News Archives for Latest - 2018-06-28

World

Gunman shoots into Maryland newsroom, kills at least five

A gunman fired through a glass door at a newspaper in the Maryland capital of Annapolis and sprayed the newsroom with gu

Updated 29 Jun, 2018 05:59am

Financial

Australia shares set to rise on energy gains, NZ up

SYDNEY: Australian shares are likely to edge higher at open on Friday, in line with Wall Street stocks, with energy stoc

Published 28 Jun, 2018 11:51pm

Asia

Japan May jobless rate drops to 2.2pc

TOKYO: Japan's jobless rate dropped to 2.2 percent in May, while the availability of jobs improved to the highest in mor

Published 28 Jun, 2018 11:47pm

World

Nike profits jump on surging China sales

NEW YORK: Nike reported a jump in quarterly earnings Thursday, as sales increases in China and the US and made up for hi

Published 28 Jun, 2018 09:51pm

Sports

Tunisia celebrate first World Cup win for 40 years

SARANSK: Tunisia won their first match at a World Cup for 40 years on Thursday, beating Panama 2-1 to leave Russia on a

Published 28 Jun, 2018 09:50pm

Africa

Nigerian fuel truck 'wildfire' kills 9

LAGOS: - A fuel truck exploded in Nigeria's commercial megacity Lagos on Thursday killing nine people in a huge blaze, s

Published 28 Jun, 2018 09:47pm

Europe

Seeking Brexit progress, UK's May steps up security warnings

BRUSSELS: Prime Minister Theresa May urged EU leaders on Thursday not to risk the safety of their citizens by cutting se

Published 28 Jun, 2018 09:46pm

Commodities

CBOT wheat falls on harvest pressure ahead of USDA reports

CHICAGO: Chicago Board of Trade wheat futures closed lower on Thursday for the fourth time in five sessions, pressured b

Published 28 Jun, 2018 09:43pm

Energy

US oil prices hit 3-1/2-year high on concern over Iran sanctions

NEW YORK: Oil prices climbed on Thursday, with US crude hitting a three-and-a-half year high, bolstered by supply concer

Published 28 Jun, 2018 09:42pm

Money & Banking

US Fed reverse repos hover near 1-month high

NEW YORK: The Federal Reserve on Thursday awarded $20.42 billion in repurchase agreements at an interest rate of 1.75 pe

Published 28 Jun, 2018 09:41pm

Financial

Mexico says will hold bond issuance steady in third quarter

MEXICO CITY: Mexico's finance ministry said on Thursday it would hold steady its plans for bond issuance in the third qu

Published 28 Jun, 2018 09:39pm

World Top News

US VP Pence urges Latin America to isolate Venezuela

QUITO: US Vice President Mike Pence during a visit to Ecuador on Thursday urged Latin American countries to help isolate

Published 28 Jun, 2018 09:38pm

World

China's Alibaba decides to make investment in Turkey's Trendyol

ISTANBUL: Chinese internet giant Alibaba has decided to invest in Turkish e-commerce firm Trendyol, the Turkish company

Published 28 Jun, 2018 09:37pm

Financial

Dollar gains vs yen as risk appetite improves

NEW YORK: The US dollar rose against the yen on Thursday, as an absence of any fresh escalation in trade-related tension

Published 28 Jun, 2018 09:35pm

Europe

EU to open case against Poland over Supreme Court law

BRUSSELS: The European Commission will open a legal case against Poland to challenge a new law forcing the early retirem

Published 28 Jun, 2018 09:34pm

Financial

Wall St closes higher with help from technology and banks

NEW YORK: US stocks rose on Thursday as growth sectors such as technology rebounded from the previous session's declines

Published 28 Jun, 2018 09:33pm

Africa

Libyan strongman announces 'liberation' of Derna

BENGHAZI: Libyan strongman Khalifa Haftar announced Thursday the "liberation" of Derna, the only city in the eastern reg

Updated 28 Jun, 2018 09:31pm

Commodities

Corn, soybeans sink to 1-1/2 week lows; await USDA report

CHICAGO: US corn and soybeans futures drifted lower on Thursday ahead of a key US government report due on Friday expect

Published 28 Jun, 2018 09:28pm

Financial

C$ gets boost from July rate hike bets, higher oil prices

TORONTO: The Canadian dollar strengthened against its US counterpart on Thursday, bolstered by a 3-1/2 year high for oil

Published 28 Jun, 2018 09:26pm

Financial

Wall St advances with help from technology, financials

NEW YORK: US stocks rose on Thursday as technology and other growth sectors rebounded from the prior day's declines and

Published 28 Jun, 2018 09:10pm

Financial

Mexico peso surges, Brazil real rebounds from rout

MEXICO CITY: Mexico's peso surged on Thursday by the most in more than a year ahead of a presidential election this week

Published 28 Jun, 2018 09:03pm

Commodities

Bad Argentine crop weather cuts soy yields to lowest since 2009

BUENOS AIRES: Argentine soy yields and harvesting area have been chopped by drought to their lowest levels since the 200

Published 28 Jun, 2018 09:01pm

Financial

Trade woes drag down European stocks

NEW YORK: Trade war worries permeated European stock markets on Thursday, eating into the previous day's hard-won gains

Published 28 Jun, 2018 08:59pm

World

Amazon takes on pharmacy sector with new acquisition

WASHINGTON: Amazon set its sights on the pharmacy market Thursday with the acquisition of tech-focused retailer PillPack

Published 28 Jun, 2018 08:57pm

Industry

Facebook boosts ad transparency as it braces for elections

MENLO PARK: Facebook announced new steps Thursday to let people see who is behind ads and other content on the leading s

Published 28 Jun, 2018 08:56pm

General News

PTI issues final lists of ticket holders for NA and provincial assemblies

ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) on Thursday issued final list of ticket holders for National Assembly and four

Published 28 Jun, 2018 08:53pm

General News

NAB receives over 11,000 complaints against Eden Housing: Chairman

ISLAMABAD: Chairman National Accountability Bureau (NAB) Justice (Retd) Javed Iqbal Thursday said over 11,000 complaints

Published 28 Jun, 2018 08:52pm

General News

Disqualification decisions to raise questions on election process: Ahsan

ISLAMABAD: Former Minister for Interior Ahsan Iqbal Thursday said disqualification decisions against politicians would r

Published 28 Jun, 2018 08:51pm

Sports

Januzaj stunner sees Belgium beat England to top spot

KALININGRAD: A brilliant strike by Adnan Januzaj lit up an otherwise insipid clash as Belgium beat England 1-0 to secure

Published 28 Jun, 2018 08:48pm

Financial

US stocks end higher with banks gaining

NEW YORK: Wall Street stocks won solid gains on Thursday despite lingering trade war worries, boosted by advances in fin

Published 28 Jun, 2018 08:46pm

North America

Melania Trump makes second border visit to see migrant children

TUCSON: First Lady Melania Trump on Thursday made a second visit to meet undocumented child migrants as the United State

Published 28 Jun, 2018 08:45pm

Sports

World Cup last-16 qualifiers - collated

MOSCOW: Qualified teams for the last 16 of the World Cup after Thursday's final Group G and H matches, and those who hav

Published 28 Jun, 2018 08:44pm

Africa

DR Congo's Ebola outbreak coming to an end: minister

KINSHASA: An outbreak of the deadly Ebola virus in the Democratic Republic of Congo is just weeks away from being defeat

Published 28 Jun, 2018 08:43pm

Money & Banking

US Fed: Deutsche Bank fails 'stress test'

WASHINGTON: German banking giant Deutsche Bank's American operations failed the US Federal Reserve's stress test due to

Published 28 Jun, 2018 08:42pm

Sports

Belgium pip England to top spot as Japan sneak into World Cup last 16

KALININGRAD: Belgium beat England to top spot in their World Cup group on Thursday after Japan sneaked into the knockout

Published 28 Jun, 2018 08:42pm

Football

Japan sneak into World Cup last 16 thanks to fair play record

VOLGOGRAD: Japan's coach defended his negative tactics as his side qualified for the last 16 of the World Cup by virtue

Published 28 Jun, 2018 08:20pm

North America

133 politicians murdered ahead of Mexico elections: study

MEXICO CITY: A total of 133 politicians have been murdered in the run-up to Mexico's elections on Sunday, the consulting

Published 28 Jun, 2018 08:16pm

North America

Trump hails 'America First' at Wisconsin plant site

MOUNT PLEASANT: US President Donald Trump hailed his "America First" economic policies on Thursday, claiming credit in W

Published 28 Jun, 2018 08:12pm

North America

Mali: UN extends mission, warns progress must be made on peace

UNITED NATIONS: The 15 members of the UN Security Council on Thursday unanimously renewed its peacekeeping mission in Ma

Published 28 Jun, 2018 08:11pm

Middle East

Iraq PM orders 'immediate' execution of death row militants

BAGHDAD: Iraqi Prime Minister Haider al-Abadi on Thursday ordered the immediate execution of all convicted militants on

Published 28 Jun, 2018 08:10pm

Europe

Italy torpedoes EU summit in migration row

BRUSSELS: Italy's hardline new premier on Thursday held an EU summit hostage in an increasingly bitter row over migratio

Published 28 Jun, 2018 08:08pm

Middle East

Bloodiest day yet in south Syria offensive

BEIRUT: A barrage of Russian strikes on rebel-held towns in southern Syria killed at least 25 civilians on Thursday, the

Published 28 Jun, 2018 08:07pm

World

WTO backs Australia's neutral cigarette packs

GENEVA: The World Trade Organization on Thursday upheld Australia's right to require neutral packaging for cigarettes, o

Published 28 Jun, 2018 08:05pm

Sports

Last African team in World Cup, Senegal's Lions, go home

DAKAR: Senegalese football fans moved from hope to despair as the Teranga Lions lost against Colombia's Cafeteros 1-0, m

Published 28 Jun, 2018 08:04pm

Front Top News

Several dead in newsroom shooting in Maryland capital Annapolis: reports

WASHINGTON: Several people were reported killed Thursday at a shooting at the offices of the Capital Gazette, a daily ne

Published 28 Jun, 2018 08:00pm

Financial

World shares drop amid trade-war jitters, US health sector dips

NEW YORK: US-driven trade confrontations hurt world stock markets and US and German debt yields on Thursday, while W

Published 28 Jun, 2018 05:34pm

Top News

Bilawal vows to initiate crops insurance, introducing food card system, establishing employment bureau

ISLAMABAD: Expressing dismay and indignation over the current economic situation, Bilawal Bhutto Zardari said the co

Published 28 Jun, 2018 05:32pm

Financial

S.Africa's rand steadies after slip to new low, stocks led higher by banks

JOHANNESBURG: South Africa's rand steadied on Thursday after sliding to a new seven-month low against the dollar on

Published 28 Jun, 2018 05:30pm

Financial

Sterling falls to 8-month low as Brexit pressures grow

LONDON: The pound fell to its lowest since early November on Thursday as investors fretted that a European Union sum

Published 28 Jun, 2018 05:28pm

Pakistan Top News

US Defense Secretary says forces engaged in killing TTP leader Fazlullah

WASHINGTON: US Defense Secretary James Mattis has confirmed that forces fighting in Afghanistan were engaged in kill

Published 28 Jun, 2018 05:27pm

Energy

US oil prices hit 3-1/2-yr high on concern over Iran sanctions

NEW YORK: US oil prices rose to a three-and-a-half year high on Thursday, bolstered by supply concerns due to U.S. s

Published 28 Jun, 2018 05:26pm

Financial

Britain's FTSE dips as trade worries dull risk appetite again

LONDON: The UK's top share index fell on Thursday on renewed concerns over global trade but a strong performance of

Published 28 Jun, 2018 05:24pm

World

IMF allocates further $42.3mn tranche to Georgia

TBILISI: The IMF said on Thursday it had approved a further $42.25 million loan to Georgia after it carried out stru

Published 28 Jun, 2018 05:23pm

Commodities

Corn, soybeans ease ahead of USDA report

CHICAGO: US corn and soybeans futures drifted lower on Thursday ahead of a key U.S. government report due on Friday

Published 28 Jun, 2018 05:19pm

Commodities

European vegoils-Palm oil up as weak ringgit underpins futures

ROTTERDAM: Palm oil on the European vegetable oils market continued to rise on Thursday, tracking stronger Malaysian

Published 28 Jun, 2018 05:18pm

Pakistan Top News

SC convicts Daniyal in contempt of court proceedings

ISLAMABAD: Supreme Court of Pakistan on Thursday found former federal minister for privatization, Daniyal Aziz guilt

Published 28 Jun, 2018 05:15pm

Featured Photos

King Philip II

A visitor views 'Equestrian Portrait of King Philip II (Michael Jackson)' by Kehinde Wiley which forms part of the e

Published 28 Jun, 2018 04:41pm

Football

Colombia through to last 16 with 1-0 win, Senegal out

Yerry Mina's header secured Colombia a 1-0 win over Senegal in Samara on Thursday to clinch their safe passage to t

Published 28 Jun, 2018 04:12pm

Financial

Pharmacy shares dive as US stocks open lower

NEW YORK: Shares of pharmacy retailers were hammered early Thursday as Amazon entered the market and as Wall Street

Updated 28 Jun, 2018 04:03pm

Financial

Trade woes drag down stock markets

LONDON: Trade war worries permeated global stock markets on Thursday, eating into the previous day's hard-won gains

Published 28 Jun, 2018 04:01pm

Front Top News

NATO chief welcomes Trump-Putin summit

BRUSSELS: NATO chief Jens Stoltenberg on Thursday welcomed next month's summit between the US and Russian presidents

Published 28 Jun, 2018 03:58pm

Europe

May admits Brexit talks must quicken as EU warns time running out

BRUSSELS: British Prime Minister Theresa May on Thursday admitted the need to make "faster" progress in Brexit talks

Published 28 Jun, 2018 03:56pm

Top News

Argentina wary but confident ahead of France: Lo Celso

BRONNITSY: Argentina midfielder Giovani Lo Celso said there are "flaws" to exploit against France when the countries

Published 28 Jun, 2018 03:55pm

Pakistan Top News

Action Plan's effective implementation can bring Pakistan out of FATF's grey list: FO

ISLAMABAD: The Foreign Office on Thursday said Pakistan could be removed from the ‘grey list’ of Financial Action Ta

Published 28 Jun, 2018 03:48pm

Pakistan Top News

China’s Deputy Commander of Western military region to soon visit Pakistan

BEIJING: China’s Deputy Commander of the Western military region, Major General Liu Xiaowu will soon visit Pakistan

Published 28 Jun, 2018 03:46pm

Top News

ECP to announce candidates’ final list on Friday

ISLAMABAD: Election Commission of Pakistan (ECP) on Thursday said that as per the election schedule, the final list

Published 28 Jun, 2018 03:40pm

Top News

Around 100 observers to monitor upcoming general election: EU

ISLAMABAD: Chief Observer and German-origin Member of European Parliament Michael Gahler Thursday said a mission com

Published 28 Jun, 2018 03:38pm

Top News

Caretaker govt committed to hold free, fair, transparent and timely elections

ISLAMABAD: Federal Minister for Information, Broadcasting, National History and Literary Heritage Syed Ali Zafar sai

Published 28 Jun, 2018 03:34pm

Top News

Intl. election observers to be provided fool-proof security: Azam Khan

ISLAMABAD: Caretaker Minister for Interior, Muhammad Azam Khan on Thursday said the international election observers

Published 28 Jun, 2018 03:32pm

Business & Economy

ICCI invites Turkish businessmen to explore CPEC opportunities

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Thursday invited the Turkish businessmen to visit Pa

Published 28 Jun, 2018 03:28pm

Top News

No negligence to be tolerated in police pre-poll training: IGP

LAHORE: Inspector General of Police (IGP) Punjab Dr Syed Kaleem Imam has said that no negligence will be tolerated i

Published 28 Jun, 2018 03:26pm

General News

NAB Karachi holds 'Khuli Kachehri’

KARACHI: Director General of the National Accountability Bureau (NAB) -Karachi, Mohammed Altaf Bawany held a 'Khuli

Published 28 Jun, 2018 03:23pm

Markets

Bullion Prices on Thursday

KARACHI: Following were the Bullion Prices in Karachi and Multan on Thursday. KARACHI: (per 10 gram) Gold Teza

Published 28 Jun, 2018 03:21pm

Top News

Female voters' ratio increased by 24.29pc

ISLAMABAD: The ratio of female voters has witnessed an increase of 24.29 percent in the upcoming general election, s

Published 28 Jun, 2018 03:19pm

Top News

ECP’s pro-active role to evade pre-poll rigging stressed

ISLAMABAD: Representatives of various political parties and election mentoring watchdogs on Thursday stressed the El

Published 28 Jun, 2018 03:16pm

Business & Economy

International tourists arrival grow 6pc in first four months of 2018: UNWTO

ISLAMABAD: International tourists arrival grew by 6% percent in the first four months of the current year, compared

Published 28 Jun, 2018 03:13pm

Football

Senegal and Colombia drawing at halftime in tense encounter

Senegal and Colombia, who had James Rodriguez go off through injury after half an hour, were drawing 0-0 at halftim

Published 28 Jun, 2018 03:03pm

Top News

SBP injects Rs145bn into market

KARACHI: The State Bank of Pakistan Thursday injected Rs 145 billion into money market for one day as reverse repo p

Published 28 Jun, 2018 02:51pm

Industries & Sectors

OGDCL receivable surges to over Rs200bn

ISLAMABAD: The Senate Standing Committee on Petroleum on Thursday was apprised that receivable of Oil and Gas Develo

Published 28 Jun, 2018 02:37pm

Business & Economy

Growing budget deficit limits development budget releases to Rs752bn

ISLAMABAD: With two days to end the fiscal year, the government has released only Rs 752.14 billion so far under its

Published 28 Jun, 2018 02:36pm

Financial

Kenyan shilling under pressure, tight liquidity helping

NAIROBI: The Kenyan shilling weakened against the dollar on Thursday due to end month demand from oil importers and

Published 28 Jun, 2018 02:33pm

Financial

Commodities drag Britain's FTSE as trade worries dull risk appetite

LONDON: The UK's top share index fell on Thursday as shares in banks and commodities-related stocks dropped amid lin

Published 28 Jun, 2018 02:32pm

Financial

Dubai heads for 12-day losing streak as Saudi rises

RIYADH: Dubai stocks looked on course for a 12th straight day of losses on Thursday as construction shares fell, whi

Published 28 Jun, 2018 02:31pm

Pakistan

Peaceful, transparent elections foremost priority: caretaker CM

LAHORE: Caretaker Chief Minister Punjab Dr Hasan Askari has said that holding of peaceful and transparent elections

Published 28 Jun, 2018 02:31pm

Middle East

Iran closer to fuel self-sufficiency, aims to export: Rouhani

ANKARA: Iranian President Hassan Rouhani said on Thursday Tehran was closer to its goal of self-sufficiency in gasol

Published 28 Jun, 2018 02:29pm

General News

NAB gets remand of another accused in KDA land fraud case

KARACHI: Accountability Court has granted physical remand of accused Muhammad Kamran, additional director of Karachi

Published 28 Jun, 2018 02:28pm

Financial

Trade war fears grip stocks, dollar drives higher

LONDON: Pressure on world shares from a U.S.-driven trade dispute mounted on Thursday, as a fast-charging dollar and

Published 28 Jun, 2018 02:27pm

Commodities

TOCOM extends gains into 3rd day on bargain-hunting

TOKYO: Benchmark Tokyo rubber futures extended gains into a third session on Thursday as investors continued to look

Published 28 Jun, 2018 02:25pm

General News

31000 to perform Hajj from KP this year

PESHAWAR: At least 31000 people will perform Hajj through Government and Private schemes from Khyber Pakthunkhwa thi

Published 28 Jun, 2018 02:23pm

General News

SBP 70th anniversary celebrations on July 01

KARACHI: The State Bank of Pakistan (SBP) will celebrate its 70th anniversary on Sunday. Many activities have bee

Published 28 Jun, 2018 02:19pm

Pakistan

Political parties running election campaigns free of intimidation: Survey

ISLAMABAD: District-level political parties’ representatives have said that about 90 percent of party leaders and wo

Published 28 Jun, 2018 02:14pm

Front Top News

China praises Mattis visit, says defence minister to visit US

BEIJING: China on Thursday praised the tone of this week's visit to Beijing by U.S. Defense Secretary Jim Mattis, sa

Published 28 Jun, 2018 02:13pm

General News

NAB authorizes inquiries against DHO Mardan, others

PESHAWAR: The Regional Board Meeting (RBM) of National Accountability Bureau Khyber Pakhtunkhwa held here with Direc

Published 28 Jun, 2018 02:12pm

Asia

Malaysia's Najib says value of items seized inflated out of ‘political vengeance’

KUALA LUMPUR: Former Malaysian Prime Minister Najib Razak said on Thursday that the value attached to seized luxury

Published 28 Jun, 2018 02:10pm

Top News

SBP declares 1st coupon rate of 10-yr PIB

KARACHI: The State Bank of Pakistan (SBP) on Thursday declared 1st coupon rate of a 10-year Pakistan Investment Bond

Published 28 Jun, 2018 02:10pm

Financial

Dollar rally fizzles on euro bounce; German inflation in focus

LONDON: The dollar turned lower on Thursday, giving up early gains as rising inflation in some German regions prompt

Published 28 Jun, 2018 02:08pm

Financial

Ugandan shilling stable as central bank intervention soaks up demand

KAMPALA: The Ugandan shilling was stable on Thursday, drawing support from the central bank's sell-off of hard curre

Published 28 Jun, 2018 02:06pm

Real Estate

Paulson's top real estate executives start own firm

BOSTON: Billionaire investor John Paulson's top real estate executives are launching their own investment firm with

Published 28 Jun, 2018 02:02pm

Real Estate

China steps up property market scrutiny in 30 cities

BEIJING: China said on Thursday it would renew efforts to crack down on property irregularities in 30 major cities t

Published 28 Jun, 2018 01:58pm

Real Estate

Struan Robertson to lead Bank of America in EMEA real estate, gaming

LONDON: Bank of America Merrill Lynch has hired Struan Robertson as chairman of its real estate, gaming and lodging

Published 28 Jun, 2018 01:54pm

Energy

US oil prices steady ahead of sanctions on Iran

LONDON: Oil prices steadied on Thursday, with U.S. crude near a 3-1/2-year high, but supply remained tight with inve

Published 28 Jun, 2018 01:50pm

Life & Style

Osram says carmakers pushing back, not cancelling orders

FRANKFURT: Some of Osram's automotive customers have pushed back but not cancelled their orders amid uncertainty ove

Published 28 Jun, 2018 01:48pm

Life & Style

Panasonic flags battery shortages as Tesla Model 3 output picks up

TOKYO: A senior Panasonic Corp official on Thursday said a pickup in production of Tesla Inc's Model 3 cars, after e

Published 28 Jun, 2018 01:43pm

Life & Style

South Korea trade body asks for exemption from US auto tariffs

SEOUL: A South Korean trade group on Thursday asked the United States for exemption from a tariff on automobile impo

Published 28 Jun, 2018 01:29pm

World Top News

US says India talks ‘a priority’ after postponing twice

NEW DELHI: US Ambassador to the United Nations Nikki Haley said on Thursday that a top-level strategic dialogue with

Published 28 Jun, 2018 01:28pm

Financial

Sri Lankan shares extend fall to near 15-month closing low

COLOMBO: Sri Lankan shares declined for a fourth straight session on Thursday and posted their lowest close in nearl

Published 28 Jun, 2018 01:27pm

Financial

Sri Lankan rupee eases on dollar demand from banks, importers

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday as dollar demand from importers and banks in late

Published 28 Jun, 2018 01:22pm

Life & Style

GM to transfer Vietnam operation to Vingroup's car arm, eyes sales boost

HANOI: General Motors has agreed to transfer its Vietnamese operation to VinFast Trading and Production LLC and dist

Published 28 Jun, 2018 01:18pm

Football

'No words': Germany team heads home after World Cup drama

Germany's embattled national team braced for a cold homecoming Thursday after a shock World Cup exit that has plung

Published 28 Jun, 2018 01:17pm

Markets

RECORDER REPORT: PSX close of day

KARACHI: BRINDEX-30 closed on the upper side on Thursday at 22,150.20 points with a positive change of 207.87 and volum

Published 28 Jun, 2018 01:16pm

Business & Economy

Pakistan claims 75th spot in Global Real Estate Transparency Index 2018

Pakistan has been placed at 75th spot with a score of 3.99 in the bi-annual Global Real Estate Transparency Index

Published 28 Jun, 2018 01:13pm

Life & Style

Magna International to buy lighting products maker Olsa for $267mn

Canadian auto parts supplier Magna International Inc said on Thursday it would buy Italian company Olsa SpA for 230

Published 28 Jun, 2018 01:12pm

Commodities

Palm jumps over 1pc on weaker ringgit, palm-gasoil spread

KUALA LUMPUR: Malaysian palm oil futures rose more than 1 percent to its highest in over two weeks on Thursday, gain

Published 28 Jun, 2018 01:11pm

Energy

India preparing for cut in oil imports from Iran

NEW DELHI: India's oil ministry has asked refiners to prepare for a 'drastic reduction or zero' imports of Iranian o

Published 28 Jun, 2018 01:09pm

Industry

Jet Airways says new Boeing 737 MAX aircraft to reduce costs

MUMBAI: Jet Airways Ltd, India's biggest full-service carrier, on Thursday said its new Boeing 737 MAX 8 aircraft wi

Published 28 Jun, 2018 01:07pm

North America

Trump, Putin to meet on July 16 in Helsinki

WASHINGTON: US President Donald Trump and Russian President Vladimir Putin will hold a summit on July 16 in Helsinki

Published 28 Jun, 2018 12:51pm

Financial

Iran says Saudi plan to boost oil output ridicules OPEC

LONDON: Iran criticised Saudi Arabia's plan to raise oil output and pressure from the United States on Riyadh do so,

Published 28 Jun, 2018 01:03pm

Money & Banking

China central bank to keep policy neutral, liquidity reasonably ample

BEIJING: China's central bank said on Thursday it will maintain a prudent, neutral monetary policy, neither too tigh

Published 28 Jun, 2018 01:00pm

Money & Banking

Brazil central bank slashes 2018 GDP forecast after truckers' strike

BRASILIA/SAO PAULO: Brazil's central bank on Thursday slashed its forecast for 2018 gross domestic product growth in

Published 28 Jun, 2018 12:58pm

Financial

Indian rupee recovers from record lows after RBI intervention

MUMBAI: The Indian rupee recovered from record lows set on Thursday morning aided by dollar selling intervention by

Published 28 Jun, 2018 12:56pm

Commodities

Corn, soybean ease ahead of USDA report, wheat flat

SINGAPORE/PARIS: Chicago corn and soybeans futures lost ground on Thursday ahead of a key US government report due o

Published 28 Jun, 2018 12:53pm

Commodities

China smelter cuts boost zinc price

LONDON: Zinc rose on Thursday, edging further away from 10-month lows, after reports that top Chinese smelters plann

Published 28 Jun, 2018 12:49pm

World

US first-quarter GDP growth revised down to 2.0 percent

WASHINGTON: The US economy slowed more than previously estimated in the first quarter amid the weakest performance i

Published 28 Jun, 2018 12:47pm

North America

US weekly jobless claims rise more than expected

WASHINGTON: The number of Americans filing for unemployment benefits increased more than expected last week, but the

Published 28 Jun, 2018 12:45pm

Life & Style

Is Priyanka the reason behind Demi Lovato unfollowing Nick Jonas on Insta?

Demi Lovato and Nick Jonas have always been best buddies since their Disney days, but seems like all is not well bet

Published 28 Jun, 2018 11:58am

Technology

Samsung bug sends entire gallery to other contacts without users’ consent

Samsung users have lately been facing a serious bug that sends pictures to their contacts without their consent, sh

Published 28 Jun, 2018 11:13am

Football

Ozil clashes with German fans following early World Cup exit

Germany’s play maker Mesut Ozil clashed with furious fans after his side’s humiliating exit at the World Cup. T

Published 28 Jun, 2018 11:12am

Business & Economy

Pakistan interested to join International Solar Alliance

Pakistan alongside China has shown interest in becoming members of the International Solar Alliance (ISA), which co

Updated 28 Jun, 2018 10:53am

Asia

Mumbai light plane crash kills five

Mumbai: A small plane crashed into a construction site in a densely populated area of India's financial capital Mumbai o

Updated 28 Jun, 2018 10:53am

Middle East

Refugees begin return to Syria from Lebanon border town

ARSAL: Hundreds of Syrian refugees began returning home from the Lebanese border town of Arsal on Thursday as part o

Published 28 Jun, 2018 10:49am

Middle East

Air strikes on southern Syria kill 22 civilians: monitor

BEIRUT: A barrage of Russian air strikes on rebel-held areas of southern Syria killed 22 civilians on Thursday, a mo

Published 28 Jun, 2018 10:48am

Pakistan Top News

Ex-PM Abbasi challenges disqualification for life verdict

Former Prime Minister Shahid Khaqan Abbasi challenged on Thursday an election tribunal’s decision of disqualifying h

Published 28 Jun, 2018 10:43am

Industry

British Airways-owner IAG expands Level into short-haul with Austrian unit

LONDON: British Airways-owner IAG is expanding its new Level airline into short-haul routes, setting up a new Austrian

Updated 28 Jun, 2018 10:37am

Asia

Two boys killed in China knife attack near school

SHANGHAI: A man stabbed two boys to death outside a Shanghai elementary school on Thursday, police said, the latest in a

Updated 28 Jun, 2018 10:33am

Life & Style

Amitabh Bachchan gets mistaken for Salman Khan

Amitabh Bachchan has a huge fan following across the globe, as he is one of the most known celebrities globally. How

Published 28 Jun, 2018 10:30am

Technology

NASA captures stunning blue sand dune on Red Planet

Mars never ceases to amaze us with its uniqueness. First it was a planet-engulfing dust storm and now it seems like

Published 28 Jun, 2018 10:27am

Football

England, Belgium to battle for top spot in Group G

Fiery England are all set to battle on Thursday against skilled Belgium for the top spot in their group, as the rem

Published 28 Jun, 2018 10:20am

Technology

Users can now group video call and browse on Instagram

Instagram has been on fire lately by introducing back-to-back new features and this time around the picture sharing

Published 28 Jun, 2018 09:33am

Pakistan

LHC clears Fawad Chaudhry to contest from Jhelum's NA-67

Pakistan Tehreek-e-Insaf (PTI) Information Secretary Fawad Chaudhry has been cleared to contest from Jhelum's NA-67

Published 28 Jun, 2018 09:07am

Financial

European stock markets drop at open

London: Europe's main stock markets dropped at the start of trading on Thursday, with London's benchmark FTSE 100 index

Published 28 Jun, 2018 08:59am

Front Top News

Trump expected to meet Putin amid strained ties

WASHINGTON: U.S. President Donald Trump said on Wednesday that he will probably meet Russian President Vladimir Putin du

Published 28 Jun, 2018 08:55am

Asia

Flood deaths in northern Vietnam increase to 22

HANOI: Floods and landslides triggered by downpour over the weekend in Vietnam's northern mountainous provinces have kil

Published 28 Jun, 2018 08:52am

Front Top News

US presses UN Security Council to sanction Iran

UNITED NATIONS, United States: The United States urged fellow UN Security Council members Wednesday to punish Iran for "

Published 28 Jun, 2018 08:46am

North America

Texas executes serial killer who wanted firing squad, gas

CHICAGO: The US state of Texas on Wednesday executed a serial murderer dubbed "the ice pick killer," who had filed an un

Published 28 Jun, 2018 08:43am

Cricket

Kohli says flexible batting order can 'surprise' India's opponents

DUBLIN: Virat Kohli believes a flexible batting order will help keep India's opponents guessing while they are in Irelan

Published 28 Jun, 2018 08:41am

Europe

Ideas for ending EU's migration deadlock

BRUSSELS: Deep divisions over migration are set to resurface at an EU summit on Thursday, with warnings that failure to

Published 28 Jun, 2018 08:37am

Energy

Trade fears stalk Asian dealers but oil surge lifts energy firms

HONG KONG: Trade war worries again permeated markets across Asia on Thursday, with mixed signals from the White House fu

Published 28 Jun, 2018 08:20am

North America

Trump favors tougher foreign investment oversight but stops short of targeting China

WASHINGTON: US President Donald Trump on Wednesday said he supported tougher restrictions on foreign investment in sensi

Published 28 Jun, 2018 08:15am

Technology

Rivals Apple, Samsung settle their seven-year-long patent battle

Competitors companies Apple and Samsung have finally come to a settlement on their seven-year-long patent infringem

Published 28 Jun, 2018 08:12am

Industries & Sectors

International Steel starts new plant, brings production to 1 million MT

The International Steel Limited (ISL) has commenced production from its new plant, increasing the rolling capacity

Published 28 Jun, 2018 08:04am

World Top News

Pentagon chief seeks to reassure S. Korea, Japan on North

SEOUL: US Defense Secretary James Mattis told South Korea Thursday that their alliance remained "ironclad", as he sought

Published 28 Jun, 2018 08:03am

Europe

France charges 10 ultra-right suspects over plot to attack Muslims

PARIS: French authorities have charged 10 suspected far-right extremists in connection with an alleged plot to attack Mu

Published 28 Jun, 2018 07:59am

North America

Italian PM to visit White House on July 30: statement

Washington: US President Donald Trump will meet Italian Prime Minister Giuseppe Conte in Washington on July 30, the Whit

Published 28 Jun, 2018 07:49am

Miscellaneous

Neelum-Jhelum’s tariff assessment

Three years after its initially planned completion date, Neelum-Jhelum Hydropower Company has finally filed a tariff pet

Published 28 Jun, 2018 07:41am

Miscellaneous

Leather exports need attention

The leather sector has been under pressure for several years now with manufacturers unable to compete in international m

Published 28 Jun, 2018 07:40am

Financial

Tokyo stocks open lower on renewed trade war worries

Tokyo: Tokyo stocks opened lower on Thursday extending losses on Wall Street over revived trade war fears. The benchm

Published 28 Jun, 2018 07:38am

Financial

Hong Kong stocks head into break with gains

Hong Kong: Hong Kong stocks ended the morning session with gains following a recent sell-off, with energy firms boosted

Published 28 Jun, 2018 07:36am

Markets

RECORDER REPORT: PSX, BRIndex-30 update

KARACHI: Thursday 28, June 2018 until 12:34, BRIndex 30 was at 22,224.05 with a positive change of 281.72 and volume of

Published 28 Jun, 2018 07:34am

Miscellaneous

Wanted: job-creation

Elections are round the corner. And as usual, political parties are seen making tall promises. One such vow is the numbe

Published 28 Jun, 2018 07:27am

Miscellaneous

Trade war to benefit Pakistan’s cotton

“The Force is on Pakistan’s side”, we often hear in politics. There finally seems to be some grain of truth in it, at le

Published 28 Jun, 2018 07:17am

Technology

Mark your calendars: Samsung confirms Galaxy Note 9 launch date

Samsung fans can rejoice as the much anticipated smartphone Samsung Galaxy Note 9 has finally gotten its launch dat

Published 28 Jun, 2018 06:47am

Pakistan Top News

SC disqualifies Daniyal Aziz for five years in contempt case

The Supreme Court (SC) disqualified on Thursday former Federal Minister for Privatization Daniyal Aziz for five year

Published 28 Jun, 2018 06:43am

Life & Style

After Shah Rukh Khan, Sushant Singh Rajput now owns land on moon

Actor Sushant Singh Rajput has bought what he claims to be a piece of lunar land on the far side of the moon, in a r

Published 28 Jun, 2018 06:21am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi