Saturday 18 May 2013
 
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Violence casts shadow over Pakistan elections

A string of militant attacks and gunfights that killed at least 17 people cast a long shadow over Pakistan's general election on Saturday, but millions still turned out to vote in a landmark test of the troubled country's democracy. The poll, in which some 86 million peop

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EU Mideast jet fuel imports to escape new duty

The European Union's jet fuel imports from the Middle East are likely to escape a tariff that would have raised prices from next year, thanks to a waiver, EU sources and traders said. Leading Middle East oil producers are to lose a preferential status, aimed at helping develo

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Imran Khan gains in Pakistan vote

Former Pakistan cricket star Imran Khan's party was enjoying a late surge of support on Friday, the eve of a landmark election, raising the prospect of a fragmented parliament that could lead to weeks of haggling to form a coalition government. The failure of the major partie

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Dollar storms to 101 yen, highest in 4 years

The dollar extended its relentless rally against the Japanese currency on Friday to break above 101 to its highest since April 2009, after signs that Japanese investors are buying more foreign assets provided yet another reason to sell yen. The dollar last bought 101.03 yen on th

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G7 finance chiefs to discuss bank reform push

Some of the world's most powerful finance chiefs will meet in an English stately home on Friday and Saturday to try to speed up banking and finance reforms, with Cyprus' near meltdown fresh in their minds. Finance ministers and central bank governors from the Group of Sev

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