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Print - 2015-10-15
APTMA terms 'black day' protest a complete success
Currency

APTMA terms 'black day' protest a complete success

All Pakistan Textile Mills Association, observing a 'black day' on Wednesday, has called it a complete success. The textile industry has been critical of high business costs and unchecked entry of subsidised Indian goods including yarn, fabric and garment
Published 15 Oct, 2015 12:00am
India named top investment destination in business poll

India named top investment destination in business poll

India has been named the most attractive country for investment in a survey of more than 500 global investors published by accounting firm EY (Ernst & Young) on Wednesday. Thirty-two percent of the 505 executives questioned said India was their favoured m
Published 15 Oct, 2015 12:00am
India named top investment destination in business poll

India named top investment destination in business poll

India has been named the most attractive country for investment in a survey of more than 500 global investors published by accounting firm EY (Ernst & Young) on Wednesday. Thirty-two percent of the 505 executives questioned said India was their favoured m
Published 15 Oct, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 15 Oct, 2015 12:00am
India named top investment destination in business poll

India named top investment destination in business poll

India has been named the most attractive country for investment in a survey of more than 500 global investors published by accounting firm EY (Ernst & Young) on Wednesday. Thirty-two percent of the 505 executives questioned said India was their favoured m
Published 15 Oct, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Oct, 2015 12:00am
Stocks stay depressed

Stocks stay depressed

Sentiment at the Karachi Stock Exchange remained negative Wednesday and the benchmark KSE-100 index lost another 57 points to close at 33,975 points down from 34,032 points Tuesday. Commenting on the market situation, Mohammad Rizwan Vice President Toplin
Published 15 Oct, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Oct, 2015 12:00am
Stocks stay depressed

Stocks stay depressed

Sentiment at the Karachi Stock Exchange remained negative Wednesday and the benchmark KSE-100 index lost another 57 points to close at 33,975 points down from 34,032 points Tuesday. Commenting on the market situation, Mohammad Rizwan Vice President Toplin
Published 15 Oct, 2015 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 15 Oct, 2015 12:00am
Stocks stay depressed

Stocks stay depressed

Sentiment at the Karachi Stock Exchange remained negative Wednesday and the benchmark KSE-100 index lost another 57 points to close at 33,975 points down from 34,032 points Tuesday. Commenting on the market situation, Mohammad Rizwan Vice President Toplin
Published 15 Oct, 2015 12:00am
BRIndex30 dips 6.55 points

BRIndex30 dips 6.55 points

On Wednesday, BRIndex30 remained positive for most of the trading time except in the last few minutes when it dipped below the line closing at 20,781.25 points with net change of -6.55 points. Total turnover was 90,627,500, which was lower than Tuesday's
Published 15 Oct, 2015 12:00am
BRIndex30 dips 6.55 points

BRIndex30 dips 6.55 points

On Wednesday, BRIndex30 remained positive for most of the trading time except in the last few minutes when it dipped below the line closing at 20,781.25 points with net change of -6.55 points. Total turnover was 90,627,500, which was lower than Tuesday's
Published 15 Oct, 2015 12:00am
Seven killed in PML-N MNA's camp office blast

Seven killed in PML-N MNA's camp office blast

A large explosion ripped through a "Dera" belonging to Pakistan Muslim League-Nawaz (PML-N) MNA Amjad Farooq Khosa at Taunsa Sharif in Dera Ghazi Khan district on Wednesday, killing at least seven people and injuring eight others, Arshad Khan, SHO, Taunsa
Published 15 Oct, 2015 12:00am
Seven killed in PML-N MNA's camp office blast

Seven killed in PML-N MNA's camp office blast

A large explosion ripped through a "Dera" belonging to Pakistan Muslim League-Nawaz (PML-N) MNA Amjad Farooq Khosa at Taunsa Sharif in Dera Ghazi Khan district on Wednesday, killing at least seven people and injuring eight others, Arshad Khan, SHO, Taunsa
Published 15 Oct, 2015 12:00am
PSM losses soar to over Rs 113 billion: Zubair

PSM losses soar to over Rs 113 billion: Zubair

Chairman Privatisation Commission Muhammad Zubair on Wednesday said he was against offering the first right of refusal to the Sindh government to run the Pakistan Steel Mills (PSM) by the Cabinet Committee on Privatisation (CCoP). A meeting of the CCoP ch
Published 15 Oct, 2015 12:00am
PSM losses soar to over Rs 113 billion: Zubair

PSM losses soar to over Rs 113 billion: Zubair

Chairman Privatisation Commission Muhammad Zubair on Wednesday said he was against offering the first right of refusal to the Sindh government to run the Pakistan Steel Mills (PSM) by the Cabinet Committee on Privatisation (CCoP). A meeting of the CCoP ch
Published 15 Oct, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (October 14, 2015).

Published 15 Oct, 2015 12:00am
PSM losses soar to over Rs 113 billion: Zubair

PSM losses soar to over Rs 113 billion: Zubair

Chairman Privatisation Commission Muhammad Zubair on Wednesday said he was against offering the first right of refusal to the Sindh government to run the Pakistan Steel Mills (PSM) by the Cabinet Committee on Privatisation (CCoP). A meeting of the CCoP ch
Published 15 Oct, 2015 12:00am
ISE index improves 8.98 points

ISE index improves 8.98 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 8.98 points as the ISE Ten Index moved f
Published 15 Oct, 2015 12:00am
ISE index improves 8.98 points

ISE index improves 8.98 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 8.98 points as the ISE Ten Index moved f
Published 15 Oct, 2015 12:00am
LSE index down 16.17 points

LSE index down 16.17 points

Equities suffer more losses at the Lahore Stock Exchange amid an ascending transaction volume on Wednesday. The LSE-25 index lost 16.17 points to close at 5645.36 against 5661.53 of Tuesday, while transaction volume was increased to 1.053 million shares c
Published 15 Oct, 2015 12:00am
LSE index down 16.17 points

LSE index down 16.17 points

Equities suffer more losses at the Lahore Stock Exchange amid an ascending transaction volume on Wednesday. The LSE-25 index lost 16.17 points to close at 5645.36 against 5661.53 of Tuesday, while transaction volume was increased to 1.053 million shares c
Published 15 Oct, 2015 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee inched up in terms of the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee moved up one-paisa in relation to the dollar for buying and selling at Rs 104.41 and Rs 104.43 respectively, they said.
Published 15 Oct, 2015 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee inched up in terms of the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee moved up one-paisa in relation to the dollar for buying and selling at Rs 104.41 and Rs 104.43 respectively, they said.
Published 15 Oct, 2015 12:00am
Pakistan ready for dialogue with India: Maleeha

Pakistan ready for dialogue with India: Maleeha

Pakistan told the UN General Assembly Wednesday that it stands ready to engage in a dialogue with India on all outstanding issues, while underscoring the urgency of settling the decades-old Kashmir dispute. "Longstanding disputes have to be addressed bold
Published 15 Oct, 2015 12:00am
Talks on CPFTA-II start in Beijing today

Talks on CPFTA-II start in Beijing today

Pakistan and China are to start the next round of talks on China Pakistan Free Trade Agreement -II (CPFTA-II) from Thursday in Beijing, official sources told Business Recorder. A delegation of Ministry of Commerce led by Additional Secretary Minist
Published 15 Oct, 2015 12:00am
Talks on CPFTA-II start in Beijing today

Talks on CPFTA-II start in Beijing today

Pakistan and China are to start the next round of talks on China Pakistan Free Trade Agreement -II (CPFTA-II) from Thursday in Beijing, official sources told Business Recorder. A delegation of Ministry of Commerce led by Additional Secretary Minist
Published 15 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 14, 2015).

Published 15 Oct, 2015 12:00am
Talks on CPFTA-II start in Beijing today

Talks on CPFTA-II start in Beijing today

Pakistan and China are to start the next round of talks on China Pakistan Free Trade Agreement -II (CPFTA-II) from Thursday in Beijing, official sources told Business Recorder. A delegation of Ministry of Commerce led by Additional Secretary Minist
Published 15 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 14, 2015).

Published 15 Oct, 2015 12:00am
Finance Ministry invites Aptma for talks

Finance Ministry invites Aptma for talks

The Ministry of Finance has invited representatives of All Pakistan Textile Mills Association (Aptma) for dialogue on key issues and problems faced by textile industry. On Wednesday, textile industry observed 'Black Day' across the country on the appeal o
Published 15 Oct, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (October 14, 2015).

Published 15 Oct, 2015 12:00am
Finance Ministry invites Aptma for talks

Finance Ministry invites Aptma for talks

The Ministry of Finance has invited representatives of All Pakistan Textile Mills Association (Aptma) for dialogue on key issues and problems faced by textile industry. On Wednesday, textile industry observed 'Black Day' across the country on the appeal o
Published 15 Oct, 2015 12:00am
Finance Ministry invites Aptma for talks

Finance Ministry invites Aptma for talks

The Ministry of Finance has invited representatives of All Pakistan Textile Mills Association (Aptma) for dialogue on key issues and problems faced by textile industry. On Wednesday, textile industry observed ''Black Day'' across the country on the appeal
Published 15 Oct, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 14, 2015)

Published 15 Oct, 2015 12:00am
PTI's struggle aimed at creating transparent system: Imran

PTI's struggle aimed at creating transparent system: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Wednesday said that the real purpose behind contesting by-polls was nothing else but to introduce a transparent system in the country. He was addressing the party workers of NA-122 and PP-147 at Garhi
Published 15 Oct, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 14, 2015).

Published 15 Oct, 2015 12:00am
Textile package delayed or suspended?
Cotton

Textile package delayed or suspended?

Approximately 400 members of All Pakistan Textile Mills Association (APTMA) decided to observe a 'black day' yesterday in protest against the delay in announcing the relief package promised by Prime Minister Nawaz Sharif. APTMA was earlier assured that th
Published 15 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 15 Oct, 2015 12:00am
Terrorist attacks in Turkey

Terrorist attacks in Turkey

Since the fresh outbreak of hostilities been the Turkish government and the Kurdish Workers Party (PKK) a few months ago, many lives have been lost in terrorist violence. An attack last June, on an election rally of the pro-Kurdish People's Democratic Par
Published 15 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 15 Oct, 2015 12:00am
VIEW POINT: Shifting sands of Punjab politics

VIEW POINT: Shifting sands of Punjab politics

No by-election has ever been watched with as much interest as the one in NA-122. The reason is obvious: the PML-N had to prove that it did not steal the seat (one of the four made most controversial by the PTI) as part of an alleged wider electoral fraud
Published 15 Oct, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 14, 2015).

Published 15 Oct, 2015 12:00am
Mergers and acquisitions: Managing risks and creating values

Mergers and acquisitions: Managing risks and creating values

Buyers, who are interested to have access to a particular asset or a market position, usually adopt strategy of mergers and acquisitions (M&A). However, it may be kept in mind that M&A strategy is not risk free.
Published 15 Oct, 2015 12:00am
The Weather

The Weather

The weather report on Wednesday (October 14, 2015) and the forecast for Thursday (October 15, 2015).

Published 15 Oct, 2015 12:00am
Tensions build in Nigeria's oil-rich Delta

Tensions build in Nigeria's oil-rich Delta

Enjoying a chilled cider in a hotel pool bar, former Nigerian militant leader Ebi John has a simple message for President Muhammadu Buhari - keep paying my men or risk a new insurgency in the Niger Delta. Tensions have been building in the southern swampl
Published 15 Oct, 2015 12:00am
Nandipur power project: essential technical audit

Nandipur power project: essential technical audit

This refers to editorial "Nandipur challenge: third-party audits" carried by Business Recorder on October 8. It rightly raises the issue of technical audit of this unfortunate project that has become totally controversial not only because of enormo
Published 15 Oct, 2015 12:00am
Defunct KASB Bank

Defunct KASB Bank

This is very surprising that nobody can ever believe that KASB Bank sold for Rs 1,000 only with blessing of Governor of State Bank of Pakistan and Prime Minister of Pakistan. Also surprising that a loan of over Rs 20 billion given by State Bank of Pakista
Published 15 Oct, 2015 12:00am
Mukhtar denies claiming leadership knew about Osama's presence

Mukhtar denies claiming leadership knew about Osama's presence

Former defence minister Ahmed Mukhtar has categorically denied claiming in an interview with Indian TV channel CNN-IBN that Pakistan had knowledge of al Qaeda leader Osama bin Laden's presence in the country. In an interview with a Pakistan TV channel, Mu
Published 15 Oct, 2015 12:00am
Budgetary measures: around Rs 50 billion revenue collected in Q1

Budgetary measures: around Rs 50 billion revenue collected in Q1

The Federal Board of Revenue (FBR) has collected around Rs 50 billion during first quarter (July-September) of 2015-16 from taxation measures taken in budget (2015-16). Sources told Business Recorder here on Wednesday that the FBR has carried out a
Published 15 Oct, 2015 12:00am
MQM says examining Gilgit-Baltistan court verdict

MQM says examining Gilgit-Baltistan court verdict

Top leadership of Muttahida Qaumi Movement (MQM) is baffled over the harsh sentence passed on party chief Altaf Hussain by a Gilgit-Baltistan court and legal experts have questioned the sentence. MQM MNA Muhammad Salman Khan Baloch told Business Record
Published 15 Oct, 2015 12:00am
KP textile mills suspend production

KP textile mills suspend production

Textile industry of Khyber Pakhtunkhwa Wednesday locked out their mills to suspend production and took out a protest demonstration against the anti-business policies of the government. Textile sector is the largest employer of the province with 45,000 to
Published 15 Oct, 2015 12:00am
38 new grid stations to be constructed in KP

38 new grid stations to be constructed in KP

A meeting of the sub-committee of National Assembly Standing Committee on Water and Power was held at Wapda House Peshawar, here on Wednesday. Dr Syed Ghazi Ghulab Jamal presided over the meeting. Members of the committee Junaid Akbar,Sahibzada Muhammad Y
Published 15 Oct, 2015 12:00am
Senate body slams role of private schools

Senate body slams role of private schools

Senate Standing Committee on Cabinet Secretariat has expressed serious concern over charging hefty fees by private schools and acquiring plots of million rupees at subsidized rats under the pretext of running charity organisations. All the committee membe
Published 15 Oct, 2015 12:00am
Shahbaz urges parties to work together for progress

Shahbaz urges parties to work together for progress

Punjab Chief Minister Shahbaz Sharif has said that Pakistan comprises four federating units and their equal development is essential for national progress and prosperity. He said that there is a need for collective efforts for national progress and develo
Published 15 Oct, 2015 12:00am
Textile industry government urged to ensure level-playing field

Textile industry government urged to ensure level-playing field

Pakistan Textile Exporters Association (PTEA) has urged the government to ensure level-playing field for textile industry as it has lost its viability against the regional competitors; about 30 percent industry has closed down its operations and 20.37 per
Published 15 Oct, 2015 12:00am
China to provide technical assistance to Tevta

China to provide technical assistance to Tevta

"China will provide the Technical and Vocational Training Authority (Tevta) technical assistance to promote technical education and vocational training system in the Punjab," Chinese Consul General Yu Boren announced on Wednesday when he visited the organ
Published 15 Oct, 2015 12:00am
Value-added sector never part of 'black day': Pregmea

Value-added sector never part of 'black day': Pregmea

The Pakistan Readymade Garments Manufacturers and Exporters Association (Pregmea) has made it clear that the value-added sector was never part of a black day marked by the basic textile sector. "We have not observed October 14 as the black day and all uni
Published 15 Oct, 2015 12:00am
Nepra to get advisory to address overbilling complaints, PAC told

Nepra to get advisory to address overbilling complaints, PAC told

The Public Accounts Committee (PAC) of National Assembly was informed on Wednesday that water and power ministry will issue an advisory to National Electric power Regulatory Authority (Nepra) to evolve a transparent mechanism to address the overbilling co
Published 15 Oct, 2015 12:00am
India and Pakistan Concern over increasing conventional disparity

India and Pakistan Concern over increasing conventional disparity

The Institute of Strategic Studies, Islamabad (ISSI) in collaboration with China Arms Control and Disarmament Association (CACDA) held a seminar on Wednesday on Strategic Stability in South Asia and East Asia: Constructive Role Played by China. The high-p
Published 15 Oct, 2015 12:00am
No one to be allowed to threaten businessmen for extortion: DIG

No one to be allowed to threaten businessmen for extortion: DIG

DIG Police Hyderabad, Khadim Hussain Rind has said that no one would be allowed to threat business community for extortion and if anyone demands for extortion, Police should be informed without any delay so that a prompt and stern action could be taken ag
Published 15 Oct, 2015 12:00am
2005-2015: PPP Senator urges government to investigate PIA affairs

2005-2015: PPP Senator urges government to investigate PIA affairs

Chairman Senate Standing Committee on Finance, Revenue and privatisation, Senator Saleem Mandviwalla has urged the government to work towards the revival of national strategic entities such as Pakistan Steel Mills (PSM) and Pakistan International Airlines
Published 15 Oct, 2015 12:00am
LB elections: speakers concerned over non-representation of women

LB elections: speakers concerned over non-representation of women

Speakers expressed serious concerns over the non-representation of women on the general seats of local bodies' elections because of changes made in local bodies Act by Sindh government. The Two-day Refresher Training Worship on Community Action Research a
Published 15 Oct, 2015 12:00am
Four Ferrari commanders surrender

Four Ferrari commanders surrender

Four Ferrari commanders of a banned outfit laid down arms and surrendered to security forces here on Wednesday. FC spokesman said that the militants who surrendered to the paramilitary force in Barkhan area of Loralai have vowed to shun violence and not t
Published 15 Oct, 2015 12:00am
ATC extends bails of MQM's two leaders

ATC extends bails of MQM's two leaders

Anti-Terrorism Court on Wednesday extended the bails of Muttahida Qaumi Movement leaders Senator Tahir Mashhadi and Rauf Siddiqui. The hearing was held against the MQM leaders Senator Tahir Mashhadi and Rauf Siddiqui in ATC. MQM leaders appeared before th
Published 15 Oct, 2015 12:00am
Use of loudspeakers during Majalis, processions allowed

Use of loudspeakers during Majalis, processions allowed

Sindh Chief Minister Syed Qaim Ali Shah, keeping in view the demand of Shia Ulema has allowed the use of loudspeakers during Majalis and processions. For the purpose, a notification would be issued soon. He accorded this approval while presiding over a me
Published 15 Oct, 2015 12:00am
KE annual financial report: power utility posts Rs 28.3 billion profit

KE annual financial report: power utility posts Rs 28.3 billion profit

K-Electric's profit after tax showed an increase of 119 per cent during the last fiscal year (FY15) mainly due to a reduction in line losses. The power utility earned Rs 28.325 billion profit during the FY15 compared with Rs 12.88bn in FY14, indicating an
Published 15 Oct, 2015 12:00am
Government schemes delayed Tractor sales down 8 percent in Q1

Government schemes delayed Tractor sales down 8 percent in Q1

Following the delay in materialising tractor schemes announced by Sindh and Punjab governments, the industry faced a sharp decline of 8 percent during first quarter of current fiscal year; market sources said. They said that a slowdown in the sales of tra
Published 15 Oct, 2015 12:00am
ABL declared as strongest bank in Pakistan

ABL declared as strongest bank in Pakistan

Allied Bank Limited has been named as the Strongest Bank in Pakistan in the "Asian Banker 500 (AB 500) Strongest Bank by Balance Sheet Ranking 2015". AB 500 is an evaluation of the 500 largest banks in the Asia Pacific region for the financial year 2014.
Published 15 Oct, 2015 12:00am
Ballot held for Fazaia Housing Scheme

Ballot held for Fazaia Housing Scheme

Balloting for Fazaia Housing Scheme, Karachi was conducted at an impressive ceremony recently at the green pastures of PAF Museum, Karachi. Presided over by the Air Officer Commanding Southern Air Command PAF as the Chief Guest, the ceremony was attended
Published 15 Oct, 2015 12:00am
Fazal Cloth Mills Limited
Cotton

Fazal Cloth Mills Limited

Part of the enormous Fazal Group, Fazal Cloth Mills Limited (KSE: FZCM) is one of the big players in Pakistan's textile industry. Founded in 1966, its market capitalisation is now well north of Rs 4.4 billion, making it a giant name in spinning and weavin
Published 15 Oct, 2015 12:00am
Fazal Cloth Mills Limited
Cotton

Fazal Cloth Mills Limited

Part of the enormous Fazal Group, Fazal Cloth Mills Limited (KSE: FZCM) is one of the big players in Pakistan's textile industry. Founded in 1966, its market capitalisation is now well north of Rs 4.4 billion, making it a giant name in spinning and weavin
Published 15 Oct, 2015 12:00am
Exporters' rebate claims up to August 2014 cleared: Khokhar

Exporters' rebate claims up to August 2014 cleared: Khokhar

Chief Collector Customs-Exports (Enforcement South Zone) Zahid Ahmed Khokhar said here on Wednesday that presently no rebate claim of exporters was pending with the customs as all claims up to August 2014 have already been cleared. Addressing exporters at
Published 15 Oct, 2015 12:00am
Sindh government challenges LB delimitations

Sindh government challenges LB delimitations

Two weeks ahead of local bodies' elections in Sindh, the provincial government on Wednesday challenged new delimitation by Election Commission of Pakistan (ECP) in Sindh High Court. An application was filed in Sindh High Court (SHC) by Secretary Local Gov
Published 15 Oct, 2015 12:00am
Pope issues 'extraordinary' apology over scandals

Pope issues 'extraordinary' apology over scandals

Pope Francis on Wednesday offered a surprise public apology from the Catholic Church for a series of scandals which have shaken the city of Rome and the Vatican. The Vatican has been the focus of several controversies including the coming out of a gay pri
Published 15 Oct, 2015 12:00am
Australia PM's 'tax haven' investments under microscope

Australia PM's 'tax haven' investments under microscope

Australia's multi-millionaire Prime Minister Malcolm Turnbull denied Wednesday dodging tax by using havens in the Cayman Islands as his personal wealth came under the microscope in parliament. Turnbull, a former investment banker who lives in a luxury man
Published 15 Oct, 2015 12:00am
Australia PM's 'tax haven' investments under microscope

Australia PM's 'tax haven' investments under microscope

Australia's multi-millionaire Prime Minister Malcolm Turnbull denied Wednesday dodging tax by using havens in the Cayman Islands as his personal wealth came under the microscope in parliament. Turnbull, a former investment banker who lives in a luxury man
Published 15 Oct, 2015 12:00am
Clinton fends off rivals in first Democratic debate

Clinton fends off rivals in first Democratic debate

Hillary Clinton emerged unscathed Tuesday from the Democratic Party's first presidential debate, giving her renewed momentum as she gears for a showdown with Republicans over the 2012 Benghazi attack. The frontrunner cut a calm and confident figure as she
Published 15 Oct, 2015 12:00am
Israel sets up East Jerusalem roadblocks in bid to stem attacks

Israel sets up East Jerusalem roadblocks in bid to stem attacks

Israel set up roadblocks in Palestinian neighbourhoods in East Jerusalem and deployed soldiers across the country on Wednesday in an effort to stop a wave of Palestinian knife attacks. In the latest incident, a Palestinian stabbed and wounded a 70-year-ol
Published 15 Oct, 2015 12:00am
New Zealand lifts ban on teen book

New Zealand lifts ban on teen book

New Zealand censors on Wednesday overturned the country's first book ban for more than two decades, ruling an award-winning teen novel could go on sale with no restrictions. The book, "Into the River" by Ted Dawe, was ordered off shelves last month after
Published 15 Oct, 2015 12:00am