A spokesman of Chinese Ministry of Foreign Affairs said on Friday that China stood ready to work with Pakistan to move forward the China-Pakistan Economic Corridor (CPEC) so as to benefit the peoples of the two countries. "The CPEC is a new cooperation fr
A spokesman of Chinese Ministry of Foreign Affairs said on Friday that China stood ready to work with Pakistan to move forward the China-Pakistan Economic Corridor (CPEC) so as to benefit the peoples of the two countries. "The CPEC is a new cooperation fr
The federal and Khyber Pakhtunkhwa governments have discussed new projects the provincial government intends to make part of the China-Pakistan Economic Corridor (CPEC) as well as PSDP allocations in the next fiscal year for the ongoing projects in the pr
The federal and Khyber Pakhtunkhwa governments have discussed new projects the provincial government intends to make part of the China-Pakistan Economic Corridor (CPEC) as well as PSDP allocations in the next fiscal year for the ongoing projects in the pr
Gold slipped on Thursday as the dollar firmed, while palladium extended gains to hit a two-year high on economic data and demand from the automobile sector. Spot gold was down 0.3 percent at $1,245.26 an ounce by 2:21 pm EDT (1821 GMT), retreating from an
The federal government on Friday approved and signed the revised PC-1 of 'Remodelling of Warsak Gravity Canal and Warsak Lift Canal Systems. The Government has already started work over the project which will increase water flow from the current 500 cusec
Chairperson of Committee on FATA Reforms Sartaj Aziz, responding to certain points raised in the Cabinet of Khyber Pakhtunkhwa, said that the two main demands raised in the meeting have already been accepted. The Federal Cabinet, at its meeting held on 2
Pakistan Day was celebrated with fervour and enthusiasm at the Pakistan House in New York and Pakistan Embassy in Washington on Thursday attended by UN Secretary General and State Department officials. Ambassador and Permanent Representative to the United
The Embassy of France in Pakistan warmly welcomes the adoption of the Climate Change Act, which has been recently passed by both the chambers of Parliament. Pakistan has thus become the fifth country in the world to adopt a specific legislation on climate
Pakistan International Airlines (PIA) losses have risen by Rs 103 billion during the tenure of the current Pakistan Muslim League-N government. PIA accumulated losses and liabilities include over Rs 186 billion bank loans, Rs 40 billion dues of Civil Avia
Prime Minister Nawaz Sharif on Friday inaugurated the Forest Services Academy at Ghora Gali, under the PM's Green Pakistan Programme. The Prime Minister unveiled the plaque of the Forest Services Academy, which will provide in-service and post-graduate tr
The Islamabad Serena Hotel, in collaboration with the Royal Embassy of Thailand, the Okura Prestige Bangkok and Thai Airways presents a first-ever international food festival at its signature restaurant Wild Rice. The opening was attended by Ambassador of
An assessment order of Large Taxpayer Unit (LTU) Lahore has endorsed the legal action of the Directorate of Intelligence and Investigation Inland Revenue (IR) Karachi against an Oil Marketing Company (OMC) for non-payment of sales tax by not declaring goo
In its first such decision, the International Criminal Court on Friday awarded $250 dollars as "symbolic" damages to each victim of a former Congolese warlord, a sum swiftly dismissed as meaningless by those who lost homes and loved ones in a militia atta
President Vladimir Putin met French far-right presidential candidate Marine Le Pen as she visited Moscow on Friday, with the Russian leader stressing that the Kremlin does not meddle in France's politics. Le Pen's meeting with Putin - their first, accordi
Twelve Syrian refugees including five children drowned and three were missing after a migrant boat sank off Turkey's Aegean coast on Friday, local media reported. The bodies of the dead, also including two women, were discovered along the shore in the wes
Israel and the United States concluded talks in Washington on advancing peace with the Palestinians, without agreeing on one of the thorniest issues - Israeli settlements in occupied Palestinian territories. The US delegation, led by President Donald Trum
A student has been killed and several others injured at a university near Sierra Leone's southern city of Bo after police fired tear gas and live bullets during protests over a lecturers' strike, police sources told AFP. Lecturers at Njala University have
The United States has imposed sanctions on 30 foreign companies or individuals for transferring sensitive technology to Iran for its missile program or for violating export controls on Iran, North Korea and Syria, the State Department said on Friday. Elev
An Indian airline said Friday it had cancelled a booking by a Hindu nationalist lawmaker who repeatedly hit an Air India steward with his sandal in a row over which seat to take. Ravindra Gaikwad has admitted to hitting the 60-year-old employee of the nat
Syrian government troops on Friday recaptured all points taken by rebels in a surprise offensive launched late last week in the east of the capital Damascus, state media said. "The army has retaken all the areas infiltrated by the terrorists in the area b
Hosni Mubarak, the former Egyptian autocrat toppled during the 2011 Arab Spring, was freed Friday from the military hospital where he spent much of the past six years in detention. The release of the 88-year-old who ruled Egypt for three decades would hav
China is not militarising the disputed South China Sea, the country's premier said Friday in Australia, claiming defence equipment Beijing has installed on artificial islands is "primarily" for civilian use. The sea is a source of growing regional tension
Treasury Secretary Steven Mnuchin on Friday lauded President Donald Trump, saying the 70-year-old in the White House had the hardy good health to excel in his new job. "He's got perfect genes. He has incredible energy and he's unbelievably healthy," Mnuch
A French and an American astronaut floated outside the International Space Station Friday on a successful spacewalk to upgrade the orbiting outpost for the arrival of future space crews. Outfitted in bulky white spacesuits, helmets and gloves, France's Th
World champions West Indies will be seeking to erase the recent memory of a pitiful showing in the United Arab Emirates when they commence a T20 International series against Pakistan at Kensington Oval in Barbados on Sunday.
Faf du Plessis criticised South Africa's performances against New Zealand as "not good enough" Friday, despite going into the final Test in Hamilton with an unbeatable 1-0 lead in the series. The South African captain said he was also expecting injured wi
Qatar's 1-0 home defeat against Iran on Thursday has left the hugely ambitious country's 2018 World Cup dreams in tatters. The result means Qatar, chosen as the host of football's biggest tournament in 2022, are bottom of Group A with just four points fro
Injured Indian skipper Virat Kohli said Friday he would play the fourth Test against Australia only if he was 100 percent fit, keeping up the suspense over his participation in the series decider. Kohli, who injured his shoulder during the drawn third Tes
Nicol David, the squash great whose nine-year stint as world number one may never be surpassed, wants to follow the example of women's sports pioneer Billie Jean King when her playing days are done. Although the 33-year-old Malaysian reached the quarter-f
India's Shashank Manohar has deferred his resignation as the chairman of the International Cricket Council to see through a reform programme, the game's world governing body said Friday. Manohar quit earlier this month in the middle of an overhaul of the
Former Germany international striker Kevin Kuranyi said Friday he was calling time on his career despite money-spinning offers to play overseas in Qatar and China. The 35-year-old, who scored 19 goals in 52 appearances for Germany, had been a free agent s
Brazil thrashed Uruguay to move to the brink of the World Cup finals on Thursday as Lionel Messi got Argentina's faltering qualification campaign back on track with the only goal to sink Chile. A superb hat-trick from China-based midfielder Paulinho power
Second seed Karolina Pliskova cruised into the third round of the Miami Open, the Czech beating American qualifier Madison Brengle 6-1, 6-3 on Thursday. While her serve was not at its best, the 25-year-old Pliskova never looked in danger, comfortably domi
Chasing moves together were seen in the intense matches of Sherani versus Nushki and Turbat versus DFA Quetta, though both resulting in a draw on the third day of the final round of the PPL Balochistan Football Cup 2017. Muhammad Yaqoob of Nushki was the
The Australian and New Zealand dollars skidded to one-week lows on Friday as investors fretted about the outlook for US fiscal stimulus as President Donald Trump struggled to get his healthcare bill passed. The Australian dollar slipped for a fourth strai
The Canadian dollar weakened on Thursday against the greenback with a fall in oil prices, but losses were muted a day after the Canadian budget as investors grappled with an uncertain outlook for the policies of US President Donald Trump. The Canadian dol
Sterling fell against the dollar and euro on Friday, retreating from the previous session's one-month highs, as investors braced for Britain beginning the formal process of leaving the European Union next week. An interview with Bank of England policymake
China's yuan weakened against the US dollar on Friday as the global dollar index rose overnight, but the Chinese currency is set to end stronger for the week. The People's Bank of China set the midpoint rate at 6.8845 per dollar prior to market open, firm
The Mexican peso firmed on Friday to its strongest in four months ahead of a key vote on the US healthcare overhaul plan seen as a test of President Donald Trump's self-described skills as a negotiator. The peso strengthened 0.5 percent, touching levels l
Most Asian currencies were steady to slightly lower on Friday, ahead of a US vote on a healthcare bill that is seen as a gauge of the Trump administration's ability to implement its policy goals. US President Donald Trump's struggles to secure passage of
The Sri Lankan rupee closed lower on Friday on importer dollar demand, even as the country's central bank raised benchmark interest rates by 25 basis points in a move also aimed at easing pressure on the currency. The central bank raised interest rates fo
The dollar hovered near a four-month low against the Japanese yen on Thursday ahead of a vote on a US Republican healthcare plan seen as a litmus test of President Donald Trump's ability to pass key policies such as tax cuts through Congress. Trump was se
The dollar steadied near a four-month low against the yen on Friday, ahead of a vote in Washington on new healthcare legislation that some investors view as a litmus test of whether US President Donald Trump will be able to pass fiscal stimulus. Republica
The dollar steadied against the yen on Friday after its worst run of daily losses versus the safe-haven currency since 2010, but gains were capped by worries that US President Donald Trump was on course for defeat on a new healthcare bill. With a risk-ave
The dollar edged up against the yen and euro on Friday, pulling away from recent lows, but gains were capped as investors focused on a showdown between US President Donald Trump and members of his own party over a new healthcare bill. Trump warned House R
Britain's top share index dipped on Friday ahead of a delayed US vote on a key healthcare bill, though gains among Smiths Group and Provident Financial capped losses. The FTSE 100 closed 0.1 percent lower. It had its worst weekly decline in two months, do
Southeast Asian stock markets took a breather on Friday ahead of a crucial vote on a US healthcare bill that could show whether President Donald Trump can muster the backing needed to push through fiscal measures key to his economic agenda. All eyes in gl
Australian shares rose on Friday, with financials accounting for about half of the gains after banks hiked mortgage rates for speculative buyers as part of a campaign by regulators to cool a hot housing market. Australia and New Zealand Banking raised its
European shares fell slightly on Friday, with eyes on a vote on US President Donald Trump's healthcare bill, while technology companies outperformed. The pan-European STOXX 600 was down 0.2 percent, and closed the week 0.5 percent lower, while Britain's F
China stocks rose on Friday as strong gains in the infrastructure sector offset concerns over tightening liquidity in the country's banking system, increased regulation and fresh curbs on property investment. The bluechip CSI300 index rose 0.8 percent to
Indian shares rose for a second consecutive session on Friday as lenders rallied after Finance Minister Arun Jaitley said the government would soon announce new measures to tackle bad debt, but indexes posted their first weekly loss in three. The broader
Hong Kong stocks eked out marginal gains on Friday, with investors awaiting corporate earnings and a vote on a new US healthcare bill seen as President Donald Trump's first policy test. The benchmark Hang Seng index added 0.1 percent, to 24,358.27 points
US Treasury prices fell on Thursday as investors waited for a vote by lawmakers on a bill to replace the Obamacare healthcare law, which is seen as a gauge of the Trump administration's ability to implement near-term goals. President Donald Trump made a f
US Treasury prices fell on Thursday as investors waited for a vote by lawmakers on a bill to replace the Obamacare healthcare law, which is seen as a gauge of the Trump administration's ability to implement near-term goals. President Donald Trump made a f
Sri Lankan shares edged up on Friday from a more than one-year closing low as foreign investors picked up battered shares in a market that had already factored in a monetary policy tightening by the central bank, dealers said. The central bank raised its
Wall Street declined on Thursday after lawmakers delayed a vote on a healthcare bill seen as President Donald Trump's first policy test. Failure to pass the American Health Care Act would cast doubt on Trump's ability to deliver other parts of his agenda
US stocks pared gains in choppy trading on Friday as investors braced for the outcome of a vote on a healthcare bill that is seen as a test of President Donald Trump's ability to pass his legislative agenda through Congress. Republican lawmakers struggled
Tokyo stocks rose Friday as a cheaper yen lifted exporters, while troubled Toshiba soared on renewed optimism it will be able to work through huge losses at its US nuclear unit. Markets are also keeping a close eye on last-minute negotiations among US Rep
Taiwan stocks were little changed on Friday as investors remained cautious after the government announced a stimulus package amid uncertainty from trading partners the United States and China, and the central bank left its policy rate steady as expected.
Publicly-owned German rail operator Deutsche Bahn said Thursday it returned to profit in 2016 after its first loss in 12 years, vowing that it would push on with reform under a new boss. Net profit stood at 716 million euros ($773 million) last year, a re
Brazil's government fought Wednesday to save the country's meat industry from getting burned in a corruption scandal that has prompted several countries to pull Brazilian beef and chicken from the menu. Agriculture Minister Blairo Maggi did not mince his
Austria's two main economic think tanks have raised their forecasts for the country's economic growth this year, saying domestic demand should remain robust and trading partners' economic recovery should revive exports. The Wifo think tank, which compiles
Business sentiment at Asia's top companies rose to its highest in almost two years in the first quarter of 2017, buoyed by positive economic signs from the United States and China that underpinned improved global demand, a Thomson Reuters/INSEAD survey sh
The Philippine central bank left its benchmark interest rate unchanged on Thursday, and dampened expectations for an imminent policy tightening after it lowered the outlook on inflation. The policy-making Monetary Board kept the overnight borrowing rate s
China will encourage financial innovation and will control potential risks arising from the process, Wang Zhaoxing, vice chairman of the China Banking Regulatory Commission (CBRC), told a forum in Beijing on Friday. "In the context of putting more emphasi
The International Monetary Fund (IMF) said on Friday it held talks with Zambian authorities over the possibility of an aid programme, and said there was a range of facilities available for the southern African country. Zambia began talks with the IMF in M
If the latest surveys of business intentions are to be believed, the eurozone economy is sparkling, growing at a pace that easily explains the hints from some European Central Bank policymakers of a pull-back from their easy-money regime. IHS Markit's eur
Germany's Deutsche Bank revealed Friday that it has picked a site for its new British headquarters, highlighting its commitment to London despite looming Brexit. The lender has entered into exclusive talks with British property developer Land Securities o
Russia's central bank cut its key rate Friday for the first time in six months and said more cuts were coming, offering a welcome boost to the country's struggling economy. Falling inflation gave the central bank the leeway to shave a quarter-point off it
HSBC plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business's regional head said, most of them in the Pearl River Delta, the heart of the bank's growth strategy in China. If that target
A state-owned Chinese construction giant Friday sealed a deal to build a Aus$6 billion (US$4.6 billion) mining infrastructure project to tap into resource-rich north-western Australia. Sydney-based BBI Group (BBIG) said the agreement with the China State
Hong Kong said Friday it will recall Brazilian meat from 21 processing plants under investigation over a rotten meat scandal. The city, which is the biggest market for Brazilian beef, already issued a ban on all meat imports from the country earlier this
Portugal slashed its public sector deficit by more than half in a single year, when measured as s proportion of GDP, the national statistics bureau said Friday, taking the shortfall comfortably below eurozone limits. The deficit dropped to 2.1 percent of
True to his pledge, President Donald Trump gave final approval on Friday for TransCanada to build the controversial Keystone XL oil pipeline, overriding environmental concerns in favor of boosting jobs and energy supply. "It's a great day for American job
New orders for US-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter.
The world's biggest smartphone maker Samsung, assailed by a shambolic recall and embroiled in South Korea's wide-ranging corruption scandal, on Friday backed away from a planned corporate restructuring. Following the embarrassing recall of the Galaxy Note
Gold rose on Friday, notching its second straight week of gains as concern about the ability of US President Donald Trump to push legislation through Congress pressured the dollar, making bullion cheaper for holders of other currencies. The dollar remaine
US soyabean futures dropped 1 percent on Friday to their lowest in more than four months on pressure from rising forecasts for already-robust South American harvests, traders said. Corn futures also weakened, hitting their lowest since January 30. Wheat f
Gold was on track for a second weekly gain on Friday as concern about the ability of US President Donald Trump to push legislation through Congress held the dollar near seven-week lows, making bullion cheaper for holders of other currencies. Spot gold was
Gold prices edged lower on Friday against a backdrop of a rising dollar as markets waited to see whether US President Donald Trump succeeds in pushing through healthcare reforms, viewed as a potential bellwether for his ability to impose his economic and
British police said Friday they had made further "significant" arrests over the Islamist-inspired terror attack on parliament, as they released the first picture of the home-grown killer who left four people dead. Khalid Masood, a 52-year-old Briton with