Pak kills over 24 militants in crackdown after shrine blast

February 17, 2017

Islamabad, Feb 17: Pakistani security forces today killed more than 24 militants in a nationwide crackdown, a day after an ISIS suicide bomber blew himself up in Sufi shrine of Lal Shahbaz Qalandar in Sindh's Sehwan, claiming 76 lives. Paramilitary Sindh Rangers today said they killed 18 terrorists in overnight operations in the southern province. According to Rangers, seven terrorists were killed in a shootout after they attacked a convoy of the paramilitary troops on the Super Highway near Kathor, Sindh.

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The convoy was returning from Sehwan town after taking part in rescue operations. A soldier was also injured. Another 11 terrorists were killed in a raid carried out in Manghopir area of Karachi, according to Rangers. Separately, police in northwestern Khyber-Pakhtunkhwa said they have killed 11 extremist in the restive province. According to a security official, police killed three terrorists in Reggi area of Peshawar, while army targeted and killed four militants in Orakzai tribal region. Another four militants were killed in exchange of fire in in Bannu area of Khyber-Pakhtunkhwa. Official said the crackdown would be intensified in the coming days as government had resolved to eliminate militancy.

The crackdown was launched simultaneously by the federal and provincial governments after at least eight terror attacks rocked Pakistan since the weekend, killing dozens. A high-level meeting this week chaired by Prime Minister Nawaz Sharif agreed that militants posing threat to national security should be "liquidated". Several persons injured in shrine blast are in critical condition and they will be shifted to Karachi, officials said.

The army said that the armed forces had placed all required resources to facilitate the rescue effort. Pakistan Army and Rangers assisted with rescue efforts at the site. The ISIS had claimed responsibility for the attack on their Aamaq news agency, saying a suicide bomber had targeted a "Shiite gathering" at the shrine in Sindh. The shrine has been sealed and police have collected initial evidence and secured CCTV footage.

The fresh wave of terror attacks started when a suicide bomber attacked a protest rally outside the Punjab assembly in Lahore on Monday killing 14 people and injuring dozens. On the same day, a terrorist attack was foiled in Quetta but two officials of the Bomb Disposal Squad were killed diffusing a bomb under a bridge in Quetta. Terrorists also carried out attacks in Mohmand agency and Peshawar followed by shrine blast in Sindh.

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News Network
June 24,2020

Jun 24: The coronavirus tally in Pakistan reached 188,926 with the detection of 3,892 new cases in the last 24 hours, the health ministry said on Wednesday.

Sixty more people died due to the viral infection, taking the death toll to 3,755.

As many as 3,337 patients are in critical condition across the country, the ministry said.

With the detection of 3,892 new cases in the last 24 hours, the coronavirus tally in the country now stands at 188,926, it said.

Sindh reported the maximum number of 72,656 cases, followed by 69,536 in Punjab, 23,388 in Khyber-Pakhtunkhwa, 11,483 in Islamabad, 9,634 in Balochistan, 1,337 in Gilgit-Baltistan and 892 in Pakistan-occupied Kashmir (Pok).

Health authorities have so far conducted 1,150,141 coronavirus tests, including 23,380 in the last 24 hours.

A total of 77,754 patients have recovered so far from the disease.

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News Network
April 28,2020

Geneva, Apr 28: The global death toll from the novel coronavirus has increased over the past 24 hours by nearly 5,000 to top 198,000, the World Health Organisation (WHO) said.

According to the latest WHO data, 85,530 new cases of infection have been registered globally over the past day, with 4,982 deaths.

The overall number of COVID-19 cases worldwide increased to 2,878,196 and the death count reached 198,668.

There are 1,359,380 confirmed cases and 124,525 deaths in Europe.

The number of cases in the Americas total 1,140,520, with 58,492 deaths.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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