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PTI forms organizing committee for accountability rally

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Organizing committee for Pakistan Tehreek-i-Insaf’s (PTI) accountability rally on September 3 has been formed, reported Friday. PTI central Punjab’s president Aleem Khan has issued a notification in this regard. The convener of the 10-member committee will be Aijaz Chaudhry. Other members includeFarrukh Habib, Waleed Iqbal, Zaheer Abbas Khokhar, Hammad Azhar, …

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190 MQM offices sealed, 6 demolished in Karachi: report

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A total of one hundred and ninety offices of the Muttahida Qaumi Movement have been sealed across Karachi within three days, Dunya News reported on Friday. Reportedly, six illegally constructed MQM offices have also been demolished in the city. Earlier today, MQM offices were sealed in Jheel Park and Shah …

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Three more dengue cases in Rawalpindi take total to 60

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Three more people have been diagnosed with dengue virus in Rawalpindi, taking the number of affected patients to 60. Atleast 40 people were killed and overall 1400 were infected by the deadly disease last year. Dengue awareness counter in District Headquarter (DHQ) hospital has been reported disabled. Dengue fever is …

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Pakistan playing key role in economic development of South Asian region: PM

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ISLAMABAD (APP) – Prime Minister Muhammad Nawaz Sharif Friday said that Pakistan was playing a key role in the economic development of the South Asian region and to attain the dream of possible regional integration. He was addressing the inaugural session of the 8th meeting of Finance Ministers of the …

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Asia energy firms hit by oil price dive, Dollar falls

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HONG KONG (AFP) – Energy firms sank in Asian trade on Tuesday as oil prices extended the previous day s sharp losses on profit-taking and fresh worries about a global oversupply. Even a fall in the dollar, which usually makes crude cheaper, was unable to stop the slide in the …

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Tokyo shares retreat by break on weak oil

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TOKYO (AFP) – Tokyo shares slipped Tuesday morning after two sessions of gains, with energy firms hit by a a drop in oil prices and low-volume trading. The benchmark Nikkei 225 index retreated 0.22 percent, or 37.17 points, to 16,561.02 by the break, while the broader Topix index of all …

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Dollar stays weak after comments by Fed’s Fischer

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NEW YORK (AFP) – The dollar remained at the low end of its recent range Monday as foreign exchange traders remained cautious despite somewhat hawkish weekend remarks by Federal Reserve Vice Chair Stanley Fischer. At 2100 GMT, the dollar was virtually unchanged from late Friday at $1.1322 per euro and …

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Dollar slips as market discounts US rate hike

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TOKYO (AFP) – The dollar broadly weakened Tuesday as traders awaited a speech by Federal Reserve chief Janet Yellen, which they hope will offer fresh clues about US monetary policy. The greenback has been see-sawing as divergent views from Fed officials keep markets guessing about the timing of a possible …

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Pakistan prepares its second LNG import terminal

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(Reuters) – Pakistan is taking another step towards becoming a key buyer of liquefied natural gas (LNG), signing a deal to purchase a Floating Storage and Regasification Unit (FSRU) for its second import terminal. Singapore’s BW Group said in a statement on Monday that it would deliver the FSRU to …

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Curfew, curbs continue in held Kashmir as death toll rises to 83

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SRINAGAR (Web Desk / AFP) – In occupied Kashmir, a teenage boy was killed after he was hit by a tear smoke shell fired by Indian troops in Srinagar, bringing the death toll to 83 during the ongoing Intifada in the territory. The 17-year-old Irfan Ahmad from Fateh Kadal area …

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