BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.59 Decreased By ▼ -0.04 (-0.52%)
BECO 5.12 Decreased By ▼ -0.45 (-8.08%)
BML 59.15 Decreased By ▼ -0.59 (-0.99%)
BOP 34.79 Increased By ▲ 0.39 (1.13%)
CNERGY 13.69 Increased By ▲ 0.58 (4.42%)
CSIL 6.33 Decreased By ▼ -0.08 (-1.25%)
FCCL 57.58 Decreased By ▼ -0.48 (-0.83%)
FFL 16.54 Increased By ▲ 0.31 (1.91%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.32 Decreased By ▼ -0.11 (-1.48%)
KOSM 6.00 Decreased By ▼ -0.03 (-0.5%)
LOTCHEM 27.50 Decreased By ▼ -0.17 (-0.61%)
MLCF 101.90 Decreased By ▼ -0.85 (-0.83%)
NBP 203.86 Decreased By ▼ -1.20 (-0.59%)
NCPL 60.66 Increased By ▲ 1.03 (1.73%)
NPL 70.00 Increased By ▲ 1.44 (2.1%)
OGDC 318.80 Decreased By ▼ -0.12 (-0.04%)
PACE 11.09 Increased By ▲ 0.04 (0.36%)
PAEL 43.07 Decreased By ▼ -0.03 (-0.07%)
PIBTL 16.75 Increased By ▲ 0.12 (0.72%)
PPL 231.37 Increased By ▲ 1.92 (0.84%)
PRL 77.16 Increased By ▲ 6.36 (8.98%)
PTC 71.00 No Change ▼ 0.00 (0%)
SSGC 27.23 Decreased By ▼ -0.18 (-0.66%)
TBL 10.25 Decreased By ▼ -0.06 (-0.58%)
TELE 8.61 Increased By ▲ 0.08 (0.94%)
TPL 23.62 Increased By ▲ 0.56 (2.43%)
TPLP 15.30 Decreased By ▼ -0.46 (-2.92%)
TREET 24.58 Decreased By ▼ -0.13 (-0.53%)
TRG 60.00 Decreased By ▼ -0.29 (-0.48%)
Archive - 2012-01-02
Parliamentarians call on PM
Top News

Parliamentarians call on PM

ISLAMABAD: Members of the National Assembly (MNAs) Pir Syed Fazal Ali Shah Jilani, Saeed Ahmad Zafar and Moazzam Ali Kha
Published 02 Jan, 2012 05:24pm
LSE witnesses bullish trend
Markets

LSE witnesses bullish trend

LAHORE: Bullish trend prevailed in Lahore Stock Exchange on the opening day (Monday) of first week of 2012 gaining 23.09
Published 02 Jan, 2012 05:10pm
Chile forest blaze burns down
World

Chile forest blaze burns down

SANTIAGO: A forest fire in south-central Chile engulfed and destroyed one of forestry and wood pulp giant Arauco's four
Published 02 Jan, 2012 03:57pm
Polish Treasury calls lower tax
Top News

Polish Treasury calls lower tax

WARSAW : Poland 's new mining tax, which will mainly fall on Europe 's No.2 copper producer KGHM , is out of sync with
Published 02 Jan, 2012 03:00pm
Petersen to open with Smith
Cricket

Petersen to open with Smith

CAPE TOWN: Alviro Petersen will open the batting for South Africa with captain Graeme Smith in the third and final Test
Published 02 Jan, 2012 10:50am
Weekly inflation increases
Top News

Weekly inflation increases

ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended on December 29, for the lowest income group up to Rs.
Published 02 Jan, 2012 09:30am
Fuming over CNG
BR Research

Fuming over CNG

Three years in a row the calendar year ended with a strike in Karachi for one reason or another. 2011 ended with a transporters strike prote
Published 02 Jan, 2012 12:00am
Hike in CNG tariff: complete strike observed across Southern Punjab

Hike in CNG tariff: complete strike observed across Southern Punjab

Compressed Natural Gas (CNG) stations across Southern Punjab observed complete strike on Sunday against increase in the gas tariff. The Rickshaw/wagon drivers staged a protest demonstration against the hike in tariff and ban on use of CNG in commercial ve
Published 02 Jan, 2012 12:00am
Middle East negotiators to meet for first time in months

Middle East negotiators to meet for first time in months

Palestinian and Israeli negotiators will meet for the first time in more than a year in Jordan on Tuesday to discuss stalled peace talks, the Jordanian foreign ministry said on Sunday. "Foreign Minister Nasser Judeh on Tuesday will host a meeting includin
Published 02 Jan, 2012 12:00am
Argentine governor dies in mystery New Year shooting

Argentine governor dies in mystery New Year shooting

The governor of Argentina's Rio Negro province has been fatally shot in a mysterious New Year's day shooting at his vacation home in Patagonia, officials said Sunday. Governor Carlos Soria, 61, was just a few weeks into his tenure as head of the southern
Published 02 Jan, 2012 12:00am
Egyptian court cancels ban on veiled TV presenters

Egyptian court cancels ban on veiled TV presenters

An Egyptian court cancelled a ban Sunday on veiled anchorwomen appearing on state-owned television, the broadcaster's website reported. The administrative court in Alexandria, Egypt's second biggest city, said the veil did not hamper the wearer from doing
Published 02 Jan, 2012 12:00am
Sarkozy kicks off election year with warning on future

Sarkozy kicks off election year with warning on future

Facing a tough election fight in four months, French President Nicolas Sarkozy kicked off the new year warning voters 2012 was "full of risks" and that France's future will hang in the balance. France entered an unpredictable election year on Sunday, with
Published 02 Jan, 2012 12:00am
Yaffa Yarkoni, Israeli wartime singer, dies at 86

Yaffa Yarkoni, Israeli wartime singer, dies at 86

Yaffa Yarkoni, a singer who belted out wartime songs only to become a critic of the Israeli military late in life, died Sunday after a battle with Alzheimer's disease. She was 86. Yarkoni went from entertaining soldiers as a wartime songbird to criticizin
Published 02 Jan, 2012 12:00am
Educate young for peace, pope says at New Year Mass

Educate young for peace, pope says at New Year Mass

Humanity faces a decisive challenge - educating new generations in justice and peace in order to avoid the violent tragedies of the past, Pope Benedict said in his New Year address on Sunday. Benedict, 84, marked his seventh New Year as pope by celebratin
Published 02 Jan, 2012 12:00am
17 die after drinking tainted liquor in south India

17 die after drinking tainted liquor in south India

At least 17 people have died after drinking contaminated moonshine in India's southern state of Andhra Pradesh, media reported Sunday. The deaths were reported to have occurred in the eastern Krishna and central Nalgonda districts, starting late Saturday,
Published 02 Jan, 2012 12:00am
Strong earthquake jolts Japan, no tsunami warning

Strong earthquake jolts Japan, no tsunami warning

A strong earthquake with a magnitude of 7.0 jolted eastern and northeastern Japan on Sunday, but there were no immediate reports of injuries or damages and no tsunami warning was issued. The earthquake measured 4 in central Tokyo, Fukushima and their surr
Published 02 Jan, 2012 12:00am
EU sees January decision on wider Iran sanctions

EU sees January decision on wider Iran sanctions

The European Union expects to reach a decision by the end of January on expanding sanctions against Iran, an EU spokesman said on Sunday. US President Barack Obama signed new sanctions against Tehran into law on Saturday, shortly after Iran signalled it w
Published 02 Jan, 2012 12:00am
Eight killed in Syria; Arab body urges monitors out

Eight killed in Syria; Arab body urges monitors out

An Arab League advisory body called for the immediate withdrawal of Arab monitors from Syria, where eight more people were reported killed on Sunday, saying their mission was allowing Damascus to cover up unabated violence and abuses.
Published 02 Jan, 2012 12:00am
Nine die, 50 hurt in botched Congo jail break

Nine die, 50 hurt in botched Congo jail break

Nine inmates were killed in a botched prison break in the Democratic Republic of Congo on Sunday after one of them pulled the pin on a grenade but didn't throw it, a police official said. The incident follows a rash of prison violence and escapes in the c
Published 02 Jan, 2012 12:00am
Chinese funds cut suggested equity exposure amid slowdown

Chinese funds cut suggested equity exposure amid slowdown

Chinese fund managers slashed their suggested equity weightings to four-month lows in December as fears of a possible deterioration in the eurozone debt crisis as well as economic slowdown at home dent appetite for risk.
Published 02 Jan, 2012 12:00am
Chinese funds cut suggested equity exposure amid slowdown

Chinese funds cut suggested equity exposure amid slowdown

Chinese fund managers slashed their suggested equity weightings to four-month lows in December as fears of a possible deterioration in the eurozone debt crisis as well as economic slowdown at home dent appetite for risk.
Published 02 Jan, 2012 12:00am
Iran's currency slips to record low after new US sanctions

Iran's currency slips to record low after new US sanctions

Iran's currency, the rial, slipped to a record low Sunday, the day after the United States imposed extra sanctions targeting the Islamic republic's central bank and financial sector. The state news agency IRNA and an Iranian website tracking the currency
Published 02 Jan, 2012 12:00am
Global markets week ahead: dawn of a year of trading dangerously

Global markets week ahead: dawn of a year of trading dangerously

Out with the old year, in with the new and for investors uncertainty is likely to be the only certainty once more. The eurozone debt crisis is far from resolved, turmoil in the Arab world has shifted to Syria and Iran has threatened to stop the flow of oi
Published 02 Jan, 2012 12:00am
Indian market regulator cracking down on IPOs

Indian market regulator cracking down on IPOs

India's capital market regulator is reviewing the process for initial public offerings, its chairman said on Thursday, a day after it banned seven small companies from fund-raising for what it said were IPO rule violations. "We are currently reviewing the
Published 02 Jan, 2012 12:00am
Vietnam lender BIDV raises $75 million at IPO

Vietnam lender BIDV raises $75 million at IPO

BIDV, Vietnam's second-largest lender by assets, raised nearly 1.58 trillion dong ($75 million) from the country's largest initial public offering in 2011, the stock exchange said on Thursday. But investors seeking to trade in the shares of the Hanoi-base
Published 02 Jan, 2012 12:00am
Vietnam lender BIDV raises $75 million at IPO

Vietnam lender BIDV raises $75 million at IPO

BIDV, Vietnam's second-largest lender by assets, raised nearly 1.58 trillion dong ($75 million) from the country's largest initial public offering in 2011, the stock exchange said on Thursday. But investors seeking to trade in the shares of the Hanoi-base
Published 02 Jan, 2012 12:00am
US Treasury to charge banks for risk monitoring

US Treasury to charge banks for risk monitoring

The US Treasury Department plans to start charging large banks a fee to cover the costs of the financial risk council it leads and a research office tasked with measuring threats to financial markets. The Financial Stability Oversight Council and the Offi
Published 02 Jan, 2012 12:00am
US Treasury to charge banks for risk monitoring

US Treasury to charge banks for risk monitoring

The US Treasury Department plans to start charging large banks a fee to cover the costs of the financial risk council it leads and a research office tasked with measuring threats to financial markets. The Financial Stability Oversight Council and the Offi
Published 02 Jan, 2012 12:00am
Euro could become world's leading currency: Noyer

Euro could become world's leading currency: Noyer

The euro could become the world's leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration, European Central Bank policymaker Christian Noyer said in an article to be published in the Journal du D
Published 02 Jan, 2012 12:00am
India Inc finds dollar funding grows scarce, expensive

India Inc finds dollar funding grows scarce, expensive

Indian companies can no longer count on dollar credit as a cheap funding alternative to expensive domestic borrowings. While surging interest rates at home had prompted many Indian companies to look offshore to raise dollars this year, risk-aversion among
Published 02 Jan, 2012 12:00am
Japan to trim 2012/13 budget, rely on special bonds

Japan to trim 2012/13 budget, rely on special bonds

Japan's government plans to trim its initial budget for next financial year from this year's record, but spending cuts will be achieved by using a special type of bond that does not need to included in general accounts, the Nikkei newspaper said.
Published 02 Jan, 2012 12:00am
Japan to trim 2012/13 budget, rely on special bonds

Japan to trim 2012/13 budget, rely on special bonds

Japan's government plans to trim its initial budget for next financial year from this year's record, but spending cuts will be achieved by using a special type of bond that does not need to included in general accounts, the Nikkei newspaper said.
Published 02 Jan, 2012 12:00am
Artisan Partners withdraws IPO

Artisan Partners withdraws IPO

Artisan Partners Asset Management Inc filed with US regulators on Thursday to withdraw its initial public offering, citing unfavourable market conditions. In April, the investment management firm had filed with the US Securities and Exchange Commission fo
Published 02 Jan, 2012 12:00am
US is top 2012 property investment pick

US is top 2012 property investment pick

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No 2 this year, according to a survey released Sunday.
Published 02 Jan, 2012 12:00am
Bangladesh's foreign exchange reserves rise but may fall again

Bangladesh's foreign exchange reserves rise but may fall again

Bangladesh's foreign exchange reserves rose to $9.63 billion at the end of December from the lowest since August 2009 in November, although they were down from $11.17 billion a year earlier, the central bank said on Sunday.
Published 02 Jan, 2012 12:00am
South Korea December exports shine, 2012 slowdown seen

South Korea December exports shine, 2012 slowdown seen

South Korea's December exports and imports grew more than expected to hit monthly and annual record highs, data showed on Sunday, but the country said overseas sales would slow in 2012 on cooling demand in the euro zone and China.
Published 02 Jan, 2012 12:00am
Iran dismisses US sanctions on its Central Bank

Iran dismisses US sanctions on its Central Bank

Iran dismissed on Sunday Washington's move to impose new sanctions on financial institutions dealing with the Islamic state's central bank over the country's disputed nuclear programme, the Students news agency reported. President Barack Obama signed the
Published 02 Jan, 2012 12:00am
China factories struggle, policy action seen ahead

China factories struggle, policy action seen ahead

China's big manufacturers narrowly avoided a contraction in December a survey showed on Sunday, but downward risks persist and suggest the world's second's second-largest economy will need fresh policy support to counter a slowdown in growth.
Published 02 Jan, 2012 12:00am
Mali gold revenues rise in 2011 alongside price

Mali gold revenues rise in 2011 alongside price

Mali's gold revenues surged by more than 20 percent in 2011 to 240 billion CFA francs ($475 million) tracking a rise in world prices, President Amadou Toumani Toure said on Sunday Africa's third biggest miner of the precious metal behind South Africa and
Published 02 Jan, 2012 12:00am
Shell chief executive keeping close eye on Petroplus

Shell chief executive keeping close eye on Petroplus

Royal Dutch Shell is closely watching developments at European oil refiner Petroplus, which is closing three of its refineries after running out of money for crude supplies since bankers froze its credit lines abruptly last week.
Published 02 Jan, 2012 12:00am
Standard Chartered sees higher risk of euro split

Standard Chartered sees higher risk of euro split

The head of Standard Chartered bank sees a growing likelihood of one or more countries leaving the euro zone, telling a Sunday newspaper that political leaders have yet to offer a meaningful solution to the bloc's debt crisis.
Published 02 Jan, 2012 12:00am
Brazil to cut $32 billion from 2012 budget

Brazil to cut $32 billion from 2012 budget

Brazil's government may cut as much as much 60 billion reais ($32 billion) from spending in 2012 in an effort to control its deficit and inflation, the Estado de S. Paulo newspaper reported, citing unnamed Finance Ministry officials.
Published 02 Jan, 2012 12:00am
Nigerian regulators announce end to fuel subsidies

Nigerian regulators announce end to fuel subsidies

Nigerian authorities announced on Sunday that a controversial plan to scrap fuel subsidies will be effective from January 1, a move likely to lead to strikes and street protests. The plan is unpopular with Nigerians, many of whom see cheap fuel as the onl
Published 02 Jan, 2012 12:00am
Iran increases pressure on Kuwait over gas field

Iran increases pressure on Kuwait over gas field

Iran said on Sunday that it would launch full-scale unilateral development of the disputed offshore Arash gas field in the Gulf if Kuwait does not respond to its offer of joint development, according to the official IRNA news agency.
Published 02 Jan, 2012 12:00am
Egypt to cut energy subsidies for heavy industry

Egypt to cut energy subsidies for heavy industry

Egypt's government will increase natural gas and electricity prices paid by heavy industries by 33 percent this month to narrow its growing budget deficit, Al-Ahram newspaper reported on Sunday.
Published 02 Jan, 2012 12:00am
Shabbir grabs Pakistan Open Golf crown with 3 stroke lead

Shabbir grabs Pakistan Open Golf crown with 3 stroke lead

Pakistan's star golfer star Muhammad Shabbir lived upto his billing when he grabbed the AKD 41st Pakistan Open Golf Championship crown with a clear cut three stroke lead over his main challenger Matloob Ahmed on Sunday.
Published 02 Jan, 2012 12:00am
Tendulkar seeks SCG inspiration in ton quest

Tendulkar seeks SCG inspiration in ton quest

Sachin Tendulkar's search for his elusive 100th international century fittingly takes him to the Sydney Cricket Ground for Tuesday's second Test against Australia, an arena celebrating its own Test ton. The "Little Master" came close to achieving the uniq
Published 02 Jan, 2012 12:00am
EPL stars probed over 'perks'

EPL stars probed over 'perks'

English Premier League football clubs and their star players are being investigated by the tax authorities over "secret perks", a newspaper reported Sunday. Investigators from Her Majesty's Revenue and Customs have interviewed finance directors at Britain
Published 02 Jan, 2012 12:00am
Sunderland stun Premier League leaders City

Sunderland stun Premier League leaders City

South Korea's Ji Dong-Won struck in injury time as Sunderland dramatically beat Premier League leaders Manchester City 1-0 at the Stadium of Light here on Sunday. The result left City ahead of second-placed Manchester United on goal difference alone after
Published 02 Jan, 2012 12:00am
FC Tokyo win Japanese Emperor's Cup

FC Tokyo win Japanese Emperor's Cup

Brazilian striker Lucas Severino scored a double as FC Tokyo beat Kyoto Sanga 4-2 to become the first second division side to win the Emperor's Cup on Sunday. Tokyo, who had already won the J.League second division title, qualified for the Asian Champions
Published 02 Jan, 2012 12:00am
Reds ponder appeal after damning Suarez report

Reds ponder appeal after damning Suarez report

Liverpool were considering whether to appeal the ban imposed on Luis Suarez after the panel that found him guilty of racial abuse released a report accusing him of giving "unreliable" and "incredible" evidence.
Published 02 Jan, 2012 12:00am
Hussey happy to help delay Tendulkar's defining moment

Hussey happy to help delay Tendulkar's defining moment

Sachin Tendulkar's incredible record at Sydney Cricket Ground (SCG) makes Mike Hussey nervous but the Australian batsman and his team mates will do everything to prolong the Indian great's agonising wait for his 100th international century. Tendulkar, str
Published 02 Jan, 2012 12:00am
Federer aims to extend winning run into Olympic year

Federer aims to extend winning run into Olympic year

Roger Federer believes the momentum he achieved from his finest finish to a season can launch him to a successful defence of the Qatar Open title and a flying start to Olympic year. The Grand Slam record holder has gone 17 matches unbeaten and won three t
Published 02 Jan, 2012 12:00am
Anger of Chelsea fans is fair, says Villas-Boas

Anger of Chelsea fans is fair, says Villas-Boas

Chelsea fans, spoiled by success in recent years, showed their anger at the team's poor run of form by leaving Stamford Bridge in their droves before the end of Saturday's 3-1 home defeat by Aston Villa.
Published 02 Jan, 2012 12:00am
Serena doesn't regret US Open outburst

Serena doesn't regret US Open outburst

Serena Williams says she doesn't regret her outburst during last year's US Open final and warns she would do it again if her emotions are as high as they were during her loss to Australia's Samantha Stosur. Williams reacted angrily when chair umpire Eva A
Published 02 Jan, 2012 12:00am
Clijsters begins season with convincing victory

Clijsters begins season with convincing victory

Kim Clijsters began the buildup to the defence of her Australian Open title as the Belgian reached the second round of the Brisbane International with a 6-1, 6-4 defeat of Romanian Simona Halep on Sunday. Clijsters led fellow seed Francesca Schiavone, the
Published 02 Jan, 2012 12:00am
Honda scraps 1,000 flood-ravaged cars in Thailand

Honda scraps 1,000 flood-ravaged cars in Thailand

Japanese automaker Honda on December 27 began destroying more than 1,000 cars in Thailand to reassure customers that no vehicles damaged in the country's recent flood crisis will ever be sold. The scrapping process at Honda's plant in the central province
Published 02 Jan, 2012 12:00am
Mizuho chief executive bullish on overseas loan growth

Mizuho chief executive bullish on overseas loan growth

Mizuho will continue to enjoy strong growth in overseas lending through the coming quarter on a jump in loan requests from international borrowers as European banks curb lending due to the region's debt crisis, the CEO of the Japanese bank said.
Published 02 Jan, 2012 12:00am
Vestas says confident, can meet 2011 order target

Vestas says confident, can meet 2011 order target

Danish wind turbine manufacturer Vestas announced a flurry of new orders on December 30 as it strove to meet its full-year 2011 guidance for an order intake of 7,000-8,000 megawatts of turbines. By late afternoon Vestas had announced half a dozen orders w
Published 02 Jan, 2012 12:00am
S&P lowers Petroplus rating on payment fears

S&P lowers Petroplus rating on payment fears

Standard & Poor's cut its long-term credit rating of Swiss-based oil refiner Petroplus to CCC+ from B on December 27, saying the company may not be able to make payments to keep operating.
Published 02 Jan, 2012 12:00am
BNP moves Russian consumer credit into Sberbank joint venture

BNP moves Russian consumer credit into Sberbank joint venture

French bank BNP Paribas is to spin off its last remaining Russian consumer-credit business into a joint venture with Sberbank as it reduces its presence in the heavily state-influenced retail banking market. Britain's Barclays and HSBC have already left t
Published 02 Jan, 2012 12:00am
Abu Dhabi throws Aldar $4.6 billion lifeline

Abu Dhabi throws Aldar $4.6 billion lifeline

The Abu Dhabi government threw indebted Aldar Properties a new 16.8-billion-dirham ($4.6 billion) lifeline on December 28, buying assets from the struggling developer and retiring a loan. Aldar, which is partly-owned by the government, has been hit hard b
Published 02 Jan, 2012 12:00am
Reunion of India's Ambani brothers raises hope of deals

Reunion of India's Ambani brothers raises hope of deals

The spectacle of the long-feuding billionaire Ambani brothers dancing at a celebration of the 80th anniversary of the birth of their late father this week sent Indian media into a frenzy and reignited speculation the two might again do business together.
Published 02 Jan, 2012 12:00am
Travel routers from Belkin produce own hotspots

Travel routers from Belkin produce own hotspots

Travellers on the road can use a new router from Belkin to produce their own hotspot. The small Go N300 DB is connected by network cable to an internet connection and produces WiFi that can be used by numerous devices. Belkin suggests for example that two
Published 02 Jan, 2012 12:00am
Opera 11.60 with newly designed Mail Client

Opera 11.60 with newly designed Mail Client

The newest version of the Opera browser is hitting the market with an improved Mail Client. User accounts and an overview of all emails and their content can be displayed in one view in three columns.
Published 02 Jan, 2012 12:00am
3D camcorder with glasses-less display

3D camcorder with glasses-less display

A new camcorder from Taiwan has two lenses for three-dimensional recordings. The Aiptek3D iH3 cannot only record 3D videos but can play them on its 3.2 inch display so that the viewer does not need 3D glasses. The camcorder can take pictures with a resolu
Published 02 Jan, 2012 12:00am
Apple eBook reader with night mode

Apple eBook reader with night mode

Version 1.5 of the eBook reader iBooks is now available in the App Store. The iPhone and iPad programme now includes so-called "night mode," allowing for more comfortable reading in low light. Also new is the full screen layout which has gotten rid of all
Published 02 Jan, 2012 12:00am
Windows smartphone from Acer

Windows smartphone from Acer

Acer has developed its own smartphone using the Windows Phone 7.5 (Mango) operating system. The Allegro has a 3.6 inch touchscreen, a GPS sensor and 8 GB of internal memory. There is a 5 megapixel camera for pictures and videos. Office Mobile is already i
Published 02 Jan, 2012 12:00am
Archos tablets for beginners

Archos tablets for beginners

Archos has added three new beginner tablets to the market under the brand name Arnova. The G2 series has 7, 8 and 9 inch displays in 4:3 format. All three tablets have a 1 GHz Cortex processor, Android 2.3 (Gingerbread) and WiFi. They do not include a UTM
Published 02 Jan, 2012 12:00am
Medion Lifetab available

Medion Lifetab available

Medion's new tablet PC has hit the market. The Lifetab P9514 has a 10-inch display, 32 GB of internal memory and runs Android 3.2 (Honeycomb). The integrated dual core processor runs at 1 GHz while the tablet has a UMTS port and cameras on the front and b
Published 02 Jan, 2012 12:00am
GSM phones vulnerable to hijack scams: researcher

GSM phones vulnerable to hijack scams: researcher

Flaws 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.
Published 02 Jan, 2012 12:00am
Virtual teachers provide lessons on the go

Virtual teachers provide lessons on the go

Do you want to learn to recognise bird calls? Pick up a new computer programming language? Learn Chinese? Chances are, wherever your academic pursuit takes you, there's an app for a tablet or smartphone that will help. There are 19,000 apps in the iTunes
Published 02 Jan, 2012 12:00am
Anonymous releases more Stratfor data

Anonymous releases more Stratfor data

Online "hacktivist" group Anonymous has released a trove of email addresses and credit card numbers stolen from the website of intelligence analysis firm Stratfor and promised further attacks. In a statement on Pastebin.com late Thursday, members of Anony
Published 02 Jan, 2012 12:00am
Deleting pictures and data in social networks

Deleting pictures and data in social networks

A comment or photo is quickly and easily posted onto a social online network. But how can you get rid of them again? Users of Facebook and some other social networks can delete the comments and pictures that they post on their walls.
Published 02 Jan, 2012 12:00am
Google tops US Web destinations in 2011: Nielsen

Google tops US Web destinations in 2011: Nielsen

Google was the most-visited Web destination in the United States in 2011, followed by Facebook and Yahoo!, industry tracker Nielsen said on December 29. Google received an average of 153.4 million unique US visitors a month from home and work computers, a
Published 02 Jan, 2012 12:00am
Kindle sales on fire: Amazon

Kindle sales on fire: Amazon

Amazon said December 29 that it sold more than one million Kindles a week in December with the new Kindle Fire tablet computer its top-selling item. This year saw "the best holiday ever for the Kindle family as customers purchased millions of Kindle Fires
Published 02 Jan, 2012 12:00am
Tablets, e-readers closing book on ink-and-paper era

Tablets, e-readers closing book on ink-and-paper era

Tablet computers and electronic readers promise to close the book on the ink-and-paper era as they transform the way people browse magazines, check news or lose themselves in novels. "It is only a matter of time before we stop killing trees and all public
Published 02 Jan, 2012 12:00am
Will 2012 top 2011 for record weather disasters?

Will 2012 top 2011 for record weather disasters?

From floods that crippled countries, to mega cyclones, huge blizzards, killer tornadoes to famine-inducing droughts, 2011 has been another record-breaker for bad weather. While it is too early to predict what 2012 will be like, insurers and weather predic
Published 02 Jan, 2012 12:00am
Obesity tied to older adults' risk of falls: study

Obesity tied to older adults' risk of falls: study

Obese older adults may be more likely than their thinner peers to suffer a potentially disabling fall though the most severely overweight may be somewhat protected from injury, according to a US study.
Published 02 Jan, 2012 12:00am
Elderly who eat better stay mentally sharp

Elderly who eat better stay mentally sharp

Elderly people with higher levels of certain vitamins and omega 3 fatty acids in their blood score better on mental acuity tests than those who eat junk food, a study released on December 28 showed. The study published in Neurology, the journal of the Ame
Published 02 Jan, 2012 12:00am
Coloradans can make money by losing weight

Coloradans can make money by losing weight

Insurance company Kaiser Permanente Colorado is offering cash to Coloradans to lose weight and keep it off. Companies have been making similar offers to their employees for years as a way to reduce obesity in the workplace and lower health care costs. But
Published 02 Jan, 2012 12:00am
Red meat lovers have more kidney cancer

Red meat lovers have more kidney cancer

People who eat lots of red meat may have a higher risk of some types of kidney cancer, suggests a large US study. Researchers found that middle-aged adults who ate the most red meat were 19 percent more likely to be diagnosed with kidney cancer than those
Published 02 Jan, 2012 12:00am
WHO deeply concerned by mutated bird flu research

WHO deeply concerned by mutated bird flu research

The World Health Organisation issued a stern warning on December 30 to scientists who have engineered a highly pathogenic form of the deadly H5N1 bird flu virus, saying their work carries significant risks and must be tightly controlled.
Published 02 Jan, 2012 12:00am
Weak market fundamentals may keep cotton prices contained in near future

Weak market fundamentals may keep cotton prices contained in near future

Latest field reports from Punjab province are strengthening the estimate of a bumper cotton crop between 13.5 and 14.0 million local weight bales in 2011-12 season. Cotton trade expect seed- cotton arrivals equivalent to 1.0 to 1.2 million bales in the se
Published 02 Jan, 2012 12:00am
Weak market fundamentals may keep cotton prices contained in near future

Weak market fundamentals may keep cotton prices contained in near future

Latest field reports from Punjab province are strengthening the estimate of a bumper cotton crop between 13.5 and 14.0 million local weight bales in 2011-12 season. Cotton trade expect seed- cotton arrivals equivalent to 1.0 to 1.2 million bales in the se
Published 02 Jan, 2012 12:00am
MQM condemns hike in petrol price

MQM condemns hike in petrol price

Muttahida Qaumi Movement's Co-ordination Committee has strongly condemned the latest increase in prices of petroleum products by Oil and Gas Regulatory Authority (OGRA) and demanded of the government to withdraw it immediately. In a statement on Sunday th
Published 02 Jan, 2012 12:00am
Training workshop organised

Training workshop organised

Vice President of Hyderabad Chamber of Commerce and Industry Mr. Turab Ali Khuwaja has said that Quality management needs more training workshops. Addressing a training workshop on the subject of Stander and Technical expertise, he said that the country w
Published 02 Jan, 2012 12:00am
Pakistani killed in Iranian firing

Pakistani killed in Iranian firing

A Pakistani was killed and another injured in firing by Iranian Anti-Narcotics Force and took away body and injured man into their territory. According to details, Iranian Anti-Narcotics Force (Mirsaad) opened fire and killed son of Abdul Ghani, an oil de
Published 02 Jan, 2012 12:00am
Reception hosted in honour of Chinese official

Reception hosted in honour of Chinese official

A reception was hosted in honour of Dr Wang Jianzhong, Vice Director Zibo Municipal Foreign Affairs Office Zibo, Shandong, China at Hyderabad Chambers of Commerce and Industries (HCCI), here on Sunday afternoon.
Published 02 Jan, 2012 12:00am
Workers at Tripoli's decaying port go on strike

Workers at Tripoli's decaying port go on strike

Port workers in Libya's capital Tripoli went on strike on Sunday to demand better working conditions and government investment to fix major damage caused by war and decades of negligence.
Published 02 Jan, 2012 12:00am
Feeling marginalised, some Iraqi Sunnis eye autonomy

Feeling marginalised, some Iraqi Sunnis eye autonomy

Amjad Abdul-Salam is one of a growing number of Iraqis who say a separate state for his fellow Sunni Muslims is the only way to stop the country sliding back into sectarian chaos. Tensions between Iraq's Sunni and Shi'ite Muslims are rising after the Unit
Published 02 Jan, 2012 12:00am
Troops, tanks patrol north-east Nigeria streets

Troops, tanks patrol north-east Nigeria streets

Heavily armed troops and tanks patrolled the streets of Maiduguri in north-east Nigeria on Sunday, witnesses said, after the president declared a state of emergency in parts of the north affected by an Islamist insurgency.
Published 02 Jan, 2012 12:00am
North Korea rallies for successor, no mention of nuclear arms

North Korea rallies for successor, no mention of nuclear arms

North Korea in a policy-setting message for New Year called on its people to rally behind anointed successor Kim Jong-un by becoming "human shields" but made no mention of its nuclear arms programme, the key source of regional security concern during his
Published 02 Jan, 2012 12:00am
UK's Prince Philip walks to church after operation

UK's Prince Philip walks to church after operation

Queen Elizabeth's 90-year-old husband Prince Philip attended a new year's day church service on Sunday, walking the short distance to the building in his first public appearance after a Christmas health scare.
Published 02 Jan, 2012 12:00am
Nigerian cities in lockdown after emergency decree

Nigerian cities in lockdown after emergency decree

Nigeria began the new year Sunday under a state of emergency in areas targeted by Islamist attacks as soldiers flooded hard-hit cities in a bid to end spiralling violence in Africa's most populous nation.
Published 02 Jan, 2012 12:00am
JI asks Army to hold peace talks with Taliban

JI asks Army to hold peace talks with Taliban

Jamaat-e-Islami (JI) on Sunday asked Pakistan Army to start peace talks with Taliban, as the US being a key belligerent in the war is already doing so. Speaking at a public meeting at Bacha Khan Chowk in Banaras area, JI Chief Munawar Hassan also urged th
Published 02 Jan, 2012 12:00am
President sends bouquet to lawyer Talib Rizvi

President sends bouquet to lawyer Talib Rizvi

President Asif Ali Zardari has sent a flower bouquet and get-well message to eminent lawyer Talib Rizvi admitted to a hospital in Lahore. The President also prayed for his early recovery.
Published 02 Jan, 2012 12:00am
Shalimar Steel clarification

Shalimar Steel clarification

The management of the Shalimar Steel Re-Rolling Mills has clarified that the SNGPL has not disconnected gas supply to the entity on theft charges and all its units are in operation. A spokesman of the Shalimar Steel said there was no disconnection of gas
Published 02 Jan, 2012 12:00am
Nine injured in hand grenade attack

Nine injured in hand grenade attack

Nine persons were injured in a hand grenade attack near a hotel here on Sunday. As per details miscreants riding a motorcycle hurled a hand grenade, which landed near a hotel along Joint road on Sunday. Nine persons were injured in the attack. Condition o
Published 02 Jan, 2012 12:00am
CNG for commercial vehicles: APCNGA demands withdrawal of ban

CNG for commercial vehicles: APCNGA demands withdrawal of ban

The All Pakistan CNG Association (APCNGA) on Sunday demanded of the government to withdraw the decision of imposing ban on use of CNG in commercial vehicles, terming the move as a 'conspiracy' to sabotage the sector.
Published 02 Jan, 2012 12:00am
Relations with US be based on equality, people's aspirations: Fazl

Relations with US be based on equality, people's aspirations: Fazl

JUI-F chief Fazlur Rehman has said that relations with the United States should be based on equality and aspirations of the people of Pakistan. He was addressing a public meeting in Mardan on Sunday. He said that Pakistan is a sovereign state and its rela
Published 02 Jan, 2012 12:00am
Prioritize gas consumption

Prioritize gas consumption

Since last summer, federal minister for petroleum and natural resources Dr. Asim Hussain has been consistently issuing warnings of natural gas loadshedding in the winter months. A gas load management plan was finalised after due deliberations with all sta
Published 02 Jan, 2012 12:00am
Supreme Court rules unanimously

Supreme Court rules unanimously

Unanimously accepting the petitioners' plea for hearing the Memogate, the nine-judge bench of the Supreme Court on Friday set up a high-powered judicial commission to investigate the scandal. Which way the case would go from now on nothing can be said wit
Published 02 Jan, 2012 12:00am
Pakistan is not North Korea

Pakistan is not North Korea

President Zardari addressed the crowds gathered to mark Benazir Bhutto's fourth death anniversary with a marked lack of vitriol. What was significant in his speech was not what he said but what he did not say.
Published 02 Jan, 2012 12:00am
Redefining foreign policy

Redefining foreign policy

The relationship between Pakistan and US has persistently been on the roller-coaster ride. In 1950s, they were found close allies and later Pakistan joined Cento and Seato. In 1960s they were what Denis Kux call "estranged allies". Later than 9/11, Pakist
Published 02 Jan, 2012 12:00am
Flood survivors ring in New Year with anxiety, hope

Flood survivors ring in New Year with anxiety, hope

Mercedita Hino paused and held back tears as she expressed hope that the New Year would be better for her family, despite not knowing what lies ahead for them. Hino, her husband and four children are among tens of thousands of people displaced by floods t
Published 02 Jan, 2012 12:00am
Not so justified opprobrium

Not so justified opprobrium

The energy crisis, particularly the snow-balling shortage of natural gas, is not only affecting the lives of the common people but is also hitting the industrial sector in a big way, scuttling the chances of recovery of the economy which is already in a v
Published 02 Jan, 2012 12:00am
Lack of efficient farming hurting Pakistan: Dr Mahmood Ahmed

Lack of efficient farming hurting Pakistan: Dr Mahmood Ahmed

"Unless users are charged in proportion to the volume of water that they consume, there can be no incentive to lure them towards adopting more efficient technologies and processes," insists Dr. Mahmood Ahmad.
Published 02 Jan, 2012 12:00am
Lack of efficient farming hurting Pakistan: Dr Mahmood Ahmed

Lack of efficient farming hurting Pakistan: Dr Mahmood Ahmed

"Unless users are charged in proportion to the volume of water that they consume, there can be no incentive to lure them towards adopting more efficient technologies and processes," insists Dr. Mahmood Ahmad.
Published 02 Jan, 2012 12:00am
Assault on journalist condemned

Assault on journalist condemned

Journalists here held demonstration and staged sit-in outside the SSP Office, here on Sunday, in protest against the incident of firing upon the car of a senior journalist. Holding placards and banners, the journalists condemned the attack and demanded ar
Published 02 Jan, 2012 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 26 to December 30 2011)

Published 02 Jan, 2012 12:00am
The Weather

The Weather

The weather report on Sunday (December 25, 2012) and the forecast for Monday (December 26, 2012).

Published 02 Jan, 2012 12:00am
Iran reports nuclear progress as sanctions loom

Iran reports nuclear progress as sanctions loom

Iran announced a nuclear fuel breakthrough and test-fired a new radar-evading medium-range missile in the Gulf on Sunday, moves that could further antagonise the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry. US Pre
Published 02 Jan, 2012 12:00am
Iran reports nuclear progress as sanctions loom

Iran reports nuclear progress as sanctions loom

Iran announced a nuclear fuel breakthrough and test-fired a new radar-evading medium-range missile in the Gulf on Sunday, moves that could further antagonise the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry. US Pre
Published 02 Jan, 2012 12:00am
THE RUPEE: see-saw sessions at closing week of 2011

THE RUPEE: see-saw sessions at closing week of 2011

See-saw sessions were witnessed on the money market during the last week of 2011 and the rupee moved both ways versus dollar. In interbank dealings, the rupee lost 81 paisa in relation to dollar for buying at 89.93 and 82 paisa for selling at 89.96.
Published 02 Jan, 2012 12:00am
THE RUPEE: see-saw sessions at closing week of 2011

THE RUPEE: see-saw sessions at closing week of 2011

See-saw sessions were witnessed on the money market during the last week of 2011 and the rupee moved both ways versus dollar. In interbank dealings, the rupee lost 81 paisa in relation to dollar for buying at 89.93 and 82 paisa for selling at 89.96.
Published 02 Jan, 2012 12:00am
Tapi gas pipeline project: Afghanistan blocks progress

Tapi gas pipeline project: Afghanistan blocks progress

Afghanistan has reportedly blocked further progress on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project, due to differences on pricing of gas, official documents exclusively made available to Business Recorder indicat
Published 02 Jan, 2012 12:00am
Tapi gas pipeline project: Afghanistan blocks progress

Tapi gas pipeline project: Afghanistan blocks progress

Afghanistan has reportedly blocked further progress on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project, due to differences on pricing of gas, official documents exclusively made available to Business Recorder indicat
Published 02 Jan, 2012 12:00am
Tapi gas pipeline project: Afghanistan blocks progress

Tapi gas pipeline project: Afghanistan blocks progress

Afghanistan has reportedly blocked further progress on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project, due to differences on pricing of gas, official documents exclusively made available to Business Recorder indicat
Published 02 Jan, 2012 12:00am
$700 million aid for Pakistan frozen: Obama signs defence bill

$700 million aid for Pakistan frozen: Obama signs defence bill

President Barack Obama signed a wide-ranging defence bill into law Saturday despite having "serious reservations" about provisions that regulate the detention, interrogation and prosecution of suspected terrorists. The measure also freezes some $700 milli
Published 02 Jan, 2012 12:00am
$700 million aid for Pakistan frozen: Obama signs defence bill

$700 million aid for Pakistan frozen: Obama signs defence bill

President Barack Obama signed a wide-ranging defence bill into law Saturday despite having "serious reservations" about provisions that regulate the detention, interrogation and prosecution of suspected terrorists. The measure also freezes some $700 milli
Published 02 Jan, 2012 12:00am
$700 million aid for Pakistan frozen: Obama signs defence bill

$700 million aid for Pakistan frozen: Obama signs defence bill

President Barack Obama signed a wide-ranging defence bill into law Saturday despite having "serious reservations" about provisions that regulate the detention, interrogation and prosecution of suspected terrorists. The measure also freezes some $700 milli
Published 02 Jan, 2012 12:00am
Pakistan and India exchange nuclear sites, prisoners' lists

Pakistan and India exchange nuclear sites, prisoners' lists

Pakistan and India on Sunday exchanged lists of nuclear installations and facilities, under an agreement to prevent the two nuclear neighbouring countries from attacking each other's nuclear sites. The two countries also exchanged lists of prisoners in ea
Published 02 Jan, 2012 12:00am
Pakistan and India exchange nuclear sites, prisoners' lists

Pakistan and India exchange nuclear sites, prisoners' lists

Pakistan and India on Sunday exchanged lists of nuclear installations and facilities, under an agreement to prevent the two nuclear neighbouring countries from attacking each other's nuclear sites. The two countries also exchanged lists of prisoners in ea
Published 02 Jan, 2012 12:00am
India lets foreign individuals invest in stock market

India lets foreign individuals invest in stock market

India will allow individual foreign investors direct access to its stock market from January 15, the government said on Sunday, the latest step to liberalise Asia's third-largest economy after a year of big losses on the benchmark Sensex index.
Published 02 Jan, 2012 12:00am
India lets foreign individuals invest in stock market

India lets foreign individuals invest in stock market

India will allow individual foreign investors direct access to its stock market from January 15, the government said on Sunday, the latest step to liberalise Asia's third-largest economy after a year of big losses on the benchmark Sensex index.
Published 02 Jan, 2012 12:00am
India lets foreign individuals invest in stock market

India lets foreign individuals invest in stock market

India will allow individual foreign investors direct access to its stock market from January 15, the government said on Sunday, the latest step to liberalise Asia''s third-largest economy after a year of big losses on the benchmark Sensex index.
Published 02 Jan, 2012 12:00am
India lets foreign individuals invest in stock market

India lets foreign individuals invest in stock market

India will allow individual foreign investors direct access to its stock market from January 15, the government said on Sunday, the latest step to liberalise Asia''''s third-largest economy after a year of big losses on the benchmark Sensex index.
Published 02 Jan, 2012 12:00am
Euro anniversary: EU leaders warn of tough year ahead

Euro anniversary: EU leaders warn of tough year ahead

European leaders predicted more economic gloom in 2012 amid muted celebrations for the 10th anniversary of the euro single currency, far from the fanfare which heralded its arrival a decade ago. The leaders of euro powerhouses Germany and France led the w
Published 02 Jan, 2012 12:00am