News Archives for Latest - 2017-12-04

Life & Style

BMW says exhaust systems do not shut off in road conditions

FRANKFURT: BMW on Monday rejected a media report that said the software in certain diesel models shut off a gas filt

Updated 09 May, 2018 09:45pm

Interview with Babar Badat, the incoming President FIATA: 'Pakistan needs a transport ministry'

Babar Badat began his logistics business as a young man in 1980. Since the beginning, he has been an active advocate for the logistics industry, while investing his time and energy on his business, which is today one of the leading and most-respected logi

Updated 06 Dec, 2017 11:12am

Miscellaneous

Lessons from Singapore Fintech (ii)

The start-up scene in Pakistan is growing at a rapid pace. However, when it comes to Fintech start-ups, there is still a

Updated 05 Dec, 2017 10:10am

World

South Korea's Oct current account surplus narrows vs. Sept

SEOUL: South Korea's current account surplus shrank in October to a seasonally adjusted $5.01 billion from $10.42 billio

Published 04 Dec, 2017 11:26pm

World

Colombia's chief negotiator with rebels steps down

BOGOTA: The Colombian government's chief peace negotiator with the country's last rebel group said Monday he will step d

Published 04 Dec, 2017 11:24pm

Financial

US tech shares sell off as global markets digest tax cut advance

NEW YORK: US stocks finished mixed Monday with high-flying technology shares experiencing profit taking as global market

Published 04 Dec, 2017 11:23pm

Front Top News

Trump decision on Israel embassy delayed until after Monday: White House

WASHINGTON: US President Donald Trump's keenly awaited decision on whether to move the US embassy in Israel from Tel Avi

Published 04 Dec, 2017 11:22pm

Financial

Australia shares seen opening lower; NZ inches down

SYDNEY: Australian shares are expected to edge lower at the opening on Tuesday ahead of a central bank interest rate mee

Published 04 Dec, 2017 10:16pm

Financial

Dow hits record as investors bet on tax cuts

NEW YORK: The Dow Jones Industrial Average reached a record high on Monday, with banks and retailers surging and technol

Published 04 Dec, 2017 10:14pm

Europe

France's Macron tells Trump concerned over Jerusalem plans

PARIS: French President Emmanuel Macron told US President Donald Trump on Monday that he was worried about the possibili

Published 04 Dec, 2017 10:12pm

Financial

TSX ends lower as energy stocks weigh; uranium companies bounce

TORONTO: Canada's benchmark stock index lost ground on Monday as energy and mining shares tracked commodity prices lower

Published 04 Dec, 2017 10:11pm

Financial

Brazil's PagSeguro considers IPO in New York

SAO PAULO: Brazilian payment processor PagSeguro Internet Ltda is considering an initial public offering in the first qu

Published 04 Dec, 2017 10:10pm

Financial

Dow ends at record amid tech sell-off

NEW YORK: Retailers and financial companies were among the gainers Monday while high-flying technology shares sold off o

Published 04 Dec, 2017 10:06pm

North America

Supreme Court allows Trump travel ban to take effect pending appeal

WASHINGTON: The US Supreme Court said Monday that the government could fully enforce a ban on travelers from six mainly

Published 04 Dec, 2017 10:04pm

North America

Middle East braces for Trump verdict on Jerusalem

WASHINGTON: US President Donald Trump was warned Monday he could spark unrest across the Middle East and smother any hop

Published 04 Dec, 2017 10:03pm

Football

Buffon, Pjanic doubts for Juve in Champions League

ATHENS: Juventus coach Massimiliano Allegri revealed captain Gianluigi Buffon and midfielder Miralem Pjanic were both in

Published 04 Dec, 2017 10:02pm

Financial

Yields up after Senate passes tax reform bill, but capped by risk

NEW YORK: US Treasury yields dropped on Monday but remained higher than their late Friday levels, boosted by increased c

Published 04 Dec, 2017 09:24pm

World Top News

Yemen's ex-president Saleh: key dates

SANAA: Key dates in the life of Yemen's former president Ali Abdullah Saleh, whose death Huthi rebels announced on Monda

Published 04 Dec, 2017 09:23pm

Commodities

White sugar falls as technicals weaken, ample stocks in focus

LONDON: White sugar futures slipped on Monday, pressured by weakening technicals and expectations of ample supplies from

Published 04 Dec, 2017 09:23pm

Financial

Wall Street cheers Senate's approval of tax bill

NEW YORK: Wall Street indexes surged on Monday after the US Senate passed its version of a tax code overhaul, bringing t

Published 04 Dec, 2017 09:22pm

Front Top News

UN seeks humanitarian pause in Sanaa where streets ‘battlegrounds’

GENEVA: The United Nations called on Monday for a humanitarian pause in the Yemeni capital of Sanaa on Tuesday to allow

Published 04 Dec, 2017 09:22pm

World

Turkey inflation hits highest level since 2003

ANKARA: Turkey's inflation in November hit its highest annual rate in 14 years at nearly 13 percent, according to offici

Published 04 Dec, 2017 09:21pm

Financial

TSX rises as financial and industrial shares rally

TORONTO: Canada's main stock index rose on Monday, led by financial and industrial shares after news that the US Senate

Published 04 Dec, 2017 09:20pm

North America

Trump endorses accused child molester Moore for Senate

WASHINGTON: US President Donald Trump on Monday issued his most explicit endorsement to date of embattled Republican Sen

Published 04 Dec, 2017 09:19pm

Financial

Sterling hits one-month high vs euro on ‘rexit breakthrough’hopes

LONDON: Sterling jumped to a one-month high against the euro on Monday after a member of the European Parliament's Brexi

Published 04 Dec, 2017 09:18pm

Financial

Spain to issue up to 9.75bn euros debt this week

MADRID: Spain will issue between 7.25 billion and 9.75 billion euros ($8.6 billion-$11.6 billion) in debt this week, wit

Published 04 Dec, 2017 09:17pm

Financial

South African rand rises on signs Ramaphosa doing well in ANC race

JOHANNESBURG: South Africa's rand gained 1 percent against the US dollar on Monday on signs that Deputy President Cyril

Published 04 Dec, 2017 09:17pm

Energy

South Africa to hike petrol, diesel prices in December

JOHANNESBURG: The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday

Published 04 Dec, 2017 09:16pm

General News

Sindh approves Rs9.3 per kg additional subsidy on sugar export

KARACHI: Sindh government in a major decision has approved an additional subsidy of Rs. 9.3 per kilogram subsidy on expo

Published 04 Dec, 2017 09:15pm

Industry

Ryanair traffic growth hits three-year low in November

LONDON: Ryanair passenger traffic grew at the slowest pace in three years last month, data from the Irish no-frills airl

Published 04 Dec, 2017 09:14pm

Financial

Romania sells 622mn lei of July 2027 treasury bonds

BUCHAREST: Romania sold a more than planned 622 million lei ($159.55 million) of July 2027 treasury bonds on Monday, wit

Published 04 Dec, 2017 09:13pm

Money & Banking

Romania central bank's Nov. FX reserves fall to 33.1bn euros

BUCHAREST: The Romanian central bank's foreign exchange reserves, excluding 103.7 tonnes of gold, fell by 870 million eu

Published 04 Dec, 2017 09:12pm

North America

Republicans push for US govt funding extension as shutdown looms

WASHINGTON: US Republicans say they are confident of averting a government "shutdown" that would see basic services come

Published 04 Dec, 2017 09:12pm

Energy

Qatar raises Nov Marine crude to $61.45/bbl

SINGAPORE: Qatar has set its November retroactive official selling price (OSP) for its Marine crude at $61.45 a barrel,

Published 04 Dec, 2017 09:11pm

Money & Banking

Norway central bank awards NOK 5bn in F-deposits

OSLO: Norway's central bank has awarded 5 billion Norwegian crowns ($600.98 million) in an F-deposit for Dec. 4-8, with

Published 04 Dec, 2017 09:10pm

Money & Banking

Nigeria central bank weakens naira to 307/US$ for first time on official market

LAGOS: Nigeria's central bank on Monday weakened the naira marginally, selling dollars at 307 naira each for the first t

Published 04 Dec, 2017 09:10pm

Commodities

Nickel get boost from Chinese steel market gains

LONDON: Nickel gained on Monday as the metal mainly used in stainless steel got a boost after Chinese steel futures touc

Published 04 Dec, 2017 09:09pm

World

Net exports help Greek economy expand for third consecutive quarter

ATHENS: Greece's economy expanded for a third straight quarter in the July-to-September period but grew at a slower clip

Published 04 Dec, 2017 09:08pm

Front Top News

NATO chief hails Tillerson role on N.Korea

BRUSSELS: The head of NATO on Monday praised embattled US Secretary of State Rex Tillerson for his "key role" in the Nor

Published 04 Dec, 2017 09:08pm

Europe

British PM says still confident can reach Brexit deal with EU

BRUSSELS: British Prime Minister Theresa May said she was confident of getting an agreement with the European Union on m

Published 04 Dec, 2017 09:05pm

Commodities

Egypt aims to increase wheat cultivation to 3.74mn acres

CAIRO: Egypt, the world's largest wheat importer, is looking to plant 3.74 million acres of the crop this season, up fro

Published 04 Dec, 2017 09:03pm

Energy

OPEC oil output falls in November to lowest since May

LONDON: OPEC oil output fell in November by 300,000 barrels per day (bpd) to its lowest since May, a Reuters survey foun

Published 04 Dec, 2017 09:02pm

World

Irish tax take ahead of target in November

DUBLIN: Ireland's tax take was ahead of target at the end of November for the first time since February, the Finance Min

Published 04 Dec, 2017 09:00pm

Money & Banking

Germany keeps falling behind in ECB bond buys

FRANKFURT: The European Central Bank bought fewer German bonds than it should have for the eighth consecutive month in N

Published 04 Dec, 2017 08:59pm

Energy

West Africa Crude-Spot trade quiet, but demand firm for Angolan

LONDON: Spot trading was quiet, but Asian demand continued to clear Angolan loadings. Chevron sold its cargo of Agbam

Published 04 Dec, 2017 08:58pm

Financial

Britain's FTSE lags European rally as Brexit talks fail

LONDON: The UK's top share index rose from a two-month low on Monday but lagged behing European peers in a broader rally

Published 04 Dec, 2017 08:55pm

General News

NA speaker stresses the need for collective efforts to counter menace of illicit drug

ISLAMABAD: The Speaker National Assembly Sardar Ayaz Sadiq has said that illicit drugs is a common challenge and Parliam

Published 04 Dec, 2017 08:54pm

Energy

Med Crude-Urals diffs rise in NWE, stable in Med

MOSCOW: Urals crude differentials in northwest Europe rose on Monday on limited availability of the grade in December, w

Published 04 Dec, 2017 08:54pm

Commodities

Indian rice offered lowest in Iraq's 30,000 T tender

HAMBURG: The lowest price offer received by Iraq's state grains buyer in a tender to purchase at least 30,000 tonnes of

Published 04 Dec, 2017 08:53pm

Middle East

Muslim nations call for summit if Trump recognises Jerusalem

RIYADH: The Organisation of Islamic Cooperation on Monday called for a summit of Muslim nations if the United States tak

Published 04 Dec, 2017 08:53pm

General News

Muqam lays wreath at grave of Shaheed Bilal Ahmad

ISLAMABAD: Advisor to the Prime Minister Engr Amir Muqam has urged the political leadership to shun their differences fo

Published 04 Dec, 2017 08:52pm

North America

White House: Trump spoke to Moore, endorsed his Senate campaign

WASHINGTON: President Donald Trump spoke to US Senate candidate Roy Moore of Alabama on Monday and endorsed his campaign

Published 04 Dec, 2017 08:52pm

Money & Banking

Moody's threatens one-notch cut to CVS ratings

NEW YORK: Moody's warned Monday it may cut CVS Health Corp's Baa1 credit by one notch on concerns over the debt load nee

Published 04 Dec, 2017 08:51pm

Financial

Qatar jumps on hope diplomatic dispute will be resolved

DUBAI: Qatar's stock market jumped by its biggest margin in nearly five months on Monday because of hopes that Doha's di

Published 04 Dec, 2017 08:51pm

Commodities

European vegoils-Palm oil follows edible oil futures lower

ROTTERDAM: Prices of palm oil on the European vegetable oils market mostly fell on Monday due to weaker Malaysian palm o

Published 04 Dec, 2017 08:50pm

Cricket

Mathews, Chandimal hit tons as Sri Lanka survive smoggy Delhi

NEW DELHI: Skipper Dinesh Chandimal and Angelo Mathews hit defiant centuries in soaring Delhi pollution before Indian bo

Published 04 Dec, 2017 08:50pm

Industry

Lufthansa CEO: prepared to give up most of Niki slots to get EU approval

FRANKFURT: Lufthansa is prepared to give up a large part of carrier Niki's airport slots in order to get EU approval for

Published 04 Dec, 2017 08:50pm

Industry

Amazon Australia goes live in time to ruin rivals' Christmas

SYDNEY: Amazon.com Inc's Australian arm said it would start taking orders on Tuesday, ending speculation about the timin

Published 04 Dec, 2017 08:50pm

Europe

London mayor says wants special Brexit deal if Northern Ireland gets one

LONDON: London should get a special Brexit deal allowing it to stay within the European Union's single market and custom

Published 04 Dec, 2017 08:49pm

Commodities

European feeds-Soymeal up with CBOT on Argentine weather worries

ROTTERDAM: Soymeal on the European meals and feeds market rallied on Monday following steep gains in CBOT soymeal future

Published 04 Dec, 2017 08:48pm

Commodities

Little rain for Ivory Coast cocoa belt as dry season starts

ABIDJAN: Ivory Coast cocoa regions received little or no rain last week as the dry season took hold, though downpours ea

Published 04 Dec, 2017 11:48pm

Commodities

Ivory coast cocoa port arrivals seen at 510,000 T by Dec 3

ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached about 510,000 tonnes by Dec. 3 since the start of the

Published 04 Dec, 2017 08:48pm

North America

UN political affairs chief to visit North Korea this week

UNITED NATIONS: United Nations political affairs chief Jeffrey Feltman will visit North Korea from Tuesday to Friday to

Published 04 Dec, 2017 08:47pm

World

Ireland expects Apple back tax in escrow account in Q1, 2018

BRUSSELS: Ireland expects iPhone maker Apple to start paying up to 13 billion euros ($15.4 billion) in back taxes into a

Published 04 Dec, 2017 08:47pm

Middle East

Iraq death toll at lowest level in five years

BAGHDAD: The death toll from violence in Iraq has fallen to its lowest monthly level in five years following the Islamic

Published 04 Dec, 2017 08:46pm

Money & Banking

UniCredit shareholders back proposed changes to governance

MILAN: Shareholders in UniCredit gave their near unanimous approval on Monday to proposed changes in its governance rule

Published 04 Dec, 2017 08:46pm

Asia

India's Rahul Gandhi set to take over as Congress chief

NEW DELHI: Rahul Gandhi could be named head of India's opposition Congress Party within hours, a source said, shortly af

Published 04 Dec, 2017 08:45pm

Europe

Indian tycoon Mallya has case to answer on fraud, UK court hears

LONDON: Indian liquor and aviation tycoon Vijay Mallya has a case to answer over fraud allegations, a London Court heard

Published 04 Dec, 2017 08:45pm

Financial

Bank stocks favored over tech as tax bill makes headway

NEW YORK: The S&P 500 and the Dow rose to record highs on Monday, led by gains in bank stocks, after Republican-led

Published 04 Dec, 2017 08:45pm

World

Mexico inflation seen up in Nov as central bank warns of shocks

MEXICO CITY: Annual inflation in Mexico is seen accelerating in November due to rising prices for electricity, tourism s

Published 04 Dec, 2017 08:43pm

Industry

Uber joins forces with global public transport association

BRUSSELS: Ride-hailing app Uber said on Monday it was joining a global public transport association to improve mobility

Published 04 Dec, 2017 08:42pm

Financial

Stocks rise to records as US tax bill moves ahead

NEW YORK: Global stock markets rose on Monday, along with the dollar and Treasury yields, after a major US tax overhaul

Published 04 Dec, 2017 08:40pm

Europe

Eurogroup elects Portuguese chairman who defeated austerity at home

BRUSSELS: Euro zone finance ministers on Monday chose as their next chairman Portugal's Mario Centeno, a move that could

Published 04 Dec, 2017 08:39pm

Commodities

CBOT corn down over 1pc on technical selling, slow exports

CHICAGO: Chicago Board of Trade corn futures fell more than 1 percent on Monday, reversing from an earlier three-week hi

Published 04 Dec, 2017 08:37pm

Commodities

CBOT soybeans climb on soymeal surge, Argentina weather

CHICAGO: Chicago Board of Trade soybean futures edged higher on Monday, lifted by steep gains in soymeal futures and con

Published 04 Dec, 2017 08:35pm

Commodities

CBOT wheat lower on technical selling, spreading

CHICAGO: US wheat futures were mostly lower on Monday, pressured by spreading and technical selling amid abundant global

Published 04 Dec, 2017 08:34pm

Commodities

Large 2017-18 sugar surplus to cap prices in H1 2018

NEW YORK: A large global sugar surplus in 2017-18 will cap prices in the first half of 2018, but the expectation that mi

Published 04 Dec, 2017 08:33pm

Financial

Dollar climbs to 3-week peak vs yen on US tax reform prospects

NEW YORK: The dollar rose on Monday, hitting a three-week high versus the yen after the US Senate approved a major tax o

Published 04 Dec, 2017 08:32pm

Pakistan Top News

US Defence Secretary calls on COAS, discussion on regional security held

RAWALPINDI: US Secretary of Defence, General James Mattis called on Chief of Army Staff (COAS), General Qamar Javed Bajw

Published 04 Dec, 2017 08:22pm

Pakistan Top News

Debt indicators remain well within sustainability thresholds: Finance Ministry

ISLAMABAD: The spokesman of the ministry of finance while referring to a report carried by a section of media on Decembe

Published 04 Dec, 2017 08:20pm

Middle East

Saudi coalition warns Yemenis to evacuate rebel areas

RIYADH: The Saudi-led coalition fighting Yemen's Iran-backed Huthi insurgents warned civilians on Monday to evacuate reb

Published 04 Dec, 2017 08:19pm

Middle East

Qatari, Saudi ministers at summit talks despite Gulf spat

KUWAIT CITY: The foreign ministers of Saudi Arabia and Qatar attended round-table talks Monday ahead of a regional Gulf

Published 04 Dec, 2017 08:19pm

Commodities

Palm oil falls from 1-week top on ringgit's gains

KUALA LUMPUR: Malaysian palm oil futures fell from a one-week high on Monday evening, weighed down by a stronger ringgit

Published 04 Dec, 2017 08:18pm

Energy

Oil falls after US drilling picks up

LONDON: Oil fell on Monday after US shale drillers last week added more rigs but prices still held close to their highes

Published 04 Dec, 2017 08:18pm

Movies & Music

Indian screen icon Shashi Kapoor dies aged 79

MUMBAI: Bollywood icon Shashi Kapoor -- a star of 1970s Indian cinema and a member of the Hindi film industry's famous K

Published 04 Dec, 2017 08:17pm

General News

ICCI calls for urgent measures to resolve water shortage issue in Islamabad

ISLAMABAD: Showing concerns over the acute water shortage issue in the federal capital, Sheikh Amir Waheed, President, I

Published 04 Dec, 2017 08:15pm

North America

Honduras concludes vote recount, no winner declared

TEGUCIGALPA: Honduran electoral authorities concluded a recount early Monday, more than a week after a bitterly conteste

Published 04 Dec, 2017 08:15pm

Financial

Tax deal sends dollar higher, Wall Street set for strong day

LONDON: The dollar jumped on Monday versus the currencies of most other developed and emerging nations while Treasury yi

Published 04 Dec, 2017 08:14pm

Pakistan Top News

Pak-US underlines need for rebuilding trust: Asif

ISLAMABAD: Foreign Minister Khawaja Muhammad Asif on Monday said the United States wanted to have rebuilding trust for p

Published 04 Dec, 2017 08:13pm

Europe

Germany's SPD lay out position for talks with Merkel

BERLIN/MUNICH: The leaders of Germany's Social Democrats (SPD) agreed on Monday to enter talks with Chancellor Angela Me

Published 04 Dec, 2017 08:13pm

Business & Finance

CPEC opens new horizon of development to world: Ahsan Iqbal

LAHORE: Federal Interior Minister Ahsan Iqbal said on Monday that China-Pakistan Economic Corridor (CPEC) was opening up

Published 04 Dec, 2017 08:12pm

Europe

GEMS Education picks banks for $5bn London IPO

LONDON: GEMS Education's owners have chosen JP Morgan, Credit Suisse, Bank of America Merrill Lynch and Morgan Stanley t

Published 04 Dec, 2017 08:12pm

Football

Football: Wenger refuses to give up on Premier League title

LONDON: Arsenal boss Arsene Wenger is refusing to concede defeat in the Premier League title race even though his team a

Published 04 Dec, 2017 08:11pm

Arts

Marriyum expresses deep sense of sorrow over demise of Shashi Kapoor

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb has expressed deep s

Published 04 Dec, 2017 08:11pm

World

Fed rate expectations on the rise before tax cuts passed Senate

BENGALURU: The US Federal Reserve is almost certain to raise interest rates later this month, according to a Reuters pol

Published 04 Dec, 2017 08:11pm

Industry

Facebook to launch chat app for kids, with parental controls

SAN FRANCISCO: Facebook on Monday unveiled a version of its Messenger application for children, aimed at enabling kids u

Published 04 Dec, 2017 08:10pm

General News

Draconian laws regarding media promulgated by dictators should be amended: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting, National History and Literary Heritage Ms Marriyum Aurangzeb

Published 04 Dec, 2017 08:10pm

Europe

EU's Tusk cancels Mideast trip for 'critical' Brexit talks

BRUSSELS: EU President Donald Tusk has cancelled a trip to Israel and the Palestinian territories this week because talk

Published 04 Dec, 2017 08:09pm

General News

Nawaz signed CoD for strengthening democracy: Tanveer

ISLAMABAD: Minister for Defence Production Rana Tanveer Hussain Monday said the Charter of Democracy (CoD) was signed by

Published 04 Dec, 2017 08:08pm

General News

PML-N to continue work for welfare, economic progress, democracy: Khurram

ISLAMABAD: Minister for Defence, Engineer Khurram Dastagir Khan on Monday said Pakistan Muslim League Nawaz (PML-N) gove

Published 04 Dec, 2017 08:06pm

General News

LHC orders installation of CCTV cameras in govt schools, buses for speech, hearing-impaired children

LAHORE: Lahore High Court Chief Justice Syed Mansoor Ali Shah on Monday ordered for installation of CCTV cameras in gove

Published 04 Dec, 2017 08:05pm

General News

KP PA strongly condemns terrorist attack on ATI

PESHAWAR: The Khyber Pakhtunkhwa Assembly Monday strongly condemned terrorist attack on Agriculture Training Institute (

Published 04 Dec, 2017 08:03pm

Pakistan Top News

Pak role vitol to bring peace in Afghanistan: US Defence Sec

ISLAMABAD: US Secretary of Defence James Mattis recognizing Pakistan's sacrifices in the war against terrorism, emphasiz

Published 04 Dec, 2017 08:02pm

Africa

Zimbabwe's new president urges public unity as cabinet sworn in

HARARE: Zimbabwe's new president, Emmerson Mnangagwa, called for public unity to revive the country's sickly economy as

Published 04 Dec, 2017 07:56pm

Middle East

Yemen ex-president Saleh confirmed dead: party official

SANAA: The party of Yemen's former president and strongman Ali Abdullah Saleh on Monday confirmed that he has been kille

Published 04 Dec, 2017 07:55pm

Industry

VW aims at ride-pooling market with all-electric minibus

BERLIN: Volkswagen has unveiled an all-electric minibus to target urban customers who prefer to pay for use rather than

Published 04 Dec, 2017 07:55pm

North America

US teen gets suspended sentence over Auschwitz vandalism

WARSAW: A Polish court on Monday handed an American teenager a suspended one-year prison sentence for etching his name o

Published 04 Dec, 2017 07:54pm

World

US factory orders slip; core capital goods orders revised up

WASHINGTON: New orders for US-made goods fell less than expected in October and shipments of core capital goods were muc

Published 04 Dec, 2017 07:53pm

North America

Trump poised for crucial decision on Jerusalem

WASHINGTON: US President Donald Trump faces a key decision this week on whether to recognize Jerusalem as Israel's capit

Published 04 Dec, 2017 07:43pm

Energy

Total to supply LNG fuel for CMA CGM's future container ships

PARIS: Total will supply liquefied natural gas (LNG) to CMA CGM to fuel the container shipping group's future very large

Published 04 Dec, 2017 07:42pm

Europe

Syrian walkout from Geneva talks ‘an embarrassment to Russia’: opposition

GENEVA: The decision by President Bashar al-Assad's negotiators to quit UN-led talks in Geneva last week was an embarras

Published 04 Dec, 2017 07:42pm

Industries & Sectors

Surplus power production great achievement of the government: FPCCI

ISLAMABAD: The United Business Group (UBG) of FPCCI on Monday lauded the government for achieving a milestone by ensurin

Published 04 Dec, 2017 07:41pm

Financial

Sri Lankan shares slip; telecom stocks lead

COLOMBO: Sri Lankan shares fell slightly on Monday, hovering near a more than two-month closing low hit early last week,

Published 04 Dec, 2017 07:40pm

Financial

Sri Lankan rupee ends steady as dollar remittances offset demand

COLOMBO: The Sri Lankan rupee closed steady on Monday as dollar inflows through inward remittances and exporter greenbac

Published 04 Dec, 2017 07:40pm

World

Russian economic growth slows to 1pc y/y in Oct

MOSCOW: The Russian economy grew by 1 percent year-on-year in October after expanding by 2.4 percent in September, the e

Published 04 Dec, 2017 07:39pm

Sports

RugbyU: Kenya fires coach Jerome Paarwater

NAIROBI: Kenya fired its national rugby union coach Jerome Paarwater on Monday after five years in charge during which h

Published 04 Dec, 2017 07:38pm

Industry

PSA Group and Nidec to set up electric motor venture

PARIS: Peugeot maker PSA Group and Japan's Nidec Corp will invest 200 million euros ($237 million) in a joint venture to

Published 04 Dec, 2017 07:37pm

Pakistan Top News

Prime suspect in Do Darya shootout sent on physical remand

KARACHI: A judicial magistrate on Monday remanded a prime suspect in Do Darya shootout case Khawar Hussain Burney in pol

Published 04 Dec, 2017 07:37pm

Europe

EU's Juncker ‘just spoke’ with Irish PM Varadkar on Brexit

BRUSSELS: European Commission President Jean-Claude Juncker spoke with Ireland's Prime Minister, his spokesman said, as

Published 04 Dec, 2017 11:35pm

General News

PM, US Sec Defence discuss regional security situation

ISLAMABAD: US Secretary of Defense James Mattis called on Prime Minister Shahid Khaqan Abbassi here on Monday and discus

Published 04 Dec, 2017 07:35pm

Managed Funds

Euro zone bond yields rise as Eurogroup meeting looms

LONDON: Euro zone bond yields rose on Monday after the US Senate passed a tax bill over the weekend, increasing the chan

Published 04 Dec, 2017 10:46pm

Cricket

England still in the second Ashes Test, says Woakes

ADELAIDE: England still believe they have a winning chance in the first-ever Ashes day-night Test despite Australia's st

Published 04 Dec, 2017 07:34pm

Money & Banking

Egypt foreign reserves rise to $36.723bn at end-November

CAIRO: Egypt's foreign reserves rose slightly to $36.723 billion at the end of November from $36.703 billion at the end

Published 04 Dec, 2017 09:32pm

Europe

DR Congo govt recruited rebels for deadly crackdown on protests: HRW

BRUSSELS: Former rebels were recruited by Democratic Republic of Congo authorities for a crackdown on protests against t

Published 04 Dec, 2017 07:31pm

Financial

Dollar jumps on US tax-cut passage

LONDON: The dollar advanced against major rivals Monday after US senators squeezed through a tax-cut bill at the weekend

Published 04 Dec, 2017 07:31pm

Industry

Diesel trade-ins prompted by scandal boost German car sales

FRANKFURT AM MAIN: Sales of new cars in Germany jumped in November, figures released by the country's automobile industr

Published 04 Dec, 2017 07:30pm

Cricket

Hales faces no charges over nightclub incident: ECB

LONDON: Batsman Alex Hales will face no criminal charges over a fracas that resulted in an England suspension for him an

Published 04 Dec, 2017 07:28pm

Cricket

Indian pacer Bumrah earns maiden Test call-up

NEW DELHI: India's national selectors on Monday handed a maiden Test spot to promising fast bowler Jasprit Bumrah in a 1

Published 04 Dec, 2017 07:26pm

Commodities

Corn at 3-month high on LatAm weather; Australia crop supports wheat

SINGAPORE/PARIS: Chicago soybeans rose for a second session to highest in more than three weeks while corn climbed to it

Published 04 Dec, 2017 07:24pm

Commodities

Colombia coffee output down 21pc in November, exports down 12pc

BOGOTA: Colombia produced 1.3 million 60-kg bags of washed arabica coffee in November, down 21 percent from a year earli

Published 04 Dec, 2017 07:24pm

Commodities

Cocoa slumps as currency and crop outlook weigh

LONDON: London cocoa futures tumbled on Monday to a 2-1/2 month low as currency pressure and favourable crop weather in

Published 04 Dec, 2017 07:23pm

Asia

China and Canada sign trade agreements during Trudeau visit

BEIJING: Visiting Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang signed three trade agreements on

Published 04 Dec, 2017 07:23pm

Financial

Stocks buck German rally, Richter plunge pulls down Budapest

BUDAPEST/WARSAW: Central European stocks eased on Monday, dragged down by a sell-off in Hungary driven by drugmaker Rich

Published 04 Dec, 2017 07:21pm

Commodities

CBOT Trends-Soybeans up 9-11 cents, wheat up 3-4, corn up 1-2

CHICAGO: Following are US trade expectations for the resumption of the grain and soy complex trading at the Chicago Boar

Published 04 Dec, 2017 07:20pm

Financial

C$ near flat vs firmer greenback after posting 5-week high

TORONTO: The Canadian dollar was nearly unchanged against its broadly firmer US counterpart on Monday, after hitting a f

Published 04 Dec, 2017 07:20pm

Europe

Brexit deal on Ireland will ensure no hard border

DUBLIN: British and European Union negotiators are "very close to final agreement" on issues relating to Ireland that wi

Published 04 Dec, 2017 11:18pm

Commodities

Brazil's soy crop view raised as rains boost yields, says FCStone

SAO PAULO: Brazil's 2017/18 soy crop could reach 107.6 million tonnes, broker and analyst INTL FCStone said on Monday, r

Published 04 Dec, 2017 07:18pm

Energy

Brazil oil output slips in Oct as natural gas production rises

RIO DE JANEIRO: Oil production in Brazil fell and natural gas output rose in October from the prior month, oil regulator

Published 04 Dec, 2017 09:15pm

Commodities

Australia's 2017/18 wheat output forecast to fall further to 20.3mn T

SINGAPORE: Australia's 2017/18 wheat production is expected to decline further, the Australian Bureau of Agricultural an

Published 04 Dec, 2017 07:15pm

Money & Banking

Angola's central bank raises benchmark lending rate to 18 percent

LUANDA: Angola's central bank raised its benchmark lending rate by 200 basis points to 18 percent, the regulator said on

Published 04 Dec, 2017 11:08pm

Financial

Wall St opens higher on Senate tax bill approval

NEW YORK: Wall Street's main indexes surged at the opening on Monday after the US Senate passed its version of a tax ove

Published 04 Dec, 2017 05:24pm

Europe

Kremlin says Putin not influenced by ex-US Trump official Flynn

MOSCOW: The Kremlin said on Monday that Russian President Vladimir Putin had taken a decision not to immediately respond

Published 04 Dec, 2017 05:23pm

Commodities

Indian soyoil futures fall, tracking Malaysian palm

NEW DELHI: Indian soyoil futures were set to close lower on Monday, tracking rival Malaysian palm. Malaysian palm oil

Published 04 Dec, 2017 05:23pm

Football

Football: Pochettino says Spurs will learn from poor run

LONDON: Tottenham boss Mauricio Pochettino says his struggling side can thrive on criticism over their patchy form, admi

Published 04 Dec, 2017 05:21pm

Football

Football: Messi's statue vandalised again

BUENOS AIRES: The statue of Lionel Messi in Buenos Aires has been vandalised again -- this time the Argentine hero was c

Published 04 Dec, 2017 05:21pm

Europe

Czech PM candidate Babis: best to approve 2018 budget as proposed by outgoing govt

PRAGUE: The Czech parliament would best approve the 2018 budget as proposed by the outgoing government, prospective Prim

Published 04 Dec, 2017 05:20pm

Asia

Cathay flight crew 'saw' North Korea missile from plane

HONG KONG: Hong Kong carrier Cathay Pacific said Monday that one of its air crews spotted what they believed to be the m

Published 04 Dec, 2017 05:19pm

Europe

Bosnia puts militant arrested with weapons in detention

SARAJEVO: Bosnian authorities have ordered the detention of a militant who was arrested last week in Sarajevo in possess

Published 04 Dec, 2017 05:18pm

World

Bitcoin dips below $11,000 after setting another record high

LONDON: Bitcoin dipped back under $11,000 on Monday, coming off a record high just shy of $11,800 it hit on Sunday after

Published 04 Dec, 2017 05:16pm

General News

All resources being utilized for public welfare: Shahbaz

ISLAMABAD: Chief Minister Punjab Muhammad Shahbaz Sharif has said that PML-N government believes in service of masses an

Published 04 Dec, 2017 05:15pm

Asia

Afghan cabinet nominees approved after months of stalemate

KABUL: Afghanistan's parliament on Monday approved 11 nominees for ministerial posts after months of deadlock, following

Published 04 Dec, 2017 05:05pm

Front Top News

UN assembly starts drafting plan for 'pollution-free planet'

NAIROBI: Humans are poisoning their environment and themselves at an alarming rate, with pollution of the oceans, soil a

Published 04 Dec, 2017 10:54pm

General News

LHC disposes of petition after MWM leader appears in court

LAHORE: The Lahore High Court (LHC) Monday disposed of a petition filed for the recovery of Nasir Abbas Shirazi, deputy

Published 04 Dec, 2017 10:47pm

Business & Finance

China ready to discuss participation of more countries in CPEC’s construction: Spokesperson

BEIJING: A spokesperson of Chinese Ministry of Foreign Affairs Monday said that China-Pakistan Economic Corridor (CPEC)

Published 04 Dec, 2017 07:55pm

Pakistan Top News

Electricity generated during last four years had no parallel in history of Pakistan: Marriyum

ISLAMABAD: The amount of electricity which was generated during the last four years had no parallel in the history of Pa

Published 04 Dec, 2017 09:53pm

Money & Banking

Hungarian central bank raises liquidity in banking system

BUDAPEST: Hungary's central bank (NBH) increased the surplus liquidity it provides to the banking system to 1.456 trilli

Published 04 Dec, 2017 11:31pm

World Top News

WHO reviewing data on Sanofi dengue vaccine, urges limited use

GENEVA: The World Health Organization (WHO) said on Monday it hoped to conduct a "full review" by year-end of data on Sa

Published 04 Dec, 2017 11:20pm

Financial

Dollar hits 3-week high vs yen on US tax bill prospects

NEW YORK: The dollar rose against most currencies on Monday, hitting a three-week high versus the yen after the US Senat

Published 04 Dec, 2017 10:40pm

Energy

Oil eases with Brent down $1 as market eyes US output

NEW YORK: Oil fell more than 1 percent on Monday as the market saw signs of continuing US production increases, though p

Published 04 Dec, 2017 09:55pm

Industry

Trade union sets deadline in talks over Thyssenkrupp Tata Steel deal

DUESSELDORF: German labour union IG Metall has given Thyssenkrupp until Dec. 22 to agree guarantees on jobs, plants and

Published 04 Dec, 2017 09:42pm

World

Brazil 2017 inflation target elusive despite November uptick

SAO PAULO: Brazil's inflation rate is likely to undershoot the official 2017 target despite an uptick in November, a Reu

Published 04 Dec, 2017 08:30pm

Financial

Brazil stocks rise as China output cuts boost iron ore

SAO PAULO: Brazilian stocks rose on Monday after the Chinese government ordered cutbacks to steel production, leading to

Published 04 Dec, 2017 09:20pm

Financial

TSX near flat as oil drop offsets US tax bill boost

TORONTO: Canada's main stock index dipped on Monday as energy and mining shares tracked commodity prices lower, offsetti

Published 04 Dec, 2017 10:40pm

Industry

Philippines orders probe into Sanofi dengue vaccine for 730,000 children

MANILA: The Philippines ordered an investigation on Monday into the immunisation of more than 730,000 children with a va

Published 04 Dec, 2017 10:18pm

Football

Mourinho not risking Zlatan ahead of City clash

MANCHESTER: Manchester United manager Jose Mourinho says he will not risk Zlatan Ibrahimovic in their Champions League m

Published 04 Dec, 2017 07:30pm

Europe

Portugal's Centeno picked as new Eurogroup chief: EU

BRUSSELS: Portuguese Finance Minister Mario Centeno was picked as the new head of the Eurogroup on Monday, with the key

Published 04 Dec, 2017 07:15pm

General News

Aftab for speedy release of funds for SDP

ISLAMABAD: Federal Minister for Parliamentary Affairs Sheikh Aftab on Monday asked officials concerned of different mini

Published 04 Dec, 2017 11:30pm

Pakistan Top News

No safe havens in Pakistan; PM tells Gen Mattis

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday reiterated that there were no safe havens in Pakistan and the enti

Published 04 Dec, 2017 11:15pm

General News

PIA commences flight operation from Lahore to Muscat

KARACHI: The Pakistan International Airlines (PIA) has commenced its flight operation from Lahore to Muscat and operates

Published 04 Dec, 2017 11:00pm

General News

NADRA mobile vans to issue CNIC's at UC level

NAWABSHAH: NADRA Regional Head Office Sukkur has announced that NADRA Mobile Van would visit District Shaheed Benaziraba

Published 04 Dec, 2017 10:45pm

General News

Nawaz Sharif's request for one week exemption from attendance accepted

ISLAMABAD: An accountability court (AC) of Islamabad Monday accepted the plea of former prime minister Muhammad Nawaz Sh

Published 04 Dec, 2017 10:30pm

General News

Double murder case registered

SIALKOT: The Muradpur police have registered a double murder case against a proclaimed offender, Yasir alias Taina, and

Published 04 Dec, 2017 10:00pm

General News

132 KV of Jiwan line connects with Gwadar Grid Sation

QUETTA: Tehsil Jiwani and its suburbs area of 132 KV was attached with Gwadar Grid Station to ensure supply of electrici

Published 04 Dec, 2017 08:00pm

General News

IHC seeks report over legal status of agreement with TLYR's protesters

ISLAMABAD: The Islamabad High Court (IHC) Monday granted time to Attorney General for Pakistan (AGP) till January 12 to

Published 04 Dec, 2017 07:45pm

Pakistan Top News

SCP orders Ex-Mayor Karachi to explain position on illegal allotment of land

KARACHI: Chief Justice of Pakistan Mian Saqib Nisar in his orders issued Monday has asked former Mayor of Karachi, Syed

Published 04 Dec, 2017 09:00pm

Financial

US stocks back in record range as tax cut advances

NEW YORK: Wall Street stocks jumped back into record territory early Monday following Senate passage of the massive and

Published 04 Dec, 2017 03:19pm

Cricket

Fawad Alam score yet another century, seeks international return

Pakistan left hand batsman Fawad Alam, phenomenal run at the domestic circuit after he piled another century. Fawad

Published 04 Dec, 2017 03:19pm

Cricket

Ambidextrous Yasir Jan sets eyes on Pakistan

Pakistan ambidextrous bowler Yasir Jan, was indeed one of the biggest finds by Pakistan Super League team Lahore Qa

Published 04 Dec, 2017 02:40pm

Markets

RECORDER REPORT: PSX close of day

KARACHI: BRINDEX-30 closed on the upper side on Monday at 21,506.01 points with a positive change of 127.56 and volume

Published 04 Dec, 2017 01:41pm

General News

SC seeks presence of Sindh CM in water, air pollution case

KARACHI: Chief Justice of Pakistan, Mian Saquib Nisar here on Monday sought presence of Sindh Chief Minister, Syed M

Published 04 Dec, 2017 01:35pm

General News

CEC launches nationwide female NIC and voter registration campaign

ISLAMABAD: Chief Election Commissioner (CEC) Justice Sardar Muhammad Raza on Monday launched a countrywide ‘Female N

Published 04 Dec, 2017 01:30pm

Front Top News

Yemen's Huthi rebels claim ex-president Saleh killed

SANAA: Yemen's rebel-controlled interior ministry on Monday announced the "killing" of former president Ali Abdullah Sal

Published 04 Dec, 2017 01:25pm

General News

Railways officials involve in encroachment of land

ISLAMABAD: National Assembly Standing Committee on Railways said that some officials of Railways are involved in the

Published 04 Dec, 2017 01:11pm

Industry

Gucci confirms tax evasion probe

ROME: Italian fashion giant Gucci on Monday said police raided its offices over suspected tax evasion, confirming a

Published 04 Dec, 2017 01:05pm

Business & Economy

Demand for Pakistani rice increases across world

ISLAMABAD: Demand of Pakistani rice has increased due to its special fragrance, colour and quality across the world.

Published 04 Dec, 2017 01:50pm

Business & Economy

Rice export rises 16.87pc in 4 months

ISLAMABAD: Rice export from the country during first 4 months (July-October) of current fiscal year increased by 16.

Published 04 Dec, 2017 01:00pm

Pakistan Top News

US Defence Secretary calls on PM

ISLAMABAD: US Secretary of Defence James Mattis called on Prime Minister Shahid Khaqan Abbasi here on Monday. Min

Published 04 Dec, 2017 12:43pm

Business & Economy

Pakistan's E-commerce market size to grow upto $1bn by 2020

ISLAMABAD: The size of e-commerce market, one of the most important drivers of a digital Pakistan, is expected to gr

Published 04 Dec, 2017 12:33pm

General News

Ayaz Sadiq for collective efforts to counter menace of illicit drug

ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq has said that illicit drugs is a common challenge and Parliam

Published 04 Dec, 2017 12:12pm

Europe

Merkel's coalition woes pile up as ally weakened

MUNICH: German Chancellor Angela Merkel's struggling bid to form a government was hit by a new setback Monday as her

Published 04 Dec, 2017 12:08pm

Industries & Sectors

Tax exemption helps grow IT industry

ISLAMABAD: Tax exemption on Information Technology exports, IT services and products until June 2019 is an incentive

Published 04 Dec, 2017 12:02pm

SBP injects Rs1550bn into market

KARACHI: State Bank of Pakistan on Monday injected Rs 1550 billion into money market for four days as reverse repo t

Published 04 Dec, 2017 11:59am

Europe

Russian prosecutors call for 10-year sentence for ex-economy minister

MOSCOW: Russian prosecutors on Monday called for a 10-year prison sentence for former economy minister Alexei Ulyuka

Published 04 Dec, 2017 11:58am

Business & Economy

Engro partners with IFC to explore opportunities in Pakistan's logistics sector

KARACHI: Engro Corporation has signed an agreement with the International Finance Corporation (IFC), a member of the

Published 04 Dec, 2017 11:55am

Pakistan Top News

Accountability court grants Sharif exemption from future hearings

An accountability court accepted on Monday deposed Prime Minister Nawaz Sharif’s application to be exempted from fut

Updated 04 Dec, 2017 11:48am

Technology

Google’s landscraper to be as long as skyscraper's height

Similar to skyscrapers, Google is all set to start construction of its new headquarters that would be the longest ‘

Published 04 Dec, 2017 11:41am

Pakistan Top News

Lawyer asks court to suspend process of declaring Ishaq Dar proclaimed offender

An accountability court resumed on Monday the hearing against former Finance Minister Ishaq Dar regarding corruption

Updated 04 Dec, 2017 11:40am

Movies & Music

Alia Bhatt reveals what left her ‘heartbroken’

Bollywood actress Alia Bhatt has proven what lies beyond nepotism with her talent and performances in movies like ‘H

Published 04 Dec, 2017 12:00pm

Cricket

Imran Khan puzzled over Pakistan's shocking loss

Pakistan Under-19 loss against Afghanistan in the finals of the recently concluded ACC U-19 Asia Cup 2017 came as a

Published 04 Dec, 2017 11:16am

Cricket

Mukhtar Ahmed disappointed with PSL franchises

Pakistan’s aggressive opening batsman Mukhtar Ahmed is clearly upset with the Pakistan Super League (PSL) as he has

Updated 04 Dec, 2017 10:46am

Life & Style

Pamela Anderson sparks controversy for blaming sexual harassment victims

Pamela Anderson has been facing backlash over her comments that Harvey Weinstein victims walked into their own assau

Published 04 Dec, 2017 11:25am

Telecommunication

Curious case of mobile phone imports

What’s causing the surge in mobile phone imports this fiscal? As per central bank data, those imposts tallied $234 milli

Published 04 Dec, 2017 10:33am

Nawaz Sharif's 'unhappiness'

Former prime minister and head of the PML-N Nawaz Sharif is reportedly very upset by the mishandling of the sit-in in Islamabad and the subsequent total surrender to the protestors. In a meeting with party leaders in Islamabad, Nawaz Sharif said recent ev

Updated 04 Dec, 2017 10:33am

Banking

After bonds, what’s next?

It’s as if Dar’s exit was welcomed by international debt market. Just days after the finance czar’s ouster, the country

Published 04 Dec, 2017 10:32am

Cricket

Waqar Younis spills success secret of The two W's

The bowling duo of Wasim Akram and Waqar Younis, famously called The two W's, were considered probably the greatest

Published 04 Dec, 2017 10:32am

Miscellaneous

The FTA mania

In the last six months, there have been talks to revise the Pak-China FTA. A Pak-Iran FTA is on the cards with the lates

Published 04 Dec, 2017 10:31am

Brief Recordings

Interview with Babar Badat, the incoming President FIATA

Pakistan needs a transport ministry’ Babar Badat began his logistics business as a young man in 1980. Since the begin

Published 04 Dec, 2017 10:28am

Movies & Music

Tit for tat: Kangana reportedly refuses to support ‘Padmavati’ and Deepika

Bollywood’s controversial actress Kangana Ranaut is unarguably the most vocal female celebrity in the Indian movie i

Updated 04 Dec, 2017 10:22am

Technology

Samsung's future phones may use palm reading as password

Samsung might let its mobile phone users remember their phone password in a unique way, according to Samsung's publi

Published 04 Dec, 2017 10:10am

World

Wealth inequality a threat to East Asia, Pacific: World Bank

JAKARTA: A rapidly growing gap between rich and poor in many developing East Asian nations is threatening the founda

Published 04 Dec, 2017 10:09am

Movies & Music

Here’s the winners list and stars' fashion choices in Star Screen Awards 2018

The year 2017 is going to complete soon and like always the season of award functions has started. This time Star Sc

Published 04 Dec, 2017 10:40am

Business & Economy

Petroleum crude exports increase by 52.76 percent

ISLAMABAD: Country's Petroleum Crude exports increased by 52.76 percent during the first quarter of current fiscal

Published 04 Dec, 2017 09:42am

Business & Economy

Wheat exports increase 100pc in four months

ISLAMABAD: wheat exports from the country during first four months of current financial year witnessed 100 percent i

Published 04 Dec, 2017 09:41am

Financial

Sterling slips against dollar, rises vs euro before Brexit summit

LONDON: Sterling slipped against a stronger dollar on Monday but edged up against the euro, with investors focused o

Published 04 Dec, 2017 09:10am

Cricket

Throwback to when Imran Khan helped Sourav Ganguly during tough times

Despite all the tensions between the neighbors Pakistan and India, it is a well known fact that the cricketers from

Published 04 Dec, 2017 09:00am

Pakistan Top News

US defense chief lands in Pakistan as ties between allies fray

ISLAMABAD: US Defense Secretary Jim Mattis arrived in Pakistan Monday as Washington pressures its wayward ally to el

Published 04 Dec, 2017 08:32am

Technology

Elon Musk to send his Tesla’s sports car to Mars next month

Elon Musk is now preparing to send his Tesla’s sports car to the surface of Mars through his all new Falcon Heavy r

Published 04 Dec, 2017 08:28am

Pakistan Top News

IHC rejects Nawaz Sharif's application to merge references

Islamabad High Court (IHC) rejected on Monday deposed Prime Minister Nawaz Sharif’s application to merge the three r

Published 04 Dec, 2017 08:25am

Life & Style

Watch Ranbir Kapoor and Arjun Kapoor fist fighting

The Kapoors of Indian film Industry share great camaraderie and so is the case with their new generation superstars

Published 04 Dec, 2017 08:19am

Cricket

PCB to announce squad this week for New Zealand tour

As Sarfraz XI are preparing for the tour of New Zealand, Pakistan Cricket Board (PCB) is likely to announce the squ

Published 04 Dec, 2017 08:18am

Middle East

Yemen rattled by air raids as clashes spread

SANAA: A wave of air raids rattled Yemen's crisis-hit capital Monday, witnesses said, as clashes between rebels and

Published 04 Dec, 2017 07:46am

Asia

North Korea missile tests are 'imminent threat': Japan

TOKYO: North Korea's missile tests are an "imminent threat" to Japan, the Japanese parliament declared Monday, as Pr

Published 04 Dec, 2017 07:45am

Markets

RECORDER REPORT: PSX, BRIndex-30 update

KARACHI: Monday 04, December 2017 until 12:28, BRIndex 30 was at 21,496.83 with a positive change of 118.38 and volume o

Published 04 Dec, 2017 07:28am

Front Top News

Mattis says his goal of Pakistan visit is to find ‘common ground’

WASHINGTON: US Defense Secretary James Mattis said that the goal of his Pakistan visit is to find “common ground” an

Published 04 Dec, 2017 07:27am

Financial

China's yuan inches up, shrugs off dollar strength

SHANGHAI: China's yuan inched up slightly against the US dollar in thin trade on Monday, as the market shrugged off

Published 04 Dec, 2017 07:08am

Technology

After solar and wind power, waves will be used to generate electricity

After successfully using solar panels and wind turbines to generate electricity, scientists have figured out the ne

Published 04 Dec, 2017 07:04am

Life & Style

B-town bigwigs attend Mukesh Ambani’s party for London mayor

A star-studded grand reception for Pakistan-descent London Mayor Sadiq Khan was thrown by Indian billionaire Mukesh

Published 04 Dec, 2017 06:58am

Commodities

Palm hits 1-week top tracking gains in related edible oils

KUALA LUMPUR: Malaysian palm oil futures hit a one-week high on Monday, tracking gains in related edible oils on the

Published 04 Dec, 2017 06:55am

Managed Funds

JGBs down as US Treasuries fall on tax cut hopes

TOKYO: Japanese government bond prices slipped on Monday, taking cues from a fall in US Treasuries after the US Sena

Published 04 Dec, 2017 06:52am

Financial

Dollar gains on US tax cut progress; Brexit deal eyed

SYDNEY: The US dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage o

Published 04 Dec, 2017 06:44am

Financial

Dollar rises as US Senate passes tax bill, pound awaits May-Juncker meeting

TOKYO: The dollar was broadly higher on Monday, reaching a 2-1/2-week peak against the yen, lifted after the U.S. Se

Published 04 Dec, 2017 05:19am

Energy

Oil prices fall after US drillers add rigs

TOKYO: Oil fell on Monday after US shale drillers added more rigs last week, but prices still held close to their hi

Published 04 Dec, 2017 05:17am

Commodities

Corn hits 3-month high on LatAm crop concerns, short-covering

SINGAPORE: Chicago corn climbed to its highest since early September on Monday with concerns that dry weather will h

Published 04 Dec, 2017 05:09am

Financial

Tokyo stocks open flat amid Russia probe jitters

TOKYO: Tokyo stocks opened flat on Monday after three days of gains, as cautious investors watched developments in t

Published 04 Dec, 2017 05:06am

Middle East

UN calls again for Yemen ceasefire

UNITED NATIONS: UN Secretary-General Antonio Guterres on Sunday called for a ceasefire in Yemen in light of an ongoi

Published 04 Dec, 2017 05:00am

Europe

Britain's May in Brussels for Brexit moment of truth

BRUSSELS: British Prime Minister Theresa May will try to reach a deal on Brexit divorce terms with European Commissi

Published 04 Dec, 2017 04:55am

Financial

Dollar rises on US tax-cut progress but Flynn deal spooks traders

HONG KONG: The dollar rose in Asia on Monday after US senators squeezed through a tax-cut bill at the weekend, but e

Published 04 Dec, 2017 04:52am

Currency

THE RUPEE: no visible changes

The rupee sustained present levels against the dollar on the money market during the week ended on December 2, 3017. The national currency rose by 10 paisas against the dollar for buying and selling at Rs 107.30 and Rs 107.50. The rupee also picked up 95