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Archive - 2011-01-03
Dollar strengthens in Asia
Financial

Dollar strengthens in Asia

SINGAPORE: The dollar strengthened against the euro and yen in Asian trade on Monday as traders backed the greenback, an
Published 03 Jan, 2011 09:34am
Eight alleged terrorists arrested

Eight alleged terrorists arrested

The Karachi Police arrested 8 alleged high-profile terrorists involved in series of targeted killings in the city. "The arrests have been from different parts of the city and they belong a banned organisation," said Capital City Police Officer (CCPO), Fay
Published 03 Jan, 2011 12:00am
Begum Tazeen Faridi passes away

Begum Tazeen Faridi passes away

The patron of All Pakistan Women's Association (APWA), Begum Tazeen Faridi, passed away on Sunday after a brief illness. She was about 90 years of age. An official of APWA said that the burial would take place on Monday. Begum Faridi had also served as th
Published 03 Jan, 2011 12:00am
Swine flu incidence on the rise in Karachi

Swine flu incidence on the rise in Karachi

With the dengue virus scare just ended, the swine flu incidence have flared up in the city, as one, Iftikharullah, resident of North Nazimabad, has died of the disease on Saturday night at a local hospital.
Published 03 Jan, 2011 12:00am
Faysal Bank, RBS Pakistan merge

Faysal Bank, RBS Pakistan merge

Faysal Bank Limited announced the merger of The Royal Bank of Scotland Limited (RBS Pakistan) into Faysal Bank Limited. This merger has been completed in record time, within three months of acquiring controlling interest. All RBS Pakistan branches have be
Published 03 Jan, 2011 12:00am
MONEY WEEK: 2011 agenda: out of the box thinking

MONEY WEEK: 2011 agenda: out of the box thinking

There are voices of hyperinflation, out of control fiscal deficit, power crisis and subdued growth. While the world is coming out of crisis, our home-grown problems are making it hard to pull out of the abyss.
Published 03 Jan, 2011 12:00am
'Government to take indiscriminate action against outlaws'

'Government to take indiscriminate action against outlaws'

Advisor to Sindh Chief Minister for Information, Ms. Sharmila Farooqi has said that the government intends to take indiscriminate action against all criminal elements. This she said while talking to media at an exhibition held in Clifton here, said a stat
Published 03 Jan, 2011 12:00am
Afghan envoys head to Pakistan for peace talks

Afghan envoys head to Pakistan for peace talks

Afghan efforts to broker peace with the Taliban enter a new phase this week with the first scheduled visit of envoys to Islamabad, part of a growing recognition that the process hinges on Pakistan.
Published 03 Jan, 2011 12:00am
Foggy weather continues: cold, dry spell predicted

Foggy weather continues: cold, dry spell predicted

Met office has forecast cold and dry weather over most parts of the country on Monday (today) and predicted that there would be no rain during the next few days. However, dense foggy conditions are likely to continue over the plain areas of Punjab, centra
Published 03 Jan, 2011 12:00am
Life comes to a standstill as fog blankets Multan

Life comes to a standstill as fog blankets Multan

Life in South Punjab especially in land areas, including Bahawalpur, Dera Ghazi Khan and Multan, came to a standstill on Sunday as dense mist blanketed all over the province, badly disrupting activities of daily life.
Published 03 Jan, 2011 12:00am
Moot on Chemistry today

Moot on Chemistry today

A conference on Chemistry and its role in Science is being organised by the Jinnah University for Women at its premises here from January 3. An official of the institution said on Sunday that the Director General of Pakistan Science Foundation (PSF), Prof
Published 03 Jan, 2011 12:00am
MoF asked to abolish FED, SED on cement

MoF asked to abolish FED, SED on cement

The Cement manufacturer have asked the Ministry of Finance to immediately abolish the federal excise duty (FED) and the special excise duty (SED) on the cement to save the industry from crises due to heavy incidence of taxation and procedural problems in
Published 03 Jan, 2011 12:00am
Inching towards hyperinflation?

Inching towards hyperinflation?

A worried and agitated Dr Hafeez Pasha has warned about the consequences of the out of control government expenditures, coupled with the lack of effort to raise revenues. Speaking at the 26th annual general meeting of the Pakistan Institute of Development
Published 03 Jan, 2011 12:00am
Increased seafood exports

Increased seafood exports

The export sector has some good news to report. According to a State Bank report, Pakistan's seafood exports rose by 37 percent during the July-November period this year, fetching $96.87 million as against $70.73 million for the same period last year. The
Published 03 Jan, 2011 12:00am
A senseless debate

A senseless debate

The government has succeeded in convincing the International Monetary Fund (IMF) to grant the Stand-By Arrangement (SBA) an extension of nine months. The question is: does this reflect the persuasive skills of our economic team or is it reflective of cont
Published 03 Jan, 2011 12:00am
End of another decade of economic weakening

End of another decade of economic weakening

Earlier, the economic history of Pakistan showed a remarkable picture of growth and other socio-economic indicators, which can be considered as an economic miracle. The growth in economic indicators since 1947 to the late 1960s was much better as compared
Published 03 Jan, 2011 12:00am
China's move to ban Skype rattles consumers

China's move to ban Skype rattles consumers

Beijing has declared war on unlicensed online telephone service providers, including Skype, but blocking the popular programmes will be a challenge even for the communist country's Great Firewall.
Published 03 Jan, 2011 12:00am
Political ping-pong

Political ping-pong

In the 1980s, the army establishment supported PML, religious parties and formed MQM. It opposed PPP and ANP. In the 1990s, the army establishment sometimes supported and sometimes opposed PML, PPP. It opposed MQM and ANP.
Published 03 Jan, 2011 12:00am
Electricity blues

Electricity blues

Massive electricity loadshedding has made a comeback, haunting the consumers countrywide, who are already bearing the brunt of gas loadshedding. Citing canal closure the reason for power shortage of 1,500 MW, PEPCO says it has to resort to load management
Published 03 Jan, 2011 12:00am
PEW proposes alternate energy development ministry

PEW proposes alternate energy development ministry

The Pakistan Economy Watch (PEW) on Sunday proposed a ministry for development of alternate energy in Pakistan. Alternative Energy Development Board (AEDB), staffed with around 100 people and a budget of mere 61.6 million leaves much to be desired, it sai
Published 03 Jan, 2011 12:00am
19th Amendment averted negative politics: Minister

19th Amendment averted negative politics: Minister

Senior Minister Rahimdad Khan said on Sunday that 19th amendment has averted constitutional confrontation and would strengthen democratic institutions in the country. Talking to APP here Sunday, he said that 19th amendment has buried the politics of confr
Published 03 Jan, 2011 12:00am
Lyari Expressway project: CDGK directed to begin removal of encroachment

Lyari Expressway project: CDGK directed to begin removal of encroachment

District Co-ordination Officer Karachi, Muhammad Hussain Syed, has directed city government to start work, from Monday, for removal of encroachment from the north-bound area of Lyari Expressway so that the development work on this project could proceed fu
Published 03 Jan, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 27 to 31 2010)

Published 03 Jan, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (January 02, 2011) and the forecast for Monday (January 03, 2011).

Published 03 Jan, 2011 12:00am
Iran shoots down two 'Western spy' drones

Iran shoots down two 'Western spy' drones

Iran's Revolutionary Guards have shot down two "Western spy" drones in the Gulf, the Fars news agency quoted a top commander of the elite military force as saying on Sunday. "Westerners have a series of capabilities which cannot be ignored, especially sat
Published 03 Jan, 2011 12:00am
Iran shoots down two 'Western spy' drones

Iran shoots down two 'Western spy' drones

Iran's Revolutionary Guards have shot down two "Western spy" drones in the Gulf, the Fars news agency quoted a top commander of the elite military force as saying on Sunday. "Westerners have a series of capabilities which cannot be ignored, especially sat
Published 03 Jan, 2011 12:00am
THE RUPEE: New Year begins on a happy note

THE RUPEE: New Year begins on a happy note

The rupee recovered some lost ground against dollar on the currency market during the shortened week ended on Friday, December 31, 2010 due to bank closing on January 1, 2011. On the inter-bank market, the rupee appreciated by 19 paisa versus dollar for b
Published 03 Jan, 2011 12:00am
THE RUPEE: New Year begins on a happy note

THE RUPEE: New Year begins on a happy note

The rupee recovered some lost ground against dollar on the currency market during the shortened week ended on Friday, December 31, 2010 due to bank closing on January 1, 2011. On the inter-bank market, the rupee appreciated by 19 paisa versus dollar for b
Published 03 Jan, 2011 12:00am
Year 2011 doesn't look very promising - I

Year 2011 doesn't look very promising - I

John Maynard Keynes taught us how, through lower interest rates and increased government spending, countries can ensure that the economy operates near or at full employment. Unfortunately, however, none of our policymakers in the realms of politics and fi
Published 03 Jan, 2011 12:00am
Year 2011 doesn't look very promising - I

Year 2011 doesn't look very promising - I

John Maynard Keynes taught us how, through lower interest rates and increased government spending, countries can ensure that the economy operates near or at full employment. Unfortunately, however, none of our policymakers in the realms of politics and fi
Published 03 Jan, 2011 12:00am
Wahgah border: MoC urged to ensure cotton, PSF import from India

Wahgah border: MoC urged to ensure cotton, PSF import from India

The All Pakistan Textile Mills Association (Aptma) has urged the Commerce Ministry to ensure import of all types of cotton and polyester fibre (PSF) from India through Wahgah border, official sources told Business Recorder.
Published 03 Jan, 2011 12:00am
Wahgah border: MoC urged to ensure cotton, PSF import from India

Wahgah border: MoC urged to ensure cotton, PSF import from India

The All Pakistan Textile Mills Association (Aptma) has urged the Commerce Ministry to ensure import of all types of cotton and polyester fibre (PSF) from India through Wahgah border, official sources told Business Recorder.
Published 03 Jan, 2011 12:00am
Wahgah border: MoC urged to ensure cotton, PSF import from India

Wahgah border: MoC urged to ensure cotton, PSF import from India

The All Pakistan Textile Mills Association (Aptma) has urged the Commerce Ministry to ensure import of all types of cotton and polyester fibre (PSF) from India through Wahgah border, official sources told Business Recorder.
Published 03 Jan, 2011 12:00am
ATT through Gwadar need of the hour: Raisani

ATT through Gwadar need of the hour: Raisani

Chief Minister Balochisan, Nawab Muhammad Aslam Raisani said Afghan Transit Trade through Gwadar Deep Sea Port could promote trade and business in Balochistan besides opening new opportunities for employment. Talking to media persons here on Sunday, he sa
Published 03 Jan, 2011 12:00am
ATT through Gwadar need of the hour: Raisani

ATT through Gwadar need of the hour: Raisani

Chief Minister Balochisan, Nawab Muhammad Aslam Raisani said Afghan Transit Trade through Gwadar Deep Sea Port could promote trade and business in Balochistan besides opening new opportunities for employment. Talking to media persons here on Sunday, he sa
Published 03 Jan, 2011 12:00am
ATT through Gwadar need of the hour: Raisani

ATT through Gwadar need of the hour: Raisani

Chief Minister Balochisan, Nawab Muhammad Aslam Raisani said Afghan Transit Trade through Gwadar Deep Sea Port could promote trade and business in Balochistan besides opening new opportunities for employment. Talking to media persons here on Sunday, he sa
Published 03 Jan, 2011 12:00am
MQM to sit in opposition

MQM to sit in opposition

The second largest coalition partner, Muttahida Qaumi Movement (MQM), on Sunday quit the government to join the opposition. The decision to quit the government was taken in a joint meeting of the MQM Rabita Committee London and Pakistan held at the party'
Published 03 Jan, 2011 12:00am
MQM to sit in opposition

MQM to sit in opposition

The second largest coalition partner, Muttahida Qaumi Movement (MQM), on Sunday quit the government to join the opposition. The decision to quit the government was taken in a joint meeting of the MQM Rabita Committee London and Pakistan held at the party'
Published 03 Jan, 2011 12:00am
Government not falling, says Gilani

Government not falling, says Gilani

Prime Minister Yousuf Raza Gilani on Sunday tried to appear confident and calm after the MQM's announcement to join opposition in the Parliament. Prime Minister told journalists in Lahore, "The government is not going to fall." "I was unanimously elected,
Published 03 Jan, 2011 12:00am
Government not falling, says Gilani

Government not falling, says Gilani

Prime Minister Yousuf Raza Gilani on Sunday tried to appear confident and calm after the MQM's announcement to join opposition in the Parliament. Prime Minister told journalists in Lahore, "The government is not going to fall." "I was unanimously elected,
Published 03 Jan, 2011 12:00am
Index up 164.29 points

Index up 164.29 points

The persisting foreign investors' interest supported the KSE-100 index to register an increase of 164.29 points during the week ended on December 31, 2010, to close at 12,022.46 points. Trading also improved and the average daily volume at ready counter i
Published 03 Jan, 2011 12:00am
Index up 164.29 points

Index up 164.29 points

The persisting foreign investors' interest supported the KSE-100 index to register an increase of 164.29 points during the week ended on December 31, 2010, to close at 12,022.46 points. Trading also improved and the average daily volume at ready counter i
Published 03 Jan, 2011 12:00am
Index up 164.29 points

Index up 164.29 points

The persisting foreign investors'' interest supported the KSE-100 index to register an increase of 164.29 points during the week ended on December 31, 2010, to close at 12,022.46 points. Trading also improved and the average daily volume at ready counter
Published 03 Jan, 2011 12:00am
Futures open interest up by 29.5 percent

Futures open interest up by 29.5 percent

Total open interest position at the futures counter increased by 29.5 percent during the outgoing week ended on December 31, 2010 to Rs 1.41 billion. On the other hand, the future spreads surged by 122bps on week-on-week basis 4.51 percent.
Published 03 Jan, 2011 12:00am
Futures open interest up by 29.5 percent

Futures open interest up by 29.5 percent

Total open interest position at the futures counter increased by 29.5 percent during the outgoing week ended on December 31, 2010 to Rs 1.41 billion. On the other hand, the future spreads surged by 122bps on week-on-week basis 4.51 percent.
Published 03 Jan, 2011 12:00am
Futures open interest up by 29.5 percent

Futures open interest up by 29.5 percent

Total open interest position at the futures counter increased by 29.5 percent during the outgoing week ended on December 31, 2010 to Rs 1.41 billion. On the other hand, the future spreads surged by 122bps on week-on-week basis 4.51 percent.
Published 03 Jan, 2011 12:00am
Futures open interest up by 29.5 percent

Futures open interest up by 29.5 percent

Total open interest position at the futures counter increased by 29.5 percent during the outgoing week ended on December 31, 2010 to Rs 1.41 billion. On the other hand, the future spreads surged by 122bps on week-on-week basis 4.51 percent.
Published 03 Jan, 2011 12:00am
Nawaz won't let democratic system to derail: Prime Minister

Nawaz won't let democratic system to derail: Prime Minister

Prime Minister Syed Yousuf Raza Gilani said here on Sunday that the government was not in a crisis and it would complete its constitutional term. Talking to media at the Walima ceremony of the son of Jamaat-e-Islami leader Liaquat Baloch, he said that the
Published 03 Jan, 2011 12:00am
Taimur may replace Mansoor as Information Secretary

Taimur may replace Mansoor as Information Secretary

The government is likely to replace Information Secretary Mansoor Sohail with Taimur Azmat, who is at present working as Additional Secretary in Presidency, sources told Business Recorder. They said that posting and transfer orders of the new Infor
Published 03 Jan, 2011 12:00am
Taimur may replace Mansoor as Information Secretary

Taimur may replace Mansoor as Information Secretary

The government is likely to replace Information Secretary Mansoor Sohail with Taimur Azmat, who is at present working as Additional Secretary in Presidency, sources told Business Recorder. They said that posting and transfer orders of the new Infor
Published 03 Jan, 2011 12:00am
Grand Imam of Al-Azhar accuses Pope of meddling

Grand Imam of Al-Azhar accuses Pope of meddling

Egypt's top Muslim cleric on Sunday criticised Pope Benedict XVI's call for world leaders to defend Christians as interference in his country's affairs, the official MENA news agency reported.
Published 03 Jan, 2011 12:00am
Grand Imam of Al-Azhar accuses Pope of meddling

Grand Imam of Al-Azhar accuses Pope of meddling

Egypt's top Muslim cleric on Sunday criticised Pope Benedict XVI's call for world leaders to defend Christians as interference in his country's affairs, the official MENA news agency reported.
Published 03 Jan, 2011 12:00am
Turkey to build 2,120 houses for flood survivors

Turkey to build 2,120 houses for flood survivors

A Memorandum of Understanding (MoU) has been signed between Turkey and the government of Punjab to construct 2,120 modern houses in the floods affected districts. In this regard the ceremony of signing of MoU was held in the committee room of Board of Rev
Published 03 Jan, 2011 12:00am
Gas supply to Wapda's thermal powerhouses reduced substantially

Gas supply to Wapda's thermal powerhouses reduced substantially

Further short supply of gas to thermal powerhouses of Water and Power Development Authority (WAPDA) has reduced thermal electricity from 15,000 MW to 8530 MW, PEPCO spokesman Shafqat Jalil told Business Recorder here on Sunday.
Published 03 Jan, 2011 12:00am
SLIC announces 50 percent ad hoc allowance

SLIC announces 50 percent ad hoc allowance

State Life Insurance Corporation of Pakistan (SLIC) announced adhoc allowance rate of 50 percent of the basic pay for officers and staff with effect July 1, 2010.
Published 03 Jan, 2011 12:00am
Arif Mahmood promoted as DG PMD

Arif Mahmood promoted as DG PMD

Chief Meteorologist Arif Mahmood has been promoted as Director General of Pakistan Meteorological Department (PMD). The Federal Central Selection Board has promoted Arif Mahmood, Chief Meteorologist (BS-20) as PMD Director General (BS-21). He has been ser
Published 03 Jan, 2011 12:00am
Completion of uplift projects to bear fruits: Minister

Completion of uplift projects to bear fruits: Minister

Balochistan Minister for BDA Haji Muhammad Nawaz has said completion of ongoing development works to bring progress and prosperity in Balochistan. According to a statement issued on Sunday, he said his party Jamiat Ulema-i-Islam believed in serving masses
Published 03 Jan, 2011 12:00am
50-paisa scheme launched for orphans: Zamarud Khan

50-paisa scheme launched for orphans: Zamarud Khan

Managing Director of Pakistan Bait-ul-Maal Zamarud Khan has said that a scheme has been launched for the orphans of the country under which every citizen should contribute only 50-paisa daily for the welfare of orphans. He was speaking in 'APNA Pakistan'
Published 03 Jan, 2011 12:00am
Former government blamed for Balochistan woes

Former government blamed for Balochistan woes

Balochistan Minister for Communication and Works Mir Sadiq Umrani has said current law and order situation of Balochistan was the result of the wrong policies of the former government. According to a statement issued on Sunday, he said wrong policies adop
Published 03 Jan, 2011 12:00am
150mw plant to be set up in Punjab

150mw plant to be set up in Punjab

Punjab Chief Minister Shahbaz Sharif has said that his visit to Turkey has been successful in every respect, and a number of agreements of co-operation for development of various sectors were signed between Punjab government and Turkey.
Published 03 Jan, 2011 12:00am
Health department appoints faculty in new colleges

Health department appoints faculty in new colleges

The health department of Punjab has appointed faculty members in the newly established medical colleges of the province. District Headquarter Hospitals (DHQs) have been attached with these medical colleges and would function there as teaching hospitals, s
Published 03 Jan, 2011 12:00am
Labour dies of suffocation

Labour dies of suffocation

A labour died of gas suffocation in Chiltan Town area on Sunday. According to police, the victim was asleep in his room. Due to very low gas pressure, the flames of the gas heater extinguished automatically and the victim identified as Amjad did not pay a
Published 03 Jan, 2011 12:00am
Heart surgeries at Jinnah Hospital 99.5 percent successful

Heart surgeries at Jinnah Hospital 99.5 percent successful

The state of the art Cardiac Department of Jinnah Hospital (JH) has attained 99.50 percent success rate in open heart surgeries, the highest in Pakistan. Medical Superintendent of Jinnah Hospital Dr. Muhammad Hassan told APP on Sunday that "Our cardiac un
Published 03 Jan, 2011 12:00am
Government urged to pass Hindu marriage registration bill

Government urged to pass Hindu marriage registration bill

Women belonging to scheduled caste Hindus from Southern Punjab on Sunday held a protest demonstration in front of the Multan Press Club demanding for proper legislation for their marriage registration.
Published 03 Jan, 2011 12:00am
'People stopped from taking part in PTI demonstration'

'People stopped from taking part in PTI demonstration'

Pakistan Tehreek-e-Insaf Punjab on Sunday claimed that the government had made efforts to stop the people from taking part in PTI demonstration in Rawalpindi and said the government was afraid of Pakistan Tehreek-e-Insaf due to which they are now using ch
Published 03 Jan, 2011 12:00am
Surge in POL prices: transporters announce 10 percent raise in fares

Surge in POL prices: transporters announce 10 percent raise in fares

Thousands of the daily commuters have been directly hit hard by the unbridled transporters falling beyond the control of the authorities concerned, since the private bus and wagon owners have announced 10 per cent increase in fares across the country on S
Published 03 Jan, 2011 12:00am
Commuters reject increase in transport fares

Commuters reject increase in transport fares

Millions of daily commuters have rejected 10 percent increase in transport fares by the local transporters and protested against the decision. Many incidents of scuffling and pathetic scenes were observed among passengers and bus conductors on various rou
Published 03 Jan, 2011 12:00am
Save Punjab industry: APBUMA chief concerned about energy crisis

Save Punjab industry: APBUMA chief concerned about energy crisis

Former Punjab Minister for Industry Khawaja Muhammad Jalaluddin Roomi Chairman of APBUMA has said that the industry in Punjab would wipe out if due facilitation in supply of energy, cut in interest rates and a duty-free market access were not ensured at t
Published 03 Jan, 2011 12:00am
Petroleum products: 'fresh increase to prove catastrophic for economy'

Petroleum products: 'fresh increase to prove catastrophic for economy'

New hike in Petroleum products would drastically increase the cost of production of exportable goods which would become unacceptable to foreign buyers. This will create multiple problems for overall economy and badly hit particularly the industrial sector
Published 03 Jan, 2011 12:00am
DDWP approves 11 development schemes

DDWP approves 11 development schemes

Divisional Development Working Party (DDWP) has approved 11 development schemes under the programme provision of missing facilities in the institutions of higher education, rehabilitation of rural water supply and peoples works programme.
Published 03 Jan, 2011 12:00am
Business community rejects POL price hike

Business community rejects POL price hike

Multan Chamber of Commerce and Industry (MCCI) has expressed grave concerns over the worst energy crisis, aggregating day by day in the export-oriented city of Multan. It said that the unending prolonged power and gas outages have badly affected industria
Published 03 Jan, 2011 12:00am
Three policemen injured in IED blast

Three policemen injured in IED blast

Three policemen sustained injuries when an improvised explosive device (IED) targeting mobile van went off in the limits of Samar Bagh police station here on Sunday, police said.
Published 03 Jan, 2011 12:00am
MML to organise public gathering next month

MML to organise public gathering next month

Muttahida Muslim League (MML) has announced to hold a public gathering in the provincial capital next month in connection with its mass contact campaign. This was announced at a meeting between Awami Muslim League chief, Sheikh Rasheed Ahmad and Pakistan
Published 03 Jan, 2011 12:00am
Minister for completion of canal desilting drive in Punjab

Minister for completion of canal desilting drive in Punjab

Senior Provincial Minister Raja Riaz Ahmad has directed to ensure completion of canal desilting campaign throughout Punjab and fulfil the set targets of Irrigation Department. He further said that desilting should be completed by January 31 and canals sho
Published 03 Jan, 2011 12:00am
US to deploy new intelligence drone in Afghanistan

US to deploy new intelligence drone in Afghanistan

The US military plans to deploy a new intelligence drone in Afghanistan, which military experts say will allow US troops to monitor much larger operational theatres than before, The Washington Post reported Sunday. The newspaper said the airborne surveill
Published 03 Jan, 2011 12:00am
Russia suspends some of its workhorse jets after accident

Russia suspends some of its workhorse jets after accident

Russian airlines were advised Sunday to ground some of their workhorse Tu-154 airplanes after one burst into flames while it readied for takeoff on a Siberian runway, killing three people. More than 30 people were also injured on Saturday when one of the
Published 03 Jan, 2011 12:00am
Malaysian centenarian ready to wed again

Malaysian centenarian ready to wed again

A 110-year-old Malaysian man who has been looking for a wife said he was ready to marry again after an 82-year-old woman responded to his wish, a report said Sunday. Ahmad Mohamad Isa, who has 20 grandchildren and 40 great-grandchildren, told Malay-langua
Published 03 Jan, 2011 12:00am
Qatar, US sign security pact

Qatar, US sign security pact

US Homeland Security Secretary Janet Napolitano and her Qatari counterpart Sheikh Abdullah bin Nasser bin Khalifa al-Thani on Sunday signed a bilateral security accord to boost bilateral co-operation.
Published 03 Jan, 2011 12:00am
Record floods swamp Australia's northeast

Record floods swamp Australia's northeast

Large parts of Australia's coastal northeast disappeared under floodwaters on Sunday in a spreading disaster that has brought some of the highest floods on record and forced thousands from their homes. Queensland State Treasurer Andrew Fraser described th
Published 03 Jan, 2011 12:00am
Kremlin critic Nemtsov jailed

Kremlin critic Nemtsov jailed

Three Russian opposition leaders received short jail terms on Sunday for "disobedience towards police" after a rally, a party spokesman said, a sign of a new crackdown on critics of the Kremlin.
Published 03 Jan, 2011 12:00am
Hong Kong democracy icon Szeto Wah dies at 79

Hong Kong democracy icon Szeto Wah dies at 79

One of Hong Kong's most influential democracy campaigners, Szeto Wah, has died at 79. Known by many in Hong Kong as Uncle Wah, the veteran activist had been in hospital for several months after being diagnosed with lung cancer.
Published 03 Jan, 2011 12:00am
Iran shops banned from selling Valentine gifts

Iran shops banned from selling Valentine gifts

Shops in Iran have been banned from selling Valentine cards and gifts as the traditional lovers' day gains increasing popularity in the Islamic republic, the ILNA news agency reported on Sunday. "In the run-up to Valentine's Day on February 14 the printin
Published 03 Jan, 2011 12:00am
Asian aid ship sets sail with Gaza aid

Asian aid ship sets sail with Gaza aid

An aid ship carrying goods for the blockaded Gaza Strip and backed by Asian activists has set sail from the Syrian port of Latakia for Egypt, a Palestinian official said in Damascus on Sunday.
Published 03 Jan, 2011 12:00am
Arabs held for plotting Jerusalem attack: Israel

Arabs held for plotting Jerusalem attack: Israel

Two Arabs have been arrested for a suspected plot to fire a rocket into a Jerusalem football stadium along with three other men who sold them firearms, Israel's Shin Bet intelligence service said Sunday.
Published 03 Jan, 2011 12:00am
Israeli troops shoot dead Palestinian

Israeli troops shoot dead Palestinian

Israeli troops shot dead a Palestinian at a checkpoint near the West Bank city of Nablus on Sunday, less than 48 hours after a female protester died after being tear-gassed. Palestinian officials condemned the two deaths, calling them part of a "dangerous
Published 03 Jan, 2011 12:00am
France to try eight men on terrorism-financing charges

France to try eight men on terrorism-financing charges

A criminal court in Paris will on Monday begin hearing the trial of eight men accused of carrying out armed robberies and other crimes to finance Islamic extremist movements. The key accused in the trial, 36-year-old French-Algerian Ouassini Cherifi, is a
Published 03 Jan, 2011 12:00am
Iran's president fires 14 advisers

Iran's president fires 14 advisers

An Iranian pro-government website says President Mahmoud Ahmadinejad has fired 14 advisers as part of an ongoing shake-up of his administration. The Sunday report from mashreghnews.ir says Ahmadinejad sacked the advisers a day earlier in an effort to help
Published 03 Jan, 2011 12:00am
Over 10,000 died in Afghan violence in 2010

Over 10,000 died in Afghan violence in 2010

More than 10,000 people, about a fifth of them civilians, lost their lives in violence in Afghanistan last year, an AFP count based on official figures and an independent website tally showed Sunday. Afghanistan's interior ministry spokesman Zemarai Basha
Published 03 Jan, 2011 12:00am
London investors set to catch their breath ahead of 2011

London investors set to catch their breath ahead of 2011

Investors on the London stock market are set to catch their breath after the market gained more than nine percent in 2010 and with 2011 shaping up to be a difficult year. The FTSE 100 index dropped 1.81 percent over the week to end the week at 5,899.94 po
Published 03 Jan, 2011 12:00am
Commodities stocks to get fresh boost in 2011

Commodities stocks to get fresh boost in 2011

Robust demand from emerging markets and a loose US monetary policy should boost commodity shares in 2011, though base metals could face a short-term hit as China acts to cap inflation, a senior equity trader said. Daniel Harris, head of dealing at London-
Published 03 Jan, 2011 12:00am
Commodities stocks to get fresh boost in 2011

Commodities stocks to get fresh boost in 2011

Robust demand from emerging markets and a loose US monetary policy should boost commodity shares in 2011, though base metals could face a short-term hit as China acts to cap inflation, a senior equity trader said. Daniel Harris, head of dealing at London-
Published 03 Jan, 2011 12:00am
Middle East markets: Dubai attracts new money, Egypt retreats

Middle East markets: Dubai attracts new money, Egypt retreats

Dubai's index advanced to a three-week high on Sunday, led by property-linked stocks, as investors built new positions on the first trading day of 2011. Other regional bourses also rose, with the exception of Egypt, whose benchmarkdropped after surging to
Published 03 Jan, 2011 12:00am
Dubai's global bourse hopes end but options remain

Dubai's global bourse hopes end but options remain

Dubai's ambition to become an international equity hub may have been put on ice by its need to repay debts, but the Gulf Arab state could still become a magnet for global equity funds if the UAE consolidates its bourses and earns MSCI emerging market stat
Published 03 Jan, 2011 12:00am
China funds cut equities weighting heading into 2011

China funds cut equities weighting heading into 2011

Mutual funds in China cut their recommended equity weightings for a second straight month in December, reflecting continued worries about policy tightening, the latest monthly Reuters poll of fund managers showed.
Published 03 Jan, 2011 12:00am
China funds cut equities weighting heading into 2011

China funds cut equities weighting heading into 2011

Mutual funds in China cut their recommended equity weightings for a second straight month in December, reflecting continued worries about policy tightening, the latest monthly Reuters poll of fund managers showed.
Published 03 Jan, 2011 12:00am
Saudi bourse regulator fines Banque Saudi Fransi

Saudi bourse regulator fines Banque Saudi Fransi

Saudi Arabia's financial regulator has slapped a $13,000 fine on major lender Banque Saudi Fransi for violating stock market disclosure rules, the watchdog said on Sunday. Fransi, in which France's Calyon holds a minority stake, was fined 50,000 riyals ($
Published 03 Jan, 2011 12:00am
Size acts as barrier to growth of Asian hedge funds

Size acts as barrier to growth of Asian hedge funds

Two smaller Asian hedge funds that have bet on Thai and Southeast Asian stocks have made a killing this year, racking up more than 80 percent gains and ranking among the world's 100 top-performing hedge funds.
Published 03 Jan, 2011 12:00am
Size acts as barrier to growth of Asian hedge funds

Size acts as barrier to growth of Asian hedge funds

Two smaller Asian hedge funds that have bet on Thai and Southeast Asian stocks have made a killing this year, racking up more than 80 percent gains and ranking among the world's 100 top-performing hedge funds.
Published 03 Jan, 2011 12:00am
Wall Street Weekahead: A bout of profit taking likely

Wall Street Weekahead: A bout of profit taking likely

A bout of profit taking seems likely early next year after the S&P 500 ended its best December in almost two decades, but stocks may have further to run at the start of 2011. Technical indicators are pointing to a strained market, though recently stocks h
Published 03 Jan, 2011 12:00am
Japanese share market looks to new year with optimism

Japanese share market looks to new year with optimism

As Japanese investors look ahead at 2011 many are betting on a healthy market recovery, possibly above the level seen before the 2008 subprime mortgage crisis, analysts said Thursday.
Published 03 Jan, 2011 12:00am
SEC could focus on secondary market platforms

SEC could focus on secondary market platforms

US securities regulators are looking at how investors trade shares in four privately held companies, according to reports, but the inquiry may broaden to the exchanges and trading platforms that facilitate these transactions, experts said.
Published 03 Jan, 2011 12:00am
SEC could focus on secondary market platforms

SEC could focus on secondary market platforms

US securities regulators are looking at how investors trade shares in four privately held companies, according to reports, but the inquiry may broaden to the exchanges and trading platforms that facilitate these transactions, experts said.
Published 03 Jan, 2011 12:00am
European firms urge antitrust sanctions on Hungary

European firms urge antitrust sanctions on Hungary

Thirteen leading European firms have urged the European Union to impose sanctions on Hungary for anti-competitive measures, German newspaper Die Welt reported Sunday.
Published 03 Jan, 2011 12:00am
German minister sees wages rising 'considerably'

German minister sees wages rising 'considerably'

German wages will rise strongly in 2011 due to several factors including a continued decline in unemployment, Labour Minister Ursula von der Leyen said in a newspaper interview released on Sunday. "I'm firmly convinced that wages will rise considerably th
Published 03 Jan, 2011 12:00am
Oman to spend $78 billion in five-year economic plan

Oman to spend $78 billion in five-year economic plan

Oman plans to spend 30 billion rials ($77.92 billion) in its new five-year economic plan to 2015, including about 6 billion rials allocated to oil industry, the Gulf state's national economy minister said on Sunday. The bulk of spending in the new plan, w
Published 03 Jan, 2011 12:00am
Russian 2010 oil output hits post-Soviet record

Russian 2010 oil output hits post-Soviet record

Russian oil output rose by 2.2 percent in 2010 to a record 10.1 million barrels per day (505.193 million tonnes) as higher prices prompted the world's top oil exporter to ramp up production at its greenfield sites. The growth in crude production surprised
Published 03 Jan, 2011 12:00am
Iran says no gap in oil exports to India

Iran says no gap in oil exports to India

A senior Iranian Oil Ministry official said on Sunday Iran's oil exports to long-time trading partner India had continued despite a dispute over the method of payment, student news agency ISNA reported.
Published 03 Jan, 2011 12:00am
European debt crisis a boon for British blogger

European debt crisis a boon for British blogger

When British economist Edward Hugh set up a blog that repeatedly predicted the euro could not survive, few people took notice. Not any more. With the European single currency facing its greatest challenge since it entered into general circulation in 2002
Published 03 Jan, 2011 12:00am
European debt crisis a boon for British blogger

European debt crisis a boon for British blogger

When British economist Edward Hugh set up a blog that repeatedly predicted the euro could not survive, few people took notice. Not any more. With the European single currency facing its greatest challenge since it entered into general circulation in 2002
Published 03 Jan, 2011 12:00am
South Korea's KAMCO to buy $4.4 billion bad loans

South Korea's KAMCO to buy $4.4 billion bad loans

Korea Asset Management Corporation (KAMCO) will buy about 5 trillion won ($4.38 billion) worth of bad loans from financial institutions and assets from companies under restructuring this year, local media said on Sunday. The planned purchase amount is a t
Published 03 Jan, 2011 12:00am
South Korea's KAMCO to buy $4.4 billion bad loans

South Korea's KAMCO to buy $4.4 billion bad loans

Korea Asset Management Corporation (KAMCO) will buy about 5 trillion won ($4.38 billion) worth of bad loans from financial institutions and assets from companies under restructuring this year, local media said on Sunday. The planned purchase amount is a t
Published 03 Jan, 2011 12:00am
Austria civil servants challenge pension cut

Austria civil servants challenge pension cut

Austrian civil servants plan to file a lawsuit with the country's highest court contesting parts of a government austerity campaign that toughens rules for their pensions, the head of their union was quoted as saying.
Published 03 Jan, 2011 12:00am
Lufthansa to employ 4,000 new staff in 2011

Lufthansa to employ 4,000 new staff in 2011

Germany's flagship airline Lufthansa aims to boost its workforce by 4,000 this year as it prepares for a surge in passengers, the group's new chief executive told German newspaper Bild. That would be an increase of around 3 percent, based on the latest av
Published 03 Jan, 2011 12:00am
Obama ready to make tough choices on budget: aide

Obama ready to make tough choices on budget: aide

US President Barack Obama is willing to make difficult choices on spending cuts when he unveils his budget next month, a senior aide said on Sunday. But White House economist Austan Goolsbee said it was important not to "skimp" on important investments li
Published 03 Jan, 2011 12:00am
Iraq plans 4th bidding round for gas contracts

Iraq plans 4th bidding round for gas contracts

Iraq is considering holding a fourth bidding round for international energy firms interested in gas exploration contracts, government officials said on Sunday. Iraq will "initially" offer 12 exploration blocs, Oil Minister Abdul Kareem Luaibi told reporte
Published 03 Jan, 2011 12:00am
Iraq approves Shell plan to build its own dock

Iraq approves Shell plan to build its own dock

Royal Dutch Shell may build its own dock in Iraq's Shatt al-Arab waterway to speed up delivery of heavy equipment to the supergiant Majnoon oilfield which the oil major is developing with a Malaysian partner.
Published 03 Jan, 2011 12:00am
Iraq signs power deals with French firms

Iraq signs power deals with French firms

Iraq signed deals worth $52 million with France's Schneider Electric and Areva to build 15 power distribution stations in the southern oil hub of Basra, a government official said. Schneider Electric, has won a $29 million contract to build eight distribu
Published 03 Jan, 2011 12:00am
Merkel must get Germans to back sound EU integration

Merkel must get Germans to back sound EU integration

The debt crisis has strengthened Germany's hand in Europe, but Chancellor Angela Merkel will have a tough time convincing voters that leadership might also mean digging deep for additional aid.
Published 03 Jan, 2011 12:00am
Palestinian football team to visit Pakistan

Palestinian football team to visit Pakistan

Palestinian football team would visit to Pakistan for soccer series, which will be a landmark in history of Pakistan football. This was stated by Pakistan Football Federation (PFF)'s President Syed Faisal Saleh Hayat onSunday. The Iran, South Korea, UAE,
Published 03 Jan, 2011 12:00am
Xavi equals Barcelona appearance record

Xavi equals Barcelona appearance record

Spanish World Cup winner Xavi equalled Barcelona's all-time appearance record by making his 549th outing for the club in Sunday's league match against Levante at Camp Nou. Playmaker Xavi, one of the candidates shortlisted for the 2010 Ballon d'Or, equalle
Published 03 Jan, 2011 12:00am
Taseer presents prizes to winners

Taseer presents prizes to winners

Governor of Punjab, Salman Taseer was the chief guest at a polo charity match held for the cause of heart patients at Lahore Polo Club Sunday. He presented prizes to the winner team. The club's president, Irfan Ali Haider was also present on the occasion.
Published 03 Jan, 2011 12:00am
Amla, Kallis blunt Indian attack

Amla, Kallis blunt Indian attack

Hashim Amla and Jacques Kallis made contrasting half-centuries to blunt India's advantage after winning the toss on the first day of the third and final Test against South Africa at Newlands on Sunday. South Africa were 232 for four at the end of a day wh
Published 03 Jan, 2011 12:00am
Zaheer dismisses Smith for sixth time in nine tests

Zaheer dismisses Smith for sixth time in nine tests

India pace bowler Zaheer Khan dismissed South Africa captain Graeme Smith for the sixth time in nine tests before rain forced the players off the field after only nine overs on the opening day of the third test on Sunday.
Published 03 Jan, 2011 12:00am
Chelsea's title hopes dented by Villa draw

Chelsea's title hopes dented by Villa draw

Chelsea's bid to retain the Premier League title suffered another blow as struggling Aston Villa snatched a dramatic 3-3 draw at Stamford Bridge on Sunday.
Published 03 Jan, 2011 12:00am
McCullum double ton lifts New Zealand XI

McCullum double ton lifts New Zealand XI

A quickfire 206 by Brendon McCullum put the New Zealand XI in a commanding position at 342-4 at the close of the first day of their first Test warm-up match against Pakistan in Whangarei Sunday.
Published 03 Jan, 2011 12:00am
Khawaja, Beer to debut for Australia

Khawaja, Beer to debut for Australia

Batsman Usman Khawaja and spinner Michael Beer will make their debuts for Australia in the final Ashes Test against England at the Sydney Cricket Ground, captain Michael Clarke said on Sunday. Pakistan-born Khawaja will become the first Muslim to play Tes
Published 03 Jan, 2011 12:00am
Shane Warne tells Strauss to up his game

Shane Warne tells Strauss to up his game

Australia great Shane Warne has said Andrew Strauss must stop "missing a lot tactically" if England are to achieve their goal of becoming the world's best Test side.
Published 03 Jan, 2011 12:00am
Kaka returns to Real Madrid squad

Kaka returns to Real Madrid squad

Brazilian attacking midfielder Kaka, who has been out since the start of the season, was on Sunday named in the Real Madrid squad for Monday's trip to Getafe by coach Jose Mourinho. The playmaker, who won the 2007 Ballon d'Or, underwent surgery in August
Published 03 Jan, 2011 12:00am
Thousands queue for World Cup tickets in Bangladesh

Thousands queue for World Cup tickets in Bangladesh

Thousands of die-hard cricket fans queued overnight in the Bangladeshi capital Dhaka as banks started selling coveted tickets for the World Cup on Sunday. The showpiece event, jointly hosted by India, Sri Lanka and Bangladesh, opens on February 19 in Dhak
Published 03 Jan, 2011 12:00am
Djokovic and Ivanovic give Serbia opening win

Djokovic and Ivanovic give Serbia opening win

Novak Djokovic kick-started his 2011 campaign with a well-earned victory on Sunday as top seeds Serbia whitewashed Kazakhstan 3-0 in their opening Group A match at the Hopman Cup mixed team event. The world number three dropped the first set to the hard-h
Published 03 Jan, 2011 12:00am
Australian Peers stuns Kleybanova

Australian Peers stuns Kleybanova

Australian wildcard Sally Peers stunned seventh seeded Russian Alisa Kleybanova with a 3-6, 6-4, 6-3 win in the opening match of the Brisbane International tennis tournament on Sunday. The 24-year-old Peers, ranked 154th in the world heading into the tour
Published 03 Jan, 2011 12:00am
Confident German firms still see risks in 2011

Confident German firms still see risks in 2011

Germany's upbeat companies see the eurozone debt crisis and uncertainty over economic growth in the United States as the main risks for 2011, a Reuters poll of four major business groups showed on Dec 28. Buoyed by growing domestic demand that is helping
Published 03 Jan, 2011 12:00am
Confident German firms still see risks in 2011

Confident German firms still see risks in 2011

Germany's upbeat companies see the eurozone debt crisis and uncertainty over economic growth in the United States as the main risks for 2011, a Reuters poll of four major business groups showed on Dec 28. Buoyed by growing domestic demand that is helping
Published 03 Jan, 2011 12:00am
Petrobras confirms big oil find in renamed 'Lula' field

Petrobras confirms big oil find in renamed 'Lula' field

Brazil's state-run Petrobras confirmed on December 29 that oil fields recently discovered offshore contained 8.3 billion barrels of recoverable crude and gas - and said the biggest field was being renamed "Lula."
Published 03 Jan, 2011 12:00am
ETF market seen growing 20-30 percent in 2011:BlackRock

ETF market seen growing 20-30 percent in 2011:BlackRock

The global market for exchange-traded funds (ETFs) may grow around 20 to 30 percent next year, fuelled by Asia where the market is still maturing, a strategist at money manager BlackRock said.
Published 03 Jan, 2011 12:00am
ETF market seen growing 20-30 percent in 2011:BlackRock

ETF market seen growing 20-30 percent in 2011:BlackRock

The global market for exchange-traded funds (ETFs) may grow around 20 to 30 percent next year, fuelled by Asia where the market is still maturing, a strategist at money manager BlackRock said.
Published 03 Jan, 2011 12:00am
Nasdaq looking at new foray into Japan

Nasdaq looking at new foray into Japan

US-based Nasdaq OMX Group is looking at having a second stab at setting up a market in Japan with the Osaka Securities Exchange, hoping to attract investors from emerging Asian economies, domestic media reported.
Published 03 Jan, 2011 12:00am
Russia's Norilsk soars on buyback plan

Russia's Norilsk soars on buyback plan

Norilsk Nickel shares soared Wednesday after the world's biggest nickel producer announced a major shares buyback programme following its failure to acquire a 25-percent stake in the company owned by a Russian rival.
Published 03 Jan, 2011 12:00am
Iraq sets up special court to reassure investors

Iraq sets up special court to reassure investors

Iraq has set up its first dedicated court for investment and commercial lawsuits, a move designed to reassure foreign investors and attract them to the war-ravaged country, the head of the court said on December 27. Ameer al-Shimery, the chief justice of
Published 03 Jan, 2011 12:00am
China to scrap tax cuts for small passenger cars

China to scrap tax cuts for small passenger cars

China said Tuesday it would increase the purchase tax for small passenger cars next year, as authorities continue to wind back stimulus measures introduced to combat the global financial crisis. Expectations that the government would soon scrap the tax cu
Published 03 Jan, 2011 12:00am
No need to raise funds for SIFI rules: Mizuho CEO

No need to raise funds for SIFI rules: Mizuho CEO

Japan's Mizuho Financial Group can meet additional capital requirements without raising funds if it becomes subject to stricter global rules under consideration for banks deemed "too big too fail", its CEO said.
Published 03 Jan, 2011 12:00am
No need to raise funds for SIFI rules: Mizuho CEO

No need to raise funds for SIFI rules: Mizuho CEO

Japan's Mizuho Financial Group can meet additional capital requirements without raising funds if it becomes subject to stricter global rules under consideration for banks deemed "too big too fail", its CEO said.
Published 03 Jan, 2011 12:00am
Artificial intelligence to transform web

Artificial intelligence to transform web

The emergence of artificial intelligence is to transform the Internet industry and social networking over the next decade, Russia's leading web tycoon said in an interview on December 28.
Published 03 Jan, 2011 12:00am
Sony to launch PlayStation smartphone

Sony to launch PlayStation smartphone

Sony's long-rumoured PlayStation Portable smartphone is set to be launched in North America and Europe as early as the spring, according to a Japanese newspaper report on December 29.
Published 03 Jan, 2011 12:00am
DoCoMo aims to take on iPad with new tablet

DoCoMo aims to take on iPad with new tablet

Japan's top carrier NTT DoCoMo is to launch a tablet computer running Google software to challenge Apple's hot-selling iPad, a report said on Saturday.
Published 03 Jan, 2011 12:00am
New Kindle becomes all-time best seller

New Kindle becomes all-time best seller

Online retailer Amazon on December 27 said its latest Kindle had become the company's best-selling product ever. Without giving details of the number of units sold, the company said sales of its third generation e-reader had beat sales of "Harry Potter an
Published 03 Jan, 2011 12:00am
2011 technology wish list

2011 technology wish list

A new year rolls in a new opportunity arises to make wishes for the future. And in the world of technology, there's plenty to wish for. Despite the great gadgets introduced in the recent past - iPad, Android, Windows 7, smartphones, and more - there's roo
Published 03 Jan, 2011 12:00am
French smartphone users get holiday gift - their phones

French smartphone users get holiday gift - their phones

Some French smartphone users are getting an unexpected holiday gift this year - their handsets - as a tax hike allows them to get out of their service contracts and keep their subsidised phone. Analysts say the development is a disaster for France's main
Published 03 Jan, 2011 12:00am
Tablets galore on tap at major CES gadget fest

Tablets galore on tap at major CES gadget fest

Tablet computers will lead a host of "smart" gadgets in the Nevada desert this week at a Consumer Electronics Show (CES) spotlighting slick new devices on the horizon. CES attendance in Las Vegas should top the 126,000 figure from the annual event last Ja
Published 03 Jan, 2011 12:00am
New virus threatens Android devices

New virus threatens Android devices

A virus infecting mobile phones using Google's Android operating system has emerged in China that can allow a hacker to gain access to personal data, US security experts said on December 31.
Published 03 Jan, 2011 12:00am
Facebook tops Google in website hits: study

Facebook tops Google in website hits: study

Facebook stole the thunder from Google this year as the most-visited website in the United States, according to a new study from Internet research firm Experian Hitwise. The social-networking juggernaut's www.facebook.com was the top-visited website for t
Published 03 Jan, 2011 12:00am
Most US Internet users have paid for content: survey

Most US Internet users have paid for content: survey

Nearly two-thirds of US Internet users have paid to download or access online content such as music, movies or news articles, a survey showed on Thursday. The Pew Research Centre's Internet & American Life Project found 65 percent of those surveyed said t
Published 03 Jan, 2011 12:00am
Not easy being green with modern technology

Not easy being green with modern technology

There's no way to get through modern life without the basics any more: namely a computer, a mobile, etc. But most people want to be environmentally friendly these days and that's where the conflicts begin.
Published 03 Jan, 2011 12:00am
'Obesity soon to outscore smoking as cancer risk'

'Obesity soon to outscore smoking as cancer risk'

Obesity will soon outscore smoking as the principal risk factor in Germany for cancer, the head of the country's main cancer-research laboratory said on December 29. The reason was the growth in Germany's obesity rate. Overweight people are at greater ris
Published 03 Jan, 2011 12:00am
More girls developing a form of hearing loss

More girls developing a form of hearing loss

Boys have been more likely than girls to show signs of a particular type of hearing loss, but girls are catching up - and the ubiquity of portable audio players may be to blame, new research suggests.
Published 03 Jan, 2011 12:00am
Inappropriate drugs still given for sinus woes

Inappropriate drugs still given for sinus woes

A push to get US doctors to use the antibiotic amoxicillin in children with acute sinus inflammation appears to be paying off, a report published today in Pediatrics indicates. That's the good news. The bad news is that inappropriate prescribing of other,
Published 03 Jan, 2011 12:00am
Kidney patients in grim wait for donors in Philippines

Kidney patients in grim wait for donors in Philippines

Carmen delos Santos smiled meekly as a nurse turned on the dialysis machine that has been keeping her alive for the past five years. The 50-year-old mother of two sons has been visiting a private dialysis centre in Manila three times a week since she was
Published 03 Jan, 2011 12:00am
Scientists seek climate clues in shattered glass

Scientists seek climate clues in shattered glass

Studying the way glass or other brittle objects shatter can help scientists hone their weather forecasts and predictions of future climate, a study released on December 28 says. The study found that tiny particles of dust, released into the air when dirt
Published 03 Jan, 2011 12:00am
'250 billion' plastic fragments in Mediterranean

'250 billion' plastic fragments in Mediterranean

Some 250 billion microscopic pieces of plastic are floating in the Mediterranean, creating a biological hazard that reverberates up the food chain, according to research supported by green campaigners.
Published 03 Jan, 2011 12:00am
Prostate cancer treatment may be tied to cataracts

Prostate cancer treatment may be tied to cataracts

Older men who opt for hormone-blocking therapy to treat prostate cancer might be slightly raising their risk of developing cataracts, hints new research. However, it is not yet clear if the therapy does actually cause the clouding that develops in the len
Published 03 Jan, 2011 12:00am
Exercise may help limit pregnancy weight gain

Exercise may help limit pregnancy weight gain

Being physically active while pregnant may help women gain a little bit less weight, according to a new review of recent research. Pooling the results of 12 studies, researchers in Munich, Germany, found that women who exercised while pregnant gained an a
Published 03 Jan, 2011 12:00am
Babies may gain extra weight on standard formula

Babies may gain extra weight on standard formula

All infant formulas may not be equal when it comes to babies' weight gain over their first months of life, a new study finds. In a study that followed 56 formula-fed infants, researchers found that babies on hypoallergenic formula stayed close to the "nor
Published 03 Jan, 2011 12:00am
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