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Print - 2015-02-09
Afghanistan look to repeat Ireland shock factor

Afghanistan look to repeat Ireland shock factor

Afghanistan hope to follow the World Cup giant-killing blueprint drawn up by fellow outsiders Ireland when they make their debut at the game's showpiece tournament. Ireland defeated mighty Pakistan to reach the Super Eights stage at the 2007 World Cup in
Published 09 Feb, 2015 12:00am
Crouch keeps Stoke in top 10

Crouch keeps Stoke in top 10

Peter Crouch's late equaliser ensured Stoke City gained a 1-1 draw away to Newcastle on Sunday that kept them in 10th place in the Premier League. A mediocre match belatedly burst into life in the final 16 minutes when Jack Colback, who moments earlier mi
Published 09 Feb, 2015 12:00am
Australia thump India in warm-up

Australia thump India in warm-up

Glenn Maxwell and David Warner notched aggressive centuries to lead Australia's 106-run win over a hapless India in a World Cup warm-up match, raising their status as favourites in the mega-event starting this week.
Published 09 Feb, 2015 12:00am
Veterans set for key role at World Cup

Veterans set for key role at World Cup

The belief that "old is gold" will once again be put to the test in this World Cup, with several players bolstering teams with their experience and guile. Sri Lanka's Mahela Jayawardene, Pakistan's Shahid Afridi and New Zealand's Daniel Vettori are the mo
Published 09 Feb, 2015 12:00am
England face tough start to end World Cup jinx

England face tough start to end World Cup jinx

England will look to launch their bid to win a maiden World Cup title when they face co-hosts Australia on February 14, having been thrashed by their arch-rivals just last week. The recent tri-series saw England lose three times to Australia, with the fin
Published 09 Feb, 2015 12:00am
India pick Mohit Sharma in place of injured Ishant

India pick Mohit Sharma in place of injured Ishant

World Cup organisers on Sunday accepted India's request to include seamer Mohit Sharma in place of pace spearhead Ishant Sharma, who was ruled out of the tournament due to a knee injury. The World Cup's technical committee had agreed to make the change in
Published 09 Feb, 2015 12:00am
Hafeez ruled out of World Cup

Hafeez ruled out of World Cup

Pakistan opener Mohammad Hafeez was Sunday ruled out of the World Cup after suffering an ankle injury, in yet another blow to the team before the mega-event. The 34-year-old suffered the injury during the second one-day international against New Zealand i
Published 09 Feb, 2015 12:00am
Wounded Pakistan hard pressed to repeat 1992 triumph

Wounded Pakistan hard pressed to repeat 1992 triumph

If there is one team among the top eight at the World Cup which could either crash out embarrassingly in the first round or romp to the title, it's Pakistan. The talented yet unpredictable side are haunted by injuries to their fast bowlers, the suspension
Published 09 Feb, 2015 12:00am
Sharapova powers Russia into Fed Cup semi-finals

Sharapova powers Russia into Fed Cup semi-finals

Former world number one Maria Sharapova sent Russia into the semi-finals of the Fed Cup on Sunday as she defeated Poland's Agnieszka Radwanska 6-1, 7-5 to give her country an unassailable 3-0 lead. Following Sharapova's victory over sister Urszula Radwans
Published 09 Feb, 2015 12:00am
Misbah unsure reinstated Ajmal will make World Cup

Misbah unsure reinstated Ajmal will make World Cup

Pakistan captain Misbah-ul Haq said Sunday he was unsure whether Saeed Ajmal would participate in the World Cup after the off-spinner's bowling action was cleared. The 37-year-old had originally withdrawn from the World Cup, which begins on Saturday, afte
Published 09 Feb, 2015 12:00am
Australian windfarms face $13 billion wipeout from political impasse

Australian windfarms face $13 billion wipeout from political impasse

Australia faces a A$17 billion ($13.3 billion) exodus of investment from its windfarm industry because of a political deadlock, threatening to deal the country a major economic blow and kill hopes of meeting a self-imposed clean energy target.
Published 09 Feb, 2015 12:00am
Saudi Kayan gets more gas for making ethylene

Saudi Kayan gets more gas for making ethylene

Saudi Arabia's Oil Ministry has allocated more natural gas to Saudi Kayan Petrochemical Co for it to expand ethylene production at its petrochemical complex in Jubail, the company said on Sunday. The ministry has allocated the affiliate of Saudi Basic Ind
Published 09 Feb, 2015 12:00am
Russia lists 199 key firms eligible for state support amid crisis

Russia lists 199 key firms eligible for state support amid crisis

Russia has put 199 major companies on a list of strategic firms eligible for state assistance under the government's plan to help the ailing economy, the Economy Ministry said on Sunday. Russia is sliding towards recession and Moscow has come up with an a
Published 09 Feb, 2015 12:00am
Sluggish growth, turbulent markets concerns for G20

Sluggish growth, turbulent markets concerns for G20

Finance ministers and central bankers face a tough task co-ordinating action to spur global growth at G20 meetings this week, with major economies running at different speeds and monetary policies diverging. Concern over the ability of the United States t
Published 09 Feb, 2015 12:00am
Gulf institutional funds favour Japan, Asia, shun Europe: Pictet

Gulf institutional funds favour Japan, Asia, shun Europe: Pictet

Gulf institutional investors are putting their money into Asian equities, in particular Japanese stocks, but are shunning European shares after years of underperformance, the Middle East head of Pictet Asset Management said on Sunday. Many of these Middle
Published 09 Feb, 2015 12:00am
Gulf institutional funds favour Japan, Asia, shun Europe: Pictet

Gulf institutional funds favour Japan, Asia, shun Europe: Pictet

Gulf institutional investors are putting their money into Asian equities, in particular Japanese stocks, but are shunning European shares after years of underperformance, the Middle East head of Pictet Asset Management said on Sunday. Many of these Middle
Published 09 Feb, 2015 12:00am
US urges eurozone leaders to compromise with Athens

US urges eurozone leaders to compromise with Athens

The Obama administration is pushing eurozone leaders to compromise more with Greece's new government as fears grow that a protracted budget stand-off could damage the global economy, the Financial Times reported on Sunday. The US lobbying effort comes ami
Published 09 Feb, 2015 12:00am
Saudi Arabia's flynas aims for profit on lower costs, higher demand

Saudi Arabia's flynas aims for profit on lower costs, higher demand

Saudi Arabia's first and only budget airline, flynas, aims to turn profitable this year for the first time since it was launched in 2007, partly by cutting costs, its new chief executive said. The kingdom's air travel market is expanding rapidly on the ba
Published 09 Feb, 2015 12:00am
Libya's Hariga oil port shut due to strike

Libya's Hariga oil port shut due to strike

Libya's eastern oil export port Hariga shut down due to a strike of security guards, a port official said on Sunday, closing the country's last functioning export port apart from two offshore fields. The closure will lower oil output to less than 300,000
Published 09 Feb, 2015 12:00am
France asks EDF for tax transparency in overseas operations

France asks EDF for tax transparency in overseas operations

The French government has asked state-owned utility EDF to be transparent about its overseas operations to ensure that none were set up to avoid taxes, the finance ministry said on Sunday. In a letter addressed to the new head of EDF, Jean-Bernard Levy, F
Published 09 Feb, 2015 12:00am
Karachi Literature Festival concludes

Karachi Literature Festival concludes

The sixth Karachi Literature Festival (KLF) came to an end on Sunday with successfully conducting 86 sessions over the course of three days attracting a total of over 125,000 people to the event. Addressing the participants at the closing ceremony, the Co
Published 09 Feb, 2015 12:00am
Three Lyari gangsters killed in 'encounter'

Three Lyari gangsters killed in 'encounter'

The police claimed on Sunday to have killed three alleged gangsters of Lyari in an encounter that took place in Mowach Goth area of the metropolis and recovered weapons from their possession.
Published 09 Feb, 2015 12:00am
ECC may review drug pricing policy today

ECC may review drug pricing policy today

The Economic Co-ordination Committee (ECC) would either go with a 'visionary pricing mechanism', aligned with global practices, or approve the draft policy prepared by Drug Regulatory Authority (DRA), sources told Business Recorder. Pointing out that the
Published 09 Feb, 2015 12:00am
Man arrested for allegedly killing father and brother

Man arrested for allegedly killing father and brother

A man was arrested for allegedly killing his father and brother over domestic dispute here on Sunday. According to police sources, an accused Muhammad Asif shot and killed his father Haji Ismail and brother Muhammad Saleem after exchange of hot words amon
Published 09 Feb, 2015 12:00am
'Murderers of five brothers be tried in military court'

'Murderers of five brothers be tried in military court'

Relatives of deceased five brothers, killed by armed persons at Guddu Chowk, have demanded that murderers of five brothers be tried in Military Court because no justice had been dispensed to them despite passing two years.
Published 09 Feb, 2015 12:00am
KP police arrest 188 suspects, seize arms, ammunitions

KP police arrest 188 suspects, seize arms, ammunitions

The Khyber Pakhtunkhwa police in the ongoing operation against criminals and anti-social elements have rounded up 188 suspects and recovered huge quantity of arms and ammunitions. During the operation the KP police conducted operations in different parts
Published 09 Feb, 2015 12:00am
Shutdown will be observed in IOK today

Shutdown will be observed in IOK today

Complete shutdown will be observed on Monday and Wednesday to impress upon India to return mortal remains of martyred liberation leaders, Muhammad Maqbool Butt and Muhammad Afzal Guru for proper burial in the territory. Call for the strike has been given
Published 09 Feb, 2015 12:00am
Donors offer KP government assistance for reforms in police and prisons

Donors offer KP government assistance for reforms in police and prisons

A delegation comprising more than 25 diplomats and senior officials called on Chief Minister of Khyber Pakhtunkhwa in Islamabad and after appreciating the steps taken by the KP provincial government for bringing reforms, particularly in police and prisons
Published 09 Feb, 2015 12:00am
252 POs, 117 absconders rounded up in Rawalpindi in January

252 POs, 117 absconders rounded up in Rawalpindi in January

Rawalpindi Police sent behind the bars 252 proclaimed offenders and 117 court absconders in January while seven gangs of dacoits were busted during the period as police arrested 37 members of these gangs from different areas of the district said Rawalpind
Published 09 Feb, 2015 12:00am
Baldia Town factory fire: JIT report conspiracy against MQM: Rizvi

Baldia Town factory fire: JIT report conspiracy against MQM: Rizvi

Senior leader of Muttahida Qaumi Movement (MQM) Haider Abbas Rizvi has rejected the Joint Investigation Team's (JIT) report on Baldia Town factory fire declaring it a conspiracy against his party. Addressing a press conference at Nine Zero on Sunday, Rizv
Published 09 Feb, 2015 12:00am
CFTC member calls for tougher retail forex broker oversight

CFTC member calls for tougher retail forex broker oversight

Forex brokers selling products to retail clients should be subject to the same tough rules as operators in derivative markets, a member of the US Commodity Futures Trading Commission said on Wednesday, as the industry faces closer scrutiny from regulators
Published 09 Feb, 2015 12:00am
Treasury's Lew backs strong dollar, points to improved economy

Treasury's Lew backs strong dollar, points to improved economy

US Treasury Secretary Jack Lew said on Friday a strong US dollar was good for America and that the robust performance of the US economy was driving movements in currency markets. His comments supported a long-standing policy of the Treasury that strength
Published 09 Feb, 2015 12:00am
Treasury's Lew backs strong dollar, points to improved economy

Treasury's Lew backs strong dollar, points to improved economy

US Treasury Secretary Jack Lew said on Friday a strong US dollar was good for America and that the robust performance of the US economy was driving movements in currency markets. His comments supported a long-standing policy of the Treasury that strength
Published 09 Feb, 2015 12:00am
China watching volatile capital flows: forex regulator

China watching volatile capital flows: forex regulator

China is closely monitoring its cross-border capital flows, the foreign exchange regulator said on Thursday, amid signs that money is leaving the world's second-largest economy as it slows. But China is able to manage risks from capital outflows as the co
Published 09 Feb, 2015 12:00am
China watching volatile capital flows: forex regulator

China watching volatile capital flows: forex regulator

China is closely monitoring its cross-border capital flows, the foreign exchange regulator said on Thursday, amid signs that money is leaving the world's second-largest economy as it slows. But China is able to manage risks from capital outflows as the co
Published 09 Feb, 2015 12:00am
Despite rate cut, upward pressure on Danish crown unlikely to ebb

Despite rate cut, upward pressure on Danish crown unlikely to ebb

A fourth Danish interest rate cut in three weeks is unlikely to ease the upward pressure on the crown, with some investors still betting the central bank won't be able to defend the three-decade-old peg to the euro. The impact on the crown from Thursday's
Published 09 Feb, 2015 12:00am
Canadian dollar seen weakening further

Canadian dollar seen weakening further

The Canadian dollar is expected to retreat to near six-year lows in the coming year, with the economic damage from cheap oil likely to trigger another Bank of Canada interest rate cut even as the US Federal Reserve sets the stage to tighten policy. The la
Published 09 Feb, 2015 12:00am
Swiss SNB says inks pact for renminbi clearing with PBOC

Swiss SNB says inks pact for renminbi clearing with PBOC

Switzerland's central bank said on Wednesday it had agreed with the People's Bank of China (PBOC) to establish clearing arrangements in Switzerland for renminbi trading and extend a pilot scheme for clients of Swiss banks.
Published 09 Feb, 2015 12:00am
Tokyo investors look to support for share prices

Tokyo investors look to support for share prices

Tokyo investors are optimistic about next week following a rash of strong corporate earnings reports in Japan, and as fears of an immediate Greek crisis recede.
Published 09 Feb, 2015 12:00am
Nigerian dealers to curb naira trading in volatile market

Nigerian dealers to curb naira trading in volatile market

Nigerian currency dealers agreed on Wednesday to halt trading if there is a more than 2 percent intraday slide in the naira, which is being hit by the oil price slump and is at risk of speculative attacks.
Published 09 Feb, 2015 12:00am
Gulf markets rise after oil's rally

Gulf markets rise after oil's rally

Gulf stock markets rose on Sunday after oil made further gains and local companies reported mostly upbeat earnings and other positive news. Brent crude jumped 2.2 percent to $57.80 per barrel on Friday, posting its largest two-week gain in 17 years becaus
Published 09 Feb, 2015 12:00am
Five killed by bomb in Niger town

Five killed by bomb in Niger town

At least five people were killed when a bomber struck a market in the town of Diffa in south-eastern Niger on Sunday, after the army repelled an attack by Nigerian Islamist group Boko Haram on the border settlement. It was the second attack by Boko Haram
Published 09 Feb, 2015 12:00am
Turkey, Russia outline route of Turkish Stream pipeline

Turkey, Russia outline route of Turkish Stream pipeline

Turkey and Russia on Sunday tentatively agreed on the route for their planned Turkish Stream gas pipeline which Moscow hopes will replace its now scrapped South Stream project. Turkish Energy Minister Taner Yildiz and Gazprom chief executive Alexei Miille
Published 09 Feb, 2015 12:00am
Hong Kong police fire pepper spray at anti-mainland protesters

Hong Kong police fire pepper spray at anti-mainland protesters

Hong Kong police fired pepper spray and arrested protesters demonstrating against an influx of visitors from mainland China inside a shopping mall Sunday, reports said. More than 100 people took part in the protest in the town of Tuen Mun in the New Terri
Published 09 Feb, 2015 12:00am
Britain says Putin acting like 'tyrant' over Ukraine

Britain says Putin acting like 'tyrant' over Ukraine

Britain accused Russian President Vladimir Putin on Sunday of acting like a "tyrant" over Ukraine, but said Kiev's forces could not defeat Russia's army on the battlefield and that only a political solution could end the bloodshed.
Published 09 Feb, 2015 12:00am
Jordan pounds IS positions

Jordan pounds IS positions

Jordan announced Sunday it conducted dozens of air strikes on the Islamic State group that murdered one of its pilots, as part of an international assault Washington says is bearing fruit. Air Force chief Major General Mansour al-Jobour told reporters the
Published 09 Feb, 2015 12:00am
Arab leaders bemoan lack of strategy, weapons against militants

Arab leaders bemoan lack of strategy, weapons against militants

Arab leaders bemoaned what they called a lack of strategy and weapons in the fight against jihadists like Islamic State (IS) at a security conference attended by Western leaders in Munich on Sunday. IS fighters have brought large areas in Syria and Iraq u
Published 09 Feb, 2015 12:00am
US delivers arms to Lebanon, says fighting 'same enemy'

US delivers arms to Lebanon, says fighting 'same enemy'

The United States delivered more than $25 million worth of military aid including heavy artillery to the Lebanese army on Sunday to help it fight jihadist groups which have repeatedly battled with security forces near the Syrian border. The US ambassador
Published 09 Feb, 2015 12:00am
MCCI seeks action against counterfeit notes' circulation

MCCI seeks action against counterfeit notes' circulation

The Multan Chamber of Commerce and Industry (MCCI) has urged upon the government to take strict action against anti-social elements involved in circulating counterfeit currency to weaken our economy. MCCI President Mian Iqbal Hassan said, here on Sunday t
Published 09 Feb, 2015 12:00am
Terrorism a threat to promotion of trade activities: Shahbaz

Terrorism a threat to promotion of trade activities: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that terrorism, extremism and sectarianism are a big hurdle in national development and promotion of economic and trade activities in the country. He said that time has come to root out terrorism and extremism
Published 09 Feb, 2015 12:00am
Biotech crops grown on 181.5 million hectares globally in 2014

Biotech crops grown on 181.5 million hectares globally in 2014

Biotech crop hectarage increases yet again in 2014, in their 19th consecutive year of commercialisation as a record 181.5 million hectares were grown globally, at an annual growth rate of between 3 and 4 per cent, up 6.3 million hectares from 175.2 millio
Published 09 Feb, 2015 12:00am
'Pulses drills' to be provided on subsidised rates

'Pulses drills' to be provided on subsidised rates

Provincial Agriculture Department has initiated a comprehensive plan costing Rs 148.79 million for promotion of pulses in the Punjab. Sources in Agriculture department told on Sunday that the basic purpose of the plan was to provide food security the peop
Published 09 Feb, 2015 12:00am
Qadoosi's death condoled

Qadoosi's death condoled

Chief Minister Punjab Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of poet and writer Ashraf Qadoosi, former Vice Chancellor Agriculture University Faisalabad Professor Dr Abdul Rehman, father of senior journalist Sh
Published 09 Feb, 2015 12:00am
Aptma's clarification about import of cotton yarn from India

Aptma's clarification about import of cotton yarn from India

A spokesman of All Pakistan Textile Mills Association (Aptma) has clarified that Aptma has demanded 15 percent Regulatory Duty on import of subsidised fine count cotton yarn, predominantly from India, without disturbing the DTRE scheme or import under man
Published 09 Feb, 2015 12:00am
86 newly-promoted head nurses posted in LGH

86 newly-promoted head nurses posted in LGH

As many as 86 head nurses, promoted recently on the direction of Punjab Chief Minister Muhammad Shahbaz Sharif, have been posted in the Lahore General Hospital. The Punjab Health Department has promoted a total of 1,211 nurses as head nurses in grade 17 w
Published 09 Feb, 2015 12:00am
Wall chalking, misuse of loudspeaker: Lahore police arrest 760

Wall chalking, misuse of loudspeaker: Lahore police arrest 760

On the direction of CCPO Lahore Captain Ameen Wains (retd) and DIG Operations Dr Haider Ashraf, Lahore police have arrested 760 accused in 684 cases on charges of wall chalking, misuse of loudspeaker and publication of hate literature. Police have started
Published 09 Feb, 2015 12:00am
Rangers arrest 'target killer' involved in May 12 killings

Rangers arrest 'target killer' involved in May 12 killings

Rangers arrested a target killer involved in May 12, 2007 arson and killings during a targeted action, here on Sunday. Rangers spokesman said that a team of paramilitary troops conducted search operation in Mehmoodabad locality of Karachi.
Published 09 Feb, 2015 12:00am
Targeted action's goals to be achieved at every level: IGP Sindh

Targeted action's goals to be achieved at every level: IGP Sindh

Inspector General of Police (IGP) Sindh Ghulam Haider Jamali has directed that overall goals set for the ongoing targeted action against criminals should be achieved at every level to restore law and order and protect the life and property of the people.
Published 09 Feb, 2015 12:00am
PTI leader warns of street agitation if JC not constituted

PTI leader warns of street agitation if JC not constituted

Asad Umar, Senior Vice President of Pakistan Tehrik-e-Insaf (PTI), has warned that if judicial commission (JC) is not established to probe riggings in polls then decisions would be taken on roads. He was speaking to party workers and media persons, here o
Published 09 Feb, 2015 12:00am
Imran formally asks former governor to join PTI

Imran formally asks former governor to join PTI

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday formally asked former Punjab governor Chaudhry Mohammad Sarwar to join his party. Sarwar, who recently quit the job of Governor Punjab over what he said "a failure to achieve what he had set out
Published 09 Feb, 2015 12:00am
Imran formally asks former governor to join PTI

Imran formally asks former governor to join PTI

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday formally asked former Punjab governor Chaudhry Mohammad Sarwar to join his party. Sarwar, who recently quit the job of Governor Punjab over what he said "a failure to achieve what he had set out
Published 09 Feb, 2015 12:00am
Umar Khorasani injured in Afghanistan

Umar Khorasani injured in Afghanistan

The outlawed Tehreek-e-Taliban Mohmand faction chief, and patron of TTP-Jamatul Ahrar (TTP-JA) Umar Khalid Khorasani has suffered serious injuries in a clash with Afghan security forces in the Ningrahar province of Afghanistan. Former Pakistani Taliban sp
Published 09 Feb, 2015 12:00am
Umar Khorasani injured in Afghanistan

Umar Khorasani injured in Afghanistan

The outlawed Tehreek-e-Taliban Mohmand faction chief, and patron of TTP-Jamatul Ahrar (TTP-JA) Umar Khalid Khorasani has suffered serious injuries in a clash with Afghan security forces in the Ningrahar province of Afghanistan. Former Pakistani Taliban sp
Published 09 Feb, 2015 12:00am
Four-way emergency Ukraine summit planned for Wednesday

Four-way emergency Ukraine summit planned for Wednesday

The leaders of Ukraine, Germany and France are pushing for a summit with Russian President Vladimir Putin on Wednesday in a frantic bid to halt escalating bloodshed in eastern Ukraine. The four leaders discussed the meeting in a phone call Sunday as part
Published 09 Feb, 2015 12:00am
Four-way emergency Ukraine summit planned for Wednesday

Four-way emergency Ukraine summit planned for Wednesday

The leaders of Ukraine, Germany and France are pushing for a summit with Russian President Vladimir Putin on Wednesday in a frantic bid to halt escalating bloodshed in eastern Ukraine. The four leaders discussed the meeting in a phone call Sunday as part
Published 09 Feb, 2015 12:00am
Greek exit from eurozone inevitable: Greenspan

Greek exit from eurozone inevitable: Greenspan

Greece will have to leave the eurozone sooner or later, the former head of the United States central bank Alan Greenspan said on Sunday. The comments come after a diplomatic blitz by Greece''s new anti-austerity government to try to renegotiate a new debt
Published 09 Feb, 2015 12:00am
Greek exit from eurozone inevitable: Greenspan

Greek exit from eurozone inevitable: Greenspan

Greece will have to leave the eurozone sooner or later, the former head of the United States central bank Alan Greenspan said on Sunday. The comments come after a diplomatic blitz by Greece's new anti-austerity government to try to renegotiate a new debt
Published 09 Feb, 2015 12:00am
Greek exit from eurozone inevitable: Greenspan

Greek exit from eurozone inevitable: Greenspan

Greece will have to leave the eurozone sooner or later, the former head of the United States central bank Alan Greenspan said on Sunday. The comments come after a diplomatic blitz by Greece's new anti-austerity government to try to renegotiate a new debt
Published 09 Feb, 2015 12:00am
Charles voices concern over Christians fleeing Middle East

Charles voices concern over Christians fleeing Middle East

Britain's Prince Charles said the numbers of vulnerable young Muslims being radicalised by "crazy stuff" on the Internet was "frightening", in an interview to be broadcast Sunday. The heir to the throne also voiced concern about Christians fleeing the Mid
Published 09 Feb, 2015 12:00am
Charles voices concern over Christians fleeing Middle East

Charles voices concern over Christians fleeing Middle East

Britain's Prince Charles said the numbers of vulnerable young Muslims being radicalised by "crazy stuff" on the Internet was "frightening", in an interview to be broadcast Sunday. The heir to the throne also voiced concern about Christians fleeing the Mid
Published 09 Feb, 2015 12:00am
Better no N-deal than a bad one: Khamenei

Better no N-deal than a bad one: Khamenei

Iran's supreme leader Ayatollah Ali Khamenei said Sunday that he would rather see no deal reached with major powers on his country's nuclear programme than one that undercut national interests. His comments came as US Secretary of State John Kerry met Ira
Published 09 Feb, 2015 12:00am
Better no N-deal than a bad one: Khamenei

Better no N-deal than a bad one: Khamenei

Iran's supreme leader Ayatollah Ali Khamenei said Sunday that he would rather see no deal reached with major powers on his country's nuclear programme than one that undercut national interests. His comments came as US Secretary of State John Kerry met Ira
Published 09 Feb, 2015 12:00am
Best party mood for oil traders since 2008 price crash

Best party mood for oil traders since 2008 price crash

The oil price crash has meant slashed budgets, staff layoffs and mothballed projects for big producers, but oil traders will celebrate their best market for years this week. As hundreds of dealers flock to London for the annual International Petroleum Wee
Published 09 Feb, 2015 12:00am
Greece says no to bailout extension, pledges to honour debts

Greece says no to bailout extension, pledges to honour debts

New Greek Prime Minister Alexis Tsipras said Sunday Athens did not want an extension of its bailout but insisted on the need for a "bridge programme" which would buy the country time to negotiate a new deal.
Published 09 Feb, 2015 12:00am
14 dead in Egypt police clashes with football fans

14 dead in Egypt police clashes with football fans

Fourteen people were killed Sunday in clashes between Egyptian police and Zamalek football club fans at a Cairo stadium, the official MENA news agency reported, raising an earlier death toll. The agency quoted the state prosecution as saying 14 bodies of
Published 09 Feb, 2015 12:00am
One dead in shooting outside Grammy pre-party

One dead in shooting outside Grammy pre-party

One person was shot dead outside a party in Los Angeles attended by two rappers in contention at Sunday's Grammy Awards, police and the venue said. At least two suspects opened fire outside the night-club late Saturday in the heart of Hollywood, police sa
Published 09 Feb, 2015 12:00am
Dastgir to discuss PTA, TTA: Kabul visit starts on February 09

Dastgir to discuss PTA, TTA: Kabul visit starts on February 09

Commerce Minister Engineer Khurram Dastgir Khan will undertake a three- day official visit to Afghanistan starting from February 10, 2015 to discuss Preferential Trade Agreement (PTA) and progress on Transit Trade Agreement (TTA) among Pakistan, Afghanist
Published 09 Feb, 2015 12:00am
Dastgir to discuss PTA, TTA: Kabul visit starts on February 09

Dastgir to discuss PTA, TTA: Kabul visit starts on February 09

Commerce Minister Engineer Khurram Dastgir Khan will undertake a three- day official visit to Afghanistan starting from February 10, 2015 to discuss Preferential Trade Agreement (PTA) and progress on Transit Trade Agreement (TTA) among Pakistan, Afghanist
Published 09 Feb, 2015 12:00am
Dastgir to discuss PTA, TTA: Kabul visit starts on February 09

Dastgir to discuss PTA, TTA: Kabul visit starts on February 09

Commerce Minister Engineer Khurram Dastgir Khan will undertake a three- day official visit to Afghanistan starting from February 10, 2015 to discuss Preferential Trade Agreement (PTA) and progress on Transit Trade Agreement (TTA) among Pakistan, Afghanist
Published 09 Feb, 2015 12:00am
Futures spreads down by 122 basis points

Futures spreads down by 122 basis points

Futures spreads declined by 122 basis points (bps) to 12.56 per cent compared to 13.78 per cent of the preceding week. The week that ended on February 6 saw the average trading volume sliding by 41.5 per cent to 37.15 million shares from the previous 63.4
Published 09 Feb, 2015 12:00am
Futures spreads down by 122 basis points

Futures spreads down by 122 basis points

Futures spreads declined by 122 basis points (bps) to 12.56 per cent compared to 13.78 per cent of the preceding week. The week that ended on February 6 saw the average trading volume sliding by 41.5 per cent to 37.15 million shares from the previous 63.4
Published 09 Feb, 2015 12:00am
Futures spreads down by 122 basis points

Futures spreads down by 122 basis points

Futures spreads declined by 122 basis points (bps) to 12.56 per cent compared to 13.78 per cent of the preceding week. The week that ended on February 6 saw the average trading volume sliding by 41.5 per cent to 37.15 million shares from the previous 63.4
Published 09 Feb, 2015 12:00am
Futures spreads down by 122 basis points

Futures spreads down by 122 basis points

Futures spreads declined by 122 basis points (bps) to 12.56 per cent compared to 13.78 per cent of the preceding week. The week that ended on February 6 saw the average trading volume sliding by 41.5 per cent to 37.15 million shares from the previous 63.4
Published 09 Feb, 2015 12:00am
Record-breaking trend continues

Record-breaking trend continues

With benchmark index peaking beyond the psychological barrier of 35,000 points in the Wednesday''s session, the Karachi stocks market grew by 0.62 per cent during the week that ended on February 6. Sustaining its record-breaking bullish momentum, the KSE
Published 09 Feb, 2015 12:00am
Record-breaking trend continues

Record-breaking trend continues

With benchmark index peaking beyond the psychological barrier of 35,000 points in the Wednesday's session, the Karachi stocks market grew by 0.62 per cent during the week that ended on February 6. Sustaining its record-breaking bullish momentum, the KSE 1
Published 09 Feb, 2015 12:00am
Record-breaking trend continues

Record-breaking trend continues

With benchmark index peaking beyond the psychological barrier of 35,000 points in the Wednesday's session, the Karachi stocks market grew by 0.62 per cent during the week that ended on February 6. Sustaining its record-breaking bullish momentum, the KSE 1
Published 09 Feb, 2015 12:00am