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Print - 2017-04-23
Lawyers' body gives PM a week to resign

Lawyers' body gives PM a week to resign

The Lahore High Court Bar Association (LHCBA) on Saturday asked Prime Minister Nawaz Sharif to resign within a week or face a lawyers' movement. LHCBA President Zulfiqar Chaudhry, Vice President Rashid Lodhi, Secretary Amir Saeed and Finance Secretary Zah
Published 23 Apr, 2017 12:00am
Over 100 killed, wounded in Taliban attack on Afghan military base

Over 100 killed, wounded in Taliban attack on Afghan military base

More than 100 Afghan soldiers were killed and wounded in a Taliban attack on an army base in northern Afghanistan, the defence ministry said Saturday, the latest in a string of deadly assaults against Afghan military sites. The ministry did not give a bre
Published 23 Apr, 2017 12:00am
Over 100 killed, wounded in Taliban attack on Afghan military base

Over 100 killed, wounded in Taliban attack on Afghan military base

More than 100 Afghan soldiers were killed and wounded in a Taliban attack on an army base in northern Afghanistan, the defence ministry said Saturday, the latest in a string of deadly assaults against Afghan military sites. The ministry did not give a bre
Published 23 Apr, 2017 12:00am
Venezuelans stage 'silent protest' in wave of unrest

Venezuelans stage 'silent protest' in wave of unrest

Dressed in white, Venezuelan protesters marched in silence on Saturday to demand the ouster of President Nicolas Maduro, a show of defiance after three weeks of unrest that left 20 people dead. After tense negotiations with security forces blocking their
Published 23 Apr, 2017 12:00am
Venezuelans stage 'silent protest' in wave of unrest

Venezuelans stage 'silent protest' in wave of unrest

Dressed in white, Venezuelan protesters marched in silence on Saturday to demand the ouster of President Nicolas Maduro, a show of defiance after three weeks of unrest that left 20 people dead. After tense negotiations with security forces blocking their
Published 23 Apr, 2017 12:00am
Imran alerts Zardari: Now, I am after you

Imran alerts Zardari: Now, I am after you

Pakistan Tehreek-e-Insaf chief Imran Khan said here on Saturday that PPP-Parliamentarians president Asif Ali Zardari will be his next target, Aaj News reported. "Zardari, now I am after you," he said while speaking at a public meeting in district Dadu whe
Published 23 Apr, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (April 22, 2017) and the forecast for Sunday (April 23, 2017).

Published 23 Apr, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 22, 2017)

Published 23 Apr, 2017 12:00am
Hides and skins rates

Hides and skins rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
THE RUPEE: 10 paisas recovery
Currency

THE RUPEE: 10 paisas recovery

Modest recovery was witnessed on the money market on Saturday as the rupee moved higher against the dollar in the process of trading, dealers said. The rupee gained 10 paisas in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10, they s
Published 23 Apr, 2017 12:00am
THE RUPEE: 10 paisas recovery
Currency

THE RUPEE: 10 paisas recovery

Modest recovery was witnessed on the money market on Saturday as the rupee moved higher against the dollar in the process of trading, dealers said. The rupee gained 10 paisas in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10, they s
Published 23 Apr, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 22, 2017).

Published 23 Apr, 2017 12:00am
Shanghai port, world's busiest, grapples with traffic congestion

Shanghai port, world's busiest, grapples with traffic congestion

The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say. M
Published 23 Apr, 2017 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday, hitting a one-month high for the fourth straight day, on concerns about snowy weather in parts of the Canadian Prairies. Northern Alberta, where a significant area of last year's crop remains unharvested, rece
Published 23 Apr, 2017 12:00am
CBOT wheat futures down

CBOT wheat futures down

Chicago Board of Trade wheat futures dropped 3 percent on Thursday, with outlook for rains in the US Plains pressuring the market throughout the day. A turnaround in the US dollar, which had weakened for much of the trading day, pushed prices to session l
Published 23 Apr, 2017 12:00am
Asian gasoil firms as maintenance cuts supply

Asian gasoil firms as maintenance cuts supply

The Asian gasoil differentials firmed on Thursday as supply of the fuel was cut amid refinery maintenance in the region, traders said. Singapore middle distillates stocks, which comprise gasoil and jet fuel, fell 17 percent to a more than three-month low
Published 23 Apr, 2017 12:00am
Russia not to reopen tomatoes market for Turkish imports

Russia not to reopen tomatoes market for Turkish imports

Russia does not intend to open up its market for tomatoes to Turkish growers, despite losing up to $1.5 billion from a trade dispute with Ankara, Russian Agriculture Minister Alexander Tkachev said on Wednesday. Turkey has effectively put purchases of whe
Published 23 Apr, 2017 12:00am
Indian sugar output seen jumping in key producing state

Indian sugar output seen jumping in key producing state

Sugar output in Maharashtra, one of India's key producing states, will likely jump nearly 70 percent in 2017/18 to 7 million tonnes as ample rainfall drives farmers to plant more cane, an industry body told Reuters. That jump would help push the country's
Published 23 Apr, 2017 12:00am
European wheat prices fall on decline in US markets
Currency

European wheat prices fall on decline in US markets

European wheat prices fell on Thursday, weighed by a decline in US markets and a rise in the euro which reduced the competitiveness of EU exports. By 1555 GMT front-month milling wheat May on Paris-based Euronext futures was down 0.6 percent to 163.50 eur
Published 23 Apr, 2017 12:00am
European gasoline margins fall sharply

European gasoline margins fall sharply

European gasoline margins fell sharply on Thursday as ARA stocks rose, mirroring a rise last week in the United States. Gasoline stocks at independently held storage in the Amsterdam-Rotterdam-Antwerp (ARA) hub rose by 5.77 percent in the past week on inc
Published 23 Apr, 2017 12:00am
CBOT corn futures lower

CBOT corn futures lower

Chicago Board of Trade corn futures closed lower on Thursday on a drop in wheat prices. Forecasts called for improved planting conditions in the northern half of the Midwest this week. The USDA reported export sales of US corn in the latest week at 848,20
Published 23 Apr, 2017 12:00am
Vietnamese, Indonesian coffee prices fall

Vietnamese, Indonesian coffee prices fall

Coffee prices in Vietnam eased this week as trade was thin due to low demand while prices in Indonesia dropped on surplus supply, traders said on Thursday. The 5-percent black and broken grade 2 robusta in Vietnam, the world's largest grower of robusta be
Published 23 Apr, 2017 12:00am
CBOT soyabean futures drop on weak export data

CBOT soyabean futures drop on weak export data

Soyabean futures on the Chicago Board of Trade (CBOT) closed down on Thursday on weak export data, analysts said. The wet weather in the US Midwest, which could boost soyabean acreage if corn planting is delayed, added pressure to futures. CBOT May soyabe
Published 23 Apr, 2017 12:00am
Iraq seeks to buy 30,000 tonnes of Thai rice

Iraq seeks to buy 30,000 tonnes of Thai rice

The lowest offer in the tender from Iraq's state grains buyer to purchase at least 30,000 tonnes of rice was $408 a tonne c&f free out for rice to be sourced from Thailand, traders said on Wednesday. No decision about a purchase was believed to have been
Published 23 Apr, 2017 12:00am
Brazil's coffee output likely to fall

Brazil's coffee output likely to fall

Brazil's coffee output this year should fall between 15 percent and 20 percent from the previous season, but production will make a strong recovery in 2018, the global head of coffee for Chinese commodities group COFCO told Reuters on Thursday. Joseph Rei
Published 23 Apr, 2017 12:00am
Thai rice prices rise, Indian rates climb

Thai rice prices rise, Indian rates climb

Rice prices in Thailand rose on thin supply and Indian rates climbed on stronger rupee, while trade in Vietnam remained sluggish, traders said on Thursday. Thai benchmark 5-percent broken rice rose this week to $360-$375 a tonne, free-on-board (FOB) Bangk
Published 23 Apr, 2017 12:00am
Prices down on cotton market
Cotton

Prices down on cotton market

Cotton prices came down on the local market on Saturday in the process of modest trading activity, dealers said. The official spot rate was down by Rs 50 to Rs 6700, they said. In ready session, over 600 bales of cotton changed hands between Rs 6425 and R
Published 23 Apr, 2017 12:00am
Washington threatens funding cut to California, other 'sanctuary' areas

Washington threatens funding cut to California, other 'sanctuary' areas

The US Department of Justice threatened on Friday to cut off funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called "sanctuary cities" that do not cooperate with federa
Published 23 Apr, 2017 12:00am
Brazil's finance minister rules out additional pension measures

Brazil's finance minister rules out additional pension measures

Brazil's government sees no need for additional measures to reduce social security spending despite recent changes to a pension reform proposal, Finance Minister Henrique Meirelles said on Friday. President Michel Temer's administration has agreed to soft
Published 23 Apr, 2017 12:00am
United CEO Munoz will not chair board in 2018

United CEO Munoz will not chair board in 2018

United Continental Holdings Inc (UAL.N) said on Friday Chief Executive Oscar Munoz will not become chairman in 2018, under an amendment to his employment agreement approved after an uproar over the treatment of a passenger. In a reversal of his earlier em
Published 23 Apr, 2017 12:00am
United CEO Munoz will not chair board in 2018

United CEO Munoz will not chair board in 2018

United Continental Holdings Inc (UAL.N) said on Friday Chief Executive Oscar Munoz will not become chairman in 2018, under an amendment to his employment agreement approved after an uproar over the treatment of a passenger. In a reversal of his earlier em
Published 23 Apr, 2017 12:00am
Trump takes aim at US financial oversight law

Trump takes aim at US financial oversight law

US President Donald Trump signed executive orders Friday aimed at reviewing American financial laws and laying the groundwork for what he called a "great economic revival." Key among them was a six-month review of core parts of the Dodd-Frank law, a measu
Published 23 Apr, 2017 12:00am
China central bank has set no limits on yuan outflows
Currency

China central bank has set no limits on yuan outflows

China's central bank has never imposed controls on cross-border yuan deals to demand that banks match outflows with equal inflows, the official Shanghai Securities Journal on Friday. Banking sources on Wednesday said China's central bank had relaxed some
Published 23 Apr, 2017 12:00am
World Bank, Amundi launch $2 billion green bond fund

World Bank, Amundi launch $2 billion green bond fund

The World Bank's private financing arm on Friday launched a joint venture with Europe's largest asset manager, Amundi, to create a $2 billion green bond fund to unlock financing for environmental projects in developing countries. In the wake of the Paris
Published 23 Apr, 2017 12:00am
World Bank, Amundi launch $2 billion green bond fund

World Bank, Amundi launch $2 billion green bond fund

The World Bank's private financing arm on Friday launched a joint venture with Europe's largest asset manager, Amundi, to create a $2 billion green bond fund to unlock financing for environmental projects in developing countries. In the wake of the Paris
Published 23 Apr, 2017 12:00am
US judge sentences Volkswagen to three years probation, oversight

US judge sentences Volkswagen to three years probation, oversight

A federal judge in Detroit on Friday sentenced Volkswagen AG (VOWG_p.DE) to three years' probation and independent oversight for the German automaker's diesel emissions scandal as part of a $4.3 billion settlement announced in January. The plea agreement
Published 23 Apr, 2017 12:00am
Georgians caught with $90,000 of stolen cash in underwear
Currency

Georgians caught with $90,000 of stolen cash in underwear

Two Georgian men were busted in a Myanmar airport with $90,000 of stolen cash hidden in their underwear which they had swiped from a local money changer, police said Saturday. Officers said the middle-aged men, identified as Janjgava Revas, 64, and Narman
Published 23 Apr, 2017 12:00am
Europe's largest wooden church restored in Poland

Europe's largest wooden church restored in Poland

Europe's largest wooden church has recovered its original splendour after three years of restoration work, the coordinator of the project in southern Poland said Friday. A UNESCO World Heritage site, the Lutheran Church of Peace in Swidnica was built in t
Published 23 Apr, 2017 12:00am
'Urgent' to reach agreement on loan for Greece: IMF

'Urgent' to reach agreement on loan for Greece: IMF

It is "urgent" to reach an agreement on a loan program for Greece but a commitment is still required from Athens on reforms and from Europe on debt relief, a senior IMF official said Friday. "It is urgent that we agree on a program and that we conclude th
Published 23 Apr, 2017 12:00am
Sky TV profits drop on rising UK football costs

Sky TV profits drop on rising UK football costs

European pay-TV giant Sky, set for a takeover by 21st Century Fox, announced Thursday a drop in profits, hit by the rising cost of showing live English Premier League football. A fall in operating profits for the first nine months of Sky's financial year
Published 23 Apr, 2017 12:00am
Sky TV profits drop on rising UK football costs

Sky TV profits drop on rising UK football costs

European pay-TV giant Sky, set for a takeover by 21st Century Fox, announced Thursday a drop in profits, hit by the rising cost of showing live English Premier League football. A fall in operating profits for the first nine months of Sky's financial year
Published 23 Apr, 2017 12:00am
Foreign investors have bigger worries than UK elections
Currency

Foreign investors have bigger worries than UK elections

A surprise call for a UK election has barely ruffled feathers among foreign investors, who have pumped money back into British stocks after last year's sterling slide following the Brexit referendum spurred a rush for the exits. More than half the money p
Published 23 Apr, 2017 12:00am
Bonds firm as investors wait on French election

Bonds firm as investors wait on French election

US Treasury prices gained slightly on Friday ahead of Sunday's presidential election in France, with no major US economic releases due to set market direction. Benchmark 10-year note yields have held in a tight range since falling to five-month lows on Tu
Published 23 Apr, 2017 12:00am
Bonds firm as investors wait on French election

Bonds firm as investors wait on French election

US Treasury prices gained slightly on Friday ahead of Sunday's presidential election in France, with no major US economic releases due to set market direction. Benchmark 10-year note yields have held in a tight range since falling to five-month lows on Tu
Published 23 Apr, 2017 12:00am
Wall Street dips before French election, but up for week

Wall Street dips before French election, but up for week

US stocks dipped on Friday as investors were cautious ahead of the first round of the closely contested French presidential election, but the S&P 500 managed to notch its first weekly gain in three. The first round of France's presidential election may be
Published 23 Apr, 2017 12:00am
Netmarble Games raises $2.3 billion in South Korea's second-biggest IPO

Netmarble Games raises $2.3 billion in South Korea's second-biggest IPO

Netmarble Games Corp, South Korea's largest mobile games maker, has raised $2.3 billion in the country's second-biggest share sale, just weeks after one of its domestic-only titles sold so well it was named the world's best-selling mobile game. The firm p
Published 23 Apr, 2017 12:00am
Netmarble Games raises $2.3 billion in South Korea's second-biggest IPO

Netmarble Games raises $2.3 billion in South Korea's second-biggest IPO

Netmarble Games Corp, South Korea's largest mobile games maker, has raised $2.3 billion in the country's second-biggest share sale, just weeks after one of its domestic-only titles sold so well it was named the world's best-selling mobile game. The firm p
Published 23 Apr, 2017 12:00am
Pre-vote caution drags French bond yields back from three-month lows

Pre-vote caution drags French bond yields back from three-month lows

France's government bond yields pulled back from three-month lows on Friday, as a sense of caution set in during the final hours of trade before a close-run French presidential election. Ten-year bonds yields initially fell, with traders focusing on the f
Published 23 Apr, 2017 12:00am
Pre-vote caution drags French bond yields back from three-month lows

Pre-vote caution drags French bond yields back from three-month lows

France's government bond yields pulled back from three-month lows on Friday, as a sense of caution set in during the final hours of trade before a close-run French presidential election. Ten-year bonds yields initially fell, with traders focusing on the f
Published 23 Apr, 2017 12:00am
TSX ends lower as banks weigh, energy shrugs off oil fall

TSX ends lower as banks weigh, energy shrugs off oil fall

Canada's main stock index ended barely lower on Friday as bank stocks pulled back with lower bond yields after weak inflation data and energy stocks shrugged off an oil slide to notch gains while SNC-Lavalin Group Inc rose on an acquisition move. The Toro
Published 23 Apr, 2017 12:00am
Currencies trade near multi-week lows on French vote worry

Currencies trade near multi-week lows on French vote worry

Central European currencies hovered near multi-week lows on Friday due to fears that an anti-EU candidate may win the first round of France's presidential election on Sunday. Opinion polls put centrist Emmanuel Macron in pole position, but a shooting of a
Published 23 Apr, 2017 12:00am
Dollar firms vs euro with French election in focus
Currency

Dollar firms vs euro with French election in focus

The euro weakened against the US dollar on Friday as investors braced for Sunday's first round of a tight French presidential election. The euro was down 0.14 percent against the dollar at $1.0699, off the session low of $1.0683. The common currency was 0
Published 23 Apr, 2017 12:00am
Taiwan confident of being removed from US currency watch list
Currency

Taiwan confident of being removed from US currency watch list

Taiwan's trade surplus with the United States is significantly smaller than Washington estimates, the economics minister said, a point it hopes to press in its bid to get off the US Treasury's watch list of potential currency manipulators. "This issue has
Published 23 Apr, 2017 12:00am
Mexican peso slips in worst week since January
Currency

Mexican peso slips in worst week since January

Mexico's peso eased on Friday amid global jitters over the French election, posting its worst weekly loss since the start of the year. Markets braced for the first round of the French presidential election on Sunday ahead of a runoff between the top two c
Published 23 Apr, 2017 12:00am
Calpers says will oppose nine directors at Wells Fargo

Calpers says will oppose nine directors at Wells Fargo

Officials of the California Public Employees' Retirement System said Friday they are voting against nine of 15 Wells Fargo & Co directors up for election at the bank's annual meeting next week, citing the bank's phony-account scandal. Leaders of the large
Published 23 Apr, 2017 12:00am
Euro net shorts rise to highest since mid-March: CFTC

Euro net shorts rise to highest since mid-March: CFTC

Net short positioning on the euro increased to its largest since mid-March, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday, as speculators braced for the outcome of French elections over the weekend.
Published 23 Apr, 2017 12:00am
Sterling set for best week since November, retail sales weigh
Currency

Sterling set for best week since November, retail sales weigh

Sterling slipped against the dollar on Friday after weaker-than- expected UK retail sales, but it stayed on track for its strongest week since November after British Prime Minister Theresa May's decision this week to call an early general election. May's
Published 23 Apr, 2017 12:00am
Cycling: Valverde favourite at Liege in shadow of Scarponi death

Cycling: Valverde favourite at Liege in shadow of Scarponi death

The sudden death of Italian Michele Scarponi will overshadow Sunday's Liege-Bastogne-Liege race but fellow veteran Alejandro Valverde will be focused nonetheless on capturing a fourth victory. On Wednesday, Spaniard Valverde won La Fleche Wallonne for the
Published 23 Apr, 2017 12:00am
Bale back, Barca desperate for must-win Clasico

Bale back, Barca desperate for must-win Clasico

Luis Enrique says his last Clasico in charge of Barcelona at Real Madrid on Sunday is a must-win for the reigning La Liga champions. Anything other than a Barca victory at the Santigao Bernabeu would more or less hand Madrid their first Spanish league tit
Published 23 Apr, 2017 12:00am
Insigne signs new five-year deal at Napoli

Insigne signs new five-year deal at Napoli

Italian international winger Lorenzo Insigne has signed a five-year contract extension with Napoli that will see him remain at the club until June 2022, it was announced Saturday. With 14 goals and seven assists in Serie A so far this season Insigne has b
Published 23 Apr, 2017 12:00am
United expect Shaw thing at Burnley

United expect Shaw thing at Burnley

Luke Shaw hopes to be offered the opportunity to resurrect his Premier League career by Jose Mourinho at Burnley on Sunday after helping Manchester United into the Europa League semi-finals. The England full-back played 120 minutes in Thursday's extra-tim
Published 23 Apr, 2017 12:00am
Wrist injury rules Nishikori out of Barcelona

Wrist injury rules Nishikori out of Barcelona

Japan's Kei Nishikori was forced to pull out of this week's Barcelona Open on Saturday, citing a wrist injury. "I am very sorry to pull out of the Barcelona tournament," Nishikori, who won in Barcelona in 2014 and 2015, said in a statement. "It's obviousl
Published 23 Apr, 2017 12:00am
Aqeel into Q-final of 36th CAS Tennis Championship

Aqeel into Q-final of 36th CAS Tennis Championship

International tennis star and Pakistan's most Davis Aqeel Khan entered into the quarter-finals after recording pre-quarter-finals victory against Farhan Ullah in the ongoing 36th Chief of the Air Staff Khyber Open Tennis Championship being played here at
Published 23 Apr, 2017 12:00am
Sasnovich puts Belarus one up against Swiss

Sasnovich puts Belarus one up against Swiss

Aliaksandra Sasnovich beat Switzerland's Viktorija Golubic in a three-set thriller on Saturday to give Belarus the lead in their Fed Cup semi-final. World No 96 Sasnovich won 6-3, 5-7, 7-5 in two hours 48 minutes to record her second win over the 24-year-
Published 23 Apr, 2017 12:00am
Five title-deciding El Clasico clashes

Five title-deciding El Clasico clashes

Real Madrid can take a huge step towards a first La Liga title in five years when they host Barcelona in El Clasico on Sunday. Madrid lead Barca by three points at the top and have a game in hand on their rivals. Here, AFP Sports looks at five other Clasi
Published 23 Apr, 2017 12:00am
Mardan Club wins district government football trophy

Mardan Club wins district government football trophy

Current champion of the Inter-District Football Championship Mardan club lifted the trophy of the District Govt Sports Festival Football Tournament after defeating Iftikhar XI in the penalty shoot-out final played at Younis Stadium Mardan on Saturday.
Published 23 Apr, 2017 12:00am
West Indies revival frustrates Pakistan in first Test

West Indies revival frustrates Pakistan in first Test

Half-centuries by Roston Chase and Shane Dowrich engineered a West Indies revival in reaching 244 for seven at stumps against Pakistan on the opening day of the first Test at Sabina Park on Friday. Coming together immediately after lunch when opener Kiera
Published 23 Apr, 2017 12:00am
Anxious for win, Republicans revive US health care push

Anxious for win, Republicans revive US health care push

US lawmakers and the White House on Friday braced for a hectic coming week in Washington, with Republicans readying new legislation to repeal Obamacare as Donald Trump seeks a victory to cap his 100th day as president. After an embarrassing health care de
Published 23 Apr, 2017 12:00am
Anti-Mugabe election coalition takes shape in Zimbabwe

Anti-Mugabe election coalition takes shape in Zimbabwe

President Robert Mugabe's grip on power has faced little recent threat from Zimbabwe's splintered opposition, but efforts to forge a unified alliance in next year's election could test his supremacy. Any opposition bloc would first have to overcome fierce
Published 23 Apr, 2017 12:00am
Chamberlain chosen as LME chief with mandate to reform

Chamberlain chosen as LME chief with mandate to reform

Matt Chamberlain was named London Metal Exchange (LME) chief executive on Friday, with a mandate from its owner the Hong Kong bourse to reform the world's largest and oldest metals market. Chamberlain, 35, had been acting CEO since January, when a combina
Published 23 Apr, 2017 12:00am
Russian FM presses US's Tillerson over Syria probe

Russian FM presses US's Tillerson over Syria probe

Russian Foreign Minister Sergei Lavrov voiced "regret" in a phone call with his US counterpart Friday at Washington's opposition to a Moscow-backed plan to investigate an alleged chemical attack in Syria. In the call with Secretary of State Rex Tillerson
Published 23 Apr, 2017 12:00am
May refuses to rule out personal tax hikes after election

May refuses to rule out personal tax hikes after election

British Prime Minister Theresa May refused on Saturday to rule out an increase in personal taxes if she wins a June 8 election after her finance minister said fiscal pledges had limited his ability to manage the economy. May and her chancellor, Philip Ham
Published 23 Apr, 2017 12:00am
May refuses to rule out personal tax hikes after election

May refuses to rule out personal tax hikes after election

British Prime Minister Theresa May refused on Saturday to rule out an increase in personal taxes if she wins a June 8 election after her finance minister said fiscal pledges had limited his ability to manage the economy. May and her chancellor, Philip Ham
Published 23 Apr, 2017 12:00am
Saudis among kidnapped hunters freed in Iraq

Saudis among kidnapped hunters freed in Iraq

Two Saudis were among a mainly Qatari hunting party freed after a 16-month hostage ordeal in Iraq, Saudi media reported on Saturday. The 26 hunters, initially believed to all be Qataris, were flown to Doha on Friday after being handed over to Iraqi author
Published 23 Apr, 2017 12:00am
Cycling to work linked with large health benefits

Cycling to work linked with large health benefits

People who cycle to work have a substantially lower risk of developing cancer or heart disease or dying prematurely, and governments should do all they can to encourage more active commuting, scientists said on Thursday. In a study published in the BMJ Br
Published 23 Apr, 2017 12:00am
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