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Sep 23, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-10-05
Swiss CG sees more FDI in Pakistan

Swiss CG sees more FDI in Pakistan

"All the major cities of Pakistan still offer several business opportunities, which if rightly tapped can give a boost to the national economy," said Emil Wyss, the Consul General of Switzerland in Karachi while visiting the Hyderabad Chamber of Commerce
Published 05 Oct, 2014 12:00am
TTP seeks to forge alliance with IS

TTP seeks to forge alliance with IS

Tehrik-e-Taliban Pakistan (TTP) declared allegiance to Islamic State on Saturday and ordered militants across the region to help the Middle Eastern jihadist group in its campaign to set up a global Islamic caliphate. Islamic State, which controls swathes
Published 05 Oct, 2014 12:00am
TTP seeks to forge alliance with IS

TTP seeks to forge alliance with IS

Tehrik-e-Taliban Pakistan (TTP) declared allegiance to Islamic State on Saturday and ordered militants across the region to help the Middle Eastern jihadist group in its campaign to set up a global Islamic caliphate. Islamic State, which controls swathes
Published 05 Oct, 2014 12:00am
Six killed in Kohat blast

Six killed in Kohat blast

At least six people, including a child, were killed and twelve others sustained injuries in a bomb explosion on a bus stand in Kohat district on Saturday. A bomb planted by unknown miscreants at the Suzuki stand in Peshawar Chowk went off when passengers
Published 05 Oct, 2014 12:00am
Six killed in Kohat blast

Six killed in Kohat blast

At least six people, including a child, were killed and twelve others sustained injuries in a bomb explosion on a bus stand in Kohat district on Saturday. A bomb planted by unknown miscreants at the Suzuki stand in Peshawar Chowk went off when passengers
Published 05 Oct, 2014 12:00am
Two women among five killed in Hazara Community blast

Two women among five killed in Hazara Community blast

As many as five people were killed and scores of others wounded when a bomber detonated his suicide vest in militancy-hit Hazara Town of Quetta on Saturday, police say. Two women were also among the victims. Reports that the blast took place near a girl's
Published 05 Oct, 2014 12:00am
Two women among five killed in Hazara Community blast

Two women among five killed in Hazara Community blast

As many as five people were killed and scores of others wounded when a bomber detonated his suicide vest in militancy-hit Hazara Town of Quetta on Saturday, police say. Two women were also among the victims. Reports that the blast took place near a girl's
Published 05 Oct, 2014 12:00am
Allies hit IS near Syrian Kurdish town

Allies hit IS near Syrian Kurdish town

A US-led coalition has carried out new air strikes against Islamic State group jihadists laying siege to a key Kurdish town on the Syrian-Turkish border, where fighting raged on Saturday. The violence around Kobane came after IS released a new video showi
Published 05 Oct, 2014 12:00am
Allies hit IS near Syrian Kurdish town

Allies hit IS near Syrian Kurdish town

A US-led coalition has carried out new air strikes against Islamic State group jihadists laying siege to a key Kurdish town on the Syrian-Turkish border, where fighting raged on Saturday. The violence around Kobane came after IS released a new video showi
Published 05 Oct, 2014 12:00am
Top North, South Korean leaders hold talks

Top North, South Korean leaders hold talks

The two Koreas agreed to resume an abandoned formal dialogue Saturday as Pyongyang's second most powerful man led a delegation on the highest-level visit to the South for years. The surprise trip was ostensibly made to attend Saturday's closing ceremony o
Published 05 Oct, 2014 12:00am
Top North, South Korean leaders hold talks

Top North, South Korean leaders hold talks

The two Koreas agreed to resume an abandoned formal dialogue Saturday as Pyongyang's second most powerful man led a delegation on the highest-level visit to the South for years. The surprise trip was ostensibly made to attend Saturday's closing ceremony o
Published 05 Oct, 2014 12:00am
PPP worker killed

PPP worker killed

Unknown armed men killed a worker of Pakistan Peoples' Party (PPP) Abdul Qadir Baloch near Safari Park, Karachi on Saturday, a private TV news channel reported. Following the incident, tension and chaos prevailed in the area as protesters came out on stre
Published 05 Oct, 2014 12:00am
Poll in PS-22 declared null and void

Poll in PS-22 declared null and void

An election tribunal on Saturday declared election in Sindh Assembly's constituency PS-22 Nowsheroferoze as null and void for massive rigging and ordered re-election in the constituency. Arif Mustafa Jatoi of National People's Party (NPP) had challenged P
Published 05 Oct, 2014 12:00am
Government bars relief goods to IHK

Government bars relief goods to IHK

Pakistan on Saturday barred activists from taking relief goods intended for flood victims to the border of Indian-occupied Kashmir, where delays in aid have created widespread anger among residents. The frustration has spread to Azad Jammu & Kashmir (AJK)
Published 05 Oct, 2014 12:00am
Government bars relief goods to IHK

Government bars relief goods to IHK

Pakistan on Saturday barred activists from taking relief goods intended for flood victims to the border of Indian-occupied Kashmir, where delays in aid have created widespread anger among residents. The frustration has spread to Azad Jammu & Kashmir (AJK)
Published 05 Oct, 2014 12:00am
Siemens may close some energy plants amid low margins

Siemens may close some energy plants amid low margins

German industrial conglomerate Siemens expects low profit margins at its energy division in the next couple of years and could close some factories as a result, the head of the division told the Boersen-Zeitung newspaper. Lisa Davis said the company was r
Published 05 Oct, 2014 12:00am
Siemens may close some energy plants amid low margins

Siemens may close some energy plants amid low margins

German industrial conglomerate Siemens expects low profit margins at its energy division in the next couple of years and could close some factories as a result, the head of the division told the Boersen-Zeitung newspaper. Lisa Davis said the company was r
Published 05 Oct, 2014 12:00am
Siemens may close some energy plants amid low margins

Siemens may close some energy plants amid low margins

German industrial conglomerate Siemens expects low profit margins at its energy division in the next couple of years and could close some factories as a result, the head of the division told the Boersen-Zeitung newspaper. Lisa Davis said the company was r
Published 05 Oct, 2014 12:00am
Woman has baby after womb transplant in world first

Woman has baby after womb transplant in world first

A 36-year-old Swede has become the world's first woman to give birth after receiving a womb transplant, doctors said Saturday, describing the event as a breakthrough for infertile women. "It was breathtaking. I think all of us felt that," surgeon Liza Joh
Published 05 Oct, 2014 12:00am
Woman has baby after womb transplant in world first

Woman has baby after womb transplant in world first

A 36-year-old Swede has become the world's first woman to give birth after receiving a womb transplant, doctors said Saturday, describing the event as a breakthrough for infertile women. "It was breathtaking. I think all of us felt that," surgeon Liza Joh
Published 05 Oct, 2014 12:00am
May 2013 elections challenged in Supreme Court

May 2013 elections challenged in Supreme Court

In what may prove to be a significant development, the whole election process of the last year has been challenged in the Supreme Court of Pakistan. A constitutional petition, which is filed by former Justice Mehmood Akhtar, is praying the court to declar
Published 05 Oct, 2014 12:00am
May 2013 elections challenged in Supreme Court

May 2013 elections challenged in Supreme Court

In what may prove to be a significant development, the whole election process of the last year has been challenged in the Supreme Court of Pakistan. A constitutional petition, which is filed by former Justice Mehmood Akhtar, is praying the court to declar
Published 05 Oct, 2014 12:00am
Demand for mid-term polls constitutional: Raja

Demand for mid-term polls constitutional: Raja

Former Prime Minister and Pakistan People's Party leader Raja Pervaiz Ashraf has termed the demand of mid-term elections legal and constitutional. "We are 100 percent sure that general elections2013 were rigged in Punjab. We supported the Parliament for i
Published 05 Oct, 2014 12:00am
Demand for mid-term polls constitutional: Raja

Demand for mid-term polls constitutional: Raja

Former Prime Minister and Pakistan People's Party leader Raja Pervaiz Ashraf has termed the demand of mid-term elections legal and constitutional. "We are 100 percent sure that general elections2013 were rigged in Punjab. We supported the Parliament for i
Published 05 Oct, 2014 12:00am
PML-N Vs PTIL: NA-149 by-poll a litmus test for electoral strength

PML-N Vs PTIL: NA-149 by-poll a litmus test for electoral strength

The NA-149 (Multan-II) by-election, scheduled for October 16, is being viewed as a litmus test for the electoral strength of Pakistan Muslim League-Nawaz (PML-N) versus Pakistan Tehreek-e-Insaf (PTI). The seat was vacated by Javed Hashmi. In an anecdotal
Published 05 Oct, 2014 12:00am
PML-N Vs PTIL: NA-149 by-poll a litmus test for electoral strength

PML-N Vs PTIL: NA-149 by-poll a litmus test for electoral strength

The NA-149 (Multan-II) by-election, scheduled for October 16, is being viewed as a litmus test for the electoral strength of Pakistan Muslim League-Nawaz (PML-N) versus Pakistan Tehreek-e-Insaf (PTI). The seat was vacated by Javed Hashmi. In an anecdotal
Published 05 Oct, 2014 12:00am
PPP won't brook any anti-democracy conspiracy: Zardari

PPP won't brook any anti-democracy conspiracy: Zardari

Former president Asif Ali Zardari on Saturday said that the agenda of 'anarchists' will never succeed, adding that Pakistan People's Party (PPP) will not compromise on supremacy of democracy and democratic institutions. He was presiding over a meeting of
Published 05 Oct, 2014 12:00am
PPP won't brook any anti-democracy conspiracy: Zardari

PPP won't brook any anti-democracy conspiracy: Zardari

Former president Asif Ali Zardari on Saturday said that the agenda of 'anarchists' will never succeed, adding that Pakistan People's Party (PPP) will not compromise on supremacy of democracy and democratic institutions. He was presiding over a meeting of
Published 05 Oct, 2014 12:00am
Vote rigging allegations: Ramday sends legal notice to Imran

Vote rigging allegations: Ramday sends legal notice to Imran

Former judge of the Supreme Court Justice Khalil-ur-Rehman Ramday on Saturday served a legal notice to Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan over vote rigging allegations. In his notice, Ramday stated that allegations levelled against him are ba
Published 05 Oct, 2014 12:00am
Vote rigging allegations: Ramday sends legal notice to Imran

Vote rigging allegations: Ramday sends legal notice to Imran

Former judge of the Supreme Court Justice Khalil-ur-Rehman Ramday on Saturday served a legal notice to Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan over vote rigging allegations. In his notice, Ramday stated that allegations levelled against him are ba
Published 05 Oct, 2014 12:00am
Eid-ul-Azha celebrated in Saudi Arabia, Europe, USA, Gulf countries

Eid-ul-Azha celebrated in Saudi Arabia, Europe, USA, Gulf countries

Millions of Muslims in Saudi Arabia, Iraq, United Arab Emirates, USA, England and other Gulf countries celebrated Eid-ul-Azha with religious zeal and fervour on Saturday. Thousands of Muslims offered their Eid prayers at Masjid al-Haram and Masjid-e-Nabvi
Published 05 Oct, 2014 12:00am
Two criminals escape from custody; eight cops held

Two criminals escape from custody; eight cops held

Two dangerous criminals escaped from police station along with handcuffs here on Friday night. According to detail, two notorious criminals Abdul Ghani alias Ghani Phulpoto and Dado Phulpoto escaped from the lock-up of C-section police station Khairpur al
Published 05 Oct, 2014 12:00am
Special counter set up for polio drive

Special counter set up for polio drive

Special counter has been established in Lahore General Hospital for October 6 to 8 where polio vaccine drops would be given to the persons travelling abroad and issued certificates from 8.00 am to 3.00 pm. Principal Post Graduate Medical Institute Profess
Published 05 Oct, 2014 12:00am
Imran predicts mid-term polls before next Eid

Imran predicts mid-term polls before next Eid

Pakistan Tehreek-e-Insaf Chairman Imran Khan on Saturday predicted mid-term elections before next Eid, adding that his party would form the government. Addressing his supporters at Azadi Square in front of the Parliament House on 52nd day of the dharna, I
Published 05 Oct, 2014 12:00am
Green Skill Project: WWF-Pak distributes toolkits among poor farmers

Green Skill Project: WWF-Pak distributes toolkits among poor farmers

World Wide Fund for Nature-Pakistan (WWF-P) through its Green Skills Project held a ceremony to distribute farmer toolkits and veterinary toolkits among less privileged farming families. The ceremony was held at Jinnah Hall, Khanewal where approximately 6
Published 05 Oct, 2014 12:00am
Saad accuses PTI workers of harassing people

Saad accuses PTI workers of harassing people

Federal Minister for Railways Khawaja Saad Rafique on Saturday said that PTI Chairman Imran Khan and PAT chief Allama Tahir-ul-Qadri would contest the local government elections in the name of revolution and independence. Speaking to media, Rafique said '
Published 05 Oct, 2014 12:00am
2nd & 3rd days of Eid: no gas for Punjab CNG sector: SNGC

2nd & 3rd days of Eid: no gas for Punjab CNG sector: SNGC

Sui Northern Gas Company (SNGC) has excused itself to provide gas to the CNG sectors of Punjab on the second and third day of Eid-ul-Azha. According to SNGC, Qadirpur Gas Field is closed for annual maintenance work due to which there is low supply of gas
Published 05 Oct, 2014 12:00am
18 October rally to show PPP still largest party: Zardari

18 October rally to show PPP still largest party: Zardari

Co-Chairman of Pakistan People's Party (PPP) Asif Ali Zardari said on Saturday the rally of October 18 will show that the PPP was still the largest political party of the country. In a statement issued from Lahore, Asif Ali Zardari has advised party worke
Published 05 Oct, 2014 12:00am
Bohra community celebrates Eid

Bohra community celebrates Eid

Members of the Dawoodi Bohra Jamaat had celebrated Eid-ul-Azha in Karachi on Saturday. The main congregation of Eid prayers was held in Tahiri Majid in Saddar area. Later, the members of the community performed qurbani of the sacrificial animals. On the o
Published 05 Oct, 2014 12:00am
Dengue surveillance activities to continue during Eid holidays

Dengue surveillance activities to continue during Eid holidays

In the wake of threat of dengue outbreak, the government has asked all concerned departments to be more vigilant and continue dengue surveillance activities during Eid ul Azha holidays. As many as 161 confirmed dengue patients have been reported during cu
Published 05 Oct, 2014 12:00am
JI chief concerned over growing miseries of IDPs

JI chief concerned over growing miseries of IDPs

Jamaat-e-Islami central Chief Siraj-ul-Haq has said that the problems being confronted by the Internally Displaced Persons (IDPs) from North Waziristan Agency, are getting grave, asked the government to ensure early repatriation of the displaced families
Published 05 Oct, 2014 12:00am
Suspension of gas & power: APTMA chief convenes AGM on October 13

Suspension of gas & power: APTMA chief convenes AGM on October 13

APTMA Central Chairman S M Tanveer has decided to convene the Annual General Meeting (AGM) on October 13, against electricity and gas supply suspension during Eid holidays. "Enough is enough," he asserted, saying that the industry is in trouble and the AP
Published 05 Oct, 2014 12:00am
Muzaffargarh, Multan: Shahbaz reviews payment process to flood victims

Muzaffargarh, Multan: Shahbaz reviews payment process to flood victims

Punjab Chief Minister Shahbaz Sharif visited payment centres set up in flood-hit areas of Muzaffargarh and Multan on Saturday and reviewed the process of payment of first instalment to the affectees. Talking to media during his visit to payment centre set
Published 05 Oct, 2014 12:00am
Robbers loot Rs 10 million from money exchange company

Robbers loot Rs 10 million from money exchange company

Unidentified robbers on Saturday took away some Rs 10 million from a money exchange company office located near Hassan Square in the jurisdiction of Aziz Bhatti police station here. According to police, the theft incident occurred during early hours of Sa
Published 05 Oct, 2014 12:00am
Sit-ins, protest part of democracy: Gilani

Sit-ins, protest part of democracy: Gilani

Former Prime Minister and Vice-Chairman Pakistan People's Party (PPP) Yousuf Raza Gilani said on Saturday that staging sit-ins and protest demonstrations were democratic right of every party and part of a democratic process. Talking to media after attendi
Published 05 Oct, 2014 12:00am
Qadri says Zardari is product of NRO

Qadri says Zardari is product of NRO

Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri on Saturday criticised Pakistan People's Party co-chairman Asif Ali Zardari, saying his (Zardari) politics is the product of National Reconciliation Order (NRO). Addressing participants of the sit-in cam
Published 05 Oct, 2014 12:00am
Danish Aman elected as chairman PLGMEA south zone

Danish Aman elected as chairman PLGMEA south zone

Danish Aman has been unanimously elected as chairman of PLGMEA (southern zone) for the year 2014-15 at PLGMEA office NILT Karachi. He has been active in the industry of leather garment manufacturing and export since his return from America after completin
Published 05 Oct, 2014 12:00am
One gunned down in Karachi

One gunned down in Karachi

One person was gunned down by unknown persons in Mangopir's Kanwari Colony here on Saturday. The body was shifted to Abbasi Shaheed Hospital (ASH) for medico-legal formalities. According to police and rescue sources, the deceased was identified as Aslam,
Published 05 Oct, 2014 12:00am
Seven injured in remote controlled blast in Quetta

Seven injured in remote controlled blast in Quetta

As many as seven people injured on Saturday in a remote controlled blast took place near a Cattle Market situated at Spini road area of Quetta. According to reports, the blast was carried out through a remote-controlled device targeting a vehicle of a sen
Published 05 Oct, 2014 12:00am
IOT training workshop concludes at SU

IOT training workshop concludes at SU

The first five-day training workshop as part of a series of a five-week-long different indigenous on campus training (IOT) workshops for Management Cadre (BPS-16 and above) ended on Saturday at the University of Sindh (SU) Jamshoro, here amidst rounds of
Published 05 Oct, 2014 12:00am
Philippines suspends work on South China Sea military airstrip

Philippines suspends work on South China Sea military airstrip

The Philippines said Saturday it has shelved planned improvements on a military airstrip in the disputed South China Sea to support its bid for a UN ruling against Beijing over the tense territorial row. The Philippines infuriated China in March by asking
Published 05 Oct, 2014 12:00am
Spanish Prime Minister urges dialogue over Catalonia independence bid

Spanish Prime Minister urges dialogue over Catalonia independence bid

Spanish Prime Minister Mariano Rajoy on Saturday called for calm and dialogue as Catalonia leaders pressed ahead with a vote on independence in defiance of Madrid. "The law and dialogue, these are the ways out of the situation in Catalonia... no one is ab
Published 05 Oct, 2014 12:00am
Three allies of France's Sarkozy charged in fraud probe

Three allies of France's Sarkozy charged in fraud probe

Three allies of French former president Nicolas Sarkozy were charged on Saturday in connection with a probe into the financing of his 2012 presidential campaign. The so-called "Bygmalion affair" concerns invoices for events staged by PR company Bygmalion
Published 05 Oct, 2014 12:00am
Former Haiti president Jean-Claude Duvalier dies

Former Haiti president Jean-Claude Duvalier dies

Haiti's former dictator Jean-Claude "Baby Doc" Duvalier, who ruled the impoverished Caribbean nation from 1971 until his ouster in 1986, died Saturday of a heart attack, officials here said. He was 63. The death of Duvalier, who returned to Haiti in 2011
Published 05 Oct, 2014 12:00am
Guantanamo force-feeding case due in court

Guantanamo force-feeding case due in court

A long-awaited trial on force-feeding practices at Guantanamo Bay, decried as torture by rights groups, begins Monday in Washington before a judge calling for openness and transparency. It will mark the first time since terror suspects first arrived at th
Published 05 Oct, 2014 12:00am
Latvia coalition to hold onto power amid alarm over resurgent Russia

Latvia coalition to hold onto power amid alarm over resurgent Russia

Latvia's ruling centre-right coalition led by Prime Minister Laimdota Straujuma scored a resounding majority in Saturday elections overshadowed by alarm over a resurgent Moscow and a Kremlin-allied party popular with the country's sizeable Russian minorit
Published 05 Oct, 2014 12:00am
Gazans mark Eid amid ruins of war

Gazans mark Eid amid ruins of war

Surrounded by the rubble of a deadly war with Israel, Gazans marked a sombre Eidul-Azha festival Saturday with prayers and visits to the graves of relatives. Thabet al-Hamami pitched a tent by the ruins of his home - one of 60,000 totally or partially des
Published 05 Oct, 2014 12:00am
Assad makes rare public appearance at Eid prayers

Assad makes rare public appearance at Eid prayers

Syria's President Bashar al-Assad made a rare public appearance on Saturday, attending prayers on the Eidul Azha holiday at a mosque in Damascus, state media said. State media and Assad's official Twitter feed posted photos of the embattled president pray
Published 05 Oct, 2014 12:00am
Messi, Neymar on target in Barca win at nine-man Rayo

Messi, Neymar on target in Barca win at nine-man Rayo

Barcelona recovered from their midweek defeat to Paris Saint-Germain as goals from Lionel Messi and Neymar handed them a comfortable 2-0 win away to nine-man Rayo Vallecano on Saturday. Valencia remained just two points behind the Catalans at the top of t
Published 05 Oct, 2014 12:00am
Wins for Djokovic and Sharapova

Wins for Djokovic and Sharapova

French Open and Wimbledon champions Maria Sharapova and Petra Kvitova will battle for the China Open title after they both powered through their semi-final matches Saturday. Meanwhile, world number one Novak Djokovic continued his brilliant 100 percent re
Published 05 Oct, 2014 12:00am
OCA boss says money-obsessed officials 'killing' cricket

OCA boss says money-obsessed officials 'killing' cricket

Asia's top sports official slammed cricket administrators Saturday, saying their obsession with money was "killing" the game and stopping it spreading to new countries. Cricket was included as an Asian Games medal sport for the second time in Incheon, but
Published 05 Oct, 2014 12:00am
Pakistan, Australia target T20 future

Pakistan, Australia target T20 future

Pakistan and Australia look to build up their squads in the shortest format of the game when they meet in the lone Twenty20 international in Dubai on Sunday, but both are missing key men. Pakistan, who were World Twenty20 champions in 2009, will be withou
Published 05 Oct, 2014 12:00am
Man City go second, Lallana sparks Liverpool

Man City go second, Lallana sparks Liverpool

Yaya Toure and Sergio Aguero scored late goals as Manchester City climbed to second place in the Premier League with a hard-earned 2-0 victory at Aston Villa on Saturday. Villa offered dogged resistance, but Toure broke the deadlock with a characteristica
Published 05 Oct, 2014 12:00am
Raonic, Nishikori to clash again for Tokyo title

Raonic, Nishikori to clash again for Tokyo title

Third seed Milos Raonic and US Open finalist Kei Nishikori will meet in a Japan Open final for the second time in three years on Sunday. Canadian Raonic, seeded third, dominated Gilles Simon of France 6-1, 6-4 on Saturday to reach his third consecutive fi
Published 05 Oct, 2014 12:00am
Medal table

Medal table

Asian Games final medals table after the close of the event on Saturday (gold, silver, bronze, total):

Published 05 Oct, 2014 12:00am
Korean show of unity as Asiad closes

Korean show of unity as Asiad closes

Top leaders of North and South Korea made a rare show of unity on Saturday as the Incheon Asian Games closed in celebratory mood. Fans turned out in numbers to farewell thousands of athletes who have competed in the South Korean city over the past 15 days
Published 05 Oct, 2014 12:00am
Ukraine's maize harvest, prices expected to fall this year

Ukraine's maize harvest, prices expected to fall this year

Excessively hot weather in late summer will cut Ukraine's maize harvest by roughly 13 percent to around 27 million tonnes in 2014, but domestic and export prices may fall despite the smaller output, traders and analysts said. Ukrainian farmers kept the ma
Published 05 Oct, 2014 12:00am
New Zealand commodity prices fall in September

New Zealand commodity prices fall in September

Prices for New Zealand's main commodities fell to a 1 1/2-year low in September, led by an ongoing fall in dairy products, while prices for beef hit a record high, ANZ Bank's commodity price index showed on Thursday. The index fell 1.3 percent from August
Published 05 Oct, 2014 12:00am
Nicaragua coffee output to rise seven percent

Nicaragua coffee output to rise seven percent

Nicaragua's coffee output for the 2014/2015 harvest could reach 1.61 million 60-kg bags, up more than 7 percent from last season due to better control of the tree-killing fungus roya, national coffee council Conacafe said on Friday. Lower rainfall, as wel
Published 05 Oct, 2014 12:00am
Record US corn harvest a pile of troubles for grain handlers

Record US corn harvest a pile of troubles for grain handlers

The giant corn harvest about to hit full stride in America's Midwest looks set to overwhelm storage and pile up outdoors, grain industry sources said, raising quality issues and making it hard to keep supplies moving. This year's record corn crop of 14.4
Published 05 Oct, 2014 12:00am
Goldman Sachs sees $90/barrel floor for Brent crude oil

Goldman Sachs sees $90/barrel floor for Brent crude oil

Goldman Sachs sees the price floor for Brent crude oil at $90 per barrel in the mid-term as the global benchmark dropped to its lowest since June 2012 this week. In two reports published this week, the investment bank maintained its 12-month forecast for
Published 05 Oct, 2014 12:00am
September saw biggest exit from commodities ETFs this year

September saw biggest exit from commodities ETFs this year

Investors rushed to sell holdings in commodity exchange traded funds (ETFs) in September, data from Markit showed on Thursday, as prices slumped for the month. Physical gold ETF holdings saw a monthly outflow of $1.67 billion, the biggest drop this year,
Published 05 Oct, 2014 12:00am
Record shipping premium shows demand for quality Australian wheat

Record shipping premium shows demand for quality Australian wheat

Australian grain handlers have won high premiums at auctions of shipping slots for this marketing season, evidence of strong demand for the country's high-quality wheat despite a grain glut elsewhere in the world. The world's fourth-largest wheat exporter
Published 05 Oct, 2014 12:00am
Cotton group introduces mediation to resolve reneged contracts

Cotton group introduces mediation to resolve reneged contracts

The International Cotton Association said it is introducing mediation services to help resolve disputes over reneged contracts that have blocked hundreds of blacklisted firms from doing business. The group, which oversees the global cotton trade, said med
Published 05 Oct, 2014 12:00am
Commodities mostly slide as dollar races higher

Commodities mostly slide as dollar races higher

Commodity prices mainly sank this week as the dollar soared on strong US payrolls data, while many markets were also weighed down by abundant supplies and weak demand, dealers said. Brent oil tumbled Friday to two-year troughs, gold carved out the lowest
Published 05 Oct, 2014 12:00am
Peace body member among two gunned down in Swat

Peace body member among two gunned down in Swat

A peace committee member and a policeman were gunned down in Matta tehsil in Swat region on Saturday. Two other persons were injured during attack on peace committee member Ashraf Khan who was also a local leader of the Awami National Party (ANP), police
Published 05 Oct, 2014 12:00am
PTI MPA shouts 'Go Khattak Go' slogan

PTI MPA shouts 'Go Khattak Go' slogan

Pakistan Tehreek-e-Insaf (PTI) member Khyber Pakhtunkhwa assembly Javed Naseem on Saturday raised the 'go Khattak go' slogan against PTI's own Chief Minister Pervaiz Khattak, and announced to stage sit-in protest and produce evidence against the alleged c
Published 05 Oct, 2014 12:00am
'GATE-Pakistan'

'GATE-Pakistan'

Brushing aside the recent political turmoil in Pakistan, Germany has stepped forward to help the country in its economic spectrum. In a recently-held launching of the German Association of Trade and Economy - Pakistan (GATE-Pakistan), both countries decid
Published 05 Oct, 2014 12:00am
80-year-old woman dies of police torture

80-year-old woman dies of police torture

Punjab Chief Minister Shahbaz Sharif on Saturday took notice of an incident in which an 80-year-old woman died of police torture. According to reports, the police raided a house in Salanwali area of the city to arrest a couple, who got married nine years
Published 05 Oct, 2014 12:00am
KP to introduce two new laws for health sector

KP to introduce two new laws for health sector

KP Chief Minister Pervez Khattak has gave approval to introduce two new laws, "Medical and Health Institutions Ordinance 2014 and Establishment of Regional Health Authorities" aimed at to streamline the performance, service delivery and reach of Health de
Published 05 Oct, 2014 12:00am
KP government decides to revive cooperative societies

KP government decides to revive cooperative societies

The government of Khyber Pakhtunkhwa has decided to revive and streamline co-operative societies throughout the province in order to provide loans to the small farmers for boosting agriculture produce as well as launch small hydel schemes, shifting tube w
Published 05 Oct, 2014 12:00am
'Country needs more nuclear power stations'

'Country needs more nuclear power stations'

Apropos a letter to the Editor 'Country needs more nuclear power stations' carried by the newspaper yesterday, the writer seems to be a strong advocate of acquisition of nuclear energy. In order to build up his argument, not only has he narrated the prese
Published 05 Oct, 2014 12:00am
Keeping new cars secret pre-launch, a cloak and dagger game

Keeping new cars secret pre-launch, a cloak and dagger game

A remote military-owned test site, offices with fingerprint-scanned access, specially-designed secure hotels or camouflage: carmakers go to great lengths to keep their new models secret before the official launch. From the moment of conception, auto manuf
Published 05 Oct, 2014 12:00am
Fissures within the federal government

Fissures within the federal government

The Ministry of Water and Power refused to accept ownership of coal power policy during a meeting of the relevant Senate Standing Committee. Sohail Akbar Shah, Additional Secretary of Ministry of Water and Power, categorically stated that "coal power poli
Published 05 Oct, 2014 12:00am
Dubai-bound plane catches fire at airport

Dubai-bound plane catches fire at airport

A Dubai-bound plane of a private airline caught fire at Karachi's Jinnah International Airport on Saturday, leading to temporary suspension of air traffic. According to reports, passengers had been off-loaded from the plane, which was filled with smoke. R
Published 05 Oct, 2014 12:00am
Multan flood affectees: PDMA DG takes notice of non-payment

Multan flood affectees: PDMA DG takes notice of non-payment

Provincial Disaster Management Authority Punjab (PDMA) Director General has taken notice of the protest by flood affectees of Multan due to non-payment of financial assistance and sought a report from the DCO Multan. The DG directed the administration to
Published 05 Oct, 2014 12:00am
Convicted felon claims to be PTI's 'third umpire'

Convicted felon claims to be PTI's 'third umpire'

Man convicted of attempted murder sparked mayhem at the courtroom premises in Gujranwala on Saturday by claiming to be the 'third umpire' of Pakistan Tehreek-e-Insaf (PTI). He asked to be freed from the handcuffs so that he could raise his finger to end t
Published 05 Oct, 2014 12:00am
Ending the sit-in standoff

Ending the sit-in standoff

While PTI Chairman Imran Khan continues to hang on to his maximalist position refusing to call off the sit-in until the acceptance of his demand for the Prime Minister's resignation, his party's protest politics partner, PAT chief Tahirul Qadri, is slowly
Published 05 Oct, 2014 12:00am
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