AIRLINK 155.20 Increased By ▲ 0.32 (0.21%)
BOP 9.96 No Change ▼ 0.00 (0%)
CNERGY 7.26 Decreased By ▼ -0.07 (-0.95%)
CPHL 82.50 Increased By ▲ 4.26 (5.44%)
FCCL 48.95 Increased By ▲ 1.42 (2.99%)
FFL 14.67 Increased By ▲ 0.18 (1.24%)
FLYNG 44.96 Increased By ▲ 4.09 (10.01%)
HUBC 139.75 Increased By ▲ 1.04 (0.75%)
HUMNL 12.70 Decreased By ▼ -0.23 (-1.78%)
KEL 4.32 Decreased By ▼ -0.02 (-0.46%)
KOSM 5.21 Increased By ▲ 0.05 (0.97%)
MLCF 76.84 Increased By ▲ 0.92 (1.21%)
OGDC 213.75 Decreased By ▼ -4.91 (-2.25%)
PACE 5.18 Decreased By ▼ -0.05 (-0.96%)
PAEL 45.46 Increased By ▲ 0.16 (0.35%)
PIAHCLA 15.99 Increased By ▲ 1.19 (8.04%)
PIBTL 8.60 Decreased By ▼ -0.04 (-0.46%)
POWER 15.19 Increased By ▲ 0.06 (0.4%)
PPL 166.90 Decreased By ▼ -1.13 (-0.67%)
PRL 30.20 Increased By ▲ 0.65 (2.2%)
PTC 20.43 Increased By ▲ 0.30 (1.49%)
SEARL 85.60 Increased By ▲ 3.03 (3.67%)
SSGC 34.90 Increased By ▲ 2.11 (6.43%)
SYM 14.95 Increased By ▲ 0.72 (5.06%)
TELE 7.22 Increased By ▲ 0.23 (3.29%)
TPLP 8.28 Increased By ▲ 0.02 (0.24%)
TRG 64.59 Increased By ▲ 1.30 (2.05%)
WAVESAPP 9.08 Increased By ▲ 0.03 (0.33%)
WTL 1.26 No Change ▼ 0.00 (0%)
YOUW 3.60 Decreased By ▼ -0.01 (-0.28%)
AIRLINK 155.20 Increased By ▲ 0.32 (0.21%)
BOP 9.96 No Change ▼ 0.00 (0%)
CNERGY 7.26 Decreased By ▼ -0.07 (-0.95%)
CPHL 82.50 Increased By ▲ 4.26 (5.44%)
FCCL 48.95 Increased By ▲ 1.42 (2.99%)
FFL 14.67 Increased By ▲ 0.18 (1.24%)
FLYNG 44.96 Increased By ▲ 4.09 (10.01%)
HUBC 139.75 Increased By ▲ 1.04 (0.75%)
HUMNL 12.70 Decreased By ▼ -0.23 (-1.78%)
KEL 4.32 Decreased By ▼ -0.02 (-0.46%)
KOSM 5.21 Increased By ▲ 0.05 (0.97%)
MLCF 76.84 Increased By ▲ 0.92 (1.21%)
OGDC 213.75 Decreased By ▼ -4.91 (-2.25%)
PACE 5.18 Decreased By ▼ -0.05 (-0.96%)
PAEL 45.46 Increased By ▲ 0.16 (0.35%)
PIAHCLA 15.99 Increased By ▲ 1.19 (8.04%)
PIBTL 8.60 Decreased By ▼ -0.04 (-0.46%)
POWER 15.19 Increased By ▲ 0.06 (0.4%)
PPL 166.90 Decreased By ▼ -1.13 (-0.67%)
PRL 30.20 Increased By ▲ 0.65 (2.2%)
PTC 20.43 Increased By ▲ 0.30 (1.49%)
SEARL 85.60 Increased By ▲ 3.03 (3.67%)
SSGC 34.90 Increased By ▲ 2.11 (6.43%)
SYM 14.95 Increased By ▲ 0.72 (5.06%)
TELE 7.22 Increased By ▲ 0.23 (3.29%)
TPLP 8.28 Increased By ▲ 0.02 (0.24%)
TRG 64.59 Increased By ▲ 1.30 (2.05%)
WAVESAPP 9.08 Increased By ▲ 0.03 (0.33%)
WTL 1.26 No Change ▼ 0.00 (0%)
YOUW 3.60 Decreased By ▼ -0.01 (-0.28%)
BR100 12,742 Increased By 98.6 (0.78%)
BR30 37,423 Increased By 130 (0.35%)
KSE100 118,876 Increased By 300.3 (0.25%)
KSE30 36,436 Increased By 134.6 (0.37%)
Print - 2014-08-08
Global growth to slow as populations age: Moody's

Global growth to slow as populations age: Moody's

As populations age around the world, economies will be held back and growth trends will slow sharply in the next 20 years, a report forecast on Thursday. The mismatch of old people to the numbers of people at work is no longer a shadow only over advanced
Published 08 Aug, 2014 12:00am
Portugal cuts state bailout for BES to 3.9 billion euros

Portugal cuts state bailout for BES to 3.9 billion euros

Lisbon will cut its bailout for stricken Portuguese lender Banco Espirito Santo to 3.9 billion euros thanks to contributions from the financial sector, Finance Minister Maria Luis Albuquerque said Thursday. The state had initially pledged 4.4 billion euro
Published 08 Aug, 2014 12:00am
Mobile, bike snatching cases on the rise in Gulistan-e-Johar

Mobile, bike snatching cases on the rise in Gulistan-e-Johar

Officials of Pakistan Standards and Quality Control Authority's (PSQCA's) Laboratory are nowadays highly perturbed over increasing incidents of street crimes in the vicinity of their Gulistan-e-Johar's office. According to the PSQCA's officials, the incid
Published 08 Aug, 2014 12:00am
WTO confirms China rare earth trade limits break rules

WTO confirms China rare earth trade limits break rules

The World Trade Organisation on Thursday upheld its ruling that China had violated global trade rules by restricting exports of rare earths, used in hi-tech goods like mobile phones and televisions. Beijing had appealed a decision by a WTO panel in March
Published 08 Aug, 2014 12:00am
The Weather

The Weather

The weather report on Thursday (August 07, 2014) and the forecast for Friday (August 08, 2014).

Published 08 Aug, 2014 12:00am
WTO confirms China rare earth trade limits break rules

WTO confirms China rare earth trade limits break rules

The World Trade Organisation on Thursday upheld its ruling that China had violated global trade rules by restricting exports of rare earths, used in hi-tech goods like mobile phones and televisions. Beijing had appealed a decision by a WTO panel in March
Published 08 Aug, 2014 12:00am
DVD played in courtroom: Defence challenges veracity

DVD played in courtroom: Defence challenges veracity

A special court trying former army chief and President Pervez Musharraf under Article 6 of the Constitution on Thursday accepted a plea of defendant's counsel for more time, and adjourned the hearing of case till August 12. On August 6, 2014, a three-memb
Published 08 Aug, 2014 12:00am
DVD played in courtroom: Defence challenges veracity

DVD played in courtroom: Defence challenges veracity

A special court trying former army chief and President Pervez Musharraf under Article 6 of the Constitution on Thursday accepted a plea of defendant's counsel for more time, and adjourned the hearing of case till August 12. On August 6, 2014, a three-memb
Published 08 Aug, 2014 12:00am
Tensions flare as Gaza truce deadline looms

Tensions flare as Gaza truce deadline looms

Fears rose Thursday that the Gaza conflict could resume as a temporary cease-fire entered a final nine-hour stretch and Palestinians accused Israel of stalling at truce talks in Cairo. Israel has said it is ready to extend the 72-hour lull "indefinitely"
Published 08 Aug, 2014 12:00am
Tensions flare as Gaza truce deadline looms

Tensions flare as Gaza truce deadline looms

Fears rose Thursday that the Gaza conflict could resume as a temporary cease-fire entered a final nine-hour stretch and Palestinians accused Israel of stalling at truce talks in Cairo. Israel has said it is ready to extend the 72-hour lull "indefinitely"
Published 08 Aug, 2014 12:00am
Oil prices up on reports US mulling airstrikes on Iraqi militants

Oil prices up on reports US mulling airstrikes on Iraqi militants

Crude oil prices rebounded on Thursday after reports the United States was considering airstrikes on advancing Islamic militants in Iraq revived concerns about supply disruptions from Opec's No 2 oil producer. Brent crude gained 85 cents to settle at $105
Published 08 Aug, 2014 12:00am
US cotton drops as weak agricultural commodities, equities weigh

US cotton drops as weak agricultural commodities, equities weigh

US cotton futures ended slightly lower in quiet trade on Thursday, as broad-based losses in agricultural commodities and equities dampened demand expectations for investors in the fibre market. The most-active December cotton contract on ICE Futures US se
Published 08 Aug, 2014 12:00am
Poor governance

Poor governance

The World Bank in a widely-disseminated report titled Pakistan Country Programme Snapshot April 2014 identified a host of governance challenges that continue to hamper growth in the economy that include "rule of law, security and a legacy of corruption, t
Published 08 Aug, 2014 12:00am
Dire threats

Dire threats

If Imran Khan fears him being placed under house arrest on the eve of his 'Azadi March' he may be rightly concerned. It has been a common practice with law-enforcement agencies since colonial days to detain a leader and/or some of his senior party workers
Published 08 Aug, 2014 12:00am
Surmounting crises

Surmounting crises

Pakistan is in the grip of yet another crisis-this is a recurrent pattern in our history showing weaknesses in the system lacking socio-economic justice, and clash of various conflicting interests keen to capture state power. It confirms that even after 6
Published 08 Aug, 2014 12:00am
Russian food embargo a big blow for EU producers: industry

Russian food embargo a big blow for EU producers: industry

Russia's embargo against food from the European Union will affect 10 percent of the EU's food exports and may cause a crisis of glut in Europe, industry experts said on Thursday. The figures, at face value, mean that Russia's announcement on Thursday of a
Published 08 Aug, 2014 12:00am
Foreign oil firms brace for Mexico comeback

Foreign oil firms brace for Mexico comeback

Foreign energy firms have wanted to return to Mexico since they were kicked out 76 years ago. Now that they have been invited back in, they are cautiously preparing their comeback. Well before Mexico's Congress voted Wednesday to implement historic reform
Published 08 Aug, 2014 12:00am
A new 'Cold War'

A new 'Cold War'

Apropos 'Putin bans imports from imposing sanctions on Russia', on needs to underscore a point that the successor of the then Soviet Union, the Russian Federation, has decided to revive the 'Cold War' that came to an end with the disintegration of Soviet
Published 08 Aug, 2014 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold prices rose early on Thursday, extending the previous session's safe-haven rally, and the metal could gain further after having breached key technical resistance, analysts said. Bullion initially fell as US equities rose after data showed the number
Published 08 Aug, 2014 12:00am
US MIDDAY: wheat drops

US MIDDAY: wheat drops

US wheat futures fell on Thursday, dropping back from a 5-1/2 week high on a round of profit-taking following a six-session rally that had pushed prices up 9.2 percent, traders said. "We came pretty far, pretty fast off our lows," said Chris Robinson, sen
Published 08 Aug, 2014 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold prices stabilised on Thursday after rising more than 1 percent the previous day, as a firmer dollar and a steadier tone to stock markets offset concerns that tensions between Russia and the West over Ukraine could escalate. A build-up of Russian troo
Published 08 Aug, 2014 12:00am
Gold stays up in Asia

Gold stays up in Asia

Gold held on to overnight gains above $1,300 on Thursday, trading near its highest in more than a week as fears of Russian military action against Ukraine and retaliation by Moscow over Western sanctions burnished gold's appeal as a safe haven. Spot gold
Published 08 Aug, 2014 12:00am
Gold rises in New York

Gold rises in New York

Gold rose 1.6 percent on Wednesday on safe-haven buying, triggered by worries there could be an escalation of the military conflict in Ukraine and by a weak undertone in global equities. "It's a safe-haven, flight-to-quality day for gold because of fears
Published 08 Aug, 2014 12:00am
Coffee sinks

Coffee sinks

Arabica coffee futures tumbled more than 3 percent on Thursday, on spreading and liquidating of the spot contract, while raw sugar slipped to a 5-1/2-month low in a volatile session amid sizable world stocks. Cocoa on ICE Futures US inched up to a three-y
Published 08 Aug, 2014 12:00am
Palm oil higher

Palm oil higher

Malaysian palm oil futures ended marginally higher on Thursday, but continued to hover near one-year lows as investors grew cautious ahead of key stocks and output data in the world's second-largest palm grower. The benchmark contract had slid to its lowe
Published 08 Aug, 2014 12:00am
Wheat hits one-month high

Wheat hits one-month high

US wheat rose to a one-month high on Wednesday as renewed political conflict in the Black Sea grain export region and worries about European crop quality prompted investors to cover short positions, traders said. Corn and soyabeans followed wheat higher.
Published 08 Aug, 2014 12:00am
Rubber surges

Rubber surges

Benchmark Tokyo rubber futures ended up nearly 1 percent on Thursday, rising for the first time in five sessions helped by a weaker yen against the dollar. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for January delivery rose 1.5
Published 08 Aug, 2014 12:00am
Copper and nickel rise

Copper and nickel rise

Nickel prices rose to a 1-1/2 week high on Thursday, lifted by the closure of a mine in Papua New Guinea and the prospect that wider Western sanctions against Russia could soon affect the major producer of the metal. Benchmark London Metal Exchange nickel
Published 08 Aug, 2014 12:00am
Shanghai copper recovers

Shanghai copper recovers

The most traded October copper contract on the Shanghai Futures Exchange halved overnight losses to 0.3 percent at 49,840 yuan a tonne on Thursday. "The European economy is now the main concern of the market. That was a key driver behind moves in the meta
Published 08 Aug, 2014 12:00am
Fazl urges US to restrain Israel's aggressive policies

Fazl urges US to restrain Israel's aggressive policies

The Chief of JUI-F, Maulana Fazlur Rahman has said that the US should do more to refrain Israel from pursuing its aggressive policies against the Palestinian people. He was speaking to US Ambassador Richard Olson who met him here on Thursday. In a stateme
Published 08 Aug, 2014 12:00am
Police officers reluctant to perform duties: IGP contradicts reports

Police officers reluctant to perform duties: IGP contradicts reports

Inspector General Police (IGP) Punjab Mushtaq Ahmad Sukhara has contradicted media reports that some police officers are reluctant to perform their duties during the present uncertain and violent political situation. Punjab Police spokesman said here on T
Published 08 Aug, 2014 12:00am
Opposition parties for resolving issues through talks

Opposition parties for resolving issues through talks

Amid growing unrest ahead of Pakistan Tehreek-e-Insaf (PTI) Azadi March, the opposition political parties on Thursday extended full support to the prime minister with the suggestion to resolve the issue through negotiations.
Published 08 Aug, 2014 12:00am
GTF earns acclaim from leading cultural bodies

GTF earns acclaim from leading cultural bodies

George Town Festival (GTF), which runs from August 1-31, once again brings a dazzling array of international and local performances, exhibitions, and creative events that celebrates the arts and positions Penang as one of the ASEAN region's major cultural
Published 08 Aug, 2014 12:00am
Pakistan condemns US drone strike in NW

Pakistan condemns US drone strike in NW

Pakistan on Thursday condemned the latest US drone strike that took place in Datta Khel, in North Waziristan.? The Foreign Office Spokesperson in a statement said "Pakistan regards such strikes as violation of its sovereignty and territorial integrity." T
Published 08 Aug, 2014 12:00am
NAB KP arrests another accused in Workers' Welfare Board scam

NAB KP arrests another accused in Workers' Welfare Board scam

National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Thursday arrested Arsalan Qureshi, Proprietor, Arsalan Stationers, a co-accused and son of accused Abdul Waheed Qureshi, Project Officer, Workers' Welfare Board (WWB) who is already in Centre Jail
Published 08 Aug, 2014 12:00am
K-Electric extends last date for payment of bills

K-Electric extends last date for payment of bills

K-Electric has extended the deadline for payment of electricity bills till August 12 to facilitate its customers. A spokesperson of the company said on Thursday that the last date for payment of the bill which is due between 6th and 11th August both days
Published 08 Aug, 2014 12:00am
Four constituencies: government ready in auditing of votes: Dar

Four constituencies: government ready in auditing of votes: Dar

Federal Minister of Finance, Senator Ishaq Dar on Thursday underlined the need for using modern technology to make the electoral process more transparent. He said that international observer teams, UNDP and FAFEEN had given better reports about the genera
Published 08 Aug, 2014 12:00am
Zardari, Shujaat, Altaf contact Qadri

Zardari, Shujaat, Altaf contact Qadri

Former President Asif Ali Zardari, MQM chief Altaf Hussain, PML-Q head Chaudhry Shujaat Hussain and Chaudhry Pervaiz Elahi on Thursday called PAT chairman Dr Tahirul Qadri to discuss the prevailing political situation and condemned the police crackdown on
Published 08 Aug, 2014 12:00am
Former JI chief Munawar sees deal between Musharraf and government

Former JI chief Munawar sees deal between Musharraf and government

Former Jamaat-i-Islami chief Syed Munawar Hassan said a deal between the government and former military ruler Pervez Musharraf has already been done. It is out of question whether the former president will leave the country or live in to face the cases ag
Published 08 Aug, 2014 12:00am
Chief minister takes notice of polio case

Chief minister takes notice of polio case

Punjab Chief Minister Shahbaz Sharif has taken a serious notice of a report about a polio case reported in Kalar Kahar, Chakwal and sought a report from Advisor Health and Secretary Health Punjab. The chief minister directed that the report be submitted t
Published 08 Aug, 2014 12:00am
Irsa reduces outflows of Mangla dam to 10,000 cusecs

Irsa reduces outflows of Mangla dam to 10,000 cusecs

After substantial decrease in water flows in the rivers Jhelum and Kabul due to below normal rains in the country, the Indus River System Authority (Irsa) reduced water outflow of Mangla dam to 10,000 cusecs on Thursday that is minimum discharge since 200
Published 08 Aug, 2014 12:00am
PAT workers from various cities of south Punjab booked

PAT workers from various cities of south Punjab booked

Police and security agencies in a joint crackdown arrested over 100 Pakistan Awami Tehreek (PAT) workers from different cities of south Punjab including eight workers from Multan and shifted them to Multan central jail on Thursday, police and PAT sources
Published 08 Aug, 2014 12:00am
Shahbaz says protest politics hurting economy

Shahbaz says protest politics hurting economy

Punjab Chief Minister Shahbaz Sharif has said that economic situation of the country has improved while foreign exchange reserves have increased during the one year's tenure of Pakistan Muslim League-Nawaz government. He said that rupee had stabilised aga
Published 08 Aug, 2014 12:00am
LCCI chief for joint approach to get rid of economic mire

LCCI chief for joint approach to get rid of economic mire

Lahore Chamber of Commerce and Industry (LCCI) President Engineer Sohail Lashari on Thursday said collective approach towards economic challenges is a pre-requisite to bring the country out of economic mire. While addressing the oath-taking ceremony of ne
Published 08 Aug, 2014 12:00am
USAID programme helps improve education standards of Pakistani teachers

USAID programme helps improve education standards of Pakistani teachers

Dr Afshan Huma grew up in a household that had high ambitions for her education, but she has now exceeded even her family's expectations. Ten years ago she began to pursue a PhD in Education from the United Kingdom but discontinued it because of a financi
Published 08 Aug, 2014 12:00am
Energy supply to textile industry still under pressure

Energy supply to textile industry still under pressure

Both electricity and gas supply to the textile industry is under pressure, as the NTDC has denied to uninterrupted power supply to mills on independent feeders and the SNGPL has stopped gas supply to captive power plants owing to technical reasons. The te
Published 08 Aug, 2014 12:00am
Pulses' cultivation to be promoted in Punjab

Pulses' cultivation to be promoted in Punjab

Provincial Agriculture Department evolved a comprehensive plan for the promotion of Pulses' Cultivation costing Rs 148.79 million in Punjab. Sources in Agriculture department told Business Recorder on Thursday that the basic concept of the plan is
Published 08 Aug, 2014 12:00am
AML/CFT: extensive consultations with stakeholders conclude

AML/CFT: extensive consultations with stakeholders conclude

The government has carried out two-day extensive consultations with stakeholders to review progress on Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) to brief the Regional Review Group (RRG) of Financial Action Task Force(FATF) visitin
Published 08 Aug, 2014 12:00am
Azadi March: petition referred to LHC CJ for setting up larger bench

Azadi March: petition referred to LHC CJ for setting up larger bench

Justice Khalid Mahmood Khan of the Lahore High Court here on Thursday sent a petition to Chief Justice LHC with a request to constitute of a larger bench for disposal of petitions against "Azadi march" announced by PTI chairman Imran Khan. Earlier, a seni
Published 08 Aug, 2014 12:00am
Azadi March will be held at all cost: PTI Punjab

Azadi March will be held at all cost: PTI Punjab

Pakistan Tehreek-e-Insaf (PTI) Punjab President Ejaz Chaudhary warned if Punjab government used force against the PTI marchers they would retaliate and the 'Azadi March' will be held at all cost. While addressing a press conference here on Thursday, he sa
Published 08 Aug, 2014 12:00am
Petition filed at LHC: Illegal impounding of bikes by police challenged

Petition filed at LHC: Illegal impounding of bikes by police challenged

A petition has been filed before the Lahore High Court against illegal impounding of motorbikes by police, ostensibly to stop youth from participating in Pakistan Tehrik-e-Insaf's Azadi March. The petitioner, vice president PTI lawyers wing, Jawad Mobeen
Published 08 Aug, 2014 12:00am
Early radish variety to be beneficial, claims PAD

Early radish variety to be beneficial, claims PAD

Punjab Agriculture Department (PAD) has claimed that early radish variety developed by Ayub Agricultural Research Institute (AARI) Faisalabad, which gets matured in 40 days, can be proved very beneficial for the growers as it can be made available for dom
Published 08 Aug, 2014 12:00am
AJIP decides to participate in 'Azadi march'

AJIP decides to participate in 'Azadi march'

After holding several meeting sessions with allies parties, Pakistan Tehreek-e-Insaf and Jamaat-i-Islami in government of Khyber Pakhtunkhwa, Awami Jamhoori Ittehad Pakistan (AJIP) has fully backed the call of the PTI 'Azadi march,' and decided its party
Published 08 Aug, 2014 12:00am
PARC's BoG approves Rs 3.59 billion budget for fiscal year 2015

PARC's BoG approves Rs 3.59 billion budget for fiscal year 2015

Pakistan Agriculture Research Council (PARC) Board of Governors (BoG) has approved Rs 3.59 billion for the current financial year 2014-15 budget that include Rs 2,415 million to meet development and non-development expenditures. An official said that out
Published 08 Aug, 2014 12:00am
ANP to oppose unconstitutional moves: Iftikhar

ANP to oppose unconstitutional moves: Iftikhar

General Secretary, Awami National Party (ANP) and former Information Minister, Mian Iftikhar Hussain said on Thursday that ANP being a political party strongly supports the democratic system and unconstitutional moves to topple the present elected governm
Published 08 Aug, 2014 12:00am
PFMA KP announces election schedule

PFMA KP announces election schedule

Pakistan Flour Mills Association (PFMA) Khyber Pakhtunkhwa chapter, here on Thursday announced election schedule under which polling would be held on September 1. Malik Iftikhar Ahmed Awan was unanimously elected as Election Commissioner while Bagi Jan an
Published 08 Aug, 2014 12:00am
Pakistan slams UN's inaction on Gaza massacre

Pakistan slams UN's inaction on Gaza massacre

Pakistan on Wednesday criticised the UN General Assembly's inaction on Gaza, saying the Israeli military assaults had "wrecked and ravaged" the small enclave and left 1,800 Palestinians dead and thousands more wounded. "Most of Gaza is a wasteland," Ambas
Published 08 Aug, 2014 12:00am
Pakistan to hand over captured Indian soldier today

Pakistan to hand over captured Indian soldier today

Pakistani authorities on Thursday assured their Indian counterparts that an Indian soldier, who was captured in their territory after being swept away by a strong current of the Chenab river in Jammu and Kashmir, will be handed back today (Friday).
Published 08 Aug, 2014 12:00am
Ufone's BVS reaches 200 cities

Ufone's BVS reaches 200 cities

Under the directives issued by the Pakistan Telecommunication Authority (PTA), Ufone's deployment of the Biometric Verification System (BVS) for issuance/activation or change of SIMs has now reached to over 200 cities. The move has been made to comply wit
Published 08 Aug, 2014 12:00am
'Dilip Kumar's house declared protected heritage site'

'Dilip Kumar's house declared protected heritage site'

The house of legendary Indian actor, Dilip Kumar, located near historic Qissa Khawani Bazaar, has been declared as a protected monument under the Khyber-Pakhtunkhwa Antiquities Act of 1997 and Land Acquisition Act of 1895. "In this regard, a notification
Published 08 Aug, 2014 12:00am
Pakistan committed to improving engagements with Central Asia: Sartaj

Pakistan committed to improving engagements with Central Asia: Sartaj

Adviser to Prime Minister on National Security and Foreign Affairs Sartaj Aziz on Thursday said Pakistan was committed to comprehensively deepen its engagements with Central Asia, which formed a vital part of its extended neighbourhood. Addressing Pakista
Published 08 Aug, 2014 12:00am
Iranian CG meets Shahbaz

Iranian CG meets Shahbaz

Iranian Consul General Muhammad Husain Bani Asadi met Punjab Chief Minister Muhammad Shahbaz Sharif here on Thursday. Matters of mutual interest and bilateral co-operation came under discussion during the meeting. The Chief Minister said Pakistan attaches
Published 08 Aug, 2014 12:00am
SRB collects Rs 3.23 billion of ST in July

SRB collects Rs 3.23 billion of ST in July

Sindh Revenue Board (SRB) achieved another milestone by collecting Sindh sales tax of Rs 3.236 billion during July 2014, which represents the highest-ever collection during any July of the previous three years since SRB started collecting this tax from Ju
Published 08 Aug, 2014 12:00am
Woman among four killed in city violence

Woman among four killed in city violence

At least four people including a woman were killed in separate incidents of violence, here on Wednesday. According to police and rescue sources, two persons Taufeeq and Arif were shot and killed by unknown persons near Garden police station. SHO Imdad Ali
Published 08 Aug, 2014 12:00am
Efforts on to overcome gas theft incidents: SSGC chief

Efforts on to overcome gas theft incidents: SSGC chief

Sui Southern Gas Company's (SSGC) Chairman Miftah Ismail has said that the SSGC was making all possible efforts to overcome incidents of gas theft. The SSGC chief was talking to a representative delegation of industrial associations which met him to discu
Published 08 Aug, 2014 12:00am
Early trade in New York: euro drops after ECB holds rates unchanged

Early trade in New York: euro drops after ECB holds rates unchanged

The euro weakened on Thursday, undermined by the European Central Bank's saying it would leave interest rates unchanged at record lows and that the fragile economic recovery will keep the loose policy in place for an extended period. The ECB's decision wa
Published 08 Aug, 2014 12:00am
Ebola sparks states of emergency across west Africa

Ebola sparks states of emergency across west Africa

Overwhelmed west African nations called states of emergency on Thursday with the death toll from the Ebola epidemic nearing 1,000, as the World Health Organisation considers global travel restrictions to halt its spread. Soldiers in Liberia's Grand Cape M
Published 08 Aug, 2014 12:00am
Prince William returning to the skies

Prince William returning to the skies

Britain's Prince William is to get back behind the controls of a helicopter and become an air ambulance pilot, his office announced on Thursday. William, the Duke of Cambridge, is to be based in at Cambridge airport, responding to emergencies ranging from
Published 08 Aug, 2014 12:00am
Switzerland urges revision of European asylum rules

Switzerland urges revision of European asylum rules

A growing flood of migrants arriving in southern Europe is raising questions about the continent's system for dealing with asylum seekers, Swiss Justice Minister Simonetta Sommaruga said Thursday. The Dublin Convention, which requires migrants to claim as
Published 08 Aug, 2014 12:00am
Pakistan take charge of Galle Test

Pakistan take charge of Galle Test

Younis Khan smashed 177 during a valiant fightback with the lower order batsmen as Pakistan gained the upper hand in the first Test against Sri Lanka in Galle on Thursday. Khan, who came in to bat at 19-2 on the first morning, anchored the innings admirab
Published 08 Aug, 2014 12:00am
Broad leads England rout of India

Broad leads England rout of India

Stuart Broad took six wickets as India were bowled out for just 152 before tea on the first day of the fourth Test against England at Old Trafford on Thursday. Broad finished with figures of six for 25 in 13.4 overs, his third-best innings return in Tests
Published 08 Aug, 2014 12:00am
Petition targets Italy football federation hopeful

Petition targets Italy football federation hopeful

Tens of thousands of people have signed a petition calling for scandal-plagued Carlo Tavecchio to step down as a candidate for president of the Italian football federation over his racist remarks. "We have already gathered 26,600 signatures which will be
Published 08 Aug, 2014 12:00am
David Luiz focused on PSG future after World Cup trauma

David Luiz focused on PSG future after World Cup trauma

Brazil defender David Luiz insisted he was over his World Cup heartbreak as he was unveiled as a new Paris Saint-Germain player at a plush hotel in the French capital on Thursday. "The days immediately after were very difficult. Obviously when you fail to
Published 08 Aug, 2014 12:00am
Israel stripped of Davis Cup home tie

Israel stripped of Davis Cup home tie

Israel will not be allowed to stage the Davis Cup World Group tie against Argentina in Tel Aviv in September because of the conflict between Israel and Hamas, tournament chiefs said Thursday. The tie, set for September 12-14 at the Nokia Arena in Tel Aviv
Published 08 Aug, 2014 12:00am
Lorenzo signs new two-year Yamaha deal

Lorenzo signs new two-year Yamaha deal

Former double world champion Jorge Lorenzo on Thursday signed a new two-year deal with Yamaha which will keep him at the team until 2016. The 27-year-old Spaniard joins team-mate Valentino Rossi in committing himself to Yamaha after the veteran Italian al
Published 08 Aug, 2014 12:00am
Serena, Sharapova and Kerber advance in Montreal

Serena, Sharapova and Kerber advance in Montreal

Even a rain delay barely slowed defending champion Serena Williams in her 6-0, 6-2 progress past Samantha Stosur Wednesday at the WTA hardcourt tournament at Montreal. Williams, the world number one and top seed, had seized the first set and they were kno
Published 08 Aug, 2014 12:00am
Dooley freezes out rebel Philippine players

Dooley freezes out rebel Philippine players

American coach Thomas Dooley on Thursday kicked out a European-based mainstay of the Philippines' national football team and left the future of two other players in doubt following a highly public social media spat. Midfielder Stephan Schrock and fellow m
Published 08 Aug, 2014 12:00am
Westwood shares PGA lead

Westwood shares PGA lead

Britain's Lee Westwood birdied his last four holes, the final stroke a masterful 40-foot birdie putt, to grab a share of the first-round lead Thursday at the PGA Championship. The 41-year-old Englishman, eight times a top-three finisher in a major but yet
Published 08 Aug, 2014 12:00am
Australia dollar dips

Australia dollar dips

The Australia dollar tumbled on Thursday after a surprisingly weak jobs report cast doubt on market perceptions the Reserve Bank of Australia was done cutting rates. The Australian dollar slipped more than half a cent to $0.9283, nearing a two-month troug
Published 08 Aug, 2014 12:00am
Sterling gains against euro

Sterling gains against euro

Sterling inched up against the euro on Thursday after European Central Bank President Mario Draghi said fundamentals favoured a weaker euro and stressed the effect of geopolitical tensions on the euro zone. Speaking after a meeting where the central bank
Published 08 Aug, 2014 12:00am
Most emerging Asian currencies slip

Most emerging Asian currencies slip

Most emerging Asian currencies slid on Thursday as growing tensions over Ukraine and surprisingly weak Australia's job data hurt risk sentiment, while the Chinese yuan extended gains, helping units in Northeast Asia pare some losses. The Philippine peso h
Published 08 Aug, 2014 12:00am
Indian rupee rebounds

Indian rupee rebounds

The Indian rupee recovered after hitting a near five-month low on Thursday, aided by dollar sales by the central bank, but movements in other Asian currencies and the global geo-political situation will remain key to its movement in the near-term. The Res
Published 08 Aug, 2014 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 77.48-77.50 (previous 77.50-77.50). Call Money Rates: 06.00-08.00 percent (* previous 05.25-08.00 percent). (*revised).
Published 08 Aug, 2014 12:00am
Dollar falls in New York

Dollar falls in New York

The US dollar slipped on Wednesday, recoiling from a nine-month high against the euro in thin volumes that traders and analysts said exaggerated a round of profit taking. In the last six weeks, the dollar has been on a tear, racking up gains on the back o
Published 08 Aug, 2014 12:00am
Wall Street ends near flat

Wall Street ends near flat

Major US stock indexes ended little changed on Wednesday, as tensions in Ukraine and Russia and a failed merger between Sprint and T-Mobile offset gains in consumer staples shares. An initial selloff took the S&P 500 to its 100-day moving average, but by
Published 08 Aug, 2014 12:00am
Tokyo stocks soar

Tokyo stocks soar

Tokyo stocks closed 0.48 percent higher on Thursday as late bargain-hunting dragged the Japanese market out of negative territory and snapped a five-day losing streak. The Nikkei 225 index rose 72.58 points to finish at 15,232.37, while the Topix index of
Published 08 Aug, 2014 12:00am
Thursday's midday trade: stocks fall in choppy trading

Thursday's midday trade: stocks fall in choppy trading

US stocks fell in choppy trading on Thursday as a sanctions confrontation between Russia and the West kept traders eager to cash any gains. The S&P 500 had risen as much as 0.45 percent on the back of some strong earnings and a surprise tick lower in appl
Published 08 Aug, 2014 12:00am