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Print - 2005-10-10
Indian stock market seen choppy on corporate results

Indian stock market seen choppy on corporate results

Indian stock markets were expected to trade choppy this week as investors react to the release of quarterly corporate results and on concerns of a possible slowdown in the US economy, dealers said. "A lot of volatility is expected this week due to these t
Published 10 Oct, 2005 12:00am
6,718 prisoners await death in Punjab jails

6,718 prisoners await death in Punjab jails

At least 6,718 condemned prisoners are awaiting death in 30 prisons in Punjab. Official sources said here on Sunday the report also said that there are 12,390 convicts in different crimes and 35,005 under trial prisoners.
Published 10 Oct, 2005 12:00am
PPP sets up relief fund

PPP sets up relief fund

Pakistan People's Party has set up earthquake relief fund for the rehabilitation and relief of quake-affected victims and called upon the people to generously donate towards the fund.
Published 10 Oct, 2005 12:00am
New sewerage line scheme approved

New sewerage line scheme approved

Punjab Government has approved a scheme to lay new 10.24 kilometer long sewerage line between Nishatabad and Pahring Drain to discharge continuously flooded effluent industrial water to save Nishatabad Overhead Bridge as well as main Railway Track from se
Published 10 Oct, 2005 12:00am
Pakistani embassy in Washington sets up quake relief cell

Pakistani embassy in Washington sets up quake relief cell

The embassy of Pakistan in Washington D.C. has established a Crisis Management Cell to provide round the clock consular services to the Pakistanis and Pakistani-Americans who wish to travel to Pakistan.
Published 10 Oct, 2005 12:00am
Pakistan High Commission's helpline for information on missing relatives

Pakistan High Commission's helpline for information on missing relatives

Pakistan High Commission London in addition to Earthquake Information Centre has set up a dedicated Helpline on Sunday for providing information to British Pakistanis about their missing relatives back home as a result of severe earthquake which jolted Pa
Published 10 Oct, 2005 12:00am
Raw material and machinery gutted

Raw material and machinery gutted

Raw material and machinery worth millions of rupees were reduced to ashes when a cotton mills caught fire late last night near Bhikhi on Sheikhupura-Faisalabad Road.
Published 10 Oct, 2005 12:00am
Rs 200 million MCB aid for quake victims

Rs 200 million MCB aid for quake victims

The MCB Bank Limited on Sunday announced a donation of Rs 200 million for the President's Relief Fund, established for earthquake victims. According to a statement of the bank, all the branches of the MCB Bank Limited will provide cash support to the eart
Published 10 Oct, 2005 12:00am
Balochistan Assembly session today

Balochistan Assembly session today

Balochistan Assembly session will begin here from Monday after a break of three months. Balochistan Governor Owais Ahmed Ghani has already issued a notification for summoning of the session.
Published 10 Oct, 2005 12:00am
ARD establishes relief camps

ARD establishes relief camps

The Alliance for Restoration of Democracy (ARD) in order to help victims of recent tremor in the country has established relief camps in each district of the country. Navid Chaudhry spokesmen of the Alliance for Restoration of Democracy (ARD) addressing a
Published 10 Oct, 2005 12:00am
Railways employees donate

Railways employees donate

The officers and other employees of Pakistan Railways have contributed their one-day salary in the President Fund for tremor victims in the country. According to an information received from Pakistan Railways here on Sunday emergency has been declared in
Published 10 Oct, 2005 12:00am
KCA spot rate up by Rs 110; phutti and cotton prices surge

KCA spot rate up by Rs 110; phutti and cotton prices surge

The falling trend in cotton prices internationally was readily accepted by the major buyers in Pakistan who slowed down purchases but ginners held firm to their own shortfall figure in arrival report and sharply raised spot rate to Rs 2225. Even TCP over
Published 10 Oct, 2005 12:00am
KCA spot rate up by Rs 110; phutti and cotton prices surge

KCA spot rate up by Rs 110; phutti and cotton prices surge

The falling trend in cotton prices internationally was readily accepted by the major buyers in Pakistan who slowed down purchases but ginners held firm to their own shortfall figure in arrival report and sharply raised spot rate to Rs 2225. Even TCP over
Published 10 Oct, 2005 12:00am
Commodity prices fluctuate in a narrow range

Commodity prices fluctuate in a narrow range

Modest gains and losses were marked on the commodities wholesale market as holy month of Ramazan began amid shouts of some items going beyond reach of salaried class, said traders and consumers during the week ended on October 8, 2005.
Published 10 Oct, 2005 12:00am
'Stem cell therapy claims deceptive'

'Stem cell therapy claims deceptive'

Karachi Bioethics Group at its 4th meeting held here recently discussed the advertisement published by a medical firm in an English daily on 11th September 2005.
Published 10 Oct, 2005 12:00am
Nawaz announces Rs 50 million relief

Nawaz announces Rs 50 million relief

According to an information received here on Sunday, Mian Nawaz Sharif (PML-N) leader has announced Rs 50 million relief for tremor victims in the country. Eight ambulances carrying relief for tremor victims were dispatched from Sharif City to NWFP and Az
Published 10 Oct, 2005 12:00am
Punjab governor appeal for quake victims help

Punjab governor appeal for quake victims help

Governor of Punjab Lieutenant General Khalid Maqbool (Retd) here on Sunday has appealed to citizens for providing relief to victims of tremor in the country. He asked people to provide tents, blankets, dry food items, and necessary medicines for tremor af
Published 10 Oct, 2005 12:00am
Qazi opposes US and EU aid for quake victims

Qazi opposes US and EU aid for quake victims

Muttahida Majlis-e-Amal (MMA) President and Jamaat-e-Islami (JI) Ameer Qazi Hussain Ahmed has said the government should not accept aid from the US and the European Union for earthquake victims, and hand over all the relief operations to civil society.
Published 10 Oct, 2005 12:00am
Bedsheet makers demand incentives

Bedsheet makers demand incentives

All Pakistan Bedsheets and Upholstry Manufacturers Association (Apbuma) Founder Chairman Syed Muhammad Qasim Shah said: "Pakistan has potential to compete other textile products manufacturers in world market and our export could be doubled if government g
Published 10 Oct, 2005 12:00am
Surge in petroleum prices resented

Surge in petroleum prices resented

Leaders of agriculture, trade and industry strongly resented the soaring oil prices resulting in veering out of control the public finances and it seemed that economy was heading towards trouble. Masood Pervez, President of Hyderabad Chamber of Commerce a
Published 10 Oct, 2005 12:00am
International Housing ratings reaffirmed

International Housing ratings reaffirmed

The JCR-VIS Credit Rating Company Limited has reaffirmed the credit ratings of International Housing Finance Limited (IHFL) at 'BBB+/A-3' (Triple B Plus/A Three). The outlook on the medium to long-term ratings remains 'Positive'.
Published 10 Oct, 2005 12:00am
International Housing ratings reaffirmed

International Housing ratings reaffirmed

The JCR-VIS Credit Rating Company Limited has reaffirmed the credit ratings of International Housing Finance Limited (IHFL) at 'BBB+/A-3' (Triple B Plus/A Three). The outlook on the medium to long-term ratings remains 'Positive'.
Published 10 Oct, 2005 12:00am
NBP contributes Rs 35 million to Relief Fund

NBP contributes Rs 35 million to Relief Fund

The National Bank of Pakistan Chairman & President, S Ali Raza, has announced a donation of Rs 35 million for the President of Pakistan's Relief Fund instituted for the people affected by the earthquake, said a statement issued here on Sunday.
Published 10 Oct, 2005 12:00am
Coca-Cola gives $2 million to quake relief efforts

Coca-Cola gives $2 million to quake relief efforts

Neville Isdell, Chairman and CEO of the Coca-Cola Company on Sunday announced that the Coca-Cola Company and the Coca-Cola Foundation have pledged two million dollars for the earthquake relief effort underway in Pakistan.
Published 10 Oct, 2005 12:00am
Opposition leaders grieved over deaths in quake

Opposition leaders grieved over deaths in quake

Leaders of the opposition parties in Multan have expressed their deep grief over the death and destruction caused by the earthquake in various parts of the country and have also asked their workers to lend a helping hand in the relief efforts.
Published 10 Oct, 2005 12:00am
Government urged to help modernise sports goods industry

Government urged to help modernise sports goods industry

The manufacturers of sports goods have appealed to the federal government to take drastic steps for upgradation of the industry enabling it to cope with the requirements of changing trends in the global market.
Published 10 Oct, 2005 12:00am
Experiments to increase shelf life of mango under way

Experiments to increase shelf life of mango under way

Pakistan Horticulture Development and Export Board (PHDEB) is conducting experiments in collaboration with the University of Agriculture, Faisalabad to increase shelf life of mango with an aim to increase export of the fruit especially to China which is b
Published 10 Oct, 2005 12:00am
Substandard dates posing health hazard

Substandard dates posing health hazard

Dates of low quality are being sold in streets and markets here during Ramazan. During a market survey by PPI, it was observed that various bazaars are flooded with substandard and unhygienic dates, which could be a cause of hepatitis and other diseases.
Published 10 Oct, 2005 12:00am
The evasive Ramazan price relief

The evasive Ramazan price relief

According to a report, taking due notice of the complaints of sudden surge in the prices of essential commodities with the advent of Ramazan, President Pervez Musharraf has asked the federal and provincial governments both to exercise a check on the alarm
Published 10 Oct, 2005 12:00am
Welcome package for rural doctors

Welcome package for rural doctors

Gratifying, indeed, it is to learn from a Recorder Report that the Sindh government is mulling over a reward package, especially for the doctors serving in rural hospitals. This has reference to the heartening observations, which the Sindh Minister for He
Published 10 Oct, 2005 12:00am
Improving tax-to-GDP ratio

Improving tax-to-GDP ratio

Tax reforms, initiated at the command of foreign donors in 2000, have started yielded some positive results. In fiscal year 2004-05, CBR surpassed even the revised target of Rs 590 billion by 2.2 billion. It appears that now society as a whole has started
Published 10 Oct, 2005 12:00am
Japan's homeless left out of economic recovery

Japan's homeless left out of economic recovery

Kanji Takahashi lives in the heart of Tokyo, next to a cluster of government ministries and just a short walk from the posh Ginza shopping district. But the 62-year-old's home is a makeshift tent of blue vinyl sheets and scrap wood, built in a park. Takah
Published 10 Oct, 2005 12:00am
Pakistan's corporate culture

Pakistan's corporate culture

It was generally expected that PM Shaukat Aziz would inculcate a corporate culture in state-owned corporations like the KESC, PIA etc. However the ground realities are not very encouraging, inspite of changes in the top management.
Published 10 Oct, 2005 12:00am
Neglected Karachi

Neglected Karachi

The Prime Minister has spoken about urban improvement and his aides at both the Centre and provincial level have given him a rosy picture. I invite the Prime Minister to come and spend a week in Karachi at a private house without official fanfare and see
Published 10 Oct, 2005 12:00am
A welcome decision

A welcome decision

Selection of Karachi as a venue to host the 6th South Asian Football Federation Cup Championship from 8th to 18th December, 2005 is a welcome decision. Fans are happy. This proves that Karachi is a safe and ideal place for sports activities. Fans love spo
Published 10 Oct, 2005 12:00am
Hong Kong graft buster seeks to clean up Philippines

Hong Kong graft buster seeks to clean up Philippines

Many countries across Asia face the problem of corruption, which poses a massive drain on state budgets and deters foreign investment. The Philippines, rated as one of the worst offenders, has turned for help to one of the region's best.
Published 10 Oct, 2005 12:00am
Stressed executives put feet up to seal business deals

Stressed executives put feet up to seal business deals

Stressed-out but can't take the time off work to unwind? Then take a lesson from executives in Malaysia's capital who have learned to put their feet up without missing the next big deal. Weary execs are mixing business with pleasure by holding meetings wh
Published 10 Oct, 2005 12:00am
PIA's staff donates two-day salary

PIA's staff donates two-day salary

Pakistan International Airlines (PIA) has announced that all the employees have volunteered to contribute two days of their monthly salary to the "President's Relief Fund for Earthquake Victims-2005."
Published 10 Oct, 2005 12:00am
Naimat donates Rs 20 million

Naimat donates Rs 20 million

Former City Nazim Naimatullah Khan on Sunday announced Rs 20 million relief aid for earthquake-affected people. Naimatullah has been appointed by JI Chief Qazi Hussain Ahmed as co-ordinator to oversee country-wide relief campaign.
Published 10 Oct, 2005 12:00am
Rangers Sindh announces Rs 1.5 million donations

Rangers Sindh announces Rs 1.5 million donations

Pakistan Rangers (Sindh) has announced donation of Rs 1.5 million and one day's pay of officers to the President's Relief Fund for the victims of earthquake. Besides, Pakistan Rangers to set up relief camp for collection of relief goods for the victims.
Published 10 Oct, 2005 12:00am
NIC announces Rs 50 million donation

NIC announces Rs 50 million donation

National Insurance Company (NIC) has announced to contribute Rs 50 million towards "President's Relief Fund for Earthquake Victims-2005" for the victims of earthquake which hit different parts of Pakistan on Saturday.
Published 10 Oct, 2005 12:00am
Sindh Assembly to meet on October 14

Sindh Assembly to meet on October 14

Sindh Governor Dr Ishratul Ibad khan has summoned the Sindh Assembly on October 14 at 0900 hrs in the Sindh Assembly Building as required under clause (a) of Article 109 of the Constitution of the Islamic Republic of Pakistan, 1973.
Published 10 Oct, 2005 12:00am
Demonstrators shut down two Afghanistan vote-count centres

Demonstrators shut down two Afghanistan vote-count centres

Demonstrations by candidates and their supporters shut down Sunday two centres counting ballots from Afghanistan's vote last month for the first parliament in more than three decades, the electoral authority said.
Published 10 Oct, 2005 12:00am
Tribal clashes leave 12 dead in India

Tribal clashes leave 12 dead in India

At least 12 people - seven villagers and five separatists - were killed and up to 150 houses torched by rival tribesmen in separate incidents overnight in India's restive north-east, officials said Sunday.
Published 10 Oct, 2005 12:00am
Prospects of Israeli-Palestinian summit fading

Prospects of Israeli-Palestinian summit fading

The prospects of a summit this week between Israeli Prime Minister Ariel Sharon and Palestinian leader Mahmud Abbas looked bleak as negotiations Sunday aimed at finalising the agenda broke up without agreement.
Published 10 Oct, 2005 12:00am
Four Britons wounded in Afghan suicide attack

Four Britons wounded in Afghan suicide attack

Four British nationals were wounded when a suicide bomber rammed his explosives-packed car into their vehicle in southern Afghanistan Sunday, British and Afghan officials said.
Published 10 Oct, 2005 12:00am
Schroeder and Merkel meet to resolve chancellor dispute

Schroeder and Merkel meet to resolve chancellor dispute

Chancellor Gerhard Schroeder and conservative leader Angela Merkel meet on Sunday to try to resolve a bitter row over who should lead Germany and lay the foundations of a coalition government of their rival parties.
Published 10 Oct, 2005 12:00am
Conservatives urge Bush to withdraw Supreme Court nominee

Conservatives urge Bush to withdraw Supreme Court nominee

Conservative outrage over President George W. Bush's controversial pick of Texas lawyer Harriet Miers to fill a vacancy on the US Supreme Court was unabated Sunday as activists called on the White House to withdraw her nomination.
Published 10 Oct, 2005 12:00am
New York police chief defends terror alert

New York police chief defends terror alert

New York police commissioner Raymond Kelly on Sunday defended the decision by local authorities to increase security on the city's subway system, despite skepticism among federal agencies over the seriousness of the threat.
Published 10 Oct, 2005 12:00am
Rice to shirk democracy pressure in Central Asia

Rice to shirk democracy pressure in Central Asia

US Secretary of State Condoleezza Rice will next week refrain from pressing Central Asian governments for speedy democratic change out of fear of alienating military allies in an unstable but oil-rich region.
Published 10 Oct, 2005 12:00am
US briefs key states on Iranian nuclear work

US briefs key states on Iranian nuclear work

The United States has briefed key nations on intelligence that it says shows Iranian atomic weapons work, namely research on getting a missile warhead to explode at an altitude that would maximise the blast of a nuclear explosion, diplomats and analysts t
Published 10 Oct, 2005 12:00am
UN to fill five of Security Council's 15 seats

UN to fill five of Security Council's 15 seats

The United Nations votes on Monday to fill five coveted two-year seats on the 15-nation UN Security Council, choosing from among six candidates. Council members are elected by secret ballot in the UN General Assembly, which has to approve contenders by a
Published 10 Oct, 2005 12:00am
Don't let superpowers steer UN atomic policy: Iran

Don't let superpowers steer UN atomic policy: Iran

Iran warned Nobel Peace Prize winner Mohamed ElBaradei on Sunday not to let the policies of the UN atomic watchdog be steered by superpowers that want Tehran hauled before the UN Security Council. Iran was slow to react to the awarding of this year's peac
Published 10 Oct, 2005 12:00am
ElBaradei faces tough uphill battle, despite Nobel prize

ElBaradei faces tough uphill battle, despite Nobel prize

UN atomic watchdog chief Mohamed ElBaradei sees his Nobel Peace laureate as a mandate to use diplomacy to resolve problems such as Iran's nuclear confrontation with the West, but the way forward will not be easy.
Published 10 Oct, 2005 12:00am
Court convicts Israeli Arabs of planning attacks

Court convicts Israeli Arabs of planning attacks

An Israeli court on Sunday convicted three Israeli Arabs of involvement in a plot to plant bombs in a Tel Aviv shopping mall and along a busy railway line. Israeli security services uncovered the plan and made arrests last year before the explosive device
Published 10 Oct, 2005 12:00am
British stock market looks to merger news

British stock market looks to merger news

London investors will look to merger and acquisition news this week to drive share prices higher, alongside a smattering of corporate results and economic data.
Published 10 Oct, 2005 12:00am
Lloyd's of London first-half profit rises

Lloyd's of London first-half profit rises

The Lloyd's of London insurance market posted a 21 percent rise in pretax profit for the first half of 2005 and said it still expected to make a profit for the year despite heavy hurricane claims.
Published 10 Oct, 2005 12:00am
New advancements in dental treatment

New advancements in dental treatment

Dental surgical microscope: Dentistry through the microscope at 24 times the magnification would revolutionise treatments making them more accurate with less potential failures. A bigger image of the tooth, which looks as big as the face itself, allows fo
Published 10 Oct, 2005 12:00am
Geology makes region prone to quakes: VoA

Geology makes region prone to quakes: VoA

The mountainous regions of Central and Southern Asia are particularly prone to earthquakes because of the geologic forces that created and are still creating - the Himalayas. "Plate tectonics" is the term geologists use to describe movement along the eart
Published 10 Oct, 2005 12:00am
Hazards of living near burning garbage

Hazards of living near burning garbage

People living in outskirts of Karachi are worried about indifferent attitude of city government authorities, who have selected surroundings of ancient villages to dump entire solid waste of the city there. Activists belonging to coastal belt told this scr
Published 10 Oct, 2005 12:00am
Preventable diseases kill 1.4 million children annually

Preventable diseases kill 1.4 million children annually

Some 1.4 million children die each year from diseases that could be prevented by vaccination, says a UNICEF report issued on September 30. It says a one in four infant is still at risk from vaccine-preventable diseases. Each year, 27 million children are
Published 10 Oct, 2005 12:00am
Pakistan in last leg of war against polio

Pakistan in last leg of war against polio

THE CITY of Karachi has been declared polio-free, as no fresh case has been reported from the provincial metropolis and its periphery in 2005. Only three cases have been confirmed in Sindh of the total 17 reported from across the country during the curren
Published 10 Oct, 2005 12:00am
HEALTH UPDATE: exercise in middle age cuts Alzheimer's risk

HEALTH UPDATE: exercise in middle age cuts Alzheimer's risk

Exercising in middle age not only keeps the weight down and the heart healthy but can also cut the risk of suffering from Alzheimer's disease, particularly in high risk people, Swedish researchers said on October 4.
Published 10 Oct, 2005 12:00am
HEALTH UPDATE: painkillers cut risk of mouth cancer

HEALTH UPDATE: painkillers cut risk of mouth cancer

Commonly used painkillers can reduce the risk of mouth cancer in smokers but long-term use could raise the odds of dying from heart disease, Norwegian scientists said on October 7.
Published 10 Oct, 2005 12:00am
Poland says no firm plans for Dell factory

Poland says no firm plans for Dell factory

Dell Inc, the world's largest personal computer maker, is in talks to build a factory in Poland but no decision has been taken, an official said on October 05, denying a report that a site had been chosen. "I would like to deny the rumours that Dell has a
Published 10 Oct, 2005 12:00am
San Francisco mayor sees wireless service as basic right

San Francisco mayor sees wireless service as basic right

San Francisco Mayor Gavin Newsom, who became internationally known for his campaign a year ago to legalise gay marriage, on October 03 said he considered wireless Internet access a fundamental right of all citizens.
Published 10 Oct, 2005 12:00am
China Mobile mulls control of China Resources Peoples Phone

China Mobile mulls control of China Resources Peoples Phone

Mobile phone operator China Resources Peoples Telephone Co Ltd said on October 05 that its controlling shareholder and an executive director were in talks to sell control of the company to China Mobile (Hong Kong) Ltd.
Published 10 Oct, 2005 12:00am
Google and Cingular among those seeking SF Wi-Fi deal

Google and Cingular among those seeking SF Wi-Fi deal

San Francisco has received more than 24 separate proposals to provide free, wireless Internet services city-wide from vendors including Web search company Google Inc, the city's mayor said on October 03.
Published 10 Oct, 2005 12:00am
Vodafone New Zealand to focus on revenue growth

Vodafone New Zealand to focus on revenue growth

British mobile giant Vodafone said on October it wanted to expand its revenue base in the competitive New Zealand market, but was not focusing on fighting to defend its cell phone market share lead.
Published 10 Oct, 2005 12:00am
Vodafone New Zealand to focus on revenue growth

Vodafone New Zealand to focus on revenue growth

British mobile giant Vodafone said on October it wanted to expand its revenue base in the competitive New Zealand market, but was not focusing on fighting to defend its cell phone market share lead.
Published 10 Oct, 2005 12:00am
Movie industry to move online to beat pirates

Movie industry to move online to beat pirates

The film industry is working to launch online movie download services to avoid the same fate as the piracy-ridden music industry, NBC Universal Chairman and Chief Executive Bob Wright said on October 04.
Published 10 Oct, 2005 12:00am
EU tells mobile phone firms to cut roaming fees

EU tells mobile phone firms to cut roaming fees

Mobile phone companies who charge customers high fees for calls outside a home country could face a clampdown unless they cut fees within six months, the European Union's top telecom regulator said on October 04.
Published 10 Oct, 2005 12:00am
Lack of funds impeding Comstech plans

Lack of funds impeding Comstech plans

The Ministerial Standing Committee of the Organisation of Islamic Countries (OIC) on Scientific and Technological Co-operation (Comstech) fetched a contribution of 2.1 million dollars during 2004-05 from the member states.
Published 10 Oct, 2005 12:00am
China Mobile eyes stake in SmarTone

China Mobile eyes stake in SmarTone

China Mobile (Hong Kong) Ltd , while mulling the purchase of a controlling stake of China Resources Peoples Telephone Co Ltd, may also seek a stake in SmarTone Telecommunications Holdings Ltd, a Hong Kong newspaper reported on Thursday.
Published 10 Oct, 2005 12:00am
Morgan Stanley starts TeliaSonera at 'equal-weight'

Morgan Stanley starts TeliaSonera at 'equal-weight'

Morgan Stanley said on October 05 it was starting coverage of the Nordic region's biggest telecom operator TeliaSonera with an "equal-weight" rating and a price target of 41 crowns ($5.25).
Published 10 Oct, 2005 12:00am
Investcom IPO priced at top of range-source

Investcom IPO priced at top of range-source

Middle Eastern telecoms group Investcom has priced its London market debut at the top of its $10.35 to $12.35 range amid keen investor demand, one source familiar with the deal said on October 05.
Published 10 Oct, 2005 12:00am
Investcom IPO priced at top of range-source

Investcom IPO priced at top of range-source

Middle Eastern telecoms group Investcom has priced its London market debut at the top of its $10.35 to $12.35 range amid keen investor demand, one source familiar with the deal said on October 05.
Published 10 Oct, 2005 12:00am
MediaRing dials Internet for profit

MediaRing dials Internet for profit

Singapore-based MediaRing Ltd, which calls itself the world's first profitable voice over Internet protocol (VoIP) provider, is looking to buy Web service providers in Asia.
Published 10 Oct, 2005 12:00am
MediaRing dials Internet for profit

MediaRing dials Internet for profit

Singapore-based MediaRing Ltd, which calls itself the world's first profitable voice over Internet protocol (VoIP) provider, is looking to buy Web service providers in Asia.
Published 10 Oct, 2005 12:00am
ADC sees fourth-quarter earnings

ADC sees fourth-quarter earnings

Network infrastructure firm ADC Telecommunications Inc on October 04 forecast fiscal fourth-quarter earnings from continuing operations at 15 to 19 cents a share, below analysts expectations.
Published 10 Oct, 2005 12:00am
ADC sees fourth-quarter earnings

ADC sees fourth-quarter earnings

Network infrastructure firm ADC Telecommunications Inc on October 04 forecast fiscal fourth-quarter earnings from continuing operations at 15 to 19 cents a share, below analysts expectations.
Published 10 Oct, 2005 12:00am
ABN loses head of UK equity sales

ABN loses head of UK equity sales

Rupert Henson has left Dutch bank ABN Amro, where he was head of UK equity sales and a near-15-year veteran, a source familiar with the situation said on October 05.
Published 10 Oct, 2005 12:00am
ABN loses head of UK equity sales

ABN loses head of UK equity sales

Rupert Henson has left Dutch bank ABN Amro, where he was head of UK equity sales and a near-15-year veteran, a source familiar with the situation said on October 05.
Published 10 Oct, 2005 12:00am
Hong Kong shares set for rangebound trade

Hong Kong shares set for rangebound trade

Hong Kong shares are set to stabilise and move in a narrow range this week on continuing worries over the outlook for interest rates after a Fed official issued a fresh warning on rising US inflation, dealers said.
Published 10 Oct, 2005 12:00am
India's Federal Bank approves Lord Krishna Bank buy

India's Federal Bank approves Lord Krishna Bank buy

The board of directors at India's Federal Bank Ltd approved on Wednesday the potential acquisition of unlisted Lord Krishna Bank, Federal Bank Chairman M. Venugopalan said.
Published 10 Oct, 2005 12:00am
Taiwan shares to consolidate

Taiwan shares to consolidate

Taiwan share prices are likely to consolidate this week amid lingering concerns over inflation and the lack of positive leads, dealers said. Taiwan's consumer price index in September rose 3.12 percent year-on-year after it hit 3.59 percent in August, the
Published 10 Oct, 2005 12:00am
Malaysian shares expected to trade sideways

Malaysian shares expected to trade sideways

Malaysian share prices are expected to trade sideways this week in the absence of fresh leads after a cautious federal budget, although plantation stocks are expected to be strong, dealers said.
Published 10 Oct, 2005 12:00am
Cairo shares rise after three-day correction

Cairo shares rise after three-day correction

Recently listed Alexandria Minerals Oil Company (AMOC) and regional giant Orascom Telecom (OT) pulled up Egyptian stocks on Sunday to reverse a three-day correction.
Published 10 Oct, 2005 12:00am
Japanese market braces for further volatility

Japanese market braces for further volatility

Japanese stocks face further turbulence this week with a rush of US earning releases set to determine whether a recent correction spurred by inflation worries has run its course, analysts said.
Published 10 Oct, 2005 12:00am
Philippines shares seen trading sluggishly

Philippines shares seen trading sluggishly

Philippines share prices are expected to move sluggishly this week as investors wait for positive developments before making their next move, dealers said. "As we approach the Christmas holidays, the market will probably be restful," said Nestor Aguila of
Published 10 Oct, 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 Sunday: 65.65/65.75 (previous 65.65/65.75). Call Money Rates: 5.75-10.75 percent (previous 5.75-12.00 percent).
Published 10 Oct, 2005 12:00am
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