Economy

Google shares hit record high

SAN FRANCISCO: Google Inc shares set an all-time high on Monday, with the Web giant's reliable advertising business back in vogue among Wall Street investors disenchanted with younger social media companies. The stock reached $748.90 in afternoon tra...

Govt prepares draft for Swiss letter

ISLAMABAD: The government has prepared a draft of the letter intended to be sent to the Swiss authorities, following the orders of the Supreme Court in the case of National Reconciliation Ordinance (NRO) implementation, it has been learnt. According ...

Jamshoro power plant Unit 4 breaks down

JAMSHORO: Power supply to parts of Sindh has been struck by a setback, as three out of four units of Jamshoro Thermal Power Plant now stand dysfunctional, media reported Sunday. According to details, a boiler leakage led to the closure of Unit # 4 at...

BoK assets reach Rs73 billion

PESHAWAR: The Managing Director Bank of Khyber (BoK) Bilal Mustafa said on Saturday that BoK’s assets reached Rs73 billion in August 2012. He said that Rs717 million profit after tax by the end of August 2012 shows the confidence of general public on...

Petrol price hiked by Rs1.73/litre

ISLAMABAD: The ministry of finance has approved an increase in petrol price by Rs1.73 per litre, while price-cuts have been announced in other petroleum products from 24th of September (Monday) under the weekly revision in POL prices. The prices of c...

Roshan Secures 3G License for Afghanistan

Further expanding innovative data services KABUL, Afghanistan: Roshan, Afghanistan's leading total communications provider, today announced that the Ministry of Telecommunications and Information Technology (MCIT) has issued the company with a licen...

Indian PM heckled over reforms

NEW DELHI: Security men muscled away a protester who heckled Indian Premier Manmohan Singh on Saturday as he was about to deliver a speech defending contentious reforms aimed at reviving a flagging economy. The man, identified by state media as a Sup...

Flood affectees await relief

KARACHI: The administration has failed to drain water accumulated in several areas of Southern Punjab, Sindh and Balochistan following monsoon rains and floods. In the Sadiqabad area of Dera Ghazi Khan, several feet of water is accumulated while in R...

Petrol price likely to go up from Monday

ISLAMABAD: Petrol prices are expected to increase by Rs 1.75 per liter whereas a price cut is expected in other petroleum products from Monday 24th September under the weekly modification of petroleum product prices. Oil and Gas Regulatory Authority ...

China donates 100 ambulances to Afghanistan

KABUL: The government of China donated 100 ambulances to Afghanistan's Public Health Ministry on Thursday, Public Health Ministry said in a statement released here. "The People Republic of China donated 100 new ambulances worth 4 million U.S. dolla...

Afghanistan's Karzai targets governors in anti-graft fight

KABUL: President Hamid Karzai is considering sacking or moving the governors of a fifth of Afghanistan's 34 provinces as part of a shakeout of corrupt or underperforming officials aimed in part at soothing foreign donors. Karzai is likely to replac...

Long queues for iPhone 5 rollout

TOKYO: Apple's iPhone 5 hit stores in a festive global rollout Friday, with long queues of devotees undeterred by a lukewarm welcome from experts for the smartphone and complaints about its new mapping system. The lines of eager fans outside retail s...

Oil rebounds in Asia

SINGAPORE: Crude rose in Asia Friday on rumours that talks were under way to provide fresh help for the struggling Spanish economy, analysts said. New York's main contract, light sweet crude for delivery in November, gained 61 cents to $93.03 and Bre...

Pakistani stocks end lower; rupee strengthens

KARACHI: Pakistani stocks ended lower on Thursday as investors remained cautious about the security situation in Pakistan. The Pakistani government declared Friday a holiday and a national day of mourning after Pakistani citizens protested against ...

Business community reposes confidence in Sayeed’s leadership

Attock: The Attock Chamber of Commerce and Industry (ACCI) on Thursday reposed full confidence in the leadership of Tariq Sayeed whose lifetime services have earned him unparalleled respect on national and global level.It was Mr. Sayeed who united th...

Petrol, CNG stations closed on Friday

ISLAMABAD: The Government has issued an official notification, announcing Friday a Public Holiday in lieu of Yaum-e-Ishq-e-Rasool (Day of Reverence for the Holy Prophet PBUH), media reported. Petrol Pumps and CNG Stations will remain closed across th...

KSE-100 index ends 136.02 points lower

KARACHI: Karachi Stock Exchange (KSE) ended lower on Thursday as investors remained cautious about the security situation in the country. The government declared Friday a holiday and national day of mourning after Pakistani citizens protested against...

India-Pakistan commerce secretary talks begin

ISLAMABAD: The two-day secretary level talks over trade between India and Pakistan began here on Thursday, DawnNews reported. Commerce Secretary Muneer Qureshi was holding talks with his Indian counterpart S R Rao. The high-level 19-member Indian d...

Rare coloured diamonds displayed in HK

HONG KONG: A mining giant is showcasing dozens of the world's rarest diamonds in Hong Kong, as it seeks to tap into the booming Chinese jewellery market. The 75 pink, red and blue diamonds are being shown at a private exhibition by Anglo-Australian m...

Oil falls in Asia

SINGAPORE: Oil prices fell in Asia on Thursday after data showed manufacturing activity in the world's largest energy consumer China contracting for the 11th straight month. New York's main contract, light sweet crude for delivery in October slid 91 ...

«Previous