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August 14, 2017 4:45 AM All set to celebrate Independence Day

ISLAMABAD: On the eve of Independence Day the citizens of twin cities are all set to celebrate 70th Independence Day with full zeal and enthusiasm on Monday. The federal capital has also been decorated with banners emblazoned with different slogans and wishes of Islamabad Mayor Sheikh Anser Aziz in respect of Independence Day. The Islamabad Metropolitan 1

August 14, 2017 1:42 AM Countering propaganda, misperceptions about CPEC

The China Pakistan Economic Corridor (CPEC), coupled with its related multi-sectoral projects, is aggressively on its path of completion and the main stakeholders – China and Pakistan – are destined to tap economic potential and benefits in coming years. Both of them have repeatedly demonstrated their unwavering commitment and seriousness for making

August 11, 2017 4:17 AM Deals inked for export of $325m worth of goods to China

ISLAMABAD: Pakistan and China on Thursday signed over three-dozen trade pacts for exporting $325 million worth of goods to Beijing, aimed at addressing private sector’s concerns about adverse implications for their businesses of government-to-government trade deals. The signing ceremony for the Pakistan-China Trade Cooperation Projects was held in Islamabad 3

August 11, 2017 12:00 AM Petronas to invest $150 million

KUALA LUMPUR: Malaysia´s state energy firm Petroliam Nasional Berhad, or Petronas, will invest $150 million in India over the next five years to strengthen its lubricants business, the company said on Thursday. The investment includes a $50 million lubricant blending plant that will be completed by the first quarter of 2018, Petronas said in a statement 3

August 10, 2017 4:30 AM HKEX Chief Says Primary Connect a Key to Winning Saudi Aramco

HKEX has so far created three links with domestic Chinese markets, and CEO Charles Li has plans for several others. The primary connect, which would see shares in Hong Kong-based initial public offerings made available to mainland investors, would act as a lure to major companies, he said in an interview on Bloomberg Television on Thursday. “For Saudi 5

August 9, 2017 7:26 AM Trump offers NKorea tough talk, despite miscalculation risk

WASHINGTON – Warning of "fire and fury," President Donald Trump answered North Korea's threats with rhetoric the nuclear-armed nation might appreciate. The risk now is the tough talk leading to war. Trump's foray into North Korea-style bombast injects new uncertainty into the increasingly fragile, six-decade-old truce between the United States and the communist 2

August 9, 2017 1:25 AM Terrorism a conspiracy to disrupt development: CJP

QUETTA - Chief Justice of Pakistan Justice Saqib Nisar on Tuesday termed terrorism a conspiracy to make Pakistan vulnerable and stop the journey of prosperity and development. Addressing a condolence reference held at Balochistan High Court to commemorate the first anniversary of the lawyers who had embraced martyrdom on August 8, 2016, in a suicide 3

August 8, 2017 8:37 PM Dollar remains flat in value versus rupee

KARACHI: The greenback closed flat in value versus rupee on insignificant demand from corporate sector in interbank while stood firm in value in open market, treasurers and currency traders said. The commercial banks kept maintaining local currency in firm zone and controlling inflow and outflow of greenback. The dollar closed at Rs 105.30 for buying 1

August 6, 2017 8:31 PM The Coca-Cola Bottling Co. Consolidated (COKE) Stake Held by State Board of Administration of Florida Retirement System

Several other institutional investors have also recently modified their holdings of COKE. State of Alaska Department of Revenue bought a new position in Coca-Cola Bottling Co. Consolidated during the first quarter valued at about $105,000. Profund Advisors LLC acquired a new stake in shares of Coca-Cola Bottling Co. Consolidated during the first quarter 1

August 6, 2017 3:54 AM Domestic textile sales outpace exports

LAHORE: The share of Pakistan’s textile industry in domestic commerce has surpassed the sector’s export figures, according to data compiled by the All Pakistan Textile Mills Association (Aptma) – an umbrella organisation of textile manufacturers. Textile sales in the local market currently stand at $13.7 billion out of the combined local and foreign 2