A British trader accused by US authorities of an illegal role in the May 2010 Wall Street "flash crash" was granted bail by a London court on Wednesday after saying he opposed being extradited to the United States to face trial. The flash crash saw the Do
The 900MW largest solar power project would be launched in Pakistan with an investment of $1.5 billion by the Chinese company Zonergy Limited. Talking to a group of journalists, President Zonergy Yu Yong revealed that this project would be developed with
The 900MW largest solar power project would be launched in Pakistan with an investment of $1.5 billion by the Chinese company Zonergy Limited. Talking to a group of journalists, President Zonergy Yu Yong revealed that this project would be developed with
The 900MW largest solar power project would be launched in Pakistan with an investment of $1.5 billion by the Chinese company Zonergy Limited. Talking to a group of journalists, President Zonergy Yu Yong revealed that this project would be developed with
A consortium of Finland-based companies announced to invest one billion dollar in the energy sector of Pakistan and offerred 1000 MW imported coal based power plant to the government. "The investors are waiting for the government nod after which the proje
A consortium of Finland-based companies announced to invest one billion dollar in the energy sector of Pakistan and offerred 1000 MW imported coal based power plant to the government. "The investors are waiting for the government nod after which the proje
A consortium of Finland-based companies announced to invest one billion dollar in the energy sector of Pakistan and offerred 1000 MW imported coal based power plant to the government. "The investors are waiting for the government nod after which the proje
A division bench of Lahore High Court on Wednesday reserved its verdict on a petition seeking the 'correct' distribution of the Sharif family's assets. Shahnaz Latif, mother of a Pakistan Muslim League-Nawaz Member of Provincial Assembly Mohsin Latif, has
Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday, where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 22.89 points as the ISE Ten Index moved
Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday, where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 22.89 points as the ISE Ten Index moved
The LSE-25 index jumped to 5715.09 against 5527.48 of Tuesday, showing a gain of 187.61 points as equities dominated the board on the Lahore Stock Exchange. The transaction volume also increased to 1.625 million shares compared with the day earlier volume
The LSE-25 index jumped to 5715.09 against 5527.48 of Tuesday, showing a gain of 187.61 points as equities dominated the board on the Lahore Stock Exchange. The transaction volume also increased to 1.625 million shares compared with the day earlier volume
Gold fell to its lowest level in more than a week on Wednesday, suffering its sharpest single session loss in over six weeks after a report showed strong US home sales in March, raising expectations for a June US Federal Reserve interest rate hike. Spot g
US corn futures touched a one-month low on Wednesday and soyabeans dropped on concern that a bird flu outbreak in the United States may cut feed demand, as forecasts for favourable US planting weather in coming weeks also weighed on prices. Wheat was slig
Gold fell more than one percent on Wednesday, on selling pressure as the dollar pared earlier losses after euro zone data disappointed, while the absence of major developments in the Greek crisis left investors cautious. Spot gold dropped as much as 1.2 p
Gold reversed earlier losses to trade above $1,200 on Wednesday as the US dollar weakened, with investors also keeping an eye on the Greek debt crisis and its impact on the currency markets. Spot gold was little changed at $1,203.11 an ounce by 0653 GMT,
Gold rose past chart resistance on Tuesday, recouping most of the previous session's losses in choppy, currency-driven trade after the US dollar turned lower and bolstered bullion's appeal. Global stocks gained as upbeat corporate earnings offset rising w
Oil prices diverged on Wednesday with Brent closing up on renewed fighting in Yemen while US crude fell after another weekly rise in inventories despite slower production. Futures of UK North Sea Brent, the more globally used benchmark for crude, settled
ICE arabica coffee futures pared advances after hitting a two-week high on Wednesday, as a stronger Brazilian real supported and buy-stops exaggerated gains, and raw sugar recovered most of the previous day's losses on the currency move and demand hopes.
US corn futures fell more than 1 percent on Tuesday on planting progress in the world's top producer, coupled with concerns about bird flu slowing demand for poultry feed, traders said. Soyabeans declined as the bird flu fears pressured futures for soyame
Benchmark Tokyo rubber futures extended gains on Wednesday after big Asian rubber producers planned to hike prices sharply, ditching a system of pegging them near the benchmark set by Singapore's SICOM exchange. The producers, including world No 1 Sri Tra
Malaysian palm oil futures fell on Wednesday, ending a three-day winning streak, as the ringgit rose and technical charts took a bearish turn, although traders expect prices to stay in a 2,100-2,200 ringgit range in the near term. Benchmark prices had ris
Weak demand from top consumer China and excess supplies kept copper prices little changed on Wednesday, while lead rose to a five-month high on expectations of shortages. Three-month copper on the London Metal Exchange ended down at $5,910 a tonne from $5
The most-traded June copper contract on the Shanghai Futures Exchange slipped 0.1 percent to 43,310 yuan ($6,974) a tonne on Wednesday as persistently weak consumer demand from China offset concerns that mine supply may fall below expectations. "China dem
Cotton futures fell to their lowest in more than a month on Wednesday as demand remained subdued despite significant losses in the past two weeks. The most active July cotton contract fell 0.07 cent, or 0.1 percent, to settle at 62.92 cents a lb after dro
Pakistan Tehreek-e-Insaf (PTI) on Wednesday filed a list of 13 witnesses before the recently-formed Judicial Commission to investigate alleged rigging in the 2013 general election. The witnesses include former caretaker Punjab Chief Minister Najam Sethi,
Pakistan Tehreek-e-Insaf (PTI) on Wednesday filed a list of 13 witnesses before the recently-formed Judicial Commission to investigate alleged rigging in the 2013 general election. The witnesses include former caretaker Punjab Chief Minister Najam Sethi,
Commerce Minister, Engineer Khurram Dastgir Khan has conveyed Pakistan's concerns to Iran with respect to arbitrary and unilateral import bans, high textile tariffs, and import authorisation system. Khurram Dastgir is in Tehran to attend seventh meeting o
Commerce Minister, Engineer Khurram Dastgir Khan has conveyed Pakistan's concerns to Iran with respect to arbitrary and unilateral import bans, high textile tariffs, and import authorisation system. Khurram Dastgir is in Tehran to attend seventh meeting o
Commerce Minister, Engineer Khurram Dastgir Khan has conveyed Pakistan''s concerns to Iran with respect to arbitrary and unilateral import bans, high textile tariffs, and import authorisation system. Khurram Dastgir is in Tehran to attend seventh meeting
The first foreign bank to operate in Myanmar for decades officially opened the doors of its Yangon branch Wednesday, the latest government attempt to attract more foreign investment to the emergent nation. Myanmar's quasi-civilian administration, which re
The first foreign bank to operate in Myanmar for decades officially opened the doors of its Yangon branch Wednesday, the latest government attempt to attract more foreign investment to the emergent nation. Myanmar's quasi-civilian administration, which re
The EU on Wednesday formally charged Russian gas giant Gazprom with abusing its dominant market position in Europe, risking a new battle with the Kremlin and deepening the crisis over Ukraine. The European Commission accused state-owned Gazprom with infri
The EU on Wednesday formally charged Russian gas giant Gazprom with abusing its dominant market position in Europe, risking a new battle with the Kremlin and deepening the crisis over Ukraine. The European Commission accused state-owned Gazprom with infri
The EU on Wednesday formally charged Russian gas giant Gazprom with abusing its dominant market position in Europe, risking a new battle with the Kremlin and deepening the crisis over Ukraine. The European Commission accused state-owned Gazprom with infri
The Afghan Taliban said their annual "spring offensive" will begin on Friday, vowing nation-wide attacks in what is expected to be the bloodiest fighting season in a decade as Nato forces pull back from the frontlines. This year's offensive marks the firs
The Afghan Taliban said their annual "spring offensive" will begin on Friday, vowing nation-wide attacks in what is expected to be the bloodiest fighting season in a decade as Nato forces pull back from the frontlines. This year's offensive marks the firs
India's government took Al Jazeera news channel off the air on Wednesday for five days after officials insisted it had repeatedly shown wrong maps of Kashmir. Al Jazeera in India showed a blue screen on Wednesday with a sign saying "as instructed by the m
India's government took Al Jazeera news channel off the air on Wednesday for five days after officials insisted it had repeatedly shown wrong maps of Kashmir. Al Jazeera in India showed a blue screen on Wednesday with a sign saying "as instructed by the m
The government's decision to continue spot purchase of LNG instead of a government-to-government deal accounts for higher cost of the commodity, well informed sources told Business Recorder. Sources revealed that the government is purchasing LNG at
The government's decision to continue spot purchase of LNG instead of a government-to-government deal accounts for higher cost of the commodity, well informed sources told Business Recorder. Sources revealed that the government is purchasing LNG at
The World Wide Fund for Nature-Pakistan celebrated the Earth Day by carrying out tree plantation drives in leading educational institutions to raise environmental awareness while symbolically tackling deforestation on Wednesday. Fund Director General Hamm
'Infrastructure development and swift clearance of consignments is necessary to boost trade and investment in Afghanistan.' This was stated by Haji Hameedullah, Vice President, Pakistan Afghanistan Joint Chamber of Commerce & Industry (PAJCCI) at an inter
KP Governor Sardar Mahtab Ahmad Khan has reaffirmed his commitment to maintain peace, harmony and happiness among the people of Federally Administered Tribal Areas (FATA) to make secure future of the young generation with a purpose to enable it to go ahea
High Commissioner of India to Pakistan, Dr T C A Raghavan, while laying stress on increasing volume of bilateral trade between India and Pakistan, observed that the goal can be achieved if we treat each other as normal trade partner. He said this while ad
Interwood Mobel, Pakistan's leading furniture brand, has launched their line of Signature Kitchens designed by acclaimed Italian architect Alfredio Zengiaro along with a new range of Smart Workstations and Wardrobes at their flagship store in Karachi on W
In recognition of the life and sustenance that the planet and its ecosystems provide to the earth's inhabitants, International Mother Earth Day was observed on Wednesday by the students and teachers of department of geography, University of Sindh Jamshoro
Punjab University's Vice Chancellor Professor Doctor Mujahid Kamran has called for subsidy on books to promote reading habit. He stated this while addressing a seminar organised by the university's Department of Information Management in collaboration wit
Chairman Pakistan Association of Automotive Parts and Accessories Manufactures Muhammad Siddique Misri, has sent proposals for the federal budget 2015-16 to the Finance Minister Senator Ishaque Dar as follows:
Patron-in-Chief and Chairperson of Mango Growers Co-operative Society Ltd Syed Zahid Hussain Gardezi has said that ban on use of wooden crates for export of mango by the Plant Protection and Quality Control Authority (PP&QC) (Ministry of Food Security and
Provincial Minister for Irrigation, Mian Yawar Zaman has said that supply of canal water will further improve for after the construction of new Khanki Barrage. He said the Punjab government is implementing a comprehensive plan of restoration of barrages s
The Punjab government has asked all districts to purchase wheat at the rate of Rs 1300 per maund. This was stated by Minister for Food Bilal Yasin while talking to representatives of Kissan Ittehad after a special meeting for reviewing the arrangements of
Irrational use of natural resources, deforestation and pollution, causing climate change and has deteriorated environment. This was stated by Vice Chancellor Professor Dr Iqrar Ahmad Khan of University of Agriculture Faisalabad(UAF) while addressing to pa
Former President Asif Ali Zardari has said that the way forward for Pakistan to make progress and join the comity of developed nations lay in continuity of economic policies. "Continuity, continuity and continuity is what is needed," he said in an intervi
The Old Ravians Union at their annual reunion have honoured Professor Dr Zaheer Ahmad Siddiqui, an eminent poet, distinguished professor and former registrar, for his 50 years meritorious services in research, administration and teaching for the of Govern