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Print - 2018-07-22
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 2 to June 29, 2018).

Published 22 Jul, 2018 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 (July 14, 2018).

Published 22 Jul, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 21, 2018).

Published 22 Jul, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 21, 2018).

Published 22 Jul, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (July 21, 2018) and the forecast for Sunday (July 22, 2018).

Published 22 Jul, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 21, 2018).

Published 22 Jul, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 21, 2018)

Published 22 Jul, 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 Saturday (July 21, 2018).

Published 22 Jul, 2018 12:00am
THE RUPEE: $ heading towards 131 level
Currency

THE RUPEE: $ heading towards 131 level

The rupee continued slide versus the dollar on the money market on Saturday and it's most likely that it may breach the barrier of Rs 131 in the near term, dealers said.
Published 22 Jul, 2018 12:00am
THE RUPEE: $ heading towards 131 level
Currency

THE RUPEE: $ heading towards 131 level

The rupee continued slide versus the dollar on the money market on Saturday and it's most likely that it may breach the barrier of Rs 131 in the near term, dealers said.
Published 22 Jul, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 21, 2018).

Published 22 Jul, 2018 12:00am
South Africa's 2018 maize output seen up marginally

South Africa's 2018 maize output seen up marginally

South Africa's maize output is expected to rise slightly in 2018 than previously estimated on the back of late harvests from the central and western parts of the maize belt, a Reuters poll of four traders and market analysts showed on Friday.
Published 22 Jul, 2018 12:00am
Bumper wheat harvest may ignite Argentina economy
Currency

Bumper wheat harvest may ignite Argentina economy

A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soya crop devastated by drought.
Published 22 Jul, 2018 12:00am
North American cocoa grind drops to 2012 low

North American cocoa grind drops to 2012 low

North American cocoa grindings fell more than expected in the second quarter of 2018, marking the weakest processing volumes for the April-to-June period in six years, according to data from the National Confectioners Association (NCA) on Thursday.
Published 22 Jul, 2018 12:00am
Warm US weather sows doubt over 180-bushel corn yield scenario

Warm US weather sows doubt over 180-bushel corn yield scenario

Unusually good US corn conditions and the quick pace of the crop have many traders and analysts baking heavy corn yields into their balance sheets, some as high as 180 bushels per acre, well above last year's record. If corn yield reaches a new high, it w
Published 22 Jul, 2018 12:00am
China's summer grain output down to 138.72 million tonnes
Cotton

China's summer grain output down to 138.72 million tonnes

China summer grain output fell 2.2 percent to 138.72 million tonnes in 2018, the National Bureau of Statistics said in a statement released on Wednesday. Summer grain acreage was at 267.03 million hectares in 2018, down 0.6 percent from last year, the bur
Published 22 Jul, 2018 12:00am
Indonesian coffee trade rises; Vietnam's coffee unharmed

Indonesian coffee trade rises; Vietnam's coffee unharmed

Healthy demand supported coffee markets in Indonesia, while a tropical storm sweeping through Vietnam caused no harm to coffee plants, traders said on Thursday. Indonesia's grade 4 defect 80 robusta was traded at a $70-$120 premium to London's September f
Published 22 Jul, 2018 12:00am
CBOT corn futures rise to one-week high

CBOT corn futures rise to one-week high

US corn futures advanced to their highest price in more than a week on Thursday on strong export demand and concerns about US crop conditions, traders said. September corn futures rose 4 cents to $3.51-1/4 a bushel at the Chicago Board of Trade. Most acti
Published 22 Jul, 2018 12:00am
CBOT soyabean futures up on technical buying

CBOT soyabean futures up on technical buying

US soyabean futures ended higher for the fourth consecutive day on Thursday on technical buying, as the market continued to recover from a 10-year low set early on Monday, traders said. August soyabeans futures rose 3-3/4 cents to $8.46 a bushel at the Ch
Published 22 Jul, 2018 12:00am
Good weather boosts Ivory Coast cocoa main crop

Good weather boosts Ivory Coast cocoa main crop

Abundant rainfall in most of Ivory Coast's cocoa regions last week is helping flowers develop into small pods and bodes well for the October-to-March main crop, farmers said on Monday. Ivory Coast, the world's top cocoa producer, is wrapping up its April-
Published 22 Jul, 2018 12:00am
Indian rice export prices fall to 15-month low

Indian rice export prices fall to 15-month low

Rice export prices in India slid to a 15-month low this week as the rupee remained weak and demand was sluggish as buyers held off purchases on hopes of deeper price declines, while Vietnam rates fell further on mounting supplies. Rates for India's 5 perc
Published 22 Jul, 2018 12:00am
Drought seriously damaged barley harvests in north Europe

Drought seriously damaged barley harvests in north Europe

Drought has seriously damaged barley harvests in north Europe, potentially tightening supplies of animal feed and malt for beer brewing, but a decent crop in France could save the day, experts said on Thursday. "There are painful crop losses in Germany, P
Published 22 Jul, 2018 12:00am
Cotton market: Soaring prices hampered by correction
Cotton

Cotton market: Soaring prices hampered by correction

An unprecedented rise in cotton prices hampered by technical correction on the local market on Saturday in process of modest trading, dealers said. The official spot rate stayed firm at Rs 9400, they added. Prices of seed cotton in Sindh were at Rs 4200-4
Published 22 Jul, 2018 12:00am
Indonesia's palm oil shrinking forests taints global brands

Indonesia's palm oil shrinking forests taints global brands

Palm oil sourced from illegally cleared rainforest areas in Indonesia has flowed through traders to major consumer goods brands despite widespread commitments to cease purchases of non-sustainable oil, a new report says.
Published 22 Jul, 2018 12:00am
Soyameal falls on European feeds market

Soyameal falls on European feeds market

Soyameal on the European meals and feeds market eased on Thursday, pressured by a strong dollar and continued concerns about the trade dispute between the United States and China, the world's top soya importer. South American soyameal was mostly offered b
Published 22 Jul, 2018 12:00am
Dry weather speeds up Brazil's coffee harvest

Dry weather speeds up Brazil's coffee harvest

Brazilian coffee farmers were able to speed up harvesting in recent days, helped by dry weather in most coffee producing regions, consultancy Safras & Mercado said on Thursday. Farmers had harvested 61 percent of the country's fields by July 17, according
Published 22 Jul, 2018 12:00am
Asian naphtha crack eases to two-session low

Asian naphtha crack eases to two-session low

Asia's naphtha crack eased to a two-session low of $92.88 a tonne on Thursday but the intermonth premium between first-half September and first-half October widened 25 cents to $8.50 a tonne, highest since July 13 due to demand. South Korea's LG Chem and
Published 22 Jul, 2018 12:00am
Brazil's CS sugar output likely to fall

Brazil's CS sugar output likely to fall

Brazil's 2018/19 center-south sugar output is projected to fall to 28 million tonnes compared with a previous estimate of 31 million tonnes due to a drought and high ethanol production, consultancy Safras & Mercado said on Wednesday.
Published 22 Jul, 2018 12:00am
India's coal demand rises

India's coal demand rises

India's coal demand rose 7.5 percent to about 900 million tonnes in the year ending March 2018, Coal Minister Piyush Goyal told lawmakers on Wednesday. Coal is expected to remain India's main energy source for the next three decades, even as the country e
Published 22 Jul, 2018 12:00am
Chinese steel futures jump to 10-month high

Chinese steel futures jump to 10-month high

Shanghai construction steel rebar futures climbed on Thursday to their highest in 10 months on concerns over supplies after China curbed production in top steelmaking cities in an effort to reduce pollution. The most-active rebar contract on the Shanghai
Published 22 Jul, 2018 12:00am
European wheat prices rise on weak euro

European wheat prices rise on weak euro

European wheat prices rose on Thursday with crop prospects in Germany, Britain and several other countries dented by a prolonged dry spell, while the weakness of the euro boosted the outlook for exports. December milling wheat, the most active contract on
Published 22 Jul, 2018 12:00am
Largest oil shipment from Vancouver to China since 2015

Largest oil shipment from Vancouver to China since 2015

An Aframax tanker is scheduled to deliver the largest shipment of crude oil from Vancouver to China since January 2015 later this month, Thomson Reuters trade flow data show. For years, Canadian officials have pushed for an escalation in crude exports to
Published 22 Jul, 2018 12:00am
Greece prepares to fly solo on bond markets

Greece prepares to fly solo on bond markets

Once the outcast of European bond markets, Greece appears firmly on the road to redemption. After years of austerity, the expiry of an 86 billion euro ($100 billion) bailout in August will mark the end of an era in which Greece defaulted, 10-year yields t
Published 22 Jul, 2018 12:00am
Greece prepares to fly solo on bond markets

Greece prepares to fly solo on bond markets

Once the outcast of European bond markets, Greece appears firmly on the road to redemption. After years of austerity, the expiry of an 86 billion euro ($100 billion) bailout in August will mark the end of an era in which Greece defaulted, 10-year yields t
Published 22 Jul, 2018 12:00am
Funds cut global equity holdings, cite trade war risk

Funds cut global equity holdings, cite trade war risk

Fund managers have cut equity allocations to the lowest level since November 2016 lows, and 60 percent of investors see trade war as the biggest risk for markets, Bank of America Merrill Lynch's (BAML) latest monthly poll showed on Tuesday.
Published 22 Jul, 2018 12:00am
Funds cut global equity holdings, cite trade war risk

Funds cut global equity holdings, cite trade war risk

Fund managers have cut equity allocations to the lowest level since November 2016 lows, and 60 percent of investors see trade war as the biggest risk for markets, Bank of America Merrill Lynch's (BAML) latest monthly poll showed on Tuesday.
Published 22 Jul, 2018 12:00am
Citi cuts forecast on global equities, downgrades EM stocks

Citi cuts forecast on global equities, downgrades EM stocks

US investment bank Citi on Thursday cut its projections for global equity returns by mid-2019 and also downgraded its position on emerging market stocks to neutral from overweight, citing trade war risks and dollar strength. The bank said its analysts now
Published 22 Jul, 2018 12:00am
US credit market fires warning about recession

US credit market fires warning about recession

A reliable bond market indicator may be waving the flag that a US recession is coming, market watchers said, and it is not the flattening yield curve. Risk premiums on investment-grade corporate bonds over comparable Treasuries have been rising since Febr
Published 22 Jul, 2018 12:00am
US credit market fires warning about recession

US credit market fires warning about recession

A reliable bond market indicator may be waving the flag that a US recession is coming, market watchers said, and it is not the flattening yield curve. Risk premiums on investment-grade corporate bonds over comparable Treasuries have been rising since Febr
Published 22 Jul, 2018 12:00am
Renewed political unease in Rome knocks Italian bonds

Renewed political unease in Rome knocks Italian bonds

Italy's government bond yields rose on Friday after local media reported on tensions within the coalition government and a newspaper interview with a lawmaker raised more concerns about Rome's commitment to the euro. The Italian government has reached a d
Published 22 Jul, 2018 12:00am
Renewed political unease in Rome knocks Italian bonds

Renewed political unease in Rome knocks Italian bonds

Italy's government bond yields rose on Friday after local media reported on tensions within the coalition government and a newspaper interview with a lawmaker raised more concerns about Rome's commitment to the euro. The Italian government has reached a d
Published 22 Jul, 2018 12:00am
Wall Street slips as trade worries dampen upbeat earnings

Wall Street slips as trade worries dampen upbeat earnings

US stocks ended slightly lower on Friday as escalating trade anxieties driven by US President Donald Trump's latest tariff threats against China offset a string of robust earnings led by Microsoft. The Dow Jones Industrial Average posted its third consecu
Published 22 Jul, 2018 12:00am
Egypt hikes gas prices by up to 75 percent

Egypt hikes gas prices by up to 75 percent

Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75 percent, the latest move in an IMF-backed austerity programme that has left many Egyptians struggling to make ends meet.
Published 22 Jul, 2018 12:00am
French minister implores US to 'see sense' over trade war

French minister implores US to 'see sense' over trade war

France's finance minister Bruno Le Maire told AFP on Saturday that the United States must avoid pushing the world into a "survival of the fittest" scenario through tit-for-tat trade sanctions. Le Maire said Europe as a whole was worried about being dragge
Published 22 Jul, 2018 12:00am
Ethiopia hopes Eritrea peace will bring prosperity
Currency

Ethiopia hopes Eritrea peace will bring prosperity

Eighteen years after the guns fell silent following Ethiopia's bloody border war with Eritrea, the frontier town of Zalambessa is a quiet, rubble-strewn outpost crossed by a road to nowhere. But change could be on the horizon after the leaders of Ethiopia
Published 22 Jul, 2018 12:00am
French rail strike cost SNCF nearly 800 million euros

French rail strike cost SNCF nearly 800 million euros

An unsuccessful strike by rail workers this year against President Emmanuel Macron's reform plan for the heavily indebted state operator SNCF cost the company 790 million euros ($920 million), according to an internal document seen by AFP.
Published 22 Jul, 2018 12:00am
Farnborough airshow announces $192 billion in orders

Farnborough airshow announces $192 billion in orders

England's Farnborough airshow this week saw deals worth $192 billion (164 billion euros), a jump of more than 50 percent compared to 2016, in a sign of "confidence in global trade", organisers said Saturday.
Published 22 Jul, 2018 12:00am
Russian banks, pension funds buy government bonds

Russian banks, pension funds buy government bonds

Russian banks and pension funds took advantage of a sell-off in the Russian bond market, sparked in recent months by fears of sanctions and the central bank's hint that the rate-cut cycle is almost over, central bank and market representatives said.
Published 22 Jul, 2018 12:00am
Russian banks, pension funds buy government bonds

Russian banks, pension funds buy government bonds

Russian banks and pension funds took advantage of a sell-off in the Russian bond market, sparked in recent months by fears of sanctions and the central bank's hint that the rate-cut cycle is almost over, central bank and market representatives said.
Published 22 Jul, 2018 12:00am
Thales, Gemalto 4.8 billion euro deal faces EU probe

Thales, Gemalto 4.8 billion euro deal faces EU probe

French aerospace and defence group Thales' 4.8-billion-euro ($5.6 billion) plan to acquire chipmaker Gemalto to become a top-three global player in digital security faces a full-scale EU probe, two people familiar with the matter said on Thursday.
Published 22 Jul, 2018 12:00am
Fugitive DHL heir arrested, jailed in Palau

Fugitive DHL heir arrested, jailed in Palau

The fugitive DHL heir Larry Hillbroom Jr has been arrested and jailed in Palau after two days on the run, the Pacific island nation's attorney general said Saturday. Hillbroom was found at his girlfriend's house after fleeing arrest when he failed a manda
Published 22 Jul, 2018 12:00am
Fiat turn to Jeep's Manley to replace ailing Marchionne

Fiat turn to Jeep's Manley to replace ailing Marchionne

The boards of Fiat Chrysler (FCA), Ferrari and CNH Industrial on Saturday chose Jeep's Mike Manley to replace ailing emblematic boss Sergio Marchionne, Italian media reported. Briton Manley, 54, had headed Jeep since 2009 and also pick-up and vans produce
Published 22 Jul, 2018 12:00am
US tariffs to cost Germans up to 20 billion euros this year

US tariffs to cost Germans up to 20 billion euros this year

US President Donald Trump's tariffs will lead to a drop in prosperity in Germany this year and are likely to cost Germans up to 20 billion euros ($23.44 billion), the head of German think-tank IMK said. The United States imposed tariffs on EU steel and al
Published 22 Jul, 2018 12:00am
Canadian dollar rises
Currency

Canadian dollar rises

The Canadian dollar rose against a broadly weak US dollar on Friday after strong inflation and retail sales data reinforced expectations for another interest rate hike by the Bank of Canada this year. The loonie posted its largest one-day gain versus the
Published 22 Jul, 2018 12:00am
IBM to offer new digital stable coin
Currency

IBM to offer new digital stable coin

International Business Machines Corp is backing a new cryptocurrency pegged to the US dollar, in a partnership with US-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said.
Published 22 Jul, 2018 12:00am
Trump and the US dollar: Actions speak louder than words

Trump and the US dollar: Actions speak louder than words

US President Donald Trump may not be happy about the strength of the US dollar, but the greenback's recent rally may partly be a product of his own making. The US dollar has been climbing against major currencies for several months, with the dollar index
Published 22 Jul, 2018 12:00am
Chinese yuan midpoint fixing weakest in a year
Currency

Chinese yuan midpoint fixing weakest in a year

The dollar fell across the board on Friday, as the latest comments by US President Donald Trump complaining about the strength of the greenback and the rise in US interest rates squashed a rally that took it to a one-year high the previous session.
Published 22 Jul, 2018 12:00am
BitPay granted virtual currency license
Currency

BitPay granted virtual currency license

The New York Department of Financial Services (DFS) said on Monday it had granted a virtual currency license to bitcoin payments processor BitPay. BitPay, which was founded in 2011, is authorized to offer clearing and settlement services to merchants will
Published 22 Jul, 2018 12:00am
Speculators lift bullish USD bets to highest since March 2017
Currency

Speculators lift bullish USD bets to highest since March 2017

Speculators raised bullish bets on the US dollar to the largest position since March 2017, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $18.41 billion
Published 22 Jul, 2018 12:00am
Swiss finance minister says franc 'overvalued' but liveable

Swiss finance minister says franc 'overvalued' but liveable

Switzerland's Finance Minister Ueli Maurer said in an interview on Wednesday that the Swiss franc was overvalued relative to the euro, but added that the country and its companies "can live with" the current exchange rate. "We like more 1.20 but at the mo
Published 22 Jul, 2018 12:00am
China to use 'counter-cyclical' measures to curb FX volatility
Currency

China to use 'counter-cyclical' measures to curb FX volatility

China's foreign-exchange regulator said on Thursday it was well-equipped to keep currency markets stable amid intensifying trade frictions with the United States and prepared to counteract cross-border capital outflow volatility if it arises. Wang Chunyin
Published 22 Jul, 2018 12:00am
Emerging market volatility fuelling currency trading boom
Currency

Emerging market volatility fuelling currency trading boom

Emerging market foreign exchange trading is growing at a double-digit clip this year, as economic and political worries stoke volatility and sell-offs in currencies such as the Chinese yuan, Turkish lira and Mexican peso, industry data shows.
Published 22 Jul, 2018 12:00am
Emerging market volatility fuelling currency trading boom
Currency

Emerging market volatility fuelling currency trading boom

Emerging market foreign exchange trading is growing at a double-digit clip this year, as economic and political worries stoke volatility and sell-offs in currencies such as the Chinese yuan, Turkish lira and Mexican peso, industry data shows.
Published 22 Jul, 2018 12:00am
Woods in the mix as Kisner makes move at British Open

Woods in the mix as Kisner makes move at British Open

Tiger Woods is right in contention at the top of a packed British Open leaderboard after one of the best completed scores so far in the third round at Carnoustie on Saturday afternoon. The 14-time major winner was at one point out on his own at the top of
Published 22 Jul, 2018 12:00am
Fraile ends Belgian hopes with maiden Tour win

Fraile ends Belgian hopes with maiden Tour win

Spaniard Omar Fraile ended Belgian hopes of a Tour de France victory on their national holiday with a gutsy, maiden victory on the race on the 14th stage Saturday. Britain's Geraint Thomas, of Team Sky, retained the race leader's yellow jersey after cross
Published 22 Jul, 2018 12:00am
Baker wins London Diamond League 100m after Coleman injury

Baker wins London Diamond League 100m after Coleman injury

World Indoor 60 metres bronze medallist Ronnie Baker emerged victorious from a hotly-contested 100m on Saturday's opening day of the London Diamond League after injury struck his US team-mate and rival Christian Coleman. Baker might have expected to chall
Published 22 Jul, 2018 12:00am
Joint inter-Korea team wins mixed TT doubles at Korea Open

Joint inter-Korea team wins mixed TT doubles at Korea Open

A joint table tennis team from the two Koreas on Saturday won the final in mixed doubles at the Korea Open, claiming the first gold in the latest instalment of sporting diplomacy on the peninsula. Jang Woo-jin, a male player from the South, and Cha Hyo Si
Published 22 Jul, 2018 12:00am
Hamilton gives up on German victory after qualifying catastrophe
Kerb

Hamilton gives up on German victory after qualifying catastrophe

Lewis Hamilton said he does not believe he can repeat his Silverstone heroics by driving through the field to gain a podium finish in Sunday's German Grand Prix. The four-time world champion is expected to start the race from 14th on the grid after suffer
Published 22 Jul, 2018 12:00am
Punjab CM greets cricket team, Fakhar Zaman

Punjab CM greets cricket team, Fakhar Zaman

Caretaker Punjab Chief Minister Dr Hasan Askari has congratulated the national cricket team over its victory against Zimbabwe in fourth one-day match. Congratulating Fakhar Zaman for scoring second century in series and first double hundred in one-day int
Published 22 Jul, 2018 12:00am
Pakistan Army win Inter Services Basketball Championship

Pakistan Army win Inter Services Basketball Championship

Pakistan Army has won the Inter Services Basketball Championship 2018 whereas team of Pakistan Air Force remained runner up. Closing Ceremony of Inter Services Basketball Championship 2018 was held at Karachi. Commander Coast of Pakistan Navy, Rear Admira
Published 22 Jul, 2018 12:00am
Dortmund ease past Man City in Champions Cup opener

Dortmund ease past Man City in Champions Cup opener

Pep Guardiola's start to his pre-season campaign ended in defeat as Borussia Dortmund captain Mario Gotze's first half penalty was enough to see off the Premier League champions Manchester City 1-0 at Soldier Field in Chicago on Friday.
Published 22 Jul, 2018 12:00am
Warner sets World Cup goal after first home hit-out

Warner sets World Cup goal after first home hit-out

Banished opening batsman David Warner says he is looking to be part of Australia's World Cup defence in England next year after his first hit-out at home on Saturday. The pugnacious Warner smacked 36 runs off 32 balls in the Northern Territory Strike Leag
Published 22 Jul, 2018 12:00am
Bouchard's strong return halted by injury in Gstaad

Bouchard's strong return halted by injury in Gstaad

A leg injury ended the best showing in 18 months by Eugenie Bouchard, who quit her Saturday semi-final at Gstaad trailing Alize Cornet 7-6 (7/5), 1-0. The 2014 Wimbledon finalist, whose one-time fourth ranking has slipped to No. 146 after several seasons
Published 22 Jul, 2018 12:00am
Sri Lanka build domineering lead over South Africa

Sri Lanka build domineering lead over South Africa

Sri Lanka surged to 151 for 3 in their second innings on Saturday - a 365-run overall lead - as they sought a whitewash triumph over South Africa in their two-Test series. After their spinners had skittled out South Africa for just 124 in their first inni
Published 22 Jul, 2018 12:00am
EU migrant policy suffers blow as Italy, Libya reject proposals

EU migrant policy suffers blow as Italy, Libya reject proposals

The European Union's migrant strategy suffered a major new setback Friday with Italy refusing to freely accept people rescued at sea and Libya spurning a proposal for asylum processing centres. The salvoes follow a fractious EU summit in June which agreed
Published 22 Jul, 2018 12:00am
Thousands protest Australia's refugee detention policy

Thousands protest Australia's refugee detention policy

Thousands of people marched across major Australian cities Saturday calling for an end to Canberra's offshore detention of asylum-seekers. The government sends anyone who tries to enter the country by sea to camps on Papua New Guinea's Manus Island or on
Published 22 Jul, 2018 12:00am
Germany drops sanctions on Turkey, relaxes travel advice

Germany drops sanctions on Turkey, relaxes travel advice

Germany has lifted economic sanctions on Turkey and relaxed its travel advice to the country, Berlin said Saturday, after Ankara ended its two-year state of emergency. A 1.5 billion-euro ($1.7 billion) limit on export guarantees to Turkey would not be ren
Published 22 Jul, 2018 12:00am
UN chief urges Israel, Palestinians to avoid 'devastating conflict'

UN chief urges Israel, Palestinians to avoid 'devastating conflict'

UN Secretary-General Antonio Guterres called Saturday on Israelis and Palestinians to avoid "another devastating conflict" after resurgent violence claimed five lives on Friday. "I am gravely concerned over the dangerous escalation of violence in Gaza and
Published 22 Jul, 2018 12:00am
Austria ditches Turkish driving theory test

Austria ditches Turkish driving theory test

Learner drivers in Austria will no longer be able to take their theory test in Turkish, the transport ministry announced on Saturday, blaming the cost of translating the exam. Of the nearly 300,000 theory tests taken last year, only 3,631 were conducted i
Published 22 Jul, 2018 12:00am
Cuba's new president names cabinet resembling Castro's

Cuba's new president names cabinet resembling Castro's

Cuba's new President Miguel Diaz-Canel named his cabinet on Saturday, keeping a majority of ministers from predecessor Raul Castro including in the key posts of defense, interior and foreign relations, signaling continuity rather than change.
Published 22 Jul, 2018 12:00am
Trade accords on Xi's agenda during Senegal swing

Trade accords on Xi's agenda during Senegal swing

China's President Xi Jinping was to ink a raft of trade accords Saturday on the first visit by a Chinese leader to Senegal in almost a decade, Senegalese presidential sources said. Senegalese President Macky Sall welcomed his counterpart to Dakar for afte
Published 22 Jul, 2018 12:00am
Indonesia deports French drug smuggler after 18 years

Indonesia deports French drug smuggler after 18 years

A Frenchman who served 18 years in custody for smuggling drugs into Bali was deported Saturday in a case that sparked outrage in his native country over Indonesia's tough narcotics laws. Police arrested Michael Blanc on the day after Christmas in 1999 at
Published 22 Jul, 2018 12:00am
Spain's conservatives swing to the right with new leader

Spain's conservatives swing to the right with new leader

Spain's conservatives shifted to the right on Saturday, electing a traditionalist as leader as they seek to re-establish a clear political identity less than two months after being removed from government. Pablo Casado won a clear victory in the ballot of
Published 22 Jul, 2018 12:00am
Aid arrives in Syria as Putin, Macron discuss relief mission to Ghouta

Aid arrives in Syria as Putin, Macron discuss relief mission to Ghouta

Humanitarian aid sent by France and Russia arrived in Syria on Saturday as the two countries' leaders discussed a joint mission to distribute much-needed relief supplies in a ravaged former rebel enclave. The joint humanitarian aid operation - the first b
Published 22 Jul, 2018 12:00am