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Apr 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-06-01
Shab-e-Baraat on July 2

Shab-e-Baraat on July 2

Holy Shab-e-Baraat, the night of reverence and divine blessings, would be observed across the country on Tuesday night Sha'ban-ul-Moazzam 15, 1436 AH (June 2). Faithful would offer night-long special prayers, while various gatherings included Mahafil-e-Na
Published 01 Jun, 2015 12:00am
Iraq Prime Minister says his country to stay out of Iran-Saudi conflicts

Iraq Prime Minister says his country to stay out of Iran-Saudi conflicts

Prime Minister Haider al-Abadi sought to reassure Saudi Arabia Sunday that Iraq is not a "gateway for Iran" and will not take part in regional conflicts between the two countries. "Iraq is not a gateway for Iran," Abadi said in an interview with Iraqiya s
Published 01 Jun, 2015 12:00am
Iraq Prime Minister says his country to stay out of Iran-Saudi conflicts

Iraq Prime Minister says his country to stay out of Iran-Saudi conflicts

Prime Minister Haider al-Abadi sought to reassure Saudi Arabia Sunday that Iraq is not a "gateway for Iran" and will not take part in regional conflicts between the two countries. "Iraq is not a gateway for Iran," Abadi said in an interview with Iraqiya s
Published 01 Jun, 2015 12:00am
Axact CEO undergoes medical checkup

Axact CEO undergoes medical checkup

Federal Investigation Agency (FIA) on Sunday traced the printing press from where the accused company Axact printed fake degrees. According to details, FIA personnel have included the owner of the press in the investigation and have also launched action a
Published 01 Jun, 2015 12:00am
Axact CEO undergoes medical checkup

Axact CEO undergoes medical checkup

Federal Investigation Agency (FIA) on Sunday traced the printing press from where the accused company Axact printed fake degrees. According to details, FIA personnel have included the owner of the press in the investigation and have also launched action a
Published 01 Jun, 2015 12:00am
PML-N MPA, son killed in Kamoke

PML-N MPA, son killed in Kamoke

Pakistan Muslim League (PML-N) Member Punjab Assembly (MPA) Rana Shamshad and his son died in attack on their vehicle here on Sunday. Police said that unknown gunmen sprayed the vehicle of PML-N MPA Rana Shamshad with bullets while he was travelling throu
Published 01 Jun, 2015 12:00am
PML-N MPA, son killed in Kamoke

PML-N MPA, son killed in Kamoke

Pakistan Muslim League (PML-N) Member Punjab Assembly (MPA) Rana Shamshad and his son died in attack on their vehicle here on Sunday. Police said that unknown gunmen sprayed the vehicle of PML-N MPA Rana Shamshad with bullets while he was travelling throu
Published 01 Jun, 2015 12:00am
Iran deal: six powers agree way to restore UN sanctions

Iran deal: six powers agree way to restore UN sanctions

Six world powers have agreed on a way to restore UN sanctions on Iran if the country breaks the terms of a future nuclear deal, clearing a major obstacle to an accord ahead of a June 30 deadline, Western officials told Reuters.
Published 01 Jun, 2015 12:00am
Iran deal: six powers agree way to restore UN sanctions

Iran deal: six powers agree way to restore UN sanctions

Six world powers have agreed on a way to restore UN sanctions on Iran if the country breaks the terms of a future nuclear deal, clearing a major obstacle to an accord ahead of a June 30 deadline, Western officials told Reuters.
Published 01 Jun, 2015 12:00am
IMF lowers Ukraine's 2015 growth projection to minus 9 percent
Currency

IMF lowers Ukraine's 2015 growth projection to minus 9 percent

The IMF said Sunday it has lowered its growth forecast for Ukraine's war battered economy to minus nine percent, due in large part to "the unresolved conflict in the East." The dismal projection - down from an earlier forecast of minus five percent - foll
Published 01 Jun, 2015 12:00am
Italians voting for seven regional administrations

Italians voting for seven regional administrations

Italians began voting on Sunday in local elections that are the biggest test for Prime Minister Matteo Renzi since his centre-left Democratic Party (PD) triumphed in a vote for the European parliament a year ago. Some 22 million voters will elect new gove
Published 01 Jun, 2015 12:00am
EDF seeks 2.5 percent annual rise in power tariffs

EDF seeks 2.5 percent annual rise in power tariffs

French utility EDF is asking the government for an annual increase of 2.5 percent in regulated electricity prices over three years, a newspaper said on Sunday, ahead of a critical meeting for France's nuclear industry. Last year Energy Minister Segolene R
Published 01 Jun, 2015 12:00am
Huthis meet US delegation in Oman: Yemen

Huthis meet US delegation in Oman: Yemen

Oman is hosting unprecedented talks between delegations from the US and Yemen's Shia rebels aimed at finding a solution to the Yemen war, a Yemeni government spokesman said Sunday. "The discussions between the Huthi (rebels) and the American delegation ar
Published 01 Jun, 2015 12:00am
China capital to roll out tough anti-smoking laws

China capital to roll out tough anti-smoking laws

Beijing will ban smoking in restaurants, offices and on public transport from Monday, part of unprecedented new curbs welcomed by anti-tobacco advocates, though how they will be enforced remains to be seen. Health activists have pushed for years for stron
Published 01 Jun, 2015 12:00am
THE RUPEE: mixed trend
Currency

THE RUPEE: mixed trend

The rupee managed to halt losses against the dollar on the money market during the week, ended on may 30, 2015, In the interbank market, the rupee gained four paisas in relation to the dollar for buying at Rs 102.00 and it also picked up six paisas for se
Published 01 Jun, 2015 12:00am
THE RUPEE: mixed trend
Currency

THE RUPEE: mixed trend

The rupee managed to halt losses against the dollar on the money market during the week, ended on may 30, 2015, In the interbank market, the rupee gained four paisas in relation to the dollar for buying at Rs 102.00 and it also picked up six paisas for se
Published 01 Jun, 2015 12:00am
Prime Minister, Zardari, Asfandyar slam arrest of Mian Iftikhar

Prime Minister, Zardari, Asfandyar slam arrest of Mian Iftikhar

The federal government Sunday strongly criticised the arrest of Awami National Party (ANP) central general secretary Mian Iftikhar Hussain by Khyber Pakhtunkhwa government, terming it an act of political victimisation. Prime Minister Nawaz Sharif also exp
Published 01 Jun, 2015 12:00am
Prime Minister, Zardari, Asfandyar slam arrest of Mian Iftikhar

Prime Minister, Zardari, Asfandyar slam arrest of Mian Iftikhar

The federal government Sunday strongly criticised the arrest of Awami National Party (ANP) central general secretary Mian Iftikhar Hussain by Khyber Pakhtunkhwa government, terming it an act of political victimisation. Prime Minister Nawaz Sharif also exp
Published 01 Jun, 2015 12:00am
ANP's Mian Iftikhar held on murder charges

ANP's Mian Iftikhar held on murder charges

Awami National Party (ANP) Central general secretary, and former provincial minister, Mian Iftikhar Hussain, was arrested and sent on a one-day physical remand on charges of a PTI worker's murder in Nowshera town during Saturday's local bodies' election.
Published 01 Jun, 2015 12:00am
ANP's Mian Iftikhar held on murder charges

ANP's Mian Iftikhar held on murder charges

Awami National Party (ANP) Central general secretary, and former provincial minister, Mian Iftikhar Hussain, was arrested and sent on a one-day physical remand on charges of a PTI worker's murder in Nowshera town during Saturday's local bodies' election.
Published 01 Jun, 2015 12:00am
LG polls in KP: PTI accused of vote rigging

LG polls in KP: PTI accused of vote rigging

JUI(F) Chief Maulana Fazlur Rehman has accused the PTI of breaking all the records of vote rigging and said his party would not accept the results. Strongly reacting to the local bodies election results here on Sunday, Maulana Fazlur Rehman said every cit
Published 01 Jun, 2015 12:00am
LG polls in KP: PTI accused of vote rigging

LG polls in KP: PTI accused of vote rigging

JUI(F) Chief Maulana Fazlur Rehman has accused the PTI of breaking all the records of vote rigging and said his party would not accept the results. Strongly reacting to the local bodies election results here on Sunday, Maulana Fazlur Rehman said every cit
Published 01 Jun, 2015 12:00am
POL products'' prices increased

POL products'' prices increased

The government has increased prices of petroleum products by up to Rs3.51 for the month of June, pushing the new petrol price to Rs77.79 per liter. "We have increased the prices of petrol by Rs3.5 per litre despite receiving a summary from Oil and Gas Reg
Published 01 Jun, 2015 12:00am
POL products' prices increased

POL products' prices increased

The government has increased prices of petroleum products by up to Rs3.51 for the month of June, pushing the new petrol price to Rs77.79 per liter. "We have increased the prices of petrol by Rs3.5 per litre despite receiving a summary from Oil and Gas Reg
Published 01 Jun, 2015 12:00am
POL products' prices increased

POL products' prices increased

The government has increased prices of petroleum products by up to Rs3.51 for the month of June, pushing the new petrol price to Rs77.79 per liter. "We have increased the prices of petrol by Rs3.5 per litre despite receiving a summary from Oil and Gas Reg
Published 01 Jun, 2015 12:00am
Future spreads down by 103 basis points

Future spreads down by 103 basis points

The futures spreads declined Week-on-Week by 103 basis points to 11.40 percent. The week that passed saw the trading volumes on equity market averaging on 56.80 million shares, up 415.1 percent WoW. While the daily average trading value also raised by 296
Published 01 Jun, 2015 12:00am
Future spreads down by 103 basis points

Future spreads down by 103 basis points

The futures spreads declined Week-on-Week by 103 basis points to 11.40 percent. The week that passed saw the trading volumes on equity market averaging on 56.80 million shares, up 415.1 percent WoW. While the daily average trading value also raised by 296
Published 01 Jun, 2015 12:00am
Future spreads down by 103 basis points

Future spreads down by 103 basis points

The futures spreads declined Week-on-Week by 103 basis points to 11.40 percent. The week that passed saw the trading volumes on equity market averaging on 56.80 million shares, up 415.1 percent WoW. While the daily average trading value also raised by 296
Published 01 Jun, 2015 12:00am
Future spreads down by 103 basis points

Future spreads down by 103 basis points

The futures spreads declined Week-on-Week by 103 basis points to 11.40 percent. The week that passed saw the trading volumes on equity market averaging on 56.80 million shares, up 415.1 percent WoW. While the daily average trading value also raised by 296
Published 01 Jun, 2015 12:00am
Equities recover
Mutual Funds

Equities recover

The Karachi stocks market grew by 1.38 percent, Week-on-Week (WoW), to close at 33,057 points. The "recovery of sorts" came what equity analysts said despite reports of proposed raise in the Capital Gains Tax (CGT). The week under review saw daily trading
Published 01 Jun, 2015 12:00am
Equities recover
Mutual Funds

Equities recover

The Karachi stocks market grew by 1.38 percent, Week-on-Week (WoW), to close at 33,057 points. The "recovery of sorts" came what equity analysts said despite reports of proposed raise in the Capital Gains Tax (CGT). The week under review saw daily trading
Published 01 Jun, 2015 12:00am
Equities recover
Mutual Funds

Equities recover

The Karachi stocks market grew by 1.38 percent, Week-on-Week (WoW), to close at 33,057 points. The "recovery of sorts" came what equity analysts said despite reports of proposed raise in the Capital Gains Tax (CGT). The week under review saw daily trading
Published 01 Jun, 2015 12:00am
Ghani demands action against Taliban

Ghani demands action against Taliban

Afghan President Ashraf Ghani demanded tough action from Pakistan against Taliban militants in a letter seeking greater anti-terrorism co-operation. The spy agencies of both countries this month agreed to trade intelligence and bolster co-operation in the
Published 01 Jun, 2015 12:00am
Ghani demands action against Taliban

Ghani demands action against Taliban

Afghan President Ashraf Ghani demanded tough action from Pakistan against Taliban militants in a letter seeking greater anti-terrorism co-operation. The spy agencies of both countries this month agreed to trade intelligence and bolster co-operation in the
Published 01 Jun, 2015 12:00am
The Weather

The Weather

The weather report on Sunday (May 31, 2015) and the forecast for Monday (June 01, 2015).

Published 01 Jun, 2015 12:00am
Watling century leaves England with record chase for victory

Watling century leaves England with record chase for victory

BJ Watling became the first New Zealand batsman to score a Test century at Headingley as the tourists eyed a series-levelling victory over England on Sunday. Watling's 100 not out took New Zealand to 338 for six in their second innings at stumps on the th
Published 01 Jun, 2015 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 25 to 29, 2015).

Published 01 Jun, 2015 12:00am
Businessmen condemn Mastung killings

Businessmen condemn Mastung killings

The business community has condemned the murder of at least 23 passengers of two Karachi-bound buses in Mastung district and demanded that the killers should be brought to justice and road travel is made secure from such wanton acts of violence. In a stat
Published 01 Jun, 2015 12:00am
Local milk processing industry: Centre likely to tighten screw

Local milk processing industry: Centre likely to tighten screw

Federal government is likely to tighten the screw on local milk processing industry which allegedly is selling low priced whiteners instead of fresh packed milk, well informed sources in Ministry of National Food Security and Research told this correspond
Published 01 Jun, 2015 12:00am
Consensus on corridor

Consensus on corridor

It is indeed a matter of great satisfaction that the government has been able to ease political parties' concerns on China-Pakistan Economic Corridor. That this mega economic project requires a consensual approach is a fact that manifested itself in the c
Published 01 Jun, 2015 12:00am
Libraries are as popular as never before despite e-book challenge

Libraries are as popular as never before despite e-book challenge

Libraries are no longer awe-inspiring oases of calm. In the last decades they've undergone a transformation to become popular meeting places with cafes and events. But they still have to overcome the challenges posed by e-books, Sunday opening and budget
Published 01 Jun, 2015 12:00am
Budget 2015-16: What can we expect?

Budget 2015-16: What can we expect?

There is understandably intense activity before the budget is announced in the Ministry of Finance with all the stakeholders (private as well as autonomous/public) and the tax collecting arm of the government namely the Federal Board of Revenue (FBR) enga
Published 01 Jun, 2015 12:00am
Difficult but necessary work

Difficult but necessary work

The judicial commission investigating allegations of electoral rigging/irregularities in the 2013 general elections is trying to touch all bases so that no aspect of the issue remains unaddressed. As per the PTI request, opening of sealed election bags h
Published 01 Jun, 2015 12:00am
Budget FY16: emerging contours of challenges

Budget FY16: emerging contours of challenges

According to a Business Recorder exclusive, the government has set a range of targets for the next fiscal year that are very ambitious and may prove a challenge to achieve with a Gross Domestic Product (GDP) growth rate of 5.5 percent (1.3 percent
Published 01 Jun, 2015 12:00am
Chinese delegation arrives today
Cotton

Chinese delegation arrives today

On the invitation of Chairman, Pakistan-China Institute, Senator Mushahid Hussain Sayed, a Chinese delegation led by Madame Zhao Baige, Chairperson of the Joint China-Pakistan Think Tank, Research and Development International (RDI), former Minister and c
Published 01 Jun, 2015 12:00am
PIA losses before tax fall by 34.4 percent

PIA losses before tax fall by 34.4 percent

Due to positive management, reduction in fuel prices and better economic conditions, Pakistan International Airlines (PIA) loss before tax reduced by 34.4 percent in 2014 as compared to the previous year. In addition, the airline's seat factor increased t
Published 01 Jun, 2015 12:00am
PIA losses before tax fall by 34.4 percent

PIA losses before tax fall by 34.4 percent

Due to positive management, reduction in fuel prices and better economic conditions, Pakistan International Airlines (PIA) loss before tax reduced by 34.4 percent in 2014 as compared to the previous year. In addition, the airline's seat factor increased t
Published 01 Jun, 2015 12:00am
Eight suspects held in Karachi

Eight suspects held in Karachi

Pakistan Rangers (Sindh) arrested eight suspects including extortionists during targeted actions across the city. The Rangers sources said here on Sunday that a group of extortionists was arrested from Hyderi market area while distributing the slips in ad
Published 01 Jun, 2015 12:00am
Education system in Sindh collapses: Alvi

Education system in Sindh collapses: Alvi

Organiser PTI Sindh Chapter, MNA Dr Arif Alvi has said that the education system in Sindh province has almost collapsed while the properties of the poor were being occupied illegally. Speaking to media at the residence of renowned scholar of Sindh, Zulfiq
Published 01 Jun, 2015 12:00am
Prime Minister expresses grief

Prime Minister expresses grief

Prime Minister Nawaz Sharif on Sunday expressed his grief and sorrow over the death of mother of Chief Editor Daily Mashriq Peshawar, Syed Ayaz Badshah. The prime minister, in his condolence message to the bereaved family, prayed that the Almighty Allah
Published 01 Jun, 2015 12:00am
'Massive construction of roads game changer for rural economy'

'Massive construction of roads game changer for rural economy'

Punjab Chief Minister Muhammad Shahbaz Sharif has said that a massive programme of construction and rehabilitation of rural roads has been started which will be a game changer for rural economy. He said that an amount of Rs 15 billion is being spent on Kh
Published 01 Jun, 2015 12:00am
APNS condoles

APNS condoles

Hameed Haroon, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers Society on behalf of the office bearers and members of the Society have expressed their profound grief over the sad demise of the mother of Syed Ayaz Badshah, Chief
Published 01 Jun, 2015 12:00am
Mastung massacre: shutter-down strike observed in Balochistan

Mastung massacre: shutter-down strike observed in Balochistan

A complete shutter-down strike was observed in Balochistan on Sunday against the brutal Mastung massacre. Besides Quetta, shutter-down strike was observed in Pishin, Killa Abdullah, Chaman, Zhob, Loralai and other districts of the province.
Published 01 Jun, 2015 12:00am
PSDP: Sindh chief minister to protest against measly allocations

PSDP: Sindh chief minister to protest against measly allocations

The federal government has made a newly allocation of seven billion rupees from the federally supported Public Development Programme for Sindh province against a requirement of Rs 23 billion for various projects, it is reliably learnt. The Chief Minister
Published 01 Jun, 2015 12:00am
Maybank posts forecast-beating first quarter profit

Maybank posts forecast-beating first quarter profit

Malayan Banking Bhd (Maybank), Malaysia's No 1 lender by assets, posted a better than expected 6.3 percent rise in quarterly profit on higher fee income and robust loans growth but gave a cautious outlook due to the launch of a new consumer tax. Net profi
Published 01 Jun, 2015 12:00am
Etihad Airways to add $6.2 billion to US economy by 2020

Etihad Airways to add $6.2 billion to US economy by 2020

Abu Dhabi's Etihad Airway's contribution to the US economy will almost double to $6.2 billion by 2020, it said on May 27, in an apparent counter to allegations that government subsidies gave it an unfair edge over competition. The airline will support the
Published 01 Jun, 2015 12:00am
Tata Motors reports surprise plunge in fourth quarter profit

Tata Motors reports surprise plunge in fourth quarter profit

Tata Motors Ltd, India's biggest automaker by revenue, reported a surprise drop in quarterly earnings on May 26, hit by higher costs and lower profit at its luxury Jaguar Land Rover unit. The company's consolidated net profit fell 56 percent to 17.17 bill
Published 01 Jun, 2015 12:00am
Tata Motors reports surprise plunge in fourth quarter profit

Tata Motors reports surprise plunge in fourth quarter profit

Tata Motors Ltd, India's biggest automaker by revenue, reported a surprise drop in quarterly earnings on May 26, hit by higher costs and lower profit at its luxury Jaguar Land Rover unit. The company's consolidated net profit fell 56 percent to 17.17 bill
Published 01 Jun, 2015 12:00am
Fiat Chrysler boss sure of new merger by 2018

Fiat Chrysler boss sure of new merger by 2018

Fiat Chrysler chief Sergio Marchionne said on May 28 he expects a new merger in the auto industry by 2018, without confirming reports he proposed a tie-up with General Motors.
Published 01 Jun, 2015 12:00am
Delta eyes Asia alliances, sees limited US consolidation

Delta eyes Asia alliances, sees limited US consolidation

Delta Air Lines is interested in forging alliances with carriers in Asia, the airline's president said on May 28. Ed Bastian, speaking at a media event in France, also said he expected Italy's Alitalia to remain part of a transatlantic joint venture with
Published 01 Jun, 2015 12:00am
India's Mahindra quarterly profit falls

India's Mahindra quarterly profit falls

Mahindra & Mahindra Ltd, India's top utility vehicle maker by sales, reported on May 29 its steepest fall in quarterly profit in more than six years, hit by poor sales in rural areas where unseasonal rains have hurt farm incomes.
Published 01 Jun, 2015 12:00am
India's Mahindra quarterly profit falls

India's Mahindra quarterly profit falls

Mahindra & Mahindra Ltd, India's top utility vehicle maker by sales, reported on May 29 its steepest fall in quarterly profit in more than six years, hit by poor sales in rural areas where unseasonal rains have hurt farm incomes.
Published 01 Jun, 2015 12:00am
Malaysia's AirAsia X first-quarter net loss widens

Malaysia's AirAsia X first-quarter net loss widens

Malaysian long-haul budget airline AirAsia X Bhd reported its sixth consecutive quarterly net loss on May 27, mainly due to foreign exchange losses. The carrier's net loss for the January-March period jumped to 125.9 million ringgit ($34.6 million) from 1
Published 01 Jun, 2015 12:00am
'Seven out of 10 small UK firms looking to pay off debt'

'Seven out of 10 small UK firms looking to pay off debt'

Seven out of ten small British firms are aiming to pay off their debt and not borrow more, a survey published on May 28 showed. Many small businesses are wary of borrowing, distrusting banks following scandals including the mis-selling of interest rate he
Published 01 Jun, 2015 12:00am
Indonesia, Turkey, IDB to form Islamic infrastructure bank

Indonesia, Turkey, IDB to form Islamic infrastructure bank

Indonesia is prepared to contribute at least $300 million to a new Islamic infrastructure bank that the Southeast Asian nation will co-found with Turkey and a Saudi-based multilateral lender, the country's finance minister said on May 26. The idea for the
Published 01 Jun, 2015 12:00am
Japanese volcano calm 'for now': weather agency

Japanese volcano calm 'for now': weather agency

A violent volcanic eruption in Japan that forced the evacuation of an island appears to have come to a halt, the country's weather agency said on May 30. The announcement came a day after Mount Shindake, which sits on the far southern island of Kuchinoera
Published 01 Jun, 2015 12:00am
India battles deadliest heatwave in two decades

India battles deadliest heatwave in two decades

Indian authorities urged hospitals to treat heat-stroke as an emergency as the toll from a long heatwave topped 1,800 on May 29, making it the deadliest in more than two decades. Hundreds of mainly poor people die at the height of summer every year in Ind
Published 01 Jun, 2015 12:00am
New research shows immunotherapy targeting several cancers

New research shows immunotherapy targeting several cancers

Immunotherapy, which has shown remarkable success against advanced melanoma skin cancers, is now being used to target other cancers that are tough to treat. The results of several clinical trials were presented on the opening day of the American Society o
Published 01 Jun, 2015 12:00am
WHO warns that Ebola crisis isn't over

WHO warns that Ebola crisis isn't over

The World Health Organisation (WHO) on May 28 warned against complacency about the deadly Ebola virus, saying that the crisis isn't over. "We have to keep our guard up," Sylvie Briand, head of epidemiology at the UN's health agency, told a stock-taking me
Published 01 Jun, 2015 12:00am
Global study finds early treatment is effective against HIV

Global study finds early treatment is effective against HIV

Early antiretroviral treatment after diagnosis of HIV infection significantly reduces the likelihood of getting AIDS or other serious illnesses, according to results from a large international clinical trial published on May 28. The study was presented a
Published 01 Jun, 2015 12:00am
El Nino seen bringing drought to Brazil

El Nino seen bringing drought to Brazil

Brazil will likely experience a moderate El Nino by the end of the year, bringing steady rain to the country's main grain producing regions and sustained drought in the arid north, the national meteorological institute, Inmet, said. Inmet meteorologist Da
Published 01 Jun, 2015 12:00am
Scientists warn Everest glaciers at risk of disappearing

Scientists warn Everest glaciers at risk of disappearing

Glaciers in the Everest region could shrink at least 70 percent or even disappear entirely by the end of the century as a result of climate change, scientists warned on May 27. Researchers in Nepal, the Netherlands and France studied weather patterns on t
Published 01 Jun, 2015 12:00am
Cartier boss snubs 'useful' smartwatches for classic chic

Cartier boss snubs 'useful' smartwatches for classic chic

Luxury jeweller Cartier said Wednesday it doesn't intend to climb on the smartwatch bandwagon, viewing none of the hi-tech gadgets equal to the traditional timepieces the 168 year-old company makes. "There's usefulness, but no emotion," Cartier chief Stan
Published 01 Jun, 2015 12:00am
Seven different versions of Windows 10 on their way to market

Seven different versions of Windows 10 on their way to market

Microsoft hopes to make its new operating system, Windows 10, indispensable to all computer users by releasing seven different versions, making sure there's something for every conceivable kind of machine, from smartphone to desktop. To sweeten the deal,
Published 01 Jun, 2015 12:00am
Germany auctions off new mobile phone frequencies

Germany auctions off new mobile phone frequencies

Germany on Wednesday started an auction of frequencies for mobile phone operators, pledging that users will soon enjoy nation-wide super-fast 4G coverage without "black holes" in rural areas. The government hopes in coming weeks to raise billions of euros
Published 01 Jun, 2015 12:00am
Google shows off virtual reality collaboration with GoPro

Google shows off virtual reality collaboration with GoPro

Action camera maker GoPro Inc and Google Inc introduced a virtual reality system using 16 cameras and Google software, sending GoPro shares up nearly 7 percent on Thursday. GoPro's helmet- and body-mounted video cameras are popular with adventure sports e
Published 01 Jun, 2015 12:00am
Google new Android seeks to make smartphone smarter

Google new Android seeks to make smartphone smarter

Google's updated Android mobile software seeks to make the smartphone smarter, while keeping the search titan relevant in a world where people rely on apps on the go. At its annual Google developers conference Thursday, Google offered a preview of Android
Published 01 Jun, 2015 12:00am
Google working with Levi Strauss to make smart clothes

Google working with Levi Strauss to make smart clothes

Google announced Friday that it is working with iconic US jean maker Levi Strauss to make clothing from specially woven fabric with touch-screen control capabilities. The Internet titan used its annual developers conference in San Francisco to reveal its
Published 01 Jun, 2015 12:00am
Hyundai Motor offers Google Android Auto system

Hyundai Motor offers Google Android Auto system

South Korea's Hyundai Motor said Wednesday it has become the first carmaker to offer Google's Android Auto system in its Sonata model sold in the US market. The company said US Android smartphone users with a 2015 Sonata sedan can now ask car dealers to d
Published 01 Jun, 2015 12:00am
Boost your laptop's power with a mini SSD

Boost your laptop's power with a mini SSD

Most laptops have an extra, nearly always unused socket for Mini-PCle connections, either underneath the keyboard or the bottom flap. This space is sometimes used to add an extra mobile wireless connection, but if it's not in use, consider filling it with
Published 01 Jun, 2015 12:00am
Apple SVP says car is 'ultimate mobile device'

Apple SVP says car is 'ultimate mobile device'

A senior Apple executive said developing a car would be the "ultimate mobile device" when asked about new products at a technology conference on Wednesday. In April, analysts at investment-research firm Sanford C Bernstein issued a report that outlined se
Published 01 Jun, 2015 12:00am
Algorithm can remove reflection glare from digital photos

Algorithm can remove reflection glare from digital photos

Try to take a snapshot through a window and you're likely to end up with a picture full of reflections and glare. But researchers at the Massachusetts Institute of Technology in Boston may have come up with a software filter to end the problem. It employs
Published 01 Jun, 2015 12:00am
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