Markets Brent oil closes higher after late gains NEW YORK: Brent crude edged up in volatile trade on Thursday, and US crude settled slightly down, as investors weighed M Published 09 May, 2013 09:32pm
Markets US dollar vaults 100 yen mark to 4-year high NEW YORK: The US dollar soared to its highest level against the yen in over four years on Thursday after signs the Ameri Published 09 May, 2013 09:30pm
Business & Finance Citi preps CMBS linked to Manhattan's 'Seagram Building' NEW YORK: Citigroup is prepping a US$439.8m single-borrower commercial mortgage bond underpinned by a loan on 375 Park A Published 09 May, 2013 09:25pm
Markets TSX retreats on banks, golds despite Canadian Tire surge TORONTO: Canada's main stock index fell on Thursday as weakness in financial and gold-mining stocks overshadowed a j Published 09 May, 2013 09:21pm
Business & Finance Liquid Foreign reserves stood at over US $ 11.86bn ISLAMABAD: The total liquid foreign reserves held by the country stood at $ 11,863.1 million on May 3.Giving the break-u Published 09 May, 2013 09:16pm
Top News IMF sees first Cyprus bailout loan this month WASHINGTON: The International Monetary Fund on Thursday said it would likely disburse its first bailout loan to Cyprus a Published 09 May, 2013 09:14pm
World Brahimi to stay on as Syria envoy after Russia-US bid: UN UNITED NATIONS: Lakhdar Brahimi has withdrawn a threat to resign as UN-Arab League envoy on the Syria conflict after Rus Published 09 May, 2013 08:49pm
Top News Karzai says US could keep nine Afghanistan bases KABUL: Afghan President Hamid Karzai said Thursday that he could allow the United States to keep nine military bases in Published 09 May, 2013 08:44pm
Markets Dollar above 100 yen for first time in four years NEW YORK: The US dollar topped 100 yen for the first time in more than four years on Thursday as Tokyo's aggressive Published 09 May, 2013 08:38pm
World Israeli settler housing in West Bank 'counterproductive': US WASHINGTON: The United States warned Israel on Thursday that its reported plans to build additional settlement housing i Published 09 May, 2013 08:28pm
Top News Syria will 'respond immediately' to any Israeli strike DAMASCUS: Syria threatened on Thursday an immediate response to any new Israeli strike, after two reported attacks on mi Published 09 May, 2013 08:16pm
Top News Kerry meets Blair in push for Mideast talks ROME: US Secretary of State John Kerry Thursday hosted talks with special Middle East envoy Tony Blair as he seeks to fi Published 09 May, 2013 08:13pm
Top News Palestinian anger as Israel okays 300 new settler homes JERUSALEM: Israel has signed off on plans for nearly 300 new settler homes near Ramallah, angering the Palestinians who Published 09 May, 2013 08:09pm
Life & Style YouTube launches paid channels, promises more NEW YORK: YouTube on Thursday launched a pilot program of paid channels for its online video service, calling it part of Published 09 May, 2013 08:05pm
Top News Aristide says his party can win Haiti elections PORT-AU-PRINCE: Haiti's former president Jean-Bertrand Aristide said Thursday his party could win a majority in upco Published 09 May, 2013 07:59pm
Top News Obama takes new shot at unleashing jobs growth MANOR: US President Barack Obama on Thursday launched yet another effort to pressure Congress to act on his plans to inv Published 09 May, 2013 07:56pm
Top News Cotton hits 1-month high; gains tempered by India sale news NEW YORK: Cotton futures rose to one-month highs on Wednesday on fresh buying driven by concerns about dry weather in Te Published 08 May, 2013 10:10pm
Markets Stocks rally on China, German data, euro gains NEW YORK: Global equity markets and the euro rose on Wednesday as strong Chinese trade data and signs that Germany may e Published 08 May, 2013 10:07pm
Markets C$ hits 2-1/2 month high, but US$ parity seen iffy TORONTO: The Canadian dollar strengthened against its US counterpart for a fourth straight session on Wednesday, testing Published 08 May, 2013 10:05pm
Markets S&P 500 ends at record high for 5th day NEW YORK: The S&P 500 closed at an all-time high for a fifth day on Wednesday in a broad rally that keeps surprising Published 08 May, 2013 10:02pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points