Iran and Iraq signed an agreement on Sunday under which Iran will import Iraqi crude and send back refined products in return, the semi-official ILNA news agency said.
Scholarships worth Rs 1.9 million and 30,000 have been issued to 193 children of industrial workers of Lahore, studying in 8th and 9th class. The amount was disbursed among them at the rate of Rs 10,000 each.
Punjab Chief Minister Chaudhry Pervaiz Elahi, while announcing the groundbreaking ceremony of Journalists Colony in the first week of September, has said that the master plan has already been prepared and there is no ambiguity. He said that all the proble
The stage set for Independence Day celebrations and all arrangements have been completed in Multan and other parts of southern Punjab, all institutions and individuals are playing their part, which speaks volumes for the fact that the spirit of independen
At least five children drowned in flood water near village Shumeer in the jurisdiction of Gomal university police station on Sunday, police said. According to details, the ill-fated children belong to the same family of Fazal-Rehman a resident of Shumeer
Sialkot district government is spending more than Rs 1.84 billion to promote education in the district during the current fiscal year, District Nazim Akmal Cheema told Business Recorder here on Sunday.
Government should prepare a plan to provide jobs to 20 million unemployed youths and it should withdraw amendments in factory act which would increase the unemployment as all industrialists would end one shift in their factories and they would force the w
India and Pakistan are expected to hold talks on Sir Creek - one of the eight areas covered under Composite Dialogue process this month notwithstanding postponement of Foreign-Secretary level talks.
State Minister for Education, Anisa Zeb Tahirkheli has said that revised curricula is being analysed by the provinces, and they would submit the same to federal government during this month.
Small and Medium Enterprises Development Authority (Smeda) has launched a "Legal services" to resolve the problems of the trading community and create awareness regarding legal rights and liabilities in Sargodha.
Cotton, sugarcane and other standing crops worth millions of rupees were damaged on thousand of acres of land in Layyah district on Saturday night due to breaches in Paroor, Rakh Paroor, Sabzani and Rakh Sabzani four canals.
The quandary over the future of yet another democratic order, which was put in place at the end of three years of COAS General Pervez Musharraf's government, accompanying as it does today's celebrations marking the 60th year of the earth shaking democrati
A report appearing in this paper the other day pointed out the sad fact that the incidence of blindness in Pakistan is so high that the country is listed in the World Health Organization's "most severe" category. Nearly two million people suffer from blin
That a country created through political and legal means had to undergo long spells of unrepresentative and military rules seems to be a big paradox that needs to be analysed at an occasion when Pakistan is celebrating its 60th anniversary.
Sir Sultan Mohamed Shah Aga Khan III was one of those Muslim stalwarts who believed in Islam as a world religion, and who worked ceaselessly for its triumph and glory throughout their lives. In the struggle for independence of the Indo-Pakistan sub-contin
When rulers are involved in such heinous crimes the one I read in newspapers, Surrey Palace, Raiwind Mahal, how can you stop others from crime and corruption. Billions of dollars of Pakistan has been looted in different ways. Rules are only applied on the
The Lebanon war is now in its fourth week. The Israel must now evaluate what they have achieved so far except the destruction of Lebanon and massacre of innocent Lebanese civilians. The Israeli population has also suffered heavily now living under constan
This is with reference to the white paper on the Kargil crisis written by the PML-N. I am a neutral bystander observing closely the politics of the country. This act by the PML-N is not only shocking but upsetting.
The Punjab government is hopeful about improvement in governance and meeting the Millennium Development Goals (MDGs), NWFP is not. Perhaps one major reason for this difference in the approach is that NWFP has to run a longer stretch to achieve the MDG tar
At the insistence of the White House, the Pentagon publicly asserted in 2006 what has already become self-evident, that the United States would not observe the protocols of the Geneva Conventions concerning some prisoners.
Muslim leaders in Britain warned politicians to avoid a "general assault" on the Muslim community following the arrests in connection with the alleged plot to attack US-bound aircraft.
Convenor All Parties Hurriyat Conference Azad Jammu and Kashmir (AJK) and Chairman People's Freedom League, Muhammad Farooq Rehmani has said that Kashmiris in Pakistan and AJK would observe 'Black Day' on August 15 independence day of India.
A Cuban newspaper on Sunday published the first photographs of Fidel Castro since his stomach surgery, and the Cuban leader, shown wearing a sweat suit and sitting in a chair, said he had stabilised "considerably" but was not out of the woods.
Japanese Prime Minister Junichiro Koizumi's expected visit to a Tokyo war shrine next week promises to unleash fury in Beijing, and yet even as the visit looms both sides have been working to ease tensions after he steps down.
An ambush by suspected Muslim militants in Thailand's restive south killed two civilians and wounded at least 10 people on Sunday, police said. Police in Narathiwat, bordering Malaysia, told Reuters the blast of an explosive device hidden in an old motorc
London's Heathrow airport, Europe's busiest air hub, faced further disruption on Sunday with around one in three flights cancelled following the recent imposition of new anti-terror measures.
Insurgents launched a deadly series of rocket and bomb attacks as night fell on a commercial district of Baghdad on Sunday, killing at least 20 civilians and injuring 75, security officials said.
A Shia leader has called for neighbourhood committees to provide security in their own districts, casting further doubt on the ability of Iraqi and US forces to reduce violence levels in Baghdad.
Germany's Nobel prize-winning author Guenter Grass has come under attack from writers, literary critics, historians and politicians for his belated confession he was once a member of Hitler's Waffen SS.
Five Afghan soldiers and up to 20 extremists were killed in an ambush in south-east Afghanistan on Sunday, the US-led coalition said. Six Afghan soldiers were also wounded in the ambush when extremists attacked their command post with small arms and rocke
A Malaysian cabinet minister has accused former leader Mahathir Mohamad of wanting to topple his handpicked successor, Prime Minister Abdullah Ahmad Badawi, the New Straits Times reported on Sunday.
Sri Lanka's Tamil Tigers said on Sunday peace talks were impossible as the worst fighting since a 2002 truce raged in the island's north and the government demanded rebel fighters surrender.
Iran's president has launched a Web log, using his first entry to recount his poor upbringing and ask visitors to the site if they think the United States and Israel want to start a new world war.
India said Sunday it was suspending anti-insurgency operations in north-eastern Assam state for 10 days despite a week-long wave of bombings that has left 10 dead and wounded 50 more.
President George W. Bush faced major security challenges on three fronts on Sunday as he prepared to return to Washington after a 10-day working vacation at his ranch.
With the latest earnings season nearing an end, London investors will pore over British economic data next week as the FTSE 100 index looks to rally after being hit by a fresh terror scare.
Japanese share prices are expected to track US inflation and housing data next week in hopes of clues on the outlook of US interest rates, analysts said Friday.
Australian share prices are expected to remain volatile next week amid security concerns after Britain foiled an alleged airline bomb plot and a flat company reporting season, dealers said.
Indonesian stocks, which rose almost one percent this week, will continue to climb next week on positive sentiment after Indonesia's central bank cut a key interest rate.
Overseas markets and the scheduled release of results for key listed local issues are seen influencing the direction of Philippine share prices next week, dealers said Friday. "These factors will set the tone for trading next week," said Astro del Castill
Hong Kong shares may trade firmer ahead of a raft of earnings results due out next week and recovering some of the losses suffered on news of a plot to bomb US-bound planes, dealers said Friday.
Wall Street's major indexes closed down on the week Friday, as investors braced themselves for fresh updates on inflation in the coming week. In the week to Friday, the Dow Jones Industrial Average fell 1.4 percent to 11,088.03, while the technology-stack
Asian currencies ended the week mainly up against the dollar, but continued jitters over the alleged plot to blow up transatlantic passenger planes could see the greenback rebound in the region.
Japanese government bonds shot up on Friday as weaker-than-expected growth data reinforced a view that the Bank of Japan, which left monetary policy unchanged, will only slowly raise interest rates.
Japanese government bonds shot up on Friday as weaker-than-expected growth data reinforced a view that the Bank of Japan, which left monetary policy unchanged, will only slowly raise interest rates.
Singapore shares should trade cautiously next week, with local investors expected to seek leads from overseas developments as the corporate earnings season draws to a close, dealers said.
Indian shares are expected to witness a short rally this week but near-term concerns linked to inflationary pressures will weigh the market down, dealers said.
Groups in Malaysia launched a boycott on Sunday of US drinks Coca-Cola and Starbucks coffee to protest Israel's ongoing military offensive in Lebanon and Gaza.
Indonesians working overseas are expected to send home 20 billion dollars over the next five years as their importance to Indonesia's economy grows, the country's labour minister said.
As Coca-Cola and Pepsico lose their fizz in India, the US government and business leaders are warning of potential fallout on investment in the booming country of a billion-plus people.
French inflation is under control and markets do not expect a sharp rise in interest rates in the coming months because it is unnecessary, French Finance Minister Thierry Breton said in an interview released on Sunday.
Further increases in Swiss interest rates are likely even though inflation is expected to remain below two percent next year, Switzerland's central bank chief Jean-Pierre Roth signalled Sunday.
The global airline industry can recover from the turbulence of a foiled terror plot in Britain last week, but it is not clear skies ahead as the sector faces higher security costs and passengers face even more hassle, analysts said.
Iran's consumer price index grew 10.3 percent in the 12 months to June 21, down from 10.5 percent for the year to May 21, figures on the central bank's Web site showed. Inflation was 13.7 percent in the 12 months to June 21, 2005.
Leap Wireless International, Inc said on August 09 that it has received $850 million of commitments for its unsecured bridge loan to finance the purchase of licenses in the Federal Communications Commission's advanced wireless services spectrum auction.
Double world champion Sebastien Loeb equalled Carlos Sainz' record of 26 championship wins in the Rally of Germany here on Sunday. The 32-year-old Citroen Xsara ace captured his fifth successive victory in this ninth leg of the season to stretch his lead
The prospect of a dream Los Angeles Open final between top seed Maria Sharapova and twice champion Serena Williams evaporated on Saturday when both players were upset in the semi-finals.
Playing violent video games, even for only 20 minutes, desensitises people to real-world violence, new research contends. "We found that the subjects who played violent video games for 20 minutes had lower physiologic responses when they watched videos of
An orphaned snow leopard named Leo was handed over to officials from the Wildlife Conservation Society/Bronx Zoo for participation in a captive breeding programme in New York, USA.
Junk food is enemy of not only one's pocket but also of your health, and keeping distance from it is an integral part of a healthy lifestyle. Junk food is a common term used for any food item that is perceived to be unhealthy or to have poor nutritional v
The effect of cellophane bags, commonly known as plastic bags, on the environment has always remained a matter of concern for environmentalists. Prepared from waste plastic material and coloured in different shades including black, green, red and yellow a
Infants who get vaccinated with a long needle may have fewer reactions than those immunised with shorter needles, finds a new study. Primary care practitioners administer infant immunisations at two, three and four months of age, Forbes reported.
A study shows that eating one meal high in saturated fat can impair the ability of high-density lipoproteins (HDLs), the "good" cholesterol, to ward off inflammation of the blood vessels, which is thought to be a key event in vascular disease.
Over 70 percent of seemingly healthy teenage girls may be vitamin D deficient, says a British study, and are at increased risk of osteoporosis and other health problems later in life.
People who are active in their communities are more likely to be up on the latest health advice, suggesting that contact with diverse groups of people may be good for health.
People who never marry run a far greater risk of premature death compared with peers who tie the knot or get divorced, according to a study published on August 9 in a specialist journal.
The US-based WYSE Technology Incorporation-a pioneer in Thin computing is considering to make Pakistan a hub of its commercial activities in the South Asian region due to its investor-friendly atmosphere.
Moody's Investors Service on Auguat 09 raised its debt rating on Softbank Corp one level based on the view that its acquisition of Vodafone Group Plc's Japan unit would enhance its position in the telecoms industry.
South Korea's Hynix Semiconductor Inc will invest $1.3 billion in memory chip lines, including an unspecified amount to build a cutting-edge NAND flash memory chip line, the company said on August 09.
With the passage of time, the world is heading towards the progress in science and several other sectors, the question is emerging that can technology create a non-hijackable plane?
Japan's NTT DoCoMo Inc said on August 09 that it aims to boost sales of modules used to connect devices such as car navigation and vending machines to the wireless network.
Japan's NTT DoCoMo Inc said on August 09 that it aims to boost sales of modules used to connect devices such as car navigation and vending machines to the wireless network.
Asustek Computer Inc and Gigabyte Technology Co Ltd, the world's top and third-largest makers of computer motherboards, plan to form a joint venture to strengthen their position in the market.
Finnish mobile operator DNA said on August 07 that it expects to bring new price competition to the mature Finnish market, where acquisitions have calmed the price war, which pushed call prices to the lowest level in Europe.
Microtune Inc said on August 10 that it is unable to file its second-quarter report with regulators on time because of a previously announced internal review of its stock options grants.
Microtune Inc said on August 10 that it is unable to file its second-quarter report with regulators on time because of a previously announced internal review of its stock options grants.
Belgian semiconductor maker Melexis said on August 08 that net profit for the second quarter of 2006 rose 32.9 percent to 8.5 million euros ($10.9 million) in comparison with the same period last year.
Belgian semiconductor maker Melexis said on August 08 that net profit for the second quarter of 2006 rose 32.9 percent to 8.5 million euros ($10.9 million) in comparison with the same period last year.
The NASD ordered Citigroup Inc to pay $1.12 million over a scheme by more than 100 brokers to obtain mutual fund sales charge waivers by falsely claiming their customers, including hedge funds, were disabled.
China has called on its 31 provinces to rein in their economies, state media said Sunday, in a sign the central government has yet to persuade local bureaucrats that red-hot growth is bad.
From Ontario, Canada, to Rio de Janeiro in Brazil to the US city of Phoenix, Arizona, the global battle over precious metals has blasted open as big mining companies hunt down fresh supplies. And the rewards for those companies that emerge victorious are
Investors who braved a flooded camp to attend south Sudan's first trade fair found a boom in demand after years of war, but from such a low starting point that some asked if the region was yet ripe for business.
Hong Kong's flag carrier Cathay Pacific Airways on August 09 posted flat net profits for the first half as high fuel costs offset a solid boost in revenues. The airline posted a net profit of 1.668 billion Hong Kong dollars (214 million US) for the six mo
Hong Kong's flag carrier Cathay Pacific Airways on August 09 posted flat net profits for the first half as high fuel costs offset a solid boost in revenues. The airline posted a net profit of 1.668 billion Hong Kong dollars (214 million US) for the six mo
Dutch financial services group ING Groep NV beat analysts' forecasts on August 10 with a 30 percent rise in quarterly net profit on strength in its insurance business in Asia and direct retail banking.
Dutch financial services group ING Groep NV beat analysts' forecasts on August 10 with a 30 percent rise in quarterly net profit on strength in its insurance business in Asia and direct retail banking.
Boeing Co is reviewing what impact US sanctions against two top Russian arms firms could have on its business in Russia, Boeing country head Sergei Kravchenko told Reuters on August 09.
Dell, the world's leading personal computer maker, could be hit with multiple lawsuits in China for alleged false advertising of its popular laptop computers, state press reported August 11.
India's third-largest software services exporter, Wipro Ltd, is eyeing more foreign acquisitions to accelerate growth and plans to expand operations in China, its chief financial officer said on August 10.
Commerzbank disappointed investors on August 09 with weaker-than-expected performance in its key business of lending to smaller companies, although trading income helped underpin earnings.
Commerzbank disappointed investors on August 09 with weaker-than-expected performance in its key business of lending to smaller companies, although trading income helped underpin earnings.
The NASD ordered Citigroup Inc to pay $1.12 million over a scheme by more than 100 brokers to obtain mutual fund sales charge waivers by falsely claiming their customers, including hedge funds, were disabled.
Amkor Technology Inc, a microchip testing and packaging firm, on August 09 said that it would not meet a deadline for filing its quarterly results as it reviews its stock options grants.
Compal Electronics Inc, the world's second-largest laptop contract maker, said on August 09 that its second-quarter net profit was T$1.689 billion (US $51 million), down 7.7 percent from T$1.83 billion a year earlier. The result lagged analyst expectation