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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-04-20
Treasury yields rise as oil pares losses

Treasury yields rise as oil pares losses

US Treasury yields rose on Monday as oil prices pared earlier losses and investors focused on next week's Federal Reserve meeting. Treasury prices declined on what appeared to be investors adjusting positions early on Monday, and added to losses as oil pr
Published 20 Apr, 2016 12:00am
Yemen clashes kill 13 as UN urges start of delayed talks

Yemen clashes kill 13 as UN urges start of delayed talks

Clashes between Yemeni loyalist forces and rebels have killed 13 fighters, military sources said Tuesday, as the UN chief urged warring parties to begin delayed peace talks. UN-brokered peace talks, which were set to open in Kuwait on Monday, were delayed
Published 20 Apr, 2016 12:00am
China, India move closer to military hotline

China, India move closer to military hotline

China and India are moving towards setting up a military hotline, Chinese state media reported, with a border dispute and tensions over terror sanctions still lingering over relations between the Asian giants. China "reacted positively" to the idea of set
Published 20 Apr, 2016 12:00am
Iesco CEO: Ministry makes controversial appointment

Iesco CEO: Ministry makes controversial appointment

Ministry of Water and Power has reportedly appointed Dr Rana Abdul Jabbar as Chief Executive Officer (CEO), Islamabad Electric Supply Company (Iesco), who is the most junior in the list of Superintendent Engineers after sending the senior-most officer Kha
Published 20 Apr, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 19, 2016)

Published 20 Apr, 2016 12:00am
Iesco CEO: Ministry makes controversial appointment

Iesco CEO: Ministry makes controversial appointment

Ministry of Water and Power has reportedly appointed Dr Rana Abdul Jabbar as Chief Executive Officer (CEO), Islamabad Electric Supply Company (Iesco), who is the most junior in the list of Superintendent Engineers after sending the senior-most officer Kha
Published 20 Apr, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 19, 2016).

Published 20 Apr, 2016 12:00am
Iesco CEO: Ministry makes controversial appointment

Iesco CEO: Ministry makes controversial appointment

Ministry of Water and Power has reportedly appointed Dr Rana Abdul Jabbar as Chief Executive Officer (CEO), Islamabad Electric Supply Company (Iesco), who is the most junior in the list of Superintendent Engineers after sending the senior-most officer Kha
Published 20 Apr, 2016 12:00am
Cotton production to register huge decline
Cotton

Cotton production to register huge decline

Pakistan cotton production for the outgoing season (2015-16) is likely to be missed by 35 percent and it is expected at 10.1 million bales against the initial target of 15.49 million bales. Cotton Commissioner Dr Khalid Abdullah revealed this while talkin
Published 20 Apr, 2016 12:00am
Cotton production to register huge decline
Cotton

Cotton production to register huge decline

Pakistan cotton production for the outgoing season (2015-16) is likely to be missed by 35 percent and it is expected at 10.1 million bales against the initial target of 15.49 million bales. Cotton Commissioner Dr Khalid Abdullah revealed this while talkin
Published 20 Apr, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 19, 2016).

Published 20 Apr, 2016 12:00am
Cotton production to register huge decline
Cotton

Cotton production to register huge decline

Pakistan cotton production for the outgoing season (2015-16) is likely to be missed by 35 percent and it is expected at 10.1 million bales against the initial target of 15.49 million bales. Cotton Commissioner Dr Khalid Abdullah revealed this while talkin
Published 20 Apr, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 19, 2016).

Published 20 Apr, 2016 12:00am
Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on April 19, 2016 to review the performance of the bank and approve the financial statements for the three month period ended March 31, 2016. MCB Bank reported
Published 20 Apr, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (April 19, 2016) and the forecast for Wednesday (April 20, 2016).

Published 20 Apr, 2016 12:00am
Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on April 19, 2016 to review the performance of the bank and approve the financial statements for the three month period ended March 31, 2016. MCB Bank reported
Published 20 Apr, 2016 12:00am
Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on April 19, 2016 to review the performance of the bank and approve the financial statements for the three month period ended March 31, 2016. MCB Bank reported
Published 20 Apr, 2016 12:00am
Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

Q1 results: MCB Bank posts Rs 6.021 billion profit after tax

The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on April 19, 2016 to review the performance of the bank and approve the financial statements for the three month period ended March 31, 2016. MCB Bank reported
Published 20 Apr, 2016 12:00am
Withdrawal of sovereign immunity

Withdrawal of sovereign immunity

There is a push to declassify 28 pages of the more than 800-page congressional report on 9/11 that can at present only be viewed by members of the US Congress - pages whose introduction suggests "specific sources of foreign support for some of the Septemb
Published 20 Apr, 2016 12:00am
Brutalization unlimited

Brutalization unlimited

The fair sex in the land under foreign boots is very often a fair game. And so is the case in the Indian-held Kashmir where molestation of womenfolk is a favourite pastime with more than half a million troops. The Kashmiris would invariably strongly prote
Published 20 Apr, 2016 12:00am
There's need to rein in new robber barons

There's need to rein in new robber barons

It is the budget season now. Huge demands must be pouring in from every ministry and federal department. And the FBR must be burning the midnight oil trying to come up with the most creative hike in the resource mobilisation projections for the next fisca
Published 20 Apr, 2016 12:00am
The wailing manufacturing sector

The wailing manufacturing sector

It is almost pathetic. On a regular basis we see in the Press some kind of an SOS from one group of manufacturers or another. We have no idea what the policy making whale does to these rescue appeals from the textile or auto parts or ceramic tiles or othe
Published 20 Apr, 2016 12:00am
Jewels still sparkle as Saudi faces economic challenge

Jewels still sparkle as Saudi faces economic challenge

Saudi Arabia may be facing its biggest economic challenge in years but there's little talk of falling oil revenues or austerity at Riyadh's glittering annual Jewellery Salon. Women in traditional black abaya robes stroll through the showrooms at a luxury
Published 20 Apr, 2016 12:00am
FDI and telecom sector

FDI and telecom sector

This is apropos a Business Recorder news item, "FBR urged to give telecom sector status of industry" carried by the newspaper on Sunday. According to it, the Overseas Investors Chamber of Commerce and Industry (OICCI) has asked Federal Board of Rev
Published 20 Apr, 2016 12:00am
Oil rises as Kuwaiti strike cuts output for third day

Oil rises as Kuwaiti strike cuts output for third day

Oil prices jumped more than 3 percent on Tuesday after a strike by workers in Kuwait nearly halved the Opec member's crude production, overshadowing bearish sentiment after Sunday's failure by producers to agree to freeze output levels. Thousands of Kuwai
Published 20 Apr, 2016 12:00am
US MIDDAY: gold and silver and platinum soar

US MIDDAY: gold and silver and platinum soar

Gold rose as much as 2 percent, silver hit a 10-month high and platinum climbed to its highest in six months on Tuesday, as the dollar weakened after US data came in below forecasts. US housing starts fell more than expected in March and permits for futur
Published 20 Apr, 2016 12:00am
US MIDDAY: wheat and soya jump

US MIDDAY: wheat and soya jump

US soyabean and wheat futures extended gains to fresh multimonth peaks on Tuesday, lifted largely by technical and investment fund buying, traders and analysts said. Corn also rose at the Chicago Board of Trade, with all three agriculture future contracts
Published 20 Apr, 2016 12:00am
Precious metals jump in European trade

Precious metals jump in European trade

Gold rose 2 percent, silver hit a 10-month high and platinum climbed to its highest in six months on Tuesday, as the dollar weakened after US data came in below forecast. US housing starts fell more than expected in March and permits for future home const
Published 20 Apr, 2016 12:00am
Silver surges in Asia
Exchange

Silver surges in Asia

Silver jumped 3 percent to its highest in more than 10 months on Tuesday on a softer dollar and robust buying in China, helping to lift gold by 1 percent. After quiet trading early in Asia, spot silver surged 3 percent to $16.73 an ounce, its highest sinc
Published 20 Apr, 2016 12:00am
Gold steadies in New York
Exchange

Gold steadies in New York

Gold steadied on Monday as the dollar fell against a basket of major currencies, world stock markets edged higher, and oil prices pared earlier losses that had been triggered by the failure by oil producers to agree an output freeze. Spot gold was down 0.
Published 20 Apr, 2016 12:00am
Sugar pauses after deficit-fuelled rally

Sugar pauses after deficit-fuelled rally

Raw sugar on ICE eased on Tuesday as the market consolidated after a two-day rally, with traders focused on impeachment proceedings against the president in top grower Brazil. Arabica coffee futures edged higher, supported by dry weather in Brazil, but th
Published 20 Apr, 2016 12:00am
Palm oil climbs
Vegetable Oil

Palm oil climbs

Malaysian palm oil futures rose for a second trading day to a one-week high on Tuesday, tracking competing vegetable oils, after suffering losses in the previous two weeks. The palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange
Published 20 Apr, 2016 12:00am
Wheat surges over three percent

Wheat surges over three percent

Wheat futures on the Chicago Board of Trade surged more than 3 percent on Monday, notching their biggest daily gains since October as investors liquidated a portion of the record-large short stake, traders said. Corn and soyabean futures each rose to fres
Published 20 Apr, 2016 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures rose on Tuesday, rebounding from a one-week low hit in the previous session, as higher oil prices raised risk appetite for broad commodities while a softer yen and gains in Tokyo equities also lent support. The TOCOM rubber
Published 20 Apr, 2016 12:00am
Copper rises on lower dollar, China demand hopes
Exchange

Copper rises on lower dollar, China demand hopes

Copper prices rose to a three-week high on Tuesday, reversing earlier losses after weak US data pushed the dollar lower and reinforced growing optimism over stronger demand from top consumer China. Benchmark copper on the London Metal Exchange ended up 2.
Published 20 Apr, 2016 12:00am
Shanghai copper up
Exchange

Shanghai copper up

Shanghai Futures Exchange copper finished up 0.3 percent at 36,940 yuan ($5,708) a tonne on Tuesday as a slew of supportive economic signals out of China painted an encouraging picture for demand, and risk appetite improved after a strong performance by t
Published 20 Apr, 2016 12:00am
Cotton posts biggest gain in over eight months on short-covering
Cotton

Cotton posts biggest gain in over eight months on short-covering

Cotton futures on Monday rose to their highest level in over two months and registered their biggest one-day gain in more than eight months on short covering amid reports of severe weather in South Texas. There was muted reaction to China's announcement l
Published 20 Apr, 2016 12:00am
FBR briefs Dar on budget proposals

FBR briefs Dar on budget proposals

Finance Minister Ishaq Dar Tuesday chaired a meeting to review the progress with regard to revenue side of Budget 2016-17. Chairman FBR, Nisar Mohammad Khan apprised the meeting that FBR has initiated extensive consultations with the representatives of va
Published 20 Apr, 2016 12:00am
Security alert for Punjab issued

Security alert for Punjab issued

The Federal Interior Ministry has issued a security alert in Punjab cities including Lahore. According to sources, the Ministry on Tuesday issued security alert for Punjab that terrorists in province, may strike important buildings or other targets. It ha
Published 20 Apr, 2016 12:00am
China's city helps Gwadar improve healthcare, educational facilities

China's city helps Gwadar improve healthcare, educational facilities

Chinese city of Karamay close to Pakistan's border in Xinjiang Uygur autonomous region donated goods to improve medical and educational facilities in Gwadar. Chen Xinfa, Karamay's Party chief presented an ambulance key to Babu Gulab, the chairman of the G
Published 20 Apr, 2016 12:00am
Middle East unrest: Pakistan for strong commitment

Middle East unrest: Pakistan for strong commitment

Ambassador Maleeha Lodhi told the 15 member UN Security Council that peace will not be easy to restore in Middle East unless there was a genuine commitment by all powers and parties to negotiated solutions. Speaking in a debate on the Middle East and Pale
Published 20 Apr, 2016 12:00am
PML-N pursuing politics of 'maen na manu': Sarwar

PML-N pursuing politics of 'maen na manu': Sarwar

The ruling party has faced a fresh round of attack from the former organiser of the Punjab-based Pakistan Tehreek-e-Insaf who has sarcastically said it is not his party but the Pakistan Muslim League-N which is pursuing the politics of 'Main na Manu." Cha
Published 20 Apr, 2016 12:00am
Around 45 percent of child deaths due to malnutrition: speakers

Around 45 percent of child deaths due to malnutrition: speakers

Around 45 per cent of the child deaths in Pakistan are due to malnutrition and this scenario is deteriorating in the country. It was revealed by speakers addressing on the occasion of 26th All Pakistan Food Science Conference. The conference was arranged
Published 20 Apr, 2016 12:00am
'Taxation system should be revamped to produce desired results'
Exchange

'Taxation system should be revamped to produce desired results'

Former Finance Minister Dr Salman Shah has said that it was the most appropriate time to revamp taxation system that has failed to produce desired results. Economic growth can only be achieved by reducing rate and number of taxes. Dr Salman Shah was speak
Published 20 Apr, 2016 12:00am
Cotton arrivals show 34.28 percent decline: PCGA
Cotton

Cotton arrivals show 34.28 percent decline: PCGA

Pakistan Cotton Ginners Association (PCGA) has issued the final and last figures of cotton arrival upto April 15. Seed cotton (Phutti) equivalent to over 97,68,443 bales of cotton have reached ginneries across Pakistan as of April 15, showing a decrease o
Published 20 Apr, 2016 12:00am
Neelum Jhelum hydropower project to be completed in October

Neelum Jhelum hydropower project to be completed in October

The civil works of both underground powerhouse and transformers hall of the 969 MW-Neelum Jhelum Hydropower Project are expected to be completed in October this year, as progress of civil works on these components of the project stands at 95.5 percent and
Published 20 Apr, 2016 12:00am
Art exhibition opens at MCCI

Art exhibition opens at MCCI

The Korean Ambassador Dr Song Jong-Hwan opened the Art exhibition 2016 jointly organised by Artists Association of Punjab & MCCI at Multan Chamber on Tuesday, and was thoroughly mesmerised by the work being presented by artists of Punjab. Giving the feel
Published 20 Apr, 2016 12:00am
KP chief minister condemns Mardan attack

KP chief minister condemns Mardan attack

Khyber Pakhtunkhwa Special Assistant to Chief Minister KP on Information and Higher Education Mushtaq Ahmad Ghani Tuesday strongly condemned the terrorist attack at Excise office, Mardan, adding such cowardly acts of terrorism could not shake the nation's
Published 20 Apr, 2016 12:00am
Separate business strategy for Sialkot is need of the hour
Exchange

Separate business strategy for Sialkot is need of the hour

Sialkot is important economic hub and only export-oriented city in Pakistan where 99 percent products produced and are exported to various parts of the glob. Through export, Sialkot based small and medium industries were earning foreign exchange amounting
Published 20 Apr, 2016 12:00am
PIAF concerned over non-payment of ST refund

PIAF concerned over non-payment of ST refund

The Pakistan Industrial and Traders Association Front (PIAF) has revealed its concern over non-payment of sales tax refund, customs rebate and income tax refund despite improvement in tax collection. Front Chairman Irfan Iqbal Sheikh speaking to a delegat
Published 20 Apr, 2016 12:00am
SC dismisses plea against elimination of Riba

SC dismisses plea against elimination of Riba

Dismissing a plea filed against elimination of Riba from the country's financial system on Tuesday, the apex court observed that earlier the matter had been referred for adjudication to Federal Shariat Court. Hafiz Akif Saeed, Ameer Tanzeem-e-Islami had f
Published 20 Apr, 2016 12:00am
Panama Leaks: TI Pakistan voices concern

Panama Leaks: TI Pakistan voices concern

Transparency International Pakistan expresses its serious concern on the existence of off shore companies as exposed by Panama Leaks beneficially held by citizens of Pakistan including Public Office Holders. The admission by the son of the Prime Minister
Published 20 Apr, 2016 12:00am
Corruption: Imran hails army chief's statement

Corruption: Imran hails army chief's statement

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that the entire nation backs Chief of Army Staff General Raheel Sharif's statement against corruption. While addressing a press conference on Tuesday, the PTI chief said the condition of law and
Published 20 Apr, 2016 12:00am
PPP does not want to derail democratic system: Khursheed

PPP does not want to derail democratic system: Khursheed

Leader of the Opposition in the National Assembly Khursheed Ahmed Shah said the Pakistan People's Party (PPP) does not want to derail the democratic system in the country. The Opposition Leader expressed these views while talking to media persons on Tuesd
Published 20 Apr, 2016 12:00am
Rashid, Rafiq call on JI chief

Rashid, Rafiq call on JI chief

The government has continued to consult with different political parties over Panama Leaks issue. Federal Ministers for Information and Broadcasting Pervez Rashid and Railways Minister Khwaja Saad Rafiq Tuesday called on Ameer Jamaat e Islami Sirajul Haq
Published 20 Apr, 2016 12:00am
India creating hurdles towards resumption of dialogue: Aziz

India creating hurdles towards resumption of dialogue: Aziz

Pakistan is co-operating closely with India in the investigation of the attack on Pathankot airbase and hopes that stalled bilateral talks will resume in the next few weeks. Addressing an event specially organised by the British think tank Chatham House a
Published 20 Apr, 2016 12:00am
PAC takes notice of severe irregularities in MDA

PAC takes notice of severe irregularities in MDA

Public Accounts Committee (PAC) of Khyber Pakhtunkhwa Assembly while taking strong notice of different severe irregularities in Mardan Development Authority (MDA) has directed the recovery of millions of rupees from the responsible officials. The meeting
Published 20 Apr, 2016 12:00am
TDPs: US CG, KP Governor discuss matters

TDPs: US CG, KP Governor discuss matters

Peshawar-based US Consul General William J Martin and Economic Chief in Consulate General Kathryn Hoffman called on the Khyber Pakhtunkhwa Governor Iqbal Zafar Jhagra here at Governor House, Peshawar on Tuesday. The distinguished guests remained with the
Published 20 Apr, 2016 12:00am
Pakistan must not become part of proxy wars in Middle East: experts

Pakistan must not become part of proxy wars in Middle East: experts

A leading foreign scholar and former diplomats on Tuesday cautioned Pakistan to stay away from becoming part of the Saudi-Iran proxy wars in the Middle East while expressing concerns over the recent declaration issued by the OIC Summit which strongly cond
Published 20 Apr, 2016 12:00am
Prime Minister condemns Kabul attack

Prime Minister condemns Kabul attack

Prime Minister Nawaz Sharif on Tuesday strongly condemned the terrorist attack in Kabul, terming the scourge of terrorism a major threat to peace and stability. "On behalf of the people and the Government of Pakistan and my own behalf, I strongly condemn
Published 20 Apr, 2016 12:00am
Draft clearing houses' regulations: SECP invites comments
Exchange

Draft clearing houses' regulations: SECP invites comments

The Securities and Exchange Commission of Pakistan (SECP) has invited public comments on the draft clearing Houses (Licensing and Operations) Regulations, 2016, and for this purpose, has published the said regulations in the official gazette. The document
Published 20 Apr, 2016 12:00am
PP&DD seminar today

PP&DD seminar today

Punjab Planning and Development Department Directorate General Monitoring & Evaluation will organise a seminar in order to capacitate the international/national firms and departments for fair and transparent bidding process on Wednesday (today). A governm
Published 20 Apr, 2016 12:00am
Balochistan Assembly speaker calls for steps against child abuse

Balochistan Assembly speaker calls for steps against child abuse

Balochistan Assembly Speaker Rahila Durrani Tuesday emphasised the need for taking all measures to protect the children from exploitation, violence or any other forms of abuse in the country. Addressing to concluding ceremony of a two days Consultation to
Published 20 Apr, 2016 12:00am
PPP submits calling-attention notice in National Assembly

PPP submits calling-attention notice in National Assembly

Pakistan Peoples Party (PPP) has submitted a calling attention notice in the National Assembly Secretariat against putting burden of Rs 101 billion on gas consumers for laying down the Liquefied Natural Gas (LNG) pipeline. The calling attention notice sub
Published 20 Apr, 2016 12:00am
PML-N, PPP Senators trade barbs over handling, departure of Musharraf

PML-N, PPP Senators trade barbs over handling, departure of Musharraf

The lawmakers in Senate on Tuesday vented their anger on the government for allowing former military strongman General Pervez Musharraf to go aboard for treatment, saying that his departure changed the political narrative of the country. Speaking on a mot
Published 20 Apr, 2016 12:00am
Common man's woes: President praises role of Federal Ombudsman

Common man's woes: President praises role of Federal Ombudsman

President Mamnoon Hussain has said that the Wafaqi Mohtasib Secretariat should continue efforts for providing expeditious relief to common man by dispensing justice at their doorstep. The President was talking to Federal Ombudsman Salman Faruqui who calle
Published 20 Apr, 2016 12:00am
Dairy sector makes five major budget proposals

Dairy sector makes five major budget proposals

The dairy sector has made five major budget proposals before the National Assembly Standing Committee on Finance including continuation of zero-rating regime, re-transposition of dairy products form 8th Schedule to 5th Schedule of the Sales Tax Act 1990,
Published 20 Apr, 2016 12:00am
PPP KP delegation calls on Bilawal

PPP KP delegation calls on Bilawal

A Pakistan Peoples Party Khyber Pakhtunkhwa chapter led by former member National Assembly Noor Alam Khan and former deputy Speaker National Assembly Faisal Karim Kundi called on PPP Chairman Bilawal Bhutto Zardari at Zardari House Islamabad on Tuesday. T
Published 20 Apr, 2016 12:00am
Last month was hottest March in modern times: US

Last month was hottest March in modern times: US

Last month marked the hottest March in modern history and the 11th consecutive month in which a monthly global temperature record was broken, US officials said Tuesday. Officials at the National Oceanic and Atmospheric Administration (NOAA) said that the
Published 20 Apr, 2016 12:00am
Injured Aussie Hastings out of IPL

Injured Aussie Hastings out of IPL

Australian all-rounder John Hastings has been ruled out of the rest of the Indian Premier League with an ankle injury, raising concerns about his fitness for the upcoming tour of the West Indies. Hastings played two matches for his IPL side Kolkata Knight
Published 20 Apr, 2016 12:00am
Transport security focus at London counter-terror fair

Transport security focus at London counter-terror fair

A red line appears on the computer screen as a man with a dummy gun and a fake suicide vest under his jacket demonstrates a body scanner at a counter-terrorism technology fair in London on Tuesday. Unlike traditional airport security gates, the scanner ca
Published 20 Apr, 2016 12:00am
UN chief opens new building for under-fire ICC

UN chief opens new building for under-fire ICC

UN chief Ban Ki-moon Tuesday made a powerful plea for nations everywhere to end impunity for the world's worst crimes, as he officially opened the new premises of the International Criminal Court. The first permanent headquarters for the ICC, situated on
Published 20 Apr, 2016 12:00am
21 die in boat capsize off Myanmar: UN

21 die in boat capsize off Myanmar: UN

At least 21 people including nine children died after a boat capsized in rough waters off the coast of Myanmar's restive Rakhine state on Tuesday, a UN spokesman said. The vessel was transporting around 60 passengers from a camp to a local market, accordi
Published 20 Apr, 2016 12:00am
Turkey kills 32 IS fighters in Iraq after attack on tank: report

Turkey kills 32 IS fighters in Iraq after attack on tank: report

The Turkish army killed 32 suspected fighters from the Islamic State group in northern Iraq on Tuesday following an attack on one of its tanks, Turkish media reported. Turkish troops destroyed a building used by IS, killing 10 jihadists, and then killed a
Published 20 Apr, 2016 12:00am
Hollande 'worried' over Syria talks, pledges Jordan support

Hollande 'worried' over Syria talks, pledges Jordan support

French President Francois Hollande said Tuesday that the Syrian opposition's decision to suspend participation in peace talks was "worrying", as he offered to support Jordan in dealing with refugees fleeing the five-year conflict. Speaking a day after Syr
Published 20 Apr, 2016 12:00am
Palmyra arch rises again in London's Trafalgar Square

Palmyra arch rises again in London's Trafalgar Square

A replica of one of the most iconic monuments destroyed by Islamic State (IS) jihadists in the ancient Syrian city of Palmyra was unveiled in London's Trafalgar Square Tuesday. The six-metre (20 feet) tall scale recreation of the Triumphal Arch is made of
Published 20 Apr, 2016 12:00am
Colombia leader says peace offers 'golden opportunity' on drug trade

Colombia leader says peace offers 'golden opportunity' on drug trade

President Juan Manuel Santos says Colombia has a "golden opportunity" to uproot the drug trade in this world hub of cocaine production, once a 50-year conflict with leftist insurgents is put to rest. Lasting change, however, also requires a new internatio
Published 20 Apr, 2016 12:00am
Bank of Korea holds rates for 10th straight month

Bank of Korea holds rates for 10th straight month

South Korea's central bank kept interest rates untouched on Tuesday for a 10th straight month, and its governor stressed that the current rate level supports economic growth, although a lowered growth forecast for this year kept expectations of a rate cut
Published 20 Apr, 2016 12:00am
Greece expects Eurostat data to help conclude bailout review

Greece expects Eurostat data to help conclude bailout review

The Greek government said on Tuesday that European data this week will confirm it performed better than expected last year and help conclude a review of its reforms, adding that it would only implement more measures if it missed its 2018 targets. A succes
Published 20 Apr, 2016 12:00am
Inzamam urges patience as Pakistan rebuild

Inzamam urges patience as Pakistan rebuild

Former Pakistan cricket captain Inzamam-ul-Haq has called for patience as he begins his new role as chief selector and says there is no quick fix to solving the side's problems. Pakistan rose to number two in the test rankings last year after series wins
Published 20 Apr, 2016 12:00am
GGC Mardan win overall trophy in Inter-College Games

GGC Mardan win overall trophy in Inter-College Games

Girls College (GGC) Mardan clinched the overall trophy of the Inter-College Girls Games held under the aegis of the Directorate of Sports Board of Intermediate and Secondary Education (BISE) Mardan here Tuesday. Chairman, BISE Mardan Mushtaq Ahmad, Secret
Published 20 Apr, 2016 12:00am
Moscow get thumbs up from Infantino over 2018 World Cup preparations

Moscow get thumbs up from Infantino over 2018 World Cup preparations

FIFA president Gianni Infantino on Tuesday expressed his satisfaction with Moscow's preparations for the 2018 World Cup during his first visit to Russia since being elected chief of world football's governing body. "It is truly impressive, so impressive t
Published 20 Apr, 2016 12:00am
Japan player yanked from squad as casino scandal deepens

Japan player yanked from squad as casino scandal deepens

Japan's crisis-hit national badminton team suffered a further blow Tuesday after another player was yanked from its roster in the wake of an illegal casino scandal. The Nippon Badminton Association said it removed 21-year-old Kenta Nishimoto from the squa
Published 20 Apr, 2016 12:00am
South Africa players against day-night Test

South Africa players against day-night Test

South Africa are reluctant to play a day-night Test during their tour of Australia as they have no experience with the pink ball, the Proteas' players association chief has said. South Africa will tour Australia in a three-Test series in the home summer a
Published 20 Apr, 2016 12:00am
Rousseff says 2016 Games ahead of schedule

Rousseff says 2016 Games ahead of schedule

Preparations for the 2016 Olympic Games in Rio de Janeiro are ahead of schedule despite the economic slump in Brazil, the country's president Dilma Rousseff insisted on Tuesday. "The Games are in a totally adequate situation, we're even a little ahead of
Published 20 Apr, 2016 12:00am
PCB expresses disappointment over West Indies Board's refusal

PCB expresses disappointment over West Indies Board's refusal

Pakistan Cricket Board (PCB) has expressed disappointment at West Indies Cricket Board's refusal to play a limited over series in Pakistan between September and October this year. Sources in the PCB said that the West Indies board has informed that they p
Published 20 Apr, 2016 12:00am
UEFA to use Hawk-Eye goal-line technology at Euro 2016

UEFA to use Hawk-Eye goal-line technology at Euro 2016

UEFA have announced that Hawk-Eye will provide the goal-line technology (GLT) at the European Championship in France in June and July. European football's governing body approved the use of the technology in January and have now chosen Hawk-Eye ahead of t
Published 20 Apr, 2016 12:00am
National Golf Championship from April 21

National Golf Championship from April 21

The 55th Amateur Golf Championship will tee off on Thursday (April 21) here at Defence Raya Golf and Country Club Golf Course. Skilled golfers seeking the amateur national golf title from all over Pakistan and champions from Afghanistan, Bangladesh and Ir
Published 20 Apr, 2016 12:00am
Pochettino proud as 'perfect' Spurs maintain title charge

Pochettino proud as 'perfect' Spurs maintain title charge

Tottenham Hotspur manager Mauricio Pochettino believes his side delivered the "perfect" message to Premier League leaders Leicester City after an emphatic 4-0 win at Stoke City saw them close the gap at the top of the table to five points. Leicester's 2-2
Published 20 Apr, 2016 12:00am
Commodity currencies rise, yen slips in Asia
Currency

Commodity currencies rise, yen slips in Asia

Commodity currencies rose on Tuesday with the Australian dollar hitting a 10-month high while the yen edged lower after oil prices appeared to stabilise from a sharp slide, underpinning risk sentiment. The Australian dollar touched a high of $0.7784 at on
Published 20 Apr, 2016 12:00am
Southeast Asian stocks mixed

Southeast Asian stocks mixed

Southeast Asian stock markets traded mixed on Tuesday with the Thai index extending gains to close at its highest since November 4, while stocks in the Philippines were down amid uncertainty ahead of a presidential election in May. Thailand's SET index ga
Published 20 Apr, 2016 12:00am
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