Drone strike killed three in Kurram Agency
At least three people were killed in a drone strike at a hideout of Taliban commander in Kurram Agency ...
US Embassy to lead Pakistani delegation on power generation
Economic Counselor of US Embassy William Laitinen will be leading a delegation of Pakistani government and business officials to...
Pakistan auctions Sukuk, Euro Bonds worth $2.5 bn
Pakistan has successfully executed US $ 1.0 billion five years Sukuk and US $ 1.5 billion ten years Eurobond...
Bengaluru to house Asia’s first Science Gallery
Where Art and Science collide goes the motto of Science Gallery. In four years, Bengaluru in India will witness a similar collision when it houses Asia’s first and the world’s third such prestigious gallery. It will offer science enthusiasts in the country a chance to meet the world’s biggest... Read more
Philae doing well, plants thermometer on comet, but only a day’s battery life left
The European Space Agency says its Philae lander is doing well and has succeeded in planting a thermometer in the comet where it touched down this week. The agency said earlier today that scientists have received a steady stream of data from the lander, which on Wednesday became the... Read more
Hamas warns of renewed violence if Israel prevents Gaza reconstruction efforts
The Palestinian organisation Hamas warned yesterday of renewed violence unless Israel allows the reconstruction of the war-battered Gaza Strip. “We are saying to all sides — if the siege on Gaza and the obstacles for reconstruction remain, there will be a new explosion,” said Abu Obeida, spokesman of the... Read more
Noble Prize winning Malala to construct school/college in Shangla
The world’s youngest Nobel Prize laureate Malala Yousafzai announced yesterday that she will build a school and a college in the Shangla district of Khyber-Pakhtunkhwa. “Hundreds of children are without education in my hometown. Soon I will construct a standard college and school for them,” Malala said in a telephonic speech... Read more
Florida executes child rapist/double murderer
Florida yesterday, executed a man who killed his sleeping wife and then raped and murdered his young step daughter two decades ago, after he failed in an 11th-hour court bid. Chadwick Banks, 43, was pronounced dead by lethal injection at 7:27 pm (0027 GMT), said John Tupps, a spokesman... Read more
Obama supports Myanmar leader Suu Kyi bid to change constitution
US President Barack Obama today  urged Myanmar to hold “free, fair and inclusive” elections as he threw his weight behind a bid by opposition leader Aung San Suu Kyi to change a constitution that bars her from the presidency. Obama held talks with fellow Nobel laureate Suu Kyi at... Read more
Israel lifts age ristrictions on Jerusalem mosque prayers
Men of all ages will be allowed to attend the main weekly Muslim prayers today at Jerusalem´s flashpoint Al-Aqsa mosque compound for the first time in “months”, a police spokesman said. “No age limit on the Temple Mount, we´re hoping things will be calm and quiet today,” spokesman Mickey... Read more
The PM’s China visit

The PM’s China visit

Business November 14, 2014 0

The prime minister’s recent visit to China meant a lot of agreements and contracts between the two sides. The bulk of these agreements centered on investments by Chinese companies in energy projects in Pakistan.  The government  claimed the agreements would be a “game-changer” for the country. Greater investment interest... Read more
Gold rises above $1,160/oz
Gold edged higher yesterday as a softer tone to the dollar helped to support prices, though continued outflows from bullion-backed funds showed investor sentiment remained weak as other assets like stocks rose. Spot gold was up 0.1 per cent at $1,161.62 by 1540 GMT, while US gold futures for... Read more
Cotton prices come under pressure again
Cotton prices came under pressure yesterday influenced by falling world cotton prices because of higher production forecast by almost all cotton producing countries. Although lint prices started to move higher immediately after Trading Corporation of Pakistan (TCP) began its procurement operations late last week, it seems to have now... Read more
Fed. minister  Sikandar Bosan stresses private sector role in seed supply
Addressing the National Seed Policy Workshop, Sikandar Hayat Khan Bosan said that the Seed (Amendment) Bill 2014 had already been cleared by the National Assembly’s Standing Committee on National Food Security and Research. He hoped the assembly would pass the bill in its session starting next week. The Plant... Read more
‘Dimagh ki dahi’ comment results in anti-Shehla slogans in Sindh Assembly
A ruckus went under way at the Sindh Assembly on Friday when Muttahida Qaumi Movement (MQM) lawmakers began chanting slogans of “go Shehla go” in the house against Deputy Speaker Sindh Assembly Shehla Raza. The slogans came as the deputy speaker snubbed MQM lawmaker Mohammad Hussain, using the term... Read more
Imran, Qadri declared proclaimed offenders
Islamabad’s Special Anti-Terrorism Court declared chief of Pakistan Awami Tehreek (PAT), Dr. Tahir-ul-Qadri and Pakistan Tehreek-e-Insaf (PTI) Chairman, Imran Khan, proclaimed offenders in a case pertaining to attack on Parliament House and PTV building in Islamabad, on Friday. The same court on Wednesday issued arrest warrants for both the... Read more
PPP leaders keen on friendly ties with MQM
Leaders of the Pakistan People’s Party (PPP) said earlier today that they want better relationship with Muttahida Qaumi Movement (MQM) to resolve existing problems of the province jointly. Speaker of the Sindh Assembly Agha Siraj Durrani hoped for friendly relationship with the MQM, saying tensions between the parties would... Read more