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Print - 2006-03-07
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 07 Mar, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 07 Mar, 2006 12:00am
Progress of payment to quake victims reviewed

Progress of payment to quake victims reviewed

Minister of State for Finance Omar Ayub Khan has directed the banks to reduce time for opening of accounts and encashment of cheques of earthquake affectees. He gave these directions in a meeting here on Monday with senior representatives of banks includi
Published 07 Mar, 2006 12:00am
Pace of power meters supply reviewed

Pace of power meters supply reviewed

A meeting between officials of Punjab Agriculture department and Wapda was held here on Monday to review the pace of supply of electric meters to farmers on subsidised rates.
Published 07 Mar, 2006 12:00am
Oil cake market rates

Oil cake market rates

Futures posted fresh gain on the forward cottonseed oilcake market on Monday due to increased purchasing to meet the future needs, they said. The March vaida opened unchanged at Rs 485.00.
Published 07 Mar, 2006 12:00am
Prices fall as TCP enters into market

Prices fall as TCP enters into market

Prices started showing downfall in the cotton market on Monday with the entry of the Trading Corporation Pakistan (TCP) to dispose of cotton from its unsold stock, dealers said.
Published 07 Mar, 2006 12:00am
Bulgaria cuts wheat estimate

Bulgaria cuts wheat estimate

Bulgaria's agriculture ministry said on Monday that bad weather and delayed sowings would cut the 2006 wheat harvest to 2.8-3.0 million tonnes, compared with 3.46 million in 2005.
Published 07 Mar, 2006 12:00am
Irri white lower on grain market

Irri white lower on grain market

Thin business was seen on the grain market on Monday as the main participants remained on the sidelines due to satisfactory position on the supply side, dealers said.
Published 07 Mar, 2006 12:00am
Ivorian cocoa arrivals seen rising

Ivorian cocoa arrivals seen rising

This season's cocoa arrivals at Ivory Coast's ports reached around 887,000 tonnes by March 5 as the main crop continued to slow despite firm prices, but hopes are rising for a strong mid-crop, exporters said on Monday.
Published 07 Mar, 2006 12:00am
Brazilian coffee set for further favourable rains

Brazilian coffee set for further favourable rains

Brazil's coffee belt will have further rain this week as a cold front moves northward, private forecaster Somar said on Monday. The key south Minas coffee area, which has already had some 70 millimeters (2.8 inches) of rain this month, will have another 5
Published 07 Mar, 2006 12:00am
Japan's last gold mine shines as bullion rallies

Japan's last gold mine shines as bullion rallies

A treasure worth nearly $3 billion lies buried beneath the rice paddies and rolling hills near this sleepy little southern Japanese town. But the company operating Japan's last gold mine says it is in no rush to increase production, even after bullion pri
Published 07 Mar, 2006 12:00am
Thai importers buy Argentine soyameal

Thai importers buy Argentine soyameal

Thai importers have bought Argentine soyameal for shipment in March and April, but are not in a hurry to buy more because of bird flu concerns, traders said on Monday.
Published 07 Mar, 2006 12:00am
Vietnam grows more sugar cane as prices rise

Vietnam grows more sugar cane as prices rise

Rising sugar cane prices in Vietnam have prompted Mekong Delta farmers to shift to growing cane from tending Logan farms or shrimp ponds, officials said on Monday, amid forecasts that the country would be short at least 200,000 tonnes of sugar this year.
Published 07 Mar, 2006 12:00am
China to shut small steel mills, urge mergers

China to shut small steel mills, urge mergers

Beijing will shut small steel mills and encourage big and mid-sized domestic mills to merge, but would not look as kindly at acquisitions by foreign producers, a senior industry official told Reuters on Sunday.
Published 07 Mar, 2006 12:00am
ONIC to raise French maize stocks

ONIC to raise French maize stocks

French grains office ONIC will this week raise its estimate of the country's end-season maize stocks on lower sales to other European Union members and a drop in feed usage due to bird flu, traders said on Monday.
Published 07 Mar, 2006 12:00am
HRW wheat bids steady to firmer

HRW wheat bids steady to firmer

Spot basis bids for hard red winter wheat were steady to firmer on Monday, with wheat demand noted in some spot locations but the market maintaining a largely lacklustre tone, merchants said.
Published 07 Mar, 2006 12:00am
US Midwest bids for soya and corn mostly unchanged

US Midwest bids for soya and corn mostly unchanged

Spot basis bids for soyabeans and corn were mostly unchanged around the US Midwest early on Monday but a downturn in overnight futures trading was expected to erode cash prices and chill prospects for farmer sales, grain dealers said.
Published 07 Mar, 2006 12:00am
Singapore bunker fuel prices lower

Singapore bunker fuel prices lower

Singapore bunker prices were lower on Monday with the differential to cargo values falling to a slight discount, as sellers undercut each to attract buying interest, traders said.
Published 07 Mar, 2006 12:00am
Pacific Basin Shipping year net profit up 42 percent

Pacific Basin Shipping year net profit up 42 percent

Asia-focused bulk shipping line Pacific Basin Shipping Ltd said on Monday that its 2005 net profit rose 42 percent amid robust regional trade, although weaker freight rates dampen the near-term outlook.
Published 07 Mar, 2006 12:00am
NOL sees first drop in cargo in 30 months

NOL sees first drop in cargo in 30 months

Neptune Orient Lines, the world's sixth-biggest container liner, in January recorded the first decline in the number of containers carried on its ships in two-and-a-half years in the latest sign that the shipping industry is heading for a downturn.
Published 07 Mar, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 140,649 tonnes of cargo including 105,245 tonnes import and 35,404 tonnes export cargo including 1,238 containers during last 48 hours ending at 0700 hours on Monday.
Published 07 Mar, 2006 12:00am
South Korea buys Chinese rice

South Korea buys Chinese rice

South Korea's state-run Agricultural and Fishery Marketing Corporation said on Monday it had bought 12,767 tonnes of Chinese milled rice via a tender closed last week.
Published 07 Mar, 2006 12:00am
Copper softer as weak charts in focus after strike

Copper softer as weak charts in focus after strike

Copper futures edged lower on Monday as concerns over supplies eased after the end of a strike at producer Grupo Mexico last week, which spurred sporadic selling based on deteriorating technical sentiment.
Published 07 Mar, 2006 12:00am
Tokyo gold rebounds from lows on healthy charts

Tokyo gold rebounds from lows on healthy charts

Tokyo gold futures rebounded from losses on Monday as the yen's steep falls, the recent strength in oil prices and strong dollar-based prices led to short-covering by funds and retail investors on dips.
Published 07 Mar, 2006 12:00am
Silver in Asia lower after rally, gold firmer

Silver in Asia lower after rally, gold firmer

Silver edged down on Monday, lacking impetus to repeat last week's rally to its highest in more than 22 years as investors turned their attention to gold again.
Published 07 Mar, 2006 12:00am
Alcotexa sells cotton in week

Alcotexa sells cotton in week

The Alexandria Cotton Exporters' Association (Alcotexa) said on Monday it committed to sell 403 tonnes of cotton in the week ended March 4. Alcotexa figures showed sales of 25 tonnes of Giza 70, 88 tonnes of Giza 88, 242 tonnes of Giza 86 and 48 tonnes of
Published 07 Mar, 2006 12:00am
Oil up ahead of Iran atomic meet, eyes on Nigeria

Oil up ahead of Iran atomic meet, eyes on Nigeria

Oil prices edged up to their highest level in a month on Monday as traders braced for Iran's reaction to the UN atomic watchdog's meeting later in the day and absorbed renewed militant threats in Nigeria.
Published 07 Mar, 2006 12:00am
Kenya revises coffee output

Kenya revises coffee output

Kenya projects its coffee output to be 52,000 tonnes in 2005/06 (October-September) season if rains on the drought-stricken land keep falling, the Coffee Board of Kenya (CBK) said on Monday.
Published 07 Mar, 2006 12:00am
Good crops boost Indian oilmeal sales

Good crops boost Indian oilmeal sales

India's oilmeal exports in the year to March 2006 are estimated to exceed a record 4 million tonnes, sharply up from 2.69 million tonnes a year ago, the Solvent Extractors' Association of India said on Monday.
Published 07 Mar, 2006 12:00am
Australia groups in wheat talks with AWB

Australia groups in wheat talks with AWB

New Australian wheat exporters are negotiating prices to buy wheat from AWB Ltd and will then negotiate sale prices for export to Iraq, said a spokesman for three companies appointed to deal with Iraq.
Published 07 Mar, 2006 12:00am
Malaysian palm oil down on technical selling

Malaysian palm oil down on technical selling

Malaysian crude palm oil futures ended down on Monday due to technical selling, dealers said. In Kuala Lumpur, the benchmark third-month May crude palm oil contract on Bursar Malaysia Derivatives ended down 14 ringgit at 1,474 ringgit a tonne ($398.3), af
Published 07 Mar, 2006 12:00am
Wheat dips in Asian markets

Wheat dips in Asian markets

Wheat futures at the Chicago Board of Trade fell on Monday in Asian trade on continued bird flu fears and forecasts for rain in the United States after closing higher last week on drought concerns for the US Plains winter wheat crop.
Published 07 Mar, 2006 12:00am
Indian wheat futures rise

Indian wheat futures rise

Indian wheat futures rose on Monday as rains disrupted arrivals in the central region while soyaoil fell on a surge in supplies of rapeseed, the summer season's main oilseed crop.
Published 07 Mar, 2006 12:00am
Asian rubber: tyre grade falls despite tight supply

Asian rubber: tyre grade falls despite tight supply

Prices of tyre-grade rubber dropped in Asia on Monday as selling persisted in Japanese futures, but tight supply in main producer Thailand may offer some support in coming days.
Published 07 Mar, 2006 12:00am
Villepin faces protests over jobs plan, merger

Villepin faces protests over jobs plan, merger

French Prime Minister Dominique de Villepin faces nation-wide protests on Tuesday that are set to highlight growing opposition to a youth job plan and trade unions' concerns over a state-backed merger of two energy firms.
Published 07 Mar, 2006 12:00am
Bird flu spreads to Poland, infects cats in Austria

Bird flu spreads to Poland, infects cats in Austria

Avian flu extended its spread across Europe as Poland confirmed on Monday that two dead swans had the virulent H5N1 virus and Austria reported that several cats had been infected.
Published 07 Mar, 2006 12:00am
Saudi Arabia, Iran and Kuwait see no oil output cut

Saudi Arabia, Iran and Kuwait see no oil output cut

Top oil exporters Saudi Arabia, Iran and Kuwait said on Monday that Opec was unlikely to cut output when it meets this week, despite lingering concerns about second quarter oversupply.
Published 07 Mar, 2006 12:00am
General Motors to slash stake in Suzuki

General Motors to slash stake in Suzuki

General Motors said Monday it will slash its stake in Japan's Suzuki Motor to just three percent but continue with a strategic alliance as the ailing US auto giant struggles to return to profit.
Published 07 Mar, 2006 12:00am
AT&T agrees to buy BellSouth for $67 billion

AT&T agrees to buy BellSouth for $67 billion

AT&T Inc said on Sunday it would buy BellSouth Corp for $67 billion to acquire the rest of Cingular Wireless it does not already own, and expand into the south-eastern United States to gain heft to battle growing competition from cable television and Inte
Published 07 Mar, 2006 12:00am
China reform agenda seen under ideological cloud

China reform agenda seen under ideological cloud

China's economic progress is being threatened by ideological rifts and bureaucratic profiteering, a senior official economist said, as China's parliament began discussing a national development plan.
Published 07 Mar, 2006 12:00am
US factory orders, pending home sales slide in January

US factory orders, pending home sales slide in January

New orders at US factories in January posted the largest drop since 2000 as aircraft orders fell, while pending sales of US homes slipped as the housing market slowed, reports showed on Monday.
Published 07 Mar, 2006 12:00am
South Korea and US trade talks

South Korea and US trade talks

The United States and South Korea agreed on Monday to start a formal round of free trade talks in June, dealing a blow to farmers and unionists demonstrating against the plans.
Published 07 Mar, 2006 12:00am
OECD sees rising growth, advises caution on interest rates

OECD sees rising growth, advises caution on interest rates

The OECD forecast on Monday that growth of the world's most industrialised economies would accelerate in the first half of year, but highlighted a number of risks and warned central bank governors about precipitous interest rate hikes.
Published 07 Mar, 2006 12:00am
HSBC profits jump 11 percent

HSBC profits jump 11 percent

HSBC Holdings reported record profits for a British bank of $21 billion on Monday, up 11 percent on the year and above analysts' expectations, as strong emerging markets offset higher spending at its investment bank.
Published 07 Mar, 2006 12:00am
HSBC profits jump 11 percent

HSBC profits jump 11 percent

HSBC Holdings reported record profits for a British bank of $21 billion on Monday, up 11 percent on the year and above analysts' expectations, as strong emerging markets offset higher spending at its investment bank.
Published 07 Mar, 2006 12:00am
China and Japan hold gas talks

China and Japan hold gas talks

China and Japan open a fourth round of talks on Monday about how to develop oil and gas resources in disputed areas of the East China Sea, but few see the issue being resolved quickly partly due to poor bilateral ties.
Published 07 Mar, 2006 12:00am
Kuwait reports 35 trillion cubic feet gas find

Kuwait reports 35 trillion cubic feet gas find

Kuwait has found an estimated 35 trillion cubic feet of non-associated gas in two northern fields along with large amounts of condensates, the country's oil minister said on Monday.
Published 07 Mar, 2006 12:00am
Linde bids to be world leader in industrial gases

Linde bids to be world leader in industrial gases

German engineering conglomerate Linde unveiled plans on Monday to buy British industrial gas group BOC in an 8.2-billion-pound deal that will make it the world's biggest industrial gas maker ahead of French giant Air Liquide.
Published 07 Mar, 2006 12:00am
Russia's Razgulay raises $144 million in IPO

Russia's Razgulay raises $144 million in IPO

Russia's top grain processor, Razgulay, raised $144 million in an initial public offering as it became the country's first large agro-industrial firm to list, the company said on Monday.
Published 07 Mar, 2006 12:00am
Russia's Razgulay raises $144 million in IPO

Russia's Razgulay raises $144 million in IPO

Russia's top grain processor, Razgulay, raised $144 million in an initial public offering as it became the country's first large agro-industrial firm to list, the company said on Monday.
Published 07 Mar, 2006 12:00am
Malaysian shares dip

Malaysian shares dip

Malaysian share prices closed 0.22 percent lower on Monday as investors stayed on the sidelines amid a lack of fresh leads and worries over a recent fuel price hike, dealers said. The Kuala Lumpur Composite Index lost 2.01 points at 914.92.
Published 07 Mar, 2006 12:00am
Thai shares decline amid political turmoil

Thai shares decline amid political turmoil

Thai share prices closed lower on Monday as investors stayed on the sidelines due to the political turmoil over the leadership of embattled Prime Minister Thaksin Shinawatra, dealers said.
Published 07 Mar, 2006 12:00am
Taiwan stocks rise; HTC up, TSMC down

Taiwan stocks rise; HTC up, TSMC down

Taiwan stocks ended 0.34 percent higher on Monday, led by High Tech Computer and other high-priced shares, amid optimism stronger demand will boost their sales in February.
Published 07 Mar, 2006 12:00am
Hong Kong shares end flat before HSBC earnings

Hong Kong shares end flat before HSBC earnings

Hong Kong stocks ended flat on Monday as investors took a breather ahead of 2005 earnings results from HSBC Holdings Plc, which accounts for nearly a third of the benchmark Hang Seng index weighting.
Published 07 Mar, 2006 12:00am
JGB prices slip; traders count down to BoJ moot

JGB prices slip; traders count down to BoJ moot

Japanese government bond prices fell on Monday as investors remained cautious ahead of a policy board meeting this week at the Bank of Japan at which the central bank could decide to end its five-year-old super-easy monetary policy.
Published 07 Mar, 2006 12:00am
JGB prices slip; traders count down to BoJ moot

JGB prices slip; traders count down to BoJ moot

Japanese government bond prices fell on Monday as investors remained cautious ahead of a policy board meeting this week at the Bank of Japan at which the central bank could decide to end its five-year-old super-easy monetary policy.
Published 07 Mar, 2006 12:00am
Seoul shares rebound from two-week lows

Seoul shares rebound from two-week lows

Seoul shares rebounded from two-week lows on Monday, led by defensive dividend-paying stocks such as KEPCO, while technology firms such as Samsung Electronics also gained as recent sharp falls were judged excessive.
Published 07 Mar, 2006 12:00am
Chinese shares drop

Chinese shares drop

Chinese shares fell 0.34 percent on Monday as investors, unsure about the outcome of the ongoing parliament session in Beijing, took quick profits amid thin trading. The benchmark Shanghai composite index closed at 1,288.955 points, after slipping 0.32 pe
Published 07 Mar, 2006 12:00am
Jakarta shares jump

Jakarta shares jump

Indonesian share prices edged up 0.11 percent at a record high on Monday, led by index heavyweight Astra International and a strengthening rupiah currency, dealers said.
Published 07 Mar, 2006 12:00am
Philippines shares surge

Philippines shares surge

Philippines share prices rose 0.84 percent on Monday to their highest levels in a month as political tensions eased after President Gloria Arroyo ended the state of emergency imposed to combat an alleged coup attempt, dealers said.
Published 07 Mar, 2006 12:00am
Singapore shares rally

Singapore shares rally

Singapore share prices closed 0.78 percent higher on Monday driven by gains in blue chips with a broader based interest focussed on China-linked stocks, dealers said.
Published 07 Mar, 2006 12:00am
China construction materials firm readies Hong Kong IPO

China construction materials firm readies Hong Kong IPO

A state-backed Chinese maker of construction materials on Monday began marketing a Hong Kong share sale that could be worth up to a larger-than-expected US $218 million, according to a deal term sheet.
Published 07 Mar, 2006 12:00am
China construction materials firm readies Hong Kong IPO

China construction materials firm readies Hong Kong IPO

A state-backed Chinese maker of construction materials on Monday began marketing a Hong Kong share sale that could be worth up to a larger-than-expected US $218 million, according to a deal term sheet.
Published 07 Mar, 2006 12:00am
Australian stocks finish with little gains

Australian stocks finish with little gains

Australian share prices closed 0.1 percent higher on Monday against a backdrop of mixed investor sentiment and little direction from offshore markets, dealers said.
Published 07 Mar, 2006 12:00am
Tokyo shares close 1.52 percent firmer

Tokyo shares close 1.52 percent firmer

The Nikkei booked its first rise in four sessions on Monday, gaining 1.52 percent as Softbank Corp advanced after the UK's Vodafone Group Plc said it is in talks to sell its struggling Japanese mobile phone business to the Internet firm.
Published 07 Mar, 2006 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 68.00-68.10 (previous 68.05). Call Money Rates: 10.50-25.00 percent (previous 11.00-25.00 percent.
Published 07 Mar, 2006 12:00am
Indian rupee ends firm

Indian rupee ends firm

The Indian rupee reversed early losses to end a shade firmer on Monday as strong foreign fund inflows into Indian stocks met with suspected central bank intervention to curb the local currency's gains, dealers said.
Published 07 Mar, 2006 12:00am
Swiss franc rises to one-month highs against dollar

Swiss franc rises to one-month highs against dollar

The Swiss franc rose to one-month highs against the dollar early on Monday after the greenback was dented by the view that the European Central Bank (ECB) will continue raising interest rates.
Published 07 Mar, 2006 12:00am
Yen falls sharply as market looks to BoJ meeting

Yen falls sharply as market looks to BoJ meeting

The yen fell sharply on Monday as some investors bet that Japanese interest rates would stay far lower than those of other major currencies even after an expected end to the Bank of Japan's ultra-loose monetary policy.
Published 07 Mar, 2006 12:00am
Australian dollar sidelined

Australian dollar sidelined

The Australian dollar was largely sidelined on Monday as the prospect of higher euro zone interest rates and an increasingly likely change in Japan's ultra-loose monetary policy kept activity focused on the major currencies.
Published 07 Mar, 2006 12:00am
Asian currencies weaker with yen

Asian currencies weaker with yen

The currencies of Singapore, South Korea and Taiwan fell on Monday with the yen, which took a beating as investors bet that an end to Japan's ultra-loose monetary policy would not hurt the dollar's yield advantage.
Published 07 Mar, 2006 12:00am
Chinese yuan nudges to record high on weak dollar

Chinese yuan nudges to record high on weak dollar

The yuan nudged to a record high on Monday, propped up by a weak dollar and a central bank announcement on Friday that no short-term change to the currency's daily trading band was needed, traders said.
Published 07 Mar, 2006 12:00am
Pietersen cleared of elbow injury after fall

Pietersen cleared of elbow injury after fall

England batsman Kevin Pietersen has been cleared of serious injury after suffering a nasty fall while fielding in the first test against India, a team spokesman told reporters on Monday.
Published 07 Mar, 2006 12:00am
Tired Singh to skip Honda Classic

Tired Singh to skip Honda Classic

Golf ironman Vijay Singh is giving himself a break. Singh, who has had only one idle week all year, pulled out of the Honda Classic that starts on Thursday in Palm Beach and said he would consider pulling out of the following week's Bay Hill Invitational.
Published 07 Mar, 2006 12:00am
Commonwealth Games defy critics

Commonwealth Games defy critics

A record 4,500 athletes from 71 nations will compete in 16 sports in the biggest Commonwealth Games yet staged, getting under way here next week.
Published 07 Mar, 2006 12:00am
Injured Jones out of Indian Test series

Injured Jones out of Indian Test series

Injured England paceman Simon Jones has been ruled out of the rest of the three-test series with India. A statement from the England cricket board on Monday said Jones underwent an arthroscopy last Friday after sustaining an injury to his left knee before
Published 07 Mar, 2006 12:00am
Blake topples Hewitt for Las Vegas ATP crown

Blake topples Hewitt for Las Vegas ATP crown

James Blake toppled top-seeded Australian Lleyton Hewitt 7-5, 2-6, 6 3 here on Sunday to win this 380,000-dollar ATP Tournament. The fifth-seeded American claimed the fifth title of his career and second of 2006, beating the former world number one for th
Published 07 Mar, 2006 12:00am
Woods wins second straight title at Doral

Woods wins second straight title at Doral

Tiger Woods added to his impressive run of success as a frontrunner here Sunday as he parlayed his overnight lead into a one-stroke victory at the Ford Championship at Doral.
Published 07 Mar, 2006 12:00am
Bangladesh captures second top militant

Bangladesh captures second top militant

Bangladesh captured its second top militant within a week after security forces waged a gunbattle on Monday in a northern district, police said.
Published 07 Mar, 2006 12:00am
Global warming evidence grows: UN expert

Global warming evidence grows: UN expert

Evidence that humans are to blame for global warming is rising but governments are doing too little to counter the threat, the head of the United Nations climate panel said on Monday.
Published 07 Mar, 2006 12:00am
Court hears graphic testimony in Zuma trial

Court hears graphic testimony in Zuma trial

An HIV-positive AIDS activist testified in court on Monday that South Africa's former Deputy President Jacob Zuma raped her without a condom, in a case that could end the charismatic leader's political career.
Published 07 Mar, 2006 12:00am
Study finds Afghan women still abused

Study finds Afghan women still abused

Four years after the toppling of the Tailbone, Afghanistan's women are still suffering widespread abuse including rape, murder and forced marriage, a rights watchdog said Monday.
Published 07 Mar, 2006 12:00am
AKPBS, Pakistan receives $1 million Alcan Prize

AKPBS, Pakistan receives $1 million Alcan Prize

The Aga Khan Planning and Building Service, Pakistan (AKPBS, P), on Monday received the 1 million dollars Alcan Prize for sustainability for its efforts to improve housing conditions as well as water and sanitation facilities in Pakistan.
Published 07 Mar, 2006 12:00am
Four Palestinians killed

Four Palestinians killed

Four Palestinians, including two members of Islamic Jihad faction, were killed Monday in an Israeli air strike on a car in Gaza City, witnesses and Palestinian security sources said.
Published 07 Mar, 2006 12:00am
Hamas revokes Abbas's power to appoint some judges

Hamas revokes Abbas's power to appoint some judges

Hamas legislators voted on Monday to revoke all decisions made by the previous Palestinian parliament at its final session last month, including laws that gave President Mahmoud Abbas wider powers to appoint some judges.
Published 07 Mar, 2006 12:00am
UN rights expert calls for definition of 'terrorism'

UN rights expert calls for definition of 'terrorism'

A UN human rights expert on Monday called on the international community to agree on a precise definition of terrorism to help prevent abuses occurring under the guise of counter-terrorist operations.
Published 07 Mar, 2006 12:00am
Iran steps up plans for Shahab missiles

Iran steps up plans for Shahab missiles

As Iran pursues a nuclear programme the West fears is aimed at producing bombs, Tehran also appears to be stepping up development of missiles capable of carrying atomic warheads, diplomats citing intelligence say.
Published 07 Mar, 2006 12:00am
Former Milosevic ally commits suicide in prison

Former Milosevic ally commits suicide in prison

Former Croatian Serb leader Milan Babic, who pleaded guilty to crimes against humanity during the war in Croatia, committed suicide in the detention centre of the UN war crimes court in The Hague, the court said Monday.
Published 07 Mar, 2006 12:00am
Howard says may consider uranium sale to India

Howard says may consider uranium sale to India

Australia will consider selling uranium to India if it is convinced about New Delhi's commitment to follow global nuclear safeguards for its civilian atomic reactors, Prime Minister John Howard said.
Published 07 Mar, 2006 12:00am