AIRLINK 195.65 Increased By ▲ 3.81 (1.99%)
BOP 10.18 Increased By ▲ 0.31 (3.14%)
CNERGY 7.87 Increased By ▲ 0.20 (2.61%)
FCCL 38.34 Increased By ▲ 0.48 (1.27%)
FFL 16.06 Increased By ▲ 0.30 (1.9%)
FLYNG 25.41 Increased By ▲ 0.10 (0.4%)
HUBC 130.70 Increased By ▲ 0.53 (0.41%)
HUMNL 13.94 Increased By ▲ 0.35 (2.58%)
KEL 4.67 No Change ▼ 0.00 (0%)
KOSM 6.31 Increased By ▲ 0.10 (1.61%)
MLCF 45.15 Increased By ▲ 0.86 (1.94%)
OGDC 209.35 Increased By ▲ 2.48 (1.2%)
PACE 6.69 Increased By ▲ 0.13 (1.98%)
PAEL 41.17 Increased By ▲ 0.62 (1.53%)
PIAHCLA 17.74 Increased By ▲ 0.15 (0.85%)
PIBTL 8.14 Increased By ▲ 0.07 (0.87%)
POWER 9.37 Increased By ▲ 0.13 (1.41%)
PPL 180.81 Increased By ▲ 2.25 (1.26%)
PRL 39.95 Increased By ▲ 0.87 (2.23%)
PTC 24.58 Increased By ▲ 0.44 (1.82%)
SEARL 110.70 Increased By ▲ 2.85 (2.64%)
SILK 0.98 Increased By ▲ 0.01 (1.03%)
SSGC 38.27 Decreased By ▼ -0.84 (-2.15%)
SYM 19.25 Increased By ▲ 0.13 (0.68%)
TELE 8.79 Increased By ▲ 0.19 (2.21%)
TPLP 12.30 Decreased By ▼ -0.07 (-0.57%)
TRG 66.10 Increased By ▲ 0.09 (0.14%)
WAVESAPP 12.45 Decreased By ▼ -0.33 (-2.58%)
WTL 1.70 No Change ▼ 0.00 (0%)
YOUW 3.99 Increased By ▲ 0.04 (1.01%)
BR100 12,087 Increased By 156.3 (1.31%)
BR30 36,061 Increased By 401.4 (1.13%)
KSE100 114,864 Increased By 1657.4 (1.46%)
KSE30 36,102 Increased By 536.3 (1.51%)
Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-05-30
Shabir Shah detained: Pakistani flag reappears at rally in IHK

Shabir Shah detained: Pakistani flag reappears at rally in IHK

A couple of days after Home Minister Rajnath Singh issued warning to Kashmiri leaders over using anti-India slogans, Pakistani flags once again appeared during a gathering in Anantnag on Friday. This is the fifth such occasion in the last seven days. Acco
Published 30 May, 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 May, 26 2015.

Published 30 May, 2015 12:00am
Saleh says Saudi offered him 'millions' to fight Huthis

Saleh says Saudi offered him 'millions' to fight Huthis

Yemen's ex-president Ali Abdullah Saleh said in an interview broadcast Friday he had rejected "millions of dollars" Saudi Arabia offered him if he stood up to the Shia rebels. "They told us 'we'll pay you millions of dollars if you ally with us'" against
Published 30 May, 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 May, 26 2015.

Published 30 May, 2015 12:00am
Saleh says Saudi offered him 'millions' to fight Huthis

Saleh says Saudi offered him 'millions' to fight Huthis

Yemen's ex-president Ali Abdullah Saleh said in an interview broadcast Friday he had rejected "millions of dollars" Saudi Arabia offered him if he stood up to the Shia rebels. "They told us 'we'll pay you millions of dollars if you ally with us'" against
Published 30 May, 2015 12:00am
British banks linked to corrupt FIFA transactions

British banks linked to corrupt FIFA transactions

Britain's Serious Fraud Office said on Friday it was examining "material in its possession" related to the FIFA corruption scandal following allegations that illegal payments were routed through British banks. "The SFO continues actively to assess materia
Published 30 May, 2015 12:00am
British banks linked to corrupt FIFA transactions

British banks linked to corrupt FIFA transactions

Britain's Serious Fraud Office said on Friday it was examining "material in its possession" related to the FIFA corruption scandal following allegations that illegal payments were routed through British banks. "The SFO continues actively to assess materia
Published 30 May, 2015 12:00am
British banks linked to corrupt FIFA transactions

British banks linked to corrupt FIFA transactions

Britain''s Serious Fraud Office said on Friday it was examining "material in its possession" related to the FIFA corruption scandal following allegations that illegal payments were routed through British banks. "The SFO continues actively to assess materi
Published 30 May, 2015 12:00am
US removes Cuba from terror blacklist in landmark move

US removes Cuba from terror blacklist in landmark move

The United States removed Cuba from its blacklist as a state sponsor of terrorism on Friday, in a landmark move aimed at paving the way towards normalising ties frozen for half a century. The decision means Cuba will now have better access to US banking f
Published 30 May, 2015 12:00am
US removes Cuba from terror blacklist in landmark move

US removes Cuba from terror blacklist in landmark move

The United States removed Cuba from its blacklist as a state sponsor of terrorism on Friday, in a landmark move aimed at paving the way towards normalising ties frozen for half a century. The decision means Cuba will now have better access to US banking f
Published 30 May, 2015 12:00am
US removes Cuba from terror blacklist in landmark move

US removes Cuba from terror blacklist in landmark move

The United States removed Cuba from its blacklist as a state sponsor of terrorism on Friday, in a landmark move aimed at paving the way towards normalising ties frozen for half a century. The decision means Cuba will now have better access to US banking f
Published 30 May, 2015 12:00am
IS bombs second Saudi Shia mosque, killing 4

IS bombs second Saudi Shia mosque, killing 4

An Islamic State jihadist killed four people Friday when he blew himself up in a car outside a Shia mosque in Saudi Arabia, the second such attack in a week. The bombing, again coinciding with weekly Friday prayers, added to the distrust felt by among the
Published 30 May, 2015 12:00am
IS bombs second Saudi Shia mosque, killing 4

IS bombs second Saudi Shia mosque, killing 4

An Islamic State jihadist killed four people Friday when he blew himself up in a car outside a Shia mosque in Saudi Arabia, the second such attack in a week. The bombing, again coinciding with weekly Friday prayers, added to the distrust felt by among the
Published 30 May, 2015 12:00am
India's economy grows 7.3 percent

India's economy grows 7.3 percent

India posted annual growth of 7.3 percent on Friday, overtaking China in the first three months of 2015, but analysts warned further measures were needed to boost the economy. The growth rate for the financial year that ended March 31, 2015 came in slight
Published 30 May, 2015 12:00am
India's economy grows 7.3 percent

India's economy grows 7.3 percent

India posted annual growth of 7.3 percent on Friday, overtaking China in the first three months of 2015, but analysts warned further measures were needed to boost the economy. The growth rate for the financial year that ended March 31, 2015 came in slight
Published 30 May, 2015 12:00am
India''s economy grows 7.3 percent

India''s economy grows 7.3 percent

India posted annual growth of 7.3 percent on Friday, overtaking China in the first three months of 2015, but analysts warned further measures were needed to boost the economy. The growth rate for the financial year that ended March 31, 2015 came in slight
Published 30 May, 2015 12:00am
US MIDDAY: gold edges up

US MIDDAY: gold edges up

Gold edged up early on Friday from the previous day's 2-1/2-week low, supported by a softer dollar and uncertainty over Greece's debt talks, but remained under pressure from expectations US interest rates might rise soon. The prospect of higher rates, whi
Published 30 May, 2015 12:00am
Corn drops, soyabeans rise

Corn drops, soyabeans rise

US corn futures fell on Friday and were on track for a second straight weekly decline after the US government lowered its targets for ethanol blending and as corn export demand slumped for the crop harvested this autumn. Soyabeans rose about 1 percent, le
Published 30 May, 2015 12:00am
Gold rises in Europe

Gold rises in Europe

Gold edged up from Thursday's 2 1/2-week low, supported by a softer dollar and uncertainty over Greece's debt talks, but remained under pressure on Friday from expectations US interest rates might rise soon. The prospect of higher rates, which would boost
Published 30 May, 2015 12:00am
Gold holds above 2-1/2-week low in Asia

Gold holds above 2-1/2-week low in Asia

Gold was hovering above a 2-1/2-week low on Friday as the dollar gave back some of its recent gains, but the metal was still headed for a second straight weekly decline on the prospect of higher US interest rates. Spot gold was little changed at $1,187.90
Published 30 May, 2015 12:00am
Gold bounces up in New York

Gold bounces up in New York

Gold inched higher after hitting a 2-1/2 week low on Thursday as the dollar and global shares fell alongside uncertainty about Greece and an unexpected rise in US jobless claims. Spot gold was up 0.1 percent at $1,188.30 an ounce by 2:26 pm EDT (1826 GMT)
Published 30 May, 2015 12:00am
New York cocoa down
Currency

New York cocoa down

New York cocoa futures on ICE fell for the fifth straight session on Friday, as the British pound extended losses against the US dollar, while raw sugar hovered above the lowest level in more than six years. London cocoa extended losses after falling from
Published 30 May, 2015 12:00am
Corn rebounds on short covering

Corn rebounds on short covering

US corn futures on Thursday rebounded from a seven-month low after three days of declines in a short-covering bounce and following a government report showing higher ethanol output and lower stocks of the corn-based biofuel. Wheat futures were mixed as a
Published 30 May, 2015 12:00am
Rubber posts sharpest weekly gain

Rubber posts sharpest weekly gain

Benchmark Tokyo rubber futures rose for a fourth straight session on Friday and posted their sharpest weekly gain in two years, as the yen hovered near its 12-1/2 year low against the dollar. Tokyo Commodity Exchange (TOCOM) futures, which set the tone fo
Published 30 May, 2015 12:00am
Palm oil climbs
Currency

Palm oil climbs

Malaysian palm oil futures edged up to their highest in over two weeks on Friday to record their biggest weekly gain in four months, buoyed by a weak ringgit and firm overseas soy markets. Benchmark prices hit three-week lows on Monday before reversing co
Published 30 May, 2015 12:00am
Oil leaps five percent as dollar rally stalls, US rigs fall

Oil leaps five percent as dollar rally stalls, US rigs fall

Crude oil prices jumped almost 5 percent on Friday, their biggest rally in 1-1/2 months, as a steady US dollar and a bigger than expected drop in US oil rigs in operation set off a renewed rush of bullish bets. US crude has risen by as much as $4 a barrel
Published 30 May, 2015 12:00am
Aluminium sees biggest monthly loss in 2-1/2 years

Aluminium sees biggest monthly loss in 2-1/2 years

Aluminium prices slid on Friday on continued worries about output from China swamping the global market, notching its biggest monthly decline in more than 2-1/2 years. Three-month aluminium on the London Metal Exchange failed to trade in closing open outc
Published 30 May, 2015 12:00am
Shanghai copper up

Shanghai copper up

The most-traded August copper contract on the Shanghai Futures Exchange ended up 0.4 percent at 44,300 yuan ($7,145) a tonne on Friday. The metal is pressured by ample inventories of refined metal, but prospects that Chinese stimulus measures would revive
Published 30 May, 2015 12:00am
Cotton hits near two-week high on strong export sales report
Cotton

Cotton hits near two-week high on strong export sales report

ICE cotton futures rose to their highest level in nearly two weeks on Friday after a US Department of Agriculture (USDA) report showed strong export sales last week, but prices pared gains later in the session. "Now, we're exceeding USDA projections prett
Published 30 May, 2015 12:00am
Consensus on corridor

Consensus on corridor

No wonder, as soon as the government lent clarity to the China-Pakistan Economic Corridor (CPEC) roadmap the country's political leadership lost no time in giving its go-ahead signal, giving a shut-up call to the project's detractors at home and abroad. T
Published 30 May, 2015 12:00am
May 28: A day that made the difference

May 28: A day that made the difference

If peace has held in South Asia for nearly two decades, despite some serious provocations, it is essentially because of the 'minimum nuclear deterrence' that Pakistan acquired on May 28, twenty years ago. On that day, Pakistan detonated seven nuclear expl
Published 30 May, 2015 12:00am
The mafia impact on poverty in Pakistan

The mafia impact on poverty in Pakistan

The number of mafia operating in Pakistan can be easily ascertained from the newspapers of Pakistan. They reap the economics of advertisement these days. The electronic media enjoys the benefits of paid advertisement by the political party in power. But t
Published 30 May, 2015 12:00am
Still... great people to fly with

Still... great people to fly with

The mundane pedagogy of free market fundamentalism, summarised in the domestically revered slogan, "It is not the governments business to be in business", appears to be reaching its zenith in recent time in Pakistan. Even panoptic politicians, mesmerised
Published 30 May, 2015 12:00am
Far from the madding crowd: China's rich seek own islands

Far from the madding crowd: China's rich seek own islands

As sunset falls on his private island in the South China Sea, entrepreneur Lin Dong likes few things better than to lounge on a hammock strung between two trees as waves lap the shore. "I don't like noise, and I'm not a fan of the pollution in crowded cit
Published 30 May, 2015 12:00am
Budget anomalies and high incidence of taxes

Budget anomalies and high incidence of taxes

The paper trade and printing and packaging industries is suffering terribly due to highest rate of duty/taxes on paper (raw material) and duty-free imports of finished book and other printed material. We have also raised this issue in the National Tariff
Published 30 May, 2015 12:00am
Zero-rating status for poultry's plants sought

Zero-rating status for poultry's plants sought

Pakistan Poultry Association (PPA) has demanded zero-rating tax status for all the processing plants having slaughtering and value-addition units within their premises. Such a move on the part of government will help stabilise prices of poultry products,
Published 30 May, 2015 12:00am
POL prices Ogra recommends up to Rs 13.25 per litre increase

POL prices Ogra recommends up to Rs 13.25 per litre increase

The Oil and Gas Regulatory Authority (OGRA) on Friday recommended to the government to increase the prices of petroleum products in the range of Rs 6.19 per litre to Rs 13.25 per litre. According to a summary forwarded by OGRA to the Petroleum Ministry, t
Published 30 May, 2015 12:00am
German parliamentarians discuss strengthening of relations

German parliamentarians discuss strengthening of relations

Members of the Committee for Economic Co-operation and Development of the German Parliament (Bundestag), including Committee's chairperson Dagmar Woehrl and the Vice President of the German Bundestag Claudia Roth arrived in Islamabad here on Tuesday. The
Published 30 May, 2015 12:00am
Master Degrees in War Studies (Maritime) conferred on 79 graduates

Master Degrees in War Studies (Maritime) conferred on 79 graduates

The Convocation ceremony of 44th Pakistan Navy Staff Course was held at Pakistan Navy War College, Lahore. Chief of the Naval Staff, Admiral Muhammad Zakaullah, graced the ceremony as Chief Guest and conferred Master Degrees in War Studies (Maritime) to 7
Published 30 May, 2015 12:00am
ECP concerned at government's control room

ECP concerned at government's control room

The Election Commission of Pakistan (ECP) has shown serious concern over establishment of Control Room by the Government of Khyber Pakhtunkhwa for consolidation of Local Government Elections' result. In a letter from the Secretary ECP, the Chief Secretary
Published 30 May, 2015 12:00am
International Day of UN Peacekeepers observed

International Day of UN Peacekeepers observed

To mark the International Day of United Nations Peacekeepers, a commemorative event was co-hosted by the Ministry of Foreign Affairs and COMSATS Institute of Information Technology Friday at the Ministry of Foreign Affairs. A minute of silence was observe
Published 30 May, 2015 12:00am
PSDP 2014-15: government releases 73 percent of Rs 525 billion

PSDP 2014-15: government releases 73 percent of Rs 525 billion

The federal government has released 73 percent of the Rs 525 billion budgeted for Public Sector Development Programme (PSDP) 2014-15 with one month remaining. According to the latest data released by Ministry of Planning, Development and Reforms, 71 perce
Published 30 May, 2015 12:00am
CPEC's benefits Ahsan briefs Balochistan, KP students

CPEC's benefits Ahsan briefs Balochistan, KP students

Federal Minister for Planning, Development & Reforms Professor Ahsan Iqbal on Friday said that government is making efforts to include the youth in the development narrative for sustainable progress of the country. Minister stated while talking to student
Published 30 May, 2015 12:00am
KP government to construct flyover at Hayatabad

KP government to construct flyover at Hayatabad

The provincial government of Khyber Pakhtunkhwa has decided to construct a flyover at Hayatabad Phase-III Chowk on Jamrud Road. The construction of the flyover will be carried out by National Logistic Cell (NLC). In this connection, Peshawar Development A
Published 30 May, 2015 12:00am
Pesco nabs 11 accused for using direct hooks

Pesco nabs 11 accused for using direct hooks

Peshawar Electricity Supply Company (Pesco) has accelerated campaign against power pilferage and checking teams of Cantonment Rural Division Peshawar arrested 11 more accused on charges of using electricity through direct hooks. Pesco officials have regis
Published 30 May, 2015 12:00am
Government urged to take steps for averting water crisis

Government urged to take steps for averting water crisis

President of All Karachi Industrial Alliance (AKIA) Mian Zahid Hussain has said that the country was steadily heading towards a serious water crisis due to decades-long negligence of the authorities concerned. He also voiced his concern over construction
Published 30 May, 2015 12:00am
Five militants killed, two security men martyred

Five militants killed, two security men martyred

At least five militants were killed and two security personnel embraced martyrdom on Friday in exchange of fire in North Waziristan's Ghulam Khan area after some unidentified militants attacked at a security forces' vehicle. According to security sources,
Published 30 May, 2015 12:00am
IBA Director visits DHA City

IBA Director visits DHA City

Director IBA Dr lshrat Hussain along with Administrator DHA Brigadier Zubair Ahmed visited DHA City Karachi (DCK) on Friday. He was given an in-depth briefing on the efficacy, development strategy and the ongoing development works of DCK by the project co
Published 30 May, 2015 12:00am
CM Sindh removes two SPs, orders inquiry into May 23 incident

CM Sindh removes two SPs, orders inquiry into May 23 incident

Sindh Chief Minister Syed Qaim Ali Shah following the directives of Sindh High Court has ordered removal of two SPs with immediate effect and constituted a two-member committee of senior officers to investigate into the incident of May 23 and report withi
Published 30 May, 2015 12:00am
July 2014 to April 2015: pulses' import up by 34.30 percent

July 2014 to April 2015: pulses' import up by 34.30 percent

Pakistan's pulses' import mounted to $322.014 million from July 2014 to April 2015, up by 34.30 percent, according to the government's statistics. The pulses import surge reached $82.24 million from July 2014 to April 2015 from $239.774 million from July
Published 30 May, 2015 12:00am
Journalists hold demonstration in support of BOL workers

Journalists hold demonstration in support of BOL workers

The journalists' community of the twin cities of Rawalpindi/Islamabad Friday expressed solidarity with the working journalists and media workers of Bol TV channel. Pakistan Federal Union of Journalists and Rawalpindi Islamabad Union of Journalists (RIUJ)
Published 30 May, 2015 12:00am
Kati welcomes consensus on CPEC

Kati welcomes consensus on CPEC

Korangi Association of Trade and Industry (Kati) Patron-in-chief S M Muneer, Kati President Rashid Ahmed Siddiqui and Senator Abdul Haseeb Khan have welcomed political consensus on China-Pakistan Economic Corridor. They said that CPEC would not only bring
Published 30 May, 2015 12:00am
One killed in Karachi

One killed in Karachi

A man was killed by unknown men while two others including a constable were seriously injured during exchange of firing with dacoits, here on Friday. Police sources said a 37-years-old man was killed in firing of unknown armed men in Peela School area of
Published 30 May, 2015 12:00am
TCP finalises deals on urea import

TCP finalises deals on urea import

Following the directives of the Economic Co-ordination Committee (ECC) of the Cabinet, the state-run grain trader has finalised deals for the import of 50,000 tons of urea to avoid its shortage in the domestic market. Sources told Business Recorder </i
Published 30 May, 2015 12:00am
FBR offices, NBP branches to remain open today

FBR offices, NBP branches to remain open today

As May 31st, is a public holiday being Sunday, the Federal Board of Revenue (FBR), Islamabad, in co-ordination with State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP), has made special arrangements for collection of duties and taxes on Satur
Published 30 May, 2015 12:00am
Two shot dead in Malir

Two shot dead in Malir

At least two persons were killed in firing of unknown miscreants here on Friday. Police said that unidentified armed men gunned down two persons in Malir Baqra Piri area. The bodies of deceased were shifted to Jinnah Postgraduate Medical Centre (JPMC) for
Published 30 May, 2015 12:00am
Saima Group signs agreement with PTCL

Saima Group signs agreement with PTCL

Pakistan Telecommunication Company Limited (PTCL), the largest ICT solutions providers in the country has inked an agreement with Saima Group for deployment of PTCL infrastructure and provisioning of ICT services to its development projects. The agreement
Published 30 May, 2015 12:00am
SHC sets deadline for action against masked cops

SHC sets deadline for action against masked cops

The Sindh High Court on Thursday granted time to the Sindh Chief Minister and other officials till June 1 for taking action against the perpetrators of an incident of manhandling of newsmen in the court premises on May 23. During the hearing IGP, Sindh, G
Published 30 May, 2015 12:00am
Axact scam: Altaf amazed over LEAs' 'ignorance'

Axact scam: Altaf amazed over LEAs' 'ignorance'

MQM Chief Altaf Hussain has said that nearly 18 federal and provincial law enforcement agencies (LEAs) were working throughout the country and astonishingly all were unaware of the filthy activities of 'Axact'. In a statement issued from London Secretaria
Published 30 May, 2015 12:00am
FBR officials 'banned' from interacting with media persons

FBR officials 'banned' from interacting with media persons

The Federal Board of Revenue (FBR) has imposed a permanent ban on all officials of the Board from interacting with media except official spokesperson FBR under new Internal Communication Policy & Strategy issued by the FBR, here on Friday. According to th
Published 30 May, 2015 12:00am
Pakistan-Switzerland friendship moot starts

Pakistan-Switzerland friendship moot starts

"This is the first-of-its-kind exhibition which is beneficial for the sponsors, the image of Karachi Airport, and in particular for Pakistan, and Switzerland," said the Consul General, Emil Wyss, on the occasion of the inauguration of "Pakistan-Switzerlan
Published 30 May, 2015 12:00am
'Life support training imperative for every individual'

'Life support training imperative for every individual'

Life support training is imperative for every individual to remain safe and help others in a situation of man-made and natural disaster for safety and recovery in cases of untoward incidents. This was stated by Disaster Risk Reduction Expert Akhtar Ahmad
Published 30 May, 2015 12:00am
Rana Sanaullah, Ayesha Ghous take oath as Punjab ministers

Rana Sanaullah, Ayesha Ghous take oath as Punjab ministers

Rana Sanaullah and Dr Ayesha Ghaus Malik on Friday took oath as provincial ministers in a ceremony held at Governor's House, here on Friday. With the induction of the ministers, the number of Cabinet members has now reached 21. Governor Rafique Rajwana ad
Published 30 May, 2015 12:00am
Dasu Hydropower Project: 10 firms, joint ventures submit proposals

Dasu Hydropower Project: 10 firms, joint ventures submit proposals

In a significant development to implement the Dasu Hydropower Project, up to 10 firms and joint ventures - known world over in the field of project implementation - have submitted their proposals for construction of the main dam of Dasu Hydropower Project
Published 30 May, 2015 12:00am
CNG stations remain shut despite government announcement

CNG stations remain shut despite government announcement

Compressed Natural Gas stations, expected to reopen on Friday after seven months, are still shutting down despite announcements by the federal and the Punjab governments. All Pakistan CNG Association Central leader, Shuja Anwar talking to Business Reco
Published 30 May, 2015 12:00am
Dar, KPCCI team discuss new incentives

Dar, KPCCI team discuss new incentives

Finance Minister, Senator Mohammad Ishaq Dar had a meeting with Khyber Pakhtunkhwa Chamber of Commerce & Industry (KPCCI) delegation regarding new incentives package for the business community in KP. Senator Ilyas Bilour also accompanied the delegation, s
Published 30 May, 2015 12:00am
NA body reviews TDAP performance

NA body reviews TDAP performance

A meeting of the Standing Committee of National Assembly on Commerce held on Friday to review performance of Trade Development Authority of Pakistan (TDAP) and steps taken on behalf of it for the promotion of trade activities in the province. Chairman of
Published 30 May, 2015 12:00am
Woman MPs agree to amend Child Marriage Act to increase girl age

Woman MPs agree to amend Child Marriage Act to increase girl age

Female parliamentarians of four provinces and AJK on Friday agreed to amend Child Marriage Act to increase the age of girl for marriage from 16 to 18 years and made mandatory Computerised National Identity Card (CNIC) for both girl and boy. The existing l
Published 30 May, 2015 12:00am
Rand under pressure

Rand under pressure

South Africa's rand weakened for the second straight day against the dollar on Friday, hitting a session trough after data from the revenue service showed a trade deficit for April, the latest sign of a struggling economy. The local unit was within easy r
Published 30 May, 2015 12:00am
Foreign fighters switching tactics to reach Syria, Iraq

Foreign fighters switching tactics to reach Syria, Iraq

Foreign fighters bent on joining jihadists in Syria, Iraq and North Africa are changing tactics to avoid detection, increasingly resorting to tortuous travel routes and relying on middlemen, Interpol said Friday. Interpol chief Juergen Stock told a specia
Published 30 May, 2015 12:00am
Merkel vows 'constructive' role to help keep Britain in EU

Merkel vows 'constructive' role to help keep Britain in EU

German Chancellor Angela Merkel vowed Friday to help keep Britain in the EU by working on reforms with Prime Minister David Cameron, even keeping the door open to treaty change. Offering a warm and conciliatory tone to visiting Cameron - who had received
Published 30 May, 2015 12:00am
New Nigerian president seeks to crush Boko Haram

New Nigerian president seeks to crush Boko Haram

New Nigerian President Muhammadu Buhari promised on Friday to eradicate the militants of Boko Haram and rescue hundreds of women and children held captive, including 200 girls taken from the town of Chibok a year ago. In his inaugural address as elected l
Published 30 May, 2015 12:00am
Nigeria joins 40 countries pledging to protect schools in conflicts

Nigeria joins 40 countries pledging to protect schools in conflicts

Almost 40 countries pledged Friday to do more to protect students caught up in conflicts, including Nigeria and Afghanistan both of which have suffered armed attacks on schools in recent years. "Targeted attacks on education are robbing a generation of th
Published 30 May, 2015 12:00am
China deployed artillery in South China Sea, claims US

China deployed artillery in South China Sea, claims US

China recently deployed two artillery pieces on one of its artificial islands in the contested South China Sea, US defence officials said Friday, in an unprecedented move that will heighten suspicion of Beijing's intentions. The heavy weapons, since remov
Published 30 May, 2015 12:00am
Myanmar publishes census, but Rohingya minority not recognised

Myanmar publishes census, but Rohingya minority not recognised

Myanmar released the results of its first nation-wide census in 30 years on Friday, but the survey excluded the country's Muslim Rohingya minority, who complain of deep state-sanctioned discrimination. Most of Myanmar's 1.1 million Rohingya are stateless
Published 30 May, 2015 12:00am
SE Asia vows to rescue 'boat people'; Myanmar seizes migrant vessel

SE Asia vows to rescue 'boat people'; Myanmar seizes migrant vessel

Southeast Asian nations agreed on Friday to intensify search and rescue efforts to help vulnerable "boat people" stranded in the region's seas, as Myanmar said its navy had seized a vessel off its coast with more than 700 migrants aboard. More than 4,000
Published 30 May, 2015 12:00am
Belgium, Netherlands probe Germany after spying claims

Belgium, Netherlands probe Germany after spying claims

Belgium and the Netherlands have launched probes into claims of widespread espionage by Germany, which is accused of helping the US spy on Berlin's closest allies in Europe, officials said Friday. The separate investigations follow reports that Germany's
Published 30 May, 2015 12:00am
Germany warns Ukraine truce turning more 'fragile'

Germany warns Ukraine truce turning more 'fragile'

Germany's foreign minister warned Friday that the situation in Ukraine's separatist east was turning more "fragile" and required all sides to focus their efforts on salvaging a three-month truce. Frank-Walter Steinmeier flew into Kiev just days before Ukr
Published 30 May, 2015 12:00am
Blatter wins fifth FIFA term as challenger concedes

Blatter wins fifth FIFA term as challenger concedes

Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer. Blatter's victory came despite
Published 30 May, 2015 12:00am
Palestinians withdraw bid to have FIFA suspend Israel

Palestinians withdraw bid to have FIFA suspend Israel

Palestinian football chief Jibril Rajoub withdrew his association's bid to have FIFA suspend Israel from international football on Friday before shaking hands with his Israeli counterpart. "I have decided to drop the resolution for the suspension," Rajoub
Published 30 May, 2015 12:00am
Emotional Sharapova, Ivanovic into French Open fourth round
Kerb

Emotional Sharapova, Ivanovic into French Open fourth round

Defending champion Maria Sharapova reached the French Open last-16 on Friday although she appeared on the verge of tears at the end of her straight-sets win over Samantha Stosur. The world number two made the fourth round for the 11th time with a 6-3, 6-4
Published 30 May, 2015 12:00am
Federer, Wawrinka advance

Federer, Wawrinka advance

Swiss pair Roger Federer and Stan Wawrinka both eased into the last 16 of the French Open on Friday as hopes of a first home winner in 32 years were boosted. Second-seeded Federer, whose sole title win in Paris came in 2009, reached the fourth round for t
Published 30 May, 2015 12:00am
Wasim hopes international cricket continues in Pakistan

Wasim hopes international cricket continues in Pakistan

Legendary paceman Wasim Akram Friday declared cricket cannot be kept away from Pakistan after watching the passion and successful staging of a limited over series against Zimbabwe - the country's first in six years. The 49-year-old former captain said wat
Published 30 May, 2015 12:00am
Azhar helps Pakistan win first series in 17 months

Azhar helps Pakistan win first series in 17 months

Azhar Ali hit a solid hundred to help Pakistan win their first one-day series in 17 months with a thumping six-wicket win in the second day-night international against Zimbabwe in Lahore on Friday. Ali scored a 104-ball 102 for his second one-day century
Published 30 May, 2015 12:00am
Anderson at the double before New Zealand fight back

Anderson at the double before New Zealand fight back

James Anderson became the first England bowler to take 400 Test wickets as he induced a New Zealand top-order slump on the first day of the second Test at Headingley on Friday. But New Zealand recovered to 123 for three at tea on a rain-marred day after b
Published 30 May, 2015 12:00am
Latest

Latest

New Zealand, after losing the toss, were 297 for eight against England at stumps on the first day of the second Test at Headingley on Friday. Mark Craig was 16 not out and Matt Henry 14 not out after Test debutant Luke Ronchi (88) and Tom Latham (84) put
Published 30 May, 2015 12:00am
Aussie, New Zealand dollar near lows

Aussie, New Zealand dollar near lows

The Australian and New Zealand dollars nursed deep losses on Friday as speculation of interest rate cuts at home contrasted with the outlook for a hike in the United States later in the year. The Australian dollar was at $0.7660, having touched a 6-week t
Published 30 May, 2015 12:00am
Brexit, growth worries hand sterling worst run in 9 months
Currency

Brexit, growth worries hand sterling worst run in 9 months

Sterling fell for a sixth straight day against the dollar on Friday, its worst run in nine months, erasing all gains made since national elections three weeks ago as investors worried about a possible "Brexit" from the European Union. The pound had rallie
Published 30 May, 2015 12:00am
European shares fall amid Greek impasse, weak eurozone data

European shares fall amid Greek impasse, weak eurozone data

European shares fell on Friday, setting them on course for a weekly loss, as investors were unnerved by conflicting signals from Greece's debt talks and data showing private loan growth in the euro zone stalled last month. The pan-European FTSEurofirst 30
Published 30 May, 2015 12:00am
Previous Day