News Archives for Latest - 2017-12-12

Life & Style

Virushka’s dreamy wedding pictures are giving us major goals

After keeping mum amid all the wedding rumors, Virat Kohli and Anushka Sharma have finally tied the knot, much to ev

Updated 06 Aug, 2020 04:19pm

Life & Style

Hyundai Motor to assemble commercial cars in Indonesia

SEOUL: Hyundai Motor Co., South Korea's largest car maker, said Tuesday that it will set up a joint venture with an

Updated 10 May, 2018 08:03pm

Financial

Wall St hits record closing highs; banks rise

NEW YORK: The S&P 500 and the Dow registered record closing highs on Tuesday with a boost from bank stocks as invest

Published 12 Dec, 2017 11:35pm

Financial

US, European stocks rise ahead of Fed announcement

NEW YORK: Equities rose on Wall Street and on major European bourses Tuesday, with US indices finishing at records again

Published 12 Dec, 2017 11:34pm

North America

US warns companies smuggling fuel to North Korea

WASHINGTON: White House National Security Advisor HR McMaster warned Tuesday that shipping companies caught smuggling go

Published 12 Dec, 2017 11:33pm

Sports

Tennis-Azarenka given wildcard for Australian Open

MELBOURNE: Twice champion Victoria Azarenka has been given a wildcard for next month's Australian Open, organisers said

Published 12 Dec, 2017 11:32pm

Football

Scottish Premiership results

GLASGOW: Scottish Premiership results on Tuesday: Hearts 2 (Goncalves 30, Berra 77) Dundee 0 Ross County

Published 12 Dec, 2017 11:32pm

Europe

Princes William and Harry attend 'Star Wars' London premiere

LONDON: Princes William and Harry attended the European premiere of "Star Wars: The Last Jedi" on Tuesday, joining the a

Published 12 Dec, 2017 11:31pm

Africa

Nigeria stripped of unbeaten qualifying record

ABUJA: Nigeria lost their unbeaten World Cup qualifying record on Tuesday as FIFA awarded Algeria a 3-0 win for their fi

Published 12 Dec, 2017 11:30pm

World

New Zealand property sales jump in November, house prices rise

WELLINGTON: New Zealand property sales jumped in November after an election lull and as spring was under way, with some

Published 12 Dec, 2017 11:29pm

Sports

NBA: Leonard to return for Spurs

LOS ANGELES: Kawhi Leonard will make his season debut when the San Antonio Spurs take on the Dallas Mavericks later Tues

Published 12 Dec, 2017 11:29pm

Middle East

Multiple earthquakes hit southeastern Iran: USGS

BEIRUT: Iran's southeastern province of Kerman was hit by multiple strong quakes on Tuesday and Wednesday, injuring at l

Published 12 Dec, 2017 11:28pm

Europe

Italy can 'hold its head high' on migrant treatment: PM

ROME: Prime Minister Paolo Gentiloni said Tuesday that Italy could "hold its head high" with regards to its treatment of

Published 12 Dec, 2017 11:28pm

Football

German Bundesliga results

BERLIN: German Bundesliga results on Tuesday: VfL Wolfsburg 1 (Verhaegh 15-pen) RB Leipzig 1 (Halstenberg 5

Published 12 Dec, 2017 11:27pm

Europe

Deadly explosion at major European gas hub in Austria

BAUMGARTEN AN DER MARCH: A large explosion rocked one of Europe's main gas pipeline hubs on Tuesday, leaving one person

Published 12 Dec, 2017 11:27pm

World

Colombia should pause on interest rate cuts after S&P move

BOGOTA: Colombia's central bank should take a pause in monetary policy this week and avoid an interest rate cut while of

Published 12 Dec, 2017 11:24pm

Europe

Argentina central bank holds policy rate at 28.75pc

BUENOS AIRES: Argentina's central bank held its benchmark seven-day interbank lending rate unchanged at 28.75 percent on

Published 12 Dec, 2017 11:23pm

Africa

Afreximbank pledges up to $1.5 billion to post-Mugabe Zimbabwe

HARARE: The African Export and Import Bank has pledged up to $1.5 billion in new loans and financial guarantees to Zimba

Published 12 Dec, 2017 11:23pm

World Top News

Bitcoin hits another record high in march toward $20,000

NEW YORK: Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bit

Published 12 Dec, 2017 11:13pm

Financial

TSX ekes out gain, energy stocks weigh with oil

TORONTO: Canada's main stock index ended marginally higher on Tuesday, boosted by gains for some financial and materials

Published 12 Dec, 2017 11:12pm

Financial

Australia shares set to trade sideways; NZ flat

SYDNEY: Australian shares are expected to open flat on Wednesday with gains in financial stocks set to be offset by weak

Published 12 Dec, 2017 11:11pm

Financial

S&P, Dow close higher; Brent falls after hitting $65

NEW YORK: The S&P 500 and the Dow closed higher on Tuesday along with major European stock indexes a day ahead of th

Published 12 Dec, 2017 11:10pm

North America

California lawmakers meet with Pence about fires

WASHINGTON: Members of the House of Representatives from California areas currently battling massive wildfires met with

Published 12 Dec, 2017 11:08pm

Commodities

Soybeans sag as South American crop prospects improve

CHICAGO: Chicago Board of Trade soybean futures fell to a three-week low on Tuesday on improving weather in Argentina an

Published 12 Dec, 2017 11:07pm

Sports

Alpine skiing: Vonn dismay over Trump backlash

LOS ANGELES: American skiing star Lindsey Vonn voiced dismay on Tuesday over the backlash that has followed her remarks

Published 12 Dec, 2017 11:04pm

World Top News

Kim vows to make N. Korea 'strongest nuclear power'

SEOUL: Kim Jong-Un has vowed to make North Korea the "world's strongest nuclear power," state media reported Wednesday,

Published 12 Dec, 2017 11:03pm

Football

Masiello seals Atalanta's first away win

GENOA: Defender Andrea Masiello sealed Atalanta's first away win of the Serie A season with his header lifting the Berga

Published 12 Dec, 2017 10:58pm

World

Brazil court to rule on Lula jail sentence Jan 24

SAO PAULO: Brazil's leftist former president Luiz Inacio Lula da Silva will learn in January whether a prison sentence a

Published 12 Dec, 2017 10:57pm

Financial

Dow, S&P 500 end at records as banking shares gain

NEW YORK: The Dow and S&P 500 pushed to fresh records Tuesday, with financial shares especially strong as Congress m

Published 12 Dec, 2017 10:56pm

Football

Stoeger off to winning start with Dortmund

BERLIN: New coach Peter Stoeger led Borussia Dortmund to their first victory in 10 games on Tuesday, as his side picked

Published 12 Dec, 2017 10:52pm

North America

US ready for North Korea talks 'without preconditions'

WASHINGTON: The United States is ready to begin talks on North Korea's nuclear disarmament without prior conditions, Sec

Published 12 Dec, 2017 10:50pm

Football

French League Cup results

PARIS: French League Cup results on Tuesday: Last 16 Toulouse 2 (Gradel 36-pen, Toivonen 53) Bordeaux 0 Monaco

Published 12 Dec, 2017 10:49pm

Football

Zidane delighted to call on ‘world's best’ Ronaldo

MADRID: Real Madrid coach Zinedine Zidane said he was delighted to be able to call on the "best player in the world" in

Published 12 Dec, 2017 10:43pm

Energy

Yamal's fourth LNG train needs 24-25bn rbls investment

MOSCOW: Russia's Novatek sees investments into the fourth liquefied natural gas (LNG) train at its Yamal LNG project at

Published 12 Dec, 2017 10:42pm

World

World Bank to cease financing upstream oil and gas after 2019

PARIS: The World Bank will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects i

Published 12 Dec, 2017 10:41pm

Europe

UN warns of new Syrian refugee wave to Europe if aid dries up

GENEVA: Syrian refugees could again seek to reach Europe in droves if aid programmes are not sustained in five neighbour

Published 12 Dec, 2017 10:40pm

Financial

TSX advances, lifted by Valeant, financial services

TORONTO: Canada's main stock index rose on Tuesday, led by gains in drugmaker Valeant Pharmaceuticals and in the financi

Published 12 Dec, 2017 10:39pm

Money & Banking

Mauritius central bank names Googoolye new governor

PORT LOUIS: The Mauritius central bank has appointed Yandraduth Googoolye as its new governor, Googoolye said on Tuesday

Published 12 Dec, 2017 10:38pm

Financial

Sterling slips as high inflation not seen changing BoE rate path

LONDON: Sterling got only a temporary boost on Tuesday from data showing British inflation unexpectedly nearly hit a six

Published 12 Dec, 2017 10:38pm

Industry

Statoil shuts Troll A gas platform after power outage, gas leak

OSLO: Statoil has shut down production at its Troll A gas platform in the North Sea following a gas leak and a power out

Published 12 Dec, 2017 10:38pm

Industry

India's Reliance considers listing telecoms unit Jio by early 2019

MUMBAI: India's Reliance Industries Ltd is holding internal talks about listing its telecoms unit Jio by late 2018 or ea

Published 12 Dec, 2017 10:37pm

Football

Japan, South Korea set up East Asian showdown

TOKYO: An own goal from Ri Yong-chol gave South Korea victory over North Korea, while Japan downed China 2-1 to set up a

Published 12 Dec, 2017 10:37pm

Money & Banking

Goldman Sachs to have Labour over for tea as City seeks warmer ties

LONDON: The British Labour Party's would-be finance minister, John McDonnell, has accepted an invitation for talks at th

Published 12 Dec, 2017 10:37pm

Europe

Denmark's government at risk in row with nationalists over Syrian refugees

COPENHAGEN: Demands from the nationalist Danish People's Party (DF) that Syrian refugees be sent home as soon as possibl

Published 12 Dec, 2017 10:36pm

Africa

South Africa's Zuma rejects reports his office is drafting emergency laws

JOHANNESBURG: South African President Jacob Zuma has rejected local news reports that his office has started drafting re

Published 12 Dec, 2017 10:36pm

Africa

Somalia's battered economy to grow 2.5 percent in 2018, IMF says

NAIROBI: Somalia's economic growth is expected to pick up next year and in 2019 after drought and security issues cut gr

Published 12 Dec, 2017 10:35pm

Middle East

Saudi Arabia to raise energy prices, pay cash to poorer citizens

RIYADH: Saudi Arabia has approved a new round of energy price hikes and a cash handout system for low- and middle-income

Published 12 Dec, 2017 10:34pm

Europe

Norway's PM says happy with sovereign fund's coal exclusion rules

PARIS: Norway's Prime Minister Erna Solberg on Tuesday said she had no immediate plans to toughen a rule that means a fi

Published 12 Dec, 2017 10:34pm

Energy

North Sea Crude-Brent diffs hit two-week highs, Forties supply dries up

LONDON: North Sea Brent crude differentials rose to their highest in two weeks on Tuesday, after the closure of the Fort

Published 12 Dec, 2017 10:33pm

Europe

Italian bad loan sales seen reaching 70bn euros in 2018

MILAN: Sales of bad bank loans in Italy could reach 70 billion euros ($82 billion) next year after totalling more than 6

Published 12 Dec, 2017 10:33pm

World

Guinea allowed $650mn in non-concessional loans under IMF programme

CONAKRY: Guinea will be allowed $650 million in non-concessional borrowing under a new three-year International Monetary

Published 12 Dec, 2017 10:32pm

Europe

Brexit minister says agrees with EU negotiator Verhofstadt on last week's deal

LONDON: British Brexit minister David Davis said on Tuesday that he and the European Parliament's negotiator Guy Verohfs

Published 12 Dec, 2017 10:31pm

Industry

Glencore sees battery minerals powering profit in 2017 and beyond

LONDON: Miner and trader Glencore said on Tuesday its battery minerals, especially cobalt, should spur profit in 2017 an

Published 12 Dec, 2017 10:31pm

Cricket

Gayle breaks sixes record in Bangladesh Premier League final

DHAKA: Chris Gayle hit 18 sixes on his way to an unbeaten 146 off 69 balls for Rangpur Riders against Dhaka Dynamites to

Published 12 Dec, 2017 10:31pm

Energy

Gasoline tankers face delays, diversions as Europe's exports slow

LONDON: Gasoline tankers are taking longer than usual to discharge in Amsterdam and at least one was diverted from the n

Published 12 Dec, 2017 10:30pm

Money & Banking

UniCredit raises dividend, bad loan reduction goals

MILAN/LONDON: Italy's biggest bank UniCredit raised its 2019 dividend goal and pledged to shed more soured debts despite

Published 12 Dec, 2017 10:30pm

Europe

France's Le Drian says ‘no’ to Iran Mediterranean axis

PARIS: France's foreign minister criticised Iran's regional ambitions, saying Paris could not accept Tehran's military e

Published 12 Dec, 2017 10:30pm

Energy

IEA says monitoring Forties crude pipeline outage, sees no need to act yet

LONDON: The International Energy Agency said it is monitoring the closure of the Forties crude pipeline that has sent oi

Published 12 Dec, 2017 10:29pm

Industry

Facebook to book advertising revenue locally amid political pressure

BRUSSELS: Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-r

Published 12 Dec, 2017 10:29pm

Commodities

India's bumper cotton output to fall short of record high

MUMBAI: India's cotton output is set to rise 9.3 percent in 2017/18 but won't be the record high predicted by industry a

Published 12 Dec, 2017 10:28pm

Energy

Europe Distillates-Cracks regain ground on refinery outages

LONDON: Diesel refining margins in northwest Europe clawed back the previous day's losses as several refinery outages un

Published 12 Dec, 2017 10:28pm

Europe

EU, US, Japan to slam WTO countries flooding global markets

BUENOS AIRES: The European Union, United States and Japan will issue a joint statement on Tuesday criticizing countries

Published 12 Dec, 2017 10:27pm

Money & Banking

Germany's DZ Bank moves ahead with plans to sell DVB unit

FRANKFURT/LONDON: German cooperative lender DZ Bank is moving ahead with plans to sell its DVB transport finance arm, af

Published 12 Dec, 2017 10:27pm

Commodities

Egypt's GASC buys 295,000 tonnes of Russian and Romanian wheat

HAMBURG/DUBAI: Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) bought 295,000 tonnes of R

Published 12 Dec, 2017 10:27pm

Energy

Oil tops $65, first time since 2015, on UK pipeline outage

LONDON: Oil rose above $65 a barrel for the first time since mid-2015 on Tuesday following a shutdown of the UK's bigges

Published 12 Dec, 2017 10:26pm

Money & Banking

Bank of England is too sanguine on inflation

LONDON: The Bank of England may have to change its tune on inflation. UK prices rose 3.1 percent in the year to November

Published 12 Dec, 2017 10:26pm

Industry

Lufthansa's Eurowings to introduce long-haul business class

BERLIN: Lufthansa's budget unit Eurowings will introduce a business class section on certain long-haul routes from April

Published 12 Dec, 2017 10:24pm

Financial

C$ near flat vs firmer greenback as oil prices rise

TORONTO: The Canadian dollar was little changed against its US counterpart on Tuesday as higher oil prices offset an acc

Published 12 Dec, 2017 10:23pm

Financial

Dow opens higher; Fed's rate hike in focus

NEW YORK: The Dow Jones Industrial Average opened higher as energy stocks gained and shares of Boeing touched a record h

Published 12 Dec, 2017 10:21pm

Commodities

ArcelorMittal coal miners widen strike in Kazakhstan

ASTANA: A sit-in by miners of ArcelorMittal's Kazakh unit widened to all of the firm's coal mines on Tuesday, the compan

Published 12 Dec, 2017 10:20pm

Commodities

Raw sugar falls to 2-1/2 month low, arabica coffee steadies

LONDON: Raw sugar futures slipped on Tuesday, hitting a 2-1/2 month low as deteriorating technicals and a weaker Brazil

Published 12 Dec, 2017 10:19pm

Europe

EU 'closely monitoring' situation at Austria's main gas hub after blast

BRUSSELS: The European Commission on Tuesday said it was closely monitoring the situation at Austria's main gas pipeline

Published 12 Dec, 2017 10:17pm

Financial

Oil prices help Gulf rise, Saudi petchems strong

DUBAI: Middle East stock markets mostly rose on Tuesday after the shutdown of a North Sea pipeline pushed Brent oil abov

Published 12 Dec, 2017 10:17pm

Financial

TSX rises to record high as financials and energy gain

TORONTO: Canada's main stock index rose to a record high on Tuesday, led by the heavyweight financials group as bond yie

Published 12 Dec, 2017 10:15pm

Sports

IOC bans six Russian female ice hockey players for life over doping

LAUSANNE: The International Olympic Committee (IOC) has banned six Russian female ice hockey players from the Olympics f

Published 12 Dec, 2017 10:15pm

Financial

Brazil's Bovespa drops 1pc on pension jitters

SAO PAULO: Brazil's benchmark Bovespa index led declines among Latin American equities markets on Tuesday, falling more

Published 12 Dec, 2017 10:14pm

Industry

Airline consolidation creates pressures for Europe's airports

BERLIN: A wave of consolidation among European airlines is creating pressure on the region's airports because it gives c

Published 12 Dec, 2017 10:13pm

Commodities

Jordan buys 50,000 T feed barley in tender

HAMBURG: Jordan's state grain buyer has purchased 50,000 tonnes of animal feed barley to be sourced from optional origin

Published 12 Dec, 2017 10:09pm

North America

US House Speaker Ryan says he believes upbeat Treasury tax study

WASHINGTON: US House Speaker Paul Ryan on Tuesday defended a one-page analysis by the Treasury Department that asserted

Published 12 Dec, 2017 10:01pm

World

Namibia's economic growth seen contracting in 2017: IMF

WINDHOEK: The International Monetary Fund expects economic growth in Namibia to be in negative territory this year, comp

Published 12 Dec, 2017 09:58pm

Financial

South Africa's rand, stocks ease in cautious trade

JOHANNESBURG: South Africa's rand weakened on Tuesday as an upcoming conference of the ruling African National Congress

Published 12 Dec, 2017 09:55pm

Financial

Boeing, bank stocks lift Dow, S&P; techs drag on Nasdaq

NEW YORK: The S&P 500 and the Dow advanced in late morning trade on Tuesday as Boeing's shares hit a record and bank

Published 12 Dec, 2017 09:54pm

Europe

EU's Barnier rules out full EU-UK trade pact in time for Brexit

BRUSSELS: There is "no possibility" that Britain and the European Union can conclude a free trade agreement by the time

Published 12 Dec, 2017 09:53pm

Financial

Euro zone bonds yields rise after UK gilts push and oil highs

LONDON: Borrowing costs across the euro zone were pushed higher on Tuesday after a jump in UK gilt yields and a rise in

Published 12 Dec, 2017 09:51pm

Europe

‘Furious race against time’ to complete Brexit treaty: EU's Tusk

BRUSSELS: European Council President Donald Tusk warned on Tuesday that completing a Brexit treaty and agreeing on futur

Published 12 Dec, 2017 09:50pm

Financial

US, European stock markets climb ahead of Fed meeting; oil hits peak

NEW YORK: Major US and European stock indexes advanced on Tuesday, ahead of a meeting of US Federal Reserve policymakers

Published 12 Dec, 2017 09:49pm

Energy

Sudan seeks up to $200mn prefinancing to fund oil development

LONDON: Sudan's oil ministry is trying to raise as much as $200 million in prefinancing, including from crude traders, t

Published 12 Dec, 2017 09:45pm

Financial

Britain's FTSE touches 30-day high as oil prices rise, pound slips

LONDON: UK shares rose to their highest in a month on Tuesday as rising oil prices boosted energy stocks and the pound r

Published 12 Dec, 2017 09:44pm

Commodities

Zinc up after Glencore holds 2018 output forecast steady

LONDON: Zinc prices rose on Tuesday after miner and trader Glencore held its output forecast steady for next year, disap

Published 12 Dec, 2017 09:41pm

Front Top News

NATO chief Stoltenberg wins extended term to late 2020

BRUSSELS: NATO allies extended Jens Stoltenberg's term as secretary-general of the Western military alliance until late

Published 12 Dec, 2017 09:39pm

Energy

West Africa Crude-Differentials underpinned by Forties outage

LONDON: Differentials for West African grades were stable to firmer, traders said, after a North Sea Forties crude pipel

Published 12 Dec, 2017 09:36pm

World

EU ups pressure on US over tax reform with second letter to Treasury Secy

BRUSSELS: The European Commission told US Treasury Secretary Steven Mnuchin on Tuesday a planned tax overhaul in the Uni

Published 12 Dec, 2017 09:35pm

Commodities

US sugar production forecast to hit record in 2017-18

NEW YORK: The US Department of Agriculture (USDA) forecast domestic sugar production to hit a record in the current 2017

Published 12 Dec, 2017 09:32pm

Energy

Med Crude-Urals hit 4-year high in NWE on fears of limited January supplies

MOSCOW: Urals crude differentials in northwest Europe rose to the highest level since August 2013 in response to concern

Published 12 Dec, 2017 09:31pm

Commodities

US soybean, wheat ending stocks up as exports fall

WASHINGTON: Stockpiles of US soybeans and wheat are expected to rise due to lower export demand amid heightened competit

Published 12 Dec, 2017 09:30pm

Financial

S&P, Dow at record levels as Boeing, bank stocks gain

NEW YORK: The S&P and the Dow hit record levels in early afternoon trading on Tuesday as Boeing rose and bank stocks

Published 12 Dec, 2017 09:29pm

Energy

EIA raises 2018 US oil output forecast to highest on record

NEW YORK: The US Energy Information Administration said on Tuesday that the 2018 average oil production rate will hit th

Published 12 Dec, 2017 09:15pm

World

Russian budget deficit almost doubles in a month

MOSCOW: Russia's budget deficit for the first 11 months of this year totalled 505.5 billion roubles ($8.53 billion), alm

Published 12 Dec, 2017 09:13pm

Commodities

European vegoils-Palm oil edges up following bearish MPOB data

ROTTERDAM: Palm oil on the European vegetable oils market edged up on Tuesday as Malaysian palm oil futures rose on barg

Published 12 Dec, 2017 09:04pm

North America

Russia not withdrawing forces from Syria, Pentagon says

WASHINGTON: The United States said on Tuesday it has not observed any meaningful withdrawal of Russian combat forces fro

Published 12 Dec, 2017 09:03pm

World

Brazil pension reform has one week to pass or slip to 2018

BRASILIA: A proposal to overhaul Brazil's costly social security system will be put to a vote within the next week if it

Published 12 Dec, 2017 09:02pm

North America

Trump will announce new US security strategy on Monday

WASHINGTON: US President Donald Trump will announce a new security strategy on Monday, White House national security adv

Published 12 Dec, 2017 09:00pm

Commodities

European feeds-Soymeal down on Argentine rains ahead of USDA data

ROTTERDAM: Soymeal on the European meals and feeds market was quietly lower on Tuesday, on positioning ahead of December

Published 12 Dec, 2017 08:59pm

World

US government posts $139 billion deficit in November

WASHINGTON: The US government reported a $139 billion deficit in November, the Treasury Department said on Tuesday. T

Published 12 Dec, 2017 08:58pm

Industry

Airbus CEO Enders will not seek a third mandate

PARIS: Tom Enders has told the French Presidency he will not seek a third mandate as chief executive of European planema

Published 12 Dec, 2017 08:57pm

World

Argentina says November inflation at 1.4pc

BUENOS AIRES: Consumer prices in Argentina rose 1.4 percent in November, according to government data released on Tuesda

Published 12 Dec, 2017 08:56pm

Commodities

US Cash Soymeal-Offers mostly unchanged in quiet market

CHICAGO: Spot basis offers for US soymeal at rail and truck markets on Tuesday for the most part were unchanged as end-u

Published 12 Dec, 2017 08:55pm

Money & Banking

Nigeria central bank injects $210mn into currency market

ABUJA: Nigeria's central bank said on Tuesday it had injected $210 million into the interbank foreign exchange market, e

Published 12 Dec, 2017 08:54pm

Financial

Dollar hits one-month highs as Fed seen set to raise rates

NEW YORK: The US dollar rose to almost one-month highs against a basket of currencies on Tuesday as the Federal Rese

Published 12 Dec, 2017 08:52pm

Energy

Oil drops after rally on pipeline outage; Brent premium narrows

HOUSTON: Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an

Published 12 Dec, 2017 08:51pm

Commodities

CBOT wheat to contract lows on technicals, ample world supplies

CHICAGO: Chicago Board of Trade wheat futures fell to contract lows Tuesday on technical selling and a reminder of plent

Published 12 Dec, 2017 08:48pm

Managed Funds

US yields rise as producer price data offsets 30-year auction

NEW YORK: US Treasury yields rose on Tuesday as stronger-than-forecast data on producer prices in November offset averag

Published 12 Dec, 2017 08:48pm

Financial

European stocks close higher; Brent dips after hitting $65

NEW YORK: Major European stock indexes closed higher on Tuesday as the S&P and the Dow advanced further into record

Published 12 Dec, 2017 08:47pm

General News

Upfront power tariff mechanism being abolished: Senate told

ISLAMABAD: Minister for Power Division Sardar Awais Ahmed Khan Leghari Tuesday apprised the Senate that upfront tariff m

Published 12 Dec, 2017 08:45pm

Commodities

CBOT soybeans sag as South American crop prospects improve

CHICAGO: Chicago Board of Trade January soybean futures extended their slide on Tuesday to five straight sessions, press

Published 12 Dec, 2017 08:45pm

Industries & Sectors

Sugar mills asked ensure payment of sugarcane within 40 days

SARGODHA: The district administration has directed the sugar mills owners to ensure payment of sugarcane to growers with

Published 12 Dec, 2017 08:44pm

Energy

Heavy barrels hit widest discount in four years

CALGARY: The discount on Canadian heavy crude slumped to its deepest level in four years on Tuesday, hurt by export pipe

Published 12 Dec, 2017 08:44pm

General News

SCCI organizes kalam-e-Iqbal contests

SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) on Tuesday organized contests of Kalam-e-Iqbal and speeches on

Published 12 Dec, 2017 08:43pm

Commodities

Egypt's GASC says seeking soyoil, sunflower oil for arrival Feb. 1-15

DUBAI: Egypt's state buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it was seeking soyoil a

Published 12 Dec, 2017 08:43pm

Business & Finance

CPEC: Business opportunities conference, exhibition held

KARACHI: A China-Pakistan Economic Corridor (CPEC) Business Opportunities Conference and Exhibition was held at a local

Published 12 Dec, 2017 08:43pm

North America

Tillerson seeks to ease skepticism about US State Dept reorganization

WASHINGTON: Secretary of State Rex Tillerson, dogged by media speculation about how long he will last as top US diplomat

Published 12 Dec, 2017 08:42pm

General News

ATC grants 14 day physical remand of murder accused

HYDERABAD: The Anti Terrorist Court here Tuesday granted 14 day physical remand of an accused in a murder case and hande

Published 12 Dec, 2017 08:42pm

North America

Trump's attack on Senator Gillibrand ‘nasty’: Senator Schumer

WASHINGTON: US Senate Democratic Leader Chuck Schumer said on Tuesday that President Donald Trump's tweeted attack on Se

Published 12 Dec, 2017 08:40pm

Financial

S&P, Dow rise with help from banks, Nasdaq lags

NEW YORK: Wall Street stocks were higher on Tuesday afternoon with the biggest boost from the financial sectors as inves

Published 12 Dec, 2017 08:38pm

World

Brazil Senate passes bill to boost ethanol, biodiesel use

SAO PAULO: Brazilian senators passed on Tuesday a bill proposing sharp increases in the use of biofuels such as ethanol

Published 12 Dec, 2017 08:37pm

North America

Mexico's presidential front-runner vows more welfare, formalizes bid

MEXICO CITY: Mexican front-runner for next year's election, Andres Manuel Lopez Obrador, formalized his bid for the pres

Published 12 Dec, 2017 08:36pm

Money & Banking

Brazil banks agree to reimburse depositors for losses

BRASILIA: Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyper

Published 12 Dec, 2017 08:34pm

Commodities

CBOT corn ends lower on technical selling

CHICAGO: Chicago Board of Trade corn futures ended lower on Tuesday, with most-active March hitting a contract low on te

Published 12 Dec, 2017 08:33pm

North America

UN urges greater investment for sustainable agriculture in mountains

UNITED NATIONS: The United Nations food security agency has called for greater focus on sustainable agriculture in highl

Published 12 Dec, 2017 08:28pm

General News

Govt making all-out efforts for delimitations bill: Musadik

ISLAMABAD: Special Assistant to the Prime Minister on Media Affairs Dr. Musadik Malik Tuesday said the government was ma

Published 12 Dec, 2017 08:27pm

General News

Rs100 billion to be spent every year for uplift of FATA: Minister

ISLAMABAD: Minister for SAFRON Lt General (Retd), Abdul Qadir Baloch on Tuesday said that Rs.100 billion would be spent

Published 12 Dec, 2017 08:26pm

General News

CM to attend important meeting in Turkey regarding Jerusalem issue

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif will attend an important meeting in Turkey regarding Jerusalem iss

Published 12 Dec, 2017 08:26pm

General News

Power Ministry given two weeks to clarify its stance on circular debt issue

ISLAMABAD: The Senate's Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control Tuesday gave two-

Published 12 Dec, 2017 08:26pm

General News

SC directs commissioner to shutdown tube wells near Katas Temple

ISLAMABAD: Supreme Court (SC) Tuesday directed Deputy Commissioner Chakwal to shut down tube wells of private cement fac

Published 12 Dec, 2017 08:25pm

Asia

China, Iran to boost military cooperation

BEIJING: Chinese Defence Minister Chang Wanquan said Tuesday China is willing to work with Iran to maintain friendly mil

Published 12 Dec, 2017 08:24pm

North America

US state of Alabama has worst poverty In developed world: UN expert

UNITED NATIONS: A United Nations expert investigating poverty in the United States says the state of Alabama has the wor

Published 12 Dec, 2017 08:24pm

General News

Two killed, four including woman injured in armed attack

KARACHI: Two persons were killed and four others including a woman injured in an armed attack in Lyari area of the city

Published 12 Dec, 2017 08:23pm

General News

Technical faults at 2 fields cause gas shortage: SNGPL MD

ISLAMABAD: SNGPL Managing Director Amjad Latif Tuesday said technical faults in two of its fields at Nashpa and Mol had

Published 12 Dec, 2017 08:22pm

General News

Govt wants merger of FATA with KP in consultation with all political parties: Rana

ISLAMABAD: Parliamentary Secretary for Finance Rana Muhammad Afzal on Tuesday said the government wanted merger of Feder

Published 12 Dec, 2017 08:22pm

General News

IHC asks Deputy AG to submit Rao promotion case details on Wednesday

ISLAMABAD: The Islamabad High Court (IHC) on Tuesday directed the deputy attorney general to obtain details about the pr

Published 12 Dec, 2017 08:21pm

General News

SC adjourns hearing of Hudaibiya Paper Mills case till tomorrow

ISLAMABAD: A three-member bench of the Supreme Court headed by Mushir Alam has adjourned the hearing of Hudaibiya Paper

Published 12 Dec, 2017 08:20pm

General News

Quorum issue persists in National Assembly

ISLAMABAD: The quorum issue persisted in the National Assembly on Tuesday as the sitting had to be adjourned due to the

Published 12 Dec, 2017 08:20pm

General News

FATA refroms matter to be resolved soon: Jhagra

ISLAMABAD: Governor Khyber Pakhtunkhwa Zafar Iqbal Jhagra Tuesday said that the Pakistan Muslim League Nawaz (PML-N)

Published 12 Dec, 2017 08:19pm

Pakistan Top News

PM arrives Istanbul to attend extraordinary OIC Summit on Al-Quds Al-Sharif

ISTANBUL: Prime Minister Shahid Khaqan Abbasi arrived here Tuesday to attend the extraordinary summit of the Organizatio

Published 12 Dec, 2017 08:18pm

General News

PM chairs meeting to review fiscal, non fiscal incentives for IT

ISLAMABAD: The Prime Minister of Pakistan, Shahid Khaqan Abbasi on Tuesday chaired a meeting to review fiscal and non-fi

Published 12 Dec, 2017 08:17pm

General News

People to support PML-N in next general elections: Senator

ISLAMABAD: Senator Mushahidullah Khan on Tuesday said the people will support the Pakistan Muslim League Nawaz (PML-N),

Published 12 Dec, 2017 08:17pm

General News

Notice taken of robbery at journalist’s home

KARACHI: Sindh Home Minister Sohail Anwar Siyal and Inspector General of Police (IGP) Sindh AD Khowaja on Tuesday took n

Published 12 Dec, 2017 08:16pm

General News

JI demands timely elections

LAHORE: The central Shoora of the Jamaat e Islami has called upon the government to fulfill the constitutional requireme

Published 12 Dec, 2017 08:16pm

Pakistan Top News

IMF lauds healthy economic growth in Pakistan

ISLAMABAD: A delegation of Post Programme Monitoring Mission of International Monetary Fund (IMF), led by Harold Finger,

Published 12 Dec, 2017 08:15pm

General News

Home dept not to publicize JIT reports on Baldia fire, Uzair Baloch’s cases

KARACHI: The Sindh High Court (SHC) on Tuesday was informed by the home department that inquiry reports on Baldia factor

Published 12 Dec, 2017 08:13pm

Europe

With fossil fuel subsidies, humanity investing in 'own doom': UN chief

PARIS: By subsidising fossil fuels, humanity was "investing in its own doom", UN chief Antonio Guterres said Tuesday at

Published 12 Dec, 2017 08:13pm

General News

Govt making all out efforts to meet energy requirements: Senate told

ISLAMABAD: Minister for Power Awais Ahmed Khan Leghari informed the Senate on Tuesday that the government is making all

Published 12 Dec, 2017 08:13pm

General News

Defence ties between Pakistan, Saudi Arabia getting stronger: Dastgir

ISLAMABAD: Defence Minister Khurram Dastgir has said that defence ties between Pakistan and Saudi Arabia are getting str

Published 12 Dec, 2017 08:12pm

Industry

EU approves EasyJet buyout of Air Berlin's operations in German capital

BRUSSELS: The EU approved Tuesday the purchase of bankrupt carrier Air Berlin's operations at the German capital's Tegel

Published 12 Dec, 2017 08:12pm

General News

Civil Service Academy delegation meets mayor

KARACHI: A delegation of 40th Course of the civil services academy Lahore comprising of participants called on Mayor Kar

Published 12 Dec, 2017 08:12pm

General News

Bilwal takes notice of police crackdown on protesting growers

KARACHI: Taking notice of mishandling of sugarcane growers who were protesting near to Bilawal House in Karachi on Monda

Published 12 Dec, 2017 08:11pm

Europe

Russia suspends diplomatic presence in Yemen

MOSCOW: Russia has halted its diplomatic presence in Yemen and its embassy staff have left the country amid the deepenin

Published 12 Dec, 2017 08:10pm

Front Top News

Exxon to disclose climate policy impact on business

NEW YORK: ExxonMobil, the world's largest publicly-traded oil company, bowed to investor pressure and will soon begin di

Published 12 Dec, 2017 08:08pm

Football

Spurs defender Alderweireld out until February

LONDON: Tottenham boss Mauricio Pochettino confirmed on Tuesday that Belgium international defender Toby Alderweireld's

Published 12 Dec, 2017 08:07pm

Sports

Former heavyweight champion Fury cleared to fight again

LONDON: Britain's former heavyweight world champion Tyson Fury is free to resume his boxing career after a compromise on

Published 12 Dec, 2017 08:05pm

Africa

Four dead in blast in NE Nigeria: MSF

KANO: Four people were killed in a blast at a camp for people displaced by the Boko Haram conflict in northeast Nigeria,

Published 12 Dec, 2017 08:04pm

Africa

Militia chief killed in C. Africa clashes

BANGUI: A militia leader in the troubled Central African Republic (CAR) has been killed in clashes with rival groups in

Published 12 Dec, 2017 08:03pm

Africa

Appeal court orders retrial of top Nigerian politician

ABUJA: A panel of judges on Tuesday ordered Nigeria's third highest-ranking politician to face a retrial on corruption c

Published 12 Dec, 2017 07:58pm

World

Venezuela's ex-oil boss under investigation for graft

CARACAS: Venezuela's chief prosecutor said Tuesday that he had placed former state oil company boss Rafael Ramirez under

Published 12 Dec, 2017 07:56pm

Europe

EU warns Britain against Brexit deal 'backtracking'

STRASBOURG: The EU on Tuesday warned Britain against "backtracking" as it rounded on a top minister for suggesting that

Published 12 Dec, 2017 07:55pm

North America

US air strike destroys vehicle bomb outside Mogadishu

WASHINGTON: US forces in Somalia conducted an air strike Tuesday against a bomb-laden vehicle outside Mogadishu that was

Published 12 Dec, 2017 07:53pm

Front Top News

Tillerson: Russian vote meddling was 'hybrid warfare'

WASHINGTON: Secretary of State Rex Tillerson on Tuesday branded Russia's alleged meddling in last year's American presid

Published 12 Dec, 2017 07:51pm

World

Qatar to run third consecutive budget deficit in 2018

DOHA: Qatar will run a deficit of $7.7 billion in 2018, a third consecutive year in the red due to low energy prices, th

Published 12 Dec, 2017 07:50pm

Sports

RugbyU: Wales hit by Faletau injury blow ahead of Six Nations

LONDON: Wales forward Taulupe Faletau could miss the whole of the Six Nations after English Premiership side Bath said o

Published 12 Dec, 2017 07:49pm

Football

Neymar to miss PSG Cup tie after returning to Brazil

PARIS: Paris Saint-Germain will again be without Neymar for their League Cup tie at Strasbourg on Wednesday, the club co

Published 12 Dec, 2017 07:48pm

North America

California wildfires a warning for other regions: Gov. Brown

PARIS: The governor of California Jerry Brown said Tuesday wildfires ravaging his state should serve as a warning for ot

Published 12 Dec, 2017 07:46pm

General News

Dense fog to grip plain areas of country after rain spell: PMD

ISLAMABAD:Dense fog is likely to grip plain areas of the country from Thursday onward due to persistent cold wave gr

Updated 12 Dec, 2017 07:43pm

World Top News

Tillerson: My failure if US resorts to force on North Korea

WASHINGTON: Secretary of State Rex Tillerson expressed confidence Tuesday that Washington is doing all it can to force N

Published 12 Dec, 2017 07:43pm

Europe

Poland's new PM says no change in govt goals

WARSAW: Poland's incoming Prime Minister Mateusz Morawiecki on Tuesday delivered a policy speech that promised to mainta

Published 12 Dec, 2017 07:41pm

Pakistan

Opposition boycotts NA proceedings, asks for inclusion of FATA Reforms Bill on agenda

ISLAMABAD: Pakistan Peoples Party Parliamentarian (PPPP), Pakistan Tehreek-e-Insaf (PTI) and Muttahida Qaumi Movemen

Updated 12 Dec, 2017 07:40pm

Europe

Spanish judge expands probe into Catalan separatists

MADRID: A Spanish judge who is investigating ousted Catalan president Carles Puigdemont and his fallen government has ex

Published 12 Dec, 2017 07:37pm

North America

Canada to buy used Australia jets while it seeks bids for new fleet

OTTAWA: Canada announced Tuesday a new competitive procurement process to replace its aging fleet of fighter jets along

Published 12 Dec, 2017 07:36pm

Front Top News

Trump signs US military defence bill worth nearly $700bn

WASHINGTON: President Donald on Tuesday signed a massive defense policy bill that he said would help America bolster its

Published 12 Dec, 2017 07:34pm

Pakistan

Opposition boycotts NA proceedings, asks for inclusion of FATA Reforms Bill

ISLAMABAD: Pakistan Peoples Party Parliamentarian (PPPP), Pakistan Tehreek-e-Insaf (PTI) and Muttahida Qaumi Movemen

Updated 12 Dec, 2017 07:27pm

Pakistan Top News

Govt making all-out efforts for delimitation bill: Musadik

ISLAMABAD: Special Assistant to the Prime Minister on Media Affairs Dr. Musadik Malik Tuesday said the government wa

Updated 12 Dec, 2017 06:41pm

World

World Bank to stop financing oil, gas projects from 2019

PARIS: The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced Tuesday at

Published 12 Dec, 2017 05:54pm

North America

US absence at Paris summit a 'disgrace': Kerry

PARIS: Former US secretary of state John Kerry blasted the absence of the American government at a major climate cha

Published 12 Dec, 2017 05:48pm

Middle East

Magnitude 6.2 quake hits southeastern Iran: seismological centre

TEHRAN: A 6.2-magnitude earthquake struck Iran's southeastern province of Kerman on Tuesday, the Iranian seismologic

Published 12 Dec, 2017 05:46pm

Football

Klopp admits passions ruled after derby draw

LONDON: Jurgen Klopp admitted on Tuesday that he got caught up in the heat of the moment after Liverpool conceded a

Published 12 Dec, 2017 05:44pm

Financial

Dow adds to records on Boeing dividend boost

NEW YORK: The Dow rose from record peaks early Tuesday, lifted by a Boeing dividend boost and as investors prepared

Published 12 Dec, 2017 05:43pm

Football

Guardiola defends City celebrations after derby win

MANCHESTER: Pep Guardiola has defended Manchester City's celebrations after the Premier League leaders beat fierce r

Published 12 Dec, 2017 05:42pm

Football

Mourinho accuses City of lack of 'education'

MANCHESTER: Jose Mourinho has accused Manchester City players of a lack of "education" over their celebrations at Ol

Published 12 Dec, 2017 05:40pm

Europe

'We're losing the battle', Macron tells Paris climate talks

PARIS: French President Emmanuel Macron issued a stark warning on climate change at a summit in Paris on Tuesday, te

Published 12 Dec, 2017 05:39pm

Industry

Ryanair pilots intensify pan-Europe strike action

LONDON: Ryanair pilots turned up the heat on the embattled airline Tuesday, with German pilots saying they were plan

Published 12 Dec, 2017 05:38pm

Europe

Stoltenberg reappointed as NATO chief until 2020

BRUSSELS: NATO on Tuesday reappointed Jens Stoltenberg as secretary general to serve until 2020, as the alliance und

Published 12 Dec, 2017 05:36pm

Financial

European equities rise as US Fed meets

LONDON: Global stock markets were higher Tuesday, as investors prepared themselves for a likely increase in US inter

Published 12 Dec, 2017 05:34pm

Pakistan

Education policy 2017 will be a milestone: Baligh

ISLAMABAD: Federal Minister for Education and Professional Training Engr Muhammad Baligh ur Rahman on Tuesday said t

Published 12 Dec, 2017 04:44pm

Pakistan Top News

Pakistan, Saudi Arabia progressing towards comprehensive defence ties: Dastgir

RAWALPINDI: Building on a solid legacy, Pakistan and Saudi Arabia are progressing towards a comprehensive defence re

Published 12 Dec, 2017 04:42pm

General News

Orange Line train is project of nation: Shehbaz Sharif

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif has said that Orange Line Metro Train (OLMT) is a project of t

Published 12 Dec, 2017 04:38pm

Pakistan Top News

Intl rating agencies optimistic about Pakistan’s economic performance: Sartaj Aziz

ISLAMABAD: Deputy Chairman Planning Commission, Sartaj Aziz on Tuesday said the international ratings agencies are o

Published 12 Dec, 2017 03:55pm

General News

Priority to be given for development of FATA: Baloch

ISLAMABAD: Minister for SAFRON, Lt General (Retd), Abdul Qadir Baloch has said that priority would be given for the

Published 12 Dec, 2017 02:52pm

General News

Interior minister denies any proposed ban on MQM

KARACHI:Interior Minister Ahsan Iqbal here on Tuesday categorically denied any proposal or even possible likelihood

Published 12 Dec, 2017 02:50pm

Pakistan Top News

Pakistan is ready for 5 G technology: Ahsan Iqbal

KARACHI: Interior Minister, Dr. Ahsan Iqbal addressing a seminar "China Pakistan Economic Corridor Business Opportun

Published 12 Dec, 2017 02:37pm

Front Top News

Govt completes 20 grid stations worth Rs 25bn: Abid Sher

LAHORE: State Minister for Water Division, Abid Sher Ali, said on Tuesday the present government has the credit of c

Published 12 Dec, 2017 02:40pm

Markets

Bullion Prices on Tuesday

KARACHI: Following were the Bullion Prices in Karachi, Hyderabad and Lahore on Tuesday. KARACHI: (per 10 gram)

Published 12 Dec, 2017 02:44pm

General News

PM leaves for Turkey to attend OIC summit

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Tuesday left for Turkey to attend the special Organization of Islamic

Published 12 Dec, 2017 02:42pm

Business & Economy

Vegetables prices seen slight inclination

ISLAMABAD: Vegetables and fruit prices was seen slight inclination in the city as the prices of tomatoes has reached

Published 12 Dec, 2017 02:38pm

Front Top News

Banking sector remains sound & stable in Q3CY17: SBP

KARACHI: The Quarterly Performance Review (QPR) of the Banking Sector for the quarter ended 30th September, 2017, ha

Published 12 Dec, 2017 02:36pm

General News

KPT chairman calls on Sindh Governor

KARACHI: Chairman of Karachi Port Trust (KPT) Rear Admiral Jamil Akhtar called on Sindh Governor Mohammed Zubair at

Published 12 Dec, 2017 02:24pm

Markets

RECORDER REPORT: PSX close of day

KARACHI: BRINDEX-30 closed on the upper side on Tuesday at 20,267.41 points with a positive change of 104.04 and volume

Published 12 Dec, 2017 12:43pm

Cricket

Wasim Akram comes in support of T10 league

King of Swing Wasim Akram has come in favour of the T10 League saying that it has no clash with Pakistan Super Leag

Published 12 Dec, 2017 11:28am

General News

Third round of Pak-Bulgaria bilateral political consultations held

ISLAMABAD: Pak-Bulgaria bilateral political consultations' third round was held last week in Sofia. Pakistan side

Updated 12 Dec, 2017 11:15am

Life & Style

Bollywood showers newlyweds Anushka, Virat with love

Ever since the newlywed couple Virat Kohli and Anushka Sharma tied the knot and they announced the news to the world

Published 12 Dec, 2017 11:30am

Technology

New smart fabric created to store data invisibly for you

With everything turning ‘smart’ now, scientists have created smart fabric that can store invisible data in our clot

Published 12 Dec, 2017 10:54am

Pakistan

It's a girl: Woman gives birth on PIA flight

A Pakistan International Airlines (PIA) landed on Monday in Multan with one more passenger than it had taken off wit

Published 12 Dec, 2017 10:43am

Featured Photos

Arhan statues

Life-size gilded Arhan statues are placed at Ten Thousand Buddhas Monastery in Hong Kong, China December 12, 2017.

Published 12 Dec, 2017 10:42am

General News

Credit card hacking detected in Punjab

BAHAWALPUR: The law enforcement agencies have traced out gang that was involved in hacking and stealing pin codes of

Published 12 Dec, 2017 10:37am

Life & Style

Shahid Kapoor dancing video with daughter Misha will make your day

Shahid Kapoor’s love for dancing is not new. Wife Mira Rajput recently took to Instagram to share a video of Misha d

Published 12 Dec, 2017 10:40am

Financial

Hong Kong stocks end down

HONG KONG: Hong Kong stocks ended down on Tuesday, as profit-taking after three days of gains overshadowed a record

Published 12 Dec, 2017 10:23am

General News

North-South gas pipeline’s BOOT agreement being negotiated

ISLAMABAD: Pakistani and Russian experts are in process of holding negotiations on Build-Operate-Own-Transfer (BOOT)

Published 12 Dec, 2017 10:21am

Industries & Sectors

Rs3612.280mn released for petroleum sector in five months

ISLAMABAD: The government has released Rs3612.280 million for the Petroleum and Natural Resources Division under the

Published 12 Dec, 2017 10:18am

Samba Bank adopts BenchMatrix for management automation

KARACHI: Samba Bank Limited has adopted BenchMatrix to implement an automated regulatory compliance management syste

Published 12 Dec, 2017 10:12am

Movies & Music

‘Tiger Zinda Hai’ director hopes Katrina and Salman get back together

After a lapse of five year, director Ali Abbas Zafar has managed to bring back togther Salman Khan and Katrina Kaif

Published 12 Dec, 2017 09:49am

Cricket

Afridi to face Gayle storm in BPL final tonight

Pakistan star all-rounder Shahid Afridi will take on West Indian blaster Chris Gayle at the final of the Bangladesh

Published 12 Dec, 2017 09:26am

Technology

Architect constructs foldable house that withstands earthquakes

With each passing day, architecture is getting more and more advanced be it in one form or another. The latest adva

Published 12 Dec, 2017 08:52am

Cricket

Imran Khan’s advice that changed Wasim Akram forever

Without a doubt, former captain Imran Khan was one of the best cricketers of Pakistan as he managed to lift the onl

Published 12 Dec, 2017 08:52am

JI marchers reach Faizabad Interchange from Khyber Agency

A day after Jamaat-e-Islami (JI) workers and supporters started their march from Khyber Agency, the march

Published 12 Dec, 2017 08:27am

Financial

Asian markets struggle after latest gains, eyes on central banks

HONG KONG: Asian markets mostly fell after a recent rally as investors cashed in while also looking ahead to key cen

Published 12 Dec, 2017 07:52am

Asia

Chinese air force conducts patrol exercise

BEIJING: A Chinese air force formation conducted a regular patrol exercise that passed the Bashi Channel and Miyako

Published 12 Dec, 2017 07:48am

Miscellaneous

Fiscal deficit slippage in sight

Fiscal accounts are expanding; the growth in expenditure, especially development was expected as election approaches. Th

Published 12 Dec, 2017 07:41am

Banking

Questions loom over remittance growth

Remittances sent home by overseas Pakistanis grew 1.3 percent in the five months of current fiscal year. But the growth

Published 12 Dec, 2017 07:43am

World

Singapore sees retail sales up 1.5pc in October

SINGAPORE: Singapore's retail sales went up 1.5 percent month on month on a seasonally adjusted basis in October, th

Published 12 Dec, 2017 07:42am

Miscellaneous

PSDP spending on track

Islamabad was severely paralyzed in November. And yet the government still found a way to boost development spending. La

Published 12 Dec, 2017 07:42am

Textile

Garments: paucity of skilled workforce

After almost thirty years of being governed by the Multi-Fibre Agreement (MFA), garment trade was opened up to free comp

Published 12 Dec, 2017 07:40am

Asia

South Korea sees over 2mn foreign residents in 2016

SEJONG: The number of foreign residents in South Korea has more than doubled over the past decade, topping the 2 mil

Published 12 Dec, 2017 07:38am

Cricket

Cricketing world celebrate ‘wedding of the year’

Indian skipper Virat Kohi finally tied the knot with Bollywood actress Anushka Sharma in Italy, in what was being dubbed

Updated 12 Dec, 2017 07:36am

General News

Snowfall, rain make weather frosty in Chitral

CHITRAL: After a prolong drought like situation, the first snowfall and rain have turned the weather frosty in Chitr

Published 12 Dec, 2017 07:34am

Markets

RECORDER REPORT: PSX, BRIndex-30 update

KARACHI: Tuesday 12, December 2017 until 12:27, BRIndex 30 was at 19,854.24 with a negative change of -309.13 and volume

Published 12 Dec, 2017 07:27am

General News

NA offers Fateha for matryred Abdul Moeed and Basharat

ISLAMABAD: The National Assembly on Tuesday offered Fateha for Second Lieutenant Abdul Moeed and Sepoy Basharat mart

Published 12 Dec, 2017 07:25am

Business & Economy

No intention to abolish import duty on maize: NA told

ISLAMABAD: Parliamentary Secretary for Finance, Revenue, Economic Affairs Statistic and Privatization Rana Muhammad

Published 12 Dec, 2017 07:23am

Financial

Tokyo stocks close lower ahead of central bank decisions

TOKYO: Tokyo's main stock market closed slightly lower Tuesday, snapping a three-day winning streak as investors kep

Published 12 Dec, 2017 07:17am

Cricket

Throwback: Guess who is this top rated cricketer?

Hasan Ali, who holds the title of World Number 1 bowler in 50 overs game, is new to the cricket world but has accom

Published 12 Dec, 2017 07:00am

General News

Pakistani student develops 'Sonic Eye' to help the blind walk

ISLAMABAD: A Pakistani student from Peshawar has developed useful device for the blind people which helps them walk

Published 12 Dec, 2017 06:52am

World

US blasts Maduro move to sideline opposition

CARACAS: The US accused Venezuela's President Nicolas Maduro on Monday of a dictatorial bid to wipe his opponents of

Published 12 Dec, 2017 06:43am

Technology

Apple’s executive believes Android’s Facial ID feature ‘stinks’

Apple’s iPhone X created a buzz in the market even before it was launched, mostly because of its Face ID feature an

Published 12 Dec, 2017 06:42am

Money & Banking

ANZ Bank sells life insurance arm to Zurich for US$2.14bn

SYDNEY: ANZ Bank unveiled plans Tuesday to offload its life insurance arm to Zurich for Aus$2.85 billion (US$2.14 bi

Published 12 Dec, 2017 06:41am

North America

Trump's candidate in final pitch as Alabama braces for Senate election

MIDLAND CITY: Candidates in Alabama's intensely-watched Senate race made their final pitches to voters late Monday,

Published 12 Dec, 2017 06:38am

Industry

Chinese auto giant to end petrol vehicle sales by 2025

BEIJING: One of China's largest state-owned automakers has said it will phase out sales of all petrol vehicles by 20

Published 12 Dec, 2017 06:36am

Financial

Tokyo stocks close lower ahead of central bank decisions

TOKYO: Tokyo's main stock market closed slightly lower Tuesday, snapping a three-day winning streak as investors kep

Published 12 Dec, 2017 06:32am

Pakistan Top News

Army officer, sepoy martyred in North Waziristan attack

Two army officials were killed on Tuesday when terrorists opened fire at their vehicle in North Waziristan Agency.

Published 12 Dec, 2017 06:19am

Cricket

Sarfraz Ahmed eager to hunt like a tiger

Pakistan cricket captain Sarfraz Ahmed is ready to hunt down his opponents like a tiger in the upcoming T10 League.

Published 12 Dec, 2017 06:12am

Cricket

West Indies 106-5, trail New Zealand by 338

HAMILTON: The West Indies were 106 for five at lunch on day four of the second Test against New Zealand after being set

Published 12 Dec, 2017 02:18am

Financial

Tokyo stocks open flat

TOKYO: Tokyo stocks opened flat on Tuesday in cautious trade ahead of central bank policy decisions this week. The be

Published 12 Dec, 2017 02:18am

Industry

Uber fights ban on cash payments in Mexican state

MEXICO CITY: Uber Technologies Inc said on Monday that it had appealed regulations that have barred it from accepting ca

Published 12 Dec, 2017 02:17am

Commodities

Soybean prices edge up, move away from lowest in nearly a month

SYDNEY: US soybean prices inched higher on Tuesday after hitting a nearly one-month low earlier in the session, climbing

Published 12 Dec, 2017 02:17am

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 12	160.24
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 12	3.63

Stock	Volume
S&P 500 / Jun 12	7,431.46
India Sensex / Jun 12	75,527.95
Tokyo Nikkei / Jun 12	66,020.04
Nasdaq / Jun 12	25,888.84
Hang Seng / Jun 12	24,718.10
FTSE 100 / Jun 12	10,471.72
Dow Jones / Jun 12	51,202.26
Germany DAX 30 / Jun 12	24,635.30
France CAC40 / Jun 12	8,350.87

Item	Value
Crude Oil USD/Barrel / Jun 12	84.88
Karachi Cotton PKR/37.32 KG / Jun 12	21,780
Gold 10 Grams PKR / Jun 12	375,947
Gold Spot USD/Ounce / Jun 12	4,219.33
Cotton US¢/pound / Jun 12	76.42
Petrol/Litre / Jun 14	373.78
Diesel/Litre / Jun 14	378.78

Stock	Price
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.44 ▲ 0.73 (9.47%)
IGI Holdings / Jun 12 IGI Holdings Limited(IGIHL)	284.15 ▲ 23.93 (9.2%)
Leiner Pak Gelat / Jun 12 Leiner Pak Gelatine Limited(LPGL)	100.33 ▲ 8.38 (9.11%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.19 ▼ -2.28 (-9.32%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Power Cem(Pref) / Jun 12 Power Cement (Pref)(POWERPS)	23.80 ▼ -2.36 (-9.02%)
East West Ins. / Jun 12 East West Insurance Company Limited(EWIC)	48.54 ▼ -4.42 (-8.35%)
Unicap Modaraba / Jun 12 Unicap Modaraba(UCAPM)	5.20 ▼ -0.45 (-7.96%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.42 ▼ -1.33 (-7.94%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	20.42 ▼ -1.72 (-7.77%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,747,470 ▲ 0.15
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,924,034 ▲ 0.93
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,648,271 ▲ 0.45
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,511,471 ▲ 0
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,896,472 ▲ 4.01
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	33,427,696 ▼ -1.72
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	28,855,016 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,007 ▼ -0.82
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,755,100 ▲ 0.24
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	20,120,122 ▲ 0.31