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Print - 2018-12-09
India's 2019 wheat output could fall from record on scanty rains

India's 2019 wheat output could fall from record on scanty rains

India's wheat production could fall in 2019 from record output this year as lower moisture levels and higher temperatures in key growing regions are threatening yields of the winter-sown crop, farmers and analysts told Reuters.
Published 09 Dec, 2018 12:00am
Russia's winter grain sowings in worse condition

Russia's winter grain sowings in worse condition

Russia's winter grain sowings are in a worse condition than at the same time a year ago and compared with the average for the last five years, an official at the Hydrometcentre weather forecasting service said on Tuesday. Russia and Ukraine, major global
Published 09 Dec, 2018 12:00am
Colombia could increase coffee crop

Colombia could increase coffee crop

Colombia could produce 17 million 60-kg bags of washed arabica coffee per year by 2024 if it expands its tree renovation plan, the agriculture minister said on Thursday. Tree replacements would need to increase to 100,000 hectares (247,000 acres) annually
Published 09 Dec, 2018 12:00am
Brazil cotton exports to China to jump
Cotton

Brazil cotton exports to China to jump

Brazil exports of cotton from China and other Asian countries are expected to rise for the 2018/19 marketing year, partially stemming from US-Sino trade tensions, the US Department of Agriculture (USDA) said in a report published on Thursday.
Published 09 Dec, 2018 12:00am
Argentina clinches China soyaoil export deal

Argentina clinches China soyaoil export deal

China will ramp up imports of Argentine soyaoil after Argentina begins harvesting its next soya crop in March, a government official told Reuters, but talks toward reaching a deal to sell soyameal livestock feed to China have fizzled.
Published 09 Dec, 2018 12:00am
European gasoline cracks slip into negative

European gasoline cracks slip into negative

Gasoline crack slipped back into negative territory on Thursday after a rise in US inventories and amid a sharp sell-off in oil futures. ARA gasoline stocks declined slightly in the week to Thursday to 968,000 tonne as exports to West Africa rose, accordi
Published 09 Dec, 2018 12:00am
Cotton prices firmer on fresh buying by mills
Cotton

Cotton prices firmer on fresh buying by mills

Prices showed firm trend on the cotton market on Saturday as buyers indulge in fresh deals, dealers said. The official spot rate was unchanged at Rs 8,800, they added. Prices of seed cotton in Sindh improved slightly at Rs 3000-4000, in the Punjab seed co
Published 09 Dec, 2018 12:00am
CBOT wheat eases on weak export demand

CBOT wheat eases on weak export demand

Chicago Board of Trade (CBOT) wheat futures eased on Thursday on concerns about weak export demand as cheap supplies from rival Black Sea region suppliers continue to undercut demand for US shipments, traders said. CBOT benchmark March soft red winter whe
Published 09 Dec, 2018 12:00am
Canada's 2018 canola crop below expectations

Canada's 2018 canola crop below expectations

Canadian farmers will harvest less canola and more wheat than expected, a Statistics Canada report showed on Thursday. The government estimated Canada's 2018 canola crop at 20.343 million tonnes, down from 21.3 million in 2017 and below an average of trad
Published 09 Dec, 2018 12:00am
Uber filed paperwork for IPO

Uber filed paperwork for IPO

Ride-share company Uber quietly filed paperwork this week for its initial public offering, the Wall Street Journal reported late Friday. The move comes one day after rival Lyft launched the process to take the company public with a stock offering. The Jou
Published 09 Dec, 2018 12:00am
Uber filed paperwork for IPO

Uber filed paperwork for IPO

Ride-share company Uber quietly filed paperwork this week for its initial public offering, the Wall Street Journal reported late Friday. The move comes one day after rival Lyft launched the process to take the company public with a stock offering. The Jou
Published 09 Dec, 2018 12:00am
US fund investors pull most cash in six weeks from stocks
Mutual Funds

US fund investors pull most cash in six weeks from stocks

US fund investors ignored ostensibly positive signals on trade and monetary policy during the latest week, pulling the most cash from stocks in six weeks, according to Investment Company Institute (ICI) data on Wednesday. Nearly $6.4 billion tumbled out o
Published 09 Dec, 2018 12:00am
US fund investors pull most cash in six weeks from stocks
Mutual Funds

US fund investors pull most cash in six weeks from stocks

US fund investors ignored ostensibly positive signals on trade and monetary policy during the latest week, pulling the most cash from stocks in six weeks, according to Investment Company Institute (ICI) data on Wednesday. Nearly $6.4 billion tumbled out o
Published 09 Dec, 2018 12:00am
China's WuXi AppTec raises $1bn in HK listing

China's WuXi AppTec raises $1bn in HK listing

Chinese medical tech platform WuXi AppTec raised $1.01 billion in its Hong Kong listing, sources said, valuing the company at $10.2 billion in a deal that marks one of this year's last big stock offerings in the Asian financial hub. Shanghai-listed WuXi A
Published 09 Dec, 2018 12:00am
Foreigners turned net buyers of Japanese stocks

Foreigners turned net buyers of Japanese stocks

Foreigners were net buyers of Japanese stocks for the first time in three weeks in the week ended Nov. 30, on optimism ahead of the meeting between US President Donald Trump and Chinese President Xi Jingping at the G20 summit in Argentina. Overseas invest
Published 09 Dec, 2018 12:00am
Wall Street tumbles, indexes post biggest weekly losses since March

Wall Street tumbles, indexes post biggest weekly losses since March

Wall Street's main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage drops since March as concerns over US-China trade tensions and interest rat
Published 09 Dec, 2018 12:00am
Egypt to end dollar-guarantee mechanism
Currency

Egypt to end dollar-guarantee mechanism

Egypt's central bank said on Wednesday it will end on Dec. 4 the use of a mechanism guaranteeing that foreign investors wanting to sell out of Egyptian securities could pull out their money in dollars, in a move to loosen its grip on investment flows. Egy
Published 09 Dec, 2018 12:00am
Canadian dollar jumps
Currency

Canadian dollar jumps

The Canadian dollar strengthened against its US counterpart on Friday after domestic data showing a record increase in jobs caught the foreign exchange market by surprise, pressuring investors who had been short the loonie. The Canadian economy added 94,1
Published 09 Dec, 2018 12:00am
Sterling's fate hangs on Brexit, UK growth to be weak

Sterling's fate hangs on Brexit, UK growth to be weak

Sterling's near-term fate hangs on whether British Prime Minister Theresa May manages to get her Brexit withdrawal deal through Parliament, according to Reuters polls that also found economic growth will be weak. May faces deep opposition in parliament ah
Published 09 Dec, 2018 12:00am
Dollar falls as jobs report disappoints

Dollar falls as jobs report disappoints

The dollar fell against the euro on Friday, after data showed US employers hired fewer workers than forecast in November, raising worries that US growth is moderating and the Federal Reserve may stop raising rates sooner than previously thought. Nonfarm p
Published 09 Dec, 2018 12:00am
Facebook adds $9 billion to share buyback effort

Facebook adds $9 billion to share buyback effort

Facebook said Friday it would add $9 billion to its stock buyback program, which could scoop up shares pummeled over the past few months by privacy scandals and a slump on Wall Street. In a regulatory filing, the leading social network said it added to a
Published 09 Dec, 2018 12:00am
Niger shuts Airtel telecom offices over unpaid taxes

Niger shuts Airtel telecom offices over unpaid taxes

Niger on Saturday ordered the closure of the offices of the country's biggest telecoms operator Airtel, a subsidiary of India's Bharti Airtel group, for unpaid taxes of 107 million dollars. Airtel has been present in Niger since 2001 and holds a 51 percen
Published 09 Dec, 2018 12:00am
Hungarian workers protest over 'slavery' law

Hungarian workers protest over 'slavery' law

Thousands of Hungarian workers demonstrated in Budapest on Saturday against a change to the labour code proposed by Prime Minister Viktor Orban's ruling party that critics have dubbed a 'slavery law'. Tabled by lawmakers from Orban's right-wing Fidesz par
Published 09 Dec, 2018 12:00am
Top glovemaker under fire over migrant workers' rights

Top glovemaker under fire over migrant workers' rights

Malaysian labour rights groups have called for an investigation into the world's largest glovemaker, Top Glove, after cases were uncovered of migrant workers toiling for long hours and working illegal overtime to pay off huge debts.
Published 09 Dec, 2018 12:00am
Former Colombian president dies

Former Colombian president dies

Former Colombian president Belisario Betancur, who steered his country through one of its most turbulent periods in the 1980s, died Friday aged 95, doctors announced. President Ivan Duque led tributes for the former conservative leader, who was president
Published 09 Dec, 2018 12:00am
Peru calls on region to sever ties with Venezuela

Peru calls on region to sever ties with Venezuela

Peru said Friday it will urge the so-called "Lima Group" of countries to cut diplomatic ties with Venezuela and issue travel bans against all top officials in President Nicolas Maduro's government. The 14-member regional group refuses to recognize Venezue
Published 09 Dec, 2018 12:00am
Socialists pick Dutchman Timmermans for tilt at top EU job

Socialists pick Dutchman Timmermans for tilt at top EU job

Europe's socialist parties on Saturday chose Dutch politician Frans Timmermans to lead them in May elections and to succeed his boss Jean-Claude Juncker as head of the European Commission. Delegates voted in Timmermans, currently first vice president of t
Published 09 Dec, 2018 12:00am
Thousands rally against Italy-France high speed train link

Thousands rally against Italy-France high speed train link

Tens of thousands rallied Saturday in Turin to protest against a high speed train project to the French city of Lyon, fiercely opposed by environmentalists, as a waste of public funds. The scheme involves construction of a 57.5 kilometre (35.7 mile) tunne
Published 09 Dec, 2018 12:00am
Trump chooses new Joint Chiefs of Staff chairman

Trump chooses new Joint Chiefs of Staff chairman

US President Donald Trump on Saturday announced he was nominating Army chief of staff General Mark Milley as his next top military advisor - a new slap in the face for Pentagon chief Jim Mattis. Milley, a four-star general who has served in Iraq and Afgha
Published 09 Dec, 2018 12:00am
Trump attacks Paris climate agreement, cites France protests

Trump attacks Paris climate agreement, cites France protests

US President Donald Trump on Saturday once again attacked the Paris agreement on fighting climate change, citing the ongoing protests in the French capital as proof that he was right to reject the pact. His morning tweet came in the middle of UN climate t
Published 09 Dec, 2018 12:00am
UK cabinet minister floats 'Plan B' before key vote

UK cabinet minister floats 'Plan B' before key vote

A close ally of British Prime Minister Theresa May on Saturday became the first cabinet minister to float a possible Plan B if, as expected, parliament next week rejects her proposal to leave the European Union. With her own future in the balance, May ins
Published 09 Dec, 2018 12:00am
Muslims rally to defend privileges in multi-ethnic Malaysia

Muslims rally to defend privileges in multi-ethnic Malaysia

Tens of thousands of banner-waving Muslims rallied in the Malaysian capital Saturday to defend their long-cherished privileges, at a time of growing racial tensions in the multi-ethnic country. About 55,000 people dressed in white flooded a historic squar
Published 09 Dec, 2018 12:00am
Six dead, dozens hurt in Italy nightclub stampede

Six dead, dozens hurt in Italy nightclub stampede

Six people, including five teenagers, died and 120 were injured in a stampede when panic broke out during a rap concert at a packed Italian nightclub early Saturday. The suspected use of a pepper spray-like substance is thought to have sparked the chaos a
Published 09 Dec, 2018 12:00am
Essential kitchen items witness falling prices

Essential kitchen items witness falling prices

Prices of essential kitchen items witnessed a reduction during this week past as compared to the preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, prices of mos
Published 09 Dec, 2018 12:00am
Food authorities urged to frame standardised laws

Food authorities urged to frame standardised laws

Ministry of Law and Justice has directed the federal and provincial food authorities to harmonise food standards across Pakistan, formulate standards for registration and licensing of manufacturers/trading houses of food products, ensure conformity assess
Published 09 Dec, 2018 12:00am
Government urged to take steps to revive cotton production
Cotton

Government urged to take steps to revive cotton production

A meeting of members of the Karachi Cotton Brokers' Forum (KCBF) and Brokers Advisory Committee (BAC) was held on Thursday at the Karachi Cotton Exchange Building Brokers room. According to a press release, the meeting was chaired by Chairman Naseem Usman
Published 09 Dec, 2018 12:00am
KP CM takes notice of illegal recruitments in BoIT

KP CM takes notice of illegal recruitments in BoIT

Khyber Pakhtunkhwa Chief Minister Mahmood Khan has taken notice of the alleged illegal recruitments in the KP Board of Investment (KP-BoIT) and has directed presentation of detailed inquiry report within a period of three-day to him. Mahmood Khan has said
Published 09 Dec, 2018 12:00am
Pakistan Navy celebrates Gwadar Day

Pakistan Navy celebrates Gwadar Day

Pakistan Navy celebrated 60th Gwadar Day with zeal and fervor. Various ceremonies were held in Gwadar under the auspices of Pakistan Navy to celebrate the day and to rejuvenate the spirit of nationalism amongst the local populace. The main ceremony of the
Published 09 Dec, 2018 12:00am
BRT project: SCCI seeks tax exemption for three years

BRT project: SCCI seeks tax exemption for three years

The executive committee of Sarhad Chamber of Commerce and Industry (SCCI) has demanded of the Khyber Paktunkhwa government to exempt traders affected by ongoing Bus Rapid Transit (BRT) Project from all provincial taxes for next three years. The demand was
Published 09 Dec, 2018 12:00am
FCCI slams gas bills with enhanced commercial rates

FCCI slams gas bills with enhanced commercial rates

Faisalabad Chamber of Commerce & Industry (FCCI) has expressed deep concern over the gas bills issued for the second time with enhanced commercial rates of Rs 1787/MMBTU instead of adjusting the payment of last bills allowed by the government for the zero
Published 09 Dec, 2018 12:00am
Railways weekly earning jumps to Rs 450 million: minister

Railways weekly earning jumps to Rs 450 million: minister

Federal Minister for Pakistan Railways Sheikh Rasheed Ahmed has said that Railways earned Rs 260 million last week while this week it reached Rs 450 million. While addressing a press conference here at the Railways Headquarters, the Minister said that peo
Published 09 Dec, 2018 12:00am
LDA City Housing scam: slow pace of investigation irks CJP

LDA City Housing scam: slow pace of investigation irks CJP

The Chief Justice of Pakistan on Saturday sought a complete record from the NAB by December 15 showing how many suspects in the cases were on bail, arrested or absconders along with progress in investigations. Chief Justice expressed serious dismay over t
Published 09 Dec, 2018 12:00am
PPMA threatens to raise drugs prices by 40 percent
Currency

PPMA threatens to raise drugs prices by 40 percent

Pakistan Pharmaceutical Manufacturers' Association (PPMA) has warned to increase prices of medicines manufactured in the country by 40 percent in a month, if the government takes no relief measure to support the local drugs' producers in view of massive r
Published 09 Dec, 2018 12:00am
Land grabbing: CJP disposes of expatriate's application

Land grabbing: CJP disposes of expatriate's application

Chief Justice of Pakistan disposed of application of an overseas Pakistani Mahmood Ashraf as district administration has recovered his land from Mansha alias Bam and advised him to approach the civil court for its possession. Earlier, Lahore Deputy Commis
Published 09 Dec, 2018 12:00am
Leaking gas claims lives of FO official & her spouse

Leaking gas claims lives of FO official & her spouse

Syeda Fatimee, Assistant Director Foreign Office, and her husband Syed Shoaib Hassan died in Hunza due to gas leakage at a local hotel room on late Friday. Foreign Minister Shah Mehmood Qureshi and Foreign Secretary Tehmina Janjua expressed grief over the
Published 09 Dec, 2018 12:00am
AMTF for initiating drive against thalassaemia

AMTF for initiating drive against thalassaemia

Executive Director of Afzaal Memorial Thalassemia Foundation (AMTF), Ateeq-ur-Rehman has urged governor Imran Ismail and Chief Minister Murad Ali Shah to allocate handsome funds for initiating thalassemia awareness drives and eventually overcoming the thr
Published 09 Dec, 2018 12:00am
Fawad's brother appointed AAG Punjab

Fawad's brother appointed AAG Punjab

Information Minister Fawad Chaudhry's brother, Chaudhry Faisal Hussain Farid, was appointed additional advocate general Punjab on Saturday. A notification issued in this regard stated that 18 people have been appointed as additional advocate general Punja
Published 09 Dec, 2018 12:00am
CJP summons Dr Yasmin over delay in purchasing ventilators

CJP summons Dr Yasmin over delay in purchasing ventilators

Chief Justice of Pakistan Mian Saqib Nisar on Saturday summoned Punjab Health Minister Dr Yasmin Rashid and others in the matter relating to delay in purchase of ventilators for hospitals. The Chief Justice also directed special health secretary, "Ask you
Published 09 Dec, 2018 12:00am
Scattered rains forecast for most parts of country

Scattered rains forecast for most parts of country

The Met Office (MO) on Saturday forecast a cloudy weather with scattered rains and thunderstorm and snowfall for the most parts of the country in the next 24 hours. Karachi along with Quetta, Zhob, Makran, Kalat, DI Khan, Bannu, Kohat, Malakand, Hazara, P
Published 09 Dec, 2018 12:00am
Railways land leased for different fuel stations across country

Railways land leased for different fuel stations across country

Pakistan Railways has leased out its land at 33 locations for fuel stations across the country which will generate total revenue of around Rs 11.287 billion during the lease period. According to the official documents, the land has been leased to differen
Published 09 Dec, 2018 12:00am
PBC moves SC for suspension of law minister's membership

PBC moves SC for suspension of law minister's membership

Pakistan Bar Council has moved the apex court for suspension of PBC membership of Federal Minister for Law and Justice Dr Faroogh Naseem. The PBC on Saturday filed a constitutional petition under Article 184(3) of the Constitution and made Federal Ministe
Published 09 Dec, 2018 12:00am
Durrani resigned due to ill health: Buzdar

Durrani resigned due to ill health: Buzdar

Punjab Chief Minister Usman Buzdar said on Saturday that Pakistan Tehreek-e-Insaf (PTI) government has done so much work in their first 100 days that they could set a record. Responding to a question, Buzdar said: "The Police Reforms Commission is working
Published 09 Dec, 2018 12:00am
Shahbaz undergoes checkup at Kot Lakhpat Jail

Shahbaz undergoes checkup at Kot Lakhpat Jail

Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader in the National Assembly (NA) Shahbaz Sharif underwent a medical checkup at Kot Lakhpat Jail on Saturday. The sources claimed that a medical board conducted blood pressure, sugar and oth
Published 09 Dec, 2018 12:00am
Kaira demands JIT to trace Aleema Khan's money trail

Kaira demands JIT to trace Aleema Khan's money trail

Pakistan People's Party (PPP) Punjab President Qamar Zaman Kaira has demanded constitution of a joint investigation team (JIT) to locate money trail of Aleema Khan, sister of Prime Minister Imran Khan. Addressing a press conference at the provincial secre
Published 09 Dec, 2018 12:00am
No twitter account of CJP, SC clarifies

No twitter account of CJP, SC clarifies

The Supreme Court on Saturday clarified that Chief Justice Mian Saqib Nisar is neither using any Twitter account/page nor any other ID on any other social networking websites. A fake Twitter account with the name of Mian Saqib Nisar, Chief Justice of Paki
Published 09 Dec, 2018 12:00am
Over 21 crime cases reported in capital

Over 21 crime cases reported in capital

The incidents of theft, house robbery, snatching at gunpoint and motor vehicle theft showed a significant surge in city during the last week as over 21 cases of various kinds of theft and 17 cases of car lifting were reported to various police stations of
Published 09 Dec, 2018 12:00am
Reforms in Punjab police hard to find so far

Reforms in Punjab police hard to find so far

Efforts to transform the Punjab police on the same lines as the Khyber Pakhtunkhwa (KP) police which Pakistan Tehreek-e-Insaf (PTI) believes led to its victory in 2018 polls in the province, have proved elusive so far. Informed sources told Business Re
Published 09 Dec, 2018 12:00am
QWP condemns attack on Nusrat Javed

QWP condemns attack on Nusrat Javed

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Saturday condemned the attack on senior analyst Nusrat Javed and demanded the government to provide protection to the members of the journalist community. In a statement, he expressed concern ov
Published 09 Dec, 2018 12:00am
PM to visit Peshawar next week: KP CM

PM to visit Peshawar next week: KP CM

KP Chief Minister Mahmood Khan has said that Prime Minister Imran Khan will visit Peshawar next week. The Prime Minister besides, formally inaugurating shelter home will also be given detailed briefing on 100-day plan and hold meeting with the provincial
Published 09 Dec, 2018 12:00am
LHC circuit benches: senior lawyers oppose violent protests

LHC circuit benches: senior lawyers oppose violent protests

Senior advocates support the demand to establish Lahore High Court circuit benches in Faisalabad, Gujranwala, Sargodha, Dera Ghazi Khan and Sahiwal but reject violent protests. Lahore High Court, Rawalpindi bench's former president Sheikh Ahsanuddin while
Published 09 Dec, 2018 12:00am
PM's interview

PM's interview

This is apropos a Business Recorder news item "Pakistan will no longer fight someone else's war: PM" carried by the newspaper yesterday. According to it, Prime Minister Imran Khan has dismissed the notion that he was involved in a Twitter war with
Published 09 Dec, 2018 12:00am
Papua massacre shines light on forgotten conflict

Papua massacre shines light on forgotten conflict

The recent massacre of civilian workers by separatist rebels in Indonesia's restive Papua province has cast a spotlight on one of the world's longest-running insurgencies, with no end to the bloody conflict in sight. The killings are a marked escalation f
Published 09 Dec, 2018 12:00am
Brexit stockpiling bears little fruit for wholesaler

Brexit stockpiling bears little fruit for wholesaler

Fresh fruit and vegetable entrepreneur Franco Fubini knows all about the importance of goods arriving on time, as Brexit threatens to delay delivery of produce into and out of Britain. Preparing for possible transit chaos at the border following Britain's
Published 09 Dec, 2018 12:00am
US Fed on quest for unicorn of monetary policy

US Fed on quest for unicorn of monetary policy

The US central bank is on a quest for a mythical goal: keeping steady economic growth without allowing inflation to catch fire. This so-called soft-landing is the unicorn of central banking, rarely if ever seen. The Federal Reserve's job might seem simple
Published 09 Dec, 2018 12:00am
Furnace oil consumption

Furnace oil consumption

All of Pakistan's refineries could be forced to shut down if the problems related to the slow off-take of furnace fuel oil are not resolved on an urgent basis. The government's increasing focus on using gas for power production has pushed Pakistan's oil r
Published 09 Dec, 2018 12:00am
Suhai the brave daughter of Pakistan

Suhai the brave daughter of Pakistan

The raw courage demonstrated by a young female police officer frustrated the terrorist attack on the Chinese consulate in Karachi last week. If actualized, it would have put Pakistan's highest socio-economic and strategic stake at serious risk. That lady
Published 09 Dec, 2018 12:00am
Chohan's campaign to suffocate the arts

Chohan's campaign to suffocate the arts

Punjab Information Minister Fayyaz-ul-Hassan Chohan has come to view is additional charge of culture as a licence to act as one-man vice and virtue squad. The other day, he ordered dissolution of the governing body of the Alhamra Arts Council in Lahore. I
Published 09 Dec, 2018 12:00am
PLA unit to participate in joint military exercise

PLA unit to participate in joint military exercise

A special forces' contingent of People Liberation Army, China, arrived here Saturday to participate in Pak-China joint military exercise 'Warrior -VI 2018'. Troops of Special Service Group from both armies will participate in three weeks long exercise. Fo
Published 09 Dec, 2018 12:00am
PLA unit to participate in joint military exercise

PLA unit to participate in joint military exercise

A special forces' contingent of People Liberation Army, China, arrived here Saturday to participate in Pak-China joint military exercise 'Warrior -VI 2018'. Troops of Special Service Group from both armies will participate in three weeks long exercise. Fo
Published 09 Dec, 2018 12:00am
Sheikh Rashid next information minister?

Sheikh Rashid next information minister?

Flamboyant Information Minister Fawad Chaudhry on Saturday strongly reacted to Railways minister Sheikh Rashid's claim, saying only the Prime Minister can decide who is best suited for the job of information minister.
Published 09 Dec, 2018 12:00am
Sheikh Rashid next information minister?

Sheikh Rashid next information minister?

Flamboyant Information Minister Fawad Chaudhry on Saturday strongly reacted to Railways minister Sheikh Rashid's claim, saying only the Prime Minister can decide who is best suited for the job of information minister.
Published 09 Dec, 2018 12:00am
13 killed

13 killed

Thirteen people were killed in Poonch on Saturday when a passenger bus fell 70 metres (230 feet) down a gorge in, police said. The accident occurred as the bus carrying 26 passengers was negotiating a sharp turn on a narrow road in the mountains of Poonch
Published 09 Dec, 2018 12:00am
13 killed

13 killed

Thirteen people were killed in Poonch on Saturday when a passenger bus fell 70 metres (230 feet) down a gorge in, police said. The accident occurred as the bus carrying 26 passengers was negotiating a sharp turn on a narrow road in the mountains of Poonch
Published 09 Dec, 2018 12:00am
Ministry disputes APNS-PBA claims

Ministry disputes APNS-PBA claims

The Federal Secretary Information and Broadcasting Shafqat Jalil met Sarmad Ali, General Secretary All Pakistan Newspapers Society here yesterday and conveyed his concern over a statement issued by the All Pakistan Newspapers Society (APNS) and Pakistan B
Published 09 Dec, 2018 12:00am
Ministry disputes APNS-PBA claims

Ministry disputes APNS-PBA claims

The Federal Secretary Information and Broadcasting Shafqat Jalil met Sarmad Ali, General Secretary All Pakistan Newspapers Society here yesterday and conveyed his concern over a statement issued by the All Pakistan Newspapers Society (APNS) and Pakistan B
Published 09 Dec, 2018 12:00am
Pakistan stands ready to host Saarc summit: Tehmina

Pakistan stands ready to host Saarc summit: Tehmina

In an apparent move to lodge protest over inviting a minister of Azad Jammu and Kashmir government, an Indian diplomat on Saturday quietly walked out of the 34th Saarc Charter Day event after the minister was called to deliver a speech. Shubham Singh, Com
Published 09 Dec, 2018 12:00am
Pakistan stands ready to host Saarc summit: Tehmina

Pakistan stands ready to host Saarc summit: Tehmina

In an apparent move to lodge protest over inviting a minister of Azad Jammu and Kashmir government, an Indian diplomat on Saturday quietly walked out of the 34th Saarc Charter Day event after the minister was called to deliver a speech. Shubham Singh, Com
Published 09 Dec, 2018 12:00am
Ali Jahangir Siddiqui granted two-week extension

Ali Jahangir Siddiqui granted two-week extension

Almost all non-career diplomats appointed by the previous Pakistan Muslim League-Nawaz (PML-N) government on political grounds in various foreign missions, have resigned except Pakistan's ambassador in Washington. As the deadline of December 7 given to al
Published 09 Dec, 2018 12:00am
Ali Jahangir Siddiqui granted two-week extension

Ali Jahangir Siddiqui granted two-week extension

Almost all non-career diplomats appointed by the previous Pakistan Muslim League-Nawaz (PML-N) government on political grounds in various foreign missions, have resigned except Pakistan's ambassador in Washington. As the deadline of December 7 given to al
Published 09 Dec, 2018 12:00am
PM briefed about water situation

PM briefed about water situation

Prime Minister Imran Khan has said that his government's resolve is to construct water dams and improve water management in the country. The prime minister stated this while talking to water ministry representatives on Saturday. During the meeting, Minist
Published 09 Dec, 2018 12:00am
PM briefed about water situation

PM briefed about water situation

Prime Minister Imran Khan has said that his government's resolve is to construct water dams and improve water management in the country. The prime minister stated this while talking to water ministry representatives on Saturday. During the meeting, Minist
Published 09 Dec, 2018 12:00am
Pakistan knocked India down with Kartarpur initiative: Indian media

Pakistan knocked India down with Kartarpur initiative: Indian media

The initiative of Pakistan to open Kartarpur border knocked India down on the diplomatic front, a fact that Indian media has also acknowledged lately. According to details, the Indian media outlets grilled Prime Minister Narendra Modi for not reciprocatin
Published 09 Dec, 2018 12:00am
Pakistan knocked India down with Kartarpur initiative: Indian media

Pakistan knocked India down with Kartarpur initiative: Indian media

The initiative of Pakistan to open Kartarpur border knocked India down on the diplomatic front, a fact that Indian media has also acknowledged lately. According to details, the Indian media outlets grilled Prime Minister Narendra Modi for not reciprocatin
Published 09 Dec, 2018 12:00am
Niazi, others convicted in NICL scam case

Niazi, others convicted in NICL scam case

An accountability court on Saturday announced its verdict in the National Insurance Corporation Limited (NICL) mega land scam case and sentenced six, including former chairman Ayaz Khan Niazi, to seven years each in prison. The accountability court in Kar
Published 09 Dec, 2018 12:00am
Niazi, others convicted in NICL scam case

Niazi, others convicted in NICL scam case

An accountability court on Saturday announced its verdict in the National Insurance Corporation Limited (NICL) mega land scam case and sentenced six, including former chairman Ayaz Khan Niazi, to seven years each in prison. The accountability court in Kar
Published 09 Dec, 2018 12:00am
China''s surplus with the US hits new record in November

China''s surplus with the US hits new record in November

China''s trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs while imports shrank. Relations between the world''s t
Published 09 Dec, 2018 12:00am
China's surplus with the US hits new record in November

China's surplus with the US hits new record in November

China's trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs while imports shrank. Relations between the world's top
Published 09 Dec, 2018 12:00am
China's surplus with the US hits new record in November

China's surplus with the US hits new record in November

China's trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs while imports shrank. Relations between the world's top
Published 09 Dec, 2018 12:00am
Huawei exec faces US fraud charges linked to Iran

Huawei exec faces US fraud charges linked to Iran

China on Saturday summoned the Canadian ambassador over the "unconscionable and vile" detention of telecom giant Huawei''s chief financial officer in Vancouver, state media reported, in Beijing''s latest angry response to the hot-button case. Meng Wanzhou
Published 09 Dec, 2018 12:00am
Huawei exec faces US fraud charges linked to Iran

Huawei exec faces US fraud charges linked to Iran

China on Saturday summoned the Canadian ambassador over the "unconscionable and vile" detention of telecom giant Huawei's chief financial officer in Vancouver, state media reported, in Beijing's latest angry response to the hot-button case. Meng Wanzhou h
Published 09 Dec, 2018 12:00am
Huawei exec faces US fraud charges linked to Iran

Huawei exec faces US fraud charges linked to Iran

China on Saturday summoned the Canadian ambassador over the "unconscionable and vile" detention of telecom giant Huawei's chief financial officer in Vancouver, state media reported, in Beijing's latest angry response to the hot-button case. Meng Wanzhou h
Published 09 Dec, 2018 12:00am
Trump denies collusion after major revelations in Russia probe

Trump denies collusion after major revelations in Russia probe

US President Donald Trump on Saturday again denied that his presidential campaign colluded with Russian operatives, but made no comment on claims that he directly organized hush payments to ward off a possible sex scandal during his White House run. Trump
Published 09 Dec, 2018 12:00am
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