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Print - 2018-12-26
Ex-MQM MNA Ali Raza Abidi shot dead

Ex-MQM MNA Ali Raza Abidi shot dead

Former Muttahida Qaumi Movement Pakistan (MQM-P) Member National Assembly, Ali Raza Abidi was shot dead in an armed attack at the upscale Defence vicinity of the metropolis Tuesday night. According to police, the incident occurred outside his home located
Published 26 Dec, 2018 12:00am
Ex-MQM MNA Ali Raza Abidi shot dead

Ex-MQM MNA Ali Raza Abidi shot dead

Former Muttahida Qaumi Movement Pakistan (MQM-P) Member National Assembly, Ali Raza Abidi was shot dead in an armed attack at the upscale Defence vicinity of the metropolis Tuesday night. According to police, the incident occurred outside his home located
Published 26 Dec, 2018 12:00am
Afghan situation: Chinese, Pakistani diplomats discuss 'new changes'

Afghan situation: Chinese, Pakistani diplomats discuss 'new changes'

Senior Chinese and Pakistani diplomats discussed on Tuesday "new changes" to the situation in Afghanistan, China's foreign ministry said, amid plans by the United States to withdraw about half of the 14,000 US troops based in the country. US officials hav
Published 26 Dec, 2018 12:00am
Afghan situation: Chinese, Pakistani diplomats discuss 'new changes'

Afghan situation: Chinese, Pakistani diplomats discuss 'new changes'

Senior Chinese and Pakistani diplomats discussed on Tuesday "new changes" to the situation in Afghanistan, China's foreign ministry said, amid plans by the United States to withdraw about half of the 14,000 US troops based in the country. US officials hav
Published 26 Dec, 2018 12:00am
BoD of body for ailing PSEs changed

BoD of body for ailing PSEs changed

The federal cabinet has reportedly changed the Board of Directors (BoD) of Sarmaya-E-Pakistan Limited (SPL) after the Ministry of Law and Justice opposed inclusion of political figures like Prime Minister and his cabinet colleagues on the Board, well-info
Published 26 Dec, 2018 12:00am
BoD of body for ailing PSEs changed

BoD of body for ailing PSEs changed

The federal cabinet has reportedly changed the Board of Directors (BoD) of Sarmaya-E-Pakistan Limited (SPL) after the Ministry of Law and Justice opposed inclusion of political figures like Prime Minister and his cabinet colleagues on the Board, well-info
Published 26 Dec, 2018 12:00am
Envoys' moot convened to attract FDI

Envoys' moot convened to attract FDI

Ministry of Foreign Affairs (MoFA) has convened a two-day (December 27-28) conference of Pakistan's envoys from select countries on promotion of Foreign Director Investment (FDI) in the country, sources close to Foreign Minister told Business Recorder.
Published 26 Dec, 2018 12:00am
Envoys' moot convened to attract FDI

Envoys' moot convened to attract FDI

Ministry of Foreign Affairs (MoFA) has convened a two-day (December 27-28) conference of Pakistan's envoys from select countries on promotion of Foreign Director Investment (FDI) in the country, sources close to Foreign Minister told Business Recorder.
Published 26 Dec, 2018 12:00am
Envoys'' moot convened to attract FDI

Envoys'' moot convened to attract FDI

Ministry of Foreign Affairs (MoFA) has convened a two-day (December 27-28) conference of Pakistan''s envoys from select countries on promotion of Foreign Director Investment (FDI) in the country, sources close to Foreign Minister told Business Recorder
Published 26 Dec, 2018 12:00am
Panama Papers, fake accounts: PM describes JIT reports as case studies

Panama Papers, fake accounts: PM describes JIT reports as case studies

Describing the reports of Joint Investigation Teams (JITs) on Panama Papers and fake accounts as "case studies in how states fail," Prime Minister Imran Khan on Tuesday said he was puzzled and perplexed by those who were still defending the plunderers. "T
Published 26 Dec, 2018 12:00am
Panama Papers, fake accounts: PM describes JIT reports as case studies

Panama Papers, fake accounts: PM describes JIT reports as case studies

Describing the reports of Joint Investigation Teams (JITs) on Panama Papers and fake accounts as "case studies in how states fail," Prime Minister Imran Khan on Tuesday said he was puzzled and perplexed by those who were still defending the plunderers. "T
Published 26 Dec, 2018 12:00am
PML-N seeking in-house change

PML-N seeking in-house change

Pakistan Muslim League Nawaz (PML-N) on Tuesday while lambasting the Pakistan Tehreek-e-Insaf (PTI) government has announced to consult all the opposition parties to bring an in-house change by launching an anti government drive within the parliament and
Published 26 Dec, 2018 12:00am
PML-N seeking in-house change

PML-N seeking in-house change

Pakistan Muslim League Nawaz (PML-N) on Tuesday while lambasting the Pakistan Tehreek-e-Insaf (PTI) government has announced to consult all the opposition parties to bring an in-house change by launching an anti government drive within the parliament and
Published 26 Dec, 2018 12:00am
CoAS joins Christian community at Rawalpindi's Christ's Church

CoAS joins Christian community at Rawalpindi's Christ's Church

Chief of the Army Staff (CoAS) General Qamar Javed Bajwa joined the Christian community at Christ's Church, Rawalpindi, to take part in the Christmas celebrations, said a press release issued here by Inter-Services Public Relations (ISPR) on Tuesday.
Published 26 Dec, 2018 12:00am
CoAS joins Christian community at Rawalpindi's Christ's Church

CoAS joins Christian community at Rawalpindi's Christ's Church

Chief of the Army Staff (CoAS) General Qamar Javed Bajwa joined the Christian community at Christ's Church, Rawalpindi, to take part in the Christmas celebrations, said a press release issued here by Inter-Services Public Relations (ISPR) on Tuesday.
Published 26 Dec, 2018 12:00am
Mastermind of attack on Chinese consulate killed in Afghanistan

Mastermind of attack on Chinese consulate killed in Afghanistan

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
Published 26 Dec, 2018 12:00am
Destruction of tunnels from Lebanon 'nearly done': Netanyahu

Destruction of tunnels from Lebanon 'nearly done': Netanyahu

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
Published 26 Dec, 2018 12:00am
Baltimore buys back nearly 2,000 weapons from streets

Baltimore buys back nearly 2,000 weapons from streets

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
Published 26 Dec, 2018 12:00am
Eight killed in China as hijacked bus crashes into pedestrians

Eight killed in China as hijacked bus crashes into pedestrians

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
Published 26 Dec, 2018 12:00am
Russia expands economic sanctions on Ukraine

Russia expands economic sanctions on Ukraine

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,
Published 26 Dec, 2018 12:00am
Nawaz shifted to Kot Lakhpat Jail

Nawaz shifted to Kot Lakhpat Jail

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
Published 26 Dec, 2018 12:00am
Nawaz shifted to Kot Lakhpat Jail

Nawaz shifted to Kot Lakhpat Jail

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
Published 26 Dec, 2018 12:00am
Tunisians clash with police after journalist sets himself ablaze

Tunisians clash with police after journalist sets himself ablaze

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
Published 26 Dec, 2018 12:00am
Tunisians clash with police after journalist sets himself ablaze

Tunisians clash with police after journalist sets himself ablaze

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
Published 26 Dec, 2018 12:00am
First freight train under PPP leaves for Lahore

First freight train under PPP leaves for Lahore

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
Published 26 Dec, 2018 12:00am
First freight train under PPP leaves for Lahore

First freight train under PPP leaves for Lahore

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
Published 26 Dec, 2018 12:00am
First freight train under PPP leaves for Lahore

First freight train under PPP leaves for Lahore

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
Published 26 Dec, 2018 12:00am
Pope calls for reconciliation in ME, other war zones

Pope calls for reconciliation in ME, other war zones

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
Published 26 Dec, 2018 12:00am
Pope calls for reconciliation in ME, other war zones

Pope calls for reconciliation in ME, other war zones

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
Published 26 Dec, 2018 12:00am
India's longest road-rail bridge bolsters defence on China border

India's longest road-rail bridge bolsters defence on China border

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
Published 26 Dec, 2018 12:00am
India's longest road-rail bridge bolsters defence on China border

India's longest road-rail bridge bolsters defence on China border

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
Published 26 Dec, 2018 12:00am
Iran says detains 17 for foreign exchange fraud
Currency

Iran says detains 17 for foreign exchange fraud

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.
Published 26 Dec, 2018 12:00am
Iran says detains 17 for foreign exchange fraud
Currency

Iran says detains 17 for foreign exchange fraud

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.
Published 26 Dec, 2018 12:00am
Petroleum and gas prices

Petroleum and gas prices

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
Published 26 Dec, 2018 12:00am
The accountability Verdict

The accountability Verdict

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-
Published 26 Dec, 2018 12:00am
B&R - a revolutionary idea

B&R - a revolutionary idea

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
Published 26 Dec, 2018 12:00am
What does 2019 hold for Syria?

What does 2019 hold for Syria?

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.
Published 26 Dec, 2018 12:00am
Weak Turkish lira draws Greek, Bulgarian shoppers

Weak Turkish lira draws Greek, Bulgarian shoppers

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.
Published 26 Dec, 2018 12:00am
London a theatre of politics?

London a theatre of politics?

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
Published 26 Dec, 2018 12:00am
Pakistan condemns attack in Kabul

Pakistan condemns attack in Kabul

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
Published 26 Dec, 2018 12:00am
Dual nationality: fate of KP-EZDMC's CEO, others hang in the balance

Dual nationality: fate of KP-EZDMC's CEO, others hang in the balance

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
Published 26 Dec, 2018 12:00am
PM vows to ensure equal opportunities for minorities

PM vows to ensure equal opportunities for minorities

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.
Published 26 Dec, 2018 12:00am
Christmas celebrated in settled, tribal areas of KP

Christmas celebrated in settled, tribal areas of KP

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
Published 26 Dec, 2018 12:00am
Accountability process will continue unabated: PTI leaders

Accountability process will continue unabated: PTI leaders

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
Published 26 Dec, 2018 12:00am
JUI-F's long march planned for January 27

JUI-F's long march planned for January 27

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
Published 26 Dec, 2018 12:00am
897 booked on power theft charges in KP

897 booked on power theft charges in KP

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
Published 26 Dec, 2018 12:00am
Sindh CM downplays JIT report, defends subsidies as lawful

Sindh CM downplays JIT report, defends subsidies as lawful

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.
Published 26 Dec, 2018 12:00am
No institute immune from accountability: Mian Iftikhar

No institute immune from accountability: Mian Iftikhar

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
Published 26 Dec, 2018 12:00am
Recent developments offer some hope for Afghan peace: Riaz

Recent developments offer some hope for Afghan peace: Riaz

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
Published 26 Dec, 2018 12:00am
Sheikh Rasheed predicts action against more politicians

Sheikh Rasheed predicts action against more politicians

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
Published 26 Dec, 2018 12:00am
Abusing maids: Amin Kanju arrested from courtroom

Abusing maids: Amin Kanju arrested from courtroom

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.
Published 26 Dec, 2018 12:00am
SC issues contempt notices to Dr Yasmin, others

SC issues contempt notices to Dr Yasmin, others

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
Published 26 Dec, 2018 12:00am
Government urged to reduce mark up rate

Government urged to reduce mark up rate

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
Published 26 Dec, 2018 12:00am
60 percent of cultivable land lying barren: JI chief

60 percent of cultivable land lying barren: JI chief

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.
Published 26 Dec, 2018 12:00am
Hindko moot to begin on January 5

Hindko moot to begin on January 5

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
Published 26 Dec, 2018 12:00am
CJP summons Punjab law, health ministers

CJP summons Punjab law, health ministers

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
Published 26 Dec, 2018 12:00am
Christmas celebrated with religious fervour

Christmas celebrated with religious fervour

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
Published 26 Dec, 2018 12:00am
Demand for food to rise by over 50 percent globally: WRI report

Demand for food to rise by over 50 percent globally: WRI report

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
Published 26 Dec, 2018 12:00am
PTI leader blames Omni-Zardari nexus for poverty in Sindh

PTI leader blames Omni-Zardari nexus for poverty in Sindh

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
Published 26 Dec, 2018 12:00am
Change of Guard ceremony brings PMA Kakul cadets to Mazar-e-Quaid

Change of Guard ceremony brings PMA Kakul cadets to Mazar-e-Quaid

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
Published 26 Dec, 2018 12:00am
Attack on PSP office: MQM founder among seven booked

Attack on PSP office: MQM founder among seven booked

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.
Published 26 Dec, 2018 12:00am
Mild quake jolts Khuzdar

Mild quake jolts Khuzdar

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
Published 26 Dec, 2018 12:00am
Descon GM advocates employable skills to combat poverty, unemployment

Descon GM advocates employable skills to combat poverty, unemployment

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
Published 26 Dec, 2018 12:00am
GGAPCP elects new office-bearers

GGAPCP elects new office-bearers

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
Published 26 Dec, 2018 12:00am
Scholars highlight Quaid's vision, personality

Scholars highlight Quaid's vision, personality

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
Published 26 Dec, 2018 12:00am
Gang of street criminals held

Gang of street criminals held

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
Published 26 Dec, 2018 12:00am
Avanceon Limited
Mutual Funds

Avanceon Limited

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
Published 26 Dec, 2018 12:00am
Avanceon Limited
Mutual Funds

Avanceon Limited

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
Updated 27 Dec, 2018 05:22am
Two-week-long Quaid's portraits' show opens at SBP

Two-week-long Quaid's portraits' show opens at SBP

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
Published 26 Dec, 2018 12:00am
Cold and dry weather forecast for next 24 hours

Cold and dry weather forecast for next 24 hours

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.
Published 26 Dec, 2018 12:00am
Trump vows no end to shutdown until wall funded

Trump vows no end to shutdown until wall funded

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.
Published 26 Dec, 2018 12:00am
Bahrain oil products to be excluded from VAT implementation

Bahrain oil products to be excluded from VAT implementation

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
Updated 26 Dec, 2018 07:20am
Japan government ready to act to curb yen volatility
Currency

Japan government ready to act to curb yen volatility

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
Published 26 Dec, 2018 12:00am
Nigeria resolves $8 billion row with MTN

Nigeria resolves $8 billion row with MTN

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
Published 26 Dec, 2018 12:00am
Queen warns of 'tribalism' in Christmas address

Queen warns of 'tribalism' in Christmas address

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
Published 26 Dec, 2018 12:00am
Bangladesh journalists attacked ahead of poll

Bangladesh journalists attacked ahead of poll

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
Published 26 Dec, 2018 12:00am
Trump blasts US central bank again over rate hikes

Trump blasts US central bank again over rate hikes

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
Published 26 Dec, 2018 12:00am
Suicide attack on Libya foreign ministry kills at least three

Suicide attack on Libya foreign ministry kills at least three

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
Published 26 Dec, 2018 12:00am
Yen, Swiss franc rise as US political uncertainty
Currency

Yen, Swiss franc rise as US political uncertainty

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
Published 26 Dec, 2018 12:00am
Cameroon rebels issue 'virtual revolutionary currency'
Currency

Cameroon rebels issue 'virtual revolutionary currency'

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
Published 26 Dec, 2018 12:00am
China's yuan reaches two-week high, tracking dollar weakness

China's yuan reaches two-week high, tracking dollar weakness

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
Published 26 Dec, 2018 12:00am
Russian rouble down on lower oil prices as stocks also fall
Currency

Russian rouble down on lower oil prices as stocks also fall

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
Published 26 Dec, 2018 12:00am
Nikkei hits 20-month low

Nikkei hits 20-month low

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
Published 26 Dec, 2018 12:00am
10-year JGB yield hits zero

10-year JGB yield hits zero

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.
Published 26 Dec, 2018 12:00am
10-year JGB yield hits zero

10-year JGB yield hits zero

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.
Published 26 Dec, 2018 12:00am
Energy shares pull down TSX

Energy shares pull down TSX

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
Published 26 Dec, 2018 12:00am
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