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Archive - 2011-09-12
ICC awards winners
Cricket

ICC awards winners

LONDON : List of International Cricket Council (ICC) award winners announced here on Monday: Player: Jonathan Trott (
Published 12 Sep, 2011 11:09pm
US sends aid to Pakistan flood victims
Top News

US sends aid to Pakistan flood victims

WASHINGTON : The United States on Monday sent food and medical aid to Pakistan for the hundreds of thousands of pe
Published 12 Sep, 2011 10:34pm
Obama to visit Australia in November
Top News

Obama to visit Australia in November

WASHINGTON : President Barack Obama will make his previously cancelled trip to Australia to celebrate the key ally's 60
Published 12 Sep, 2011 07:16pm
ISE-10 witnesses bearish trend
Markets

ISE-10 witnesses bearish trend

ISLAMABAD: The Islamabad Stock Exchange (ISE-10) here on Monday witnessed bearish trend, as the index fell to 22.86 poin
Published 12 Sep, 2011 05:03pm
UN steps in as floods kill 200 in Sindh
Top News

UN steps in as floods kill 200 in Sindh

ISLAMABAD : The United Nations on Monday began a drive to feed half a million people affected by torrential rains in S
Published 12 Sep, 2011 02:49pm
China recognises new Libyan authorities
Top News

China recognises new Libyan authorities

BEIJING : China on Monday formally recognised the National Transitional Council (NTC) as Libya's government after the d
Published 12 Sep, 2011 02:39pm
OPEC cuts oil demand forecast
Energy

OPEC cuts oil demand forecast

LONDON : OPEC cut its forecast for global oil demand growth next year because of a worsening economic outlook and said a
Published 12 Sep, 2011 02:32pm
PFD issues funds of Rs38.96mn
Top News

PFD issues funds of Rs38.96mn

BAHAWALPUR : Punjab Finance Department has issued funds of Rs38.96 million to the schools of Bahawalpur district. A
Published 12 Sep, 2011 10:30am
Milan stocks drop over 4pc
Financial

Milan stocks drop over 4pc

MILAN: Milan's stock exchange dropped over 4.0 percent early Monday on fears of a potential default on Greek debt and sh
Published 12 Sep, 2011 10:28am
Exports surge 20.26pc in two months
Top News

Exports surge 20.26pc in two months

ISLAMABAD: Exports from the country during the first two months of the current fiscal year (2011-12) surged by 20.26 per
Published 12 Sep, 2011 09:00am
Rice earnings to be in check
BR Research

Rice earnings to be in check

Given the fact that Pakistan is one of the worlds biggest exporters of rice, annual rice production and FOB prices are the most-watched indi
Published 12 Sep, 2011 12:00am
Syrian forces raid homes after week of bloodshed

Syrian forces raid homes after week of bloodshed

Syrian forces stepped up raids across the country to arrest activists on Sunday after one of the bloodiest weeks in the six-month uprising against President Bashar al-Assad, residents and activists said.
Published 12 Sep, 2011 12:00am
Swedish police arrest four terror suspects

Swedish police arrest four terror suspects

Swedish police arrested four people on suspicion of preparing a terror attack and evacuated an arts centre in Sweden's second largest city on the eve of the 9/11 anniversary, officials said Sunday.
Published 12 Sep, 2011 12:00am
Iraq's Sadr says no anti-US attacks before pullout

Iraq's Sadr says no anti-US attacks before pullout

Radical Shia cleric Moqtada al-Sadr ordered his followers not to launch any attacks on US troops before a year-end deadline for their withdrawal, in a statement seen on Sunday. Sadr's remarks came just days after he backtracked on a call for popular anti-
Published 12 Sep, 2011 12:00am
Euro risks fall to $1.30 as Europe struggles on debt

Euro risks fall to $1.30 as Europe struggles on debt

A darkening eurozone economic outlook, a shrinking interest rate advantage and scepticism over European authorities' ability to resolve the sovereign debt crisis have raised the risk the euro will fall towards $1.30 before year-end.
Published 12 Sep, 2011 12:00am
Mideast markets: Egypt falls after protests; other markets mixed

Mideast markets: Egypt falls after protests; other markets mixed

Egypt's bourse slipped on Sunday after a weekend of protests against Israel and clashes with police further dampened investor appetite, while Gulf markets were mixed as Europe's ongoing debt woes continued to worry investors world-wide.
Published 12 Sep, 2011 12:00am
Franc, yen to stay firm as economies falter

Franc, yen to stay firm as economies falter

Safe-haven currencies will stay firm in the coming months as the intensifying crisis in Europe dampens risk appetite and will challenge currency interventions and exchange rate caps in the longer run, a Reuters poll found.
Published 12 Sep, 2011 12:00am
Banks' fate to drive British stocks next week

Banks' fate to drive British stocks next week

Trading on the London Stock Exchange is likely to be driven next week by the fate of British banks as final recommendations are due on a shake-up to avoid further state bailouts of lenders. The FTSE ended this past week down 1.46 percent amid further glob
Published 12 Sep, 2011 12:00am
Aussie to hold above parity, New Zealand dollar to firm

Aussie to hold above parity, New Zealand dollar to firm

The high-flying Australian dollar is seen pulling back very modestly in the coming months, but is still forecast to stay well-above parity as lofty domestic rates and a solid economy attract yield-hungry investors.
Published 12 Sep, 2011 12:00am
Tokyo shares may stay weak

Tokyo shares may stay weak

Japanese shares may stay under pressure in the coming week if US economic data and events to discuss the European sovereign debt problem fail to spur sentiment, brokers said. Finance ministers and central bankers from the Group of Seven industrialised cou
Published 12 Sep, 2011 12:00am
Sterling to nudge higher versus dollar, gain on euro

Sterling to nudge higher versus dollar, gain on euro

Sterling will inch higher against the dollar in the next 12 months despite expectations that the Bank of England will hold interest rates at record lows until the end of 2012, as the greenback faces headwinds of its own, a Reuters poll found.
Published 12 Sep, 2011 12:00am
Family ownership drags on Mexico's equity market

Family ownership drags on Mexico's equity market

To have a say in what goes on in a listed Mexican firm, all shareholders need to do is be born into the right family, marry well or be the world's richest man. Otherwise, it can be a struggle.
Published 12 Sep, 2011 12:00am
Family ownership drags on Mexico's equity market

Family ownership drags on Mexico's equity market

To have a say in what goes on in a listed Mexican firm, all shareholders need to do is be born into the right family, marry well or be the world's richest man. Otherwise, it can be a struggle.
Published 12 Sep, 2011 12:00am
India clinches Asian Hockey Champions Trophy

India clinches Asian Hockey Champions Trophy

Goalkeeper S Sreejesh stole the limelight with two crucial saves as India defeated arch-rivals Pakistan 4-2 via penalty shootout in a nerve-wrecking final to clinch the inaugural Asian Champions Trophy hockey tournament on Sunday. Rajpal Singh, Danish Muj
Published 12 Sep, 2011 12:00am
Sri Lanka fight for survival versus Aussies

Sri Lanka fight for survival versus Aussies

Sri Lanka put on a determined batting display on Sunday to improve their chances of forcing a draw in the second cricket Test against Australia. Sri Lanka, who were skittled out for 174 in their first innings, moved to 223-2 in their second knock before b
Published 12 Sep, 2011 12:00am
Nadal, Djokovic set-up dream US Open final

Nadal, Djokovic set-up dream US Open final

Defending champion Rafael Nadal booked a US Open title showdown against world number one Novak Djokovic on Saturday with a bruising 6-4, 6-2, 3-6, 6-2 win over British fourth seed Andy Murray. Nadal, the second seed, will be playing in his 14th Grand Slam
Published 12 Sep, 2011 12:00am
PCB not to use DRS in Tests against Sri Lanka, England

PCB not to use DRS in Tests against Sri Lanka, England

The Pakistan Cricket Board has decided against using the Decision Review System in the Test series against Sri Lanka and England but will have the technology in place for the ODI and Twenty20 matches. A senior PCB official told media before leaving for th
Published 12 Sep, 2011 12:00am
Football is like Pandora's box: Maradona

Football is like Pandora's box: Maradona

Argentine legend Diego Maradona said Sunday that football is like Pandora's box, as he spoke about the Emirati Al Wasl club, which he is coaching. "Football is like Pandora's box, you never know what surprises it has for you," he told reporters in Dubai,
Published 12 Sep, 2011 12:00am
Hafeez-Farhat partnership fires Pakistan past Zimabwe

Hafeez-Farhat partnership fires Pakistan past Zimabwe

Pakistan's Mohammad Hafeez with 139 runs and Imran Farhat with 75 formed a record-breaking opening partnership of 228 runs against Zimbabwe here Sunday to secure an overwhelming win in the second ODI to take the three-match series. Their combination beat
Published 12 Sep, 2011 12:00am
England win ODI series against India

England win ODI series against India

England won the one day series with India here on Sunday after they tied the fourth one day international leaving the world champions still winless in all forms of cricket on their tour this summer. Ravi Bopara made 96 as England chased India's 280-5 but
Published 12 Sep, 2011 12:00am
Serena sets up US Open final with Stosur

Serena sets up US Open final with Stosur

Three-time champion Serena Williams stormed past world number one Carolie Wozniacki on Saturday to set up a showdown with Samantha Stosur in what promises to be an emotional US Open women's final.
Published 12 Sep, 2011 12:00am
Iraqi oil minister says Kurdish exports halted

Iraqi oil minister says Kurdish exports halted

Iraq's semi-autonomous Kurdish region halted oil exports on Sunday, a move that will result in "big losses" for the national economy, Iraq's oil minister said. Kurdish government officials were not available for comment.
Published 12 Sep, 2011 12:00am
Saudi Oger picks arrangers for $2 billion loan

Saudi Oger picks arrangers for $2 billion loan

Saudi Arabian construction company Saudi Oger, said on Sunday it has mandated banks to arrange its first loan to be run by non-Saudi institutions, with syndication expected to begin shortly. Deutsche Bank, China Development Bank and Emirates NBD are to ac
Published 12 Sep, 2011 12:00am
Medvedev orders airline shutdown after crash

Medvedev orders airline shutdown after crash

Russian President Dmitry Medvedev on Sunday ordered his government to shut down unreliable airlines after 43 people were killed in a chartered plane crash that wiped out a top hockey team. The decision came as the nation mourned the latest in a string of
Published 12 Sep, 2011 12:00am
UBS boss says some banks may need state help

UBS boss says some banks may need state help

Some banks may have to get help from the state as plunging share prices could make it difficult to raise capital, UBS chief executive Oswald Gruebel told Swiss newspaper Sonntag in an interview published on Sunday.
Published 12 Sep, 2011 12:00am
UK looking at new measures to boost growth

UK looking at new measures to boost growth

Britain's finance minister, George Osborne, is looking at further measures to boost economic growth while sticking with plans to reduce the country's deficit, a government minister said on Sunday.
Published 12 Sep, 2011 12:00am
Beijing to fund VCs to aid local hi-tech

Beijing to fund VCs to aid local hi-tech

The Chinese government will give money to some venture capital investment firms in its latest effort to boost the development of what it labels strategic emerging industries.
Published 12 Sep, 2011 12:00am
Beijing to fund VCs to aid local hi-tech

Beijing to fund VCs to aid local hi-tech

The Chinese government will give money to some venture capital investment firms in its latest effort to boost the development of what it labels strategic emerging industries.
Published 12 Sep, 2011 12:00am
Iran hit by massive $2.6 billion banking scam

Iran hit by massive $2.6 billion banking scam

Several Iranian banks have been targeted in one of the biggest frauds in the Islamic republic's history, losing nearly $2.6 billion in more than two years, media reports said Sunday.
Published 12 Sep, 2011 12:00am
Volkswagen says Suzuki breached contract

Volkswagen says Suzuki breached contract

German carmaker Volkswagen said Japanese partner Suzuki had violated their near two-year old partnership and gave it weeks time to fix the situation, marking a new low in relations between the two. VW said on Sunday a deal by Suzuki to source diesel engin
Published 12 Sep, 2011 12:00am
Greece slaps new tax on property to cut deficit

Greece slaps new tax on property to cut deficit

Greece on Sunday slapped a new tax on real estate to plug a 2011 budget hole, please international lenders and secure a key new loan tranche as concerns mounted in Europe over its eurozone membership.
Published 12 Sep, 2011 12:00am
Credit Suisse provided customer data to US

Credit Suisse provided customer data to US

Swiss banking giant Credit Suisse on Sunday said it had provided Washington statistical data on US clients, local media reported. "Credit Suisse has provided statistical information on its US customers," the bank's Chairman of the Board of Directors Urs R
Published 12 Sep, 2011 12:00am
Italy jewellery sales to fall in 2011

Italy jewellery sales to fall in 2011

Jewellery sales in Italy, a major European market, will fall this year as soaring precious metal prices, weak economy and political uncertainty sap consumer demand, senior industry officials said on Sunday. Italy has been struggling to push through a 54 b
Published 12 Sep, 2011 12:00am
ADB to help digitise Bangladesh tax collection

ADB to help digitise Bangladesh tax collection

The Asian Development Bank is to provide 25 million dollars to Bangladesh to help it digitise its tax collection and land record systems in an effort to increase fiscal revenue, officials said Sunday.
Published 12 Sep, 2011 12:00am
France stakes future of EU on fate of euro

France stakes future of EU on fate of euro

France on Sunday staked the future of the European Union on the fate of the euro, saying the economic and political union at the heart of Europe would be at risk if the single currency were allowed to be torn apart by the region's sovereign debt crisis.
Published 12 Sep, 2011 12:00am
Facebook signs up to voluntary privacy code in Germany

Facebook signs up to voluntary privacy code in Germany

Facebook said on September 8 it would sign up to a voluntary code of conduct in Germany to protect users' data, the first time the site has agreed to such measures in a nation especially sensitive about privacy. "We support this initiative towards self-re
Published 12 Sep, 2011 12:00am
Samsung, Microsoft tie up for new tablet

Samsung, Microsoft tie up for new tablet

South Korea's Samsung Electronics has teamed up with Microsoft to make a new tablet computer powered by the US software giant's latest operating system, a report said on September 8. The Korea Economic Daily, citing an industry source, said the new tab ba
Published 12 Sep, 2011 12:00am
Apple to add stores in booming China market

Apple to add stores in booming China market

Apple plans to open its first store in Hong Kong and another in Shanghai by year's end, a spokeswoman said on September 6, as the maker of the iconic iPhone sets its sights on the booming China market.
Published 12 Sep, 2011 12:00am
Lenovo aims to beat Dell in PCs by year end

Lenovo aims to beat Dell in PCs by year end

China's Lenovo Group Ltd expects to surpass Dell to become the second largest seller of personal computers in the world by the end of the year, company Chairman Liu Chuanzhi said on September 9. The world's No.3 PC brand has seen strong sales in China and
Published 12 Sep, 2011 12:00am
Dell, Baidu team up for tablets, mobiles

Dell, Baidu team up for tablets, mobiles

Dell Inc is partnering China's top search engine Baidu Inc to develop tablet computers and mobile phones, targeting the Chinese market now dominated by Apple Inc and Lenovo devices. China is one of the fastest growing markets for tablets and is home to mo
Published 12 Sep, 2011 12:00am
Half of world's PCs use pirated software

Half of world's PCs use pirated software

Almost half of personal computer users around the world get their software illegally, with China's massive market the worst culprit, a report claimed September 7. A Business Software Alliance (BSA) survey showed 47 percent of PC users globally believe the
Published 12 Sep, 2011 12:00am
Google doodles a playful mix of art & technology

Google doodles a playful mix of art & technology

A tribute to legendary Queen front man Freddie Mercury took center stage at Google in much of the world on September 5 in the latest "doodle" merging technology and art to show the Internet giant's human side.
Published 12 Sep, 2011 12:00am
Smartphone tells Hong Kong passengers when next bus is due

Smartphone tells Hong Kong passengers when next bus is due

A new smartphone application will let Hong Kong passengers know exactly how many minutes to wait before a bus arrives, a news story said on September 5. The application, to be launched in October, aims at eliminating the frustration of waiting a long time
Published 12 Sep, 2011 12:00am
Cybercrime costs $114 billion a year

Cybercrime costs $114 billion a year

Cybercrime claimed 431 million adult victims last year and cost dollars 114 billion, according to a report published on September 7. The Norton Cybercrime Report 2011 said over 74 million people in the United States were cybercrime victims last year, suff
Published 12 Sep, 2011 12:00am
Twitter now 100 million active users, mobile surging

Twitter now 100 million active users, mobile surging

Only about half of Twitter's 200 million-plus registered members log on daily but the microblogging website is chalking up growth of 40 percent every quarter in mobile device usage, Chief Executive Dick Costolo said on September 8.
Published 12 Sep, 2011 12:00am
Toyota working on robust supply chain after quake

Toyota working on robust supply chain after quake

Toyota Motor Corp is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output six months later, a top executive said.
Published 12 Sep, 2011 12:00am
Pension funds in new crisis as deficit hole grows

Pension funds in new crisis as deficit hole grows

Pension funds in developed economies are facing a new crisis as falling equities and tumbling bond yields widen their deficits, threatening the incomes and retirement dates of future retirees. At the heart of their problems is a steady move by pension pla
Published 12 Sep, 2011 12:00am
Pension funds in new crisis as deficit hole grows

Pension funds in new crisis as deficit hole grows

Pension funds in developed economies are facing a new crisis as falling equities and tumbling bond yields widen their deficits, threatening the incomes and retirement dates of future retirees. At the heart of their problems is a steady move by pension pla
Published 12 Sep, 2011 12:00am
CEO pay exceeds taxes at 25 US firms: study

CEO pay exceeds taxes at 25 US firms: study

Twenty-five major US firms paid more to their chief executives than to federal tax collectors in 2010, with most of the companies receiving tax refunds, a liberal-leaning think tank said. The study by the Institute for Policy Studies comes ahead of anothe
Published 12 Sep, 2011 12:00am
Manulife targets Hong Kong growth

Manulife targets Hong Kong growth

Manulife Financial's Hong Kong division plans to add more agents and build up its share of Chinese currency-denominated business, the unit's chief executive said on September 07. Michael Huddart, head of the Hong Kong unit of Canada's largest insurer, sai
Published 12 Sep, 2011 12:00am
S&P issues gloomy outlook rating for shipping giant CMA CGM

S&P issues gloomy outlook rating for shipping giant CMA CGM

Shipping giant CMA CGM, the third-biggest container mover in the world, is at risk of breaching conditions on its debt and must take preventive action, ratings agency Standard & Poor's said on September 07. The agency revised its outlook for the French gr
Published 12 Sep, 2011 12:00am
Fiat CEO says Chrysler target solid despite economy

Fiat CEO says Chrysler target solid despite economy

Fiat Chief Executive Sergio Marchionne said on September 09 that the company's target for Chrysler sales in North America remains at 2 million units, despite a weakening economic outlook. "We'll be fine," he said after speaking to a business audience at t
Published 12 Sep, 2011 12:00am
Samsung SDI sees $70 billion global solar cell market by 2020

Samsung SDI sees $70 billion global solar cell market by 2020

South Korea's Samsung SDI Co Ltd said it expects the global solar cell market to be worth $70 billion by 2020, more than double last year's $30 billion, with falling prices and government support expected to drive demand globally.
Published 12 Sep, 2011 12:00am
Healthier living could cut 2.8 million cancer cases

Healthier living could cut 2.8 million cancer cases

Healthier lifestyles and better diets could prevent up to 2.8 million cases of cancer each year, the World Cancer Research Fund (WCRF) said on September 07, calling on governments to "avoid a public health disaster".
Published 12 Sep, 2011 12:00am
Plant-rich diets tied to lower breast cancer risk

Plant-rich diets tied to lower breast cancer risk

Women with diets rich in vegetables, fruit and legumes may have a somewhat decreased risk of developing one type of breast cancer, a new study suggests. The findings, from a large, long-running study of US nurses, showed that women with diets high in plan
Published 12 Sep, 2011 12:00am
Total Arctic sea ice at record low in 2010

Total Arctic sea ice at record low in 2010

The minimum summertime volume of Arctic sea ice fell to a record low last year, researchers said in a study, suggesting that thinning of the ice had outweighed a recovery in area. The study estimated that last year broke the previous, 2007 record for the
Published 12 Sep, 2011 12:00am
'Stemcell zoo' could save endangered species: study

'Stemcell zoo' could save endangered species: study

Scientists said they had produced the first stemcells from endangered species, a breakthrough that could potentially save dozens of animals teetering on the brink of extinction. "The best way to manage extinction is to preserve species and habitats but th
Published 12 Sep, 2011 12:00am
'Climate change greatest threat to Pacific'

'Climate change greatest threat to Pacific'

Climate change represents the greatest threat to the people of the Pacific region, a communique issued at the Pacific Islands Forum (PIF) in Auckland said on September 08. The 16-nation grouping said there was a urgent need to look at financing for Pacifi
Published 12 Sep, 2011 12:00am
Female smokers have more bladder symptoms

Female smokers have more bladder symptoms

Bladder problems seen more often among smokers than non-smokers may be further motivation for women to quit smoking, a new study suggests. Looking at 2,000 Finnish women ages 18 to 79, researchers found that smokers were three times as likely to say they
Published 12 Sep, 2011 12:00am
Many lifestyle factors linked to diabetes risk

Many lifestyle factors linked to diabetes risk

A new study reports that weight, diet, exercise, smoking and alcohol intake may each independently influence a person's risk of getting diabetes. Researchers found that even when people had a family history of diabetes or were overweight, they were less l
Published 12 Sep, 2011 12:00am
Can CO2 help with nasal allergies?

Can CO2 help with nasal allergies?

A shot of carbon dioxide to the nose may bring some quick, though short-lived, relief to people with nasal allergies, a preliminary study suggests. So-called intranasal carbon dioxide (CO2) is not yet an approved treatment for nasal allergies.
Published 12 Sep, 2011 12:00am
Six persons die in various accidents

Six persons die in various accidents

At least six persons were killed in different mishaps at various parts of the metropolis on Sunday. According to police and rescue officials, two persons were crushed to death, while five others, including a woman, were injured near Lucky Cement Factory i
Published 12 Sep, 2011 12:00am
South Sindh facing acute shortage of food, potable water

South Sindh facing acute shortage of food, potable water

Severe shortage of food, potable water, healthcare facilities and fuel has gripped all the districts of Sindh where the flash floods caused by heavy monsoon rains continues hitting since many days, as the supplies of eatables, medicines and fuel remain su
Published 12 Sep, 2011 12:00am
Politics of arms will divide Karachi: Imran

Politics of arms will divide Karachi: Imran

Pakistan Tehreek-e-Insaf chairman Imran Khan on Sunday said the politics of arms would divide Karachi and honest politicians should play their role to save the country. Addressing a press conference here he said the provincial and federal governments were
Published 12 Sep, 2011 12:00am
Fata youths to be provided ample opportunities: Kausar

Fata youths to be provided ample opportunities: Kausar

Khyber Pakhtunkhwa, Governor Barrister Masood Kausar said that Fata youths would be provided ample opportunities to show their worth in sports not only on national but at international level as well, adding "there is no dearth of talent in Fata, what need
Published 12 Sep, 2011 12:00am
Anti-polio campaign in Rawalpindi from September 19

Anti-polio campaign in Rawalpindi from September 19

A five-day anti polio campaign will be started from September 19 in the district to administer the drops to the children under the age of five. More than 6,55,874 children will be vaccinated during the campaign. EDO Finance, Saqib Manan expressed these vi
Published 12 Sep, 2011 12:00am
250 suspects held; huge cache of arms and 1,000 CNICs recovered

250 suspects held; huge cache of arms and 1,000 CNICs recovered

The law enforcement agencies (LEAs) on Sunday claimed to have detained over 250 persons as suspects and recovered over 1000 CNICs and a huge cache of weapons, including 256 rifle-grenades, in separate targeted search operations at various parts of the met
Published 12 Sep, 2011 12:00am
Actor Cliff Robertson dead at 88

Actor Cliff Robertson dead at 88

Oscar-winning US actor Cliff Robertson, who rocketed to fame after playing slain US president John F. Kennedy, died Saturday at the age of 88, The Los Angeles Times reported. The newspaper said Robertson passed away of natural causes at Stony Brook Univer
Published 12 Sep, 2011 12:00am
Rumsfeld says kept Pentagon open to send a message

Rumsfeld says kept Pentagon open to send a message

Former Defense Secretary Donald Rumsfeld says he kept the Pentagon open after a terrorist attack 10 years ago today to send a message. Rumsfeld tells ``Face the Nation' on CBS that he didn't want the world to think that a group of terrorists could shut do
Published 12 Sep, 2011 12:00am
French hostage rescued from pirates after gunfight

French hostage rescued from pirates after gunfight

A French woman rescued from pirates was freed after a Spanish navy patrol boat fought a fierce gun battle off the Somali coast, Spain's defence ministry said on Sunday. The gunboat spotted the pirates' skiff on Saturday afternoon and, with the help of a n
Published 12 Sep, 2011 12:00am
Three shot dead by police in southern India

Three shot dead by police in southern India

At least three protestors were killed in India's southern state of Tamil Nadu after police opened fire at a demonstration, news reports said. Over a dozen policemen were injured in Ramanathapuram district when Dalits (members of India's so-called lower ca
Published 12 Sep, 2011 12:00am
Egypt, Israel seek return to normal after storming

Egypt, Israel seek return to normal after storming

Egypt and Israel said on Sunday they wanted a return to normal diplomatic activities after the Israeli ambassador flew home following the storming of the embassy in Cairo during violent protests.
Published 12 Sep, 2011 12:00am
Gulf bloc plans five-year aid scheme for Jordan, Morocco

Gulf bloc plans five-year aid scheme for Jordan, Morocco

Gulf Arab countries plan to fund a five-year development aid programme for Morocco and Jordan, aspiring members of the Gulf Co-operation Council (GCC) political and economic bloc, and the amount will be set in December, the GCC's chief said on Sunday.
Published 12 Sep, 2011 12:00am
Improvement in GCI ranking

Improvement in GCI ranking

It is a matter of some relief that at a time when the country is facing all sorts of problems, it has at least managed to bounce back to 118th position from last year's 123rd in the overall ranking in the Global Competitiveness Index (GCI) released by the
Published 12 Sep, 2011 12:00am
Isaf must stop cross-border attacks

Isaf must stop cross-border attacks

The new commander of the International Security Assistance Force (Isaf) in Afghanistan, US General John Allen, got an earful during his first visit to Pakistan on Wednesday. According to media reports, his hosts, upset over Pakistani Taliban using sanctua
Published 12 Sep, 2011 12:00am
Politics: the art of the possible

Politics: the art of the possible

Politics as the art of the possible, attributed to Otto von Bismarck, is an adage that Pakistani politicians appear to be dedicated to revalidating. Forming alliances to save one's government against those one has accused of murder, corruption and poor go
Published 12 Sep, 2011 12:00am
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