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May 06, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-06-04
Obama unveils $1 billion security plan for eastern Europe

Obama unveils $1 billion security plan for eastern Europe

President Barack Obama on Tuesday unveiled a $1 billion US security plan for eastern Europe aimed at allaying fears over a resurgent Kremlin and the escalating pro-Russian uprising in ex-Soviet Ukraine. Obama launched a major tour of Europe in Warsaw wher
Published 04 Jun, 2014 12:00am
IED kills seven tribesmen in Kurram Agency

IED kills seven tribesmen in Kurram Agency

A powerful bomb planted on Upper Kurram-Badama Road in Kurram Agency killed seven tribesmen and injured eight others on Tuesday morning. Javed Khan, Political Tehsildar Kurram Agency told APP on phone that an improvised explosive device (IED) planted near
Published 04 Jun, 2014 12:00am
ICI Pakistan announces appointment of Chairman, new directors

ICI Pakistan announces appointment of Chairman, new directors

The Board of Directors of ICI Pakistan Limited has appointed Muhammad Sohail Tabba as Chairman of the Board. Sohail Tabba is one of the leading business executives in Pakistan with over 20 years of experience in manufacturing, energy, real-estate and ceme
Published 04 Jun, 2014 12:00am
Altaf's arrest was not unexpected: JI chief

Altaf's arrest was not unexpected: JI chief

Jamaat-i-Islami chief Sirajul Haq has said that the arrest of MQM chief Altaf Husain was not something unexpected and he will have full opportunity to prove his innocence under the British law. While giving comments on the issue, he said that there had be
Published 04 Jun, 2014 12:00am
MQM stages sit-in against Altaf's arrest

MQM stages sit-in against Altaf's arrest

The workers of Muttahida Qaumi Movement (MQM) on Tuesday staged a protest sit-in at Numaish Chowrangi against the arrest of party chief Altaf Hussain in London, which continued till filing of this story. On this occasion, MQM leaders Farooq Sattar, Amin-u
Published 04 Jun, 2014 12:00am
Emirates to fly six times a day from Karachi to Dubai

Emirates to fly six times a day from Karachi to Dubai

Emirates announced to operate six flights daily from Karachi to Dubai in order to facilitate the passengers. This service will be started from 1st August. The additional service will be operated by an Emirates Airbus A330-200 in a two-class configuration,
Published 04 Jun, 2014 12:00am
Five killed in various incidents of violence in city

Five killed in various incidents of violence in city

Five people were killed while three others were injured in separate incidents of violence in the city. According to police and rescue sources, Waseem Niazi, 30, son of Abdul Ghafoor Niazi, was killed when unidentified gunmen opened fire on him near Ayub S
Published 04 Jun, 2014 12:00am
Commerce Minister urged to consider Chaman route as CAREC

Commerce Minister urged to consider Chaman route as CAREC

Chaman border is the best alternative to serve as Central Asian Republics' Economic Corridor (CAREC), as it is the shortest route and a gateway for trade with Afghanistan and Central Asian Republics. President, Chaman Chamber of Commerce and Industry, Eng
Published 04 Jun, 2014 12:00am
Three held for supplying substandard equipment

Three held for supplying substandard equipment

Khyber Pakhtunkhwa's National Accountability Bureau on Tuesday arrested three persons on the charges of causing huge losses to national exchequer by supplying substandard science laboratories' equipment, stationary items, uniforms at an exorbitant rate an
Published 04 Jun, 2014 12:00am
Anti-polio campaign continues in Lahore

Anti-polio campaign continues in Lahore

Anti-polio campaign continued actively on the second day of three-day polio drive in all nine towns of the provincial capital on Tuesday. The workers of Punjab Health Department, TMAs and Lady Health Workers and visitors went door-to-door and administered
Published 04 Jun, 2014 12:00am
SECP suspends licence of NAMCO, imposes penalty

SECP suspends licence of NAMCO, imposes penalty

The Securities and Exchange Commission of Pakistan (SECP) suspended the asset management services license of the National Asset Management Company Limited (NAMCO) to manage public funds and imposed a penalty of one million rupees on NAMCO, and of 150,000
Published 04 Jun, 2014 12:00am
Khurram, Basit discuss trade issues with India

Khurram, Basit discuss trade issues with India

Commerce Minister, Khurram Dastgir and Pakistan's High Commissioner to India, Abdul Basit on Tuesday discussed ways and means to resolve trade issues with India prior to grant of Most Favoured Nation (MFN) status renamed as Non Discriminatory Market Acces
Published 04 Jun, 2014 12:00am
USAID's Dairy Value Chain Initiative: HF completes entrepreneurs project

USAID's Dairy Value Chain Initiative: HF completes entrepreneurs project

Improving micro enterprises in dairy, the Dairy Value Chain Initiative of the US Agency for International Development's (USAID) Entrepreneurs Project has been successfully completed by Hashoo Foundation (HF). A project close-out ceremony was arranged by t
Published 04 Jun, 2014 12:00am
Murder of Parveen Rehman: DIG CID summoned by Supreme Court

Murder of Parveen Rehman: DIG CID summoned by Supreme Court

Expressing annoyance at a lacklustre performance of the Karachi police in investigating the murder of social worker Perven Rehman, the Supreme Court on Tuesday summoned Deputy Inspector General CID Sultan Ali Khawaja on June 10. Appearing before a three-m
Published 04 Jun, 2014 12:00am
Four killed in PAF training plane crash

Four killed in PAF training plane crash

At least four persons including two pilots were killed while nine others injured when a Pakistan Air Force's (PAF) training aircraft crashed during a routine operational training mission near Baldia Town, here on Tuesday. Both the pilots, Wing Commander K
Published 04 Jun, 2014 12:00am
Economic Survey of Pakistan 2013-14: lowest GDP growth in four years

Economic Survey of Pakistan 2013-14: lowest GDP growth in four years

The following are the comments of The Institute of Policy Reforms (IPR), Lahore and the Social Policy and Development Centre (SPDC), Karachi, who have jointly studied overnight the contents of the Pakistan Economic Survey (PES) of 2013-14.
Published 04 Jun, 2014 12:00am
Economic Survey of Pakistan 2013-14: lowest GDP growth in four years

Economic Survey of Pakistan 2013-14: lowest GDP growth in four years

The following are the comments of The Institute of Policy Reforms (IPR), Lahore and the Social Policy and Development Centre (SPDC), Karachi, who have jointly studied overnight the contents of the Pakistan Economic Survey (PES) of 2013-14.
Published 04 Jun, 2014 12:00am
Economic Survey of Pakistan 2013-14: lowest GDP growth in four years

Economic Survey of Pakistan 2013-14: lowest GDP growth in four years

The following are the comments of The Institute of Policy Reforms (IPR), Lahore and the Social Policy and Development Centre (SPDC), Karachi, who have jointly studied overnight the contents of the Pakistan Economic Survey (PES) of 2013-14.
Published 04 Jun, 2014 12:00am
CM takes notice of student's death

CM takes notice of student's death

Punjab Chief Minister Shahbaz Sharif has taken notice of the death of an 8-year-old student, Muneeb Ali of Khanqah Dogaran, due to treatment by a quack in Lahore and sought a report from the district administration and police authorities. The Chief Minist
Published 04 Jun, 2014 12:00am
Pakistanis released from Bagram: LHC seeks reply from Interior Ministry

Pakistanis released from Bagram: LHC seeks reply from Interior Ministry

The Lahore High Court here on Tuesday sought reply from interior ministry by June 05 for not arranging meeting of families with ten Pakistani citizens recently released from Bagram jail in Afghanistan. Justice Project Pakistan (JPP) filed an application s
Published 04 Jun, 2014 12:00am
Improving healthcare system: Shahbaz seeks proposals from experts

Improving healthcare system: Shahbaz seeks proposals from experts

Punjab Chief Minister Muhammad Shahbaz Sharif on Tuesday said there is no shortage of resources and experts in health sector; they should sit together with the government and submit proposals and recommendations for improving healthcare system. "Healthcar
Published 04 Jun, 2014 12:00am
Two Rangers personnel killed in Kashmore

Two Rangers personnel killed in Kashmore

Two Rangers personnel embraced martyrdom while five others were injured after they were attacked by unknown miscreants here on Tuesday. Police said that unidentified assailants opened fire at a convoy of Rangers in Bhittai Colony of Kashmore when it was o
Published 04 Jun, 2014 12:00am
HRCP slams targeting of nationalists in Sindh

HRCP slams targeting of nationalists in Sindh

Expressing grave concern over the abduction and murder of Jeay Sindh Muttahida Mahaz (JSMM) activist Muneer Cholyani, the Human Rights Commission of Pakistan (HRCP) said on Tuesday that the incident appeared to be the continuation of a disturbing trend in
Published 04 Jun, 2014 12:00am
Chief minister Punjab grieved

Chief minister Punjab grieved

Punjab Chief Minister Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the loss of precious human lives including pilots due to crash of a PAF trainee aircraft in Baldia Town Karachi. The Chief Minister also prayed for early recov
Published 04 Jun, 2014 12:00am
'Women participation in politics vital for society'

'Women participation in politics vital for society'

Maharaja Sayajirao University, Baruda, India's Professor Dr Bhavna Mehta said women participation in politics can make a difference for the betterment of the society and country. She was addressing a seminar organized by Pakistan Study Centre on "Role of
Published 04 Jun, 2014 12:00am
Doctors re-join hand of suspected thief

Doctors re-join hand of suspected thief

Doctors have re-attached the hand of a man who accused police of chopping it off after arresting him for allegedly stealing electrical caables, officials said Tuesday Ghulam Mustafa was accused along with a second man Liaqat Ali of stealing the cables in
Published 04 Jun, 2014 12:00am
EOBI pensioners disappointed

EOBI pensioners disappointed

More than 0.5 million pensioners of the Employees Old-age Benefit Institution (EOBI) across the country have been disappointed over the Federal Government's apathy towards them as it has not increased their minimum pension even in the 2014-15 Federal Budg
Published 04 Jun, 2014 12:00am
Commitment to remove SRO regime honoured

Commitment to remove SRO regime honoured

The government has honoured its commitment to remove SRO regime in the Finance Bill (2014-15), the majority of concessions, restrictions and exemptions granted through SRO were proposed to be made part of relevant Act.
Published 04 Jun, 2014 12:00am
Rs 1.206 billion allocated to Supreme Court

Rs 1.206 billion allocated to Supreme Court

The government has allocated Rs 1.206 billion for the Supreme Court of Pakistan in the federal budget 2014-2015 against the outgoing fiscal year's revised estimate of Rs 1.113 billion, showing an increase of over Rs 93 million.
Published 04 Jun, 2014 12:00am
Rs 1.206 billion allocated to Supreme Court

Rs 1.206 billion allocated to Supreme Court

The government has allocated Rs 1.206 billion for the Supreme Court of Pakistan in the federal budget 2014-2015 against the outgoing fiscal year's revised estimate of Rs 1.113 billion, showing an increase of over Rs 93 million.
Published 04 Jun, 2014 12:00am
Rs 64.014 billion earmarked for education affairs & services

Rs 64.014 billion earmarked for education affairs & services

The government has earmarked Rs 64.014 billion for Education Affairs and Services in the federal budget for 2014-15 against the revised allocation of Rs 63.442 billion for the current year, showing a slight increase of 0.9 per cent. The country's public e
Published 04 Jun, 2014 12:00am
Understated subsidies conforming to IMF pact

Understated subsidies conforming to IMF pact

The federal government may have yet another year massively understated subsidies in 2014-15 budget while complying with the agreement with the International Monetary Fund (IMF). According to the budget documents, the government has earmarked Rs 156.1 bill
Published 04 Jun, 2014 12:00am
Understated subsidies conforming to IMF pact

Understated subsidies conforming to IMF pact

The federal government may have yet another year massively understated subsidies in 2014-15 budget while complying with the agreement with the International Monetary Fund (IMF). According to the budget documents, the government has earmarked Rs 156.1 bill
Published 04 Jun, 2014 12:00am
Annual Plan 2013-14: IP gas line project to be initiated in 2014-15

Annual Plan 2013-14: IP gas line project to be initiated in 2014-15

The government plans to implement Iran-Pakistan (IP) gas pipeline project in 2014-15, the Annual Plan 2013-14 documents indicated. The government has indicated that it will commence work on the IP pipeline as soon as finances for the project are arranged
Published 04 Jun, 2014 12:00am
Interior Division gets Rs 3.9 billion under PSDP

Interior Division gets Rs 3.9 billion under PSDP

The federal government has allocated Rs 3900.168 million for Interior Division for fiscal year 2014-15 under Public Sector Development Programme (PSDP) to improve the affiliated organisations, law and order situation and for development projects, includin
Published 04 Jun, 2014 12:00am
Foreign assistance of Rs 868.61 billion budgeted

Foreign assistance of Rs 868.61 billion budgeted

The government has budgeted foreign assistance of Rs 868.610 billion for 2014-15 including grants and loans against Rs 576.419 billion budgeted for the current fiscal year which was later revised upward to Rs 714.112 billion - the rise attributable to Eur
Published 04 Jun, 2014 12:00am
Shahbaz terms budget people-friendly, balanced

Shahbaz terms budget people-friendly, balanced

Punjab Chief Minister Muhammad Shahbaz Sharif has said that federal government has presented best, people-friendly and balanced budget for next financial year in the difficult conditions which will open new avenues of development. He said that no burden h
Published 04 Jun, 2014 12:00am
FPCCI terms budget export & growth-oriented

FPCCI terms budget export & growth-oriented

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), an apex body of chambers in the country Tuesday termed the budget 2014-15 as business friendly, export and growth oriented, balanced in the prevailing global economic scenario and exist
Published 04 Jun, 2014 12:00am
Textile makers-cum-exporters hail budget

Textile makers-cum-exporters hail budget

Hailing the federal budget for the fiscal year 2014-15, textile manufacturers-cum-exporters on Tuesday hoped that the incentives proposed in the annual financial plan would help grow the apparel sector. Commenting on the fiscal budget announcement by Fina
Published 04 Jun, 2014 12:00am
Jamaat-i-Islami terms budget anti-people

Jamaat-i-Islami terms budget anti-people

Jamaat-i-Islami (JI) chief Sirajul Haq has termed the federal budget as anti-people, with privileges for the elite class and deprivations for the 95 percent masses. "Far from being a revolutionary budget, this is yet another traditional jumble of words th
Published 04 Jun, 2014 12:00am
Proposed amendment to SRO 1125(I)/2011 criticised

Proposed amendment to SRO 1125(I)/2011 criticised

Amendment to SRO 1125(I)/2011 proposed in budget 2014-15 to charge sales tax at the standard rate of 17 per cent on the import of finished articles of leather and textile will promote smuggling culture in Pakistan. Talking to Business Recorder, cha
Published 04 Jun, 2014 12:00am
Proposed amendment to SRO 1125(I)/2011 criticised

Proposed amendment to SRO 1125(I)/2011 criticised

Amendment to SRO 1125(I)/2011 proposed in budget 2014-15 to charge sales tax at the standard rate of 17 per cent on the import of finished articles of leather and textile will promote smuggling culture in Pakistan. Talking to Business Recorder, cha
Published 04 Jun, 2014 12:00am
Nabeel Hashmi lauds budget

Nabeel Hashmi lauds budget

Former Chairman Pakistan Association of Automotive Parts Accessories Manufacturers (PAAPAM) and Founding Chairman All Pakistan Business Forum APBF Nabeel Hashmi appreciated the federal budget 2014-15 as dynamic, revolutionary and far reaching for the indu
Published 04 Jun, 2014 12:00am
APTMA praises budget as pro-textile industry

APTMA praises budget as pro-textile industry

The leadership of All Pakistan Textile Mills Association (APTMA) has termed the Federal Budget 2014-15 growth-oriented and pro-textile industry, saying that the incentives and facilities offered in the budget will contribute to the country's GDP growth.
Published 04 Jun, 2014 12:00am
Punjab agriculture minister hails budget

Punjab agriculture minister hails budget

Punjab Minister for Agriculture Dr Farrukh Javed has termed the proposed budget for the financial year 2014-15 a balanced and public-friendly budget. In a statement issued here on Tuesday, he said the PML-N government had taken another step towards progre
Published 04 Jun, 2014 12:00am
Steel industry rejects increase in sales tax

Steel industry rejects increase in sales tax

The domestic steel sector has rejected some 75 percent increase in sales tax and urged the government to keep the rate unchanged at Rs 4 per unit of electricity. According to Finance Minister's budget speech, sales tax for steel sector has been increased
Published 04 Jun, 2014 12:00am
APCNGA rejects additional taxes

APCNGA rejects additional taxes

The All Pakistan CNG Association (APCNGA) Tuesday rejected additional taxes imposed on the troubled CNG sector in the budget 2014-15. Additional taxes and double taxation will destroy the limping CNG sector, said Pervaiz Khan Khattak, Central Chairman APC
Published 04 Jun, 2014 12:00am
Budget acclaimed as 'balanced' by business community

Budget acclaimed as 'balanced' by business community

The business community has positively reacted to the Federal Budget 2014-15, as most of the businessmen and industrialist termed it business-friendly and balanced budget. Some of the businessmen and industrial associations termed the budget balanced, pro-
Published 04 Jun, 2014 12:00am
Two-tier enhanced FED levied on cigarettes

Two-tier enhanced FED levied on cigarettes

The government has revised Federal Excise Duty (FED) structure on cigarettes upwards on the basis of new FED slabs to increase the incidence of tax on cigarettes giants. Through Finance Bill (2014-15) issued here on Tuesday, the Table-I of the First Sched
Published 04 Jun, 2014 12:00am
Two-tier enhanced FED levied on cigarettes

Two-tier enhanced FED levied on cigarettes

The government has revised Federal Excise Duty (FED) structure on cigarettes upwards on the basis of new FED slabs to increase the incidence of tax on cigarettes giants. Through Finance Bill (2014-15) issued here on Tuesday, the Table-I of the First Sched
Published 04 Jun, 2014 12:00am
Two-tier enhanced FED levied on cigarettes

Two-tier enhanced FED levied on cigarettes

The government has revised Federal Excise Duty (FED) structure on cigarettes upwards on the basis of new FED slabs to increase the incidence of tax on cigarettes giants. Through Finance Bill (2014-15) issued here on Tuesday, the Table-I of the First Sched
Published 04 Jun, 2014 12:00am
Used vehicles: duties, taxes increased

Used vehicles: duties, taxes increased

The government has increased fixed amount of duties and taxes on the import of old and used vehicles (up to 800cc and 801cc to 1800cc), according to Finance Bill (2014-15) issued here on Tuesday. The duty and taxes on used vehicles were fixed in 2005 whic
Published 04 Jun, 2014 12:00am
Used vehicles: duties, taxes increased

Used vehicles: duties, taxes increased

The government has increased fixed amount of duties and taxes on the import of old and used vehicles (up to 800cc and 801cc to 1800cc), according to Finance Bill (2014-15) issued here on Tuesday. The duty and taxes on used vehicles were fixed in 2005 whic
Published 04 Jun, 2014 12:00am
LCCI terms budget energy, infrastructure focused

LCCI terms budget energy, infrastructure focused

The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday termed the Federal Budget 2014-15 energy and infrastructure focused with an ambitious tax collection plan. Speaking at a press conference soon after the budget speech of Federal Finance Ministe
Published 04 Jun, 2014 12:00am
Difference between filers and non-filers specified

Difference between filers and non-filers specified

The Federal Board of Revenue (FBR) has specified difference between filers and non-filers of income tax returns to double rates of withholding taxes for non-filers under Income Tax Ordinance 2001 through Finance Bill (2014-15). Explaining the Finance Bill
Published 04 Jun, 2014 12:00am
Railways workers criticise budget

Railways workers criticise budget

Workers of Pakistan Railways on Tuesday criticised the federal budget FY2014-15, saying that the organisation could be brought back to its past glory only by eradicating corruption from it. Commenting on the federal finance minister's announcement concern
Published 04 Jun, 2014 12:00am
Rs 77 billion allocated for Railways

Rs 77 billion allocated for Railways

The federal government has allocated Rs 77 billion for 45 development schemes and to meet the current expenditures of Pakistan Railway in upcoming financial year 2014-15, According to the budget, as many as 500 locomotives would be added to the rail netwo
Published 04 Jun, 2014 12:00am
Rs 77 billion allocated for Railways

Rs 77 billion allocated for Railways

The federal government has allocated Rs 77 billion for 45 development schemes and to meet the current expenditures of Pakistan Railway in upcoming financial year 2014-15, According to the budget, as many as 500 locomotives would be added to the rail netwo
Published 04 Jun, 2014 12:00am
Arrest of Altaf Hussain: Khurshid and Fazl give cautious reaction

Arrest of Altaf Hussain: Khurshid and Fazl give cautious reaction

Politicians on Tuesday gave cautious reaction to the arrest of Muttahida Qaumi Movement chief Altaf Hussain by the London's Metropolitan Police in a money-laundering case, saying the move can affect the country's politics. Talking to media persons outside
Published 04 Jun, 2014 12:00am
At last, Prime Minister graces Senate for first time

At last, Prime Minister graces Senate for first time

After one-and-half-year long wait by senators since the Pakistan Muslim League-Nawaz (PML-N) came into power, Prime Minister Nawaz Sharif finally graced the Senate on Monday for the first time and said, "I give equal importance to both National Assembly a
Published 04 Jun, 2014 12:00am
Opposition terms budget disappointing for the poor

Opposition terms budget disappointing for the poor

The opposition political parties on Tuesday termed the federal budget 2014-15, as 'visionless and disappointing' for the poor, but would serve the interests of the wealthy and industrialist class. Reacting to second federal budget of Pakistan Muslim Leagu
Published 04 Jun, 2014 12:00am
Taj Haider terms economic policies 'pro-elite'

Taj Haider terms economic policies 'pro-elite'

Pakistan People's Party's Sindh chapter's General Secretary, Senator Taj Haider, said here on Tuesday that the Economic Survey presented the federal finance minister has clearly indicated that the economic policies of the present government were entirely
Published 04 Jun, 2014 12:00am
Duty concessions withdrawal to help generate Rs 32 billion

Duty concessions withdrawal to help generate Rs 32 billion

The Federal Board of Revenue (FBR) would generate Rs 32 billion by withdrawing duty concessions under SRO.567(I)/2006, SRO.567(I)/2006 and SRO.565(I)/2006 as well as reducing the maximum rate of customs duty from 30 to 25 percent bringing down general tar
Published 04 Jun, 2014 12:00am
Duty concessions withdrawal to help generate Rs 32 billion

Duty concessions withdrawal to help generate Rs 32 billion

The Federal Board of Revenue (FBR) would generate Rs 32 billion by withdrawing duty concessions under SRO.567(I)/2006, SRO.567(I)/2006 and SRO.565(I)/2006 as well as reducing the maximum rate of customs duty from 30 to 25 percent bringing down general tar
Published 04 Jun, 2014 12:00am
Sanofi-Aventis Pakistan

Sanofi-Aventis Pakistan

Established in 1967 as Hoechst Pakistan Limited, Sanofi-Aventis has a presence in more than 100 countries around the world. The company is armed with an asset size of Rs 6.5 billion, as of December 2013. It was listed on Karachi Stock Exchange in 1977, an
Published 04 Jun, 2014 12:00am
Sanofi-Aventis Pakistan

Sanofi-Aventis Pakistan

Established in 1967 as Hoechst Pakistan Limited, Sanofi-Aventis has a presence in more than 100 countries around the world. The company is armed with an asset size of Rs 6.5 billion, as of December 2013. It was listed on Karachi Stock Exchange in 1977, an
Published 04 Jun, 2014 12:00am
Sri Lanka frees Indian fishermen

Sri Lanka frees Indian fishermen

Sri Lanka's President Mahinda Rajapakse has ordered the release of 29 Indian fishermen held on poaching charges, officials said Tuesday, in a move to ease tensions over illegal fishing. The island's navy arrested the Indians on Sunday along with six trawl
Published 04 Jun, 2014 12:00am
EU greenhouse emissions fall more than expected

EU greenhouse emissions fall more than expected

The European Union's greenhouse-gas emissions fell more in 2012 than previously estimated, according to new data released on Tuesday. By the end of 2012, the EU had reduced its output of heat-trapping greenhouse gases by more than 19 percent compared to 1
Published 04 Jun, 2014 12:00am
Former India minister behind bars after power rage protest

Former India minister behind bars after power rage protest

A former finance minister of India's ruling party was behind bars Tuesday over accusations he led 300 protesters in storming an electricity office and tying up its manager to denounce blackouts, a report said. Yashwant Sinha and 54 co-accused were remande
Published 04 Jun, 2014 12:00am
Syria holds controversial wartime presidential vote

Syria holds controversial wartime presidential vote

Syrians voted Tuesday in a presidential election in which Bashar al-Assad is looking to tighten his grip on power as his forces battle rebels in a devastating three-year war. Assad faces two little-known challengers and is expected to win, despite a massi
Published 04 Jun, 2014 12:00am
US 'Godfather of Ecstasy' dies

US 'Godfather of Ecstasy' dies

American chemist Alexander Shulgin, known as the "Godfather of ecstasy" for turning an obscure chemical into a widely-used party drug, has died aged 88, his family said. "Sasha died (Monday) ... he was surrounded by family and caretakers and Buddhist medi
Published 04 Jun, 2014 12:00am
Turkey places Syria jihadists on terror list

Turkey places Syria jihadists on terror list

Turkey added al Qaeda's franchise in neighbouring Syria to a list of terrorist organisations on Tuesday, in a sign of the country's growing concern over the rise of radicals across the border. Although other jihadist groups fighting in Syria's civil war c
Published 04 Jun, 2014 12:00am
Turkey lifts controversial YouTube ban

Turkey lifts controversial YouTube ban

Turkey lifted a controversial ban on YouTube on Tuesday, days after the country's top court ruled that it breached the right to free speech. The media-sharing site was blocked in Turkey on March 27 after it was used to leak alleged audio recordings of top
Published 04 Jun, 2014 12:00am
Malaysian Prime Minister launches legal action against news portal

Malaysian Prime Minister launches legal action against news portal

Malaysian Prime Minister Najib Razak Tuesday launched legal action against a leading independent news website known for its often harsh criticism of the long-ruling government, the portal said. Malaysiakini.com said Najib's lawyers served it with court pa
Published 04 Jun, 2014 12:00am
Iraq attacks and shelling kill 35

Iraq attacks and shelling kill 35

Violence across Iraq, including shelling of the conflict-hit city of Fallujah, killed 35 people Tuesday, as politicians haggle over forming a new governing coalition after April elections. Iraq is going through its worst protracted spell of violence since
Published 04 Jun, 2014 12:00am
The Weather

The Weather

The weather report on Tuesday (June 03, 2014) and the forecast for Wednesday (June 04, 2014).

Published 04 Jun, 2014 12:00am
UAE arrests Asian on spying charges

UAE arrests Asian on spying charges

Emirati authorities have arrested an Asian resident suspected of spying for a foreign country by providing sensitive military information deemed threatening to the UAE, state news agency WAM reported Tuesday. Neither the man's identity nor the country for
Published 04 Jun, 2014 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 04 Jun, 2014 12:00am
US shuts Afghan transit base in Kyrgyzstan

US shuts Afghan transit base in Kyrgyzstan

The United States on Tuesday shut its airforce base in Kyrgyzstan that had been the main transit hub for troops going to Afghanistan, a move expected to boost Russia's influence in Central Asia. Washington was forced to shut the Manas Transit Centre north
Published 04 Jun, 2014 12:00am
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