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Print - 2017-05-25
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am
Two Chinese language teachers kidnapped

Two Chinese language teachers kidnapped

Armed men kidnapped two Chinese language teachers in Quetta on Wednesday, provincial officials said. China's ambassador to Pakistan and other officials have urged Islamabad to improve security, especially in the province of Balochistan, where China is bui
Published 25 May, 2017 12:00am
Two Chinese language teachers kidnapped

Two Chinese language teachers kidnapped

Armed men kidnapped two Chinese language teachers in Quetta on Wednesday, provincial officials said. China's ambassador to Pakistan and other officials have urged Islamabad to improve security, especially in the province of Balochistan, where China is bui
Published 25 May, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 24, 2017).
Published 25 May, 2017 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 25 May, 2017 12:00am
State Bank of Pakistan conversion rates
Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 25 May, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 25 May, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 25 May, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,995. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 3.957 billion and the number of lots traded was 9,785. Major business was contributed by gol
Published 25 May, 2017 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Spot basis bids for hard red winter wheat were steady in the southern US Plains on Tuesday, and farmer selling was quiet following scattered rains in the region, merchandisers said. The Texas winter wheat crop was 20 percent harvested by Sunday, ahead of
Published 25 May, 2017 12:00am
EU wheat futures drop on fall in Chicago prices
Exchange

EU wheat futures drop on fall in Chicago prices

European wheat futures in Paris dropped on Tuesday in thin volumes, pressured by weaker Chicago prices and a strong euro. December milling wheat on the Paris-based Euronext exchange was down 0.50 euro or 0.3 percent at 171.25 euros a tonne at 1601 GMT. Th
Published 25 May, 2017 12:00am
Brazilian sugar sales to China to fall on higher tariffs

Brazilian sugar sales to China to fall on higher tariffs

Brazilian sugar exports to China could fall around 800,000 tonnes in the next 12 months as a result of higher import tariffs imposed by the Chinese government, local sugar industry group Unica said on Monday. Unica's director, Eduardo Leo, said China's de
Published 25 May, 2017 12:00am
US natural gas futures fall on lower demand

US natural gas futures fall on lower demand

US natural gas futures fell on Tuesday, hurt by milder weather forecasts and lower demand next week as well as small, but steady increases in production. Front-month gas futures fell 11.1 cents, or 3.3 percent, to settle at $3.219 per million British ther
Published 25 May, 2017 12:00am
Activities at Karachi & Qasim Ports

Activities at Karachi & Qasim Ports

The Karachi Port handled 91,236 tonnes of cargo comprising 64,972 tonnes of import cargo and 26,264 tonnes of export cargo including 2,706 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 64
Published 25 May, 2017 12:00am
Trade activity down on cotton market
Cotton

Trade activity down on cotton market

Trade activity came down on the cotton market on Wednesday owing to less buying interest, dealers said. The official spot rate was unchanged at Rs 6750, they said. In the ready session, 2000 bales of cotton sold at Rs 6900 and another deal of 200 bales fr
Published 25 May, 2017 12:00am
Philippines to import 250,000 tonnes of rice in June

Philippines to import 250,000 tonnes of rice in June

The Philippines, one of the world's top rice buyers, will issue a tender to import 250,000 tonnes of the grain next month, to boost low stockpiles before the lean harvest season and to offset potential crop damage during the typhoon season. The tender is
Published 25 May, 2017 12:00am
US sues Fiat Chrysler over diesel emissions cheating

US sues Fiat Chrysler over diesel emissions cheating

US environmental regulators on Tuesday filed a lawsuit against automaker Fiat Chrysler, accusing the company of installing devices on its trucks that hid harmful emissions during testing. The company kept the software's existence from regulators during th
Published 25 May, 2017 12:00am
Japan manufacturers' mood slips

Japan manufacturers' mood slips

Confidence among Japanese manufacturers receded in May for the first time in nine months after hitting a decade-high level April, a Reuters survey found, showing guarded optimism in a nascent export-led economic recovery. The Reuters' monthly poll - which
Published 25 May, 2017 12:00am
ECB sees clouds over eurozone's financial stability

ECB sees clouds over eurozone's financial stability

The European Central Bank said Wednesday that stress in the eurozone financial system had remained low over the past six months, but it warned of "significant" risks to that stability. "Risks to financial stability stemming from financial markets remain s
Published 25 May, 2017 12:00am
French jobless total drops most in eight months in April

French jobless total drops most in eight months in April

France's jobless total dropped the most in eight months in April with the number of people seeking work falling by 1 percent from the previous month, Labour Ministry data showed on Wednesday. The number of registered jobseekers in mainland France fell by
Published 25 May, 2017 12:00am
Jump in renewable energy jobs worldwide

Jump in renewable energy jobs worldwide

The renewable energy sector employed 9.8 million people worldwide in 2016, marking a sharp increase from 2012, the Abu Dhabi-based International Renewable Energy Agency said on Wednesday. In its "Renewable Energy and Jobs - Annual Review 2017", IRENA says
Published 25 May, 2017 12:00am
New port boosts Djibouti's dream to be a maritime hub

New port boosts Djibouti's dream to be a maritime hub

East Africa's smallest country Djibouti took a step towards realising its dream of becoming a continental maritime cargo hub with the inauguration of its newest and largest port on Wednesday. The $590 million (527.5 million euro) facility is part of an in
Published 25 May, 2017 12:00am
Germany calls for better EU market access to China

Germany calls for better EU market access to China

Visiting German Foreign Minister Sigmar Gabriel urged China Wednesday to improve market access for European Union firms seeking to invest there. He was speaking after talks with his counterpart Wang Yi, a week before an EU-China summit in Brussels. The EU
Published 25 May, 2017 12:00am
China's Geely boosts expansion with Proton, Lotus stakes

China's Geely boosts expansion with Proton, Lotus stakes

Chinese auto giant Geely on Wednesday stepped up its global expansion drive with a 49.9 percent stake in Malaysia's troubled Proton as well as a 51 percent share in British sports car brand Lotus. The deal would allow the automaker to "strengthen our glob
Published 25 May, 2017 12:00am
US home sales fall as tight supply boosts prices

US home sales fall as tight supply boosts prices

US home resales fell from a more than 10-year high in April, weighed down by a chronic shortage of houses on the market that is keeping prices elevated and sidelining prospective buyers. Despite the stumble, the housing market remains on solid ground as t
Published 25 May, 2017 12:00am
Sri Lankan shares rise

Sri Lankan shares rise

Sri Lankan shares edged up from a one-week low on Wednesday as foreign investors bought shares in blue chips such as John Keells Holdings PLC, with turnover hitting a 5-week high. The Colombo stock index ended 0.32 percent firmer at 6,711.67, from its low
Published 25 May, 2017 12:00am
Tokyo stocks soar

Tokyo stocks soar

Tokyo stocks rose Wednesday as a cheaper yen boosted hopes for Japan Inc's profits. The benchmark Nikkei 225 index advanced 0.66 percent, or 129.70 points, to end the day at 19,742.98. The Topix index of all first-section shares gained 0.63 percent, or 9.
Published 25 May, 2017 12:00am
Wall Street rises on investor relief after Trump budget
Exchange

Wall Street rises on investor relief after Trump budget

Wall Street ended higher on Tuesday after the release of President Donald Trump's budget plan but gains were tempered by declines in consumer discretionary stocks amid weakness in auto-parts companies. While Tuesday's economic data was weak, investors wer
Published 25 May, 2017 12:00am
Hong Kong stocks remain up

Hong Kong stocks remain up

Hong Kong stocks rose for a fourth day on Wednesday to a fresh 22-month high, shrugging off Moody's downgrade of China's soveriegn credit rating. The Hang Seng index ended up 0.1 percent at 25,428.50 points, while the China Enterprises Index was unchanged
Published 25 May, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Tuesday as some investors pared bond positions to make room for this week's federal and corporate supply while others reduced safe-haven bond holdings in favour of stocks. Some traders also turned cautious ahead of the release o
Published 25 May, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Tuesday as some investors pared bond positions to make room for this week's federal and corporate supply while others reduced safe-haven bond holdings in favour of stocks. Some traders also turned cautious ahead of the release o
Published 25 May, 2017 12:00am
Indian shares keep falling

Indian shares keep falling

India's main NSE index posted its fourth session of losses in five on Wednesday as investors were unnerved by border tensions with Pakistan and on the expiry of derivatives contracts this week. The broader NSE index closed 0.27 percent lower at 9,360.55,
Published 25 May, 2017 12:00am
China stocks steady

China stocks steady

China's main stock indexes recouped earlier losses to end roughly flat on Wednesday, as strong gains in small-caps partially offset Moody's downgrading of China's debt ratings. The blue-chip CSI300 index was unchanged at 3,424.17 points, while the Shangha
Published 25 May, 2017 12:00am
Banks give European stocks stability, autos driven lower by Fiat

Banks give European stocks stability, autos driven lower by Fiat

European shares, stuck just below 21-month highs for more than a week, struggled to gain momentum on Wednesday, with strength in banks and big oil majors offset by weakness in miners and autos. The pan-European STOXX 600 index ended up 0.1 percent. Among
Published 25 May, 2017 12:00am
Southeast Asian markets up

Southeast Asian markets up

Most Southeast Asian stock markets shrugged off Moody's downgrade of its sovereign credit rating on China to edge up on Wednesday, focusing instead on what the minutes of a US Federal Reserve meeting would say on its rate hike trajectory. The minutes of t
Published 25 May, 2017 12:00am
FTSE edges up helped by M&S, but miners weigh

FTSE edges up helped by M&S, but miners weigh

UK blue chip stocks rose on Wednesday, helped by gains in Marks & Spencer after its solid results and by advances in energy stocks, although weaker miners kept a lid on the British market. The FTSE rose 0.4 percent to 7,514.90 points, while the mid-cap FT
Published 25 May, 2017 12:00am
Dollar soars in Asia

Dollar soars in Asia

The dollar held firm on Wednesday, having rebounded from 6-1/2-month lows against its major peers helped by a rise in US Treasury yields, while the yuan eased after Moody's cut its sovereign rating on China due to concerns over the country's soaring debt.
Published 25 May, 2017 12:00am
Dollar index holds near 6-1/2 month lows in Europe

Dollar index holds near 6-1/2 month lows in Europe

The dollar stayed pinned near 6-1/2-month lows on Wednesday, investors' focus shifting from US politics to monetary policy after comments from a Federal Reserve official rekindled expectations of an interest rate hike next month. Diminishing expectations
Published 25 May, 2017 12:00am
Early trade in New York: Dollar hovers above 6-1/2-month lows

Early trade in New York: Dollar hovers above 6-1/2-month lows

The dollar hovered just above 6-1/2-month lows on Wednesday, as investors' focus shifted from US politics to monetary policy ahead of the release of the minutes of the US Federal Reserve's meeting in early May. The dollar index, which tracks the greenback
Published 25 May, 2017 12:00am
Dollar rises in NY; Fed minutes in focus

Dollar rises in NY; Fed minutes in focus

The dollar rose on Tuesday from recent lows as traders bet on a US interest rate hike in June and awaited Wednesday's release of the minutes of the US Federal Reserve's meeting in early May. The dollar index, which tracks the greenback against six major r
Published 25 May, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 80.53-80.55 (previous 80.53-80.55).
Published 25 May, 2017 12:00am
China's yuan eases

China's yuan eases

China's yuan eased against the US dollar on Wednesday on some corporate demand for the greenback, while traders shrugged off rating agency Moody's decision to cut its sovereign rating on China. Moody's Investors Service downgraded China's long-term local
Published 25 May, 2017 12:00am
Asia forex Moody's China downgrade sours mood

Asia forex Moody's China downgrade sours mood

Asian currencies weakened on Wednesday as an unexpected downgrade of China's debt rating by Moody's hit sentiment, and dealers awaited the release later in the global day of minutes from this month's US Federal Reserve policy meeting. Moody's Investors Se
Published 25 May, 2017 12:00am
Sri Lankan rupee weakens

Sri Lankan rupee weakens

The Sri Lankan rupee closed lower on Wednesday on higher demand for dollars from importers, but selling of the US currency by state-run banks capped losses, traders said. Rupee forwards were active, with spot-next forwards closing at 152.90/153.00 per dol
Published 25 May, 2017 12:00am
Sterling steadies below $1.30
Exchange

Sterling steadies below $1.30

Britain's pound recovered a foothold on Wednesday after this week's fall from 8-month highs, with traders eyeing US Federal Reserve minutes later in the day for fresh direction with campaigning for June elections suspended. Opinion polls at the start of t
Published 25 May, 2017 12:00am
Aussie down, kiwi holds ground

Aussie down, kiwi holds ground

The Australian dollar drifted lower on Wednesday following a downgrade in China's sovereign ratings and a weak domestic construction report, while its New Zealand counterpart held its ground after solid data at home. The Australian dollar eased to $0.7460
Published 25 May, 2017 12:00am
Newcastle sign Ghana star Atsu permanently

Newcastle sign Ghana star Atsu permanently

Ghanaian international midfielder Christian Atsu's performances for Newcastle United in regaining their Premier League status earned him a permanent move from champions Chelsea on Wednesday. The 25-year-old - who scored five goals in 32 Championship appea
Published 25 May, 2017 12:00am
Chelsea cancel victory parade after Manchester attack

Chelsea cancel victory parade after Manchester attack

Champions Chelsea cancelled Sunday's Premier League victory parade saying it was "inappropriate" after the Manchester suicide bombing that left 22 dead and more than 60 wounded. "Everyone associated with Chelsea Football Club offers our heartfelt condolen
Published 25 May, 2017 12:00am
Terry dismisses criticism over controversial farewell

Terry dismisses criticism over controversial farewell

Defiant Chelsea captain John Terry on Wednesday brushed off criticism of his controversial farewell substitution at Stamford Bridge which caused a furore in the English media. The 36-year-old central defender - who will leave Chelsea in the close season a
Published 25 May, 2017 12:00am
Spain SC confirms Messi fraud sentence

Spain SC confirms Messi fraud sentence

Spain's Supreme Court on Wednesday confirmed a 21-month jail sentence and 2.09-million-euro ($2.25 million) fine imposed on Lionel Messi for tax fraud, months after the Barcelona football star lodged an appeal. The Argentina international and his father J
Published 25 May, 2017 12:00am
Jones says Sharjeel's dot balls not suspicious

Jones says Sharjeel's dot balls not suspicious

Islamabad United coach Dean Jones on Wednesday testified at a tribunal hearing spot-fixing charges against Sharjeel Khan, saying two dot balls played by the batsman during a Pakistan Super League match were not suspicious from a cricketing perspective. Th
Published 25 May, 2017 12:00am
Ireland's Joyce puts country before county

Ireland's Joyce puts country before county

Veteran batsman Ed Joyce is to focus solely on his international career with Ireland after his side Sussex said he is retiring from county cricket. The 38-year-old, who has scored over 8,000 first-class runs at an average 49.39 since joining Sussex from M
Published 25 May, 2017 12:00am
LDA to build 12 sports complexes

LDA to build 12 sports complexes

In order to promote sports and health society, Lahore Development Authority has decided to construct 12 sports complexes in 11 National Assembly constituencies of district Lahore. LDA has started implementation work on the project by inviting applications
Published 25 May, 2017 12:00am
All Blacks awarded Spain's top sports prize

All Blacks awarded Spain's top sports prize

New Zealand's legendary All Blacks were awarded Spain's top sports prize Wednesday for being "an example of racial and cultural integration". The team famed for performing the haka war dance derived from New Zealand's indigenous Maori and for fielding rug
Published 25 May, 2017 12:00am
Kohli says Champions Trophy more competitive than WC

Kohli says Champions Trophy more competitive than WC

Indian skipper Virat Kohli said Wednesday his side would be ruthless in defending their Champions Trophy title next month, describing the competition as tougher even than the World Cup. India won the last Champions Trophy in 2013 and head into June's tour
Published 25 May, 2017 12:00am
With threat 'very high', France set to extend state of emergency

With threat 'very high', France set to extend state of emergency

President Emmanuel Macron wants a sixth extension of France's state of emergency since the Paris attacks of November 2015, his prime minister said Wednesday, adding that the terror threat "remains very high". The new president, elected on May 7, also want
Published 25 May, 2017 12:00am
Protesters mass in Brasilia against Temer, austerity

Protesters mass in Brasilia against Temer, austerity

At least 25,000 people massed in Brasilia on Wednesday to demand new elections and an end to austerity reforms in a protest fueled by anger over a corruption scandal swirling around President Michel Temer. Organized by leftist groups and trade unions, the
Published 25 May, 2017 12:00am
Britain hunts terror network after Manchester attack

Britain hunts terror network after Manchester attack

Britain raced Wednesday to track down a jihadist network suspected to have orchestrated the Manchester concert bombing, as soldiers fanned out to guard key sites under a maximum terror alert. Investigators were trying to piece together the last movements
Published 25 May, 2017 12:00am
Mugabe daughter appointed to Zimbabwe censor board

Mugabe daughter appointed to Zimbabwe censor board

President Robert Mugabe's daughter Bona Chikore has been appointed to the Zimbabwe board of censors, state media reported Wednesday, the latest family member to take up an official role. The board "faces the colossal task of regulating public entertainmen
Published 25 May, 2017 12:00am
Amazon's Bezos gives $1 million to press freedom watchdog

Amazon's Bezos gives $1 million to press freedom watchdog

Amazon co-founder Jeff Bezos is giving $1 million to the Reporters Committee for Freedom of the Press, the largest-ever gift to the media rights watchdog. The gift from Bezos, who also owns the Washington Post newspaper, was announced at the organization'
Published 25 May, 2017 12:00am
Amazon's Bezos gives $1 million to press freedom watchdog

Amazon's Bezos gives $1 million to press freedom watchdog

Amazon co-founder Jeff Bezos is giving $1 million to the Reporters Committee for Freedom of the Press, the largest-ever gift to the media rights watchdog. The gift from Bezos, who also owns the Washington Post newspaper, was announced at the organization'
Published 25 May, 2017 12:00am
Plane skids off Hong Kong runway in heavy rain

Plane skids off Hong Kong runway in heavy rain

A plane veered off the runway at Hong Kong airport Wednesday after heavy rain lashed the area, forcing the temporary closure of the airstrip and delaying scores of flights. The China Eastern Airlines flight from Nanjing, which had 141 people on board, ski
Published 25 May, 2017 12:00am
Tanzania president sacks mines minister

Tanzania president sacks mines minister

President John Magufuli fired Tanzania's mines minister on Wednesday after a government report found minerals exports had been understated, causing a loss in tax revenue. Mining minister Sospeter Muhongo, a friend and ally of the president, was dismissed
Published 25 May, 2017 12:00am
At least 20 migrants killed in new Mediterranean sinking

At least 20 migrants killed in new Mediterranean sinking

At least 20 migrants including young children drowned on Wednesday when they fell off an overloaded vessel in the Mediterranean, the Italian coastguard and a humanitarian worker said. "There's a critical situation today. About 200 people fell into the wat
Published 25 May, 2017 12:00am
Taiwan court rules in favour of gay marriage in Asia first

Taiwan court rules in favour of gay marriage in Asia first

Taiwan's top court ruled in favour of gay marriage Wednesday, a landmark decision that paves the way for the island to become the first place in Asia to legalise same-sex unions. Crowds of supporters cheered, hugged and wept as the court said current laws
Published 25 May, 2017 12:00am
Sri Lanka police 'failing to stop anti-Muslim attacks'

Sri Lanka police 'failing to stop anti-Muslim attacks'

Rights groups accused Sri Lankan police Wednesday of failing to stop a wave of hate crimes against Muslim businesses and mosques in the Buddhist-majority country. Police are yet to make any arrests in connection with more than a dozen arson attacks agains
Published 25 May, 2017 12:00am
Algeria president replaces PM in wake of polls

Algeria president replaces PM in wake of polls

Algerian President Abdelaziz Bouteflika on Wednesday appointed a new prime minister, replacing his confidant Abdelmalek Sellal in the wake of parliamentary elections. Bouteflika's National Liberation Front (FLN) and its ruling coalition won a clear majori
Published 25 May, 2017 12:00am
Erdogan says EU must decide on Turkey membership

Erdogan says EU must decide on Turkey membership

President Recep Tayyip Erdogan on Wednesday said ahead of crunch talks with the EU's leadership it was up to Brussels to decide if it wanted Turkey as a member of the bloc. Speaking to reporters before leaving Ankara airport for the trip to Brussels which
Published 25 May, 2017 12:00am
Five police killed in second Kenya roadside bomb

Five police killed in second Kenya roadside bomb

Five police officers were killed Wednesday when their vehicle hit a roadside bomb in northeastern Kenya, a local governor said, just hours after a similar blast claimed three police lives. The officers were travelling in a convoy with Mandera county gover
Published 25 May, 2017 12:00am
Israeli defence minister says uneasy over US-Saudi arms deal

Israeli defence minister says uneasy over US-Saudi arms deal

Israeli Defence Minister Avigdor Lieberman said Wednesday he was uneasy over a massive US-Saudi arms deal announced at the weekend, saying it was part of a "crazy" regional arms race. In the first public comment by an Israeli official on the $110-billion
Published 25 May, 2017 12:00am
Nepal's Maoist prime minister resigns

Nepal's Maoist prime minister resigns

Nepal's Maoist prime minister resigned Wednesday as part of a planned handover to a former political foe who will be the impoverished nation's tenth leader since the end of the civil war in 2006. Pushpa Kamal Dahal, who led the decade-long Maoist insurgen
Published 25 May, 2017 12:00am
Finland court acquits Iraqi twins over IS massacre in Iraq

Finland court acquits Iraqi twins over IS massacre in Iraq

A Finnish court on Wednesday acquitted twin Iraqi brothers accused of war crimes over their alleged role in a 2014 massacre of up to 1,700 unarmed recruits by the Islamic State group in Iraq. The court in Tampere, in southwestern Finland, said there was n
Published 25 May, 2017 12:00am
More donors can absorb 'shock' of any US cuts: new WHO boss

More donors can absorb 'shock' of any US cuts: new WHO boss

The World Health Organization should expand its donor base to better withstand the "shock" from planned deep budget cuts in Washington, Tedros Adhanom, the newly elected agency head, said Wednesday. A day after he became the first African to head the WHO,
Published 25 May, 2017 12:00am
At least five dead in Mogadishu bombing

At least five dead in Mogadishu bombing

At least five people were killed and six injured when a car bomb exploded outside the port in the Somali capital Mogadishu on Wednesday, officials and witnesses said. "A car loaded with explosives was detonated near a cafe and it killed five people with s
Published 25 May, 2017 12:00am
Qatar begins probe after state news agency hacked

Qatar begins probe after state news agency hacked

Qatar said Wednesday it had begun an inquiry into an unprecedented security breach by hackers who posted fake news stories attributed to its ruler on highly sensitive regional political issues. The cyber attack, which hit Qatar's official news agency webs
Published 25 May, 2017 12:00am
Trump promises peace push after 'fantastic' pope talks

Trump promises peace push after 'fantastic' pope talks

Donald Trump vowed Wednesday to use his US presidency to promote peace around the world after what he depicted as an inspirational meeting with an initially grim-faced Pope Francis. Meeting face-to-face for the first time, the two leaders sidestepped prof
Published 25 May, 2017 12:00am
Duterte threatens martial law for all of Philippines

Duterte threatens martial law for all of Philippines

Philippine President Rodrigo Duterte threatened Wednesday to impose martial law nationwide to combat the rising threat of terrorism, after Islamist militants beheaded a policeman and took Catholic hostages while rampaging through a southern city. Duterte
Published 25 May, 2017 12:00am
Oman flies freed Australian out of Yemen

Oman flies freed Australian out of Yemen

An Australian kidnapped in Yemen was evacuated from the war-torn country by the Omani government on Wednesday after negotiations through tribal mediators led to his release. Oman's foreign ministry did not name the man and it was not immediately clear if
Published 25 May, 2017 12:00am
Venezuela leader defies demonstration, launches constitution overhaul

Venezuela leader defies demonstration, launches constitution overhaul

Venezuela's President Nicolas Maduro Tuesday formally launched moves to rewrite the constitution, defying opponents who accuse him of clinging to power in a political crisis that has sparked deadly unrest. At an open air rally before thousands of supporte
Published 25 May, 2017 12:00am