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Print - 2015-09-01
KP IGP commends performance of police forces of Swabi, Abbottabad

KP IGP commends performance of police forces of Swabi, Abbottabad

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani Monday distributed cash prizes and commendation certificates amongst Swabi and Abbottabad police on tracing and arresting the accused involved in blind double murder and kidnappin
Published 01 Sep, 2015 12:00am
Hand grenades hurled at private university

Hand grenades hurled at private university

Unidentified men on Monday evening lobbed two hand grenades at a private university near Pehlwan Goth area, which prompted the law enforcement agencies to beef up security of nearby Quaid-e-Azam International Airport. Following the incident, heavy conting
Published 01 Sep, 2015 12:00am
Provisional figures: Rs 324 billion revenue collected in two months

Provisional figures: Rs 324 billion revenue collected in two months

The Federal Board of Revenue (FBR) has provisionally collected Rs 324 billion during first two months of 2015-16 against Rs 312.861 billion, reflecting an increase of Rs 11.139 billion. According to the provisional revenue collection figures compiled here
Published 01 Sep, 2015 12:00am
Provisional figures: Rs 324 billion revenue collected in two months

Provisional figures: Rs 324 billion revenue collected in two months

The Federal Board of Revenue (FBR) has provisionally collected Rs 324 billion during first two months of 2015-16 against Rs 312.861 billion, reflecting an increase of Rs 11.139 billion. According to the provisional revenue collection figures compiled here
Published 01 Sep, 2015 12:00am
Provisional figures: Rs 324 billion revenue collected in two months

Provisional figures: Rs 324 billion revenue collected in two months

The Federal Board of Revenue (FBR) has provisionally collected Rs 324 billion during first two months of 2015-16 against Rs 312.861 billion, reflecting an increase of Rs 11.139 billion. According to the provisional revenue collection figures compiled here
Published 01 Sep, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 31, 2015).

Published 01 Sep, 2015 12:00am
Taliban say Omar's death covered up to wait out Nato drawdown

Taliban say Omar's death covered up to wait out Nato drawdown

The Taliban Monday admitted covering up the death of long-time leader Mullah Omar for two years, saying they had wanted to keep it secret until foreign forces ended their fight against the militants. The group confirmed in July that Omar had died but did
Published 01 Sep, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 Sep, 2015 12:00am
Taliban say Omar's death covered up to wait out Nato drawdown

Taliban say Omar's death covered up to wait out Nato drawdown

The Taliban Monday admitted covering up the death of long-time leader Mullah Omar for two years, saying they had wanted to keep it secret until foreign forces ended their fight against the militants. The group confirmed in July that Omar had died but did
Published 01 Sep, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 Sep, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (August 31, 2015).

Published 01 Sep, 2015 12:00am
The Weather

The Weather

The weather report on Monday (August 31, 2015) and the forecast for Tuesday (September 01, 2015).

Published 01 Sep, 2015 12:00am
NA-122, NA-154: ECP announces schedule

NA-122, NA-154: ECP announces schedule

By-elections in NA-122 Lahore and NA-154 Lodhran will be held on 11th of October this year. The Election Commission of Pakistan (ECP) announced the schedule of both constituencies on Monday. Nomination papers will be received on 10th and 11th of September
Published 01 Sep, 2015 12:00am
NA-122, NA-154: ECP announces schedule

NA-122, NA-154: ECP announces schedule

By-elections in NA-122 Lahore and NA-154 Lodhran will be held on 11th of October this year. The Election Commission of Pakistan (ECP) announced the schedule of both constituencies on Monday. Nomination papers will be received on 10th and 11th of September
Published 01 Sep, 2015 12:00am
Australia slashes duty on textile products by half
Cotton

Australia slashes duty on textile products by half

Australia has slashed duty on Pakistani products mainly textile products by 50 per cent - from 10 percent to five percent - in response to concerted efforts of incumbent government especially the Commerce Ministry. This was disclosed by Commerce Minister
Published 01 Sep, 2015 12:00am
Australia slashes duty on textile products by half
Cotton

Australia slashes duty on textile products by half

Australia has slashed duty on Pakistani products mainly textile products by 50 per cent - from 10 percent to five percent - in response to concerted efforts of incumbent government especially the Commerce Ministry. This was disclosed by Commerce Minister
Published 01 Sep, 2015 12:00am
Australia slashes duty on textile products by half
Cotton

Australia slashes duty on textile products by half

Australia has slashed duty on Pakistani products mainly textile products by 50 per cent - from 10 percent to five percent - in response to concerted efforts of incumbent government especially the Commerce Ministry. This was disclosed by Commerce Minister
Published 01 Sep, 2015 12:00am
Resignation demand: ECP members to wait for SJC verdict

Resignation demand: ECP members to wait for SJC verdict

Election Commission of Pakistan (ECP) Members have deferred their decisions to quit commission till a final decision by the Supreme Judicial Council in this regard. According to ECP, an informal meeting of the ECP was held with Chief Election Commissioner
Published 01 Sep, 2015 12:00am
Resignation demand: ECP members to wait for SJC verdict

Resignation demand: ECP members to wait for SJC verdict

Election Commission of Pakistan (ECP) Members have deferred their decisions to quit commission till a final decision by the Supreme Judicial Council in this regard. According to ECP, an informal meeting of the ECP was held with Chief Election Commissioner
Published 01 Sep, 2015 12:00am
French wheat crop to hit record 40.4 million tonnes

French wheat crop to hit record 40.4 million tonnes

France should produce a record 40.4 million tonnes of soft wheat this year after harvesting in the European Union's largest grain grower showed little impact from this summer's dry, hot weather, farm office FranceAgriMer said on Friday. The estimate was a
Published 01 Sep, 2015 12:00am
Gold falls in Europe

Gold falls in Europe

Gold fell on Monday extending last week's slide as indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil, offset a retreat in the dollar. Spot gold fell 0.4 percent to $1,129.01 an ounce by 1348 GMT, while
Published 01 Sep, 2015 12:00am
Gold struggles in Asia

Gold struggles in Asia

Gold struggled on Monday to recover from last week's losses, even in the face of a softer dollar, amid concern that the Federal Reserve is on course to raise interest rates this year despite recent market turmoil. But bullion is still on track to end Augu
Published 01 Sep, 2015 12:00am
Raw sugar sinks on chart-based sell signals, arabica firms
Currency

Raw sugar sinks on chart-based sell signals, arabica firms

Raw sugar futures on ICE fell more than 3 percent on Monday, on chart-based selling and pressure from a weakening currency in top grower Brazil, closing lower for the second straight month. Arabica coffee futures were firm after trading in a wide 5-cent r
Published 01 Sep, 2015 12:00am
Strong Black Sea wheat exports seen as weather boosts crops

Strong Black Sea wheat exports seen as weather boosts crops

Black Sea wheat producers are poised for strong exports this marketing year as recent good weather has boosted crop volumes, although Ukraine has suffered some quality issues, traders and analysts said. Russia, Ukraine and Kazakhstan, which export via the
Published 01 Sep, 2015 12:00am
Rubber drops

Rubber drops

Benchmark Tokyo rubber futures dropped on Monday as a sharp fall in Chinese stock markets in early afternoon trade sparked concerns about the economic outlook of the world's top buyer, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for
Published 01 Sep, 2015 12:00am
Shanghai copper eyes monthly rise, but China jitters linger

Shanghai copper eyes monthly rise, but China jitters linger

Shanghai copper slipped on Monday on lingering worries over China's economy ahead of fresh factory data later in the week, but was set for a small monthly gain as a lull in demand over the summer petered out. The relative health of domestic Chinese prices
Published 01 Sep, 2015 12:00am
Serbian drought to cut corn yields

Serbian drought to cut corn yields

Weeks of drought may cut Serbia's corn (maize) yields by around a quarter, the head of the national association of producers and exporters said on Thursday, with losses potentially driving up food prices later in the year. A scorching summer has hit crops
Published 01 Sep, 2015 12:00am
Argentina flood-hit farmers get tax breaks

Argentina flood-hit farmers get tax breaks

Argentina will give $4.3 million in tax breaks to flood-hit farmers after August rains washed out wheat fields in the bread basket province of Buenos Aires, Economy Minister Axel Kicillof said on Monday as meteorologists forecast better weather ahead. The
Published 01 Sep, 2015 12:00am
Don't punish the investor

Don't punish the investor

Why do the investors shy away from investing in Pakistan? There can be a host of reasons. Multinationals do not want this country to be a source of output for products they market world-wide because of political and regional instability as their global su
Published 01 Sep, 2015 12:00am
India 'crossing all limits'

India 'crossing all limits'

Indian provocations along the Line of Control (LoC) and the Working Boundary (WB) continue to claim innocent lives. In the latest round of shelling by the Indian Border Security Force (BSF) across the WB on Friday at least eight people were killed and ano
Published 01 Sep, 2015 12:00am
The ignored imperatives

The ignored imperatives

After the Soviet Union's withdrawal from Afghanistan and shift of America's focus from Afghanistan to decimating the Soviet Union (with no concern for rebuilding Afghanistan's infrastructure shattered by America's proxy war against the Soviet Union)the Ta
Published 01 Sep, 2015 12:00am
Every number tells a story

Every number tells a story

The release this past April of the World Bank's 2014 Findex report was a major wake-up call for Pakistan. Less than 10 percent of Pakistani adults have an account at a financial institution, and Findex finds that the percentage of "unbanked" Pakistanis ha
Published 01 Sep, 2015 12:00am
Polish city Walbrzych agog over 'Nazi gold' in underground tunnel

Polish city Walbrzych agog over 'Nazi gold' in underground tunnel

Questions swirl around a supposed train full of "Nazi gold" found hidden underground in Poland. The Polish government appears convinced, but historians remain deeply sceptical as the local castle cashes in on the surge in tourist interest. Walbrzych (dpa)
Published 01 Sep, 2015 12:00am
Benazir Bhutto murder case: ATC postpones hearing

Benazir Bhutto murder case: ATC postpones hearing

An anti-terrorism court (ATC) on Monday postponed hearing of Benazir Bhutto murder case due to Punjab Bar Council's strike and leave of the judge. Judge Rai Ayub was not present to proceed with the hearing as he is on leave. No counsel showed up for the h
Published 01 Sep, 2015 12:00am
SWA IDPs 12th phase of repatriation begins

SWA IDPs 12th phase of repatriation begins

The 12th phase of repatriation of South Waziristan Agency's (SWA) internally displaced persons (IDPs) began here on Monday. Around 400,000 people had left their native areas to take shelter in safe areas including Tank, D I Khan and Bannu after a military
Published 01 Sep, 2015 12:00am
Five held Islamabad police foil dacoity attempt

Five held Islamabad police foil dacoity attempt

Special Investigation Unit (SIU) of Islamabad police has foiled a dacoity attempt and arrested five dacoits red-handed through prompt action, a police spokesman said. He said that senior police officials assigned the task to SP (Investigation) Muhammad Il
Published 01 Sep, 2015 12:00am
CDWP approves 21 projects

CDWP approves 21 projects

CDWP Meeting approved twenty one projects worth Rs 89,126 million under the chair of Federal Minister for Planning, Development and Reform Ahsan Iqbal in the Planning Commission today. The projects approved are following; Evacuation of Power from 1320 MW
Published 01 Sep, 2015 12:00am
Kickbacks: former media adviser says ready to submit payment schedule

Kickbacks: former media adviser says ready to submit payment schedule

Media Advisor to the then Prime Minister, Syed Yousaf Raza Gilani, Mian Khurram Rasool, pleaded in the Islamabad High Court (IHC) on Monday that he is ready to submit a payment schedule for kickbacks received for allocating LPG quota. A division bench com
Published 01 Sep, 2015 12:00am
NAB has powers to take action against corruption: Rana

NAB has powers to take action against corruption: Rana

Punjab Minister for Law, Rana Sanaullah Khan has said that NAB has the power to take action against corruption while action being taken by rangers against corruption is aimed at to stop funding being provided for terrorism. NAB is taking action against co
Published 01 Sep, 2015 12:00am
Unhygienic conditions: PFA imposes huge fine on famous food outlets

Unhygienic conditions: PFA imposes huge fine on famous food outlets

Punjab Food Authority (PFA) on Monday imposed heavy fine on Mcdonald Restaurant situated on M M Alam Road of the provincial metropolis on the charges of rancid oil and presence of starch in ketchup while another famous food outlet Ajmer Foods (Pvt) Limite
Published 01 Sep, 2015 12:00am
Climate change policy: LHC directs Centre, Punjab to explain progress

Climate change policy: LHC directs Centre, Punjab to explain progress

The Lahore High Court on Monday directed federal and Punjab governments to explain what steps being taken for implementation of National Climate Change Policy 2013, on September 4. The court while putting the hearing of a petition filed by a farmer Asghar
Published 01 Sep, 2015 12:00am
Fuel shortage looming as oil tankers begin strike

Fuel shortage looming as oil tankers begin strike

A shortage of fuel is looming countrywide as the Oil Tankers Association has entered a strike against increase in sales tax by the government. According to chairman of Oil Tankers Owners Association Akram Durrani, the supply of oil from oil refineries and
Published 01 Sep, 2015 12:00am
143 tehsils of Punjab: land record & management system completed

143 tehsils of Punjab: land record & management system completed

Provincial Parliamentary Secretary, Rana Muhammad Arshad Jutt has said that Land Record Management & Information System has been completed and services are being provided to the people in 143 tehsils of the province under this system. He said that Punjab
Published 01 Sep, 2015 12:00am
Bhakar district: secretary health asked to reconstitute recruitment body

Bhakar district: secretary health asked to reconstitute recruitment body

Ombudsman Punjab Javed Mahmood has ordered Secretary Health to reconstitute impartial committee for recruitment of Health department's employees in Bhakar district and annul recommendations of the previous committee. According to detail three candidates h
Published 01 Sep, 2015 12:00am
Services trade posts $90 million surplus in 1MFY16

Services trade posts $90 million surplus in 1MFY16

Pakistan's services trade performed well and posted a $90 million surplus in July 2015 followed by Coalition Support Fund (CSF) inflows. Economists said that surplus services trade account can help in managing the external account in a proper manner with
Published 01 Sep, 2015 12:00am
Five reports presented in Punjab PA

Five reports presented in Punjab PA

The provincial government presented five reports in Punjab Assembly which resumed its session two hours behind its schedule on Monday. These reports pertained to Punjab government's financial statement for the year 2008-2009, audit report on account of dr
Published 01 Sep, 2015 12:00am
Workshop

Workshop

A two-day training workshop on "Zoo animals keeping, zoonoses and bio-safety measures" in collaboration with the National Association for Young Scientists, Pakistan Wildlife Foundation and the American Association for Advances in Science was concluded at
Published 01 Sep, 2015 12:00am
All is set for holding two-day exhibition for 'Women by Women'

All is set for holding two-day exhibition for 'Women by Women'

Sialkot Chamber of Commerce and Industry (SCCI) has finalised necessary arrangement for holding two-day exhibition for "Women by Women" in September, said Chairperson Departmental Committee on Women Entrepreneurs of SCCI Syeda Shabina Gillani. In an inter
Published 01 Sep, 2015 12:00am
Lawyers observe strike in Multan

Lawyers observe strike in Multan

Lawyers of South Punjab on Monday observed the strike and boycotted their professional duties in protest of the murder of former joint secretary Karachi Bar Association Advocate Amir Haider Shah in Karachi last week. Former prime minister Syed Yousuf Raza
Published 01 Sep, 2015 12:00am
Chinese delegates visit PBIT

Chinese delegates visit PBIT

A delegation from the Chinese Jihua Group led by Nabila Intisar, Director and Chief Executive Waleed Tech (Pvt) Ltd, visited the Punjab Board of Investment and Trade (PBIT) on Monday and held talks. Other delegates included Mark Yen (Application Engineer)
Published 01 Sep, 2015 12:00am
PRGMEA, E-commerce Gateway sign MoU

PRGMEA, E-commerce Gateway sign MoU

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and the Ecommerce Gateway Pakistan have signed a memorandum of understanding to jointly hold the Asia Exhibition for the next five consecutive years in Lahore. The 14th Inter
Published 01 Sep, 2015 12:00am
Kyrgyz diplomat for building strong trade ties with Pakistan

Kyrgyz diplomat for building strong trade ties with Pakistan

Kyrgyz Charge d' Affaires Sagynbek Ibraev said his country is willing to build strong trade and economic relations with Pakistan and ready to sign accords in the textile and pharmaceutical sectors. In his speech at the Lahore Chamber of Commerce and Indus
Published 01 Sep, 2015 12:00am
PEF will benefit from PITB expertise

PEF will benefit from PITB expertise

The Punjab Education Foundation (PEF) will benefit from technological expertise of the Punjab Information Technology Board (PITB) to further develop and strengthen its system and to improve organisational efficiency for meeting targets aiming at enrolling
Published 01 Sep, 2015 12:00am
Shujaat-Khosa meeting boosts efforts towards uniting PML factions

Shujaat-Khosa meeting boosts efforts towards uniting PML factions

Pakistan Muslim League-Q President Chaudhry Shujaat Hussain has boosted his efforts in a bid to unite different factions of Muslim Leagues and also form a grand alliance against the present government. In this regard, Shujaat held a meeting with former Pu
Published 01 Sep, 2015 12:00am
PU declares B.Com Part II results

PU declares B.Com Part II results

Punjab University Examinations Department has declared the results of Bachelor of Commerce (B.Com) Part-II annual examinations 2015.According to details candidates appeared in B.Com Part-II 32703 and pass percentage is 46.99. Boys appeared 18,109 and girl
Published 01 Sep, 2015 12:00am
Uplift of farmers top priority: Shahbaz

Uplift of farmers top priority: Shahbaz

The Punjab chief minister has claimed that the uplift of farmers, protection of their interests and development of the agriculture sector is his government's priority and that interests of cultivators will be safeguarded at any cost. Shahbaz Sharif's clai
Published 01 Sep, 2015 12:00am
LCCI concerned over ACAA-PIFFA strike call

LCCI concerned over ACAA-PIFFA strike call

The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to tackle problems following grave concerns over a general strike call by the Air Cargo Agents Association (ACCA) and the Pakistan International Freight Forwarders Association (PI
Published 01 Sep, 2015 12:00am
PAT's survey: MoF's response
Cotton

PAT's survey: MoF's response

According to Business Recorder of 28th August, 2015, the media cell of the Pakistan Awami Tehreek held a nation-wide survey on the topic "Is the economy of Pakistan improving"? Around 25,000 people in Pakistan and abroad took part in the week-long
Published 01 Sep, 2015 12:00am
Silkbank declares half-yearly results

Silkbank declares half-yearly results

The Board of Directors of Silkbank Limited, in their meeting held on August 28, 2015, announced the half-yearly results ended June 30, 2015. Silkbank's total asset base grew by an impressive 16 billion over the period, which reflects the operational stren
Published 01 Sep, 2015 12:00am
Silkbank declares half-yearly results

Silkbank declares half-yearly results

The Board of Directors of Silkbank Limited, in their meeting held on August 28, 2015, announced the half-yearly results ended June 30, 2015. Silkbank's total asset base grew by an impressive 16 billion over the period, which reflects the operational stren
Published 01 Sep, 2015 12:00am
KATI condemns shelling by Indian forces

KATI condemns shelling by Indian forces

President Korangi Association of Trade and Industry (KATI), Rashid Ahmed Siddiqui has condemned shelling by Indian troops at Pakistani borders. He said in a statement that business community always wishes peace in the region but any aggression on motherla
Published 01 Sep, 2015 12:00am
Gilani, Amin cases: Hearing adjourned till September 30

Gilani, Amin cases: Hearing adjourned till September 30

The Federal Anti-Corruption Court on Monday adjourned the hearing of former prime minister Syed Yousuf Raza Gilani and Pakistan Peoples' Party leader Makhdoom Amin Fahim corruption case till September 30. The hearing of case had to be postponed due to the
Published 01 Sep, 2015 12:00am
UN rejects Japan's complaint over Ban's China visit

UN rejects Japan's complaint over Ban's China visit

The United Nations on Monday brushed aside Japanese complaints over Secretary-General Ban Ki-moon's plan to attend a military parade in Beijing, saying the World War II commemoration was an opportunity to reflect on the past. Japan complained that the Uni
Published 01 Sep, 2015 12:00am
Atlas Battery Limited (ATBA)

Atlas Battery Limited (ATBA)

Atlas Battery Limited is a leading battery manufacturer in Pakistan. It manufactures a wide range of products under the popular brand name - AGS. The company is part of the Atlas Group, created in 1962 by Yusuf H. Shirazi. The conglomerate has a number of
Published 01 Sep, 2015 12:00am
Atlas Battery Limited (ATBA)

Atlas Battery Limited (ATBA)

Atlas Battery Limited is a leading battery manufacturer in Pakistan. It manufactures a wide range of products under the popular brand name - AGS. The company is part of the Atlas Group, created in 1962 by Yusuf H. Shirazi. The conglomerate has a number of
Published 01 Sep, 2015 12:00am
Dar reviews proposal on establishment of 'PMIC'

Dar reviews proposal on establishment of 'PMIC'

Finance Minister Ishaq Dar Monday chaired a meeting at the Finance Division to review the proposal for the establishment of Pakistan Microfinance Investment Company. Secretary Finance Dr Waqar Masood Khan briefed the minister about the proposal. He said t
Published 01 Sep, 2015 12:00am
Member Peace body killed in Bajaur blast

Member Peace body killed in Bajaur blast

A member of local Peace Committee was killed and three others including a minor girl sustained injuries in a roadside bomb blast in Kosar area of tehsil Khar in Bajaur Agency on Monday. Political officials said member of peace committee Abdul Qadar Khan w
Published 01 Sep, 2015 12:00am
KP CM for joint drive against encroachments, spurious drugs

KP CM for joint drive against encroachments, spurious drugs

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has asked the district and municipal administration and the traders of Kohat to ensure mutual co-operation for making the drives against encroachments, spurious drugs and adulterated and substandard food it
Published 01 Sep, 2015 12:00am
PTI Senator deplores unprovoked Indian firing

PTI Senator deplores unprovoked Indian firing

Pakistan Tehreek-e-Insaf leader, Senator Mohsin Aziz has strongly deplored the unprovoked firing and shelling by Indian border security forces (BSF) near the Line of Control (LoC), which violated cease-fire at the working boundary. What, he termed it was
Published 01 Sep, 2015 12:00am
Protest rally against India held

Protest rally against India held

Women's Parliamentary Caucus here on Monday led a protest rally against unprovoked Indian shelling on Line of Control (LoC) and Working Boundary. The protesters marched from the press club to Amaldar Chowk and raised slogans. The disgusted protesters said
Published 01 Sep, 2015 12:00am
Pakistan delegation arrives: Global parliamentary summit opens at UN

Pakistan delegation arrives: Global parliamentary summit opens at UN

Speakers of Parliament from around the world begin a four-day conference at UN Headquarters in New York later on Monday to examine ways to effectively tackle global challenges to peace and democracy. About 180 parliamentary leaders, including more than 35
Published 01 Sep, 2015 12:00am
Five terrorists held in Hangu

Five terrorists held in Hangu

Five terrorists were arrested by the security forces in Doaba area of Hangu during search operation here on Monday. According to security sources, the operation was launched on intelligence information and arms were also recovered from the terrorists. The
Published 01 Sep, 2015 12:00am
Turkish court arrests British journalists on 'IS terror' charges

Turkish court arrests British journalists on 'IS terror' charges

A court in Turkey's Kurdish-dominated south-east on Monday remanded in custody two British journalists working for US-based media outlet Vice News on terror charges, in a case that has sparked fresh concern about press freedom. The two British reporters a
Published 01 Sep, 2015 12:00am
British scientists develop slow-melting ice cream

British scientists develop slow-melting ice cream

The summer scourge of sticky hands could become a thing of the past as British researchers announced the discovery of an ingredient to make slow-melting ice cream on Monday. The protein BslA, which occurs naturally in some food, helps to blend the compone
Published 01 Sep, 2015 12:00am
Horror film king Wes Craven dies

Horror film king Wes Craven dies

Horror film master Wes Craven, who redefined the genre in the 1980s with "A Nightmare on Elm Street" and again in the 1990s with "Scream," has died after a battle with brain cancer. He was 76. Craven died on Sunday at his home in Los Angeles, "surrounded
Published 01 Sep, 2015 12:00am
Anti-charter protestor shot dead by Nepal police

Anti-charter protestor shot dead by Nepal police

Nepal police fired into a crowd of demonstrators on Monday, killing one person as fresh protests erupted in the country's southern plains over a new draft constitution. The incident in Parsa district, 95 kilometres (60 miles) south of Kathmandu, came a we
Published 01 Sep, 2015 12:00am
India's top court suspends ban on Jains fasting to death

India's top court suspends ban on Jains fasting to death

India's Jain community scored a legal victory Monday when the Supreme Court temporarily lifted a ban on the traditional ritual of Santhara, or fasting to death. Thousands of Jains protested across India last week after a court in the western state of Raja
Published 01 Sep, 2015 12:00am
Boko Haram killers on horseback massacre nearly 80 in Nigeria

Boko Haram killers on horseback massacre nearly 80 in Nigeria

Suspected Boko Haram gunmen on horseback shot dead nearly 80 people in attacks on three villages in Nigeria's restive north-east at the weekend, a vigilante and residents told AFP on Monday. The attacks were the latest bloodbath in the six-year-old insurg
Published 01 Sep, 2015 12:00am
Migrant trains reach Vienna, EU asylum rules under strain

Migrant trains reach Vienna, EU asylum rules under strain

Trains carrying hundreds of migrants started arriving in Vienna on Monday after Austrian authorities appeared to give up trying to apply European Union rules by filtering out refugees who had already claimed asylum in Hungary. In the latest twist in a hum
Published 01 Sep, 2015 12:00am
US court backs Argentina in asset seizure appeal

US court backs Argentina in asset seizure appeal

A US appeals court supported Argentina's appeal Monday against an earlier ruling that could have permitted a group of creditors to seize assets of Argentina's central bank. The US Court of Appeals in Manhattan said the September 2013 ruling by lower court
Published 01 Sep, 2015 12:00am
Malaysian Prime Minister reasserts command with National Day parade

Malaysian Prime Minister reasserts command with National Day parade

Malaysia's government reclaimed the streets of the capital Monday after massive weekend protests demanding the premier's ouster, staging its own show of force with National Day celebrations attended by thousands. With Prime Minister Najib Razak presiding,
Published 01 Sep, 2015 12:00am
South Africa's rand slips
Currency

South Africa's rand slips

South Africa's rand traded weaker against the dollar early on Monday after the Federal Reserve's vice chairman suggested over the weekend that the United States may raise rates in September. At 0630 GMT the rand eased 0.14 percent to 13.3275 per dollar, e
Published 01 Sep, 2015 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee closed lower for a second straight session on Monday as a state-run bank, through which the central bank usually directs the market, raised the currency's peg against the dollar ahead of a monetary policy meeting. The Central Bank of
Published 01 Sep, 2015 12:00am
Aussie, New Zealand dollar hindered by rate views

Aussie, New Zealand dollar hindered by rate views

The Australian and New Zealand dollars fell on Monday weighed down by a diverging interest rate outlook compared with the United States and concerns about the health of China's economy. The Australian dollar was down at $0.7135, from $0.7175 in New York o
Published 01 Sep, 2015 12:00am
Rouble retreats

Rouble retreats

The Russian rouble retreated on Monday as oil fell back below $50 per barrel and a cautious mood reigned on global markets after a rally in oil and stocks at the end of last week. At 0745 GMT, the rouble was 2 percent weaker against the dollar at 66.69 an
Published 01 Sep, 2015 12:00am
Gandhi and Mandela have future test series named after them

Gandhi and Mandela have future test series named after them

Australia and England might have the Ashes but India and South Africa have evoked the memory of two iconic historical figures to name future cricket series between the two countries. Starting in November, the test series between the countries will be know
Published 01 Sep, 2015 12:00am