Economy

  IBM deepens move into computer defense

SAN FRANCISCO: IBM on Monday moved deeper into defending business computers with a new service aimed at thwarting hackers before they do damage. "The need for security to become part of our strategy has been natural," IBM vice president of security s...

  Forex reserves to reach $15 bn by Sept 30: Dar

ISLAMABAD: Finance Minister, Ishaq Dar Sunday said that the foreign exchange reserves of the country have stand at 12 billion dollars and they will reach 15 billion mark by September 30. He said this while talking to the CEO London Exchange, Rolet Xa...

  Hong Kong stocks open 0.29 percent down

HONG KONG: Hong Kong stocks slipped 0.29 percent in early exchanges on Monday following losses on Wall Street at the end of last week while investors await the release of Chinese manufacturing data later in the day. The benchmark Hang Seng Index edge...

  Crude prices mixed in Asia

SINGAPORE: Oil prices were mixed in Asian trade Monday after the crisis in Ukraine escalated over the weekend and data showed Chinese manufacturing activity contracted at a faster rate than initially thought. The US benchmark, West Texas Intermediate...

  Dollar down in Asian trade

SINGAPORE: The dollar weakened in Asian trade Monday following a mixed US jobs report last week while traders await the congressional testimony of the head of the Federal Reserve later in the week. The dollar was at 101.91 Japanese yen in Singapore m...

  Stocks decline as KSE-100 Index drops 291 points

KARACHI: Stock prices witnessed a drop as Karachi Stock Exchange (KSE) closed lower on Monday, with the benchmark 100-share index of the Karachi Stock Exchange falling 1.01 percent, or 291.50 points, to 28,629.63. Institutional selling in United Bank...

  Cargo ship sinks, 12 missing near Hong Kong

HONG KONG: Twelve crew members from a Chinese cargo ship are missing after it collided with a container vessel and sank just outside Hong Kong waters on Monday, authorities said. The collision happened in the early hours of the morning near Po Toi Is...

  2 die, dozens missing in migrant shipwreck: Greek coastguard

ATHENS: Two migrants have drowned and dozens more are missing after their boats capsized in the Aegean, Greece´s coastguard said on Monday. Some 65 migrants of unknown nationality had attempted to cross the Aegean from neighbouring Turkey when their ...

  PM has directed to decrease load shedding: Abid

ISLAMABAD: State Minister for Water and Power Abid Sher Ali said Monday that Prime Minister Nawaz Sharif had taken notice of the long hours of load shedding in several parts of the country and directed to decrease its duration. During a news conferen...

  Growth rate to remain over 4pc this year: Dar

ISLAMABAD: Finance Minister Ishaq Dar on Sunday expressed hope the national economy would grow by over 4 per cent during the current fiscal year (2013 14). Inflation would remain in a single digit spurred by growth in both agricultural and industrial...

  Pakistan receives $400mn from ADB

Islamabad: Pakistan has received US 400 million from the Asian Development Bank (ADB) on account of support to the Government of Pakistan’s ongoing reforms to tackle the country’s chronic energy crisis on Saturday. In recognition of government’s comm...

  Tokyo shares open 0.24 percent lower

TOKYO: Tokyo stocks fell 0.24 percent at the opening Friday after US shares finished mixed ahead of a closely watched monthly jobs report. The benchmark Nikkei 225 index lost 34.09 points to 14,451.04 in early trade. Analysts are on the watch for Fri...

  Dollar higher in Asia before US jobs data

TOKYO: The dollar strengthened against the yen and euro in Asia on Friday as upbeat comments from the Federal Reserve and positive data supported the unit ahead of key US jobs figures later in the day. In afternoon Tokyo trading the greenback fetched...

  Oil prices turn lower in Asian trade

SINGAPORE: Oil prices turned lower in volatile Asian trade on Friday after US crude stockpiles surged, with investors keeping an eye out for further clues on the health of the US economy. New York´s West Texas Intermediate for June delivery was down ...

  Bill Gates on track to own no Microsoft stock in four years

SEATTLE: Bill Gates, the former chief executive and chairman of Microsoft Corp, will have no direct ownership in the company he co-founded by mid-2018 if he keeps up his recent share sales. Gates, who started the company that revolutionized personal ...

  PM Nawaz says will end power, gas crisis within next few years

LONDON: Prime Minister Nawaz Sharif has said that his government will address issues of electricity and gas shortage within few years. He said that there was an increase in power generation and the situation will start improving within next few month...

  Turkey sends aid to 750 flood victims in Afghanistan

According to reports, Turkey’s humanitarian relief agency – Turkish Coordination and Cooperation Agency (TIKA) has sent aid to hundreds of flood victims in Afghanistan. The agency officials said Monday that the aid included flour, rice, pasta, oil, t...

  China holds mine-sweeping training for Afghanistan

NANJING: International humanitarian mine-sweeping communication and training for Afghanistan, started Monday in Xuzhou, Jiangsu Province. Ninteen Afghani trainees, from military and civil mind-sweeping organizations will be trained as a part of trust...

  Ariana Afghan Airlines informs of 16% growth in revenue

The state-run Afghan Airlines Company – Ariana Afghan Airlines officials informed of 16 percent increase in revenue during the first four months of the current year. Ariana Afghan Airlines Chief, Nasir Ahmad Hakimi told reporters that the sales of Ar...

  New Malaysian budget airport opens amid MH370 mystery

SEPANG: Malaysia on Friday officially opened a new airport built specifically for the fast-growing budget-travel sector, but with the country´s aviation industry under deep scrutiny over the loss of missing flight MH370.The much-delayed new facility ...


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Feature / Analysis

  • Does Israel know the meaning of

    The siege of Gaza is entering its third week and the Palestinian death...

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  • What Are You Trying To Hide, Mr. Obama?

    Western leaders and their media would have us believe that Russian-bac...

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  • Blinded by Israel, Visionless in Gaza

    The Power and the IgnominyThe US Senate votes unanimously to defend Is...

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  • The Israeli Pogrom of Gaza

    Political BestialityLet’s start with terms: “bestiality,” bestial is m...

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Opinion

  • Opportunities Lost With Election Delays

    This year's election has dragged-out longer than any other similar pro...

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  • Exclusive: A US-backed militia runs amok in Afghanistan

    Afghan militias have accumulated a lengthy record of human rights abus...

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  • Terrorists Still Thrive in Pakistan: NDS

    Afghan intelligence officials have maintained that the recent offensiv...

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  • Hinduism in a Tizzy

    Muslims are least interested in what happens to the latest Dharmayudh ...

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