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Karachi April 22, 2021 As part of its efforts to retain its seat in the NA-249 by-poll, the Pakistan Tehreek-e-Insaf has succeeded in bringing former provincial minister KS Mujahid Baloch into its ranks. Baloch, who was the Pakistan Peoples Party candidate in PS-115, a provincial assembly seat falling in NA-249, has formally announced at a gathering in the constituency that he had joined the PTI. In 2017, Baloch had joined the PPP after ending his long relationship with the Muttahida Qaumi Movement. He has also served as provincial minister for local government and union council Nazim in Baldia Town. His son Salman Baloch was elected MNA from then NA-239, a constituency that comprised Keamari and some areas of Baldia Town, on the MQM’s ticket in the 2013 general election. PTI Karachi president and MPA Khurram Sher Zaman, while welcoming Baloch into the party ranks, said the PPP-led provincial government during its 14 years of rule did not carry out any devel ....
Market close: Energy stocks drag down NZ sharemarket 20 Apr, 2021 05:38 AM 4 minutes to read By: Graham Skellern The New Zealand sharemarket gave up some of its recent hard-earned gains, led down by the energy stocks hit by dry weather in both the North and South Islands. The S&P/NZX 50 Index fell 89.28 points or 0.7 per cent to 12,678.55, and the index did stage a late recovery after reaching an intraday low of 12,574.25. There were 51 gainers and 94 decliners over the whole market, with 52.36 million shares worth $197.88 million changing hands. Matt Goodson, managing director of Salt Funds Management, said the question is, do markets keep on running? The corporate earnings outlook is reasonable without being outstanding, and it depends on whether central banks will maintain their present monetary policy with inflation starting to creep in. ....
House prices continue to soar; biggest gains in entry-level properties - QV 20 Apr, 2021 05:12 AM 3 minutes to read QV says its latest data shows precisely how difficult it has become since lockdown for Kiwis to take their first step on the property ladder . File photo / RNZ QV says its latest data shows precisely how difficult it has become since lockdown for Kiwis to take their first step on the property ladder . File photo / RNZ RNZ New house price figures show the average price of entry-level properties in Ruapehu has increased by more than 70 per cent in the last year. The latest Quotable Value (QV) Quartile Index showed the rise in the central North Island district was by far the largest price increase for homes in this bracket of anywhere in the country. ....