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Print - 2014-12-14
YOUR RUPEE LAST MONTH

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (November 5 to 28, 2014)

Published 14 Dec, 2014 12:00am
The Weather

The Weather

The weather report on Saturday (December 13, 2014) and the forecast for Sunday (December 14, 2014).

Published 14 Dec, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (December 13, 2014) and for Sunday (December 14, 2014).
Published 14 Dec, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (December 13, 2014)

Published 14 Dec, 2014 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee was firm against the dollar for the second session due to comfortable supply of the US currency, dealers said on the money market on Saturday. The rupee managed to hold the present levels for the second day in relation to the dollar for buying a
Published 14 Dec, 2014 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee was firm against the dollar for the second session due to comfortable supply of the US currency, dealers said on the money market on Saturday. The rupee managed to hold the present levels for the second day in relation to the dollar for buying a
Published 14 Dec, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (December 13, 2014).

Published 14 Dec, 2014 12:00am
CBOT wheat futures hit six-month high

CBOT wheat futures hit six-month high

Front-month wheat futures on the Chicago Board of Trade neared a six-month high on Friday and the benchmark March contract also hit a multimonth high on chart-based buying and renewed fears that Russia might curb wheat exports, traders said. CBOT March wh
Published 14 Dec, 2014 12:00am
Russian wheat exporters cut prices as state looks to curb outflow

Russian wheat exporters cut prices as state looks to curb outflow

Exporters of Russian wheat have cut prices to try to speed up sales abroad before the government possibly introduces curbs to replenish its own stocks and prevent rises in the cost of bread, traders and analysts said on Friday. Russia's grain exports are
Published 14 Dec, 2014 12:00am
Cotton market: rupee's appreciation hurting exporters

Cotton market: rupee's appreciation hurting exporters

Trading activity came down as mills and exporters, showed some hesitance in finalising new deals as rupee's ascent versus dollar likely to cause huge losses, dealers said on the cotton market on Saturday. The official spot rate sustained overnight rates a
Published 14 Dec, 2014 12:00am
Kenya's best grade tea price down

Kenya's best grade tea price down

The maximum price of the top grade Kenyan tea, Best Broken Pekoe Ones (BP1s), fell at this week's auction, Africa Tea Brokers (ATB) said in a report on Wednesday. Producers offered 10.05 million kg of tea for sale during the auction, and 20.66 percent of
Published 14 Dec, 2014 12:00am
Indian soyaoil futures fall on weak global cues

Indian soyaoil futures fall on weak global cues

Indian soyaoil futures fell on Friday tracking weak Malaysian palm oil futures while soyabean futures rose on a rise in overseas shipment of soyameal. Malaysian palm oil futures dropped on Friday, tracking falls in crude oil prices and competing vegetable
Published 14 Dec, 2014 12:00am
Grain market closed for Chehlum

Grain market closed for Chehlum

No change was seen in the prices at the local grain market on Saturday as some leading commercial centres were closed due to Chehlum of Imam Hussain (RA).
Published 14 Dec, 2014 12:00am
Palm oil prices drop on European vegoils market

Palm oil prices drop on European vegoils market

Palm oil on the European vegetable oils market eased on Friday on technical selling in Malaysian palm oil futures because of weakness in mineral oil prices. "Mineral oil mostly dominated the direction, but a weak ringgit, which makes palm oil cheaper for
Published 14 Dec, 2014 12:00am
Rains forecast for drought-stricken Brazilian coffee belt

Rains forecast for drought-stricken Brazilian coffee belt

Roughly an inch (2.5 cm) of rain is expected to fall in the next few days on the drought-damaged areas of Brazil's coffee belt in southern Minas Gerais and north-western Sao Paulo state, according to Reuters Weather Dashboard data. Although still a week a
Published 14 Dec, 2014 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian spot canola futures rose to the highest level in a month on Friday on buying by speculators and commercials, coupled with a softer Canadian dollar, traders said. A weaker Canadian currency makes canola more attractive to those holding other c
Published 14 Dec, 2014 12:00am
US Midwest corn bids steady to lower

US Midwest corn bids steady to lower

Spot corn basis bids were mostly steady to weaker in the US Midwest on Friday as rising futures prices sparked farmer selling, grain dealers said. Soyabean basis bids also were mostly steady to lower. Corn basis bids dropped by 6 cents in Morris, Illinois
Published 14 Dec, 2014 12:00am
Indonesia's November palm oil output seen dropping

Indonesia's November palm oil output seen dropping

Indonesian crude palm oil output eased around 3 percent in November, a survey of leading industry officials in the world's top producer showed, crimped as drought conditions stressed trees. Palm output in Southeast Asia's largest economy was 2.306 million
Published 14 Dec, 2014 12:00am
Indonesia's tin export to fall against forecast

Indonesia's tin export to fall against forecast

Indonesia's refined tin exports will come in as much as 10,000 tonnes below forecast this year, industry groups said, and its latest clampdown on exports is likely to hinder shipments from the world's top exporter into the first quarter of 2015. That coul
Published 14 Dec, 2014 12:00am
Asian naphtha crack rebounds on crude's free fall

Asian naphtha crack rebounds on crude's free fall

The naphtha crack rebounded on Friday, stemming a near two-week slide as a slump in crude prices propped up the relative value of naphtha. The naphtha crack was up $9.24 a tonne to $35.48 a tonne against Brent crude, which hit a more than five-year low on
Published 14 Dec, 2014 12:00am
India's palm oil imports seen falling in December

India's palm oil imports seen falling in December

India's palm oil imports could drop for a second straight month in December as local crushing of the soyabean crop gathers momentum, a leading trading company said. Palm oil purchases by India, the world's top importer, could be just 775,000 tonnes despit
Published 14 Dec, 2014 12:00am
US FOB Gulf corn offers stay unchanged

US FOB Gulf corn offers stay unchanged

US FOB Gulf corn basis offers stayed unchanged after the close on Friday but the market tone firmed as futures jumped to five-month highs on optimism about exports to China, traders said. Soyabean offers were also unchanged as the market continued to cool
Published 14 Dec, 2014 12:00am
European wheat futures rise sharply

European wheat futures rise sharply

European wheat futures rose sharply on Friday, supported by a surge in US prices and further signs that Russia is considering curbing grain exports to quell domestic inflation. March wheat, the most traded contract on the Paris-based Euronext exchange, wa
Published 14 Dec, 2014 12:00am
Gulf equities slide in perfect storm of oil, leverage, panic

Gulf equities slide in perfect storm of oil, leverage, panic

Sliding oil prices, leverage and sheer panic have exposed the fragility of Gulf equity markets just as they are becoming mainstream destinations for international investors. In May, MSCI upgraded Qatar and the United Arab Emirates to emerging-market statu
Published 14 Dec, 2014 12:00am
Hong Kong unveils steps to deepen government bond market

Hong Kong unveils steps to deepen government bond market

The Hong Kong Monetary Authority (HKMA) will stop issuing new exchange fund notes with tenors of three years and above, and instead issue new government bonds in a move aimed at unifying the two yield curves. HKMA, the territory's de facto central bank, s
Published 14 Dec, 2014 12:00am
Hong Kong unveils steps to deepen government bond market

Hong Kong unveils steps to deepen government bond market

The Hong Kong Monetary Authority (HKMA) will stop issuing new exchange fund notes with tenors of three years and above, and instead issue new government bonds in a move aimed at unifying the two yield curves. HKMA, the territory's de facto central bank, s
Published 14 Dec, 2014 12:00am
Eurozone bond yields fall

Eurozone bond yields fall

Eurozone bond yields dipped on Friday as falling oil prices eroded inflation expectations, crystallising bets that the ECB will have to resort to further stimulus early next year. German 10-year yields, the euro zone benchmark, dipped below 0.65 percent,
Published 14 Dec, 2014 12:00am
Eurozone bond yields fall

Eurozone bond yields fall

Eurozone bond yields dipped on Friday as falling oil prices eroded inflation expectations, crystallising bets that the ECB will have to resort to further stimulus early next year. German 10-year yields, the euro zone benchmark, dipped below 0.65 percent,
Published 14 Dec, 2014 12:00am
China stock researchers in demand to comfort foreign cash

China stock researchers in demand to comfort foreign cash

China stockpickers are becoming hot property as global banks compete for talent capable of piercing the veil of opacity and weak governance that is deterring some investors from taking advantage of new opportunities to trade Chinese shares. China stocks h
Published 14 Dec, 2014 12:00am
Investors wary of market forecasts after 15 years of misses

Investors wary of market forecasts after 15 years of misses

Investors are taking stock market forecasts sent out by analysts at the end of the year with a pinch of salt after annual predictions fell wide of the mark for best part of 15 years. The median year-end forecast for Britain's FTSE 100 index has on average
Published 14 Dec, 2014 12:00am
Argentina bond top-up fails, reserves still under siege

Argentina bond top-up fails, reserves still under siege

Argentina's first dollar-denominated bond issue since it defaulted on its debt in July has flopped, dealing a blow to government efforts to shore up its low foreign reserves. Economy Minister Axel Kicillof said on Friday that Argentina received offers wor
Published 14 Dec, 2014 12:00am
Argentina bond top-up fails, reserves still under siege

Argentina bond top-up fails, reserves still under siege

Argentina's first dollar-denominated bond issue since it defaulted on its debt in July has flopped, dealing a blow to government efforts to shore up its low foreign reserves. Economy Minister Axel Kicillof said on Friday that Argentina received offers wor
Published 14 Dec, 2014 12:00am
TSX falls five percent on week; Amaya slumps on raid

TSX falls five percent on week; Amaya slumps on raid

Canada's main stock index ended 1.25 percent lower on Friday as a raid on the Montreal offices of gaming company Amaya Inc weighed on its shares and those of two financial firms also involved in the securities regulator probe. The index, buffeted by plung
Published 14 Dec, 2014 12:00am
UK debt chief doesn't see 'hot money' behind record low yields

UK debt chief doesn't see 'hot money' behind record low yields

Recent record low yields on British government bonds are driven by global economic factors and high-grade investors, not speculative inflows of hot money that might point to a bubble, the man who issues the debt said on Wednesday. Robert Stheeman, chief e
Published 14 Dec, 2014 12:00am
UK debt chief doesn't see 'hot money' behind record low yields

UK debt chief doesn't see 'hot money' behind record low yields

Recent record low yields on British government bonds are driven by global economic factors and high-grade investors, not speculative inflows of hot money that might point to a bubble, the man who issues the debt said on Wednesday. Robert Stheeman, chief e
Published 14 Dec, 2014 12:00am
Oil slump leads Wall Street to worst week in 2-1/2 years

Oil slump leads Wall Street to worst week in 2-1/2 years

US stocks fell sharply on Friday, leaving the benchmark S&P 500 with its worst weekly performance since May 2012, as investors pulled back from the markets in response to oil's free-fall and more weak data out of China. Oil's declines have underscored con
Published 14 Dec, 2014 12:00am
Former PwC employee charged over leaked tax documents

Former PwC employee charged over leaked tax documents

A Luxembourg judge has charged a former PricewaterhouseCoopers employee suspected of leaking documents about secret corporate tax deals with theft and giving away business secrets, the Luxembourg public prosecutor's office said on Saturday. It said in a s
Published 14 Dec, 2014 12:00am
Wall Street scores a win in Washington, eyes more victories

Wall Street scores a win in Washington, eyes more victories

Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law. The question is w
Published 14 Dec, 2014 12:00am
Spanish Prime Minister promises fresh economic reforms

Spanish Prime Minister promises fresh economic reforms

Spanish Prime Minister Mariano Rajoy on Saturday promised fresh reforms to boost Spain's economic recovery and warned he would continue to resist the drive for independence of the Catalonia region. Responding to calls for constitutional reform to answer C
Published 14 Dec, 2014 12:00am
Job losses as 175 Australian government agencies face scrap

Job losses as 175 Australian government agencies face scrap

Australia's government warned of further job losses Saturday as media reports said around 175 government agencies working in areas as diverse as Antarctic science and drought will be scrapped. The conservative administration of Prime Minister Tony Abbott
Published 14 Dec, 2014 12:00am
China's planned trust insurance fund to start with $6.5 billion

China's planned trust insurance fund to start with $6.5 billion

A planned insurance fund for China's trust industry will have an initial size of around 40 billion yuan ($6.47 billion), the state-owned China Securities Journal reported on Saturday, citing unidentified officials from the banking regulator. The fund, the
Published 14 Dec, 2014 12:00am
Facebook dumps Microsoft Web search results

Facebook dumps Microsoft Web search results

Facebook Inc has stopped including results from Microsoft Corp's Bing search engine on its social networking site. The move, confirmed by a company spokesperson, comes as Facebook has revamped its own search offerings, introducing a tool on Monday that al
Published 14 Dec, 2014 12:00am
EU food labels to help allergy sufferers

EU food labels to help allergy sufferers

New EU labelling rules taking effect Saturday require restaurants and other businesses to tell customers if their food could trigger allergies or raise other health concerns. "Key content information will now be more clearly marked on labels, helping peop
Published 14 Dec, 2014 12:00am
South Africa defends economic policies

South Africa defends economic policies

South Africa's government defended its economic policies on Saturday after credit ratings agencies cited the country's low GDP growth and budget and current account deficits as weaknesses. "Important structural reforms are underway in major economic secto
Published 14 Dec, 2014 12:00am
Italy's economy minister expects ECB to opt for quantitative easing

Italy's economy minister expects ECB to opt for quantitative easing

Italy's economy minister expects the European Central Bank to print money to buy government bonds to ward off the risk of deflation, he said in an interview published on Saturday. The measure, known as quantitative easing, has split opinion within the ECB
Published 14 Dec, 2014 12:00am
Bundesbank chief critical of EU stance on French budget

Bundesbank chief critical of EU stance on French budget

Bundesbank President Jens Weidmann said the European Commission's decision to give France longer to prove it is serious about economic reform and fixing its excessive public deficit risks damaging the credibility of the bloc's budget rules. "I would have
Published 14 Dec, 2014 12:00am
Petrobras delays results again

Petrobras delays results again

Brazil's state-run oil company Petroleo Brasileiro SA said it delayed the release of its third-quarter financial results for a second time on Friday as a result of new developments in a widening corruption probe. Prosecutors on Thursday indicted executive
Published 14 Dec, 2014 12:00am
IMF cuts Seychelles 2014 growth

IMF cuts Seychelles 2014 growth

The International Monetary Fund said Seychelles' economy will grow at 2.8 percent this year, lower than its initial forecast of 3.7 percent, due to weaker demand for the country's main exports. The Indian Ocean archipelago relies on exports of canned tuna
Published 14 Dec, 2014 12:00am
IMF cuts Seychelles 2014 growth

IMF cuts Seychelles 2014 growth

The International Monetary Fund said Seychelles' economy will grow at 2.8 percent this year, lower than its initial forecast of 3.7 percent, due to weaker demand for the country's main exports. The Indian Ocean archipelago relies on exports of canned tuna
Published 14 Dec, 2014 12:00am
BP to wield jobs axe

BP to wield jobs axe

BP is to axe middle managers and could freeze projects as it grapples with the plummeting oil price, The Sunday Times reported, citing finance director Brian Gilvary. "What you'll see with this simplification plan is that headcounts are starting to come d
Published 14 Dec, 2014 12:00am
HSBC's Swiss private banking arm not for sale

HSBC's Swiss private banking arm not for sale

The Swiss private banking arm of HSBC Holdings Plc is not for sale, its head said in a newspaper interview published on Saturday. Asked whether HSBC wanted to sell its Swiss business, Franco Morra, chief executive of HSBC Private Bank (Switzerland), told
Published 14 Dec, 2014 12:00am
South Africa's rand weakens

South Africa's rand weakens

South Africa's rand hit a six-year low against the dollar on Friday and bond prices slid on concern that ratings agency Fitch could downgrade the country's debt in its latest review. The rand slumped nearly 1 percent to 11.7225 to the dollar as of 1528 GM
Published 14 Dec, 2014 12:00am
Charities lose $23.5 million on foreign exchange

Charities lose $23.5 million on foreign exchange

Top global charities lost $23.5 million on foreign exchange last year because of problems with hedging their international income and access to often obscure currencies of poor or war-torn nations, research showed on Tuesday. An investigation into alleged
Published 14 Dec, 2014 12:00am
Canadian dollar closes at 5-1/2 years low

Canadian dollar closes at 5-1/2 years low

The Canadian dollar closed at its weakest level against the greenback in 5-1/2 years on Friday as new worries over a drop in oil demand spurred by an International Energy Agency report sent crude prices plunging. The agency, which co-ordinates the energy
Published 14 Dec, 2014 12:00am
US data underpins dollar, oil plunge sinks Norwegian crown

US data underpins dollar, oil plunge sinks Norwegian crown

The US dollar cut its losses against the euro, extended gains against the yen and reached an 11-year high against the Norwegian crown on plunging oil prices and stronger-than-expected US economic data on Friday. Oil prices fell to 5-1/2 year lows on conce
Published 14 Dec, 2014 12:00am
China to let non-banks trade in interbank FX market

China to let non-banks trade in interbank FX market

China will allow financial firms apart from banks to trade in its interbank foreign exchange market from January 1, the government said on Tuesday in another step to deepen the country's financial markets. Sources with knowledge of the matter had told Reu
Published 14 Dec, 2014 12:00am
Speculators trim dollar longs to lowest since late October

Speculators trim dollar longs to lowest since late October

Speculators further pared their net long US dollar position in the latest week to the smallest in roughly six weeks, data from the Commodity Futures Trading Commission showed on Friday. The value of the dollar's net long position slid by more than $5 bill
Published 14 Dec, 2014 12:00am
All the rage a year ago, bitcoin sputters as adoption stalls

All the rage a year ago, bitcoin sputters as adoption stalls

After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled. Figures obtained by Reuters show that while "wallets" - cyberspeak for accounts - are being cre
Published 14 Dec, 2014 12:00am
Lampard sinks Leicester as City keep pressure on Chelsea

Lampard sinks Leicester as City keep pressure on Chelsea

Manchester City made it seven straight victories and kept the pressure on Premier League leaders Chelsea as Frank Lampard's first-half goal secured a 1-0 win at lowly Leicester City on Saturday. Manuel Pellegrini's side were far from their clinical best a
Published 14 Dec, 2014 12:00am
Sri Lanka thrash England by 90 runs, clinch series

Sri Lanka thrash England by 90 runs, clinch series

Kumar Sangakkara slammed a run-a-ball 112 on Saturday to set up Sri Lanka's series-clinching 90-run win over England in the sixth one-day international in Kandy. The victory helped Sri Lanka take an unassailable 4-2 lead in the seven-match series with one
Published 14 Dec, 2014 12:00am
Pakistan 'A' beat Kenya by 9 wickets

Pakistan 'A' beat Kenya by 9 wickets

Pakistan A beat Kenya by 9 wickets in the first ODI of the 5-match series at the Qaddafi Stadium here on Saturday. Winning the toss and putting Kenya in to bat, Pakistan A restricted their opponents to a mere 167. Kenya were dismissed in the 39th over. Le
Published 14 Dec, 2014 12:00am
Shabbir emerges as the most dynamic player of Quaid-e-Azam Open Golf

Shabbir emerges as the most dynamic player of Quaid-e-Azam Open Golf

After the second round, M. Shabbir of Islamabad emerged as the most dynamic player of the 4th Quaid-e-Azam Open Golf Championship here at the historic par 72, Lahore Gymkhana Golf Course on Saturday. M. Shabbir is certainly a contender with a dynamic touc
Published 14 Dec, 2014 12:00am
Warner, Dhawan, Kohli fined over Adelaide clashes

Warner, Dhawan, Kohli fined over Adelaide clashes

Australia's David Warner and India duo Shikhar Dhawan and stand-in skipper Virat Kohli were found guilty of breaching the ICC code of conduct and handed fines for bust-ups during the stormy first Test which ended in Adelaide on Saturday. Warner and Dhawan
Published 14 Dec, 2014 12:00am
Lyon bowls Australia to victory over India

Lyon bowls Australia to victory over India

Nathan Lyon bowled Australia to a gripping 48-run victory with Indian skipper Virat Kohli almost conjuring a come-from-behind win with a magnificent last day century in the first Adelaide Test on Saturday. The off-spinner claimed seven wickets in India's
Published 14 Dec, 2014 12:00am
Feng dominates to win in Dubai

Feng dominates to win in Dubai

China's world number five Feng Shanshan, the highest ranked player in the field, completed a dominant wire-to-wire victory at the 500,000 euros Ladies European Masters - her second win in the European Tour's season-ending championship in three years. The
Published 14 Dec, 2014 12:00am
Injured Clarke out of India series, doubts on future

Injured Clarke out of India series, doubts on future

Injury-jinxed Michael Clarke says there is a chance he may never play cricket again after another setback forced him out of Australia's first Test triumph and the rest of the India series on Saturday. The Australia skipper suffered a new injury after pull
Published 14 Dec, 2014 12:00am
Misbah fined, Milne censured

Misbah fined, Milne censured

Pakistan skipper Misbah-ul Haq was fined 15 percent of his match fee for showing dissent at an umpire's decision and Kiwi bowler Adam Milne was reprimanded for using obscene language during a one-day international in Sharjah. Misbah also hurt his hamstrin
Published 14 Dec, 2014 12:00am
Injury-hit Pakistan recall Yasir Shah, Anwar Ali

Injury-hit Pakistan recall Yasir Shah, Anwar Ali

Pakistan on Saturday recalled leg-spinner Yasir Shah and all-rounder Anwar Ali for the three remaining one-day internationals against New Zealand as they continued to sweat over skipper Misbah-ul Haq's injury. Pakistan went down by four wickets in the sec
Published 14 Dec, 2014 12:00am
Multi-vehicle highway collision kills 12 in China

Multi-vehicle highway collision kills 12 in China

A multi-vehicle collision and subsequent fire on a southern Chinese expressway killed 12 people early Saturday, state media reported, the latest fatal road accident in the country. The pileup occurred in Guangdong province at about 2 am on Saturday (1800
Published 14 Dec, 2014 12:00am
Indian police arrest 'jihadi tweeter'

Indian police arrest 'jihadi tweeter'

Indian police on Saturday arrested a 24-year-old believed to be the handler of an influential Twitter account supporting the Islamic State group, officials said. Mehdi Masroor Biswas, who works for an Indian food conglomerate in the southern city of Banga
Published 14 Dec, 2014 12:00am
Air strikes, clashes near two eastern Libyan oil ports

Air strikes, clashes near two eastern Libyan oil ports

Forces loyal to Libya's recognised government on Saturday conducted air strikes on targets near the eastern oil ports of Ras Lanuf and Es-Sider to stop an advance by a rival force, officials said. The clashes are part of a wider struggle in the North Afri
Published 14 Dec, 2014 12:00am
Yemen troops kill Saudi-bound Qaeda suspects dressed as women

Yemen troops kill Saudi-bound Qaeda suspects dressed as women

Yemeni troops Saturday shot dead five al Qaeda suspects disguised as women who fired at a soldier during a checkpoint inspection of their Saudi-bound bus, officials said. Another suspect and the driver were wounded in the shooting in Harad, a town 15 kilo
Published 14 Dec, 2014 12:00am
Bashir claims victory over ICC after court shelves Darfur probe

Bashir claims victory over ICC after court shelves Darfur probe

Sudan's President Omar al-Bashir claimed victory over the International Criminal Court on Saturday after it shelved further investigation of war crimes in Darfur, and reaffirmed his hard line on the rebel region. The Hague-based court indicted Bashir in 2
Published 14 Dec, 2014 12:00am
Passengers on tarmac for eight hours after long-haul to Australia

Passengers on tarmac for eight hours after long-haul to Australia

Passengers on a flight from the United States to Australia endured an even longer journey than they were expecting when their plane was diverted and then spent eight hours waiting on the tarmac, reports said Saturday. Travellers on United Airlines flight
Published 14 Dec, 2014 12:00am
Iran extends visas for 450,000 Afghan refugees

Iran extends visas for 450,000 Afghan refugees

Iran said it had agreed to extend temporary visas for 450,000 Afghan refugees for six months, lifting a threat to send them back home to a country facing attacks by resurgent militants. Afghanistan - struggling to cope with hundreds of thousands of people
Published 14 Dec, 2014 12:00am
Mozambique launches new international airport

Mozambique launches new international airport

Mozambique's President Armando Guebuza on Saturday inaugurated a new international airport in the northern port city of Nacala, which is shortly to be Brazilian mining giant Vale's main hub for coal exports. The estimated cost of $200 million has been par
Published 14 Dec, 2014 12:00am
Three teens, man shot outside Portland school

Three teens, man shot outside Portland school

Three teenagers and a 20-year-old man were shot and wounded on Friday outside a Portland, Oregon, high school when a gunman thought to have gang ties opened fire following a dispute, police said. The suspect, believed to be in his late teens or early 20s,
Published 14 Dec, 2014 12:00am
Iran hackers may target US energy, defence firms

Iran hackers may target US energy, defence firms

The Federal Bureau of Investigation has warned US businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defence contractors, energy firms and educational institutions, according to a confidential agency document
Published 14 Dec, 2014 12:00am
US Senate tussles over spending bill as shutdown looms

US Senate tussles over spending bill as shutdown looms

The US Senate convened a special session Saturday amid deep divisions over a $1.1 trillion spending bill that lawmakers must pass to avert a government shutdown. The massive legislation has already been approved by the House of Representatives, and while
Published 14 Dec, 2014 12:00am
Kurdish forces kill 16 jihadists in Syria

Kurdish forces kill 16 jihadists in Syria

Kurdish forces killed at least 16 Islamic State group fighters in an attack on Saturday in north-east Syria near the border with Turkey, the Syrian Observatory for Human Rights said. The assault targeted IS positions south of the town of Ras al-Ain in Has
Published 14 Dec, 2014 12:00am