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Print - 2016-11-28
Terror bid foiled, caches of arms recovered

Terror bid foiled, caches of arms recovered

Security Agencies foiled a major terror bid and recovered huge cache of arms from Chaghai and Dera Murad Jamali on Sunday. According to reports, ontips off, the FC carried out a search operation in Chaghai and recovered a huge of cache of arms in a compou
Published 28 Nov, 2016 12:00am
No place for PML-N in Sindh: Shah Mehmood

No place for PML-N in Sindh: Shah Mehmood

Pakistan Tehreek e Insaf's (PTI) central leader Makhdoom Shah Mahmood Qureshi has said that there is no place for N-League in Sindh province. Talking to party workers gathered at the residence of Gul Muhammad Jakhrani at Sakrand on Sunday, he said that a
Published 28 Nov, 2016 12:00am
LCCI says govt should start Kalabagh Dam

LCCI says govt should start Kalabagh Dam

The Lahore Chamber of Commerce & Industry has strongly condemned the Moodi's threat to stop every drop of water for Pakistan saying that this ugly statement of Indian Prime Minister has proved the opponents of Kalabagh Dam are actually safeguarding the In
Published 28 Nov, 2016 12:00am
WWF-Pakistan, Horlicks host art competition

WWF-Pakistan, Horlicks host art competition

WWF-Pakistan in partnership with Horlicks Pakistan organised the final round of 'Horlicks Dreams for Tomorrow', a Nation-wide Art Competition that aimed to showcase skills and talent of students through art. Around 200000 students from 700 prestigious sch
Published 28 Nov, 2016 12:00am
Helicopter crashes in Iran, killing five

Helicopter crashes in Iran, killing five

Five people on board an Iranian helicopter were killed when it crashed into the Caspian Sea on Sunday, state television reported. The bodies of four crew and a civilian, plus the helicopter, had been found, a security official told state television websit
Published 28 Nov, 2016 12:00am
Danish Prime Minister says has struck a deal to form new government

Danish Prime Minister says has struck a deal to form new government

Denmark's Prime Minister Lars Lokke Rasmussen said on Sunday he had agreed to form a new government with the Liberal Alliance and the Conservative Party. The deal, announced on Twitter, could reduce the risk of snap elections, as Rasmussen's minority gove
Published 28 Nov, 2016 12:00am
Iran may seek naval bases in Yemen or Syria: chief of staff

Iran may seek naval bases in Yemen or Syria: chief of staff

Iran may seek to set up naval bases in Yemen or Syria in the future, the chief of staff of the Iranian armed forces said in remarks published on Sunday. His comments, likely to be of concern to Shia Iran's Sunni regional rival Saudi Arabia and its allies,
Published 28 Nov, 2016 12:00am
Israel forces kill IS-linked gunmen

Israel forces kill IS-linked gunmen

Israeli forces killed four gunmen linked to the Islamic State group after they fired on soldiers Sunday, the military said, in the first such attack on the occupied Golan Heights.
Published 28 Nov, 2016 12:00am
Gaza risks becoming easy launchpad for IS: Qatari minister

Gaza risks becoming easy launchpad for IS: Qatari minister

Palestinian infighting and years of an Israeli blockade could turn the impoverished Gaza Strip into an easy "launching pad" for Islamic State recruiters, Qatar's foreign minister says. The small gas-rich Gulf state is a major backer of Hamas, the armed mo
Published 28 Nov, 2016 12:00am
Shooting kills one in New Orleans French Quarter

Shooting kills one in New Orleans French Quarter

One man was gunned down and nine people wounded in a shootout in the historic French Quarter of the southern US city of New Orleans, police said early Sunday. Some 30 officers rushed to the scene when shots rang out around 1:30 am (0630 GMT), city police
Published 28 Nov, 2016 12:00am
Two Yazidi mass graves found near Iraq's Sinjar

Two Yazidi mass graves found near Iraq's Sinjar

Two graves containing the bodies of Iraqi Yazidis believed to have been killed by the Islamic State group have been discovered in northern Iraq, a local official said. "Two mass graves were found in Um al-Shababik village," Sinjar mayor Mahma Khalil told
Published 28 Nov, 2016 12:00am
Kuwait opposition in strong election showing

Kuwait opposition in strong election showing

Islamist-dominated opposition groups and their allies secured nearly half of the Kuwaiti parliament's seats, official election results showed Sunday, raising fears of fresh political wrangling in the oil-rich Gulf state. The opposition and its allies won
Published 28 Nov, 2016 12:00am
Sri Lanka seeks Trump's help to drop war crimes charges

Sri Lanka seeks Trump's help to drop war crimes charges

Sri Lanka's President Maithripala Sirisena has asked Donald Trump to pressure the UN Human Rights Council to drop war crimes allegations against the country's troops. Sirisena's office said Sunday he had sent a "special message" to president-elect Trump s
Published 28 Nov, 2016 12:00am
Vintage biplane crashes in Kenya, Irish pilots unhurt

Vintage biplane crashes in Kenya, Irish pilots unhurt

An Irish father and daughter team taking part in a cross-Africa rally escaped unhurt after crash-landing their 1930s biplane on the way to Kenya's capital, where participants staged an airshow Sunday, organisers said.
Published 28 Nov, 2016 12:00am
Hundreds flee Syria regime advance into east Aleppo

Hundreds flee Syria regime advance into east Aleppo

Hundreds of civilians have fled rebel-held east Aleppo after government forces, determined to retake all of Syria's second city, seized its largest opposition-controlled district.
Published 28 Nov, 2016 12:00am
Japan's huge pension fund bounces back from losses

Japan's huge pension fund bounces back from losses

Japan's public pension fund, the world's biggest, said Friday it has swung back from huge losses, providing some respite after coming under fire for moving a chunk of its bond-heavy portfolio into riskier equities. The Government Pension Investment Fund s
Published 28 Nov, 2016 12:00am
Japan's huge pension fund bounces back from losses

Japan's huge pension fund bounces back from losses

Japan's public pension fund, the world's biggest, said Friday it has swung back from huge losses, providing some respite after coming under fire for moving a chunk of its bond-heavy portfolio into riskier equities. The Government Pension Investment Fund s
Published 28 Nov, 2016 12:00am
China Securities to launch up to $1.1 billion Hong Kong IPO

China Securities to launch up to $1.1 billion Hong Kong IPO

Brokerage China Securities Finance Co Ltd is set to launch on Monday an up to $1.1 billion Hong Kong initial public offering, raising funds to expand its wealth management, securities trading and overseas business, IFR reported on Thursday, citing people
Published 28 Nov, 2016 12:00am
China Securities to launch up to $1.1 billion Hong Kong IPO

China Securities to launch up to $1.1 billion Hong Kong IPO

Brokerage China Securities Finance Co Ltd is set to launch on Monday an up to $1.1 billion Hong Kong initial public offering, raising funds to expand its wealth management, securities trading and overseas business, IFR reported on Thursday, citing people
Published 28 Nov, 2016 12:00am
Hedge fund stars on track for big pay days

Hedge fund stars on track for big pay days

Many hedge fund managers have reason to cheer even as their investors grouse about lacklustre returns; they are on track to reap a much larger pay-day for 2016 than for 2015. "There have been a lot of reports about hedge fund compensation being down this
Published 28 Nov, 2016 12:00am
Hedge fund stars on track for big pay days

Hedge fund stars on track for big pay days

Many hedge fund managers have reason to cheer even as their investors grouse about lacklustre returns; they are on track to reap a much larger pay-day for 2016 than for 2015. "There have been a lot of reports about hedge fund compensation being down this
Published 28 Nov, 2016 12:00am
Rotation from US bond funds to stocks slows: Lipper

Rotation from US bond funds to stocks slows: Lipper

Investors pulled more money from US-based bond funds during the latest week, Lipper data showed on Friday, adding to an onslaught following the US presidential election. But the $595 million snatched from the bond funds over the seven days through Wednesd
Published 28 Nov, 2016 12:00am
Rotation from US bond funds to stocks slows: Lipper

Rotation from US bond funds to stocks slows: Lipper

Investors pulled more money from US-based bond funds during the latest week, Lipper data showed on Friday, adding to an onslaught following the US presidential election. But the $595 million snatched from the bond funds over the seven days through Wednesd
Published 28 Nov, 2016 12:00am
US stock ETFs attract record eight-day cash inflow

US stock ETFs attract record eight-day cash inflow

Investors moved $45.7 billion into US-listed equity exchange-traded funds (ETFs) in the eight trading days ended Thursday, November 17, in the biggest eight-session inflow on record, according to TrimTabs Investment Research.
Published 28 Nov, 2016 12:00am
US stock ETFs attract record eight-day cash inflow

US stock ETFs attract record eight-day cash inflow

Investors moved $45.7 billion into US-listed equity exchange-traded funds (ETFs) in the eight trading days ended Thursday, November 17, in the biggest eight-session inflow on record, according to TrimTabs Investment Research.
Published 28 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. 78.65-78.65 (previous 78.63-78.65).
Published 28 Nov, 2016 12:00am
Bangladesh raises local rice purchase price

Bangladesh raises local rice purchase price

Bangladesh raised the price the government will pay to farmers for the upcoming season's rice to 33 taka ($0.42) a kilogram, up from 31 taka a year ago, the food minister said on Sunday. The government will buy 300,000 tonnes of rice from local farmers st
Published 28 Nov, 2016 12:00am
Credit Suisse banker probed for alleged fiduciary duty violations

Credit Suisse banker probed for alleged fiduciary duty violations

Geneva prosecutors have opened legal proceedings against a suspended Credit Suisse banker accused of violating his fiduciary duties in a case brought by wealthy Turkish families who say they lost 300 million Swiss francs ($296 million), SonntagsZeitung re
Published 28 Nov, 2016 12:00am
Arid Saudi Arabia could need '$50 billion' in water investment

Arid Saudi Arabia could need '$50 billion' in water investment

Arid Saudi Arabia could need more than $53 billion in water sector investment supported by private funds as demand grows, officials said on Sunday. The world's largest oil exporter, whose petroleum revenues fell 51 percent last year on declining crude pri
Published 28 Nov, 2016 12:00am
Blackmailers target customers of hacked Liechtenstein bank
Currency

Blackmailers target customers of hacked Liechtenstein bank

Customers of a Chinese-owned Liechtenstein bank are being told by unknown blackmailers they must pay a portion of their savings or face having account details sent to finance authorities and the media, a German newspaper reported on Sunday.
Published 28 Nov, 2016 12:00am
China steps up protection of property rights

China steps up protection of property rights

China will increase protection for property rights, including stepping up oversight of the management of state-owned assets, the Xinhua news agency reported on Sunday, citing guidelines issued by the State Council, China's cabinet. New rules and policies
Published 28 Nov, 2016 12:00am
BMW strongly increases venture capital fund volume

BMW strongly increases venture capital fund volume

BMW is increasing the size of its venture capital fund, BMW i Ventures, to 500 million euros ($530 million) from 100 million, German business daily Handelsblatt said on Sunday, citing an interview with one of the carmaker's board members.
Published 28 Nov, 2016 12:00am
BMW strongly increases venture capital fund volume

BMW strongly increases venture capital fund volume

BMW is increasing the size of its venture capital fund, BMW i Ventures, to 500 million euros ($530 million) from 100 million, German business daily Handelsblatt said on Sunday, citing an interview with one of the carmaker's board members.
Published 28 Nov, 2016 12:00am
Tunisia investment conference aims to kickstart economy

Tunisia investment conference aims to kickstart economy

Tunisia will host 2,000 business and finance executives from 40 countries this week in hopes of drumming up investment to boost its struggling economy. Six years since the revolution that swept away dictator Zine El Abidine Ben Ali, the country's fragile
Published 28 Nov, 2016 12:00am
Coal price surge sets miners against activists by English seaside

Coal price surge sets miners against activists by English seaside

In north-eastern England, a battle is raging between grass roots campaigners and a company intent on digging a new open cast mine as world coal prices soar. A year after Britain closed its last deep coal mine and pledged to phase out coal-fired power gene
Published 28 Nov, 2016 12:00am
Greece 'ready to turn page' on crisis: EU official

Greece 'ready to turn page' on crisis: EU official

Greece is "finally ready to turn the page" on its financial crisis, EU commissioner and former French economy minister Pierre Moscovici said in remarks published Sunday ahead of crunch meetings.
Published 28 Nov, 2016 12:00am
Pilots union open to talks with Lufthansa in pay dispute

Pilots union open to talks with Lufthansa in pay dispute

German pilots union VC said on Sunday it was open to further talks with Lufthansa to try to find a compromise over a long-running pay dispute that caused a four-day strike last week, adding the airline needed to present a new offer.
Published 28 Nov, 2016 12:00am
Kiwis take lead over Pakistan in rain-shortened Test

Kiwis take lead over Pakistan in rain-shortened Test

Tim Southee bagged six wickets as New Zealand took a 55-run lead over Pakistan on a rain-shortened third day of the second Test in Hamilton on Sunday. Only rookie batsman Babar Azam was able to cope with New Zealand's chief strike bowler and he was left s
Published 28 Nov, 2016 12:00am
Sanchez double keeps Arsenal in title hunt

Sanchez double keeps Arsenal in title hunt

Arsenal closed the gap on Premier League leaders Chelsea as Alexis Sanchez bragged a brace in a 3-1 win over Bournemouth on Sunday. Arsene Wenger's side are within three points of top spot after Chile forward Sanchez struck in each half at the Emirates St
Published 28 Nov, 2016 12:00am
Neymar smashes Ferrari in road accident

Neymar smashes Ferrari in road accident

Barcelona's Brazilian star Neymar damaged his Ferrari Spider in a road accident but his club said he was ready to play against Real Sociedad on Sunday night. The 24-year-old striker hit trouble driving to the Barcelona training grounds in rain before the
Published 28 Nov, 2016 12:00am
Sri Lanka win triangular series trophy

Sri Lanka win triangular series trophy

Sri Lanka capped a productive month of cricket in Zimbabwe by lifting the triangular series trophy on Sunday, beating the hosts by six wickets in the final.
Published 28 Nov, 2016 12:00am
Rosberg foils Hamilton to claim maiden title

Rosberg foils Hamilton to claim maiden title

Nico Rosberg clinched his maiden world title on Sunday when he finished second in the Abu Dhabi Grand Prix despite Lewis Hamilton ignoring team orders in his quest to foil the German. The 31-year-old Rosberg concluded the longest season in the sport's his
Published 28 Nov, 2016 12:00am
Ghazanfar wins Chief of Naval Staff Amateur Golf

Ghazanfar wins Chief of Naval Staff Amateur Golf

Ghazanfar Mehmood of Garden City Golf Club Rawalpindi won the 6th Chief of the Naval Staff Amateur Golf Championship that concluded at the internationally ranked Royal Palm Golf and Country Course on Sunday. Mr Malik Muhammad Rafique Rajwana, the Governor
Published 28 Nov, 2016 12:00am
Ashwin gives India edge

Ashwin gives India edge

Ravichandran Ashwin hit an attacking half-century to give India the edge after England's bowlers dented the hosts with quick wickets on day two of the third Test in Mohali on Sunday.
Published 28 Nov, 2016 12:00am
Wells Fargo ushers in next stage of banking shame
Currency

Wells Fargo ushers in next stage of banking shame

The Wells Fargo fake-accounts scandal is ushering in the next stage of banking shame. The lender now needs regulatory approval to hire and fire executives and directors. The Office of the Comptroller of the Currency, which imposed this and other restricti
Published 28 Nov, 2016 12:00am
Maybank third quarter profit falls, lowers loan growth outlook

Maybank third quarter profit falls, lowers loan growth outlook

Malaysia's biggest lender Malayan Banking Berhad (Maybank) said on Thursday it had cut its loan growth projection for the current financial year, after posting a drop in third-quarter profit hurt by a higher tax charge.
Published 28 Nov, 2016 12:00am
Generali to exit weaker markets, cut costs

Generali to exit weaker markets, cut costs

Italy's biggest insurer Generali is looking to raise at least 1 billion euros ($1.06 billion) by selling businesses in unattractive markets and is to cut costs in an effort to boost profit and capital.
Published 28 Nov, 2016 12:00am
Greece's National Bank turns profitable in third quarter

Greece's National Bank turns profitable in third quarter

Greek lender National Bank (NBG) turned profitable in the third quarter, helped by lower trading losses and reduced bad-debt provisions. National Bank, 40 percent owned by the country's bank rescue fund HFSF after its recapitalisation late last year, repo
Published 28 Nov, 2016 12:00am
Investcorp buys stake in Al Borg Medical Laboratories

Investcorp buys stake in Al Borg Medical Laboratories

Investcorp has bought a stake in Saudi Arabia's Al Borg Medical Laboratories, one of the largest private medical laboratory chains in the Gulf, it said on Tuesday. The alternative investment firm did not disclose the size of the stake or the amount it was
Published 28 Nov, 2016 12:00am
Toyota aims to sell more hybrid cars in India

Toyota aims to sell more hybrid cars in India

Toyota Motor Corp expects hybrid cars to make up 20 percent of its total vehicle sales in India by 2020 from less than 2 percent today, a senior company official told Reuters.
Published 28 Nov, 2016 12:00am
Airbus chief more confident on A350 delivery goal

Airbus chief more confident on A350 delivery goal

The chief executive of Airbus Group's commercial jet division said on Thursday he had grown more confident of reaching this year's target of at least 50 A350-900 deliveries.
Published 28 Nov, 2016 12:00am
Over half of world's population does not use internet: UN

Over half of world's population does not use internet: UN

More than half the world's population does not use the internet, with prohibitive broadband costs keeping billions off line, a United Nations report said Tuesday. The UN's International Telecommunications Union (ITU) said that 3.9 billion people do not ha
Published 28 Nov, 2016 12:00am
Facebook-owned Instagram keeps pressure on Snapchat

Facebook-owned Instagram keeps pressure on Snapchat

Facebook-owned Instagram ramped up the pressure on Snapchat on Monday, adding ephemeral live video broadcasts and vanishing direct messages. "Send anything you want, from inside jokes to your worst selfies," Instagram said in a blog post.
Published 28 Nov, 2016 12:00am
Japan plans supercomputer to leap into technology future

Japan plans supercomputer to leap into technology future

Japan plans to build the world's fastest-known supercomputer in a bid to arm the country's manufacturers with a platform for research that could help them develop and improve driverless cars, robotics and medical diagnostics.
Published 28 Nov, 2016 12:00am
GSMA launches Mobile World Congress Shanghai 2017

GSMA launches Mobile World Congress Shanghai 2017

The GSMA on November 22 announced the first details of the 2017 GSMA Mobile World Congress Shanghai, including confirmed exhibitors and sponsors, as well as a range of programmes and activities taking place at the annual mobile industry event. Under the t
Published 28 Nov, 2016 12:00am
Twitter rolls out tool to curb online abuse, bullying

Twitter rolls out tool to curb online abuse, bullying

Twitter on Tuesday said it was rolling out a new tool to help users filter out harassment and abusive conduct on the messaging platform. "The amount of abuse, bullying, and harassment we've seen across the internet has risen sharply over the past few year
Published 28 Nov, 2016 12:00am
Greenpeace urges microbead ban to protect ocean life

Greenpeace urges microbead ban to protect ocean life

Environmental group Greenpeace is calling for a ban in Britain on plastic "microbeads", found in many cosmetics, which they warn pollute the oceans and poison marine life. Campaigners want a total ban on the tiny particles - which are too small to be filt
Published 28 Nov, 2016 12:00am
Mouse allergen in schools tied to worse asthma for kids

Mouse allergen in schools tied to worse asthma for kids

Mouse allergens in school buildings may be an important environmental factor aggravating kids' asthma, a U.S. study suggests. Researchers found mouse allergen in nearly 100 percent of dust samples from the schools studied, and exposure to it was linked to
Published 28 Nov, 2016 12:00am
Dementia rates falling among older Americans

Dementia rates falling among older Americans

The proportion of older Americans living with dementia fell between 2000 and 2012, according to a new study. The exact reasons for the drop aren't clear yet, researchers say.
Published 28 Nov, 2016 12:00am
More hurricanes likely for north-east US

More hurricanes likely for north-east US

A study warned on Wednesday of hurricanes hitting the US north-east coast more frequently in future due to climate change caused by fossil fuel emissions. As the planet has warmed over the last few hundred years, Atlantic hurricanes have moved gradually n
Published 28 Nov, 2016 12:00am
'Global standards for Zika testing needed'

'Global standards for Zika testing needed'

Although the mosquito-born Zika virus often results in mild flu-like symptoms, serious birth defects linked to the illness may still justify travel advisories and require global testing standards, a new study suggests.
Published 28 Nov, 2016 12:00am
Imran says will prove Nawaz is telling lies

Imran says will prove Nawaz is telling lies

Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan has said that his party will prove Prime Minister Nawaz Sharif is a liar, a private TV channel reported. In an informal talk with media, Khan said that he got new evidences against PM Nawaz Sharif in the Pa
Published 28 Nov, 2016 12:00am
UT residents demand stoppage of commercial activities in area

UT residents demand stoppage of commercial activities in area

The residents of the posh University Town has asked the provincial government for immediately stoppage of the commercial activities in area as directed by the Peshawar High Court (PHC) in its decision on April, 2015.
Published 28 Nov, 2016 12:00am
Two killed, eight injured in Peshawar firing

Two killed, eight injured in Peshawar firing

At least two persons were killed and eight other wounded after exchange of fire between two groups in Regi area of Peshawar on Sunday. As per details, quarrel interrupted between two groups when they exchanged harsh arguments over blockage of street due t
Published 28 Nov, 2016 12:00am
Efforts on to promote quality education, says minister

Efforts on to promote quality education, says minister

Minister of State for Information and Broadcasting Marriyum Aurangzeb says the Government is making all out efforts to promote quality education in the country. She was talking to newsmen after attending a ceremony of a private school in Islamabad on Sund
Published 28 Nov, 2016 12:00am
Six Supreme Court benches, two-larger benches formed

Six Supreme Court benches, two-larger benches formed

Chief Justice of Pakistan Anwar Zaheer Jamali constituted six benches and two larger benches at the principal seat to hear some important cases during the week starting from Monday (November 28).
Published 28 Nov, 2016 12:00am
Ugandan tribal king arrested after clashes kill 55

Ugandan tribal king arrested after clashes kill 55

Ugandan police stormed the palace of a tribal king and arrested him Sunday after fierce clashes between security forces and a separatist militia they believe is linked to him killed 55, police said.
Published 28 Nov, 2016 12:00am
Former South Africa watchdog accused over leaked Zuma interview

Former South Africa watchdog accused over leaked Zuma interview

The new head of South Africa's anti-corruption watchdog has filed a criminal complaint against her predecessor for leaking an interview she conducted while probing corruption allegations against President Jacob Zuma, according to media reports.
Published 28 Nov, 2016 12:00am
Brazil's president vows to veto corruption amnesty

Brazil's president vows to veto corruption amnesty

Brazilian President Michel Temer on Sunday sought to calm popular anger over claims that Congress is seeking to grant itself a corruption amnesty, saying he would veto any such measure. "It would be impossible for the president of the republic to approve
Published 28 Nov, 2016 12:00am
Rouhani salutes 'relentless warrior' Castro

Rouhani salutes 'relentless warrior' Castro

Iran's President Hassan Rouhani hailed as a "relentless warrior" the Cuban leader Fidel Castro, who died aged 90 on Friday. In a message to the late leader's brother President Raul Castro, Rouhani said the death of the leader of the Cuban revolution cause
Published 28 Nov, 2016 12:00am
Militia attack kills 34 civilians in DR Congo

Militia attack kills 34 civilians in DR Congo

At least 34 civilians were killed Sunday in a flare up of ethnic violence in restive eastern Democratic Republic of Congo, authorities said, following a week of soaring tensions. "The provisional toll is 34 civilians killed," said local official Joy Bokel
Published 28 Nov, 2016 12:00am
Saakashvili urges Ukrainians to rise up against government

Saakashvili urges Ukrainians to rise up against government

Some 2,000 people gathered in central Kiev on Sunday to support a call by ex regional governor Mikheil Saakashvili - also a former president of Georgia - to rise up against the Ukrainian government.
Published 28 Nov, 2016 12:00am
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