Investors to gain access to Pakistan with imminent fund launch

European Pensions - Saturday 25th May, 2013

The first Pakistan fund, the Melchior Selected Trust Pakistan Opportunities Fund (MSTPOF), will be launched on 19 June by Dalton Strategic Partnership LLP, advised by KASB Funds in Karachi. At launch, it is believed that MSTPOF will be the only Luxembourg UCITS Fund dedicated to investing in Pakistan equities. Dalton Strategic Partnership LLP believes that Pakistan warrants particular ...

17 kids burned to death in Pakistan bus explosion

MSNBC - Saturday 25th May, 2013

ISLAMABAD -- At least 17 children were burned to death in eastern Pakistan on Saturday when a faulty gas cylinder exploded on the bus taking them to school, police said.Police officer Mohammed Rasheed said seven children were also injured in the explosion on the outskirts of the city of Gujrat."This is a very sad incident. According to our information, at least 17 children were burned to ...

Gunmen kill seven policemen in Pakistan

The Courier Mail - Saturday 25th May, 2013

GUNMEN have killed seven police in an ambush attack in Taliban-plagued northwest Pakistan, officials say. The target of the late Friday attack was top police officer Dilawar Bangash who "survived with minor injuries" two officials said on Saturday. Bangash was heading from the region's main city of Peshawar to the garrison town of Kohat near the lawless tribal region when the attack ...

School van blast kills 15 students in Pakistan

China Daily - Saturday 25th May, 2013

/enpproperty--> ISLAMABAD - At least 15 children were killed in a school van gas cylinder blast that took place early Saturday morning in Gujrat, a district in Pakistan's eastern province of Punjab, reported local media Dunya. The blast also killed a teacher on board, said local media, adding that the killed included 13 boys and two girls. Nine including eight children and a driver ...

Obamas drone speech welcomed in Pakistan YemenPresident Barack Obamas speech on the use of drones and the fate of Guantanamo prisoners was largely welcomed Friday in two key countries affected by the policies — Pakistan and Yemen.

Times of India - Saturday 25th May, 2013

Obama cast drone strikes against Islamic militants as crucial to US counterterrorism efforts but acknowledged in his landmark speech on Thursday that they are not a ...

Militants attacks kill nine in Pakistan

The Courier Mail - Saturday 25th May, 2013

A PAIR of suspected militant attacks have killed nine people in two different areas of northwest Pakistan. In the deadlier of Friday's two attacks, suspected militants armed with heavy weapons attacked a police convoy in Mattani, 20km south of the main northwest city of Peshawar, killing six policemen and wounding seven others, said senior police officer Shafiullah Khan. In the second ...

Gas cylinder blast on Pakistan school bus kills 17

Lexington Herald-Leader - Saturday 25th May, 2013

PESHAWAR, Pakistan - A pair of suspected militant attacks killed nine people in two different areas of northwest Pakistan on Friday, police said.In the deadlier of the two attacks, suspected militants armed with heavy weapons attacked a police convoy in Mattani, 20 kilometers (12 miles) south of the main northwest city of Peshawar, killing six policemen and wounding seven others, said senior ...

Pakistan army violates ceasefire in J-K Brigadier 2 jawans injured

India Today - Saturday 25th May, 2013

A Brigadier and two jawans were injured on Friday night when Pakistani troops opened fire on Indian positions violating the ceasefire along the Line of Control in Tutmari Gali sector in Jammu and Kashmir.Brigadier Sanjeev Langar suffered minor injuries in the firing along with the two jawans, Army sources said. "The Pakistan Army started firing at our positions in Tutmarigali in Kashmir ...

Attack on Police Convoy in Pakistan Kills 6

VOA - Friday 24th May, 2013

A militant attack on a police convoy near the city of Peshawar in northwestern Pakistan has killed at least six policemen. Several others were wounded, including the district police officer, in the attack Friday on the Indus Highway. Local media say the militants armed with rockets ambushed the convoy, which was on its way from Peshawar to Kohat. A wounded driver was able to reach Kohat, ...

Pakistan greets new U.S. drone policy with skepticism

The Globe and Mail - Friday 24th May, 2013

U.S. President Barack Obama's speech on the use of drones - vowing to strengthen oversight, rules of targeting and the protection of civilians - will be met with deep skepticism among the vast majority of Pakistanis, who see the strikes as a violation of national sovereignty and responsible for the deaths of innocent ...

Pakistan plane escorted to airport after bomb threat

One News - Friday 24th May, 2013

Source: Reuters Two men on a Pakistan Airlines flight to England tried to force their way into the cockpit and threatened to blow up the plane, British media report. British fighter jets escorted the passenger plane to Stansted Airport where police went on board and arrested two men on suspicion of endangering an aircraft. Nearly 300 passengers were on board. Passenger Umari Nauman told The ...