Saturday, August 15th, 2015
Dar directs SECP for release of 2008 stock market crisis report
ISLAMABAD, Aug 15 (DNA): The Chairman, Securities and Exchange Commission of Pakistan (SECP) here on Saturday briefed the Federal Minister for Finance, Senator Mohammad Ishaq Dar, on the progress regarding the demutualization of the stock exchanges.The Minister was informed about the background of the demutualization of the Exchanges and requirements stipulated in the Stock Exchanges (Corporatization, Demutualization and Integration) Act, 2012 in relation to divestment of 60% shares of the stock exchanges lying in the blocked account to the Strategic Investor(s) (SIs), general public and local financial institutions.
Mushahidullah resigns after controversial interview
ISLAMABAD, Aug 15 (DNA): Federal Minister for Climate Change Mushahidullah Khan Saturday tendered his resignation after a controversial interview with the BBC drew severe criticism.A resignation came a day after he alleged the former ISI chief Zaheerul Islam Abbasi of seeking to seize power by toppling civil and military leaderships.He claimed the former ISI boss hatched a conspiracy during the sit-in protests by the Pakistan Tehreek-e-Insaf and Pakistan Awami Tehreek in Islamabad last year, adding Lt. General (rted.) Abbasi sought a coup by overthrowing the elected government and Army ChiefRead More
Foreign Ministry Spokesperson Hua Chunying’s Remarks on Reconciliation Process in Afghanistan
Q: Recent days have seen terrorist attacks in Afghanistan, and various parties are questioning the reconciliation process. How does China comment on this?A: The Chinese side has always stood for the “Afghan-led and Afghan-owned” reconciliation process, believing that the peace talk is the realistic way out to solve the Afghanistan issue. China encourages and supports the peace talk between the Afghan government and the Taliban, and commends the important role in pushing forward the peace talk played by the relevant parties and Pakistan in particular. It is hoped that allRead More