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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-03-11
British Petroleum CEO calls on Prime Minister

British Petroleum CEO calls on Prime Minister

Underlining the vital link between energy sources and the momentum of growth, Prime Minister Shaukat Aziz said on Friday the country's energy needs were increasing by 10-12 percent per annum.
Published 11 Mar, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Bombs kill 13 in Iraq

Bombs kill 13 in Iraq

A suicide truck bomb killed at least 11 people in western Iraq on Friday, and in Baghdad a roadside bomb set ablaze a US Abrams tank, a symbol of American military might.
Published 11 Mar, 2006 12:00am
Shahbaz meets Benazir

Shahbaz meets Benazir

PML (N) president Mian Shahbaz Sharif on Friday afternoon met former Prime Minister and Chairperson of Pakistan Peoples Party Benazir Bhutto at her residence in Dubai.
Published 11 Mar, 2006 12:00am
Shahbaz meets Benazir

Shahbaz meets Benazir

PML (N) president Mian Shahbaz Sharif on Friday afternoon met former Prime Minister and Chairperson of Pakistan Peoples Party Benazir Bhutto at her residence in Dubai.
Published 11 Mar, 2006 12:00am
Dacoits loot Rs 4 million, kill two guards

Dacoits loot Rs 4 million, kill two guards

Two unknown armed dacoits shot dead two security guards Sikandar Hayat and Muhammad Arshad of a private security company-Phonex and took away cash amounting to Rs four million at Akbari Mandi on Friday.
Published 11 Mar, 2006 12:00am
'LPG at affordable price to be ensured'

'LPG at affordable price to be ensured'

The second meeting of Inter-Ministerial Committee, constituted by Prime Minister Shaukat Aziz to frame Liquefied Petroleum Gas (LPG) Policy-2006, held here on Friday under the chairmanship of Federal Minister for Petroleum and Natural Resources Amanullah
Published 11 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Bombs kill 13 in Iraq

Bombs kill 13 in Iraq

A suicide truck bomb killed at least 11 people in western Iraq on Friday, and in Baghdad a roadside bomb set ablaze a US Abrams tank, a symbol of American military might.
Published 11 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Bush visit a mere eyewash: PML-N

Bush visit a mere eyewash: PML-N

Criticising the 'faulty policies' of President Pervez Musharraf, Pakistan Muslim League-Nawaz said on Friday the United States had left Pakistan in a lurch by supporting Afghan and Indian stance on terrorism and other regional issues.
Published 11 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Over 100 terrorists killed in Waziristan: ISPR

Over 100 terrorists killed in Waziristan: ISPR

Security forces during recent operations in Miranshah and Mir Au in North Waziristan Agency (NWA) have not only flushed out the terrorists and gained control of the area but also seized a huge cache of arms and ammunition in the process.
Published 11 Mar, 2006 12:00am
Fisheries sector: Pakistan and China finalise cooperation modalities

Fisheries sector: Pakistan and China finalise cooperation modalities

Pakistan and China have finalised certain modalities to enhance their existing cooperation in the field of fisheries. It was agreed that the governments of the two countries will exchange scientific/technical information and arrange visits of scientists,
Published 11 Mar, 2006 12:00am
Volume of unemployed down 0.03 million

Volume of unemployed down 0.03 million

The volume of unemployment in Pakistan has declined by only 0.03 million during 2003-04 as compared to 2001-02 when it stood at 3.51 million, however, unemployment in males has increased as compared to females.
Published 11 Mar, 2006 12:00am
Inter-bourse trading system proposed

Inter-bourse trading system proposed

The Islamabad Stock Exchange (ISE) has drafted a proposal for introducing 'National Market System' (NMS) to streamline the buying/selling of shares at Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and ISE through inter-linked online system.
Published 11 Mar, 2006 12:00am
Power trade with Delhi, Kabul, CAS on cards: minister

Power trade with Delhi, Kabul, CAS on cards: minister

Pakistan is making efforts to materialise electricity trade with India, Afghanistan and Central Asian States besides setting up power exchange grid station to connect member countries of Saarc.
Published 11 Mar, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 10, 2006).
Published 11 Mar, 2006 12:00am
Situation in two tribal agencies reviewed

Situation in two tribal agencies reviewed

A high-level meeting on Friday reviewed security situation in the troubled North Waziristan and Khyber Agency of the Federally Administered Tribal Areas (Fata). Governor NWFP Khalil-ur-Rehman presided over the meeting held at the Governor's House.
Published 11 Mar, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Situation in two tribal agencies reviewed

Situation in two tribal agencies reviewed

A high-level meeting on Friday reviewed security situation in the troubled North Waziristan and Khyber Agency of the Federally Administered Tribal Areas (Fata). Governor NWFP Khalil-ur-Rehman presided over the meeting held at the Governor's House.
Published 11 Mar, 2006 12:00am
Inter-bourse trading system proposed

Inter-bourse trading system proposed

The Islamabad Stock Exchange (ISE) has drafted a proposal for introducing 'National Market System' (NMS) to streamline the buying/selling of shares at Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and ISE through inter-linked online system.
Published 11 Mar, 2006 12:00am
Inter-bourse trading system proposed

Inter-bourse trading system proposed

The Islamabad Stock Exchange (ISE) has drafted a proposal for introducing ''National Market System'' (NMS) to streamline the buying/selling of shares at Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and ISE through inter-linked online system.
Published 11 Mar, 2006 12:00am
JF-17 aircraft contract awarded to Chinese company

JF-17 aircraft contract awarded to Chinese company

The contract of infrastructure development of JF-17 (Thunder) aircraft has been awarded to M/s China State Construction Engineering Corporation. In this regard, a contract signing ceremony was held at Air Headquarters here on Friday.
Published 11 Mar, 2006 12:00am
JF-17 aircraft contract awarded to Chinese company

JF-17 aircraft contract awarded to Chinese company

The contract of infrastructure development of JF-17 (Thunder) aircraft has been awarded to M/s China State Construction Engineering Corporation. In this regard, a contract signing ceremony was held at Air Headquarters here on Friday.
Published 11 Mar, 2006 12:00am
JF-17 aircraft contract awarded to Chinese company

JF-17 aircraft contract awarded to Chinese company

The contract of infrastructure development of JF-17 (Thunder) aircraft has been awarded to M/s China State Construction Engineering Corporation. In this regard, a contract signing ceremony was held at Air Headquarters here on Friday.
Published 11 Mar, 2006 12:00am
Shanghai gold exchange mulls silver trade

Shanghai gold exchange mulls silver trade

The Shanghai Gold Exchange is preparing to start silver trade, which will set the benchmark for Chinese prices, industry sources said on Friday.
Published 11 Mar, 2006 12:00am
Diplomacy way to tackle Iran threat: Bush

Diplomacy way to tackle Iran threat: Bush

US President George W. Bush on Friday called Iran a "grave national security concern", but said he sought a diplomatic way to cap its nuclear goals.
Published 11 Mar, 2006 12:00am
US rejects Russia's proposal

US rejects Russia's proposal

The United States rejected a Russian proposal Friday for international crisis talks ahead of any UN Security Council action to resolve the Iranian nuclear impasse.
Published 11 Mar, 2006 12:00am
Nasa probe finds liquid water on Saturn moon

Nasa probe finds liquid water on Saturn moon

The potential discovery of water on one of Saturn's moons would add a new environment in the solar system where life could exist, according to scientists.
Published 11 Mar, 2006 12:00am
Solana raises prospect of sanctions

Solana raises prospect of sanctions

European Union foreign ministers insisted on Friday there was still room for a diplomatic solution to Iran's nuclear ambitions after EU foreign policy chief Javier Solana mooted sanctions for the first time.
Published 11 Mar, 2006 12:00am
Amitabh Bachchan will be back on set

Amitabh Bachchan will be back on set

Bollywood's most famous actor Amitabh Bachchan will be back on set this month after a four-month break following abdominal surgery, the director of his latest project said Friday.
Published 11 Mar, 2006 12:00am
Kremlin opponents sidelined in Russia local polls

Kremlin opponents sidelined in Russia local polls

Local elections across Russia on Sunday will be the biggest test of public opinion since President Vladimir Putin was re-elected two years ago, but his opponents say they will also be a new low point for democracy.
Published 11 Mar, 2006 12:00am
South Africa's Zuma may survive rape trial

South Africa's Zuma may survive rape trial

South Africa's former Deputy President Jacob Zuma said on Friday he would emerge from his trial on rape charges with popularity intact, hinting he still regards himself as a candidate for the country's top job.
Published 11 Mar, 2006 12:00am
Bishops launch website against 'Da Vinci Code' movie

Bishops launch website against 'Da Vinci Code' movie

US Catholic bishops on Thursday launched a stinging Internet counter-attack on the best-selling novel "The Da Vinci Code," ahead of the release of Ron Howard's film version in May.
Published 11 Mar, 2006 12:00am
Columbus mystery nearly solved 500 years after death

Columbus mystery nearly solved 500 years after death

Nearly 500 years after the death of Christopher Columbus, a team of genetic researchers are using DNA to solve two nagging mysteries: Where was the explorer really born? And where the devil are his bones?
Published 11 Mar, 2006 12:00am
US Purdue University investigating 'sonofusion' claims

US Purdue University investigating 'sonofusion' claims

Purdue University said it is reviewing research claims that sound waves can create cold nuclear fusion, after doubts were raised on nuclear engineering professor Rusi Taleyarkhan's methods.
Published 11 Mar, 2006 12:00am
Spain drops prosecution of US troops

Spain drops prosecution of US troops

Spanish authorities abandoned Friday their prosecution of three US soldiers over the death of Spanish cameraman Jose Couso at Baghdad's Hotel Palestine on April 8, 2003, a court source said.
Published 11 Mar, 2006 12:00am
Sami axed from one-day squad for Sri Lanka

Sami axed from one-day squad for Sri Lanka

Pakistan have dropped fast bowler Mohammad Sami from the 17-man one-day squad for their Sri Lanka tour starting next week, chief selector Wasim Bari said on Friday.
Published 11 Mar, 2006 12:00am
Kiwis- West Indies Test evenly poised

Kiwis- West Indies Test evenly poised

The outcome of the first Test between New Zealand and the West Indies hung on a knife edge at the close of the second day and first innings century-make Scott Styris already back in the pavilion.
Published 11 Mar, 2006 12:00am
Connors says Wimbledon should buy Borg trophies

Connors says Wimbledon should buy Borg trophies

Tennis legend Jimmy Connors on Thursday suggested the All-England Club should ante-up for the five Wimbledon trophies that Swedish legend Bjorn Borg is planning to auction.
Published 11 Mar, 2006 12:00am
Australian dollar steady

Australian dollar steady

The Australian dollar consolidated in a tight range ahead of US payrolls data due later on Friday, supported just above 2006 lows by a recovery in prices for key commodity exports.
Published 11 Mar, 2006 12:00am
Rupiah leads recovery in Asian currencies

Rupiah leads recovery in Asian currencies

The Indonesian rupiah led a recovery in Asian currencies on Friday as investors found their appetite for risk again, taking the view that the region's high-yielding bonds would remain a lucrative buy.
Published 11 Mar, 2006 12:00am
Hong Kong dollar falls as stocks wilt

Hong Kong dollar falls as stocks wilt

The Hong Kong dollar edged lower on Friday, trimming gains built up on the previous day, and pressured by a decline in the city's stock market.
Published 11 Mar, 2006 12:00am
Dollar shrugs off BoJ, trade deficit, as payrolls loom

Dollar shrugs off BoJ, trade deficit, as payrolls loom

The dollar strengthened on Thursday, gradually rebounding against the yen after the Bank of Japan's decision to end a five-year policy of flooding the banking system with cash and drawing broad support ahead of an expected strong US employment report on F
Published 11 Mar, 2006 12:00am
Dollar hits two-week high as BoJ shift seen benign

Dollar hits two-week high as BoJ shift seen benign

The dollar hit a two-week high against the yen on Friday as investors believe that the end of the Bank of Japan's hyper-loose policy will not stop capital flowing out of Japan in search of higher returns abroad.
Published 11 Mar, 2006 12:00am
Yuan retreats further on dollar strength

Yuan retreats further on dollar strength

China's yuan lost ground for the fourth consecutive day on Friday, in line with broader gains by the dollar on foreign markets, traders said.
Published 11 Mar, 2006 12:00am
Swiss franc steady despite BoJ move

Swiss franc steady despite BoJ move

The Swiss franc was little changed against the US dollar in early trade on Friday as the greenback shrugged off concerns that the Bank of Japan's move to scrap its ultra-low monetary policy would stem capital outflows from Japan.
Published 11 Mar, 2006 12:00am
Chinese shares soar

Chinese shares soar

Chinese shares ended the week on a positive note, notching a small gain on Friday after four straight days of decline as bargain hunters chased banking stocks following their recent slip.
Published 11 Mar, 2006 12:00am
Nikkei jumps but weak machine orders limit gains

Nikkei jumps but weak machine orders limit gains

The Nikkei share average ended up 0.49 percent on Friday as the Bank of Japan's decision to end its ultra-easy monetary policy underscored optimism about the economic recovery, but data showing weaker-than-expected machinery orders limited gains.
Published 11 Mar, 2006 12:00am
Thai stocks decline

Thai stocks decline

Thai share prices closed 0.11 percent lower on Friday as the country braced for next week's mass protest demanding the resignation of Prime Minister Thaksin Shinawatra, dealers said.
Published 11 Mar, 2006 12:00am
Philippines shares plunge

Philippines shares plunge

Philippines share prices closed 0.3 percent lower on Friday as the market consolidated in the face of the downturn on Wall Street and the release of disappointing January export figures, dealers said.
Published 11 Mar, 2006 12:00am
Jakarta shares rally

Jakarta shares rally

Indonesian share prices closed 0.63 percent higher on Friday led by a rebound in index heavyweights Astra International, Bank Central Asia and Bank Rakyat Indonesia, dealers said.
Published 11 Mar, 2006 12:00am
US Treasury debt prices end flat

US Treasury debt prices end flat

US Treasury debt prices hugged the unchanged mark on Thursday as investors engaged in modest position-squaring ahead of key jobs data. Traders moved to the sidelines as they often do before the monthly US employment snapshot, leaving benchmark 10-year not
Published 11 Mar, 2006 12:00am
US Treasury debt prices end flat

US Treasury debt prices end flat

US Treasury debt prices hugged the unchanged mark on Thursday as investors engaged in modest position-squaring ahead of key jobs data. Traders moved to the sidelines as they often do before the monthly US employment snapshot, leaving benchmark 10-year not
Published 11 Mar, 2006 12:00am
Singapore shares tumble

Singapore shares tumble

Singapore share prices closed 0.3 percent lower on Friday, in line with Wall Street's losses overnight and on fresh concerns oil prices could head higher once again, dealers said.
Published 11 Mar, 2006 12:00am
US stocks fall on Google's slide, payroll caution

US stocks fall on Google's slide, payroll caution

US stocks slipped on Thursday as the Nasdaq Composite Index registered its sixth straight day of losses, hurt by a drop in the shares of Web search company Google Inc.
Published 11 Mar, 2006 12:00am
Hong Kong shares slip

Hong Kong shares slip

Hong Kong stocks fell on Friday as investors remained cautious ahead of next week's earnings reports and US payroll data which could influence the Federal Reserve to keep raising interest rates. The benchmark Hang Seng index fell 0.42 percent to 15,445.05
Published 11 Mar, 2006 12:00am
Malaysian shares up

Malaysian shares up

Malaysian share prices closed with a slight gain of 0.11 percent on Friday on selected buying of blue chips, dealers said. They said construction stocks saw some consolidation after rising sharply over the past few days on hopes the sector will gain from
Published 11 Mar, 2006 12:00am
Taiwan stocks slightly higher

Taiwan stocks slightly higher

Taiwan stocks edged up just 0.06 percent on Friday as a weak banking and insurance sub-index offset gains in companies like Motech Industries, which are expected to benefit from higher oil prices.
Published 11 Mar, 2006 12:00am
Zimbabwe inflation at record, dampens recovery hopes

Zimbabwe inflation at record, dampens recovery hopes

Zimbabwe's annual inflation rate vaulted to a record high in February, driven by a surge in rental, transport and education fees, blighting prospects of a quick recovery for the country's battered economy.
Published 11 Mar, 2006 12:00am
World's top airlines in cargo price-fixing lawsuit

World's top airlines in cargo price-fixing lawsuit

Eleven of the world's major airlines, including British Airways Plc, Deutsche Lufthansa, UAL Corp and Japan Airlines Corp, have been sued by a Tanzanian firm accusing them of conspiring to fix fuel price surcharges for cargo flights.
Published 11 Mar, 2006 12:00am
Canada productivity increases

Canada productivity increases

Canadian labour productivity grew by 0.5 percent in the fourth quarter of 2005 from the third quarter and for 2005 as a whole, it increased for the first time in three years on the back of the manufacturing sector, Statistics Canada said on Friday.
Published 11 Mar, 2006 12:00am
RasGas to supply gas to restart Dabhol plant

RasGas to supply gas to restart Dabhol plant

ExxonMobil-owned RasGas will supply liquefied natural gas (LNG) by December to restart India's controversial Dabhol power project in the western state of Maharashtra, a top official said Friday.
Published 11 Mar, 2006 12:00am
EU and US sign historic wine deal

EU and US sign historic wine deal

The European Union and the United States have signed a deal on the wine trade that will help protect some of the most famous European names, the EU executive said on Friday.
Published 11 Mar, 2006 12:00am
German exports get off to record start

German exports get off to record start

Germany exported a record amount of goods in January, but with import volumes also soaring, there is mounting evidence that a burgeoning recovery will profit less strongly from net trade than in the past.
Published 11 Mar, 2006 12:00am
OECD sees improving outlook across G7 bar US

OECD sees improving outlook across G7 bar US

The economic outlook has improved in all Group of Seven leading industrial nations except the United States, according to an early warning indicator issued on Friday by the OECD.
Published 11 Mar, 2006 12:00am
IBM's chief executive pay gains

IBM's chief executive pay gains

IBM on Thursday said Chief Executive Samuel Palmisano received a compensation package worth nearly $20 million last year, a hefty raise after he oversaw the sale of IBM's unprofitable PC business.
Published 11 Mar, 2006 12:00am
Dubai ports debacle darkens Gulf investors' mood

Dubai ports debacle darkens Gulf investors' mood

Gulf Arabs reacted bitterly on Friday to Dubai's decision to relinquish control of six US ports, saying the political storm that forced the emirate's hand could provoke a backlash among regional investors.
Published 11 Mar, 2006 12:00am
Commission sends new warning to Microsoft

Commission sends new warning to Microsoft

The European Commission has moved a step closer to fining Microsoft Corp up to 2 million euros ($2.4 million) daily, warning that new reports show the software giant had not complied with a landmark antitrust ruling.
Published 11 Mar, 2006 12:00am
French industrial output up

French industrial output up

French industrial output rose less than expected in January as declines in the production of consumer goods and energy partially offset a strong rise in auto production, data showed on Friday.
Published 11 Mar, 2006 12:00am
US payrolls grow, jobless rate up

US payrolls grow, jobless rate up

US employers added a stronger-than-forecast 243,000 jobs in February but the unemployment rate edged up, the Labour Department said on Friday in a report that left analysts divided about whether inflation was heating up.
Published 11 Mar, 2006 12:00am
Fictional dating fad comes true for 'toothers'

Fictional dating fad comes true for 'toothers'

It started as a prank that tricked the world's media but spoof stories about people using their mobile phones to hook up with strangers have come true.
Published 11 Mar, 2006 12:00am
Indian industrial output up

Indian industrial output up

India's industrial output picked up speed in January to rise 8.3 percent from a year earlier, soothing analysts' fears of a slowdown and raising the chance of an interest rate rise in April.
Published 11 Mar, 2006 12:00am
Creditors ask Moscow court to make Yukos bankrupt

Creditors ask Moscow court to make Yukos bankrupt

The bank creditors of stricken Russian oil firm Yukos, led by France's Societe Generale, have filed a petition at a Moscow court to have the firm declared bankrupt, Yukos said on Friday.
Published 11 Mar, 2006 12:00am
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