Economy

  Ex-servicemen serving in police complain of decrease in salaries

PESHAWAR: About 2500 ex-servicemen employed with the police in Malakand division Wednesday complained of decrease in their salaries over the years and demanded the government and chief justice Peshawar High Court to take notice of the issue. Addressi...

  3 tons of seized illegal ivory crushed in Paris

PARIS: France is crushing more than 3 tons of illegal ivory in Europe´s first destruction of a stockpile of the banned elephant tusks. Thursday´s pulverization is intended to send a message to poachers and traffickers that preservationists hope will ...

  ANF seizes heroin at Karachi port

KARACHI: Anti-Narcotics Force (ANF) Karachi on Thursday seized high-quality heroin at a local seaport. According to the ANF spokesman, about 85 kg high-quality heroin worth billions of rupees value in international market were seized at the Karachi p...

  Finance minister Ishaq Dar calls on his UAE counterpart

ISLAMABAD: Minister for Finance Senator Ishaq Dar said on Wednesday that the government put the economy on the right track through the enforcement of financial discipline. He said problems confronting the economy will be tackled very soon.Ishaq Dar, ...

  Pakistan hopes to sign cut-price gas deal with Qatar

ISLAMABAD: Pakistan will send officials to Qatar this month aiming to sign a liquefied natural gas (LNG) deal at a discount to help alleviate its power supply crisis, a Pakistani official said. There have been widespread public protests in Pakistan r...

  IHC annuls govt decision to suspend gas supply to CNG outlets

ISLAMABAD: Islamabad High Court (IHC) has declared null and void the decision of the government to suspend gas supply to Compressed Natural Gas (CNG) for indefinite period, media reported. The IHC was hearing CNG closure case here on Thursday. The co...

  London Tube strike disrupts commute for millions

LONDON: Millions of commuters faced delays and disruption on Wednesday after Tube staff went on strike over plans to close London Underground ticket offices. The 48-hour walk-out on the network, which carries one billion passengers a year, led to thr...

  US drugstore chain to stop tobacco products sales

CVS Caremark, America's second-largest drugstore chain, is quitting selling tobacco products at its more than 7,600 US drugstores as it focuses more on providing health care. The Massachusetts-based company said Wednesday that it will phase out cigar...

  Four schemes inaugurated in Landikotal

LANDIKOTAL: Political Agent Shahab Ali inaugurated four different schemes here on Tuesday. Shahab Ali Shah formally inaugurated new court-room, community hall and Shaheed Murtaza checkpost in Landikotal. Muhammad Tayyab Abdullah, Malik Darya Khan, Ma...

  Oil price extends gains in Asia on cold US weather

Singapore: The price of oil rose Wednesday in Asia on prospects US demand will hold up amid cold weather, offsetting worries about a slowdown in emerging economies. Benchmark US crude for March delivery was up 59 cents to $97.78 a barrel at 0735 GMT ...

  Emerging market wobble won't derail US stocks

NEW YORK: It'll take more than a wobble in emerging markets to derail the rally in the U.S. stocks, analysts say. Strategists who follow stock markets in the U.S. and overseas say there is no reason to panic as the Standard & Poor's 500 index slumps....

  Asian shares higher on modest rebound in Japan

TOKYO: Asian stocks were mostly higher Wednesday as wary investors took heart from the recovery overnight in European and U.S. markets, but there wasn´t much bounce to the rebound. Japan´s Nikkei 225 rose 0.4 percent to 14,061.20 by midday, after dro...

  Microsoft names cloud computing chief Satya Nadella as next CEO

LOS ANGELES: As longtime Microsoft insider Satya Nadella takes the company's helm, he is declaring a new focus on a "mobile-first, cloud-first world." So far, he only has the latter half of the formula figured out. Microsoft and its new CEO are at a ...

  Ghost, substandard paramedical institutes to face action: official

PESHAWAR: The Khyber Pakhtunkhwa government has decided to take action against the ghost and substandard paramedical institutes in the province and for the purpose special inspection teams comprising senior doctors and professors have been formed. Th...

  NAB submits references in OGRA scam, Sadiq appointment cases

ISLAMABAD: The National Accountability Bureau (NAB) has submitted references of the cases pertaining to the Oil and Gas Regulatory Authority (OGRA) multi-million scam and the appointment of its former chairman Tauqir Sadiq in the accountability court...

  OGRA Chairman appointment case: Accountability court issues notices to accused

ISLAMABAD: The National Accountability Bureau (NAB) submitted references of the cases pertaining to the Oil and Gas Regulator Authority (OGRA) multi-million scam and the appointment of its former chairman Tauqir Sadiq in the accountability court. NAB...

  London faces two-day Underground strike chaos

LONDON: London faces travel chaos on Tuesday when workers on the Underground railway go on strike for 48 hours to protest the closure of ticket offices with the loss of hundreds of jobs. Talks between the government and two unions behind the strike o...

  US stock market plunges on global growth concerns

NEW YORK: The U.S. stock market had its worst day in more than seven months, and the Dow Jones industrial average plunged more than 320 points, as reports of sluggish U.S. growth added to worries about the global economy. The Dow fell 326.05 points, ...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade on Tuesday weighed down by concerns over weak manufacturing data from the United States and China, the world's top two economies. US benchmark West Texas Intermediate (WTI) for delivery in March gained ...

  Lahore toy factory gutted by late-night fire

LAHORE: A plastic toy-making factory Monday night was gutted after a fire, sparked by an electric short-circuit, turned into an inferno before the fire brigade could even reach the spot, media reported. Reports say a small industrial unit located on ...


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Feature / Analysis

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Opinion

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  • Dodging a Coup in Kabul, For Now

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  • Democracy is about more than elections for Afghanistan

    With John Kerry’s announcement that the two men vying to be the next A...

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