Economy

  Oil up in Asian trade

SINGAPORE: Oil rose in Asian trade Tuesday on concerns over possible US military action against Syria after Washington warned President Bashar al-Assad's regime it would face action over an alleged chemical weapons attack. New York's main cont...

  Asian stocks suffer from fears of Syria intervention

HONG KONG: Asian markets were mostly lower Tuesday, tracking losses in Wall Street amid fears of US military intervention in Syria.   US Secretary of State John Kerry warned Syria it would face action over the "moral obscenity" of a chemical weap...

  Pakistan to receive $12 billion in 3 years: Dar

ISLAMABAD: Enumerating several economic indicators that have shown positive improvement, Finance Minister Senator, Mohammad Ishaq Dar said Pakistan would get about $12 billion in next three years from international financial institutions.   The ...

  Emerging Asia currencies up after poor US data

TOKYO: Currencies continued their will-they-won't-they dance over the Federal Reserve stimulus climbdown in Asian trade Monday after poor US new-home data offered some support to emerging market units. The Indian rupee, which tumbled to a recor...

  Karachi stock seen upbeat

KARACHI: Karachi Stock Exchange (KSE) was seen upbeat on Monday, the first day of the trading week, when the investors mostly preferred buying profitable shares, media reported.   The benchmark KSE-100 index on one occasion during the trading was...

  Oil prices up in Asian trade

SINGAPORE: Oil prices climbed in Asian trade Monday as disappointing US housing data tempered expectations of stimulus tapering by the Federal Reserve. New York's main contract, West Texas Intermediate for delivery in October, rose 36 cents to...

  Buying in blue chips pushes KSE 207 points up

KARACHI: KARACHI: Karachi Stock Exchange (KSE) was seen upbeat on Monday, the first day of the trading week, when the investors mostly preferred buying profitable shares, media reported.   The KSE 100-share Index registered a gain of 207.56 point...

  4 Wapda stations trip; shortfall up by 805MW

ISLAMABAD: Four of the power stations of WAPDA have gone out of order after developing a technical fault, increasing the electricity shortfall by 805 mega watts, media reported Sunday.   According to a spokesman of Water and Power Ministry, the a...

  Lahore police crackdown on loadshedding protesters, 20 held

LAHORE: Police on Suday arrested twenty persons vehemently protesting against prolonged unannounced electricity loadshedding causing immense hardship and misery to the area people here, media reported.   According to details, hundreds of angry pe...

  Google buys virtual imaging patents from Foxconn

SAN FRANCISCO: Google has bought virtual imaging patents from Taiwanese supplier Foxconn that could be used in its interactive "Google Glass" devices, according to a document acquired by AFP on Saturday.   No details were released on the amount o...

  Gaddani Power Project vital for Pakistan: Nawaz

HUB: Prime Ministre Nawaz Sharif on Saturday directed authorities concerned to expedite work on Gaddani Power project as it was vital for Pakistan.   He said this while chairing a meeting of Steering Committee of the Gaddani Power Park on Saturd...

  Afghanistan Plans to Export Gas to Tajikistan

Omar Zakhilwal, the Afghan Finance Minister, met with Gul Sherali, the Energy and Industry Minister of Tajikistan, on Sunday to discuss the plans for exporting gas from Jawzjan province to Tajikistan. Mr. Zakhilwal met with Mr. Sherali while vi...

  Nawaz says Gwadar can be given status like Hong Kong

ISLAMABAD: Prime Minister Nawaz Sharif said on Friday that special laws could be introduced to grant Gwadar a similar status like that of Hong Kong.   Speaking after receiving a briefing on the Gwadar-Kashgar project, Prime Minister Sharif said ...

  LHC moved for early completion of IP gas project

LAHORE: A petition has been submitted in Lahore High Court (LHC) for the early completion of Iran-Pakistan (IP) gas pipeline project, media reported Friday.   The petitioner stated that IP gas pipeline project is in the interest of both the coun...

  Women’s entrepreneurship to change Afghanistan’s destiny

FPCCI, IWCCI vows to support Afghan businesswomen Women’s entrepreneurship to change Afghanistan’s future SMEs key economic driver of Afghanistan’s development   Islamabad: FPCCI and IWCCI on Friday pledged to support the women entrepreneurship ...

  SSGCL, SNGPL hike security deposit by Rs3000

ISLAMABAD: Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL) have massively increased the amount of security deposit for the existing as well as the new customers effective from July, media reported.   Sourc...

  Tech glitch halts Nasdaq trade for three hours

NEW YORK: A technical glitch on Thursday shut down trade on the Nasdaq for more than three hours, an unprecedented halt on the second-largest US stock exchange.   Full trading resumed around 3:25 pm (1925 GMT).   The tech-rich exchange at aroun...

  Oil prices edge higher

SINGAPORE: Oil prices climbed in Asian trade Friday as upbeat manufacturing data from around the world fuelled hopes of firmer global demand, analysts said. New York's main contract, West Texas Intermediate for delivery in October, rose 15 cen...

  Oil prices slip in Asian trade

SINGAPORE: Oil prices retreated in Asian trade Thursday on easing concerns about Middle East supply, while minutes from the US Federal Reserve were unable to shed any new light on the future of its stimulus programme.   New York's main contract,...

  Pakistan formally applies for $6.6 bn IMF loan

ISLAMABAD: Federal Minister for Finance, Senator Ishaq Dar Thursday said that Pakistan has submitted a formal application with the International Monetary Fund (IMF) for a loan program which the latter is expected approve by September 4.   “A for...


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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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