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Print - 2006-01-02
The Weather

The Weather

The weather report on Sunday (January 01, 2006) and the forecast for Monday (January 02, 2006).
Published 02 Jan, 2006 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 26 to 31, 2005).

Published 02 Jan, 2006 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited weekly market review of currency notes on Sunday (January 01, 2006).

Published 02 Jan, 2006 12:00am
Federer seeking third year of world domination

Federer seeking third year of world domination

Roger Federer is seeking a third year of world domination during 2006 which begins with his 100th successive week at number one and could finish with his place in the pantheon assured.
Published 02 Jan, 2006 12:00am
Strong women's draw in Auckland ahead of Australian Open

Strong women's draw in Auckland ahead of Australian Open

Slovakia's Daniela Hantuchova headlines one of the strongest fields ever assembled for the Auckland Women's Tennis Classic, which starts here on Monday and serves as a tune-up for the Australian Open.
Published 02 Jan, 2006 12:00am
Arthurs forced to withdraw

Arthurs forced to withdraw

Australian doubles speciaist Wayne Arthurs has been forced to pull out of the Hopman Cup mixed teams tournament here after tearing his right calf muscle, organisers said on Sunday.
Published 02 Jan, 2006 12:00am
Federer builds bridges in Doha title defence

Federer builds bridges in Doha title defence

Roger Federer will begin the New Year with a defence of the Qatar Open and by building bridges between Islam and the West here during the coming week.
Published 02 Jan, 2006 12:00am
Hopman Cup: US beats Serbia and Montenegro

Hopman Cup: US beats Serbia and Montenegro

The fourth-seeded United States was taken to the wire by a youthful mixed-doubles duo from Serbia and Montenegro here on Sunday before sneaking over the line for a 2-1 win in the Hopman Cup tournament.
Published 02 Jan, 2006 12:00am
Moya guns for hat-trick at Chennai Open

Moya guns for hat-trick at Chennai Open

Carlos Moya of Spain is in line to annex his third consecutive title in the 400,000-dollar ATP Chennai Open starting at the Nungambakkam stadium here on Monday.
Published 02 Jan, 2006 12:00am
Tiger Woods' birthday buy - a $40 million estate

Tiger Woods' birthday buy - a $40 million estate

Tiger Woods, who celebrated his 30th birthday on Friday, has agreed to buy a 10-acre oceanfront estate on Jupiter Island, Florida, for 40 million dollars, the Palm Beach Post reported.
Published 02 Jan, 2006 12:00am
Ricky Ponting chalks up another hundred

Ricky Ponting chalks up another hundred

Australia captain Ricky Ponting celebrates his 100th test appearance in the third and final Test against South Africa starting at the Sydney Cricket Ground on Monday.
Published 02 Jan, 2006 12:00am
Ganguly's fate in focus on Pakistan tour

Ganguly's fate in focus on Pakistan tour

India's tour of Pakistan, which starts this week, could decide the future of former captain Saurav Ganguly. Ever since the 33-year-old left-hander was recalled into the test team for the tour, he has been the centre of attention and a target for critics.
Published 02 Jan, 2006 12:00am
Pressure off Proteas: Smith

Pressure off Proteas: Smith

South Africa may be one down in the Test series with one match to play, but Proteas' captain Graeme Smith says all the pressure is on Australia.
Published 02 Jan, 2006 12:00am
Factbox on Ponting

Factbox on Ponting

Factbox on Australia captain Ricky Ponting who makes his 100th test appearance in the third Test against South Africa starting at the Sydney Cricket Ground on Monday.
Published 02 Jan, 2006 12:00am
India are favourites for series: Inzamam

India are favourites for series: Inzamam

Pakistani skipper Inzamamuln Haq on Sunday tipped India as favourites in the forthcoming Test series, saying a home advantage and Pakistan's recent series win over England would count for little.
Published 02 Jan, 2006 12:00am
Later bedtime after meal may ease heartburn

Later bedtime after meal may ease heartburn

If you suffer from acid reflux disease, you may be going to bed too soon after your evening meal. A shorter dinner-to-bed interval is significantly associated with an increased risk of gastro-esophageal reflux disease, or GERD, according to researchers in
Published 02 Jan, 2006 12:00am
'Pakistan's performance in green revolution best in South Asia'

'Pakistan's performance in green revolution best in South Asia'

Robert E. Evenson, Professor, Department of Economics, Yale University, USA said, on December 21 Pakistan's overall performance in adopting Green Revolution was best in South Asia. "Pakistan has been successful in achieving Green Revolution in wheat and r
Published 02 Jan, 2006 12:00am
Fish oil curbs heart trouble linked to pollution

Fish oil curbs heart trouble linked to pollution

Daily supplementation with omega-3 fatty acid (fish oil) prevents a potentially-deadly decline in heart rate variability (HRV) associated with exposure to indoor air pollution, researchers from the US and Canada report.
Published 02 Jan, 2006 12:00am
Christmas trees offer defence against bird flu

Christmas trees offer defence against bird flu

Canadian drug maker has found a use for some 500,000 discarded Christmas trees, announcing plans to extract a key ingredient in the manufacture of avian influenza antiviral drugs from their needles.
Published 02 Jan, 2006 12:00am
HEALTH UPDATE: protect your ears limit iPod use

HEALTH UPDATE: protect your ears limit iPod use

The ever-popular earbuds used with many iPods and other MP3 players may be more stylish than the bigger and bulkier earmuff-type headphones, but they may also be more damaging to one's hearing, according to a North-western professor.
Published 02 Jan, 2006 12:00am
Thai TAC users up 32 percent

Thai TAC users up 32 percent

Total Access Communication PCL (TAC), Thailand's second-largest mobile phone firm, said on December 23 that its net new subscribers rose 32 percent in November due to marketing campaigns.
Published 02 Jan, 2006 12:00am
Thai TAC users up 32 percent

Thai TAC users up 32 percent

Total Access Communication PCL (TAC), Thailand's second-largest mobile phone firm, said on December 23 that its net new subscribers rose 32 percent in November due to marketing campaigns.
Published 02 Jan, 2006 12:00am
Saudi telecom stops SMS voting

Saudi telecom stops SMS voting

Saudi mobile operator Mobily has stopped users from text message voting for an Arab "Star Academy" competition because of an Islamic decree branding the reality show immoral, the company said on December 26.
Published 02 Jan, 2006 12:00am
Telkom to review overseas listings

Telkom to review overseas listings

Indonesia's largest telecommunications company, PT Telekomunikasi Indonesia Tbk, will review its share listings in New York and London due to high costs, its president said on December 21.
Published 02 Jan, 2006 12:00am
Telkom to review overseas listings

Telkom to review overseas listings

Indonesia's largest telecommunications company, PT Telekomunikasi Indonesia Tbk, will review its share listings in New York and London due to high costs, its president said on December 21.
Published 02 Jan, 2006 12:00am
Nokia sees 3G handset sales doubling in 2006

Nokia sees 3G handset sales doubling in 2006

Nokia expects good growth in third generation (3G) mobile handset sales next year with global volumes set to double, Chief Financial Officer Rick Simonson said on Friday.
Published 02 Jan, 2006 12:00am
Nokia sees 3G handset sales doubling in 2006

Nokia sees 3G handset sales doubling in 2006

Nokia expects good growth in third generation (3G) mobile handset sales next year with global volumes set to double, Chief Financial Officer Rick Simonson said on Friday.
Published 02 Jan, 2006 12:00am
Microsoft Windows most vulnerable to hackers, malwares

Microsoft Windows most vulnerable to hackers, malwares

A vulnerability has been discovered in Microsoft Windows that allows hackers to remotely access PCs and install malware through an imaging-handling technology in the operating system.
Published 02 Jan, 2006 12:00am
Online greetings gradually replacing paper cards

Online greetings gradually replacing paper cards

Some years back, paper greeting cards were the traditional and most accustomed means of expressing one's wishes to his/her friends and relatives on different special occasions including New Years, Eids, Valentines Day, etc.
Published 02 Jan, 2006 12:00am
Telekom buys stake in Samart

Telekom buys stake in Samart

Thai telecoms group Samart Corp PCL said on December 23 that it sold a 24.42 percent stake in its mobile phone distribution unit to TM International Sdn Bhd, an oversees investment unit of Telekom Malaysia.
Published 02 Jan, 2006 12:00am
Telekom buys stake in Samart

Telekom buys stake in Samart

Thai telecoms group Samart Corp PCL said on December 23 that it sold a 24.42 percent stake in its mobile phone distribution unit to TM International Sdn Bhd, an oversees investment unit of Telekom Malaysia.
Published 02 Jan, 2006 12:00am
India's Wipro to buy NewLogic for $56 million

India's Wipro to buy NewLogic for $56 million

Wipro Ltd, India's No 3 software service exporter, said on December 29 that it has signed an agreement to buy privately-held Austrian chip-design firm, NewLogic, for 47 million euros ($56 million) in an all-cash deal.
Published 02 Jan, 2006 12:00am
Philips to write off $500 million

Philips to write off $500 million

Dutch Philips Electronics said on December 21 that it will take a 418 million euros ($500 million) non-cash charge for its cathode-ray tube joint venture LG.Philips Displays.
Published 02 Jan, 2006 12:00am
Philips to write off $500 million

Philips to write off $500 million

Dutch Philips Electronics said on December 21 that it will take a 418 million euros ($500 million) non-cash charge for its cathode-ray tube joint venture LG.Philips Displays.
Published 02 Jan, 2006 12:00am
Turkcell to pay Turk Telekom debt early

Turkcell to pay Turk Telekom debt early

Turkey's biggest mobile phone operator Turkcell said on December 22 it had decided to pay outstanding debt to fixed-line carrier Turk Telekom after making an early payment this month for its 2006 debt.
Published 02 Jan, 2006 12:00am
Barclays beats rivals, adds most money in November

Barclays beats rivals, adds most money in November

Barclays Global Investors took in the largest amount of new money to mutual funds in November as investors snapped up the company's internationally oriented exchange traded funds (ETFs), data released on December 27 show.
Published 02 Jan, 2006 12:00am
Barclays beats rivals, adds most money in November

Barclays beats rivals, adds most money in November

Barclays Global Investors took in the largest amount of new money to mutual funds in November as investors snapped up the company's internationally oriented exchange traded funds (ETFs), data released on December 27 show.
Published 02 Jan, 2006 12:00am
Retailers see payoff from tougher return rules

Retailers see payoff from tougher return rules

Before bringing back that itchy, brown sweater or that not-quite-state-of-the-art laptop computer, consumers this year should check to see what returning it to the store will cost them.
Published 02 Jan, 2006 12:00am
Buba aftershock from Deutsche Bank property fund limited

Buba aftershock from Deutsche Bank property fund limited

The fallout on German banks from Deutsche Bank's decision to freeze a troubled 6-billion-euro ($7.1 billion) property fund this month is limited, Bundesbank board member Edgar Meister said in a newspaper interview on December 27 .
Published 02 Jan, 2006 12:00am
Daimler to sell MTU diesel motor unit to EQT

Daimler to sell MTU diesel motor unit to EQT

Daimler Chrysler is selling its heavy motor unit MTU Friedrichshafen to Swedish buyout firm EQT, the world's fifth-biggest carmaker said on December 28 .
Published 02 Jan, 2006 12:00am
NASD collects record $125 million in fines in 2005

NASD collects record $125 million in fines in 2005

The NASD on December 27 said, it collected a record $125.4 million of disciplinary fines this year, 21 percent more than in 2004, for violations including abuses in sales of mutual funds and variable annuities.
Published 02 Jan, 2006 12:00am
NASD collects record $125 million in fines in 2005

NASD collects record $125 million in fines in 2005

The NASD on December 27 said, it collected a record $125.4 million of disciplinary fines this year, 21 percent more than in 2004, for violations including abuses in sales of mutual funds and variable annuities.
Published 02 Jan, 2006 12:00am
China sees 200 billion yuan corporate ABS market

China sees 200 billion yuan corporate ABS market

China's market for corporate asset-backed securities (ABS) will hit 200 billion yuan ($24.8 billion) within two years, officials from the securities regulator said in remarks published on December 28.
Published 02 Jan, 2006 12:00am
China sees 200 billion yuan corporate ABS market

China sees 200 billion yuan corporate ABS market

China's market for corporate asset-backed securities (ABS) will hit 200 billion yuan ($24.8 billion) within two years, officials from the securities regulator said in remarks published on December 28.
Published 02 Jan, 2006 12:00am
Money laundering booms as tax cheats target UAE

Money laundering booms as tax cheats target UAE

Money laundering is flourishing in the United Arab Emirates where fraudsters can pull off complex tax scams or buy speed boats with paper bags of cash with relative ease, officials say.
Published 02 Jan, 2006 12:00am
Money laundering booms as tax cheats target UAE

Money laundering booms as tax cheats target UAE

Money laundering is flourishing in the United Arab Emirates where fraudsters can pull off complex tax scams or buy speed boats with paper bags of cash with relative ease, officials say.
Published 02 Jan, 2006 12:00am
Some insurers to benefit from inverted yield curve

Some insurers to benefit from inverted yield curve

While an inverted yield curve is a warning of recession, it will likely increase the profits of property-casualty insurers as their investments climb. It could hurt life insurers, though.
Published 02 Jan, 2006 12:00am
Indian banks to weather storm in volatile 2006

Indian banks to weather storm in volatile 2006

Banking shares could outperform India's main index in 2006, a year which could be volatile for equities as overall corporate earnings growth slows, a fund manager said late on December 27.
Published 02 Jan, 2006 12:00am
Indian banks to weather storm in volatile 2006

Indian banks to weather storm in volatile 2006

Banking shares could outperform India's main index in 2006, a year which could be volatile for equities as overall corporate earnings growth slows, a fund manager said late on December 27.
Published 02 Jan, 2006 12:00am
Philippines shares expected to consolidate

Philippines shares expected to consolidate

Philippines share prices are expected to consolidate in the first week of the new year as investors test the market for signs of what lies ahead, dealers said.
Published 02 Jan, 2006 12:00am
Thai shares seen rising this week

Thai shares seen rising this week

Thai share prices are likely to rise this week as foreign investors return to the market after the New Year holiday amid growing optimism over the kingdom's economy, analysts said.
Published 02 Jan, 2006 12:00am
Taiwan shares may extend gains

Taiwan shares may extend gains

Taiwan share prices are expected to extend gains this week on the back of ample liquidity, with the electronic sector in focus as improving investor confidence continues to support a strong market recovery which started in October, dealers said.
Published 02 Jan, 2006 12:00am
Tokyo stocks set for subdued start to 2006

Tokyo stocks set for subdued start to 2006

Japanese shares are set for a subdued start to 2006 next week with many investors away on holiday but prospects for the coming year are bright as an economic recovery gains traction, dealers said.
Published 02 Jan, 2006 12:00am
Malaysian shares seen trading sideways

Malaysian shares seen trading sideways

Malaysian share prices are expected to trade sideways in the coming week in the absence of new leads, which will keep investors sidelined, dealers said.
Published 02 Jan, 2006 12:00am
Singapore shares expected to remain strong

Singapore shares expected to remain strong

Singapore shares are expected to hold strong going into the new year, with most dealers optimistic about the market outlook. Brokerage firm Citigroup Smith Barney is forecasting the benchmark Straits Times Index to hit the 2,600 points level in 2006, give
Published 02 Jan, 2006 12:00am
UK investors seek New Year boost

UK investors seek New Year boost

The British stock market will look this week to extend gains during the first week of 2006, with many investors returning from their Christmas and New Year holidays.
Published 02 Jan, 2006 12:00am
Bangladesh interbank forex and interest rates

Bangladesh interbank forex and interest rates

Bangladesh interbank buy/sell rates for the taka against the dollar on Sunday. 66.20 (previous 66.20-66.25). Call Money Rates: 11.00-17.50 percent (previous 7.50-15.75 percent).
Published 02 Jan, 2006 12:00am
Australian stocks to start 2006 quietly

Australian stocks to start 2006 quietly

Australian share prices are expected to make a flat start to the New Year this week, with little news to excite investors as the seasonal lull continues, dealers said.
Published 02 Jan, 2006 12:00am
Churchill willing to Let Gandhi die

Churchill willing to Let Gandhi die

Winston Churchill, Britain's World War II prime minister, was prepared to let Indian independence leader Mahatma Gandhi starve to death if he went on hunger strike while interned during the war, archives released in London showed Sunday.
Published 02 Jan, 2006 12:00am
Camilla missed from New Year royal prayers

Camilla missed from New Year royal prayers

An Anglican clergyman surprised British royal-watchers Sunday when he failed to mention Prince Charles's new wife Camilla in prayers at a New Year's Day church service attended by Queen Elizabeth II.
Published 02 Jan, 2006 12:00am
Ahmadinejad's assets: a 30-year-old car

Ahmadinejad's assets: a 30-year-old car

Iran's hard-line President Mahmoud Ahmadinejad has an empty bank account and a 30-year-old car, according to a list of his worldly possessions published in the local press on Sunday.
Published 02 Jan, 2006 12:00am
Car bombs, fuel riots usher in New Year in Iraq

Car bombs, fuel riots usher in New Year in Iraq

Fuel riots and more than a dozen car bombs greeted the New Year in Iraq Sunday as relatives celebrated the release of one Cypriot and five Sudanese hostages by their captors.
Published 02 Jan, 2006 12:00am
Death toll in Indian cold snap tops 100

Death toll in Indian cold snap tops 100

A cold snap sweeping northern India has killed another five homeless people, taking the toll to 101 since the start of December, officials said Sunday.
Published 02 Jan, 2006 12:00am
CIA may need decade to rebuild clandestine service

CIA may need decade to rebuild clandestine service

A former CIA counterterrorism officer who tracked Osama bin Laden through the mountains of Afghanistan says the US spy agency could need a decade to build up its clandestine service for the US war on terrorism.
Published 02 Jan, 2006 12:00am
Syria ruling party expels former vice president

Syria ruling party expels former vice president

Syria's ruling Baath party said Sunday it had expelled former vice president Abdel Halim Khaddam, who has implicated the regime in the murder of Lebanese ex-premier Rafiq Hariri.
Published 02 Jan, 2006 12:00am
Fires destroy homes in Australia

Fires destroy homes in Australia

Raging bushfires destroyed at least 10 homes and threatened scores more in south-east Australia as a scorching heatwave hit Sydney with its hottest New Year's Day on record. Temperatures soared up to 47 degrees Celsius as hundreds of fire-fighters backed
Published 02 Jan, 2006 12:00am
Palestinian fighters end truce

Palestinian fighters end truce

Palestinian fighters added to the turmoil in the Gaza Strip on Sunday by kidnapping an Italian peace activist briefly and detonating explosives at the UN's beachfront social club after ending a yearlong truce.
Published 02 Jan, 2006 12:00am
New EU president wants to give 'momentum' to Europe

New EU president wants to give 'momentum' to Europe

Austria Sunday began on a musical note its six-month presidency of the European Union, to which it wants to bring "new momentum" by trying to reopen the debate on the constitution and growth and to guide future enlargement.
Published 02 Jan, 2006 12:00am
Mother and five children burnt alive

Mother and five children burnt alive

A mother and her five children were burnt to death Sunday when their house was set ablaze in eastern India after they refused to withdraw a case over the theft of a water buffalo, police said.
Published 02 Jan, 2006 12:00am
Iran probes reported kidnapping of soldiers

Iran probes reported kidnapping of soldiers

Iranian border officials are investigating a television report that several of its soldiers have been kidnapped by a group in the south-east of the country, the foreign ministry said Sunday.
Published 02 Jan, 2006 12:00am
Call to make investments in education and media

Call to make investments in education and media

Speakers at a seminar on 'Islamic World at Cross Road-Challenges and Response' here on Sunday, called for unity among the Muslims and urged upon the ummah to concentrate on education, gaining strength in military and economic fields so as to meet the pres
Published 02 Jan, 2006 12:00am
Futures contracts swapped smoothly

Futures contracts swapped smoothly

The futures contract counter at Karachi Stock Exchange (KSE) witnessed smooth swapping, and per trend nearly 51 percent transaction was transferred to January contract, easing the situation. In the derivatives market, the transition from December to Janua
Published 02 Jan, 2006 12:00am
Futures contracts swapped smoothly

Futures contracts swapped smoothly

The futures contract counter at Karachi Stock Exchange (KSE) witnessed smooth swapping, and per trend nearly 51 percent transaction was transferred to January contract, easing the situation. In the derivatives market, the transition from December to Janua
Published 02 Jan, 2006 12:00am
Futures contracts swapped smoothly

Futures contracts swapped smoothly

The futures contract counter at Karachi Stock Exchange (KSE) witnessed smooth swapping, and per trend nearly 51 percent transaction was transferred to January contract, easing the situation. In the derivatives market, the transition from December to Janua
Published 02 Jan, 2006 12:00am
Chinese liver transplant surgeons to visit Pakistan

Chinese liver transplant surgeons to visit Pakistan

A team of Chinese liver transplant surgeons will visit Islamabad soon to attend a conference on liver disease and discuss with their Pakistani counterparts the latest developments in the relevant medical field.
Published 02 Jan, 2006 12:00am
Jail reforms in Sindh

Jail reforms in Sindh

I detest the very concept of prison because it provokes hatred as it usurps the human freedom and confines the people within four walls day in and day out. But, we cannot ignore the fact that criminals and offenders of law must not go scot-free. They dese
Published 02 Jan, 2006 12:00am