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Print - 2018-09-12
'Green light' given for third UEFA club competition

'Green light' given for third UEFA club competition

European Club Association (ECA) chairman Andrea Agnelli has said that UEFA are clearing the way for the return of a third club competition, two decades after the disappearance of the Cup Winners' Cup. Agnelli, who is also on UEFA's club competitions commi
Published 12 Sep, 2018 12:00am
Premiership chief plays down takeover talk

Premiership chief plays down takeover talk

Premiership chairman Ian Ritchie says allowing a takeover of English rugby's top tier is "not the preferred option", but he admitted the cash-strapped league is looking for investment. Former Formula One owners CVC Capital Partners are believed to have ex
Published 12 Sep, 2018 12:00am
Model markets plan chalked out

Model markets plan chalked out

Punjab Special Secretary Agriculture (Marketing) Ehsan Bhutta has decided to transform 25 markets into model markets. These markets include fruit and vegetable markets of Hafizabad, Gujranwala, Muzaffargarh, Rajanpur, DG Khan, RY Khan, Bahawalpur, Multan,
Published 12 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 12 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 12 Sep, 2018 12:00am
At least 32 killed in suicide attack on Afghan protesters

At least 32 killed in suicide attack on Afghan protesters

A suicide attack on protesters in eastern Afghanistan on Tuesday killed at least 32 people, officials said, as an uptick in violence across the war-torn country dampens hopes for peace talks and elections. There were chaotic scenes at several hospitals as
Published 12 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 11, 2018).

Published 12 Sep, 2018 12:00am
At least 32 killed in suicide attack on Afghan protesters

At least 32 killed in suicide attack on Afghan protesters

A suicide attack on protesters in eastern Afghanistan on Tuesday killed at least 32 people, officials said, as an uptick in violence across the war-torn country dampens hopes for peace talks and elections. There were chaotic scenes at several hospitals as
Published 12 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (September 11, 2018) and the forecast for Wednesday (September 12, 2018).

Published 12 Sep, 2018 12:00am
Water scarcity and agri output

Water scarcity and agri output

Briefing the Special Senate Committee on 6th September, 2018, the Indus River System Authority (Irsa) revealed that "as per preliminary analysis of data, it is anticipated that the water deficit may result in 35-45 percent shortfall during the forthcoming
Published 12 Sep, 2018 12:00am
Action against illegal constructions

Action against illegal constructions

The Capital Development Authority (CDA) has launched an anti-encroachment drive, demolishing many building constructed illegally or in violation of regulations along the Kashmir Highway and in G-12. As the capital city's Deputy Commissioner told journalis
Published 12 Sep, 2018 12:00am
Short-, medium-term economic challenges - V

Short-, medium-term economic challenges - V

We now move to another important sub-sector of the energy namely the natural gas. A host of problems surround the gas sector: What should be the position of gas in energy needs of the country? What uses be marked for gas as desirable and what restricted?
Published 12 Sep, 2018 12:00am
Dams - let Pakistanis invest rather than donate

Dams - let Pakistanis invest rather than donate

The World Economic Forum's Global Water Initiative, as one of the core projects of the System Initiative on Environment and Natural Resource Security, seeks to embed water at the center of economic growth planning. According to this initiative, water is a
Published 12 Sep, 2018 12:00am
Chinese companies flee overseas to avoid US tariffs

Chinese companies flee overseas to avoid US tariffs

A growing number of Chinese companies are adopting a crafty way to evade US President Donald Trump's tariffs: remove the "Made in China" label by shifting production to countries such as Vietnam, Serbia and Mexico.
Published 12 Sep, 2018 12:00am
Country's state of economy

Country's state of economy

Noted economist Dr Hafiz A Pasha has touched upon a key subject of public finances in one of recent op-ed articles for this newspaper. He has started his argument on a highly somber but realistic and objective note as he points out that "the primary conce
Published 12 Sep, 2018 12:00am
PM, President, others grieved over death of Begum Kalsoom

PM, President, others grieved over death of Begum Kalsoom

Prime Minister Imran Khan, President Arif Alvi, leaders of different political parties and foreign ambassadors have expressed deep grief and sorrow over the sad demise of former first lady Begum Kalsoom Nawaz. In a statement here on Tuesday, Prime Ministe
Published 12 Sep, 2018 12:00am
CoAS grieved

CoAS grieved

Chief of Army Staff (COAS) Genral Qamar Javed Bajwa Tuesday expressed his grief and heartfelt condolences to the bereaved family on the sad demise of Begum Kulsoom Nawaz. "May Allah bless the departed soul in eternal peace at Heaven-Ameen", Director Gener
Published 12 Sep, 2018 12:00am
Accountability court rejects defence counsel's plea

Accountability court rejects defence counsel's plea

The Accountability Court hearing corruption cases against the Sharif family members Tuesday rejected the plea of defense counsel for adjournment in hearing of Al-Azizia Steel Mills case till Thursday next.
Published 12 Sep, 2018 12:00am
Alvi's security to remain as per 'Blue Book'

Alvi's security to remain as per 'Blue Book'

Newly elected President Dr Arif Alvi is considering to depart from unnecessary protocol but the security will remain as per the Blue Book, the sources revealed.
Published 12 Sep, 2018 12:00am
Tribal areas uplift: PM assures required resources

Tribal areas uplift: PM assures required resources

Prime Minister Imran Khan Tuesday assured that the Federal Government would provide additional resources required for the uplift of the tribal areas, besides playing an effective role for allocation of development package meant for the areas out of the Na
Published 12 Sep, 2018 12:00am
NAB to complete legal formalities for bringing Dar back: chief

NAB to complete legal formalities for bringing Dar back: chief

Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal on Tuesday said that Bureau will complete all legal formalities to bring back former Finance Minister Ishaq Dar, who has been declared a proclaimed offender by an accountability cour
Published 12 Sep, 2018 12:00am
Overseas Pakistanis: ECP dismisses concerns over i-voting

Overseas Pakistanis: ECP dismisses concerns over i-voting

The Election Commission of Pakistan (ECP) Tuesday dismissed concerns over i-voting for overseas Pakistanis in upcoming by-elections, saying the Commission is not acting in haste and is fulfilling its constitutional responsibility. Holding a joint press co
Published 12 Sep, 2018 12:00am
Dialogue for setting up BAC under way: Umar

Dialogue for setting up BAC under way: Umar

Minister for Finance and Revenue, Asad Umar on Tuesday said the government was holding consultation for setting up the Business Advisory Council to establish a liaison between government and business community to make Pakistan the regional hub for investo
Published 12 Sep, 2018 12:00am
PM asks LG body to finalise suggestions in next 48 hours

PM asks LG body to finalise suggestions in next 48 hours

Prime Minister Imran Khan on Wednesday chaired a meeting regarding the local government (LG) bodies here at the PM Office and directed the Committee on Local Bodies to finalize its recommendations within the next 48 hours.
Published 12 Sep, 2018 12:00am
LoC violations: Indian deputy HC summoned

LoC violations: Indian deputy HC summoned

Pakistan Tuesday summoned acting Indian deputy high commissioner and lodged a strong protest with him over the unprovoked ceasefire violations in Khanjar Sector along the Line of Control (LoC), the Foreign Office said.
Published 12 Sep, 2018 12:00am
NAB asked to conclude inquiry into LNG scam

NAB asked to conclude inquiry into LNG scam

The Supreme Court on Tuesday dispensing with the suo motu on Liquefied Natural Gas (LNG) contract directed the National Accountability Bureau (NAB) to complete inquiry into the scam and submit its report with LNG agreement in a sealed envelope.
Published 12 Sep, 2018 12:00am
JI chief demands crackdown on streets criminals

JI chief demands crackdown on streets criminals

Jamaat-e-Islami (JI) chief Senator Siraj-ul-Haq on Tuesday blamed the police and rangers for growing street crimes in the metropolis and urged the PPP's Sindh government to begin strict action against the criminals involved in theft and robberies.
Published 12 Sep, 2018 12:00am
Girls outclass boys in HSSC exams

Girls outclass boys in HSSC exams

Girls clinched the overall top three positions in the results of the 2018 annual intermediate examination (Part-I & II) as the Lahore Board of Intermediate and Secondary Education (BISE) announced names of all position holders on Tuesday.
Published 12 Sep, 2018 12:00am
P@SHA organises 15th ICT awards to commemorate IT industry achievements

P@SHA organises 15th ICT awards to commemorate IT industry achievements

-Pakistan Software Houses Association for IT & ITES (P@SHA) held its 15th P@SHA ICT Awards on 7th of September, 2018 in Islamabad. The P@SHA Awards are the premier event of the IT industry and bring together business leaders from various sectors as well a
Published 12 Sep, 2018 12:00am
12th May, Baldia tragedies Courts urged to expedite cases

12th May, Baldia tragedies Courts urged to expedite cases

Advisor to the Chief Minister on Information, Archives, Law and Anti-Corruption Barrister Murtaza Wahab has said that tragedies of 12th May and Baldia were against the society, adding that both the matters had become sub judice and it was for the courts t
Published 12 Sep, 2018 12:00am
Need for checking growth of population stressed

Need for checking growth of population stressed

Terming population growth as a big challenge, provincial minister for population welfare Col Hashim Dogar (retd) has said the government is taking every possible step to overcome this issue.
Published 12 Sep, 2018 12:00am
NA speaker for ensuring peace in Muharram

NA speaker for ensuring peace in Muharram

Speaker National Assembly Asad Qaiser has urged the nation to forge unity among their ranks, shun all types of differences and supplement government efforts for ensuring peace in the country during the holy month of Muharram. He urged in his message on th
Published 12 Sep, 2018 12:00am
PES remembers victims of Baldia Town, Bund Road fire incidents

PES remembers victims of Baldia Town, Bund Road fire incidents

The Punjab Emergency Service (PES) commemorated the victims of Baldia Town, Karachi and Bund Road, Lahore, factory fires as both fire incidents were 9/11 of Pakistan, in which around 300 people lost their lives in twin factory fire incidents on 11th Septe
Published 12 Sep, 2018 12:00am
Any attempt to rollback 18th Amendement will be resisted: CM

Any attempt to rollback 18th Amendement will be resisted: CM

Sindh Chief Minister Syed Murad Ali Shah has said that the 18th Constitutional Amendment provides provincial autonomy and it has strengthened parliamentary form of government in the country; therefore, any attempt to roll it back will be resisted stiffly.
Published 12 Sep, 2018 12:00am
Car sales down by 18.5 percent in August

Car sales down by 18.5 percent in August

The sales of passenger cars have witnessed 18.5 percent decline in August as compared to the figures of July, 2018. According to the auto data released by Pakistan Automotive Manufacturers Association (PAMA) for the month of August 2018, the sales of 1300
Published 12 Sep, 2018 12:00am
Bid to smuggle gold foiled

Bid to smuggle gold foiled

Airport Security Force (ASF) on Tuesday foiled an attempt to smuggle huge quantity of gold ornaments at Jinnah International Airport. Credible information was received that some unscrupulous elements were planning to smuggle huge quantity of gold ornament
Published 12 Sep, 2018 12:00am
CPEC project: need for producing skilled workforce stressed

CPEC project: need for producing skilled workforce stressed

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that a chain of technical institutions should be established across the country in order to produce skilled workforce to earn better incentives in the CPEC project.
Published 12 Sep, 2018 12:00am
SECP's facilitation centre opens in Gwadar

SECP's facilitation centre opens in Gwadar

The registration of business is a primary need of investors and in order to meet this need, the SECP has opened a fully equipped and state-of-the-art facilitation centre in Gwadar. The SECP has taken many steps to facilitate the business community. The SE
Published 12 Sep, 2018 12:00am
NKATI EC members: all seven candidates of UFG elected unopposed

NKATI EC members: all seven candidates of UFG elected unopposed

All the 7 candidates of United Founder Group (UFG) led by Capt A Moiz Khan have been elected unopposed as members of executive committee of North Karachi Association of Trade & Industry (NKATI) for two years. The Election Committee of the NKATI received o
Published 12 Sep, 2018 12:00am
SAU vice chancellor for research on seed & water

SAU vice chancellor for research on seed & water

Vice Chancellor Sindh Agriculture University Prof Dr Mujeebuddin Sehrai has emphasised the need for effective research on seed and water utilization in order to achieve maximum yield per acre under the existing climate change.
Published 12 Sep, 2018 12:00am
Peace and tranquility must for economic progress: Bilwani

Peace and tranquility must for economic progress: Bilwani

President of S.I.T.E. Association of Industry (SAI), Muhammad Jawed Bilwani, has demanded of the government to accord top priority to law and order situation in the larger interest of the country and its citizens. He also called for continuous support of
Published 12 Sep, 2018 12:00am
Rain-related incidents claim for lives in Mardan

Rain-related incidents claim for lives in Mardan

Four people including three minors were died while three people including two minors were critically injured in different roof collapse incident due to heavy rains accompanied by hail storm which lashed different areas of Mardan district. Sources said tha
Published 12 Sep, 2018 12:00am
China's help sought for completing ML-1 projects under CPEC

China's help sought for completing ML-1 projects under CPEC

Federal Minister for Railways Sheikh Rashid Ahmad on Tuesday sought China's help for completing Main Line (ML-1) projects under the China-Pakistan Economic Corridor (CPEC) framework with an estimated cost of $8.2 billion, official sources revealed to B
Published 12 Sep, 2018 12:00am
Beekeepers demand revision in levy on honeybee boxes

Beekeepers demand revision in levy on honeybee boxes

Beekeepers and exporters have voiced concern over increase in levy on honeybee boxes temporary exported to Afghanistan and demanded for immediate revise in the tax, otherwise, they said their business and export would be adversely affected.
Published 12 Sep, 2018 12:00am
Working of IPC ministry unfolded to Prime Minister

Working of IPC ministry unfolded to Prime Minister

Prime Minister Imran Khan on Tuesday chaired a briefing on Inter-Provincial Coordination (IPC) Ministry at the Prime Minister's Office. Minister IPC Dr Fehmida Mirza, Secretary IPC Jamil Ahmed, Chairman Pakistan Cricket Board Ehsan Mani and senior governm
Published 12 Sep, 2018 12:00am
National Assembly Speaker, others briefed on CPEC

National Assembly Speaker, others briefed on CPEC

A detailed meeting regarding China-Pakistan Economic Corridor was held under the chairmanship of Speaker National Assembly Asad Qasider in the Parliament House on Tuesday. The meeting was attended by Pervez Khattak, Minister for Defence, Muhammad Qasim Kh
Published 12 Sep, 2018 12:00am
PTCL upgrades CharJi 4G LTE network

PTCL upgrades CharJi 4G LTE network

In order to provide high speed and seamless internet experience to its customers, the PTCL has recently implemented major upgrade of its CharJi 4G LTE network in Karachi, Islamabad, Rawalpindi and Peshawar. As part of this process, 3G EVO services in thes
Published 12 Sep, 2018 12:00am
NAP to be implemented in letter and spirit: Afridi

NAP to be implemented in letter and spirit: Afridi

The implementation of the National Action Plan (NAP) is one of the top priorities of the government and different measures have been taken to implement it in letter and spirit to annihilate terrorism and extremism from the country. During an interactive s
Published 12 Sep, 2018 12:00am
DFID, Karandaaz introduce PCEF
Currency

DFID, Karandaaz introduce PCEF

UK's Department for International Development (DFID) and Karandaaz Pakistan introduced the Pakistan Credit Enhancement Facility (PCEF) to public and private sector stakeholders in a conference on Tuesday. The local currency credit enhancement facility is
Published 12 Sep, 2018 12:00am
12,000 cops to ensure L&O in Islamabad during Muharram

12,000 cops to ensure L&O in Islamabad during Muharram

As many as 12,000 personnel of the Islamabad Police, Pakistan Rangers and the FC would perform security duties during Muharram-ul-Haram and to maintain high vigilance to thwart any untoward incident. The Islamabad Police have finalized comprehensive secur
Published 12 Sep, 2018 12:00am
Chinese media reacts over FT's report about CPEC

Chinese media reacts over FT's report about CPEC

Chinese media's took notice of the Financial Times' report on CPEC, and stated that Industrialization is most viable way-out for Pakistan to overcome its financial and socio-economic problems. Quoting the report, Chinese newspaper the Global Times said, t
Published 12 Sep, 2018 12:00am
Maldives market awaits Pakistani exporters: FPCCI

Maldives market awaits Pakistani exporters: FPCCI

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday said the market of Maldives is awaiting exploration by Pakistani business community. The government of Maldives is tilted towards Pakistan and our quality products are in grea
Published 12 Sep, 2018 12:00am
DFID team meets Punjab CS

DFID team meets Punjab CS

The Chief Secretary Punjab Akbar Durrani has said that collaboration between the Punjab government and DFID is successfully underway in the areas of education, health and skill development. He stated this during a meeting with a four-member delegation of
Published 12 Sep, 2018 12:00am
Brickkiln owners urged to shift on zig-zag technology

Brickkiln owners urged to shift on zig-zag technology

Advisor to Prime Minister on climate change Malik Amin Aslam Khan on Tuesday urged the bricks kiln owners to shift on zig-zag technology as it slows down emission of smokes to curb pollution levels. He stated this while chairing a meeting with the delegat
Published 12 Sep, 2018 12:00am
Jazz wins speedtest award from Ookla

Jazz wins speedtest award from Ookla

The Speedtest award from Ookla goes to Jazz, Pakistan's leading digital communications company. Ookla, an independent global leader in internet testing analyzed tests from a large sample of genuine mobile users in Pakistan, and found Jazz to be significan
Published 12 Sep, 2018 12:00am
KMU, KCD sign MoU on research & diagnostic collaboration

KMU, KCD sign MoU on research & diagnostic collaboration

Khyber Medical University (KMU), Peshawar and Khyber College of Dentistry (KCD), Peshawar signed a Memorandum of Understanding (MoU) on diagnostic and research collaboration. The agreement was signed by Prof Dr ArshadJavaid Vice Chancellor KMU and Prof Dr
Published 12 Sep, 2018 12:00am
Punjab to launch crackdown on polluters

Punjab to launch crackdown on polluters

Punjab government has decided to launch a crackdown on those causing air and environmental pollution (burning of crop stubble, garbage, and industrial, vehicular emissions) as part of efforts to combat smog. Under section 144 burning of crop residue and g
Published 12 Sep, 2018 12:00am
Wheelchairs distributed among special people

Wheelchairs distributed among special people

A ceremony of distribution of 15 wheel chairs among the disabled people was held in LandiKotal on Tuesday. The welfare activity that was organized under the auspices of Al-Khedmat Foundation, LandiKotal chapter was carried out in Al-Khedmat hospital which
Published 12 Sep, 2018 12:00am
JI condoles death of Kulsoom Nawaz

JI condoles death of Kulsoom Nawaz

Chief of Jamaat e Islami, Pakistan, Senator Sirajul Haq, JI Secretary General Liaqat Baloch, and other senior party leaders have expressed deep grief over the demise of former first lady Begum Kulsoom Nawaz.
Published 12 Sep, 2018 12:00am
Catalan separatists rally in Barcelona in show of strength

Catalan separatists rally in Barcelona in show of strength

Around one million Catalans rallied in Barcelona on Tuesday, banging drums and blowing whistles in a show of support for independence nearly a year after a failed attempt to break away from Spain. Wearing coral-red T-shirts and waving the red, yellow and
Published 12 Sep, 2018 12:00am
Businessmen support PM's call for construction of dams

Businessmen support PM's call for construction of dams

The business community including Federation of Pakistan Chamber of Commerce and Industry responding to the call of Prime Minister Imran Khan for construction of dams announced to fully support this noble cause to save the country from drought and water st
Published 12 Sep, 2018 12:00am
Minister stresses need for teachers' capacity building

Minister stresses need for teachers' capacity building

The objective of quality education in government schools can be achieved through provision of best teachers' training as they play the pivotal role in the success of their students. The government has therefore planned to initiate solid steps for the capa
Published 12 Sep, 2018 12:00am
Kulsoom Nawaz's burial likely on Friday

Kulsoom Nawaz's burial likely on Friday

The burial of Begum Kulsoom Nawaz, the wife of three-time prime minister Nawaz Sharif, who is in Adiala Jail after conviction, is expected on Friday, sources said. The Sharif family has confirmed that Begum Kulsoom's body will be brought back to Pakistan
Published 12 Sep, 2018 12:00am
Coca-Cola partners with Rotary to provide clean drinking water

Coca-Cola partners with Rotary to provide clean drinking water

Coca-Cola has partnered with Rotary Pakistan National Polio plus Committee, and UNDP as administrative partner, for the project 'Zindagi', with a mission to provide clean drinking water and mitigating the transmission of water-borne diseases in Pakistan.
Published 12 Sep, 2018 12:00am
PFA, PAMCO to form joint vigilance team

PFA, PAMCO to form joint vigilance team

The Punjab Food Authority (PFA) and Punjab Agriculture & Meat Company (PAMCO) agreed for a joint enforcement team to control the sale and purchase of sick, emaciated and unhygienic chicken meat, beef and mutton besides elimination of illegal slaughterhous
Published 12 Sep, 2018 12:00am
HIV test of TB patients to be conducted

HIV test of TB patients to be conducted

With a view to dig out TB patients, special teams of health department would visit the districts of Southern Punjab, Director Punjab TB Control Program (PTP) Dr Zarfishan Tahir, said. While presiding over two-day Inter-district review meeting organized by
Published 12 Sep, 2018 12:00am
LCCI urges government to slash RD on smuggling-prone items

LCCI urges government to slash RD on smuggling-prone items

The Lahore Chamber of Commerce and Industry has urged the government to slash regulatory duty on smuggling-prone items to discourage the illegal trade. High rate of duties and taxes always encourage illegal trade which harms the local industries besides c
Published 12 Sep, 2018 12:00am
Buzdar vows to introduce reforms in Punjab police

Buzdar vows to introduce reforms in Punjab police

Punjab Chief Minister Sardar Usman Buzdar on Tuesday said that reforms were being introduced in Punjab police and no one could interfere in police affairs. "Police will be made totally neutral and a public service institution which would come up to the ex
Published 12 Sep, 2018 12:00am
Sterling edges lower
Currency

Sterling edges lower

Sterling erased its earlier gains and edged lower on Tuesday as a rise in optimism over prospects for a Brexit trade deal with the European Union faded. The British currency hit its highest level since early August in early trading at $1.3087, but gave up
Published 12 Sep, 2018 12:00am
UK pay growth beats forecasts as hiring levels off
Currency

UK pay growth beats forecasts as hiring levels off

British workers' pay excluding bonuses picked up faster than expected during the three months to July to a rate that has not been beaten in three years, as businesses found it harder to hire staff, official figures showed on Tuesday.
Published 12 Sep, 2018 12:00am
BoE chief Carney extends post-Brexit stay

BoE chief Carney extends post-Brexit stay

Mark Carney will remain Bank of England chief until January 2020 to steer the UK economy through possibly "quite a turbulent period" post-Brexit, finance minister Philip Hammond announced Tuesday.
Published 12 Sep, 2018 12:00am
McDonald's buns maker Aryzta strikes deal with banks

McDonald's buns maker Aryzta strikes deal with banks

One of the world's largest bakery companies, Aryzta, has agreed an underwriting deal with five banks, setting the stage for raising 800 million euros ($928.48 million) in new capital to strengthen its balance sheet.
Published 12 Sep, 2018 12:00am
Trade tensions, sterling weigh on FTSE
Currency

Trade tensions, sterling weigh on FTSE

Shares in Britain's dollar-earning multinationals edged down on Tuesday amid rising tensions between Washington and Beijing, while Ashtead rose on results. The FTSE 100 ended 0.1 percent lower. The index, dominated by exporters, tends to suffer from a str
Published 12 Sep, 2018 12:00am
Most Southeast Asian stocks fall
Currency

Most Southeast Asian stocks fall

Most Southeast Asian stock markets ended lower on Tuesday, with Singapore hitting a one-and-a-half year low and Philippines extending losses to a fifth session amid fears of further escalation in the US-Sino trade war. Singapore stocks fell 0.4 percent, m
Published 12 Sep, 2018 12:00am
Australian, NZ shares up

Australian, NZ shares up

Australian shares advanced on Tuesday, putting an end to eight consecutive days of losses as investors bought into beaten-down banks and as energy stocks firmed on higher oil prices. The S&P/ASX 200 index rose 0.6 percent or 38 points to 6,179.7 at the cl
Published 12 Sep, 2018 12:00am
European stocks down

European stocks down

A recovery in European shares stalled on Tuesday as a trade dispute between Washington and Beijing weighed on the market and investors seized on China's demand for sanctions from the World Trade Organisation as a reason to take the market lower. The STOXX
Published 12 Sep, 2018 12:00am
China shares hit 31-month low

China shares hit 31-month low

China's Shanghai Composite index shed early gains to end at its weakest close in 31 months on Tuesday as investors took a cautious stance awaiting developments in international trade disputes. At the close, the Shanghai Composite index was down 4.69 point
Published 12 Sep, 2018 12:00am
Sri Lankan shares flat

Sri Lankan shares flat

Sri Lankan shares closed flat on Tuesday, near a more than one-week closing low, with beverage and manufacturing shares witnessing mild selling, a day after fuel prices were hiked for the third time in four months. Sri Lankan fuel retailers raised gasolin
Published 12 Sep, 2018 12:00am
US bond yields steady

US bond yields steady

US government bond yields were steady on Monday at levels reached on Friday, as investors resisted making big trades ahead of Treasury auctions this week, the release of August consumer price index data and a meeting of the European Central Bank. On Wedne
Published 12 Sep, 2018 12:00am
US bond yields steady

US bond yields steady

US government bond yields were steady on Monday at levels reached on Friday, as investors resisted making big trades ahead of Treasury auctions this week, the release of August consumer price index data and a meeting of the European Central Bank. On Wedne
Published 12 Sep, 2018 12:00am
Indian shares slip

Indian shares slip

Indian shares fell more than 1 percent for a second straight session on Tuesday, as markets globally braced for a potential escalation in the Sino-US trade dispute, while the rupee continued its downward spiral touching a fresh life-low. China will ask th
Published 12 Sep, 2018 12:00am
S&P, Nasdaq edge higher but Apple drags

S&P, Nasdaq edge higher but Apple drags

US stocks mostly edged higher on Monday, with the S&P 500 and Nasdaq rebounding to snap a four-day losing streak, although a drop in Apple kept gains in check. The Dow fell, with Travelers down 1.9 percent. Hurricane Florence is expected to be an extremel
Published 12 Sep, 2018 12:00am
Tuesday's early afternoon trade: Tech, energy stocks lift Wall Street

Tuesday's early afternoon trade: Tech, energy stocks lift Wall Street

US stocks powered higher on Tuesday, shaking off a subdued start, as Apple led a jump in technology stocks and a rise in oil prices lifted energy companies. Apple rose 2.4 percent, boosting the three major indexes, a day ahead of an highly anticipated eve
Published 12 Sep, 2018 12:00am
Japan stocks rise

Japan stocks rise

Japanese stocks had their best day in four weeks on Tuesday, with exporters lifted by the yen's weakening against the dollar and technology shares boosted by gains for Wall Street counterparts. The Nikkei share average ended the day 1.3 percent higher at
Published 12 Sep, 2018 12:00am
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