Australian share prices are expected to continue volatile next week amid uncertainty over whether a global correction has run its course, dealers said Friday.
Taiwan share prices are likely to consolidate next week as investors wait for an offshore lead to confirm that the worst of the recent global sell-off is over and that it is safe to return to the market, dealers said Friday.
Indian shares are likely to fall further next week with investors reluctant to build up positions due to worries about global rate hikes and a US capital goods sector slowdown, dealers said. The markets were sharply volatile this week with no clear trend
Thai stocks are expected to fall next week amid uncertainty over the government's economic policy under the kingdom's new finance minister, analysts said Friday. "Investors will be cautious because the new finance minister has yet to map out a clear direc
Hong Kong share prices face a tough test next week as investors hope to see the market stabilise after the recent turbulence but know they must first get over a key US employment report due later in the day, dealers said Friday.
Wall Street is struggling in search of a new script as market pundits debate the importance of Goldilocks, Chicken Little and the potential of some vicious market bears.
Singapore share prices are expected to trade sideways next week after sustained gains over the past four days showed the market was steadying after the recent turmoil in global equities, dealers said on Friday.
Philippines share prices will likely track Wall Street next week amid increased volatility in the wake of the global equity sell-off in the past weeks, dealers said Friday.
Malaysian share prices are expected to see volatile trading next week as investors look for any gains to sell their stocks amid an uncertain outlook for regional markets, analysts said Friday.
Japanese share prices face another nervous week ahead and although investors are cautious, there is some optimism that the worst of the recent turmoil is now over, dealers said Friday. For the week to March 9, the Tokyo Stock Exchange's benchmark Nikkei-2
More than 40,000 civilians have fled their homes in eastern Sri Lanka in recent days amid renewed clashes between troops and Tamil Tiger rebels that have left 33 dead, both sides said Sunday. At least 20 rebels and one soldier were killed in a clash betwe
Sixty-two years after his death, Adolf Hitler risks being stripped of his German citizenship in what a politician said would be a "symbolic step" against the Nazi leader and the horrors he unleashed.
Al Qaeda's second-in-command Ayman al-Zawahri lashed out at the leadership of Palestinian Islamist group Hamas on Sunday over its Saudi-brokered deal with the US-backed Fatah faction in Makkah.
Legendary singer James Brown, who died on Christmas day, finally was laid to rest Saturday, according to a statement by Reverend Al Sharpton, a long-time friend of the "Godfather of Soul." Brown was buried a private ceremony in South Carolina, according t
Bangladesh and India will restore direct passenger train services within the next three months after a gap of more than four decades, an official said Sunday, adding technical work has already begun.
A prominent pro-reform Iranian newspaper will resume publishing soon after a ban was lifted on Sunday, its managing director was quoted as saying by an official news agency.
Envoys of 57 member nations of the world's largest Islamic grouping are to launch an informal forum in Washington this week to discuss common concerns and act a key link for the Muslim world in the United States, diplomats say.
The World Bank urged governments in the Middle East and North Africa on Sunday to speed up improvements to water resources and said water availability per person in the region was set to drop by half by 2050. The World Bank said in a report that many coun
Zimbabwean riot police arrested the country's top opposition leader on Sunday as they suppressed a planned prayer rally in a crackdown on protests against President Robert Mugabe.
Israeli Prime Minister Ehud Olmert and Palestinian President Mahmoud Abbas held talks on Sunday that yielded no immediate sign of progress towards peace. Hours before hosting Abbas at his Jerusalem residence, Olmert appeared to open the door to exploring
French President Jacques Chirac is expected to announce his retirement from frontline politics on Sunday after a 45-year career that was strong on symbolic gestures but short on concrete reforms.
Prime Minister Tony Blair became a target of anger on Sunday over claims that British troops who have been wounded or suffered mental trauma in Iraq and Afghanistan have received poor medical care.
Special Advisor to the Prime Minister of Azad Jammu and Kashmir for Information and Hydel Power, Raja Mohammad Yasin Khan has said that all out efforts are being made for the early reconstruction of the quake-hit areas. This, he stated while talking to me
An international workshop to highlight potential benefits of biotechnology both in urban and rural settings will start at Comstech secretariat here from Monday.
Federal Minister for Railways Sheikh Rashid Ahmed on Sunday led a walk for environmental awareness from Margalla Track-3 to Gokina (Pir Sohawa). The walk was organised by Pakistan Green Task Force with the collaboration of Rawalpindi Medical College.
The first ever report on the State of Pakistan's Competitiveness will be launched here on Monday. The report has been prepared by the Competitiveness Support Fund (CSF), a joint initiative of the Ministry of Finance, Government of Pakistan and the US Agen
Federal Minister for Political Affairs Engineer Amir Muqam on Sunday announced a package of Rs45 million for gas supply and provision of power feeders in Mingora city. On the part of Federal government he also announced a sum of Rs 1,00,000 for each victi
Faced with life threatening cancer, Occupied Jammu and Kashmir leader Syed Ali Shah Geelani has said Pakistan President Pervez Musharraf: "Should leave us alone if he cannot support us".
The government has embarked upon an ambitious National Internship Programme (NIP) for unemployed postgraduates through training and providing them employment opportunities, which would be formally launched here on March 14.
The present wet spell in most parts of Punjab, NWFP and Kashmir is likely to continue for another 48 hours. According to office here on Sunday, moderate to heavy downpour is also expected at isolated places while current rains in most parts of the Sindh a
This has reference to the letter published in Business Recorder of February 26 regarding Textile Sector by Mr. Madni, which is correct and I fully agree with its contents. I also appeal to the high officials of Pakistan Government to kindly conside
SECP's token response in the print media does not provide clear picture about the sale of CSIBL. The latest position presented by SECP regarding CSIBL provides ambiguous status of sale, as neither the party's name is disclosed nor any timeline has been gi
Muslim cleric Abhasaan Idlasan sat quietly under the shade of a coconut tree as an MG-520 attack helicopter roared overhead, signalling the arrival of a US military convoy he now associates with development aid.
With a view to revamping and updating the Trade Organisation Law which has been operative since 1961, the Government of Pakistan constituted a Committee under the chairmanship of Mr. Justice Saleem Akhtar.
The European Union (EU) laid the trap. And the national flag carrier - Pakistan International Airlines - fell right into it. In September last year, EU authorities had raised markers on PIA planes after undertaking ramp inspections. Obviously, these inspe
Even for a country where political turbulence is the norm, the suspension of Chief Justice of Pakistan Iftikhar Muhammad Chaudhry by a presidential reference came with stunning suddenness.
According to information received here on Sunday, Punjab University will provide facility of online research on its journals. The decision to this affect was taken in a special meeting of the University. The purpose of making the research journals online
Federal Minister for Sports Mian Shamim Haider has said the reference against Justice Iftikhar Muhammad Chaudhry had been submitted along with some allegations and evidence.
The Capital Development Authority (CDA) has appointed Senior Director Administration Rawal Khan Maitla as focal person to obtain citizens' suggestions for its next year development plan.
Some of important National Highway Authority (NHA) projects including Super Highway between Karachi and Hyderabad, to be upgraded to six-lane Motorway (M-9), are being constructed on Build-Operate-Transfer (BOT) basis, sources in the authority informed AP
Former Country Director, World Bank, John W Wall has appreciated the artistic work and professionalism of the photographers for capturing the scenic beauty of their motherland. He was addressing the annual members photographic exhibition organised by Isla
A proposed visit by Azad Kashmir based traders and industrialists to the other side of Line of Control seems to be in the doldrums as the complicated procedure put in place for trans-Kashmir travelling is hampering any forward movement in this regard.
Muttahida Majlis-e-Amal Parliamentary Leader in Sindh Assembly Maulana Mohammad Umar Sadiq said on Sunday that Benazir Bhutto wanted to come in power by making deal with the government and was hatching conspiracies to oust Nawaz Sharif from country politi
The nation will back Iranian brethren if President George Bush ordered aggression against the Islamic republic, Qazi Hussain Ahmed, Chief of "Muttahida Majlis-e-Amal" said on Sunday.
Noted jurist and constitutional expert Mian Muhibullah Kakakhel has held the Presidential reference against Justice Ifitkhar Muhammad Chaudhry within the ambit of Constitution and the law and said the President had never opted to overstepping his powers.
The Dean of Faculty of Science, University of Karachi (KU) on Saturday issued revised schedule of supplementary examination of B.Sc. (Honours) and subsidiary first and second semester 2007 (only for out going students).
The Judge of Lahore High Court Bahawalpur Bench Justice Malik Farukh Mahmood urged the lawyers to play their role for the supremacy of law. Addressing the oath ceremony of Bar Association Liaquat Pur on Saturday he underlined the need for co-operation bet
The wholesale commodity markets depicted sharp fluctuations by weakened in some areas besides other items moving both sides during the week ended on March 10, 2007. Changes were seen in moong, masoor, rice, chemicals, jute goods etc.
Now, the size of cotton crop 2006-2007 has come very close to the target of 12.5 million local weight bales and what matters is the size of unsold stocks which was at 1.2 million bales on 1st. March, 07 as new crop may not be available before next August.
Now, the size of cotton crop 2006-2007 has come very close to the target of 12.5 million local weight bales and what matters is the size of unsold stocks which was at 1.2 million bales on 1st. March, 07 as new crop may not be available before next August.
Stability and consistency in policies is pre-requisite for national prosperity and economical achievements, being conscious of these facts the government has stepped up its endeavour in the right direction, Federal Minister for Inter Provincial Coordinati
Both the National Assembly (NA) and the Senate publish separate verbatim records of daily proceedings. They are called 'Debates'. However, the Senate takes 24 hours to publish the 'Debates', but the NA takes three months to do it.
Pakistan Muslim League (N) acting parliamentary leader, Nisar Ali Khan, and other leaders were prevented from meeting Justice Iftikhar Muhammad Chaudhry. The PML (N) delegation comprising Nisar Ali Khan, Senator Mahtab Ahmad Khan, Mushahidullah Khan and s
The district nazims of Sindh will meet on March 12, 2007, Monday at Karachi to discuss and formulate strategy to get uninterrupted flow of funds for district governments under Provincial Finance Commission (PFC) Award.
Lahore Development Authority (LDA) has issued 17604 challans against illegal commercialisation of domestic buildings during last six months. More than 200 such buildings, most of them guesthouses, have been sealed.
Due to weather forecast in city, the reception hosted by the Honorary Consulate of Belgium on Monday March 12, 2007 at Mohammad Ali Bogra Road, Bath Island, has been shifted to Marriott Hotel, Karachi, a press release issued here on Sunday said. The timin
The Secretariat of Provincial Ombudsman (Mohtasib) Sindh would organise a seminar on "Speedy Justice for All" on March 17 at 11:00 am at Gymkhana Badin, sources said. Later, Ombudsman Sindh K. Yousuf Jamal will inaugurate Regional Office of Ombudsman Sind
Main opposition parties are holding an emergency meeting here on Monday to chalk out a strategy on the presidential reference filed against the Supreme Court Chief Justice, Iftikhar Muhammad Chaudhry.
The Think Tank of Pakistan Peoples Party (PPP) in its meeting on Sunday at Bilawal House Karachi discussed and deliberated upon the issue of removal of Chief Justice of Pakistan by General Pervez Musharraf through an action, which it termed mala fide and
The Ministry of Health has decided to give the status of Postgraduate Teaching Hospital to Federal Government Services Hospital (Poly Clinic) and for this purpose notification will be issued soon. According to official sources, the cadre of Medical Superi
Allama Iqbal Open University has extended its admissions date for the semester spring, 2007 upto march 15. The admissions from matric to PhD level in different disciplines are in progress in the country while in Middle East countries, the admissions of BB
Minister for Culture, G.G Jamal has said that the government is keen to promote hospitality business for promotion of tourism in the country. He stated this while addressing the participants of the reception to mark the 5th anniversary of Islamabad Serena
Pakistan is set to open a new national art gallery here this month in a move aimed at promoting a more progressive image of the extremism-hit South Asian nation.
Two students of Darul Uloom Amjadia Karachi were seriously injured in firing between police and bandits at the National College Chowrangi here on Saturday night.
Mother of M. Abdul Aleem, Chief Financial Officer PIA, who died on Saturday night was laid to rest at a local graveyard here on Sunday. The burial was largely attended by PIA's Deputy Managing Directors, Directors, General Manager besides friends and rela
Both the sellers and buyers were tight as both had diametrically opposed perception about their interest, still by and large good selling and buying could be marked during the week ended on March 10, 2007. The spot rate was raised by Rs 50 to Rs 2,575 on
Both the sellers and buyers were tight as both had diametrically opposed perception about their interest, still by and large good selling and buying could be marked during the week ended on March 10, 2007. The spot rate was raised by Rs 50 to Rs 2,575 on
Northern parts of Balochistan including Ziarat, Kan Mehtarzai and mountainous areas of Quetta on Sunday received snowfall while some areas received rain including Sibi, Bolan, Chaghi, Khuzdar, Lasbella, Turbat, Nushki, Dalbandin, Barkhan, Kalat, Panjgur a
A woman was injured when a landmine exploded in Dera Bugti district, Balochistan on Sunday. Official sources said that one bullock cart hit a landmine planted by some unidentified persons triggered blast wounding a woman Tooti Shazo Khan riding the cart.
Formal talks between Pakistan and Afghanistan jirga leaders will start on Monday in which different matters would be discussed to further smoothen the relations between both countries. The Afghan Jirga Commission, headed by Chairman Pir Syed Ahmed Gillani
Federal Minister for Commerce Humayun Akhtar Khan has said that All Parties Conference (APC) by the opposition would prove a futile exercise. Speaking to journalists during an Umra ticket-giving ceremony here on Sunday.
The City District Government Multan (CDGM) has utterly failed to control milk price as milk-sellers are openly ignoring clear-cut directives of the CDGM and selling milk at the price of Rs 32 in spite of Rs 28 fixed by the city government.
Sialkot District government has initiated a billion of rupees master plan, aimed at improving the means of communication system in the district, official sources told Business Recorder here on Sunday. Sources added that the government was spending
Lahore High Court, Multan bench Bar Association and District Bar Association have on Sunday announced to observe black-day on March 12-13 at the call of Pakistan Bar Council (PBC) and Supreme Court Bar Association (SCBA).
Wapda on the special directive of the Prime Minister Shaukat Aziz has provided electricity to a record number of 9,100 villages during the first seven months of the current fiscal year.
Graduation ceremony of Aircraft Accident Investigation course was held at the Institute of Air Safety, PAF Base, Masroor. Officer Commanding Institute of Air Safety, Air Commodore Wasim Ahmed, was the chief guest on the occasion.
Punjab Chief Minister Chaudhry Pervaiz Elahi has said that the government is providing additional resources to pace up work of development projects being under way in the province.
Punjab Chief Minister Chaudhry Pervaiz Elahi has approved Rs 19 million for protective spur to save Chahchra Sharif from the erosion of Sindh river. This was stated by state minister for foreign affairs Makhdoom Kusroo Batkhiar while talking to Nazim UC M
Provincial Minister for Investment and Trade Dr Suhail Zafar Cheema here on Sunday said that in order to create employment opportunities, industrial zones would be constructed in the mega cities of the province.
Small and Medium Enterprise Authority (Smeda) has prepared a multi-dimensional strategy to modernise sports goods industry especially the soccer ball manufacturing sector of Sialkot.
Provincial Minister for Health Iqbal Gujjar has said that the holding of Women Expo-2007 is a very good effort and organisers deserve appreciation in this regard. He expressed these views while speaking at the concluding ceremony of Women Expo-2007 at For
Rain coupled with winds and thunderstorm lashed Karachi and affected routine life on Sunday. It started raining in morning and intermittently continued till evening, causing great hardships for both pedestrians and motorists, as almost all low-lying roads
Pakhtoon Action Committee (Loya Jirga) on Sunday offered Sindh government to hold talks to solve problems faced by transporters and Katchi Abadies of Karachi.
A one-day English Language Teaching (ELT) training workshop was organised by Department of English, University of Sindh, in collaboration with Oxford University Press (OUP) here on Saturday.
City Nazim, Syed Mustafa Kamal, in view of the current spell of rains here on Sunday, declared emergency in the City Government and called all the concerned staff to the duty. He was visiting areas of all the towns of the city particularly the low-lying l
On the direction of Managing Director of Karachi Water and Sewerage Board (KWSB) Brigadier Iftikhar Haider all complaint centers of KWSB were activated to facilitate citizens during current rainy season.
Balochistan Bar Council would not boycott courts like other so called lawyers bodies over removing chief justice of Pakistan and filing reference against him. This was stated by Vice Chairman Balochistan Bar Council Amanullah Kanrani Advocate while addres
Pashtoonkhwa Milli Awami Party (PMAP) will observe shutter down and take out protest processions on Tuesday against the suspension of Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry. Black flags and buntings would also be hoisted during the p
Muzaffarabad and adjoining areas of Azad Kashmir received rainfall for the third consecutive day on Sunday. The snowfall at mountains has suspended the land-link of Neelum and Leepa valleys with Muzaffarabad, a private TV channel reported.
Hundreds of people demonstrated near occupied Srinagar on Sunday, blaming Indian occupation army soldiers for killing two villagers after a firefight with Muslim militants.
China Mobile has transferred $700 million to Pakistan as the first chunk of its $2 billion investment plan during the next three years, it is learnt. Sources in telecom industry said that the company would operate in Pakistan under name of CM-Pak, (China-
China Mobile has transferred $700 million to Pakistan as the first chunk of its $2 billion investment plan during the next three years, it is learnt. Sources in telecom industry said that the company would operate in Pakistan under name of CM-Pak, (China-
China Mobile has transferred $700 million to Pakistan as the first chunk of its $2 billion investment plan during the next three years, it is learnt. Sources in telecom industry said that the company would operate in Pakistan under name of CM-Pak, (China-
Eight Afghan border security soldiers and five Taliban fighters have been killed in a clash in southern Afghanistan, near the Pakistan border, a senior official said on Sunday. The fighting broke out in Arghastan district of Kandahar province after insurg
Eight Afghan border security soldiers and five Taliban fighters have been killed in a clash in southern Afghanistan, near the Pakistan border, a senior official said on Sunday. The fighting broke out in Arghastan district of Kandahar province after insurg
Fallen press baron Conrad Black goes on trial this week in Chicago, insisting that charges of pilfering $84 million in proceeds from his crumbling media empire represent the persecution of the powerful. Jury selection begins on Wednesday in US District Ju
South Korean and US negotiators have reached partial deals for a free trade pact, Seoul's trade ministry said on Sunday, but agreement on opening up the hotly contested automobile and agricultural markets remained elusive.