News Archives for Latest - 2018-06-05

Financial

Wall Street rises on US-EU trade relations optimism

NEW YORK: Wall Street's major indexes rose on Thursday as reports that the United States and the European Union may

Updated 05 Jul, 2018 09:43pm

Pakistan Top News

Electronic monitoring system devised for resolving Hajj -2018 complaints

ISLAMABAD: The Ministry of Religious Affairs and Interfaith Harmony devised an electronic monitoring system for promptly

Updated 27 Jun, 2018 01:08pm

General News

It is our moral, religious duty to take care of disable persons

ISLAMABAD: Hashoo Foundation organized a ceremony on Tuesday in which special children performed demonstration enthu

Updated 27 Jun, 2018 01:05pm

Football

Ronaldo joins Portugal for FIFA World Cup campaign

As Portugal look forward for FIFA World Cup 2018, Portuguese legend Cristiano Ronaldo has joined the national squad

Updated 12 Jun, 2018 09:52am

Sports

Murray delays comeback but still hoping to make Wimbledon

LONDON: Andy Murray has postponed his return from hip surgery but the former world number one still hopes to be back

Published 05 Jun, 2018 11:37pm

North America

Trump-Kim summit set for Singapore's Sentosa Island: White House

WASHINGTON/SINGAPORE: The summit between U.S. President Donald Trump and North Korean leader Kim Jong Un will be on

Published 05 Jun, 2018 11:36pm

Sports

Nadal, Sharapova eye French Open semi-finals

PARIS: Rafael Nadal sets his sights on a 27th Grand Slam semi-final when he faces Diego Schwartzman of Argentina in

Published 05 Jun, 2018 11:34pm

Energy

Brent gains after reaching one-month low on supply concerns

NEW YORK: Brent crude reversed losses on Tuesday, after hitting its lowest price in nearly a month following a repor

Published 05 Jun, 2018 11:55pm

Commodities

Copper hits 6-week peak on worries over Escondida wage talks

LONDON: Copper hit a six-week high on Tuesday as concerns about the potential supply impact of wage negotiations at

Published 05 Jun, 2018 11:20pm

Financial

Dollar reverses gains as euro rallies on Italy, ECB comments

NEW YORK: The dollar fell on Tuesday, reversing gains to a near six-month high, as the euro rallied after Italian Pr

Published 05 Jun, 2018 11:02pm

Financial

Tech stocks at record high as FAANGs and BATTS bite

LONDON: World tech stocks hit a record high on Tuesday spurred on by an all-time peak for Apple, a 17-year top for E

Published 05 Jun, 2018 10:45pm

Middle East

Qatar says it wants to join NATO

DOHA: Qatar's defence minister said on Tuesday that his country's long-term strategic "ambition" is to join the West

Published 05 Jun, 2018 09:15pm

Featured Photos

Hawaii Volcano

Lava erupts in Leilani Estates during ongoing eruptions of the Kilauea Volcano in Hawaii, U.S., June 5, 2018. Co

Published 05 Jun, 2018 11:30pm

Pakistan Top News

Profiles of Caretaker Cabinet Ministers

ISLAMABAD: A six-member caretaker cabinet took oath of office here Tuesday with a pledge to run the affairs of the g

Published 05 Jun, 2018 11:18pm

Featured Photos

Aquatic forest park

Tourists visit an aquatic forest park in Lizhong Township of Xinghua, east China's Jiangsu Province. INP &nbsp

Published 05 Jun, 2018 09:06pm

Sports

Mayweather heads Forbes money list, but no women in top 100

LOS ANGELES: Boxer Floyd Mayweather reclaimed his place at the top of Forbes' annual ranking of the 100 highest-paid

Published 05 Jun, 2018 08:56pm

Financial

European stocks turn lower as political fears resurface

LONDON: Most European stock markets turned lower towards the close Tuesday as political and trade uncertainties push

Published 05 Jun, 2018 08:54pm

Football

Iran first World Cup team to arrive in Russia

MOSCOW: Iran became the first team Tuesday to arrive in Russia for the World Cup, a month-long celebration of footba

Published 05 Jun, 2018 11:25pm

Europe

Putin says EU should lift sanctions

VIENNA: Russian President Vladimir Putin said Tuesday the Europan Union should end damaging sanctions against Mosco

Published 05 Jun, 2018 11:45pm

Pakistan

ECP to hold free, fair elections in country: Qayyum

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Senator Lt. Gen (Retd) Abdul Qayyum Tuesday expressed hope that Elec

Published 05 Jun, 2018 11:00pm

General News

PML-N resolved major issues during five year term: Miftah

ISLAMABAD: Pakistan Muslim League Nawaz (PML-N) leader Miftah Ismail Tuesday said that visionary PML-N leadership an

Published 05 Jun, 2018 11:40pm

General News

CJ takes notice on acquittal of Khadija's attacker

ISLAMABAD: Chief Justice of Pakistan, Mian Saqib Nisar on Tuesday took notice of the acquittal of Khadija’s attacker

Published 05 Jun, 2018 10:40pm

General News

LCCI hails SC action on KBD & water issues

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) on Tuesday welcomed the action taken by the Supreme Court (SC

Published 05 Jun, 2018 10:20pm

General News

Record budget increase to usher area into new phase of development: CM

GILGIT: Chief Minister Gilgit Baltistan, Hafiz Hafeez-ur-Rehman Tuesday said that Gilgit Baltistan has witnessed a n

Published 05 Jun, 2018 10:00pm

General News

UNGA elects Ecuador's Espinosa Graces as its next president; Pakistan hails

UNITED NATIONS: The UN General Assembly has elected Ecuador Foreign Minister Mar'a Fernanda Espinosa Garces as pres

Published 05 Jun, 2018 09:40pm

Pakistan

Country made record development in PML-N govt tenure: Shehbaz Sharif

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif on Tuesday said that generating ample electric

Published 05 Jun, 2018 09:20pm

General News

Profile of Dr. Shamshad Akhtar

ISLAMABAD: Dr. Shamshad Akhtar Tuesday took oath Caretaker Minister for Finance, Revenue and Economic Affairs, Stati

Published 05 Jun, 2018 09:00pm

General News

Profile of Abdullah Hussain Haroon

ISLAMABAD: Abdullah Hussain Haroon Tuesday took oath as Caretaker Minister for Foreign Affairs, Defence and Defence

Published 05 Jun, 2018 08:40pm

General News

Algeria joins world in celebrating int'l day of living together in peace: Algerian President

ISLAMABAD: President of the People's Democratic Republic of Algeria, Abdelaziz Bouteflika said that Algeria, in unis

Published 05 Jun, 2018 08:20pm

World Top News

Iran steps up pressure with plan to boost uranium enrichment capacity

TEHRAN: Iran said Tuesday it has launched a plan to boost uranium enrichment capacity with new centrifuges, raising

Published 05 Jun, 2018 08:15pm

Pakistan Top News

SC summons Nawaz in Asghar Khan case

ISLAMABAD: The Registrar office of the Supreme Court on Thursday issued summoned for Former Prime Minister Nawaz Sha

Published 05 Jun, 2018 07:33pm

General News

Pakistan Participates in EU Development Days Event

ISLAMABAD: Sindh Union Council and Community Economic Strengthening Support (SUCCESS) a joint programme of Governmen

Published 05 Jun, 2018 07:40pm

World Top News

Trump pushes separate trade deal with Canada: White House

WASHINGTON: President Donald Trump is "seriously contemplating" making separate trade deals with Canada and Mexico i

Published 05 Jun, 2018 07:23pm

General News

Thousands of faithful sit for Itikaf

MULTAN: Thousands of the faithful sat for Itikaf in different Masajid of the city, here on Tuesday evening. The c

Published 05 Jun, 2018 07:19pm

Africa

Zimbabwe opposition marches for reform ahead of polls

HARARE: Thousands of Zimbabwean opposition supporters took to the streets on Tuesday to call for electoral reforms to pr

Published 05 Jun, 2018 04:03pm

Industry

Unloved Airbus A380s to be stripped for parts

FRANKFURT AM MAIN: Two Airbus A380 superjumbos once flown by Singapore Airlines are to become the first of the iconic do

Published 05 Jun, 2018 04:02pm

North America

Trump appeals court ruling he can't block Twitter critics

NEW YORK: The US Department of Justice on Wednesday said it will appeal a federal judge's ruling last month that Preside

Published 05 Jun, 2018 03:56pm

North America

Rising US services sector sees mounting backlogs

WASHINGTON: Expansion in the US services sector, a key driver of the world's largest economy, gathered pace in May on st

Published 05 Jun, 2018 03:54pm

World

More payments in euros but greenback still rules: ECB

FRANKFURT AM MAIN: The euro almost matched the dollar with a more than one-third share of global payments in 2017, the E

Published 05 Jun, 2018 03:52pm

Middle East

Kurds to pull out of strategic Syria town after deal

BEIRUT: The leading Syrian Kurdish militia said Tuesday it would withdraw from Manbij, easing fears of a direct clash be

Published 05 Jun, 2018 03:52pm

World

Half million killed in Brazil's deadly decade: study

RIO DE JANEIRO: More than half a million people were killed in homicides between 2006 and 2016 in Brazil, according to

Published 05 Jun, 2018 03:51pm

Football

FIFA files criminal complaint against ticket seller Viagogo

GENEVA: FIFA on Tuesday said it had filed a criminal complaint against the controversial secondary ticketing firm Viagog

Published 05 Jun, 2018 03:50pm

General News

ECP starts receiving nomination papers of candidates for general election

QUETTA: The process for submitting nomination papers including nationalists, religious parties and independents candidat

Published 05 Jun, 2018 03:48pm

General News

FPCCI felicitates Fazlur Rehman on appointment as Caretaker CM

KARACHI: President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Ghazanfar Bilour and others have e

Published 05 Jun, 2018 03:26pm

General News

Rain forecast alarms administration against possible difficulties

KARACHI: Forecast for much awaited rainfall in Karachi has put the city administration on red alert so as to avert tran

Published 05 Jun, 2018 03:18pm

General News

Rangers arrest three accused including target killer

KARACHI: The Pakistan Rangers -Sindh launched operations in various parts of the city and arrested three accused alleged

Published 05 Jun, 2018 03:16pm

North America

NASA chief in talks with companies about running ISS: report

Washington: The head of the US space agency is in talks with several global companies about taking over day-to-day oper

Published 05 Jun, 2018 03:15pm

Life & Style

UK new car sales rise for second month in a row

LONDON: British new car registrations rose for the second month in a row in May, recording an annual 3.4 percent increas

Published 05 Jun, 2018 03:13pm

Financial

South Korean stocks gain for fourth session, won edges up

SEOUL: Round-up of South Korean financial markets: South Korea's KOSPI stock index rose on Tuesday, shrugging off a w

Published 05 Jun, 2018 03:12pm

Industry

Sharp to buy Toshiba PC business, issue $1.8bn in new shares

TOKYO: Japan's Sharp Corp said it will buy Toshiba Corp's personal computer business and issue $1.8 billion in new share

Published 05 Jun, 2018 03:10pm

Money & Banking

Russian bank VTB says acquires 40pc stake in Tekhnoserv

MOSCOW: Russia's VTB bank said on Tuesday it had bought a 40 percent stake in Russian system integrator Tekhnoserv from

Published 05 Jun, 2018 03:10pm

Europe

Russia to up daily FX purchases to $307mn on June 7-July 5

MOSCOW: Russia's Finance Ministry said on Tuesday it would increase its daily purchases of foreign currency for state re

Published 05 Jun, 2018 03:08pm

Commodities

Rusal's May aluminium exports up threefold

MOSCOW: United Company Rusal, the world's second biggest aluminium producer, in May increased aluminium exports to 197,0

Published 05 Jun, 2018 03:06pm

Financial

Rouble steady ahead of state FX purchases announcement

MOSCOW: The rouble was stable in early trade on Tuesday ahead of the finance ministry's announcement of its foreign curr

Published 05 Jun, 2018 03:06pm

Asia

Philippine Airlines expects to be more cost efficient on long-haul flights

SYDNEY: Philippine Airlines Inc, which has been reporting losses on its New York route, expects cost efficiency to impro

Published 05 Jun, 2018 03:05pm

Commodities

NY coffee may drop more to $1.2040

SINGAPORE: New York July coffee may drop more to $1.2040 per lb, as it has broken a support at $1.2170. The support w

Published 05 Jun, 2018 03:02pm

Real Estate

Norway's housing prices rose 1.1pc S/A in May

OSLO: Norwegian seasonally adjusted housing prices rose by 1.1 percent in May from April, a real estate industry associa

Published 05 Jun, 2018 03:02pm

Financial

Abu Dhabi gains on TAQA, property stocks steady in Dubai

DUBAI: Gulf stocks were mostly higher on Tuesday, with Abu Dhabi shares boosted by gains in energy firm Abu Dhabi Nation

Published 05 Jun, 2018 03:01pm

Financial

Kenyan shilling appreciates against the dollar

NAIROBI: The Kenyan shilling gained against the dollar on Tuesday supported by inflows from offshore investors and a few

Published 05 Jun, 2018 03:00pm

Asia

Japan policy strategy review calls for incentives to offset sales tax hike

TOKYO: Japan's government needs to carry out a nationwide sales tax hike as scheduled for October 2019 but should introd

Published 05 Jun, 2018 03:00pm

Financial

Indonesia raises 11.7 trillion rupiah in bond auction

JAKARTA: Indonesia raised 11.7 trillion rupiah ($843.12 million) in a bond auction on Tuesday, above its indicative targ

Published 05 Jun, 2018 02:59pm

Financial

Hong Kong shares rise, aided by China services sector survey

HONG KONG: Hong Kong shares rose slightly on Tuesday, with sentiment aided by a private survey showing China's services

Published 05 Jun, 2018 02:56pm

Europe

Greece reaches deal with lenders on gas company DEPA sale

ATHENS: Greece has reached a deal with its foreign creditors on a plan to privatise its gas utility DEPA, the energy min

Published 05 Jun, 2018 02:55pm

Europe

Germany: no question of Russia rejoining G7

BERLIN: There is no question that the Group of Seven rich nations will welcome Russia back to their club, a senior Germa

Published 05 Jun, 2018 02:55pm

Financial

Financials dent FTSE 100 after RBS stake sale

LONDON: Royal Bank of Scotland weighed on Britain's FTSE 100 on Tuesday after the government sold a stake in the bank, w

Published 05 Jun, 2018 02:54pm

Europe

EU's Juncker says Italy is at the heart of Europe, deserves respect

BRUSSELS: The president of the European Commission said on Tuesday that Italy is a pillar of the European Union and that

Published 05 Jun, 2018 02:53pm

Financial

European shares' recovery loses steam as financials weigh; tech gains

MILAN: A two-day recovery in European shares lost steam on Tuesday as the lack of progress in US-China trade talks and p

Published 05 Jun, 2018 02:52pm

Financial

Euro zone retail sales growth slows in April from March

BRUSSELS: Monthly retail sales in the 19-countries sharing the euro currency grew at a slower pace in April than in Marc

Published 05 Jun, 2018 02:52pm

Financial

Dollar stabilises below last week's highs, supported by data, yields

LONDON: The dollar stabilised on Tuesday just below its six-month high of last week, as investors awaited data that migh

Published 05 Jun, 2018 02:51pm

Money & Banking

Czech central bank governor: faster wages, weaker crown may bring earlier hike

BRATISLAVA: The Czech National Bank may raise interest rates sooner than expected as faster wage growth and a weaker-tha

Published 05 Jun, 2018 02:50pm

Asia

China's May export, import growth seen slowing slightly

BEIJING: China's exports and imports are expected to have grown at a firm pace in May but slightly slower than the previ

Published 05 Jun, 2018 02:50pm

Financial

China stocks climb as survey shows steady services growth

SHANGHAI: China stocks firmed on Tuesday, after a private survey showed the services sector expanded at a steady pace in

Published 05 Jun, 2018 02:49pm

World

China shows faster pace of economic restructuring, but still relying on credit: Moody's

BEIJING: China's economic restructuring is picking up pace, with its manufacturing sector showing signs of a shift to hi

Published 05 Jun, 2018 02:47pm

Commodities

China iron ore futures rise on mine closures; inventories stay high

BEIJING: China's Dalian iron ore futures rose on Tuesday on concerns of tight supplies after a report said Tangshan city

Published 05 Jun, 2018 02:47pm

Money & Banking

Britain takes $2.68 billion loss on RBS share sale

LONDON: Britain has sold some of its holding in Royal Bank of Scotland, the bank which it rescued in the 2008 financial

Published 05 Jun, 2018 02:46pm

Asia

Air China resumes flights between Beijing and Pyongyang

SHANGHAI: State carrier Air China will resume regular flights between Beijing and Pyongyang on Wednesday, a company off

Published 05 Jun, 2018 02:45pm

General News

IGP orders strict security during last 10 Ashra of Ramzan

KARACHI: Inspector General of Police (IGP) Sindh AD Khowaja on Tuesday directed police to make foolproof security measur

Published 05 Jun, 2018 02:08pm

Business & Economy

FPCCI felicitates Fazlur Rehman

KARACHI: The higher hierarchy of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) including Ghazanfar

Published 05 Jun, 2018 02:06pm

Business & Economy

Tea imports into the country witnessed increase of 9.04 percent

ISLAMABAD: The tea imports into the country witnessed increase of 9.04 percent during the first 10 months of the current

Published 05 Jun, 2018 02:05pm

General News

Rangers, police arrest alleged murderer

KARACHI: Pakistan Rangers and Sindh police on Tuesday in a joint operation arrested an accused over his involvement in a

Published 05 Jun, 2018 02:03pm

General News

Cleaning of Nullahs ordered in district Central

KARACHI: Chairman DMC Central Rehan Hashmi has directed to expedite cleaning of about 40km long main drains of DMC Centr

Published 05 Jun, 2018 02:02pm

Pakistan Top News

Six-member caretaker Cabinet sworn in

ISLAMABAD: A six-member caretaker cabinet took oath of office here Tuesday with a pledge to run the affairs of the gover

Published 05 Jun, 2018 01:05pm

Industry

Saudi Aramco names new head of finance after govt reshuffle

DUBAI: Saudi Aramco has named at least five new heads of departments including its finance unit after a government reshu

Published 05 Jun, 2018 01:01pm

General News

IRSA releases 217,200 cusecs water

ISLAMABAD: The Indus River System Authority (IRSA) Tuesday released 217,200 cusecs water from various rim stations with

Published 05 Jun, 2018 01:00pm

Financial

Euro zone bonds steady on solid Italian, Spanish business surveys

LONDON: Italian borrowing costs rose from fortnightly lows on Tuesday but euro zone bond markets largely held steady aft

Published 05 Jun, 2018 12:59pm

General News

COAS chairs maiden meeting of NUTECH's BoG

RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa Tuesday chaired the inaugural meeting of Board of Gover

Published 05 Jun, 2018 12:54pm

General News

Govt committed to providing health facilities to people CM GB

GILGIT: Chief Minister Gilgit Baltistan, Hafiz Hafizur Rehman said Tuesday that the government was committed to providin

Published 05 Jun, 2018 12:52pm

General News

Educational bodies for inclusion of 18 points in political parties upcoming elections manifesto

ISLAMABAD: On the eve of general elections 2018 for consideration of political parties, the higher educational organizat

Published 05 Jun, 2018 12:51pm

General News

PML-N to form National Commission to reach truth: Nawaz Sharif

ISLAMABAD: Quaid Pakistan Muslim League -N Muhammad Nawaz Sharif Tuesday said his party will seek formation of a Nationa

Published 05 Jun, 2018 12:46pm

Business & Economy

Over Rs494mn released for Revenue Division projects

ISLAMABAD: The government has so far released Rs494.994 million for various ongoing and new projects of Revenue Division

Published 05 Jun, 2018 12:45pm

Commodities

Philippines awards five firms in 250,000-tonne rice tender

HAMBURG: The Philippines' National Food Authority on Tuesday made final awards to five trading houses in its purchase of

Published 05 Jun, 2018 12:43pm

Pakistan Top News

PM directs power ministry to overcome electricity losses

ISLAMABAD: Caretaker Prime Minister Justice (retd) Nasir-ul-Mulk Tuesday directed Ministry of Power to take steps to ove

Published 05 Jun, 2018 12:41pm

Commodities

Malaysia's May palm oil stockpiles seen hitting 8-month low

KUALA LUMPUR: Palm oil inventories in Malaysia, the world's second-largest producer, are expected to slip to an eight-mo

Published 05 Jun, 2018 12:40pm

Pakistan Top News

Pak Railways to run 5 special trains on Eid

ISLAMABAD: Pakistan Railways will run five special trains on Eid-ul-Fitr across the country to extend maximum facilities

Published 05 Jun, 2018 12:38pm

Financial

Tech stock gains lift emerging equities to three week high

LONDON: Healthy gains in tech stocks lifted emerging market equities to a three-week high on Tuesday while Mexico's peso

Published 05 Jun, 2018 12:38pm

Energy

Brent crude tilts lower as investors weigh supply rises

LONDON: Brent crude futures eased on Tuesday, giving up early gains, as investors weighed the chances that global supply

Published 05 Jun, 2018 12:35pm

Pakistan Top News

Rs 741.6bn released for development projects under PSDP 2017-18

ISLAMABAD: The government has released over Rs 741.6 billion under its Public Sector Development Programme (PSDP) 2017-1

Published 05 Jun, 2018 12:35pm

Financial

Belgium sells 1.3bn euros in short-term debt

BRUSSELS: Belgium sold 1.3 billion euros ($1.52 billion) of short-term debt at an auction on Tuesday, the country's debt

Published 05 Jun, 2018 12:34pm

Financial

Sterling jumps after services data, but Brexit still muddies outlook

LONDON: Sterling jumped on Tuesday after a survey showed companies in Britain's dominant services sector grew more quick

Published 05 Jun, 2018 12:33pm

General News

Gas companies to give over one mn new connections in 2018-19

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) will provide over one

Published 05 Jun, 2018 12:32pm

Financial

Tech stocks on a tear as FAANGs and BATTS bite

LONDON: World tech stocks hit a record high on Tuesday, spurred on by a new all-time peak for Apple, a 17-year top for E

Published 05 Jun, 2018 12:32pm

Commodities

Copper rises above $7,000/T on worries over Escondida mine

LONDON: Copper hit a six-week high on Tuesday as concerns over the potential supply impact of wage negotiations at the w

Published 05 Jun, 2018 12:31pm

General News

ADB launches sustainability report

ISLAMABAD: The Asian Development Bank (ADB) increased its financing for environmental sustainability and reduced its cor

Published 05 Jun, 2018 12:29pm

Financial

Czech crown leads gains as EU political tensions ease

BUDAPEST/WARSAW: The Czech crown rose on Tuesday after the central bank governor said rates may rise sooner than expecte

Published 05 Jun, 2018 12:27pm

Money & Banking

Goldman Sachs, KKR invest $360mn in Portugal start-up

LISBON: Portugal's OutSystems, a low-code application platform, has raised $360 million from Goldman Sachs and US invest

Published 05 Jun, 2018 12:26pm

Financial

SE Asia Stocks-Most rise; Philippines, Indonesia gain over 1pc

SINGAPORE: Most Southeast Asian stock markets closed higher on Tuesday, drawing confidence from gains on Wall Street, wi

Published 05 Jun, 2018 12:24pm

Payment Cards usage on rise, crosses 40mn mark

ISLAMABAD: The number of users of payment cards issued by banks is on rise in the country as total number of payments ca

Published 05 Jun, 2018 12:23pm

General News

Strong coordination needed to promote heritage sites: Senate Committee

ISLAMABAD: Senate Standing Committee on Information, Broadcasting, National History and Literary Heritage in its meeting

Published 05 Jun, 2018 12:21pm

2.4mn SMS received to get fresh currency notes: SBP

ISLAMABAD: State Bank of Pakistan (SBP) has received a weighty response from public against SMS service (8877) as so far

Published 05 Jun, 2018 12:19pm

World

South Africa's economy shrinks in Q1 as farming slumps, rand falls

PRETORIA: South Africa's economy contracted more than expected in the first quarter led by a slowdown in agriculture and

Published 05 Jun, 2018 12:19pm

Commodities

Gold steady amid rising risk appetite and US rate-hike prospects

LONDON: Gold prices were little changed on Tuesday as investor focus shifted to bullish global economic fundamentals and

Published 05 Jun, 2018 12:18pm

General News

KP governor for keeping pace with advancing world to secure respectable position

PESHAWAR: The Khyber Pakhtunkhwa Governor, Engr. Iqbal Zafar Jhagra Tuesday underlined for keeping pace with the rapidly

Published 05 Jun, 2018 12:17pm

Managed Funds

Croatia's T-bill auction misses target amid low yields

ZAGREB: Croatia sold 313 million kuna ($49.63 million) worth of bills at an auction on Tuesday, well below its 600-milli

Published 05 Jun, 2018 12:17pm

General News

Martyrdom of Hazrat Ali (RA) to be observed tomorrow

LAHORE: Like other parts of the Muslim World, the martyrdom day of Hazrat Ali (RA) will be observed with religious fervo

Published 05 Jun, 2018 12:16pm

Financial

Indian shares end lower for third session; L&T, Infosys drag

MUMBAI: Indian shares ended lower for a third straight session on Tuesday amid caution ahead of the central bank's polic

Published 05 Jun, 2018 12:16pm

World

TSMC head warns of industry risks from US, China trade spat

HSINCHU: The outgoing chairman of the world's biggest contract chip maker warned on Tuesday of the risks from a trade wa

Published 05 Jun, 2018 12:14pm

Energy

Asian LNG prices rally to four-year seasonal high as demand soars

SINGAPORE: Asian liquefied natural gas (LNG) prices have risen to their highest since 2014 for this time of the year as

Published 05 Jun, 2018 12:13pm

Front Top News

At least 60 dead after Tunisian migrant ship sinks

TUNIS/GENEVA: The death toll from a ship packed with migrants that sank off Tunisia on Sunday has risen to at least 60,

Published 05 Jun, 2018 12:12pm

Money & Banking

Malaysia's central bank governor exit terms being discussed; may resign Wednesday

SINGAPORE/KUALA LUMPUR: Malaysia is discussing the exit terms of its central bank governor Muhammad Ibrahim and an annou

Published 05 Jun, 2018 12:11pm

Energy

Middle East Crude-Dubai gains, ADNOC raises prices

SINGAPORE: Middle East crude benchmark Dubai's premium to swaps rose on Tuesday following increased trade activity on wi

Published 05 Jun, 2018 12:09pm

Commodities

South Korea's MFG buys about 132,000 T corn in tender

HAMBURG: South Korea's Major Feedmill Group (MFG) purchased about 132,000 tonnes of corn to be sourced from optional ori

Published 05 Jun, 2018 12:08pm

Money & Banking

Serbia's central bank to keep key rate at 3 percent

BELGRADE: Serbia's central bank is seen keeping its benchmark rate at 3 percent when its executive board meets on Thursd

Published 05 Jun, 2018 12:06pm

Energy

Oil nears one-month low on report US asked OPEC to raise supply

LONDON: Brent crude futures hit their lowest in close to a month on Tuesday following a report that the US government ha

Published 05 Jun, 2018 12:05pm

Europe

Spain's former PM Mariano Rajoy to stand down as leader of the people's party

MADRID: Spain's former Prime Minister Mariano Rajoy said on Tuesday he would stand down as leader of the People's Party

Published 05 Jun, 2018 12:03pm

Commodities

Palm hits near 1-month low on weak exports

MUMBAI: Malaysian palm oil futures extended declines on Tuesday to hit their lowest in nearly a month, weighed down by l

Published 05 Jun, 2018 12:02pm

Energy

Asia Distillates-Jet fuel margins edge up, cash discounts narrow

BENGALURU: Asian refining margins for jet fuel inched higher on Tuesday after falling to the lowest in more than two mon

Published 05 Jun, 2018 12:01pm

World

Bangladesh exports up 9pc in May as garment sales surge

DHAKA: Bangladesh exports in May rose 9 percent from a year ago to $3.32 billion, driven by an increase in clothing sale

Published 05 Jun, 2018 12:00pm

Money & Banking

BoE: Banks must show how they can shut down without causing market mayhem

LONDON: Britain's top banks like HSBC and Barclays will have to show investors how they can be shut without causing mayh

Published 05 Jun, 2018 11:59am

General News

Shipping activity at Port Qasim

KARACHI: Four ships, MSC Paris, MSC Candice, Royal Princes and Genaro Levoil carrying containers, Bilumen and Chemicals

Published 05 Jun, 2018 11:58am

General News

HEC deliberates on implementation of green campus framework in Pakistani universities

ISLAMABAD: Higher Education Commission (HEC) Tuesday organised a consultative meeting of the working group of 15 univers

Published 05 Jun, 2018 11:56am

Commodities

Cocoa futures fall to three-month lows, raw sugar edges up

LONDON: Cocoa futures in New York and London fell to three-month lows on Tuesday while raw sugar rebounded modestly afte

Published 05 Jun, 2018 11:56am

Business & Economy

Seafood exports increase 17.41 pc in 10 months

ISLAMABAD: The exports of fish and fish preparations from the country witnessed increase of 17.41 percent during the fir

Published 05 Jun, 2018 11:55am

Financial

Italy's bonds yields rise after new PM promises ‘radical change’

LONDON: Italy's government bonds sold off on Tuesday, after new Prime Minister Guiseppe Conte promised to bring radical

Published 05 Jun, 2018 11:54am

General News

700 faithful to observe Itikaf at Faisal Masjid

ISLAMABAD: Under the supervision of Dawah Academy of International Islamic University, Islamabad (IIUI), some 700 people

Published 05 Jun, 2018 11:54am

Africa

Suicide bombers kill 10 in attack on mosque in southeastern Niger

NIAMEY: Three suicide bombers killed 10 people at a mosque in Niger's southeastern city of Diffa who had gathered after

Published 05 Jun, 2018 11:53am

General News

IGP orders foolproof security in city

KARACHI: Sindh Inspector General of Police A.D. Khwaja has directed the police officers to ensure fool-proof security to

Published 05 Jun, 2018 11:51am

Managed Funds

Turkish bonds fall, lira weakens as central bank meeting nears

LONDON: Turkey's dollar-denominated bonds came under renewed pressure on Tuesday, with longer-dated securities suffering

Published 05 Jun, 2018 11:51am

Financial

Turkish lira's real effective exchange rate hit record low in May

ISTANBUL: The consumer price index-based real effective exchange rate of the Turkish lira fell to a record low of 77.85

Published 05 Jun, 2018 11:50am

General News

NAB arrests SITE Officer in Rs251mn corruption case

KARACHI : NAB has arrested an accused Ali Asghar Banbhan after cancellation of bail from Supreme Court of Pakistan I

Published 05 Jun, 2018 11:50am

World Top News

Jordan's king appoints economist to form new government, calls for dialogue

AMMAN: Jordan's King Abdullah tasked a former World Bank economist on Tuesday with forming a new government and urged ta

Published 05 Jun, 2018 11:49am

Industry

SoftBank's ARM cedes control of China ops to consortium for $775mn

TOKYO/HONG KONG: British chipmaker Arm Holdings, a unit of SoftBank Group Corp, will cede control of its Chinese busines

Published 05 Jun, 2018 11:46am

Commodities

India prepares sweeteners for sugar mills, cane growers

NEW DELHI: India is set to announce support measures to cut a growing sugar surplus and prop up local prices, the food m

Published 05 Jun, 2018 11:45am

Markets

RECORDER REPORT: PSX close of day

KARACHI: BRINDEX-30 closed on the upper side on Tuesday at 23,430.11 points with a positive change of 352.80 and volume

Published 05 Jun, 2018 11:25am

Pakistan

Activist Jibran Nasir to contest general election from Karachi

Human rights activist and lawyer, Mohammad Jibran Nasir, has announced that he will be contesting from Karachi in th

Updated 05 Jun, 2018 10:20am

Football

Toure accuses Guardiola of having problems with Africans

Former Manchester City midfielder Yaya Toure has accused City boss Pep Guardiola for often having problems with Afr

Published 05 Jun, 2018 10:12am

Football

Russia sends world cup football made in Pakistan to space

Pakistan can have a new achievement under its belt, after a 'Made in Pakistan' football has made into space thanks

Updated 05 Jun, 2018 10:01am

Cricket

Waqar Younis apologizes for ‘cutting cake’ in Ramazan

Pakistan legendary fast bowler Waqar Younis has apologized to his fans for cutting a cake on fellow mate Wasim Akra

Published 05 Jun, 2018 09:43am

Technology

Instagram crashes globally for some Android users

Reports have been coming in from across the globe that the popular photo-sharing app Instagram is crashing for a lo

Published 05 Jun, 2018 09:39am

Technology

Watch a ‘fireball’ asteroid racing towards Earth

Sky events have always been mesmerizing, whether it is a meteor shower or an asteroid coming towards Earth. A simil

Published 05 Jun, 2018 09:14am

Life & Style

Young risk going deaf as earphone music is so loud

ISLAMABAD: In the modern times, people love listening music without disturbing others, therefore, technology has enabled

Published 05 Jun, 2018 08:45am

Financial

Hong Kong stocks head into break with gains

Hong Kong: Hong Kong stocks ended the morning slightly higher on Tuesday following another strong lead from Wall Street

Published 05 Jun, 2018 08:32am

Front Top News

UN chief slams suicide attack on Afghan religious scholars

UNITED NATIONS: United Nations Secretary-General Antonio Guterres has condemned Monday's suicide attack in Kabul that re

Published 05 Jun, 2018 08:30am

Pakistan

Reham Khan's book causes legal battle between her and five people

Reham Khan’s upcoming autobiography has garnered great attention even before the release, as besides the ongoing feu

Updated 05 Jun, 2018 08:30am

World Top News

World is being "swamped" by harmful plastic waste: UN chief

UNITED NATIONS: The world must unite to "beat plastic pollution," United Nations Secretary-General Antonio Guterres said

Published 05 Jun, 2018 08:28am

World Top News

UN technology bank opens in Turkey, to help poor nations

UNITED NATIONS: The United Nations has opened a technology bank in Turkey that is aimed at helping poor nations leapfrog

Published 05 Jun, 2018 08:26am

Industry

SpaceX delays plans to send tourists around Moon: report

Washington: SpaceX will not send tourists around the Moon this year as previously announced, and will delay the project

Published 05 Jun, 2018 08:23am

Industry

Starbucks chief Schultz retiring, may run for president

Washington: Howard Schultz, who built a small Seattle coffee shop into the global powerhouse Starbucks, announced Monday

Published 05 Jun, 2018 08:21am

North America

Nicaraguan govt calls for new talks after 5 more protest deaths

Managua: Nicaragua's government urged its opponents Monday to return to the negotiating table, after a night of clashes

Published 05 Jun, 2018 08:19am

North America

Mexico court orders new probe into massacre of students

Mexico City: A court in Mexico has ordered a new probe into a crime that horrified the nation: the disappearance and sus

Published 05 Jun, 2018 08:15am

Technology

ASUS introduces an innovative dual-screen laptop

Since the laptops and PCs are advancing, ASUS too has unveiled new type of laptops including a dual-screen one and

Published 05 Jun, 2018 07:57am

Money & Banking

Australia keeps rates on hold ahead of growth data

Sydney: Australia's central bank kept interest rates at a record low Tuesday for a 20th consecutive meeting as it waits

Published 05 Jun, 2018 07:55am

General News

Mosques make extensive arrangements for those performing 'itikaf'

ISLAMABAD: A large number of mosques throughout the muslim countries including Pakistan have made extensive arrangements

Published 05 Jun, 2018 07:26am

Europe

Belgium to honour two police officers killed in attack

Brussels: Police from across Belgium will pay tribute on Tuesday to two female officers killed in a shooting claimed by

Published 05 Jun, 2018 07:37am

North America

Melania reappears after vanishing act sparks speculation

Washington: Melania Trump attended a White House event for military veterans on Monday, ending a 25-day absence from the

Published 05 Jun, 2018 07:35am

Pakistan Top News

President administers oath to six-member caretaker federal cabinet

The interim cabinet members appointed by caretaker Prime Minister Nasirul Mulk took the oath at President House on T

Published 05 Jun, 2018 07:35am

Arts

Van Gogh painting sells for over 7 million euros: auction house

Paris: A painting by a young Vincent Van Gogh was sold at an auction in Paris Monday for more than seven million euros (

Published 05 Jun, 2018 07:33am

Pakistan Top News

ECP appoints Justice (retd) Dost Mohammad Khan as KP chief minister

The Election Commission of Pakistan (ECP) appointed on Tuesday Justice (retd) Dost Mohammad Khan as the caretaker ch

Published 05 Jun, 2018 07:22am

Life & Style

Traditional Punjabi Footwear 'Leather Khussa' still popular in Pakistan

ISLAMABAD: Eid shopping reaches its peak, Traditional Punjabi Footwear 'Embroidered Leather Khussa' sales goes up on Eid

Published 05 Jun, 2018 07:21am

Pakistan Top News

Victim Khadija Siddiqi to challenge in SC her attacker’s acquittal by LHC

Victim Khadija Siddiqi has decided to challenge Lahore High Court’s verdict in the Supreme Court, which acquitted on

Published 05 Jun, 2018 07:01am

Cricket

Younis unhappy over UBL’s move to disband team

Pakistan leading runs scorer in Test cricket, Younis Khan, believes that United Bank Limited’s recent move to scrap

Published 05 Jun, 2018 07:15am

Technology

Check out all amazing updates Apple unveiled at WWDC 2018

Apple’s Worldwide Developers Conference (WWDC) 2018 kicked off on June 4 and it was surely full of surprises. C

Published 05 Jun, 2018 06:45am

Cricket

Asad Shafiq, Azhar Ali set to play county cricket

Pakistan senior batsmen Azhar Ali and Asad Shafiq are set to play county cricket as Men in Green prepare for eight

Published 05 Jun, 2018 05:20am

Oil and Gas

Oil prices – fickle as always

Just a few days ago, perception was rife that the two - Saudi Arabia and Russia - would not show signs of loosening amid

Published 05 Jun, 2018 05:20am

Power Generation

CPPA-G’s competitive trading market plan

One of the main aims under the Pakistan Power Sector Reforms has been to move towards a competitive trading bilateral co

Published 05 Jun, 2018 05:19am

Miscellaneous

Strengthening fiscal federalism

The unfortunate part of fiscal federalism in Pakistan is the treatment of local government”. So reads the latest paper o

Published 05 Jun, 2018 05:17am

Chemicals

Setting up the basics – chemical sector

When Nehru became the first Prime Minister of India, he undertook a number of measures to support India’s import substit

Published 05 Jun, 2018 05:16am