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Print - 2004-09-02
Bomb wounds six people in Bangladesh town

Bomb wounds six people in Bangladesh town

At least six people were injured when a bomb exploded in a town north of Dhaka on Wednesday, 11 days after a deadly grenade attack at an opposition rally in the capital killed 19, police said.
Published 02 Sep, 2004 12:00am
US arms sales to Taiwan key obstacle in relations: China

US arms sales to Taiwan key obstacle in relations: China

US arms sales to Taiwan are the main obstacle to developing Sino-US relations and should be re-examined if ties are to make progress, a senior Chinese official was quoted as saying Wednesday.
Published 02 Sep, 2004 12:00am
Russia sends troops to guard nuclear sites

Russia sends troops to guard nuclear sites

Russia deployed extra troops to guard dozens of nuclear facilities across the country on Wednesday after militants seized a school in the south and a suicide bomb attack in Moscow, the nuclear authority said.
Published 02 Sep, 2004 12:00am
Annan calls for more troops to monitor Darfur

Annan calls for more troops to monitor Darfur

The United Nations called on Wednesday for more international troops to monitor the crisis in Sudan's Darfur region, saying Khartoum had failed to stop attacks against civilians by marauding militia.
Published 02 Sep, 2004 12:00am
Noise, air pollution boost heart attack risk

Noise, air pollution boost heart attack risk

Air and noise pollution increase the risk of heart attacks, raising the likelihood that susceptible people will suffer severe cardiological problems, according to new research presented Wednesday.
Published 02 Sep, 2004 12:00am
Israel threatens Syria after Hamas bombings

Israel threatens Syria after Hamas bombings

Israel threatened Syria on Wednesday over what officials said was complicity in Palestinian suicide bombings that killed 16 people in the first such attacks in the Jewish state in nearly six months.
Published 02 Sep, 2004 12:00am
Nine killed in Indian rail-jeep collision

Nine killed in Indian rail-jeep collision

At least nine people were killed Wednesday after a collision between a train and a jeep in the northern Indian state of Uttar Pradesh, police said.
Published 02 Sep, 2004 12:00am
Australian Premier's honesty under campaign microscope

Australian Premier's honesty under campaign microscope

The focus of Australia's fledgling election campaign returned to the honesty of Prime Minister John Howard on Wednesday as an inquiry heard accusations he had lied to voters on the eve of his 2001 re-election.
Published 02 Sep, 2004 12:00am
North Koreans break into Japanese school in China

North Koreans break into Japanese school in China

Twenty-nine people, believed to be North Koreans seeking asylum, broke into a Japanese school in Beijing on Wednesday by climbing on stools and cutting through the wire perimeter fence.
Published 02 Sep, 2004 12:00am
Sri Lanka drought ends after seeking divine help

Sri Lanka drought ends after seeking divine help

Sri Lanka's prolonged drought ended with heavy rains Wednesday - shortly after the sprinkling of Buddhist holy water over drought-stricken regions, residents said.
Published 02 Sep, 2004 12:00am
Hostage drama overshadows French school return

Hostage drama overshadows French school return

France's state schools reopen on Thursday with the challenge of imposing a ban on headscarves while a death threat hangs over two French journalists held hostage by militants in Iraq.
Published 02 Sep, 2004 12:00am
China opens space centre

China opens space centre

China offered a rare glimpse of its manned space flight centre on Wednesday, drawing back - if only slightly - the veil of secrecy around China's ambitions in outer space.
Published 02 Sep, 2004 12:00am
Libya marks 35th anniversary of the Revolution

Libya marks 35th anniversary of the Revolution

Libya on Wednesday celebrated the 35th anniversary of the "September 1 Revolution" with fireworks in public squares and a two hour speech - briefer than usual - by leader Muammer Gadhafi, explaining how the world had changed, and Libya with it.
Published 02 Sep, 2004 12:00am
Cheney claims spotlight at Republican convention

Cheney claims spotlight at Republican convention

Vice President Dick Cheney, a powerful adviser to President George W. Bush but a reluctant and sometimes dull campaigner, steps into the spotlight on Wednesday in a nationally televised address to the Republican convention.
Published 02 Sep, 2004 12:00am
'Iran readies big batch of uranium for enrichment'

'Iran readies big batch of uranium for enrichment'

The United Nations said on Wednesday Iran planned to convert a large amount of raw "yellowcake" uranium into uranium hexafluoride, which one nuclear expert said would be enough to build five atomic bombs.
Published 02 Sep, 2004 12:00am
One dies in Nepal protest against Iraq killings

One dies in Nepal protest against Iraq killings

Nepali police shot dead a man on Wednesday for violating a curfew imposed after mobs attacked a mosque in Kathmandu and rampaged on the streets chanting "Down with Islam" to protest the killing of 12 Nepalis in Iraq.
Published 02 Sep, 2004 12:00am
Afghanistan and India sign pact for training of diplomats

Afghanistan and India sign pact for training of diplomats

Afghan diplomats will be trained by Indian officials under an agreement signed here Wednesday by Afghan Foreign Minister Abdullah Abdullah and his Indian counterpart Natwar Singh, an official said.
Published 02 Sep, 2004 12:00am
US Army sergeant charged in Afghan prisoner abuse

US Army sergeant charged in Afghan prisoner abuse

The US military charged an Army sergeant with prisoner abuse and investigators are considering charges against other soldiers in the deaths of two prisoners in Afghanistan, an Army official said on Wednesday.
Published 02 Sep, 2004 12:00am
Advani held and freed after protest

Advani held and freed after protest

Police briefly detained Indian opposition leader Lal Krishna Advani on Wednesday as he led a protest to seek the release of a firebrand party colleague arrested on charges of inciting a religious riot 10 years ago.
Published 02 Sep, 2004 12:00am
Mysterious tunnels found under Paris prison

Mysterious tunnels found under Paris prison

At least three reinforced tunnels were discovered earlier this month under Paris's only prison complex, prompting an inquiry as to their origin and purpose, a judicial source told AFP on Wednesday.
Published 02 Sep, 2004 12:00am
Sikhs celebrate 400-year-old holy book

Sikhs celebrate 400-year-old holy book

Sikh religious leaders, surrounded by thousands of chanting devotees, carried their holy book to Amritsar's Golden Temple on Wednesday to mark 400 years since the scripture was first brought to the north Indian shrine.
Published 02 Sep, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.
Published 02 Sep, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.
Published 02 Sep, 2004 12:00am
Sterling hits 3-1/2-month low

Sterling hits 3-1/2-month low

The pound dipped to its lowest in more than three months against the euro on Wednesday and veered towards a three-month low on the dollar after UK manufacturing and housing data showed weaker than expected growth.
Published 02 Sep, 2004 12:00am
Dollar mired just above recent lows

Dollar mired just above recent lows

The dollar struggled on Wednesday to rise from the previous day's six-week lows versus the yen and a one-week trough against the euro brought on by weak US data, as caution remained high ahead of other key releases.
Published 02 Sep, 2004 12:00am
Taiwan stocks end at near three-month high

Taiwan stocks end at near three-month high

Taiwan stocks closed 1.61 percent higher to a level not seen in nearly 3 months on Wednesday as the market resumed its tech-led rally, relieved earnings season had passed without negative surprises from major companies.
Published 02 Sep, 2004 12:00am
US Stocks: Wednesday's unofficial close

US Stocks: Wednesday's unofficial close

US tech stocks rose Wednesday as a rebound in shares of Intel Corp helped pull the Nasdaq higher and investor confidence gained ground as security concerns eased as the Republican Convention in New York winds down.
Published 02 Sep, 2004 12:00am
Seoul shares higher

Seoul shares higher

Seoul stocks rose 1.7 percent to close at their highest in almost 4 months on Wednesday, as government measures to boost weak domestic consumption sparked buying interest in banking and retail shares.
Published 02 Sep, 2004 12:00am
European corporate bonds mixed ahead of auto sales

European corporate bonds mixed ahead of auto sales

European corporate bonds were mixed on Wednesday with auto bonds weaker before key US sales data, while bonds of France Telecom crept higher after the French government said it would cut its stake in the company.
Published 02 Sep, 2004 12:00am
European corporate bonds mixed ahead of auto sales

European corporate bonds mixed ahead of auto sales

European corporate bonds were mixed on Wednesday with auto bonds weaker before key US sales data, while bonds of France Telecom crept higher after the French government said it would cut its stake in the company.
Published 02 Sep, 2004 12:00am
Oils help power FTSE-100 to two-month closing high

Oils help power FTSE-100 to two-month closing high

Britain's FTSE-100 share index ended at a two-month high on Wednesday, lifted by oil shares amid news of a slide in US crude stocks, while talk of a new offer for Abbey National stirred banks.
Published 02 Sep, 2004 12:00am
Brazilian soya crop expansion to slow

Brazilian soya crop expansion to slow

Brazil's 2004/05 (October-September) soyabean crop will expand but at a slower pace than the previous season's break-neck growth - provided prices don't recover sharply, a leading soyabean analyst said on Wednesday.
Published 02 Sep, 2004 12:00am
Europe's wheat farmers curb sales to boost price

Europe's wheat farmers curb sales to boost price

Europe's ample grain harvest has sent prices tumbling, but farmers are now holding back stocks and tightening supplies as they try to force the market higher, traders said on Wednesday.
Published 02 Sep, 2004 12:00am
Oil soars to $44 as US crude stocks slide

Oil soars to $44 as US crude stocks slide

Oil prices soared to $44 a barrel on Wednesday, ending a streak of heavy losses, as a US government report showed crude oil stocks falling to the lowest level in five months.
Published 02 Sep, 2004 12:00am
London sugar ends higher

London sugar ends higher

London white sugar futures closed higher on fund and trade buying on Wednesday, dragged up by a rally in the New York raws market to a one-month high, dealers said.
Published 02 Sep, 2004 12:00am
Coffee edges higher in structural trade

Coffee edges higher in structural trade

London robusta coffee futures ended slightly higher on Wednesday though remained range-bound after a session of mainly structural trade, dealers said.
Published 02 Sep, 2004 12:00am
London cocoa drops to two-week low on fund sell-off

London cocoa drops to two-week low on fund sell-off

London cocoa futures slumped more than five percent to a two-week low on Wednesday after a sell-off by funds with long positions came hard on the heels of a strong round of origin sales, traders said.
Published 02 Sep, 2004 12:00am
US MIDDAY: coffee advances on speculators buying

US MIDDAY: coffee advances on speculators buying

Benchmark arabica coffee futures rose about 1.9 percent on Wednesday, with speculators buying on prospects Hurricane Frances could harm coffee stocks stored in southern Florida, traders said.
Published 02 Sep, 2004 12:00am
US MIDDAY: cocoa sinks on funds, speculators unloaded

US MIDDAY: cocoa sinks on funds, speculators unloaded

Benchmark cocoa futures fell by more than 5 percent to a two-week low on Wednesday, extending Tuesday's losses, as funds and speculators unloaded on favourable crop prospects in West Africa, traders said.
Published 02 Sep, 2004 12:00am
US MIDDAY: sugar at one-month high on fund buying

US MIDDAY: sugar at one-month high on fund buying

NYBOT raw sugar futures settled Wednesday at a one-month high on fund buying and talk that India, the world's biggest sugar consumer, has booked some cargoes of the sweetener, analysts said.
Published 02 Sep, 2004 12:00am
US MIDDAY: wheat higher on commodity fund buying

US MIDDAY: wheat higher on commodity fund buying

Soft red winter (SRW) wheat futures at the Chicago Board of Trade rallied early on Wednesday amid worries about weather and commodity fund buying, traders said.
Published 02 Sep, 2004 12:00am
US MIDDAY: corn climbs on covering short positions

US MIDDAY: corn climbs on covering short positions

Corn futures at the Chicago Board of Trade climbed early Wednesday as uncertainty about crop weather and possible frost next week in the upper Midwest spurred buying, traders said.
Published 02 Sep, 2004 12:00am
US MIDDAY: soyabeans surge on possible Midwest freeze

US MIDDAY: soyabeans surge on possible Midwest freeze

Chicago Board of Trade soyabean futures surged on Wednesday's to a six-week high on fears of a possible northern US Midwest freeze next week, an effect of the projected arrival of Hurricane Frances in the south-eastern United States, brokers said.
Published 02 Sep, 2004 12:00am
US MIDDAY: copper tad lower on light selling

US MIDDAY: copper tad lower on light selling

COMEX copper futures finished softer on Wednesday as a sizeable copper inventory rise prompted light selling after Tuesday's rally, which was sparked by a miners' strike in Peru.
Published 02 Sep, 2004 12:00am
US MIDDAY: gold drifts lower on terror attacks

US MIDDAY: gold drifts lower on terror attacks

COMEX gold sagged early Wednesday but anxiety about extremist attacks held it near recent four-month highs, while trading was minimised before the US employment report on Friday.
Published 02 Sep, 2004 12:00am
Seminar on literacy on September 2

Seminar on literacy on September 2

The Pakistan Press Foundation (PPF) is organising a seminar for journalists on 'Turning Our Attention to Literacy in the rural areas' at PPF-Vicky Zeitlin Media Library, Press Centre, Kamal Ataturk Road, Karachi on Thursday September 2, from 3.30 pm to 5
Published 02 Sep, 2004 12:00am
Lawyers' team calls on DPO

Lawyers' team calls on DPO

A team of Shia leaders, Dr Athar Mehdi, Gulzar Abbas Naqvi, Ghazanfar Shah, member of District Bar Samar Mehdi Kazmi, Jam Muhammad Ajmal, and Samar Abbas Haider met the District Police Officer (DPO) Muzaffargarh, Ahsan Mehboob and apprised him of their gr
Published 02 Sep, 2004 12:00am
Supreme Court directs SSP to arrest absconders in fraud case

Supreme Court directs SSP to arrest absconders in fraud case

The Supreme Court of Pakistan has directed the acting SSP Islamabad to arrest other three absconders involved in a fraudulently transferred house case and has given a week's time for the arrest and set September 13 for next hearing.
Published 02 Sep, 2004 12:00am
Defence Day to be celebrated with solemnity

Defence Day to be celebrated with solemnity

The armed forces along with the nation will celebrate the 36th Defence Day of Pakistan on September 6 with simplicity as well as traditional enthusiasm, and will reaffirm the pledge to offer supreme sacrifice for the defence and security of the country.
Published 02 Sep, 2004 12:00am
Cheema greeted on appointment as federal minister

Cheema greeted on appointment as federal minister

Mushtaq Ali Cheema, a prominent member and former chairman of Pakistan Textile Exporters Association (PTEA) has been appointed federal minister in the new cabinet.
Published 02 Sep, 2004 12:00am
Cantonment board hands over 17 areas to TMA

Cantonment board hands over 17 areas to TMA

Cantonment Board Executive Officer, Hamid Haroon handed over the papers of 17 localities to Tehsil Municipal Administration (TMA) after 15 years because it failed to provide basic civic amenities to the extended area.
Published 02 Sep, 2004 12:00am
Crop maximisation plan initiated in 109 villages

Crop maximisation plan initiated in 109 villages

Food and Agriculture Organisation (FAO) assisted "Crop maximisation project" has been initiated in 109 villages of Sindh, NWFP, Balochistan, Punjab and Azad Kashmir.
Published 02 Sep, 2004 12:00am
Cop arrested while looting house

Cop arrested while looting house

A police constable was arrested while another constable and his accomplice ran away shooting fire in New Zikiriya Town, Multan.
Published 02 Sep, 2004 12:00am
0.1 million tonnes rice stocks await buyers

0.1 million tonnes rice stocks await buyers

The rice millers of Sindh and Balochistan are facing a very alarming situation as they have 0.1 million tonnes of D-98 rice stocks in their godowns awaiting buyers.
Published 02 Sep, 2004 12:00am
Rs 7 billion uplift package for Fata in progress: NWFP governor

Rs 7 billion uplift package for Fata in progress: NWFP governor

NWFP Governor Lieutenant General (Retd) Syed Iftikhar Hussain Shah has said that a huge development package costing almost Rs 7 billion was under implementation in Fata which apart from the current ADP also include federally funded development projects an
Published 02 Sep, 2004 12:00am
Price of atta

Price of atta

Please refer to the news item published in your respected daily on August 25, 2004 wherein it was reported that the National Assembly was informed that the carmakers have agreed to bring down prices of cars.
Published 02 Sep, 2004 12:00am
Pakistan's turnaround

Pakistan's turnaround

President Musharraf has been proclaiming that he has turned around Pakistan. I congratulate him on his regime's successes.
Published 02 Sep, 2004 12:00am
Makhdoom's surrender

Makhdoom's surrender

Nomination of Makhdoom Javaid Hashmi by the ARD as it candidate to oppose Shaukat Aziz in the house and stepping down of Makhdoom Amin Faheem in his favour has much more to it than what meets the eye.
Published 02 Sep, 2004 12:00am
US candidates seek to reach out to young voters

US candidates seek to reach out to young voters

At 26, Eric Hoplin leads a multimillion-dollar operation with 74 full-time employees and one goal: to mobilise college students to register and vote for President George W. Bush in November.
Published 02 Sep, 2004 12:00am
Extorting 'further tax' through delegated powers

Extorting 'further tax' through delegated powers

There was much hype with the passing of the Finance Act 2004 that the government had announced a major concession for the people by reducing the burden of sales tax through introduction of uniform rate of 15% and eliminating further tax 3% on supplies mad
Published 02 Sep, 2004 12:00am
Poverty reduction with a difference

Poverty reduction with a difference

Coming in the midst of the multi-directional efforts for poverty reduction in the country, the proceedings of the daylong seminar on "Employment-based poverty reduction strategy for decent work in Pakistan," held in Islamabad the other day, will certainly
Published 02 Sep, 2004 12:00am
Better tax collection by CBR

Better tax collection by CBR

According to the provisional figures of tax collections issued by the Central Board of Revenue, an amount of Rs 31.8 billion was secured in the month of August 2004, while the total amount for July and August 2004 stood at Rs 62.4 billion which reflected
Published 02 Sep, 2004 12:00am
Jewellers to support Piaf-Founders Alliance

Jewellers to support Piaf-Founders Alliance

Jewellers community of Lahore had announced to support the Piaf-Founders Alliance in the coming elections of the Lahore Chamber of Commerce & Industry (LCCI), according to a press release issued here on Wednesday.
Published 02 Sep, 2004 12:00am
JUP asks Prime Minister to quit Citibank

JUP asks Prime Minister to quit Citibank

President Jamiat-Ulema-e-Pakistan Engineer Saleem Ullah has demanded of Prime Minister Shaukat Aziz to resign from Citibank and bring his US $35 million dollars from America to prove his sincerity and loyalty with the country.
Published 02 Sep, 2004 12:00am
Quota availability in various categories notified

Quota availability in various categories notified

The Export Promotion Bureau (EPB) has announced the availability of textile quota in various categories for USA, EU, Canada and Turkey on first-come-first-served basis for reservation/shipment during 2004.
Published 02 Sep, 2004 12:00am
LHC issues notice to NAB chief

LHC issues notice to NAB chief

The Lahore High Court (LHC) has issued notice to Chairman National Accountability Bureau (NAB) and called for report and comments in a petition, filed by an American national Rana Haider Zaman, praying to the court to direct the respondent to return back
Published 02 Sep, 2004 12:00am
Telecom shutdown

Telecom shutdown

The PTCL consumers of Defence, Ferozpure Road, Garden Town, Kahna Nau and Gulburge areas will not be able to use telephonic facility for few hours on Friday night.
Published 02 Sep, 2004 12:00am
Gujrat to have university

Gujrat to have university

Punjab Chief Minister Chaudhry Pervaiz Elahi addressing a meeting on higher education here on Tuesday has dilated that a university would be established in city of Gujrat in the Province.
Published 02 Sep, 2004 12:00am
Wapda to upgrade distribution network

Wapda to upgrade distribution network

Wapda will spend a sum of Rs 3.5 billion for upgrading its network in all distribution companies during the current fiscal year under its system augmentation program.
Published 02 Sep, 2004 12:00am
Pakistan to attend 'Automechanika' in Germany

Pakistan to attend 'Automechanika' in Germany

The Export Promotion Bureau (EPB) in league with Pakistan Association of Automotive Parts and Accessories manufacturers (PAAPAM) would be holding official participation in "Automechanika-2004" the international leading trade fair for the automotive after
Published 02 Sep, 2004 12:00am
Petition against FIA director disposed of

Petition against FIA director disposed of

Lahore High Court (LHC) disposed of a petition filed against director FIA Lahore, when he informed the court that he has already ordered registration of a criminal case against one of the respondents Khair Din.
Published 02 Sep, 2004 12:00am
LCCI chief's action draws criticism

LCCI chief's action draws criticism

Chairman "The Founders" Pervez Hanif has criticised the LCCI president for not attending the groundbreaking ceremony of Sunder Industrial Estate saying that leaving aside the chamber politics, he should have represented the traders and industrialist commu
Published 02 Sep, 2004 12:00am
LCCI chief for balanced growth of SMEs

LCCI chief for balanced growth of SMEs

The LCCI President, Mian Anjum Nisar, has urged the government to ensure a balanced growth of large, medium and small scale enterprises with relatively more emphasis on small and cottage industry.
Published 02 Sep, 2004 12:00am
UHS announces MBBS exams schedule

UHS announces MBBS exams schedule

University of Health Sciences (UHS) has announced the schedule of First Professional MBBS Part-I annual examination 2004.
Published 02 Sep, 2004 12:00am
Railways July-August earnings up

Railways July-August earnings up

Pakistan Railways (PR) has earned Rs 520 million more from July 01 to August 20, this financial as compared to the corresponding period of the last fiscal.
Published 02 Sep, 2004 12:00am
The Weather

The Weather

The weather report on Wednesday (September 01) and the forecast for Thursday (September 02, 2004).
Published 02 Sep, 2004 12:00am
Punjab finance minister assures industries of co-operation

Punjab finance minister assures industries of co-operation

Punjab Finance Minister Sardar Husnain Bahadur Dareshak has said the provincial government would extend all-out co-operation to the industries, including the carpet industry, which provide jobs and fetch foreign exchange.
Published 02 Sep, 2004 12:00am
Key stock market movements at 1700 GMT on September 1

Key stock market movements at 1700 GMT on September 1

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 02 Sep, 2004 12:00am
Punjab Assembly session begins on September 6

Punjab Assembly session begins on September 6

Punjab Assembly will hold its 20th session, from 6th to 27th September 2004. Punjab Parliamentary year that begin September 2, will culminate September 25. Till todate Punjab Assembly has passed record 34 legislation's, during its 49 days sessions held so
Published 02 Sep, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (September 1, 2004).
Published 02 Sep, 2004 12:00am
Foreign missions show MRP acceptability

Foreign missions show MRP acceptability

The foreign missions in Pakistan have shown acceptability of machine readable passports (MRP), which is being launched from 15 of this month and assured that they would ease visa restrictions on Pakistani nationals due to transparency of the document.
Published 02 Sep, 2004 12:00am
NHA chief calls for adopting latest techniques

NHA chief calls for adopting latest techniques

Inaugurating a two-day seminar on "Reinforced Soil Structures", Chairman National Highway Authority (NHA), General Farrukh Javed stressed the need for employing modern technology and construction techniques for constructing long-life highways in the count
Published 02 Sep, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 1, 2004).
Published 02 Sep, 2004 12:00am
SME working committee meeting on September 2

SME working committee meeting on September 2

A meeting of SME working committee will be held today. The meeting will be chaired by Zulfikar Thaver, President of the Union of Small & Medium Enterprises (Unisame) and Chairman Working Committee of SME Task Force Ministry of Industries & Production.
Published 02 Sep, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (September 1) and rates for Thursday (September 2, 2004).
Published 02 Sep, 2004 12:00am
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