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Print - 2017-03-27
The national interest

The national interest

This is apropos a Business Recorder op-ed "Operation Searchlight" carried by the newspaper on Friday. The writer, Ikram Sehgal, has written, as a key witness to the events that preceded the break-up of Pakistan, in a nostalgic manner. The lack of p
Published 27 Mar, 2017 12:00am
The buck stops with Trump

The buck stops with Trump

Donald Trump sat in the Oval Office on Friday evening in an unfamiliar position - having to own failure. His health care reform, his very first significant legislative proposal, had fallen at the first hurdle in a friendly Congress.
Published 27 Mar, 2017 12:00am
A flawed approach to Federalism

A flawed approach to Federalism

The Sharif administration during its third stint in power is being consistently accused by provinces that do not have a PML-N government of violating the constitutional provisions that seek to deal with relations between the federal and provincial governm
Published 27 Mar, 2017 12:00am
Prospects of peace in Afghanistan

Prospects of peace in Afghanistan

The Taliban have opened their spring offensive by capturing the strategic city of Sangin in the opium-rich Helmand province. While Kabul says it was too hard to defend the city anymore the Americans have downplayed the surrender, claiming that only the di
Published 27 Mar, 2017 12:00am
Revenue shortfall

Revenue shortfall

The projected shortfall from the budgeted non-tax revenue must be an additional source of serious concern for the Dar-led Finance Ministry due to two prevalent factors. First and foremost, the United States recently released 350 million dollars under the
Published 27 Mar, 2017 12:00am
Race to lead Spain's Socialists heats up

Race to lead Spain's Socialists heats up

The race for the leadership of Spain's main opposition Socialists heated up Sunday as the president of the southern Andalusia region launched her bid to head the deeply-divided party. At a rally of some 6,000 party faithful in Madrid, among them former pr
Published 27 Mar, 2017 12:00am
Bangladesh commandos kill two Islamist extremists

Bangladesh commandos kill two Islamist extremists

Bangladesh army commandos shot dead two suspected Islamist extremists at a hideout in the north-east Sunday, a day after six people died in explosions claimed by the Islamic State group.
Published 27 Mar, 2017 12:00am
Six aid workers killed in South Sudan ambush: UN

Six aid workers killed in South Sudan ambush: UN

Six aid workers have been killed in an ambush in South Sudan, the UN said Sunday, the latest such attack in the country suffering a famine blamed on a brutal civil war.
Published 27 Mar, 2017 12:00am
Six aid workers killed in South Sudan ambush: UN

Six aid workers killed in South Sudan ambush: UN

Six aid workers have been killed in an ambush in South Sudan, the UN said Sunday, the latest such attack in the country suffering a famine blamed on a brutal civil war.
Published 27 Mar, 2017 12:00am
Beijing favourite Lam wins Hong Kong leadership

Beijing favourite Lam wins Hong Kong leadership

Beijing favourite Carrie Lam was selected as Hong Kong's new leader on Sunday by a mainly pro-China committee, in an election dismissed as a sham by democracy activists who fear the loss of the city's cherished freedoms.
Published 27 Mar, 2017 12:00am
Five dead in military helicopter crash in east Ukraine

Five dead in military helicopter crash in east Ukraine

A Ukrainian military helicopter crashed in the war-torn east of the country on Sunday, killing all five people aboard after apparently hitting a power line, in what is believed to be an accident, the army said. "Five people died in this tragedy - three cr
Published 27 Mar, 2017 12:00am
Australia braces for 'very destructive' cyclone

Australia braces for 'very destructive' cyclone

Australians are bracing for the worst cyclone in the country's north-east in several years, with residents evacuated and schools closed amid forecasts of destructive winds and rain.
Published 27 Mar, 2017 12:00am
Rebel court sentences Yemen president to death

Rebel court sentences Yemen president to death

A rebel court in Yemen's insurgent-held capital has sentenced President Abedrabbo Mansour Hadi to death for high treason in absentia, the rebel news agency has said. Yemen on Sunday marked the second anniversary of a Saudi-led coalition starting air strik
Published 27 Mar, 2017 12:00am
Rebel supporters flood Yemen streets on conflict anniversary

Rebel supporters flood Yemen streets on conflict anniversary

Hundreds of thousands of people demonstrated in Yemen's rebel-held capital on Sunday in a show of support for the insurgents, two years after a Gulf coalition intervened against the rebels. The Iran-backed Huthi rebels staged a show of force over the week
Published 27 Mar, 2017 12:00am
Arctic ice sets new record low for winter: scientists

Arctic ice sets new record low for winter: scientists

The extent of sea ice in the Arctic Ocean has set a new record low for the wintertime in a region strongly affected by long-term trends of global warming, scientists said on Wednesday.
Published 27 Mar, 2017 12:00am
Newer type two diabetes drugs show heart protective quality in study

Newer type two diabetes drugs show heart protective quality in study

A newer class of type 2 diabetes drugs significantly cut the risk of death and hospitalisation for heart failure compared with other medicines for the disease, according to data released on Sunday from a so-called real world study sponsored by AstraZeneca
Published 27 Mar, 2017 12:00am
Climate change 'makes deadly China pollution worse'

Climate change 'makes deadly China pollution worse'

Global warming has boosted the frequency and severity of deadly air pollution peaks in northern China, scientists said on Monday. Toxic particles in the air cause nearly a million premature deaths in the country every year, according to earlier research.
Published 27 Mar, 2017 12:00am
Bleached coral susceptible to disease: study

Bleached coral susceptible to disease: study

A spike in water temperature lasting only days bleached all the coral in a South China Sea atoll, and killed 40 percent of the tiny organisms within weeks, researchers reported on Thursday.
Published 27 Mar, 2017 12:00am
Deaths among people with autism up 700 percent since 1999

Deaths among people with autism up 700 percent since 1999

People with autism are three times as likely to die from an injury than the general population, said a study out Tuesday that pointed to troubling trends among people with the neurodevelopmental disorder. Deaths among people with autism are up 700 percent
Published 27 Mar, 2017 12:00am
When might you get Alzheimer's? New gene test may tell

When might you get Alzheimer's? New gene test may tell

International researchers said on Tuesday they have found a way to assess a person's genetic risk of developing Alzheimer's disease by a given age, a tool that could lead to better diagnosis and treatment. The report in the journal PLOS Medicine was based
Published 27 Mar, 2017 12:00am
Mavenir unveils cloud-based RCS Platform, Hub

Mavenir unveils cloud-based RCS Platform, Hub

Mavenir, the global leaders in software-defined infrastructure solutions with a world-leading installed base of advanced messaging solutions that support more than 3.5 billions of subscribers across 350 operators, on Tuesday announced the launch of its cl
Published 27 Mar, 2017 12:00am
Google adds audio-only calls to Duo, file sharing to Allo

Google adds audio-only calls to Duo, file sharing to Allo

Google said on Wednesday it would offer an audio-only option on its Duo video calls service to help users communicate using poor-quality connections, and was adding a feature to permit file sharing in group chats on its Allo messaging App.
Published 27 Mar, 2017 12:00am
Google opens 'shortcuts' to information, tools on phones
Currency

Google opens 'shortcuts' to information, tools on phones

Google wants to make it easier for you to find answers and recommendations on smartphones without having to think about what to ask its search engine. Its new feature, called "shortcuts ," will appear as a row of icons below the Google search box. Instead
Published 27 Mar, 2017 12:00am
Apple cuts prices on lower-end iPads, releases red iPhones

Apple cuts prices on lower-end iPads, releases red iPhones

Apple is cutting prices on two iPad models and introducing red iPhones, but the company held back on updating its higher-end iPad Pro tablets. A much-speculated 10.5-inch iPad Pro didn't materialise, nor did new versions of existing sizes in the Pro line-
Published 27 Mar, 2017 12:00am
Twitter eyes paid 'premium' service for power users

Twitter eyes paid 'premium' service for power users

Twitter confirmed Friday it is considering a paid subscription service that would give frequent users more tools to use the social network for marketing, journalism and other fields.
Published 27 Mar, 2017 12:00am
Needy expatriate workers get new phones as Singapore moves to scrap 2G

Needy expatriate workers get new phones as Singapore moves to scrap 2G

A Singapore migrant welfare group has started distributing 3G-enabled mobile phones to cash-strapped foreign workers days before the city-state shuts down its 2G network. Telecom operators in the highly wired island will end second-generation services on
Published 27 Mar, 2017 12:00am
IBM launches enterprise-ready blockchain service
Currency

IBM launches enterprise-ready blockchain service

International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the Linux Foundation.
Published 27 Mar, 2017 12:00am
CEO PIA visits Ramp and Food services divisions

CEO PIA visits Ramp and Food services divisions

The Chief Executive Officer (CEO) of Pakistan International Airlines (PIA), Bernd Hildenbrand, visited the Ramp Services and Food Services divisions of the airline here on Sunday, an official of the national flag carrier said.
Published 27 Mar, 2017 12:00am
Harem Marketing, Oktopus Media Group sign real estate contract

Harem Marketing, Oktopus Media Group sign real estate contract

Harem Marketing Services and Oktopus Media Group signed a contract of business partnership for real estate advertising and marketing. In line with this contract, only Oktopus Media Group would perform the duties of advertising, nationally and internationa
Published 27 Mar, 2017 12:00am
Khaqan visits $ 5 billion PARCO coastal refinery site

Khaqan visits $ 5 billion PARCO coastal refinery site

Pak-Arab Refinery Limited (PARCO), an integrated energy company, is a joint venture between Pakistan and the Emirate of Abu Dhabi. PARCO owns and operates over 2000 kms of pipeline network, Pakistan's largest and most modern refinery, marketing, distribut
Published 27 Mar, 2017 12:00am
100 Indian fishermen arrested

100 Indian fishermen arrested

Pakistan has arrested at least 100 Indian fishermen for illegally fishing in its waters, officials said on Sunday. The Maritime Security Agency (MSA) made the arrests Saturday night, and also impounded 19 wooden boats, a security official told AFP on cond
Published 27 Mar, 2017 12:00am
Two shot dead for honour in Sukkur

Two shot dead for honour in Sukkur

Armed men gunned down 2 people including a woman for honour and escaped after committing dual murder here on Sunday. Police said that the incident took place in Jhangro area of Sukkur where armed men over suspicion of illicit relations shot dead a woman a
Published 27 Mar, 2017 12:00am
Sharjeel demands Nisar's resignation

Sharjeel demands Nisar's resignation

Former Sindh minister and Pakistan People's Party leader Sharjeel Memon lashed out at Interior Minister Chaudhry Nisar Ali Khan and demanded his resignation. Addressing media before leaving for Hyderabad to address a public gathering, Memon called Nisar '
Published 27 Mar, 2017 12:00am
Skilled workforce vital for development: Governor

Skilled workforce vital for development: Governor

Governor Sindh Muhammad Zubair has said that availability of trained manpower is vital for the process of development. This he stated while speaking at tool kits distribution ceremony held under the auspices of Prime Minister Youth Skill Development Progr
Published 27 Mar, 2017 12:00am
No one can stop Balochistan's development: Zehri

No one can stop Balochistan's development: Zehri

Balochistan Chief Minister Sardar Sanaullah Khan Zehri has said Balochistan is changing and no one can stop its development and prosperity. Speaking at the launching ceremony of Gwadar Gymkhana here on Saturday night, he said educated and developed Baloch
Published 27 Mar, 2017 12:00am
China Telcom books 10 percent profit fall

China Telcom books 10 percent profit fall

Chinese state-owned telecommunications network operator China Telecom Corp Ltd on Tuesday reported net profit that fell 10.2 percent last year due to a higher base of comparison, and said subscribers to its 4G mobile network doubled.
Published 27 Mar, 2017 12:00am
Google to revamp policies, hire staff

Google to revamp policies, hire staff

Google vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies after several companies deserted the internet giant for failing to keep their adverts off hate-filled videos.
Published 27 Mar, 2017 12:00am
Nike's quarterly revenue misses estimates
Currency

Nike's quarterly revenue misses estimates

Nike Inc reported lower-than-expected quarterly revenue on Tuesday as the world's largest footwear maker battles for market share in North America with a resurgent Adidas AG and a fast-growing Under Armour Inc. Shares of the Dow component were down 3.6 pe
Published 27 Mar, 2017 12:00am
Nike's quarterly revenue misses estimates
Currency

Nike's quarterly revenue misses estimates

Nike Inc reported lower-than-expected quarterly revenue on Tuesday as the world's largest footwear maker battles for market share in North America with a resurgent Adidas AG and a fast-growing Under Armour Inc. Shares of the Dow component were down 3.6 pe
Published 27 Mar, 2017 12:00am
DP World optimistic about emerging Markets

DP World optimistic about emerging Markets

DP World, an operator of ports from Algeria to Peru, is optimistic about growth in emerging markets, undeterred by US President Donald Trump's pursuit of protectionist trade policies.
Published 27 Mar, 2017 12:00am
FedEx misses on earnings, but sees higher margins ahead

FedEx misses on earnings, but sees higher margins ahead

FedEx Corp on Tuesday reported worse-than-expected quarterly operating earnings, but an optimistic outlook for margins in the near-term soothed investors. Shares of FedEx, often considered a bellwether for the US economy like rival UPS because they offer
Published 27 Mar, 2017 12:00am
Petrobras sees $4 billion 2016 loss, but fourth quarter up

Petrobras sees $4 billion 2016 loss, but fourth quarter up

Brazil's troubled national oil company Petrobras posted a $4 billion loss in 2016 but ended in positive territory for the fourth quarter, executives said on Tuesday. Petrobras, pounded by a giant corruption scandal that is shaking Brazilian politics, said
Published 27 Mar, 2017 12:00am
BNP Paribas to cut investment bank staff in France, UK

BNP Paribas to cut investment bank staff in France, UK

France's BNP Paribas plans to cut investment banking staff in France, the United Kingdom and Luxembourg by the end of 2018, although staffing levels at the business should remain stable in Europe overall, it said in its annual report.
Published 27 Mar, 2017 12:00am
CAF secretary-general El Amrani quits

CAF secretary-general El Amrani quits

African Football Confederation (CAF) secretary-general Hicham El Amrani resigned on Sunday without giving an explanation. The 37-year-old Moroccan revealed his decision in a letter to African national football associations.
Published 27 Mar, 2017 12:00am
Federer, Wawrinka advance in Miami

Federer, Wawrinka advance in Miami

Roger Federer survived a brave challenge from American qualifier Frances Tiafoe before emerging with a 7-6 (7/2) 6-3 victory as he got his Miami Open title bid underway on Saturday. Tiafoe, ranked 101st in the world, struggled against Federer's serve but
Published 27 Mar, 2017 12:00am
Dutch suffer World Cup shock, Ronaldo in 70-goal landmark

Dutch suffer World Cup shock, Ronaldo in 70-goal landmark

The Netherlands' hopes of reaching the World Cup finals suffered a major setback on Saturday when the three-time runners-up slumped to a shock 2-0 defeat to Bulgaria. The loss left the Dutch six points behind Group A leaders France, who beat Luxembourg 3-
Published 27 Mar, 2017 12:00am
Pliskova advances, Radwanska ousted in Miami tennis

Pliskova advances, Radwanska ousted in Miami tennis

Fifth-seed Agnieszka Radwanska had her bid to repeat her 2012 success at the Miami Open ended by Croatian veteran Mirjana Lucic-Baroni at Crandon Park on Saturday. But second-seed Karolina Pliskova fought past Yulia Putintseva of Kazakhstan 7-5 6-3 to mov
Published 27 Mar, 2017 12:00am
PPL Balochistan Football Cup 2017

PPL Balochistan Football Cup 2017

The weekend served the football fraternity in Quetta with a bumper joy to whet their appetites when the final round of PPL Balochistan Football Cup 2017 saw the biggest victory achieved by Quetta City defeating Jaffarabad with 11 goals.
Published 27 Mar, 2017 12:00am
Vettel masters Hamilton to win Australian Grand Prix

Vettel masters Hamilton to win Australian Grand Prix

Sebastian Vettel out-manoeuvred Lewis Hamilton and the world champion Mercedes team with a stunning victory in the season-opening Australian Grand Prix in Melbourne on Sunday. Vettel won by almost 10 seconds from Hamilton and Mercedes team-mate Valtteri B
Published 27 Mar, 2017 12:00am
De Kock bats through pain as Test evenly poised

De Kock bats through pain as Test evenly poised

Quinton de Kock batted through the pain of a damaged finger to bolster South Africa with a defiant 90 as the deciding Test against New Zealand was evenly poised at the end of day three in Hamilton on Sunday.
Published 27 Mar, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (March 26, 2017) and the forecast for Monday (March 27, 2017).

Published 27 Mar, 2017 12:00am
Lyon roars for Australia in fourth India Test

Lyon roars for Australia in fourth India Test

Off-spinner Nathan Lyon took four key wickets to fashion a late comeback for Australia on an engrossing second day in the decisive fourth Test against India on Sunday. The 29-year-old made the most of a lively track at Dharamsala, which is hosting its fir
Published 27 Mar, 2017 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 20 to 24 2017).

Published 27 Mar, 2017 12:00am
Brexit sparks race to host European Banking Authority

Brexit sparks race to host European Banking Authority

Along with banks that have signalled they will be moving jobs abroad, Brexit will probably see the European Banking Authority leave London - and rival cities are jockeying to be its next host. The London headquarters of the European Union's financial regu
Published 27 Mar, 2017 12:00am
Uber grounds self-driving cars after accident

Uber grounds self-driving cars after accident

Uber has grounded its fleet of self-driving cars pending an investigation into the crash of an Uber autonomous vehicle in Arizona, a spokesperson for the car-hailing service said Sunday. No one was seriously injured in the accident which occurred Friday i
Published 27 Mar, 2017 12:00am
Honest leadership only available in PTI: Khattak

Honest leadership only available in PTI: Khattak

KP Chief Minister Pervez Khattak has said that the country badly needs honest leadership which is only available in the shape of PTI chief Imran Khan. Addressing public gatherings in Azakhel and Dagai, district Nowshera, he said that PTI will sweep the ge
Published 27 Mar, 2017 12:00am
Joint Saudi-Kuwait oilfields to resume operations

Joint Saudi-Kuwait oilfields to resume operations

Two oilfields run jointly by Saudi Arabia and Kuwait will resume operations within two months after a years-long shutdown spurred by a row between the producers, a minister said Sunday.
Published 27 Mar, 2017 12:00am
Zardari convenes meeting to discuss award of party tickets

Zardari convenes meeting to discuss award of party tickets

With eyes on the next general elections, the Pakistan Peoples Party (PPP) has started preparatory work to bag maximum number of National Assembly seats in Punjab so as to return the corridor of power.
Published 27 Mar, 2017 12:00am
Gulf Arab states push for UK free trade deal after Brexit

Gulf Arab states push for UK free trade deal after Brexit

Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months, Gulf officials say.
Published 27 Mar, 2017 12:00am
Two robbers killed in encounter

Two robbers killed in encounter

Two robbers were killed and arms recovered in a police encounter here on Sunday. The police on a tip-off chased a gang of robbers and approached them in Factory Area of the provincial capital Lahore. Upon sight of police, the robbers started firing and tr
Published 27 Mar, 2017 12:00am
Spain Prime Minister backs economy minister for Eurogroup head

Spain Prime Minister backs economy minister for Eurogroup head

Spain's economy minister would be a good head of the Eurogroup of eurozone finance ministers, Spanish Prime Minister Mariano Rajoy said Sunday as the current chair faces calls to resign. Eurogroup chief Jeroen Dijsselbloem, who is also Dutch finance minis
Published 27 Mar, 2017 12:00am
Demo held against attack on cultural show

Demo held against attack on cultural show

Scores of people mostly Pakhtuns staged a demonstration on Sunday outside Karachi Press Club to denounce the violent incident that occurred in Punjab University (PU) Lahore in which 5 students were injured.
Published 27 Mar, 2017 12:00am
Oman agrees to deepen ties with Iran central bank

Oman agrees to deepen ties with Iran central bank

Oman's central bank has signed a memorandum of understanding with the Iranian central bank to strengthen financial and economic co-operation between the two countries, the Omani institution said on Sunday. It did not give details of the co-operation, but
Published 27 Mar, 2017 12:00am
Marriyum takes strong exception to ramblings of Memon

Marriyum takes strong exception to ramblings of Memon

Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb has taken strong exception to the ramblings of Sharjeel Memon about Interior Minister Chaudhry Nisar Ali Khan.
Published 27 Mar, 2017 12:00am
Iran to appeal seizure of 9/11 compensation money

Iran to appeal seizure of 9/11 compensation money

Iran's central bank said Sunday it will appeal Luxembourg's decision to freeze $1.6 billion of its assets, which the US is claiming as compensation for victims of the September 11, 2001 attacks. The bank also said it would take steps to curb its remaining
Published 27 Mar, 2017 12:00am
Nigeria's capital spending hits record $3.3 billion

Nigeria's capital spending hits record $3.3 billion

Capital released to Nigeria's ministries and government agencies under the 2016 budget has reached a record 1 trillion naira ($3.3 billion), the finance minister said on Sunday.
Published 27 Mar, 2017 12:00am
The national interest

The national interest

This is apropos a Business Recorder op-ed "Operation Searchlight" carried by the newspaper on Friday. The writer, Ikram Sehgal, has written, as a key witness to the events that preceded the break-up of Pakistan, in a nostalgic manner. The lack of p
Published 27 Mar, 2017 12:00am
Nigeria's capital spending hits record $3.3 billion

Nigeria's capital spending hits record $3.3 billion

Capital released to Nigeria's ministries and government agencies under the 2016 budget has reached a record 1 trillion naira ($3.3 billion), the finance minister said on Sunday.
Published 27 Mar, 2017 12:00am
Li in New Zealand for trade talks

Li in New Zealand for trade talks

New Zealand said Sunday it did not plan to "choose sides" on trade between the United States and China, as Chinese Premier Li Keqiang arrived for a visit focused on the issue. Wellington in 2008 became the first developed nation to sign a free trade agree
Published 27 Mar, 2017 12:00am
The buck stops with Trump

The buck stops with Trump

Donald Trump sat in the Oval Office on Friday evening in an unfamiliar position - having to own failure. His health care reform, his very first significant legislative proposal, had fallen at the first hurdle in a friendly Congress.
Published 27 Mar, 2017 12:00am
Brazil protesters demand anti-corruption drive go 'all the way'

Brazil protesters demand anti-corruption drive go 'all the way'

Brazilians furious at corruption took to the streets Sunday to support a politically explosive probe into high-level embezzlement and bribery. The long-planned day of nation-wide demonstrations kicked off in the capital Brasilia and Rio de Janeiro, with t
Published 27 Mar, 2017 12:00am
A flawed approach to Federalism

A flawed approach to Federalism

The Sharif administration during its third stint in power is being consistently accused by provinces that do not have a PML-N government of violating the constitutional provisions that seek to deal with relations between the federal and provincial governm
Published 27 Mar, 2017 12:00am
Prospects of peace in Afghanistan

Prospects of peace in Afghanistan

The Taliban have opened their spring offensive by capturing the strategic city of Sangin in the opium-rich Helmand province. While Kabul says it was too hard to defend the city anymore the Americans have downplayed the surrender, claiming that only the di
Published 27 Mar, 2017 12:00am
Switzerland extends ban on meat from Brazilian processing plants

Switzerland extends ban on meat from Brazilian processing plants

Switzerland has extended a ban on Brazilian meat to 21 processing plants from four as part of Europe-wide safety measures, Swiss authorities said on Sunday. EU veterinary experts recommended reinforced checks on imports of meat from Brazil on Friday after
Published 27 Mar, 2017 12:00am
Revenue shortfall

Revenue shortfall

The projected shortfall from the budgeted non-tax revenue must be an additional source of serious concern for the Dar-led Finance Ministry due to two prevalent factors. First and foremost, the United States recently released 350 million dollars under the
Published 27 Mar, 2017 12:00am
China will open more to investors, but others must be fair: central bank

China will open more to investors, but others must be fair: central bank

China will substantially cut the number of sectors closed to foreign investment, its central bank governor said on Sunday. But Zhou Xiochuan of the People's Bank of China (PBOC) also said that as his country opens wider, "we want China to get fair treatme
Published 27 Mar, 2017 12:00am
Race to lead Spain's Socialists heats up

Race to lead Spain's Socialists heats up

The race for the leadership of Spain's main opposition Socialists heated up Sunday as the president of the southern Andalusia region launched her bid to head the deeply-divided party. At a rally of some 6,000 party faithful in Madrid, among them former pr
Published 27 Mar, 2017 12:00am
Misconduct rife in derivatives

Misconduct rife in derivatives

A "massive amount of misconduct" in futures, options and swaps markets goes undetected because of insufficient data mining, Aitan Goelman, who until last month was enforcement chief for the top US derivatives regulator, said in an interview. Goelman said
Published 27 Mar, 2017 12:00am
Bangladesh commandos kill two Islamist extremists

Bangladesh commandos kill two Islamist extremists

Bangladesh army commandos shot dead two suspected Islamist extremists at a hideout in the north-east Sunday, a day after six people died in explosions claimed by the Islamic State group.
Published 27 Mar, 2017 12:00am
Misconduct rife in derivatives

Misconduct rife in derivatives

A "massive amount of misconduct" in futures, options and swaps markets goes undetected because of insufficient data mining, Aitan Goelman, who until last month was enforcement chief for the top US derivatives regulator, said in an interview. Goelman said
Published 27 Mar, 2017 12:00am
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