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Pakistan stocks boost after qualifying for MSCI Emerging Markets Index

Pakistan stocks boost after qualifying for MSCI Emerging Markets Index

Analysts and brokers in Pakistan said inclusion in emerging markets group will lead to significant foreign investment inflows, considering the size of the index Pakistan Stock Exchange’s benchmark index surged 2.78%, or 1,042 points, to close at a record of 38,559.87 points on Wednesday after Pakistan managed to qualify for the key MSCI Emerging Markets Index. Asia’s best-performing share market of 2016 ... Read More »

Four injured in blast at Shanghai’s Pudong International Airport

Policemen are seen at the site where an explosion happened at Shanghai Pudong International Airport in east China's Shanghai, June 12, 2016. Photo: Xinhua

Explosion at Shanghai Airport, caused by “self-made explosives”, injures at least four people SHANGHAI – Four passengers were injured after an explosion at Shanghai Pudong International Airport on Sunday afternoon, Airport authorities said. Local reports that suggested the blast that injured four passengers was caused by firecrackers or “self-made explosive materials”. The blast at China’s second-busiest airport, Shanghai Pudong Airport, ... Read More »

Chinese worker among 3 hurt in Karachi roadside bomb attack

Pakistan map

A Chinese worker was attacked in a targeted road side bomb blast which took place in Karachi’s Gulshan-i-Hadeed area on Monday. According to the details provided by Senior Superintendent of Police (SSP) Rao Anwar, at least one person sustained minor injuries due to the remote-controlled explosion, but thankfully no one was killed. According to the details provided by Senior Superintendent ... Read More »

Rise of the Robots: 60,000 Chinese workers replaced by robots

Rise of the Robots: 60,000 Chinese workers replaced by robots

Apple and Samsung supplier Foxconn has replaced 60,000 factory workers with robots. Foxconn Technology Group confirmed that it was automating “many of the manufacturing tasks associated with our operations” but denied that it meant long-term job losses. Foxconn is headquartered in Taiwan, but has 12 factories in China, where it produces popular devices like the iPhone and iPad, along with a ... Read More »

65 years of friendship: Pakistan-China ties can improve regional security, economic growth

Pakistan China mark 65 years of Pakistan-China diplomatic ties

Pakistan and China mark 65 years of diplomatic ties and friendship “Pakistan and China, enjoy special friendship and have achieved much .. But we must continue to work for lasting peace and stability in the region to attain regional security and economic development” By Masood Khan This year, 2016, is a special year for Pakistan-China relations. On the 65th anniversary ... Read More »

Fitbit tops Wearables Market, Xiaomi passes Apple for second spot

Fitbit tops Wearables Market, Xiaomi passes Apple for second spot

Fitbit tops global wearables market, while Chinese group Xiaomi raced past Apple to second place Fitbit fitness tracker maker is world’s leading wearable device vendor, while Chinese group Xiaomi raced past Apple to second place, a recent survey showed. Fitbit, Xiaomi, Apple, Garmin and Samsung make up the top five companies, according to the latest figures from research firm IDC. Global ... Read More »

Pakistan-China military leadership discuss defence cooperation, CPEC

Pakistan and China military leadership discuss defence cooperation, CPEC

During meeting with his Chinese counterpart in Beijing, the army chief congratulated the latter on assumption of command of the newly-established army headquarter ISLAMABAD – Chief of Army Staff (COAS) General Raheel Sharif has reached Beijing on a two-day official visit, Inter-Services Public Relations (ISPR) reported. Chief of Army Staff General Raheel Sharif discussed measures to improve military to military ... Read More »

Pakistan’s Middle East Policy: Striking a balance between Iran and Saudi Arabia

Pakistan, Iran, Saudi Arabia

Is it possible for Pakistan to strike a balance between ties with Saudi Arabia and Iran? The answer is Yes. Former Ambassador Masood Khan explains how.. By Masood Khan The essence of President Hassan Rohani’s visit to Islamabad was bilateral relations between Pakistan and Iran but the strategic overhang of the visit was no less important. Post-nuclear deal with six ... Read More »

Denmark ranks world’s happiest country for the third time

Denmark ranks world happiest country for the third time

Denmark has reclaimed its place as the world’s happiest country, while Burundi ranks as the least happy nation, according to the fourth World Happiness Report.  The report, prepared by the Sustainable Development Solutions Network (SDSN) and the Earth Institute at Columbia University, showed Syria, Afghanistan and eight sub-Saharan countries as the 10 least happy places on earth to live. Denmark topped the list in ... Read More »

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