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Dec 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-12-29
Holiday cheer lifts US consumers at year-end

Holiday cheer lifts US consumers at year-end

Americans said goodbye to 2005 on a more cheerful note, with consumer confidence and expectations for next year both picking up in December and holiday sales improving just before Christmas.
Published 29 Dec, 2005 12:00am
Taiwan stocks dip; UMC down

Taiwan stocks dip; UMC down

Taiwan shares fell on Wednesday, dragged down by heavyweight chip maker United Microelectronics Corp (UMC) after the company said it was considering delisting from the Taiwan Stock Exchange.
Published 29 Dec, 2005 12:00am
Malaysian shares flat

Malaysian shares flat

Malaysian share prices closed 0.12 percent higher in fairly quiet trade on Wednesday as many investors remained on the sidelines ahead of the New Year holiday, dealers said. The Kuala Lumpur Composite Index was up 1.04 points to 895.55.
Published 29 Dec, 2005 12:00am
Hong Kong stocks decline

Hong Kong stocks decline

Hong Kong stocks ended slightly lower on Wednesday, tracking a softer close in New York on Tuesday amid lower crude oil prices, with buying interest from a firmer Japanese market curbing a larger decline.
Published 29 Dec, 2005 12:00am
Nikkei finishes at new five-year high

Nikkei finishes at new five-year high

Japan's Nikkei share average rose 1.4 percent on Wednesday to end at a new five-year closing high as builders including Kajima Corp and property shares gained after data underscored the economy's strength.
Published 29 Dec, 2005 12:00am
Singapore shares slightly changed

Singapore shares slightly changed

Singapore share prices closed 0.13 percent higher on Wednesday with a slump in Singapore Telecommunications dragging on the market but with gains in selected properties, dealers said.
Published 29 Dec, 2005 12:00am
US Treasuries soar on growth worries, yield curve inverts

US Treasuries soar on growth worries, yield curve inverts

US Treasury debt prices rose for a third straight session and 10-year yields were pushed below two-year yields for the first time in five years possibly signalling US economic growth could slow in 2006.
Published 29 Dec, 2005 12:00am
US Treasuries soar on growth worries, yield curve inverts

US Treasuries soar on growth worries, yield curve inverts

US Treasury debt prices rose for a third straight session and 10-year yields were pushed below two-year yields for the first time in five years possibly signalling US economic growth could slow in 2006.
Published 29 Dec, 2005 12:00am
Jakarta shares up

Jakarta shares up

Indonesian share prices closed 0.21 percent higher on Wednesday in quiet trade ahead of the New Year holiday, dealers said. Financial markets will be closed on Friday.
Published 29 Dec, 2005 12:00am
Thai share prices close weaker

Thai share prices close weaker

Thai share prices closed 0.16 percent lower on Wednesday in line with a sharp fall on Wall Street, with investors staying on the sidelines ahead of the new year, dealers said. They said the market also declined on profit-taking of blue chips including ene
Published 29 Dec, 2005 12:00am
Philippines shares tumble

Philippines shares tumble

Philippines share prices closed 1.02 percent lower on Wednesday as investors locked in profits ahead of the New Year long weekend, dealers said.
Published 29 Dec, 2005 12:00am
Seoul stocks plunge on lower oil

Seoul stocks plunge on lower oil

Seoul shares closed lower on Wednesday for the first time in four sessions, as weaker oil prices hit refiners such as SK Corp while SK Telecom slid on year-end dividend payments.
Published 29 Dec, 2005 12:00am
Chinese shares rally

Chinese shares rally

China's shares inched 0.24 percent higher on Wednesday after the market's largest stock Sinopec said it received over $1 billion in compensation from Beijing for oil price restrictions.
Published 29 Dec, 2005 12:00am
US stocks fall as energy, retail shares lead drop

US stocks fall as energy, retail shares lead drop

US stocks fell on Tuesday as a drop in energy companies' shares dragged indexes down after crude prices retreated and a slide in online retailers helped drive the Nasdaq lower.
Published 29 Dec, 2005 12:00am
Swiss franc slightly firmer

Swiss franc slightly firmer

The Swiss franc strengthened slightly against the dollar on Wednesday as traders looked ahead to key Swiss data this week after a UBS indicator showed a rise in Swiss consumption for the third consecutive month.
Published 29 Dec, 2005 12:00am
Hong Kong dollar little changed

Hong Kong dollar little changed

The Hong Kong dollar was steady on Wednesday with trading confined to a narrow range in thin trade, but interbank rates were mixed. The local currency shuffled between 7.7534 and 7.7538 per US dollar during the session, little changed from 7.7535/37 in la
Published 29 Dec, 2005 12:00am
Yuan ends at post-reval high

Yuan ends at post-reval high

China's yuan closed at a post-revalution record high of 8.0725 to the dollar on Wednesday, climbing because of global weakness in the dollar, traders said.
Published 29 Dec, 2005 12:00am
Dollar steadies against yen, supported by yield gap

Dollar steadies against yen, supported by yield gap

The dollar steadied against the yen on Wednesday, keeping most of the previous day's gains thanks to its interest rate advantage, though many investors stood on the sidelines until the US currency's overall trend becomes clearer.
Published 29 Dec, 2005 12:00am
Dollar gains broadly in thin trade, yen falls

Dollar gains broadly in thin trade, yen falls

The dollar was broadly higher on Tuesday, posting steep gains against the yen, which slipped across the board as investors remained convinced Japan will continue near-zero interest rates for a long time to come.
Published 29 Dec, 2005 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 66.20-66.25 (previous 66.20-66.25) Call Money Rates: 7.00-14.75 percent (previous 7.00-14.75 percent).
Published 29 Dec, 2005 12:00am
Asian currencies: Philippine peso hits 2-1/2-year high

Asian currencies: Philippine peso hits 2-1/2-year high

The Philippine peso hit a 2-1/2-year high on Wednesday, underpinned by year-end inflows of remittances from Filipinos working overseas and expectations of a credit rating upgrade in the new year.
Published 29 Dec, 2005 12:00am
Botha summoned to Australia

Botha summoned to Australia

South Africa have summoned Johan Botha to Australia to add depth to their spin attack. "I'm not sure whether I'm going to be considered for the third Test, or whether I'm just going for the one-dayers," off-spinner Botha, who was scheduled to leave on Wed
Published 29 Dec, 2005 12:00am
Two more held in Vietnam football scandal

Two more held in Vietnam football scandal

Two more Vietnamese footballers were arrested Wednesday, bringing to four the number detained over allegations of match-fixing in the recent Southeast Asian games, an official said.
Published 29 Dec, 2005 12:00am
Razzaq falls sick

Razzaq falls sick

Pakistan all-rounder Abdul Razzaq was admitted to hospital Wednesday with high fever and a chest infection but said he hopes to be fit before the India series next month.
Published 29 Dec, 2005 12:00am
Pakistan looking at venue switch

Pakistan looking at venue switch

The venues for Pakistan's first two one-day internationals against India in February may be switched due to a shortage of security personnel.
Published 29 Dec, 2005 12:00am
Symonds and Hayden put Australia in command

Symonds and Hayden put Australia in command

Andrew Symonds and Matthew Hayden put Australia in control of the second Test with a 154-run lead over South Africa on the third day on Wednesday.
Published 29 Dec, 2005 12:00am
India splits team for match practice

India splits team for match practice

India's cricket chiefs on Wednesday ordered the national team to leave in two batches for next month's Pakistan tour to enable the entire squad to gain match practice.
Published 29 Dec, 2005 12:00am
Sri Lanka beat Pakistan in women's Asia Cup opener

Sri Lanka beat Pakistan in women's Asia Cup opener

Pakistan's women cricketers fought hard against Sri Lanka but lost by a narrow 14-run margin in the opening match of the Asia Cup at the National stadium on Wednesday. Chasing 179 to win, Pakistan needed 15 off the last over but lost their last wicket off
Published 29 Dec, 2005 12:00am
Sudan denies helping Chad rebels

Sudan denies helping Chad rebels

Sudan on Wednesday denied Chadian accusations it was supporting dissidents trying to oust President Idriss Deby and said an African Union summit would go ahead in Khartoum in January.
Published 29 Dec, 2005 12:00am
'Next 5 years key for Japan population fall'

'Next 5 years key for Japan population fall'

The next five years are crucial for Japan's efforts to halt a population decline that could threaten its economy, the cabinet minister in charge of the twin issues of gender equality and the falling birth rate said on Wednesday.
Published 29 Dec, 2005 12:00am
China to get tough on cellphone fraud, spam

China to get tough on cellphone fraud, spam

China will require all mobile phone subscribers to register using their real names next year, in a bid to curb rampant spam and growing fraud conducted over mobile services, the official Xinhua news agency said.
Published 29 Dec, 2005 12:00am
Hong Kong democrats draw comfort from Hu's comments

Hong Kong democrats draw comfort from Hu's comments

Hong Kong democrats looked on the bright side of Chinese President Hu Jintao's call for stable political reform on Wednesday, saying his decision not to slap them down in public meant there was room for dialogue.
Published 29 Dec, 2005 12:00am
Australian Muslims look to rein in extremist clerics

Australian Muslims look to rein in extremist clerics

Islamic clerics in Australia will have to register their credentials and adhere to a strict code of conduct under proposals put forward by a government-backed group of moderate Muslims to curb extremists.
Published 29 Dec, 2005 12:00am
Seven militants arrested in Bangladesh

Seven militants arrested in Bangladesh

Police in Bangladesh said on Wednesday that they had captured seven militants, including the top adviser to an outlawed Islamist group, and seized explosives over the past two days.
Published 29 Dec, 2005 12:00am
BJP hit by sex scandal

BJP hit by sex scandal

India's beleaguered main opposition Bharatiya Janata Party (BJP) has been dealt another blow, this time a scandal involving the alleged sexual high-jinks of an avowedly celibate official.
Published 29 Dec, 2005 12:00am
Expressway linking China with Asean opens

Expressway linking China with Asean opens

The first expressway linking China and a member of the Association of Southeast Asian Nations (Asean) opened to traffic Wednesday, significantly reducing travel time, state media said.
Published 29 Dec, 2005 12:00am
Blizzards bring travel chaos to Europe

Blizzards bring travel chaos to Europe

Europe shivered Wednesday in the grip of an icy cold snap, with France hardest hit by blizzards that left thousands of motorists stranded in sub-zero temperatures or forced into roadside shelters overnight.
Published 29 Dec, 2005 12:00am
Nine killed in Baghdad jail battle

Nine killed in Baghdad jail battle

At least nine prisoners and guards were killed in a gun battle at a Baghdad high-security jail on Wednesday after detained guerrilla suspects, some of them foreign, grabbed weapons and tried to flee, officials said.
Published 29 Dec, 2005 12:00am
EU launches Galileo satellite

EU launches Galileo satellite

The European Union launched its first Galileo navigation satellite on Wednesday, moving to challenge the United States' Global Positioning System (GPS).
Published 29 Dec, 2005 12:00am
Roadside bomb kills US soldier, Afghan

Roadside bomb kills US soldier, Afghan

Two soldiers, one an American and the other an Afghan, were killed on Wednesday in a roadside bomb attack in eastern Afghanistan that also wounded two US troops, a US military spokesman said.
Published 29 Dec, 2005 12:00am
Two Saudi militants die in shootout

Two Saudi militants die in shootout

Saudi police on Wednesday shot dead a militant suspected of killing five policemen in the kingdom's ultraconservative Muslim heartland a day earlier, the Saudi Interior Ministry said.
Published 29 Dec, 2005 12:00am
Beslan massacre probe blames Russian authorities

Beslan massacre probe blames Russian authorities

Negligence and incompetence by Russian police and officials contributed to the bloodbath at a school in the southern town of Beslan last year, the head of a parliamentary investigation said on Wednesday.
Published 29 Dec, 2005 12:00am
God sees embryos as full and complete humans: Pope

God sees embryos as full and complete humans: Pope

God sees embryos as "full and complete" humans, Pope Benedict said on Wednesday in an address that firmly underlined the Roman Catholic Church's stance against abortion and scientific research on embryos.
Published 29 Dec, 2005 12:00am
Austrian reaches South pole in record 33 days

Austrian reaches South pole in record 33 days

An Austrian adventurer, Wolfgang Melchior, has achieved the fasted unassisted trek to the South Pole, reaching it in a record 33 days, the Austrian Press Agency reported Wednesday.
Published 29 Dec, 2005 12:00am
22 die in bus-truck collision in India

22 die in bus-truck collision in India

At least 22 people, including three children, were killed when their bus collided with a truck carrying chemicals in India's western state of Gujarat on Wednesday, police said.
Published 29 Dec, 2005 12:00am
India tests nuclear-capable missile

India tests nuclear-capable missile

India successfully tested its nuclear-capable, short-range Dhanush ballistic missile Wednesday, defence officials said. The locally-developed missile, a naval version of the surface-to-surface Prithvi, was tested from a ship in the Bay of Bengal off the e
Published 29 Dec, 2005 12:00am
Israel declares 'no-go zone' in Gaza Strip

Israel declares 'no-go zone' in Gaza Strip

Israel shelled the northern Gaza Strip on Wednesday after the army warned Palestinians that it would declare a "no-go zone" to try to stop cross-border rocket fire by militants.
Published 29 Dec, 2005 12:00am
Indian rupee climbs

Indian rupee climbs

The rupee ended stronger on Wednesday, bouncing off early lows on the back of steady capital inflows into the local stock market and helped by the dollar's weakness against the euro.
Published 29 Dec, 2005 12:00am
Sterling hits two-month low versus euro

Sterling hits two-month low versus euro

Sterling fell to a two-month low against the euro after strong German data on Wednesday, shrugging off upbeat news on the UK property market and retail sector.
Published 29 Dec, 2005 12:00am
Euro rises in holiday-hit market

Euro rises in holiday-hit market

The euro rose nearly one percent on the day to one-week highs against the dollar on Wednesday after surprisingly strong German consumer sentiment data, but thin year-end volumes sharpened price moves.
Published 29 Dec, 2005 12:00am
US Stocks: Wednesday's unofficial close

US Stocks: Wednesday's unofficial close

US blue chip stocks edged up in thin volume on Wednesday as a gain of more than $1 a barrel in crude oil futures boosted energy stocks like Exxon Mobil Corp, while the Nasdaq dipped. Exxon Mobil shares gained 0.8 percent to $56.33 on the NYSE, helping sup
Published 29 Dec, 2005 12:00am
Britain's top share index hits 4-1/2 year high

Britain's top share index hits 4-1/2 year high

Britain's FTSE 100 share index scored its best close in nearly 4-1/2 years on Wednesday, with mining companies -- the star performers of the year so far -- continuing to rise as copper and gold prices gained.
Published 29 Dec, 2005 12:00am
Russia bans all meat coming through Ukraine

Russia bans all meat coming through Ukraine

Russia's Agricultural Ministry on Wednesday said it had banned all meat imports coming through Ukraine, saying its neighbour had failed to enforce basic veterinary norms.
Published 29 Dec, 2005 12:00am
Vietnam rice export ban to limit trade until February

Vietnam rice export ban to limit trade until February

Rice trade in Vietnam, the world's second-largest exporter after Thailand, is expected to remain slow until February due to a government ban on new export deals to ensure sufficient food supply, traders said.
Published 29 Dec, 2005 12:00am
Oil rises on uncertainty about Opec, weather

Oil rises on uncertainty about Opec, weather

Oil prices rose on Wednesday, supported by uncertainty about the weather over the coming months and expectations that Opec will cut output when it meets next month.
Published 29 Dec, 2005 12:00am
South Korea finds copper resource in Peru

South Korea finds copper resource in Peru

South Korea's LS-Nikko Copper Inc and state-run Korea Resources Corporation have discovered 400 million tonnes of copper resources in Peru, Seoul's energy ministry said on Wednesday.
Published 29 Dec, 2005 12:00am
New York cotton futures quietly up

New York cotton futures quietly up

Cotton futures settled marginally firmer Wednesday on speculative fund buying, but the market is seen trading in a band in front of the New Year holiday weekend, brokers said.
Published 29 Dec, 2005 12:00am
London sugar lower

London sugar lower

London white sugar futures closed lower on Wednesday, weakened by speculative profit-taking following the recent run-up to a nine-year high, traders said.
Published 29 Dec, 2005 12:00am
Shanghai copper steadies

Shanghai copper steadies

Shanghai copper futures closed up slightly on Wednesday, but showed signs of losing steam after reaching record highs in each of the previous four sessions, traders said.
Published 29 Dec, 2005 12:00am
Copper pares gains at LME

Copper pares gains at LME

Copper prices fell away during late afternoon trading on the London Metal Exchange (LME) as the market was unable to sustain new record highs hit above the $4,500 a tonne level earlier, traders said.
Published 29 Dec, 2005 12:00am
European gold jumps

European gold jumps

Gold rose two percent to touch a two-week high in thin European trade on Wednesday, with funds and investors seen pushing the market higher in the remaining days of the year, analysts said.
Published 29 Dec, 2005 12:00am
US MIDDAY: coffee rallies

US MIDDAY: coffee rallies

US coffee futures edged up Wednesday, with follow-through speculative buying and limited origin sales extending the benchmark contract's 7-week high reached in the previous session, market sources said.
Published 29 Dec, 2005 12:00am
US MIDDAY: cocoa moves up

US MIDDAY: cocoa moves up

US benchmark cocoa futures finished up 1.6 percent on Wednesday, lifted by speculative buying and a lack of producer sales in an otherwise quiet trading session, market sources said.
Published 29 Dec, 2005 12:00am
US MIDDAY: sugar mixed

US MIDDAY: sugar mixed

Raw sugar prices settled mixed Wednesday with small speculators giving nearby contracts a mild boost and most players betting the sweetener could rally on fund buying after the New Year holiday break, brokers said.
Published 29 Dec, 2005 12:00am
US MIDDAY: corn flat

US MIDDAY: corn flat

Corn futures at the Chicago Board of Trade were nearly flat early on Wednesday, with routine exports and plentiful stocks of feed grains acting as an anchor on the market, traders said.
Published 29 Dec, 2005 12:00am
US MIDDAY: wheat higher

US MIDDAY: wheat higher

Wheat futures on the Chicago Board of Trade were up at midsession on Wednesday, rising to fresh two-month highs on continued technical buying by commodity funds, traders said.
Published 29 Dec, 2005 12:00am
US MIDDAY: copper lower

US MIDDAY: copper lower

US copper futures were lower in subdued early trade Wednesday, with some light profit-taking seen after the market's recent run-up, although an ongoing threat of a strike at Chile's Codelco supported prices, sources said.
Published 29 Dec, 2005 12:00am
US MIDDAY: soya turns weak

US MIDDAY: soya turns weak

Chicago Board of Trade soyabean futures turned lower early Wednesday in thin, choppy holiday trading but there was some underpinning stemming from drier-than-desired crop weather in Argentina, traders said.
Published 29 Dec, 2005 12:00am
US MIDDAY: gold rallies

US MIDDAY: gold rallies

Gold futures in New York rallied to a two-week high early on Wednesday, propelled by fund and investor buying on the back of positive technicals and fundamentals, traders said.
Published 29 Dec, 2005 12:00am
Increase in gas prices slammed

Increase in gas prices slammed

The proposed rise in gas prices has come in for severe criticism from different groups of consumers in the country, reports UPP correspondent. The Chambers of Commerce and Industries all over the country have protested against the gas prices proposed incr
Published 29 Dec, 2005 12:00am
'Construction of roads to loot Baloch resources'

'Construction of roads to loot Baloch resources'

Baloch's basic point is to have control and access over their national wealth, resources, coast and right to rule. This was stated by Jamhoori Watan Party Chief Nawab Akbar Bugti while commenting on the comment of Mohtarma Asma Jahangir Chairperson Human
Published 29 Dec, 2005 12:00am
Pakistan wants IFC to go in a big way

Pakistan wants IFC to go in a big way

Pakistan government wants the International Finance Corporation (IFC) "to go in a big way" in the country. Pakistan, sources said on Monday, has vast room in housing mortgage and banking sector, etc.
Published 29 Dec, 2005 12:00am
SBP to facilitate exporters to utilise Kenya warehouses

SBP to facilitate exporters to utilise Kenya warehouses

The State Bank of Pakistan (SBP) has decided to facilitate exporters utilising Export Promotion Bureau's (EPB) Warehousing Scheme in Kenya. According to a statement issued by the SBP on Wednesday, this decision had been taken to encourage the said scheme
Published 29 Dec, 2005 12:00am
Financial benefits for KESC employees announced

Financial benefits for KESC employees announced

The new management of Karachi Electric Supply Corporation (KESC) has announced financial benefits for the employees and officers as motivational gesture with the pledge of better customer care.
Published 29 Dec, 2005 12:00am
Don't damn the dam

Don't damn the dam

The proposed Kalabagh Dam (KBD) is a requirement, which cannot be ignored and must be considered very seriously in the larger interest of the country.
Published 29 Dec, 2005 12:00am
PIA's Dubai service

PIA's Dubai service

PIA announced with a lot of fanfare, a series of flights to Dubai from Karachi. Attractive fares were offered along with 40 kgs of baggage.
Published 29 Dec, 2005 12:00am
Arabs divided over depth of 2005 changes

Arabs divided over depth of 2005 changes

Arabs from Egypt to Iraq have gone to the polls this year and protested in the streets of Cairo and Beirut. Western media said a region used to authoritarian rule was going through a democratic spring.
Published 29 Dec, 2005 12:00am
Developing trade in region through trans-shipment-I

Developing trade in region through trans-shipment-I

This paper examines trans-shipment as a means to derive maximum benefit from the economic growth in India and China. The focus is on the shipping industry of Pakistan and the development of inland routes to optimize the usage of the naturally available co
Published 29 Dec, 2005 12:00am
Welcome launch of Global Compact

Welcome launch of Global Compact

The chief executives of 52 members of the Employers' Federation of Pakistan signing a memorandum on December 22, marked the formal launch of the Global Compact Pakistan for a "New Code of Business and Industrial Relations in 21st Century".
Published 29 Dec, 2005 12:00am
Promoting research culture

Promoting research culture

Speaking at an international symposium in Islamabad on Wednesday, Prime Minister's Adviser on Science and Technology and Chairman of the Higher Education Commission (HEC), Dr Ataur Rehman emphasised the need for the promotion of a research culture in the
Published 29 Dec, 2005 12:00am
CDA approves plot for PVMC

CDA approves plot for PVMC

The Capital Development Authority has approved allotment of a plot to Pakistan Veterinary Medical Council (PVMC) in Islamabad, a CDA Director said on Wednesday. Measuring 100 x 14 square meters the plot is in what is known as "mauve area" of sector G-10/4
Published 29 Dec, 2005 12:00am
Picic's 43rd branch inaugurated

Picic's 43rd branch inaugurated

Lahore District Nazim Mian Amer Mahmood inaugurated 43rd branch of Pakistan Industrial Credit and Investment Corporation Limited (Picic) at Shah Alam Market here on Wednesday.
Published 29 Dec, 2005 12:00am
MMA seeks open debate on reservoirs in Parliament

MMA seeks open debate on reservoirs in Parliament

The provincial general council of Muttahida Majlis-e-Ammal (MMA) has expressed satisfaction over Wapda's point of view on various dams including Kalabagh dam, and resolved that there must be an open debate in the parliament and in-camera briefing on techn
Published 29 Dec, 2005 12:00am
WWF-P concerned over cutting of eucalyptus

WWF-P concerned over cutting of eucalyptus

World Wide Funds for Nature-Pakistan (WWF-P) has raised its concern over the cutting of mature eucalyptus in the park (managed by PHA) located opposite Liberty Market on the directives of Parks and Horticulture Authority (PHA) recently.
Published 29 Dec, 2005 12:00am
Qazi for consensus on construction of new dams

Qazi for consensus on construction of new dams

MMA President and Ameer Jamaat-e-Islami, Qazi Hussain Ahmad has said although new water reservoirs are inevitable for the country's economy, but every dam including Kalabagh dam must be constructed only after developing consensus of all the provinces.
Published 29 Dec, 2005 12:00am
Opposition alleges rigging in Naib Nazim polls

Opposition alleges rigging in Naib Nazim polls

Joint opposition has alleged that district Naib Nazim and town Naib Nazims elections were rigged, while the slot of district Naib Nazim was sold for Rs 50 million.
Published 29 Dec, 2005 12:00am
AJK Bank director

AJK Bank director

The government of Azad Jammu and Kashmir by its notification dated December 17 has appointed Sheikh Humayun Sayed, Chairman SMH Group of Companies, as Director on the Board of Directors of the Bank of Azad Jammu and Kashmir.
Published 29 Dec, 2005 12:00am
Call for projecting Islam in its true perspective

Call for projecting Islam in its true perspective

Punjab Education Minister, Mian Imran Masood has said the government was planning to bring religious seminaries into the mainstream of education to enable seminaries' students to get jobs in government and private sectors.
Published 29 Dec, 2005 12:00am
Merck Marker eyes Asean Markets

Merck Marker eyes Asean Markets

The Merck Marker (Pvt) Ltd Pakistan, a pharmaceutical firm having its production facility in Quetta, is eyeing new markets to expand its export business, and soon it will be entering the Myanmar (former Burma) market to broaden its business to Asean.
Published 29 Dec, 2005 12:00am
The Weather

The Weather

The weather report on Wednesday (December 28, 2005) and the forecast for Thursday (December 29, 2005).
Published 29 Dec, 2005 12:00am
Rulers stance on Kalabagh Dam decried

Rulers stance on Kalabagh Dam decried

Pakistan People's Party has alleged that the rulers were playing with fire by adopting rigid stance on the construction of Kalabagh dam, which the party claimed was tantamount to endangering the integrity and solidarity of the country.
Published 29 Dec, 2005 12:00am
New York cotton

New York cotton

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

Published 29 Dec, 2005 12:00am
Asif Ali Zardari criminal revision plea adjourned

Asif Ali Zardari criminal revision plea adjourned

The hearing of criminal revision application filed on behalf of Asif Ali Zardari, spouse of former prime minister Benazir Bhutto, impugning an order of trial court in Mir Murtaza Bhutto murder case was put off till Thursday by a bench of High Court of Sin
Published 29 Dec, 2005 12:00am
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