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Feb 16, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-04-12
Joint Sitting: National Assembly Speaker refers bills to committee

Joint Sitting: National Assembly Speaker refers bills to committee

Speaker National Assembly Sardar Ayaz Sadiq on Monday referred two bills "The Criminal Law (Amendment) (Anti-Rape) Bill, 2016" and "The Anti-Honour Killings Laws (Criminal Laws Amendment) Bill 2015" to Committee of the Joint Sitting on Bills for further d
Published 12 Apr, 2016 12:00am
The flashing red signals

The flashing red signals

Critics of the Panama Leaks rightly ask how, for decades during which "tax heavens" flourished, they could avoid scrutiny, and why a global authority comprising investigative experts and forensic accounts wasn't set up to nab the culprits. These leaks (th
Published 12 Apr, 2016 12:00am
Tsipras demonises IMF to rally troops for bailout sacrifices

Tsipras demonises IMF to rally troops for bailout sacrifices

In Athens, walls have ears. The leaking of a conference call of International Monetary Fund officials on Greece's latest bailout review has further undermined mutual trust in fraught debt talks, embarrassed the European Commission and infuriated the IMF a
Published 12 Apr, 2016 12:00am
Bank of Italy conducting supervisory inspection at Bank of China offices

Bank of Italy conducting supervisory inspection at Bank of China offices

The Bank of Italy is carrying out an on-site inspection at the Italian offices of Bank of China Ltd, a Chinese state-owned bank already facing accusations of aiding illicit money flows from Italy to China, a source familiar with the situation said. Italia
Published 12 Apr, 2016 12:00am
Offshore accounts: Pasha's take

Offshore accounts: Pasha's take

This is apropos a Business Recorder news item "Offshore accounts not in country's interest: Pasha" carried by the newspaper on Monday. It is quite heartening to note that the noted economist, Dr Hafiz Pasha, has spoken the "whole" truth as he has s
Published 12 Apr, 2016 12:00am
THE RUPEE: little changes
Exchange

THE RUPEE: little changes

The rupee slid modestly in relation to the dollar on the money market on Monday in the process of trading, dealers said. According to the reports last week, the Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the poli
Published 12 Apr, 2016 12:00am
US MIDDAY: gold climbs
Exchange

US MIDDAY: gold climbs

Gold prices rose to their highest in almost three weeks early on Monday, setting the market on course toward $1,300 an ounce, drawing confidence from continued ultra-low interest rates. Weak economic data and uncertainty over US monetary policy has contri
Published 12 Apr, 2016 12:00am
THE RUPEE: little changes
Exchange

THE RUPEE: little changes

The rupee slid modestly in relation to the dollar on the money market on Monday in the process of trading, dealers said. According to the reports last week, the Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the poli
Published 12 Apr, 2016 12:00am
US MIDDAY: wheat falls

US MIDDAY: wheat falls

Chicago Board of Trade wheat futures fell 2.8 percent on Monday on beneficial weekend rains in the US Plains hard red winter wheat belt and forecasts for more next weekend that should boost crop prospects, traders said. CBOT May wheat settled down 13 cent
Published 12 Apr, 2016 12:00am
Rate outlook helps gold moves higher in Europe
Exchange

Rate outlook helps gold moves higher in Europe

Gold prices rose to their highest in almost three weeks on Monday, setting the market on course towards $1,300 an ounce, drawing confidence from continued ultra-low interest rates. Weak economic data and uncertainty over US monetary policy has contributed
Published 12 Apr, 2016 12:00am
Gold climbs in Asia
Exchange

Gold climbs in Asia

Gold jumped to its highest in nearly three weeks on Monday on safe-haven demand and a softer dollar, but pared some gains after Asian shares erased early losses. Weak economic data and uncertainty over US monetary policy have sparked risk-averse sentiment
Published 12 Apr, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 09, 2016).

Published 12 Apr, 2016 12:00am
Sugar at six-week low after surprise speculative data
Currency

Sugar at six-week low after surprise speculative data

Raw sugar on ICE fell more than 3 percent to a six-week low on Monday, after data released late Friday showed a smaller-than-expected cut in the net long position held by speculators and spurred heavy selling. Arabica coffee futures turned slightly higher
Published 12 Apr, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 09, 2016).

Published 12 Apr, 2016 12:00am
Ivory Coast mid-crop cocoa harvest hit by poor weather

Ivory Coast mid-crop cocoa harvest hit by poor weather

Purchases of cocoa in Ivory Coast's mid-crop season that starts in April have ground to a halt because of a lack of rain and harsh winds that have also hit quality, farmers and buyers said. Forecasts for the April-October mid crop say it could drop to bet
Published 12 Apr, 2016 12:00am
Rubber soars
Exchange

Rubber soars

Benchmark Tokyo rubber futures soared more than four percent on Monday, bouncing from a one-week low, as a spike in oil prices on Friday fed appetite for risk while stronger Shanghai futures also lent a support. The Tokyo Commodity Exchange (TOCOM) rubber
Published 12 Apr, 2016 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (April 09, 2016).

Published 12 Apr, 2016 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 (April 09, 2016).

Published 12 Apr, 2016 12:00am
Copper rises as Chinese data lends support
Exchange

Copper rises as Chinese data lends support

Copper rose on Monday, rebounding from last week's six-week low as the dollar index slipped, and after benign Chinese inflation data fuelled speculation of possible further monetary stimulus. The dollar surrendered slim gains to fall 0.3 percent against a
Published 12 Apr, 2016 12:00am
Shanghai copper down
Exchange

Shanghai copper down

Shanghai Futures Exchange copper edged down 0.1 percent to 35,830 yuan ($5,538) a tonne, but remains near two-month lows on Monday as the dollar softened and weaker inflation fuelled hopes China's monetary authorities may release more stimulus. Data on Mo
Published 12 Apr, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 09, 2016)

Published 12 Apr, 2016 12:00am
China's CCB buys majority stake in LME ring dealer Metdist
Exchange

China's CCB buys majority stake in LME ring dealer Metdist

China Construction Bank finalised a deal on Wednesday to buy a majority stake in Britain's Metdist Trading Limited, becoming the second Chinese company to gain access the London Metal Exchange (LME) trading floor. CCB International, a subsidiary of China
Published 12 Apr, 2016 12:00am
Railways loco shed workers observe strike

Railways loco shed workers observe strike

Pakistan Railways (PR) loco shed workers on Monday observed strike against the management for not promoting them for the last 25 years. The hours' long strike that observed in morning at the Karachi Cantonment Station, however ended at around 12 noon on t
Published 12 Apr, 2016 12:00am
Third phase of TDPs' repatriation begins

Third phase of TDPs' repatriation begins

In compliance with the directives of the Khyber Pakhtunkhwa Governor Iqbal Zafar Jhagra, the 3rd phase of repatriation process of TDPs to South Waziristan Agency started on April 11. The Governor is personally supervising the return process. All arrangeme
Published 12 Apr, 2016 12:00am
Benazir murder case: ATC issues bailable warrants for FIA official

Benazir murder case: ATC issues bailable warrants for FIA official

The anti-terrorism Court on Monday issued a bailable arrest warrants of Assistant Director FIA Ghulam Asghar Jatoi for not appearing before the court in Benazir Bhutto murder case and adjourned the hearing till April 16. According to details, as hearing s
Published 12 Apr, 2016 12:00am
PATA, Malakand region: KP CM for withdrawal of Customs Act

PATA, Malakand region: KP CM for withdrawal of Customs Act

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has proposed to the Governor, Khyber Pakhtunkhwa to advise the President of Pakistan for withdrawal of the Custom Act, 1969 recently extended to PATA and Malakand Region. This was revealed in summary sent b
Published 12 Apr, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 09, 2016).

Published 12 Apr, 2016 12:00am
ANP chief for extending operation Zarb-e-Azb to KP

ANP chief for extending operation Zarb-e-Azb to KP

ANP chief Asfandyar Wali Khan has demanded extending operation Zarb-e-Azb to whole Khyber Pakhtunkhwa for elimination of terrorists' mentality who he said are producing terrorists. In a statement issued here Monday, he strongly condemned killing of ANP pa
Published 12 Apr, 2016 12:00am
Nisar pushing Prime Minister into trouble: Aitzaz

Nisar pushing Prime Minister into trouble: Aitzaz

Senator Aitzaz Ahsan of Pakistan People's Party (PPP) on Monday said that Interior Minister Chaudhry Nisar is pushing Prime Minister Nawaz Sharif into trouble over the matter of the Panama Papers. "Chaudhry Nisar has himself admitted that the prime minist
Published 12 Apr, 2016 12:00am
Three alleged female terrorists held in Sargodha
Exchange

Three alleged female terrorists held in Sargodha

The Counter Terrorism Department (CTD) on Monday apprehended three alleged female terrorists during raid in Sargodha. According to CTD sources, the women were arrested after exchange of fire near Khushab Road Bypass. Two of their male accomplices managed
Published 12 Apr, 2016 12:00am
The Weather

The Weather

The weather report on Saturday (April 09, 2016) and the forecast for Tuesday (April 12, 2016).

Published 12 Apr, 2016 12:00am
PASSCO holds Hajj ballot

PASSCO holds Hajj ballot

Pakistan Agricultural Storage and Services Corporation and the All Pakistan Employees Union have arranged balloting to pick officers and employees for the Hajj. PASSCO Managing Director Tariq Masood undertook the computer balloting which chose five offici
Published 12 Apr, 2016 12:00am
Wheat procurement: Punjab government allocates Rs 130 billion

Wheat procurement: Punjab government allocates Rs 130 billion

Punjab government has allocated Rs 130 billion for the procurement of more than four million tons of wheat. The wheat will be procured at Rs 1,300 per 40-kilogram from April 20 (subject to the stoppage of rain). Speaking to media persons, Punjab Agricultu
Published 12 Apr, 2016 12:00am
Anti-money laundering cell operating satisfactorily: SBP Director

Anti-money laundering cell operating satisfactorily: SBP Director

Director of the State Bank of Pakistan (SBP) Qasim Nawaz said on Monday that the anti-money laundering cell of the Bank was operating satisfactorily. He was responding to media queries on money laundering in context of the Panama Papers after attending th
Published 12 Apr, 2016 12:00am
Sit-in outside Raiwind to 'wipe out' governing party: PTI

Sit-in outside Raiwind to 'wipe out' governing party: PTI

The Pakistan Tehreek-i-Insaf (PTI) has claimed its sit-in outside the Raiwind home of the prime minister "will wipe out" the governing party and party head Imran Khan "is representing the public wishes". The claims came from his party Advisor, Doctor Yasm
Published 12 Apr, 2016 12:00am
Exim Bank shows interest in investment

Exim Bank shows interest in investment

A delegation headed by Chairman Exim Bank of America Fred P Hochberg called on Punjab Chief Minister Muhammad Shahbaz Sharif on Monday and discussed matters pertaining to trade, economy and investment in the development projects. The delegation expressed
Published 12 Apr, 2016 12:00am
32 arrested in operation against illegal Sunday Bazaar

32 arrested in operation against illegal Sunday Bazaar

District administration has arrested 32 proprietors of motor bargains during operation against illegal Sunday bazaar of vehicles' on Ring Road. The operation was conducted on the complaints of heavy number of vehicles on Ring Road near Pishtakhara, which
Published 12 Apr, 2016 12:00am
MACCI team meets FPCCI VP

MACCI team meets FPCCI VP

The business community of Malakand Division under the leadership of Shahid-Ur-Rehman, President, Mohmand Agency Chamber of Commerce and Industry (MACCI) called on Muhammad Riaz Khattak, Vice President FPCCI. They discussed various issues including extensi
Published 12 Apr, 2016 12:00am
World Bank, PSDF launch $15 million skills training project

World Bank, PSDF launch $15 million skills training project

World Bank (WB) in collaboration with Punjab Skill Development Fund (PSDF) is launching $15 million project to provide training of market driven skills to the vulnerable youth ranging from 18-29 years of age. This was disclosed by Ali Qureshi during a gro
Published 12 Apr, 2016 12:00am
2,000 Sikh yatrees to attend Besakhi festival

2,000 Sikh yatrees to attend Besakhi festival

As many as more than 2,000 Indian Sikh Yatrees are arriving in the provincial metropolis to attend the Besakhi Festival. Besakhi, one of the major festivals of Sikhs, marks the time for harvest of Rabi crops and they celebrate the day by performing joyful
Published 12 Apr, 2016 12:00am
'Power import from Iran may revolutionise industrial sector'

'Power import from Iran may revolutionise industrial sector'

Muhammad Aasim Shah Chairman All Pakistan Bedsheets and Upholstery Manufactures Association and Vice President of the Federation of Pakistan Chambers of Commerce and Industry(FPCCI) who attended the Pak-Iran Joint Business Council meeting said that import
Published 12 Apr, 2016 12:00am
Only Imran can lead country properly: Sarwar

Only Imran can lead country properly: Sarwar

PTI leader Chaudhry Sarwar while speaking at a party workers' convention on Monday has claimed that it has become inevitable that Imran Khan should become prime minister and lead the country on the path of progress and prosperity. He said, "The incumbent
Published 12 Apr, 2016 12:00am
Punjab government decides to establish PAFDA

Punjab government decides to establish PAFDA

Punjab government has decided to establish Punjab Agriculture, Food and Drug Testing Authority (PAFDA) under the chairmanship of the Punjab Chief Minister Shahbaz Sharif. This new authority will upgrade and co-ordinate the output of drug testing laborator
Published 12 Apr, 2016 12:00am
Nizam-e-Mustafa: religious parties vow to expedite struggle

Nizam-e-Mustafa: religious parties vow to expedite struggle

Leading Ulema and the steering Committee of all religious parties at a meeting held at Mansoora on Monday resolved to expedite the struggle for the enforcement of the Nizam-e-Mustafa in the country with a view to protecting its Islamic ideology. The meeti
Published 12 Apr, 2016 12:00am
PUHCBF, Meezan Bank hold seminar on Islamic banking

PUHCBF, Meezan Bank hold seminar on Islamic banking

The Punjab University Hailey College of Banking and Finance (PUHCBF) and the Meezan Bank arranged a seminar for nurturing awareness about the Islamic banking. Meezan Senior Executive Shayan Baig delivered a detailed lecture on structure and mechanism of I
Published 12 Apr, 2016 12:00am
'British Business Centres to be established across Pakistan'

'British Business Centres to be established across Pakistan'

"With a view to increase bilateral trade and investment, UK Trade and Investment (UKTI) is planning to establish British Business Centres in all the major cities of Pakistan." British Deputy High Commissioner in Karachi, John Tucknott revealed this while
Published 12 Apr, 2016 12:00am
Entry of heavy vehicles barred

Entry of heavy vehicles barred

Entry of heavy vehicles (Truck, Trailers. Mazda & Dumper) have been barred in 10-kilometer area of salt range, Keller Kasha on M-2 due to construction of road. Therefore, the heavy traffic coming from Lahore towards Islamabad would be departed from Lila i
Published 12 Apr, 2016 12:00am
APBF calls for probe into offshore wealth

APBF calls for probe into offshore wealth

The All Pakistan Business Forum (APBF) on Monday said that Panama Leaks exposed the corruption of both current as well as the former rulers of the country, asking the authorities to launch an investigation about the offshore wealth of all, who are involve
Published 12 Apr, 2016 12:00am
Wapda hydel power generation up by 18 percent in Q3

Wapda hydel power generation up by 18 percent in Q3

Pakistan Water and Power Development Authority (Wapda) hydel power stations delivered as many as 4.731 billion units of low-cost hydel electricity to the national grid during the third quarter of the current fiscal year. It was due to better hydrological
Published 12 Apr, 2016 12:00am
Chinese company offers cheap electric buses to Peshawar

Chinese company offers cheap electric buses to Peshawar

Chinese Company Star Asia has offered the provision of cheap electric buses for the people of Peshawar. The offer was made in a meeting of the delegation of Chinese company with District Nazim Peshawar, here on Monday. The delegation comprised company's V
Published 12 Apr, 2016 12:00am
Women on Wheels programme launched in Faisalabad

Women on Wheels programme launched in Faisalabad

Punjab government has launched "Women on Wheels" programme on Monday to encourage female bike riding in Faisalabad after Lahore. The launching ceremony was held at University of Agriculture Faisalabad. Punjab Law Minister Rana Sanuallah was the chief gues
Published 12 Apr, 2016 12:00am
KOSGEB model TEVTA to send delegation to Turkey for survey

KOSGEB model TEVTA to send delegation to Turkey for survey

A Punjab government delegation will soon visit to Turkey for a comprehensive survey of the KOSGEB model to promote entrepreneurship technology development, access to capital and business incubation facilities in the Punjab. The Technical Education and Voc
Published 12 Apr, 2016 12:00am
LTU crosses collection target by Rs 9.26 billion

LTU crosses collection target by Rs 9.26 billion

Lahore's Large Taxpayer Unit (LTU) of the Federal Board of Revenue has crossed a revenue collection target fixed for the first nine months of the current financial year by Rs 9.26 billion as it collected Rs 151.53 billion against the target of Rs 142.27 b
Published 12 Apr, 2016 12:00am
PIAF underscores need for tax-free budget

PIAF underscores need for tax-free budget

The Pakistan Industrial and Traders Associations Front (PIAF) on Monday called for a tax-free budget for the year 2016-17 to achieve high economic growth. PIAF Chairman Irfan Iqbal Sheikh while talking to newsmen said the increase in number of taxes alway
Published 12 Apr, 2016 12:00am
KP government capable to put province on track of development: Khattak

KP government capable to put province on track of development: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak said the provincial government has the capacity to put the province on the track of sustainable economic growth. The reforms introduced in health and education, the revamping of public sector institutions a
Published 12 Apr, 2016 12:00am
KP government capable to put province on track of development: Khattak

KP government capable to put province on track of development: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak said the provincial government has the capacity to put the province on the track of sustainable economic growth. The reforms introduced in health and education, the revamping of public sector institutions a
Published 12 Apr, 2016 12:00am
KP government capable to put province on track of development: Khattak

KP government capable to put province on track of development: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak said the provincial government has the capacity to put the province on the track of sustainable economic growth. The reforms introduced in health and education, the revamping of public sector institutions a
Published 12 Apr, 2016 12:00am
Pesco chief suspends XEN, 5 SDOs

Pesco chief suspends XEN, 5 SDOs

An important meeting presided over by Chief Executive, Pesco, Anwar UlHaq Yousafzai was held at Wapda House Peshawar. Superintending Engineers of Peshawar, Khyber, Bannu, Swat, Mardan and Hazara Circles attended the meeting. The CEO Pesco viewed very seri
Published 12 Apr, 2016 12:00am
Peshawar operation 120 Afghans among 300 suspects held

Peshawar operation 120 Afghans among 300 suspects held

Police claimed on Monday that they have arrested at least 300 suspected people including 120 Afghan nationals during a search operation against terrorists in Peshawar's suburb areas. According to details, police have conducted a search operation in Hayata
Published 12 Apr, 2016 12:00am
PSO clarification

PSO clarification

Apropos the news article titled "Increase in rent of outlets: PSO accused of harassing CNG operators" published in "Business Recorder" on 9th April, 2016; Pakistan State Oil (PSO) categorically refutes the false statements and allegations levelled by Abid
Published 12 Apr, 2016 12:00am
Axact case: Supreme Court issues notices to AGP, AG Sindh

Axact case: Supreme Court issues notices to AGP, AG Sindh

The Supreme Court on Monday issued notices to principal law officer of the country and provincial law officer of the Sindh in response to pleas of M/s Axact Private Limited and its chief executive officer Shoaib Ahmed Sheikh challenging the freezing of co
Published 12 Apr, 2016 12:00am
Parliamentarians should investigate Panama leak: Rehman

Parliamentarians should investigate Panama leak: Rehman

Pakistan People's Party (PPP) leader Senator Rehman Malik on Monday demanded the government to form a committee headed by chairman Senate Raza Rabbani comprising parliamentarians belonging to all political parties to probe into Panama Papers' leaks. Talki
Published 12 Apr, 2016 12:00am
Equatorial Guinea women expelled from 2020 Olympics

Equatorial Guinea women expelled from 2020 Olympics

Equatorial Guinea have been expelled from the qualifying competition for the women's football tournament at the 2020 Olympics in Tokyo, FIFA announced on Monday. The Disciplinary Committee of world football's governing body threw out the African nation "f
Published 12 Apr, 2016 12:00am
Sri Lanka five-day rupee forwards end weaker
Currency

Sri Lanka five-day rupee forwards end weaker

Sri Lankan five-day rupee forwards edged down on Monday due to late importer dollar demand ahead of holidays for the Sinhala-Tamil new year later this week, dealers said. The forwards, which are called spot next and act as a proxy for the spot currency, e
Published 12 Apr, 2016 12:00am
Pietersen mulls playing for South Africa

Pietersen mulls playing for South Africa

Former England batsman Kevin Pietersen has said he is considering playing international cricket for his native South Africa after he was sacked from the England side two years ago. The flamboyant batsman, who was born in Pietermaritzburg but left for Engl
Published 12 Apr, 2016 12:00am
Leak reveals Neymar's 45.9 million Barca deal

Leak reveals Neymar's 45.9 million Barca deal

Barcelona star Neymar will make a minimum 45.9 million euros ($52.3 million) from his five-year contract with the European champions, football whistleblowing site Football Leaks revealed on Monday. The Brazilian's bonus incentivised deal also commits the
Published 12 Apr, 2016 12:00am
Messi remains world's top paid footballer

Messi remains world's top paid footballer

Argentina and Barcelona star Lionel Messi remains the world's highest paid footballer with an annual income of 74 million euros ($84.3 million, £59.3 million), according to a report set to appear in Tuesday's edition of France Football magazine. Messi's e
Published 12 Apr, 2016 12:00am
Italy rejoices as Ranieri proves critics wrong

Italy rejoices as Ranieri proves critics wrong

Once rejected by Juventus and Inter Milan, Leicester manager Claudio Ranieri has been given the royal seal of approval by Italy's coaching hierarchy as the Foxes continue their unlikely run to the Premier League title. Another fairytale weekend of footbal
Published 12 Apr, 2016 12:00am
Murree Brewery Polo concludes

Murree Brewery Polo concludes

The finals of the historic and one of the most prestigious polo trophies, MP Bhandara Memorial were held on Sunday and a great number of polo enthusiast and notable members of society such as the chief guests for the event Portuguese ambassador Costa and
Published 12 Apr, 2016 12:00am
Spin bowling camp under way

Spin bowling camp under way

Spin bowling consultant of the national cricket team, a specialised camp of promising spin bowlers, is underway at the National Cricket Academy. Mushtaq Ahmed is supervising the camp which will continue till April 14. Spin bowlers are receiving technical,
Published 12 Apr, 2016 12:00am
PCB honours deaf cricket team

PCB honours deaf cricket team

Pakistan Cricket Board (PCB) Chairman Shaharyar Khan honoured Pakistan Deaf cricket team which won the four-nation inaugural DICC Championship 2016 held from March 7 to 15, 2016 in the UAE. Pakistani team won three out of their four matches in the tournam
Published 12 Apr, 2016 12:00am
Pakistan Cup 2016 from April 19

Pakistan Cup 2016 from April 19

Fresh from successfully organising the HBL Pakistan Super League, Pakistan Cricket Board (PCB) has announced plans for the Pakistan Cup 2016 from April 19 to May 1, 2016 in Faisalabad. Pakistan's 75 top cricketers will take part in the Pakistan Cup 2016,
Published 12 Apr, 2016 12:00am
Flag day for English golfers at Masters

Flag day for English golfers at Masters

English golfers enjoyed their finest-ever day at the Masters on Sunday with Danny Willett winning and five Englishmen finishing in the top 10. Willett, who overturned a five-shot deficit on defending champion Jordan Spieth on the back nine to win his firs
Published 12 Apr, 2016 12:00am
Netanyahu admits Israel hit Hezbollah-bound arms in Syria

Netanyahu admits Israel hit Hezbollah-bound arms in Syria

Prime Minister Benjamin Netanyahu openly admitted Monday for the first time that Israel had attacked dozens of convoys transporting weapons in Syria destined for the Jewish state's arch-enemy Hezbollah. It was the first clear public acknowledgement by the
Published 12 Apr, 2016 12:00am
UK finance minister publishes tax details

UK finance minister publishes tax details

Britain's finance minister and the head of the main opposition Labour party on Monday released details of their most recent tax returns after days of controversy following the publication of the so-called Panama Papers. Finance minister George Osborne had
Published 12 Apr, 2016 12:00am
Cameron faces down critics over offshore dealings

Cameron faces down critics over offshore dealings

Prime Minister David Cameron defended his tax affairs and announced a deal to open up Britain's overseas tax havens on Monday as he confronted critics of his offshore dealings for the first time in parliament. Cameron this weekend became the first British
Published 12 Apr, 2016 12:00am
Iran says Russia delivers first part of S-300 defence system

Iran says Russia delivers first part of S-300 defence system

Russia has delivered the first part of an advanced missile defence system to Iran, Iranian media reported on Monday, starting to equip Tehran with technology that was blocked before it signed a deal with world powers on its nuclear programme. The S-300 su
Published 12 Apr, 2016 12:00am
Divisive Fujimori faces runoff battle to lead Peru

Divisive Fujimori faces runoff battle to lead Peru

Keiko Fujimori has vowed to unite Peru after her first-round presidential election victory, but she faces a fierce runoff battle to overcome the divisive legacy of her jailed father. The 40-year-old conservative candidate claimed a boost from Sunday's vot
Published 12 Apr, 2016 12:00am
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