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Turkey transfers state assets to sovereign wealth fund
Turkey transfers state assets to sovereign wealth fund

ISTANBUL: The Turkish government has ordered the transfer of tens of billions of dollars worth of state assets to a sovereign wealth fund, in a huge shake-up of its holdings aimed at financing ambitious infrastructure projects. The assets being transferred to the sovereign wealth fund range from w...

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06Feb2017

Armed assailants kill one, injure Shaukat Basra at PPP rally
Armed assailants kill one, injure Shaukat Basra at PPP rally

BAHAWALNAGAR: A Pakistan Peoples Party rally came under fire as a result of which one person was killed while senior leader of the party from Punajab, Shaukat Basra, was injured in the incident, on Monday. According to details, Basra was attending a rally organised by the Pakistan Peoples Party at...

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06Feb2017

U.S. warns North Korea of 'overwhelming' response if nuclear arms used
U.S. warns North Korea of 'overwhelming' response if nuclear arms used

WASHINGTON: U.S. President Donald Trump's defense secretary warned North Korea on Friday of an "effective and overwhelming" response if Pyongyang chose to use nuclear weapons, as he reassured Seoul of steadfast U.S. support at the end of a two-day visit. "Any attack on the United St...

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02Feb2017

Profile: The rise and fall of ruthless gangster Baba Ladla
Profile: The rise and fall of ruthless gangster Baba Ladla

KARACHI: Wanted in scores of heinous crimes in various police stations of Karachi, notorious gangster Baba Ladla was killed on Thursday in a Rangers operation along with his two aides in Karachi's Lyari's area. Born in Chakiwara in October 1977, Noor Mohammad alias Baba Ladla was mentored by anoth...

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01Feb2017

NASA unveils spaceship hatch 50 years after fatal Apollo 1 fire
NASA unveils spaceship hatch 50 years after fatal Apollo 1 fire

CAPE CANAVERAL, FLA: NASA on Friday marked the 50th anniversary of its moon program's fatal Apollo launchpad fire with the first public display of the scorched hatch that trapped three astronauts inside their spaceship during a routine pre-launch test. NASA astronauts Virgil "Gus" Grisso...

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28Jan2017

Serena wins Australian Open for 23rd grand slam crown
Serena wins Australian Open for 23rd grand slam crown

MELBOURNE: Serena Williams beat her sister Venus 6-4 6-4 in the Australian Open final on Saturday to win her 23rd grand slam singles title and become the most successful tennis player in the open era. The 35-year-old American's victory gave her a seventh Melbourne Park crown and sent her clear of ...

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28Jan2017

China foreign minister says wants to manage disputes with U.S.
China foreign minister says wants to manage disputes with U.S.

BEIJING: China wants dialogue with the new U.S. administration to manage disputes and promote bilateral relations, but only on the basis of respecting each other's core interests, like the "one China" principle, China's foreign minister said. U.S. President Donald Trump, who was inaugura...

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24Jan2017

Panama Leaks: SC rejects Maryam Nawaz's statement
Panama Leaks: SC rejects Maryam Nawaz's statement

ISLAMABAD: The Supreme Court of Pakistan rejected the statement of Maryam Nawaz on Tuesday as it did not bear the signature of the Prime Minister's daughter.  As the Supreme Court of Pakistan resumed its hearing regarding the Panama Leaks and Prime Minister's disqualification case, Maryam Naw...

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23Jan2017

Scandal, gaffes mar ex-UN chief's presidential prospects in South Korea
Scandal, gaffes mar ex-UN chief's presidential prospects in South Korea

SEOUL: It has been an inauspicious return to crisis-plagued South Korea for former U.N. chief Ban Ki-moon, once the odds-on favourite to be the next president, who has been ensnared in a family corruption scandal and struggled with a sceptical press. Ban, 72, has been unable to capitalise on his m...

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23Jan2017

Nadal holds off rising talent Zverev to reach last 16
Nadal holds off rising talent Zverev to reach last 16

MELBOURNE: Rafa Nadal held off a fierce challenge from one of the hottest prospects in the game when he outlasted German teenager Alexander Zverev 4-6 6-3 6-7(5) 6-3 6-2 to reach the last 16 of the Australian Open on Friday. The Spaniard, champion here in 2009, needed to be at his resilient best t...

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21Jan2017
 
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