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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-06-19
Philippines shares rally

Philippines shares rally

Philippines share prices closed 0.25 percent higher at a fresh record on Monday following another rally on Wall Street last Friday, though profit-taking trimmed early gains, dealers said. The composite index added 9.26 points to 3,680.55. During the sessi
Published 19 Jun, 2007 12:00am
Jakarta shares at record high

Jakarta shares at record high

Indonesian share prices closed up 0.28 percent on Monday at a new record high as sentiment remained upbeat after another positive finish on Wall Street last week, dealers said. The Jakarta Stock Exchange composite index closed up 5.853 points at 2,126.493
Published 19 Jun, 2007 12:00am
Nikkei closes near four-month high

Nikkei closes near four-month high

The Nikkei average rose 0.99 percent on Monday to end at its highest in nearly four months as Canon Inc hit an all-time high on a softer yen and property stocks gained after the central bank governor suggested no rate hikes were imminent.
Published 19 Jun, 2007 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 68.88/69.15 (previous 68.78/69.00). Call Money Rates: 6.50-11.00 percent (previous 6.50-11.25 percent).
Published 19 Jun, 2007 12:00am
Australian dollar at 16-year peak

Australian dollar at 16-year peak

The Australian dollar leapt to a 16-year high against a broadly weaker Japanese yen on Monday, underpinned by rising stock markets that reinforced a growing appetite for risky carry trades.
Published 19 Jun, 2007 12:00am
Swiss franc hits nine-year low

Swiss franc hits nine-year low

The Swiss franc steadied on Monday after hitting a nine-year low against the euro as markets awaited orders data later in the session and ignored moves last week by the Swiss National Bank to support the currency. The SNB raised interest rates by 25 basis
Published 19 Jun, 2007 12:00am
Euro at new high

Euro at new high

The euro scaled a record peak against the yen on Monday on expectations for the Bank of Japan to raise interest rates only gradually, while the New Zealand dollar retreated on suspected fresh central bank intervention.
Published 19 Jun, 2007 12:00am
Rupiah and peso rally

Rupiah and peso rally

The Indonesian rupiah and Philippine peso rallied on Monday, bouncing back to levels before a recent sell-off as investors' appetite for riskier assets improved, and other regional currencies followed them higher.
Published 19 Jun, 2007 12:00am
Hong Kong dollar ends flat

Hong Kong dollar ends flat

The Hong Kong dollar ended little changed on Monday after moving in a narrow range amid a rally in the stock market and interest rate arbitrage activities. The currency was trading at 7.8192/96 against the US dollar, barely changed from 7.8195/96 in late
Published 19 Jun, 2007 12:00am
Yuan closes lower after hitting two-year high

Yuan closes lower after hitting two-year high

China's yuan closed lower against the dollar on Monday after hitting its highest intraday level since its 2005 revaluation, pausing to consolidate after rapid gains late last week. The yuan ended at 7.6313 to the dollar, down from Friday's 7.6254, as seve
Published 19 Jun, 2007 12:00am
Rasheed praises PFF chief

Rasheed praises PFF chief

Pakistan Olympic Football team coach Muhammad Rasheed has praised Pakistan Football Federation (PFF)'s President Makhdoom Syed Faisal Saleh Hayat for lifting PFF from scratch. "The previous PFF body completely ruined the game and the scenario was that of
Published 19 Jun, 2007 12:00am
Second Asian Ju-Jitsu Championship in Lahore

Second Asian Ju-Jitsu Championship in Lahore

Pakistan Ju-Jitsu Federation (PJJF) in collaboration with Punjab government is hosting the 2nd Asian Ju-Jitsu championship in Lahore in November this year. This was stated by Punjab Minister for Education and President Punjab Ju-Jitsu Association, Mian Im
Published 19 Jun, 2007 12:00am
Collingwood century revives England

Collingwood century revives England

Paul Collingwood's unbeaten hundred on his Durham home ground steered England to a first innings lead in the fourth and final Test against the West Indies at Riverside here Monday. At tea, on the fourth day, England were 341 for seven in reply to West Ind
Published 19 Jun, 2007 12:00am
UEFA to investigate trouble at U-21 tournament

UEFA to investigate trouble at U-21 tournament

European soccer's governing body UEFA will investigate reports of racist chanting and a fight in the players tunnel after England's 2-0 win over Serbia in the European Under-21 championship on Sunday.
Published 19 Jun, 2007 12:00am
Sharapova confident before favourite slam

Sharapova confident before favourite slam

Maria Sharapova returns to her favourite tournament next week feeling stronger than ever and confident she can repeat her 2004 success. The Russian surprised many people, including herself, by reaching the French Open semi-finals earlier this month, on on
Published 19 Jun, 2007 12:00am
Lawson 'honoured' to be Pakistan coach candidate

Lawson 'honoured' to be Pakistan coach candidate

Former Australian fast bowler Geoff Lawson said Monday he was honoured to be a candidate to coach Pakistan, saying it was one of the top jobs in world cricket. Lawson, 49, is one of three Australians shortlisted to replace Bob Woolmer - who died at the Wo
Published 19 Jun, 2007 12:00am
2011 World Cup co-hosts to seek common visa

2011 World Cup co-hosts to seek common visa

Cricket officials from India, Pakistan, Sri Lanka and Bangladesh decided on Monday to push for a common visa that would allow spectators easier travel between the 2011 World Cup co-hosts during the tournament.
Published 19 Jun, 2007 12:00am
Saudi minister warns media over religious police

Saudi minister warns media over religious police

Saudi Arabia's Interior Minister has defended the kingdom's controversial "religious police" after the deaths of two Saudis in custody and accused media of exaggerating the case, a newspaper said on Monday.
Published 19 Jun, 2007 12:00am
Egyptians vote in parliamentary election

Egyptians vote in parliamentary election

Egyptians cast ballots on Monday in a run-off election for 16 seats in the upper house of parliament following an initial poll last week that was marred by allegations of vote-rigging in favour of the ruling party.
Published 19 Jun, 2007 12:00am
China slave scandal brings resignation calls

China slave scandal brings resignation calls

Chinese media demanded official resignations and repentance on Monday amid popular outrage over the virtual enslavement of workers in scorching brick kilns that reports said had operated with government complicity.
Published 19 Jun, 2007 12:00am
Italian judge freezes CIA kidnap trial

Italian judge freezes CIA kidnap trial

An Italian judge effectively froze on Monday the trial of US and Italian spies charged with kidnapping a terrorism suspect in Milan in 2003 and then flying him to Egypt, where he says he was tortured.
Published 19 Jun, 2007 12:00am
US extradites man over death of Mujibur Rahman

US extradites man over death of Mujibur Rahman

The United States has extradited a man convicted for his part in killing Bangladesh's independence leader Sheikh Mujibur Rahman 32 years ago. Mohiuddin Ahmed arrived on Monday on a Thai Airways flight accompanied by two US security officials.
Published 19 Jun, 2007 12:00am
Earthquake hits central Iran

Earthquake hits central Iran

An earthquake measuring 5.9 on the Richter scale hit central Iran on Monday and was felt in the capital Tehran as well as surrounding cities, state media reported.
Published 19 Jun, 2007 12:00am
14 Hindus convicted for killing 116 Muslims

14 Hindus convicted for killing 116 Muslims

An Indian court convicted 14 Hindus on Monday for killing 116 Muslims and burying their bodies in a cauliflower patch during one of India's bloodiest communal riots nearly 20 years ago. More than 1,000 people most of them Muslims were killed in Bhagalpur
Published 19 Jun, 2007 12:00am
Turkish president vetoes referendum plan

Turkish president vetoes referendum plan

Turkey's President Ahmet Necdet Sezer dealt a fresh blow on Monday to efforts by the Islamist-rooted government to shake up the constitution, vetoing a plan that would cut the time needed to hold referendums.
Published 19 Jun, 2007 12:00am
EU looks to restart direct Palestinian aid

EU looks to restart direct Palestinian aid

The European Union gave political backing to Palestinian President Mahmoud Abbas's emergency cabinet on Monday and said it would look urgently at restarting direct aid.
Published 19 Jun, 2007 12:00am
Bush backs Abbas Cabinet

Bush backs Abbas Cabinet

Palestinian President Mahmoud Abbas told President George W. Bush on Monday he is prepared to resume peace talks with Israel, and the US leader pledged his support, the White House said.
Published 19 Jun, 2007 12:00am
North Korea to shut reactor in July

North Korea to shut reactor in July

North Korea plans to seal its nuclear reactor, the source of weapons-grade plutonium, in the second half of July, Russia's Interfax news agency quoted an unidentified North Korean diplomatic source as saying on Monday.
Published 19 Jun, 2007 12:00am
Czechs offer Poland climbdown ladder in EU talks

Czechs offer Poland climbdown ladder in EU talks

The Czech Republic offered Poland an opportunity to climb down in talks on a new European Union treaty on Monday but it is unclear whether Warsaw is interested in a face-saving compromise at a summit this week.
Published 19 Jun, 2007 12:00am
Lebanon army squeezes militants, three troops killed

Lebanon army squeezes militants, three troops killed

Three soldiers were killed in combat on Monday as Lebanese troops advanced on militants at a Palestinian refugee camp where the army made major pushes after a month of fighting.
Published 19 Jun, 2007 12:00am
Three car bombs kill six

Three car bombs kill six

Three nearly simultaneous car bombs exploded outside a petrol station in southern Baghdad on Monday, killing six people and wounding another 27, security officials and medics said. The explosives-laden cars were in a queue of vehicles idling outside the A
Published 19 Jun, 2007 12:00am
30 killed in battles with Shia militants in Iraq

30 killed in battles with Shia militants in Iraq

British and Iraqi troops fought intense battles against alleged Iran-backed Shia militants in southern Iraq on Monday, killing at least 30 people, the US military and Iraqi police said.
Published 19 Jun, 2007 12:00am
Blast kills two near Somalia peace venue

Blast kills two near Somalia peace venue

A large blast killed two civilians in Mogadishu on Monday close to the venue for a planned peace conference that has already been delayed twice over security fears, police said.
Published 19 Jun, 2007 12:00am
14 die in Mongolian helicopter crash

14 die in Mongolian helicopter crash

Fourteen people died and eight more were seriously injured after a Russian-made helicopter tackling a forest blaze crashed in a remote part of Mongolia, officials said Monday. The chopper was the same model as one that crashed in 2001 killing nine people,
Published 19 Jun, 2007 12:00am
Seven Afghan children killed in air raid

Seven Afghan children killed in air raid

At least seven children were killed in a US-led coalition air strike on a religious school in Afghanistan, the coalition said on Monday, amid rising anger over civilian deaths from foreign military operations. A US military spokesman said some children wh
Published 19 Jun, 2007 12:00am
Pound at 15-year high versus yen

Pound at 15-year high versus yen

Sterling rose to its highest in 15 years against the yen on Monday, as investor appetite for risk retained interest in the higher-yielding British currency. Broad dollar weakness after softer-than-expected US inflation data last Friday also gave sterling
Published 19 Jun, 2007 12:00am
Yen hits record in London

Yen hits record in London

The yen hit a record low versus the euro and held near 4-1/2 year troughs against the dollar on Monday, staying under pressure after the Bank of Japan chief last week all but ruled out an interest rate rise in July.
Published 19 Jun, 2007 12:00am
Indian rupee rises

Indian rupee rises

The Indian rupee rose to its strongest level in nearly a week on Monday, powered by strong foreign investment flows, though dollar purchases by oil refiners and central bank intervention limited its gains, dealers said. The partially convertible rupee end
Published 19 Jun, 2007 12:00am
South Korean shares surge past 1,800 points

South Korean shares surge past 1,800 points

Seoul shares surged past the 1,800-point mark for the first time on Monday after data last week showing tame US inflation lifted exporters, while some brokerages rose by the daily limit on hopes for a continued market rally.
Published 19 Jun, 2007 12:00am
Monday's mid-afternoon trade: US indices flat

Monday's mid-afternoon trade: US indices flat

US stock indexes were treading water on Monday as oil prices above $69 a barrel took a toll on energy-dependent sectors and offset some of the gains from a fresh round of corporate take-overs.
Published 19 Jun, 2007 12:00am
Bond: Akzo widens

Bond: Akzo widens

The cost of default protection on Akzo Nobel rose on Monday as credit markets gave a thumbs down to its predatory ambitions after Britain's Imperial Chemicals Industries (ICI) rejected a $14.2 billion bid. Five-year credit default swaps on the Dutch chemi
Published 19 Jun, 2007 12:00am
Bond: Akzo widens

Bond: Akzo widens

The cost of default protection on Akzo Nobel rose on Monday as credit markets gave a thumbs down to its predatory ambitions after Britain's Imperial Chemicals Industries (ICI) rejected a $14.2 billion bid. Five-year credit default swaps on the Dutch chemi
Published 19 Jun, 2007 12:00am
FTSE falls

FTSE falls

The UK's leading share index drifted 0.4 percent lower on Monday, buckling under concerns over the outlook for inflation, but as ICI surged after rejecting an approach from Dutch group Akzo Nobel NV. Bucking the trend in a sliding market, ICI soared more
Published 19 Jun, 2007 12:00am
New York cotton futures end lower

New York cotton futures end lower

Cotton futures closed lower on Monday as the market consolidated near its highs and most players engaged in switch trading as the spot month goes into deliveries by the start of next week, analysts said. New York Board of Trade's open-outcry July cotton c
Published 19 Jun, 2007 12:00am
Lead at new peak, copper five-week high

Lead at new peak, copper five-week high

Lead prices hit new record highs on Monday as the market fretted about shipments from China, while copper touched a five-week high on supply woes. Lead for delivery in three months on the London Metal Exchange touched an all-time high of $2,430 a tonne in
Published 19 Jun, 2007 12:00am
Oil jumps above $72 a barrel

Oil jumps above $72 a barrel

Oil surged above $72 a barrel on Monday to a 10-month high as a general strike loomed in Nigeria and attacks on oil installations cut more supply from the world's eighth largest exporter.
Published 19 Jun, 2007 12:00am
Coffee production may increase in Asia

Coffee production may increase in Asia

Asian coffee supplies are likely to rise in coming weeks as Indonesia steps up harvesting, but they may not be enough to fill a global shortfall that has pushed prices to nine-year highs.
Published 19 Jun, 2007 12:00am
European gold soars

European gold soars

Gold prices rose to their highest in more than a week on Monday as recent declines attracted physical buyers and bargain hunters. Spot gold hit a session high of $659.05 a troy ounce, its highest since June 8, before edging down to $656.20/656.80 by 1505
Published 19 Jun, 2007 12:00am
Multan stinks, nobody cares

Multan stinks, nobody cares

Heaps of garbage, choked drains and overflowing gutters stinking high to the heaven garbage dump are a common sight in various areas of Multan. The city district government is closing its eyes to this unhealthy situation.
Published 19 Jun, 2007 12:00am
Evacuee agriculture land to be leased out on June 21

Evacuee agriculture land to be leased out on June 21

The Evacuee Trust Property Board (ETPB) has announced to lease out agricultural land in various Tehsils of Faisalabad. Zafar Iqbal, District Administrator, ETPB, said here on Monday that agriculture land in rural areas would be auctioned on lease for a pe
Published 19 Jun, 2007 12:00am
Canadian media team arrives

Canadian media team arrives

A Canadian media team arrived here to collect basic information about the family of former minister of state for communications Engineer Shahid Jamil Qureshi. A young Canadian woman of Pakistani origin was found dead in mysterious circumstances in his hou
Published 19 Jun, 2007 12:00am
PPP rejects WSJ article

PPP rejects WSJ article

The Pakistan People's Party (PPP) has rejected the contents of an article published in The Wall Street Journal last week.
Published 19 Jun, 2007 12:00am
Achakzai sees doomsday if polls rigged again

Achakzai sees doomsday if polls rigged again

Veteran politician and chief of the Pakhtoonkhawa Milli Awami Party (PMAP), Mahmood Khan Achakzai on Monday alleged that the secret agencies distributed Rs 5 million and Rs 3.5 million for each seat of National and Provincial Assembly to get their favouri
Published 19 Jun, 2007 12:00am
NAB recovered Rs 217 billion during 2006

NAB recovered Rs 217 billion during 2006

Against the staggering amount of billions of rupees, eaten away in corruption and bank loan defaults, the National Accountability Bureau (NAB) recovered over Rs 217 billion by the end of 2006, depositing it into national kitty, according to NAB.
Published 19 Jun, 2007 12:00am
'World Refugee Day' on June 19

'World Refugee Day' on June 19

Like other parts of the world, the "World Refugees Day" will be observed in the country on June 20 (Wednesday). This year, theme of the Day is "Hope for the Future", for the millions of refugees and displaced people around the globe.
Published 19 Jun, 2007 12:00am
Ban on polyethylene bags

Ban on polyethylene bags

City Nazim Syed Mustafa Kamal has banned the production and usage of polyethylene bags and the violators would face imprisonment for six months. The ban is quite right as polyethylene bags are a source of pollution. But this ban should also provide an alt
Published 19 Jun, 2007 12:00am
Malpractices in KESC

Malpractices in KESC

I would like to bring to the notice of the authorities concerned the fleecing of the consumers by the KESC. Unfortunately, our utility companies, when they were in public sector, shirked their responsibility of collecting their bills from their consumers.
Published 19 Jun, 2007 12:00am
After Gaza, some question who was overthrowing whom

After Gaza, some question who was overthrowing whom

The US government began to lay the ground for President Mahmoud Abbas to dismiss the Hamas-led Palestinian government at least a year before the Islamist group's violent take-over of the Gaza Strip last week.
Published 19 Jun, 2007 12:00am
Global warming to multiply world's refugee burden

Global warming to multiply world's refugee burden

If rising sea levels force the people of the Maldive Islands to seek new homes, who will look after them in a world already turning warier of refugees? The daunting prospect of mass population movements set off by climate change and environmental disaster
Published 19 Jun, 2007 12:00am
The company in a post-industrial capitalist economy-I

The company in a post-industrial capitalist economy-I

The Japanese economy appears at long last to be emerging from the shadow of the "lost decade" of the 1990s, with companies reporting robust earnings and corporate executives regaining their confidence.
Published 19 Jun, 2007 12:00am
Big Brothers come visiting

Big Brothers come visiting

How often the American politicians turn up at the Pakistan embassy in Washington to hear a Pakistani official tell them like what to do now that the Immigration Bill is stuck in the Senate or how to fence the El Paso-Columbus sector of the border with Mex
Published 19 Jun, 2007 12:00am
Sindh Budget

Sindh Budget

Sindh Senior Minister Syed Sardar Ahmad has presented in the Sindh Assembly a Rs 236.222 billion, tax-free budget, including a development outlay of Rs 50 billion, for the financial year 2007-08. The budget shows a deficit of 12.341 billion, but with no h
Published 19 Jun, 2007 12:00am
Set of Jinnah Papers presented to president

Set of Jinnah Papers presented to president

Zawar Hussain Zaidi, a prominent figure of the Pakistan Movement and Editor-in-Chief of Jinnah Papers, a compilation of the letters of Quaid-e-Azam Muhammad Ali Jinnah, called on President General Pervez Musharraf here on Monday.
Published 19 Jun, 2007 12:00am
150 hospitals to get hepatitis surveillance system

150 hospitals to get hepatitis surveillance system

Government has equipped 104 hospitals to diagnose hepatitis patients through surveillance system, adding that 150 hospitals would be provided with the facility by the year's end.
Published 19 Jun, 2007 12:00am
Sultan seeks Kashmiris inclusion in Pak-India dialogue

Sultan seeks Kashmiris inclusion in Pak-India dialogue

Former prime minister Azad Jammu Kashmir (AJK) and President Peoples Muslim League (PML), Barrister Sultan Mehmood Chaudhry has said that being the main stakeholders, Kashmiris must be included as the third party in the dialogue process.
Published 19 Jun, 2007 12:00am
Suicide attacks termed un-Islamic

Suicide attacks termed un-Islamic

Speakers in All Pakistan Sajjada Nasheens convention held here on Monday unanimously rejected the imposition of extreme religious views which were based upon personal whims and interpretations. The convention was presided over by Sajjada Nasheen Tunsa Sha
Published 19 Jun, 2007 12:00am
Britain's award to Salman Rushdie criticised

Britain's award to Salman Rushdie criticised

Pakistan Medical Association, Multan Chapter condemned Britain's award to author Salman Rushdie and asked for the title to be withdrawn to avoid offending Muslims.
Published 19 Jun, 2007 12:00am
Essential items on subsidised rates in Northern Areas

Essential items on subsidised rates in Northern Areas

The Utility Stores situated in all districts of Northern Areas began to implement directives and incentives offered in the Federal Budget 2007-08 and public started benefiting from them as edible commodities were sold out on subsidised rates, it was offic
Published 19 Jun, 2007 12:00am
5,000 more utility stores to be set up this year

5,000 more utility stores to be set up this year

As many as 350 franchised utility stores have already been opened at various union councils of the country under President's Rozgar Scheme. Managing Director of Utility Stores Corporation of Pakistan Brigadier Hafeez (Retd) told PTV on Monday that licence
Published 19 Jun, 2007 12:00am
High tides hit coastal villages

High tides hit coastal villages

A large number of fishermen on Monday left their houses and migrated to safer places as seawater inundated coastal areas of Karachi. The pressure of tides increases in months of June and July due to which the seawater enters into localities of fishermen,
Published 19 Jun, 2007 12:00am
EU adopts amendments in report on Kashmir

EU adopts amendments in report on Kashmir

The European Parliament (EU) during its recently held session at Brussels incorporated the amendments suggested by Kashmiri leaders in the Emma Nicholson reports on Kashmir by an overwhelming majority.
Published 19 Jun, 2007 12:00am
Benazir claims deal on power share with Nawaz

Benazir claims deal on power share with Nawaz

Pakistan Peoples Party chairperson Benazir Bhutto has claimed to have secured a "verbal" agreement from her principal rival for the prime ministership of Pakistan to a power-sharing arrangement that would see her have first crack at running the country fo
Published 19 Jun, 2007 12:00am
Illegal satellite TV, FM radios closed in AJK

Illegal satellite TV, FM radios closed in AJK

Pakistan Electronic Media Regulatory Authority (Pemra) in its drive closed down the transmission of a satellite TV and two FM radio stations being operated illegally in Azad Jammu and Kashmir.
Published 19 Jun, 2007 12:00am
NWFP governor pays surprise visit to airport, central prison

NWFP governor pays surprise visit to airport, central prison

Acting Governor NWFP Mr Justice Tariq Pervez Khan Monday paid surprise visits to Peshawar Airport and Central Prison Peshawar. At the Airport the Governor mixed up with the people present in the lounge, who apprised him of their problems and grievances as
Published 19 Jun, 2007 12:00am
Teachers set deadline for demands acceptance

Teachers set deadline for demands acceptance

The representatives of Mutahida Mahaz Asateza have set June 30 as deadline for acceptance of their demands and threatened the government to launch protest movement in case of its failure in this regard. The decision was taken at a meeting of the Mahaz hel
Published 19 Jun, 2007 12:00am
Advocacy forum for education stressed

Advocacy forum for education stressed

In a bid to bring together all the stakeholders in the field of education, the Sarhad Rural Support Programme (SRSP) on Monday organised a one day Education Policy Forum Orientation Workshop. Aimed at avoiding duplications and supplementing each other's w
Published 19 Jun, 2007 12:00am
ILO workshop

ILO workshop

The Ministry of Information and Broadcasting, and International Labour Organisation (ILO) are jointly holding a one-day capacity building workshop at a local hotel on June 19 at 3.00 pm. The topic of the workshop is "activating media in combating worst fo
Published 19 Jun, 2007 12:00am
LHC issues contempt orders against Railways official

LHC issues contempt orders against Railways official

The Lahore High Court (LHC) issued contempt notices to General Manager and divisional Superintendent Railways Rawalpindi Division and directed him to submit his written explanation within fifteen days.
Published 19 Jun, 2007 12:00am
The Weather

The Weather

The weather report on Monday (June 18, 2007) and the forecast for Tuesday (June 19, 2007).
Published 19 Jun, 2007 12:00am
LHC disposes of petition

LHC disposes of petition

The Lahore High Court (LHC) disposed of a petition filed against the detention of the Pakistan Muslim League-Nawaz (PML-N) workers as the law officer informed the court that the government had withdrawn the detention orders.
Published 19 Jun, 2007 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 19 Jun, 2007 12:00am
LHC releases Jamat-e-Islami Kasur Ameer

LHC releases Jamat-e-Islami Kasur Ameer

The Lahore High Court (LHC) set aside the detention orders of Ameer Jamat-e-Islami district Kasur Abdul Wahid and released him accordingly. The court issued these orders in a habeas petition filed by the wife of the detenue, Alia Noor, submitting that SHO
Published 19 Jun, 2007 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 19 Jun, 2007 12:00am
Plea against no-trust motion referred

Plea against no-trust motion referred

Justice Syed Hamid Ali Shah of the Lahore High Court (LHC) referred a petition filed by the Niab Nazim of Union Council (UC) No 15 of Kasur Sajjad Ahmed challenging the no-confidence motion against him and observed that there were four other petitions of
Published 19 Jun, 2007 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 19 Jun, 2007 12:00am
Passco wheat procurement exceeds target

Passco wheat procurement exceeds target

Pakistan Agricultural Storage and Services Corporation Ltd (Passco) has procured 1.268 million tons which is 97.57 percent of the assigned target of 1.3 million tons. According to a spokesman of the Corporation, procurement is still on and will remain con
Published 19 Jun, 2007 12:00am
NAB urged to probe Wapda union leaders' assets

NAB urged to probe Wapda union leaders' assets

The President Wapda Employees Pegham Union Siraj-Uddin Saqib has alleged that General Secretary Wapda Hydro Power Union Khurshid Ahmad has got ownership rights transferred in his name of nine Wapda Employees' Labour Halls in violation of rules.
Published 19 Jun, 2007 12:00am
Intel Pakistan, Standard Chartered ink MoU

Intel Pakistan, Standard Chartered ink MoU

A Memorandum of Understanding (MoU) was signed between Intel Pakistan Corporation along with one of its premium providers (IPP) and Standard Chartered Bank to facilitate Raffles desktop PCs and HP/Apple MAC laptops to the bank's credit card customers in P
Published 19 Jun, 2007 12:00am
MPAs suggest Kalabagh dam construction: Punjab budget debate underway

MPAs suggest Kalabagh dam construction: Punjab budget debate underway

Legislators in the Punjab Assembly while taking part in the debate on Punjab Budget 2007-08 have suggested the federal government to develop consensus amongst the provinces for the construction of Kalabagh dam so as to overcome the existing energy crisis
Published 19 Jun, 2007 12:00am
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