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Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-06-21
US Midwest soya firm; wheat and corn flat

US Midwest soya firm; wheat and corn flat

Spot basis bids for soyabeans were steady to firm around the US Midwest on Tuesday after a futures market drop pushed cash prices down sharply, grain dealers said. Cash bids for corn and wheat were mostly unchanged.
Published 21 Jun, 2006 12:00am
CBR proposes amendments in budget: exemption to mutual funds to stay

CBR proposes amendments in budget: exemption to mutual funds to stay

The Central Board of Revenue (CBR) has submitted to the government that the proposed withdrawal of exemption, currently available to Mutual Funds, on making investment in carryover trade (COT) (Badla) in stock exchanges should not be incorporated in the a
Published 21 Jun, 2006 12:00am
CBOT wheat futures mixed

CBOT wheat futures mixed

Soft red winter wheat futures on the Chicago Board of Trade closed mixed on Monday, but gained ground on corn and soybeans amid talk of rain-related harvest delays in the US Plains and Midwest, traders said.
Published 21 Jun, 2006 12:00am
CBR proposes amendments in budget: exemption to mutual funds to stay

CBR proposes amendments in budget: exemption to mutual funds to stay

The Central Board of Revenue (CBR) has submitted to the government that the proposed withdrawal of exemption, currently available to Mutual Funds, on making investment in carryover trade (COT) (Badla) in stock exchanges should not be incorporated in the a
Published 21 Jun, 2006 12:00am
Oil cake market rates

Oil cake market rates

Downward trend was seen on the forward cottonseed oilcake market on Tuesday as main buyers remained on the sideline not being interested in fresh deals, dealers said.
Published 21 Jun, 2006 12:00am
CBR proposes amendments in budget: exemption to mutual funds to stay

CBR proposes amendments in budget: exemption to mutual funds to stay

The Central Board of Revenue (CBR) has submitted to the government that the proposed withdrawal of exemption, currently available to Mutual Funds, on making investment in carryover trade (COT) (Badla) in stock exchanges should not be incorporated in the a
Published 21 Jun, 2006 12:00am
No change in price level on cotton market

No change in price level on cotton market

Firm outlook was seen on the cotton market on Tuesday as prices maintained the prevailing levels amid low volume, dealers said. The spot rate was unchanged at 2525, without upcountry expenses.
Published 21 Jun, 2006 12:00am
Gram, Bajra turn lower on grain market

Gram, Bajra turn lower on grain market

Some business was seen on the grain market on Tuesday as grams prices showed modest decline due to steady arrivals from upcountry centres, dealers said. On the grams side, gram garda Punjab shed Rs 75 to Rs 2550-2625. Gram dal Punjab fell by Rs 50 to Rs 3
Published 21 Jun, 2006 12:00am
Non-GMO soyabean

Non-GMO soyabean

South Korea has re-issued a tender to buy 100,000 tonnes of non-genetically modified US No 1 soyabean on June 30, an official at the state-run Korea Agro-Fisheries Trade Corp said on Tuesday.
Published 21 Jun, 2006 12:00am
OGDC development programme approved

OGDC development programme approved

Prime Minister Shaukat Aziz has approved the 2006-07 development programme for Oil and Gas Development Company Limited (OGDC) and set its oil and gas production target at 56,570 barrels per day and 1346 MMCFD, respectively.
Published 21 Jun, 2006 12:00am
MGE wheat ends mixed

MGE wheat ends mixed

Spring wheat futures on the Minneapolis Grain Exchange closed mixed on Monday in a choppy session, with slipover from steep declines in Chicago Board of Trade corn and soyabeans anchoring the market, traders said.
Published 21 Jun, 2006 12:00am
OGDC development programme approved

OGDC development programme approved

Prime Minister Shaukat Aziz has approved the 2006-07 development programme for Oil and Gas Development Company Limited (OGDC) and set its oil and gas production target at 56,570 barrels per day and 1346 MMCFD, respectively.
Published 21 Jun, 2006 12:00am
New York coffee lower

New York coffee lower

Arabica coffee extended nine-month lows on Monday on technical and speculative selling as investors rolled out of a contract approaching delivery and speculators reacted to a drop in other commodities.
Published 21 Jun, 2006 12:00am
OGDC development programme approved

OGDC development programme approved

Prime Minister Shaukat Aziz has approved the 2006-07 development programme for Oil and Gas Development Company Limited (OGDC) and set its oil and gas production target at 56,570 barrels per day and 1346 MMCFD, respectively.
Published 21 Jun, 2006 12:00am
New York cocoa weaker

New York cocoa weaker

Cocoa futures ended mostly lower on Monday, pressured by a rise in the US dollar even as smaller-than-expected notices for July delivery added support. "London finished up and we had to adjust lower to compensate for the rising dollar," said a trader, ref
Published 21 Jun, 2006 12:00am
Duty relief granted on machinery components

Duty relief granted on machinery components

The government has given exemption of customs duty on imports of raw materials, sub-components, sub-assemblies, components and assemblies (not manufactured locally) and used in the manufacture of prime movers including ''''road tractors for semi-trailers
Published 21 Jun, 2006 12:00am
South Korea flour millers seek wheat

South Korea flour millers seek wheat

South Korean flour millers have separately issued tenders to buy a total of 27,000 tonnes of US No 1 wheat, traders said on Tuesday. Korea flourmill's Co Ltd is seeking 17,500 tonnes of wheat, set for shipment between August 1 and August 31.
Published 21 Jun, 2006 12:00am
Duty relief granted on machinery components

Duty relief granted on machinery components

The government has given exemption of customs duty on imports of raw materials, sub-components, sub-assemblies, components and assemblies (not manufactured locally) and used in the manufacture of prime movers including ''road tractors for semi-trailers an
Published 21 Jun, 2006 12:00am
Brazil government details two new soya support programmes

Brazil government details two new soya support programmes

Brazil's National Crop Supply Agency (Conab) announced on Monday rules for two new programs to support prices of soybeans and other grains. It follows criticism of the so-called PROP options auctions system by producers, mainly in the center-west region,
Published 21 Jun, 2006 12:00am
Duty relief granted on machinery components

Duty relief granted on machinery components

The government has given exemption of customs duty on imports of raw materials, sub-components, sub-assemblies, components and assemblies (not manufactured locally) and used in the manufacture of prime movers including 'road tractors for semi-trailers and
Published 21 Jun, 2006 12:00am
Central American coffee nations back ICO extension

Central American coffee nations back ICO extension

Four Central American coffee growing nations supported on Monday a US proposal to reform the International Coffee Organisation (ICO) to boost its relevance in the market.
Published 21 Jun, 2006 12:00am
Duty relief granted on machinery components

Duty relief granted on machinery components

The government has given exemption of customs duty on imports of raw materials, sub-components, sub-assemblies, components and assemblies (not manufactured locally) and used in the manufacture of prime movers including 'road tractors for semi-trailers and
Published 21 Jun, 2006 12:00am
Australia cuts 2006-07 wheat crop forecast on dry start

Australia cuts 2006-07 wheat crop forecast on dry start

Another dry start to Australia's winter crop planting season will cut the national wheat crop for the new season by over 9 percent to 22.78 million tonnes compared with 2005/06, the government forecast on Tuesday.
Published 21 Jun, 2006 12:00am
ICP may be withdrawn from privatisation plan

ICP may be withdrawn from privatisation plan

The government is likely to de-list Investment Corporation of Pakistan (ICP) from the privatisation programme, and transfer it to the State Bank of Pakistan (SBP) for carrying out transaction.
Published 21 Jun, 2006 12:00am
China sees bumper wheat harvest

China sees bumper wheat harvest

China's winter wheat harvest is expected to grow 5 percent this year to as much as 97 million tonnes because good weather has improved the yield, industry officials said on Tuesday.
Published 21 Jun, 2006 12:00am
ICP may be withdrawn from privatisation plan

ICP may be withdrawn from privatisation plan

The government is likely to de-list Investment Corporation of Pakistan (ICP) from the privatisation programme, and transfer it to the State Bank of Pakistan (SBP) for carrying out transaction.
Published 21 Jun, 2006 12:00am
Comex copper down

Comex copper down

Comex copper futures closed down 4.2 percent on Monday, pressured by lingering speculative liquidation amid a firmer dollar and concerns over economic growth prospects out of China, sources said.
Published 21 Jun, 2006 12:00am
ICP may be withdrawn from privatisation plan

ICP may be withdrawn from privatisation plan

The government is likely to de-list Investment Corporation of Pakistan (ICP) from the privatisation programme, and transfer it to the State Bank of Pakistan (SBP) for carrying out transaction.
Published 21 Jun, 2006 12:00am
Tokyo gold off lows

Tokyo gold off lows

Tokyo gold futures rebounded from lows to close unchanged on Tuesday as the dollar-based spot price rallied, reflecting a fall in the dollar against the yen.
Published 21 Jun, 2006 12:00am
CSIBL barred from deposits raising

CSIBL barred from deposits raising

The Securities and Exchange Commission of Pakistan (SECP) has restricted the Crescent Standard Investment Bank Limited (CSIBL) from raising deposits "in violation of Non-Banking Finance Companies (NBFC) rules".
Published 21 Jun, 2006 12:00am
Gold falls in New York

Gold falls in New York

Gold futures in New York closed lower on Monday on speculative selling sparked by a firm dollar and softer oil prices, but the metal remained propped up by levels of technical chart support, dealers said.
Published 21 Jun, 2006 12:00am
CSIBL barred from deposits raising

CSIBL barred from deposits raising

The Securities and Exchange Commission of Pakistan (SECP) has restricted the Crescent Standard Investment Bank Limited (CSIBL) from raising deposits "in violation of Non-Banking Finance Companies (NBFC) rules".
Published 21 Jun, 2006 12:00am
Gold extends losses in Asian markets

Gold extends losses in Asian markets

Gold fell more than 1 percent on Tuesday and may trade around $550 an ounce in coming days as the US dollar strengthened on expectations the Federal Reserve would raise interest rates.
Published 21 Jun, 2006 12:00am
CSIBL barred from deposits raising

CSIBL barred from deposits raising

The Securities and Exchange Commission of Pakistan (SECP) has restricted the Crescent Standard Investment Bank Limited (CSIBL) from raising deposits "in violation of Non-Banking Finance Companies (NBFC) rules".
Published 21 Jun, 2006 12:00am
Copper slides

Copper slides

Copper prices, a barometer for industrial demand, gave up further ground on Tuesday after the red metal lost nearly 4 percent the previous day on concerns about economic growth in China and the United States.
Published 21 Jun, 2006 12:00am
Oil ends flat at $69, caught between demand, Iran fears

Oil ends flat at $69, caught between demand, Iran fears

Oil held steady near $69 a barrel on Tuesday, caught between fears that high prices and tighter policies in China and the United States will curb demand and the risk of a disruption to Iranian supplies.
Published 21 Jun, 2006 12:00am
Malaysian tin slips

Malaysian tin slips

Malaysian tin fell on Tuesday as traders took profits after a jump in prices overnight on the London Metals Exchange. Spot tin ended down $90 at $7,810 a tonne on turnover of 25 tonnes. Turnover was 30 tonnes on Monday.
Published 21 Jun, 2006 12:00am
Indian sugar futures end mixed

Indian sugar futures end mixed

Indian sugar futures were mixed on Tuesday due to selling pressure on the settlement date at a key commodities exchange, while soyaoil was down in expectation of higher supplies. Wheat futures gained marginally.
Published 21 Jun, 2006 12:00am
New York sugar lower as switches dominate

New York sugar lower as switches dominate

Raw sugar prices closed lower on Monday as trading was dominated by investors liquidating positions in the spot contract before it goes off the board at the end of next week, analysts said.
Published 21 Jun, 2006 12:00am
Soya slips below $6 as weather weighs

Soya slips below $6 as weather weighs

Chicago Board of Trade soyabean futures ended lower on Monday, with July soyabeans closing below $6 per bushel, pressured by good crop weather, traders said.
Published 21 Jun, 2006 12:00am
CBOT rice futures firm

CBOT rice futures firm

Rough rice futures at the Chicago Board of Trade closed firm Monday on follow-through technical buying from Friday, traders said. But volume was light, with commercial interest quiet, as industry players were attending a rice conference in Asheville, Nort
Published 21 Jun, 2006 12:00am
Asian rubber higher

Asian rubber higher

Tokyo rubber futures were mostly higher on Tuesday except for the benchmark contract, which fell on a stronger yen against the dollar, traders said.
Published 21 Jun, 2006 12:00am
Motorola unveils five new low-end phones

Motorola unveils five new low-end phones

Motorola Inc, the world's second-largest cellphone maker, on Tuesday launched five new low-end handsets priced at less than US $100 in order to expand in developing markets such as India, China, and Africa.
Published 21 Jun, 2006 12:00am
US housing starts rise 5 percent, permits drop

US housing starts rise 5 percent, permits drop

The pace of US housing construction rose more than expected in May after three months of declines, but permits for future projects fell, a government report showed on Tuesday. Economists said the data confirms a gradual slowing of the US housing sector.
Published 21 Jun, 2006 12:00am
IBM develops speedier transistor

IBM develops speedier transistor

IBM has built a transistor that runs about 100 times faster than current chips, a development that could pave the way for ultra-fast computers and wireless networks, the computing giant said on Monday.
Published 21 Jun, 2006 12:00am
Turkish jobless rate falls

Turkish jobless rate falls

Turkey's unemployment rate, measured on a three-month moving average, fell to 10.9 percent in the February to April period, from 11.9 percent in January to March, the Turkey Statistics Institute said on Tuesday. The figure was unchanged from the same peri
Published 21 Jun, 2006 12:00am
BoJ governor to take pay cut over fund furore

BoJ governor to take pay cut over fund furore

Bank of Japan Governor Toshihiko Fukui, under fire for what some see as poor judgement and ethical lapses over his personal finances, said on Tuesday he would take a pay cut for damaging the public's faith in the central bank.
Published 21 Jun, 2006 12:00am
BoJ governor to take pay cut over fund furore

BoJ governor to take pay cut over fund furore

Bank of Japan Governor Toshihiko Fukui, under fire for what some see as poor judgement and ethical lapses over his personal finances, said on Tuesday he would take a pay cut for damaging the public's faith in the central bank.
Published 21 Jun, 2006 12:00am
EU bans more airlines from operating in its skies

EU bans more airlines from operating in its skies

The European Union has banned three more airlines from operating in the 25-nation bloc and put restrictions on a fourth, updating its blacklist of carriers to try to boost safety in European skies. The executive European Commission said on Tuesday Surinam
Published 21 Jun, 2006 12:00am
ECB in 'gradual' policy transition

ECB in 'gradual' policy transition

The European Central Bank's monetary policy is in a process of gradual transition which takes account of turbulence in financial markets, ECB Governing Council member Vitor Constancio said on Tuesday.
Published 21 Jun, 2006 12:00am
China orders risk control at major state firms

China orders risk control at major state firms

China has issued guidelines ordering major state-owned firms to tighten risk control as they become integrated with the global economy. "Along with globalisation, our enterprises face an increasing variety of risks," the State-owned Assets Supervision and
Published 21 Jun, 2006 12:00am
Neural networks invade hedge fund industry

Neural networks invade hedge fund industry

Imagine a mathematical system that works like a human brain, can absorb thousands of bits of information in seconds, learn from its mistakes, adapt to new environments and help a manager allocate money to hedge funds.
Published 21 Jun, 2006 12:00am
Neural networks invade hedge fund industry

Neural networks invade hedge fund industry

Imagine a mathematical system that works like a human brain, can absorb thousands of bits of information in seconds, learn from its mistakes, adapt to new environments and help a manager allocate money to hedge funds.
Published 21 Jun, 2006 12:00am
UK public borrowing hits record level for May

UK public borrowing hits record level for May

British government borrowing hit a record high for May last month, increasing pressure on Chancellor of the Exchequer Gordon Brown to restrain spending over the rest of the year.
Published 21 Jun, 2006 12:00am
Military move on Iran could triple oil price

Military move on Iran could triple oil price

World oil prices could triple if the current diplomatic stand-off over Iran's nuclear program escalates into a military conflict, Saudi Arabia's ambassador to the United States said on Tuesday.
Published 21 Jun, 2006 12:00am
Sinopec enters Russia with Udmurtneft purchase

Sinopec enters Russia with Udmurtneft purchase

Sinopec made China's first foray into Russian oil on Tuesday by buying a mid-sized unit of BP's Russian vehicle TNK-BP. TNK-BP did not disclose the price of the Udmurtneft deal. It has previously said it was seeking more than $3 billion for Udmurtneft, wh
Published 21 Jun, 2006 12:00am
World oil use to jump to 118 million barrels per day by 2030: EIA

World oil use to jump to 118 million barrels per day by 2030: EIA

World oil demand should soar from this year's almost 86 million barrels per day to 118 million bpd by 2030, even though higher fuel prices will cut back some petroleum usage, the US government's top energy forecasting agency predicted on Tuesday.
Published 21 Jun, 2006 12:00am
Taiwan stocks close 3.33 percent down

Taiwan stocks close 3.33 percent down

Taiwan stocks skidded 3.33 percent on Tuesday, snapping two sessions of gains as worries over domestic poll corruption and incompetence later on Tuesday in a television address, but opposition parties are seeking to speed up the process of a no-confidence
Published 21 Jun, 2006 12:00am
Hong Kong shares finish lower

Hong Kong shares finish lower

Hong Kong share prices closed 1.01 percent lower on Tuesday led by banks and property stocks as interest rate worries came to the fore again in the run-up to US Federal Reserve's policy meeting next week, dealers said. They said China stocks extended Mond
Published 21 Jun, 2006 12:00am
US stocks drop on rate fears

US stocks drop on rate fears

US stocks fell sharply on Monday, with the S&P 500 and the Nasdaq down 1 percent in late trading, on renewed worries about inflation and higher interest rates. A drop in crude oil prices gave investors a reason to sell shares of oil companies such as Exxo
Published 21 Jun, 2006 12:00am
Indian shares weaken

Indian shares weaken

Indian share prices slumped 1.75 percent on Tuesday amid renewed concerns about a global economic slowdown if central banks raise interest rates further, dealers said. They said selling pressure was seen in benchmark stocks, which had risen nearly 12 perc
Published 21 Jun, 2006 12:00am
US Treasuries slip as Fed inflation talk dominates

US Treasuries slip as Fed inflation talk dominates

US Treasury debt prices slipped on Monday as further tough talk on inflation from the Federal Reserve reinforced expectations that the central bank will raise interest rates for a 17th time next week.
Published 21 Jun, 2006 12:00am
US Treasuries slip as Fed inflation talk dominates

US Treasuries slip as Fed inflation talk dominates

US Treasury debt prices slipped on Monday as further tough talk on inflation from the Federal Reserve reinforced expectations that the central bank will raise interest rates for a 17th time next week.
Published 21 Jun, 2006 12:00am
Singapore shares dip

Singapore shares dip

Singapore share prices closed down 1.72 percent on Tuesday tracking similar losses in the region after overnight falls on Wall Street battered market sentiment, dealers said. They said further comments from officials at the US Federal Reserve had again ra
Published 21 Jun, 2006 12:00am
Thai share prices tumble

Thai share prices tumble

Thai share prices closed 1.96 percent lower on Tuesday as investors dumped stocks amid sustained fears over a further hike in US interest rates, dealers said. They said the market was also downbeat as investors were worried about a slump in the US economy
Published 21 Jun, 2006 12:00am
Philippines shares decline

Philippines shares decline

Philippines share prices closed 2.44 percent lower on Tuesday as investors either stayed on the sidelines following the latest downturn on Wall Street or unloaded stocks in anticipation of another US interest rate increase, dealers said.
Published 21 Jun, 2006 12:00am
Nikkei slumps as exporters hit

Nikkei slumps as exporters hit

The Nikkei average fell for the second day in a row on Tuesday, losing 1.43 percent as exporters such as Toyota Motor Corp declined on concerns about a slowdown in the key US market.
Published 21 Jun, 2006 12:00am
Malaysian shares flat

Malaysian shares flat

Malaysian share prices closed flat on Tuesday as late buying in blue chips reduced the market's early losses but sentiment remained generally cautious, dealers said.
Published 21 Jun, 2006 12:00am
Jakarta shares slightly changed

Jakarta shares slightly changed

Jakarta share prices closed 0.01 percent weaker on Tuesday but off the day's lows, as the benchmark index recovered nearly all of its early losses with a late blue chip rebound, dealers said.
Published 21 Jun, 2006 12:00am
Fukui remarks lift yen

Fukui remarks lift yen

The yen rose on Tuesday after comments from Bank of Japan Governor Toshihiko Fukui suggested Japanese interest rates could go up soon, lifting the South Korean won half a percent and propping up some other Asian currencies.
Published 21 Jun, 2006 12:00am
Swiss franc hovers near seven-week low

Swiss franc hovers near seven-week low

The Swiss franc changed hands near a two-week low against the euro and close to a seven-week low against the dollar early on Tuesday ahead of a string of data this week, including trade and core inflation data for May.
Published 21 Jun, 2006 12:00am
Chinese yuan edges up versus dollar

Chinese yuan edges up versus dollar

The yuan closed slightly higher against the dollar on Tuesday, taking its cue from a rebound of the yen on global markets, and dealers said they expected the yuan to move in a narrow range in coming days.
Published 21 Jun, 2006 12:00am
Dollar slips versus yen after Fukui speaks

Dollar slips versus yen after Fukui speaks

The dollar slipped against the yen on Tuesday after comments by Bank of Japan Governor Toshihiko Fukui suggested the BoJ would lift interest rates in coming months despite a flap over his links to a disgraced fund manager.
Published 21 Jun, 2006 12:00am
Dollar rallies as more Fed rate rises eyed

Dollar rallies as more Fed rate rises eyed

The dollar climbed across the board on Monday, buoyed by expectations that the Federal Reserve will keep raising interest rates to quash the risk of higher inflation. With little major US economic data due this week and many market players with one eye gl
Published 21 Jun, 2006 12:00am
Hong Kong dollar hovers near nine-month lows

Hong Kong dollar hovers near nine-month lows

The Hong Kong dollar held near a nine-month lows against the US currency on Tuesday, pressured by decline in the city's stock market. The domestic currency fell to 7.7667 to the US dollar.
Published 21 Jun, 2006 12:00am
Australian dollar off lows

Australian dollar off lows

The Australian dollar nudged higher on Tuesday but renewed weakness in commodities and pressure from rising US interest rates capped its gains at 74 US cents. Yen strength versus the US dollar on more hawkish than expected comments from Bank of Japan Gove
Published 21 Jun, 2006 12:00am
Jayasuriya century sees Sri Lanka to imposing score

Jayasuriya century sees Sri Lanka to imposing score

Sanath Jayasuriya's 122 saw Sri Lanka to a total of 319 for eight, their best against England, in the second one-day international at The Oval here on Tuesday. The tourists' total was built around a second-wicket stand of 160 between Jayasuriya and skippe
Published 21 Jun, 2006 12:00am
Kuznetsova beats Sugiyama

Kuznetsova beats Sugiyama

Roland Garros finalist Svetlana Kuznetsova overcame a nightmare beginning to qualify for the quarter-finals of a windy Eastbourne on Tuesday. The Russian recovered from losing the opening set amid a flurry of errors to oust Japan's Ai Sugiyama 1-6, 6-1, 6
Published 21 Jun, 2006 12:00am
Poland rescue some pride with win over Costa Rica

Poland rescue some pride with win over Costa Rica

Poland rescued some pride with a 2-1 victory over Costa Rica as both sides said goodbye to the 2006 FIFA World Cup here on Tuesday. With both sides already eliminated after two defeats, they went into this Group A match aiming to end on a high at least, a
Published 21 Jun, 2006 12:00am
Germany ease past Ecuador and top group

Germany ease past Ecuador and top group

Germany recorded a third straight win to finish top of World Cup Group A with their Polish connection of Miroslav Klose and Lukas Podolski gunning down a weakened Ecuador 3-0 here on Tuesday.
Published 21 Jun, 2006 12:00am
Former Bush official guilty in US lobbying scandal

Former Bush official guilty in US lobbying scandal

A US jury on Tuesday convicted a former Bush administration official of four counts of lying and obstructing justice in the first trial to be held in connection with the influence peddling scandal of lobbyist Jack Abramoff.
Published 21 Jun, 2006 12:00am
Refugees face bleak future at home without aid: UN

Refugees face bleak future at home without aid: UN

UNCHR chief Antonio Guterres marked World Refugee Day by welcoming back civilians who fled Liberia's civil war and urging the world to help millions across the planet heading home to a bleak future.
Published 21 Jun, 2006 12:00am
UN Council renews, seeks to expand East Timor mission

UN Council renews, seeks to expand East Timor mission

The UN Security Council renewed for two months on Tuesday its political mission in East Timor while UN Secretary-General Kofi Annan considers adding security personnel to the UN operation.
Published 21 Jun, 2006 12:00am
CBS veteran Dan Rather leaves network after 44 years

CBS veteran Dan Rather leaves network after 44 years

Broadcasting giant Dan Rather will leave CBS News after 44 years as anchor and reporter where he built a reputation as a hard-driving journalist known for his quirky turn of phrase, the network said on Tuesday.
Published 21 Jun, 2006 12:00am
'Wall Street' holds clues to Guinea's fortunes

'Wall Street' holds clues to Guinea's fortunes

Those wanting to follow the twists and turns of Guinea's political fortunes as it emerges from a crippling nation-wide strike would do well to consult the prices on "Wall Street".
Published 21 Jun, 2006 12:00am
BBC presenter apologises over Soham murderer spoof

BBC presenter apologises over Soham murderer spoof

A BBC radio presenter apologised on Tuesday after running a spoof news item on his show saying Soham child killer Ian Huntley had been murdered in his prison cell. The spoof was read out on Radio Two's Jeremy Vine Show on Tuesday as part of a discussion o
Published 21 Jun, 2006 12:00am
Slovak leftists to start coalition talks

Slovak leftists to start coalition talks

Slovak leftist leader Robert Fico said he would start coalition talks with opposition parties on Tuesday and played down the chances of forming a government with the centre right, an outcome favoured by financial markets.
Published 21 Jun, 2006 12:00am
Mauritania detains former leader's relatives over plot

Mauritania detains former leader's relatives over plot

Security forces in Mauritania have detained five male relatives of former President Maaouya Ould Sid'Ahmed Taya for plotting to destabilise the country days before a national referendum.
Published 21 Jun, 2006 12:00am
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