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Print - 2016-03-17
New directions in legal education

New directions in legal education

Legal education is an important field as it prepares and guides individuals to learn the concepts of legal philosophy, the gambit of important domestic laws, the art of drafting and prepares them to practice law.
Published 17 Mar, 2016 12:00am
Post-operation governance

Post-operation governance

Having gained control of the high-altitude Valley of Shawal, the last redoubt of militants in North Waziristan bordering Afghanistan, the large-scale kinetic military operation in Fata has come to its logical conclusion. The valley's all major heights and
Published 17 Mar, 2016 12:00am
Injecting clarity into economic corridor

Injecting clarity into economic corridor

Minister for Planning, Development and Reforms, Ahsan Iqbal, clarified to the Senate Standing Committee on Planning, Development and Reforms that the government of Pakistan had nothing to do with funding of $ 35 billion worth energy projects under the Chi
Published 17 Mar, 2016 12:00am
Shanghai copper rises
Exchange

Shanghai copper rises

Shanghai Futures Exchange copper ended up 0.6 percent at 37,570 yuan ($5,762) on Wednesday, still holding above its 200-day moving average at 38,238. Shanghai copper stocks have doubled since the start of the year to sit at record highs of 350,000 tonnes
Published 17 Mar, 2016 12:00am
Copper slips in wary trade ahead of Fed statement
Exchange

Copper slips in wary trade ahead of Fed statement

Copper fell on Wednesday in cautious trade ahead of the outcome of a Federal Reserve policy meeting, which is expected to leave interest rates on hold but signal how quickly the bank may tighten this year. Benchmark copper on the London Metal Exchange clo
Published 17 Mar, 2016 12:00am
Rubber rebounds
Exchange

Rubber rebounds

Benchmark Tokyo rubber futures rose on Wednesday, recovering from a fresh two-week low hit in overnight trade, as a bounce in oil prices fed appetite for risk while the yen's fall also lent support, dealers said. The Tokyo Commodity Exchange (TOCOM) rubbe
Published 17 Mar, 2016 12:00am
Soya and wheat futures fall

Soya and wheat futures fall

US soyabean futures fell on Tuesday, setting back from their highest since December 7 on dry weather in South America that will allow farmers to accelerate the harvest of what is expected to be a huge crop, traders said. Wheat futures also closed lower, w
Published 17 Mar, 2016 12:00am
Palm oil recovers
Vegetable Oil

Palm oil recovers

Malaysian palm oil futures recovered losses from early trade and nudged higher on Wednesday due to expectations of lower output growth from a crop damaging El Nino. Industry experts at a conference in Kuala Lumpur last week had forecast El Nino's dry weat
Published 17 Mar, 2016 12:00am
Coffee and sugar turn higher to reach 2016 peak
Currency

Coffee and sugar turn higher to reach 2016 peak

Arabica coffee and sugar futures on ICE turned up to reach the highest levels in 2016 so far on Wednesday, on looming supply concerns and as the currency in top grower Brazil sharply pared its losses. London cocoa steadied, supported by a weaker pound, wh
Published 17 Mar, 2016 12:00am
Gold plunges in New York

Gold plunges in New York

Gold fell to its lowest in almost two weeks on Tuesday ahead of a Federal Reserve statement that is expected to give clues on the pace of future US rate rises. Spot gold fell to $1,225.70 an ounce, its lowest since March 2, at one point and was down 0.4 p
Published 17 Mar, 2016 12:00am
Gold slips in Asia

Gold slips in Asia

Gold slid for a fourth consecutive session on Wednesday, hovering near its lowest in two weeks although investors were waiting for the outcome of the Federal Reserve policy meeting. The Federal Open Market Committee (FOMC) began its two-day meeting on Tue
Published 17 Mar, 2016 12:00am
Gold steadies in Europe
Exchange

Gold steadies in Europe

Gold held steady above $1,230 an ounce on Wednesday ahead of a hotly anticipated Federal Reserve statement on monetary policy, with traders awaiting further clues on the timing of further US interest rate increases. In an announcement due at 1800 GMT, the
Published 17 Mar, 2016 12:00am
US MIDDAY: corn, wheat and soyabeans fall
Currency

US MIDDAY: corn, wheat and soyabeans fall

Chicago Board of Trade wheat, corn and soyabean and wheat futures fell on Wednesday, with all three major commodities on track for a second straight day of declines as a firmer dollar roiled prospects for US exports. Plentiful stocks of all three commodit
Published 17 Mar, 2016 12:00am
US MIDDAY: gold jumps
Exchange

US MIDDAY: gold jumps

Gold rallied 2 percent to $1,260 an ounce on Wednesday, turning higher after the Federal Reserve indicated that the United States continues to face risks from an uncertain global economy, pressuring the dollar. The US central bank held interest rates stea
Published 17 Mar, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,388 million. The number of lots traded was 40,941 million. PMEX Commodity Index closed at 2,678. Major business was contributed by gold (PKR 7,040 million) followed by crude oil (P
Published 17 Mar, 2016 12:00am
Asian naphtha gains to two-session high

Asian naphtha gains to two-session high

Asia's naphtha crack recovered some of the previous day's losses to reach a two-session high of $61.20 a tonne on Tuesday, though it remains more than 35 percent lower than a year ago because of ample supplies. Spot demand for open-specification naphtha f
Published 17 Mar, 2016 12:00am
CBOT wheat futures down

CBOT wheat futures down

Wheat futures on the Chicago Board of Trade drifted lower on Tuesday on technical selling and consolidation, one day after the May contract set a one-month high, traders said. CBOT May wheat settled down 1-1/2 cents at $4.77-1/4 per bushel. K.C. hard red
Published 17 Mar, 2016 12:00am
China's iron ore slides nearly seven percent
Exchange

China's iron ore slides nearly seven percent

Spot iron ore tumbled nearly 7 percent on Tuesday in its steepest decline in eight months as steel prices faltered, reflecting renewed pessimism towards the over-supplied market. The losses followed iron ore futures in China sliding almost 5 percent to pu
Published 17 Mar, 2016 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 100,241 tonnes of cargo comprising 75,505 tonnes of import cargo and 24,736 tonnes of export cargo including 6,002 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 17 Mar, 2016 12:00am
Oil cake markets rates
Cotton

Oil cake markets rates

The March vaida was unchanged on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The March vaida closed at Rs 2051.60 and it commenced with no change at the same rate in the early hours, they said.
Published 17 Mar, 2016 12:00am
Steady conditions on cotton market
Cotton

Steady conditions on cotton market

A steady flow of buying by mills and spinners at lower rates kept prices firm on the cotton market on Wednesday, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 2000-2200, and in Punjab
Published 17 Mar, 2016 12:00am
US Plains HRW wheat bids flat

US Plains HRW wheat bids flat

Hard red winter wheat spot basis bids were unchanged in the southern US Plains on Monday as rising futures triggered light selling by farmers, dealers said. K.C. HRW wheat futures for May delivery rose to a two-month high on short-covering. Prices were al
Published 17 Mar, 2016 12:00am
Modest trade on grain market

Modest trade on grain market

Rice prices were down on the wholesale grain market on Wednesday in the process of modest trading, dealers said. On the rice side, Irri-6 Sindh was lower by Rs 20 to Rs 2950-3000, Basmati No.386 (old) fell by Rs 200 to Rs 4000-4200, Basmati No.386 (new)
Published 17 Mar, 2016 12:00am
Peabody flags bankruptcy risk after skipping interest payment

Peabody flags bankruptcy risk after skipping interest payment

Peabody Energy Corp, the largest US coal producer, said it may have to seek bankruptcy protection as it did not have enough funds to continue operations. Falling demand for coal, tough environmental controls and cheaper natural gas have pushed several big
Published 17 Mar, 2016 12:00am
US CEOs less gloomy on economy, but only slightly

US CEOs less gloomy on economy, but only slightly

For the fourth consecutive quarter, US chief executives had a glum outlook on prospects for the world's largest economy despite a slight uptick from the previous quarter, according to a survey released on Tuesday. The Business Roundtable CEO Economic Outl
Published 17 Mar, 2016 12:00am
Swedish FSA hikes bank buffers, wants more tools to tackle debts

Swedish FSA hikes bank buffers, wants more tools to tackle debts

Sweden's financial services watchdog said on Tuesday that banks would need to hold bigger capital buffers from 2017 and renewed a call for the legal backing for measures to deal with rising risks associated with household debt. The International Monetary
Published 17 Mar, 2016 12:00am
IMF head presses Laos to deepen reforms

IMF head presses Laos to deepen reforms

Communist-ruled Laos must deepen reforms to maintain its rapid expansion, the IMF chief said Tuesday at the end of a rare visit to one of the world's fastest growing economies.
Published 17 Mar, 2016 12:00am
BoE says regulators may lighten capital burden on derivatives

BoE says regulators may lighten capital burden on derivatives

Global regulators will propose ways that could ease capital requirements for banks that clear large numbers of financial derivatives, a Bank of England official said on Tuesday. Banks have long campaigned for changes to a broad measure of capital to total
Published 17 Mar, 2016 12:00am
Zimbabwe expects first IMF loan in nearly two decades

Zimbabwe expects first IMF loan in nearly two decades

Zimbabwe expects a loan from the International Monetary Fund(IMF) in the third quarter of this year, the first since 1999, after paying off foreign lenders by the end of June, the central bank governor said on Wednesday. President Robert Mugabe's governme
Published 17 Mar, 2016 12:00am
SODIC doubles profits, sees silver lining in Egypt's currency crisis

SODIC doubles profits, sees silver lining in Egypt's currency crisis

SODIC, Egypt's third-largest listed real estate developer, more than doubled its full year profit in 2015 as demand for housing in Cairo's affluent eastern suburbs and coastal summer homes grows. The company reported on Wednesday a 108 percent rise in ful
Published 17 Mar, 2016 12:00am
GM, Lyft launch car rental plan for drivers

GM, Lyft launch car rental plan for drivers

General Motors and Lyft on Tuesday unveiled a joint car rental service for drivers, a move aimed at boosting the number of vehicles available for the ridesharing rival to Uber. The companies said the programme to be offered in Chicago this month and sever
Published 17 Mar, 2016 12:00am
Kohat Division Women Games begins

Kohat Division Women Games begins

Colourful Kohat Division Female Games got under way under the aegis of Director General Sports and Youth Affairs Khyber Pakhtunkhwa at different venues including Kohat Sports Complex and Post Graduate Girls College Kohat amidst tight security in a around
Published 17 Mar, 2016 12:00am
Gayle-force blows away England at World T20

Gayle-force blows away England at World T20

Chris Gayle blasted a scintillating century to propel the West Indies to a stunning six-wicket win against England in their World Twenty20 opener in Mumbai on Wednesday.
Published 17 Mar, 2016 12:00am
Sharif Medical City annual sports event ends

Sharif Medical City annual sports event ends

The annual sports of the Sharif Medical City ended on Wednesday. Senior Vice-President of the College of Physicians and Surgeons Professor Khalid Masood Gondal Pakistan Medical and Dental Course member Professor Abrar Ashraf Ali participated in a prize di
Published 17 Mar, 2016 12:00am
Saudi, Iran clubs told to find neutral venues

Saudi, Iran clubs told to find neutral venues

Teams from Saudi Arabia and Iran must find neutral venues to play each other in the AFC Champions League because of diplomatic problems between the two countries, football chiefs said Wednesday.
Published 17 Mar, 2016 12:00am
Nadal takes revenge, Serena cruises at Indian Wells

Nadal takes revenge, Serena cruises at Indian Wells

Rafael Nadal avenged a fresh loss to a fellow Spaniard and Serena Williams set up a showdown with the reigning Indian Wells champion at the ATP and WTA hardcourt tournament on Tuesday.
Published 17 Mar, 2016 12:00am
Diamond Paints take National Open Polo title

Diamond Paints take National Open Polo title

A star-studded Diamond Paints clinched the Bank Alfalah National Open Polo Championship 2016 for the Quaid-e-Azam Gold Cup trophy after trouncing spirited Dollar East/Master Paints by 6-4 in the final played at the jam-packed Lahore Polo Club ground on We
Published 17 Mar, 2016 12:00am
Proud Afridi powers Pakistan to big opening win

Proud Afridi powers Pakistan to big opening win

Proud captain Shahid Afridi said he had been determined to lead by example Wednesday after starring in Pakistan's demolition of Bangladesh, drawing a line under his side's troubled World Twenty20 build-up.
Published 17 Mar, 2016 12:00am
Proud Afridi powers Pakistan to big opening win

Proud Afridi powers Pakistan to big opening win

Proud captain Shahid Afridi said he had been determined to lead by example Wednesday after starring in Pakistan's demolition of Bangladesh, drawing a line under his side's troubled World Twenty20 build-up.
Published 17 Mar, 2016 12:00am
IEEP organises Multi Topic Symposium

IEEP organises Multi Topic Symposium

The Institute of Electrical & Electronics Engineers (IEEEP) on Wednesday organised Multi Topic Symposium, here at a local hotel.
Published 17 Mar, 2016 12:00am
Railways' revenue increases to Rs 35.181 billion: NA informed

Railways' revenue increases to Rs 35.181 billion: NA informed

Pakistan Railways' revenue has increased from Rs 18 billion to Rs 35.181 billion as a result of initiatives taken by the government to put the state-owned company back on track. Minister for Railways Khawaja Saad Rafique informed this to the National Asse
Published 17 Mar, 2016 12:00am
HAD employees protest non-payment of salaries

HAD employees protest non-payment of salaries

Employees of Hyderabad Development Authority (HDA) staged a protest over non-payments of their salaries by parking waste-carriers vehicles on Wednesday. The protest was held outside Hyderabad Press Club (HPC) where a large number of employees participated
Published 17 Mar, 2016 12:00am
Pulses' import up 56 percent in July-January 2015-16

Pulses' import up 56 percent in July-January 2015-16

Pakistan's pulses import shot up by 56 percent to $349.840 million in July-January 2015-16, official figures show. Pulses import bill rise stands at $125.608 million in July-January 2015-16 from $224.232 million in July-January 2014-15, Pakistan Bureau of
Published 17 Mar, 2016 12:00am
Auction for MTBs: government borrows Rs 216 billion

Auction for MTBs: government borrows Rs 216 billion

The federal government Wednesday raised Rs 216 billion through the auction for Market Treasury Bills (MTBs). The SBP, on March 16, 2016, conducted the auction for the sale of 3-month, 6-month and 12-month T-bills and received bids amounting to Rs 309.812
Published 17 Mar, 2016 12:00am
Auction for MTBs: government borrows Rs 216 billion

Auction for MTBs: government borrows Rs 216 billion

The federal government Wednesday raised Rs 216 billion through the auction for Market Treasury Bills (MTBs). The SBP, on March 16, 2016, conducted the auction for the sale of 3-month, 6-month and 12-month T-bills and received bids amounting to Rs 309.812
Published 17 Mar, 2016 12:00am
'Investment potential of agriculture supply chain discussed'

'Investment potential of agriculture supply chain discussed'

Chairperson, Sindh Board of Investment (SBI) Naheed Memon and President, Muller and PHIPPS Company, Raymond Simkins, in a meeting here, discussed in detail the avenues for investment in the supply chain of agriculture produce.
Published 17 Mar, 2016 12:00am
Ban on gas connections: ABAD going to move SC against ministry

Ban on gas connections: ABAD going to move SC against ministry

Association of Builders and Developers of Pakistan (ABAD) is going to file a petition in the apex court against the Ministry of Petroleum and Natural Resources seeking lifting of ban on new gas connection for high-rise buildings.
Published 17 Mar, 2016 12:00am
World LPG moot in Lahore today

World LPG moot in Lahore today

The international conference on Liquefied Petroleum Gas (LPG) would be held today (Thursday) in Lahore, said a statement issued by LPG Distributors Association Pakistan. The maiden conference would be organised by South Asian Media Management (SAMM) in co
Published 17 Mar, 2016 12:00am
Basant festival/cultural day celebrated at Sindh University

Basant festival/cultural day celebrated at Sindh University

One day Basant Festival/Cultural day organised by the Bureau of STAGS at outside Arts Faculty Building University of Sindh Jamshoro. The exhibitor students were preparing for the festival. Both the male and female students and some companies from Hyderaba
Published 17 Mar, 2016 12:00am
Call for holding Pakistani products' exhibition abroad

Call for holding Pakistani products' exhibition abroad

Chairman, Pakistan Chemicals and Dyes Merchants Association (PCDMA), Khawaja Arif Kapoor, has called for holding Pakistani products' based exhibitions in foreign countries to increase Pakistan exports.
Published 17 Mar, 2016 12:00am
Morai handed over to Rangers for 90 days

Morai handed over to Rangers for 90 days

An anti-terrorist court on Wednesday handed over an accused former chairman Fishermen Cooperative Society Dr Nisar Morai to Rangers for 90-day preventive detention. A paramilitary spokesman said the accused was arrested from Islamabad. He was presented be
Published 17 Mar, 2016 12:00am
Obama to travel to UK, Saudi Arabia: White House

Obama to travel to UK, Saudi Arabia: White House

President Barack Obama will travel to the United Kingdom and Saudi Arabia in April, a visit set to be dominated by doubts over Britain's EU membership and concerns about turmoil in the Middle East. The White House said Obama will visit Windsor Castle - wh
Published 17 Mar, 2016 12:00am
Toronto Star publisher stepping down

Toronto Star publisher stepping down

John Cruickshank, head of Canada's largest circulation newspaper, the Toronto Star, is leaving his post on May 4, the paper announced Wednesday. David Holland, president of the newspaper's parent company Torstar, will step in for an unspecified interim pe
Published 17 Mar, 2016 12:00am
Drive for EU membership could help pull a fractured Bosnia together

Drive for EU membership could help pull a fractured Bosnia together

Bosnian membership in the European Union might not seem a realistic, or even desirable, goal, but boosters of the idea say working towards joining may be the only way the country can pull itself together 20 years after its devastating war.
Published 17 Mar, 2016 12:00am
Japan submarine to visit Philippines, other ships to Vietnam

Japan submarine to visit Philippines, other ships to Vietnam

A Japanese submarine will make a port call in the Philippines for the first time in 15 years while accompanying naval ships will visit Vietnam's Cam Ranh Bay for the first time ever, Japan's navy said. The announcement came days after China accused its As
Published 17 Mar, 2016 12:00am
Next Republican debate cancelled after Trump boycott

Next Republican debate cancelled after Trump boycott

US network Fox News on Wednesday called off a Republican debate next week after frontrunner Donald Trump announced he wasn't taking part. The debate - being organised in partnership with the Republican Party - would have been held Monday in Salt Lake City
Published 17 Mar, 2016 12:00am
Algerian named as dead Brussels gunman, manhunt goes on

Algerian named as dead Brussels gunman, manhunt goes on

Belgian prosecutors on Wednesday named a 35-year-old Algerian as the man shot dead by police on Tuesday during a police raid on a Brussels apartment in the hunt for clues to bloody attacks in Paris last November.
Published 17 Mar, 2016 12:00am
Three al-Qaeda suspects killed in motorbike blast in Yemen's Aden

Three al-Qaeda suspects killed in motorbike blast in Yemen's Aden

Three suspected al Qaeda militants on a motorbike were killed Wednesday as a bomb they were transporting exploded in the southern Yemeni city of Aden, a security official said. He said the motorbike blew up in the Dar Saad neighbourhood of the city, the s
Published 17 Mar, 2016 12:00am
India's billion-member biometric database raises privacy fears

India's billion-member biometric database raises privacy fears

India's parliament is set to pass legislation that gives federal agencies access to the world's biggest biometric database in the interests of national security, raising fears the privacy of a billion people could be compromised.
Published 17 Mar, 2016 12:00am
Myanmar army chief endorses election of Suu Kyi's president

Myanmar army chief endorses election of Suu Kyi's president

Myanmar's powerful army chief congratulated incoming president Htin Kyaw and pledged cooperation on Wednesday, after the ally of Aung San Suu Kyi was elected as the country's first head of state with no military background in decades.
Published 17 Mar, 2016 12:00am
India signs energy deals with Russia's Rosneft

India signs energy deals with Russia's Rosneft

Indian state companies signed energy deals worth billions of dollars with Russia's Rosneft on Wednesday to buy into its most promising assets in Siberia, stepping up a drive to cut New Delhi's dependence on imports.
Published 17 Mar, 2016 12:00am
Canada's January factory sales jump

Canada's January factory sales jump

Canadian manufacturing sales rose at a surprisingly strong clip at the start of the year, raising expectations that the economy will see stronger growth in the first quarter than the Bank of Canada has forecast. Factory sales rose 2.3 percent in January,
Published 17 Mar, 2016 12:00am
Finland's debt exceeds eurozone limit for first time
Currency

Finland's debt exceeds eurozone limit for first time

Finland's public debt climbed to 63.1 percent of gross domestic product in 2015, exceeding for the first time the eurozone limit of 60 percent, Statistics Finland said Wednesday. In 2014, with a debt rate of 59.3 percent of GDP, the Nordic eurozone countr
Published 17 Mar, 2016 12:00am
US data points to firming economy, inflation

US data points to firming economy, inflation

Underlying US inflation increased more than expected in February as rents and medical costs maintained their upward trend, which could keep the Federal Reserve on course to gradually raise interest rates this year.
Published 17 Mar, 2016 12:00am
Brazil government agrees to discount on states' debt
Exchange

Brazil government agrees to discount on states' debt

Brazil's federal government reached a debt relief agreement with state governors on Tuesday, offering a discount on debt repayments in exchange for fiscal reforms, the Finance Ministry said in a statement. The government will send the agreed-upon terms, i
Published 17 Mar, 2016 12:00am
German women earn one fifth less than men: data

German women earn one fifth less than men: data

Women in Germany earn around one fifth less than men, a wider gap than the European average, but the shortfall is narrower in the east of the country, official data showed on Wednesday. In raw or unadjusted terms, the gender pay gap stood at 21 percent in
Published 17 Mar, 2016 12:00am
China renews vow to avoid 'hard landing' as congress ends
Currency

China renews vow to avoid 'hard landing' as congress ends

China's economy will not suffer a "hard landing", Premier Li Keqiang said Wednesday, stepping up Beijing's charm offensive to reassure investors that the government can manage slowing growth. "We have long-term confidence in the Chinese economy and this c
Published 17 Mar, 2016 12:00am
British budget extends austerity, cuts growth outlook

British budget extends austerity, cuts growth outlook

Britain unleashed more austerity on Wednesday in its latest annual budget and cut its growth outlook, blaming the impact of global markets turbulence rooted in China. Finance minister George Osborne also warned that a potential 'Brexit', or departure from
Published 17 Mar, 2016 12:00am
Australian shares up, New Zealand shares fall

Australian shares up, New Zealand shares fall

Australian shares edged up 0.15 percent on Wednesday, rebounding slightly from their biggest one-day loss percentage in three weeks in the previous session, drawing support from stronger financial stocks and despite weakness in resources. The S&P/ASX 200
Published 17 Mar, 2016 12:00am
Tokyo stocks fall
Currency

Tokyo stocks fall

Tokyo stocks slipped for a second day on Wednesday as investors kept a close eye on a Federal Reserve meeting, after Japan's central bank refrained from unleashing more stimulus. The US central bank, which concludes its latest policy meeting later in the
Published 17 Mar, 2016 12:00am
Wall Street dips as healthcare lags
Exchange

Wall Street dips as healthcare lags

Healthcare and materials stocks pulled Wall Street lower on Tuesday in a second straight day of quiet trading as investors cautiously awaited news from the US Federal Reserve's two-day policy meeting. While the Fed is not expected to raise interest rates
Published 17 Mar, 2016 12:00am
Treasury prices cut gains

Treasury prices cut gains

US Treasury debt prices gave up most gains to trade narrowly mixed on Tuesday, as investors braced for the possibility the Federal Reserve could strike a more upbeat tone on the economy and consequentially raise interest rates at a faster pace than many i
Published 17 Mar, 2016 12:00am
Treasury prices cut gains

Treasury prices cut gains

US Treasury debt prices gave up most gains to trade narrowly mixed on Tuesday, as investors braced for the possibility the Federal Reserve could strike a more upbeat tone on the economy and consequentially raise interest rates at a faster pace than many i
Published 17 Mar, 2016 12:00am
Indian shares bounce back

Indian shares bounce back

Indian shares clawed back losses to close higher on Wednesday, led by gains in beaten-down healthcare stocks such as Lupin and as a rise in crude oil prices propped up global markets. The benchmark BSE index rose 0.53 percent to end at 24,682.48, while th
Published 17 Mar, 2016 12:00am
China stocks higher

China stocks higher

China stocks closed up on Wednesday as the country's annual parliamentary session came to a close. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.5 percent, to 3,090.03, while the Shanghai Composite Index gained 0.2 perce
Published 17 Mar, 2016 12:00am
European stocks end steady before Fed policy decision
Exchange

European stocks end steady before Fed policy decision

European stocks ended little changed on Wednesday, coming off session highs after a report showed US inflation rose more than expected last month, with gains for energy and auto company shares offset by a weaker banking sector.
Published 17 Mar, 2016 12:00am
Taiwan stocks rise

Taiwan stocks rise

Taiwan stocks rose on Wednesday, cheered by gains in Apple Inc's suppliers following the iPhone maker's strong rise on Wall Street overnight. As of 0222 GMT, the main TAIEX index rose 0.7 percent to 8,669.17, with the electronics subindex and financials s
Published 17 Mar, 2016 12:00am
Hong Kong shares down

Hong Kong shares down

Hong Kong shares finished down on Wednesday as investors sold shares on the final day of the annual meeting of China's parliament. Analysts said market participants might be taking profits protectively ahead of the closure of the National People's Congres
Published 17 Mar, 2016 12:00am
Most SE Asian stocks little changed
Exchange

Most SE Asian stocks little changed

Most Southeast Asian stock markets were little changed on Wednesday as investors looked to the US Federal Reserve for cues on interest rate direction, with Malaysia recouping early losses on foreign-led buying.
Published 17 Mar, 2016 12:00am
FTSE boosted by oil stocks and housebuilders after UK budget
Exchange

FTSE boosted by oil stocks and housebuilders after UK budget

Britain's top share index rose on Wednesday as oil and gas stocks and housebuilders rallied on the back of proposals in UK finance minister George Osborne's annual budget statement. Britain's FTSE 100 was up 0.6 percent at 6,175.49 points at its close, ou
Published 17 Mar, 2016 12:00am
'Dengue Se Pak Pakistan' campaign launched

'Dengue Se Pak Pakistan' campaign launched

The Local Government & Community Development Department (LG&CDD), Health Department Punjab in collaboration with Mortein (Reckitt Benckiser Pakistan) and Plan International has launched a campaign to reduce the incidence of dengue across the province.
Published 17 Mar, 2016 12:00am
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