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Print - 2004-07-16
Judge approves Enron reorganisation plan

Judge approves Enron reorganisation plan

A federal judge on Thursday approved Enron Corp's plan to reorganise its debts, paving the way for the failed energy trading giant to emerge from bankruptcy protection before the end of this year.
Published 16 Jul, 2004 12:00am
Bangladesh faces shock when textile quotas end: IMF

Bangladesh faces shock when textile quotas end: IMF

Bangladesh is likely to suffer a sharp drop in growth, exports and employment when remaining export quotas on its all-important textile industry are scrapped at the end of this year, the International Monetary Fund says.
Published 16 Jul, 2004 12:00am
Army recruitment on July 29

Army recruitment on July 29

Recruitment in Pakistan Army will be carried out at Taluka Council Nawabshah on July 29 by the Selection and Recruitment officer, Hyderabad, Major Syed Azhar Hussain Shah, an announcement said here on Thursday.
Published 16 Jul, 2004 12:00am
Khodorkovsky led criminal gang, Russia court told

Khodorkovsky led criminal gang, Russia court told

Russian state prosecutors, opening their case against oil magnate Mikhail Khodorkovsky, accused him on Thursday of leading a criminal group that plotted to acquire shares in privatised companies fraudulently.
Published 16 Jul, 2004 12:00am
Transfers and postings in NWFP

Transfers and postings in NWFP

The NWFP government on Thursday ordered the postings/transfers of the following officers of Schools and Literacy Department in the public interest with immediate effect.
Published 16 Jul, 2004 12:00am
Sony Ericsson reports strong second-quarter profit results

Sony Ericsson reports strong second-quarter profit results

Mobile phone maker Sony Ericsson reported stronger than expected second-quarter sales and profit on Thursday and gave an upbeat forecast, drawing a contrast with bigger rival Nokia whose bleak outlook shook the market.
Published 16 Jul, 2004 12:00am
Afghan foreign minister terms talks result-oriented

Afghan foreign minister terms talks result-oriented

Afghan Foreign Minister Dr Abdullah Abdullah has termed his talks with Pakistani leadership as positive and result-oriented. In an interview with Voice of America, he said his talks with Prime Minister Chaudhry Shujaat Hussain, Foreign Minister Khurshid M
Published 16 Jul, 2004 12:00am
Sony Ericsson reports strong second-quarter profit results

Sony Ericsson reports strong second-quarter profit results

Mobile phone maker Sony Ericsson reported stronger than expected second-quarter sales and profit on Thursday and gave an upbeat forecast, drawing a contrast with bigger rival Nokia whose bleak outlook shook the market.
Published 16 Jul, 2004 12:00am
PML and allied parties' meeting on July 16

PML and allied parties' meeting on July 16

The meeting of Parliamentary Party of Pakistan Muslim League (PML) and its allied parties would be held in the Committee Room No 2, Parliament House at 4,00 pm here on Friday.
Published 16 Jul, 2004 12:00am
Over 60,000 workers of German carmaker down tools

Over 60,000 workers of German carmaker down tools

More than 60,000 employees of German-US car giant DaimlerChrysler downed tools around the country on Thursday in a concerted day of action to protest against management's cost-cutting plans, unions said.
Published 16 Jul, 2004 12:00am
Duty-free import of rough gemstones hailed

Duty-free import of rough gemstones hailed

All Pakistan Commercial Exporters Association (Apcea) Chairman Jamal-ul-Hasnian has hailed the duty-free import of rough gemstones, saying the decision would go a long way in the promotion of the export of the country.
Published 16 Jul, 2004 12:00am
Singapore shares drop

Singapore shares drop

Singapore's key share index ended a touch lower on Thursday, weighed down by a US broker's downgrade of Chartered Semiconductor, one of the worlds largest supplier of custom-built microchips.
Published 16 Jul, 2004 12:00am
Old vessels's entry banned at Port Qasim

Old vessels's entry banned at Port Qasim

The Port Qasim Authority (PQA) has banned entry of vessels more than 20 years old into the Port limits from January 1, 2005. The decision was taken following the Tasman Spirit incident and socio-economic losses from the oil spill.
Published 16 Jul, 2004 12:00am
Indian shares close higher

Indian shares close higher

Software shares led India's benchmark index higher on Thursday as investors bet an erratic monsoon would not hurt the sector's strong earnings growth.
Published 16 Jul, 2004 12:00am
National Assembly may witness stormy session on July 16

National Assembly may witness stormy session on July 16

The National Assembly is expected to witness stormy proceedings, as it meets on Friday afternoon. The government has a long list of legislative business to be taken up during the session, likely to continue for about a fortnight, including tabling of the
Published 16 Jul, 2004 12:00am
Jakarta shares jump

Jakarta shares jump

Jakarta stocks closed in positive territory on Thursday, rebounding from losses the previous session partly sparked by explosions in the West Java city of Bandung, analysts said.
Published 16 Jul, 2004 12:00am
Malaysian shares plunge, blue chips, MISC hit

Malaysian shares plunge, blue chips, MISC hit

Malaysian shares fell a second day on Thursday, dented by profit-taking and as key units of national oil firm, Petronas, continued a slide after the death of the company's chairman.
Published 16 Jul, 2004 12:00am
Doctor brothers acquitted

Doctor brothers acquitted

Syed Aley Maqbool Rizvi, Incharge Judge of Anti-Terrorism Court for Karachi Division on Thursday exonerated Dr Arshad Waheed and Akmal Waheed from charges of complicity in attack on the Corps Commander motorcade and Rangers firing case.
Published 16 Jul, 2004 12:00am
Profit-taking pulls Manila stocks to three-week low

Profit-taking pulls Manila stocks to three-week low

Philippine shares ended at a 3-week low on Thursday, hit by profit-taking on the back of a lack of direction in US and regional markets and renewed worries over rising oil prices.
Published 16 Jul, 2004 12:00am
National Assembly panel resents delay in uplift schemes

National Assembly panel resents delay in uplift schemes

The National Assembly Standing Committee on Local Government and Rural Development took serious note of delay in execution and implementation of development schemes proposed by the parliamentarians.
Published 16 Jul, 2004 12:00am
Hong Kong stocks end flat, petrochemical plays star

Hong Kong stocks end flat, petrochemical plays star

Hong Kong stocks ended flat on Thursday in thin trade but China plays outperformed the broader market, led by petrochemical shares after heavyweight Sinopec Corp made a rosy profit forecast.
Published 16 Jul, 2004 12:00am
Thai stocks tumble on bird flu, oil prices

Thai stocks tumble on bird flu, oil prices

Thai stocks fell almost one percent on Thursday as concerns about new bird flu outbreaks and firming oil prices prompted investors to cash out to reduce risks, analysts said.
Published 16 Jul, 2004 12:00am
'CBR for registration of big retailers under tax net'

'CBR for registration of big retailers under tax net'

Collector Sales Tax Lahore, Muhammad Ashraf Khan, has said that there are as many as 21,969 enrolled manufacturers and retailers who would be de-registered from Sales Tax in Lahore region out of total 40,000 liable to be de-registered all over the country
Published 16 Jul, 2004 12:00am
Sri Lankan stocks up

Sri Lankan stocks up

Sri Lankan stocks ended higher on Thursday as upbeat corporate earnings increased investor interest in blue chips and plantation stocks, but local activity was light, with the market driven by foreign trades.
Published 16 Jul, 2004 12:00am
Corporatisation of EAC and NPO to benefit industrial sector: Jatoi

Corporatisation of EAC and NPO to benefit industrial sector: Jatoi

Minister for Industries and Production Liaquat Ali Jatoi has approved the corporatisation of Expert Advisory Cell (EAC) and National Productivity Organisation (NPO) with a view to making them more independent and effective organisations to benefit the ind
Published 16 Jul, 2004 12:00am
US Treasury prices slip

US Treasury prices slip

US Treasury prices crawled lower on Wednesday after retail sales figures proved broadly in line with the market's more pessimistic forecasts and traders went back to their usual business of worrying about inflation.
Published 16 Jul, 2004 12:00am
Pakistan offers PTA to Mauritius

Pakistan offers PTA to Mauritius

Pakistan offered Preferential Trade Arrangement to Mauritius in order to enhance bilateral trade between the two countries. Commerce Minister Humayun Akhtar Khan stated this during his meeting with the Mauritius Minister of Commerce Premdut Koonjoo who ex
Published 16 Jul, 2004 12:00am
US Treasury prices slip

US Treasury prices slip

US Treasury prices crawled lower on Wednesday after retail sales figures proved broadly in line with the market's more pessimistic forecasts and traders went back to their usual business of worrying about inflation.
Published 16 Jul, 2004 12:00am
Economy shows weak posture, says Bengali

Economy shows weak posture, says Bengali

The national economy seems to be weak as income distribution is in favour of the rich, unemployment and non-core inflation is on the increase and data on revenue receipts and expenditure raise questions of transparency.
Published 16 Jul, 2004 12:00am
Blue chips lead Nikkei firmer at close

Blue chips lead Nikkei firmer at close

Tokyo's Nikkei average ended higher on Thursday as bargain hunters returned to blue chips such as Toyota Motor Corp in late trade, but concern over the technology sector outlook hit several tech shares.
Published 16 Jul, 2004 12:00am
Evian oils concessionary import limit reduced

Evian oils concessionary import limit reduced

The Central Board of Revenue (CBR) has reduced the quantity of crude palm oil to be imported by M/s Evian Oils Ltd from 220,000 MT to 35,007 MT per fiscal.
Published 16 Jul, 2004 12:00am
US stocks finish down as Intel gloom shakes techs

US stocks finish down as Intel gloom shakes techs

US stocks slid on Wednesday, led by a steep sell-off in the semiconductor sector, after a disappointing forecast from tech bellwether Intel Corp fanned investors' worries about the outlook for corporate profits.
Published 16 Jul, 2004 12:00am
Evian oils concessionary import limit reduced

Evian oils concessionary import limit reduced

The Central Board of Revenue (CBR) has reduced the quantity of crude palm oil to be imported by M/s Evian Oils Ltd from 220,000 MT to 35,007 MT per fiscal.
Published 16 Jul, 2004 12:00am
Bangladeshi taka falls for fifth day

Bangladeshi taka falls for fifth day

The Bangladesh taka dropped for a fifth straight day on Thursday as banks bought dollars for import related payments ahead of local Friday weekend, dealers said.
Published 16 Jul, 2004 12:00am
Evian oils concessionary import limit reduced

Evian oils concessionary import limit reduced

The Central Board of Revenue (CBR) has reduced the quantity of crude palm oil to be imported by M/s Evian Oils Ltd from 220,000 MT to 35,007 MT per fiscal.
Published 16 Jul, 2004 12:00am
Chinese yuan ends flat

Chinese yuan ends flat

The yuan ended flat versus the US dollar at 8.2767 on Thursday near the stronger end of its trading range.
Published 16 Jul, 2004 12:00am
Javedan Cement raises prices

Javedan Cement raises prices

Javedan Cement has announced increase in the cement prices, which would be applicable from 14th of this month. The decision was taken in a meeting held in Karachi.
Published 16 Jul, 2004 12:00am
Swiss franc eases verses dollar, euro ahead of US data

Swiss franc eases verses dollar, euro ahead of US data

The Swiss franc fell against the greenback in early trade on Thursday ahead of key US inflation data later this session and on Friday that will provide more clues about the timing and size of expected US interest rates rises.
Published 16 Jul, 2004 12:00am
Customs launches online GDs filing facility

Customs launches online GDs filing facility

The Collectorate of Customs (Preventive) has launched the facility of online filing of Goods Declarations (GDs) on 24-hours basis. Earlier, the oil importing companies in particular and other importers in general were filing their GDs through Internet or
Published 16 Jul, 2004 12:00am
Dollar inches up against major currencies

Dollar inches up against major currencies

The dollar edged up against other major currencies on Thursday but movements were limited as traders waited for US producer price data for more hints about the direction of US interest rates.
Published 16 Jul, 2004 12:00am
Finance-Estate Office row perturbs government employees

Finance-Estate Office row perturbs government employees

The Ministry of Finance has turned down a request of the Estate Office for the payment of six months dues of the last financial year that is to be paid to the owners of the rented houses on behalf of government employees.
Published 16 Jul, 2004 12:00am
Dollar falters verses euro, eyes US inflation data

Dollar falters verses euro, eyes US inflation data

The dollar slipped against the euro on Wednesday after US retail sales data showed consumer spending slowing, which analysts said would keep the Federal Reserve on a path of gradual interest rate hikes.
Published 16 Jul, 2004 12:00am
Sabit Qadam continues

Sabit Qadam continues

Army War Games Sabit Qadam III continued on the second day, says an ISPR press release here on Thursday.
Published 16 Jul, 2004 12:00am
Australian dollar slips

Australian dollar slips

The Australian dollar slipped late in the day after the central bank said recent data suggested house prices fell further in the June quarter, dampening speculation of the need for higher cash rates.
Published 16 Jul, 2004 12:00am
Dr Ishrat defends banks' privatisation policy

Dr Ishrat defends banks' privatisation policy

Governor State Bank of Pakistan Dr Ishrat Husain on Thursday defended the government's policy of privatising commercial banks saying it is aimed at reducing losses caused by the mismanagement in the banking sector.
Published 16 Jul, 2004 12:00am
Asian currencies cede ground

Asian currencies cede ground

The Korean won fell to its lowest in a month on Thursday, undermined by foreign portfolio outflows and the fear of dollar-buying intervention, while other Asian currencies also ceded ground ahead of US inflation data.
Published 16 Jul, 2004 12:00am
PSIC announces relief package for defaulters

PSIC announces relief package for defaulters

Following the directions of Punjab Industries, Commerce and Investment Minister Muhammad Ajmal Cheema, Punjab Small Industries Corporation (PSIC) has announced a 'special relief package' for the benefit of defaulters of industrial plots throughout the pro
Published 16 Jul, 2004 12:00am
Hong Kong dollar remains weak

Hong Kong dollar remains weak

The Hong Kong dollar remained near the bottom of its recent range on Thursday afternoon as players continued to buy US currency due to the wider differential in Hong Kong and US interest rates.
Published 16 Jul, 2004 12:00am
Contempt of Court Ordinance re-promulgated

Contempt of Court Ordinance re-promulgated

The President on Thursday re-promulgated the Contempt of Court Ordinance 2004 to regulate the exercise of the powers of courts to punish for contempt of court.
Published 16 Jul, 2004 12:00am
Village blast kills 16 in China

Village blast kills 16 in China

A powerful blast in a village in China's northern province of Shanxi has killed at least 16 people and flattened 12 houses, Xinhua news agency reported on Thursday.
Published 16 Jul, 2004 12:00am
Contempt of Court Ordinance re-promulgated

Contempt of Court Ordinance re-promulgated

The President on Thursday re-promulgated the Contempt of Court Ordinance 2004 to regulate the exercise of the powers of courts to punish for contempt of court.
Published 16 Jul, 2004 12:00am
Cambodian parliament ratifies new government

Cambodian parliament ratifies new government

Nearly a year after Cambodia's inconclusive general election, the National Assembly ratified a new government on Thursday, with long-serving Prime Minister Hun Sen sworn in for another five-year term.
Published 16 Jul, 2004 12:00am
CBR to issue notices to non-filers

CBR to issue notices to non-filers

The Central Board of Revenue (CBR) has decided to issue notices to the non-filers of income tax returns for the tax year 2003, sources told Business Recorder here on Thursday.
Published 16 Jul, 2004 12:00am
Chile may probe Pinochet's possible secret accounts

Chile may probe Pinochet's possible secret accounts

Chile may investigate possible secret bank accounts of former-dictator Augusto Pinochet, President Ricardo Lagos said on Thursday, reacting to a US Senate report that said a Washington-based bank helped Pinochet hide his assets.
Published 16 Jul, 2004 12:00am
CBR to issue notices to non-filers

CBR to issue notices to non-filers

The Central Board of Revenue (CBR) has decided to issue notices to the non-filers of income tax returns for the tax year 2003, sources told Business Recorder here on Thursday.
Published 16 Jul, 2004 12:00am
Boat with illegal migrants off Malta feared sunk

Boat with illegal migrants off Malta feared sunk

A boat carrying some 30 illegal immigrants was feared to have sunk in rough Mediterranean seas after Maltese armed forces said they had called off a search for the vessel on Thursday.
Published 16 Jul, 2004 12:00am
Fresh violence leaves 29 dead in Iraq

Fresh violence leaves 29 dead in Iraq

As many as 29 people were killed in fresh spat of violence across Iraq. The security forces killed 15 terror suspects and arrested nine in a raid on Haifa street in central Baghdad, Defence Minister Hazem al-Shaalan told reporters on Thursday.
Published 16 Jul, 2004 12:00am
Thousands could die in Sudan: UN

Thousands could die in Sudan: UN

Hundreds of thousands of people could die in Darfur in western Sudan this year unless medical relief organisations pre-position supplies and vaccinate people susceptible to cholera, the United Nations said on Thursday.
Published 16 Jul, 2004 12:00am
Fresh violence leaves 29 dead in Iraq

Fresh violence leaves 29 dead in Iraq

As many as 29 people were killed in fresh spat of violence across Iraq. The security forces killed 15 terror suspects and arrested nine in a raid on Haifa street in central Baghdad, Defence Minister Hazem al-Shaalan told reporters on Thursday.
Published 16 Jul, 2004 12:00am
Eleven killed in Nepal clashes

Eleven killed in Nepal clashes

Eleven suspected Maoist rebels including two local leaders were killed in armed clashes with security forces in western Nepal Thursday, police said.
Published 16 Jul, 2004 12:00am
Huawei Tech to open R&D centre in Pakistan

Huawei Tech to open R&D centre in Pakistan

Huawei Technologies, China's largest maker of telecommunications equipment, said on Thursday that it would open a new research and development (R&D) centre in Pakistan.
Published 16 Jul, 2004 12:00am
Schroeder rules out German referendum on EU charter

Schroeder rules out German referendum on EU charter

Unlike Britain, France and several other European Union states, Germany will not hold a referendum on the bloc's constitution, Chancellor Gerhard Schroeder said on Thursday.
Published 16 Jul, 2004 12:00am
Huawei Tech to open R&D centre in Pakistan

Huawei Tech to open R&D centre in Pakistan

Huawei Technologies, China's largest maker of telecommunications equipment, said on Thursday that it would open a new research and development (R&D) centre in Pakistan.
Published 16 Jul, 2004 12:00am
Tourism in Mediterranean endangers freshwaters: WWF

Tourism in Mediterranean endangers freshwaters: WWF

The tourism boom around one of the world's most popular summer holiday destinations, the Mediterranean Sea, is endangering freshwater supplies and tourists in the area must cut their consumption, the environmental group WWF said Thursday.
Published 16 Jul, 2004 12:00am
Armitage appreciates economic reforms

Armitage appreciates economic reforms

Prime Minister-designate and Finance Minister Shaukat Aziz during a meeting with US Deputy Secretary of State Richard Armitage stressed on the need of Pakistan having adequate conventional defence capability and on maintaining a balance of power in the re
Published 16 Jul, 2004 12:00am
Montenegro hoists flag in step towards independence

Montenegro hoists flag in step towards independence

Montenegro on Thursday hoisted a red flag emblazoned with a golden double-headed eagle above its parliament building for the first time since it lost its independence in 1918.
Published 16 Jul, 2004 12:00am
Armitage appreciates economic reforms

Armitage appreciates economic reforms

Prime Minister-designate and Finance Minister Shaukat Aziz during a meeting with US Deputy Secretary of State Richard Armitage stressed on the need of Pakistan having adequate conventional defence capability and on maintaining a balance of power in the re
Published 16 Jul, 2004 12:00am
Nasa launches Aura spacecraft

Nasa launches Aura spacecraft

Nasa successfully launched a new satellite from California on Thursday that promises scientists their best gauge yet of how the tug of war between international treaties and industrial pollutants is being played out in Earth's atmosphere.
Published 16 Jul, 2004 12:00am
Final road show for PPL on July 16

Final road show for PPL on July 16

The final road show for Pakistan Petroleum Limited (PPL) shares initial public offering (IPO) is being held under the auspices of the Privatisation Commission and Lead Manager Elixir Securities Pakistan (Pvt) Ltd in Peshawar on Friday.
Published 16 Jul, 2004 12:00am
Suspected Israeli spies fall foul of foreign law

Suspected Israeli spies fall foul of foreign law

An Auckland court sentenced two Israelis suspected of being Mossad spies to six months in prison on Thursday after they admitted trying to obtain a New Zealand passport fraudulently.
Published 16 Jul, 2004 12:00am
Final road show for PPL on July 16

Final road show for PPL on July 16

The final road show for Pakistan Petroleum Limited (PPL) shares initial public offering (IPO) is being held under the auspices of the Privatisation Commission and Lead Manager Elixir Securities Pakistan (Pvt) Ltd in Peshawar on Friday.
Published 16 Jul, 2004 12:00am
Final road show for PPL on July 16

Final road show for PPL on July 16

The final road show for Pakistan Petroleum Limited (PPL) shares initial public offering (IPO) is being held under the auspices of the Privatisation Commission and Lead Manager Elixir Securities Pakistan (Pvt) Ltd in Peshawar on Friday.
Published 16 Jul, 2004 12:00am
Power station blaze gridlock's central Madrid

Power station blaze gridlock's central Madrid

A huge fire at a Madrid power substation triggered explosions and led authorities to shut down the centre of the city, jangling nerves four months after train bombings killed 191 people.
Published 16 Jul, 2004 12:00am
Ten wounded in Saudi protest

Ten wounded in Saudi protest

Nine policemen and an expatriate Arab were injured in violent demonstrations in which some 3,000 members of a Saudi tribe tried to halt a public auction of land in the west of the kingdom, a local newspaper said on Thursday.
Published 16 Jul, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 15, 2004).
Published 16 Jul, 2004 12:00am
Brunei's parliament to reconvene after decades: Sultan

Brunei's parliament to reconvene after decades: Sultan

The Southeast Asian monarchy of Brunei will reconvene parliament for the first time in decades as part of political reforms to "engage the citizens", Sultan Hassanal Bolkiah announced Thursday.
Published 16 Jul, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 15, 2004).
Published 16 Jul, 2004 12:00am
US to continue selling weapons to Taiwan

US to continue selling weapons to Taiwan

The United States said Wednesday it would continue selling weapons to Taiwan, shrugging off a warning from Beijing that any improvement in US-China relations hinged on America cutting military links with the island.
Published 16 Jul, 2004 12:00am
Moderate quake rocks Northern Areas

Moderate quake rocks Northern Areas

An earthquake measuring 5.0 on the Richter scale hit the mainly Northern Areas on Thursday afternoon, but there were no reports of casualties or damage, said officials of the meteorological department.
Published 16 Jul, 2004 12:00am
Mandela urges donors to back global AIDS fund

Mandela urges donors to back global AIDS fund

Former South African President Nelson Mandela, in a veiled swipe at the United States, called on donors on Thursday to join efforts to pour billions of dollars into a global fund to fight AIDS.
Published 16 Jul, 2004 12:00am
'Nearly 400 al Qaeda members and others in Iran'

'Nearly 400 al Qaeda members and others in Iran'

Hundreds of alleged members of al Qaeda, including 18 of its top leaders, and other terror groups are living in Iran, some under tight security, Asharq Al-Awsat newspaper reported Thursday.
Published 16 Jul, 2004 12:00am
LPG price raised

LPG price raised

Liquefied petroleum gas PG Distributors Association Lahore in its meeting held here on Thursday unanimously approved to raise the price of LPG from Rs 34 per kg to Rs 36 per kg.
Published 16 Jul, 2004 12:00am
Black holes - maybe there is a way out after all

Black holes - maybe there is a way out after all

Black holes, those fearsome galactic traps from which not even light can escape, may not be quite so terminally destructive after all, according to cosmologist Stephen Hawking.
Published 16 Jul, 2004 12:00am
LPG price raised

LPG price raised

Liquefied petroleum gas PG Distributors Association Lahore in its meeting held here on Thursday unanimously approved to raise the price of LPG from Rs 34 per kg to Rs 36 per kg.
Published 16 Jul, 2004 12:00am
China non-committal on German Security Council bid

China non-committal on German Security Council bid

China supports expansion of the UN Security Council, the Foreign Ministry said on Thursday, but was non-committal about Germany's bid for permanent membership for which visiting Foreign Minister Joschka Fischer was pushing.
Published 16 Jul, 2004 12:00am
Malaysia may send medical team to Iraq

Malaysia may send medical team to Iraq

Muslim-majority Malaysia is considering sending a medical team to Iraq as a contribution to a multilateral force in the country, Prime Minister Abdullah Ahmad Badawi said on Thursday.
Published 16 Jul, 2004 12:00am
Blair accused of adopting presidential style

Blair accused of adopting presidential style

A report on Iraq intelligence sparked accusations on Thursday that British Prime Minister Tony Blair has adopted a presidential style and runs "government by sofa" with a coterie of unelected advisers.
Published 16 Jul, 2004 12:00am
Premier Oil abandons well

Premier Oil abandons well

Premier Oil Plc has abandoned a well in south-west Pakistan at the cost of around 1.5 million dollars, the British oil and gas firm said on Thursday.
Published 16 Jul, 2004 12:00am
Edwards attacks Bush's leadership

Edwards attacks Bush's leadership

John Edwards, opening his first solo campaign swing since becoming No 2 on the Democratic White House ticket, attacked US President George W. Bush on Wednesday for his failure to take responsibility for flawed US intelligence on Iraq.
Published 16 Jul, 2004 12:00am
Polish oil explorer granted status quo

Polish oil explorer granted status quo

The Supreme Court has granted status quo to the Polish Oil and Gas Company working in Pakistan on the appointment of a liquidator until its appeal against the Banking Judge of the Lahore High Court was disposed of.
Published 16 Jul, 2004 12:00am
Philippine hostage in Iraq says he is coming home

Philippine hostage in Iraq says he is coming home

A Filipino held hostage in Iraq told his family in a videotaped message aired on Thursday he would be home soon, but the militants holding him said he would be freed only after Manila withdrew its troops from Iraq.
Published 16 Jul, 2004 12:00am
Government actively pursuing to ratify Kyoto Protocol

Government actively pursuing to ratify Kyoto Protocol

The government is actively pursuing to ratify Kyoto Protocol, which the cabinet has discussed and the preparation is at advanced stage, said Secretary Environment Javed Hasan Ali while speaking at a workshop on Carbon Finance Initiative at World Bank Paki
Published 16 Jul, 2004 12:00am
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