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Archive - 2018-05-06
LPGA Texas Classic scores
Sports

LPGA Texas Classic scores

CHICAGO: Leading scores after Saturday's completion of the first round of the storm-hit 36-hole LPGA Texas Classic (par-
Published 06 May, 2018 12:24pm
New crisis would hammer Greek banks: ECB

New crisis would hammer Greek banks: ECB

A fresh economic crisis would leave Greek banks exposed and see their capital slide by billions, the European Central Bank said Saturday after publishing the results of a latest stress test. The test on four major Greek banks four months before a planned
Published 06 May, 2018 12:00am
Societe Generale shares tumble as earnings disappoint
Exchange

Societe Generale shares tumble as earnings disappoint

Shares in Societe Generale tumbled on Friday as the French bank reported weak earnings with scandals over alleged bribery and possible rate rigging still hanging over the lender. The bank, one of the largest in France, booked a net profit of 850 million e
Published 06 May, 2018 12:00am
Societe Generale shares tumble as earnings disappoint
Exchange

Societe Generale shares tumble as earnings disappoint

Shares in Societe Generale tumbled on Friday as the French bank reported weak earnings with scandals over alleged bribery and possible rate rigging still hanging over the lender. The bank, one of the largest in France, booked a net profit of 850 million e
Published 06 May, 2018 12:00am
Qatar steps in to rescue Rosneft's troubled stake sale to China

Qatar steps in to rescue Rosneft's troubled stake sale to China

Qatar is taking a stake in Rosneft of nearly 19 percent, rescuing the Russian oil major from its stalled deal to sell a major stake to China's CEFC. The deal strengthens ties between Moscow and Doha at a time when Qatar is facing boycott by its Gulf Arab
Published 06 May, 2018 12:00am
South Africa's JSE to tighten disclosure for debt issuers
Exchange

South Africa's JSE to tighten disclosure for debt issuers

Africa's biggest securities exchange, the JSE Ltd, is crafting tighter disclosure rules for companies with listed debt instruments, combined with a greater focus on corporate governance to increase transparency. South African state-owned companies, which
Published 06 May, 2018 12:00am
South Africa's JSE to tighten disclosure for debt issuers
Exchange

South Africa's JSE to tighten disclosure for debt issuers

Africa's biggest securities exchange, the JSE Ltd, is crafting tighter disclosure rules for companies with listed debt instruments, combined with a greater focus on corporate governance to increase transparency. South African state-owned companies, which
Published 06 May, 2018 12:00am
DR Congo planning to allow oil exploration in national parks

DR Congo planning to allow oil exploration in national parks

Democratic Republic of Congo's government is seeking to reclassify swathes of two UNESCO-listed parks so that oil exploration can be carried out there, an investigative group said. The London-based NGO Global Witness said it had seen documents about a sch
Published 06 May, 2018 12:00am
Japanese manga strip fetches record price at Paris auction

Japanese manga strip fetches record price at Paris auction

A rare series of sketches of Japanese manga artist Osamu Tezuka's robot character Astro Boy sold for a record 269,400 euros in an auction in Paris Saturday. "It's a world record for this artist whose works are few in the market," said Eric Leroy, an exper
Published 06 May, 2018 12:00am
China will steadily push forward capital account convertibility
Exchange

China will steadily push forward capital account convertibility

China's foreign exchange regulator said on Friday that it will steadily push forward with the convertibility of its capital account, and at the same time fend off risk from cross-border capital flows. The head of the State Administration of Foreign Exchan
Published 06 May, 2018 12:00am
UK car sales rebound from year-long falls

UK car sales rebound from year-long falls

Britain's new car sales rebounded slightly in April, industry data showed Friday, having slid a year earlier on taxation changes for high-polluting diesel vehicles. New registrations for all cars rose 10.4 percent in April year-on-year to 167,911 vehicles
Published 06 May, 2018 12:00am
Use blockchain to educate and empower refugees: ExsulCoin

Use blockchain to educate and empower refugees: ExsulCoin

For millions of refugees living in makeshift camps, access to education, jobs and financial support is an uphill struggle. Developers of a new blockchain platform are hoping to change that. The startup ExsulCoin aims to help refugees build digital identit
Published 06 May, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (May 05, 2018).

Published 06 May, 2018 12:00am
THE RUPEE: recovery on
Currency

THE RUPEE: recovery on

The rupee maintained its present appreciation against the dollar on Saturday in the process of trading activity, dealers said. Commenting on the continued rise in the value of the rupee, President of the Forex Association of Pakistan (FAP) Malik Bostan sa
Published 06 May, 2018 12:00am
THE RUPEE: recovery on
Currency

THE RUPEE: recovery on

The rupee maintained its present appreciation against the dollar on Saturday in the process of trading activity, dealers said. Commenting on the continued rise in the value of the rupee, President of the Forex Association of Pakistan (FAP) Malik Bostan sa
Published 06 May, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 05, 2018).

Published 06 May, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 05, 2018).

Published 06 May, 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 (May 05, 2018).

Published 06 May, 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 (May 05, 2018).

Published 06 May, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 05, 2018)

Published 06 May, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 05, 2018).

Published 06 May, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (May 05, 2018) and the forecast for Sunday (May 06, 2018).

Published 06 May, 2018 12:00am
Four killed in IHK clashes
Exchange

Four killed in IHK clashes

Three freedom fighters and a civilian were killed in a gun battle, here on Saturday, police said. The three men believed to be freedom fighters died in a shootout after government forces surrounded a densely populated neighbourhood in the old part of the
Published 06 May, 2018 12:00am
Four killed in IHK clashes
Exchange

Four killed in IHK clashes

Three freedom fighters and a civilian were killed in a gun battle, here on Saturday, police said. The three men believed to be freedom fighters died in a shootout after government forces surrounded a densely populated neighbourhood in the old part of the
Published 06 May, 2018 12:00am
MQM-P dubs PPP anti-Pakistan party

MQM-P dubs PPP anti-Pakistan party

Floodgates of criticism opened against Pakistan Peoples Party (PPP) at Liaquatabad public meeting when Muttahida Qaumi Movement Pakistan (MQM-P) resorted bashing of ruling party of Sindh by labeling it anti-country party which always worked against the na
Published 06 May, 2018 12:00am
MQM-P dubs PPP anti-Pakistan party

MQM-P dubs PPP anti-Pakistan party

Floodgates of criticism opened against Pakistan Peoples Party (PPP) at Liaquatabad public meeting when Muttahida Qaumi Movement Pakistan (MQM-P) resorted bashing of ruling party of Sindh by labeling it anti-country party which always worked against the na
Published 06 May, 2018 12:00am
Budget 2018-19: bodies formed to review reforms, remove anomalies

Budget 2018-19: bodies formed to review reforms, remove anomalies

Finance Minister Miftah Ismail has constituted two high-level committees to review reforms in the economic sector and make recommendations to improve the Finance Bill 2018 for removal of budget anomalies. According to a notification issued by the FBR here
Published 06 May, 2018 12:00am
Budget 2018-19: bodies formed to review reforms, remove anomalies

Budget 2018-19: bodies formed to review reforms, remove anomalies

Finance Minister Miftah Ismail has constituted two high-level committees to review reforms in the economic sector and make recommendations to improve the Finance Bill 2018 for removal of budget anomalies. According to a notification issued by the FBR here
Published 06 May, 2018 12:00am
Budget 2018-19: bodies formed to review reforms, remove anomalies

Budget 2018-19: bodies formed to review reforms, remove anomalies

Finance Minister Miftah Ismail has constituted two high-level committees to review reforms in the economic sector and make recommendations to improve the Finance Bill 2018 for removal of budget anomalies. According to a notification issued by the FBR here
Published 06 May, 2018 12:00am
CoAS confirms death sentence for 11 hardcore terrorists

CoAS confirms death sentence for 11 hardcore terrorists

Chief of the Army Staff General Qamar Javed Bajwa has confirmed death sentences awarded to 11 hardcore terrorists. Besides, three convicts have also been awarded imprisonment. These terrorists were involved in heinous offences related to terrorism, ie att
Published 06 May, 2018 12:00am
CoAS confirms death sentence for 11 hardcore terrorists

CoAS confirms death sentence for 11 hardcore terrorists

Chief of the Army Staff General Qamar Javed Bajwa has confirmed death sentences awarded to 11 hardcore terrorists. Besides, three convicts have also been awarded imprisonment. These terrorists were involved in heinous offences related to terrorism, ie att
Published 06 May, 2018 12:00am
Reservoirs: CCI decides to conserve surplus annual flows

Reservoirs: CCI decides to conserve surplus annual flows

The Council of Common Interests (CCI) has decided to conserve only the surplus annual flows in the reservoirs to augment the storage capacity, well-informed sources told Business Recorder. The presentation on National Water Policy had already been
Published 06 May, 2018 12:00am
Reservoirs: CCI decides to conserve surplus annual flows

Reservoirs: CCI decides to conserve surplus annual flows

The Council of Common Interests (CCI) has decided to conserve only the surplus annual flows in the reservoirs to augment the storage capacity, well-informed sources told Business Recorder. The presentation on National Water Policy had already been
Published 06 May, 2018 12:00am
Reservoirs: CCI decides to conserve surplus annual flows

Reservoirs: CCI decides to conserve surplus annual flows

The Council of Common Interests (CCI) has decided to conserve only the surplus annual flows in the reservoirs to augment the storage capacity, well-informed sources told Business Recorder. The presentation on National Water Policy had already been
Published 06 May, 2018 12:00am
PSEs obtain Rs 153 billion borrowing in 10 months

PSEs obtain Rs 153 billion borrowing in 10 months

Public Sector Enterprises (PSEs) obtained some Rs 153 billion fresh borrowing during the first 10 months (July-April) of this fiscal year (FY18). According to the State Bank of Pakistan, credit offtake by PSEs posted 19 percent growth during the first 10
Published 06 May, 2018 12:00am
PSEs obtain Rs 153 billion borrowing in 10 months

PSEs obtain Rs 153 billion borrowing in 10 months

Public Sector Enterprises (PSEs) obtained some Rs 153 billion fresh borrowing during the first 10 months (July-April) of this fiscal year (FY18). According to the State Bank of Pakistan, credit offtake by PSEs posted 19 percent growth during the first 10
Published 06 May, 2018 12:00am
PSEs obtain Rs 153 billion borrowing in 10 months

PSEs obtain Rs 153 billion borrowing in 10 months

Public Sector Enterprises (PSEs) obtained some Rs 153 billion fresh borrowing during the first 10 months (July-April) of this fiscal year (FY18). According to the State Bank of Pakistan, credit offtake by PSEs posted 19 percent growth during the first 10
Published 06 May, 2018 12:00am
PSEs obtain Rs 153 billion borrowing in 10 months

PSEs obtain Rs 153 billion borrowing in 10 months

Public Sector Enterprises (PSEs) obtained some Rs 153 billion fresh borrowing during the first 10 months (July-April) of this fiscal year (FY18). According to the State Bank of Pakistan, credit offtake by PSEs posted 19 percent growth during the first 10
Published 06 May, 2018 12:00am
PML-N will move court if polls are delayed: Prime Minister

PML-N will move court if polls are delayed: Prime Minister

Prime Minister Shahid Khaqan Abbasi Saturday emphasized that all institutions in the country should function within their constitutional limits. He was addressing a gathering after the groundbreaking ceremony of 4-lane Narowal - Lahore-Sialkot Motorway li
Published 06 May, 2018 12:00am
PML-N will move court if polls are delayed: Prime Minister

PML-N will move court if polls are delayed: Prime Minister

Prime Minister Shahid Khaqan Abbasi Saturday emphasized that all institutions in the country should function within their constitutional limits. He was addressing a gathering after the groundbreaking ceremony of 4-lane Narowal - Lahore-Sialkot Motorway li
Published 06 May, 2018 12:00am
Polls face prospect of delay?

Polls face prospect of delay?

Despite all the preparations made by Election Commission of Pakistan (ECP) to hold general elections on time, there are indications especially from the establishment that the polls may be delayed for some time on 'technical grounds'. Well informed sources
Published 06 May, 2018 12:00am
Polls face prospect of delay?

Polls face prospect of delay?

Despite all the preparations made by Election Commission of Pakistan (ECP) to hold general elections on time, there are indications especially from the establishment that the polls may be delayed for some time on 'technical grounds'. Well informed sources
Published 06 May, 2018 12:00am
Nisar regrets use of 'alien' word by Nawaz

Nisar regrets use of 'alien' word by Nawaz

Amid praise for archrival Imran Khan for his invitation to join PTI, former interior minister Chaudhry Nisar Ali Khan Saturday rubbished the rumors of jumping ship. He warned that the malicious campaign against him must stop. "I would also like to thank I
Published 06 May, 2018 12:00am
Nisar regrets use of 'alien' word by Nawaz

Nisar regrets use of 'alien' word by Nawaz

Amid praise for archrival Imran Khan for his invitation to join PTI, former interior minister Chaudhry Nisar Ali Khan Saturday rubbished the rumors of jumping ship. He warned that the malicious campaign against him must stop. "I would also like to thank I
Published 06 May, 2018 12:00am
Sixteen killed in coal mine collapse in Marwaarh

Sixteen killed in coal mine collapse in Marwaarh

Sixteen miners were killed and nine others were wounded on Saturday when a coal mine collapsed due to a gas explosion in Marwaarh, officials said. The accident occurred in Marwaarh, 45 kilometres (28 miles) east of Quetta,. "The roof caved in following an
Published 06 May, 2018 12:00am
Sixteen killed in coal mine collapse in Marwaarh

Sixteen killed in coal mine collapse in Marwaarh

Sixteen miners were killed and nine others were wounded on Saturday when a coal mine collapsed due to a gas explosion in Marwaarh, officials said. The accident occurred in Marwaarh, 45 kilometres (28 miles) east of Quetta,. "The roof caved in following an
Published 06 May, 2018 12:00am
Supply chains: FBR to chalk out economic operator programme

Supply chains: FBR to chalk out economic operator programme

The Federal Board of Revenue (FBR) will chalk out an authorized economic operator programme to provide facilitations relating to secure supply chains of imported and exported goods to ensure regulatory controls by customs department. The FBR officials inf
Published 06 May, 2018 12:00am
Supply chains: FBR to chalk out economic operator programme

Supply chains: FBR to chalk out economic operator programme

The Federal Board of Revenue (FBR) will chalk out an authorized economic operator programme to provide facilitations relating to secure supply chains of imported and exported goods to ensure regulatory controls by customs department. The FBR officials inf
Published 06 May, 2018 12:00am
Supply chains: FBR to chalk out economic operator programme

Supply chains: FBR to chalk out economic operator programme

The Federal Board of Revenue (FBR) will chalk out an authorized economic operator programme to provide facilitations relating to secure supply chains of imported and exported goods to ensure regulatory controls by customs department. The FBR officials inf
Published 06 May, 2018 12:00am
Critical US-China trade talks end in Beijing
Exchange

Critical US-China trade talks end in Beijing

China and the US ended the second day of high-stakes trade talks Friday with "big differences", Beijing said, leaving the world's two largest economies on the brink of a trade war that could have knock-on effects on the global economy. The talks were aime
Published 06 May, 2018 12:00am
Critical US-China trade talks end in Beijing
Exchange

Critical US-China trade talks end in Beijing

China and the US ended the second day of high-stakes trade talks Friday with "big differences", Beijing said, leaving the world's two largest economies on the brink of a trade war that could have knock-on effects on the global economy. The talks were aime
Published 06 May, 2018 12:00am
Critical US-China trade talks end in Beijing
Exchange

Critical US-China trade talks end in Beijing

China and the US ended the second day of high-stakes trade talks Friday with "big differences", Beijing said, leaving the world''s two largest economies on the brink of a trade war that could have knock-on effects on the global economy. The talks were aim
Published 06 May, 2018 12:00am
Trump says China 'spoiled' by trade wins over US
Exchange

Trump says China 'spoiled' by trade wins over US

China is "very spoiled" by trade wins over America, US President Donald Trump said late Friday, as a top business delegation headed back to America after high-stakes talks with Beijing. The two days of talks were aimed at forestalling momentum towards a l
Published 06 May, 2018 12:00am
Trump says China 'spoiled' by trade wins over US
Exchange

Trump says China 'spoiled' by trade wins over US

China is "very spoiled" by trade wins over America, US President Donald Trump said late Friday, as a top business delegation headed back to America after high-stakes talks with Beijing. The two days of talks were aimed at forestalling momentum towards a l
Published 06 May, 2018 12:00am
Trump says China ''spoiled'' by trade wins over US
Exchange

Trump says China ''spoiled'' by trade wins over US

China is "very spoiled" by trade wins over America, US President Donald Trump said late Friday, as a top business delegation headed back to America after high-stakes talks with Beijing. The two days of talks were aimed at forestalling momentum towards a l
Published 06 May, 2018 12:00am
Trump says China ''''spoiled'''' by trade wins over US
Exchange

Trump says China ''''spoiled'''' by trade wins over US

China is "very spoiled" by trade wins over America, US President Donald Trump said late Friday, as a top business delegation headed back to America after high-stakes talks with Beijing. The two days of talks were aimed at forestalling momentum towards a l
Published 06 May, 2018 12:00am
Pakistani girl's picture on Indian booklets sparks controversy

Pakistani girl's picture on Indian booklets sparks controversy

The picture of a Pakistani girl drawing a map of the Muslim country's flag was printed on the cover page of a booklet meant to promote Swachh Bharat Abhiyan (SBA) - a campaign to clean up the streets, roads and infrastructure of India's cities, towns, and
Published 06 May, 2018 12:00am
Pakistani girl's picture on Indian booklets sparks controversy

Pakistani girl's picture on Indian booklets sparks controversy

The picture of a Pakistani girl drawing a map of the Muslim country's flag was printed on the cover page of a booklet meant to promote Swachh Bharat Abhiyan (SBA) - a campaign to clean up the streets, roads and infrastructure of India's cities, towns, and
Published 06 May, 2018 12:00am
Mobile phone services to be restored in Wana after 10 years

Mobile phone services to be restored in Wana after 10 years

Mobile phone services are set to be restored after a decade in South Waziristan Agency's Wana, political administration officials said on Saturday. The officials said the decision to restore cellular services in Wana after a meeting with government instit
Published 06 May, 2018 12:00am
Mobile phone services to be restored in Wana after 10 years

Mobile phone services to be restored in Wana after 10 years

Mobile phone services are set to be restored after a decade in South Waziristan Agency's Wana, political administration officials said on Saturday. The officials said the decision to restore cellular services in Wana after a meeting with government instit
Published 06 May, 2018 12:00am
Mobile phone services to be restored in Wana after 10 years

Mobile phone services to be restored in Wana after 10 years

Mobile phone services are set to be restored after a decade in South Waziristan Agency''s Wana, political administration officials said on Saturday. The officials said the decision to restore cellular services in Wana after a meeting with government insti
Published 06 May, 2018 12:00am
Government urged to withdraw additional customs duty

Government urged to withdraw additional customs duty

The government has been urged to withdraw additional customs duty because it is causing an increase in cost of production for the industry. Senator Talha Mehmood and others forwarded their recommendations to the Senate Standing Committee on Finance, presi
Published 06 May, 2018 12:00am
Government urged to withdraw additional customs duty

Government urged to withdraw additional customs duty

The government has been urged to withdraw additional customs duty because it is causing an increase in cost of production for the industry. Senator Talha Mehmood and others forwarded their recommendations to the Senate Standing Committee on Finance, presi
Published 06 May, 2018 12:00am
Government urged to withdraw additional customs duty

Government urged to withdraw additional customs duty

The government has been urged to withdraw additional customs duty because it is causing an increase in cost of production for the industry. Senator Talha Mehmood and others forwarded their recommendations to the Senate Standing Committee on Finance, presi
Published 06 May, 2018 12:00am
Army, PAF test joint conventional fire power capability

Army, PAF test joint conventional fire power capability

Pakistan Army and Air Force tested their joint conventional fire power capability in Central Command exercise at Jhelum firing ranges. Commander Central Command Lieutenant General Azhar Saleh Abbasi briefed the audience about aims, objectives and conduct
Published 06 May, 2018 12:00am
Army, PAF test joint conventional fire power capability

Army, PAF test joint conventional fire power capability

Pakistan Army and Air Force tested their joint conventional fire power capability in Central Command exercise at Jhelum firing ranges. Commander Central Command Lieutenant General Azhar Saleh Abbasi briefed the audience about aims, objectives and conduct
Published 06 May, 2018 12:00am
Wheat export: Rs 8.572 billion subsidy to be given to PASSCO
Exchange

Wheat export: Rs 8.572 billion subsidy to be given to PASSCO

The federal government is to extend $ 77.5 million (Rs 8.572 billion) subsidy to Pakistan Agriculture Storage and Services Corporation (PASSCO) for export of 0.5 million tons of wheat, including 0.2 million tons to Bangladeshi private sector, well-informe
Published 06 May, 2018 12:00am
Wheat export: Rs 8.572 billion subsidy to be given to PASSCO
Exchange

Wheat export: Rs 8.572 billion subsidy to be given to PASSCO

The federal government is to extend $ 77.5 million (Rs 8.572 billion) subsidy to Pakistan Agriculture Storage and Services Corporation (PASSCO) for export of 0.5 million tons of wheat, including 0.2 million tons to Bangladeshi private sector, well-informe
Published 06 May, 2018 12:00am
Wheat export: Rs 8.572 billion subsidy to be given to PASSCO
Exchange

Wheat export: Rs 8.572 billion subsidy to be given to PASSCO

The federal government is to extend $ 77.5 million (Rs 8.572 billion) subsidy to Pakistan Agriculture Storage and Services Corporation (PASSCO) for export of 0.5 million tons of wheat, including 0.2 million tons to Bangladeshi private sector, well-informe
Published 06 May, 2018 12:00am
Textile sector dissatisfied with budget

Textile sector dissatisfied with budget

Textile sector has shown dissatisfaction over the budget for 2018-19, saying that its proposals/demands including abolishment of Export Development Surcharge, disbursement of exporters' refunds and reduction in tariff of electricity and gas were not accom
Published 06 May, 2018 12:00am
Textile sector dissatisfied with budget

Textile sector dissatisfied with budget

Textile sector has shown dissatisfaction over the budget for 2018-19, saying that its proposals/demands including abolishment of Export Development Surcharge, disbursement of exporters' refunds and reduction in tariff of electricity and gas were not accom
Published 06 May, 2018 12:00am
Textile sector dissatisfied with budget

Textile sector dissatisfied with budget

Textile sector has shown dissatisfaction over the budget for 2018-19, saying that its proposals/demands including abolishment of Export Development Surcharge, disbursement of exporters'' refunds and reduction in tariff of electricity and gas were not acco
Published 06 May, 2018 12:00am
Act before it is too late

Act before it is too late

Thankfully, the Lahore High Court Chief Yawar Ali has taken up a petition seeking a ban on the hunting of blackbuck, an endangered species. Once common in India and parts of Pakistan the antelope's population has been dwindling fast due to hunting and hab
Published 06 May, 2018 12:00am
Endless suffering of earthquake survivors

Endless suffering of earthquake survivors

The October 2005 earthquake that hit vast swathes of Kashmir on either side of the Line of Control and parts of Khyber Pakhtunkhwa was the worst in living memory. It caused unspeakable death and destruction. As many as 80,000 lives were lost, many more we
Published 06 May, 2018 12:00am
Food quality must be ensured for children and mothers

Food quality must be ensured for children and mothers

Globally, more or less 2.7 million children under the age of five die annually because of malnutrition. The situation in Pakistan is also disturbing. About 44 per cent of Pakistani children suffer from stunting or impaired growth and development. Pakistan
Published 06 May, 2018 12:00am
New Syrian land law raises red flags for rights groups, lawyers
Exchange

New Syrian land law raises red flags for rights groups, lawyers

Rights groups and specialists are sounding the alarm over a new Syrian law on urban development, saying millions of displaced risk never returning home after losing claim to land left behind. The Urban Renewal Law, commonly known as Decree 10, allows the
Published 06 May, 2018 12:00am
Falling US unemployment rate hides racial disparities

Falling US unemployment rate hides racial disparities

The US jobs report on Friday showed the black unemployment rate in April fell to its lowest on record but the figure hides a multitude of racial disparities. And those disparities reflect the failure to bring able-bodied people into the workforce at a tim
Published 06 May, 2018 12:00am
Finance minister must tell the whole truth

Finance minister must tell the whole truth

While presenting the federal budget for FY2018-19, the newly-appointed finance minister stated, inter alia, that "Pakistan has made great strides in improving its economic outcomes and reducing its macroeconomic vulnerability in the recent years. As a res
Published 06 May, 2018 12:00am
Mandviwalla for exploring new investment avenues

Mandviwalla for exploring new investment avenues

Deputy Chairman Senate Saleem Mandviwalla has said there is a dire need to search new investment avenues to manage unemployment issue as soon as possible. Addressing the launch of 'Job Fair Seminar' organised here on Saturday by Association of Builders an
Published 06 May, 2018 12:00am
Over 10 crime cases reported in Islamabad

Over 10 crime cases reported in Islamabad

Over 10 cases of various kinds of theft, dacoities, kidnapping and snatching at gunpoint were reported to various police stations of the city during the last week. According to the data gathered by Business Recorder here on Saturday through registe
Published 06 May, 2018 12:00am
Government urged to abolish CVT and stamp duty on real estate sector

Government urged to abolish CVT and stamp duty on real estate sector

Muhammad Ahsan Malik, general secretary, Real Estate Consultants Association, DHA, Islamabad visited ICCI (Islamabad Chamber of Commerce and Industry) and discussed key issues of real estate sector with Sheikh Amir Waheed, president, M Naveed Malik, senio
Published 06 May, 2018 12:00am
Politicians deserve due respect: PM

Politicians deserve due respect: PM

Prime Minister Shahid Khaqan Abbasi Saturday said the politicians were mandated by masses to serve the country, so they deserved due respect and stressed that country's progress was linked with this reverence. He was addressing a gathering after performin
Published 06 May, 2018 12:00am
Prominent politicians from Punjab, KP join PPP

Prominent politicians from Punjab, KP join PPP

Several prominent politicians from Punjab and Khyber Pakhtunkhwa (KP) on Saturday announced to join Pakistan Peoples Party.The prominent politicians held a meeting with Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari and former President of P
Published 06 May, 2018 12:00am
Provocative speeches: NBWs reissued for MQM founder, fugitives

Provocative speeches: NBWs reissued for MQM founder, fugitives

An anti-terrorism court (ATC) in Karachi on Saturday reissued non-bailable arrest warrants for MQM founder and other fugitives in provocative speeches case. Dr Farooq Sattar, Shahid Pasha, Qamar Mansoor, Gulfaraz Khattak and Amjadullah appeared before the
Published 06 May, 2018 12:00am
Healthy levy: Senate panel asks MoF to calculate revenue impact

Healthy levy: Senate panel asks MoF to calculate revenue impact

The Senate Standing Committee on Finance has directed the Ministry of Finance to calculate the revenue impact of healthy levy for making it a part of the proposed increase in federal excise duty (FED) on cigarettes. A meeting of the panel presided over by
Published 06 May, 2018 12:00am
If Nawaz has courage, he should name aliens: Shujaat

If Nawaz has courage, he should name aliens: Shujaat

Pakistan Muslim League (PML) President and former prime minister Ch Shujaat Hussain has said that it is not known whom Nawaz Sharif has named as aliens, if he has courage he should tell names of the aliens, only Pakistan Muslim League can solve all proble
Published 06 May, 2018 12:00am
British-Pakistani becomes London's first directly-elected female mayor

British-Pakistani becomes London's first directly-elected female mayor

UK's Labour Party's politician Rohksana Fiaz, who is a British-Pakistani, has become London's first directly-elected female mayor. Rohksana Fiaz, who won with 53,214 votes, said she was "proud and privileged" to be London's first directly-elected female m
Published 06 May, 2018 12:00am
Turkish Chief of General Staff visits Air HQs

Turkish Chief of General Staff visits Air HQs

General Hulusi AKAR, Chief of General Staff, Turkey visited Air Headquarters Islamabad on Saturday. On his arrival, the distinguished guest was received by Chief of the Air Staff, Air Chief Marshal Mujahid Anwar Khan. A smartly turned out contingent of Pa
Published 06 May, 2018 12:00am
Indian envoy expresses concern over inferior bilateral trade

Indian envoy expresses concern over inferior bilateral trade

The existing bilateral trade volume between Pakistan and India is much lower than the actual potential of over $30 billion. These views were expressed by Indian High Commissioner Ajay Bisaria while talking to businessmen and media during his visit to Kara
Published 06 May, 2018 12:00am
PFA seals 37 ice factories

PFA seals 37 ice factories

The Punjab Food Authority (PFA) on Saturday sealed 37 ice manufacturing factories and imposed heavy penalties on 67 others across the province on charges of using rusty and unhygienic ice blocks and absence of RO reverse osmosis filters. DG PFA Noor-ul-Am
Published 06 May, 2018 12:00am
Prices of essential kitchen items decline

Prices of essential kitchen items decline

Prices of essential kitchen items have witnessed a reduction during this week past against the preceding week, a survey conducted by Business Recorder revealed here on Saturday.
Published 06 May, 2018 12:00am
'Women's contribution to GDP merely 10 percent'

'Women's contribution to GDP merely 10 percent'

The women contribution to Gross Domestic Product is only 10 percent in the country which is far less than world average of 35 percent. It is stated by experts at graduation ceremony of second and third batches of women entrepreneurship course under Women
Published 06 May, 2018 12:00am
PML-N government fails to end load-shedding: Bukhari

PML-N government fails to end load-shedding: Bukhari

Pakistan Peoples Party (PPP) general secretary Nayyar Hussain Bukhari said that the country would not have been facing electricity load-shedding if the Pakistan Muslim League-Nawaz (PML-N) government has really added 10,000MW of electricity in national gr
Published 06 May, 2018 12:00am
Bilawal slams targeted killings in DI Khan

Bilawal slams targeted killings in DI Khan

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has strongly condemned series of target-killings of police and citizens in Dera Ismail Khan since last fortnight. In a statement issued here, the PPP Chairman criticized the criminal silence adopted b
Published 06 May, 2018 12:00am
International Maritime Symposium to be held on May 7

International Maritime Symposium to be held on May 7

Institute of Maritime Affairs (IMA), BU Islamabad is holding one day "International Maritime Symposium" on 07 May 2018, in Islamabad. The main theme of symposium is "Impact of Belt and Road Initiative (BRI) on the Geo-economics of the Indian Ocean Region
Published 06 May, 2018 12:00am
PTI ensures quality, accessible higher education in KP: Ghani

PTI ensures quality, accessible higher education in KP: Ghani

Khyber Pakhtunkhwa Minister for Higher Education, Mushtaq Ahmad Ghani has said that the revolutionary reforms introduced by the PTI-led provincial government are precedents for the whole country. Addressing a function of BS Research Productivity Award 201
Published 06 May, 2018 12:00am
Rule of law will ensure peace worldwide: AJK president

Rule of law will ensure peace worldwide: AJK president

Sardar Masood Khan, President Azad Jammu and Kashmir has said that the today the world is in a state of flux dominated by a number of emerging issues, strifes and non-traditional threats which are a risk for global peace and security. The President made t
Published 06 May, 2018 12:00am
Post-budget seminar held at ICAP

Post-budget seminar held at ICAP

A post-budget seminar attended by chartered accountants, financial experts and industry stakeholders organized by the Northern Regional Committee of the Institute of Chartered Accountants of Pakistan (ICAP) here at a local hotel in Lahore on Friday evenin
Published 06 May, 2018 12:00am
Post-budget seminar held at ICAP

Post-budget seminar held at ICAP

A post-budget seminar attended by chartered accountants, financial experts and industry stakeholders organized by the Northern Regional Committee of the Institute of Chartered Accountants of Pakistan (ICAP) here at a local hotel in Lahore on Friday evenin
Published 06 May, 2018 12:00am
ANP demands inquiry into BRT mega corruption scam

ANP demands inquiry into BRT mega corruption scam

General Secretary ANP, Khyber Pakhtunkhwa, Sardar Hussain Babak has expressed concern over the resignations of the senior officers of Bus Rapid Transit (BRT) Project over irregularities and demanded of the anti-graft agencies to summon all these officers
Published 06 May, 2018 12:00am
Pakistan Army organises free eye camp

Pakistan Army organises free eye camp

Pakistan Army in collaboration with Al-Shifa Eye Trust Rawalpindi organized a free eye camp at Khanpur Degree College for Boys Katiyari, Tehsil Adenzai Saturday. 1592 individuals including men, women and children were checked by 10 eye specialists. Free m
Published 06 May, 2018 12:00am
Ecosystem helps improve economy: PITB chief

Ecosystem helps improve economy: PITB chief

The Punjab Information Technology Board (PITB)'s Entrepreneurial Wing Plan9 established five years back has business success ratio of 60%, attracted startups companies valued at $70 million, which is changing the economy of Pakistan through the expansion
Published 06 May, 2018 12:00am
PPHA holds dialogue on prevention and control of NCDs

PPHA holds dialogue on prevention and control of NCDs

The Punjab Public Health Agency (PPHA) launched its Policy Roundtable Series with first dialogue on "Prevention and Control of Non-Communicable Diseases (NCDs)" in Punjab. The roundtable was attended by eminent public health professionals and sector exper
Published 06 May, 2018 12:00am
Farmers advised to complete cotton sowing before May 31
Cotton

Farmers advised to complete cotton sowing before May 31

The Punjab Agriculture Department has advised farmers to complete cotton sowing before May 31, as crop sown after this date is susceptible to attack of diseases/ insect & pests. In an advisory issued here on Saturday, a spokesman said that Government has
Published 06 May, 2018 12:00am
UK pledges support for GSP plus status

UK pledges support for GSP plus status

The UK government reiterates its support for Pakistan to benefit from the EU's GSP+ scheme, whilst in return Pakistan has pledged to continue to make progress on human rights, labor rights, environment and good governance, in line with the commitments mad
Published 06 May, 2018 12:00am
Seminar on gender equality held

Seminar on gender equality held

The formulation of gender responsive strategy of National Highways & Motorway Police is illustration of our commitment. DIG Ahmad Arslan Malik said this while speaking during a gender awareness seminar held at Zonal Office, Lahore. The seminar was titled
Published 06 May, 2018 12:00am
Cement sector registers 15 percent growth in 10 months

Cement sector registers 15 percent growth in 10 months

Bullish trend in cement despatches continued unabated in April 2018 and buoyancy in exports proved icing on the cake as exports increased for the second month by over 81 percent and sector posted highest capacity utilization. According to data released by
Published 06 May, 2018 12:00am
Shehr-e-Khamoshan: model graveyard developed in Faislabad

Shehr-e-Khamoshan: model graveyard developed in Faislabad

Punjab Shehr-e-Khamoshan Authority (PSKA) has made the model graveyard (Shehr-e-Khamoshan) operational at Satiana Road near Adda Khanuana on the 92 Kanal land which is the third project completed by the PSKA. This project of model graveyard has been compl
Published 06 May, 2018 12:00am
ECP bound to hold polls as per schedule: JI leader

ECP bound to hold polls as per schedule: JI leader

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has said that the rumours about delay of elections and the talk of "aliens: or "unseen beings" was an enmity towards the country and the nation. Addressing a workers convention in the city on Saturday, he
Published 06 May, 2018 12:00am
Karachiite to vote for PPP in upcoming general election, claims Murad

Karachiite to vote for PPP in upcoming general election, claims Murad

Sindh Chief Minister Syed Murad Ali Shah has said in 1980s Karachi had experienced dark clouds on its political horizon and everywhere there was a wave of fear and insecurity among the people but "we have cleared it completely and would allow anyone to re
Published 06 May, 2018 12:00am
Larkana Package: Dhamra refutes corruption charges

Larkana Package: Dhamra refutes corruption charges

The Information Secretary Pakistan Peoples Party Sindh Aajiz Dhamra has refuted the allegation of misappropriation of Rs 90 billion in Larkana Development Package and said that if anyone has evidences against corruption of MNA Faryal Talpur, the same shou
Published 06 May, 2018 12:00am
Honda BR-V sets Road Trip in Pakistan

Honda BR-V sets Road Trip in Pakistan

Honda Atlas Cars (Pakistan) Limited, being one of the leading local automotive manufacturers in Pakistan, is all set to begin their journey of traveling Pakistan in Honda BR-V. It is going to be a 14 days campaign, where the renowned personalities like Ha
Published 06 May, 2018 12:00am
PBIF chief calls for setting up industrial estate in Bhawalpur
Cotton

PBIF chief calls for setting up industrial estate in Bhawalpur

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that Bahawalpur is in dire need of new industrial estate to facilitate the available potential of new industries and manufacturing concerns. He said that the curren
Published 06 May, 2018 12:00am
Customs value of polyester fabric revised

Customs value of polyester fabric revised

Directorate General Customs Valuation (DGCV) has revised the customs values of different polyester fabrics under sub-section (7) of section 25 of the Customs Act, 1969. The customs values of different polyester fabrics were determined vide two different v
Published 06 May, 2018 12:00am
Customs value of polyester fabric revised

Customs value of polyester fabric revised

Directorate General Customs Valuation (DGCV) has revised the customs values of different polyester fabrics under sub-section (7) of section 25 of the Customs Act, 1969. The customs values of different polyester fabrics were determined vide two different v
Published 06 May, 2018 12:00am
84 awarded degrees at Habib university's convocation

84 awarded degrees at Habib university's convocation

Some 84 students were awarded degrees in their respective disciplines at the first convocation of Habib University's first convocation that was held at its campus on Saturday. The students got degrees in four disciplines, including BSc (Hon) Social Develo
Published 06 May, 2018 12:00am
ECAP lauds SBP for stabilizing exchange rate
Exchange

ECAP lauds SBP for stabilizing exchange rate

Zafar Paracha, General Secretary, Exchange Companies Association Pakistan (ECAP), has appreciated the State Bank of Pakistan (SBP) role for stabilizing the exchange rate. "The SBP and ECAP have played an important role in stabilizing the exchange rate and
Published 06 May, 2018 12:00am
Bin Qasim power plant: Karachi faces frequent outages as fault persists

Bin Qasim power plant: Karachi faces frequent outages as fault persists

Several areas of Karachi continued to face prolonged outages on Saturday as K-Electric's Bin Qasim power plant could not be restored even after the passage of two days. The K-Electric was earlier at odds with Sui Southern Gas Company for non-provision of
Published 06 May, 2018 12:00am
PPP to stage sit-ins against power crisis in Sindh

PPP to stage sit-ins against power crisis in Sindh

Pakistan People's Party has announced to commence series of protest and sit in against the unannounced load shedding in whole Sindh Province. According to the sources, the party has decided to hold the very first protest in PPP's strong hold Larkana tomor
Published 06 May, 2018 12:00am
Load-shedding affects 4 million daily wagers the most: Atiq Mir

Load-shedding affects 4 million daily wagers the most: Atiq Mir

Nearly 4 million daily wage laborers are the worst effected from the prolonged and unannounced electricity load shedding as heat waves continue to batter the city over the past week. The sizzling weather scorched the metropolis with the season's highest t
Published 06 May, 2018 12:00am
Lawyers observe strike against judges' attitude

Lawyers observe strike against judges' attitude

Lawyers community on Saturday went on strike against the attitude of judges in lower judiciary as well as issuing of contempt of court notices to lawyers and elevation of Justice Muneeb Akhtar of Sindh High Court to Supreme Court what they believed violat
Published 06 May, 2018 12:00am
French firms keen to invest in Pakistan: envoy
Exchange

French firms keen to invest in Pakistan: envoy

The French companies are interested to invest here in different sectors, said Counsel General of France. While talking to media-men at a reception hosted for the Swiss Consul General here, French Consul General, Didier Talpain, expressed his satisfaction
Published 06 May, 2018 12:00am
CTD nabs four terror suspects

CTD nabs four terror suspects

The Counter Terrorism Department (CTD) of Sindh police claimed to have arrested four suspected terrorists associated with an outlawed organization during separate raids in the metropolis in the wee hours of Saturday. According to details, the CTD personne
Published 06 May, 2018 12:00am
Tens of thousands stage anti-Macron protest in Paris

Tens of thousands stage anti-Macron protest in Paris

Depicting the object of their ire as Napoleon, Dracula, Jupiter, a banker-king and Margaret Thatcher, tens of thousands marched through central Paris on Saturday to protest against President Emmanuel Macron's sweeping reforms, a year after he took office.
Published 06 May, 2018 12:00am
US man who killed Indian immigrant sentenced to life

US man who killed Indian immigrant sentenced to life

A man in the US state of Kansas who shot dead an Indian immigrant while shouting "get out of my country" was sentenced Friday to life in prison. Adam Purinton had previously pleaded guilty to the racial slur-filled, drunken attack in February last year at
Published 06 May, 2018 12:00am
Swiss clinic slams Australia over scientist, 104, who wants to die

Swiss clinic slams Australia over scientist, 104, who wants to die

A member of a Swiss clinic set to help Australia's oldest scientist end his life has said it is an "atrocity" that Australia had not allowed the 104-year-old to die at home. David Goodall, who caused a stir two years ago when his university tried unsucces
Published 06 May, 2018 12:00am
Rohingya will be safe in areas 'designated' for them: Myanmar army chief

Rohingya will be safe in areas 'designated' for them: Myanmar army chief

Rohingya refugees who return to Myanmar will be safe as long as they stay in the model villages built for them, the country's army chief has said, renewing fears they will be kept in settlements indefinitely. Some 700,000 Rohingya Muslims fled Buddhist-ma
Published 06 May, 2018 12:00am
Sierra Leone holds first national cleanup day

Sierra Leone holds first national cleanup day

Sierra Leone on Saturday held its first "national cleaning day" under new President Julius Maada Bio as part of a campaign to improve hygiene and the work rate of civil servants. In the capital Freetown's largest slum Kroo Bay hundreds of men and women si
Published 06 May, 2018 12:00am
Five dead in explosion in Gaza Strip

Five dead in explosion in Gaza Strip

Five people were killed in an explosion in the central Gaza Strip on Saturday in what was thought to be an accidental blast, residents and the health ministry said. Gaza's health ministry confirmed five people were killed and three others wounded in what
Published 06 May, 2018 12:00am
Tens of thousands march for Scottish independence

Tens of thousands march for Scottish independence

Tens of thousands of people, many waving the Saltire flag and beating drums, marched through the streets of Glasgow on Saturday in support of Scottish independence. Police estimated around 35,000 people turned out for the five kilometre march from Kelving
Published 06 May, 2018 12:00am
Teenager raped, burned to death in India

Teenager raped, burned to death in India

Two men burned a teenager alive at her home in eastern India a day after raping her, police said Saturday, in the latest case of sexual violence in the country. The 16-year-old was abducted from her home when her family was away to attend a wedding and ra
Published 06 May, 2018 12:00am
Iran government 'does not approve' Telegram blockage

Iran government 'does not approve' Telegram blockage

The Iranian government "does not approve" of the judiciary's recent blockage of the Telegram messaging app, President Hassan Rouhani said Saturday. "The recent blocking and filtering of Telegram was not implemented by the government and the government doe
Published 06 May, 2018 12:00am
Navalny, hundreds of supporters detained

Navalny, hundreds of supporters detained

Russian opposition leader Alexei Navalny was detained along with more than a thousand of his supporters on Saturday during nationwide rallies against Vladimir Putin as police used force to break up rallies in Moscow and Saint Petersburg.
Published 06 May, 2018 12:00am
Four Turkish parties unite to contest landmark polls

Four Turkish parties unite to contest landmark polls

Four Turkish opposition parties Saturday announced they had formed a coalition to challenge President Recep Tayyip Erdogan in snap elections on June 24. After the landmark vote, a new presidential system agreed in an April 2017 referendum will come into f
Published 06 May, 2018 12:00am
Seven Polish miners missing after quake hits coal pit

Seven Polish miners missing after quake hits coal pit

Seven Polish miners were missing Saturday after a quake hit a coal mine in the country's southern Silesia region, the national mining office said. The quake, whose cause was not yet clear, hit the Zofiowka mine at 11:00 am (0900 GMT) about 900 metres (300
Published 06 May, 2018 12:00am
South Sudan diplomat shot dead by mistake in Central Africa

South Sudan diplomat shot dead by mistake in Central Africa

An aide to South Sudan's ambassador to Central Africa was shot and killed apparently by mistake in Bangui on Friday, by men from the Central Office for the Suppression of Banditry (OCRB), government sources told AFP. The incident took place after the OCRB
Published 06 May, 2018 12:00am
Thousands flee after Hawaii quake triggers new volcano eruptions

Thousands flee after Hawaii quake triggers new volcano eruptions

Thousands of people have been forced to flee after a magnitude 6.9 earthquake shook Hawaii's Big Island, triggering the collapse of a coastal cliff and prompting fresh eruptions of a volcano that has been spewing lava near residential areas. No injuries h
Published 06 May, 2018 12:00am
Tensions brew on Yemen's Socotra after UAE deployment

Tensions brew on Yemen's Socotra after UAE deployment

A Saudi delegation is on the strategic Yemeni island of Socotra in a bid to defuse tensions which erupted after the United Arab Emirates deployed troops there, Yemeni state media reported. The UAE is a key partner in a Saudi-led coalition that has been fi
Published 06 May, 2018 12:00am
NASA blasts off Mars-bound spaceship, InSight, to study quakes

NASA blasts off Mars-bound spaceship, InSight, to study quakes

NASA on Saturday launched its latest Mars lander, called InSight, designed to perch on the surface and listen for "Marsquakes" ahead of eventual human missions to explore the Red Planet. "Three, two, one, liftoff!" said a NASA commentator as the unmanned
Published 06 May, 2018 12:00am
Britain backs French plan for European defence force: minister

Britain backs French plan for European defence force: minister

Britain is backing a French plan to create a European military intervention force as a way to maintain strong defence ties with the EU after Brexit, a minister told AFP on Saturday. British junior defence minister Frederick Curzon said London was "very ke
Published 06 May, 2018 12:00am
British PM defies expectations in England local elections

British PM defies expectations in England local elections

British Prime Minister Theresa May's Conservative Party fared better than expected in local elections in England as the final results were announced early Saturday, in her first test at the polls since losing her parliamentary majority last year.
Published 06 May, 2018 12:00am
Malaysia PM's party sacks key figures ahead of poll

Malaysia PM's party sacks key figures ahead of poll

Malaysia's most powerful political party expelled two key figures for throwing their support behind the opposition just days ahead of a closely-fought election, the state news agency reported Saturday. Prime Minister Najib Razak's United Malays National O
Published 06 May, 2018 12:00am
US Navy reactivates its Atlantic second Fleet

US Navy reactivates its Atlantic second Fleet

A top US navy admiral announces the re-establishment of the US 2nd Fleet - a Cold War command disbanded in 2011 - to patrol the North Atlantic and face a resurgent threat from Russia. The chief of US Naval Operations, Admiral John Richardson, made the ann
Published 06 May, 2018 12:00am
US condemns China for 'Orwellian nonsense' over airline websites

US condemns China for 'Orwellian nonsense' over airline websites

The White House on Saturday sharply criticized China's efforts to force foreign airlines to change how they refer to Taiwan, Hong Kong and Macau, labeling China's latest effort to police language describing the politically sensitive territories as "Orwell
Published 06 May, 2018 12:00am
Second warm-up match: Shadab Khan strikes against Northamptonshire

Second warm-up match: Shadab Khan strikes against Northamptonshire

Pakistan leg-spinner Shadab Khan took six wickets on the first day of the tourists' warm-up match against Northamptonshire at Wantage Road on Friday. Shadab took six for 77 in 19 overs as Northamptonshire made 259 on the opening day of this four-day match
Published 06 May, 2018 12:00am
Nur Khan Memorial National Open Golf begins

Nur Khan Memorial National Open Golf begins

The second edition of prestigious Nur Khan Memorial Open Golf Championship over 54-holes got under way under the aegis of PAF Sports Board Control Committee here on Saturday at PAF Golf Course. Air Vice Marshal Sarfaraz Khan, Air Officer Commanding Northe
Published 06 May, 2018 12:00am
Panathinaikos close to sale

Panathinaikos close to sale

Thai entrepreneur Pairoj Piempongsant on Saturday took a step closer to acquiring a majority stake in financially-troubled Greek club Panathinaikos, Greek media reported. Piempongsant met current owner Yiannis Alafouzos in Athens and agreed that his firm
Published 06 May, 2018 12:00am
West Brom stave off drop, Stoke relegated

West Brom stave off drop, Stoke relegated

Jake Livermore kept alive West Bromwich Albion's slender hopes of avoiding relegation as his last-gasp strike clinched a dramatic 1-0 win over Tottenham, while Stoke were relegated after a 2-1 defeat against Crystal Palace on Saturday. Albion knew only th
Published 06 May, 2018 12:00am
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