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Print - 2015-04-06
THE RUPEE: slight recovery

THE RUPEE: slight recovery

The rupee managed to recover modestly against the dollar on the money market during the week, ended on April 4, 2015. In the interbank Market, the rupee inched up by five paisas versus the dollar for buying and selling at Rs 101.85 and Rs 101.88. In the o
Published 06 Apr, 2015 12:00am
THE RUPEE: slight recovery

THE RUPEE: slight recovery

The rupee managed to recover modestly against the dollar on the money market during the week, ended on April 4, 2015. In the interbank Market, the rupee inched up by five paisas versus the dollar for buying and selling at Rs 101.85 and Rs 101.88. In the o
Published 06 Apr, 2015 12:00am
Euro weakness causes currency controversy

Euro weakness causes currency controversy

The euro's slide against the dollar has reignited talk of a "currency war", with analysts in opposing camps over whether or not countries are consciously playing with their exchange rates. War language is no stranger to modern monetary policy. The massive
Published 06 Apr, 2015 12:00am
Euro weakness causes currency controversy

Euro weakness causes currency controversy

The euro's slide against the dollar has reignited talk of a "currency war", with analysts in opposing camps over whether or not countries are consciously playing with their exchange rates. War language is no stranger to modern monetary policy. The massive
Published 06 Apr, 2015 12:00am
Euro weakness causes currency controversy

Euro weakness causes currency controversy

The euro''s slide against the dollar has reignited talk of a "currency war", with analysts in opposing camps over whether or not countries are consciously playing with their exchange rates. War language is no stranger to modern monetary policy. The massiv
Published 06 Apr, 2015 12:00am
Sri Lankan president arrives on three-day visit

Sri Lankan president arrives on three-day visit

President of Sri Lanka Maithripala Sirisena on Sunday arrived here on a three-day state visit to Pakistan at the invitation of President Mamnoon Hussain and Prime Minister Muhammad Nawaz Sharif. Prime Minister Muhammad Nawaz Sharif warmly received the vis
Published 06 Apr, 2015 12:00am
Sri Lankan president arrives on three-day visit

Sri Lankan president arrives on three-day visit

President of Sri Lanka Maithripala Sirisena on Sunday arrived here on a three-day state visit to Pakistan at the invitation of President Mamnoon Hussain and Prime Minister Muhammad Nawaz Sharif. Prime Minister Muhammad Nawaz Sharif warmly received the vis
Published 06 Apr, 2015 12:00am
Imported urea stolen by NFML 'gang'

Imported urea stolen by NFML 'gang'

Some employees of National Fertilizer Marketing Limited (NFML) are said to have stolen imported urea worth millions of rupees from different stores on fake documents in Lahore region, well informed sources told Business Recorder.
Published 06 Apr, 2015 12:00am
Imported urea stolen by NFML 'gang'

Imported urea stolen by NFML 'gang'

Some employees of National Fertilizer Marketing Limited (NFML) are said to have stolen imported urea worth millions of rupees from different stores on fake documents in Lahore region, well informed sources told Business Recorder.
Published 06 Apr, 2015 12:00am
Imported urea stolen by NFML ''gang''

Imported urea stolen by NFML ''gang''

Some employees of National Fertilizer Marketing Limited (NFML) are said to have stolen imported urea worth millions of rupees from different stores on fake documents in Lahore region, well informed sources told Business Recorder.
Published 06 Apr, 2015 12:00am
Joint session on the Yemen crisis today: PTI ends parliament boycott

Joint session on the Yemen crisis today: PTI ends parliament boycott

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday announced that his party lawmakers would return to Assemblies after over seven-month-long boycott, as the government has accepted his demand to constitute a judicial commission to probe into the
Published 06 Apr, 2015 12:00am
Joint session on the Yemen crisis today: PTI ends parliament boycott

Joint session on the Yemen crisis today: PTI ends parliament boycott

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday announced that his party lawmakers would return to Assemblies after over seven-month-long boycott, as the government has accepted his demand to constitute a judicial commission to probe into the
Published 06 Apr, 2015 12:00am
Government should play mediator's role: Fazl

Government should play mediator's role: Fazl

Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Sunday said that Pakistan should play mediator's role to resolve the Yemen crisis. However, he did say that when it comes to protection of holy land (Haramain Sharifain), not only the armed
Published 06 Apr, 2015 12:00am
Government should play mediator's role: Fazl

Government should play mediator's role: Fazl

Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Sunday said that Pakistan should play mediator's role to resolve the Yemen crisis. However, he did say that when it comes to protection of holy land (Haramain Sharifain), not only the armed
Published 06 Apr, 2015 12:00am
Dozens killed in fighting near Aden port

Dozens killed in fighting near Aden port

Houthi fighters and allied army units clashed with local militias in the southern Yemeni city of Aden on Sunday, and eyewitnesses said gun battles and heavy shelling ripped through a downtown district near the city's port. The Houthi forces have been batt
Published 06 Apr, 2015 12:00am
Dozens killed in fighting near Aden port

Dozens killed in fighting near Aden port

Houthi fighters and allied army units clashed with local militias in the southern Yemeni city of Aden on Sunday, and eyewitnesses said gun battles and heavy shelling ripped through a downtown district near the city's port. The Houthi forces have been batt
Published 06 Apr, 2015 12:00am
Equities rebound

Equities rebound

The last week saw the Karachi stock market stepping in the green zone after braving a freefall in the preceding week. The benchmark KSE-100 index grew by 4.9 percent to 31,413.96 points as compared to a 5.8 percent decline recorded a week before. The inde
Published 06 Apr, 2015 12:00am
Equities rebound

Equities rebound

The last week saw the Karachi stock market stepping in the green zone after braving a freefall in the preceding week. The benchmark KSE-100 index grew by 4.9 percent to 31,413.96 points as compared to a 5.8 percent decline recorded a week before. The inde
Published 06 Apr, 2015 12:00am
Equities rebound

Equities rebound

The last week saw the Karachi stock market stepping in the green zone after braving a freefall in the preceding week. The benchmark KSE-100 index grew by 4.9 percent to 31,413.96 points as compared to a 5.8 percent decline recorded a week before. The inde
Published 06 Apr, 2015 12:00am
Futures spreads down by 675 basis points

Futures spreads down by 675 basis points

Futures spreads shrank by 675 basis points to 8.89 percent compared to 15.64 percent of the preceding week. The week under review saw the average trading volume decreasing by 40.9 percent to 37.71 million shares from 63.85 million of the previous week. Th
Published 06 Apr, 2015 12:00am
Futures spreads down by 675 basis points

Futures spreads down by 675 basis points

Futures spreads shrank by 675 basis points to 8.89 percent compared to 15.64 percent of the preceding week. The week under review saw the average trading volume decreasing by 40.9 percent to 37.71 million shares from 63.85 million of the previous week. Th
Published 06 Apr, 2015 12:00am
Futures spreads down by 675 basis points

Futures spreads down by 675 basis points

Futures spreads shrank by 675 basis points to 8.89 percent compared to 15.64 percent of the preceding week. The week under review saw the average trading volume decreasing by 40.9 percent to 37.71 million shares from 63.85 million of the previous week. Th
Published 06 Apr, 2015 12:00am
Futures spreads down by 675 basis points

Futures spreads down by 675 basis points

Futures spreads shrank by 675 basis points to 8.89 percent compared to 15.64 percent of the preceding week. The week under review saw the average trading volume decreasing by 40.9 percent to 37.71 million shares from 63.85 million of the previous week. Th
Published 06 Apr, 2015 12:00am
134 stranded Pakistanis return from Yemen

134 stranded Pakistanis return from Yemen

A Pakistan International Airlines (PIA) plane carrying stranded Pakistanis landed at Islamabad airport here on Sunday, Aaj News reported. 134 Pakistanis, two Canadian and two Sudanese nationals were also on board. The passengers were airlifted from Yemeni
Published 06 Apr, 2015 12:00am
'Furious 7' races to top of North American box office

'Furious 7' races to top of North American box office

The latest "Fast and Furious" instalment raced to pole position in the North American box office this weekend, easily overtaking last week's winner "Home" for the top spot, according to industry estimates Sunday. "Furious 7," the seventh in the street-rac
Published 06 Apr, 2015 12:00am
Large Hadron Collider starts up again after two-year upgrade

Large Hadron Collider starts up again after two-year upgrade

The world's largest particle smasher restarted Sunday after a two-year upgrade that will allow physicists to explore uncharted corners of what makes up the universe, including dark matter and antimatter. "After two years of intense maintenance and several
Published 06 Apr, 2015 12:00am
Large Hadron Collider starts up again after two-year upgrade

Large Hadron Collider starts up again after two-year upgrade

The world's largest particle smasher restarted Sunday after a two-year upgrade that will allow physicists to explore uncharted corners of what makes up the universe, including dark matter and antimatter. "After two years of intense maintenance and several
Published 06 Apr, 2015 12:00am
Taliban publish biography of Mullah Omar to ward off IS pressure

Taliban publish biography of Mullah Omar to ward off IS pressure

The Afghan Taliban Sunday published a descriptive biography of their "charismatic" supreme leader Mullah Omar, in a surprise move apparently aimed at countering the creeping influence of the Islamic State group within insurgent ranks.
Published 06 Apr, 2015 12:00am
Taliban publish biography of Mullah Omar to ward off IS pressure

Taliban publish biography of Mullah Omar to ward off IS pressure

The Afghan Taliban Sunday published a descriptive biography of their "charismatic" supreme leader Mullah Omar, in a surprise move apparently aimed at countering the creeping influence of the Islamic State group within insurgent ranks.
Published 06 Apr, 2015 12:00am
Local assemblers don't charge 'own money', insists IMC chairman

Local assemblers don't charge 'own money', insists IMC chairman

Chairman Indus Motors (IMC) Ali Suleman Habib has stated that local car assemblers are not involved in cartelization; and nor do they charge "own money" from consumers. In an interaction with national media at Indus Motors headquarters Karachi, as part of
Published 06 Apr, 2015 12:00am
Local assemblers don't charge 'own money', insists IMC chairman

Local assemblers don't charge 'own money', insists IMC chairman

Chairman Indus Motors (IMC) Ali Suleman Habib has stated that local car assemblers are not involved in cartelization; and nor do they charge "own money" from consumers. In an interaction with national media at Indus Motors headquarters Karachi, as part of
Published 06 Apr, 2015 12:00am
Local assemblers don''t charge ''own money'', insists IMC chairman

Local assemblers don''t charge ''own money'', insists IMC chairman

Chairman Indus Motors (IMC) Ali Suleman Habib has stated that local car assemblers are not involved in cartelization; and nor do they charge "own money" from consumers. In an interaction with national media at Indus Motors headquarters Karachi, as part of
Published 06 Apr, 2015 12:00am
Khaleda leaves office

Khaleda leaves office

Bangladesh opposition leader Khaleda Zia left her office Sunday for the first time in three months in a sign of easing tensions after deadly protests had plunged the country into a political crisis. Zia, 69, was taken by car to a court where she surrender
Published 06 Apr, 2015 12:00am
Khaleda leaves office

Khaleda leaves office

Bangladesh opposition leader Khaleda Zia left her office Sunday for the first time in three months in a sign of easing tensions after deadly protests had plunged the country into a political crisis. Zia, 69, was taken by car to a court where she surrender
Published 06 Apr, 2015 12:00am
Turkish president to visit Iran despite war of words

Turkish president to visit Iran despite war of words

Turkish President Recep Tayyip Erdogan is to visit Iran on Tuesday despite a war of words between the neighbouring countries over conflicts from Syria to Yemen, Tehran confirmed. There had been calls from Iranian conservatives for the visit to be cancelle
Published 06 Apr, 2015 12:00am
Turkish president to visit Iran despite war of words

Turkish president to visit Iran despite war of words

Turkish President Recep Tayyip Erdogan is to visit Iran on Tuesday despite a war of words between the neighbouring countries over conflicts from Syria to Yemen, Tehran confirmed. There had been calls from Iranian conservatives for the visit to be cancelle
Published 06 Apr, 2015 12:00am
Six Ukraine soldiers killed as war marks year

Six Ukraine soldiers killed as war marks year

Six Ukrainian troops were killed by landmines in the restive separatist-held east Sunday, breaking a lull of several days in a conflict that began a year ago this week. After weeks in which a shaky ceasefire deal appeared to be largely holding despite iso
Published 06 Apr, 2015 12:00am
Six Ukraine soldiers killed as war marks year

Six Ukraine soldiers killed as war marks year

Six Ukrainian troops were killed by landmines in the restive separatist-held east Sunday, breaking a lull of several days in a conflict that began a year ago this week. After weeks in which a shaky ceasefire deal appeared to be largely holding despite iso
Published 06 Apr, 2015 12:00am
Abbas threatens to turn to ICC over frozen tax monies

Abbas threatens to turn to ICC over frozen tax monies

Palestinian president Mahmud Abbas threatened Sunday to turn to the International Criminal Court over Israel's refusal to fully release hundreds of millions of dollars in tax monies owed the Palestinian Authority. In early January, Israel froze the monthl
Published 06 Apr, 2015 12:00am
Abbas threatens to turn to ICC over frozen tax monies

Abbas threatens to turn to ICC over frozen tax monies

Palestinian president Mahmud Abbas threatened Sunday to turn to the International Criminal Court over Israel's refusal to fully release hundreds of millions of dollars in tax monies owed the Palestinian Authority. In early January, Israel froze the monthl
Published 06 Apr, 2015 12:00am
Punjab government praises Imran's decision

Punjab government praises Imran's decision

The Punjab government spokesman Syed Zaeem Hussain Qadri has welcomed Imran Khan decision to return to parliament. In a statement here on Sunday Qadri said Imran Khan should know that the courts have yet to take a decision about PTI's rigging charges for
Published 06 Apr, 2015 12:00am
ST refund fraud of over Rs 56 million: DI&I claims arrest of co-accused

ST refund fraud of over Rs 56 million: DI&I claims arrest of co-accused

Directorate of Intelligence and Investigation - Inland Revenue (DI&I-IR)-FBR, Karachi has claimed to have arrested one of the accused involved in sales tax refund fraud of over Rs 56 million. According to sources, credible information was received by Sham
Published 06 Apr, 2015 12:00am
PPP to welcome PTI MNAs in National Assembly: Khursheed

PPP to welcome PTI MNAs in National Assembly: Khursheed

Leader of the Opposition in National Assembly Syed Khursheed Ahmed Shah said that Pakistan has friendly and brotherly relations with the people and the rulers of Saudi Kingdom. Talking to media persons in Sukkur on Sunday, he stressed upon the government
Published 06 Apr, 2015 12:00am
Man kills 10 including former fiancee in dowry dispute

Man kills 10 including former fiancee in dowry dispute

A man in Charsadda gunned down his former fiancee and nine of her relatives Sunday, police said, six months after murdering his own parents and two brothers for refusing to pay his dowry.
Published 06 Apr, 2015 12:00am
Government urged to withdraw warrants, challans against traders

Government urged to withdraw warrants, challans against traders

Khawaja Muhammad Shafiq, a central leader of traders, has urged upon the government not to apply the Punjab Security of Vulnerable Establishments Ordinance 2015 on the small traders, shopkeepers and withdraw the warrants and challans of the traders issued
Published 06 Apr, 2015 12:00am
67,000 books sold PU fair sets new record

67,000 books sold PU fair sets new record

Pakistan's largest book fair organised by Punjab University administration has set a new record of the largest sale of books as over 67,000 books were sold during three-day. According to a press release issued here on Sunday, on the first day, around 45,0
Published 06 Apr, 2015 12:00am
PPF Managing Committee: minister appreciates members' efforts

PPF Managing Committee: minister appreciates members' efforts

Punjab Minister for Law, Finance, Excise and Taxation Mujtaba Shuja-ur-Rehman has appreciated efforts of members of the Management Committee of Punjab Pension Fund (PPF) and the Fund's management for such a commendable performance and hoped that their pro
Published 06 Apr, 2015 12:00am
'TEVTA will encourage private institutes providing free tech training'

'TEVTA will encourage private institutes providing free tech training'

Chairperson Technical Education and Vocational Training Authority TEVTA Irfan Qaiser Sheikh has said that TEVTA will encourage the private institutes which are providing free technical training facilities to needy students. TEVTA will enhance the enrolmen
Published 06 Apr, 2015 12:00am
Land record computerisation: SRB officers visit PRB

Land record computerisation: SRB officers visit PRB

A delegation of senior officers led by Senior Member Board of Revenue Sindh Shoaib Ahmed Siddiqi visited Board of Revenue Punjab. Senior Member Board of Revenue Punjab, Nadeem Ashraf while giving a briefing informed the delegation that due to special atte
Published 06 Apr, 2015 12:00am
SBBWUP organises seminar on causes, treatment of autism

SBBWUP organises seminar on causes, treatment of autism

The Department of Bio-Informatics of Shaheed Benazir Bhutto Women University Peshawar (SBBWUP) in collaboration with the Pakistan Scientific and Technology Information Center PASTIC), Peshawar, organized an awareness seminar titled "Causes, Symptoms & Ear
Published 06 Apr, 2015 12:00am
Shahbaz inaugurates 'Khadam-e-Punjab Daihi Roads Programme'

Shahbaz inaugurates 'Khadam-e-Punjab Daihi Roads Programme'

Punjab Chief Minister Muhammad Shahbaz Sharif Sunday formally inaugurated "Khadam-e-Punjab Daihi Roads Programme" which is the biggest project of repair and construction of rural roads in the history of Pakistan. Under this project, all rural roads of the
Published 06 Apr, 2015 12:00am
Joint Group Sichuan delegation visits PBIT

Joint Group Sichuan delegation visits PBIT

A delegation from Joint Group Sichuan, China led by its president Bai Shun, accompanied by Technical Director Bai Shijun, Agriculture Expert, Chen yang, Market Developing Department business Manager Ma Qiuyun visited the office of Punjab Board of Investme
Published 06 Apr, 2015 12:00am
JI leader urges people to unite against oppressive forces

JI leader urges people to unite against oppressive forces

Secretary General, Jamaat-i-Islami, Liaquat Baloch, has urged upon all sections of the society, including the labourers, kisans, students and the lawyers, to unite against the oppressive forces under the banner of the JI for a peaceful, Islamic and prospe
Published 06 Apr, 2015 12:00am
Entire nation stands united behind Nawaz: MCCI

Entire nation stands united behind Nawaz: MCCI

Multan Chamber of Commerce and Industry (MCCI), on Sunday announced to continue its unflinching and unwavering full support to the prime minister for rehabilitation of IDPs in South and North Waziristan and stamping out the menace of terrorism.
Published 06 Apr, 2015 12:00am
Need for enhancing trade volume with Nigeria stressed

Need for enhancing trade volume with Nigeria stressed

President of Multan Chamber of Commerce and Industry (MCCI) Mian Iqbal Hassan has said that Pakistani ambassadors/high commissioners and commercial attaches should make their utmost efforts towards strengthening the country's exports. He was speaking at a
Published 06 Apr, 2015 12:00am
Mobile health units to be introduced to facilitate people

Mobile health units to be introduced to facilitate people

The Punjab government is spending Rs 4 billion on "Health Insurance Card" scheme during current fiscal period in the province. The step has been taken to provide free treatment facilities to the low income people across the Punjab.
Published 06 Apr, 2015 12:00am
KP launches crackdown against unlicensed drug stores

KP launches crackdown against unlicensed drug stores

The Health Department, Khyber Pakhtunkhwa has launched crackdown against the selling of spurious, expired, unlicensed and unwarranted medicines. Chief Drug Inspector Peshawar, Dil Nawaz Khan is supervising the campaign carried out by a team of drug inspec
Published 06 Apr, 2015 12:00am
CDA tree plantation drive in full swing

CDA tree plantation drive in full swing

The Spring Tree Plantation Campaign 2015 of Capital Development Authority (CDA) is in full swing and different educational institutes, government and non government organisations, civil society and traders associations are organising events in connection.
Published 06 Apr, 2015 12:00am
Bus accident kills 21 in China

Bus accident kills 21 in China

A bus plunged 100 meters into a river in south-west China on Saturday killing 21 people, state media reported. An additional three people were also injured when the bus carrying 24 passengers went off a mountain road onto a dry river bed, the official Xin
Published 06 Apr, 2015 12:00am
Saudi PR offensive backs Yemen military ops

Saudi PR offensive backs Yemen military ops

The lights fade and rapid-fire images flash across a large screen to the sounds of war: marching men, the flaming afterburner of a fighter jet, radio traffic and adrenaline-pumping music. Cue multilingual Brigadier General Ahmed Assiri and his nightly med
Published 06 Apr, 2015 12:00am
Cameron's approval ratings turn positive ahead of UK election

Cameron's approval ratings turn positive ahead of UK election

British Prime Minister David Cameron's net approval rating has edged into positive for the first time in nearly four years ahead of a national election next month, according to a poll published on Sunday. The improvement in Cameron's personal rating did n
Published 06 Apr, 2015 12:00am
Nigeria releases detained Al-Jazeera journalists

Nigeria releases detained Al-Jazeera journalists

Two Al-Jazeera television journalists who had been detained by the Nigerian military since March 24 have been freed, the Qatar-based broadcaster said in a statement on Sunday. It said Ahmed Idris and Ali Mustafa had been allowed to leave the Maiduguri hot
Published 06 Apr, 2015 12:00am
Algeria evacuates 160 citizens from Yemen

Algeria evacuates 160 citizens from Yemen

Algeria evacuated 160 of its citizens from war-torn Yemen on Saturday as a Saudi-led coalition continued a bombing campaign against rebel targets in the Arabian peninsula, national news agency APS reported.
Published 06 Apr, 2015 12:00am
Obama, first family attend boisterous Easter service

Obama, first family attend boisterous Easter service

President Barack Obama attended a spirited Easter service at a historic black church on Sunday, in keeping with the first family's tradition of visiting local Washington area congregations. The president, his wife Michelle and their two teenaged daughters
Published 06 Apr, 2015 12:00am
Four dead in Libya suicide bombing claimed by IS

Four dead in Libya suicide bombing claimed by IS

A suicide bomber killed four people outside Libya's militia-controlled third city Misrata on Sunday in an attack claimed by the Islamic State group. The LANA news agency of the militia-backed Tripoli administration said 21 people were also wounded when th
Published 06 Apr, 2015 12:00am
Iran military chief hails nuclear success

Iran military chief hails nuclear success

Iran's military chief has hailed the success of his country's negotiators in talks with world powers that secured a framework for a deal on its long-disputed nuclear programme. The remarks by General Hassan Firouzabadi - a close ally of supreme leader Aya
Published 06 Apr, 2015 12:00am
Netanyahu once again blasts Iran nuclear deal

Netanyahu once again blasts Iran nuclear deal

Israeli Prime Minister Benjamin Netanyahu on Sunday again denounced the agreement between Tehran and world powers as a "bad deal" that will strengthen Iran's military and leave it with a large nuclear infrastructure. An outline deal agreed in Switzerland
Published 06 Apr, 2015 12:00am
Israelis targeted UN peacekeepers in Lebanon: Spanish report

Israelis targeted UN peacekeepers in Lebanon: Spanish report

A confidential Spanish military report on the death of a Spanish UN peacekeeper in Israeli shelling in Lebanon said he was manning a post that appeared to have been targeted, a newspaper reported Sunday. El Pais cited extracts from the report which drew o
Published 06 Apr, 2015 12:00am
Kenyans mourn massacre dead, wait in anguish at morgue

Kenyans mourn massacre dead, wait in anguish at morgue

They came in their hundreds, fearful of attacks but determined to honour the victims of one of Kenya's worst ever massacres. In Nairobi's Anglican cathedral, every seat was packed for the Easter Sunday service at the start of three days of official nation
Published 06 Apr, 2015 12:00am
African leaders to meet in bid to crush Boko Haram

African leaders to meet in bid to crush Boko Haram

Central and west African leaders will hold a summit next week to fine tune their campaign to crush Boko Haram, who appear to be losing ground in the face of a regional military offensive. The April 8 talks will be the first since Nigeria's election a week
Published 06 Apr, 2015 12:00am
Mexico non-violence art features guns with knotted barrels

Mexico non-violence art features guns with knotted barrels

Replicas of a sculpture of a knotted pistol that was designed in honour of the late musician John Lennon are being displayed this month in Monterrey, a northern industrial city that knows about gun violence.
Published 06 Apr, 2015 12:00am
No refuge but the sea - fleeing Yemen's war by boat

No refuge but the sea - fleeing Yemen's war by boat

The rocket that tore through a minivan outside the Aden Grand Hotel last week killing nine men, women and children was a clear message that it was time to leave. Yemen's civil war had come too close for comfort. As Shia Muslim fighters closed in on Aden t
Published 06 Apr, 2015 12:00am
US Republican says Hillary could have reached better deal on Iran

US Republican says Hillary could have reached better deal on Iran

Senator Lindsey Graham, a possible 2016 Republican presidential contender, said the United States should put off a final nuclear agreement with Iran until after the US election and said Democrat Hillary Clinton could get a better deal.
Published 06 Apr, 2015 12:00am
Palestinian camp: residents flee clashes in Syrian capital

Palestinian camp: residents flee clashes in Syrian capital

Hundreds of residents of a Palestinian refugee camp in the Syrian capital Damascus fled Sunday amid shelling by government forces and clashes between Islamic State fighters and Palestinian militants, activists said.
Published 06 Apr, 2015 12:00am
Tokyo, Okinawa remain apart in US base row

Tokyo, Okinawa remain apart in US base row

Shinzo Abe's right-hand man and the governor of Okinawa remained apart in a lingering row over the construction of a US air base at a meeting Sunday ahead of the Japanese premier's visit to Washington later this month.
Published 06 Apr, 2015 12:00am
Bonfire of the vanities? Chinese offerings go up in smoke

Bonfire of the vanities? Chinese offerings go up in smoke

Gleaming gold watches and smartphones are piled high in a ramshackle Chinese farmhouse - all replicas made of paper and designed to be incinerated, as 21st-century consumerism transforms the age-old market in offerings to ancestors. "Our work is serving t
Published 06 Apr, 2015 12:00am
Wearable technology: Swiss watchmakers to compete against Apple

Wearable technology: Swiss watchmakers to compete against Apple

After a short delay the Swiss watch making industry is responding to the beginning of the smart watch era. Luxury watchmaker TAG Heuer announced at the recent Baselworld trade fair that it had formed an alliance with Intel and Google to produce its first
Published 06 Apr, 2015 12:00am
Paris subway firm under fire over 'Christian' ad censorship

Paris subway firm under fire over 'Christian' ad censorship

The firm operating the Paris subway has come under fire for apparently pushing France's beloved secularity too far with its refusal to display an ad with the mention "Christians of the East." French music group "The Priests" had planned to advertise their
Published 06 Apr, 2015 12:00am
German regulator says unaware of co-pilot's depression

German regulator says unaware of co-pilot's depression

Germany's aviation regulator said Sunday it had no previous knowledge of Germanwings co-pilot Andreas Lubitz's struggle with severe depression before the disaster in the French Alps. A spokeswoman for the Federal Aviation Office (LBA) told AFP that parent
Published 06 Apr, 2015 12:00am
Saudi firms tighten controls in wake of Mobily scandal

Saudi firms tighten controls in wake of Mobily scandal

When Saudi Cable Co said last month it was delaying the release of its 2014 earnings statement, because it was still compiling information required by an external auditor, it was a sign of growing regulatory pressure on companies in the kingdom.
Published 06 Apr, 2015 12:00am
Qatar's economy grows more than six percent in 2014

Qatar's economy grows more than six percent in 2014

Qatar's economy grew by more than six percent in 2014, official figures showed, driven by spending on huge construction projects ahead of the 2022 World Cup. Shrugging off any fears regarding the oil price slump, the energy-rich Gulf economy expanded by 6
Published 06 Apr, 2015 12:00am
EU found 'issues' with German aviation regulator

EU found 'issues' with German aviation regulator

A European regulator has found "issues" with Germany's aviation authority in a regular review of air safety enforcement, the European Commission said. Its statement did not say when the review was carried out.
Published 06 Apr, 2015 12:00am
Japan's wary manufacturers resist Abe's urge to splurge

Japan's wary manufacturers resist Abe's urge to splurge

Hirotoshi Ogura, a self-described "factory geek", is Daikin Industries' master of doing more with less - and part of the reason Japan's recovery remains stuck in the slow lane. As Japan heads into the season of peak demand for room air-conditioners, Ogura
Published 06 Apr, 2015 12:00am
Ronaldo hits five in nine-goal Real rout

Ronaldo hits five in nine-goal Real rout

Cristiano Ronaldo's first ever five goal haul in the one match saw Real Madrid move to within a point of Barcelona at the top of La Liga with a stunning 9-1 thrashing of Granada on Sunday. Gareth Bale continued his fine form after bagging a brace for Wale
Published 06 Apr, 2015 12:00am
FIFA election campaign swings through Cairo

FIFA election campaign swings through Cairo

African football will have to get through an unusually large load of serious business but their congress in Cairo this week will nevertheless be overshadowed by the latest stop in the election campaign for the FIFA presidency.
Published 06 Apr, 2015 12:00am