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Print - 2013-02-17
NAB officer committed suicide: report

NAB officer committed suicide: report

The medical board constituted after the mysterious death of Kamran Faisal, an official of National Accountability Bureau (NAB) probing Rental Power Plants (RPPs) case, has finalised a medical report after it examined a forensic report prepared by Punjab F
Published 17 Feb, 2013 12:00am
Saudi's Kingdom Holding buys stake in Chinese online retailer

Saudi's Kingdom Holding buys stake in Chinese online retailer

Kingdom Holding Co, the international investment firm of Saudi billionaire Prince Alwaleed bin Talal, and a consortium of investors have bought a 1.5 billion rial ($400 mln) stake in Chinese online retail firm 360buy Jingdong, the company said.
Published 17 Feb, 2013 12:00am
China's holiday retail sales jump 15 percent

China's holiday retail sales jump 15 percent

China on Saturday said retail sales jumped nearly 15 percent on-year during the week-long Lunar New Year holiday, as consumers splurged on jewellery, clothes and food. Lunar New Year marks the biggest festival of the year in China as hundreds of millions
Published 17 Feb, 2013 12:00am
Troika studies fallout of Cyprus bankruptcy

Troika studies fallout of Cyprus bankruptcy

Experts from the European Union, European Central Bank and International Monetary Fund are studying the consequences if Cyprus does not receive a bailout, a German newspaper reported on Saturday. "Experts from the troika are calculating, especially under
Published 17 Feb, 2013 12:00am
Special US insurance plan for the sick suspends enrolment

Special US insurance plan for the sick suspends enrolment

The Obama administration on Friday said it would stop enrolling new beneficiaries in a special $5 billion insurance program for people with pre-existing medical conditions, because of rising costs and limited funding.
Published 17 Feb, 2013 12:00am
Regulator tells Brussels to ease rules on mobile masts

Regulator tells Brussels to ease rules on mobile masts

Rules regarding the amount of radiation that can be emitted from mobile telephone masts are too strict in Brussels and should be eased to allow for a high-speed mobile internet networks to be rolled out, the Belgian telecoms regulator said. Mobile telepho
Published 17 Feb, 2013 12:00am
Obama calls for reviving US manufacturing

Obama calls for reviving US manufacturing

US President Barack Obama called Saturday for quick congressional action designed to grow the US economy, create jobs and making America a magnet for manufacturing. "After shedding jobs for more than 10 years, our manufacturers have added about 500,000 jo
Published 17 Feb, 2013 12:00am
Britain pours cold water on RBS reports

Britain pours cold water on RBS reports

Britain's finance minister George Osborne on Saturday dismissed newspaper reports the government was planning to give away its stake in state-controlled Royal Bank of Scotland by 2015, saying such discussions were "premature." Britain owns 82 percent of R
Published 17 Feb, 2013 12:00am
UK's business minister urges rethink of lending scheme

UK's business minister urges rethink of lending scheme

Britain's business minister called on the Bank of England on Saturday to consider new ways to unblock the flow of credit to small companies in order to help the country's sluggish economy. Vince Cable said he had written to the number two at the central b
Published 17 Feb, 2013 12:00am
LPS settles US foreclosure fraud criminal probe

LPS settles US foreclosure fraud criminal probe

The mortgage servicing company Lender Processing Services Inc has agreed to pay $35 million to resolve a federal criminal investigation into foreclosure fraud, the US Department of Justice said on Friday. The settlement resolves allegations over the Jacks
Published 17 Feb, 2013 12:00am
LPS settles US foreclosure fraud criminal probe

LPS settles US foreclosure fraud criminal probe

The mortgage servicing company Lender Processing Services Inc has agreed to pay $35 million to resolve a federal criminal investigation into foreclosure fraud, the US Department of Justice said on Friday. The settlement resolves allegations over the Jacks
Published 17 Feb, 2013 12:00am
Luxury brand Bottega Veneta says Europe shop window for China

Luxury brand Bottega Veneta says Europe shop window for China

Italy's Bottega Veneta plans to invest as much in new shops in Western Europe as in emerging countries in the coming years even though sales are growing quicker in new markets, its chief executive said. Bottega Veneta, known for its woven leather totes st
Published 17 Feb, 2013 12:00am
Merkel renews calls for financial transaction tax

Merkel renews calls for financial transaction tax

Chancellor Angela Merkel renewed calls for a world-wide financial transaction tax in her weekly video broadcast, noting it will be introduced across parts of the European Union next year. Merkel, seeking a third term in a September 22 election, said the f
Published 17 Feb, 2013 12:00am
Merkel renews calls for financial transaction tax

Merkel renews calls for financial transaction tax

Chancellor Angela Merkel renewed calls for a world-wide financial transaction tax in her weekly video broadcast, noting it will be introduced across parts of the European Union next year. Merkel, seeking a third term in a September 22 election, said the f
Published 17 Feb, 2013 12:00am
Telenor India unit to shut Mumbai operations

Telenor India unit to shut Mumbai operations

Telenor's India unit said on Saturday it would close down its mobile phone services in Mumbai zone immediately after a court ordered that carriers whose permits were revoked and did not win fresh rights to airwaves must stop services. Telenor's permits in
Published 17 Feb, 2013 12:00am
De Beers invests in new South African diamond mine

De Beers invests in new South African diamond mine

The world's leading diamond company De Beers announced Friday a $2 billion investment in a new South African diamond mine that will begin production in 2021. The underground mine is beneath the currently operating open pit Venetia Mine in northern Limpopo
Published 17 Feb, 2013 12:00am
European wheat futures close narrowly mixed

European wheat futures close narrowly mixed

European wheat futures closed narrowly mixed on Thursday, pressured by weakness in US prices but underpinned by export prospects that have helped the market recover from seven-month lows earlier this week. Front-month March milling wheat on the Paris futu
Published 17 Feb, 2013 12:00am
Argentine soya crops still thirsty for rains

Argentine soya crops still thirsty for rains

The scant rains and high temperatures worrying Argentine farmers since January have started to hit the development of corn and soya, particularly later-planted crops, the agriculture ministry said on Friday. Rain fell in the last few days in parts of the
Published 17 Feb, 2013 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 163,357 tonnes of cargo comprising 134,534 tonnes of import cargo and 28,823 tonnes of export cargo including 3,376 loaded and empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 13
Published 17 Feb, 2013 12:00am
US soyabean export premiums lower

US soyabean export premiums lower

Soyabean export premiums at the US Gulf Coast were flat to weaker on Friday as an unknown buyer cancelled a large old-crop purchase and as less expensive South American supplies were poised to flood the world market, traders said. USDA on Friday confirmed
Published 17 Feb, 2013 12:00am
US natural gas futures end lower

US natural gas futures end lower

US natural gas futures ended lower for a second straight session on Friday, closing out the week down nearly 4 percent ahead of the Presidents Day holiday weekend. Despite forecasts that cold weather will return to consuming regions over the weekend and n
Published 17 Feb, 2013 12:00am
Asian naphtha price at 10-month high

Asian naphtha price at 10-month high

The Asian naphtha price was at a 10-month high of $1061 a tonne on Thursday while its margin was close to a year high of $175.03 a tonne as the stubborn supply crunch pushed the crack up for the seventh straight session. The strong fundamentals were cause
Published 17 Feb, 2013 12:00am
Canadian wheat exports seen surging on lower Australia output

Canadian wheat exports seen surging on lower Australia output

Canadian wheat exports might be heading toward the biggest volume in six years following a bountiful harvest in Canada and sharply lower output from rival shipper Australia. A projected 26 percent decline in wheat production in Australia, the world's seco
Published 17 Feb, 2013 12:00am
Europe's cash cocoa butter ratios recover after slump

Europe's cash cocoa butter ratios recover after slump

Price ratios for the key chocolate ingredient cocoa butter were slightly firmer in Europe's cash cocoa market this week on bargain hunting after recent price falls coupled with weaker futures, dealers said on Friday. Price ratios for cocoa butter for Febr
Published 17 Feb, 2013 12:00am
Declining trend on grain market

Declining trend on grain market

Most of the commodity items slid on the wholesale grain market on Saturday in the process of modest trading, traders said. On the grams side, grams Australia No 1 lost Rs 700 to Rs 5800-6200 and gram Australia Dall No 1 followed same pattern, losing Rs 60
Published 17 Feb, 2013 12:00am
Cotton mills avoid to commit themselves despite fall in rates

Cotton mills avoid to commit themselves despite fall in rates

Mills remained on the sidelines on the cotton market on Saturday despite the fact that the ginners lowered asking prices to attract buyers, dealers said. The official spot price was unchanged at 6,250, dealers said. Seed cotton prices in Sindh were inert
Published 17 Feb, 2013 12:00am
Oil cake market rates

Oil cake market rates

The March vaida was down while the May contract was unchanged on the forward cottonseeds oilcake market on Saturday in process of trading, dealers said. The March vaida ended at Rs 900.9, while it commenced with a fall of 30 paisa at Rs 900.6 hour. The Ma
Published 17 Feb, 2013 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee maintained firm posture against the dollar on the open market on Saturday in the process of trading, dealers said. The rupee for the third day in a row held its overnight levels against the dollar for buying and selling at 99.00 and 99.25, they
Published 17 Feb, 2013 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee maintained firm posture against the dollar on the open market on Saturday in the process of trading, dealers said. The rupee for the third day in a row held its overnight levels against the dollar for buying and selling at 99.00 and 99.25, they
Published 17 Feb, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 16, 2013).

Published 17 Feb, 2013 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 (February 16, 2013).

Published 17 Feb, 2013 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (February 16, 2013).

Published 17 Feb, 2013 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 (February 16, 2013).

Published 17 Feb, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (February 16, 2013) and for Sunday (February 17, 2013).
Published 17 Feb, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 16, 2013).

Published 17 Feb, 2013 12:00am
The Weather

The Weather

The weather report on Saturday (February 16, 2013) and the forecast for Sunday (February 17, 2013).

Published 17 Feb, 2013 12:00am
NAB officer committed suicide: report

NAB officer committed suicide: report

The medical board constituted after the mysterious death of Kamran Faisal, an official of National Accountability Bureau (NAB) probing Rental Power Plants (RPPs) case, has finalised a medical report after it examined a forensic report prepared by Punjab F
Published 17 Feb, 2013 12:00am
Misuse of zero-rating regime: textile tycoons face tough action

Misuse of zero-rating regime: textile tycoons face tough action

The Federal Board of Revenue''''s (FBR) Directorate-General of Intelligence and Investigation Inland Revenue (IR) on Saturday moved to arrest and prosecute owners and directors of textile units involved in misuse of zero-rating regime, fake invoices and c
Published 17 Feb, 2013 12:00am
PEF plans increase of Rs 50 in students' fee

PEF plans increase of Rs 50 in students' fee

The Punjab Education Foundation (PEF) has planned to make an annual increase of Rs 50 for next five years in the students' fee of its partner schools to enable the partners so that they can arrange better educational facilities for the students as well as
Published 17 Feb, 2013 12:00am
President condemns Quetta blast

President condemns Quetta blast

President Asif Ali Zardari on Saturday strongly condemned the blast at Karani road Quetta that has resulted into the loss of precious lives while injuring many innocent people. The President has directed the concerned authorities to provide best medical a
Published 17 Feb, 2013 12:00am
Pakistani paintings exhibit at Indonesian gallery

Pakistani paintings exhibit at Indonesian gallery

Major group paintings exhibition of Pakistani artists is in progress at the Indonesian National Gallery Central Jakarta and drawing good crowd including Pakistani community members. According to a message received here from Jakarta, the group art show tit
Published 17 Feb, 2013 12:00am
PTI terms: ANP's APC a futile exercise

PTI terms: ANP's APC a futile exercise

Pakistan Tehrik-e-Insaaf's Provincial leaders have termed the ANP-convened All Parties Conference as a futile exercise, adding Pakhtuns leaders didn't work on ground for establishment of peace during last five years of their rule.
Published 17 Feb, 2013 12:00am
Qaim condoles demise of Shahi Syed's sister

Qaim condoles demise of Shahi Syed's sister

Sindh Chief Minister Syed Qaim Ali Shah on Saturday arrived at Mardan House and offered Condolences/Fateha with President ANP Shahi Syed on sad demise of his sister. He also offered condolences on Shahadat of ANP Leader Bashir Ahmed Bilour. He prayed Almi
Published 17 Feb, 2013 12:00am
JI for collective efforts to curb terrorism

JI for collective efforts to curb terrorism

It was a responsibility of all political forces to curb the way of terrorism and maintain law and order situation so as the people could elect their representatives in a peaceful atmosphere, said provincial chief Jamaate Islami (JI) of Khyber Pakhtunkhwa
Published 17 Feb, 2013 12:00am
Pre-launch ceremony of 'Parkview Apartments' held

Pre-launch ceremony of 'Parkview Apartments' held

Javedan Corporation Limited (JCL) has launched modern apartments 'Parkview Apartments' in Naya Nazimabad here on Saturday. This was announced by Arif Habib, Chairman, Arif Habib Group along with Haji Ghani Usman, Shunaid Qureshi, Iqbal Usman and Samad Hab
Published 17 Feb, 2013 12:00am
Teach For Pakistan hosts Academic Olympiad 2013

Teach For Pakistan hosts Academic Olympiad 2013

Teach For Pakistan, an initiative of The Aman Foundation, along with its Fellows organised an inter-school competition between students of 12 under-resourced schools in Karachi. This was part of their mission to engage students and parents in the learning
Published 17 Feb, 2013 12:00am
Rates of most kitchen items remain stable

Rates of most kitchen items remain stable

With a slight decrease in prices of chicken, eggs and vegetables, rates of other essential kitchen items remained stable last week against the preceding week, a survey carried out by Business Recorder showed here on Saturday. Traders and wholesaler
Published 17 Feb, 2013 12:00am
Rates of most kitchen items remain stable

Rates of most kitchen items remain stable

With a slight decrease in prices of chicken, eggs and vegetables, rates of other essential kitchen items remained stable last week against the preceding week, a survey carried out by Business Recorder showed here on Saturday. Traders and wholesaler
Published 17 Feb, 2013 12:00am
Rates of most kitchen items remain stable

Rates of most kitchen items remain stable

With a slight decrease in prices of chicken, eggs and vegetables, rates of other essential kitchen items remained stable last week against the preceding week, a survey carried out by Business Recorder showed here on Saturday. Traders and wholesaler
Published 17 Feb, 2013 12:00am
Soda ash valuation revised

Soda ash valuation revised

The Directorate General of Customs Valuation, Karachi has revised customs values on import of soda ash for accurate assessment of customs duty. Sources told Business Recorder here on Saturday that the DG Customs Valuation, Karachi has issued a valu
Published 17 Feb, 2013 12:00am
Soda ash valuation revised

Soda ash valuation revised

The Directorate General of Customs Valuation, Karachi has revised customs values on import of soda ash for accurate assessment of customs duty. Sources told Business Recorder here on Saturday that the DG Customs Valuation, Karachi has issued a valu
Published 17 Feb, 2013 12:00am
Soda ash valuation revised

Soda ash valuation revised

The Directorate General of Customs Valuation, Karachi has revised customs values on import of soda ash for accurate assessment of customs duty. Sources told Business Recorder here on Saturday that the DG Customs Valuation, Karachi has issued a valu
Published 17 Feb, 2013 12:00am
Punjab faces more CNG loadshedding than other provinces do

Punjab faces more CNG loadshedding than other provinces do

Punjab is facing three times more loadshedding of Compressed Natural Gas (CNG) as compared with other provinces of the country. From December 27, 2012 to February 10, 2013, there was no gas for the CNG stations of Punjab expect a few outlets, which got st
Published 17 Feb, 2013 12:00am
Punjab faces more CNG loadshedding than other provinces do

Punjab faces more CNG loadshedding than other provinces do

Punjab is facing three times more loadshedding of Compressed Natural Gas (CNG) as compared with other provinces of the country. From December 27, 2012 to February 10, 2013, there was no gas for the CNG stations of Punjab expect a few outlets, which got st
Published 17 Feb, 2013 12:00am
Punjab faces more CNG loadshedding than other provinces do

Punjab faces more CNG loadshedding than other provinces do

Punjab is facing three times more loadshedding of Compressed Natural Gas (CNG) as compared with other provinces of the country. From December 27, 2012 to February 10, 2013, there was no gas for the CNG stations of Punjab expect a few outlets, which got st
Published 17 Feb, 2013 12:00am
UAE mulls new labour law to attract Emiratis to private sector

UAE mulls new labour law to attract Emiratis to private sector

The United Arab Emirates is considering changes to its labour law to attract more citizens into the private sector, local media reported on Saturday, to lessen the burden of a bloated public sector in case of a fall in oil prices. Many Emiratis prefer to
Published 17 Feb, 2013 12:00am
UAE mulls new labour law to attract Emiratis to private sector

UAE mulls new labour law to attract Emiratis to private sector

The United Arab Emirates is considering changes to its labour law to attract more citizens into the private sector, local media reported on Saturday, to lessen the burden of a bloated public sector in case of a fall in oil prices. Many Emiratis prefer to
Published 17 Feb, 2013 12:00am
UAE mulls new labour law to attract Emiratis to private sector

UAE mulls new labour law to attract Emiratis to private sector

The United Arab Emirates is considering changes to its labour law to attract more citizens into the private sector, local media reported on Saturday, to lessen the burden of a bloated public sector in case of a fall in oil prices. Many Emiratis prefer to
Published 17 Feb, 2013 12:00am
TI Pakistan requests chairman FBR to control monopolistic practices

TI Pakistan requests chairman FBR to control monopolistic practices

Transparency International Pakistan has requested Chairman, Federal Board of Revenue (FBR) to act on the advice of the Competition Commission of Pakistan (CCP) and Ministry of Finance in controlling monopolistic practices in the country.
Published 17 Feb, 2013 12:00am
TI Pakistan requests chairman FBR to control monopolistic practices

TI Pakistan requests chairman FBR to control monopolistic practices

Transparency International Pakistan has requested Chairman, Federal Board of Revenue (FBR) to act on the advice of the Competition Commission of Pakistan (CCP) and Ministry of Finance in controlling monopolistic practices in the country.
Published 17 Feb, 2013 12:00am
TI Pakistan requests chairman FBR to control monopolistic practices

TI Pakistan requests chairman FBR to control monopolistic practices

Transparency International Pakistan has requested Chairman, Federal Board of Revenue (FBR) to act on the advice of the Competition Commission of Pakistan (CCP) and Ministry of Finance in controlling monopolistic practices in the country.
Published 17 Feb, 2013 12:00am
'Assad should face war crimes probe'

'Assad should face war crimes probe'

The United Nations human rights chief said on Saturday Syrian President Bashar al-Assad should be probed for war crimes and called for immediate action by the international community, including possible military intervention. Navi Pillay, the UN high comm
Published 17 Feb, 2013 12:00am
'Assad should face war crimes probe'

'Assad should face war crimes probe'

The United Nations human rights chief said on Saturday Syrian President Bashar al-Assad should be probed for war crimes and called for immediate action by the international community, including possible military intervention. Navi Pillay, the UN high comm
Published 17 Feb, 2013 12:00am
Strike paralyses Occupied Kashmir as curfew lifted

Strike paralyses Occupied Kashmir as curfew lifted

A curfew imposed in Occupied Kashmir after the execution of Afzal Guru convicted over a 2001 attack on parliament was lifted Saturday but a general strike against the hanging paralysed the region. Authorities declared the curfew in the Indian held region
Published 17 Feb, 2013 12:00am
Strike paralyses Occupied Kashmir as curfew lifted

Strike paralyses Occupied Kashmir as curfew lifted

A curfew imposed in Occupied Kashmir after the execution of Afzal Guru convicted over a 2001 attack on parliament was lifted Saturday but a general strike against the hanging paralysed the region. Authorities declared the curfew in the Indian held region
Published 17 Feb, 2013 12:00am
G20 steps back from currency brink, heat off Japan

G20 steps back from currency brink, heat off Japan

The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy. Japan's expansive policies, which have driven down the
Published 17 Feb, 2013 12:00am
PML-N rejects doubts over ECP composition

PML-N rejects doubts over ECP composition

Pakistan's main opposition political party - Pakistan Muslim League-Nawaz (PML-N) - has expressed full confidence in the independence of the ECP, effectively rejecting doubts expressed by some elements regarding its composition and neutrality. There are a
Published 17 Feb, 2013 12:00am
Iran not seeking a nuclear weapon: Khamenei

Iran not seeking a nuclear weapon: Khamenei

Iran does not want nuclear weapons but if it did, no world power could prevent it from obtaining one, Iran's Supreme Leader said on Saturday, according to Iranian media. The United States and some of its Western allies suspect Iran may be trying to develo
Published 17 Feb, 2013 12:00am
Iran not seeking a nuclear weapon: Khamenei

Iran not seeking a nuclear weapon: Khamenei

Iran does not want nuclear weapons but if it did, no world power could prevent it from obtaining one, Iran's Supreme Leader said on Saturday, according to Iranian media. The United States and some of its Western allies suspect Iran may be trying to develo
Published 17 Feb, 2013 12:00am
Saudi urges unity against 'terror' threat

Saudi urges unity against 'terror' threat

A senior Saudi official told an international conference on security on Saturday that the "terrorist" threat remains and urged global co-operation to combat it. "The danger of terrorism and terrorists still persists and affects several countries," Prince
Published 17 Feb, 2013 12:00am
Saudi urges unity against 'terror' threat

Saudi urges unity against 'terror' threat

A senior Saudi official told an international conference on security on Saturday that the "terrorist" threat remains and urged global co-operation to combat it. "The danger of terrorism and terrorists still persists and affects several countries," Prince
Published 17 Feb, 2013 12:00am
G20 steps back from currency brink, heat off Japan

G20 steps back from currency brink, heat off Japan

The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy. Japan''s expansive policies, which have driven down the
Published 17 Feb, 2013 12:00am
G20 steps back from currency brink, heat off Japan

G20 steps back from currency brink, heat off Japan

The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy. Japan's expansive policies, which have driven down the
Published 17 Feb, 2013 12:00am
Quetta blast kills more than 70, injures 180

Quetta blast kills more than 70, injures 180

A powerful bomb blast killed more than 70 people including women and children and wounded more than 180 here on Saturday, police and officials said. The powerful explosion demolished a two-storey building at a busy market near a neighbourhood inhabited by
Published 17 Feb, 2013 12:00am
Seven shot dead in Karachi

Seven shot dead in Karachi

At least seven persons were killed in separate incidents at various parts of the metropolis, here on Saturday. An activist of Ahle Sunnat Wal Jamaat (ASWJ) was targeted near his residence in Al-Noor Society in the limits of Gulberg police station. Police
Published 17 Feb, 2013 12:00am