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Print - 2019-06-16
The Weather

The Weather

The weather report on Saturday (June 15, 2019) and the forecast for Sunday (June 16, 2019).

Published 16 Jun, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 15, 2019).

Published 16 Jun, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 15, 2019).

Published 16 Jun, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 15, 2019).

Published 16 Jun, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 15, 2019)

Published 16 Jun, 2019 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 15, 2019).

Published 16 Jun, 2019 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (June 08, 2019).

Published 16 Jun, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 15, 2019).

Published 16 Jun, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 15, 2019).

Published 16 Jun, 2019 12:00am
THE RUPEE: Takes a sigh of relief
Currency

THE RUPEE: Takes a sigh of relief

The rupee took a sigh of relief as after a long-time it managed to hold its levels against the dollar on the money market on Saturday in the process of trading activity, marketmen said. In the meantime, it is anticipated that the rupee is likely to come u
Published 16 Jun, 2019 12:00am
THE RUPEE: Takes a sigh of relief
Currency

THE RUPEE: Takes a sigh of relief

The rupee took a sigh of relief as after a long-time it managed to hold its levels against the dollar on the money market on Saturday in the process of trading activity, marketmen said. In the meantime, it is anticipated that the rupee is likely to come u
Published 16 Jun, 2019 12:00am
Ukraine claim U-20 Football World Cup glory

Ukraine claim U-20 Football World Cup glory

Ukraine recovered from the shock of falling behind to an early penalty as they beat South Korea 3-1 to win the under-20 World Cup final in Poland on Saturday.
Published 16 Jun, 2019 12:00am
India face Pakistan in World Cup battle royale

India face Pakistan in World Cup battle royale

Virat Kohli will have history on his side when India take on arch-rivals Pakistan in a World Cup blockbuster on Sunday - a clash that is always more than just a game of cricket.
Published 16 Jun, 2019 12:00am
South Africa beat Afghanistan by 9 wickets

South Africa beat Afghanistan by 9 wickets

South Africa kept alive their slim hopes of reaching the World Cup semi-finals by thumping a poor Afghanistan side by nine wickets on Saturday to record their first win of the tournament.
Published 16 Jun, 2019 12:00am
Finch, Starc shine as Australia beat Sri Lanka

Finch, Starc shine as Australia beat Sri Lanka

Australia captain Aaron Finch and pace bowler Mitchell Starc stole the show as the World Cup holders eased to an 87-run win over Sri Lanka at the Oval on Saturday.
Published 16 Jun, 2019 12:00am
Global coffee demand to rise as output slips

Global coffee demand to rise as output slips

Global coffee consumption in set to swell to a new record while production is expected to drop 3.1% to 169.1 million 60-kg bags as Brazil enters the off-year in its production cycle, the US US Department of Agriculture (USDA) on Friday.
Published 16 Jun, 2019 12:00am
China seeks to roll July US soyabean cargoes to August

China seeks to roll July US soyabean cargoes to August

Chinese soyabean buyers are asking sellers in the United States to delay cargoes due to be shipped in July until August, two sources familiar with the matter said, raising fears of cancellations like ones that roiled the market last year.
Published 16 Jun, 2019 12:00am
India's sugar output could drop 15 percent

India's sugar output could drop 15 percent

India's sugar production could fall as much as 15% in 2019/20 from the year before as severe drought hits a key growing region, industry sources told Reuters.
Published 16 Jun, 2019 12:00am
US corn harvest seen at 4-year low after rainy spring: USDA

US corn harvest seen at 4-year low after rainy spring: USDA

The US government on Tuesday slashed its estimate of domestic corn production this year as heavy rain in key growing areas throughout the spring forced growers to cut their acreage and caused planting delays that threatened the size of the harvest.
Published 16 Jun, 2019 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures mostly rose on Thursday, lifted by worries about dry Canadian soils. Saskatchewan's cropland moisture levels continued to decline in the past week despite significant rain for some areas, the Canadian provincial government said
Published 16 Jun, 2019 12:00am
Cotton market remains in grip of post-budget fever
Cotton

Cotton market remains in grip of post-budget fever

Not a single deal reported on Saturday as the cotton market is under the grip of post-budget fever, dealers said. The official spot rate was unchanged at Rs 8800, they added. Seed cotton per 40kg from Lower Sindh was available at Rs 3900-4000, they said.
Published 16 Jun, 2019 12:00am
CBOT soyabean futures higher

CBOT soyabean futures higher

Chicago Board of Trade soyabean futures closed higher on Thursday on spillover strength from corn and worries that wet weather in the US Midwest will delay late plantings and threaten soyabean yield potential, traders said. CBOT July soyabeans settled up
Published 16 Jun, 2019 12:00am
Europe gasoline margins fall sharply

Europe gasoline margins fall sharply

Northwest European gasoline refining margins fell sharply on Thursday, pressured by rising crude prices and a rise in regional stocks. Brent prices jumped more than 4% on Thursday after a suspected attack on two tankers in the Gulf of Oman near Iran and t
Published 16 Jun, 2019 12:00am
Latam stocks fall
Currency

Latam stocks fall

Latin American stocks fell nearly 2% on Friday, mirroring weakness on Wall Street, while the Brazilian real dropped as optimism around the proposed overhaul of the country's pension system faded. The real fell 1% to 3.89 per dollar after Brazil's Economy
Published 16 Jun, 2019 12:00am
High-yield junk market still attractive

High-yield junk market still attractive

The gains in high-yield junk bonds are not over, thanks to the Federal Reserve's supportive stance on monetary policy, Margaret Patel, one of the mutual-fund industry's longest tenured and most well-known bond managers, said on Tuesday.
Published 16 Jun, 2019 12:00am
Turkey dollar bonds drop

Turkey dollar bonds drop

Turkish dollar bonds fell on Friday as investors worried over a rising risk of sanctions on the back of flaring tensions between Ankara and Washington over the purchase of Russian S-400 defence systems. The 2030 and 2036 issues fell more than 1 cents in t
Published 16 Jun, 2019 12:00am
Turkey dollar bonds drop

Turkey dollar bonds drop

Turkish dollar bonds fell on Friday as investors worried over a rising risk of sanctions on the back of flaring tensions between Ankara and Washington over the purchase of Russian S-400 defence systems. The 2030 and 2036 issues fell more than 1 cents in t
Published 16 Jun, 2019 12:00am
Saint-Petersburg exchange adds new US shares, Uber in pipeline
Exchange

Saint-Petersburg exchange adds new US shares, Uber in pipeline

Russia's Saint-Petersburg Exchange has added 100 shares in US companies worth a total $364.4 billion to its trading platform, the bourse said on Tuesday. The Saint-Petersburg Exchange said it also planned to start trading shares of Uber Technologies in th
Published 16 Jun, 2019 12:00am
Overseas investors switch to Asian bonds from equities in May
Currency

Overseas investors switch to Asian bonds from equities in May

While overseas investors sold Asian equities in May, they bought the region's bonds, which were made more attractive by falling yields and offered some safety amid worries over the Sino-US trade war, Brexit annd a global economic slowdown Foreigners bough
Published 16 Jun, 2019 12:00am
Overseas investors switch to Asian bonds from equities in May
Currency

Overseas investors switch to Asian bonds from equities in May

While overseas investors sold Asian equities in May, they bought the region's bonds, which were made more attractive by falling yields and offered some safety amid worries over the Sino-US trade war, Brexit annd a global economic slowdown Foreigners bough
Published 16 Jun, 2019 12:00am
US stocks down; Broadcom warning hits chip stocks
Exchange

US stocks down; Broadcom warning hits chip stocks

US stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers and added to US-China trade worries. Shares of Broadcom In
Published 16 Jun, 2019 12:00am
African currencies week ahead
Exchange

African currencies week ahead

Kenyan and Zambian currencies are likely come under pressure next week as those of Ugandan and Tanzanian firm. Nigeria's currency should remain stable. KENYA - The Kenyan shilling is seen under pressure against the US dollar in the coming week due to dema
Published 16 Jun, 2019 12:00am
Czech crown seen firming

Czech crown seen firming

Tighter monetary conditions will strengthen the Czech crown and Hungarian forint in the coming year and help them outperform Central European peers, according to a Reuters poll of 37 analysts. A surge in wages has boosted economic growth in the region, ac
Published 16 Jun, 2019 12:00am
Czech crown seen firming

Czech crown seen firming

Tighter monetary conditions will strengthen the Czech crown and Hungarian forint in the coming year and help them outperform Central European peers, according to a Reuters poll of 37 analysts. A surge in wages has boosted economic growth in the region, ac
Published 16 Jun, 2019 12:00am
Canadian dollar falls
Currency

Canadian dollar falls

The Canadian dollar fell to a one-week low against its US counterpart on Friday as US data suggesting a pick-up in consumer spending boosted the greenback. The US dollar rose against a basket of major currencies after encouraging US retail sales data for
Published 16 Jun, 2019 12:00am
Speculators trim bullish bets on dollar

Speculators trim bullish bets on dollar

Speculators reduced their bullish bets on the US dollar in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the dollar's net long position, derived from net positions of I
Published 16 Jun, 2019 12:00am
China's yuan to resist sliding past 7 per dollar
Exchange

China's yuan to resist sliding past 7 per dollar

China's yuan is forecast to drift up over the coming year as the monetary authorities keep a tight leash on the partly-managed currency and prevent it from falling through the psychological 7 per dollar level any time soon, a Reuters poll showed. However,
Published 16 Jun, 2019 12:00am
Dollar index climbs on solid retail sales

Dollar index climbs on solid retail sales

The dollar index climbed to its highest in almost two weeks on Friday after encouraging retail sales data for May released ahead of a Federal Reserve policy meeting next week eased fears that the US economy is slowing sharply. The Commerce Department said
Published 16 Jun, 2019 12:00am
Drought forces Namibia to auction 1,000 wild animals

Drought forces Namibia to auction 1,000 wild animals

Drought-hit Namibia has authorised the sale of at least 1,000 wild animals - including elephants and giraffes - to limit loss of life and generate $1.1 million for conservation, the authorities confirmed Saturday. "Given that this year is a drought year,
Published 16 Jun, 2019 12:00am
G20 energy ministers to collaborate to keep market stability

G20 energy ministers to collaborate to keep market stability

Energy ministers from the Group of 20 major economies have shared concerns over attacks on tankers in the Gulf and will collaborate to maintain stability in the oil market, Japan's Industry Minister Hiroshige Seko said on Saturday.
Published 16 Jun, 2019 12:00am
US auto workers at VW plant reject bid to unionize

US auto workers at VW plant reject bid to unionize

The United Auto Workers union has suffered a fresh defeat at a Volkswagen plant in Tennessee, with workers narrowly voting down a move to organize the factory for a second time. The UAW has never managed to fully organize a US plant owned by a foreign man
Published 16 Jun, 2019 12:00am
Turkey hits out at Moody's after credit rating cut
Currency

Turkey hits out at Moody's after credit rating cut

Turkey on Saturday lambasted Moody's ratings agency after it cut Ankara's credit rating further into junk territory, saying the downgrade raised concerns over the institution's "objectivity and impartiality". The agency downgraded the long-term debt ratin
Published 16 Jun, 2019 12:00am
India set to raise tariffs on some US goods

India set to raise tariffs on some US goods

India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times since announcing it last year, media reported Saturday. The government had said last June it would raise import taxes on a slew of US goods
Published 16 Jun, 2019 12:00am
IMF proposes improvements to EU plan on capital market

IMF proposes improvements to EU plan on capital market

The International Monetary Fund has proposed that the European Union improve transparency, regulatory oversight and insolvency rules in its proposals to create a capital market system to rival the United States, a senior IMF official said.
Published 16 Jun, 2019 12:00am
China's largest ever Picasso exhibition opens

China's largest ever Picasso exhibition opens

The largest Picasso exhibition ever held in China opens on Saturday, featuring more than 100 works - many of them from the artist's early years. The "Birth of a Genius" exhibition brings together the best of the Picasso Museum Paris, Laurent Le Bon, the m
Published 16 Jun, 2019 12:00am
Italy's film director Franco dies

Italy's film director Franco dies

The world of cinema was in mourning Saturday after Italian film and opera legend Franco Zeffirelli, feted for his lavish productions, died at home in Rome aged 96. The Oscar-nominated director of movies and operas "died serenely after a long illness, whic
Published 16 Jun, 2019 12:00am
Putin gives Xi ice cream on his 66th birthday

Putin gives Xi ice cream on his 66th birthday

Chinese President Xi Jinping celebrated his 66th birthday on Saturday with Russian President Vladimir Putin, who Xi considers a close friend and who gave Xi ice cream as a present, Chinese state media reported. The discussion of senior leaders' private li
Published 16 Jun, 2019 12:00am
Benin police open fire on protesters, kill two
Exchange

Benin police open fire on protesters, kill two

Benin security forces killed two protesters Saturday in the city of Save while breaking up a demonstration by people who erected barricades and blocked the national road for days, the mayor said. This followed days of demonstrations over controversial Apr
Published 16 Jun, 2019 12:00am
Maldives seek foreign help to deal with IS fighters

Maldives seek foreign help to deal with IS fighters

The Maldives Saturday called for international help to rehabilitate up to 160 of its nationals languishing in Syrian detention camps after the defeat of the Islamic State group. Speaker Mohamed Nasheed said the Maldives kept a close tab on citizens who ha
Published 16 Jun, 2019 12:00am
Slovakia swears in first woman president

Slovakia swears in first woman president

Slovak environmental lawyer Zuzana Caputova was on Saturday sworn in as the EU member's first female president, surprising observers with a speech that lacked the government criticism she was known for on the campaign trail. The community activist, who ra
Published 16 Jun, 2019 12:00am
Car bomb kills eight in Mogadishu

Car bomb kills eight in Mogadishu

A car bomb exploded near the Somali parliament Saturday, killing eight people, emergency workers said, hours after militia executed nine civilians from a clan with suspected links to the Islamist Al-Shabaab. "We have confirmed eight people killed and 16 o
Published 16 Jun, 2019 12:00am
Ammunition depot explodes in Damascus

Ammunition depot explodes in Damascus

An ammunition depot in Damascus exploded Saturday, state media reported, prompting a blast heard by an AFP journalist in the Syrian capital. "An ammunition depot for the Syrian army in western Damascus exploded after a fire in nearby fields started spread
Published 16 Jun, 2019 12:00am
Syria flare-up kills 35 fighters, 10 civilians

Syria flare-up kills 35 fighters, 10 civilians

At least 10 civilians and 35 combatants, mostly pro-regime forces, were killed Saturday in clashes and air strikes that erupted at dawn in northwestern Syria, a war monitor said. The flare-up came as Russian-backed regime forces tried to retake two villag
Published 16 Jun, 2019 12:00am
UN chief calls on EU to raise 2030 climate goal to 55 percent

UN chief calls on EU to raise 2030 climate goal to 55 percent

UN Secretary-General Antonio Guterres has called on the European Union to aim for a 55% cut in greenhouse gas emissions by 2030, far more than the bloc's current target for a 40% reduction. In a letter to European Council President Donald Tusk, seen by Re
Published 16 Jun, 2019 12:00am
Prices of essential kitchen items go up

Prices of essential kitchen items go up

Except a slight decline in prices of some vegetables and fruits, the entire range of essential kitchen items witnessed an increase during this week past as compared to the preceding week, a survey conducted by Business Recorder revealed here on Sat
Published 16 Jun, 2019 12:00am
Edotco PK, Telenor to construct new telecom sites in Dadu, N55 & N25

Edotco PK, Telenor to construct new telecom sites in Dadu, N55 & N25

Edotco Pakistan Private Limited (edotco PK), an integrated telecommunications infrastructure services company and Telenor Pakistan Private Limited (Telenor Pakistan) here on Saturday announced a collaboration which will see both parties working together t
Published 16 Jun, 2019 12:00am
Hazara Motorway's interchanges to open in August

Hazara Motorway's interchanges to open in August

Commissioner Hazara Division Syed Zaheer ul Islam has said that all three interchanges of Hazara Motorway, Havelian Maira Mangal Sajji Kot and Manshera will be open in August this year. He said this while talking to media during the visit of the motorway
Published 16 Jun, 2019 12:00am
Drop in temperature in Skardu makes Irsa's job tough

Drop in temperature in Skardu makes Irsa's job tough

The sudden drop in temperature in Skardu has made the job of Indus River System Authority's (Irsa) tougher with respect to release of required water to the provinces. According to Irsa spokesperson, heavy fluctuations have been observed in catchment tempe
Published 16 Jun, 2019 12:00am
PM's aide accuses ex-FM of corrupt practices

PM's aide accuses ex-FM of corrupt practices

Special Assistant to the Prime Minister on Youth Affairs Usman Dar Saturday accused former foreign minister Khawaja Asif of being involved in corrupt practices and money laundering worth billions of rupees during the previous Pakistan Muslim League-Nawaz
Published 16 Jun, 2019 12:00am
Kellogg Company sign partnership with TotalPARCO Pakistan

Kellogg Company sign partnership with TotalPARCO Pakistan

Kellogg Company announced a new, long-term partnership with leading Oil Marketing Company TotalPARCO Pakistan Limited, wherein Pringles & Kellogg's Cereals will enjoy strong availability & visibility through its distributor partner United Brands Ltd at th
Published 16 Jun, 2019 12:00am
Punjab allocates Rs 1,000 million for environment

Punjab allocates Rs 1,000 million for environment

Punjab government has proposed an allocation of Rs 1000 million for environment for the year 2019-20 as compared to an allocation of Rs 1200 million for the corresponding period to promote sustainable development in the province through integration of env
Published 16 Jun, 2019 12:00am
ST recovery: PHC issues notice to KP minister, DG

ST recovery: PHC issues notice to KP minister, DG

A division bench of the Peshawar High Court (PHC) issued notice to the Khyber Pakhtunkhwa (KP) government, KP finance minister and director general Khyber Pakhtunkhwa Revenue Authority (KPRA) stopping sales tax recovery from an Islamabad-based taxpayer.
Published 16 Jun, 2019 12:00am
AOB revamps QCRF to improve audit quality

AOB revamps QCRF to improve audit quality

To protect public interest in audit quality, the Audit Oversight Board (AOB) has revamped the audit quality control review framework, commonly known as QCRF, of the Institute of Chartered Accountants of Pakistan. In the new framework, governance of the Qu
Published 16 Jun, 2019 12:00am
Unchecked population growth hindering economic development

Unchecked population growth hindering economic development

The uncontrollable increase in population is a major drag on Pakistan's economic development and requires drastic and serious steps to cope with the problems to put the country on the path to progress.
Published 16 Jun, 2019 12:00am
Death of Rehmat Ali condoled

Death of Rehmat Ali condoled

Hameed Haroon, President, Sarmad Ali, Secretary General, APNS on behalf of the office-bearers and members of the Society have expressed profound grief over the sad and sudden demise of Rehmat Ali Raazi, a veteran journalist and Chief Editor of Daily Taqat
Published 16 Jun, 2019 12:00am
Karachiites suffer amid power outages, water shortage

Karachiites suffer amid power outages, water shortage

Excessive power loadshedding, and shortage of potable water have unfolded severe issues for the residents of Karachi under the scorching heat of summer with mercury lingering between 39 to 41 degrees Celsius.
Published 16 Jun, 2019 12:00am
Amendments proposed in ST & FED discussed

Amendments proposed in ST & FED discussed

The second session of Post Budget Conference 2019 held at a local hotel, which covered the topic of indirect taxation with main speaker Asim Zulfiqar Ali, FCA. Rana Muhammad Usman Khan moderated the session while the panelists included Naeem Akhtar Sheikh
Published 16 Jun, 2019 12:00am
Punjab earmarks Rs 3.43 billion for forest sector

Punjab earmarks Rs 3.43 billion for forest sector

In order to develop, maintain and maximize forest resources in a modern scientific, environmentally sustainable, ecologically stable and socially acceptable manner, the Punjab government has earmarked Rs 3.43 billion for the forest sector for the year 201
Published 16 Jun, 2019 12:00am
Fridous reacts over Sanaullah's statement

Fridous reacts over Sanaullah's statement

Special Assistant to Prime Minister on Information and Broadcasting, Fridous Ashiq Awan while reacting over the statement of Pakistan Muslim League-Nawaz leader Rana Sanaullah has said that he should not worry as Model Town incident's accountability is ab
Published 16 Jun, 2019 12:00am
EU keen to bolster trade and economic ties: envoy

EU keen to bolster trade and economic ties: envoy

Ambassador of European Union in Pakistan, Jean Francois Cautain has said that EU is keen on further enhance mutual economic and trade relations with Pakistan and stressed upon the Pakistani businessmen to play its proactive role in the complete implementa
Published 16 Jun, 2019 12:00am
Crime cases on the rise in Capital

Crime cases on the rise in Capital

The incidents of robbery, dacoity and snatching at gunpoint registered an increase during the last week in the federal capital. According to data gathered by Business Recorder here on Saturday, over 10 cases of various kinds of theft, five cases of
Published 16 Jun, 2019 12:00am
PPP leader to request CJP to take notice of 'fake' FIR

PPP leader to request CJP to take notice of 'fake' FIR

Spokesman to the Chairman PPP Bilawal Bhutto Zardari, Senator Mustafa Nawaz Khokhar will write a letter to the Chief Justice of Pakistan, requesting him to take notice of an illegal act of Islamabad police and administration to set an example.
Published 16 Jun, 2019 12:00am
IPC World Cup: Parliamentary cricket team to be led by MNA Zain Qureshi

IPC World Cup: Parliamentary cricket team to be led by MNA Zain Qureshi

A 25-member self-funded Pakistan Parliamentary Cricket Team (PPCT) has been announced with MNA Makhdoom Zain Hussian Qureshi as its captain. The team will participate in the Inter-Parliamentary Cricket World Cup (IPCWC) being staged from July 8 to July 15
Published 16 Jun, 2019 12:00am
Rs 5500 billion revenue target

Rs 5500 billion revenue target

The target of Rs 5.5 trillion tax collection for fiscal year 2019-20 appears to be a profoundly formidable task for the PTI government to achieve in an environment of economic slowdown; it doesn't sound realistic mainly because of the fact that the prime
Published 16 Jun, 2019 12:00am
Mediterranean countries ramp up efforts to find missing migrants

Mediterranean countries ramp up efforts to find missing migrants

Mediterranean countries say they have taken a key step towards finding out the fate of thousands of migrants - many fleeing Syria's war - who have gone missing while trying to reach Europe. At a meeting of the International Commission for Missing Persons
Published 16 Jun, 2019 12:00am
US sanctions 'suffocating' ordinary Venezuelans

US sanctions 'suffocating' ordinary Venezuelans

Venezuelan shopkeeper Manuel Saavedra says new US sanctions are strangling him - and lots of other everyday people. A video game store owner in Caracas, Saavedra has been forced to raise prices as products became harder to import from May 15, when the US
Published 16 Jun, 2019 12:00am
Hong Kong unrest alarms Taiwan with wary eye on China

Hong Kong unrest alarms Taiwan with wary eye on China

Images of riot police battling protesters in Hong Kong this week have reverberated in nearby Taiwan where many recoil at what they fear could be their future if Beijing has its way. Taiwan has been a self-ruled de facto nation in charge of its own affairs
Published 16 Jun, 2019 12:00am
Too much tightening not required
Exchange

Too much tightening not required

The budget and medium term economic framework have two sides - fiscal and monetary. On the fiscal - main taxation, the direction is right and the policy paradigm shift is towards much needed documentation of the economy where both high tax collection and
Published 16 Jun, 2019 12:00am
Palestinian-Israeli Conflict
Exchange

Palestinian-Israeli Conflict

Speaking at a recent news conference in Amman alongside his Jordanian counterpart, German Foreign Minister Heiko Maas reiterated his country's stance on the Palestinian-Israeli conflict saying "we are still in agreement that reaching a two-state solution
Updated 17 Jun, 2019 07:13am
Tension in the Gulf of Oman

Tension in the Gulf of Oman

The running feud between the United States and Iran has the inbuilt potential to explode into a military conflict, entailing certainty of disrupting oil supply to a number of customers, including some very close allies of Washington. One such customer is
Updated 17 Jun, 2019 07:12am
Hong Kong leader halts extradition bill but opponents vow fresh rally

Hong Kong leader halts extradition bill but opponents vow fresh rally

Hong Kong's embattled leader on Saturday suspended a hugely divisive bill that would allow extraditions to China, in a major climbdown following unprecedented unrest, but protesters vowed to press ahead with a mass Sunday rally. The concession from chief
Published 16 Jun, 2019 12:00am
Hong Kong leader halts extradition bill but opponents vow fresh rally

Hong Kong leader halts extradition bill but opponents vow fresh rally

Hong Kong's embattled leader on Saturday suspended a hugely divisive bill that would allow extraditions to China, in a major climbdown following unprecedented unrest, but protesters vowed to press ahead with a mass Sunday rally. The concession from chief
Published 16 Jun, 2019 12:00am