News Archives for Print - 2006-11-18

Remembering our legends: Composer Master Ghulam Haider

Few composers of gramophone and film songs in the subcontinent had such a tumultuous career and commanded so much respect from music buffs as did legendary Master Ghulam Haider (1906-1953).

Published 18 Nov, 2006 12:00am

Bhasha Dam project: 'blacklisted German company to continue work'

Despite blacklisting of Lahmeyer International GmbH (Lahmeyer) by the World Bank, the firm would continue to work on the Bhasha Dam project because it was blacklisted after the contract was awarded.

Published 18 Nov, 2006 12:00am

'Aasmaan-e-Rehmat'

Ejaz Rehmani is a well known and acknowledged poet, who through his work, spread over at least five decades, has made his mark by writing Ghazals, Nazms, Qata'at and is known especially for his religious poetry, like Hamd, Na'at, Salam, Munqabat and relig

Published 18 Nov, 2006 12:00am

Auto industry expansion programme: government announces pre-determined five-year tariff

The government has responded to the auto industry with a clear long-term future road-map by announcing pre-determined five-year tariff, to carry out expansion programmes, in the Draft Auto Industry Development Programme (AIDP), designed to strengthen the

Published 18 Nov, 2006 12:00am

'Adni Baba'

Afaq Siddiqui, a teacher, poet, critic, translator, researcher and what not in the field of literature and academics, has given us a book titled Adni Baba a biography of late Iftikhar Ahmed Adni.

Published 18 Nov, 2006 12:00am

Auto industry expansion programme: government announces pre-determined five-year tariff

The government has responded to the auto industry with a clear long-term future road-map by announcing pre-determined five-year tariff, to carry out expansion programmes, in the Draft Auto Industry Development Programme (AIDP), designed to strengthen the

Published 18 Nov, 2006 12:00am

BOOK REVIEW: Book on women's agony: from past to present time

Elizabeth Stanton (1815-1902) an American abolitionist and campaigner for woman suffrage in her co-written book with Susan B. Anthony and Matilda Gage "History of Woman Suffrage" commenting on the dreadful exploitation of womenfolk, writes "The prolonged

Published 18 Nov, 2006 12:00am

Auto industry expansion programme: government announces pre-determined five-year tariff

The government has responded to the auto industry with a clear long-term future road-map by announcing pre-determined five-year tariff, to carry out expansion programmes, in the Draft Auto Industry Development Programme (AIDP), designed to strengthen the

Published 18 Nov, 2006 12:00am

CAPITAL CULTURAL SCENE: Appreciating innovation

A blast of cold showers is washing every bit of warmth from the capital. The dreary drops of rain confide people to their warm, cosy homes, the feeling of lethargy overwhelming every active bone in the body.

Published 18 Nov, 2006 12:00am

Goods transporters end strike

The Supreme Council of All Karachi Transport Association and Karachi Goods Carrier Association have announced to call off the ongoing strike of goods carriers after holding talks with provincial minister for labour, transport and industry Adil Siddiqui.

Published 18 Nov, 2006 12:00am

Some interesting proverbs

William Shakespeare was the dirtiest man of the world. He never bathed even once during his 52 years long, unhygienic life from 1564-1616. He is now contemptuously called "Shakespeare Cockroach" or "Dirty Shakespeare."

Published 18 Nov, 2006 12:00am

Goods transporters end strike

The Supreme Council of All Karachi Transport Association and Karachi Goods Carrier Association have announced to call off the ongoing strike of goods carriers after holding talks with provincial minister for labour, transport and industry Adil Siddiqui.

Published 18 Nov, 2006 12:00am

Sukkur - the city of past

The City of Sukkur, located on the picturesque bank of mighty Indus, partly hilly and partly plain, is one of the oldest human settlements of Sindh. On the opposite is its twin city of Rohri, an equally old habitation, close to Arore, Sindh's medieval cap

Published 18 Nov, 2006 12:00am

Goods transporters end strike

The Supreme Council of All Karachi Transport Association and Karachi Goods Carrier Association have announced to call off the ongoing strike of goods carriers after holding talks with provincial minister for labour, transport and industry Adil Siddiqui.

Published 18 Nov, 2006 12:00am

A glimpse of Punjabi culture across the border

It was a case of pure serendipity. While surfing the television a few days ago in search of something interesting, I stumbled upon an Indian Punjabi music channel, MH1. I saw something that hooked me-and gave me a glimpse into the Punjabi culture across t

Published 18 Nov, 2006 12:00am

Transporters' strike telling on import, export and local trading

The country may face shortage of imported essential commodities and industrial raw material supply if goods transport strike continues. These concerns have been expressed by the business community.

Published 18 Nov, 2006 12:00am

Cytogenetics - A new tool for the diagnosis of childhood diseases

With the mapping of human genes a wide open field has been laid open for accurate diagnosis of various cancers and other congenital malformations, maybe for other diseases also the nature of which so far has eluded the investigators.

Published 18 Nov, 2006 12:00am

Political and trade bodies hail women bill

Various organisations, including political, religious, social and trade bodies have welcomed the passage of Women Protection Bill by the National Assembly.

Published 18 Nov, 2006 12:00am

Wedding season is on

Wedding season is on. Dinning halls in hotels are booked till December end and beginning of January 2007. All the wedding halls, gardens and open spaces that could be utilised by the needy people, are not available for another three months except on dates

Published 18 Nov, 2006 12:00am

'KCCI supports traders convention'

Karachi Chamber of Commerce and Industry (KCCI) has extended its support to the traders' convention being held on November 30 by the small traders to protest against rising street crimes, non availability of parking, traffic congestion and pathetic condit

Published 18 Nov, 2006 12:00am

Moral Authority: inspiring others to act voluntarily

Addressing the UN General Assembly on the report of the Secretary-General on the work of the organisation on October 3, 2006, the Ambassador of Pakistan to the United Nation Munir Akram stressed that "the world needs a United Nation which does not always

Published 18 Nov, 2006 12:00am

Delay in sales, purchase invoices submission: KCCI proposal

The Karachi Chamber of Commerce and Industry (KCCI) has proposed that penalty on a registered person, who failed to submit summary of sales and purchase invoices be made in line with the default in submission of monthly return viz, Rs 100 per day and for

Published 18 Nov, 2006 12:00am

CIF Gulf grain corn and soya steady

US CIF corn and soyabean basis values were mostly steady on Thursday, supported by slow farmer selling and routine export demand, traders said. Barge freight rates were mostly steady after rising slightly at St. Louis and on the Illinois River.

Published 18 Nov, 2006 12:00am

PBF team to visit all chambers

Progressive Business Forum has decided to visit all chambers of commerce and industry of the country in connection with forthcoming FPCCI elections.

Published 18 Nov, 2006 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 85,387 tonnes of cargo including 56,684 tonnes import, 28,703 tonnes export cargo and 1,944 containers during last 24 hours ending at 0700 hours on Friday.

Published 18 Nov, 2006 12:00am

Romania sees good prospects for joint ventures in Pakistan

Deputy Prime Minister of Romania, Bodgan Pascu said that good prospect exists to have joint ventures in alternative energy, agriculture and information technology with Pakistan. Addressing members of Karachi Chamber of Commerce and Industry (KCCI) on Thur

Published 18 Nov, 2006 12:00am

US cash soyameal offers mostly flat

Spot basis offers for soyameal were mostly steady around the US Midwest on Thursday, but the market had a weak tone due to abundant supplies, dealers said. Soyabean processors have received a good amount of soybeans in the past few weeks as farmers have f

Published 18 Nov, 2006 12:00am

CresBank accepts Saudi party''''s Rs six billion bid: Tarin''''s offer rejected

The Board of Director of Crescent Commercial Bank Limited (CresBank) on Friday announced acceptance of a bid from a premier Saudi financial institution to invest Rs 6 billion (around $100 million), and rejected the offer of Rs 2.8 billion from a consortiu

Published 18 Nov, 2006 12:00am

KCBT wheat futures called steady

Hard red winter wheat futures at the Kansas City Board of Trade were called to open steady to 1 cent higher on Thursday, with some expecting two-sided action amid a scarcity of market-moving news, traders said.

Published 18 Nov, 2006 12:00am

CresBank accepts Saudi party''s Rs six billion bid: Tarin''s offer rejected

The Board of Director of Crescent Commercial Bank Limited (CresBank) on Friday announced acceptance of a bid from a premier Saudi financial institution to invest Rs 6 billion (around $100 million), and rejected the offer of Rs 2.8 billion from a consortiu

Published 18 Nov, 2006 12:00am

Prices stay put on grain market

Firmness prevailed in the grain market on Friday as most of the commodities maintained the overnight levels in process of trading, dealers said.

Published 18 Nov, 2006 12:00am

CresBank accepts Saudi party's Rs six billion bid: Tarin's offer rejected

The Board of Director of Crescent Commercial Bank Limited (CresBank) on Friday announced acceptance of a bid from a premier Saudi financial institution to invest Rs 6 billion (around $100 million), and rejected the offer of Rs 2.8 billion from a consortiu

Published 18 Nov, 2006 12:00am

US wheat interests concerned with CBOT contract

Commercial grain interests such as millers and grain elevators are struggling with increased volatility in the Chicago Board of Trade wheat market, representatives at an industry meeting said on Thursday.

Published 18 Nov, 2006 12:00am

CresBank accepts Saudi party's Rs six billion bid: Tarin's offer rejected

The Board of Director of Crescent Commercial Bank Limited (CresBank) on Friday announced acceptance of a bid from a premier Saudi financial institution to invest Rs 6 billion (around $100 million), and rejected the offer of Rs 2.8 billion from a consortiu

Published 18 Nov, 2006 12:00am

Midwest cash grain corn and soyabean bids steady

Spot basis bids for corn and soyabeans were mostly steady around the interior US Midwest on Thursday, but soya bids rose along rivers, grain dealers said. Farmer selling was slow after a downturn in the futures market lowered cash prices.

Published 18 Nov, 2006 12:00am

Government to end Balochistan''s backwardness: Musharraf

President General Pervez Musharraf has declared that 2007 and beyond would be the year of Balochistan where through the process of development backwardness would be brought to an end. He was addressing elected representatives and notables of the five dist

Published 18 Nov, 2006 12:00am

EU wheat prices fall

European wheat fell on Friday after the EU stepped up sales from intervention stores onto the domestic market, sending buyers into retreat, traders said. French wheat continued its downtrend as Chicago's weakness was reinforced by the EU's sizeable resale

Published 18 Nov, 2006 12:00am

Government to end Balochistan's backwardness: Musharraf

President General Pervez Musharraf has declared that 2007 and beyond would be the year of Balochistan where through the process of development backwardness would be brought to an end. He was addressing elected representatives and notables of the five dist

Published 18 Nov, 2006 12:00am

CBOT corn ends down two percent

Corn futures on the Chicago Board of Trade shed 2 percent of value on Thursday on profit-taking pressure, traders and analysts said. "It was just profit-taking across the floor. Nothing has changed fundamentally and there wasn't any big fund long liquidat

Published 18 Nov, 2006 12:00am

Government to end Balochistan's backwardness: Musharraf

President General Pervez Musharraf has declared that 2007 and beyond would be the year of Balochistan where through the process of development backwardness would be brought to an end. He was addressing elected representatives and notables of the five dist

Published 18 Nov, 2006 12:00am

CBOT wheat ends down

Wheat futures on the Chicago Board of Trade closed lower on Thursday, retreating from early gains on sluggish US exports and on profit-taking, traders said.

Published 18 Nov, 2006 12:00am

Oil cake market rates

Modest business was seen on the forward cottonseed oil cake market on Friday as most of the buyers kept on the sidelines to analyse the latest position of the crop size, dealers said.

Published 18 Nov, 2006 12:00am

Spot rates raised by another Rs 15

The official spot rate maintained its upward march on the cotton market on Friday as mills remained active to cover the forward needs, dealers said. The Karachi Cotton Association (KCA) official spot rate posted fresh gain of Rs 15 to Rs 2400, without upc

Published 18 Nov, 2006 12:00am

Plastic mouldings up on Jodia Bazar

The trading on plastic mouldings closed up on Jodia Bazar here on Friday.

Published 18 Nov, 2006 12:00am

MGE wheat ends technically weak

The Minneapolis spring wheat futures closed weak on Thursday, following the technical sell-off in the Chicago soft red winter wheat market, traders said. Minneapolis December wheat closed 9 cents per bushel lower at $4.90-1/2, just above its 50-day moving

Published 18 Nov, 2006 12:00am

New York cocoa down 2.8 percent

Benchmark cocoa futures in New York closed down 2.8 percent on Thursday on a volley of speculative selling after a similar drop in London prices. Cocoa for March delivery on the New York Board of Trade finished $43 lower at $1,490 a tonne, breaking the $1

Published 18 Nov, 2006 12:00am

New York coffee erases gains

Arabica benchmark coffee futures closed lower on Thursday as gains to near seven-month highs gave way to origin sales and profit taking by funds, speculators and locals extended the decline, traders said.

Published 18 Nov, 2006 12:00am

India's ITC sees consumer goods revenue up

India's biggest tobacco maker ITC Ltd expects annual revenue from its non-cigarette consumer goods to more than double over the next five years, the Business Standard paper reported on Friday.

Published 18 Nov, 2006 12:00am

Tokyo gold falls

The key Tokyo gold futures contract fell 0.75 percent on Friday as a slide in crude oil prices due to rising US stockpiles lessened inflation concerns and prompted Japanese investors to lighten positions ahead of the weekend.

Published 18 Nov, 2006 12:00am

Gold softer in New York

Gold futures erased gains to end lower on Thursday, after the dollar reversed its course and strengthened on key US economic data that eased inflation concerns.

Published 18 Nov, 2006 12:00am

Gold eases as dollar holds gains

Gold slipped on Friday in jittery trade as the US dollar held to New York gains, while platinum dropped more than 2 percent on persistent selling in Japan following this week's report by Johnson Matthey.

Published 18 Nov, 2006 12:00am

CBOT rice weak

Rough rice futures at the Chicago Board of Trade fell on Thursday, pressed by this year's disappointing export pace, traders said. January rice ended 12 cents down at $9.87 per hundredweight, just above the $9.86 day low. Thinly traded November, which sto

Published 18 Nov, 2006 12:00am

Oil holds at $56 on ample US stocks

Oil hovered above $56 on Friday, after sliding to its lowest level in almost a year due to mild winter weather forecasts in the United States, combined with high fuel inventories and fund selling on commodities.

Published 18 Nov, 2006 12:00am

Japan seeks 170,000 tonnes of wheat

Japan's Agriculture Ministry is seeking to buy 170,000 tonnes of wheat 90,000 tonnes from the United States and 40,000 tonnes each from Canada and Australia at a weekly tender, a ministry official said on Friday.

Published 18 Nov, 2006 12:00am

Tokyo rubber ends below 200 yen

Japanese rubber futures ended lower on technical sales on Friday, falling below the closely watched 200 yen level for the first time since November 24, 2005. The benchmark April delivery fell 4.7 yen per kg to settle at 199.4 yen ($1.69) per kg, as prices

Published 18 Nov, 2006 12:00am

Ukraine leader demands government moves to resume exports

President Viktor Yushchenko demanded urgent moves from Ukraine's government on Friday to resume stalled grain exports, saying blockages could create tensions with importing countries.

Published 18 Nov, 2006 12:00am

New York sugar closes at two-week low

Raw sugar futures tumbled due to late speculative sales to finish on Thursday at a two-week low and the market could test the lower end of its trading band before the weekend, brokers said.

Published 18 Nov, 2006 12:00am

Soyabeans lower after volatile trade

Soyabean futures at the Chicago Board of Trade closed lower on Thursday on profit-taking after a volatile session trading in a 20-cent range, traders said.

Published 18 Nov, 2006 12:00am

Malaysian tin falls

Malaysian tin fell $20 to end at a one-month low on Friday, weighed down by higher offerings at the and technical correction, one dealer said.

Published 18 Nov, 2006 12:00am

US copper futures end near 19-week lows

Copper futures in New York settled just above a 19-week low on Thursday, as chart-based selling emerged following the market's failure to garner any upside strength, sources said.

Published 18 Nov, 2006 12:00am

Malaysian palm oil higher

Malaysian crude palm oil futures closed higher on Friday as the market waited for key export data to be released by cargo surveyors. The benchmark February contract on the Bursar Malaysia Derivatives exchange was up 9 ringgit at 1,764 ringgit a tonne ($48

Published 18 Nov, 2006 12:00am

UK to ban junk food advertising aimed at children

Britain moved to ban ads for junk food during children's television programming, taking one of the toughest stances in Europe in the fight against increasing childhood obesity.

Published 18 Nov, 2006 12:00am

Iran confident can agree India LNG deal, pipeline

Iran is confident on deals to sell liquefied natural gas to India and build a pipeline linking Iranian gas fields with energy-hungry South Asia will both be agreed by the year's end, its foreign minister said on Friday.

Published 18 Nov, 2006 12:00am

Germany alters gas grid rules

Germany has announced changes to rules governing the way companies buy access to gas pipeline networks on Friday, in a move designed to boost competition and help bring down energy bills.

Published 18 Nov, 2006 12:00am

India and EU vow to resolve WTO impasse

India and the European Union on Friday vowed to work hard to restart stalled global trade talks by 2007, but New Delhi stuck to its guns over protecting vulnerable Indian farmers.

Published 18 Nov, 2006 12:00am

Eurozone logs trade surplus in September

The eurozone's trade balance swung to a surplus in September from an August deficit, data showed on Friday, in what economists attributed to a decline in oil prices and continued healthy growth in exports.

Published 18 Nov, 2006 12:00am

Argentina resumes main gas supply to Chile

Argentina resumed key exports of natural gas to Chile on Friday, following a stoppage of more than 48 hours that was triggered by a workers' protest in southern Argentina.

Published 18 Nov, 2006 12:00am

UAE sees 'some form' of Gulf monetary union by 2010

The United Arab Emirates sees "some form" of Gulf Arab monetary union set up by 2010, despite differences among the six energy producers,the UAE central bank governor said on Friday.

Published 18 Nov, 2006 12:00am

US housing starts fall sharply

The pace of US home building fell sharply in October in a sign that the housing sector may still have a rocky road ahead, government data showed on Friday.

Published 18 Nov, 2006 12:00am

Sony launches PlayStation 3 in US amid frenzy

Gamers lined up by the thousands early on Friday, aiming to be one of the first in the United States to buy Sony Corp's PlayStation 3, the multimedia and video game machine that is key to the future of the beleaguered electronics and media conglomerate.

Published 18 Nov, 2006 12:00am

French payrolls growth slowest in a year

French non-farm payrolls grew at their slowest pace in a year in the third quarter, official data showed on Friday, in a sign that disappointing economic growth has dragged down hiring.

Published 18 Nov, 2006 12:00am

US e-commerce sales rise

US retail sales transacted via the Internet and other electronic networks gained 4.5 percent in the third quarter from the second quarter and accounted for a record 2.8 percent of total retail sales in the period, a government report said on Friday.

Published 18 Nov, 2006 12:00am

US calls for freer yuan as economic powers meet

The United States called on China on Friday to allow its currency to trade more flexibly as the world's biggest economic powers gathered for talks on global imbalances and a range of pressing economic concerns.

Published 18 Nov, 2006 12:00am

Citigroup awards 2006

The last day for submitting nominations for Citigroup Microentrepreneurship awards has been extended to November 20, 2006. All Microfinance Institutions are requested to send in a minimum of five nominations for each of the following award-categories.

Published 18 Nov, 2006 12:00am

Thai share prices jump

Thai share prices closed 0.11 percent higher on Friday amid falling oil prices, as small-cap domestic-oriented stocks boosted the volume, dealers said.

Published 18 Nov, 2006 12:00am

Philippines stocks rise, strike nine-year high

Philippines share prices closed 0.85 percent higher on Friday, its best close in nine years amid renewed confidence in the economy, dealers said.

Published 18 Nov, 2006 12:00am

Hong Kong shares finish firmer

Hong Kong stocks edged up 0.2 percent on Friday in their third straight record close as global lender HSBC reversed recent losses triggered by disappointing quarterly results from its US units this week.

Published 18 Nov, 2006 12:00am

Dow ends above 12,300 on oil's slide, rate optimism

US stocks rose for a fifth straight day on Thursday as investors bet that a sharp slide in crude oil prices would boost profits and could even prompt the Fed to cut interest rates sometime next year following data that showed tamer consumer prices.

Published 18 Nov, 2006 12:00am

Jakarta shares climb

Jakarta share prices closed up 0.20 percent on Friday as banks gained after the government divested its remaining stake in PT Bank Internasional Indonesia (BII), dealers said. They said this helped limit the impact of profit taking in some large caps ahea

Published 18 Nov, 2006 12:00am

US Treasury prices fall

US government debt prices fell on Thursday, despite a fall in consumer price inflation in October, but comments from Federal Reserve officials suggested it was still to early to look for interest rate cuts anytime soon.

Published 18 Nov, 2006 12:00am

US Treasury prices fall

US government debt prices fell on Thursday, despite a fall in consumer price inflation in October, but comments from Federal Reserve officials suggested it was still to early to look for interest rate cuts anytime soon.

Published 18 Nov, 2006 12:00am

Indian shares slip

Indian share prices fell 0.57 percent on Friday, snapping six straight days of gain as investors locked-in profits, dealers said. They said the markets quickly shed early morning gains and slid from a fresh all-time peak Friday of 13,678.04 for the Sensex

Published 18 Nov, 2006 12:00am

Malaysian stocks slightly up

Malaysian share prices closed slightly higher on Friday as profit-taking limited blue chip gains such as in gaming group Genting and Resorts, dealers said.

Published 18 Nov, 2006 12:00am

Singapore shares break 2,800 in another new record close

Singapore share prices broke through the key 2,800 point level on Friday to close at a record high for a fourth straight day amid buying in select blue chips and tech stocks, dealers said.

Published 18 Nov, 2006 12:00am

Nikkei tumbles as lower oil price hits energy stocks

The Nikkei lost 0.45 percent on Friday as lower oil prices pushed down energy stocks including trading firms such as Mitsui & Co Ltd, while Credit Saison Co Ltd dropped ahead of its earnings results.

Published 18 Nov, 2006 12:00am

Taiwan shares surge

Taiwan stocks edged up 0.03 percent on Friday to a fresh six-month closing high, with TSMC leading chip makers higher on government plans to let them build factories in China using advanced process technology. The main TAIEX share index struggled to find

Published 18 Nov, 2006 12:00am

Swiss franc steady against euro

The Swiss franc was barely changed against the euro but retreated against the dollar on Friday after investor sentiment data showed the Swiss economy might be heading for a slowdown next year.

Published 18 Nov, 2006 12:00am

Yuan falls versus dollar

The yuan fell slightly against the dollar on Friday for the fifth straight day and dealers said the central bank was suspected of using the dollar's firmness on global markets to slow the yuan's appreciation. The yuan was trading at 7.8735 to the dollar a

Published 18 Nov, 2006 12:00am

Dollar rises, Fed seen steady on rates

The dollar rose on Friday for a second day after US data showed a slowdown in inflation and a rebound in regional factory activity, reinforcing views that the Federal Reserve will keep interest rates steady.

Published 18 Nov, 2006 12:00am

Dollar edges higher after tame data

The dollar rose on Thursday after economic data reinforced the view that US growth and inflation were easing at a moderate pace, and despite a dip in foreign demand for US assets.

Published 18 Nov, 2006 12:00am

Australian dollar in tight range

The Australian dollar was little changed on Friday against a broadly stronger US dollar on a firming investor view that US inflation data was not weak enough for the Federal Reserve to cut interest rates.

Published 18 Nov, 2006 12:00am

Philippines peso bucks Asian weakness

Asian currencies weakened on Friday on further unwinding of positions by traders fearing more central bank intervention and on the dollar's strength despite the softness in US inflation data. The Thai baht was the biggest loser, shedding nearly 0.4 percen

Published 18 Nov, 2006 12:00am

Hong Kong dollar edges lower

The Hong Kong dollar was marginally weaker on Friday, but dealers expect the currency to stay range trading on expectations of fund flows for IPOs and interest-rate arbitrage. The currency was trading at 7.7870/72 to the US dollar, softer than the previou

Published 18 Nov, 2006 12:00am

Ashes rivals suffer injury scares

The Australian and English cricket teams were both hit by injury scares on Friday, just six days before the start of the first Ashes test in Brisbane. England fast bowler Steve Harmison pulled out of the tourists' three-day match against South Australia i

Published 18 Nov, 2006 12:00am

Hungary soccer great dies

Hungarian soccer great Ferenc Puskas, the best player of his generation and talismanic member of the nation's "Golden Team" of the 1950s, died in hospital on Friday aged 79 after a long illness.

Published 18 Nov, 2006 12:00am

Odds stacked against India in first international

The odds seem stacked against India when a five-match one-day international series against South Africa starts at the Wanderers Stadium Sunday. India have won just three times in 16 one-day internationals against the host nation in South Africa and suffer

Published 18 Nov, 2006 12:00am

Yousuf hails religion for batting success

Pakistan's prolific batsman Mohammad Yousuf Friday said he owed his batting success to his conversion to Islam - and support from his captain Inzamam-ul-Haq. "The maturity and discipline in my batting is because of Almighty Allah's blessings and I have be

Published 18 Nov, 2006 12:00am

Nadal outlasts Davydenko in Masters Cup

Spain's Rafael Nadal won a Masters Cup round robin shootout with Russian Nikolay Davydenko 5-7 6-4 6-4 on Friday to set up a semi-final against world number one Roger Federer. The world number two took an injury time-out in the deciding set but outlasted

Published 18 Nov, 2006 12:00am

Inzamam wary of Lara-led West Indies backlash

Pakistan skipper Inzamam-ul-Haq believes his counterpart Brian Lara has the charisma and batting form to inspire West Indies to a series levelling win in the second Test in Multan from Sunday.

Published 18 Nov, 2006 12:00am

Boehner, Blunt re-elected as US House leaders

Republicans in the US House of Representatives re-elected two top leaders on Friday - 10 days after American voters voiced discontent by turning over control of the legislative body to Democrats. House Republicans stuck with John Boehner of Ohio to head t

Published 18 Nov, 2006 12:00am

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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