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Archive - 2011-04-25
US, China to hold economy meeting in May
Top News

US, China to hold economy meeting in May

WASHINGTON: Top officials from the United States and China will meet in Washington on May 9 and 10 to discuss economic t
Published 25 Apr, 2011 08:49pm
Bus set on fire in Sibbi
Top News

Bus set on fire in Sibbi

Sibbi: 12 passengers including four children have been killed and 4 injured in catch fire at Sibbi national highway on M
Published 25 Apr, 2011 08:21pm
Blasts shake east Tripoli: witnesses
Top News

Blasts shake east Tripoli: witnesses

TRIPOLI: Five loud explosions rocked the eastern part of the Libyan capital on Monday night, witnesses said, although th
Published 25 Apr, 2011 07:51pm
Tokyo Electric to cut top exec pay
Asia

Tokyo Electric to cut top exec pay

TOKYO: Tokyo Electric Power, said it would cut the total remuneration of its president, chairman and other top executive
Published 25 Apr, 2011 04:43pm
Delhi Commonwealth Games chief arrested
Top News

Delhi Commonwealth Games chief arrested

NEW DELHI: Indian police Monday arrested the chief organiser of the 2010 Delhi Commonwealth Games and are set to charge
Published 25 Apr, 2011 03:34pm
Iran, Iraq sign extradition accord
Top News

Iran, Iraq sign extradition accord

TEHRAN: Iran and Iraq have signed an extradition agreement that Iranian media speculated could lead to members of a mili
Published 25 Apr, 2011 10:13am
Bank Al-Falah reports higher profit
Top News

Bank Al-Falah reports higher profit

KARACHI: Bank Al-Falah Ltd has posted a higher profit after tax of 929.677 million for the 1st quarter ending March 31,
Published 25 Apr, 2011 09:32am
India examines fuel exports to Pakistan
Top News

India examines fuel exports to Pakistan

NEW DELHI: India is considering exporting fuel to Pakistan if allowed, to help its neighbour meet a shortfall, an Indi
Published 25 Apr, 2011 06:52am
MDGs: long way off from Pakistan
BR Research

MDGs: long way off from Pakistan

It won be too hard to guess that Pakistan is not on target to meet the Millennium Development Goals, aimed to be reached by 2015. The Worl
Published 25 Apr, 2011 12:00am
Unilever Pakistan
BR Research

Unilever Pakistan

Unilever Pakistan made a strong entry into the current calendar year. Capitalizing on rising farm incomes, the company increased its penetra
Published 25 Apr, 2011 12:00am
Infrastructure cyber attack fears on the rise: study

Infrastructure cyber attack fears on the rise: study

Cyber threats such as Stuxnet pose an increasing risk to critical infrastructure world-wide but many facilities are unprepared to face the danger, according to a report released on April 19.
Published 25 Apr, 2011 12:00am
Beware of cheating spouses

Beware of cheating spouses

A Taiwan man has launched a computer programme designed to help wives catch cheating husbands and their mistresses, a newspaper report said on April 20. Huang Kuo-tai said his Catch Mistress Programme can detect a spouse's betrayal by monitoring their com
Published 25 Apr, 2011 12:00am
Washington Post launches news aggregation site

Washington Post launches news aggregation site

The Washington Post Co launched a news aggregation website on April 20 called "Trove" that allow readers to customise the news around their interests. "Trove creates a customised news experience that factors in a reader's likes and dislikes, combin
Published 25 Apr, 2011 12:00am
Amazon wrangling with online hosting woes

Amazon wrangling with online hosting woes

Amazon on April 22 was still wrangling with troubles at its Web hosting service used by Foursquare, Quora, Reddit and other popular websites. Amazon EC2 was being slowly restored a day after the onset of disruptive problems, but it may take a while to ful
Published 25 Apr, 2011 12:00am
Finding the right web browser amid host of choices

Finding the right web browser amid host of choices

The rush of new web browsers from which to choose is not necessarily a blessing for online surfers. Most of them are free and offer similar functions, so how to choose the right one? Explorer, Firefox, Opera, Safari and Chrome are just some of the names o
Published 25 Apr, 2011 12:00am
Encrypting sensitive information in online data stores

Encrypting sensitive information in online data stores

Online data stores are becoming increasingly popular, as they allow users to store documents, images, or videos on internet servers and access this information from any computer connected to the web.
Published 25 Apr, 2011 12:00am
Hafeez repaying Afridi's confidence in him

Hafeez repaying Afridi's confidence in him

Mohammad Hafeez said he has drawn on the confidence placed in him by Pakistan captain Shahid Afridi, particularly when he been given a chance to bowl in recent matches. Hafeez was speaking after he earned the Man-of-the-Match award in the first One-day In
Published 25 Apr, 2011 12:00am
Westwood celebrates birthday with Indonesia title

Westwood celebrates birthday with Indonesia title

Lee Westwood celebrated his 38th birthday with a comfortable three-stroke victory at the Indonesian Masters on Sunday to stay in the hunt for regaining the world number one spot from German Martin Kaymer.
Published 25 Apr, 2011 12:00am
Tendulkar gets win as birthday gift

Tendulkar gets win as birthday gift

Mumbai Indians gifted birthday boy and skipper Sachin Tendulkar a 37-run victory in an Indian Premier League match against Deccan Chargers on Sunday. In another match, leg-spinner Shane Warne grabbed 3-16 to help Rajasthan Royals beat Kochi Tuskers Kerala
Published 25 Apr, 2011 12:00am
Cohen kills off Arsenal's title challenge

Cohen kills off Arsenal's title challenge

Tamir Cohen's dramatic last minute goal ended Arsenal's fading title hopes as Bolton won 2-1 at the Reebok Stadium on Sunday. Robin van Persie had cancelled out Daniel Sturridge's seventh goal in nine league appearances but, despite bombarding the Bolton
Published 25 Apr, 2011 12:00am
Ghana surrender World, African titles

Ghana surrender World, African titles

Reigning World and African youth champions Ghana meekly surrendered the titles Sunday after conceding a stoppage-time goal against Cameroon in a 1-1 draw. Cameroon were assured of reaching the African semi-finals since Thursday and topped Group B with sev
Published 25 Apr, 2011 12:00am
Stosur wins Stuttgart doubles title

Stosur wins Stuttgart doubles title

French Open finalist Samantha Stosur of Australia continued her impressive run of form at Stuttgart's WTA tournament by winning the doubles with partner Sabine Lisicki on Sunday. The pair enjoyed a 6-1, 7-6 (7/5) win over Germany's Kristina Barrois and Ja
Published 25 Apr, 2011 12:00am
Wolfsburg win to boost hopes of staying up

Wolfsburg win to boost hopes of staying up

VfL Wolfsburg beat Cologne 4-1 on Sunday to notch their first win under coach Felix Magath and boost their chances of staying up with three games remaining. Croatian striker Mario Mandzukic struck twice in the first half and substitute Ashkan Dejagah hamm
Published 25 Apr, 2011 12:00am
Darchinyan defeats Perez

Darchinyan defeats Perez

Former two-division world champion Vic Darchinyan claimed a five-round technical decision over former International Boxing Federation bantamweight title holder Yonnhy Perez on Saturday. Armenian-born Australian southpaw Darchinyan rattled Colombia's Perez
Published 25 Apr, 2011 12:00am
Nadal floors Ferrer to win sixth Barcelona title

Nadal floors Ferrer to win sixth Barcelona title

Rafa Nadal underlined his crushing dominance on clay when he overwhelmed Spanish compatriot David Ferrer 6-2 6-4 to win a sixth Barcelona Open title in seven years on Sunday.
Published 25 Apr, 2011 12:00am
Goerges stuns Wozniacki to win Stuttgart title

Goerges stuns Wozniacki to win Stuttgart title

Julia Goerges stunned world number one Caroline Wozniacki 7-6 (7/3), 6-3 to win the Stuttgart WTA claycourt title on Sunday, becoming the first German champion here in 17 years. The 22-year-old Goerges collected only her second career title to add to her
Published 25 Apr, 2011 12:00am
Former skippers back Malinga's call to quit Tests

Former skippers back Malinga's call to quit Tests

Two former Sri Lankan captains Kumar Sangakkara and Mahela Jayawardene on Sunday backed fast bowler Lasith Malinga's decision to quit Tests because of a worsening knee condition.
Published 25 Apr, 2011 12:00am
Iran food prices up 25 percent, twice inflation

Iran food prices up 25 percent, twice inflation

Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the overall official rate of inflation. Figures from the Central Bank of Iran, carried in Iranian newspapers, showed the bank's food basket cos
Published 25 Apr, 2011 12:00am
Osborne dashes hopes of North Sea Oil Tax reprieve

Osborne dashes hopes of North Sea Oil Tax reprieve

The oil industry's hopes of reversing Britain's controversial tax raid on North Sea oil profits have been quashed by Finance Minister George Osborne, the Sunday Times newspaper reported. Citing minutes from a meeting between Osborne and oil executives, th
Published 25 Apr, 2011 12:00am
New capital rules to help Swiss banks: minister

New capital rules to help Swiss banks: minister

Tough new capital rules set to be voted on by parliament later this year will benefit big Swiss banks, Switzerland's economy minister was quoted as saying on Sunday. Johann Schneider-Ammann said the standards - which would require UBS and Credit Suisse to
Published 25 Apr, 2011 12:00am
Alwaleed sees Zain Saudi deal after months diligence

Alwaleed sees Zain Saudi deal after months diligence

Saudi Prince Alwaleed bin Talal, whose firm Kingdom Holding has bid for a quarter stake in Zain Saudi, expects to complete the deal two months after finishing a due diligence process. Kuwaiti telco Zain, which has a 25-percent stake in Zain Saudi, has con
Published 25 Apr, 2011 12:00am
Dubai group looking to buy Afghan bank

Dubai group looking to buy Afghan bank

A Dubai-based conglomerate is seeking approval to buy a bank in Afghanistan as authorities there try to restore confidence in the scandal-tainted financial industry.
Published 25 Apr, 2011 12:00am
UAE March inflation down on cheaper food, transport

UAE March inflation down on cheaper food, transport

The rate of annual inflation in the United Arab Emirates edged lower to 1.2 percent in March following a drop in food and transport costs, official data showed on Sunday. The 0.3 percentage point fall in the rate was the fourth monthly decline in a row, d
Published 25 Apr, 2011 12:00am
UAE's Etisalat CFO resigns

UAE's Etisalat CFO resigns

UAE's Etisalat, which scrapped a $12 billion take-over of Kuwait's Zain last month, said its group chief financial officer has resigned due to personal reasons. Salem Al Sharhan will leave on May 3, the Middle East's largest telecoms firm by value said in
Published 25 Apr, 2011 12:00am
Luxury carmakers see golden age in China

Luxury carmakers see golden age in China

One of Rolls Royce boss Torsten Muller-Otvos' most memorable auto show moments came last year in Beijing when a man walked through the crowd to the carmaker's stand and set down a suitcase. "Millions of renminbi," the man said of the suitcase's contents,
Published 25 Apr, 2011 12:00am
China, South Korea rebuff Japan on import restrictions after quake

China, South Korea rebuff Japan on import restrictions after quake

China and South Korea rebuffed on Sunday Japan's calls for more "reasonable" restrictions on imports of food and other products that could be contaminated with radiation after last month's nuclear disaster, showing the difficulty Japan will face in restor
Published 25 Apr, 2011 12:00am
US agency cites Transocean lapses in Gulf spill

US agency cites Transocean lapses in Gulf spill

Serious safety lapses by oil rig owner and operator Transocean Ltd contributed to the massive blowout and spill at a BP Plc well in the Gulf of Mexico, the US Coast Guard said in a report on the 2010 disaster.
Published 25 Apr, 2011 12:00am
Brazil may limit pension benefits transfers

Brazil may limit pension benefits transfers

Brazil's government may restrict the transfer of pension rights to relatives of deceased civil servants, Folha de Sao Paulo reported on Sunday, to limit what has become a major drain on public coffers. Folha said the government could require relatives of
Published 25 Apr, 2011 12:00am
Chinese inflation to ease in second-half but stay high

Chinese inflation to ease in second-half but stay high

China's inflation will fall slightly in the second half of 2011, but it will be tough to keep the full-year rise in consumer prices below the government's 4 percent ceiling, an official said in remarks reported on Sunday.
Published 25 Apr, 2011 12:00am
China could loosen Taiwan banking restrictions

China could loosen Taiwan banking restrictions

China could allow its banks to widen access to Taiwanese lenders and remove current restrictions on branches opened on the mainland, Beijing's banking regulation chief told local media on Sunday. Liu Mingkang, chairman of the China Banking Regulatory Comm
Published 25 Apr, 2011 12:00am
Christians celebrate Easter

Christians celebrate Easter

The Christian community in Multan celebrated Easter on Sunday amid tight security at all the churches across South Punjab. Easter is the most well attended Sunday service of the year for Christian churches as the community holds prayers and special ceremo
Published 25 Apr, 2011 12:00am
Prime Minister felicitates Christian community on Easter

Prime Minister felicitates Christian community on Easter

Prime Minister, Syed Yusuf Raza Gilani here on Sunday felicitated the Christian community around the world and especially those living in Pakistan on behalf of the government and people of Pakistan on the occasion of Easter.
Published 25 Apr, 2011 12:00am
'Government will provide best treatment to all patients'

'Government will provide best treatment to all patients'

Newly appointed Secretary Health Punjab, Muhammad Jehanzaib Khan has said that equal access to health facilities is the basic right of every citizen and added that government will ensure provision of best medical treatment to all the patients in public se
Published 25 Apr, 2011 12:00am
MONEY WEEK: putting the dots together

MONEY WEEK: putting the dots together

The nexus between military and financial affairs has multiple dimensions both in the US and in Pakistan. One that has come under limelight recently is the tension between the spy agencies of the two countries as regards the fate of Haqqani and other group
Published 25 Apr, 2011 12:00am
Bomb blast rocks 'Russian Big Brother'

Bomb blast rocks 'Russian Big Brother'

A mysterious explosion on Sunday rocked the location for filming for the hugely-popular Russian equivalent of the television reality show Big Brother, wounding one security guard, reports said. Security guards early Sunday uncovered a suspicious rucksack
Published 25 Apr, 2011 12:00am
St Louis airport slowly reopens after tornado damage

St Louis airport slowly reopens after tornado damage

The airport in the US city of St. Louis was expected to resume most of its operations Sunday after tornadoes and high winds tore through the Midwestern city, cutting a swath of destruction at the key transportation hub
Published 25 Apr, 2011 12:00am
Somali pirates release Greek-owned ship, ransom paid

Somali pirates release Greek-owned ship, ransom paid

Somali pirates have freed a Greek-owned, Cyprus-flagged ship they seized in January after receiving a ransom payment, pirates and a piracy monitoring group said. The pirates said they had released MV Eagle, a 52,163 dead-weight tonne merchant vessel and i
Published 25 Apr, 2011 12:00am
Turkmen president hosts horse beauty contest

Turkmen president hosts horse beauty contest

The president of Turkmenistan on Sunday hosted a beauty contest for horses and showed off his own horsemanship skills as the isolated Central Asian state promotes itself as a global equine centre. Turkmenistan prides itself on being home to over half of t
Published 25 Apr, 2011 12:00am
Hedge fund managers more upbeat for 2011: survey

Hedge fund managers more upbeat for 2011: survey

Hedge fund managers are finally breathing a sigh of relief. Newly confident that investment opportunities will improve in 2011 as the global economy recovers, more than half said they have a generally positive outlook for the industry, a survey from accou
Published 25 Apr, 2011 12:00am
Hedge fund managers more upbeat for 2011: survey

Hedge fund managers more upbeat for 2011: survey

Hedge fund managers are finally breathing a sigh of relief. Newly confident that investment opportunities will improve in 2011 as the global economy recovers, more than half said they have a generally positive outlook for the industry, a survey from accou
Published 25 Apr, 2011 12:00am
Sumitomo Life to keep full hedging on foreign bonds

Sumitomo Life to keep full hedging on foreign bonds

Japan's Sumitomo Life Insurance said it plans to keep its exposure to foreign bonds fully hedged in the financial year to March 2012 as the US economy is not strong enough to keep the dollar in an constant uptrend.
Published 25 Apr, 2011 12:00am
Sumitomo Life to keep full hedging on foreign bonds

Sumitomo Life to keep full hedging on foreign bonds

Japan's Sumitomo Life Insurance said it plans to keep its exposure to foreign bonds fully hedged in the financial year to March 2012 as the US economy is not strong enough to keep the dollar in an constant uptrend.
Published 25 Apr, 2011 12:00am
Malaysian Islamic insurer plans Indonesian expansion

Malaysian Islamic insurer plans Indonesian expansion

Malaysia's Great Eastern Takaful will begin offering Islamic insurance products in Indonesia in the third quarter and hopes to launch its business in Singapore next year, its chief executive said on April 18.
Published 25 Apr, 2011 12:00am
DuPont first quarter profit jumps 27 percent

DuPont first quarter profit jumps 27 percent

DuPont's quarterly profit rose 27 percent due to strong sales of electronic and solar materials, leading the chemical giant to boost its earnings forecast. The company, which plans to buy Danish food additives maker Danisco, said its first-quarter earning
Published 25 Apr, 2011 12:00am
DuPont first quarter profit jumps 27 percent

DuPont first quarter profit jumps 27 percent

DuPont's quarterly profit rose 27 percent due to strong sales of electronic and solar materials, leading the chemical giant to boost its earnings forecast. The company, which plans to buy Danish food additives maker Danisco, said its first-quarter earning
Published 25 Apr, 2011 12:00am
Tesco annual profit rises to £2.65 billion

Tesco annual profit rises to £2.65 billion

Britain's biggest retailer Tesco on April 19 posted a 14-percent rise in annual net profits to £2.65 billion (3.0 billion euros, $4.3 billion) as strong sales abroad offset weakness at home. Supermarket giant Tesco, which recently changed its chief execut
Published 25 Apr, 2011 12:00am
Tesco annual profit rises to £2.65 billion

Tesco annual profit rises to £2.65 billion

Britain's biggest retailer Tesco on April 19 posted a 14-percent rise in annual net profits to £2.65 billion (3.0 billion euros, $4.3 billion) as strong sales abroad offset weakness at home. Supermarket giant Tesco, which recently changed its chief execut
Published 25 Apr, 2011 12:00am
Tata to invest up to $27 billion over five years: report

Tata to invest up to $27 billion over five years: report

India's giant Tata Group has said it will invest almost $30 billion mainly in the domestic market over the next five years as it seeks to double revenues to $150 billion. The group, which has nearly 100 companies under its wing, said it plans to invest th
Published 25 Apr, 2011 12:00am
Shanghai auto show: GM aims to double China sales by 2015

Shanghai auto show: GM aims to double China sales by 2015

General Motors said on April 18 it aims to more than double the number of cars it sells in China by 2015 as it unveiled its first car model branded specifically for the world's top auto market. GM China Group President Kevin Wale said the US auto giant ai
Published 25 Apr, 2011 12:00am
BMW expects double-digit growth

BMW expects double-digit growth

German luxury car maker BMW expects double-digit sales growth in China this year as the company expands its distribution network in the world's top car market, an official said on April 19. BMW board member for sales and marketing Ian Robertson made the r
Published 25 Apr, 2011 12:00am
BMW expects double-digit growth

BMW expects double-digit growth

German luxury car maker BMW expects double-digit sales growth in China this year as the company expands its distribution network in the world's top car market, an official said on April 19. BMW board member for sales and marketing Ian Robertson made the r
Published 25 Apr, 2011 12:00am
Volvo Cars sees 10-15 percent market growth

Volvo Cars sees 10-15 percent market growth

Volvo Cars sees the Chinese car market growing by 10-15 percent per year in the coming years, its chief executive, Stefan Jacoby, told Reuters in an interview at the Shanghai Auto Show on April 19. "It's the biggest single country on the planet," Jacoby s
Published 25 Apr, 2011 12:00am
Volvo Cars sees 10-15 percent market growth

Volvo Cars sees 10-15 percent market growth

Volvo Cars sees the Chinese car market growing by 10-15 percent per year in the coming years, its chief executive, Stefan Jacoby, told Reuters in an interview at the Shanghai Auto Show on April 19. "It's the biggest single country on the planet," Jacoby s
Published 25 Apr, 2011 12:00am
Bird feathers show pollution rise over 120 years

Bird feathers show pollution rise over 120 years

Feathers collected from rare Pacific seabirds over the past 120 years have shown an increase in a type of toxic mercury that likely comes from human pollution, US researchers said on April 18. Scientists at Harvard University took samples from feathers be
Published 25 Apr, 2011 12:00am
Brain shrinks 10 years before dementia onset

Brain shrinks 10 years before dementia onset

People with Alzheimer's disease may start experiencing shrinking of parts of the brain as many as 10 years before the degenerative condition is diagnosed, a US study suggested on April 20. While the results are still preliminary, scientists said the findi
Published 25 Apr, 2011 12:00am
Melting ice on Arctic islands boosts sea levels

Melting ice on Arctic islands boosts sea levels

Melting glaciers and ice caps on Canadian Arctic islands play a far greater role in sea level rise that previously suspected, according to a study published on April 21. Between 2004 and 2009, the 30,000 snow-and-ice covered islands in the Canadian Archip
Published 25 Apr, 2011 12:00am
Tea helps prevent osteoporosis

Tea helps prevent osteoporosis

A Taiwanese survey has found that drinking tea helps prevent osteoporosis in elderly women. The National Cheng Kung University Hospital surveyed 368 women above the age of 65 to try to find out if their lifestyle had an impact on their bone density.
Published 25 Apr, 2011 12:00am
It will take years to eradicate H5N1 bird flu virus

It will take years to eradicate H5N1 bird flu virus

It will take at least 10 years to eradicate the H5N1 bird flu virus, which has killed scores of humans, from poultry in the six countries where it is endemic, a UN agency said on April 21. The strain of the avian influenza virus was reported in 60 countri
Published 25 Apr, 2011 12:00am
Warming seas could push some fish species to limit

Warming seas could push some fish species to limit

Rapidly warming ocean temperatures in some parts of the world could be pushing some fish species to the limit, stunting their growth, increasing stress and raising the risk of death, a study shows. An Australian study, published on April 18 in the journal
Published 25 Apr, 2011 12:00am
Reading in old age improves memory

Reading in old age improves memory

New retirees are suddenly confronted with plenty of time on their hands. Many might be happy to know that reading keeps one mentally alert and abreast of current affairs, says Ursula Lenz of Germany's working group of senior citizens' organisations, BAGSO
Published 25 Apr, 2011 12:00am
Ozone hole linked to southern rain increases

Ozone hole linked to southern rain increases

The hole in the ozone layer over Antarctica is a significant driver of climate change and rain increases in the southern hemisphere over the past 50 years, US scientists said on April 21. The findings by a team at Columbia University's School of Engineeri
Published 25 Apr, 2011 12:00am
Debt, energy shortages: situation cries for greater political will

Debt, energy shortages: situation cries for greater political will

The budget makers led by Finance Minister Dr Abdul Hafeez Sheikh have returned from the Washington yatra after holding talks with the International Monetary Fund and the World Bank, as well as holding bilateral discussions with major donor countries such
Published 25 Apr, 2011 12:00am
A matter of great angst

A matter of great angst

No wonder that the majority verdict of a three-member bench of the Supreme Court on Thursday acquitting all but one accused in the Mukhtaran Mai gang-rape case has come as a rude shock to most of the women and human rights alliances. Given her epic strugg
Published 25 Apr, 2011 12:00am
The Arab Revolution and Pakistan

The Arab Revolution and Pakistan

The wave of protests that have reached tsunami levels in the Maghreb countries as well as parts of the Middle East, have been further fuelled by the autocratic rulers opting for strong-arm tactics against the protesters. The armed forces, as well as the l
Published 25 Apr, 2011 12:00am
India's double-digit growth ambitions fade

India's double-digit growth ambitions fade

India's dreams of attaining double-digit economic growth within the next few years are fading, undermined by high inflation, slow progress on reforms and an uncertain global outlook. The ruling Congress party has long wanted to make history as the adminis
Published 25 Apr, 2011 12:00am
Clear economic victory eludes Obama as vote nears

Clear economic victory eludes Obama as vote nears

Barack Obama does not yet know the identity of his 2012 Republican challenger, but his toughest reelection challenge could be to convince voters the economy is in steady hands. In the two years since Obama took office, the US economy has improved dramatic
Published 25 Apr, 2011 12:00am
What's Babar Awan up to?

What's Babar Awan up to?

According to a news item, Babar Awan submitted five points related to the reopening of Bhutto's reference in the Supreme Court. Unless I am absolutely wrong, I see no difference between the sentences inscribed under point 1 and point 5.
Published 25 Apr, 2011 12:00am
Iran and Iraq sign agreements on Iranian opposition

Iran and Iraq sign agreements on Iranian opposition

Iran and Iraq on Sunday signed agreements to return each others' detainees, which could lead to the forced repatriation of an Iranian opposition group based in Iraq, Iranian state TV reported.
Published 25 Apr, 2011 12:00am
Two top officers of US Navy ship relieved of duties

Two top officers of US Navy ship relieved of duties

The US Navy says two top officers of a Virginia-based ship have been relieved of their duties after an investigation into hazing and other incidents aboard the vessel. The Navy says Cmdr. Etta Jones, the commanding officer of the Norfolk-based Ponce, was
Published 25 Apr, 2011 12:00am
Thatcher's famous handbag hits the auctioneers

Thatcher's famous handbag hits the auctioneers

Margaret Thatcher's famous handbag - the symbol of her authority as Britain's prime minister - is being auctioned for charity, The Sunday Times newspaper reported. "The handbag that terrorised ministers", as the broadsheet put it, is expected to fetch £10
Published 25 Apr, 2011 12:00am
Israeli shot by police in West Bank

Israeli shot by police in West Bank

A Palestinian policeman shot dead an Israeli and wounded four others after they entered a holy site in a West Bank city without permission on Sunday, the Israeli military said. The group of ultra-Orthodox Jewish worshippers were shot at Joseph's Tomb, whi
Published 25 Apr, 2011 12:00am
US appeals court revives Iraq Blackwater case

US appeals court revives Iraq Blackwater case

A US appeals court has reopened the prosecution of four former Blackwater security guards accused of killing 14 Iraqi civilians in 2007, documents obtained by AFP Sunday showed. The decision overturns a 2009 ruling by a district judge that cleared the Bla
Published 25 Apr, 2011 12:00am
British Prime Minister blasted as coalition tensions surface

British Prime Minister blasted as coalition tensions surface

The sense of discord between Britain's governing coalition parties grew on Sunday as Deputy PM Nick Clegg launched a direct blast at Prime Minister David Cameron. The Liberal Democrat leader accused the Conservative Party chief of "defending the indefensi
Published 25 Apr, 2011 12:00am
British royal wedding guest list causes controversy

British royal wedding guest list causes controversy

The guest list for Britain's royal wedding sparked controversy Sunday after monarchs from countries with poor rights records were invited but two former British prime ministers were not.
Published 25 Apr, 2011 12:00am
Bahrain crown prince declines royal wedding invite

Bahrain crown prince declines royal wedding invite

Bahrain's crown prince said he would not attend Britain's royal wedding on April 29 because of continuing unrest in his Gulf Arab kingdom, defusing a potentially embarrassing row over his invitation.
Published 25 Apr, 2011 12:00am
Egypt revolution hero to leave Google, set up NGO

Egypt revolution hero to leave Google, set up NGO

Wael Ghonim, the Google executive who became the hero of the Egyptian revolution, said Sunday he planned to take an extended break from the Internet giant to set up his own NGO in Egypt. "Decided to take a long-term sabbatical from Google & start a techno
Published 25 Apr, 2011 12:00am
Saudi women press for franchise

Saudi women press for franchise

A group of Saudi women have turned up at a voter registration office in a rare public protest against the male-only electoral system, one of the activists told AFP early Sunday.
Published 25 Apr, 2011 12:00am
Thousands of protesters demand 'A New Morocco'

Thousands of protesters demand 'A New Morocco'

Thousands took to the streets of Morocco on Sunday in peaceful demonstrations to demand sweeping reforms and an end to political detention, the third day of mass protests since they began in February.
Published 25 Apr, 2011 12:00am
Thousands call for Assad overthrow

Thousands call for Assad overthrow

Thousands of Syrians called for the overthrow of President Bashar al-Assad on Sunday at a funeral for protesters killed by security forces in the southern town of Nawa, a witness said. "Long live Syria. Down with Bashar!" the mourners chanted, their calls
Published 25 Apr, 2011 12:00am
Misrata comes under heavy bombardment

Misrata comes under heavy bombardment

Forces loyal to Muammar Qadhafi bombarded Misrata on Sunday, a day after rebels celebrated the pullback of government troops from the western Libyan city, a rebel spokesman said. "The situation is very dangerous," rebel spokesman Abdelsalam said by teleph
Published 25 Apr, 2011 12:00am
Yemen protesters reject US-backed Saleh exit plan

Yemen protesters reject US-backed Saleh exit plan

Yemen protesters Sunday demanded the immediate departure of President Ali Abdullah Saleh after his ruling party accepted a Gulf plan for him to quit in 30 days in a move promptly hailed by Washington.
Published 25 Apr, 2011 12:00am
Prosecutor orders Mubarak be moved to prison hospital

Prosecutor orders Mubarak be moved to prison hospital

Egypt's public prosecutor ordered on Sunday that ousted President Hosni Mubarak be transferred to a prison hospital in Cairo after a doctor declared him well enough to travel. Mubarak took refuge in the Red Sea resort of Sharm el-Sheikh after a popular up
Published 25 Apr, 2011 12:00am
115 dead in 5 days of clashes in Southern Sudan

115 dead in 5 days of clashes in Southern Sudan

At least 115 people have died in violence between government forces and a rebel militia in Southern Sudan this week, an official said Sunday, raising concerns of southern instability ahead of the region's independence declaration in July.
Published 25 Apr, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 18 to 23, 2011)

Published 25 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (April 24, 2011) and the forecast for Monday (April 25, 2011).

Published 25 Apr, 2011 12:00am
Constitution mandates judiciary to regulate state machinery: CJ

Constitution mandates judiciary to regulate state machinery: CJ

In a bid to rectify the wrong impression about judiciary's role, Chief Justice Iftikhar Muhammad Chaudhry explained on Sunday that the Constitution had assigned it (the judiciary) the duty to "regulate" state machinery, while noting that an independent an
Published 25 Apr, 2011 12:00am
Constitution mandates judiciary to regulate state machinery: CJ

Constitution mandates judiciary to regulate state machinery: CJ

In a bid to rectify the wrong impression about judiciary's role, Chief Justice Iftikhar Muhammad Chaudhry explained on Sunday that the Constitution had assigned it (the judiciary) the duty to "regulate" state machinery, while noting that an independent an
Published 25 Apr, 2011 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee was firm against dollar on the currency market during the week, ended on April 23, 2011. On the interbank market, the rupee gained six paisa in relation to the US currency for buying at 84.27 and eight paisa for selling at 84.30.
Published 25 Apr, 2011 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee was firm against dollar on the currency market during the week, ended on April 23, 2011. On the interbank market, the rupee gained six paisa in relation to the US currency for buying at 84.27 and eight paisa for selling at 84.30.
Published 25 Apr, 2011 12:00am
Make Karachi a province: Punjab chief minister

Make Karachi a province: Punjab chief minister

Punjab Chief Minister Shahbaz Sharif on Sunday called for formation of new provinces in Sindh as being demanded in Punjab, adding that Karachi be made a province, Aaj News reported. Addressing foundation stone laying ceremony of Danish School building in
Published 25 Apr, 2011 12:00am
Make Karachi a province: Punjab chief minister

Make Karachi a province: Punjab chief minister

Punjab Chief Minister Shahbaz Sharif on Sunday called for formation of new provinces in Sindh as being demanded in Punjab, adding that Karachi be made a province, Aaj News reported. Addressing foundation stone laying ceremony of Danish School building in
Published 25 Apr, 2011 12:00am
MQM opposes division of Sindh

MQM opposes division of Sindh

Muttahida Qaumi Movement (MQM) Rabita Committee member Qasim Ali Raza has said that his party believes in cohesion of Sindh province and will not accept its division at any cost. He rejected the statement of Punjab Chief Minister Shahbaz Sharif, aired by
Published 25 Apr, 2011 12:00am
MQM opposes division of Sindh

MQM opposes division of Sindh

Muttahida Qaumi Movement (MQM) Rabita Committee member Qasim Ali Raza has said that his party believes in cohesion of Sindh province and will not accept its division at any cost. He rejected the statement of Punjab Chief Minister Shahbaz Sharif, aired by
Published 25 Apr, 2011 12:00am
PPP flays Shahbaz's statement

PPP flays Shahbaz's statement

Sindh Minister for Information and Archives Sharjeel Inam Memon, has flayed the statement of Punjab Chief Minister Mian Shahbaz Sharif, regarding creation of more provinces in Sindh. In a statement issued here on Sunday, he said that Pakistan People's Par
Published 25 Apr, 2011 12:00am
PPP flays Shahbaz's statement

PPP flays Shahbaz's statement

Sindh Minister for Information and Archives Sharjeel Inam Memon, has flayed the statement of Punjab Chief Minister Mian Shahbaz Sharif, regarding creation of more provinces in Sindh. In a statement issued here on Sunday, he said that Pakistan People's Par
Published 25 Apr, 2011 12:00am
Manufacturers' raw material imports: FBR may raise WHT rate

Manufacturers' raw material imports: FBR may raise WHT rate

The Federal Board of Revenue (FBR) may enhance withholding tax rate from 3 percent to 5-6 percent for the manufacturers/industrial units engaged in import of raw materials, in the upcoming budget for 2011-12.
Published 25 Apr, 2011 12:00am
Manufacturers' raw material imports: FBR may raise WHT rate

Manufacturers' raw material imports: FBR may raise WHT rate

The Federal Board of Revenue (FBR) may enhance withholding tax rate from 3 percent to 5-6 percent for the manufacturers/industrial units engaged in import of raw materials, in the upcoming budget for 2011-12.
Published 25 Apr, 2011 12:00am
Manufacturers'' raw material imports: FBR may raise WHT rate

Manufacturers'' raw material imports: FBR may raise WHT rate

The Federal Board of Revenue (FBR) may enhance withholding tax rate from 3 percent to 5-6 percent for the manufacturers/industrial units engaged in import of raw materials, in the upcoming budget for 2011-12.
Published 25 Apr, 2011 12:00am
FBR likely to raise salaried sector tax rate to 25 percent

FBR likely to raise salaried sector tax rate to 25 percent

The Federal Board of Revenue (FBR) is contemplating to increase the maximum tax rate of salaried persons from 20 percent to 25 percent in the budget for 2011-12. Sources told Business Recorder on Saturday that the board is reviewing the budget prop
Published 25 Apr, 2011 12:00am
FBR likely to raise salaried sector tax rate to 25 percent

FBR likely to raise salaried sector tax rate to 25 percent

The Federal Board of Revenue (FBR) is contemplating to increase the maximum tax rate of salaried persons from 20 percent to 25 percent in the budget for 2011-12. Sources told Business Recorder on Saturday that the board is reviewing the budget prop
Published 25 Apr, 2011 12:00am
FBR likely to raise salaried sector tax rate to 25 percent

FBR likely to raise salaried sector tax rate to 25 percent

The Federal Board of Revenue (FBR) is contemplating to increase the maximum tax rate of salaried persons from 20 percent to 25 percent in the budget for 2011-12. Sources told Business Recorder on Saturday that the board is reviewing the budget prop
Published 25 Apr, 2011 12:00am
Electricity shortfall shoots to 6,000mw

Electricity shortfall shoots to 6,000mw

Electricity shortfall hit a new peak of 6,000 mw on Sunday, plunging the country into 10 to 15 hours of outages as the country braved the hottest day. Pepco spokesman said that all sources of power generation--hydel, thermal, IPPs and RPPs--produced 10,07
Published 25 Apr, 2011 12:00am
Electricity shortfall shoots to 6,000mw

Electricity shortfall shoots to 6,000mw

Electricity shortfall hit a new peak of 6,000 mw on Sunday, plunging the country into 10 to 15 hours of outages as the country braved the hottest day. Pepco spokesman said that all sources of power generation--hydel, thermal, IPPs and RPPs--produced 10,07
Published 25 Apr, 2011 12:00am
Electricity shortfall shoots to 6,000mw

Electricity shortfall shoots to 6,000mw

Electricity shortfall hit a new peak of 6,000 mw on Sunday, plunging the country into 10 to 15 hours of outages as the country braved the hottest day. Pepco spokesman said that all sources of power generation--hydel, thermal, IPPs and RPPs--produced 10,07
Published 25 Apr, 2011 12:00am
Energy sector's stakeholders: President convenes meeting today

Energy sector's stakeholders: President convenes meeting today

President Asif Ali Zardari has convened a meeting on Monday (today) of energy sector's stakeholders to evolve a strategy in order to overcome power shortage, reportedly surged to 6,000 megawatts (MW), in the country. Officials at the president's office an
Published 25 Apr, 2011 12:00am
Energy sector's stakeholders: President convenes meeting today

Energy sector's stakeholders: President convenes meeting today

President Asif Ali Zardari has convened a meeting on Monday (today) of energy sector's stakeholders to evolve a strategy in order to overcome power shortage, reportedly surged to 6,000 megawatts (MW), in the country. Officials at the president's office an
Published 25 Apr, 2011 12:00am
Energy sector''s stakeholders: President convenes meeting today

Energy sector''s stakeholders: President convenes meeting today

President Asif Ali Zardari has convened a meeting on Monday (today) of energy sector''s stakeholders to evolve a strategy in order to overcome power shortage, reportedly surged to 6,000 megawatts (MW), in the country. Officials at the president''s office
Published 25 Apr, 2011 12:00am
Leading Chinese tractor maker mulling investment

Leading Chinese tractor maker mulling investment

A leading Chinese tractor manufacturing firm is mulling over setting up four production units overseas, and Pakistan can be one of the choice countries for its investment because of increasing demand of its farmers to adopt mechanised farming.
Published 25 Apr, 2011 12:00am
Leading Chinese tractor maker mulling investment

Leading Chinese tractor maker mulling investment

A leading Chinese tractor manufacturing firm is mulling over setting up four production units overseas, and Pakistan can be one of the choice countries for its investment because of increasing demand of its farmers to adopt mechanised farming.
Published 25 Apr, 2011 12:00am
Leading Chinese tractor maker mulling investment

Leading Chinese tractor maker mulling investment

A leading Chinese tractor manufacturing firm is mulling over setting up four production units overseas, and Pakistan can be one of the choice countries for its investment because of increasing demand of its farmers to adopt mechanised farming.
Published 25 Apr, 2011 12:00am
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