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Archive - 2018-02-11
Khuhro sees internal differences in MQM-P
Pakistan Top News

Khuhro sees internal differences in MQM-P

LARKANA: Sindh Minister for Food Nisar Ahmed Khuhro said on Sunday that MQM-Pakistan is facing internal difference a
Published 11 Feb, 2018 07:25pm
KU extends exams’ fee
General News

KU extends exams’ fee

KARACHI: The University of Karachi's Controller of Examinations has notified that the examination forms and fees for LLB
Updated 11 Feb, 2018 02:15pm
Egypt army kills 16 militants in Sinai
Front Top News

Egypt army kills 16 militants in Sinai

CAIRO: Egypt's army said Sunday it had killed 16 militants and detained 34 more in the Sinai Peninsula since launching a
Published 11 Feb, 2018 12:50pm
Asma Jahangir passes away
Pakistan Top News

Asma Jahangir passes away

LAHORE: Eminent lawyer and human rights activist Asma Jahangir passed away due to cardiac arrest here on Sunday. Accordi
Published 11 Feb, 2018 11:35am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (February 10, 2018) and the forecast for Sunday (February 11, 2018).

Published 11 Feb, 2018 12:00am
Modi becomes first Indian PM to visit West Bank

Modi becomes first Indian PM to visit West Bank

Narendra Modi on Saturday became the first Indian prime minister to visit the occupied West Bank where he held talks with Palestinian president Mahmoud Abbas as part of a Middle East tour. The visit, which came weeks after Modi hosted Israeli Prime Minist
Published 11 Feb, 2018 12:00am
Modi becomes first Indian PM to visit West Bank

Modi becomes first Indian PM to visit West Bank

Narendra Modi on Saturday became the first Indian prime minister to visit the occupied West Bank where he held talks with Palestinian president Mahmoud Abbas as part of a Middle East tour. The visit, which came weeks after Modi hosted Israeli Prime Minist
Published 11 Feb, 2018 12:00am
Senate polls: PM calls for 'jihad' against horse trading

Senate polls: PM calls for 'jihad' against horse trading

Prime Minister Shahid Khaqan Abbasi Saturday called for 'jihad' against political horse-trading and categorically declared to resist and shame those who would get Senate membership using their fortune. "Senate election is due after a month. I question as
Published 11 Feb, 2018 12:00am
Senate polls: PM calls for 'jihad' against horse trading

Senate polls: PM calls for 'jihad' against horse trading

Prime Minister Shahid Khaqan Abbasi Saturday called for 'jihad' against political horse-trading and categorically declared to resist and shame those who would get Senate membership using their fortune. "Senate election is due after a month. I question as
Published 11 Feb, 2018 12:00am
Nawaz fails to appear before NAB

Nawaz fails to appear before NAB

Deposed Prime Minister Nawaz Sharif did not appear before National Accountability Bureau (NAB) on Saturday, ignoring the summons issued to him with respect two supplementary references regarding Al-Azizia Steel Mills and Flagship Investments. The NAB on F
Published 11 Feb, 2018 12:00am
Nawaz fails to appear before NAB

Nawaz fails to appear before NAB

Deposed Prime Minister Nawaz Sharif did not appear before National Accountability Bureau (NAB) on Saturday, ignoring the summons issued to him with respect two supplementary references regarding Al-Azizia Steel Mills and Flagship Investments. The NAB on F
Published 11 Feb, 2018 12:00am
Nisar says he cannot work under Maryam's leadership

Nisar says he cannot work under Maryam's leadership

Former Interior Minister Chaudhry Nisar on Saturday reiterated that he cannot work under the leadership of ex-prime minister Nawaz Sharif's daughter Maryam Nawaz. Addressing a press conference in Taxila, Ch Nisar clarified that he can only work with senio
Published 11 Feb, 2018 12:00am
Nisar says he cannot work under Maryam's leadership

Nisar says he cannot work under Maryam's leadership

Former Interior Minister Chaudhry Nisar on Saturday reiterated that he cannot work under the leadership of ex-prime minister Nawaz Sharif's daughter Maryam Nawaz. Addressing a press conference in Taxila, Ch Nisar clarified that he can only work with senio
Published 11 Feb, 2018 12:00am
IMF chief urges Arab states to slash spending

IMF chief urges Arab states to slash spending

IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in spending, achieve sustainable growth and create jobs. Speaking at the one-day Arab Fiscal Forum in Dubai, Lagarde welcomed "promising" ref
Published 11 Feb, 2018 12:00am
IMF chief urges Arab states to slash spending

IMF chief urges Arab states to slash spending

IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in spending, achieve sustainable growth and create jobs. Speaking at the one-day Arab Fiscal Forum in Dubai, Lagarde welcomed "promising" ref
Published 11 Feb, 2018 12:00am
IMF chief urges Arab states to slash spending

IMF chief urges Arab states to slash spending

IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in spending, achieve sustainable growth and create jobs. Speaking at the one-day Arab Fiscal Forum in Dubai, Lagarde welcomed "promising" ref
Published 11 Feb, 2018 12:00am
MQM crisis subsides

MQM crisis subsides

Despite a major breakthrough, the crisis in Muttahida Qaumi Movement (MQM) is not yet over. The top leaders of MQM 'Bahadurababd' faction led by Amir Khan called on MQM-P chief Dr Farooq Sattar, at latter's PIB residence on Saturday night. Farooq Sattar h
Published 11 Feb, 2018 12:00am
MQM crisis subsides

MQM crisis subsides

Despite a major breakthrough, the crisis in Muttahida Qaumi Movement (MQM) is not yet over. The top leaders of MQM 'Bahadurababd' faction led by Amir Khan called on MQM-P chief Dr Farooq Sattar, at latter's PIB residence on Saturday night. Farooq Sattar h
Published 11 Feb, 2018 12:00am
FIA suggests amendments to PECA

FIA suggests amendments to PECA

The Federal Investigation Agency (FIA) has proposed several amendments to improve Prevention of Electronic Crimes Act (PECA)-2016, as some clauses are impeding the effective investigation and successful prosecution. According to FIA report prepared for th
Published 11 Feb, 2018 12:00am
FIA suggests amendments to PECA

FIA suggests amendments to PECA

The Federal Investigation Agency (FIA) has proposed several amendments to improve Prevention of Electronic Crimes Act (PECA)-2016, as some clauses are impeding the effective investigation and successful prosecution. According to FIA report prepared for th
Published 11 Feb, 2018 12:00am
PIDC, SMEDA appointments in hot water

PIDC, SMEDA appointments in hot water

The appointments of Chief Executive Officers (CEOs) of Pakistan Industrial Development Corporation (PIDC) and Small and Medium Enterprise Development Authority (SMEDA) are said to be in hot water as their summaries have not sailed through the federal cabi
Published 11 Feb, 2018 12:00am
PIDC, SMEDA appointments in hot water

PIDC, SMEDA appointments in hot water

The appointments of Chief Executive Officers (CEOs) of Pakistan Industrial Development Corporation (PIDC) and Small and Medium Enterprise Development Authority (SMEDA) are said to be in hot water as their summaries have not sailed through the federal cabi
Published 11 Feb, 2018 12:00am
PIDC, SMEDA appointments in hot water

PIDC, SMEDA appointments in hot water

The appointments of Chief Executive Officers (CEOs) of Pakistan Industrial Development Corporation (PIDC) and Small and Medium Enterprise Development Authority (SMEDA) are said to be in hot water as their summaries have not sailed through the federal cabi
Published 11 Feb, 2018 12:00am
Pak-Afghan talks make progress

Pak-Afghan talks make progress

Pakistan and Afghanistan held "good" discussions and made "some agreement" on co-operation in areas of counterterrorism, peace and reconciliation, refugees' repatriation and joint economic development. But the details of the two-day talks, which concluded
Published 11 Feb, 2018 12:00am
Pak-Afghan talks make progress

Pak-Afghan talks make progress

Pakistan and Afghanistan held "good" discussions and made "some agreement" on co-operation in areas of counterterrorism, peace and reconciliation, refugees' repatriation and joint economic development. But the details of the two-day talks, which concluded
Published 11 Feb, 2018 12:00am
Joint Pak-Saudi naval exercise commences at Al Jubail

Joint Pak-Saudi naval exercise commences at Al Jubail

Major joint Naval Exercises Naseem Al Bahr, first joint Mine Counter Measures Exercise (MCMEX) and Marine Forces Exercise Deraa Al Sahil between Pakistan Navy and Royal Saudi Naval Forces (RSNF) has commenced at Saudi Arabian Port Al Jubail. The 11th exer
Published 11 Feb, 2018 12:00am
Joint Pak-Saudi naval exercise commences at Al Jubail

Joint Pak-Saudi naval exercise commences at Al Jubail

Major joint Naval Exercises Naseem Al Bahr, first joint Mine Counter Measures Exercise (MCMEX) and Marine Forces Exercise Deraa Al Sahil between Pakistan Navy and Royal Saudi Naval Forces (RSNF) has commenced at Saudi Arabian Port Al Jubail. The 11th exer
Published 11 Feb, 2018 12:00am
Anti-fascist protesters rally in flashpoint Italian town

Anti-fascist protesters rally in flashpoint Italian town

Thousands of anti-fascist demonstrators rallied in the central Italian town of Macerata on Saturday a week after a far-right gunmen shot and wounded six Africans in a racially-motivated attack. Gathered in the town centre on a freezing but sunny afternoon
Published 11 Feb, 2018 12:00am
Nawaz Sharif is party chief: Mushahidullah

Nawaz Sharif is party chief: Mushahidullah

Federal Minister for Climate Change Mushahidullah Khan has said that Nawaz Sharif is the President of PML-N and he is running the party. Reacting to the presser of former interior minister Chaudhry Nisar Ali Khan, he said that no Muslim Leaguer was workin
Published 11 Feb, 2018 12:00am
Spain accuses major drug baron of planning comeback

Spain accuses major drug baron of planning comeback

Since his conditional release from prison in 2016, Sito Minanco had reportedly ditched his past as one of Spain's most powerful drug barons to work as a parking attendant. But this week, the 62-year-old - whose real name is Jose Ramon Prado Bugallo - was
Published 11 Feb, 2018 12:00am
Two Indian soldiers killed in IHK

Two Indian soldiers killed in IHK

Two Indian soldiers were killed on Saturday in an ongoing gunfight after suspected freedom fighters attacked a military base in the Jammu region of Indian-held Kashmir, officials said. The pre-dawn attack left six others injured, including a girl, after f
Published 11 Feb, 2018 12:00am
Pak-US cooperation must for regional peace, stability: Washington

Pak-US cooperation must for regional peace, stability: Washington

Pakistan and United States have underscored the need to join hands for sustainable peace and prosperity in the south Asian region. The understanding came during meeting between Interior Minister Ahsan Iqbal and US Deputy Secretary of State John Sullivan i
Published 11 Feb, 2018 12:00am
Mexico arrests Zetas drug cartel boss wanted in US

Mexico arrests Zetas drug cartel boss wanted in US

Mexican marines have captured a kingpin in the violent Zetas drug cartel who had a $5-million reward on his head in the United States, authorities said Friday. Jose Maria Guizar Valencia, alias "Z43," was arrested Thursday in the upscale Mexico City neigh
Published 11 Feb, 2018 12:00am
CJP summons Shahbaz in contaminated water case

CJP summons Shahbaz in contaminated water case

Chief Justice of Pakistan Mian Saqib Nisar on Saturday summoned Chief Minister of Punjab Shehbaz Sharif in the contaminated water case on Sunday. Chief Justice Nisar was hearing the case regarding contaminated water in Ravi River at the Lahore Registry of
Published 11 Feb, 2018 12:00am
CJP summons Shahbaz in contaminated water case

CJP summons Shahbaz in contaminated water case

Chief Justice of Pakistan Mian Saqib Nisar on Saturday summoned Chief Minister of Punjab Shehbaz Sharif in the contaminated water case on Sunday. Chief Justice Nisar was hearing the case regarding contaminated water in Ravi River at the Lahore Registry of
Published 11 Feb, 2018 12:00am
Tough Turkey talks await Tillerson: officials

Tough Turkey talks await Tillerson: officials

US Secretary of State Rex Tillerson faces "difficult" talks next week with NATO ally Turkey on Syria and human rights, his delegation said Friday before a regional tour. Late last month, Ankara began a cross-border offensive in northwestern Syria against
Published 11 Feb, 2018 12:00am
Tough Turkey talks await Tillerson: officials

Tough Turkey talks await Tillerson: officials

US Secretary of State Rex Tillerson faces "difficult" talks next week with NATO ally Turkey on Syria and human rights, his delegation said Friday before a regional tour. Late last month, Ankara began a cross-border offensive in northwestern Syria against
Published 11 Feb, 2018 12:00am
Israel launches heavy Syria strikes after F-16 crashes

Israel launches heavy Syria strikes after F-16 crashes

Israel launched its most intensive air strikes yet against Iranian forces in Syria on Saturday after intercepting what it said was an Iranian drone and the rare downing of an Israeli F-16 warplane. The incidents marked the most serious confrontations in S
Published 11 Feb, 2018 12:00am
Israel launches heavy Syria strikes after F-16 crashes

Israel launches heavy Syria strikes after F-16 crashes

Israel launched its most intensive air strikes yet against Iranian forces in Syria on Saturday after intercepting what it said was an Iranian drone and the rare downing of an Israeli F-16 warplane. The incidents marked the most serious confrontations in S
Published 11 Feb, 2018 12:00am
Saudi women need not wear abaya: senior cleric

Saudi women need not wear abaya: senior cleric

Saudi women should not have to wear the loose-fitting abaya robe to shroud their bodies in public, a senior cleric said, in the latest sign of a far-reaching liberalisation drive. "More than 90 percent of pious Muslim women in the Muslim world do not wear
Published 11 Feb, 2018 12:00am
Saudi women need not wear abaya: senior cleric

Saudi women need not wear abaya: senior cleric

Saudi women should not have to wear the loose-fitting abaya robe to shroud their bodies in public, a senior cleric said, in the latest sign of a far-reaching liberalisation drive. "More than 90 percent of pious Muslim women in the Muslim world do not wear
Published 11 Feb, 2018 12:00am
Kim Jong Un invites South Korea's Moon to Pyongyang

Kim Jong Un invites South Korea's Moon to Pyongyang

North Korean leader Kim Jong Un invited the South's President Moon Jae-in for a summit in Pyongyang Saturday, Seoul said, even as the US warned against falling for Pyongyang's Olympic charm offensive. The invitation, delivered by Kim's visiting sister Kim
Published 11 Feb, 2018 12:00am
Kim Jong Un invites South Korea's Moon to Pyongyang

Kim Jong Un invites South Korea's Moon to Pyongyang

North Korean leader Kim Jong Un invited the South's President Moon Jae-in for a summit in Pyongyang Saturday, Seoul said, even as the US warned against falling for Pyongyang's Olympic charm offensive. The invitation, delivered by Kim's visiting sister Kim
Published 11 Feb, 2018 12:00am
Bangladeshi charged with 'IS-inspired' Australia stabbing

Bangladeshi charged with 'IS-inspired' Australia stabbing

A young Bangladeshi woman was Saturday charged with stabbing a man in the neck while he slept in Melbourne in what Australian police described as an Islamic State-inspired attack. Police arrested Momena Shoma, 24, at the scene after the incident in the ci
Published 11 Feb, 2018 12:00am
Bangladeshi charged with 'IS-inspired' Australia stabbing

Bangladeshi charged with 'IS-inspired' Australia stabbing

A young Bangladeshi woman was Saturday charged with stabbing a man in the neck while he slept in Melbourne in what Australian police described as an Islamic State-inspired attack. Police arrested Momena Shoma, 24, at the scene after the incident in the ci
Published 11 Feb, 2018 12:00am
Foreign assets: SBP asked to file report

Foreign assets: SBP asked to file report

Supreme Court has decided to take up matter regarding illegal foreign assets of Pakistanis who are operating accounts in foreign countries without disclosing particulars of the same and paying taxes in Pakistan. Taking suo motu notice in the matter on Feb
Published 11 Feb, 2018 12:00am
Foreign assets: SBP asked to file report

Foreign assets: SBP asked to file report

Supreme Court has decided to take up matter regarding illegal foreign assets of Pakistanis who are operating accounts in foreign countries without disclosing particulars of the same and paying taxes in Pakistan. Taking suo motu notice in the matter on Feb
Published 11 Feb, 2018 12:00am
Foreign assets: SBP asked to file report

Foreign assets: SBP asked to file report

Supreme Court has decided to take up matter regarding illegal foreign assets of Pakistanis who are operating accounts in foreign countries without disclosing particulars of the same and paying taxes in Pakistan. Taking suo motu notice in the matter on Feb
Published 11 Feb, 2018 12:00am
Rs 452.83 billion released for PSDP projects

Rs 452.83 billion released for PSDP projects

The government has released Rs 452.83 billion (45.24 percent) including Rs 81.54 billion foreign aid for different development projects under Public Sector Development Programme (PSDP) 2017-18 against total budgeted allocation of Rs 1,001 billion. Accordi
Published 11 Feb, 2018 12:00am
Rs 452.83 billion released for PSDP projects

Rs 452.83 billion released for PSDP projects

The government has released Rs 452.83 billion (45.24 percent) including Rs 81.54 billion foreign aid for different development projects under Public Sector Development Programme (PSDP) 2017-18 against total budgeted allocation of Rs 1,001 billion. Accordi
Published 11 Feb, 2018 12:00am
Rs 452.83 billion released for PSDP projects

Rs 452.83 billion released for PSDP projects

The government has released Rs 452.83 billion (45.24 percent) including Rs 81.54 billion foreign aid for different development projects under Public Sector Development Programme (PSDP) 2017-18 against total budgeted allocation of Rs 1,001 billion. Accordi
Published 11 Feb, 2018 12:00am
Trump laments 'shattered' lives after aides resign

Trump laments 'shattered' lives after aides resign

President Donald Trump on Saturday said that lives were being "shattered" by allegations that may be false after two of his White House aides quit over domestic abuse accusations.
Published 11 Feb, 2018 12:00am
Trump laments 'shattered' lives after aides resign

Trump laments 'shattered' lives after aides resign

President Donald Trump on Saturday said that lives were being "shattered" by allegations that may be false after two of his White House aides quit over domestic abuse accusations.
Published 11 Feb, 2018 12:00am
Saarc politicians under accountability spotlight

Saarc politicians under accountability spotlight

"Dhaka is effectively cut off, people in panic," read the front-page headline of the Bengali-language newspaper Prothom Alo last Friday. In other words, Bangladesh is suffering from a severe bout of political unrest following the announcement of a court v
Published 11 Feb, 2018 12:00am
Stemming the rot

Stemming the rot

The National Accountability Bureau Chairman, former Justice Javed Iqbal, has publicly expressed his displeasure over the lack of progress in inquiries under way in Punjab. Speaking at a cheque distribution ceremony in Lahore among affectees of a cash swin
Published 11 Feb, 2018 12:00am
Trade account
Vegetable Oil

Trade account

The following are excerpts from State Bank of Pakistan's 1st quarterly report 2017-18: The trade deficit witnessed a sharp YoY increase of 29.8 percent in Q1 -FY 18. A rebound in export earnings did not suffice to contain the pressure of increasing
Published 11 Feb, 2018 12:00am
After years of protest, Ivory Coast locals ink deal with gold mine

After years of protest, Ivory Coast locals ink deal with gold mine

Villagers in central Ivory Coast are savouring a rare victory after reaching a deal with a Canadian gold mine operator following a four-year battle for compensation that at times turned violent. Since it began operating in 2014, the Agbaou gold mine - whi
Published 11 Feb, 2018 12:00am
MQM crisis

MQM crisis

A wave of gloom pervades in both the centres of Muttahida Qaumi Movement-Pakistan - PIB Colony and Bahadurabad. The MQM leadership has so far failed to resolve its internal rifts, causing distress among its members and supporters. The party chief, Dr Faro
Published 11 Feb, 2018 12:00am
Rain, snowfall forecast for today

Rain, snowfall forecast for today

Pakistan Metrological Department (PMD) forecasted that there will be rain as well as snowfall in several parts of country on Sunday and Monday. According to a press release, westerly wave has been predicted to enter western parts of the country on Saturda
Published 11 Feb, 2018 12:00am
Tanveer made PIAF's acting chief

Tanveer made PIAF's acting chief

Pakistan Industrial and Traders Association Front (PIAF) Senior Vice Chairman Tanveer Ahmad Sufi will perform as acting chairman of the association in the absence of PIAF Chairman Irfan Iqbal Sheikh who has left for Saudi Arabia to perform Umrah.
Published 11 Feb, 2018 12:00am
Sami-ul Haq rules out possibilities of joining MMA

Sami-ul Haq rules out possibilities of joining MMA

Chief of his own faction, Jamiat-e-Ulema-e-Islam Sami-ul Haq (JUI-S), Maulana Sami-ul Haq on Saturday ruled out joining the recently revived Muttahida Majlis-e-Amal (MMA), an alliance of different religious parties. Talking to media persons outside the El
Published 11 Feb, 2018 12:00am
KP Assembly meets tomorrow after a break of 22 days

KP Assembly meets tomorrow after a break of 22 days

Khyber Pakhtunkhwa Assembly will resume its proceedings tomorrow after long adjournment of 22 days. The proceedings of the house was adjourned till February 12, 2018 after the presentation of the KP Employees (Regularization of Services) Bill, 2018 in the
Published 11 Feb, 2018 12:00am
Anti-polio drive to begin across KP from tomorrow

Anti-polio drive to begin across KP from tomorrow

The anti-polio campaign will be formally kicked off across the Khyber Pakhtukhwa province from February 12 (tomorrow). According to the details, all arrangements have been finalized for an anti-polio drive set to commence in entire Khyber Pakhtunkhwa from
Published 11 Feb, 2018 12:00am
CTD arrests facilitator of Peshawar attack

CTD arrests facilitator of Peshawar attack

The Khyber Pakhtunkhwa (KP) Counter Terrorism Department (CTD) on Saturday arrested a facilitator of the terror attack on Peshawar Agricultural Directorate in which nine people were killed and 38 others injured. According to CTD, the man identified as Muh
Published 11 Feb, 2018 12:00am
US should not level allegations to hide its own flaws: Bilawal

US should not level allegations to hide its own flaws: Bilawal

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Saturday has warned the United States of America (USA) to not level allegations to hide its own flaws. Holding a press conference in Washington, Bilawal said that America should clearly tell
Published 11 Feb, 2018 12:00am
PPP membership drive across KP

PPP membership drive across KP

Pakistan People Party has decided to set up camps at different levels in various districts for contacting public during the ongoing membership drive across Khyber Pakhtunkhwa. The provincial President Muhammad Humayun Khan while speaking at a gathering of
Published 11 Feb, 2018 12:00am
Criminal activities continue in Islamabad

Criminal activities continue in Islamabad

Over 10 cases of various kinds of theft including robbery, burglary and snatching, six cases of motor vehicle theft and one murder case were reported to various police stations of the city during the last week. According to data gathered by Business Recor
Published 11 Feb, 2018 12:00am
Dr Ishrat's book launched

Dr Ishrat's book launched

"Governing the Ungovernable: Institutional Reforms for Democratic Governance," authored by Dr Ishrat Hussain was launched at the ninth Karachi Literature Festival at a local hotel on Saturday. The book highlights economic and political problems of the cou
Published 11 Feb, 2018 12:00am
MQM-P, PSP should join hands, suggests Sindh chief minister

MQM-P, PSP should join hands, suggests Sindh chief minister

Sindh Chief Minister Murad Ali Shah has suggested Muttahida Qaumi Movement-Pakistan (MQM-P) and Pak Sarzameen Party (PSP) to join hands. While speaking to the media outside the Election Commission of Pakistan office in Karachi on Saturday, the chief minis
Published 11 Feb, 2018 12:00am
MQM-P infighting perturbs party activists: Izharul Hassan

MQM-P infighting perturbs party activists: Izharul Hassan

Muttahida Qaumi Movement-Pakistan (MQM-P) MPA Khawaja Izharul Hassan on Saturday said the party infighting is disheartening the activists, particularly those in jails. Talking to media persons here, Izhar admitted that mistrust between the two groups exis
Published 11 Feb, 2018 12:00am
Arms recovered from Dera Murad Jamali: ISPR

Arms recovered from Dera Murad Jamali: ISPR

A huge cache of ammunition and weaponry was recovered from Dera Murad Jamali area of the District Nasirabad of Balochistan province during ongoing Operation Raddul Fasaad. According to the Pakistan Army Media wing-ISPR, Frontier Corps conducted a raid on
Published 11 Feb, 2018 12:00am
Inflammatory speeches: arrest warrants for MQM founder, others issued

Inflammatory speeches: arrest warrants for MQM founder, others issued

An Anti-Terrorism Court (ATC) on Saturday conducted hearing regarding 26 inflammatory speeches cases and once again issued arrest warrants for Muttahida Qaumi Movement (MQM) founder and other fugitives. Khawaja Izhar, Rauf Siddiqui and Rehan Hashmi appear
Published 11 Feb, 2018 12:00am
Infighting within MQM-P termed a conspiracy

Infighting within MQM-P termed a conspiracy

MQM-Pakistan representative Kamran Tessori said on Saturday that a conspiracy was being hatched against him for the stance that he had taken in support of the Mohajir community. Speaking to media personnel, Tessori said that somewhere, somehow a conspirac
Published 11 Feb, 2018 12:00am
Sindh Tripartite Labour Policy 2018 announced

Sindh Tripartite Labour Policy 2018 announced

Sindh government has formally announced Sindh Tripartite Labour Policy 2018 here at a hurriedly-called press conference, here on Saturday. Addressing media persons, Senior Minister Nisar Ahmed Khuhro has said that PPP is safeguarding the rights of the wor
Published 11 Feb, 2018 12:00am
KCCI urges lawmakers to revisit power laws

KCCI urges lawmakers to revisit power laws

There is an emergent need for the lawmakers and regulatory authorities to revisit the current laws, rules and regulations and make them more stringent, impose hefty penalties on the Disco in case of violations and even imprisonment of officials involved i
Published 11 Feb, 2018 12:00am
JUI-F senator objects to Nasreen Jalil's saree

JUI-F senator objects to Nasreen Jalil's saree

A JUI-F senator in a meeting on Saturday told MQM's Nasreen Jalil that she should have an appearance like Muslims, after objecting to her dressing in a sari. The incident occurred during a meeting of the Senate's Functional Committee on Human Rights that
Published 11 Feb, 2018 12:00am
MQM-P to remain united, says Sattar's wife

MQM-P to remain united, says Sattar's wife

After his mother had earlier played a pivotal role in urging her son to take back his resignation as MQM-P chief, Dr Farooq Sattar's wife has come forward with important predictions concerning the party's future. While most supporters and office-bearers o
Published 11 Feb, 2018 12:00am
Over 570 awarded degrees at LUMHS convocation

Over 570 awarded degrees at LUMHS convocation

The Chief Guest Chief Minister Sindh Syed Murad Ali Shah said that I congratulate all graduates honored today with medals and received degrees. Induction of your name today in the noble profession is not merely entry to noble profession but it is a marvel
Published 11 Feb, 2018 12:00am
Political stability must for a dignified nation: Shahbaz

Political stability must for a dignified nation: Shahbaz

Punjab Chief Minister Shahbaz Sharif Saturday said the country needs political stability to bring it forward as a dignified and respectable nation in the comity of nations. While addressing a ceremony held to distribute interest-free loans among 25,000 fa
Published 11 Feb, 2018 12:00am
Five-day polio drive in Punjab from February 12

Five-day polio drive in Punjab from February 12

The IInd five-day polio eradication drive of the year will start all over Punjab, including Rawalpindi from Monday (February 12). The provincial emergency operations centre has constituted over 44 thousand teams which will go door to door to vaccinate ove
Published 11 Feb, 2018 12:00am
20 human traffickers arrested

20 human traffickers arrested

The Federal Investigation Agency (FIA) Saturday claimed to have arrested 20 human smugglers including four proclaimed offenders (POs) and a government official. An FIA spokesman said these criminals were arrested during its ongoing provincial crackdown ag
Published 11 Feb, 2018 12:00am
LCCI urges FBR to release refunds on first-come-first-serve basis

LCCI urges FBR to release refunds on first-come-first-serve basis

Lahore Chamber of Commerce and Industry has demanded of the Federal Board of Revenue (FBR) to release income tax and sales tax refunds on "first come first serve" basis. The demand was raised by the LCCI Acting President Khawaja Khawar Rashid and Vice Pre
Published 11 Feb, 2018 12:00am
Buying house, display centre to be set up in Malaysia
Exchange

Buying house, display centre to be set up in Malaysia

Pakistani Embassy in Malaysia in collaboration with the Lahore Chamber of Commerce and Industry (LCCI) will establish a buying house and display centre for Pakistani products in Kualalumpur to expose customers to the best quality of Pakistani products.
Published 11 Feb, 2018 12:00am
Zainab's murder case: ATC to frame charges on February 12

Zainab's murder case: ATC to frame charges on February 12

Anti-Terrorism Court on Saturday heard the case against Imran Ali, accused of Zainab's murder at Kot Lakhpat Jail, and fixed February 12 for framing charges against him. Earlier the copies of the challan were provided to the lawyers of both parties and th
Published 11 Feb, 2018 12:00am
First National Youth Summit from February 12

First National Youth Summit from February 12

The first National Youth Summit Pakistan (NYSP) will be held under the auspices of University of Lahore (UoL) and Ministry of Youth and Sports on February 12 and 13, 2018 at the University of Lahore. While addressing a press conference, here at National H
Published 11 Feb, 2018 12:00am
Three teenage girls abducted in Sargodha

Three teenage girls abducted in Sargodha

Three teenage girls were abducted from different areas of Sargodha on Saturday. Police said that unknown abductors kidnapped 11-year-old Anna Amber outside her residence in Muhammadi Colony of Sargodha. The culprit Khalilur Rehman abducted Sana Bashir (12
Published 11 Feb, 2018 12:00am
EBM launches 'Peek Freans Cake Up'

EBM launches 'Peek Freans Cake Up'

Peek Freans' iconic Pied Piper has become a household name over the years. After almost five decades, several best-selling products and millions of satisfied cravings, Pakistan's leading biscuit manufacturer, English Biscuit Manufacturers (Private) Limite
Published 11 Feb, 2018 12:00am
PFIA hails: SHC decision on regulatory duty

PFIA hails: SHC decision on regulatory duty

Pakistan FMCG Importers Association (PFIA) welcoming the decision of the Sindh High Court scrapping regulatory duty imposed by the government on import of different products has urged the judiciary to ensure implementation on its decision and also giving
Published 11 Feb, 2018 12:00am
Passenger dies at Lahore airport

Passenger dies at Lahore airport

A 36-year-old passenger of Lahore-Riaz bound PK-725 died of heart attack at the departure lounge of the Lahore airport. According to the Civil Aviation sources, a passenger, Iqbal Rajput, from Smundari, a suburb of district Faisalabad, suffered from cardi
Published 11 Feb, 2018 12:00am
Valuation anomalies: no complaint received from ABAD: FBR

Valuation anomalies: no complaint received from ABAD: FBR

The Federal Board of Revenue (FBR) has said that it has not received any complaint so far from Association of Builders and Developers of Pakistan (ABAD) regarding anomalies in valuation of immovable properties this year. A meeting of the National Assembly
Published 11 Feb, 2018 12:00am
Eight submit papers for two Islamabad Senate seats

Eight submit papers for two Islamabad Senate seats

A total of eight candidates have applied for two Senate seats of the federal capital, including five for general seat and three for technocrat seat. According to the details released by the Election Commission of Pakistan (ECP), Pakistan Muslim League-Naw
Published 11 Feb, 2018 12:00am
CTD probes another alleged extra judicial killing by Anwar

CTD probes another alleged extra judicial killing by Anwar

The Counter Terrorism Department on the direction of Sindh Inspector General AD Khawaja started a probe into Junaid Abro 'encounter' conducted by suspended SSP Rao Anwar on December 26, 2017. According CTD sources, in their statement to the enquiry team,
Published 11 Feb, 2018 12:00am
Clean water case: CJP comes down hard on DG food authority

Clean water case: CJP comes down hard on DG food authority

Chief Justice Pakistan proceedings with clean water case came down hard on director general food authority Noorul Amin Mengal after he disclosed that 1,148 companies are involved in the business of bottled water and most of them were unregistered. "How co
Published 11 Feb, 2018 12:00am
Kashmir issue is alive at UN, says Maleeha

Kashmir issue is alive at UN, says Maleeha

Pakistan will stand by the Kashmiri people and support their just struggle for self-determination until the achievement of their goal, Ambassador Maleeha Lodhi told a large gathering of Pakistanis and Kashmiris in New York. Presiding over a meeting organi
Published 11 Feb, 2018 12:00am
Fencing along Pak-Afghan border to help eliminate terrorism: Asif

Fencing along Pak-Afghan border to help eliminate terrorism: Asif

Foreign Minister Khawaja Muhammad Asif has said that the fencing along the porous Pak-Afghan border will stop cross border infiltration of militants and help eliminate terrorism. In an interview with the New York-based Bloomberg news agency, he said any f
Published 11 Feb, 2018 12:00am
Prices of essential kitchen items witness decline

Prices of essential kitchen items witness decline

Prices of essential kitchen items witnessed reduction during this week past against the preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that the price of live chicken went down from Rs 5,600 pe
Published 11 Feb, 2018 12:00am
US spies bilked for $100,000 by Russian peddling Trump secrets

US spies bilked for $100,000 by Russian peddling Trump secrets

A Russian man promising stolen hacking tools and compromising information on President Donald Trump fleeced American spies for $100,000 last year, The New York Times reported Friday. In a story worthy of a John le Carre novel that included secret USB-driv
Published 11 Feb, 2018 12:00am
At least 18 killed, 50 injured as bus topples over in Hong Kong

At least 18 killed, 50 injured as bus topples over in Hong Kong

The driver of a double-decker bus that toppled over in Hong Kong killing at least 18 people and injuring more than 50 others on Saturday evening has been arrested for dangerous driving, police said. Images from the scene showed rescuers attempting to reac
Published 11 Feb, 2018 12:00am
Trump blocks release of Democratic memo on Russia probe

Trump blocks release of Democratic memo on Russia probe

President Donald Trump is refusing to declassify a high-profile memo written by Democratic lawmakers about the Russia probe. In a letter to the chair of the House Intelligence Committee Friday, White House counsel Don McGahn says the memo "contains numero
Published 11 Feb, 2018 12:00am
Publisher detained in China 'confesses', blames Sweden

Publisher detained in China 'confesses', blames Sweden

Detained book publisher Gui Minhai has surfaced nearly three weeks after disappearing into police custody in China, confessing wrongdoing and accusing his adopted country Sweden of manipulating him like a "chess piece". It was unclear whether the Chinese-
Published 11 Feb, 2018 12:00am
Two Turkish troops killed as helicopter downed

Two Turkish troops killed as helicopter downed

Turkish Prime Minister Binali Yildirim said two military personnel were killed when a helicopter was downed during Ankara's offensive against a Kurdish militia in northern Syria. "At this stage, we can say that one out of two helicopters was downed. We ha
Published 11 Feb, 2018 12:00am
Tanzania withdraws from UN refugee programme

Tanzania withdraws from UN refugee programme

Tanzanian President John Magufuli has announced his country will pull out of the UN's "comprehensive refugee response framework", which provides lasting solutions for refugees, including integration into host communities. "Tanzania has decided to withdraw
Published 11 Feb, 2018 12:00am
Actor Reg E. Cathey dies

Actor Reg E. Cathey dies

Actor Reg E. Cathey, who had roles in the hit series "House of Cards" and "The Wire," has died, a Hollywood TV series creator reported. He was 59. Cathey's death was first reported late Friday on Twitter by "The Wire" creator David Simon. No cause of deat
Published 11 Feb, 2018 12:00am
Adams steps down as Sinn Fein leader after 34 years

Adams steps down as Sinn Fein leader after 34 years

Mary Lou McDonald on Saturday replaced Gerry Adams as president of Sinn Fein following his decision to step down after 34 years as the figurehead of the Irish republican movement. McDonald, the leftwing party's deputy leader, was confirmed last month as s
Published 11 Feb, 2018 12:00am
Scores defy Thai junta with rally demanding elections

Scores defy Thai junta with rally demanding elections

Scores of Thais on Saturday gathered in defiance of a junta ban on protests to call for a return to democracy, as public anger mounts over prolonged military repression. The ruling junta has kept a tight lid on dissent since its 2014 coup by outlawing gat
Published 11 Feb, 2018 12:00am
27 killed as bus crashes in Indonesia

27 killed as bus crashes in Indonesia

At least 27 people died and 16 others were injured when a bus carrying domestic tourists crashed on the Indonesian island of Java, police said on Saturday. The crash happened when the bus, which had at least 40 people on board, hit a motorbike while headi
Published 11 Feb, 2018 12:00am
Iraq banks on private sector for post-IS reconstruction

Iraq banks on private sector for post-IS reconstruction

Months after declaring victory over jihadists, war-battered Iraq hopes to attract billions of dollars from private investors as well as donors to fund its reconstruction. Baghdad is looking to drum up funds at a reconstruction conference in neighbouring K
Published 11 Feb, 2018 12:00am
South Africa political deadlock as Zuma clings to power

South Africa political deadlock as Zuma clings to power

South Africa's political impasse deepened on Saturday with no resolution to extended talks over President Jacob Zuma's expected departure from office after his own party called for him to resign. Cyril Ramaphosa, the president-in-waiting, and the ruling A
Published 11 Feb, 2018 12:00am
UK government reviews Oxfam work amid Haiti prostitutes scandal

UK government reviews Oxfam work amid Haiti prostitutes scandal

The British Government announced late Friday it was reviewing all work with Oxfam amid revelations the charity's staff hired prostitutes in Haiti during a 2011 relief effort on the earthquake-hit island. The Department for International Development (DFID)
Published 11 Feb, 2018 12:00am
Sri Lanka's uneasy coalition faces local vote test

Sri Lanka's uneasy coalition faces local vote test

Polling was under way in Sri Lanka Saturday to elect local councils in what is seen as a crucial mid-term test for the uneasy coalition of President Maithripala Sirisena. The election heightened tensions between President Sirisena and his senior coalition
Published 11 Feb, 2018 12:00am
Taiwan earth quake toll rises to 15

Taiwan earth quake toll rises to 15

The toll from a deadly 6.4-magnitude quake in Taiwan rose to 15 Saturday as rescuers searching for a missing family of Chinese tourists discovered three more bodies in a partially toppled building. Scores of emergency workers combed the rubble at the foot
Published 11 Feb, 2018 12:00am
China wants 11 Uighurs back, says Malaysia

China wants 11 Uighurs back, says Malaysia

China has asked Malaysia to deport 11 ethnic Uighur Muslims who were part of a group that escaped from Thailand's immigration detention center, the Malaysian deputy premier said Saturday. In the dramatic breakout last November, a group of 25 Uighurs used
Published 11 Feb, 2018 12:00am
UK's Johnson says to raise detained Reuters reporters with Suu Kyi

UK's Johnson says to raise detained Reuters reporters with Suu Kyi

Britain's foreign minister said he would raise the case of two Reuters journalists detained in Myanmar with the country's leader, Aung San Suu Kyi, on Sunday, referring to a report they authored on violence against minority Rohingya Muslims.
Published 11 Feb, 2018 12:00am
Movie star, ex-US envoy to Mexico John Gavin dies

Movie star, ex-US envoy to Mexico John Gavin dies

Actor John Gavin, whose handsome looks landed him roles in the 1960 films "Psycho" and "Spartacus" and was later US ambassador to Mexico, died in California, US media reported. He was 86. Gavin died at his home in Beverly Hills, the Los Angeles Times repo
Published 11 Feb, 2018 12:00am
North's 'army of beauties' seduces as Koreans suffer hockey rout

North's 'army of beauties' seduces as Koreans suffer hockey rout

North Korea's cheerleaders serenaded South Korean fans with tender love songs Saturday as a joint Korean ice hockey team's emotional Olympic debut ended in tears before the sister of Kim Jong Un. The first Kim dynasty member to visit the south since the 1
Published 11 Feb, 2018 12:00am
Lim strikes first gold for hosts

Lim strikes first gold for hosts

Short-track speed skater Lim Hyo-jun claimed a first gold medal for South Korea on Saturday as the hosts made a triumphant start to the Pyeongchang Winter Olympics. Lim got Korea off the mark on the first full day of action in the men's 1500m in front of
Published 11 Feb, 2018 12:00am
Dahlmeier takes Olympic biathlon gold for Germany

Dahlmeier takes Olympic biathlon gold for Germany

Laura Dahlmeier won Germany's first gold medal of the 2018 Winter Olympics on Saturday, snatching victory in the women's biathlon sprint. Second came Norway's Marte Olsbu with Veronika Vitkova of the Czech Republic in third place. It was 24-year-old Dahlm
Published 11 Feb, 2018 12:00am
Charlotte Kalla won the first title of the Games

Charlotte Kalla won the first title of the Games

Sweden's Charlotte Kalla claimed the first gold of the Pyeongchang Winter Olympics but the spotlight on Saturday was expected to fall on the unified Korean hockey team. Kalla won the women's skiathlon cross country race ahead of Norway's Marit Bjoergen, p
Published 11 Feb, 2018 12:00am
Wellinger stuns Stoch to win windy ski jump gold

Wellinger stuns Stoch to win windy ski jump gold

Andreas Wellinger stunned reigning double Olympic champion Kamil Stoch to win the men's normal hill ski jumping gold in swirling winds at the Pyeongchang Winter Games on Saturday. Poland's Stoch finished a shock fourth as the young German won the title fr
Published 11 Feb, 2018 12:00am
Bolt wouldn't fancy bobsleigh, say Jamaica

Bolt wouldn't fancy bobsleigh, say Jamaica

Usain Bolt may have swept all before him in track and field - but he probably couldn't cut it in a bobsleigh, Jamaica said at the Pyeongchang Winter Olympics. The lanky superstar dominated sprinting for three straight Summer Olympics, claiming a 'triple-t
Published 11 Feb, 2018 12:00am
South Korea probes cyber shutdown during ceremony

South Korea probes cyber shutdown during ceremony

South Korea on Saturday investigated a mysterious internet shutdown during the Winter Olympics opening ceremony, which follows warnings of possible cyberattacks during the Pyeongchang Games. Internal internet and wifi systems crashed at about 7:15 pm (101
Published 11 Feb, 2018 12:00am
City School win Directorate of Sports Inter-School Games

City School win Directorate of Sports Inter-School Games

City School clinched the overall trophy after securing 96 points in the Directorate of Sports Inter-School Games which concluded here at Hayatabad Sports Complex on Saturday. Former International athlete Muhammad Shah, Director National Book Foundation Mu
Published 11 Feb, 2018 12:00am
Preparation time for Pak-West Indies T20 series in Lahore

Preparation time for Pak-West Indies T20 series in Lahore

Preparations for a three-match T20I series between Pakistan and West Indies by the end of March in Lahore have been started. The West Indies' tour of Pakistan was originally scheduled for November last year but a thick blanket of smog in Lahore and the co
Published 11 Feb, 2018 12:00am
HBL PSL opening ceremony artists unveiled

HBL PSL opening ceremony artists unveiled

The HBL Pakistan Super League (PSL) season three is set to enthrall cricket fans across the world. For the third year in succession, the tournament would be launched through a glittering opening ceremony on February 22 at the Dubai International Stadium (
Published 11 Feb, 2018 12:00am
Serena ready for comeback

Serena ready for comeback

Serena Williams has spoken out about the "ups and downs" she faced during her year away from competitive tennis but insists she's now focused and ready for her quest to once more dominate her sport. Speaking ahead of her comeback at the Fed Cup in Ashevil
Published 11 Feb, 2018 12:00am
Sri Lanka thrash Bangladesh

Sri Lanka thrash Bangladesh

Off-spinner Akila Dananjaya claimed five wickets in an innings on debut as Sri Lanka beat Bangladesh by 215 runs in the second Test to win the two-Test series 1-0 in Dhaka on Saturday. Set a target of 339 runs, a collapse-prone Bangladesh were all out for
Published 11 Feb, 2018 12:00am
Australia hammer England by seven wickets in T20 win

Australia hammer England by seven wickets in T20 win

Australia cruised to a seven-wicket victory over England with more than five overs to spare to remain unbeaten after three games in the triangular Twenty20 series in Melbourne on Saturday. The Australians restricted England to 137 for seven off their 20 o
Published 11 Feb, 2018 12:00am
Kane returns to haunt Arsenal as Spurs soar to third

Kane returns to haunt Arsenal as Spurs soar to third

Harry Kane did the North London derby damage to Arsenal once more as the Tottenham Hotspur striker's seventh goal in as many games against the Gunners secured a thoroughly deserved 1-0 win for Spurs on Saturday. Kane towered above the Arsenal defence to h
Published 11 Feb, 2018 12:00am
USDA lowers US corn stocks view as exports rise

USDA lowers US corn stocks view as exports rise

Surging export demand for US corn will cut into domestic stockpiles of the grain by more than expected, the US Agriculture Department said on Thursday. But US soyabean stocks were forecast to rise as a bumper harvest in Brazil will allow overseas buyers t
Published 11 Feb, 2018 12:00am
USDA ups domestic sugar stocks-to-use ratio, sees record output

USDA ups domestic sugar stocks-to-use ratio, sees record output

The US Department of Agriculture (USDA) on Thursday slightly raised its forecast for a closely watched sugar supply indicator as higher beginning stocks and lower demand offset reduced production expectations for the current crop year. The stocks-to-use r
Published 11 Feb, 2018 12:00am
World coffee supply seen moving to surplus on record Brazil crop

World coffee supply seen moving to surplus on record Brazil crop

Global coffee supplies will shift to a surplus in 2018-19 with top grower Brazil on track to harvest a record crop, but prices will rise modestly by the end of the year as countries restock inventories, a Reuters poll of 14 traders and analysts showed.
Published 11 Feb, 2018 12:00am
EU well placed to compete in oversupplied sugar market

EU well placed to compete in oversupplied sugar market

The European Union is well place to remain a net sugar exporter over the medium term as its production costs are more competitive than rivals such as Russia and Pakistan, major French producer Tereos said on Monday. The EU this season became a net exporte
Published 11 Feb, 2018 12:00am
Global miners join forces to challenge new Congo code

Global miners join forces to challenge new Congo code

International mining companies operating in Democratic Republic of Congo are mounting a coordinated campaign against a new mining code they say will stifle investment there, Randgold's chief executive told Reuters. Mark Bristow said he expects the DRC gov
Published 11 Feb, 2018 12:00am
China copper imports fall, but scrap crackdown cushions drop
Exchange

China copper imports fall, but scrap crackdown cushions drop

China's unwrought copper imports fell for a second straight month in January as winter restrictions on the construction sector and high domestic production rates continued to crimp demand for metal from overseas. Last month's imports of unwrought copper,
Published 11 Feb, 2018 12:00am
Brazil slashes corn crop projection; raises soya slightly
Cotton

Brazil slashes corn crop projection; raises soya slightly

The Brazilian government on Thursday slashed its projection for corn production from the 2017/18 crop citing adverse weather conditions in the south and an expected reduction of planted area for the second corn crop. Conab, the country's food supply and a
Published 11 Feb, 2018 12:00am
Singapore's Olam to open US cocoa powder plant in Chicago area

Singapore's Olam to open US cocoa powder plant in Chicago area

Global commodities trader Olam International Ltd is building a cocoa powder manufacturing facility outside Chicago, according to a company spokesman and a local official. The plant marks the latest step in the transformation of the large Singapore-based c
Published 11 Feb, 2018 12:00am
Funds execute third-largest buy on record in CBOT market

Funds execute third-largest buy on record in CBOT market

Combine worsening droughts in Argentina and the United States, the weakest dollar in more than three years and a massive speculative short position in the Chicago grains market, and a substantial round of short-covering is the inevitable result.
Published 11 Feb, 2018 12:00am
Bullish bets on most Asian currencies drop
Currency

Bullish bets on most Asian currencies drop

Investors trimmed their long positions in most emerging Asian currencies in the last two weeks, a Reuters poll showed, as rising Treasury yields helped the dollar rebound from a three-year low touched in late January. There has been a steady climb in US y
Published 11 Feb, 2018 12:00am
Virtual currencies need firm global regulation: ECB's Mersch
Currency

Virtual currencies need firm global regulation: ECB's Mersch

Cryptocurrencies like bitcoin and the banks and financial firms that trade them need to be more closely regulated, one of the ECB's top policymakers said on Thursday. Officials from the world's top economies are set to discuss the impact of digital curren
Published 11 Feb, 2018 12:00am
Canadian dollar rises
Currency

Canadian dollar rises

The Canadian dollar edged higher against its US counterpart on Friday, rebounding from an earlier six-week low, as gains for US stocks offset the biggest decline in domestic jobs in nine years. At 4 pm EST (2100 GMT), the Canadian dollar was trading 0.1 p
Published 11 Feb, 2018 12:00am
Dollar posts best week in 15 months amid market turmoil
Exchange

Dollar posts best week in 15 months amid market turmoil

The dollar rose on Friday for its strongest week against a basket of currencies in nearly 15 months as some traders piled into the greenback in a week of tremendous swings felt in stock and bond markets around the world.
Published 11 Feb, 2018 12:00am
China urges Cambodia to use yuan in bilateral trade
Currency

China urges Cambodia to use yuan in bilateral trade

Cambodia is considering a proposal by China to use the yuan currency instead of the US dollar for bilateral trade, a spokesman for Cambodia's commerce ministry said on Tuesday, the latest sign of strengthening ties between the two countries.
Published 11 Feb, 2018 12:00am
Speculators reduce short US dollar bets
Currency

Speculators reduce short US dollar bets

Speculators' net short US dollar bets declined for the first time in six weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position, derived from net holdings of
Published 11 Feb, 2018 12:00am
Kazakh tenge may weaken by year-end
Currency

Kazakh tenge may weaken by year-end

Traders and analysts expect the Kazakh tenge to strengthen against the dollar this month, but are bearish on the Central Asian nation's currency in the longer run, according to a Reuters poll. In the poll carried out from February 1 to February 5, five ou
Published 11 Feb, 2018 12:00am
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