Economy

  KP govt announces aid package for Sindh drought-hit people

PESHAWAR: The Khyber Pakhtunkhwa government has announced a Rs100 million package for the drought-hit people in Sindh. Chief Minister Pervez Khattak directed PDMA to procure rice, flour, pulses, sugar, tea, cooking oil, dates, salt, potable water, mi...

  Malik Riaz announce Rs 200m for drought-hit Tharparkar people

ISLAMABAD: Bahria Town Chairman Malik Riaz has announced Rs 200 million in assistance to the drought-hit people of Tharparkar. Talking to media, Malik Riaz said that each affected family would get edible items including Ghee, flour, rice and sugar to...

  Dollar stuck in tight range ahead of US jobs data

TOKYO: The dollar moved narrowly against the yen and euro in Asia on Friday as investors await US jobs data later in the day for clues about the state of the world´s largest economy. The US currency fetched 103.00 yen in Tokyo afternoon trade, slight...

  Karachi Stock Exchange ends shade higher

KARACHI: The 100-Index of Karachi Stock Exchange (KSE) Friday finished flat with a meagre gain of 0.19 percent. The benchmark index of the apex bourse rose by 49.70 points to close at 26,892.23 level by the time the closing bell chimed. Overall conso...

  Oil prices up in Asian trade

SINGAPORE: Oil prices rose in Asian trade Friday ahead of the release of a key monthly US jobs report while traders keep an eye on the crisis in Ukraine´s Crimean peninsula. New York´s main contract, West Texas Intermediate for April delivery, rose 1...

  Two agents issuing fake visas arrested in Gujranwala

GUJRANWALA: Federal Investigation Agency (FIA) arrested two agents in Gujranwala for allegedly sending students abroad on fake visas. According to sources, two agents were arrested while more than 50 passports, fake stamps and documents were also rec...

  PM Nawaz inaugurates 'Pakistan Auto Show'

LAHORE: Prime Minister Nawaz Sharif Thursday said that Pakistan’s progress is linked with thriving industry, and the government has been exploring new vistas to provide avenues to the business community for economic progress. Addressing the inaugural...

  Asian shares mixed as leaders hold Ukraine talks

HONG KONG: Asian markets were mixed in edgy trade Thursday as Western and Russian leaders try to broker a deal to end the Ukraine crisis, while Wall Street provided a tepid lead following an anaemic batch of economic data. As the threat of an armed c...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade Thursday on data showing weaker US energy demand as Russia comes under international pressure following its seizure of Ukraine´s Crimea peninsula. New York´s main contract, West Texas Intermediate (WTI)...

  Dollar edges up in Asia after Fed report

TOKYO: The dollar firmed in Asia on Thursday after a Federal Reserve report boosted optimism over the US economy, while investors await a European Central Bank (ECB) policy meeting. The greenback bought 102.48 yen, against 102.33 yen in New York Wedn...

  CNG stations shut for 24 hours in Sindh

KARACHI: All CNG stations in Sindh including Karachi shut on Wednesday at 8 AM for 24 hours under gas load management plan, Sui Southern Gas Company (SSGC) official said. According to SSGC, the CNG refilling pumps would reopen on Friday at 8 AM....

  ANC Dubai, Pakistan sign MoU for power generation plant

ISLAMABAD: A memorandum of understanding (MoU) was signed between the PPIB (Ministry of Water and Power) and the Arab National Construction (ANC) Holding LLC Dubai for construction of two 660 megawatt (1320 MW) coal based power generation plants at P...

  Top 10 carmakers sitting on $221 billion in cash

GENEVA: A new study shows that the top 10 global automakers amassed more than $221 billion (161 billion euros) in cash by the end of 2013 to invest in new products, strategic alliances and other growth strategies. Global consultancy EY said Wednesday...

  Mother fed up by continued starvation kills her 2 children

LAHORE: A mother fed up by persistent starvation, hunger and poverty allegedly killed her two children at Jauhar Town area on Wednesday here, media reported. Police said that the accused strangulated her 8 months old son and 2 years old daughter to d...

  Arms scandal case: Ex-IG among 2 accused put on ECL

PESHAWAR: The federal interior ministry on the advice of Khyber Pukhtunkhaw National Accountability Bureau (NAB) Wednesday put the names of the former IG Malik Naveed and government contractor Arshad Majeed on the Exit Control List (ECL), media repor...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asia Wednesday as fears of an immediate armed conflict in Ukraine receded, but analysts said the presence of Russian-backed troops in the Crimean peninsula continue to support prices. New York´s main contract, West...

  Afghanistan concerned over Pakistan’s plan to construct dam on Kabul-Indus River

The national security council of Afghanistan instructed the ministry of foreign affairs and ministry of finance of Afghanistan to convey the concerns of Afghanistan to World Bank regarding the planned construction of Dasu on Kabul-Indus River. The mi...

  $1 billion assistance to Pakistan proposed in US budget-2015

WASHINGTON: The Obama administration is seeking one billion dollars for Pakistan in its budget proposals for fiscal 2015, which were sent to Congress on Tuesday.The $1bn sought for Pakistan includes $280 million for supporting Pakistani security forc...

  Facebook looks to buy solar drone company: reports

NEW YORK: Facebook is in talks to buy Titan Aerospace, a maker of solar-powered drones, to step up its efforts to provide Internet access to remote parts of the world, according to reports from technology blog Techcrunch and financial news outlet CNB...

  Putin calms war fears but defiant on keeping Crimea

MOSCOW: Russian President Vladimir Putin has calmed fears of an imminent war between Russia and Ukraine's new authorities but also made clear that Moscow has no intention of loosening its new grip on Crimea in defiance of Western anger. Breaking an u...


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Feature / Analysis

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    Man-made air pollution in Asia is exacerbating climate change and link...

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  • Amid construction boom, Myanmar starts to build disaster resilience

    YANGON, Myanmar: The Sule Pagoda Road in downtown Yangon is famous for...

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  • EPA scores big win to limit mercury in power plants

    The Environmental Protection Agency took home a sweeping victory Tuesd...

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  • Asian Pollution Boosts Pacific Storm Power

    Pollution from China's coal-burning power plants is pumping up winter ...

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Opinion

  • Coal Returns to German Utilities Replacing Lost Nuclear

    What’s a beleaguered utility to do when forced by the government to cl...

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  • US Is an Oligarchy Not a Democracy, says Scientific Study

    A study, to appear in the Fall 2014 issue of the academic journalPersp...

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  • An unequal battle

    WHILE going to the Karachi Press Club to attend a press conference cal...

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  • Turtles Change Migration Routes Due to Climate Change

    CAHUITA NATIONAL PARK, Costa Rica : The critically endangered hawksbil...

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