US Senate green-lights stop-gap deal to avert debt default

Washington, Oct 8 (AFP/APP):The US Senate voted Thursday to stave off a credit default that would have sparked a recession and roiled world markets as Democrats and Republicans agreed to a stop-gap fix to raise the nation’s debt limit. The breakthrough — which temporarily defers […]

Arozarena fuels Rays in 5-0 playoff win over Red Sox

Los Angeles, Oct 8 (AFP/APP):Randy Arozarena belted his 11th career playoff home run and produced a rare straight steal of home Thursday as the Tampa Bay Rays launched their post-season with a 5-0 victory over the Boston Red Sox. The Rays, who fell to the […]

PDM rejects NAB ordinance

Islamabad – October 8 (Online): Opposition alliance Pakistan Democratic Movement (PDM) on Friday rejected government’s ordinance to amend NAB laws. PDM spokesperson and JUI-F leader Hafiz Hamdullah on Friday reacting to the ordinance called it an ‘NRO by the government to itself’ and said that […]

Chinese central bank boss vows to further fintech crackdown

Beijing, Oct 8 (AFP/APP):China will strengthen supervision of the online payments industry and continue its anti-monopoly crackdown, the governor of the central bank said, indicating Beijing will press ahead with a regulatory crackdown on the country’s technology giants. Authorities have for about a year targeted […]

Foreign exchange rates

KARACHI, Oct 08 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS […]

6.1-magnitude quake shakes Tokyo, more than 20 injuries reported

Tokyo, Oct 7 (AFP/APP):A 6.1-magnitude earthquake jolted the Japanese capital Tokyo and surrounding areas Thursday evening, reportedly injuring more than 20 people, but the Japan Meteorological Agency said there was no tsunami risk. The quake sent buildings swaying, stranded commuters, knocked products off store shelves […]

AIOU establishes gymnasium equipped with latest modern facilities

ISLAMABAD, Oct 08 (APP):Allama Iqbal Open University (AIOU) upgraded the fitness centre with lastest technologies to facilitate its employees. Vice Chancellor, AIOU, Prof Dr Zia Ul- Qayyum while inaugurating upgraded fitness center in the university, said health and fitness were two important factors affecting wellbeing […]

Nigerian sprinter Blessing Okagbare charged with doping

Paris, Oct 7 (AFP/APP):Nigerian sprinter Blessing Okagbare has been charged after testing positive for human growth hormone and EPO, offences that forced her to pull out of the Tokyo Olympics, the Athletics Integrity Unit said Thursday. Okagbare, a former Commonwealth Games gold medallist, won her […]

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