News Archives for Latest - 2017-12-14

Life & Style

Suzuki says supply deal with Toyota-Panasonic on EV batteries possible

TOKYO: Japan's Suzuki Motor Corp said it will not join efforts by Toyota Motor Corp and Panasonic Corp to develop batter

Updated 10 May, 2018 07:37pm

Life & Style

Nissan recalls 320,000 vehicles in Japan, 8 fires reported

TOKYO: Nissan Motor Co said on Thursday it was recalling nearly 320,000 vehicles in Japan to fix defective coating in an

Updated 08 May, 2018 06:18pm

Banking

Impact of currency depreciation

The currency has finally started heading south. It depreciated by around 5 percent in the last few trading days. The noi

Updated 21 Dec, 2017 08:47am

Oil and Gas

LNG long term price

Rarely has a state-to-state deal received as much criticism as the one on the long term LNG deal did. While there may be

Updated 19 Dec, 2017 07:46am

World Top News

US House Speaker Ryan reportedly eyeing exit from Congress

WASHINGTON: Paul Ryan may be in his final term as speaker of the US House of Representatives and could leave Congress by

Updated 15 Dec, 2017 06:13am

Financial

Upbeat retail sales data flatten US yield curve

NEW YORK: The gap between US shorter-dated and longer-dated Treasury yields shrank on Thursday as surprisingly strong da

Published 14 Dec, 2017 10:11pm

Financial

Wall St ends down; investors worry about tax bill passage

NEW YORK: US stocks ended lower on Thursday as investors worried about potential roadblocks to Republicans' tax overhaul

Published 14 Dec, 2017 10:10pm

Financial

Australia shares set for subdued start; NZ flat

SYDNEY: Australian shares are set for a subdued open on Friday after snapping five straight sessions of gains a day earl

Published 14 Dec, 2017 10:09pm

Financial

TSX falls in broad retreat, weighed by energy stocks

TORONTO: Canada's main stock index ended lower on Thursday in a broad retreat led by financial and energy stocks, with C

Published 14 Dec, 2017 10:08pm

Energy

Oil prices up slightly on pipeline outage support

NEW YORK: Oil prices rose almost 1 percent on Thursday as a pipeline outage in Britain continued to support prices despi

Published 14 Dec, 2017 10:07pm

Money & Banking

Chile central bank statement on interest rate decision

SANTIAGO: Chile's central bank maintained the benchmark interest rate at 2.5 percent at its monthly meeting on Thursday,

Published 14 Dec, 2017 10:04pm

Financial

TSX in broad retreat led by Cenovus, other energy stocks

TORONTO: Canada's main stock index fell on Thursday in a broad retreat from an all-time high hit a day earlier, as finan

Published 14 Dec, 2017 10:03pm

Financial

Wall St falls as investors fret about tax bill passage

NEW YORK: Major US stock indexes fell on Thursday, with the S&P 500 down the most in a month, as investor worries ov

Published 14 Dec, 2017 10:00pm

World Top News

US trade chief hails WTO splinter groups as victory

WASHINGTON: The World Trade Organization failed to conclude any new agreements at its biennial meeting this week, but US

Published 14 Dec, 2017 09:59pm

Industry

Southwest Airlines would use tax savings on planes, share buybacks

NEW YORK: Southwest Airlines Co would use savings from a potential cut to the US corporate tax rate to buy new planes an

Published 14 Dec, 2017 09:58pm

Front Top News

North Korea's envoy, Tillerson to attend UN meeting

UNITED NATIONS: North Korea's UN ambassador will attend a Security Council meeting on Friday where US Secretary of State

Published 14 Dec, 2017 09:51pm

Europe

Three killed, including two police, in Spain shooting

MADRID: Three people, including two national police officers, were killed in a shooting at a country house in eastern Sp

Published 14 Dec, 2017 09:49pm

Europe

EU leaders say position on Jerusalem 'unchanged': Tusk

BRUSSELS: European Union leaders on Thursday rejected US President Donald Trump's recognition of Jerusalem as the Israel

Published 14 Dec, 2017 09:48pm

Financial

US stocks decline on reports of tax cut opposition

NEW YORK: Wall Street stocks retreated Thursday as reports of congressional opposition to the tax cut plan and worries a

Published 14 Dec, 2017 09:47pm

Managed Funds

Average yields fall on Egypt's 6-month, one-year T-bills

CAIRO: Average yields on Egypt's six-month and one-year treasury bills fell at an auction on Thursday, data from the cen

Published 14 Dec, 2017 09:45pm

General News

LHC issues notices on plea against Nawaz's disqualification

LAHORE: The Lahore High Court (LHC) on Thursday issued notice to the federation, Election Commission of Pakistan (ECP) a

Published 14 Dec, 2017 09:44pm

General News

CEC for full participation of disabled persons in election process

ISLAMABAD: Chief Election Commissioner (CEC) Justice Sardar Muhammad Raza on Thursday urged for ensuring full participat

Published 14 Dec, 2017 09:43pm

Financial

BZ WBK bank deal boosts Polish stocks, currencies ease

BUDAPEST/WARSAW: Warsaw stocks were driven higher by bank shares on Thursday after Poland's third-largest lender, Bank Z

Published 14 Dec, 2017 09:42pm

Commodities

Record sugar output seen in 2017/18

LONDON: World sugar production is forecast to rise by 8 percent to a record 192 million tonnes, raw value, in 2017/18, b

Published 14 Dec, 2017 09:41pm

Commodities

Copper near two-week high supported by Chinese data, global growth hopes

LONDON: Copper hit a near two-week high on Thursday on global growth hopes after upbeat manufacturing data from China, o

Published 14 Dec, 2017 09:40pm

Europe

Deadly Austria gas blast likely caused by loose filter cap

VIENNA: Tuesday's blast at Austria's Baumgarten gas hub, which killed one person and disrupted European gas flows, was m

Published 14 Dec, 2017 09:39pm

Financial

Sterling slips on lack of hawkish turn by BoE

LONDON: Sterling slipped against the dollar on Thursday, with some traders disappointed the Bank of England stuck to its

Published 14 Dec, 2017 09:38pm

Industry

Siemens CEO says breakup is not the goal

MUNICH: Siemens' chief executive sees the German group as a fleet of ships, each thriving under its own steam, but rejec

Published 14 Dec, 2017 09:37pm

Money & Banking

Hungarian central bank seen defying global rate rises

BUDAPEST: The National Bank of Hungary is expected to hold its base rate steady at its Dec. 19 meeting and over the next

Published 14 Dec, 2017 09:36pm

Energy

Brent eases as traders become sanguine about pipeline outage

LONDON: Brent futures for delivery in the first months of next year have given up much of their premium since the announ

Published 14 Dec, 2017 09:35pm

Financial

Stocks edge up amid central bank bonanza

LONDON: World shares eked out modest gains on Thursday as cautious comments on inflation from the US Federal Reserve gav

Published 14 Dec, 2017 09:34pm

Industry

Ukraine 2017 steel output seen down 12pc at 21.3mn T

KIEV: Ukraine's steel output in 2017 is likely to fall 12 percent to 21.3 million tonnes due to the loss of some capacit

Published 14 Dec, 2017 09:33pm

General News

70pc work on Sibi-Harnai railway track completed; service to be restored by April: Saad

QUETTA: Railways Minister Khawaja Saad Rafique Thursday said Balochistan would get a vast share in Pakistan Railways, ro

Published 14 Dec, 2017 09:32pm

General News

Hearing against Dar adjourned till December 18

ISLAMABAD: An Accountability Court (AC) of Islamabad Thursday testified one more prosecution witness and adjourned heari

Published 14 Dec, 2017 09:30pm

General News

Pakistan’s sports youth delegation visits Pakistan Embassy, Beijing

BEIJING: Pakistan Ambassador to China, Masood Khalid on Thursday hosted a reception for a 91-member sports youth delegat

Published 14 Dec, 2017 09:29pm

General News

IHC reserves decision on NAB plea against Safdar’s bail

ISLAMABAD: The Islamabad High Court (IHC) on Thursday reserved its decision on the National Accountability Bureau (NAB)’

Published 14 Dec, 2017 09:28pm

Pakistan Top News

Quaid's birth celebrations to be commemorated in a befitting manner: Marriyum

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

Published 14 Dec, 2017 09:27pm

General News

Senator Qayyum lauds holding of OIC summit

ISLAMABAD: Pakistan Muslim League Nawaz (PML-N) Senator Lt Gen (R) Abdul Qayyum Thursday lauded Organization of Islamic

Published 14 Dec, 2017 09:25pm

Pakistan Top News

President for enhanced infrastructure, energy cooperation among ECO countries

ISLAMABAD: President Mamnoon Hussain Thursday said that there were numerous opportunities for social and economic develo

Published 14 Dec, 2017 09:24pm

Pakistan Top News

Imran uttering same narrative propagated by traitor Musharraf: Marriyum

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

Published 14 Dec, 2017 09:23pm

General News

Senate body expresses concern at loss incurred due to PIA’s premium service

ISLAMABAD: The special committee of the Senate on Thursday expressed concern over the loss incurred by Pakistan Internat

Published 14 Dec, 2017 09:22pm

General News

Zubair lauds role of Christian community in national development

KARACHI: Governor Sindh Muhammad Zubair has lauded the role of Christian community towards national development in the c

Published 14 Dec, 2017 09:21pm

Business & Economy

FCCI standing committees playing pivotal role in overall working, policy making: Mian Idrees

FAISALABAD: Standing Committees of the Faisalabad Chamber of Commerce & Industry (FCCI) are playing pivotal role in

Published 14 Dec, 2017 09:20pm

Managed Funds

Yields on Kenya's 15-yr, 10-yr Treasury bonds up at latest sale

NAIROBI: The weighted average yield on Kenya's 15-year bond rose slightly at auction on Thursday to 12.581 percent from

Published 14 Dec, 2017 09:09pm

Energy

North Sea Crude-No Forties traded amid shutdown, loading delays

LONDON: North Sea Ekofisk crude differentials eased on Thursday while there was no trading of Forties, production of whi

Published 14 Dec, 2017 09:08pm

Energy

Med Crude-Urals stays firm as loading plan for early Jan looms

MOSCOW: Urals crude differentials in northwest Europe and the Mediterranean kept stable on Thursday, as traders expect T

Published 14 Dec, 2017 09:07pm

Energy

Europe Gasoline/Naphtha-Cracks drop after large US stocks build

LONDON: Gasoline refining margins in northwest Europe fell further on Thursday on limited US demand, due to high stocks,

Published 14 Dec, 2017 09:06pm

Commodities

European vegoils-Palm oil mostly easier with futures on slow demand

ROTTERDAM: Palm oil on the European vegetable oils market was offered mostly easier on Thursday, mainly tracking weaker

Published 14 Dec, 2017 09:05pm

Commodities

European feeds-Soymeal edges up on technical rebound in futures

ROTTERDAM: Soymeal on the European meals and feeds market edged up on Thursday following a technical rebound in CBOT soy

Published 14 Dec, 2017 09:04pm

World

Euro zone businesses end 2017 on near seven-year high, PMIs show

LONDON: Businesses across the euro zone are ending 2017 on a near seven-year high, a survey showed on Thursday, with dem

Published 14 Dec, 2017 09:03pm

Europe

Parliamentary rebellion will not stop Brexit: Britain's Johnson

LONDON: Foreign Secretary Boris Johnson said on Thursday that a rebellion in parliament will not stop Britain's plans to

Published 14 Dec, 2017 09:02pm

World

Portugal November consumer prices dip 0.3pc from October

LISBON: Portuguese consumer prices fell 0.3 percent in November after rising 0.3 percent the previous month, while year-

Published 14 Dec, 2017 09:01pm

Commodities

EU 2017/18 soybean imports down 12pc, palm oil up 4pc

PARIS: European Union soybean imports in the 2017/18 season that began on July 1 had reached 5.4 million tonnes by Dec.

Published 14 Dec, 2017 09:00pm

World

French central bank bumps up 2017 growth forecast to 1.8pc

PARIS: French growth has accelerated faster than expected this year thanks to surging business and household investment

Published 14 Dec, 2017 08:59pm

World

Mozambique has room for faster monetary easing: IMF

MAPUTO: Mozambique has room for faster interest rate cuts thanks to a larger-than-expected decline in inflation, the Int

Published 14 Dec, 2017 08:58pm

Energy

West Africa Crude-Vitol wins IOC, other trading quiet

LONDON: Vitol has won a tender to supply India's IOC with crude oil, but other trading was limited on Thursday as differ

Published 14 Dec, 2017 08:57pm

Commodities

EU wheat prices weaken on bearish export outlook

LONDON: European wheat prices were lower on Thursday as abundant global supplies ensured competition in export markets r

Published 14 Dec, 2017 08:56pm

Financial

World shares little changed amid slate of central bank meetings

NEW YORK: World stock markets were little changed on Thursday after policy meetings from major central banks in Europe,

Published 14 Dec, 2017 08:56pm

Financial

Greek bond yields fall to lowest in almost a decade

LONDON: Greece's 10-year government bond yield extended recent sharp falls on Thursday to touch its lowest level in almo

Published 14 Dec, 2017 08:55pm

Industry

VW says some employees cooperated with Brazil's military regime

FRANKFURT: Volkswagen said on Thursday that a historian commissioned by the carmaker found that some of the security sta

Published 14 Dec, 2017 08:54pm

Commodities

Coffee extends rebound from multi-month lows

NEW YORK/LONDON: Coffee futures on ICE rose on Thursday, with robusta extending its rebound above an 18-month low and ar

Published 14 Dec, 2017 08:54pm

Commodities

Robusta coffee extends rebound, raw sugar slips

LONDON: Robusta coffee futures rose on Thursday, rebounding further away from a 1-1/2 year low hit this week as speculat

Published 14 Dec, 2017 08:52pm

Europe

Seven decades in the making, a defence pact comes to the EU

BRUSSELS: European Union nations are set to achieve a 70-year-old ambition to integrate their defences on Thursday, sign

Published 14 Dec, 2017 08:51pm

Managed Funds

Nigeria to issue $29mn debut green bond next week

LAGOS: Nigeria plans to issue a 10.69 billion naira ($29 million) debut green bond next week, the first tranche of a 150

Published 14 Dec, 2017 08:50pm

Commodities

Taiwan's MFIG buys 52,000 T South African corn

HAMBURG: Taiwan's feed industry procurement association MFIG bought about 52,000 tonnes of yellow corn, likely to be sou

Published 14 Dec, 2017 08:49pm

Financial

South African stocks end higher, Lonmin in demand

JOHANNESBURG: South African stocks ended slightly higher on Thursday with Lonmin in demand following the announcement of

Published 14 Dec, 2017 08:49pm

Commodities

Jordan tenders again to buy 100,000 tonnes wheat

HAMBURG: Jordan's state grains buyer has again issued an international tender to purchase 100,000 tonnes of hard milling

Published 14 Dec, 2017 08:48pm

Industry

Hungary plans big boost in solar power generation

BUDAPEST: Hungary will relax rules on the construction of small solar power plants and subsidise loans to landowners as

Published 14 Dec, 2017 08:47pm

Money & Banking

Philippine central bank keeps inflation forecasts for 2017-2019

MANILA: The Philippine central bank on Thursday maintained its inflation forecasts for this year through 2019, saying co

Published 14 Dec, 2017 08:39pm

Asia

UN resolutions on N.Korea need to be fully implemented: Guterres

TOKYO: UN Secretary-General Antonio Guterres said on Thursday that United Nations Security Council resolutions regarding

Published 14 Dec, 2017 08:36pm

Industry

No plan for strategic cooperation with Japanese airlines: Air France-KLM exec

TOKYO: Air France-KLM SA has no plans to develop strategic cooperation with airlines in Japan, a senior airline executiv

Published 14 Dec, 2017 08:35pm

Europe

Bank of England says risk of disorderly Brexit reduced by progress in talks

LONDON: Last week's breakthrough in Brexit talks has reduced the risk of Britain leaving the European Union in a disorde

Published 14 Dec, 2017 08:34pm

North America

Republican Senator Lee undecided on tax bill, seeks child credit changes

WASHINGTON: US Republican Senator Mike Lee has not decided whether to support a Republican tax bill and wants changes to

Published 14 Dec, 2017 08:33pm

World

Poland's C/A surplus at 575mn euros in Oct, larger than forecast

WARSAW: Poland's current account stood at a surplus of 575 million euros ($680.05 million) in October, compared to a gap

Published 14 Dec, 2017 08:30pm

World

SNB's Macheler says move away from Libor not to impact SNB policy

ZURICH: Swiss National Bank Board Member Andrea Maechler said on Thursday a move away from the Swiss franc Libor would h

Published 14 Dec, 2017 08:30pm

Money & Banking

Big Swiss banks need work on leverage ratios: SNB

BERN: Switzerland's two big banks - UBS and Credit Suisse - are on track to meet "too big to fail" rules but still need

Published 14 Dec, 2017 08:29pm

Financial

Spain sells 3.1bn euros of debt at last bond auction of 2017

MADRID: Spain sold 3.1 billion euros ($3.7 billion) of debt at a triple bond auction on Thursday, with benchmark rates s

Published 14 Dec, 2017 08:28pm

World Top News

Putin says Russia can provide support to Afghan government

MOSCOW: Security risks are increasing in Afghanistan, and Russia is ready to provide assistance to the government in Kab

Published 14 Dec, 2017 08:26pm

Industry

Putin says Rosneft's work in Iraqi Kurdistan beneficial for all

MOSCOW: The work of Russia's biggest oil company, Rosneft, in Iraqi Kurdistan is beneficial for Iraq as well as its auto

Published 14 Dec, 2017 08:25pm

Europe

Putin warns against US strike on N.Korea

MOSCOW: Russian President Vladimir Putin said on Thursday that a strike on North Korea by the United States would have c

Published 14 Dec, 2017 08:25pm

World

Irish inflation 0.5 percent higher year-on-year in November

DUBLIN: Irish consumer prices rose 0.5 percent on an annual basis in November, a touch lower than the six-month high rea

Published 14 Dec, 2017 08:24pm

Industry

Ryanair says threatened industrial action may disrupt flights

DUBLIN: Ryanair said threatened industrial action by a minority of its pilots in five countries may lead to some flight

Published 14 Dec, 2017 08:23pm

World

Bulgarian inflation quickens to 3.0pc y/y in November

SOFIA: Bulgarian consumer prices rose 3.0 percent on the year in November after a 2.5 percent increase a month earlier,

Published 14 Dec, 2017 08:22pm

Managed Funds

Denmark targets government bond sales of 95bn crowns in 2018

COPENHAGEN: Denmark's borrowing needs will be unchanged at 95 billion Danish crowns ($15.05 billion) next year, the cent

Published 14 Dec, 2017 08:21pm

North America

US Senator McCain will vote on tax bill No. 2 Republican

WASHINGTON: Republican Senator John McCain, who is receiving treatment for brain cancer and has missed votes this week,

Published 14 Dec, 2017 08:20pm

Money & Banking

Bank of Canada's Poloz speaks in Toronto

TORONTO: Below are some key quotes from a news conference by Bank of Canada Governor Stephen Poloz following a year-end

Published 14 Dec, 2017 08:14pm

World

Argentina Congress suspends pension reform vote due to protests

BUENOS AIRES: Argentina's lower house on Thursday suspended a vote on President Mauricio Macri's pension reform plan, af

Published 14 Dec, 2017 08:13pm

Commodities

CBOT soybeans drop on Argentina rain forecast

CHICAGO: Chicago Board of Trade soybean futures fell 1.2 percent on Thursday due to forecasts for crop-boosting rain in

Published 14 Dec, 2017 08:12pm

Financial

Dollar gives up gains on doubts about passage of tax bill

NEW YORK: The US dollar gave up earlier gains on Thursday after two lawmakers were reported to seek changes to proposed

Published 14 Dec, 2017 08:12pm

North America

White House supports FCC net neutrality vote, 'free and fair internet'

WASHINGTON: The White House said on Thursday that it supported the Federal Communications Commission's vote to repeal 20

Published 14 Dec, 2017 08:11pm

Commodities

CBOT wheat futures firm on strong export sales

CHICAGO: US wheat futures firmed on Thursday, underpinned by strong export data, traders said. The US Agriculture Dep

Published 14 Dec, 2017 08:10pm

Money & Banking

Colombia central bank holds key rate, sees limited room for cuts

BOGOTA: Colombia's central bank held the benchmark interest rate steady at its meeting on Thursday as it continues to st

Published 14 Dec, 2017 08:09pm

Commodities

CBOT corn weakens amid ample supplies

CHICAGO: Chicago Board of Trade corn futures closed slightly lower on Thursday. Traders said plentiful supplies follo

Published 14 Dec, 2017 08:09pm

North America

Trump supports deal for Disney to acquire Fox film, TV units: White House

WASHINGTON: The White House said on Thursday that President Donald Trump backs the deal that Walt Disney Co has struck t

Published 14 Dec, 2017 08:07pm

Money & Banking

Mexico central bank hikes key rate, says ready to act again

MEXICO CITY: Mexico's central bank hiked borrowing costs by 25 basis points on Thursday and said it was willing to act a

Published 14 Dec, 2017 08:06pm

Industry

Airbus planemaking chief Bregier to step down

PARIS: Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board m

Published 14 Dec, 2017 08:05pm

Europe

Ukraine leader welcomes EU's extension of sanctions on Russia

KIEV: Ukrainian President Petro Poroshenko said on Thursday the EU's decision to extend economic sanctions on Russia was

Published 14 Dec, 2017 08:05pm

Financial

Global shares little changed after central bank meetings

NEW YORK: European shares closed down on Thursday after policy meetings from major central banks in Europe failed to pro

Published 14 Dec, 2017 08:04pm

World

Brazil pension vote put off until February

BRASILIA: The lower house of Brazil's Congress will delay a vote on a bill trimming social security benefits until Feb.

Published 14 Dec, 2017 08:03pm

Financial

China sets yuan midpoint at highest in 2 weeks

SHANGHAI: China's central bank set its official yuan midpoint at the highest level in over two weeks at 6.6033 per dolla

Published 14 Dec, 2017 08:02pm

Financial

South Korean stocks erase earlier gains, won edges up

SEOUL: Round-up of South Korean financial markets: South Korea's KOSPI stock index weakened on Thursday. The Korean w

Published 14 Dec, 2017 08:01pm

Money & Banking

World Bank invests $4.5bn to arm cities against climate change

TEPIC: Cash-short cities with big ambitions to protect themselves from climate change will be able to tap into $4.5 bill

Published 14 Dec, 2017 07:55pm

Sports

RugbyU: Stade Francais sign Aussie Gray

PARIS: Australian loose forward Tala Gray has signed a deal to join Stade Francais from next season, the French Top 14 s

Published 14 Dec, 2017 07:49pm

World

IMF sees stronger Pakistan growth amid improved security

WASHINGTON: Pakistan's economy has gained momentum amid improved security and other policy moves, but the government nee

Published 14 Dec, 2017 07:47pm

Pakistan

Opposition's boycott of NA proceeding on FATA Reforms Bill enters 5th day

ISLAMABAD: Opposition parties’ on Thursday boycotted National Assembly's proceeding for fifth day against the withdr

Updated 14 Dec, 2017 07:47pm

Front Top News

US jets intercept Russian warplanes in Syria: Pentagon

WASHINGTON: A pair of US warplanes intercepted two Russia jets over a part of Syria they were not supposed to be operati

Published 14 Dec, 2017 07:47pm

World Top News

EU leaders agree to roll over Russia sanctions: Tusk

BRUSSELS: EU leaders on Thursday agreed to extend tough economic sanctions against Russia over its meddling in Ukraine f

Published 14 Dec, 2017 07:45pm

Europe

Thousands of Romanians pay final respects to king Michael

BUCHAREST: Thousands of Romanians paid their last respects to beloved former king Michael, who died last week aged 96, i

Published 14 Dec, 2017 07:44pm

Sports

Squash: World Championships results

MANCHESTER: Results from the World Championships in Manchester on Thursday: Quarter-finals Men Gregor

Published 14 Dec, 2017 07:37pm

General News

Sindh CM, governor welcome Prince Kareem Agha Khan

KARACHI: Sindh Chief Minister Syed Murad Ali Shah and Governor Muhammad Zubair welcomed Prince Kareem Agha Khan, the spi

Published 14 Dec, 2017 07:36pm

General News

SHC passes restraining orders on NAB’s officials’ alleged harassment case

KARACHI: The Sindh High Court (SHC) on Thursday directed the provincial inspector general of Police AD Khowaja and the N

Published 14 Dec, 2017 07:36pm

General News

Senate Discusses Recent Sit-in at Faizabad

ISLAMABAD: The Senate on Thursday discussed the situation arising out of the recent sit-in at Faizabad Interchange in Is

Published 14 Dec, 2017 07:35pm

Sports

RugbyU: England's Itoje will be fit for Six Nations

LONDON: Saracens lock Maro Itoje will be available for the start of England's Six Nations title defence after his club s

Published 14 Dec, 2017 07:34pm

Front Top News

Pence Middle East trip to go ahead despite cancellations

WASHINGTON: US Vice President Mike Pence will visit Egypt and Israel next week, despite controversy and meeting cancella

Published 14 Dec, 2017 07:34pm

Sports

List of Russian doping suspects given to federations

LAUSANNE: The World Anti Doping Agency gathered chiefs of sports federations and Olympic committees in Lausanne on Thurs

Published 14 Dec, 2017 07:33pm

General News

Judgment on Imran, Tareen disqualification to be announced on Friday

ISLAMABAD: Supreme Court will announce its reserved judgment in disqualification case against Pakistan Tehreek-e-Ins

Updated 14 Dec, 2017 07:33pm

Energy

North Sea pipeline operator may halt deliveries

LONDON: The operator of a North Sea pipeline said Thursday it might not be able to make deliveries as repairs to a crack

Published 14 Dec, 2017 07:31pm

General News

Education Policy will be launched soon: Baligh

ISLAMABAD: Federal Minister for Education and Professional Training, Engr. Muhammad Baligh Ur Rehman has said that t

Published 14 Dec, 2017 07:17pm

North America

North Korea's ambassador meets with UN official after visit

UNITED NATIONS: North Korea's UN ambassador on Thursday met with a senior UN official who made a recent trip to Pyongyan

Published 14 Dec, 2017 07:30pm

Africa

Nigerian soldiers warned after Boko Haram attack

KANO: Nigerian troops fighting Boko Haram were on Thursday put on high alert after four military vehicles went missing d

Published 14 Dec, 2017 07:29pm

World Top News

More than 20 IS killed in southern Syria: coalition

WASHINGTON: Syrian opposition forces backed by a US-led coalition killed more than 20 Islamic State fighters and took se

Published 14 Dec, 2017 07:29pm

North America

Mexico police rescue migrants abandoned in truck container

PUEBLA: Mexican federal police on Thursday rescued 29 migrants who were left in an abandoned truck container to die from

Published 14 Dec, 2017 07:28pm

Europe

Markle adds sparkle to British royal Christmas

LONDON: Meghan Markle is to become the first fiancee invited to spend Christmas with the British royal family -- a move

Published 14 Dec, 2017 07:27pm

General News

ECO countries agreed for doubling trade among region

ISLAMABAD: Deputy Chairman Planning Commission Sartaj Aziz here on Thursday said that the 28th meeting of the Region

Updated 14 Dec, 2017 07:27pm

Africa

Major Liberian opposition party backs George Weah presidency

MONROVIA: A Liberian opposition party formally backed George Weah for president on Thursday despite mounting a prolonged

Published 14 Dec, 2017 07:25pm

North America

Iran says US evidence on Yemen missiles is 'fabricated'

UNITED NATIONS: Iran on Thursday dismissed evidence presented by US Ambassador Nikki Haley that it had supplied Yemen's

Published 14 Dec, 2017 07:24pm

Front Top News

Huthi missile fired at Saudi was 'made in Iran': Haley

WASHINGTON: US ambassador to the United Nations Nikki Haley said Thursday that a missile fired by Huthi militants at Sau

Published 14 Dec, 2017 07:23pm

World Top News

'Golden opportunity missed' at Syria peace talks: UN mediator

GENEVA: The latest round of Syria peace talks in Geneva was a "golden opportunity missed", the country's UN mediator lam

Published 14 Dec, 2017 07:22pm

Football

FA asks Mourinho to explain pre-derby comments

LONDON: England's Football Association has asked Manchester United manager Jose Mourinho to explain comments he made in

Published 14 Dec, 2017 07:21pm

General News

FC foils major terror bid in Zhob

ISLAMABAD: Frontier Corps (FC) Balochistan averted a major terrorism attempt through successful intelligence based opera

Published 14 Dec, 2017 07:20pm

Financial

Euro sags as rates held steady

LONDON: The euro slid back under $1.18 on Thursday after the ECB held interest rates and kept the easy money spigot open

Published 14 Dec, 2017 07:19pm

Front Top News

EU launches defence pact it calls 'bad news for enemies'

BRUSSELS: Flanked by soldiers in combat dress, European leaders inaugurated on Thursday a landmark defence cooperation p

Published 14 Dec, 2017 07:18pm

Money & Banking

ECB ups growth forecasts, 2020 inflation still below target

FRANKFURT AM MAIN: The European Central Bank on Thursday unveiled its latest growth and inflation expectations for the e

Published 14 Dec, 2017 07:16pm

Industry

Daimler delivers its first all-electric trucks in Europe

FRANKFURT AM MAIN: German carmaker Daimler on Thursday delivered its first fully electric lorries to companies in Europe

Published 14 Dec, 2017 07:16pm

Sports

Froome admits adverse test result 'damaging'

LONDON: Chris Froome admitted on Thursday that his adverse drugs test at the Vuelta a Espana is "damaging" as the four-t

Published 14 Dec, 2017 07:15pm

World

Brazil raises growth forecast for 2017 and 2018

BRASÍLIA: Brazil on Thursday raised its growth forecast for 2017 and 2018, citing "increased confidence" and "a combinat

Published 14 Dec, 2017 07:14pm

Europe

Three dead as school bus, train collide in France: police source

PERPIGNAN: At least three people were killed and several injured on Thursday after a train crashed into a school bus at

Published 14 Dec, 2017 07:11pm

Money & Banking

Turkey lira falls after bank dashes rate expectations

ANKARA: Turkey's central bank Thursday dashed expectations of a sharp rate hike to combat high inflation and currency we

Published 14 Dec, 2017 07:09pm

General News

Two injured in armed attack

KARACHI: Two men were shot and injured in armed attack over domestic dispute in Gulshan-e-Iqbal area of the city on Thur

Published 14 Dec, 2017 07:09pm

Front Top News

China supports East Jerusalem as Palestinian capital: FO

BEIJING: China on Wednesday supported the establishment of an independent state of Palestine with East Jerusalem as

Published 14 Dec, 2017 05:30pm

Movies & Music

Disney to buy 21st Century Fox assets for $52.4bn

NEW YORK: Walt Disney Co. agreed Thursday to buy key film and television assets of 21st Century Fox, in a $52.4 bill

Published 14 Dec, 2017 04:58pm

General News

Ummah's effective response on Palestine situation to help resolve issue: President

ISLAMABAD: President Mamnoon Hussain Thursday said that Islamic Ummah had given a highly effective and appropriate r

Published 14 Dec, 2017 04:48pm

Pakistan Top News

IMF recognizes growth momentum to be on high trajectory

ISLAMABAD: The International Monetary Fund (IMF) has recognized that Pakistan’s growth momentum continued to be on a

Published 14 Dec, 2017 04:46pm

Financial

US stocks add to records; Disney rises on Fox deal

NEW YORK: Wall Street stocks rose early Thursday, adding to records, following solid US retail sales data and as Dis

Published 14 Dec, 2017 04:44pm

Pakistan

Political instability leads to economic crunch

ISLAMABAD: Former prime minister and PML-N Chief Muhammad Nawaz Sharif on Thursday said certain decisions lead the n

Published 14 Dec, 2017 04:16pm

General News

Naval Chief conferred with Legion of Merit of Turkish Armed Forces

ISLAMABAD: Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi has been conferred with "Legion of Merit of the Tu

Published 14 Dec, 2017 04:20pm

General News

Marvi meets beneficiaries in Babuzai and Miamand to gauge BISP impact

ISLAMABAD: Chairperson Benazir Income Support Programme (BISP), Marvi Memon Thursday visited Babuzai and Maimand in

Published 14 Dec, 2017 04:06pm

Pakistan

Imran Khan assures business community of better environment, facilitation

KARACHI: Chairman, Pakistan Tehreek-e-Insaf, Imran Khan on Thursday assured the business community to provide the bu

Published 14 Dec, 2017 03:57pm

General News

Governor, CM welcome Prince Karim Aga Khan at airport

KARACHI: Sindh Governor Muhammad Zubair and Sindh Chief Minister Syed Murad Ali Shah Thursday warmly received and we

Published 14 Dec, 2017 03:53pm

Sports

Lodhi wins title of Mr Asian Junior title

FAISALABAD: The University of Agriculture Faisalabad student Muhammad Ahmad Khan Lodhi won the title of Mr Asian Jun

Published 14 Dec, 2017 03:49pm

Featured Photos

Find the deer in Autumn season

A beautiful view of leaves of tree changing colour and drops during Autumn season in Federal Capital. Copyright

Published 14 Dec, 2017 05:00pm

Featured Photos

Paintings in Tanzara Gallery

Visitor keenly viewing paintings by Zulfiqar Ali Zulfi during an exhibition at Tanzara Gallery. Copyright APP (A

Published 14 Dec, 2017 03:31pm

Pakistan Top News

No threat to government: PM

LONDON: Prime Minister Shahid Khaqan Abbasi on Thursday said there was no threat to the government and expressed con

Published 14 Dec, 2017 03:21pm

World

Israel drug giant Teva announces 14,000 job cuts over two years

JERUSALEM: Israeli pharmaceutical giant Teva announced Thursday it plans 14,000 job cuts over two years as it unveil

Published 14 Dec, 2017 03:15pm

Industry

GE and Tata partner to make engine components in India

NEW DELHI: India's software-to-steel conglomerate Tata Group and US industrial giant General Electric have signed a

Published 14 Dec, 2017 03:15pm

Money & Banking

ECB leaves key interest rates unchanged

FRANKFURT AM MAIN: The European Central Bank left its headline interest rates unchanged at historic lows and kept it

Published 14 Dec, 2017 03:14pm

Europe

Putin says Russians do not want Ukraine-style 'coup'

MOSCOW: President Vladimir Putin on Thursday said Russians "do not want and will not stand for" a Ukraine-style coup

Published 14 Dec, 2017 03:12pm

Industry

Alstom says to sell stakes in joint ventures with GE

PARIS: The head of Alstom said Thursday that the French rail company will exercise its options to sell its stakes in

Published 14 Dec, 2017 03:06pm

World

Holiday shopping, gasoline send US retail higher in November

WASHINGTON: The US holiday shopping season got off to a robust start in November, sending the US retail sector surgi

Published 14 Dec, 2017 03:00pm

Industry

Delta orders 100 Airbus planes in blow to Boeing

NEW YORK: Delta Air Lines announced Thursday it has ordered 100 Airbus planes with an option to buy 100 more, in a b

Published 14 Dec, 2017 02:53pm

Middle East

Pence Middle East trip to go ahead

WASHINGTON: US Vice President Mike Pence will visit Egypt and Israel next week, despite controversy and meeting canc

Published 14 Dec, 2017 02:53pm

World

In ECB's 2020 vision, inflation goal elusive

FRANKFURT AM MAIN: The European Central Bank on Thursday lifted its growth forecasts for the coming years on the bac

Published 14 Dec, 2017 02:52pm

Business & Economy

TDAP supporting business sector to improve product

LAHORE: Trade Development Authority of Pakistan (TDAP) is endeavoring to support and assist the business sector to h

Published 14 Dec, 2017 02:43pm

Business & Economy

SMEDA identifies 45 high potential products for exports under CPEC

LAHORE: An exploratory study conducted by the Small and Medium Enterprises Development Authority (SMEDA) has identif

Published 14 Dec, 2017 02:40pm

Pakistan

Continued boycott of opposition from NA on Fata reforms unjustified

PESHAWAR: Politicians here Thursday termed the continued boycott of opposition parties from National Assembly on the

Published 14 Dec, 2017 02:35pm

General News

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

ISLAMABAD: Foreign Minister Khawaja Muhammad Asif has said that Pakistan Muslim League Nawaz (PML-N), government had

Published 14 Dec, 2017 02:21pm

Business & Economy

ICCI, UNIDO organize investors connect programme

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with United Nations Industrial Dev

Published 14 Dec, 2017 03:05pm

Business & Economy

US$3.5bn FDI so far made to expand network, provide modern telecom services

ISLAMABAD: One of mobile phone operator in the country has so far invested more than US $ 3.5 billion Foreign Direct

Published 14 Dec, 2017 01:59pm

Industries & Sectors

PTA to digitalize 4mn savings accounts of Pakistan Post

ISLAMABAD: Pakistan Post along with Pakistan Telecommunication Authority and other stake holders has planned to buil

Published 14 Dec, 2017 01:50pm

SBP injects Rs385.5bn into market

KARACHI: State Bank of Pakistan on Thursday injected Rs 385.5 billion into money market for one day as reverse repo

Published 14 Dec, 2017 01:49pm

Cricket

Pakistan’s Imad waiting to attack

Pakistan off spin bowler, Imad Wasim is one of the best bowler in the limited overs, and is particularly dangerous

Published 14 Dec, 2017 01:41pm

Money & Banking

Bank of England holds interest rate steady at 0.5pc

LONDON: The Bank of England kept its key interest rate steady at 0.5 percent at its final meeting of the year on Thu

Published 14 Dec, 2017 01:40pm

General News

Deputy Director NAB Karachi suspended on orders of NAB Chairman

KARACHI: In compliance to the orders of the Chairman, National Accountability Bureau (NAB), Justice (Retd) Javed Iqb

Published 14 Dec, 2017 01:39pm

Pakistan Top News

Liquid Foreign Reserves increase

KARACHI: The total liquid foreign reserves held by the country stood at US$ 20,686.7 million on December 08 2017, th

Published 14 Dec, 2017 01:32pm

Industry

Austrian airline's grounding strands thousands

VIENNA: Austria said Thursday it has begun organising the repatriation of an estimated 5,000 passengers stranded by

Published 14 Dec, 2017 01:21pm

World

Gulf states follow US rate rise at risk of hitting borrowing

DUBAI: The Gulf's dollar-pegged economies have followed a US interest rate hike to maintain the value of their curre

Published 14 Dec, 2017 01:17pm

World

Eurozone economy gains pace as France expands, says survey

BRUSSELS: Business activity in the eurozone accelerated in December, a key survey showed Thursday, as job creation h

Published 14 Dec, 2017 01:08pm

Markets

RECORDER REPORT: PSX close of day

KARACHI: BRINDEX-30 closed on the lower side on Thursday at 19,958.80 points with a negative change of -416.87 and volu

Published 14 Dec, 2017 01:07pm

World

UK retail sales win Black Friday boost

LONDON: British retail sales surged in November from the previous month, official data showed Thursday, boosted by B

Published 14 Dec, 2017 01:05pm

Energy

IEA sees oil market balancing out later in 2018

PARIS: The International Energy Agency said Thursday that the global oil supply could grow faster than demand in the

Published 14 Dec, 2017 12:42pm

Europe

Putin says Trump opponents 'made up' Russia vote interference

MOSCOW: Opponents of Donald Trump made up allegations of Russian interference in last year's US elections to discred

Published 14 Dec, 2017 12:33pm

Financial

Turkey lira pressured after small rate hike surprises markets

ANKARA: The embattled Turkish lira fell sharply against the dollar on Thursday after the central bank disappointed m

Published 14 Dec, 2017 12:29pm

Asia

US presses Thailand to downgrade ties with North Korea

BANGKOK: The US has urged Thailand to downgrade diplomatic and trade ties with North Korea, a senior Thai official s

Published 14 Dec, 2017 12:23pm

Financial

European stocks and euro sag before rate calls

LONDON: Europe's major stock markets slid and the euro dipped Thursday with investors cautiously awaiting the latest

Published 14 Dec, 2017 12:14pm

Middle East

Saudi, UAE in rare talks with Yemen Al-Islah party

RIYADH: Saudi Arabia and the United Arab Emirates have held rare talks with Yemen's Al-Islah party, ignoring its clo

Published 14 Dec, 2017 12:12pm

Pakistan Top News

Bitcoin getting popular in Pakistan

MUHAMMAD ALI & RIZWAN BHATTI KARACHI: Bitcoin, a cryptocurrency and worldwide payment system, is speedily get

Published 14 Dec, 2017 11:58am

Technology

This android-powered iPhone X clone is way cheaper than original

Though Apple’s iPhone X is a beautiful phone, yet it is too expensive for some people to afford. Therefore, a compa

Published 14 Dec, 2017 11:10am

Markets

Bullion rates in Multan

MULTAN: Following are the bullion rates received from markets here on Thursday. BULLION (PER 10 GRAM) =======

Published 14 Dec, 2017 10:50am

Pakistan Top News

Hearing adjourned after recording witnesses’ statements against Ishaq Dar

An accountability court adjourned on Thursday a hearing regarding a corruption reference against former Finance Mini

Updated 14 Dec, 2017 09:59am

Financial

Euro zone yields steady with ECB expected to downplay #Euroboom

LONDON: High-grade euro zone government bond yields held near recent lows ahead of a European Central Bank meeting a

Published 14 Dec, 2017 09:34am

Financial

Dollar nurses losses after Fed keeps outlook unchanged; ECB eyed

LONDON: The dollar held at more than one-week lows on Thursday after the US central bank kept its economic forecasts

Published 14 Dec, 2017 09:32am

Cricket

After 10 overs matches, get ready for four-day Test

As world is getting advanced, International Cricket Council (ICC) too has decided to experiment with old fashioned

Published 14 Dec, 2017 09:27am

Cricket

Mohammad Amir reveals his targets for T10 League

Pakistan fast bowler Mohammad Amir will be seen in action at the upcoming T10 League in UAE, where he will be repre

Published 14 Dec, 2017 09:50am

Technology

OnePlus to celebrate its birthday by giving gifts to users

OnePlus is about to turn four and in order to celebrate its birthday, the company is giving away special prizes to

Published 14 Dec, 2017 08:45am

Pakistan

No political party stepped for FATA reforms during last 70 years

ISLAMABAD: Minister for States and Frontier Regions. Lt.Gen (R) Abdul Qadir Baloch on Thursday said that only Pakist

Published 14 Dec, 2017 08:39am

Middle East

Saudi king orders $19bn stimulus for private sector

RIYADH: Saudi King Salman on Thursday issued a decree allocating 72 billion riyals ($19.2 billion) of stimulus funds

Published 14 Dec, 2017 08:38am

Cricket

Sehwag eager to watch Amir in T10 League

Former Indian opening batsman Virender Sehwag is eager to watch Pakistan’s pace spearhead Mohammad Amir at the T10

Published 14 Dec, 2017 08:20am

Automobile

Auto assemblers leaping into action

It seems local auto assemblers will not take competition from any new player that joins the field lying down. As Lucky a

Published 14 Dec, 2017 08:13am

Telecommunication

SDGs: what ICTs can do?

For a couple of years, Sustainable development goals (SDGs) have been the new buzzword in donor circles. It remains to b

Published 14 Dec, 2017 08:10am

Movies & Music

Bollywood actor Neeraj Vora passes away

Renowned Bollywood actor-director Neeraj Vora, who was suffering from a prolonged illness, passed away at the age of

Published 14 Dec, 2017 07:45am

Financial

Dollar, stocks drop in Asia as Fed fails to inspire

HONG KONG: The dollar suffered fresh losses on Thursday as Asian investors followed their New York counterparts in s

Published 14 Dec, 2017 07:47am

General News

Met Office predicts rainfall, snow in upper areas of country

ISLAMABAD: Pakistan Meteorological Department (PMD) on Thursday has forecast additional rain in upper areas of the c

Published 14 Dec, 2017 07:37am

Pakistan Top News

Khawaja Asif assures assemblies will complete their full tenure

Representative assemblies will complete their full term and there will be no delay in elections, Foreign Minister Kh

Published 14 Dec, 2017 07:35am

Cricket

Insight of how Aaqib Javed saved Raza Hasan's career

Pakistan left arm spinner Raza Hasan was one of the brightest young talents who lost to addiction. The fall from gr

Published 14 Dec, 2017 07:33am

Markets

RECORDER REPORT: PSX, BRIndex-30 update

KARACHI: Thursday 14, December 2017 until 12:33, BRIndex 30 was at 20,110.16 with a negative change of -265.51 and volum

Published 14 Dec, 2017 07:33am

Technology

Samsung’s latest Notebook 9 series to contain exciting features

With last year’s Samsung Notebook 9 being a bit simple, Samsung refurbished it this time with its all new Samsung N

Published 14 Dec, 2017 07:01am

Asia

6,700 Rohingya killed in first month of Myanmar violence: MSF

YANGON: At least 6,700 Rohingya Muslims were killed in the first month of a Myanmar army crackdown on rebels in Rakh

Published 14 Dec, 2017 06:55am

Financial

Tokyo stocks close lower on strong yen

TOKYO: Tokyo stocks fell Thursday on a stronger yen as investors shifted their focus to the US tax cut plan after di

Published 14 Dec, 2017 06:53am

Cricket

T10 League: New format comes with new challenges

The all new T10 Cricket League is all set to kickoff in Sharjah on Thursday, with six teams squaring off against ea

Published 14 Dec, 2017 06:38am

Europe

Britain's May urges EU leaders to move on with Brexit talks

LONDON/BRUSSELS: British Prime Minister Theresa May will urge European Union leaders to approve an agreement to move

Published 14 Dec, 2017 06:33am

Industry

Airbus exec says considering cuts to A380 production, still undecided

SINGAPORE: Airbus SE is considering cutting production of its A380 superjumbo to six or seven planes a year, but has

Published 14 Dec, 2017 06:31am

Money & Banking

China raises market rates as data shows economic growth moderating

BEIJING/SHANGHAI: China's central bank on Thursday nudged up money market rates as authorities sought to defuse fina

Published 14 Dec, 2017 06:29am

Financial

China's yuan hits 2-week high on weaker dollar after Fed rate hike

SHANGHAI: China's yuan rose to its strongest level against the US dollar in two weeks on Thursday after a widely ant

Published 14 Dec, 2017 06:25am

Asia

UN resolutions on N.Korea must be fully implemented

TOKYO: UN Secretary-General Antonio Guterres said Thursday that United Nations Security Council resolutions regardin

Published 14 Dec, 2017 06:24am

Commodities

Palm hits 16-month low on low demand, high stockpiles

KUALA LUMPUR: Malaysian palm oil futures hit a 16-month low on Thursday, weighed down by low demand and high stockpi

Published 14 Dec, 2017 06:20am

Cricket

Match fixing hits Ashes as Indian fixer ‘corrupts’ game

Cricket chiefs initiated investigation after a British newspaper claimed to have exposed attempts to rig

Published 14 Dec, 2017 05:35am

Commodities

Wheat up for second day on short-covering, US weather concerns

SINGAPORE: Chicago wheat futures rose for a second session on Thursday with short-covering by investors while concer

Published 14 Dec, 2017 05:32am

Financial

Dollar on defensive after Fed leaves rate outlook unchanged

SINGAPORE: The dollar remained on the defensive on Thursday, having tumbled after the Federal Reserve raised interes

Published 14 Dec, 2017 05:30am

Energy

Oil prices up on lower US crude stocks, but growing output caps gains

SINGAPORE: Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though c

Published 14 Dec, 2017 05:28am

World Top News

US-led air strikes kill 23 civilians in Syria

BEIRUT: Air strikes by a US-led coalition killed 23 civilians Wednesday in a village held by the Islamic State group

Published 14 Dec, 2017 05:25am

Industry

BP plan to buy Australian petrol pump network blocked

SYDNEY: Energy giant BP's plan to buy a network of Australian petrol stations from supermarket chain Woolworths was

Published 14 Dec, 2017 04:55am

Football

Wenger won't abandon Arsenal title hope

LONDON: Arsene Wenger has refused to give up on the Premier League title despite a goalless draw at West Ham United that

Published 14 Dec, 2017 01:43am

Middle East

US-led air strikes kill 23 civilians in Syria: monitor

BEIRUT: Air strikes by a US-led coalition killed 23 civilians Wednesday in a village held by the Islamic State group in

Published 14 Dec, 2017 01:42am

North America

US envoy Haley to present 'irrefutable evidence' on Iran

UNITED NATIONS: US Ambassador Nikki Haley will present "irrefutable evidence" that Iran has tried to cover up violations

Published 14 Dec, 2017 01:42am

Europe

UK RICS house price balance slips to lowest since March 2013

LONDON: British house prices were flat for the first time in more than four years during the past three months, a closel

Published 14 Dec, 2017 01:41am

Financial

TSX at record high close as gold miners gain

TORONTO: Canada's main stock index closed at a record high on Wednesday but well off its session highs, as sharp gains f

Published 14 Dec, 2017 01:41am

Financial

Tokyo stocks open slightly lower after Fed outlook

TOKYO: Tokyo stocks opened slightly lower on Thursday as investors digested the US Federal Reserve's announcement that i

Published 14 Dec, 2017 01:40am

Financial

Shares eye record high as Fed heads for 2017 hat-trick

LONDON: Global shares were within a whisker of a record high on Wednesday as markets traded on expectations of a third U

Published 14 Dec, 2017 01:40am

North America

Schumer: delay tax overhaul vote until new Alabama senator seated

WASHINGTON: Senate Democratic leader Chuck Schumer will urge Republicans on Wednesday to delay a vote on pending tax ove

Published 14 Dec, 2017 01:39am

Europe

Romania's lower house passes controversial judicial reforms

BUCHAREST: Romania's lower house of parliament on Wednesday passed two controversial reforms which the opposition says r

Published 14 Dec, 2017 01:38am

Europe

Poland to offer bonds due 2020-2029 at Friday switch tender

WARSAW: Poland will offer to sell treasury bonds maturing in July 2020, November 2022, January 2023, July 2027, May 2028

Published 14 Dec, 2017 01:38am

Money & Banking

PBOC to inject 50bn yuan via reverse repos

SHANGHAI: China's central bank will inject 50 billion yuan ($7.56 billion) into money markets on Thursday, traders said.

Published 14 Dec, 2017 01:38am

World

NZ debt office keeps 2017/18 bond issuance plans unchanged at NZ$7bn

WELLINGTON: The New Zealand Debt Management Office (NZDMO) on Thursday kept its bond issuance plans unchanged for the ne

Published 14 Dec, 2017 01:37am

Asia

Hong Kong's central bank raises base rate 25 basis points after Fed hike

HONG KONG: The Hong Kong Monetary Authority raised the base rate charged through its overnight discount window by 25 bas

Published 14 Dec, 2017 01:36am

Europe

Greece criticises EU chief over refugee quota comments

ATHENS: Greece on Wednesday said EU President Donald Tusk's rejection of refugee quotas was "ill-timed" and had no hope

Published 14 Dec, 2017 01:36am

Football

Man City set win record, Lukaku lifts Man Utd

LONDON: David Silva scored twice as runaway Premier League leaders Manchester City won 4-0 at Swansea City on Wednesday

Published 14 Dec, 2017 01:36am

World

Ecuador's VP handed 6 years in prison in Odebrecht graft case

QUITO: Ecuador's vice president, Jorge Glas, was sentenced to six years in prison Wednesday for receiving illegal kickba

Published 14 Dec, 2017 01:35am

Financial

Asia stocks edge higher after Fed meeting; dollar, US yields sag

TOKYO: Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike b

Published 14 Dec, 2017 01:35am

Financial

Dollar nurses losses after post-Fed sellof

SINGAPORE: The dollar nursed its losses in early Asian trade on Thursday, having tumbled after the Federal Reserve raise

Published 14 Dec, 2017 01:34am

Asia

Chinese, S. Korean leaders meet hoping to smooth tensions

BEIJING: South Korean President Moon Jae-In will hold talks with Chinese leader Xi Jinping in Beijing on Thursday, seeki

Published 14 Dec, 2017 01:34am

North America

Cancer-battling US Senator John McCain hospitalized

WASHINGTON: US Senator John McCain, who is fighting an aggressive form of brain cancer, was in a military hospital Wedne

Published 14 Dec, 2017 01:33am

Financial

C$ rises with oil as greenback slips ahead of Fed decision

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday as oil rose, while American inflation

Published 14 Dec, 2017 01:33am

Africa

Boko Haram tries to take over military base in NE Nigeria

KANO: Boko Haram fighters battled Nigerian soldiers for about an hour on Wednesday as they tried to take over a military

Published 14 Dec, 2017 01:32am

Europe

Bank of England's Brexit views in focus as rates set to stay on hold

LONDON: The Bank of England's views on Brexit will be scrutinised by investors on Thursday when the central bank announc

Published 14 Dec, 2017 01:32am

Financial

Australian shares set to gain; NZ flat

NEW YORK: Australian shares are expected to open higher on Thursday, tracking a rise in Wall Street following a widely e

Published 14 Dec, 2017 01:31am

Cricket

Ashes spot-fixing allegations a 'grave concern': ICC

PERTH: Allegations in a British newspaper about attempts to organise spot-fixing during the third Ashes test between Aus

Published 14 Dec, 2017 01:31am

Football

Guardiola tells City history men to keep at it

SWANSEA: Pep Guardiola has demanded no let-up from his history-making Manchester City side after they recorded a record-

Published 14 Dec, 2017 12:45am

Football

Klopp defends rotation after Liverpool held again

LIVERPOOL: Liverpool manager Jurgen Klopp insisted he won't ditch his rotation policy after the German's decision to mak

Published 14 Dec, 2017 12:44am

Football

Injured Bailly may need surgery, says Mourinho

MANCHESTER: Manchester United defender Eric Bailly may need surgery on the injury that has kept him out of action since

Published 14 Dec, 2017 12:29am

Commodities

Brazil decree allows wheat imports from Russia

SAO PAULO: Brazil's government on Wednesday published a decree laying out procedures importers will have to follow to be

Published 14 Dec, 2017 12:26am

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