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Print - 2005-07-04
Breach in Ghotano canal

Breach in Ghotano canal

The Ghotano Canal on Sunday suffered a 15-feet breach, sending hundreds of acres of standing crops under gushing water. The canal suffered the breach at Village Allah Dino Jamali and water also damaged some houses of the villagers. Later, the villagers pl
Published 04 Jul, 2005 12:00am
Fire at Bulbul Hazar Dastan building

Fire at Bulbul Hazar Dastan building

Bulbul Hazar Dastan building located in Napier Road caught fire on Sunday, according to a private TV channel. However, no casualty was reported. Fire Brigade was called in immediately. Chief Fire Officer Kazim Ali said that the situation is under control
Published 04 Jul, 2005 12:00am
Labour union leader gunned down

Labour union leader gunned down

The Vice President of Pakistan Steel Labour Union (Paslu), Tajammul Hussain was gunned down outside his home by unknown assailants in the wee hours of Sunday. According to details, Tajammul Hussain was locking the main gate of his home in Gulshan-e-Hadeed
Published 04 Jul, 2005 12:00am
Efforts afoot to sustain economic growth: BoI chief

Efforts afoot to sustain economic growth: BoI chief

Chairman Board of Investment Waseem Haqqie said here on Sunday that Pakistan economy had now entered the stage of sustained high growth which shall continue through 2015. At present, all indications were that investment from abroad in the power sector wou
Published 04 Jul, 2005 12:00am
Bolan Bank assumes new identity

Bolan Bank assumes new identity

The Bolan Bank Limited has undergone a management change recently. Under the new management, the bank is taking major strides to provide excellent customer service banking in the country through engaged and motivated people, latest technology and contempo
Published 04 Jul, 2005 12:00am
MQM workers conventions today

MQM workers conventions today

Muttahida Qaumi Movement (MQM) workers conventions will be held on Monday in 17 towns and cities of Sindh, including Karachi. MQM chief Altaf Hussain would simultaneously address these conventions over telephone from London. In Karachi, the meeting would
Published 04 Jul, 2005 12:00am
Malaysian team meets Arbab

Malaysian team meets Arbab

A three-member delegation of Asian Strategy and Leadership Institute (ASLI) comprising Tan Sri Musa Hitam, former deputy prime minister of Malaysia, Dato Micheal Yeoh, CEO, ASLI and Ms. Mazwin Moer Ahmed, Programme Director, ASLI, called on Sindh Chief Mi
Published 04 Jul, 2005 12:00am
Efforts on to involve community at every level: Ibad

Efforts on to involve community at every level: Ibad

Sindh Governor Dr Ishratul Ibad has said that the government is making efforts for participation of community at every level, and positive and encouraging results of this process were emerging. He was speaking at a get-together of residents of Defence Hou
Published 04 Jul, 2005 12:00am
Battle lines drawn over US Supreme Court nomination

Battle lines drawn over US Supreme Court nomination

US lawmakers drew battle lines on Sunday for the coming fight over a new Supreme Court justice, and demanded opponents foster a civil confirmation process. US Republicans and Democrats were geared up for a major political fight over a successor to Supreme
Published 04 Jul, 2005 12:00am
Bush wants action against global warming at G8

Bush wants action against global warming at G8

While the G8 has to tackle climate change, US President George W. Bush vowed to spurn any Kyoto-style deal on the "significant" problem of global warming, he said in an interview to be aired on Monday. Bush told Britain's ITV television ahead of the July
Published 04 Jul, 2005 12:00am
Former defence production chairman dies

Former defence production chairman dies

Former Defence Production Division chairman Major General Ihsan-ul-Haq Malik (Retd) died here after protracted illness on Saturday night. He was 83. He has left behind a son and a daughter. The funeral will be held at 6:00 pm on Monday and he would be bur
Published 04 Jul, 2005 12:00am
Two Pakistanis beheaded in Saudi Arabia

Two Pakistanis beheaded in Saudi Arabia

Saudi Arabia executed two Pakistani men on Sunday who murdered their aunt and robbed her, the Interior Ministry said. It said in a statement that Mazen Warbujan and his brother Hisham had strangled their aunt, Zubaida Abdul Rehman.
Published 04 Jul, 2005 12:00am
KSE share prices post 41 percent gain

KSE share prices post 41 percent gain

The share prices during the last fiscal year recorded an increase of 41 percent despite March crisis, resulting in massive erosion, impetus was mainly because of higher corporate results, improvement in macro-economic indicators and the privatisation of s
Published 04 Jul, 2005 12:00am
KSE share prices post 41 percent gain

KSE share prices post 41 percent gain

The share prices during the last fiscal year recorded an increase of 41 percent despite March crisis, resulting in massive erosion, impetus was mainly because of higher corporate results, improvement in macro-economic indicators and the privatisation of s
Published 04 Jul, 2005 12:00am
KSE share prices post 41 percent gain

KSE share prices post 41 percent gain

The share prices during the last fiscal year recorded an increase of 41 percent despite March crisis, resulting in massive erosion, impetus was mainly because of higher corporate results, improvement in macro-economic indicators and the privatisation of s
Published 04 Jul, 2005 12:00am
200,000 tonnes refined sugar to be imported

200,000 tonnes refined sugar to be imported

Pakistan will import about 200,000 tonnes of refined sugar in coming weeks and it''s likely some of this will come from India if the two countries can resolve a long-running trade row, a trader said on Sunday. "On imports of sugar from India, we expect th
Published 04 Jul, 2005 12:00am
200,000 tonnes refined sugar to be imported

200,000 tonnes refined sugar to be imported

Pakistan will import about 200,000 tonnes of refined sugar in coming weeks and it's likely some of this will come from India if the two countries can resolve a long-running trade row, a trader said on Sunday. "On imports of sugar from India, we expect the
Published 04 Jul, 2005 12:00am
200,000 tonnes refined sugar to be imported

200,000 tonnes refined sugar to be imported

Pakistan will import about 200,000 tonnes of refined sugar in coming weeks and it's likely some of this will come from India if the two countries can resolve a long-running trade row, a trader said on Sunday. "On imports of sugar from India, we expect the
Published 04 Jul, 2005 12:00am
Swat, Kabul and Indus rivers in high flood

Swat, Kabul and Indus rivers in high flood

The river Swat is in very high flood at Monda, river Kabul is in high flood at Warsak and Nowshera while Indus is in high flood at Kalabagh with falling tendency. The river Indus is in medium flood at Chashma and in low flood at Taunsa and Guddu while the
Published 04 Jul, 2005 12:00am
Swat, Kabul and Indus rivers in high flood

Swat, Kabul and Indus rivers in high flood

The river Swat is in very high flood at Monda, river Kabul is in high flood at Warsak and Nowshera while Indus is in high flood at Kalabagh with falling tendency. The river Indus is in medium flood at Chashma and in low flood at Taunsa and Guddu while the
Published 04 Jul, 2005 12:00am
Ministers escape attack as 11 killed in Indian occupied Kashmir

Ministers escape attack as 11 killed in Indian occupied Kashmir

Two senior puppet ministers in occupied Kashmir narrowly escaped a landmine blast which injured six policemen while 11 people died in other violence, police said on Sunday. Rural development minister Peerzada Mohammed Sayeed and roads and buildings minist
Published 04 Jul, 2005 12:00am
Ministers escape attack as 11 killed in Indian occupied Kashmir

Ministers escape attack as 11 killed in Indian occupied Kashmir

Two senior puppet ministers in occupied Kashmir narrowly escaped a landmine blast which injured six policemen while 11 people died in other violence, police said on Sunday. Rural development minister Peerzada Mohammed Sayeed and roads and buildings minist
Published 04 Jul, 2005 12:00am
Basque premier says Spain in talks with ETA ally

Basque premier says Spain in talks with ETA ally

The Basque regional premier said in an interview published on Sunday that Spain's government was in talks with banned separatist group Batasuna, but the ruling Socialist party denied negotiations were taking place.
Published 04 Jul, 2005 12:00am
Earth Day founder Gaylord Nelson dead at 89

Earth Day founder Gaylord Nelson dead at 89

Former Wisconsin Senator Gaylord Nelson, who founded Earth Day 35 years ago to propagate his lifelong devotion to the environment, died at his home early on Sunday. Nelson, 89, whose congressional legacy included environmental measures such as the 1964 Wi
Published 04 Jul, 2005 12:00am
Mixed trend on LSE

Mixed trend on LSE

The local stock market painted a mixed picture amid conflicting news regarding the issue of phasing out of badla and commencement of margin financing last week, while the Lahore Stock Exchange (LSE) index managed a positive closing, depicting an increase
Published 04 Jul, 2005 12:00am
Mixed trend on LSE

Mixed trend on LSE

The local stock market painted a mixed picture amid conflicting news regarding the issue of phasing out of badla and commencement of margin financing last week, while the Lahore Stock Exchange (LSE) index managed a positive closing, depicting an increase
Published 04 Jul, 2005 12:00am
Fault traced in submarine cable

Fault traced in submarine cable

Repair work at a faulty undersea fibre-optic cable that has virtually crippled Internet access in Pakistan was expected to begin later on Sunday after sonic tests narrowed down the fault, officials said. The submarine cable, Pakistan''s sole international
Published 04 Jul, 2005 12:00am
Fault traced in submarine cable

Fault traced in submarine cable

Repair work at a faulty undersea fibre-optic cable that has virtually crippled Internet access in Pakistan was expected to begin later on Sunday after sonic tests narrowed down the fault, officials said. The submarine cable, Pakistan's sole international
Published 04 Jul, 2005 12:00am
Fault traced in submarine cable

Fault traced in submarine cable

Repair work at a faulty undersea fibre-optic cable that has virtually crippled Internet access in Pakistan was expected to begin later on Sunday after sonic tests narrowed down the fault, officials said. The submarine cable, Pakistan's sole international
Published 04 Jul, 2005 12:00am
Fire at PSO lubricants plant extinguished

Fire at PSO lubricants plant extinguished

Fire fighters early morning on Sunday, after a six-hour long operation, finally succeeded in putting out a massive fire that broke out in a storage shed of Pakistan State Oil's lubricant manufacturing terminal. CDGK's Deputy Chief Fire Officer Naeem Yousu
Published 04 Jul, 2005 12:00am
Fire at PSO lubricants plant extinguished

Fire at PSO lubricants plant extinguished

Fire fighters early morning on Sunday, after a six-hour long operation, finally succeeded in putting out a massive fire that broke out in a storage shed of Pakistan State Oil's lubricant manufacturing terminal. CDGK's Deputy Chief Fire Officer Naeem Yousu
Published 04 Jul, 2005 12:00am
Body formed to settle Sindh and Balochistan water sharing dispute

Body formed to settle Sindh and Balochistan water sharing dispute

The federal government has appointed a three-member committee to sort out the issue of water share between Sindh and Balochistan, said Provincial Minister for Irrigation Maulvi Ataullah Lango here on Sunday. He told APP that committee comprises two senior
Published 04 Jul, 2005 12:00am
Body formed to settle Sindh and Balochistan water sharing dispute

Body formed to settle Sindh and Balochistan water sharing dispute

The federal government has appointed a three-member committee to sort out the issue of water share between Sindh and Balochistan, said Provincial Minister for Irrigation Maulvi Ataullah Lango here on Sunday. He told APP that committee comprises two senior
Published 04 Jul, 2005 12:00am
Body formed to settle Sindh and Balochistan water sharing dispute

Body formed to settle Sindh and Balochistan water sharing dispute

The federal government has appointed a three-member committee to sort out the issue of water share between Sindh and Balochistan, said Provincial Minister for Irrigation Maulvi Ataullah Lango here on Sunday. He told APP that committee comprises two senior
Published 04 Jul, 2005 12:00am
Body formed to settle Sindh and Balochistan water sharing dispute

Body formed to settle Sindh and Balochistan water sharing dispute

The federal government has appointed a three-member committee to sort out the issue of water share between Sindh and Balochistan, said Provincial Minister for Irrigation Maulvi Ataullah Lango here on Sunday. He told APP that committee comprises two senior
Published 04 Jul, 2005 12:00am
Essential items hoarding not to be allowed: Shaukat

Essential items hoarding not to be allowed: Shaukat

Prime Minister Shaukat Aziz on Sunday said the government would not allow hoarding of essential items and also profiteering to ensure their supply in the market on reasonable prices. He paid a surprise visit to a Utility Store here in the federal capital
Published 04 Jul, 2005 12:00am
Essential items hoarding not to be allowed: Shaukat

Essential items hoarding not to be allowed: Shaukat

Prime Minister Shaukat Aziz on Sunday said the government would not allow hoarding of essential items and also profiteering to ensure their supply in the market on reasonable prices. He paid a surprise visit to a Utility Store here in the federal capital
Published 04 Jul, 2005 12:00am
Essential items hoarding not to be allowed: Shaukat

Essential items hoarding not to be allowed: Shaukat

Prime Minister Shaukat Aziz on Sunday said the government would not allow hoarding of essential items and also profiteering to ensure their supply in the market on reasonable prices. He paid a surprise visit to a Utility Store here in the federal capital
Published 04 Jul, 2005 12:00am
Boeing and Airbus may set up factories in Pakistan

Boeing and Airbus may set up factories in Pakistan

Pakistan has invited Boeing Company and Airbus to set up their factories here and both aviation giants, one from US and the other from Europe, have shown keen interest to invest up to $20 billion in 7 years, sources told Business Recorder here on S
Published 04 Jul, 2005 12:00am
Boeing and Airbus may set up factories in Pakistan

Boeing and Airbus may set up factories in Pakistan

Pakistan has invited Boeing Company and Airbus to set up their factories here and both aviation giants, one from US and the other from Europe, have shown keen interest to invest up to $20 billion in 7 years, sources told Business Recorder here on S
Published 04 Jul, 2005 12:00am
Boeing and Airbus may set up factories in Pakistan

Boeing and Airbus may set up factories in Pakistan

Pakistan has invited Boeing Company and Airbus to set up their factories here and both aviation giants, one from US and the other from Europe, have shown keen interest to invest up to $20 billion in 7 years, sources told Business Recorder here on S
Published 04 Jul, 2005 12:00am
Nadra accepts CBR idea to compile vehicles database

Nadra accepts CBR idea to compile vehicles database

The National Database Regulatory Authority (Nadra) has accepted a proposal of Central Board of Revenue (CBR) to compile a national database on vehicles plying in the country, and will control smuggling of cars in future.
Published 04 Jul, 2005 12:00am
Nadra accepts CBR idea to compile vehicles database

Nadra accepts CBR idea to compile vehicles database

The National Database Regulatory Authority (Nadra) has accepted a proposal of Central Board of Revenue (CBR) to compile a national database on vehicles plying in the country, and will control smuggling of cars in future.
Published 04 Jul, 2005 12:00am
Nadra accepts CBR idea to compile vehicles database

Nadra accepts CBR idea to compile vehicles database

The National Database Regulatory Authority (Nadra) has accepted a proposal of Central Board of Revenue (CBR) to compile a national database on vehicles plying in the country, and will control smuggling of cars in future.
Published 04 Jul, 2005 12:00am
Six percent withholding tax on three items restored

Six percent withholding tax on three items restored

The Central Board of Revenue (CBR) has decided to restore 6 percent withholding tax on import of three items. These are Sodium Hydroxide (Caustic Soda), solid (PCT heading 2815.1100); Sodium Hydroxide (Caustic Soda), in aqueous solution (PCT 2815.1200); a
Published 04 Jul, 2005 12:00am
Six percent withholding tax on three items restored

Six percent withholding tax on three items restored

The Central Board of Revenue (CBR) has decided to restore 6 percent withholding tax on import of three items. These are Sodium Hydroxide (Caustic Soda), solid (PCT heading 2815.1100); Sodium Hydroxide (Caustic Soda), in aqueous solution (PCT 2815.1200); a
Published 04 Jul, 2005 12:00am
Six percent withholding tax on three items restored

Six percent withholding tax on three items restored

The Central Board of Revenue (CBR) has decided to restore 6 percent withholding tax on import of three items. These are Sodium Hydroxide (Caustic Soda), solid (PCT heading 2815.1100); Sodium Hydroxide (Caustic Soda), in aqueous solution (PCT 2815.1200); a
Published 04 Jul, 2005 12:00am
Six percent withholding tax on three items restored

Six percent withholding tax on three items restored

The Central Board of Revenue (CBR) has decided to restore 6 percent withholding tax on import of three items. These are Sodium Hydroxide (Caustic Soda), solid (PCT heading 2815.1100); Sodium Hydroxide (Caustic Soda), in aqueous solution (PCT 2815.1200); a
Published 04 Jul, 2005 12:00am
Selling pressure hits stock market

Selling pressure hits stock market

Badla extension rumours, payment from the UAE-based Etisalat and the increase in oil and gas prices prompted the investors to build fresh positions in some of the key scrips cautiously, as selling pressure forced the index close below 7500 level. Once aga
Published 04 Jul, 2005 12:00am
Selling pressure hits stock market

Selling pressure hits stock market

Badla extension rumours, payment from the UAE-based Etisalat and the increase in oil and gas prices prompted the investors to build fresh positions in some of the key scrips cautiously, as selling pressure forced the index close below 7500 level. Once aga
Published 04 Jul, 2005 12:00am
Selling pressure hits stock market

Selling pressure hits stock market

Badla extension rumours, payment from the UAE-based Etisalat and the increase in oil and gas prices prompted the investors to build fresh positions in some of the key scrips cautiously, as selling pressure forced the index close below 7500 level. Once aga
Published 04 Jul, 2005 12:00am
Minfal failure compels government to allow duty-free wheat import

Minfal failure compels government to allow duty-free wheat import

Public sector''s failure to build up strategic reserve to the target of 0.9 million tons wheat and Punjab government''s ''desire'' forced the federal government to allow duty- and tax-free import of wheat, sources in Finance Ministry told Business Recorde
Published 04 Jul, 2005 12:00am
Minfal failure compels government to allow duty-free wheat import

Minfal failure compels government to allow duty-free wheat import

Public sector's failure to build up strategic reserve to the target of 0.9 million tons wheat and Punjab government's 'desire' forced the federal government to allow duty- and tax-free import of wheat, sources in Finance Ministry told Business Recorder.
Published 04 Jul, 2005 12:00am
Minfal failure compels government to allow duty-free wheat import

Minfal failure compels government to allow duty-free wheat import

Public sector's failure to build up strategic reserve to the target of 0.9 million tons wheat and Punjab government's 'desire' forced the federal government to allow duty- and tax-free import of wheat, sources in Finance Ministry told Business Recorder.
Published 04 Jul, 2005 12:00am
NSS rates likely to rise by 150 basis points

NSS rates likely to rise by 150 basis points

The government in order to halt the outflow from National Saving Schemes (NSS), good returns offered by commercial banks and rising interest rates would raise the rate of returns from NSS by as much as 150 basis points soon.
Published 04 Jul, 2005 12:00am
NSS rates likely to rise by 150 basis points

NSS rates likely to rise by 150 basis points

The government in order to halt the outflow from National Saving Schemes (NSS), good returns offered by commercial banks and rising interest rates would raise the rate of returns from NSS by as much as 150 basis points soon.
Published 04 Jul, 2005 12:00am
NSS rates likely to rise by 150 basis points

NSS rates likely to rise by 150 basis points

The government in order to halt the outflow from National Saving Schemes (NSS), good returns offered by commercial banks and rising interest rates would raise the rate of returns from NSS by as much as 150 basis points soon.
Published 04 Jul, 2005 12:00am
NSS rates likely to rise by 150 basis points

NSS rates likely to rise by 150 basis points

The government in order to halt the outflow from National Saving Schemes (NSS), good returns offered by commercial banks and rising interest rates would raise the rate of returns from NSS by as much as 150 basis points soon.
Published 04 Jul, 2005 12:00am
The Rupee: dollar moves both ways in forex market

The Rupee: dollar moves both ways in forex market

The rupee moved both ways versus dollar during last week ended on July 2, 2005, after the completion of the year-end payments, currency analysts said. In the inter-bank market, the rupee picked up 10 paisa versus dollar for buying and selling at Rs 59.65
Published 04 Jul, 2005 12:00am
The Rupee: dollar moves both ways in forex market

The Rupee: dollar moves both ways in forex market

The rupee moved both ways versus dollar during last week ended on July 2, 2005, after the completion of the year-end payments, currency analysts said. In the inter-bank market, the rupee picked up 10 paisa versus dollar for buying and selling at Rs 59.65
Published 04 Jul, 2005 12:00am
Egyptian diplomat kidnapped in Iraq

Egyptian diplomat kidnapped in Iraq

The Egyptian ambassador designate to Iraq was kidnapped on Saturday while walking alone on a Baghdad street in the first abduction of a head of mission since the spate of foreign hostage-taking began. Ihab al-Sharif, 51, had parked his car in front of a f
Published 04 Jul, 2005 12:00am
Egyptian diplomat kidnapped in Iraq

Egyptian diplomat kidnapped in Iraq

The Egyptian ambassador designate to Iraq was kidnapped on Saturday while walking alone on a Baghdad street in the first abduction of a head of mission since the spate of foreign hostage-taking began. Ihab al-Sharif, 51, had parked his car in front of a f
Published 04 Jul, 2005 12:00am
Shaukat urges people to take active part in local bodies polls

Shaukat urges people to take active part in local bodies polls

Prime Minister Shaukat Aziz on Sunday said local bodies elections would be fair, free and impartial and a level playing field would be available to all candidates. Talking to MNA Riaz Hussain Pirzada here at the Prime Minister house, the Prime Minister ur
Published 04 Jul, 2005 12:00am
The Weather

The Weather

The weather report on Sunday (July 03) and the forecast for Monday (July 04, 2005).
Published 04 Jul, 2005 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (June 27 to July 02, 2005).

Published 04 Jul, 2005 12:00am
Roger Federer factfile

Roger Federer factfile

Factfile on Roger Federer who won the Wimbledon men's singles title on Sunday:
Published 04 Jul, 2005 12:00am
Hidayat and Zhang win titles

Hidayat and Zhang win titles

Indonesia's Taufik Hidayat won his first title on Sunday since claiming Athens Olympic gold, defeating China's Chen Hong in straight sets in the final of the Singapore Open badminton tournament. The world number eight took just 48 minutes to beat Chen, th
Published 04 Jul, 2005 12:00am
England and Australia tie Triangular Series final

England and Australia tie Triangular Series final

England and Australia tied the Triangular Series final at Lord's here on Saturday. (Partly reporter in Sunday's Business Recorder). Set 197 to win after their captain, Michael Vaughan, won the toss and fielded, England collapsed to 33 for five inside 10 o
Published 04 Jul, 2005 12:00am
Inzamam waiting for Ashes to gauge England

Inzamam waiting for Ashes to gauge England

Pakistan cricket captain Inzamamul Haq on Sunday said he would keep a close eye on the upcoming Ashes series to gauge England's form ahead of their cricket tour here. England's five-Test Ashes series with Australia begins on July 21 and England will trave
Published 04 Jul, 2005 12:00am
McGrath singles out classy Harmison

McGrath singles out classy Harmison

Australia's Glenn McGrath, arguably the world's best fast bowler during the past decade, said he expected England's Stephen Harmison to play a major role in the forthcoming Ashes Tests after both men starred in Saturday's tied Triangular Series one-day fi
Published 04 Jul, 2005 12:00am
Tiger stalks major-winning to co-leaders

Tiger stalks major-winning to co-leaders

World number one Tiger Woods eagled the par-5 15th hole for the second day in a row and jumped into fourth place here on Saturday at the PGA Western Open, stalking co-leaders Ben Curtis and Jim Furyk. Curtis, the 2003 British Open winner who has missed th
Published 04 Jul, 2005 12:00am
Black and Huber win women's doubles title

Black and Huber win women's doubles title

Second seeds Cara Black of Zimbabwe and Liezel Huber of South Africa won the Wimbledon women's doubles title on Sunday for their first Grand Slam title since joining forces at the start of the year. They defeated the untested duo of Amelie Mauresmo of Fra
Published 04 Jul, 2005 12:00am
Davenport down but not yet out

Davenport down but not yet out

Another Grand Slam another near miss, but Lindsay Davenport is not yet ready to call it a day. The 29-year-old American's agonising 4-6, 7-6 (7/4), 9-7 loss to Venus Williams in Saturday's Wimbledon showcase will go down as one of the greatest women's fin
Published 04 Jul, 2005 12:00am
It's my destiny to keep winning: Venus

It's my destiny to keep winning: Venus

Venus Williams believes it's her destiny to keep winning more Grand Slam titles after she clinched a third Wimbledon crown in an epic final here on Saturday. The 25-year-old American's 4-6, 7-6 (7/4), 9-7 win over top seed Lindsay Davenport in the longest
Published 04 Jul, 2005 12:00am
Artistic Olympian Ashfaq passes away

Artistic Olympian Ashfaq passes away

Mohammad Ashfaq, once the peerless playmaker of Pakistan hockey team, breathed his last at CMH here on Sunday morning. He was 58. Nicknamed "Fukku", the hockey Olympian was one of the inspirational players in Pakistan team's gold-medal victory at the Mexi
Published 04 Jul, 2005 12:00am
Wimbledon hat-trick for peerless Federer

Wimbledon hat-trick for peerless Federer

Roger Federer produced another master-class to trounce Andy Roddick in straight sets on Sunday and complete a rare hat-trick of Wimbledon wins. The 6-2, 7-6 (7/2), 6-4 triumph put him up alongside Bjorn Borg and Pete Sampras as the only players since Worl
Published 04 Jul, 2005 12:00am
ENT surgeons restore sight of 14-year-old boy

ENT surgeons restore sight of 14-year-old boy

A large tumour of nose engulfing left eye and skull was successfully removed and restoring eye sight of a 14 year old boy by doctors of ENT Department, Sindh Government Hospital, Liaqutabad here. The procedure extremely complicated and unique of its kind
Published 04 Jul, 2005 12:00am
Waterborne diseases still hit rural Sindh

Waterborne diseases still hit rural Sindh

Water borne diseases due to polluted water have taken a turn for the worse in lower Sindh but no counter measures have been taken so far to solve the problem. Despite the fact that over 70 people, mostly children, were died and hundreds other victims of c
Published 04 Jul, 2005 12:00am
Global warming to raise storm damage costs-insurers

Global warming to raise storm damage costs-insurers

The cost of cleaning up storm damage will balloon unless the world takes urgent action to cut harmful emissions warming the globe, the Association of British Insurers (ABI) said on Wednesday (June 29). The group will call on leaders of the world's richest
Published 04 Jul, 2005 12:00am
Vitamin C only prevents colds in outdoors types

Vitamin C only prevents colds in outdoors types

Taking extra vitamin C does little to stop most people from catching a cold, according to a new survey, but it helps stop those exposed to extreme physical conditions from coming down with the sniffles. Soldiers and skiers are among those most likely to b
Published 04 Jul, 2005 12:00am
Vegetarian women slimmer than meat-eaters

Vegetarian women slimmer than meat-eaters

Vegetarian women are less likely to be obese than those meat-eaters, a new study found. Women who eat little or no meat are less likely to be overweight than their more carnivorous peers, according to a new study. The study, published in the June issue of
Published 04 Jul, 2005 12:00am
Future climate could be hotter than thought

Future climate could be hotter than thought

Global temperatures in the future could be much hotter than scientists have predicted if new computer models on climate change are correct, researchers said on Wednesday (June 29). Improvements in air quality will lead to a decrease in aerosols, small par
Published 04 Jul, 2005 12:00am
Doctors separate 'parasite' twin from healthy boy

Doctors separate 'parasite' twin from healthy boy

Doctors in Islamabad's Children's Hospital have successfully separated a healthy child from a conjoined "parasite" twin without a head, heart or other vital organs, a surgeon said Thursday (June 30).
Published 04 Jul, 2005 12:00am
HEALTH UPDATE: snoring in kids may portend hyperactivity

HEALTH UPDATE: snoring in kids may portend hyperactivity

Young children who snore could be at greater risk of becoming hyperactive later than those who sleep quietly, US researchers reported on Friday (July 1). Their study, published in the journal Sleep, strengthens earlier conclusions linking sleep disorders
Published 04 Jul, 2005 12:00am
HEALTH UPDATE: radiation causes cancer but rarely

HEALTH UPDATE: radiation causes cancer but rarely

Exposure to everyday sources of radiation, mostly medical X-rays, raises the risk of cancer but not by much and there is no clear line between a harmless dose and a disease-causing dose, an expert panel reported on Wednesday (June 29).
Published 04 Jul, 2005 12:00am
HEALTH UPDATE: mother's milk helps prevent myopia

HEALTH UPDATE: mother's milk helps prevent myopia

Children who are breastfeed are about fifty percent less likely to be short sighted, Singapore researchers said on Tuesday (June 28). Docosahexaenoi acid or DHA, a substance found in breast milk, could be the main element which improves early visual devel
Published 04 Jul, 2005 12:00am
HEALTH UPDATE: obesity surgery lowers heart risk

HEALTH UPDATE: obesity surgery lowers heart risk

Gastric bypass surgery to treat obesity lowers the risk of heart disease even more than previously believed, US researchers reported on Thursday (June 30). Patients who got the surgery showed improved levels of three new measures of heart disease risk - C
Published 04 Jul, 2005 12:00am
HEALTH UPDATE: green tea doesn't lower cancer risk

HEALTH UPDATE: green tea doesn't lower cancer risk

Contrary to what some studies claim, green tea probably does not help prevent breast, prostate or any other type of cancer, the US Food and Drug Administration said on Thursday (June 30). It said studies supporting the assertions are only weak.
Published 04 Jul, 2005 12:00am
China Shipping moves hub to Malaysian port

China Shipping moves hub to Malaysian port

Container shipping giant China Shipping Group has moved its regional headquarters to Malaysia from Singapore on expectations of increased activity from Port Klang, a senior official said Sunday. "Trade between Malaysia and China is growing. They are posit
Published 04 Jul, 2005 12:00am
Foreign banks test the waters in Vietnam

Foreign banks test the waters in Vietnam

The slow but steady modernisation of Vietnam's financial sector has encouraged foreign banks to test the waters here, taking small but significant stakes in some of their better performing counterparts.
Published 04 Jul, 2005 12:00am
Slow growth in Hong Kong business activity in June

Slow growth in Hong Kong business activity in June

Business activity in Hong Kong grew at its slowest rate in three months in June, the Brunswick Hong Kong Purchasing Managers' Index showed on Monday. The seasonally adjusted purchasing managers' index (PMI) stood at 52.8 in June, in line with the mean of
Published 04 Jul, 2005 12:00am