Russia's VTB Capital, one of the country's biggest gold traders, reduced gold exports in 2018 due to higher demand from Russia's Central Bank and lower demand in China, its commodities head, Atanas Djumaliev said. The Russian central bank, one of the worl
Raw sugar futures on ICE were marginally lower on Monday as weakness in energy and global equities kept the market on the defensive while coffee and cocoa prices rose. London-based white sugar, robusta coffee and cocoa had an abbreviated session on Monday
China's Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), as it extends the exploration of its mining assets in the country, the company said in a filing to the Shanghai stock exchange on
Copper futures in China fell for a second session on Tuesday and touched their lowest level in 15 weeks, reflecting faltering sentiment among investors amid mounting concerns over an economic slowdown. Prices tumbled in most Chinese commodities following
Benchmark Tokyo rubber futures sank to a 10-day low on Tuesday, as plunging global stock markets and tumbling oil prices chilled investors sentiment, prompting them to unwind their positions to reduce risk ahead of the New Year holidays. "Sliding stock pr
US soyabean futures neared a one-month low on Monday as traders watched and waited for China to make further purchases after re-entering the market recently as trade tensions eased. Corn futures also came under pressure from disappointment over a lack of
If Tottenham Hotspur's comprehensive defeat of Everton confirmed their standing as genuine contenders in the Premier League title race, it also underlined the value of Son Heung-min to Mauricio Pochettino's side. The South Korea international was outstand
American basketball star LeBron James has apologized for posting controversial song lyrics with the phrase "getting that Jewish money" on Instagram, where he boasts over 45 million followers. "We been getting that Jewish Money, Everything is kosher," the
Russian biathlon star Anton Shipulin on Tuesday announced he had lost "motivation" and would retire from the sport, weeks after Austrian prosecutors announced a doping probe into his team. Shipulin has always rejected claims against him but he and other t
India axed both openers Tuesday while Australia recalled allrounder Mitchell Marsh at the expense of struggling batsman Peter Handscomb for the high-stakes third Test. With the four-Test series tied 1-1, much is riding on the Boxing Day showdown at the Me
The Russian finance ministry is considering issuing Eurobonds in euros and possibly yuan in 2019 and the amount of the euro deal could be higher than in 2018, Finance Minister Anton Siluanov said.
The Russian finance ministry is considering issuing Eurobonds in euros and possibly yuan in 2019 and the amount of the euro deal could be higher than in 2018, Finance Minister Anton Siluanov said.
Canada's main stock index fell on Monday, weighed by losses in energy companies and as investors fled riskier assets to take refuge in gold amid worsening global economy. The Toronto Stock Exchange's S&P/TSX Composite index was down 60.5 points, or 0.43 p
Japanese government bond yields hit multi-month lows on Tuesday, with the benchmark 10-year yield hitting zero percent, as US political chaos engulfed global financial markets causing the worst day for Tokyo stock prices in more than two years.
Japanese government bond yields hit multi-month lows on Tuesday, with the benchmark 10-year yield hitting zero percent, as US political chaos engulfed global financial markets causing the worst day for Tokyo stock prices in more than two years.
The Saudi market fell on Tuesday, as plunging oil prices pressured petrochemical stocks, while Riyad Bank was the top gainer, reaching a four-year high after saying it was in merger talks with National Commercial Bank (NCB). The Dubai index was the sole g
The Saudi market fell on Tuesday, as plunging oil prices pressured petrochemical stocks, while Riyad Bank was the top gainer, reaching a four-year high after saying it was in merger talks with National Commercial Bank (NCB). The Dubai index was the sole g
Japan's Nikkei retreated to a 20-month low on Tuesday after a slide on Wall Street deepened with a series of unnerving US political developments. The Nikkei share average ended the day down 5.01 percent at 19,155.74 after brushing 19,117.96, its lowest si
The Russian rouble weakened on Tuesday in thin Christmas holiday trading after oil prices fell heavily and Russian stocks tumbled amid a global sell-off. Oil prices plunged to their lowest level in more than a year, fuelled by investor fears of a global e
China's yuan rose to its highest in nearly two weeks on Tuesday, underpinned by broad dollar weakness, as Washington struggled with a partial government shutdown and open confrontation between the White House and the US Federal Reserve. US President Donal
Anglophone separatists in Cameroon on Monday announced they had launched a virtual currency, the AmbaCoin, to help fund their campaign for independence and provide humanitarian aid. The bitcoin-like currency, based on the blockchain software principle, is
The Japanese yen and the Swiss franc gained, thanks to safe-haven buying as sentiment in financial markets remained fragile on heightened worries over political instability in the United States and fears of a global economic slowdown. Trading volumes were
The dollar fell against the safe-haven yen and Swiss franc on Tuesday as investors cut their exposure to riskier assets amid the partial US government shutdown and signs of confrontation between the White House and the Federal Reserve. The dollar fell 0.3
Suicide attackers stormed the Libyan foreign ministry in the capital Tripoli on Tuesday, killing at least three people including a senior civil servant, the authorities said. Twenty-one other people were wounded in what authorities said was a suicide atta
US President Donald Trump on Tuesday renewed his attack on the US Federal Reserve's monetary policy, blaming the central bank's interest rate hikes for a tanking market. With stocks on track for their worst December since the Great Depression, Trump has r
At least 10 journalists were injured as ruling party activists allegedly attacked a motel in a central Bangladesh town when they were covering this week's national election, a senior journalist said Tuesday. A group of baton-wielding men attacked the mote
Queen Elizabeth II warned of religious "tribalism" in a Christmas message on Tuesday delivered against a backdrop of Britain bickering over its impending exit from the EU. The 92-year-old monarch's tone reflected a sombre mood sweeping the island nation a
Nigeria said it has resolved a dispute with Africa's largest mobile operator over $8.13 billion (6.96 billion euros) which it accused MTN of illegally repatriating to South Africa. Africa's biggest telecoms market Nigeria shocked MTN and foreign investors
Sumitomo Mitsui Financial Group (SMFG) wants to acquire Asian commercial banks, utilising some of the up to $12 billion in surplus capital that Japan's third-largest lender expects to build up over the next five years, its chief executive said. "In Asia,
A Japanese official said on Tuesday that volatility was rising in the currency market and the government stands ready to take necessary steps if the market becomes too erratic. "Volatility is rising. Each country shares the G7/G20 view that excess volatil
Bahrain will exclude oil products from a value-added tax (VAT) due to be implemented next year, part of an essential goods exclusion from the tax, Oil Minister Sheikh Mohammed bin Khalifa al-Khalifa said on Tuesday in remarks carried by the state news age
Turkey's plan to increase the minimum wage by more than a quarter next year is expected to add 1.5-2 percentage points to inflation, three sources said, adding the final impact would depend on growth figures. President Tayyip Erdogan's government, which i
US President Donald Trump vowed Tuesday he would not reopen the government until he gets $5 billion to fund his border wall, as the partial government shutdown dragged into a fourth day.
Temperature dropped to minus 12 degrees Celsius in northern areas over the past 24 hours, as the Met Office on Tuesday forecast a cold and dry weather for the most parts of the country in the next 24 hours.
Participants of women convention on economic justice has demanded for the protection of the rights and fair wages and other social security facilities to these agriculture workers specific engaged in cotton crop. The convention held by Sindh Community Fou
State Bank of Pakistan (SBP) Tuesday celebrated 143rd birth anniversary of Quaid-e-Azam Muhammad Ali Jinnah by holding a special exhibition devoted to portraits of Quaid-e-Azam, which were painted by renowned artist Prof Saeed Akhtar. Adviser to the Prime
Avanceon Limited (PSX: AVN) is a leading provider of industrial automation, process control and systems integration as well as proprietary energy management solutions and support services. Avanceon has been in the automation business since 1984 and has tr
Avanceon Limited (PSX: AVN) is a leading provider of industrial automation, process control and systems integration as well as proprietary energy management solutions and support services. Avanceon has been in the automation business since 1984 and has tr
Counter Terrorism Department (CTD) on Tuesday claimed to have arrested a gang of Afghani street criminals from Maripur Truck stop. According to CTD In-charge Mazhar Mashwani, the arrests were made in assistance with the CCTV footages. The detained persons
An unprecedented, resounding applause, clapping and standing ovation marked the start of one-day national seminar on the theme "Quid-e-Azam Muhammad Ali Jinnah as a Founder of Nation State", followed hot over heels by rendition of recitation of verses fro
Muhammad Ahmad has once again been elected as President of the Gold and Gems Art Promotion Council of Pakistan (GGAPCP) while Rana Nadeem Aleem, Shahid Mahmood and Dilawar Ali have been elected as Senior Vice President, Vice President and General Secretar
General Manager Descon Technical Institute (DTI) Murtuza Ali said the best way to reduce poverty and unemployment was to equip the men and women with employable skills. While talking to Business Recorder Murtuza said the developed world had achieve
An earthquake of mild intensity jolted different areas of district Khuzdar on Tuesday but no causalities or property damages were reported. According to geological wing of PMD, tremors measuring 3.2 on Richter scale were felt in different areas of distric
Police on Tuesday registered a case against Muttahida Qaumi Movement (MQM) founder Altaf Hussain and six other people for an attack at Pak Sarzameen Party (PSP) office that left two persons dead and another two injured.
The guard mounting ceremony at the mausoleum of founder of Pakistan Mohammad Ali Jinnah was held on his birth anniversary, here on Tuesday. Commandant Pakistan Military Academy Major General Akhtar Nawaz reviewed the parade, laid floral wreath, presented
General Secretary Pakistan Tehreek-e-Insaf (PTI) Sindh chapter and parliamentary leader of party in Sindh Assembly, Haleem Adil Sheikh has said that Omni-Zardari nexus of corruption mafia looted the resources of Sindh and increased poverty and deprivation
As the global population grows from 7 billion in 2010 to a projected 9.8 billion in 2050, and incomes grow across the developing world, overall food demand is on the course to increase by more than 50 percent, and demand for animal-based foods by nearly 7
Like other parts of the country, the Christian community Tuesday celebrated Christmas across the province of Punjab with religious fervour and enthusiasm. Special Christmas services were held in the main churches across the province on Tuesday morning. Th
Chief Justice Pakistan Mian Saqib Nisar proceedings with the matter of private universities observed, "By doing court work today, we are paying homage to founder of Pakistan in fact". Chief Justice directed the Punjab law minister and health minister to a
The 7th International Hindko Conference will be arranged in the provincial metropolis from January 5 to 6 next year. To be organized by the literary and cultural organisation, Gandhara Hindko Board, and Gandhara Hindko Academy, the moot will continue for
Chief of Jamaat e Islami, Senator Sirajul Haq, has said that, population was not the problem of Pakistan as the actual problem was the unjust distribution of the national resources and the 60 per cent of the cultivable land that was lying barren.
Punjab Chief Minister Sardar Usman Buzdar has expressed his resolve to speedily implement the reforms agenda so as to achieve the targets of a new Pakistan.
The business community while expressing its concern over the higher mark up rate urged the government to take step for lowering the interest rate so that it could help promote investment in the country. The higher interest rate is neither in the interest
The Supreme Court of Pakistan on Tuesday issued contempt notices to Provincial Health Minister Dr Yasmin Rashid and others for constitution of a commission without prior approval of the court and directed them to respond to the contempt notices within two
Amin Kanju, son of former federal minister Siddique Kanju, was arrested from the courtroom of Supreme Court (SC) Lahore Registry on charges of detaining and abusing his maids.
Minister for Railways Sheikh Rasheed Ahmed on Tuesday said robbers and thievves have been brought to book Speaking after paying his respect at the mausoleum of the country's founding father, Quaid-e-Azam Muhammad Ali Jinnah, on his 142nd birthday, he lame
Secretary General, Jamaat e Islami, Liaqat Baloch, has said that it was the collective responsibility of the nation to run Pakistan in accordance with the vision of the Quaid-e-Azam and Allama Muhammad Iqbal.
Former Foreign Secretary Riaz Mohammad Khan has said that though recent developments offer some hope for peace in Afghanistan, it is too early to consider them a turning point. His brief titled 'Afghanistan: Hopes and Perspective' has been issued by the I
ANP's general secretary Mian Iftikhar Hussain has said that none of the institute is immunity from accountability, adding instead of targeting only politicians, the holding of all institutions is need of the hour. In a statement issued here on Tuesday, he
Sindh Chief Minister Syed Murad Ali Shah has defended the subsidies in terms of electricity, wheat, sugarcane, tractor, which, the provincial government approved within the ambit of law to encourage production and consumption.
As many as 897 FIRs have been registered against the power pilferers, 720 arrested and 90 illegal power transformers removed from the system and arrears amounting to Rs 94 million so far from power defaulters during operation against power pilferers and r
Jamiate Ulema-e-Islsam Fazl (JUI-F) has announced it will hold a long march against the wrong policies of government and anti-Islam activities from January 27. The announcement was made by JUI-F Provincial naib ameer, Mufti Kifayatullah while speaking a n
The government on Tuesday made it clear that the ongoing process of accountability will continue as the people have mandated Pakistan Tehreek-e-Insaf to rid the country of corruption. Addressing a joint press conference here federal Minister for Informati
Amid tight security, Christian community on Tuesday celebrated Christmas, an event of peace and happiness with religious zeal and enthusiasm in different settled parts as well as tribal regions of Khyber Pakhtunkhwa. Christians started their day with cere
Describing Naya Pakistan as "Quaid's Pakistan," Prime Minister Imran Khan on Tuesday said the government would ensure that their minorities were treated as equal citizens, unlike what was happening in India.
The fate of the Chief Executive Officer (CEO), Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC)) and others hanging in balance as Law Department has given clear-cut opinion on the matter of the employment of dual nations in
Pakistan strongly condemns the shooting and suicide attack at a government building in Kabul yesterday, that has resulted in loss of over 40 precious lives and injuries to many others. We express our deepest sympathies and condolences to the bereaved fami
The Auditor General of Pakistan (AGP) has detected three cases of financial mismanagement amounting to Rs 196,594 billion of non-surrendering of anticipated savings, short realization of targeted revenue and decrease in the closing cash balance during fin
Indian tycoon Vijay Mallya is said to have been playing 'nice' guy, offering to pay back. He has already said in July that he had made an offer to an Indian court in a bid to settle the charges, but denies that was an admission of guilt. A British court e
Greeks and Bulgarians are flocking to a border town in north-western Turkey, travelling by bus, car, motorbike or even on foot in order to shop in Edirne, their purchasing power bolstered by the battered lira.
Syria's civil war of more than seven years began winding down in 2018 as government forces, supported by Russia, regained large swathes of the country's territory from rebels backed by Western powers and Islamist militants.
The Belt and Road (B&R) initiative is a global as well as a revolutionary venture. It is expected to be completed by 2049 when China would celebrate the centenary of its founding and at same time would in on probability throw open the gates on a new polit
The National Accountably Court hearing two references against ousted prime minister and PML-N supreme leader Nawaz Sharif announced its anxiously-awaited verdict on Monday. He has been handed seven years jail sentence and a fine of $2.5 million in the Al-
During National Assembly's question-hour on 21st December, 2018, Minister of Petroleum, Ghulam Sarwar Khan, revealed that PTI government had given a subsidy of Rs 20 billion in petroleum prices to provide relief to the common man since it came to power. T
Iran's security forces have arrested 17 people on charges of profiteering from fraudulent currency dealings, the state news agency IRNA reported on Tuesday, as Tehran tries to reverse a slide in the rial following the reimposition of US sanctions.
Iran's security forces have arrested 17 people on charges of profiteering from fraudulent currency dealings, the state news agency IRNA reported on Tuesday, as Tehran tries to reverse a slide in the rial following the reimposition of US sanctions.
The Federal Board of Revenue (FBR) will finalize its viewpoint on the recommendations made by Pakistan Business Council (PBC) to the Finance Minister Asad Umer on taxation issues, for next federal budget, including discontinuation of Super Tax. Sources to
The Federal Board of Revenue (FBR) will finalize its viewpoint on the recommendations made by Pakistan Business Council (PBC) to the Finance Minister Asad Umer on taxation issues, for next federal budget, including discontinuation of Super Tax. Sources to
The Federal Board of Revenue (FBR) will finalize its viewpoint on the recommendations made by Pakistan Business Council (PBC) to the Finance Minister Asad Umer on taxation issues, for next federal budget, including discontinuation of Super Tax. Sources to
India on Tuesday opened its longest rail-road bridge in a poor northeastern state as part of efforts to boost defences on its sensitive border with China. Prime Minister Narendra Modi drove an inaugural cavalcade along the 4.9 kilometre (three mile) long
India on Tuesday opened its longest rail-road bridge in a poor northeastern state as part of efforts to boost defences on its sensitive border with China. Prime Minister Narendra Modi drove an inaugural cavalcade along the 4.9 kilometre (three mile) long
Pope Francis, in his Christmas message to the world, urged people on Tuesday to see differences as a source of richness instead of danger and called for reconciliation in places torn apart by conflict. Francis delivered the traditional papal "Urbi et Orbi
Pope Francis, in his Christmas message to the world, urged people on Tuesday to see differences as a source of richness instead of danger and called for reconciliation in places torn apart by conflict. Francis delivered the traditional papal "Urbi et Orbi
Laden with 75 containers, Pakistan''s first-ever freight train under public-private partnership left Karachi Cantonment Station on Tuesday for Lahore Praim Nagar dry port. "The freight train project has been initiated with an agreement signed with Pakista
Laden with 75 containers, Pakistan's first-ever freight train under public-private partnership left Karachi Cantonment Station on Tuesday for Lahore Praim Nagar dry port. "The freight train project has been initiated with an agreement signed with Pakistan
Laden with 75 containers, Pakistan's first-ever freight train under public-private partnership left Karachi Cantonment Station on Tuesday for Lahore Praim Nagar dry port. "The freight train project has been initiated with an agreement signed with Pakistan
Tunisian security forces on Tuesday fired tear gas at protesters in the western city of Kasserine following the funeral of a journalist who had set himself on fire over harsh living conditions. Abdel Razaq Zorgi, a 32-year-old journalist, died late Monday
Tunisian security forces on Tuesday fired tear gas at protesters in the western city of Kasserine following the funeral of a journalist who had set himself on fire over harsh living conditions. Abdel Razaq Zorgi, a 32-year-old journalist, died late Monday
Ousted Prime Minister Nawaz Sharif, who was convicted on Monday by an accountability court in Al-Azizia corruption reference and sentenced for seven years in jail along with a fine of Rs 1.5 billion and $25 million, was shifted from Rawalpindi's Adiala Ja
Ousted Prime Minister Nawaz Sharif, who was convicted on Monday by an accountability court in Al-Azizia corruption reference and sentenced for seven years in jail along with a fine of Rs 1.5 billion and $25 million, was shifted from Rawalpindi's Adiala Ja
Russia on Tuesday expanded its economic sanctions on Ukraine, adding more than 250 people and businesses to a blacklist first announced at the start of November. According to a decree by Prime Minister Dmitri Medvedev, 245 individuals and seven companies,
Eight people were killed and 22 injured after a hijacked bus crashed into pedestrians in east China's Fujian province on Tuesday afternoon, state media reported. A hijacker carrying a knife has been detained and is being investigated by local police, stat
Baltimore police have collected nearly 2,000 weapons including a rocket launcher as part of a buy-back program aimed at reducing violence in the eastern US city. The three-day operation last week was announced in a bid to rid the streets of illegal weapon
Prime Minister Benjamin Netanyahu said Tuesday that the Israeli army's operation to locate and destroy cross-border tunnels dug by Hezbollah from Lebanon was near completion. The Israeli premier's remarks, made during a tour to the northern frontier with
Mastermind of attack on Chinese consulate in Karachi, Aslam alias Achchu and his cohort were killed in armed attack in Afghanistan on Tuesday. According to details, unidentified armed men attack residence of Aslam Achchu in Kandhar when meeting of extremi