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Print - 2014-08-01
Two children drown in Ravi

Two children drown in Ravi

Two children drowned in the Ravi river near Talamba on Thursday, Rescue 1122 sources quoted local people. The rescuers started an operation, but the bodies could not be found till the filing of this story.
Published 01 Aug, 2014 12:00am
SAARC brand power an effective tool to assist in global marketing

SAARC brand power an effective tool to assist in global marketing

Regional trading blocs have taken a centre stage in the global scenario as regional integration is not only improving global trade, but also bilateral relations, said Sheryar Ali Malik, Chairman Regional Standing Committee of FPCCI on Marketing and Brands
Published 01 Aug, 2014 12:00am
Imran demands fresh polls in country

Imran demands fresh polls in country

Chairman Tehreek-e-Insaf (PTI) Imran Khan on Thursday demanded fresh election in the country, saying that his party would move ahead with its scheduled 'million march' on Islamabad. "We want Pakistan Muslim League-Nawaz (PML-N) government be dissolved, a
Published 01 Aug, 2014 12:00am
People begin returning back to capital

People begin returning back to capital

People started returning back to twin cities after enjoying Eid at their hometown with their families to avoid rush on last days of the long holiday break. This year people enjoyed four days official holidays announced by the government for Eid besides tw
Published 01 Aug, 2014 12:00am
Six killed in attack on former Minister's guest house

Six killed in attack on former Minister's guest house

At least ten people were killed including brother of former KP Minister and six injured in two different incidents of gruesome attacks in Chakdara tehsil of Lower Dir and Karak districts, police said. At least six people including Ishaq Khan brother of fo
Published 01 Aug, 2014 12:00am
Nation celebrates Eid with great religious fervour

Nation celebrates Eid with great religious fervour

Eid-ul-Fitr was celebrated on Tuesday in the country including Azad Kashmir and Gilgit-Baltistan with great religious fervour and festivity. Eid congregations were held at open places, mosques and Eidgahs in all major cities and towns.
Published 01 Aug, 2014 12:00am
DCO visits city areas to check anti-dengue measures

DCO visits city areas to check anti-dengue measures

DCO Faisalabad Noor-ul-Amin Mengal visited different areas and checked the anti-dengue measures. He inspected various public and private buildings and their top roofs thoroughly. During the inspection, he ordered to seal the Manarva Theatre at Rajbah road
Published 01 Aug, 2014 12:00am
Shahbaz takes notice of traffic jam in Murree

Shahbaz takes notice of traffic jam in Murree

Punjab Chief Minister Muhammad Shahbaz Sharif has taken notice of traffic jam in Murree and directed administration and police to take immediate steps for maintaining the flow of traffic. The Chief Minister further issued directions for necessary measures
Published 01 Aug, 2014 12:00am
Man stones wife to death

Man stones wife to death

A woman was stoned to death by her husband over a domestic dispute in the jurisdiction of Manawan Police Station on Thursday. According to police, Naseem was killed by her husband Tariq over a domestic dispute. Her body was shifted to a morgue and the pol
Published 01 Aug, 2014 12:00am
Eid-ul-Fitr celebrated with zeal in Balochistan

Eid-ul-Fitr celebrated with zeal in Balochistan

Eid-ul-Fitr was celebrated with religious fervour and traditional zeal in Balochistan on Tuesday. Faithful, hundreds of thousands in number thronged to Eidgahs, mosques and imambargah to offer Eid prayer. Eid prayer was offered in over 100 places in the p
Published 01 Aug, 2014 12:00am
Fatemi underscores nurgency of resolving Gaza problem at UN

Fatemi underscores nurgency of resolving Gaza problem at UN

Tariq Fatemi, a top Pakistani diplomat, who held a series of meetings at the United Nations on Monday, underscored the urgent need to end the violence in Gaza where brutal Israeli attacks have left more than a thousand Palestinians dead and many more inju
Published 01 Aug, 2014 12:00am
US hails Prime Minister's focus on energy crisis, extremism: Fatemi

US hails Prime Minister's focus on energy crisis, extremism: Fatemi

Tariq Fatemi, a top diplomat, has wrapped up his US visit during which he met with senior Obama administration officials, key legislators and think-tanks members, saying there is appreciation for the way Prime Minister Muhammad Nawaz Sharif is tackling th
Published 01 Aug, 2014 12:00am
Two Hazaras shot dead in Quetta

Two Hazaras shot dead in Quetta

Two members of the Shia Hazara community were gunned down on Wednesday in Spini Road area of Quetta, the capital of volatile Balochistan province, police said. Imran Qureshi, the Superintendent of Police told media that unknown gunmen opened fire on Spini
Published 01 Aug, 2014 12:00am
Commander Southern Command calls on chief minister Balochistan

Commander Southern Command calls on chief minister Balochistan

Chief Minister Balochistan Dr Abdul Malik has said that the prevailing peace in Balochistan especially on the occasion of Eid-ul-Fitr has doubled the Eid delights. He was speaking to Commander Southern Command Lieutenant General Nasser Khan Janjua, who ca
Published 01 Aug, 2014 12:00am
Body to probe drowning of picnickers

Body to probe drowning of picnickers

Inspector General of Police (IGP) Sindh Ghulam Haider Jamali Thursday constituted a committee to ascertain facts and fix responsibility into the tragic drowning of picnickers at the Clifton beach. According to a police spokesman, the committee to be heade
Published 01 Aug, 2014 12:00am
MQM leaders visit Dr Imran Farooq's home

MQM leaders visit Dr Imran Farooq's home

On the directives of Altaf Hussain, the founder and leader of Muttahida Quami Movement, members of Co-ordination Committee, central executives, MQM parliamentarians and workers visited martyr's homes on the occasion of Eid-ul-Fitr. Deputy Congener Dr Khal
Published 01 Aug, 2014 12:00am
Punjab government to build 2,000 houses in North Waziristan: Shahbaz

Punjab government to build 2,000 houses in North Waziristan: Shahbaz

Punjab Chief Minister Shahbaz Sharif has announced construction of 2,000 houses, a modern hospital, a modern university and Daanish school in North Waziristan on behalf of the government and people of Punjab. Besides supplying fodder for the livestock of
Published 01 Aug, 2014 12:00am
Punjab government to build 2,000 houses in North Waziristan: Shahbaz

Punjab government to build 2,000 houses in North Waziristan: Shahbaz

Punjab Chief Minister Shahbaz Sharif has announced construction of 2,000 houses, a modern hospital, a modern university and Daanish school in North Waziristan on behalf of the government and people of Punjab. Besides supplying fodder for the livestock of
Published 01 Aug, 2014 12:00am
Punjab government to build 2,000 houses in North Waziristan: Shahbaz

Punjab government to build 2,000 houses in North Waziristan: Shahbaz

Punjab Chief Minister Shahbaz Sharif has announced construction of 2,000 houses, a modern hospital, a modern university and Daanish school in North Waziristan on behalf of the government and people of Punjab. Besides supplying fodder for the livestock of
Published 01 Aug, 2014 12:00am
CIA apologises for spying on US Senate

CIA apologises for spying on US Senate

The head of the CIA has apologised to US lawmakers after an investigation confirmed claims that his officers had "improperly" accessed Senate computers, the agency said Thursday. In March, CIA Director John Brennan dismissed allegations the agency had spi
Published 01 Aug, 2014 12:00am
CIA apologises for spying on US Senate

CIA apologises for spying on US Senate

The head of the CIA has apologised to US lawmakers after an investigation confirmed claims that his officers had "improperly" accessed Senate computers, the agency said Thursday. In March, CIA Director John Brennan dismissed allegations the agency had spi
Published 01 Aug, 2014 12:00am
Ebola-hit west Africa launches $100 million battle plan

Ebola-hit west Africa launches $100 million battle plan

West Africa's Ebola-hit nations imposed stringent new rules on Thursday to tackle the world's worst-ever outbreak of the tropical virus and agreed to launch a $100 million response plan at an emergency regional summit. The leaders of Sierra Leone and Libe
Published 01 Aug, 2014 12:00am
Ebola-hit west Africa launches $100 million battle plan

Ebola-hit west Africa launches $100 million battle plan

West Africa's Ebola-hit nations imposed stringent new rules on Thursday to tackle the world's worst-ever outbreak of the tropical virus and agreed to launch a $100 million response plan at an emergency regional summit. The leaders of Sierra Leone and Libe
Published 01 Aug, 2014 12:00am
Blood test can predict suicide risk

Blood test can predict suicide risk

Scientists have found that mutations in a gene that helps to cope with stress could increase the risk of suicide. Every 40 seconds someone in the world commits suicide. A new discovery by the Johns Hopkins University researchers could help lower this stat
Published 01 Aug, 2014 12:00am
Blood test can predict suicide risk

Blood test can predict suicide risk

Scientists have found that mutations in a gene that helps to cope with stress could increase the risk of suicide. Every 40 seconds someone in the world commits suicide. A new discovery by the Johns Hopkins University researchers could help lower this stat
Published 01 Aug, 2014 12:00am
15 dead in Taiwan gas explosions

15 dead in Taiwan gas explosions

At least 15 people were confirmed dead in a series of gas explosions in the southern Taiwanese city of Kaohsiung, the mayor said Friday. "The gas explosions on Thursday night killed 15 people and injured 233 others," Kaohsiung's mayor Chen Chu told report
Published 01 Aug, 2014 12:00am
15 dead in Taiwan gas explosions

15 dead in Taiwan gas explosions

At least 15 people were confirmed dead in a series of gas explosions in the southern Taiwanese city of Kaohsiung, the mayor said Friday. "The gas explosions on Thursday night killed 15 people and injured 233 others," Kaohsiung's mayor Chen Chu told report
Published 01 Aug, 2014 12:00am
Last airman in US bombing of Hiroshima dies

Last airman in US bombing of Hiroshima dies

The last surviving crewman of the Enola Gay - the US plane that dropped the first atomic bomb on Japan near the end of World War II - has died, US media reported Tuesday. Theodore Van Kirk, also known as "Dutch," died Monday of natural causes at the Park
Published 01 Aug, 2014 12:00am
Last airman in US bombing of Hiroshima dies

Last airman in US bombing of Hiroshima dies

The last surviving crewman of the Enola Gay - the US plane that dropped the first atomic bomb on Japan near the end of World War II - has died, US media reported Tuesday. Theodore Van Kirk, also known as "Dutch," died Monday of natural causes at the Park
Published 01 Aug, 2014 12:00am
India digs in heels as WTO trade deal deadline looms

India digs in heels as WTO trade deal deadline looms

The United States said on Thursday it was hopeful that differences between India and much of the rest of the world over a major trade agreement could be resolved in time, with only hours remaining before the deal has to be signed. New Delhi has insisted t
Published 01 Aug, 2014 12:00am
India digs in heels as WTO trade deal deadline looms

India digs in heels as WTO trade deal deadline looms

The United States said on Thursday it was hopeful that differences between India and much of the rest of the world over a major trade agreement could be resolved in time, with only hours remaining before the deal has to be signed. New Delhi has insisted t
Published 01 Aug, 2014 12:00am
Heavy shelling, clashes spread in Libya's Tripoli

Heavy shelling, clashes spread in Libya's Tripoli

Clashes with artillery and rockets spread on Thursday into two Tripoli districts, where rival militia brigades were battling over the airport in Libya's worst fighting since the 2011 revolt that ousted Muammar Qadhafi. Nearly 200 people have been killed s
Published 01 Aug, 2014 12:00am
Heavy shelling, clashes spread in Libya's Tripoli

Heavy shelling, clashes spread in Libya's Tripoli

Clashes with artillery and rockets spread on Thursday into two Tripoli districts, where rival militia brigades were battling over the airport in Libya's worst fighting since the 2011 revolt that ousted Muammar Qadhafi. Nearly 200 people have been killed s
Published 01 Aug, 2014 12:00am
Imam of China's biggest mosque killed in Xinjiang

Imam of China's biggest mosque killed in Xinjiang

The head of a China's largest mosque was murdered after conducting morning prayers, the local government in the far western region of Xinjiang said Thursday, amid intensifying violence in the turbulent region. Jume Tahir, the government-appointed imam of
Published 01 Aug, 2014 12:00am
Imam of China's biggest mosque killed in Xinjiang

Imam of China's biggest mosque killed in Xinjiang

The head of a China's largest mosque was murdered after conducting morning prayers, the local government in the far western region of Xinjiang said Thursday, amid intensifying violence in the turbulent region. Jume Tahir, the government-appointed imam of
Published 01 Aug, 2014 12:00am
Afghan election resolution inches forward with audit deal

Afghan election resolution inches forward with audit deal

Afghanistan's floundering attempts to declare a winner of its presidential election inched forward Thursday with a deal allowing an audit of all votes to restart, but the United Nations warned of the risk of further delays. Alleged fraud during the June 1
Published 01 Aug, 2014 12:00am
Afghan election resolution inches forward with audit deal

Afghan election resolution inches forward with audit deal

Afghanistan's floundering attempts to declare a winner of its presidential election inched forward Thursday with a deal allowing an audit of all votes to restart, but the United Nations warned of the risk of further delays. Alleged fraud during the June 1
Published 01 Aug, 2014 12:00am
Mader-e-Millat's birth anniversary observed

Mader-e-Millat's birth anniversary observed

The 122nd birth anniversary of Mader-e-Millat Mohtarma Fatima Jinnah was observed here on Thursday with due respect. Various social and political organisations paid glowing tribute to Mohtarma Fatima Jinnah for her struggle in Pakistan movement and hard w
Published 01 Aug, 2014 12:00am
Mader-e-Millat's birth anniversary observed

Mader-e-Millat's birth anniversary observed

The 122nd birth anniversary of Mader-e-Millat Mohtarma Fatima Jinnah was observed here on Thursday with due respect. Various social and political organisations paid glowing tribute to Mohtarma Fatima Jinnah for her struggle in Pakistan movement and hard w
Published 01 Aug, 2014 12:00am
Repatriation of profit, dividend hits $1.21 billion mark

Repatriation of profit, dividend hits $1.21 billion mark

Foreign investors repatriated some $1.21 billion on account of profit and dividend during the last fiscal year (FY14). The repatriated amount is some 13 percent or $136 million higher than the previous year (FY13), in which some $1.078 billion were transf
Published 01 Aug, 2014 12:00am
Repatriation of profit, dividend hits $1.21 billion mark

Repatriation of profit, dividend hits $1.21 billion mark

Foreign investors repatriated some $1.21 billion on account of profit and dividend during the last fiscal year (FY14). The repatriated amount is some 13 percent or $136 million higher than the previous year (FY13), in which some $1.078 billion were transf
Published 01 Aug, 2014 12:00am
Repatriation of profit, dividend hits $1.21 billion mark

Repatriation of profit, dividend hits $1.21 billion mark

Foreign investors repatriated some $1.21 billion on account of profit and dividend during the last fiscal year (FY14). The repatriated amount is some 13 percent or $136 million higher than the previous year (FY13), in which some $1.078 billion were transf
Published 01 Aug, 2014 12:00am
EU formally adopts Russia sanctions

EU formally adopts Russia sanctions

The European Union formally adopted broad economic sanctions against Russia on Thursday, hoping they will force Moscow to reverse course on the Ukraine crisis. They were published in the EU's Official Journal late in the day, meaning that they will come i
Published 01 Aug, 2014 12:00am
EU formally adopts Russia sanctions

EU formally adopts Russia sanctions

The European Union formally adopted broad economic sanctions against Russia on Thursday, hoping they will force Moscow to reverse course on the Ukraine crisis. They were published in the EU's Official Journal late in the day, meaning that they will come i
Published 01 Aug, 2014 12:00am
India resorts to unprovoked firing at LoC

India resorts to unprovoked firing at LoC

Indian troops resorted to unprovoked firing on Thursday morning across the Line of Control (LoC) in Gultri sector near Astore (Gilgit-Baltistan), according to a statement released by the Inter-Services Public Relations (ISPR). This is for the first time t
Published 01 Aug, 2014 12:00am
India resorts to unprovoked firing at LoC

India resorts to unprovoked firing at LoC

Indian troops resorted to unprovoked firing on Thursday morning across the Line of Control (LoC) in Gultri sector near Astore (Gilgit-Baltistan), according to a statement released by the Inter-Services Public Relations (ISPR). This is for the first time t
Published 01 Aug, 2014 12:00am
Nato unprepared for Russian attack: UK lawmakers

Nato unprepared for Russian attack: UK lawmakers

Nato is not ready to deal with a military attack by Russia on a member state and must adjust to the unconventional tactics seen in Ukraine, British lawmakers warned Thursday. The conflict in eastern Ukraine was a "wake-up call" for the 28-nation alliance,
Published 01 Aug, 2014 12:00am
Democracy only solution to crises: Nawaz

Democracy only solution to crises: Nawaz

Prime Minister Nawaz Sharif has said democracy is the only solution of Pakistan's crises. He said this in an interview at Jeddah Airport before departure for Pakistan. He said people of Pakistan voted in favour of democracy in 2013 elections. He said the
Published 01 Aug, 2014 12:00am
Democracy only solution to crises: Nawaz

Democracy only solution to crises: Nawaz

Prime Minister Nawaz Sharif has said democracy is the only solution of Pakistan's crises. He said this in an interview at Jeddah Airport before departure for Pakistan. He said people of Pakistan voted in favour of democracy in 2013 elections. He said the
Published 01 Aug, 2014 12:00am
Suspected banking deals: Finance Division and FMU collecting data

Suspected banking deals: Finance Division and FMU collecting data

Finance Division and Financial Monitoring Unit (FMU) are collecting data including feedback/statistics on Suspicious Transaction Reports (STRs) disseminated to law enforcement agencies to check any suspected banking transactions involving money laundering
Published 01 Aug, 2014 12:00am
Suspected banking deals: Finance Division and FMU collecting data

Suspected banking deals: Finance Division and FMU collecting data

Finance Division and Financial Monitoring Unit (FMU) are collecting data including feedback/statistics on Suspicious Transaction Reports (STRs) disseminated to law enforcement agencies to check any suspected banking transactions involving money laundering
Published 01 Aug, 2014 12:00am
Suspected banking deals: Finance Division and FMU collecting data

Suspected banking deals: Finance Division and FMU collecting data

Finance Division and Financial Monitoring Unit (FMU) are collecting data including feedback/statistics on Suspicious Transaction Reports (STRs) disseminated to law enforcement agencies to check any suspected banking transactions involving money laundering
Published 01 Aug, 2014 12:00am
US will do everything to encourage Pak-India ties: Kerry

US will do everything to encourage Pak-India ties: Kerry

US Secretary of State John Kerry has pledged Washington's full support for improvement in Pakistan-India relations in the interest of two South Asian neighbours as well as regional stability and prosperity. Speaking on the eve of US-India Strategic Dialog
Published 01 Aug, 2014 12:00am
US will do everything to encourage Pak-India ties: Kerry

US will do everything to encourage Pak-India ties: Kerry

US Secretary of State John Kerry has pledged Washington's full support for improvement in Pakistan-India relations in the interest of two South Asian neighbours as well as regional stability and prosperity. Speaking on the eve of US-India Strategic Dialog
Published 01 Aug, 2014 12:00am
Shah questions Nisar's loyalty with Nawaz

Shah questions Nisar's loyalty with Nawaz

Opposition Leader in the National Assembly Syed Khurshid Shah has said the loyalty of Interior Minister Chaudhry Nisar Ali Khan with Prime Minister Nawaz Sharif is doubtful in his eyes. He accused Chaudhry Nisar of spoiling the matters with his statements
Published 01 Aug, 2014 12:00am
Shah questions Nisar's loyalty with Nawaz

Shah questions Nisar's loyalty with Nawaz

Opposition Leader in the National Assembly Syed Khurshid Shah has said the loyalty of Interior Minister Chaudhry Nisar Ali Khan with Prime Minister Nawaz Sharif is doubtful in his eyes. He accused Chaudhry Nisar of spoiling the matters with his statements
Published 01 Aug, 2014 12:00am
Swiss banks: Dar vows to bring back $200 billion

Swiss banks: Dar vows to bring back $200 billion

Finance Minister Ishaq Dar has said that talks will be held with Swiss government in August to bring back $200 billion to Pakistan from Switzerland. In a statement, Dar said talks would be held in several phases and it could take three to four years to br
Published 01 Aug, 2014 12:00am
Swiss banks: Dar vows to bring back $200 billion

Swiss banks: Dar vows to bring back $200 billion

Finance Minister Ishaq Dar has said that talks will be held with Swiss government in August to bring back $200 billion to Pakistan from Switzerland. In a statement, Dar said talks would be held in several phases and it could take three to four years to br
Published 01 Aug, 2014 12:00am
Swiss banks: Dar vows to bring back $200 billion

Swiss banks: Dar vows to bring back $200 billion

Finance Minister Ishaq Dar has said that talks will be held with Swiss government in August to bring back $200 billion to Pakistan from Switzerland. In a statement, Dar said talks would be held in several phases and it could take three to four years to br
Published 01 Aug, 2014 12:00am
Argentina defaults but investors see deal possible eventually

Argentina defaults but investors see deal possible eventually

Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, as focus turned to whether big banks and funds would request the declaration of a "credit event". After a long legal battle with hed
Published 01 Aug, 2014 12:00am
Argentina defaults but investors see deal possible eventually

Argentina defaults but investors see deal possible eventually

Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, as focus turned to whether big banks and funds would request the declaration of a "credit event". After a long legal battle with hed
Published 01 Aug, 2014 12:00am
Argentina defaults but investors see deal possible eventually

Argentina defaults but investors see deal possible eventually

Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, as focus turned to whether big banks and funds would request the declaration of a "credit event". After a long legal battle with hed
Published 01 Aug, 2014 12:00am
Argentina defaults but investors see deal possible eventually

Argentina defaults but investors see deal possible eventually

Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, as focus turned to whether big banks and funds would request the declaration of a "credit event". After a long legal battle with hed
Published 01 Aug, 2014 12:00am
US House of Representatives votes to sue Obama

US House of Representatives votes to sue Obama

The Republican-led House of Representatives voted Wed-nesday to sue President Barack Obama for allegedly overstepping his powers, a move swiftly denounced by his Democratic allies as a cynical election-year stunt. By a party-line vote of 225 to 201, the H
Published 01 Aug, 2014 12:00am
US House of Representatives votes to sue Obama

US House of Representatives votes to sue Obama

The Republican-led House of Representatives voted Wed-nesday to sue President Barack Obama for allegedly overstepping his powers, a move swiftly denounced by his Democratic allies as a cynical election-year stunt. By a party-line vote of 225 to 201, the H
Published 01 Aug, 2014 12:00am
Yukos shareholders score new victory over Moscow in Europe court

Yukos shareholders score new victory over Moscow in Europe court

The European Court of Human Rights on Thursday ordered Russia to pay former shareholders in defunct oil giant Yukos almost 1.9 billion euros ($2.5 billion), the largest-ever award by the court. The ruling comes just days after an international arbitration
Published 01 Aug, 2014 12:00am
Yukos shareholders score new victory over Moscow in Europe court

Yukos shareholders score new victory over Moscow in Europe court

The European Court of Human Rights on Thursday ordered Russia to pay former shareholders in defunct oil giant Yukos almost 1.9 billion euros ($2.5 billion), the largest-ever award by the court. The ruling comes just days after an international arbitration
Published 01 Aug, 2014 12:00am
Yukos shareholders score new victory over Moscow in Europe court

Yukos shareholders score new victory over Moscow in Europe court

The European Court of Human Rights on Thursday ordered Russia to pay former shareholders in defunct oil giant Yukos almost 1.9 billion euros ($2.5 billion), the largest-ever award by the court. The ruling comes just days after an international arbitration
Published 01 Aug, 2014 12:00am
Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate edging down while softer prices raised question marks over consumer demand, clouding the outlook. Analysts said the jobs data was welcome but when se
Published 01 Aug, 2014 12:00am
Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate edging down while softer prices raised question marks over consumer demand, clouding the outlook. Analysts said the jobs data was welcome but when se
Published 01 Aug, 2014 12:00am
Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate edging down while softer prices raised question marks over consumer demand, clouding the outlook. Analysts said the jobs data was welcome but when se
Published 01 Aug, 2014 12:00am
US moot explores ways to overcome energy shortages

US moot explores ways to overcome energy shortages

Pakistan''s energy crisis could best be addressed through a holistic approach integrating immediate improvement in current generation and supply systems with judiciously planned exploitation of diverse sources, top experts emphasised at a one-day conferen
Published 01 Aug, 2014 12:00am
US moot explores ways to overcome energy shortages

US moot explores ways to overcome energy shortages

Pakistan's energy crisis could best be addressed through a holistic approach integrating immediate improvement in current generation and supply systems with judiciously planned exploitation of diverse sources, top experts emphasised at a one-day conferenc
Published 01 Aug, 2014 12:00am
US moot explores ways to overcome energy shortages

US moot explores ways to overcome energy shortages

Pakistan's energy crisis could best be addressed through a holistic approach integrating immediate improvement in current generation and supply systems with judiciously planned exploitation of diverse sources, top experts emphasised at a one-day conferenc
Published 01 Aug, 2014 12:00am
Turkish Prime Minister slams Israel for 'Hitler-like fascism'

Turkish Prime Minister slams Israel for 'Hitler-like fascism'

Turkish Prime Minister Recep Tayyip Erdogan on Thursday launched one of his strongest attacks yet on Israel over its offensive in the Gaza Strip, accusing the Jewish state of showing "Hitler-like fascism" against the Palestinians. Speaking at a mass rally
Published 01 Aug, 2014 12:00am
Turkish Prime Minister slams Israel for 'Hitler-like fascism'

Turkish Prime Minister slams Israel for 'Hitler-like fascism'

Turkish Prime Minister Recep Tayyip Erdogan on Thursday launched one of his strongest attacks yet on Israel over its offensive in the Gaza Strip, accusing the Jewish state of showing "Hitler-like fascism" against the Palestinians. Speaking at a mass rally
Published 01 Aug, 2014 12:00am
UN for humanitarian pauses in Gaza

UN for humanitarian pauses in Gaza

The UN Security Council on Thursday called for humanitarian pauses in Gaza and renewed an appeal for an immediate cease-fire between Israel and Hamas amid alarm over the fate of civilians. The 15 members of the panel expressed "grave disappointment" that
Published 01 Aug, 2014 12:00am
UN for humanitarian pauses in Gaza

UN for humanitarian pauses in Gaza

The UN Security Council on Thursday called for humanitarian pauses in Gaza and renewed an appeal for an immediate cease-fire between Israel and Hamas amid alarm over the fate of civilians. The 15 members of the panel expressed "grave disappointment" that
Published 01 Aug, 2014 12:00am
Troops beat back rebel attack at Afghan border

Troops beat back rebel attack at Afghan border

At least six militants were killed when military thwarted an attack on its check posts near the Afghan border, officials said Wednesday. "About 70 to 80 terrorists physically attacked the posts, six terrorists were killed and nine injured due to an effect
Published 01 Aug, 2014 12:00am
Troops beat back rebel attack at Afghan border

Troops beat back rebel attack at Afghan border

At least six militants were killed when military thwarted an attack on its check posts near the Afghan border, officials said Wednesday. "About 70 to 80 terrorists physically attacked the posts, six terrorists were killed and nine injured due to an effect
Published 01 Aug, 2014 12:00am
23 drown in rough seas as people defy ban

23 drown in rough seas as people defy ban

At least 23 bodies of ill-fated picnickers drowned in Clifton Beach in the Sea View area on the second day of Eid-ul-Fitr, were recovered after hours long rescue operation on Thursday. According to police and rescue sources, the tragic incident occurred w
Published 01 Aug, 2014 12:00am
23 drown in rough seas as people defy ban

23 drown in rough seas as people defy ban

At least 23 bodies of ill-fated picnickers drowned in Clifton Beach in the Sea View area on the second day of Eid-ul-Fitr, were recovered after hours long rescue operation on Thursday. According to police and rescue sources, the tragic incident occurred w
Published 01 Aug, 2014 12:00am
The Weather

The Weather

The weather report on Thursday (July 31, 2014) and the forecast for Friday (August 01, 2014).

Published 01 Aug, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (July 31, 2014).

Published 01 Aug, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 01 Aug, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 01 Aug, 2014 12:00am
Fed nods to firmer prices yet still focused on labour weakness

Fed nods to firmer prices yet still focused on labour weakness

The Federal Reserve on Wednesday reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the US economy and expressed some comfort that inflation was moving up toward its target. After a two-day meeting, Fed policymaker
Published 01 Aug, 2014 12:00am
Japan must hike sales taxes again to conquer debt: IMF

Japan must hike sales taxes again to conquer debt: IMF

Japan must raise its sales tax again to conquer one of the world's heaviest public debt burdens, the International Monetary Fund said Thursday, as it called for deep economic reforms. The recommendations, outlined in the Washington-based fund's annual cou
Published 01 Aug, 2014 12:00am
AmEx profit rises nine percent

AmEx profit rises nine percent

American Express Co reported a 9 percent rise in second-quarter profit as more customers used its credit cards in a recovering US economy. Card member spending rose 9 percent globally to $258 billion, after adjusting for foreign currency, compared to 7 pe
Published 01 Aug, 2014 12:00am
AmEx profit rises nine percent

AmEx profit rises nine percent

American Express Co reported a 9 percent rise in second-quarter profit as more customers used its credit cards in a recovering US economy. Card member spending rose 9 percent globally to $258 billion, after adjusting for foreign currency, compared to 7 pe
Published 01 Aug, 2014 12:00am
Wage growth picking up

Wage growth picking up

US labour costs recorded their biggest gain in more than 5-1/2 years in the second quarter and a gauge of trends in the jobs market fell to an eight-year low last week, bolstering the economy's outlook. Though economists cautioned against reading too much
Published 01 Aug, 2014 12:00am
US economy back on track with strong second quarter rebound

US economy back on track with strong second quarter rebound

The US economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the year on solid footing. Gross domestic product expanded at a 4.0 percent annual rate after shrinking at
Published 01 Aug, 2014 12:00am
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