Economy

  Fifth anniversary of HKSCA celebrated

HOUSTON: Mayor Annise Parker of Houston seems to be keen to lead a high profile business and investment delegation to Karachi and other cities of Pakistan; and to make this a fruitful reality, Consul General of Pakistan Afzaal Mahmood said. Expressin...

  Karachi fire gutted goods worth millions

KARACHI: The fire erupted on the first floor of the Rainbow centre in Saddar early morning on Friday here gutted goods worth millions before it could be controlled, media reported. Fire Brigade on information initially sent two fire tenders and later...

  Pakistani stocks end higher

KARACHI:Pakistan’s main stock exchange closed higher on Thursday, with the benchmark 100-share index of the Karachi Stock Exchange rising 1.45 percent, or 404.34 points to 28,336.36. Continuous foreign and local fund managers´ support index kept risi...

  Chemco Industrial water treatment celebrates 10 years of services

KARACHI: Chemco Industrial Water Treatment (IWT) celebrated 10 years of successfully providing water treatment chemicals and support services. To mark the decade of success, a Service Awards Ceremony was organized on March 31, 2014, which was attende...

  Tokyo shares up 0.87 percent by break

TOKYO: Tokyo shares rose 0.87 percent Thursday morning after another strong performance on Wall Street, where the S&P 500 ended at a fresh high. The headline Nikkei 225 index added 130.14 points to 15,076.46 by the break, while the Topix index of all...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade Thursday as investors weighed a surprisingly robust US stockpiles report with an expected return of Libyan supply after a months-long disruption in exports, analysts said. New York´s West Texas Intermed...

  Agreement inked for exploring iron ore in Chiniot

LAHORE: Punjab government and a Chinese company have inked an agreement for exploring iron reserves in Rajua (Chiniot). According to the agreement, the Chinese company will give final opinion about the quality and quantity of iron deposits within 10 ...

  Microsoft launches 'Cortana' smartphone assistant

SAN FRANCISCO: Microsoft on Wednesday took on Apple's Siri and Google Now with a smartphone personal assistant dubbed "Cortana," gleaned from a character in the hit Xbox video game "Halo." Windows Phone vice president Joe Belfiore introduced Cortana ...

  Woman pays $200 bill with coins, town says no more

ERIE: A Pennsylvania township is asking residents to keep the change. Officials in Millcreek Township, along with its water and sewer authorities, have adopted a policy limiting how much change they'll accept from residents paying sewer bills and oth...

  Javed Malik to address Leader's Summit today

ISLAMABAD: Prime Minister's Special Envoy Ambassador Javed Malik who is also the President of Diplomat Business Club (International) will be the keynote speaker on the second session of the "The Leader's Summit" being held here in April . During the ...

  Tokyo stocks close up 1.04 percent

TOKYO: Tokyo shares rose 1.04 percent Wednesday, tracking a rally on Wall Street following solid manufacturing data and a Federal Reserve assurance of support for the US economy. The headline Nikkei 225 index added 154.33 points to close at 14,946.32...

  Cathay Pacific introduces Regional Business, Economy Class for Karachi

KARACHI: Cathay Pacific Airways has introduced Regional Business and Economy Class seats for its passengers flying from Karachi to Bangkok and Hong Kong. The airline has made the new services available from March 30, 2014. “Pakistan is an important m...

  Advance Telecom gets one million likes on Facebook

KARACHI: Advance Telecom, official partner of Nokia, has received one million likes on its Facebook page. The company has become the first to achieve this feat in the mobile handset distributor sector and that too in a short span of time. Today socia...

  Lawmaker says Karachi’s W-11 minibus is better than PIA

ISLAMABAD: Discussing the sorry state of affairs of Pakistan International Airlines (PIA), a lawmaker on Wednesday went on to compare the national flag carrier with Karachi’s famous minibus W-11. The minibus is also known to take the passengers to th...

  CNG stations in Sindh to remain shut for 24 hours

KARACHI: All CNG stations in Sindh including Karachi would remain shut for 24 hours from Wednesday 8 AM to Thursday 8AM. According to Sui Southern Gas Company (SSGC), the closure takes place under gas load management plan....

  Trying to sell small arms, fighter jets to Saudi Arabia: Sartaj

LONDON: Adviser to the Prime Minister on Foreign Affairs and National Security Sartaj Aziz has said Pakistan wants to strike a balance between Saudi Arabia and Iran to ease tensions between the two countries. In an interview with BBC's Urdu Service, ...

  Apple says Samsung knew iPhone would be big seller

SAN JOSE: Samsung knew Apple's iPhone would be a big seller when it first went on the market, but the South Korean company didn't have a product that could compete so it stole Apple's technology, an attorney for Apple told jurors on Tuesday. "The evi...

  Mithi death toll rises to 212, as one more child dies

MITHI: One more girl child died due to malnutrition taking the total death toll to 212 in Civil Hospital here, media reported on Tuesday. Sources said that the patients’ rush in the hospital still continues, as over 40 children seriously ill are pres...

  Oil prices dip

SINGAPORE: Oil prices dipped in Asian trade Tuesday as reports of a partial withdrawal of Russian troops along the Ukrainian border raised hopes of an easing in the worst East-West standoff since the Cold War. New York´s West Texas Intermediate (WTI)...

  Sindh Assembly approves bill seeking traffic fines increase

KARACHI: A bill seeking an increase in traffic fines was approved by the Sindh Assembly on Monday. There will be an Rs150 fine for riding a motorcycle without a helmet while drivers will be fined Rs500 for making wrong turns. The fine for vehicles wi...


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Feature / Analysis

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

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Opinion

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

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