AGL 38.18 Decreased By ▼ -0.22 (-0.57%)
AIRLINK 142.98 Increased By ▲ 7.98 (5.91%)
BOP 5.07 Decreased By ▼ -0.02 (-0.39%)
CNERGY 3.77 Decreased By ▼ -0.02 (-0.53%)
DCL 7.56 Decreased By ▼ -0.03 (-0.4%)
DFML 44.48 Increased By ▲ 0.03 (0.07%)
DGKC 76.25 Decreased By ▼ -1.15 (-1.49%)
FCCL 26.95 Increased By ▲ 0.07 (0.26%)
FFBL 52.00 Decreased By ▼ -0.97 (-1.83%)
FFL 8.52 Decreased By ▼ -0.02 (-0.23%)
HUBC 125.51 Increased By ▲ 1.71 (1.38%)
HUMNL 9.99 Increased By ▲ 0.05 (0.5%)
KEL 3.74 Increased By ▲ 0.01 (0.27%)
KOSM 8.15 Increased By ▲ 0.07 (0.87%)
MLCF 34.75 Increased By ▲ 1.05 (3.12%)
NBP 58.71 Increased By ▲ 0.22 (0.38%)
OGDC 154.50 Increased By ▲ 4.55 (3.03%)
PAEL 25.15 Increased By ▲ 0.45 (1.82%)
PIBTL 5.93 Increased By ▲ 0.08 (1.37%)
PPL 118.31 Increased By ▲ 6.66 (5.97%)
PRL 24.38 Increased By ▲ 0.48 (2.01%)
PTC 12.00 Decreased By ▼ -0.10 (-0.83%)
SEARL 56.00 Decreased By ▼ -0.89 (-1.56%)
TELE 7.05 Increased By ▲ 0.05 (0.71%)
TOMCL 34.99 Decreased By ▼ -0.16 (-0.46%)
TPLP 6.98 Decreased By ▼ -0.07 (-0.99%)
TREET 13.98 Decreased By ▼ -0.18 (-1.27%)
TRG 46.10 Decreased By ▼ -0.13 (-0.28%)
UNITY 26.00 Decreased By ▼ -0.08 (-0.31%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 8,822 Increased By 86.7 (0.99%)
BR30 26,723 Increased By 466.7 (1.78%)
KSE100 83,532 Increased By 810.2 (0.98%)
KSE30 26,710 Increased By 328 (1.24%)
Print - 2014-08-17
'PJMA providing jobs to 125,000 workers'

'PJMA providing jobs to 125,000 workers'

"We are providing jobs to 125,000 workers directly or indirectly still the Government has been continuously neglecting us," said a spokesman of Pakistan Jute Mills Association (PMJA) while talking to media persons here on Saturday. He said Thal Jute Mills
Published 17 Aug, 2014 12:00am
Multan businessmen hail vision 2025

Multan businessmen hail vision 2025

The Business Community of Multan on Saturday hailed the launching of vision 2025 and described it a right step to transform the country into an economically strong and prosperous nation and enhance exports to US 150 billion dollars by 2025. In a statement
Published 17 Aug, 2014 12:00am
Two Azadi March participants die in accident

Two Azadi March participants die in accident

At least two participants of Azadi March were killed and 14 others wounded in a roadside accident, when their van overturned in Islamabad late Friday night. According to the Rescue sources, the van of Pakistan Tehreek-e-Insaf (PTI) activists, was on its w
Published 17 Aug, 2014 12:00am
Marvi questions PTI's loyalty with KP people

Marvi questions PTI's loyalty with KP people

Pakistan Muslims League-Nawaz (PML-N) MNA Marvi Memon has questioned the loyalty of the leadership of Pakistan Tehrik-e-Insaf (PTI) with the people of Khyber Pakhtunkhwa, saying they instead of protesting against a democratic setup should have helped rain
Published 17 Aug, 2014 12:00am
Plan chalked out to further improve TEVETA performance

Plan chalked out to further improve TEVETA performance

Technical Education and Vocational Training Authority (TEVTA) has chalked out a comprehensive strategy to further improve the overall performance of TEVETA Institutions in addition to offering 30 percent more admissions this year, said Chairman Board of M
Published 17 Aug, 2014 12:00am
Mashood urges PTI to call off rally to avoid embracement

Mashood urges PTI to call off rally to avoid embracement

Law Minister Rana Mashhood Ahmed Khan on Saturday claimed that Pakistan Tehrik-e-Insaf (PTI) had started its Azadi March with only 2,000 people. "The government has given a free hand to PTI workers although Lahore High Court has ruled against an unconstit
Published 17 Aug, 2014 12:00am
No return till Nawaz resigns: Rasheed

No return till Nawaz resigns: Rasheed

Awami Muslim League (AML) Chief Sheikh Rasheed said on Saturday the government never kept its pledges including the one regarding riddance from power outages in the country. Addressing the participants of Azadi March from a stage set at Serena Chowk in th
Published 17 Aug, 2014 12:00am
LCCI holds workshop on 'Branding Pakistan'

LCCI holds workshop on 'Branding Pakistan'

A little focus on branding could do a miracle at the economic front as it would not only change an ordinary product into special one but also attract the buyers. This was upshot of the speeches delivered at a Workshop on "Branding Pakistan" organised by t
Published 17 Aug, 2014 12:00am
Pomi Butt, seven others granted bail

Pomi Butt, seven others granted bail

Pomi Butt, who is accused of inciting an attack on PTI's Azadi March in Gujranwala, and seven others were granted bail by a local court. On Thursday, Butt surrendered himself to police apparently on PTI pressure. Butt, who is a younger brother of Pakistan
Published 17 Aug, 2014 12:00am
Rain-hit people of KP: Punjab government sends relief items

Rain-hit people of KP: Punjab government sends relief items

Punjab government has on Saturday dispatched 12 trucks of relief items for the people affected due to heavy rains in Peshawar, which included 4500 food hampers and other relief goods. The Chief Minister while expressing deep sense of sorrow and grief over
Published 17 Aug, 2014 12:00am
Textile industry urges government to focus on productivity revival

Textile industry urges government to focus on productivity revival

The Punjab based textile industry circles have urged the government to focus on the revival of productivity once prevailing uncertainty comes to an end. They said the endurance of the Punjab based textile industry is under serious threat due to the prevai
Published 17 Aug, 2014 12:00am
PAT's rally far bigger than that of PTI: Sanaullah

PAT's rally far bigger than that of PTI: Sanaullah

Former Punjab Law Minister Rana Sanaullah on Saturday said Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan did not spell out any fresh point in his speech, adding the PTI chief went away from the rally venue to fall asleep at his cozy residence with no
Published 17 Aug, 2014 12:00am
Sarwar, Siraj laud parties' positive attitude

Sarwar, Siraj laud parties' positive attitude

Punjab Governor Chaudhry Muhammad Sarwar and Ameer, Jamaat-i-Islami Sirajul Haq, at a joint press conference held at Mansoora Saturday impressed upon the parties to demonstrate a highly positive attitude in order to pull the country out of the present cri
Published 17 Aug, 2014 12:00am
Cattle markets to be revamped under CMMC

Cattle markets to be revamped under CMMC

Commissioner Lahore Division Rashid Mahmood Langrial has said that existing cattle markets of Lahore, Sheikhupura, Nankana and Kasur districts are being revamped in line with the latest international trends under Cattle Market Management Company (CMMC) be
Published 17 Aug, 2014 12:00am
No change in demand for Prime Minister's resignation: PTI

No change in demand for Prime Minister's resignation: PTI

Pakistan Tehreek-e-Insaf (PTI) has not withdrawn its demand regarding resignation of Prime Minister Nawaz Sharif, said Shireen Mazari on Saturday. In a press statement, PTI spokeswoman Mazari made it clear that all demands being made by her party were con
Published 17 Aug, 2014 12:00am
RCCI says marches destroy business activities

RCCI says marches destroy business activities

The Acting President Rawalpindi Chamber of Commerce and Industry (RCCI) Malik Shahid Saleem has said that national economy is under deep stress owing to prevailing Azadi/Inqilaab Marches and especially these marches destroy the business activities of the
Published 17 Aug, 2014 12:00am
Rafique asks Imran to compile demands, hand over to government

Rafique asks Imran to compile demands, hand over to government

Minister for Railways Khawaja Saad Rafique Saturday asked Pakistan Tehreek-e-Insaf chief Imran Khan to compile all of his demands and hand over to the government and media for proper consideration. "Imran Khan changes his demands every day. He should firs
Published 17 Aug, 2014 12:00am
PSAA shows reservations on current unrest

PSAA shows reservations on current unrest

Pakistan Ship's Agents Association (PSAA) has showed strong reservations on current unrest in the country as it is causing the huge losses to the national exchequer as well as bringing bad name to the country. PSAA protests on using containers belonging t
Published 17 Aug, 2014 12:00am
66 alleged criminals held

66 alleged criminals held

City police on Saturday claimed to have arrested around 66 alleged criminals in different targeted raids and encounters conducted at various parts of metropolis on Saturday Police said that they conducted 75 raids and two encounters as a part of Karachi o
Published 17 Aug, 2014 12:00am
Two killed in city

Two killed in city

At least two people were killed, one injured in separate incidents of violence here on Saturday. According to police and rescue sources, Subhan, 35, was shot and killed while Asif son of Asghar was shot and injured while offering resistance during an alle
Published 17 Aug, 2014 12:00am
MQM leader expresses sympathy with PTI workers

MQM leader expresses sympathy with PTI workers

MQM leader Haider Abbas Rizvi has said that workers of Pakistan Tehreek-e-Insaaf are frustrated with their leaders who left them at the venue of the march and went to their homes. In a TV interview on Saturday, he said as compared to PTI, there are more p
Published 17 Aug, 2014 12:00am
Three killed as roof collapses

Three killed as roof collapses

At least three people including two women were killed and two minors were injured as roof collapsed in Bagga village (Kotli) on Saturday. Police said that due to heavy rain a mud house caved in as a result Maskin Begum, Noor Begum and Shahreen was died on
Published 17 Aug, 2014 12:00am
Politicians should resolve issues through dialogue: Sharjeel

Politicians should resolve issues through dialogue: Sharjeel

Sindh Information Minister Sharjeel Memon has said that politicians should resolve all the issues through dialogue as real democracy and reconciliation can resolve all the problems. In an interview with a private TV channel on Saturday, Sharjeel Memon urg
Published 17 Aug, 2014 12:00am
ATC rejects bail plea for MQM worker

ATC rejects bail plea for MQM worker

The Anti-Terrorism Court (ATC) in Karachi rejected on Saturday a petition seeking bail of Muttahida Qaumi Movement (MQM)'s political worker who was accused of being involved in terrorist activities. Other than murder charges, the convict has been accused
Published 17 Aug, 2014 12:00am
Rain, thunder shower forecast for Islamabad over next 24 hours

Rain, thunder shower forecast for Islamabad over next 24 hours

Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) protestors are likely to continue bearing the weather brunt for one another day as Met office on Saturday forecast rain-thunder showers for Islamabad in the next 24 hours. The supporters of P
Published 17 Aug, 2014 12:00am
KCCI elections 2014-15: BMG nominates Iftikhar Vohra for President slot

KCCI elections 2014-15: BMG nominates Iftikhar Vohra for President slot

The Businessmen Group (BMG), led by Siraj Kassim Teli has started considering names of candidate to be nominated as candidates for the President, Senior Vice President and Vice President of Karachi Chamber of Commerce and Industry (KCCI) in coming electio
Published 17 Aug, 2014 12:00am
Four crushed to death

Four crushed to death

Four people were killed when a container falls on a vehicle near National Highway here on Saturday. According to details, the deadly mishap occurred in morning hours when a vehicle carrying some four people was passing through the Link Road at National Hi
Published 17 Aug, 2014 12:00am
63rd death anniversary: glowing tribute paid to Baba-e-Urdu

63rd death anniversary: glowing tribute paid to Baba-e-Urdu

63 death anniversary of Baba-e-Urdu Moulvi Abdul Haq was observed here on Saturday. Speaking at a function held at the old office of the Anjuman Traqqi-e- Urdu after laying floral wreath at his grave, Administrator Karachi Rauf Akhtar Farooqui called for
Published 17 Aug, 2014 12:00am
Hassan denied second gold by Sweden's Bahta

Hassan denied second gold by Sweden's Bahta

The promise of Dutch delight turned to despair - and ultimately silver and bronze consolation - in the dramatic closing stages of the women's 5,000m final on the penultimate day of the European Athletics Championships in Zurich.
Published 17 Aug, 2014 12:00am
Root keeps England on top

Root keeps England on top

Joe Root continued his personal run-fest against India as England maintained their grip on the fifth Test at The Oval on Saturday. England, 2-1 up in the five-match series, were 385 for seven at stumps on the second day - a first-innings lead of 237 runs
Published 17 Aug, 2014 12:00am
Watson out of Zimbabwe tour

Watson out of Zimbabwe tour

Injury-prone all-rounder Shane Watson has been ruled out of Australia's one-day tour of Zimbabwe after standing on a ball and twisting his ankle at training in Brisbane on Saturday. Batsman Phillip Hughes will replace Watson for the August 25-September 6.
Published 17 Aug, 2014 12:00am
Mithali Raj leads from front as India's women down England

Mithali Raj leads from front as India's women down England

India captain Mithali Raj ensured her side's return to Test cricket after an eight-year absence ended triumphantly as they beat England by six wickets in a one-off encounter on Saturday. Ray made exactly 50 not out, her fourth Test half-century as India w
Published 17 Aug, 2014 12:00am
Sharapova rallies to beat spirited Halep

Sharapova rallies to beat spirited Halep

Maria Sharapova won a re-match of her French Open title victory over Simona Halep, rallying for a 3-6, 6-4, 6-4 win to reach the semi-finals of the Cincinnati Masters. The reigning Roland Garros holder will play Ana Ivanovic after the Serb ninth seed defe
Published 17 Aug, 2014 12:00am
Swansea ruin Van Gaal's Premier League bow

Swansea ruin Van Gaal's Premier League bow

Louis van Gaal's Manchester United reign got off to a false start on Saturday as Swansea City won 2-1 in the season's opening Premier League game at Old Trafford. Van Gaal was taking charge of his first competitive game as United manager, but his new side
Published 17 Aug, 2014 12:00am
Sarfraz hits maiden ton but Sri Lanka take charge

Sarfraz hits maiden ton but Sri Lanka take charge

Mahela Jayawardene scored an unbeaten 49 in his last Test innings as Sri Lanka took charge of the second and final match against Pakistan in Colombo on Saturday. The hosts, who trailed by 12 runs on the first innings, put on a strong batting performance t
Published 17 Aug, 2014 12:00am
West faces tough choices if Russia, Ukraine fight

West faces tough choices if Russia, Ukraine fight

If Russia and Ukraine slide into outright war, the United States and allies will face tough choices on how to support a friendly state they have no intention of making a full Nato member. In what appeared to be a dramatic escalation on Friday, Ukraine sai
Published 17 Aug, 2014 12:00am
Man dies in Britain as 35 people found in shipping container

Man dies in Britain as 35 people found in shipping container

A man has died after 35 people, including several children, were found inside a shipping container being unloaded at a dock in eastern England on Saturday morning, police said. Two of the group, believed to be from the Indian sub-continent, were taken to
Published 17 Aug, 2014 12:00am
Top US general raises hopes of easing arms ban to Vietnam

Top US general raises hopes of easing arms ban to Vietnam

The United States could help build Vietnam's naval capacity if a ban on selling lethal weapons to the authoritarian nation is lifted, the most senior US military officer to visit Vietnam for decades said Saturday. General Martin Dempsey, Chairman of the U
Published 17 Aug, 2014 12:00am
Taliban hangs five in Helmand

Taliban hangs five in Helmand

The Taliban executed five people in a busy opium market in Afghanistan's southern Helmand province and left their bodies hanging overnight after accusing them of kidnapping a businessman, officials told Reuters. The militant group has stepped up its fight
Published 17 Aug, 2014 12:00am
ICRC says five aid workers seized in western Afghanistan

ICRC says five aid workers seized in western Afghanistan

The International Committee of the Red Cross (ICRC) said on Saturday that five of its Afghan staff were kidnapped by a local armed group two days ago in the western province of Herat. "The incident happened when the team was travelling by road in Herat pr
Published 17 Aug, 2014 12:00am
Texas Governor Perry indicted for abuse of power

Texas Governor Perry indicted for abuse of power

Texas Governor Rick Perry was indicted on Friday by a grand jury in Texas on two counts of abuse of power and coercion over a funding veto he made last year that was seen as being intended to force a local prosecutor to resign. Perry, a possible Republica
Published 17 Aug, 2014 12:00am
Suicide bomber attacks UN base in northern Mali, kills one

Suicide bomber attacks UN base in northern Mali, kills one

A UN peacekeeper was killed and five others injured, two seriously, in a suicide attack on a patrol base in northern Mali, the UN peacekeeping mission (MINUSMA) said on Saturday. A vehicle exploded on Saturday morning next to the base in the village of Be
Published 17 Aug, 2014 12:00am
Landslides, floods kill 109, displace thousands in Nepal, India

Landslides, floods kill 109, displace thousands in Nepal, India

The death toll from landslides and flooding triggered by torrential monsoon rains in Nepal and northern India climbed to at least 109 Saturday as tides of water, mud and rocks swept away houses, officials said. The downpours also displaced thousands of pe
Published 17 Aug, 2014 12:00am
Roadside bomb kills team repairing key Iraq bridge

Roadside bomb kills team repairing key Iraq bridge

A roadside bombing Saturday killed the engineer tasked with repairing a key bridge on the main highway north of Baghdad, which jihadists destroyed last month, army and medical sources said. "Three people were killed and 11 others wounded by a roadside bom
Published 17 Aug, 2014 12:00am
Pope warns Catholic clergy to be humble, not hypocrites

Pope warns Catholic clergy to be humble, not hypocrites

Pope Francis on Saturday issued a clear warning to Roman Catholic clergy, saying those who profess poverty while living rich material lives were hypocrites who hurt the image and mission of the Church. On the third day of his visit to South Korea, Francis
Published 17 Aug, 2014 12:00am
Brazil inmate flies the coop in drug ruse

Brazil inmate flies the coop in drug ruse

A Brazilian inmate on supervised release put his electronic monitoring bracelet on an unsuspecting rooster, which he locked in a chicken coop, and then sneaked off to sell drugs, media reports said Saturday. The ruse was discovered during a routine check
Published 17 Aug, 2014 12:00am
Australian Prime Minister urges Scots to stay in UK

Australian Prime Minister urges Scots to stay in UK

Australian Prime Minister Tony Abbott on Saturday urged Scotland to stay in the United Kingdom, saying independence would be cheered by enemies of justice and freedom. Abbott's comments to The Times newspaper are the strongest given yet by a major foreign
Published 17 Aug, 2014 12:00am
Berlin meet could be first step to Ukraine-Russia peace summit: France

Berlin meet could be first step to Ukraine-Russia peace summit: France

A meeting of Ukrainian, Russian, German and French foreign ministers scheduled in Berlin on Sunday could be a first step towards a Ukraine-Russia peace summit along the lines of one that took place in Normandy last month, the French government said on Sat
Published 17 Aug, 2014 12:00am
UN to feed up to one million people

UN to feed up to one million people

The United Nations is to step up food aid to reach up to a million people affected by the Ebola outbreak wreaking havoc in west Africa, the World Food Programme (WFP) said Friday. With states of emergency and severe restrictions on movement imposed in the
Published 17 Aug, 2014 12:00am
Kenya bars travellers from worst-hit Ebola countries

Kenya bars travellers from worst-hit Ebola countries

Kenya is closing its borders to travellers from Guinea, Liberia and Sierra Leone, the three countries worst hit by the Ebola outbreak, the government said Saturday. Kenya Airways also announced that it would suspend its flights to Freetown and Monrovia wh
Published 17 Aug, 2014 12:00am
Syria clashes as jihadists advance on rebel bastions

Syria clashes as jihadists advance on rebel bastions

Syrian rebels on Saturday were defending Marea, one of their main strongholds in the north, against a rapid advance by Islamic State jihadists, a monitoring group and an activist said. The opposition Syrian National Council in exile called for the interna
Published 17 Aug, 2014 12:00am
Former Zurich Insurance CEO, Goldman lead director dies

Former Zurich Insurance CEO, Goldman lead director dies

The former head of Zurich Insurance and lead director of Goldman Sachs James Schiro has died at the age of 68, the bank said. The American citizen, who also served on the boards of Pepsico and Reva Medical, had retired from the bank's board in July after
Published 17 Aug, 2014 12:00am
Turkey ruling party favours Davutoglu as new Prime Minister

Turkey ruling party favours Davutoglu as new Prime Minister

Turkey's ruling Justice and Development Party (AKP) has strongly backed the naming of Foreign Minister Ahmet Davutoglu as the new premier and party leader to replace president-elect Recep Tayyip Erdogan, a pro-government daily said Saturday. The executive
Published 17 Aug, 2014 12:00am
German security recorded at least one Kerry conversation

German security recorded at least one Kerry conversation

Germany's foreign intelligence agency recorded at least one phone conversation held by US Secretary of State John Kerry, a German magazine said on Saturday, potentially embarrassing Berlin which has reprimanded Washington for its surveillance. Der Spiegel
Published 17 Aug, 2014 12:00am
PKK conflict with Turkey 'coming to an end', says Kurdish leader

PKK conflict with Turkey 'coming to an end', says Kurdish leader

The outlawed Kurdistan Workers Party's 30-year conflict with Turkey is coming to an end, the group's jailed leader said on Saturday, hailing the start of a new democratic process in the country. The PKK, which for three decades fought a bloody insurgency
Published 17 Aug, 2014 12:00am
Venezuelan with cocaine breast implants arrested in Madrid

Venezuelan with cocaine breast implants arrested in Madrid

A Venezuelan woman with 1.7 kilos of cocaine hidden in her breast implants was arrested at Madrid airport after arriving on a flight from Colombia, police said Friday. "During a check of passengers from a plane from Bogota, the gestures and behaviour of a
Published 17 Aug, 2014 12:00am
Brazil's Marina Silva likely to run for president

Brazil's Marina Silva likely to run for president

The Brazilian Socialist Party is likely to announce environmentalist Marina Silva as its presidential candidate next week, replacing party leader Eduardo Campos who was killed in a plane clash, three leading local newspapers reported on Saturday. The PSB,
Published 17 Aug, 2014 12:00am
China's Xi calls for a political solution to ease Ukraine crisis

China's Xi calls for a political solution to ease Ukraine crisis

China's President Xi Jinping on Saturday called for a political solution for the Ukraine crisis to avoid confrontations, the official Xinhua news agency reported. Efforts should be made to "ease the tense situation and avoid acceleration of confrontations
Published 17 Aug, 2014 12:00am
Iraqi Kurdish leader appeals to Germany for weapons

Iraqi Kurdish leader appeals to Germany for weapons

The leader of Iraq's Kurds appealed to Germany for weapons to help Kurdish fighters battling militants of the Islamic State, and said foreign powers must find a way to cut off the group's funding. The European Union on Friday gave a green light to EU gove
Published 17 Aug, 2014 12:00am
Thai government to aim for rubber supply cut

Thai government to aim for rubber supply cut

Thailand's military government will encourage farmers in the world's biggest rubber producer and exporter to cut down more rubber trees in a bid to restrict supply to help shore up prices, a senior government official said on Tuesday. Global rubber prices
Published 17 Aug, 2014 12:00am
Gold cuts losses in New York on renewed Russian-Ukraine tensions

Gold cuts losses in New York on renewed Russian-Ukraine tensions

Gold prices were slightly lower on Friday, paring losses on safe-haven buying as equity markets slid after Ukraine said its forces had engaged a Russian armoured column on Ukrainian soil in what appeared to be a major military escalation. Palladium rose t
Published 17 Aug, 2014 12:00am
India's natural rubber imports rise

India's natural rubber imports rise

India's natural rubber imports in July rose 14.8 percent from a year ago to 36,997 tonnes, the state-run Rubber Board said on Wednesday, as tyre-makers raised overseas purchases to meet rising demand. The consumption during the month rose 5.5 percent from
Published 17 Aug, 2014 12:00am
US sees record global wheat crop, strong corn output

US sees record global wheat crop, strong corn output

Global food supply expectations got a boost Tuesday as the US Department of Agriculture forecast a record global wheat crop and a new high mark for US corn output. Other important US crops, including rice and soybeans, were also forecast to gain significa
Published 17 Aug, 2014 12:00am
More than 100 grains cargo ships held up in Argentina

More than 100 grains cargo ships held up in Argentina

A wage strike by Argentine tugboat captains forced more than 100 grains ships to drop anchor along the Parana River on Monday, preventing the loading of freshly harvested corn and soy, a local industry official said. The work stoppage affected grains term
Published 17 Aug, 2014 12:00am
Surplus to check India sugar prices even if some mills stop crushing

Surplus to check India sugar prices even if some mills stop crushing

India will have enough sugar to last roughly four months when the new season starts in October, the chief of a leading industry body said, keeping a lid on local prices even if some money-losing mills stick to their decision of not crushing cane. Mills in
Published 17 Aug, 2014 12:00am
Rain hits Ukrainian wheat quality

Rain hits Ukrainian wheat quality

Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter's quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on
Published 17 Aug, 2014 12:00am
Targeting global trading power, top metals user China taps Singapore

Targeting global trading power, top metals user China taps Singapore

Chinese metals traders have opened offices and hired top talent in the Asian financial hub of Singapore over the past year, aiming to capture opportunities created by the exit of a string of Western banks from the global commodities trading business. Chin
Published 17 Aug, 2014 12:00am
Commodity prices hit by weak demand; gold loses shine

Commodity prices hit by weak demand; gold loses shine

Oil and gold prices retreated this week, with demand for the commodities pressured by strains in the global economy. Prices slid on a slew of downbeat economic data from around the world, analysts said. Futures tumbled by more than two dollars on Thursday
Published 17 Aug, 2014 12:00am
Imran and Qadri in Islamabad

Imran and Qadri in Islamabad

"Under no circumstances will you resort to violence or militancy," a roaring Dr Tahirul Qadri asks his followers in Islamabad where his organisation has staged a sit-in with a view to ushering in a 'Green revolution' and toppling of PML-N government.
Published 17 Aug, 2014 12:00am
Mexico acid leak leaves orange river, toxic water

Mexico acid leak leaves orange river, toxic water

Ramona Yesenia stood in her town square with two empty jugs, waiting for water to replace the municipal supply contaminated by a chemical spill that turned Mexico's Sonora river orange. Yesenia is one of 20,000 people left without water since a massive su
Published 17 Aug, 2014 12:00am
Chips are down for Atlantic City's hard-luck Revel Casino

Chips are down for Atlantic City's hard-luck Revel Casino

When the $2.4 billion Revel Casino opened its doors in 2012, the curvy blue-glass tower was hailed as the wave of the future for Atlantic City, New Jersey. But only two years later, with the announcement that it will close next month while in bankruptcy f
Published 17 Aug, 2014 12:00am
Asia-Pacific region must unlock fiscal space

Asia-Pacific region must unlock fiscal space

Asia-Pacific countries continue to drive the global economy. The region has demonstrated great resilience during the economic and financial crisis, contributing about 70 percent of world growth from 2008-2011. Yet, regional growth is now in a challenging
Published 17 Aug, 2014 12:00am
Political change in Turkey

Political change in Turkey

After three consecutive terms as Prime Minister of Turkey Recep Tayyip Erdogan has now won presidential election with 52 percent of the vote, averting the need for a second round. The Justice and Freedom Party (AKP) under him has also continued to maintai
Published 17 Aug, 2014 12:00am
Modi in Kashmir

Modi in Kashmir

Narendra Modi hasn't taken long to shed thin veneer of bonhomie he wore by according exceptionally warm welcome to his Pakistani counterpart Nawaz Sharif at his inauguration. Just one event and it looked as if there was a new dawn in Pak-India relationshi
Published 17 Aug, 2014 12:00am
Kurds fight to retake Iraq's largest dam

Kurds fight to retake Iraq's largest dam

Kurdish forces backed by US warplanes battled Saturday to retake Iraq's largest dam from Islamic State jihadist fighters, whose latest atrocity was a massacre in a Yazidi village. Two months of violence have brought Iraq to the brink of breakup, and world
Published 17 Aug, 2014 12:00am
Brussels pleads with Germany to let wages rise

Brussels pleads with Germany to let wages rise

Germany must increase workers' salaries to help its neighbours out of the economic slump, the European Union's employment commissioner Laszlo Andor said Saturday. The Hungarian said Berlin's big foreign trade surplus was hurting its European partners, and
Published 17 Aug, 2014 12:00am
Political turmoil: businesses suffer Rs 30 billion losses in 12 days

Political turmoil: businesses suffer Rs 30 billion losses in 12 days

The local trade and businesses have suffered losses of Rs 30 billion during last 12 days following political turmoil in the country, traders said on Saturday. "The political uncertainty is looming large over the country''s ailing economy," traders said, a
Published 17 Aug, 2014 12:00am
Political turmoil: businesses suffer Rs 30 billion losses in 12 days

Political turmoil: businesses suffer Rs 30 billion losses in 12 days

The local trade and businesses have suffered losses of Rs 30 billion during last 12 days following political turmoil in the country, traders said on Saturday. "The political uncertainty is looming large over the country's ailing economy," traders said, ad
Published 17 Aug, 2014 12:00am
Political turmoil: businesses suffer Rs 30 billion losses in 12 days

Political turmoil: businesses suffer Rs 30 billion losses in 12 days

The local trade and businesses have suffered losses of Rs 30 billion during last 12 days following political turmoil in the country, traders said on Saturday. "The political uncertainty is looming large over the country's ailing economy," traders said, ad
Published 17 Aug, 2014 12:00am
Fresh protests, looting shatter brief calm in US suburb

Fresh protests, looting shatter brief calm in US suburb

Riot police fired tear gas and clashed with protesters early Saturday as anger boiled over once more in the Missouri suburb where an officer shot dead an unarmed black teenager a week ago. The renewed unrest came hours after police said Michael Brown, 18,
Published 17 Aug, 2014 12:00am
Truce holds as Cairo talks turn to Gaza blockade

Truce holds as Cairo talks turn to Gaza blockade

Negotiators in Cairo addressed the thorny issue of the Israeli Gaza blockade on Tuesday night, as the second day of a 72-hour truce neared its end. As Gaza's residents ventured out to try to piece together their battered lives, Israeli and Palestinian neg
Published 17 Aug, 2014 12:00am
Tensions boil over Ukraine as Russian convoy waits

Tensions boil over Ukraine as Russian convoy waits

Diplomatic efforts to douse an international firestorm over claims that Ukraine's forces destroyed Russian military vehicles ratcheted up Saturday as Moscow demanded that Kiev allow its mammoth aid convoy to cross the volatile border. Moscow and Kiev's fo
Published 17 Aug, 2014 12:00am
Seven die in clash between Bugti tribes

Seven die in clash between Bugti tribes

Seven persons were killed and several others injured in firing between two Bugti tribes on Saturday morning in the area of Barro that lies along the Punjab-Balochistan border. According to the sources, a minor dispute arose between two tribes of Bugti, on
Published 17 Aug, 2014 12:00am
Seven die in clash between Bugti tribes

Seven die in clash between Bugti tribes

Seven persons were killed and several others injured in firing between two Bugti tribes on Saturday morning in the area of Barro that lies along the Punjab-Balochistan border. According to the sources, a minor dispute arose between two tribes of Bugti, on
Published 17 Aug, 2014 12:00am
Two Indian troopers killed in IHK

Two Indian troopers killed in IHK

Suspected militants shot dead two paramilitary troopers in Indian held Kashmir in the third militant assault on government forces in a week in the restive Himalayan region, police said. Gunmen attacked a vehicle carrying Border Security Force (BSF) troops
Published 17 Aug, 2014 12:00am
Two Indian troopers killed in IHK

Two Indian troopers killed in IHK

Suspected militants shot dead two paramilitary troopers in Indian held Kashmir in the third militant assault on government forces in a week in the restive Himalayan region, police said. Gunmen attacked a vehicle carrying Border Security Force (BSF) troops
Published 17 Aug, 2014 12:00am
Shelling brings terror to leafy suburbs of besieged Donetsk

Shelling brings terror to leafy suburbs of besieged Donetsk

After shelling ended overnight in a suburb of Donetsk in eastern Ukraine, Konstantin Luchkin emerged from his cellar to find his beehives smashed, the facade of his house blown off and his car burnt and puckered with shrapnel holes. "Call that a targeted
Published 17 Aug, 2014 12:00am
Philippines brings home hundreds more workers from Libya

Philippines brings home hundreds more workers from Libya

More than 400 Filipino workers who fled conflict in Libya arrived in the Philippines late Saturday following a three-day mass evacuation by air and sea. The group, including 10 children, were picked up from the Libyan ports of Benghazi and taken to Malta
Published 17 Aug, 2014 12:00am
Missouri governor declares emergency, sets curfew in Ferguson

Missouri governor declares emergency, sets curfew in Ferguson

Missouri Governor Jay Nixon declared a state of emergency and imposed a curfew in Ferguson on Saturday following a week-long series of racially charged protests and looting over the shooting of an unarmed black teenager by a white police officer.
Published 17 Aug, 2014 12:00am
Model Town incident: 'no responsibility fixed on Shahbaz'

Model Town incident: 'no responsibility fixed on Shahbaz'

The Punjab government on Saturday clarified that no responsibility of the Model Town incident was fixed on the Punjab Chief Minister in the report of judicial commission, constituted for Model Town incident. According to a Punjab government spokesperson,
Published 17 Aug, 2014 12:00am
Model Town incident: 'no responsibility fixed on Shahbaz'

Model Town incident: 'no responsibility fixed on Shahbaz'

The Punjab government on Saturday clarified that no responsibility of the Model Town incident was fixed on the Punjab Chief Minister in the report of judicial commission, constituted for Model Town incident. According to a Punjab government spokesperson,
Published 17 Aug, 2014 12:00am