News Archives for Latest - 2017-12-13

Miscellaneous

Costs of wheat support price

In FY17, for the fourth consecutive year, wheat harvest crossed the 25 million tonne mark. As harvest exceeded domestic

Updated 19 Dec, 2017 07:17am

Financial

Dow ends at record on tax bill progress, Fed outlook

NEW YORK: The Dow finished at another record Wednesday as the Federal Reserve lifted interest rates and a major US tax c

Published 13 Dec, 2017 11:40pm

Financial

S&P, Dow to open flat ahead of Fed's rate decision

NEW YORK: The S&P 500 and the Dow were set to open flat on Wednesday as traders awaited the Federal Reserve's decisi

Published 13 Dec, 2017 11:28pm

Commodities

Rabobank sees global coffee surplus in 2018/19

LONDON: The global coffee market could have a surplus of 4.1 million 60kg bags in 2018/19 as production in top growers B

Published 13 Dec, 2017 11:27pm

Energy

West Africa Crude-Diffs supported even as BPCL opts for non-WAF crude

LONDON: Angolan crude prices were well-supported by eastern demand on Wednesday, while some Nigerian grades were also tr

Published 13 Dec, 2017 11:27pm

Asia

Venezuela's PDVSA seeks up to 4.2mn bbl of US, Russian crudes

HOUSTON: Venezuela's state-run oil company PDVSA has launched tenders to buy up to 3 million barrels of US light sweet c

Published 13 Dec, 2017 11:26pm

North America

US Senate secures tax deal, Trump backs 21pc corporate rate

WASHINGTON: Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer

Published 13 Dec, 2017 11:26pm

Commodities

US Plains HRW Wheat-Texas Gulf basis retreat, futures advance

CHICAGO: Hard red winter (HRW) wheat cash spot basis bids at the US Gulf fell on Wednesday due to an adjustment to recen

Published 13 Dec, 2017 11:25pm

World

Croatia invites potential advisers for INA deal

ZAGREB: Croatia is laying the groundwork for its plan to buy back shares in Croatian energy company INA from Hungary's M

Published 13 Dec, 2017 11:24pm

Financial

TSX hits record high on financial, mining stocks boost

TORONTO: Canada's main stock index hit a record high on Wednesday in a broad rally, boosted by gains for financial stock

Published 13 Dec, 2017 11:23pm

Front Top News

Turkey's Erdogan says US can no longer be a mediator between Israel and Palestinians

ISTANBUL: Turkey's President Tayyip Erdogan said on Wednesday that the United States could no longer be a mediator in ef

Published 13 Dec, 2017 11:23pm

Financial

TSX hits all-time high in broad rally

TORONTO: Canada's main stock index hit an all-time high in early trade on Wednesday, boosted by broad gains led by its h

Published 13 Dec, 2017 11:23pm

Money & Banking

Saudi central bank raises reverse repo rate 25 bps, keeps repo unchanged

DUBAI: Saudi Arabia's central bank said on Wednesday it was raising its reverse repo rate, the rate at which commercial

Published 13 Dec, 2017 11:22pm

Energy

Private oil companies to invest up to $4.9bn in Colombia in 2018

BOGOTA: Private oil companies in Colombia will invest between $4.5 billion and $4.9 billion next year, an increase over

Published 13 Dec, 2017 11:22pm

Europe

Russia Jan-Nov budget deficit at 0.7pc/GDP

MOSCOW: Russia ran a budget deficit of 532.39 billion roubles ($9.04 billion), or 0.7 percent of gross domestic product,

Published 13 Dec, 2017 11:21pm

Financial

Wall St rises at open as technology stocks gain

NEW YORK: Wall Street opened higher on Wednesday on gains in technology stocks while investors awaited the Federal Reser

Published 13 Dec, 2017 11:21pm

North America

Mexican authorities warn cryptocurrency offerings could be a crime

MEXICO CITY: Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments

Published 13 Dec, 2017 11:21pm

Financial

Industrial stocks drive Wall St higher; Fed decision eyed

NEW YORK: A surge in shares of Caterpillar and Boeing lifted the Dow industrials to record level in early afternoon trad

Published 13 Dec, 2017 11:20pm

Industry

Russia's Gazprom says signs memorandum on Iran LNG

MOSCOW: Russian gas giant Gazprom said on Wednesday it had signed a memorandum on possible cooperation in a liquefied na

Published 13 Dec, 2017 11:20pm

Europe

French state vigilant about impact of Atos-Gemalto deal on jobs, tech

PARIS: The French government will keep a close eye over the impact on jobs and technology from French tech consulting fi

Published 13 Dec, 2017 11:20pm

Commodities

Palm oil eases on weaker ringgit, subdued export demand

ROTTERDAM: Palm oil on the European vegetable oils market eased on Wednesday, tracking Malaysian palm oil futures on con

Published 13 Dec, 2017 11:19pm

Industry

Novartis generics arm says may sell or end some products

ZURICH: Swiss drugmaker Novartis's Sandoz generics business is in the process of selling or closing some products in the

Published 13 Dec, 2017 11:19pm

Europe

EU leaders to make banking union, bailout fund priorities in euro zone overhaul

BRUSSELS: European Union leaders are likely to decide on Friday to give priority in euro zone integration to completing

Published 13 Dec, 2017 11:19pm

Commodities

EU wheat subdued as export gloom persists

PARIS: European wheat futures closed slightly lower on Wednesday as a firm euro and a reduced forecast for French export

Published 13 Dec, 2017 11:18pm

Europe

Czech PM Babis takes office but so far lacks parliamentary backing

PRAGUE: Czech Prime Minister Andrej Babis, a billionaire businessman who ran on an anti-establishment ticket, took offic

Published 13 Dec, 2017 11:18pm

Commodities

CBOT corn ends higher on wheat strength

CHICAGO: Chicago Board of Trade corn futures edged higher on Wednesday, following gains in the wheat market. Traders

Published 13 Dec, 2017 11:17pm

Africa

Algeria's ruling caste set on orderly succession, when the time comes

ALGIERS: Algerians are facing the eventual departure of their long-serving president, the ailing Abdelaziz Bouteflika, i

Published 13 Dec, 2017 11:17pm

Industry

Airbus leadership under fire as crisis deepens

TOULOUSE/PARIS: Airbus is engulfed in a fresh bout of speculation over the future of senior managers as corruption probe

Published 13 Dec, 2017 11:16pm

Energy

Oil down after Forties outage price surge

LONDON: Brent oil fell on Wednesday as investors continued to sell off their positions following the shutdown of the maj

Published 13 Dec, 2017 11:15pm

World

Bitcoin fever exposes crypto-market frailties

LONDON/NEW YORK: As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wa

Published 13 Dec, 2017 11:12pm

Financial

Italian bonds, bank stocks hit as prospect of March election reignites political uncertainty

LONDON: Italy's 10-year bond yield rose and Milan-listed bank shares fell on Wednesday following on prospects the countr

Published 13 Dec, 2017 11:10pm

Financial

South Africa's rand firmer as dollar dips, Steinhoff reverses gains

JOHANNESBURG: South Africa's rand rose on Wednesday, helped by a dip in the dollar after disappointing US inflation data

Published 13 Dec, 2017 11:05pm

Energy

OPEC, allies look at plans for prolonged oil supply restraint

LONDON: OPEC and allied producers are looking at a "continuity strategy" for oil supply management, OPEC's secretary gen

Published 13 Dec, 2017 11:04pm

Energy

Oil mixed after US crude stocks draw; Forties outage lends support

NEW YORK: Oil prices bounced between positive and negative territory on Wednesday after US crude stockpiles fell more th

Published 13 Dec, 2017 11:03pm

Financial

Wall St higher on tech gains; Fed decision awaited

NEW YORK: US stocks inched higher on Wednesday powered by technology stocks but shares of big banks lost steam ahead of

Published 13 Dec, 2017 10:59pm

Financial

Nigeria's one-year T-bill yield rises more after Tuesday's dive

LAGOS: Nigeria's one-year treasury bill yield rose about a percentage point to 10 percent on Wednesday, continuing a reb

Published 13 Dec, 2017 10:58pm

Financial

Stocks worldwide reach highs; US Treasury yields fall

NEW YORK: Stocks globally reached a record high on Wednesday ahead of a widely expected interest rate increase by the US

Published 13 Dec, 2017 10:56pm

Commodities

US corn, soy and wheat futures firm on short-covering

CHICAGO: US wheat and corn futures rose on Wednesday, bouncing from contract lows hit the previous session as traders co

Published 13 Dec, 2017 10:55pm

Money & Banking

ECB to keep oversight of France's Credit Mutuel after court win

FRANKFURT: The European Central Bank can keep supervising France's third-biggest cooperative bank, Credit Mutuel, after

Published 13 Dec, 2017 10:54pm

Money & Banking

UBS hires Merrill's Cormier to head up TMT equity capital markets

NEW YORK: Swiss bank UBS has hired Chris Cormier to head up its technology, media and telecommunications (TMT) equity ca

Published 13 Dec, 2017 10:52pm

World

Investors concerned about Nigeria controls, but have not given up: IMF

ABUJA: Worries about repatriating funds out of Nigeria following currency controls last year still dominates investor fe

Published 13 Dec, 2017 10:51pm

World

Venezuela's opposition takes EU human rights prize, urges world scrutiny

CARACAS: Venezuela's opposition received a European Union prize for human rights on Wednesday and urged the world to kee

Published 13 Dec, 2017 10:49pm

Financial

LatAm currencies firm on bets of slower US rate hikes

BRASILIA: Latin American currencies strengthened on Wednesday, a day after US President Donald Trump's Republicans suffe

Published 13 Dec, 2017 10:47pm

Financial

Financials support FTSE as markets tread water ahead of Fed

LONDON: British shares steadied on Wednesday as investors' anticipation of a rate rise from the US Federal Reserve drove

Published 13 Dec, 2017 10:46pm

North America

House and Senate reach deal on US tax legislation

WASHINGTON: US Senate Finance Committee Chairman Orrin Hatch said on Wednesday that Republicans in the Senate and House

Published 13 Dec, 2017 10:45pm

Financial

Sterling climbs as traders eye Bank of England meeting

LONDON: Sterling edged higher on Wednesday ahead of the next day's Bank of England policy meeting, which will be closely

Published 13 Dec, 2017 10:42pm

Energy

Forties crude for loading in early January changes hands

LONDON: A cargo of Forties crude oil due to load in early January changed hands in daily trading on the physical market,

Published 13 Dec, 2017 10:41pm

Commodities

Copper rises as metals brace for likely US rate hike

LONDON: Copper rose on Wednesday as prices extended a correction from last week's sharp fall, but moves were muted ahead

Published 13 Dec, 2017 10:40pm

Energy

European shares slip; Italian stocks fall on political uncertainty

MILAN/LONDON: Political jitters hit Italian stocks on Wednesday and the broader European market slipped lower before a F

Published 13 Dec, 2017 10:38pm

World

Peru's inflation rate to end 2017 at 1.4pc

LIMA: Peru's annualized inflation rate will likely end this year at 1.4 percent, well below last year's 3.2 percent pace

Published 13 Dec, 2017 10:37pm

World

Zimbabwe orders illegal settlers to vacate farms

HARARE: Zimbabwe's new agriculture minister on Wednesday ordered illegal occupiers of farms to vacate the land immediate

Published 13 Dec, 2017 10:35pm

Energy

Europe Distillates-Cracks slide as some refineries restart

LONDON: Diesel refining margins in northwest Europe fell sharply on Wednesday as refineries that were experiencing shutd

Published 13 Dec, 2017 10:34pm

Industry

Telecom Italia CEO calls for talks on network governance with watchdog

ROME: Telecom Italia has called for talks to be tabled with Italian regulators to assess possible governance improvement

Published 13 Dec, 2017 10:31pm

Commodities

European feeds-Soymeal eases on favourable S.American crop weather

ROTTERDAM: Soymeal on the European meals and feeds market was offered mostly slightly easier on Wednesday due to improve

Published 13 Dec, 2017 10:25pm

North America

Republican US Senator Corker says he is still undecided on tax bill

WASHINGTON: Republican US Senator Bob Corker on Wednesday said he was still undecided on whether to support his party's

Published 13 Dec, 2017 10:24pm

Energy

Med crude-Urals diffs test new four-year highs in wake of Forties outage

MOSCOW: Urals differentials in northwest Europe hit fresh four-year highs on Wednesday due to the Forties pipeline outag

Published 13 Dec, 2017 10:22pm

Financial

European shares close lower; US Treasury yields fall

NEW YORK: European shares closed lower as US stock indexes advanced on Wednesday ahead of a widely expected interest rat

Published 13 Dec, 2017 10:16pm

Industry

LafargeHolcim ends talks with South Africa's PPC

ZURICH: LafargeHolcim has ended talks with South African cement maker Pretoria Portland Cement (PPC) about a possible de

Published 13 Dec, 2017 10:15pm

Commodities

US Cash Soymeal-Rail offers dip ahead of holiday slowdown

CHICAGO: Spot basis offers for US soymeal at rail markets on Wednesday were weakened by tepid demand in advance of the C

Published 13 Dec, 2017 10:12pm

World

Argentina says third-quarter unemployment rate falls to 8.3pc

BUENOS AIRES: Argentina's unemployment rate was 8.3 percent in the third quarter of 2017, the government's Indec statist

Published 13 Dec, 2017 10:11pm

Industry

Saudi Aramco to push ahead with market share, expansion strategy

DAMMAM: Saudi Aramco, the world's largest oil producer, aims to regain its lost market share after the OPEC-led supply-c

Published 13 Dec, 2017 10:10pm

Energy

Nigeria seeks to amend deep offshore oil act to raise crude revenue

ABUJA: Nigeria is seeking to amend a law on deep offshore oil exploration and drilling, aiming to increase government re

Published 13 Dec, 2017 10:08pm

World

WTO to end meeting with no deals after US rebukes

BUENOS AIRES: Trade ministers looked set to wrap up their biennial World Trade Organization (WTO) meeting on Wednesday w

Published 13 Dec, 2017 09:44pm

Money & Banking

Kuwait central bank keeps rate on hold after Fed decision

DUBAI: Kuwait's central bank said on Wednesday that it had decided to keep its key interest rate unchanged after the US

Published 13 Dec, 2017 09:43pm

Managed Funds

US yields hit session lows after Fed statement

NEW YORK: US Treasury yields fell to session lows on Wednesday after the Federal Reserve raised key interest rates by a

Published 13 Dec, 2017 09:40pm

North America

Despite Tillerson overture, White House says not right time for North Korea talks

WASHINGTON: No negotiations can be held with North Korea until it improves its behavior, a White House official said on

Published 13 Dec, 2017 09:39pm

Commodities

CBOT soybeans close firm on technical bounce

CHICAGO: US soybean futures rose on Wednesday, breaking a streak of five straight lower closes on technical buying and s

Published 13 Dec, 2017 09:38pm

Financial

Wall St extends gains slightly after expected Fed rate hike

NEW YORK: The three major US stock indexes were higher on Wednesday after the Federal Reserve raised US interest rates b

Published 13 Dec, 2017 09:37pm

Commodities

CBOT wheat rises 1.3 percent on short-covering

CHICAGO: Chicago Board of Trade wheat futures rose on Wednesday, snapping a streak of seven straight lower closes. Tr

Published 13 Dec, 2017 09:35pm

Commodities

Arabica coffee claws up from 7-session drop, NY cocoa rebounds

NEW YORK/LONDON: Arabica coffee futures on ICE rose for the first time in eight sessions on Wednesday, as fund selling p

Published 13 Dec, 2017 09:34pm

Money & Banking

UAE central bank raises key rate 25 bps

DUBAI: The central bank of the United Arab Emirates said on Wednesday it was raising its key interest rate by 25 basis p

Published 13 Dec, 2017 09:33pm

Money & Banking

Bahrain central bank raises key rate by 25 bps

DUBAI: Bahrain's central bank said on Wednesday it was raising its key interest rate by 25 basis points after the US Fed

Published 13 Dec, 2017 09:31pm

Financial

Dollar weakens as Fed leaves rate outlook unchanged

NEW YORK: The US dollar fell after the Federal Reserve raised interest rates in a widely expected move, but left its rat

Published 13 Dec, 2017 09:29pm

Energy

Mexico's Pemex sets January Maya price for international buyers

MEXICO CITY: Mexican state-owned oil company Pemex revised its January term pricing formulas for crude oil shipped to cu

Published 13 Dec, 2017 09:27pm

Money & Banking

CIBC sees proportion of profits from US doubling in 3 years

TORONTO: Canadian Imperial Bank of Commerce expects the proportion of its earnings coming from the United States to near

Published 13 Dec, 2017 09:26pm

Europe

UK surgeon admits branding patient livers with initials

LONDON: A British surgeon on Wednesday admitted branding his initials on the livers of two patients undergoing transplan

Published 13 Dec, 2017 09:25pm

General News

Turkish ambassador pays farewell call on Interior Minister

ISLAMABAD: Turkish Ambassador to Pakistan Babur Girgin here on Wednesday paid a farewell call on Minister for Interior A

Published 13 Dec, 2017 09:24pm

Commodities

Egypt reaffirms acceptance of wheat imports with up to 0.05pc ergot

DUBAI: Egypt's Agriculture Ministry issued a decision reaffirming its commitment to accepting wheat imports with up to 0

Published 13 Dec, 2017 09:24pm

General News

SHC reserves verdict on plea against KE privatization

KARACHI: The Sindh High Court on Wednesday reserved judgment on a petition challenging the privatization of Karachi Elec

Published 13 Dec, 2017 09:23pm

General News

Punjab CM, Istanbul Mayor discuss to boost cooperation in diverse sectors

ISLAMABAD: Punjab Chief Minister Shahbaz Sharif had a meeting with Mayor of Istanbul Mevlut Uysal in Istanbul on Wednesd

Published 13 Dec, 2017 09:22pm

Europe

Italy likely to hold national elections on March 4

ROME: Italy's parliament will be dissolved between Christmas and the New Year, a parliamentary source said on Wednesday,

Published 13 Dec, 2017 09:22pm

General News

Senate Chairman directs officials not to place govt business on agenda for next two days

ISLAMABAD: The Senate Secretariat was directed on Wednesday not to place the government business on Orders of the Day fo

Published 13 Dec, 2017 09:22pm

General News

Police arrest three criminals

KARACHI: Police arrested three criminals from different parts of the city on Wednesday. According to police sources, du

Published 13 Dec, 2017 09:21pm

Industry

Delta may place order for 100 Airbus A321neo jets

PARIS/NEW YORK: Delta Air Lines looked close on Wednesday to placing an order for 100 Airbus A321neo jets in a boost for

Published 13 Dec, 2017 09:21pm

General News

PML-N govt successfully completes four and half year, resolves many problems: Asif

ISLAMABAD: Foreign Minister Khawaja Muhammad Asif on Wednesday said that Pakistan Muslim League Nawaz (PML-N), governmen

Published 13 Dec, 2017 09:21pm

General News

PM, Presidents of Palestine and Somalia discuss bilateral ties

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi met Palestinian President Mahmoud Abbas on the sidelines of OIC summit in

Published 13 Dec, 2017 09:20pm

World

Brazil gov't still eyeing pension vote next week

SAO PAULO: The Brazilian government is still working toward holding a lower house vote on its landmark pension overhaul

Published 13 Dec, 2017 09:20pm

General News

Indefinite closure of LNG terminal hitting masses: PBIF

ISLAMABAD: President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Bu

Published 13 Dec, 2017 09:20pm

North America

Half of world's people can't get basic health services: WHO

UNITED NATIONS: At least half of the world's population cannot obtain essential health services, and nearly 100 million

Published 13 Dec, 2017 09:19pm

Commodities

US wheat, corn, soybean futures rebound on short-covering

CHICAGO: US wheat and corn futures rose on Wednesday, bouncing from contract lows hit the previous session as traders co

Published 13 Dec, 2017 09:19pm

General News

Govt determined to give FATA people due rights: Javed Abbasi

ISLAMABAD: Pakistan Muslim League Nawaz (PML-N) Senator Javed Abbasi Wednesday said the government was determined to giv

Published 13 Dec, 2017 09:18pm

General News

Govt committed to merger of tribal areas with KP: Jhagra

ISLAMABAD: Governor Khyber Pakhtunkhwa, Iqbal Zafar Jhagra has said that PML-N government is committed to merger of the

Published 13 Dec, 2017 09:17pm

Football

German Bundesliga results

BERLIN: German Bundesliga results on Wednesday: Hoffenheim 1 (Uth 81) VfB Stuttgart 0 Playing

Published 13 Dec, 2017 09:17pm

Energy

Oil slips as US gasoline stock build overshadows crude draw

NEW YORK: Oil prices slipped for a second straight day on Wednesday, as a slump in US crude stockpiles was offset by a l

Published 13 Dec, 2017 09:17pm

Football

Fabinho expecting to leave Monaco next year

MONACO: Brazilian international Fabinho said on Wednesday that he will probably leave French champions Monaco at the end

Published 13 Dec, 2017 09:16pm

General News

Federal govt did not fund Karachi Operation: Siyal

KARACHI: Sindh Minister for Home, Mines & Minerals, Agriculture, Prices & Supply, Sohail Anwer Siyal has said th

Published 13 Dec, 2017 09:16pm

Europe

Putin must nudge Syria into UN peace deal, mediator says

GENEVA: UN Special Envoy for Syria Staffan de Mistura urged Russia on Wednesday to convince its ally the Syrian governme

Published 13 Dec, 2017 09:16pm

Europe

EU refugee quota row flares up ahead of summit

BRUSSELS: A row over controversial quotas for the sharing out of refugees across EU countries broke out on Wednesday on

Published 13 Dec, 2017 09:14pm

Front Top News

North Korea shows no sign it is serious about talking: US official

WASHINGTON: The State Department said Wednesday that the United States would be open to talking to North Korea "when the

Published 13 Dec, 2017 09:14pm

General News

ECP to commemorate ‘Int'l Disability Day’ on Thursday

ISLAMABAD: Election Commission of Pakistan (ECP) will organize a function here on Thursday (tomorrow) to commemorate "In

Published 13 Dec, 2017 09:14pm

General News

Declaring Jursalem Israeli capital tantamount to waging war against Ummah: Siraj

KARACHI: Jamaat-e-Islami (JI) Chief Senator Sirajul Haq on Wednesday said that declaring Jerusalem as Israeli capital wa

Published 13 Dec, 2017 09:13pm

World

Brazil's Temer undergoes urinary tract surgery

BRASILIA: Brazilian President Michel Temer had minor surgery on Wednesday for a narrowing of his urethra and the operati

Published 13 Dec, 2017 09:13pm

General News

Continuity of democratic system pivotal for strengthening institutions: Ayaz

ISLAMABAD: Speaker National Assembly Ayaz Sadiq Wednesday said continuity of the democratic system was pivotal for stren

Published 13 Dec, 2017 09:13pm

General News

Asif Zardari condoles death of sister of Rahimdad Khan

ISLAMABAD: Former President of Pakistan and PPPP President Asif Ali Zardari has condoled the death of sister of Rahimdad

Published 13 Dec, 2017 09:12pm

General News

Action to be taken over Multan incident: LHC CJ

LAHORE: Lahore High Court (LHC) Chief Justice Syed Mansoor Ali Shah on Wednesday said that in collaboration with Pakista

Published 13 Dec, 2017 09:12pm

Financial

Bank shares weigh on S&P 500 after Fed rate hike

NEW YORK: The S&P 500 dipped on Wednesday under pressure from the financial sector after the Federal Reserve made a

Published 13 Dec, 2017 09:12pm

General News

15 injured in gas pipeline explosion

KARACHI: At least 15 people were injured when fire erupted in a gas pipeline after explosion in Metroville area of the c

Published 13 Dec, 2017 09:11pm

Industry

T-Mobile's conquer-or-sell strategy gets TV rerun

NEW YORK: T-Mobile US's conquer-or-sell strategy is getting a rerun on TV. The wireless carrier has prospered despite fa

Published 13 Dec, 2017 09:10pm

Football

Uth fires Hoffenheim up to third in Germany

BERLIN: Striker Mark Uth fired Hoffenheim up to third in the Bundesliga on Wednesday with a late winner in their 1-0 vic

Published 13 Dec, 2017 08:52pm

Europe

British PM suffers defeat in Brexit bill

LONDON: British Prime Minister Theresa May on Wednesday suffered a damaging parliamentary defeat over Brexit, after her

Published 13 Dec, 2017 08:51pm

North America

After Alabama win, can black voters help Democrats elsewhere?

MONTGOMERY: In Alabama, African-American voters helped power an underdog Democrat to a stunning upset victory in the sou

Published 13 Dec, 2017 08:49pm

World Top News

Fed's Yellen says no risks to stability 'flashing red' as markets boom

WASHINGTON: Amid booming stock markets that have hit repeated records, Federal Reserve Chair Janet Yellen said Wednesday

Published 13 Dec, 2017 08:47pm

Europe

Greek court orders extradition of Russian Bitcoin suspect to US

ATHENS: Greece's Supreme Court on Wednesday ordered that a Russian accused of laundering $4 billion using bitcoin digita

Published 13 Dec, 2017 08:24pm

North America

US condemns deadly Ethiopia clashes

ADDIS ABABA: The United States on Wednesday said it was "troubled and saddened" by clashes in Ethiopia that local report

Published 13 Dec, 2017 08:21pm

Sports

RugbyU: Lyon winger gets seven-week ban for red-card tackle

PARIS: Lyon winger Timilai Rokoduru has been suspended for seven weeks for a dangerous tackle against Toulouse last week

Published 13 Dec, 2017 08:19pm

Industry

Uber denied new license in northern England city

LONDON: The city of York in northern England has refused to grant US ride-hailing app Uber a new licence to operate, cre

Published 13 Dec, 2017 08:18pm

Europe

Ukraine, Poland in effort to defuse historical dispute

KIEV: Ukrainian President Petro Poroshenko and his Polish counterpart Andrzej Duda on Wednesday said they would work to

Published 13 Dec, 2017 08:17pm

Financial

Dollar drops, Wall Street up before Fed rate call

LONDON: The dollar dropped Wednesday but US stocks rose awaiting the outcome of a Federal Reserve policy meeting which a

Published 13 Dec, 2017 08:16pm

Football

Neymar returns to Paris after Brazil trip

PARIS: Paris Saint-Germain forward Neymar has returned to the French capital and will train on Thursday after being allo

Published 13 Dec, 2017 08:14pm

Front Top News

NATO to complete move to new billion euro HQ by mid-June

BRUSSELS: NATO said Wednesday it will complete the move to its new billion euro headquarters by summer next year, more t

Published 13 Dec, 2017 08:13pm

World Top News

Trump faces consequences of Alabama election upset

WASHINGTON: President Donald Trump faced a new, more perilous political reality Wednesday, after a stunning Democratic v

Published 13 Dec, 2017 08:12pm

Europe

EU support for new plan to regulate endocrine disruptors

BRUSSELS: The European Commission won support on Wednesday for a new plan to regulate chemicals which can potentially di

Published 13 Dec, 2017 08:10pm

Europe

UN expert says Guantanamo torture continuing

GENEVA: The UN's top expert on torture on Wednesday said reports from sources indicated at least one inmate was still be

Published 13 Dec, 2017 08:09pm

Football

New CAF club season dates from 2019

JOHANNESBURG: The Confederation of African Football (CAF) club season will run between September or October and May from

Published 13 Dec, 2017 08:04pm

Europe

Polish regulator defends TV channel's fine after US 'concern'

WARSAW: Poland's broadcasting regulator moved Wednesday to justify its 350,000 euro ($410,000) fine for the American-own

Published 13 Dec, 2017 08:03pm

Sports

Froome's asthma piles pressure on beleaguered Sky

PARIS: When Sky burst into the professional cycling world with a star-studded line-up and lofty ambitions they proudly t

Published 13 Dec, 2017 08:00pm

Sports

LPGA announces record prize money for 2018 campaign

MIAMI: The US LPGA on Wednesday announced a 2018 schedule featuring 34 events in 14 countries and a record $68.75 millio

Published 13 Dec, 2017 07:58pm

Front Top News

German chancellor, centre-left in talks to break stalemate

BERLIN: Chancellor Angela Merkel met Social Democrat leaders on Wednesday, in a new bid to end a political stalemate nea

Published 13 Dec, 2017 07:58pm

World

US sanctions two Lord's Resistance Army ivory traders

WASHINGTON: The United States on Wednesday imposed economic sanctions on two Africans accused of using the illegal ivory

Published 13 Dec, 2017 07:54pm

Europe

May loses key Brexit vote in British parliament

LONDON: British Prime Minister Theresa May lost a key Brexit vote in parliament Wednesday after a group of her own MPs r

Published 13 Dec, 2017 07:53pm

Money & Banking

US Fed raises key interest rate amid strong labor market

WASHINGTON: The US central bank on Wednesday raised the benchmark interest rate for the third and final time this year,

Published 13 Dec, 2017 07:51pm

Industry

Austria's Niki in trouble as Lufthansa drops bid

BERLIN: Austrian airline Niki said Wednesday that it would stop flying from Thursday after German giant Lufthansa gave u

Published 13 Dec, 2017 07:50pm

Africa

Four drown fleeing militia attack in DR Congo

BUNIA: Four people drowned while fleeing an attack by a militia group on a mining area in the violence-ridden northeast

Published 13 Dec, 2017 07:47pm

Pakistan Top News

Pakistan, Jordan express deep concern over US decision to recognize Jerusalem as Israeli capital

ISTANBUL: Pakistan and Jordan on Wednesday expressed deep concern on the implication of the US decision to recognize

Published 13 Dec, 2017 06:30pm

Markets

Bullion Prices on Tuesday

KARACHI: Following were the Bullion Prices in Karachi, Hyderabad Multan and Lahore on Wednesday. KARACHI: (per 10

Published 13 Dec, 2017 05:51pm

General News

US delegation meets Ahsan Iqbal

ISLAMABAD: A United States delegation led by US Ambassador to Pakistan David Hale met Minister for Interior Ahsan Iq

Published 13 Dec, 2017 05:43pm

JCR-VIS assigns single A rating to KMFBL

KARACHI: JCR-VIC Credit Rating Company Limited has assigned preliminary rating of single A to the proposed Tier-II d

Published 13 Dec, 2017 05:41pm

Industries & Sectors

SSGC-EETPL ink agreement for additional 200 MMSCFD LNG

KARACHI: Sui Southern Gas Company Limited (SSGC) and Engro Elengy Terminal Private Limited (EETPL) have inked an Agr

Published 13 Dec, 2017 05:40pm

General News

Prince Kareem Aga Khan to get welcome in befitting manner: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah reviewing the security arrangements for the visit of Prince Kareem

Published 13 Dec, 2017 05:39pm

Pakistan Top News

Sovereign homeland for Palestinians with Al-Quds Al-Sharif its capital only road-map for Muslim Ummah: PM

ISTANBUL: Prime Minister Shahid Khaqan Abbasi Wednesday said a sovereign homeland for the Palestinian people with Al

Published 13 Dec, 2017 05:35pm

Financial

US stocks add to records ahead of Fed announcement

NEW YORK: Wall Street stocks rose early Wednesday ahead of an expected Federal Reserve interest rate increase and am

Published 13 Dec, 2017 05:21pm

Industry

Renault buys media stake to pave way for driverless future

PARIS: French carmaker Renault said Wednesday it will buy a big stake in a French newspaper group as it prepares to

Published 13 Dec, 2017 05:19pm

Industry

China produces over 100,000 industrial robots in first ten months

CHONGQING: The output of China's industrial robots exceeded 100,000 in the first ten months of this year, up 70 perc

Published 13 Dec, 2017 05:17pm

Money & Banking

US Fed set to raise rates at final meeting of 2017

WASHINGTON: The US central bank on Wednesday was poised to raise the benchmark interest rate for the third and final

Published 13 Dec, 2017 05:15pm

North America

'Apprentice' star turned Trump aide leaves White House

WASHINGTON: Reality TV star turned political operative Omarosa Manigault is to leave the White House, officials said

Published 13 Dec, 2017 05:12pm

Africa

Burundi president launches campaign to extend rule

NAIROBI: Burundian President Pierre Nkurunziza has launched a campaign to promote a referendum to change the constit

Published 13 Dec, 2017 05:07pm

World

Brazil's Lula says 'diabolical' forces against his re-election

BRASÍLIA: Corruption-tainted former Brazilian president Luis Inacio Lula da Silva said Wednesday that a "diabolical

Published 13 Dec, 2017 05:01pm

World

UK jobless rate holds at lowest since 1975

LONDON: Britain's unemployment rate remains at a 42-year low, official data showed Wednesday, but workers' wages are

Published 13 Dec, 2017 04:59pm

Featured Photos

Clay Shop in Lahore

A vendor displaying hand-made clay pots to attract the customers. Copyright APP (Associated Press of P

Published 13 Dec, 2017 06:15pm

Featured Photos

King Penguin chick

Maru, a two-month-old King Penguin chick and the first successful hatching by the Jurong Bird Park in almost a decad

Published 13 Dec, 2017 04:49pm

General News

Senate to discuss commitment made to Islamic Military Counter Terrorism Coalition

ISLAMABAD: Chairman Senate Mian Raza Rabbani Wednesday admitted an adjournment motion about the commitment made to t

Published 13 Dec, 2017 03:52pm

General News

SC adjourns Hudaibiya Papers Mills case till Friday without proceeding

ISLAMABAD: The Supreme Court (SC) Wednesday adjourned a National Accountability Bureau's (NAB) plea challenging the

Published 13 Dec, 2017 03:48pm

General News

E-Passport to boost country's credibility internationally

ISLAMABAD: Interior Minister Ahsan Iqbal Wednesday said introduction of E-passport system would boost the country's

Published 13 Dec, 2017 04:20pm

General News

FATA reforms matter to be resolved soon

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

Published 13 Dec, 2017 04:10pm

Pakistan

Senate Body seeks proper qualification a criteria for AGP appointment

ISLAMABAD: The Senate Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Division Wednesday soug

Published 13 Dec, 2017 04:00pm

CDNS collects Rs76bn savings till Dec 10

ISLAMABAD: The Central Directorate of National Savings (CDNS) has accomplished Rs 76 billion savings target by Decem

Published 13 Dec, 2017 03:50pm

General News

Naval Chief calls on Commander Turkish Naval Academy

ISLAMABAD: Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi, who is on an official visit to Turkey Wednesday c

Published 13 Dec, 2017 03:40pm

General News

PEMRA prohibiting appearance of Aamir Liaquat

ISLAMABAD: On the order of Islamabad High Court (IHC), Pakistan Electronic Media Regulatory Authority (PEMRA) Wednes

Published 13 Dec, 2017 03:21pm

Pakistan Top News

US lawmakers agree US, Pakistan cooperation essential to achieve common objectives

WASHINGTON: Board-based partnership between Pakistan and the United States was vital to achieving common bilateral a

Published 13 Dec, 2017 04:15pm

General News

BISP enrolls 394,977 children under Waseela-E-Taleem

PESHAWAR: Minister of State and Chairperson BISP Marvi Memon, Wednesday visited Dargai in Malakand district and moni

Published 13 Dec, 2017 03:14pm

Industries & Sectors

Railways provides online booking facility to senior citizens

LAHORE: The Pakistan Railways has provided facility of online ticketing with 25 per cent concession in Lower A/C and

Published 13 Dec, 2017 03:07pm

Pakistan Top News

US forces in Afghanistan not conducting operations in Pakistan

WASHINGTON: US troops in Afghanistan are targeting enemies inside Afghanistan but don't have authorities to conduct

Published 13 Dec, 2017 03:04pm

General News

Shehbaz Sharif attends emergency OIC conference in Turkey

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif especially attended the emergency meeting of Organization of I

Published 13 Dec, 2017 03:20pm

General News

CM holds meeting with Mayor of Istanbul

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif held a detailed meeting with the Mayor of Istanbul Mevlut Uysa

Published 13 Dec, 2017 02:52pm

Industries & Sectors

Launch of Nokia 8 in Pakistan

KARACHI: HMD Global on Wednesday announced the launch of Nokia 8 in Pakistan. A statement said that Nokia 8 is a

Published 13 Dec, 2017 02:47pm

General News

Marriyum rebuts media reports about rejection of PPP proposals

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

Published 13 Dec, 2017 02:38pm

Cricket

T10 brings youth to stadiums: Misbah

Pakistan former skipper, Misbah ul Haq has stated that the inaugural T10 League, is an experiment to popularize cri

Published 13 Dec, 2017 02:33pm

World

Construction of China, Russia natural gas pipeline gains steam

BEIJING: The China National Petroleum Corporation said Wednesday that it had sped up laying natural gas pipelines co

Published 13 Dec, 2017 02:29pm

Pakistan Top News

COAS interacts with FATA delegations of tribal elders, youth jirga

RAWALPINDI: Chief of Army Staff (COAS), General Qamar Javed Bajwa Wednesday interacted with Federally Administered T

Published 13 Dec, 2017 02:24pm

Markets

RECORDER REPORT: PSX close of day

KARACHI: BRINDEX-30 closed on the upper side on Wednesday at 20,375.67 points with a positive change of 108.26 and volu

Published 13 Dec, 2017 02:05pm

Europe

Russia welcomes 'constructive' US position on North Korea talks

MOSCOW: Russia on Wednesday said it welcomed US Secretary of State Rex Tillerson's statement that Washington is read

Published 13 Dec, 2017 01:14pm

World

Britons feeling the pinch as real wages fall

LONDON: Stagnant wages and Brexit-spiked inflation are hitting young Britons hard, an expert who resigned in protest

Published 13 Dec, 2017 12:35pm

Europe

Africa, Europe seek to boost Sahel anti-terror force

PARIS: France's Emmanuel Macron on Wednesday hosted a group of African and European leaders, including Chancellor An

Published 13 Dec, 2017 12:27pm

Middle East

Palestinians have right to east Jerusalem as capital: Saudi king

RIYADH: Palestinians have the right to Israeli-annexed east Jerusalem as their capital, Saudi King Salman said on We

Published 13 Dec, 2017 12:21pm

Europe

Erdogan urges Jerusalem recognition as 'Palestine's capital'

ISTANBUL: Turkish President Recep Tayyip Erdogan on Wednesday urged the world to recognise occupied East Jerusalem a

Published 13 Dec, 2017 12:14pm

Featured Photos

Malika-e-Kohsar in snow

An eye-catching view of a snow covered area after heavy snowfall of winter season in Murree on Tuesday, December 12,

Published 13 Dec, 2017 11:25am

Cricket

Wasim shares hilarious encounter with Miandad

Pakistan fast bowler Wasim Akram, hailed as one of the best bowlers ever produced was surprisingly quite naive abou

Published 13 Dec, 2017 11:13am

Life & Style

Virat, Anushka’s first picture post wedding

Star couple Virat Kohli and Anushka Sharma secretly tied knot in Italy on Monday and internet can’t get over it. The

Published 13 Dec, 2017 10:38am

Technology

New app lets you use iMessages on Android

As everybody knows that there is no way to get Apple’s closed messaging system, iMessages on a non-iOS or Android d

Published 13 Dec, 2017 10:34am

Cricket

ICC honors Pakistan’s Hasan Ali

Pakistan fast bowler, Hasan Ali has been honored by the International Cricket Council (ICC) for bowling one of the

Published 13 Dec, 2017 10:40am

Pakistan

Sit-in politics a conspiracy against free, fair and transparent election: Ahsan Iqbal

ISLAMABAD: Interior Minister Ahsan Iqbal on Wednesday said that sit-in politics was a conspiracy against free, fair

Published 13 Dec, 2017 10:24am

Business & Finance

Conference arranged by M/S Dellsons Associates on ‘PayPak – The Way Forward’ Held in SBP

Dellsons is pleased to announce its association with 1Link in organizing the seminar on “PayPak – The Way Forward” a

Published 13 Dec, 2017 10:23am

General News

Benazir’s son admits living a lonely life

KARACHI: A decade after Pakistan's first female leader Benazir Bhutto was assassinated, her son Bilawal is striving

Published 13 Dec, 2017 10:21am

Cricket

Rohit Sharma rewrites history again

India’s opening batsman Rohit Sharma has scored his third One Day International (ODI) double ton during

Published 13 Dec, 2017 10:18am

Pakistan Top News

Martyred Lieutenant Moeed laid to rest in Lahore

The funeral prayer of 21-year-old Second Lieutenant Abdul Moeed was offered at Lahore’s Ayub Stadium. After the fune

Updated 13 Dec, 2017 09:51am

Life & Style

Anushka’s alleged ex Ranveer Singh reacts to her wedding picture

Recently, Anushka Sharma and Virat Kohli shocked everyone when they announced their wedding news through social medi

Published 13 Dec, 2017 10:15am

Cricket

T10 will bring in new surprises

Pakistan T20 specialist, Sohail Tanvir has expressed that the game latest format, the upcoming T10 League would all

Published 13 Dec, 2017 08:56am

General News

ECP seeks more details about PTI’s intra-party elections

ISLAMABAD: Election Commission of Pakistan on Wednesday announced to continue proceedings on a case filed to challen

Published 13 Dec, 2017 09:07am

Pakistan

Protesting lawyers damage new Judicial Complex in Multan

Several lawyers vandalized on Wednesday a newly-constructed Judicial Complex in Multan in protest for shifting of th

Published 13 Dec, 2017 08:44am

Technology

Delete seven days old messages with this WhatsApp trick

Not long ago, WhatsApp announced its new feature ‘Delete for Everyone’ that lets user unsend messages within seven

Published 13 Dec, 2017 08:40am

Life & Style

Watch: Kareena Kapoor makes sister-in-law Soha Ali Khan cry

Indian royalty, the Pataudi family was attending the launch of their daughter Soha Ali Khan’s book ‘The perils of be

Published 13 Dec, 2017 08:09am

Cricket

Yasir, Shadab crucial against New Zealand

Pakistan spinning duo of Yasir Shah and Shadab Khan will be crucial for the side against the New Zealand, stated fo

Updated 13 Dec, 2017 07:56am

General News

Snowfall in KP, Punjab parts leaves tourists stranded

ISLAMABAD: Snowfall in parts of Khyber Pakhtunkhwa (KP) and northern Punjab has left tourists stranded in Murree amo

Published 13 Dec, 2017 07:40am

Financial

Tokyo stocks close lower ahead of Fed decision

TOKYO: Tokyo stocks closed lower on Wednesday ahead of a rate announcement by the US Federal Reserve, while Toshiba

Published 13 Dec, 2017 07:34am

Asia

Philippines' Duterte wins extra year of martial law powers

MANILA: Philippine President Rodrigo Duterte won martial law powers across the southern third of the country for one

Published 13 Dec, 2017 07:32am

Markets

RECORDER REPORT: PSX, BRIndex-30 update

KARACHI: Wednesday 13, December 2017 until 11:06, BRIndex 30 was at 20,275.53 with a positive change of 8.12 and volume

Published 13 Dec, 2017 07:28am

Miscellaneous

Fixing INGOs regulations

The Ministry of Interior’s recent letter to some 23 international NGOs (INGOs) to shut down their operations in humanita

Published 13 Dec, 2017 07:12am

Power Generation

FO story; get it cracking!

The energy mix, especially in power sector, is shifting from FO dominated power plants to RLNG and coal. While the conce

Published 13 Dec, 2017 07:08am

Textile

Garments: paucity of skilled workforce (ii)

Being the highest value-added sector in the textile value-chain, ready-made garments bring in substantial amount of fore

Published 13 Dec, 2017 07:05am

Movies & Music

Fawad Khan loses a big opportunity to Saif Ali Khan

Pakistani actor Fawad Khan wooed Bollywood industry with his acting skills and charismatic personality; however, the

Published 13 Dec, 2017 07:04am

World

ADB lifts Asia's 2017 growth outlook to 6pc on firm exports, China

MANILA: The Asian Development Bank on Wednesday raised its economic growth estimate for developing Asia to 6 percent

Published 13 Dec, 2017 06:45am

Technology

Leaked images show that Nokia 6 (2018) might feature edge-to-edge display

One of the greatest events of 2017 was Nokia’s comeback. After the great success of Nokia 6 in markets, Nokia, repo

Published 13 Dec, 2017 06:40am

World Top News

Tillerson says US ready to talk to N.Korea; Japan wants pressure

WASHINGTON/SEOUL: US Secretary of State Rex Tillerson offered to begin direct talks with North Korea without pre-con

Published 13 Dec, 2017 06:34am

Financial

China's yuan firms as traders pare dollar positions ahead of Fed

SHANGHAI: China's yuan firmed slightly against the dollar on Wednesday as domestic market participants trimmed green

Published 13 Dec, 2017 06:33am

Commodities

Palm slips on weak export demand

KUALA LUMPUR: Malaysian palm oil futures slipped in early trade on Wednesday and were headed for a seventh session o

Published 13 Dec, 2017 06:26am

Financial

Dollar dips from 4-week high after Alabama election upset

TOKYO: The dollar slipped from a four-week high against a basket of currencies on Wednesday after a Democrat won a b

Published 13 Dec, 2017 06:24am

Asia

South Korean leader starts fence-mending trip to China

BEIJING: South Korean President Moon Jae-In began his first state visit to China on Wednesday to soothe relations st

Published 13 Dec, 2017 06:13am

Cricket

No more Pak-India matches in ICC’s new FTP

International Cricket Council (ICC) has proposed Future Tour Programme (FTP) in which Pakistan team is schedule to

Published 13 Dec, 2017 06:00am

Energy

Oil prices recover on big US crude stock drawdown, pipeline shutdown supports

TOKYO: Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles

Published 13 Dec, 2017 05:15am

Commodities

Wheat up from 11-month low, improved South America weather weighs on soybean prices

SINGAPORE: Chicago wheat futures ticked up on Wednesday, with the market steadying after dropping for the past seven

Published 13 Dec, 2017 05:14am

Asia

Kim vows to 'win victory in the showdown' with US

SEOUL: North Korean leader Kim Jong-Un vowed to "win victory in the showdown" against the US with his rapidly advanc

Published 13 Dec, 2017 05:02am

Financial

Asia markets swing as traders focus on Fed meeting

HONG KONG: Asian markets swung in and out of positive territory on Wednesday as investors brushed off another record

Published 13 Dec, 2017 05:01am

North America

Trump congratulates Democrat Jones on 'hard fought' Alabama win

WASHINGTON: President Donald Trump on Tuesday congratulated the Democrat Doug Jones on his victory in Alabama's Sena

Published 13 Dec, 2017 04:58am

Energy

Oil recovers on big US crude stock drawdown

TOKYO: Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in US c

Published 13 Dec, 2017 02:23am

Financial

Nikkei edges lower as weaker tech shares offset boost from financials

TOKYO: Japan's Nikkei share average edged lower on Wednesday morning after tech stocks lost ground as they tracked their

Published 13 Dec, 2017 02:23am

Europe

Erdogan seeks to galvanise Muslim leaders over Jerusalem

ISTANBUL: Turkish President Recep Tayyip Erdogan on Wednesday chairs an emergency summit of the world's main pan-Islamic

Published 13 Dec, 2017 02:22am

Asia

China sells 14,989 tonnes of rice at auction of state reserves

BEIJING: China sold 14,989 tonnes of rice at an auction of state reserves, China's National Grain Trade Center said on W

Published 13 Dec, 2017 02:21am

World

Brazil's Oi files new restructuring plan allowing takeover by bondholders

SAO PAULO: Brazilian telecommunications company Oi SA filed late on Tuesday a new restructuring plan with the Rio de Jan

Published 13 Dec, 2017 02:21am

Money & Banking

ADB puts Asia's growth at 6pc this year, keeps 2018 forecast at 5.8pc

MANILA: The Asian Development Bank on Wednesday raised its economic growth estimate for developing Asia to 6 percent for

Published 13 Dec, 2017 02:20am

Commodities

Spot gold may bounce to $1,250

SINGAPORE: Spot gold may bounce to a resistance at $1,250 per ounce before falling again, as it has stabilised around a

Published 13 Dec, 2017 01:59am

Asia

South Korea to hold emergency meeting on cryptocurrencies, measures expected Friday

SEOUL: South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures

Published 13 Dec, 2017 01:58am

Financial

South Korea stocks up, won weaker; bitcoin shares slump as gov't measures loom

SEOUL: Round-up of South Korean financial markets: South Korea's KOSPI stock index rose on Wednesday. The Korean won

Published 13 Dec, 2017 01:57am

Sports

Rugby-Australia launch bid for 2027 World Cup

SYDNEY: Australia have launched bids to host the men's Rugby World Cup in 2027 and the women's event in 2021, Rugby Aust

Published 13 Dec, 2017 01:56am

Asia

PBOC to inject 130bn yuan via reverse repos

SHANGHAI: China's central bank will inject 130 billion yuan ($19.63 billion) into money markets on Wednesday, traders sa

Published 13 Dec, 2017 01:56am

Commodities

Palm oil still targets 2,426 ringgit

SINGAPORE: The palm oil third-month contract still targets 2,426 ringgit per tonne, as it is poised to break a suppo

Published 13 Dec, 2017 01:55am

Financial

Hong Kong stocks edge up at open

HONG KONG: Hong Kong stocks edged up at the open on Wednesday following another record close on Wall Street, with invest

Published 13 Dec, 2017 01:55am

North America

Polls close in tight Alabama Senate race with high stakes for Trump

MONTGOMERY: Polls closed on Tuesday in a bitter US Senate race in Alabama with high stakes for President Donald Trump, w

Published 13 Dec, 2017 01:54am

Front Top News

Dollar at 1-month high on strong price data as markets await Fed

TOKYO: The dollar stood near a four-week high against a basket of currencies on Wednesday after strong US wholesale pric

Published 13 Dec, 2017 01:54am

Energy

Brent oil may bounce to $64.72

SINGAPORE: Brent oil may break a resistance at $64.03 per barrel, and bounce more towards the next resistance at $64.72

Published 13 Dec, 2017 01:53am

World

Australia central bank gov says bitcoin fascination is ‘speculative mania’

SYDNEY: The fascination with virtual currencies feels more like a "speculative mania", the head of Australia's central b

Published 13 Dec, 2017 01:53am

Financial

Aussie shares rise on financials, merger talks; NZ falls

SYDNEY: Australian shares inched up to a two-week high on Wednesday as financials rose in line with their US peers, whil

Published 13 Dec, 2017 01:52am

Financial

Asian shares flat, Fed hike expectations underpin dollar

TOKYO: Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while

Published 13 Dec, 2017 01:51am

Cricket

World changed for English cricket after Stokes incident: Cook

PERTH: Senior batsman Alastair Cook says the world has changed for English cricket in the wake of the damaging Ben S

Published 13 Dec, 2017 01:34am

Europe

UK's May faces parliamentary showdown with Brexit rebels

LONDON: Prime Minister Theresa May's control of the Brexit process will undergo its stiffest parliamentary test yet on W

Published 13 Dec, 2017 01:34am

Industry

Uber picks new head for Indonesia business

JAKARTA: Uber Technologies Inc unveiled on Wednesday a new head of its Indonesian operations in a market where the onlin

Published 13 Dec, 2017 01:33am

Industry

Toshiba, Western Digital end chip dispute; joint investment to resume

TOKYO: Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the

Published 13 Dec, 2017 01:33am

Financial

Tokyo stocks open flat ahead of Fed decision

TOKYO: Tokyo stocks opened flat on Wednesday as investors took to the sidelines ahead of a rate announcement by the US F

Published 13 Dec, 2017 01:32am

Financial

Shares in Australia's Westfield rise 15pc after $16bn Unibail bid

SYDNEY: Shares of Australian shopping mall giant Westfield Corp rose as much as 15 percent on Wednesday, their biggest s

Published 13 Dec, 2017 01:32am

Asia

Japan's machinery orders jump 5.0pc in October

TOKYO: Japanese machinery orders rose more than expected in October, the Cabinet Office said on Wednesday, rebounding

Published 13 Dec, 2017 01:31am

Zarai Taraqiati Bank Ltd (ZTBL), the premiere agriculture financing institution of the country has signed a Memorandum of Understanding (MoU) with the National Rural Support Programme (NRSP) at ZTBL, Islamabad today. The spirit of the MoU is to leverage s