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Print - 2016-11-21
Naval Chief visits Chinese ship

Naval Chief visits Chinese ship

Chief of the Naval Staff Admiral Muhammad Zakaullah visited Chinese Navy Ship HANDAN on Sunday at sea during the ongoing PN-PLA(N) bilateral exercise. The exercise is being held in Arabian Sea between the two brotherly navies from November 19-21 and cover
Published 21 Nov, 2016 12:00am
Naval Chief visits Chinese ship

Naval Chief visits Chinese ship

Chief of the Naval Staff Admiral Muhammad Zakaullah visited Chinese Navy Ship HANDAN on Sunday at sea during the ongoing PN-PLA(N) bilateral exercise. The exercise is being held in Arabian Sea between the two brotherly navies from November 19-21 and cover
Published 21 Nov, 2016 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee failed to come out of recent weakness against the dollar on the money market during the week, ended on November 19, 2016. In the interbank market, the rupee shed three paisas in relation to the dollar for buying and selling at Rs 104.84 and Rs 1
Published 21 Nov, 2016 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee failed to come out of recent weakness against the dollar on the money market during the week, ended on November 19, 2016. In the interbank market, the rupee shed three paisas in relation to the dollar for buying and selling at Rs 104.84 and Rs 1
Published 21 Nov, 2016 12:00am
Asia-Pacific leaders defend trade against Trump tide

Asia-Pacific leaders defend trade against Trump tide

Asia-Pacific leaders are expected to send a strong message in defence of free trade Sunday as they wrap up a summit that has been overshadowed by US President-elect Donald Trump's protectionism.
Published 21 Nov, 2016 12:00am
Asia-Pacific leaders defend trade against Trump tide

Asia-Pacific leaders defend trade against Trump tide

Asia-Pacific leaders are expected to send a strong message in defence of free trade Sunday as they wrap up a summit that has been overshadowed by US President-elect Donald Trump's protectionism.
Published 21 Nov, 2016 12:00am
Asia-Pacific leaders defend trade against Trump tide

Asia-Pacific leaders defend trade against Trump tide

Asia-Pacific leaders are expected to send a strong message in defence of free trade Sunday as they wrap up a summit that has been overshadowed by US President-elect Donald Trump''s protectionism.
Published 21 Nov, 2016 12:00am
Over Rs 19 billion inconsistency in subsidy of urea, DAP

Over Rs 19 billion inconsistency in subsidy of urea, DAP

There is an inconsistency of over Rs 19 billion in the subsidy for urea and DAP in the current fiscal year between what was budgeted by the Ministry of Finance and what is in documents of the Ministry of National Food, Security and Research (MNFS&R).
Published 21 Nov, 2016 12:00am
Over Rs 19 billion inconsistency in subsidy of urea, DAP

Over Rs 19 billion inconsistency in subsidy of urea, DAP

There is an inconsistency of over Rs 19 billion in the subsidy for urea and DAP in the current fiscal year between what was budgeted by the Ministry of Finance and what is in documents of the Ministry of National Food, Security and Research (MNFS&R).
Published 21 Nov, 2016 12:00am
Over Rs 19 billion inconsistency in subsidy of urea, DAP

Over Rs 19 billion inconsistency in subsidy of urea, DAP

There is an inconsistency of over Rs 19 billion in the subsidy for urea and DAP in the current fiscal year between what was budgeted by the Ministry of Finance and what is in documents of the Ministry of National Food, Security and Research (MNFS&R).
Published 21 Nov, 2016 12:00am
Whatsapp video calling invite scam: IT Ministry issues advisory

Whatsapp video calling invite scam: IT Ministry issues advisory

Taking note of the malicious messages relating to invitations for activating video calling feature on the popular messaging app, Ministry of Information technology and Telecommunications Sunday issued a Web user advisory to inform the general public about
Published 21 Nov, 2016 12:00am
Whatsapp video calling invite scam: IT Ministry issues advisory

Whatsapp video calling invite scam: IT Ministry issues advisory

Taking note of the malicious messages relating to invitations for activating video calling feature on the popular messaging app, Ministry of Information technology and Telecommunications Sunday issued a Web user advisory to inform the general public about
Published 21 Nov, 2016 12:00am
Whatsapp video calling invite scam: IT Ministry issues advisory

Whatsapp video calling invite scam: IT Ministry issues advisory

Taking note of the malicious messages relating to invitations for activating video calling feature on the popular messaging app, Ministry of Information technology and Telecommunications Sunday issued a Web user advisory to inform the general public about
Published 21 Nov, 2016 12:00am
Index remains under pressure

Index remains under pressure

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week ended November 18, 2016 due to hefty foreign selling and political uncertainty in the country. The benchmark KSE-100 index declined by 524.18 points or 1.2 percent on week-on-w
Published 21 Nov, 2016 12:00am
Index remains under pressure

Index remains under pressure

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week ended November 18, 2016 due to hefty foreign selling and political uncertainty in the country. The benchmark KSE-100 index declined by 524.18 points or 1.2 percent on week-on-w
Published 21 Nov, 2016 12:00am
Index remains under pressure

Index remains under pressure

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week ended November 18, 2016 due to hefty foreign selling and political uncertainty in the country. The benchmark KSE-100 index declined by 524.18 points or 1.2 percent on week-on-w
Published 21 Nov, 2016 12:00am
Futures spread increases by 237 basis poins

Futures spread increases by 237 basis poins

The futures spread increased by 237bps to 6.92 percent during the outgoing week ended November 18, 2016. Trading activities on the futures counter remained dull as the average daily trading volumes declined by 42.6 percent to 49.81 million shares.
Published 21 Nov, 2016 12:00am
Futures spread increases by 237 basis poins

Futures spread increases by 237 basis poins

The futures spread increased by 237bps to 6.92 percent during the outgoing week ended November 18, 2016. Trading activities on the futures counter remained dull as the average daily trading volumes declined by 42.6 percent to 49.81 million shares.
Published 21 Nov, 2016 12:00am
Futures spread increases by 237 basis poins

Futures spread increases by 237 basis poins

The futures spread increased by 237bps to 6.92 percent during the outgoing week ended November 18, 2016. Trading activities on the futures counter remained dull as the average daily trading volumes declined by 42.6 percent to 49.81 million shares.
Published 21 Nov, 2016 12:00am
Futures spread increases by 237 basis poins

Futures spread increases by 237 basis poins

The futures spread increased by 237bps to 6.92 percent during the outgoing week ended November 18, 2016. Trading activities on the futures counter remained dull as the average daily trading volumes declined by 42.6 percent to 49.81 million shares.
Published 21 Nov, 2016 12:00am
All small-size companies: SECP announces NTN exemption for two years

All small-size companies: SECP announces NTN exemption for two years

The Securities and Exchange Commission of Pakistan (SECP) has announced general exemption-- for a period of two years-- to all small-size companies, including new Agriculture Promotion Companies, from the requirement of National Tax Number (NTN) at the ti
Published 21 Nov, 2016 12:00am
All small-size companies: SECP announces NTN exemption for two years

All small-size companies: SECP announces NTN exemption for two years

The Securities and Exchange Commission of Pakistan (SECP) has announced general exemption-- for a period of two years-- to all small-size companies, including new Agriculture Promotion Companies, from the requirement of National Tax Number (NTN) at the ti
Published 21 Nov, 2016 12:00am
All small-size companies: SECP announces NTN exemption for two years

All small-size companies: SECP announces NTN exemption for two years

The Securities and Exchange Commission of Pakistan (SECP) has announced general exemption-- for a period of two years-- to all small-size companies, including new Agriculture Promotion Companies, from the requirement of National Tax Number (NTN) at the ti
Published 21 Nov, 2016 12:00am
All small-size companies: SECP announces NTN exemption for two years

All small-size companies: SECP announces NTN exemption for two years

The Securities and Exchange Commission of Pakistan (SECP) has announced general exemption-- for a period of two years-- to all small-size companies, including new Agriculture Promotion Companies, from the requirement of National Tax Number (NTN) at the ti
Published 21 Nov, 2016 12:00am
Trump meets Romney, Mattis

Trump meets Romney, Mattis

James Mattis, the blunt-spoken retired Marine Corps general who headed the US military command covering the Middle East and Afghanistan, emerged on Sunday as a top candidate for defence secretary, with President-elect Donald Trump calling him "very impres
Published 21 Nov, 2016 12:00am
Trump meets Romney, Mattis

Trump meets Romney, Mattis

James Mattis, the blunt-spoken retired Marine Corps general who headed the US military command covering the Middle East and Afghanistan, emerged on Sunday as a top candidate for defence secretary, with President-elect Donald Trump calling him "very impres
Published 21 Nov, 2016 12:00am
Erdogan warns Nato on sheltering 'terrorist' plotters

Erdogan warns Nato on sheltering 'terrorist' plotters

Turkish President Recep Tayyip Erdogan on Sunday warned Nato against sheltering "terrorist" soldiers after Turkish officers in the alliance's command reportedly sought asylum after a failed putsch.
Published 21 Nov, 2016 12:00am
Erdogan warns Nato on sheltering 'terrorist' plotters

Erdogan warns Nato on sheltering 'terrorist' plotters

Turkish President Recep Tayyip Erdogan on Sunday warned Nato against sheltering "terrorist" soldiers after Turkish officers in the alliance's command reportedly sought asylum after a failed putsch.
Published 21 Nov, 2016 12:00am
16 killed in Senegal pilgrimage road accidents

16 killed in Senegal pilgrimage road accidents

At least 16 people have been killed and hundreds of others injured in accidents in Senegal in recent days as pilgrims headed to a major Sufi Muslim religious gathering, fire-fighters said Sunday. Millions of people were making their journey home from the
Published 21 Nov, 2016 12:00am
Crunch talks on Cyprus unity resume in Switzerland

Crunch talks on Cyprus unity resume in Switzerland

Rival Cypriot leaders on Sunday resumed UN-backed talks on ending the island's 42-year-old division, with hopes of breakthrough high but a key territory dispute unsettled. Greek Cypriot leader Nicos Anastasiades and his Turkish Cypriot counterpart Mustafa
Published 21 Nov, 2016 12:00am
Cargo ship evacuated off England's storm-hit southern coast

Cargo ship evacuated off England's storm-hit southern coast

Emergency services rescued 11 people from the Saga Sky cargo ship on Sunday after it collided with a barge carrying rocks and started to take on water as Storm Angus battered England's southern coast. The Coastguard said the remaining 12 people on the Sag
Published 21 Nov, 2016 12:00am
British navy warns Spanish ship with flares near Gibraltar

British navy warns Spanish ship with flares near Gibraltar

A British navy patrol boat fired flares Sunday to warn off a Spanish ship which entered disputed waters off Gibraltar, officials said, the latest in a series of maritime face-offs between the two sides. The Angeles Alvarino, a survey ship operated by Spai
Published 21 Nov, 2016 12:00am
Indian cease-fire violations: Pakistan hands over dossier to UNMOGIP

Indian cease-fire violations: Pakistan hands over dossier to UNMOGIP

Pakistan has handed over a dossier to United Nations Military Observer Group (UNMOGIP) on martyrdom of four children by India forces at Khuiratta sector of Line of Control and asked the Observer Group to investigate the incident, according to media report
Published 21 Nov, 2016 12:00am
Indian cease-fire violations: Pakistan hands over dossier to UNMOGIP

Indian cease-fire violations: Pakistan hands over dossier to UNMOGIP

Pakistan has handed over a dossier to United Nations Military Observer Group (UNMOGIP) on martyrdom of four children by India forces at Khuiratta sector of Line of Control and asked the Observer Group to investigate the incident, according to media report
Published 21 Nov, 2016 12:00am
Merkel tells party ready to seek fourth term as chancellor

Merkel tells party ready to seek fourth term as chancellor

German Chancellor Angela Merkel told her party Sunday she will seek re-election next year, a move likely to be welcomed in many capitals as a sign of stability following poll triumphs for Brexit and Donald Trump.
Published 21 Nov, 2016 12:00am
Merkel tells party ready to seek fourth term as chancellor

Merkel tells party ready to seek fourth term as chancellor

German Chancellor Angela Merkel told her party Sunday she will seek re-election next year, a move likely to be welcomed in many capitals as a sign of stability following poll triumphs for Brexit and Donald Trump.
Published 21 Nov, 2016 12:00am
At least 120 killed as Indian train derails

At least 120 killed as Indian train derails

Emergency workers raced to find any more survivors in the mangled wreckage of an Indian train that derailed Sunday, killing at least 120 people, in the worst disaster to hit the country's ageing rail network in recent years.
Published 21 Nov, 2016 12:00am
At least 120 killed as Indian train derails

At least 120 killed as Indian train derails

Emergency workers raced to find any more survivors in the mangled wreckage of an Indian train that derailed Sunday, killing at least 120 people, in the worst disaster to hit the country's ageing rail network in recent years.
Published 21 Nov, 2016 12:00am
Duterte meets 'hero' Putin

Duterte meets 'hero' Putin

Philippine President Rodrigo Duterte on Saturday met the man he calls his hero, Russian President Vladimir Putin, and unburdened his gripes about US "hypocrisy," "bullying" and foreign wars.
Published 21 Nov, 2016 12:00am
Duterte meets 'hero' Putin

Duterte meets 'hero' Putin

Philippine President Rodrigo Duterte on Saturday met the man he calls his hero, Russian President Vladimir Putin, and unburdened his gripes about US "hypocrisy," "bullying" and foreign wars.
Published 21 Nov, 2016 12:00am
Zardari says will come back to Pakistan soon

Zardari says will come back to Pakistan soon

Former president Asif Ali Zardari on Sunday said that he has not been in exile and will come back to Pakistan in a few weeks. The former president was talking to a private TV channel on Sunday.
Published 21 Nov, 2016 12:00am
Zardari says will come back to Pakistan soon

Zardari says will come back to Pakistan soon

Former president Asif Ali Zardari on Sunday said that he has not been in exile and will come back to Pakistan in a few weeks. The former president was talking to a private TV channel on Sunday.
Published 21 Nov, 2016 12:00am
Eight dead in fighting in Myanmar town on China border

Eight dead in fighting in Myanmar town on China border

Eight people were killed Sunday when fighting broke out in a northern Myanmar town on the border with China, a region long plagued by ethnic rebel insurgencies. The clashes are another blow to civilian leader Aung San Suu Kyi's hopes of forging a nation-w
Published 21 Nov, 2016 12:00am
Eight dead in fighting in Myanmar town on China border

Eight dead in fighting in Myanmar town on China border

Eight people were killed Sunday when fighting broke out in a northern Myanmar town on the border with China, a region long plagued by ethnic rebel insurgencies. The clashes are another blow to civilian leader Aung San Suu Kyi's hopes of forging a nation-w
Published 21 Nov, 2016 12:00am
Sarkozy faces exit in French rightwing primary

Sarkozy faces exit in French rightwing primary

Former president Nicolas Sarkozy risked a humiliating exit in the first round of France's rightwing presidential primary on Sunday as he was placed third with more than half of polling stations reporting. Sarkozy's former prime minister Francois Fillon to
Published 21 Nov, 2016 12:00am
Sarkozy faces exit in French rightwing primary

Sarkozy faces exit in French rightwing primary

Former president Nicolas Sarkozy risked a humiliating exit in the first round of France's rightwing presidential primary on Sunday as he was placed third with more than half of polling stations reporting. Sarkozy's former prime minister Francois Fillon to
Published 21 Nov, 2016 12:00am
South Korea's Park colluded with aide in graft scandal

South Korea's Park colluded with aide in graft scandal

South Korean prosecutors said Sunday that President Park Geun-Hye colluded with her close confidante in a corruption and influence-peddling scandal that has sparked massive nation-wide protests and calls for her impeachment.
Published 21 Nov, 2016 12:00am
South Korea's Park colluded with aide in graft scandal

South Korea's Park colluded with aide in graft scandal

South Korean prosecutors said Sunday that President Park Geun-Hye colluded with her close confidante in a corruption and influence-peddling scandal that has sparked massive nation-wide protests and calls for her impeachment.
Published 21 Nov, 2016 12:00am
Prices of kitchen items in Peshawar depict upward trend

Prices of kitchen items in Peshawar depict upward trend

Prices of important kitchen items, including vegetables, pulses, sugar, chicken, eggs, have marginally increased, according to a survey conducted by the Business Recorder here on Sunday.
Published 21 Nov, 2016 12:00am
Anti-state elements out to make CPEC controversial: Durrani

Anti-state elements out to make CPEC controversial: Durrani

Federal Minister for Housing, Akram Khan Durrani has said that JUI-F is playing crucial role in the implementation of China-Pakistan Economic Corridor (CPEC), but some anti-state elements for the achievement of their nefarious designs are out to make it c
Published 21 Nov, 2016 12:00am
Khattak directs timely completion of Peshawar Zoo

Khattak directs timely completion of Peshawar Zoo

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed to ensure timely completion the construction work, evergreen plantation, the walk in aviary, Butterfly Park, carnivores and other allied facilities in the Peshawar Zoo.
Published 21 Nov, 2016 12:00am
Political leaders, workers attend Haji Adeel's qul

Political leaders, workers attend Haji Adeel's qul

The Qul ceremony of senior ANP leader late Hajji Mohammad Adeel was held here at his residence at Gunner Lane, Peshawar Cantonment on Sunday. A large number of political leaders and workers from different political parties continued visiting the residence
Published 21 Nov, 2016 12:00am
MCCI appreciates commencement of Gwadar port

MCCI appreciates commencement of Gwadar port

Khawaja Jalaluddin Roomi, President of the Multan Chamber of Commerce & Industry (MCCI) has hailed the arrival of first Chinese trade convoys carrying goods being exported to Middle East and African Countries through the Gwadar Port developed under the Ch
Published 21 Nov, 2016 12:00am
World urged to take notice of India's belligerence

World urged to take notice of India's belligerence

Minister for Kashmir Affairs Chaudhary Barjees Tahir said India has committed naked aggression by targeting unarmed civilians and innocent children on the LoC and Working Boundary. In a statement on Sunday, he said Pakistan has the right to respond Indian
Published 21 Nov, 2016 12:00am
Universal Children's Day celebrated

Universal Children's Day celebrated

Child Right Movement Khyber Pakhtunkhwa (CRM-KP) celebrated the Universal Children's Day, with objective to promote child rights and resolve child related issues in the province. Shakeel Khan (Coordinator Child Rights Movement KP), while speaking at a fun
Published 21 Nov, 2016 12:00am
Economic Corridor: Muqam welcomes Khattak's statement

Economic Corridor: Muqam welcomes Khattak's statement

Pakistan Muslim League-N has appreciated a statement of Chief Minister Pervez Khattak for admitting that Khyber Pakhtunkhwa province has got its due share in China Pakistan Economic Corridor and urged the CM to keep his words in this regard.
Published 21 Nov, 2016 12:00am
Gangwar suspect killed, 16 taken into custody

Gangwar suspect killed, 16 taken into custody

At least one Lyari gang-war affiliate was gunned down in a police shootout in Maripur, in the wee hours of Sunday, says Police. The authorities said that the suspect has been identified as Asghar alias Haikal, who was the member of Ashok Group of Chanesar
Published 21 Nov, 2016 12:00am
Rich tributes paid to Ahmed Nadeem Qasmi

Rich tributes paid to Ahmed Nadeem Qasmi

Pakistan National Council of Arts (PNCA) on Sunday organized special event to celebrate 100th birthday of (Late) Ahmed Nadeem Qasmi, veteran literary scholar, poet and story writer. Renowned writers, intellectuals and poets including Professor Fateh Muham
Published 21 Nov, 2016 12:00am
.FC personnel: funeral prayer offered

.FC personnel: funeral prayer offered

The funeral prayer of Frontier Corps Balochistan's personnel, who were martyred yesterday, was offered in FC headquarters, Quetta on Sunday. Corps Commander Southern Command Lieutenant General Aamir Riaz, the Inspector General Frontier Corps Balochistan M
Published 21 Nov, 2016 12:00am
Contempt case: LHC issues notice to FBR chief

Contempt case: LHC issues notice to FBR chief

Lahore High Court (LHC) has issued a notice to Chairman Federal Board of Revenue (FBR) to appear before the court on November 22, 2016 in a contempt of court case for violation of Right to Information laws and non-implementation of high court's order. It
Published 21 Nov, 2016 12:00am
Foolproof security in Karachi on Chehlum

Foolproof security in Karachi on Chehlum

The Chehlum of Hazrat Imam Hussain (R.A.) and companion Shuhada of Karbala would be observed on Monday. The main congregation in the metropolis would be held at Nishter Park where Allama Talib Jauhri would address the Majlis. Later, a mourning procession
Published 21 Nov, 2016 12:00am
Government committed to solving people's problems: Asif

Government committed to solving people's problems: Asif

Defence Minister Khawaja Muhammad Asif on Sunday said that government was mobilizing all available resources to address the problems of masses on priority basis. Talking to PML- N workers and notables at Pakistan Muslim House he said that government had a
Published 21 Nov, 2016 12:00am
UN warns time 'running out' as fresh fighting hits Aleppo

UN warns time 'running out' as fresh fighting hits Aleppo

The UN's envoy warned Sunday that time was "running out" for efforts to avoid a humanitarian catastrophe in Syria's war-battered Aleppo, as fresh fighting there killed at least eight schoolchildren. Staffan de Mistura met Foreign Minister Walid Muallem in
Published 21 Nov, 2016 12:00am
70,000 homes without power in storm-hit France

70,000 homes without power in storm-hit France

Winds gusting to hurricane force left nearly 70,000 homes in western and north-western France without power Sunday, the national electricity grid Enedis said. The national weather agency Meteo France said winds powering to 160 kilometres (100 miles) per h
Published 21 Nov, 2016 12:00am
20 dead as Libya tribes clash 'after monkey incident'

20 dead as Libya tribes clash 'after monkey incident'

More than 20 people were killed in fighting this week between rival tribes in southern Libya, a medical official said Sunday, in violence reportedly sparked by an incident involving a monkey. Witnesses said several homes were hit by rockets and shells in
Published 21 Nov, 2016 12:00am
Pentagon, intelligence leaders seek NSA chief's removal

Pentagon, intelligence leaders seek NSA chief's removal

Top US military and intelligence leaders are pushing President Barack Obama to fire National Security Agency chief Admiral Michael Rogers, US media reported Saturday, even as Rogers is apparently being considered for a senior position in the Trump adminis
Published 21 Nov, 2016 12:00am
Russian spaceship delivers three astronauts to space station

Russian spaceship delivers three astronauts to space station

Russia's Soyuz spacecraft arrived at the International Space Station on Saturday, carrying a European, a Russian and an American astronaut for a six-month mission at the orbiting outpost. "Capture confirmed," said a NASA commentator as the spacecraft dock
Published 21 Nov, 2016 12:00am
Mozambique fuel tanker blast toll hits 73

Mozambique fuel tanker blast toll hits 73

The death toll from a petrol tanker blast in Mozambique has risen to 73, with dozens of people still being treated in hospital for severe burns, an official said Sunday. The explosion occurred last Thursday when people were trying to syphon off petrol fro
Published 21 Nov, 2016 12:00am
Turkey protesters rally against crackdown on pro-Kurds

Turkey protesters rally against crackdown on pro-Kurds

Thousands of opposition protesters demonstrated in Istanbul on Sunday against a crackdown on MPs from Turkey's main pro-Kurdish party and municipal chiefs in the south-east. At least 5,000 people - mainly supporters of the pro-Kurdish Peoples' Democratic
Published 21 Nov, 2016 12:00am
Haitians vote hoping to restore constitutional order

Haitians vote hoping to restore constitutional order

Haitians went to the polls Sunday to elect a president and members of the legislature in hopes of restoring constitutional order in the impoverished Caribbean country after more than a year of political crisis. Nearly 6.2 million voters are eligible to ca
Published 21 Nov, 2016 12:00am
Erdogan says Turkey can spurn EU and join Shanghai Pact

Erdogan says Turkey can spurn EU and join Shanghai Pact

President Recep Tayyip Erdogan says Turkey should not be "fixated" on joining the EU and has reiterated the idea of joining Russia and China in a Eurasian security group, local media reported Sunday. His comments come as Turkey's decades-long hopes of joi
Published 21 Nov, 2016 12:00am
Nepal PM admits 'delays' in justice for Maoist war victims

Nepal PM admits 'delays' in justice for Maoist war victims

Nepal Sunday marked the 10th anniversary of the peace deal that ended a bloody Maoist insurgency as the prime minister admitted that justice for its victims has been delayed. In a TV show late Saturday, Prime Minister Pushpa Kamal Dahal - who led the guer
Published 21 Nov, 2016 12:00am
Trump victory pushing US fund managers into small-cap shares

Trump victory pushing US fund managers into small-cap shares

President-elect Donald Trump's victory last week is pushing US fund managers into the shares of small, domestic-oriented companies that they expect to benefit should Trump cut back on regulations and renegotiate free trade agreements as promised.
Published 21 Nov, 2016 12:00am
Emerging markets may submerge again in 2017, top funds fear

Emerging markets may submerge again in 2017, top funds fear

The year threatens to end as it began for emerging markets - with losses. After spectacular returns between end-January and October, emerging market stocks and bonds are again in retreat, disappointing investors who had hoped the sector had finally turned
Published 21 Nov, 2016 12:00am
Emerging markets may submerge again in 2017, top funds fear

Emerging markets may submerge again in 2017, top funds fear

The year threatens to end as it began for emerging markets - with losses. After spectacular returns between end-January and October, emerging market stocks and bonds are again in retreat, disappointing investors who had hoped the sector had finally turned
Published 21 Nov, 2016 12:00am
Egyptian pound weakens
Currency

Egyptian pound weakens

The Egyptian pound weakened significantly on Sunday as banks scrambled to meet a surge in demand for dollars and the central bank held benchmark interest rates steady. The pound was trading at between 17.25 and 17.75 against the dollar by 1138 (0938 GMT),
Published 21 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 Sunday. 78.58-78.58 (previous 78.58-78.58).
Published 21 Nov, 2016 12:00am
Abu Dhabi shares hit after bank merger talk quashed
Cotton

Abu Dhabi shares hit after bank merger talk quashed

Shares of three of Abu Dhabi's top lenders pulled back on Sunday after the banks denied they were in merger talks, while Saudi shares were hit by profit taking. Egypt's stock market gained as foreign funds continued to accumulate blue chips.
Published 21 Nov, 2016 12:00am
US prime money fund assets rise 1st time since July

US prime money fund assets rise 1st time since July

Assets of US prime money market funds for large investors posted their first weekly increase in four months, snapping a protracted drop due to regulations that went into effect in October, the Money Fund Report said on Wednesday.
Published 21 Nov, 2016 12:00am
US prime money fund assets rise 1st time since July

US prime money fund assets rise 1st time since July

Assets of US prime money market funds for large investors posted their first weekly increase in four months, snapping a protracted drop due to regulations that went into effect in October, the Money Fund Report said on Wednesday.
Published 21 Nov, 2016 12:00am
Deutsche, Citi team up on risk-retention CMBS

Deutsche, Citi team up on risk-retention CMBS

Deutsche Bank and Citigroup have teamed up to offer a new US $975m CMBS they hope will satisfy new risk-retention rules that take effect next month, two sources told IFR. The banks plan to keep at least 5% of each class of the securitisation, from the top
Published 21 Nov, 2016 12:00am