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With just 8 days left until President Trump’s inauguration ceremony in Washington D.C., a massive security force, including 7,500 Guardsmen and 3,000 police officers, is preparing for the worst as the event is expected to attract up to 750,000 protesters, some of whom have vowed to “paralyze the city.”  Certainly if the protester presence at the Senate confirmation hearings over the past two days is any indicator […]

BAMAKO Authorities in Mali have arrested a man believed to be linked to an al Qaeda attack on a beach resort town in neighbouring Ivory Coast that killed 19 people early last year, Malian security officials said on Thursday. Gunmen shot swimmers and sunbathers in the town of Grand Bassam, 40 km (25 miles) from the commercial capital Abidjan, last March before storming into several hotels. The […]

Your daily guide to community and cultural activities across the Emirates for January 13, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. *Due to the national days of mourning, some events may not run as indicated. We suggest confirming with organisers in advance newslide Abu Dhabi Concert Get tickets for Jordi Savall – Ibn Battuta: The Voyager […]

Josh Benson and Tom McGeveran, who founded the politics, culture and media site Capital New York in 2010 before selling it to Politico in 2013, are leaving the company. The departures were announced in a memo to staff from Politico Editor-in-Chief John Harris, who also said Politico’s statewide operations would be consolidated in Rosslyn. Launched in 2015, Politico States has established a presence in states across America, […]

By Mehreen Zahra-Malik | ISLAMABAD ISLAMABAD A Pakistani Senate committee is set to debate how to prevent the country’s blasphemy laws being applied unfairly, despite opposition from religious conservatives who support legislation that carries a mandatory death penalty for insulting Islam. Senator Farhatullah Babar told Reuters that the Senate Committee on Human Rights, of which he is a member, will start discussions on blasphemy laws as early […]

LONDON Asset management giant PIMCO said on Thursday it thought there was a chance China could freely float its currency, the yuan, this year. The firm’s head of Asian portfolios, Luke Spajic, said in a note Beijing was finding it impossible achieve three goals simultaneously: a stable or fixed foreign exchange rate, free capital movement and an independent monetary policy. Combining tighter financial conditions with this policy trilemma […]

Car sales in China are forecast to slow sharply this year as stimulus measures designed to boost demand are set to end. Sales are expected to increase 5 per cent in 2017, a significant drop from growth of 13.7 per cent last year, which was the fastest rate since 2013 despite a broader economic slowdown. Growth in 2016 exceeded expectations due to tax incentives on smaller vehicles, […]

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Global investors sold the dollar and sought government bonds and gold on Thursday in the wake of Donald Trump’s pre-inauguration press conference, revealing the first sign of buyers remorse for a reflation rally that has dominated global markets since early November. Mr Trump’s press conference, his first as president-elect, was held in New York’s Trump Tower on Wednesday and was dominated by his ties to Russia, his […]

Lily, the autonomous camera drone that sold a whopping $34 million in preorders, has announced they are shutting down. In an email sent to customers about an hour ago, the startup says that they were unable to raise an additional round of funding which would have allowed them to start production of the drone. So they announced that they will be winding down the company, and offering an […]

TAIPEI Taiwan objected on Thursday to a Nigerian request to the island to relocate its representative office in the African country, a request Taiwan sees as more pressure by China to isolate it. Beijing regards Taiwan as a renegade province, ineligible for state-to-state relations, and to be taken back by force if necessary, especially if it makes moves toward independence. Taiwan has no diplomatic ties with Nigeria, […]

In Senegal, ENGIE has been selected for the Dakar TER project in partnership with Thales for the design and production of infrastructures and systems, with a contract amounting to 225 million euros DAKAR, Senegal, January 11, 2017 ENGIE (www.ENGIE.com ) announces the signature of a partnership with ANER, the National Renewable Energies Agency in Senegal, to accelerate the development of renewable energies in the country. The first […]

Your daily guide to community and cultural activities across the Emirates for January 12, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Comedy show Have some fun with the Yalla Laughs crew, featuring top local and regional comedians including headliner Maher “Jokah” Barwany, Akshay Ahuja, Colin Armstrong, Rushdi Rafeek and MC Jon Boulton (pictured). […]

The New York Stock Exchange is expanding trading on its storied floor as part of a move to an integrated technology system for trading equities and options on its markets. NYSE, owned by Intercontinental Exchange, plans to roll out the technology system, called Pillar, throughout 2017. As part of the move it will increase the number of securities that can be traded on the floor from 3,166 […]

Dubai’s Jebel Ali Free Zone (Jafza) on Tuesday issued new regulations to allow foreign companies to transfer and continue operations in the free zone without the need to open a branch or establish a new company. The DP World-owned company said it merged all the legal entities such as the free zone establishment (FZE), free zone company (FZCO) and branches under one regulation and has introduced a […]

By Andreas Cremer | BERLIN BERLIN Volkswagen’s (VOWG_p.DE) supervisory board is meeting on Wednesday to approve a draft $4.3 billion settlement with the U.S. Justice Department, marking a milestone in its attempts to recover from its emissions test cheating scandal. Shares in Europe’s biggest carmaker rose as much as 4 percent as investors welcomed the latest move to draw a line under the biggest business scandal in […]

Donald Trump angrily denied claims that Russia sought to cultivate and compromise him, after unverified allegations about his personal conduct and ties to Moscow spilled out into the open, just 10 days before his inauguration. US media reported that intelligence agency officials shared a written synopsis of a dossier containing lurid but unsubstantiated personal claims about Mr Trump, allegedly compiled by Moscow, when they met the president-elect […]

By Andrew Osborn | MOSCOW MOSCOW The Kremlin says U.S. intelligence agency allegations it ran an influence campaign to help President-elect Donald Trump win the White House are false. But if U.S. spies are right, Moscow may wish it hadn’t bothered to meddle in the first place. The belief, widely held in the West, that the Kremlin helped discredit Democratic rival Hillary Clinton by orchestrating embarrassing media […]

KABUL Afghan security officials began investigating Tuesday’s attacks in the capital Kabul and the southern city of Kandahar as the death toll climbed to at least 50. The Ministry of Public Health raised the death toll from the Kabul attack to 37, with 98 wounded, while 13 people were confirmed dead in Kandahar. One security official said the death toll from the Kabul incident alone could reach […]

Afghan firefighters and municipal workers try to clean debris from the site of suicide attack in Kabul, Afghanistan. Omar Sobhani / Reuters Afghan security personnel arrive at the site of twin blasts near the Afghan parliament in Kabul on Tuesday. Twin Taliban blasts struck near the Afghan parliament in Kabul, killing at least 30 people and wounding 80 in a rush-hour attack that shattered a relative lull […]

By Engen Tham and Samuel Shen | SHANGHAI SHANGHAI China’s forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan’s prospects to themselves, several bankers said. Both demands are seen as an attempt by the authorities to prevent alarm that could trigger further declines in the yuan, the bankers from […]

Saudi Arabia plans to follow its record breaking debut on global debt markets with an Islamic bond issue in a sale that could come as early as February. The sharia-compliant sukuk will form part of a pipeline of bond sales to finance the kingdom’s budget deficit and invest in economic diversification away from oil and is likely to appeal to regional investors in the Gulf. Last year, […]

The New York Stock Exchange plans to end floor trading on its NYSE MKT venue for small capitalisation stocks in the latest example of financial dealings going completely electronic. The move, earmarked for the second quarter, comes as NYSE prepares to transition that market to Pillar, an integrated trading technology platform designed for its equities and options markets, according to a regulatory filing. It represents another shuttering […]

In a dramatic example of blowback against the establishment in the post-Trumpian world, Hungary announced it plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party, cited by Bloomberg. The European Union member, and native country of Soros, will use “all the tools at its […]

Home» Pakistan » General News Wednesday, 11 January 2017 01:24 Posted by Fawad Maqsood ISLAMABAD: Minister of State for Capital Administration and Development Division (CADD) Dr Tariq Fazal Chaudhry said on Tuesday that Pakistan Tehreek-i-Insaf (PTI) had not a single evidence to prove its allegations in the Panama Papers case. PTI’s allegations against the prime minister […]

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