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Print - 2015-10-18
Li says achieving growth of around seven percent 'not easy'

Li says achieving growth of around seven percent 'not easy'

China's Premier Li Keqiang said that with the global economic recovery losing steam, achieving domestic growth of around 7 percent is "not easy", according to a transcript of his remarks posted on the website of the State Council, China's cabinet. Nonethe
Published 18 Oct, 2015 12:00am
French wheat exports forecast raised but surplus still large

French wheat exports forecast raised but surplus still large

Farm office FranceAgriMer on Thursday raised its forecast of French soft wheat exports outside the European Union this season but a further increase to a record harvest kept the EU's biggest wheat grower saddled with a hefty surplus. Soft wheat exports to
Published 18 Oct, 2015 12:00am
Russia's prospects for boosting state grains stocks seen weaker

Russia's prospects for boosting state grains stocks seen weaker

Russia's grain restocking programme may be slower than previously expected as an increase in domestic grain prices has made recently approved higher state prices less competitive, SovEcon agriculture consultancy said on Thursday. Russia's agriculture mini
Published 18 Oct, 2015 12:00am
Noble's EU aluminium chief to leave

Noble's EU aluminium chief to leave

Noble Group Ltd's chief aluminium trader in Europe Erik Gundersen will leave the Asian commodities merchant, three sources familiar with the matter said, as the shake-up of its loss-making metals and mining division widens. The exact timing of his departu
Published 18 Oct, 2015 12:00am
Cotton rises ahead of harvest as old-crop supply decreases
Cotton

Cotton rises ahead of harvest as old-crop supply decreases

ICE cotton futures rose on Friday, helping the fiber close out its biggest weekly gain in two months, as producers and merchants hesitated to make forward sales of high-grade cotton as uncertainty lingered about crop quality. Demand for high-grade cotton
Published 18 Oct, 2015 12:00am
European rolled aluminium product demand seen up in 2016

European rolled aluminium product demand seen up in 2016

US-based Novelis expects a 3 percent rise in rolled aluminium product demand in Europe in 2016, despite the knock-on impact of sluggish growth in China, its European head said. This would be down slightly from the 4 percent increase in aluminium product g
Published 18 Oct, 2015 12:00am
Copper price forecasts cut on concerns over Chinese growth

Copper price forecasts cut on concerns over Chinese growth

Worries over the outlook for Chinese growth have dented expectations for copper prices next year, a Reuters poll showed on Thursday, with respondents cutting their average price forecast for the metal by 9 percent over the last three months. A poll of 29
Published 18 Oct, 2015 12:00am
China copper imports surge a third in September

China copper imports surge a third in September

China's monthly copper imports surged a third in September, hitting a 20-month high after staying flat in the previous three months, as price differentials favoured spot purchases and some shipments arrived ahead of the week-long October 1 holiday. Import
Published 18 Oct, 2015 12:00am
Indonesia's 2015 wheat imports seen flat as economy flags

Indonesia's 2015 wheat imports seen flat as economy flags

Indonesia's wheat imports for 2015 will be lower than forecast at 7.4 million tonnes, flat to the previous year, the head of an industry group in the world's No 2 importer of the grain said on Tuesday, as consumers cut spending as the economy slows. Earli
Published 18 Oct, 2015 12:00am
Venezuela calls on Opec to control output, seeks $70 floor price

Venezuela calls on Opec to control output, seeks $70 floor price

Venezuela, whose economy has been decimated by low oil prices, this month will unveil a bold new strategy to revive them, taking a page from Opec's history books with a proposed price band to build an automatic floor for prices at $70 a barrel.
Published 18 Oct, 2015 12:00am
Rice prices rise in Vietnam, Thailand
Currency

Rice prices rise in Vietnam, Thailand

Rice prices have risen in Vietnam on the prospect of new demand from the Philippines, one of the world's biggest rice buyers, while a strengthening Thai baht has helped increase prices of Thai grain, traders said on Wednesday. Vietnam's 5-percent broken r
Published 18 Oct, 2015 12:00am
Brazil's coffee, sugar growing areas seen hot, dry next 10 days

Brazil's coffee, sugar growing areas seen hot, dry next 10 days

Global coffee and sugar markets are focused on weather over Brazil's southeast region, where meteorologists see temperatures rising with little prospect for rain except in the extreme south for the next 10 days. Forecasts see the best chance for new rains
Published 18 Oct, 2015 12:00am
EU wheat prices mostly lower as Egypt overlooks France in tender

EU wheat prices mostly lower as Egypt overlooks France in tender

European Union wheat prices were mostly lower on Thursday as Egypt overlooked French supplies at a tender and weekly data showed a slowdown in the pace of exports. Egypt choose Black Sea origins in a 240,000 tonne purchase on Thursday. The fact that Frenc
Published 18 Oct, 2015 12:00am
CBOT wheat futures fall on technical selling

CBOT wheat futures fall on technical selling

Wheat futures on the Chicago Board of Trade fell on Thursday for a second session on technical selling and a stronger dollar, traders said. The spot December contract set a two-week low at $5.02 per bushel before settling at $5.02-1/2, down 5-3/4 cents on
Published 18 Oct, 2015 12:00am
Freight rates for capesize could hit bottom next week

Freight rates for capesize could hit bottom next week

Freight rates for capesize bulk carriers could bottom next week as owners resist charterers' attempts to force rates lower on the expectation of an end-of-year cargo flurry, brokers said on Thursday. "Nobody wants to lock-in freight prices at the current
Published 18 Oct, 2015 12:00am
Palm oil down on European vegoils market
Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils eased on Thursday following weaker Malaysian palm oil futures on worries that a firmer ringgit will dampen export demand. "Currency was about the only lead at the moment," one broker said. Crude palm oil was mostly
Published 18 Oct, 2015 12:00am
Asia losing its appetite for rice in favour of wheat

Asia losing its appetite for rice in favour of wheat

Asia is losing some of its appetite for rice in favour of wheat, a trend that is nowhere more pronounced than South Korea where bread and pastries have become a new staple. From working mothers, who find toast more convenient to prepare for breakfast, to
Published 18 Oct, 2015 12:00am
Mixed patterns on grain market
Cotton

Mixed patterns on grain market

Mixed patterns were seen on the local grain market on Saturday in the process of modest trading, dealer said. On the cereals side, Moong Punjab was lower by Rs 250 to Rs 10500 and Moong Afghan lost Rs 150 to Rs 11500, Tuver Burma also shed Rs 100 to Rs 17
Published 18 Oct, 2015 12:00am
US FOB Gulf soya, corn offers weaker on light export demand

US FOB Gulf soya, corn offers weaker on light export demand

Light demand kept US soyabean and corn export premiums unchanged to weaker at the Gulf Coast on Thursday, traders said. Wheat offers were mostly steady. Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said it bought 240,000
Published 18 Oct, 2015 12:00am
US Midwest soya bids widely mixed

US Midwest soya bids widely mixed

Soyabean spot basis bids were steady to widely mixed in the US Midwest on Thursday as the autumn harvest neared completion in some parts of the region, limiting the flow of fresh supplies coming to market, dealers said. Overall ample stockpiles and largel
Published 18 Oct, 2015 12:00am
Cotton market: strong demand pushing prices up
Cotton

Cotton market: strong demand pushing prices up

Strong mills' buying pushing the rates at high on the cotton market on Saturday, dealers said. Resulting, the official spot rate maintained an upward trend, gaining more Rs 100 to Rs 5400, dealers said. In Sindh, seed cotton prices were up by Rs 100 to Rs
Published 18 Oct, 2015 12:00am
Asian coffee: Vietnam premiums stable, Indonesia supply drops
Currency

Asian coffee: Vietnam premiums stable, Indonesia supply drops

Vietnam, the world's top robusta producer, has stepped up selling to cash in on a surge in futures prices, while Indonesian farmers slowed sales at the end of the harvest, tightening supply, traders said on Thursday. The November robusta contract hit an e
Published 18 Oct, 2015 12:00am
Ukraine Agmin, traders fail to agree on 2015-16 grain exports

Ukraine Agmin, traders fail to agree on 2015-16 grain exports

Ukraine's agriculture ministry and traders' unions failed on Thursday to sign a memorandum to determine the amount of grain available for export in the 2015/16 season, adding uncertainty to the market, traders said. The draft memorandum, which was intende
Published 18 Oct, 2015 12:00am
Asian naphtha at 2-1/2 month high

Asian naphtha at 2-1/2 month high

Asia's naphtha crack hit a 2-1/2 month high of $94.38 a tonne on Thursday, boosted by persistent firm demand in the term and spot market, traders said. Taiwanese Formosa Petrochemical Corp, Asia's top naphtha importer, has awarded a tender to buy cargoes
Published 18 Oct, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
THE RUPEE: rate falls
Currency

THE RUPEE: rate falls

The rupee gave up overnight gains against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee could not maintain overnight gains in relation to the dollar, losing five-paisa for buying and selling at Rs 104.40 and
Published 18 Oct, 2015 12:00am
THE RUPEE: rate falls
Currency

THE RUPEE: rate falls

The rupee gave up overnight gains against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee could not maintain overnight gains in relation to the dollar, losing five-paisa for buying and selling at Rs 104.40 and
Published 18 Oct, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 17, 2015)

Published 18 Oct, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (October 17, 2015).

Published 18 Oct, 2015 12:00am
The Weather

The Weather

The weather report on Saturday (October 17, 2015) and the forecast for Sunday (October 18, 2015).

Published 18 Oct, 2015 12:00am
YOUR RUPEE LAST QUARTER
Currency

YOUR RUPEE LAST QUARTER

Following currency fluctuations took place in foreign exchange rates during the last quarter.(July 2 to September 30, 2015)

Published 18 Oct, 2015 12:00am
Israel says more knife attacks thwarted, four Palestinians dead

Israel says more knife attacks thwarted, four Palestinians dead

Israeli authorities said four Palestinians had been shot dead and a fifth seriously injured in thwarted knife attacks on Saturday in Jerusalem and the occupied West Bank as tensions ran high after more than two weeks of unrest. Forty-one Palestinians and
Published 18 Oct, 2015 12:00am
Israel says more knife attacks thwarted, four Palestinians dead

Israel says more knife attacks thwarted, four Palestinians dead

Israeli authorities said four Palestinians had been shot dead and a fifth seriously injured in thwarted knife attacks on Saturday in Jerusalem and the occupied West Bank as tensions ran high after more than two weeks of unrest. Forty-one Palestinians and
Published 18 Oct, 2015 12:00am
Mark Siegel blames Musharraf for Benazir's murder

Mark Siegel blames Musharraf for Benazir's murder

Renowned American author Mark Siegel, who is also a key witness in slain former Prime Minister Benazir Bhutto's murder case, on Saturday declared the former President of Pakistan Pervez Musharraf as Benazir's murderer. According to a private television ch
Published 18 Oct, 2015 12:00am
Mark Siegel blames Musharraf for Benazir's murder

Mark Siegel blames Musharraf for Benazir's murder

Renowned American author Mark Siegel, who is also a key witness in slain former Prime Minister Benazir Bhutto's murder case, on Saturday declared the former President of Pakistan Pervez Musharraf as Benazir's murderer. According to a private television ch
Published 18 Oct, 2015 12:00am
No compromise on country's interests: Sartaj

No compromise on country's interests: Sartaj

Prime Minister Nawaz Sharif's Advisor on National Security and Foreign Affairs Sartaj Aziz has vowed that there will be no compromise on national interests during talks with the United States. In a media interview Saturday, the Advisor said that during th
Published 18 Oct, 2015 12:00am
No compromise on country's interests: Sartaj

No compromise on country's interests: Sartaj

Prime Minister Nawaz Sharif's Advisor on National Security and Foreign Affairs Sartaj Aziz has vowed that there will be no compromise on national interests during talks with the United States. In a media interview Saturday, the Advisor said that during th
Published 18 Oct, 2015 12:00am
Andrabi asks Nawaz to raise Kashmir issue with Obama

Andrabi asks Nawaz to raise Kashmir issue with Obama

Dukhtaran-e-Millat President Syedah Aasiyeh Andrabi on Saturday said that Pakistan was created on the bases of religion and is seen as a fort of Islam in the subcontinent therefore Prime Minister Nawaz Sharif should represent himself in that capacity, whi
Published 18 Oct, 2015 12:00am
Andrabi asks Nawaz to raise Kashmir issue with Obama

Andrabi asks Nawaz to raise Kashmir issue with Obama

Dukhtaran-e-Millat President Syedah Aasiyeh Andrabi on Saturday said that Pakistan was created on the bases of religion and is seen as a fort of Islam in the subcontinent therefore Prime Minister Nawaz Sharif should represent himself in that capacity, whi
Published 18 Oct, 2015 12:00am
US visit: Prime Minister to raise issue of LoC violations

US visit: Prime Minister to raise issue of LoC violations

Prime Minister Nawaz Sharif will raise the issue of border violations by India's troops as well as its spy agency RAW's involvement in terrorism in Pakistan during his visit to the US next week, informed sources told Business Recorder. The Prime Mi
Published 18 Oct, 2015 12:00am
US visit: Prime Minister to raise issue of LoC violations

US visit: Prime Minister to raise issue of LoC violations

Prime Minister Nawaz Sharif will raise the issue of border violations by India's troops as well as its spy agency RAW's involvement in terrorism in Pakistan during his visit to the US next week, informed sources told Business Recorder. The Prime Mi
Published 18 Oct, 2015 12:00am
RAW's plan to assassinate Nawaz uncovered

RAW's plan to assassinate Nawaz uncovered

Indian intelligence agency The Research and Analysis Wing (RAW) has tasked its operatives with a plan to spread chaos in Pakistan though carrying out assassination of Prime Minister Nawaz Sharif, revealed a letter sent to police and other law enforcement
Published 18 Oct, 2015 12:00am
RAW's plan to assassinate Nawaz uncovered

RAW's plan to assassinate Nawaz uncovered

Indian intelligence agency The Research and Analysis Wing (RAW) has tasked its operatives with a plan to spread chaos in Pakistan though carrying out assassination of Prime Minister Nawaz Sharif, revealed a letter sent to police and other law enforcement
Published 18 Oct, 2015 12:00am
Nawaz's US visit: no major breakthrough expected?

Nawaz's US visit: no major breakthrough expected?

Prime Minister Nawaz Sharif's three-day official visit to the United States is not going to prove to be a major breakthrough in Pak-US relations as Washington has lost interest in the region, say analysts and opposition members in parliament. Dr Hasan Ask
Published 18 Oct, 2015 12:00am
SMEs' outstanding financing falls 0.37 percent: SME Finance Review

SMEs' outstanding financing falls 0.37 percent: SME Finance Review

The outstanding financing (domestic) of Small and Medium Enterprises (SMEs) decreased by 0.37 percent to stand at Rs 260.78 billion as of June 30, 2015. According to the State Bank of Pakistan's SME Finance Review, however, as compared to last year, 3.19
Published 18 Oct, 2015 12:00am
Nothing can substitute experience

Nothing can substitute experience

That Dr Zafar Altaf, as usual, is profound insofar the diagnosis of country's plethora of ills is concerned is a fact that has found its best expression in his op-ed for Business Recorder carried by the newspaper yesterday. He argues, inter alia, "
Published 18 Oct, 2015 12:00am
Delta CEO warning prompts questions about Boeing 777 production levels

Delta CEO warning prompts questions about Boeing 777 production levels

An airline's warning of a "bubble" in the market for used jetliners shows how vulnerable Boeing Co may be because of slowing sales of its widebody 777 jets, and fueled speculation that it may have to cut the plane's production rate. Delta Air Lines Inc CE
Published 18 Oct, 2015 12:00am
How conservatives stalled corporate lobbying machine on US EXIM

How conservatives stalled corporate lobbying machine on US EXIM

When Boeing Co, General Electric Co and other companies wanted to show Congress last February the dangers of closing the Export-Import Bank, they turned to a time-tested Washington ritual: knocking on Capitol Hill office doors. Working together, they mobi
Published 18 Oct, 2015 12:00am
A sense of history

A sense of history

Living without a memory is equivalent to losing one's humanity. If we were to wake up one fine morning and fail to recognise the house we woke up in, the family members walking around us, the way we went about our business, as well as our friends and foes
Published 18 Oct, 2015 12:00am
Not forgotten?

Not forgotten?

October 8 was the day ten years ago when an earthquake of 7.6 magnitude hit Azad Jammu & Kashmir (AJK), some neighbouring districts of Khyber Pakhtunkhwa and, to a lesser extent, Islamabad as well, leaving more than 73,000 people (over 86,000, according t
Published 18 Oct, 2015 12:00am
Iran's final OK to N-deal

Iran's final OK to N-deal

The nuclear deal Tehran signed with six world powers in July has been approved by the country's ultimate constitutional authority, the Guardians Council, setting the stage for lifting of all nuclear-related economic sanctions imposed on Iran. Not that the
Published 18 Oct, 2015 12:00am
Indian nuclear capable cruise missile crashes midway again

Indian nuclear capable cruise missile crashes midway again

India's indigenous surface-to-surface cruise missile Nirbhay nose-dived midway after it was test fired in Orissa on Friday. According to Defence Research and Development Organisation or DRDO sources, the missile was launched from the Chandipur Integrated
Published 18 Oct, 2015 12:00am
Muslims from violence-torn Rakhine voice support for Suu Kyi

Muslims from violence-torn Rakhine voice support for Suu Kyi

Muslim supporters of Myanmar opposition leader Aung San Suu Kyi said on Saturday they hoped a government lead by her National League for Democracy (NLD) would improve their lives in Rakhine State, where many still face discrimination after violence in 201
Published 18 Oct, 2015 12:00am
UAE aid worker shot dead in Aden

UAE aid worker shot dead in Aden

An aid worker from the United Arab Emirates was shot dead in the southern Yemen city of Aden by unknown gunmen on Saturday, a Yemeni security officer said, in another sign of instability in the port city where Yemen's fragile government is based. "The aid
Published 18 Oct, 2015 12:00am
Iran proposes economic stimulus to fend off recession

Iran proposes economic stimulus to fend off recession

Iran''s government announced proposals on Saturday to cut interest rates and encourage banks to lend, state television reported, in an effort to boost a stagnant economy after two years of tight monetary policy as inflation slows. Iran''s economy has stag
Published 18 Oct, 2015 12:00am
Iran proposes economic stimulus to fend off recession

Iran proposes economic stimulus to fend off recession

Iran's government announced proposals on Saturday to cut interest rates and encourage banks to lend, state television reported, in an effort to boost a stagnant economy after two years of tight monetary policy as inflation slows. Iran's economy has stagna
Published 18 Oct, 2015 12:00am
Iran proposes economic stimulus to fend off recession

Iran proposes economic stimulus to fend off recession

Iran's government announced proposals on Saturday to cut interest rates and encourage banks to lend, state television reported, in an effort to boost a stagnant economy after two years of tight monetary policy as inflation slows. Iran's economy has stagna
Published 18 Oct, 2015 12:00am
WEF Global Competitiveness Report: AGP ranking lowered to 117

WEF Global Competitiveness Report: AGP ranking lowered to 117

The World Economic Forum (WEF) Global Competitiveness Report 2016, which compares governance in 140 countries, lowered the ranking of the Accountant General of Pakistan (AGP) - from 90 last year to 117 in 2015. Pakistan was ranked at 126 14th from the bot
Published 18 Oct, 2015 12:00am
WEF Global Competitiveness Report: AGP ranking lowered to 117

WEF Global Competitiveness Report: AGP ranking lowered to 117

The World Economic Forum (WEF) Global Competitiveness Report 2016, which compares governance in 140 countries, lowered the ranking of the Accountant General of Pakistan (AGP) - from 90 last year to 117 in 2015. Pakistan was ranked at 126 14th from the bot
Published 18 Oct, 2015 12:00am
WEF Global Competitiveness Report: AGP ranking lowered to 117

WEF Global Competitiveness Report: AGP ranking lowered to 117

The World Economic Forum (WEF) Global Competitiveness Report 2016, which compares governance in 140 countries, lowered the ranking of the Accountant General of Pakistan (AGP) - from 90 last year to 117 in 2015. Pakistan was ranked at 126 14th from the bot
Published 18 Oct, 2015 12:00am
Twelve migrants including children drown off Turkish coast

Twelve migrants including children drown off Turkish coast

Twelve migrants thought to be from Syria and Afghanistan, including four children and a baby, drowned off the coast of Turkey as they tried to reach the Greek island of Lesbos, the Turkish coastguard said on Saturday. Reuters television footage showed bod
Published 18 Oct, 2015 12:00am
Twelve migrants including children drown off Turkish coast

Twelve migrants including children drown off Turkish coast

Twelve migrants thought to be from Syria and Afghanistan, including four children and a baby, drowned off the coast of Turkey as they tried to reach the Greek island of Lesbos, the Turkish coastguard said on Saturday. Reuters television footage showed bod
Published 18 Oct, 2015 12:00am
I'm on leave till Muharram: Sharjeel

I'm on leave till Muharram: Sharjeel

Sindh Ministry of Works and Services has been run by Sharjeel Memon from Dubi for the last three months, it is learnt. According to sources, Memon was given the portfolio of Works and Services on July 22, 2015. Memon left the country three months ago. He
Published 18 Oct, 2015 12:00am
I'm on leave till Muharram: Sharjeel

I'm on leave till Muharram: Sharjeel

Sindh Ministry of Works and Services has been run by Sharjeel Memon from Dubi for the last three months, it is learnt. According to sources, Memon was given the portfolio of Works and Services on July 22, 2015. Memon left the country three months ago. He
Published 18 Oct, 2015 12:00am
Iran fires eight mortar shells into Pakistani territory

Iran fires eight mortar shells into Pakistani territory

Iranian border guards fired on Saturday eight mortar shells into Pakistani territory of Panjgur district of Balochistan. A senior official of Balochistan government confirmed Iran had violated Pakistani border. "Eight mortars landed and exploded on an emp
Published 18 Oct, 2015 12:00am
Iran fires eight mortar shells into Pakistani territory

Iran fires eight mortar shells into Pakistani territory

Iranian border guards fired on Saturday eight mortar shells into Pakistani territory of Panjgur district of Balochistan. A senior official of Balochistan government confirmed Iran had violated Pakistani border. "Eight mortars landed and exploded on an emp
Published 18 Oct, 2015 12:00am
Eight suspected terrorists killed in 'encounter'

Eight suspected terrorists killed in 'encounter'

At least eight alleged terrorists, belonging to a banned outfit, were killed in a `shootout' with police here on Saturday, police said. The deadly`encounter' took place in Manghopir where the police launched an operation against elements allegedly involv
Published 18 Oct, 2015 12:00am
Eight suspected terrorists killed in 'encounter'

Eight suspected terrorists killed in 'encounter'

At least eight alleged terrorists, belonging to a banned outfit, were killed in a `shootout' with police here on Saturday, police said. The deadly`encounter' took place in Manghopir where the police launched an operation against elements allegedly involv
Published 18 Oct, 2015 12:00am
Broadcast of old clips: a sheer maligning tactic, says Nafisa Shah

Broadcast of old clips: a sheer maligning tactic, says Nafisa Shah

Pakistan People's Party (PPP) Deputy General Secretary Dr Nafisa Shah has termed the reports that appeared in two private TV channels regarding her as malicious, fake and with mala-fide intentions. These reports claimed that she is having meetings with pa
Published 18 Oct, 2015 12:00am
Infrastructure development: ADB to provide $1.2 billion annually

Infrastructure development: ADB to provide $1.2 billion annually

The Asian Development Bank will provide an assistance package of about one point two billion dollars to Pakistan annually for infrastructure development and institutional reforms. According to bank's new five year partnership strategy with Pakistan, the b
Published 18 Oct, 2015 12:00am
Infrastructure development: ADB to provide $1.2 billion annually

Infrastructure development: ADB to provide $1.2 billion annually

The Asian Development Bank will provide an assistance package of about one point two billion dollars to Pakistan annually for infrastructure development and institutional reforms. According to bank's new five year partnership strategy with Pakistan, the b
Published 18 Oct, 2015 12:00am
Turkey would shoot down planes violating its air space: Davutoglu

Turkey would shoot down planes violating its air space: Davutoglu

Turkey would not hesitate to shoot down military aircraft violating its air space, Prime Minister Ahmet Davutoglu said on Saturday, a day after the Nato member shot down an unidentified drone close to the border with Syria. "We downed a drone yesterday. I
Published 18 Oct, 2015 12:00am
Turkey would shoot down planes violating its air space: Davutoglu

Turkey would shoot down planes violating its air space: Davutoglu

Turkey would not hesitate to shoot down military aircraft violating its air space, Prime Minister Ahmet Davutoglu said on Saturday, a day after the Nato member shot down an unidentified drone close to the border with Syria. "We downed a drone yesterday. I
Published 18 Oct, 2015 12:00am
Li says achieving growth of around seven percent ''not easy''

Li says achieving growth of around seven percent ''not easy''

China''s Premier Li Keqiang said that with the global economic recovery losing steam, achieving domestic growth of around 7 percent is "not easy", according to a transcript of his remarks posted on the website of the State Council, China''s cabinet. Nonet
Published 18 Oct, 2015 12:00am
J.P Morgan, Morgan Stanley pay most in $1.9 billion swaps price-fixing

J.P Morgan, Morgan Stanley pay most in $1.9 billion swaps price-fixing

J.P. Morgan Chase & Co, Morgan Stanley and Barclays Plc will pay over half of a more than $1.86 billion settlement resolving investor claims they conspired to fix prices and limit competition in the market for credit default swaps, according to a court fi
Published 18 Oct, 2015 12:00am
J.P Morgan, Morgan Stanley pay most in $1.9 billion swaps price-fixing

J.P Morgan, Morgan Stanley pay most in $1.9 billion swaps price-fixing

J.P. Morgan Chase & Co, Morgan Stanley and Barclays Plc will pay over half of a more than $1.86 billion settlement resolving investor claims they conspired to fix prices and limit competition in the market for credit default swaps, according to a court fi
Published 18 Oct, 2015 12:00am
Li says achieving growth of around seven percent 'not easy'

Li says achieving growth of around seven percent 'not easy'

China's Premier Li Keqiang said that with the global economic recovery losing steam, achieving domestic growth of around 7 percent is "not easy", according to a transcript of his remarks posted on the website of the State Council, China's cabinet. Nonethe
Published 18 Oct, 2015 12:00am
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