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Print - 2016-11-03
China stocks dip

China stocks dip

China stocks ended lower on Wednesday as investors sought shelter after a global selloff in riskier assets amid increasing nervousness over a tightening US presidential race. The blue chip CSI300 index fell 0.8 percent to 3,333.35 points, while the Shangh
Published 03 Nov, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 Nov, 2016 12:00am
New York Times sees digital gains, but profit evaporates

New York Times sees digital gains, but profit evaporates

The New York Times Co saw profits evaporate in the third quarter due to one-time costs and a steep drop in print advertising revenues, results showed Wednesday. The prestigious US daily publisher reported a profit of $406,000 - down 96 percent from the $9
Published 03 Nov, 2016 12:00am
New York Times sees digital gains, but profit evaporates

New York Times sees digital gains, but profit evaporates

The New York Times Co saw profits evaporate in the third quarter due to one-time costs and a steep drop in print advertising revenues, results showed Wednesday. The prestigious US daily publisher reported a profit of $406,000 - down 96 percent from the $9
Published 03 Nov, 2016 12:00am
New York Times sees digital gains, but profit evaporates

New York Times sees digital gains, but profit evaporates

The New York Times Co saw profits evaporate in the third quarter due to one-time costs and a steep drop in print advertising revenues, results showed Wednesday. The prestigious US daily publisher reported a profit of $406,000 - down 96 percent from the $9
Published 03 Nov, 2016 12:00am
Shippers fume as containers hijacked to block protests

Shippers fume as containers hijacked to block protests

Business leaders complained Wednesday of losing millions of dollars to the government's novel way of containing protesters: by confiscating thousands of shipping containers, many still full of goods, to block roads.
Published 03 Nov, 2016 12:00am
Khattak for bringing 'corrupt rulers' to justice

Khattak for bringing 'corrupt rulers' to justice

KP CM Pervez Khattak has said that their resolve unshaken to bring corrupt rulers to justice adding to that their mission is to take this struggle to its logical end. He was addressing PTI workers on Swabi Motorway before his departure to Islamabad for pa
Published 03 Nov, 2016 12:00am
Dar orders strengthening of AML/CFT regime

Dar orders strengthening of AML/CFT regime

Federal Minister for Finance, Senator Mohammad Ishaq Dar while appreciating the performance of Financial Management Unit (FMU) has directed to further strengthen the Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT) regime in Pakistan in co
Published 03 Nov, 2016 12:00am
Global IDD prevention day observed

Global IDD prevention day observed

Global Iodine Deficiency Disorders (IDD) prevention day or world iodine deficiency day observed in the agency headquarters hospital Ghalanai. Inauguration ceremony of IDD day were attended by Assistant political agent Upper Mohmand Agency, Haseeb-Ur-Rehma
Published 03 Nov, 2016 12:00am
LHC disposes of PTI's plea against arrests

LHC disposes of PTI's plea against arrests

The Lahore High Court on Wednesday disposed of as withdrawn a petition of Pakistan Tehreek-e-Insaaf against arrest its workers. Earlier, a law officer said that 748 workers of PTI were detained ahead of its rally to Islamabad. He said 147 workers were det
Published 03 Nov, 2016 12:00am
PKLI: CM reviews construction work

PKLI: CM reviews construction work

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a high-level meeting, here Wednesday which reviewed the matters regarding construction work of Pakistan Kidney & Liver Transplant Institute and Research Center (PKLI).
Published 03 Nov, 2016 12:00am
Pak-Qatar Takaful Group selects Oracle

Pak-Qatar Takaful Group selects Oracle

Pak-Qatar Takaful Group has chosen Oracle Database Appliance (ODA) twinned with Oracle Database 12c to efficiently meet the needs of their increasing business requirements and rapid product changes. With a population base of more than 200 million majority
Published 03 Nov, 2016 12:00am
Pak-Qatar Takaful Group selects Oracle

Pak-Qatar Takaful Group selects Oracle

Pak-Qatar Takaful Group has chosen Oracle Database Appliance (ODA) twinned with Oracle Database 12c to efficiently meet the needs of their increasing business requirements and rapid product changes. With a population base of more than 200 million majority
Published 03 Nov, 2016 12:00am
PML-N has always accepted decisions of judiciary: Shahbaz

PML-N has always accepted decisions of judiciary: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif here Wednesday said that 200 million people of Pakistan have achieved victory. He said there had been no justification of protest after the case regarding Panama Leaks became sub judicial. He said people of Pa
Published 03 Nov, 2016 12:00am
PAFDA: Shahbaz for greater participation of private sector

PAFDA: Shahbaz for greater participation of private sector

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a meeting of board members of Punjab Agriculture, Food & Drug Authority (PAFDA) here Wednesday. He expressed his indignation over large number of members of government sector on the board of the
Published 03 Nov, 2016 12:00am
US backs freedom of expression, right to protest

US backs freedom of expression, right to protest

The United States on Wednesday said it supports freedom of expression and the right to protest in Pakistan. Speaking at daily news briefing, the State Department spokesman John Kirby said that the US was aware of reports about protest activity in Pakistan
Published 03 Nov, 2016 12:00am
Seminar on breast cancer held

Seminar on breast cancer held

Commu-nity Services Society of The University of Faisalabad has organised "Breast Cancer Awareness Seminar" at Health Sciences Campus. Eminent Oncologist, Captain Dr Kashifa Ahsan from Shaukat Khanum Memorial Cancer Hospital shared her clinical insight wi
Published 03 Nov, 2016 12:00am
Three criminals killed, arms recovered

Three criminals killed, arms recovered

Three accused of target killing and other serious crimes were killed and arms recovered after exchange of fire with police here on Wednesday.
Published 03 Nov, 2016 12:00am
MQM-P greets Rauf Siddiqui on his release

MQM-P greets Rauf Siddiqui on his release

MQM Pakistan leader Farooq Sattar on Wednesday felicitated Rauf Siddiqui after his release from jail and hoped that Karachi mayor Wasim Akhtar and other detained leaders, and workers would also be freed soon. "We felicitate Rauf Siddiqui on his release. T
Published 03 Nov, 2016 12:00am
PM forms body to probe Gaddani tragedy

PM forms body to probe Gaddani tragedy

Prime Minister Nawaz Sharif on Wednesday formed a committee headed by the Minister for Defence Production Rana Tanveer Hussain to investigate the incident at Gaddani shipyard resulting in loss of lives. Terming the tragedy as "very unfortunate", the Prime
Published 03 Nov, 2016 12:00am
Wellness awareness programme hosted

Wellness awareness programme hosted

With the objective to promote healthier lifestyles, MantahaaMaqsood and Pomme Amina Gohar hosted a first of its kind wellness awareness programme amidst Karachi based socialites and corporate representatives seeking to improve their overall health, fitnes
Published 03 Nov, 2016 12:00am
'Pakistanis in Denmark will be able to get dual nationality'

'Pakistanis in Denmark will be able to get dual nationality'

More than 20,000 Overseas Pakistanis living in Denmark will be able to get dual nationality with the intervention of Federal Ombudsman M Salman Faruqui. Hafiz Ahsaan Ahmad Khokhar, Senior Adviser Law and Grievance Commissioner for Overseas Pakistanis to M
Published 03 Nov, 2016 12:00am
CM, Governor Punjab review development projects

CM, Governor Punjab review development projects

Punjab Chief Minister Muhammad Shahbaz Sharif and Governor Punjab Muhammad Rafique Rajwana held a meeting, here Wednesday, during which ongoing development projects for the welfare of the masses were discussed.
Published 03 Nov, 2016 12:00am
Low breastfeeding rates lead to stunted growth 'crisis'

Low breastfeeding rates lead to stunted growth 'crisis'

Mother-of-seven Mah Pari lives in a fertile region of Balochistan province - but her two-year-old son, Gul Mir, is crying from hunger as she cradles him in her arms. "All my babies were weak after they were born. Maybe it is because my breast milk is not
Published 03 Nov, 2016 12:00am
Vohra vows to work for child rights

Vohra vows to work for child rights

Deputy Mayor Karachi Dr Arshad Vohra on Wednesday vowed to work on child labor issues to ensure their rights as per international practices. During a meeting with a human right delegation at his office, Vohra said the local bodies' government would arrang
Published 03 Nov, 2016 12:00am
Shortcomings in PESs, Blood Transfusion Centre ascertained

Shortcomings in PESs, Blood Transfusion Centre ascertained

Additional Chief Secretary Punjab Shamail Ahmad Khawaja along with the members of his entourage selected for the tour of Turkey Wednesday visited Punjab Emergency Services (PESs) Headquarter and Punjab Blood Transfusion Centre Lahore to ascertain the shor
Published 03 Nov, 2016 12:00am
Russia tells rebels to leave Aleppo by Friday evening

Russia tells rebels to leave Aleppo by Friday evening

Russia on Wednesday told anti-government rebels holed up in Syria's Aleppo to leave by Friday evening, signalling it would extend a moratorium on air strikes against targets inside the city. The Russian Defence Ministry, which is helping forces loyal to P
Published 03 Nov, 2016 12:00am
US strike kills Qaeda 'attack planner' in Syria: Pentagon

US strike kills Qaeda 'attack planner' in Syria: Pentagon

A US drone strike in Syria last month killed an al Qaeda member with ties to the organisation's senior leadership, the Pentagon said Wednesday. The October 17 strike near Idlib north-western Syria killed Haydar Kirkan, who "was intent on plotting and carr
Published 03 Nov, 2016 12:00am
Zuma probe finds alleged criminal activity

Zuma probe finds alleged criminal activity

South Africa's anti-corruption watchdog Wednesday called for prosecutors to investigate alleged criminal activity as it released a report into President Jacob Zuma that fuelled further calls for him to resign.
Published 03 Nov, 2016 12:00am
Tehran former prosecutor given 135 lashes

Tehran former prosecutor given 135 lashes

Tehran's notorious former chief prosecutor, Said Mortazavi, has been sentenced to 135 lashes for misappropriation and waste of public money while head of Iran's welfare programme, Iranian media reported Wednesday.
Published 03 Nov, 2016 12:00am
Sri Lanka removes spy chief after Jaffna unrest

Sri Lanka removes spy chief after Jaffna unrest

Sri Lanka's army Wednesday replaced its intelligence chief as the government accused the military of involvement in a wave of unrest in the ethnic minority Tamil heartland of Jaffna. The army announced the removal of intelligence director Suresh Sallay af
Published 03 Nov, 2016 12:00am
Iranian leader slams 'catastrophic' US election

Iranian leader slams 'catastrophic' US election

Iran's supreme leader said Wednesday that the level of debate between the US presidential election frontrunners showed the "catastrophe" of American politics and warned against any further negotiations with Washington. "These two candidates (Hillary Clint
Published 03 Nov, 2016 12:00am
No more homework! Spanish parents go on strike

No more homework! Spanish parents go on strike

Children have long complained about homework but parents in Spain are now joining in and have decided to go on strike against their offspring's school load for the whole month of November.
Published 03 Nov, 2016 12:00am
Staff shut out of Moscow Amnesty office

Staff shut out of Moscow Amnesty office

Amnesty International said Wednesday Russian authorities had shut them out of their office in Moscow, with city authorities citing rent arrears. The global human rights campaign group said that the locks had been changed and the alarm system switched off
Published 03 Nov, 2016 12:00am
Spain ambassador to Afghanistan probed over embassy attack

Spain ambassador to Afghanistan probed over embassy attack

Spain's National Court said Wednesday it was investigating the country's ambassador to Afghanistan and his former deputy for alleged security flaws after an attack on the Kabul embassy last year that left six dead. Four Afghan policemen and two of their S
Published 03 Nov, 2016 12:00am
Kiwi surges, Aussie pauses
Currency

Kiwi surges, Aussie pauses

The New Zealand dollar touched a two-week high on Wednesday after the country's jobless rate dropped to near eight-year lows last quarter, fuelling speculation the central bank's easing cycle may be almost done. The New Zealand dollar climbed 0.4 percent
Published 03 Nov, 2016 12:00am
Sterling hits three-week high against dollar
Currency

Sterling hits three-week high against dollar

The pound jumped to its highest in three weeks against the dollar on Wednesday, as investors sold the greenback on worries that Donald Trump could win the US presidential election next week. With opinion polls narrowing, investors are rethinking long-held
Published 03 Nov, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 78.44-78.46 (previous 78.45-78.46).
Published 03 Nov, 2016 12:00am
Cut-throat US presidential race hits Asia FX
Currency

Cut-throat US presidential race hits Asia FX

Most emerging Asian currencies lost ground on Wednesday as global investors shunned riskier assets with the US presidential election race tightening just days ahead of the Nov. 8 vote. South Korea's won hit a near four-month low on heavy selling from offs
Published 03 Nov, 2016 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee closed lower on Wednesday due to dollar demand from importers, dealers said, even as the market shrugged off comments by the country's central bank chief about the stability of the currency in the short term. Central Bank of Sri Lanka
Published 03 Nov, 2016 12:00am
Dollar falls against euro, rallies against peso in New York
Currency

Dollar falls against euro, rallies against peso in New York

The US dollar hit its lowest level in nearly three weeks against the euro on Tuesday on US political uncertainty, while the Mexican peso hit a more than three-week low on fears that Republican Donald Trump might win the US presidential election.
Published 03 Nov, 2016 12:00am
Early trade in New York: dollar slumps against majors
Currency

Early trade in New York: dollar slumps against majors

The US dollar hit its lowest level in more than three weeks against the euro, yen, Swiss franc and sterling on Wednesday on continued nervousness about a potential victory for US Republican presidential candidate Donald Trump next week.
Published 03 Nov, 2016 12:00am
Yen and franc surge in Europe
Currency

Yen and franc surge in Europe

The dollar slumped and the Swiss franc and Japanese yen surged on Wednesday as investors worried by the prospect of a Donald Trump victory in next week's US presidential election sought out safe havens for their money.
Published 03 Nov, 2016 12:00am
Dollar slumps in Asia
Currency

Dollar slumps in Asia

The dollar slumped on Wednesday as the US presidential election increasingly looked too close to call, jangling investors' nerves and fuelling demand for perceived havens such as the Japanese yen.
Published 03 Nov, 2016 12:00am
Aid workers 'brace for worst' from Mosul battle

Aid workers 'brace for worst' from Mosul battle

More than one million civilians in Mosul are in grave danger and aid workers are "bracing for the worst", a relief group said Wednesday, after Iraqi forces reached the jihadist-held city. Just over two weeks into the offensive to retake the last Iraqi cit
Published 03 Nov, 2016 12:00am
Venezuela opposition says Maduro trying to divide it

Venezuela opposition says Maduro trying to divide it

A top Venezuelan opposition leader accused President Nicolas Maduro on Wednesday of trying to divide his enemies to undermine talks on defusing the country's political crisis. Jesus Torrealba, secretary general of the main opposition coalition, the Democr
Published 03 Nov, 2016 12:00am
High Court to rule Thursday on Brexit challenge

High Court to rule Thursday on Brexit challenge

The High Court will decide Thursday whether the British government has the right to trigger the process for leaving the EU without the prior authorisation of parliament, in a ruling that could delay Brexit. The verdict by three senior judges will be close
Published 03 Nov, 2016 12:00am
Uber hits road with overhauled smartphone app

Uber hits road with overhauled smartphone app

Uber on Wednesday began rolling out an overhauled smartphone application that uses artificial intelligence in a bid to speed up and improve the ride-sharing experience. The update is the first major overhaul for the popular application since 2012 and aims
Published 03 Nov, 2016 12:00am
South Korea names new PM, finance minister
Currency

South Korea names new PM, finance minister

South Korea's presidential office on Wednesday named a new prime minister and finance minister, the highest-level shake-up since President Park Geun-hye's administration was rocked by a scandal involving a friend accused of meddling in state affairs.
Published 03 Nov, 2016 12:00am
Duterte sets 17 Vietnamese fishermen free

Duterte sets 17 Vietnamese fishermen free

President Rodrigo Duterte on Wednesday personally saw off 17 Vietnamese fishermen who had trespassed in Philippine waters, after ordering their release in a gesture of friendship towards Hanoi. Duterte ordered the release of the 17 men, who were apprehend
Published 03 Nov, 2016 12:00am
Last 'Jungle' children bussed to shelters around France

Last 'Jungle' children bussed to shelters around France

Over 1,600 unaccompanied minors left in Calais after the demolition of the infamous "Jungle" migrant camp were bussed to shelters across France on Wednesday, even as many still hoped to be admitted to Britain.
Published 03 Nov, 2016 12:00am
Quetta WCCI urges PM to fulfil promises regarding CPEC

Quetta WCCI urges PM to fulfil promises regarding CPEC

Women Chamber of Commerce & Industry Quetta (WCCI) on Wednesday demanded that Prime Minister Nawaz Sharif may remove concerns of the Pashtuns and Balochs regarding China-Pakistan Economic Corridor (CPEC).
Published 03 Nov, 2016 12:00am
Around 26,500 litres of smuggled Iranian diesel seized, claims MCC

Around 26,500 litres of smuggled Iranian diesel seized, claims MCC

Model Customs Collectorate (MCC), Preventive on Wednesday claimed to have seized around 26,500 litres of smuggled Iranian diesel near the coast of Karachi. This was stated by Chief Collector Muhammad Zahid Khokar along with Collector Preventive Saifuddin
Published 03 Nov, 2016 12:00am
Old-design banknotes being demonetised from December 1

Old-design banknotes being demonetised from December 1

All old-design banknotes will cease to be legal tender with effect from 1st December, 2016. The Rs 5 banknote and the old-design Rs 500 banknote have already been demonetized and the State Bank of Pakistan has issued a new design banknote series which sta
Published 03 Nov, 2016 12:00am
Arms cache unearthed in graveyard

Arms cache unearthed in graveyard

Rangers on Tuesday night unearthed a huge cache of arms and ammunition dumped in Karachi's Sakhi Hassan graveyard, sources said. According to details, Rangers, together with intelligence personnel, reached the graveyard and surrounded it with the help of
Published 03 Nov, 2016 12:00am
'Sindh government to provide pollution-free atmosphere'

'Sindh government to provide pollution-free atmosphere'

The Sindh Government has decided to ensure solid waste management under which landfill sites will be allotted for disposal of waste with objective to provide health environment and save the people from different deadly diseases like cancer, hepatitis and
Published 03 Nov, 2016 12:00am
Dr Asim to be released soon: Sindh chief minister

Dr Asim to be released soon: Sindh chief minister

Chief Minister Sindh Syed Murad Ali Shah has said that Dr Asim Hussain was political prisoner and he would be released soon by the courts. Talking to media persons after visiting Dr Asim Hussain at Jinnah Postgraduate Medical Center (JPMC), chief minister
Published 03 Nov, 2016 12:00am
Mian Ahmed elected APSEA chairman

Mian Ahmed elected APSEA chairman

Mian Muhammad Ahmed has been elected as Chairman All Pakistan Solvent Extractors Association (APSEA) for the term 2016-17. He is a leading industrialist, having Solvent and Extraction industry in Site and Port Qasim, Karachi.
Published 03 Nov, 2016 12:00am
JS Bank sponsors TEDX Lahore Women

JS Bank sponsors TEDX Lahore Women

JS Bank sponsored "TEDx Lahore Women" held at a local university in Lahore. TEDx is known to be a platform for motivational and inspirational talks about current trends and happenings. It is a reputable forum where speakers raise their voices to enlighten
Published 03 Nov, 2016 12:00am
Two women dead as roof caves in

Two women dead as roof caves in

At least two women died and three others were injured when roof of a private clinic collapsed here on Wednesday. Police said that dilapidated roof of a private medical clinic located in Milad Park locality of Bannu suddenly came down. Five women who had c
Published 03 Nov, 2016 12:00am
APTMA seeks removal of four percent duty on cotton import
Cotton

APTMA seeks removal of four percent duty on cotton import

All Pakistan Textile Mills Association (APTMA) is seeking removal of four percent custom duty on import of raw cotton to meet the domestic demand. Zahid Mazhar, Senior Vice Chairman APTMA, said on Wednesday that despite APTMA demand, the government is not
Published 03 Nov, 2016 12:00am
Resolution of energy, environmental issues urged

Resolution of energy, environmental issues urged

The national and international experts have underlined the need for resolving the issues of energy and environmental challenges for sustainable development in Pakistan as according to them no goal of development can be achieved for the betterment of the p
Published 03 Nov, 2016 12:00am
Mukhtaran Mai walks the fashion runway

Mukhtaran Mai walks the fashion runway

Gang-raped and paraded naked in public 14 years ago, Mukhtar Mai walked the fashion runway during fashion week on Tuesday. A red-carpet reception in Karachi, attended by the country's fashion elite, served as the forum for Mai's symbolic fashion debut-som
Published 03 Nov, 2016 12:00am
Gang involved in various crimes held

Gang involved in various crimes held

The Rangers Sindh claimed to have arrested a gang involved in various crimes, here on Wednesday. A Rangers spokesman said the force conducted raids at different parts of Malir Town on reliable information that led to arrest of a gang involved in taking br
Published 03 Nov, 2016 12:00am
Khurram Tariq made MIEA chairman

Khurram Tariq made MIEA chairman

Dr Khurram Tariq, CEO Kay & Emms (Pvt) Ltd has been elected as Chairman, while Hamid Rashid CEO S M Textile and Muhammad Idrees Pansota, Director Lyallpur Fashions as Vice Chairmen of Millat Industrial Estate Association for two years (2016-18).
Published 03 Nov, 2016 12:00am
FTSE slips to one-month low on US election jitters

FTSE slips to one-month low on US election jitters

Britain's top share index slipped to a one-month low on Wednesday as global equities suffered from nerves over the upcoming US presidential election and Standard Chartered was hit by broker downgrades.
Published 03 Nov, 2016 12:00am
SE Asian stocks down on US election

SE Asian stocks down on US election

Southeast Asian stock markets ended lower on Wednesday, tracking Asian peers, with the Philippines losing over 2 percent as the likelihood of a tight US presidential race and concerns over the outcome of the Federal Reserve meeting spooked sentiment.
Published 03 Nov, 2016 12:00am
'Big Four' banks lead Australian shares lower

'Big Four' banks lead Australian shares lower

Australian shares fell on Wednesday, weighed down by selling of the "Big Four" banks and growing aversion to riskier assets ahead of a US Federal Reserve policy decision later in the day and the US presidential election next week.
Published 03 Nov, 2016 12:00am
European shares end at over three-month low

European shares end at over three-month low

European shares fell for the eighth straight day on Wednesday, driven downward by signs of a tightening race for the US presidency next week and a drop in A.P. Moller-Maersk after disappointing results. The STOXX 600 index slid 1.1 percent to its lowest s
Published 03 Nov, 2016 12:00am
Tokyo shares down as 'Trump risk' scares investors

Tokyo shares down as 'Trump risk' scares investors

Tokyo shares closed lower Wednesday, extending a global selloff sparked by an opinion poll that put Donald Trump slightly ahead of his market-favoured Democratic rival Hillary Clinton in the US presidential race. The ABC News/Washington Post tracking poll
Published 03 Nov, 2016 12:00am
European wheat prices rise to two-month high

European wheat prices rise to two-month high

European wheat prices rose to a new two-month high on Monday in the wake of a rally on US markets and support from strong demand for German wheat. December milling wheat on Paris-based Euronext unofficially closed up 0.9 percent at 166 euros a tonne after
Published 03 Nov, 2016 12:00am
Malaysia signs 'landmark' deal to buy China warships

Malaysia signs 'landmark' deal to buy China warships

Malaysia will buy four combat vessels from China in a "landmark" defence deal, Prime Minister Najib Razak said, signalling a potential strategic shift away from the United States. The agreement marked the first time Kuala Lumpur had purchased warships fro
Published 03 Nov, 2016 12:00am
Japan announces nearly $8 billion for Myanmar development

Japan announces nearly $8 billion for Myanmar development

Japanese Prime Minister Shinzo Abe on Wednesday announced nearly $8 billion in aid, loans and investment to promote development and reconciliation in Myanmar after talks with its de facto leader Aung San Suu Kyi. The 800 billion yen ($7.7 billion) package
Published 03 Nov, 2016 12:00am
IMF cuts growth forecasts for Baltic countries

IMF cuts growth forecasts for Baltic countries

The International Money Fund cut its 2016 and 2017 growth forecasts for the Baltic countries on Wednesday, and warned that shrinking corporate profit margins were a risk to their longer-term economic growth.
Published 03 Nov, 2016 12:00am
Australia budget gets China gift, may save credit ratings crown

Australia budget gets China gift, may save credit ratings crown

An odd mix of policy action in China and policy failure at home is proving an unlikely tonic for Australia's growing budget deficit, perhaps even enough to forestall a near-term downgrade of the country's pristine AAA credit rating
Published 03 Nov, 2016 12:00am
Elephant poaching costs Africa tourism $25 million

Elephant poaching costs Africa tourism $25 million

Stopping the killing of elephants for their tusks could add some $25 million (23 million euros) to Africa's annual tourism income, more than offsetting the anti-poaching spend, a study said Tuesday.
Published 03 Nov, 2016 12:00am
New Zealand employment surges, but wage growth still slow

New Zealand employment surges, but wage growth still slow

New Zealand's jobless rate dropped to near eight-year lows last quarter as employment blew past all expectations, yet stubbornly low wage growth meant the broadly strong numbers were still no bar to another cut in interest rates.
Published 03 Nov, 2016 12:00am
West Indies on brink of consolation victory

West Indies on brink of consolation victory

Skipper Jason Holder took a maiden five-wicket haul and opener Kraigg Brathwaite stood firm in a tense chase to bring West Indies in sight of a consolation win in the third and final Test against Pakistan in Sharjah on Wednesday.
Published 03 Nov, 2016 12:00am
UK's PM savages FIFA over poppy issue

UK's PM savages FIFA over poppy issue

British Prime Minister Theresa May branded FIFA's opposition to England and Scotland players wearing poppies on their shirts in the 2018 World Cup qualifier on Armistice Day as 'outrageous'.
Published 03 Nov, 2016 12:00am
All-Pakistan Women Cricket: Mardan defeat Peshawar White

All-Pakistan Women Cricket: Mardan defeat Peshawar White

Right-arm medium fast bowler Nadra steered Mardan to three wickets victory before finishing four wickets for 11 runs in her three overs spell on Wednesday in the ongoing 2nd All-Pakistan Twenty20 Women Cricket Tournament being played here at Arbab Niaz Cr
Published 03 Nov, 2016 12:00am
Sri Lanka post crushing win

Sri Lanka post crushing win

Rangana Herath and Dilruwan Perera took three wickets apiece to break Zimbabwe's resistance and secure a 225-run victory for Sri Lanka in the first Test at Harare Sports Club on Wednesday.
Published 03 Nov, 2016 12:00am
Nishikori lands milestone win

Nishikori lands milestone win

Japanese fifth seed Kei Nishikori claimed his 300th career win on Wednesday, beating Serbia's Viktor Troicki 6-2, 7-5 to reach the last 16 of the Paris Masters. Nishikori, who is set to make his third appearance at the end-of-season Tour finals this month
Published 03 Nov, 2016 12:00am
Team management for New Zealand tour announced

Team management for New Zealand tour announced

Pakistan Cricket Board (PCB) Wednesday announced the Team Management for New Zealand tour starting from November 17. Azhar Mahmood has been assigned bowling coach for a period of two years effective from November 1, 2016. Team Pakistan will play two Test
Published 03 Nov, 2016 12:00am
City stun Barca, Ozil magic as Arsenal progress

City stun Barca, Ozil magic as Arsenal progress

Manchester City got their revenge on Barcelona as Ilkay Gundogan scored twice in a 3-1 win in the Champions League on Tuesday, while Arsenal were one of four sides to secure progress to the last 16. Pep Guardiola's side had lost 4-0 away in Barcelona two
Published 03 Nov, 2016 12:00am
US natural gas futures drop over 4 percent on milder weather

US natural gas futures drop over 4 percent on milder weather

US natural gas futures fell over 4 percent on Tuesday after passing through technical stops on forecasts for mild weather and light heating demand through at least mid-November. That would leave utilities with more than enough fuel to inject into stockpil
Published 03 Nov, 2016 12:00am
Cotton market: prices fall on modest business
Cotton

Cotton market: prices fall on modest business

In line with the international track, cotton prices fell on the cotton market on Wednesday in the process of modest trading, dealers said. The official spot rate was lower by Rs 50 to Rs 5900, dealers said. In Sindh, seed cotton prices were same at Rs 220
Published 03 Nov, 2016 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 161,821 tonnes of cargo comprising 137,078 tonnes of import cargo and 24,743 tonnes of export cargo including 5,817 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 03 Nov, 2016 12:00am
Gold rises in Asia

Gold rises in Asia

Gold hit a near one-month high on Wednesday as investors grew more concerned over the global economic outlook and started looking for safe-haven assets on signs that the US presidential election race was tightening. The mounting anxiety over the elections
Published 03 Nov, 2016 12:00am