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Print - 2018-06-26
Ali Jehanghir meets CGs, commercial counsellors

Ali Jehanghir meets CGs, commercial counsellors

Ambassador Ali Jehanghir Siddiqui presided over a day-long conference of Pakistan's Consul Generals and Commercial Counsellors based in the United States at Pakistan Embassy DC over the weekend on Sunday.
Published 26 Jun, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Despite foreign buying, Pakistan Stock Exchange Monday witnessed a declining trend on fourth consecutive session due to continuous selling by local investors. BRIndex100 lost 83.21 points or 1.87 percent to close at 4,371.22 points. BRIndex-100 touched in
Published 26 Jun, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Despite foreign buying, Pakistan Stock Exchange Monday witnessed a declining trend on fourth consecutive session due to continuous selling by local investors. BRIndex100 lost 83.21 points or 1.87 percent to close at 4,371.22 points. BRIndex-100 touched in
Published 26 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 25, 2018).

Published 26 Jun, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Despite foreign buying, Pakistan Stock Exchange Monday witnessed a declining trend on fourth consecutive session due to continuous selling by local investors. BRIndex100 lost 83.21 points or 1.87 percent to close at 4,371.22 points. BRIndex-100 touched in
Published 26 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 25, 2018).

Published 26 Jun, 2018 12:00am
PM vows full support to ECP

PM vows full support to ECP

Caretaker Prime Minister former Justice Nasir-ul-Mulk on Monday said that the federal and provincial governments are committed to providing every possible support to the Election Commission of Pakistan (ECP) for holding free and fair upcoming election in
Published 26 Jun, 2018 12:00am
PM vows full support to ECP

PM vows full support to ECP

Caretaker Prime Minister former Justice Nasir-ul-Mulk on Monday said that the federal and provincial governments are committed to providing every possible support to the Election Commission of Pakistan (ECP) for holding free and fair upcoming election in
Published 26 Jun, 2018 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 15 June 2018.

Published 26 Jun, 2018 12:00am
General elections: petitions seeking delay dismissed

General elections: petitions seeking delay dismissed

The Election Commission of Pakistan (ECP) Monday dismissed three petitions, seeking delay in general election 2018 scheduled for July 25. Chief Election Commissioner former Justice Sardar Muhammad Raza Khan along with other members of the Commission heard
Published 26 Jun, 2018 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 15 June 2018.

Published 26 Jun, 2018 12:00am
General elections: petitions seeking delay dismissed

General elections: petitions seeking delay dismissed

The Election Commission of Pakistan (ECP) Monday dismissed three petitions, seeking delay in general election 2018 scheduled for July 25. Chief Election Commissioner former Justice Sardar Muhammad Raza Khan along with other members of the Commission heard
Published 26 Jun, 2018 12:00am
International observers will be allowed: minister

International observers will be allowed: minister

Caretaker Federal Minister for Law and Justice, Parliamentary Affairs and Information, Barrister Ali Zafar has said that national and international media and European Union Election Observation Mission would be allowed to observe general election schedule
Published 26 Jun, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (June 25, 2018).

Published 26 Jun, 2018 12:00am
International observers will be allowed: minister

International observers will be allowed: minister

Caretaker Federal Minister for Law and Justice, Parliamentary Affairs and Information, Barrister Ali Zafar has said that national and international media and European Union Election Observation Mission would be allowed to observe general election schedule
Published 26 Jun, 2018 12:00am
Shahbaz vows to solve four mega problems of Karachi

Shahbaz vows to solve four mega problems of Karachi

Pakistan Muslim League-Nawaz president and former chief minister Punjab Muhammad Shahbaz Sharif on Monday reassured that if PML-N gets power, it will ensure required supply of clean potable water to every residential unit in Karachi within next three year
Published 26 Jun, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 25, 2018)

Published 26 Jun, 2018 12:00am
Shahbaz vows to solve four mega problems of Karachi

Shahbaz vows to solve four mega problems of Karachi

Pakistan Muslim League-Nawaz president and former chief minister Punjab Muhammad Shahbaz Sharif on Monday reassured that if PML-N gets power, it will ensure required supply of clean potable water to every residential unit in Karachi within next three year
Published 26 Jun, 2018 12:00am
Over 600 migrants saved off Spain

Over 600 migrants saved off Spain

A total of 616 migrants on board some 20 vessels, including a kayak, were rescued Monday off the coast of Spain, the national rescue service said. Among those picked up on or near the Strait of Gibraltar or the Alboran Sea further east in the Mediterranea
Published 26 Jun, 2018 12:00am
Taiwan's Tsai urges world to stand up to China: AFP interview

Taiwan's Tsai urges world to stand up to China: AFP interview

Taiwan's President Tsai Ing-wen called on the international community to "constrain" China by standing up for freedoms, casting her island's giant neighbour as a global threat to democracy. Her comments in an exclusive interview with AFP on Monday come as
Published 26 Jun, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 25, 2018).

Published 26 Jun, 2018 12:00am
Argentina paralyzed by anti-IMF deal strike
Currency

Argentina paralyzed by anti-IMF deal strike

Argentina's unions paralyzed the country with a 24-hour strike on Monday in protest at the government's latest deal with the International Monetary Fund. With no trains, subways, buses or flights in service, organizers expected at least one million worker
Published 26 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 26 Jun, 2018 12:00am
Argentina paralyzed by anti-IMF deal strike
Currency

Argentina paralyzed by anti-IMF deal strike

Argentina's unions paralyzed the country with a 24-hour strike on Monday in protest at the government's latest deal with the International Monetary Fund. With no trains, subways, buses or flights in service, organizers expected at least one million worker
Published 26 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 26 Jun, 2018 12:00am
Germany to deport Osama's bodyguard to Tunisia

Germany to deport Osama's bodyguard to Tunisia

A Tunisian man who allegedly served as a bodyguard to Osama bin Laden was detained in Germany on Monday and is to be deported, officials said. The 41-year-old, identified as Sami A., has lived in Germany for about two decades, but outrage over his presenc
Published 26 Jun, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 25, 2018).

Published 26 Jun, 2018 12:00am
Germany to deport Osama's bodyguard to Tunisia

Germany to deport Osama's bodyguard to Tunisia

A Tunisian man who allegedly served as a bodyguard to Osama bin Laden was detained in Germany on Monday and is to be deported, officials said. The 41-year-old, identified as Sami A., has lived in Germany for about two decades, but outrage over his presenc
Published 26 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Monday (June 25, 2018) and the forecast for Tuesday (June 26, 2018).

Published 26 Jun, 2018 12:00am
Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Deputy Chief Mission of Chinese Embassy, Lijian Zhao on Monday said that transparency is essential to minimise corruption and ensure success of all China-Pakistan Economic Corridor (CPEC) projects. Addressing a seminar titled 'CPEC & Role of Media - Separ
Published 26 Jun, 2018 12:00am
Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Deputy Chief Mission of Chinese Embassy, Lijian Zhao on Monday said that transparency is essential to minimise corruption and ensure success of all China-Pakistan Economic Corridor (CPEC) projects. Addressing a seminar titled 'CPEC & Role of Media - Separ
Published 26 Jun, 2018 12:00am
Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Deputy Chief Mission of Chinese Embassy, Lijian Zhao on Monday said that transparency is essential to minimise corruption and ensure success of all China-Pakistan Economic Corridor (CPEC) projects. Addressing a seminar titled ''CPEC & Role of Media - Sepa
Published 26 Jun, 2018 12:00am
NAB chief vows to continue war against corruption despite threats

NAB chief vows to continue war against corruption despite threats

National Accountability Bureau (NAB) Chairman former Justice Javed Iqbal has vowed to continue the war against corruption without any discrimination despite receiving threats of bomb attacks on the bureau's headquarters, according to Aaj News. Despite ser
Published 26 Jun, 2018 12:00am
NAB chief vows to continue war against corruption despite threats

NAB chief vows to continue war against corruption despite threats

National Accountability Bureau (NAB) Chairman former Justice Javed Iqbal has vowed to continue the war against corruption without any discrimination despite receiving threats of bomb attacks on the bureau's headquarters, according to Aaj News. Despite ser
Published 26 Jun, 2018 12:00am
PML-N candidate arrested by NAB

PML-N candidate arrested by NAB

National Accountability Bureau (NAB) Lahore arrested Pakistan Muslim League-Nawaz's Qamarul Islam in connection with Saaf Pani Company corruption case on Monday, a day after PML-N fielded him to contest election against Chaudhry Nisar Ali Khan from NA-59
Published 26 Jun, 2018 12:00am
PML-N candidate arrested by NAB

PML-N candidate arrested by NAB

National Accountability Bureau (NAB) Lahore arrested Pakistan Muslim League-Nawaz's Qamarul Islam in connection with Saaf Pani Company corruption case on Monday, a day after PML-N fielded him to contest election against Chaudhry Nisar Ali Khan from NA-59
Published 26 Jun, 2018 12:00am
Ex-Nato chief denied entry to US over Iran trips

Ex-Nato chief denied entry to US over Iran trips

Former Nato chief Javier Solana said Monday his online application to enter the United States was turned down for having travelled to Iran where he took part in negotiations on a nuclear deal. "It's a petty decision," he told Spanish television, explainin
Published 26 Jun, 2018 12:00am
Ex-Nato chief denied entry to US over Iran trips

Ex-Nato chief denied entry to US over Iran trips

Former Nato chief Javier Solana said Monday his online application to enter the United States was turned down for having travelled to Iran where he took part in negotiations on a nuclear deal. "It's a petty decision," he told Spanish television, explainin
Published 26 Jun, 2018 12:00am
Avenfield case: Nawaz, Maryam given three-day exemption

Avenfield case: Nawaz, Maryam given three-day exemption

The Accountability Court hearing corruption cases against Sharif family Monday granted three-day exemption to former Prime Minister Nawaz Sharif and his daughter Maryam Nawaz from personal appearance before the court. The former prime minister and his dau
Published 26 Jun, 2018 12:00am
Avenfield case: Nawaz, Maryam given three-day exemption

Avenfield case: Nawaz, Maryam given three-day exemption

The Accountability Court hearing corruption cases against Sharif family Monday granted three-day exemption to former Prime Minister Nawaz Sharif and his daughter Maryam Nawaz from personal appearance before the court. The former prime minister and his dau
Published 26 Jun, 2018 12:00am
Banks and SME development

Banks and SME development

The State Bank of Pakistan (SBP) has urged banks to prepare an action plan for the next three months which would provide input to the "policy for promotion of small and medium enterprises (SMEs)" that was launched on 22 December 2017 by the then Prime Min
Published 26 Jun, 2018 12:00am
A 'democracy' of the rich and powerful

A 'democracy' of the rich and powerful

Since the Supreme Court (SC) ordered aspiring candidates in the elections to attach an affidavit to their nomination papers showing details of their assets and wealth to overcome the deletion of these details by the Elections Act 2017, a treasure trove of
Published 26 Jun, 2018 12:00am
Precarious balance of payments
Currency

Precarious balance of payments

The external balance of payments position of Pakistan has deteriorated sharply in the last two years. This is reflected in the extraordinary jump in the current account deficit. Non-debt creating inflows and external borrowing have not been adequate in fi
Published 26 Jun, 2018 12:00am
Missing persons still missing

Missing persons still missing

In line with the judicial activism that has become the hallmark of Chief Justice of Pakistan (CJP) Saqib Nisar, and which has elevated him in the eyes of the victims of the 'system' to the role of a saviour, his recent visits to Sukkur, Larkana and Hydera
Published 26 Jun, 2018 12:00am
Facing US blowback, Beijing softens 'Made in China 2025' message

Facing US blowback, Beijing softens 'Made in China 2025' message

Beijing has begun downplaying Made in China 2025, the state-backed industrial policy that has provoked alarm in the West and is core to Washington's complaints about the country's technological ambitions, diplomatic and Chinese state media sources said. W
Published 26 Jun, 2018 12:00am
Amnesty scheme

Amnesty scheme

The Federal Board of Revenue (FBR) anticipates inflows of up to $ 4 billion in response to government's Amnesty Scheme. No doubt, the amount, if fetched, will propel the beleaguered foreign exchange reserves of the country, which are said to have reduced
Published 26 Jun, 2018 12:00am
Wapda to help Maldives in power sector

Wapda to help Maldives in power sector

Chairman Water and Power Development Authority (WAPDA) Lieutenant General Muzammil Hussain (Retd) said on Monday that WAPDA is ready to fully support Maldives in development of its infrastructure in power sector. He was talking to a four-member delegation
Published 26 Jun, 2018 12:00am
Key decisions: Nawaz remains final authority

Key decisions: Nawaz remains final authority

Pakistan Muslim League-Nawaz (PML-N) decision to field candidates against former interior minister Chaudhry Nisar Ali Khan, and against the recommendation of the party president Shahbaz Sharif, is indicative of life time Quaid Nawaz Sharif remaining the f
Published 26 Jun, 2018 12:00am
Dar's medical report submitted in SC

Dar's medical report submitted in SC

A new medical report of former finance minister Ishaq Dar was submitted in the Supreme Court on Monday which states that he has not fully recovered. The report maintained that Dar's condition has improved by 10-15 percent but pain still exists in his arms
Published 26 Jun, 2018 12:00am
ISPR warns public of fake telephone calls

ISPR warns public of fake telephone calls

Inter Services Public Relations (ISPR) Director General Major General Asif Ghafoor on Monday in a public awareness message warned of fake telephone calls being made to general public by individuals impersonating as Pakistan Armed Forces officials. In a st
Published 26 Jun, 2018 12:00am
NAB team grills Bukhari in offshore companies case

NAB team grills Bukhari in offshore companies case

An investigative team of National Accountability Bureau (NAB) Monday questioned Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan's close friend Zulfikar Bukhari alias Zulfi Bukhari about his offshore companies. The London-based businessman was probed fo
Published 26 Jun, 2018 12:00am
Avenfield reference: Nawaz's counsel to continue final arguments today

Avenfield reference: Nawaz's counsel to continue final arguments today

The counsel for former Prime Minister Nawaz Sharif, Khawaja Haris said on Monday that prosecution had completely failed to establish any link of his client with Avenfield apartments. Presenting his final arguments in the Avenfield reference before the Acc
Published 26 Jun, 2018 12:00am
SC rejects petition seeking Dr Aafia's repatriation from US prison

SC rejects petition seeking Dr Aafia's repatriation from US prison

The Supreme Court on Monday rejected a petition seeking Dr Aafia Siddiqui's repatriation from the US prison, saying the case does not come under the apex court's jurisdiction. A three-judge bench headed by Chief Justice Mian Saqib Nisar resumed the hearin
Published 26 Jun, 2018 12:00am
CJ requests PM to oversee water crisis in capital

CJ requests PM to oversee water crisis in capital

Chief Justice Mian Saqib Nisar Monday said he would request Prime Minister Nasir-ul-Mulk to personally monitor water shortage issue in the federal capital. A three-member bench of the apex court headed by the Chief Justice heard a suo motu case on water s
Published 26 Jun, 2018 12:00am
Tribunal accepts nomination papers of Afzal Khokhar

Tribunal accepts nomination papers of Afzal Khokhar

An Appellate Tribunal of NA-53 on Monday accepted nomination papers of Pakistan Peoples Party candidate Afzal Khokhar while deferred hearing on the appeals of former Prime Minister Shahid Khaqan Abbasi, former governor KP Sardar Mehtab Abbasi and Ayesha G
Published 26 Jun, 2018 12:00am
Bid to smuggle gemstones foiled

Bid to smuggle gemstones foiled

Law enforcement in Torkham border in the east has thwarted a bid to smuggle a sixteen-tonne shipment of gemstones to Pakistan. Spokesperson of Nangarhar governor Ataullah Khogyani said security stopped a truck loaded with gemstones that had purportedly em
Published 26 Jun, 2018 12:00am
PPP finalises manifesto for elections 2018

PPP finalises manifesto for elections 2018

The Pakistan Peoples Party (PPP) has finalised its party manifesto for the general election 2018, which the party Chairman Bilawal Bhutto Zardari would announce at a press conference at Islamabad Press Club this week.
Published 26 Jun, 2018 12:00am
SCCI delegation leaves for Brazil

SCCI delegation leaves for Brazil

An eleven-member business delegation of Sialkot Chamber of Commerce and Industry (SCCI) headed by Khawaja Wajid Ali left for Brazil on Monday. The delegation leader mentioned that the visit will surely pave the way in enhancing bilateral trade between Pak
Published 26 Jun, 2018 12:00am
'Drug abuse reaches its epidemic proportion in Pakistan'

'Drug abuse reaches its epidemic proportion in Pakistan'

The consumption of hard and soft drugs has reached its epidemic proportion in Pakistan as many spots in the provincial capital have become lucrative hubs for its consumption by the youth, said Consultant for Anti-Narcotics Syed Zulfiqar Hussain.
Published 26 Jun, 2018 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has grown from its humble origins of a spinning mill comprising of 14,400 spindles to become the fourth-largest textile company by sales. The company has managed to become a vertically integrated unit with annual spinning
Published 26 Jun, 2018 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has grown from its humble origins of a spinning mill comprising of 14,400 spindles to become the fourth-largest textile company by sales. The company has managed to become a vertically integrated unit with annual spinning
Updated 26 Jun, 2018 07:28am
Country gets $10.448 billion foreign assistance in 11 months

Country gets $10.448 billion foreign assistance in 11 months

The country provisionally received $10.448 billion of foreign assistance in first eleven months (July-May) of the current fiscal year against the budgeted estimates of $8.09 billion for 2017-18. The Economic Affaires Division (EAD) data revealed that gove
Published 26 Jun, 2018 12:00am
'Agriculture research playing vital role in ensuring food security'

'Agriculture research playing vital role in ensuring food security'

Punjab Secretary Agriculture Dr Wasif Khurshid said that agricultural research is playing an important role in ensuring food security of the country. Wasif appreciating work speed and enthusiasm/dedication of agricultural scientists towards completion of
Published 26 Jun, 2018 12:00am
Shaheen Air to fly over 40,000 pilgrims during Hajj season

Shaheen Air to fly over 40,000 pilgrims during Hajj season

Shaheen Air International is all set to fly over 40,000 pilgrims; comprising both private and government Hujjaj part of its annual Hajj schedule for the year 2018. The Hajj operations shall begin from 14th July, 2018 and will transport pilgrims from Karac
Published 26 Jun, 2018 12:00am
Thar coal-based IPP achieves financial Closure

Thar coal-based IPP achieves financial Closure

660MW Lucky Electric Coal Power Project based on Thar Coal has achieved financial closing today, signing of which was witnessed by caretaker Minister for Power, Ministry of Energy, Barrister Syed Ali Zafar.
Published 26 Jun, 2018 12:00am
US MIDDAY: gold hovers near six-month low

US MIDDAY: gold hovers near six-month low

Gold hovered near last week's six-month low on Monday as investors flocked to US Treasuries rather than bullion, amid concerns over a global trade war ratcheting higher after a report said the United States plans to bar Chinese companies from investing in
Published 26 Jun, 2018 12:00am
Copersucar sees smaller Brazil crop

Copersucar sees smaller Brazil crop

Brazil's Copersucar, the world's largest sugar and ethanol seller, expects smaller sugar production in the Brazilian center-south region in the current season due to ageing cane fields and drier weather and sees a more positive outlook for sugar prices.
Published 26 Jun, 2018 12:00am
Gold prices near six-month low in Europe

Gold prices near six-month low in Europe

Gold steadied off last week's six-month low on Monday as concerns over a global trade war ratcheted higher after a report said the United States plans to bar Chinese companies from investing in its technology firms. The US Treasury Department is crafting
Published 26 Jun, 2018 12:00am
Gold lower in Asia

Gold lower in Asia

Gold prices edged lower on Monday, pressured by a strong US dollar amid prospects of higher interest rates, while global trade tensions kept the metal buoyed above a six-month low hit last week. Spot gold was down 0.3 percent at $1,264.70 an ounce as of 0
Published 26 Jun, 2018 12:00am
Raw sugar slips

Raw sugar slips

Raw sugar futures on ICE fell for the first time in four sessions on Monday, after data showed speculators slightly increased their bearish stance amid abundant global supplies, while London cocoa firmed. October raw sugar settled down 0.09 cent, or 0.7 p
Published 26 Jun, 2018 12:00am
Oil drops as market braces for more OPEC crude

Oil drops as market braces for more OPEC crude

Oil fell on Monday as investors prepared for an extra 1 million barrels per day (bpd) of oil to hit markets after OPEC agreed to raise production and as US equity markets slipped on trade war fears. Brent crude futures fell 82 cents, or 1.1 percent, to se
Published 26 Jun, 2018 12:00am
Rubber down

Rubber down

Benchmark Tokyo rubber futures shed early gains to end lower on Monday, hitting their lowest since October 2016, weighed down by weaker oil prices and on concerns about oversupply.
Published 26 Jun, 2018 12:00am
South Sudan's Kiir hopes talks will bring 'immediate end' to war

South Sudan's Kiir hopes talks will bring 'immediate end' to war

South Sudanese President Salva Kiir said he hopes his meeting with arch-foe Riek Machar in Khartoum on Monday will bring an "immediate end" to the devastating war in their country. Machar and Kiir met at a Khartoum convention centre for a new round of pea
Published 26 Jun, 2018 12:00am
Government, farmers failed in Dutch egg scandal

Government, farmers failed in Dutch egg scandal

Poultry farmers, the Dutch food safety board and the government all failed in their duties during a tainted egg scandal which spread to 45 countries causing millions in damage, a scathing report found Monday.
Published 26 Jun, 2018 12:00am
EU, China vow to uphold global trade order

EU, China vow to uphold global trade order

The European Union and China pledged on Monday to strengthen a rules-based international trading system amid US protectionism, although the EU highlighted its concerns about Beijing's own restrictive market practices. Officials on both sides pledged to st
Published 26 Jun, 2018 12:00am
South African anti-apartheid photographer dies

South African anti-apartheid photographer dies

South African photographer David Goldblatt, whose work documented the abuses and divisions of apartheid, died in his sleep on Monday, a leading gallery announced. He was 87. "He passed away peacefully in his sleep at 5:37 am (0337 GMT) in his home in Joha
Published 26 Jun, 2018 12:00am
EU sanctions senior Myanmar military over Rohingya abuses

EU sanctions senior Myanmar military over Rohingya abuses

The EU on Monday hit seven top Myanmar security officials with sanctions over the Rohingya crisis, accusing them of serious human rights violations including killings and sexual violence. Some 700,000 members of the beleaguered Muslim minority have fled a
Published 26 Jun, 2018 12:00am
Saudi-led coalition says killed 8 Hezbollah fighters

Saudi-led coalition says killed 8 Hezbollah fighters

The Saudi-led coalition battling rebels in Yemen on Monday said its forces killed eight members of Lebanon's Shiite militant group Hezbollah in an air strike in northern Yemen, near the Saudi border.
Published 26 Jun, 2018 12:00am
EU calls for end to violence in Yemen, humanitarian access

EU calls for end to violence in Yemen, humanitarian access

The European Union on Monday called for all sides in the Yemen conflict to stop the escalation of violence and ensure the port of Hodeida stays open for vital humanitarian supplies. Yemeni government forces have been waging an offensive to retake Hodeida
Published 26 Jun, 2018 12:00am
EU sanctions Venezuelan VP, 10 others over election abuses

EU sanctions Venezuelan VP, 10 others over election abuses

The EU on Monday hit the Venezuelan vice-president and 10 other officials with sanctions over rights abuses and irregularities in the re-election of President Nicolas Maduro, which the bloc condemned as "neither free nor fair".
Published 26 Jun, 2018 12:00am
Malaysian palm oil springs back
Vegetable Oil

Malaysian palm oil springs back

Malaysian palm oil futures reversed earlier losses to chart a second straight session of gains at the close of trade on Monday, as the market's outlook of falling output supported prices. The benchmark palm oil contract for September delivery on the Bursa
Published 26 Jun, 2018 12:00am
Nine EU countries sign up for European military intervention plan

Nine EU countries sign up for European military intervention plan

Nine EU countries on Monday signed up to a French plan for a European defence intervention group, including Britain which backs the measure as a way to maintain strong security ties with the bloc after Brexit. The idea is for the so-called European Interv
Published 26 Jun, 2018 12:00am
Crimea electricity deliveries at centre of Russian spy case

Crimea electricity deliveries at centre of Russian spy case

A Russian official has been arrested on suspicion of passing information to Nato member Romania about energy deliveries to Moscow-annexed Crimea, Russian media reported Monday. Russia has had difficulty supplying electricity to the Crimean peninsula, whic
Published 26 Jun, 2018 12:00am