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Archive - 2011-01-28
World Cup 2011 venue guide
Sports

World Cup 2011 venue guide

NEW DELHI: Guide to the venues for the 2011 World Cup which takes place in India, Sri Lanka and Bangladesh from February
Published 28 Jan, 2011 05:20pm
European stocks slide
Financial

European stocks slide

LONDON: European stock markets closed down sharply on Friday, with London's FTSE 100 index of leading shares dropping 1.
Published 28 Jan, 2011 05:05pm
Pasban records protest
Pakistan

Pasban records protest

KARACHI: Pasban Pakistan activists gathered to record protest against the US consulate employee. During the protest, the
Published 28 Jan, 2011 04:56pm
Castrol trophy for Tendulkar
Sports

Castrol trophy for Tendulkar

MUMBAI: Indian cricketer Sachin Tendulkar won 'Castrol Indian Cricketer of the Year'. Award ceremony held in Mumbai. Ten
Published 28 Jan, 2011 04:05pm
Oil prices down in Asia
Commodities

Oil prices down in Asia

SINGAPORE: Crude prices fell in Asian trade on Friday as investors braced for further interest hikes in China, the world
Published 28 Jan, 2011 03:07pm
World Cup 2011 squads
Sports

World Cup 2011 squads

NEW DELHI: Full squads of the 14 teams taking part in the 2011 World Cup being staged in India, Sri Lanka and Bangladesh
Published 28 Jan, 2011 02:48pm
World Cup 2011 match schedule
Sports

World Cup 2011 match schedule

NEW DELHI: Schedule of matches in the 2011 World Cup which runs from February 19 until April 2 in India, Sri Lanka and B
Published 28 Jan, 2011 02:38pm
World Cup 2011 venue guide
Sports

World Cup 2011 venue guide

NEW DELHI: Guide to the venues for the 2011 World Cup which takes place in India, Sri Lanka and Bangladesh from February
Published 28 Jan, 2011 02:25pm
HK Exchange Fund assets
Asia

HK Exchange Fund assets

HONG KONG: Total assets of the Exchange Fund, which is used to back the Hong Kong dollar, stood atHK$2,345.7 billion ($3
Published 28 Jan, 2011 10:14am
indoesia ferry fire
Asia

indoesia ferry fire

JAVA: Smoke billows from the burning ferry seen from the shore of Merak city on January 28, 2011. At least 11 people wer
Published 28 Jan, 2011 09:53am
Oil prices mixed in Asia
Energy

Oil prices mixed in Asia

SINGAPORE: Crude prices were mixed in Asian trade on Friday as investors braced for further interest hikes in China, the
Published 28 Jan, 2011 04:41am
Save the auto industry
BR Research

Save the auto industry

After much ado, the cabinet has finally endorsed the ECCs decision to relax the age limit of imported cars from three years to five years.
Published 28 Jan, 2011 12:00am
Fauji Fertilizer Company
BR Research

Fauji Fertilizer Company

There is no business like urea manufacturing in Pakistan; and of all companies, Fauji Fertilizer Company (FFC) narrates it best. The largest
Published 28 Jan, 2011 12:00am
Gilani lauds US confidence in economic system

Gilani lauds US confidence in economic system

Prime Minister Yousuf Raza Gilani on Thursday appreciated the confidence of US government in Pakistan's economic system. Talking to a US delegation led by Senior Advisor to the US President David Lipton here at the PM House.
Published 28 Jan, 2011 12:00am
Chairman FFC appointed

Chairman FFC appointed

The government has appointed Asad Imtiaz Ali, an officer of grade 21 as Chairman Federal Flood Commission (FFC), official sources told Business Recorder. He has replaced Zarar Alam, who reached the age of superannuation after serving the FFC and Mi
Published 28 Jan, 2011 12:00am
Devolution of Environment Ministry likely to create serious problems

Devolution of Environment Ministry likely to create serious problems

The devolution of Environment Ministry in accordance with 18th amendment would create serious policy implications for the government as climate change has emerged in the form of major global challenge with devastating threat to Pakistan's ecology.
Published 28 Jan, 2011 12:00am
Fuel shortage: Bunker industry's business plunges by 80 percent

Fuel shortage: Bunker industry's business plunges by 80 percent

The government's delayed import of furnace oil has scaled down the local bunker industry's businesses by 80 percent, as shortage of fuel stirred worries in the industry. "Bunker industry is inching towards shut down with each passing day for continued sho
Published 28 Jan, 2011 12:00am
Alleged misuse of authority NAB apprehend CEO Cargo Aids

Alleged misuse of authority NAB apprehend CEO Cargo Aids

National Accountability Bureau (NAB) Sindh has arrested Sohail Hassan, Chief Executive Officer of Cargo Aids Private LTD on the allegations of criminal breach of trust and misuse of authority in connivance of PIAC officers by defaulting rupees 195 million
Published 28 Jan, 2011 12:00am
Government determined to overcome economic crisis: Naek

Government determined to overcome economic crisis: Naek

Chairman Senate Farooq H. Naek has said that our fight against terrorism and unprecedented natural disasters, such as last year's monsoon floods, have exacerbated our economic challenges, but we are determined to overcome these difficulties through sustai
Published 28 Jan, 2011 12:00am
Saudi medical services to continue in Thatta

Saudi medical services to continue in Thatta

The Royal Embassy of Saudi Arabia in Islamabad has the pleasure to announce that in continuation to the Saudi medical services in Thatta city, wherein Saudi mobile field hospital has conducted 68 different successful surgical operations so far for the flo
Published 28 Jan, 2011 12:00am
Iranian universities to begin students, teachers exchange plan with UoP

Iranian universities to begin students, teachers exchange plan with UoP

Acting Consul General of the Islamic Republic of Iran in Peshawar, Hasheem Ashjazadeh said that universities in his countries want to start students, teachers exchange programme with University of Peshawar and modalities in this reference are being finali
Published 28 Jan, 2011 12:00am
'Pakistan facing worst kind of environment pollution'

'Pakistan facing worst kind of environment pollution'

Federal Minister for Environment, Hameedullah Jan Afridi has said that Pakistan is facing extreme crisis of environment pollution, which needs to be addressed on war footing. Young generation should play its revolutionary role to combat environmental prob
Published 28 Jan, 2011 12:00am
Now a settled area: President congratulates people of Kala Dhaka

Now a settled area: President congratulates people of Kala Dhaka

President Asif Ali Zardari reiterated firm resolve of the government to bring the far-flung areas of the country into the mainstream of national life that was why the government had decided reforms in tribal areas that included Political Parties Act to th
Published 28 Jan, 2011 12:00am
GAAC distributes ration, clothes among flood survivors

GAAC distributes ration, clothes among flood survivors

Berlin-based German Aid for Afghan Children (GAAC), has distributed one-month food ration among 15 flood-affected families and warm clothes and shoes among 300 children in Kaidaam and Gornai localities of the worst flood-affected district Swat of Khyber-P
Published 28 Jan, 2011 12:00am
Action against restaurant for poor quality of food

Action against restaurant for poor quality of food

In connection with a campaign, a team of the district administration raided a renowned restaurant at University Town Peshawar and arrested the accused and imposed a fine of Rs 30,000. According to a report issued by the DCO Peshawar on complaints of the p
Published 28 Jan, 2011 12:00am
Khyber Pakhtunkhwa government provides buses to five colleges

Khyber Pakhtunkhwa government provides buses to five colleges

The provincial government of Khyber Pakhtunkhwa provided buses to five colleges in different districts of the province to facilitate students of these institutions. The Chief Minister, Ameer Haider Khan Hoti handed over the keys of the buses to the princi
Published 28 Jan, 2011 12:00am
Energy advisor slams PSO's 'defamation campaign'

Energy advisor slams PSO's 'defamation campaign'

Energy Advisor to the Ministry of Water and Power, Shahid Sattar, has strongly protested against what he reportedly termed as a campaign launched by Pakistan State Oil (PSO) subsequent to the preparation of a summary recommending import of furnace oil for
Published 28 Jan, 2011 12:00am
Government formulating new framework for growth: Gilani

Government formulating new framework for growth: Gilani

Prime Minister Yousuf Raza Gilani has said the government is formulating a new economic framework to put Pakistan on a trajectory of sustainable economic growth and development. In this connection, he added, the government is going to take its coalition p
Published 28 Jan, 2011 12:00am
EPZA shows tremendous performance during year 2009-10

EPZA shows tremendous performance during year 2009-10

Export Processing Zones Authority (EPZA) has shown its tremendous performance during the year 2009-10. It has published its first ever Year Book for 2010. It's Exports increased by 14 percent, Tax revenues increased by 14 percent, Investment of surplus fu
Published 28 Jan, 2011 12:00am
Profound moments: message to political leadership

Profound moments: message to political leadership

The frequency of transmitting the message shows the level of its importance and the urgency it needs to be attended. In yet another briefing on 25th January, and this time to the Parliamentary Committee constituted by the Prime Minister, Ministry of Finan
Published 28 Jan, 2011 12:00am
Improve intelligence gathering techniques

Improve intelligence gathering techniques

The suicide bombing of Lahore and Karachi Chehlum processions, within 90 minutes of each other, has left 17 people dead, including 13 people in Lahore and four in Karachi, with over 80 injured in both the hits. A teenaged bomber blew himself up in Lahore'
Published 28 Jan, 2011 12:00am
Agenda for egalitarian Pakistan

Agenda for egalitarian Pakistan

There is a consensus that successive governments - civil and military alike - have paid little attention towards long-term economic planning. No strategy was ever devised to meet challenges arising from calamities or sudden unexpected crisis. Poor plannin
Published 28 Jan, 2011 12:00am
Writing on the wall

Writing on the wall

The private sector, the engine of growth, is in deep troubles, but quite surprisingly, the Federal Board of Revenue is happy and obviously it should be because it considers the revenue collection is the only objective of its very existence and the collect
Published 28 Jan, 2011 12:00am
On the menu at CES: Chips and tablets with everything

On the menu at CES: Chips and tablets with everything

For more than 30 years, the PC in its myriad forms has reigned supreme over the computing world. But if one trend is apparent as the Consumer Electronics Show gets under way this week in Las Vegas, recently, it's that the undisputed reign of the PC is fas
Published 28 Jan, 2011 12:00am
Where is public money?

Where is public money?

The federal government is all bent upon imposing more and more taxes on poor people of Pakistan in the name of revenue generation and increase the revenues to meet their expenses. They are trying to impose RGST which would ultimately land on the poor and
Published 28 Jan, 2011 12:00am
SECP needs to be made more responsive: chairman

SECP needs to be made more responsive: chairman

The Chairman Securities and Exchange Commission of Pakistan (SECP) Muhammad Ali Ghulam Muhammad has said that the response time at SECP needs to be reduced substantially. Speaking at his first meeting with the senior management of SECP, shortly after join
Published 28 Jan, 2011 12:00am
Abdul Majid elected General Council member at WCF

Abdul Majid elected General Council member at WCF

Abdul Majid Haji Muhammad, the immediate past president, Karachi Chamber of Commerce and Industry (KCCI) has been elected as General Council member at World Chambers Federation (WCF). World Chambers Federation represents 1,500 Chamber members from 125 cou
Published 28 Jan, 2011 12:00am
Otsuka plans to invest millions of dollars in pharmaceutical company

Otsuka plans to invest millions of dollars in pharmaceutical company

Head of Otsuka Pharmaceutical Japan, Ichiro Otsuka has said that the company is planning to establish another pharmaceutical company in Pakistan. Talking to Business Recorder at Otsuka Pakistan Hub Industrial Estate on Thursday, he said that the pu
Published 28 Jan, 2011 12:00am
Health experts for rational use of antibiotics

Health experts for rational use of antibiotics

In an effort to eradicate misuse of antibiotics and heighten awareness of importance of accurate and effective diagnosis of infectious diseases, a seminar focusing on 'rational use of antibiotics at primary care setting' was organised on Thursday by Indus
Published 28 Jan, 2011 12:00am
Syngenta extends its flood relief efforts

Syngenta extends its flood relief efforts

As part of flood relief efforts, Syngenta had pledged to work closely with farming communities in the affected areas to offer the necessary assistance. As part of this initiative, Syngenta Pakistan provided Crop Protection Sprayers to flood affected growe
Published 28 Jan, 2011 12:00am
Profit after tax of MTL increases to Rs 1.188 billion

Profit after tax of MTL increases to Rs 1.188 billion

The profit after tax of Millat Tractors Limited (MTL) has increased to Rs 1.188 billion in the half year period ended December 31, 2010 as compared to Rs 1.035 billion earned in the corresponding period in 2009. The company's earning per share increased t
Published 28 Jan, 2011 12:00am
Profit after tax of MTL increases to Rs 1.188 billion

Profit after tax of MTL increases to Rs 1.188 billion

The profit after tax of Millat Tractors Limited (MTL) has increased to Rs 1.188 billion in the half year period ended December 31, 2010 as compared to Rs 1.035 billion earned in the corresponding period in 2009. The company's earning per share increased t
Published 28 Jan, 2011 12:00am
FFC's profit after tax increases

FFC's profit after tax increases

The profit after tax of Fauji Fertiliser Company (FFC) has increased to Rs 11.028 billion in the year ended December 31, 2010 as compared to Rs 8.823 billion earned in the corresponding period in 2009. The company's earning per share increased to Rs 16.25
Published 28 Jan, 2011 12:00am
FFC's profit after tax increases

FFC's profit after tax increases

The profit after tax of Fauji Fertiliser Company (FFC) has increased to Rs 11.028 billion in the year ended December 31, 2010 as compared to Rs 8.823 billion earned in the corresponding period in 2009. The company's earning per share increased to Rs 16.25
Published 28 Jan, 2011 12:00am
Bangladesh painter's works donated to flood victims

Bangladesh painter's works donated to flood victims

The Foreign Secretary of Bangladesh Ambassador Mohammed Mijarul Quayes, donated three paintings of Mahmudul Haque, one of the top contemporary painters of Bangladesh for the flood victims.
Published 28 Jan, 2011 12:00am
Commodities of millions of rupees lost

Commodities of millions of rupees lost

A mysterious fire that engulfed one of the busiest auto-parts markets of the metropolis in the wee hours of Thursday morning, burnt commodities of millions of rupees into ashes. "We were informed by a caller, who might be a watchman, at 2:30am that fire b
Published 28 Jan, 2011 12:00am
International apparel-sourcing show at New York from July 19

International apparel-sourcing show at New York from July 19

More that 24 to 30 exhibitors are expected to participate in the 'international apparel sourcing show' scheduled to be held in New York from July 19 to 20, 2011 Manager Sales, International Apparel Sourcing Show, David Pennes and Chief Executive Officer M
Published 28 Jan, 2011 12:00am
S M Khalid dies

S M Khalid dies

Syed Muhammad Khalid, former Post Master General died on Thursday morning in Quetta because of cardiac arrest. He was 62. He has left wife, a son and a daughter behind to mourn his death. The funeral prayers of S.M.Khalid will be offered on Friday (today)
Published 28 Jan, 2011 12:00am
US MIDDAY: gold slides

US MIDDAY: gold slides

Gold fell more than 2 percent on Thursday as investor appetite for the metal waned and on growing expectations for rising interest rates that would ultimately make bullion a less attractive investment. A raft of positive economic data from the United Stat
Published 28 Jan, 2011 12:00am
US MIDDAY: wheat and corn down; soya up

US MIDDAY: wheat and corn down; soya up

Chicago Board of Trade grain futures were lower early on Thursday as a round of profit-taking squashed early projections for a higher opening, traders said. Trading remained tentative, with front-month soybean futures briefly turning higher and wheat and
Published 28 Jan, 2011 12:00am
US MIDDAY: sugar probes near 30-year high

US MIDDAY: sugar probes near 30-year high

Sugar futures probed near a 30-year high on Thursday as an EU body said it would approve extra imports, while cocoa hit a one-year peak after a call for an export ban in Ivory Coast fuelled concerns about supply. Coffee futures were little changed near mu
Published 28 Jan, 2011 12:00am
Gold falls as risk grows for higher rates

Gold falls as risk grows for higher rates

Gold came under pressure on Thursday from waning investor appetite for the metal and growing expectations for rising interest rates that would ultimately make it less attractive to invest in this market. A raft of positive economic data from the United St
Published 28 Jan, 2011 12:00am
Gold falls in Asia

Gold falls in Asia

Spot gold prices edged lower on Thursday, as prospects of slower physical demand weigh on market sentiment, but cautious economic views on the economy offered by the US Federal Reserve lent support. Physical demand in the region is likely to weaken after
Published 28 Jan, 2011 12:00am
US gold slightly higher

US gold slightly higher

US gold futures ended slightly higher on Wednesday, snapping a four-day losing streak, then posted more gains in post-settlement trade after the Federal Reserve's lukewarm economic assessment sparked safe-haven buying. COMEX February gold futures settled
Published 28 Jan, 2011 12:00am
Liffe sugar soars

Liffe sugar soars

Liffe March white sugar closes $25.40 higher at $824.50 per tonne on Thursday, its highest since December 30 and near the record of $835.08. The European Union said it would approve extra imports to address an expected supply shortage, and markets also fo
Published 28 Jan, 2011 12:00am
US soyabeans up

US soyabeans up

Chicago Board of Trade soyabean futures closed higher on Wednesday, although long-awaited rains in key soybean-growing areas of Argentina limited the upside, traders said. Algeria has purchased a total of 1.75 million tonnes of wheat since the start of Ja
Published 28 Jan, 2011 12:00am
New York Cocoa stays at peak

New York Cocoa stays at peak

US cocoa scaled a 1-year top Wednesday as it rose for the third day in a row, fuelled by news that sales of cocoa products from top grower Ivory Coast have virtually stopped due to the violent political impasse in the African nation. New sales offers for
Published 28 Jan, 2011 12:00am
Malaysian palm oil rises

Malaysian palm oil rises

Malaysian palm oil futures rebounded on Thursday from one-week lows hit the previous day, buoyed by global commodities markets and stronger demand ahead of Lunar New Year. Commodities rebounded forcefully on Wednesday from sharp losses the previous sessio
Published 28 Jan, 2011 12:00am
Tokyo rubber jumps four percent

Tokyo rubber jumps four percent

Key Tokyo rubber futures rose nearly 4 percent on Thursday as a rally in Shanghai rubber futures encouraged investors to buy back the commodity after the market hit a near two-week low the day before on profit-taking. The benchmark rubber contract on the
Published 28 Jan, 2011 12:00am
Brent hovers near $98, US oil slips

Brent hovers near $98, US oil slips

Brent crude futures seesawed near $98 per barrel on Thursday while US oil prices fell, as tighter North Sea supplies and investor momentum also pushed Brent's premium to a two-year peak. Brent fell back from an intraday high of $98.95 after US jobless cla
Published 28 Jan, 2011 12:00am
Tin at record high, copper rises

Tin at record high, copper rises

Copper rose on Thursday and tin hit a record high on tightening supplies, but copper's gains looked fragile near-term as a holiday approached in top metals consumer China. Tin hit a record high of $29,300 a tonne, propelled by tightening supply in major e
Published 28 Jan, 2011 12:00am
Shanghai copper rises

Shanghai copper rises

Shanghai's most active April copper futures contract rose 1.3 percent to 71,700 yuan a tonne on Thursday. The Shanghai Futures Exchange will provisionally raise trading margins and intraday limits for all contracts around the Lunar New Year holiday, to lo
Published 28 Jan, 2011 12:00am
US copper extends gains

US copper extends gains

Copper added to its session gains in late trade on Wednesday, buoyed after the US Federal Reserve statement left interest rates unchanged and said it would keep its $600 billion bond-buying plan intact. "The economic recovery is continuing, though at a ra
Published 28 Jan, 2011 12:00am
New York cotton up

New York cotton up

US cotton futures settled higher on Thursday on renewed speculative and fund buying boosted in part by a government sales report, but profit-taking knocked the market off its new record highs, analysts said. The cotton market has risen over 22 percent sin
Published 28 Jan, 2011 12:00am
Kapco warns Wapda to pay Rs 48,599 million urgently

Kapco warns Wapda to pay Rs 48,599 million urgently

Kot Adu Power Company Limited (Kapco) has warned the Water and Power Development Authority (Wapda) of serious consequences if the latter fails to meet its contractual obligations and arrange the payment of Rs 48,599 million on urgent basis. The payment wi
Published 28 Jan, 2011 12:00am
Senator Dar urges US to ensure long-term cooperation

Senator Dar urges US to ensure long-term cooperation

Pakistan Muslim League-Nawaz (PML-N) Senator Ishaq Dar has urged that the US should ensure wide-ranging and meaningful assistance to Pakistan to stabilise its economy and create additional opportunities to provide relief to the masses.
Published 28 Jan, 2011 12:00am
Minister visits Punjab Seed Corporation

Minister visits Punjab Seed Corporation

Minister for Agriculture Punjab Malik Ahmad Ali Aulakh visited Punjab Seed Corporation Office here on Thursday and was briefed about the administrative affairs, provision and availability of seeds for wheat and cotton crops. He expressed satisfaction over
Published 28 Jan, 2011 12:00am
Al Qaida leader admits facing pressure from drones

Al Qaida leader admits facing pressure from drones

A purported al Qaida leader in Pakistan says the terror network is losing land and fighters amid a US drone strike campaign. Ustadh Ahmad Farooq's comments were reported late Wednesday by SITE Intelligence Group, which tracks militant propaganda.
Published 28 Jan, 2011 12:00am
Three killed in road accident

Three killed in road accident

Three persons were killed and four others sustained injuries in a road accident near chak no 201/EB on Thursday morning. According to police, the staff of a multinational company was going to Vehari from Lahore by a van (LEB-3820) when it turned turtle. A
Published 28 Jan, 2011 12:00am
Government transfers services of Khawar Butt back to FBR

Government transfers services of Khawar Butt back to FBR

The government has transferred services of Additional Secretary Revenue Division Khawar Khurshid Butt (Grade-21) back to the Federal Board of Revenue (FBR). In this regard, Establishment Division has issued a notification here on Thursday. Through the not
Published 28 Jan, 2011 12:00am
Time has come to divert attention to the East: Qureshi

Time has come to divert attention to the East: Qureshi

Pakistan had been looking towards the West in the past but time had come to divert its attention to the East, said Foreign Minister Shah Mahmood Qureshi as he noted Chinese support was without any condition. He was addressing the 'Joint celebration for th
Published 28 Jan, 2011 12:00am
US delegates briefed on power, energy sectors

US delegates briefed on power, energy sectors

The visiting US delegation led by Senior Economic Advisor of US President David Lipton Thursday visited Finance Ministry and got a briefing on the Power and Energy sectors.
Published 28 Jan, 2011 12:00am
Former AG murder case: Islamabad police in Dubai to nab main accused

Former AG murder case: Islamabad police in Dubai to nab main accused

Islamabad police team has reached Dubai to arrest the main accused involved in murder of former Attorney General Sardar Raza, said Inspector General of Police Islamabad Wajid Ali Durrani here on Thursday Talking to media men here at Police Line Headquarte
Published 28 Jan, 2011 12:00am
Zain Bugti meets MQM Coordination Committee

Zain Bugti meets MQM Coordination Committee

Provincial President of Jamhori Watan Party (JWP) Nawabzada Shah Zain Bugti met with the Co-ordination Committee of Muttahida Quami Movement (MQM) along with a four-member delegation of his party comprising Jahangir Shah, Mehar Jamal Bugti, Farukh Malik a
Published 28 Jan, 2011 12:00am
NICL scam: PML-Q seeks removal of Qureshi as investigation officer

NICL scam: PML-Q seeks removal of Qureshi as investigation officer

Pakistan Muslim League (PML-Q) has alleged that a partial officer Zafar Qureshi was appointed investigation office of the National Insurance Company Limited (NILC) scam and demanded of the government to remove the official forthwith.
Published 28 Jan, 2011 12:00am
Moonis Elahi likely to record statement by next week

Moonis Elahi likely to record statement by next week

Pakistan Muslim League-Q leader Chaudhry Moonis Elahi MPA, who was summoned by Federal Investigation Agency (FIA) in connection with National Insurance Company Limited (NICL) scam, has conveyed to the FIA authorities that he would record his statement in
Published 28 Jan, 2011 12:00am
Militants blow up school in Waziristan

Militants blow up school in Waziristan

A higher secondary school was on Thursday dynamited by Taliban militants in South Waziristan, but no loss to life was reported, political authorities said. The building of the Higher Secondary School Musanaika in Wana was razed to ground with five bombs t
Published 28 Jan, 2011 12:00am
ElBaradei returns to Egypt urges Mubarak to 'retire'

ElBaradei returns to Egypt urges Mubarak to 'retire'

Police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei arrived back in the country to join a major demonstration on Friday to try to oust President Hosni Mubarak. Security forces shot dead a Bedo
Published 28 Jan, 2011 12:00am
US replacing colour-coded terror alerts

US replacing colour-coded terror alerts

The United States is scrapping its collar-coded threat advisories drafted in the wake of 9/11, as a lawmaker criticised Wednesday a system that "taught Americans to be scared." Homeland Security Secretary Janet Napolitano, who ordered a review of the syst
Published 28 Jan, 2011 12:00am
Series of quakes hits southern Iran

Series of quakes hits southern Iran

A series of earthquakes hit southern Iran's Kerman province on Thursday, damaging dozens of houses in the affected villages, state television website said. The strongest, at 6.0-magnitude, hit near the town of Mohammadabad-Rigan at around 12:08 pm (08:38
Published 28 Jan, 2011 12:00am
Protests in Tunisia, foreign minister resigns

Protests in Tunisia, foreign minister resigns

Tunisian Foreign Minister Kamel Morjane has resigned from the interim government, state television said on Thursday, after days of protests demanding the cabinet be purged of members of the former ruling party. Protesters, who earlier stormed police barri
Published 28 Jan, 2011 12:00am
Auctioneers Christie's notch up record year

Auctioneers Christie's notch up record year

Christie's notched up the biggest sales figures in the art auction industry's history last year, the firm announced Thursday, with record global sales of $5 billion. And Chinese collectors continued to increase their prominence in the auction rooms as the
Published 28 Jan, 2011 12:00am
Gates blames Congress for defence budget 'crisis'

Gates blames Congress for defence budget 'crisis'

US Defense Secretary Robert Gates on Thursday said lawmakers unloaded a "crisis on my doorstep" by failing to approve a military budget for the current fiscal year, forcing potential emergency cutbacks. Gates suggested members of Congress were hypocritica
Published 28 Jan, 2011 12:00am
Afghanistan seeks control of army funds, hardware

Afghanistan seeks control of army funds, hardware

Afghanistan said on Thursday it would seek control of billions of dollars of Western money going to the Afghan army and needed helicopters, planes and heavy guns to take charge of security from foreign troops. The demands came in a statement from the offi
Published 28 Jan, 2011 12:00am
Leaders rap food inflation amid Middle East unrest

Leaders rap food inflation amid Middle East unrest

World leaders warned on Thursday that soaring food prices risked stoking unrest and even war but top executives meeting in the Swiss resort of Davos rejected calls for curbs on commodity speculation. Indonesian President Susilo Bambang Yudhoyono said the
Published 28 Jan, 2011 12:00am
Blast at Davos hotel, no injuries

Blast at Davos hotel, no injuries

A small blast shattered two windows but caused no injuries at a hotel used by top business and political leaders attending the World Economic Forum, Swiss police said Thursday. The incident occurred on the day French President Nicolas Sarkozy, British Dep
Published 28 Jan, 2011 12:00am
Australia imposes new tax to fund flood recovery

Australia imposes new tax to fund flood recovery

Australia's minority Labour government imposed a reconstruction tax and cut environmental spending on Thursday to help fund the recovery from this month's devastating floods, and immediately ran into opposition from one of the parties keeping it in power.
Published 28 Jan, 2011 12:00am
'Thunder-snow' storm buries US north-east

'Thunder-snow' storm buries US north-east

New York shut down two airports and most city services Thursday in the wake of a rare thunder-snow storm that paralysed air and ground travel everywhere from Washington to as far north as Boston. After building up early Wednesday with ice and freezing rai
Published 28 Jan, 2011 12:00am
Mosque to be built in US city after appeal denied

Mosque to be built in US city after appeal denied

Opponents of a proposed mosque in a California city collected hundreds of signatures, bombarded city planners with angry letters and e-mails, and even staged protests with bullhorns and dogs. None of it worked. The City Council approved plans early Wednes
Published 28 Jan, 2011 12:00am
American man burns himself to death in India

American man burns himself to death in India

An American man has died after setting himself on fire in an abandoned Buddhist center in north-western India, leaving a cryptic suicide note that blamed his death on "cruel incidents" in his homeland and India, police said Thursday.
Published 28 Jan, 2011 12:00am
Djokovic strips Federer of last Slam title

Djokovic strips Federer of last Slam title

Novak Djokovic sensationally knocked Roger Federer out of the Australian Open semi-finals Thursday, leaving the defending champion without a Grand Slam title for the first time in eight years. The third seed's comprehensive 7-6 (7/3), 7-5, 6-4 victory ove
Published 28 Jan, 2011 12:00am
Li becomes first Asian woman to reach Grand Slam final

Li becomes first Asian woman to reach Grand Slam final

China's Li Na beat world number one Caroline Wozniacki 3-6, 7-5, 6-3 in the Australian Open semis Thursday to become the first Asian woman to reach a Grand Slam final. Li courageously saved a match point before clawing her way back into the encounter, her
Published 28 Jan, 2011 12:00am
Birmingham in League Cup final

Birmingham in League Cup final

Craig Gardner fulfilled a boyhood dream when he struck the winner to send Birmingham City into the League Cup final against Arsenal after coming from behind to beat West Ham United 4-3 on aggregate on Wednesday. With West Ham leading 2-1 after the first l
Published 28 Jan, 2011 12:00am
Chief minister's Boys Football Cup at Gujranwala on January 31

Chief minister's Boys Football Cup at Gujranwala on January 31

Six soccer teams of Gujranwala Division will show their mettle in the IInd Chief Minister's Boys Football Cup being held at Mini Sports Complex, Gujranwala on Monday (January 31). The teams of Colleges of Narowal, Hafizabad, Mandi Bahauddin, Sialkot, Gujr
Published 28 Jan, 2011 12:00am
Pakistan, England to play disabled series

Pakistan, England to play disabled series

Pakistan and England will play a historic disabled cricket series next year with the organisers saying Thursday they hoped the event would help the physically impaired lead independent lives. Officials from the Pakistan Disabled Cricket Association (PDCA)
Published 28 Jan, 2011 12:00am
Real, Barca on track for Cup final clash

Real, Barca on track for Cup final clash

Real Madrid and Barcelona are heading for a King's Cup showdown after the great rivals won their semi-final first legs on Wednesday. Real won a controversial game 1-0 at holders Sevilla thanks to a goal from Karim Benzema while Lionel Messi struck twice a
Published 28 Jan, 2011 12:00am
Liverpool beat Fulham 1-0

Liverpool beat Fulham 1-0

Liverpool clinched a gritty 1-0 victory over Fulham on Wednesday to hand Kenny Dalglish his first home win since returning to Anfield forr his second spell as manager It took a scrappy 52nd minute own goal from John Pantsil, who sliced the ball into his o
Published 28 Jan, 2011 12:00am
Kolkata venue axed for World Cup opener

Kolkata venue axed for World Cup opener

Cricket-loving India suffered a sporting humiliation on Thursday when its most famous ground, Eden Gardens in Kolkata, was declared unfit to host its first fixture of next month's World Cup. The International Cricket Council (ICC) said another stadium wou
Published 28 Jan, 2011 12:00am
Price mechanism: PSM responds to PSRMA's concerns

Price mechanism: PSM responds to PSRMA's concerns

Pakistan Steel has said that it would like to clarify that the prices of our Billets (Cast/Rolled Both) are revised keeping in mind various production factors, among those conversion cost is the basic element which is given special emphasis during price r
Published 28 Jan, 2011 12:00am
Crude oil prices: rise to have adverse effect on domestic GRMs: analysts

Crude oil prices: rise to have adverse effect on domestic GRMs: analysts

The recent rise in the international crude oil prices in January, 2011 is expected to have adverse affect on domestic Gross Refinery Margins (GRMs), analysts said. With petroleum product prices for January 2011 are already fixed by Ogra, industry GRMs dur
Published 28 Jan, 2011 12:00am
Qubee investment to reach $150 million by end of 2011

Qubee investment to reach $150 million by end of 2011

Qubee plans to expand its advanced internet technology to millions of customers in various cities in Pakistan by the end of the year with the investment of US $150 million, said Chief Marketing Officer (CMO) of Augere Holdings, Alistair Johnston, on Thurs
Published 28 Jan, 2011 12:00am
Bancassurance distribution: Samba Bank signs accord with NJI

Bancassurance distribution: Samba Bank signs accord with NJI

Samba Bank Limited (SBL) has partnered with New Jubilee Insurance Company Limited (NJI) in Bancassurance distribution. The agreement was signed by Tawfiq A. Husain, President and CEO, Samba Bank Limited, and Tahir Ahmed, Managing Director, New Jubilee Ins
Published 28 Jan, 2011 12:00am
Condolence

Condolence

Chief Minister Punjab Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the sad demise of the mother of former Chief Justice Lahore High Court (LHC), Justice Kh. Muhammad Sharif. In a condolence message, the Chief Minister prayed t
Published 28 Jan, 2011 12:00am
Euribors down across the curve; implied yields up

Euribors down across the curve; implied yields up

Eurozone interest rate futures fell on Thursday as traders raised bets of higher borrowing costs in the single currency bloc by year-end after hawkish comments by European Central Bank policymakers. Euro-priced interbank rates extended their two-week clim
Published 28 Jan, 2011 12:00am
Peso, won rise

Peso, won rise

The Philippine peso and the Indian rupee rose on Thursday, as dealers bought back the currencies near recent lows on speculation the worst of an inflation-driven sell-off in the assets of those countries was nearly over. Uncertainty remained, though, abou
Published 28 Jan, 2011 12:00am
Indian rupee up

Indian rupee up

The Indian rupee ended marginally stronger, but off the day's high amid choppy trade, as a sharp rise in the euro against majors in late trade outweighed weak local shares and strong demand for dollars from oil importers. The partially convertible rupee e
Published 28 Jan, 2011 12:00am
Australian dollar falls

Australian dollar falls

The Australian dollar was robbed of early gains on Thursday after news of a new tax to pay for flood damage was seen further lessening the need for higher interest rates in coming months. The New Zealand dollar fared better after the Reserve Bank of New Z
Published 28 Jan, 2011 12:00am
Swiss franc ticks down

Swiss franc ticks down

The Swiss franc traded slightly lower versus the euro and the dollar on Thursday after the US Federal Reserve said it would continue to support the economic recovery, thus encouraging investors to opt for riskier assets. The Swiss franc, considered as a s
Published 28 Jan, 2011 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 71.14/71.15 (previous 71.15/71.15). Call Money Rates: 4.50-6.00 percent (previous 4.00-6.25 percent).
Published 28 Jan, 2011 12:00am
Dollar slips in New York

Dollar slips in New York

The dollar slipped on Wednesday, with weakness expected to continue the rest of the week after the Federal Reserve kept interest rates low and gave a tepid assessment of the US economy that ensured its Treasury bond-buying program remains in place until J
Published 28 Jan, 2011 12:00am
Early trade in New York: yen slides on S&P downgrade

Early trade in New York: yen slides on S&P downgrade

The yen slid against both the dollar and the euro on Thursday after Standard & Poor's cut Japan's long-term debt rating, a move that raised questions about the risks of downgrades for other developed economies. Although Japan's fiscal troubles are well kn
Published 28 Jan, 2011 12:00am
Euro hits two-month high in London

Euro hits two-month high in London

The euro hit a two-month high against the dollar on Thursday after a eurozone policymaker expressed concern about inflationary pressures, further highlighting a policy divergence with the United States. The single currency also hit a two-month high agains
Published 28 Jan, 2011 12:00am
Euro clings near two-month high in Asia

Euro clings near two-month high in Asia

The euro clung near a two-month high on Thursday after the Federal Reserve showed it was in no rush to scale back its easy policy, leaving the European Central Bank's stance looking comparatively hawkish. The contrast between the Fed's emphasis on efforts
Published 28 Jan, 2011 12:00am
Sterling climbs

Sterling climbs

Sterling rose against the dollar on Thursday, drawing support from expectations the Bank of England could raise interest rates by mid-year and underpinned by a broad dollar weakness. The pound also jumped against the yen, which was sold-off after ratings
Published 28 Jan, 2011 12:00am
Yuan ends flat

Yuan ends flat

China's yuan closed almost unchanged against the dollar on Thursday as activity started to thin ahead of the week-long Lunar New Year holiday which begins next Wednesday. The People's Bank of China set the mid-point at a record high for the third straight
Published 28 Jan, 2011 12:00am
Vodafone pulls FTSE lower

Vodafone pulls FTSE lower

Britain's FTSE 100 share index closed slightly lower on Thursday, aftern a dip in index heavyweight Vodafone, dented by weak results from AT&T, offset a surge in insurers following positive broker comment. The FTSE 100 closed down 4.13 points, or 0.1 perc
Published 28 Jan, 2011 12:00am
Middle East markets: Egypt index stays at historic low

Middle East markets: Egypt index stays at historic low

Egypt's main index suffered the second-biggest one-day fall in its history on Thursday, as anti-government protests shook the confidence in one of the region's best-performing economies. The EGX30 index tumbled 10.5 percent, its biggest drop since October
Published 28 Jan, 2011 12:00am
European shares edge higher

European shares edge higher

European shares edged up on Thursday, with US earnings season helping to boost confidence among investors, and Spain's Banco Santander rising ahead of its results next week. The FTSEurofirst 300 index of top shares rose 0.2 percent to a provisional close
Published 28 Jan, 2011 12:00am
Seoul shares up

Seoul shares up

Seoul shares ended up 0.2 percent on Thursday, mere points shy of an earlier record closing high, buoyed by solid foreign buying and robust gains in crude refiners including S-Oil. The Korea Composite Stock Price Index ended up 0.22 percent at 2,115.01 po
Published 28 Jan, 2011 12:00am
Nikkei regains ground

Nikkei regains ground

Japan's Nikkei average gained 0.7 percent on Thursday, recouping the previous day's losses as upbeat US earnings brightened sentiment ahead of Japanese corporate results. Stronger-than expected US new-home sales and President Barack Obama's call for lower
Published 28 Jan, 2011 12:00am
Southeast Asian stocks mostly up

Southeast Asian stocks mostly up

Southeast Asian stock markets mostly gained on Thursday as foreign investors again put money into the region although volume on the whole was low. Commodity and energy shares were in particular demand. Indonesia ended 0.4 percent higher, below the 1.4 per
Published 28 Jan, 2011 12:00am
Treasuries decline

Treasuries decline

US Treasuries prices sagged on Wednesday after the Federal Reserve gave a lukewarm grade to the economy, a view that some traders see as overly pessimistic. The Fed's latest assessment came in the wake of a government report that showed new-home sales ris
Published 28 Jan, 2011 12:00am
Treasuries decline

Treasuries decline

US Treasuries prices sagged on Wednesday after the Federal Reserve gave a lukewarm grade to the economy, a view that some traders see as overly pessimistic. The Fed's latest assessment came in the wake of a government report that showed new-home sales ris
Published 28 Jan, 2011 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks closed up 0.52 percent on Thursday, as investors picked up semiconductor shares ahead of TSMC's earnings results. Fund managers said funds were turning to semiconductors because these stocks started from a low base and are less risky. "Inves
Published 28 Jan, 2011 12:00am
S&P at 29-month high

S&P at 29-month high

The S&P 500 closed at a 29-month high on Wednesday led by gains in tech and commodity shares, as investors largely ignored the US Federal Reserve's lukewarm economic assessment. The stock market had little reaction to the Fed, which said high unemployment
Published 28 Jan, 2011 12:00am
Thursday's early afternoon trade: Wall Street holds near highs

Thursday's early afternoon trade: Wall Street holds near highs

US stock indexes held near 29-month highs on Thursday as buyers took their cues from companies reporting strong numbers, like Netflix, but the short-term technical picture suggested big gains are going to be hard to achieve.
Published 28 Jan, 2011 12:00am
Shanghai shares rise; Hong Kong fall

Shanghai shares rise; Hong Kong fall

Chinese shares rose for a second day on Thursday as Shanghai's main stock index bounced off of a key chart support and gains in commodity-related and telecom counters offset weakness in property. Property shares underperformed after China announced fresh
Published 28 Jan, 2011 12:00am
Indian shares fall

Indian shares fall

Indian shares fell 1.5 percent on Thursday to their lowest close in four-and-a-half months as rising borrowing costs dampened the outlook for companies, while improved prospects elsewhere lured foreign funds away. Financials led the decline weighed down b
Published 28 Jan, 2011 12:00am
Nokia sees weak first quarter, flags strategy change

Nokia sees weak first quarter, flags strategy change

The world's biggest cellphone maker Nokia warned of a grim start to 2011 after rivals ate even more of its market share, highlighting the scale of the turnaround task facing its new boss. Stephen Elop, who took over as chief executive last September, will
Published 28 Jan, 2011 12:00am
Nokia sees weak first quarter, flags strategy change

Nokia sees weak first quarter, flags strategy change

The world's biggest cellphone maker Nokia warned of a grim start to 2011 after rivals ate even more of its market share, highlighting the scale of the turnaround task facing its new boss. Stephen Elop, who took over as chief executive last September, will
Published 28 Jan, 2011 12:00am
P&G, Colgate hurt by sluggish developed markets

P&G, Colgate hurt by sluggish developed markets

Procter & Gamble Co and smaller rival Colgate-Palmolive Co posted lower quarterly net income, hurt by sluggish sales in developed markets like the United States and Western Europe. Household products makers have used promotional pricing and coupons to woo
Published 28 Jan, 2011 12:00am
AT&T outlook, subscribers disappoint; shares fall

AT&T outlook, subscribers disappoint; shares fall

AT&T Inc set a disappointing profit target after adding fewer wireless subscribers than expected in the fourth quarter, hinting at the troubles it may face once Verizon Wireless starts selling Apple Inc's iPhone. The operator's shares fell almost 3 percen
Published 28 Jan, 2011 12:00am
AT&T outlook, subscribers disappoint; shares fall

AT&T outlook, subscribers disappoint; shares fall

AT&T Inc set a disappointing profit target after adding fewer wireless subscribers than expected in the fourth quarter, hinting at the troubles it may face once Verizon Wireless starts selling Apple Inc's iPhone. The operator's shares fell almost 3 percen
Published 28 Jan, 2011 12:00am
Mixed US data points to steady growth momentum

Mixed US data points to steady growth momentum

US housing and manufacturing data showed the economic recovery gaining strength fitfully in December, a day after the Federal Reserve said it was sticking to its huge stimulus plan. The National Association of Realtors' Pending Home Sales Index, based on
Published 28 Jan, 2011 12:00am
Investment banks escape UK action on fees

Investment banks escape UK action on fees

Investment banks escaped action to force down the fees they charge on Thursday when Britain's Office of Fair Trading left it up to fund-raising companies and their shareholders to kickstart competition. The Office of Fair Trading said that while the equit
Published 28 Jan, 2011 12:00am
Spain, unions strike deal to raise pension age to 67

Spain, unions strike deal to raise pension age to 67

Spain's government said Thursday it had struck an outline deal with unions to raise the pension age from 65 to 67, a hard-fought reform at the heart of its battle to repair public finances and soothe rattled markets. Prime Minister Jose Luis Rodriguez Zap
Published 28 Jan, 2011 12:00am
Rosneft, Exxon ink Black Sea exploration deal

Rosneft, Exxon ink Black Sea exploration deal

Russian energy giant Rosneft and US group Exxon Mobil struck a $1 billion deal Thursday to hunt for oil under the Black Sea, and promised more joint ventures to come. Rosneft president Eduard Yurevitch Khudaynatov said he hopes to find a billion tonnes of
Published 28 Jan, 2011 12:00am
ECB warns of imported inflation

ECB warns of imported inflation

Two top European Central Bank policymakers warned of a rising tide of imported inflation on Thursday, pushing up the euro and Bund yields on the view that the ECB could start taking corrective action. Some ECB policymakers have sounded increasingly aggres
Published 28 Jan, 2011 12:00am
Yoghurt lands Nobel winner Yunus in Dhaka court again

Yoghurt lands Nobel winner Yunus in Dhaka court again

Nobel Peace Prize winner Muhammad Yunus appeared in court on Thursday in the latest legal trouble for the pioneer of microfinance loans - this time over claims of contaminated yoghurt. Yunus, who won the Nobel for his work making small loans to poor entre
Published 28 Jan, 2011 12:00am
China to step up controversial technology plans

China to step up controversial technology plans

China plans to step up efforts to develop clean energy and other technology industries this year, government officials said Thursday, a strategy that has strained trade ties with Washington and other governments. Beijing also will create an "enabling envi
Published 28 Jan, 2011 12:00am
Sarkozy says he, Merkel will never abandon euro

Sarkozy says he, Merkel will never abandon euro

French President Nicolas Sarkozy passionately defended the euro against sceptics at the World Economic Forum on Thursday, saying he and German Chancellor Angela Merkel would never let the currency fail. Sarkozy spoke as financial executives attending the
Published 28 Jan, 2011 12:00am
IMF warns rich countries to spell out deficit plans

IMF warns rich countries to spell out deficit plans

Deeply indebted advanced economies urgently need to establish deficit-cutting plans before markets turn on them, the IMF warned on Thursday, singling out Japan and the United States among the laggards. In an updated analysis on global debt and deficits, t
Published 28 Jan, 2011 12:00am
Split US crisis panel blames Greenspan, Wall Street

Split US crisis panel blames Greenspan, Wall Street

A deeply divided US investigative panel issued a scathing critique of the culture of deregulation championed by Former Federal Reserve Chairman Alan Greenspan, saying the government had ample power to avert the financial crisis of 2007-2009 and chose not
Published 28 Jan, 2011 12:00am
US defence companies' profits beat Street view

US defence companies' profits beat Street view

Lockheed Martin, L-3 Communications and Raytheon Co beat Wall Street earnings expectations, aided by cost-cutting and higher sales, boosting shares of US defence contractors. Industry leader Lockheed Martin forecast 2011 profit above analysts' estimates,
Published 28 Jan, 2011 12:00am
S&P cuts Japan sovereign rating; warning to rich

S&P cuts Japan sovereign rating; warning to rich

Standard & Poor's cut Japan's credit rating on Thursday for the first time since 2002, saying Tokyo had no plan to deal with its mounting debt, a warning that could rattle other heavily indebted rich countries. The agency cut Japan's long-term sovereign d
Published 28 Jan, 2011 12:00am
Cotton futures pirces cruise at majestic levels

Cotton futures pirces cruise at majestic levels

Cotton futures prices in New York (ICE) rose fantastically this week by about ten to eleven cents a pound (as at 6:00 pm Pakistan Standard Time) and were loitering around 172,80 per pound for the key March, 2011 contract.
Published 28 Jan, 2011 12:00am
Cotton futures pirces cruise at majestic levels

Cotton futures pirces cruise at majestic levels

Cotton futures prices in New York (ICE) rose fantastically this week by about ten to eleven cents a pound (as at 6:00 pm Pakistan Standard Time) and were loitering around 172,80 per pound for the key March, 2011 contract.
Published 28 Jan, 2011 12:00am
Ginners start buying phutti; lint prices, spot rate almost stay put

Ginners start buying phutti; lint prices, spot rate almost stay put

Trading activity improved on the cotton market on Thursday as ginners called off strike when authorities assured that Withholding Tax (WHT) on farm products has been deferred till March 31, 2011, dealers said. The Karachi Cotton Association (KCA) spot rat
Published 28 Jan, 2011 12:00am
Grams prices turn higher on grain market

Grams prices turn higher on grain market

Grams prices were higher on the wholesales gain and seed market on Thursday due to strong demand, dealers said. Grams Australia was up by Rs 50 to Rs 5350-5550, grams Dal Australia followed the suit and picked up Rs 100 to Rs 6400-6600.
Published 28 Jan, 2011 12:00am
Uganda sees cocoa exports up on more acreage

Uganda sees cocoa exports up on more acreage

Uganda expects its cocoa exports in the 2010/2011 (October-September) season to rise 6.6 percent compared with the last season, as newly planted trees start producing beans, a senior government official told Reuters on Thursday. Cocoa is one of its major
Published 28 Jan, 2011 12:00am
HRW wheat bids steady

HRW wheat bids steady

Hard red winter wheat cash bids in the US Plains were holding steady on Thursday amid good export demand and light farmer selling as futures prices continued to surge. Demand from export elevators helped pushed protein premiums for rail car wheat to and t
Published 28 Jan, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 103,026 tonnes of cargo including 71,539 tonnes of import cargo, 31,487 tonnes of export cargo, 4,110 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 71,539 tonnes compri
Published 28 Jan, 2011 12:00am
The Citizens-Police Liaison Committee

The Citizens-Police Liaison Committee

The Citizens-Police Liaison Committee commonly known as CPLC, a brainchild of the then Governor Sindh, Justice (Retd) Fakhruddin G. Ibrahim is a non-political statutory institution, operationally independent and managed by dedicated and concerned citizens
Published 28 Jan, 2011 12:00am
3M Window Safety Films

3M Window Safety Films

Taking this opportunity I would first like to introduce 3M. 3M stands for Minnesota Mining & Manufacturing, which began transforming technology more than 100 years ago and is one of the fortune's most admired company. 3M is fundamentally a science-based c
Published 28 Jan, 2011 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 28 Jan, 2011 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 28 Jan, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 28 Jan, 2011 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 28 Jan, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
Thousands of Yemenis call on president to quit

Thousands of Yemenis call on president to quit

Thousands of Yemenis, apparently inspired by events in Tunisia and Egypt, staged a mass demonstration on Thursday calling on President Ali Abdullah Saleh to quit after being in power since 1978. "Enough being in power for (over) 30 years," chanted protest
Published 28 Jan, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
Thousands of Yemenis call on president to quit

Thousands of Yemenis call on president to quit

Thousands of Yemenis, apparently inspired by events in Tunisia and Egypt, staged a mass demonstration on Thursday calling on President Ali Abdullah Saleh to quit after being in power since 1978. "Enough being in power for (over) 30 years," chanted protest
Published 28 Jan, 2011 12:00am
IMF next tranche: Prime Minister seeks US influence

IMF next tranche: Prime Minister seeks US influence

Prime Minister Yusuf Raza Gilani on Thursday sought US influence for the disbursement of the next tranche of International Monetary Fund (IMF) in March 2011 so that the government could prepare budget for next fiscal year.
Published 28 Jan, 2011 12:00am
IMF next tranche: Prime Minister seeks US influence

IMF next tranche: Prime Minister seeks US influence

Prime Minister Yusuf Raza Gilani on Thursday sought US influence for the disbursement of the next tranche of International Monetary Fund (IMF) in March 2011 so that the government could prepare budget for next fiscal year.
Published 28 Jan, 2011 12:00am
IMF next tranche: Prime Minister seeks US influence

IMF next tranche: Prime Minister seeks US influence

Prime Minister Yusuf Raza Gilani on Thursday sought US influence for the disbursement of the next tranche of International Monetary Fund (IMF) in March 2011 so that the government could prepare budget for next fiscal year.
Published 28 Jan, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 26, 2011).
Published 28 Jan, 2011 12:00am
DAP price up by Rs 100 per bag

DAP price up by Rs 100 per bag

The price of Dai Ammonium Phosphate (DAP), an essential crops nutrient, has increased by Rs 100 per 50-kg bag across the country due to rising prices in international market. Market sources said on Thursday that price of DAP like other commodities was on
Published 28 Jan, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
DAP price up by Rs 100 per bag

DAP price up by Rs 100 per bag

The price of Dai Ammonium Phosphate (DAP), an essential crops nutrient, has increased by Rs 100 per 50-kg bag across the country due to rising prices in international market. Market sources said on Thursday that price of DAP like other commodities was on
Published 28 Jan, 2011 12:00am
DAP price up by Rs 100 per bag

DAP price up by Rs 100 per bag

The price of Dai Ammonium Phosphate (DAP), an essential crops nutrient, has increased by Rs 100 per 50-kg bag across the country due to rising prices in international market. Market sources said on Thursday that price of DAP like other commodities was on
Published 28 Jan, 2011 12:00am
MoP asked to reinitiate LNG import process

MoP asked to reinitiate LNG import process

Economic Co-ordination Committee (ECC) of the cabinet has directed the Petroleum Ministry to immediately re-initiate the process to import Liquefied Natural Gas (LNG) in a transparent mode, after scrapping the contract with 4Gas.
Published 28 Jan, 2011 12:00am
MoP asked to reinitiate LNG import process

MoP asked to reinitiate LNG import process

Economic Co-ordination Committee (ECC) of the cabinet has directed the Petroleum Ministry to immediately re-initiate the process to import Liquefied Natural Gas (LNG) in a transparent mode, after scrapping the contract with 4Gas.
Published 28 Jan, 2011 12:00am
MoP asked to reinitiate LNG import process

MoP asked to reinitiate LNG import process

Economic Co-ordination Committee (ECC) of the cabinet has directed the Petroleum Ministry to immediately re-initiate the process to import Liquefied Natural Gas (LNG) in a transparent mode, after scrapping the contract with 4Gas.
Published 28 Jan, 2011 12:00am
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