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Print - 2015-07-12
Greek reform proposals push southern euro zone bond yields lower

Greek reform proposals push southern euro zone bond yields lower

Italian, Spanish and Portuguese bond yields fell on Friday after Greece sent a package of reform proposals to its euro zone creditors in a last-ditch attempt to get new funds and avoid bankruptcy. The Greek government has asked for 53.5 billion euros to h
Published 12 Jul, 2015 12:00am
Greek reform proposals push southern euro zone bond yields lower

Greek reform proposals push southern euro zone bond yields lower

Italian, Spanish and Portuguese bond yields fell on Friday after Greece sent a package of reform proposals to its euro zone creditors in a last-ditch attempt to get new funds and avoid bankruptcy. The Greek government has asked for 53.5 billion euros to h
Published 12 Jul, 2015 12:00am
Wall Street ends sharply higher in broad rally

Wall Street ends sharply higher in broad rally

US stocks closed broadly higher on Friday, with major indexes ending up more than 1 percent on hopes Greece would be able to secure fresh funding at an upcoming meeting, which would allow it to avert bankruptcy and remain in the euro zone. Indexes finishe
Published 12 Jul, 2015 12:00am
Canadian dollar gains
Currency

Canadian dollar gains

The Canadian dollar recovered from midsession losses and gained against the greenback on Friday, propelled by stronger-than-forecast Canadian employment numbers. Predictions of further weakness continued to hover over the loonie, however, particularly due
Published 12 Jul, 2015 12:00am
Taiwan aims to set up first US dollar bond exchange

Taiwan aims to set up first US dollar bond exchange

Taiwan is aiming to set up its first exchange to list US dollar-denominated bonds issued by foreign firms, in its latest effort to boost its capital markets and keep in line with global trends, the top financial regulator told Reuters. Morgan Stanley and
Published 12 Jul, 2015 12:00am
Taiwan aims to set up first US dollar bond exchange

Taiwan aims to set up first US dollar bond exchange

Taiwan is aiming to set up its first exchange to list US dollar-denominated bonds issued by foreign firms, in its latest effort to boost its capital markets and keep in line with global trends, the top financial regulator told Reuters. Morgan Stanley and
Published 12 Jul, 2015 12:00am
Bolivar boats, bills in bras as Venezuela's currency sinks
Currency

Bolivar boats, bills in bras as Venezuela's currency sinks

Origami-like boats made from Venezuela's rapidly depreciating bolivar bills sit on the cash register of a small fruit and vegetable store in Caracas. Cashier Marisol Garcia makes the bolivar boats to illustrate roaring inflation and the currency's tumble
Published 12 Jul, 2015 12:00am
Speculators lift net US dollar longs
Currency

Speculators lift net US dollar longs

Speculators raised bullish bets on the US dollar in the latest week, according to Reuters calculations and data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position rose to $25.76 billion in the wee
Published 12 Jul, 2015 12:00am
Euro rebounds on Greek deal optimism; Yellen helps dollar
Currency

Euro rebounds on Greek deal optimism; Yellen helps dollar

The euro advanced broadly on Friday, jumping more than 2 percent against the yen, on optimism Greece would be able to forge a debt deal with its creditors, enabling the troubled nation to stay in the euro zone. The yen and the Swiss franc, which tend to d
Published 12 Jul, 2015 12:00am
Malaysian central bank defends ailing ringgit
Currency

Malaysian central bank defends ailing ringgit

Malaysia's central bank intervened for a third successive trading day on Tuesday to support the ringgit currency, traders said, as corruption allegations swirled round Prime Minister Najib Razak, raising doubts over his grip on power. Thanks to Bank Negar
Published 12 Jul, 2015 12:00am
Swiss forex reserves edge lower in June
Currency

Swiss forex reserves edge lower in June

The Swiss National Bank's (SNB) foreign exchange reserves fell in June for the third month in a row, data showed on Tuesday, despite the central bank's acknowledgement it intervened in currency markets in a bid to weaken the franc. The SNB held 516.240 bi
Published 12 Jul, 2015 12:00am
China should slow down yuan liberalisation: Deutsche Bank
Currency

China should slow down yuan liberalisation: Deutsche Bank

China should cool efforts to internationalise the yuan currency in response to the pressures that have prompted emergency steps to shore up its stock market, according to analysts from the world's second largest currency trader, Deutsche Bank. The yuan ha
Published 12 Jul, 2015 12:00am
South American currencies set to test new lows
Currency

South American currencies set to test new lows

South American currencies are set to test new lows in coming months as prospects of higher US interest rates, weak commodity prices and wrangling over Greece's future in the euro boost market volatility, a Reuters poll showed on Thursday. The region's fiv
Published 12 Jul, 2015 12:00am
China stock rout hits yuan sentiment
Currency

China stock rout hits yuan sentiment

Bullish sentiment on China's yuan fell to the lowest in three months as Chinese stock markets plunged, while short positions on the Malaysian ringgit hit their largest in one month due to rising political tensions, a Reuters poll showed. Bearish bets on m
Published 12 Jul, 2015 12:00am
Vuillermoz first Frenchman to win Tour stage

Vuillermoz first Frenchman to win Tour stage

Alexis Vuillermoz won the eighth stage of the Tour de France on Saturday to become the first French rider to triumph this year. The 27-year-old former mountain biker escaped on the final 2km climb to the finish at Mur de Bretagne following a 181.5km stage
Published 12 Jul, 2015 12:00am
Vicaut dips under 10sec to storm to French title

Vicaut dips under 10sec to storm to French title

Jimmy Vicaut stormed to his second French national 100m title on Saturday to maintain his impressive form ahead of next month's world championships in Beijing. The 23-year-old, who last week equalled the European record of 9.86sec, got off to a good start
Published 12 Jul, 2015 12:00am
US beat Haiti, advance to Gold Cup quarter-finals

US beat Haiti, advance to Gold Cup quarter-finals

The United States secured a quarter-final spot in the CONCACAF Gold Cup when they beat Haiti 1-0 on Friday, while Panama and Honduras drew 1-1 in the other Group A match in Massachusetts. A Clint Dempsey goal early in the second half secured the Americans
Published 12 Jul, 2015 12:00am
History girl Serena wins sixth Wimbledon

History girl Serena wins sixth Wimbledon

Serena Williams won a sixth Wimbledon title on Saturday as the world number one became the oldest woman to win a Grand Slam crown with a 6-4, 6-4 victory against Garbine Muguruza in Saturday's final. At 33 years and 289 days, Serena surpasses Martina Navr
Published 12 Jul, 2015 12:00am
Schweinsteiger to join Manchester United, Bayern confirm

Schweinsteiger to join Manchester United, Bayern confirm

Germany captain Bastian Schweinsteiger brought the curtain down on his hugely successful career at Bayern Munich on Saturday as it was announced he is joining English Premier League giants Manchester United subject to passing a medical. Bayern chairman Ka
Published 12 Jul, 2015 12:00am
Broad burst sets up England win

Broad burst sets up England win

Stuart Broad led England to a 169-run victory in the first Ashes Test as Australia collapsed either side of lunch on the fourth day at Cardiff's Sophia Gardens on Saturday. Australia, well-placed at 97 for one, slumped to 106 for five as four wickets fell
Published 12 Jul, 2015 12:00am
Hafeez seals Pakistan win

Hafeez seals Pakistan win

A dominant all-round performance by Mohammad Hafeez steered Pakistan to a six-wicket victory over Sri Lanka in the first one-day international in Dambulla on Saturday. The off-spinner shrugged off concerns about his bowling action to grab four wickets as
Published 12 Jul, 2015 12:00am
Fashion designer to the stars dies

Fashion designer to the stars dies

French fashion designer Christian Audigier, who made his fortune with "street wear" which became a hit with celebrities including Madonna and Kim Kardashian, has died in Los Angeles aged 57. "He died yesterday at the Cedars-Sinai hospital, of cancer," Mic
Published 12 Jul, 2015 12:00am
North Korea names new defence minister

North Korea names new defence minister

North Korea named the four-star general appointed to the vacant post of defence minister on Saturday, three months after his predecessor was reportedly executed. The country's KCNA news agency referred to General Pak Yong-sik as "head of the Ministry of t
Published 12 Jul, 2015 12:00am
Dozens of Russian troops 'flee unit, fearing Ukraine deployment'

Dozens of Russian troops 'flee unit, fearing Ukraine deployment'

Dozens of Russian soldiers are facing trial for fleeing their unit, fearing deployment to Ukraine, a news site and a lawyer for five of the men said Saturday. The popular Gazeta.ru website said several dozen soldiers would be prosecuted after fleeing a tr
Published 12 Jul, 2015 12:00am
Tunisia says 127 arrests since beach massacre

Tunisia says 127 arrests since beach massacre

Tunisian authorities have arrested 127 suspected "terrorists" since last month's massacre of tourists at a beach resort, the minister heading the crisis group on the incident said Saturday. "Since the attack, the security forces have carried out more than
Published 12 Jul, 2015 12:00am
Tunisia's 'non-Nato ally' status confirmed by US

Tunisia's 'non-Nato ally' status confirmed by US

Tunisia's status as a "non-Nato ally" of the United States has been approved, the US State Department said, paving the way for enhanced military cooperation between the countries. Washington hailed the partnership between the United States and Tunisia aft
Published 12 Jul, 2015 12:00am
Suicide bomber kills 10 in Chad capital

Suicide bomber kills 10 in Chad capital

A suicide bomber dressed as a woman killed around 10 people at a market in the capital of Chad on Saturday, police said, in the latest attack to hit the country on the frontline in the fight against Boko Haram Islamists. The bomber, wearing a full-face Is
Published 12 Jul, 2015 12:00am
Actor Roger Rees dies

Actor Roger Rees dies

Roger Rees, the Tony Award-winning actor who appeared in "The West Wing" and "Cheers," has died at 71, his agent said. Rees died at his home in New York city Friday after a brief illness, his agent Rick Miramontez told AFP. Born in Wales in 1944, Rees's p
Published 12 Jul, 2015 12:00am
Solar Impulse grounded for repairs

Solar Impulse grounded for repairs

The sun-powered Solar Impulse 2 aircraft has been grounded in Hawaii, its crew said Saturday, after a grueling five-day, fuel-less flight across the Pacific Ocean overheated its batteries. The airplane took 118 hours to cross from Japan to Hawaii in the m
Published 12 Jul, 2015 12:00am
Donors pledge billions for Ebola recovery

Donors pledge billions for Ebola recovery

International donors pledged $3.4 billion in new funds Friday to help Guinea, Liberia and Sierra Leone in their final push to stamp out Ebola and get on the road to recovery. The latest promises would bring the total amount of funds to help the three coun
Published 12 Jul, 2015 12:00am
Typhoon Chan-hom swipes eastern China

Typhoon Chan-hom swipes eastern China

Typhoon Chan-hom swiped eastern China on Saturday, paralysing transport links and devastating farmland as authorities evacuated more than a million people, the government and state media said. The storm, which killed five people in the Philippines earlier
Published 12 Jul, 2015 12:00am
Seven dead, dozen injured as attacks rock Thai south

Seven dead, dozen injured as attacks rock Thai south

Three people were killed and a dozen injured in four separate bomb blasts in Thailand's war-torn deep south, police said Saturday, while another four died from shooting and arson attacks. More than 6,300 people have been killed in near-daily conflict pitt
Published 12 Jul, 2015 12:00am
Huge regime bombs kill 28 in IS-held Syria town

Huge regime bombs kill 28 in IS-held Syria town

Syria's regime killed at least 28 people, mostly civilians, on Saturday when its warplanes dropped massive makeshift bombs on a town held by the Islamic State group, a monitor said. The Syrian Observatory for Human Rights said the bombs used in the attack
Published 12 Jul, 2015 12:00am
China detains dozens of rights lawyers: Amnesty

China detains dozens of rights lawyers: Amnesty

At least 50 Chinese human rights lawyers and activists have been detained or questioned in recent days in an "unprecedented" police swoop, rights groups said Saturday, with around 20 still feared to be held. "More than 50 lawyers and activists were target
Published 12 Jul, 2015 12:00am
Prices of most essential kitchen items witness mixed trend

Prices of most essential kitchen items witness mixed trend

Prices of most of the essential kitchen items witnessed a mix trend as vegetables prices decline, while fruit prices registered an increase and prices of non-perishable items remained stable during last week as compared to the preceding week, reveals a su
Published 12 Jul, 2015 12:00am
Power consumers criticise tariff rationalization surcharge

Power consumers criticise tariff rationalization surcharge

Power consumers from domestic, commercial and industrial sectors have criticized the imposition of tariff rationalization surcharge, saying that the government has failed to pass on the benefit of reduced oil prices to them. Consumer Shahid Amin claimed t
Published 12 Jul, 2015 12:00am
Imprisoned workers: Altaf announces setting up of memorial

Imprisoned workers: Altaf announces setting up of memorial

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain Saturday said he has asked the coordination committee to build a memorial to pay homage to those workers who survived and braved prisons and tortures. Addressing party workers who were recently freed from
Published 12 Jul, 2015 12:00am
51 Pakistanis deported from Iran

51 Pakistanis deported from Iran

At least 51 Pakistani labourers were deported from Iran and they were handed over to the Pakistani officials at Zero Gate on Pak-Iran border in Taftan area of the district. Levies said here on Saturday that the Iranian security forces arrested them becaus
Published 12 Jul, 2015 12:00am
Sindh Education Department Corruption worth millions unmasked

Sindh Education Department Corruption worth millions unmasked

A list of 34 officers of Sindh Education Department has been forwarded to National Accountability Bureau (NAB). According to a list sent by Education Department, more than 10,000 fake recruitments were done in former Education Minister's tenure. The 34 of
Published 12 Jul, 2015 12:00am
CCTV cameras Rs 200 million corruption unearthed

CCTV cameras Rs 200 million corruption unearthed

Corruption worth Rs 200 million has on Saturday been exposed in the purchase of CCTV cameras in Karachi. The cameras installed are faulty and substandard while the corruption was allegedly carried out with the involvement of senior police officials.
Published 12 Jul, 2015 12:00am
Two dead in Talagang coach-car collision

Two dead in Talagang coach-car collision

At least two people were killed and 15 others injured in collision between two vehicles here on Saturday. Rescue sources said that the accident took place at Chakwal Road in Talagang where an over speeding passenger coach collided head-on with a private c
Published 12 Jul, 2015 12:00am
Hospitals, health institutions directed to stay alert during Eid

Hospitals, health institutions directed to stay alert during Eid

The Punjab Health department has directed public hospitals, autonomous medical institutions, rural health centres and basic health units in the province to stay alert during the Eid to help the public. The Health department, through a circular has told pr
Published 12 Jul, 2015 12:00am
National Assembly body to discuss: K-IV, 'safe city' projects on Monday

National Assembly body to discuss: K-IV, 'safe city' projects on Monday

National Assembly Standing Committee on Planning, Development and Reforms would take up Islamabad Safe City, Karachi (K-IV) water supply and Kachhi canal projects in its meeting scheduled to be held on Monday. According to sources, the government wanted t
Published 12 Jul, 2015 12:00am
PFMA KP hails withdrawal of levy on wheat bran

PFMA KP hails withdrawal of levy on wheat bran

Pakistan Flour Mills Association (PFMA) Khyber Pakhtunkhwa hailed the federal government for withdrawal levy on wheat bran, termed the move was to avoid flour industries from crisis. This was stated by APFMA KP chairman, Naeem Butt, while presiding over a
Published 12 Jul, 2015 12:00am
Several villages inundate in Narowal

Several villages inundate in Narowal

Several villages have been inundated in Narowal and Shakargarh areas claiming two lives while as many as 17 villages in Gujranwala district have been given flood alerts due to monsoon downpours. According to reports, monsoon downpours have flooded canals
Published 12 Jul, 2015 12:00am
Dar reviews arrangements for K2, K3 power plants

Dar reviews arrangements for K2, K3 power plants

A high-level meeting, chaired by Minister for Finance Senator Ishaq Dar here on Saturday morning, reviewed financial and administrative arrangements for the K2 and K3 power plants. Senior officials of the Ministry of Finance, EAD and PAEC were present in
Published 12 Jul, 2015 12:00am
Rawalpindi streets inundated by heavy rains

Rawalpindi streets inundated by heavy rains

Heavy showers that lashed Rawalpindi on Saturday resulted in many of the streets in the city being inundated by the rainwater. Reportedly, low-lying areas have been submerged in rainwater while there is rise in water level in Nullah Lai at Katarian and Ga
Published 12 Jul, 2015 12:00am
Former Pesco chief arrested by NAB

Former Pesco chief arrested by NAB

National Accountability Bureau (NAB) on Saturday arrested Parvez Akhtar Shah, former chief executive Peshawar Electric Supply Company (PESCO), on charges of accumulating assets that did not match his source of income. Shah will be produced before the Acco
Published 12 Jul, 2015 12:00am
Exorbitant prices of garments, footwear dampen Eid festivity

Exorbitant prices of garments, footwear dampen Eid festivity

As Eidul Fitr is around the corner, the prices of all range of stuffs, especially garments, lady footwear, and artificial jewellery have increased manifold this year. Though, the Eid shopping has gained momentum as huge rush of women buyers seen in major
Published 12 Jul, 2015 12:00am
PTI MPAs reject Afridi's accusations against KP CM

PTI MPAs reject Afridi's accusations against KP CM

Pakistan Tehreek-i-Insaf lawmakers in KP have rebuffed the allegations of provincial Minister for Mines and Minerals, Ziaullah Afridi that he was arrested by KP Accountability Commission, at the behest of Chief Minister, Pervez Khattak. The words, which w
Published 12 Jul, 2015 12:00am
Sharif- Modi meeting great disappointment for Pakistan: PESA

Sharif- Modi meeting great disappointment for Pakistan: PESA

The Pakistan Ex-servicemen Association (PESA) on Saturday said the meeting between Prime Ministers of Pakistan and India on the sidelines of the SCO Summit in Ufa appears to be a great let down for Pakistan. Instead of building on outright support of Chin
Published 12 Jul, 2015 12:00am
Jamaat-e-Islami leader lauds Nawaz-Modi meeting

Jamaat-e-Islami leader lauds Nawaz-Modi meeting

The Jamaat-e-Islami leader has lauded the Nawaz Sharif-Narendra Modi meeting in Ufa, Russia, claiming that the encounter is significant in the present scenario, but India's intransigence to pursue her own agenda is the biggest hurdle in the success of the
Published 12 Jul, 2015 12:00am
Modi is against Muslims: Shujaat

Modi is against Muslims: Shujaat

A top PML-Q leader has rounded on Indian Premier Narendra Modi, saying the latter is "mentally against Muslims". His statement came in response to a meeting between Premier Moodi and his counterpart, Nawaz Sharif - the first ever between the two in Ufa, R
Published 12 Jul, 2015 12:00am
Money laundering: hearing of Ayyan case adjourned till July 13
Currency

Money laundering: hearing of Ayyan case adjourned till July 13

Hearing on Customs petition to register a case against Ayyan Ali under the provisions of money laundering was adjourned till July 13, due to lack of preparation of defendant's lawyer. According to details, the hearing was conducted by Special Judge Custom
Published 12 Jul, 2015 12:00am
Rain-related incidents claim four lives in KP

Rain-related incidents claim four lives in KP

At least four people were killed during the last 24 hours in rain related incidents in Khyber Pakhtunkhwa. According to Provincial Disaster Management Authority (PDMA) three people were killed in Karak and one in Mardan. Five people have also been injured
Published 12 Jul, 2015 12:00am
Afridi hospitalised

Afridi hospitalised

Khyber Pakhtunkhwa's Minister for Mineral Development Ziaullah Afridi was moved to Hayatabad Medical Complex on Saturday after his condition deteriorated during interrogation by the Ehtesab Commission, sources told. Afridi has been accused of misusing his
Published 12 Jul, 2015 12:00am
Flood warning issued in three districts of KP

Flood warning issued in three districts of KP

A flood warning cell in Peshawar on Saturday reported that there is a medium level flood in River Kabul at Nowshera and Warsak. In Nowshera, water flow was recorded at 102800 cusecs while water flow was measured at 54,071 cusecs near Warsak. The rise in t
Published 12 Jul, 2015 12:00am
Zardari condoles death of Sardar Qayum

Zardari condoles death of Sardar Qayum

Former President Asif Ali Zardari has condoled the death of former president and prime minister of Azad Jammu and Kashmir Sardar Muhammad Abdul Qayum in Islamabad on Friday. "In a career that spanned more than six decades Sardar Qayum fought for the Kashm
Published 12 Jul, 2015 12:00am
Construction of SAARCCI building begins in Islamabad

Construction of SAARCCI building begins in Islamabad

The construction work of South Asian Association for Regional Cooperation Chamber of Commerce and Industry (SAARCCI) Headquarters building has been started. Featuring ground plus nine storey iconic building will be a symbol of honour for Pakistan, Vice Pr
Published 12 Jul, 2015 12:00am
Resolution of energy crisis to take time: PBIF

Resolution of energy crisis to take time: PBIF

Pakistan Businessmen and Intellectuals Forum President and a former provincial minister Mian Zahid Hussain has said the energy crisis in Pakistan is result of decades of indifference and it can never be resolved overnight. "Despite serious efforts of the
Published 12 Jul, 2015 12:00am
Hafiz Saeed slams Prime Minister's meeting with Modi

Hafiz Saeed slams Prime Minister's meeting with Modi

Jamaat-ud-Dawa (JuD) chief, Hafiz Muhammad Saeed on Saturday said that no explanation for Prime Minister Nawaz Sharif not bringing up the Kashmir issue in the meeting with Indian counterpart Narendra Modi is acceptable. In a TV interview, Saeed said that
Published 12 Jul, 2015 12:00am
Karachi operation exclusively against MQM: Altaf

Karachi operation exclusively against MQM: Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said Karachi operation is in progress exclusively against his party. Addressing an Iftar party under the auspices of 'Lovers of Pakistan' in London, Altaf said over 50 MQM activists have disappeared a
Published 12 Jul, 2015 12:00am
37 bakers held for selling under-weight roti

37 bakers held for selling under-weight roti

District administration Peshawar arrested 37 bakers (nanbais) for selling under-weight roti during Sehri and Iftar times crackdown against profiteers. According to details, Deputy Commissioner (D.C) Peshawar, Riaz Khan Mehsud along with ADC, Osama Ahmad W
Published 12 Jul, 2015 12:00am
Altaf regrets Nawaz's silence on Kashmir issue

Altaf regrets Nawaz's silence on Kashmir issue

Muttahida Quami Movement leader Altaf Hussain has regretted that Prime Minister Muhammad Nawaz Sharif has not uttered a single word over the main issue of occupied Kashmir during his meeting with Prime Minister Narendra Modi while the latter time and agai
Published 12 Jul, 2015 12:00am
Seminars, functions held to mark 'World Population Day-2015'

Seminars, functions held to mark 'World Population Day-2015'

With the theme of "Vulnerable Populations in Emergencies", the World Population Day-2015 was observed on Saturday with a resolve to continue efforts aimed at checking the growing population by raising awareness about problems of rapidly increasing populat
Published 12 Jul, 2015 12:00am
Terror plot foiled in Quetta

Terror plot foiled in Quetta

Bomb Disposal Squad (BDS) on Saturday foiled a terror bid in Quetta after defusing a bomb near Liaquat Park meant to target the metropolis. According to Police sources, the bomb was placed in a plastic can which was defused later by BDS on the tipoff of a
Published 12 Jul, 2015 12:00am
Fazaia Housing Scheme groundbreaking ceremony held

Fazaia Housing Scheme groundbreaking ceremony held

The AOC Southern Air Command PAF performed the ground-breaking ceremony of Luxury Apartments Site-I at Fazaia Housing Scheme, Karachi recently which marked the formal beginning of work on this auspicious project. The AOC Southern Air Command expressed his
Published 12 Jul, 2015 12:00am
HBFCL and Easy Paisa sign MoU

HBFCL and Easy Paisa sign MoU

Pakistan's premier housing finance institution, House Building Finance Company Limited (HBFCL) has taken a new initiative of signing a Memorandum of Association (MOU) with Pakistan's first and largest branchless banking service, a joint-venture between Ta
Published 12 Jul, 2015 12:00am
Passengers suffer due to flight delays

Passengers suffer due to flight delays

Pakistan International Airlines (PIA) is experiencing disturbed flights schedule for past few days, creating immense difficulties for the passengers during the holy month of Ramazan. According to details, some six flights including three international and
Published 12 Jul, 2015 12:00am
Non-payment of salaries: SBBWDC employees continue protest

Non-payment of salaries: SBBWDC employees continue protest

The employees of Shaheed Benazir Bhutto Women Development Centre (SBBWDC) Hyderabad continued their protest on consecutive third day against non-payment of their salaries. The protest was staged outside Hyderabad Press Club (HPC) on Saturday. Leading the
Published 12 Jul, 2015 12:00am
Gas pipeline: Russia's Rostec may sign document by month-end

Gas pipeline: Russia's Rostec may sign document by month-end

Russia's Rostec state corporation says it expects to sign a document for the construction of a gas pipeline in Pakistan by the end of July. "Yes, we are preparing a document to be signed, according to preliminary estimates, in late July," a Rostec spokesm
Published 12 Jul, 2015 12:00am
Rain-affected traders seek compensation

Rain-affected traders seek compensation

A delegation of rain affected traders led by Abdul Ghaffar Chaudhry, Secretary General, Traders Welfare Association, I&T Center, G-8/1, Islamabad visited Islamabad Chamber of Commerce and Industry and called upon Hanif Abbasi, Chairman, Metro Bus Project
Published 12 Jul, 2015 12:00am
Widespread rains forecast for upcountry in next 24 hours

Widespread rains forecast for upcountry in next 24 hours

The Met Office on Saturday forecast widespread rain with thundershowers for upcountry in the next 24 hours. Rain at scattered places in upper Sindh, parts of Balochistan and Gilgit-Baltistan has also been also forecast with scattered heavy falls in Kashmi
Published 12 Jul, 2015 12:00am
First Eid train leaves Karachi for Lahore

First Eid train leaves Karachi for Lahore

First Eid special train on Saturday left for Lahore with 200 passengers from Karachi Cantt Railway Station. The train will reach Lahore on Sunday morning after stopping at the stations of Hyderabad, Rohri, Rahimyar Khan and Bhawalpur. The train has a capa
Published 12 Jul, 2015 12:00am
BDS defuses 4-5 kg bomb in Quetta

BDS defuses 4-5 kg bomb in Quetta

Bomb Disposal Squad (BDS) on Saturday foiled a terror bid in Quetta after defusing a bomb near Liaquat Park meant to target the metropolis. Police state that the bomb was placed in a plastic can which was defused later by BDS on the tipoff of a citizen.
Published 12 Jul, 2015 12:00am
Germany, UN keen to help Pakistan address challenge of climate change

Germany, UN keen to help Pakistan address challenge of climate change

Germany and the United Nations have expressed their willingness to help Pakistan address the challenge of climate change. Talking to Radio Pakistan, German Ambassador Dr Cyrill Nunn and Director UN Information Centre in Pakistan Vittorio Camarota said Pak
Published 12 Jul, 2015 12:00am
Germany, UN keen to help Pakistan address challenge of climate change

Germany, UN keen to help Pakistan address challenge of climate change

Germany and the United Nations have expressed their willingness to help Pakistan address the challenge of climate change. Talking to Radio Pakistan, German Ambassador Dr Cyrill Nunn and Director UN Information Centre in Pakistan Vittorio Camarota said Pak
Published 12 Jul, 2015 12:00am
Eid shopping gains momentum in Karachi

Eid shopping gains momentum in Karachi

As the holy month of Ramadan slowly creeps towards its end, flocks of eager customers are heading towards markets of the city for Eid shopping. Readymade garments and clothing vendors expecting increase in sales during few days leading up to Eid. Eid shop
Published 12 Jul, 2015 12:00am
Modi-Nawaz meeting

Modi-Nawaz meeting

It is heartening to note that Prime Ministers Nawaz Sharif and his Indian counterpart Narendra Modi met in Russian city Ufa on the sidelines of the SCO Summit in a bid to restart the stalled peace process between the two countries. It has been reported by
Published 12 Jul, 2015 12:00am
Greek 'crisis' crime novelist captivates Germans

Greek 'crisis' crime novelist captivates Germans

It's nearly midnight and in a matter of minutes Greece will leave the euro. Banks are shuttered, TV shows heatedly debate whether salaries will be paid... and Inspector Haritos has a new crime to solve. The prescient, if fictional, setting for a novel by
Published 12 Jul, 2015 12:00am
Puerto Rico, a new way station for drug traffickers

Puerto Rico, a new way station for drug traffickers

By day, bobbing on the Caribbean, it looks like just another boat out for a day of fishing. But by night the engines roar to life and the hidden cargo of cocaine gets moving. Puerto Rico - the economically distressed US territory that many Americans know
Published 12 Jul, 2015 12:00am
CPEC: The 'fate changer'

CPEC: The 'fate changer'

CPEC is not merely an ordinary economic corridor or a transit trade route, but it would be a fate changer project through which the Pakistani nation would be able to generate around 10,000 megawatts of power, a number of hydropower dams, a high-speed rail
Published 12 Jul, 2015 12:00am
Almost a breakthrough

Almost a breakthrough

After a spell of searing heat come cool showers of monsoon - that is typical of South Asia weather, both climatic and political. What looked almost impossible - with Indian government leaders making grave threats and their Pakistani counterparts issuing m
Published 12 Jul, 2015 12:00am
NAB cases

NAB cases

The National Accountability Bureau (NAB) as directed by the Supreme Court submitted a report highlighting extremely disturbing facts on 150 major scams with severe financial implications on the exchequer. Seventy-one of these cases are in the inquiry stag
Published 12 Jul, 2015 12:00am
Deadly IS car bomb hits Italian consulate in Egypt

Deadly IS car bomb hits Italian consulate in Egypt

The Islamic State group said it was behind a deadly car bomb attack on Italy's consulate in the Egyptian capital Saturday, and warned Muslims to stay away from such places. "Soldiers of the Islamic State in Cairo were able to detonate a parked booby-trapp
Published 12 Jul, 2015 12:00am
Deadly IS car bomb hits Italian consulate in Egypt

Deadly IS car bomb hits Italian consulate in Egypt

The Islamic State group said it was behind a deadly car bomb attack on Italy's consulate in the Egyptian capital Saturday, and warned Muslims to stay away from such places. "Soldiers of the Islamic State in Cairo were able to detonate a parked booby-trapp
Published 12 Jul, 2015 12:00am
India, Turkmenistan back stronger energy ties

India, Turkmenistan back stronger energy ties

Indian Prime Minister Narendra Modi on a visit to Turkmenistan on Saturday backed stronger energy ties with the gas-rich ex-Soviet state. Meeting Turkmen President Gurbanguly Berdymukhamedov for talks in Ashgabat, the Indian premier backed an ambitious pr
Published 12 Jul, 2015 12:00am
India, Turkmenistan back stronger energy ties

India, Turkmenistan back stronger energy ties

Indian Prime Minister Narendra Modi on a visit to Turkmenistan on Saturday backed stronger energy ties with the gas-rich ex-Soviet state. Meeting Turkmen President Gurbanguly Berdymukhamedov for talks in Ashgabat, the Indian premier backed an ambitious pr
Published 12 Jul, 2015 12:00am
India, Turkmenistan back stronger energy ties

India, Turkmenistan back stronger energy ties

Indian Prime Minister Narendra Modi on a visit to Turkmenistan on Saturday backed stronger energy ties with the gas-rich ex-Soviet state. Meeting Turkmen President Gurbanguly Berdymukhamedov for talks in Ashgabat, the Indian premier backed an ambitious pr
Published 12 Jul, 2015 12:00am
Eid likely on July 18

Eid likely on July 18

Ruet-e-Hilal Research Council has predicted that Shawal Moon in Pakistan would probably be sighted on Friday, the 17th of July. According to details, the session of Ruet-e-Hilal Committee will be convened on Friday, in Karachi to confirm the moon sighting
Published 12 Jul, 2015 12:00am
Eid likely on July 18

Eid likely on July 18

Ruet-e-Hilal Research Council has predicted that Shawal Moon in Pakistan would probably be sighted on Friday, the 17th of July. According to details, the session of Ruet-e-Hilal Committee will be convened on Friday, in Karachi to confirm the moon sighting
Published 12 Jul, 2015 12:00am
NTDC: IHC sets aside notifications

NTDC: IHC sets aside notifications

The Islamabad High Court (IHC) on Saturday set aside notifications, including the one with regard to suspension of chairman of National Transmission and Dispatch Company (NTDC). Earlier, the water and power ministry headed by Khawaja Muhammad Asif had dir
Published 12 Jul, 2015 12:00am
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