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Print - 2005-08-26
Bid target Rentokil details turnaround strategy

Bid target Rentokil details turnaround strategy

Britain's Rentokil Initial Plc, the subject of a take-over approach, said on Thursday it planned to keep the company largely intact after a strategic review as it posted a 20 percent fall in first-half profit. New Chief Executive Doug Flynn also said that
Published 26 Aug, 2005 12:00am
Airline Swiss to trim fleet

Airline Swiss to trim fleet

Swiss International Air Lines, controlled by Deutsche Lufthansa, posted a gaping first-half net loss on Thursday and said it would further reduce its fleet to slash costs. It said record-high oil prices and a strengthening dollar wiped out any progress ma
Published 26 Aug, 2005 12:00am
UK July mortgage approvals down at slower rate

UK July mortgage approvals down at slower rate

British mortgage approvals for home purchases fell in July at their slowest annual rate in a year, in a sign that Britain's housing market may be stabilising, industry data showed on Thursday.
Published 26 Aug, 2005 12:00am
Comex copper down on stock rise, durable

Comex copper down on stock rise, durable

Copper futures ended with steep declines on Wednesday, pressured first by a spike in London copper stocks, then pushed even lower by a sharp drop in US durable goods orders, traders said. Aside from rollover business, which has been winding down, traders
Published 26 Aug, 2005 12:00am
Malaysian tin up, boosted by LME

Malaysian tin up, boosted by LME

Tin rose 1 percent in Malaysian trade on Thursday, rebounding from losses the previous day thanks to a higher closing price for the metal in London. The spot contract on the Kuala Lumpur Tin Market jumped $70 to $7,140 a tonne on volume of 105 tonnes.
Published 26 Aug, 2005 12:00am
Copper steady in Asian markets

Copper steady in Asian markets

Copper futures were steady on Thursday, about 2 percent below last week's all-time high, but funds were poised to buy the industrial metal, should rising stocks push prices down. Copper for delivery in three months on the London Metal Exchange was trading
Published 26 Aug, 2005 12:00am
Speculative selling drags on New York gold

Speculative selling drags on New York gold

Gold futures in New York fell but ended above a fresh two-week low on Wednesday, as speculators trimmed back some of their huge position in the market amid a choppy performance in currencies, traders and analysts said.
Published 26 Aug, 2005 12:00am
Gold stuck in range in Asia, platinum falls

Gold stuck in range in Asia, platinum falls

Gold meandered in a tight range in Asia on Thursday, lacking fresh impetus to rise after it failed to hold above a key resistance at $440 an ounce. Spot gold inched up to $437.70/438.20 an ounce in late trade from $437.20/437.90 last quoted in New York on
Published 26 Aug, 2005 12:00am
Thai rice futures end mixed

Thai rice futures end mixed

Thai rice futures ended mixed in a direction's market on Thursday as most players stayed on the sidelines waiting to hear what the government will do with its remaining stock, brokers said. Overall volume was thin as only 10 of the larger 15-tonne contrac
Published 26 Aug, 2005 12:00am
Oil leaps to record $68 on storm, US gasoline draw

Oil leaps to record $68 on storm, US gasoline draw

Oil surged to a record $68 a barrel before easing on Thursday, hounded by supply concerns due to a growing threat to oil facilities from an Atlantic storm and a large fall in US gasoline stocks.
Published 26 Aug, 2005 12:00am
Asian cocoa powder at ten-year low, shells on sale

Asian cocoa powder at ten-year low, shells on sale

The price of cocoa powder, which was hovering at 10-year low, barely moved in Asia this week despite renewed buying interest from chocolate manufacturers ahead of Christmas, dealers said on Thursday.
Published 26 Aug, 2005 12:00am
Vietnam short of 50,000 tonnes sugar

Vietnam short of 50,000 tonnes sugar

Vietnam is expected to face a shortage of 50,000 tonnes of sugar next month before the October start of the sugarcane harvest and confectionery makers gear up production ahead of several festivals. The state-run Lao Dong newspaper quoted Deputy Trade Mini
Published 26 Aug, 2005 12:00am
New York sugar futures hits nine-day high

New York sugar futures hits nine-day high

New York raw sugar futures rose to a nine-day high on Wednesday, accelerating right before the close as extra buying kicked in once prices broke above the high. Benchmark October sugar at the New York Board of Trade settled up 0.25 cent, or 2.6 percent, a
Published 26 Aug, 2005 12:00am
Soya down on fund selling, better crop outlook

Soya down on fund selling, better crop outlook

Soyabean futures at the Chicago Board of Trade closed lower on Wednesday amid fund selling and reports from a crop tour in the Midwest of solid soya yield prospects this year, traders said. Soya fell to the days lows near the close and new-crop November e
Published 26 Aug, 2005 12:00am
CBOT rice hits two-month highs on fund buying

CBOT rice hits two-month highs on fund buying

Rough rice futures on the Chicago Board of Trade closed higher on Wednesday, reaching two-month highs on speculative buying by commodity funds, traders said. CBOT September rice settled up 8 cents, or 1.2 percent, at $7.00 per hundredweight, its highest c
Published 26 Aug, 2005 12:00am
Indian soya and sugar futures drop, wheat steady

Indian soya and sugar futures drop, wheat steady

Indian soya and sugar futures dropped on Wednesday amid adequate supplies, while gold eased in line with global trends and wheat was steady. September soyabeans at the National Commodity and Derivatives Exchange were down 7.9 rupees at 1,269 rupees per 10
Published 26 Aug, 2005 12:00am
Malaysian palm oil futures dive

Malaysian palm oil futures dive

Malaysian palm oil dived for a second straight day on further liquidation of long positions, and selling by those fearing more competition from Indonesian palm products as the rupiah weakened.
Published 26 Aug, 2005 12:00am
Taiwan stocks end lower

Taiwan stocks end lower

Taiwan stocks closed on Thursday at their weakest level since early June after record-high oil prices dragged Wall Street lower, but tech firms that have improving fundamentals defied the weakness.
Published 26 Aug, 2005 12:00am
Malaysian shares dip

Malaysian shares dip

Malaysian share prices closed 0.67 percent lower on Thursday due to poor second-quarter gross domestic product growth data and overnight falls on Wall Street, dealers said.
Published 26 Aug, 2005 12:00am
Hong Kong stocks up ahead of Hutch earnings

Hong Kong stocks up ahead of Hutch earnings

Hong Kong stocks edged higher on Thursday ahead of a mixed bag of earnings from bellwether stock Hutchison Whampoa and with oil shares boosted by oil prices at fresh record highs.
Published 26 Aug, 2005 12:00am
US stocks fall as oil climbs to another record

US stocks fall as oil climbs to another record

US stocks fell on Wednesday, wiping out earlier gains, after oil hit a new all-time high, raising fears that consumer spending and corporate earnings will be hurt later in the year. Shares in industrial and cyclical companies dropped as a government repor
Published 26 Aug, 2005 12:00am
Jakarta shares make gains

Jakarta shares make gains

Indonesian share prices closed 2.87 percent higher on Thursday, recovering after nine straight trading days of losses on a technical rebound seen across the board, dealers said.
Published 26 Aug, 2005 12:00am
US Treasuries jump, record oil prices in focus

US Treasuries jump, record oil prices in focus

US Treasury debt prices closed modestly higher on Wednesday, shaking off mixed economic news to focus on record high crude oil prices. US crude oil futures hit a new record closing high of $67.32 a barrel, up $1.61 or 2.5 percent. The rally dragged stocks
Published 26 Aug, 2005 12:00am
US Treasuries jump, record oil prices in focus

US Treasuries jump, record oil prices in focus

US Treasury debt prices closed modestly higher on Wednesday, shaking off mixed economic news to focus on record high crude oil prices. US crude oil futures hit a new record closing high of $67.32 a barrel, up $1.61 or 2.5 percent. The rally dragged stocks
Published 26 Aug, 2005 12:00am
Philippines shares slightly changed

Philippines shares slightly changed

Philippines share prices closed flat on Thursday with the slightest of gains by bargain hunters proving enough to end eight straight days of declines, dealers said.
Published 26 Aug, 2005 12:00am
Thai shares decline

Thai shares decline

Thai share prices closed 0.51 percent lower on Thursday on profit-taking after world oil prices reached a record high of 68 dollars a barrel, dealers said. The Stock Exchange of Thailand composite index dropped 3.53 points to 692.14 and the blue chip SET
Published 26 Aug, 2005 12:00am
Singapore shares close flat

Singapore shares close flat

Singapore share prices closed 0.27 percent higher on Thursday on bargain hunting in selected blue chips, with surging oil prices dampening sentiment, dealers said. The Straits Times Index rose 6.05 points to settle at 2,284.4.
Published 26 Aug, 2005 12:00am
Nikkei plunges on oil price concerns, banks slip

Nikkei plunges on oil price concerns, banks slip

Tokyo's Nikkei average fell 0.78 percent on Thursday after concerns about the impact of record high oil prices on the global economy encouraged investors to take profits in recent winners including retailer Aeon.
Published 26 Aug, 2005 12:00am
Chinese shares rally

Chinese shares rally

China stocks closed 0.5 percent higher on Thursday after Beijing vowed to protect investors' interests while it pushes a landmark plan to float state shares. The benchmark Shanghai composite index closed at 1,172.475 points after gaining 1.5 percent on We
Published 26 Aug, 2005 12:00am
Energy shares lead Toronto stocks to higher close

Energy shares lead Toronto stocks to higher close

Toronto stocks closed higher on Wednesday as record oil prices boosted the energy sector and influential financial shares rebounded. The Toronto Stock Exchange S&P/TSX composite index rose 26.69 points, or 0.28 percent, to 10,509.72. The energy sector ros
Published 26 Aug, 2005 12:00am
Swiss franc firms as dollar drops

Swiss franc firms as dollar drops

The Swiss franc firmed against the dollar on Thursday as the greenback slipped in a broad move after a weak report on US orders for durable goods in the previous session. The dollar slipped against the euro and the franc after the weak data shook the conv
Published 26 Aug, 2005 12:00am
Chinese yuan inches up

Chinese yuan inches up

China's yuan closed stronger against the US dollar on Thursday, but fears of central bank intervention kept the currency in a whisker-thin range throughout the session. The yuan ended at 8.1002 per dollar, up from Wednesday's 8.1005, after moving in an ev
Published 26 Aug, 2005 12:00am
Indian rupee rises on foreign funds, oil eyed

Indian rupee rises on foreign funds, oil eyed

The rupee closed on Thursday marginally higher than the previous session's 12-week low, helped by dollar inflows from foreign funds investing in local stocks. The partially convertible rupee closed at 43.71/7150 a dollar, stronger than Wednesday's 43.7325
Published 26 Aug, 2005 12:00am
Dollar slips after poor US durable data

Dollar slips after poor US durable data

The dollar slipped against the euro on Thursday after surprise weakness in US durable goods orders data the previous day cast a shadow over investor optimism on the US economy. Orders for US durable goods tumbled 4.9 percent in July, the biggest drop in m
Published 26 Aug, 2005 12:00am
Dollar slumps against euro as traders seek stops

Dollar slumps against euro as traders seek stops

The dollar slipped against the euro on Wednesday after a weak report on US orders for durable goods shook the conviction of traders who had made short-term bets on the US currency.
Published 26 Aug, 2005 12:00am
Bangladesh interbank forex and interest rates

Bangladesh interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 65.10/65.75 (previous 65.08/65.75). Call Money Rates: 4.95-17.0 percent (previous 5.0-17.0 percent).
Published 26 Aug, 2005 12:00am
Hong Kong dollar pulls off recent lows

Hong Kong dollar pulls off recent lows

The Hong Kong dollar regained some ground on Thursday after a recent sell-off, but dealers said near-term direction would continue to be dictated by the stock market. The local currency had firmed to 7.7715 per US dollar, recovering from a two-and-a-half
Published 26 Aug, 2005 12:00am
Asian currencies

Asian currencies

The Indonesian rupiah fell to a new 3-1/2-year low on Thursday, hit by dollar demand from local companies hedging against record high oil prices and to repay overseas debt, but government dollar sales helped curb losses.
Published 26 Aug, 2005 12:00am
Chinese web sites used to target US systems

Chinese web sites used to target US systems

Web sites in China are being used as a staging ground for attacks on computer networks in the US Defence Department and other agencies, the Washington Post reported on Thursday.
Published 26 Aug, 2005 12:00am
North Korea nuclear talks set to resume on September 2: China

North Korea nuclear talks set to resume on September 2: China

Six-nation talks on ending North Korea's atomic weapons drive may resume on September 2, an official quoted China's chief negotiator as saying Thursday after Japan, China and South Korea formed a united front to press Pyongyang.
Published 26 Aug, 2005 12:00am
London bomber snacked at McDonald's before attack

London bomber snacked at McDonald's before attack

As British police probe the final hour of one of the four London bombers, reports on Thursday claimed he ate a snack at a McDonald's and left frantic phone messages for his accomplices before blowing himself up.
Published 26 Aug, 2005 12:00am
Israel kills 5 Palestinians in raid, draws rocket fire

Israel kills 5 Palestinians in raid, draws rocket fire

Israeli troops killed five Palestinians in a West Bank raid and Palestinian militants fired a rocket into Israel on Thursday, rattling a cease-fire and hopes raised by a removal of Jewish settlers from occupied land.
Published 26 Aug, 2005 12:00am
Maoists abduct 101 civilians in Nepal

Maoists abduct 101 civilians in Nepal

Maoist rebels fighting to install a communist republic in Nepal have this week abducted a total of 101 civilians from three districts in north-western and south-eastern Nepal, the army said Thursday.
Published 26 Aug, 2005 12:00am
Blasts hit Russian region, local leader wounded

Blasts hit Russian region, local leader wounded

A top local Russian official survived an assassination attempt that killed his bodyguard near the border with rebel Chechnya on Thursday, a week before the anniversary of the Beslan school siege. Prime Minister Ibrahim Malsagov, 44, was injured in the leg
Published 26 Aug, 2005 12:00am
EU criticises Ethiopia for flaws in election

EU criticises Ethiopia for flaws in election

The European Union criticised Ethiopia on Thursday for flaws in bitterly-contested elections that have given Prime Minister Meles Zenawi a second term.
Published 26 Aug, 2005 12:00am
Flood fears focus on Swiss lakes, Romanian toll up

Flood fears focus on Swiss lakes, Romanian toll up

Helicopters ferried food to isolated Alpine villages on Thursday as residents and rescue workers feared swollen lakes may overflow and bring more havoc to flood-ravaged Switzerland.
Published 26 Aug, 2005 12:00am
German court clears way for September 18 election

German court clears way for September 18 election

Germany's highest court cleared the way on Thursday for an early election on September 18 that polls show will oust Chancellor Gerhard Schroeder and bring in a conservative government led by Angela Merkel.
Published 26 Aug, 2005 12:00am
German opposition sees no US conflict over Turkey

German opposition sees no US conflict over Turkey

Germany's conservatives, leading in voter surveys ahead of a September election, do not expect their opposition to Turkey's EU membership to harm German-US relations, a senior opposition leader said on Thursday.
Published 26 Aug, 2005 12:00am
US charges 19 MS-13 members with racketeering

US charges 19 MS-13 members with racketeering

A federal grand jury has indicted 19 accused members of the MS-13 gang with federal racketeering charges for committing crimes including murder and kidnapping, court documents showed on Thursday.
Published 26 Aug, 2005 12:00am
Iran not in breach of nuclear treaty: Russia

Iran not in breach of nuclear treaty: Russia

Russia, Iran's nuclear partner, said on Thursday it saw no evidence Tehran was breaching the global nuclear non-proliferation regime. Iran angered the European Union and the United States by resuming uranium conversion work earlier this month, rejecting E
Published 26 Aug, 2005 12:00am
Ford and General Motors bonds regain ground

Ford and General Motors bonds regain ground

Ford and General Motors' euro-denominated debt regained ground on Thursday afternoon, as investors reassessed the significance of Moody's cutting some of the car giants' credit ratings to "junk".
Published 26 Aug, 2005 12:00am
Ford and General Motors bonds regain ground

Ford and General Motors bonds regain ground

Ford and General Motors' euro-denominated debt regained ground on Thursday afternoon, as investors reassessed the significance of Moody's cutting some of the car giants' credit ratings to "junk".
Published 26 Aug, 2005 12:00am
Indian shares rise

Indian shares rise

Indian shares rose on Thursday as buyers returned to the market after derivatives contracts expired. The 30-issue BSE index ended 0.6 percent higher at 7,660.42 points, off the day's low of 7,595.84. The index had lost 3.9 percent in the past week on worr
Published 26 Aug, 2005 12:00am
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US stocks edged up on Thursday as acquisition deals and oil's decline from a record $68 helped offset the impact of several corporate downgrades. The blue chip Dow gained from Johnson & Johnson's announcement that it expects a decision in October on wheth
Published 26 Aug, 2005 12:00am
Seoul shares edge up

Seoul shares edge up

Seoul shares finished a touch higher on Thursday, as investors sought out defensive stocks and select blue chips such as SK Telecom, helping reverse early losses from concerns about the impact of record oil prices.
Published 26 Aug, 2005 12:00am
FTSE closes above lows, Lloyds bid talk fades

FTSE closes above lows, Lloyds bid talk fades

Top UK shares ended just above session lows on Thursday as oil dipped from record highs, with supermarkets group Tesco up on news of increased market share.
Published 26 Aug, 2005 12:00am
Sterling drifts to one-week low

Sterling drifts to one-week low

Sterling drifted to a one-week low against the euro in thin trade on Thursday, after data showed British mortgage approvals fell in July and as traders took profits on the pound's recent gains.
Published 26 Aug, 2005 12:00am
Euro dips briefly in London

Euro dips briefly in London

The euro dipped briefly from one-week highs against the dollar and yen on Thursday after Germany's Ifo business sentiment index showed an unexpected decline in the outlook for the eurozone's biggest economy.
Published 26 Aug, 2005 12:00am
EU plans duty-free sugar quota for Macedonia

EU plans duty-free sugar quota for Macedonia

The European Union plans to set a duty-free import quota for sugar from Macedonia to curb an unwanted supply flow and replace the unlimited EU access that the country enjoys now, documents showed on Wednesday.
Published 26 Aug, 2005 12:00am
Indonesia's rice prices catch fire

Indonesia's rice prices catch fire

Rice prices in Indonesia have risen 6-to-8 percent in recent weeks and are still climbing because of a surge in oil prices, but the country has adequate stocks to meet local demand, a senior government official said on Thursday.
Published 26 Aug, 2005 12:00am
Oil holds near record on storm jitters

Oil holds near record on storm jitters

Oil prices held near their record $68 a barrel on Thursday as a tropical storm led US oil companies to evacuate workers from oil platforms in the Gulf of Mexico.
Published 26 Aug, 2005 12:00am
Kazakhstan raises grain export estimate

Kazakhstan raises grain export estimate

Kazakhstan may export as much as 5.5 million tonnes of grain this year, President Nursultan Nazarbayev said on Wednesday, revising an earlier forecast of 5.0 million tonnes.
Published 26 Aug, 2005 12:00am
New York cotton stretches lower

New York cotton stretches lower

Cotton futures finished near session lows Thursday, extending the previous day's slide, as speculative and option-related sales pressured prices and a strong weekly US government sales report failed to attract buyers, market sources said.
Published 26 Aug, 2005 12:00am
London sugar closes mixed

London sugar closes mixed

London white sugar futures closed mixed on Thursday but traders said the medium-term outlook remained bullish due to expectations of strong consumer demand. Front month October settled up 10 cents at $297.8 per tonne in volume of 9,143 lots, after trading
Published 26 Aug, 2005 12:00am
Copper little weaker

Copper little weaker

London Metal Exchange (LME) three months copper prices ended a little weaker on Thursday in quiet, wary conditions, dealers said. The three-months price closed at $3,578 a tonne from $3,590 at Wednesday's kerb close. The market was expected to continue ra
Published 26 Aug, 2005 12:00am
Gold steady in Europe, could drift lower

Gold steady in Europe, could drift lower

Gold prices were steady in Europe on Thursday but the market could ease after the long UK holiday weekend, analysts said. "Funds are holding but the market fears they will liquidate (and) is reluctant to buy," Peter Hillyard, analyst at ANZ Banking said.
Published 26 Aug, 2005 12:00am
US MIDDAY: sugar softer on follow-through buying

US MIDDAY: sugar softer on follow-through buying

Raw sugar futures faltered in volatile trade on Thursday, after barely extending the previous day's strong rally, amid a lack of conviction by the trade and independents on the floor.
Published 26 Aug, 2005 12:00am
US MIDDAY: corn weaker on September contract

US MIDDAY: corn weaker on September contract

Corn futures at the Chicago Board of Trade were weak early on Thursday and a new contract low was set in spot September amid spillover pressure from a sharp fall in soy, traders said.
Published 26 Aug, 2005 12:00am
US MIDDAY: copper drifts on fund selling

US MIDDAY: copper drifts on fund selling

Copper futures were lightly mixed early Thursday, helped by a drop in inventories, but still smarting from the sell-off on Wednesday, traders said.
Published 26 Aug, 2005 12:00am
US MIDDAY: soya drops on Midwest weather condition

US MIDDAY: soya drops on Midwest weather condition

Soyabean futures at the Chicago Board of Trade dropped to a one-week low early on Thursday amid good crop weather in the Midwest and on crop tour findings this week of solid soya yield potential, traders said.
Published 26 Aug, 2005 12:00am
US MIDDAY: gold gains on currency-oriented buying

US MIDDAY: gold gains on currency-oriented buying

Gold futures in New York edged up on currency-oriented buying early Thursday as traders re-established positions in the market after the dollar weakened a bit against the euro overnight, dealers said.
Published 26 Aug, 2005 12:00am
Drive against sale of unhygienic food launched

Drive against sale of unhygienic food launched

The Islamabad Capital Territory (ICT) administration has launched a drive against selling of unhygienic food in city restaurants. On the directives of ICT chief commissioner Khalid Pervez, Islamabad assistant commissioner Dr Sajid Mehmud along with Islama
Published 26 Aug, 2005 12:00am
Businessmen Forum wins Sarhad Chamber polls

Businessmen Forum wins Sarhad Chamber polls

Businessmen Forum (BF) clinched all the three seats of the Full Group on executive committee of Sarhad Chamber of Commerce and Industry (SCCI) as the rival group of Businessmen Panel (BP) boycotted the annual polls of the trade body.
Published 26 Aug, 2005 12:00am
First meeting of National School of Public Policy held

First meeting of National School of Public Policy held

The government's commitment to build the capacity of civil servants through qualitative improvement in the training environment reached an important stage on Thursday with the holding of first meeting of Board of Governors of National School of Public Pol
Published 26 Aug, 2005 12:00am
The Weather

The Weather

The weather report on Thursday (August 25, 2005) and the forecast for Friday (August 26).
Published 26 Aug, 2005 12:00am
Trade with India up by 74 percent

Trade with India up by 74 percent

The bilateral trade between India and Pakistan increased by 74 percent during the last fiscal year, Voice of America reported. The trade between two countries was worth $344 million, which touched the figure of $400 million current year.
Published 26 Aug, 2005 12:00am
New York cotton

New York cotton

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

Published 26 Aug, 2005 12:00am
Supreme Court reinstates 43 NWFP employees

Supreme Court reinstates 43 NWFP employees

Two-member bench of the Supreme Court of Pakistan on Thursday ordered reinstatement 43 employees of the government of North West Frontier Province (NWFP).
Published 26 Aug, 2005 12:00am
New York cotton

New York cotton

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

Published 26 Aug, 2005 12:00am
Peace grows in India's restive Nagaland

Peace grows in India's restive Nagaland

The tiny village of Khonoma in the thickly forested hills of remote north-eastern India is littered with war memorials. A memorial to British officers who lost their lives when Naga tribesmen ambushed them in 1879. Memorials to scores of villagers killed
Published 26 Aug, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 25, 2005).

Published 26 Aug, 2005 12:00am
Johar bridge

Johar bridge

Johar bridge in Block-18, Gulistan-e-Jouhar, Karachi, is damaged and its condition is further deteriorating day by day without maintenance by the concern authorities. The walkways on both sides of the bridge are cracked with a few big holes. Any pedestria
Published 26 Aug, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 25, 2005).

Published 26 Aug, 2005 12:00am
Telephone directories

Telephone directories

The performance of PTCL is quite clear as how the government-owned richest department takes care of its subscribers. I do not understand why I have always to remind PTCL to print and publish telephone directories for its subscribers every time.
Published 26 Aug, 2005 12:00am
Key stock market movements at 1700 GMT on August 25

Key stock market movements at 1700 GMT on August 25

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 26 Aug, 2005 12:00am
Behind economic recovery, more Japanese working themselves to death

Behind economic recovery, more Japanese working themselves to death

After one month of training in a field he knew little about, Sunao Kawada was put into a high-pressure team designing a computer. After four months, he had trouble sleeping and was diagnosed with depression. Two months after that, the 24-year-old worker t
Published 26 Aug, 2005 12:00am
Islamic market indexes

Islamic market indexes

Two leading companies specialising in the creation of innovative indexes for established markets-New York-based Dow Jones indexes and London-based FTSE-launched their specialised Islamic market indexes in 1999. The Islamic market indexes are designed to p
Published 26 Aug, 2005 12:00am
Need to meet the threat of flu pandemic

Need to meet the threat of flu pandemic

Coming in the wake of the World Health Organisation's call last month for world-wide preparedness against the threatened global bird flu pandemic, it is heartening to learn that the UN agency has started building the first line of defence against it, with
Published 26 Aug, 2005 12:00am
Policy frameworks alone would not do

Policy frameworks alone would not do

Dr Salman Shah, Special Advisor to the Prime Minister on Finance, held talks with a three-member World Bank team on developing a policy framework for a public-private partnership to facilitate infrastructure development in Pakistan. This comes as no surpr
Published 26 Aug, 2005 12:00am