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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-03-06
Indian rupee snaps two-day fall

Indian rupee snaps two-day fall

The Indian rupee snapped a two-day fall against the greenback to end firmer on Friday as a cash dollar shortage ebbed and demand from importers of defence equipment and state-run oil companies eased, dealers said.
Published 06 Mar, 2004 12:00am
Turkish worker killed in Kabul

Turkish worker killed in Kabul

A Turkish engineer working on a US-funded road project was killed and another was kidnapped in southern Afghanistan on Friday in an ambush officials blamed on Islamic militants.
Published 06 Mar, 2004 12:00am
Zahir Shah meets Indian president

Zahir Shah meets Indian president

Afghanistan's former king Mohammed Zahir Shah, who underwent medical treatment last month in New Delhi, held talks with Indian President Abdul Kalam Friday on enhancing co-operation between the two nations, a presidential spokesman told AFP.
Published 06 Mar, 2004 12:00am
South Korean party may try to impeach Roh

South Korean party may try to impeach Roh

The party that brought South Korean President Roh Moo-hyun to power pledged on Friday to seek his impeachment if he does not apologise for what they called partisan election comments.
Published 06 Mar, 2004 12:00am
UN Myanmar visit raises reconciliation hopes

UN Myanmar visit raises reconciliation hopes

For the first time in years, Myanmar opposition groups and analysts dared to hope on Friday there is a possibility of reconciliation in the long-fragmented nation ruled by the military for more than four decades.
Published 06 Mar, 2004 12:00am
Postal stamp fuss revives Japan-Korea islet dispute

Postal stamp fuss revives Japan-Korea islet dispute

A group of Japanese lawmakers applied on Friday to buy customised postage stamps showing a group of islets claimed by both Japan and South Korea in a long-standing territorial row.
Published 06 Mar, 2004 12:00am
Cholesterol drugs can cut strokes

Cholesterol drugs can cut strokes

Cholesterol-lowering drugs can reduce the number of strokes by a third and should be included in international guidelines on treating a health problem that kills millions of people each year, scientists said on Friday.
Published 06 Mar, 2004 12:00am
New Russian Prime Minister aims for reshuffle

New Russian Prime Minister aims for reshuffle

Russia's new prime minister, Mikhail Fradkov, pledged on Friday to slim down and reshuffle the government and tackle a lumbering bureaucracy that is stifling the nation's economic potential.
Published 06 Mar, 2004 12:00am
Sri Lanka Tamil rebels face turmoil over split

Sri Lanka Tamil rebels face turmoil over split

Sri Lanka's Tamil Tiger rebels sought on Friday to contain an internal rift that could threaten moves to restart peace talks, after reports a renegade commander had demanded a separate cease-fire with the government.
Published 06 Mar, 2004 12:00am
US defends controversial Middle East reform plans

US defends controversial Middle East reform plans

A senior US diplomat defended Friday Washington's controversial "Greater Middle East" initiative for reform in the region, which has sparked criticism in the Arab world and reservations in Europe.
Published 06 Mar, 2004 12:00am
Russia must remove Moldova troops for treaty: US

Russia must remove Moldova troops for treaty: US

Russia must withdraw its troops and forces from the former Soviet state of Moldova to ratify a treaty limiting conventional forces in Europe, a senior US diplomat said on Friday.
Published 06 Mar, 2004 12:00am
Mummy of Tibetan monk found in Himalayas

Mummy of Tibetan monk found in Himalayas

A mummy of a Tibetan Buddhist monk, believed to be about 500 years old, has been found in India's northern Himalayan state of Himachal Pradesh, the Hindustan Times.com website reported.
Published 06 Mar, 2004 12:00am
Dollar extends recent gains in London

Dollar extends recent gains in London

The dollar extended recent gains to four-month highs on the yen and held fairly steady versus the euro on Friday on expectations the United States would report jobs data later that could hasten US interest rate hikes.
Published 06 Mar, 2004 12:00am
Sterling surges verses dollar

Sterling surges verses dollar

Sterling surged more than two cents against the dollar on Friday as a surprisingly weak US jobs report sent the US currency tumbling across the board.
Published 06 Mar, 2004 12:00am
China to boost military strength

China to boost military strength

China will strengthen its military and build up its arsenal of high-tech weaponry, Prime Minister Wen Jiabao said Friday at the opening of the annual session of parliament.
Published 06 Mar, 2004 12:00am
Asian currencies weaker but outperform yen

Asian currencies weaker but outperform yen

Asian currencies weakened slightly on Friday ahead of key US jobs data but outperformed the yen, which was undermined by wariness of Japanese intervention.
Published 06 Mar, 2004 12:00am
Australian dollar slips

Australian dollar slips

The Australian dollar circled the 75 US cent mark for most of Friday's local session, holding its ground after this week's steep fall as the US dollar was buoyed by expectations of an upbeat US employment report.
Published 06 Mar, 2004 12:00am
Dollar climbs against yen with traders wary of Japan

Dollar climbs against yen with traders wary of Japan

The dollar climbed steeply against the yen on Thursday as traders were wary of Japanese yen-weakening intervention, but rose more modestly against the euro as traders took positions ahead of Friday's US payrolls report.
Published 06 Mar, 2004 12:00am
Dollar hits four-month high against yen ahead of key US data

Dollar hits four-month high against yen ahead of key US data

The dollar extended its month-long rally on Friday, hitting a four-month high versus the yen on hopes for strong US jobs data later in the day and on growing speculation that Japan would continue intervening in the market.
Published 06 Mar, 2004 12:00am
Swiss franc firms ahead of US jobs data

Swiss franc firms ahead of US jobs data

The Swiss franc rose slightly on Friday from near three-month lows against the dollar ahead of key US jobs data that will be eyed for new evidence about the strength of the US recovery.
Published 06 Mar, 2004 12:00am
Chinese yuan notches weaker

Chinese yuan notches weaker

The yuan ended two notches weaker versus the US dollar at 8.2772 on Friday, remaining near the stronger end of its managed trading range.
Published 06 Mar, 2004 12:00am
Hong Kong dollar ends steady

Hong Kong dollar ends steady

The Hong Kong dollar was little changed on Friday near a five-month low as players awaited key US jobs data due later in the day.
Published 06 Mar, 2004 12:00am
FTSE-100 trims week's gain on grim US data; Shell dips

FTSE-100 trims week's gain on grim US data; Shell dips

Britain's top shares fell on Friday, trimming the week's strong gains as oil titan Shell came under pressure and sluggish growth in US employment rattled confidence in a revival in the world's biggest economy.
Published 06 Mar, 2004 12:00am
Corporate bonds steady after weak US data

Corporate bonds steady after weak US data

Despite a surprising drop in US February payrolls data, European corporate bonds held steady on Friday, as thin volumes prevented the credit market from showing a heated reaction.
Published 06 Mar, 2004 12:00am
Corporate bonds steady after weak US data

Corporate bonds steady after weak US data

Despite a surprising drop in US February payrolls data, European corporate bonds held steady on Friday, as thin volumes prevented the credit market from showing a heated reaction.
Published 06 Mar, 2004 12:00am
US Stocks: Friday's unofficial close

US Stocks: Friday's unofficial close

Stocks zigzagged near unchanged Friday as investors weighed expectations for low interest rates with concerns over the health of the job market after February's surprisingly weak employment report.
Published 06 Mar, 2004 12:00am
Indian key stock index rises on ONGC issue

Indian key stock index rises on ONGC issue

India's key stock index rose to a two-week closing high on Friday as investors cheered the huge response to the nation's record share issue, which was oversubscribed within minutes of the offer opening.
Published 06 Mar, 2004 12:00am
Tourism promotion stressed

Tourism promotion stressed

Pakistan has quite a number of places that are famous for scenic beauty and as health resorts and there is a need for their adequate publicity in order to help promote tourism in the country.
Published 06 Mar, 2004 12:00am
An indecent union

An indecent union

It may be hard to believe but it is true that almost all the major political parties in this country have unblushingly united on an anti-democracy stand.
Published 06 Mar, 2004 12:00am
Tall claims

Tall claims

Talking to journalists at a workshop on environmental issues, jointly organised by the Ministry of Environment and UNDP, State Minister for Environment, Major Tahir Iqbal (Retd), disclosed that the government had decided to allocate over Rs 500 million fo
Published 06 Mar, 2004 12:00am
China banks on reforming rural credit coops

China banks on reforming rural credit coops

With a coal-heated stove and two iron woks among the most prominent features of Tuanshuitou's spartan banking hall, it is no wonder locals say they have lost faith in the local Rural Credit Co-operative.
Published 06 Mar, 2004 12:00am
PIA's ad hoc schedules

PIA's ad hoc schedules

My family was to travel from Lahore to London by PK 757 of Tuesday. They held confirmed seats for a scheduled Boeing 747 flight. However, some bright guy sitting in PIA decided to put the new Boeing 777, which has about 100 seats less than B747.
Published 06 Mar, 2004 12:00am
A pensioner's plight

A pensioner's plight

The Government announced increase in pension in the Federal Budget 2003 - 2004.
Published 06 Mar, 2004 12:00am
Arabian Sea

Arabian Sea

Please refer to the letter "Contentious water issues" published in your esteemed paper on 28.2.2004.
Published 06 Mar, 2004 12:00am
Trading in peace - can India and Pakistan do business?

Trading in peace - can India and Pakistan do business?

The year is 2010. Business between India and Pakistan is flourishing. Banking and telecoms links wedding the two former enemies have proliferated. Trade disputes replace military disputes.
Published 06 Mar, 2004 12:00am
Bikini islanders pay bitter sweet visit to former home

Bikini islanders pay bitter sweet visit to former home

For the 40 or so ageing Bikini islanders, it was a rare but bittersweet visit to their former home this week to mark the 50th anniversary of the hydrogen bomb test over the Pacific atoll they evacuated more than half a century ago.
Published 06 Mar, 2004 12:00am
Partly Facetious: Straw's mission in Islamabad

Partly Facetious: Straw's mission in Islamabad

"What in the world is Poodle's emissary doing in Islamabad! I mean who invited him? We don't have to put up with bad manners from him surely! I mean it's OK to take it from the Poodle's master - Bush."
Published 06 Mar, 2004 12:00am
Slic likely to earn Rs 10 billion profit for 2003

Slic likely to earn Rs 10 billion profit for 2003

The State Life Insurance Corporation of Pakistan (Slic) is expected to earn a profit of Rs 10 billion during the calendar year 2003. This was stated by the Slic's chairman, Rasool Bakhsh Baloch, here on Friday.
Published 06 Mar, 2004 12:00am
Sindh EPA denies threat to wildlife

Sindh EPA denies threat to wildlife

Sindh Environmental Protection Agency authorities have strongly dispelled the impression regarding potential threat to environment and wildlife as an aftermath of Thar Coal Project in district Tharparkar district.
Published 06 Mar, 2004 12:00am
Strict measures to be taken during Pak-India series

Strict measures to be taken during Pak-India series

Pakistan Cricket Board Chairman Shaharyar M. Khan has said that strict measures would be taken during the Indian tour to Pakistan and people would not be allowed to take their mobile phones or any sort of solar equipment in stadiums.
Published 06 Mar, 2004 12:00am
General Yusaf lauds efforts of FWO

General Yusaf lauds efforts of FWO

Vice Chief of Army Staff, General Mohammad Yusaf Khan, has commended the efforts of all ranks of Frontier Works Organisation (FWO) on completion of Pasni-Gawadar project ahead of schedule while ensuring requisite standards.
Published 06 Mar, 2004 12:00am
Iraq constitution signing delayed

Iraq constitution signing delayed

Last-minute objections by five Shia leaders forced the indefinite postponement of Friday's signing of an interim constitution for Iraq, threatening US plans to hand sovereignty back to Iraqis on June 30.
Published 06 Mar, 2004 12:00am
Iraq constitution signing delayed

Iraq constitution signing delayed

Last-minute objections by five Shia leaders forced the indefinite postponement of Friday's signing of an interim constitution for Iraq, threatening US plans to hand sovereignty back to Iraqis on June 30.
Published 06 Mar, 2004 12:00am
Zarqawi still in Iraq: Abizaid

Zarqawi still in Iraq: Abizaid

The suspected al Qaeda operative believed to be behind a wave of deadly attacks in Iraq is still in that country and the target of an intense manhunt, the commander of US forces in Iraq and Afghanistan said on Thursday.
Published 06 Mar, 2004 12:00am
Blair on the defensive over Iraq

Blair on the defensive over Iraq

Prime Minister Tony Blair made an impassioned defence Friday of his decision to take Britain to war in Iraq, insisting that it was the right move given the nature of the threat from global terrorism.
Published 06 Mar, 2004 12:00am
Russian engineers gave missile aid to Iraq

Russian engineers gave missile aid to Iraq

Russian engineers secretly aided Saddam Hussein's long-range ballistic missile programme, the New York Times reported on Friday citing American government officials.
Published 06 Mar, 2004 12:00am
Malaysia to hold election on March 21

Malaysia to hold election on March 21

Multi-racial Malaysia on Friday set a general election for March 21, with new Prime Minister Abdullah Ahmad Badawi sure of victory but needing to recapture Muslim Malay votes from the Islamist opposition.
Published 06 Mar, 2004 12:00am
Brazil, India and South Africa defend 'peaceful' ties

Brazil, India and South Africa defend 'peaceful' ties

India, Brazil and South Africa on Friday said they would sit on the same side of the fence in the United Nations and World Trade Organisation (WTO), but that their "closeness" should not be viewed as a threat by other countries.
Published 06 Mar, 2004 12:00am
Victims' families press Bush to pull September 11 ads

Victims' families press Bush to pull September 11 ads

Families who lost relatives in the September 11, 2001, attacks pressed President George W. Bush's re-election campaign on Friday to stop running political ads that use images of the devastated World Trade Centre to show him as a strong leader in troubled
Published 06 Mar, 2004 12:00am
Leaders pay last respects to Macedonian president

Leaders pay last respects to Macedonian president

Leaders of Balkan and central European states paid their last respects to Macedonia's peacemaker president Boris Trajkovski on Friday ahead of his state funeral in the capital, Skopje.
Published 06 Mar, 2004 12:00am
Eight Afghan soldiers killed in attack

Eight Afghan soldiers killed in attack

Suspected Taleban guerrillas killed eight Afghan soldiers in an attack on an army post in the southern Spin Boldak district bordering Pakistan, a military commander told AFP on Friday.
Published 06 Mar, 2004 12:00am
Tasman Spirit's aft section sold for Rs 80 million

Tasman Spirit's aft section sold for Rs 80 million

The nerve breaking drama came to an end when the owners of the broken oil tanker "Tasman Spirit" Assimina Maritime Co Ltd awarded the rear portion (aft section) bid for onward breaking to Qadri Ship Breaker, a local company, for Rs 80 million on Friday.
Published 06 Mar, 2004 12:00am
Tasman Spirit's aft section sold for Rs 80 million

Tasman Spirit's aft section sold for Rs 80 million

The nerve breaking drama came to an end when the owners of the broken oil tanker "Tasman Spirit" Assimina Maritime Co Ltd awarded the rear portion (aft section) bid for onward breaking to Qadri Ship Breaker, a local company, for Rs 80 million on Friday.
Published 06 Mar, 2004 12:00am
Stewart found guilty on all counts

Stewart found guilty on all counts

Domestic trendsetter Martha Stewart, who built a media empire on tips for gracious living, was found guilty on Friday of all counts in the trial over a suspicious sale of stock where she was accused of lying to investigators.
Published 06 Mar, 2004 12:00am
Stewart found guilty on all counts

Stewart found guilty on all counts

Domestic trendsetter Martha Stewart, who built a media empire on tips for gracious living, was found guilty on Friday of all counts in the trial over a suspicious sale of stock where she was accused of lying to investigators.
Published 06 Mar, 2004 12:00am
Curfew relaxation in Quetta

Curfew relaxation in Quetta

Curfew restrictions would remain relaxed from 8 am to 6 pm on Saturday March 6, an announcement by provincial Home Department here on Friday evening said.
Published 06 Mar, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Friday (March 05, 2004).
Published 06 Mar, 2004 12:00am
Faisal denies security agencies involved in Quetta killings

Faisal denies security agencies involved in Quetta killings

Interior Minister Faisal Saleh Hayat on Friday vehemently denied reports that 35-37 people were killed by the firing of security forces after the terrorists had struck the mourning procession in Quetta.
Published 06 Mar, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Friday (March 05, 2004).
Published 06 Mar, 2004 12:00am
Senate panel to discuss WTO challenges on March 6

Senate panel to discuss WTO challenges on March 6

The Federal Minister for Privatisation & Investment Dr Abdul Hafeez Shaikh will chair a meeting of Senate Special Committee (SSC) on 'Challenges of WTO' in Islamabad on Saturday.
Published 06 Mar, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Friday (March 05, 2004).
Published 06 Mar, 2004 12:00am
Majlis-i-Amal at helm of disintegration

Majlis-i-Amal at helm of disintegration

Muttahida Majlis-i-Amal (MMA) an amalgam of six religious-political parties has reached at the helm of disintegration as Maulana Sami-ul-Haq, Ameer Jamiat-e-Ulema-e-Islam (Sami) a component of the alliance has decided to boycott the alliance's meeting sch
Published 06 Mar, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 05, 2004).
Published 06 Mar, 2004 12:00am
Date for filing nomination papers extended

Date for filing nomination papers extended

Election Commission of Pakistan on Friday extended the date for filing nomination papers by three days for all bye-elections to the Local Govt Institutions in all the four Provinces.
Published 06 Mar, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 05, 2004).
Published 06 Mar, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Perceptional divide that besets Pakistan's politics is so deeply etched that in the fortnight-long debate in the Senate on President's address, now nearing its close, not a word has been dropped from the lips of opposition senators in favour of General Pe
Published 06 Mar, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 05, 2004).
Published 06 Mar, 2004 12:00am
Interior minister calls on Musharraf

Interior minister calls on Musharraf

Interior Minister Syed Faisal Saleh Hayat called on President General Pervez Musharraf in Rawalpindi on Friday and briefed him about the overall law and order in the country and progress of the ongoing investigations with regard to the Quetta incident.
Published 06 Mar, 2004 12:00am
Economic stability cannot be achieved without women's role

Economic stability cannot be achieved without women's role

Without involving women entrepreneurs in the economic activities through the provision of micro credit financing, the country can not achieve the target of economic stability and self-reliance, said Dr Ishrat Hussain, Governor, State Bank of Pakistan, her
Published 06 Mar, 2004 12:00am
Hearing against Allied Bank privatisation put off

Hearing against Allied Bank privatisation put off

A division bench of the Sindh High Court (SHC) comprising Justice Anwar Zaheer Jamali and Justice Gulzar Ahmed on Friday, hearing a constitution petition filed against the privatisation of Allied Bank of Pakistan Limited (ABL), ordered that no adverse act
Published 06 Mar, 2004 12:00am
'Pakistan Ideal Home' exhibition from March 10

'Pakistan Ideal Home' exhibition from March 10

In a bid to highlight the use of latest technology required for reducing the cost in housing sector, an exhibition titled "Pakistan Ideal Home" will be held in Lahore Arts Council from March 10 to 12, 2004.
Published 06 Mar, 2004 12:00am
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