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Print - 2015-12-08
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 07, 2015).

Published 08 Dec, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (December 07, 2015).

Published 08 Dec, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (December 07, 2015).
Published 08 Dec, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (December 07, 2015).

Published 08 Dec, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (December 07, 2015).

Published 08 Dec, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 08 Dec, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 08 Dec, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Dec, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Dec, 2015 12:00am
US Midwest corn, soyabean bids steady

US Midwest corn, soyabean bids steady

Spot basis bids for corn and soyabeans were mostly steady at processors and elevators around the US Midwest on Friday but the market had a weak tone, grain dealers said. Farmers booked sales of both commodities on Friday. Dealers noted renewed interest in
Published 08 Dec, 2015 12:00am
CBOT wheat ends higher on short-covering

CBOT wheat ends higher on short-covering

Wheat futures on the Chicago Board of Trade rose on Friday for a second straight session on bargain buying and fund short-covering, following a mid-week drop to multi-year lows, traders said. K.C. hard red winter wheat and MGEX spring wheat futures also c
Published 08 Dec, 2015 12:00am
Top rubber producers agree to study export cuts

Top rubber producers agree to study export cuts

Asia's top rubber producers are studying the possibility of curtailing exports in 2016 to support prices that have slipped to the lowest in seven years. The International Tripartite Rubber Council (ITRC), whose members Thailand, Indonesia and Malaysia pro
Published 08 Dec, 2015 12:00am
Iron ore falls to fresh 10-year low, steel weaker

Iron ore falls to fresh 10-year low, steel weaker

Spot iron ore prices fell to a fresh 10-year low below $40 a tonne on Friday and were set for their steepest weekly decline in five months as falling Chinese steel demand increased a global glut of the steelmaking raw material. More steel mills in China's
Published 08 Dec, 2015 12:00am
Subdued business seen on cotton market
Cotton

Subdued business seen on cotton market

Slow business was seen on the cotton market on Monday as mills and spinners did not take interest in fresh buying, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 2200 and Rs 2800 and i
Published 08 Dec, 2015 12:00am
Canadian canola falls
Vegetable Oil

Canadian canola falls

ICE Canadian canola fell on Friday as commercial dealer hedged purchases from farmers and after the Canadian government boosted its harvest estimate more than expected. For the week, the January contract climbed 2.4 percent, the biggest nearby weekly gain
Published 08 Dec, 2015 12:00am
US FOB Gulf soyabean premiums mostly steady

US FOB Gulf soyabean premiums mostly steady

Export premiums for soyabeans shipped from the US Gulf Coast held mostly steady on Friday, with nearby values supported by solid demand from top importer China, traders said. FOB basis offers for US soyabeans shipped in late winter and early spring were a
Published 08 Dec, 2015 12:00am
Prices mixed on grain market
Cotton

Prices mixed on grain market

Prices moved both ways on the wholesale grain market on Monday in the process of modest trading, dealer said. On the cereals side, Moong Punjab lost Rs 250 to Rs 10250 and Moong Afghan, however, gained Rs 750 to Rs 12250, Guwar Sindh was down by Rs 200 to
Published 08 Dec, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 9,795 million. The number of lots traded was 47.99 million. PMEX Commodity Index closed at 2,575. Major business was contributed by gold amounting to PKR 9,212million followed by crud
Published 08 Dec, 2015 12:00am
US Plains HRW wheat bids flat

US Plains HRW wheat bids flat

Spot basis bids for hard red winter wheat were flat at elevators across the southern US Plains on Friday. Grain dealers said that country movement was slow after farmers booked light sales on Thursday to take advantage of a sharp rally in the futures mark
Published 08 Dec, 2015 12:00am
Russia's winter grain in better condition

Russia's winter grain in better condition

Russia's winter grains are in a better condition than last year, Anna Strashnaya, head of the agricultural department at state weather forecaster Hydrometcentre, said in comments which may help allay concerns over next year's crop. Russia harvested more t
Published 08 Dec, 2015 12:00am
US natural gas futures little changed

US natural gas futures little changed

US natural gas futures ended little changed on Friday on weather forecasts calling for continued warmer-than-normal temperatures that will keep heating demand low through the middle of December. Front-month gas futures on the New York Mercantile Exchange
Published 08 Dec, 2015 12:00am
European vegoils: palm oil up again on El Nino worries
Vegetable Oil

European vegoils: palm oil up again on El Nino worries

Palm oil on the European vegetable oils market firmed again on Friday due to concerns over the El Nino weather pattern that could cause dry weather and cut yields, and because of a strong ringgit. "The European cash market drifted gently into the weekend
Published 08 Dec, 2015 12:00am
Paris wheat futures hit to two-month low

Paris wheat futures hit to two-month low

Paris wheat futures extended losses on Friday to hit a new two-month low after the previous day's surge in the euro continued to weigh on a European wheat market dependent on exports to clear a hefty harvest surplus. The euro fell against the dollar on Fr
Published 08 Dec, 2015 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 169,082 tonnes of cargo comprising 210,452 tonnes of import cargo and 58,630 tonnes of export cargo including 7,249 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 210
Published 08 Dec, 2015 12:00am
Japan's manufacturers' mood up

Japan's manufacturers' mood up

Confidence among Japanese manufacturers bounced in December for the first time in four months and it is seen inching up ahead, a Reuters poll found, suggesting the economy is slowly emerging from a recession. In a sign of still-sluggish domestic demand, h
Published 08 Dec, 2015 12:00am
Taiwan exports tumble

Taiwan exports tumble

Taiwan's exports slumped far more than expected in November, denting hopes the trade-reliant economy can grow in the last quarter of this year after sinking into recession in July-September. The 16.9 percent on-year contraction in exports in November was
Published 08 Dec, 2015 12:00am
Top China bank says president quit

Top China bank says president quit

The president of one of China's "big four" state-owned banks has resigned for personal reasons, the company said, after reports he had been taken away in a corruption investigation, as probes widen in the country's financial sector. Zhang Yun had stepped
Published 08 Dec, 2015 12:00am
Turkey needs 'more orthodox' monetary policy: new economy chief

Turkey needs 'more orthodox' monetary policy: new economy chief

Turkey needs a "more orthodox" and predictable monetary policy, the country's newly appointed economy czar said on Monday, throwing his weight behind a central bank drive to simplify its intricate system of multiple rates. In some of his first public comm
Published 08 Dec, 2015 12:00am
German industrial output edges up less than forecast in October

German industrial output edges up less than forecast in October

German industrial output inched up in October after two months of declines but the lower-than-expected reading suggested weak demand from emerging markets is taking its toll on a key sector of Europe's largest economy. Production climbed by 0.2 percent on
Published 08 Dec, 2015 12:00am
China's foreign reserves at nearly three-year low
Currency

China's foreign reserves at nearly three-year low

China's foreign exchange reserves fell to their lowest level in nearly three years in November, official data showed Monday, with analysts blaming "record" capital outflow on expectations the yuan will depreciate. The country's foreign exchange stockpile,
Published 08 Dec, 2015 12:00am
UK manufacturing outlook darkens: output, orders hit six-year low

UK manufacturing outlook darkens: output, orders hit six-year low

The outlook for British manufacturing next year has darkened, with output and new orders deteriorating at rates not seen since 2009, according to an industry survey on Monday that warned of slowing growth both at home and abroad. Manufacturing organisatio
Published 08 Dec, 2015 12:00am
Eurozone Sentix index on economic sentiment rises to 4-month high

Eurozone Sentix index on economic sentiment rises to 4-month high

Economic sentiment in the eurozone improved in December to its highest level since August, helped by the European Central Bank's ultra-loose policy, survey data released on Monday showed. Sentix research group's index tracking morale among investors and a
Published 08 Dec, 2015 12:00am
ECB shifts daily FX rates in anti-rigging move
Currency

ECB shifts daily FX rates in anti-rigging move

The European Central Bank took its first formal step to discourage market manipulation around its euro FX reference rates on Monday, saying it would delay their publication by an extra 90 minutes from next July. The bank declined to say whether it had see
Published 08 Dec, 2015 12:00am
Saudi non-oil business growth accelerates in November

Saudi non-oil business growth accelerates in November

Growth in Saudi Arabia's non-oil private sector accelerated last month from a record low in October, a survey of businesses showed on Monday. The seasonally adjusted Emirates NBD Saudi Arabia Purchasing Managers' Index rose to 56.3 in November from Octobe
Published 08 Dec, 2015 12:00am
Canada, Mexico win WTO nod for $1 billion sanctions against US

Canada, Mexico win WTO nod for $1 billion sanctions against US

Canada and Mexico won WTO approval Monday to impose some $1 billion a year in trade sanctions against the United States over its country-of-origin labelling requirement for beef and pork. An arbitration panel at the Geneva-based World Trade Organization r
Published 08 Dec, 2015 12:00am
Most Middle East markets fall

Most Middle East markets fall

Most Middle East markets fell on Monday as oil prices sank to their lowest in nearly seven years, spurring stock selling on the bourses of the region's energy producers. Dubai's index dropped 2.2 percent to its lowest close since December last year, altho
Published 08 Dec, 2015 12:00am
Oil slump, determined Draghi halts eurozone bond sell-off

Oil slump, determined Draghi halts eurozone bond sell-off

A sell-off in eurozone bonds kicked into reverse on Monday as oil prices tumbled and ECB president Mario Draghi said he stood ready to deploy further stimulus to achieve the central bank's inflation target. German 10-year bond yields - the bloc's benchmar
Published 08 Dec, 2015 12:00am
Oil slump, determined Draghi halts eurozone bond sell-off

Oil slump, determined Draghi halts eurozone bond sell-off

A sell-off in eurozone bonds kicked into reverse on Monday as oil prices tumbled and ECB president Mario Draghi said he stood ready to deploy further stimulus to achieve the central bank's inflation target. German 10-year bond yields - the bloc's benchmar
Published 08 Dec, 2015 12:00am
Tokyo stocks jump
Currency

Tokyo stocks jump

Tokyo stocks rebounded Monday as exporters got a boost from a weaker yen after another strong US jobs report made a Federal Reserve interest rate rise this month virtually certain. The gain of more than 200,000 new posts in November reinforced the view th
Published 08 Dec, 2015 12:00am
Monday's early trade: Plunging oil prices drag down Wall Street

Monday's early trade: Plunging oil prices drag down Wall Street

Wall Street started the week in the red as energy and raw material stocks took a hit, with oil prices falling to their lowest in nearly seven years. Brent crude prices dropped to $41.38 and US crude fell to $38.15 a barrel, after Opec's meeting ended last
Published 08 Dec, 2015 12:00am
Sri Lankan shares tumble

Sri Lankan shares tumble

Sri Lankan shares closed at their lowest in more than eight months on Monday on worries that the new budget proposals would hit earnings of financial firms. Sri Lankan police detained a former chairman of the country's stock market regulator on Monday ami
Published 08 Dec, 2015 12:00am
Southeast Asian markets: Singapore posts biggest gain in three weeks

Southeast Asian markets: Singapore posts biggest gain in three weeks

Southeast Asian stock markets closed mostly higher on Monday despite caution in the wider Asian market ahead of the release of key Chinese data on Tuesday and Wednesday, with the Singapore index posting its biggest gain in nearly three weeks on higher ban
Published 08 Dec, 2015 12:00am
Indian stocks remain lower

Indian stocks remain lower

Indian shares recorded a fourth straight session of losses on Monday as cigarette maker ITC slumped 7 percent in its biggest fall in nine months on worries about a "sin" tax, while oil producers fell after Opec left output targets unchanged. Indexes hit t
Published 08 Dec, 2015 12:00am
Hong Kong shares smidgen lower

Hong Kong shares smidgen lower

Hong Kong shares ended fractionally lower on Monday led by a tumble in energy heavyweights as investors worried about persistent weakness in oil prices. The mood was also cautious ahead of a likely US rate hike at the Federal Reserve's policy meeting next
Published 08 Dec, 2015 12:00am
China stocks soar

China stocks soar

China stocks edged up on Monday, with investors rotating from property companies back into tech and healthcare, sectors that Beijing hopes will be new engines of growth. The bluechip CSI300 index rose 0.3 percent, to 3,687.61, while the Shanghai Composite
Published 08 Dec, 2015 12:00am
European shares stage weak recovery as oil price slumps
Currency

European shares stage weak recovery as oil price slumps

European shares saw weak gains on Monday as the price of crude neared 7-year lows, pulling down oil shares, and Electrolux's share price slumped after its deal to buy General Electric's appliance business fell through. Oil prices fell after an Opec policy
Published 08 Dec, 2015 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks posted broad gains on Monday in line with overseas markets. Asian share markets bounced on Monday after Wall Street welcomed an upbeat US jobs report that suggested the world's biggest economy was well placed to handle an expected first incr
Published 08 Dec, 2015 12:00am
Australian shares flat

Australian shares flat

Australian shares faded in afternoon trade on Monday as weakness in oil prices weighed on the energy sector. The S&P/ASX 200 index edged up 0.08 percent or 4.1 points at the close of trade. The benchmark fell 1.5 percent on Friday. New Zealand's benchmark
Published 08 Dec, 2015 12:00am
FTSE ends lower as commodity stocks slump

FTSE ends lower as commodity stocks slump

Britain's top share index surrendered its earlier gains and ended lower on Monday, with commodity shares coming under severe pressure after prices of crude oil and metals slipped. The UK Oil and Gas and the mining indexes fell 4.0 percent and 1.7 percent
Published 08 Dec, 2015 12:00am
Aussie, kiwi slightly weaker

Aussie, kiwi slightly weaker

The Australian and New Zealand dollars kept just below recent peaks on Monday with the market reluctant to take large bets ahead of data and a central bank rate review later in the week. The Australian dollar was a touch softer at $0.7223, having touched
Published 08 Dec, 2015 12:00am
Dollar steadies in Asia

Dollar steadies in Asia

The dollar steadied on Monday, having recovered a bit of ground late last week after upbeat payrolls data bolstered the case for an imminent hike in US interest rates. But the greenback's reaction was modest with a Fed hike at the December 15-16 meeting a
Published 08 Dec, 2015 12:00am
Early trade in New York: Dollar rises broadly
Currency

Early trade in New York: Dollar rises broadly

The dollar rose broadly on Monday on expectations the US Federal Reserve is on track to raise interest rates next week in the wake of a solid November jobs report. The New Zealand dollar and Norwegian crown were big losers to the greenback as commodity pr
Published 08 Dec, 2015 12:00am
Kiwi, Norwegian crown tumble in Europe
Currency

Kiwi, Norwegian crown tumble in Europe

The New Zealand dollar and Norwegian crown were big losers to a stronger US dollar on Monday as commodity prices dived again and investors bet central banks would lean towards more support for economies buffetted by the fallout. The greenback recovered mo
Published 08 Dec, 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. 78.94-78.95 (previous 78.95-78.95). 02.00-04.50 percent (* Previous 01.50-04.50 percent). (* revised).
Published 08 Dec, 2015 12:00am
Strong US jobs data slaps Asia FX
Currency

Strong US jobs data slaps Asia FX

Most emerging Asian currencies eased on Monday after solid US jobs data cemented expectations that the Federal Reserve will raise interest rates next week for the first time in nearly a decade. China's yuan hovered around a four-month low as the central b
Published 08 Dec, 2015 12:00am
China's yuan falls
Currency

China's yuan falls

China's yuan fell against the dollar on Monday after the central bank set a weaker midpoint to reflect dollar strength on rising expectations of a US interest rate hike this month. "Dollar demand in the market was higher than supply as investors expected
Published 08 Dec, 2015 12:00am
Sterling weakens against dollar, outperforms euro
Currency

Sterling weakens against dollar, outperforms euro

Sterling fell against the dollar on Monday, with investors buying the greenback after a robust jobs report made the first rate hike by the Federal Reserve in almost a decade a near certainty. Investors were also cautious about the pound before the Bank of
Published 08 Dec, 2015 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee closed slightly weaker on Monday, as dollar demand from importers rose, but a bout of greenback sales by banks late in the day capped its fall, dealers said. Exporters have been reluctant to sell dollars as they expect the rupee to de
Published 08 Dec, 2015 12:00am
ICC announces schedule of U-19 Cricket World Cup 2016

ICC announces schedule of U-19 Cricket World Cup 2016

The International Cricket Council (ICC) Monday announced the schedule of the ICC U-19 Cricket World Cup 2016, which will be held across eight venues in four cities of Bangladesh from January 27 to February 14, 2016. Chittagong, Cox's Bazar, Dhaka and Sylh
Published 08 Dec, 2015 12:00am
Pakistan-India cricket series: hopes still alive

Pakistan-India cricket series: hopes still alive

Hopes for the Pakistan-India cricket series are still alive as the Pakistan Cricket Board on Monday announced that they would wait for another day or two for their counterpart's Indian announcement. The board earlier wrote a letter to Indian cricket offic
Published 08 Dec, 2015 12:00am
Sri Lanka recalls Kusal Perera over doping

Sri Lanka recalls Kusal Perera over doping

Sri Lanka Monday recalled wicketkeeper-batsman Kusal Perera from New Zealand after he tested positive for a banned steroid, the national cricket board said. The 25-year-old was randomly tested during the recent Pakistan tour of Sri Lanka and the just rele
Published 08 Dec, 2015 12:00am
India overcome defiant South Africa for crushing win

India overcome defiant South Africa for crushing win

India overcame gritty resistance from South Africa's batsmen to win the fourth and final Test by a massive 337 runs in New Delhi on Monday and seal the series 3-0. India had to work hard for victory after the world number one side resorted to hours of stu
Published 08 Dec, 2015 12:00am
Sierra Leone cleared to host games after Ebola ban lifted

Sierra Leone cleared to host games after Ebola ban lifted

Sierra Leone has been cleared to host international soccer matches again after being declared free of the Ebola virus, the Confederation of African Football (CAF) said on Monday. "International football matches and CAF competitions can again be organised
Published 08 Dec, 2015 12:00am
SAGA Cricket Premier League begins

SAGA Cricket Premier League begins

The SAGA Cricket Premier League will stroll into action here on Tuesday (today) at the Qadhafi Stadium, Lahore. The inaugural match will be played between SAGA Punjab and SAGA Sindh while the second match of the tournament will also played at the same day
Published 08 Dec, 2015 12:00am
Krizia designer Mandelli dies

Krizia designer Mandelli dies

Mariuccia Mandelli, a pioneering female fashion designer who created the Italian brand Krizia and was credited with inventing hotpants, has died at the age of 90, associates announced Monday. Prime Minister Matteo Renzi led tributes to a woman he describe
Published 08 Dec, 2015 12:00am
IS earns $80 million a month but starting to struggle

IS earns $80 million a month but starting to struggle

The Islamic State group is pulling in some $80 million a month, mainly from levies and confiscations, but is struggling financially as strikes hit its oil infrastructure, analysis firm IHS said Monday. In a new report, IHS Conflict Monitor said that IS, u
Published 08 Dec, 2015 12:00am
Cuba nears deal with Paris Club on debt forgiveness

Cuba nears deal with Paris Club on debt forgiveness

Cuba is near a deal with 15 rich creditor nations of the Paris Club to restructure $16 billion in debt stemming from a 1986 default, with creditors expected to forgive most of the amount owed, diplomats close to the talks said. The parties will meet in Pa
Published 08 Dec, 2015 12:00am
Syria accuses US-led coalition of killing regime troops

Syria accuses US-led coalition of killing regime troops

Syria expressed outrage Monday after a suspected US-led coalition strike for the first time killed regime troops, but the coalition denied its warplanes hit an army base. In a letter to the United Nations Security Council and Secretary General Ban Ki-moon
Published 08 Dec, 2015 12:00am
Nato says won't send ground troops to fight IS

Nato says won't send ground troops to fight IS

Nato has ruled out sending ground troops to fight against Islamic State militants in Syria, Nato General Secretary Jens Stoltenberg told a Swiss newspaper, stressing the need to bolster local forces in the conflict. "That is not on the agenda of the coali
Published 08 Dec, 2015 12:00am
Iraq warns Turkey to pull forces, Ankara says unlikely

Iraq warns Turkey to pull forces, Ankara says unlikely

Baghdad warned Ankara on Monday that time is running out to remove forces it sent to northern Iraq without permission, but Turkey indicated it was unlikely to do so. Prime Minister Haider al-Abadi said there were "only 24 hours left" of the 48 that Iraq g
Published 08 Dec, 2015 12:00am
7.2-magnitude quake strikes Tajikistan, at least one dead

7.2-magnitude quake strikes Tajikistan, at least one dead

A powerful 7.2-magnitude earthquake struck eastern Tajikistan on Monday, US experts said, and state television said one person was killed ten were injured. The tremor hit at 7:50 GMT in the Central Asian country, some 109 kilometres (67 miles) west of the
Published 08 Dec, 2015 12:00am
Palestinian killed

Palestinian killed

A Palestinian stabbed and seriously wounded an Israeli near a flashpoint holy site in the West Bank city of Hebron on Monday and was shot dead by security forces, Israeli police said. The attack occurred around a border police post near the Tomb of the Pa
Published 08 Dec, 2015 12:00am
Iran swine flu outbreak kills 33 in three weeks

Iran swine flu outbreak kills 33 in three weeks

An outbreak of swine flu has left 33 people dead in two provinces of southwestern Iran in the past three weeks, the official IRNA news agency reported on Monday. IRNA quoted Deputy Health Minister Ali Akbar Sayyari as saying there had been 28 deaths in Ke
Published 08 Dec, 2015 12:00am
North Korea test site activity could be bluff: nuclear ban monitor

North Korea test site activity could be bluff: nuclear ban monitor

Heightened activity at a North Korean nuclear test site could be a bluff rather than preparations to set off an atomic device soon, the head of an international body set up to monitor a ban on nuclear testing said on Monday. A report by 38 North, a North
Published 08 Dec, 2015 12:00am
Latvian Prime Minister resigns

Latvian Prime Minister resigns

Latvian Prime Minister Laimdota Straujuma announced her resignation on Monday after less than two years in office, saying there was a need for "new ideas" following a fallout within her centre-right party. "It's become clear that new people with new ideas
Published 08 Dec, 2015 12:00am
Struggle looms as Venezuela opposition vows to fix crisis

Struggle looms as Venezuela opposition vows to fix crisis

Venezuela's jubilant opposition vowed Monday to drag the oil-rich country out of its economic crisis and free political prisoners after winning control of congress from socialist President Nicolas Maduro. But analysts warned political uncertainty and poss
Published 08 Dec, 2015 12:00am
Tanzania sacks top transport officials

Tanzania sacks top transport officials

Tanzania's president sacked several top transport ministry and port officials Monday, in the latest crackdown on graft in the east African nation. President John Magufuli, who took power last month after winning October 25 elections, has introduced a swat
Published 08 Dec, 2015 12:00am
Top Bhutanese filmmaker dies

Top Bhutanese filmmaker dies

Leading Bhutanese director Tshering Wangyel, who played a key role in developing the Himalayan kingdom's movie industry with films that blended Bollywood and Buddhism, died in hospital Monday aged 43. "Our prolific filmmaker, Director Tshering Wangyel has
Published 08 Dec, 2015 12:00am
Egypt-bound German plane emergency lands after bomb scare

Egypt-bound German plane emergency lands after bomb scare

A German passenger plane flying to the Egyptian Red Sea resort of Hurghada landed in Budapest on Monday after a bomb scare but no explosives were found, Hungarian police said. German airline Condor said that the Airbus A321 from Berlin with 140 passengers
Published 08 Dec, 2015 12:00am
Beijing declares first-ever red alert for pollution

Beijing declares first-ever red alert for pollution

China's capital issued its first-ever red alert for pollution on Monday, as a new blanket of choking smog was projected to descend on the city. From Tuesday morning half of Beijing's private cars will be ordered off the road, with an odd-even number plate
Published 08 Dec, 2015 12:00am
Privatization of HEC: IHC to take up contempt of court plea today

Privatization of HEC: IHC to take up contempt of court plea today

Islamabad High Court (IHC) will take up the petition of Cargill Holding seeking contempt of court proceeding against Chairman of the Privatization Commission Zubair Ahmed, Director Administration Syed Zain Gillani and a police official on December 08 (tod
Published 08 Dec, 2015 12:00am
Four of a family burnt to death in Bannu

Four of a family burnt to death in Bannu

At least four members of same family including two women and children were burnt to death when fire engulfed the house in Toda-Noor-Khail area here in the wee hours of Monday. According to details, the head of the family named Sher Dawood burned fire insi
Published 08 Dec, 2015 12:00am
TV channel's case: SC adjourns hearing

TV channel's case: SC adjourns hearing

The contempt of court proceedings against a private television channel's chief executive Salman Iqbal was adjourned on Monday till the constitution of new bench. The hearing was adjourned for two reasons: firstly a member of the bench Justice Ijaz Ahmed C
Published 08 Dec, 2015 12:00am
Ayyan Ali: Customs prosecutor challenges court's order in IHC

Ayyan Ali: Customs prosecutor challenges court's order in IHC

Customs prosecutor Farhat Abbas Lodhi challenged the Court of Special Judge Customs' order regarding delivery of passports to model Ayyan Ali in the Islamabad High Court on Monday. Special Customs Court Rawalpindi had returned passports of model Ayyan Ali
Published 08 Dec, 2015 12:00am