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Archive - 2011-12-28
Holiday shopping online rockets in US
Top News

Holiday shopping online rockets in US

WASHINGTON: US consumers turned in record levels to the Internet for holiday shopping this year, further boosting online
Published 28 Dec, 2011 09:11pm
SECP relaxes cash margin requirements
Top News

SECP relaxes cash margin requirements

KARACHI : Securities and Exchange Commission of Pakistan 's (SECP) has amended Securities (Leveraged Markets and Pledgi
Published 28 Dec, 2011 08:53pm
Govt approves sale of 58.2m ton wheat
Top News

Govt approves sale of 58.2m ton wheat

LAHORE: Senior Advisor to Chief Minister Punjab, Zulfiqar Ali Khosa has said that the government has approved sale of 58
Published 28 Dec, 2011 08:33pm
ISE-10 witnesses bullish trend
Markets

ISE-10 witnesses bullish trend

ISLAMABAD: Islamabad Stock Exchange (ISE-10) witnessed bullish trend here on Wednesday as the index gained 7.55 points t
Published 28 Dec, 2011 05:43pm
CNG Association rejects price hike
Top News

CNG Association rejects price hike

ISLAMABAD: All Pakistan CNG Association has rejected the government's plan to increase price of the fuel, terming the de
Published 28 Dec, 2011 01:52pm
Gold further slips to Rs 46,585
Top News

Gold further slips to Rs 46,585

KARACHI: Gold slipped by Rs 215 to close at Rs 46,585 per 10 grams in the local market Wednesday as its international pr
Published 28 Dec, 2011 01:48pm
KSE close of day
Top News

KSE close of day

RECORDER REPORT KARACHI : Positive trend was witnessed at Karachi Stock market on Wednesday on the back of investors
Published 28 Dec, 2011 11:02am
KSE mid day update
Top News

KSE mid day update

RECORDER REPORT KARACHI : After positive opening, the KSE-100 index hit 67 points intra day high. However profit taki
Published 28 Dec, 2011 07:56am
Bears dominate ISE
Markets

Bears dominate ISE

RECORDER REPORT ISLAMABAD : Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities show
Published 28 Dec, 2011 07:43am
Railways to get Rs6.1bn next week
Top News

Railways to get Rs6.1bn next week

TAHIR AMIN ISLAMABAD : Pakistan Railways (PR) will receive Rs 6.1 billion next week to overcome its current crisis.
Published 28 Dec, 2011 07:20am
KSE morning update
Top News

KSE morning update

RECORDER REPORT KARACHI: Karachi Stock Exchange opened on positive note. KSE-100 index was up 56 points. Fertilizer a
Published 28 Dec, 2011 07:08am
Hong Kong stocks open lower
Financial

Hong Kong stocks open lower

HONG KONG: Hong Kong stocks opened lower on Wednesday after an extended holiday break, following a lacklustre session on
Published 28 Dec, 2011 04:35am
India all out for 282 at lunch
Cricket

India all out for 282 at lunch

MELBOURNE: India were all out for 282 in reply to Australia's first innings 333 at lunch on third day of the first Test
Published 28 Dec, 2011 04:33am
Tokyo shares softer by noon
Financial

Tokyo shares softer by noon

TOKYO: Tokyo shares softened slightly on Wednesday morning after industrial production figures for November came in weak
Published 28 Dec, 2011 04:18am
Kim Jong-Il funeral ceremony starts
Top News

Kim Jong-Il funeral ceremony starts

MOSCOW: The funeral ceremony for the late North Korean leader Kim Jong-Il started Wednesday in Pyongyang, reported the I
Published 28 Dec, 2011 04:08am
Dollar weaker against yen
Financial

Dollar weaker against yen

TOKYO: The dollar was weaker against the yen in Asian trade Wednesday after the US Treasury criticised Japanese interven
Published 28 Dec, 2011 04:04am
Will gold step up a gear?
BR Research

Will gold step up a gear?

As forecasted, gold has maintained its growth momentum in 2011, touching a record high level of around $1,895 per ounce in September. With
Published 28 Dec, 2011 12:00am
Results of first GEM Pakistan Study revealed

Results of first GEM Pakistan Study revealed

The results of first GEM Pakistan Study were revealed at a ceremony at the city campus of Institute of Business Administration. The ceremony was organised by the Centre for Entrepreneurial Development at IBA and was attended by a number of international a
Published 28 Dec, 2011 12:00am
Prisoner escapes from Malir Jail

Prisoner escapes from Malir Jail

An inmate of District Jail, Malir, who was arrested just hours ago, escaped from prison on Tuesday. According to police sources, the prisoner Shahbaz Afridi, who was arrested by Mehmoodabad police over robbery case and was sent to jail on Monday on the di
Published 28 Dec, 2011 12:00am
LHC orders reopening of entry and exit points

LHC orders reopening of entry and exit points

The Lahore High Court here on Tuesday directed Assistant Commissioner Model Town and Secretary Kotlakhpat Fruit and Vegetable Market Committee to reopen the entry and exit points of walls constructed by city district government.
Published 28 Dec, 2011 12:00am
Workshop to prevent dengue epidemic held

Workshop to prevent dengue epidemic held

A one-day training workshop was organised on Tuesday to prevent dengue epidemic in 2012 for the staff concerned at the Directorate General of Health Services Punjab. Special Secretary Health, Dawood Muhammad Khan Bareach and Director General Health Servic
Published 28 Dec, 2011 12:00am
Number of audit cases finalised by FBR nosedive: World Bank

Number of audit cases finalised by FBR nosedive: World Bank

The World Bank has noted with concern that the total number of audit cases finalised by the Federal Board of Revenue has nose-dived from 77,000 in 2009-10 to 61,500 in 2010-11, reflecting decrease in audit of 15,500 registered persons.
Published 28 Dec, 2011 12:00am
Polls to be held in 2013, says Dr Firdous

Polls to be held in 2013, says Dr Firdous

General elections in the country will be held in their scheduled time, in 2013, said Federal Minister for Information and Broadcasting, Firdous Ashiq Awan at Sukkur airport, on Tuesday. "Political activities prior to polls strengthen democratic culture, h
Published 28 Dec, 2011 12:00am
LHC asks IGP to appear before court

LHC asks IGP to appear before court

The Lahore High Court on Tuesday asked Inspector General of Police (IGP) Punjab to appear before the court on Wednesday (today) in two identical petitions seeking actions against police officials for not complying with the orders issued by subordinate jud
Published 28 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Need to impart legal education to lawyers stressed

Need to impart legal education to lawyers stressed

Lahore High Court Chief Justice, Sheikh Azmat Saeed has stressed the need for holding seminars at tehsil and district levels to guide young lots as well as impart them legal education. The CJ expressed these views while talking to a delegation of Kharian
Published 28 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Surprise currency pact

Surprise currency pact

A surprise currency agreement between China and Japan highlights the importance of a united Europe and a common currency, German Finance Minister Wolfgang Schaeuble said Tuesday. "Over the Christmas break, Japan and China surprised us with the news of a c
Published 28 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Surprise currency pact

Surprise currency pact

A surprise currency agreement between China and Japan highlights the importance of a united Europe and a common currency, German Finance Minister Wolfgang Schaeuble said Tuesday. "Over the Christmas break, Japan and China surprised us with the news of a c
Published 28 Dec, 2011 12:00am
Surprise currency pact

Surprise currency pact

A surprise currency agreement between China and Japan highlights the importance of a united Europe and a common currency, German Finance Minister Wolfgang Schaeuble said Tuesday. "Over the Christmas break, Japan and China surprised us with the news of a c
Published 28 Dec, 2011 12:00am
Injecting LPG air mix in gas supply system

Injecting LPG air mix in gas supply system

The government is planning to inject liquefied petroleum gas (LPG) air mix in the system which is expected to increase the prices by up to 30 percent, according to official documents available with Business Recorder.
Published 28 Dec, 2011 12:00am
Injecting LPG air mix in gas supply system

Injecting LPG air mix in gas supply system

The government is planning to inject liquefied petroleum gas (LPG) air mix in the system which is expected to increase the prices by up to 30 percent, according to official documents available with Business Recorder.
Published 28 Dec, 2011 12:00am
Injecting LPG air mix in gas supply system

Injecting LPG air mix in gas supply system

The government is planning to inject liquefied petroleum gas (LPG) air mix in the system which is expected to increase the prices by up to 30 percent, according to official documents available with Business Recorder.
Published 28 Dec, 2011 12:00am
Four percent fiscal deficit unachievable

Four percent fiscal deficit unachievable

The government is facing increasing pressure on fiscal deficit with consensus in the Ministry of Finance that projected 4 percent of the GDP forecast in budget 2011-12 documents is simply unachievable.
Published 28 Dec, 2011 12:00am
Four percent fiscal deficit unachievable

Four percent fiscal deficit unachievable

The government is facing increasing pressure on fiscal deficit with consensus in the Ministry of Finance that projected 4 percent of the GDP forecast in budget 2011-12 documents is simply unachievable.
Published 28 Dec, 2011 12:00am
Four percent fiscal deficit unachievable

Four percent fiscal deficit unachievable

The government is facing increasing pressure on fiscal deficit with consensus in the Ministry of Finance that projected 4 percent of the GDP forecast in budget 2011-12 documents is simply unachievable.
Published 28 Dec, 2011 12:00am
Mixed trend on stock market

Mixed trend on stock market

The Karachi share market on Tuesday witnessed a mixed trend, as the KSE-100 index kept oscillating between 11,360.69 points intra-day high and 11,286.81 points low before closing at 11,311.38 points with a 1.03 points gain and extremely low. The turnover
Published 28 Dec, 2011 12:00am
Mixed trend on stock market

Mixed trend on stock market

The Karachi share market on Tuesday witnessed a mixed trend, as the KSE-100 index kept oscillating between 11,360.69 points intra-day high and 11,286.81 points low before closing at 11,311.38 points with a 1.03 points gain and extremely low. The turnover
Published 28 Dec, 2011 12:00am
Mixed trend on stock market

Mixed trend on stock market

The Karachi share market on Tuesday witnessed a mixed trend, as the KSE-100 index kept oscillating between 11,360.69 points intra-day high and 11,286.81 points low before closing at 11,311.38 points with a 1.03 points gain and extremely low. The turnover
Published 28 Dec, 2011 12:00am
BRIndex30 loses 26.78 points

BRIndex30 loses 26.78 points

On Tues-day, the BRIndex30 opened at 8,376.82 points and remained in red for most of the trading session, except for the first few minutes after market opening. It touched the intra-day high of 8,396.34 points and low of 8,342.19 points, and closed at 8,3
Published 28 Dec, 2011 12:00am
BRIndex30 loses 26.78 points

BRIndex30 loses 26.78 points

On Tues-day, the BRIndex30 opened at 8,376.82 points and remained in red for most of the trading session, except for the first few minutes after market opening. It touched the intra-day high of 8,396.34 points and low of 8,342.19 points, and closed at 8,3
Published 28 Dec, 2011 12:00am
President makes not-so-veiled attack on CJP

President makes not-so-veiled attack on CJP

President Asif Ali Zardari used the fourth anniversary of the death of his wife Benazir Bhutto to ensure supporters he would not resign in the face of numerous crises building around him. In a jab at the Supreme Court, he asked about the as yet unsolved c
Published 28 Dec, 2011 12:00am
President makes not-so-veiled attack on CJP

President makes not-so-veiled attack on CJP

President Asif Ali Zardari used the fourth anniversary of the death of his wife Benazir Bhutto to ensure supporters he would not resign in the face of numerous crises building around him. In a jab at the Supreme Court, he asked about the as yet unsolved c
Published 28 Dec, 2011 12:00am
Supreme Court insists it will look into memo issue

Supreme Court insists it will look into memo issue

A nine-member bench of the Supreme Court (SC) on Tuesday adjourned Memogate controversy hearing to Wednesday (today), saying "let the court look into the matter ... if the memo is fake the government will stand vindicated." Attorney General for Pakistan M
Published 28 Dec, 2011 12:00am
Supreme Court insists it will look into memo issue

Supreme Court insists it will look into memo issue

A nine-member bench of the Supreme Court (SC) on Tuesday adjourned Memogate controversy hearing to Wednesday (today), saying "let the court look into the matter ... if the memo is fake the government will stand vindicated." Attorney General for Pakistan M
Published 28 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Dec, 2011 12:00am
No clash among state institutions: Gilani

No clash among state institutions: Gilani

Prime Minister Yousuf Raza Gilani on Tuesday said there existed no possibility of a clash among the State institutions provided they all worked within the ambit of the Constitution. In a brief interaction with media persons after offering Fateha at the ma
Published 28 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 28 Dec, 2011 12:00am
No clash among state institutions: Gilani

No clash among state institutions: Gilani

Prime Minister Yousuf Raza Gilani on Tuesday said there existed no possibility of a clash among the State institutions provided they all worked within the ambit of the Constitution. In a brief interaction with media persons after offering Fateha at the ma
Published 28 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Dec, 2011 12:00am
No oil through strait if sanctions applied: Iran

No oil through strait if sanctions applied: Iran

No oil will be permitted to pass through the key oil transit Strait of Hormuz if the West applies sanctions on Iran's oil exports, Iranian Vice President Ali Rahimi warned on Tuesday. The threat was reported by the state news agency IRNA as Iran conducted
Published 28 Dec, 2011 12:00am
No oil through strait if sanctions applied: Iran

No oil through strait if sanctions applied: Iran

No oil will be permitted to pass through the key oil transit Strait of Hormuz if the West applies sanctions on Iran's oil exports, Iranian Vice President Ali Rahimi warned on Tuesday. The threat was reported by the state news agency IRNA as Iran conducted
Published 28 Dec, 2011 12:00am
No oil through strait if sanctions applied: Iran

No oil through strait if sanctions applied: Iran

No oil will be permitted to pass through the key oil transit Strait of Hormuz if the West applies sanctions on Iran''s oil exports, Iranian Vice President Ali Rahimi warned on Tuesday. The threat was reported by the state news agency IRNA as Iran conducte
Published 28 Dec, 2011 12:00am
Railways to get Rs 6.1 billion next week

Railways to get Rs 6.1 billion next week

Pakistan Railways (PR) will receive Rs 6.1 billion next week to overcome its current crisis. This was stated by Railways Minister Ghulam Ahmad Bilour. Exclusively talking with Business Recorder on Tuesday, he said that the government has decided to
Published 28 Dec, 2011 12:00am
Railways to get Rs 6.1 billion next week

Railways to get Rs 6.1 billion next week

Pakistan Railways (PR) will receive Rs 6.1 billion next week to overcome its current crisis. This was stated by Railways Minister Ghulam Ahmad Bilour. Exclusively talking with Business Recorder on Tuesday, he said that the government has decided to
Published 28 Dec, 2011 12:00am
Railways to get Rs 6.1 billion next week

Railways to get Rs 6.1 billion next week

Pakistan Railways (PR) will receive Rs 6.1 billion next week to overcome its current crisis. This was stated by Railways Minister Ghulam Ahmad Bilour. Exclusively talking with Business Recorder on Tuesday, he said that the government has decided to
Published 28 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 16.45 points, as the Index moved from 2,589.16 to 2,572.71 points.
Published 28 Dec, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 16.45 points, as the Index moved from 2,589.16 to 2,572.71 points.
Published 28 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Indian parliament adopts landmark anti-graft bill

Indian parliament adopts landmark anti-graft bill

India's government pushed a landmark anti-graft law through parliament Tuesday, setting up a possible confrontation with supporters of a hunger-striking activist opposed to the bill. The law, creating a powerful ombudsman to probe corruption among senior
Published 28 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Indian parliament adopts landmark anti-graft bill

Indian parliament adopts landmark anti-graft bill

India's government pushed a landmark anti-graft law through parliament Tuesday, setting up a possible confrontation with supporters of a hunger-striking activist opposed to the bill. The law, creating a powerful ombudsman to probe corruption among senior
Published 28 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Unlisted term finance certificates: SECP approves reporting of trades

Unlisted term finance certificates: SECP approves reporting of trades

As part of the Securities and Exchange Commission of Pakistan (SECP) efforts to promote the debt capital market in Pakistan, amendments have been approved to the regulations of National Clearing Company of Pakistan Limited (NCCPL), providing for electroni
Published 28 Dec, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Bears dominated the money market on Tuesday as the rupee extended fall in relation to dollar due to persisting demand by importers to meet the oil and other payments, dealers said.
Published 28 Dec, 2011 12:00am
Unlisted term finance certificates: SECP approves reporting of trades

Unlisted term finance certificates: SECP approves reporting of trades

As part of the Securities and Exchange Commission of Pakistan (SECP) efforts to promote the debt capital market in Pakistan, amendments have been approved to the regulations of National Clearing Company of Pakistan Limited (NCCPL), providing for electroni
Published 28 Dec, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Bears dominated the money market on Tuesday as the rupee extended fall in relation to dollar due to persisting demand by importers to meet the oil and other payments, dealers said.
Published 28 Dec, 2011 12:00am
Unlisted term finance certificates: SECP approves reporting of trades

Unlisted term finance certificates: SECP approves reporting of trades

As part of the Securities and Exchange Commission of Pakistan (SECP) efforts to promote the debt capital market in Pakistan, amendments have been approved to the regulations of National Clearing Company of Pakistan Limited (NCCPL), providing for electroni
Published 28 Dec, 2011 12:00am
Cotton business stakeholders' meeting today

Cotton business stakeholders' meeting today

A meeting of stakeholders of cotton business will be held in Karachi on Wednesday to discuss the problems being faced by ginners and growers after a continuing fall in cotton and seed-cotton prices. Minister of Textile Industry Shahabuddin will preside ov
Published 28 Dec, 2011 12:00am
Cotton business stakeholders' meeting today

Cotton business stakeholders' meeting today

A meeting of stakeholders of cotton business will be held in Karachi on Wednesday to discuss the problems being faced by ginners and growers after a continuing fall in cotton and seed-cotton prices. Minister of Textile Industry Shahabuddin will preside ov
Published 28 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Cotton business stakeholders'' meeting today

Cotton business stakeholders'' meeting today

A meeting of stakeholders of cotton business will be held in Karachi on Wednesday to discuss the problems being faced by ginners and growers after a continuing fall in cotton and seed-cotton prices. Minister of Textile Industry Shahabuddin will preside ov
Published 28 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Peres says Israel's nuclear silence keeps foes guessing

Peres says Israel's nuclear silence keeps foes guessing

Israeli President Shimon Peres said on Tuesday that Israel's longstanding refusal to confirm or deny reports that it has a nuclear arsenal is itself an effective deterrent. "Israel has 'real or assumed' capabilities that are sufficient for deterrence," Pe
Published 28 Dec, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Peres says Israel's nuclear silence keeps foes guessing

Peres says Israel's nuclear silence keeps foes guessing

Israeli President Shimon Peres said on Tuesday that Israel's longstanding refusal to confirm or deny reports that it has a nuclear arsenal is itself an effective deterrent. "Israel has 'real or assumed' capabilities that are sufficient for deterrence," Pe
Published 28 Dec, 2011 12:00am
Nato attack probe: US briefs COAS

Nato attack probe: US briefs COAS

The American military has briefed army chief on its investigation into US air strikes that killed 24 Pakistani soldiers on the Afghan border last month, officials said Tuesday. A report by military investigators was delivered to General Ashfaq Kayani on S
Published 28 Dec, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
Nato attack probe: US briefs COAS

Nato attack probe: US briefs COAS

The American military has briefed army chief on its investigation into US air strikes that killed 24 Pakistani soldiers on the Afghan border last month, officials said Tuesday. A report by military investigators was delivered to General Ashfaq Kayani on S
Published 28 Dec, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
1.6 million NTN holder non-filers to face legal action: FBR

1.6 million NTN holder non-filers to face legal action: FBR

The Federal Board of Revenue has decided to take a legal action against the non-filers of income tax returns particularly nearly 1.6 million National Tax Number (NTN) holders for the Tax Year 2011 from January 2012.
Published 28 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
1.6 million NTN holder non-filers to face legal action: FBR

1.6 million NTN holder non-filers to face legal action: FBR

The Federal Board of Revenue has decided to take a legal action against the non-filers of income tax returns particularly nearly 1.6 million National Tax Number (NTN) holders for the Tax Year 2011 from January 2012.
Published 28 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 27, 2011).

Published 28 Dec, 2011 12:00am
1.6 million NTN holder non-filers to face legal action: FBR

1.6 million NTN holder non-filers to face legal action: FBR

The Federal Board of Revenue has decided to take a legal action against the non-filers of income tax returns particularly nearly 1.6 million National Tax Number (NTN) holders for the Tax Year 2011 from January 2012.
Published 28 Dec, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (December 27, 2011) and the forecast for Wednesday (December 28, 2011).

Published 28 Dec, 2011 12:00am
Oil and gas production begins from Nashpa II

Oil and gas production begins from Nashpa II

Production of 5,000 barrels of oil per day has started from Nashpa II, being operated and developed by Oil & Gas Development Company (OGDC) in district Karak of Khyber Pukhtoonkhwa. According to information reaching stock market on Tuesday, gas production
Published 28 Dec, 2011 12:00am
Oil and gas production begins from Nashpa II

Oil and gas production begins from Nashpa II

Production of 5,000 barrels of oil per day has started from Nashpa II, being operated and developed by Oil & Gas Development Company (OGDC) in district Karak of Khyber Pukhtoonkhwa. According to information reaching stock market on Tuesday, gas production
Published 28 Dec, 2011 12:00am
Oil and gas production begins from Nashpa II

Oil and gas production begins from Nashpa II

Production of 5,000 barrels of oil per day has started from Nashpa II, being operated and developed by Oil & Gas Development Company (OGDC) in district Karak of Khyber Pukhtoonkhwa. According to information reaching stock market on Tuesday, gas production
Published 28 Dec, 2011 12:00am
One dead, two wounded in Israeli strike on Gaza

One dead, two wounded in Israeli strike on Gaza

An Israeli air strike killed at least one Palestinian and wounded two in the northern Gaza Strip late on Tuesday, Palestinian medics told AFP. They named the dead man as Abdallah al-Telbani, 22, and said he was riding in a motorised rickshaw in Jabaliya r
Published 28 Dec, 2011 12:00am
Jazz legend Sam Rivers dies at 88

Jazz legend Sam Rivers dies at 88

Jazz saxophonist Sam Rivers, one of the giants of avant-garde and free jazz, has died of pneumonia in Orlando, Florida, his family said. He was 88. Born in Oklahoma into a family of musicians, Rivers embraced bebop in the 1950s and toured with singer Bill
Published 28 Dec, 2011 12:00am
Russian protesters seeking to sow chaos: Putin

Russian protesters seeking to sow chaos: Putin

Vladimir Putin said on Tuesday that mass protests against his 12-year rule were being stoked by a hollow collection of leaderless opposition groups who wanted to sow chaos in Russia. In his first comments since Saturday's protest, Russia's prime minister
Published 28 Dec, 2011 12:00am
Afghanistan tells Nato to disband local force, may open rift

Afghanistan tells Nato to disband local force, may open rift

Nato is reviewing the activities of an irregular police force set up to bolster security mainly in the troubled north, the alliance said on Tuesday, following a call by the Afghan government that it be disbanded.
Published 28 Dec, 2011 12:00am
Kremlin shifts top strategist after protests

Kremlin shifts top strategist after protests

President Dmitry Medvedev on Tuesday gave the official who designed Russia's tightly controlled political system a new government job, in a surprise move after protests challenging the Kremlin. Commentators said the appointment of Vladislav Surkov, until
Published 28 Dec, 2011 12:00am
Three dead as US chopper crashes on transplant run

Three dead as US chopper crashes on transplant run

Three people died when a helicopter on an urgent mission to retrieve a heart for a transplant patient crashed in the US state of Florida, a local newspaper reported Tuesday. The Florida Times-Union said the helicopter crashed early Monday while on a fligh
Published 28 Dec, 2011 12:00am
Russia test fires long-range missile with new warhead

Russia test fires long-range missile with new warhead

Russia on Tuesday successfully test fired its long range ballistic missile RS-18 from its Baiknonur cosmodrome in Kazakhstan with a new warhead aimed at overcoming Western air defence systems, news agencies said.
Published 28 Dec, 2011 12:00am
Strong 6.6 quake rocks Siberia

Strong 6.6 quake rocks Siberia

A strong, shallow 6.6-magnitude quake shook south-western Siberia on Tuesday some 58 miles (94 kilometers) east of the Russian city of Kyzyl, US seismologists said. The quake, which struck at 10:21 pm (1521 GMT), hit at a depth of 3.7 miles (six kilometer
Published 28 Dec, 2011 12:00am
Mass anti-Assad protest in Homs as monitors visit

Mass anti-Assad protest in Homs as monitors visit

Tens of thousands of Syrians in Homs rallied on Tuesday against President Bashar al-Assad, emboldened by Arab peace monitors' first tour of the flashpoint city, after the army withdrew some tanks following battles that killed 34 people in 24 hours.
Published 28 Dec, 2011 12:00am
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