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Nov 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-11-06
Malaysian shares slip

Malaysian shares slip

Malaysian shares ended lower on Friday as investors booked profit from select blue chips like MISC but auto seat belt maker Hirotako Holdings Bhd jumped on a new government ruling. Hirotako rose 30 percent to 1.30 ringgit after the road transport departme
Published 06 Nov, 2004 12:00am
Hong Kong shares rise, property stocks up

Hong Kong shares rise, property stocks up

Hong Kong stocks rose almost one percent on Friday, led by property shares, and with investors looking ahead to key US employment data due later in the day. Traders said market sentiment was boosted by sliding oil prices as well as strong liquidity, as fo
Published 06 Nov, 2004 12:00am
US stocks soar as oil prices fall, Altria jumps

US stocks soar as oil prices fall, Altria jumps

US stocks extended their post-election rally on Thursday, pushing the S&P 500 Index to its highest close for more than two years as oil prices tumbled below $49, while tobacco and food company Altria Group Inc surged after its CEO said it may split itself
Published 06 Nov, 2004 12:00am
Jakarta stocks rise to new peak

Jakarta stocks rise to new peak

Jakarta stocks ended at an all-time high on Friday, boosted by blue chip buying partly on the positive outcome of the government's stake sale in the country's fifth-largest bank, PT Bank Danamon Tbk. Dealers said investors were bullish on the market outlo
Published 06 Nov, 2004 12:00am
Singapore shares end below highs

Singapore shares end below highs

Singapore shares ended up on Friday but were off early highs as Singapore Telecommunications fell after its majority stake-holder, Temasek Holdings, sold S$800 million of its stocks at a discount. The Straits Times Index ended up 5.12 points, or 0.25 perc
Published 06 Nov, 2004 12:00am
Taiwan stocks end up, inspired by foreign buying

Taiwan stocks end up, inspired by foreign buying

Taiwan stocks ended 1.2 percent higher in an across-the-board advance on Friday touched off by tireless foreign buying in index heavyweights like TSMC after a strong performance in US share markets. The TAIEX share index closed with a gain of 70.58 points
Published 06 Nov, 2004 12:00am
Chinese shares down despite brokerage rules

Chinese shares down despite brokerage rules

China's shares dipped 0.14 percent on Friday as investors exited liquor makers such as Kweichow Moutai, brushing aside new policies aimed at helping the country's crucial but loss-making brokerages. The benchmark Shanghai composite index, grouping foreign
Published 06 Nov, 2004 12:00am
Thai stocks decline on defensive by buying bank shares

Thai stocks decline on defensive by buying bank shares

Thai stocks fell 0.63 percent on Friday as bargain hunters took quick profits on energy stocks and went defensive by buying bank shares, with number three bank Kasikornbank picked on expectations of a dividend payment. The benchmark Stock Exchange of Thai
Published 06 Nov, 2004 12:00am
Seoul shares gain

Seoul shares gain

Seoul shares closed 1.1 percent higher on Friday, as a drop in oil prices below $49 a barrel eased worries about a slowdown in corporate profits and lifted shares in key exporters such as steel maker POSCO. But uncertainty ahead of a key US employment rep
Published 06 Nov, 2004 12:00am
Nikkei ends higher, trading firms lifted by results

Nikkei ends higher, trading firms lifted by results

Tokyo's Nikkei share average rose for a third session to end 1.06 percent higher on Friday, bolstered by gains in top trading firms including Mitsubishi Corp, which unveiled solid results and outlooks. However, after an initial rise, prices generally kept
Published 06 Nov, 2004 12:00am
Philippines stocks down

Philippines stocks down

Philippines stocks ended a shade lower on Friday, led by property leader Ayala Land Inc, after mixed earnings results from blue chips. Analysts said investors were still absorbing the results from top phone firm PLDT, which reported a stronger than expect
Published 06 Nov, 2004 12:00am
Chinese yuan notches firmer

Chinese yuan notches firmer

The yuan ended a notch firmer at 8.2764 per US dollar on Friday, still near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 3,750 points implying a rate of 7.903 yuan per dollar in
Published 06 Nov, 2004 12:00am
Swiss franc clings to eight-year highs versus dollar

Swiss franc clings to eight-year highs versus dollar

The Swiss franc clung to near-eight year highs against the dollar in early Friday trading as concerns over the strength of the US economy and its gaping current account deficit weighed on the greenback. Traders said that with the US presidential elections
Published 06 Nov, 2004 12:00am
Dollar near record low versus euro, jobs in focus

Dollar near record low versus euro, jobs in focus

The dollar was within striking distance of a record low against the euro on Friday on worries about the health of the US economy, and traders said it would stay pressured unless upcoming jobs data beat expectations. With the US presidential vote out of th
Published 06 Nov, 2004 12:00am
Dollar inches down as market eyes US deficits

Dollar inches down as market eyes US deficits

The dollar inched down toward record lows against the euro on Thursday as traders turned away from elections to refocus on structural problems in the US economy. With the US presidential vote out of the way and few signs that European policy-makers were p
Published 06 Nov, 2004 12:00am
Canadian dollar tops 83 US cents, bonds rise

Canadian dollar tops 83 US cents, bonds rise

The Canadian dollar topped 83 US cents for the first time in more than 12 years on Thursday, as the market concluded that the reelection of President George Bush would drive the US dollar lower. Bond prices rose, helped by weakness in overseas stock marke
Published 06 Nov, 2004 12:00am
Asian currencies: Taiwan dollar up, Singapore near seven-year high

Asian currencies: Taiwan dollar up, Singapore near seven-year high

The Taiwan dollar jumped 0.7 percent to its strongest level in six months on Friday and the Singapore dollar neared a five-year high, leading an Asian currency surge on the back of concerns about the US economy. Asian currencies had rallied on Thursday, e
Published 06 Nov, 2004 12:00am
Hong Kong dollar firms but pares some gains ahead of US data

Hong Kong dollar firms but pares some gains ahead of US data

The Hong Kong dollar strengthened on Friday on renewed speculation of a Chinese yuan revaluation, but pared some of its gains by late afternoon as players covered short dollar positions ahead of the release of a key US employment report. The local currenc
Published 06 Nov, 2004 12:00am
'No need yet for Japan to intervene on yen'

'No need yet for Japan to intervene on yen'

Although the yen's recent rise has been rapid there is no need yet for Japanese authorities to intervene in the foreign exchange market to correct volatile movements, a senior ruling party official said on Friday. Kaoru Yosano, policy chief of the Liberal
Published 06 Nov, 2004 12:00am
Britain bids farewell to its eldest royal, Princess Alice

Britain bids farewell to its eldest royal, Princess Alice

Queen Elizabeth II and her family bade farewell Friday to Princess Alice, who died a week earlier at 102, believed to be the greatest age ever reached by a member of the British royal family. Prince Philip, Prince Charles and his sons William and Harry, a
Published 06 Nov, 2004 12:00am
North Korea wants big concessions from second-term Bush

North Korea wants big concessions from second-term Bush

North Korea wants big concessions from second-term US President George W. Bush before it will even discuss ending its nuclear weapons drive, a top Pyongyang envoy said in a report Friday. "Such discussions are possible only when we see evidence of a subst
Published 06 Nov, 2004 12:00am
India court begins framing charges in key riot case

India court begins framing charges in key riot case

An Indian court began framing charges on Friday against Hindu men accused of gang raping a pregnant Muslim woman in a trial seen as key to winning justice for Muslim victims of the worst religious riots in a decade. Human rights groups say about 2,500 peo
Published 06 Nov, 2004 12:00am
Russian court overturns acquittal of suspected spy

Russian court overturns acquittal of suspected spy

A Russian court convicted a Siberian scientist of spying at a retrial on Friday, overturning his earlier acquittal that had sparked the anger of the FSB state security forces. Physicist Valentin Danilov, who was accused of selling state secrets to China,
Published 06 Nov, 2004 12:00am
Big mouths needed for Britain's record-breaking onion bhaji

Big mouths needed for Britain's record-breaking onion bhaji

Fancy a bit of bhaji? You'll need a big bite to put away the biggest fried onion ball in the world, which set a record Friday weighing in at an astounding 84 kilograms (185 pounds), event organisers told AFP. The big bhaji - a fried and breaded South Asia
Published 06 Nov, 2004 12:00am
Australia's Aborigines lose political voice

Australia's Aborigines lose political voice

Australia's Aborigines have lost their only voice in parliament. Although 23 indigenous candidates ran in Australia's October 9 national elections, none was successful and the only sitting black senator, Aden Ridgeway, lost his seat, electoral officials a
Published 06 Nov, 2004 12:00am
Qualifier Stepanek reaches semi-finals

Qualifier Stepanek reaches semi-finals

Czech qualifier Radek Stepanek booked his place in the semi-finals of the 2.45-million-euro Paris Masters on Friday with a 7-6 (7/1), 6-3 win over Mikhail Youzhny, the man who knocked out defending champion Tim Henman the day before. The 25-year-old Stepa
Published 06 Nov, 2004 12:00am
Venus leads seeds into Advanta quarter-finals

Venus leads seeds into Advanta quarter-finals

Venus Williams and Vera Zvonareva registered second-round victories at the Advanta Championships in Philadelphia on Thursday to remain in the chase for places in next week's lucrative end-of-season tournament. Fifth seed Williams of the US, who is battlin
Published 06 Nov, 2004 12:00am
Aftab Ahmed scalps five as Bangladesh scare Kiwis

Aftab Ahmed scalps five as Bangladesh scare Kiwis

Aftab Ahmed produced a record-breaking spell as Bangladesh gave New Zealand the jitters in the second one-dayer at the Bangabandhu National Stadium here on Friday. The 19-year-old became the first Bangladeshi to take a five-for in one-dayers as New Zealan
Published 06 Nov, 2004 12:00am
Ponting condemns Bombay pitch

Ponting condemns Bombay pitch

Australia captain Ricky Ponting condemned the pitch at Bombay's Wankhede Stadium as unfit for test cricket after his team lost the fourth match against India in less than three days on Friday. Forty wickets fell in just 202 overs on a track with uneven bo
Published 06 Nov, 2004 12:00am
India spring about dramatic victory over Australia

India spring about dramatic victory over Australia

Off-spinner Harbhajan Singh continued his dominance over Australia on Friday, routing them for 93 on a crumbling pitch to bowl India to a dramatic 13-run win in less than three days of the fourth and final Test. The 24-year-old, who has taken 53 wickets a
Published 06 Nov, 2004 12:00am
Thai Prime Minister warns of growing violence

Thai Prime Minister warns of growing violence

Thailand's premier said Friday he expected violence to intensify in the country's stricken south as an independent inquiry began into the deaths of 78 detained Muslim protesters. As the death toll in the region continued to mount, Thaksin Shinawatra said
Published 06 Nov, 2004 12:00am
Putin signs up Russia for Kyoto pact

Putin signs up Russia for Kyoto pact

President Vladimir Putin gave his seal of approval for Russia's crucial backing of the Kyoto Protocol, clearing the way for the UN environment pact aimed at curbing global warming to come into force early next year. The Kremlin said Putin signed a parliam
Published 06 Nov, 2004 12:00am
US and Iranian state libraries sign exchange accord

US and Iranian state libraries sign exchange accord

The US Library of Congress head has signed an agreement to exchange resources with the National Library of Iran during a rare visit by a US official, the Iranian library's director said Friday. "We signed a memorandum of understanding to exchange resource
Published 06 Nov, 2004 12:00am
Ivory Coast's army bombs rebel towns

Ivory Coast's army bombs rebel towns

Government warplanes and helicopter gunships pounded rebel-held towns in northern Ivory Coast for a second day on Friday, fuelling fears of a slide into all-out war in the world's top cocoa grower.
Published 06 Nov, 2004 12:00am
US soldiers face murder charges for Iraq killing

US soldiers face murder charges for Iraq killing

Two US Army soldiers face murder charges in a military trial in Baghdad for shooting and killing a badly wounded Iraqi teenager mistaken for an insurgent by US troops, the Los Angeles Times reported on Thursday on its Web site. The newspaper quoted the tw
Published 06 Nov, 2004 12:00am
Iran-EU nuclear talks progress, but no deal yet

Iran-EU nuclear talks progress, but no deal yet

A senior Iranian negotiator said Tehran had made progress in talks on Friday with French, British and German diplomats seeking to persuade the Islamic republic to give up its uranium enrichment programme.
Published 06 Nov, 2004 12:00am
15 killed in China's coal mine blast

15 killed in China's coal mine blast

A coal mine explosion has killed at least 15 miners in northern China, the latest in a string of accidents in the country's notoriously dangerous mining industry, the official Xinhua news agency said on Friday. About 48 miners were working underground at
Published 06 Nov, 2004 12:00am
EU to agree common asylum policy by 2010

EU to agree common asylum policy by 2010

European Union leaders endorsed plans on Friday to carry out tougher border checks and agree a common asylum policy by 2010 to fight illegal immigration to the wealthy region.
Published 06 Nov, 2004 12:00am
Amitabh's feud with Gandhi family bursts into open

Amitabh's feud with Gandhi family bursts into open

The falling out between India's first family of politics and the nation's first family of entertainment has been grist for the rumour mills for years. But now the rancour between the Nehru-Gandhi clan, which gave India three Congress Party prime ministers
Published 06 Nov, 2004 12:00am
Nobel laureate sends acceptance speech to avoid spotlight

Nobel laureate sends acceptance speech to avoid spotlight

Austrian Nobel literature laureate Elfriede Jelinek said Friday she longed to have her quiet life back and had recorded a speech to be screened at the award ceremony in Stockholm as her fear of crowds kept her at home.
Published 06 Nov, 2004 12:00am
Darfur aid groups fear fresh violence, move staff

Darfur aid groups fear fresh violence, move staff

Aid agencies fearing an upsurge of fighting in Sudan's troubled Darfur region have suspended operations and evacuated staff from the volatile Jebel Marra area in West Darfur state, UN officials said on Friday.
Published 06 Nov, 2004 12:00am
Computer error gave Bush extra votes: report

Computer error gave Bush extra votes: report

A computer error involving a voting machine cartridge handed President George W. Bush an extra 3,893 votes in one precinct in the key state of Ohio, The Columbus Dispatch reported Friday. Voters who were checking posted results noticed the problem on the
Published 06 Nov, 2004 12:00am
Blair tells Europeans to wake up to 'new reality' of Bush victory

Blair tells Europeans to wake up to 'new reality' of Bush victory

European leaders must face up to the "new reality" of George W. Bush's re-election as US president after four years of rancour over Iraq, British Prime Minister Tony Blair said Friday. Speaking at a European Union summit, Blair said he was not pointing fi
Published 06 Nov, 2004 12:00am
Al Qaeda-link group warns US of 'unbearable hell'

Al Qaeda-link group warns US of 'unbearable hell'

A group linked to al Qaeda network threatened the United States with reprisals after the re-election of President George W. Bush, warning of "unbearable hell," in a website statement on Friday.
Published 06 Nov, 2004 12:00am
Indian rupee gives up gains

Indian rupee gives up gains

The Indian rupee slipped off a five-month intra-day peak to end steady on Friday as importers cashed in on the unit's sharp recent gains to hedge exposures. Still, rupee sentiment was bullish as the dollar floundered overseas and speculation of a Chinese
Published 06 Nov, 2004 12:00am
Sterling hits 3-1/2-month high against dollar

Sterling hits 3-1/2-month high against dollar

Sterling hit a 3-1/2 month high against the beleaguered dollar on Friday but weakened to match the previous day's 10-month low against the euro after a poor reading in British industrial output. The headliner grabber of the session was the dollar's tailsp
Published 06 Nov, 2004 12:00am
Dollar steadies near nine-year low in London trade

Dollar steadies near nine-year low in London trade

The dollar hovered near a 9-year low on a trade-weighted index as investors waited to see if Friday's US jobs report would spell more trouble for the greenback or give it a reprieve. The dollar has come under fire in the last two days as the market has sw
Published 06 Nov, 2004 12:00am
Indian shares at six-month highs

Indian shares at six-month highs

Indian shares hit a new six-month closing high on Friday, led by refinery stocks which rallied after a government decision to increase local retail fuel prices. But bonds fell to two-year lows on that same decision, which is expected to fuel inflation and
Published 06 Nov, 2004 12:00am
US Stock: Friday's unofficial close

US Stock: Friday's unofficial close

US stocks rose Friday, boosted by a government report showing strong jobs growth last month, but gains were sharply reduced by a weak dollar, which fell to a record low against the euro on concerns about the US trade imbalance. Shares of Pixar Animation S
Published 06 Nov, 2004 12:00am
Bonds: autos take European credit markets higher

Bonds: autos take European credit markets higher

Auto bonds led European credit markets higher on Friday, after a stronger-than-expected US jobs report fuelled expectations for faster economic growth in coming months. Bonds of General Motors led gains as investors welcomed a decision by rating agency Mo
Published 06 Nov, 2004 12:00am
Bonds: autos take European credit markets higher

Bonds: autos take European credit markets higher

Auto bonds led European credit markets higher on Friday, after a stronger-than-expected US jobs report fuelled expectations for faster economic growth in coming months. Bonds of General Motors led gains as investors welcomed a decision by rating agency Mo
Published 06 Nov, 2004 12:00am
FTSE-100 ends off highs, British Airways strong

FTSE-100 ends off highs, British Airways strong

Britain's blue-chip shares closed firm but off fresh 28-month highs after a rally following way better-than-expected US jobs data ran out of steam, although oil at sub-$50 a barrel fired up a 4.2 percent gain for jet fuel-dependent British Airways.
Published 06 Nov, 2004 12:00am
India mulling subsidy on cotton exports

India mulling subsidy on cotton exports

India, the world's third-largest producer of cotton, is considering offering subsidies to exporters looking at the foreign markets to beat a domestic glut, Agriculture Minister Sharad Pawar said on Friday. Traders are estimating about 20 million bales of
Published 06 Nov, 2004 12:00am
Brazilian cane region sees record crop next season

Brazilian cane region sees record crop next season

Millers in Brazil's key centre-south sugar cane area see prospects for another record crop next season, May 2005 through April 2006, as strong demand for ethanol and attractive prices encourage increased planting. The centre-south, which grows 85 percent
Published 06 Nov, 2004 12:00am
Gold sets new 16-year highs in London

Gold sets new 16-year highs in London

Gold prices set new 16-year highs on Friday after the dollar came under renewed attack despite better-than-expected US jobs data, analysts and traders said. "The sole driver of buying interest is renewed concerns about the outlook for the US dollar in the
Published 06 Nov, 2004 12:00am
Romania and Bulgaria see bumper wheat crop: USDA

Romania and Bulgaria see bumper wheat crop: USDA

Ideal growing weather has significantly boosted 2004/05 wheat production in Romania and Bulgaria, two nations which saw last year's crops withered by drought and a severe winter, the US Agriculture Department said on Friday.
Published 06 Nov, 2004 12:00am
London sugar firmer

London sugar firmer

London December white sugar futures closed up 30 cents at $236.8 after a choppy session featuring AAs and arbitrage, and traders said they believed funds had cut the size of their long positions. March ended up 70 cents at $247.0 in volume of 1,513 lots,
Published 06 Nov, 2004 12:00am
New York cotton settles mostly up

New York cotton settles mostly up

NYBOT cotton futures closed mostly firmer Friday as players rolled positions out of spot December, with the market looking forward to a key government report due out next week, brokers said. December cotton eased 0.01 cent to close at 43.36 cents a lb, de
Published 06 Nov, 2004 12:00am
Colombian coffee production to rise next year

Colombian coffee production to rise next year

Colombia, the world's biggest producer of washed arabica, should produce slightly more coffee next year, but exports should stay at the same level as this year, an official from the Colombian Coffee Growers' Federation said.
Published 06 Nov, 2004 12:00am
London coffee futures in positive territory

London coffee futures in positive territory

London coffee futures ended in positive territory on optimism that funds will soon have to cover their short positions prompted speculative interest, floor sources said. Still, volume was thin as an absence of fundamental or technical incentives keeps the
Published 06 Nov, 2004 12:00am
Record dollar-euro low fuels LME copper rally

Record dollar-euro low fuels LME copper rally

London Metal Exchange (LME) copper firmed 1.3 percent by Friday's kerb close as the dollar fell to fresh lows against the euro, traders said. "Currencies and copper are leading the complex. We saw more fund interest as the euro broke $1.29 and now there i
Published 06 Nov, 2004 12:00am
Oil falls to six-week low as supply fears ease

Oil falls to six-week low as supply fears ease

Oil slid to a six-week low on Friday, continuing a fund-led selling spree that has knocked 13 percent from last week's record highs as rising stockpiles have eased worries of a winter supply crunch. US light crude fell 52 cents to $48.30, the lowest level
Published 06 Nov, 2004 12:00am
Oil falls to six-week low as supply fears ease

Oil falls to six-week low as supply fears ease

Oil slid to a six-week low on Friday, continuing a fund-led selling spree that has knocked 13 percent from last week's record highs as rising stockpiles have eased worries of a winter supply crunch. US light crude fell 52 cents to $48.30, the lowest level
Published 06 Nov, 2004 12:00am
US MIDDAY: coffee stays higher

US MIDDAY: coffee stays higher

NYBOT coffee futures closed in positive ground Friday for the fourth day in a row, thanks to fund buying on continued market worries about the quality of next year's crop in top grower Brazil, traders said. Most-active December arabica gained 0.40 cent to
Published 06 Nov, 2004 12:00am
US MIDDAY: cocoa climbs

US MIDDAY: cocoa climbs

Benchmark cocoa futures in New York rallied more than 4 percent to a new 2-month high Friday, extending yesterday's price hike on lingering supply concerns from intensified fighting in Ivory Coast. News that government warplanes and helicopter gunships po
Published 06 Nov, 2004 12:00am
US MIDDAY: sugar quietly up

US MIDDAY: sugar quietly up

Raw sugar futures closed higher Friday on trade and speculative buying in lethargic dealings, with the sweetener seen staying in a band given the dearth of market-moving news, dealers said. The New York Board of Trade's key March raw sugar contract increa
Published 06 Nov, 2004 12:00am
US MIDDAY: wheat moves up

US MIDDAY: wheat moves up

Wheat futures at the Chicago Board of Trade wheat futures turned higher early on Friday, following through from the bounce on Thursday, traders said. Wheat is gaining late this week amid fund buying after the market had fallen to near-oversold technical l
Published 06 Nov, 2004 12:00am
US MIDDAY: corn higher

US MIDDAY: corn higher

Corn futures at the Chicago Board of Trade climbed early Friday on a technical bounce after trending lower all week, traders said. CBOT corn futures were 1/2 to 2-1/2 cents per bushel higher by 12 noon CST (1800 GMT). December was up 2 cents at $1.99-1/2
Published 06 Nov, 2004 12:00am
US MIDDAY: soya rebounds

US MIDDAY: soya rebounds

Soybean futures at the Chicago Board of Trade turned firm on Friday on a technical bounce after the back months slid to contract lows late Thursday and again in overnight trade, floor traders said. Traders were also reacting to a smaller-than-expected pri
Published 06 Nov, 2004 12:00am
US MIDDAY: copper firmer

US MIDDAY: copper firmer

Copper futures in New York opened firmer in early trade Friday, buoyed by a stronger open on Wall Street, lower oil prices and the beginning of a strike at the El Abra copper mine in Chile, traders said. "The fundamentals are back in place for this market
Published 06 Nov, 2004 12:00am
US MIDDAY: gold bounces

US MIDDAY: gold bounces

Gold futures extended gains above $430 an ounce on Friday morning, shaking off an earlier slide, as the euro rebounded against the dollar despite a much stronger-than-expected US jobs report for October. By 10:23 am EST (1523 GMT), December gold rose $1.2
Published 06 Nov, 2004 12:00am
Pak-US ties to improve after re-election of Bush: PML

Pak-US ties to improve after re-election of Bush: PML

Pakistan Muslim League congratulating President Bush on his re-election hoped that bilateral relations between Pakistan and America will be further strengthened in his second tenure. Media Co-ordinator of PML Tabish Alwari in a press statement issued here
Published 06 Nov, 2004 12:00am
LHC seeks explanation for not paying honoraria

LHC seeks explanation for not paying honoraria

The Lahore High Court Multan Bench judge has sought written explanation from Punjab Local Government secretary, Muzaffargarh DCO and others with in 30 days for not paying honoraria to lady councillors despite provision in the Local Government Ordinance an
Published 06 Nov, 2004 12:00am
Honour killers' sentence reduced

Honour killers' sentence reduced

Justice Khawaja Mohammad Sharif of the Lahore High Court (LHC) on Friday taking up appeals against conviction in honour killing case reduced the sentence of all three appellants. The court reduced the sentence of Muhmmad Aslam, Mukhtar Ahmad and Manna fro
Published 06 Nov, 2004 12:00am
Graduation ceremony of Army Air Defence School held

Graduation ceremony of Army Air Defence School held

A graduation ceremony was held at the School of Army Air Defence, Malir Cantt. Lieutenant General Khateer Hasan Khan, Commander Army Air Defence Command, was the chief guest says an ISPR press release. It said that while addressing the graduation ceremony
Published 06 Nov, 2004 12:00am
WWF-P identities threats to Indus delta

WWF-P identities threats to Indus delta

World Wide Fund for nature in Pakistan (WWF-P) identifies major threats to Indus delta eco-region. These include shortage of fresh water supply, deteriorating water quality because of pollution, land clearance, over harvesting of resources, socio-economic
Published 06 Nov, 2004 12:00am
Mirwaiz seeks Delhi's approval to visit Pakistan

Mirwaiz seeks Delhi's approval to visit Pakistan

Hurriyat Conference is waiting for a response from the central government on their proposal of visiting Pakistan before holding further rounds of talks with New Delhi. Caretaker chairman of Hurriyat Conference (A) Mirwaiz Umar Farooq said that they are ye
Published 06 Nov, 2004 12:00am
Loan for plot

Loan for plot

I have seen a letter that appeared in your newspaper about the State Bank Circular No 32. I have a small plot and wanted to start an industry. For a loan from the bank I submitted the original documents of my open plot.
Published 06 Nov, 2004 12:00am
Reports of companies

Reports of companies

This is with reference to the reply of Arshad J. Minhas, a senior official of the SECP, published in your newspaper dated 28th October, 2004 in response to my submissions dated 19th October 2004. The official of the SECP had very kindly communicated the w
Published 06 Nov, 2004 12:00am
Nuclear Iran

Nuclear Iran

General Mirza Aslam Beg (Retd) has opined that it will be unwise to impose sanctions on Iran because the developed world cannot afford to lose 2.5 million barrel a day supply of Oil.
Published 06 Nov, 2004 12:00am
Osama in SITE Karachi

Osama in SITE Karachi

The Americans are spending millions of dollars in trying to net Osama bin Laden. They are looking for him all over Afghanistan and near the border with Pakistan. There was speculation that he would be nabbed just in time before the US elections thus givin
Published 06 Nov, 2004 12:00am
Two dates that changed world: November 9, 1989 and September 11, 2001

Two dates that changed world: November 9, 1989 and September 11, 2001

The world seemed reborn on November 9, 1989, the day the Berlin Wall came tumbling down, but the promise held by that euphoric event transformed again with the second epochal date of a generation - September 11, 2001. As Europe and the United States prepa
Published 06 Nov, 2004 12:00am
SMEs: the experience of South Korea and Malaysia

SMEs: the experience of South Korea and Malaysia

Until the 1930s, Taiwan's industrial sector consisted mainly of food processing, particularly sugar. Fertiliser, cement, paper, refineries, steel and machinery industries were then established by the Japanese to support their Pacific war effort. Taiwan wa
Published 06 Nov, 2004 12:00am
Confronting the hazard of air pollution

Confronting the hazard of air pollution

Those living and working in our big cities are all too familiar with the high levels of air pollution and the hazards it poses to public health. And, of course, it is also obvious that those who suffer most on account of this menace are the weak and vulne
Published 06 Nov, 2004 12:00am
Tax disputes resolution

Tax disputes resolution

The decision by the Central Board of Revenue to resolve disputes over the question of actual liabilities of excise duty which are payable by 10 principal industries through dispute resolution committees, will be seen as a welcome approach. This would defi
Published 06 Nov, 2004 12:00am
ICAP announces Intermediate & Foundation exams results

ICAP announces Intermediate & Foundation exams results

The Institute of Chartered Accountants of Pakistan (ICAP) has announced the Intermediate & Foundation Examinations Autumn 2004 Results. Candidates bearing the following seat numbers have passed the examinations held from September 6.
Published 06 Nov, 2004 12:00am
Exposure to X-ray radiation causes health problems

Exposure to X-ray radiation causes health problems

Lack of proper safety equipment and non-adoption of precautionary measures have exposed the technicians working at different public sector hospitals to serious health problems, as the radiation caused by the X-ray machines pose serious health threats not
Published 06 Nov, 2004 12:00am
PTCL to upgrade optical fibre on November 7

PTCL to upgrade optical fibre on November 7

Pakistan Telecommunication Company Limited (PTCL) will carry out development works on its spur optical fibre cable on November 7 between Karachi-Thatta and Mardan-Shahbaz Ghari Sections from 0200 hours to 0600 hours.
Published 06 Nov, 2004 12:00am
Speedy release of fund demanded for uplift schemes

Speedy release of fund demanded for uplift schemes

The NWFP Minister for Local Government (LG) and Rural Development (RD) Sardar Muhammad Idrees has directed the Finance Department to ensure speedy release of developmental funds under Tameer-e-Sarhad Programme (TSP) so that the work can be initiated well
Published 06 Nov, 2004 12:00am
Punjab University to construct two new hostels

Punjab University to construct two new hostels

Punjab University vice chancellor Lieutenant General Arshad Mahmood (Retd) on Friday chaired a meeting to review hostel facilities at new campus. Addressing the meeting Arshad said the university would construct two hostels for boys and girls to meet incr
Published 06 Nov, 2004 12:00am
UBL regional chief calls on NWFP governor

UBL regional chief calls on NWFP governor

Fahim A. Siddiqui Regional Chief Executive of United Bank Limited in NWFP called on the NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) at Governor's House here on Friday.
Published 06 Nov, 2004 12:00am
PIMS facing shortage of manpower

PIMS facing shortage of manpower

Pakistan Institute of Medical Sciences (PIMS) - a premier healthcare institution in the federal capital - is facing acute shortage of manpower, as 187 posts of different categories of medical and paramedical staff are lying vacant.
Published 06 Nov, 2004 12:00am
Strategy for gems and jewellery sector being prepared

Strategy for gems and jewellery sector being prepared

The draft for preparation of a strategy regarding development of gems & jewelry sector would be completed by the end of current calendar year, sources in Small & Medium Entrepreneurs Development Authority (SMEDA) told Business Recorder on Friday.
Published 06 Nov, 2004 12:00am
Labour colonies to be set up near industrial estates

Labour colonies to be set up near industrial estates

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that a project to construct labour colonies near industrial estates in Punjab have commenced. While chairing a meeting here Friday, he dilated that under a programme, facilities in sectors such as heal
Published 06 Nov, 2004 12:00am
'Transparency, merit in Fata affairs to be ensured'

'Transparency, merit in Fata affairs to be ensured'

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has directed to ensure merit and transparency at every level of life in Federally Administrative Tribal Areas (Fata) and said that recruitment and transfers of staff in different departmen
Published 06 Nov, 2004 12:00am
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