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NIT receives Rs3.9b subscription to Islamic Equity Fund in pre-IPO period
KARACHI: The National Investment Trust (NIT), the country’s largest Asset Management Company (AMC) with Rs96 billion under management, has received...
South korean stocks close 0.34pc stronger, KOSPI ads 7.13pts
SEOUL: South Korean stocks closed 0.34 percent higher Tuesday on gains in techs and shipbuilders, analysts said, with investors sitting...
Microsoft, 343 Industries launches ad campaign for Halo 5: Guardians called Hunt Truth
TOKYO: Microsoft and 343 Industries have launched an ad campaign for Halo 5: Guardians called Hunt the Truth, and it...
Japan stocks end stonger, Topix climbs 0.4%
TOKYO: Japanese stocks rose, with the Topix index closing at its highest level since 2007, as a weaker yen boosted...
FIFA 15 Ultimate Team update for Android users
TOKYO: EA Sports has made lots of amazing games, among them the Cricket series and the FIFA franchise. It hasn’t...
Rs31.2 on each 20-cigarette packet: Ministry proposes hike in taxes on tobacco products
ISLAMABAD: In a bid to control use of cigarettes, the government is planning to increase tax on tobacco products. According...
South korean won adges down against US dollar
SEOUL: The South Korean won edged down against the dollar on Tuesday as US bond yields sapped appetite for riskier...
Pakistan is facing issue of cyber attack
ISLAMABAD: Pakistan is facing the issue of cyber attack due to which government may lose sensitive information or intercept privileged...
Dar highlights economic developments in 6th EAC meeting
ISLAMABAD: Federal Finance Minister Ishaq Dar, presiding over the 6th meeting of the Economic Advisory Council (EAC), presented a brief...
FDI falls 8% to $824m in July-April
KARACHI: The country witnessed decline in foreign direct investment (FDI), which fell by eight per cent to $824 million during...
Axact CEO paid only Rs26 tax in FY2014
ISLAMABAD: Pakistan’s 'leading' but scandal-hit IT company, Axact’s Chief Executive Officer Shoaib Ahmed Shaikh paid just Rs26 (26 cents) tax...
Saudi oil exports to attract China vying US
RIYADH: kingdom has been compensating for the loss of sales by accelerating its pivot towards Asia, with China vying with...
S. Korean Posco to sell 30% stakes to Saudi Arabia investment fund
RIYADH: Posco is set to sell a stake of at least 30 per cent in unlisted Posco Engineering & Construction...
Oxygen & Nitrogen production by employing bacteria on mars
HONG KONG: Mankind has been dreaming of sending and extending Earth life to the Red planet for some time now....
Fruit flies show intelligence by thinking before they act, research
LONDON: New study shows that fruit flies make conscious decisions and share similar cognitive processes to humans.We have all been...
Emotions like fear is not limited to humans alone
PARIS: Emotions like fear is not limited to humans alone. Even very minute insects like a fruit fly can demonstrate...
Saudi’s Tdawal shares up 0.85% to end at 31.70pts
RIYADH: Saudi Arabia stocks were higher after the close on Sunday, as gains in the Energy & Utilities, Transport and...
NASA offers $2.25 m prize for building 3D-printed space habitat
CANADA: NASA is offering USD 2.25 million in prize for designing and building a 3D-printed habitat for deep space exploration,...
US benchmark Texas delivery gains 18 cents to $59.87 for June
RIYADH: US benchmark West Texas Intermediate for June delivery gained 18 cents to $59.87 while Brent crude for July rose...
Oman’s bank private deposit rises 9.47% to OMR11,380.7m in Q1
MUSCAT: Private deposits at the commercial banks in the Sultanate for the first two months ending February 2015 rose by...
