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Print - 2006-03-15
Second round of peace talks in danger: Sri Lankan rebels

Second round of peace talks in danger: Sri Lankan rebels

Sri Lanka's Tamil Tigers have said a second round of talks to avert a slide back to civil war are in grave danger unless the government makes good on a pledge to disarm groups they say the army is helping attack them.
Published 15 Mar, 2006 12:00am
Global warming gases at highest levels ever: UN

Global warming gases at highest levels ever: UN

Greenhouse gases blamed for global warming and climate change have reached their highest ever levels in the atmosphere, the World Meteorological Organisation (WMO) said on Tuesday.
Published 15 Mar, 2006 12:00am
Fatwa issued against attacks on religious places

Fatwa issued against attacks on religious places

A top Muslim seminary in India has issued a fatwa or religious decree against attacks on religious places, days after deadly bombings in a Hindu holy city killed 23 people.
Published 15 Mar, 2006 12:00am
North Korea threatens pre-emptive attack

North Korea threatens pre-emptive attack

North Korea has the right to launch a pre-emptive attack against US-backed South Korean forces because the two Koreas are technically still at war, the communist state's official media said on Tuesday.
Published 15 Mar, 2006 12:00am
South Korean Prime Minister quits

South Korean Prime Minister quits

South Korean President Roh Moo-hyun on Tuesday accepted the resignation of his prime minister, who faced calls to step down for playing golf with businessmen while a railway strike was causing transport chaos.
Published 15 Mar, 2006 12:00am
Iran and Russia discuss dispute, UN to step in

Iran and Russia discuss dispute, UN to step in

Iran and Russia held more nuclear talks on Tuesday as the UN Security Council prepared to consider US-led demands that it send a "very strong message" to Tehran over its suspected weapons programme.
Published 15 Mar, 2006 12:00am
US continues bilateral sanctions on Iran

US continues bilateral sanctions on Iran

President George W. Bush issued an executive order on Monday that continued US oil and other economic sanctions against Iran in effect since 1995, saying Tehran's policies posed a threat.
Published 15 Mar, 2006 12:00am
Olmert declares key settlement part of Israel

Olmert declares key settlement part of Israel

Interim Israeli Prime Minister Ehud Olmert vowed on Tuesday never to give up a major Jewish settlement in the heart of the occupied West Bank, a move that might help blunt rightist ire ahead of March 28 elections.
Published 15 Mar, 2006 12:00am
Khamenei vows no retreat on nuclear work

Khamenei vows no retreat on nuclear work

Iran's supreme leader vowed Tuesday there was no going back on its nuclear programme in the face of heightened US pressure as Tehran resumed talks with Russia aimed at finding a way out of the stand-off.
Published 15 Mar, 2006 12:00am
Japan builds robot to look after elderly

Japan builds robot to look after elderly

A Japanese-led research team Tuesday said it had made a seeing, hearing and smelling robot that can carry human beings and is aimed at helping care for the country's growing number of elderly.
Published 15 Mar, 2006 12:00am
Belarus opens advance poll, opposition cries foul

Belarus opens advance poll, opposition cries foul

Advance voting opened on Tuesday in Belarus's presidential election, a procedure the hard-pressed opposition said would make it easier for President Alexander Lukashenko to rig a poll the West views with deep suspicion.
Published 15 Mar, 2006 12:00am
Scientists unearth hot rocks from cold comet

Scientists unearth hot rocks from cold comet

Particles from any icy comet that were collected and returned to Earth aboard a NASA science satellite show dozens of minerals that form only in extreme heat - a finding that complicates theories about how the solar system formed, scientists said on Monda
Published 15 Mar, 2006 12:00am
Queen urges Australia to do more for Aborigines

Queen urges Australia to do more for Aborigines

Britain's Queen Elizabeth praised Australia for its international leadership on Tuesday, but urged the country to do more at home to alleviate poverty and to help disadvantaged Aborigines.
Published 15 Mar, 2006 12:00am
Dan Brown grilled in Da Vinci Code copyright case

Dan Brown grilled in Da Vinci Code copyright case

The lawyer representing two historians who accuse Dan Brown of copying their work in his best-seller "The Da Vinci Code" said on Tuesday he suspected the author had lied in his evidence.
Published 15 Mar, 2006 12:00am
Brotherhood dismisses recruitment allegation

Brotherhood dismisses recruitment allegation

Egypt's Muslim Brotherhood said on Tuesday security forces had accused 22 of its members detained in the last week of recruiting youths to send to fight in Iraq and the Palestinian territories.
Published 15 Mar, 2006 12:00am
Mauritania new staging post en route to Europe

Mauritania new staging post en route to Europe

A fisherman brings in two corpses found floating at sea. A few kilometres (miles) up the coast, a naked body lies washed up on a barren stretch of sand.
Published 15 Mar, 2006 12:00am
Haas bundles out Agassi at Indian Wells

Haas bundles out Agassi at Indian Wells

A baffled Andre Agassi was bundled out of the 5.27 million-dollar Pacific Life Open 7-5, 6-2 on Monday by Germany's Tommy Haas. Despite his status as the Masters Series event's eighth seed, Agassi clearly had his work cut out for him against Haas, who has
Published 15 Mar, 2006 12:00am
Ponting remains top ODI batsman as Gibbs moves up

Ponting remains top ODI batsman as Gibbs moves up

Australian captain Ricky Ponting's 164-run contribution at the Wanderers on Sunday was not enough to secure his side victory in the decisive ODI against South Africa but it did push him to a new record points tally at the top of the LG ICC ODI batting ran
Published 15 Mar, 2006 12:00am
Pakistan practice abandoned by softball mix-up

Pakistan practice abandoned by softball mix-up

Pakistan had to abandon a scheduled practice session on Tuesday ahead of the three-match ODI series against Sri Lanka when they arrived at the Colombo Cricket Club to find the venue booked for softball.
Published 15 Mar, 2006 12:00am
Sex scandal threatens to overshadow Commonwealth Games

Sex scandal threatens to overshadow Commonwealth Games

A sex scandal involving an official from India threatened to overshadow the Commonwealth Games on Tuesday, with police and organisers on the backfoot over an assault in the Games village.
Published 15 Mar, 2006 12:00am
Aussie gamblers bowled over by South African win

Aussie gamblers bowled over by South African win

Australian gamblers re-learnt an old lesson along with the nation's cricketers in this week's record breaking one-day international in Johannesburg: there's no such thing as a certainty.
Published 15 Mar, 2006 12:00am
Bonds: Tesco readies deal; Kesa bid knocks peers

Bonds: Tesco readies deal; Kesa bid knocks peers

The retail sector took centre stage in Europe's corporate bond market on Tuesday, as British supermarket group Tesco prepared to issue bonds, while a bid for electrical goods retailer Kesa unsettled some of its peers.
Published 15 Mar, 2006 12:00am
Oil rises $1 on US gasoline worries, Nigerian outage

Oil rises $1 on US gasoline worries, Nigerian outage

Oil prices rose more than a dollar on Tuesday on worries that US gasoline supplies may grow tight ahead of the coming driving season, and amid deeper supply disruptions in Nigeria.
Published 15 Mar, 2006 12:00am
Oil rises $1 on US gasoline worries, Nigerian outage

Oil rises $1 on US gasoline worries, Nigerian outage

Oil prices rose more than a dollar on Tuesday on worries that US gasoline supplies may grow tight ahead of the coming driving season, and amid deeper supply disruptions in Nigeria.
Published 15 Mar, 2006 12:00am
Oil rises $1 on US gasoline worries, Nigerian outage

Oil rises $1 on US gasoline worries, Nigerian outage

Oil prices rose more than a dollar on Tuesday on worries that US gasoline supplies may grow tight ahead of the coming driving season, and amid deeper supply disruptions in Nigeria.
Published 15 Mar, 2006 12:00am
Brazil backs stronger GMO export labelling

Brazil backs stronger GMO export labelling

Brazilian exports of genetically modified organisms, such as soyabeans, will bear the label "contains GMOs" within four years, the environment ministry said late Monday.
Published 15 Mar, 2006 12:00am
Vietnam may export less coffee

Vietnam may export less coffee

Vietnam, the world's second-largest coffee producer after Brazil, said on Tuesday it could export less than 650,000 tonnes of beans in the crop year ending in September if prices continue on their downward trend.
Published 15 Mar, 2006 12:00am
FTSE ends slightly lower

FTSE ends slightly lower

UK stocks closed slightly lower on Tuesday as falls in the banking and telecoms sectors outweighed gains by oil explorer Cairn Energy after an upbeat statement and retailers Kingfisher and DSG International on bid talk.
Published 15 Mar, 2006 12:00am
Seoul shares decline

Seoul shares decline

Seoul shares fell for the first session in three on Tuesday, as recent gainers including Samsung Electronics declined on concerns about the impact of higher oil prices on global consumer demand and their operating costs.
Published 15 Mar, 2006 12:00am
Indian shares flat

Indian shares flat

Indian share prices closed flat Tuesday, breaking a three-day rally, as retail investors and overseas funds booked profits, dealers said. They said markets touched an intra-day record on fund buying with the benchmark Sensex striking 10,896.39 points befo
Published 15 Mar, 2006 12:00am
US Stocks: Tuesday's unofficial close

US Stocks: Tuesday's unofficial close

US stocks rose on Tuesday, boosted by investment bank Goldman Sachs Group Inc's record quarterly earnings, which lifted shares of brokerages and banks. Goldman, the first major investment bank to report results, jumped 4.7 percent to $147.33. Dow componen
Published 15 Mar, 2006 12:00am
Oil World sees strong rise in rapeseed exports

Oil World sees strong rise in rapeseed exports

World exports of rapeseed/canola are likely to rise to a record 3.61 million tonnes in January to June 2006, up from 2.34 million tonnes in the same 2005 period, Hamburg-based oilseeds analysts Oil World said.
Published 15 Mar, 2006 12:00am
Bonds: Tesco readies deal; Kesa bid knocks peers

Bonds: Tesco readies deal; Kesa bid knocks peers

The retail sector took centre stage in Europe's corporate bond market on Tuesday, as British supermarket group Tesco prepared to issue bonds, while a bid for electrical goods retailer Kesa unsettled some of its peers.
Published 15 Mar, 2006 12:00am
Euro falls versus dollar in London

Euro falls versus dollar in London

The euro retreated from a one-week high against the dollar on Tuesday, losing ground after a survey showed German investor sentiment unexpectedly worsened in March.
Published 15 Mar, 2006 12:00am
Sterling recovers versus euro

Sterling recovers versus euro

Sterling recovered from Monday's seven-month low versus the euro on Tuesday and gained versus the dollar, supported by weaker than expected German sentiment data and recent falls UK interest rate futures.
Published 15 Mar, 2006 12:00am
Indian rupee firms

Indian rupee firms

The Indian rupee ended firmer on Tuesday as dollar-buying by state-run banks, probably on behalf of the Reserve Bank of India, failed to outweigh strong foreign inflows. A fresh record peak on the main stock index and dollar losses against the yen oversea
Published 15 Mar, 2006 12:00am
Thousands mass outside Thai Prime Minister's office

Thousands mass outside Thai Prime Minister's office

Thousands of people massed peacefully outside the office of beleaguered Thai Prime Minister Thaksin Shinawatra on Tuesday, their leaders vowing they would stay until he quit.
Published 15 Mar, 2006 12:00am
Azeri victims take bird flu toll past 100

Azeri victims take bird flu toll past 100

Three young women in Azerbaijan have died from suspected bird flu, taking the death toll from the virus beyond 100, while secretive Myanmar on Tuesday tackled its first outbreak in birds.
Published 15 Mar, 2006 12:00am
Maoists road blockade hits Nepal

Maoists road blockade hits Nepal

The first day of a week-long Maoist rebel road blockade in Nepal left highways across the nation deserted, piling fresh pressure on Nepal's King Gyanendra who seized power 13 months ago.
Published 15 Mar, 2006 12:00am
China and India will usher in 'new Asian century': Wen

China and India will usher in 'new Asian century': Wen

China and India will usher in a "new Asian century," Chinese Premier Wen Jiabao said Tuesday, as he expressed hopes the world's two most populous countries would build on their improving relations.
Published 15 Mar, 2006 12:00am
Russia to supply fuel to atomic plants: India

Russia to supply fuel to atomic plants: India

India will receive uranium from Russia to run two atomic power plants that have struggled to find fuel after the United States stopped supplies more than three decades ago, the Foreign Ministry said on Tuesday.
Published 15 Mar, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 14, 2006).

Published 15 Mar, 2006 12:00am
Baghdad police find 80 bodies

Baghdad police find 80 bodies

The bodies of at least 80 people apparently killed in sectarian attacks have been found in Baghdad since early Monday, after more than 50 people died in multiple car bombs in a Shiite militia stronghold.
Published 15 Mar, 2006 12:00am
Baghdad police find 80 bodies

Baghdad police find 80 bodies

The bodies of at least 80 people apparently killed in sectarian attacks have been found in Baghdad since early Monday, after more than 50 people died in multiple car bombs in a Shiite militia stronghold.
Published 15 Mar, 2006 12:00am
Prime Minister asks OGDC to follow government procurement rules

Prime Minister asks OGDC to follow government procurement rules

Prime Minister Shaukat Aziz has directed the Oil and Gas Development Company Limited (OGDC) that it should not become subservient to Public Procurement Regulatory Authority (PPRA) but follow the government rules for procurement.
Published 15 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 14, 2006).

Published 15 Mar, 2006 12:00am
Prime Minister asks OGDC to follow government procurement rules

Prime Minister asks OGDC to follow government procurement rules

Prime Minister Shaukat Aziz has directed the Oil and Gas Development Company Limited (OGDC) that it should not become subservient to Public Procurement Regulatory Authority (PPRA) but follow the government rules for procurement.
Published 15 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 14, 2006).

Published 15 Mar, 2006 12:00am
Prime Minister asks OGDC to follow government procurement rules

Prime Minister asks OGDC to follow government procurement rules

Prime Minister Shaukat Aziz has directed the Oil and Gas Development Company Limited (OGDC) that it should not become subservient to Public Procurement Regulatory Authority (PPRA) but follow the government rules for procurement.
Published 15 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 14, 2006).

Published 15 Mar, 2006 12:00am
Ibad takes up Ulema Council legal draft

Ibad takes up Ulema Council legal draft

Sindh Governor Dr Ishrat-ul-Ibad Khan expressed the confidence that formation of Ulema Council in Sindh will have far reaching affects. "The establishment of the council will prove a milestone for the formation of a society based on golden principles of I
Published 15 Mar, 2006 12:00am
Arbab cautions security agencies

Arbab cautions security agencies

Sindh Chief Minister Dr Arbab Ghulam Rahim has cautioned security agencies operating in the province that they would be responsible for the crimes committed by their staff or security guards.
Published 15 Mar, 2006 12:00am
'No change likely in treasury bills cut-off yield'

'No change likely in treasury bills cut-off yield'

State Bank of Pakistan (SBP) adjusted its monetary policy last April when it raised the key discount rate to 9 percent from 7.5 percent. Financial market were expecting another rate increase as December 2005 and January 2006 inflation numbers were higher
Published 15 Mar, 2006 12:00am
'No change likely in treasury bills cut-off yield'

'No change likely in treasury bills cut-off yield'

State Bank of Pakistan (SBP) adjusted its monetary policy last April when it raised the key discount rate to 9 percent from 7.5 percent. Financial market were expecting another rate increase as December 2005 and January 2006 inflation numbers were higher
Published 15 Mar, 2006 12:00am
Marri tribe leader picked up, released

Marri tribe leader picked up, released

Khair Bukhsh Marri, a Baloch leader, was picked up by law enforcement agencies, and later released after an hour, in Karachi on Tuesday. According to his relatives, the LEAs raided the residence of Javed Mengal, son of Ataullah Mengal, in DHA at 3:00 pm o
Published 15 Mar, 2006 12:00am
Asia Pacific tax moot from March 17

Asia Pacific tax moot from March 17

The two-day Asia Pacific Tax Conference 2006 will be held at a local hotel from Friday (March 17). An announcement here on Tuesday said the theme of the moot will be "Tax system - A catalyst for economic development."
Published 15 Mar, 2006 12:00am
NAB decision a cruel joke with common man: Opposition

NAB decision a cruel joke with common man: Opposition

Opposition parties saw the hands of influential cabinet ministers who minted millions by creating artificial shortage of sugar in the National Accountability Bureau's decision to abandon investigation into seething crisis of the must-kitchen commodity.
Published 15 Mar, 2006 12:00am
CBR told to include tax-free fabrics import under TIS

CBR told to include tax-free fabrics import under TIS

The Ministry of Textile Industry has strongly recommended to the Central Board of Revenue (CBR) to allow customs duty and sales tax free import of fabrics under 'Temporary Importation Scheme' (SRO.1065(I)/2005) and submit recommendations to the Prime Mini
Published 15 Mar, 2006 12:00am
CBR told to include tax-free fabrics import under TIS

CBR told to include tax-free fabrics import under TIS

The Ministry of Textile Industry has strongly recommended to the Central Board of Revenue (CBR) to allow customs duty and sales tax free import of fabrics under 'Temporary Importation Scheme' (SRO.1065(I)/2005) and submit recommendations to the Prime Mini
Published 15 Mar, 2006 12:00am
President to inaugurate Bhasha-Diamer Dam on March 16

President to inaugurate Bhasha-Diamer Dam on March 16

President General Pervez Musharraf will perform groundbreaking of $6.5 billion Bhasha-Diamer Dam mega project on Thursday (March 16). This project is part of President Musharraf's 'Water Vision'.
Published 15 Mar, 2006 12:00am
Proceedings against kite flying adjourned

Proceedings against kite flying adjourned

Lahore High Court adjourned the proceedings in a petition filed against the kite flying, as the government failed to submit its reply and law officer sought time to submit the same.
Published 15 Mar, 2006 12:00am
Holiday at Karachi University and NED today

Holiday at Karachi University and NED today

The University of Karachi and its affiliated colleges will remain closed on March 15 on account of Urs of Shah Abdul Latif Bhitai. This was announced by the Registrar of the University in a notification issued here on Tuesday. He said the scheduled examin
Published 15 Mar, 2006 12:00am
HEC approves Rs 39 million UVAS project

HEC approves Rs 39 million UVAS project

The Higher Education Commission of Pakistan has approved another development project worth Rs 39 million of the University of Veterinary and Animal Sciences (UVAS) Lahore.
Published 15 Mar, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Mar, 2006 12:00am
Journey towards progress to continue: Musharraf

Journey towards progress to continue: Musharraf

President General Pervez Musharraf on Tuesday said that Pakistan is marching ahead on the path of progress, stating the successful policies have led to a visible decline in poverty.
Published 15 Mar, 2006 12:00am
'Legislators not taking labour issues seriously'

'Legislators not taking labour issues seriously'

The legislators have never seriously taken the issues of labour in the country although the laws are there, which implementation had been the problem, consequently, suffering the labour class.
Published 15 Mar, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (March 14, 2006).

Published 15 Mar, 2006 12:00am
Women education in remote areas stressed

Women education in remote areas stressed

The Sindh Minister for Women Development Dr Saeeda Malik has stressed upon the spread of woman education in remote areas of the country. She was speaking as the chief guest of closing ceremony of International Women Week held at the Sindh University Insti
Published 15 Mar, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 15 Mar, 2006 12:00am
FoodTech show from May 9

FoodTech show from May 9

Agriculture and Processed Food Products Export Development Authority (Apeda), Government of India, has reserved a bigger space this year to exhibit the products of their member companies in the co-located shows FoodTech & PPP.
Published 15 Mar, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Mar, 2006 12:00am
Nature conservation: children display commendable work

Nature conservation: children display commendable work

WWF-Pakistan Nature Carnival, which involved educational institutions, corporate concerns and the general public, offers an excellent opportunity to talk about the significance of nature conservation.
Published 15 Mar, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Mar, 2006 12:00am
APNS slams unethical drive against member publications

APNS slams unethical drive against member publications

The Executive Committee of All Pakistan Newspapers Society (APNS) has strongly condemned unethical campaign launched by disputed title holder, Daily Public, Faisalabad and Daily Amn, Faisalabad against APNS member publications based in Faisalabad.
Published 15 Mar, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (March 14, 2006).

Published 15 Mar, 2006 12:00am
Sindh University students convention next month

Sindh University students convention next month

The University of Sindh is going to organise Students Convention-2006 from April 4 to April 6, 2006 at Allama I.I. Kazi Campus, Jamshoro, the students convention is chain of the youth convention, initiated by the Higher Education Commission (HEC) Islamaba
Published 15 Mar, 2006 12:00am
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