Economy

  Asian shares mixed ahead of US jobs data

HONG KONG: Asian markets were mixed in cautious trading on Tuesday as investors awaited the release of delayed US September jobs data later in the day. The dollar edged up against the yen, returning to its upward trend after this month's Washi...

  Oil extends losses

SINGAPORE: US crude oil prices stayed below $100 in Asian trade Tuesday as investors digested a steep increase in stockpiles following slow refinery activity, analysts said. New York's main contract, West Texas Intermediate (WTI) for delivery i...

  India strikes LNG import agreement with Russia

MOSCOW: Indian Prime Minister Manmohan Singh failed Monday to strike a long-delayed nuclear power deal with Russia during talks with President Vladimir Putin that also focused on big arms and energy deals. † However, Indian foreign Secretary said...

  US government shutdown hurt Republicans' image: poll

WASHINGTON: The recent shutdown of the US government has taken a stinging toll on the image of the Republican Party, according to a poll published on Tuesday. The Washington Post-ABC News survey showed the public's opinion of the party has sun...

  SC asks NEPRA to explain how it worked out tariff formula

ISLAMABAD: Chief Justice Iftikhar Muhammad Chaudhry Tuesday told National Electric Power Regulatory Authority (NEPRA) to explain as to how it determined the formula for power tariff hike following the directive of the government. Presiding ove...

  Apple unveils thinner, lighter 'iPad Air'

SAN FRANCISCO: Apple on Tuesday unveiled a slimmer version of its top-selling full-size tablet computer, dubbed the "iPad Air," along with a revamped iPad Mini with an improved high-definition display. † The new iPad Air is 43 percent thinner tha...

  Stocks at local bourse gain 155 points

KARACHI: Stock prices at Karachi Stock Exchange (KSE) registered gains on Monday, as the benchmark KSE 100-share Index closed 155 points higher at 21,754. † Traders took fresh positions in various scrips following the holidays of Eid-ul-Azha, rai...

  Asian shares rise after Wall St rally

HONG KONG:Asian markets mostly rose on Monday, with sentiment buoyed by last week's deal in Washington to avert a default as well as a record close on Wall Street. The yen slipped against the dollar and euro in afternoon trading after data sho...

  POL prices expected to decrease next month

ISLAMABAD: The price of petroleum products are expected to decrease next month. † According to Petroleum Ministry sources, per litre price of petrol will decrease by Rs3.50, high speed diesel by Rs0.50, high octane by Rs4.00 and kerosene oil by R...

  People be taken onboard over fixing power tariff: CJ

ISLAMABAD: Chief Justice of Pakistan Iftikhar Muhammad Chaudhry Monday remarked that the government must take people onboard while fixing power tariff, otherwise, people would raise questions on governmentís practice of simultaneously undertaking ...

  Oil prices up

SINGAPORE: Oil prices edged higher in Asian trade Monday as dealers await long-delayed US economic data for clues about the health of the world's largest crude consumer, analysts said. New York's main contract, West Texas Intermediate for deliv...

  Punjab, Turkish Cooperation and Coordination Agency sign MoU

ISLAMABAD: Chief Minister Punjab Mian Shahbaz Sharif has said that partnership between Punjab Government and Turkey will create new vistas of cooperation. † He was speaking on the eve of signing of Memorandum of Understanding (MoU) between Punja...

  Titanic violin sold for world record $1.4 million

LONDON: The violin played by the Titanic's bandmaster as the ship sank beneath the waves sold at auction for £900,000 ($1.45 million, 1.06 million euros) on Saturday, a world record for memorabilia from the doomed liner. Wallace Hartley's viol...

  US quietly releasing $1.6 billion in Pakistan assistance

WASHINGTON: The U.S. has quietly decided to release more than $1.6 billion in military and economic aid to Pakistan that was suspended when relations between the two countries disintegrated over the covert raid that killed Osama bin Laden and dead...

  Pakistan needs $76.19 billion to pay off debts: IMF

WASHINGTON: Pakistan requires $76.19 billion (Rs8 trillion) or 30 percent of its per annum GDP in order to pay off its maturing debt, estimates the IMFís Fiscal Monitor Report. † This places Pakistan firmly at the top of the list of indebted emer...

  Gold price hits Rs 53,500

KARACHI: Price of gold hit Rs53500 per tola on Saturday with an increase of Rs1,900, media reported. † The price of the precious metal rose to Rs 47,857 per 10 gram with an increase of Rs1628....

  Pakistan gets $ 322 million in CSF dues from US

ISLAMABAD:The State Bank of Pakistan has received an amount of $322 million under the Coalition Support Fund (CSF) from the United States of America. It must be noted here that Minister for Finance, Senator Ishaq Dar, during the annual meeting...

  5 KG heroin seized from PIA London-bound flight

KARACHI: Five kilograms of heroin were recovered from a London-bound Pakistan International Airlines (PIA) flight. † According to Customs officials, action was taken after the Customs Drug Enforcement received information of drugs being smuggled o...

  Oil edges higher

SINGAPORE: Oil prices rose in Asian trade Friday on upbeat economic growth data from China, but concerns over the stop-gap deal to avert a disastrous US debt default capped gains, analysts said. New York's main contract, West Texas Intermediate...

  Google stock surges on gains in profit, revenue

SAN FRANCISCO: Google said Thursday its quarterly profit jumped to $2.97 billion on rising revenue, causing the Internet giant's stock to climb in after-market trades. Google said that it took in revenues of $14.89 billion in the quarter that ...


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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

    Whatís 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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