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Print - 2014-09-25
As risks multiply, NGOs reassess security in Middle East

As risks multiply, NGOs reassess security in Middle East

Aid agencies are tightening security measures in the Middle East and increasingly outsourcing work to local organisations to limit their exposure to multiplying risks across the region. Most if not all international NGOs had already stopped sending expatr
Published 25 Sep, 2014 12:00am
Hungary passes new law helping borrowers, hitting banks

Hungary passes new law helping borrowers, hitting banks

Hungary's parliament adopted a law on Wednesday compelling banks to pay compensation of about 3.2 billion euros ($4.1 billion) to borrowers hit by past interest rate hikes on loans deemed unfair by authorities. The legislation was backed by 167 lawmakers
Published 25 Sep, 2014 12:00am
No more patients under Ebola surveillance in Nigeria: official

No more patients under Ebola surveillance in Nigeria: official

Nigeria has cleared all patients under surveillance for the Ebola virus, the federal health ministry said on Wednesday. "There is nobody again under surveillance for the Ebola virus in any part of Nigeria. All those under surveillance have completed their
Published 25 Sep, 2014 12:00am
One day, T20 squads for Australian series announced

One day, T20 squads for Australian series announced

Batsman Younis Khan, opener Sharjeel Khan and the fast bowler Mohammad Talha have been dropped while wicketkeeper Sarfraz Ahmed has been called back, as Pakistan announced the squads for the upcoming ODI and T20 cricket series with Australia, starting in
Published 25 Sep, 2014 12:00am
Atapattu to coach Sri Lanka for World Cup

Atapattu to coach Sri Lanka for World Cup

Sri Lanka Cricket on Wednesday appointed former Test captain Marvan Atapattu as head coach to prepare for the 2015 World Cup hosted by Australia and New Zealand. Atapattu, 43, becomes the island nation's seventh coach in the last four years and is the fir
Published 25 Sep, 2014 12:00am
Sharapova crashes, Kvitova through in Wuhan

Sharapova crashes, Kvitova through in Wuhan

Fourth seed Maria Sharapova crashed out of the $2.4 million WTA Wuhan Open in two sets Wednesday, while Wimbledon champion Petra Kvitova and world number seven Caroline Wozniacki made the quarter-finals. Sharapova was defeated by Timea Bacsinszky in a tig
Published 25 Sep, 2014 12:00am
Cook to lead England at World Cup, upcoming Sri Lanka series

Cook to lead England at World Cup, upcoming Sri Lanka series

England captain Alastair Cook will lead the side at next year's World Cup in Australia and New Zealand after being named Wednesday as skipper for an upcoming one-day international series in Sri Lanka on Wednesday. He (Cook) will be our leader at the World
Published 25 Sep, 2014 12:00am
Logo for cricket series against Australia unveiled

Logo for cricket series against Australia unveiled

Pakistan Cricket Board (PCB) on Wednesday announced title, presenting and other sponsors and also unveiled the logo for the home series against Australia commencing in the first week of October 2014 in the UAE. The title sponsors for the series are: Haier
Published 25 Sep, 2014 12:00am
Ebola-hit Guinea, Sierra Leone get 'home' venues

Ebola-hit Guinea, Sierra Leone get 'home' venues

Guinea and Sierra Leone will host 2015 Africa Cup of Nations matchday 3 qualifiers in Morocco and Cameroon because of the Ebola epidemic, the organisers said Wednesday. A Confederation of African Football (CAF) statement said Guinea would play Ghana on Oc
Published 25 Sep, 2014 12:00am
Hagino stars but China rule the pool

Hagino stars but China rule the pool

Japan's Kosuke Hagino won his fourth swimming gold but China ruled the pool as they shot out to a big lead on the medals table at the Asian Games on Wednesday. Hagino, 20, put in a strong final freestyle leg to add the 400 metres medley to his 200m medley
Published 25 Sep, 2014 12:00am
Mongolian bags historic shooting gold

Mongolian bags historic shooting gold

Narantuya Chuluunbadrakh became the first Mongolian to win an Asian Games shooting gold medal when she clinched the women's 50m rifle prone title on Wednesday. The 29-year-old from Ulaanbaatar finished the final with 624.1 points, just four off the world
Published 25 Sep, 2014 12:00am
Qatar quits basketball over headscarf ban

Qatar quits basketball over headscarf ban

Qatar on Wednesday withdrew their women's basketball team from the Asian Games just before their first match over a rule banning Muslim headscarves. Qatar and the Olympic Council of Asia (OCA) hit out at the International Basketball Federation (FIBA) rule
Published 25 Sep, 2014 12:00am
Taiwan beat China for tennis title

Taiwan beat China for tennis title

Taiwan's Grand Slam-winning doubles star Hsieh Su-wei helped her team to gold in the Asian Games tennis final on Wednesday with victory over rivals China. Reigning French Open women's doubles champion Hsieh lost her singles rubber to former Wimbledon semi
Published 25 Sep, 2014 12:00am
Suarez scores first Barcelona goals

Suarez scores first Barcelona goals

Luis Suarez scored his first two goals for Barcelona in the humble surroundings of the club's training ground as an experimental Barca B side beat an Indonesia under-19 team 6-0 on Wednesday. The Uruguayan is a month away from being allowed to play in a c
Published 25 Sep, 2014 12:00am
Sterling climbs to near two-year high versus euro

Sterling climbs to near two-year high versus euro

Sterling rose to near a two-year high against the euro on Wednesday with investors focusing on the British economy and the contrasting monetary policy outlooks between the euro zone and Britain. Bank of England Governor Mark Carney is to give a speech in
Published 25 Sep, 2014 12:00am
Indian rupee hits one-week low

Indian rupee hits one-week low

The Indian rupee fell to its weakest in nearly a week after the cancellation of coal blocks allocated to companies raised concerns that more coal would be imported, but the currency then recovered to end almost flat for the day on dollar sales from custod
Published 25 Sep, 2014 12:00am
'First half-yearly instalment issued to 44 hospitals'

'First half-yearly instalment issued to 44 hospitals'

Provincial Minister for Zakat and Ushr Malik Nadeem Kamran said the first half-yearly instalment of Rs 124.4 millions has been issued to 44 hospitals of the province for the provision of treatment facilities to the deserving patients and cheques have been
Published 25 Sep, 2014 12:00am
ISE index down by 57.56 points

ISE index down by 57.56 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Wednesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 57.56 points as the ISE Ten Index moved from 4,538.30 to 4,480.74 points. The
Published 25 Sep, 2014 12:00am
LSE index declines by 44.33 points

LSE index declines by 44.33 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday where equities moved both ways and finally settled in green zone amid ascending transaction volume. However, the LSE-25 index was declined by 44.33 points to close at 5406.28 against 545
Published 25 Sep, 2014 12:00am
LSE index declines by 44.33 points

LSE index declines by 44.33 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday where equities moved both ways and finally settled in green zone amid ascending transaction volume. However, the LSE-25 index was declined by 44.33 points to close at 5406.28 against 545
Published 25 Sep, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (September 24, 2014).

Published 25 Sep, 2014 12:00am
Snowden, Asma Jehangir win Swedish rights prize

Snowden, Asma Jehangir win Swedish rights prize

Fugitive US intelligence agent Edward Snowden was jointly awarded a Swedish human rights award on Wednesday for "revealing the unprecedented extent of state surveillance", the prize's organisers said. The Right Livelihood Honorary Prize is awarded annuall
Published 25 Sep, 2014 12:00am
Snowden, Asma Jehangir win Swedish rights prize

Snowden, Asma Jehangir win Swedish rights prize

Fugitive US intelligence agent Edward Snowden was jointly awarded a Swedish human rights award on Wednesday for "revealing the unprecedented extent of state surveillance", the prize's organisers said. The Right Livelihood Honorary Prize is awarded annuall
Published 25 Sep, 2014 12:00am
India beats Asia to Mars as spacecraft enters orbit

India beats Asia to Mars as spacecraft enters orbit

India won Asia's race to Mars on Wednesday when its unmanned Mangalyaan spacecraft successfully entered the Red Planet's orbit after a 10-month journey on a tiny budget. Scientists at mission control let out wild cheers and applause after the gold-coloure
Published 25 Sep, 2014 12:00am
India beats Asia to Mars as spacecraft enters orbit

India beats Asia to Mars as spacecraft enters orbit

India won Asia's race to Mars on Wednesday when its unmanned Mangalyaan spacecraft successfully entered the Red Planet's orbit after a 10-month journey on a tiny budget. Scientists at mission control let out wild cheers and applause after the gold-coloure
Published 25 Sep, 2014 12:00am
THE RUPEE: slight fluctuations

THE RUPEE: slight fluctuations

The rupee fell slightly against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee shed four-paisa in terms of the dollar for buying and selling at Rs 102.76 and Rs 102.78 respectively, they said.
Published 25 Sep, 2014 12:00am
THE RUPEE: slight fluctuations

THE RUPEE: slight fluctuations

The rupee fell slightly against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee shed four-paisa in terms of the dollar for buying and selling at Rs 102.76 and Rs 102.78 respectively, they said.
Published 25 Sep, 2014 12:00am
Frustration growing among 34,000 affected students

Frustration growing among 34,000 affected students

With thousands of police using classrooms as makeshift barracks between nightly deployments to parliament, students in Pakistan's protest-hit capital Islamabad have been forced to put their academic dreams on hold. Police have been called in from around t
Published 25 Sep, 2014 12:00am
Frustration growing among 34,000 affected students

Frustration growing among 34,000 affected students

With thousands of police using classrooms as makeshift barracks between nightly deployments to parliament, students in Pakistan's protest-hit capital Islamabad have been forced to put their academic dreams on hold. Police have been called in from around t
Published 25 Sep, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 24, 2014).

Published 25 Sep, 2014 12:00am
PTI minister disqualified

PTI minister disqualified

An election tribunal on Wednesday disqualified Pakistan Tehreek-i-Insaf (PTI) provincial minister for agriculture Ikramullah Gandapur for holding a fake degree and recommend to Election Commission of Pakistan to conduct a fresh election on PK-67 Dera Isma
Published 25 Sep, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 24, 2014).

Published 25 Sep, 2014 12:00am
PTI minister disqualified

PTI minister disqualified

An election tribunal on Wednesday disqualified Pakistan Tehreek-i-Insaf (PTI) provincial minister for agriculture Ikramullah Gandapur for holding a fake degree and recommend to Election Commission of Pakistan to conduct a fresh election on PK-67 Dera Isma
Published 25 Sep, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (September 24, 2014).

Published 25 Sep, 2014 12:00am
OGDCL divestment: government to press ahead with planned roadshows

OGDCL divestment: government to press ahead with planned roadshows

The government has decided to press ahead with planned roadshows for sale of Oil and Gas Development Company Limited (OGDCL) shares to raise about $850 million, amidst serious challenge to the privatisation policy in the face of a deepening political cris
Published 25 Sep, 2014 12:00am
OGDCL divestment: government to press ahead with planned roadshows

OGDCL divestment: government to press ahead with planned roadshows

The government has decided to press ahead with planned roadshows for sale of Oil and Gas Development Company Limited (OGDCL) shares to raise about $850 million, amidst serious challenge to the privatisation policy in the face of a deepening political cris
Published 25 Sep, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 24, 2014)

Published 25 Sep, 2014 12:00am
OGDCL divestment: government to press ahead with planned roadshows

OGDCL divestment: government to press ahead with planned roadshows

The government has decided to press ahead with planned roadshows for sale of Oil and Gas Development Company Limited (OGDCL) shares to raise about $850 million, amidst serious challenge to the privatisation policy in the face of a deepening political cris
Published 25 Sep, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (September 24, 2014) and for Thursday (September 25, 2014).
Published 25 Sep, 2014 12:00am
FC raids Shahzain Bugti's residence, seizes arms

FC raids Shahzain Bugti's residence, seizes arms

Frontier Constab-ulary (FC) personnel on a tip-off conducted an overnight raid at Shahzain Bugti's house in Quetta, sources said. A heavy contingent of security forces conducted search of Bugti's residence and recovered heavy arms, including rocket launch
Published 25 Sep, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 24, 2014).

Published 25 Sep, 2014 12:00am
FC raids Shahzain Bugti's residence, seizes arms

FC raids Shahzain Bugti's residence, seizes arms

Frontier Constab-ulary (FC) personnel on a tip-off conducted an overnight raid at Shahzain Bugti's house in Quetta, sources said. A heavy contingent of security forces conducted search of Bugti's residence and recovered heavy arms, including rocket launch
Published 25 Sep, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 25 Sep, 2014 12:00am
ECP convenes meeting on September 26

ECP convenes meeting on September 26

The Election Commission of Pakistan (ECP) has convened a meeting on Friday to take up the issues related to electoral reforms. The ECP has also initiated work on the use of biometric machines and electronic voting machines. Besides, it will review the cla
Published 25 Sep, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 25 Sep, 2014 12:00am
Naval Chief meets chief minister Punjab

Naval Chief meets chief minister Punjab

Chief of the Naval Staff Admiral Muhammad Asif Sandila met Punjab Chief Minister Muhammad Shahbaz Sharif, here Wednesday. During the meeting, matters of mutual interest and professional activities came under discussion.
Published 25 Sep, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 24, 2014).

Published 25 Sep, 2014 12:00am
Qadri criticises Nawaz for 'lavish spending' on US trip

Qadri criticises Nawaz for 'lavish spending' on US trip

Pakistan Awami Tehreek (PAT) Chief Dr Tahir-ul-Qadri on Wednesday criticised Prime Minister Nawaz Sharif for spending huge amount of public money on his current visit to New York to attend United Nations (UN) General Assembly session.
Published 25 Sep, 2014 12:00am
The Weather

The Weather

The weather report on Wednesday (September 24, 2014) and the forecast for Thursday (September 25, 2014).

Published 25 Sep, 2014 12:00am
Pakistan condemns drone strike

Pakistan condemns drone strike

Pakistan has condemned the latest US drone strike in North Waziristan, terming it as a violation of its sovereignty and territorial integrity. "The government of Pakistan condemns the incident of US drone strike that took place in Datta Khel, North Waziri
Published 25 Sep, 2014 12:00am
LHC returns incomplete PAT petition

LHC returns incomplete PAT petition

The Lahore High Court here on Wednesday returned the petition seeking arrest of all nominated suspects in the FIR of Minhajul Quran over the Model Town incident and directed the petitioner to affix necessary documents with the file, including copy of the
Published 25 Sep, 2014 12:00am
Metro project marred by sit-ins

Metro project marred by sit-ins

Metro Bus Project has been delayed due to sit-ins of Pakistan Tehreek-e-Insaaf (PTI) and Pakistan Awami Tehreek (PAT) at D-Chock Islamabad while business community and commuters are suffering from road blocks in twin cities owing to construction work on t
Published 25 Sep, 2014 12:00am
Regional Surveillance, Epidemic Response body formed

Regional Surveillance, Epidemic Response body formed

Principal PGMI and Lahore General Hospital (LGH) Professor Anjum Habib Vohra has constituted Regional Surveillance and Epidemic Response Committee for Ameer ud Din Medical College and LGH. The main purpose of the committee is to conduct research and explo
Published 25 Sep, 2014 12:00am
Import of old vehicles: 'Car mafia' misusing Baggage Scheme

Import of old vehicles: 'Car mafia' misusing Baggage Scheme

Federal Board of Revenue (FBR) seemed least interested in taking any action against owners of car showrooms allegedly involved in importing vehicles in the country under the 'Baggage Scheme', thereby creating problems for local auto industry, it emerged o
Published 25 Sep, 2014 12:00am
National Assembly Speaker for strengthening Pak-Bahrain relations

National Assembly Speaker for strengthening Pak-Bahrain relations

Speaker National Assembly Sardar Ayaz Sadiq has underlined the need to strengthen the existing relations between Pakistan and Bahrain through enhancing parliamentary interaction. He said that regular interaction between executive, parliamentary and busine
Published 25 Sep, 2014 12:00am
Punjab government, Yantie city of China sign two MoUs

Punjab government, Yantie city of China sign two MoUs

Two Memoran-dums of Understandings (MoUs) were signed between the Punjab government and Yantie, industrial city of Chinese province Shandong, here on Wednesday. Punjab Chief Minister Muhammad Shahbaz Sharif was the chief guest on the occasion. Under the a
Published 25 Sep, 2014 12:00am
Durrani inaugurates EDMS, GIS system

Durrani inaugurates EDMS, GIS system

Federal Minister for Housing and Works Akram Khan Durrani here on Wednesday inaugurated Electronic Document Management System (EDMS) and Geographical Information System (GIS) in Estate and technical Wings of Federal Government Employees Housing Foundation
Published 25 Sep, 2014 12:00am
Rangers raid MQM office in Karachi

Rangers raid MQM office in Karachi

Paramilitary rangers force conducted a raid at an office of Muttahida Qaumi Movement (MQM) here late Wednesday night, according to private TV channel reported. MQM has confirmed that Rangers raided a sector office on Abul Hasan Isfahani Road. In a stateme
Published 25 Sep, 2014 12:00am
CM orders draining of flood water from fields

CM orders draining of flood water from fields

On the direction of Punjab Chief Minister Muhammad Shahbaz Sharif, steps are being taken on emergent basis for ensuring drainage of flood water from fields so that agricultural activities could be restored. This was stated by Secretary Irrigation Punjab C
Published 25 Sep, 2014 12:00am
14 Tax Facilitation Kiosks set up

14 Tax Facilitation Kiosks set up

Regional Tax Office (RTO), Lahore has established 14 Tax Facilitation Kiosks to guide and facilitate the taxpayers for filing Income Tax Returns and Statements for the Tax Year 2014. The managers of TFKs have been directed to ensure extension of full co-o
Published 25 Sep, 2014 12:00am
President lauds business community's role in development

President lauds business community's role in development

President Mamnoon Hussain on Wednesday while highlighting the key role of business community in national development said the government was making all out efforts to bolster economic prospects, trade and exports through various concerted initiatives.
Published 25 Sep, 2014 12:00am
Chinese investors want to initiate joint ventures: LCCI told

Chinese investors want to initiate joint ventures: LCCI told

Chinese investors have shown their keen interest in initiating joint ventures with their Pakistani counterparts. These views were expressed by Head of the 19-member Chinese delegation and Deputy Director General of Bureau of Foreign Trade & Economic Co-op
Published 25 Sep, 2014 12:00am
Disconnecting gas in winter to play havoc: APTMA chief

Disconnecting gas in winter to play havoc: APTMA chief

Chairman APTMA Punjab S M Tanveer said disconnecting gas supply in winter will play havoc with the textile industry, particularly in Punjab. Responding to the Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi regarding no gas for i
Published 25 Sep, 2014 12:00am
NESPAK takes up two uplift projects in Punjab

NESPAK takes up two uplift projects in Punjab

National Engineering Services Pakistan (Pvt) Limited (NESPAK), has started work on two key development projects in Punjab, it was learnt here on Wednesday. Strategic Planning Unit of Lahore Development Authority has entrusted NESPAK with the project "Feas
Published 25 Sep, 2014 12:00am
PIAF greets LCCI's elected executive body members

PIAF greets LCCI's elected executive body members

Pakistan Industrial and Traders Associations Front (PIAF) has congratulated the newly elected Executive Committee Members of the Lahore Chamber of Commerce and Industry (LCCI) and hoped that the newly elected body would utilise all their energies to come
Published 25 Sep, 2014 12:00am
Rs 15 billion to be distributed among Punjab flood victims: Minister

Rs 15 billion to be distributed among Punjab flood victims: Minister

The Chairman of the Cabinet Committee on Flood Relief and Punjab Minister for Environment, Colonel Shuja Khanzada (Retd), has said that an amount of Rs 15 billion will be distributed among 6,00,000 flood affectees at the rate of Rs 25,000 per family. He s
Published 25 Sep, 2014 12:00am
UHS issues MBBS, BDS exam schedule

UHS issues MBBS, BDS exam schedule

University of Health Sciences (UHS) has notified the schedule of annual professional examinations of MBBS and BDS for its affiliated medical and dental college. This schedule will be applicable on 33 medical and 11 dental colleges in both public and priva
Published 25 Sep, 2014 12:00am
Cabinet decisions

Cabinet decisions

The Federal Cabinet took three momentous decisions: lifting ban on public sector jobs, release of first instalment of flood compensation to each affected family by Eid and a forensic audit of electricity bills to quantify the incidence of over-billing. Th
Published 25 Sep, 2014 12:00am
Afghan power-sharing deal

Afghan power-sharing deal

Thanks to the mediatory efforts of the US and the UN, a prolonged stand-off between Ashraf Ghani and Abdullah Abdullah over last April's presidential election was resolved on Sunday with the two leaders signing a unity government agreement. It may be reca
Published 25 Sep, 2014 12:00am
The news that's unfit to lead headlines

The news that's unfit to lead headlines

The manner in which the news of latest army promotions and postings hit the print and electronic media headlines says something about the state of democracy in this country. Five two-star generals, we are informed, have been promoted to three-star rank. O
Published 25 Sep, 2014 12:00am
Compulsory convertible debenture and their status under income tax laws

Compulsory convertible debenture and their status under income tax laws

Convertible Debenture is a type of loan issued by a company that can be converted into stock by the holder and, under certain circumstances, the issuer of the bond. By adding the convertibility option the issuer pays a lower interest rate on the loan comp
Published 25 Sep, 2014 12:00am
Japan's bullet train hits half century

Japan's bullet train hits half century

Fifty years ago, the first bullet train pulled out of Tokyo station and hurtled across the countryside, heralding Japan's arrival as a modern economic powerhouse with a transport system soon to become the envy of the world. Less than two decades after a b
Published 25 Sep, 2014 12:00am
The other 'what ifs'

The other 'what ifs'

On September 18, India's High Commissioner Dr TCA Raghavan addressed a gathering of the English Speaking Union of Pakistan in Karachi. Quite appropriately, his speech focused on 'Current trend in Indo-Pak Relations', and its contents were widely covered b
Published 25 Sep, 2014 12:00am
Prime Minister arrives in New York

Prime Minister arrives in New York

Prime Minister Nawaz Sharif flew into New York Wednesday afternoon to lead Pakistan's delegation to the 69th UN General Assembly session, during which he will highlight Pakistan's position on international issues and hold a series of bilateral meetings wi
Published 25 Sep, 2014 12:00am
Rasheed Janmohammad elected BQATI President

Rasheed Janmohammad elected BQATI President

Elections for the Managing Committee of Bin Qasim Association of Trade and Industry (BQATI) for the term of 2014-16 were held with the closing date, the following candidates have been declared elected unopposed as Members of the Managing Committee. The Ma
Published 25 Sep, 2014 12:00am
PML-Q demands formation of 'national government'

PML-Q demands formation of 'national government'

Pakistan Muslim League-Q (PML-Q) President Chaudhry Shujaat Hussain has said his party demanded the formation of a 'national government' comprising all parties, including PML-N, to "solve the recurring political problems" immediately. He was responding to
Published 25 Sep, 2014 12:00am
Europe-wide organised crime sweep nets 1,000 suspects

Europe-wide organised crime sweep nets 1,000 suspects

European police made more than 1,000 arrests in a 10-day, continent-wide sweep against organised crime this month that netted suspected people traffickers and cocaine smugglers, law enforcement officials said on Wednesday. The operation was carried out in
Published 25 Sep, 2014 12:00am
CJP seeks comments on appointment of Drug Court chief

CJP seeks comments on appointment of Drug Court chief

The Chief Justice of Pakistan Nasirul Mulk on Wednesday sought comments of the federal law secretary on the appointment of Dr Faaiz Ali Syed as Chairman Drug Court Islamabad. The sources told Business Recorder that the Chief Justice took notice of
Published 25 Sep, 2014 12:00am
CDNS asked to make its schemes more competitive

CDNS asked to make its schemes more competitive

Finance Minister Ishaq Dar on Wednesday directed the Central Directorate of National Savings (CDNS) to make its schemes more competitive and ensure facilitating customers. Chairing a meeting held to review the overall working and functioning of CDNS, Dar
Published 25 Sep, 2014 12:00am
Overall law and order in Karachi satisfactory: IGP

Overall law and order in Karachi satisfactory: IGP

Inspector General Police (IGP) Sindh, Ghulam Haider Jamali, has said that overall law and order situation in Karachi is satisfactory. The IGP said that there was no major incident in Karachi, while several criminals had been killed and arrested. "Several
Published 25 Sep, 2014 12:00am
Rubber hits five-year low

Rubber hits five-year low

Tokyo rubber futures hit a fresh 5-year low on Wednesday on persistent fears of weak demand from China and falling oil prices, dealers said. The Tokyo Commodity Exchange rubber contract for February delivery slipped 0.1 yen to settle at 183.4 yen per kg.
Published 25 Sep, 2014 12:00am
Brent rebounds, US crude gains as spread dips below $4

Brent rebounds, US crude gains as spread dips below $4

Crude oil futures on both sides of the Atlantic settled higher on Wednesday, shrugging off early losses after a report showed an unexpected drawdown in crude oil inventories in the United States, the world's largest oil consumer. Mounting tensions in the
Published 25 Sep, 2014 12:00am
Nickel up, copper down

Nickel up, copper down

Nickel rose on Wednesday as investors saw a recent slide in prices as a buying opportunity ahead of expected shortages, while copper recovered after hitting a fresh three-month low as uncertainly about global growth weighed on markets.
Published 25 Sep, 2014 12:00am
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