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Print - 2009-07-26
Arroyo's final congressional speech

Arroyo's final congressional speech

When Philippine President Gloria Macapagal Arroyo delivers her annual state-of-the-nation address in Congress next week, only one question will be on everybody's minds: Will it be her last? Monday's speech is to be Arroyo's ninth state of the nation since
Published 26 Jul, 2009 12:00am
Human capital measurement

Human capital measurement

Dramatic changes in global economy have unleashed profound implications on people management practices. On every from whether domestic or universal, the environment is getting tougher day by day as shrinking business revenue is forcing the organisations t
Published 26 Jul, 2009 12:00am
Need for a textile-friendly trade policy

Need for a textile-friendly trade policy

Last year's textile export figures were disturbing enough to demand a greater focus on the industry in the upcoming Trade Policy FY10, due on July, 27. Although, it eased just above 6 percent to $9.22 billion in FY09 from $10.59 billion in FY08, month-wis
Published 26 Jul, 2009 12:00am
IMF approves $2.6 billion loan for Sri Lanka

IMF approves $2.6 billion loan for Sri Lanka

The International Monetary Fund on Friday approved a 2.6-billion-dollar loan for Sri Lanka to support its economic reform programme and help the country weather the severe global downturn. The IMF executive board approved the loan as the Asian country eme
Published 26 Jul, 2009 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Bearish trend persisted on the currency market on Saturday as importers continued buying dollars, bankers said. On the interbank market, the rupee shed 15 paisa against dollar, for buying and selling at 82.50 and 82.55, they said.
Published 26 Jul, 2009 12:00am
14 militants killed, 29 arrested during operation

14 militants killed, 29 arrested during operation

The security forces have killed 14 militants and arrested another 29 during the ongoing offensive against Taliban insurgents in Swat and Malakand, the military said in an update on the operation on Saturday. According to Inter-Services Public Relations (I
Published 26 Jul, 2009 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Bearish trend persisted on the currency market on Saturday as importers continued buying dollars, bankers said. On the interbank market, the rupee shed 15 paisa against dollar, for buying and selling at 82.50 and 82.55, they said.
Published 26 Jul, 2009 12:00am
14 militants killed, 29 arrested during operation

14 militants killed, 29 arrested during operation

The security forces have killed 14 militants and arrested another 29 during the ongoing offensive against Taliban insurgents in Swat and Malakand, the military said in an update on the operation on Saturday. According to Inter-Services Public Relations (I
Published 26 Jul, 2009 12:00am
No change in Haj quotas with flu curbs: Saudi official

No change in Haj quotas with flu curbs: Saudi official

Saudi Arabia is likely to ban the elderly and children from the Haj this year to limit the risk of swine flu, but this will not change country quotas for the pilgrimage, a health official said Saturday.
Published 26 Jul, 2009 12:00am
'No festive activities on Zardari's birthday'

'No festive activities on Zardari's birthday'

President and Co-chairman of Pakistan People's Party (PPP) Asif Ali Zardari has directed that no festivities and cake cutting will be held on his birthday today (Sunday), spokesperson to the President Farhatullah Babar said on Saturday. July 26 marks the
Published 26 Jul, 2009 12:00am
Bends in channel ground ship at Port Qasim

Bends in channel ground ship at Port Qasim

After Karachi Port, where ship grounding has become almost a routine, it is now Port Qasim where the ships have started beaching due to what the sources claimed present of some critically hazardous bends in its navigational channel.
Published 26 Jul, 2009 12:00am
Congress endorses Manmohan's initiative on Pakistan

Congress endorses Manmohan's initiative on Pakistan

Notwithstanding the voices of dissent within the ruling party, Indian Congress President Sonia Gandhi has endorsed Prime Minister Manmohan Singh's initiative on Pakistan and conveyed this to senior leaders and ministers, Press Trust of India reported on S
Published 26 Jul, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 25, 2009).

Published 26 Jul, 2009 12:00am
Congress endorses Manmohan's initiative on Pakistan

Congress endorses Manmohan's initiative on Pakistan

Notwithstanding the voices of dissent within the ruling party, Indian Congress President Sonia Gandhi has endorsed Prime Minister Manmohan Singh's initiative on Pakistan and conveyed this to senior leaders and ministers, Press Trust of India reported on S
Published 26 Jul, 2009 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (July 25, 2009).

Published 26 Jul, 2009 12:00am
PSO asks Gencos to enter long-term FSAs

PSO asks Gencos to enter long-term FSAs

Pakistan State Oil (PSO) on Saturday proposed the power generation companies (Gencos) to enter long-term fuel supply agreements (FSAs) with PSO and ensure settlement of PSO monthly outstanding amount in the subsequent months.
Published 26 Jul, 2009 12:00am
'Government intends to boost economy'

'Government intends to boost economy'

Federal Minister for Investment Waqar Ahmad Khan on Saturday stated that the government intends to boost the economy by creating market competitiveness and is encouraging private sector's participation to achieve a meaningful breakthrough in investment an
Published 26 Jul, 2009 12:00am
Free electricity for drought-hit Bangladesh farmers

Free electricity for drought-hit Bangladesh farmers

Bangladesh has ordered free electricity for millions of farmers to pump underground water after a severe lack of monsoon rains threatened its main rice crop, an official said Saturday. Downpours normally lash Bangladesh from June to September and the impo
Published 26 Jul, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (July 25, 2009).

Published 26 Jul, 2009 12:00am
PSO asks Gencos to enter long-term FSAs

PSO asks Gencos to enter long-term FSAs

Pakistan State Oil (PSO) on Saturday proposed the power generation companies (Gencos) to enter long-term fuel supply agreements (FSAs) with PSO and ensure settlement of PSO monthly outstanding amount in the subsequent months.
Published 26 Jul, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (July 25, 2009).
Published 26 Jul, 2009 12:00am
PSO asks Gencos to enter long-term FSAs

PSO asks Gencos to enter long-term FSAs

Pakistan State Oil (PSO) on Saturday proposed the power generation companies (Gencos) to enter long-term fuel supply agreements (FSAs) with PSO and ensure settlement of PSO monthly outstanding amount in the subsequent months.
Published 26 Jul, 2009 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (July 25, 2009).

Published 26 Jul, 2009 12:00am
FBR to replace GST with VAT

FBR to replace GST with VAT

Federal Board of Revenue (FBR) is all set to completely replace the Sales Tax Act 1990 with the Value Added Tax (VAT) Act, by early 2010. Sources told Business Recorder on Saturday that this was agreed with the International Monetary Fund (IMF) by
Published 26 Jul, 2009 12:00am
FBR to replace GST with VAT

FBR to replace GST with VAT

Federal Board of Revenue (FBR) is all set to completely replace the Sales Tax Act 1990 with the Value Added Tax (VAT) Act, by early 2010. Sources told Business Recorder on Saturday that this was agreed with the International Monetary Fund (IMF) by
Published 26 Jul, 2009 12:00am
FBR to replace GST with VAT

FBR to replace GST with VAT

Federal Board of Revenue (FBR) is all set to completely replace the Sales Tax Act 1990 with the Value Added Tax (VAT) Act, by early 2010. Sources told Business Recorder on Saturday that this was agreed with the International Monetary Fund (IMF) by
Published 26 Jul, 2009 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (July 25, 2009).

Published 26 Jul, 2009 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (July 25, 2009).

Published 26 Jul, 2009 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (July 25, 2009).

Published 26 Jul, 2009 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 26 Jul, 2009 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 26 Jul, 2009 12:00am
Oil cake market rates

Oil cake market rates

Upward trend persisted on the forward cottonseed oilcake market on Saturday on strong demand, dealers said. The July vaida commenced with 60 paisa gain at Rs 1000.40 and the December contract gained the same amount to Rs 894.30, they said.
Published 26 Jul, 2009 12:00am
KCBT wheat futures down

KCBT wheat futures down

Hard red winter wheat futures fell 2.2 percent at the Kansas City Board of Trade on Friday as traders locked in profits from Thursday's rally. Many traders did not want to maintain their long exposure over the weekend due to bearish fundamentals that have
Published 26 Jul, 2009 12:00am
Chemical items down on Jodia Bazar

Chemical items down on Jodia Bazar

The trading in chemical items edged down on Jodia Bazar here on Saturday. The following changes were noted.
Published 26 Jul, 2009 12:00am
No business on cotton market as ginners raise asking price

No business on cotton market as ginners raise asking price

Not a single deal was reported on the cotton market on Saturday as ginners raised asking price due to short supply, dealers said. The official spot rate was unchanged at Rs 3400, they said. Brokers said that supply was tight. This was the main factor, whi
Published 26 Jul, 2009 12:00am
Modest business on grain market

Modest business on grain market

Subdued business was seen on the wholesale grain market on Saturday as most of the participants were on the sidelines due to transport problem after rains in the country, dealers said. On the rice sector, Irri-6 Sindh gained Rs 50 to Rs 2650-2850, and oth
Published 26 Jul, 2009 12:00am
Wet weekend ahead for Brazil's coffee areas

Wet weekend ahead for Brazil's coffee areas

A cold front brought wet weather to Brazil's main coffee-growing state Minas Gerais on Friday and more showers will fall over the weekend, private weather forecaster Somar said, frustrating farmer efforts to dry harvested beans. Showers in recent weeks ha
Published 26 Jul, 2009 12:00am
US Midwest soyabean steady to lower, corn hold steady

US Midwest soyabean steady to lower, corn hold steady

Spot basis bids for soyabeans were steady to lower at processors and elevators around the US Midwest on Friday while corn bids held steady, grain dealers said. No farmer selling was reported as futures drifted lower and the phones went quiet ahead of the
Published 26 Jul, 2009 12:00am
US wheat futures fall

US wheat futures fall

US wheat futures fell on Friday as traders locked in profits from a surprise rally earlier in the week. Bearish fundamentals caused traders to exit long positions ahead of the weekend amid large supplies and light global demand, traders said. The benchmar
Published 26 Jul, 2009 12:00am
FOB Gulf corn mostly steady to firm

FOB Gulf corn mostly steady to firm

US corn export premiums at the Gulf of Mexico were steady to firm on Friday amid steady demand aided by sinking prices, while soyabean and wheat export premiums were about steady, traders said. Nearby soyabean demand slowing in favour of new-crop soya, wi
Published 26 Jul, 2009 12:00am
India 2009-2010 raw sugar import likely to fall

India 2009-2010 raw sugar import likely to fall

India is likely to import 2.8-3.0 million tonnes of raw sugar in the new season from October, lower than previous forecasts, the chief executive of Shree Renuka Sugars, India's top refiner and importer, said on Friday. "Currently global markets are estima
Published 26 Jul, 2009 12:00am
Argentine soya prices hold steady

Argentine soya prices hold steady

Argentine soya's closing prices and trends on Friday: In the main grains market of Rosario, soya prices held steady at 950 pesos ($245) per tonne despite losses in the benchmark Chicago futures market, traders said. They said the only minimal losses in th
Published 26 Jul, 2009 12:00am
Activity at Karachi and Qasim Ports

Activity at Karachi and Qasim Ports

The Karachi Port handled 119,026 tonnes of cargo including 90,870 tonnes import and 28,156 tonnes export cargo including 5,329 empty and loaded containers during last 24 hours ending at 0700 hours on Saturday. The cargo comprised of 72,526 tonnes dry carg
Published 26 Jul, 2009 12:00am
Bangladesh may lift ban on rice exports

Bangladesh may lift ban on rice exports

Bangladesh is likely to allow private traders to export fine rice after a bumper harvest and a surge in domestic stocks, a commerce ministry official said. The country, a major importer that also usually exports a small quantity of rice, banned overseas s
Published 26 Jul, 2009 12:00am
US copper ends a touch down

US copper ends a touch down

US copper futures ended a touch lower on Friday, consolidating after a 4 percent gain on the week brought on by investor optimism about the economy. Copper for September delivery settled down 0.20 cent, or 0.08 percent, at $2.5220 a lb on the New York Mer
Published 26 Jul, 2009 12:00am
US gold drops

US gold drops

New York gold futures ended slightly lower Friday on technical selling, and a new US silver trust should continue to stir investment demand in precious metals. August settled down $1.70 at $953.10 an ounce on the COMEX division of the New York Mercantile
Published 26 Jul, 2009 12:00am
Thailand rubber tree replanting target decline

Thailand rubber tree replanting target decline

Thailand, the world's biggest rubber producer, is falling short of its target for chopping down and replanting rubber trees, part of its plan for reducing supply and propping up prices, officials and traders said on Thursday. "Around 100,000 rai of rubber
Published 26 Jul, 2009 12:00am
Indonesia cuts 2009 rubber output forecast

Indonesia cuts 2009 rubber output forecast

Indonesian rubber output is forecast to reach 2.1-2.2 million tonnes in 2009, down from an earlier forecast of 2.586 million tonnes because of severe drought, a senior industry official said on Thursday. Indonesia, the world's second-largest producer of r
Published 26 Jul, 2009 12:00am
Indonesian rubber output fall

Indonesian rubber output fall

Indonesian rubber plantations may see output fall further this year as the El Nino phenomenon causes drier-than-normal weather, industry officials said on Wednesday. Indonesia, the world's second-largest producer after Thailand, is expected to produce 2.5
Published 26 Jul, 2009 12:00am
US soyabean lower

US soyabean lower

US soyabean futures closed lower on Friday on talk USDA, in its August crop report, may trim its estimate for US 2009 corn acres but increase its forecast for soya seedings. CBOT August down 2-1/2 cents per bushel at $10.21. Funds sold 2,000 lots. Trade e
Published 26 Jul, 2009 12:00am
Rains, Mekong floods threaten Vietnam rice harvest

Rains, Mekong floods threaten Vietnam rice harvest

Fast-rising waters are arriving in Vietnam's Mekong Delta in a prelude to seasonal floods that could submerge rice fields that are still in the midst of harvesting, forecasters said. Rice harvesting in the Delta appeared to be behind schedule partly due t
Published 26 Jul, 2009 12:00am
Corn futures pause in Asia

Corn futures pause in Asia

US corn futures stopped for a breather on Friday following their strongest one-day rally in six months on talk that the US government may cut its acreage estimate. New-crop soybeans lost ground on prospects that farmers had planted more beans instead of c
Published 26 Jul, 2009 12:00am
New York sugar hits three-year top

New York sugar hits three-year top

Raw sugar futures ended Friday at another three-year high on all-around buying due to anticipated large sugar imports by India in the 2009-10 season, traders said. The key October raw sugar contract gained 0.17 cent to settle at 18.43 cents per lb. It was
Published 26 Jul, 2009 12:00am
Vietnam's July coffee exports rise

Vietnam's July coffee exports rise

Vietnam's July coffee exports rose 7.7 percent from the same month last year to an estimated 70,000 tonnes, or 1.17 million bags, the government said on Friday. The General Statistics Office also estimated coffee exports in the first 10 months of the Octo
Published 26 Jul, 2009 12:00am
Cameroon cocoa exports up

Cameroon cocoa exports up

Cameroon exported 173,992 tonnes of cocoa beans in the first 11 months of the 2008-09 season, up 9.6 percent on the same period last year, National Cocoa and Coffee Board (NCCB) figures showed on Friday. The data, which was confirmed by the Cocoa and Coff
Published 26 Jul, 2009 12:00am
Commodity prices rebound

Commodity prices rebound

Commodity markets rebounded last week on expectations that the US economy will haul itself out of recession and spur demand for raw materials. Upbeat US company results and rising home sales fuelled optimism that the world's biggest energy consuming natio
Published 26 Jul, 2009 12:00am
Britain's last surviving WW1 veteran dies, aged 111

Britain's last surviving WW1 veteran dies, aged 111

Britain's last surviving veteran of the World War One trenches, Harry Patch, has died at the age of 111, the Ministry of Defence said on Saturday. Patch, described by his biographer as having a good sense of humour and a "twinkle in his eye", died in a re
Published 26 Jul, 2009 12:00am
Japan ruling party scores hit with campaign cartoon

Japan ruling party scores hit with campaign cartoon

An animated cartoon from Japan's unpopular ruling party portraying its rival's leader as a smooth-talking suitor wooing a woman with fuzzy promises is proving a hit on the Internet before a national election. Over a candlelit dinner, a wavy-haired man res
Published 26 Jul, 2009 12:00am
Five killed in Japan landslides, floods

Five killed in Japan landslides, floods

At least five people died and three were reported missing after a new spell of torrential rain caused floods and landslides in Japan overnight, police said Saturday. The deaths come after a series of landslides and floods earlier this week killed 15 peopl
Published 26 Jul, 2009 12:00am
Iran hangs two members of rebel group

Iran hangs two members of rebel group

Iran hanged two members of a Sunni rebel group in prison on Saturday for killings and attacks in a volatile south-eastern area, the official IRNA news agency reported. The hanging of the two members of Jundollah (God's soldiers), followed the execution of
Published 26 Jul, 2009 12:00am
Nato states decide to maintain A400M military transporter project

Nato states decide to maintain A400M military transporter project

The defence ministers of seven Nato countries meeting in the French city of Nice decided Friday not to abandon the troubled Airbus A400M military transport plane project, a German Defence Ministry spokesman said.The meeting was called because several coun
Published 26 Jul, 2009 12:00am
China launches Arabic TV channel

China launches Arabic TV channel

China Saturday launched an international Arabic-language television channel as part of an ambitious programme to promote the communist country's views abroad. State-run China Central Television (CCTV) said the new service would broadcast news, entertainme
Published 26 Jul, 2009 12:00am
Son of defeated Iran candidate ally killed

Son of defeated Iran candidate ally killed

The son of an advisor to Iran's defeated conservative presidential candidate Mohsen Rezaie was killed in a Tehran prison after being detained in post-election unrest, a reformist website said on Saturday. "Mohsen Ruholamini, the son of Abdolhossein Ruhola
Published 26 Jul, 2009 12:00am
Lockerbie bomber seeks release on compassionate grounds

Lockerbie bomber seeks release on compassionate grounds

The man convicted of the 1988 Lockerbie plane bombing, who has prostate cancer, has appealed to the Scottish government to free him on compassionate grounds, it said Saturday. Former Libyan agent Abdelbaset Ali Mohmet al-Megrahi is serving life with a min
Published 26 Jul, 2009 12:00am
Saudi Arabia signs $500 million contract with China

Saudi Arabia signs $500 million contract with China

The Saudi Ministry of Education has signed a 2 billion riyal ($533 million) contract with the China Railway Construction Corporation to build schools in the oil rich kingdom. Faisal bin Moamer, the Saudi deputy minister of education, told the Saudi Press
Published 26 Jul, 2009 12:00am
Venezuela providing fake documents to Iranians: Israel

Venezuela providing fake documents to Iranians: Israel

A top Israeli diplomat for Latin America on Friday accused Venezuela of giving fake documents to Iranians to help facilitate their travel in the region, Argentine Jewish news media said. "Venezuela is offering fake documents to the Iranians," Dorit Shavit
Published 26 Jul, 2009 12:00am
Labour rebels blame Brown for poll defeat

Labour rebels blame Brown for poll defeat

Prime Minister Gordon Brown came under attack from within his own Labour Party on Saturday, as some blamed him for its latest humiliating electoral defeat. A small number of senior Labour members of parliament (MPs) accused him of being out of touch with
Published 26 Jul, 2009 12:00am
Protesters call for end to Iranian rights abuses

Protesters call for end to Iranian rights abuses

Protesters across the world on Saturday called on Iran to end its clampdown on opposition activists, demanding the release of hundreds rounded up during demonstrations against the country's disputed election. Groups including Human Rights Watch and Amnest
Published 26 Jul, 2009 12:00am
Dollar looks to rebound after tough week

Dollar looks to rebound after tough week

Strong corporate results have done wonders for market confidence this week, pushing investors to ditch the safe-haven dollar for higher-yielding currencies, but the greenback may be due for a modest rebound in the week ahead. The second quarter has been k
Published 26 Jul, 2009 12:00am
U-16 Football Championship: Karachi Yellow walkover Fata 5-1

U-16 Football Championship: Karachi Yellow walkover Fata 5-1

Karachi Yellow trashed Federally Administered Tribal Area (Fata) 5-1 to cement their place in the final of 7th National Under-16 Football Championship at the Punjab Football Stadium, Ferozpur Road on Saturday. Karachi Yellow-striped team under Hassan Balo
Published 26 Jul, 2009 12:00am
HBL defeat NBP 3-2 in PPFL

HBL defeat NBP 3-2 in PPFL

KASB Pakistan Premier Football League (PPFL) 2009 exploded into action with a thriller between National Bank of Pakistan (NBP) and 1982 National Champions Habib Bank Limited (HBL) that HBL won 3-2 on Saturday. Bashir Shakir-led HBL took little time to set
Published 26 Jul, 2009 12:00am
Garate takes Ventoux stage

Garate takes Ventoux stage

Alberto Contador was poised to win his second Tour de France after controlling his main rivals in the 167km and penultimate stage to Mont Ventoux on Saturday. Spain's Juan Manuel Garate won the most prestigious stage of the race on the slopes of the class
Published 26 Jul, 2009 12:00am
Beckham slapped with fine for confronting Galaxy fans

Beckham slapped with fine for confronting Galaxy fans

Los Angeles Galaxy's David Beckham was slapped with a 1,000 dollar fine Friday for provoking his own team's fans during the Galaxy's 2-2 draw with AC Milan at the Home Depot Center. Major League Soccer commissioner Don Garber fined the Galaxy midfielder f
Published 26 Jul, 2009 12:00am
Second time lucky for Cleri in 25km race

Second time lucky for Cleri in 25km race

Valerio Cleri easily clinched the men's open water 25km world title on Saturday to more than make up for missing a medal in the 10km race. The Italian won in five hours 26 minutes to roars of delight from the home crowd on Ostia beach, with Australia's Tr
Published 26 Jul, 2009 12:00am
United continue talent search in China

United continue talent search in China

Manchester United continue to search for talent in China despite the failure of striker Dong Fangzhuo to flourish at the club, coach Sir Alex Ferguson said Saturday. The Chinese international left the English Premier League champions last year after a fru
Published 26 Jul, 2009 12:00am
Top Bolivia club fires coach for playing 12-year-old son

Top Bolivia club fires coach for playing 12-year-old son

The father of a 12-year-old boy who last week became the world's youngest professional footballer has been fired as coach of the Bolivian first division side. Former World Cup star Julio Cesar Baldivieso has been forced out by bosses of his club Aurora fo
Published 26 Jul, 2009 12:00am
Bangladesh look to keep winning at newest venue

Bangladesh look to keep winning at newest venue

Bangladesh hope to christen international cricket's newest venue with victories in the first three one-dayers against West Indies on Sunday at Windsor Park here. The Tigers would have probably had low expectations prior to their arrival in the Caribbean,
Published 26 Jul, 2009 12:00am
Australian tour of New Zealand cut short due to IPL

Australian tour of New Zealand cut short due to IPL

Australia's cricket tour of New Zealand next year has been cut short in order for players to play at least some part in the lucrative Indian Twenty20 league, according to a local media report on Saturday. The Australians were scheduled to tour New Zealand
Published 26 Jul, 2009 12:00am
ECB dismiss Pietersen IPL injury claims

ECB dismiss Pietersen IPL injury claims

The England and Wales Cricket Board (ECB) on Saturday dismissed claims that Kevin Pietersen aggravated his Achilles injury by going against medical advice while playing in the Indian Premier League (IPL) last April. Pietersen has been ruled out of the fin
Published 26 Jul, 2009 12:00am
Sangakkara regains top test batsman ranking

Sangakkara regains top test batsman ranking

Sri Lankan skipper Kumar Sangakkara has regained the number one ranking among test batsmen after scoring 130 not out on Friday to help draw the final test against Pakistan in Colombo. The 31-year-old, who rose to the top spot in late 2007 and again during
Published 26 Jul, 2009 12:00am
Ponting surprised by Lord's heckling

Ponting surprised by Lord's heckling

Australia captain Ricky Ponting admitted Saturday that he had been surprised by the aggressive nature of the crowd at Lord's during the second Ashes Test against England. Ponting was frequently booed, a treatment he had not expected to experience at the h
Published 26 Jul, 2009 12:00am
Pakistan to decide on legal notice to ICC next week

Pakistan to decide on legal notice to ICC next week

Pakistan on Saturday said reports that it was withdrawing a legal notice against cricket's governing body over the relocation of its share of World Cup matches were "premature". Pakistan Cricket Board (PCB) chairman Ijaz Butt told AFP a decision is yet to
Published 26 Jul, 2009 12:00am
Two Nato soldiers, over a dozen Afghan militants killed: US

Two Nato soldiers, over a dozen Afghan militants killed: US

Two Nato soldiers and more than a dozen rebels have been killed in Afghanistan, the military said Saturday, with Taliban-linked violence spiralling weeks before presidential elections. A British soldier was killed when a bomb exploded on Saturday in the s
Published 26 Jul, 2009 12:00am
Two Chinese local officials sacked over riot: report

Two Chinese local officials sacked over riot: report

Two local officials in central China were sacked Saturday following the death of a man last month which sparked a riot in which thousands of people clashed with security forces, state media said. Zhong Ming, secretary of the Shishou city committee of the
Published 26 Jul, 2009 12:00am
30,000 China steelworkers in deadly clash

30,000 China steelworkers in deadly clash

Some 30,000 Chinese steelworkers clashed with police in a protest over plans to merge their mill with another company and beat the company's general manager to death, a human rights monitor said Saturday. Several hundred people were injured in the clash F
Published 26 Jul, 2009 12:00am
LHC forms 12 DBs, 25 SBs for next week

LHC forms 12 DBs, 25 SBs for next week

The Chief Justice of Lahore High Court (LHC), Justice Khawaja Muhammad Sharif, has constituted 12 new Division Benches (DBs) and 25 Single Benches (SBs) to hear the cases at Principal seat in the next week commencing from July 27, 2009.
Published 26 Jul, 2009 12:00am
Seminar on 'de-radicalisation, engagement of youth' from July 28

Seminar on 'de-radicalisation, engagement of youth' from July 28

A two-day international seminar on "De-radicalisation and engagement of youth" in Pakistan will be held here on July 28-29. The event would address the root causes of radicalisation in Pakistan, impacts and opportunity cost, de-radicalisation through Ulem
Published 26 Jul, 2009 12:00am
'Movement for Saraiki province soon to be launched'

'Movement for Saraiki province soon to be launched'

An effective movement for the formation of Saraiki province would be launched in coming future, as legal experts are being consulted to approach Supreme Court for this purpose. These views were expressed by Federal Minister for Defence Production, Sardar
Published 26 Jul, 2009 12:00am
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