ISLAMABAD / AP Two Pakistani research groups have noted that the country saw a significant drop in militant violence last year, crediting the military for the decrease in attacks. The two Islamabad-based groups say that large-scale military operations in the lawless tribal regions bordering Afghanistan, in the chaotic port city of Karachi and the sparsely populated Baluchistan province are ...

  DUBAI / Reuters Egypt’s main stock index corrected on Monday as local traders booked profits and Gulf markets diverged with United Arab Emirates markets outperforming as traders focused on financial shares while a retreat in oil prices weighed on Saudi Arabian petrochemical producers. Cairo’s main index fell 0.9 percent, snapping four straight sessions of gains. Local institutions were net ...

  Bloomberg Stocks slumped while Treasuries rose with gold as the new year rally in riskier assets faltered. Political risks rippled across foreign-exchange markets with the pound, Turkish lira and South Korean won leading declines. The Dow Jones Industrial Average declined after Friday climbing within a point of 20,000. The yield on 10-year Treasury notes slid below 2.40 percent, while ...