Taiwan shares are expected to consolidate next week as investors take to the sidelines after volatile trade buffeted by conflict in the Middle East and record high oil prices, dealers said Friday.
Japanese share prices will take their cue from local corporate results due next week with the market remaining cautious due to the Middle East crisis, dealers said Friday. Japan's blue chip companies including Sharp, Canon, Matsushita, Sony, NEC and Nissa
The British stock market will digest a plethora of earnings releases from major FTSE heavyweights next week as the results season hits top gear and investors seek to build on slim gains. On Friday, London's FTSE 100 index of leading shares ended at 5,719.
Saddam Hussein was being fed through a tube on Sunday after 16 days on hunger strike and an Iraqi official said he will not attend court on Monday. "To avoid a deterioration in his health he was taken to hospital for medical attention and food was given t
Iranian President Mahmoud Ahmadinejad will be taking brief time out from the crisis over the Islamic republic's nuclear programme and the conflict in Lebanon this week as he seeks to boost Tehran's influence in Central Asia.
Japan will take a more active role in helping the Philippines end nearly 40 years of Muslim rebellion by starting development projects in conflict-affected areas in the south, Japan's foreign minister said on Sunday.
A six-year-old Indian boy trapped in a well for more than two days was rescued on Sunday - his birthday - by army soldiers in a drama that gripped the nation.
Bodies dumped in wells, dead children hung from rafters and underage boys abducted to fight. During two decades of civil war, such atrocities were commonplace in Sri Lanka but a cease-fire since 2002 halted the worst of the attacks on children.
Saudi Arabia is expanding its military arsenal to counter what it sees as Iran's growing influence in a region convulsed by violence. Analysts and diplomats say Israel's bombardment of Lebanon after Syrian and Iranian-backed Hizbollah guerrillas kidnapped
Indonesia on Sunday started a massive operation to clear debris from the tsunami-hit south coast of Java, as a strong earthquake rattled Sulawesi island, triggering a fresh tsunami alert.
The British government has drawn up a list of 45,000 Bulgarians and Romanians linked to organised crime or seen as security risks who might come to Britain when the two states join the EU, a newspaper reported on Sunday.
The Taliban for now have no chance of defeating Afghanistan's Western-backed government but the insurgency is sapping support for President Hamid Karzai who is facing his most difficult days since coming to power in 2001.
Twenty-two people, most of them Taliban, were killed in new unrest in Afghanistan, as the southern city of Kandahar struggled to recover following a pair of deadly suicide blasts. Nineteen Taliban were killed and 17 fighters, including two Pakistani natio
India Sunday tested its surface-to-air Trishul missile from a site in the eastern coastal state of Orissa, defence officials said. The Trishul (Trident) test comes after New Delhi's nuclear-capable Agni III ballistic missile, with a range of 4,000 kilomet
Technical Education and Vocational Training Authority (Tevta) is making necessary arrangements to set up a full-fledged Institute of Surgical Technology costing Rs 180 million in Sialkot shortly.
Chairman Pakistan Gloves Manufacturers and Exporters Association (PGMEA) Dr Shumail Saeed Barlas has said that export of gloves has been decreased to 23 percent export resultantly the biggest foreign exchange earning gloves industry is confronting to seri
A government inquiry does not know the real names of two men it is investigating, nor their nationality, nor whether they are brothers as they claim. A lawyer trying to represent the two alleged "Armenians" was sent away and told to come back when he work
Jinnah International Airport (JIAP) Karachi, the biggest airport of Pakistan, is providing contaminated and unfiltered water for drinking to the passengers through water coolers fixed at the International, domestic arrival/departure lounges and other part
US Vetoes Security Council move to condemn Israeli bombardment of civilian targets in Beirut and Gaza. UN Security Council unanimously imposes sanctions on North Korea over nuclear issues.
There is with reference to the letters to the Editor of your newspaper of July 17, 2006, entitled, "Fokker plane accident" and "stock market crash", to the effect that PIA was so heartless that it did not even care for the family of the deceased, much les
Talking to Pakistani exhibitors at the ISPO Summer in Munich last week was exhilarating this time. ISPO Summer and Winter are the two largest sports goods fairs of the world in which our enterprising businessmen participate in a big way. Around 120 exhibi
The Commerce Minister announced the Trade Policy for the fiscal 2006-07 (FY-07) on the 17th July,2006. The saddening feature of the previous fiscal's (FY-06) performance in the international trade was an unprecedented wide gap of $11.532 billion between i
At a time when the City District Government, Karachi, is also bracing for rain-related hazards simultaneously with its spirited pursuit of mega mass transit projects, frightening indeed should be a news report, pointing to no end in sight of the unabated
The unveiling of three mega projects in health sector by the government with a total financial outlay of Rs 27.420 billion, makes one hope that things in this grossly neglected sector may at last improve. According to a Recorder Report, the focus of the p
The Banking Mohtasib's report for the year 2005, released the other day, provides a measure of the operational snags that continue to dog the banking sector which should otherwise be a model of trouble-free service delivery and operational efficiency.
Former prime minister and Pakistan Peoples Party (PPP) Chairperson Benazir Bhutto has said that the best exit route for the Musharraf regime is to adopt the ARD demand that a national government be formed to hold fair and free elections with election refo
Muttahida Majlis-i-Amal (MMA) chief Qazi Hussain Ahmed has said that if the UN Security Council cannot stop Israeli aggression in Palestine and Lebanon then the Muslim countries must quit membership of this organisation.
Chairperson of Pakistan People Party (Shaheed Bhutto) Ghinwa Bhutto, who is in Lebanon, said that people of all faiths, including Shia, Sunnis and Christians are behind the Hezbollah vowing to die rather to accept the Israeli occupation of Lebanon.
Anjuman Ulema-e-Mashaikh Pakistan (AUMP) on Sunday staged a demonstration at MDA chowk to condemn the Israeli aggression on Lebanon and role of United States on this issue. The demo was attended by the traders, Ulema, Mashaikh, Pakistan Muslim League-Q, T
Pakistan Muslim League is playing a historical role for promotion of democracy and consolidation of political institutions in the country, this was stated by Punjab Chief Minister Pervaiz Elahi while submitting his nomination papers for election to the sl
Faisalabad Garment City Company Chairman Sheikh Mukhtar Ahmad has hailed the new textile package and trade policy announced by the government. Talking to newsmen, he termed it a great decision to save the textile sector, particularly home textile and garm
A delegation of investors from Uzbekistan will visit Pakistan soon to explore opportunities for investment in the country, especially in Punjab province. Uzbek Ambassador to Pakistan, Oybek Arif Usman said this during a meeting with Punjab Minister for In
China will soon hold a feasibility study, exploring ways and means to expand its rail network up to Pakistan's border. A senior official of the Chinese Central government told APP here on Sunday that they were actively considering, strengthening their com
Information and Broadcasting Minister Muhammad Ali Durrani has said that the present assemblies would complete their tenure and the government couldn't be ousted through conspiracies and movements, adding that the change could be brought only through ball
Chief Justice, Sindh High Court, Justice Sabihuddin Ahmed, has lamented that the quality of legal education in the country is 'very low'. He was speaking as chief guest at the orientation workshop of the Access to Justice Development Fund (AJDF) at a loca
The Punjab government has evolved a strategy for providing hygienic drinking water, instalment of water meters to improve sanitation system in various districts of the province, said Secretary, Public Health Engineering, Mazhar Ali Khan.
District Coordination Officer Multan Syed Iftikhar Babur has asked the police and administration to launch a vigorous drive against the Internet cafes in order to check obscenity and pornography, because crimes are increasing day by day due to obscenity.
Punjab Minister for Power, Chaudhry Armughan Subhani said that Electric Inspectors have received 1086 public complaints against Electric Distribution Companies out of which 889 have been redressed. This was stated by him while chairing the meeting of Elec
Money supply during FY06 exceeded the targeted expansion of Rs 380 billion by Rs 18 billion due mainly to larger than targeted expansions recorded by the private and foreign sectors (viz., of the banking system).
Sindh Minister for Trade and Industry, Muhammad Adil Siddiqui has urged the industries, business organisations and financial institutions to extend their maximum co-operation in making 'My Karachi' Exhibition a resounding success.
Surprisingly cotton market has not been as active as it should on govt's offer of huge Rs 25 billion package and various other facilities. The million appear to have been slow to see the end of last season stock with TCP. The spot rate looked tired and un
Surprisingly cotton market has not been as active as it should on govt's offer of huge Rs 25 billion package and various other facilities. The million appear to have been slow to see the end of last season stock with TCP. The spot rate looked tired and un
The first meeting of South Asia Forum on ending violence against children will be held in Rawalpindi on July 24. Main objective of the moot is to review progress made by the SAF member states in two areas of early marriage and physical and psychological p
Post-budget seminar on customs budgetary changes was held on July 18 in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Shahid Rahim Shaikh, Member Customs CBR presided over the seminar. Member customs while answer
Prime Minister Shaukat Aziz has said that the government accords due importance to issues related to environment as it fully realises the scope and impact they can have on the masses in particular and society at large.
Islamabad Electric Supply Company (Iesco) has regularised its 954 contractual workers of different cadres during the current year-2006, says Chief Executive, Iesco Brigadier Shahbaz Azam talking to APP on Sunday.
The Parliamentary Secretary for Defence, Major Tanveer Hussain Syed (retd), has said the Civil Aviation Authority (CAA) will generate record revenue of Rs 10.2 billion in 2006.
Most of the Kirana items and moong from Burma showed rising trend while rest of the commodities like Irri 6 Sindh Irri white broken, raw rubber, cotton cakes and milk powder showed modest changes, during the week ended on July 22, 2006.
Four persons died and another five wounded as a truck plunged into Jehlum river near Jehlum Valley Road on Friday night. As per details, at a place named Rabbani, about 10 kilometres from Muzaffarbad, a truck registration number-1577 plunged into the rive
The human Rights activist and Vice Chairman, Ansar Burney Trust International, Syed Fahad Burney along with a team of 10 volunteers arrives Beirut on Sunday morning to take part in humanitarian activities in Lebanon and to distribute humanitarian aid to w
Foreign Office spokesman Ms Tasneem Aslam has rejected the Indian claim of terrorist infrastructure camps in Azad Kashmir, saying that Azad Kashmir is an open area and international NGOs are there but no one could see any terrorist camp there.
The Water and Power Development Authority (Wapda) will spend Rs 34.8 billion on the improvement of power transmission system, erection of transmission lines and construction of new grid stations to meet the ever increasing demand for electricity in the co
Minister for Privatisation Zahid Hamid has said that environment for foreign investment is conducive in Pakistan and invited Pakistanis living in USA to invest in different sectors. Talking to a delegation of prominent Pak-American businessmen here, the m
Punjab Minister for Management and Professional Development Sardar Hassan Akhatr Moakal has said that the government in collaboration with the private sector would provide one million jobs annually in the province.
Four people were killed in three separate incidents on Sunday in occupied Kashmir, an army spokesman said. An Indian occupation soldier was killed when freedom fighters opened fire on an army patrol in the Gurez sector, army spokesman V.K. Batra said.
Religious Affairs Minister Ejazul Haq, rejecting charges of cross-border terrorism, on Friday said Pakistan has banned extremist 'jihadi' organisations and taken action against extremist elements. Militancy, he said, was an indigenous phenomenon in occupi
Chairman Senate, Mohammedmian Soomro called on the Prime Minister of Malaysia, Dato Sri Abdullah Ahmad Badawi, and shared views on matters which are of crucial interest to Pakistan and Malaysia. They also discussed regional and international situation wit
Minorities of Pakistan have demanded complete repeal of Hudood Ordinance or exemption of minorities from this law, Chief of All Pakistan Minorities Alliance Chief, Shahbaz Bhatti said on Sunday.
Partly cloudy/cloudy weather with chances of light rain has been forecast during the next 24 hours in the city with maximum temperature to range from 33 to 37 degrees Celsius.
By the passage of time, the Sino-Pak friendship grown taller than the highest peak of Himalayas and deeper than the deepest ocean of the pacific. Pak-China friendly ties enjoy national consensus and unanimity of views among all political leadership of the
An amount of Rs 2382 million remains payable by various provincial government departments as well as district and taluka administrations of Sindh province to Hyderabad Electric Supply Company (Hesco).
Sindh Chief Minister Dr Arbab Ghulam Rahim on Sunday said according to the law no government servant, including teachers, can form unions and take part in their activities.
The government is spending Rs 26980.390 million on 396 road projects across Balochistan in order to provide transportation facilities through improvement of roads for the people who are living in far-flung areas of the province, official sources told APP
District Nazim Kanwar Naveed Jamil has asked all Taluka Municipal Officers (TMOs) and officers of Hyderabad Development Authority (HDA) to adopt all preventive measures and provide early relief to people in case of any emergency during expected heavy rain
Sindh Governor Dr Ishratul Ibad has asked the concerned officials to take fast-paced steps to set up four new Sabzi Mandis in Karachi. Addressing a meeting at Governor's House on Saturday evening, he said that by establishing more Sabzi Mandis the monopol
A large number of activists of Awami Tehreek, Sindh Taraqi Pasand Party (STPP), PML, Jeay Sindh Qaumi Mahaz (JSQM) and other social organisations on Sunday staged demonstration at national highway near telegraph office at Kotri railway crossing to protest
City Nazim Syed Mustafa Kamal on Sunday ordered the Karachi Water and Sewerage Board (KWSB) to conduct a survey with co-operation of town nazims about all legal and illegal hydrants in Karachi and submit him a report within a week, so that operation again
Sindh home minister Abdul Rauf Siddiqui on Sunday announced prizes for the arrest of two notorious bandits of Lyari and two bandits of Sukkur region. He said the Sindh government had fixed head money of Rs 1 million each on arrest of two bandits of Lyari,
City Nazim, Syed Mustafa Kamal has said that ongoing development projects should be swiftly completed. "The inauguration of Abul Hasan Ispahani Road is being performed on Sunday while other under construction roads, fly-overs and underpasses will be inaug
Iran Border Security Force have arrested 52 Pakistanis on Pak-Iran border and handed them over to Taftan Levies force on Sunday, Levies sources told the newsmen. The sources said that these people were crossing the border without any legal documents.
Pakistan handed over 58 prisoners to Afghan authorities on Sunday. "Afghan authorities will investigate prisoners before releasing them to see if they include any Taliban," said police inspector Munsif Khan.
Pakistan International Airlines (PIA) has clarified that all its Fokker Friendship aircraft that were flying are airworthy and duly certified for flying by the Civil Aviation Authority (CAA) and PIA's own certified Engineers.
Immunisation of young children, health and sanitation, education promotion and plantation will be main features of the Independence Day celebration programmes to be observed in a vigorous manner in Lyari Expressway's new resettlement sites of Hawks Bay an
Trading Corporation of Pakistan (TCP) has floated an international tender for the export and domestic sale of 36,000 bales of raw cotton from the crop of 2004-05.
Heavy rain lashed Hyderabad on Sunday and caused hardships to the people. The heavy downpour started at about 7:00 pm and continued for half an hour. Power outage was the first outcome of rain, which plunged the entire city into darkness. Rainwater was ac
The Judge, Anti Terrorism Court-II, Sukkur, Muhammad Riaz Rajput on Saturday convicted and sentenced accused Rasoolo alias Rasool Bakhsh, Shaban Shaikh, Ali January Lakhan and Gulab Lakhan for life term and also ordered confiscation of their entire proper
'Public-private partnership is being given full importance under Punjab Chief Minister's program in addition to efforts of Education Department, Literacy, Special Education and Punjab Education Foundation'. This was stated by Qudsia Lodhi. Minister for Sp
Outgoing AJK Prime Minister Sardar Sikandar Hayyat Khan on Sunday said that during his tenure as chief executive, he made every effort to promote merit, justice, principles and social justice. He expressed these views while speaking at a farewell function
Punjab PML-N President Zulifqar Ali Khan Khosa has said it remained the ardent need of the hour for all the political parties to make strong and powerful grand opposition alliance to get rid of the present dictatorship. He was addressing a press conferenc
Punjab Minister for Environment Makhdoom Ashfaq Ahmed has directed officials concerned to speed up the ongoing campaign against shopkeepers involved in using empty plastic drums for storage of edibles. He issued these directions during a meeting, which wa
Punjab Minister for Agriculture Arshad Khan Lodi has said that government would start crackdown against the elements engaged in the sale of substandard or spurious fertilisers and pesticides.
The groundbreaking ceremony of country's first Tools, Dies and Moulds (TDM) Centre will be held in Karachi on July 29 (Saturday). The Karachi TDM Centre was being set up by Technology Upgradation and Skill Development Company (TUSDEC) at a cost of Rs 450
Islamabad Police have constituted a squad to trace and arrest court absconders and proclaimed offenders, solve the lingering cases and provide justice to people.
Lahore District Nazim Amir Mahmood will distribute 'Talent Scholarships', worth Rs 8 million, among talented children of industrial workers at a ceremony at Jinnah Hall on Monday, according to sources in District Nazim Secretariat on Sunday.
The Punjab government has decided not to leave drug addicts unattended and under the directives of Chief Minister Punjab, Chaudhry Pervaiz Elahi, a special committee has been constituted at provincial level which would submit its recommendations in four w
Costain Oil, Gas and Process (Cogap) has been awarded a contract by Eni Pakistan Limited for the provision of engineering, procurement services and construction management support services for the Khirthar Concession in Sindh.
Pakistan Muslim League-Nawaz (PML-N) has pressed President General Pervez Musharraf to accept the letter written by civil society representatives with open heart and honourably.
The Pakistan Air Force (PAF) has secured three awards at the Royal International Air Tattoo show was held at Fairford, UK, last week, a PAF statement said on Sunday.
The new management of Pakistan Telecommunication Company Limited is considering to close down its subsidiary Paknet due to poor performance and failure to deploy standard based infrastructure. Paknet has unsecured de-centralised billing system for its Int
The new management of Pakistan Telecommunication Company Limited is considering to close down its subsidiary Paknet due to poor performance and failure to deploy standard based infrastructure. Paknet has unsecured de-centralised billing system for its Int
The new management of Pakistan Telecommunication Company Limited is considering to close down its subsidiary Paknet due to poor performance and failure to deploy standard based infrastructure. Paknet has unsecured de-centralised billing system for its Int
China may cut tax rebates on exports of some resource- and energy-intensive products seen as harmful to the environment as part of efforts to reduce its growing trade surplus, state press said Sunday.
China may cut tax rebates on exports of some resource- and energy-intensive products seen as harmful to the environment as part of efforts to reduce its growing trade surplus, state press said Sunday.
The US corporate world is being roiled by a scandal on bloated stock-option payments that has its epicenter in the Silicon Valley but ripples nation wide with a threat of big-wig arrests.
The US corporate world is being roiled by a scandal on bloated stock-option payments that has its epicenter in the Silicon Valley but ripples nation wide with a threat of big-wig arrests.
Share prices soared on Lahore Stock Exchange (LSE) last week, gaining 2.68 percent with aggressive buying in oil and gas exploration, banks and cements sectors despite a number of negative factors such as increase in SLR and CRR by State Bank of Pakistan
Share prices soared on Lahore Stock Exchange (LSE) last week, gaining 2.68 percent with aggressive buying in oil and gas exploration, banks and cements sectors despite a number of negative factors such as increase in SLR and CRR by State Bank of Pakistan
Government is doing its best to develop and promote both agricultural and industrial sectors for strengthening national economy and fill up the vast gap between imports and exports and add to foreign exchange reserves of the country.