BR100 Decreased By (-0.24%)
BR30 Increased By (0.03%)
KSE100 Decreased By (-0.05%)
KSE30 Decreased By (-0.19%)
AGHA 7.59 Decreased By ▼ -0.04 (-0.52%)
BECO 5.13 Decreased By ▼ -0.44 (-7.9%)
BML 58.40 Decreased By ▼ -1.34 (-2.24%)
BOP 34.57 Increased By ▲ 0.17 (0.49%)
CNERGY 13.55 Increased By ▲ 0.44 (3.36%)
CSIL 6.34 Decreased By ▼ -0.07 (-1.09%)
FCCL 57.60 Decreased By ▼ -0.46 (-0.79%)
FFL 16.44 Increased By ▲ 0.21 (1.29%)
FNEL 1.21 No Change ▼ 0.00 (0%)
KEL 7.40 Decreased By ▼ -0.03 (-0.4%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.53 Decreased By ▼ -0.14 (-0.51%)
MLCF 101.88 Decreased By ▼ -0.87 (-0.85%)
NBP 203.98 Decreased By ▼ -1.08 (-0.53%)
NCPL 60.25 Increased By ▲ 0.62 (1.04%)
NPL 69.75 Increased By ▲ 1.19 (1.74%)
OGDC 318.25 Decreased By ▼ -0.67 (-0.21%)
PACE 11.14 Increased By ▲ 0.09 (0.81%)
PAEL 42.79 Decreased By ▼ -0.31 (-0.72%)
PIBTL 16.66 Increased By ▲ 0.03 (0.18%)
PPL 230.25 Increased By ▲ 0.80 (0.35%)
PRL 76.10 Increased By ▲ 5.30 (7.49%)
PTC 71.30 Increased By ▲ 0.30 (0.42%)
SSGC 27.05 Decreased By ▼ -0.36 (-1.31%)
TBL 10.23 Decreased By ▼ -0.08 (-0.78%)
TELE 8.55 Increased By ▲ 0.02 (0.23%)
TPL 23.61 Increased By ▲ 0.55 (2.39%)
TPLP 15.49 Decreased By ▼ -0.27 (-1.71%)
TREET 24.60 Decreased By ▼ -0.11 (-0.45%)
TRG 60.00 Decreased By ▼ -0.29 (-0.48%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-12-30
Exports to UK increases by 10pc
Top News

Exports to UK increases by 10pc

ISLAMABAD: Exports from Pakistan to the United Kingdom (UK) during the first five months of current financial year regis
Published 30 Dec, 2011 05:33pm
Gold improves to Rs45,857
Top News

Gold improves to Rs45,857

KARACHI: Gold improved by Rs 429 to close at Rs 45,857 per 10 grams in the local market Friday as its international pric
Published 30 Dec, 2011 04:58pm
Bank holiday on Jan 2
Top News

Bank holiday on Jan 2

KARACHI: The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, inclusive of Public Debt
Published 30 Dec, 2011 04:48pm
Nigeria might talk to Boko Haram
Africa

Nigeria might talk to Boko Haram

ABUJA: Nigerian security services are considering making contact with moderate members of shadowy Boko Haram via "back c
Published 30 Dec, 2011 04:10pm
CO2 price outlook for 2012
Energy

CO2 price outlook for 2012

LONDON: European emissions prices are expected to remain low next year as fresh supply of permits will outweigh an uptic
Published 30 Dec, 2011 03:33pm
At least 8 killed in Quetta blast
Top News

At least 8 killed in Quetta blast

KARACHI: At least 8 people have been killed and more than 13 injured in a blast on Arbab Kareem Khan Road in Quetta on
Published 30 Dec, 2011 02:27pm
Two killed, three injured in blast
Top News

Two killed, three injured in blast

BAJAUR AGENCY: At least two persons were killed and three others injured when a remote controlled explosive device blast
Published 30 Dec, 2011 01:12pm
KSE close of day
Top News

KSE close of day

KARACHI: The KSE-100 Index on Friday lost 88.01 points and closed at 11,347.66. After positive opening, the investors
Published 30 Dec, 2011 12:58pm
Suu Kyi to meet George Soros
Asia

Suu Kyi to meet George Soros

YANGON: US billionaire investor and philanthropist George Soros will meet Aung San Suu Kyi in Yangon next week, a spokes
Published 30 Dec, 2011 12:39pm
Rickshaw drivers quitting profession
Top News

Rickshaw drivers quitting profession

LAHORE : A large number of rickshaw drivers have been quitting their profession due to weekly three-day CNG closures and
Published 30 Dec, 2011 11:22am
NY sugar neutral in wedge
Commodities

NY sugar neutral in wedge

SINGAPORE: New York sugar has turned neutral as a sudden rebound from the Dec. 28 low of 22.81 cents has violated the de
Published 30 Dec, 2011 08:07am
KSE mid day update
Top News

KSE mid day update

RECORDER REPORT KARACHI : At the end of the first session on Friday, the KSE-100 index closed at 11,412.26 level, dow
Published 30 Dec, 2011 07:41am
No chance of early election: Gilani
Top News

No chance of early election: Gilani

MULTAN: Prime Minister Syed Yusuf Raza Gilani on Friday dismissed any chance of early polls and said the general electio
Published 30 Dec, 2011 07:02am
KSE morning update
Top News

KSE morning update

RECORDER REPORT KARACHI : After positive opening the investors opted for profit talking on Friday. The KSE-100 index
Published 30 Dec, 2011 06:54am
Electronic payments keep growing
BR Research

Electronic payments keep growing

The banks in Pakistan may not be lending to anyone and everyone, but they sure are leveraging their general banking operations. This is appa
Published 30 Dec, 2011 12:00am
Market on a shoestring
BR Research

Market on a shoestring

In treasury auctions, where investors behaviour is driven by market liquidity position and future macroeconomic directions, there is a norma
Published 30 Dec, 2011 12:00am
Call for improving banking services

Call for improving banking services

Financial institutions of a country play a vital role in its development by channelising national savings into investment. The level of efficiency at which they can play such a role is, therefore, very important for the policymakers of a country, particul
Published 30 Dec, 2011 12:00am
Preparing for the dengue challenge

Preparing for the dengue challenge

Lahore being the hardest hit by a dengue fever epidemic earlier this year, the Lahore Development Authority (LDA) is getting ready for another spell, which is likely to start in the second week of February and last till the first week of April. The other
Published 30 Dec, 2011 12:00am
Budget-making process: How to improve it?

Budget-making process: How to improve it?

There is almost universal recognition that budget mismanagement is the mother of all economic ills in the country. It is responsible for excessive money creation and inflation, lowering the national saving rate, crowding out the private sector in the matt
Published 30 Dec, 2011 12:00am
2011: Year of conflicts

2011: Year of conflicts

2011 is about to end leaving behind many sordid memories, troubles and challenges - imperialist highhandedness evoking the Occupying Wall Street Movement, political upheavals, armed conflicts, economic collapses and slowdowns, rising poverty and unemploym
Published 30 Dec, 2011 12:00am
Euro coins and notes set for low-key 10th anniversary

Euro coins and notes set for low-key 10th anniversary

They are used by millions of Europeans every day, but it will be with little fanfare that euro coins and banknotes turn 10 on Sunday - as politicians still struggle to end the debt crisis that has beleaguered the common currency area for nearly two years.
Published 30 Dec, 2011 12:00am
Critical exploitation

Critical exploitation

Women are respectable in society and our religion Islam also taught us to care, adore, love and cherish them and to provide them with their social and moral rights. But behind the curtain, we men sexually harass them, mentally and physically torture them,
Published 30 Dec, 2011 12:00am
Computer literacy programme for AJK

Computer literacy programme for AJK

The government of Azad Jammu & Kashmir (AJK) on Thursday decided to introduce a computer literacy programme from the primary education level in all educational institutions of AJK. The government has launched a plan to make the youth acquainted of the Inf
Published 30 Dec, 2011 12:00am
Foreign office advised to keep Kashmir issue at forefront

Foreign office advised to keep Kashmir issue at forefront

Parliamentary Kashmir Committee met here on Thursday with Maulana Fazl-ur-Rahman in the chair. Foreign Secretary Salman Bashir and other senior officers of the Foreign Office gave an update on the Kashmir issue. The committee was briefed about the discuss
Published 30 Dec, 2011 12:00am
Winter rains to start next week

Winter rains to start next week

The prolonged drought will end shortly as light to moderate rains are likely to start from January 6th in the upper regions of the country, Director National Weather Forecasting Centre, Dr Muhammad Hanif told Business Recorder, here on Thursday. Talking o
Published 30 Dec, 2011 12:00am
Narcotics worth Rs 76 million seized in Chaghi

Narcotics worth Rs 76 million seized in Chaghi

A law enforcement agency on Thursday recovered narcotics worth Rs 76 million from a place located along Pak-Afhgan border in Chagai. Official sources told newsmen that a law enforcement team acting on a tip-off raided a place in Lashkar Aab area and recov
Published 30 Dec, 2011 12:00am
Man, son shot dead in Quetta

Man, son shot dead in Quetta

Unidentified armed men opened fire and killed a man and his son on Link Badini road in the provincial capital on Thursday morning. PS Satellite Town official Tariq told newsmen that a man along with his son, driving in their Alto car, were on way to their
Published 30 Dec, 2011 12:00am
Female students protest against unfair results

Female students protest against unfair results

Students of Government Degree College for women on Thursday protested against unfair results of their first year exams of Higher Secondary School Certificate. They chanted slogans against Rawalpindi Board of Intermediate and Secondary Education (RBISE) ma
Published 30 Dec, 2011 12:00am
Four killed in separate incidents

Four killed in separate incidents

At least four persons including a ranger man were killed in separate incidents in different parts of the metropolis on Thursday. According to Rangers' spokesman, Sub Inspector Siddique and Sepoy Madad Ali were on their way back from shopping at light hous
Published 30 Dec, 2011 12:00am
FUUAST holds third Annual Convocation

FUUAST holds third Annual Convocation

The 3rd Annual Convocation of the Federal Urdu University of Arts, Science and Technology (FUUAST) was held here at the Expo Centre on Thursday. Mussarrat Al-Ain (MSc in Zoology), Aatira Muhammad Ali (Mathematics) and Humaira Mehmood (Botany) secured top
Published 30 Dec, 2011 12:00am
Conference on mining labour rights held under auspices of CRSD

Conference on mining labour rights held under auspices of CRSD

Speakers at a conference on mining Labour rights have stressed for making mandatory filling of forms from miners and marble labours working with different leasing companies for their life safety. The conference held under auspices of Citizen Rights and Su
Published 30 Dec, 2011 12:00am
Sindh government imposes ban on Gutka, Mainpuri

Sindh government imposes ban on Gutka, Mainpuri

The Sindh Home Department under section 144 Cr.P.C has imposed ban on the preparation, manufacturing and selling of Gutka and Mainpuri throughout the province with immediate effect and until further orders. Moreover, the Police Officers up to the rank of
Published 30 Dec, 2011 12:00am
RCCI rejects electricity price hike

RCCI rejects electricity price hike

The Presi-dent Rawalpindi Chamber of Commerce and Industry (RCCI) Jawed Akhtar Bhatti rejected the electricity price hike of Rs 2.4 per unit and termed that government has decided to wipe out the local Industry. He further said that government is also pla
Published 30 Dec, 2011 12:00am
Disabled persons Efforts of STEP hailed

Disabled persons Efforts of STEP hailed

Dr Marilyn Wyatt, wife of US Ambassador Cameron P. Munter on Thursday recognised the outstanding efforts on behalf of Pakistan's disabled persons of Special Talent Exchange Program (STEP), "Pakistan Special," and Youth for Peace. Speaking at a cultural fa
Published 30 Dec, 2011 12:00am
New Year's Eve: Wassan directs comprehensive security arrangements

New Year's Eve: Wassan directs comprehensive security arrangements

Sindh Home Minister Manzoor Hussain Wassan has instructed that comprehensive security arrangements be made on the New Year's Eve. Chairing a meeting in his office here on Thursday, he directed the police officials besides security arrangements, steps be a
Published 30 Dec, 2011 12:00am
14 killed in Gujranawala land dispute

14 killed in Gujranawala land dispute

At least 14 people including five children and three women were killed while five others were injured over a land dispute between families here on Thursday. According to police, six persons were shot dead by the rival group on Thursday morning in an old f
Published 30 Dec, 2011 12:00am
Punjab focuses on poverty alleviation, gender discrimination

Punjab focuses on poverty alleviation, gender discrimination

Chief Economist Punjab Arif Anwer Baloch said that the provincial government focuses on poverty alleviation and gender discrimination with the support of international donors by involving women in economic growth of Pakistan.
Published 30 Dec, 2011 12:00am
Tributes paid to martyrs

Tributes paid to martyrs

Punjab Minister for Zakat & Ushr, Malik Nadeem Kamran has said that those who sacrificed their lives in defending the boundaries of the country and protecting the citizens are martyrs and they are not only the national heroes but also the ones whom their
Published 30 Dec, 2011 12:00am
SNGPL facing 700 mmcfd gas shortfall: Managing Director

SNGPL facing 700 mmcfd gas shortfall: Managing Director

Sui Northern Gas Pipelines Limited (SNGPL) is currently facing gas shortfall of 700 mmcfd, which may reach 800 mmcfd in January, 2012. He also said that gas to the industry would not be restored till January. SNGPL Managing Director Arif Hameed said this
Published 30 Dec, 2011 12:00am
Punjab okays sale of 582,000 tons of wheat

Punjab okays sale of 582,000 tons of wheat

The Punjab government has approved the sale of 582,000 tons of wheat at the rate of Rs 950 per maund during January, 2012. This was stated by Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa while presiding over a meeting, here on T
Published 30 Dec, 2011 12:00am
Punjab University to hold 120th convocation on December 31

Punjab University to hold 120th convocation on December 31

Punjab university is all set to organise its 120th convocation on Saturday (tomorrow) at Faisal Auditorium, New Campus. A meeting of Punjab University Convocation Co-ordination Committee, headed by Dean Faculty of Science Professor Dr Kh Haris Rashid, hel
Published 30 Dec, 2011 12:00am
PML-Q seeks allocation of more resources for energy sector

PML-Q seeks allocation of more resources for energy sector

Pakistan Muslim League-Q (PML-Q), which is coalition partner of the Pakistan Peoples Party (PPP) led government, has suggested the prime minister to re-fix developmental priorities and allocate resources for energy sector by curtailing funds from other un
Published 30 Dec, 2011 12:00am
Trade and industry: Piaf terms year 2011 the worst year

Trade and industry: Piaf terms year 2011 the worst year

Pakistan Industrial and Traders Associations Front (Piaf) has termed the year 2011, a worst year for trade and industry that is likely to eclipse the entire economic activity in 2012 as well if the future business-related policies were made without privat
Published 30 Dec, 2011 12:00am
IESCO power shut down notice

IESCO power shut down notice

According to IESCO Spokesman, due to electricity maintenance/development work the Power supply of the areas fall under the following feeders would remain suspended as under:
Published 30 Dec, 2011 12:00am
IESCO mobile unit's schedule for January

IESCO mobile unit's schedule for January

Islamabad Electric Supply Company (IESCO) has taken a lot of steps to facilitate its valued consumers. IESCO Mobile Customer Services Unit is one of them, which has been providing services to the consumers at their doorstep since long. In this regard, IES
Published 30 Dec, 2011 12:00am
'Promotion of regional trade government's priority'

'Promotion of regional trade government's priority'

Federal Secretary for Commerce, Zafar Mehmood said on Thursday the promotion of regional trade is a priority of the government and the Prime Minister Gilani has declared the Year 2012 as the "Year of Regional Trade and Economic Connectivity. He was speaki
Published 30 Dec, 2011 12:00am
'Stronger PML-N essential for stable, united Pakistan'

'Stronger PML-N essential for stable, united Pakistan'

The newly elected Pakistan Muslim League-Nawaz (PML-N), Khyber Pakhtunkhwa, President, Pir Sabir Shah on Thursday said that party would be strengthen in entire province under his leadership, saying the stronger Pakistan Muslim League was essential for sta
Published 30 Dec, 2011 12:00am
Sherry meets Malik

Sherry meets Malik

Pakistan's Ambassador-designate to US, Sherry Rehman called on Federal Minister for Interior, Senator A. Rehman Malik at Ministry of Interior, here on Thursday. She was briefed on overall security situation of the country and security issues with the US.
Published 30 Dec, 2011 12:00am
Nadra slackness delays final voter lists

Nadra slackness delays final voter lists

The Final Electoral Rolls (FERs) of 2011 may be delayed by Election Commission of Pakistan (ECP) as National Database and Registration Authority (Nadra) has not been able to compile the data within the stimulated time.
Published 30 Dec, 2011 12:00am
Alleged criminal arrested

Alleged criminal arrested

Anti Violent Crime Cell (AVCC) and Gadap Town police on Thursday claimed to have arrested notorious criminal from Jinnah Postgraduate Medical Centre (JPMC). According to SSP AVCC Ghulam Subhani, the raid was conducted on a tip-off, which revealed that a w
Published 30 Dec, 2011 12:00am
Khyber Pakhtunkhwa refers motor registration scam to NAB

Khyber Pakhtunkhwa refers motor registration scam to NAB

The Department of Excise and Taxation, Khyber Pakhtunkhwa referred the motor vehicle registration scam to National Accountability Bureau (NAB) investigation and announced to go for contingency plan to start the suspended vehicles' registration process in
Published 30 Dec, 2011 12:00am
LUMHS seminar

LUMHS seminar

A two-day international seminar on "Clinical Application and Interpretation on Diagnostic Radiology" was inaugurated by Vice Chancellor Professor Noshad A Shaikhat at LUMHS, Jamshoro on Thursday. Dr Shehzad Ahmad Khan, Consultant Radiologist, Queen Hospit
Published 30 Dec, 2011 12:00am
US MIDDAY: gold down over one percent

US MIDDAY: gold down over one percent

Gold fell more than 1 percent on Thursday to its lowest level in nearly six months, as year-end liquidation by funds and early losses to the euro on debt fears pushed bullion into bear market territory. The precious metal, which has recently moved in tand
Published 30 Dec, 2011 12:00am
US MIDDAY: corn dips

US MIDDAY: corn dips

US corn futures eased nearly one percent on Thursday backing down from a six-week high with a firm dollar and profit-taking lending pressure. Soyabeans and wheat also slipped from over six-week peaks on signs the market had become overheated or technicall
Published 30 Dec, 2011 12:00am
Gold near six-month low in European trade

Gold near six-month low in European trade

Gold dropped to its lowest in almost 6-months on Thursday as the euro fell against the dollar after an Italian bond auction saw yields at an unsustainable level and renewed eurozone fears and credit tightness worries. Echoing the weakness in gold, spot pl
Published 30 Dec, 2011 12:00am
Gold falls in Asia

Gold falls in Asia

Gold fell to a three-month low on Thursday as prices were weighed down by a firm dollar, while investors remained cautious ahead of an important Italian bond auction later in the day. Spot gold dropped 0.7 percent to a three-month low of $1,543.79 an ounc
Published 30 Dec, 2011 12:00am
US gold down two percent

US gold down two percent

Gold fell 2 percent to a three-month low on Wednesday, as the dollar rallied against the euro on more jitters about European debt, while losses in US equity and commodity markets triggered a technical sell-off of the precious metal. Bullion has declined f
Published 30 Dec, 2011 12:00am
Cocoa falls further

Cocoa falls further

Cocoa futures extended losses on Thursday as investors liquidated long positions and opened new short positions, while sugar consolidated up a shade and coffee moved lower. ICE cocoa futures fell in thin, holiday dealings between Christmas and the New Yea
Published 30 Dec, 2011 12:00am
Palm oil retreats

Palm oil retreats

Malaysian crude palm oil futures dropped on Thursday in cautious year-end trading, but losses were limited by worries that heavy rains may hit production in second-largest producer Malaysia. Weaker global markets also prompted investors to book profits as
Published 30 Dec, 2011 12:00am
Corn at six-week peak

Corn at six-week peak

US corn rose more than 1 percent on Wednesday, notching gains for the eighth straight trading session and hitting a six-week high, as dry weather trimmed crop prospects in Argentina, the world's No. 2 corn exporter after the United States.
Published 30 Dec, 2011 12:00am
Tokyo rubber futures fall 2.2 percent

Tokyo rubber futures fall 2.2 percent

Tokyo rubber futures fell 2.2 percent on Thursday, tracking a drop in stock markets, and looked set to end 2011 about 50 percent cheaper than at the high point of the year reached in February, before worries about global demand took over. The benchmark ru
Published 30 Dec, 2011 12:00am
Oil rises on shortcovering, market eyes Iran

Oil rises on shortcovering, market eyes Iran

Oil rose on Thursday as gains in the stock market and shortcovering helped shake off early losses caused by a rise in US crude stockpiles. Crude dipped early after US inventory data showed an unexpected build in stockpiles last week, adding to pressure fr
Published 30 Dec, 2011 12:00am
Copper tumbles

Copper tumbles

Copper fell on Thursday for a second straight day on a firm dollar, investor caution over the eurozone sovereign debt crisis and worries about growth in big metals consumer China. Copper has fallen around 23 percent this year, after a 30 percent gain in 2
Published 30 Dec, 2011 12:00am
Shanghai copper drops

Shanghai copper drops

Most-traded March copper on the Shanghai Futures Exchange lost 1.72 percent to 54,220 yuan ($8,600) a tonne on Thursday. China's manufacturing activity may contract again in December, a poll of economists showed ahead of the official purchasing managers i
Published 30 Dec, 2011 12:00am
New York cotton ends at three-week peak

New York cotton ends at three-week peak

Cotton futures finished up and at a three-week peak Thursday on investor short-covering although the market is on track to be the biggest loser in the commodity sector in 2011, analysts said. The key March cotton futures went up 0.95 cent to finish at 91.
Published 30 Dec, 2011 12:00am
Syrian forces kill 25 protesters; monitors reach cities

Syrian forces kill 25 protesters; monitors reach cities

Syrian security forces shot dead 25 people on Thursday, including in cities being visited by Arab League monitors to check whether President Bashar al-Assad is keeping a pledge to end a crackdown on popular unrest. The Arab League hopes its deal with Assa
Published 30 Dec, 2011 12:00am
North Korea hails nuclear, military feats of Kim Jong-il

North Korea hails nuclear, military feats of Kim Jong-il

North Korea lauded the military might built up by deceased leader Kim Jong-il on Thursday, likely tying his young successor to the same policies that have set Northeast Asia on edge as the impoverished state inches closer to nuclear weapons capability.
Published 30 Dec, 2011 12:00am
Japanese investor to restore ancient Roman pyramid

Japanese investor to restore ancient Roman pyramid

A Japanese businessman has agreed to invest around one million euros ($1.3 million) to restore a 2,000-year-old Roman pyramid in the Italian capital, La Repubblica daily reported on Thursday. Yuzo Yagi, a fashion business owner from Osaka, is due to sign
Published 30 Dec, 2011 12:00am
Gunpowder warehouse blast kills 17 in Myanmar

Gunpowder warehouse blast kills 17 in Myanmar

At least 17 people died and 80 were injured after an early morning explosion at a warehouse storing gunpowder, likely for use at mine blast sites, in Myanmar's biggest city of Yangon, police and fire officials said on Thursday. The explosion caused a mass
Published 30 Dec, 2011 12:00am
Egypt police raid NGOs in foreign funds probe

Egypt police raid NGOs in foreign funds probe

Egyptian police raided more than a dozen offices belonging to local and foreign rights groups on Thursday, as part of an investigation into alleged illicit foreign funding, an official statement said. At least two US rights groups - the National Democrati
Published 30 Dec, 2011 12:00am
India's new anti-graft law fails to pass in parliament

India's new anti-graft law fails to pass in parliament

India's government and ruling Congress party failed to pass its proposed flagship anti-corruption law on Thursday as the legislation stalled in the upper house of parliament amid fierce opposition. The draft law to create a new ombudsman tasked with inves
Published 30 Dec, 2011 12:00am
EU envoys concerned about Israel's Arab minority

EU envoys concerned about Israel's Arab minority

European Union ambassadors in Israel have voiced concern about the Jewish state's treatment of its Arab minority, in an unprecedented report on the issue obtained by AFP. "While the international community is focused predominantly on restarting the Israel
Published 30 Dec, 2011 12:00am
BBC in hot water over 'pandagate' sexism row

BBC in hot water over 'pandagate' sexism row

It was intended as a light-hearted addition to an otherwise serious list of women who made the headlines in 2011. But the BBC's inclusion of a panda in its "faces of the year" has kicked up a storm. In a media row dubbed "Pandagate" by users of Twitter, t
Published 30 Dec, 2011 12:00am
Two French soldiers shot dead by rogue Afghan soldier

Two French soldiers shot dead by rogue Afghan soldier

Two French soldiers were killed on Thursday when an Afghan army soldier shot at them deliberately while their unit was engaged in a support mission for Afghanistan's forces in the Tagab valley, President Nicolas Sarkozy's office said. The shooting was the
Published 30 Dec, 2011 12:00am
Titanic artifacts going up for auction

Titanic artifacts going up for auction

More than 5,000 artifacts salvaged from the Titanic are to be sold in one lot at auction in New York, 100 years to the day after the luxury liner sank in the Atlantic with some 1,500 people on board. In a filing with the Security and Exchange Commission,
Published 30 Dec, 2011 12:00am
Oils lead FTSE higher

Oils lead FTSE higher

Integrated oils pushed Britain's top shares higher on Thursday, boosted by robust crude prices, in thin volumes on the last full trading day of the year for the UK's benchmark index. The UK equity market closes at 1230 GMT on Friday and reopens on Tuesday
Published 30 Dec, 2011 12:00am
European shares lifted by US data

European shares lifted by US data

European shares advanced on Thursday as upbeat data from the United States helped fuel a low-volume rally in the afternoon, although volatility also rose as investors hedged against lingering uncertainty in the eurozone. The Chicago PMI, a measure of fina
Published 30 Dec, 2011 12:00am
Indian shares remain down

Indian shares remain down

Indian shares fell for a third consecutive session on Thursday to their lowest close in more than a week as a weakening rupee added to the worries about fading outlook for corporate earnings. The main 30-share BSE index shed 1.17 percent, or 183.92 points
Published 30 Dec, 2011 12:00am
Most Southeast Asian stocks higher but without enthusiasm

Most Southeast Asian stocks higher but without enthusiasm

Most Southeast Asian bourses edged higher on Thursday, helped by late bargain-hunting in big caps and dividend-yielding stocks such as banks and telecoms, but trade remained quiet, especially ahead of an Italian debt auction that kept investors nervous.
Published 30 Dec, 2011 12:00am
Hong Kong shares lower

Hong Kong shares lower

Hong Kong shares fell 0.65 percent in thin trade on Thursday amid ongoing concerns over the eurozone debt crisis and ahead of a crucial auction of Italian 10-year debt later in the day. The benchmark Hang Seng Index slipped 120.75 points to 18,397.92 on t
Published 30 Dec, 2011 12:00am
Treasuries rise

Treasuries rise

US Treasury prices rose on Wednesday as worries over the anticipated path of Europe's debt crisis knocked stocks and the euro lower and bolstered the safe-haven value of US government debt. The price move, which analysts said was exaggerated by a lack of
Published 30 Dec, 2011 12:00am
Treasuries rise

Treasuries rise

US Treasury prices rose on Wednesday as worries over the anticipated path of Europe's debt crisis knocked stocks and the euro lower and bolstered the safe-haven value of US government debt. The price move, which analysts said was exaggerated by a lack of
Published 30 Dec, 2011 12:00am
Seoul shares steady, down for the year

Seoul shares steady, down for the year

Seoul shares ended flat on Thursday, the last trading day of 2011, as early losses on fresh eurozone debt jitters and lackluster output data were reversed on steady institutional buying, but posted a yearly loss. The Korea Composite Stock Price Index (KOS
Published 30 Dec, 2011 12:00am
US stocks fall

US stocks fall

US stocks fell more than 1 percent on Wednesday after a hefty year-end rally and the S&P 500 erased gains for the year on renewed concerns about the eurozone's financial health. The selloff followed the euro's slide to an 11-month low against the US dolla
Published 30 Dec, 2011 12:00am
Thursday's afternoon trade: data helps Wall Street rise

Thursday's afternoon trade: data helps Wall Street rise

Wall Street stocks resumed their upward move into year-end Thursday but the S&P 500 continued to churn around its 200-day moving average as concern over Europe offset better-than-expected US economic data. The gains nudged the S&P 500 back into positive t
Published 30 Dec, 2011 12:00am
Taiwan stocks reverse course to end higher

Taiwan stocks reverse course to end higher

Taiwan stocks reversed course to end up 0.26 percent on Thursday, although trading was thin due to the holiday season and ahead of a central bank rate-setting policy meeting due later in the day. The main TAIEX index gained 18.15 points to 7,074.82, suppo
Published 30 Dec, 2011 12:00am
Chinese shares up

Chinese shares up

China shares closed higher for a second straight session on Thursday, with energy and industrial names strong, but the gains lacked conviction, with Shanghai A-share turnover lingering near three-year lows. The Shanghai Composite Index closed up 0.2 perce
Published 30 Dec, 2011 12:00am
Nikkei benchmark falls

Nikkei benchmark falls

Japan's benchmark Nikkei slipped on Thursday ahead of an Italian debt sale that could prove challenging in thin volumes, while the euro's tumble against the yen to a 10-year low pressured exporters. Elpida Memory, Japan's last remaining player in the dyna
Published 30 Dec, 2011 12:00am
Gulf markets sink in 2011 after unrest, Europe debt woes

Gulf markets sink in 2011 after unrest, Europe debt woes

Most Gulf markets ended the year in deep losses on Thursday, with the exception of Qatar and Saudi Arabia, after grappling with shaken local confidence and concerns over the unresolved eurozone debt crisis. The Arab spring revolts hit Gulf bourses early i
Published 30 Dec, 2011 12:00am
Yuan little changed

Yuan little changed

The yuan closed little changed against the dollar on Thursday after the People's Bank of China fixed a weaker mid-point in a sign that it has given up trying to let the currency rise more at the end of 2011 in the face of US pressure, traders said. They s
Published 30 Dec, 2011 12:00am
Indian rupee steadies

Indian rupee steadies

The Indian rupee ended steady on Thursday, recovering from the day's lows on suspected central bank intervention and dollar-selling by nationalised banks for a second day in a row, but the local unit remains vulnerable in the near term. The rupee closed s
Published 30 Dec, 2011 12:00am
Australian and New Zealand dollars track euro lower

Australian and New Zealand dollars track euro lower

The Australian and New Zealand dollars plumbed one-week lows against the greenback on Thursday, tracking a decline in the euro in thin year-end conditions ahead of an Italian debt auction. Italy aims to sell up to 8.5 billion euros of bonds later on Thurs
Published 30 Dec, 2011 12:00am
Won inches up

Won inches up

The South Korean won ended up on Thursday despite discouraging data that pointed toward a gloomy outlook 2012 for the domestic economy which combined with continued liquidity crunch in the eurozone could put pressure on risk assets like the won. The local
Published 30 Dec, 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 Thursday. 81.95-81.99 (previous 81.79-81.90). Call Money Rates: 20.00 percent (previous 14.00-22.00 percent.
Published 30 Dec, 2011 12:00am
Euro slips versus dollar, yen in New York

Euro slips versus dollar, yen in New York

The euro neared a one-year low against the dollar and hit a 10-year trough against the yen on Wednesday after data showed eurozone banks were still hoarding cash, spurring fears of a growing liquidity crunch the day before an important Italian bond sale.
Published 30 Dec, 2011 12:00am
Early trade in New York: euro hits 15-month low versus dollar

Early trade in New York: euro hits 15-month low versus dollar

The euro fell below $1.29 for the first time in 15 months on Thursday as fear that Europe's debt crisis could worsen next year left traders scrambling to sell the currency before the calendar turns. Traders said thin trading conditions exaggerated the mag
Published 30 Dec, 2011 12:00am
Euro tumbles versus yen, dollar in London

Euro tumbles versus yen, dollar in London

The euro fell to a 10-year low against the yen and its lowest in more than 15 months versus the dollar on Thursday after high borrowing costs at an Italian bond sale fuelled investor concerns about the eurozone crisis. Italy sold 7.02 billion euros of thr
Published 30 Dec, 2011 12:00am
Euro hits 10-year low versus yen

Euro hits 10-year low versus yen

The euro hit a 10-year low against the yen on Thursday, pressured by selling from Japanese retail investors and exporters, with moves amplified in poor year-end liquidity. Stop-loss selling in the euro versus the yen added to the pressure against the sing
Published 30 Dec, 2011 12:00am
Pound declines against dollar

Pound declines against dollar

Sterling hit a 2 1/2-month low on Thursday versus the dollar, which attracted broad safe-haven flows after weak demand at an Italian bond auction highlighted risks the eurozone debt crisis will worsen next year. In extremely choppy, holiday-thinned trade,
Published 30 Dec, 2011 12:00am
Pakistan hoping for 'fresh start' against England: Mohsin

Pakistan hoping for 'fresh start' against England: Mohsin

Interim Pakistan coach Mohsin Khan said his team is hoping for a 'fresh start' when they take on England for the first time since the spot-fixing scandal next month. The former Test opener took temporary charge of the team after Waqar Younis quit for pers
Published 30 Dec, 2011 12:00am
Doumbia named Russia's player of the year

Doumbia named Russia's player of the year

Ivory Coast international striker Seydou Doumbia was on Thursday named Russia's player of the year. The 23-year-old CSKA Moscow marksman collected a record haul of 591 points in an annual poll of the country's football journalists conducted by 'Football'
Published 30 Dec, 2011 12:00am
Freiburg sacks coach

Freiburg sacks coach

The Bundesliga's bottom club Freiburg have sacked coach Marcus Sorg four days before the start of new year training as they seek to kick-start their rescue plan, club officials said on Thursday. Sorg took over from Robin Dutt in July but the team collecte
Published 30 Dec, 2011 12:00am
Capello calls for action over stealing young talent

Capello calls for action over stealing young talent

Tighter rules should be introduced by FIFA to stop European clubs from "stealing" talented young players from other countries, England manager Fabio Capello said on Thursday. The Italian said the globalisation of football meant clubs were filling their yo
Published 30 Dec, 2011 12:00am
Slalom success again for Schild

Slalom success again for Schild

Austria's world champion Marlies Schild maintained her perfect start to the women's slalom World Cup season with her fourth win out of four here on Thursday. Slovenia's Tina Maze took second with American teenager Mikaela Shiffrin in third. With her 31st
Published 30 Dec, 2011 12:00am
University of Education holds annual sports day

University of Education holds annual sports day

The flamboyant episode of Annual Sports Day was held at University of Education, Bank Road Campus in which teams consisting of students from different departments participated in various categories. The Vice-chancellor University of Education Dr Faiz-ul-H
Published 30 Dec, 2011 12:00am
Celtic top after Old Firm win

Celtic top after Old Firm win

Celtic leapfrogged Rangers at the top of the Scottish Premier League with a 1-0 Old Firm derby victory which moves them two points clear of their rivals Joe Ledley's 52nd minute header from Charlie Mulgrew's corner was enough for the Hoops to claim a narr
Published 30 Dec, 2011 12:00am
Sri Lanka complete historic triumph

Sri Lanka complete historic triumph

Sri Lanka took the final three wickets in four balls to complete an historic 208-run win over South Africa on the fourth day of the second Test at Kingsmead on Thursday. There were wild scenes of celebration on the pitch when Rangana Herath bowled Marchan
Published 30 Dec, 2011 12:00am
Australia crush India

Australia crush India

Australia crushed India by 122 runs in the opening Test on Thursday, destroying their vaunted batting line-up with aggressive pace to claim a decisive victory inside four days in Melbourne. India, chasing a historically challenging 292 runs for victory, w
Published 30 Dec, 2011 12:00am
African drama to begin in Swiss boardroom

African drama to begin in Swiss boardroom

The first African football drama of 2012 will unfold in a Swiss boardroom as Namibia continue a battle to get Burkina Faso kicked out of the upcoming Cup of Nations. Namibia claim Cameroon-born Herve Zengue was ineligible to play against them in qualifier
Published 30 Dec, 2011 12:00am
Plzen cry foul at UEFA doping charge

Plzen cry foul at UEFA doping charge

Czech champions Viktoria Plzen on Thursday dismissed charges by UEFA which said their sweeper David Bystron had failed a doping test after their Champions League tie at BATE Borisov in November. "We immediately asked the UEFA doctors' team for an analysis
Published 30 Dec, 2011 12:00am
Deregulate the oil marketing industry: COO Hascol Petroleum Limited

Deregulate the oil marketing industry: COO Hascol Petroleum Limited

BR Research: Tell us about the brief history of Hascol and its operations in Pakistan. Saleem Butt: In 2005 the government decided to introduce new companies to increase competition. It devised certain criteria for new entrants. Hascol is one of the seven
Published 30 Dec, 2011 12:00am
Deregulate the oil marketing industry: COO Hascol Petroleum Limited

Deregulate the oil marketing industry: COO Hascol Petroleum Limited

BR Research: Tell us about the brief history of Hascol and its operations in Pakistan. Saleem Butt: In 2005 the government decided to introduce new companies to increase competition. It devised certain criteria for new entrants. Hascol is one of the seven
Published 30 Dec, 2011 12:00am
US jobless claims rise, but labour market healing

US jobless claims rise, but labour market healing

New US claims for unemployment benefits rose last week but the underlying trend continued to point to improving labour market conditions as the factory sector in the Midwest held firm in December. The growth picture was brightened by other data on Thursda
Published 30 Dec, 2011 12:00am
Monti calls for EU action against crisis after bond test

Monti calls for EU action against crisis after bond test

Italian Prime Minister Mario Monti on Thursday urged a united response against the debt crisis that has pushed the eurozone to the brink this year after Italy scraped through a key bond auction test. The Treasury raised 7.0 billion euros ($9.0 billion) -
Published 30 Dec, 2011 12:00am
Monti calls for EU action against crisis after bond test

Monti calls for EU action against crisis after bond test

Italian Prime Minister Mario Monti on Thursday urged a united response against the debt crisis that has pushed the eurozone to the brink this year after Italy scraped through a key bond auction test. The Treasury raised 7.0 billion euros ($9.0 billion) -
Published 30 Dec, 2011 12:00am
German inflation down in December, tops 2.3 percent for whole year

German inflation down in December, tops 2.3 percent for whole year

Inflation in Germany continued to come down from its recent highs in December, but averaged 2.3 percent for the whole of 2011, above European Central Bank targets, official data showed on Thursday. The consumer price index for the eurozone's largest econo
Published 30 Dec, 2011 12:00am
Malawi officials must protect people, not IMF: President

Malawi officials must protect people, not IMF: President

Malawian government officials should stop protecting the IMF at the cost of their own citizens, President Bingu wa Mutharika said Thursday amid a public spat with the global lender. Technocrats should not "protect the IMF but protect the people", Wa Mutha
Published 30 Dec, 2011 12:00am
Spain's economy shrinks

Spain's economy shrinks

Spain's economy shrank in the final quarter of 2011, battered by financial market tensions and a deteriorating global economic outlook, the Bank of Spain said Thursday. The grim report fed widespread fears that Spain has already slumped into a recession a
Published 30 Dec, 2011 12:00am
S&P upgrades Nigerian outlook to positive

S&P upgrades Nigerian outlook to positive

Nigeria's economic outlook has been upgraded from stable to positive by Standard & Poor's ratings agency, the firm announced Thursday, citing reform efforts in Africa's largest oil producer. "The Nigerian government under President Goodluck Jonathan has b
Published 30 Dec, 2011 12:00am
Rotterdam port chalks up new record

Rotterdam port chalks up new record

Rotterdam, Europe's largest container port and among the world's top 10, said Thursday it recorded a new record throughput of 433 million tonnes, despite the continent's economic downturn. "The transshipment for 2011 has increased by 0.8 percent to 433 mi
Published 30 Dec, 2011 12:00am
Record number of ivory seizures in 2011

Record number of ivory seizures in 2011

A record number of large scale ivory seizures will be recorded globally in 2011, pointing to a surge in elephant poaching in Africa to meet Asian demand for tusks for use in jewellery and ornaments, a monitoring group said on Thursday. TRAFFIC, a conserva
Published 30 Dec, 2011 12:00am
Deutsche Telekom charged in bribery case

Deutsche Telekom charged in bribery case

Deutsche Telekom AG, a Hungarian unit and three former executives were charged by a US regulator in a corruption case involving bribery of government officials in Macedonia and Montenegro. The US Securities and Exchange Commission said executives at the c
Published 30 Dec, 2011 12:00am
Banks' deposits at ECB down from record high

Banks' deposits at ECB down from record high

The volume of overnight funds held by banks at the European Central Bank has declined from the record highs seen earlier this week, official data showed on Thursday. Banks put 436.58 billion euros ($564 billion) on deposit at the ECB for 24 hours on Wedne
Published 30 Dec, 2011 12:00am
Kazakh Atyrau oil refinery inks $1.7 billion upgrade deal

Kazakh Atyrau oil refinery inks $1.7 billion upgrade deal

Kazakhstan signed a $1.7 billion contract with Chinese and Japanese companies on Thursday to upgrade Atyrau, the oldest refinery in the country, to produce cleaner fuels, the refinery said in a statement. Central Asia's largest economy and the second bigg
Published 30 Dec, 2011 12:00am
New US tactic for suspected Swiss bank tax cheats

New US tactic for suspected Swiss bank tax cheats

US authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal manoeuvre more commonly used against drug smugglers, money launderers and Imelda Marcos, widow of the Philippine dictator.
Published 30 Dec, 2011 12:00am
Wen vows end to cheap seizures of farmland

Wen vows end to cheap seizures of farmland

China must give its hundreds of millions of rural residents a much bigger share of profits from farmland seized in the name of economic growth, Premier Wen Jiabao said on Tuesday, a week after a stand-off that dramatised widespread tension over land.
Published 30 Dec, 2011 12:00am
GSM phones vulnerable to hijack scams: researcher

GSM phones vulnerable to hijack scams: researcher

Vulnerability in a widely used wireless technology could allow hackers to gain remote control of phones And instruct them to send text messages or make calls, according to an expert on mobile phone security. They could use the vulnerability in the GSM net
Published 30 Dec, 2011 12:00am
Previous Day