Pakistan News

    China Lumia 920 Price In Pakistan Platina

  • ‘52,920 farmers in Sahiwal receive relief cheques’

    SAHIWAL: So far, 52,920 farmers out of the total 60,032 in Sahiwal division have received cheques under the Kissan Relief Package...

    One of the major problems was difference in the beneficiary farmers’ names on land ownership documents and cheques issued by the National Bank of Pakistan and records of the National Database and Registration Authority, while identity card numbers were same...

  • Commodity price falls a $160bn bonus for China

    BEIJING: Slumping prices saved China more than $160 billion on its imports of commodities such as oil, iron ore, coal and copper last year, official figures showed on Wednesday...

    But the falls have proved a boon to China itself, which is reportedly taking advantage of the low costs to stockpile oil...

  • Gold price slumps as China bites

    PRECIOUS METALS: Gold slumped to the lowest point in nearly five and a half years, weighed down by the strong dollar and reports of massive selling in China, dealers said...

    By Friday on the London Bullion Market, the price of gold dropped to $1,080...

  • Pakistan fails to capitalise on oil price dip: ADB

    ISLAMABAD: The Asian Development Bank says that Pakistan’s economy has failed to achieve its growth potential in spite of benefiting from lower prices of oil which accounts for almost a third of its imports...

    The ADB approved $1 billion for projects in Pakistan to improve transport and trade...

  • Fixing Pakistan's water woes beyond regulating the price of bottled water

    But even if Diamer-Bhasha reaches its funding goal, then what?The court summoned yesterday the CEOs of all bottled water companies to present data on the price of extracted water and the revenue they have made selling it...

    We can question whether major bottlers are cartelised, and whether quality audits are functioning well, but let’s think here instead about what the price of water should be...

  • China launches first home-built aircraft carrier amid South China Sea tension

    China launched its first domestically built aircraft carrier on Wednesday amid rising tension over North Korea and worries about Beijing's assertiveness in the South China Sea...

    State media has quoted military experts as saying the carrier, China's second and built in the northeastern port of Dalian, is not expected to enter service until 2020, once it has been kitted out and armed...

  • China says US guilty of "political provocation" in South China Sea

    KUALA LUMPUR: China said on Sunday that the United States (US) was making political provocations with its patrols in the disputed South China Sea, as tensions around the strategic waterways mount...

    China will continue to construct military facilities on artificial islands it is building, Vice Foreign Minister Liu Zhenmin told a news conference in Kuala Lumpur...

  • China reacts furiously after Permanent Court of Arbitration rules against Beijing in South China Sea dispute

    THE HAGUE: An international tribunal ruled on Tuesday against China's claims it had "historical rights" in the South China Sea in a bitter dispute that risks further stoking regional tensions...

    Beijing claims most of the South China Sea, even waters approaching neighbouring countries, as its sovereign territory, basing its arguments on Chinese maps dating back to the 1940s marked with a so-called nine-dash line...

  • China vows to protect sovereignty over South China Sea

    BEIJING: China vowed on Wednesday to take all necessary measures to protect its sovereignty over the South China Sea and said it had the right to set up an air defence zone, after rejecting an international tribunal’s ruling denying its claims to the energy-rich waters...

    Chinese state media called the Permanent Court of Arbitration in the Hague a “puppet” of external forces after it ruled that China had breached the Philippines’...

  • China eyes turning South China Sea islands into Maldives-style resorts

    BEIJING: China aims to turn some of the islands in the disputed South China Sea into Maldives-style resorts catering for weddings with new developments on areas that don't need a military presence, a state-run newspaper quoted a top official on Friday as saying...

    China began tourist cruises to the South China Sea on a trial basis in 2013, as part of efforts to cement its claims by boosting the civilian presence there...

  • China and Russia launch South China Sea naval wargames

    BEIJING: The Chinese and Russian navies launched eight days of war games in the South China Sea on Monday, in a sign of growing cooperation between their armed forces against the backdrop of regional territorial disputes...

    The ministry didn't say exactly where the drills would be held in the South China Sea, home to heated territorial disputes between China and its Southeast Asian neighbours...

  • US warship sails near island claimed by China in South China Sea

    WASHINGTON: A US Navy guided-missile destroyer sailed within 12 nautical miles of an island claimed by China and two other nations in the South China Sea on Saturday, in an operation the Pentagon said aimed to challenge efforts to restrict freedom of navigation...

    China claims most of the South China Sea, through which more than $5 trillion of world trade is shipped every year...

  • China strongly condemns US for sending warship near South China Sea island

    BEIJING: China strongly condemned the United States (US) after a US warship deliberately sailed near one of the Beijing-controlled islands in the hotly contested South China Sea to exercise freedom of navigation and challenge China's vast territorial claims...

    China, Taiwan and Vietnam have overlapping claims in the Paracels and require prior notice from ships transiting what they consider their territorial waters...

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