Chief of Army Staff General Ashfaq Pervez Kayani called on Prime Minister Nawaz Sharif at PM's House on Wednesday. The Army Chief and the PM discussed overall security situation in the country. The CoAS briefed the PM on decisions taken in the Formation C
Chief of Army Staff General Ashfaq Pervez Kayani called on Prime Minister Nawaz Sharif at PM's House on Wednesday. The Army Chief and the PM discussed overall security situation in the country. The CoAS briefed the PM on decisions taken in the Formation C
Prime Minister Muhammad Nawaz Sharif on Wednesday expressed annoyance over incompetence and criminal negligence of police during the Rawalpindi violence and issued directives to the authorities to conduct a fair and neutral investigation into the incident
Prime Minister Muhammad Nawaz Sharif on Wednesday expressed annoyance over incompetence and criminal negligence of police during the Rawalpindi violence and issued directives to the authorities to conduct a fair and neutral investigation into the incident
Adviser to the Prime Minister Muhammad Nawaz Sharif on National Security and Foreign Affairs Sartaj Aziz on Wednesday said the Untied States had given assurance to Pakistan that CIA drones would not target Tehreek-e-Taliban Pakistan (TTP) during the gover
Adviser to the Prime Minister Muhammad Nawaz Sharif on National Security and Foreign Affairs Sartaj Aziz on Wednesday said the Untied States had given assurance to Pakistan that CIA drones would not target Tehreek-e-Taliban Pakistan (TTP) during the gover
The Federal Board of Revenue has assured Finance Minister Ishaq Dar that the risk-based profiling of new sales tax registration applicants will start on priority basis to ensure issuance of Sales Tax Registration Numbers (STRNs) to solely genuine applican
The Federal Board of Revenue has assured Finance Minister Ishaq Dar that the risk-based profiling of new sales tax registration applicants will start on priority basis to ensure issuance of Sales Tax Registration Numbers (STRNs) to solely genuine applican
The Federal Board of Revenue has assured Finance Minister Ishaq Dar that the risk-based profiling of new sales tax registration applicants will start on priority basis to ensure issuance of Sales Tax Registration Numbers (STRNs) to solely genuine applican
United States Ambassador to Pakistan, Richard Olson on Wednesday said that major American companies had shown a keen interest in the project to import Liquefied Natural Gas (LNG) and participate in the privatisation process of energy sector companies.
United States Ambassador to Pakistan, Richard Olson on Wednesday said that major American companies had shown a keen interest in the project to import Liquefied Natural Gas (LNG) and participate in the privatisation process of energy sector companies.
United States Ambassador to Pakistan, Richard Olson on Wednesday said that major American companies had shown a keen interest in the project to import Liquefied Natural Gas (LNG) and participate in the privatisation process of energy sector companies.
Teenager Malala Yousafzai was handed the EU's prestigious Sakharov human rights prize Wednesday in recognition of her crusade for the right of all children, girls and boys, to an education. To thunderous applause announcing the European Parliament prize,
Teenager Malala Yousafzai was handed the EU's prestigious Sakharov human rights prize Wednesday in recognition of her crusade for the right of all children, girls and boys, to an education. To thunderous applause announcing the European Parliament prize,
Pakistan Tehreek-e-Insaf-led provincial government on Wednesday decided not to participate in the scheduled sit-in to block Nato supply route on November 23 after its legal wizards termed the move unwise, it is learnt. Well-placed sources told Business
Pakistan Tehreek-e-Insaf-led provincial government on Wednesday decided not to participate in the scheduled sit-in to block Nato supply route on November 23 after its legal wizards termed the move unwise, it is learnt. Well-placed sources told Business
Prime Minister Nawaz Sharif on Wednesday said Pakistan provides a hospitable environment for business community and said the government is fully committed to provide best opportunities for international investors. The Prime Minister expressed these views
Prime Minister Nawaz Sharif on Wednesday said Pakistan provides a hospitable environment for business community and said the government is fully committed to provide best opportunities for international investors. The Prime Minister expressed these views
Prime Minister Nawaz Sharif on Wednesday said Pakistan provides a hospitable environment for business community and said the government is fully committed to provide best opportunities for international investors. The Prime Minister expressed these views
The Ministry of Law on Wednesday issued notification of formation of a special court to hear a treason case against former president General (r) Pervez Musharraf (Retd). A summary of three names was forwarded to the President for his approval, after which
The Ministry of Law on Wednesday issued notification of formation of a special court to hear a treason case against former president General (r) Pervez Musharraf (Retd). A summary of three names was forwarded to the President for his approval, after which
Attorney General for Pakistan (AGP) Munir A Malik on Wednesday told media persons that investigators had solid evidence against former President and army chief Pervez Musharraf in high treason case. According to him, the Federal Investigation Agency (FIA)
Attorney General for Pakistan (AGP) Munir A Malik on Wednesday told media persons that investigators had solid evidence against former President and army chief Pervez Musharraf in high treason case. According to him, the Federal Investigation Agency (FIA)
The Ministry of Petroleum and Natural Resources has initiated work on a plan to explore shale gas/oil in the country which, according to US Energy Information Administration (EIA), stands at 586 Trillion Cubic Feet (TCF) and over 9 billion barrels of shal
The Ministry of Petroleum and Natural Resources has initiated work on a plan to explore shale gas/oil in the country which, according to US Energy Information Administration (EIA), stands at 586 Trillion Cubic Feet (TCF) and over 9 billion barrels of shal
The Ministry of Petroleum and Natural Resources has initiated work on a plan to explore shale gas/oil in the country which, according to US Energy Information Administration (EIA), stands at 586 Trillion Cubic Feet (TCF) and over 9 billion barrels of shal
Chief of Army Staff General Ashfaq Parvez Kayani chaired a meeting of the Formation Commanders on Wednesday at General Headquarters (GHQ) - the last such gathering during his tenure. The army high command discussed the over all security situation particul
Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 20, 2013).
Chief of Army Staff General Ashfaq Parvez Kayani chaired a meeting of the Formation Commanders on Wednesday at General Headquarters (GHQ) - the last such gathering during his tenure. The army high command discussed the over all security situation particul
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (November 20, 2013).
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
The average price of top Kenyan tea rose to $4.10 per kg at this week's auction from $3.57 per kg last week, traders said on Wednesday. Kenya is the world's leading black tea exporter and the crop is a major foreign exchange earner in east Africa's larges
A few changes were seen on the wholesale grain market on Wednesday in the process of trading, dealers said. On the cereals side, Masoor Canada was down by Rs 100 to Rs 8000 due to steady arrival position, other commodities maintained overnight levels, the
Soyabean export premiums at the US Gulf Coast were mostly unchanged on Tuesday amid routine demand, while corn premiums were steady with a firm tone, traders said. Nearby premiums were unquoted as November and December loading capacity at the Gulf was eff
Vietnamese coffee exporters have cut prices to bring them on par with global levels as crop harvesting in the world's top robusta producer picked up pace and boosted supply, but sales were slow as buyers sought even lower prices, traders said on Tuesday.
Indian sugar futures rose on Wednesday from their lowest level in nearly one-and-a-half years on hopes the government would raise import duty on the sweetener and also due to a delayed crushing season in key producing states. The key December contract was
European wheat futures were higher on Wednesday on strengthening prospects for exports as rival Black Sea wheat fades from the market, despite a setback for French wheat in a tender from Egypt on Tuesday. A strong close in Chicago on Tuesday, when US whea
The Karachi Port handled 79,917 tonnes of cargo comprising 75,188 tonnes of import cargo and 4,729 tonnes of export cargo including 2,303 loaded and empty containers during the last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 75,1
The top price of Kenya's benchmark coffee at auction fell to $294 per 50-kg bag from $315 at the last sale two weeks ago, the Nairobi Coffee Exchange (NCE) said on Wednesday. Kenya is a small coffee producer, but its speciality coffee is famous for its qu
US wheat futures rose on Tuesday on firm demand in the export market and on concerns about the declining condition of the US crop as it heads into dormancy. The front-month Chicago Board of Trade soft red winter wheat contract rose 1.2 percent, its bigges
Futures were higher on the forward cottonseeds oilcake market on Wedneday in the process of trading, dealers said. The December vaida closed at Rs 954.70 and it opened with a gain of 20 paisa at Rs 954.90 in the morning session, they said. The January con
Spot rate declined sharply because of easy supply of phutti, dealers said on the cotton market on Tuesday. The official spot rate fell sharp by Rs 100 to Rs 6,450, they said. Price of seed cotton in Sindh per 40 kg were inert at Rs 1800-2800 and, in Punja
China's Sinopec Corp is in serious talks on a site for a potential liquefied natural gas (LNG) export terminal in British Columbia, the province's Minister of Natural Gas Development said on Tuesday. Rich Coleman, in a conference call with reporters, said
The European Central Bank is unlikely to embark on its own bond buying programme but will offer banks another wave of cheap cash early next year through long-term loans, a Reuters poll of economists found on Wednesday. All policy options are open to the E
The European Central Bank is unlikely to embark on its own bond buying programme but will offer banks another wave of cheap cash early next year through long-term loans, a Reuters poll of economists found on Wednesday. All policy options are open to the E
Germany's ThyssenKrupp said it was nearing a long-awaited sale of its US steel plant and had reached an agreement to settle a cartel lawsuit, clearing the way for it to raise much-needed capital. Shares in Germany's biggest steelmaker fell 2.1 percent, ho
The Bloomberg news agency said Tuesday it was cutting staff as it scales back its arts and culture coverage, saying it was seeking to position itself for "significant growth." The cuts are expected to affect fewer than 40 positions out of more than 2,000
The Germany head of IKEA Group, the world's biggest furniture retailer, eventually expects 10 percent of sales to come from e-commerce, although the Swedish firm is still investing heavily in physical stores. "A long-term share of turnover of 10 percent i
Miners are becoming increasingly vulnerable to cyber-hacking as they slash costs, automate equipment, rely more on the internet, and run mines from hundreds of kilometers away, a survey of nearly 40 mining companies has found. Threats can come from crimin
Seoul shares fell on Wednesday, snapping a four-day winning streak as foreign investors locked in profits, with the market failing to gain support from comments by the US Federal Reserve chief signalling commitment to its ultra-easy policy. The Korea Comp
Tokyo stocks closed 0.33 percent lower on Wednesday, giving up early gains as the dollar turned down against the yen. The benchmark Nikkei 225 index fell 50.48 points to 15,076.08 while the Topix index of all first-section issues closed down 0.28 percent,
European shares inched higher on Wednesday, recovering some of their poise after weakness in the previous session, with traders citing a report that the European Central Bank was mulling setting negative deposit rates. The FTSEurofirst 300 ended up 0.1 pe
Egypt's main stock index jumped 1.4 percent on Wednesday to its highest level since January 2011 after a major political protest in the capital ended relatively peacefully, while other Gulf markets were mixed. Egyptian police fired teargas to drive protes
US stocks rose on Wednesday after an economic report showed the annual inflation rate remains subdued, giving the Federal Reserve room to keep its stimulus measures in place. The Consumer Price Index dipped 0.1 percent last month and rose only 1 percent f
US stocks fell on Tuesday, with the Dow and the S&P 500 retreating further from milestone levels, led by a slide in Best Buy after a disappointing outlook. Trading remained in a tight range with US Federal Reserve Chairman Ben Bernanke scheduled to speak
US Treasuries prices fell on Tuesday as investors pared their bond holdings on weakness in European bonds and competition from corporate bond supply. Treasury yields held in a tight trading range as investors awaited possible surprises in data on retail s
US Treasuries prices fell on Tuesday as investors pared their bond holdings on weakness in European bonds and competition from corporate bond supply. Treasury yields held in a tight trading range as investors awaited possible surprises in data on retail s
Israel's bluechip share index hit a record closing high on Wednesday, having lagged many of its counterparts across the world for nearly three years as political instability clouded investor perceptions towards the Middle East. The Tel Aviv 25 index rose
Australian stocks dropped 0.8 percent on Wednesday to a one-month closing low, with wide selling of mining and bank stocks after comments by Federal Reserve Chairman Ben Bernanke weakened the US dollar and strengthened the Australian currency, hurting exp
Hong Kong shares closed 0.18 percent higher on Wednesday following gains in Shanghai, as traders remained upbeat after China last week unveiled a blueprint for economic reforms. The benchmark Hang Seng Index rose 43.05 points to 23,700.86 on turnover of H
Indian shares fell nearly 1.5 percent on Wednesday, marking their biggest single-day percentage fall in nearly 1-1/2 months, as bluechips slumped on profit-booking after three consecutive sessions of gains. Some traders cited heavy basket selling in the m
Sri Lankan stocks fell to a seven-week closing low on Wednesday led by bluechips and large-caps as investors awaited directions from the 2014 budget, which will be presented later this week. The main stock index closed 0.27 percent, or 15.62 points, weake
Taiwan stocks retreated on Wednesday after four consecutive sessions of gains, weighed down by chipmakers, with heavyweight TSMC losing 2 percent. At 0259 GMT, the main TAIEX index was down 0.35 percent, or 28.99 points, at 8,231.22, after opening down 0.
Southeast Asian stocks mostly ended lower on Wednesday, with the typhoon-struck Philippines extending losses to a two-month low while Indonesia ended two sessions of gains as state-owned banks were hit by plans for lower dividend payouts. The Philippine m