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Print - 2019-02-06
Kashmir Solidarity Day observed in KP

Kashmir Solidarity Day observed in KP

To express solidarity with people of Kashmir, different political and religious parties, trade unions, employees' federation, freedom movement for Kashmiris took out rallies and walks and organised seminars and special gatherings here on Tuesday.
Published 06 Feb, 2019 12:00am
International community urged to help stop bloodshed in IHK

International community urged to help stop bloodshed in IHK

Minister for Kashmir Affairs and Gilgit-Baltistan Ali Amin Gandapur on Tuesday urged international community, Muslim Ummah and human rights organisations all over the world to play their due role in stopping the bloodshed in Occupied Kashmir at the hands
Published 06 Feb, 2019 12:00am
Milk testing week organized in KP

Milk testing week organized in KP

A milk testing week was organized under aegis of Khyber Pakhtunkhwa Food Safety and Halal Food Authority in different districts of the province.
Published 06 Feb, 2019 12:00am
Pak-China friendship time tested: KP speaker

Pak-China friendship time tested: KP speaker

Speaker KP assembly Mushtaq Ahmed Ghani on Tuesday said that Pak-China friendship is time tested and exemplary in the world, completion of CPEC would open new avenues of development for both countries and the economies would also thrive.
Published 06 Feb, 2019 12:00am
Minister rules out deal with Nawaz

Minister rules out deal with Nawaz

Minister for Parliamentary Affairs Ali Muhammad Khan, dismissing possibility of any deal between the Pakistan Tehreek-e-Insaf (PTI) and the Pakistan Muslim League-Nawaz (PML-N), said if it happened it would be a big setback for his party.
Published 06 Feb, 2019 12:00am
Asfandyar vows to resist 18th Amendment rollback

Asfandyar vows to resist 18th Amendment rollback

ANP president Asfandyar Wali Khan has reiterated resistance to the annulment of any finance related section of the 18th Constitutional Amendment and termed any move in this regard against the interest of the country. He was addressing a function in connec
Published 06 Feb, 2019 12:00am
36 NA standing committees formed

36 NA standing committees formed

National Assembly Speaker Asad Qaiser on Tuesday constituted 36 standing committees of the lower house comprising MNAs from various parties as well as independent lawmakers.
Published 06 Feb, 2019 12:00am
Minor girl killed in road mishap in Landi Kotal

Minor girl killed in road mishap in Landi Kotal

A five-year old girl was killed when Torkham-bound speedy coach hit at Wasef square bypass road, Khuga Khel, Landi Kotal on Tuesday. The administration and local sources informed that the minor girl, Memona d/o Imran was crossing the road when the passeng
Published 06 Feb, 2019 12:00am
UN urged to play its due role in resolving Kashmir issue

UN urged to play its due role in resolving Kashmir issue

The United Nations (UN) must play its due role in resolving the Kashmir issue as per its own passed resolutions to protect almost 1.75 billion people living in South Asia from a nuclear clash between India and Pakistan.
Published 06 Feb, 2019 12:00am
The 18th Amendment

The 18th Amendment

Pakistan People's Party (PPP) has been consistently claiming that efforts are afoot against the "historic" 18th Amendment in the Constitution of Pakistan. Its co-chairman, Asif Ali Zardari, in particular argues that this amendment has ensured equal rights
Published 06 Feb, 2019 12:00am
Rethinking NFC - I

Rethinking NFC - I

This Policy Brief addresses four issues: enhancing fiscal equity, enhancing horizontal equity, federal fiscal constraint concerns, and dangers of any attempt to dilute or roll back the 2010 devolution.
Published 06 Feb, 2019 12:00am
Economy: some home truths

Economy: some home truths

Pakistan has seemingly overcome its energy crisis as generation has increased from 22, 812 megawatts in 2013 to 29, 573 megawatts in 2018. In addition, energy projects with a cumulative capacity of 17,045 megawatts are in the pipeline, as part of the Chin
Published 06 Feb, 2019 12:00am
Two new southern Punjab provinces proposal

Two new southern Punjab provinces proposal

While the issue of creating a new province in southern Punjab simmers on the backburner, the opposition Pakistan Muslim League-Nawaz (PML-N) has moved a bill on January 29, 2019, advocating the creation of not one but two new provinces in southern Punjab.
Updated 11 Mar, 2019 08:02am
Federal vs provincial tax collections

Federal vs provincial tax collections

The government has reportedly decided to establish a high-powered Tax Commission with the objective of getting back the power to collect general sales tax on services and agriculture income tax from provinces as well as formulate a unified valuation rate
Updated 11 Mar, 2019 08:02am
Apple agrees 500 million-euro tax settlement with France

Apple agrees 500 million-euro tax settlement with France

Apple said Tuesday that it had reached an agreement with French authorities to settle 10 years of back taxes, becoming the latest US company to make a deal with France, which has led a European push for higher taxes on tech giants.
Published 06 Feb, 2019 12:00am
Apple agrees 500 million-euro tax settlement with France

Apple agrees 500 million-euro tax settlement with France

Apple said Tuesday that it had reached an agreement with French authorities to settle 10 years of back taxes, becoming the latest US company to make a deal with France, which has led a European push for higher taxes on tech giants.
Published 06 Feb, 2019 12:00am
Apple agrees 500 million-euro tax settlement with France

Apple agrees 500 million-euro tax settlement with France

Apple said Tuesday that it had reached an agreement with French authorities to settle 10 years of back taxes, becoming the latest US company to make a deal with France, which has led a European push for higher taxes on tech giants.
Published 06 Feb, 2019 12:00am
Tax on ESSI''s income: SC sets aside PHC''s verdict

Tax on ESSI''s income: SC sets aside PHC''s verdict

The Supreme Court, setting aside a verdict of Peshawar High Court (PHC), held that Khyber Pukhtukhawa Employees Social Security Institution''s (ESSI''s) income could be taxed under Income Tax Ordinance 1979.
Published 06 Feb, 2019 12:00am
Tax on ESSI's income: SC sets aside PHC's verdict

Tax on ESSI's income: SC sets aside PHC's verdict

The Supreme Court, setting aside a verdict of Peshawar High Court (PHC), held that Khyber Pukhtukhawa Employees Social Security Institution's (ESSI's) income could be taxed under Income Tax Ordinance 1979.
Published 06 Feb, 2019 12:00am
Tax on ESSI's income: SC sets aside PHC's verdict

Tax on ESSI's income: SC sets aside PHC's verdict

The Supreme Court, setting aside a verdict of Peshawar High Court (PHC), held that Khyber Pukhtukhawa Employees Social Security Institution's (ESSI's) income could be taxed under Income Tax Ordinance 1979.
Published 06 Feb, 2019 12:00am
Dutch former MP says he's become a Muslim

Dutch former MP says he's become a Muslim

A Dutch former far-right MP and right-hand man of anti-Islam politician Geert Wilders set tongues wagging in the Netherlands on Tuesday after revealing he has converted to Islam. Freedom Party (PVV) leader Wilders compared the conversion of ex-ally Joram
Published 06 Feb, 2019 12:00am
Dutch former MP says he's become a Muslim

Dutch former MP says he's become a Muslim

A Dutch former far-right MP and right-hand man of anti-Islam politician Geert Wilders set tongues wagging in the Netherlands on Tuesday after revealing he has converted to Islam. Freedom Party (PVV) leader Wilders compared the conversion of ex-ally Joram
Published 06 Feb, 2019 12:00am
Parts of KP, Punjab jolted by earthquake

Parts of KP, Punjab jolted by earthquake

Earthquake tremors were felt across many cities in Khyber Pakhtunkhwa and Punjab, Aaj News reported on Tuesday evening. A bulletin posted by the National Seismic Monitoring Centre, Islamabad has confirmed that an earthquake at a magnitude of 5.6 on the Ri
Published 06 Feb, 2019 12:00am
Parts of KP, Punjab jolted by earthquake

Parts of KP, Punjab jolted by earthquake

Earthquake tremors were felt across many cities in Khyber Pakhtunkhwa and Punjab, Aaj News reported on Tuesday evening. A bulletin posted by the National Seismic Monitoring Centre, Islamabad has confirmed that an earthquake at a magnitude of 5.6 on the Ri
Published 06 Feb, 2019 12:00am
Tomb of Karl Marx vandalised in London

Tomb of Karl Marx vandalised in London

Vandals have damaged the London tomb of Karl Marx in what the cemetery said Tuesday appeared to be a sustained and targeted attack. A marble plaque with the names of Marx and his family - the monument's oldest and most fragile part - was repeatedly hit wi
Published 06 Feb, 2019 12:00am
Tomb of Karl Marx vandalised in London

Tomb of Karl Marx vandalised in London

Vandals have damaged the London tomb of Karl Marx in what the cemetery said Tuesday appeared to be a sustained and targeted attack. A marble plaque with the names of Marx and his family - the monument's oldest and most fragile part - was repeatedly hit wi
Published 06 Feb, 2019 12:00am
China fears shake Berlin''s economic principles

China fears shake Berlin''s economic principles

Fear of China appears set to divert Germany from decades of hands-off economic policy, as Berlin plans a public investment fund to block hostile takeovers of high-tech firms from abroad and calls for new mega-mergers.
Published 06 Feb, 2019 12:00am
China fears shake Berlin's economic principles

China fears shake Berlin's economic principles

Fear of China appears set to divert Germany from decades of hands-off economic policy, as Berlin plans a public investment fund to block hostile takeovers of high-tech firms from abroad and calls for new mega-mergers.
Published 06 Feb, 2019 12:00am
China fears shake Berlin's economic principles

China fears shake Berlin's economic principles

Fear of China appears set to divert Germany from decades of hands-off economic policy, as Berlin plans a public investment fund to block hostile takeovers of high-tech firms from abroad and calls for new mega-mergers.
Published 06 Feb, 2019 12:00am
Abu Dhabi expected to extend bailout loan to Dubai

Abu Dhabi expected to extend bailout loan to Dubai

Abu Dhabi is expected to roll over for the second time $20 billion of debt, due next month, that it extended to Dubai during its financial crisis a decade ago, three sources familiar with the matter said.
Published 06 Feb, 2019 12:00am
Abu Dhabi expected to extend bailout loan to Dubai

Abu Dhabi expected to extend bailout loan to Dubai

Abu Dhabi is expected to roll over for the second time $20 billion of debt, due next month, that it extended to Dubai during its financial crisis a decade ago, three sources familiar with the matter said.
Published 06 Feb, 2019 12:00am
Abu Dhabi expected to extend bailout loan to Dubai

Abu Dhabi expected to extend bailout loan to Dubai

Abu Dhabi is expected to roll over for the second time $20 billion of debt, due next month, that it extended to Dubai during its financial crisis a decade ago, three sources familiar with the matter said.
Published 06 Feb, 2019 12:00am
Textile, leather articles sales: FBR starts receiving live transactions

Textile, leather articles sales: FBR starts receiving live transactions

Federal Board of Revenue (FBR) has started receiving live transactions of sales of finished articles of textile and leather and the eligible persons integrating or having already integrated their systems with the FBR can now avail of reduced rate of 6 per
Published 06 Feb, 2019 12:00am
Textile, leather articles sales: FBR starts receiving live transactions

Textile, leather articles sales: FBR starts receiving live transactions

Federal Board of Revenue (FBR) has started receiving live transactions of sales of finished articles of textile and leather and the eligible persons integrating or having already integrated their systems with the FBR can now avail of reduced rate of 6 per
Published 06 Feb, 2019 12:00am
Textile, leather articles sales: FBR starts receiving live transactions

Textile, leather articles sales: FBR starts receiving live transactions

Federal Board of Revenue (FBR) has started receiving live transactions of sales of finished articles of textile and leather and the eligible persons integrating or having already integrated their systems with the FBR can now avail of reduced rate of 6 per
Published 06 Feb, 2019 12:00am
IHC resumes Nawaz's bail plea hearing today

IHC resumes Nawaz's bail plea hearing today

The Islamabad High Court (IHC) will Wednesday (today) resume hearing in a petition of former Prime Minister Nawaz Sharif seeking his release from jail on medical grounds.
Published 06 Feb, 2019 12:00am
IHC resumes Nawaz's bail plea hearing today

IHC resumes Nawaz's bail plea hearing today

The Islamabad High Court (IHC) will Wednesday (today) resume hearing in a petition of former Prime Minister Nawaz Sharif seeking his release from jail on medical grounds.
Published 06 Feb, 2019 12:00am
New head of UN observer mission lands in Yemen

New head of UN observer mission lands in Yemen

Retired Danish general Michael Lollesgaard arrived Tuesday in Sanaa to head the UN observer mission in war-wracked Yemen and replace his predecessor whose ties with the rebels were reportedly strained. Lollesgaard replaces Patrick Cammaert, the Dutch gene
Published 06 Feb, 2019 12:00am
Turkmenistan Airlines ban strands hundreds in Britain

Turkmenistan Airlines ban strands hundreds in Britain

Hundreds of passengers were left stranded in Britain on Tuesday after European aviation authorities suspended Turkmenistan Airlines over safety concerns. The isolated central Asian republic's flag carrier provides services from London and Birmingham to th
Published 06 Feb, 2019 12:00am
Time running out on Qatar labour reform, warns Amnesty

Time running out on Qatar labour reform, warns Amnesty

Qatar is running out of time to stamp out widespread serious labour abuse for tens of thousands of migrant workers before hosting the 2022 World Cup, Amnesty International warned Tuesday. The rights watchdog said that despite well-publicised "nascent refo
Published 06 Feb, 2019 12:00am
Bitcoin exchange president's death puts millions out of reach
Currency

Bitcoin exchange president's death puts millions out of reach

A Canadian cryptocurrency exchange went to court Tuesday to seek bankruptcy protection after its president took passwords for accounts containing Can$180 million (US$137 million) to his grave when he died suddenly. In a statement, Vancouver-based Quadriga
Published 06 Feb, 2019 12:00am
China, Pakistan inching towards BoP deal, FTA-II

China, Pakistan inching towards BoP deal, FTA-II

China and Pakistan are reportedly inching towards a deal on Balance of Payment (BoP) support with commercial loans and the second phase of Free Trade Agreement (FTA) expected to be finalised prior to the second visit of Prime Minister Imran Khan in April,
Published 06 Feb, 2019 12:00am
China, Pakistan inching towards BoP deal, FTA-II

China, Pakistan inching towards BoP deal, FTA-II

China and Pakistan are reportedly inching towards a deal on Balance of Payment (BoP) support with commercial loans and the second phase of Free Trade Agreement (FTA) expected to be finalised prior to the second visit of Prime Minister Imran Khan in April,
Published 06 Feb, 2019 12:00am
China, Pakistan inching towards BoP deal, FTA-II

China, Pakistan inching towards BoP deal, FTA-II

China and Pakistan are reportedly inching towards a deal on Balance of Payment (BoP) support with commercial loans and the second phase of Free Trade Agreement (FTA) expected to be finalised prior to the second visit of Prime Minister Imran Khan in April,
Published 06 Feb, 2019 12:00am
Fake bomb threats prompt mass evacuations in Moscow area

Fake bomb threats prompt mass evacuations in Moscow area

Thousands of school children, office workers and shoppers were evacuated from around 200 buildings in and around Moscow on Tuesday, reports said, in the latest wave of fake bomb threats to hit Russia. Last week, 55 buildings were evacuated in Russia's sec
Published 06 Feb, 2019 12:00am
Fake bomb threats prompt mass evacuations in Moscow area

Fake bomb threats prompt mass evacuations in Moscow area

Thousands of school children, office workers and shoppers were evacuated from around 200 buildings in and around Moscow on Tuesday, reports said, in the latest wave of fake bomb threats to hit Russia. Last week, 55 buildings were evacuated in Russia's sec
Published 06 Feb, 2019 12:00am
Collection not to exceed Rs 4.1 trillion, FBR tells Umar

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha
Published 06 Feb, 2019 12:00am
Collection not to exceed Rs 4.1 trillion, FBR tells Umar

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha
Published 06 Feb, 2019 12:00am
Collection not to exceed Rs 4.1 trillion, FBR tells Umar

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha
Published 06 Feb, 2019 12:00am
Trump promises sunny State of Union speech but wall casts a shadow

Trump promises sunny State of Union speech but wall casts a shadow

President Donald Trump promises a shift to sunny optimism in the State of the Union speech Tuesday but insistence on his Mexico border wall will cast a shadow threatening more turmoil. With a marked change of tone, the White House has flagged an "optimist
Published 06 Feb, 2019 12:00am
Trump promises sunny State of Union speech but wall casts a shadow

Trump promises sunny State of Union speech but wall casts a shadow

President Donald Trump promises a shift to sunny optimism in the State of the Union speech Tuesday but insistence on his Mexico border wall will cast a shadow threatening more turmoil. With a marked change of tone, the White House has flagged an "optimist
Published 06 Feb, 2019 12:00am
Taliban kill 11 policemen, 10 others

Taliban kill 11 policemen, 10 others

The Taliban killed at least 21 people in their latest attacks in Afghanistan, including 11 policemen who were slain when the insurgents stormed a checkpoint in northern Baghlan province, provincial officials said Tuesday. In the checkpoint attack, the Tal
Published 06 Feb, 2019 12:00am
Taliban kill 11 policemen, 10 others

Taliban kill 11 policemen, 10 others

The Taliban killed at least 21 people in their latest attacks in Afghanistan, including 11 policemen who were slain when the insurgents stormed a checkpoint in northern Baghlan province, provincial officials said Tuesday. In the checkpoint attack, the Tal
Published 06 Feb, 2019 12:00am
Taliban demand new constitution

Taliban demand new constitution

The Taliban began an extraordinary meeting with high-ranking Afghan politicians - including women - on Tuesday in Moscow, where rivals of President Ashraf Ghani called for an interim government as they negotiated without him. The unprecedented gathering s
Published 06 Feb, 2019 12:00am
Taliban demand new constitution

Taliban demand new constitution

The Taliban began an extraordinary meeting with high-ranking Afghan politicians - including women - on Tuesday in Moscow, where rivals of President Ashraf Ghani called for an interim government as they negotiated without him. The unprecedented gathering s
Published 06 Feb, 2019 12:00am
Nawaz's medical reports sent to home department

Nawaz's medical reports sent to home department

After having conducted a number of tests of former prime minister Nawaz Sharif, the medical board on Tuesday submitted a detailed report along with relevant record of medical reports to the provincial home department. Prof Dr Mehmood Ayaz, who is heading
Published 06 Feb, 2019 12:00am
Nawaz's medical reports sent to home department

Nawaz's medical reports sent to home department

After having conducted a number of tests of former prime minister Nawaz Sharif, the medical board on Tuesday submitted a detailed report along with relevant record of medical reports to the provincial home department. Prof Dr Mehmood Ayaz, who is heading
Published 06 Feb, 2019 12:00am
Kashmir issue: All political parties on the same page: President

Kashmir issue: All political parties on the same page: President

President Arif Alvi on Tuesday urged India to stop its ongoing atrocities in occupied Kashmir and allow the international observers to investigate the human rights violations in the valley. While, addressing the special session of Azad Jammu and Kashmir L
Published 06 Feb, 2019 12:00am
Kashmir issue: All political parties on the same page: President

Kashmir issue: All political parties on the same page: President

President Arif Alvi on Tuesday urged India to stop its ongoing atrocities in occupied Kashmir and allow the international observers to investigate the human rights violations in the valley. While, addressing the special session of Azad Jammu and Kashmir L
Published 06 Feb, 2019 12:00am
Ex-PM Gillani barred from flying abroad

Ex-PM Gillani barred from flying abroad

Former prime minister Yousaf Raza Gillani was not allowed leaving the country for South Korea because of having been named in the Exit Control List (ECL), Aaj News reported late Tuesday night. Gillani who is a leader of Pakistan Peoples Party was to leave
Published 06 Feb, 2019 12:00am
Ex-PM Gillani barred from flying abroad

Ex-PM Gillani barred from flying abroad

Former prime minister Yousaf Raza Gillani was not allowed leaving the country for South Korea because of having been named in the Exit Control List (ECL), Aaj News reported late Tuesday night. Gillani who is a leader of Pakistan Peoples Party was to leave
Published 06 Feb, 2019 12:00am
First Jamadi-us-Sani tomorrow

First Jamadi-us-Sani tomorrow

The crescent of Jamadi-us-Sani was not sighted on Tuesday; therefore, the first of Jamadi-us-Sani 1440 will fall on Thursday (February 07, 2019). This was announced by Chairman Central Ruet-e-Hilal Committee Mufti Muneeb-ur-Rehman after the meeting of the
Published 06 Feb, 2019 12:00am
The Weather

The Weather

The weather report on Tuesday (February 05, 2019) and the forecast for Wednesday (February 06, 2019).

Published 06 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 06 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 06 Feb, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 06 Feb, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 06 Feb, 2019 12:00am
Egypt index continues winning streak, banks boost Saudi bourse

Egypt index continues winning streak, banks boost Saudi bourse

Egypt's blue-chip share index rose sharply on Tuesday boosted by major lender Commercial International Bank after its strong fourth-quarter earnings, while banks also lifted Saudi Arabia's stock market. Egypt's blue-chip index gained for a ninth straight
Published 06 Feb, 2019 12:00am
Wall Street led by tech companies extends rally

Wall Street led by tech companies extends rally

Wall Street stocks, led by technology companies, rose again Monday amid continued positive sentiment on US monetary policy and the prospects for a US-China trade deal. The Dow Jones Industrial Average gained 0.7 percent to end the week's opening session a
Published 06 Feb, 2019 12:00am
Bharti Airtel falls to near eight-week low

Bharti Airtel falls to near eight-week low

Bharti Airtel Ltd's shares fell 4.5 percent on Tuesday to a near eight-week low, after ratings agency Moody's Investors Service downgraded some notes of India's second-largest telecoms company by subscribers. Airtel, once seen as the bellwether of the dom
Published 06 Feb, 2019 12:00am
Bharti Airtel falls to near eight-week low

Bharti Airtel falls to near eight-week low

Bharti Airtel Ltd's shares fell 4.5 percent on Tuesday to a near eight-week low, after ratings agency Moody's Investors Service downgraded some notes of India's second-largest telecoms company by subscribers. Airtel, once seen as the bellwether of the dom
Published 06 Feb, 2019 12:00am
Indian shares slightly higher

Indian shares slightly higher

Indian shares ended slightly higher on Tuesday, lifted by gains in consumer stocks, while investors kept a cautious stance ahead of the three-day central bank policy meet outcome. According to a Reuters poll of 65 analysts, two-thirds have said the Reserv
Published 06 Feb, 2019 12:00am
Treasury prices slide

Treasury prices slide

US Treasury prices fell on Monday in generally thin volume, after trading higher for most of last week, pressured by upcoming debt supply, as well as indications that inflation expectations are rising. US data showing factory orders for November fell way
Published 06 Feb, 2019 12:00am
Treasury prices slide

Treasury prices slide

US Treasury prices fell on Monday in generally thin volume, after trading higher for most of last week, pressured by upcoming debt supply, as well as indications that inflation expectations are rising. US data showing factory orders for November fell way
Published 06 Feb, 2019 12:00am
China, Asian markets closed

China, Asian markets closed

Stocks, financial and commodity markets in China, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, South Korea and Taiwan were remain closed on Tuesday due to Lunar Year holidays. Markets will resume trading on Wednesday (Feb 6).
Published 06 Feb, 2019 12:00am
Japan stocks down

Japan stocks down

Japan's Nikkei index surrendered modest gains to end lower on Tuesday, snapping a three-day rally as the market digested a slew of corporate earnings. The Nikkei ended 0.19 percent lower at 20,844.45 after briefly touching 20,981.23, its highest mark sinc
Published 06 Feb, 2019 12:00am
Solid BP update, banks, push European shares to nine-week high

Solid BP update, banks, push European shares to nine-week high

European shares hit nine-week highs on Tuesday, as a recovery in banks, gains in oil stocks on stronger crude prices and a solid update from BP helped offset some disappointing updates including from Apple supplier AMS. The pan-European STOXX 600 index ro
Published 06 Feb, 2019 12:00am
Banks catapult Australia, New Zealand shares

Banks catapult Australia, New Zealand shares

Bank stocks propelled Australian shares on Tuesday, with the "Big Four" having their best day in years as the market saw proposals of a high-powered inquiry as less severe than expected and not posing a serious threat to the country's most profitable sect
Published 06 Feb, 2019 12:00am
FTSE 100 at near-three-month high, BP shines on strong 2018

FTSE 100 at near-three-month high, BP shines on strong 2018

British blue-chip shares surged to their highest in nearly three months on Tuesday as heavyweight BP doubled its annual profit and miners rallied on higher iron ore prices while a weaker pound was also supportive.
Published 06 Feb, 2019 12:00am
GE to pay France 50 million euros

GE to pay France 50 million euros

The French government announced Tuesday that US industrial conglomerate General Electric will pay 50 million euros ($57 million) after falling short of its goal of creating 1,000 new jobs in the country. GE had pledged to create the jobs by the end of las
Published 06 Feb, 2019 12:00am
Qatar and EU agree 'landmark' airline deal

Qatar and EU agree 'landmark' airline deal

Qatar Airways and European Union officials announced Tuesday that they had concluded talks on a "landmark" deal which could allow more European airlines to operate services to and from Doha.
Published 06 Feb, 2019 12:00am
French MPs approve 'anti-rioters' bill amid protests

French MPs approve 'anti-rioters' bill amid protests

French MPs on Tuesday approved an anti-rioting bill giving security forces the power to ban suspected hooligans from demonstrating, in a controversial bid to crack down on violence that has marred "yellow vest" protests over the last three months.
Published 06 Feb, 2019 12:00am
Rosneft doubled net income in 2018

Rosneft doubled net income in 2018

Russia's biggest oil company Rosneft said Tuesday it more than doubled its net income last year, taking advantage of the climbing price of crude despite an unstable market.
Published 06 Feb, 2019 12:00am
Rosneft doubled net income in 2018

Rosneft doubled net income in 2018

Russia's biggest oil company Rosneft said Tuesday it more than doubled its net income last year, taking advantage of the climbing price of crude despite an unstable market.
Published 06 Feb, 2019 12:00am
BP annual profit soars to $9.4 billion

BP annual profit soars to $9.4 billion

BP almost trebled its annual net profit to $9.4 billion (8.2 billion euros) last year as oil prices soared in 2018, the British energy giant announced Tuesday.
Published 06 Feb, 2019 12:00am
BP annual profit soars to $9.4 billion

BP annual profit soars to $9.4 billion

BP almost trebled its annual net profit to $9.4 billion (8.2 billion euros) last year as oil prices soared in 2018, the British energy giant announced Tuesday.
Published 06 Feb, 2019 12:00am
Google parent Alphabet hit by rising costs

Google parent Alphabet hit by rising costs

Google parent Alphabet reported quarterly earnings beating Wall Street expectations on Monday, but shares slipped, with investors apparently focused on rising costs at the technology giant.
Published 06 Feb, 2019 12:00am