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Print - 2014-08-31
Court sentences Brotherhood leader to life in prison

Court sentences Brotherhood leader to life in prison

An Egyptian court sentenced Mohamed Badie, general guide of the outlawed Muslim Brotherhood, and seven others to life in prison on Saturday for inciting violence during protests last year, judicial sources said. Badie had already been sentenced to death a
Published 31 Aug, 2014 12:00am
India nears $2.5 billion deal for Boeing military helicopters

India nears $2.5 billion deal for Boeing military helicopters

India has decided to acquire Boeing's Chinook and Apache helicopters, an Indian defence ministry official said on Saturday, in a deal valued at $2.5 billion that could ease strained ties between New Delhi and Washington. The new nationalist-led government
Published 31 Aug, 2014 12:00am
Protesters descend on British city ahead of Nato summit

Protesters descend on British city ahead of Nato summit

Around a thousand pacifist and anti-nuclear demonstrators marched through Newport on Saturday ahead of the Nato summit in the British city next week. Various left-wing organisations took part in the protest, including the Stop The War Coalition group and
Published 31 Aug, 2014 12:00am
Hollande thinks the euro's overvalued, and he should know

Hollande thinks the euro's overvalued, and he should know

French President Francois Hollande said again on Wednesday that the euro is overvalued and, looking at the state of the French economy, many might agree with him. France, the currency bloc's second-biggest economy after Germany, is afflicted by record-hig
Published 31 Aug, 2014 12:00am
Rand weakens

Rand weakens

South Africa's rand weakened against the dollar on Friday, pressured by a bigger-than-expected domestic trade gap and a low appetite for risky assets as investors worry about Ukraine-Russia tensions. The revenue service issued trade figures which showed S
Published 31 Aug, 2014 12:00am
Canadian dollar weakens

Canadian dollar weakens

The Canadian dollar weakened against the greenback on Friday, pulling back from a one-month high and bringing this week's rally to a halt as some of the benefit it had seen from investor repositioning faded and offset strong domestic economic data. Still,
Published 31 Aug, 2014 12:00am
Dollar gains, euro steadies as inflation reading on target

Dollar gains, euro steadies as inflation reading on target

The dollar rose on Friday, with traders looking beyond soft US consumer-spending data, while the steadily sliding euro won a reprieve on diminished expectations the European Central Bank will soon ease monetary policy. Meanwhile, Russia's rubble hit an al
Published 31 Aug, 2014 12:00am
Sri Lankan rupee weakens

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Friday as importer dollar demand outpaced exporter greenback sales, while dollar sales by state banks prevented a sharp fall, dealers said. The dealers expect the local currency to remain steady for the rest of the yea
Published 31 Aug, 2014 12:00am
Dollar net longs grow in latest week

Dollar net longs grow in latest week

Speculators raised their bullish bets on the US dollar for a second week to their highest in more than two years, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position soared to $32
Published 31 Aug, 2014 12:00am
Weak yen remains Japan's inflation anchor

Weak yen remains Japan's inflation anchor

Continuing and broad-based yen weakness would sit comfortably with the objectives outlined by Bank of Japan Governor Haruhiko Kuroda in his speech last week at Jackson Hole, Wyoming. The BOJ Governor said the mechanism for negotiating wage increases "stop
Published 31 Aug, 2014 12:00am
Rupee long positions near three-month high, Asia FX views better

Rupee long positions near three-month high, Asia FX views better

Sentiment on most emerging Asian currencies improved in the last two weeks with long positions in the Indian rupee at a near three-month high, a Reuters poll showed, boosted by optimism that any European stimulus will draw more capital inflows. Bullish be
Published 31 Aug, 2014 12:00am
Toll reaches 119: three more dengue virus cases confirmed in Swat

Toll reaches 119: three more dengue virus cases confirmed in Swat

With confirmation of dengue virus in three more persons the total number of the affected patients in the district Swat has reached to 119. Dr Haider, spokesman of Health department Swat said that dengue virus has been confirmed in three more patients on S
Published 31 Aug, 2014 12:00am
Roots Millennium Schools, PRCS sign MoU to train youth

Roots Millennium Schools, PRCS sign MoU to train youth

Roots Millennium Schools and Pakistan Red Crescent Society (PRCS) signed memorandum of understanding (MoU) to jointly develop, mobilise and train youth volunteers from students and staff of Roots Millennium Schools nationwide. Chief Executive Roots Millen
Published 31 Aug, 2014 12:00am
PTI workers hold sit-in outside Punjab Assembly

PTI workers hold sit-in outside Punjab Assembly

Pakistan Tehreek-e-Insaf (PTI) Lahore staged a protest sit-in outside Punjab Assembly on a call given by PTI Chairman Imran Khan on Saturday. PTI local leadership and PTI supporters from the city and adjoining areas participated in the protest sit-in. The
Published 31 Aug, 2014 12:00am
Protestors dig holes in green belt for toilets

Protestors dig holes in green belt for toilets

Digging holes in the green belt of the Constitution Avenue for toilets and damaging the Capital Development Authority (CDA) water supply lines is a civil and criminal offence. During the ongoing protest against the government on the Constitution Avenue, w
Published 31 Aug, 2014 12:00am
IDPs warn to hold long march against eviction from government schools

IDPs warn to hold long march against eviction from government schools

The internally dislocated people (IDPs), who fled from North Waziristan Agency in wake of the going military operation 'Zarb-e-Azb', refused to vacate government schools, unless the government made alternative arrangements for them, and warned government
Published 31 Aug, 2014 12:00am
JUI-F to hold protest rally today

JUI-F to hold protest rally today

Jamiat-e-Ulema Islam-Fazl (JUI-F) will hold a protest rally in Peshawar on Sunday (today), against the joint sit-ins of male and female, being organised by PTI and PAT in Islamabad. A huge protest procession will be taken out from GT Road under the leader
Published 31 Aug, 2014 12:00am
Bilawal visits Shanghai Metro, power plant

Bilawal visits Shanghai Metro, power plant

Chairman PPP Bilawal Bhutto Zardari visited Shanghai Metro on Saturday. He visited the monitoring room of entire Shanghai city and appreciated the Metro System. He also visited the Shanghai train station. He was briefed about the project that Shanghai Met
Published 31 Aug, 2014 12:00am
HRCP sees military adjudication as gloomy day for country

HRCP sees military adjudication as gloomy day for country

The Human Rights Commission of Pakistan (HRCP) has said that the army being asked to adjudicate upon matters that should have been resolved by politicians made for an "exceeding gloomy day for the country". The Commission has stated that what the marchers
Published 31 Aug, 2014 12:00am
Long marches, sit-ins adversely affect economy: Saarc CCI

Long marches, sit-ins adversely affect economy: Saarc CCI

The Saarc Chamber of Commerce and Industry on Saturday said the long marches of PAT and PTI followed by sit-ins, have altogether adversely affected national economy. This has somehow caused financial loss to the tune of $10 billion to private sector besid
Published 31 Aug, 2014 12:00am
First Hajj flight leaves from Islamabad today

First Hajj flight leaves from Islamabad today

The first Hajj flight would leave from Islamabad on Sunday evening for Saudi Arabia. Federal Minister for Religious Affairs and Interfaith Harmony Sardar Muhammad Yousaf will see off the flight at Benazir Bhutto International Airport. An official of Minis
Published 31 Aug, 2014 12:00am
Trader, son kidnapped in Charsadda

Trader, son kidnapped in Charsadda

Unknown accused kidnapped a trader and his son here on Saturday. Gunmen intercepted honey trader Rozi Khan and his teenager son Ismail in Kala Dhanda area of Charsadda in Umerzai police station jurisdiction. The culprits earlier brutally tortured both and
Published 31 Aug, 2014 12:00am
President Mamnoon visits Konya

President Mamnoon visits Konya

President Mamnoon Hussain, who is currently on an official visit to Turkey, Saturday, visited Konya. He was warmly received by Governor Konya Muammer Erol, Mayor Tahir Akyurek, Garrison commander and other senior officials at the Airport. During his meeti
Published 31 Aug, 2014 12:00am
CEES holds seminar on 'Global Environmental Industry'

CEES holds seminar on 'Global Environmental Industry'

Punjab University College of Earth and Environmental Sciences (CEES) organised a seminar on "Global Environmental Industry (Zero Waste Initiatives and Sustainability). The participants from CEES and other departments attended the seminar. Tauseef Waraich
Published 31 Aug, 2014 12:00am
Training workshop for 'Energy Managers of Industry' concludes

Training workshop for 'Energy Managers of Industry' concludes

Training workshop of Energy Managers of Industry concluded at a local hotel on Saturday. APTMA Punjab and GIZ organised the workshop, which continued for a week, August 25-30. Certificates were also distributed among the participants at the end of the wor
Published 31 Aug, 2014 12:00am
Solar energy only solution to energy crisis, says FCCI President

Solar energy only solution to energy crisis, says FCCI President

Use and promotion of solar energy is the only available and affordable solution to effectively face the persistent energy crisis in Pakistan, said Suhail Bin Rashid, president of Faisalabad Chamber of Commerce and Industry (FCCI). He was talking to Shafqa
Published 31 Aug, 2014 12:00am
No chance of repetition of Kakar formula: Aitezaz

No chance of repetition of Kakar formula: Aitezaz

Senator Aitezaz Ahsan has said Imran Khan and Tahirul Qadri should bring revolution against the leaders standing around them. Talking to a private TV channel, he said both Imran and Qadri should have a reality check that railways and airports got standsti
Published 31 Aug, 2014 12:00am
Prime Minister should not resign: MCCI president

Prime Minister should not resign: MCCI president

The business community of South Punjab on Saturday urged upon Chief of Army Staff (CoAS) General Raheel Sharif to immediately intervene as facilitator or mediator to yank the nation out of tense and political impasse. The business community said: "We were
Published 31 Aug, 2014 12:00am
Entrance test for medical colleges today

Entrance test for medical colleges today

Entrance Test for public and private medical colleges of Punjab is to be held today (Sunday) under the auspices of University of Health Sciences in 13 cities simultaneously in which over 45,000 candidates (30,500 female and 14,500 male) are appearing at t
Published 31 Aug, 2014 12:00am
Prime Minister should trust parties to end impasse: Kaira

Prime Minister should trust parties to end impasse: Kaira

Former Information Minister and PPP stalwart Qamar Zaman Kaira Saturday urged Prime Minister Nawaz Sharif to trust parliamentary parties and involved them in resolution of stand-off at the Red Zone. He said the government should avoid mistakes and involve
Published 31 Aug, 2014 12:00am
Jamaat-i-Islami leader voices concern over political impasse

Jamaat-i-Islami leader voices concern over political impasse

Secretary General, Jamaat-i-Islami, Liaqat Baloch, has deplored that a solution to the current political impasse had been found out through dialogue but the situation had once again moved into a blind alley because of false ego and intransigence of the tw
Published 31 Aug, 2014 12:00am
PEF launches public awareness campaign

PEF launches public awareness campaign

Communication Department of Punjab Education Department has launched public awareness campaign in the province to motivate the private school owners to apply for partnership with the PEF under expansion Phase-9 of its foundation assisted school (FAS) prog
Published 31 Aug, 2014 12:00am
PTEA voices concern over drop in July export

PTEA voices concern over drop in July export

Pakistan Textile Exporters Association (PTEA) has expressed deep concerns over drop of 7.89 percent in exports in July 2014 despite the availability of GSP Plus benefit. Unprecedented energy shortage was the prime reason behind the substantial drop in exp
Published 31 Aug, 2014 12:00am
ICMAP's Job Fair receives overwhelming response

ICMAP's Job Fair receives overwhelming response

'Great cry little wool', a proverb that depicts the picture of ICMAP's Job Fair-2014, which has received overwhelming response from job seekers but disconcerted employers. This annual event, being organised by ICMAP for many years, remains unable to cater
Published 31 Aug, 2014 12:00am
76 alleged criminals arrested

76 alleged criminals arrested

The city police on Saturday arrested 76 alleged criminals in different targeted raids and encounters conducted at various parts of the provincial metropolis during last 24 hours. Police said that their 88 raids and four encounters carried out as a part of
Published 31 Aug, 2014 12:00am
Heavy rainfalls in Sindh likely from tomorrow

Heavy rainfalls in Sindh likely from tomorrow

Widespread rain/thunderstorm with isolated heavy falls is expected in Sindh from next Monday to Wednesday, the Met Office forecast. It said that a good spell of fresh monsoon rains is expected to fall across the country during the first week of September,
Published 31 Aug, 2014 12:00am
PTI supporters stage sit-in on Shara-e-Faisal

PTI supporters stage sit-in on Shara-e-Faisal

Hundreds of supporters of Pakistan Tehreek-e-Insaf (PTI) staged a sit-in in Karachi on Saturday, suspending traffic on Shara-e-Faisal. The sit-in began on the city's most busy thoroughfare despite refusal of police officials to grant the permission. Both
Published 31 Aug, 2014 12:00am
Nepotism in PIA causing Rs 2-1/2 crores loss

Nepotism in PIA causing Rs 2-1/2 crores loss

Pakistan International Airlines acting Managing Director has received a complaint regarding the appointment of excess flight engineers for Boeing 747 on contract by PIA. This is in violation of Establishment Division directives and amounts to nepotism in
Published 31 Aug, 2014 12:00am
Four LDA officials promoted

Four LDA officials promoted

The Lahore Development Authority (LDA) has issued orders for promotion of four officers, including one Deputy Director and three Assistant Directors, on the recommendations of Departmental Promotion Committee of LDA. According to a LDA spokesperson here o
Published 31 Aug, 2014 12:00am
Abid sees nothing wrong in army mediation

Abid sees nothing wrong in army mediation

State Minister for Water and Power Abid Sher Ali said Saturday that the government has done nothing wrong by asking the Army to play its role for an end to political crisis. "Although inviting Army is not the parliament's decision, even then if military c
Published 31 Aug, 2014 12:00am
Anti-dengue drive: EPA seals three places, inspects 29 sites

Anti-dengue drive: EPA seals three places, inspects 29 sites

Environment Protection Agency (EPA), under its ongoing anti-dengue drive on Saturday sealed three places and inspected 29 sites. District Officer EPA, Mian Mohammad Nawaz told APP that EPA team inspected 11 tyre shops, 17 junkyards/godowns and a nursery.
Published 31 Aug, 2014 12:00am
Businessmen Group wins all seats of SAI EC

Businessmen Group wins all seats of SAI EC

All six nominees of the Businessmen Group (BG) of Siraj Kasim Teli faction have been elected unopposed as member of the executive committee (EC) of Site Association of Industry (SAI) for the year 2014-15. After winning all seats of the executive committee
Published 31 Aug, 2014 12:00am
Government should resolve matters through negotiations: MQM

Government should resolve matters through negotiations: MQM

Muttahida Qaumi Movement (MQM) asks the government to resolve the political crisis through negotiations and requests the leaders of protesters to remain peaceful and show patience. A special meeting of the MQM Rabita Committee, Senate members, MPAs from S
Published 31 Aug, 2014 12:00am
British IT outsourcing company Quindell considers US listing

British IT outsourcing company Quindell considers US listing

Quindell Plc, a British IT outsourcing and consultancy company whose stock has been hammered following allegations by a short-seller, said it is exploring a US stock listing and will not immediately re-apply for a premium listing in London. Quindell's sto
Published 31 Aug, 2014 12:00am
British IT outsourcing company Quindell considers US listing

British IT outsourcing company Quindell considers US listing

Quindell Plc, a British IT outsourcing and consultancy company whose stock has been hammered following allegations by a short-seller, said it is exploring a US stock listing and will not immediately re-apply for a premium listing in London. Quindell's sto
Published 31 Aug, 2014 12:00am
Fiat-Chrysler sees New York stock market listing

Fiat-Chrysler sees New York stock market listing

Fiat-Chrysler aims to list shares in the newly merged carmaker in New York on October 13, Chief Executive Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month. He was speaking a day afte
Published 31 Aug, 2014 12:00am
Fiat-Chrysler sees New York stock market listing

Fiat-Chrysler sees New York stock market listing

Fiat-Chrysler aims to list shares in the newly merged carmaker in New York on October 13, Chief Executive Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month. He was speaking a day afte
Published 31 Aug, 2014 12:00am
US options exchanges craft rules to fend off turmoil

US options exchanges craft rules to fend off turmoil

A year after Goldman Sachs bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 US stock options exchanges have crafted new rules for dealing with erroneous transactions, according to draft documents seen by Reute
Published 31 Aug, 2014 12:00am
US options exchanges craft rules to fend off turmoil

US options exchanges craft rules to fend off turmoil

A year after Goldman Sachs bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 US stock options exchanges have crafted new rules for dealing with erroneous transactions, according to draft documents seen by Reute
Published 31 Aug, 2014 12:00am
IPO view: fund managers look to make room for Alibaba

IPO view: fund managers look to make room for Alibaba

Investors are looking over portfolios to make room for Chinese e-commerce giant Alibaba Group Holdings Inc's market debut next month - and that means some less attractive stocks that funds are holding might be shown the door. The initial public offering,
Published 31 Aug, 2014 12:00am
IPO view: fund managers look to make room for Alibaba

IPO view: fund managers look to make room for Alibaba

Investors are looking over portfolios to make room for Chinese e-commerce giant Alibaba Group Holdings Inc's market debut next month - and that means some less attractive stocks that funds are holding might be shown the door. The initial public offering,
Published 31 Aug, 2014 12:00am
UBS Wealth ramps up allocation to North American stocks, cuts Europe

UBS Wealth ramps up allocation to North American stocks, cuts Europe

UBS Wealth Management has added to its overweight position in North American equities and cut back on European stocks, encouraged by recent US earnings and growth data, the world's largest wealth manager said on Tuesday. "We have continued to be overweigh
Published 31 Aug, 2014 12:00am
UBS Wealth ramps up allocation to North American stocks, cuts Europe

UBS Wealth ramps up allocation to North American stocks, cuts Europe

UBS Wealth Management has added to its overweight position in North American equities and cut back on European stocks, encouraged by recent US earnings and growth data, the world's largest wealth manager said on Tuesday. "We have continued to be overweigh
Published 31 Aug, 2014 12:00am
Bund yields edge up

Bund yields edge up

German Bund yields edged up from record lows on Friday as investors pared back expectations that the European Central Bank could ease monetary policy next week after euro zone inflation data came out only a touch lower. ECB President Mario Draghi sent bon
Published 31 Aug, 2014 12:00am
Bund yields edge up

Bund yields edge up

German Bund yields edged up from record lows on Friday as investors pared back expectations that the European Central Bank could ease monetary policy next week after euro zone inflation data came out only a touch lower. ECB President Mario Draghi sent bon
Published 31 Aug, 2014 12:00am
TSX up for third straight month

TSX up for third straight month

Canada's main stock index rose on Friday, capping its third straight month of gains as higher energy and financial shares helped offset investor nervousness over geopolitical tensions. Adding to positive sentiment, data showed the Canadian economy recorde
Published 31 Aug, 2014 12:00am
Treasuries outlook: bonds stable, pausing rally, as ECB meeting in focus

Treasuries outlook: bonds stable, pausing rally, as ECB meeting in focus

Treasuries were steady on Friday, pausing a week-long rally, as investors remained focused on next week's highly anticipated European Central Bank meeting. Comments by ECB President Mario Draghi last Friday were interpreted by some market participants as
Published 31 Aug, 2014 12:00am
Treasuries outlook: bonds stable, pausing rally, as ECB meeting in focus

Treasuries outlook: bonds stable, pausing rally, as ECB meeting in focus

Treasuries were steady on Friday, pausing a week-long rally, as investors remained focused on next week's highly anticipated European Central Bank meeting. Comments by ECB President Mario Draghi last Friday were interpreted by some market participants as
Published 31 Aug, 2014 12:00am
S&P edges up to set new record; best month since February

S&P edges up to set new record; best month since February

US stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest positive data helped extend a rally that had been briefly threatened by overseas concerns. Since falling to a near
Published 31 Aug, 2014 12:00am
Cameron says he's 'nervous' over Scottish independence vote

Cameron says he's 'nervous' over Scottish independence vote

British Prime Minister David Cameron said he was nervous but confident Scots would vote against leaving the United Kingdom when they vote in a referendum on independence next month. With polls indicating support for a breakaway lagging behind backing for
Published 31 Aug, 2014 12:00am
Four Yemen soldiers, 10 Qaeda suspects die in barracks attack

Four Yemen soldiers, 10 Qaeda suspects die in barracks attack

A double overnight attack, one a suicide car bombing, by al Qaeda suspects on a barracks in south-east Yemen killed four soldiers and 10 insurgents dead, a military official told AFP Saturday. The suicide car driver rammed his booby-trapped vehicle into t
Published 31 Aug, 2014 12:00am
Algerian diplomats freed after two years' captivity in Mali

Algerian diplomats freed after two years' captivity in Mali

Two Algerian diplomats kidnapped in Mali in April 2012 by the Movement for Oneness and Jihad in West Africa (MUJAO) were freed on Saturday, the Algerian foreign ministry announced. A third diplomat, consul Boualem Sayes, had died in captivity "from a chro
Published 31 Aug, 2014 12:00am
Kerry urges global 'coalition' to fight IS jihadists

Kerry urges global 'coalition' to fight IS jihadists

US Secretary of State John Kerry has called for a global coalition to combat the Islamic State jihadist group and their "genocidal agenda". His remarks came as Saudi Arabia's King Abdullah warned that the West would be the group's next target unless there
Published 31 Aug, 2014 12:00am
Lesotho Prime Minister claims coup, flees to South Africa

Lesotho Prime Minister claims coup, flees to South Africa

Lesotho Prime Minister Tom Thabane claimed Saturday he fled in fear of his life after soldiers seized power in a coup, despite the military denying it overthrew the tiny mountain kingdom's government. Powerful neighbour South Africa and the Commonwealth b
Published 31 Aug, 2014 12:00am
EU readies new Russia sanctions

EU readies new Russia sanctions

The European Union geared up a fresh wave of sanctions against Russia on Saturday with warnings that the escalating conflict in Ukraine was putting all of Europe at risk of war. Fears of a wider confrontation spiralled after allegations that Russia has se
Published 31 Aug, 2014 12:00am
Lawmaker who called for Israel boycott attacked in London

Lawmaker who called for Israel boycott attacked in London

An outspoken lawmaker who declared an "Israel-free zone" in a northern English city suffered a suspected broken jaw in an attack believed to be linked to his support for the Palestinians, his party said on Saturday. George Galloway, who once lauded Saddam
Published 31 Aug, 2014 12:00am
Ecuador nuns go public for first time in 150 years

Ecuador nuns go public for first time in 150 years

A group of Ecuadoran nuns opened the doors of their convent to the outside world Saturday - a first since the order arrived in the South American country 150 years ago. The nuns of the Mothers of Augustine were expelled from Colombia in 1864 and subsequen
Published 31 Aug, 2014 12:00am
Saudi king warns of terrorism threat to US, Europe

Saudi king warns of terrorism threat to US, Europe

Saudi Arabia's King Abdullah said terrorism would soon spread to Europe and the United States unless it is quickly dealt with in the Middle East, the Saudi state news agency reported late on Friday. The king made the statement during a reception for forei
Published 31 Aug, 2014 12:00am
Russian politician beaten after report on soldier burials

Russian politician beaten after report on soldier burials

A Russian politician said on Saturday he had been badly beaten after publicising the mysterious funerals of two soldiers who may have died while fighting in Ukraine. Lev Shlosberg, a newspaper publisher who represents the liberal opposition Yabloko party
Published 31 Aug, 2014 12:00am
Quake hits Iceland volcano, no sign of fresh eruption

Quake hits Iceland volcano, no sign of fresh eruption

A large earthquake hit Iceland's Bardarbunga volcano system early on Saturday, but there was no sign of a fresh eruption, the country's Meteorological Office said. Authorities have been on alert since a surge of small quakes there this month triggered mem
Published 31 Aug, 2014 12:00am
Japan former wrestler wages 'sports diplomacy' in Norht Korea

Japan former wrestler wages 'sports diplomacy' in Norht Korea

Flamboyant Japanese wrestler-turned-politician Kanji "Antonio" Inoki kicked off his brand of sports diplomacy in North Korea Saturday in an unusual two-day event featuring martial artists from around the world. Inoki, 71, an opposition member of Japan's u
Published 31 Aug, 2014 12:00am
Fate of UN peacekeepers in Syrian Golan unclear

Fate of UN peacekeepers in Syrian Golan unclear

UN peacekeepers caught up in heavy fighting on the Golan Heights were evacuated Saturday as the fate of 44 colleagues captured by Syrian rebels remained uncertain. An AFP photographer heard intense small arms and missile fire in the buffer zone separating
Published 31 Aug, 2014 12:00am
South Africa maize estimate seen little changed at 14.031 million tonnes

South Africa maize estimate seen little changed at 14.031 million tonnes

South Africa is likely to slightly raise its 2014 maize output forecast, a Reuters survey showed on Friday, as traders expect no surprises before the end of the season. The government's Crop Estimates Committee (CEC) last month said maize output for 2014
Published 31 Aug, 2014 12:00am
Thai rubber farmers feel 'betrayed' by military government

Thai rubber farmers feel 'betrayed' by military government

Thai rubber farmers who supported anti-government protests that led to a military coup in May say they feel betrayed because the ruling military is failing to help soften the blow of plunging rubber prices. Thailand is the world's largest rubber producer
Published 31 Aug, 2014 12:00am
Japan to resume Fukushima rice exports

Japan to resume Fukushima rice exports

Japan is to restart exports of rice grown in Fukushima for the first time since foreign sales were halted due to fears of contamination by the nuclear disaster there, officials said Tuesday. The National Federation of Agricultural Co-operative Association
Published 31 Aug, 2014 12:00am
Ukraine kept grain exports at high level in August

Ukraine kept grain exports at high level in August

Ukraine kept grain exports at a high level in August, shipping 2.17 million tonnes of various grains from August 1 to 26, agriculture consultancy UkrAgroConsult said on Thursday. The volume included 1.19 million tonnes of wheat and 777,000 tonnes of barle
Published 31 Aug, 2014 12:00am
Ukraine almost completes 2014 wheat harvest at 24.4 million tonnes

Ukraine almost completes 2014 wheat harvest at 24.4 million tonnes

Ukraine has almost completed the 2014 wheat harvest, threshing 24.4 million tonnes in bunker weight from 99 percent of the sown area, the agriculture ministry said on Tuesday. The former Soviet republic harvested 22.3 million tonnes of wheat in clean weig
Published 31 Aug, 2014 12:00am
Major banks' first-half commodity revenue climbs

Major banks' first-half commodity revenue climbs

Commodities revenue at the top 10 investment banks climbed by about a fifth in the first half of the year as a cold winter boosted business in US power and gas and some investors returned to the sector, a consultancy said. Revenue from commodities for the
Published 31 Aug, 2014 12:00am
Russia expects record grain exports

Russia expects record grain exports

Russia, one of the world's top grain exporters, expects a record year with shipments abroad predicted to reach between 27.5 million and 30 million tonnes, the agriculture ministry said Tuesday. "The export potential is higher, by about 23 percent, from la
Published 31 Aug, 2014 12:00am
China's crop reform plans risk adding to market volatility

China's crop reform plans risk adding to market volatility

Chinese authorities appear set to dismantle the country's years-old reserve-based crop price support mechanism and move toward a more market-based program designed to allow supply and demand to dictate the crop prices received by farmers. Chinese authorit
Published 31 Aug, 2014 12:00am
Soyabean options hint price rebound may be looming

Soyabean options hint price rebound may be looming

US soyabean prices have been pummelled lately on the back of expectations for a record large crop, with soyabean futures falling to fresh four-year lows this week as yield-boosting rains descended across the Midwest. Combined with the approach of the Sout
Published 31 Aug, 2014 12:00am
Palladium hits 13-1/2-year high; gold eases

Palladium hits 13-1/2-year high; gold eases

Palladium rose to a 13-1/2-year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in US equities. Tensions rose after Ukraine called for full member
Published 31 Aug, 2014 12:00am
Commodity markets buoyed by mounting Ukraine crisis

Commodity markets buoyed by mounting Ukraine crisis

Crude oil and wheat prices were lifted this week by intensifying concerns over the Ukraine crisis, while gold advanced as many investors sought shelter from geopolitical tensions. Many commodities also rose on bright economic growth data in the United Sta
Published 31 Aug, 2014 12:00am
The ISIS reality

The ISIS reality

Sunni insurgents led by the Islamic State of Iraq and the Levant (ISIS) have emerged a formidable challenge for US President Barack Obama in particular. Surprisingly, for the outsiders the US trained and armed Iraqi troops abandoned their posts without pu
Published 31 Aug, 2014 12:00am
Power sector receivables

Power sector receivables

Apropos 'Power sector receivables hit Rs 534.04 billion mark' carried by Business Recorder yesterday, it is indeed a matter of grave alarm that the power sector receivables have touched Rs 534.047 billion mark as of July 2014 against Rs 512.909 bil
Published 31 Aug, 2014 12:00am
Ecuador women turn to boxing to fight sexual violence

Ecuador women turn to boxing to fight sexual violence

After surviving a harrowing rape attempt, Any Hurtado took up boxing - and found herself surrounded by other Ecuadoran women using their fists for protection in a country torn by sexual violence. Statistics paint a disturbing picture of the threats women
Published 31 Aug, 2014 12:00am
Poland on edge 75 years after Hitler and Stalin carved it up

Poland on edge 75 years after Hitler and Stalin carved it up

Poland marks the 75th anniversary of the outbreak of World War II Monday with one eye on Russia, which invaded it during the war and is now throwing its weight around in neighbouring Ukraine. From the very first German shells fired at a Polish fort in Gda
Published 31 Aug, 2014 12:00am
Germany's 'Sir Vival' pushes limits of extreme travel

Germany's 'Sir Vival' pushes limits of extreme travel

He has crossed deserts, jungles and oceans alone, wrestled pythons and survived 25 armed robberies - in his native Germany, veteran adventurer Ruediger Nehberg is better known as "Sir Vival". At age 79, the globetrotter looks back at a life spent in some
Published 31 Aug, 2014 12:00am
Prime Minister's Tajikistan visit

Prime Minister's Tajikistan visit

As part of this country's much cherished desire to enhance engagement with Central Asia, Prime Minister Nawaz Sharif in June embarked on a two-day visit to Tajikistan where he signed five MoUs/agreements with his host, President Emomali Rahmon Sharipovich
Published 31 Aug, 2014 12:00am
For a lasting ceasefire

For a lasting ceasefire

In modern times no people have paid such a high price to defend their freedom and way of life as have the Gazans; and they have won against one of history's ultra-sadist killing machines, Israel. Finally getting the message that its seven-week-long brutal
Published 31 Aug, 2014 12:00am
It couldn't be timelier

It couldn't be timelier

But for the looming threat posed by so-called Islamic State of Iraq and Syria (ISIS) the most intractable rivals in the Middle East, Saudi Arabia and Iran, may have persevered in their positions of antagonistic policies and hostile posturing on myriad reg
Published 31 Aug, 2014 12:00am
Promoting high resistant crops: speakers call for ensuring food security

Promoting high resistant crops: speakers call for ensuring food security

Speakers have called for ensuring food security by promoting high resistant crops in order to utilise maximum land resources. Addressing stakeholders workshop "Production and marketing aspects of Quinoa in Pakistan" arrange by Department of Crop Physiolog
Published 31 Aug, 2014 12:00am
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