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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-01-29
Currencies steady as China dominates before G7

Currencies steady as China dominates before G7

Uncertainty ahead of Group of Seven and key emerging nation meetings next week kept major currencies locked in narrow ranges on Friday, with speculation over China's yuan policy taking centre stage. The yen had fluctuated sharply in Asian trade as comment
Published 29 Jan, 2005 12:00am
Philippines shares surge

Philippines shares surge

Philippine share prices closed 1.17 percent higher Friday, lifted by an extended technical rebound following the success of a huge government global bond issue, dealers said. They said profit-taking set in before the close of trade and was expected to con
Published 29 Jan, 2005 12:00am
Malaysian shares close lower

Malaysian shares close lower

Malaysian share prices closed 0.3 percent lower Friday with investors declining to take positions ahead of an action packed weekend, dealers said. They said most investors were unwinding their trading positions ahead of the weekend and major events such a
Published 29 Jan, 2005 12:00am
Indian shares climb to three-week highs

Indian shares climb to three-week highs

Indian shares shot up to their best close in three weeks on Friday after the country's top cement producer and bank both posted better-than-expected results, fuelling a market rally that gave the rupee a boost. Indian shares rose nearly 3 percent, extendi
Published 29 Jan, 2005 12:00am
US Stocks: Friday's unofficial close

US Stocks: Friday's unofficial close

US stocks fell Friday, hurt by weak corporate results and a slide in Merck & Co, after news that its osteoporosis drug could lose its patent earlier than expected. Merck said on Friday a federal judge has ruled that its osteoporosis drug Fosamax, its seco
Published 29 Jan, 2005 12:00am
Jakarta shares little up

Jakarta shares little up

Indonesian share prices closed 0.14 percent higher Friday as gains in cigarette firm Gudang Garam and a rebound in Indosat pushed the benchmark index to another record finish, despite profit-taking in other stocks, dealers said. They said foreign selling
Published 29 Jan, 2005 12:00am
Singapore shares higher

Singapore shares higher

Singapore share prices closed 0.79 percent higher Friday, driven mainly by buying in blue chip stocks, dealers said. They said institutional investors bought shares of market heavyweights such as Singapore Telecoms and Singapore Airlines largely on progra
Published 29 Jan, 2005 12:00am
Bonds: General Motors hit again ahead of Fiat decision

Bonds: General Motors hit again ahead of Fiat decision

The auto sector pushed back into the spotlight of a quiet bond market on Friday with General Motors' euro-denominated bonds widening sharply ahead of next week's expected decision on the fate of its deal with Fiat. Euro bonds of General Motors Corp rounde
Published 29 Jan, 2005 12:00am
Bonds: General Motors hit again ahead of Fiat decision

Bonds: General Motors hit again ahead of Fiat decision

The auto sector pushed back into the spotlight of a quiet bond market on Friday with General Motors' euro-denominated bonds widening sharply ahead of next week's expected decision on the fate of its deal with Fiat. Euro bonds of General Motors Corp rounde
Published 29 Jan, 2005 12:00am
Bid rumours dominate UK market but FTSE ends down

Bid rumours dominate UK market but FTSE ends down

Britain's FTSE 100 closed lower on Friday, breaking a five-day winning streak, but a series of bid rumours kept the market on its toes, with dealers reporting talk of take-over moves for fund firm Amvescap, consumer goods maker Reckitt Benckiser and logis
Published 29 Jan, 2005 12:00am
Coffee levy needs roaster support: ICO

Coffee levy needs roaster support: ICO

The International Coffee Organisation said on Friday that a proposal to place a levy on coffee to help improve farmers' livelihoods will depend on approval from the world's top roasters. A Swiss organisation, the World-wide Sustainable Coffee Fund, demand
Published 29 Jan, 2005 12:00am
Gold's bull run to roar on during 2005

Gold's bull run to roar on during 2005

Gold prices will rise for the fourth consecutive year in 2005, with dollar weakness and global security fears keeping the metal in investors' minds as a handy alternative play, a Reuters poll showed on Thursday. The global poll of 32 analysts and senior t
Published 29 Jan, 2005 12:00am
Oil prices fall 3.4 percent as Opec cut unlikely

Oil prices fall 3.4 percent as Opec cut unlikely

Oil prices slumped 3.4 percent on Friday as Opec signalled it would keep output unchanged at its meeting this weekend despite growing stockpile levels in the United States at the height of winter. US light crude fell $1.66 to $47.18 a barrel, while London
Published 29 Jan, 2005 12:00am
Oil prices fall 3.4 percent as Opec cut unlikely

Oil prices fall 3.4 percent as Opec cut unlikely

Oil prices slumped 3.4 percent on Friday as Opec signalled it would keep output unchanged at its meeting this weekend despite growing stockpile levels in the United States at the height of winter. US light crude fell $1.66 to $47.18 a barrel, while London
Published 29 Jan, 2005 12:00am
London cocoa slips

London cocoa slips

London cocoa futures closed down from the previous session's six-week high on Friday as the market consolidated but traders said the past week's recovery in prices could continue after the weekend. Liffe's benchmark March posted a loss of 11 pounds, or 1.
Published 29 Jan, 2005 12:00am
New York cotton closes lower

New York cotton closes lower

Cotton futures settled Friday at another month low on speculative liquidation, with the trade waiting for release of a report on potential US cotton plantings in 2005, analysts said. New York Board of Trade March cotton fell 0.51 cent to end at 43.35 cent
Published 29 Jan, 2005 12:00am
Liffe coffee ends lower by speculator selling

Liffe coffee ends lower by speculator selling

Liffe coffee ended lower in modest volume on Friday, dragged down by speculator selling but roaster buying provided support. "Some of the specs who went long did sell out when the market came off," a dealer said. "But there is industry as a buyer still do
Published 29 Jan, 2005 12:00am
Base metals close at upper end of price ranges

Base metals close at upper end of price ranges

Copper prices ended up on Friday, consolidating higher in thin volumes with investors reluctant to push prices out of their ranges, traders said. Three months copper on the London Metal Exchange (LME) gained one percent to $3,086 a tonne from $3,053 after
Published 29 Jan, 2005 12:00am
Gold stumbles in Europe, still rangebound

Gold stumbles in Europe, still rangebound

Gold momentarily perked up in Europe after US GDP data caused the dollar to wobble, but resistance around $428 per ounce kept the metal in a well-trod range, traders said. Preliminary US GDP figures for the fourth quarter showed growth of 3.1 percent, aga
Published 29 Jan, 2005 12:00am
US MIDDAY: coffee moves up on speculative interest

US MIDDAY: coffee moves up on speculative interest

Benchmark arabica coffee futures erased morning losses to close higher Friday, led by renewed speculative interest as well as roaster buying before March delivery period begins. "Everyone is kind of afraid to be short this market because the fundamentals
Published 29 Jan, 2005 12:00am
US MIDDAY: sugar easier on speculative sales

US MIDDAY: sugar easier on speculative sales

Raw sugar futures settled lower Friday on trade and speculative sales, with dealers saying the market may see further setbacks next week when funds commence switching positions out of the spot March contract. The New York Board of Trade's March raw sugar
Published 29 Jan, 2005 12:00am
US MIDDAY: wheat higher on technical recovery

US MIDDAY: wheat higher on technical recovery

Chicago Board of Trade wheat futures were higher early on Friday on a technical recovery after Thursday's drop to contract lows, traders said. As of 10:30 am CST (1630 GMT), March wheat was up 1 cent per bushel at $2.90-1/2. Short covering by locals lifte
Published 29 Jan, 2005 12:00am
US MIDDAY: corn firms on short-covering technical bounce

US MIDDAY: corn firms on short-covering technical bounce

Corn futures at the Chicago Board of Trade were mostly firm early on Friday on a mild short-covering technical bounce ahead of the weekend, traders said. At 10:10 am CST (1610 GMT), CBOT March corn was unchanged at $1.95-3/4 per bushel. Deferred contracts
Published 29 Jan, 2005 12:00am
US MIDDAY: soyabeans choppy on follow-through selling

US MIDDAY: soyabeans choppy on follow-through selling

Soyabean futures at the Chicago Board of Trade were choppy early Friday, turning weak early on follow-through selling from Thursday and rain forecasts for South America's crop region beginning this weekend, traders said. May, July and November soyabeans d
Published 29 Jan, 2005 12:00am
US MIDDAY: copper gains on economic data

US MIDDAY: copper gains on economic data

Copper futures gained on the dollar's losses early Friday after data showed the US economy grew at a slower pace than expected late last quarter, traders said. "The weaker dollar and GDP numbers are what lent to the firmer tone in copper," said one copper
Published 29 Jan, 2005 12:00am
US MIDDAY: gold slips on financial markets

US MIDDAY: gold slips on financial markets

Gold futures retreated early Friday, tracking a weaker euro, after financial markets digested slower-than-expected US economic growth, which at first boosted metals prices, dealers said. Traders were reluctant to add much to holdings, however, as they wra
Published 29 Jan, 2005 12:00am
BRIDGE NOTES: A defensive move made a world of difference

BRIDGE NOTES: A defensive move made a world of difference

It was as if the Ormon Island came alive with ceremonial festivities because of a high calibre Duplicate bridge tournament was in progress for the second time running. A large number of kibitzers gathered on bridge table to watch their favourite players.
Published 29 Jan, 2005 12:00am
SPORTS WORLD: A sad loss at Sydney

SPORTS WORLD: A sad loss at Sydney

After having beaten the West Indies in Pakistan's turn of confrontation in the tri-series one-dayer one thought they have regained assurance and would put up a decent show against the Australians. This was a crucial tie for the Kangaroos - a victory took
Published 29 Jan, 2005 12:00am
My band is still the most sought after

My band is still the most sought after

The period between Eid-ul-Fitr and Eid-ul-Azha is considered the wedding season when different kinds of music bands are used at the festivities of the offspring of rich and middle classmen alike. Among the vibrant cultural traditions of Laho
Published 29 Jan, 2005 12:00am
Hypertension and kidney disease

Hypertension and kidney disease

Hypertension is a serious condition where the blood pressure is persistently higher than normal. If left untreated, people with hypertension are at risk for heart attack, stroke or Kidney failure. Hypertension often causes no symptoms even if severe. It i
Published 29 Jan, 2005 12:00am
CAPITAL CULTURAL SCENE: Ceaseless downpour dampens the Eid festivities

CAPITAL CULTURAL SCENE: Ceaseless downpour dampens the Eid festivities

People thronged to the Margalla hills that received its first snowfall after many years. However, rains spoilt the holiday fun. There was ice on the windscreen of my car in the mornings. And it was so cold and no gas that it was a recipe for endless miser
Published 29 Jan, 2005 12:00am
CURRENT TOPICS: America gambles on democracy

CURRENT TOPICS: America gambles on democracy

Six months back the beleaguered America came to the conclusion that the only honourable exit strategy to extricate itself from the quagmire and evacuate was to hand over the bleeding country back to the Iraqis. And the best way to do it was to hold a gene
Published 29 Jan, 2005 12:00am
Return of cold brings joy to some, miseries to many

Return of cold brings joy to some, miseries to many

The return of biting cold for Karachiites at the end of January is a little bit surprising as this is the time for winter to begin its homeward journey and let spring set in. But before this could happen, there came the forecast that winter would stay a l
Published 29 Jan, 2005 12:00am
'Procedure for appointment of Opposition leader being simplified'

'Procedure for appointment of Opposition leader being simplified'

National Assembly's present rules of procedures for opposition leader's appointment are being simplified, by devising a new formula 'greatest numerical strength' to ascertain who commands the confidence of majority of opposition members. Minister for Parl
Published 29 Jan, 2005 12:00am
Ispak welcomes cut in bandwidth rates

Ispak welcomes cut in bandwidth rates

Internet Service Providers Association of Pakistan (Ispak) has welcomed the government decision to bring down bandwidth rates by 50 percent. The Ispak expressed hope the step would benefit internet users, software houses and companies engaged in Informati
Published 29 Jan, 2005 12:00am
Benazir criticises formation of water council

Benazir criticises formation of water council

Pakistan Peoples Party Chairperson and former Prime Minister Benazir Bhutto has expressed reservations about bypassing the constitutional provisions for the settlement of water issues between the provinces. According to press reports the federal governmen
Published 29 Jan, 2005 12:00am
Dr Kim arrives on January 30

Dr Kim arrives on January 30

Executive Secretary and Under Secretary General, United Nations Economic and Social Commission for Asia and the Pacific, Dr Kim-Huk-Su, is arriving here on January 30 for a three-day visit to Pakistan. On January 31, he will inaugurate the Morgah Bio-Dive
Published 29 Jan, 2005 12:00am
US trade team due in March

US trade team due in March

Lieutenant General Daniel Christman (Retd), Senior Vice President for International Affairs, said that a delegation of the US-Pakistan Business Council (USPBC) and US Chamber of Commerce would undertake a visit of Pakistan in the month of March. During it
Published 29 Jan, 2005 12:00am
Jirga decides to kill Dr Shazia, claims PMA

Jirga decides to kill Dr Shazia, claims PMA

Pakistan Medical Association (PMA) has said a tribal Jirga in Sindh province had allegedly decided to kill the lady doctor Shazia Khalid who was allegedly gang-raped in Sui to restore the lost honour of the tribe. PMA President Dr Umer Ayub in a statement
Published 29 Jan, 2005 12:00am
Noise pollution assumes dangerous proportions

Noise pollution assumes dangerous proportions

Some densely populated and round the clock busy crossings in the Punjab capital have been badly affected by the fatal elements polluting the environment. Noise Level, Particulate Matter (PM) and NOx at Railway Station, Yadgar Chowk, Yateem Khana Chowk, Ch
Published 29 Jan, 2005 12:00am
Chattha denies cross-border terrorism allegations

Chattha denies cross-border terrorism allegations

Chairman Kashmir Committee Hamid Nasir Chattha has said that solution of Indian occupied Kashmir dispute in accordance with the wishes of Kashmiri people is the only guarantee for normalisation of Indian-Pakistan relations. The struggle of Kashmiri people
Published 29 Jan, 2005 12:00am
US envoy calls on Chief of Air Staff

US envoy calls on Chief of Air Staff

US Ambassador Ryan C Crocker on Friday called on Chief of the Air Staff, Air Chief Marshal Kaleem Saadat, at Air Headquarters Chaklala. They remained together for some time and discussed matters pertaining to professional and mutual interests. Later, both
Published 29 Jan, 2005 12:00am
China to sign protocol for Pakistani rice export in April

China to sign protocol for Pakistani rice export in April

China will sign a formal protocol in April, paving the way for introducing Pakistani rice in the local market. The protocol would be signed on the eve of forthcoming visit to Pakistan by the Chinese Primer Wen Jiabao, official sources told newsmen here on
Published 29 Jan, 2005 12:00am
PIA's loss

PIA's loss

On 27th of January PIA finally lost the services of AVM Niaz Rtd, who has served it more than Viqar Azeem, Aijaz Ali, Noor Leghari etc put together. The deals that he saw through like state of the art seats, in-flight music etc for PIA's brand new B777, l
Published 29 Jan, 2005 12:00am
No gas for Sindh

No gas for Sindh

We have a President in khaki who always insists that the dual role is for national security reasons. But despite this there are on-going insurgencies in Wana and in Sui. The dual role has not been able to contain and crush the unrest there.
Published 29 Jan, 2005 12:00am
Yushchenko vows to clean house in Ukraine

Yushchenko vows to clean house in Ukraine

Amid vows by Ukraine's new President Viktor Yushchenko to clean house after years of corruption, members of yesterday's elite in Kiev are scrambling to distance themselves from the outgoing regime. "We intend to work with and help the new authorities," sa
Published 29 Jan, 2005 12:00am
Putin eases purse strings to sweeten social reforms

Putin eases purse strings to sweeten social reforms

With pledges to boost military and police salaries and student stipends, President Vladimir Putin is trying to sweeten the pill of his social reforms which have sparked the first popular unrest he has faced since coming to power in 2000. This extra spendi
Published 29 Jan, 2005 12:00am
Ship owning in Pakistan: outdated laws

Ship owning in Pakistan: outdated laws

The industrial and economic revolutions which the shipping industry has passed through during the 20th century are (i) the containers revolution of the 70's, (ii) the electronic revolution, (iii) the advancement of information technology and (iv), the glo
Published 29 Jan, 2005 12:00am
Furthering the cause of education

Furthering the cause of education

In his remarks at the foundation laying ceremony of a private medical college in Peshawar on Tuesday, the NWFP Governor, Lieutenant General Iftikhar Hussain Shah (Retd), among other things, emphasised the need to bring about both quantitative and qualitat
Published 29 Jan, 2005 12:00am
Unattractive aspects of investment opportunities

Unattractive aspects of investment opportunities

Prime Minister Shaukat Aziz held a breakfast meeting in Brussels with businessmen from the Walloon region on Wednesday, where he tried to explain to them why Pakistan is a good place to invest in trade and industry. Aside from pointing out that the countr
Published 29 Jan, 2005 12:00am
Aitchison College branches to be opened in Punjab cities

Aitchison College branches to be opened in Punjab cities

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has announced to open branches of Aitchison College in various cities of the province including Faisalabad and Multan. He has also constituted a Task Force for setting up of Aitchison College for Wo
Published 29 Jan, 2005 12:00am
South Korean envoy meets Punjab chief minister

South Korean envoy meets Punjab chief minister

Ambassador of South Korea in Pakistan Jeonbou Guan called on Punjab Chief Minister Chaudhry Pervaiz Elahi here on Friday. According to an official, a number of investors from South Korea were also present on this occasion. Pervaiz said the government was
Published 29 Jan, 2005 12:00am
Wapda medal winners honoured

Wapda medal winners honoured

Wapda Chairman Tariq Hamid has said his organisation was fulfilling its responsibilities for the promotion of sports in line with the priorities set-forth by the President and Prime Minister of Pakistan. He expressed these views while addressing the cerem
Published 29 Jan, 2005 12:00am
Mobile animal health service launched in Punjab

Mobile animal health service launched in Punjab

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that Mobile Animal Health Service has been started in Punjab for the first time in the history of the country for the benefit of livestock farmers. He was speaking at the inauguration of Mobile Animal
Published 29 Jan, 2005 12:00am
People creating sectarian hatred warned

People creating sectarian hatred warned

Government has decided to deal people who are creating sectarian hatred with iron hands in order to maintain peace and security during Muharram ul Haram, said Advisor to Chief Minister on Religious Affairs Maulana Tahir Mehmood Ashrafi here on Friday. "Go
Published 29 Jan, 2005 12:00am
Policy-makers asked to benefit from ASCE research output

Policy-makers asked to benefit from ASCE research output

Federal Education Minister Javed Ashraf Qazi has asked the policy-makers to interact with the Area Study Centre for Europe (ASCE), University of Karachi and benefit from its research output. Qazi on Friday visited the Centre and met the faculty and studen
Published 29 Jan, 2005 12:00am
Oxford launches Shaharyar's book on cricket

Oxford launches Shaharyar's book on cricket

Oxford University Press launched its latest publication 'Cricket: A Bridge of Peace' by Shaharyar M. Khan. This book is based on the diaries maintained by the author when he was the manager of the Pakistan cricket teem during its tour of India in 1999 and
Published 29 Jan, 2005 12:00am
'Joint efforts to be made to help tsunami victims'

'Joint efforts to be made to help tsunami victims'

Pakistan, Sri Lanka Business Council has decided to make joint efforts with the help of businessmen in Sri Lanka to make a solid strategy to help tsunami victims. In a meeting, held under the chairmanship of outgoing president of the council Iftikhar Alla
Published 29 Jan, 2005 12:00am
British firm keen to invest in Sindh coal fields

British firm keen to invest in Sindh coal fields

A British company, Raymond Professional Group Limited, has shown interest for investing in coal fields at Thar and Sonda in Sindh. A delegation of Raymond Group Limited met with Sindh Minister for Mines and Mineral Development Irfan Marwat here on Friday,
Published 29 Jan, 2005 12:00am
Women given 33 percent representation in district governments

Women given 33 percent representation in district governments

Sindh Minister for Women Development Dr Saeeda Malik on Friday said that present government had given an opportunity of decision making to women by giving them 33 percent representation in district governments and is focusing special attention on adult li
Published 29 Jan, 2005 12:00am
The Weather

The Weather

The weather report on Friday (January 28) and the forecast for Saturday (January 29, 2005).
Published 29 Jan, 2005 12:00am
Expo Pakistan to focus on buyers-driven FDI

Expo Pakistan to focus on buyers-driven FDI

The main focus of Expo Pakistan would be on buyers-driven foreign direct investment (FDI) and to make a quantum leap in exports. This was stated by vice chairman Export Promotion Bureau (EPB) Abid Javed Akbar at a Press conference held at the EPB head off
Published 29 Jan, 2005 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 29 Jan, 2005 12:00am
Kidnapped judge released

Kidnapped judge released

Additional District and Sessions, Judge, Abdul Wahab Abbasi has been released by kidnappers. The Registrar of Sindh High Court, Shaukat Ali Memon confirmed here on Friday. Memon when contacted by APP said one of the abducted judges has been released and h
Published 29 Jan, 2005 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 29 Jan, 2005 12:00am
British Airways urged to revoke cut in travel agency commission

British Airways urged to revoke cut in travel agency commission

Travel Agents Association of Pakistan (TAAP) has alleged British Airways for violation of business rules. In a press release issued here on Friday, the association adopted the stance that in the larger interest of travel industry and airline business the
Published 29 Jan, 2005 12:00am
Key stock market movements at 1800 GMT on January 28

Key stock market movements at 1800 GMT on January 28

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 29 Jan, 2005 12:00am
'Majority of de-listed firms failed to comply with KSE rules'

'Majority of de-listed firms failed to comply with KSE rules'

The majority of 24 companies delisted by the Karachi Stock Exchange (KSE) during the past couple of years, did not comply with or meet the requirements and regulations of the KSE. This was stated by the Managing Director of KSE, Moin Fudda, while talking
Published 29 Jan, 2005 12:00am
LHC summons SP Sheikhupura

LHC summons SP Sheikhupura

The Lahore High Court (LHC) has issued notice to SP Sheikhupura and directed him to appear before the court and inform as to why he did not register case against the accused involved in a gang rape case in accordance with the law. The court passed these o
Published 29 Jan, 2005 12:00am
ISE donates Rs 0.85 million for tsunami victims

ISE donates Rs 0.85 million for tsunami victims

Islamabad Stock Exchange (ISE) has donated Rs 850,000 to the President Relief Fund to share the pain of Asian tsunami victims. The members of the ISE have collected the amount and handed over to Dr Tariq Hassan Chairman Securities and Exchange Commission
Published 29 Jan, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (January 28, 2005).

Published 29 Jan, 2005 12:00am
Wahab Khairi case: inquiry against judicial magistrate from February 1

Wahab Khairi case: inquiry against judicial magistrate from February 1

The inquiry ordered by Chief Justice Nazim Hussain Siddiqui against a Rawalpindi judicial magistrate Nasir Javed Rana for remanding advocate Wahab Khairi to police custody without the latter's presence in the court is to begin at Lahore from February 1. T
Published 29 Jan, 2005 12:00am
Sozo Park to reopen next month

Sozo Park to reopen next month

Sozo Water Park Jallo will be reopening in the first week of February, as the University of Engineering and Technology (UET) has completed 90 percent checking of rides installed at the park. Sozo Water Park Director Sohail Lashari told this while talking
Published 29 Jan, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 28, 2005).

Published 29 Jan, 2005 12:00am
PTCL launches WLL service in Islamabad and Rawalpindi

PTCL launches WLL service in Islamabad and Rawalpindi

Pakistan Telecommunication Limited has launched its WLL services in twin cities with Rs 500 connection charges and varying prices of 6 and 20 kilometres ranges. Without GST the 6 kilometres phone set price is Rs 2999 and for 20 kilometres the price is Rs
Published 29 Jan, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (January 28) and for Saturday (January 29, 2005).
Published 29 Jan, 2005 12:00am
MQM against military operation in Balochistan, says Altaf

MQM against military operation in Balochistan, says Altaf

Muttahida Qaumi Movement (MQM) does not like any military operation or use of force in Balochistan and would not join government efforts in such actions. This was stated by Altaf Hussain, founder and leader of MQM in his telephonic address direct from Lon
Published 29 Jan, 2005 12:00am
MMA may discuss modalities for grand alliance next week

MMA may discuss modalities for grand alliance next week

Amid indications of formation of grand alliance, the Supreme Council of the Muttahida Majlis-i-Amal is likely to meet next week, probably on February 4, here to discuss modalities for joining hands with the Alliance for Restoration of Democracy. MMA sourc
Published 29 Jan, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (January 28, 2005).

Published 29 Jan, 2005 12:00am
Musharraf visits Shujaat and Elahi's residences

Musharraf visits Shujaat and Elahi's residences

President General Pervez Musharraf along with his wife on Friday visited the residence of PML President Chaudhry Shujaat Hussain. They also visited Punjab Chief Minister Chaudhry Pervaiz Elahi and expressed condolences on the demise of his father Chaudhry
Published 29 Jan, 2005 12:00am
Expo-2005 to boost exports of local products: minister

Expo-2005 to boost exports of local products: minister

Commerce Minister, Humayun Akhtar Khan on Friday said the Expo-2005 will prove to be a mega and export-oriented event, projecting Pakistan's image as a moderate, enlightened and progressive country of the world. "International Spring Trade Fair (ISTF) 200
Published 29 Jan, 2005 12:00am
Suicide bomber's head handed over to father

Suicide bomber's head handed over to father

The head of the terrorist involved in the suicide attack on Shaukat Aziz was handed over to his father for burial in his ancestral graveyard in Lahore. The anti Terrorist Court Judge Rawalpindi Safdar Hussain Malik after hearing the father of the suicide
Published 29 Jan, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 28, 2005).

Published 29 Jan, 2005 12:00am
Minister for expediting child rights and welfare works

Minister for expediting child rights and welfare works

Federal Minister for Social Welfare and Special Education, Zobaida Jalal has urged the representative of federal and provincial governments, donors and NGOs to extend co-operation in expediting work on 'National Plan of Action' to make children truly prot
Published 29 Jan, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 28, 2005).

Published 29 Jan, 2005 12:00am
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