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Daily Archives: July 6, 2018

Dollar slides to three-week low after US jobs data, euro rises

(Reuters) -The US dollar fell to three-week lows on Thursday, as the euro gained on strong German industrial orders, while data showing jobs rose less than expected in June plus nagging concerns about global trade also reined in the greenback’s recent rally. Mazen Issa, senior FX strategist, at TD Securities ...

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IHC directs removal of Zulfi Bukhari’s name from blacklist

ISLAMABAD (Muslim Times) – The Islamabad High Court (IHC) on Friday directed to remove the name of Pakistan Tehreek-i-Insaf (PTI) chairman’s close aide Zulfi Bukhari from blacklist. Justice Amir Farooq announced the verdict over the petition. The court also rejected the pleas seeking probe against Bukhari for excluding name from ...

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ECP slaps ban on telecasting results before 7PM on Election Day

ISLAMABAD (Muslim Times) – Election Commission of Pakistan (ECP) on Thursday slapped ban on telecasting results of General Elections 2018 till 7PM on the Election Day [July 25]. As per details garnered, Pakistan Electronic Media Regulatory Authority (PEMRA) chairman Mohammad Saleem Baig called on electoral body secretary Mohammad Yaqoob here ...

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Zakir Naik will not be deported: Malaysia PM

PUTRAJAYA, Malaysia (AFP) – Malaysian Prime Minister Mahathir Mohamad said Friday that Indian Islamic preacher allegedly wanted in his home country for terror-related activities and hate speech will not be sent back. Zakir Naik, a television preacher, reportedly left India in 2016 and subsequently moved to largely Muslim Malaysia, where ...

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Trump unleashes trade war with tariffs on China

WASHINGTON/BEIJING (AFP) – Punishing US tariffs on Chinese imports took effect on Friday, the first shot in what Beijing called “the largest trade war in economic history” between the world’s top two economies. Beijing vowed to take “necessary countermeasures” after the US imposed 25 percent duties on about $34 billion ...

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Kevin Spacey faces new sexual assault allegations in UK

Muslim Times(Web Desk) – Oscar-winning US actor Kevin Spacey is being investigated by British police over new sexual assault allegations brought by several men in the UK. Scotland Yard confirmed that it is investigating accusations of sexual assault made by three men who came forward in February and April, which ...

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