Japanese shares are expected to see subdued trading interest over the coming holiday-shortened week although US economic data and currency swings may buffet the market, analysts said Friday.
Asian currencies rose against the dollar and the Japanese yen shot up to a three-month high after finance chiefs called on China to ease controls on its currency.
Malaysian shares are expected to trade cautiously next week in the wake of higher interest rates, dealers said. "Trading activities may turn cautious as traders and investors weigh the impact of rising interest rates on the economy," said Victor Wan, a se
Indian bond yields eased on Friday after US Federal Reserve Chairman Ben Bernanke said the Fed could pause at some point in its 22-month rate raising campaign.
Indian bond yields eased on Friday after US Federal Reserve Chairman Ben Bernanke said the Fed could pause at some point in its 22-month rate raising campaign.
With the Federal Reserve open to taking a break in its campaign of interest-rate hikes, US stock investors will be watching for signs of tame economic growth that would make a tightening pause all the more likely.
Hong Kong stocks are likely to move in a narrow range next week on uncertainties after China hiked official lending rate and signs that US interest rate hikes could be near their peak, dealers said Friday.
Taiwan share prices are expected to extend gains next week, supported by better-than-expected results from some of the electronic heavyweights, dealers said Friday.
The London stock market will look to rebound in shortened trading next week, with an interest rate decision and a flood of company results shifting into focus.
Indonesia's stock market is expected to trade slightly lower in the coming week on continued profit taking, analysts said Friday. "The market is already overbought. I expect there will be selling pressure next week but not major," said a dealer with a loc
Singapore share prices are expected to rise further next week ahead of the May 6 general elections in which the ruling People's Action Party (PAP) is widely predicted to maintain its dominance, dealers said.
Three Afghan soldiers were killed and three wounded Sunday when a roadside bomb ripped through their vehicle in troubled southern Afghanistan, the military said.
Sri Lanka's Tamil Tigers said they raided camps belonging to renegade ex-rebels on Sunday, killing 20, while the government and rebels traded artillery fire in the north-east as war fears remained high.
Israel's cabinet approved a new route for the controversial West Bank barrier on Sunday, giving the go-ahead for the structure to cut deep into the West Bank in order to take in two large Jewish settlement blocs.
Egypt's parliament agreed on Sunday to a two-year extension of emergency law requested by the government while it prepares replacement anti-terrorism laws.
The Egyptian government unveiled on Sunday its project to synchronise the Muslim call to prayer in Cairo and said it might next ban the use of amplifiers by muezzins at small mosques outside government control.
The Sudanese government on Sunday accepted a peace plan for the Darfur region that requires it to disarm Janjaweed militias before rebels lay down their weapons in what diplomats said was a major breakthrough.
Nepalese Prime Minister Girija Prasad Koirala was sworn in on Sunday by King Gyanendra, the man whose powers he has vowed to cut after weeks of violent protests.
Any United Nations Security Council sanctions imposed on Iran for failing to stop its controversial nuclear research are likely to be limited, former US secretary of state Colin Powell said Sunday.
The sixth Pakistan Development Forum 2006 will be held on 10-11 May at the Jinnah Convention Center, Islamabad. The title of conference is 'Drivers of Economic Growth- Unleashing the Potential of Private Sector'. Previous PDFs were used to outline to Paki
Two proclaimed offenders, including one Imran Asghar son of a PML (N) leader Muhammad Asghar, were killed in separate police encounters here on Sunday morning, while their two accomplices were arrested.
Pakistan Council of Research in Water Resources (PCRWR) is implementing a programme 'Improved Water Conservation Practices for NWFP and Northern Areas of Pakistan' to identify the problems related to water resources management in the project area and deve
Food consumption patterns in Pakistan are changing in line with increasing per capita income and urbanisation. Currently by nearly three quarters of the diet (by weight) is made up of cereals and milk products.
Sialkot District Nazim Muhammad Akmal Cheema has said that Allama Iqbal hospital will be upgraded and equipped with modern machinery costing Rs 35 million and work on the project would be carried out in short span of time. Besides, trauma center at a cost
Head of newly formed AJK Peoples Muslim League, Barrister Sultan Mehmood Chaudhry on Sunday demanded to include Kashmiri leadership in the dialogue process between Pakistan and India for a durable solution of Kashmir issue.
As a signatory to WTO, Pakistan has ratified seven of the eight ILO conventions on core labour laws. The International Labour Organisation is the UN's specialised agency which seeks promotion of social justice and internationally recognised human and labo
According to a newspaper report, Master Junaid, a seven-year-old child, while crossing a road in Landhi area on 15th April 2006, was hit by an unknown vehicle and died on the spot. A pedestrian bridge could have possibly saved his life, but such bridges c
It is often claimed that the government is very serious in protecting the investors, particularly the small savers. One often reads in the newspapers that the Securities and Exchange Commission of Pakistan (SECP) has taken such steps to save the stock exc
Recently, circular Letter C. No 1 (17) WHT/91-Pt, dated January 23rd, 2006, has been issued by the Central Board of Revenue, Government of Pakistan, Islamabad, under which it has been specifically clarified that all the NPOs/NGOs/AOPs "Registered under an
The 1st of May is a remarkable day for the international workers with reference to the Industrial Revolution, which took place in Chicago in 1886 for acceptance of their demand for an eight-hour work day.
The defective tax system has partially been responsible for most of our problems like fiscal deficits, capital flight, concentration of wealth in a few individuals, large-scale tax evasion, maladministration within the tax department, arbitrary powers to
Once again in the midst of protracted aspirations for an "ideal" labour policy, the observance of May Day, today, is bound to leave many wondering about its actual significance.
The decision of Central Board of Revenue (CBR) to computerise details of all property transactions in the country with the help of provincial governments so as to develop a credible national database on such deals in all major cities is a step in the righ
17 passengers were injured when a passenger bus collided with a tractor trolley near here on Sunday. According to police, the bus was coming to Jauhrabad when it rammed into a tractor trolley near Hedali. As a result 17 persons sustained injuries, four of
As many as 281 wheat procurement centers have been established in the province for the convenience of farmers. According to official sources, number of wheat procurement centers has been increased and even more centers can be established, if required.
University of Agriculture Faisalabad Vice-chancellor, Dr Bashir Ahmad has urged students to enrich their capabilities through information technology and communication skills as these are the prerequisites for their personality development.
Instead of responding positively to Pakistan's initiative for demilitarisation of Kashmir, the Indian armed forces are acquiring more civilian land for expanding cantonments and bases in occupied Kashmir.
All-China Journalists Association (ACJA) and Pak-China Media Friendship Association (PCMFA) will soon undertake joint media exchange and study programmes helping the journalists' community enhancing professional skill and know-how to project events and de
Commenting on the Central Board of Revenue's reported move to impose 15 percent GST on software exports, the Chairman Senate Standing Committee on Defence and member Standing Committee on Finance, Senator Nisar Ahmed Memon said he would oppose any such de
Punjab Chief Minister Chaudhry Pervaiz Elahi has said that government was making all out efforts to maintain beauty of historical places of the country.
Member and observer countries of the Shanghai Co-operation Organisation (SCO) have agreed to set up a special institute to intensify fight against cross-border drug crimes.
Pakistan will conduct six rounds of polio eradication initiative (NIDs) in 2006 and four rounds in 2007. In addition, four mop up rounds in 2006 and two mop up rounds in 2007 will be planned in areas with evidence of virus circulation.
A joint team of Pakistan Telecommunication Authority (PTA), NSS (PTCL) and the Federal Investigation Agency (FIA) raided a house located in the residential area of Korangi, Karachi, and seized an operational illegal gateway exchange on Friday.
Higher Education Commission (HEC) Chairman Dr Atta-ur-Rahman has admitted that he was being pressurised by the 'politicians' for taking action against substandard and illegal private universities but said HEC was being backed by the federal cabinet and pr
A large number of poultry shopkeepers have closed their businesses and started vending the vegetables and fruits to earn their livelihood in Southern Punjab as the rumour of bird flue once again gripped the area.
Punjab Minister for Transport Rana Shamshad Ahmed Khan on Sunday said the public transport would be switched over to CNG under 'clean air programme' in next three years.
President General Pervez Musharraf has reaffirmed Pakistan's belief in the dignity of labour and assured the working community of the government's commitment to the cause of labour and improvement in the economic conditions of workers.
Sindh Chief Minister Dr Arbab Ghulam Rahim has said that Rs 10 million has been approved for financial support to press clubs and journalists of Sindh. In a statement issued here on Sunday, he said, on his specific directives, the announcement has been ma
The LPG Distributors Association (LPGDA) has directed all the LPG retailers and distributors to adopt safety measure and install safety equipment in their shops and distribution houses in 15 days time.
The week ended on April 29, 2006 saw commodities closing with mixed pattern, unlike previous week that had registered all-round rise. However, gram, gram dal, yellow peas, beetle, cotton cakes were modestly up, moong and masoor dal turned sharply lower, w
A strong plea for the observance of traffic rules and even-handed usage of traffic laws along with better orientation of both general public and traffic police staff on the road safety erasures was made here at a seminar, organised by the International Or
Ginners appeared miserly in offering quality lots being confident of short crop while consumers laid hands of a few available lots during the week ended on April 29, 2006. The spot rate was paid respect which was left unchanged at Rs 2425 though in ready
Ginners appeared miserly in offering quality lots being confident of short crop while consumers laid hands of a few available lots during the week ended on April 29, 2006. The spot rate was paid respect which was left unchanged at Rs 2425 though in ready
An All Pakistan National IT Gala, Nascon 06, participated by 370 students from all over Pakistan and organised by the National University of Computer and Emerging Sciences began at the H/11 Campus of FAST here on Sunday.
Karachi City Nazim, Syed Mustafa Kamal has issued directives to all 178 union councils scattered across the Karachi district to ensure that none of the child in their respective jurisdiction is denied of vaccines administered under Expanded Immunisation P
SITE Association of Industry (SAI) Acting Chairman Saboor Ahmed has flayed the performance of Karachi Electric Supply Corporation (KESC), and said the KESC, on privatisation, was expected to upgrade its transmission and distribution system at least to a l
An earthquake of mild intensity measuring 4.0 on international Richter Scale Sunday jolted district Mansehra and Balakot. According to Regional Meteorological Station here, the earthquake originated at 1426 hours (PST) and its epicenter was about 200 kilo
Brigadier Muhammad Rafique Sabir was installed as honorary colonel of the battalion of Corps of Engineers popularly known as "Khunjrabees" at an impressive ceremony held here on Sunday.
Twin cities of Islamabad and Rawalpindi are facing meat shortage owing to closure of meat shops in certain areas. After bird flu crisis, prices of mutton and beef have gone very high. Due to smuggling of the livestock to Afghanistan, Iran and other neighb
The United Nations Secretary General Kofi Annan has thanked Pakistan's envoy to Britain Dr Maleeha Lodhi for serving on his Advisory Board on Disarmament Matters for the past five years.
Though the government has been claiming to achieve the goals set for achieving 100 percent literacy under the Education for All (EFA), yet the independent surveys along with donor agencies like Unicef and Unesco describe that the Government of Pakistan wo
Foreign Minister of Netherlands Bernard R. Bot will arrive here on May 2 on a two-day visit, a Foreign Office spokesperson said on Saturday. Heading a 10-member delegation, Mr. Bot will call on Prime Minister Shaukat Aziz and will hold bilateral consultat
Pakistan and Cuba would establish embassies in each others' capitals, said Prime Minister Shaukat Aziz. He was speaking as chief guest at the launching of the study Corporate Philanthropy in Pakistan: The case of public listed companies' here at the Gover
The Almadad Welfare Organisation has demanded the Pakistan Bait-ul-Maal to process over 400 applications submitted about two years ago by the poor and deserving people through the organisation.
A Regional roundtable on trade liberalisation in Saarc will be held on May 3-4 in Islamabad, said a press release issued on Sunday. Jointly organised by the Saarc Chamber of Commerce and Industry (SCCI) and the Commonwealth Business Council, UK.
Eli Lilly Pakistan (Pvt) Limited on Saturday launched Lilly Answer Helpline to create awareness about the disease of diabetes and provide free of cost dial in service to the diabetic patients.
The provincial chapter of Pakistan Chemist & Druggists Association (PCDA) here on Saturday rejected the NWFP government decision to establish pharmacy shops in the public sector hospitals, and threatened to launch a province-wide protest campaign from May
Evacuee Trust Property Board (ETPB) contemplates to undertake a number of measures, including construction of shopping plazas by demolishing the old heritage buildings like Dayal Singh Mansion in Lahore.
On his promotion to BS-22, Shaikh Ikramullah has assumed the charge of the office of Federal Secretary Ministry of Privatisation and Investment and the Secretary Privatisation Commission here on Saturday. Earlier, Shaikh Ikramullah was serving as Senior J
A high level meeting chaired by the NWFP Governor Khalil-ur-Rehman at Governor's House on Saturday reviewed various arrangements made to check illegal and unauthorised cross border movements on Durand Line.
The leaders of two major political parties of the country Benazir Bhutto of the Pakistan Peoples Party Parliamentarians (PPPP) and Muhammad Nawaz Sharif of Pakistan Muslim League (PML-N) will have a second round of talks in London on May 14.
Pakistan Muslim League (Nawaz) demanded of the government on Sunday removal of all military officials who are serving on civil posts. The demand was made by PML-N information secretary Ahsan Iqbal at a news conference here.
Punjab Chief Minister Chaudhry Pervaiz Elahi while meeting Indian leading artiste Feroze Khan here on Saturday said that increased links between Pakistan and India in the field of art and culture had promoted ties between the two countries.
The Punjab Governor Lieutenant General Khalid Maqbool (Retd) has said that by adhering to the Islamic injunctions was the best way to ensure the dignity and welfare of the working class.
Aga Khan University Hospital (AKUH) has added a state-of-the-art-radiation treatment (Radiotherapy) facility to its existing cancer care services and now offers a fully comprehensive cancer care programme to patients. Dr Nadeem Abbasi, Consultant Radiatio
A provincial level Disaster Management Authority was formed here at a high level meeting held under the chairmanship of Sindh Governor Dr Ishrat-ul-Ibad here on Sunday.
Prime Minister Shaukat Aziz has said that consistency in government policies for the last few years as well as the approach of liberalisation, deregulation and privatisation paid dividends and the country has made rapid progress.
The World Bank is likely to approve shortly a $100 million concessional loan from its International Development Association (IDA) wing for 'Third Punjab Education Development Policy Credit (PEDPC-III)' to enhance access and quality of education and improv
Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry here on Sunday directed the judges of Peshawar High Court and subordinate courts to uphold the rich quality and norms set by the country's judiciary by utilising all professional capabilities fo
Asthma patients could lead a normal life, completely free from symptoms of the disease, and 'well-controlled and total controlled asthma' is maintainable after it is achieved.
The 11th death anniversary of Begum Abida Malik a founder member of Pakistan Peoples Party (PPP) was observed, here on Saturday. Qasim Zia Punjab President of PPPP applauding role of late Abida Malik said that Abida's struggle during the martial law regim
An aggressive nation-wide campaign to raise awareness about the killer tuberculosis (TB) disease is vital to boost access to free treatment at public health centers to cure the condition.
Foreign Minister Khurshid Mahmood Kasuri on Sunday warned against any use of force against Iran to settle the row over its controversial nuclear programme, saying that it would hurt moderate forces in the Islamic world.
The remote Shawal valley in North Waziristan tribal region has long been known as a haven for al Qaeda militants and their allies. Standing on one of the highest summits in the pine-dotted valley.
The State Bank did not release the monetary statistics for 8th April because of inconsistencies found in the balance sheet of a major bank leading to wrong conclusions.
The State Bank did not release the monetary statistics for 8th April because of inconsistencies found in the balance sheet of a major bank leading to wrong conclusions.
The State Bank did not release the monetary statistics for 8th April because of inconsistencies found in the balance sheet of a major bank leading to wrong conclusions.
The United Nations should get a fund of $500 million to enable it to respond immediately in case of any crisis. This was stated by Prime Minister Shaukat Aziz while speaking as chief guest at the launching of a study "Corporate philanthropy in Pakistan: T
John Kenneth Galbraith, an influential liberal economist and author of "The Affluent Society," has died at age 97, The New York Times reported on Sunday.
Bears continued gripping the local share market for the second consecutive week, with the index losing almost 6-percent amid low turnover, which, according to experts, was caused by lacking interest on the part of institutions and other potential players.
Bears continued gripping the local share market for the second consecutive week, with the index losing almost 6-percent amid low turnover, which, according to experts, was caused by lacking interest on the part of institutions and other potential players.
Iran's promised on Sunday it would show "maximum co-operation" with a probe into its nuclear programme on condition the case was dealt with by the International Atomic Energy Agency and not the UN Security Council.