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Archive - 2010-12-20
Change, or perhaps no change
BR Research

Change, or perhaps no change

Not everybody can create ripples in the entire government set-up by having as few as seven seats in a house of 342. But then, not everybody
Published 20 Dec, 2010 12:00am
Israeli settlements 'displace' Palestinians: HRW

Israeli settlements 'displace' Palestinians: HRW

Palestinians in the occupied West Bank lack basic amenities and are effectively being forcibly displaced by discriminatory Israeli policies, Human Rights Watch (HRW) said in a report released on Sunday.
Published 20 Dec, 2010 12:00am
Five Gazans dead in Israel raid

Five Gazans dead in Israel raid

Five Palestinian militants were killed as Israeli warplanes struck the Gaza Strip late on Saturday, Israel's military and Palestinian sources said. Warplanes hit central Gaza to take out a squad of militants about to fire rockets at Israel, the military s
Published 20 Dec, 2010 12:00am
US-Turkish ties 'more important than ever': Obama

US-Turkish ties 'more important than ever': Obama

US ties with Turkey are "more important than ever" despite differences over Iran, President Barack Obama said, also urging Ankara to repair ties with Israel, in an interview published Sunday. "Our shared interests, our shared values... undergird our relat
Published 20 Dec, 2010 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 13 to 18 2010)

Published 20 Dec, 2010 12:00am
The Weather

The Weather

The weather report on Sunday (December 19, 2010) and the forecast for Monday (December 20, 2010).

Published 20 Dec, 2010 12:00am
Petrol price quadruples overnight in Iran

Petrol price quadruples overnight in Iran

The price of gasoline in Iran rose four-fold on Sunday while a heavy police presence ensured there was no repeat of rioting seen the last time the government restricted access to heavily subsidised fuel.
Published 20 Dec, 2010 12:00am
Petrol price quadruples overnight in Iran

Petrol price quadruples overnight in Iran

The price of gasoline in Iran rose four-fold on Sunday while a heavy police presence ensured there was no repeat of rioting seen the last time the government restricted access to heavily subsidised fuel.
Published 20 Dec, 2010 12:00am
Petrol price quadruples overnight in Iran

Petrol price quadruples overnight in Iran

The price of gasoline in Iran rose four-fold on Sunday while a heavy police presence ensured there was no repeat of rioting seen the last time the government restricted access to heavily subsidised fuel.
Published 20 Dec, 2010 12:00am
Wen vows to boost strategic, trade ties

Wen vows to boost strategic, trade ties

Chinese Prime Minister Wen Jiabao on Sunday pledged to strengthen strategic, trade and economic ties by brazening out all challenges, and vowed to stand by Pakistan to further deepen the all-weather friendship between the two countries in a bid to bring p
Published 20 Dec, 2010 12:00am
Wen vows to boost strategic, trade ties

Wen vows to boost strategic, trade ties

Chinese Prime Minister Wen Jiabao on Sunday pledged to strengthen strategic, trade and economic ties by brazening out all challenges, and vowed to stand by Pakistan to further deepen the all-weather friendship between the two countries in a bid to bring p
Published 20 Dec, 2010 12:00am
Wen vows to boost strategic, trade ties

Wen vows to boost strategic, trade ties

Chinese Prime Minister Wen Jiabao on Sunday pledged to strengthen strategic, trade and economic ties by brazening out all challenges, and vowed to stand by Pakistan to further deepen the all-weather friendship between the two countries in a bid to bring p
Published 20 Dec, 2010 12:00am
Unilateral tariff concession on 268 items signed: Kaira

Unilateral tariff concession on 268 items signed: Kaira

Federal Minister for Information and Broadcasting Qamar Zaman Kaira on Sunday said that China has assured complete support to Pakistan in all sectors, besides endorsing its efforts to maintain security, sovereignty, integrity and peace in the region.
Published 20 Dec, 2010 12:00am
Unilateral tariff concession on 268 items signed: Kaira

Unilateral tariff concession on 268 items signed: Kaira

Federal Minister for Information and Broadcasting Qamar Zaman Kaira on Sunday said that China has assured complete support to Pakistan in all sectors, besides endorsing its efforts to maintain security, sovereignty, integrity and peace in the region.
Published 20 Dec, 2010 12:00am
Unilateral tariff concession on 268 items signed: Kaira

Unilateral tariff concession on 268 items signed: Kaira

Federal Minister for Information and Broadcasting Qamar Zaman Kaira on Sunday said that China has assured complete support to Pakistan in all sectors, besides endorsing its efforts to maintain security, sovereignty, integrity and peace in the region.
Published 20 Dec, 2010 12:00am
Joint statement issued

Joint statement issued

Pakistan and China resolved to consolidate and deepen their all weather strategic partnership of co-operation in the backdrop of a complex and ever changing international and regional situation. A joint statement issued by Foreign Office here on Sunday at
Published 20 Dec, 2010 12:00am
Joint statement issued

Joint statement issued

Pakistan and China resolved to consolidate and deepen their all weather strategic partnership of co-operation in the backdrop of a complex and ever changing international and regional situation. A joint statement issued by Foreign Office here on Sunday at
Published 20 Dec, 2010 12:00am
Joint statement issued

Joint statement issued

Pakistan and China resolved to consolidate and deepen their all weather strategic partnership of co-operation in the backdrop of a complex and ever changing international and regional situation. A joint statement issued by Foreign Office here on Sunday at
Published 20 Dec, 2010 12:00am
Al Qaeda aims to 'bring down' Pakistan, says Biden

Al Qaeda aims to 'bring down' Pakistan, says Biden

Al-Qaeda is trying to "bring down" Pakistan, US Vice President Joe Biden warned Sunday, days after a war review tip-toed around Islamabad's role in fighting extremists. "Our overarching goal and our rationale for being there is to dismantle, ultimately de
Published 20 Dec, 2010 12:00am
Al Qaeda aims to 'bring down' Pakistan, says Biden

Al Qaeda aims to 'bring down' Pakistan, says Biden

Al-Qaeda is trying to "bring down" Pakistan, US Vice President Joe Biden warned Sunday, days after a war review tip-toed around Islamabad's role in fighting extremists. "Our overarching goal and our rationale for being there is to dismantle, ultimately de
Published 20 Dec, 2010 12:00am
THE RUPEE: mixed pattern

THE RUPEE: mixed pattern

Mixed trend was seen on the currency market as the rupee managed to resist sharp losses in relation to dollar during the week ended on December 18, 2010. On the interbank market, the rupee posted a gain of six paisa in relation to dollar for buying and se
Published 20 Dec, 2010 12:00am
THE RUPEE: mixed pattern

THE RUPEE: mixed pattern

Mixed trend was seen on the currency market as the rupee managed to resist sharp losses in relation to dollar during the week ended on December 18, 2010. On the interbank market, the rupee posted a gain of six paisa in relation to dollar for buying and se
Published 20 Dec, 2010 12:00am
FBR can enforce VAT mode: Parliament's approval not required

FBR can enforce VAT mode: Parliament's approval not required

The Federal Board of Revenue (FBR) has the legal authority to continue with the existing value-added tax (VAT) regime and levy Federal excise duty (FED) in VAT mode to increase documentation by amending the existing Sales Tax Act 1990 without obtaining pr
Published 20 Dec, 2010 12:00am
FBR can enforce VAT mode: Parliament's approval not required

FBR can enforce VAT mode: Parliament's approval not required

The Federal Board of Revenue (FBR) has the legal authority to continue with the existing value-added tax (VAT) regime and levy Federal excise duty (FED) in VAT mode to increase documentation by amending the existing Sales Tax Act 1990 without obtaining pr
Published 20 Dec, 2010 12:00am
FBR can enforce VAT mode: Parliament''s approval not required

FBR can enforce VAT mode: Parliament''s approval not required

The Federal Board of Revenue (FBR) has the legal authority to continue with the existing value-added tax (VAT) regime and levy Federal excise duty (FED) in VAT mode to increase documentation by amending the existing Sales Tax Act 1990 without obtaining pr
Published 20 Dec, 2010 12:00am
Gas loadshedding: Gilani to hold meeting with Shahbaz today

Gas loadshedding: Gilani to hold meeting with Shahbaz today

Prime Minister Yousuf Raza Gilani has convened a meeting on Monday with Punjab Chief Minister Shahbaz Sharif to mend differences between the Centre and Punjab over gas load shedding as the latter has termed the gas closure for industries a conspiracy agai
Published 20 Dec, 2010 12:00am
Gas loadshedding: Gilani to hold meeting with Shahbaz today

Gas loadshedding: Gilani to hold meeting with Shahbaz today

Prime Minister Yousuf Raza Gilani has convened a meeting on Monday with Punjab Chief Minister Shahbaz Sharif to mend differences between the Centre and Punjab over gas load shedding as the latter has termed the gas closure for industries a conspiracy agai
Published 20 Dec, 2010 12:00am
Gas loadshedding: Gilani to hold meeting with Shahbaz today

Gas loadshedding: Gilani to hold meeting with Shahbaz today

Prime Minister Yousuf Raza Gilani has convened a meeting on Monday with Punjab Chief Minister Shahbaz Sharif to mend differences between the Centre and Punjab over gas load shedding as the latter has termed the gas closure for industries a conspiracy agai
Published 20 Dec, 2010 12:00am
Setting up LPG auto stations: Ogra makes disputed amendment in rules

Setting up LPG auto stations: Ogra makes disputed amendment in rules

The Oil and Gas Regulatory Authority (Ogra) has made controversial amendments in the regulatory framework by allowing LPG sector to set up LPG auto stations in congested and residential areas, which may pose serious threat to public safety.
Published 20 Dec, 2010 12:00am
Setting up LPG auto stations: Ogra makes disputed amendment in rules

Setting up LPG auto stations: Ogra makes disputed amendment in rules

The Oil and Gas Regulatory Authority (Ogra) has made controversial amendments in the regulatory framework by allowing LPG sector to set up LPG auto stations in congested and residential areas, which may pose serious threat to public safety.
Published 20 Dec, 2010 12:00am
Setting up LPG auto stations: Ogra makes disputed amendment in rules

Setting up LPG auto stations: Ogra makes disputed amendment in rules

The Oil and Gas Regulatory Authority (Ogra) has made controversial amendments in the regulatory framework by allowing LPG sector to set up LPG auto stations in congested and residential areas, which may pose serious threat to public safety.
Published 20 Dec, 2010 12:00am
Index gains 165.93 points

Index gains 165.93 points

Bullish trend continued at the Karachi share market during the three-day week ended on December 18, 2010 and KSE-100 index surged by 165.93 points to close at 11,786.09 points on the back of strong interest of foreign investors.
Published 20 Dec, 2010 12:00am
Index gains 165.93 points

Index gains 165.93 points

Bullish trend continued at the Karachi share market during the three-day week ended on December 18, 2010 and KSE-100 index surged by 165.93 points to close at 11,786.09 points on the back of strong interest of foreign investors.
Published 20 Dec, 2010 12:00am
Index gains 165.93 points

Index gains 165.93 points

Bullish trend continued at the Karachi share market during the three-day week ended on December 18, 2010 and KSE-100 index surged by 165.93 points to close at 11,786.09 points on the back of strong interest of foreign investors.
Published 20 Dec, 2010 12:00am
Hezb-i-Islami backs TAPI project

Hezb-i-Islami backs TAPI project

An Afghan insurgent faction has voiced its backing for construction of a multi-billion dollar gas pipeline through Afghanistan and even pledged to provide security on a project stalled for over a decade by politics and violence.
Published 20 Dec, 2010 12:00am
Hezb-i-Islami backs TAPI project

Hezb-i-Islami backs TAPI project

An Afghan insurgent faction has voiced its backing for construction of a multi-billion dollar gas pipeline through Afghanistan and even pledged to provide security on a project stalled for over a decade by politics and violence.
Published 20 Dec, 2010 12:00am
SBP moot on 'Economic Policy' cancelled

SBP moot on 'Economic Policy' cancelled

The State Bank of Pakistan has cancelled its two-day international conference on 'Economic Policy after the Financial Crisis', which was scheduled to be held in Karachi during this week.
Published 20 Dec, 2010 12:00am
SBP moot on 'Economic Policy' cancelled

SBP moot on 'Economic Policy' cancelled

The State Bank of Pakistan has cancelled its two-day international conference on 'Economic Policy after the Financial Crisis', which was scheduled to be held in Karachi during this week.
Published 20 Dec, 2010 12:00am
MONEY WEEK: say 'Yes' to China

MONEY WEEK: say 'Yes' to China

"Go east, young man" looks set to become the rallying cry of the 21st century", the latest Economist aptly pointed out this month. With 87 percent of Chinese, unlike 30 percent of Americans, thinking that their country is going in the right direction, acc
Published 20 Dec, 2010 12:00am
MONEY WEEK: say 'Yes' to China

MONEY WEEK: say 'Yes' to China

"Go east, young man" looks set to become the rallying cry of the 21st century", the latest Economist aptly pointed out this month. With 87 percent of Chinese, unlike 30 percent of Americans, thinking that their country is going in the right direction, acc
Published 20 Dec, 2010 12:00am
MONEY WEEK: say ''Yes'' to China

MONEY WEEK: say ''Yes'' to China

"Go east, young man" looks set to become the rallying cry of the 21st century", the latest Economist aptly pointed out this month. With 87 percent of Chinese, unlike 30 percent of Americans, thinking that their country is going in the right direction, acc
Published 20 Dec, 2010 12:00am
Militants hold Afghan army centre after deadly attack

Militants hold Afghan army centre after deadly attack

Troops shot dead rebels at an army recruitment centre in northern Afghanistan Sunday to end a day-long seige following two attacks by militants that killed at least 13 security personnel. The gunbattle between insurgents and security forces in Kunduz erup
Published 20 Dec, 2010 12:00am
Militants hold Afghan army centre after deadly attack

Militants hold Afghan army centre after deadly attack

Troops shot dead rebels at an army recruitment centre in northern Afghanistan Sunday to end a day-long seige following two attacks by militants that killed at least 13 security personnel. The gunbattle between insurgents and security forces in Kunduz erup
Published 20 Dec, 2010 12:00am
Christmas getaway misery as snow hits Europe

Christmas getaway misery as snow hits Europe

Heavy snow disrupted European flights over the weekend and stranded hundreds of drivers as far south as Italy as a white Christmas appeared increasingly likely in many countries. On the final weekend for travellers before Christmas, some of the continent'
Published 20 Dec, 2010 12:00am
Christmas getaway misery as snow hits Europe

Christmas getaway misery as snow hits Europe

Heavy snow disrupted European flights over the weekend and stranded hundreds of drivers as far south as Italy as a white Christmas appeared increasingly likely in many countries. On the final weekend for travellers before Christmas, some of the continent'
Published 20 Dec, 2010 12:00am
Tendulkar hits 50th Test century

Tendulkar hits 50th Test century

Indian batting star Sachin Tendulkar on Sunday became the first player to hit 50 centuries in Test matches when he played a defiant innings on the fourth day of the first Test against South Africa at SuperSport Park. Tendulkar, 37, reached the landmark 56
Published 20 Dec, 2010 12:00am
Tendulkar hits 50th Test century

Tendulkar hits 50th Test century

Indian batting star Sachin Tendulkar on Sunday became the first player to hit 50 centuries in Test matches when he played a defiant innings on the fourth day of the first Test against South Africa at SuperSport Park. Tendulkar, 37, reached the landmark 56
Published 20 Dec, 2010 12:00am
Foreigners invest $22.6 million in equities

Foreigners invest $22.6 million in equities

Foreign investors continued their buying spree during the three-day week ended on December 18, 2010 with net investment of $22.6 million. According to National Clearing Company of Pakistan Limited (NCCPL) data, the cumulative inflow of this mode of invest
Published 20 Dec, 2010 12:00am
Foreigners invest $22.6 million in equities

Foreigners invest $22.6 million in equities

Foreign investors continued their buying spree during the three-day week ended on December 18, 2010 with net investment of $22.6 million. According to National Clearing Company of Pakistan Limited (NCCPL) data, the cumulative inflow of this mode of invest
Published 20 Dec, 2010 12:00am
Foreigners invest $22.6 million in equities

Foreigners invest $22.6 million in equities

Foreign investors continued their buying spree during the three-day week ended on December 18, 2010 with net investment of $22.6 million. According to National Clearing Company of Pakistan Limited (NCCPL) data, the cumulative inflow of this mode of invest
Published 20 Dec, 2010 12:00am
Foreigners invest $22.6 million in equities

Foreigners invest $22.6 million in equities

Foreign investors continued their buying spree during the three-day week ended on December 18, 2010 with net investment of $22.6 million. According to National Clearing Company of Pakistan Limited (NCCPL) data, the cumulative inflow of this mode of invest
Published 20 Dec, 2010 12:00am
Spain's deputy Prime Minister visits Afghanistan

Spain's deputy Prime Minister visits Afghanistan

The Interior Ministry says Spain's deputy prime minister has made an unannounced morale-boosting visit to northwestern Afghanistan, where Spanish troops serve in the Nato-led security force. The ministry said Alfredo Perez Rubalcaba, who is also Interior
Published 20 Dec, 2010 12:00am
Spain's deputy Prime Minister visits Afghanistan

Spain's deputy Prime Minister visits Afghanistan

The Interior Ministry says Spain's deputy prime minister has made an unannounced morale-boosting visit to northwestern Afghanistan, where Spanish troops serve in the Nato-led security force. The ministry said Alfredo Perez Rubalcaba, who is also Interior
Published 20 Dec, 2010 12:00am
Iran MPs push for cut in ties with Britain

Iran MPs push for cut in ties with Britain

An influential group of Iranian MPs on Sunday backed a motion to cut all ties with Britain after its ambassador criticised the Islamic republic on human rights, the official IRNA news agency reported. Parliament's foreign policy and national security comm
Published 20 Dec, 2010 12:00am
Iran MPs push for cut in ties with Britain

Iran MPs push for cut in ties with Britain

An influential group of Iranian MPs on Sunday backed a motion to cut all ties with Britain after its ambassador criticised the Islamic republic on human rights, the official IRNA news agency reported. Parliament's foreign policy and national security comm
Published 20 Dec, 2010 12:00am
Architect of the euro Padoa-Schioppa dies

Architect of the euro Padoa-Schioppa dies

Former European Central Bank Executive Board member and Italian Economy Minister Tommaso Padoa-Schioppa, an architect of the euro and one of Italy's most respected figures, died on Saturday evening of a heart attack.
Published 20 Dec, 2010 12:00am
Architect of the euro Padoa-Schioppa dies

Architect of the euro Padoa-Schioppa dies

Former European Central Bank Executive Board member and Italian Economy Minister Tommaso Padoa-Schioppa, an architect of the euro and one of Italy's most respected figures, died on Saturday evening of a heart attack.
Published 20 Dec, 2010 12:00am
US woman found dead near Jerusalem

US woman found dead near Jerusalem

Israeli police on Sunday found the dead body of a US woman who went missing near Jerusalem, and were investigating whether she was the target of a terror attack, a spokesman said. The body was discovered after her British friend was found by passers-by on
Published 20 Dec, 2010 12:00am
US woman found dead near Jerusalem

US woman found dead near Jerusalem

Israeli police on Sunday found the dead body of a US woman who went missing near Jerusalem, and were investigating whether she was the target of a terror attack, a spokesman said. The body was discovered after her British friend was found by passers-by on
Published 20 Dec, 2010 12:00am
Haiti cholera toll passes 2,500

Haiti cholera toll passes 2,500

Haiti's cholera toll has passed 2,500, official figures showed Sunday, dashing hopes the fatality rate might be beginning to taper off. The health ministry listed 2,535 deaths since the outbreak in the impoverished Caribbean nation erupted in mid-October.
Published 20 Dec, 2010 12:00am
Haiti cholera toll passes 2,500

Haiti cholera toll passes 2,500

Haiti's cholera toll has passed 2,500, official figures showed Sunday, dashing hopes the fatality rate might be beginning to taper off. The health ministry listed 2,535 deaths since the outbreak in the impoverished Caribbean nation erupted in mid-October.
Published 20 Dec, 2010 12:00am
Parliamentary body clears name of IHC CJ, two judges

Parliamentary body clears name of IHC CJ, two judges

The Parliamentary Committee on judges' appointment on Sunday approved Justice Iqbal Hameed-ur-Rehman's nomination as the first Chief Justice of Islamabad High Court (IHC) by the Judicial Commission. The parliamentary body also cleared two other names nomi
Published 20 Dec, 2010 12:00am
Zardari again extends hand of friendship to Nawaz

Zardari again extends hand of friendship to Nawaz

President Asif Ali Zardari has once again extended hand of friendship to PML-N Quaid Mian Nawaz Sharif and invited him to nominate senior party representatives to "jointly take difficult decisions required to take the country forward".
Published 20 Dec, 2010 12:00am
Sino-Pak friendship withstood many tests over years: Fehmida

Sino-Pak friendship withstood many tests over years: Fehmida

Speaker National Assembly Dr Fehmida Mirza said on Sunday that the continued political instability in Afghanistan, diplomatic deadlock in the Middle East Peace process and the unresolved issue of Kashmir are major political flashpoints affecting Pakistan,
Published 20 Dec, 2010 12:00am
Wen leaves after a three-day visit to Pakistan

Wen leaves after a three-day visit to Pakistan

Chinese Premier Wen Jiabao left here for China on Sunday after completing three-day official visit to Pakistan. The Chinese Premier and his delegation was seen off at the airport by Prime Minister Syed Yousuf Raza Gilani, members of federal cabinet and ot
Published 20 Dec, 2010 12:00am
'Chinese Prime Minister's speech reflects warmth of relationship'

'Chinese Prime Minister's speech reflects warmth of relationship'

Minister for Information and Broadcasting, Qamar Zaman Kaira on Sunday said that Chinese premier Wen Jiabao's address to the joint session of the parliament is a reflection of warm relationship between the two brotherly countries.
Published 20 Dec, 2010 12:00am
Jiabao's visit termed highly fruitful

Jiabao's visit termed highly fruitful

Pakistani Ambassador to China, Masood Khan on Sunday termed Chinese Premier Wen Jiabao's visit fruitful for Pakistan, saying it would help in further strengthen ties with the friendly country.
Published 20 Dec, 2010 12:00am
Jiabao's unique visit brings friends, foes together

Jiabao's unique visit brings friends, foes together

Premier Wen Jiabao's visit to Pakistan had several unique events, making it stand apart from the official visits of other heads of states and governments to Pakistan. Premier Jiabao, though was the sixth world leader to address the joint sitting of the pa
Published 20 Dec, 2010 12:00am
Highlights of Chinese Prime Minister's address

Highlights of Chinese Prime Minister's address

Standing ovation was given to the Chinese Premier Wen Jiabao as he entered the NA hall. The Chinese Premier waved his hand and thanked Members of the Parliament.
Published 20 Dec, 2010 12:00am
China to help build new dams: Qureshi

China to help build new dams: Qureshi

Foreign Minister Shah Mehmood Qureshi has said that we have a very long-standing friendship with China and China has helped Pakistan in every hour of need. He said that economy of China is progressing by leaps and bounds and Pakistan should take the advan
Published 20 Dec, 2010 12:00am
'New era of relationship begins with China'

'New era of relationship begins with China'

Provincial Minister of Finance and Planning & Development Tanvir Ashraf Kaira has said that the official visit of Prime Minister of China was the historic and successful and the new era of relationship between two countries has been started.
Published 20 Dec, 2010 12:00am
Government, opposition united on Sino-Pak friendship: Nisar

Government, opposition united on Sino-Pak friendship: Nisar

The Leader of Opposition in the National Assembly, Nisar Ali Khan, has said that the government and the opposition may have differences, but they are united on the issue of Sino-Pak friendship. He expressed these views while extending warm welcome to visi
Published 20 Dec, 2010 12:00am
Business community terms Wen's visit 'very successful'

Business community terms Wen's visit 'very successful'

The business community on Sunday termed the Chines Primer, Wen Jaibao's Pakistan visit as very successful, particularly in terms of enhancing economic and business ties between the two friendly countries.
Published 20 Dec, 2010 12:00am
Parliamentarians applaud Chinese premier's address

Parliamentarians applaud Chinese premier's address

Interior Minister, Rehman Malik Sunday said the address of Chinese Premier to the joint sitting of the parliament sent a strong messages to the enemies of Pakistan. Talking to media after the address of Chinese Premier, senator Rehman Malik said the speec
Published 20 Dec, 2010 12:00am
'Wen's visit to further boost Sino-Pak ties'

'Wen's visit to further boost Sino-Pak ties'

A veteran politician Asfandayar Wali Khan and Advisor to the Prime Minister Asma Alamgir Sunday termed Chinese Primer Wen Jiabao's visit and address to the parliament as historic one, saying it would further strengthen Sino-Pak relations.
Published 20 Dec, 2010 12:00am
Minister lauds Chinese Prime Minister's address

Minister lauds Chinese Prime Minister's address

Federal Minister for Women Development, Firdous Ashiq Awan on Sunday said the interaction of Chinese leadership with public representatives of Pakistan would further enhance relations between the two countries. Commenting on Chinese Premier Wen Jiabao's a
Published 20 Dec, 2010 12:00am
Draft of 19th Amendment Bill, 2010 finalised

Draft of 19th Amendment Bill, 2010 finalised

The parliamentary committee on constitutional reforms has finalised the draft of the 19th Amendment Bill, 2010. The Committee met with Mian Raza Rabbani in the chair at Parliament House on Sunday. Maulana Fazl-ur-Rehman, Ishaq Dar, Dr Muhammad Farooq Satt
Published 20 Dec, 2010 12:00am
945 ginning factories operational in Sindh and Punjab: PCGA

945 ginning factories operational in Sindh and Punjab: PCGA

Chairman of Pakistan Cotton Ginners Association (PCGA), Masood A Majeed said that total 945 ginning factories are operational in Sindh and Punjab. 10,20,038 bales of cotton were received during last fortnight from December 1st to 15, 2010. Though recent f
Published 20 Dec, 2010 12:00am
NH&MP, Daewoo to conduct drivers' training programme

NH&MP, Daewoo to conduct drivers' training programme

National Highway and Motorway Police (NH&MP) has joined hands with Daewoo Pakistan for conducting 'Drivers Safety Training' programme, aimed at ensuring training of drivers. This was stated by NH&MP IG, Dr Wasim Kauser while chairing a meeting with an off
Published 20 Dec, 2010 12:00am
Corrupt politicians have led nation to anarchy: PTI

Corrupt politicians have led nation to anarchy: PTI

Pakistan Tehreek-e-Insaf (PTI) Punjab chapter has alleged that corrupt politicians have led nation to anarchy, and used the policy of so called National Reconciliation to exploit the people of Pakistan. PTI provincial leaders discussed the current politic
Published 20 Dec, 2010 12:00am
PML-Q wants government to complete its tenure

PML-Q wants government to complete its tenure

Pakistan Muslim League (PML-Q) President Chaudhry Shujaat Hussain has said that his party did not support any change in the Parliament and wanted the government to complete its tenure.
Published 20 Dec, 2010 12:00am
Drone attacks serious threat to Pakistan's sovereignty: JI

Drone attacks serious threat to Pakistan's sovereignty: JI

Deputy Secretary General, Jamaat e Islami, Dr Farid Ahmed Piracha, has said that Islamabad's acceptance of the US dictation on North Waziristan military operation and the RGST showed that the Pakistani rulers were completely shameless and obstinate.
Published 20 Dec, 2010 12:00am
No threat to government after JUI-F exit

No threat to government after JUI-F exit

Pakistan People's Party (PPP) Women Wing Lahore President, Faiza Malik has warned that any attempt to oust PPP-led government would be a fatal blow to democracy in the country. Addressing a gathering of PPP women workers at her residence on Sunday, she sa
Published 20 Dec, 2010 12:00am
Forces seize 89 missiles; four outlaws held

Forces seize 89 missiles; four outlaws held

The security forces seized huge quantity of arms and ammunition including 89 missiles during a successful raid at Akakhel in Khyber Agency and arrested four outlaws red-handed.
Published 20 Dec, 2010 12:00am
Call to exempt Sialkot from gas loadshedding

Call to exempt Sialkot from gas loadshedding

Business community and people belonging to different shade of life including women folk have urged upon the government that Sialkot, which is export city of the country should be exempted from load shedding of sui gas.
Published 20 Dec, 2010 12:00am
Prime Minister hails LEAs for maintaining peace

Prime Minister hails LEAs for maintaining peace

Prime Minister, Syed Yusuf Raza Gilani has appreciated the role of law enforcement agencies for making excellent arrangements during Muharram, visit of Chinese premier and joint session of the parliament. He added that this has sent a positive message to
Published 20 Dec, 2010 12:00am
British investors await BoE's explanations

British investors await BoE's explanations

British investors in the week ahead will pay careful attention to an explanation from the Bank of England of its decision to maintain interest rates an historic low at a time of increased inflation pressure. The FTSE 100 index ended the week Friday at 5,8
Published 20 Dec, 2010 12:00am
JGB market issuance seen at 147 trillion yen

JGB market issuance seen at 147 trillion yen

Japan is expected to issue 147 trillion yen ($1.8 trillion) in government bonds to the market next fiscal year, a Reuters poll showed, another record amount for the most indebted industrialised nation.
Published 20 Dec, 2010 12:00am
JGB market issuance seen at 147 trillion yen

JGB market issuance seen at 147 trillion yen

Japan is expected to issue 147 trillion yen ($1.8 trillion) in government bonds to the market next fiscal year, a Reuters poll showed, another record amount for the most indebted industrialised nation.
Published 20 Dec, 2010 12:00am
Middle East Stocks: Abu Dhabi's Aldar at one-week high

Middle East Stocks: Abu Dhabi's Aldar at one-week high

Abu Dhabi's Aldar Properties ended at a one-week high on Sunday on hopes of government help with its debt, lifting the emirate's index, while other regional bourses were mixed in lacklustre trading. Aldar, Abu Dhabi's largest developer by market value, ro
Published 20 Dec, 2010 12:00am
Frankfurt bourse seen attracting Chinese IPOs

Frankfurt bourse seen attracting Chinese IPOs

Frankfurt looks set to beat out Paris and London as a European hub for smaller Chinese listings thanks to a drive by exchange operator Deutsche Boerse, lower costs and a reputation for efficiency. "It's a snowball effect," said Carsten Klante, managing di
Published 20 Dec, 2010 12:00am
Patel's plan to weaken South African rand no answer

Patel's plan to weaken South African rand no answer

South Africa's economic development Minister Ebrahim Patel's plan to weaken the rand by cutting interest rates is unlikely to gain support in government and would not increase the country's competitiveness. His proposals on the rand are at odds with the p
Published 20 Dec, 2010 12:00am
US primary dealers boost Treasury yield expectations

US primary dealers boost Treasury yield expectations

Leading US economists are ratcheting up their outlook for interest rates on benchmark Treasuries in more optimistic expectations for economic growth, a Reuters poll found on Tuesday.
Published 20 Dec, 2010 12:00am
US primary dealers boost Treasury yield expectations

US primary dealers boost Treasury yield expectations

Leading US economists are ratcheting up their outlook for interest rates on benchmark Treasuries in more optimistic expectations for economic growth, a Reuters poll found on Tuesday.
Published 20 Dec, 2010 12:00am
Fewer players to dominate foreign exchange industry: Barclays

Fewer players to dominate foreign exchange industry: Barclays

The foreign exchange industry will be increasingly dominated by fewer larger players as tighter spreads mean banks must increase volumes consistently to maintain margins, a senior Barclays official said. Barclays Capital's global head of foreign exchange,
Published 20 Dec, 2010 12:00am
Wall Street enters Christmas week with cheer

Wall Street enters Christmas week with cheer

Wall Street will move into low gear next week ahead of the Christmas holiday, but traders will keep a close eye on a trickle of US data and Europe's struggle to contain its debt troubles. Last week saw stocks close slightly higher amid an encouraging shar
Published 20 Dec, 2010 12:00am
Japanese shares seen holding steady

Japanese shares seen holding steady

Japanese shares are likely to hold firm in thin trading in the coming week unless US economic data disappoint, brokers said. The Nikkei index of the Tokyo Stock Exchange gained 91.88 points, or 0.90 percent, to 10,303.83 during the past week to December 1
Published 20 Dec, 2010 12:00am
Latvia eyes Eurobond next year

Latvia eyes Eurobond next year

Latvia will probably be in a position to tap international markets for a Eurobond in the second half of next year as it recovers from its deep crisis, Finance Minister Andris Vilks said on Thursday. He said the country's first move to seek market financin
Published 20 Dec, 2010 12:00am
Latvia eyes Eurobond next year

Latvia eyes Eurobond next year

Latvia will probably be in a position to tap international markets for a Eurobond in the second half of next year as it recovers from its deep crisis, Finance Minister Andris Vilks said on Thursday. He said the country's first move to seek market financin
Published 20 Dec, 2010 12:00am
US private equity firm invests in Indonesia

US private equity firm invests in Indonesia

U.S private equity firm Texas Pacific Capital and Singapore sovereign wealth fund GIC invested 2.99 trillion rupiah ($331 million) for a stake in an Indonesia coal contractor, two sources with knowledge of the deal said on Sunday.
Published 20 Dec, 2010 12:00am
US private equity firm invests in Indonesia

US private equity firm invests in Indonesia

U.S private equity firm Texas Pacific Capital and Singapore sovereign wealth fund GIC invested 2.99 trillion rupiah ($331 million) for a stake in an Indonesia coal contractor, two sources with knowledge of the deal said on Sunday.
Published 20 Dec, 2010 12:00am
Qatar Airways to launch IPO in 2012

Qatar Airways to launch IPO in 2012

Qatar Airways is planning to launch an initial public offering (IPO) in early 2012 after three consecutive years of profit, it said on Sunday. A spokeswoman for the national airline confirmed comments by its chief executive Akbar Al Baker on Saturday that
Published 20 Dec, 2010 12:00am
Qatar Airways to launch IPO in 2012

Qatar Airways to launch IPO in 2012

Qatar Airways is planning to launch an initial public offering (IPO) in early 2012 after three consecutive years of profit, it said on Sunday. A spokeswoman for the national airline confirmed comments by its chief executive Akbar Al Baker on Saturday that
Published 20 Dec, 2010 12:00am
Pakistan underline match focus in New Zealand

Pakistan underline match focus in New Zealand

The Pakistan cricket team arrived in New Zealand Sunday determined to focus on the game and reluctant to talk about the corruption accusations swirling around the team. Pakistan will play three Twenty20 matches followed by a Test and one-day series agains
Published 20 Dec, 2010 12:00am
Ethiopian marathon runner defends title in Taipei

Ethiopian marathon runner defends title in Taipei

Ethiopia's Yeshi Esayias Tesemma successfully defended her title in the Taipei marathon women's race Sunday, an event which drew more than 100,000 runners, organisers said. Tesemma clocked 2hrs 30mins 37secs, compared with 2hrs 31mins 9secs for her fellow
Published 20 Dec, 2010 12:00am
Japan's Hiratsuka wins Black Mountain Masters

Japan's Hiratsuka wins Black Mountain Masters

Japan's Tetsuji Hiratsuka claimed his third title of the season Sunday when he won the 600,000-dollar Black Mountain Masters after a play-off against Thai youngster Namchoak Tantipokakul. Hiratsuka triumphed in the Asian Tour's season-finale at the Black
Published 20 Dec, 2010 12:00am
Qatar, Gulf region to benefit from World Cup

Qatar, Gulf region to benefit from World Cup

Qatar and its Gulf neighbours are set to benefit immensely with the expected spending bonanza from Doha hosting the football World Cup in 2022, an economic report said on Sunday. Tiny gas-rich Qatar had already announced plans to spend at least 100 billio
Published 20 Dec, 2010 12:00am
Kenya name preliminary World Cup squad

Kenya name preliminary World Cup squad

Kenya on Sunday named a provisional 30-man squad, including eight newcomers, for the World Cup in the Asian sub-continent from February 19 to April 2, 2011.
Published 20 Dec, 2010 12:00am
Ferguson overtakes Busby's United milestone

Ferguson overtakes Busby's United milestone

Sir Alex Ferguson on Sunday became Manchester United's longest-serving manager as he passed Sir Matt Busby's previous record span at the helm. Sir Alex had hoped to celebrate the mark by landing a knockout blow to Chelsea's bid to retain the Premier Leagu
Published 20 Dec, 2010 12:00am
Tendulkar adds to legend and defies South Africa

Tendulkar adds to legend and defies South Africa

The legend of Sachin Tendulkar continued to grow on Sunday as the Indian batting maestro hit his 50th Test century and shared a remarkable partnership with captain Mahendra Singh Dhoni on the fourth day of the first Test against South Africa at SuperSport
Published 20 Dec, 2010 12:00am
Australia level Ashes series

Australia level Ashes series

A resurgent Australia levelled the Ashes with a comprehensive 267-run victory on the fourth day of the third Test against England at the WACA Ground on Sunday. Set 391 to win, England resumed at 81-5 and offered little resistance, lasting just 10 overs an
Published 20 Dec, 2010 12:00am
Super-sub Helmes levels for Leverkusen

Super-sub Helmes levels for Leverkusen

Germany striker Patrick Helmes came off Leverkusen's bench on Sunday to score the late equaliser which sealed a 2-2 draw with Freiburg to keep his side third in the Bundesliga.
Published 20 Dec, 2010 12:00am
Dubai sends message with Dubai World reshuffle

Dubai sends message with Dubai World reshuffle

The ruler of Dubai's decision this week to put trusted players in charge of debt-ridden conglomerate Dubai World suggests new resolve to reestablish the tarnished brand name of the freewheeling emirate.
Published 20 Dec, 2010 12:00am
Toshiba sees LCD profit on smartphone boom

Toshiba sees LCD profit on smartphone boom

Toshiba Corp may turn its first annual profit on liquid-crystal display (LCD) panels in four years as sales of smartphones and tablet computers boom, the company's CEO said in an interview on December 16.
Published 20 Dec, 2010 12:00am
Dubai sells stake in Nasdaq OMX to repay debt

Dubai sells stake in Nasdaq OMX to repay debt

Borse Dubai, a majority stake-holder of Dubai Financial Market, has sold a 672 million-dollar share of its stake in Nasdaq OMX to help repay a 2.45 billion-dollar loan that matures in February. The company sold 22.78 million shares for 497 million dollars
Published 20 Dec, 2010 12:00am
Dubai sells stake in Nasdaq OMX to repay debt

Dubai sells stake in Nasdaq OMX to repay debt

Borse Dubai, a majority stake-holder of Dubai Financial Market, has sold a 672 million-dollar share of its stake in Nasdaq OMX to help repay a 2.45 billion-dollar loan that matures in February. The company sold 22.78 million shares for 497 million dollars
Published 20 Dec, 2010 12:00am
Yahoo! trimming products after cutting staff

Yahoo! trimming products after cutting staff

Fresh from cutting its workforce, Yahoo! is looking at getting rid of products that don't fit the struggling Internet pioneer's efforts to re-invent itself.
Published 20 Dec, 2010 12:00am
Novartis buys remainder of Alcon for $12.9 billion

Novartis buys remainder of Alcon for $12.9 billion

Swiss pharma giant Novartis said on December 15 it had acquired the outstanding shares it did not already own in Alcon, the world's biggest eye-care company, for 12.9 billion dollars. Novartis said that for every Alcon share, shareholders in the US firm w
Published 20 Dec, 2010 12:00am
Toyota says Indian advance orders strong for new Etios

Toyota says Indian advance orders strong for new Etios

Japan's Toyota said on December 15 it had received strong advance orders in India for the Etios small car, which it has designed specially for the subcontinent's booming auto market. The 1.5-litre sedan, priced from 496,000 rupees (10,945 dollars), is Toy
Published 20 Dec, 2010 12:00am
FedEx second quarter profit below forecasts

FedEx second quarter profit below forecasts

FedEx Corp reported a quarterly profit and revenue that missed Wall Street estimates, but raised its full-year outlook on stronger-than-expected holiday volume and an improved economic forecast. Fiscal second-quarter net profit was $283 million, or $0.89
Published 20 Dec, 2010 12:00am
FedEx second quarter profit below forecasts

FedEx second quarter profit below forecasts

FedEx Corp reported a quarterly profit and revenue that missed Wall Street estimates, but raised its full-year outlook on stronger-than-expected holiday volume and an improved economic forecast. Fiscal second-quarter net profit was $283 million, or $0.89
Published 20 Dec, 2010 12:00am
Nomura sets up ETF team, sees growth in Japan

Nomura sets up ETF team, sees growth in Japan

Nomura Holdings plans to add more foreign and domestic exchange traded funds (ETF) to its line-up in Japan, eyeing growth in a market it hopes will double in three years, an executive at Japan's largest brokerage said.
Published 20 Dec, 2010 12:00am
Nomura sets up ETF team, sees growth in Japan

Nomura sets up ETF team, sees growth in Japan

Nomura Holdings plans to add more foreign and domestic exchange traded funds (ETF) to its line-up in Japan, eyeing growth in a market it hopes will double in three years, an executive at Japan's largest brokerage said.
Published 20 Dec, 2010 12:00am
Reduce spam by using word 'at' in your email address

Reduce spam by using word 'at' in your email address

You can reduce spam by using the word "at" in place of the @ sign in your email address. Do this whenever you have to provide your email in a place where it will be visible on the Internet.
Published 20 Dec, 2010 12:00am
Check out Windows Live SkyDrive for free storage

Check out Windows Live SkyDrive for free storage

Need some free online storage? Check out Windows Live SkyDrive (http://explore.live.com/windows-live- skydrive), which provides 25 gigabytes (GB) of storage for free and allows you to work with the online versions of Word, Excel, and PowerPoint, even if y
Published 20 Dec, 2010 12:00am
Alternatives to Google also offer good results

Alternatives to Google also offer good results

Google isn't the only way to search for information online. Its two biggest competitors - Yahoo and Bing - offer results of a similar quality, according to a German organisation.
Published 20 Dec, 2010 12:00am
Over-the-shoulder monitoring best parental control

Over-the-shoulder monitoring best parental control

What's the best parental control software? While Windows now includes parental control and filtering software and there are other well-rated alternatives as well, old-fashioned over-the-shoulder monitoring of your kids is likely to be the most reliable co
Published 20 Dec, 2010 12:00am
Handle recordable CDs with care

Handle recordable CDs with care

Handle recordable CDs with care. Recordable CDs are more fragile than the pre-recorded kind you buy from the store. The sensitive layer upon which data or music files are stored can be easily scratched or dirtied. You should not only store your CDs in pro
Published 20 Dec, 2010 12:00am
3-TB models by next year

3-TB models by next year

There's good news is the world of traditional hard drives. First, prices are falling dramatically, with 2 terabyte (TB) models now retailing for between 80 and 100 dollars online. What's more, the 2-terabyte limit is being broken as well. Next year, expec
Published 20 Dec, 2010 12:00am
Taiwan scientists claim microchip 'breakthrough'

Taiwan scientists claim microchip 'breakthrough'

Taiwanese scientists on December 14 unveiled an advanced microchip technology which they claimed marks a breakthrough in piling ever more memory into ever smaller spaces. The scientists said they had succeeded in producing a circuit measuring just nine na
Published 20 Dec, 2010 12:00am
Bing search upgrades include Facebook 'likes'

Bing search upgrades include Facebook 'likes'

Microsoft on December 15 began rolling out Bing upgrades that included showing which query results were "liked" by friends at online social networking hotspot Facebook. The improvements came as the software colossus tried to wrest market share from the le
Published 20 Dec, 2010 12:00am
Google Earth integrates Street View's 3D maps

Google Earth integrates Street View's 3D maps

By combining two services, Google has now made it possible to pick points on the globe, look at them from outer space, and then zoom all the way in for a street-level view. Google has done this by pulling its Street View out of browsers and integrating it
Published 20 Dec, 2010 12:00am
Google alerting searchers to hacked websites

Google alerting searchers to hacked websites

Google on December 17, announced search engine upgrades that included alerting people to hacked websites that make it into query results. "We've added new notifications to the results page to warn you when sites may have been compromised, spammed or defac
Published 20 Dec, 2010 12:00am
Old catching up to young on US Internet: study

Old catching up to young on US Internet: study

Older folks are closing ground on youngsters quick to leap on hot Internet trends such as social networking and online shopping, according to a Pew Research Centre study released December 16. While members of a Millennial Generation made up people ages 18
Published 20 Dec, 2010 12:00am
Mobile phones tough enough for the great outdoors

Mobile phones tough enough for the great outdoors

Mobile phone users looking for a device that can tolerate sport, dust, heat, cold or a soaking in water don't have to look very far. Many manufacturers now offer a variety of outdoor mobile phones, and even normal devices don't really need to be protectiv
Published 20 Dec, 2010 12:00am
Microsoft fixes bugs in Windows, Internet Explorer

Microsoft fixes bugs in Windows, Internet Explorer

Microsoft Corp issued one of its biggest-ever security fixes on December 14, including repairs to its ubiquitous Windows operating system and Internet Explorer browser for flaws that could let hackers take control of a PC.
Published 20 Dec, 2010 12:00am
Management Tip of the Day: Ways to Manage Your Online Image

Management Tip of the Day: Ways to Manage Your Online Image

Your name is out there on the Internet, whether you like it or not, so you might as well take control of your online identity, says Harvard Business Review. The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Busin
Published 20 Dec, 2010 12:00am
China to step up efforts to control Mother Nature

China to step up efforts to control Mother Nature

China plans to step up a weather-manipulation programme that has stirred debate about tinkering with Mother Nature, state media said on December 17. Zheng Guoguang, director of the China Meteorological Administration, said chronic water shortages in parts
Published 20 Dec, 2010 12:00am
Arctic icecap safe from runaway melting

Arctic icecap safe from runaway melting

There is no "tipping point" beyond which climate change will inevitably push the Arctic ice cap into terminal melt off, according to a study released on December 15.
Published 20 Dec, 2010 12:00am
Can depression influence breast cancer survival?

Can depression influence breast cancer survival?

A diagnosis of breast cancer will inevitably sink a woman's mood, but those whose spirits lift over time appear to survive longer, a new study suggests. Researchers found that women with advanced breast cancer whose mood lightened during the course of a o
Published 20 Dec, 2010 12:00am
Gene markers may make prostate test more accurate

Gene markers may make prostate test more accurate

Scientists have found a way to personalise a common prostate cancer test by looking at genetic variations, which should make it more accurate in predicting a man's risk of developing the disease.
Published 20 Dec, 2010 12:00am
Tainted food sickens 48 million people each year

Tainted food sickens 48 million people each year

Foodborne illnesses kill 3,000 Americans every year and make 48 million sick, and most are never identified, US health officials reported on December 15, as Congress prepared a major food safety overhaul.
Published 20 Dec, 2010 12:00am
US southwest could see 60-year drought

US southwest could see 60-year drought

A worst-case scenario devised by US researchers shows that the American southwest could experience a 60-year stretch of heat and drought unseen since the 12th century.
Published 20 Dec, 2010 12:00am
Australians have world's highest rate of skin cancer

Australians have world's highest rate of skin cancer

Australia's sun worshipping culture means the country's 22 million people are 13 times more likely to develop skin cancer than the global average, according to a new study released on December 16.
Published 20 Dec, 2010 12:00am
Rise in budget deficit

Rise in budget deficit

Public finances of the country continue to be in a very poor shape. According to the latest data released by the Ministry of Finance, budget deficit during the first quarter of FY11 has climbed to Rs 276.2 billion or 1.6 percent of GDP as compared to Rs 2
Published 20 Dec, 2010 12:00am
Chinese way of dispute resolution

Chinese way of dispute resolution

Chinese Prime Minister Wen Jiabao visited India at the head of a 400-strong delegation of business leaders. The purpose, of course, was to boost bilateral trade and commerce. Speaking at a business forum in Delhi, Jiabao said, "China and India are partner
Published 20 Dec, 2010 12:00am
RGST afflicted by a fatal disease

RGST afflicted by a fatal disease

The federal government has failed to convince parliamentarians that the Reformed General Sales Tax (RGST) bill, tabled in the National Assembly is in the national interest. It has been reported that the government now intends to begin a fresh round of pre
Published 20 Dec, 2010 12:00am
Vulnerable medical doctors

Vulnerable medical doctors

Medical doctors have been identified as soft targets for violence and terrorism since quite some time. In early 2000, there was a huge wake of 'doctor killings' that took so many lives. An ethnic angle was given to such killings but it did not work. A num
Published 20 Dec, 2010 12:00am
Experiences replace gifts on Hong Kong Christmas lists

Experiences replace gifts on Hong Kong Christmas lists

Vicky Wong used to struggle to find Christmas gifts for her work colleagues. After all, what do you buy for someone you don't know that well and who probably has most things they need? That was why the 43-year-old senior marketing manager turned to "exper
Published 20 Dec, 2010 12:00am
Political hyenas

Political hyenas

In the post-Musharraf era, the leaders of PML-Q have been behaving like hyenas. Hyenas are known for scavenging on left overs. Last year, they attempted to grab Punjab government after the Governor's Rule, when they wagged their tails with the PPP at the
Published 20 Dec, 2010 12:00am
Indian dams on our rivers

Indian dams on our rivers

After drying out Ravi, Sutlej and Beas rivers, India has depleted Chenab River by building Baglihar dam and is now depleting Jehlum river by building Kishan Ganga dam, in addition to many other dams on all our three rivers. We have only 30 days' storage t
Published 20 Dec, 2010 12:00am
Altaf phones Sheikh Rashid

Altaf phones Sheikh Rashid

Muttahida Qaumi Movement (MQM), Chief Altaf Hussain had a telephonic conversation with the head of Awami Muslim League (AML), Sheikh Rashid Ahmed. During the telephonic talk with the AML head, the MQM Chief discussed overall political situation in the cou
Published 20 Dec, 2010 12:00am
Deputy Speaker Balochistan Assembly stresses ending of injustice

Deputy Speaker Balochistan Assembly stresses ending of injustice

Deputy Speaker Balochistan Assembly Syed Matiulla Agha has underlined the need to make efforts to end injustice and tyranny in society. According to a statement issued on Sunday, he said his party Jamiat Ulema-e-Islam would continue its movement to ensure
Published 20 Dec, 2010 12:00am
'RGST rules may enhance level of corruption'

'RGST rules may enhance level of corruption'

Former President of Hyderabad Chamber of Commerce & Industry and Chairman Inland Revenue FBR Sub-Committee of HCCI expressing viewpoint of business community of Hyderabad said that RGST rules may lead to enhancement in the level of corruption. He said the
Published 20 Dec, 2010 12:00am
Need to end domestic violence on women: Ghazala

Need to end domestic violence on women: Ghazala

Balochistan Minister for Women Development Ghazala Gola has emphasised the need to make a mindset of society to ensure end to violence particularly domestic violence on women. According to a statement issued on Sunday, she said women were an oppressed and
Published 20 Dec, 2010 12:00am
Youth kills sister

Youth kills sister

A youth killed his sister in the area of Saddar Tandlianwala police station. According to police, Sadiq resident of chak 450-GB harboured suspicions against his sister Abida Parveen.On this issue the two exchanged harsh words and Sadiq shot dead Abida Par
Published 20 Dec, 2010 12:00am
Violent protests as Bangladesh shares plunge in record fall

Violent protests as Bangladesh shares plunge in record fall

Hundreds of investors went on the rampage in the commercial heart of the Bangladeshi capital Dhaka on Sunday after the stock exchange suffered its steepest ever fall. The benchmark DSE general index (DGEN) lost 552 points or 6.72 percent by the close of t
Published 20 Dec, 2010 12:00am
Finland, Netherlands sign up to EU budget freeze plan

Finland, Netherlands sign up to EU budget freeze plan

Finland and the Netherlands have added their backing to a plea by the British government to freeze the next European Union budget, in an open letter published on Saturday. David Cameron, the British prime minister, spearheaded the idea for restraint in th
Published 20 Dec, 2010 12:00am
British CVC to bid for Spanish Abertis

British CVC to bid for Spanish Abertis

British private equity group CVC is putting together a 12 billion euros ($16 billion) take-over bid for Spanish infrastructure company Abertis, The Sunday Times reported without citing sources. CVC Capital Partners bought a 15.5 percent stake - for 1.7 bi
Published 20 Dec, 2010 12:00am
British CVC to bid for Spanish Abertis

British CVC to bid for Spanish Abertis

British private equity group CVC is putting together a 12 billion euros ($16 billion) take-over bid for Spanish infrastructure company Abertis, The Sunday Times reported without citing sources. CVC Capital Partners bought a 15.5 percent stake - for 1.7 bi
Published 20 Dec, 2010 12:00am
South Korea to impose levy on banks' foreign debt

South Korea to impose levy on banks' foreign debt

South Korea said on Sunday it would impose a levy on banks' foreign debt from late 2011, the latest capital controls it adopted to mitigate the impact a sudden reversal in capital flows may have on its economy.
Published 20 Dec, 2010 12:00am
Philippines in uproar over error-filled peso bills

Philippines in uproar over error-filled peso bills

Geographically-challenged Philippine maps and a rare parrot with the wrong-coloured beak have perturbed the country after the central bank rolled out error-filled new editions of its peso bills.
Published 20 Dec, 2010 12:00am
WikiLeaks founder sought as guest at Davos forum

WikiLeaks founder sought as guest at Davos forum

The head of the Davos economic forum said Sunday he would have liked WikiLeaks founder Julian Assange to attend next month's summit of world political and business elites in the Swiss ski resort.
Published 20 Dec, 2010 12:00am
World Bank backs Sri Lanka recovery with more credit

World Bank backs Sri Lanka recovery with more credit

A senior World Bank official wrapped up a visit to Sri Lanka promising nearly half a billion dollars in loans for the island's economic recovery after decades of ethnic war, the bank said Sunday.
Published 20 Dec, 2010 12:00am
Most Irish welcome EU-IMF bailout

Most Irish welcome EU-IMF bailout

A majority of Irish people welcome a European Union-International Monetary Fund bailout but believe the country has surrendered its sovereignty, according to an opinion poll published Saturday. The survey comes after the debt-ridden country's parliament a
Published 20 Dec, 2010 12:00am
US Senate agrees over funding government

US Senate agrees over funding government

US Senate leaders have reached a compromise on a short-term funding measure that would keep the government running through March, Senate Republican leader Mitch McConnell said on Sunday. McConnell said he and the Senate Majority Leader Harry Reid agreed t
Published 20 Dec, 2010 12:00am
Australian retailers cry foul as shoppers go online

Australian retailers cry foul as shoppers go online

The Australian government has launched an inquiry into online shopping as Australia's big retailers claim they are losing billions of dollars to international websites. Retailers say they are suffering as shoppers spend their Christmas dollars online orde
Published 20 Dec, 2010 12:00am
Dubai to face oversupply of malls

Dubai to face oversupply of malls

Dubai malls will have too many shops for rent and too few tourist shoppers by 2013, a report said on Sunday. "Dubai shopping mall space is set to increase by approximately 30 percent between 2010 and 2013," global real estate consultants Colliers Internat
Published 20 Dec, 2010 12:00am
Algeria mulling all options on BP sale

Algeria mulling all options on BP sale

Algeria is considering all the options on the assets which oil major BP wants to sell, including acquiring them for itself or letting another firm buy them, official media quoted the energy minister as saying on Sunday.
Published 20 Dec, 2010 12:00am
Compromise needed to help middle class, unemployed: Biden

Compromise needed to help middle class, unemployed: Biden

The Obama administration will be better positioned to fight the extension of tax cuts for the wealthiest Americans when they are set to expire in two years, US Vice President Joe Biden said on Sunday. Appearing on NBC's "Meet the Press," Biden said the ad
Published 20 Dec, 2010 12:00am
3D television off to a slow start

3D television off to a slow start

The consumer electronics industry hopes that the next big trend in the world of television will be 3D viewing. So far, however, the mood among potential buyers has been muted. James Cameron's blockbuster movie Avatar drew millions to cinemas around the gl
Published 20 Dec, 2010 12:00am
Pornographic film shown on Bangladesh airport screen

Pornographic film shown on Bangladesh airport screen

Bangladeshi authorities have launched an investigation after a pornographic film was aired on a large display screen at the country's main airport, a magistrate said Sunday. Hundreds of travellers and waiting friends and relatives at the main terminal of
Published 20 Dec, 2010 12:00am
French classics scholar de Romilly dies

French classics scholar de Romilly dies

The distinguished French classical scholar Jacqueline de Romilly, who was only the second woman to enter the elite Academie Francaise, has died aged 97, her publisher Bernard de Fallois said Sunday. Jacqueline de Romilly, who died on Saturday, was a philo
Published 20 Dec, 2010 12:00am
Belarus protestors, police clash in disputed polls

Belarus protestors, police clash in disputed polls

Belarus police Sunday used noise grenades and truncheons to break up opposition protests against elections which exit polls predicated would be won by President Alexander Lukashenko, wounding one of his challengers. Lukashenko earlier warned the oppositio
Published 20 Dec, 2010 12:00am
Mottaki says his sacking 'un-Islamic'

Mottaki says his sacking 'un-Islamic'

Iran's former foreign minister Manouchehr Mottaki has hit out at his sacking this week by President Mahmoud Ahmadinejad, branding the move both "un-Islamic and offensive." "Sacking a minister while (he is) on a mission is un-Islamic, undiplomatic, offensi
Published 20 Dec, 2010 12:00am
India's Congress party vows anti-corruption drive

India's Congress party vows anti-corruption drive

India's ruling Congress party on Sunday vowed to fight corruption by fast-tracking court cases, as the government tried to overcome stinging criticism after a string of financial scandals. Party president Sonia Gandhi, the key powerbroker of Indian politi
Published 20 Dec, 2010 12:00am
Life on Earth kickstarted three billion years ago: study

Life on Earth kickstarted three billion years ago: study

Life on Earth dramatically surged around three billion years ago, possibly when primitive forms developed more efficient ways to harness energy from sunlight, according to a study published on Sunday in Nature.
Published 20 Dec, 2010 12:00am
Restoration of Sindh-Balochistan highway demanded

Restoration of Sindh-Balochistan highway demanded

All Pakistan Magsi Welfare Association, Quetta leaders have demanded authorities to ensure restoration of Dera Allahyar-Jacobabad (Sindh-Balochistan) highway, which has been badly devastated by floods.
Published 20 Dec, 2010 12:00am
President condoles PPP worker's death

President condoles PPP worker's death

President Asif Ali Zardari has expressed his deep grief and sorrow over the sad demise of a senior PPP worker Razaq Siddiq. The President in his message to the widow of late Razaq Siddiq conveyed his heart-felt condolences to the bereaved family and praye
Published 20 Dec, 2010 12:00am
Demise of King's brother: condolence book opened in Bahrain consulate

Demise of King's brother: condolence book opened in Bahrain consulate

The Consulate General of the Kingdom of Bahrain in Karachi has said that a condolence book is being opened in the Consulate premises from December 20, 2010 to December 22, 2010 for recording condolences on the sad demise of Sheikh Rashid Bin Isa Bin Salma
Published 20 Dec, 2010 12:00am
Gilani asks Mirza to refrain from issuing statement

Gilani asks Mirza to refrain from issuing statement

Prime Minister Syed Yousuf Raza Gilani talked to Dr Zulfiqar Mirza, Home Minister Sindh over telephone on Sunday evening and asked him to refrain from issuing any public statement regarding coalition partnership with political parties.
Published 20 Dec, 2010 12:00am
PML-N rejects President's request

PML-N rejects President's request

Pakistan Muslim League (N) has rejected President Asif Zardari's request for support of the controversial RGST Bill 2010 which has been unanimously opposed by the major political parties and the business community across the country.
Published 20 Dec, 2010 12:00am
Beggars occupy Melody Food Park

Beggars occupy Melody Food Park

Professional beggars are occupying Melody Food Park of federal capital due to the dereliction of the concerned authorities. Beggars of every age group can be seen moving freely under the nose of the federal police at public places - bus stands, traffic cr
Published 20 Dec, 2010 12:00am
Anti-India protests in Parimpora, Sopore held

Anti-India protests in Parimpora, Sopore held

Forceful protests broke out in Parimpora area of Srinagar held Kashmir after a youth was detained from his shop by Indian police. The demonstrators, raising anti-India and pro-liberation slogans, clashed with the personnel of Indian Central Reserve Police
Published 20 Dec, 2010 12:00am
Saddam's half-brother apologises to Iraqi people

Saddam's half-brother apologises to Iraqi people

A half-brother of executed president Saddam Hussein has apologised to the Iraqi people for the dictatorial rule of his Baath party and charged ex-deputy premier Tareq Aziz was its architect. Watban Ibrahim Hassan al-Tikriti, a former interior minister, wa
Published 20 Dec, 2010 12:00am
22 killed in massive Mexico pipeline blast

22 killed in massive Mexico pipeline blast

A massive blast on a state-owned pipeline killed 22 people, injured 32 others and damaged dozens of surrounding homes in central Mexico on Sunday, Puebla state officials said in updating the toll. Puebla state secretary Valentin Meneses said the pre-dawn
Published 20 Dec, 2010 12:00am
Fifteen dead in Philippines hotel fire

Fifteen dead in Philippines hotel fire

Fifteen people were killed when a fire engulfed a hotel and a shop in the northern Philippines before dawn Sunday, police said. Investigators pulled 11 bodies from the shell of the five-storey hotel, named Bed and Breakfast, in Tuguegarao city after battl
Published 20 Dec, 2010 12:00am
UN Security Council seeks way to ease Korean crisis

UN Security Council seeks way to ease Korean crisis

The UN Security Council held emergency talks Sunday on the escalating showdown between the two Koreas as South Korea vowed to go ahead with a live-fire military exercise on a frontier island. US envoy Bill Richardson meanwhile put his own proposals to Nor
Published 20 Dec, 2010 12:00am
More than 50 dead in Ivory Coast unrest: UN rights chief

More than 50 dead in Ivory Coast unrest: UN rights chief

Post-election violence in Ivory Coast has left more than 50 people dead and more than 200 injured, the UN high commissioner for human rights said Sunday, deploring "massive violations of human rights."
Published 20 Dec, 2010 12:00am
Sudan to reinforce sharia after south vote: Bashir

Sudan to reinforce sharia after south vote: Bashir

Sudanese President Omar al-Bashir said on Sunday that the country's north will reinforce its Islamic law after a referendum expected to grant independence to the south. "If South Sudan secedes, we'll change the constitution.
Published 20 Dec, 2010 12:00am
UAE hotel regrets $11 million Christmas tree

UAE hotel regrets $11 million Christmas tree

An upscale Abu Dhabi hotel that unveiled a jewel-studded 11 million dollar (8.3 million euro) Christmas tree said it regretted overloading the tradition, according to local press reports on Sunday.
Published 20 Dec, 2010 12:00am
Britain scrambles to keep queen's head on stamps

Britain scrambles to keep queen's head on stamps

The British government said Sunday it was closing a loophole that could see Queen Elizabeth II's head chopped off stamps if the Royal Mail national postal service is sold to a foreign firm. The monarch's head, facing left, has appeared on British adhesive
Published 20 Dec, 2010 12:00am
UAE court sentences Briton to life

UAE court sentences Briton to life

A Dubai court on Sunday sentenced a Briton charged with killing his South African ex-lover to life in prison, the lawyer for the victim's family told AFP on Sunday. "The Dubai Court of Appeals sentenced Mark Arnold to life in prison which equals 25 years"
Published 20 Dec, 2010 12:00am
US seeks legal pursuit of WikiLeaks founder: Biden

US seeks legal pursuit of WikiLeaks founder: Biden

The US Justice Department is exploring a legal pursuit of Julian Assange, said Vice President Joe Biden, who described the WikiLeaks founder as a dangerous "hi-tech terrorist."
Published 20 Dec, 2010 12:00am
Abbas holds rare meeting with Israeli lawmakers

Abbas holds rare meeting with Israeli lawmakers

Palestinian President Mahmoud Abbas held a rare meeting Sunday with dozens of Israeli lawmakers, ex-generals and peace activists, urging them to tell the Israeli public that he opposes violence and is committed to reaching a peace deal.
Published 20 Dec, 2010 12:00am
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