Giant oil firm Royal Dutch/Shell is to unify the boards of its Dutch and British holding companies as a "minimum" concession to shareholders who want change, according to a senior industry source.
Australia's free trade pact with the United States was under threat Tuesday with the government and opposition Labour at loggerheads over legislation backing the deal ahead of a cliff-hanger election tipped for October.
Toyota Motor Corp posted a 32 percent jump in first-quarter operating profit on Tuesday as powerful sales abroad helped the maker of the Lexus luxury brand and Prius hybrid cars offset losses from a weaker dollar.
Toyota Motor Corp posted a 32 percent jump in first-quarter operating profit on Tuesday as powerful sales abroad helped the maker of the Lexus luxury brand and Prius hybrid cars offset losses from a weaker dollar.
J.P. Morgan Chase & Co said on Tuesday that a London court ordered West LB AG to pay $165 million plus interest and costs to the US bank in an Enron-related suit.
Malaysian imports leapt 38.4 percent in the year through June to hit a record 34.6 billion ringgit ($9.1 billion) as factories cranked up output to meet overseas demand, according to official data released on Tuesday.
China moved on Tuesday to avoid harsh, unintended effects of its economic cooling policies, with a top regulator and an influential newspaper saying banks should not restrict lending so much that they sent companies broke.
Ryanair, Europe's largest low-cost airline, posted an above-forecast 21-percent rise in first-quarter earnings on Tuesday but stuck with its prediction of a winter fares war which would cause an industry shake-out.
Ryanair, Europe's largest low-cost airline, posted an above-forecast 21-percent rise in first-quarter earnings on Tuesday but stuck with its prediction of a winter fares war which would cause an industry shake-out.
Thai inflation surged to a 66-month high in July, stoked by record oil prices, a weaker baht and a cut in subsidies aimed at keeping domestic gasoline prices low, the Commerce Ministry said on Tuesday.
South Korean businesses are becoming more pessimistic, according to Tuesday data that reinforced concerns about an economy also expected to suffer from rising oil prices.
US chain store sales rose modestly last week, helped by cool weather, back-to-school shopping and state sales tax holidays in Florida and Georgia, a report said on Tuesday.
US Treasury debt prices climbed moderately on Monday as unusually specific terrorism alerts from the Homeland Security Department gave safe-haven government debt a positive tilt.
US Treasury debt prices climbed moderately on Monday as unusually specific terrorism alerts from the Homeland Security Department gave safe-haven government debt a positive tilt.
Taiwan stocks edged slightly higher on Tuesday as major technology shares held firm thanks to Wall Street's staunch advance in the face of high oil prices and warnings of an al Qaeda attack on a big financial institution.
Hong Kong stocks rose more than one percent on Tuesday following strong results from HSBC although weak China plays and fund flow worries took the shine off the wider index.
US stocks rose on Monday as fears about possible attacks on US financial institutions receded and strong earnings from consumer products maker Procter & Gamble Co helped push up the blue chip Dow.
Thai stocks fell 0.93 percent on Tuesday as rising global oil prices worried the market, but PTT Exploration & Production rose on strong earnings expectations.
Jakarta stocks finished higher on Tuesday on a technical rebound, but analysts said trading would remain weak until the second round of the presidential elections in September were over.
Manila shares slipped on Tuesday, weighed down by high oil prices and US security concerns, but dominant telecoms company Philippine Long Distance Telephone Co (PLDT) rose on solid earnings results.
Singapore share prices closed 1.29 percent higher on Tuesday on hopes the government will unveil new business-friendly policies on the city-state's 39th anniversary next week, dealers said.
Tokyo's Nikkei share average fell for a second day to close 0.73 percent lower on Tuesday, with small investors rushing to sell as the outlook for global markets worsened on growing uncertainty over oil prices and security.
Malaysian blue chip shares ended down 0.24 percent on Tuesday for second straight day of losses as concerns about security and sky-high oil prices weighed on the market, though stocks like Berjaya Land gained.
The Swiss franc eased against the dollar in early trade on Tuesday as the greenback was buoyed by strong US economic data, recovering from Monday's losses suffered on the back of security warnings in the United States.
The dollar inched up against other major currencies on Tuesday, helped by a report showing a generally healthy US manufacturing sector in the lead-up to crucial US employment data due later in the week.
The dollar weakened on Monday due to market nervousness about fresh security concerns, but it trimmed some of those losses after a report showing a generally healthy US manufacturing sector.
Asian currencies were hit by record-high oil prices and a softer yen on Tuesday, heading back towards the lows of last week which had prompted suspected central bank intervention.
The Hong Kong dollar hovered near the bottom of its recent range against the US unit on Tuesday afternoon in moderate trading volume as investors awaited this week's US employment report for fresh leads. The local currency eased to 7.7998/99 per US dollar
The Thai government on Tuesday promised to pay compensation to the families of 32 militants massacred in a mosque on the bloodiest day of the country's resurgent separatist uprising.
A record number of candidates is set to run in Hong Kong's September legislative elections, which analysts expect will be the fiercest electoral battle ever between pro-China politicians and democracy forces.
Palestinian militant group Hamas will begin talks with Egyptian officials on Wednesday about Cairo's offer of a security role in Gaza if Israel carries out a plan to evacuate the occupied territory, Hamas sources said.
South Korea voiced regret on Tuesday at the communist North's failure to show up for ministerial talks in Seoul, urging Pyongyang to reschedule the meetings to keep key economic projects on track.
A woman whose husband allegedly tried to kill her as she could not bear him a child was rescued three days after being buried alive in a pit in the eastern Indian state of West Bengal, police said Tuesday.
Demonstrators protested outside Russia's parliament building Tuesday as deputies prepared to vote on a controversial shake-up of the country's Soviet-designed benefits system.
Seven Chinese sailors were arrested Tuesday after allegedly kidnapping a Taiwanese skipper and three crew members in a mutiny aboard a fishing boat, the Coast Guard Administration (CGA) said.
Rebels masquerading as Arab militia have killed 28 Arab tribesman in attacks in western Sudan over the last week, a Sudanese official and Arab tribal leader from the area said on Tuesday.
Jordan would consider sending troops to troubled Iraq if Baghdad made a request for an Arab force to replace the US-led coalition, King Abdullah II told Al-Arabiya satellite channel on Tuesday.
Several more Danish soldiers are under investigation for the suspected abuse of prisoners during interrogations at Camp Eden in southern Iraq, the Danish Army said on Tuesday.
The death toll from a supermarket blaze in Paraguay jumped to 423 on Tuesday and officials said a guard received orders by radio during the fire to lock the exit doors, apparently to stop people leaving without paying.
Nudged by the United States, Japan will host multinational sea exercises in October as part of an initiative to stop the spread of weapons of mass destruction, even though analysts say the move could hurt talks with North Korea, an unspoken focus of the d
Malaysian Prime Minister Abdullah Ahmad Badawi on Tuesday urged religious leaders to preach moderation and resist extremists who, he said, were seeking to hijack religion to promote hatred and violence.
The powerful head of the Algerian army, General Mohamed Lamari, resigned on Tuesday, officially on grounds of illness, in a move observers saw as strengthening the position of President Abdelaziz Bouteflika.
Britain resisted calls to match America's high state of alert after warnings that al Qaeda bombers might strike and played down concerns on Tuesday of an immediate security threat.
Nasa launched its first mission to the planet Mercury in a generation early on Tuesday, one that scientists hope will strip away much of the mystery surrounding the tiny planet closest to the sun.
US soldiers who abused Iraqi prisoners at the notorious Abu Ghraib prison did it for fun, a military investigator testified on Tuesday at the start of a hearing in the case of a female soldier photographed holding a naked Iraqi on a leash.
Much of the information obtained from al Qaeda that led the United States to raise terror alerts in Washington and New York was at least three years old but a top US official said on Tuesday it remained relevant.
At least 12 people were killed and an as yet undetermined number injured or missing after a tunnel they were digging collapsed in the northern Indian state of Uttaranchal, police said Tuesday.
An Irish national has been killed in his office in the eastern sector of the Saudi capital of Riyadh, Al-Arabiya satellite news channel reported on Tuesday.
Russia's nuclear arsenal is safe and militants could never steal an atomic bomb from the country, Defence Minister Sergei Ivanov was quoted as saying on Tuesday.
South Asia's worst floods in 15 years are receding after killing around 1,370 people across the region and should be over soon, weather officials said on Tuesday.
Three Palestinians were killed and 17 wounded Tuesday by a massive explosion during an Israeli army incursion into the flash-point southern Gaza Strip town of Rafah.
A team from the International Committee of the Red Cross, including a doctor, has visited former Iraqi president Saddam Hussein in detention for the fourth time, the organisation said Tuesday.
The US Securities and Exchange Commission said on Tuesday it charged Halliburton Co, formerly headed by US Vice President Dick Cheney, with failing to disclose a 1998 accounting change.
The Statue of Liberty opened to the public Tuesday for the first time since the September 11 attacks in 2001, but the monument's crown remained closed to hordes of tourists who grabbed the first boats out.
US oil prices hovered close to record levels just below $44 a barrel on Tuesday as the head of the Opec producers' cartel said there was little the group could do to cool the red-hot market for the time being.
Sri Lankan stocks climbed to a new life closing high for the third-straight day on Tuesday, driven mainly by retail buying in property stocks, brokers said.
US stocks fell Tuesday as surging oil prices and a weak report on consumer spending dragged on investor sentiment. NYMEX crude oil futures hit a record-high above $44 a barrel on worries of scarce supplies.
Seoul shares closed nearly 1 percent higher on Tuesday as sustained foreign buying lifted Samsung Electronics and other technology issues and as take-over talk rekindled interest in shares of local brokerages.
Bonds of Internet bank Egg made strong gains in the European corporate bond market on Tuesday as parent Prudential said it had failed to find a buyer for the bank willing to meet its price demands.
Bonds of Internet bank Egg made strong gains in the European corporate bond market on Tuesday as parent Prudential said it had failed to find a buyer for the bank willing to meet its price demands.
Stronger oil shares pushed Britain's leading equities to a higher close on Tuesday as US crude prices touched 21-year highs, but financial shares were weak following results from Royal Bank of Scotland.
Sterling slid from six-week peaks against the euro on Tuesday as signs of a slowdown in British consumer spending raised doubts over the pace of future interest rate rises.
The dollar held near 6-week peaks versus the euro on Tuesday, keeping firm after the previous session's upbeat US manufacturing survey offered it support ahead of key data this week, while high oil prices hurt the yen.
Russian white sugar output from imported raw and domestic beets is set to decline this year due to insufficient government measures aimed at protecting domestic beet growers and refiners, an analyst said on Tuesday.
Coffee sellers in Vietnam are holding back from entering deals in anticipation thinning stocks and a delayed harvest will boost prices, traders said on Tuesday.
London Metal Exchange (LME) prices were loosely held in ranges in nervous trading on Tuesday, as supply worries encouraged buying, while scaled-up selling capped bolder advances, traders said.
NYBOT cotton futures settled near session highs Tuesday on speculative and options-related buying, with some analysts saying the market should ride technical buying higher although fundamentals remain cloudy, dealers said.
South Africa is in line to ship between 150,000 and 200,000 tonnes of maize to rain-starved Kenya over the coming months, shippers said on Tuesday, offering a much-needed boost to the industry's ailing export sector.
London sugar futures closed little changed on fund buying against producer selling on Tuesday. Front-month October finished at $254.6, down by $0.4 in volume of 1,925 lots. December settled down $0.4 at $254.6 in turnover of 270 lots.
London coffee futures were little changed on Tuesday as roaster buying and short-covering by small speculators countered negative pressure from fund selling, dealers said.
US oil prices hit fresh record highs above $44 a barrel on Tuesday after the head of the Opec producers cartel said there was no extra oil around the corner to dampen red-hot markets.
US oil prices hit fresh record highs above $44 a barrel on Tuesday after the head of the Opec producers cartel said there was no extra oil around the corner to dampen red-hot markets.
NYBOT cocoa futures ended higher Tuesday, settling at a near eight-month peak, after another burst of fund buying on concerns over a lack of rain in the worlds largest cocoa producer, traders said.
NYBOT raw sugar futures closed mixed Tuesday as the market took a breather after rallying to a 17-month high, with bullish fundamentals and robust fund interest seen propelling sugar higher in the days ahead, brokers said.
Soft red winter (SRW) wheat futures at the Chicago Board of Trade turned lower Tuesday morning on spill-over pressure from a significant decline in soybean futures, traders said.
Corn futures at the Chicago Board of Trade were lower early Tuesday on spill-over weakness from soybeans and prospects for a huge 2004 US corn crop, traders said.
Chicago Board of Trade soyabean futures declined on Tuesday on weak cash basis markets and as ideal US crop weather pointed to good plant development, brokers said.
COMEX copper futures slipped Tuesday morning on a bout of technical selling a day after charging up a 4-month peak, but trimmed losses when a sharper-than-expected decline in US consumer spending data lifted the euro, traders said.
COMEX gold fell Tuesday morning, then steadied on weak US economic figures after safe-haven purchases were ditched on newspaper reports that Sundays increased US terror threat level was partly based on information obtained from al Qaeda years ago.
Forman Christian College grew from a primary school for boys, which was later known as Rang Mahal Mission High School. Dr Charles W. Forman, a Presbyterian missionary from the USA, founded Forman Christian College in 1864 then named as the Lahore Mission
Presbyterian missionaries founded Forman Christian College in 1864. Since August 1947, it has served Pakistan with distinction. The graduates of the college have had a profound impact upon Pakistan as they have taken positions of leadership in government,
The Senate Standing Committee on Interior, which met under the chairmanship of Senator Ayaz Khan Mandokhail in the Parliament House on Tuesday, has taken strong exception to the attitude of the minister for Interior and secretary Interior for not attendin
Pakistan's Ambassador to United Nations, Munir Akram said on Tuesday that Sudanese government should be given sufficient time to fulfil its international commitments before taking any stern action.
A meeting to review the flood situation and for devising of precautionary measures in case of emergency was held here at DCO Office Tank on Tuesday which was chaired by Syed Mohsin Shah DCO.
Punjab police have arrested a hitman of banned "Sipah-i-Muhammad" after nine years who was allegedly involved in killing three worshippers in Islah-ul-Muslimeen Mosque, Karampur in Vehari district, some 80 km south-east of Multan.
Director General, Inter Services Public Relations (ISPR), Major General Shaukat Sultan has said that some local chieftains want to pocket all the money earned through natural resources of Balochistan.