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KSE-100 gains 750 points reaching 35,379 points

On Thursday the stock market continued its bullish run as the investors remain optimistic after the approval for an equity bailout fund for the Pakistan Stock Exchange and news of Saudi Arabia activating the deferred oil payment for Pakistan. The KSE-100 index jumped 750 points to reach 35,379 points, registering an increase of 2.18%. The market capitalization has also increased...

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40 dead, 20 badly hurt in New Zealand mosque attacks: PM Ardern

CHRISTCHURCH: Forty people were killed and 20 more were seriously injured in armed assaults on two Christchurch mosques Friday, New Zealand Prime Minister Jacinda Ardern said. "It is clear that this can now only be described as a terrorist attack," she said. "From what we know, it does appear to have been well planned." "Two explosive devices attached to suspect...

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US grounds Boeing 737 MAX amid growing safety concerns

The ban on the Boeing 737 MAX aircraft became worldwide on Wednesday after US President Donald Trump joined Canada and other countries in grounding the aircraft amid mounting global fears for the jets´ airworthiness. US authorities said new evidence showed similarities between Sunday´s deadly crash of an Ethiopian Airlines Boeing 737 MAX 8 and a fatal accident in Indonesia in...

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Britain and Brexit in chaos: parliament rejects May’s EU deal again

LONDON:  Britain’s parliament rejected Prime Minister Theresa May’s deal to quit the European Union for a second time on Tuesday, deepening the country’s worst political crisis for generations, 17 days before the planned departure date. MPs voted against May’s amended Brexit deal by 391 to 242 as her last-minute talks with EU chiefs on Monday to assuage her critics’ concerns...

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Theresa May wins Brexit assurances from EU on eve of crucial vote

LONDON/STRASBOURG: Prime Minister Theresa May won legally binding Brexit assurances from the European Union on Monday in a last-ditch attempt to sway rebellious MPs who have threatened to vote down her divorce deal again. Scrambling to plot an orderly path out of the Brexit maze just days before the United Kingdom is due to leave on March 29, May rushed...

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Intelligence Embarrassment: Taliban leader Mullah Omar lived next to US Afghan base

Taliban founder Mullah Omar lived within walking distance of US bases in Afghanistan for years, according to a new book that highlights embarrassing failures of American intelligence. Washington believed the one-eyed, fugitive leader had fled to Pakistan, but the new biography says Omar was in fact living just three miles from a major US Forward Operating Base in his home...

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Ethiopia in National mourning as investigators search for clue about Airlines Boeing crash

Ethiopia will observe a national day of mourning Monday as investigators search for bodies and clues into the crash of a Nairobi-bound Boeing minutes after takeoff from Addis Ababa, killing all 157 people on board. Ethiopian Airlines said it will work with Boeing, the national civil aviation authority and international experts in trying to unravel what caused the brand new...

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Saudi foreign Minister due in India today

NEW DELHI: On Monday, Saudi Arabia's Minister of State for Foreign Affairs Adel al-Jubeir will visit India today. According to diplomatic sources, during his  his visit, the Saudi foreign minister will meet the Indian Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj. Last week, Adel al-Jubeir's  made his visit to Pakistan during which he met Prime Minister Imran Khan,...

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IoK’s newspapers publishes blank front pages to register protest against denial of govt adds

SRINAGAR: On Sunday, many local newspapers in Indian-occupied Kashmir published blank front pages to protest the "unexplained denial of government advertisements to Greater Kashmir and Kashmir Reader newspapers". According to the Kashmir Media Service, among the papers that published blank covers are the Kashmir Observer, Kashmir Reader, Kashmir Vision and The Kashmir Monitor. The Kashmir Editors' Guild had earlier urged...

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Afghan situation does not merit US withdrawal: Top general

WASHINGTON: US forces have not yet been ordered to pull out of Afghanistan despite President Donald Trump's plan to end involvement there, the commander of American forces in the Middle East, said Thursday. "We have not been directed to withdraw. There are no orders to withdraw anything," Central Command chief General Joseph Votel told the House Armed Services Committee. "The...

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Indian policies undermining Muslims, other minorities: UN Human Rights chief

NEW YORK: United Nations Human Rights chief Michelle Bachelet has warned India that its “divisive policies” have extensively marginalised Muslims and other minorities in the country. “India's narrow political agendas are marginalising Muslims and other minorities in an already unequal society," she said in her annual report to the UN Human Rights Council in Geneva. “I fear that these divisive policies will...

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Pompeo played pivotal role in de-escalating India-Pakistan tensions: US State Dept

US Secretary of State Mike Pompeo played an “essential role” in de-escalating tensions between India and Pakistan, a top State Department official said. State Department deputy spokesperson Robert Palladino, during his bi-weekly news conference in Washington DC on Tuesday, said, “Secretary Pompeo led diplomatic engagement directly, and that played an essential role in de-escalating the tensions between the two sides. He spoke...

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Trump plans to end India’s preferential trade treatment

WASHINGTON: US President Donald Trump said on Monday he intends to end India’s preferential trade treatment under a program that allows $5.6 billion worth of Indian exports to enter the United States duty-free. “I am providing notice of my intent to terminate the designation of India as a beneficiary developing country under the Generalized System of Preferences (GSP) program,” Trump...

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Carrying out a strike is our responsibility, Not keeping score: IAF Chief

Indian Air Chief Marshal BS Dhanoa has exposed the false claims of Indian media and government officials regarding the number of deaths in the February 26 Balakot airstrike. Indian media and government officials had claimed that 300 alleged terrorists were killed in the so-called airstrikes in Balakot. However, when the Indian air chief marshal was asked to give a figure...

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Tornado kills at least 23 in US state of Alabama: officials

WASHINGTON: A tornado tore through the southern US state of Alabama on Sunday, killing 23 people, uprooting trees and causing "catastrophic" damage to buildings and roads, a local sheriff said. "Unfortunately our toll, as far as fatalities, does stand at 23 at the current time" Lee County Sheriff Jay Jones told the local CBS affiliate, acknowledging that children were among...

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Saudi Arabia strips Osama bin Laden’s son of citizenship

BEIRUT: Saudi Arabia has stripped citizenship from Hamza bin Laden, the son of late Al-Qaeda leader Osama bin Laden, the interior ministry said in a statement published by the official gazette. The US State Department said on Thursday it was offering a reward of up to $1 million for information leading “to the identification or location in any country” of...

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Have talked to both Pakistan and India, tensions will deescalate: Pompeo

US Secretary of State Mike Pompeo on Thursday said he was hopeful to "take down the tensions" between Pakistan and India after having "good conversations" with leaders from the two neighbouring countries. "I spent a good deal of time on the phone last night talking to leaders in both countries, making sure there was good information exchanged, encouraging each country to...

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