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Print - 2006-10-06
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 06 Oct, 2006 12:00am
1,900 PTCL daily-wagers dismissed

1,900 PTCL daily-wagers dismissed

As many as 1,900 employees of Pakistan Telecommunication Company Limited (PTCL) Telecom Foundation (TF) become the victim of the first largest lay-off in the PTCL after the new management took over in April, this year.
Published 06 Oct, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 06 Oct, 2006 12:00am
1,900 PTCL daily-wagers dismissed

1,900 PTCL daily-wagers dismissed

As many as 1,900 employees of Pakistan Telecommunication Company Limited (PTCL) Telecom Foundation (TF) become the victim of the first largest lay-off in the PTCL after the new management took over in April, this year.
Published 06 Oct, 2006 12:00am
Shaukat increases pay-scales of teachers

Shaukat increases pay-scales of teachers

Prime Minister Shaukat Aziz on Thursday announced upward revision of pay-scales of university teachers by one notch and that of school teachers by two grades from BPS 9 to 11, as an acknowledgement of their critical role in nation-building.
Published 06 Oct, 2006 12:00am
Shaukat increases pay-scales of teachers

Shaukat increases pay-scales of teachers

Prime Minister Shaukat Aziz on Thursday announced upward revision of pay-scales of university teachers by one notch and that of school teachers by two grades from BPS 9 to 11, as an acknowledgement of their critical role in nation-building.
Published 06 Oct, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 105,481 tonnes of cargo including 91,277 tonnes import, 14,204 tonnes export cargo and 2,691 containers during last 24 hours ending at 0700 hours on Thursday.
Published 06 Oct, 2006 12:00am
Musharraf wants more aid for quake reconstruction

Musharraf wants more aid for quake reconstruction

President General Pervez Musharraf has appealed for $800 million more donations to meet shortfall for the reconstruction phase in areas hit by the devastated earthquake last year. He was speaking at the first annual review conference arranged by the Earth
Published 06 Oct, 2006 12:00am
Canada's wheat and canola crop estimates increase

Canada's wheat and canola crop estimates increase

Canadian farmers boosted their 2006 wheat and canola crop production estimates, a Statistics Canada report said Thursday, confirming industry expectations. "It's not any big surprise," a trader said about the canola projection. Another trader called the r
Published 06 Oct, 2006 12:00am
Musharraf wants more aid for quake reconstruction

Musharraf wants more aid for quake reconstruction

President General Pervez Musharraf has appealed for $800 million more donations to meet shortfall for the reconstruction phase in areas hit by the devastated earthquake last year. He was speaking at the first annual review conference arranged by the Earth
Published 06 Oct, 2006 12:00am
FOB Gulf wheat bows after futures rally

FOB Gulf wheat bows after futures rally

US FOB Gulf soft and hard red winter wheat export premiums bowed under on Wednesday, pressured by wheat futures surging nearly 6 percent to fresh 10-year highs, traders said.
Published 06 Oct, 2006 12:00am
Ordinance promulgated

Ordinance promulgated

President Prevez Musharraf on Thursday promulgated Defence Housing Authority Ordinance, 2006, to provide for the establishment of the Defence Housing Authority Islamabad. It come into force at once and extends to the specified areas.
Published 06 Oct, 2006 12:00am
Low activity on grain market

Low activity on grain market

Activity remained low on the grain market on Thursday as most of the buyers kept on the sidelines due to balanced demand and supply position, dealers said.
Published 06 Oct, 2006 12:00am
Ordinance promulgated

Ordinance promulgated

President Prevez Musharraf on Thursday promulgated Defence Housing Authority Ordinance, 2006, to provide for the establishment of the Defence Housing Authority Islamabad. It come into force at once and extends to the specified areas.
Published 06 Oct, 2006 12:00am
Chemicals mixed on Jodia Bazar

Chemicals mixed on Jodia Bazar

The trading on chemicals closed mixed on Jodia Bazar here, on Thursday. The following variations were noted.
Published 06 Oct, 2006 12:00am
Ordinance promulgated

Ordinance promulgated

President Prevez Musharraf on Thursday promulgated Defence Housing Authority Ordinance, 2006, to provide for the establishment of the Defence Housing Authority Islamabad. It come into force at once and extends to the specified areas.
Published 06 Oct, 2006 12:00am
US Midwest corn and soya mixed

US Midwest corn and soya mixed

Spot basis bids for corn and soyabeans were mostly steady to mixed around the US Midwest early Thursday amid light to moderate farmer selling following Wednesday's strong gains in futures, merchants said. Soft red winter wheat basis bids were steady to fi
Published 06 Oct, 2006 12:00am
CBOT wheat futures rise nearly six percent

CBOT wheat futures rise nearly six percent

Wheat futures on the Chicago Board of Trade exploded higher on Wednesday, with front-month December rising the 30-cent-a-bushel daily trading limit to 10-year highs on a host of fundamental and technical factors, traders said.
Published 06 Oct, 2006 12:00am
HRW wheat bids mostly steady

HRW wheat bids mostly steady

Hard red winter wheat basis bids held mostly steady in the US Plains on Thursday, with dealers reporting only scattered farmer sales after a big rally in wheat futures on Wednesday.
Published 06 Oct, 2006 12:00am
Oil cake market rates

Oil cake market rates

Easier trend was seen on the forward cottonseed oilcake market on Thursday as supplies were enough to meet the demand, they said. The December vaida commenced unchanged at Rs 528.60. Later, it gained 90 paisa to be day's best at Rs 529.50.
Published 06 Oct, 2006 12:00am
Modest fall seen in cotton prices

Modest fall seen in cotton prices

Modest decline was seen in the cotton prices on Thursday as phutti arrivals were satisfactory, dealers said. The Karachi Cotton Association (KCA) official spot rate was down by Rs 15 to Rs 2460, without upcountry expenses.
Published 06 Oct, 2006 12:00am
Cotton prices come under pressure

Cotton prices come under pressure

Cotton prices again came under pressure due to expectation of increasing seedcotton (kapas/phutti) arrivals, problems with certain sectors of the domestic textile industry, weak domestic yarn prices and overall fall in the New York cotton futures prices o
Published 06 Oct, 2006 12:00am
Cocoa futures drift lower in New York

Cocoa futures drift lower in New York

US cocoa futures ended down but off their lows on Wednesday as the market extended a sell-off from the previous session, which was tempered with trade buying before the close.
Published 06 Oct, 2006 12:00am
MGE wheat three percent up

MGE wheat three percent up

spring wheat futures at the Minneapolis Grain Exchange closed sharply higher on Wednesday, following a limit-up rally in Chicago Board of Trade wheat, traders said.
Published 06 Oct, 2006 12:00am
New York coffee ends firmer

New York coffee ends firmer

Arabica benchmark coffee futures settled with modest increases on Wednesday, with trade thin as prices consolidated recent wide fluctuations and participants waited for clearer direction, dealers said.
Published 06 Oct, 2006 12:00am
Comex copper ends down

Comex copper ends down

Copper futures in New York ended down over 2 percent on Wednesday, in sympathy with steep declines in the energy and precious metals markets, sources said.
Published 06 Oct, 2006 12:00am
New York gold falls

New York gold falls

Gold futures fell 2.5 percent on Wednesday on selling by hedge funds and a reallocation from commodities into a record breaking stock market rally. Traders braced for a further decline and precious metals remained on the ropes even when crude oil prices r
Published 06 Oct, 2006 12:00am
Tocom gold tumbles

Tocom gold tumbles

The key Tokyo gold futures contract slipped to a 3-1/2-month low on Thursday as selling gained momentum after it breached key support with supportive factors lacking.
Published 06 Oct, 2006 12:00am
Gold edges up

Gold edges up

Gold prices inched up on Thursday but sentiment was bearish as weakness in oil prices reduced the metal's appeal as a hedge against inflation, prompting investment funds to shift into bullish equities.
Published 06 Oct, 2006 12:00am
Malaysian tin up

Malaysian tin up

Malaysian tin closed up $278 on Thursday, lifted by strong buying interest and higher prices on the London Metal Exchange, one dealer said.
Published 06 Oct, 2006 12:00am
China allocates 2007 sugar import quotas

China allocates 2007 sugar import quotas

China, one of the world's top sugar consumers, has said 2007 low-tariff import quotas for the commodity will remain unchanged at 1.945 million tonnes.
Published 06 Oct, 2006 12:00am
Oil jumps above $60, Opec cuts feared spreading

Oil jumps above $60, Opec cuts feared spreading

Oil leapt more than 1 percent to above $60 a barrel on Thursday, extending its rebound from an eight-month low on a newspaper report that Opec members had agreed informally on the need to slash output by 1 million barrels per day.
Published 06 Oct, 2006 12:00am
Copper looks cheap after big losses

Copper looks cheap after big losses

Copper rose by more than $100 a tonne on Thursday after sharp losses in the week left the metal looking cheap in the face of a declining supply surplus.
Published 06 Oct, 2006 12:00am
Thai sugar premiums steady

Thai sugar premiums steady

Thai sugar premiums were expected to hold steady over the next week on limited domestic supply. Offers for Thai 100 ICUMSA white sugar, considered consumer grade, for October shipment were steady at $10 over London prices, but there were no bids on Thursd
Published 06 Oct, 2006 12:00am
New York sugar finishes firmer

New York sugar finishes firmer

Raw sugar prices settled higher on Wednesday on trade buying and speculative short-covering to reverse a run of sizeable losses, but the longer-term trend for prices points to lower levels, brokers said.
Published 06 Oct, 2006 12:00am
Soyabeans soar on technicals

Soyabeans soar on technicals

Chicago Board of Trade soyabeans rose to a two-month high on Wednesday, tracking the moves of the volatile wheat market, traders said. "Everyone was watching wheat. We went through some averages then beans took off," said one CBOT floor broker.
Published 06 Oct, 2006 12:00am
CBOT rice rises

CBOT rice rises

Rough rice futures at the Chicago Board of Trade closed higher amid light speculative buying on Wednesday, with rallies in the other CBOT markets lending support, traders said. Trading in rice was subdued compared with the other markets, which were floode
Published 06 Oct, 2006 12:00am
Tokyo rubber rises to two-week high

Tokyo rubber rises to two-week high

Tokyo rubber futures rose to their highest level in two weeks in trade on Thursday as speculators bought back contracts after recent falls. In early trade, the benchmark March 2007 contract on the Tokyo Commodity Exchange hit its highest level for a bench
Published 06 Oct, 2006 12:00am
Malaysian palm oil futures higher

Malaysian palm oil futures higher

Malaysian crude palm oil futures closed higher on Thursday, ending a three-day decline on the back of a recovery in crude oil prices, dealers said.
Published 06 Oct, 2006 12:00am
Germany to hold onto its gold reserves: Weber

Germany to hold onto its gold reserves: Weber

Germany will retain the vast bulk of its gold reserves in the current year of a pact limiting central bank bullion sales, Bundesbank President Axel Weber said on Thursday. The Bundesbank, which holds 3,423.5 tonnes of gold and is the second biggest hoarde
Published 06 Oct, 2006 12:00am
EU ministers endorse Asian shoe duties

EU ministers endorse Asian shoe duties

European Union ministers formally approved anti-dumping duties on leather shoe imports from China and Vietnam on Thursday, a day after a compromise was struck to end a battle between protectionists and free traders.
Published 06 Oct, 2006 12:00am
Ryanair makes surprise $1.9 billion bid for Aer Lingus

Ryanair makes surprise $1.9 billion bid for Aer Lingus

Ryanair, Europe's biggest budget airline, launched a shock bid for Aer Lingus on Thursday, valuing the former Irish state carrier - which listed just four days ago - at 1.48 billion euros ($1.9 billion).
Published 06 Oct, 2006 12:00am
Google launches search service for computer code

Google launches search service for computer code

Google Inc is introducing a new search service that only a geek could love. The Web search leader said late on Wednesday it is introducing Google Code Search, a site that simplifies how software developers search for programming code to improve existing s
Published 06 Oct, 2006 12:00am
US jobless claims drop to lowest level since July

US jobless claims drop to lowest level since July

New claims for US jobless aid fell by a bigger-than-expected 17,000 last week to the lowest level since mid-July, government data showed on Thursday, but the four-week average of claims changed little.
Published 06 Oct, 2006 12:00am
Opec to make first oil output cut since 2004

Opec to make first oil output cut since 2004

Opec will take one million barrels of oil a day off oversupplied world markets as soon as possible with its first output cut in more than two years, Opec officials said on Thursday, sending oil prices back above $60.
Published 06 Oct, 2006 12:00am
BoE holds interest rates at 4.75 percent

BoE holds interest rates at 4.75 percent

The Bank of England kept interest rates steady at 4.75 percent for the second month running on Thursday, but most economists predict a hike next month.
Published 06 Oct, 2006 12:00am
BoE holds interest rates at 4.75 percent

BoE holds interest rates at 4.75 percent

The Bank of England kept interest rates steady at 4.75 percent for the second month running on Thursday, but most economists predict a hike next month.
Published 06 Oct, 2006 12:00am
ECB raises interest rates to 3.25 percent

ECB raises interest rates to 3.25 percent

The European Central Bank raised interest rates on Thursday to 3.25 percent, their highest level in almost four years, and signalled another increase by the year end.
Published 06 Oct, 2006 12:00am
ECB raises interest rates to 3.25 percent

ECB raises interest rates to 3.25 percent

The European Central Bank raised interest rates on Thursday to 3.25 percent, their highest level in almost four years, and signalled another increase by the year end.
Published 06 Oct, 2006 12:00am
Doubts widen over key Airbus projects

Doubts widen over key Airbus projects

The woes affecting European planemaker Airbus seeped beyond the troubled A380 superjumbo on Thursday as doubts surfaced over two other projects and the EADS unit acknowledged it had fallen 10 years behind Boeing.
Published 06 Oct, 2006 12:00am
EU restricts amount of liquids on planes

EU restricts amount of liquids on planes

The European Commission backed new aviation security rules on Thursday that will restrict the amount of liquids passengers may take on board planes.
Published 06 Oct, 2006 12:00am
EADS gives pledge to Hamburg factory

EADS gives pledge to Hamburg factory

Co-chief executive of the European Aeronautic Defence and Space Company (EADS) Thomas Enders said on Thursday that production would continue at the group's site in the northern German city of Hamburg amid rumours it would be switched to Toulouse in France
Published 06 Oct, 2006 12:00am
Tata Steel may bid for Corus

Tata Steel may bid for Corus

India's Tata Steel Ltd said it is considering a take-over bid for Corus Group Plc, sending shares in the Anglo-Dutch steelmaker as much as 18 percent higher.
Published 06 Oct, 2006 12:00am
EU insists on privacy clauses for US air data deal

EU insists on privacy clauses for US air data deal

The European Union could agree new rules on Friday to supply personal records on passengers flying to the United States if Washington guarantees adequate privacy safeguards, EU officials said.
Published 06 Oct, 2006 12:00am
Canon may boost 2008 digital camera outlook

Canon may boost 2008 digital camera outlook

Canon Inc, the world's biggest digital camera maker, may lift its 2008 projection for its global digital camera shipments on an expected surge in demand from China, Russia and other emerging economies, a Canon official said on Thursday.
Published 06 Oct, 2006 12:00am
Egypt demands more compensation for oil spill

Egypt demands more compensation for oil spill

A Liberian tanker impounded in Egypt for spilling oil in the Suez Canal is facing more than 50 million pounds ($8.7 million) in compensation demands, a Canal Authority official said on Thursday.
Published 06 Oct, 2006 12:00am
Singapore bunker prices higher

Singapore bunker prices higher

Singapore bunker prices were higher on Thursday, as the premium to fuel oil cargo values stayed to around $1-$2 a tonne amid poor demand for a fourth consecutive day.
Published 06 Oct, 2006 12:00am
Agricole to get 600 branches in Italy deal

Agricole to get 600 branches in Italy deal

Banca Intesa and Sanpaolo IMI may give Credit Agricole about 600 bank branches as well as compensation for an early end to exclusivity deals to win approval for their merger, according to sources close to the matter.
Published 06 Oct, 2006 12:00am
Bulgaria expects 3.0 billion euros in FDI this year

Bulgaria expects 3.0 billion euros in FDI this year

Bulgaria, Buoyed by a real-estate boom and an invitation to join the European Union on January 1, should attract a record 3.0 billion euros in foreign investment this year, the head of its investment agency said on Thursday.
Published 06 Oct, 2006 12:00am
Thai court shines spotlight on Shin units

Thai court shines spotlight on Shin units

A Thai court agreed on Thursday to hear a case to revoke the licences of three Shin Corp affiliates over alleged violation of foreign ownership laws following Shin's $3.8 billion sale to Singapore's Temasek.
Published 06 Oct, 2006 12:00am
Philips mulls lamps plant in southern Africa

Philips mulls lamps plant in southern Africa

Philips Electronics said on Thursday it was considering building factory to assemble energy-saving lamps in southern Africa. "We are investigating the feasibility of building an assembly factory for compact fluorescent lamps in southern Africa - the first
Published 06 Oct, 2006 12:00am
Microsoft aims to scuttle pirated copies of Vista

Microsoft aims to scuttle pirated copies of Vista

Microsoft Corp's upcoming Windows Vista computer operating system will include technology that is designed to prevent pirated copies from fully functioning, the software giant said.
Published 06 Oct, 2006 12:00am
Japanese government bonds fall

Japanese government bonds fall

Japanese government bonds erased earlier gains and fell on Thursday as investors sold bonds to buy shares, while a Bank of Japan official's remarks raised concerns about another rate increase.
Published 06 Oct, 2006 12:00am
Japanese government bonds fall

Japanese government bonds fall

Japanese government bonds erased earlier gains and fell on Thursday as investors sold bonds to buy shares, while a Bank of Japan official's remarks raised concerns about another rate increase.
Published 06 Oct, 2006 12:00am
Jakarta shares up

Jakarta shares up

Jakarta share prices closed 0.51 percent higher on Thursday, driven by late buying in some major banks after Bank Indonesia cut its key policy rate by 50 basis points to 10.75 percent, dealers said. The Jakarta Stock Exchange composite index closed up 7.8
Published 06 Oct, 2006 12:00am
Hong Kong shares climb to six-year peaks

Hong Kong shares climb to six-year peaks

Hong Kong stocks rallied 1.6 percent to close at fresh six-year peaks on Thursday, fuelled by a record high in the Dow Jones industrial average, with market heavyweight HSBC Holdings hitting an all-time peak. Most property stocks also gained on hopes that
Published 06 Oct, 2006 12:00am
US stocks jump, Dow sets record close for second day

US stocks jump, Dow sets record close for second day

The Dow Jones industrial average jumped 123 points to a second straight record close on Wednesday in a rally driven by optimism about the outlook for interest rates and profits. Weaker-than-expected services data reaffirmed views the Federal Reserve will
Published 06 Oct, 2006 12:00am
Taiwan stocks finish firmer

Taiwan stocks finish firmer

Taiwan stocks rose 1.78 percent on Thursday to their highest close in 4-1/2 months as a rally in the US Dow Jones to an all-time closing peak triggered widespread buying, including in technology heavyweights like TSMC.
Published 06 Oct, 2006 12:00am
US Treasuries rally on weak jobs

US Treasuries rally on weak jobs

US government debt prices rallied on Wednesday after soft readings on employment and the services sector reinforced the view that the economy was losing steam and the Federal Reserve would not raise interest rates.
Published 06 Oct, 2006 12:00am
US Treasuries rally on weak jobs

US Treasuries rally on weak jobs

US government debt prices rallied on Wednesday after soft readings on employment and the services sector reinforced the view that the economy was losing steam and the Federal Reserve would not raise interest rates.
Published 06 Oct, 2006 12:00am
Thai shares climb

Thai shares climb

Thai share prices closed 1.13 percent higher on Thursday in line with new record highs on Wall Street amid hopes for a soft landing for the US economy, dealers said. They said gains across the region also boosted the Thai market with buying spread across
Published 06 Oct, 2006 12:00am
Philippines shares close 2.99 percent higher

Philippines shares close 2.99 percent higher

Philippines share prices closed 2.99 percent higher on Thursday, following tame inflation data which bolstered hopes the central bank would trim its key interest rates soon, dealers said.
Published 06 Oct, 2006 12:00am
Argentine shares soar

Argentine shares soar

Argentine stocks closed higher on Wednesday, as bank shares rose, inspired by sharp gains in Brazil, Chile and Mexico. The MerVal index of 13 leading shares rose 0.84 percent to 1,641.4 points, accumulating a 0.25 percent rise in October, and a 6.36 perce
Published 06 Oct, 2006 12:00am
Singapore shares jump

Singapore shares jump

Singapore share prices closed 1.48 percent higher on Thursday, edging closer to all-time highs, following the lead of Wall Street's Dow Jones share index which reached a new record level, dealers said.
Published 06 Oct, 2006 12:00am
Nikkei rises 2.3 percent to highest close since May

Nikkei rises 2.3 percent to highest close since May

The Nikkei average booked its highest close in nearly five months on Thursday, climbing 2.28 percent as investors snapped up shares of Canon Inc and other leading Japanese firms after the Dow Jones industrial average booked its second straight record-high
Published 06 Oct, 2006 12:00am
Swiss franc steady

Swiss franc steady

The Swiss franc was little changed against the US dollar and euro on Thursday ahead of the European Central Bank's interest rate decision later in the day. Markets also await a speech from SNB board member Philipp Hildebrand due later in the session for f
Published 06 Oct, 2006 12:00am
Chinese yuan could reach par with Hong Kong dollar

Chinese yuan could reach par with Hong Kong dollar

The Chinese yuan could reach parity with the Hong Kong dollar within six months, but opening China's capital account is more important for financial liberalisation than currency appreciation, Hong Kong's central bank said on Thursday.
Published 06 Oct, 2006 12:00am
Euro dips before expected ECB rate rise

Euro dips before expected ECB rate rise

The euro slipped against the yen and the dollar on Thursday as investors took profits before a widely expected interest-rate increase by the European Central Bank later in the session.
Published 06 Oct, 2006 12:00am
Dollar edges higher

Dollar edges higher

The dollar firmed against most major currencies on Wednesday, ignoring weak US jobs and services reports as generally weaker oil prices eased investor concerns the US economy may not slow as much as initially thought.
Published 06 Oct, 2006 12:00am
Asian currencies steady

Asian currencies steady

Asian currencies were largely steady on Thursday, supported by a rally in the yen, but mostly sticking to familiar ranges and waiting for fresh direction.
Published 06 Oct, 2006 12:00am
Hong Kong dollar regains some lost ground

Hong Kong dollar regains some lost ground

The Hong Kong dollar, which fell on Wednesday to a 16-1/2 month low against the US dollar, regained some ground on Thursday on arbitrage profit taking and a flow of funds into the territory. The currency was trading at 7.7911/12, up from Wednesday's close
Published 06 Oct, 2006 12:00am
Three cities named for Twenty20 World Cup

Three cities named for Twenty20 World Cup

Johannesburg, Cape Town and Durban will be the three host cities for the inaugural ICC Twenty20 World Cup to be staged in South Africa in September 2007, Cricket South Africa announced on Thursday. "These are world class venues for what is going to be a w
Published 06 Oct, 2006 12:00am
West Indies keen to build momentum ahead of World Cup

West Indies keen to build momentum ahead of World Cup

The West Indies will have more than damaged pride to play for when they open the defence of their ICC Champions Trophy with an unwanted qualifying match against Zimbabwe in Ahmedabad on Sunday.
Published 06 Oct, 2006 12:00am
India brushes aside 2011 World Cup threat

India brushes aside 2011 World Cup threat

India on Thursday reiterated it would not sign a key commercial contract with cricket's world governing body despite threats it could lose the right to stage the 2011 cricket World Cup as a result.
Published 06 Oct, 2006 12:00am
Federer reaches last eight of Japan Open

Federer reaches last eight of Japan Open

World number one Roger Federer quickly ended Wesley Moodie's reign as Japan Open champion with a clinical 6-2 6-1 win to reach the quarter-finals on Thursday. Razor-sharp from the opening point, the Swiss took 52 minutes to blow away the South African beh
Published 06 Oct, 2006 12:00am
Mauresmo withdraws from Stuttgart Grand Prix

Mauresmo withdraws from Stuttgart Grand Prix

Top seed Amelie Mauresmo withdrew from the Stuttgart Grand Prix without playing a match on Thursday, suffering from a right shoulder strain. The French world number one added her name to a tournament injury list that includes Kim Clijsters, Justine Henin-
Published 06 Oct, 2006 12:00am
FIFA officials reach Lahore

FIFA officials reach Lahore

With a view to discussing various matters pertaining to goal project-II with high-ups of Pakistan Football Federation (PFF), FIFA's Development Manager in Asia and Oceania, David Borja reached here on Thursday.
Published 06 Oct, 2006 12:00am
Yousuf to lead Pakistan after Younis refusal

Yousuf to lead Pakistan after Younis refusal

Pakistan Cricket Board (PCB) has named Muhammad Yousuf and Abdur Razzaq as captain and vice-captain, respectively for Champions Trophy Tournament to be played at India. The PCB has made this announcement after refusal of Younis Khan to lead the team. The
Published 06 Oct, 2006 12:00am
Nazi-era mass grave discovered in German cemetery

Nazi-era mass grave discovered in German cemetery

German authorities said on Thursday that they had unearthed the remains of 51 people, most of them children, in what may be a mass grave for murdered victims of Hitler's euthanasia programme.
Published 06 Oct, 2006 12:00am
Air raids, bombings in Sri Lanka

Air raids, bombings in Sri Lanka

Sri Lanka's Air Force bombed Tamil Tiger bases for a third day on Thursday, and suspected rebels clashed with government soldiers, after the foes agreed to crunch talks aimed at halting renewed civil war.
Published 06 Oct, 2006 12:00am
Japan presses for UN stand on North Korea nuclear vow

Japan presses for UN stand on North Korea nuclear vow

Japan pressed on with efforts on Thursday to secure a UN condemnation of North Korea's nuclear test threat after Washington, in its starkest warning so far, said it would not live with a nuclear-armed Pyongyang.
Published 06 Oct, 2006 12:00am
Democrats poised for US Senate gains: poll

Democrats poised for US Senate gains: poll

Democrats are poised for US Senate gains in the November 7 election, but face an uphill battle to pick up the six seats they need for control, according to Reuters/Zogby polls released on Thursday.
Published 06 Oct, 2006 12:00am
Merkel's health reform shores up German coalition

Merkel's health reform shores up German coalition

Germany's government sealed an agreement on healthcare reform on Thursday which eased concerns about the coalition's stability but attracted criticism as a face-saving compromise that delays key changes.
Published 06 Oct, 2006 12:00am
UK Muslim officer excused duty at Israeli embassy

UK Muslim officer excused duty at Israeli embassy

London police defended on Thursday a controversial decision to excuse a Muslim firearms officer from guard duty at the Israeli embassy, saying it was based on a potential safety risk and not on the man's personal views.
Published 06 Oct, 2006 12:00am
US denies Iraqi reports al Qaeda leader dead

US denies Iraqi reports al Qaeda leader dead

The US military and Iraqi government denied reports on Thursday that al Qaeda's leader in Iraq had been killed in a raid but said DNA tests would be conducted on bodies recovered after the attack to make sure.
Published 06 Oct, 2006 12:00am
Dengue outbreak kills 38 in India

Dengue outbreak kills 38 in India

An outbreak of dengue fever has swept across India's capital and five states, killing 38 people and infected over 2,900 others, Health Minister Ambumani Ramadoss said on Thursday.
Published 06 Oct, 2006 12:00am