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Archive - 2011-03-28
Oil prices mixed
Energy

Oil prices mixed

LONDON: World oil prices were mixed on Monday, with the market keeping careful watch on political instability in Libya a
Published 28 Mar, 2011 10:58pm
Oil down $1 on firmer dollar
Energy

Oil down $1 on firmer dollar

LONDON: Oil retreated on Monday, with both US and Brent crude down over a dollar, after Libyan rebel regained control of
Published 28 Mar, 2011 03:27pm
SBP conducts OMO
Top News

SBP conducts OMO

KARACHI: The SBP offered treasury bills and Pakistan Investment Bonds (PIBs) worth Rs 53.750 billion and accepted bids
Published 28 Mar, 2011 11:40am
Two Nato trailers torched in Kalat
Top News

Two Nato trailers torched in Kalat

KALAT: A driver was injured and two Nato trailers were set alight at Sorab area of Kalat district on Monday, according t
Published 28 Mar, 2011 10:58am
India arrests 16 Somali pirates
Asia

India arrests 16 Somali pirates

NEW DELHI: The Indian navy has arrested 16 Somali pirates and freed the same number of crewmen after a battle with a hij
Published 28 Mar, 2011 10:02am
Weekly inflation decreases 0.18pc
Top News

Weekly inflation decreases 0.18pc

ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended on 24 March, for the lowest income group up to Rs.3,0
Published 28 Mar, 2011 09:10am
Obama: 'We stopped massacre in Libya'
Top News

Obama: 'We stopped massacre in Libya'

WASHINGTON: A defiant President Barack Obama Monday told Americans he had stopped a "massacre" in Libya, but bluntly war
Published 28 Mar, 2011 06:01am
P&G and Unilever raise prices in China
Top News

P&G and Unilever raise prices in China

SHANGHAI: Procter & Gamble and Unilever will raise their prices on detergent and soap in China by up to 15 percent next
Published 28 Mar, 2011 04:29am
KSE: Looking for a direction
BR Research

KSE: Looking for a direction

A change of hands is taking place at the Karachi Stock Exchange. After months of reliance on foreign portfolio to drive KSE-100s rally, the
Published 28 Mar, 2011 12:00am
DAP subsidy might be on the tap
BR Research

DAP subsidy might be on the tap

The recent fertiliser statistics for February 2011 released by the National Fertilizer Development Centre (NFDC) posted a rather stable pict
Published 28 Mar, 2011 12:00am
Chinas growing trade clout
BR Research

Chinas growing trade clout

The red dragon has found its way to media highlights again. This time around, its the potential of global trade of the country which is bein
Published 28 Mar, 2011 12:00am
US misses goal to wipe out tuberculosis by 2010

US misses goal to wipe out tuberculosis by 2010

The United States last year saw a sizable drop in the number of tuberculosis cases, but missed its goal of eradicating the disease by 2010, US health officials said on March 25.
Published 28 Mar, 2011 12:00am
Australia carries out first hand transplant

Australia carries out first hand transplant

A man who lost his hands and feet to a bacterial infection four years ago has become Australia's first recipient of a hand transplant, a report said on March 24. Peter Walsh, 65, underwent the successful nine-hour operation in Sydney this week.
Published 28 Mar, 2011 12:00am
Healthy diet, exercise are keys to weight loss

Healthy diet, exercise are keys to weight loss

An appraising look in the mirror says it all. That New Year's resolution, "I'm going to lose weight!," is stuck in the starting blocks. But now spring is around the corner and you want to fight the fat. Experts advise, however, against the first fad diet
Published 28 Mar, 2011 12:00am
Drug prevents diabetes in high-risk people

Drug prevents diabetes in high-risk people

Actos, a medicine that treats adult onset diabetes, also prevented the development of the disease in more than 70 percent of people who are considered high risk, according to findings announced on March 23.
Published 28 Mar, 2011 12:00am
Chemicals in clothing can cause allergic reactions

Chemicals in clothing can cause allergic reactions

If the crooks of your arms are suddenly covered with itchy red pustules, a new sweater may be to blame. Many textiles contain numerous chemicals that, if not bound tightly in the fabric, can rub off on the skin and cause allergic reactions.
Published 28 Mar, 2011 12:00am
Four suspected murderers of two Afghan nationals held

Four suspected murderers of two Afghan nationals held

Islamabad Police in a very short span of time has succeeded in tracing the murderers of two Afghan nationals and nabbed four persons for their alleged involvement in the crime. The Capital Police arrested four accused allegedly involved in the murder of t
Published 28 Mar, 2011 12:00am
Prime Minister's decision hailed

Prime Minister's decision hailed

Khyber Pakhtunkhwa Sports Minister, Syed Aqil Shah here Sunday welcomed Prime Minister, Syed Yusuaf Raza Gilani's decision to watch Cricket World Cup semi-final in Mohali on March 30 after accepting the invitation of Indian counterpart, Dr Manmohan Singh.
Published 28 Mar, 2011 12:00am
8,500 more Baloch youths to be inducted in Army, FC

8,500 more Baloch youths to be inducted in Army, FC

As many as 8,500 Baloch youths would join armed and paramilitary forces of Pakistan of which about 4000 individuals hailing from far-flung areas of the province serve the Pak Army. Commandant, Command and Staff College Quetta Lieutenant General Khalid Rab
Published 28 Mar, 2011 12:00am
Obituary

Obituary

Abdul Ghani father of Irshad Ghani director IT PIA has expired here on Sunday. He was 80. His funeral prayer will be offered today (Monday) after Zuhar prayer at Masjid-e- Shafqat Gate 2 Phase 4 Defence graveyard, said a press release.
Published 28 Mar, 2011 12:00am
MQM to form its Central Council

MQM to form its Central Council

Deputy convenor, Muttahida Qaumi Movement (MQM), Rabita Committee, Dr Farooq Sattar on Sunday announced to form the Central Council (CC) of MQM. He was addressing a press conference at Khursheed Begum Memorial Hall Azizabad.
Published 28 Mar, 2011 12:00am
Eight-inch gas pipeline blown up in Dera Bugti

Eight-inch gas pipeline blown up in Dera Bugti

Unidentified men blew up 8-inch gas pipeline with explosive material in Sui area of Dera Bugti district on Sunday. "Unknown men had planted explosives with 8-inch gas supply pipeline in Sui area and detonated it," Levies sources said adding that sabotage
Published 28 Mar, 2011 12:00am
Forward cover facility against imports

Forward cover facility against imports

Central bank of the country appears to be in a confident mood. On Tuesday, the 22nd of March, 2011, the State Bank of Pakistan lifted its ban on forward cover for importers after a period of about three years, allowing them to book dollars for their futur
Published 28 Mar, 2011 12:00am
Mistrust remains

Mistrust remains

The arrival of US Congressmen here to showcase their narrative has no more takers in Pakistan, a truth the American lawmakers must have learnt firsthand during the visit. Of course, given his status, President Zardari's position was guarded, not as frank
Published 28 Mar, 2011 12:00am
President's address

President's address

In pursuance of meeting his constitutional obligations President Asif Ali Zardari selected March 22 as the day he addressed the joint session of parliament. The flurry of political activity that this generated would have been inexplicable in any democrati
Published 28 Mar, 2011 12:00am
Tying markets

Tying markets

A friend went to buy some shalwar-kameez suits. She came back quite frustrated. For many of the prints she liked, the sellers insisted on selling 'three piece' suits to her. They wanted her to have x yards for a shirt, y for a shalwar and z for a dupatta.
Published 28 Mar, 2011 12:00am
Analysts link Arab winds of change to school texts

Analysts link Arab winds of change to school texts

The winds of change sweeping the Arab world have got as much to do with school textbooks as with Facebook and Twitter, two Germany-based analysts say. Tunisian philosophy teacher Sarhan Dhouib and German sociologist Susanne Kroehnert-Othman have been stud
Published 28 Mar, 2011 12:00am
Iraq, Afghanistan and now Libya! Where will US stop?

Iraq, Afghanistan and now Libya! Where will US stop?

Through your esteemed column I would like to say that one more Islamic country, Libya, has been a victim of the wrong policies of the ruler Qadhafi! The US struck 112 Tomahawks missiles at Libya, which cost 7.28 billion rupees approximately.
Published 28 Mar, 2011 12:00am
Attempt to blow up Egypt's gas pipeline

Attempt to blow up Egypt's gas pipeline

An attempt to blow up Egypt's pipeline pumping gas to Israel and Jordan failed after the planted bombs did not explode, an Egyptian security official said Sunday. Forces imposed tight security around Sinai peninsula-based pumping station, the source added
Published 28 Mar, 2011 12:00am
Egypt to recognise new South Sudan

Egypt to recognise new South Sudan

Egypt will recognise South Sudan as an independent state after it voted to secede from Khartoum, Egyptian Foreign Minister Nabil Elaraby said on his first visit abroad since an uprising ousted Hosni Mubarak. The new government also said it would introduce
Published 28 Mar, 2011 12:00am
Taliban claims to have kidnapped 50 Afghan police

Taliban claims to have kidnapped 50 Afghan police

The Taliban claimed Sunday that it kidnapped 50 Afghan policemen in north-eastern Afghanistan part of the insurgents' murder and intimidation campaign against anyone affiliated with the US-backed government. Also Sunday, a Nato service member was killed i
Published 28 Mar, 2011 12:00am
Disaster-hit Japan faces protracted nuclear crisis

Disaster-hit Japan faces protracted nuclear crisis

Japan appeared resigned on Monday to a long fight to contain the world's worst atomic crisis in 25 years after high radiation levels complicated work at its crippled nuclear plant. Engineers have been battling to control the six-reactor Fukushima complex
Published 28 Mar, 2011 12:00am
Israel deploys first anti-rocket system near Gaza

Israel deploys first anti-rocket system near Gaza

Israel deployed a long-anticipated rocket shield outside the Gaza Strip on Sunday but cautioned Israelis under fire from the Hamas-run territory that they would not be completely protected.
Published 28 Mar, 2011 12:00am
Israel strike kills two in Gaza

Israel strike kills two in Gaza

An Israeli air strike killed two Gaza militants Sunday, threatening to prompt more tit-for-tat attacks a day after militants committed to calm if Israel reciprocated. "Two Palestinians were killed and another wounded Sunday morning in an Israeli air raid
Published 28 Mar, 2011 12:00am
Thousands march streets of LA for organised labour

Thousands march streets of LA for organised labour

Thousands of union leaders and workers marched through the streets of downtown Los Angeles on Saturday, vowing and shouting that they would fight for organised labour in California after recent union setbacks in Wisconsin and other states.
Published 28 Mar, 2011 12:00am
Reuters journalist expelled from Syria

Reuters journalist expelled from Syria

A Reuters journalist has been expelled from Syria after authorities accused him of filing "unprofessional and false" reports on the country's unrest, the agency reported on its website Sunday. Senior correspondent Khaled Yacoub Oweis, a Jordanian national
Published 28 Mar, 2011 12:00am
Syrian pro-government demonstration in Beirut turns bloody

Syrian pro-government demonstration in Beirut turns bloody

A Syrian worker was shot and wounded Sunday while taking part in a protest to support the regime of Syrian President Bashar Al-Assad in the Christian area of the Lebanese capital. According to Lebanese police a passenger in a passing car shot at the Syria
Published 28 Mar, 2011 12:00am
No US military action planned on Syria for now: Clinton

No US military action planned on Syria for now: Clinton

US Secretary of State Hillary Clinton on Sunday said the United States currently has no intention of launching a military intervention in Syria, despite its brutal crackdown that has left dozens of protesters dead.
Published 28 Mar, 2011 12:00am
Jordan parliament rejects calls to limit king's powers

Jordan parliament rejects calls to limit king's powers

Jordan's lower house of parliament on Sunday rejected opposition calls to limit King Abdullah II's constitutional powers as part of targeted political reforms. "The house categorically rejects political blackmail and calls by some people for limiting the
Published 28 Mar, 2011 12:00am
King urges unity after unrest

King urges unity after unrest

Jordan's King Abdullah II called for national unity on Sunday, two days after a man died and 160 people were injured in clashes between protesters and government supporters. "The most important thing now is our national unity, which must not be touched,"
Published 28 Mar, 2011 12:00am
Yemen transfer talks stall as army, militants clash

Yemen transfer talks stall as army, militants clash

Talks to end a stand-off over Yemeni President Ali Abdullah Saleh's rule have stopped without a plan to resume, opposition figures said on Sunday, as clashes erupted between the army and militants in the south.
Published 28 Mar, 2011 12:00am
Libya turmoil could destabilise Egypt, Tunisia, says Gates

Libya turmoil could destabilise Egypt, Tunisia, says Gates

The United States intervened militarily in Libya partly because the turmoil there could threaten recent democratic revolutions in Egypt and Tunisia, Defence Secretary Robert Gates said Sunday. After criticism from US lawmakers who feel Congress should hav
Published 28 Mar, 2011 12:00am
Pope calls for suspension of use of arms in Libya

Pope calls for suspension of use of arms in Libya

Pope Benedict called on Sunday for the "suspension of the use of arms" in the Libya crisis and expressed concern for civilian populations, an appeal that appeared to include the use of outside force.
Published 28 Mar, 2011 12:00am
German minister affirms that Muslims belong to Germany society

German minister affirms that Muslims belong to Germany society

Germany's top official for relations with the Islamic community, Interior Minister Hans-Peter Friedrich, affirmed Sunday that Muslims belonged in German society, backing away from earlier remarks that had upset some Muslims.
Published 28 Mar, 2011 12:00am
Indonesian Muslims protest Libya violence

Indonesian Muslims protest Libya violence

Thousands of Indonesian Muslims rallied peacefully in the Indonesian capital on Sunday to condemn the coalition air strikes in Libya and urge leader Moamer Kadhafi to step down. Protesters from the Islam-based Prosperous Justice Party (PKS) shouted "Libya
Published 28 Mar, 2011 12:00am
Two bullet-riddled bodies found

Two bullet-riddled bodies found

Two dead bodies were found in Quetta and Awaran areas on Sunday. According to details, police found a dead body with bullet wounds during patrolling along Qambrnai Road in the suburbs of the city. Another dead body was recovered from the mountains in Awar
Published 28 Mar, 2011 12:00am
Weather remains dry in most parts of country

Weather remains dry in most parts of country

Mercury rose to 37.2 degree celsius here on Sunday as plains of Punjab and Sindh experienced a hot day which was good for maturity of Rabi crops including strategic wheat, oil seeds, grams, etc. Meteorological department said here on Sunday that weather r
Published 28 Mar, 2011 12:00am
US regrets civilian casualties in drone strike

US regrets civilian casualties in drone strike

US Special Representative for Afghanistan and Pakistan, Ambassador Marc Grossman has expressed regrets over civilian casualties in Pakistan, paving way for resolving disagreement between the two allies after a drone strike in North Waziristan on March 17
Published 28 Mar, 2011 12:00am
Government spent Rs 20 billion on subsidising oil price: Dr Firdaus

Government spent Rs 20 billion on subsidising oil price: Dr Firdaus

The government has spent a healthy amount of Rs 20 billion on subsidising oil price in the country during the last six month. Addressing a press conference here Sunday Federal Minister for Information and Broadcasting Firdaus Ashiq Awan said that people h
Published 28 Mar, 2011 12:00am
Rana Mashhood attend Unique School System ceremony

Rana Mashhood attend Unique School System ceremony

Deputy Speaker Punjab Assembly Rana Mashhood Ahmed Khan here on Sunday attending a ceremony of Unique School System stated that unless education was provided to impoverished children of under developed areas, the nation would not stand on its feet. Beside
Published 28 Mar, 2011 12:00am
Over 100 shops gutted in Empress Market fire

Over 100 shops gutted in Empress Market fire

More than a hundred shops were gutted to ashes in the over century old Empress Market in a fire that broke out early on Sunday morning. A spokesman of Edhi Foundation said that no injuries or any harm to the people were reported from the spot.
Published 28 Mar, 2011 12:00am
Pak-India Secretary level talks begin today

Pak-India Secretary level talks begin today

The two-day Pakistan-India Secretary level talks will begin in New Delhi today (Monday). A delegation led by Interior Secretary Chaudhry Qamar-uz-Zaman left Lahore for New Delhi via Wahga Border on Sunday to attend the talks.
Published 28 Mar, 2011 12:00am
48th annual symposium of JPMC commences today

48th annual symposium of JPMC commences today

The 48th annual symposium of Jinnah Postgraduate Medical Centre (JPMC) with the theme "Health Profession and Community Understandings and Misunder-standings" will begin on Monday. Federal Secretary for Health, Nargis Sethi will open the three-day moot.
Published 28 Mar, 2011 12:00am
International moot on business management begins

International moot on business management begins

The two-day first "International Conference on Business Management" under the theme "Business, Academia & Government Partnership for a Better Future" begins here on Monday (today). The University of Management and Technology (UMT) is organising this two-d
Published 28 Mar, 2011 12:00am
Saarc moot on poverty alleviation today

Saarc moot on poverty alleviation today

Two-day South Asian Association for Regional Co-operation (Saarc) secretaries meeting on poverty alleviation would be held on March 28-29 to discuss the progress in implementing Saarc "Plan of Action on Poverty Alleviation".
Published 28 Mar, 2011 12:00am
South Korea sends 27 North Koreans home

South Korea sends 27 North Koreans home

South Korea repatriated on Sunday 27 North Koreans whose boat drifted into the South's waters last month, the South's Red Cross said, ending a row which threatened to further damage relations between the two Koreas. Four North Koreans who had also been ab
Published 28 Mar, 2011 12:00am
Israel, Russia sign space agreement

Israel, Russia sign space agreement

Israel and Russia have agreed to increase co-operation on space research and exploration. Israel Space Agency Director Zvi Kaplan says proposed projects include remote sensing of Earth from space, planetary studies and space medicine. He says the two nati
Published 28 Mar, 2011 12:00am
Leftist former soldier rises in Peru election

Leftist former soldier rises in Peru election

A left-leaning former army officer has risen quickly into contention for Peru's presidency may even be leading the tight five-person race for the first-round vote on April 10, according to a poll released Sunday. Ollanta Humala, who lost the 2006 election
Published 28 Mar, 2011 12:00am
Lightning hits plane after takeoff from Atlanta

Lightning hits plane after takeoff from Atlanta

An airplane bound for Detroit from Atlanta was hit by lightning shortly after takeoff and returned to the airport as storms rumbled through the state. AirTran Airways spoke-sman Christopher White says the plane was hit soon after it took off around 6:30 p
Published 28 Mar, 2011 12:00am
Canada banking watchdog warns of next global crisis

Canada banking watchdog warns of next global crisis

Canada's banking watchdog warned on Sunday that that the next global financial crisis may not be far off and that now is the time for regulators to get tough on the financial industry.
Published 28 Mar, 2011 12:00am
Ouattara rejects AU envoy for Ivorian crisis

Ouattara rejects AU envoy for Ivorian crisis

Alassane Ouattara, Ivory Coast's internationally recognised president, has rejected the African Union's nomination of an envoy to negotiate an end to the crisis in the country, questioning his impartiality.
Published 28 Mar, 2011 12:00am
Merkel's party loses power in rich German state

Merkel's party loses power in rich German state

Chancellor Angela Merkel's conservatives appeared set to lose power in a major regional stronghold on Sunday after early results suggested the anti-nuclear Greens were surging to their first ever state premiership.
Published 28 Mar, 2011 12:00am
Sarkozy party rebuked in French local elections

Sarkozy party rebuked in French local elections

French President Nicolas Sarkozy's ruling party suffered a rebuke in local elections Sunday that saw the Socialists surge and the Far Right cement its popularity ahead of next year's presidential vote.
Published 28 Mar, 2011 12:00am
Floods kill three in south Thailand

Floods kill three in south Thailand

Serious floods in the south of Thailand have killed three people and affected tens of thousands more, causing about $10 million of damage, officials said Sunday.
Published 28 Mar, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 21 to 26 2011)

Published 28 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (March 27, 2011) and the forecast for Monday (March 28, 2011).

Published 28 Mar, 2011 12:00am
President remits jail term of Indian convict

President remits jail term of Indian convict

President Asif Ali Zardari on Sunday remitted the remaining jail sentence of Indian convict Gopal Das, detained in jail for the past 27 years, on humanitarian grounds. Spokesperson to the President Farhatullah Babar said that the remission was granted on
Published 28 Mar, 2011 12:00am
President remits jail term of Indian convict

President remits jail term of Indian convict

President Asif Ali Zardari on Sunday remitted the remaining jail sentence of Indian convict Gopal Das, detained in jail for the past 27 years, on humanitarian grounds. Spokesperson to the President Farhatullah Babar said that the remission was granted on
Published 28 Mar, 2011 12:00am
Maldives court releases cricket World Cup terror suspect

Maldives court releases cricket World Cup terror suspect

Maldives police said Sunday they had released a man suspected of plotting an attack on the cricket World Cup taking place in South Asia. Maldivian national Iqbal Mohamed, 42, was arrested on March 10 as he arrived at Male International airport from Pakist
Published 28 Mar, 2011 12:00am
Maldives court releases cricket World Cup terror suspect

Maldives court releases cricket World Cup terror suspect

Maldives police said Sunday they had released a man suspected of plotting an attack on the cricket World Cup taking place in South Asia. Maldivian national Iqbal Mohamed, 42, was arrested on March 10 as he arrived at Male International airport from Pakist
Published 28 Mar, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

The rupee posted fresh gains against the dollar and euro on the currency market during the week, ended on March 26, 2011. On the interbank market, was higher by 9-paisa in terms of the US currency for buying at Rs85.35 and it also picked up 6-paisa for se
Published 28 Mar, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

The rupee posted fresh gains against the dollar and euro on the currency market during the week, ended on March 26, 2011. On the interbank market, was higher by 9-paisa in terms of the US currency for buying at Rs85.35 and it also picked up 6-paisa for se
Published 28 Mar, 2011 12:00am
Government to expand USC network to 10,000

Government to expand USC network to 10,000

The government has decided to expand the network of Utility Stores Corporation (USC) stores from 5,000 to 10,000 to increase the annual turn over of the corporation from Rs 50 billion to Rs 100 billion, it was learnt.
Published 28 Mar, 2011 12:00am
Government to expand USC network to 10,000

Government to expand USC network to 10,000

The government has decided to expand the network of Utility Stores Corporation (USC) stores from 5,000 to 10,000 to increase the annual turn over of the corporation from Rs 50 billion to Rs 100 billion, it was learnt.
Published 28 Mar, 2011 12:00am
Government to expand USC network to 10,000

Government to expand USC network to 10,000

The government has decided to expand the network of Utility Stores Corporation (USC) stores from 5,000 to 10,000 to increase the annual turn over of the corporation from Rs 50 billion to Rs 100 billion, it was learnt.
Published 28 Mar, 2011 12:00am
MoP seeks cabinet's nod to set up 'Gas utility courts'

MoP seeks cabinet's nod to set up 'Gas utility courts'

Ministry of Petroleum (MoP) has decided to seek the cabinet's approval to set up 'Gas utility courts' under Utility Companies Act 2010 in an effort to tighten the noose on non-payers, sources told this scribe.
Published 28 Mar, 2011 12:00am
MoP seeks cabinet's nod to set up 'Gas utility courts'

MoP seeks cabinet's nod to set up 'Gas utility courts'

Ministry of Petroleum (MoP) has decided to seek the cabinet's approval to set up 'Gas utility courts' under Utility Companies Act 2010 in an effort to tighten the noose on non-payers, sources told this scribe.
Published 28 Mar, 2011 12:00am
MoP seeks cabinet''s nod to set up ''Gas utility courts''

MoP seeks cabinet''s nod to set up ''Gas utility courts''

Ministry of Petroleum (MoP) has decided to seek the cabinet''s approval to set up ''Gas utility courts'' under Utility Companies Act 2010 in an effort to tighten the noose on non-payers, sources told this scribe.
Published 28 Mar, 2011 12:00am
Qatar ready to market east Libyan oil

Qatar ready to market east Libyan oil

A senior Libyan rebel official said on Sunday Gulf oil producer Qatar had agreed to market crude oil produced from east Libyan fields which are no longer in the control of Muammar Qadhafi. "We contacted the oil company of Qatar and thankfully they agreed
Published 28 Mar, 2011 12:00am
Qatar ready to market east Libyan oil

Qatar ready to market east Libyan oil

A senior Libyan rebel official said on Sunday Gulf oil producer Qatar had agreed to market crude oil produced from east Libyan fields which are no longer in the control of Muammar Qadhafi. "We contacted the oil company of Qatar and thankfully they agreed
Published 28 Mar, 2011 12:00am
Qatar ready to market east Libyan oil

Qatar ready to market east Libyan oil

A senior Libyan rebel official said on Sunday Gulf oil producer Qatar had agreed to market crude oil produced from east Libyan fields which are no longer in the control of Muammar Qadhafi. "We contacted the oil company of Qatar and thankfully they agreed
Published 28 Mar, 2011 12:00am
Assad deploys army in Syrian port

Assad deploys army in Syrian port

President Bashar al-Assad, facing the gravest crisis in his 11-year rule, deployed the army for the first time in nearly two weeks of protests after 12 people were killed in the north-west port of Latakia. Assad, 45, who has been silent since protests sta
Published 28 Mar, 2011 12:00am
Assad deploys army in Syrian port

Assad deploys army in Syrian port

President Bashar al-Assad, facing the gravest crisis in his 11-year rule, deployed the army for the first time in nearly two weeks of protests after 12 people were killed in the north-west port of Latakia. Assad, 45, who has been silent since protests sta
Published 28 Mar, 2011 12:00am
Nato takes total control over operations

Nato takes total control over operations

Nato ambassadors decided late Sunday to take over control of all United Nations-mandated military operations in Libya, including any airstrikes that are carried out to protect civilians from embattled leader Moamer Gaddafi's troops.
Published 28 Mar, 2011 12:00am
Nato takes total control over operations

Nato takes total control over operations

Nato ambassadors decided late Sunday to take over control of all United Nations-mandated military operations in Libya, including any airstrikes that are carried out to protect civilians from embattled leader Moamer Gaddafi's troops.
Published 28 Mar, 2011 12:00am
Bahrain opposition accepts Kuwait's offer to mediate

Bahrain opposition accepts Kuwait's offer to mediate

Bahrain's largest Shia opposition group Wefaq has accepted Kuwait's offer to mediate in talks with Bahrain's government to end a political crisis gripping the tiny kingdom, a member of Wefaq said on Sunday. Bahrain on March 16 ended weeks of protests by m
Published 28 Mar, 2011 12:00am
Bahrain opposition accepts Kuwait's offer to mediate

Bahrain opposition accepts Kuwait's offer to mediate

Bahrain's largest Shia opposition group Wefaq has accepted Kuwait's offer to mediate in talks with Bahrain's government to end a political crisis gripping the tiny kingdom, a member of Wefaq said on Sunday. Bahrain on March 16 ended weeks of protests by m
Published 28 Mar, 2011 12:00am
Clinton hints at strained US ties with Pakistan

Clinton hints at strained US ties with Pakistan

US Secretary of State Hillary Clinton described relations between the United States and Pakistan on Sunday as "very challenging," a tacit admission of strained ties between the key allies.
Published 28 Mar, 2011 12:00am
Clinton hints at strained US ties with Pakistan

Clinton hints at strained US ties with Pakistan

US Secretary of State Hillary Clinton described relations between the United States and Pakistan on Sunday as "very challenging," a tacit admission of strained ties between the key allies.
Published 28 Mar, 2011 12:00am
Index loses 54.48 points

Index loses 54.48 points

After witnessing a mixed trend at the Karachi share market during the outgoing week ended March 25, 2011, the KSE-100 index finally closed at the level of 11,552.13 points, with a net loss of 54.48 points on week-on-week basis.
Published 28 Mar, 2011 12:00am
Index loses 54.48 points

Index loses 54.48 points

After witnessing a mixed trend at the Karachi share market during the outgoing week ended March 25, 2011, the KSE-100 index finally closed at the level of 11,552.13 points, with a net loss of 54.48 points on week-on-week basis.
Published 28 Mar, 2011 12:00am
Index loses 54.48 points

Index loses 54.48 points

After witnessing a mixed trend at the Karachi share market during the outgoing week ended March 25, 2011, the KSE-100 index finally closed at the level of 11,552.13 points, with a net loss of 54.48 points on week-on-week basis.
Published 28 Mar, 2011 12:00am
Futures open interest up by 13 percent

Futures open interest up by 13 percent

The total open interest at the futures counter increased by 13 percent on week-on-week basis to Rs 1.653 billion. On the other hand, futures spreads declined by 159bps on week-on-week basis to 7.48 percent. The average daily volumes at the futures counter
Published 28 Mar, 2011 12:00am
Futures open interest up by 13 percent

Futures open interest up by 13 percent

The total open interest at the futures counter increased by 13 percent on week-on-week basis to Rs 1.653 billion. On the other hand, futures spreads declined by 159bps on week-on-week basis to 7.48 percent. The average daily volumes at the futures counter
Published 28 Mar, 2011 12:00am
Futures open interest up by 13 percent

Futures open interest up by 13 percent

The total open interest at the futures counter increased by 13 percent on week-on-week basis to Rs 1.653 billion. On the other hand, futures spreads declined by 159bps on week-on-week basis to 7.48 percent. The average daily volumes at the futures counter
Published 28 Mar, 2011 12:00am
Futures open interest up by 13 percent

Futures open interest up by 13 percent

The total open interest at the futures counter increased by 13 percent on week-on-week basis to Rs 1.653 billion. On the other hand, futures spreads declined by 159bps on week-on-week basis to 7.48 percent. The average daily volumes at the futures counter
Published 28 Mar, 2011 12:00am
Rebels push west as air strikes hit Qadhafi forces

Rebels push west as air strikes hit Qadhafi forces

Libyan rebels pushed further west on Sunday to retake more territory abandoned by Muammar Qadhafi's retreating forces, which have been weakened by Western air strikes.
Published 28 Mar, 2011 12:00am
Pakistan's mango exports likely to exceed target

Pakistan's mango exports likely to exceed target

Pakistan is likely to surpass its mango export target this season due to favourable weather for the past few months. Pakistan is one of the largest exporters and producers of mangoes in the world. The authorities have set an export target of 140,000 tonne
Published 28 Mar, 2011 12:00am
Pakistan's mango exports likely to exceed target

Pakistan's mango exports likely to exceed target

Pakistan is likely to surpass its mango export target this season due to favourable weather for the past few months. Pakistan is one of the largest exporters and producers of mangoes in the world. The authorities have set an export target of 140,000 tonne
Published 28 Mar, 2011 12:00am
Pakistan''s mango exports likely to exceed target

Pakistan''s mango exports likely to exceed target

Pakistan is likely to surpass its mango export target this season due to favourable weather for the past few months. Pakistan is one of the largest exporters and producers of mangoes in the world. The authorities have set an export target of 140,000 tonne
Published 28 Mar, 2011 12:00am
'US nuclear plant shielded against Japan emergency'

'US nuclear plant shielded against Japan emergency'

A US nuclear plant in Alabama similar in design to the earthquake-hit Fukushima facility in Japan has multiple defences to prevent and tackle the same kind of emergency, its operator said.
Published 28 Mar, 2011 12:00am
'US nuclear plant shielded against Japan emergency'

'US nuclear plant shielded against Japan emergency'

A US nuclear plant in Alabama similar in design to the earthquake-hit Fukushima facility in Japan has multiple defences to prevent and tackle the same kind of emergency, its operator said.
Published 28 Mar, 2011 12:00am
MONEY WEEK: some positives, but too early to cheer up!

MONEY WEEK: some positives, but too early to cheer up!

The trend in monetary aggregates during the third quarter has changed, and it appears to be in the right direction. The most active player, the government, is, at least for the time being, moving away from inflationary central bank borrowing and instead r
Published 28 Mar, 2011 12:00am
MONEY WEEK: some positives, but too early to cheer up!

MONEY WEEK: some positives, but too early to cheer up!

The trend in monetary aggregates during the third quarter has changed, and it appears to be in the right direction. The most active player, the government, is, at least for the time being, moving away from inflationary central bank borrowing and instead r
Published 28 Mar, 2011 12:00am
MONEY WEEK: some positives, but too early to cheer up!

MONEY WEEK: some positives, but too early to cheer up!

The trend in monetary aggregates during the third quarter has changed, and it appears to be in the right direction. The most active player, the government, is, at least for the time being, moving away from inflationary central bank borrowing and instead r
Published 28 Mar, 2011 12:00am
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