Print - 2015-07-21
Three police officers killed in NE Nigeria bomb blast

Three police officers killed in NE Nigeria bomb blast

Three police officers were killed in a bomb blast during a vehicle search at a checkpoint outside the north-east Nigerian city of Damaturu on Monday, police and a witness said, Yobe state police spokesman Toyin Gbadegesin told AFP initially that two offic
Published 21 Jul, 2015 12:00am
Public support plunges for Japan PM Abe over defence bills

Public support plunges for Japan PM Abe over defence bills

Support for the government of Japanese Prime Minister Shinzo Abe has plunged to an all-time low after it pushed unpopular defence bills through parliament despite public anger, according to a new poll. Public approval for the cabinet slumped to 35 percent
Published 21 Jul, 2015 12:00am
Gulf waterway near Houston partly shut after barge crash, fire

Gulf waterway near Houston partly shut after barge crash, fire

A section of a key Gulf Coast waterway was shut after two barges collided Monday, setting one afire and possibly spilling a gasoline additive near the entrance to the Houston Ship Channel, the US Coast Guard said. The Intracoastal Waterway (ICW), which ru
Published 21 Jul, 2015 12:00am
Time to compromise for climate: French FM

Time to compromise for climate: French FM

French Foreign Minister Laurent Fabius, tasked with steering UN talks towards a climate rescue pact by year's end, urged countries Monday to find "compromise" to boost the flagging process. Rank-and-file negotiators "are being stymied by political questio
Published 21 Jul, 2015 12:00am
Adultery website Ashley Madison hacked in shutdown bid

Adultery website Ashley Madison hacked in shutdown bid

Hackers breached the online adultery website Ashley Madison and threatened to expose data on users in an effort to shut down the service which claims millions of members world-wide. Avid Life Media, which owns Ashley Madison, said in a statement Monday an
Published 21 Jul, 2015 12:00am
Global conference pushes plain cigarette packaging

Global conference pushes plain cigarette packaging

Ministers from 10 countries gathered in Paris Monday to launch a common drive to introduce plain cigarette packaging with the aim of stubbing out high smoking rates among young people. Representatives from nations as far afield as New Zealand, Australia,
Published 21 Jul, 2015 12:00am
Global conference pushes plain cigarette packaging

Global conference pushes plain cigarette packaging

Ministers from 10 countries gathered in Paris Monday to launch a common drive to introduce plain cigarette packaging with the aim of stubbing out high smoking rates among young people. Representatives from nations as far afield as New Zealand, Australia,
Published 21 Jul, 2015 12:00am
Federer launches childcare centre in impoverished Malawi

Federer launches childcare centre in impoverished Malawi

Tennis star Roger Federer on Monday swapped his racket for a pair of scissors to cut the ribbon at a new childcare centre in Malawi funded by his foundation. About 10 kilometres (six miles) west of the capital Lilongwe, the windswept village of Lundu has
Published 21 Jul, 2015 12:00am
Hungarian tax office head quits over US entry ban scandal

Hungarian tax office head quits over US entry ban scandal

Hungary's tax office chief, whose US entry visa ban last year over alleged corruption soured relations between Washington and Budapest, has resigned, the country's economy ministry said Monday. Ildiko Vida's resignation took effect on Monday, although she
Published 21 Jul, 2015 12:00am
Four Italians kidnapped in Libya

Four Italians kidnapped in Libya

Four Italian citizens have been kidnapped Libya, the Italian foreign ministry said on Monday. The four employees of construction company Bonatti were kidnapped near a compound owned by Italian oil and gas group Eni in the Mellitah area, the ministry said
Published 21 Jul, 2015 12:00am
Sarfraz, Yasir star in Pakistan's big win

Sarfraz, Yasir star in Pakistan's big win

Sarfraz Ahmed scored 77 and Yasir Shah grabbed four wickets as Pakistan thrashed Sri Lanka by 135 runs in the violence-hit third one-day international in Colombo on Sunday. All-rounder Mohammad Hafeez made up for a year-long ban on bowling due to a suspec
Published 21 Jul, 2015 12:00am
Crowd violence holds up match

Crowd violence holds up match

Rioting crowds forced cricketers to retreat to their dressing rooms as projectiles reached the outer field of the Premadasa Stadium during the third one-day international between Pakistan and hosts Sri Lanka Sunday. Police deployed anti-riot squads to cle
Published 21 Jul, 2015 12:00am
Johnson leads Australia rout of England

Johnson leads Australia rout of England

Mitchell Johnson led Australia's attack as they thrashed England by 405 runs to win the second Ashes Test at Lord's on Sunday to level the five-match series at 1-1. England, set what would have been a new fourth-innings record of 509 for victory, collapse
Published 21 Jul, 2015 12:00am
Reception for Pakistan, Sri Lankan teams at HC Colombo

Reception for Pakistan, Sri Lankan teams at HC Colombo

The High Commission of Pakistan in Sri Lanka has hosted a reception for Pakistan and Sri Lankan cricket teams and their managements in Colombo. Speaking on the occasion, High Commissioner Major General (Retd) Syed Shakeel Hussain said the current series w
Published 21 Jul, 2015 12:00am
India's Dutch coach says he has been sacked

India's Dutch coach says he has been sacked

India's preparations for next year's Olympic field hockey were thrown into turmoil Monday after chief coach Paul van Ass said he had been sacked just five months after taking charge. Speculation over the Dutchman's future arose when he failed to report fo
Published 21 Jul, 2015 12:00am
Zimbabwe post consolation win

Zimbabwe post consolation win

Zimbabwe ended a run of disappointing defeats with a morale-boosting win over India by 10 runs in the second Twenty20 international at Harare Sports Club on Sunday to earn a share of the series. After Chamu Chibhabha hit a career-best 67 to steer Zimbabwe
Published 21 Jul, 2015 12:00am
Blatter departure date set as FIFA tries again with reforms

Blatter departure date set as FIFA tries again with reforms

FIFA President Sepp Blatter on Monday announced a reform taskforce to try to leave the troubled body in better shape when he finally stands down after a new leader of world football is elected in February. Blatter, 79, tried to look ahead at executive mee
Published 21 Jul, 2015 12:00am
Sterling inches down as traders eye BoE minutes
Currency

Sterling inches down as traders eye BoE minutes

Sterling inched lower on Monday after enjoying its best week in almost six years on a trade-weighted basis, as investors awaited minutes from the Bank of England later in the week for a steer on the timing of interest rate rises. Markets took comments las
Published 21 Jul, 2015 12:00am
Solid US data slams Asia FX; baht hits 6-year low
Currency

Solid US data slams Asia FX; baht hits 6-year low

Most emerging Asian currencies skidded on Monday as strong US consumer inflation and housing data added to expectations the Federal Reserve will raise interesst rates in the coming months The Thai baht fell to its weakest in more than six years as a deput
Published 21 Jul, 2015 12:00am
Yuan holds steady
Currency

Yuan holds steady

China's yuan barely moved on Monday after the central bank kept the official guidance rate near unchanged and some state-owned banks were suspected of selling dollars to support the yuan. The People's Bank of China (PBOC) set the midpoint at 6.1197 per do
Published 21 Jul, 2015 12:00am
Sri Lankan rupee ends steady
Currency

Sri Lankan rupee ends steady

The Sri Lankan rupee ended steady for a fifth straight session on Monday as a state-run bank kept the selling rate at 133.80 to the dollar amid demand for the greenback from importers, dealers said. The spot currency closed unchanged at 133.80 on Monday,
Published 21 Jul, 2015 12:00am
South Africa's rand weakens

South Africa's rand weakens

South Africa's rand weakened in cautious trade on Monday against a surging US dollar ahead of local consumer inflation data and interest rate decision this week. The greenback was lifted by expectations for a Federal Reserve interest rate hike this year,
Published 21 Jul, 2015 12:00am
US dollar hits three-month peak, NZ dollar jumps in European trade

US dollar hits three-month peak, NZ dollar jumps in European trade

The dollar reached its highest in three months against a basket of currencies on Monday, with the New Zealand dollar the only major standout after comments by Prime Minister John Key gave investors pause for thought on the scale of its slide. Solid US inf
Published 21 Jul, 2015 12:00am
Dollar jumps; Aussie hits six-year low in Asia
Currency

Dollar jumps; Aussie hits six-year low in Asia

The dollar hit a three-month high against a basket of major currencies on Monday, after solid US inflation and housing data supported expectations for the Federal Reserve to raise interest rates in coming months. The greenback is coming off its best weekl
Published 21 Jul, 2015 12:00am
Aussie, New Zealand dollar pinned near six-year lows
Currency

Aussie, New Zealand dollar pinned near six-year lows

The Australian and New Zealand dollars hovered near six-year lows on Monday, weighed down by weak commodity prices and a diverging interest rate outlook compared with the United States. The Australian dollar was down at $0.7358, having touched a low of $0
Published 21 Jul, 2015 12:00am
Canadian dollar slips
Currency

Canadian dollar slips

The Canadian dollar slipped modestly against its US counterpart in early trade on Monday as the greenback hit its highest level in three months against a basket of currencies, and with Canadian wholesale trade figures showing a slump in May. There was lit
Published 21 Jul, 2015 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.50 percent (* Previous 05.00-06.50 percent). (* revised).
Published 21 Jul, 2015 12:00am
FTSE edges higher with help from HSBC and Sports Direct

FTSE edges higher with help from HSBC and Sports Direct

Britain's top share index edged higher on Monday, boosted by the reopening of banks in Greece and positive broker comments about HSBC and Sports Direct. The bluechip FTSE 100 index closed up 0.2 percent at 6,788.69 points after falling in the previous ses
Published 21 Jul, 2015 12:00am
Indian stocks marginally down

Indian stocks marginally down

Indian shares ended marginally lower on Monday as investors shunned bluechips a day ahead of the monsoon session of parliament, where crucial reforms are expected to be presented. Foreign investors, key to Indian stocks hitting record high in March, have
Published 21 Jul, 2015 12:00am
Australian and New Zealand shares steady
Currency

Australian and New Zealand shares steady

Shares in Australian gold miners were hit hard as the international price of the precious metal sank to a five-year low on Monday, but banks and technology firms managed to offset commodity weakness, leaving the overall index little changed. The S&P/ASX 2
Published 21 Jul, 2015 12:00am
European shares retreat from six-week highs

European shares retreat from six-week highs

European shares backed away from six-week highs on Monday even as Greece began to return to normal after agreeing on terms for a new bailout package. A drop in gold prices hurt mining stocks. The FTSEurofirst 300 index closed 0.3 percent up at 1,613.95 po
Published 21 Jul, 2015 12:00am
Hong Kong shares mixed

Hong Kong shares mixed

Hong Kong stocks ended Monday mixed, as investors awaited fresh direction from mainland markets after they seemed to stabilise. The Hang Seng index was unchanged at 25,404.81, while the China Enterprises Index lost 0.6 percent, to 11,773.92 points. Financ
Published 21 Jul, 2015 12:00am
UAE markets rise ahead of second quarter results

UAE markets rise ahead of second quarter results

Property companies lifted Dubai's stock market on Monday and banks supported Abu Dhabi as expectations for positive second-quarter results boosted both sectors. Dubai's index jumped 2.0 percent to a four-week closing high of 4,184 points and the emirate's
Published 21 Jul, 2015 12:00am
South African shares rise

South African shares rise

South African shares rose on Monday as gains in industrial and financial stocks outweighed heavy losses among gold and platinum producers. AngloGold Ashanti plummeted 9.7 percent after the gold price hit a five year low. The company was the worst performe
Published 21 Jul, 2015 12:00am
Crash curbs early European appetite for China's 'A-Shares'
Currency

Crash curbs early European appetite for China's 'A-Shares'

Tumbling share prices and trading suspensions have tempered any early enthusiasm for mainland Chinese equities among overseas funds, confirming the cautious approach evident in their limited exposure despite official attempts to lure them in. Three govern
Published 21 Jul, 2015 12:00am
South East Asian markets: Malaysia retreats; Manila snaps gains

South East Asian markets: Malaysia retreats; Manila snaps gains

Most Southeast Asian stock markets fell on Monday, with the Malaysian benchmark drifting into negative territory and the Philippine index ending a six-session rising streak, amid foreign-led selling as expectations of a hike in US interest rates kept mark
Published 21 Jul, 2015 12:00am
China says gold stash rose almost 60% in six years
Currency

China says gold stash rose almost 60% in six years

China's official gold reserves rose by almost 60 percent over the past six years, according to the first official data on the subject since 2009. The central People's Bank of China (PBoC) said bullion holdings rose to 1,658 tonnes as of the end of June, f
Published 21 Jul, 2015 12:00am
Taiwan's export orders fall for 3rd month

Taiwan's export orders fall for 3rd month

Taiwan's export orders fell for a third straight month in June on weak demand from China and other emerging markets in a worrying sign for global technology demand. Last year, strong demand for Apple's iPhone helped power Taiwan's exports, a factor that i
Published 21 Jul, 2015 12:00am
IMF names White House official as chief economist

IMF names White House official as chief economist

The International Monetary Fund named Maurice Obstfeld, one of US President Barack Obama's top economic advisers, as its new chief economist on Monday. Obstfeld, a professor at the University of California, Berkeley, will replace outgoing IMF economist Ol
Published 21 Jul, 2015 12:00am
Lockheed to buy Sikorsky for $9 billion

Lockheed to buy Sikorsky for $9 billion

Lockheed Martin Corp said Monday it would buy Sikorsky Aircraft, the helicopter unit of United Technologies Corp, for $9 billion, and would review the possible sale or spin-off of $6 billion in other information technology and services businesses. The Pen
Published 21 Jul, 2015 12:00am
Survey shows growing US shortage of skilled labour

Survey shows growing US shortage of skilled labour

US employers are finding it increasingly difficult to find skilled workers, according to a survey published on Monday, suggesting upward pressure on wage growth down the road. The National Association for Business Economics' latest business conditions sur
Published 21 Jul, 2015 12:00am
Slovenia, Croatia extend atomic plant's lifespan by 20 years

Slovenia, Croatia extend atomic plant's lifespan by 20 years

Slovenia and Croatia agreed on Monday to extend the lifespan of a jointly-owned nuclear plant until 2043, overriding calls from green groups to close the facility. "We decided to extend Krsko nuclear plant's lifespan because it has good operational securi
Published 21 Jul, 2015 12:00am
Toshiba bosses blamed for $1.2 billion accounting scandal

Toshiba bosses blamed for $1.2 billion accounting scandal

Toshiba's top executives were involved in "systematically" inflating profits by $1.2 billion over several years, an independent panel said Monday, in a stinging indictment of one of Japan's best-known firms. Current President Hisao Tanaka and his predeces
Published 21 Jul, 2015 12:00am
Morgan Stanley beats estimates

Morgan Stanley beats estimates

Morgan Stanley reported a stronger-than-expected second-quarter profit as its bond and equities trading businesses handily outperformed those of its Wall Street rivals. The results capped a robust quarter for big US banks - Goldman Sachs Group Inc excepte
Published 21 Jul, 2015 12:00am
Morgan Stanley beats estimates

Morgan Stanley beats estimates

Morgan Stanley reported a stronger-than-expected second-quarter profit as its bond and equities trading businesses handily outperformed those of its Wall Street rivals. The results capped a robust quarter for big US banks - Goldman Sachs Group Inc excepte
Published 21 Jul, 2015 12:00am
Germany eyes Iran business but Israel tops differences

Germany eyes Iran business but Israel tops differences

A German delegation led a much anticipated international push for new business in Iran on Monday, but a top official visiting Tehran put Israel at the top of their differences. The remarks by Sigmar Gabriel, Germany's economy minister and Chancellor Angel
Published 21 Jul, 2015 12:00am
PayPal returns to market with $52 billion valuation

PayPal returns to market with $52 billion valuation

PayPal Holdings Inc shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq after more than a decade in eBay Inc's fold, valuing the digital payment processor at about $52 billion. PayPal is a giant in the market it helped cre
Published 21 Jul, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 21 Jul, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 21 Jul, 2015 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 13 to 16, 2015).

Published 21 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 21 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 21 Jul, 2015 12:00am
The Weather

The Weather

The weather report on Monday (July 20, 2015) and the forecast for Tuesday (July 21, 2015).

Published 21 Jul, 2015 12:00am
Altaf says he will go on hunger strike

Altaf says he will go on hunger strike

MQM Leader Altaf Hussain has decided to fast unto death. In a statement he said, "I had promised the nation that I will not bow my head before tyrants. I will give my life, but I will never trade the interests of Mohajirs and all other oppressed and downt
Published 21 Jul, 2015 12:00am
Altaf says he will go on hunger strike

Altaf says he will go on hunger strike

MQM Leader Altaf Hussain has decided to fast unto death. In a statement he said, "I had promised the nation that I will not bow my head before tyrants. I will give my life, but I will never trade the interests of Mohajirs and all other oppressed and downt
Published 21 Jul, 2015 12:00am
Record heat for globe in June: US scientists

Record heat for globe in June: US scientists

The planet just set another monthly climate record with the hottest June in 135 years, US government scientists said Monday. The first six months of the year also set a record for warmth, according to the monthly report by the National Oceanic and Atmosph
Published 21 Jul, 2015 12:00am
Record heat for globe in June: US scientists

Record heat for globe in June: US scientists

The planet just set another monthly climate record with the hottest June in 135 years, US government scientists said Monday. The first six months of the year also set a record for warmth, according to the monthly report by the National Oceanic and Atmosph
Published 21 Jul, 2015 12:00am
Unprovoked ceasefire violations by India: Pakistan expresses concern

Unprovoked ceasefire violations by India: Pakistan expresses concern

Pakistan has expressed deep concern on the continued unprovoked ceasefire violations by Indian troops at Line of Control (LoC) and Working Boundary, terming it against the sprit of understanding reached between the prime ministers of both the countries in
Published 21 Jul, 2015 12:00am
Unprovoked ceasefire violations by India: Pakistan expresses concern

Unprovoked ceasefire violations by India: Pakistan expresses concern

Pakistan has expressed deep concern on the continued unprovoked ceasefire violations by Indian troops at Line of Control (LoC) and Working Boundary, terming it against the sprit of understanding reached between the prime ministers of both the countries in
Published 21 Jul, 2015 12:00am
Finding terror financing main focus now: CoAS

Finding terror financing main focus now: CoAS

Army Chief General Raheel Sharif has said that apart from fighting terror, our equal focus will now remain on finding terror financing, choking all their sources and apprehending all financiers, abettors and sympathisers. Talking to troops during his visi
Published 21 Jul, 2015 12:00am
Finding terror financing main focus now: CoAS

Finding terror financing main focus now: CoAS

Army Chief General Raheel Sharif has said that apart from fighting terror, our equal focus will now remain on finding terror financing, choking all their sources and apprehending all financiers, abettors and sympathisers. Talking to troops during his visi
Published 21 Jul, 2015 12:00am
US 'friendly fire' kills up to 10 Afghan soldiers

US 'friendly fire' kills up to 10 Afghan soldiers

A US airstrike killed up to 10 Afghan soldiers Monday at an army checkpoint in a Taliban-infested province south of Kabul, one of the deadliest episodes of "friendly fire" from foreign forces in recent years. The early morning raid in Baraki Barak distric
Published 21 Jul, 2015 12:00am
US 'friendly fire' kills up to 10 Afghan soldiers

US 'friendly fire' kills up to 10 Afghan soldiers

A US airstrike killed up to 10 Afghan soldiers Monday at an army checkpoint in a Taliban-infested province south of Kabul, one of the deadliest episodes of "friendly fire" from foreign forces in recent years. The early morning raid in Baraki Barak distric
Published 21 Jul, 2015 12:00am
Banks reopen, taxes rise as Greece pays billions to creditors

Banks reopen, taxes rise as Greece pays billions to creditors

Greece's government hiked taxes and paid billions of euros to its creditors on Monday, as banks reopened just days after the debt-laden country reached a reforms-for-cash deal with its European partners. Greeks woke up to widespread tax rises - on everyth
Published 21 Jul, 2015 12:00am
Banks reopen, taxes rise as Greece pays billions to creditors

Banks reopen, taxes rise as Greece pays billions to creditors

Greece's government hiked taxes and paid billions of euros to its creditors on Monday, as banks reopened just days after the debt-laden country reached a reforms-for-cash deal with its European partners. Greeks woke up to widespread tax rises - on everyth
Published 21 Jul, 2015 12:00am
Banks reopen, taxes rise as Greece pays billions to creditors

Banks reopen, taxes rise as Greece pays billions to creditors

Greece''s government hiked taxes and paid billions of euros to its creditors on Monday, as banks reopened just days after the debt-laden country reached a reforms-for-cash deal with its European partners. Greeks woke up to widespread tax rises - on everyt
Published 21 Jul, 2015 12:00am
Suicide bomber kills 31 in Turkey attack blamed on IS

Suicide bomber kills 31 in Turkey attack blamed on IS

A suspected Islamic State suicide bomber killed at least 31 people Monday in an attack on a Turkish cultural centre where activists had gathered to prepare for an aid mission in the nearby Syrian town of Kobane. The blast ripped through the centre in Suru
Published 21 Jul, 2015 12:00am
Suicide bomber kills 31 in Turkey attack blamed on IS

Suicide bomber kills 31 in Turkey attack blamed on IS

A suspected Islamic State suicide bomber killed at least 31 people Monday in an attack on a Turkish cultural centre where activists had gathered to prepare for an aid mission in the nearby Syrian town of Kobane. The blast ripped through the centre in Suru
Published 21 Jul, 2015 12:00am
Index attains fresh peak
Mutual Funds

Index attains fresh peak

The Karachi share market witnessed a bullish trend during the last week that ended on July 16, 2015 on expectations of better corporate results, to be announced after Eid holidays. The benchmark KSE-100 index gained some 775 points (WoW) to reach all-time
Published 21 Jul, 2015 12:00am
Index attains fresh peak
Mutual Funds

Index attains fresh peak

The Karachi share market witnessed a bullish trend during the last week that ended on July 16, 2015 on expectations of better corporate results, to be announced after Eid holidays. The benchmark KSE-100 index gained some 775 points (WoW) to reach all-time
Published 21 Jul, 2015 12:00am
Index attains fresh peak
Mutual Funds

Index attains fresh peak

The Karachi share market witnessed a bullish trend during the last week that ended on July 16, 2015 on expectations of better corporate results, to be announced after Eid holidays. The benchmark KSE-100 index gained some 775 points (WoW) to reach all-time
Published 21 Jul, 2015 12:00am
Futures spread down 459 basis points

Futures spread down 459 basis points

The futures spread decreased by 459 basis points (WoW) to reach 8.23 percent during the outgoing week ended July 16, 2015. Trading activity on the futures counter also witnessed a downward trend and the average daily volume declined by 15.2 percent to 26.
Published 21 Jul, 2015 12:00am
Futures spread down 459 basis points

Futures spread down 459 basis points

The futures spread decreased by 459 basis points (WoW) to reach 8.23 percent during the outgoing week ended July 16, 2015. Trading activity on the futures counter also witnessed a downward trend and the average daily volume declined by 15.2 percent to 26.
Published 21 Jul, 2015 12:00am
UN endorses Iran deal, paves way to lift sanctions

UN endorses Iran deal, paves way to lift sanctions

The UN Security Council on Monday unanimously adopted a resolution endorsing the historic deal on Iran's nuclear program and cleared a path to lift sanctions crippling its economy. It marks formal UN approval for the hard-won, groundbreaking agreement rea
Published 21 Jul, 2015 12:00am
UN endorses Iran deal, paves way to lift sanctions

UN endorses Iran deal, paves way to lift sanctions

The UN Security Council on Monday unanimously adopted a resolution endorsing the historic deal on Iran's nuclear program and cleared a path to lift sanctions crippling its economy. It marks formal UN approval for the hard-won, groundbreaking agreement rea
Published 21 Jul, 2015 12:00am
Iran deal to benefit neighbours: Rouhani tells Mamnoon

Iran deal to benefit neighbours: Rouhani tells Mamnoon

Iranian President Hassan Rouhani, in a phone conversation with his Pakistani counterpart Mamnoon Hussain, has voiced Tehran's support for enhanced relations with Islamabad in all areas. Congratulating the Pakistani president on Eidul Fitr, the first day a
Published 21 Jul, 2015 12:00am
Iran deal to benefit neighbours: Rouhani tells Mamnoon

Iran deal to benefit neighbours: Rouhani tells Mamnoon

Iranian President Hassan Rouhani, in a phone conversation with his Pakistani counterpart Mamnoon Hussain, has voiced Tehran's support for enhanced relations with Islamabad in all areas. Congratulating the Pakistani president on Eidul Fitr, the first day a
Published 21 Jul, 2015 12:00am
Gulf bloc protests 'contradictory' signals from Iran

Gulf bloc protests 'contradictory' signals from Iran

The six-nation Gulf Co-operation Council on Monday protested at what it termed "contradictory" signals coming from Iran since its nuclear accord struck with world powers last week. GCC chief Abdellatif Zayani said Iranian President Hassan Rouhani was offe
Published 21 Jul, 2015 12:00am
Gulf bloc protests 'contradictory' signals from Iran

Gulf bloc protests 'contradictory' signals from Iran

The six-nation Gulf Co-operation Council on Monday protested at what it termed "contradictory" signals coming from Iran since its nuclear accord struck with world powers last week. GCC chief Abdellatif Zayani said Iranian President Hassan Rouhani was offe
Published 21 Jul, 2015 12:00am
Cuban flag flies in Washington as US, Havana renew ties

Cuban flag flies in Washington as US, Havana renew ties

The Cuban flag proudly flew over Havana's newly restored embassy in Washington Monday for the first time in 54 years as the two nations relaunched diplomatic ties, turning the page on decades of hostility. In a historic ceremony attended by Cuban Foreign
Published 21 Jul, 2015 12:00am
Cuban flag flies in Washington as US, Havana renew ties

Cuban flag flies in Washington as US, Havana renew ties

The Cuban flag proudly flew over Havana's newly restored embassy in Washington Monday for the first time in 54 years as the two nations relaunched diplomatic ties, turning the page on decades of hostility. In a historic ceremony attended by Cuban Foreign
Published 21 Jul, 2015 12:00am
Heavy rains, floods damage bridges, roads in Chitral

Heavy rains, floods damage bridges, roads in Chitral

Flash floods played havoc in different parts of the far-flung district Chitral of Khyber Pakhtunkhwa, causing extensive damages to infrastructure houses, mosques, bridges, roads, irrigation and water channels. The communication infrastructure has also bee
Published 21 Jul, 2015 12:00am
Heavy rains, floods damage bridges, roads in Chitral

Heavy rains, floods damage bridges, roads in Chitral

Flash floods played havoc in different parts of the far-flung district Chitral of Khyber Pakhtunkhwa, causing extensive damages to infrastructure houses, mosques, bridges, roads, irrigation and water channels. The communication infrastructure has also bee
Published 21 Jul, 2015 12:00am
Several villages inundated by floods in Punjab

Several villages inundated by floods in Punjab

According to Flood Warning Division Lahore, River Indus is in medium flood at Chashma and Kalabagh and in low flood at Terbella and Taunsa. Similarly, River Chenab is in low flood at Balloki and Marala and low flood at Khanki, Qadirabad and Tarimon barrag
Published 21 Jul, 2015 12:00am
Several villages inundated by floods in Punjab

Several villages inundated by floods in Punjab

According to Flood Warning Division Lahore, River Indus is in medium flood at Chashma and Kalabagh and in low flood at Terbella and Taunsa. Similarly, River Chenab is in low flood at Balloki and Marala and low flood at Khanki, Qadirabad and Tarimon barrag
Published 21 Jul, 2015 12:00am
SSGC, SNGPL seek 45 percent increase in gas price

SSGC, SNGPL seek 45 percent increase in gas price

Sui Northern Gas Pipelines Limited (SNGPL) and Sui-Southern Gas Company (SSGC) have requested the government to approve increase in gas prices by at least 45 percent, saying that as a result of consumer gas price freeze the distribution companies' debt ha
Published 21 Jul, 2015 12:00am
SSGC, SNGPL seek 45 percent increase in gas price

SSGC, SNGPL seek 45 percent increase in gas price

Sui Northern Gas Pipelines Limited (SNGPL) and Sui-Southern Gas Company (SSGC) have requested the government to approve increase in gas prices by at least 45 percent, saying that as a result of consumer gas price freeze the distribution companies' debt ha
Published 21 Jul, 2015 12:00am
SSGC, SNGPL seek 45 percent increase in gas price

SSGC, SNGPL seek 45 percent increase in gas price

Sui Northern Gas Pipelines Limited (SNGPL) and Sui-Southern Gas Company (SSGC) have requested the government to approve increase in gas prices by at least 45 percent, saying that as a result of consumer gas price freeze the distribution companies'' debt h
Published 21 Jul, 2015 12:00am
US sets capital surcharges for largest 8 banks

US sets capital surcharges for largest 8 banks

The US Federal Reserve set Monday tough new capital surcharges for the country's eight largest banks in a new post-economic crisis effort to reel in "too-big-to-fail" institutions. But of the eight, only one is currently below the new capital threshold: J
Published 21 Jul, 2015 12:00am
US sets capital surcharges for largest 8 banks

US sets capital surcharges for largest 8 banks

The US Federal Reserve set Monday tough new capital surcharges for the country's eight largest banks in a new post-economic crisis effort to reel in "too-big-to-fail" institutions. But of the eight, only one is currently below the new capital threshold: J
Published 21 Jul, 2015 12:00am
US sets capital surcharges for largest 8 banks

US sets capital surcharges for largest 8 banks

The US Federal Reserve set Monday tough new capital surcharges for the country''s eight largest banks in a new post-economic crisis effort to reel in "too-big-to-fail" institutions. But of the eight, only one is currently below the new capital threshold:
Published 21 Jul, 2015 12:00am