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Print - 2005-11-19
Iran gives UN documents on making atom bomb core

Iran gives UN documents on making atom bomb core

The UN nuclear watchdog said in a confidential report on Friday Iran had given it a document which diplomats said included partial instructions for making the core of a nuclear bomb.
Published 19 Nov, 2005 12:00am
UN envoys reject Guantanamo visit

UN envoys reject Guantanamo visit

UN human rights investigators rejected an invitation to visit the Guantanamo Bay prison camp, saying on Friday Washington would not let them interview the more than 500 people held there.
Published 19 Nov, 2005 12:00am
African Union reinforced in Darfur as violence spirals

African Union reinforced in Darfur as violence spirals

Armoured vehicles began arriving in Sudan's Darfur region on Friday, a move officials said would significantly improve the capabilities of African Union forces trying to cope with spiralling violence.
Published 19 Nov, 2005 12:00am
Portuguese soldier killed in Kabul blast

Portuguese soldier killed in Kabul blast

A Portuguese soldier was killed in a blast caused by a bomb or a landmine in Afghanistan's capital Friday, defence officials said. He was the second foreign peacekeeper to die in the city this week.
Published 19 Nov, 2005 12:00am
CIA has set up secret joint counterterrorism centers

CIA has set up secret joint counterterrorism centers

The CIA has set up secret joint counterterrorism centers in Europe, Middle East and Asia to track and capture suspected terrorists and penetrate their networks, The Washington Post said Friday.
Published 19 Nov, 2005 12:00am
US stages successful missile shootdown

US stages successful missile shootdown

A Lockheed Martin Corp built Aegis missile defence system on Thursday shot down a dummy warhead over Hawaiian waters in the sixth such successful, ship-based, intercept test in seven tries, the Pentagon's Missile Defence Agency announced.
Published 19 Nov, 2005 12:00am
German parties sign deal to form grand coalition

German parties sign deal to form grand coalition

Germany's two leading political parties signed a coalition deal on Friday, formally setting aside decades of rivalry exactly two months after an election in September that gave neither side victory.
Published 19 Nov, 2005 12:00am
Israel plans new homes for World Bank settlement

Israel plans new homes for World Bank settlement

Israel has issued new housing tenders for the biggest Jewish settlement in the occupied West Bank, despite its obligation to freeze such construction under a US-backed "road map" to peace with the Palestinians.
Published 19 Nov, 2005 12:00am
UN official wants global probe of Iraq jails

UN official wants global probe of Iraq jails

United Nations human rights chief Louise Arbour on Friday called for an international probe into Iraqi jails after accusations of serious abuse of detainees at a secret Interior Ministry detention centre.
Published 19 Nov, 2005 12:00am
Jordanians mass to condemn deadly attacks

Jordanians mass to condemn deadly attacks

At least 200,000 people on Friday marched though the centre of the Jordanian capital Amman in a mass show of anger at the triple suicide bombings this month that left 59 dead, police and organisers said.
Published 19 Nov, 2005 12:00am
Indian rupee slips back

Indian rupee slips back

The rupee slipped back on Friday as the dollar's renewed rally overseas spurred importers to play safe by buying the US currency and triggered a flurry of short-dollar covering ahead of the weekend.
Published 19 Nov, 2005 12:00am
Sterling hits two-year low

Sterling hits two-year low

Sterling fell to a two-year low against the dollar and a one-month low against the euro on Friday as the pound's interest rate advantage looked set to wane.
Published 19 Nov, 2005 12:00am
Dollar rallies versus majors

Dollar rallies versus majors

The dollar scaled a two-year high against the pound and rose back toward two-year peaks against the yen and the euro on Friday as investors bet the greenback's bull run would continue.
Published 19 Nov, 2005 12:00am
General Motors bond rallies

General Motors bond rallies

The cost of default protection on General Motors fell on Friday as investors welcomed comments from the troubled US auto maker's chief executive that the company was unlikely to go bankrupt.
Published 19 Nov, 2005 12:00am
General Motors bond rallies

General Motors bond rallies

The cost of default protection on General Motors fell on Friday as investors welcomed comments from the troubled US auto maker's chief executive that the company was unlikely to go bankrupt.
Published 19 Nov, 2005 12:00am
US Stocks: Friday's unofficial close

US Stocks: Friday's unofficial close

US stocks erased early gains and were little changed on Friday as media and entertainment company Walt Disney Co fell on weaker earnings, and sliding oil prices dragged down some energy shares.
Published 19 Nov, 2005 12:00am
Singapore shares move up

Singapore shares move up

Singapore share prices closed 1.4 percent higher Friday, boosted by the economy's strong showing in the third quarter with sentiment also buoyed by hefty gains elsewhere in the region, dealers said.
Published 19 Nov, 2005 12:00am
Indian shares stay higher

Indian shares stay higher

Indian share prices rose for a sixth straight day on Friday, closing up 0.43 percent, led by fund-based buying by overseas and domestic funds and retail investors, dealers said.
Published 19 Nov, 2005 12:00am
Britain's top share index closes higher as miners glitter

Britain's top share index closes higher as miners glitter

Britain's top share index rose on Friday to seal a fourth weekly gain in a row as record metal prices boosted mining stocks, such as copper firm Antofagasta, and as hopes for consolidation boosted property firms, including British Land.
Published 19 Nov, 2005 12:00am
Sugar reform: EU limbers up for marathon debate

Sugar reform: EU limbers up for marathon debate

Europe's lavish sugar regime, barely altered in the last 40 years, is poised for a massive shake-up that should bring it into line with world trade rules and carve a hefty chunk out of annual production and exports.
Published 19 Nov, 2005 12:00am
Brazil roasters squeezed by tight margins

Brazil roasters squeezed by tight margins

Despite strong domestic demand, Brazilian coffee industry profits have dropped to the lowest level in a decade due to fierce price competition among a large number of roasters.
Published 19 Nov, 2005 12:00am
Brazil official rules out record 2006 coffee crop

Brazil official rules out record 2006 coffee crop

Brazil could produce at least 42 million 60-kg bags of coffee in 2006 but it won't be a record crop because reduced fertiliser use will curb yields and the area is stable, Brazil's senior coffee official said on Friday.
Published 19 Nov, 2005 12:00am
Oil falls to five-month low, stockpiles weigh

Oil falls to five-month low, stockpiles weigh

Oil dropped briefly below $56 a barrel on Friday for the first time in five months as investors grew confident that hefty fuel stockpiles would see the world''s consumers through cold winter weather.
Published 19 Nov, 2005 12:00am
Oil falls to five-month low, stockpiles weigh

Oil falls to five-month low, stockpiles weigh

Oil dropped briefly below $56 a barrel on Friday for the first time in five months as investors grew confident that hefty fuel stockpiles would see the world's consumers through cold winter weather.
Published 19 Nov, 2005 12:00am
Oil falls to five-month low, stockpiles weigh

Oil falls to five-month low, stockpiles weigh

Oil dropped briefly below $56 a barrel on Friday for the first time in five months as investors grew confident that hefty fuel stockpiles would see the world's consumers through cold winter weather.
Published 19 Nov, 2005 12:00am
UK wheat exports down

UK wheat exports down

UK grain exporters shipped 291,785 tonnes of wheat overseas in September, including 173,491 tonnes to Spain, official customs data showed on Friday. Wheat exports for the July-September period were 601,079 tonnes, slightly down from 611,064 in the same pe
Published 19 Nov, 2005 12:00am
New York cotton settles lower

New York cotton settles lower

Cotton futures settled lower Friday on modest speculative sales as the market will pay close attention to deliveries in the spot December contract on November 22, brokers said.
Published 19 Nov, 2005 12:00am
Liffe cocoa jumps

Liffe cocoa jumps

Buoyed by an ailing pound, London cocoa jumped on speculative and fund buying to a three-week peak on Friday, dealers said. The market drew technical buying by speculators after cocoa for December delivery broke through 814/815, 825 and then 835 pounds a
Published 19 Nov, 2005 12:00am
Copper ends higher

Copper ends higher

Copper prices set successive record highs in Friday's London Metal Exchange (LME) trading, with the market focused on a looming Chinese short position.
Published 19 Nov, 2005 12:00am
European gold hovers near 18-year high

European gold hovers near 18-year high

Gold traded just below a new 18-year high hit earlier on Friday after aggressive buying by investment funds, and analysts said the metal had potential to target news highs again.
Published 19 Nov, 2005 12:00am
US MIDDAY: coffee dips

US MIDDAY: coffee dips

US coffee futures dipped more than 1 percent Friday, with light speculative and fund selling taking back the previous session's gains, market sources said.
Published 19 Nov, 2005 12:00am
US MIDDAY: cocoa rises

US MIDDAY: cocoa rises

US benchmark cocoa futures rose on Friday, ending up 4.8 percent at a three-week high thanks to speculative short covering and fund buying in line with London's surging cocoa market, market sources said.
Published 19 Nov, 2005 12:00am
US MIDDAY: sugar weaker

US MIDDAY: sugar weaker

London white sugar futures settled slightly weaker on speculative and trader selling on Friday, traders said. "I think the March contract in London has some trouble staying above $300," one trader said, noting there was some profit-taking following a run-
Published 19 Nov, 2005 12:00am
US MIDDAY: corn lower

US MIDDAY: corn lower

Corn futures at the Chicago Board of Trade were lower early on Friday, setting new contract lows as abundant stocks of feed grains and concerns that bird flu may expand and cut in to feed consumption weighed on prices, traders said.
Published 19 Nov, 2005 12:00am
US MIDDAY: wheat drops

US MIDDAY: wheat drops

Wheat futures at the Chicago Board of Trade were lower early on Friday and new contract lows were notched with the market dragged down by plunging soy, traders said.
Published 19 Nov, 2005 12:00am
US MIDDAY: copper keeps climbing

US MIDDAY: copper keeps climbing

US copper futures continued their ascent to a fresh series of record-breaking levels on Thursday, as brokers said funds and speculators bought strong supply/demand fundamentals amid a swirl of rumours regarding a huge short position thought to be held by
Published 19 Nov, 2005 12:00am
US MIDDAY: soyabeans slide

US MIDDAY: soyabeans slide

Chicago Board of Trade soyabean futures fell early on Friday as renewed concerns about ample US soyabean stocks after this fall's near record harvest sparked technical selling by funds, traders said. January soya was down 7-3/4 cents at $5.71-1/2 per bush
Published 19 Nov, 2005 12:00am
US MIDDAY: gold firms

US MIDDAY: gold firms

Gold futures in New York held steady early on Friday but below a new 18-year high hit overnight, as traders awaited the next move from bullish funds and investors, traders and analysts said.
Published 19 Nov, 2005 12:00am
Rs 2.55 billion paid to survivors in AJK so far: Faisal

Rs 2.55 billion paid to survivors in AJK so far: Faisal

Minister for Kashmir Affairs and Northern Areas Makhdoom Faisal Saleh Hayat has said Rs 2.55 billion compensation has already been distributed among the quake affected peoples of Azad Kashmir.
Published 19 Nov, 2005 12:00am
Army engineers help build 1,350 shelters

Army engineers help build 1,350 shelters

With the help and assistance of Pakistan army engineers around 1,350 Shelters have been constructed in the quake-stricken parts of NWFP and AJK.
Published 19 Nov, 2005 12:00am
Shabbir's action

Shabbir's action

One is surprised over the reported suspect bowling action of Shabbir Ahmed and Shoaib Malik by the ICC umpires and Test match referee. Pakistan will be weakened by the absence of Shabbir, a lanky medium pacer who usually keeps tight line and length and se
Published 19 Nov, 2005 12:00am
A risky place

A risky place

Guru Mandir area is a risky place, daily one traffic accident or the other takes place, particularly at night, resulting in fatalities and casualties. The motorists, scooterists, bus and wagon-drivers move at the fastest speed without caring about the ped
Published 19 Nov, 2005 12:00am
The Clifton Mazaar

The Clifton Mazaar

The Governor of Sindh has taken the laudable action of clearing the area around Abdullah Shah Ghazi Mazaar by demolishing the shops etc. But he should also ensure that the drug addicts which infest the area are also removed.
Published 19 Nov, 2005 12:00am
East beats West in troubled Germany

East beats West in troubled Germany

After the fall of the Berlin Wall 16 years ago, it was the West Germans who brought democracy and a market economy to the country's communist East. But with nearly 5 million unemployed and an economy that is barely growing, Germany has now turned to two e
Published 19 Nov, 2005 12:00am
Insurance Ombudsman

Insurance Ombudsman

The appointment of the Insurance Ombudsman and the turning down of the offer by the appointee, apparently a rare sight in this country, should not mystify anyone, because of the patent illegality of the appointment notification, discovered later.
Published 19 Nov, 2005 12:00am
Donor conference: expectations and prospects

Donor conference: expectations and prospects

Just days before the convening of today's international donor conference in Islamabad, a resolution tabled by Pakistan at the UN General Assembly (UNGA) calling for the mobilisation of international support for the medium and long term needs of the quake-
Published 19 Nov, 2005 12:00am
Widow gets family pension on Ombudsman's orders

Widow gets family pension on Ombudsman's orders

The Punjab Local Government Board (PLGB) has paid outstanding pension dues to a widow of her husband, amounting to Rs 143,786 on the intervention of Punjab Ombudsman, Abdur Rashid Khan.
Published 19 Nov, 2005 12:00am
Shahbaz Sharif made no deal with government: SCBA chief

Shahbaz Sharif made no deal with government: SCBA chief

President Supreme Court Bar Association (SCBA) Malik Muhammad Qayyum said on Friday that Mian Shahbaz Sharif, being his client, had announced on oath that he had no agreement with the government.
Published 19 Nov, 2005 12:00am
Hyderabad Ladies Club issue takes new turn

Hyderabad Ladies Club issue takes new turn

The controversial issue of the historic Ladies Club has taken a new turn when district government also set claim on the property on the basis of documentary evidence of revenue department.
Published 19 Nov, 2005 12:00am
'H5N1 bird flu not hazardous for humans'

'H5N1 bird flu not hazardous for humans'

Pakistan is part of tropical region and the virus of bird flu can not incubate in such a hot temperature to spread or become life threat for people. However, the people should cook the chicken meat properly to avoid having chances of such disease.
Published 19 Nov, 2005 12:00am
Samsung launches D600 mobile phone

Samsung launches D600 mobile phone

Samsung announced the release of the SGH - D600 mobile phone. A litany of features graces the D600 starting with the 2.0 Mega-pixel camera with flash and MPEG video recording and messaging that stand out on the 262144 colours of the striking 2.0" QVGA LCD
Published 19 Nov, 2005 12:00am
Speakers for updating bounced cheque law

Speakers for updating bounced cheque law

Obsolete laws relating to banking and other sectors should be removed to bring these to suit the realities of modern needs and aspirations.
Published 19 Nov, 2005 12:00am
The Weather

The Weather

The weather report on Friday (November 18, 2005) and the forecast for Saturday (November 19, 2005).
Published 19 Nov, 2005 12:00am
Date extended for competition

Date extended for competition

The Ministry of Religious Affairs has extended the last date for submission of books and articles on Seerat and Naat for Seerat Book Competition - 2006 till December 20 this year.
Published 19 Nov, 2005 12:00am
New York cotton

New York cotton

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

Published 19 Nov, 2005 12:00am
600 open manholes posing constant threat

600 open manholes posing constant threat

There are 600 "booby-trap" open manholes in Hyderabad city, which trap the innocent children to death, says a survey conducted by the district government recently.
Published 19 Nov, 2005 12:00am
New York cotton

New York cotton

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

Published 19 Nov, 2005 12:00am
PIA fleet's average age to be reduced to 9 years by 2011

PIA fleet's average age to be reduced to 9 years by 2011

The average age of the national flag carrier, Pakistan International Airline (PIA) fleet by 2011would be targeted to nine years against current 22 years. Changes are being made in PIA to improve its performance in terms of profitability, service and effic
Published 19 Nov, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (November 18, 2005).

Published 19 Nov, 2005 12:00am
Poultry Association to start vaccination drive

Poultry Association to start vaccination drive

The Pakistan Poultry Association (PPA) has decided to launch a mass scale vaccination campaign against Avian Influenza H7 and H9 in view of the lurking danger of the disease reported in some Asian countries.
Published 19 Nov, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (November 18, 2005).

Published 19 Nov, 2005 12:00am
Mayo Gas to launch LPG project soon

Mayo Gas to launch LPG project soon

Mayo Gas Company in collaboration with Iran is launching first ever Rs 2 billion liquefied petroleum gas (LPG) project soon. Prime Minister Shaukat Aziz will inaugurate the project. Mayo Gas Company Chief Executive Officer Nisar Ahmed Qureshi stated this,
Published 19 Nov, 2005 12:00am
Key stock market movements at 1700 GMT on November 18

Key stock market movements at 1700 GMT on November 18

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 19 Nov, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The government finally relented and accepted opposition's demand to refer Textile Minister Mushtaq Cheema's brokered tent procurement contract to the relevant committee, thus, bringing the opposition back to the House on Friday.
Published 19 Nov, 2005 12:00am
Qazi not to attend donors conference, Fazl undecided

Qazi not to attend donors conference, Fazl undecided

Alliance for the Restoration of Democracy (ARD) and Muttahida Majlis-i-Amal (MMA) President Qazi Hussain Ahmed on Friday decided not to participate in the donors conference on November 19.
Published 19 Nov, 2005 12:00am
Punjab flour mills meeting in Lahore today

Punjab flour mills meeting in Lahore today

Punjab Flour Mills Association (PFMA) has convened an emergency meeting in Lahore on Saturday to work out strategy to cope with the situation arising out of delay in issue of wheat quota from the provincial food department to mills.
Published 19 Nov, 2005 12:00am
CBR two-day workshop on tax reforms

CBR two-day workshop on tax reforms

The Central Board of Revenue (CBR) will be organising two-day workshop on implementation of tax reforms strategy at Bhurban from November 27 to 28. The workshop would discuss the issues raised by the World Bank relating to Tax Administration Reform Projec
Published 19 Nov, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (November 18, 2005).

Published 19 Nov, 2005 12:00am
Five new crop varieties evolved

Five new crop varieties evolved

Nuclear Institute of Agriculture (NIA), an agriculture research institute of the Pakistan Atomic Energy Commission (PAEC), has evolved five new crop varieties having superior characteristics such as high yield, pest resistance and drought tolerance, says
Published 19 Nov, 2005 12:00am
No time-frame for LoC crossing points: foreign office

No time-frame for LoC crossing points: foreign office

Foreign office spokesperson, Tasneem Aslam has said that there is no mention of any time-frame in the joint India-Pakistan statement as to how long the five points at the Line of Control will remain open for the cross movement of Kashmiris.
Published 19 Nov, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (November 18, 2005).

Published 19 Nov, 2005 12:00am
SSC Part II supplementary exam results declared

SSC Part II supplementary exam results declared

The Board of Secondary Education Karachi (BSEK) on Friday announced the result of SSC Part II Supplementary Examination 2005 of Science and General groups (Regular and Private). According to statistics, 11,496 candidates appeared in the examination and th
Published 19 Nov, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (November 18, 2005).

Published 19 Nov, 2005 12:00am
Export trade centre for businesswomen planned

Export trade centre for businesswomen planned

The Punjab government is actively considering establishing an "Export Trade Centre" for womenfolk in the province. The work on this proposed project would be carried out in the near future.
Published 19 Nov, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (November 18, 2005).

Published 19 Nov, 2005 12:00am
SEPZ to be declared model zone

SEPZ to be declared model zone

The Federal government has decided to declare Sialkot Export Processing Zone (SEPZ) as a model zone of the country and a formal announcement in this regard is expected shortly, said Ashraf Wala, general manager Export Processing Zone Authority (EPZA).
Published 19 Nov, 2005 12:00am
Educational exhibition on November 20

Educational exhibition on November 20

The Karachi Branch Council (KBC) of the Institute of Cost and Management Accountants (ICMAP) is organising an educational exhibition on November 20 at a local hotel. This was announced in a statement of the organisation issued here on Friday.
Published 19 Nov, 2005 12:00am
World performing arts festival opens today

World performing arts festival opens today

Al-Hamra Cultural Complex will echo to the sound of drumbeats, jingles, songs and footsteps for the next ten days as the World Performing and Visual Arts Festival bursts into action here from November 19.
Published 19 Nov, 2005 12:00am
Eight criminals arrested

Eight criminals arrested

Islamabad police said on Friday they have arrested eight criminals and recovered stolen items and illegal weapons from them. According to the police spokesman, the arrested criminals have confessed during the preliminary investigation for being involved i
Published 19 Nov, 2005 12:00am
SHC declares building's fourth floor illegal, orders demolition

SHC declares building's fourth floor illegal, orders demolition

The fourth floor shall not be allowed to be constructed or be demolished if already raised, ordered a division bench of High Court of Sindh (SHC) comprising Chief Justice Sabihuddin Ahmed and Justice Muhammad Athar Saeed, here on Friday.
Published 19 Nov, 2005 12:00am
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