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Print - 2005-09-30
Freedom Center banned from Ground Zero

Freedom Center banned from Ground Zero

The reconstruction of Ground Zero where the World Trade Center once stood faced another major revision Thursday following the scrapping of a proposed International Freedom Center at the site.
Published 30 Sep, 2005 12:00am
Bangladesh police arrest 23 more bomb suspects

Bangladesh police arrest 23 more bomb suspects

A Bangladeshi minister on Thursday defended his government against accusations it was not doing enough to trace militants linked to last month's wave of bombings, as police detained 23 more suspects.
Published 30 Sep, 2005 12:00am
Egyptian police kill two bomb suspects

Egyptian police kill two bomb suspects

Egyptian police in the Sinai peninsula have shot dead two men suspected of organising bombings which killed 67 people in the Red Sea resort of Sharm el-Sheikh in July, the Interior Ministry said on Thursday.
Published 30 Sep, 2005 12:00am
Warming causes record Arctic ice melt: US report

Warming causes record Arctic ice melt: US report

The Arctic ice shelf has melted for the fourth straight year to its smallest area in a century, driven by rising temperatures that appear linked to a build-up of greenhouse gases, US scientists said on Wednesday.
Published 30 Sep, 2005 12:00am
Dutch railway firm apologises for deporting Jews

Dutch railway firm apologises for deporting Jews

Sixty years after the end of World War II, the Dutch national railway company apologised on Thursday for its role in deporting thousands of Jews to Nazi concentration camps.
Published 30 Sep, 2005 12:00am
Japan may pull troops out of Iraq next year

Japan may pull troops out of Iraq next year

The Japanese government is considering pulling its 600 troops out of Iraq in the first half of next year, the national daily Yomiuri Shimbun said on Thursday, but the government denied it had such a plan. Japan's ruling Liberal Democratic Party has alread
Published 30 Sep, 2005 12:00am
'Alternative Nobel' goes to international human right activists

'Alternative Nobel' goes to international human right activists

The Right Livelihood prize, dubbed the "alternative" Nobel Peace Prize, was awarded Thursday to activists from Canada, Malaysia and Botswana for their work to promote fair trade and the rights of migrant workers and indigenous peoples.
Published 30 Sep, 2005 12:00am
EU to slap arms embargo on Uzbekistan

EU to slap arms embargo on Uzbekistan

The European Union is to impose an arms embargo on Uzbekistan for refusing to launch an independent inquiry into a massacre in May, according to a draft document seen by AFP on Thursday.
Published 30 Sep, 2005 12:00am
India sees new strategic sea lane in Andaman Sea

India sees new strategic sea lane in Andaman Sea

Indian naval exercises with Thailand and Indonesia are aimed in part at ensuring security for a new sea route linking the Indian and Pacific oceans, a top Indian general said.
Published 30 Sep, 2005 12:00am
Austria blocks accord on Turkey: EU calls emergency talks

Austria blocks accord on Turkey: EU calls emergency talks

The European Union on Thursday called emergency talks to overcome Austria's objections to starting historic entry negotiations with Turkey, against a mounting sense of brinkmanship over the deadlock.
Published 30 Sep, 2005 12:00am
Senior team-mates go into bat for skipper Ponting

Senior team-mates go into bat for skipper Ponting

Senior players Matthew Hayden and Shane Warne on Thursday went into bat for criticised Australian skipper Ricky Ponting ahead of next week's one-day cricket series against a World XI.
Published 30 Sep, 2005 12:00am
Gavaskar defends Ganguly from Flintoff's criticism

Gavaskar defends Ganguly from Flintoff's criticism

Indian batting great Sunil Gavaskar Thursday defended captain Sourav Ganguly after he was portrayed as selfish and lazy by England all-rounder Andrew Flintoff. A truce has been brokered by India's cricket chiefs between Ganguly and coach Greg Chappell fol
Published 30 Sep, 2005 12:00am
Ganguly prefers practice over ICC meeting

Ganguly prefers practice over ICC meeting

India's Sourav Ganguly is unlikely to attend a meeting of Test captains called by the International Cricket Council (ICC) in Australia next month so that he can concentrate on his batting, an official said here on Thursday.
Published 30 Sep, 2005 12:00am
Federer wins easily

Federer wins easily

Roger Federer put a bumpy start at the Thailand Open behind him with an easy victory on Thursday as British tennis hope Andy Murray lived up to his vow to break into the top 100 this season.
Published 30 Sep, 2005 12:00am
Vaidisova advances

Vaidisova advances

Czech second seed Nicole Vaidisova advanced to the Korea Open quarter-finals on Thursday with an easy 6-2, 6-1 win over Japan's Akiko Morigami. The 16-year-old overpowered Morigami from the outset with strong serves and an efficient forehand to end the ma
Published 30 Sep, 2005 12:00am
Sporting Sketches' launched

Sporting Sketches' launched

'Sporting Sketches' the second book of Lateef Jafri, Senior Journalist and critic, has been published by Ferozson's Limited. The book contains pen portraits of 43 leading sportsmen including Cricket stars, Hockey players and Squash legends.
Published 30 Sep, 2005 12:00am
Asian currencies gain on stocks

Asian currencies gain on stocks

Asian currencies edged higher on Thursday, with the Taiwan dollar and Thai baht leading the rise, as foreign investors returned to some regional stock markets on expectations of a recovery in growth.
Published 30 Sep, 2005 12:00am
Swiss franc slightly higher

Swiss franc slightly higher

The Swiss franc edged higher against the dollar early on Thursday following bullish Swiss economic data the day before and as other major currencies also regained territory from the greenback. The dollar also lost ground against other major currencies, in
Published 30 Sep, 2005 12:00am
Dollar slips as investors price in rate outlook

Dollar slips as investors price in rate outlook

The dollar weakened on Wednesday as investors considered the greenback's recent rally to two-month highs had gone too far given the current outlook for US interest rates.
Published 30 Sep, 2005 12:00am
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US stocks edged higher on Thursday as investors kept a wary eye on energy markets, while gains in eBay Inc boosted technology shares. PepsiCo Inc shares rose 2.3 percent, to $56.35 on the New York Stock Exchange after the company said revenue rose to $8.1
Published 30 Sep, 2005 12:00am
Seoul shares hit all-time high

Seoul shares hit all-time high

South Korean shares hit a record high on Thursday, as institutional investors extended a recent buying spree, snapping up lenders such as Hana Bank and other firms seen with strong earnings potential.
Published 30 Sep, 2005 12:00am
European corporate bonds stem gains

European corporate bonds stem gains

Gains in European corporate bonds slowed after a recent rally as risk appetite declined amid concern that rising energy costs may crimp corporate profitability in the coming months.
Published 30 Sep, 2005 12:00am
European corporate bonds stem gains

European corporate bonds stem gains

Gains in European corporate bonds slowed after a recent rally as risk appetite declined amid concern that rising energy costs may crimp corporate profitability in the coming months.
Published 30 Sep, 2005 12:00am
Indian rupee up

Indian rupee up

The rupee inched up on Thursday as hundreds of thousands of bank workers went on a one-day strike to protest against the government's economic policies.
Published 30 Sep, 2005 12:00am
Yen up on BoJ talk

Yen up on BoJ talk

The yen rose on Thursday on official comments about an end to the Bank of Japan's ultra-easy monetary policy, while the euro inched up on speculation German politicians might enter a grand coalition.
Published 30 Sep, 2005 12:00am
Pound falls against dollar

Pound falls against dollar

Sterling hit a two-month low against a rising dollar on Thursday, with the British currency seeing further pressure after data showed UK house prices fell this month, while comments from a Bank of England official highlighted risks to growth.
Published 30 Sep, 2005 12:00am
Blair apologises to anti-war heckler

Blair apologises to anti-war heckler

Prime Minister Tony Blair apologised on Thursday to an 82-year-old man who was physically ejected from the Labour Party conference for heckling Foreign Secretary Jack Straw over the Iraq war.
Published 30 Sep, 2005 12:00am
Five die as African migrants storm Spanish enclave

Five die as African migrants storm Spanish enclave

Five African migrants died on Thursday as hundreds stormed a razorwire fence between Morocco and a Spanish enclave, the third assault in as many days on Europe's only land borders with Africa.
Published 30 Sep, 2005 12:00am
Indian shares extend rally

Indian shares extend rally

Indian shares extended a record-breaking rally into the third straight session on Thursday as foreign investors bought blue chip shares ahead of July-September earnings due next month.
Published 30 Sep, 2005 12:00am
Algerians to back amnesty for Islamic rebels

Algerians to back amnesty for Islamic rebels

Algerians were expected to approve a partial amnesty for hundreds of Islamic militants in a referendum on Thursday intended to bring an end to a decade of brutal violence that cost at least 150,000 lives.
Published 30 Sep, 2005 12:00am
Osama considered seeking asylum in UK: former minister

Osama considered seeking asylum in UK: former minister

He might be the self-professed enemy of the West, but a decade ago terrorist mastermind Osama bin Laden considered seeking asylum in Britain, the country's interior minister of the time has said. Michael Howard told The Times on Thursday that the request
Published 30 Sep, 2005 12:00am
John Roberts confirmed as US chief justice

John Roberts confirmed as US chief justice

Conservative federal judge John Roberts, President George W. Bush's first nominee to the Supreme Court, won US Senate confirmation with bipartisan support on Thursday as the 17th chief justice of the United States.
Published 30 Sep, 2005 12:00am
Fire threaten Los Angeles suburbs

Fire threaten Los Angeles suburbs

A major wildfire was raging Thursday near Los Angeles, sparking evacuations in the San Fernando Valley, fire-fighters said. The fire already spanned more than 2,800 hectares (7,000 acres), despite more than 1,000 fire-fighters working to control it. Smoke
Published 30 Sep, 2005 12:00am
Mass grave found in Afghanistan

Mass grave found in Afghanistan

A mass grave discovered in eastern Afghanistan is thought to contain the bodies of more than 500 soldiers of the communist regime that was toppled in 1992, officials said Thursday.
Published 30 Sep, 2005 12:00am
US security boss shot dead Afghan interpreter

US security boss shot dead Afghan interpreter

An American supervisor at a security firm shot dead his Afghan interpreter apparently after a disagreement, police here said on Thursday. The Afghan, identified as Noor Ahmad, was working for United States Protection and Investigation (USPI) which is prov
Published 30 Sep, 2005 12:00am
Israeli troops kill 3 Palestinians

Israeli troops kill 3 Palestinians

Israeli troops shot dead three Palestinian gunmen in raids on Thursday, widening an offensive against militants despite a halt to rocket salvoes from Gaza after Israel's withdrawal.
Published 30 Sep, 2005 12:00am
Hundreds poisoned at Chinese school

Hundreds poisoned at Chinese school

Almost 350 children and teachers have been taken to hospital after going down with suspected food poisoning at a primary school in China, state media reported on Thursday.
Published 30 Sep, 2005 12:00am
29 killed in attack on Darfur camp: UNHCR

29 killed in attack on Darfur camp: UNHCR

The United Nations refugee agency on Thursday said an Arab militia attack on a camp in Sudan's Darfur region was feared to have killed at least 29 people and seriously injured 10.
Published 30 Sep, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
Conflicting news about PTCL sell-off confuse investors

Conflicting news about PTCL sell-off confuse investors

The conflicting news pertaining to completion of privatisation process of Pakistan Telecommunication Limited (PTCL) confused people, having any sort of stake in the capital market, including brokers and investors, and they fear massive selling pressure ti
Published 30 Sep, 2005 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
Romania offers warehouses for Pakistani goods

Romania offers warehouses for Pakistani goods

Romania has offered its duty-free zones for establishing warehouses to store Pakistani goods and export to eastern and western European countries.
Published 30 Sep, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
22 killed as bus plunges in gorge in Indian occupied Kashmir

22 killed as bus plunges in gorge in Indian occupied Kashmir

A bus veered off the road into a gorge in Indian occupied Kashmir on Thursday, killing 22 people and injuring 27 others, most of them seriously, police said. "The steering got locked and the brake failed, while negotiating a sharp bend," a police official
Published 30 Sep, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
Eastern region receives Rs 3.8 billion tax collection

Eastern region receives Rs 3.8 billion tax collection

Eastern Region received as many as 85,000 income tax returns with Rs 3.8 billion tax amount till Thursday, the second last day for filing of income tax returns for the assessment year 2005, as compared to 39,000 returns and Rs 2.1 billion during the same
Published 30 Sep, 2005 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
LHC disposes of nazim candidate petition

LHC disposes of nazim candidate petition

The third phase of the local bodies elections may hit a snag, as proposers and seconders of all the candidates of district, tehsil and town nazims, says a constitutional petition filed in the High Court, are not valid members because they have yet not tak
Published 30 Sep, 2005 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
Riaz ul Hassan wins best actor award

Riaz ul Hassan wins best actor award

Riaz ul Hassan won the best actor award at drama festival held under the auspices of University of Engineering and Technology Dramatics Society and the Lahore Arts Council at Alhamra. As many as 11 institutions from all over Pakistan participated in the f
Published 30 Sep, 2005 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
Two would-be suicide bombers arrested

Two would-be suicide bombers arrested

Security agents acting on an information from a captured militant leader arrested two would-be suicide bombers as they made last-minute preparations for attacks, a security official said on Thursday.
Published 30 Sep, 2005 12:00am
MFN status to India ruled out

MFN status to India ruled out

The government has once again ruled out any possibility of granting Most Favoured Nation (MFN) status to India in near future. However, it has pledged to further improve trade relations between the two nuclear arch-rivals.
Published 30 Sep, 2005 12:00am
Italy to offer post-doctoral fellowships

Italy to offer post-doctoral fellowships

The Italian government will offer 30 to 50 post-doctoral fellowships to Pakistani scholars in various disciplines of science & technology and higher education at Italian universities and research and development organisations.
Published 30 Sep, 2005 12:00am
Musharraf approves strategy to woo investment

Musharraf approves strategy to woo investment

President General Pervez Musharraf has approved an "export and investment-oriented" strategy aimed at targeting 15 major countries from three regions to achieve an optimal level of foreign trade and investment.
Published 30 Sep, 2005 12:00am
Hearing put off

Hearing put off

The LHC has adjourned the proceedings in a petition filed by Mian Miraj, cousin of former Prime Minister Nawaz Sharif challenging his decision to hand over the family assets to some financial institutions against their liabilities. The court put off the p
Published 30 Sep, 2005 12:00am
Baitul Sukoon seeks donations

Baitul Sukoon seeks donations

Executive Trustee of the Baitul Sukoon has appealed for donations for the completion of its three-storey hospital project that has already begun early this year.
Published 30 Sep, 2005 12:00am
Hafeez Memon passes away

Hafeez Memon passes away

President of United Memon Jamaat of Pakistan (UMJP), former Justice Abdul Hafeez Memon died of heart attack here on Thursday. This was announced in a statement of the UMJP issued here.
Published 30 Sep, 2005 12:00am
Bangladesh offers joint ventures to Pakistani industrialists

Bangladesh offers joint ventures to Pakistani industrialists

Bangladesh has offered Pakistani industrialists to join hands in increasing exports in apparel, pharmaceutical, information technology and light engineering. The offer was made by Chairman Board of Investment and Advisor to Bangladesh Prime Minister on En
Published 30 Sep, 2005 12:00am
Salient features of UN report

Salient features of UN report

The salient features of the UN's World Investment Report for 2005, released here on Thursday, were:
Published 30 Sep, 2005 12:00am
Waqar elected Saarc energy panel chief

Waqar elected Saarc energy panel chief

A two-day meeting of the first South Asian Association for Regional Co-operation (Saarc) senior officials from energy ministries started here on Thursday to discuss and formulate recommendations for the Saarc energy ministers meeting to be held on October
Published 30 Sep, 2005 12:00am
Foreign office comments on Siachen pullout

Foreign office comments on Siachen pullout

Commenting on the Indian defence minister's statement that there was an agreement between Pakistan and India on withdrawal of troops from Siachen, the Foreign Office spokesman stated that the two countries were engaged in intense negotiations to reach an
Published 30 Sep, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 Sep, 2005 12:00am
Supreme Court allows Majid Malik to contest Nazim's election

Supreme Court allows Majid Malik to contest Nazim's election

Overturning a decision by the Lahore High Court here on Thursday, the First Bench of the Supreme Court has allowed the retired three-star general, Abdul Majid Malik to contest Chakwal District Nazim's election, scheduled for October 6.
Published 30 Sep, 2005 12:00am
25,000 infants die owing to biomass fuels smoke

25,000 infants die owing to biomass fuels smoke

Smoke emitted from the biomass fuels causes serious chest and eye problems for children resulting in 25,000 infant deaths in Pakistan, and for mothers it brings acute respiratory infections, low birth-weight babies and other chronic illnesses that call fo
Published 30 Sep, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 30 Sep, 2005 12:00am
Ground-breaking of population ministry's building on October 4

Ground-breaking of population ministry's building on October 4

The ministry of population welfare has received Rs 104 million grant from finance ministry for the construction of its building. Sources told Business Recorder that population ministry is going to hold ground-breaking ceremony on October 4 and the
Published 30 Sep, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Sep, 2005 12:00am
AKU-EB set to conduct exam in April 2006

AKU-EB set to conduct exam in April 2006

The Aga Khan University Examination Board (AKU-EB) is set to conduct its first examination in April 2006 after affiliating about 100 schools across the country. The Aga Khan University Examination Board (AKU-EB) was established in 2003 under an ordinance
Published 30 Sep, 2005 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 30 Sep, 2005 12:00am
CHK to implement information management system

CHK to implement information management system

The Civil Hospital Karachi (CHK) will implement Hospital Information Management System (HIMS) to ensure effective governance, efficiency and transparency at all levels, optimum use of human as well as technical human resource.
Published 30 Sep, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Sep, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
Memon Forum office-bearers

Memon Forum office-bearers

Saleem Rangoonwala has been elected as President and Dr Anwar Adam as senior Vice President of the Memon Professional Forum for the year 2005-06.
Published 30 Sep, 2005 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Thursday (September 29, 2005).

Published 30 Sep, 2005 12:00am
SHC puts off hearing of Benazir's plea against ECP's order

SHC puts off hearing of Benazir's plea against ECP's order

Sindh High Court(SHC) on Thursday adjourned hearing of petition filed by Pakistan People Party (PPP)'s chairperson and former Prime Minister Benzair Bhutto challenging Election Commission of Pakistan's order allowing merger of two factions of PPP, Patriot
Published 30 Sep, 2005 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 30 Sep, 2005 12:00am