Economy

  China frees Japan ship after $28 mn paid in 1930s row

SHANGHAI: China on Thursday released a seized Japanese ship after its owner paid $28 million in compensation, a court said, in a business dispute dating to the 1930s which underlines tensions between the countries. The Shanghai Maritime Court announc...

  Asian stocks mixed on Obama visit, US dip

TOKYO: Asian shares lacked a clear direction in early Thursday trading as players took a mostly wait-and-see view ahead of talks between Japan´s prime minister and visiting President Barack Obama. Adding to the mixed view was the fall on Wall Street ...

  Gold prices edge up for the first time in a week

NEW YORK: Gold prices settled higher for the first time in a week as tensions between Russia and Ukraine give the precious metal some support. Russia warned Wednesday that it would mount a firm response if its citizens or interests come under attack ...

  Oil prices rebound in Asian trade

SINGAPORE: Oil prices rebounded in Asian trade Thursday as heightened tensions in Ukraine overshadowed data showing US commercial crude inventories reaching an all-time high. New York´s West Texas Intermediate for June delivery, was up 30 cents at $1...

  PM Nawaz to visit Gwadar today

KARACHI: Prime Minister Nawaz Sharif will visit Gwadar today (Thursday), media reported. The premier will be given briefing on Balochistan law and order situation besides pace of work on Gwadar economic corridor. Nawaz Sharif will also chair high-lev...

  Civilian, military leadership on same page for development: PM

Gwadar: Prime Minister Nawaz Sharif said Thursday that the civilian and military leadership was on the same page for development in Pakistan. During a meeting over a development project, Prime Minister Sharif expressed commitment to turn Gwadar into ...

  Telenor Pakistan secures 3G license

KARACHI: Telenor Pakistan has secured the next generation spectrum license in the recently held auction, which it believes would take the country to a whole new level of technological advancement. According to a press release issued by Telenor Pakist...

  Australia to buy 58 US F-35s for $11.6bn

SYDNEY: Australia will purchase 58 more F-35 Joint Strike Fighters at a cost of Aus$12.4 billion ($11.6 billion, the government said. The new aircraft will bring Australia´s total JSF force to 72 aircraft, with the first due to arrive in Australia in...

  Oil prices rise ahead of US stockpiles report

SINGAPORE: Oil prices inched higher in Asian trade Wednesday on hopes that a key US stockpiles report would beat bearish forecasts, easing concerns about tepid demand in the world´s top crude consumer. New York´s main contract, West Texas Intermediat...

  Dollar holds steady, eyes on Obama Asia tour

TOKYO: The dollar held steady against the yen in Asia on Wednesday, with traders looking for developments in US-Japan free trade talks as President Barack Obama starts an Asian tour. In Tokyo midday trade, the greenback changed hands at 102.57, a tou...

  ‘3G auction begins today’

ISLAMABAD: The stage is set to hold an auction for the next generation spectrum 3G/4G technology on Wednesday (today) with the expectation to sell out five licences for Rs133 billion.There is also a risk that the offered spectrum of 50 MHz might not ...

  Asian shares mixed, China manufacturing improves

HONG KONG: Asian markets were mixed on Wednesday following another Wall Street rally while a provisional report showed a slight improvement in Chinese manufacturing activity this month. The dollar held on to recent gains against the yen, with traders...

  Pakistan completes 3G,4G license auction

ISLAMABAD: Pakistan has completed eight phase of next-generation cell phone spectrum license auction with no increase in offers after the fourth bid. Four mobile phone companies offered 903, 920,000 dollars in the bidding process. Zong offered 306,92...

  Dollar steady in Asia ahead of US housing data

TOKYO: The dollar held steady in Asia Tuesday ahead of US housing data, while the yen was under pressure after a record Japanese trade deficit boosted speculation of more central bank monetary easing. In Tokyo afternoon trade, the greenback fetched 1...

  Oil prices ease in Asian trade

SINGAPORE: Oil prices dipped in Asian trade Tuesday, but the losses were limited by lingering concerns about the crisis in Ukraine, analysts said. New York´s main contract, West Texas Intermediate for May delivery, was down 20 cents at $104.17 a barr...

  Biden to meet Ukraine leaders as Russia, US trade jabs over crisis

KIEV: US Vice President Joe Biden will meet Ukraine´s new pro-Western leaders on Tuesday in a symbolic show of America´s support for Kiev as Washington and Moscow blamed each other for violating a peace deal to ease the country´s crisis. The meetings...

  US plans to sell Black Hawks to Mexico for $680 mn

WASHINGTON: The Pentagon said Monday it has informed the US Congress that it plans to sell 18 Black Hawk helicopters to Mexico for $680 million. Lawmakers have 30 days as of April 17, when they were notified, to raise any objections. Otherwise, the c...

  Dar directs necessary measures for bringing back prices of potatoes

ISLAMABAD: Federal Minister for Finance Senator Ishaq Dar said on Monday that the government is very serious on keeping the prices of the essential commodities at appropriate level and it will take all necessary steps to devise expeditious mechanism ...

  Iran hangs six Afghans over drugs smuggling charges

Iran has executed at least six Afghans over drugs smuggle charges, local authorities in northeastern Takhar province of Afghanistan said. Provincial governor spokesman, Sunatullah Temori confirmed that six Afghan nationals were executed in Iran. Mr. ...

  Hajj 2014 applications receiving begins from today

ISLAMABAD: The Hajj 2014 applications under the government scheme would be entertained on first come first served basis from Monday. Designated Banks start receiving Hajj applications under Government Scheme today (Monday) official TV reported. Accor...


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Feature / Analysis

  • Afghan Couple Find Idyllic Hide-Out in Mountains, but Not for Long

    HINDU KUSH RANGE, Afghanistan: They eloped from their village in the B...

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  • Guantánamo Bay detainees' release upon end of Afghanistan war 'unlikely'

    US officials indicate fate of inmates captured during the country's lo...

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  • Trailing candidates in Afghan election hold power in deciding next president

    KABUL: Some of the influential politicians who competed in Afghanistan...

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  • Lessons Obtained from Afghan Presidential Polls 2014

    Preface History- When, Nadir Khan, the father of Zahir Shah the last k...

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Opinion

  • Bridging the abyss

    DESCRIBING his experience of blindness, Prof John Hull of Birmingham U...

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  • USAID documents cite Hillary Clinton in chaos of Afghan aid

    Despite waiver, reviews find U.S. money at riskIn internal government ...

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  • Why a Regional Security Force Will Not Work in Afghanistan

    Talk of a new regional force is unrealistic. There is only one way to ...

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  • Afghan election: Why the Taliban will win

    The West invaded Afghanistan, but Pakistan may have been the "true ene...

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