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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-04-18
Shanghai copper climbs

Shanghai copper climbs

The most-traded June copper contract on the Shanghai Futures Exchange climbed 1.3 percent to 43,690 yuan ($7,056) a tonne on Friday, while lead ended up 2.2 percent after it broke its 200-day moving average, triggering chart-based buys. ShFE tin slumped b
Published 18 Apr, 2015 12:00am
ECP takes notice of SHOs' transfer in NA-246 Karachi

ECP takes notice of SHOs' transfer in NA-246 Karachi

The Election Commission of Pakistan (ECP) on Friday took notice of Station House Officers' (SHOs) transfer in NA-246 constituency and asked Inspector General (IG) Sindh Police and Interior secretary to explain their positions.
Published 18 Apr, 2015 12:00am
Transparency critical to good governance

Transparency critical to good governance

How ironic it is that a huge energy-acquisition effort or plan has turned into a nasty controversy. According to media reports, the historic LNG deal between Qatar and Pakistan has turned into a scam mainly because of a lack of transparency in the contrac
Published 18 Apr, 2015 12:00am
Apple Watch to boost 'glance journalism'

Apple Watch to boost 'glance journalism'

With the Apple Watch expected to sell in the millions, news organisations are refocusing their efforts to become part of that tiny screen. In the news business, this is now called "glance journalism."
Published 18 Apr, 2015 12:00am
Rural towns the frontline in Australia's battle with 'ice'

Rural towns the frontline in Australia's battle with 'ice'

Adrian Toomey made thousands of dollars a day as an "ice" dealer in Dubbo, a fairly typical Australian town north-west of Sydney, supplying the drug to everyone from bank workers to school teachers.
Published 18 Apr, 2015 12:00am
Courage for economic reforms

Courage for economic reforms

While the parliament dither and they take out petty scores the country is burning. The political parties are full of behaviour that cannot be condoned. Politics is about lifting yourselves above small things and working for the people of this country. Tha
Published 18 Apr, 2015 12:00am
A deeply flawed draft bill

A deeply flawed draft bill

The National Assembly's Standing Committee on Information Technology, headed by Captain Safdar (retd) - who has no known expertise in IT affairs - approved the draft of the Prevention of Electronic Crimes Bill, 2015, on Thursday, generating a lot of criti
Published 18 Apr, 2015 12:00am
GIDC litigation

GIDC litigation

Litigation on the levy of Gas Infrastructure Development Cess (GIDC) continues with the Supreme Court recently dismissing the government's review petition against the Peshawar High Court verdict declaring it a fee and therefore its imposition through the
Published 18 Apr, 2015 12:00am
Palm oil rises

Palm oil rises

Malaysian palm oil futures edged up on Friday as traders closed short positions before the weekend, but gains were capped by a strengthening ringgit. "The rise is because of short-covering before the weekend," said a trader with a foreign commodities brok
Published 18 Apr, 2015 12:00am
Cocoa falls in late-day selling spree, sugar drops

Cocoa falls in late-day selling spree, sugar drops

Cocoa futures fell on Friday after a flurry of late-day selling pushed prices down more than 1 percent, while sugar corrected down from the previous session's five-week high as the US dollar turned higher and added pressure. Coffee futures steadied.
Published 18 Apr, 2015 12:00am
Hard red wheat falls to multi-year lows

Hard red wheat falls to multi-year lows

Chicago Board of Trade soft wheat futures rose on Thursday while K.C. hard red winter wheat fell to multi-year lows on poor export demand and much-needed rains falling in key US crop areas, traders said. Corn and soybeans ended nearly unchanged after a ch
Published 18 Apr, 2015 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures fell on Friday, weighed down by weaker oil prices and Shanghai futures in lacklustre trade, but managed to eke out their first weekly gain in three. The Tokyo Commodity Exchange (TOCOM) rubber contract for September delivery
Published 18 Apr, 2015 12:00am
US FOB Gulf soyabean premiums steady

US FOB Gulf soyabean premiums steady

Export premiums for soyabeans shipped from the US Gulf Coast were mostly steady on Thursday, underpinned by higher CIF barge basis values but capped by seasonally slow demand, traders said. CIF soyabean basis values for late April to June barge loadings w
Published 18 Apr, 2015 12:00am
Tin steadies after hitting lowest since 2009, copper rises

Tin steadies after hitting lowest since 2009, copper rises

Tin steadied on Friday after tumbling to its lowest since 2009 as a sell-off triggered by worries about a supply glut and weak demand gathered pace, while copper gained on hopes of stronger demand. Three-month tin on the London Metal Exchange hit $13,600
Published 18 Apr, 2015 12:00am
Brent crude seesaws but heads for 10 percent weekly gain

Brent crude seesaws but heads for 10 percent weekly gain

Brent crude seesawed, while US crude fell on Friday after both contracts rallied to 2015 peaks the previous session, and turmoil in Yemen and the region limited losses. Brent was on pace to post a double-digit percentage gain for the week, a second consec
Published 18 Apr, 2015 12:00am
Gold steadies in New York

Gold steadies in New York

Gold steadied around $1,200 an ounce on Thursday, paring losses as the US dollar extended its losses, while weak demand for physical metal added pressure and uncertainty over the timing of a Federal Reserve rate hike underpinned prices. Spot gold was down
Published 18 Apr, 2015 12:00am
Gold up in Asia

Gold up in Asia

Gold firmed near $1,200 an ounce on Friday but the metal was headed for its second straight weekly drop, weighed down by uncertainty over the timing of an interest rate increase by the US Federal Reserve. Spot gold edged up to $1,200.80 an ounce by 0701 G
Published 18 Apr, 2015 12:00am
Gold pares gains in European trade

Gold pares gains in European trade

Gold pared gains on Friday, heading for a second weekly drop, after data showing US consumer prices rose in March tempered speculation the Federal Reserve will delay its first interest rate rise in nearly a decade. The metal held above the $1,200 an ounce
Published 18 Apr, 2015 12:00am
US MIDDAY: wheat and corn rise

US MIDDAY: wheat and corn rise

Chicago Board of Trade wheat and corn futures firmed on Friday on light technical buying after both markets fell to the lowest levels in about a month, pressed by plentiful global grain supplies. Soyabeans also rose and were on track for a weekly gain of
Published 18 Apr, 2015 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold pared gains early on Friday, heading for a second weekly drop, after data showing US consumer prices rose in March tempered speculation the Federal Reserve will delay its first interest rate rise in nearly a decade.
Published 18 Apr, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.49 billion. The number of lots traded was 18,924. PMEX Commodity Index increased by 0.64 percent and closed at 2,620. Major business was contributed by crude oil amounting to PKR 2.
Published 18 Apr, 2015 12:00am
US wheat futures close mixed

US wheat futures close mixed

US wheat futures closed mixed on Thursday, with Chicago Board of Trade wheat rising on technical buying while K.C. hard red winter wheat fell to multi-year lows as rains arrived in the Plains crop belt, traders said. MGEX spring wheat also fell, following
Published 18 Apr, 2015 12:00am
European wheat prices continue to fall

European wheat prices continue to fall

European wheat prices fell to their lowest in over a month on Wednesday, continuing their weakness after dropping through a key support level on Tuesday on forecasts of welcome rain on the parched US plains grain belt. A renewed fall in US wheat futures o
Published 18 Apr, 2015 12:00am
Dollar hovers near one-week low in Asia

Dollar hovers near one-week low in Asia

The dollar wallowed near a one-week low against a basket of major currencies on Friday and was on track for its biggest weekly drop in a month in the wake of poor US economic data. The dollar retreated this week as a series of lacklustre indicators unders
Published 18 Apr, 2015 12:00am
Establishment of JC controversial: Fazl

Establishment of JC controversial: Fazl

Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman said on Friday that the ruling of the National Assembly Speaker over the resignations submitted by Pakistan Tehreek-e-Insaf (PTI) members was unconstitutional. He said that the establishment of
Published 18 Apr, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (April 17, 2015).

Published 18 Apr, 2015 12:00am
LHC stops work on Signal-Free Corridor project

LHC stops work on Signal-Free Corridor project

A Lahore High Court full bench on Friday declared signal free corridors project from Qurtaba Chowk to Liberty Roundabout Gulberg here as illegal after declaring that the Lahore Development Authority (LDA) did not have mandate for the purpose.
Published 18 Apr, 2015 12:00am
LHC stops work on Signal-Free Corridor project

LHC stops work on Signal-Free Corridor project

A Lahore High Court full bench on Friday declared signal free corridors project from Qurtaba Chowk to Liberty Roundabout Gulberg here as illegal after declaring that the Lahore Development Authority (LDA) did not have mandate for the purpose.
Published 18 Apr, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 17, 2015)

Published 18 Apr, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 17, 2015).

Published 18 Apr, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 18 Apr, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 18 Apr, 2015 12:00am
US woman shot 'devoted to Pakistan'

US woman shot 'devoted to Pakistan'

A US academic recovering in a hospital after being shot by suspected militants has made an "immeasurable" contribution to the medical college where she works, a colleague said Friday. Debra Lobo, 55, is conscious and in a stable condition in hospital in K
Published 18 Apr, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 17, 2015).

Published 18 Apr, 2015 12:00am
Anti-measles vaccine kills more kids?

Anti-measles vaccine kills more kids?

Three more children died on Friday due to vaccination of substandard measles vaccine in Qila Saifullah district of Balochistan, bringing the death toll to six in two days. Several children were reported to be in critical condition while three died after t
Published 18 Apr, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 17, 2015).

Published 18 Apr, 2015 12:00am
NDMA, WFP hold training for facilitators

NDMA, WFP hold training for facilitators

NDMA in collaboration with WFP has organised a three-day Disaster Management Simulation/ Training in Islamabad from 15-17 April 2005, to train the participants as emergency simulation facilitators who will be responsible for planning, designing and delive
Published 18 Apr, 2015 12:00am
The Weather

The Weather

The weather report on Friday (April 17, 2015) and the forecast for Saturday (April 18, 2015).

Published 18 Apr, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 14, 2015.

Published 18 Apr, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 14, 2015.

Published 18 Apr, 2015 12:00am
SECP's online payment facility gaining popularity

SECP's online payment facility gaining popularity

The SECP's online fee submission facility launched in March has gained currency, and the organisation has been regularly receiving fee through credit cards from various countries and territories such as Belize, Hong Kong, the Netherlands, Saudi Arabia, Si
Published 18 Apr, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 14, 2015.

Published 18 Apr, 2015 12:00am
Chinese President's visit to deepen collaboration

Chinese President's visit to deepen collaboration

Chinese President Xi Jinping's visit to Pakistan next week would provide a powerful impetus to build on the China-Pakistan friendship and deepen comprehensive collaboration. Foreign Ministry spokesperson announced on Friday morning that the Chinese presid
Published 18 Apr, 2015 12:00am
Anti-polio drive in KP concludes

Anti-polio drive in KP concludes

Under the ongoing programme of "Sehat Ka Ittehad", the fifth round of anti-polio drive concluded in Khyber Pakhtunkhwa. During the three-day round more than 1.37 million children under the age of five years were administered anti-polio drops across the pr
Published 18 Apr, 2015 12:00am
NAB arrests bank official

NAB arrests bank official

The National Accountability Bureau Karachi arrested accused Faisal Rasool s/o Ghulam Rasool Siyal, an OG-III at National Bank of Pakistan. The accused was presently posted at Sukkur regional office of NBP. He was involved in misappropriation of government
Published 18 Apr, 2015 12:00am
Five of a family killed in Jhang accident

Five of a family killed in Jhang accident

At least five members of a family died when an oil tanker hit a motor here on Friday. Police said that accident took place at Sargodha Road when an over speeding oil tanker stuck down a motorcycle carrying five of same family.
Published 18 Apr, 2015 12:00am
PAL facilitates 35,304 citizens in first quarter

PAL facilitates 35,304 citizens in first quarter

The Police Assistance Lines (PAL) has facilitated 35,304 citizens in everyday police related issues throughout the province in the first quarter of the current year. According to details the Inspector General of Police Khyber Pakhtunkhwa Nasir Khan Durran
Published 18 Apr, 2015 12:00am
India to install body scanners at LoC crossing points

India to install body scanners at LoC crossing points

The Indian Ministry of Home Affairs has approved Rs 12 million for purchase of two full body scanners for installation at two crossing points on the Line of Control at Poonch-Rawlakote and Uri-Muzaffarabad routes. Presently, the cross-LoC trade takes plac
Published 18 Apr, 2015 12:00am
Curriculum being revised to promote inter-religious harmony: President

Curriculum being revised to promote inter-religious harmony: President

President Mamnoon Hussain on Friday said educational curriculum was being revised to include the content for promoting inter-religious harmony. The President, in a meeting with the representatives of religious minorities here at the President House, said
Published 18 Apr, 2015 12:00am
Supreme Court issues show cause notice to Bahria Town's counsel

Supreme Court issues show cause notice to Bahria Town's counsel

The Supreme Court on Friday issued show cause notice to Barrister Ali Zafar, the counsel for Bahria Town for writing a letter to chief justice Supreme Court, expressing reservations over Justice Jawwad S Khawaja as member of a bench, hearing his client's
Published 18 Apr, 2015 12:00am
Minister reviews pace of development work of rainy nullahs

Minister reviews pace of development work of rainy nullahs

Punjab Minister for Irrigation and Chairman PIDA, Mian Yawar Zaman has said that construction work of rehabilitation of rainy nullahs of district Sialkot and Narowal should be completed by June 30 so that people could be saved from damages during potentia
Published 18 Apr, 2015 12:00am
British Council holds school leaders event

British Council holds school leaders event

The British Council invited over 50 school leaders from various schools across the country to attend a networking event recently held at Royal Palm Golf and Country Club, Lahore on the topic of leadership within the Pakistani educational context.
Published 18 Apr, 2015 12:00am
PPP won't support any move to de-seat PTI MNAs: Khurshid

PPP won't support any move to de-seat PTI MNAs: Khurshid

Opposition leader in the National Assembly Syed Khurshid Shah said on Friday that the Pakistan People's Party (PPP) would not support any motion in the National Assembly, seeking cancellation of Pakistan Tehreek-e-Insaf (PTI) MNAs membership.
Published 18 Apr, 2015 12:00am
Bahria University holds national conference

Bahria University holds national conference

Management Science Department of Bahria University Karachi Campus hosted a two days National Conference on "Role of Private Sector in the Socio-Economic Development of Pakistan" at its Karachi Campus. The aim of the conference was to highlight and acknowl
Published 18 Apr, 2015 12:00am
JI will enforce Shariah after coming into power: Siraj

JI will enforce Shariah after coming into power: Siraj

Chief of Jammat-e-Islami Senator Siraj-ul-Haq has said that the politics of 'Halako Khan' and 'Changez Khan' will not exist beyond April 23 when by-election on NA-246 will be held. "Decades of terrorism in politics should come to an end on the polling day
Published 18 Apr, 2015 12:00am
'Efforts on to give modern education to children'

'Efforts on to give modern education to children'

Punjab Minister for Finance, Law and Excise and Taxation Mujtaba Shujaur Rehman has said that the government is extending all-out efforts to provide professional modern education to children to make them useful citizens.
Published 18 Apr, 2015 12:00am
Mobilink participates in Pehli Kiran School's annual day function

Mobilink participates in Pehli Kiran School's annual day function

Mobilink Torchbearers, attended the annual day event at JAQ Trust's Pehli Kiran School System Campus No.2, Golra Road on Friday. The event was held to commemorate the end of the academic year (2014-15) with the aim to applaud the efforts of young scholars
Published 18 Apr, 2015 12:00am
Foreign forces' involvement: Shujaat supports COAS's stance on terrorism

Foreign forces' involvement: Shujaat supports COAS's stance on terrorism

Pakistan Muslim League-Q (PML-Q) President and former prime minister Chaudhry Shujaat Hussain, while commenting on the statement of Army Chief General Raheel Sharif, has said that for the first time, an Army Chief has so openly clarified his stance about
Published 18 Apr, 2015 12:00am
Farkhanda made Punjab Ombudswoman

Farkhanda made Punjab Ombudswoman

The Punjab government has appointed a retired BPS-22 DMG Officer Farkhanda Waseem Afzal Provincial Ombudswoman in place of Dr Mira Phailbus who had retired in February this year. Farkhanda Waseem Afzal has vast administrative experience and served at diff
Published 18 Apr, 2015 12:00am
Khattak condoles Hoti's death

Khattak condoles Hoti's death

Chief Minister Khyber Pakhtunkhwa Pervez Khattak visited the residence of former Khyber Pakhtunkhwa Chief Minister Amir Haider Hoti in Mardan on Friday to condole the death of his father Azam Khan Hoti who had died on Wednesday last. Chief Minister Pervez
Published 18 Apr, 2015 12:00am
PDWP Punjab approves seven schemes worth Rs 5.578 billion

PDWP Punjab approves seven schemes worth Rs 5.578 billion

The Provincial Development Working Party Punjab approved seven development schemes of various development sectors with an estimated cost of Rs 5.578 billion on Friday including upgradation of Radiology / Specialties Departments in Services Hospital, Lahor
Published 18 Apr, 2015 12:00am
Chief minister slams deaths of two children due to firing into the air

Chief minister slams deaths of two children due to firing into the air

Punjab Chief Minister Muhammad Shahbaz Sharif has said that the negative trend of firing on the occasion of joy or marriage will not be tolerated in the province and strict action will be taken against the persons responsible of firing on such occasions.
Published 18 Apr, 2015 12:00am
82 percent property seekers are men: Lamudi

82 percent property seekers are men: Lamudi

About 82 percent of the property seekers in the country are men while 18 percent are women, according to new data released by Lamudi Pakistan. These figures support the view that men are the primary decision makers when it comes to buying and selling prop
Published 18 Apr, 2015 12:00am
11th paintings exhibition at Alhamra's Art Council continues

11th paintings exhibition at Alhamra's Art Council continues

A large number of art lovers are daily visiting Alhamra's Art Council to view the 11th annual exhibition of paintings, sculpture, ceramics and graphic arts by young artists. The exhibition titled 'About Time' has been arranged by Lahore Arts Council.
Published 18 Apr, 2015 12:00am
LCCI for withdrawal of increase in quarantine rates

LCCI for withdrawal of increase in quarantine rates

The Lahore Chamber of Commerce and Industry (LCCI) on Friday called for the withdrawal of increase in quarantine rates. LCCI President Ijaz A Mumtaz in a statement said that despite the fact that Indian quarantine was free of charges, the authorities in P
Published 18 Apr, 2015 12:00am
'No confirmed dengue case reported in Punjab'

'No confirmed dengue case reported in Punjab'

Advisor on Health Khawaja Salman Rafique has said due to strict indoor and outdoor dengue surveillance by the concerned departments in Lahore, Rawalpindi and Gujranwala, no confirmed dengue patient was reported so far.
Published 18 Apr, 2015 12:00am
Dilapidated roads in Murree Ombudsman Punjab takes notice

Dilapidated roads in Murree Ombudsman Punjab takes notice

Ombudsman Punjab Javed Mahmood has taken notice of dilapidated roads in Murree constructed at the cost of Rs 1,750 millions but ruptured in short span of time. He has directed Secretary Communication & Works and DCO Rawalpindi to submit report within 15 d
Published 18 Apr, 2015 12:00am
Last month was hottest March worldwide since 1880: US

Last month was hottest March worldwide since 1880: US

Rising temperatures across the planet have set more new records, as the US government announced Friday that the globe experienced its hottest month of March since record-keeping began in 1880. The period of January to March was also the warmest on record,
Published 18 Apr, 2015 12:00am
Teenagers suspected of hacking Belgian, French websites

Teenagers suspected of hacking Belgian, French websites

Two teenagers are suspected of having hacked the websites of Belgian and French newspapers earlier in the week, prosecutors said Friday. "The regional unit of computer crime managed ...to identify the presumed perpetrators" of the cyber attacks Sunday and
Published 18 Apr, 2015 12:00am
Turkish man jailed for Erdogan assassination attempt

Turkish man jailed for Erdogan assassination attempt

A Turkish man was sentenced Friday to almost twelve years in jail for attempting to assassinate President Recep Tayyip Erdogan when he was still prime minister, state media said. An Istanbul court convicted Ferhat Yildiz of "attempting to kill a public se
Published 18 Apr, 2015 12:00am
Cybercrime now 'number one' threat: Europol chief

Cybercrime now 'number one' threat: Europol chief

Cybercrime has become as big a threat to Europe's security as terrorism, the head of the continent's policing agency warned Friday. "The threat online is huge. It is now the number one security concern, alongside terrorism," Europol chief Rob Wainwright s
Published 18 Apr, 2015 12:00am
Iran vows nuclear enrichment 'without limits' unless sanctions end

Iran vows nuclear enrichment 'without limits' unless sanctions end

Iran is ready to resume nuclear enrichment "without any limitations" unless sanctions are totally and immediately removed at the end of negotiations, Foreign Minister Javad Zarif said Friday. Speaking to TV channel Euronews in Lisbon, Zarif said: "We can
Published 18 Apr, 2015 12:00am
South Africa attacks on foreigners spark anger abroad

South Africa attacks on foreigners spark anger abroad

Countries neighbouring South Africa on Friday prepared to evacuate their citizens from South Africa as the UN raised the alarm over deadly xenophobic attacks which have displaced thousands. The anti-foreigner violence, which erupted in the eastern port ci
Published 18 Apr, 2015 12:00am
France's Le Pen replaced by granddaughter after family feud

France's Le Pen replaced by granddaughter after family feud

The granddaughter of France's historic far-right leader Jean-Marie Le Pen was officially named on Friday as his replacement in regional elections, following a bitter family feud within the National Front party he founded. Marion Marechal Le Pen, 25, will
Published 18 Apr, 2015 12:00am
Palestinians clash with Israel army on Prisoners Day

Palestinians clash with Israel army on Prisoners Day

Protesters clashed with Israeli troops in the northern West Bank on Friday during annual demonstrations marking Palestinian Prisoners Day, an AFP correspondent said. More than 100 Palestinians rallied near Israel's separation barrier in the village of Bil
Published 18 Apr, 2015 12:00am
Canada charges four British sailors in gang rape

Canada charges four British sailors in gang rape

Military police on Friday charged four British Royal Navy sailors with sexual assault in the alleged gang rape of a civilian woman in Halifax, which is home to Canada's Atlantic fleet. Craig Stoner, Darren Smalley, Joshua Finbow and Simon Radford each fac
Published 18 Apr, 2015 12:00am
Ebola-hit countries call for $8 billion for 'Marshall Plan'

Ebola-hit countries call for $8 billion for 'Marshall Plan'

The three West African countries hit hardest by the Ebola epidemic called for an $8 billion "Marshall Plan" on Friday to help rebuild their economies and boost prevention efforts. With the number of new cases having dwindled after the disease took more th
Published 18 Apr, 2015 12:00am
US military trainers in Ukraine may destabilise situation: Kremlin

US military trainers in Ukraine may destabilise situation: Kremlin

The Kremlin said on Friday the arrival of about 300 US paratroopers in Ukraine to train Kiev's National Guard could destabilise the situation in the east of the country, where pro-Russian separatists are fighting Ukrainian government forces.
Published 18 Apr, 2015 12:00am
Japan must apologise for WWII until it is forgiven: Murakami

Japan must apologise for WWII until it is forgiven: Murakami

Japan must repeatedly say sorry to China, Korea and the other countries it invaded in the 20th century until its former victims have heard the apology enough, novelist Haruki Murakami has said. "The issue of historical understanding carries great signific
Published 18 Apr, 2015 12:00am
Five abducted Shias beheaded in Afghanistan

Five abducted Shias beheaded in Afghanistan

Militants have beheaded five Shias who were recently abducted in south-eastern Afghanistan, officials said Friday, highlighting a growing pattern of insurgent assaults on ethnic minorities. The ethnic Hazaras were kidnapped on Wednesday in the restive pro
Published 18 Apr, 2015 12:00am
Italy struggles with fresh wave of migrants

Italy struggles with fresh wave of migrants

Emotions were running high in Italy Friday as the country struggled to cope with a new influx of migrants amid "worrying" allegations of clashes between Muslim and Christian refugees on a boat. More than 11,000 migrants have been rescued in the Mediterran
Published 18 Apr, 2015 12:00am
Aussie and New Zealand $ vary near three-week highs

Aussie and New Zealand $ vary near three-week highs

The Australian and New Zealand dollars hovered near three-week highs on Friday, buoyed by broad weakness in their US counterpart and an upbeat Australian job report, putting them on track for hefty gains this week.
Published 18 Apr, 2015 12:00am
Sterling steadies after brief rise above $1.50

Sterling steadies after brief rise above $1.50

Sterling retreated late on Friday, a strong UK jobs report proving too little to drive the currency on from a four-week high hit against the dollar earlier in the session. Dealers said a partial recovery for the dollar had been the main driver, although t
Published 18 Apr, 2015 12:00am
Sri Lankan rupee forwards steady

Sri Lankan rupee forwards steady

Sri Lankan rupee forwards ended steady on Friday as inflows from late remittances offset importer dollar demand, but dealers expect downward pressure on the currency to persist until mid this year due to lower interest rate regime. Actively traded two-wee
Published 18 Apr, 2015 12:00am
Weaker US outlook spurs Asia FX

Weaker US outlook spurs Asia FX

Most emerging Asian currencies rose on Friday to extend weekly gains as US economic data continued to disappoint and comments from Federal Reserve officials added to expectations of a delay in a US interest rate hike. The Malaysian ringgit rose as investo
Published 18 Apr, 2015 12:00am
Rand falls

Rand falls

South Africa's rand fell to a one-week low against the dollar on Friday as the greenback was bolstered by US inflation data that raised hopes of a rate hike, while local power cuts and anti-immigrant unrest hit sentiment. At 1428 GMT, the rand was trading
Published 18 Apr, 2015 12:00am
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