Economy

  Unpaid dues: KWSB moves SHC against KESC

KARACHI: The dispute between Karachi Electric Supply Company (KESC) and Karachi Water and Sewerage Board (KWSB) over the unpaid dues has turned worse as the latter has moved Sindh High Court (SHC) against KESC for persistant load shedding at water...

  Sartaj leaves for Tehran today

ISLAMABAD: Prime Minister’s Advisor on foreign affairs, Sartaj Aziz will leave for Tehran today to attend a meeting of the Economic Coordination Committee (ECO) and to discuss the multi-billion dollars Iran-Pakistan gas pipeline with the top leade...

  US group seeks to block Gilead drug patent in India

NEW DELHI:A US-based patient rights group said Saturday it has sought to block a bid by California-based Gilead Sciences to obtain an Indian patent for a potentially blockbuster drug to treat hepatitis C.   New York's Initiative for Medicines, Ac...

  Sartaj Aziz to visit Iran Tuesday

ISLAMABAD: Prime Minister’s Advisor on Foreign Affairs Sartaj Aziz will visit Iran on Tuesday.   According to Foreign Office the Advisor will participate in the 21st meeting of the ECO Council of Ministers. The meeting will focus on cooperation a...

  Iran nuke deal affords $7bn in sanctions relief: US

WASHINGTON: The United States and its allies will afford Iran with sanctions relief equivalent to $7 billion under the terms of a six-month nuclear deal signed Saturday, the White House said. In a statement laying out its take on the agreement,...

  Indie video games make their mark

PARIS: Indie video games made by tiny teams on even tinier budgets are increasingly competing with the big guys, making inroads on consoles after cutting their teeth on phones and tablets.   While a blockbuster console game by mainstream publishe...

  British AG apologies for Pakistani 'corruption' remarks

LONDON: British Attorney General (AG) Dominic Grieve has apologised for any offence caused when he said corruption was "endemic" in some ethnic minority communities.   Earlier, Grieve told the British Newspaper The Telegraph that the problem was...

  KSE ends a rangebound session on a flat note

KARACHI: Pakistan's apex bourse, Karachi Stock Exchange (KSE), ended a rangebound session on a flat note here on Friday. The benchmark KSE-100 Index jumped 0.27 percent, or 63.39 points, to 23,847.57. The countrywide protest against Rawlpindi tr...

  NAB boss goes on leave after SC ruling

ISLAMABAD: National Accountability Bureau Chairman Qamar Zaman Chaudhry has taken a long leave on the pretext of personal reasons hours after the country’s top court ordered registration of a case against him for creating hurdles in an investigati...

  US jury awards Apple $290mn in retrial against Samsung

NEW YORK CITY: A U.S. jury awarded Apple Inc about $290 million in a damages retrial against Samsung Electronics Co Ltd, restoring a large chunk of a historic verdict the iPhone maker won last year. After a week long trial, the jury deliberated...

  Oil prices fall in Asia

SINGAPORE: Oil prices fell in Asia Friday as euphoria over bullish US economic data quickly wore off and talks on Iran's controversial nuclear programme entered a third day. The US benchmark, West Texas Intermediate for January delivery, fell 2...

  NICL scam: SC orders to register case against NAB chairman, others

ISLAMABAD: The Supreme Court of Pakistan (SC), while announcing the verdict in NICL corruption case, ordered to register case against National Accountability Bureau (NAB) chairman Qamar Zaman Chaudhry for creating hurdles in the investigation proc...

  NICL scam: SC orders to register case against NAB chairman

ISLAMABAD: The Supreme Court of Pakistan (SC), while announcing the verdict in NICL corruption case, ordered to register case against National Accountability Bureau (NAB) chairman Qamar Zaman Chaudhry for creating hurdles in the investigation proc...

  Two fates hinge on NICL verdict

ISLAMABAD: Today's judgment of the apex court in the NICL case will seal the fate of two top Baboos of the Sharifs' regime - Qamar Zaman Chaudhry, chairman NAB, and Abdul Rauf Chaudhry, Federal Tax Ombudsman (FTO) and chairman of commission for ap...

  Dollar extends gains in Asia after Fed minutes

TOKYO: The dollar extended its gains in Asia on Thursday after minutes from the Federal Reserves October meeting showed policymakers were considering cutting its stimulus programme "in coming months".   The greenback climbed to 100.39 yen in Toky...

  Oil prices ease after Iran talks open

SINGAPORE: Oil prices eased in Asia Thursday after talks between Iran and world powers on its disputed nuclear programme opened in Geneva, while signs of rising US demand failed to boost New York’s main contract. West Texas Intermediate crude,...

  Arms scandal: NAB arrests former IG KP Malik Navid

PESHAWAR: National Accountability Bureau (NAB) has arrested former inspector general police Khyber Pakhtunkhwa, Malik Navid, over irregularities in purchase of weapons for police department, media reported. The NAB officials arrested Malik Nav...

  After tomato, potato prices soar in Pakistan

ISLAMABAD: The prices of vegetables particularly potato have gone beyond the reach of common man, media reported. The potatoes were being sold at Rs105 per kg in Islamabad, Rs100 per kg in Peshawar and Rs90 per kg in Karachi. Following the sk...

  KSE 100-share index falls 18 points

KARACHI: Karachi Stock Exchange (KSE) benchmark 100-share index fell 0.08 percent, or 18.46 points, to 23,800.97 on Wednesday. Currencies also affected the local bourse and the market saw profit-taking at the end of the session. Engro Corpora...

  New Islamabad airport to be operative by 2015

ISLAMABAD: The Civil Aviation Authority official, Muhammad Ali Gardezi, has said that the Civil Aviation Authority is actively working on a new Islamabad airport project which sould be completed by 2015. In an interview with state TV he said CA...


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Feature / Analysis

  • SMOG IN INDIA, CHINA IS CHANGING WEATHER PATTERNS IN US, FINDS STUDY

    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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