BR100 Decreased By (-0.23%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.74 Increased By ▲ 0.05 (0.65%)
BECO 5.29 Decreased By ▼ -0.02 (-0.38%)
BML 60.01 Decreased By ▼ -1.22 (-1.99%)
BOP 36.46 Increased By ▲ 0.46 (1.28%)
CNERGY 11.94 Increased By ▲ 0.69 (6.13%)
CSIL 6.17 No Change ▼ 0.00 (0%)
FCCL 57.36 Increased By ▲ 0.48 (0.84%)
FFL 16.58 Increased By ▲ 0.07 (0.42%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.32 Decreased By ▼ -0.10 (-1.35%)
KOSM 6.05 No Change ▼ 0.00 (0%)
LOTCHEM 27.14 Decreased By ▼ -0.06 (-0.22%)
MLCF 102.07 Decreased By ▼ -1.02 (-0.99%)
NBP 206.35 Decreased By ▼ -1.28 (-0.62%)
NCPL 62.62 Increased By ▲ 0.70 (1.13%)
NPL 71.98 Decreased By ▼ -0.20 (-0.28%)
OGDC 319.19 Increased By ▲ 0.70 (0.22%)
PACE 11.38 Increased By ▲ 0.32 (2.89%)
PAEL 43.88 Decreased By ▼ -0.50 (-1.13%)
PIBTL 16.84 Decreased By ▼ -0.06 (-0.36%)
PPL 221.55 Decreased By ▼ -0.93 (-0.42%)
PRL 63.75 Decreased By ▼ -0.06 (-0.09%)
PTC 72.41 Decreased By ▼ -0.75 (-1.03%)
SSGC 27.28 Increased By ▲ 0.03 (0.11%)
TBL 9.86 Decreased By ▼ -0.02 (-0.2%)
TELE 8.62 Decreased By ▼ -0.19 (-2.16%)
TPL 20.68 Increased By ▲ 0.34 (1.67%)
TPLP 14.98 Increased By ▲ 0.01 (0.07%)
TREET 24.10 No Change ▼ 0.00 (0%)
TRG 63.29 Increased By ▲ 0.92 (1.48%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-09-29
India should step up privatisation
Top News

India should step up privatisation

LONDON : India 's surprise rise in its borrowing target provides the perfect excuse to push harder on selling stakes in
Published 29 Sep, 2011 04:51pm
European stocks end mixed
Financial

European stocks end mixed

LONDON : Most European stocks closed higher on Thursday after Germany voted to boost the eurozone bailout fund and posi
Published 29 Sep, 2011 04:14pm
Sarkozy to meet with Greek PM
Europe

Sarkozy to meet with Greek PM

  PARIS : French President Nicolas Sarkozy will meet Greek Prime Minister George Papandreou in Paris on Friday to d
Published 29 Sep, 2011 03:19pm
Pakistan rejects US allegations: PM
Top News

Pakistan rejects US allegations: PM

KARACHI : Prime Minister Syed Yousuf Raza Gilani has called the All Parties Conference to review national security in li
Published 29 Sep, 2011 09:48am
Pak, India to double trade to $6 bn
Top News

Pak, India to double trade to $6 bn

Mumbai: Pakistan and India Wednesday agreed to ‘normalise’ their economic relations, setting an ambitious target of
Published 29 Sep, 2011 06:48am
Khar returns from US visit
Top News

Khar returns from US visit

ISLAMABAD: Foreign Minister Hina Rabbani Khar has returned on Thursday morning from the United States after attending
Published 29 Sep, 2011 05:52am
Japan retail sales fall in August
Top News

Japan retail sales fall in August

TOKYO: Japan's retail sales fell for the first time in three months during August, data showed on Thursday, amid concern
Published 29 Sep, 2011 05:18am
Urea demand fights high price
BR Research

Urea demand fights high price

The National Fertilizer Development Centre (NFDC) has revealed fertiliser statistics for August 2011 and it was not much of a surprise. The
Published 29 Sep, 2011 12:00am
Consistently inconsistent
BR Research

Consistently inconsistent

When it comes to policy making, the Pakistani government has proved to be consistently inconsistent. It is clear from recent happenings that
Published 29 Sep, 2011 12:00am
VIEWPOINT: Pak-US tensions and the Afghan endgame

VIEWPOINT: Pak-US tensions and the Afghan endgame

Remember General Stanley McChrystal, former commander of US forces in Afghanistan? President Obama fired him a little over a year ago because his "conduct, represented in the recently published article, does not meet the standard that should be set by a c
Published 29 Sep, 2011 12:00am
Confronting litigation in asset protection

Confronting litigation in asset protection

There is much misconception about asset protection. There are reasons for that, for example, where an asset management advisor misguides his client by making him believe that assets can be protected by transferring them to a tax haven or by creating a com
Published 29 Sep, 2011 12:00am
Pakistan-US relations: a historical perspective

Pakistan-US relations: a historical perspective

The history of Pakistan-US relations shows that since the signing of the 'Mutual Defence Assistance Agreement' on May 19, 1954 and the signing of 'Mutual Security: Defence Support Assistance Agreement" on January 11, 1955 Pakistan has not violated any pro
Published 29 Sep, 2011 12:00am
Flyover needs to be repaired

Flyover needs to be repaired

I want to raise a very important matter concerning a flyover that links Murghi Khana (Quaidabad) to Malir. This is an old flyover. Thousands of heavy and light transportation pass over it the whole day. Due to constant traffic, every joint of the flyover
Published 29 Sep, 2011 12:00am
QAU students raise Rs 0.8 million for flood victims

QAU students raise Rs 0.8 million for flood victims

Students of Quaid-e-Azam University (QAU) have collected Rs 0.8 million in one week to assist the flood-affected people of Sindh. The drive to collect Rs 1.2 million for flood-hit people was launched by Quaid-e-Azam University Welfare Society, which recei
Published 29 Sep, 2011 12:00am
Etihad to boost flights to Riyadh from October 30

Etihad to boost flights to Riyadh from October 30

Etihad Airways, the national airline of the United Arab Emirates, will substantially boost flights to Riyadh from a daily service to 13 flights a week from October 30. The new Riyadh schedule, to be operated by Airbus A320 and A330 aircraft, will boost co
Published 29 Sep, 2011 12:00am
Overloading of passengers: IG NH&MP directs strict action against PSVs

Overloading of passengers: IG NH&MP directs strict action against PSVs

Inspector General National Highways and Motorway Police (NH&MP) Zafarullah Khan has ordered that no overloading of passengers in public service vehicles (PSVs) would be allowed and strict action be taken against the violators. The IGP issued these directi
Published 29 Sep, 2011 12:00am
Supreme Court allows Rind to contest election

Supreme Court allows Rind to contest election

The Supreme Court on Wednesday allowed leader of Balochistan National Party (BNP), Muhammad Ali Rind, to contest election for Parliament. A three-member bench headed by Justice Mian Shakirullah Jan heard the plea filed by Muhammad Ali Rind against his ele
Published 29 Sep, 2011 12:00am
Lawyers' struggle against dictatorship lauded

Lawyers' struggle against dictatorship lauded

Federal Minister for Communications, Dr Arbab Alamgir Khan Khalil has lauded the struggle made by legal fraternity for supremacy of rule of law, Constitution and against dictatorship. President PPP Khyber Pakhtunkhwa Women Wing, and MNA, Asma Alamgir Arba
Published 29 Sep, 2011 12:00am
Chaudhry Zulfiqar elected chairman PLGMEA

Chaudhry Zulfiqar elected chairman PLGMEA

Chaudhry Ahmed Zulfiqar Hayat has been unanimously elected as Chairman of the Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) Central for the year 2011-2012 in the 1st meeting of newly elected 9th Central Executive Board held in
Published 29 Sep, 2011 12:00am
Floods damage crops over 11,737 acres of area in Balochistan

Floods damage crops over 11,737 acres of area in Balochistan

The recent floods in Balochistan damaged 11,737 acres of cropped area and caused 23 casualties with 77,497 people affected in seven districts of the province. Around 34,400 people were affected in Naseerabad district. In Jaferabad 14,089 people while in K
Published 29 Sep, 2011 12:00am
Dispute over border checkpost in 2007

Dispute over border checkpost in 2007

The US military publication - Stars and Stripes has regurgitated the 2007 killing of American Major Larry Bauguess and accused "Pakistani government troops and intelligence officer" in its September 27, 2011 publication while the Pakistanis firmly maintai
Published 29 Sep, 2011 12:00am
Pakistan calls for developing international IP System

Pakistan calls for developing international IP System

Pakistan, while reaffirming its commitment to the International Intellectual Property (IP) System, called for further efforts at global level to develop an international IP System that is balanced and is flexible in meeting the needs of countries at diffe
Published 29 Sep, 2011 12:00am
Government urged to make NCHD functional

Government urged to make NCHD functional

The employees and management of the National Commission for Human Development (NCHD) is passing through an impending grave situation and the livelihood of 16,000 workers living all over Pakistan is threatened. In lieu of the 18th amendment, the federal go
Published 29 Sep, 2011 12:00am
FAUJI CEMENT COMPANY LIMITED

FAUJI CEMENT COMPANY LIMITED

The leader in the cement manufacturing industry, Fauji Cement Company, was sponsored by Fauji Foundation and incorporated in Rawalpindi in 1992. It has a cement plant located in Jhang Bathar, Punjab. The cement plant operating of the company has an annual
Published 29 Sep, 2011 12:00am
FAUJI CEMENT COMPANY LIMITED

FAUJI CEMENT COMPANY LIMITED

The leader in the cement manufacturing industry, Fauji Cement Company, was sponsored by Fauji Foundation and incorporated in Rawalpindi in 1992. It has a cement plant located in Jhang Bathar, Punjab. The cement plant operating of the company has an annual
Published 29 Sep, 2011 12:00am
Pakistan should not be afraid of US threats: DBA

Pakistan should not be afraid of US threats: DBA

Lawyers have accused America of sponsoring terrorism in Pakistan and demanded the Pakistani government to segregate itself from the war on terror. The High Court Bar Association Multan passed a resolution against American threats to Pakistan on Wednesday.
Published 29 Sep, 2011 12:00am
FBR urged to withdraw SRO 821(I)

FBR urged to withdraw SRO 821(I)

Pakistan Hardware Merchants Association (PHMA) Multan Chapter has said that the SRO 821(I) 2011 will not only strengthen black economy but it would also lead to corrupt practices in the country. Therefore, the Federal Board of Revenue (FBR) should immedia
Published 29 Sep, 2011 12:00am
Tetra Pak launches CIP Tetra Alcip system

Tetra Pak launches CIP Tetra Alcip system

Tetra Pak, the world leader in food processing and packaging solutions, has launched the latest intelligent cleaning-in-place (CIP) Tetra Alcip system. Featuring a new automation platform, Tetra Alcip improves accuracy significantly over alternatives and
Published 29 Sep, 2011 12:00am
World Heart Day today

World Heart Day today

With estimated 60 million in Pakistan facing heart diseases, "World Heart Day," is being observed here like other parts of the world on Thursday (today) with a resolve to continue efforts for creation of healthy society through checking the burden of dise
Published 29 Sep, 2011 12:00am
Aasim Shah elected as chairman APBUMA

Aasim Shah elected as chairman APBUMA

Elections of All Pakistan Bedsheets and Upholstry Manufacturers Association (APBUMA) were completed here in peaceful manners. Syed Muhammad Aasim Shah (Multan) has been elected unopposed as chairman of the association for 2011-12, while Tanvir Ahmed Sheik
Published 29 Sep, 2011 12:00am
Imran Amjad elected chairman PDA

Imran Amjad elected chairman PDA

Haleeb Foods Limited CEO, Imran Amjad and Noon Pakistan Limited M.D, Safdar M. Hayat Qureshi have unanimously been elected as Chairman and Vice-Chairman of the Pakistan Dairy Association (PDA), respectively for the period from October 01, 2011 to Septembe
Published 29 Sep, 2011 12:00am
Maldives' HC calls on Admiral Farrokh

Maldives' HC calls on Admiral Farrokh

High Commissioner of Maldives, Dr Aishath Shehenaz Adam on Wednesday called on Additional Secretary, Ministry of Defence, Rear Admiral Farrokh Ahmad and discussed with him signing of transfer certificate to enhance Defence Co-operation between the two cou
Published 29 Sep, 2011 12:00am
Gilani urges nation to stand united to confront challenges

Gilani urges nation to stand united to confront challenges

Prime Minister Syed Yousuf Raza Gilani on Wednesday urged the nation to stand united to face the several challenges the country was facing and to thwart all attempts to destabilise Pakistan. Addressing the lawyer community here during his daylong visit to
Published 29 Sep, 2011 12:00am
Alleged target killer arrested from Liaquatabad

Alleged target killer arrested from Liaquatabad

The anti-extremism cell of Crime Investigation Department (CID) of police arrested an alleged target killer from Liaquatabad and recovered a Kalashnikov, four repeater guns and several rounds from his possession while his other accomplices managed to flee
Published 29 Sep, 2011 12:00am
BNP-M leader killed

BNP-M leader killed

Unidentified armed assailants gunned down the central leader of Balochistan National Party (Mengal) and President Jhalawan Lawyers Forum, Abudl Salam Baloch Advocate here on Wednesday evening. Local Levies sources said the deceased was on his way home fro
Published 29 Sep, 2011 12:00am
Policeman shot dead

Policeman shot dead

A policeman was killed when unknown miscreants here in the wee hours of Wednesday opened fire on patrolling vehicle of Khazana police station. Police said Zulfiqar Khan, personnel of Special Police Force was shot dead when police mobile was ambushed at Ha
Published 29 Sep, 2011 12:00am
Only 85 of 540 Railways locomotives operational

Only 85 of 540 Railways locomotives operational

Pakistan Railways is continuing its downward trend, as out of Pakistan Railways fleet of 540 locomotives only 85 are operational and running a few remaining up and down the country, official sources told Business Recorder here on Wednesday. They sa
Published 29 Sep, 2011 12:00am
UAE emerges as top destination of Pakistani mangoes

UAE emerges as top destination of Pakistani mangoes

The United Arab Emirates (UAE) has emerged as the top importer of Pakistani mangoes by importing about 19984.37 tons mangoes during the period from July-April 2010-11. The mangoes export to UAE registered an increase of 31.91 percent when it was compared
Published 29 Sep, 2011 12:00am
Mohsin Aziz elected chairman Aptma Unopposed

Mohsin Aziz elected chairman Aptma Unopposed

Mohsin Aziz has been elected unopposed as central Chairman All Pakistan Textile Mills Association (Aptma) for 2011-12. The newly-elected chairman Aptma is a renowned and seasoned businessman from Khyber Pakhtunkhawa (KP). He has already served Aptma as ce
Published 29 Sep, 2011 12:00am
Youth urged to help eliminate dengue

Youth urged to help eliminate dengue

Deputy Speaker Mushood Ahmed Khan talking to a delegation in Punjab Assembly premises on Wednesday said that 70 percent of the population of Pakistan comprised of youngsters therefore they should help government eliminate dengue epidemic. He said that Pun
Published 29 Sep, 2011 12:00am
Stolen medicines of government worth Rs 3.5 million seized

Stolen medicines of government worth Rs 3.5 million seized

The Special Drug Squad, headed by DIG Major Mubashar Ullah seized government's stolen medicines worth Rs 3.5 million from various private hospitals and medical stores and arrested 12 persons. The cases have been registered against the accused and investig
Published 29 Sep, 2011 12:00am
New version of Samsung Apps introduced

New version of Samsung Apps introduced

Samsung Electronics Co Ltd, on Wednesday introduced a new version of its hugely successful application store, Samsung Apps. The new version will be made available initially to Samsung Wave smartphones running on the new bada 2.0 OS, and rolled out globall
Published 29 Sep, 2011 12:00am
ADB to scale up infrastructure development funding to $1 billion

ADB to scale up infrastructure development funding to $1 billion

The Asian Development Bank (ADB) wants to enhance its funding for infrastructure development projects in Pakistan to $1 billion per year. This was stated by the country director ADB, Werner E Liepach, while talking to media at a seminar on "business oppor
Published 29 Sep, 2011 12:00am
Karzai questions future of peace talks

Karzai questions future of peace talks

Afghan President Hamid Karzai, long a staunch advocate of peace talks with the Taliban, on Wednesday questioned whether the insurgent group was able to seek a political settlement and blamed Pakistan for fomenting instability. The Afghan president had met
Published 29 Sep, 2011 12:00am
More US military action in Pakistan possible: Graham

More US military action in Pakistan possible: Graham

Support is growing in the US Congress for expanding American military action in Pakistan beyond drone strikes already used to target militants in Pakistani territory, a senior Republican US senator says.
Published 29 Sep, 2011 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold fell 1.5 percent on Wednesday as the US dollar gained on doubts over the progress of Europe's efforts to tackle its debt crisis, while this week's brutal correction in bullion also kept investors at bay. Bullion erased initial gains as the dollar acc
Published 29 Sep, 2011 12:00am
US MIDDAY: copper tumbles

US MIDDAY: copper tumbles

Copper ended sharply lower on Wednesday as worries about Europe's debt situation prompted another round of long liquidation that erased nearly all of the previous session's "risk-on" rally. A day after copper posted its biggest one-day gain since February
Published 29 Sep, 2011 12:00am
US MIDDAY: grains down

US MIDDAY: grains down

US corn futures fell 2 percent to nearly a three-month low early on Wednesday on seasonal harvest pressure, signs of waning demand and jitters about the global economy. At 11:24 am CDT (1624 GMT), bellwether new-crop December corn was down 11-3/4 cents pe
Published 29 Sep, 2011 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices firmed on Wednesday, continuing the previous session's consolidation after Monday's heavy losses, as price-sensitive physical buyers bought into the market at lower prices, and as assets seen as higher risk retreated. Spot gold was up 0.4 perc
Published 29 Sep, 2011 12:00am
Gold falls in Asia

Gold falls in Asia

Gold slipped 1 percent in volatile trade on Wednesday as the US dollar regained strength on doubts over the progress of Europe's efforts to tackle the region's debt crisis, while this week's brutal correction also kept investors at bay. Spot gold fell $4.
Published 29 Sep, 2011 12:00am
US gold surges

US gold surges

Gold rose almost 1.5 percent on Tuesday on a weak dollar and renewed risk appetite, but bullion ended off highs as its recovery from the steepest three-day drop in nearly three decades appeared to falter. Bullion gained as the US stock market rallied 1 pe
Published 29 Sep, 2011 12:00am
Soft commodity markets weaker

Soft commodity markets weaker

Soft commodity futures were easier on Wednesday as traders remained focused on Europe's efforts to tackle its debt crisis. Raw sugar turned lower late due to investor sales while arabica coffee handed back its gains after forecasts for beneficial rain in
Published 29 Sep, 2011 12:00am
Malaysian palm oil falls

Malaysian palm oil falls

Malaysian palm oil futures fell 1.3 percent on Wednesday, weighed down by losses in other edible oils and investor worries about the ability of European leaders to tackle a debt crisis threatening the global financial system. Benchmark December palm oil f
Published 29 Sep, 2011 12:00am
US wheat and corn higher

US wheat and corn higher

US grains futures extended gains, ending higher on Tuesday as part of a broad rally in commodities spurred by hopes that fresh measures from European policy makers might contain the region's debt crisis and shore up the global economy. Corn prices saw a l
Published 29 Sep, 2011 12:00am
Tokyo and Shanghai rubber fall

Tokyo and Shanghai rubber fall

Key Tokyo rubber futures settled down 3.1 percent after plunging as much as 6.2 percent on Wednesday, and the market may struggle to stay above key support at 300 yen before a long holiday in China and due to worries that upcoming US data may disappoint.
Published 29 Sep, 2011 12:00am
Brent crude sinks

Brent crude sinks

Brent crude resumed its downward trend on Wednesday, falling 3 percent as Europe's debt crisis continued to worry markets, while a larger-than-expected build in weekly US crude oil inventories also weighed. Doubts about whether Greece would get more aid t
Published 29 Sep, 2011 12:00am
Copper declines

Copper declines

Copper fell on Wednesday as worries about economic growth in the western world and a strong dollar hit sentiment, but expectations of strong demand from top consumer China helped curb further losses. Benchmark copper on the London Metal Exchange was untra
Published 29 Sep, 2011 12:00am
Shanghai copper up

Shanghai copper up

The most-active December copper contract on the Shanghai Futures Exchange edged up 0.2 percent to close at 55,170 yuan ($8,621.39) per tonne on Wednesday, after ending the previous session 3.2 percent higher. CIFCO Futures analyst Zhou Jie said short posi
Published 29 Sep, 2011 12:00am
US copper higher

US copper higher

Copper ended sharply higher on Tuesday, snapping back from a 14-month low hit in the previous session, as European efforts to strengthen the region's bail out fund restored greater confidence in global markets. In New York, the key December COMEX contract
Published 29 Sep, 2011 12:00am
New York cotton ends quietly lower

New York cotton ends quietly lower

Cotton futures settled lower Wednesday on investor sales as the market was again pinned in a trading band with players reluctant to take positions in fibre contracts given the debt woes in Europe, analysts said. The key December cotton contract on ICE Fut
Published 29 Sep, 2011 12:00am
More insecurity, civilian casualties in Afghanistan: UN

More insecurity, civilian casualties in Afghanistan: UN

Afghanistan has become more insecure in 2011 from a year ago, with a sharp rise in security incidents and higher numbers of civilian casualties, displaced people and complex suicide attacks, a UN report said on Wednesday. The total number of security inci
Published 29 Sep, 2011 12:00am
Drugs worth $350 million seized in Afghanistan

Drugs worth $350 million seized in Afghanistan

Afghan and foreign troops seized drugs worth an estimated $350 million in southern Afghanistan, including some 100 kg (220 lbs) of heroin, in one of the biggest narcotics busts since the decade-old war began, the coalition said on Wednesday. Troops raided
Published 29 Sep, 2011 12:00am
NTC thinks Qadhafi hiding near Algeria

NTC thinks Qadhafi hiding near Algeria

Libya's new rulers said on Wednesday they believed fugitive former leader Muammar Qadhafi was being shielded by nomadic tribesmen in the desert near the Algerian border, while his followers fend off assaults on his hometown. Intense sniper and artillery f
Published 29 Sep, 2011 12:00am
Swiss parliament approves nuclear plant phase out

Swiss parliament approves nuclear plant phase out

The Swiss parliament's upper house Wednesday approved plans to phase out the country's nuclear plants over the next two decades in the wake of the Fukushima disaster in Japan. It followed a June vote by the lower chamber to back an exit from nuclear energ
Published 29 Sep, 2011 12:00am
Eight dead in Bangladesh boat sinking

Eight dead in Bangladesh boat sinking

At least eight people have died and more are feared missing after a boat packed with over 100 people sank in north-eastern Bangladesh on Wednesday, police said. The overcrowded boat sank just yards from the river station at Durlavpur in Sunamganj district
Published 29 Sep, 2011 12:00am
Tanks shell anti-Assad fighters for second day

Tanks shell anti-Assad fighters for second day

Tanks pounded a Syrian town that has become a refuge for army deserters for a second day on Wednesday, residents said, in the first major battle with defecting soldiers since a six-month-old revolt against President Bashar al-Assad began. At least 1,000 d
Published 29 Sep, 2011 12:00am
Syrian nuclear engineer killed by attackers

Syrian nuclear engineer killed by attackers

Unidentified attackers killed a nuclear engineer on Wednesday in the Syrian city of Homs, 160 kilometres (100 miles) north of Damascus, the Syrian Observatory for Human Rights said. "Nuclear engineer Aws Abdel Karim Khalil was killed this morning by unkno
Published 29 Sep, 2011 12:00am
Sri Lanka to scrap on-arrival visas

Sri Lanka to scrap on-arrival visas

Sri Lanka on Wednesday said it will throw out an existing on-arrival visa scheme for 76 countries in favour of an online application process, a move tourism operators criticised as an additional barrier to visitors. Currently, visitors from 78 nations are
Published 29 Sep, 2011 12:00am
English court in landmark right-to-die ruling

English court in landmark right-to-die ruling

An English judge ruled on Wednesday that a brain-damaged, minimally conscious woman should not be allowed to die, in a landmark case about the right to life-supporting treatment. High Court judge Scott Baker said it was the first time an English court had
Published 29 Sep, 2011 12:00am
Bahrain court upholds life terms for opposition leaders

Bahrain court upholds life terms for opposition leaders

A Bahraini special court has upheld life jail sentences served on seven Shia opposition leaders convicted of plotting to overthrow the regime in the Gulf kingdom, BNA official news agency said.
Published 29 Sep, 2011 12:00am
2,900 arrested in US illegal immigration sweep

2,900 arrested in US illegal immigration sweep

US authorities arrested 2,900 illegal immigrants with criminal records during a seven-day nation-wide sweep, the biggest of its kind, immigration officials said Wednesday. The Immigration and Customs Enforcement agency said the operation, which it dubbed
Published 29 Sep, 2011 12:00am
13 dead in US listeria outbreak linked to cantaloupe

13 dead in US listeria outbreak linked to cantaloupe

At least 13 people have died across the United States in a cantaloupe-linked outbreak of the bacterial disease listeriosis, according to government medical investigators. The Centers for Disease Control and Prevention on Wednesday confirmed at least 13 de
Published 29 Sep, 2011 12:00am
Iran equips marine forces with 'cruise' missile

Iran equips marine forces with 'cruise' missile

Iran has equipped its naval forces with a short range "cruise missile," able to hit targets in coastal areas and warships within "200 kilometres (125 miles), the country's defence minister was quoted as saying on Wednesday.
Published 29 Sep, 2011 12:00am
Secret Russian missile fails in testing

Secret Russian missile fails in testing

A new intercontinental Russian missile whose development has been kept as a state secret failed in its first test-firing and crashed back into the launch zone, reports said Wednesday. Reports published on Russian news agencies about the failed test firing
Published 29 Sep, 2011 12:00am
Egypt's former minister gets seven years

Egypt's former minister gets seven years

A Cairo court on Wednesday sentenced the former information minister to seven years behind bars and the former head of state TV to five years on corruption charges. Judge Abdallah Abul Hashem ordered ex-information minister Anas al-Fikki jailed for seven
Published 29 Sep, 2011 12:00am
PCB to use Shoaib Akhtar book in court case

PCB to use Shoaib Akhtar book in court case

Pakistan cricket authorities said Wednesday they would use confessions made by retired paceman Shoaib Akhtar in his autobiography in court to justify disciplining the former international. In the book, launched last week in India, Akhtar confessed to ball
Published 29 Sep, 2011 12:00am
Defending champ Wozniacki crashes out

Defending champ Wozniacki crashes out

Unseeded Estonian Kaia Kanepi toppled world number one Caroline Wozniacki in the Pan Pacific Open tennis tournament on Wednesday, dashing the Dane's hopes of defending her title in Tokyo. The 21-year-old Wozniacki, playing her first tournament since her s
Published 29 Sep, 2011 12:00am
South Africa to host 2013 African Nations Cup

South Africa to host 2013 African Nations Cup

South Africa has been confirmed as host of the 2013 African Nations Cup after the Confederation of African Football (CAF) confirmed a swap with war-torn Libya which had originally been chosen to stage the continental championship. CAF's executive committe
Published 29 Sep, 2011 12:00am
Farhan wins Squash Championship

Farhan wins Squash Championship

Farhan Mehboob beat Mansoor Zaman 3-0 on Wednesday in the final of Air Staff International Squash Championship, 2011 played at Mushaf Squash Complex. Favourite Farhan, from Peshawar, brushed aside experienced fourth seed Mansoor Zaman 11-5, 11-4, 11-8.
Published 29 Sep, 2011 12:00am
Tevez denies refusing to play for City

Tevez denies refusing to play for City

Manchester City star Carlos Tevez denied refusing to play for the club Wednesday as English football united in condemnation of his behaviour in the Champions League tie with Bayern Munich. City manager Roberto Mancini declared Tevez was "finished" at the
Published 29 Sep, 2011 12:00am
Johnson dropped from T20 squad

Johnson dropped from T20 squad

Fast bowler Mitchell Johnson was a surprise omission Wednesday from Australia's Twenty20 squad for their tour of South Africa, while batsman David Hussey was dropped from the One-day line-up. Australia play two T20s against South Africa on October 13 and
Published 29 Sep, 2011 12:00am
Directives to shift relief camps from schools

Directives to shift relief camps from schools

Sindh Forest Department's Secretary Sohail Akber Shah, who is also the chief of relief operations, has directed the respective district administrations to get vacate the school buildings being used as relief camps after making alternate arrangements.
Published 29 Sep, 2011 12:00am
SU declares Saturday as official holiday

SU declares Saturday as official holiday

The University of Sindh has declared to observe every Saturday as official holiday and notified new office timings for winter with effect from October 1. According to a notification issued by the SU Registrar on Wednesday, Vice Chancellor of the Universit
Published 29 Sep, 2011 12:00am
FFBL organising seminar today

FFBL organising seminar today

Fauji Fertiliser Bin Qasim Limited (FFBL) is organising its second one-day national seminar on "Health, Safety & Environment" on Thursday at Marriott Hotel, Karachi. According to executive (Protocol) FFBL, Syed Zafar Tahir Rizvi, the seminar aims to provi
Published 29 Sep, 2011 12:00am
Rain-hit people begin returning homes in Sindh

Rain-hit people begin returning homes in Sindh

According to the report gathered from concerned District Administrations, rain-hit people in the Hyderabad region have started to return their villages/homes, especially in Badin, Jamshoro and Matiari districts. However, 2,48,321 rain-hit vicitims are sti
Published 29 Sep, 2011 12:00am
KCA elects office-bearers

KCA elects office-bearers

According to the final results of the election of executive committee members and office-bearers of the KCA announced in the annual general meeting of Karachi Cotton Association (KCA) held on 27-9-2011 at the Office of the Karachi Cotton Association, The
Published 29 Sep, 2011 12:00am
Pakistan Business Leader's Summit held

Pakistan Business Leader's Summit held

The 1st Pakistan Business Leader's Summit was held on Wednesday at a local hotel in Karachi. The theme of the conference was 'Business leadership for new economic realities'. The Conference was organised by Nutshell Forum in collaboration with PPMA, ICAP,
Published 29 Sep, 2011 12:00am
Yuan higher

Yuan higher

China's yuan ended up slightly on Wednesday after the central bank fixed the mid-point at a record high level in the run-up to a US Senate debate on a currency bill next week. The yuan closed at 6.3938 versus the dollar, stronger than Tuesday's 6.3992, bu
Published 29 Sep, 2011 12:00am
Australian and the New Zealand dollars ease

Australian and the New Zealand dollars ease

The Australian and the New Zealand dollars eased on Wednesday after strong offshore gains, suggesting the risk rally could be pausing as investors await the outcome of efforts to resolve Europe's debt crisis. The Aussie slipped to $0.9869, from $0.9944 in
Published 29 Sep, 2011 12:00am
Peso, won rise

Peso, won rise

The Philippine peso rose on Wednesday on demand from macro funds and interbank speculators, while exporters helped support the South Korean won, though investors remained reluctant to buy emerging Asian currencies aggressively amid doubt over Europe's eff
Published 29 Sep, 2011 12:00am
Indian rupee climbs

Indian rupee climbs

The Indian rupee rose to a one-week high on Monday helped by strong corporate dollar inflows and a firm euro, but traders remain wary about the local unit's future direction. The partially convertible rupee ended at 48.75/76 per dollar, 0.6 percent strong
Published 29 Sep, 2011 12:00am
Swiss franc falls

Swiss franc falls

The Swiss franc traded lower against the dollar on Wednesday but remained in a tight range against both currencies as renewed caution over the eurozone debt crisis lent some support to the greenback. The franc fell 0.3 percent against the euro compared to
Published 29 Sep, 2011 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 75.22-75.24 (previous 75.14-75.17). Call Money Rates: 6.50-8.50 percent (previous 6.00-8.25 percent).
Published 29 Sep, 2011 12:00am
Euro rises in New York

Euro rises in New York

The euro rose for a third day against the dollar on Tuesday, buoyed by hopes European policymakers are planning to boost a bailout fund, though gains could be fleeting given investor uncertainty. EU officials have said they are studying ways to increase t
Published 29 Sep, 2011 12:00am
Previous Day