was postponed due t
Published 26 Nov, 2017 12:00am
Winter Polo Cup 2017 final today

Winter Polo Cup 2017 final today

Artema Medical/Black Horse Paints will vie against Honda Chenab for the top honours in the Winter Polo Cup 2017 final to be played here at the Lahore Polo Club (LPC) ground on Sunday (today). One of the finalists Artema team includes Daniyal Sheikh, Abuba
Published 26 Nov, 2017 12:00am
Gasquet, Herbert give France 2-1 Davis Cup lead

Gasquet, Herbert give France 2-1 Davis Cup lead

Richard Gasquet and Pierre-Hugues Herbert won Saturday's doubles rubber in four sets to put France 2-1 up against Belgium in the Davis Cup final. The French pair defeated Ruben Bemelmans and Joris de Loore 6-1, 3-6, 7-6 (7/2), 6-4 to leave the hosts requi
Published 26 Nov, 2017 12:00am
Relief for Tokyo as first new 2020 Olympic venue opens

Relief for Tokyo as first new 2020 Olympic venue opens

Tokyo opened its first new permanent venue for the 2020 Olympics Saturday in a welcome public relations boost for the organisers after a series of setbacks. The opening of the Musashino Forest Sport Plaza, which will host badminton and modern pentathlon f
Published 26 Nov, 2017 12:00am
Japan's Reds crowned Asian kings

Japan's Reds crowned Asian kings

Brazilian sharp-shooter Rafael Silva smashed a late winner as Japan's Urawa Reds beat 10-man Al Hilal 1-0 on Saturday to win a second Asian Champions League title. The forward, who also scored in last weekend's 1-1 first-leg draw in Riyadh, blasted a supe
Published 26 Nov, 2017 12:00am
Messi to end career at Barca after extending deal to 2021

Messi to end career at Barca after extending deal to 2021

Lionel Messi hopes to end his career at Barcelona after ending months of speculation on Saturday by signing a contract extension to 2021, sealing an agreement reached in July, the club announced. Barca had said in the summer that Messi, 30, had committed
Published 26 Nov, 2017 12:00am
French asset manager Tobam launches Europe's first bitcoin fund
Currency

French asset manager Tobam launches Europe's first bitcoin fund

Tobam, a Paris-based asset management firm, said Wednesday it has launched Europe's first mutual fund investing in bitcoin, as the virtual currency continues to rise in value. Tobam, set up in 2005 and which says it currently manages $8.8 billion in equit
Published 26 Nov, 2017 12:00am
French asset manager Tobam launches Europe's first bitcoin fund
Currency

French asset manager Tobam launches Europe's first bitcoin fund

Tobam, a Paris-based asset management firm, said Wednesday it has launched Europe's first mutual fund investing in bitcoin, as the virtual currency continues to rise in value. Tobam, set up in 2005 and which says it currently manages $8.8 billion in equit
Published 26 Nov, 2017 12:00am
Bank of Israel to buy $1.5 billion of forex in 2018
Currency

Bank of Israel to buy $1.5 billion of forex in 2018

Israel's central bank said on Thursday it plans to buy $1.5 billion worth of foreign exchange in 2018 as part of its programme to offset the effect of natural gas production on the exchange rate. It has bought the same amount over the first 10 months of 2
Published 26 Nov, 2017 12:00am
Dollar near two-month low as strong economic data underpins euro
Currency

Dollar near two-month low as strong economic data underpins euro

The dollar fell to its lowest since late September against a basket of currencies on Friday as investors grew optimistic about the strength of the euro zone's recovery and lost appetite for the greenback. The euro hit its highest since September 25 agains
Published 26 Nov, 2017 12:00am
Canadian dollar little changed
Currency

Canadian dollar little changed

The Canadian dollar was little changed against a broadly weaker US currency on Friday and gained 0.4 percent against the greenback on the week, but could face pressure next week if tepid retail sales data is any indication of broader economic health. The
Published 26 Nov, 2017 12:00am
Serbia to release dinar and euro savings bonds
Currency

Serbia to release dinar and euro savings bonds

Serbia will issue its first savings bonds, the Serbian debt agency announced on Thursday, in an effort to bolster the country's domestic debt market. The tax-free savings bonds will be issued in both dinars and euros, the preferred foreign currency, and w
Published 26 Nov, 2017 12:00am
Serbia to release dinar and euro savings bonds
Currency

Serbia to release dinar and euro savings bonds

Serbia will issue its first savings bonds, the Serbian debt agency announced on Thursday, in an effort to bolster the country's domestic debt market. The tax-free savings bonds will be issued in both dinars and euros, the preferred foreign currency, and w
Published 26 Nov, 2017 12:00am
Sterling seismograph eerily calm on EU summit
Currency

Sterling seismograph eerily calm on EU summit

For a currency that has seen some of its biggest ever one-day moves on the back of Brexit, there is a peculiar calm in sterling hedging prices surrounding December's critical European Union summit. For many, the December 13-14 get-together marks a critica
Published 26 Nov, 2017 12:00am
Tech leads Wall Street higher, Amazon and retail stocks gain
Exchange

Tech leads Wall Street higher, Amazon and retail stocks gain

Technology stocks led the S&P 500 and Nasdaq to record high closes on Black Friday, while Amazon and retail stocks got a boost from signs of a strong start to the holiday shopping season. The benchmark S&P 500 and the blue-chip Dow Jones industrials poste
Published 26 Nov, 2017 12:00am
Hedge funds sell shares in Altice USA after difficult quarter
Currency

Hedge funds sell shares in Altice USA after difficult quarter

Nearly fifty hedge funds sold over half a billion dollars of shares in Altice USA in the third quarter, according to filings, as the cable company continues to suffer from concerns over its debt level. Altice USA, the second-largest US initial public offe
Published 26 Nov, 2017 12:00am
Hedge funds sell shares in Altice USA after difficult quarter
Currency

Hedge funds sell shares in Altice USA after difficult quarter

Nearly fifty hedge funds sold over half a billion dollars of shares in Altice USA in the third quarter, according to filings, as the cable company continues to suffer from concerns over its debt level. Altice USA, the second-largest US initial public offe
Published 26 Nov, 2017 12:00am
HDFC Life to raise exposure to infrastructure stocks

HDFC Life to raise exposure to infrastructure stocks

India's HDFC Standard Life Insurance Co. is looking to invest more in the capital goods sectors and a range of companies that are expected to benefit from a major government push to build more homes and roads. Funds are likely to be put into cement makers
Published 26 Nov, 2017 12:00am
Treasuries outlook: Yields higher in light trading, inflation in focus

Treasuries outlook: Yields higher in light trading, inflation in focus

US Treasury yields rose on Friday but stayed within the tight range they have held for the past week-and-a-half as investors focused on the inflation outlook. Concern about stubbornly low inflation has boosted longer-dated debt and sent the US Treasury yi
Published 26 Nov, 2017 12:00am
Treasuries outlook: Yields higher in light trading, inflation in focus

Treasuries outlook: Yields higher in light trading, inflation in focus

US Treasury yields rose on Friday but stayed within the tight range they have held for the past week-and-a-half as investors focused on the inflation outlook. Concern about stubbornly low inflation has boosted longer-dated debt and sent the US Treasury yi
Published 26 Nov, 2017 12:00am
M7 Multi-Let scraps London IPO plan

M7 Multi-Let scraps London IPO plan

M7 Multi-Let REIT, a new firm set up to invest in industrial and office property, has become the latest business to scrap plans to float in London, pulling a listing that would have raised as much as 300 million pounds ($400 million). M7, which announced
Published 26 Nov, 2017 12:00am
M7 Multi-Let scraps London IPO plan

M7 Multi-Let scraps London IPO plan

M7 Multi-Let REIT, a new firm set up to invest in industrial and office property, has become the latest business to scrap plans to float in London, pulling a listing that would have raised as much as 300 million pounds ($400 million). M7, which announced
Published 26 Nov, 2017 12:00am
Bundesbank sees no problem buying German bonds for stimulus

Bundesbank sees no problem buying German bonds for stimulus

Germany's Bundesbank has no problem finding government bonds to buy for the European Central Bank's stimulus programme and opposes changing the parameters of the 2.55 trillion-euro scheme, one of its directors said on Monday. Joachim Wuermelling, the Bund
Published 26 Nov, 2017 12:00am
Bundesbank sees no problem buying German bonds for stimulus

Bundesbank sees no problem buying German bonds for stimulus

Germany's Bundesbank has no problem finding government bonds to buy for the European Central Bank's stimulus programme and opposes changing the parameters of the 2.55 trillion-euro scheme, one of its directors said on Monday. Joachim Wuermelling, the Bund
Published 26 Nov, 2017 12:00am
Canada's main stock index move higher
Exchange

Canada's main stock index move higher

Canada's main stock index pushed higher on Friday, led by modest gains for its heavyweight financial and energy sectors in a broad rally that helped it notch a 0.7 percent gain on the week. The Toronto Stock Exchange's S&P/TSX composite index ended the se
Published 26 Nov, 2017 12:00am
NZX boosts efforts to lure listings
Exchange

NZX boosts efforts to lure listings

New Zealand's stock exchange NZX has set up a specialist team to generate new public offerings and to target overseas businesses as it faces a dearth of listings and the loss of Xero, its star player. Investors were already fretting about the lack of new
Published 26 Nov, 2017 12:00am
Uber to disclose price on SoftBank deal

Uber to disclose price on SoftBank deal

Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor by disclosing the pricing early next week in formal tender offers to the ride-hailing service's investors, two people fam
Published 26 Nov, 2017 12:00am
White South Africa farmers in new protest

White South Africa farmers in new protest

Hundreds of white South African farmers on Saturday took to the streets of Pretoria, demanding government action over a wave of murders targeting their communities in rural areas. The march is the latest protest staged over the murder of at least 72 white
Published 26 Nov, 2017 12:00am
Italy's top cheeses 'products of cruelty'

Italy's top cheeses 'products of cruelty'

Two of Italy's most famous cheeses, Parmesan and Grana Padano, are being produced with milk from emaciated, sometimes lame cows kept permanently indoors, an animal welfare group said Saturday. Compassion in World Farming (CIWF) released film it said it ha
Published 26 Nov, 2017 12:00am
EU banks have cut exposure to Britain since Brexit vote

EU banks have cut exposure to Britain since Brexit vote

Banks on mainland Europe have cut their exposures to Britain since the Brexit vote last year and are concerned about the legality of cross-border deals once the UK leaves, the European Union's banking watchdog said on Friday. The European Banking Authorit
Published 26 Nov, 2017 12:00am
Trump asserts legal power in fight over consumer bureau

Trump asserts legal power in fight over consumer bureau

President Donald Trump has the power he needs to put his top budget aide in charge of the Consumer Financial Protection Bureau (CFPB), federal officials said on Saturday, weighing in on a battle for control over the powerful agency.
Published 26 Nov, 2017 12:00am
Eurozone consumers still addicted to cash when they buy

Eurozone consumers still addicted to cash when they buy

Cash still dominates consumer payments in the eurozone, even as many Western economies are rapidly moving towards electronic payments, a survey published by the European Central Bank showed on Friday. The figures indicate that the euro zone is one of the
Published 26 Nov, 2017 12:00am
Brazil's Oi appoints Teles as acting CEO

Brazil's Oi appoints Teles as acting CEO

Brazilian telephone carrier Oi SA, which is operating under bankruptcy court protection, appointed Eurico de Jesus Teles Neto as acting chief executive after Marco Schroeder resigned from the post on Friday, the company said in a securities filing. Teles
Published 26 Nov, 2017 12:00am
BoJ Suzuki signals room to fine-tune yield curve control
Exchange

BoJ Suzuki signals room to fine-tune yield curve control

Bank of Japan board member Hitoshi Suzuki said there is room to debate a fine-tuning of the central bank's yield curve control (YCC) policy, the Mainichi paper reported, signalling the chance it may raise interest rates before inflation hits its target. S
Published 26 Nov, 2017 12:00am
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