The Alfalah GHP Value Fund (AGV Fund) was established under a Trust Deed, executed between Alfalah GHP Investment Management Limited, as its Management Company and CDC Pakistan, as its Trustee and is authorised under the NBFC Rules- 2003.
The Alfalah GHP Value Fund (AGV Fund) was established under a Trust Deed, executed between Alfalah GHP Investment Management Limited, as its Management Company and CDC Pakistan, as its Trustee and is authorised under the NBFC Rules- 2003.
Emirates Team New Zealand took to the waters off Valencia on Sunday aiming to take a stranglehold on the Louis Vuitton Cup final. After two days of perfect racing conditions the Kiwis are sitting pretty after wins in the first two legs of this best of nin
England named an unchanged squad Sunday for the third Test against West Indies as they aim to win the series at Old Trafford. The hosts had few options but to retain the same XI that triumphed by an innings and 283 runs at Headingley, West Indies' largest
Roger Federer moved a step closer to an elusive French Open title with a 7-6 (7/3), 6-4, 6-4 victory over battling Russian Mikhail Youzhny on Sunday. But it was a far from vintage Federer on display on Court Philippe Chatrier as the world number one conti
Danish and Swedish newspapers were uncompromising over Saturday's Euro 2008 qualifier, lashing out at the fan who attacked referee Herbert Fandel and at security arrangements at Parken stadium.
Japan took a big step towards the Beijing Olympics by overpowering South Korea 6-1 in the women's football Asian final qualifying round on Sunday. The Japanese women overwhelmed the visitors with quicker and more accurate passes from the outset, keeping t
Werder Bremen admitted in the German press on Sunday they are ready to discuss a multi-million euro transfer with Bundesliga giants Bayern Munich for German international striker Miroslav Klose.
Pakistani bowling legend Wasim Akram on Sunday recommended foreign coaches for both the Pakistani and Indian cricket teams, saying their players felt at ease with overseas experts.
A stampede killed 12 soccer fans and injured more than 40 in northern Zambia as supporters left the stadium after Zambia beat Congo Brazzaville in a key match late on Saturday, police said on Sunday.
Serena Williams sounded an ominous warning to her French Open rivals on Sunday by racing into the last eight with a blistering 6-2, 6-3 win over Russia's Dinara Safina.
Singapore beat an aggressive but uncoordinated Indonesian side 1-0 in an Asia 2007 friendly here Sunday despite playing with only 10 men for much of the match. The hosts played aggressively from the start but a lack of co-ordination meant their efforts we
Italian superstar Valentino Rossi won the Italian MotoGP here on Sunday to maintain his 100 percent record in his home race but only his first win since the second race of the campaign. The Yamaha rider, winning here for the sixth time, beat home Spain's
Australian Dav Whatmore has emerged as the favourite to edge out domestic candidates when an Indian board committee meets to choose a new national coach on Monday. "I hope we will finalise it tomorrow," Indian cricket board secretary Niranjan Shah told Re
Why does one sparrow boldly grab crumbs from an outstretched hand while another hops about nervously at a safe distance, afraid to collect a free meal?
Apples appear to be good for the lungs Children who drink plenty of apple juice may be less likely to develop asthma symptoms, say scientists. The National Heart and Lung Institute research, published in the European Respiratory Journal, is the latest stu
Tuberculosis, the most dreaded communicable lungs-infection disease of yester years that has claimed hundreds of lives since inception of the country is now under control with strong initiatives by the Ministry of Health and the World Health Organisation
Skimmed milk may one day come straight from the udder with New Zealand scientists working to develop a dairy herd that naturally produces low-fat milk, reports said on May 28.
A great number of crows had been killed in Lang Khair Shah area, some 30km from here during the current month due to unknown reasons. Speculations were that this large-scale killing might have been the result of pesticides used by the hunters while they g
The length of children's fingers may hint at their natural abilities in math and language, a new study suggests. In a study of 75 children between the ages of 6 and 7 years old, researchers found that finger length correlated with how well the children pe
New research does not support the general belief that obesity increases bone mass and is therefore good for bone health. A study, in which investigators corrected for the mechanical loading effect of increasing body weight, suggests the opposite.
Exposure to pesticides, even in small amounts, can lead to an increase in Parkinson's disease, according to a scientific study published on May 30. Research on nearly 1000 Parkinson's sufferers in five countries - one of the largest such studies to date -
Americans should bulk up on whole grains like oatmeal, barley and brown rice to help lower their risk of clogged arteries, heart attacks and strokes, according to researchers.
One half of a cup of soya nuts each day may work as well as anti-hypertension medication to lower blood pressure, a new study in postmenopausal women demonstrates.
About 80 percent of people suffer from constipation at some time during their life, and brief periods of constipation are normal. The assumption that everyone should have a bowel movement at least once each day has led to overuse and abuse of laxatives, s
Application of large amounts of skin-numbing lotions, creams and gels that are widely used in cosmetic and medical procedures can cause dangerous side effects such as irregular heart rhythm and seizures.
US prosecutors said they captured on May 30 a nefarious Internet marketer responsible so much junk e-mail they called him "Spam King." Robert Soloway, 27, was arrested in Seattle, Washington, a week after being indicted by a federal grand jury on charges
Microsoft on May 30 trumpeted an unorthodox coffee-table computer design that it predicts will become a multibillion dollar portion of the hardware market.
The race to create more human-like robots stepped up a gear this week as scientists in Spain set about building an artificial cerebellum. The end game of the two-year project is to implant the man-made cerebellum in a robot to make movements and interacti
France Telecom is close to acquiring Indian network services provider GTL Ltd's IT business for about 2.5-3 billion rupees ($62-74 million), a newspaper reported on Saturday.
China launched a telecommunications satellite on June 1 that aims to bring television signals to every home in the nation, on the 100th flight of the home-grown Long March rocket series, state press said.
A joint venture of Dubai's Emaar Properties and India's MGF Developments Ltd plans to invest in India more than $12 billion over the next four to five years, a newspaper reported on Saturday.
A program to provide millions of low-cost laptops to students in poor countries is set to start production in September even as commercial competitors prepare to offer even cheaper models.
Kuwait's Mobile Telecommunications Co (MTC) said on Saturday it was interested in bidding for Qatar's second mobile phone licence. "Yes, it's true. We are investigating.
Japanese mobile telephone users may soon be warned of an earthquake in their area before it even strikes. Japan's two biggest operators, NTT DoCoMo and KDDI, said on May 30 they are jointly developing a system to notify customers of an imminent earthquake
Google and Microsoft are battling anew for online travellers with rival Internet mapping services that provide vivid real-world views of major United States cities.
A one-month Chinese assault on online pornography has shut down nearly 5,000 websites, resulted in more than 270 arrests and recovered over 160,000 "harmful" materials, state media reported.
Online worship is thriving among South Koreans who are too busy to attend churches or temples, or who simply want to browse their preferred sermon, a news report said on May 28.
Google said on May 31 that it is buying a Spanish photo-sharing website that lets people pin pictures to the Internet search firm's online maps to show where they were taken.
Aboriginals in western Canada are seeking compensation from a local telephone carrier for every cellphone signal that crosses their lands. The Assembly of Manitoba Chiefs determined at a recent economic development summit to negotiate revenue sharing with
An integrated plan has been formulated by the Special Communications Organisation (SCO) to extend modern and quick means of telecommunications to the people across Northern Areas (NAs), a spokesman said on May 29.
An investment fund owned by the state of Dubai might make a counter bid for the Scandinavian stock market OMX which has agreed to be bought by the US stock exchange Nasdaq, a newspaper report said on May 28.
An investment fund owned by the state of Dubai might make a counter bid for the Scandinavian stock market OMX which has agreed to be bought by the US stock exchange Nasdaq, a newspaper report said on May 28.
Japan's NEC Corp admitted on May 29 that some of its employees had engaged in bogus deals worth 2.2 billion yen (18 million dollars) and received kickbacks from subcontractors.
British Energy said on May 30 it was talking to a broad range of potential partners to help build new nuclear power stations, as it met forecasts with a 44 percent rise in underlying annual earnings.
Japan's Sanyo Electric Co said on May 28 its net losses shrank by almost 78 percent in the year to March, helped by cost cuts, and forecast a return to profit this year.
Japan's Sanyo Electric Co said on May 28 its net losses shrank by almost 78 percent in the year to March, helped by cost cuts, and forecast a return to profit this year.
ExxonMobil shareholders voted against several resolutions ON May 31 proposed by dissident investors that had sought to get the world's largest oil company to change its climate policies.
European planemaker Airbus is eager to work with more Japanese suppliers as it pushes ahead with plans to outsource half of the future A350 jet, the managing director of its UK unit said on May 30.
Authorities should only step in to regulate hedge funds if a market failure occurred that lead to a threat to the wider financial system and there is no sign of that happening, US Securities and Exchange Commission (SEC) Commissioner Paul Atkins said on M
Authorities should only step in to regulate hedge funds if a market failure occurred that lead to a threat to the wider financial system and there is no sign of that happening, US Securities and Exchange Commission (SEC) Commissioner Paul Atkins said on M
The Tokyo Stock Exchange's next president wants to turn the bourse into one of the world's top three exchanges by 2010 by adding new financial products to draw more investors.
Apple on May 30 began selling music free of anti-copying software at its iTunes online store, stripping away copyright protection lambasted by the company's iconic chief executive. Apple launched iTunes Plus with a menu of EMI Group music including songs
Call them complacent, but most analysts are confident that a big correction in Chinese stocks would have a modest impact on the world's fourth-largest economy and its banking system.
Senator Professor Khurshid Ahmad has condemned government's effort to disallow the launching ceremony of Dr Ayesha Siddiaqa's Book "Military Inc: Inside Pakistan's Military Economy" at Islamabad Club and other hotels in Islamabad.
Cotton sowing operation has been geared up to reach completion stage around middle of this month. However, in early sowing areas of Lower Sindh and Central Punjab, plants have attained enough height and flowers may start setting in a week's time.
Cotton sowing operation has been geared up to reach completion stage around middle of this month. However, in early sowing areas of Lower Sindh and Central Punjab, plants have attained enough height and flowers may start setting in a week's time.
DIG Sindh and commander of reserve police Ghulam Asgar Sheikh has said that discussing with Inspector General (IG) police recently he stressed on giving more facilities and rewards for the Sindh reserved police to recognise their abilities and performance
The Meteorological office has forecast hot and humid weather with maximum temperature of 35 to 37 degrees centigrade for Karachi on Monday. Very hot and dry weather would prevail over rest of Sindh region.
Aga Khan University (AKU) will host a two-day seminar on 'English and Empowerment to the Developing World' on June 9 and 10, 2007. Dr Atta-ur-Rahman, Advisor to the Prime Minister on Science and Technology and Chairman Higher Education Commission, will be
Money supply, which exceeded the whole year's target by a wide margin on May 12, decelerated by Rs 8 billion, to Rs 470 billion, though still above the target by Rs 10 billion.
Pakistan Peoples Party (PPP) has demanded free and fair elections in the country, under a neutral caretaker set up, independent election commission, monitoring by international observers, and transfer of power to the majority party.
Grand Mercure Karachi Airport Hotel has appointed Akhtar Riaz as Director Sales, says a press release issued here on Sunday. He has previously worked for the Hashoo Group of Hotels as Corporate Sales Manager for the Pearl Continental Hotel Lahore.
Wapda workers will stage protest demonstrations on Monday (today) in all major cities of the country to demand for increasing their salaries and pensions.
Large bill boards have been placed near the Parliament and advertisements have also appeared in newspapers inviting public input for the next year's budget days from now. Some see it as a campaign to induce people to create an impression that public opini
The upcoming Group of Eight summit in Heiligendamm looks set to bring a humiliating blow for host country, Germany, which is fighting an increasingly lonely battle for regulation of the trillion-dollar hedge fund industry.
The upcoming Group of Eight summit in Heiligendamm looks set to bring a humiliating blow for host country, Germany, which is fighting an increasingly lonely battle for regulation of the trillion-dollar hedge fund industry.
GlaxoSmithKline's new breast cancer pill Tykerb might help prevent the growth of tumours in some people with a hard-to-treat form of the disease, US researchers reported on Sunday.
Globalisation and immigration have helped restrain wages and boost labour market flexibility, but the European Central Bank cannot be complacent on inflation, Governing Council member Miguel Angel Fernandez Ordonez said on Sunday.
India's trade deficit nearly doubled in April, the first month of the financial year, from a year ago as costs for imported oil jumped, the government said in a statement Sunday.
The upcoming Group of Eight summit in Germany, where leaders will negotiate ways to tackle climate change, will produce 30,000 tons of carbon dioxide emissions, a study published on Sunday showed.
Australian Prime Minister John Howard pledged on Sunday to establish a national carbon trading scheme by 2012 to cut the country's greenhouse gas emissions, calling it the most momentous economic challenge of our time.
Israel's cabinet is expected to vote on the 2008 state budget draft next month, the Finance Ministry said on Sunday. A ministry spokeswoman said no other details were available since the budget was still being formulated. A source in the ministry said the
State-owned Qatar Airways expects to make its first profit by 2010 and could sell shares to local and foreign investors three years after that, the company's chief executive said on Sunday.
The latest economic data point to an acceleration in the US economy after the weakest growth in over four years, but some analysts say a full recovery is not yet in sight.
Representatives from 171 nations monitored by a small army of conservationists and wildlife advocates began debating dozens of measures Sunday, some highly contested, regulating the global trade in wildlife.
After years using outside contractors to tend to the needs of its Iraq bases, the US military is now building zones outside its army posts so Iraqi businesses can actually benefit from their presence.
China urged local officials Sunday to prepare their own energy efficiency plans in a bid to save a floundering plan to drastically reduce energy consumption, state media said.
Brazilian President Luiz Inacio Lula da Silva arrived in India Sunday with a large business delegation to forge closer "strategic" and trade ties between the emerging economic powerhouses.
A Beijing court has ordered three Chinese companies to pay French clothing giant Lacoste a total of 760,000 yuan (99,000 dollars) in damages for trademark infringement, stat media said on Sunday.
Japanese share prices may take a breather next week as investors pocket profits after the recent rise to three-month highs, with economic indicators likely to be the main focus, dealers said Friday.
Thai share prices are likely to fall next week on profit-taking after hitting a one-year high as investors welcomed a ruling banning ousted premier Thaksin Shinawatra from politics, dealers said on Friday.
Japanese government bonds slumped on Friday on lingering concerns about a Bank of Japan rate increase as early as in August, with sentiment also hurt by sliding US Treasuries and rising Tokyo shares.
Japanese government bonds slumped on Friday on lingering concerns about a Bank of Japan rate increase as early as in August, with sentiment also hurt by sliding US Treasuries and rising Tokyo shares.
Asian currencies ended the week mostly flat against the dollar with markets tending to domestic concerns and feeling on the strength of the greenback mixed.
Malaysian share prices are expected to trade lower in the coming week as it undergoes a consolidation phase, analysts said. "Share prices are poised to undergo further correction" due to a lack of "stimulating leads," said Danny Oh, senior analyst at Merc
Singapore share prices are expected to trade firmer in the week ahead as traders remain upbeat over China despite measures by Beijing to cool its market by raising taxes on stock transactions, dealers said.
Wall Street celebrated a bumper week Friday that left the Dow Jones Industrial Average and the Standard and Poor's 500 stock indexes basking at record highs.
South Korean government bonds extended gains on Friday, as investors ignored healthy growth in May exports and a slowdown in consumer inflation, making last minute purchases after the stock market eased from a record high.
South Korean government bonds extended gains on Friday, as investors ignored healthy growth in May exports and a slowdown in consumer inflation, making last minute purchases after the stock market eased from a record high.