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Print - 2014-10-20
Two foreign tourists missing after Thai boat sinking

Two foreign tourists missing after Thai boat sinking

Authorities were searching the sea near the southern Thai tourist island of Phuket on Sunday night for two foreign tourists who went missing after a boat collision, officials said. The two tourists, believed to be South Korean, were among 37 foreigners an
Published 20 Oct, 2014 12:00am
Thousands of Catalans crowd Barcelona to call for early polls

Thousands of Catalans crowd Barcelona to call for early polls

Tens of thousands of Catalans crowded central Barcelona on Sunday calling for early regional elections after plans for a November 9 referendum on independence from Spain were declared illegal by Madrid. People dressed in yellow T-shirts waved the red and
Published 20 Oct, 2014 12:00am
Taiwan tests sub-launched missiles

Taiwan tests sub-launched missiles

Taiwan's navy successfully test-fired two anti-ship missiles from a submarine, in the first such exercise since the weapons were acquired from the United States, local media reported Sunday. The Harpoon missiles were launched from Hai Hu (Sea Tiger), a Du
Published 20 Oct, 2014 12:00am
Germany says Ukraine rebels downed MH17 with seized missiles

Germany says Ukraine rebels downed MH17 with seized missiles

German intelligence has accused pro-Russian rebels of shooting down a Malaysian passenger jet over Ukraine using missiles captured from government forces, a media report said Sunday. Kiev and the West have previously charged that Malaysia Airlines Flight
Published 20 Oct, 2014 12:00am
Hungarians march to celebrate 'Roma Pride'

Hungarians march to celebrate 'Roma Pride'

Hundreds of Hungarians took part in a "Roma Pride" march in Budapest Sunday to celebrate the country's largest ethnic minority, a community scarred by widespread prejudice. Around 500 people walked through the city centre chanting "Opre Roma!" (Up Roma!)
Published 20 Oct, 2014 12:00am
All robotic eyes on comet for Mars flyby

All robotic eyes on comet for Mars flyby

All eyes on Mars - robotic or otherwise - were focused toward a comet the size of a small mountain set to whiz past the Red Planet on Sunday. NASA's fleet of Mars-orbiting satellites and robots on the planet's surface were primed for the flyby of the come
Published 20 Oct, 2014 12:00am
Middle East markets rebound as global bourses rally

Middle East markets rebound as global bourses rally

Most exchanges in the Middle East rebounded on Sunday after global stock markets recovered on Friday from a big sell-off triggered by worries about the impact of weak earnings reports on growth and businesses. Those worries had sent Middle East bourses tu
Published 20 Oct, 2014 12:00am
Argentina says to launch new two-year bond issue up to $1 billion

Argentina says to launch new two-year bond issue up to $1 billion

Argentina will launch a new two-year sovereign bond on October 23 for up to $1 billion, denominated in US dollars and paid in the local peso currency, the Economy Ministry said in a statement on Friday. The new bond will have an annual coupon of 1.75 perc
Published 20 Oct, 2014 12:00am
Argentina says to launch new two-year bond issue up to $1 billion

Argentina says to launch new two-year bond issue up to $1 billion

Argentina will launch a new two-year sovereign bond on October 23 for up to $1 billion, denominated in US dollars and paid in the local peso currency, the Economy Ministry said in a statement on Friday. The new bond will have an annual coupon of 1.75 perc
Published 20 Oct, 2014 12:00am
Blackstone's Wien expects US markets sell-off to abate

Blackstone's Wien expects US markets sell-off to abate

The recent slump in US stock prices, in which the S&P 500 index has posted four straight weekly losses for the first time in more than three years, is unlikely to go on for much longer, one of America's best-known investment strategists said on Sunday.
Published 20 Oct, 2014 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 77.40-77.40 (previous 77.40-77.41). Call Money Rates: 07.75-09.25 percent. (Previous 07.00-09.25 percent).
Published 20 Oct, 2014 12:00am
Euro's demise exaggerated, old lessons show

Euro's demise exaggerated, old lessons show

Currency watchers have decreed that the euro will fall sharply against the dollar as Europe and the United States' monetary policies diverge, but history suggests the euro's drop may not be quite so smooth or rapid. Frankfurt has started to pump cheap mon
Published 20 Oct, 2014 12:00am
Wall Street week ahead: Beyond earnings, buybacks to give market support

Wall Street week ahead: Beyond earnings, buybacks to give market support

It is a tossup whether the market found a bottom this week, but bulls could find some support as corporations, mostly on the sidelines as the market tumbled, step up their stock purchases in the coming weeks. The equities selloff had its climax on Wednesd
Published 20 Oct, 2014 12:00am
Tokyo investors look for market to bottom out

Tokyo investors look for market to bottom out

Tokyo investors next week will be keeping a close eye on Wall Street as they look for the bottom of the market after the benchmark Nikkei 225 index fell into a correction on Friday. Japanese shares tend to take a strong lead from US stocks and dealers are
Published 20 Oct, 2014 12:00am
Chinese money rates inch up

Chinese money rates inch up

Chinese money rates rose slightly this week on cash demand from banks to meet regulatory requirements, but sufficient liquidity supply kept gains limited. Chinese banks usually need to set aside reserves to meet policy requirements on the 5th, 15th and 25
Published 20 Oct, 2014 12:00am
Virgin Money postpones London stock market listing

Virgin Money postpones London stock market listing

UK lender Virgin Money has postponed its London stock market listing, the company said on Friday, delaying plans to raise around 150 million pounds ($241.5 million) in a float that could have valued the firm at 1.5-2 billion pounds ($2.4-3.2 billion). "Vi
Published 20 Oct, 2014 12:00am
As IPO markets stumble, private equity buyers prepare to swoop

As IPO markets stumble, private equity buyers prepare to swoop

Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public stock markets may be good for private equity firms. Having started the year with a record $1 trillion cash pile, private equity fund
Published 20 Oct, 2014 12:00am
As IPO markets stumble, private equity buyers prepare to swoop

As IPO markets stumble, private equity buyers prepare to swoop

Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public stock markets may be good for private equity firms. Having started the year with a record $1 trillion cash pile, private equity fund
Published 20 Oct, 2014 12:00am
Fidelity's Rossi says to buy US stocks despite rout

Fidelity's Rossi says to buy US stocks despite rout

The underlying strength of the US economy should enable US stocks to recover from this week's sell-off, said Fidelity World-wide Investments' Dominic Rossi, which he said had been made worse by hedge funds' "poor" trades. Stocks in Europe and US equity fu
Published 20 Oct, 2014 12:00am
UAE's Arabtec to launch huge Egypt housing project by year-end

UAE's Arabtec to launch huge Egypt housing project by year-end

United Arab Emirates-based construction firm Arabtec plans to launch the first phase of a huge housing project in Egypt before the end of this year, the company said on Sunday. In March, Arabtec announced it would build one million homes in Egypt in a $40
Published 20 Oct, 2014 12:00am
Greece needs 'political stability' during market turmoil: minister

Greece needs 'political stability' during market turmoil: minister

Greece needs political stability to be able to negotiate the turmoil afflicting financial markets after deciding to exit its bailout plan early, its finance minister said on Sunday. "We are at a delicate balancing point," said Gikas Hardouvelis in an inte
Published 20 Oct, 2014 12:00am
Future of food served up in Paris

Future of food served up in Paris

Acai, kimchi, black garlic and yuzu juice: countries are vying to conquer global plates, and palates, with their home-grown specialities at the International Food Fair which opened in Paris on Sunday. From Brazil to South Korea, 105 countries boasting 400
Published 20 Oct, 2014 12:00am
China growth seen at five-year low in third quarter

China growth seen at five-year low in third quarter

China's economic growth in the third quarter fell to its slowest since the depths of the global financial crisis more than five years ago, an AFP survey projects. The country's gross domestic product (GDP) is predicted to have risen 7.2 percent year-on-ye
Published 20 Oct, 2014 12:00am
Tesco probe finds 'inappropriate behaviour' by staff

Tesco probe finds 'inappropriate behaviour' by staff

The investigation into a 250 million pound ($402 million) profit overstatement at supermarket operator Tesco Plc has unearthed evidence of "inappropriate behaviour" by staff, two national newspapers reported on Sunday.
Published 20 Oct, 2014 12:00am
Munich Re says tough to maintain profit

Munich Re says tough to maintain profit

The world's largest reinsurer Munich Re expects it will be tough to maintain current profit levels in 2015 due to lower prices as a result of increasing competition, according to a newspaper report.
Published 20 Oct, 2014 12:00am
Berlin helping Paris dodge EU budget slap

Berlin helping Paris dodge EU budget slap

Germany is helping France to draw up a pact with the European Commission on deficit reduction and structural reforms to win Brussels' approval of its 2015 budget, a report said Sunday. The report by the Spiegel news weekly comes a day before French and Ge
Published 20 Oct, 2014 12:00am
Eurozone not heading for recession, says Barroso

Eurozone not heading for recession, says Barroso

The eurozone is not heading for another recession, the outgoing president of the European Commission Jose Manuel Barroso said on Sunday. Growth in the euro zone economy ground to a halt in the second quarter and weaker-than-expected economic data for the
Published 20 Oct, 2014 12:00am
Political worries grow for UK: forecasters

Political worries grow for UK: forecasters

Business investors are increasingly worried about political risks in Britain, including the outcome of a national election in May and a possible referendum on European Union (EU) membership, an economic forecasting firm said. In a report due to be publish
Published 20 Oct, 2014 12:00am
Kuwait oil union slams Saudi halt to joint output

Kuwait oil union slams Saudi halt to joint output

A Kuwaiti oil trade union on Sunday condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the Arab neighbours, calling on the government to intervene. Fadghoush al-Ajmi, head of the workers union at Kuwait Gulf Oil C
Published 20 Oct, 2014 12:00am
Poroshenko says winter gas price deal agreed with Russia

Poroshenko says winter gas price deal agreed with Russia

Ukraine President Petro Poroshenko confirmed Saturday that an agreement has been reached with Russia on a provisional price for gas deliveries during the coming winter months. Poroshenko said the deal was agreed at talks with his Russian counterpart Vladi
Published 20 Oct, 2014 12:00am
Sterling makes a point as Reds win thriller

Sterling makes a point as Reds win thriller

Liverpool's Raheem Sterling ended a difficult week on a high as the teenager inspired his side's dramatic 3-2 win over QPR in an incredible finish featuring three goals in stoppage time at Loftus Road on Sunday. Sterling had endured widespread derision af
Published 20 Oct, 2014 12:00am
Stoke rally to beat Swansea

Stoke rally to beat Swansea

Stoke came from behind to beat Swansea 2-1 at the Britannia Stadium on Sunday as they climbed to 10th in the English Premier League table. Victory left Mark Hughes's men level on points with Manchester United, Arsenal and Tottenham Hotspur. It was a tale
Published 20 Oct, 2014 12:00am
Berdych dethrones Dimitrov in Stockholm

Berdych dethrones Dimitrov in Stockholm

Top-seeded Tomas Berdych battled back to defeat defending champion Grigor Dimitrov 5-7, 6-4, 6-4 to claim the Stockholm Open on Sunday and improve his chances of making the World Tour Finals. Berdych, 29, is seeking to qualify for the London season-ending
Published 20 Oct, 2014 12:00am
Rossi triumphs at Phillip Island

Rossi triumphs at Phillip Island

Italian legend Valentino Rossi won his first Australian MotoGP in nine years after world champion Marc Marquez crashed out while holding a big lead at Phillip Island on Sunday. Rossi, one of the sport's greats with nine world championships across all clas
Published 20 Oct, 2014 12:00am
Valencia fall to first defeat

Valencia fall to first defeat

Valencia's unbeaten start to the season came crashing to an end as they were beaten 3-0 away at struggling Deportivo la Coruna on Sunday. Los Che are now tied with Atletico Madrid in fourth place after the champions beat Espanyol earlier in the day thanks
Published 20 Oct, 2014 12:00am
Bangladesh call up uncapped spinner for Zimbabwe Test

Bangladesh call up uncapped spinner for Zimbabwe Test

Bangladesh on Sunday included uncapped leg-spinner Jubair Hossain in their 14-man squad for the first home Test match against Zimbabwe. All-rounder Shakib Al Hasan returned to the Test side after he missed the West Indies tour in September because of susp
Published 20 Oct, 2014 12:00am
Twenty20 cricket good for the sport, says Azhar Mahmood

Twenty20 cricket good for the sport, says Azhar Mahmood

Former Pakistan allrounder Azhar Mahmood on Sunday said he disagreed that Twenty20 cricket was spoiling younger generations of batsmen and is a threat to Test and one-day cricket. The 39-year-old was speaking at the launch of the International Cricket Cou
Published 20 Oct, 2014 12:00am
Hafeez unconcerned over bowling action

Hafeez unconcerned over bowling action

Pakistan allrounder Mohammad Hafeez said Sunday he was confident about his bowling action despite being reported during an Indian domestic league game last month. The 34-year-old is likely to open the batting with Ahmed Shehzad in the first of two Tests a
Published 20 Oct, 2014 12:00am
Cilic, Pavlyuchenkova win Kremlin Cup titles

Cilic, Pavlyuchenkova win Kremlin Cup titles

US Open champion Marin Cilic continued his fine season by beating fifth seeded Spaniard Roberto Bautista-Agut in straight sets to win the Kremlin Cup in Moscow on Sunday. The 26-year-old Croat, a career-high eighth in the ATP rankings fired 10 aces in a 6
Published 20 Oct, 2014 12:00am
Murray boosts London bid with Vienna triumph

Murray boosts London bid with Vienna triumph

Andy Murray wasted no time in hopping on a jet on Sunday for his next ATP event in Spain after boosting his chances of making the ATP World Tour Finals by winning the Austrian Open. The Scot claimed the 30th title of his career as he defeated Spain's Davi
Published 20 Oct, 2014 12:00am
Barca maintain lead

Barca maintain lead

Barcelona maintained their four-point lead over Real Madrid at the top of La Liga ahead of next weekend's first El Clasico of the season with a 3-0 win over Eibar on Saturday. Madrid cruised to victory earlier in the day as they secured a seventh consecut
Published 20 Oct, 2014 12:00am
Gulf of Oman port bids to become transhipment centre for region

Gulf of Oman port bids to become transhipment centre for region

An advertisement by the highway outside Dubai's massive Jebel Ali Port tells firms they don't need to ship goods through the Strait of Hormuz, the traditional gateway to the Gulf. Instead they can have goods delivered to a port in Oman, outside the Gulf,
Published 20 Oct, 2014 12:00am
Wal-Mart trims full-year sales forecast

Wal-Mart trims full-year sales forecast

Wal-Mart, the world's largest retailer on October 15 cut its sales forecast for its next fiscal year and projected a drop in capital spending. Wal-Mart Stores said it now expected sales would grow between two and three percent in fiscal year 2015 that beg
Published 20 Oct, 2014 12:00am
Wal-Mart trims full-year sales forecast

Wal-Mart trims full-year sales forecast

Wal-Mart, the world's largest retailer on October 15 cut its sales forecast for its next fiscal year and projected a drop in capital spending. Wal-Mart Stores said it now expected sales would grow between two and three percent in fiscal year 2015 that beg
Published 20 Oct, 2014 12:00am
Nomura makes 15 appointments in Americas region

Nomura makes 15 appointments in Americas region

Nomura has made 15 appointments in the Americas region. Frank Kinney joins as head of industrials for the region. He has more than 25 years of investment banking experience, and was most recently a senior advisor to energy-focused private equity fund Firs
Published 20 Oct, 2014 12:00am
Bajaj Auto second quarter net profit dented by tax charge

Bajaj Auto second quarter net profit dented by tax charge

Bajaj Auto, India's No 2 motorcycle maker by sales, said second-quarter net profit dropped by almost a third, hit by a one-off charge relating to taxes which it was found to owe a northern Indian state. Bajaj said net profit for the July-September quarter
Published 20 Oct, 2014 12:00am
Bajaj Auto second quarter net profit dented by tax charge

Bajaj Auto second quarter net profit dented by tax charge

Bajaj Auto, India's No 2 motorcycle maker by sales, said second-quarter net profit dropped by almost a third, hit by a one-off charge relating to taxes which it was found to owe a northern Indian state. Bajaj said net profit for the July-September quarter
Published 20 Oct, 2014 12:00am
Department stores fight back from online challenge

Department stores fight back from online challenge

Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global fashion chains and online shopping. Retail consultancy Verdict predicts the global sector should return to growth in 2014
Published 20 Oct, 2014 12:00am
Taiwan's TSMC reports record profits in third quarter

Taiwan's TSMC reports record profits in third quarter

Taiwan Semiconductor Manufacturing Co said on October 16 its third quarter net profit and revenue both rose to record highs on robust demand for chips used in mobile devices, reportedly including Apple's new iPhone. TSMC, the world's biggest contract micr
Published 20 Oct, 2014 12:00am
Llama app lets location determine how phone functions work

Llama app lets location determine how phone functions work

If a mobile phone still rings for a phone call from a family member even though it's been set on silent, but refuses to issue alerts when news arrives while one is sleeping, it doesn't necessarily mean the mobile is broken. Instead, it could mean that the
Published 20 Oct, 2014 12:00am
Microsoft's Skype launches video messaging app

Microsoft's Skype launches video messaging app

Microsoft-owned Skype on Tuesday unveiled a new app enabling users to send short video messages to stay "connected between calls." The smartphone app called Skype Qik allows users to create and send videos up to 42 seconds long. The new service seeks to h
Published 20 Oct, 2014 12:00am
Bangladesh's Grameenphone says it reaches 50 million subscribers

Bangladesh's Grameenphone says it reaches 50 million subscribers

Bangladesh's leading mobile phone operator has reached the 50 million subscriber milestone, the company said on Tuesday. Grameenphone, a concern of Norway's Telenor Group, said it had developed the largest network, reaching most areas of the country over
Published 20 Oct, 2014 12:00am
Dropbox for Android can now export onto SD cards

Dropbox for Android can now export onto SD cards

Android users can now export data from online storage site Dropbox onto an external memory card in their telephone, reports Dropbox in its blog. Doing so means data remains accessible even if internet service is disrupted or if the telephone's memory is f
Published 20 Oct, 2014 12:00am
Researchers find new web encryption bug, warn of 'Poodle' attack

Researchers find new web encryption bug, warn of 'Poodle' attack

Three Google Inc researchers have uncovered a security bug in widely used web encryption technology that they say could allow hackers to steal data in what they have dubbed a "Poodle" attack. "Poodle" stands for Padding Oracle On Downloaded Legacy Encrypt
Published 20 Oct, 2014 12:00am
Facebook unveils 'safety check' for disaster efforts

Facebook unveils 'safety check' for disaster efforts

Facebook has unveiled a "safety check" tool to allow users to alert friends and family about their status in emergencies, a system developed after the 2011 Japan earthquake and tsunami. "We want to provide a helpful tool that people can use when major dis
Published 20 Oct, 2014 12:00am
Google says Amazon biggest search engine rival

Google says Amazon biggest search engine rival

Google boss Eric Schmidt said Monday his company's biggest competition as a search engine came from e-commerce giant Amazon, not from its traditional rivals. In remarks prepared for delivery in Berlin, Schmidt hit back at accusations that Google as the wo
Published 20 Oct, 2014 12:00am
Sonova unveils new hearing aid technology

Sonova unveils new hearing aid technology

Sonova presented a new hearing aid technology that speeds up processing while reducing energy consumption as the Swiss-based company looks to new products to help maintain its lead as the world's top hearing aid maker. As the ranks of the elderly swell, t
Published 20 Oct, 2014 12:00am
Apple shows off new iPads a day early

Apple shows off new iPads a day early

Technology giant Apple posted screenshots of its upcoming iPad Air 2 and iPad Mini 3 in the iTunes Store on Wednesday a day ahead of a media event where the devices were expected to be introduced. The screenshots, which appeared to show the new iPads, wer
Published 20 Oct, 2014 12:00am
Check locked status to see if iOS device actually yours

Check locked status to see if iOS device actually yours

An updated function from Apple lets anyone buying a used iPhone, iPad or other Apple product check first to see if it might be stolen property. The Find My iPhone, iPad, iPod touch, or Mac section of iCloud support lets anyone check to see if a device has
Published 20 Oct, 2014 12:00am
Right earphones will make or break your music

Right earphones will make or break your music

Whether you want to listen to some tunes during your workout or drown out your daily commute, your earphones can make or break your music experience. But, given the wide variety out there, how to pick the right one?
Published 20 Oct, 2014 12:00am
Man with Google Glass had 'Internet addiction disorder'

Man with Google Glass had 'Internet addiction disorder'

A 31-year-old American was treated for addiction after wearing Google Glass for up to 18 hours a day and even experienced dreams as if looking through the device, doctors said. It is the first known case of Internet addiction involving Google Glass, a fle
Published 20 Oct, 2014 12:00am
New iPads aim at boosting Apple in premium tablet market

New iPads aim at boosting Apple in premium tablet market

With the global tablet computer market showing signs of cooling, Apple's expected unveiling of its new iPads Thursday looks to shore up its position at the high end. The iPad event in a small auditorium on Apple's campus in the Silicon Valley city of Cupe
Published 20 Oct, 2014 12:00am
Exercise may reduce odds of developing depression

Exercise may reduce odds of developing depression

Exercising three times a week reduces the odds of developing depression by around 16 percent, scientists said on October 15 and for every extra weekly activity session, the risk drops further. In a study conducted as part of a public health research conso
Published 20 Oct, 2014 12:00am
Stem cells from human embryos prove safe, improve vision: study

Stem cells from human embryos prove safe, improve vision: study

The longest-running trial of stem cells derived from a human embryo found that the cells caused patients none of the problems scientists feared, such as forming tumors, and reversed partial blindness in about half the eyes receiving transplants, researche
Published 20 Oct, 2014 12:00am
Peru glaciers shrink 40 percent in 44 years

Peru glaciers shrink 40 percent in 44 years

Peru's glaciers have shrunk by more than 40 percent since 1970 because of climate change, giving birth to nearly 1,000 new lagoons, national water authority ANA said on October 16. Peru, which is hosting the United Nations Climate Change Conference, or CO
Published 20 Oct, 2014 12:00am
Most Americans believe Ebola spreads through air

Most Americans believe Ebola spreads through air

A majority of Americans believe the Ebola virus can be spread by sneezing or coughing and more than a third fear that they or someone in their immediate family may contract the deadly disease in the next year, according to a Harvard University poll. Some
Published 20 Oct, 2014 12:00am
Natural gas no miracle cure for climate change

Natural gas no miracle cure for climate change

Fracking technology has driven a boom in natural gas that many hope will prompt a switch away from coal use and put the brakes on the rise in Earth-warming carbon dioxide (CO2) emissions. But a study on October 15 said market forces will undo many of the
Published 20 Oct, 2014 12:00am
'Natural disasters killed over 22,000 in 2013'

'Natural disasters killed over 22,000 in 2013'

Natural disasters claimed over 22,000 lives last year, with Typhoon Haiyan in the Philippines the deadliest of all, the Red Cross said on October 16. In its annual report on disasters, the International Federation of Red Cross and Red Crescent Societies (
Published 20 Oct, 2014 12:00am
Pro-freedom leaders hail Army Chief's remarks on Kashmir

Pro-freedom leaders hail Army Chief's remarks on Kashmir

The pro-freedom Kashmiri leaders have welcomed the assertion of Pakistan Army Chief, General Raheel Sharif, on Kashmir, describing it as realistic and encouraging for the Kashmiri people engaged in peaceful liberation struggle.
Published 20 Oct, 2014 12:00am
Ulema urged to maintain harmony in Muharram

Ulema urged to maintain harmony in Muharram

Federal Minister for States and Frontier Regions Abdul Qadir Baloch appealed to ulema and mushaikh to create an atmosphere of harmony and brotherhood in the month of Muharram-ul-Haram. Talking to a 20-member delegation of All Pakistan Shia Conference led
Published 20 Oct, 2014 12:00am
Children below 10 may face Haj ban from next year

Children below 10 may face Haj ban from next year

Children below the age of 10 may be barred from performing Haj from next year. The subject came up for discussion during a recent meeting between the heads of pilgrim establishments and the Saudi Haj Ministry. No decision has yet been taken on the proposa
Published 20 Oct, 2014 12:00am
ANP for holding LG polls in KP with consensus

ANP for holding LG polls in KP with consensus

Awami National Party (ANP) spokesman Senator Zahid Khan Sunday said the local government (LG) polls should be held in Khyber Pakhtunkhwa with the consensus of all political parties. Various political parties, including the ANP, had serious reservations on
Published 20 Oct, 2014 12:00am
Pakistan stalls attract Chinese shoppers at Beijing charity fair

Pakistan stalls attract Chinese shoppers at Beijing charity fair

The sixth "Love Knows No Borders" International Charity Sale was held in Beijing's Chaoyang Park on Sunday. The fair was hosted by Qian Wei, wife of China's Foreign Minister Wang Yi. This year's theme was "Bring New Hope to the Heart of Poor Children in M
Published 20 Oct, 2014 12:00am
SRSP constructs 75KW power station in Kalash valley

SRSP constructs 75KW power station in Kalash valley

Sarhad Rural Support Programme (SRSP) constructed 75KW power station at Sheikhanda village of the Ramboor area of Kalash valley, district Chitral. Chief Executive Officer (CEO) SRSP, Prince Masood-ul-Mulk as chief guest on the occasion while former Nasim,
Published 20 Oct, 2014 12:00am
RBISE issues revised schedule

RBISE issues revised schedule

Rawalpindi Board of Intermediate and Secondary Education (RBISE) has issued revised schedule for registration/admission of Intermediate, Part I, regular and private students. According to RBISE spokesman October 31 will be last date for registration/admis
Published 20 Oct, 2014 12:00am
Police storm PTI registration office in Larkana

Police storm PTI registration office in Larkana

Police stormed a registration camp of Pakistan Tehreek-e-Insaf (PTI) here on Sunday. Vice-chairman of PTI Shah Mehmood Qureshi has condemned the incident and appealed to party workers to remain calm. It is worth to mention that the registration camp was s
Published 20 Oct, 2014 12:00am
Only Islamic system can guarantee prosperous Pakistan: Siraj

Only Islamic system can guarantee prosperous Pakistan: Siraj

Jamaat-e-Islami (JI) Chief Sirajul Haq has said that the sit-ins in Islamabad have lost their momentum and politics in the country has been made a business in which elections have been put up for auction and seats purchased by the interested quarters. Add
Published 20 Oct, 2014 12:00am
Violence, electrocution claim five lives in Karachi

Violence, electrocution claim five lives in Karachi

Five people were killed and another injured in different incidents in Karachi on Friday. According to police and rescue sources, Amjad, 20, son of Ali Bux, was shot dead by unknown armed men in Saalar Goth, Malir. The body was shifted to the Jinnah Postgr
Published 20 Oct, 2014 12:00am
PTA asks KWSB not to raise water tariff

PTA asks KWSB not to raise water tariff

Rejecting the recent hike in water tariff, Chairman of Pakistan Tanners Association (PTA), Sindh Zone, has demanded of Karachi Water and Sewerage Board (KWSB) to review its decision as it amounted to further increasing the production cost of industries. T
Published 20 Oct, 2014 12:00am
Punjab government approves three welfare schemes worth Rs 4.5 billion

Punjab government approves three welfare schemes worth Rs 4.5 billion

The Punjab government has approved three welfare schemes for the provincial capital at a cost of Rs 4.5 billion, P&D sources told Business Recorder. They said the approved schemes are (a) Land Records Management and Information Systems Project (Pha
Published 20 Oct, 2014 12:00am
October 18 rally: Faryal thanks PPP workers, supporters

October 18 rally: Faryal thanks PPP workers, supporters

PPP Women Wing Chairperson Faryal Talpur, MNA, thanked all workers and supporters of the party for their participation in the public meeting of October 18. In a statement issued here on Sunday, she said that, "workers are the asset of PPP and we get our s
Published 20 Oct, 2014 12:00am
4,901 candidates appear in SU entry test

4,901 candidates appear in SU entry test

As many as 4,901 candidates including 2,310 female students appeared in the pre-admission entry test for the Masters and MS/ M Phil programmes announced by University of Sindh (SU) for the academic year 2015 held at the Arts Faculty Building of Allama I I
Published 20 Oct, 2014 12:00am
Speakers demand ECP, parties to be made accountable before law

Speakers demand ECP, parties to be made accountable before law

The participants of annual national conference on Pakistani Democracy: Potential, Promise and Performance have urged collaborative efforts for creating awareness about the Constitution among the people of Pakistan. They also demanded electoral reforms in
Published 20 Oct, 2014 12:00am
Six herbal companies sealed, a dozen persons held in crackdown

Six herbal companies sealed, a dozen persons held in crackdown

In a crackdown against unregistered herbal companies after the expiry date of application for the registration their products on October 1, 2014, six herbal companies were sealed and around one dozen persons apprehended during raids by the provincial drug
Published 20 Oct, 2014 12:00am
Widening of trade account deficit

Widening of trade account deficit

The latest news on the trade accounts of the country are frightening. According to the trade data released by the Federal Bureau of Statistics (FBS) on 14th October, 2014, Pakistan's trade deficit in July-September, 2014 has expanded by as much as 45.11 p
Published 20 Oct, 2014 12:00am
'Bhutto-ism': a hard sell

'Bhutto-ism': a hard sell

A two-hour launch speech delivered by the Chairman Pakistan People's Party, Bilawal Bhutto Zardari, miserably failed to connect with the gathering and we, sadly though, have our doubts that it would not help him arrest the party's popularity slide, partic
Published 20 Oct, 2014 12:00am
Hiatus with IMF

Hiatus with IMF

The news has come from Washington that the IMF has declined the request by our Finance Minister for release of the quarterly installment following the fourth review. Instead, it is now proposed that the Fund will undertake the fifth review shortly of the
Published 20 Oct, 2014 12:00am
The fourth review

The fourth review

The mandated fourth quarterly review under the International Monetary Fund's (IMF) Extended Fund Facility (EFF) will be cobbled with the fifth review as per the IMF website. The reason: delay in complying with time bound actions including sale of 10 perce
Published 20 Oct, 2014 12:00am
Hong Kong protests, China slowdown takes sparkle off luxury market

Hong Kong protests, China slowdown takes sparkle off luxury market

Protests in Hong Kong, an economic slowdown and anti-corruption drive in China and a coup in Thailand: Asia is no longer a market of constant growth for luxury goods firms. LVMH, world number-one in the sector and owner of brands like Louis Vuitton, Given
Published 20 Oct, 2014 12:00am
The Multan by-election

The Multan by-election

Apropos editorial 'The Multan battle' carried by the newspaper on Saturday, one must not lose sight of the fact that although senior politician is down because of his defeat in the NA-149 Multan constituency he is not out.
Published 20 Oct, 2014 12:00am