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Archive - 2018-03-25
SKMCH&RC treats TB patients through US-certified senior doctors

SKMCH&RC treats TB patients through US-certified senior doctors

Shaukat Khanum Memorial Cancer Hospital and research Centre (SKMCH&RC) held a press briefing on World TB Day where Dr Yasser Hussain, MBBS, MD &FACP Consultant, Critical Care Medicine & Infectious Diseases, told reporters that SKMCH&RC has a dedicated inf
Published 25 Mar, 2018 12:00am
'Fine imposed by SC on Aitzaz paid by CJP's son as sadqah'

'Fine imposed by SC on Aitzaz paid by CJP's son as sadqah'

Chief Justice of Pakistan Mian Saqib Nisar informed renowned lawyer Aitzaz Ahsan on Saturday that the fine imposed on him by the Supreme Court for failing to appear in formula milk case has been paid by the CJP's son.
Published 25 Mar, 2018 12:00am
PPP Punjab's arrangements for ZAB's death anniversary

PPP Punjab's arrangements for ZAB's death anniversary

President Pakistan Peoples Party Punjab Qamar Zaman Kaira has instructed all the divisional and district organisations to ensure maximum participation in April 4 death anniversary of Zulfiqar Ali Bhutto.
Published 25 Mar, 2018 12:00am
Flagship Millennium Campus records remarkable scholarships

Flagship Millennium Campus records remarkable scholarships

Flagship Millennium Campus I-9/3, Islamabad has recorded remarkable scholarships from top ranked renowned universities from around the globe as the university acceptances for undergraduate fall session 2018-19 has begun, says a press release issued here o
Published 25 Mar, 2018 12:00am
PML-N wants Nisar to leave party: Khurshid

PML-N wants Nisar to leave party: Khurshid

Opposition Leader in National Assembly Khurshid Shah on Saturday claimed that Pakistan Muslim League-Nawaz (PML-N) wants former Interior Minister Chaudhry Nisar to leave the party by himself.
Published 25 Mar, 2018 12:00am
TPL Life Insurance launches innovative product 'TPL OPD Sahulat'

TPL Life Insurance launches innovative product 'TPL OPD Sahulat'

TPL Life Insurance has launched the first of its kind Digital out Patient health insurance solution - 'TPL OPD Sahulat' enabling its consumers to access Out Patient Medical Services via a digitally enabled cashless process through TPL Life's Website.
Published 25 Mar, 2018 12:00am
Mashal murder case: accused sent on judicial remand

Mashal murder case: accused sent on judicial remand

The Senior Civil Judge Mardan on Saturday sent Sabir Mayar, the accused in the Mashal Khan murder case, on judicial remand to Mardan central prison after he denied involvement in the crime, police said.
Published 25 Mar, 2018 12:00am
Parvez accuses Shahbaz of embezzling Rs 12 billion

Parvez accuses Shahbaz of embezzling Rs 12 billion

Pakistan Muslim League-Q (PML-Q) senior leader Chaudhry Parvez Elahi has claimed that the Auditor General of Pakistan (AGP) has exposed another Rs 12 billion embezzlement of Shahbaz Sharif.
Published 25 Mar, 2018 12:00am
China's refined copper imports to fall 7.5 percent

China's refined copper imports to fall 7.5 percent

China's refined copper imports will fall for the third straight year in 2018 as domestic production picks up and consumption slows amid weaker demand from the real estate sector, an influential research house said on Thursday. Antaike, research arm of the
Published 25 Mar, 2018 12:00am
India drops plan to raise wheat import tax, indicating output deficit

India drops plan to raise wheat import tax, indicating output deficit

India has dropped a plan to double a wheat import tax to 40 percent, two government sources said, in a sign it expects imports to make up for a shortfall in domestic production for the third year in a row. As late as a few weeks ago, the food, trade and f
Published 25 Mar, 2018 12:00am
Ghana abandons plan to cut cocoa farmers' prices

Ghana abandons plan to cut cocoa farmers' prices

Ghana's government has called off plans to cut how much it pays cocoa farmers and will look at other ways to address volatile market prices, Senior Minister Yaw Osafo-Maafo said on Tuesday. In January, the world's second largest cocoa grower said it would
Published 25 Mar, 2018 12:00am
Global grain stocks to fall in 2018-19

Global grain stocks to fall in 2018-19

The International Grains Council (IGC) on Thursday forecast that global grain stocks would fall in 2018/19, with the bulk of the decline seen in corn (maize). "Initial projections for grains supply and demand in 2018/19 indicate a tighter outlook," the in
Published 25 Mar, 2018 12:00am
Iraq's Grain Board sets local wheat purchase prices for 2018 season

Iraq's Grain Board sets local wheat purchase prices for 2018 season

Iraq's Grain Board will pay the country's farmers 420,000-560,000 Iraqi dinars ($354-$472) per tonne of local wheat during the 2018 harvest, unchanged from last year, the state buyer said on Tuesday. Setting three grades for the local wheat harvest, the G
Published 25 Mar, 2018 12:00am
Monsanto backs new company focused on gene editing, not GMOs
Cotton

Monsanto backs new company focused on gene editing, not GMOs

Monsanto Co will fund a new US company that aims to develop crops using technology known as gene editing, rather than the genetic modification that helped it become the world's biggest seed seller. Monsanto's vice president of global biotechnology, Tom Ad
Published 25 Mar, 2018 12:00am
Good weather bolsters chance of large grain crop in Russia, Ukraine

Good weather bolsters chance of large grain crop in Russia, Ukraine

Favourable weather ahead of spring grain sowing in Black Sea producers Russia and Ukraine is bolstering the chances of another large harvest due to good levels of soil moisture, analysts and industry officials said. Active spring grain sowing in Russia an
Published 25 Mar, 2018 12:00am
Soya traders breathe a little easier but watching China, US trade spat

Soya traders breathe a little easier but watching China, US trade spat

The ongoing trade tiff between the United States and China has recently caused concern in the soyabean market that the U.S-imposed tariffs could jeopardize the country's top agricultural trade item with China. But the initial response from China should br
Published 25 Mar, 2018 12:00am
Syrian rebels begin evacuation of penultimate Ghouta pocket

Syrian rebels begin evacuation of penultimate Ghouta pocket

Syrian rebels and civilians started evacuating the penultimate opposition-held pocket of Eastern Ghouta on Saturday, as the government moved ever closer to taking full control of the battered enclave. Eastern Ghouta was the opposition's final stronghold o
Published 25 Mar, 2018 12:00am
Thriller writer Philip Kerr dies

Thriller writer Philip Kerr dies

Scottish author Philip Kerr, the creator of the Nazi-era thrillers featuring detective Bernie Gunther, has died at the age of 62, his wife and publisher have announced. Kerr, who also wrote the best-selling young adults series "Children of the Lamp" under
Published 25 Mar, 2018 12:00am
Macron expresses 'concern' over Turkish offensive in Afrin
Exchange

Macron expresses 'concern' over Turkish offensive in Afrin

French President Emmanuel Macron on Saturday expressed "concern" over Turkey's military offensive in Afrin in Syria, telling Turkish President Recep Tayyip Erdogan it was vital that humanitarian aid be allowed to reach the area. In a statement released by
Published 25 Mar, 2018 12:00am
Rap mogul Simmons hit with another rape suit

Rap mogul Simmons hit with another rape suit

Hip-hop magnate Russell Simmons was slapped Friday with a $10-million rape lawsuit filed by a woman in Los Angeles, the latest in a string of accusations against him ranging from harassment to rape. The unidentified woman said in the complaint filed in th
Published 25 Mar, 2018 12:00am
Juncker backs top aide in EU promotion row

Juncker backs top aide in EU promotion row

European Commission President Jean-Claude Juncker insisted on Friday that his top aide "will not step down" despite a spiralling promotion scandal. The leaders of France and Germany also said they "appreciated" the work of Juncker's former chief of staff
Published 25 Mar, 2018 12:00am
Bombing kills two policemen in Alexandria

Bombing kills two policemen in Alexandria

Two policemen were killed in a car bomb attack Saturday targeting the security chief of Egypt's Alexandria, officials said, two days before the start of the country's presidential election. The bomb, which exploded near a convoy transporting General Mosta
Published 25 Mar, 2018 12:00am
Egypt scraps Mubarak ruling over telecoms shutdown

Egypt scraps Mubarak ruling over telecoms shutdown

An Egyptian court on Saturday scrapped a ruling to fine ousted president Hosni Mubarak and two top aides for a telecommunications shutdown during the 2011 uprising, a judicial source said. In the first days of the revolt that unseated Mubarak, authorities
Published 25 Mar, 2018 12:00am
Thousands of Croatians protest treaty to protect women

Thousands of Croatians protest treaty to protect women

Several thousand people marched through the Croatian capital on Saturday in protest against a European treaty designed to protect women. The demonstration gathered up to 10,000 people according to journalists' estimates and was held two days after conserv
Published 25 Mar, 2018 12:00am
South Africa let me down, says ousted Mugabe

South Africa let me down, says ousted Mugabe

Former Zimbabwean president Robert Mugabe says South Africa should have sent troops instead of a team of negotiators to prevent his ouster by the military last year. Mugabe said his regional neighbours betrayed him "in a sense", in an interview with the p
Published 25 Mar, 2018 12:00am
Human Rights Watch 'biased' and 'untruthful': Singapore

Human Rights Watch 'biased' and 'untruthful': Singapore

Singapore on Friday slammed Human Rights Watch for a "pattern of issuing biased and untruthful statements" about the city-state as the government mulled new laws to fight fake news. The Ministry of Law zeroed in on a report by the New York-based HRW last
Published 25 Mar, 2018 12:00am
6.3-magnitude quake hits Papua New Guinea

6.3-magnitude quake hits Papua New Guinea

A powerful 6.3-magnitude earthquake struck the island of New Britain in Papua New Guinea on Saturday, US seismologists said, but there was no tsunami warning or immediate reports of damage. The quake struck at 9:23pm local time (1123 GMT) at a depth of 67
Published 25 Mar, 2018 12:00am
North Korea agrees to inter-Korean talks next week: Seoul

North Korea agrees to inter-Korean talks next week: Seoul

North Korea on Saturday agreed to hold high-level talks with Seoul next week to discuss logistics for a rare inter-Korean summit, the South's Unification Ministry said, as a diplomatic thaw on the peninsula gathers pace. The two sides will each send a thr
Published 25 Mar, 2018 12:00am
Mali PM promises education, training for restive north

Mali PM promises education, training for restive north

Mali's Prime Minister Soumeylou Boubeye Maiga announced measures to address an education crisis in the restive north on Saturday on his first visit to the area. Maiga is charged with improving Mali's security situation but also raising living standards in
Published 25 Mar, 2018 12:00am
Breakthrough in Italy parliament as speakers chosen

Breakthrough in Italy parliament as speakers chosen

With Italy still in political deadlock following the general election earlier this month, the two parties battling it out to head a new government reached agreement Saturday on the respective positions of speaker for both the lower and upper houses of par
Published 25 Mar, 2018 12:00am
Puigdemont slips out of Finland despite arrest warrant: MP

Puigdemont slips out of Finland despite arrest warrant: MP

Catalonia's former president Carles Puigdemont on Saturday appeared to have foiled attempts by Finnish police to arrest him under a European arrest warrant as an MP said he had already left the country. Puigdemont, who lives in self-imposed exile in Belgi
Published 25 Mar, 2018 12:00am
Peru prosecutors raid homes of ex-president Kuczynski
Exchange

Peru prosecutors raid homes of ex-president Kuczynski

Authorities in Peru raided two houses owned by former president Pedro Pablo Kuczynski as part of a money laundering probe, the public prosecutor's office said on Saturday. Both homes are in Lima, the office announced on Twitter. Television images showed o
Published 25 Mar, 2018 12:00am
Trump scraps blanket transgender military ban, major restrictions remain

Trump scraps blanket transgender military ban, major restrictions remain

US President Donald Trump late Friday rolled back his blanket ban on transgender people serving in the military - but they will still face major restrictions in the American armed forces. Trump signed a memorandum in August that effectively barred transge
Published 25 Mar, 2018 12:00am
Pentagon looks to counter ever-stealthier warfare

Pentagon looks to counter ever-stealthier warfare

The US military has for years enjoyed a broad technological edge over its adversaries, dominating foes with superior communications and cyber capabilities. Now, thanks to rapid advances by Russia and China, the gap has shrunk, and the Pentagon is looking
Published 25 Mar, 2018 12:00am
Sport pays price of frosty Serbia-Kosovo ties

Sport pays price of frosty Serbia-Kosovo ties

Sport is paying the price of tense ties between former foes Serbia and Kosovo after a historic handball match was cancelled and doubts were cast over a judo event. The women's under-20 handball World Cup qualification tournament match would have been the
Published 25 Mar, 2018 12:00am
Sierra Leone court issue delay order for presidential run-off

Sierra Leone court issue delay order for presidential run-off

Sierra Leone's High Court issued an order to halt Tuesday's presidential run-off until it resolves a legal dispute filed by a lawyer linked to the ruling party. Tensions are high ahead of the vote with a campaign marked by violent attacks and intimidation
Published 25 Mar, 2018 12:00am
Bancroft, Smith admit ball-tampering

Bancroft, Smith admit ball-tampering

Australia's Cameron Bancroft and captain Steve Smith admitted to ball-tampering during the third Test against South Africa on Saturday, sending shockwaves through cricket. Bancroft was caught on television cameras appearing to rub a yellow object on the b
Published 25 Mar, 2018 12:00am
Rain frustrates high-flying New Zealand in first England Test

Rain frustrates high-flying New Zealand in first England Test

Despite New Zealand's blitz start to the first Test against England, rain threatened to deny them any reward with only 17 balls bowled on day three in Auckland on Saturday. It left players frustrated after the home side looked to be in total control at th
Published 25 Mar, 2018 12:00am
South Africa stretch lead

South Africa stretch lead

Aiden Markram and AB de Villiers batted South Africa into a strong position, leaving South Africa at 238 for five in their second innings during Saturday's play in the third Test against South Africa when bad light ended play, an overall lead of 294. The
Published 25 Mar, 2018 12:00am
Ronaldo's last-gasp two-goal show steals Salah limelight
Exchange

Ronaldo's last-gasp two-goal show steals Salah limelight

Cristiano Ronaldo hit two goals in stoppage time as European champions Portugal defeated Egypt 2-1 in a friendly international on Friday, winning his personal duel with Mohamed Salah who had put the seven-time African champions ahead. Ronaldo, appearing i
Published 25 Mar, 2018 12:00am
Messi isn't missed as Argentina down Italy

Messi isn't missed as Argentina down Italy

Ever Banega ensured Argentina weren't derailed by Lionel Messi's absence as the World Cup contenders clinched a 2-0 win over Italy in Friday's friendly at the Etihad Stadium. Messi reportedly suffered an groin strain in training on Thursday, so the Barcel
Published 25 Mar, 2018 12:00am
Dejected Djokovic looks for answers after Miami Open defeat

Dejected Djokovic looks for answers after Miami Open defeat

Six-time champion Novak Djokovic "ran out of gas" in a straight sets loss to Benoit Paire, while the red-hot Juan Martin Del Potro won his opening match at the ATP Miami Masters on Friday. It was another setback for the Serbian star Djokovic as he bids to
Published 25 Mar, 2018 12:00am
Pakistan move into Asian Squash Team Championship final

Pakistan move into Asian Squash Team Championship final

Spirited Pakistan team shocked Malaysia in straight sets in the semi-final and moved to the final of the Asian Team Squash Championship being played at Cheongju, South Korea. According to a details issued by the Pakistan Squash Federation, Pakistan entere
Published 25 Mar, 2018 12:00am
Wozniacki, Osaka crash out of WTA Miami Open
Kerb

Wozniacki, Osaka crash out of WTA Miami Open

World No. 2 Caroline Wozniacki and rising star Naomi Osaka became early round casualties while veteran Venus Williams survived a scare to book her third round spot at the Miami Open on Friday. Wozniacki slumped to a shock 0-6, 6-4, 6-4 defeat to Monica Pu
Published 25 Mar, 2018 12:00am
Bullish bets trimmed on most Asia FX
Currency

Bullish bets trimmed on most Asia FX

Investors increased their bearish bets on the Indian rupee to the highest since 2016, while trimming their long positions in other Asian currencies over the past two weeks, a Reuters poll showed, on a firmer dollar and fears of a global trade war. The dol
Published 25 Mar, 2018 12:00am
Speculators' net short dollar bets at highest in over a year
Currency

Speculators' net short dollar bets at highest in over a year

Speculators' net short dollar bets rose to the highest in more than a year, in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar positions, derived fro
Published 25 Mar, 2018 12:00am
Hong Kong dollar weakens to fresh 33-year low
Currency

Hong Kong dollar weakens to fresh 33-year low

The Hong Kong dollar fell to a new 33-year low on Thursday, inching closer to the lower end of the monetary authority's targeted trading band, as the interest rate gap between US dollar rates and its Hong Kong counterparts widened further. The former Brit
Published 25 Mar, 2018 12:00am
Coinfloor to launch physically settled bitcoin futures
Exchange

Coinfloor to launch physically settled bitcoin futures

Cryptocurrency exchange operator Coinfloor said on Wednesday it will launch a futures exchange for digital assets that will include the first physically delivered bitcoin futures contracts next month. The new London-based trading platform, known as Coinfl
Published 25 Mar, 2018 12:00am
Dollar near one-month low on trade war worries
Currency

Dollar near one-month low on trade war worries

The US dollar hovered near a one-month low against a basket of major currencies on Friday and was on course for its biggest weekly drop in five as investors worried that escalating trade tensions could hurt global growth. The dollar index, which measures
Published 25 Mar, 2018 12:00am
Canadian dollar rallies
Currency

Canadian dollar rallies

The Canadian dollar strengthened to an 11-day high against the greenback on Friday as oil prices rose and hotter-than-expected domestic inflation data raised prospects of a further Bank of Canada interest rate hike as soon as next month. The annual inflat
Published 25 Mar, 2018 12:00am
South Africa rand to hold most gains
Currency

South Africa rand to hold most gains

South Africa's rand is seen holding on to more than half the gains it has made since Deputy President Cyril Ramaphosa became the ruling African National Congress leader in December, provided he succeeds President Jacob Zuma in governing the country soon.
Published 25 Mar, 2018 12:00am
First direct Australia-Europe passenger service takes off

First direct Australia-Europe passenger service takes off

The "Kangaroo Route" from Australia to Britain became a shorter hop Saturday when the first direct passenger service left Perth for London, with the 17-hour flight set to break aviation records.
Published 25 Mar, 2018 12:00am
New Zealand central bank leaves rates on hold

New Zealand central bank leaves rates on hold

New Zealand's central bank left the official cash rate at a record low of 1.75 percent on Thursday, saying modest interest rates would help spur economic growth.
Published 25 Mar, 2018 12:00am
Apple's Tim Cook calls for calm heads on China, US trade

Apple's Tim Cook calls for calm heads on China, US trade

Apple Inc's Chief Executive Tim Cook on Saturday called for "calm heads" and more open trade, amid rising fears of a trade war between the United States and China. Trade tension between China and the United States flared this week when President Donald Tr
Published 25 Mar, 2018 12:00am
Mexico oil reserves dip again as private firms begin to contribute

Mexico oil reserves dip again as private firms begin to contribute

Proven oil and gas reserves in Mexico fell again this year as new discoveries failed to keep pace with ongoing production, but officials pointed to the first-ever reserves contributed by private companies operating their own blocks as silver lining.
Published 25 Mar, 2018 12:00am
Siemens and Alstom couple train units

Siemens and Alstom couple train units

The maker of France's iconic TGV trains Alstom and German industrial leader Siemens signed on Friday an agreement on creating a global leader in the rail industry. The Business Combination Agreement (BCA) sets the terms of combining Alstom with Siemens' m
Published 25 Mar, 2018 12:00am
Naspers cashes in $10 billion Tencent stake

Naspers cashes in $10 billion Tencent stake

South African internet and entertainment group Naspers on Friday raised $9.8 billion (7.8 billion euros) selling two percent of its hugely-profitable stake in Chinese technology giant Tencent.
Published 25 Mar, 2018 12:00am
Eurozone integration must combine ambition with pragmatism: Centeno

Eurozone integration must combine ambition with pragmatism: Centeno

Plans for deeper eurozone integration need to marry ambition with pragmatism to progress on controversial ideas like a euro zone budget or limiting banks' exposure to a single sovereign borrower, the chairman of euro zone finance ministers Mario Centeno s
Published 25 Mar, 2018 12:00am
Goldman Sachs no longer one of top three commodities banks

Goldman Sachs no longer one of top three commodities banks

Goldman Sachs lost its place among the top three earners of commodities-related revenue in 2017, falling below rivals JPMorgan, Morgan Stanley and Citibank for the first time, data from analytics firm Coalition showed.
Published 25 Mar, 2018 12:00am
Goldman Sachs no longer one of top three commodities banks

Goldman Sachs no longer one of top three commodities banks

Goldman Sachs lost its place among the top three earners of commodities-related revenue in 2017, falling below rivals JPMorgan, Morgan Stanley and Citibank for the first time, data from analytics firm Coalition showed.
Published 25 Mar, 2018 12:00am
Berlin relaxes AirBnB restrictions

Berlin relaxes AirBnB restrictions

Authorities in the German capital Berlin decided Thursday to soften one of Europe's strictest regimes for short-term rental firms such as Airbnb, allowing private individuals to rent out their main home without time limitations. The new rule will come int
Published 25 Mar, 2018 12:00am
Berlin relaxes AirBnB restrictions

Berlin relaxes AirBnB restrictions

Authorities in the German capital Berlin decided Thursday to soften one of Europe's strictest regimes for short-term rental firms such as Airbnb, allowing private individuals to rent out their main home without time limitations. The new rule will come int
Published 25 Mar, 2018 12:00am
Telecom Italia board hangs up, dials battle for control

Telecom Italia board hangs up, dials battle for control

Eight members of Telecom Italia's board of directors resigned on Thursday, triggering a re-election of the entire board as an activist investor fund has challenged the control over the company by France's Vivendi.
Published 25 Mar, 2018 12:00am
Basel tweak gives global banks another helping hand

Basel tweak gives global banks another helping hand

Stockholm syndrome describes the paradoxical feelings of fondness victims may have for their abusers. Global banks, which have been whipped into holding more capital over the past decade, finally have some cause for affection towards regulators. Proposed
Published 25 Mar, 2018 12:00am
Barrick Gold cuts 2017 compensation for top two executives

Barrick Gold cuts 2017 compensation for top two executives

Barrick Gold Corp, the world's largest producer of bullion, cut the 2017 compensation for its top two executives to reflect a challenging "shareholder experience" and operations at some mines. Shares in the Canadian miner declined 15 percent last year, ev
Published 25 Mar, 2018 12:00am
River-sharing deals mean water war 'is a myth', says global water body

River-sharing deals mean water war 'is a myth', says global water body

Agreements between countries that share the same river have helped to avoid about 1,800 conflicts in the past 50 years, the World Water Council (WWC) said. The accords were designed to ensure that what happens upstream does not harm countries downstream,
Published 25 Mar, 2018 12:00am
EU faces biodiesel import surge after anti-dumping duty ends

EU faces biodiesel import surge after anti-dumping duty ends

The European Union's removal of duties on low-price biodiesel from Argentina and Indonesia could mean a surge in EU imports forcing European producers to cut production in coming months, the head of a major German biodiesel producer said on Friday. "I fea
Published 25 Mar, 2018 12:00am
Aussie cowboys join Sydney rally against coal and gas mining

Aussie cowboys join Sydney rally against coal and gas mining

Thousands of Australians including farmers on horseback rallied in the heart of Sydney on Saturday, calling on authorities to ditch coal and gas mining developments in rural regions in favour of renewable energy projects.
Published 25 Mar, 2018 12:00am
Greek shipping tycoon denies drugs charges

Greek shipping tycoon denies drugs charges

Greek shipping tycoon and the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, Vangelis Marinakis, denied any links to drug trafficking on Saturday, a day after a Greek prosecutor brought preliminary charges against him. The prosecutor char
Published 25 Mar, 2018 12:00am
Wall Street nosedives as investors flee on trade war fears
Exchange

Wall Street nosedives as investors flee on trade war fears

Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential US trade war with China, shied away from risk ahead of the weekend and sought shelter from further losses. In a
Published 25 Mar, 2018 12:00am
TSX hits five-week low
Exchange

TSX hits five-week low

Canada's main stock index fell to a five-week low on Friday, led by declines for financial and industrial shares, as domestic data showed hotter-than-expected inflation and fears of a global trade war gripped investors. Canada's annual inflation rate in F
Published 25 Mar, 2018 12:00am
South Africa plans to tap 'conducive' bond markets shortly

South Africa plans to tap 'conducive' bond markets shortly

South Africa plans to use the current optimism around the political changes in the country to tap international bond markets for up to $3 billion "shortly", the country's Treasury said on Tuesday. Tshepiso Moahloli, chief director of liability management
Published 25 Mar, 2018 12:00am
South Africa plans to tap 'conducive' bond markets shortly

South Africa plans to tap 'conducive' bond markets shortly

South Africa plans to use the current optimism around the political changes in the country to tap international bond markets for up to $3 billion "shortly", the country's Treasury said on Tuesday. Tshepiso Moahloli, chief director of liability management
Published 25 Mar, 2018 12:00am
India's Bharat Dynamics $148 million IPO subscribed 1.3 times
Exchange

India's Bharat Dynamics $148 million IPO subscribed 1.3 times

State-run Bharat Dynamics Ltd's initial public offering (IPO) of shares to raise up to 9.6 billion rupees ($147.9 million) was subscribed 1.3 times on the last day of the sale on Thursday. Investors bid for 29.2 million shares against the 22.5 million sha
Published 25 Mar, 2018 12:00am
India's Bharat Dynamics $148 million IPO subscribed 1.3 times
Exchange

India's Bharat Dynamics $148 million IPO subscribed 1.3 times

State-run Bharat Dynamics Ltd's initial public offering (IPO) of shares to raise up to 9.6 billion rupees ($147.9 million) was subscribed 1.3 times on the last day of the sale on Thursday. Investors bid for 29.2 million shares against the 22.5 million sha
Published 25 Mar, 2018 12:00am
Treasury outlook: bonds choppy as trade war fears dominate

Treasury outlook: bonds choppy as trade war fears dominate

US Treasury yields rose from six-week lows on Friday in choppy trading as concerns about a global trade war after President Donald Trump announced tariffs on Chinese goods kept investors on edge. China urged the United States on Friday to "pull back from
Published 25 Mar, 2018 12:00am
Treasury outlook: bonds choppy as trade war fears dominate

Treasury outlook: bonds choppy as trade war fears dominate

US Treasury yields rose from six-week lows on Friday in choppy trading as concerns about a global trade war after President Donald Trump announced tariffs on Chinese goods kept investors on edge. China urged the United States on Friday to "pull back from
Published 25 Mar, 2018 12:00am
Dutch IPOs overshadowed by market sell-off
Exchange

Dutch IPOs overshadowed by market sell-off

The sell-off in world equity markets soured the mood around two new listings on the Amsterdam bourse on Friday, with shares in Dutch bank NIBC and wholesaler B&S Group losing ground after lukewarm pre-listing demand. NIBC fell 6 percent to 8.25 euros ($10
Published 25 Mar, 2018 12:00am
Dutch IPOs overshadowed by market sell-off
Exchange

Dutch IPOs overshadowed by market sell-off

The sell-off in world equity markets soured the mood around two new listings on the Amsterdam bourse on Friday, with shares in Dutch bank NIBC and wholesaler B&S Group losing ground after lukewarm pre-listing demand. NIBC fell 6 percent to 8.25 euros ($10
Published 25 Mar, 2018 12:00am
China bonds to join Bloomberg Barclays Global Aggregate Index
Currency

China bonds to join Bloomberg Barclays Global Aggregate Index

The Bloomberg Barclays Global Aggregate Index will include Chinese yuan-denominated government and policy bank securities starting next year, Bloomberg said in a statement on Friday. The addition of the securities will follow operational enhancements to b
Published 25 Mar, 2018 12:00am
China bonds to join Bloomberg Barclays Global Aggregate Index
Currency

China bonds to join Bloomberg Barclays Global Aggregate Index

The Bloomberg Barclays Global Aggregate Index will include Chinese yuan-denominated government and policy bank securities starting next year, Bloomberg said in a statement on Friday. The addition of the securities will follow operational enhancements to b
Published 25 Mar, 2018 12:00am
Long-only Japanese investors scoop up Japan shares

Long-only Japanese investors scoop up Japan shares

Japanese retail investors bought about 1 trillion yen ($9.37 billion) of domestic stocks over the past six weeks as they saw bargain hunting opportunities after the recent sharp slide, helping to put a rough floor under the market. Buying by Japanese reta
Published 25 Mar, 2018 12:00am
Euronext wheat edges higher with Chicago

Euronext wheat edges higher with Chicago

Euronext wheat edged higher on Thursday in step with Chicago as futures on both sides of the Atlantic steadied following one-month lows linked to the return of rain in parched US crop belts. May milling wheat on Euronext closed 0.75 euro, or 0.5 percent,
Published 25 Mar, 2018 12:00am
India scraps sugar export tax to boost overseas sales

India scraps sugar export tax to boost overseas sales

India has scrapped a 20 percent sugar export tax, a government source said on Tuesday, to help boost overseas sales in a year of surplus production. Last week Reuters reported that India, the world's biggest consumer of sugar, would axe the export tax and
Published 25 Mar, 2018 12:00am
CBOT corn futures rise on technical buying
Exchange

CBOT corn futures rise on technical buying

Chicago Board of Trade corn futures ended higher on Thursday on technically driven buying as the May contract held above chart support at its 50-day moving average for a third straight session, traders said. CBOT May corn settled up 1 cent at $3.76 per bu
Published 25 Mar, 2018 12:00am
Tunisia tenders to buy wheat, barley

Tunisia tenders to buy wheat, barley

Tunisia tenders to buy 50,000 tonnes durum wheat, 67,000 tonnes soft wheat, 25,000 tonnes feed barley traders said. The tender closes on March 23. The grains can be sourced from optional origins. The durum was sought in two 25,000 tonne consignments for s
Published 25 Mar, 2018 12:00am
Chinese steel futures drop on weak demand
Exchange

Chinese steel futures drop on weak demand

Chinese steel futures dropped on Thursday amid worries over weak demand for the metal amid rebar inventories that have hit their highest in nearly five years. Steel demand typically improves from mid-March in China after a slowdown for the week-long Lunar
Published 25 Mar, 2018 12:00am
CBOT wheat futures rise on bargain buying

CBOT wheat futures rise on bargain buying

Chicago Board of Trade soft red winter wheat futures rose Thursday, following as K.C. hard red winter (HRW) wheat futures climbed on bargain buying after a selloff this week tied to rains in the US Plains crop belt, traders said. CBOT May wheat settled up
Published 25 Mar, 2018 12:00am
CBOT soyabean futures higher in technical moves
Exchange

CBOT soyabean futures higher in technical moves

Chicago Board of Trade soyabean futures settled steady to fractionally higher Thursday in technically driven trade, with worries about falling Argentina crop estimates helping to pare declines late in the session. CBOT May soyabeans settled unchanged at $
Published 25 Mar, 2018 12:00am
Brazil's sugarcane output likely to fall

Brazil's sugarcane output likely to fall

Brazil's sugarcane output is expected to fall this season as processors cut investments for renovating fields, the chief executive of privately owned energy company Raozen Energia SA, Luis Henrique Guimaroes, said on Monday. The company forecasts crushing
Published 25 Mar, 2018 12:00am
Argentina's 2017-18 soya output cut to 39.5 million tonnes
Exchange

Argentina's 2017-18 soya output cut to 39.5 million tonnes

Argentine farmers are expected to harvest 39.5 million tonnes of soya and 32 million tonnes of corn in the 2017-18 season the Buenos Aires grains exchange said on Thursday, down from prior estimates of 42 million and 34 million tonnes, respectively.
Published 25 Mar, 2018 12:00am
Palm oil lower on European vegoils market
Vegetable Oil

Palm oil lower on European vegoils market

Palm oil on the European vegetable oils market eased on Thursday after technical selling of CBOT soyaoil futures. Asking prices for palm oil were mostly between $2.50 and $5 a tonne lower after opening slightly higher on a stronger ringgit and mostly firm
Published 25 Mar, 2018 12:00am
China's ethanol output likely to rise

China's ethanol output likely to rise

China's ethanol output expected to increase by up to 500,000 tonnes in 2018, said Zhang Guogang, a strategy development manager with State Development & Investment Corporation (SDIC), speaking at an industry conference in Guangzhou on Thursday. State grai
Published 25 Mar, 2018 12:00am
South Korea buys corn and soyameal

South Korea buys corn and soyameal

South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) purchased some 68,000 tonnes of corn and 60,000 tonnes of soyameal in an international tender which closed on Thursday, European traders said. The corn was all bought at $216.72 c&f with an extra $
Published 25 Mar, 2018 12:00am
Forward buying seen on cotton market
Cotton

Forward buying seen on cotton market

Forward buying was witnessed on the cotton market on Saturday in the process of improved trading activity, dealers said. Official spot rate was unchanged at Rs 7600, they added. In both Sindh and Punjab seed cotton prices were at Rs 2800-3100, they said.
Published 25 Mar, 2018 12:00am
Rice export prices fall across most Asian hubs
Currency

Rice export prices fall across most Asian hubs

Rice export prices slipped this week across most Asian hubs, with easing demand weighing on rates in India, and a peaking harvest hurting Vietnamese rates, although inquiries from Bangladesh could trigger fresh activity. In India, rates of the 5 percent b
Published 25 Mar, 2018 12:00am
Asian naphtha higher on tighter supply

Asian naphtha higher on tighter supply

Asia's naphtha open-specification front-month price for first half-May was $9.75 a tonne higher versus that for first-half June, up from the previous session and making this the widest inter-month spread since January 10. Squeezed supplies were pushing up
Published 25 Mar, 2018 12:00am
Indonesian coffee trading rises, demand slows in Vietnam

Indonesian coffee trading rises, demand slows in Vietnam

An upcoming mini harvest boosted trading in Indonesia coffee but slowed down demand for the beans in regional rival Vietnam, traders said on Thursday. Indonesia coffee trading this week has been increasing and is expected to be even more robust next month
Published 25 Mar, 2018 12:00am
Russia's winter grain sowings remain well

Russia's winter grain sowings remain well

Russia's winter grain sowings have passed the winter well, with only 3 to 5 percent in poor condition, the head of weather forecaster Hydrometcentre said on Thursday, indicating the country is on track for large crop in 2018. One of the world's largest gr
Published 25 Mar, 2018 12:00am
Brazil's Bahia soya yields best in 30 years

Brazil's Bahia soya yields best in 30 years

Fazenda Eliane, a prominent privately owned farming group operating in the state of Bahia, is looking at the best soya crop yields of its 30-year history, the president of the company told Reuters. The expectation confirms Brazil is en route to harvesting
Published 25 Mar, 2018 12:00am
Canadian canola futures slip

Canadian canola futures slip

ICE Canadian canola futures slipped on Thursday, pressured by a drop in soyaoil prices and strength in the Canadian dollar. Canola's losses were modest considering that the soyaoil and dollar fluctuations weakened canola crush margins, a trader said. Cano
Published 25 Mar, 2018 12:00am
European gasoline margins gain sharply

European gasoline margins gain sharply

Gasoline refining margins gained sharply on Thursday after draws on inventories on both sides of the Atlantic. Total oil product stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp refining and storage hub rose by nearly 3 percent to 6.0
Published 25 Mar, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (March 24, 2018).

Published 25 Mar, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee managed to gain modestly versus the greenback on the money market on Saturday in the process of trading, experts said. The rupee posted modest gain of 10 paisas in relation to the dollar for buying and selling at Rs 114.20 and Rs 115.20 respecti
Published 25 Mar, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee managed to gain modestly versus the greenback on the money market on Saturday in the process of trading, experts said. The rupee posted modest gain of 10 paisas in relation to the dollar for buying and selling at Rs 114.20 and Rs 115.20 respecti
Published 25 Mar, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 24, 2018).

Published 25 Mar, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 24, 2018).

Published 25 Mar, 2018 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 24, 2018).

Published 25 Mar, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 24, 2018).

Published 25 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 24, 2018)

Published 25 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 24, 2018).

Published 25 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (March 24, 2018) and the forecast for Sunday (March 25, 2018).

Published 25 Mar, 2018 12:00am
Cricket fever peaks in Islamabad, Karachi

Cricket fever peaks in Islamabad, Karachi

Cricket fever has peaked in Islamabad and Karachi ahead of Pakistan Super League (PSL) and big screens have been installed in various parts of the two cities for live telecast of the event to be held today (Sunday) amid tight security arrangements. The st
Published 25 Mar, 2018 12:00am
Cricket fever peaks in Islamabad, Karachi

Cricket fever peaks in Islamabad, Karachi

Cricket fever has peaked in Islamabad and Karachi ahead of Pakistan Super League (PSL) and big screens have been installed in various parts of the two cities for live telecast of the event to be held today (Sunday) amid tight security arrangements. The st
Published 25 Mar, 2018 12:00am
PM says Panama Papers case caused instability in country

PM says Panama Papers case caused instability in country

Prime Minister Shahid Khaqan Abbasi Saturday said the PML-N always stood as guard for the democratic system like rock-solid political force, facing all conspiracies and Dharna-driven politics during the last five years and successfully delivered on all it
Published 25 Mar, 2018 12:00am
PM says Panama Papers case caused instability in country

PM says Panama Papers case caused instability in country

Prime Minister Shahid Khaqan Abbasi Saturday said the PML-N always stood as guard for the democratic system like rock-solid political force, facing all conspiracies and Dharna-driven politics during the last five years and successfully delivered on all it
Published 25 Mar, 2018 12:00am
Wi-Fi hot spots: PTA set to introduce mechanism

Wi-Fi hot spots: PTA set to introduce mechanism

Pakistan Telecommunication Authority (PTA) is all set to introduce a mechanism for registration, maintenance and retention of information of persons using data services through Wi-Fi hot spots at public places. As per Telecommunications Policy 2015, provi
Published 25 Mar, 2018 12:00am
Wi-Fi hot spots: PTA set to introduce mechanism

Wi-Fi hot spots: PTA set to introduce mechanism

Pakistan Telecommunication Authority (PTA) is all set to introduce a mechanism for registration, maintenance and retention of information of persons using data services through Wi-Fi hot spots at public places. As per Telecommunications Policy 2015, provi
Published 25 Mar, 2018 12:00am
Wi-Fi hot spots: PTA set to introduce mechanism

Wi-Fi hot spots: PTA set to introduce mechanism

Pakistan Telecommunication Authority (PTA) is all set to introduce a mechanism for registration, maintenance and retention of information of persons using data services through Wi-Fi hot spots at public places. As per Telecommunications Policy 2015, provi
Published 25 Mar, 2018 12:00am
China warns US it will defend own trade interests
Exchange

China warns US it will defend own trade interests

The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told US Treasury Secretary Steven Mnuchin in a telephone call on Saturday, Chinese state media reported.
Published 25 Mar, 2018 12:00am
China warns US it will defend own trade interests
Exchange

China warns US it will defend own trade interests

The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told US Treasury Secretary Steven Mnuchin in a telephone call on Saturday, Chinese state media reported.
Published 25 Mar, 2018 12:00am
China warns US it will defend own trade interests
Exchange

China warns US it will defend own trade interests

The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told US Treasury Secretary Steven Mnuchin in a telephone call on Saturday, Chinese state media reported.
Published 25 Mar, 2018 12:00am
Poisoned Russian spy 'sought pardon from Putin'

Poisoned Russian spy 'sought pardon from Putin'

Sergei Skripal, the former Russian spy poisoned in Britain, wrote to President Vladimir Putin several years ago asking for a pardon for selling secrets to British intelligence, a friend told the BBC on Saturday. Vladimir Timoshkov said his old school frie
Published 25 Mar, 2018 12:00am
Poisoned Russian spy 'sought pardon from Putin'

Poisoned Russian spy 'sought pardon from Putin'

Sergei Skripal, the former Russian spy poisoned in Britain, wrote to President Vladimir Putin several years ago asking for a pardon for selling secrets to British intelligence, a friend told the BBC on Saturday. Vladimir Timoshkov said his old school frie
Published 25 Mar, 2018 12:00am
Hero French policeman dies
Exchange

Hero French policeman dies

A French policeman who died after offering himself in exchange for a hostage in a supermarket siege was hailed a hero Saturday, as anti-terror investigators probed the most serious jihadist attack of Emmanuel Macron's presidency. Lieutenant-Colonel Arnaud
Published 25 Mar, 2018 12:00am
Hero French policeman dies
Exchange

Hero French policeman dies

A French policeman who died after offering himself in exchange for a hostage in a supermarket siege was hailed a hero Saturday, as anti-terror investigators probed the most serious jihadist attack of Emmanuel Macron's presidency. Lieutenant-Colonel Arnaud
Published 25 Mar, 2018 12:00am
Mattis wins big with budget victory

Mattis wins big with budget victory

Defense Secretary Jim Mattis, a battle-seasoned Marine with the diplomatic skills needed to join forces with a mercurial president, won an important victory Friday with his sought-for military budget. The centerpiece of the budget signed by President Dona
Published 25 Mar, 2018 12:00am
Mattis wins big with budget victory

Mattis wins big with budget victory

Defense Secretary Jim Mattis, a battle-seasoned Marine with the diplomatic skills needed to join forces with a mercurial president, won an important victory Friday with his sought-for military budget. The centerpiece of the budget signed by President Dona
Published 25 Mar, 2018 12:00am
Pre-budget tax incentive package on its way

Pre-budget tax incentive package on its way

Prime Minister Shahid Khaqan Abbasi has announced that a 'tax incentive package' would be unfolded before the Budget 2018-19, but stressed that both the private sector and the government are needed to work hand-in-hand to achieve export targets. While add
Published 25 Mar, 2018 12:00am
Pre-budget tax incentive package on its way

Pre-budget tax incentive package on its way

Prime Minister Shahid Khaqan Abbasi has announced that a 'tax incentive package' would be unfolded before the Budget 2018-19, but stressed that both the private sector and the government are needed to work hand-in-hand to achieve export targets. While add
Published 25 Mar, 2018 12:00am
Pre-budget tax incentive package on its way

Pre-budget tax incentive package on its way

Prime Minister Shahid Khaqan Abbasi has announced that a ''tax incentive package'' would be unfolded before the Budget 2018-19, but stressed that both the private sector and the government are needed to work hand-in-hand to achieve export targets. While a
Published 25 Mar, 2018 12:00am
Budget proposals: ICAP recommends uniform service tax law

Budget proposals: ICAP recommends uniform service tax law

The Institute of Chartered Accountants of Pakistan (ICAP) has recommended that service providers, both corporate and non-corporate, should be exempted from levy of minimum tax and a uniform service tax law may be agreed upon by all provinces and the feder
Published 25 Mar, 2018 12:00am
Budget proposals: ICAP recommends uniform service tax law

Budget proposals: ICAP recommends uniform service tax law

The Institute of Chartered Accountants of Pakistan (ICAP) has recommended that service providers, both corporate and non-corporate, should be exempted from levy of minimum tax and a uniform service tax law may be agreed upon by all provinces and the feder
Published 25 Mar, 2018 12:00am
Budget proposals: ICAP recommends uniform service tax law

Budget proposals: ICAP recommends uniform service tax law

The Institute of Chartered Accountants of Pakistan (ICAP) has recommended that service providers, both corporate and non-corporate, should be exempted from levy of minimum tax and a uniform service tax law may be agreed upon by all provinces and the feder
Published 25 Mar, 2018 12:00am
Budget proposals: ICAP recommends uniform service tax law

Budget proposals: ICAP recommends uniform service tax law

The Institute of Chartered Accountants of Pakistan (ICAP) has recommended that service providers, both corporate and non-corporate, should be exempted from levy of minimum tax and a uniform service tax law may be agreed upon by all provinces and the feder
Published 25 Mar, 2018 12:00am
Nawaz directs to prepare people-friendly budget

Nawaz directs to prepare people-friendly budget

Prime Minister Shahid Khaqan Abbasi on Saturday met with the former Prime Minister Nawaz Sharif who directed him to prepare a people's friendly budget for the next year. During a meeting between the two at the Jati Umra residence, the former prime ministe
Published 25 Mar, 2018 12:00am
Nawaz directs to prepare people-friendly budget

Nawaz directs to prepare people-friendly budget

Prime Minister Shahid Khaqan Abbasi on Saturday met with the former Prime Minister Nawaz Sharif who directed him to prepare a people's friendly budget for the next year. During a meeting between the two at the Jati Umra residence, the former prime ministe
Published 25 Mar, 2018 12:00am
Sydney goes dark as global Earth Hour climate campaign kicks off

Sydney goes dark as global Earth Hour climate campaign kicks off

The Sydney Opera House and Harbour Bridge went dark for an hour Saturday to kick off a global campaign raising awareness about the impacts of climate change. Earth Hour, which started in Australia in 2007, is set to be observed by millions of supporters i
Published 25 Mar, 2018 12:00am
Sydney goes dark as global Earth Hour climate campaign kicks off

Sydney goes dark as global Earth Hour climate campaign kicks off

The Sydney Opera House and Harbour Bridge went dark for an hour Saturday to kick off a global campaign raising awareness about the impacts of climate change. Earth Hour, which started in Australia in 2007, is set to be observed by millions of supporters i
Published 25 Mar, 2018 12:00am
Sheikh Rashid predicts elections in November or December

Sheikh Rashid predicts elections in November or December

Awami Muslim League chief Sheikh Rashid Ahmed on Saturday said he foresees general elections in November or December this year. He made this prediction in an interview with Aaj News programme "G for Gharidah's" host Gharidah Farooqi on Saturday. Sheikh sa
Published 25 Mar, 2018 12:00am
US hostility means Iran must boost China, Russia ties

US hostility means Iran must boost China, Russia ties

Growing hostility from US President Donald Trump means Iran must strengthen its ties with Russia and China, a top official said on Saturday. "The use of radical elements hostile to the Islamic Republic shows that the Americans are trying to increase the p
Published 25 Mar, 2018 12:00am
US hostility means Iran must boost China, Russia ties

US hostility means Iran must boost China, Russia ties

Growing hostility from US President Donald Trump means Iran must strengthen its ties with Russia and China, a top official said on Saturday. "The use of radical elements hostile to the Islamic Republic shows that the Americans are trying to increase the p
Published 25 Mar, 2018 12:00am
UK adds to Sharif family's woes?

UK adds to Sharif family's woes?

The federal capital is rife with speculation that British authorities have submitted some damning information to Pakistani authorities under the Mutual Legal Assistance agreement with respect to assets held and money transactions by Hussain Nawaz though t
Published 25 Mar, 2018 12:00am
UK adds to Sharif family's woes?

UK adds to Sharif family's woes?

The federal capital is rife with speculation that British authorities have submitted some damning information to Pakistani authorities under the Mutual Legal Assistance agreement with respect to assets held and money transactions by Hussain Nawaz though t
Published 25 Mar, 2018 12:00am
New data leak hits India's national ID card database Aadhaar: ZDNet

New data leak hits India's national ID card database Aadhaar: ZDNet

India's biometric ID programme, Aadhaar, has been hit by another major security lapse, allowing access to private information, business technology news website ZDNet reported on Saturday. A data leak on a system run by a state-owned utility company can al
Published 25 Mar, 2018 12:00am
New data leak hits India's national ID card database Aadhaar: ZDNet

New data leak hits India's national ID card database Aadhaar: ZDNet

India's biometric ID programme, Aadhaar, has been hit by another major security lapse, allowing access to private information, business technology news website ZDNet reported on Saturday. A data leak on a system run by a state-owned utility company can al
Published 25 Mar, 2018 12:00am
Egyptians to vote tomorrow, Sisi re-election guaranteed

Egyptians to vote tomorrow, Sisi re-election guaranteed

Egyptians will choose their next president in elections starting Monday, with President Abdel Fattah al-Sisi expected to easily secure a second four-year term. Some 60 million people in Egypt, the most populated Arab country, are registered to vote in thr
Published 25 Mar, 2018 12:00am
Egyptians to vote tomorrow, Sisi re-election guaranteed

Egyptians to vote tomorrow, Sisi re-election guaranteed

Egyptians will choose their next president in elections starting Monday, with President Abdel Fattah al-Sisi expected to easily secure a second four-year term. Some 60 million people in Egypt, the most populated Arab country, are registered to vote in thr
Published 25 Mar, 2018 12:00am
Two Kashmiri youth martyred in IHK

Two Kashmiri youth martyred in IHK

Indian troops martyred two more Kashmiri youth in Dooru area of Indian Occupied Kashmir on Saturday. According to media report, the fresh act of state terrorism occurred during a search operation by Indian forces at Shashtargam. The mobile internet servic
Published 25 Mar, 2018 12:00am
Two Kashmiri youth martyred in IHK

Two Kashmiri youth martyred in IHK

Indian troops martyred two more Kashmiri youth in Dooru area of Indian Occupied Kashmir on Saturday. According to media report, the fresh act of state terrorism occurred during a search operation by Indian forces at Shashtargam. The mobile internet servic
Published 25 Mar, 2018 12:00am
Times journalist expelled from Eygpt

Times journalist expelled from Eygpt

A British journalist for The Times has been expelled from Egypt, the newspaper said Saturday, in a move it said reflected the "oppressive environment" created there for the press. Bel Trew was driven to the airport and forced to board a flight in February
Published 25 Mar, 2018 12:00am
Times journalist expelled from Eygpt

Times journalist expelled from Eygpt

A British journalist for The Times has been expelled from Egypt, the newspaper said Saturday, in a move it said reflected the "oppressive environment" created there for the press. Bel Trew was driven to the airport and forced to board a flight in February
Published 25 Mar, 2018 12:00am
Crowds gather for largest US gun control protest in a generation

Crowds gather for largest US gun control protest in a generation

Bundled against the cold but fired up with passion after a Florida high school massacre, crowds gathered in Washington on Saturday for what is expected to be the biggest US gun control protest in a generation, with hundreds of thousands attending. The stu
Published 25 Mar, 2018 12:00am
Crowds gather for largest US gun control protest in a generation

Crowds gather for largest US gun control protest in a generation

Bundled against the cold but fired up with passion after a Florida high school massacre, crowds gathered in Washington on Saturday for what is expected to be the biggest US gun control protest in a generation, with hundreds of thousands attending. The stu
Published 25 Mar, 2018 12:00am
Chad soldier, 20 Boko Haram fighters killed

Chad soldier, 20 Boko Haram fighters killed

A Chadian soldier and 20 Boko Haram members were killed in a clash in the restive Lake Chad region near Nigeria, a Chadian military officer told AFP Saturday. The incident occurred on Friday on an islet named Tchoukou Hadje, the officer said, adding that
Published 25 Mar, 2018 12:00am
Chad soldier, 20 Boko Haram fighters killed

Chad soldier, 20 Boko Haram fighters killed

A Chadian soldier and 20 Boko Haram members were killed in a clash in the restive Lake Chad region near Nigeria, a Chadian military officer told AFP Saturday. The incident occurred on Friday on an islet named Tchoukou Hadje, the officer said, adding that
Published 25 Mar, 2018 12:00am
Putin, a modern day Stalin?

Putin, a modern day Stalin?

Aleksandr Pushkin's closing line narod bezmolvstvuet (the people are silent) in Boris Godunov, a closet play, doesn't apply to the Russian elections because President Vladimir Putin has stormed to a landside election win. It is, however, a fact that the e
Published 25 Mar, 2018 12:00am
The new US national security adviser

The new US national security adviser

Just days after firing Secretary of State Rex Tillerson - whom many believed to be the only adult left in his administration - the impetuous US President Trump has appointed John Bolton, a George W Bush era neo-con hardliner, as the new national security
Published 25 Mar, 2018 12:00am
Competitive electricity market

Competitive electricity market

The government has recently announced its decision of moving towards competitive market in the power sector. For this purpose, a new power policy is being formulated and amendments have been made in the regulatory laws. While the transition to the Competi
Published 25 Mar, 2018 12:00am
Trump trade gambit tests 'friendship' with Xi

Trump trade gambit tests 'friendship' with Xi

Donald Trump may have ripped China over trade Thursday, but the US president pulled his punches to preserve a "friendship" with Xi Jinping that, while it has borne some fruit, may be more imagined than real. Since taking office in January 2017, the 71-yea
Published 25 Mar, 2018 12:00am
Facebook faces 'Oppenheimer moment' over Trump scandal
Kerb

Facebook faces 'Oppenheimer moment' over Trump scandal

Facebook and psychologists who have worked with it are grappling with their "Oppenheimer moment", experts say, over revelations that its data may have been used to help elect US President Donald Trump. The scandal over the way Cambridge Analytica obtained
Published 25 Mar, 2018 12:00am
The PKR depreciation
Exchange

The PKR depreciation

The rupee weakened by about 4.4 percent in a single day on 20th March, 2018 to close at Rs 115.4 against the US dollar from Rs 110.5 a day earlier. This follows the fall of 4.7 percent to Rs 110.5 to a dollar in December, 2017. In a nutshell, dollar has b
Published 25 Mar, 2018 12:00am
China provides powerful tracking system to Pakistan

China provides powerful tracking system to Pakistan

China has always been on forefront helping Pakistan, its time-tested and all-weather friend to strengthen its defence capability. The recently provided tracking system could allow Islamabad to speed up development of missile that can target multiple citie
Published 25 Mar, 2018 12:00am
Pak-US relations can't be weighed in dollars: Aizaz

Pak-US relations can't be weighed in dollars: Aizaz

Pakistan Ambassador to the United States Aizaz Ahmed Chaudhry remarked on Saturday that the relations between the two countries cannot be weighed in dollars. While speaking to a private TV channel, Chaudhry remarked: "Pakistan and US share a multi-faceted
Published 25 Mar, 2018 12:00am
Nawaz should have been allowed to visit ailing wife: Sadiq

Nawaz should have been allowed to visit ailing wife: Sadiq

Speaker National Assembly Ayaz Sadiq on Saturday said that the former prime minister Nawaz Sharif will never leave the country and would face everything coming in his way. Talking to media persons, the Pakistan Muslim League-Nawaz leader said that Nawaz S
Published 25 Mar, 2018 12:00am
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