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Jun 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-05-01
Trump invites Philippines' Duterte to Washington for talks

Trump invites Philippines' Duterte to Washington for talks

US President Donald Trump on Saturday invited his Philippine counterpart to Washington in a "friendly" call in which the leaders discussed Rodrigo Duterte's war on drugs and their countries' alliance, the White House said.
Published 01 May, 2017 12:00am
Macedonia opposition plans to form government

Macedonia opposition plans to form government

Macedonia's opposition Social Democrats said Sunday they would push ahead in forming a government with ethnic Albanian partners, following an eruption of violence when protesters who oppose them stormed parliament. Nationalist demonstrators forced their w
Published 01 May, 2017 12:00am
Le Pen plays green card

Le Pen plays green card

With a week to go before France's presidential election runoff, far-right candidate Marine Le Pen played the green card outside a controversial aluminium plant in the south of the country. Le Pen has made a series of targeted campaign stops in a bid to cl
Published 01 May, 2017 12:00am
Cities brace for climate challenges

Cities brace for climate challenges

Faced with exploding populations and steadily rising temperatures worldwide, cities must make haste in reinforcing defences against climate change-induced flooding and heat waves, experts warned this week. City temperatures are forecast to shoot up in the
Published 01 May, 2017 12:00am
Call for fostering moral values among youth

Call for fostering moral values among youth

The Associate Dean, Business Administration and Social Sciences Faculty, Muhammad Ali Jinnah University (MAJU), Karachi, Dr Shujaat Mubarak asked the faculty members to produce youths having moral values for the society besides providing good business man
Published 01 May, 2017 12:00am
Imran has failed to deliver: Muqam

Imran has failed to deliver: Muqam

Advisor to Prime Minister and Provincial President PML-N KP Chapter, Engineer Ameer Muqam Sunday said PTI Chief has wasted his assessment time in sit-in and now he was thinking for developmental works. Addressing a joining gathering at Nowshera district,
Published 01 May, 2017 12:00am
PPP to stage sit-ins across Sindh

PPP to stage sit-ins across Sindh

Senior Sindh Minister Nisar Khoro has said that they are committed to get basic rights of people of Sindh and Sunday's sit-in was a part of our movement "go Nawaz go". He said such sit-ins would be staged in all divisions of Sindh, adding that if we would
Published 01 May, 2017 12:00am
PML-N, PTI workers clash

PML-N, PTI workers clash

Workers of Pakistan Muslim League-Nawaz (PML-N) and those of Pakistan Tehreek-e-Insaf (PTI) confronted one another with slogans on Sunday outside Karachi Press Club (KPC). Activists of the two political organisations chanted slogans against one another in
Published 01 May, 2017 12:00am
Unity of religious forces inevitable: JI chief

Unity of religious forces inevitable: JI chief

Chief of Jamaat-e-Islami Senator Sirajul Haq has said that the unity of the religious forces was inevitable for safeguarding the Islamic identity of the country. Addressing the Ijtema of the Jamiat-e-Talaba Arabia at Mansoora, he said that the colonial po
Published 01 May, 2017 12:00am
Wapda introduces free transport services for effectees Dasu Project

Wapda introduces free transport services for effectees Dasu Project

Pakistan Water and Power Development Authority (WAPDA) launched free-of-cost air-conditioned transport service for affectees of Dasu Hydropower Project in Kohistan District of Khyber Pakhtunkhwa Province. The service has been provided to the local populac
Published 01 May, 2017 12:00am
Opponents of PML-N will be exposed in 2018 polls: Hashmi

Opponents of PML-N will be exposed in 2018 polls: Hashmi

The Karachites are fully with Prime Minister Muhammad Nawaz Sharif in the journey for the peace, progress, development, and prosperity in the country. This was stated by the Senator of Pakistan Muslim League-Nawaz (PML-N), Nihal Hashmi, while addressing a
Published 01 May, 2017 12:00am
'The energy sector' - II

'The energy sector' - II

There was a time some years' back when both SSGC and SNGPL were instructed to sanction gas supply only to industrial and commercial consumers using efficient cogeneration/ combined heat and power systems and yet we have wasted enormous quantity of gas on
Published 01 May, 2017 12:00am
Trump cuts spark fears of global tax war

Trump cuts spark fears of global tax war

Donald Trump's plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts say. In what Trump's economic advisor Gary Cohn describe
Published 01 May, 2017 12:00am
Tax breaks and the economy
Cotton

Tax breaks and the economy

The Finance Ministry in a written response to the National Assembly this week past stated that Chinese investors under the China Pakistan Economic Corridor (CPEC) are exempted from taxes and concessions, amounting to 156 billion rupees in lost revenue, bu
Published 01 May, 2017 12:00am
Third tier of Governance

Third tier of Governance

Invariably, the constitution of a functional democracy is an admixture of time-honoured maxim of one man one vote, and the complex ground realities including socio-political aspirations of its people, geostrategic compulsions dictated by its setting and r
Published 01 May, 2017 12:00am
Needless tensions
Exchange

Needless tensions

Wednesday's terrorist attack by Jaish-ul-Adl militants near the Pak-Iran border that left nine Iranian border guards dead must not be allowed to cast a dark shadow - as it is beginning to look - on the two brotherly countries relations. Pointing the finge
Published 01 May, 2017 12:00am
Elon Musk teases future plans at TED talk

Elon Musk teases future plans at TED talk

Elon Musk paused while chatting about his series of potentially world-changing endeavours to say he isn't in it to provide salvation. It was during a talk on Friday at a prestigious TED Conference in Vancouver, where the tech entrepreneur was discussing h
Published 01 May, 2017 12:00am
Siemens, SAP sign cooperation deals with Saudi Arabia

Siemens, SAP sign cooperation deals with Saudi Arabia

Saudi Arabia wants German companies Siemens and SAP to play an important role in furthering the kingdom's "digital transformation", company officials said on Sunday during German Chancellor Angela Merkel's visit to the country.
Published 01 May, 2017 12:00am
US economy softens but Fed likely to stay the course

US economy softens but Fed likely to stay the course

Since the Federal Reserve upped its benchmark interest rates by a notch in mid-March, the skies have grown a shade darker for the world's largest economy. The softening outlook may have sapped some of the justification for policymakers to make the two fur
Published 01 May, 2017 12:00am
Deutsche See to buy 80 Deutsche Post electric vans

Deutsche See to buy 80 Deutsche Post electric vans

German fish distributor Deutsche See plans to buy 80 electric delivery vans from Deutsche Post DHL Group after Volkswagen turned down a request to build a zero-emission vehicle, Bild am Sonntag reported.
Published 01 May, 2017 12:00am
China-built amphibious aircraft takes maiden flight

China-built amphibious aircraft takes maiden flight

China's domestically developed AG600, the world's largest amphibious aircraft, took its maiden flight ahead of schedule on Saturday from the southern city of Zhuhai, according to the official Xinhua news agency. The AG600 was designed to extinguish forest
Published 01 May, 2017 12:00am
Aramex first quarter net profit down five percent

Aramex first quarter net profit down five percent

Dubai-based courier Aramex reported a 5 percent fall in first-quarter net profit on Sunday due to a rise in provisions related to the company's incentive scheme. The company made a net profit of 91.8 million dirhams ($25.0 million) in the three months to
Published 01 May, 2017 12:00am
Aramex first quarter net profit down five percent

Aramex first quarter net profit down five percent

Dubai-based courier Aramex reported a 5 percent fall in first-quarter net profit on Sunday due to a rise in provisions related to the company's incentive scheme. The company made a net profit of 91.8 million dirhams ($25.0 million) in the three months to
Published 01 May, 2017 12:00am
Urban farming flourishes in New York

Urban farming flourishes in New York

The urban farm craze is finding fertile ground in New York, where 10 young entrepreneurs are learning to grow greens and herbs without soil, bathed in an indoor, psychedelic light. In a "hothouse" of invention in a Brooklyn car park, each farms a containe
Published 01 May, 2017 12:00am
New refinery to make Iran petrol self-sufficient

New refinery to make Iran petrol self-sufficient

President Hassan Rouhani on Sunday opened a refinery on the Gulf that he said will make Iran self-sufficient in the production of petroleum. "Self-reliance in petroleum production is a great honour for the Iranian people," he told reporters at the plant i
Published 01 May, 2017 12:00am
China steams to the rescue for Bulgaria's creaking railways

China steams to the rescue for Bulgaria's creaking railways

"Granny Bear" has proved a big hit in Bulgaria since the 1930s steam train returned from retirement, chugging day-trippers through stunning scenery from Sofia to the Cherepish Monastery. "She is super, the engine, I like it better than a modern one!" said
Published 01 May, 2017 12:00am
China's manufacturing growth slows faster than expected

China's manufacturing growth slows faster than expected

Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand.
Published 01 May, 2017 12:00am
Chelsea throw down gauntlet to Spurs, Manchester misery

Chelsea throw down gauntlet to Spurs, Manchester misery

Chelsea looked every inch champions in taking a significant step towards the Premier League title on Sunday with victory at Everton, while the Manchester clubs stumbled in the race for the top four. A superb second-half strike by Pedro and late goals from
Published 01 May, 2017 12:00am
Serena Hotels Polo Cup 2017 ends

Serena Hotels Polo Cup 2017 ends

The grand finale of the Serena Hotels Polo Cup 2017 drew an audience of more than 500 guests who thronged to the Islamabad Club Polo Ground for the exciting match between Asean Red and President Body Guard. Members of the diplomatic corps, government offi
Published 01 May, 2017 12:00am
Kuwaiti quits FIFA council to fight bribery claim
Exchange

Kuwaiti quits FIFA council to fight bribery claim

World sport powerbroker Sheikh Ahmad al-Fahad al-Sabah announced his resignation Sunday from the FIFA council, saying he did not want to be a distraction while fighting corruption allegations. Aside from serving on FIFA's top body, the Kuwaiti heads the i
Published 01 May, 2017 12:00am
Wild card Siegemund wins Stuttgart title

Wild card Siegemund wins Stuttgart title

Germany's Laura Siegemund was the shock winner of Stuttgart's WTA tournament on Sunday after her three-set win over France's Kristina Mladenovic in the final. Siegemund, ranked 49th in the world and a wild card entry for the main draw, sealed a 6-1, 2-6,
Published 01 May, 2017 12:00am
Nadal wins 10th Barcelona Open

Nadal wins 10th Barcelona Open

Rafael Nadal romped to his 10th Barcelona Open title on Sunday as he swept aside Austria's Dominic Thiem 6-4, 6-1 for a 51st clay-court crown. The Spaniard has made the perfect start to the clay-court season and will aim for a 10th French Open next month
Published 01 May, 2017 12:00am
Joshua stops Klitschko in 11th round of heavyweight epic

Joshua stops Klitschko in 11th round of heavyweight epic

Young gun Anthony Joshua got up off the canvas to stop former champion Wladimir Klitschko Saturday in the 11th round of a heavyweight world title fight that is being hailed as an epic. In a tumultuous atmosphere at Wembley Stadium, 90,000 fans saw the und
Published 01 May, 2017 12:00am
Sri Lanka hire Allan Donald as bowling coach

Sri Lanka hire Allan Donald as bowling coach

Sri Lanka Cricket Sunday announced they had hired former South African paceman Allan Donald as temporary bowling coach ahead of the Champions Trophy in England. The 50-year-old will join as "consultant fast bowling coach" for two months in the run-up to t
Published 01 May, 2017 12:00am
West Indies top order exposed again by Pakistan

West Indies top order exposed again by Pakistan

West Indies' vulnerable top-order batting was again exploited by Pakistan as the home team reached 72 for three at lunch after choosing to bat first on the opening day of the second Test at Kensington Oval on Sunday.
Published 01 May, 2017 12:00am
Prehistoric human DNA is found in caves without bones

Prehistoric human DNA is found in caves without bones

International scientists have uncovered prehistoric human DNA from caves without bones, an advance that could shed new light on human history and evolution. The study published in the journal Science is based on 85 samples from sediments dating to the Ple
Published 01 May, 2017 12:00am
Rare surgery enables toddler with three legs to walk & run

Rare surgery enables toddler with three legs to walk & run

A toddler born with three legs - because body parts of a twin had grown inside her - was returning home to Bangladesh on Friday after complex and rare surgery in Australia enabled her to walk and run, her doctor said.
Published 01 May, 2017 12:00am
Humans threaten 'fossil' groundwater: study

Humans threaten 'fossil' groundwater: study

Human activity risks contaminating pristine water stockpiled deep underground since the age of the mammoths, said a study Tuesday that warns of a looming threat to a critical life source. So-called "fossil" groundwater - more than 12,000 years old - trick
Published 01 May, 2017 12:00am
Diet and gut bacteria linked with blood clots

Diet and gut bacteria linked with blood clots

Consuming too much choline, a nutrient sold in over-the-counter dietary supplements, can boost the risk for blood clots, researchers warn. That's because bacteria in the intestines interact with choline to produce a compound that encourages platelets to c
Published 01 May, 2017 12:00am
Scientists develop fluid-filled artificial womb

Scientists develop fluid-filled artificial womb

Scientists in the United States have developed a fluid-filled womb-like bag known as an extra-uterine support device that could transform care for extremely premature babies, significantly improving chances of survival. In pre-clinical studies with lambs,
Published 01 May, 2017 12:00am
Prospect of a new malaria vaccine is great news: WHO

Prospect of a new malaria vaccine is great news: WHO

A new malaria vaccine will be tested on a large scale in Kenya, Ghana and Malawi, the World Health Organization said Monday, with 360,000 children to be vaccinated between 2018 and 2020. The injectable vaccine RTS,S could provide limited protection agains
Published 01 May, 2017 12:00am
Virtual reality, apps add interactivity to music videos

Virtual reality, apps add interactivity to music videos

More musicians are using new technology, including 360-degree cameras, virtual reality musical experiences and vertical videos, to reach the smartphone generation of music fans who are discovering new music on their phones and tablets.
Published 01 May, 2017 12:00am
World's smallest 4G smartphone unveiled

World's smallest 4G smartphone unveiled

'Jelly,' the tiny 4G Smartphone has been unveiled which is considered to be the world's smallest phone. The smartphone has a 2.45-inch display, and is about 3.6 inches long and about 1.7 inches wide. Despite its small size, Jelly works like any other smar
Published 01 May, 2017 12:00am
Samsung to update software over 'red screen' smartphone

Samsung to update software over 'red screen' smartphone

Electronics giant Samsung will this week offer an unusually early software update for its newly-released Galaxy S8 phone, it said April 24 after some consumers complained of red-tinted screens. The launch of the device is a key step for the South Korean t
Published 01 May, 2017 12:00am
Wikipedia launches project to tackle scourge of misinformation

Wikipedia launches project to tackle scourge of misinformation

Wikipedia founder Jimmy Wales is launching a project aimed at reshaping the news media - and tackling the scourge of misinformation - using the same collaborative principles as the revolutionary online encyclopedia. Wikitribune will rely on a broad online
Published 01 May, 2017 12:00am
Google tweak aims at curbing fake, misleading search results

Google tweak aims at curbing fake, misleading search results

Google on April 25 announced changes to how it delivers and ranks internet searches, the latest effort by the tech giant to weed out "fake news" and offensive content. The new initiative includes tweaks to the algorithm used by Google to deliver search re
Published 01 May, 2017 12:00am
Most teens have taken social media break: AP-NORC poll

Most teens have taken social media break: AP-NORC poll

The common stereotype has teens glued to their phones 24-7. But nearly 60 percent of teens in the U.S. have actually taken a break from social media, the bulk of them even voluntarily, a new survey found.
Published 01 May, 2017 12:00am
Amazon's results beat estimates, lifted by cloud unit
Exchange

Amazon's results beat estimates, lifted by cloud unit

Amazon.com Inc on Thursday said revenue from its cloud business, advertising and subscription services rose in the first quarter, helping it beat profit expectations. The world's largest online retailer said net income rose 41 percent to $724 million, or
Published 01 May, 2017 12:00am
Malaysia Airlines offers to lease A330s from Alitalia

Malaysia Airlines offers to lease A330s from Alitalia

Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier's chief executive said on Wednesday. Alitalia is preparing for special administration proceedings after workers rejected
Published 01 May, 2017 12:00am
Volvo profits lifted by strong lorry demand in Europe

Volvo profits lifted by strong lorry demand in Europe

Swedish truck making giant Volvo on Tuesday announced a larger than expected rise in profit in the first quarter due to strong lorry demand in Europe and Japan. Profit was 4.82 billion kronor (500 million euros, $544 million), and adjusted operating profi
Published 01 May, 2017 12:00am
Volvo profits lifted by strong lorry demand in Europe

Volvo profits lifted by strong lorry demand in Europe

Swedish truck making giant Volvo on Tuesday announced a larger than expected rise in profit in the first quarter due to strong lorry demand in Europe and Japan. Profit was 4.82 billion kronor (500 million euros, $544 million), and adjusted operating profi
Published 01 May, 2017 12:00am
Logitech looking at acquisitions after strong fourth quarter: CEO

Logitech looking at acquisitions after strong fourth quarter: CEO

Logitech is looking at acquisitions to accelerate growth and help expand into new product categories, Chief Executive Bracken Darrell said on Wednesday after the computer peripherals maker's fourth-quarter results beat forecasts. "We are always looking at
Published 01 May, 2017 12:00am
Logitech looking at acquisitions after strong fourth quarter: CEO

Logitech looking at acquisitions after strong fourth quarter: CEO

Logitech is looking at acquisitions to accelerate growth and help expand into new product categories, Chief Executive Bracken Darrell said on Wednesday after the computer peripherals maker's fourth-quarter results beat forecasts. "We are always looking at
Published 01 May, 2017 12:00am
Gazprom CEO sees share of EU gas market rising

Gazprom CEO sees share of EU gas market rising

A new pipeline from Russia's Arctic fields to Germany will boost Moscow's share of the European gas market despite competition from Qatar and the United States, and will also mean much less fuel goes via Ukraine, Russian gas monopoly Gazprom said.
Published 01 May, 2017 12:00am
Nestle to cut UK jobs, move some production to Poland

Nestle to cut UK jobs, move some production to Poland

Nestle plans to cut almost 300 jobs in Britain as it simplifies its operations and moves production of Blue Riband biscuits to Poland, becoming the latest food and drink maker to reduce its UK operations as the country prepares to leave the European Union
Published 01 May, 2017 12:00am
Citi gets capital markets licence to operate in SA

Citi gets capital markets licence to operate in SA

Citigroup has obtained a licence to conduct capital markets business in Saudi Arabia, a move that will allow the US bank to return to the kingdom to offer banking services after an absence of almost 13 years. The business, which will be branded Citigroup
Published 01 May, 2017 12:00am
Citi gets capital markets licence to operate in SA

Citi gets capital markets licence to operate in SA

Citigroup has obtained a licence to conduct capital markets business in Saudi Arabia, a move that will allow the US bank to return to the kingdom to offer banking services after an absence of almost 13 years. The business, which will be branded Citigroup
Published 01 May, 2017 12:00am
Asahi Life to increase holdings of foreign bonds in FY2017
Exchange

Asahi Life to increase holdings of foreign bonds in FY2017

Japan's Asahi Mutual Life Insurance Co plans to raise its holdings of foreign bonds and step up investment in alternative assets in the current business year to March, a senior company executive said on Monday, as domestic yields remain low. The company a
Published 01 May, 2017 12:00am
European funds wary of US equities, keen on emerging markets

European funds wary of US equities, keen on emerging markets

Scepticism about US tax reform plans, and pricey valuations after a record rally, kept European money managers wary of North American equities in April, while a hectic election calendar has also reduced the lure of euro zone assets.
Published 01 May, 2017 12:00am
European funds wary of US equities, keen on emerging markets

European funds wary of US equities, keen on emerging markets

Scepticism about US tax reform plans, and pricey valuations after a record rally, kept European money managers wary of North American equities in April, while a hectic election calendar has also reduced the lure of euro zone assets.
Published 01 May, 2017 12:00am
UK funds raise stocks to pre-Brexit levels
Exchange

UK funds raise stocks to pre-Brexit levels

British fund managers raised their equity holdings to pre-Brexit levels in April, a Reuters poll showed on Friday, with some investors betting that a Conservative win in the June 8 snap election may lead to a better deal with the European Union.
Published 01 May, 2017 12:00am
UK funds raise stocks to pre-Brexit levels
Exchange

UK funds raise stocks to pre-Brexit levels

British fund managers raised their equity holdings to pre-Brexit levels in April, a Reuters poll showed on Friday, with some investors betting that a Conservative win in the June 8 snap election may lead to a better deal with the European Union.
Published 01 May, 2017 12:00am
Two reasons why Italians are turning sour on the euro

Two reasons why Italians are turning sour on the euro

The eurozone's greatest existential threat may no longer centre on small, peripheral countries such as Greece and Portugal dragging it down, but instead on the prospect that its third largest economy, Italy, could abandon ship.
Published 01 May, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.23-80.23 (previous 80.23-80.23).
Published 01 May, 2017 12:00am
IPO delay lifts spotlight off China's shadow banks

IPO delay lifts spotlight off China's shadow banks

China's trust industry could use a little sunlight. The first stock market listing in 20 years is up in the air, after Shandong International Trust missed a regulatory deadline in Hong Kong. This is a pity. The initial public offering would have helped in
Published 01 May, 2017 12:00am
IPO delay lifts spotlight off China's shadow banks

IPO delay lifts spotlight off China's shadow banks

China's trust industry could use a little sunlight. The first stock market listing in 20 years is up in the air, after Shandong International Trust missed a regulatory deadline in Hong Kong. This is a pity. The initial public offering would have helped in
Published 01 May, 2017 12:00am
Renzi likely to win Democratic Party election

Renzi likely to win Democratic Party election

Former Italian prime minister Matteo Renzi was Sunday poised to win the leadership of Italy's ruling Democratic Party (PD) in a primary election, propelling him back to the forefront of the national political scene. Renzi, 42, resigned as prime minister i
Published 01 May, 2017 12:00am
Erdogan says 'saddened' by US flags with Syrian YPG

Erdogan says 'saddened' by US flags with Syrian YPG

President Recep Tayyip Erdogan on Sunday said Ankara was "seriously saddened" by footage showing American military vehicles operating close to the border with Syrian Kurdish fighters Turkey sees as a terror group. The Syrian Kurdish Peoples' Protection Un
Published 01 May, 2017 12:00am
Tornadoes rip across East Texas, killing at least four

Tornadoes rip across East Texas, killing at least four

Tornadoes ripped through an East Texas county on Saturday evening, killing at least four people and injuring dozens of others, and authorities warned the number of casualties could rise. Three tornadoes were confirmed by the US National Weather Service in
Published 01 May, 2017 12:00am
Israel says 300 Palestinian inmates end hunger strike

Israel says 300 Palestinian inmates end hunger strike

An Israeli minister said Sunday that 300 Palestinians have agreed to end an almost two-week-old hunger strike launched in protest at the conditions of their detention. The Palestinians, for their part, said 1,500 prisoners were keeping up their fast in Is
Published 01 May, 2017 12:00am
'Billions' star Lewis reveals Obama acting tips

'Billions' star Lewis reveals Obama acting tips

British acting star Damian Lewis on Sunday revealed that former US President Barack Obama had offered him advice in playing a charismatic hedge fund manager in hit television series "Billions". When asked by the BBC's Andrew Marr if his character Bobby "A
Published 01 May, 2017 12:00am
Japan warship to escort US supply vessel in Pacific

Japan warship to escort US supply vessel in Pacific

Japan will dispatch its biggest warship since World War II to protect a US supply ship, as tensions mount in the region over North Korea, media reports said on Sunday. The helicopter carrier Izumo will leave the mother port of Yokosuka, south of Tokyo, on
Published 01 May, 2017 12:00am
UK's May 'not in a different galaxy' over Brexit

UK's May 'not in a different galaxy' over Brexit

British Prime Minister Theresa May on Sunday denied she was "in a different galaxy" after European Union leaders were reportedly dismayed by her Brexit negotiating demands at a meeting this week. May told European Commission President Jean-Claude Juncker
Published 01 May, 2017 12:00am
Libya seizes oil tankers and crew after shootout at sea
Exchange

Libya seizes oil tankers and crew after shootout at sea

Libya has seized two foreign-flagged oil tankers and detained their crews for allegedly smuggling fuel after an hours-long gunbattle off the west coast, authorities said. Oil is Libya's main natural resource, with reserves estimated at 48 billion barrels,
Published 01 May, 2017 12:00am
Duterte gives China free pass over sea row

Duterte gives China free pass over sea row

Philippine President Rodrigo Duterte failed to condemn China's push to control most of the disputed South China Sea on Sunday after hosting a regional summit, handing Beijing a political victory. A day after taking centre stage as host of an Association o
Published 01 May, 2017 12:00am
Trump hails first 100 days in office, says 'battles' ahead

Trump hails first 100 days in office, says 'battles' ahead

Donald Trump hailed a "very productive" first 100 days as America's president on Saturday, telling a roaring crowd of supporters other "great battles" ahead would be won. In an hour-long speech Trump lambasted the media and predecessor Barack Obama, boast
Published 01 May, 2017 12:00am
JI protest against outages, over-billing continues

JI protest against outages, over-billing continues

The workers of Jamaat-e-Islami continued their protest on Sunday outside Governor House in the city on looad-shedding and over-billing "We want the authorities to make up for the losses borne by [the people of] Karachi," JI Karachi Ameer Naeem-ur-Rehman s
Published 01 May, 2017 12:00am
Proactive leadership role may promote girls' education

Proactive leadership role may promote girls' education

Speakers among educationists, head teachers and civil society activists came together to contribute in educational status in district Matiari and emphasised that pro-active leadership role may increase girls' education. This was discussed in a closing cer
Published 01 May, 2017 12:00am
Labourers' welfare: PML-N government's top priority: Shahbaz

Labourers' welfare: PML-N government's top priority: Shahbaz

Punjab Chief Minister Muhammad Shehbaz Sharif has said that International Labour Day revives the memory of struggle of workers of Chicago in 1886 for their fundamental rights and sacrifices they offered in the attainment of their objectives.
Published 01 May, 2017 12:00am
Aizaz presides Mushaira in California

Aizaz presides Mushaira in California

Ambassador Aizaz Chaudhry presides Urdu poetry recitation event (Mushaira) organised by the Urdu Writers Society (North America) in California on Sunday. During his first visit to Los Angeles, California as Ambassador of Pakistan to the US, Aizaz Ahmad Ch
Published 01 May, 2017 12:00am
Sales tax on motor spirit increased

Sales tax on motor spirit increased

Federal Board of Revenue (FBR) has increased sales tax on motor spirit from 15.5 per cent to 20 percent from May 1, 2017. According to an SRO 292(1)/2017 issued by the FBR, sales tax on kerosene would remain at zero per cent from May 1, 2017. Sales tax on
Published 01 May, 2017 12:00am
Shahbaz reviews: 'Saaf Pani Programme' progress

Shahbaz reviews: 'Saaf Pani Programme' progress

Punjab Chief Minister Shahbaz Sharif presided over a meeting to review progress on Saaf Pani Programme. Addressing the meeting, the Chief Minister said that potable water was an important component of life and for this purpose a mega project had been evol
Published 01 May, 2017 12:00am
SCCI wants sector- specific EPC

SCCI wants sector- specific EPC

President Sialkot Chamber of Commerce and Industry (SCCI) Majid Raza Bhutta has urged upon the government to take drastic steps for setting up of sector specific Export Promotion Councils (EPC) in the country. The proposed councils should be established f
Published 01 May, 2017 12:00am
Sizzling heat persists in Karachi, other parts of Sindh

Sizzling heat persists in Karachi, other parts of Sindh

Blistering heat struck Karachi and other parts of Sindh province on Sunday, crippling social and business life. The maximum temperature of 42 degrees centigrade was recorded in Nawabshah and Thatta; 41 in Hyderabad, Dadu, Tando Allahyar, and Mirpurkhas; 4
Published 01 May, 2017 12:00am
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