Poland's economy grew at its fastest pace in four years in 2015, data showed on Tuesday, driven mainly by domestic demand that analysts expect will be sustained this year despite external risks and a recent credit rating downgrade. The $425 billion econom

China's state media has warned billionaire investor George Soros against betting on falls in the value of the Chinese yuan and Hong Kong dollar , amid widespread worries over the health of world's second-largest economy. China's fourth-quarter economic gr

Shares in Siemens rose 7 percent on Tuesday after Europe's biggest industrial group surprised the markets with the strength of its first-quarter results and raised its full-year earnings forecast. Despite slowing growth in China and weak oil prices that h

Electric car manufacturers will have to design futuristic vehicles to entice buyers in order to ride out the challenge of plunging oil prices, Tesla co-founder Elon Musk said Tuesday. The luxury all-electric US car maker, founded in 2003, rose to prominen

The Dubai Gold and Commodities Exchange (DGCX) said on Tuesday it had launched a financial futures product that would let investors trade the prices of five US and 10 Indian stocks. The Global Single Stock Futures mirror the prices of the underlying stock

Bourses in Saudi Arabia and Egypt recovered earlier losses and edged higher on Tuesday as crude prices bounced back, while other major Gulf stock markets slid. Brent climbed 82 cents over $30 a barrel at 1218 GMT on Tuesday, lifted by hopes that Opec and

New Zealand shares ended lower on Tuesday, as a renewed slump in oil prices weighed on investor sentiment across Asia. Crude futures extended falls on Tuesday to retest the $30 a barrel level, as fresh worries about oversupply from top producers Saudi Ara

Wall Street rebounded sharply on Tuesday, driven by a set of strong corporate results and recovering crude oil prices, ahead of the Federal Reserve's policy meeting and Apple's results. The Dow rose 1.5 percent, while the S&P 500 was up 1 percent. All 10

Wall Street sold off on Monday, pulled lower by further weakness in oil prices as energy shares led declines, with major indexes retreating after last week's strong gains. Oil prices fell 6 percent on concerns of oversupply after news that Iraq's output r

Taiwan stocks fell on Tuesday taking cues from a fall in overseas markets and on profit-taking after two straight sessions of gains. The main TAIEX index fell 1.1 percent to 7,807.68 as of 0210 GMT, after closing up 1.8 percent in the previous session. Th

US Treasuries prices rose on Monday, with the 30-year bond leading the rally for much of the day, as oil prices fell on swelling oversupply, dragging stocks down and stoking interest in safe-haven US government debt. Prices on US Treasuries had slumped on

US Treasuries prices rose on Monday, with the 30-year bond leading the rally for much of the day, as oil prices fell on swelling oversupply, dragging stocks down and stoking interest in safe-haven US government debt. Prices on US Treasuries had slumped on

Tokyo shares closed sharply lower Tuesday, as oil prices resumed their downward slide and expectations for another round of stimulus by the Bank of Japan faded. Energy-linked firms took a hit as crude fell back below $30 a barrel and the brief rally at th

Shanghai stocks slumped more than six percent by the close on Tuesday, ending a two-day rally, on "panic selling" driven by worries over China's slowing economy and weaker global growth. The benchmark Shanghai Composite Index tumbled 6.42 percent, or 188.

European equities gained on Tuesday after early sharp losses, with commodity stocks rebounding after oil rose towards $31 on hopes of a deal to tackle a supply glut and metals prices gaining ground on speculative buying. The STOXX Europe 600 Oil and Gas i

Indian stocks, financial and commodity markets were closed on Tuesday on account of Republic Day. Markets resume trading on Wednesday.

Hong Kong shares tumbled more than 2 percent on Tuesday, dragged lower by resumed slides in global equity markets and oil prices. A sharp sell-off in mainland China markets in afternoon trade added to selling pressure in Hong Kong. The Hang Seng index end

Southeast Asian shares were flat-to-weaker on Tuesday, in line with Asian peers after oil prices resumed their decline, and as fears of a global economic slowdown showed no sign of abating. Investors awaited cues from the US Federal Reserve and the Bank o

Britain's leading share index ended higher on Tuesday, lifted by an oil-price rise a knock-on rally in battered mining stocks. The bluechip FTSE 100 recovered from and early decline to finish 0.6 percent up at 5,911.46 points, although the index remains d

The dollar inched down slightly on Tuesday, though major currencies did not stray far from recent ranges as investors were cautious ahead of the outcome of the Federal Reserve's two-day policy meeting beginning later in the session. Investors will be pars

The safe-haven yen and the low-yielding euro halted their rise on Tuesday, as stock markets and oil prices recovered, providing some relief to battered commodity-linked and oil-related currencies such as the Australian and Canadian dollars. The dollar ind

A recovery in oil prices pushed the dollar higher against the yen and euro on Tuesday, but it fell overall as sterling rose and the oil-linked Canadian dollar gained. With crude oil prices near their lowest in 13 years, senior officials of the Organisatio

The dollar edged lower on Monday as renewed selling in oil markets drove investors into currencies often deemed less risky investments, such as the euro, Swiss franc and Japanese yen. Crude oil futures fell 6 percent after Iraq announced record-high oil p

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.50-78.50 (previous 78.50-78.50). 02.75-04.50 percent (* Previous 02.00-04.50 percent). (* revised).

The Sri Lankan rupee ended steady on Tuesday, a day after the central bank kept its key policy rates unchanged and as dollar sales by a private bank helped offset demand for the greenback from importers, dealers said. The private bank might have sold doll

Most emerging Asian currencies slid on Tuesday as oil prices resumed their decline, boosting worries about a slowing global economy and investors' aversion to riskier assets. South Korea's won led losses among regional currencies after data showed economi

China's yuan stayed flat against the dollar on Tuesday as the central bank kept holding the line, and traders expected the stability of the yuan to last until the Chinese Lunar New Year. The People's Bank of China set the midpoint rate at 6.5548 per dolla

Sterling gained against the dollar and euro on Tuesday as stock markets and oil prices recovered, providing some relief to investors worried by a slew of external and domestic risks to the British economy. The pound rose half a percent to $1.4324, leaving

The Australian and New Zealand dollars were slightly lower in tentative early trade on Tuesday, after riskier assets were hit hard overnight on renewed selling in oil markets. Crude oil futures fell 6 percent after Iraq announced record-high oil productio

Former Burnley and England striker Ray Pointer has died at the age of 79, his former club announced on Tuesday. Born in Northumberland, north-east England in 1936, Pointer joined Burnley in 1955 and went on to become the Lancashire club's second-highest s

The Punjab University 119th Inter-Collegiate Athletics Championship 2015-16 will get underway from Wednesday (today) here at university's News Campus Ground. PU acting vice-chancellor Professor Dr Mujahid Kamran will distribute prizes and medals among suc

Dozens of Serie A and B officials and players including Adriano Galliani, Hernan Crespo and Ezequiel Lavezzi have been targeted by an Italian police investigation into alleged tax evasion and false accounting, reports in Italy said Tuesday. Sky sport Ital

India drew first blood in the three-match Twenty20 series when they beat Australia by 37 runs at the Adelaide Oval on Tuesday. After Australian captain Aaron Finch won the toss and sent the visitors in to bat on both countries' national day, the Indians s

Captain of Twenty20 Shahid Khan Afridi on Tuesday announced he will be taking 150 students of Army Public School Peshawar (APS) to Dubai for the inaugural ceremony of Pakistan Super League (PSL). PSL will start next month from February 4 and will feature

Novak Djokovic said he was looking forward to the next instalment of his great rivalry with Roger Federer after he beat Kei Nishikori to set up an Australian Open semi-final with the Swiss. The five-time winner and world number one overcame an off-key Nis

Australian tennis great Rod Laver joined the legendary Don Bradman and Herb Elliott on Tuesday when he became only the third sportsman to be named a Companion of the Order of Australia, the country's highest honour. The 77-year-old celebrated his achievem

New Zealand paceman Trent Boult on Tuesday described seeing team-mate Mitchell McClenaghan felled by a bouncer as "stomach churning" and "scary", but insisted such deliveries are an intrinsic part of the game. McClenaghan was poleaxed during the Black Cap

Serena Williams beat Maria Sharapova for an 18th straight time despite a bout of food poisoning Tuesday to set up an Australian Open semi-final against Agnieszka Radwanska, who has never won against the dominant American. The six-time Melbourne Park champ

Kagiso Rabada, South Africa's 20-year-old fast bowling sensation, routed England as the hosts gained a consolation victory on the fifth day of the fourth and final Test on Tuesday. Rabada took six for 32 as England collapsed to 101 all out at SuperSport P

The government of Canada discriminated against aboriginal children by underfunding welfare services on reserves, a human rights tribunal ruled on Tuesday, a decision that could affect how Ottawa funds education, healthcare and housing for indigenous Canad

Marvin Minsky, the artificial intelligence pioneer who helped make machines think, leading to computers that understand spoken commands and beat grandmasters at chess, has died at the age of 88, the Massachusetts Institute of Technology said. Minsky, who

Travel operator Thomas Cook has cancelled all British bookings to Tunisia until November following a wave of violent protests across the country. Britain's Foreign Office has advised against all but essential travel to the north African country, which is

More than half of small and medium-sized companies in Germany believe the mass migrant influx can help alleviate the country's shortage of qualified labour and most are willing to hire refugees, a survey revealed on Tuesday. According to the survey conduc

An "active shooter" was reported at a San Diego military hospital Tuesday, but an initial sweep of the building in southern California found no evidence a shooting had occurred, officials said. Navy spokesman Jon Nylander told AFP that a single witness ha

Israeli Prime Minister Benjamin Netanyahu Tuesday accused the UN chief of "encouraging terror" after Ban Ki-moon spoke of Palestinian frustration at Israel's occupation and said it was natural to resist. "The comments of the UN Secretary General encourage

Six prestigious schools in central Paris and 14 schools in Britain were evacuated on Tuesday following hoax bomb threats. The Paris schools received practically identical calls between 10:20am (0920 GMT) and 11:20am, French police said. Students at Charle

The former head of Chinese brokerage Changjiang Securities has committed suicide, the official Xinhua news agency reported Tuesday, just weeks after the company said he was under investigation by authorities. Yang Zezhu apparently jumped from a 12-storey

French riot police and fire-fighters cleared a busy Paris ring road at rush-hour on Tuesday after taxi drivers angry about competition from private car ride firms like Uber threw tyres across the road and set them alight. The nation-wide protest by licens

The United States on Tuesday announced changes to its sanctions on Cuba, lifting export payment and financing restrictions and facilitating airline travel in Washington's latest move to ease the US embargo on the Communist-ruled island. The amendments, wh

The United States on Tuesday announced changes to its sanctions on Cuba, lifting export payment and financing restrictions and facilitating airline travel in Washington's latest move to ease the US embargo on the Communist-ruled island. The amendments, wh

The United Nations on Tuesday sent out invitations to new Syria peace talks in Geneva this week, as leading opposition representatives debated whether to attend. The invitations went out as regime forces backed by Russian warplanes seized a rebel town in

A landslide in a remote and violence-torn area of Colombia killed six people and left four missing, authorities said Tuesday. A wall of mud smashed into a small community in an isolated region of Narino department in south-western Colombia Monday night, s

Nuclear threats and climate change pose strong threats to the planet and a symbolic "doomsday" clock will stay at three minutes to midnight, the Bulletin of the Atomic Scientists said Tuesday. The clock serves as a metaphor for how close humanity is to de

Chief Minister Sindh Syed Qaim Ali Shah on Tuesday said that Sindh government was unnecessarily being criticised over the infant deaths in Thar despite the fact his government had provided sufficient health facilities in Tharparkar district. This he said

Pakistan Muslim League-Q (PML-Q) senior central leader and former Deputy Prime Minister Chaudhry Pervez Elahi visited the residence of Chairman Punjab Group of Colleges and former District Nazim Mian Amer Mahmud and offered condolence over demise of his f

Teachers of Government Nazareth Girls Degree College Hyderabad under the banners of Sindh Professors Lecturers Association (SPLA) protested against alleged rude attitude adopted by the college principal. Carrying banners and shouting slogans against the p

Hyderabad Electric Supply Company (Hesco) superintending engineer, operation circle Hyderabad, Malik Imtiaz-ul-Haque said that Hesco circle task force for recovery team was harassed and threatened with dire consequences when the team removed three-poll mo

2015 showed that people working together can succeed in the battle against corruption. Although corruption is still rife globally, more countries improved their scores in the 2015 edition of Transparency International's Corruption Perception Index than de

About the company: Sanofi-Aventis (PSX:SAPL) is the result of Sanofi Synthelabo acquiring Aventis SA in 2004. However, the company's roots go farther back than that; initially incorporated in 1967 as Hoechst Pakistan Limited, the company began manu

About the company: Sanofi-Aventis (PSX:SAPL) is the result of Sanofi Synthelabo acquiring Aventis SA in 2004. However, the company's roots go farther back than that; initially incorporated in 1967 as Hoechst Pakistan Limited, the company began manu

Six suspected terrorists were gunned down by security forces during search operations in Bela and Pasni areas on Tuesday. According to an FC spokesperson, on a tip-off, the Frontier Corps (FC) and intelligence agency personnel conducted a joint operation

The Met Office on Tuesday warned of moderate to heavy snowfall, expected in the upcountry mountainous region from Thursday to Saturday. In a weather warning, it predicted widespread rains, saying the rainy spell was feared to trigger landslides in the hig

Managing Director, Sindh Solid Waste Management Board (SSWMB), Roshan Ali Shaikh, has said that new Garbage Transportation Sites (GTS) will be functional soon after which a door-to-door garbage collection campaign will be launched in the city.

The Karachi Chamber of Commerce and Industry (KCCI) has achieved a historic milestone by purchasing a 2596 square yard land situated near Do Talwar for the construction of KCCI's grand building. In this regard, an agreement signing ceremony was held at KC

Muttahida Qaumi Movement (MQM) announced Tuesday that it was holding peaceful protests in different parts of Karachi against a court ban on broadcast of Altaf Hussain's speeches. According to the announcement, protests took place at Babar Market Landhi, C

Customs department, which is supposed to take all possible measures to avoid security risks, is said granting permissions to operate Web Based One Customs (WeBOC) for self-clearance of imports or exports consignments to non-professionals against undue gai

Divisional Commissioner Hyderabad Qazi Shahid Pervaiz has directed the officials of education works to take immediate measures to begin decoration work of the Government Collage Kali Mori to secure this historical national asset. He gave these directives

Oxford University Press (OUP) would organise the seventh edition of Karachi Literature Festival (KLF) on February 5 to 7 at local hotel here. The three-day festival would feature talks, panel discussions, readings, book launches, English and Urdu mushaira

A delegation of Sino-Hydro and Power China company called on Sindh Chief Minister Syed Qaim Ali Shah on Tuesday and showed interest in installing a coal-based power plant, a cement factory, a water project and a red line transport project worth over $4 bi

Investigating officer (IO) has submitted investigation report to the court in Baldia Town incident case, while non-bailable warrants of MQM worker Mansoor has been issued. Investigation Officer has presented its report regarding development in Baldia Town

Etihad Airways, the national airline of the United Arab Emirates, is offering travellers from Pakistan fantastic savings in its five-day Global Sale. From key gateways of Karachi, Lahore and Islamabad, guests travelling in Business and Economy Class can c

Five manufacturing companies of Pakistan are participating in expo Paperworld 2016 scheduled to be held in Frankfurt, Germany from 30th January to 2nd February 2016. The companies include Aftab Sons Writing Instruments, Dollar Industries, Indus Pencils Lt

The Board of Fauji Fertiliser Bin Qasim Limited (FFBL) has approved an aggregate investment of Rs 1.45 billion for the acquisition of all right shares offered to the company by Noon Pakistan Limited (NPL). The fertiliser giant has also got a nod from its

Pakistan will have biggest pavilion in Arab Health Exhibition with 35 companies which will participate under the umbrella of Trade Development Authority of Pakistan (TDAP). A TDAP press release said Arab Health Exhibition was a four-day event being held f

Law enforcement agencies carried out 1945 activities including search operations in Balochistan under National Action Plan, during which 9529 suspected persons including 423 suspected terrorists were arrested while 48 alleged terrorists were killed.

The opening day of 13th ITIF Asia-2016 witnessed an overwhelming participation of both local and foreign visitors, here at Karachi Expo Centre. The 3-day mega trade and industry fair is being organised jointly by Commerce Gateway Pakistan, World Chamber F

The United States Agency for International Development (USAID) held a ceremony today marking the successful completion of a six-month Energy Sector Internship Program that provided recent energy-degree graduates with on-the-job experience and skills train

Graduates attired in blue and Ajrak embroidered robes replete with exuberance and excitement gathered at the Pak-China Friendship Centre, Islamabad for their graduation ceremony. The 6th convocation of SZABIST-Islamabad, 2016 kicked off with profoundly an

A majority of lawmakers on Tuesday voted out the MQM's move to table an amendment bill seeking changes in Karachi Water and Sewerage Board Act during the Sindh Assembly session. The failure of tabling 'Karachi Water Sewerage Board (Amendment) bill' in the

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has said that our youth is our future and we will not allow anyone to play with their lives and we will not allow the terrorists to continue their cowardly acts. He expressed these views while presiding

Forthcoming intra-Pakistan Tehreek-e-Insaf elections have divided the Imran Khan's party into two main camps with old guards trying their best to perpetuate their hold on the key positions but new entrants are also stick to their position in a bid to intr

The Election Commission of Pakistan has agreed in principle for usage of Electronic Voting Machines in the next general elections following a pressing demand by Pakistan Tehreek-e-Insaf. PTI member Dr Arif Alvi informed this to a sub-committee of the Parl

Two persons died and four others were injured when a car plunged into a deep gorge here on Tuesday. According to police, the driver lost control over the car due to careless driving and low visibility, which skidded off the road and fell into the deep rav

The three-day "Grand Turkish Festival" is going to be held during February 19-21 here at Port Grand. Consulate General of Turkey, Turkish Airlines, STM Engineering and Zorlu Enerji are the main sponsors of the event. Port Grand has been chosen to host thi

An anti-terrorism court (ATC) on Tuesday reissued non-bailable arrest warrants of Muttahida Qaumi Movement (MQM) chief Altaf Hussain among 23 party workers and leaders in hate speech case. The investigation officer filed a report in the matter which state

Pakistan Customs has destroyed huge quantity of contraband items worth in millions on the occasion of International Customs Day. According to details, the Customs department has destroyed 22,400 bottles of liquor, 54,611 beer cans, different types of medi

The Khyber Pakhtunkhwa Technical Education and Vocational Training Authority (KP-TEVTA) has introduced a new training scheme to produce technicians for micro hydro power (MHP) plants, as a step to exploit the natural resource of gushing rivers in Swat by

The recent dry spell followed by rains forecast from Thursday (tomorrow) will have a positive impact on all the Rabi crops, especially wheat that stands over an area of 8.99 million hectares in the country. A senior official of Ministry of National Food S

H.E Dunya Maumoon, Foreign Minister of the Republic of Maldives, will undertake an official visit to Pakistan on 27-29 January 2016. The visiting dignitary will call on the Prime Minister of Pakistan. She will also hold meetings with the Adviser to the Pr

President Mamnoon Hussain on Tuesday expressed his profound grief and sorrow over the death of former foreign minister Sahibzada Yaqoob Khan. The President said that his services for Pakistan would be remembered forever. The President in his condolence me

National Assembly Standing Committee on Cabinet Secretariat has unanimously approved "The Disabled Persons Employment and Rehabilitation (Amendment) Bill, 2014" to facilitate the disabled in government and private sector jobs. The committee meeting was he

Pakistan Telecommunication Authority (PTA) in its ongoing efforts to control grey traffickers has unearthed an illegal gateway exchange in Sahiwal. According to details, a successful raid against the grey operator was carried out along with FIA team at Vi

In the wake of militant attack on Bacha Khan University, Charsadda, the Inspector General of Police (IGP), Khyber Pakhtunkhwa, Nasir Khan Durrani has issued detailed security guidelines for enhancing the security of educational institutions to the CCPO, P

The Federal Board of Revenue (FBR) is considering the revised job description of Inland Revenue Inspectors taking into account their powers, functions and jurisdiction issued by the Regional Tax Office (RTO) Rawalpindi. It is learnt that the FBR Policy Wi

The Indian High Commissioner (designate) to Pakistan Gautam Bambawale hosted a reception to celebrate the 67th Republic Day of India here on Tuesday. The event kicked off with national anthem of the two countries as scores of politicians, parliamentarians

"The Chief of Army Staff's decision not to seek an extension has been hailed by all and need I add that this would lay to rest all speculation ..."

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed to speed up preparatory process for the construction of Swat Expressway declaring that physical work on the project will be intended in June this year. He issued these directives while presidin

Pakistani and Chinese sides to evolve strategic IT sector collaboration through E-Corridor supplementing CPEC. A high-level Chinese delegation led by Yan Lijin Chairman, China Investment Promotion Centre called on Minister of State for IT Anusha Rehman he

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has expressed deep grief over the sad demise of former Foreign Minister Sahibzada Yaqub Ali Khan. He has prayed for the departed soul and expressed condolences with the bereaved family. JI Secretary

President Pakistan Peoples Party Parliamentarians and former President of Pakistan Asif Ali Zardari has condoled the death of renowned Punjabi poetess Nasreen Anjum Bhatti. Nasreen Anjum Bhatti was a voice of dissent during General Zia-ul-Haq's dictatorsh