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Print - 2007-03-11
Prices, business volume rise on cotton market

Prices, business volume rise on cotton market

Prices moved up sharply on the cotton market on Saturday as mills accelerated buying in anticipation of further rise in the rates, dealers said. The Karachi Cotton Association (KCA) official spot rate was higher by Rs 50 at Rs 2,575, without upcountry exp
Published 11 Mar, 2007 12:00am
WCE canola futures higher

WCE canola futures higher

Winnipeg Commodity Exchange canola futures were higher on Thursday following US soy gains and on crusher and fund buying, but scale-up farmer hedges kept gains in check, traders said. Canola ended $1.10 to $3.70 per tonne higher, with May up $2.90 at $379
Published 11 Mar, 2007 12:00am
Milk powder prices up on Jodia Bazar

Milk powder prices up on Jodia Bazar

The trading on milk powder sector ended up on Jodia Bazar here on Saturday. The following variations were seen.
Published 11 Mar, 2007 12:00am
Asian freight bulk rates up, demand firm

Asian freight bulk rates up, demand firm

Spot bulk freight rates for the key Asian routes surged from month-ago levels, as shipowners raised their offers on an anticipated increase in long-haul demand, while port congestion kept quality tonnage off the market.
Published 11 Mar, 2007 12:00am
Singapore bunker fuel prices fall

Singapore bunker fuel prices fall

Singapore bunker prices fell on Friday, tracking lower cargo prices as the differential held steady at $6-$7 a tonne, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $295-$297 a tonne, while its differential to fuel oil cargoes we
Published 11 Mar, 2007 12:00am
Suez Canal to raise fees by about 2.8 percent

Suez Canal to raise fees by about 2.8 percent

The Suez Canal Authority will raise fees on passing ships in April by an average of 2.8 percent, adding roughly $150 million to revenues this year, a canal official said on Monday. The official, who asked not to be named, said the canal authority decided
Published 11 Mar, 2007 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 93,075 tonnes cargo including 51,830 tonnes import, 41,245` tonnes export cargo and 3,619 containers during last 24 hours ending at 0700 hours on Saturday.
Published 11 Mar, 2007 12:00am
Mauritius container handling to grow 60 percent

Mauritius container handling to grow 60 percent

The Mauritius port's container handling capacity is expected to grow by 60 percent in 2007 after two new cranes become operational, a top port official said on Tuesday.
Published 11 Mar, 2007 12:00am
PSA's 2006 profit up 14 percent

PSA's 2006 profit up 14 percent

PSA International, Singapore's state-owned ports operator, on Monday reported a 14 percent rise in 2006 profit and said its main challenge for this year would be to keep its costs under control.
Published 11 Mar, 2007 12:00am
PSA's 2006 profit up 14 percent

PSA's 2006 profit up 14 percent

PSA International, Singapore's state-owned ports operator, on Monday reported a 14 percent rise in 2006 profit and said its main challenge for this year would be to keep its costs under control.
Published 11 Mar, 2007 12:00am
Caribbean freight rates fall again

Caribbean freight rates fall again

Spot rates for Aframax dirty tankers on Caribbean routes weakened further, under pressure from softer European markets, brokers said on Thursday. Rates for 70,000 tonne dirty cargoes moving between the Caribbean and the US Gulf Coast fell to W200 from W21
Published 11 Mar, 2007 12:00am
CBOT rice lower

CBOT rice lower

Rough rice futures at the Chicago Board of Traded ended weaker on Thursday as the market drifted lower amid thin volume, traders said. "When we failed to climb more than 2 cents on the open, we couldn't attract major trading on either side of the market,"
Published 11 Mar, 2007 12:00am
South Korean copper demand picking up

South Korean copper demand picking up

South Korean spot copper premiums have risen since late last year as demand for copper cathode from copper wire makers has recovered modestly after a two-year slump, traders said. The copper cathode import premium was quoted at around $120 per tonne over
Published 11 Mar, 2007 12:00am
US copper ends off

US copper ends off

US copper futures slid in late trade and closed just above session lows as participants squared positions ahead of the weekend, traders said. The early boost provided by healthier-than-forecast US jobs data was viewed as an opportune time to sell, they ad
Published 11 Mar, 2007 12:00am
USDA report seen neutral for cotton market

USDA report seen neutral for cotton market

The monthly supply/demand report by the US Agriculture Department will probably have a neutral impact on the cotton market because all the changes were in line with trade expectations, analysts said Friday. USDA lowered US cotton exports to 14 million (48
Published 11 Mar, 2007 12:00am
Australian wool higher on week

Australian wool higher on week

The Australian wool market finished 3.6 percent higher, on average, at sales in Sydney, Melbourne and Fremantle this week, when the trade saw the start of a series of smaller offerings and a weaker Australian dollar.
Published 11 Mar, 2007 12:00am
Coffee higher

Coffee higher

US arabica coffee futures closed a shade higher Friday, as origin sellers backed away from the market amid a firming Brazilian currency and speculators provided some support, brokers said. "Technically New York is consolidating. London had a nice performa
Published 11 Mar, 2007 12:00am
Soybeans end firm

Soybeans end firm

Chicago Board of Trade soybean futures closed firm on Friday after a choppy and range-bound session, recovering from an early technical sell-off, traders said. Soybeans were able to bounce when CBOT wheat rallied.
Published 11 Mar, 2007 12:00am
US gold futures down

US gold futures down

US gold futures finished lower on Friday, ending a streak of solid gains in the last three sessions as the dollar rose and crude oil weakened. Most-active gold for April delivery on the COMEX division of the New York Mercantile Exchange settled down $3.50
Published 11 Mar, 2007 12:00am
World market price for upland cotton

World market price for upland cotton

The US Agriculture Department set the prevailing world market price for upland cotton at 43.67 cents per pound, effective through March 15. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton.
Published 11 Mar, 2007 12:00am
New York cocoa settles up

New York cocoa settles up

US cocoa open-outcry futures contracts closed higher Friday in a fund-driven market with dry weather in West Africa's cocoa belt underpinning prices, dealers said. "You had predominantly fund buying and selling on both sides of the market with a little bi
Published 11 Mar, 2007 12:00am
Commodity prices falter

Commodity prices falter

World commodity prices faced another mixed performance last week as investors mulled a modest recovery in global stock markets and signs of strengthening Chinese and American demand.
Published 11 Mar, 2007 12:00am
Reliance fixes 1-for-5 ratio to absorb IPCL

Reliance fixes 1-for-5 ratio to absorb IPCL

India's top private firm Reliance Industries Ltd board on Saturday fixed a one-for-five share swap ratio for absorbing its unit Indian Petrochemicals Corp Ltd (IPCL) a statement said.
Published 11 Mar, 2007 12:00am
Boeing boss sees threat from China

Boeing boss sees threat from China

China will soon be threatening major Western aircraft makers, Boeing boss James McNerney said in an interview with German weekly Der Spiegel to be published on Sunday.
Published 11 Mar, 2007 12:00am
China pension fund eyes more investment abroad

China pension fund eyes more investment abroad

China's National Social Security Fund plans to pour more of its assets into overseas financial markets, its chairman Xiang Huaicheng said on Saturday.
Published 11 Mar, 2007 12:00am
Hyundai Motor union accepts night shift reforms

Hyundai Motor union accepts night shift reforms

Unionised workers at South Korea's largest automaker Hyundai Motor have agreed to the introduction of an additional work shift, settling a protracted dispute, company officials said Saturday.
Published 11 Mar, 2007 12:00am
US ready to reduce agricultural subsidies: Bush

US ready to reduce agricultural subsidies: Bush

The United States is prepared to reduce agricultural subsidies but wants to ensure market access for goods, President George W. Bush said on Saturday during a tour of Latin America.
Published 11 Mar, 2007 12:00am
Brazil and US sees progress in global trade talks

Brazil and US sees progress in global trade talks

Brazilian and US trade negotiators said on Saturday they believed they could make progress in the stalled Doha round of global trade talks but warned that the window would not stay open for long.
Published 11 Mar, 2007 12:00am
Head of Argentine statistics office quits

Head of Argentine statistics office quits

The director of Argentina's statistics agency has resigned following accusations of government interference with inflation data, a leading newspaper reported on Saturday.
Published 11 Mar, 2007 12:00am
Stricter lending seen barring one million US home buyers

Stricter lending seen barring one million US home buyers

Tougher lending standards stemming from the shakeout in the beleaguered subprime mortgage industry could prevent up to 1.1 million US homebuyers from getting mortgages this year, a Bear Stearns analyst told investors on Friday.
Published 11 Mar, 2007 12:00am
Dubai rough diamond trade up 5.36 percent

Dubai rough diamond trade up 5.36 percent

Total trade in rough diamonds in Dubai grew 5.36 percent to $3.93 billion in 2006, the Dubai Diamond Exchange (DDE) said on Saturday. In terms of volume, trade rose 18.8 percent to 84.6 million carats with imports rising 15 percent to about 42.6 million c
Published 11 Mar, 2007 12:00am
KFC China food scare prompts official probe

KFC China food scare prompts official probe

Reports that US fast food chain KFC is using a potentially harmful chemical in the cooking process at restaurants in China are being investigated by officials, the country's health ministry said.
Published 11 Mar, 2007 12:00am
World Cup to hit British economy: study

World Cup to hit British economy: study

The Cricket World Cup, due to start next week and last almost two months, could hit Britain's economic productivity by 270 million pounds (397 million euros, 521 million dollars), according to an independent study published Saturday.
Published 11 Mar, 2007 12:00am
'South Korean economy faces trouble in 4-6 years'

'South Korean economy faces trouble in 4-6 years'

The head of Samsung Group linked his company to the South Korean economy and said a wake-up call was needed for both to avoid serious problems within four to six years, news reports said Saturday. Lee Kun-Hee, chairman of Samsung Group, also told journali
Published 11 Mar, 2007 12:00am
Canadian bonds fall

Canadian bonds fall

The Canadian bond prices tumbled on Friday, as the strong data in both Canada and the United States eased expectations for interest rate cuts. While Canadian economists have been forecasting no rate movement from the Bank of Canada, bond prices have sugge
Published 11 Mar, 2007 12:00am
Canadian bonds fall

Canadian bonds fall

The Canadian bond prices tumbled on Friday, as the strong data in both Canada and the United States eased expectations for interest rate cuts. While Canadian economists have been forecasting no rate movement from the Bank of Canada, bond prices have sugge
Published 11 Mar, 2007 12:00am
Emerging sovereign debt prices flat

Emerging sovereign debt prices flat

Emerging sovereign debt prices were little changed on Friday as key US jobs data came within expectations and investors remained cautious about the impact of a stronger yen in risky markets.
Published 11 Mar, 2007 12:00am
Emerging sovereign debt prices flat

Emerging sovereign debt prices flat

Emerging sovereign debt prices were little changed on Friday as key US jobs data came within expectations and investors remained cautious about the impact of a stronger yen in risky markets.
Published 11 Mar, 2007 12:00am
US corporate bond spreads tighten

US corporate bond spreads tighten

US corporate bond spreads tightened on Friday as a US labour report showed job creation was better than expected, easing concerns about a slowdown in economic growth and corporate ability to manage debt.
Published 11 Mar, 2007 12:00am
US corporate bond spreads tighten

US corporate bond spreads tighten

US corporate bond spreads tightened on Friday as a US labour report showed job creation was better than expected, easing concerns about a slowdown in economic growth and corporate ability to manage debt.
Published 11 Mar, 2007 12:00am
US Treasuries sharply down

US Treasuries sharply down

US government bond prices fell sharply on Friday as a report showing a tight labour market forced some investors to lower their bets on the chances of a Federal Reserve interest rate cut by midyear.
Published 11 Mar, 2007 12:00am
US Treasuries sharply down

US Treasuries sharply down

US government bond prices fell sharply on Friday as a report showing a tight labour market forced some investors to lower their bets on the chances of a Federal Reserve interest rate cut by midyear.
Published 11 Mar, 2007 12:00am
IPO view: disappointing offerings not market wide problem

IPO view: disappointing offerings not market wide problem

Despite weak performances of two recent US initial public offerings, investors are not concerned about the overall IPO market, analysts said. "The fact that a telecom issue or a particular sector has not faired as well is not an indictment of the entire I
Published 11 Mar, 2007 12:00am
European Stocks: spotlight on data, earnings

European Stocks: spotlight on data, earnings

European stocks are set for a cautious week ahead as jittery investors wait to see whether markets will claw back from their recent steep losses or threaten to tumble further.
Published 11 Mar, 2007 12:00am
Chile stocks surge

Chile stocks surge

Chilean stocks traded higher for a second day on Friday after US jobs data buoyed investor sentiment. The all-market IGPA index, advanced 0.34 percent to 13,190 points, while the trade-weighted blue chip IPSA index advanced 0.36 percent to 2,880.
Published 11 Mar, 2007 12:00am
Mexican stocks jump

Mexican stocks jump

Mexican stocks closed sharply higher for the second straight day on Friday after a US jobs report eased concerns about slower economic growth in the United States. The benchmark IPC stock index climbed 1.24 percent to 27,106.53 points.
Published 11 Mar, 2007 12:00am
Toronto stocks finish with small gains

Toronto stocks finish with small gains

The Toronto Stock Exchange's main index gave back early gains on Friday but managed to end slightly higher due to firm jobs data on both sides of the border that offset weakness in energy and materials issues.
Published 11 Mar, 2007 12:00am
Brazil stocks rise

Brazil stocks rise

Brazil's stocks rose on Friday. The Bovespa index of the Sao Paulo Stock Exchange rose 1.54 percent to a preliminary close of 44,133.42 points. Signs of vigor in the US job market eased concerns about economic growth that could dampen demand for commoditi
Published 11 Mar, 2007 12:00am
American credit market outlook

American credit market outlook

Fortune Brands' debt may be too risky at current spreads as analysts point to the beverage maker as the most likely candidate to buy Absolut vodka maker Vin & Sprit, if the company is put up for sale.
Published 11 Mar, 2007 12:00am
American credit market outlook

American credit market outlook

Fortune Brands' debt may be too risky at current spreads as analysts point to the beverage maker as the most likely candidate to buy Absolut vodka maker Vin & Sprit, if the company is put up for sale.
Published 11 Mar, 2007 12:00am
US stocks end mixed

US stocks end mixed

US blue chip stocks squeaked out a gain on Friday after a report on the US job market reassured investors about the economy, but growing worries about a segment of the home lending business kept the broader market nearly unchanged.
Published 11 Mar, 2007 12:00am
Canadian dollar rises

Canadian dollar rises

The Canadian dollar rose against the greenback on Friday after a domestic jobs report that came in better than expected, while commodity prices pushed higher and offered further support. Domestic bond prices turned lower immediately after the jobs report,
Published 11 Mar, 2007 12:00am
Australian dollar eases back

Australian dollar eases back

The Australian dollar briefly rose above 78 cents on Friday, buoyed by gains on the cross rate against the Japanese yen, as investors' appetite tentatively returned for high-yielding currencies amid stable stock markets.
Published 11 Mar, 2007 12:00am
Dollar leaps against yen

Dollar leaps against yen

The dollar strengthened against the yen and Swiss franc on Friday after a report showing US jobs growth gave investors courage to add to riskier trades financed by borrowing in low-yielding currencies.
Published 11 Mar, 2007 12:00am
IMM speculators slash net yen short position

IMM speculators slash net yen short position

Currency speculators slashed their net short yen position by nearly half, as investors unwound hefty carry trades that pushed the yen to a four-year low in January, weekly data from the Commodity Futures Trading Commission showed on Friday.
Published 11 Mar, 2007 12:00am
Euro swap rates up

Euro swap rates up

Short-dated euro zone swap rates rose on Friday, tracking bond yields after US jobs data prompted traders to pare back expectations on how aggressively the Federal Reserve will cut interest rates this year.
Published 11 Mar, 2007 12:00am
Low inflation a puzzle for central bankers

Low inflation a puzzle for central bankers

You'd think that low inflation is a dream come true for central bankers. Instead, they are perplexed. Economic theory would argue that three years of soaring commodity prices, global growth at its strongest in three decades, falling unemployment rates and
Published 11 Mar, 2007 12:00am
Inflation expectations key to policy: Fed officials

Inflation expectations key to policy: Fed officials

Federal Reserve officials stressed on Friday the importance of keeping close watch on inflation expectations as a way to keep inflation in check and keep track of trends in the economy.
Published 11 Mar, 2007 12:00am
Investor flows suggest a lot more yen-short unwinding

Investor flows suggest a lot more yen-short unwinding

Many investors have already taken a hit as the Japanese yen has strengthened over the past few weeks but flow data suggests that if short positions are to unwind completely it could take until the end of April.
Published 11 Mar, 2007 12:00am
Hingis, Sharapova reach Indian Wells third round

Hingis, Sharapova reach Indian Wells third round

Former champion Martina Hingis cruised but top seed Maria Sharapova had to work a little harder to secure opening victories in the women's event at the Pacific Life Open on Friday.
Published 11 Mar, 2007 12:00am
Pakistan cruise to win on 'unfit' pitch

Pakistan cruise to win on 'unfit' pitch

Younis Khan and Mohammad Yousuf were again the standouts as they guided Pakistan to a seven-wicket win over South Africa in a World Cup warm-up match on Friday. South Africa, who lost the toss and were put in to bat, were dismissed for 199 on a pitch that
Published 11 Mar, 2007 12:00am
Lara bemoans chronic batting collapse

Lara bemoans chronic batting collapse

West Indies captain Brian Lara said his team had a chronic problem with batting collapses after they were rolled over for 85 by India in their World Cup warm-up match on Friday.
Published 11 Mar, 2007 12:00am
FA handed keys to new Wembley Stadium

FA handed keys to new Wembley Stadium

England's Football Association has taken possession of the new Wembley Stadium, a major step towards its official inauguration and the hosting on May 19 of the FA Cup final.
Published 11 Mar, 2007 12:00am
Lockerbie, Liang share lead in Singapore

Lockerbie, Liang share lead in Singapore

Britian's Gary Lockerbie and China's Liang Wen-chong moved into a share of the lead on 12-under-par after the third round of the Singapore Masters on Saturday.
Published 11 Mar, 2007 12:00am
Winners and runners-up

Winners and runners-up

Previous World Cup winners and runners-up ahead of the 2007 tournament which opens in the West Indies on Sunday:

Published 11 Mar, 2007 12:00am
World Cup records

World Cup records

World Cup records ahead of the 2007 tournament which opens in the West Indies on March 11:
Published 11 Mar, 2007 12:00am
Marathon men take aim at ICC World Cup

Marathon men take aim at ICC World Cup

Thirty-two years after the first World Cup was decided over a modest five playing days, the 2007 edition will open on Sunday and will go on and on until April 28. The 16-team World Cup in the Caribbean will last 48 days with 51 matches broadcast live to a
Published 11 Mar, 2007 12:00am
Opposition protest accuses Spain of ETA surrender

Opposition protest accuses Spain of ETA surrender

Tens of thousands of demonstrators gathered at an opposition rally in Madrid on Saturday to vent their rage at what they say is the Spanish government's "surrender" to Basque separatists ETA.
Published 11 Mar, 2007 12:00am
Chirac to announce retirement

Chirac to announce retirement

President Jacques Chirac is expected to announce Sunday that he will retire after more than 40 years at the top in French politics. The 74 year-old leader is to reveal in an address to the nation on radio and television whether he will stand in the presid
Published 11 Mar, 2007 12:00am
Bangladesh launches massive demolition drive

Bangladesh launches massive demolition drive

Bangladesh authorities have launched a massive demolition drive in Dhaka to ease the capital's chronic traffic congestion, an official said Saturday. Thousands of illegally constructed buildings in upmarket areas of the city are being reduced to rubble by
Published 11 Mar, 2007 12:00am
North Korea warns of 'actions' if bank squeeze not relaxed

North Korea warns of 'actions' if bank squeeze not relaxed

North Korean nuclear envoy Kim Kye-gwan warned on Saturday that if the United States failed to lift financial sanctions against it, his country would have to take "corresponding actions" in response.
Published 11 Mar, 2007 12:00am
Afghan parliament passes revised amnesty bill

Afghan parliament passes revised amnesty bill

The Afghan parliament passed a revised bill on Saturday that called for amnesty for groups involved in war crimes but also recognised the victims' right to seek justice, lawmakers said.
Published 11 Mar, 2007 12:00am
Bush ignores Chavez on Latin American tour

Bush ignores Chavez on Latin American tour

US President George W. Bush stuck to talk of trade and friendship on Saturday during a Latin American tour, ignoring provocation's from ideological rival Venezuelan President Hugo Chavez.
Published 11 Mar, 2007 12:00am
Gunmen fire on Hamas minister's car: Abbas, King Abdullah II meet

Gunmen fire on Hamas minister's car: Abbas, King Abdullah II meet

Gunmen opened fire on the convoy of a Hamas government minister on Saturday, threatening to complicate talks on a Palestinian national unity government a day after prime minister-designate Ismail Haniya was given another fortnight to form it.
Published 11 Mar, 2007 12:00am
US readies to change clocks to help environment

US readies to change clocks to help environment

Energy-guzzling Americans, always on the lookout for a painless path to conservation, can celebrate this weekend when they will cut greenhouse gas emissions by simply pushing forward the hands on their clocks.
Published 11 Mar, 2007 12:00am
Police guard airport after Hurley wedding scuffles

Police guard airport after Hurley wedding scuffles

Dozens of police guarded the airport where actress Elizabeth Hurley was due to leave the desert city of Jodhpur on Saturday after a brief battle between reporters and security guards overshadowed her Hindu wedding.
Published 11 Mar, 2007 12:00am
UN envoy to send Kosovo proposal to Security Council

UN envoy to send Kosovo proposal to Security Council

UN envoy Martti Ahtisaari on Saturday declared an end to the fruitless search for Serb-Albanian compromise on Kosovo and said he would send his independence proposal to the UN Security Council this month.
Published 11 Mar, 2007 12:00am
Italians rally for gay and unwed couples' right

Italians rally for gay and unwed couples' right

Thousands of Italians rallied on Saturday for legal rights for unmarried gay and heterosexual couples while Roman Catholics launched a movement against what many of them consider an attack on the "traditional" family. Demonstrators filled a Roman piazza i
Published 11 Mar, 2007 12:00am
Iraq kidnappers demand Germany quit Afghanistan

Iraq kidnappers demand Germany quit Afghanistan

A little-known Iraqi militant group said on Saturday it would kill two hostages, a German woman and her son, in 10 days unless Berlin withdraws its 3,000 troops from Afghanistan.
Published 11 Mar, 2007 12:00am
Egyptian cleric launches website for moderate Islam

Egyptian cleric launches website for moderate Islam

Egypt's top Muslim cleric or mufti, Sheikh Ali Gomaa, has launched a website to give a voice to moderate Islamic religious opinion, Cairo newspapers reported on Saturday.
Published 11 Mar, 2007 12:00am
Osama bin Laden completes 50 years

Osama bin Laden completes 50 years

Osama bin Laden, if he's alive, celebrated his 50th birthday on Saturday, and his friends in the Taliban prayed for his long life. The al Qaeda leader's long silence has fuelled speculation that the world's most-wanted fugitive may have died, though many
Published 11 Mar, 2007 12:00am
11 killed in Afghanistan

11 killed in Afghanistan

Eleven men were killed in hours of factional clashes involving about 40 fighters allied to rival commanders in central Afghanistan, commanders said Friday. The head of one faction said his men were attacked by their rivals in a village in remote Ghor prov
Published 11 Mar, 2007 12:00am
Need to evolve high-yielding cotton varieties stressed

Need to evolve high-yielding cotton varieties stressed

Former Speaker of National Assembly Syed Fakhar Imam on Friday stressed the need for evolving high yielding cotton varieties, having resistance against cotton leaf curl virus (CLCV) and bollworms to keep the country's cotton economy booming.
Published 11 Mar, 2007 12:00am
First aviation symposium on March 12

First aviation symposium on March 12

The current aviation scenario in Pakistan and marketing prospects in the sector for major and middle level players in the field will figure in the first-ever one-day Pakistan National Aviation Symposium-2007, being held at a local hotel on Monday.
Published 11 Mar, 2007 12:00am
Irsa releases 109,432-cusec water from reservoirs

Irsa releases 109,432-cusec water from reservoirs

Indus River System Authority (Irsa) on Saturday released 109,432-cusec water from various rim stations. According to Irsa, an overall water inflow from various reservoirs recorded on Saturday was at 72,432 cusec. Water level at Tarbela Dam recorded on Sat
Published 11 Mar, 2007 12:00am
Sugar plant built to encourage beet cultivation in Dera Ismail Khan

Sugar plant built to encourage beet cultivation in Dera Ismail Khan

The sugar mills owners have erected a new plant of sugar beet in Dera Ismail Khan (D.I.Khan) to encourage commercial cultivation of sugar beet, a senior official of the Ministry of Agriculture, Food and Livestock (Minfal), said talking to Business Reco
Published 11 Mar, 2007 12:00am
Alternate energy projects to start soon: Ibad

Alternate energy projects to start soon: Ibad

Sindh Governor, Dr Ishratul Ibad Khan has said that new projects of alternate energy will soon start functioning in Sindh to help overcome energy crisis.
Published 11 Mar, 2007 12:00am
Demonstrations held in various cities against CJP suspension

Demonstrations held in various cities against CJP suspension

The District Bar Council Jamshoro on Saturday held a protest demonstration against suspension of Chief Justice of Pakistan Justice Iftikhar Chaudhry. President District Bar Council Jamshoro M M Shoro and General Secretary Riazat Ali Sahar led the demonstr
Published 11 Mar, 2007 12:00am
Sheema performs at Arts Council

Sheema performs at Arts Council

Classical artist, Sheema Kirmani along with her team enthralled the audience with her mesmerising performance at 'Dance Drama' held here at Arts Council Auditorium on Friday. The programme was organised by Theatre Committee of Arts Council of Pakistan, Ka
Published 11 Mar, 2007 12:00am
Call to ensure clean cotton yield targets

Call to ensure clean cotton yield targets

District Officer (DO), Agriculture, Arshad Javed, has urged review of local level agri-policies to ensure great attention to the forex earning cotton crop in the district, known for producing optimum amount of the silver fibre over the last six years.
Published 11 Mar, 2007 12:00am
USC starts sale of subsidised edible oil

USC starts sale of subsidised edible oil

Utility Stores Corporation (USC) has started sale of subsidised cooking oil through the network of its 100 outlets across the zone and 34 sale points in Multan district. This was stated by zonal manager USC Munir Ahmed, while talking to newsmen on Saturda
Published 11 Mar, 2007 12:00am
Awais Ghani calls on Ishrat

Awais Ghani calls on Ishrat

Balochistan Governor Awais Ghani called on Sindh Governor Dr Ishrat-ul-Ibad Khan at the Governor House here on Friday evening. During meeting, they exchanged views on various matters of importance, including inter-provincial affairs, said an official stat
Published 11 Mar, 2007 12:00am
Directive to management of crises centre

Directive to management of crises centre

Hyderabad District Co-ordination Officer (DCO) Muhammad Hussain Syed has directed the management of Crises Centre for Women in Distress here to keep the centre open round-the-clock to ensure medical and legal support in case of any emergency.
Published 11 Mar, 2007 12:00am
Secretaries, DCOs asked to complete schemes

Secretaries, DCOs asked to complete schemes

Sindh Chief Secretary Fazlur Rehman has directed all provincial secretaries and DCOs to spare no effort in ensuring timely completion of ongoing development schemes and promote departmental liaison to achieve the targets. He was addressing the Secretaries
Published 11 Mar, 2007 12:00am
Commonwealth Day on March 12

Commonwealth Day on March 12

To mark the Commonwealth Day, Pakistan Institute of International Affairs (Pica) will organise a moot at its premises on March 12. The theme of the Commonwealth Day this year is "Respecting difference, promoting understanding."
Published 11 Mar, 2007 12:00am
Call to boycott courts' proceedings across Sindh

Call to boycott courts' proceedings across Sindh

The Human Rights Committee of Sindh Bar Council has called upon the legal fraternity of Sindh to boycott proceedings of courts at all levels on Monday (tomorrow) to protest against the illegal suspension of Chief Justice of Supreme Court of Pakistan Mr Ju
Published 11 Mar, 2007 12:00am
World Cup 2007

World Cup 2007

At last, uncertainty about Pakistan World Cup squad came to an end, when the two quickies were declared unfit, and an all-rounder ousted from the team quite mysteriously to make place for a redundant player, who was out of international cricket for quite
Published 11 Mar, 2007 12:00am
Insecure and faulty ATM booths

Insecure and faulty ATM booths

Various ATM booths of different banks, already in service in Karachi are installed without keeping in view the world standard causing great embarrassment, inconvenience and denial of services to customers.
Published 11 Mar, 2007 12:00am
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