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Archive - 2011-02-05
Tensions on Thai-Cambodia border
Asia

Tensions on Thai-Cambodia border

PHNOM PENH: Thai and Cambodian forces have engaged in a second day of clashes near an ancient temple on their disputed
Published 05 Feb, 2011 12:17pm
Malaysian firm keen to invest in Sindh
Top News

Malaysian firm keen to invest in Sindh

KARACHI: Delegation of International Investment Consortium (IIC) Malaysia called on Sindh Chief Minister Syed Qaim Ali S
Published 05 Feb, 2011 11:58am
Canada plot repeat of famous win
Sports

Canada plot repeat of famous win

TORONTO : Canada launches their World Cup campaign desperate to snap a long losing streak at cricket's show-piece even
Published 05 Feb, 2011 09:51am
India goes after 'black money' hoarders
Top News

India goes after 'black money' hoarders

NEW DELHI: India's government, under opposition pressure over billions of dollars of untaxed money held overseas by rich
Published 05 Feb, 2011 08:56am
Canada plot repeat of famous win
Sports

Canada plot repeat of famous win

TORONTO: Canada launch their World Cup campaign desperate to snap a long losing streak at cricket's showpiece event sinc
Published 05 Feb, 2011 06:19am
Ten more dead in Philippine floods
Asia

Ten more dead in Philippine floods

MANILA: Ten more people have been killed in floods and landslides after nearly a week of heavy rains in the southern Phi
Published 05 Feb, 2011 05:53am
Moderate quake shakes Tokyo
Asia

Moderate quake shakes Tokyo

TOKYO: A 5.3 magnitude quake shook Tokyo and other eastern Japanese cities on Saturday, the US Geological Survey (USGS)
Published 05 Feb, 2011 05:19am
Some 25,000 refugees flee Pakistan tribal zone: UN

Some 25,000 refugees flee Pakistan tribal zone: UN

Some 25,000 people have fled in just a week from the tribal zones of north-west Pakistan, a Taliban stronghold, following a military campaign launched against the militants, a UN official said Friday. Should the fighting intensify against the insurgents i
Published 05 Feb, 2011 12:00am
Sindh to miss wheat target by 25 percent: SCA

Sindh to miss wheat target by 25 percent: SCA

Wheat crop in Sindh is anticipated to fall short by 25 percent against this year's harvest target, as the province obtained less than its share of water for Rabi crops. A meeting of Sindh Chamber of Agriculture (SCA) here on Friday taking note of the matt
Published 05 Feb, 2011 12:00am
'Reconciliation key to political problems'

'Reconciliation key to political problems'

Prime Minister Syed Yousuf Raza Gilani on Friday said political reconciliation and understanding of each others' point of view was the solution to Pakistan's political, economic and security problems. Talking to Governor Punjab, Sardar Latif Khosa here at
Published 05 Feb, 2011 12:00am
Clinton meets Shahbaz Bhatti

Clinton meets Shahbaz Bhatti

US Secretary of State Hillary Clinton met Minister for Minority Affairs Shahbaz Bhatti in a show of support for religious freedom as tensions mount in the country, he said Friday. The minister, who has faced a wave of threats, said he spoke with Clinton o
Published 05 Feb, 2011 12:00am
'Punjab governor to inaugurate mega projects'

'Punjab governor to inaugurate mega projects'

Federal Minister for Women Development, Dr Firdous Ashiq Awan has said that Governor Punjab, Sardar Latif Khan Khosa will inaugurate mega projects during his visit to Sialkot on Saturday (today) and in this regard, all necessary arrangements have been fin
Published 05 Feb, 2011 12:00am
HN&MP arrests 12 criminals

HN&MP arrests 12 criminals

National Highways and Motorway Police (HN&MP) N-5 Central during last few days has arrested 12 criminals involved in different criminal activities and recovered weapons, liquor, mobiles, cash, as well as a snatched truck of seeds worth hundred of thousand
Published 05 Feb, 2011 12:00am
Speakers for ensuring global economic sustainability

Speakers for ensuring global economic sustainability

A international conference was held in St. Thomas, Virgin Islands, USA in January 2011, attended by scholars from several countries and four continents of the world including Australia, Asia, Europe and North America. At the conference, contemporary issue
Published 05 Feb, 2011 12:00am
Cutting down business visa period: Saarc Chamber rejects Indian proposal

Cutting down business visa period: Saarc Chamber rejects Indian proposal

Saarc Chamber of Commerce and Industry has unanimously approved a resolution demanding rejection of Indian proposal of cutting down business visa period from one year to three months and demanded of the member countries to adopt a liberal visa regime fram
Published 05 Feb, 2011 12:00am
President, Prime Minister reiterate support to Kashmiris

President, Prime Minister reiterate support to Kashmiris

Prime Minister Syed Yousuf Raza Gilani has reiterated the pledge of Pakistani nation to continue to extend full moral, political and diplomatic support to Kashmiri brethren in their just struggle for realising their inalienable rights and legitimate aspir
Published 05 Feb, 2011 12:00am
Ministry submits five-year fleet development plan to PC

Ministry submits five-year fleet development plan to PC

The Ministry of Ports and Shipping has submitted a five-year fleet development plan to the Planning Commission for procurement approval of 14 ships with USAID assistance amounting to $565 million (equivalent to Rs 50.8 billion) for uninterrupted supplies
Published 05 Feb, 2011 12:00am
Country has sufficient stock of urea, Senate informed

Country has sufficient stock of urea, Senate informed

State Minister for Industries and Production Dr Ayat Ullah Durrani informed the Senate that the country had sufficient urea stock against total demand of about 6.4 million tons. Responding to a call attention notice by Jamaat-e-Islami Senator Professor Kh
Published 05 Feb, 2011 12:00am
IGP asks police to ensure foolproof security in capital

IGP asks police to ensure foolproof security in capital

On the directives of newly appointed Inspector General of Police (IGP) Islamabad, the Rescue 15 has been reinforced with additional patrolling cars and motorcycles to enhance the vigilance. Wajid Ali Durrani, Inspector General of Police (IGP) Islamabad ha
Published 05 Feb, 2011 12:00am
JI submits bill to amend Disabled Persons Ordinance 1981 in Senate

JI submits bill to amend Disabled Persons Ordinance 1981 in Senate

Jamaat-e-Islami (JI) on Friday submitted a bill in Senate Secretariat to amend Disabled Persons (Employment and Rehabilitation) Ordinance XL of 1981, seeking two percent job quota for the disabled persons in the federal, provincial and districts departmen
Published 05 Feb, 2011 12:00am
Sindh chief minister presides over SBI meeting

Sindh chief minister presides over SBI meeting

Sindh Chief Minister Syed Qaim Ali Shah, presided over the third meeting of Sindh Board of Investment (SBI) at CM House here, said an official statement on Friday. Speaking on the occasion, the Chief Minister stressed the need to project the incentives an
Published 05 Feb, 2011 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The National Assembly session was prorogued sine die without doing any significant legislation and its only achievement, if pleasing, was a call for ruthless accountability across the board to eliminate the widespread cancer of corruption to save the coun
Published 05 Feb, 2011 12:00am
Quetta receives 20mm rain

Quetta receives 20mm rain

The metropolis of Balochistan received about 20 milimeters rain on Thursday and Friday. The rain started lashing Quetta City and outskirts after a rain system entered from Iranian side into Balochistan. Due to its sloppy floor, the city accumulates less r
Published 05 Feb, 2011 12:00am
LCCI announces 'Amnesty Scheme 2011'

LCCI announces 'Amnesty Scheme 2011'

The management of LCCI on Friday announced 'Amnesty Scheme 2011' for its corporate and associate class members that had discontinued their membership after year 2005. According to LCCI spokesman, all businessmen/ business houses that were members of LCCI
Published 05 Feb, 2011 12:00am
MCCI welcomes government decision to approve STPF

MCCI welcomes government decision to approve STPF

President Multan Chamber of Commerce & Industry (MCCI), Shahid Naseem Khokhar has hailed the decision of Prime Minister, Syed Yousuf Raza Gilani to introduce an amended Strategic Trade Policy Framework (STPF) under which rupees35 billion would be given to
Published 05 Feb, 2011 12:00am
PIAF for observing 2011 as 'power generation year'

PIAF for observing 2011 as 'power generation year'

Pakistan Industrial and Trade Associations Front (PIAF) has urged the government to declare year 2011 as 'year of power generation' and initiate work on mega water projects. PIAF Chairman, Sohail Lashari, in a statement on Friday, said the federal commerc
Published 05 Feb, 2011 12:00am
Jimmy Engineer feels proud to serve motherland

Jimmy Engineer feels proud to serve motherland

Prominent Pakistani artist of international repute, well-known social crusader and peace activist Jimmy Engineer said here on Friday he is proud of serving the motherland as well as suffering humanity in general and the special children in particular.
Published 05 Feb, 2011 12:00am
LSE members elect directors

LSE members elect directors

The Lahore Stock Exchange members on Friday elected five members directors for the year 2011. All the five members elected as directors belong to Penal A, which include Mirza Ejaz Baig who bagged highest votes (71), followed by Jahanzeb Mirza who got 70 v
Published 05 Feb, 2011 12:00am
Power shortfall drops

Power shortfall drops

Power shortfall fell significantly against corresponding period due to improved electricity generation through Independent Power Producers (IPPs) and timely ending of the canal desilting campaign in the country. Pakistan Electric Power Company (Pepco) sou
Published 05 Feb, 2011 12:00am
Khayyam Sarhadi laid to rest

Khayyam Sarhadi laid to rest

Renowned film, TV and stage artist Khayyam Sarhadi, who passed away on Thursday evening after cardiac arrest, was laid to rest at Defence graveyard on Friday. Several artistes from film, TV and stage and a large number of people from different walks of li
Published 05 Feb, 2011 12:00am
Nawaz condoles death

Nawaz condoles death

Pakistan Muslim League-Nawaz chief Nawaz Sharif has expressed deep sense of sorrow and grief over the sad demise of Khayam Sarhadi, a renowned artist. In a condolence message, the PML-N leader said that the late Khayam Sarhadi was country's asset. His dea
Published 05 Feb, 2011 12:00am
UHS introduces Advanced Life Support as compulsory course

UHS introduces Advanced Life Support as compulsory course

In order to train medical students in quickly responding to emergencies and saving the life of the patient, the University of Health Sciences (UHS) has introduced, for the first time in Punjab, Basic and Advanced Life Support as compulsory courses in fina
Published 05 Feb, 2011 12:00am
SNGPL suspends gas supply to 380 CNG stations in Faisalabad

SNGPL suspends gas supply to 380 CNG stations in Faisalabad

The Sui Northern Gas Pipelines (SNGPL) suspended gas supply to 380 CNG stations here on Friday morning for two days, while thousands of power looms and textile ancillaries remained closed due to prevailing liquidity crunch and precious machinery becoming
Published 05 Feb, 2011 12:00am
Uzma Aijaz Haroon visits PIA's Baby Day Care Centre

Uzma Aijaz Haroon visits PIA's Baby Day Care Centre

PIA's Baby Day Care Centre, inaugurated by Uzma Aijaz Haroon, wife of Managing Director PIA, Captain Muhammad Aijaz Haroon was recently visited by her. She also visited Al-Shifa Trust, Special School & Centre for Rehabilitation for special children. Durin
Published 05 Feb, 2011 12:00am
Prime Minister urges MPs to focus on projects for common man

Prime Minister urges MPs to focus on projects for common man

Prime Minister Syed Yousuf Raza Gilani on Friday said parliamentary democracy is basically focused on issues concerning the common man and the parliamentarians are their elected representatives. The Prime Minister expressed these views while talking to a
Published 05 Feb, 2011 12:00am
Justice Javed takes oath as acting CJP

Justice Javed takes oath as acting CJP

Justice Javed Iqbal on Friday took oath as acting chief justice of Pakistan in absence of Chief Justice Iftikhar Muhammad Chaudhry who left for India to participate in a conference. Justice Mian Shakirullah Jan administered oath to Justice Javed Iqbal, as
Published 05 Feb, 2011 12:00am
GBLA approves Pure Food Act-2011

GBLA approves Pure Food Act-2011

Gilgit-Baltistan Legislative Assembly (GBLA), on Friday, unanimously approved, 'The Gilgit-Baltistan Pure Food Act-2011,' during the fifth day's proceedings of the 10th regular session. The house business began with recitation of the Holy verses of Quran
Published 05 Feb, 2011 12:00am
Pakistan desires to boost ties with Nepal: Zardari

Pakistan desires to boost ties with Nepal: Zardari

President Asif Ali Zardari has said Pakistan is desirous of strengthening the already existing bilateral relations with Nepal and through continued co-operation the two countries can work together for the mutual benefit of their people.
Published 05 Feb, 2011 12:00am
Khyber Pakhtunkhwa to computerise arms licenses

Khyber Pakhtunkhwa to computerise arms licenses

Khyber Pakhtunkhwa (KP) Minister for Law and Parliamentary Affairs, Arshad Abdullah has said that the provincial government will computerise arms licenses in the province. This he was stated in response to a question of the Noor Sahar of PPP regarding arm
Published 05 Feb, 2011 12:00am
Government urged to strive for revival of economic activities

Government urged to strive for revival of economic activities

President India-Pakistan Chamber of Commerce and Industry S M Munir has urged upon the government to make efforts for improving law and order situation in order to revive econommic activities in the country He was speaking at a reception hosted by busines
Published 05 Feb, 2011 12:00am
Four persons killed in different incidents

Four persons killed in different incidents

At least four persons were killed in separate incidents at different parts of metropolis on Friday. According to police, Raja Tahir, 30, son of Abdul Majeed was targeted by unknown assailants when he was sitting with his friend near Marhaba Medical Store,
Published 05 Feb, 2011 12:00am
New Horizon signs agreement with RMI

New Horizon signs agreement with RMI

New Horizon signed an agreement with Rehman Medical Institute (RMI) for deploying its state of the art Converged Networking Solution. This solution comprises of Networking and IP Telephony Solution. The institute is expanding its capacity for health care
Published 05 Feb, 2011 12:00am
British author Karen delivers lecture at LUMS

British author Karen delivers lecture at LUMS

LUMS hosted a lecture by the renowned British Author, Karen Armstrong. The lecture was held on Friday and was hosted by The Department of Humanities and Social Sciences at LUMS. Karen Armstrong is one of the world's leading commentators on religious affai
Published 05 Feb, 2011 12:00am
6,000 USC outlets to achieve Rs 70 billion sales target

6,000 USC outlets to achieve Rs 70 billion sales target

A Zonal Manager Conference and an Executive Board Meeting was at USC Head Office on 28th and 29th of January, 2011 in Islamabad presided over by Managing Director of USC Arif Khan to take an overview of 6 months performance of Utility Stores Corporation o
Published 05 Feb, 2011 12:00am
Allama Altaf Hussain Al-Hussaini dies

Allama Altaf Hussain Al-Hussaini dies

Allama Altaf Hussain Al-Hussaini, Vice President of an Ulema Council Pakistan, Sindh chapter, succumbed to injuries at a private hospital in Karachi on Friday. He was attacked by unknown assailants on Thursday night around 8 pm in Kotri taluka of Jamshoro
Published 05 Feb, 2011 12:00am
CRI arranges seminar, exhibition

CRI arranges seminar, exhibition

Citrus Research Institute (CRI), Sargodha arranged a seminar and exhibition to create awareness about different citrus varieties, latest production technology and problems being faced by the citrus fruits producers and their solution. Seminar was particip
Published 05 Feb, 2011 12:00am
Controlling line losses: MD SSGC stresses out of box approach

Controlling line losses: MD SSGC stresses out of box approach

Dr Faizullah Abbasi, MD, SSGC has said that the entire workforce of the Company is committed towards taking on the challenge of UFG head on while stressing that an out-of-the-box approach is imperative to curb the losses. In an all-encompassing presentati
Published 05 Feb, 2011 12:00am
AbacusConsulting now ranked in 'Asia Top 500'

AbacusConsulting now ranked in 'Asia Top 500'

AbacusCon-sulting is amongst the fastest growing companies in Pakistan from 2007 to 2009. AbacusConsulting is also now included in Asia Top 500. An announcement in this regard was made by the AllWorld Network, while announcing the Pakistan Fast Growth 25
Published 05 Feb, 2011 12:00am
Pakistan and Iranian universities to foster ties in various fields

Pakistan and Iranian universities to foster ties in various fields

Iranian and Pakistani varsities can collaborate in areas like veterinary sciences, animal production and technology and poultry sciences through student exchanges to strengthen cordial relation between the two nations. This was stated by Fahim Research In
Published 05 Feb, 2011 12:00am
IMF's Letter of Comfort

IMF's Letter of Comfort

A Business Recorder exclusive has revealed that multilateral institutions including the World Bank, Islamic Development Bank and the Asian Development Bank have requested the government of Pakistan to provide a Letter of Comfort (LoC) to be issued
Published 05 Feb, 2011 12:00am
Demand for new provinces

Demand for new provinces

Addressing a public meeting on Sunday, MQM chief Altaf Hussain raised the emotive issue of creating new provinces, saying if the Seraiki, Hazara or other people want provinces of their own, they should have them. More provinces, he said, will not weaken t
Published 05 Feb, 2011 12:00am
Economic potential of the Arabian Sea

Economic potential of the Arabian Sea

It is for the umpteenth time that I left an organisation with shattered dreams and hopes. That is the tragedy of life and that is the tragedy of this country that stragglers are allowed to intrigue and play politics in the system. Recently, I came face to
Published 05 Feb, 2011 12:00am
Rabbit Year heralds plots and back-stabbing, astrologer says

Rabbit Year heralds plots and back-stabbing, astrologer says

History has proven the rabbit to be not as cute as it seems, according to Chinese astrologers, who believe the Year of the Rabbit, which started Thursday, could bring hidden agendas and secret plots. The atmosphere between nations may appear friendly and
Published 05 Feb, 2011 12:00am
Paper money in circulation: what is it worth?

Paper money in circulation: what is it worth?

Loads of currency notes being printed and put in circulation by SBP, against the security of GoP's creditworthiness, would in normal circumstances be a legitimate exercise of SBP's functions, and no questions asked - but can the present state of the count
Published 05 Feb, 2011 12:00am
Raymond Davis

Raymond Davis

This refers to the ongoing protests, demonstrations, across the country and various letters posted in the national media over the sad incident which took place in Lahore last week, in which two of the young men were killed by a US Embassy employee, Raymon
Published 05 Feb, 2011 12:00am
Roundtable held to discuss urban development task force report

Roundtable held to discuss urban development task force report

The rapid urbanisation rate in Pakistan, coupled with poor institutional capacity, has forced the policy makers to initiate dialogue and debate with all concerned stakeholder to help formulate an implementable policy for urban development The Planning Com
Published 05 Feb, 2011 12:00am
MPA blames provincial government for victimising his supporters

MPA blames provincial government for victimising his supporters

Newly elected MPA from Shangla, Mohammad Reshad Khan accused provincial government of victimising his supporters through police in his district. Mohammad Reshad Khan has been elected in bye-polls from PK-87, a provincial assembly constituency vacated due
Published 05 Feb, 2011 12:00am
Political agents' moot reviews law, order situation

Political agents' moot reviews law, order situation

10th 'Political Agent Conference' was held here at Governor's House on Friday under the chairmanship of Governor Khyber Pakhtunkhwa, Owais Ahmed Ghani. The conference thoroughly deliberated different matters relating to Federally Administered Tribal Areas
Published 05 Feb, 2011 12:00am
Call to provide financial resources to SDCs

Call to provide financial resources to SDCs

Chairman, Skill Development Council (SDC), Mian Akram Farid has stressed the need of providing necessary financial resources to the council by the government for extension of their activities as the industry is facing a shortage of skilled workers. The pl
Published 05 Feb, 2011 12:00am
Cop shot dead in Jaffarabad

Cop shot dead in Jaffarabad

A police personnel was gunned down while another injured when unknown armed men attacked a police check post near Bypass area of Jaffarabad at night between Thursday and Friday. According to the police, unidentified armed men attacked a police check post
Published 05 Feb, 2011 12:00am
People at grass-roots keen on improving Indo-Pak relations

People at grass-roots keen on improving Indo-Pak relations

The animosity, distrust and strained relations between Pakistan and India notwithstanding, the people at the grass-roots level in India are keen to travel freely as tourists to see for themselves what they have read in books and heard from their elders ab
Published 05 Feb, 2011 12:00am
US MIDDAY: gold retreats

US MIDDAY: gold retreats

Gold dropped on Friday as the dollar rallied and after an apparently unfounded television report about an announcement from Egypt sparked more speculation President Hosni Mubarak could be stepping down. But gold remains on track for its first weekly gain
Published 05 Feb, 2011 12:00am
US MIDDAY: copper soars

US MIDDAY: copper soars

Copper pushed well above $10,000 a tonne to a record high on Friday, driven by encouraging employment data in the United States that backed views of a healthier 2011 demand outlook. Prices of the metal, often viewed as a barometer for economic conditions,
Published 05 Feb, 2011 12:00am
US MIDDAY: wheat, soya down; corn up

US MIDDAY: wheat, soya down; corn up

Grain futures on the Chicago Board of Trade were mostly lower on Friday, with profit-taking weighing on March wheat and soyabean futures, traders said. Corn prices were higher, underpinned by expected demand from China. Futures appeared overbought after g
Published 05 Feb, 2011 12:00am
US MIDDAY: sugar rises

US MIDDAY: sugar rises

Raw sugar futures rose on trade and investor buying on Friday, buoyed by a scaled-back forecast for Indian sugar output, while coffee futures retreated from near 13-1/2-year peaks. Cocoa drifted further from last week's one-year high, in a tight range as
Published 05 Feb, 2011 12:00am
Gold hits two-week high

Gold hits two-week high

Gold hit a two-week high on Friday after fluctuating in the wake of mixed US payrolls data, and was on track for its first full weekly gain this year as investors' appetite for assets seen as higher risk wavered. Spot gold was bid at $1,352.45 an ounce at
Published 05 Feb, 2011 12:00am
Gold slips in Asia

Gold slips in Asia

Gold ticked lower on Friday, after rising more than 1 percent the previous day, as investors took to the sidelines ahead of US January non-farm payroll data, which could dent bullion's appeal. Gold fell $2.20 to $1,351.05 an ounce by 0638 GMT, but was hea
Published 05 Feb, 2011 12:00am
US gold moves up

US gold moves up

US gold futures ended 1.6 percent higher on Thursday, touching a two-week high as strong buying by exchange traded funds and safe-haven demand driven by ongoing unrest in Egypt triggered large buy orders. COMEX April gold futures settled up $20.9 or 1.6 p
Published 05 Feb, 2011 12:00am
Oil slips amid speculation Mubarak to step down

Oil slips amid speculation Mubarak to step down

Oil prices fell on Friday in choppy trading after an apparently unfounded television report about a possible announcement from Egypt set off speculation that President Hosni Mubarak could be stepping down. Prices pared losses as there were no reports from
Published 05 Feb, 2011 12:00am
Liffe coffee consolidates below 2-1/4 year peak

Liffe coffee consolidates below 2-1/4 year peak

Liffe May robusta coffee ended $31 lower at $2,237 a tonne on Friday after rising to a 2-1/4-year peak of $2,287 on Thursday. Robustas track arabicas lower as commodities are spooked by momentary 10 percent plunge in raw sugar on Thursday. Liffe March whi
Published 05 Feb, 2011 12:00am
US soyabeans lower

US soyabeans lower

Soyabean futures on the Chicago Board of Trade extended their 28-1/2 month high on Thursday, buoyed by strong US export sales, but the market closed lower on profit-taking, traders said. A rally in the US dollar added pressure, triggering long liquidation
Published 05 Feb, 2011 12:00am
Tokyo rubber futures jump

Tokyo rubber futures jump

Tokyo rubber futures jumped to another record high on Friday on the back of firm oil prices and supply worries, but profit-taking capped gains, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange for July delivery rose 13.0 yen to
Published 05 Feb, 2011 12:00am
Raw sugar buckles on wave of profit-taking

Raw sugar buckles on wave of profit-taking

Raw sugar futures swung wildly on Thursday, rising up to near a 30-year peak as cyclone Yasi hit cane areas in Australia before a storm of profit-taking deflated the sweetener in its biggest one-day fall in over a month. Arabica coffee futures climbed ste
Published 05 Feb, 2011 12:00am
Copper hits record high

Copper hits record high

Copper rose on Friday to a record high after data showing US unemployment fell to its lowest rate since April 2009, adding to signs of improvement in the world's largest economy. Copper for three-months delivery on the London Metal Exchange closed at $10,
Published 05 Feb, 2011 12:00am
US copper extends rally

US copper extends rally

Copper extended its historic four-day rally to $10,000 per tonne on Thursday, helping boost tin to a new record in the process, as curtailed supply growth at a time of healthier demand continued to power prices higher. With its extensive usage in the cons
Published 05 Feb, 2011 12:00am
New York cotton ends limit down as correction bites

New York cotton ends limit down as correction bites

US cotton futures finished down the daily limit on Friday on follow-through profit taking as investors took cash off the table after the market's record breaking run this week, analysts said. Cotton futures had rallied almost 30 percent since the middle o
Published 05 Feb, 2011 12:00am
Israel and Palestinians float Gaza gas rapprochement

Israel and Palestinians float Gaza gas rapprochement

Israel and the Palestinians are eyeing talks to develop a gas field off the Gaza coast and other initiatives for an independent Palestinian infrastructure, Israeli Prime Minister Benjamin Netanyahu said on Friday. The announcement anticipated a meeting on
Published 05 Feb, 2011 12:00am
Two US clients of HSBC sentenced

Two US clients of HSBC sentenced

A father-and-son team of Miami-based property developers was sentenced to 10 years in jail on Friday for failing to report more than $49 million of income in a case that marked the first trial since the start of an intensified US crackdown on offshore tax
Published 05 Feb, 2011 12:00am
Yemen government supporters tighten grip on Sanaa square

Yemen government supporters tighten grip on Sanaa square

Supporters of Yemeni President Ali Abdullah Saleh tightened their control of Sanaa's central square on Friday, after crowding out a planned opposition rally there the previous day, an AFP correspondent said. Tents, national flags and portraits of Saleh we
Published 05 Feb, 2011 12:00am
Israel restricts access to Al-Aqsa mosque

Israel restricts access to Al-Aqsa mosque

Access to Jerusalem's flashpoint Al-Aqsa mosque compound was restricted on Friday in a bid to prevent demonstrations in support of the Egyptian uprising after Muslim prayers, police said. "This Friday, we are forbidding access to the compound to men under
Published 05 Feb, 2011 12:00am
Sri Lanka parties clash over jailed army general

Sri Lanka parties clash over jailed army general

Government and opposition activists clashed in Sri Lanka's capital Friday as the country marked its national day amid calls to free jailed opposition leader and former army chief Sarath Fonseka. Police said violence erupted near the country's main prison
Published 05 Feb, 2011 12:00am
Cold weather chokes natgas supply in Southwest

Cold weather chokes natgas supply in Southwest

Frigid weather in the US Southwest choked off natural gas supply in the region on Friday as production wells froze, starving pipeline networks and forcing companies to draw maximum volumes from storage. Unusually cold temperatures in the gas-producing Sou
Published 05 Feb, 2011 12:00am
More Mexican power plants shut down

More Mexican power plants shut down

Units at four more power stations in northern Mexico shut down due to unusually cold weather on Friday, forcing the national electricity monopoly to continue to ask factories to curb consumption. The Federal Electricity Commission, known by its Spanish ac
Published 05 Feb, 2011 12:00am
Japanese stem cell researcher wins top award

Japanese stem cell researcher wins top award

Japanese scientist Shinya Yamanaka was Friday honoured with a Spanish award worth 400,000 euros ($544,000) for his pioneering work on cell reprogramming. Yamanaka won the BBVA Foundation Frontiers of Knowledge Award in Biomedicine, the foundation announce
Published 05 Feb, 2011 12:00am
US, Croatia sign 'open skies' deal

US, Croatia sign 'open skies' deal

The United States and Croatia on Thursday signed a deal paving the way for direct flights between the two countries, which officials said would boost tourism and economic ties. At a ceremony in Washington, US Secretary of State Hillary Clinton and Croatia
Published 05 Feb, 2011 12:00am
Power blackout hits north-eastern Brazil

Power blackout hits north-eastern Brazil

A breakdown at a key electrical substation left most of northeastern Brazil without power overnight Friday, affecting millions of people, the electricity company said. The blackout, which began at 11:30 pm Thursday (0130 GMT) and ended four and a half hou
Published 05 Feb, 2011 12:00am
EU okays sanctions against 46 Tunisians

EU okays sanctions against 46 Tunisians

A European Union official says the bloc will freeze the assets of 46 allies and relatives of ousted Tunisian President Zine El Abidine Ben Ali and his wife. The official said Friday the decision was reached after consultations with authorities of the new
Published 05 Feb, 2011 12:00am
Seven dead in plane crash in Iraq's Kurdish region

Seven dead in plane crash in Iraq's Kurdish region

A small private jet crashed shortly after takeoff in the northern Iraqi city of Sulaimaniyah on Friday killing seven people, an airport official said. Among the dead were three members of the flight crew, while the remaining four were technicians and shar
Published 05 Feb, 2011 12:00am
France, FAO see food crisis risk

France, FAO see food crisis risk

G20-leader France and the UN food agency FAO warned on Friday about the risk of a new global food crisis and ensuing riots, calling for greater regulation to curb speculation on commodities markets. The warning came a day after the Food and Agriculture Or
Published 05 Feb, 2011 12:00am
British 'home-grown' terror threat increasing: report

British 'home-grown' terror threat increasing: report

Britain faces a growing threat from home-grown jihadists who are beyond the "radar screen" of intelligence authorities, leaked cables seen by the Telegraph newspaper revealed Thursday. In the memos, leaked to the British newspaper by the WikiLeaks website
Published 05 Feb, 2011 12:00am
ICC warns against fraud emails

ICC warns against fraud emails

Cricket's governing body on Friday warned the public to beware of fraudulent emails that seek personal details to give away non-existent cash rewards ahead of the World Cup. The International Cricket Council said tricksters have been sending out emails to
Published 05 Feb, 2011 12:00am
Blackburn chairman quits after 14 years

Blackburn chairman quits after 14 years

Blackburn chairman John Williams has quit after 14 years, in the latest high-profile departure involving a senior official at the Indian-owned Premier League club. Williams said in a statement on the club's website Rovers faced a "new dawn" under Indian c
Published 05 Feb, 2011 12:00am
Lahore take Railway Handball title

Lahore take Railway Handball title

Lahore clinched the title of the Railway's Divisional Handball Championship with 36-17 points win over Workshop Division here at Railway Stadium. The final was supervised by Sultan Mehmood, Rashid Javed. Multan took bronze medals. Later on chief guest dis
Published 05 Feb, 2011 12:00am
FIFA rejects Temarii's scandal appeal

FIFA rejects Temarii's scandal appeal

FIFA has rejected an appeal by Oceanian ex football chief Reynald Temarii against his suspension in the bribery scandal that rocked bidding for the 2018 and 2022 World Cups, his lawyer told AFP Friday. Attorney Geraldine Lesieur dismissed the whole appeal
Published 05 Feb, 2011 12:00am
Spain coach awarded title of Marquis

Spain coach awarded title of Marquis

Spain coach Vicente Del Bosque was awarded the honorary title of Marquis by King Juan Carlos on Friday after guiding the national team to victory at the World Cup finals last year. Del Bosque, who was honoured for his contribution to sport and sporting va
Published 05 Feb, 2011 12:00am
Denmark-based Yousuf joins Youth Football camp

Denmark-based Yousuf joins Youth Football camp

Denmark-based goal keeper Yousuf Butt joined three domestic goal keepers in selection-trial-cum-coaching camp here at the Model Town Football Academy, located at Model Town C & D Block, Lahore. The camp has been organised for building up of the Pakistan Y
Published 05 Feb, 2011 12:00am
Ghana on top in Africa - and ready to prove it

Ghana on top in Africa - and ready to prove it

World Cup quarter-finalists Ghana have returned as FIFA's top-ranked African football nation, placing an enormous burden on new Serbian manager Goran Stevanovic to sustain the number one position. The new rankings out this week marked the second time in t
Published 05 Feb, 2011 12:00am
Iran says Stuxnet claims need investigating

Iran says Stuxnet claims need investigating

Iran should investigate claims that the Stuxnet computer virus has caused major harm to its first nuclear power station, a senior official said on Friday after suggestions the plant could become a "new Chernobyl". The acting head of Iran's Atomic Energy O
Published 05 Feb, 2011 12:00am
Two dead in Thai-Cambodian border clash

Two dead in Thai-Cambodian border clash

Thai and Cambodian soldiers exchanged heavy fire on the two countries' shared border on Friday killing one soldier and a civilian, as tensions between the neighbours boiled over. One Cambodian soldier died in the skirmishes near the disputed ancient Preah
Published 05 Feb, 2011 12:00am
6.4-magnitude quake rocks India-Myanmar border

6.4-magnitude quake rocks India-Myanmar border

A strong 6.4-magnitude earthquake rocked the India-Myanmar border region on Friday, US seismologists said. The quake struck at a depth of 88 kilometres (55 miles), the US Geological Survey (USGS) said, with its epicentre 85 kilometres east of Imphal in th
Published 05 Feb, 2011 12:00am
Russian defence chief visits isles claimed by Japan

Russian defence chief visits isles claimed by Japan

Japan's foreign minister on Friday denounced a visit by Russia's defence chief to islands at the centre of a territorial row and accused the Kremlin of scuttling efforts to improve ties before his visit to Moscow next week. Japan summoned the Russian amba
Published 05 Feb, 2011 12:00am
US mission will be safe after Iraq withdrawal: officials

US mission will be safe after Iraq withdrawal: officials

The US envoy to Baghdad and the senior US commander in Iraq assured skeptical lawmakers Thursday that the US diplomatic mission there will be well protected after US troops withdraw in late 2011. A private security force some 5,500 strong will protect the
Published 05 Feb, 2011 12:00am
Few regrets in former US defence chief's memoir

Few regrets in former US defence chief's memoir

Former US defence secretary Donald Rumsfeld makes no apologies for his handling of the Iraq war in a new memoir, but says his biggest regret was not stepping down after the Abu Ghraib prisoner abuse scandal, US media reported Thursday. In "Known and Unkno
Published 05 Feb, 2011 12:00am
Global ills on the agenda at World Social Forum in Senegal

Global ills on the agenda at World Social Forum in Senegal

Anti-globalisation activists meet from Sunday for the 11th World Social Forum in Dakar, homing in on the crises of capitalism and civilisation in a world plagued by social and economic ills. The left-wing alternative to the World Economic Forum held in Da
Published 05 Feb, 2011 12:00am
Swiss franc lower versus euro

Swiss franc lower versus euro

The Swiss franc fell against the euro on Friday as investors turned their focus to strong euro zone economic fundamentals from dashed hopes of a possible European Central Bank rate hike in coming months. The euro was on the defensive on Thursday after ECB
Published 05 Feb, 2011 12:00am
Australian dollar surges

Australian dollar surges

The Australian dollar soared to a one-month high on the US dollar on Friday and surged against the euro, as an upbeat outlook from the country's central bank led investors to price in higher interest rates. The Australian dollar surged to a month-high at
Published 05 Feb, 2011 12:00am
Indian rupee flat

Indian rupee flat

The rupee ended steady on Friday as dollar inflows were offset by losses in domestic shares and a weak euro, but US jobs data due later this evening was eyed for further cues. The partially convertible rupee closed at 45.5950/6050 per dollar, little chang
Published 05 Feb, 2011 12:00am
Euro falls broadly

Euro falls broadly

The euro fell broadly on Thursday and could extend those losses after European Central Bank President Jean-Claude Trichet threw cold water on expectations eurozone interest rates would rise any time soon. Trichet, speaking after the ECB's decision to keep
Published 05 Feb, 2011 12:00am
Early trade in New York: dollar rallies versus euro

Early trade in New York: dollar rallies versus euro

The dollar rose against the euro on Friday after the US jobless rate fell to its lowest level in nearly two years, and traders said a brightening US economic outlook may help it extend gains in the weeks ahead. The euro fell as low as $1.3544, and traders
Published 05 Feb, 2011 12:00am
Euro steadies in London

Euro steadies in London

The euro steadied on Friday, having slid after European Central Bank President Jean-Claude Trichet cooled expectations for a near-term hike in interest rates, while the dollar consolidated ahead of key US jobs data. Traders said whether the dollar's repri
Published 05 Feb, 2011 12:00am
Euro under pressure in Asia

Euro under pressure in Asia

The euro was on the defensive on Friday after European Central Bank President Jean-Claude Trichet poured cold water on expectations for a near-term rate hike, wrongfooting bulls who had expected more tough talk on inflation. Whether the euro's retreat fro
Published 05 Feb, 2011 12:00am
Sterling dips

Sterling dips

Sterling dipped on Friday, stumbling against a broadly rallying dollar in volatile trade after a fall in the US jobless rate prompted investors to book profits on the pound's new year rally against the US currency.
Published 05 Feb, 2011 12:00am
Euro interbank rates up

Euro interbank rates up

Euro-priced interbank rates rose on Friday but at a slower pace than in the past two weeks after the European Central Bank tempered expectations it could raise borrowing costs as early as August. The ECB left eurozone interest rates on hold at a record lo
Published 05 Feb, 2011 12:00am
Financials lift FTSE

Financials lift FTSE

Strength from financial stocks and miners lifted Britain's top share index by Friday's close, as investors stayed relatively optimistic and focused on the positive aspects of mixed US employment data. However, weakness from energy stocks Royal Dutch Shell
Published 05 Feb, 2011 12:00am
Australian shares up

Australian shares up

Australian shares closed 0.9 percent firmer at a 10-month high on Friday after the country's biggest insurance group rallied on a US acquisition and firmer metal prices supported mining companies. QBE Insurance shares added 7.4 percent after it said it wo
Published 05 Feb, 2011 12:00am
First Rwandan IPO successfully completed

First Rwandan IPO successfully completed

The first initial public offering in Rwanda, the sale of a 25 percent stake in the country's brewery Bralirwa, has been successfully completed, Renaissance Capital said late Thursday. "The transaction marks the formal opening of the Rwanda Stock Exchange
Published 05 Feb, 2011 12:00am
European shares pare gains

European shares pare gains

European shares ended slightly higher on Friday after paring gains on a mixed US jobs report, while construction stocks remained among the top gainers thanks to an improving outlook. US nonfarm payrolls data for January came in much lighter than expected,
Published 05 Feb, 2011 12:00am
Indian shares at fresh five-month low

Indian shares at fresh five-month low

Indian shares declined for the fourth week in five, shedding 2.4 percent in choppy trade on Friday, as worries of continued high global oil prices worsening the domestic inflationary pressures hit investor sentiment. Earlier on Friday, Indian Prime Minste
Published 05 Feb, 2011 12:00am
Treasuries decline

Treasuries decline

The US government bond market succumbed to inflation anxiety for a fourth straight session on Thursday with the 30-year bond's yield rising to its highest level in more than nine months. Compounding the market sell-off was data on jobless claims, retail s
Published 05 Feb, 2011 12:00am
Treasuries decline

Treasuries decline

The US government bond market succumbed to inflation anxiety for a fourth straight session on Thursday with the 30-year bond's yield rising to its highest level in more than nine months. Compounding the market sell-off was data on jobless claims, retail s
Published 05 Feb, 2011 12:00am
US stocks end near session's highs

US stocks end near session's highs

US stocks ended near the session's highs on Thursday, with investors favouring shares of retailers after encouraging chain-store sales raised confidence ahead of Friday's jobs report. The Morgan Stanley retail index rose 2.8 percent, driven by companies s
Published 05 Feb, 2011 12:00am
Friday's early morning trade: Wall Street slips

Friday's early morning trade: Wall Street slips

US stocks slipped on Friday after a mixed payrolls report showed that while the US unemployment rate dropped sharply last month, the number of new jobs barely grew. Major indexes faced resistance after the Dow opened above the 12,000 mark for a third cons
Published 05 Feb, 2011 12:00am
Nikkei at two-week high

Nikkei at two-week high

The Nikkei average rose to a two-week high on Friday, after a planned merger of two steel firms lifted hopes for restructuring in corporate Japan and provided fresh momentum for the benchmark which had been widely seen as due for a correction.
Published 05 Feb, 2011 12:00am
Southeast Asian markets: Indonesia up after rate rise

Southeast Asian markets: Indonesia up after rate rise

Indonesian stocks eked out small gains on Friday after an interest rate rise soothed inflation concerns and Thai stocks rose to their highest in almost two weeks after a surge in the shares of heavyweight PTT Exploration. Market volume remained weak due t
Published 05 Feb, 2011 12:00am
Japan steel stocks surge on mega merger

Japan steel stocks surge on mega merger

Shares of Nippon Steel Corp and Sumitomo Metal Industries rallied sharply on Friday after the two firms said they planned to merge to create the world's second-largest steelmaker. Nippon Steel jumped 11.5 percent, Sumitomo Metal Industries gained 20.2 per
Published 05 Feb, 2011 12:00am
Ambitious Rosneft's 2010 profits top $10 billion

Ambitious Rosneft's 2010 profits top $10 billion

Russia's largest oil firm Rosneft, which struck a milestone partnership with BP and is eyeing ambitious global expansion, said Friday its net profits rose 64 percent in 2010 to $10.67 billion. The results were unveiled as a press report said the Russian s
Published 05 Feb, 2011 12:00am
LVMH record year fuelled by growing China appetite

LVMH record year fuelled by growing China appetite

LVMH, the world's biggest luxury group, posted a 13 percent rise in fourth-quarter comparable sales boosted by Chinese shoppers' growing appetite for luxury goods and a steady rise in discretionary spending. LVMH, whose Louis Vuitton brand accounts for mo
Published 05 Feb, 2011 12:00am
Volvo hit by parts glitches as truck demand soars

Volvo hit by parts glitches as truck demand soars

World number two truckmaker Volvo said production problems and a shortage of skilled staff thwarted its efforts to react quickly enough to a strong rise in demand, hitting its quarterly earnings. The highly cyclical heavy-duty trucks market has picked up
Published 05 Feb, 2011 12:00am
Volvo hit by parts glitches as truck demand soars

Volvo hit by parts glitches as truck demand soars

World number two truckmaker Volvo said production problems and a shortage of skilled staff thwarted its efforts to react quickly enough to a strong rise in demand, hitting its quarterly earnings. The highly cyclical heavy-duty trucks market has picked up
Published 05 Feb, 2011 12:00am
US payrolls barely grow, jobless rate plummets

US payrolls barely grow, jobless rate plummets

US employment rose by a meagre 36,000 jobs in January, far less than expected, as severe snow storms slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009. Despite the conflicting signals in the Labour Depa
Published 05 Feb, 2011 12:00am
Corruption a stain on India's global image: Prime Minister

Corruption a stain on India's global image: Prime Minister

Prime Minister Manmohan Singh on Friday said "the menace" of corruption was tarnishing India's image overseas and demeaning it at home. His warning followed the arrest this week of his former telecom minister over an alleged $40 billion mobile phone licen
Published 05 Feb, 2011 12:00am
UK company failures fall to 2-1/2 year low

UK company failures fall to 2-1/2 year low

The number of companies in England and Wales forced into liquidation fell to its lowest level in two-and-a-half years in the last three months of 2010, official figures showed on Friday. Some 3,955 firms were liquidated between October and December on a s
Published 05 Feb, 2011 12:00am
Investment banks square bonus circle with doughnuts

Investment banks square bonus circle with doughnuts

From Wall Street to the City of London, "doughnuts" are on the menu this bonus season. While the carbohydrate-packed variety may damage their health, it is the wealth hit from the zero bonus known by the same name that investment bankers increasingly fear
Published 05 Feb, 2011 12:00am
Paris, Berlin launch EU competitiveness pact

Paris, Berlin launch EU competitiveness pact

Germany and France proposed a competitiveness pact for Europe on Friday and EU leaders discussed strengthening a eurozone rescue fund, hoping to win back market confidence in the bloc's public finances. But there was almost immediate opposition to the Fra
Published 05 Feb, 2011 12:00am
Armed robbery

Armed robbery

Two robbers staged an armed raid on Friday at the European Parliament post office in Brussels - just hundreds of metres from a summit gathering Europe's top leaders at a summit. "Early this afternoon, there was a hold-up at the European parliament's post
Published 05 Feb, 2011 12:00am
Developed stocks win investor favour in week: EPFR

Developed stocks win investor favour in week: EPFR

Investors spurned emerging market equities and bonds in the latest week, moving more cash into developed market stocks on a brightening economic environment, fund-tracker EPFR Global said on Friday. Cash came off the sidelines in the week ended February 2
Published 05 Feb, 2011 12:00am
Indonesia central bank surprises with interest rate hike

Indonesia central bank surprises with interest rate hike

Indonesia's central bank raised its benchmark interest rate by 25 basis points to 6.75 percent on Friday, citing growing inflationary pressures and surprising many in the market who had expected it to keep borrowing costs at a record low.
Published 05 Feb, 2011 12:00am
Outgunned by Wall Street, SEC warns on fraud

Outgunned by Wall Street, SEC warns on fraud

Tighter budgets at the US Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding. With congressional Republicans threatening to restra
Published 05 Feb, 2011 12:00am
Egypt creates compensation fund

Egypt creates compensation fund

Egypt has created a 5 billion Egyptian pound ($854 million) fund to compensate people for property damaged during the political protests that have rocked the country, Finance Minister Samir Radwan said on Friday. Much of Egypt's economy has ground to a ha
Published 05 Feb, 2011 12:00am
Finnair axes jobs

Finnair axes jobs

Finland's national carrier Finnair said Friday it was axing 450 jobs and mulling a "complete restructuring", as it announced net losses of 13.3 million euros ($18.1 million) last year. The fourth-quarter showed a net loss of 4.7 million euros, with burgeo
Published 05 Feb, 2011 12:00am
KCA spot rate sharply higher at Rs 11,500 on cotton market

KCA spot rate sharply higher at Rs 11,500 on cotton market

Spot rate was sharply higher on the cotton market on Friday following the continued rise in the ready business due to short crop, dealers said. In response to surge in the ready prices, the Karachi Cotton Association (KCA) raised the spot rate by Rs 500 t
Published 05 Feb, 2011 12:00am
US wheat futures climb

US wheat futures climb

US wheat futures rallied to near 2-1/2 year highs on Friday as concerns mount about yields from the US winter wheat crop and as commodities were helped by stronger oil prices. Chicago Board of Trade (CBOT) wheat for March delivery gained about 0.3 percent
Published 05 Feb, 2011 12:00am
No business on grain market

No business on grain market

No trading activity was seen on the wholesale grain and seed market on Friday as almost all the market plsyers were busy in preparations for Juma prayers ahead of long weekend due to Kashmir Day holiday on Saturday, grain and seed merchants group' seriali
Published 05 Feb, 2011 12:00am
Kenya's Mumias Sugar expects to raise output

Kenya's Mumias Sugar expects to raise output

Kenya's Mumias Sugar expects to raise output, quality and therefore profits in the current half-year, putting behind it the production problems encountered in the last six months of 2010, its chief financial officer said. The firm, which supplies 60 perce
Published 05 Feb, 2011 12:00am
US Midwest soyabean bids higher

US Midwest soyabean bids higher

Soyabean spot basis bids were higher at processors around the US Midwest on Thursday and held steady at elevators and river points amid slow farmer sales and deliveries of the oilseed, dealers said. Corn bids eased at a Nebraska processor and along the Il
Published 05 Feb, 2011 12:00am
Canadian canola snaps six-day winning streak

Canadian canola snaps six-day winning streak

ICE Canadian canola futures snapped a six-day winning streak on Thursday, as early contract highs gave way to commercial hedges and US soya markets spilled over pressure, traders said. Crushers bought early, pushing March, July and November to contract hi
Published 05 Feb, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 90,017 tonnes of cargo including 59,371 tonnes of import cargo, 30,646 tonnes of export cargo, 5,938 loaded and empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 59,371 tonnes comprised
Published 05 Feb, 2011 12:00am
The game goes on

The game goes on

A recent report by an investigative journalist of a known newspaper on how tribal senators bought their way into the Senate is not something new. History reveals that candidates have regularly been violating rules, both in tribal and settled areas, under
Published 05 Feb, 2011 12:00am
KARACHI CHRONICLE: I speak for my multilingual city

KARACHI CHRONICLE: I speak for my multilingual city

Last Sunday the Muttahida Qaumi Movement (MQM) organised a public meeting to reject the notion that it is a political party that represents only Urdu-speaking people. Only Altaf Hussain addressed the large crowd in Jinnah Ground in Urdu; the rest of the s
Published 05 Feb, 2011 12:00am
The scourge of terrorism

The scourge of terrorism

The acts of bestiality committed in Lahore and Karachi on the eve of Chelum of Hazrat Imam Hussain (RA) are a strong reminder of the fact that such acts cannot be stopped through preventive security measures only. No matter how stringent these arrangement
Published 05 Feb, 2011 12:00am
LITERARY NOTES: Raghib Moradabadi and 'Sifar Se Ek Tak'

LITERARY NOTES: Raghib Moradabadi and 'Sifar Se Ek Tak'

Raghib Muradabadi said good bye to his family and admiring fans after a protracted illness which kept him in and out the I.C.U for the last six months. Born in 1918 in Delhi in a family from Muradabad (U.P), he lived an eventful life for the last 70 years
Published 05 Feb, 2011 12:00am
ART FACTS: Creating a semblance of reality

ART FACTS: Creating a semblance of reality

Recent artworks of Shahzad Zar exhibited at the J I Gallery, Karachi show glimpses of past in the present time. The paintings in mixed media have a delicate theme of 'Shadi', a portrayal of soft dreams which a bride to be weave in her imagination.
Published 05 Feb, 2011 12:00am
BRIDGE NOTES: The Lone Ranger

BRIDGE NOTES: The Lone Ranger

Declarer play has a fascination of its own. When it succeeds in reaching its goal, it gives immense satisfaction, but when it fails, the disappointment is equally large. This can turn agonizing if one has blundered in the play and gone down in an ice cold
Published 05 Feb, 2011 12:00am
New York cotton

New York cotton

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

Published 05 Feb, 2011 12:00am
New York cotton

New York cotton

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

Published 05 Feb, 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 05 Feb, 2011 12:00am
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