Euro back to struggling as initial euphoria on Spain bailout fades

  TOKYO: The euro struggled to make headway on Tuesday as worries over Spain's hasty bank bailout were compounded by jitters about the elections that may determine Greece's future in the euro zone. Initial euphoria over Spain's weekend deal quickly evaporated as investors feared the bailout-related payments could come ahead of regular government debt in the queue for repayment, adding to its high borro ...

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PTCL holds special retailers conferences across Pakistan 1

KARACHI: Pakistan Telecommunication Company Limited (PTCL) recently organized special retailers' conferences in major cities of the country, as part of its sustained national outreach for retailers and distributors. Special sessions were arranged in Karachi, Lahore, Islamabad, Multan, Rawalpindi, Faisalabad and Azad Jammu & Kashmir. These were attended by a large number of PTCL retailers, business partn ...

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Australia shares edge up; Qantas jumps on takeover defence

  MELBOURNE: Australian shares rose on Tuesday, boosted by a jump in Qantas after the embattled airline took steps to defend against a possible hostile takeover, while BlueScope Steel gained after it said its debt reduction plan was on track. Gains were capped due to sluggish Asian markets, which slipped after a European bailout for Spain's debt-stricken banks failed to convince markets that the euro z ...

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Overseas Pakistanis urged to represent their country through exemplary conduct

KUALA LUMPUR:  Pakistanis living abroad are the ambassadors of their country and while they should strive to reflect a high degree of probity in their daily conduct and demeanour, they should also respect the local laws and regulations to prove themselves as disciplined and law-abiding citizens.   Masood Khalid, High Commissioner for Pakistan to Malaysia stated this while addressing a gathering of Paki ...

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PM directs Finance Ministry to finalize business plan for Pak Steel Mills within a week

  ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani on Tuesday directed the Ministry of Finance to finalize the business plan relating to Pakistan Steel Mills through Cabinet Committee on Restructuring (CCOR) within a week. The Prime Minister expressed these views while talking to CBA labour delegation Pakistan Steel Mills led by Chairman Shamshad Qureshi at the PM House here. The delegation discussed p ...

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All Karachi Fakhr-e-Pakistan Dr Syed M Ali Shah Challange Cup Football Tournament

KARACHI: Gharib Nawaz Dalmia Trashed Korangi Green Football by 3-1 in all Karachi Fakhr-e-Pakistan Dr.Syed Muhammad Ali Shah Challenge Cup Football Tournament at Korangi Gymkhana Football Ground Korangi No. 5 ½ here on Tuesday evening. Gharib Nawaz Dalmia led 1-0 at half time Thanks to Kamal 17th minute goal. In the Second half Kamal scored again in 38th minute and score will have 2-0. Gharib Nawaz Dalmia o ...

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SPOT FIXING ICC official questions Bollywood starlet Nupur Mehta

  NEW DELHI: An ICC anti-corruption investigator has questioned Bollywood starlet Nupur Mehta in connection with the match and spot-fixing allegations made by a British newspaper a few months ago. Mehta, whose name first surfaced when London's Sunday Times carried out a sting operation on a Delhi bookie in March, said that she met ICC anti-corruption and security officer Alan Peacock at a Mumbai hotel ...

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Premadasa pitch, Herath injury give Pakistan edge

    COLOMBO: Pakistan’s record at the R. Premadasa Stadium will give the visitors an edge in the crucial third ODI against Sri Lanka tomorrow, captain Misbah-ul-Haq said. “Our record is good at the R. Premadasa Stadium. If you remember, during the World Cup, we not only beat Australia, but Sri Lanka as well. Before that when we were here in 2009, we won a few games,” Misbah added. Pakistan enjoys ...

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P5+1 ready to hold talks on Iran’s 5-point proposal: Ashton

EU foreign policy chief Catherine Ashton EU freign policy chief Catherine Ashton says the group of six major world powers (P5+1) is ready to hold talks on Tehran's 5-point proposal in the forthcoming negotiations with Iran in Moscow. In a phone conversation with Secretary of Iran's Supreme National Security Council Saeed Jalili on Monday, Ashton said the P5+1 - comprising of Britain, China, France, Russia, ...

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Rohingya shot in Myanmar dies in Bangladesh: police

  HITTAGONG: A Rohingya Muslim died in a Bangladeshi hospital on Tuesday after he was allegedly shot by Myanmar security forces during last week's sectarian violence, police said. At least seven people have died in western Myanmar since Friday, according to Myanmar authorities, in a cycle of apparent revenge attacks between Buddhist and Muslim Rohingya villagers. Rights organisations fear the real toll ...

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