Economy

  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...

  Karachi Stock Exchange jumps by 356 points

KARACHI: Karachi Stock Exchange (KSE) closed higher at 26,209.38 on Tuesday. The benchmark 100-Iindex rose by 1.38 percent, or 355.84 points. Nishat Mills Ltd rose 4.21 percent to 139.50 rupees while Maple Leaf Cement Factory Ltd was up 3.47 percent ...

  Russia warns could ‘reduce to zero’ economic dependency on US

MOSCOW: Russia could reduce to zero its economic dependency on the United States if Washington agreed sanctions against Moscow over Ukraine, a Kremlin aide said on Tuesday, warning that the American financial system faced a "crash" if this happened. ...

  Dollar gains on upbeat data, Ukraine fears linger

TOKYO: The dollar rose in Asia Tuesday, supported by a pickup in US manufacturing activity, but fears about the escalating crisis in Ukraine hung over currency markets. In afternoon trade the greenback fetched 101.67 yen, up from 101.44 yen on Monday...

  Oil prices mixed

SINGAPORE: Oil prices were mixed in Asian trade Tuesday as investors cautiously watch events in Ukraine, with western powers threatening sanctions against Russia for its military intervention in the region. The United States said it has suspended def...

  Microsoft's Gates reclaims title as world's richest

WASHINGTON: The surging price of Microsoft shares returned US tech tycoon Bill Gates back to the top of Forbes's world's billionaires list, with his $76 billion beating out Mexico's Carlos Slim's $72 billion. The annual list, released Monday, counted...

  For Russia, a weaker energy hand to play in Ukraine

Russia has long used its vast energy supplies for political leverage, but its new conflict with Ukraine could show just how much that power has waned.Twice before, Russia has shut off natural gas shipments through pipelines to Ukraine during fights o...

  Oil prices surge on Ukraine crisis

LONDON: Global oil prices soared to the highest levels this year on Monday as the Ukraine crisis fuelled concerns about global energy supplies, analysts said. Brent North Sea crude for delivery in April rocketed $2.77 to stand at $111.84 a barrel in ...

  Pakistan's economic future tied to Gwadar

ISLAMABAD: Chairman of Senate's National Defence Committee Mushahid Hussain Sayed said on Sunday Pakistan's economic future was linked to the development of Balochistan coast, particularly the port of Gwadar. He urged the government to strengthen and...

  Encroachment of govt lands: Report submitted to SC

KARACHI: A report regarding encroachment of lands in Karachi was submitted to the Supreme Court on Sunday. Senior Member Board Of Revenue Sindh Fazlur Rehman submitted the report that revealed that DHA, Karachi Port Trust, MDA, Port Qasim Authority a...

  Malik Riaz inaugurates mega projects in Rawalpindi

RAWALPINDI: Chairman Bahria Town, Malik Riaz on Sunday performed the inauguration of the builder’s Mega Customer Service Centre and Greenvalley Premium Hypermarket spreading over a 100-canal land area here. According to the Bahria Town spokesman, the...

  London: Man gets two-year imprisonment in money laundering case

LONDON: A man has been awarded two-year imprisonment in money laundering case in London, sources.Inbisat Malik, accused found guilty in money laundering case, is said to be a relative of an important Pakistani political figure.Inbisat was sentenced o...

  POL prices, except petrol price cut by Rs2.73, maintained

ISLAMABAD: The government has reduced the price of petrol by Rs2.73 per litre and maintained the prices of High Speed Diesel, Kerosene Oil, Light Diesel Oil and High Octane of Blending Component at the existing level.The decision to provide relief wa...

  Sindh CNG stations reopen after 24 hours closure

KARACHI: All CNG station in Sindh reopened today (Saturday) at 8:00 AM after 24 hours closure, media reported. CNG outlets were shut on Friday at 8:00 AM under gas load management plan. According to Sui Southern Gas Company (SSGC), all CNG pumps resu...

  KSE calls it a week on a whopping note

KARACHI: Powered by Pakistan State Oil Co Ltd's (PSO) surprise earnings coupled with a handsome payout, the Pakistani capital market closed week on a recovery note on Friday.The 100-Index of the Karachi Stock Exchange (KSE) mustered up gains to the t...

  Nawaz vows to end loadshedding

ISLAMABAD: Prime Minister Nawaz Sharif on Friday said that his government would even remove traces of loadshedding from Pakistan. He, however, said the loadshedding could have been ended within three years if the previous government had worked for th...

  Petrol price reduced by Rs2.73 per litre

ISLAMABAD: The rate of petrol has been reduced by Rs2.73 for every litre sold during the month of March, said a handout issued by Ministry of Finance. According to the statement, Prime Minister, Mian Nawaz Sharif, has sanctioned an extension to the e...


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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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