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Print - 2006-06-30
Fed raises interest rates

Fed raises interest rates

The Federal Reserve raised benchmark US interest rates a 17th straight time on Thursday and said inflation risks remain even though slowing economic growth should help ease price pressures.
Published 30 Jun, 2006 12:00am
HRW wheat steady amid slow selling

HRW wheat steady amid slow selling

US Plains hard red winter wheat spot basis bids were steady on Thursday as farmer selling remained slow, wheat merchants said. The harvest neared completion in key producing states, but farmers have not sold much of their freshly cut wheat on the spot mar
Published 30 Jun, 2006 12:00am
Fed raises interest rates

Fed raises interest rates

The Federal Reserve raised benchmark US interest rates a 17th straight time on Thursday and said inflation risks remain even though slowing economic growth should help ease price pressures.
Published 30 Jun, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 47,454 tonnes of cargo including 30,965 tonnes import, 16,489 tonnes export cargo and 4,163 containers during last 24 hours ending at 0700 hours on Thursday. The cargo comprised of 41,090 tonnes dry cargo including 33,759 tonnes g
Published 30 Jun, 2006 12:00am
Fed raises interest rates

Fed raises interest rates

The Federal Reserve raised benchmark US interest rates a 17th straight time on Thursday and said inflation risks remain even though slowing economic growth should help ease price pressures.
Published 30 Jun, 2006 12:00am
Sri Lankan tea output falls

Sri Lankan tea output falls

Sri Lankan tea production fell 7.0 percent in May compared with a year, the Sri Lanka Tea Board said on Thursday, citing seasonal drought, but expected production to pick up again in the coming quarter.
Published 30 Jun, 2006 12:00am
15 percent tax on tickets purchased abroad

15 percent tax on tickets purchased abroad

The Central Board of Revenue (CBR) on Thursday ordered airlines to collect 15 percent federal excise tax from passengers leaving Pakistan after midnight June 30, 2006 on tickets purchased outside Pakistan.
Published 30 Jun, 2006 12:00am
FOB Gulf corn and soyabean offers mostly steady

FOB Gulf corn and soyabean offers mostly steady

US FOB Gulf corn and soyabean basis offers held mostly steady on Wednesday amid fewer ocean vessels available to transport grain, traders said. Panamax-size vessels, which can hold 55,000 to 80,000 tonnes, were harder to secure due to a combination of ris
Published 30 Jun, 2006 12:00am
15 percent tax on tickets purchased abroad

15 percent tax on tickets purchased abroad

The Central Board of Revenue (CBR) on Thursday ordered airlines to collect 15 percent federal excise tax from passengers leaving Pakistan after midnight June 30, 2006 on tickets purchased outside Pakistan.
Published 30 Jun, 2006 12:00am
15 percent tax on tickets purchased abroad

15 percent tax on tickets purchased abroad

The Central Board of Revenue (CBR) on Thursday ordered airlines to collect 15 percent federal excise tax from passengers leaving Pakistan after midnight June 30, 2006 on tickets purchased outside Pakistan.
Published 30 Jun, 2006 12:00am
Prices move both ways on grain market

Prices move both ways on grain market

Prices moved both ways on the grain market on Thursday as a few number of buyers visited the market to make the new deals, dealers said. On the grams side, gram dal Punjab lost Rs 25 to Rs 3225-3325. Yellow peas Canada low type shed Rs 25 to Rs 1400 and g
Published 30 Jun, 2006 12:00am
Privatisation Commission clarifies

Privatisation Commission clarifies

A Privatisation Commission spokesman on Thursday contradicted a news item appearing in a section of English press regarding sale off PSM shares through bourses. He was referring to a news report attributed to some sources titled "Move to sell PSM shares v
Published 30 Jun, 2006 12:00am
Privatisation Commission clarifies

Privatisation Commission clarifies

A Privatisation Commission spokesman on Thursday contradicted a news item appearing in a section of English press regarding sale off PSM shares through bourses. He was referring to a news report attributed to some sources titled "Move to sell PSM shares v
Published 30 Jun, 2006 12:00am
Thai rice prices lower, sentiment remains firm

Thai rice prices lower, sentiment remains firm

Most grades of Thai rice were quoted slightly lower on Thursday after a government sale tender, but sentiment remained firm, supported by supply concerns, traders said. Thai 100 percent B grade was quoted at $314 per tonne, free on board, down from last w
Published 30 Jun, 2006 12:00am
Privatisation Commission clarifies

Privatisation Commission clarifies

A Privatisation Commission spokesman on Thursday contradicted a news item appearing in a section of English press regarding sale off PSM shares through bourses. He was referring to a news report attributed to some sources titled "Move to sell PSM shares v
Published 30 Jun, 2006 12:00am
CBOT wheat settles lower in profit-taking setback

CBOT wheat settles lower in profit-taking setback

Wheat futures at the Chicago Board of Trade closed lower on Wednesday in a profit-taking setback after weather worries in the northern US Plains drove up prices earlier this week, traders said.
Published 30 Jun, 2006 12:00am
MCB to appoint overseas bank to sell $100 million GDRs

MCB to appoint overseas bank to sell $100 million GDRs

MCB Bank would soon pick Merrill Lynch Co, or Goldman Sachs Group Inc, to advise the lender to sell as much as $100 million worth of Global Depository Receipts in first quarter of the new fiscal year, it would be the first bank to sell GDRs. The bank is p
Published 30 Jun, 2006 12:00am
Oil cake market rates

Oil cake market rates

Upward trend was seen on the forward cottonseed oilcake market on Thursday as there was continued purchasing to meet the near-term demand, dealers said.
Published 30 Jun, 2006 12:00am
MCB to appoint overseas bank to sell $100 million GDRs

MCB to appoint overseas bank to sell $100 million GDRs

MCB Bank would soon pick Merrill Lynch Co, or Goldman Sachs Group Inc, to advise the lender to sell as much as $100 million worth of Global Depository Receipts in first quarter of the new fiscal year, it would be the first bank to sell GDRs. The bank is p
Published 30 Jun, 2006 12:00am
Mills lift all offered lots on cotton market

Mills lift all offered lots on cotton market

Steady trend was again witnessed on the cotton market on Thursday as the mills grabbed all lots offered by the ginners at the psychological level, dealers said. The official spot was unchanged at Rs 2600, without upcountry expenses.
Published 30 Jun, 2006 12:00am
MCB to appoint overseas bank to sell $100 million GDRs

MCB to appoint overseas bank to sell $100 million GDRs

MCB Bank would soon pick Merrill Lynch Co, or Goldman Sachs Group Inc, to advise the lender to sell as much as $100 million worth of Global Depository Receipts in first quarter of the new fiscal year, it would be the first bank to sell GDRs. The bank is p
Published 30 Jun, 2006 12:00am
Strong sentiment prevails in cotton market

Strong sentiment prevails in cotton market

Strong sentiment continued to prevail in the market as both current (2005-06) and new crop (2006-07) cotton were traded on Thursday. With yarn prices also reported to be holding on steadily, lint prices were said to be showing a stable condition.
Published 30 Jun, 2006 12:00am
MCB to appoint overseas bank to sell $100 million GDRs

MCB to appoint overseas bank to sell $100 million GDRs

MCB Bank would soon pick Merrill Lynch Co, or Goldman Sachs Group Inc, to advise the lender to sell as much as $100 million worth of Global Depository Receipts in first quarter of the new fiscal year, it would be the first bank to sell GDRs. The bank is p
Published 30 Jun, 2006 12:00am
Strong sentiment prevails in cotton market

Strong sentiment prevails in cotton market

Strong sentiment continued to prevail in the market as both current (2005-06) and new crop (2006-07) cotton were traded on Thursday. With yarn prices also reported to be holding on steadily, lint prices were said to be showing a stable condition.
Published 30 Jun, 2006 12:00am
New simplified baggage rules issued

New simplified baggage rules issued

The government has issued new simplified baggage rules for incoming passengers, including overseas Pakistanis and foreigners working in Pakistan increasing the number of items admissible under duty-free allowances.
Published 30 Jun, 2006 12:00am
USDA to confirm rising US soyabean stocks

USDA to confirm rising US soyabean stocks

A quarterly grain stocks report due out this week from the US Department of Agriculture is likely to confirm huge supplies of US soybeans, grain analysts said. The trade also expects the USDA to report an increase in US corn stocks from year-earlier level
Published 30 Jun, 2006 12:00am
New simplified baggage rules issued

New simplified baggage rules issued

The government has issued new simplified baggage rules for incoming passengers, including overseas Pakistanis and foreigners working in Pakistan increasing the number of items admissible under duty-free allowances.
Published 30 Jun, 2006 12:00am
MGE wheat closes mostly lower

MGE wheat closes mostly lower

Spring wheat futures at the Minneapolis Grain Exchange closed mostly lower on Wednesday in a technical setback from sharp, weather-driven advances this week, traders said. Traders also cited some updated forecasts calling for a bit more rain in the northe
Published 30 Jun, 2006 12:00am
New simplified baggage rules issued

New simplified baggage rules issued

The government has issued new simplified baggage rules for incoming passengers, including overseas Pakistanis and foreigners working in Pakistan increasing the number of items admissible under duty-free allowances.
Published 30 Jun, 2006 12:00am
New York cocoa futures rise to seven-week peak

New York cocoa futures rise to seven-week peak

US cocoa futures advanced to a seven-week high on Wednesday, fuelled by follow-through speculative buying amid bullish technical signals on the price charts and broad gains in the commodity sector, dealers said.
Published 30 Jun, 2006 12:00am
New York coffee rallies to three-week peak

New York coffee rallies to three-week peak

US arabica coffee futures settled up more than 2 percent at a three-week high on Wednesday, bolstered by speculative buying on colder-than-expected temperatures in top coffee producer Brazil, market sources said.
Published 30 Jun, 2006 12:00am
Malaysian tin rises despite LME decline

Malaysian tin rises despite LME decline

Malaysian tin rose 0.9 percent on Thursday, despite losses on the London Metal Exchange, as good buying supported the market. Spot tin on the Kuala Lumpur Tin Exchange ended up $70 at $7,920, after having lost $20 in the previous session. Volume was margi
Published 30 Jun, 2006 12:00am
US copper ends at highs

US copper ends at highs

Comex copper futures closed near session peaks on Wednesday, but conditions were extremely thin and volatile ahead of Thursday's decision by the Federal Reserve on how much higher interest rates will go, sources said.
Published 30 Jun, 2006 12:00am
Comex gold futures softer

Comex gold futures softer

Comex gold futures finished lower on Wednesday in ongoing choppy trade ahead of Thursday's US Federal Open Market Committee decision about how much higher to raise interest rates and before a US holiday.
Published 30 Jun, 2006 12:00am
Tokyo gold slips amid cautious trading

Tokyo gold slips amid cautious trading

Tokyo gold futures inched down another notch on Thursday after moving within a narrow band in cautious trade ahead of a Federal Reserve's decision on interest rates that is likely to dictate market direction.
Published 30 Jun, 2006 12:00am
Gold rebounds in Asian markets

Gold rebounds in Asian markets

Gold rose on Thursday, tracking some gains in Japanese futures, but trading was slow as dealers waited to see if the US Federal Reserve would raise interest rates later in the day, as expected.
Published 30 Jun, 2006 12:00am
Bangladesh slashes raw sugar import duty

Bangladesh slashes raw sugar import duty

Bangladesh cut its import duty on raw sugar by almost half on Wednesday amid growing public protests against soaring sugar prices, in a move hailed by the business leaders.
Published 30 Jun, 2006 12:00am
Oil rises as US inventory drop shows high demand

Oil rises as US inventory drop shows high demand

Oil climbed further above $72 on Thursday after falls in US crude and gasoline inventories underlined worries over summer fuel supplies in the world's top consumer. US crude was up 16 cents at $72.35 a barrel, adding to gains of 27 cents on Wednesday.
Published 30 Jun, 2006 12:00am
China buys corn

China buys corn

Chinese buyers have booked up to 5,000 tonnes of US corn in containers since Guangdong quarantine authorities released the first parcel of the grain for use by a feed mill about 10 days ago.
Published 30 Jun, 2006 12:00am
Copper up in thin business

Copper up in thin business

Copper prices inched up in very thin trade on Thursday as investors stayed largely on the sidelines to wait for the US Federal Reserve's decision later in the day on interest rates.
Published 30 Jun, 2006 12:00am
Indonesian palm oil firms

Indonesian palm oil firms

Indonesian palm oil prices were mostly firm on Thursday as the rupiah currency lost ground against the US dollar and Malaysia crude palm oil futures gained on soyaoil, traders said.
Published 30 Jun, 2006 12:00am
Asian sugar supply up

Asian sugar supply up

Asian sugar supplies are expected to rise over the next week due to bigger-than-expected crops in Thailand and India, while major buyer Vietnam cuts back on new purchases, traders said.
Published 30 Jun, 2006 12:00am
New York sugar climbs

New York sugar climbs

Raw sugar prices settled slightly higher on Wednesday on modest trade buying as players kept their focus on the spot contract's expiration by the end of the week, brokers said.
Published 30 Jun, 2006 12:00am
Soya futures make gains

Soya futures make gains

Soyabean futures at the Chicago Board of Trade ended firm on Wednesday in choppy consolidation trade ahead of the release on Friday of several important government reports, traders said.
Published 30 Jun, 2006 12:00am
CBOT rice rebounds

CBOT rice rebounds

Rough rice futures on the Chicago Board of Trade closed higher in rangebound trade on Wednesday as commercial buying helped prices to rebound from sharp declines on Tuesday, traders said.
Published 30 Jun, 2006 12:00am
Tokyo rubber higher

Tokyo rubber higher

Tokyo rubber futures edged up on Thursday as tight supply continued to induce short-covering following losses the previous day, but the market faced some technical selling pressure.
Published 30 Jun, 2006 12:00am
Malaysian palm oil up on strong buying

Malaysian palm oil up on strong buying

Malaysian crude palm oil futures ended on Thursday higher, on the back of heavy buying and firm prices of rival soyaoil. Overall volumes at the Bursar Malaysia Derivatives Exchange nearly doubled to 9,770 lots of 25 tonnes each from 5,619 lots traded on W
Published 30 Jun, 2006 12:00am
Malaysia's Petronas profit up

Malaysia's Petronas profit up

Malaysia's state energy firm Petroliam Nasional Bhd. (Petronas) reported on Thursday a jump of 23 percent in 2006 full-year profit, spurred by soaring crude oil prices and strong demand.
Published 30 Jun, 2006 12:00am
Malaysia's Petronas profit up

Malaysia's Petronas profit up

Malaysia's state energy firm Petroliam Nasional Bhd. (Petronas) reported on Thursday a jump of 23 percent in 2006 full-year profit, spurred by soaring crude oil prices and strong demand.
Published 30 Jun, 2006 12:00am
Turkmenistan to cut off gas supplies to Russia

Turkmenistan to cut off gas supplies to Russia

Turkmenistan said on Thursday it would cut off natural gas supplies to Russia from September after the two failed to reach a new price deal, raising the possibility that shipments to Europe might be disrupted.
Published 30 Jun, 2006 12:00am
Judge approves Yahoo 'click fraud' settlement

Judge approves Yahoo 'click fraud' settlement

A federal judge on Wednesday gave preliminary approval to a settlement in a lawsuit that accused Yahoo Inc of not adequately protecting advertisers from a practice known as "click fraud," the Wall Street Journal reported.
Published 30 Jun, 2006 12:00am
German, Japanese car brands top satisfaction survey

German, Japanese car brands top satisfaction survey

German and Japanese auto makers dominated an influential survey of US customer satisfaction released on Wednesday, while only two American brands ranked in the top 10. Porsche AG had the most highly prized cars, according to the survey by market research
Published 30 Jun, 2006 12:00am
Google Checkout to make debut

Google Checkout to make debut

Google Inc set to launch a long-awaited service called Google Checkout, which some analysts said could help online merchants boost sales and convince them to commit more advertising money to the Web search leader.
Published 30 Jun, 2006 12:00am
Google Checkout to make debut

Google Checkout to make debut

Google Inc set to launch a long-awaited service called Google Checkout, which some analysts said could help online merchants boost sales and convince them to commit more advertising money to the Web search leader.
Published 30 Jun, 2006 12:00am
Boeing sees up to $1.1 billion charge

Boeing sees up to $1.1 billion charge

Boeing Co said on Thursday it will take up to $1.1 billion in charges to cover the costs of delayed surveillance aircraft for Australia and Turkey and the previously announced settlement of two US government investigations into its defence unit.
Published 30 Jun, 2006 12:00am
US economic growth revised up again

US economic growth revised up again

The US economy grew at a revised 5.6 percent annual rate in the first quarter as the fastest pace of growth in 2-1/2 years generated robust corporate profits, the Commerce Department said on Thursday.
Published 30 Jun, 2006 12:00am
EADS files suit after document leak

EADS files suit after document leak

Airbus parent EADS is suing "unknown persons" for leaking an internal document that suggested tensions at the Franco-German company as it tries to resolve a crisis sparked by delays to the A380 superjumbo. EADS said on Thursday it had filed a legal compla
Published 30 Jun, 2006 12:00am
Saudi Arabia raises interest rates

Saudi Arabia raises interest rates

Saudi Arabia's central bank hiked interest rates on Thursday, with a rebounding stock market giving the bank greater flexibility to try to clamp down on money supply.
Published 30 Jun, 2006 12:00am
Eurozone private lending hits new record

Eurozone private lending hits new record

Private lending in the eurozone hit a fresh record high in May, expanding at an 11.4 percent rate year over year, the European Central Bank said on Thursday in data that raised pressure for higher interest rates.
Published 30 Jun, 2006 12:00am
World Cup gives boost to German labour market

World Cup gives boost to German labour market

The number of unemployed in Germany fell in June by a larger-than-expected 49,000 month-on-month in seasonally adjusted terms as the soccer World Cup gave the labour market a kick.
Published 30 Jun, 2006 12:00am
US newspaper help-wanted ads slipped in May

US newspaper help-wanted ads slipped in May

The number of help-wanted ads in US newspapers fell in May, a private research group said on Thursday. The Conference Board said its gauge measuring help-wanted ad volume in the United States was 33 in May, down from 35 in April. The index was 38 a year a
Published 30 Jun, 2006 12:00am
Free trade spurs record growth in Asia-Pacific: UN

Free trade spurs record growth in Asia-Pacific: UN

Free trade has spurred record economic growth in the Asia-Pacific but also widened income inequality as unskilled workers are left behind by globalisation, a UN report said Thursday.
Published 30 Jun, 2006 12:00am
Chinese shares rise 1.97 percent

Chinese shares rise 1.97 percent

China shares rose 1.97 percent on Thursday as funds that had been locked up in Bank of China's subscription returned to the market. But modest turnover disappointed many traders. The benchmark Shanghai Composite Index closed at 1,671.618 points.
Published 30 Jun, 2006 12:00am
Singapore shares end firmer

Singapore shares end firmer

Singapore share prices closed 1.53 percent higher on Thursday as gains in regional markets following Wall Street gains bolstered sentiment ahead of an expected US interest rate hike later in the day, dealers said. The Straits Times Index rose 35.97 points
Published 30 Jun, 2006 12:00am
Hong Kong shares close at three-week high

Hong Kong shares close at three-week high

Hong Kong stocks rebounded 0.78 percent on Thursday, ending a four-day losing streak, to close at their highest level in three weeks. Mainland financial shares including China Construction Bank Corp again propelled the Hong Kong-listed mainland H shares,
Published 30 Jun, 2006 12:00am
US stocks gain on oil, but Fed meeting weighs

US stocks gain on oil, but Fed meeting weighs

US stocks advanced on Wednesday as the energy sector benefited from rising oil prices. But gains were limited as investors hesitated to place major bets a day before the Federal Reserve's statement on the future direction of interest rates.
Published 30 Jun, 2006 12:00am
Indian shares rally

Indian shares rally

Indian share prices closed 0.32 percent higher on Thursday in cautious trade ahead of a key US Federal Reserve meeting where interest rates are expected to be hiked, dealers said. They said the market gave up early gains and turned cautious with the expir
Published 30 Jun, 2006 12:00am
US Treasuries dip on eve of Fed rate decision

US Treasuries dip on eve of Fed rate decision

US Treasury debt prices finished lower on Wednesday as the Federal Reserve began a two-day meeting at which policy-makers are expected to raise interest rates. The market anticipates the Fed will raise its benchmark federal funds rate by a quarter percent
Published 30 Jun, 2006 12:00am
US Treasuries dip on eve of Fed rate decision

US Treasuries dip on eve of Fed rate decision

US Treasury debt prices finished lower on Wednesday as the Federal Reserve began a two-day meeting at which policy-makers are expected to raise interest rates. The market anticipates the Fed will raise its benchmark federal funds rate by a quarter percent
Published 30 Jun, 2006 12:00am
Malaysian shares jump

Malaysian shares jump

Malaysian share prices closed 0.40 percent higher on Thursday, supported by firmer regional markets and mid-year window-dressing activity by fund managers, dealers said. The market was holding firm at its current level but the underlying trend is still do
Published 30 Jun, 2006 12:00am
Jakarta shares surge

Jakarta shares surge

Indonesian share prices closed 0.21 percent higher on Thursday in line with strengthening regional markets following Wall Street gains overnight, dealers said. However, falls in Telkom and Bank Rakyat Indonesia capped the market's rise, they said.
Published 30 Jun, 2006 12:00am
Philippines shares climb

Philippines shares climb

Philippines share prices closed 0.9 percent higher on Thursday, snapping a three-day losing streak in a technical rebound inspired by the overnight upturn on Wall Street, dealers said.
Published 30 Jun, 2006 12:00am
Tokyo stocks soar on tech gains

Tokyo stocks soar on tech gains

The Nikkei share average rose 1.58 percent on Thursday as tech stocks such as Sony Corp followed their US counterparts higher, and Takeda Pharmaceutical Co Ltd bounced back as concerns faded over additional tax payments the company may face.
Published 30 Jun, 2006 12:00am
Thai shares slightly up

Thai shares slightly up

Thai share prices closed 0.59 percent higher on Thursday, led by gains in the energy sector as investors adjusted their portfolios for the end of the second quarter, dealers said. They said investors continued to trade with caution as they awaited a US Fe
Published 30 Jun, 2006 12:00am
Swiss franc flat before inflation data

Swiss franc flat before inflation data

The Swiss franc continued to hover just above an eight-week low against the single European currency in early trade on Thursday ahead of inflation data and key economic growth forecasts. The franc traded at 1.5633 to the euro, virtually unchanged on the d
Published 30 Jun, 2006 12:00am
Yuan ends at post-revaluation high versus dollar

Yuan ends at post-revaluation high versus dollar

China's yuan closed on Thursday at its highest level against the dollar since its revaluation in July 2005, propelled by expectations for yuan appreciation after this week's US Federal Reserve meeting.
Published 30 Jun, 2006 12:00am
Dollar near two-month high

Dollar near two-month high

The dollar hovered near a two-month high against the yen on Thursday as traders awaited an expected bump up in US interest rates and what signals the Federal Reserve will send about further tightening in August. The Fed concludes a two-day meeting later i
Published 30 Jun, 2006 12:00am
Dollar edges higher ahead of Fed rate decision

Dollar edges higher ahead of Fed rate decision

The dollar inched up in quiet trade on Wednesday in anticipation that the Federal Reserve will leave the door open for more interest rate increases after a widely expected hike at the end of its meeting on Thursday.
Published 30 Jun, 2006 12:00am
Australian dollar decline

Australian dollar decline

The Australian dollar hovered just above a two-and-a-half month low on Thursday as investors count down to an expected US rate rise and wait on the Federal Reserve's outlook on interest rates. The local currency nudged up in a tight $0.7273-$0.7293 range
Published 30 Jun, 2006 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 69.49/69.85 (previous 69.49/69.85). Call Money Rates: 6.00-11.00 percent (previous 6.00-13.00 percent).
Published 30 Jun, 2006 12:00am
Asian currencies in tight range

Asian currencies in tight range

Asian currencies stuck to tight ranges on Thursday, with traders reluctant to move ahead of this session's likely US Federal Reserve interest-rate rise and policy statement that could signal further increases ahead.
Published 30 Jun, 2006 12:00am
Hong Kong dollar falls

Hong Kong dollar falls

The Hong Kong dollar edged lower on Thursday, but the discount on local dollar forwards widened amid some selling pressure in late afternoon trade. The domestic currency was trading at 7.7681/83 to the US dollar, softening from the previous day's close at
Published 30 Jun, 2006 12:00am
I'll be back, vows beaten Henman

I'll be back, vows beaten Henman

Tim Henman has vowed to bounce back from his crushing second round Wimbledon defeat to Roger Federer and resurrect his fading Grand Slam dreams.
Published 30 Jun, 2006 12:00am
Friendship forgotten as galacticos plot each other's demise

Friendship forgotten as galacticos plot each other's demise

There's friendship and there's football - and, at least at the World Cup, never the twain shall meet until the final whistle has sounded. Zinedine Zidane played five years at Real Madrid alongside Raul and Iker Casillas, but there was no room for sentimen
Published 30 Jun, 2006 12:00am
Rooney ready for Portugal rough stuff

Rooney ready for Portugal rough stuff

Wayne Rooney has declared himself ready for anything Portugal's tough-tackling defence throw at him as he prepares to spearhead England's World Cup quarter-final challenge on Saturday.
Published 30 Jun, 2006 12:00am
Agassi and Nadal set up clash of ages

Agassi and Nadal set up clash of ages

Andre Agassi and Rafael Nadal have booked their eagerly-awaited generational clash at Wimbledon but only after the French Open champion Nadal survived an almighty scare on Centre Court on Thursday.
Published 30 Jun, 2006 12:00am
Italy soccer trial opens, then abruptly adjourns

Italy soccer trial opens, then abruptly adjourns

Italy's biggest sports trial opened on Thursday with four top soccer clubs and 26 officials facing match-fixing charges before a string of procedural motions forced an adjournment until next Monday.
Published 30 Jun, 2006 12:00am
Spain starting peace talks with ETA guerrillas

Spain starting peace talks with ETA guerrillas

Spanish Prime Minister Jose Luis Rodriguez Zapatero said on Thursday his government would start peace talks with Basque separatist guerrillas ETA to try to end Western Europe's last major violent conflict after 38 years.
Published 30 Jun, 2006 12:00am
West's watchdog urges switching off to save energy

West's watchdog urges switching off to save energy

Switching off lights when leaving a room, adopting energy-efficient lighting and making full use of daylight could prevent energy lighting soaring by 80 percent by 2030, the West's Energy watchdog said on Thursday.
Published 30 Jun, 2006 12:00am
Abductee case stirs anger in Japan

Abductee case stirs anger in Japan

A South Korean taken to North Korea decades ago said on Thursday his Japanese wife - who was kidnapped by the North's agents - committed suicide in a case that has deepened Japanese anger towards its reclusive neighbour.
Published 30 Jun, 2006 12:00am
Cardinal fears Church could face court on abortion

Cardinal fears Church could face court on abortion

The Catholic Church could one day be prosecuted for its right-to-life stance by some countries where abortion is considered a woman's right, a senior Vatican cardinal said in an interview published on Thursday.
Published 30 Jun, 2006 12:00am
Floods cripple riverside areas in northeast US

Floods cripple riverside areas in northeast US

Up to 200,000 evacuees from water-logged Wilkes-Barre were told they could go home on Thursday after levees held against flooding water, but swollen rivers threatened other north-eastern US towns.
Published 30 Jun, 2006 12:00am
Donkey produced in Indian court as evidence

Donkey produced in Indian court as evidence

A donkey used in a public protest by rights activists against the government of India's southern Tamil Nadu state has been produced in court as evidence, a report said Thursday.
Published 30 Jun, 2006 12:00am
'Iran could have nuclear bomb by 2009'

'Iran could have nuclear bomb by 2009'

Iran could be able to build an atom bomb by 2009 if it laid groundwork this year for producing highly enriched uranium, a former UN arms inspector said in a report.
Published 30 Jun, 2006 12:00am
G8 wants Tehran to reply next week to offer

G8 wants Tehran to reply next week to offer

The Group of Eight industrialised nations told Iran on Thursday to give a "clear and substantive response" next week to an offer by major powers over its nuclear plans, but Tehran said that was unlikely.
Published 30 Jun, 2006 12:00am