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Print - 2015-03-24
US FCC inches towards reforming airwave auction discounts

US FCC inches towards reforming airwave auction discounts

US regulators are moving forward with plans to change the rules for government airwaves auctions to prevent big companies from tapping a discount program intended for small businesses, according to an FCC official familiar with the matter.
Published 24 Mar, 2015 12:00am
Russia tries to shore up car industry as Volkswagen cuts jobs

Russia tries to shore up car industry as Volkswagen cuts jobs

Russia on Monday said it would pump around $425 million into fuelling its crisis-hit automobile industry as Volkswagen became the latest manufacturer to cut back operations in the country. Prime Minister Dmitry Medvedev announced the plan to boost the bel
Published 24 Mar, 2015 12:00am
S&P 500 firms post record shareholder payouts in 2014

S&P 500 firms post record shareholder payouts in 2014

Shareholder payouts from S&P 500 companies hit unprecedented levels in 2014, thanks to record cash levels, according to a report Monday from S&P Dow Jones Indices. Total payouts for the 500 large-cap companies listed on the S&P 500 index hit a new record
Published 24 Mar, 2015 12:00am
IMF head welcomes China-backed bank on Beijing visit

IMF head welcomes China-backed bank on Beijing visit

International Monetary Fund head Christine Lagarde said Monday she welcomed Beijing's creation of a new infrastructure bank - an institution that has drawn support from Europe and scepticism from Washington. Lagarde made the comments as she wrapped up a f
Published 24 Mar, 2015 12:00am
Fed expected to hike this year, but future path uncertain: Fischer

Fed expected to hike this year, but future path uncertain: Fischer

The Federal Reserve is "widely expected" to begin raising interest rates this year though the policy path remains uncertain, the central bank's second-in-command said on Monday, appearing to lay the groundwork for a less predictable future.
Published 24 Mar, 2015 12:00am
Canadian export agency signs deal to promote yuan use

Canadian export agency signs deal to promote yuan use

Canada's export agency signed a deal with China's biggest bank on Monday to promote the use of the yuan as a settlement currency in trade-related transactions, as officials in Toronto prepared to launch the first yuan trading hub in the Americas.
Published 24 Mar, 2015 12:00am
Draghi says resurgent bank lending supporting recovery

Draghi says resurgent bank lending supporting recovery

Businesses' demand for bank loans is resurgent in the euro zone as cheaper credit makes new investment projects more attractive, and this will support an economic recovery, ECB President Mario Draghi said on Monday. Speaking to European lawmakers in Bruss
Published 24 Mar, 2015 12:00am
New Zealand consumer confidence improves

New Zealand consumer confidence improves

Consumer confidence in New Zealand lifted from a two-year low in the first quarter, a survey showed on Monday, as consumers were buoyed by solid growth. The Westpac-McDermott Miller consumer confidence index rose to 117.4 from 114.8 in the previous quarte
Published 24 Mar, 2015 12:00am
'Made in China' tops EU list of unsafe products

'Made in China' tops EU list of unsafe products

From toy-shaped cigarette lighters to a short-circuting plush rabbit that catches fire, a European safety watchdog warned Monday of a growing number of dangerous products for sale, with most coming from China. The watchdog said it had issued 2,435 notific
Published 24 Mar, 2015 12:00am
Chinese takeover of Pirelli met with resignation in Italy

Chinese takeover of Pirelli met with resignation in Italy

The takeover of tyre maker Pirelli by a Chinese firm sparked feelings of bitterness and resignation in Italy on Monday, as the cash-strapped country prepared to relinquish an iconic part of its industrial heritage. Pirelli's largest shareholder Camfin sai
Published 24 Mar, 2015 12:00am
German businessmen challenge ECB's bond purchase programme

German businessmen challenge ECB's bond purchase programme

Three German businessmen are seeking to block the European Central Bank's controversial bond purchase programme, arguing it oversteps the bank's mandate, their legal expert told AFP on Monday. Christoph Degenhart, a professor in constitutional law at Leip
Published 24 Mar, 2015 12:00am
German businessmen challenge ECB's bond purchase programme

German businessmen challenge ECB's bond purchase programme

Three German businessmen are seeking to block the European Central Bank's controversial bond purchase programme, arguing it oversteps the bank's mandate, their legal expert told AFP on Monday. Christoph Degenhart, a professor in constitutional law at Leip
Published 24 Mar, 2015 12:00am
Cruz launches White House bid, vows to reclaim US promise

Cruz launches White House bid, vows to reclaim US promise

Pledging to renew America's promise, ultra-conservative US Senator Ted Cruz launched his White House quest on Monday, effectively kick-starting the 2016 presidential race. Cruz is the first runner to formally join what will be a crowded Republican field v
Published 24 Mar, 2015 12:00am
Clinton urges non-partisan attack on economic inequality

Clinton urges non-partisan attack on economic inequality

Hillary Clinton made an appearance with labour leaders Monday, calling for a non-partisan struggle against economic inequality in one of her last speeches before formally launching her expected bid for the White House. Clinton returned to a theme she has
Published 24 Mar, 2015 12:00am
Tunisia fires police chiefs over museum massacre

Tunisia fires police chiefs over museum massacre

Tunisia's prime minister fired police chiefs in the capital Monday as the country looks to restore faith in its tourism industry after last week's jihadist attack that killed 20 foreigners. Prime Minister Habib Essid sacked the heads of police for Tunis a
Published 24 Mar, 2015 12:00am
MSF and WHO trade blame over slow global Ebola response

MSF and WHO trade blame over slow global Ebola response

A war of words broke out Monday between aid agency Doctors Without Borders and the World Health Organisation over who was to blame for the slow response to the Ebola epidemic that broke out a year ago. Doctors Without Borders released a scathing report on
Published 24 Mar, 2015 12:00am
Starbucks halts race campaign

Starbucks halts race campaign

Starbucks has halted its campaign to mix discussions of racism with its coffee after the initiative met with skepticism and sarcastic put-downs. In an open letter saying the "Race Together" campaign was ended Sunday, CEO Howard Schultz summed up the effor
Published 24 Mar, 2015 12:00am
LB and CB polls: PPP announces body in Peshawar

LB and CB polls: PPP announces body in Peshawar

PPP, Khyber Pakhtunkhwa on Monday announced committee for monitoring party affairs and upcoming local bodies' and cantonment boards elections in Peshawar. The panel unveiled by the provincial secretary information, PPP, Liaquat Shabab is comprising of Zul
Published 24 Mar, 2015 12:00am
Senate Chairman urges democratic forces to unite

Senate Chairman urges democratic forces to unite

Senate Chairman Mian Raza Rabbani on Monday called upon all democratic forces to get united for the betterment of the people of Pakistan and said that after reaching a consensus to set up a judicial commission, the PTI should come in parliament to play it
Published 24 Mar, 2015 12:00am
Claims filing: PRGMEA urges ministry to extend date

Claims filing: PRGMEA urges ministry to extend date

The Pakistan Readymade Garments Manufacturers and Exporters Association (South Zone) has urged the Ministry of Textile Industry to extend the date to file the claims under notification no. 1(41) TID/14-RDA till May 31, 2015 due to lengthy procedure and fr
Published 24 Mar, 2015 12:00am
JI chief calls for introduction of uniform education system

JI chief calls for introduction of uniform education system

Jamaat-i-Islami Central chief Siraj-ul-Haq has called for introduction of uniform education system, saying that if his party elected to power in the country, will bring reforms in education sector and remove culture of different curriculum at government a
Published 24 Mar, 2015 12:00am
'Kashmir won't be allowed to become another Palestine'

'Kashmir won't be allowed to become another Palestine'

Member of the so-called Kashmir Assembly Engineer Abdur Rasheed, while castigated the statement of puppet Chief Minister Mufti Saeed that PDP-BJP regime proposes having separate satellite townships for Kashmiri Pandits in Kashmir valley, has said he would
Published 24 Mar, 2015 12:00am
Butchers given deadline for selling hygienic meat

Butchers given deadline for selling hygienic meat

District administration, Peshawar has given a deadline of one month to butchers s for selling clean and hygienic meat on officially fixed rate and its weighting on electronic scale. The directives in this regard were issued by Deputy Commissioner (DC) Pes
Published 24 Mar, 2015 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold firmed for the fourth straight session early on Monday to its highest in more than two weeks, as the dollar extended losses and expectations rose that the Federal Reserve will hold off until at least September to raise interest rates. Gold had dipped
Published 24 Mar, 2015 12:00am
US MIDDAY: soya, corn and wheat rise

US MIDDAY: soya, corn and wheat rise

US soyabean, corn and wheat futures climbed 1 percent or more on Monday, extending gains from late last week as the dollar weakened and investors covered short positions. Dry weather in Russia and southern US Plains growing areas also underpinned wheat pr
Published 24 Mar, 2015 12:00am
Gold rises in Europe

Gold rises in Europe

Gold firmed for the fourth straight session on Monday to its highest in more than two weeks, as the dollar extended losses and expectations rose that the Federal Reserve will hold off until at least September to raise interest rates. Gold had dipped to a
Published 24 Mar, 2015 12:00am
Gold little changed in Asia

Gold little changed in Asia

Gold retained gains from a three-day rally on Monday to trade near its highest in two weeks, boosted by a weaker dollar and caution from the Federal Reserve on the timing of a possible hike in US interest rates. Spot gold was little changed at $1,182.55 a
Published 24 Mar, 2015 12:00am
Speculators push New York cocoa price lower, arabica drops

Speculators push New York cocoa price lower, arabica drops

New York cocoa futures fell on Monday as speculators resumed their selling spree, while arabica coffee dropped for the first time in six sessions, with both markets defying the day's firm trend in the broader commodity complex. Raw sugar futures edged up
Published 24 Mar, 2015 12:00am
Palm oil gains, as Indonesia to impose levies on exports

Palm oil gains, as Indonesia to impose levies on exports

Malaysian palm oil futures rose on Monday as Indonesia's plan to impose levies on crude palm exports triggered hasty buying from the top producer, although traders say gains are "unsustainable" as the tropical oil battles with dwindling global demand.
Published 24 Mar, 2015 12:00am
Rubber soars

Rubber soars

Benchmark Tokyo rubber futures ended 1.7 percent higher on Monday, bolstered by a jump in Shanghai futures to a near three-week high after data showed a sharp decline in China's rubber stockpiles. The Tokyo Commodity Exchange rubber contract for August de
Published 24 Mar, 2015 12:00am
Brent crude oil turns lower on fears of oversupply

Brent crude oil turns lower on fears of oversupply

Brent crude oil prices slipped towards $55 in the last hour of trading after an announcement from Saudi Arabia that its daily oil production neared record highs outweighed a weakened dollar. After rising as high as $56.17 in the day's trading, Brent crude
Published 24 Mar, 2015 12:00am
Copper and lead up

Copper and lead up

Lead prices climbed on Monday on concern about potential shortages after a dramatic drop in available inventories while a weaker dollar helped to support other metals, with copper rising to its highest in more than two months. London Metal Exchange (LME)
Published 24 Mar, 2015 12:00am
Shanghai copper surges

Shanghai copper surges

The most-traded May copper contract on the Shanghai Futures Exchange surged to 44,050 yuan ($7,101) a tonne on Monday, also its highest since early Jan, before ending up 3.7 percent at 43,690 yuan as expectations the United States will delay an interest r
Published 24 Mar, 2015 12:00am
Cotton futures rise to near three-week high on weaker dollar

Cotton futures rise to near three-week high on weaker dollar

Cotton futures rallied to their highest level in almost three weeks on Monday as the US dollar continued its move downward while investors piled into nearby contracts amid tight supplies ahead of the next harvest. The front-month May cotton contract on IC
Published 24 Mar, 2015 12:00am
Policy rate cut: pitfalls of policy advice

Policy rate cut: pitfalls of policy advice

Following a cut in the policy rate by 0.5 percent on 15th December, 2014 and 1.0 percent on 24th January, 2015, State Bank has again decided to soften its monetary stance by reducing the rate by another 50 basis points to 8.0 percent per annum with effect
Published 24 Mar, 2015 12:00am
Fighting terrorism

Fighting terrorism

The Prime Minister and the Army Chief repeatedly assert their determination to "uproot" terrorism - the wound that has bled Pakistan for over a decade. During that period, besides half-hearted efforts at confronting terrorism (until operation "Zarb-e-Azb"
Published 24 Mar, 2015 12:00am
Slum kids confront sexism as India grapples with abuse of women

Slum kids confront sexism as India grapples with abuse of women

Standing before a classroom packed with teenagers, Yojana Salunke begins her weekly one-hour lesson on a subject which many experts say is crucial to helping India address one of its biggest challenges - gender inequality.
Published 24 Mar, 2015 12:00am
Pakistan Day parade

Pakistan Day parade

There is hardly any doubt about the fact that March 23, 2015 will always be remembered as a day of profound military achievement through which it successfully and confidently showcased its prowess and strength in the realm of warfare. As telecast by a hos
Published 24 Mar, 2015 12:00am
Sanofi Aventis

Sanofi Aventis

Sanofi Aventis emerged in present form in 2005, when Sanofi Synthelabo acquired Aventis SA. But the company's roots run much deeper as it was initially incorporated in 1967 as Hoechst Pakistan Limited. It began manufacturing pharmaceuticals and chemicals
Published 24 Mar, 2015 12:00am
Sanofi Aventis

Sanofi Aventis

Sanofi Aventis emerged in present form in 2005, when Sanofi Synthelabo acquired Aventis SA. But the company's roots run much deeper as it was initially incorporated in 1967 as Hoechst Pakistan Limited. It began manufacturing pharmaceuticals and chemicals
Published 24 Mar, 2015 12:00am
HEC's third social sciences conference in May

HEC's third social sciences conference in May

The Higher Education Commission's (HEC) Committee for Development of Social Sciences and Humanities in Pakistan (CDSSHP) in collaboration with the University of Peshawar is organising the 3rd Conference on Promotion of Social Science Research in Pakistani
Published 24 Mar, 2015 12:00am
Call for preferring national interests over personal interests

Call for preferring national interests over personal interests

Former speaker National Assembly Fakhar Imam has said that national interest must prevail at any cost. He was speaking at a Pakistan Day programme held here at TECH Society club, which also addressed by former justice Fazal Karim, Qayyum Nizami, Manzoor A
Published 24 Mar, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 24 Mar, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 24 Mar, 2015 12:00am
The Weather

The Weather

The weather report on Monday (March 23, 2015) and the forecast for Tuesday (March 24, 2015).

Published 24 Mar, 2015 12:00am
Cheap credit, but where are the borrowers?

Cheap credit, but where are the borrowers?

The central bank took the well beaten path of monetary easing by lowering the discount rate. The MPS announcement made public on Saturday took the discount rate down by another 50 basis points to eight percent. The decision was in line with market expecta
Published 24 Mar, 2015 12:00am
Cheap credit, but where are the borrowers?

Cheap credit, but where are the borrowers?

The central bank took the well beaten path of monetary easing by lowering the discount rate. The MPS announcement made public on Saturday took the discount rate down by another 50 basis points to eight percent. The decision was in line with market expecta
Published 24 Mar, 2015 12:00am
Khyber-I operation: troops make significant gains

Khyber-I operation: troops make significant gains

Pakistan army achieved significant successes in the Khyber-I operation Sunday night when air strikes targeted terrorists in areas close to the Afghan border in Tirah valley. Director General ISPR Major General Asim Bajwa tweeted that terrorists were dislo
Published 24 Mar, 2015 12:00am
Khyber-I operation: troops make significant gains

Khyber-I operation: troops make significant gains

Pakistan army achieved significant successes in the Khyber-I operation Sunday night when air strikes targeted terrorists in areas close to the Afghan border in Tirah valley. Director General ISPR Major General Asim Bajwa tweeted that terrorists were dislo
Published 24 Mar, 2015 12:00am
Egypt, Ethiopia and Sudan sign deal on dam

Egypt, Ethiopia and Sudan sign deal on dam

Leaders from Egypt, Ethiopia and Sudan signed a co-operation deal on Monday over a giant Ethiopian hydroelectric dam on a tributary of the river Nile, in a bid to ease tensions over regional water supplies. The leaders said the "declaration of principles"
Published 24 Mar, 2015 12:00am
Egypt, Ethiopia and Sudan sign deal on dam

Egypt, Ethiopia and Sudan sign deal on dam

Leaders from Egypt, Ethiopia and Sudan signed a co-operation deal on Monday over a giant Ethiopian hydroelectric dam on a tributary of the river Nile, in a bid to ease tensions over regional water supplies. The leaders said the "declaration of principles"
Published 24 Mar, 2015 12:00am
Egypt, Ethiopia and Sudan sign deal on dam

Egypt, Ethiopia and Sudan sign deal on dam

Leaders from Egypt, Ethiopia and Sudan signed a co-operation deal on Monday over a giant Ethiopian hydroelectric dam on a tributary of the river Nile, in a bid to ease tensions over regional water supplies. The leaders said the "declaration of principles"
Published 24 Mar, 2015 12:00am
Parade showcases military's might

Parade showcases military's might

A joint military parade by armed forces was held in capital city after a gap of seven years under tight security to avert any untoward incident. Contingents of all the three services, Army, Navy and Air force participated in the parade. The day in capital
Published 24 Mar, 2015 12:00am
Parade showcases military's might

Parade showcases military's might

A joint military parade by armed forces was held in capital city after a gap of seven years under tight security to avert any untoward incident. Contingents of all the three services, Army, Navy and Air force participated in the parade. The day in capital
Published 24 Mar, 2015 12:00am
Modi offers grudging congratulations to Nawaz

Modi offers grudging congratulations to Nawaz

Indian Prime Minister Narendra Modi on Monday greeted his counterpart Nawaz Sharif on Pakistan National Day. He told Sharif that all outstanding issues between the two neighbours can be resolved through bilateral talks in a terror-free atmosphere.
Published 24 Mar, 2015 12:00am
Modi offers grudging congratulations to Nawaz

Modi offers grudging congratulations to Nawaz

Indian Prime Minister Narendra Modi on Monday greeted his counterpart Nawaz Sharif on Pakistan National Day. He told Sharif that all outstanding issues between the two neighbours can be resolved through bilateral talks in a terror-free atmosphere.
Published 24 Mar, 2015 12:00am
Energy woes: Qatar to lend a helping hand

Energy woes: Qatar to lend a helping hand

Pakistan and Qatar on Monday signed agreements to further deepen mutually beneficial co-operation existing between the two countries in the fields of education, culture, youth and sports. Agreements were signed following delegation-level talks between the
Published 24 Mar, 2015 12:00am
Energy woes: Qatar to lend a helping hand

Energy woes: Qatar to lend a helping hand

Pakistan and Qatar on Monday signed agreements to further deepen mutually beneficial co-operation existing between the two countries in the fields of education, culture, youth and sports. Agreements were signed following delegation-level talks between the
Published 24 Mar, 2015 12:00am
Energy woes: Qatar to lend a helping hand

Energy woes: Qatar to lend a helping hand

Pakistan and Qatar on Monday signed agreements to further deepen mutually beneficial co-operation existing between the two countries in the fields of education, culture, youth and sports. Agreements were signed following delegation-level talks between the
Published 24 Mar, 2015 12:00am
Deal likely on import of LNG

Deal likely on import of LNG

Pakistan and Qatar are likely to strike the final deal on import of Liquefied Natural Gas (LNG), as Qatari ruler Sheikh Tamim bin Hamad Al Thani has reached Islamabad to do away with all contentious issues, it is learnt. Business Recorder on March
Published 24 Mar, 2015 12:00am
Deal likely on import of LNG

Deal likely on import of LNG

Pakistan and Qatar are likely to strike the final deal on import of Liquefied Natural Gas (LNG), as Qatari ruler Sheikh Tamim bin Hamad Al Thani has reached Islamabad to do away with all contentious issues, it is learnt. Business Recorder on March
Published 24 Mar, 2015 12:00am
Deal likely on import of LNG

Deal likely on import of LNG

Pakistan and Qatar are likely to strike the final deal on import of Liquefied Natural Gas (LNG), as Qatari ruler Sheikh Tamim bin Hamad Al Thani has reached Islamabad to do away with all contentious issues, it is learnt. Business Recorder on March
Published 24 Mar, 2015 12:00am
Tsipras, Merkel urge end to ugly eurozone 'stereotypes'

Tsipras, Merkel urge end to ugly eurozone 'stereotypes'

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel on Monday urged an end to the vicious "stereotypes" and name-calling that have threatened to rip the eurozone apart. After weeks of bitter acrimony between the new radical-left govern
Published 24 Mar, 2015 12:00am
Tsipras, Merkel urge end to ugly eurozone 'stereotypes'

Tsipras, Merkel urge end to ugly eurozone 'stereotypes'

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel on Monday urged an end to the vicious "stereotypes" and name-calling that have threatened to rip the eurozone apart. After weeks of bitter acrimony between the new radical-left govern
Published 24 Mar, 2015 12:00am
Tsipras, Merkel urge end to ugly eurozone ''stereotypes''

Tsipras, Merkel urge end to ugly eurozone ''stereotypes''

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel on Monday urged an end to the vicious "stereotypes" and name-calling that have threatened to rip the eurozone apart. After weeks of bitter acrimony between the new radical-left govern
Published 24 Mar, 2015 12:00am
February services trade posts surplus on CSF inflows

February services trade posts surplus on CSF inflows

The country's services trade posted a $472 million surplus in February 2015, mainly due to higher Coalition Support Fund (CSF) inflows. Independent economists said that service trade statistics are very encouraging as after a long gap it has posted a sign
Published 24 Mar, 2015 12:00am
February services trade posts surplus on CSF inflows

February services trade posts surplus on CSF inflows

The country's services trade posted a $472 million surplus in February 2015, mainly due to higher Coalition Support Fund (CSF) inflows. Independent economists said that service trade statistics are very encouraging as after a long gap it has posted a sign
Published 24 Mar, 2015 12:00am
February services trade posts surplus on CSF inflows

February services trade posts surplus on CSF inflows

The country''s services trade posted a $472 million surplus in February 2015, mainly due to higher Coalition Support Fund (CSF) inflows. Independent economists said that service trade statistics are very encouraging as after a long gap it has posted a sig
Published 24 Mar, 2015 12:00am
Federal budget may be presented on May 29

Federal budget may be presented on May 29

The government has fixed May 29 as a tentative date for presenting next fiscal year (2015-16) budget in the Parliament, according to a 'Budget Circular' issued by Finance Ministry. Finance Division has issued budget circular to Ministries and Divisions wi
Published 24 Mar, 2015 12:00am
Federal budget may be presented on May 29

Federal budget may be presented on May 29

The government has fixed May 29 as a tentative date for presenting next fiscal year (2015-16) budget in the Parliament, according to a 'Budget Circular' issued by Finance Ministry. Finance Division has issued budget circular to Ministries and Divisions wi
Published 24 Mar, 2015 12:00am
Federal budget may be presented on May 29

Federal budget may be presented on May 29

The government has fixed May 29 as a tentative date for presenting next fiscal year (2015-16) budget in the Parliament, according to a ''Budget Circular'' issued by Finance Ministry. Finance Division has issued budget circular to Ministries and Divisions
Published 24 Mar, 2015 12:00am
Structural impediments mar growth

Structural impediments mar growth

Ministry of Planning, Development and Reform has revised downward the GDP growth rate of 2014-15 to 4.5 per cent against the original target of 5.1 per cent due to impediments in agriculture and industrial sectors besides energy shortfalls and law and ord
Published 24 Mar, 2015 12:00am
Structural impediments mar growth

Structural impediments mar growth

Ministry of Planning, Development and Reform has revised downward the GDP growth rate of 2014-15 to 4.5 per cent against the original target of 5.1 per cent due to impediments in agriculture and industrial sectors besides energy shortfalls and law and ord
Published 24 Mar, 2015 12:00am
Structural impediments mar growth

Structural impediments mar growth

Ministry of Planning, Development and Reform has revised downward the GDP growth rate of 2014-15 to 4.5 per cent against the original target of 5.1 per cent due to impediments in agriculture and industrial sectors besides energy shortfalls and law and ord
Published 24 Mar, 2015 12:00am
Singapore plunges into mourning: World leaders pay tribute to Lee

Singapore plunges into mourning: World leaders pay tribute to Lee

Singapore was plunged into mourning and world leaders united in tribute Monday after the death of Lee Kuan Yew, the iron-fisted politician who transformed a colonial backwater into a world financial centre. His son, Prime Minister Lee Hsien Loong, issued
Published 24 Mar, 2015 12:00am
Singapore plunges into mourning: World leaders pay tribute to Lee

Singapore plunges into mourning: World leaders pay tribute to Lee

Singapore was plunged into mourning and world leaders united in tribute Monday after the death of Lee Kuan Yew, the iron-fisted politician who transformed a colonial backwater into a world financial centre. His son, Prime Minister Lee Hsien Loong, issued
Published 24 Mar, 2015 12:00am
Afghan President gives heartfelt thanks to US troops

Afghan President gives heartfelt thanks to US troops

Afghan President Ashraf Ghani offered deep thanks Monday to US troops for more than a decade of sacrifice, at the start of a visit aimed at turning the page on past strained US ties. "We do not now ask what the United States can do for us," said Ghani, tu
Published 24 Mar, 2015 12:00am
Afghan President gives heartfelt thanks to US troops

Afghan President gives heartfelt thanks to US troops

Afghan President Ashraf Ghani offered deep thanks Monday to US troops for more than a decade of sacrifice, at the start of a visit aimed at turning the page on past strained US ties. "We do not now ask what the United States can do for us," said Ghani, tu
Published 24 Mar, 2015 12:00am
US and Israel snub UN rights council session on Gaza war

US and Israel snub UN rights council session on Gaza war

US and Israeli envoys refused to attend a UN Human Rights Council special session Monday on the situation in the Palestinian territories in the aftermath of the 2014 Gaza conflict. The US decision will disappoint those who hoped the recent disagreement be
Published 24 Mar, 2015 12:00am
US and Israel snub UN rights council session on Gaza war

US and Israel snub UN rights council session on Gaza war

US and Israeli envoys refused to attend a UN Human Rights Council special session Monday on the situation in the Palestinian territories in the aftermath of the 2014 Gaza conflict. The US decision will disappoint those who hoped the recent disagreement be
Published 24 Mar, 2015 12:00am
Qatar upholds death sentence for British teacher murder

Qatar upholds death sentence for British teacher murder

A Qatari court on Monday upheld a death sentence against a local man convicted of the murder of British school teacher Lauren Patterson. Doha's Court of Appeal confirmed the sentence against Badr Hashim Khamis Abdallah al-Jabar as Patterson's mother Aliso
Published 24 Mar, 2015 12:00am
Qatar upholds death sentence for British teacher murder

Qatar upholds death sentence for British teacher murder

A Qatari court on Monday upheld a death sentence against a local man convicted of the murder of British school teacher Lauren Patterson. Doha's Court of Appeal confirmed the sentence against Badr Hashim Khamis Abdallah al-Jabar as Patterson's mother Aliso
Published 24 Mar, 2015 12:00am
ADB steps up Islamic finance efforts, eyes infrastructure

ADB steps up Islamic finance efforts, eyes infrastructure

The Asian Development Bank (ADB) is stepping up efforts to assist member countries to use Islamic finance in areas such as infrastructure financing, ranging from technical assistance to providing credit guarantees, an ADB official said. The Manila-based d
Published 24 Mar, 2015 12:00am
ADB steps up Islamic finance efforts, eyes infrastructure

ADB steps up Islamic finance efforts, eyes infrastructure

The Asian Development Bank (ADB) is stepping up efforts to assist member countries to use Islamic finance in areas such as infrastructure financing, ranging from technical assistance to providing credit guarantees, an ADB official said. The Manila-based d
Published 24 Mar, 2015 12:00am
ADB steps up Islamic finance efforts, eyes infrastructure

ADB steps up Islamic finance efforts, eyes infrastructure

The Asian Development Bank (ADB) is stepping up efforts to assist member countries to use Islamic finance in areas such as infrastructure financing, ranging from technical assistance to providing credit guarantees, an ADB official said. The Manila-based d
Published 24 Mar, 2015 12:00am
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