Economy

  Sindh CNG stations to remain closed today

KARACHI: The CNG filling stations in Sindh including Karachi will remain shut on Friday due to a technical fault at one of the gas fields, media reported.   According to the spokesman of Sui Southern Gas Company (SSGC), one of the gas fields is ...

  Oil prices rise in Asian trade

SINGAPORE: Crude prices rose in Asian trade Friday on encouraging US corporate earnings, but analysts warned that worries over demand in the world's top oil-consuming nation would cap further gains. New York's main contract, West Texas Intermed...

  Euro slips in Asia on slowing eurozone business activity

TOKYO: The euro on Friday slipped from two-year highs against the dollar as slowing eurozone business activity weighed on the unit, while the dollar held steady against the yen. The European single currency fetched $1.3793 in Tokyo midday trade...

  Australia strikes deal with Malaysia on asylum-seekers

SYDNEY: Australia said Friday it has struck a deal with Malaysia to disrupt the transit of asylum-seekers through the Southeast Asian nation to Indonesia, where they board boats heading for Australian waters. The arrival of thousands of boatpe...

  NAB to file reference against ex-PM Raja Pervez Ashraf

ISLAMABAD: National Accountability Bureau Chairman Qamar Zaman Chaudhry has given approval to file a reference against former prime minister Raja Pervez Ashraf for misuse of power.   Sources said that the anti-corruption body might arrest the for...

  China offers 3,200 MW electricity to Pakistan

BEIJING: China has offered to export 3,200 megawatt electricity to Pakistan.   The offer was made by Chinese officials during talks with Punjab Chief Minister Shahbaz Sharif.   The Chinese officials said that the project could be completed in thr...

  IMF delegation to arrive Islamabad on October 28

ISLAMABAD: An International Monetary Fund (IMF) delegation would visit Islamabad next week to assess the country's performance over agreed targets before releasing the second loan tranche, sources said. According to the sources, the delegation ...

  Karachi Stock Exchange sheds gains to end flat

KARACHI: Karachi Stock Exchange (KSE) saw a lacklustre day as in spite of big time foreign inflows it took a breather for investors fell for profits by offloading shares at lucratively higher levels.   The benchmark KSE-100 Index rose 0.06 percen...

  Money doesn't grow on trees but gold leaf does: study

SYDNEY: Australian researchers have found minuscule nuggets of gold hidden inside the leaves of eucalyptus trees, in a discovery they say could help prospectors discover new deposits of the precious metal.   Scientists from the Commonwealth Scien...

  NAB finally takes aim at Raja Pervez Ashraf in RPP scam case

ISLAMABAD: The National Accountability Bureau (NAB) will file a supplementary reference against former prime minister Raja Pervez Ashraf in the Rental Power Plants (RPPs) scandal case, media reported.   The NAB chief, Qamar Zaman Chaudhry, has gi...

  Landmark New York club to close after 95 years

NEW YORK CITY: One of New York's best loved music venues, which for nearly a century has hosted stars from Fred Astaire to Madonna, announced Tuesday it would close next year.   The current owners said it had been a "labor of love" to manage the ...

  FBR extends deadline for filing tax returns

ISLAMABAD: Federal Board of Revenue (FBR) has extended the date for filing tax returns for one month. According to the FBR statement issued Wednesday‚ the tax returns can be filed till 30th of November. It is pertinent to mention here that it...

  KSE extends rally hoping strong earnings, better Pak-US terms

KARACHI: Mainly led by oil stocks, Karachi Stock Exchange (KSE) continued to rally for the third consecutive day here on Wednesday.   KSE-100, the benchmark index of the apex bourse rose by 0.53 percent or 116.86 points to close at 22,347.29 mark...

  Berlusconi faces new trial for bribing senator

ROME: An Italian judge on Wednesday ordered Silvio Berlusconi to stand trial for allegedly bribing a senator to join his party's ranks, in the latest legal woe for the former prime minister.   Berlusconi was formally charged along with his former...

  Pakistan received $68 billion in US assistance during 66 years

KARACHI: Pakistan and the US have had a volatile relationship during the last sixty-six years, which saw the flow of US assistance periodically interrupted, yet US during the last 64 years (1948-2012) provided $68 billion in aid and assistance to ...

  NEPRA increases power rates by 32 paisa

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has increased the electricity rates by Rs 0.32 per unit for September under monthly fuel adjustment formula. According to NEPRA, Central Power Purchase Agency had sent the request ...

  Pak-US to ink science, technology cooperation accord extension

WASHINGTON: Pakistan and the US have agreed to the extension of an accord relating to cooperation in science and technology for another five years, media reported. Secretary Foreign Affairs Jalil Abbas Jilani on behalf of Pakistan and the US A...

  Oil extends losses in Asian trade

SINGAPORE: US oil prices extended their losses in Asian trade Wednesday as dealers focused on rising stockpiles that indicate weak demand in the world's biggest economy, analysts said. New York's main contract, West Texas Intermediate (WTI) for...

  US releasing $1.6 bln in Pakistan aid

WASHINGTON: The United States will release $1.6 billion in aid to Pakistan, boosting a flow of assistance that slowed in recent years amid a downturn in relations, an official said Tuesday. The State Department has notified Congress that it int...

  Nokia launches first tablet, new phablets

ABU DHABI: Nokia, whose handset division is to be acquired by Microsoft, launched its first-ever tablet computer in Abu Dhabi on Tuesday.   The Windows 10-inch screen tablet, Lumia 2520, was one of six devices unveiled, including two so-called "...


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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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