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Archive - 2011-02-21
US orders personnel out of Libya
Top News

US orders personnel out of Libya

WASHINGTON: The United States on Monday ordered all non-essential staff to leave Libya and warned US nationals to avoid
Published 21 Feb, 2011 06:38pm
European stocks lose ground
Financial

European stocks lose ground

LONDON: European stocks lost ground on Monday, with London's FTSE 100 Index down 1.12 percent to finish on  6,014.8 poin
Published 21 Feb, 2011 05:18pm
LSE loses 53.24 points
Financial

LSE loses 53.24 points

LAHORE: Lahore Stock Exchange on Monday lost 27.31 points as LSE-25 index opened with 3603.31 and closed at 3576.00 poin
Published 21 Feb, 2011 04:54pm
Libya shockwaves hit Italian businesses
Top News

Libya shockwaves hit Italian businesses

MILAN: Shockwaves from the unrest in Libya on Monday hit its former colonial overlord Italy -- a top foreign investor
Published 21 Feb, 2011 04:43pm
UBL declares 40 percent dividend
Top News

UBL declares 40 percent dividend

KARACHI: United Bank Limited (UBL) has posted a record consolidated profit before tax of Rs 11.020 billion for year endi
Published 21 Feb, 2011 03:38pm
Askari Bank declares bonus share
Top News

Askari Bank declares bonus share

KARACHI: Askari Bank Ltd has reported a lower profit after tax of Rs 943.177 million for the year ending December 31, 20
Published 21 Feb, 2011 03:26pm
Taliban bomber kills 31 at Afghan office
Top News

Taliban bomber kills 31 at Afghan office

KUNDUZ: A Taliban suicide bomber struck an Afghan government office on Monday, killing 31 people and raising to more t
Published 21 Feb, 2011 03:02pm
Cutting subsidies to increase poverty
Top News

Cutting subsidies to increase poverty

KARACHI : The World Bank released the Food price Index on Wednesday which suggests that the price of wheat increased in
Published 21 Feb, 2011 12:05pm
Mauritius delegation visits Pakistan
Top News

Mauritius delegation visits Pakistan

ISLAMABAD: A high level delegation from Mauritius, headed by Foreign Secretary of Mauritius A.P. Neewoorand, Director Tr
Published 21 Feb, 2011 11:12am
India's government looks for fresh start
Top News

India's government looks for fresh start

NEW DELHI: Indian Prime Minister Manmohan Singh looked to put his government's recent corruption troubles behind him and
Published 21 Feb, 2011 10:12am
Yemen's president Saleh a great survivor
Top News

Yemen's president Saleh a great survivor

SANAA: President Ali Abdullah Saleh, who said Monday he will only quit if defeated in elections despite protests, has ru
Published 21 Feb, 2011 09:56am
India's government looks for fresh start
Top News

India's government looks for fresh start

NEW DELHI: Indian Prime Minister Manmohan Singh looked to put his government's recent corruption troubles behind him and
Published 21 Feb, 2011 09:49am
Death sentence confirmed for Ajmal Kasab
Top News

Death sentence confirmed for Ajmal Kasab

MUMBAI: Two Indian judges on Monday confirmed the death sentence for the sole surviving gunman of the 2008 Mumbai attack
Published 21 Feb, 2011 08:41am
Iraq suicide car bomb kills 10 police
Top News

Iraq suicide car bomb kills 10 police

SAMARRA: A car bomb detonated by a suicide attacker in the central Iraqi city of Samarra killed 10 policemen and wounded
Published 21 Feb, 2011 08:33am
Death sentence confirmed for Ajmal Kasab
Top News

Death sentence confirmed for Ajmal Kasab

MUMBAI: Two Indian judges on Monday confirmed the death sentence for the sole surviving gunman of the 2008 Mumbai attack
Published 21 Feb, 2011 08:27am
Japan building foreign spy service
Asia

Japan building foreign spy service

TOKYO: Japan is setting up its first fully-fledged post-war foreign spy service, modelled on the CIA and Britain's MI6,
Published 21 Feb, 2011 07:55am
Raymond Davis undercover for the CIA
Top News

Raymond Davis undercover for the CIA

ISLAMABAD: An official said on Monday that an American official arrested last month for killing two men on motorcycles w
Published 21 Feb, 2011 07:47am
Raymond Davis undercover for the CIA
Top News

Raymond Davis undercover for the CIA

ISLAMABAD: An official said on Monday that an American official arrested last month for killing two men on motorcycles w
Published 21 Feb, 2011 07:14am
Pakistan v Kenya World Cup teams
Sports

Pakistan v Kenya World Cup teams

HAMBANTOTA, Rival squads, officials and pitch conditions for the World Cup Group A match between Pakistan and Kenya at M
Published 21 Feb, 2011 06:37am
Japanese shares open lower
Financial

Japanese shares open lower

TOKYO: Japanese share prices opened 0.20 percent lower on Monday, weighed down by profit-taking after the recent rises a
Published 21 Feb, 2011 05:40am
ICC World Cup versus KSE-100
BR Research

ICC World Cup versus KSE-100

The ICC World Cup 2011 kicked off with a first-ball boundary - and surely a lot of money must have been won and lost on that outcome. Such
Published 21 Feb, 2011 12:00am
HBL playing it safe
BR Research

HBL playing it safe

Higher return being offered by government securities has been providing an opportunity to banks to make a mint while staying away from risky
Published 21 Feb, 2011 12:00am
NML: making the right moves
BR Research

NML: making the right moves

Nishat Mills is living up to its name, albeit not necessarily to analysts expectations who didn forecast the impact of squeezing gross marg
Published 21 Feb, 2011 12:00am
Interntional Mother Language Day today

Interntional Mother Language Day today

The International Mother Language Day will be observed world-wide on Monday (today), as proclaimed by the General Conference of UNESCO in November 1999. It has been observed yearly since February 2000 to promote linguistic and cultural diversity and multi
Published 21 Feb, 2011 12:00am
'120 suspects held in Quetta'

'120 suspects held in Quetta'

Quetta police in different raids conducted from January 1 onwards have arrested 120 suspects involved in heinous crimes of target killing, kidnapping for ransom, car lifting and others and recovered weapons, ammunition, drugs, snatched vehicles and cell p
Published 21 Feb, 2011 12:00am
Pakistan Week commences in Colombo

Pakistan Week commences in Colombo

Pakistan Week began at Colombo on Sunday evening, which is aimed at promoting Pakistan's cultural, trade and tourism. The week, which is featuring many events, will continue till February 26, 2011. The week is being organised by Pakistan High Commission a
Published 21 Feb, 2011 12:00am
Ibad for devising national economic agenda

Ibad for devising national economic agenda

Sindh Governor, Dr Ishrat-ul-Ebad Khan on Sunday called for working out a national economic agenda with the consensus of all political parties in the country. He was talking to a delegation of Pakistan Business Council (PBC), at Governor House here on Sun
Published 21 Feb, 2011 12:00am
UNDP official hands over keys of 200 houses to flood victims

UNDP official hands over keys of 200 houses to flood victims

The administrator of UNDP Ms Helen Clark handed over keys of 200 houses to the area women in Khairpur Nathan Shah, in village Bagho Tewno, under the rehabilitation programme for the flood affected people of the province.
Published 21 Feb, 2011 12:00am
Qureshi for honest leadership to face challenges

Qureshi for honest leadership to face challenges

Former foreign minister Shah Mahmood Qureshi said on Sunday that country is faced with numerous challenges and only honest leadership could resolve them. He was speaking here at the residence of a former provincial minister, Moinuddin Riaz Qureshi. He sai
Published 21 Feb, 2011 12:00am
Pakistan and China enjoying exemplary relations: PEW

Pakistan and China enjoying exemplary relations: PEW

The Pakistan Economy Watch (PEW) on Sunday said Pakistan and China are natural allies enjoying exemplary relations beyond a shadow of doubt. Issue of uneven growth in World's No 2 economy with GDP reaching $5.7 trillion should be taken seriously and resol
Published 21 Feb, 2011 12:00am
'30 Punjab districts have schools for kiln workers' kids'

'30 Punjab districts have schools for kiln workers' kids'

Presently, schools have been set up in the kilns of 30 districts in Punjab where the kiln labourers' kids are getting education. These kids are being provided one-time food, uniforms and books free of cost. PSTA is providing this service for the last 20 y
Published 21 Feb, 2011 12:00am
Fazl urges UK to help resolve Kashmir issue

Fazl urges UK to help resolve Kashmir issue

Chairman Kashmir Committee and Jamiat Ulema-i-Islam-F (JUI-F) chief, Maulana Fazl-ur-Rehman on Sunday urged for resolving Kashmir issue according to the United Nations' resolutions. He was talking to reporters after meeting with a delegation of UK parliam
Published 21 Feb, 2011 12:00am
304 officers of NH&MP promoted

304 officers of NH&MP promoted

The Departmental Promotion Committee (DPC), headed by Inspector General, National Highway and Motorway Police (NH&MP), Dr Wasim Kauser has promoted 37 Assistant Patrolling Officers to the rank of Patrolling Officers and 267 Junior Patrolling Officers to A
Published 21 Feb, 2011 12:00am
'PPP never practiced politics of confrontation'

'PPP never practiced politics of confrontation'

Provincial General Secretary, Pakistan People's Party (PPP), Taj Haider said that his party never practiced politics of confrontation. Taj Haider, who is also Media Co-ordinator of the Sindh government was addressing a press conference at PPP Sindh Media
Published 21 Feb, 2011 12:00am
JI supports restoration of Bahawalpur province

JI supports restoration of Bahawalpur province

Jamaat-e-Islami Punjab has demanded restoration of Bahawalpur province immediately as more administrative units are essential for good governance. JI Punjab Amir Dr Syed Waseem Akhtar said here on Sunday that JI would hold a grand rally on February 23 in
Published 21 Feb, 2011 12:00am
Pakistan has full control of its strategic assets: Foreign office

Pakistan has full control of its strategic assets: Foreign office

Pakistan is a responsible nuclear state and has complete controls of its strategic assets, Foreign office said in reaction to the statement made by the Indian National Security Adviser at the Asian Security Conference in New Delhi.
Published 21 Feb, 2011 12:00am
MT Lahore carrying 71,000 MT furnace oil arrives

MT Lahore carrying 71,000 MT furnace oil arrives

PNSC ship M T Lahore carrying 71,000 metric tons furnace oil from Kuwait arrived here at Port Qasim. According to a statement issued here Sunday, a ceremony on the occasion was organised by Country Manager, Kuwait Petroleum Corporation Ms Talat Jabeen.
Published 21 Feb, 2011 12:00am
KP government waives off photography fee in museums

KP government waives off photography fee in museums

The government of Khyber Pakhtunkhwa has issued an order to waive off photography fee in all the museums and archaeological sites of the province forthwith in order to promote archaeology in the province. The students would also be allowed free entry and
Published 21 Feb, 2011 12:00am
Two Pakistani universities ranked among world's top 200

Two Pakistani universities ranked among world's top 200

Two Pakistani universities have been ranked among the top 200 technology universities of the world. One of them is Federal Government University, according to Quality Standard World University Ranking 2010.
Published 21 Feb, 2011 12:00am
Postponement of US, Pak, Afghan meeting to harm peace efforts: Sherpao

Postponement of US, Pak, Afghan meeting to harm peace efforts: Sherpao

Pakistan People's Party Sherpao (PPP-S) chairman Aftab Ahmed Khan Sherpao on Sunday regretted the deferment of tripartite meeting among Pakistan, US and Afghanistan, and urged the quarters concerned to review the decision in larger interest of the regiona
Published 21 Feb, 2011 12:00am
Security forces kill 28 militants

Security forces kill 28 militants

Security forces killed 28 militants in two separate incidents when the rebels attacked a security check point in Mohmand agency and shelling the militants positions near Afghan border in Orakzai agency. Security officials told APP here on Sunday that mili
Published 21 Feb, 2011 12:00am
Terrorism, extremism termed menace for society

Terrorism, extremism termed menace for society

Provincial Minister for Finance and Planning & Development Tanvir Ashraf Kaira has said that terrorism and extremism is menace for the society and there is a need for promoting tolerance and restraint for the progress and development of the country. He wa
Published 21 Feb, 2011 12:00am
International surgical conference from March 9

International surgical conference from March 9

Secretary General, Society of Surgeons Pakistan, Dr Afsar Ali Bhatti has said that 'International Surgical Conference 2011' would help update knowledge of young doctors and enhance their abilities to treat the patients properly. Talking to media persons,
Published 21 Feb, 2011 12:00am
Sialkot city: authorities urged to facilitate investors' visits

Sialkot city: authorities urged to facilitate investors' visits

The exporters' community of Sialkot has urged the federal government and Trade Development Authority of Pakistan (TDAP) to ensure visits of foreign investors and other trade delegations in the export-oriented city and hub of cottage industries of the coun
Published 21 Feb, 2011 12:00am
Kashf Foundation releases flood relief strategy report

Kashf Foundation releases flood relief strategy report

Kashf Foundation recently released here a flood relief strategy report based on three phases: food distribution amongst flood victims, reconstruction of homes and access to sustainable income sources. Kashf Foundation Managing Director Roshaneh Zafar shar
Published 21 Feb, 2011 12:00am
Punjab decides to keep ban on kite flying this year

Punjab decides to keep ban on kite flying this year

Punjab Chief Minister Shahbaz Sharif has said that concerned administration and police will be held accountable for violation of the ban on kite flying in any district of the province. This was stated by him during the Divisional Commissioners conference
Published 21 Feb, 2011 12:00am
Egypt pound closes weaker after banks reopen

Egypt pound closes weaker after banks reopen

The Egyptian pound weakened on Sunday after the nation's banks reopened from a three-day closure caused by worker strikes and protests. The pound weakened to 5.885 to the US dollar, down from 5.877 when banks were last open on Sunday of last week, a deale
Published 21 Feb, 2011 12:00am
Yemen issues maiden sukuk

Yemen issues maiden sukuk

Yemen, racked by worsening anti-government protests, issued the country's first Islamic bond, or sukuk, last week, as part of a broader bond plan to finance development projects. Local Islamic banks subscribed to the four billion Yemeni rial ($18.5 millio
Published 21 Feb, 2011 12:00am
Yemen issues maiden sukuk

Yemen issues maiden sukuk

Yemen, racked by worsening anti-government protests, issued the country's first Islamic bond, or sukuk, last week, as part of a broader bond plan to finance development projects. Local Islamic banks subscribed to the four billion Yemeni rial ($18.5 millio
Published 21 Feb, 2011 12:00am
Gulf markets slump as Middle East unrest spreads

Gulf markets slump as Middle East unrest spreads

Middle East markets slid on Sunday as unrest spread across the world's top oil exporting region, and further selling is forecast, with investors cutting exposure despite a buoyant economic outlook. "These are retail driven markets and retail investors put
Published 21 Feb, 2011 12:00am
Banks, bonuses to light up London trading

Banks, bonuses to light up London trading

Bank annual results and bonuses will drive trading in London again next week, with Royal Bank of Scotland and Lloyds Banking Group reporting. On the economic data front, investors are also eager to hear the latest news on the state of the UK public financ
Published 21 Feb, 2011 12:00am
European debt deal to embolden stock value-hunters

European debt deal to embolden stock value-hunters

European stocks are cheap compared with US peers and January's fund flows stateside are set to reverse if eurozone leaders succeed in their mission to end the regional debt crisis. The risk of a sovereign default, as measured by the Markit iTraxx SovX Wes
Published 21 Feb, 2011 12:00am
US mortgage bond highlights rating debate

US mortgage bond highlights rating debate

A small US residential mortgage bond issue this week is giving the latest hints of how investors will assess risk on the type of bond whose failure was central to the 2007-09 financial crisis. The structure of the $290 million bond from real estate invest
Published 21 Feb, 2011 12:00am
US mortgage bond highlights rating debate

US mortgage bond highlights rating debate

A small US residential mortgage bond issue this week is giving the latest hints of how investors will assess risk on the type of bond whose failure was central to the 2007-09 financial crisis. The structure of the $290 million bond from real estate invest
Published 21 Feb, 2011 12:00am
Wall Street Weekahead: 'buy everything' sentiment continues

Wall Street Weekahead: 'buy everything' sentiment continues

Investors will continue to ride the speediest rally in US stocks since the Great Depression despite growing concerns that the market is overbought and due for a correction. Wall Street posted its third consecutive week of gains with the S&P 500 now up 6.8
Published 21 Feb, 2011 12:00am
Japanese stocks seen holding firm

Japanese stocks seen holding firm

Japanese shares are likely to hold firm in the week ahead due to upward momentum in overseas markets although profit taking may set in after the Nikkei hit nine-and-a-half-month highs, brokers said. "Tokyo shares kept edging up in recent days although the
Published 21 Feb, 2011 12:00am
Currency hopes support inflation-hit emerging bonds

Currency hopes support inflation-hit emerging bonds

Currency appreciation bets have taken centre-stage in emerging bond investors' strategies for 2011 as they hope surging inflation will force central banks across the developing world to let exchange rates rise. Central banks have accelerated the pace of i
Published 21 Feb, 2011 12:00am
Currency hopes support inflation-hit emerging bonds

Currency hopes support inflation-hit emerging bonds

Currency appreciation bets have taken centre-stage in emerging bond investors' strategies for 2011 as they hope surging inflation will force central banks across the developing world to let exchange rates rise. Central banks have accelerated the pace of i
Published 21 Feb, 2011 12:00am
China needs freer yuan, current account target

China needs freer yuan, current account target

China should make the yuan more flexible and cap the country's current account surplus to help rebalance the economy, said one of a group of influential Chinese economists pushing for faster exchange rate reform. Calls among Chinese academics for greater
Published 21 Feb, 2011 12:00am
China's SAIC shares to remain suspended all week

China's SAIC shares to remain suspended all week

Trading in the shares of SAIC Motor Corp, China's top car maker, will remain suspended for another five working days from Monday, the company said in a filing with the Shanghai Stock Exchange. Trading in SAIC Motor has been halted since February 14 after
Published 21 Feb, 2011 12:00am
Yunus targets 'loan shark' microlenders

Yunus targets 'loan shark' microlenders

Bangladesh's Nobel laureate Muhammad Yunus has labelled profit-driven microfinance firms "loan sharks" who undermine the small-credit schemes that he pioneered to help tackle poverty. Yunus, who won the Nobel Peace Prize in 2006 for making loans available
Published 21 Feb, 2011 12:00am
US arrest CS banker as material witness

US arrest CS banker as material witness

US authorities have arrested a Credit Suisse banker as a "material witness" as they investigate other banks that may have helped Americans to avoid paying taxes, Swiss newspaper SonntagsZeitung reported on Sunday. The banker is not allowed to leave the Un
Published 21 Feb, 2011 12:00am
Bahrain lender AUB fourth quarter profit surges

Bahrain lender AUB fourth quarter profit surges

Bahrain's Ahli United Bank, the country's largest bank, posted a big jump in quarterly net profit on Sunday, boosted by gains in net interest income and growth in private and commercial banking. Net profit in the quarter ended December 31 rose to $64.4 mi
Published 21 Feb, 2011 12:00am
Bahrain lender AUB fourth quarter profit surges

Bahrain lender AUB fourth quarter profit surges

Bahrain's Ahli United Bank, the country's largest bank, posted a big jump in quarterly net profit on Sunday, boosted by gains in net interest income and growth in private and commercial banking. Net profit in the quarter ended December 31 rose to $64.4 mi
Published 21 Feb, 2011 12:00am
Rolls-Royce to unveil electric car next month

Rolls-Royce to unveil electric car next month

Luxury car maker Rolls-Royce announced Sunday it had developed its first electric-powered vehicle, which will be unveiled at the Geneva Motor Show on March 1. The English company will use the one-off Phantom 102EX to see how customers respond to a fully e
Published 21 Feb, 2011 12:00am
Etisalat deal at risk as Zain snubs Saudi ops bids

Etisalat deal at risk as Zain snubs Saudi ops bids

UAE telco Etisalat's $12 billion bid for a stake in Zain is in jeopardy after the Kuwaiti telecoms firm failed to meet a key condition and a major shareholder refused to allow more time for the deal. On Sunday Zain rejected all bids for the sale of its st
Published 21 Feb, 2011 12:00am
Dubai economy grew 2.5 percent in January-September 2010

Dubai economy grew 2.5 percent in January-September 2010

Dubai's economy grew 2.5 percent in the first nine months of 2010, compared with the same period of the previous year, as trade and retail picked up, the head of the Gulf Arab emirate's statistics office said on Sunday.
Published 21 Feb, 2011 12:00am
Egyptian banks open

Egyptian banks open

Banks opened on Sunday after a week-long closure as Egypt's economy struggled to get back on its feet after political turmoil caused by the uprising that toppled Hosni Mubarak and subsequent labour protests.
Published 21 Feb, 2011 12:00am
Iraqi lawmakers pass 2011 budget of $82.6 billion

Iraqi lawmakers pass 2011 budget of $82.6 billion

Iraq's parliament gave final approval on Sunday to an $82.6 billion budget for 2011 based on an average oil price of $76.50 per barrel and 2.2 million barrels per day in crude exports. The deficit was projected at $13.4 billion. About 95 percent of Iraq's
Published 21 Feb, 2011 12:00am
BHP chief confident on China

BHP chief confident on China

BHP Billiton chief Marius Kloppers on Sunday expressed confidence in China's economic management and denied that his firm had caused a Chinese bid for arch-rival Rio Tinto to fail. BHP posted a 72 percent surge in half-year profit to $10.52 billion last w
Published 21 Feb, 2011 12:00am
Trichet says wage rises would be folly

Trichet says wage rises would be folly

European Central Bank President Jean-Claude Trichet warned on Sunday against raising wages in the eurozone as inflationary pressures heat up in the bloc. "It would be the stupidest thing to do," Trichet told France's Europe 1 radio, asked about pressure i
Published 21 Feb, 2011 12:00am
Greece favours buying back debt with EFSF funds

Greece favours buying back debt with EFSF funds

Greece has ruled out default and supports the idea of borrowing from the European Financial Stability Facility (EFSF) rescue fund to buy back part of its debt, the country's finance minister said on Sunday.
Published 21 Feb, 2011 12:00am
Greece favours buying back debt with EFSF funds

Greece favours buying back debt with EFSF funds

Greece has ruled out default and supports the idea of borrowing from the European Financial Stability Facility (EFSF) rescue fund to buy back part of its debt, the country's finance minister said on Sunday.
Published 21 Feb, 2011 12:00am
BoE credibility is not under threat, says Osborne

BoE credibility is not under threat, says Osborne

Britain has no plans to alter the Bank of England's inflation-fighting remit and Governor Mervyn King's support of fiscal tightening has not harmed the central bank's credibility, finance minister George Osborne said.
Published 21 Feb, 2011 12:00am
Iceland's president forces new Icesave referendum

Iceland's president forces new Icesave referendum

Iceland's president on Sunday triggered a referendum on an updated plan to pay $5 billion to Britain and Netherlands for debts incurred from the financial crisis, creating new uncertainty over the island's economic recovery.
Published 21 Feb, 2011 12:00am
China raises petrol, diesel prices

China raises petrol, diesel prices

China raised wholesale petrol and diesel prices by 350 yuan ($53) per tonne Sunday, the second rise in two months in the world's second-largest fuel consuming nation, the government announced. The hike, which marked about a 4.6 percent rise, came as the p
Published 21 Feb, 2011 12:00am
Toyota to launch home electric car chargers in 2012

Toyota to launch home electric car chargers in 2012

Toyota Motor Corp will launch home battery chargers for electric and plug-in hybrid cars next year as it starts selling new models of environmentally friendly cars, the Nikkei business daily reported on Sunday.
Published 21 Feb, 2011 12:00am
Kenya, Canada steamrollered at World Cup

Kenya, Canada steamrollered at World Cup

New Zealand crushed Kenya Sunday in an embarrassingly one-sided World Cup mismatch and joint hosts Sri Lanka destroyed Canada on a sobering day for the minnows of the game. Kenya were beaten by 10 wickets after being dismissed for just 69 - their lowest e
Published 21 Feb, 2011 12:00am
Kenya, Canada steamrollered at World Cup

Kenya, Canada steamrollered at World Cup

New Zealand crushed Kenya Sunday in an embarrassingly one-sided World Cup mismatch and joint hosts Sri Lanka destroyed Canada on a sobering day for the minnows of the game. Kenya were beaten by 10 wickets after being dismissed for just 69 - their lowest e
Published 21 Feb, 2011 12:00am
Jayawardene hits record quick ton

Jayawardene hits record quick ton

Mahela Jayawardene smashed an 81-ball century, the fastest by a Sri Lankan in the World Cup to set up a 210-run victory over Canada on Sunday in Group A. Jayawardene blasted a six and nine fours in his 100 to set up a hefty 332-7 after Sri Lanka won the t
Published 21 Feb, 2011 12:00am
List of 10 worst World Cup totals

List of 10 worst World Cup totals

List of 10 lowest World Cup totals following Kenya's 10-wicket defeat in a World Cup Group A match against New Zealand on Sunday (team, total, opposition, venue, World Cup edition):

Published 21 Feb, 2011 12:00am
PFF announces organising body for Pak-Palestine Lahore Test

PFF announces organising body for Pak-Palestine Lahore Test

Pakistan Football Federation (PFF)'s President has approved local organisation committee (LOC) for Lahore Football Test to be played between Pakistan and Palestine on 1st March at Punjab Stadium, Ferozpur Road.
Published 21 Feb, 2011 12:00am
Wozniacki wins Dubai title

Wozniacki wins Dubai title

Caroline Wozniacki took just 75 minutes to defeat 16th seeded Russian Svetlana Kuznetsova 6-1 6-3 in the final of the Dubai championships on Sunday. The top-seeded Dane had never advanced beyond the third round of the tournament before, but she swept thro
Published 21 Feb, 2011 12:00am
FIFA will decide on World Cup slots next month

FIFA will decide on World Cup slots next month

FIFA will decide next month on the prickly question of how many places each continent will be allocated at the 2014 World Cup in Brazil, a member of the executive committee was reported as saying on Sunday.
Published 21 Feb, 2011 12:00am
Former-shuttler Tariq Shaheed dies

Former-shuttler Tariq Shaheed dies

Former Pakistan Badminton player Tariq Shaheed died here on Sunday morning after heart attack. He was 48 and left behind three daughters, one son and a widow to mourn his death.
Published 21 Feb, 2011 12:00am
Prior thankful for Mushtaq spin school

Prior thankful for Mushtaq spin school

Matt Prior paid tribute Sunday to the influence of former Pakistan leg-break bowler Mushtaq Ahmed after being labelled England's best player of spin by team-mate Stuart Broad.
Published 21 Feb, 2011 12:00am
Sri Lanka relaxes ban on banners, posters at grounds

Sri Lanka relaxes ban on banners, posters at grounds

Sri Lanka officials on Sunday relaxed an earlier ban on spectators carrying banners and posters in to World Cup playing venues, police said. Sri Lanka, co-host of the World Cup with Bangladesh and India, is hosting 12 matches including the quarter-finals
Published 21 Feb, 2011 12:00am
Charged-up Pakistan ready for World Cup

Charged-up Pakistan ready for World Cup

Pakistan team manager Intikhab Alam said Sunday his unpredictable team were fully charged up for the World Cup despite losing their last warm-up against England. "The boys are confident of launching their World Cup campaign on a positive note," Alam told
Published 21 Feb, 2011 12:00am
Delhi police swoop on gambling syndicates

Delhi police swoop on gambling syndicates

Three betting syndicates were broken and eight arrests made in a crackdown on illegal gambling on the Cricket World Cup, New Delhi police said on Sunday. The Press Trust of India reported that police raided a hotel in central Delhi and seized laptops, mob
Published 21 Feb, 2011 12:00am
Soderling wins third tournament of year

Soderling wins third tournament of year

Sweden's two-time French Open finalist Robin Soderling won his third tournament of the year here on Sunday, beating unseeded Croat Marin Cilic 6-7 (10/8), 6-3, 6-3 in the final of the Marseille Open. Soderling, the top seed and world number four, had prev
Published 21 Feb, 2011 12:00am
Rizwan Cheema a fan of Imran Khan

Rizwan Cheema a fan of Imran Khan

Swashbuckling Canadian batsman Rizwan Cheema said Sunday he is a huge fan of Pakistan great Imran Khan, setting his sights on emulating the World Cup-winning skipper. Imran, who lifted the World Cup for Pakistan in 1992, was one of the world's top all-rou
Published 21 Feb, 2011 12:00am
Miandad hails Tendulkar

Miandad hails Tendulkar

Former Pakistan captain Javed Miandad Sunday hailed record-breaking Indian maestro Sachin Tendulkar who equalled his record of playing in six World Cup editions. Tendulkar, whose first World Cup was in 1992 which Pakistan won, has now featured in six Worl
Published 21 Feb, 2011 12:00am
Fast bowlers ready to outwit batsmen with reverse swing

Fast bowlers ready to outwit batsmen with reverse swing

The mystifying art of swinging the ball in an unconventional way to bamboozle batsmen will be in huge demand on the placid pitches of the subcontinent during the Cricket World Cup. Typically, swing bowlers use the new ball to deviate it in the air to outw
Published 21 Feb, 2011 12:00am
Wal-Mart's pain should be Toys R Us gain

Wal-Mart's pain should be Toys R Us gain

Wal-Mart Stores Inc made a few wrong moves in the all-important holiday toy sales game, a timely blessing for Toys R Us Inc, which is looking to go public. From slashing its selection of toys to waiting until the 11th hour to convert garden centers into t
Published 21 Feb, 2011 12:00am
Dubai's Arqaam Capital eyes M&A deals

Dubai's Arqaam Capital eyes M&A deals

Dubai-based regional investment bank Arqaam Capital sees growing opportunities for cross-border mergers and acquisitions in the mid-cap space, and is working on at least six such deals, its head of corporate finance said. Tamer Makary said the bank was in
Published 21 Feb, 2011 12:00am
Airline alliances aid Delta expansion

Airline alliances aid Delta expansion

Delta Air Lines Inc is counting on ties with Asian carriers to expand its route network in China and boost revenue in one of the world's fastest growing travel markets. The company's Asia-Pacific chief also said joint ventures with foreign carriers could
Published 21 Feb, 2011 12:00am
Islamic insurer sees opportunity after Egypt crisis

Islamic insurer sees opportunity after Egypt crisis

Tokio Marine Middle East, an Islamic insurance services provider, sees an opportunity to expand its business in Egypt following the recent political turmoil, the company's chief executive told Reuters.
Published 21 Feb, 2011 12:00am
JP Morgan unit sees China stocks constrained

JP Morgan unit sees China stocks constrained

China's main share index is not likely to rise much in the first half of 2011 because of worries over monetary tightening, but many sectors are now at attractive valuations, a fund manager at J. PMorgan's JF China Fund said on February 17.
Published 21 Feb, 2011 12:00am
Intel to invest $5 billion in new Arizona plant

Intel to invest $5 billion in new Arizona plant

US computer chip giant Intel announced plans on February 18 to invest more than $5 billion to build a new state-of-the-art chip manufacturing facility in Arizona. The announcement was made by Intel president and chief executive Paul Otellini during a visi
Published 21 Feb, 2011 12:00am
Mizuho eyes expansion in Asia

Mizuho eyes expansion in Asia

Mizuho Financial Group plans to expand into Myanmar, Laos and Bangladesh as early as the business year starting in April in a bid to tap growing markets as lending at home dwindles, the head of its international banking unit said.
Published 21 Feb, 2011 12:00am
Smartphone top US electronics buy in 2011: survey

Smartphone top US electronics buy in 2011: survey

US consumers are more likely to buy a smartphone than any other electronic gadget this year, according to a new survey. Technology research company Gartner said on February 17 that consumers in the United States are more likely to buy a smartphone in 2011
Published 21 Feb, 2011 12:00am
Chrome users may block unwanted websites

Chrome users may block unwanted websites

Google on February 14 gave users of its Chrome Web browser the ability to block search results from low-quality websites known as content farms. Google's principal engineer Matt Cutts said Chrome users can download and install an extension for Chrome that
Published 21 Feb, 2011 12:00am
Orange launches low-cost branded tablet

Orange launches low-cost branded tablet

Mobile operator Orange launched on February 15 a tablet computer under its own brand in four European countries as a cheaper alternative to Apple's iPad.
Published 21 Feb, 2011 12:00am
RIM promises faster tablet this year

RIM promises faster tablet this year

RIM, the Canadian company that makes the Blackberry, announced on February an upgrade to its tablet computers that will connect the newest device to super-fast fourth-generation networks this year. A RIM executive, Patrick Spence, said one new Playbook mo
Published 21 Feb, 2011 12:00am
Venice launches virtual tour of canals

Venice launches virtual tour of canals

Internet users can now travel along the canals of Venice from the comfort of their own homes to prepare their trips, with a new website launched by the picturesque city's local government on February 17. The website - http://maps.veniceconnected.it - is m
Published 21 Feb, 2011 12:00am
Microsoft to bring full power of web to phones

Microsoft to bring full power of web to phones

Microsoft announced on February 14 an Internet-friendly revamp of its Windows Phone operating system to help capture new territory in the smartphone wars. Microsoft chief Steve Ballmer unveiled a series of improvements this year to Windows Phone, which go
Published 21 Feb, 2011 12:00am
Google makes Web search more social

Google makes Web search more social

Google is making Web search more social, weaving posts from the Twitter, Flickr, Blogger and other accounts of a user's friends into search results. The move is an expansion of "Google Social Search," which the Internet giant introduced in 2009.
Published 21 Feb, 2011 12:00am
Older people wary of smartphones, German statistics show

Older people wary of smartphones, German statistics show

Older people remain wary of smartphones with their smaller displays, German statistics showed on February 14, the same day as the start of the Mobile World Congress expo in Barcelona devoted to mobile computing.
Published 21 Feb, 2011 12:00am
Fight computer viruses like epidemics: Microsoft

Fight computer viruses like epidemics: Microsoft

Microsoft on February 15 advocated fighting pernicious computer viruses with public health tactics used to stop the spread of SARS, H1N1 and other dangerous real world bugs.
Published 21 Feb, 2011 12:00am
HTC launches social smartphones with Facebook

HTC launches social smartphones with Facebook

Facebook users will be able to show friends their exact GPS location as well as sharing text and photos with new smartphones launched here on February 15 by top Taiwan device maker HTC. The smartphone maker collaborated with Facebook in the design of two
Published 21 Feb, 2011 12:00am
Smartphones the new El Dorado for computer criminals

Smartphones the new El Dorado for computer criminals

Smartphones are the new El Dorado for computer criminals and many owners are unaware of the risk or what to do about it, security experts warn. As sales of smartphones and tablets have started to outpace those of personal computers, criminals are increasi
Published 21 Feb, 2011 12:00am
New mobile can check pulse, send ambulance

New mobile can check pulse, send ambulance

You probably have good reason to worry if you get a call on your mobile phone with the following message: "Sir, an ambulance is on the way." That's the worst call you can receive if you buy a new EPI Life mobile phone, which comes complete with mini elect
Published 21 Feb, 2011 12:00am
Cell-based flu shot beats current vaccine

Cell-based flu shot beats current vaccine

Flu vaccines made from lab-grown cells work at least as well as those derived from viruses cultivated in chicken eggs, the preferred method for 50 years, according to a study released on February 16. The findings, reported in The Lancet, could help speed
Published 21 Feb, 2011 12:00am
Rising seas threaten 180 US cities by 2100: study

Rising seas threaten 180 US cities by 2100: study

Rising seas spurred by climate change could threaten 180 US coastal cities by 2100, a new study says, with Miami, New Orleans and Virginia Beach among those most severely affected.
Published 21 Feb, 2011 12:00am
US hepatitis C cases down sharply since 1980s

US hepatitis C cases down sharply since 1980s

New infections of the liver with hepatitis C virus are far less common these days in the US compared to the early 1980s, a new government study finds. According to the new study by researchers at the US Centres for Disease Control and Prevention (CDC), in
Published 21 Feb, 2011 12:00am
Kenya starts pneumonia vaccine campaign

Kenya starts pneumonia vaccine campaign

A new vaccine to protect against pneumonia, the world's leading killer of children under five, was launched in Kenya on February 16, one of 19 developing countries which will introduce the vaccine this year.
Published 21 Feb, 2011 12:00am
China adopts heavy metal reduction plan

China adopts heavy metal reduction plan

China has adopted a plan to tackle heavy-metal pollution, state media reported on February 19, after more than 30 major poisoning incidents since 2009. The government has set a target of reducing emissions of five metals - lead, mercury, chromium, cadmium
Published 21 Feb, 2011 12:00am
China rice laced with heavy metals: report

China rice laced with heavy metals: report

Up to 10 percent of rice grown in China is contaminated with harmful heavy metals but little has been done to highlight the possible public health risks, a report said. This week's edition of the New Century magazine cited studies showing that large amoun
Published 21 Feb, 2011 12:00am
Seminar on 'Food Security' held

Seminar on 'Food Security' held

Government should provide certified seeds, pesticides and fertiliser to small farmers and facilitate them that they get market original price and could improve their livelihood. It was observed by speakers in a seminar entitled "Food Security" jointly org
Published 21 Feb, 2011 12:00am
Shrinking foreign investment

Shrinking foreign investment

A downturn in Net Foreign Investment (NFI), visible during the first half of the current fiscal year, has suddenly reversed during January, 2011 but, for all intents and purposes, the real productive gains to the economy from the transfer of funds from ab
Published 21 Feb, 2011 12:00am
The frustration is mutual

The frustration is mutual

The United Sates is an independent sovereign country, and so is Pakistan. In their own ways, they pursue their national interests, an effort that sometimes brings them closer to each other and sometimes they stand apart. No two countries can have one hund
Published 21 Feb, 2011 12:00am
What and who to tax?

What and who to tax?

The Federal Board of Revenue (FBR), the tax collecting arm of the government, has come under considerable criticism from the ministers as well as members of the Opposition. There is a consensus that something must change if the country is to move towards
Published 21 Feb, 2011 12:00am
House budget cuts raise prospect of US government shutdown

House budget cuts raise prospect of US government shutdown

Historic spending cuts approved by the US House of Represen-tatives face a grim future in the Senate, raising prospects of a government shutdown and ramping up the public relations blame game. After a marathon floor debate running well past midnight, the
Published 21 Feb, 2011 12:00am
Young filmgoers have their say at Berlin Film Festival

Young filmgoers have their say at Berlin Film Festival

Children may not be the easiest crowd to impress, but Iranian filmmaker Mohammad Ali Talebi had them cheering at the Berlin Film Festival premiere of his latest film this week. Wind and Fog is among the works being considered for Crystal Bears, the awards
Published 21 Feb, 2011 12:00am
Experts fear worst water crises in next few years

Experts fear worst water crises in next few years

The country is going to face the worst water shortage in next couple of years due to insufficient water management practices and storage capacity, agriculture, experts said on Sunday.
Published 21 Feb, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (February 14 to 19, 2011)

Published 21 Feb, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (February 20, 2011) and the forecast for Monday (February 21, 2011).

Published 21 Feb, 2011 12:00am
Thousands demand change in Morocco: Libyans seize streets

Thousands demand change in Morocco: Libyans seize streets

Libyan security forces opened fire on protesters in the country's second city Benghazi on Sunday, a witness said, after scores died in one of the bloodiest days of protests sweeping the Arab world. Residents said tens, perhaps hundreds of thousands of pro
Published 21 Feb, 2011 12:00am
Thousands demand change in Morocco: Libyans seize streets

Thousands demand change in Morocco: Libyans seize streets

Libyan security forces opened fire on protesters in the country's second city Benghazi on Sunday, a witness said, after scores died in one of the bloodiest days of protests sweeping the Arab world. Residents said tens, perhaps hundreds of thousands of pro
Published 21 Feb, 2011 12:00am
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