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  • *China investing $46 billion in new trade route. GWADAR, Pakistan, Feb 8- A heavy police presence, guarded convoys, new checkpoints and troop reinforcements have turned parts of the southern port city of Gwadar into a fortress, as Pakistan's powerful military seeks to protect billions of dollars of Chinese investment. Securing the planned $46 billion economic...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises Islamabad had made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises Islamabad had made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials...

  • CNBC update: Iran releases detained US sailors Wednesday, 13 Jan 2016 | 10:30 AM ET
    CNBC update: Iran releases detained US sailors

    Iran releases 10 U.S. sailors detained for entering Iranian waters, 14 killed in Pakistan attack, GE plans job cuts in Europe. CNBC's Sue Herera reports.

  • Frontier markets down? Blame the index Wednesday, 30 Dec 2015 | 10:18 PM ET
    The famous Sri Lankan budget taxi, a three wheeler, drives through traffic in Colombo

    Frontier markets tumbled this year, but don't point the finger at weak currencies or oil, investors said. Instead, blame the index.

  • India prime minister makes surprise visit to Pakistan Friday, 25 Dec 2015 | 11:28 PM ET
    Prime Minister of Pakistan Nawaz Sharif (L) shakes hands with Indian Prime Minister Narendra Modi (R) at Allama Iqbal International Airport in Lahore, Pakistan on December 25, 2015.

    India's Modi made a surprise stop in Pakistan to meet counterpart Nawaz Sharif, the first visit from an Indian premier to Pakistan in over a decade.

  • NEW YORK, Dec 17- A major Pakistani bank and its New York branch must boost measures to prevent money laundering after regulators found "significant breakdowns" in the bank's compliance with federal and state laws, New York's financial regulator said on Thursday. Habib Bank Ltd in Karachi and the New York branch must put a series of reforms in place, including...

  • Tashfeen Malik.

    Security has been closely monitoring a Pakistan university attended by Tashfeen Malik on concerns militancy was taking hold there.

  • Dec 4- A New York City hedge fund manager who allegedly faked his own death to conceal his fraud was convicted on Friday for stealing more than $800,000 from investors he solicited, New York Attorney General Eric Schneiderman said on Friday. Moazzam Ifzal "Mark" Malik, 33, from Lahore, Pakistan, was convicted on all 28 counts he faced, including grand larceny and...

  • *Chaotic urban growth a factor behind Chennai flooding. NEW DELHI/ BENGALURU, India, Dec 4- Prime Minister Narendra Modi has grand designs to build 100 futuristic' smart' cities in India, but as this week's devastating flooding in Chennai shows, fixing today's accident-prone metropolises appears to be the more pressing task. Similar floods struck Mumbai in 2005...

  • LAHORE, Pakistan, Nov 4- At least 18 people were killed and up to 150 trapped on Wednesday when a factory collapsed near the eastern Pakistani city of Lahore, officials said, adding to a number of industrial disasters to hit the South Asian nation. Rescue workers digging for survivors with construction equipment have recovered 75 injured people so far, said...

  • LAHORE, Pakistan, Nov 4- At least 18 people were killed and up to 150 trapped on Wednesday when a factory collapsed near the eastern Pakistani city of Lahore, officials said, adding to a number of industrial disasters to hit the South Asian nation. "Army engineers have been immediately moved for the rescue operation," the message said. In September 2012, 289 people...

  • LAHORE, Pakistan, Nov 4- At least ten people were killed and up to 150 trapped on Wednesday when a factory collapsed near Pakistan's eastern city of Lahore, officials said, adding to a number of industrial disasters to strike the South Asian nation. Pakistan's construction sector suffers from poor oversight and developers frequently flout building codes.

  • Ten dead, scores trapped as Pakistan factory collapses Wednesday, 4 Nov 2015 | 9:53 AM ET

    LAHORE, Pakistan Nov 4- At least ten people were killed and scores trapped when a factory collapsed at an industrial site near Pakistan's eastern city of Lahore on Wednesday, officials said. Rescue workers were digging for survivors and had recovered five injured people so far, said rescue worker Kashif Naveed at the scene. It was not clear what caused the...

  • Magnitude 7.5 earthquake shakes Afghanistan Monday, 26 Oct 2015 | 6:00 AM ET
    Magnitude 7.5 earthquake shakes Afghanistan

    A major earthquake struck northeastern Afghanistan on Monday.

  • Deaf-mute Indian woman Geeta salutes the media before leaving for the airport from the EDHI Foundation in Karachi on October 26, 2015. Geeta, the Indian woman living in Pakistan after accidentally crossing the border over a decade ago, will return home with both governments completing all formalities.

    A deaf-mute Indian girl stuck in Pakistan whose plight bears a resemblance to the plot of a Bollywood hit has returned home after 13 years.

  • Karakoram Highway: The road less traveled Thursday, 8 Oct 2015 | 12:00 PM ET
    Karakoram Highway: The road less traveled

    Karakoram Highway which links China to Pakistan, is one of the most elevated international roads in the world and is set to undergo an infrastructure upgrade costing around $46 billion.

  • *Taliban says sending in reinforcements. KABUL, Sept 29- Afghan forces backed by U.S. air support battled Taliban fighters for control of the northern city of Kunduz on Tuesday, after the militants seized a provincial capital for the first time since their ouster 14 years ago. Hundreds of Taliban prisoners escaped during the jail attack.

  • LONDON, Sept 21- Taliban attacks have been costing Pakistan's economy as much as $5 billion a year in lost investment, the country's finance secretary said, adding that Islamabad is keeping open the option of another IMF programme. Speaking as Pakistan officials met bond investors in London, Waqar Masood Khan stressed a lot was at stake in the latest $1.9 billion...

  • Quarter of Earth seen living on just one continent Thursday, 30 Jul 2015 | 1:03 PM ET
    Indian passengers stand and hang onto a train as it departs from a station on the outskirts of New Delhi.

    The Earth will be quite a bit more crowded in 2050—with nearly 2.5 billion more people than now.