Hong Kong dollar, forwards and interest rate markets were steady on Tuesday, as players kept to the sidelines ahead of the Federal Reserve's rate setting meeting.
The Indonesian rupiah and Philippine peso bucked the firm tone of Asian currencies on Tuesday as markets pared US dollar holdings ahead of another expected rise in interest rates in the United States.
Pakistan on Tuesday included all-rounder Shahid Afridi in their 15-man one-day squad for the last three limited internationals against England, chief selector Wasim Bari said.
Pakistan thrashed India by a three-zero margin in an internationalvolleyball mach played at Talab Maula Bux here on Monday afternoon. From the outset, Pakistan maintained a dominating position and fished the winners with a scoreline of 28-26, 25-21 and 23
Norwegian telecom giant, Telenor Pakistan has announced that Jahangir Khan and Jansher Khan, two legends who are considered by many to be the greatest players in the history of squash, will clash on Wednesday afternoon in a unique charity match, according
Sri Lanka were 123 for five-5 in their second innings after being set a 436-run target by India on the fourth day of the second Test at the Ferozeshah Kotla Ground here on Tuesday.
A rib injury has ruled Kevin Pietersen out of the rest of England's one-day series against Pakistan, the England and Wales Cricket Board announced on Tuesday.
Pakistan and Germany played out a thrilling 4-4 draw as Australia and the Netherlands stayed on course for the Champions Trophy field hockey final with contrasting wins here on Tuesday.
Security has been tightened around the National Stadium since Tuesday morning ahead of third one-day to be played between Pakistan and England where the rangers and other law enforcement agencies had a 'dress rehearsal and finalised the contingency plans.
New regulations aimed at making it easier for countries to share information about disease outbreaks will help fight avian influenza, a senior World Health Organisation official said on Monday.
Movie director Peter Jackson is the king of special effects but even he was outdone Wednesday when the audience was shaken and stirred by an earthquake during a preview screening of his new blockbuster "King Kong".
One of Australia's most enduring crime mysteries came to an end Tuesday when a mechanic and admitted drug runner, Bradley John Murdoch, was found guilty of the 2001 murder of missing British tourist Peter Falconio.
Russia said on Tuesday it would work with China to contain a river-borne toxic slick caused by an explosion at a Chinese chemical plant that is expected to hit Russian territory this week.
Lebanon was thrown into fresh political turmoil Tuesday as it mourned the killing of prominent anti-Syrian journalist and MP Gibran Tueni in an attack many blamed on former powerbroker Damascus.
The prosecutor of the new International Criminal Court said he was investigating killings, mass rapes and other atrocities in lawless Darfur but had not been able to conduct inquiries in Sudan itself.
India's upper house of parliament on Tuesday suspended one of its members after a TV channel aired footage of 11 MPs allegedly accepting cash for asking questions in parliament.
Israel's army chief said on Tuesday Tehran could start enriching uranium by March 2006 and might be capable of producing nuclear bombs within three years.
At least 15 people were injured and 200 homes destroyed when an earthquake measuring 6.7 on the Richter scale struck mountainous north-eastern Afghanistan early Tuesday, officials said.
Palestinian gunmen from President Mahmoud Abbas's ruling Fatah party stormed election offices and battled police in the Gaza Strip on Tuesday in a flare-up of violence that could disrupt next month's parliamentary ballot.
Iran's Supreme Leader Ayatollah Ali Khamenei urged Palestinians on Tuesday to continue their armed struggle in the latest in a series of anti-Israel comments by senior Iranian officials.
Iran said on Tuesday it was not interested in "condescending" security guarantees from the United States, rejecting an idea which the UN's atomic watchdog chief hopes could ease tensions over the Islamic republic's nuclear drive.
An apartment building in New Jersey partially collapsed on Tuesday after a suspected gas explosion, and hospital officials said at least five people were injured.
California prison officials executed Stanley Tookie Williams, the ex-leader of the Crips gang who brutally killed four people in 1979, early on Tuesday after Gov. Arnold Schwarzenegger and top courts rejected appeals to spare his life.
Gunmen assassinated a high- profile Sunni Muslim politician on Tuesday, a stark reminder of dire insecurity two days before Iraqis vote for their first full-term parliament since Saddam Hussein's fall.
China, Cuba, Eritrea and Ethiopia jail more journalists than any other country, but the United States has risen to sixth place because of detentions in Iraq, a journalism watchdog group said on Tuesday.
More than 1,000 people reverted to Islam in Germany this year, the highest figure on record, and a majority were women who were not married to a Muslim, according to a report on Tuesday.
A month-old investigation has reinforced allegations the CIA ran a network of secret prisons in Europe, abducted prisoners and transferred them between countries, a European human rights investigator said on Tuesday.
The rupee rose for a third session on Tuesday to a near-two-week high, helped by capital flows into a rallying stock market, but traders said gains were restrained by a surge in the price of oil, India's biggest import.
Sterling dipped against the dollar and the euro on Tuesday after lower-than-expected UK inflation figures supported the view that the Bank of England is likely to cut interest rates, not raise them.
The dollar rose against the euro and yen on Tuesday as investors positioned themselves ahead of an expected US interest rate rise, shrugging off strong euro zone data.
Debt in German specialty chemicals firm Degussa fell on Tuesday, on fears of a buyout that could send the company's bonds to "junk", while General Motors bonds traded lower after a ratings cut from Standard & Poor's.
Debt in German specialty chemicals firm Degussa fell on Tuesday, on fears of a buyout that could send the company's bonds to "junk", while General Motors bonds traded lower after a ratings cut from Standard & Poor's.
Seoul stocks hit a record high on Tuesday, as non-life insurers such as Samsung Fire and Marine Insurance extended recent gains on expectations higher local interest rates will boost investment yields.
US stocks treaded water as investors waited for the Federal Reserve to make its latest move on interest rates, while technology stocks dipped after electronics chain Best Buy Co Inc gave a weak outlook.
Indian share prices surged 1.43 percent Tuesday as foreign funds brought blue chips on prospects of strong economic growth despite concerns over a possible rate hike by the US Federal Reserve, dealers said.
Britain's leading shares rose on Tuesday, supported by gains in heavyweight oil stocks and in Hilton as investors bet on bid activity in the hotels sector, but shares in PartyGaming sank after an analyst downgrade. Shares in Hilton were the top blue-chip
The world may have a small coffee production surplus in 2006/07 (October-September) after a 7-million 60-kg bag deficit the year before as output recovers in Vietnam and Brazil, the International Coffee Organisation said on Tuesday.
There will be no letup in 2006 in the investment flow into commodities, which were a fringe asset class just five years ago but are now more of a conventional, if tiny, allocation in portfolios, said the global head of commodities at Barclays Capital.
Oil held steady above $61 on Tuesday after Opec paved the way for a production cut early next year and forecasters predicted more cold weather in the north-east United States, the world's biggest heating oil market.
China may release sugar from its reserves to help cap rising domestic prices for refined sugar, which are nearing a record high due to a shortage of raw.
Cotton futures settled higher Tuesday on a steady round of speculative buying and a further rise may be hemmed in by solid producer and trade sales in the market, brokers said.
London's coffee market ended several pounds lower on Tuesday after profit taking knocked prices from a five-month high and ended a week-long gaining streak, dealers said.
Base metals resumed their upward trend on Tuesday after the previous day's correction on the London Metal Exchange (LME), with copper targeting last week's record $4,478 a tonne peak and beyond, dealers said.
Gold prices were looking for steadier ground after slipping more than three percent early on Tuesday from yesterday's near-25-year peak as traders took profits, analysts said.
US cocoa futures eked out modest gains to settle at a new 3-month high on Tuesday, but speculators were nervous the past week's bullish trend may be ready for a correction, traders said.
Raw sugar prices closed easier Tuesday on mild speculative profit-taking and trade sales, but a rally that has hoisted the sweetener to a 10-1/2 year high is seen boosting values in the days ahead, brokers said.
Chicago Board of Trade corn futures fell early on Tuesday on a technical setback after Monday's rally, traders said. December corn was down 2-3/4 cents at $1.91-1/2 per bushel and March was 2 lower at $2.05-3/4, trading above nearby support at $2.04.
Wheat futures on the Chicago Board of Trade were mostly lower at midsession on Tuesday in a technical setback from Monday's strong rally, brokers said.
US copper futures shot up to a new record high in early Tuesday business, when some players saw an opportunity to cover short positions or buy outright after stiff losses suffered a day earlier, traders said.
Gold futures fell early on Tuesday after rising for eight straight sessions on speculative buying, as profit taking dragged it down from a quarter-century high of nearly $545 an ounce, dealers said.
NWFP Senior Minister and Provincial Jamaat-i-Islami (JI) Ameer Sirajul Haq has said the JI is a party of the staunch followers of Islam who do not have lust for power but their basic aim is to revive universal welfare system of Shariah and serve the human
People belonging to different walks of life have fully supported the construction of new dams for bringing green revolution and averting the threats of drought to the country in future.
A 10-member delegation of Jordan's 'Shaheen' business and investment group, arrived here on Tuesday to discuss project identification and as a follow-up of their visit in early November this year.
Travel between twin cities of Rawalpindi and Islamabad for common people and salaried class has become a difficult task due to a multitude of problems such as the hike in fares, shortage of mini-buses and vans, rude behaviour of the drivers and the conduc
The railway station intersection will be redesigned and modernised in the light of heavy volume of traffic. In a meeting, Madina Town Nazim Chaudhry Ali Akhtar said the traffic blockade at the railway station intersection had become an order of the day, a
More densely populated than Bangladesh, Malta has little room to house illegal immigrants. Even the newcomers, fleeing to Europe from war and poverty in Africa and Asia, know the island is approaching crisis point.
What went between the honourable members of the national assembly Kishan Bheel, PML(N), and Qari Gul Rehman MMA, the other day was most unfortunate. From what is reported in the press both seem to be at fault.
According to a news report (BR, December 9, 2005), House Building Finance Corporation is planning to open 100 more branches next year, in addition to their planned 50 representative offices. All these are said to be done to reach the lower income people i
Lefara Soro rests on a mound of rough cotton as the midday sun scorches his fields and says he knows nothing about the debate raging over subsidies paid by rich nations to his competitors half a world away.
"Pakistan has been, and will always remain, a strong exponent of promotion of nuclear technology. Some fifty years ago, we all began with the slogan "Atoms for peace". Let us now strive for exploiting this technology not only for peace, but for progress a
Salient features of a voluntary pensions schemes were unveiled at a seminar, organised by the Securities and Exchange Commission of Pakistan last Friday in Islamabad. This may be rightly described as a bold initiative which has the potential to strengthen
It is indeed a sad irony that while most of us bristle up at the slightest hint of America intervening in our internal affairs, as we should being a self-respecting independent nation like any other, some among us ask American diplomats to do just that wh
The Chief Justice of the Lahore High Court (LHC) has announced annual schedule for holidays of the courts in Punjab. According to a notification issued here, subordinate courts shall observe winter holidays from December 25, 2005 to 1st January 2006.
Karachi-based artist, social worker and human rights activist, Jimmy Engineer is organising an 'Awareness Programme for Special Children' in Lahore towards the end of January next.
The country's steel industry is in serious crisis and fast heading towards collapse owing to over import of finished and semi-finished steel products and government's recently announced liberal import policy.
Chairman Lahore Stock Exchange (LSE) Syed Asim Zafar has said that negative perception about the stock exchanges would continue to prevail till demutualisation of bourses and integration of the trading floor takes place.
Three people were killed in exchange of fire in nearby village Chak No 434 Abadi Fatehpur, here late Monday due to old enmity. According to details, some armed people were reached at residence of Tahir Iqbal and opened fire.
Pakistan Publishers and Booksellers Association has urged the government not to implement the decision of Ministry of Education regarding change in the educational year from March to August.
'Gems and Jewellery Sector Development Strategy' will be finalised and submitted to the government for approval by January-end. This was informed at a meeting on the gems and jewellery sector, held here with Technology Upgradation and Skill Development Co
Wapda Chief and Chairman National Transmission and Dispatch Company (NTDC), Tariq Hameed and Atif Bokhari, President of United Bank Limited (UBL), signed an agreement on Monday to provide a term loan of Rs 2 billion to NTDC for construction of a 500 KVA g
Muttahida Qaumi Movement (MQM), chief Altaf Hussain, while emphasising the need for developing consensus and removing doubts of the provinces on Kalabagh dam project, has asked the government not to take any decision on this project without developing nat
In Kohistan, the survivors are not content with the relief operation as according to them no body is paying attention to them for most of them being the tenants.
The United Nations said on Tuesday donations in response to its flash appeal for October 8 earthquake had recorded a considerable decline in December and warned it could affect the ongoing relief operation in coming months.
The Vice Chief of Army Staff, General Ahsan Saleem Hayat would leave for Kabul on Wednesday on a two-day official visit (December 14-15). He would lead the Pakistan delegation at the 14th meeting of the Pakistan-Afghanistan-US Tripartite Commission on Bor
Pakistan is in the midst of an economic upturn owing to its wide ranging structural reforms, prudent macro-economic policies, fiscal discipline and consistency and continuity in policies have transformed Pakistan into a stable and resurgent economy.
Pakistan and France have reiterated their mutual desire to further strengthen defence collaboration between the two countries particularly in the naval field.
Pakistan Telecommunication Authority chairman Major General Shahzada Alam Malik (Retd) has said telecommunication growth can be enhanced further by introducing new technologies and expansion of infrastructure.
Kashmiri leaders have demanded of the United Nations to take over the relief, rehabilitation and reconstruction operation in quake hit areas of Azad Jammu Kashmir to avert injustices being done by local authorities and administration during operation.
President Pakistan Muslim League Chaudhry Shujaat Hussain on Tuesday said time has come to take "bold and unpopular" steps in larger national interest.
A three-member bench of the Supreme Court on Tuesday declared second marriage without permission of the first wife illegal and an offence for which the man involved in such a case could be prosecuted according to the law.
The opposition on Tuesday threatened to lay down lives, if President General Pervez Musharraf went ahead with the construction of Kalabagh Dam without consensus among the federating units.
Vice Chief of Army Staff (VCoAS) General Ahsan Saleem Hyat on Tuesday hosted a reception for the allied and army aviation pilots and technicians who are taking part in the ongoing Operation Life Line in earthquake-hit areas of Azad Kashmir and NWFP.
The government faced great embarrassment in the National Assembly on Tuesday as a treasury member took it to task over suspension of electrification work in different villages of NWFP.
Chairman Senate Muhammadmian Soomro called on Prime Minister Shaukat Aziz at the Prime Minister House on Tuesday and discussed the Parliamentary Calendar of Senate, overall political situation in the country and other matters of national importance.
The rather longish sitting of the National Assembly on Tuesday was unique in many ways. Firstly, the House could take up the entire agenda for the day, an unprecedented development all the more, as it was private members' day.
The opposition in the National Assembly on Tuesday reiterated its demand of assigning the rehabilitation and reconstruction task to the civilian authorities in the earthquake-stricken areas.
European Union Member Bushell Matthews has said European Union is engaged in promoting a just resolution of the Kashmir issue. He was speaking at a function organised by Tehreek-e-Kashmir UK in Birmingham to observe the Human Rights Day.
Pakistan would import 600,000 tonnes of sugar to meet the increasing demands, said Sugarcane Commissioner Nazar Muhammad Baloch. Talking to Geo TV, he said the expected production of sugar in Sindh was 720,000 tonnes, while the cane production in the prov
Drummers and dancers greeted a Pakistani bus as it crossed into India on Tuesday in the latest step in a slow-moving peace process to establish stronger transport links between the nuclear rivals.
Myanmar has donated syringes and medicines valuing $200,000 for the victims of the October 8 earthquake. The Ambassador of Myanmar to Pakistan, U Maung Nyo, formally handed over the donation to M. Akhtar Tufail, Additional Secretary for Asia and Pacific R
Dozens of people received injuries when a severe earthquake measuring 6.7 on the Richter scale struck South Asia on Tuesday at 2:48am. Pakistan Meteorological Department director Chaudhry Ghulam Rasool said the epicentre was in the Hindu Kush mountains ab
Prime Minister Shaukat Aziz on Tuesday said the government attaches great importance to eradicating corruption as good governance was not possible without transparent formulation and implementation of policies.