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Trying to gain personally: Equity trader sacked for ‘leaking confidential information’

KARACHI: One of the share traders working for the country’s third largest asset management company has been fired for leaking confidential information to outsiders for personal gains, official sources said on Tuesday. UBL Fund Managers, which is the asset management subsidiary of United Bank Limited with assets under management of over Rs57.8 billion, has sacked one of its employees for allegedly ...

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Questioning claims: ‘NWA IDPs should not be repatriated in phases’

BANNU:  If 90% of North Waziristan Agency has been cleared of terrorists, questioned All Parties Alliance Chairman Hafiz Farhad Ali, then why are the displaced people not being repatriated at the same time. This was stated at a press conference in Bannu on Tuesday. Ali said high-ranking civil and military officials have been claiming for some months that a major ...

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Avoiding confrontation: Assembly session called on April 6

KARACHI: Sindh governor Dr Ishratul Ebad Khan, on the recommendation of the chief minister, has summoned a Sindh Assembly session on April 6. Four days ago, speaker Agha Siraj Durrani rejected the Muttahida Qaumi Movement (MQM) requisition to call the session and discuss the law and order situation after the Nine Zero raid. MQM parliamentary leader Syed Sardar Ahmed had submitted ...

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Sunni Ittehad Council protesters clash with traders in Faisalabad

Workers of the Sunni Ittehad Council clashed with traders in Faisalabad’s Jhang Bazaar on Tuesday, Express News reported. The clashes occurred as Sunni Ittehad Council protesters forcefully tried to close shops and businesses in Faisalabad to mark their protest against the arrest of their workers and clerics. According to the protesters, 26 of their workers have been arrested over the ...

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Where are we Marching to?

March this year has been all about competition. In the land far away, on a TV set close to us, we have gone through the routine phases of collective excitement, euphoria, disappointment and depression. Away from the limelight, there are other happenings in March that provide bragging rights to those who are in the field. In many parts of the ...

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Persistent issue: Taxation remains a thorn in govt’s roadmap, says Bajwa

KARACHI: What would be categorised as the biggest economic achievement of this government so far? You may mention the level of foreign exchange reserves or the declining inflation. But, for Overseas Investors Chamber of Commerce and Industry (OICCI) President Atif Bajwa, it is something else. “Apart from the macroeconomic stability, the most important move of this government is that it has ...

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German businessmen: ECB’s bond purchase move challenged

FRANKFURT:  Three German businessmen are seeking to block the European Central Bank’s controversial bond purchase programme, arguing it oversteps the bank’s mandate, their legal expert said on Monday. Christoph Degenhart, a professor in constitutional law at Leipzig University, said that entrepreneurs Heinrich Weiss, Patrick Adenauer and Juergen Heraeus are seeking to challenge the ECB’s so-called quantitative easing or QE programme ...

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Kuchee Talkies: Cinema on the go

KARACHI:  A few months ago, news about the sale of Karachi’s Nishat Cinema gained widespread attention. The cinema, burnt down during the 2012 riots against Innocence of Muslims, was considered a vital part of the country’s cultural heritage. But the main reason why the sale became a point of discussion among cinemagoers is because it represented a decline in the ...

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VIDEO: Air chief marshal flies F-16 on Pakistan Day parade

The new air chief marshal took part in the fly-past at the Pakistan Day Parade, flying an F-16. It was for the first time that the fly-past was not only covered from the ground, but was also from inside the cockpit of Air Chief Marshall Sohail Aman’s F-16 jet through the help of a Go-Pro. A video posted on Facebook ...

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Indian Wells: Djokovic’s title win consolidates top spot, Halep beats Jankovic

INDIAN WELLS: Novak Djokovic extended his lead at the top of the ATP rankings after defeating Roger Federer 6-3, 6-7 (5/7), 6-2 to successfully defend his Indian Wells crown and claim his 50th career ATP title, while world number three Simona Halep won the WTA edition of the tournament. The 27-year-old world number one from Serbia also captured his fourth Indian ...

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