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May 09, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-05-25
India's Ranbaxy chief executive may resign

India's Ranbaxy chief executive may resign

The chief executive of India's Ranbaxy Laboratories Malvinder Singh may resign and be replaced by a nominee from its parent company, Japan's Daiichi Sankyo, the Economic Times reported on Sunday. Ranbaxy's board is meeting on Sunday and its annual shareho
Published 25 May, 2009 12:00am
India's Ranbaxy chief executive may resign

India's Ranbaxy chief executive may resign

The chief executive of India's Ranbaxy Laboratories Malvinder Singh may resign and be replaced by a nominee from its parent company, Japan's Daiichi Sankyo, the Economic Times reported on Sunday. Ranbaxy's board is meeting on Sunday and its annual shareho
Published 25 May, 2009 12:00am
Bangladesh to build five coal-fired power plants

Bangladesh to build five coal-fired power plants

Bangladesh is to build five 500 megawatt (MW) coal-fired electricity plants at a total cost of nearly $3.5 billion to tackle electricity supply problems, a senior official said on Sunday.
Published 25 May, 2009 12:00am
China's Hainan Airlines posts annual loss

China's Hainan Airlines posts annual loss

Chinese regional carrier Hainan Airlines made a loss of 1.4 billion yuan (208 million dollars) in 2008 as high oil prices and dwindling passenger demand took their toll, state media reported Sunday.
Published 25 May, 2009 12:00am
China's Hainan Airlines posts annual loss

China's Hainan Airlines posts annual loss

Chinese regional carrier Hainan Airlines made a loss of 1.4 billion yuan (208 million dollars) in 2008 as high oil prices and dwindling passenger demand took their toll, state media reported Sunday.
Published 25 May, 2009 12:00am
Magna, Fiat improve bids as Opel battle heats up

Magna, Fiat improve bids as Opel battle heats up

Magna International and Fiat have improved their offers for General Motors unit Opel ahead of a crucial week in which the German government is expected to decide which bid it backs. German Chancellor Angela Merkel will hold a meeting of top minister on Mo
Published 25 May, 2009 12:00am
Business leaders call for clearer climate policies

Business leaders call for clearer climate policies

Businesses leaders met in Denmark on Sunday to try to unite behind a call for long-term climate policies on oil, power and technology ahead of a UN conference in December that aims to replace the Kyoto Protocol. Many companies want clearer carbon emission
Published 25 May, 2009 12:00am
Finance chief insists UK to return to growth this year

Finance chief insists UK to return to growth this year

Britain's recession-battered economy will return to growth this year, finance minister Alistair Darling insisted Sunday, days after a warning that the country's credit rating could be downgraded. Darling stood by his forecast of a return to growth by the
Published 25 May, 2009 12:00am
BoE's Blanchflower fears premature policy tightening

BoE's Blanchflower fears premature policy tightening

Retiring Bank of England policymaker David Blanchflower said he feared his colleagues could quash any economic recovery by tightening monetary policy too soon, in comments reported in the Sunday Telegraph. Arch dove Blanchflower, who steps down from the b
Published 25 May, 2009 12:00am
Czech Foreign Minister sees higher 2009 borrowing

Czech Foreign Minister sees higher 2009 borrowing

The Czech government will have to hike borrowing this year to cover a sharply higher budget gap widened by economic decline, finance minister Eduard Janota said on Sunday.
Published 25 May, 2009 12:00am
Saeed Ajmal's bowling action cleared

Saeed Ajmal's bowling action cleared

Pakistani off-spinner Saeed Ajmal received a boost ahead of next month's World Twenty20 when a biomechanic expert cleared his bowling action, officials said Sunday. "We have received a report from biomechanic expert Bruce Elliott in which Ajmal's action w
Published 25 May, 2009 12:00am
Openers need to fight fatigue factor, says Tendulkar

Openers need to fight fatigue factor, says Tendulkar

India openers Virender Sehwag and Gautam Gambhir need to shake off the "fatigue factor" if they are to mount a strong defence of their World Twenty20 title, says leading batsman Sachin Tendulkar. Tendulkar's concern for the pair grew after their subdued s
Published 25 May, 2009 12:00am
Vicenza fan dies after accident at Serie B match

Vicenza fan dies after accident at Serie B match

A supporter of Vicenza died Sunday following an accident at a Serie B match, the club said in a statement. The 19-year-old fan fell about six meters (yards) into a gap between sections at Parma's Stadio Tardini on Saturday. The game was stopped for severa
Published 25 May, 2009 12:00am
Latvala wins rally of Italy

Latvala wins rally of Italy

Finland's Jari-Matti Latvala won the Rally of Italy on Sunday after his Ford bosses decided against ordering him to let team mate Mikko Hirvonen take maximum points. A win for Hirvonen in Sardinia could have made a bigger dent on championship leader Sebas
Published 25 May, 2009 12:00am
Collingwood stars as England thrash West Indies

Collingwood stars as England thrash West Indies

Paul Collingwood enjoyed himself with both bat and ball as England cruised to a six-wicket win over the West Indies in the second one-day international here on Sunday. Victory, achieved with 14 overs left, gave England an unbeatable 1-0 lead in the three-
Published 25 May, 2009 12:00am
Barca target Champions League after lifting league trophy

Barca target Champions League after lifting league trophy

Barcelona might have suffered a shock 1-0 home loss to Osasuna before lifting the league trophy but coach Pep Guardiola has now targeted Champions League victory to round off the club's stunning season.
Published 25 May, 2009 12:00am
Lakers strike late to beat Nuggets

Lakers strike late to beat Nuggets

Kobe Bryant scored 41 points, including a key late three-pointer, to lift the Los Angeles Lakers to a 103-97 win over the Denver Nuggets and a 2-1 lead in the Western Conference finals series on Saturday. Bryant's big shot with just over a minute left put
Published 25 May, 2009 12:00am
Rangers take Scottish title

Rangers take Scottish title

Rangers wrapped up the Scottish Premier League title on Sunday with a 3-0 victory at Dundee United while Celtic could only draw 0-0 with Hearts. Kyle Lafferty, Pedro Mendes and Kris Boyd were all on the scoresheet for Rangers who took the title for the fi
Published 25 May, 2009 12:00am
Ivanovic struggles, Hewitt reaches new height

Ivanovic struggles, Hewitt reaches new height

Champion Ana Ivanovic was made to sweat for more than two hours by a little-known Italian before getting through the first round of the French Open on Sunday. Ivanovic, who dominated at Roland Garros 12 months ago, struggled to a 7-6 6-3 victory over Sara
Published 25 May, 2009 12:00am
Totti ruins Maldini's big day, Lecce relegated

Totti ruins Maldini's big day, Lecce relegated

Francesco Totti's free-kick gave AS Roma a thrilling 3-2 win at AC Milan on Sunday to seal the final Europa League spot and ruin Paolo Maldini's last home appearance before retirement. Third-placed Milan will visit fourth-placed Fiorentina in the last gam
Published 25 May, 2009 12:00am
Button masters Monaco for fifth win in six races

Button masters Monaco for fifth win in six races

Formula One championship leader Jenson Button mastered Monaco's treacherous streets on Sunday to chalk up his fifth victory in six races and lead another Brawn GP one-two finish. The Briton's sixth career victory, in an untroubled drive from pole position
Published 25 May, 2009 12:00am
Investors expect better hedge fund terms

Investors expect better hedge fund terms

Some of the biggest fund-of-fund investors expect hedge funds to lower management fees and introduce terms that let shareholders eventually claw back performance fees, The traditional take-it-or-leave-it stance in the hedge fund world is wobbling. Investo
Published 25 May, 2009 12:00am
Evra can't wait to tackle Messi

Evra can't wait to tackle Messi

Patrice Evra admits he has been scared by Sir Alex Ferguson in the past but is relishing the chance to carry out a key role for the Manchester United manager in Wednesday's Champions League final. The France left-back will again be tasked with nullifying
Published 25 May, 2009 12:00am
Investors expect better hedge fund terms

Investors expect better hedge fund terms

Some of the biggest fund-of-fund investors expect hedge funds to lower management fees and introduce terms that let shareholders eventually claw back performance fees, The traditional take-it-or-leave-it stance in the hedge fund world is wobbling. Investo
Published 25 May, 2009 12:00am
Abidjan port to spend $62 million on expansion

Abidjan port to spend $62 million on expansion

Abidjan's port operator will spend 30 billion CFA francs ($62.3 million) between now and 2012 to transform the Ivorian harbour into a regional transport hub, its manager said on May 20. The port of Abidjan is the main export terminal in the world's bigges
Published 25 May, 2009 12:00am
General Motors Canada to cut about 42 percent of dealerships

General Motors Canada to cut about 42 percent of dealerships

General Motors of Canada said it will inform its dealerships of which ones it will close as part of a plan to slash its dealer network by nearly half, one of the steps necessary to qualify for long-term government aid.
Published 25 May, 2009 12:00am
General Motors Canada to cut about 42 percent of dealerships

General Motors Canada to cut about 42 percent of dealerships

General Motors of Canada said it will inform its dealerships of which ones it will close as part of a plan to slash its dealer network by nearly half, one of the steps necessary to qualify for long-term government aid.
Published 25 May, 2009 12:00am
BNY Mellon to help foreign firms list in China

BNY Mellon to help foreign firms list in China

Multinationals as well as Hong Kong-listed Chinese firms are keen to list in China, which is creating significant opportunities for the Bank of New York Mellon Corp, the world's biggest custodian and issuer of depository receipts (DRs), a senior executive
Published 25 May, 2009 12:00am
BNY Mellon to help foreign firms list in China

BNY Mellon to help foreign firms list in China

Multinationals as well as Hong Kong-listed Chinese firms are keen to list in China, which is creating significant opportunities for the Bank of New York Mellon Corp, the world's biggest custodian and issuer of depository receipts (DRs), a senior executive
Published 25 May, 2009 12:00am
Thai PTT to invest $872 million in coal in next five years

Thai PTT to invest $872 million in coal in next five years

Thailand's top energy firm, PTT PCL, plans to invest about 30 billion baht ($872 million) in its coal business in the next five years as part of attempts to diversify fuel sources for generating electricity.
Published 25 May, 2009 12:00am
Bankruptcy surgery revives Chrysler after all

Bankruptcy surgery revives Chrysler after all

Even Chrysler's own executives thought bankruptcy for the automaker would mean liquidation. Instead, emergency surgery appears to have saved the patient, and sooner than many critics ever imagined.
Published 25 May, 2009 12:00am
UBS sees more Australia share issues, big deals over

UBS sees more Australia share issues, big deals over

Australian companies will continue to raise cash through share issues in the second half of 2009, but most large deals have been completed and smaller sized deals will dominate, a top UBS banker said. Simon Cox, co-head of equity capital markets at UBS in
Published 25 May, 2009 12:00am
UBS sees more Australia share issues, big deals over

UBS sees more Australia share issues, big deals over

Australian companies will continue to raise cash through share issues in the second half of 2009, but most large deals have been completed and smaller sized deals will dominate, a top UBS banker said. Simon Cox, co-head of equity capital markets at UBS in
Published 25 May, 2009 12:00am
'Capital market crisis nearing end'

'Capital market crisis nearing end'

The capital markets crisis is nearing an end, opening the way toward rising share markets in the coming months even as real economy ructions continue, the chief executive of asset manager Allianz Global Investors said.
Published 25 May, 2009 12:00am
ANZ to expand Asia commodities trading team

ANZ to expand Asia commodities trading team

Australia & New Zealand Banking Group plans to expand its commodities trading team in Asia by about 50 percent to 20 staff by next year as part of a regional expansion drive, a top official said.
Published 25 May, 2009 12:00am
'Capital market crisis nearing end'

'Capital market crisis nearing end'

The capital markets crisis is nearing an end, opening the way toward rising share markets in the coming months even as real economy ructions continue, the chief executive of asset manager Allianz Global Investors said.
Published 25 May, 2009 12:00am
AFP launches mobile phone football application

AFP launches mobile phone football application

Agence France-Presse (AFP) on May 19 launched ¡Futbol Ya!, a Spanish-language customisable mobile phone application, featuring up-to-the-minute football news and photos from around the world.
Published 25 May, 2009 12:00am
Google adds automatic translation to Gmail

Google adds automatic translation to Gmail

Google added automatic translation technology to Gmail on May 19, allowing users of its email service to translate messages in another language with a single mouse click.
Published 25 May, 2009 12:00am
Nokia on track for May online store opening

Nokia on track for May online store opening

The world's top handset maker, Nokia Oyj, is on track for a May launch of its Ovi application and content store, company officials said on May 20. Ovi Store is Nokia's push into services and could reach more customers than Apple. The company has said the
Published 25 May, 2009 12:00am
One in two phones to be smartphones soon

One in two phones to be smartphones soon

Marvell Technology Group Ltd Chief Executive Sehat Sutardja said he expects multimedia-enabled smartphones to account for at least 50 percent of all cellphones in the next three to four years, and grow even more popular in the following years. "Smartphone
Published 25 May, 2009 12:00am
Five-dimensional DVDs with massive storage within 10 years

Five-dimensional DVDs with massive storage within 10 years

"Five-dimensional" discs with a capacity 10,000 times greater than current DVDs could be on the market within 10 years, researchers reported on May 20. A team from Swinburne University of Technology in Australia said that by harnessing nanoparticles and a
Published 25 May, 2009 12:00am
Social networking sites 'keep deleted photos': research

Social networking sites 'keep deleted photos': research

User photographs can still be found on many social networking sites including Facebook after people have deleted them, British researchers said on May 21. The findings by a team from Cambridge University raise questions about the ability of users of the s
Published 25 May, 2009 12:00am
US, Canadian and Indian firms to use Google 'smart meters'

US, Canadian and Indian firms to use Google 'smart meters'

Google announced on May 20 that energy companies in six US states, Canada and India will use "smart meter" software which allows consumers to monitor their home electricity consumption. Google, in a post on the official company blog, said Reliance Energy
Published 25 May, 2009 12:00am
Acer to make Android phone this year

Acer to make Android phone this year

Acer Inc, the world's third-largest PC brand, plans to introduce a phone model running on Google's Android software this year, the head of its phone unit said on May 20. The company plans to sell this year around 10 models, with all but one using Microsof
Published 25 May, 2009 12:00am
20 hours of video uploaded to YouTube every minute

20 hours of video uploaded to YouTube every minute

YouTube just keeps getting bigger. The Google-owned video-sharing site said on May 21 in a blog post that 20 hours of video are being uploaded to YouTube every minute. It said that in mid-2007, six hours of video were being uploaded to the site every minu
Published 25 May, 2009 12:00am
New software makes iPhones spreadsheet-friendly

New software makes iPhones spreadsheet-friendly

US software developer MeLLmo on May 19 released a free application that turns iPhones into powerful tools for analysing spreadsheets and reports, enhancing the appeal of Apple mobile devices to businesses.
Published 25 May, 2009 12:00am
Google develops algorithm to stem talent loss: WSJ

Google develops algorithm to stem talent loss: WSJ

Google, concerned by the recent departures of several top executives, has developed an algorithm to try to identify which employees are likely to quit, The Wall Street Journal reported on May 19.
Published 25 May, 2009 12:00am
Microsoft to unveil new search engine this week: WSJ

Microsoft to unveil new search engine this week: WSJ

Microsoft is expected to unveil a new version of its Internet search engine this week, The Wall Street Journal reported on May 20. The newspaper said the US software giant would demonstrate its new search engine publicly for the first time at the "All Thi
Published 25 May, 2009 12:00am
Palm Pre to go on sale from June 6

Palm Pre to go on sale from June 6

Palm Inc, a pioneer in handheld devices but suffering hard times lately, announced on May 19 that its much-anticipated new smartphone, the Palm Pre, would go on sale in the United States on June 6. The Pre will cost 199.99 dollars after a 100-dollar mail-
Published 25 May, 2009 12:00am
Four in one Americans texting while driving: poll

Four in one Americans texting while driving: poll

In the United States, where driving while using telephones without hands-free adaptor kits and texting at the wheel are not widely illegal, one in four people confesses to texting and driving, a survey found on May 20.
Published 25 May, 2009 12:00am
Stem cells 'seek and destroy' cancer cells

Stem cells 'seek and destroy' cancer cells

Genetically engineered stem cells from bone marrow showed promise as a potential new way to deliver a cancer-killing protein to tumours, British researchers said. Experiments in cell cultures and in mice showed the adult stem cells - a type known as mesen
Published 25 May, 2009 12:00am
Global warming may be twice as bad as forecast

Global warming may be twice as bad as forecast

Global warming's effects this century could be twice as extreme as estimated just six years ago, scientists reported on May 19. Earth's median surface temperature could rise 9.3 degrees F (5.2 degrees C) by 2100, the scientists at the Massachusetts Instit
Published 25 May, 2009 12:00am
Nasa eyes water in Moon mission

Nasa eyes water in Moon mission

Nasa on May 21 said it was on target for a June mission to scour the Moon's surface for landing sites and water that would allow humans to work and even live on Earth's nearest neighbour. The space agency hopes to launch a dual craft in June, part of whic
Published 25 May, 2009 12:00am
Chemical test offers quick prostate cancer check

Chemical test offers quick prostate cancer check

Instead of using a blood test to determine whether a man has prostate cancer, doctors might one day more accurately diagnose the condition using a new technique that measures a different compound, researchers said.
Published 25 May, 2009 12:00am
Cholesterol drug cuts amputation risk for diabetics

Cholesterol drug cuts amputation risk for diabetics

The anti-cholesterol drug fenofibrate appears to reduce risks of amputation for diabetics by as much as 36 percent, a study has found. The study was published in a special edition on diabetes by The Lancet, which included another study on how rigorous mon
Published 25 May, 2009 12:00am
Women who smoke more prone to lung damage

Women who smoke more prone to lung damage

Women may be especially susceptible to the toxic effects of cigarette smoking, US researchers said. They said women who smoke develop lung damage earlier in life than men, and it takes less cigarette exposure to cause damage in women compared with men.
Published 25 May, 2009 12:00am
Deadly pneumonia caused by superbugs on rise

Deadly pneumonia caused by superbugs on rise

Deadly pneumonia caused by so-called superbugs are spreading outside hospitals and represent a growing threat to the public, US researchers warned on May 20. Making the problem more worrying is the recent H1N1 flu outbreak because the "super-bug" pneumoni
Published 25 May, 2009 12:00am
'Baltic Sea dying, coastal states must act'

'Baltic Sea dying, coastal states must act'

Pollution is killing the Baltic Sea and coastal states must mount an urgent salvage operation, Finnish Prime Minister Matti Vanhanen said. "The state of the sea is alarming," Vanhanen told a meeting of the 47-nation Council of Europe parliamentary assembl
Published 25 May, 2009 12:00am
Bone marrow therapy helps heart patients

Bone marrow therapy helps heart patients

Injecting bone marrow stem cells into the heart helped some patients with a chronic form of heart disease, Dutch researchers said. The infusions helped blood flow, reduced pain and helped patients exercise more, the researchers reported in the Journal of
Published 25 May, 2009 12:00am
Device helps ease severe asthma without drugs

Device helps ease severe asthma without drugs

An experimental asthma treatment that uses heat to reduce airway constriction provided some relief from severe asthma that is poorly controlled with medications, US researchers said.
Published 25 May, 2009 12:00am
British royal chauffeur suspended over security gaffe

British royal chauffeur suspended over security gaffe

A royal chauffeur was suspended Sunday after reportedly giving two undercover journalists a tour of Queen Elizabeth II's official cars in the grounds of Buckingham Palace, a spokeswoman said.
Published 25 May, 2009 12:00am
Suicide car bomb kills one, wounds 38 in Iraq

Suicide car bomb kills one, wounds 38 in Iraq

A suicide car bomb targeting an American convoy exploded Sunday near a checkpoint in the troubled northern city of Mosul, killing one Iraqi and wounding 38 others, US officials said. The attack in Mosul, considered the last urban stronghold of al Qaida in
Published 25 May, 2009 12:00am
Season may not alter cancer survival

Season may not alter cancer survival

Some studies have found that patients with certain cancers seem to survive longer when they're diagnosed during summer and autumn months, but it now appears that this may be largely due to higher death rates in general during winter months, report UK rese
Published 25 May, 2009 12:00am
Mongolians vote for president amid economic woes

Mongolians vote for president amid economic woes

Mongolians voted in presidential elections Sunday amid economic worries and concerns about a possible repeat of deadly riots that marred national elections last year. Public opinion polls ahead of the voting showed incumbent President Enkhbayar Nambaryn e
Published 25 May, 2009 12:00am
South Koreans mourn death, pay respects to former president

South Koreans mourn death, pay respects to former president

The sound of wailing pierced the air as tens of thousands of South Koreans streamed to a rural village Sunday to pay their respects to former President Roh Moo-hyun a day after he killed himself by jumping off a rocky cliff overlooking his home.
Published 25 May, 2009 12:00am
Couple divorces over failure to agree on new baby's name

Couple divorces over failure to agree on new baby's name

A Saudi couple divorced days after the birth of their first son because the two could not agree on a name for the child, a Saudi newspaper reported Sunday.The father of the child insisted on naming his son after his own deceased father.
Published 25 May, 2009 12:00am
Suicide car bomber kills seven in Somalia, residents flee

Suicide car bomber kills seven in Somalia, residents flee

A suicide bomber killed six policemen and a civilian on Sunday in Somalia's capital, where hard-line Islamist insurgents and pro-government forces fired shells at each other for a third day running. Abdifatah Shaweye, deputy governor of Mogadishu, said th
Published 25 May, 2009 12:00am
US withdrawal from Iraq 'on track' despite violence: Mullen

US withdrawal from Iraq 'on track' despite violence: Mullen

The withdrawal of US combat forces from Iraqi cities by the end of the month remains "very much on track" despite a spike in violence there, the top US military officer said Sunday. Admiral Michael Mullen, the chairman of the Joint Chiefs of Staff, also s
Published 25 May, 2009 12:00am
Close to 10,000 Tamil rebels surrender: paper

Close to 10,000 Tamil rebels surrender: paper

As many as 10,000 Tamil rebels have surrendered to the Sri Lankan government in the northern part of the country. Most of them are due to undergo rehabilitation, a state run newspaper reported Sunday.The government has already started rehabilitation progr
Published 25 May, 2009 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 18 to 23 2009).

Published 25 May, 2009 12:00am
The Weather

The Weather

The weather report on Sunday (May 24, 2009) and the forecast for Monday (May 25, 2009).

Published 25 May, 2009 12:00am
Islamabad and Tehran sign gas pipeline accord

Islamabad and Tehran sign gas pipeline accord

President Asif Ali Zardari and his Iranian counterpart Dr Mahmood Ahmadinejad on Sunday signed an intergovernmental framework declaration to support within the framework of their respective laws and regulations, the gas deal signed by the oil ministries o
Published 25 May, 2009 12:00am
Islamabad and Tehran sign gas pipeline accord

Islamabad and Tehran sign gas pipeline accord

President Asif Ali Zardari and his Iranian counterpart Dr Mahmood Ahmadinejad on Sunday signed an intergovernmental framework declaration to support within the framework of their respective laws and regulations, the gas deal signed by the oil ministries o
Published 25 May, 2009 12:00am
Islamabad and Tehran sign gas pipeline accord

Islamabad and Tehran sign gas pipeline accord

President Asif Ali Zardari and his Iranian counterpart Dr Mahmood Ahmadinejad on Sunday signed an intergovernmental framework declaration to support within the framework of their respective laws and regulations, the gas deal signed by the oil ministries o
Published 25 May, 2009 12:00am
Summit vows to fight drugs and extremism

Summit vows to fight drugs and extremism

Iranian President Mahmoud Ahmadinejad and his counterparts from Afghanistan and Pakistan on Sunday declared their joint commitment to battling extremism and drug smuggling in the region. Ahmadinejad, Afghan President Hamid Karzai and Asif Ali Zardari sign
Published 25 May, 2009 12:00am
India faces greater threat from China than Pakistan

India faces greater threat from China than Pakistan

India faces a greater threat from China than Pakistan because New Delhi knows little about Beijing's combat capabilities, India's air force chief told a newspaper in an interview published on Sunday.
Published 25 May, 2009 12:00am
India faces greater threat from China than Pakistan

India faces greater threat from China than Pakistan

India faces a greater threat from China than Pakistan because New Delhi knows little about Beijing's combat capabilities, India's air force chief told a newspaper in an interview published on Sunday.
Published 25 May, 2009 12:00am
Troops secure many areas in Mingora

Troops secure many areas in Mingora

Security forces have secured important areas in Mingora city where street battles continued on Sunday that left 10 militants killed. Three security personnel embraced Shahdat and six were injured, said the Inter Services Public Relations (ISPR). In the he
Published 25 May, 2009 12:00am
Troops secure many areas in Mingora

Troops secure many areas in Mingora

Security forces have secured important areas in Mingora city where street battles continued on Sunday that left 10 militants killed. Three security personnel embraced Shahdat and six were injured, said the Inter Services Public Relations (ISPR). In the he
Published 25 May, 2009 12:00am
Foreign troops no help to region's security: Iran

Foreign troops no help to region's security: Iran

Iranian President Mahmoud Ahmadinejad attacked the presence of foreign forces in the region at a summit with his Afghan and Pakistani counterparts on Sunday aimed at tackling terrorism and other security problems.
Published 25 May, 2009 12:00am
Foreign troops no help to region's security: Iran

Foreign troops no help to region's security: Iran

Iranian President Mahmoud Ahmadinejad attacked the presence of foreign forces in the region at a summit with his Afghan and Pakistani counterparts on Sunday aimed at tackling terrorism and other security problems.
Published 25 May, 2009 12:00am
Summit vows to fight drugs and extremism

Summit vows to fight drugs and extremism

Iranian President Mahmoud Ahmadinejad and his counterparts from Afghanistan and Pakistan on Sunday declared their joint commitment to battling extremism and drug smuggling in the region. Ahmadinejad, Afghan President Hamid Karzai and Asif Ali Zardari sign
Published 25 May, 2009 12:00am
G8 energy leaders urge stable oil prices

G8 energy leaders urge stable oil prices

Consumer nations on Sunday urged producers to keep oil prices stable or risk derailing a fragile global economic recovery, as top exporter Saudi Arabia forecast prices eventually moving towards $75 a barrel. Group of Eight energy ministers were meeting in
Published 25 May, 2009 12:00am
G8 energy leaders urge stable oil prices

G8 energy leaders urge stable oil prices

Consumer nations on Sunday urged producers to keep oil prices stable or risk derailing a fragile global economic recovery, as top exporter Saudi Arabia forecast prices eventually moving towards $75 a barrel. Group of Eight energy ministers were meeting in
Published 25 May, 2009 12:00am
G8 energy leaders urge stable oil prices

G8 energy leaders urge stable oil prices

Consumer nations on Sunday urged producers to keep oil prices stable or risk derailing a fragile global economic recovery, as top exporter Saudi Arabia forecast prices eventually moving towards $75 a barrel. Group of Eight energy ministers were meeting in
Published 25 May, 2009 12:00am
Dr Taj removes 5,568 stones from gallbladder of patient

Dr Taj removes 5,568 stones from gallbladder of patient

A renowned young Pakistani Laparoscopic surgeon Dr Naeem Taj has made new world record by removing some 5,568 stones from gallbladder of a 85-year old patient Hasina Begum, who was operated at Taj Surgery, Saadi Road, here on Sunday. Dr Zakia Taj, Dr Arsh
Published 25 May, 2009 12:00am
Dr Taj removes 5,568 stones from gallbladder of patient

Dr Taj removes 5,568 stones from gallbladder of patient

A renowned young Pakistani Laparoscopic surgeon Dr Naeem Taj has made new world record by removing some 5,568 stones from gallbladder of a 85-year old patient Hasina Begum, who was operated at Taj Surgery, Saadi Road, here on Sunday. Dr Zakia Taj, Dr Arsh
Published 25 May, 2009 12:00am
Symonds leads Deccan Chargers to IPL title

Symonds leads Deccan Chargers to IPL title

Australian all-rounder Andrew Symonds led the Deccan Chargers to a six-run victory over the Bangalore Royal Challengers in the Indian Premier League Twenty20 final at the Wanderers on Sunday. Symonds, who has not been included in the Australia team to def
Published 25 May, 2009 12:00am
Symonds leads Deccan Chargers to IPL title

Symonds leads Deccan Chargers to IPL title

Australian all-rounder Andrew Symonds led the Deccan Chargers to a six-run victory over the Bangalore Royal Challengers in the Indian Premier League Twenty20 final at the Wanderers on Sunday. Symonds, who has not been included in the Australia team to def
Published 25 May, 2009 12:00am
Gulf builds hotels worth $140 billion amid crisis: study

Gulf builds hotels worth $140 billion amid crisis: study

Gulf Arab countries have more than $140 billion worth of hotel projects under construction, with just 19 percent being suspended or cancelled as the industry faces a global slowdown, a survey showed on Sunday.
Published 25 May, 2009 12:00am
Hundreds of UK lawmakers could face ouster or quit

Hundreds of UK lawmakers could face ouster or quit

A major purge of veteran lawmakers is likely at Britain's next national election due to mounting public anger over the expenses scandal, opposition leader David Cameron said Sunday as a new study estimated that over 300 lawmakers could be forced out.
Published 25 May, 2009 12:00am
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