LONDON, (Millat + APP/AFP) – Europe’s main stock markets traded flat at the start of trading Wednesday. London’s benchmark FTSE 100 index was only margnally lower at 7,183.52 compared with the close on Tuesday. In the eurozone, Frankfurt’s DAX 30 was flat at 11,546.93 and the Paris CAC 40 added 0.3 percent to 4,768 points.
International News
European stock markets flat at open
-
Euro under pressure, but major Asia markets bounce
HONG KONG, (Millat + APP/AFP) – The euro struggled in Asia Wednesday on increasing uncertainty about France’s political outlook and fears of another debt crisis brewing in Greece. Most major equities markets reversed early losses to push higher but confidence remains shaky over worries about Donald Trump and uncertainty about his impact on the global […]
-
Five questions on China’s falling forex reserves
BEIJING, (Millat + APP/AFP) – China’s cash stockpile fell last month to just below $3 trillion, its lowest level since 2008 at the height of the global financial crisis and a trillion dollars down from its record high seen in mid-2014. The figure is still more than double second-placed Japan’s $1.2 trillion and larger than […]
-
RugbyU: Cheika not bugging All Blacks for an apology
SYDNEY, (Millat + APP/AFP): Wallabies coach Michael Cheika Wednesday said he’s not expecting an apology from New Zealand after a security consultant employed by the All Blacks was charged with bugging their hotel before last year’s Sydney Test against Australia. Cheika welcomed the news that police had laid charges of public mischief after a listening […]
-
Planning ministry launches project to formulate National Transport Policy
ISLAMABAD, Feb 8 (Millat + APP): The ministry of Planning, Development and Reforms launched a two-year project to formulate the National Transport Policy which would cover railways, roads, ports and shipping, aviation, and logistics services. The project seeks to create a safe, efficient and sustainable transport system to realize Pakistan’s Vision 2025. “Pakistan envisages a […]
-
Somali capital on lockdown ahead of presidential vote
MOGADISHU, Feb 7, (Millat + APP/AFP) – Somalia’s capital Mogadishu was under security lockdown Tuesday, with roads and schools closed and residents urged to remain indoors a day before the country holds a long-delayed presidential election. Fears are high that the Al-Qaeda linked Shabaab group will seek to disrupt the election by carrying out an […]