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Archive - 2012-03-12
ISE-10 stays bullish
Markets

ISE-10 stays bullish

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bullish trend as the index was up by 10.58 points
Published 12 Mar, 2012 03:33pm
LSE loses 15.34 points
Markets

LSE loses 15.34 points

LAHORE: Bearish trend prevailed in Lahore Stock Exchange on Monday as it shed 15.34 points, following the LSE-25 index o
Published 12 Mar, 2012 03:26pm
C$ edges lower on China data
Financial

C$ edges lower on China data

TORONTO: The Canadian dollar eased back against its US counterpart on Monday as weak Chinese export data weighed on comm
Published 12 Mar, 2012 01:20pm
RECORDER REPORT: KSE close of day
Top News

RECORDER REPORT: KSE close of day

KARACHI: Upward trend continued on the Karachi share market on Monday on the back of local retail investors, institution
Published 12 Mar, 2012 12:06pm
India bans fresh cotton export
Top News

India bans fresh cotton export

NEW DELHI: India will now prohibit fresh cotton exports and permit only quantities already registered but not shipped, t
Published 12 Mar, 2012 08:40am
Swiss franc flat against euro
Financial

Swiss franc flat against euro

ZURICH: The Swiss franc was steady against the euro on Monday and is seen trading in an ultra-tight range against the si
Published 12 Mar, 2012 07:55am
RECORDER REPORT: KSE mid day update
Top News

RECORDER REPORT: KSE mid day update

KARACHI: On Monday, KSE-100 Index was at 13,502.60 with a positive change of 149.86 and volume of 202,348,866 shares. To
Published 12 Mar, 2012 07:45am
54 senators take oath
Top News

54 senators take oath

KARACHI : 54 newly elected members of Upper House of the Parliament took oath on Monday. Senator Afrasiab Khattak
Published 12 Mar, 2012 06:32am
Clash over Syria emerge at UN council
Top News

Clash over Syria emerge at UN council

UNITED NATIONS: A new diplomatic clash over Syria is looming as foreign ministers from key UN Security Council nations m
Published 12 Mar, 2012 04:42am
Auto numbers: against all odds
BR Research

Auto numbers: against all odds

The demand frenzy seen in passenger car segment during much of 1HFY12 shows no signs of letting up just yet. Contrary to general expectation
Published 12 Mar, 2012 12:00am
The theatrical oil market
BR Research

The theatrical oil market

The heightened oil market irony seems to be getting out of hands. After a considerably steady journey with 15% YoY rise in January CY12, Bre
Published 12 Mar, 2012 12:00am
Chair promising benefit of two hours sleep in 20 minutes

Chair promising benefit of two hours sleep in 20 minutes

With all the frantic deal-making and head-spinning gadgets at the world's top IT fair, it is perhaps no surprise that a chair promising the benefit of two hours sleep in 20 minutes drew big queues.
Published 12 Mar, 2012 12:00am
Waterproof tablets, smart accessories excite top tech fair

Waterproof tablets, smart accessories excite top tech fair

Whether in the bath, the toilet or in the car, you need never be separated for an instant from your beloved tablet computer with a range of innovations showcased at this year's CeBIT tech fair. Tablet computers are undoubtedly all the rage at this year's
Published 12 Mar, 2012 12:00am
Nokia maps fight back against cheap Android phones

Nokia maps fight back against cheap Android phones

Finnish group Nokia aims at revamping its feature phone offering this year and add more and cheaper Windows smartphones to fight back against the fast-rising popularity of Google's massmarket Android phones. "We are addressing this with our planned introd
Published 12 Mar, 2012 12:00am
Abu Dhabi to issue new hotel licenses selectively

Abu Dhabi to issue new hotel licenses selectively

Abu Dhabi has not halted the issuance of new hotel licences in the capital of the United Arab Emirates but will be selective in the number it issues, a tourism official said on Sunday. "We have not completely stopped issuing licences. We still receive app
Published 12 Mar, 2012 12:00am
Saudi inflation at 14-month high on food, housing

Saudi inflation at 14-month high on food, housing

Saudi Arabia's annual inflation rate edged up to a 14-month high of 5.4 percent in February, mainly because of higher food and housing costs, state news agency SPA reported on Sunday. Quoting data from the Central Department of Statistics, the agency said
Published 12 Mar, 2012 12:00am
Norway to cut oil money spending in 2013

Norway to cut oil money spending in 2013

Norway is likely to slash the ratio of oil revenue it uses in the 2013 budget, its finance minister said on Sunday, as prospects for the Norwegian economy outshine Europe's and the country's currency reaches multi-year highs against the euro.
Published 12 Mar, 2012 12:00am
UAE economy grew 3.3 percent, below forcast

UAE economy grew 3.3 percent, below forcast

The United Arab Emirates' economy grew an estimated 3.3 percent in 2011, the economy minister was quoted as saying on Sunday, slower than analysts had expected but still more than double the pace seen in the previous year.
Published 12 Mar, 2012 12:00am
ECB's Coeure sees mild recession, inflation receding

ECB's Coeure sees mild recession, inflation receding

The euro zone will go through a "very mild recession" this year and will rebound to modest growth next, European Central Bank Executive Board member Benoit Coeure was quoted as saying on Sunday.
Published 12 Mar, 2012 12:00am
Greek recovery could come sooner than expected

Greek recovery could come sooner than expected

Greece will see the benefits of a landmark debt swap with private creditors "sooner than expected" if it sticks to planned reforms, a senior bank official who helped steer the deal said Sunday. Greeks "will start seeing the benefits sooner than expected..
Published 12 Mar, 2012 12:00am
Israeli banks boost small-business credit supply

Israeli banks boost small-business credit supply

Israel's Bank Hapoalim and three smaller banks will provide up to 4.25 billion shekels ($1.1 billion) for a government fund that grants credit to small and medium-sized businesses, the Industry and Trade Ministry said on Sunday. Hapoalim, Israel's largest
Published 12 Mar, 2012 12:00am
Tens of thousands of Spaniards protest labour reform

Tens of thousands of Spaniards protest labour reform

Tens of thousands of Spaniards protested on Sunday against a new labour law which hands more power to employers by making it cheaper to fire workers and easier to restrict wage hikes. The demonstrations were the first since unions called a general strike
Published 12 Mar, 2012 12:00am
Spain seeks EU recognition for fiscal efforts

Spain seeks EU recognition for fiscal efforts

Spain hopes Brussels will recognise the country's efforts to bring its budget under control in a Eurogroup meeting on Monday, and not does expect to be penalised for missing a 2012 deficit target.
Published 12 Mar, 2012 12:00am
South Korea's Sang-Hyun Song re-elected ICC president

South Korea's Sang-Hyun Song re-elected ICC president

South Korean judge Sang-Hyun Song has been re-elected as president of the International Criminal Court (ICC) for another three-year term, the court announced on Sunday. Song has been the Hague-based world war crimes court's president since March 2009 and
Published 12 Mar, 2012 12:00am
Thousands rally against nuclear power in Taiwan

Thousands rally against nuclear power in Taiwan

Thousands of protesters took to the streets in Taiwan Sunday calling on the government to shut down the island's nuclear power plants, citing the painful lesson of Japan's 9.0-magnitude earthquake one year ago.
Published 12 Mar, 2012 12:00am
Japan mourns tsunami dead; grapples with aftermath

Japan mourns tsunami dead; grapples with aftermath

With a moment of silence, prayers and anti-nuclear rallies, Japan marked on Sunday one year since an earthquake and tsunami killed thousands and set off a radiation crisis that shattered public trust in atomic power and the nation's leaders.
Published 12 Mar, 2012 12:00am
Swiss voters say no to longer annual holidays

Swiss voters say no to longer annual holidays

Swiss voters rejected a proposal to increase employees' annual minimum paid holiday entitlement to six from four weeks on Sunday after firms warned it might hurt competitiveness and threaten jobs.
Published 12 Mar, 2012 12:00am
German parties fight to sit far away from neo-Nazis

German parties fight to sit far away from neo-Nazis

German parliamentary parties are fighting to sit as far away as possible from three neo-Nazi representatives who are part of the Federal Convention to elect the country's president next weekend, according to the weekly magazine Der Spiegel.
Published 12 Mar, 2012 12:00am
Italian navy on alert in case of fuel spill from stranded tanker

Italian navy on alert in case of fuel spill from stranded tanker

An Italian Navy patrol ship equipped for anti-pollution operations was on standby Sunday to intervene in case any fuel might leak from an empty oil tanker which has ran aground off the island of Sicily. The Navy is "on alert for any eventuality" given the
Published 12 Mar, 2012 12:00am
Pro-European left sweeps Slovak vote, targets rich

Pro-European left sweeps Slovak vote, targets rich

Slovakia's centre-left leader Robert Fico assured Brussels on Sunday that he was a reliable partner after he scored a landslide election victory and prepared to replace a government that collapsed in a row over euro zone bailouts.
Published 12 Mar, 2012 12:00am
CGT: still in search of balance

CGT: still in search of balance

Business Recorder had refrained from proffering any comment on the proposal submitted by the Securities & Exchange Commission of Pakistan (SECP) in relation to some proposed changes in the Capital Gain Tax (CGT) regime until the finalisation of t
Published 12 Mar, 2012 12:00am
A slap for slaps

A slap for slaps

The Election Commission of Pakistan's stiff action against Waheeda Shah, a PPP candidate for bye-election to PS-53, for her errant behaviour is a telling event on the national political landscape, expected to lift the pall of ambiguity about its potential
Published 12 Mar, 2012 12:00am
An austerity drive needed

An austerity drive needed

What would an economist recommend to a heavily indebted country? Go on an austerity drive that seeks to minimize reduction in development expenditure, an expenditure item with the capacity to increase output, create jobs and be politically less costly, ma
Published 12 Mar, 2012 12:00am
Behind the energy crisis

Behind the energy crisis

Exceedingly higher energy requirements and relatively scarce resources is a global challenge, threatening the credibility of governments and eroding the very basis of nation-states, at present. Pakistan is among the many states facing instability in the e
Published 12 Mar, 2012 12:00am
Opportunities for Japanese economy one year after tsunami

Opportunities for Japanese economy one year after tsunami

The Japanese economy is slowly recovering from the triple blow of the March 2011 earthquake, tsunami andd subsequent nuclear disaster The catastrophe offered new opportunities, but old problems yet remain. Japan has also had to cope with seeing neighbouri
Published 12 Mar, 2012 12:00am
By-polls and PTI boycott

By-polls and PTI boycott

According to a section of the press, some politicians have criticized Pakistan Tehreek-e-Insaf for not contesting the recently held by-polls in the country. In order to set the record straight, it is necessary to remove the unfounded doubts and see the th
Published 12 Mar, 2012 12:00am
Performance report of JI senators issued

Performance report of JI senators issued

Senators from Jamaat-e-Islami Pakistan Professor munna Ahmed, Professor Muhammad Ibrahim Khan and Aafia Zia on Sunday issued their performance report during the last four years in the Senate of Pakistan. All the three senators of JI have completed their t
Published 12 Mar, 2012 12:00am
Yasin Malik arrested in IHK

Yasin Malik arrested in IHK

The Indian police arrested the Chairman of Jammu and Kashmir Liberation Front in Indian Occupied Kashmir Mohammad Yasin Malik, while he was going towards Islamabad town to express solidarity with the family of a young boy who was killed after being delibe
Published 12 Mar, 2012 12:00am
Role of media, judiciary praised

Role of media, judiciary praised

Senators of Jamaat-e-Islami (JI) said on Sunday that intelligence agencies of the country, ISI, Intelligence Bureau, and National Accountability Bureau (NAB) as well as foreign forces have been involved in political manouvering.
Published 12 Mar, 2012 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 05 to March 09 2012).

Published 12 Mar, 2012 12:00am
The Weather

The Weather

The weather report on Sunday (March 11, 2012) and the forecast for Monday (March 12, 2012).

Published 12 Mar, 2012 12:00am
Suicide blast at funeral kills 15

Suicide blast at funeral kills 15

At least fifteen people were killed and more than thirty injured in a suicide attack on funeral prayer in Badabir, a suburban locality of the provincial metropolis of Khyber Pakhtunkhwa on Sunday. According to the police and eye-witnesses, the explosion o
Published 12 Mar, 2012 12:00am
Suicide blast at funeral kills 15

Suicide blast at funeral kills 15

At least fifteen people were killed and more than thirty injured in a suicide attack on funeral prayer in Badabir, a suburban locality of the provincial metropolis of Khyber Pakhtunkhwa on Sunday. According to the police and eye-witnesses, the explosion o
Published 12 Mar, 2012 12:00am
Senate to elect new Chairman, Deputy Chairman today

Senate to elect new Chairman, Deputy Chairman today

The Senate will meet today (Monday) to elect new Chairman and Deputy Chairman after administering oath to 54 new Senators-elect. The ruling coalition has nominated Senator Nayyar Hussain Bokhari and Senator Sabir Baloch for the slot of Chairman and Deputy
Published 12 Mar, 2012 12:00am
Senate to elect new Chairman, Deputy Chairman today

Senate to elect new Chairman, Deputy Chairman today

The Senate will meet today (Monday) to elect new Chairman and Deputy Chairman after administering oath to 54 new Senators-elect. The ruling coalition has nominated Senator Nayyar Hussain Bokhari and Senator Sabir Baloch for the slot of Chairman and Deputy
Published 12 Mar, 2012 12:00am
THE RUPEE: firmness prevails

THE RUPEE: firmness prevails

A bullish sentiment was witnessed on the currency market as the rupee managed to recover modestly versus dollar during the week, ended on Friday (10-3-2012). In the interbank dealings the rupee appreciated by 13 paisa in terms of dollar for buying and sel
Published 12 Mar, 2012 12:00am
THE RUPEE: firmness prevails

THE RUPEE: firmness prevails

A bullish sentiment was witnessed on the currency market as the rupee managed to recover modestly versus dollar during the week, ended on Friday (10-3-2012). In the interbank dealings the rupee appreciated by 13 paisa in terms of dollar for buying and sel
Published 12 Mar, 2012 12:00am
Rogue US soldier kills 16 in Afghan rampage

Rogue US soldier kills 16 in Afghan rampage

Sixteen Afghans including women and children were killed in their homes by a rogue US soldier in a pre-dawn rampage Sunday, plunging relations between the two countries into a new crisis. Afghan President Hamid Karzai condemned the slaughter as "unforgiva
Published 12 Mar, 2012 12:00am
Rogue US soldier kills 16 in Afghan rampage

Rogue US soldier kills 16 in Afghan rampage

Sixteen Afghans including women and children were killed in their homes by a rogue US soldier in a pre-dawn rampage Sunday, plunging relations between the two countries into a new crisis. Afghan President Hamid Karzai condemned the slaughter as "unforgiva
Published 12 Mar, 2012 12:00am
Allowing capacity payment to IPPs: MoW&P, MoP lock horns over ECC move

Allowing capacity payment to IPPs: MoW&P, MoP lock horns over ECC move

Ministry of Water and Power and Ministry of Petroleum have reportedly locked horns over the unwise decision of the ECC allowing Independent Power Producers (IPPs) to claim capacity payment because of force majeure, well informed sources in PPIB told Bu
Published 12 Mar, 2012 12:00am
Allowing capacity payment to IPPs: MoW&P, MoP lock horns over ECC move

Allowing capacity payment to IPPs: MoW&P, MoP lock horns over ECC move

Ministry of Water and Power and Ministry of Petroleum have reportedly locked horns over the unwise decision of the ECC allowing Independent Power Producers (IPPs) to claim capacity payment because of force majeure, well informed sources in PPIB told Bu
Published 12 Mar, 2012 12:00am
Iran tells West to drop 'bullying' tone

Iran tells West to drop 'bullying' tone

Iranian President Mahmoud Ahmadinejad said on Sunday that the West should drop its "bullying" stance against his country and insisted that sanctions imposed over its nuclear programme were having no more than a "psychological" effect. "As God is my witnes
Published 12 Mar, 2012 12:00am
Iran tells West to drop 'bullying' tone

Iran tells West to drop 'bullying' tone

Iranian President Mahmoud Ahmadinejad said on Sunday that the West should drop its "bullying" stance against his country and insisted that sanctions imposed over its nuclear programme were having no more than a "psychological" effect. "As God is my witnes
Published 12 Mar, 2012 12:00am
Istanbul's Mayor arrives

Istanbul's Mayor arrives

Mayor of Istanbul Dr Kadir Topbas was accorded a warm welcome on his arrival here on Sunday on a two-day official visit. Punjab Chief Minister Shahbaz Sharif, members of the provincial cabinet, members of national and provincial assemblies, senators, seni
Published 12 Mar, 2012 12:00am
Istanbul's Mayor arrives

Istanbul's Mayor arrives

Mayor of Istanbul Dr Kadir Topbas was accorded a warm welcome on his arrival here on Sunday on a two-day official visit. Punjab Chief Minister Shahbaz Sharif, members of the provincial cabinet, members of national and provincial assemblies, senators, seni
Published 12 Mar, 2012 12:00am
Index up 263.77 points

Index up 263.77 points

A bullish trend continued on the Karachi share market during the outgoing week ended March 09, 2012 on the back of both local and foreign investors support. The benchmark KSE-100 index increased by 263.77 points, up 2.0 percent on week-on-week basis and c
Published 12 Mar, 2012 12:00am
Index up 263.77 points

Index up 263.77 points

A bullish trend continued on the Karachi share market during the outgoing week ended March 09, 2012 on the back of both local and foreign investors support. The benchmark KSE-100 index increased by 263.77 points, up 2.0 percent on week-on-week basis and c
Published 12 Mar, 2012 12:00am
Index up 263.77 points

Index up 263.77 points

A bullish trend continued on the Karachi share market during the outgoing week ended March 09, 2012 on the back of both local and foreign investors support. The benchmark KSE-100 index increased by 263.77 points, up 2.0 percent on week-on-week basis and c
Published 12 Mar, 2012 12:00am
Futures open interest up by 4.8 percent

Futures open interest up by 4.8 percent

The total market open interest position at the futures counter during the week increased by Rs 111 million, up 4.8 percent on week-on-week basis to stand at Rs 2.42 billion. The futures spreads, on the other hand, declined by 21bps on week-on-week basis t
Published 12 Mar, 2012 12:00am
Futures open interest up by 4.8 percent

Futures open interest up by 4.8 percent

The total market open interest position at the futures counter during the week increased by Rs 111 million, up 4.8 percent on week-on-week basis to stand at Rs 2.42 billion. The futures spreads, on the other hand, declined by 21bps on week-on-week basis t
Published 12 Mar, 2012 12:00am
Futures open interest up by 4.8 percent

Futures open interest up by 4.8 percent

The total market open interest position at the futures counter during the week increased by Rs 111 million, up 4.8 percent on week-on-week basis to stand at Rs 2.42 billion. The futures spreads, on the other hand, declined by 21bps on week-on-week basis t
Published 12 Mar, 2012 12:00am
Futures open interest up by 4.8 percent

Futures open interest up by 4.8 percent

The total market open interest position at the futures counter during the week increased by Rs 111 million, up 4.8 percent on week-on-week basis to stand at Rs 2.42 billion. The futures spreads, on the other hand, declined by 21bps on week-on-week basis t
Published 12 Mar, 2012 12:00am
India reverses cotton export ban

India reverses cotton export ban

India on Sunday reversed its ban on cotton exports in a swift U-turn just six days after the policy announcement was greeted with outrage from farmers. The government of India, the world's second-largest producer of cotton, unexpectedly banned all exports
Published 12 Mar, 2012 12:00am
India reverses cotton export ban

India reverses cotton export ban

India on Sunday reversed its ban on cotton exports in a swift U-turn just six days after the policy announcement was greeted with outrage from farmers. The government of India, the world's second-largest producer of cotton, unexpectedly banned all exports
Published 12 Mar, 2012 12:00am
India reverses cotton export ban

India reverses cotton export ban

India on Sunday reversed its ban on cotton exports in a swift U-turn just six days after the policy announcement was greeted with outrage from farmers. The government of India, the world''s second-largest producer of cotton, unexpectedly banned all export
Published 12 Mar, 2012 12:00am
Crisis pushes FX trades into settlement system: BIS

Crisis pushes FX trades into settlement system: BIS

Foreign exchange volumes through settlement system CLS Bank have risen more than a quarter since the onset of the financial crisis, partly due to increased concerns about interbank FX settlement risk, the Bank for International Settlements said in its qua
Published 12 Mar, 2012 12:00am
Budget to be presented in May: Khursheed

Budget to be presented in May: Khursheed

The federal budget would be presented in the month of May. This was stated by the Federal Minister for Religious Affairs, Syed Khursheed Ahmed Shah. He was talking to reporters after addressing a conference at a local hotel on Sunday.
Published 12 Mar, 2012 12:00am
Budget to be presented in May: Khursheed

Budget to be presented in May: Khursheed

The federal budget would be presented in the month of May. This was stated by the Federal Minister for Religious Affairs, Syed Khursheed Ahmed Shah. He was talking to reporters after addressing a conference at a local hotel on Sunday.
Published 12 Mar, 2012 12:00am
Budget to be presented in May: Khursheed

Budget to be presented in May: Khursheed

The federal budget would be presented in the month of May. This was stated by the Federal Minister for Religious Affairs, Syed Khursheed Ahmed Shah. He was talking to reporters after addressing a conference at a local hotel on Sunday.
Published 12 Mar, 2012 12:00am
Bollywood actress linked to new fixing allegations

Bollywood actress linked to new fixing allegations

The International Cricket Council (ICC) is to investigate allegations that Indian bookmakers, with the help of a Bollywood actress, have been fixing the results of English County Championship matches and international games, the Sunday Times reported.
Published 12 Mar, 2012 12:00am
Bollywood actress linked to new fixing allegations

Bollywood actress linked to new fixing allegations

The International Cricket Council (ICC) is to investigate allegations that Indian bookmakers, with the help of a Bollywood actress, have been fixing the results of English County Championship matches and international games, the Sunday Times reported.
Published 12 Mar, 2012 12:00am
Jordanian parliamentarians resign over government corruption

Jordanian parliamentarians resign over government corruption

Twelve members of the Jordanian parliament resigned on Sunday in protest at a decision by parliament not to refer senior officials, including a former prime minister, for judicial investigation into corruption.
Published 12 Mar, 2012 12:00am
Jordanian parliamentarians resign over government corruption

Jordanian parliamentarians resign over government corruption

Twelve members of the Jordanian parliament resigned on Sunday in protest at a decision by parliament not to refer senior officials, including a former prime minister, for judicial investigation into corruption.
Published 12 Mar, 2012 12:00am
Drone strikes in Pakistan: UK's Hague faces suit

Drone strikes in Pakistan: UK's Hague faces suit

Lawyers for the family of a man killed in a US drone attack in Pakistan said they would begin legal action against Britain's Foreign Secretary William Hague on Monday, accusing him of complicity in strikes they say broke international laws.
Published 12 Mar, 2012 12:00am
Drone strikes in Pakistan: UK's Hague faces suit

Drone strikes in Pakistan: UK's Hague faces suit

Lawyers for the family of a man killed in a US drone attack in Pakistan said they would begin legal action against Britain's Foreign Secretary William Hague on Monday, accusing him of complicity in strikes they say broke international laws.
Published 12 Mar, 2012 12:00am
9/11 mastermind set to face US military court

9/11 mastermind set to face US military court

Nine years after his arrest in Pakistan, self-proclaimed 9/11 mastermind Khaled Sheikh Mohammed could soon be back in court for the much-awaited "trial of the century." After years of delays, a significant step took place last week when a former aide to M
Published 12 Mar, 2012 12:00am
9/11 mastermind set to face US military court

9/11 mastermind set to face US military court

Nine years after his arrest in Pakistan, self-proclaimed 9/11 mastermind Khaled Sheikh Mohammed could soon be back in court for the much-awaited "trial of the century." After years of delays, a significant step took place last week when a former aide to M
Published 12 Mar, 2012 12:00am
Water crunch looms without action on waste: UN report

Water crunch looms without action on waste: UN report

Water problems in many parts of the world are chronic and without a crackdown on waste will worsen as demand for food rises and climate change intensifies, the UN warned on Sunday. Issued on the eve of a six-day gathering on world water issues, the United
Published 12 Mar, 2012 12:00am
Water crunch looms without action on waste: UN report

Water crunch looms without action on waste: UN report

Water problems in many parts of the world are chronic and without a crackdown on waste will worsen as demand for food rises and climate change intensifies, the UN warned on Sunday. Issued on the eve of a six-day gathering on world water issues, the United
Published 12 Mar, 2012 12:00am
Hafeez, Gul star as Pakistan beat Bangladesh

Hafeez, Gul star as Pakistan beat Bangladesh

Mohammad Hafeez and Umar Gul put in impressive all-round performances as Pakistan posted an exciting 21-run victory over Bangladesh in the opening match of the Asia Cup tournament on Sunday. Opener Hafeez top-scored with a solid 89 and then grabbed two wi
Published 12 Mar, 2012 12:00am
Hafeez, Gul star as Pakistan beat Bangladesh

Hafeez, Gul star as Pakistan beat Bangladesh

Mohammad Hafeez and Umar Gul put in impressive all-round performances as Pakistan posted an exciting 21-run victory over Bangladesh in the opening match of the Asia Cup tournament on Sunday. Opener Hafeez top-scored with a solid 89 and then grabbed two wi
Published 12 Mar, 2012 12:00am
Europe visa-free zone: Sarkozy threatens to pull France

Europe visa-free zone: Sarkozy threatens to pull France

President Nicolas Sarkozy threatened in a key re-election campaign rally Sunday to pull France out of Europe's 25-nation visa free zone unless the EU toughens its immigration policy. Sarkozy, who this week said France had too many foreigners, made the thr
Published 12 Mar, 2012 12:00am
Europe visa-free zone: Sarkozy threatens to pull France

Europe visa-free zone: Sarkozy threatens to pull France

President Nicolas Sarkozy threatened in a key re-election campaign rally Sunday to pull France out of Europe's 25-nation visa free zone unless the EU toughens its immigration policy. Sarkozy, who this week said France had too many foreigners, made the thr
Published 12 Mar, 2012 12:00am
Greek bailout: Eurozone finance ministers to meet today

Greek bailout: Eurozone finance ministers to meet today

Eurozone finance ministers meet Monday in Brussels to give their final approval to the second Greek bailout and discuss tightening measures to prevent a repetition of the crisis. The ministers are expected to sign off on the 130 billion euro ($171 billion
Published 12 Mar, 2012 12:00am
Greek bailout: Eurozone finance ministers to meet today

Greek bailout: Eurozone finance ministers to meet today

Eurozone finance ministers meet Monday in Brussels to give their final approval to the second Greek bailout and discuss tightening measures to prevent a repetition of the crisis. The ministers are expected to sign off on the 130 billion euro ($171 billion
Published 12 Mar, 2012 12:00am
Greek bailout: Eurozone finance ministers to meet today

Greek bailout: Eurozone finance ministers to meet today

Eurozone finance ministers meet Monday in Brussels to give their final approval to the second Greek bailout and discuss tightening measures to prevent a repetition of the crisis. The ministers are expected to sign off on the 130 billion euro ($171 billion
Published 12 Mar, 2012 12:00am
12-hour day and 12-hour night

12-hour day and 12-hour night

Day and night time will be equal in Pakistan with 12 hours night and 12 hours day on Monday, as sunset on March 12 would be at 18:10 PST and sun rise on 13 March at 06:14 PST, Met office said here on Sunday. It said minimum temperature in Lahore on Sunday
Published 12 Mar, 2012 12:00am
12-hour day and 12-hour night

12-hour day and 12-hour night

Day and night time will be equal in Pakistan with 12 hours night and 12 hours day on Monday, as sunset on March 12 would be at 18:10 PST and sun rise on 13 March at 06:14 PST, Met office said here on Sunday. It said minimum temperature in Lahore on Sunday
Published 12 Mar, 2012 12:00am
Nepal emerging as a major drug trafficking point

Nepal emerging as a major drug trafficking point

Nepal is fast becoming "a major transit point" for illegal drugs trade, officials said Sunday. Police said weak security at the country's only international airport was the cause, the Kathmandu Post reported.
Published 12 Mar, 2012 12:00am
Nepal emerging as a major drug trafficking point

Nepal emerging as a major drug trafficking point

Nepal is fast becoming "a major transit point" for illegal drugs trade, officials said Sunday. Police said weak security at the country's only international airport was the cause, the Kathmandu Post reported.
Published 12 Mar, 2012 12:00am
Negative list: Prgmea concerned over abolishment

Negative list: Prgmea concerned over abolishment

Exporters-cum-manufacturers of value-added textile sector are worried about the abolishment of negative list of Indian products and unchecked cotton and yarn export would deprive the country of the 'handful' remaining foreign orders for garments. Talking
Published 12 Mar, 2012 12:00am
National Assembly passes 95 bills, 91 ordinances in four years

National Assembly passes 95 bills, 91 ordinances in four years

The National Assembly has passed a total of 95 bills, 50 resolutions and 91 ordinances during its four Parliamentary years. President Asif Ali Zardari has given assent to 61 bills in four years, which have become Acts.
Published 12 Mar, 2012 12:00am
Turkish media team spends busy day in Lahore

Turkish media team spends busy day in Lahore

A delegation of electronic and print media of Turkey accompanied the Mayor of Istanbul Dr Kadir Topbas visited various places of the provincial metropolis. They witnessed special exhibition on Turkey arranged by Punjab Information and Culture Department i
Published 12 Mar, 2012 12:00am
'Government's agenda is aimed at protecting corrupt people'

'Government's agenda is aimed at protecting corrupt people'

Chairman, Pakistan Tehreek-e-Insaf (PTI), Imran Khan, has said that the government's agenda is to protect corrupt people instead of providing relief to the people. Addressing a news conference here on Sunday at the conclusion of daylong meeting of his par
Published 12 Mar, 2012 12:00am
KESC, industrial bodies: Shazia for improved contacts

KESC, industrial bodies: Shazia for improved contacts

The Sindh Minister for information and Electric Power, Ms. Shazia Marri, stressed that there should be increased contacts between the industrialists' bodies and the Karachi Electric Supply Company (KESC). She was chairing a meeting of the industrialists a
Published 12 Mar, 2012 12:00am
Burnt girls' college awaits assistance for rehabilitation

Burnt girls' college awaits assistance for rehabilitation

A girls' degree college in Chitral, which was brunt into ashes by saboteurs over a year ago, is still waiting for the assistance pledged by Chief Minister Khyber-Pakhtunkhwa Ameer Haider Khan Hoti for the rehabilitation and reconstruction of the institute
Published 12 Mar, 2012 12:00am
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