Monday, August 13th, 2018
Asian shares, euro trampled as Turkish rout spreads
SYDNEY, (DNA) – Turkey’s lira recouped some of its losses as the country’s central bank took steps to stem the currency’s freefall while Asian shares were a sea of red as investors fled to safer assets such as the dollar, Swiss franc and yen. The run from risk dragged MSCI’s broadest index of Asia-Pacific shares outside Japan down 1.5 percent to a near one-year low. Japan’s Nikkei lost 2.0 percent with every bourse in the region in the red. EMini futures for the S&P 500 were off 0.3 percent, whileRead More
Children among 39 civilians dead in Syria arms depot blast: monitor
SARMADA, (DNA) – An explosion at a weapons depot that toppled buildings in a rebel-held town of northwest Syria killed at least 39 civilians including a dozen children Sunday, a monitor said. An correspondent at the site in Sarmada in Idlib province near the Turkish border said the explosion of unknown origin caused the collapse of two buildings. Rescue workers used bulldozers to remove rubble and extract trapped people from the flattened buildings, the correspondent said. A civil defence source told AFP that rescue workers had pulled out “five peopleRead More
Sindh Assembly’s new members take oath
KARACHI, (DNA) – The newly elected 164 members of 15th Sindh Assembly took oath as lawmakers on Monday. Speaker Agha Siraj Durrani administered the oath to the MPS. In the Sindh Assembly, the PPP won 73 general provincial assembly seats, with the inclusion of five minority and 17 women reserved seats, it is leading the tally with 95 seats. The PTI has been allocated 30 seats, including 23 general seats, five reserved women, and two minority members. While the MQM-Pakistan will have its 21 members in the assembly after winningRead More
112 KP MPAs take oath
PESHAWAR, (DNA) – 112 newly elected members of Khyber Pakhtunkhwa assembly took oath as lawmakers on Monday. PML-N leader Sardar Aurangzeb Nalota administered the oath to KP members as ex-speaker Asad Qaiser, who has now been elected as MNA, was in Islamabad for swearing-in ceremony. Under the law, the governor is empowered to assign the responsibility to any senior parliamentarian in case the speaker could not do so for any reason. In the Khyber Pakhtunkhwa Assembly, the PTI has increased its seats share to 64 members after the inclusion ofRead More
Razzaq Dawood to be Imran’s adviser
ISLAMABAD, (DNA) – Pakistan Tehreek-e-Insaf (PTI) on Sunday said it will appoint renowned economy expert Abdul Razzaq Dawood to serve as adviser to party chief Imran Khan. In a press release, the PTI said Razzaq will advise the prime minister-in-waiting on economy, trade, investment and related matters. Earlier, the PTI’s likely nominee for finance minister, Asad Umar, said his party would not attempt to privatise Pakistan’s bloated and loss-making state companies, such as Pakistan International Airlines Corp. and Pakistan Steel Mills. Media reports quoted him saying that there will beRead More
New MNAs take oath; Bilawal, Zar Taj Gul, Shah Zain Bugti, Fawad among new faces
ISLAMABAD, (DNA) – Today marked a successful transition to the third parliament in a row when the newly-elected 331 members of the National Assembly took oath as the lawmakers of 15th Assembly. The MNAs were sworn in by outgoing Speaker Sardar Ayaz Sadiq. This was followed by signing the ‘Roll of Members’. Election for the speaker and deputy speaker as well as Leader of the House will also take place during the session. New NA: Several old-timers vanish, plenty of young blood comes in Talking to media upon arrival forRead More