The Philippine stock market closed almost unchanged on Monday, with investors taking profits on some blue chips as they eyed nervously an attempt by the opposition to unify ahead of May 10 national elections.
Leading Hong Kong shares ended nearly flat on Monday as investors waited for further clues on possible US interest rate hikes from Federal Reserve Chairman Alan Greenspan later this week.
Jakarta stocks broke through resistance at 780-points on Monday to end at an eight-week high, driven by positive political developments and gains in cigarette firms and banks in anticipation of strong first quarter results.
Sri Lankan stocks fell on Monday despite gains in rarely traded Ceylon Oxygen Ltd, with investors wary of political uncertainty ahead of the new parliament's opening on Thursday.
Losses in Maybank and Telekom Malaysia led Malaysian shares to a lower finish on Monday as funds stepped up selling on blue chips which have fuelled the index's rise this year.
Singapore shares ended lower on Thursday, led by banks and blue chips such as Venture Corp, as investors stayed cautious ahead of news on the outlook for US interest rates.
South Korean shares ended a shade higher on Monday, with a late spurt of bargain-hunting bolstering shares in Samsung Electronics Co Ltd and helping the market recover from a hefty bout of program-related selling.
A slide in index heavyweight China United Telecommunications Corp pushed China shares to close lower on Monday amid lingering worries over a government-ordered tightening of credit.
Japanese shares fell on Monday as a report that financial authorities had found additional bad loans at UFJ Holdings Inc spurred selling in banks as well as property and steel stocks.
Indian shares shed one percent on Monday, a day before the general election for the national parliament starts, with investors worried about whether or not the next government will speed up market-friendly reforms.
Blue chips and the broad Standard & Poor's 500 index sagged on Monday as investors waited to see whether first-quarter earnings will match their lofty expectations, while technology shares snapped back from a steep four-session sell-off.
Bonds of Britain's largest clothing retailer Marks & Spencer fell in value on Monday on take-over speculation, while in the primary market high-yield issuers dominated the pipeline for another day.
Bonds of Britain's largest clothing retailer Marks & Spencer fell in value on Monday on take-over speculation, while in the primary market high-yield issuers dominated the pipeline for another day.
Britain's leading shares rose on Monday, boosted by gains in retailer Marks & Spencer as hopes for a bid spurred on its recovery following last week's dismal trading statement.
The Bangladeshi taka edged lower on Monday after importers sought the US currency for import of scrap vessels and industrial raw materials, dealers said. The taka was quoted at 58.98/59.15 per US dollar against 58.97/59.10 on Sunday.
The Indian rupee surrendered early gains to end steady on Monday as state-run banks, which usually intervene for the central bank, drained the market of dollars.
The Swiss franc held steady in early Monday trading as the dollar continued to be pressured by weak US economic data that has dampened speculation over a possible US rate rise, as well as security concerns in the Middle East that sparked fresh caution amo
The dollar softened against most major currencies on Monday, taking a breather from its recent rally as investors had second thoughts about whether the United States would raise interest rates in the near term.
Asian currencies were firmer on Monday, with the Korean won leading the pack, after unexpectedly weak US economic data soothed fears of a near-term monetary tightening there and caused the yen and euro to rally.
The Hong Kong dollar held steady on Monday as the US dollar eased against major rivals following recent comments from the Federal Reserve and a tepid batch of US data that tempered expectations of a near-term interest rate rise.
Sterling strengthened across the board on Monday as data showing rising British house and factory output prices reinforced expectations the Bank of England will raise interest rates next month.
The dollar retreated against the euro and higher yielding currencies on Monday as recent comments from Federal Reserve officials and disappointing US data tempered aggressive rate hike expectations.
Mordechai Vanunu, who is to be freed Wednesday after 18 years in prison for blowing the whistle on Israel's nuclear programme, remains unrepentant and does not regard himself as a traitor, according to new footage.
South Africa's second-largest opposition party, the Zulu nationalist Inkatha Freedom Party, said Monday it would challenge in court the outcome of last week's elections, alleging voter fraud.
Britain's Tony Blair is poised to announce plans for a referendum on a European Union constitution - a major change of heart for the prime minister that may heighten pressure on other nations for a similar vote.
Ukraine will hand over more than a hundred pictures to the Netherlands, returning World War Two booty stored in museum cellars in the capital Kiev, President Leonid Kuchma said on Monday.
Iraq's commercial transport network has practically come to a halt because of a deterioration in security and the closure of main roads by US forces, shippers and merchants said on Monday.
Argentine football legend Diego Maradona, who has a history of drug abuse and weight problems, was fighting for his life in critical condition in hospital here Monday after suffering acute heart failure.
Hundreds were arrested as police and protestors clashed violently in Kathmandu again Monday, as the ruling party demanded that the king sack the prime minister to defuse the political crisis in the Himalayan kingdom.
Land mine victims missing limbs or confined to wheelchairs were among hundreds of Afghans who staged a demonstration on Monday calling on the United States and China to stop producing the explosive devices.
Most South Koreans believe last week's parliamentary election signals that impeached President Roh Moo-hyun should be reinstated, but still want the Constitutional Court to rule on the case, an opinion poll said.
The World Court opened hearings on Monday into a case by Serbia and Montenegro challenging the legality of Nato's 1999 air strikes after a Serb crackdown in Kosovo.
Two Bhopal women who have defied social norms, poverty and sickness in a quest to hold Dow Chemical Company accountable for the 1984 Union Carbide disaster that killed more than 20,000 people in India are being honoured here Monday as environmental champi
Reclusive North Korean leader Kim Jong-Il held talks with President Hu Jintao Monday centred on nuclear issues days after the United States cited intelligence that Pyongyang had atomic bombs, reports said.
Democrat John Kerry on Monday voiced unwavering support for special US ties with Israel and vowed to end "sweetheart relationships" with Arab countries like Saudi Arabia that he said funded terror.
At least 130 people were injured when a work train hit the back of a stationary commuter train in a tunnel at New York's Pennsylvania station during the Monday morning rush hour, officials said.
Ten people were arrested Monday as police in central and northern England carried out a series of raids under Britain's main anti-terrorist law, Greater Manchester Police said.
The US government believes it is vulnerable to a terror attack during this year's presidential election, party conventions and national holidays, and has launched a plan to beef up security, Homeland Security Secretary Tom Ridge said.
Thousands of Libyans demonstrated in the capital Monday against recent US military offensives in Iraq, particularly in the Sunni Muslim insurgent bastion of Fallujah.
Russia on Monday handed over to India the Tabar frigate, the third ship Moscow has built for New Delhi's navy under a one-billion-dollar contract, news reports said.
An Israeli plan to pull out of the Gaza Strip could help peace, but only as part of a negotiated settlement leading to a Palestinian state, French President Jacques Chirac said on Monday.
The UN war crimes court ruled Monday that the 1995 Srebrenica massacre was genocide, a historic decision that could determine the fate of others on trial here including former Yugoslav leader Slobodan Milosevic.
Iraqi Shia cleric Moqtada al-Sadr on Monday called for a halt to attacks on Spanish troops in Iraq because Spain was pulling out of the US-led occupying coalition.
US President George W. Bush told Spanish Prime Minister Jose Luis Zapatero on Monday that he regretted Madrid's decision to pull its 1,300 troops from Iraq, said White House spokesman Scott McClellan.
On 4 December 2000 the United Nations General Assembly (UNGA) in its resolution 55/61 decided to commission an ad hoc committee for the negotiation of an international legal instrument to combat corruption effectively.
Corruption has become an issue of increasing global concern, and Pakistan has been playing an active role in international efforts to address the problem. Recently, the United Nations proposed the development of a new global legal instrument against corru
A special Adhoc Committee of United Nations General Assembly was authorised by the UN General Assembly to convene in Vienna and negotiate a international convention against corruption.
The task of accountability is an unenviable one in the best of circumstances. In an environment of endemic corruption it attains nightmarish proportions. Everyday one comes across issues of investigating, arresting and prosecuting individuals.
In the globalising world market, corruption is an even greater problem than before. Much of the worst corruption occurs in international dealings. A lot more occurs when the proceeds of national wrongdoing are transferred across borders.
Anticorruption initiatives were highlighted as a major governance theme with the coming into power of the Government in 1999 and National Accountability Bureau (NAB) was created as a specialised agency solely to eradicate the menace.
I am pleased to learn that an international conference on the UN Convention against Corruption has been organised by the National Accountability Bureau in Islamabad, Pakistan.
The Sensitive Price Indicator (SPI) for the week ended on April 15, for lowest income group up to Rs 3,000 has registered 0.71 percent decrease over previous week.
The Sialkot Dry Port Trust (SDPT) handled 3913 consignments of sports, sports balls, gloves, leather goods, surgical instruments, badges and musical instruments etc weighing 6865 tons worth Rs 3479 million in export sector during March last.
Sindh High Court on Monday repeated notice, after lapse of two years, to Noor Muhammad, a complainant who lodged FIR against ex-senator Asif Ali Zardari and others in Murtaza Bhutto murder case.
Taking serious note of public complaints with regard to corruption, harassment, custodial deaths, misuse of vehicles, abuse of power, and other massive irregularities against Sindh police, Sindh CM's Advisor on home affairs, Aftab Ahmed Shaikh, has consti
For the last one month, work in offices and export-related warehouses located on Talpur Road (between Old Queens Road. and I. I. Chundrigar Road.) has come to almost a virtual stop because of unplanned excavation and digging of the road.
The Jordanian Hospital, a ramshackle collection of white trailers, lies just beyond the eastern exit of Fallujah, the besieged city of bullet-scarred homes and factories.
A high level meeting chaired by President General Pervez Musharraf in Islamabad last week marked the end of the ambitions of the National Reconstruction Bureau (NRB) to reform the police in the direction of a professional, politically neutral, democratica
A member of the Lahore High Court Bar Association (LHCBA) M.D. Tahir has approached the International Court of Justice (ICJ) against injustices being perpetuated on innocent people in Afghanistan, Iraq, Palestine and occupied Kashmir.
The Supreme Court of Pakistan reserved its verdict in a petition filed by the former management of the Mohib Textile Mills, which approached the august court against the confirmation of sale of assets of the mills by the Lahore High Court (LHC).
The president, Karachi Chamber of Commerce and Industry (KCCI), Siraj Kassam Teli, has nominated Muhammad Sultan as member of the law and order, customs and valuations, general sales tax and refund, public sector utilities, and power and gas sub-committee
The Lahore High Court (LHC) has directed the District Police Officer (DPO), Lahore, to take action against Sub-Inspector Mian Najam Tauqir and other police officials for keeping Ijaz Ahmed and his brother Faisal Mustafa in their illegal custody.
The Founders Group at the Lahore Chamber of Commerce and Industry (LCCI) has urged the government to rationalise steel prices at domestic market in line with the emerging international price trend.
The chairman, National Co-ordination Committee for District Public Safety Commissions, Hafiz Ahsaan Ahmed, has urged the government to immediately withdraw amendment to Police Order, 2002, by virtue of which elected members would also be nominated in thes
The government should allow the import of new vehicles at an 'agreed tariff' with the assemblers of vehicles in Pakistan so as to bridge the present demand and supply gap of new cars instead of allowing the import of reconditioned vehicles.
The Punjab government has launched a project at a cost of Rs 899.200 million for training of computer science teachers and setting up of computer laboratories in 990 secondary schools of the province on cost sharing basis with 50 percent assistance of the
Haroon Rashid Vice President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has greatly appreciated the inclusion of Pakistan's leading businessman and prominent industrialist Iftikhar Ali Malik in the world renowned book.
Led by Mian Shafqat Ali, a 12-member delegation of the Lahore Chamber of Commerce and Industry (LCCI) on Monday left here for a 10-day visit to Afghanistan and Tajikistan.
Plans are on the anvil to bring far-flung and remote areas under Railway network so that cheap and safe transport facilities could be provided to people living in these areas.
Of the 27 million children in the primary school age bracket in Pakistan, 13 million are not enrolled in schools, and more than half of them are girls.
Prime Minister Azad Jammu and Kashmir Sardar Sikandar Hayat Khan has regretted that development projects could not provide benefits to deprived class of the state.
The kite-flying especially using metallic wires and chemical string is disturbing the life of the people in the present hot days on account of power supply interruption due to the undesired kite string coming into contact with the live electricity lines.
Central leader of Pakistan Muslim League (PML-N) Muhammad Pervaiz Malik MNA has said that the changes in syllabus to underplay the Muslims, Pakistan's ideology and fundamentals of Islamic values on the recommendations of an unscrupulous foreign aided NGO
Federal Minister for Petroleum & Natural Resources Chaudhry Nauraiz Shakoor has said the federal government is soon to hold a two-day conference in Balochistan in collaboration with the provincial government, to discuss ways and means to improve law and o
Arif Habib, Chairman, Karachi Stock Exchange (KSE), on Monday briefed the delegation from Singapore Ministerial Trade and Investment about the economic reforms carried out by the present government which helped boost the stock market and the country's eco
The All Pakistan Textile Mills Association (Aptma) has proposed that the General Sales Tax (GST) at the rate of 15 percent on ginned cotton should be abolished in view of its adverse affects.
Representatives of SITE Association of Industry have expressed their resentment over unjust and unfair policies of Karachi Electric Supply Corporation (KESC) for their area, adversely affecting their business.
Babar Mirza Chughtai, Chairman, Association of Builders and Developers (Abad) has urged Sindh Governor Dr Ishrat-ul-Ibad to issue instructions to the concerned government departments to solve the problems of builders and developers.
Sindh Governor Dr Ishratul Ibad on Monday inaugurated three-day anti-polio drive in the province by administering polio drops to children at Civil Hospital, Karachi.
Sindh Governor Dr Ishratul Ibad on Monday visited Dow Medical College and ordered improvement in its various departments to bring it at par with international medical colleges.
Senate Chairman Mohammedmian Soomro has asked the banks to break new grounds for investment and focus on projects which can provide more jobs in the country.
Pakistan is to push up its export of non-quota textile products to the US and the European Union (EU) after the quota trade is abolished on January 2005.
