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Print - 2018-12-13
Transit remand of Shahbaz extended

Transit remand of Shahbaz extended

An accountability court extended transit remand of Opposition Leader in National Assembly Shahbaz Sharif till completion of the sessions of the assembly. Superintendent of central jail Kot Lakhpat had approached the court for extension of the transit rema
Published 13 Dec, 2018 12:00am
FY19 Budget, FBR reforms: Maiden meeting of Tax Policy Board put off

FY19 Budget, FBR reforms: Maiden meeting of Tax Policy Board put off

The maiden meeting of the Tax Policy Board (TPB) summoned by Finance Minister Asad Umer to start policy discussion on proposed reforms agenda of the FBR and timeline and broad strategy for the next budget 2018-19 was postponed at the eleventh hour. Source
Published 13 Dec, 2018 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

Firm trend was witnessed on the money market on Wednesday as the rupee managed to gain modest ground against the dollar in the process of trading activity, dealers said. The rupee shed two paisas in relation to the dollar for buying and selling at Rs 138.
Published 13 Dec, 2018 12:00am
FY19 Budget, FBR reforms: Maiden meeting of Tax Policy Board put off

FY19 Budget, FBR reforms: Maiden meeting of Tax Policy Board put off

The maiden meeting of the Tax Policy Board (TPB) summoned by Finance Minister Asad Umer to start policy discussion on proposed reforms agenda of the FBR and timeline and broad strategy for the next budget 2018-19 was postponed at the eleventh hour. Source
Published 13 Dec, 2018 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

Firm trend was witnessed on the money market on Wednesday as the rupee managed to gain modest ground against the dollar in the process of trading activity, dealers said. The rupee shed two paisas in relation to the dollar for buying and selling at Rs 138.
Published 13 Dec, 2018 12:00am
ECC asks ministry to offload urea shipments

ECC asks ministry to offload urea shipments

The Econ-omic Coordination Committee (ECC) of the Cabinet has directed the Ministry of Industries to offload shipments of imported urea immediately and start its supply to the market for easing the difficulties of farmers. A meeting of the ECC presided ov
Published 13 Dec, 2018 12:00am
ECC asks ministry to offload urea shipments

ECC asks ministry to offload urea shipments

The Econ-omic Coordination Committee (ECC) of the Cabinet has directed the Ministry of Industries to offload shipments of imported urea immediately and start its supply to the market for easing the difficulties of farmers. A meeting of the ECC presided ov
Published 13 Dec, 2018 12:00am
ECC asks ministry to offload urea shipments

ECC asks ministry to offload urea shipments

The Econ-omic Coordination Committee (ECC) of the Cabinet has directed the Ministry of Industries to offload shipments of imported urea immediately and start its supply to the market for easing the difficulties of farmers. A meeting of the ECC presided ov
Published 13 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
BRIndex100 sheds more weight

BRIndex100 sheds more weight

A bearish trend continued on Pakistan Stock Exchange on the second consecutive day due to selling in various stocks. BRIndex100 lost 62.6 points or 1.52 percent to close at 4,045.38 points on Wednesday. BRIndex100 touched intraday high of 4,105.62 and int
Published 13 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
BRIndex100 sheds more weight

BRIndex100 sheds more weight

A bearish trend continued on Pakistan Stock Exchange on the second consecutive day due to selling in various stocks. BRIndex100 lost 62.6 points or 1.52 percent to close at 4,045.38 points on Wednesday. BRIndex100 touched intraday high of 4,105.62 and int
Published 13 Dec, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
BRIndex100 sheds more weight

BRIndex100 sheds more weight

A bearish trend continued on Pakistan Stock Exchange on the second consecutive day due to selling in various stocks. BRIndex100 lost 62.6 points or 1.52 percent to close at 4,045.38 points on Wednesday. BRIndex100 touched intraday high of 4,105.62 and int
Published 13 Dec, 2018 12:00am
Army vows secure environment for investment

Army vows secure environment for investment

Chief of the Army Staff (CoAS) Gen Qamar Javed Bajwa reiterated the armed forces' resolve to play its part to ensure a secure environment for local and foreign investors, the Inter-Services Public Relations (ISPR) said in a statement on Wednesday. "The in
Published 13 Dec, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 12, 2018)

Published 13 Dec, 2018 12:00am
Army vows secure environment for investment

Army vows secure environment for investment

Chief of the Army Staff (CoAS) Gen Qamar Javed Bajwa reiterated the armed forces' resolve to play its part to ensure a secure environment for local and foreign investors, the Inter-Services Public Relations (ISPR) said in a statement on Wednesday. "The in
Published 13 Dec, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
Exchange rate woes

Exchange rate woes

It was an awkward spectacle when Prime Minister disclosed that he was not informed of the exchange rate (ER) adjustments except through the news media. On the first adjustment of 9 October 2018, the Finance Minister, when giving an interview to a news cha
Published 13 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 13 Dec, 2018 12:00am
Exchange rate woes

Exchange rate woes

It was an awkward spectacle when Prime Minister disclosed that he was not informed of the exchange rate (ER) adjustments except through the news media. On the first adjustment of 9 October 2018, the Finance Minister, when giving an interview to a news cha
Published 13 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 13 Dec, 2018 12:00am
Economy moving in right direction: Umar
Currency

Economy moving in right direction: Umar

Minister for Finance Asad Umar Wednesday said the surveys held to evaluate the performance of the economy, after passing of 100 days of current government, suggested that the economy was moving in the right direction. "Hope is very much in the air," he sa
Published 13 Dec, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
Economy moving in right direction: Umar
Currency

Economy moving in right direction: Umar

Minister for Finance Asad Umar Wednesday said the surveys held to evaluate the performance of the economy, after passing of 100 days of current government, suggested that the economy was moving in the right direction. "Hope is very much in the air," he sa
Published 13 Dec, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (December 12, 2018) and the forecast for Thursday (December 13, 2018).

Published 13 Dec, 2018 12:00am
Economy moving in right direction: Umar
Currency

Economy moving in right direction: Umar

Minister for Finance Asad Umar Wednesday said the surveys held to evaluate the performance of the economy, after passing of 100 days of current government, suggested that the economy was moving in the right direction. "Hope is very much in the air," he sa
Published 13 Dec, 2018 12:00am
External conditions worsen: ADB
Currency

External conditions worsen: ADB

Pakistan's external conditions have worsened in the past few months with foreign exchange reserves continuing to fall in the first quarter of fiscal year 2019 (ending 30 June 2019) and the local currency depreciating by 14 percent from July to October, sa
Published 13 Dec, 2018 12:00am
External conditions worsen: ADB
Currency

External conditions worsen: ADB

Pakistan's external conditions have worsened in the past few months with foreign exchange reserves continuing to fall in the first quarter of fiscal year 2019 (ending 30 June 2019) and the local currency depreciating by 14 percent from July to October, sa
Published 13 Dec, 2018 12:00am
External conditions worsen: ADB
Currency

External conditions worsen: ADB

Pakistan''s external conditions have worsened in the past few months with foreign exchange reserves continuing to fall in the first quarter of fiscal year 2019 (ending 30 June 2019) and the local currency depreciating by 14 percent from July to October, s
Published 13 Dec, 2018 12:00am
CoAS witnesses Pak-China International Air Exercise

CoAS witnesses Pak-China International Air Exercise

Chief of Army Staff General Qamar Javed Bajwa, (CoAS) witnessed the ongoing Pak-China International Air Exercise Shaheen-VII at an operational air base of Pakistan Air Force.
Published 13 Dec, 2018 12:00am
CoAS witnesses Pak-China International Air Exercise

CoAS witnesses Pak-China International Air Exercise

Chief of Army Staff General Qamar Javed Bajwa, (CoAS) witnessed the ongoing Pak-China International Air Exercise Shaheen-VII at an operational air base of Pakistan Air Force.
Published 13 Dec, 2018 12:00am
CoAS witnesses Pak-China International Air Exercise

CoAS witnesses Pak-China International Air Exercise

Chief of Army Staff General Qamar Javed Bajwa, (CoAS) witnessed the ongoing Pak-China International Air Exercise Shaheen-VII at an operational air base of Pakistan Air Force.
Published 13 Dec, 2018 12:00am
CoAS witnesses Pak-China International Air Exercise

CoAS witnesses Pak-China International Air Exercise

Chief of Army Staff General Qamar Javed Bajwa, (CoAS) witnessed the ongoing Pak-China International Air Exercise Shaheen-VII at an operational air base of Pakistan Air Force.
Published 13 Dec, 2018 12:00am
Indian girl seeks father's arrest over broken promise to build lavatory

Indian girl seeks father's arrest over broken promise to build lavatory

A seven year-old Indian girl has complained to the police to have her father arrested after he failed to build a toilet in their home as promised, police said on Wednesday. Millions of Indians do not have access to sanitation and open defecation is a prob
Published 13 Dec, 2018 12:00am
Indian girl seeks father's arrest over broken promise to build lavatory

Indian girl seeks father's arrest over broken promise to build lavatory

A seven year-old Indian girl has complained to the police to have her father arrested after he failed to build a toilet in their home as promised, police said on Wednesday. Millions of Indians do not have access to sanitation and open defecation is a prob
Published 13 Dec, 2018 12:00am
Online system: FBR extends deadline for textile, leather sectors

Online system: FBR extends deadline for textile, leather sectors

The Federal Board of Revenue (FBR) has extended deadline up to December 21, 2018 for textile and leather sectors to integrate with the FBR's online system to avail the benefit of reduced rate of sales tax under the SRO 1125(1)/2011. The FBR has issued ins
Published 13 Dec, 2018 12:00am
Online system: FBR extends deadline for textile, leather sectors

Online system: FBR extends deadline for textile, leather sectors

The Federal Board of Revenue (FBR) has extended deadline up to December 21, 2018 for textile and leather sectors to integrate with the FBR's online system to avail the benefit of reduced rate of sales tax under the SRO 1125(1)/2011. The FBR has issued ins
Published 13 Dec, 2018 12:00am
Online system: FBR extends deadline for textile, leather sectors

Online system: FBR extends deadline for textile, leather sectors

The Federal Board of Revenue (FBR) has extended deadline up to December 21, 2018 for textile and leather sectors to integrate with the FBR''s online system to avail the benefit of reduced rate of sales tax under the SRO 1125(1)/2011. The FBR has issued in
Published 13 Dec, 2018 12:00am
Power sector suffered from inefficiencies: WB expert

Power sector suffered from inefficiencies: WB expert

World Bank, Lead Energy Specialist, South Asia Energy, Dr Rikard Liden said on Wednesday that World Bank is working on new funding of $ 1.5 billion for the power sector, in addition to existing commitment of $ 2.3 billion.
Published 13 Dec, 2018 12:00am
Power sector suffered from inefficiencies: WB expert

Power sector suffered from inefficiencies: WB expert

World Bank, Lead Energy Specialist, South Asia Energy, Dr Rikard Liden said on Wednesday that World Bank is working on new funding of $ 1.5 billion for the power sector, in addition to existing commitment of $ 2.3 billion.
Published 13 Dec, 2018 12:00am
Power sector suffered from inefficiencies: WB expert

Power sector suffered from inefficiencies: WB expert

World Bank, Lead Energy Specialist, South Asia Energy, Dr Rikard Liden said on Wednesday that World Bank is working on new funding of $ 1.5 billion for the power sector, in addition to existing commitment of $ 2.3 billion.
Published 13 Dec, 2018 12:00am
First batch of Trade Prices Data electronically from China received

First batch of Trade Prices Data electronically from China received

State Minister for Revenue Hammad Azhar said Wednesday that the Federal Board of Revenue (FBR) has received first batch of Trade Prices Data electronically from China's customs authority for goods being exported from China to Pakistan.
Published 13 Dec, 2018 12:00am
First batch of Trade Prices Data electronically from China received

First batch of Trade Prices Data electronically from China received

State Minister for Revenue Hammad Azhar said Wednesday that the Federal Board of Revenue (FBR) has received first batch of Trade Prices Data electronically from China's customs authority for goods being exported from China to Pakistan.
Published 13 Dec, 2018 12:00am
First batch of Trade Prices Data electronically from China received

First batch of Trade Prices Data electronically from China received

State Minister for Revenue Hammad Azhar said Wednesday that the Federal Board of Revenue (FBR) has received first batch of Trade Prices Data electronically from China''s customs authority for goods being exported from China to Pakistan.
Published 13 Dec, 2018 12:00am
Karl Marx 'Capital' contract makes a mint at Paris auction

Karl Marx 'Capital' contract makes a mint at Paris auction

A contract signed by Karl Marx for the publication of the French version of "Capital", his ground-breaking study of capitalism, sold at auction in Paris for a record 121,600 euros ($138,145), five times the expected price. The contract, signed with editor
Published 13 Dec, 2018 12:00am
Karl Marx 'Capital' contract makes a mint at Paris auction

Karl Marx 'Capital' contract makes a mint at Paris auction

A contract signed by Karl Marx for the publication of the French version of "Capital", his ground-breaking study of capitalism, sold at auction in Paris for a record 121,600 euros ($138,145), five times the expected price. The contract, signed with editor
Published 13 Dec, 2018 12:00am
Beyonce, Bollywood, Hillary as India's richest daughter weds

Beyonce, Bollywood, Hillary as India's richest daughter weds

Topping anything in hit film "Crazy Rich Asians", the only daughter of India's richest man ties the knot Wednesday after days of lavish celebrations that included a Beyonce concert in a lakeside palace. Isha Ambani, whose father is tycoon Mukesh Ambani, w
Published 13 Dec, 2018 12:00am
Beyonce, Bollywood, Hillary as India's richest daughter weds

Beyonce, Bollywood, Hillary as India's richest daughter weds

Topping anything in hit film "Crazy Rich Asians", the only daughter of India's richest man ties the knot Wednesday after days of lavish celebrations that included a Beyonce concert in a lakeside palace. Isha Ambani, whose father is tycoon Mukesh Ambani, w
Published 13 Dec, 2018 12:00am
Poor evaluation?

Poor evaluation?

Prime Minister Imran Khan spent over eight hours with Pakistan Tehreek-e-Insaf (PTI) cabinet members on Monday to assess their performance during the first 100 days with a three-pronged criterion laid down for their evaluation: identify the amount saved d
Published 13 Dec, 2018 12:00am
Redefining accountability

Redefining accountability

There is nothing wrong about observing the 'International Days' and making solemn pledges to comply with their injunctions. One such occasion was on Sunday, when President Dr Arif Alvi expressed his resolve to further strengthen the National Accountabilit
Published 13 Dec, 2018 12:00am
Till another 100 days do us part

Till another 100 days do us part

The Finance Minister sees the economy turning the corner. Advisor Commerce says it has. Notwithstanding the cautious tone of their optimism, the idea seems to be to impart a sense of confidence to the market.
Published 13 Dec, 2018 12:00am
Time to bring all 'Leases' on the balance sheet

Time to bring all 'Leases' on the balance sheet

The economic growth requires resources and leasing provides an option to obtain those resources. We all know that leasing is an important and widely used financing solution. Through leasing a particular item can be obtained and used by paying installments
Published 13 Dec, 2018 12:00am
Global economy in 2019: Growth beginning to fray

Global economy in 2019: Growth beginning to fray

American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest medical supply company is considering shipping production overseas amid growing uncertainty.
Published 13 Dec, 2018 12:00am
Modi gets a wake-up call

Modi gets a wake-up call

It is good for India and the region that ultra right Sangh Parivar has lost power in three key states. This development has certainly dealt a blow to prime minister Narendra Modi's prospects ahead of the 2019 general elections in India. Losing elections i
Published 13 Dec, 2018 12:00am
Industrialists slam suspension of gas supply

Industrialists slam suspension of gas supply

Industrialists from seven industrial estates of the city have expressed deep concern over Sui Southern Gas Company (SSGC) move of suspension of gas supply to the industrial sector, which will certainly have drastic impact as industry is the backbone for p
Published 13 Dec, 2018 12:00am
Government urged to review suspension of gas to CNG stations

Government urged to review suspension of gas to CNG stations

The Sindh CNG Association has requested the federal government to review its decision of suspending supply of CNG to the fuel stations for indefinite period. Addressing a press conference at Hyderabad Press Club here on Wednesday, the association's patron
Published 13 Dec, 2018 12:00am
Final arguments: Nawaz has nothing to do with ASCL, HME cases: AC told

Final arguments: Nawaz has nothing to do with ASCL, HME cases: AC told

The counsel of former prime minister Nawaz Sharif on Wednesday told an accountability court that his client is not accountable for Al-Azizia Steel Mill Company Limited (ASCL) and Hill Metals Establishment (HME), and only his son Hussain Nawaz is answerabl
Published 13 Dec, 2018 12:00am
Government tables six bills in Punjab Assembly

Government tables six bills in Punjab Assembly

The Punjab government on Wednesday tabled in the Punjab Assembly six bills including The Punjab Prevention of Conflict of Interest Bill 2018, The Punjab Right to Services Bill 2018, The Punjab Domestic Workers Bill 2018, The Punjab Skills Development Auth
Published 13 Dec, 2018 12:00am
NA, Senate from ICT: PTI won't object to reserving seat for women

NA, Senate from ICT: PTI won't object to reserving seat for women

Pakistan Tehreek-e-Insaf-led government believes in emancipation of women and would not object to reserving a seat for women both in the National Assembly and Senate from Islamabad Capital Territory (ICT). The federal government on Wednesday filed a reply
Published 13 Dec, 2018 12:00am
SHC approves extension in Qaim's interim bail

SHC approves extension in Qaim's interim bail

Sindh High Court (SHC) Wednesday approved extension in interim bail of former Chief Minister Sindh Syed Qaim Ali Shah till February 4, 2019 in a petition related to call up notice issued by the National Accountability Bureau (NAB) on grant of land to Mali
Published 13 Dec, 2018 12:00am
NAB being used to suppress opposition, says Khaqan

NAB being used to suppress opposition, says Khaqan

Members of the opposition parties on Wednesday said that National Accountability Bureau (NAB) is being used to suppress them and this is resulting in deterioration of supremacy and sovereignty of the Parliament. Speaking on the floor of the National Assem
Published 13 Dec, 2018 12:00am
Speaker's power of issuing P.O. withdrawn by PML-N: Elahi

Speaker's power of issuing P.O. withdrawn by PML-N: Elahi

Speaker Punjab Assembly Ch Parvez Elahi has said that PML-N government had withdrawn power of the speaker to issue production order of an arrested MPA and given this power to Advocate General during its tenure.
Published 13 Dec, 2018 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices held steady on Wednesday, underpinned by expectations of fewer rate hikes by the US Federal Reserve next year, while a stronger dollar weighed on the market. Spot gold was up 0.1 percent at $1,244.40 per ounce at 0838 GMT, while US gold future
Published 13 Dec, 2018 12:00am
SECP on various regulatory steps for AML/CFT

SECP on various regulatory steps for AML/CFT

At an event organized to raise awareness about the money laundering and terrorist financing risks faced by non-profit organizations (NPOs) in the country, the SECP elaborated on various regulatory measures for anti-money laundering and countering financin
Published 13 Dec, 2018 12:00am
Deadlock over PAC chairmanship persists

Deadlock over PAC chairmanship persists

Deadlock between the Pakistan Tehreek-e-Insaf (PTI) government and opposition parties over the chairmanship of Public Accounts Committee (PAC) and formation of standing committees of the House continues, it is learnt. Speaker National Assembly Asad Qaiser
Published 13 Dec, 2018 12:00am
'Women Empowerment Awards' ceremony held

'Women Empowerment Awards' ceremony held

The Overseas Investors Chamber of Commerce and Industry (OICCI) organized Women Empowerment Awards to acknowledge its member companies. Unilever won the top position and became 'Champion of 2018', while Telenor and Nestlé were declared the first and secon
Published 13 Dec, 2018 12:00am
Azgard Nine Limited
Currency

Azgard Nine Limited

Azgard Nine Limited (PSX: ANL) is a composite textile unit, which manufactures and sells yarn, denim and denim products. The company is involved in spinning, weaving, dyeing and stitching, and has three production units located in Punjab. ANL was incorpor
Published 13 Dec, 2018 12:00am
Azgard Nine Limited
Currency

Azgard Nine Limited

Azgard Nine Limited (PSX: ANL) is a composite textile unit, which manufactures and sells yarn, denim and denim products. The company is involved in spinning, weaving, dyeing and stitching, and has three production units located in Punjab. ANL was incorpor
Published 13 Dec, 2018 12:00am
Gas shortfall in Sindh reaches 230 mmcfd

Gas shortfall in Sindh reaches 230 mmcfd

Gas shortfall in Sindh has reached 230 mmcfd due to technical faults and depleting gas fields, Petroleum Division was informed on Wednesday.
Published 13 Dec, 2018 12:00am
SSGC to resume gas to CNG sector as soon as supply improves

SSGC to resume gas to CNG sector as soon as supply improves

The management of Sui Southern Gas Company (SSGC) has held a meeting with the representative bodies of CNG associations and station owners at the Company Head Office on Wednesday. Explaining the reasons behind suspending gas to the CNG sector, SSGC offici
Published 13 Dec, 2018 12:00am
Imran saved country from bankruptcy: Chohan

Imran saved country from bankruptcy: Chohan

The PTI government under the leadership of Prime Minister Imran Khan would continue its crusade against venality and would lead the country as a dignified nation in the comity of nations, Punjab Information Minister Fayyaz ul Hasan Chohan said on Wednesda
Published 13 Dec, 2018 12:00am
Iranian governor general stresses need for Makran Coast's uplift

Iranian governor general stresses need for Makran Coast's uplift

The 1500-kilometer-long Makran Coast, stretched half each between Pakistan's Balochistan and Iran's Sistan-Baluchestan province, is similar to wings of development for the two nations, the governor general of Iranian south-eastern province has said.
Published 13 Dec, 2018 12:00am
US MIDDAY: gold gains

US MIDDAY: gold gains

Gold prices edged higher on Wednesday as the dollar slipped and expectations of US interest rate hikes next year dimmed, brightening the appeal of non-interest yielding bullion. Spot gold was up 0.2 percent at $1,245.05 per ounce as of 12:26 p.m. EST (172
Published 13 Dec, 2018 12:00am
US MIDDAY: soyabeans climb

US MIDDAY: soyabeans climb

US soyabean futures hit a 4-1/2-month high on Wednesday as China bought US soyabeans for the first time since US President Donald Trump and his Chinese counterpart Xi Jinping met in early December. State-owned Chinese companies bought at least 500,000 ton
Published 13 Dec, 2018 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices edged higher on Wednesday as the dollar slipped and expectations of US interest rate hikes next year dimmed, brightening the appeal of non-interest yielding bullion. Spot gold was up 0.2 percent at $1,245.31 per ounce as of 11:03 a.m. EST (160
Published 13 Dec, 2018 12:00am
French police hunt gunman after Christmas market attack

French police hunt gunman after Christmas market attack

Hundreds of French anti-terror police are hunting for a fugitive gunman who attacked Christmas shoppers at a market in the eastern city of Strasbourg while shouting "Allahu akbar" (God is greatest), officials said Wednesday. The attack in the heart of the
Published 13 Dec, 2018 12:00am
North and South Korean soldiers enter each other's territory

North and South Korean soldiers enter each other's territory

Soldiers from North and South Korea crossed into each other's territory peacefully for the first time on Wednesday, Seoul said, as they began checking the dismantlement of guard posts in the Demilitarized Zone. The North invaded the South in 1950, trigger
Published 13 Dec, 2018 12:00am
Yemen peace talks go down to the wire

Yemen peace talks go down to the wire

Talks between Yemen's government and Huthi insurgents focused on the country's main airport and port went down to the wire Wednesday with just hours left in negotiations. Taiz, the southwestern city controlled by the government and surrounded by the rebel
Published 13 Dec, 2018 12:00am
Russian military chief accuses Nato of buildup on borders

Russian military chief accuses Nato of buildup on borders

A senior Russian military official on Wednesday warned of a buildup of Nato forces close to the country's borders, the defence ministry said. Valery Gerasimov, head of Russia's General Staff, "noted a strengthening of Nato's frontline military presence cl
Published 13 Dec, 2018 12:00am
Sweden freezes support to UNAIDS until leader removed

Sweden freezes support to UNAIDS until leader removed

Sweden said Wednesday it was freezing its support to UNAIDS until its executive director is removed, after an expert report blasted the agency's leadership for systematically failing to address bullying, abuse and sexual harassment.
Published 13 Dec, 2018 12:00am
Huawei executive gets bail

Huawei executive gets bail

A Canadian court granted bail on Tuesday to a top Chinese telecom company executive wanted in the United States in a case that has rattled relations between China and the North American allies. The conditional release of Meng Wanzhou, the chief financial
Published 13 Dec, 2018 12:00am
Maduro says US behind 'assassination plot

Maduro says US behind 'assassination plot

Venezuela's President Nicolas Maduro lashed out Wednesday at what he said was a plot to assassinate him directed by the White House - and involving the right-wing governnments of Colombia and Brazil Maduro accused US National Security Advisor John Bolton
Published 13 Dec, 2018 12:00am
Pompeo urges UN to get tough on Iran missiles

Pompeo urges UN to get tough on Iran missiles

US Secretary of State Mike Pompeo on Wednesday urged the United Nations to tighten restrictions on Iran's missiles, which he warned could strike US allies, but other powers called instead for dialogue. Pompeo headed to New York for a Security Council meet
Published 13 Dec, 2018 12:00am
US expels Taiwanese student who threatened school shooting

US expels Taiwanese student who threatened school shooting

The United States on Wednesday expelled a Taiwanese exchange student who had allegedly threatened to "shoot up" his school. An-Tso "Edward" Sun, 18, was arrested last March after another student reported that he told him he planned to open fire in the sch
Published 13 Dec, 2018 12:00am
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