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Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-06-23
Bonds: iTraxx Crossover widens

Bonds: iTraxx Crossover widens

The iTraxx Crossover index widened late on Friday as concerns about rising interest rates and the risky US subprime mortgage market continued to hurt sentiment. The index, made up of 50 mostly "junk"-credits, widened 2 basis points to 214 basis points by
Published 23 Jun, 2007 12:00am
Bonds: iTraxx Crossover widens

Bonds: iTraxx Crossover widens

The iTraxx Crossover index widened late on Friday as concerns about rising interest rates and the risky US subprime mortgage market continued to hurt sentiment. The index, made up of 50 mostly "junk"-credits, widened 2 basis points to 214 basis points by
Published 23 Jun, 2007 12:00am
Chinese stocks tumble

Chinese stocks tumble

China's main stock index tumbled more than 3 percent on Friday as panicked individual investors dumped large-capital shares, worried that authorities were mounting a new drive to cool the market. The Shanghai Composite Index finished 3.29 percent lower at
Published 23 Jun, 2007 12:00am
Friday's mid-afternoon trade: US indices plummet

Friday's mid-afternoon trade: US indices plummet

US stocks fell sharply on Friday, with all three major averages down over 1 percent, as a pair of troubled Bear Stearns hedge funds stoked concerns that other investment banks may face large losses from subprime mortgages.
Published 23 Jun, 2007 12:00am
Banks drag FTSE into global slide

Banks drag FTSE into global slide

Britain's FTSE 100 share index registered a fifth day of losses on Friday amid a global sell-off, with banks buckling as bond prices fell, but retailers bounced after weeks of investors fretting about consumer spending.
Published 23 Jun, 2007 12:00am
ICE to buy Winnipeg exchange

ICE to buy Winnipeg exchange

Intercontinental Exchange Inc, the upstart Atlanta-based energy bourse that is fighting to merge with the Chicago Board of Trade, plans to take over the Winnipeg Commodity Exchange in a deal worth C$40 million ($37.4 million), the ICE said on Friday.
Published 23 Jun, 2007 12:00am
JP Morgan starts Asia naphtha trade, gasoline next

JP Morgan starts Asia naphtha trade, gasoline next

US bank J.P. Morgan Chase & Co has started trading the naphtha market in Asia and aims to expand to gasoline trading, company sources said on Friday. The firm has hired Amrish Bahadur, a former BP trading analyst, to cover both paper and physical naphtha
Published 23 Jun, 2007 12:00am
Oil rises above $71 on Nigeria strike fears

Oil rises above $71 on Nigeria strike fears

Oil prices rose above $71 a barrel on Friday on fears a general strike in Nigeria could intensify and disrupt crude shipments from the world's eighth-largest exporter. London Brent crude, currently seen as the best benchmark of world oil prices, settled u
Published 23 Jun, 2007 12:00am
China's grains outlook bullish

China's grains outlook bullish

Traders' outlook for grains, including wheat, turned bullish while that for soya and soya products became bearish to reflect weak demand, according to a survey by a Chinese grain think-tank.
Published 23 Jun, 2007 12:00am
New York cotton futures settle lower

New York cotton futures settle lower

Cotton futures finished lower Friday on speculative sales as players eyed the start of deliveries in the spot contract next week, analysts said. The New York Board of Trade's open-outcry July cotton contract fell 0.61 cent to conclude at 55.89 cents per l
Published 23 Jun, 2007 12:00am
India's summer crop sowing picks up

India's summer crop sowing picks up

Planting of major summer-sown crops, including rice, oilseeds and cotton, is progressing well as crucial monsoon rains advance across western India, government officials and traders said on Friday.
Published 23 Jun, 2007 12:00am
Lead nears record high

Lead nears record high

Lead prices approached their peak on Friday while copper was steady, with the market wedged between a fall in LME inventories, coupled with strike threats at mines, and a slowdown in Chinese imports.
Published 23 Jun, 2007 12:00am
European gold moves up

European gold moves up

A weaker dollar lifted gold prices on Friday, but investors kept an eye on credit market conditions that may make investors more averse to risk-taking. Platinum group metals (PGMs) were supported by the risk of supply disruptions in South Africa.
Published 23 Jun, 2007 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Wheat futures at the Chicago Board of Trade were down sharply at midday on Friday as improving harvest weather in the US Plains prompted selling after last week's run-up to 11-year highs, traders said.
Published 23 Jun, 2007 12:00am
US MIDDAY: corn slumps

US MIDDAY: corn slumps

Corn futures at the Chicago Board of Trade fell sharply early on Friday on forecasts for better crop weather in the US Midwest, traders said. At 10:12 am CDT (1512 GMT), CBOT corn was down 7 to 12-1/2 cents per bushel, with July down 10-3/4 cents per bush
Published 23 Jun, 2007 12:00am
US MIDDAY: soybeans tumble

US MIDDAY: soybeans tumble

Soybean futures on the Chicago Board of Trade fell early on Friday on forecasts for improved crop weather in the US Midwest, traders said. Follow-through speculative selling after Thursday's sharp break also contributed to the declines, they said.
Published 23 Jun, 2007 12:00am
US MIDDAY: copper down

US MIDDAY: copper down

US copper futures edged lower in morning business on Friday, extending a week-long consolidation, as traders grappled with softer Chinese May import data and a slew of ongoing strike threats, analysts said.
Published 23 Jun, 2007 12:00am
US MIDDAY: gold trades higher

US MIDDAY: gold trades higher

US gold futures traded higher early on Friday, extending the previous session's reversal from one-week lows, with a softer dollar and firmer oil prices lending support, dealers said.
Published 23 Jun, 2007 12:00am
Friday was the longest day of the year

Friday was the longest day of the year

Friday was the year's longest day in the countries located in the northern hemisphere including Pakistan. The Met office spokesman told APP here Friday, that the longest day is called the "Summer Solstice".
Published 23 Jun, 2007 12:00am
Enough water available to meet provinces' demand: Irsa

Enough water available to meet provinces' demand: Irsa

Indus River System Authority (Irsa) on Thursday said river inflows recorded at 258,500 are quite satisfactory and are being augmented by the available storage of 5 MAF to meet with the provincial demands.
Published 23 Jun, 2007 12:00am
Project to convert biomass into ethanol to be started

Project to convert biomass into ethanol to be started

A project titled 'Production of Bioenergy Plant Biomass' will be started to utilise the experience already gained to develop economically feasible process for production of biofuel from plant biomass, essentially grown on salt-affected wastelands, such as
Published 23 Jun, 2007 12:00am
Mushahid calls for OIC reactivation

Mushahid calls for OIC reactivation

The chairman, Senate standing committee on foreign affairs, Senator Mushahid Hussain Sayed has said the Organisation of Islamic Conference (OIC) should be reactivated to have a strong and independent voice in the world.
Published 23 Jun, 2007 12:00am
Senate body on rules of procedure meets

Senate body on rules of procedure meets

The Senate Committee on Rules of Procedures and Privileges Friday met under the Chairmanship of Senator Syed Tahir Hussain Mashhadi to consider the Privilege Motion moved by Senator Muhammad Enver Baig.
Published 23 Jun, 2007 12:00am
14,455 schemes completed under KPP

14,455 schemes completed under KPP

Minister for local bodies and rural development former Justice Abdul Razzaq Taheem said 14,455 schemes have been completed across the country from 2002 to 2007 under Khushal Pakistan Programme (KPP) in addition to normal development schemes carried out by
Published 23 Jun, 2007 12:00am
The power of vote

The power of vote

Vote is the power of the people to choose and stimulate the Government. The Election Commission of Pakistan has taken bold steps to introduce computerised electoral rolls. Unfortunately, Pakistani voters have been in doldrums by some statements given by t
Published 23 Jun, 2007 12:00am
Painful experience

Painful experience

On Wednesday 13th June 2007 I had a reservation on PIA flight PK319 scheduled to depart from Islamabad at 22.30 for Karachi. I phoned PIA to check if the flight was leaving on time; on being informed that it was, I hurriedly checked out of the hotel to re
Published 23 Jun, 2007 12:00am
Mars experiment to push mental endurance to the limit

Mars experiment to push mental endurance to the limit

You are in the vanguard of humanity, aboard a spaceship to Mars with five other men and women. For more than 17 months, with the perilous void surrounding your tiny refuge, the six of you will share the work and the heroics, battling emergencies, equipmen
Published 23 Jun, 2007 12:00am
As Thai economy worsens, robbers target gold shops

As Thai economy worsens, robbers target gold shops

Nantacha Kanchornkijtrakul used to leave the security at her suburban Bangkok gold shop to male relatives she trusted with the handgun hidden under the counter in case of a robbery. But after a string of gold heists across Thailand, the 37-year-old decide
Published 23 Jun, 2007 12:00am
Budget 2007-08: not pro-poor, but pro-rich

Budget 2007-08: not pro-poor, but pro-rich

The budget for the fiscal 2007-08 (FY-08) was presented in the National Assembly on the 9th June, 2007. As usual, Ministry of Finance released the "Economic Survey" a day earlier depicting developments in the economic field during the fiscal 2006-07 (FY-0
Published 23 Jun, 2007 12:00am
Unwept, unlamented collapse of bicycle industry

Unwept, unlamented collapse of bicycle industry

It is, indeed, disgusting to learn from a Recorder Report, quoting traders that the domestic bicycle making industries have almost shut down due to increasing cost of production. As the traders are stated to have pointed out, all the bicycle-manufa
Published 23 Jun, 2007 12:00am
War of references

War of references

There may be a method in this madness we don't know yet, but, on the face of it, the war between the government and the opposition is widening by the day. Parliamentary references seeking membership disqualification seem to be emerging as the new battle-f
Published 23 Jun, 2007 12:00am
Inspectors directed to submit report of electricity duty levy

Inspectors directed to submit report of electricity duty levy

Punjab Power Minister Chaudhry Armaghan Subhani has directed Electric Inspectors to submit an up to date progress of levy of Electricity Duty (ED) for independent power producers, small power producers, prime and standby generators within the expiry perio
Published 23 Jun, 2007 12:00am
Rushdie knighthood: lawyers to observe strike today

Rushdie knighthood: lawyers to observe strike today

The lawyers' community has announced to observe strike on Saturday (Today) to protest action of the British government awarding knighthood to a controversial writer Salman Rushdie. The lawyers will boycott the courts' proceedings, wear black strips and ho
Published 23 Jun, 2007 12:00am
Lawyers observe strike

Lawyers observe strike

The lawyers here in metropolis observed the usual token strike against the suspension of the chief justice and did not appear before the courts' proceedings for an hour.
Published 23 Jun, 2007 12:00am
Ship agents body unaware of freight hike by members!

Ship agents body unaware of freight hike by members!

It is ironical, indeed, that Pakistan Ships Agents Association (PSAA) is unaware about the increase made in freight rates by its members. While clarifying a report published in Business Recorder in this regard, the PSAA said.
Published 23 Jun, 2007 12:00am
Practical exam of IT from June 25

Practical exam of IT from June 25

The Controller of Examinations, Board of Intermediate and Secondary Education Hyderabad Professor Abdul Hafeez Soomro in a notification issued here today has informed that the annual practical examinations in Information Technology for the year 2007 will
Published 23 Jun, 2007 12:00am
45 percent apparel units to shut down due to cut in R&D grant

45 percent apparel units to shut down due to cut in R&D grant

Reduction in research and development (R&D) assistance by 3 percent will compel about 45 percent of small, medium apparel units to close down their production, thus declining exports by about 25 percent, industry sources said on Friday.
Published 23 Jun, 2007 12:00am
Minister says he is in touch with KESC

Minister says he is in touch with KESC

The provincial government is constantly in touch with the Karachi Electric Supply Corporation (KESC) and Siemens on continuous power failure and long hours of loadshedding in the city. Sindh Minister for Transport, Labour and Industries, Mohammed Adil Sid
Published 23 Jun, 2007 12:00am
Interaction among agriculture research bodies stressed

Interaction among agriculture research bodies stressed

Dr Muhammad Bashir Ahmad, Vice Chancellor, University of Agriculture Faisalabad has emphasised the importance of enhancing interaction among University of Agriculture Faisalabad with other agriculture research institutions to improve the quality of agricu
Published 23 Jun, 2007 12:00am
Governor's wife to inaugurate women's exhibition

Governor's wife to inaugurate women's exhibition

Wife of the Governor Punjab Begum Rubina Khalid Maqbool will inaugurate the exhibition of Women Products, at Women Business Incubation Center (WBIC) established by Small and Medium Enterprise Development Authority (SMEDA) at Peco Road on Saturday (Today)
Published 23 Jun, 2007 12:00am
ICCI demands waiver of GST on computer products

ICCI demands waiver of GST on computer products

President Islamabad Chamber of Commerce and Industry Muhammad Nasir Khan here on Friday hailed the efforts of present government which is taking keen interest for the promotion of Information Technology and as a result there are above 60 million users of
Published 23 Jun, 2007 12:00am
Farmers threaten protest

Farmers threaten protest

Farmers community has warned government of organising peaceful protest in front of the national and provincial assemblies in case the government failed to address their problems in a week.
Published 23 Jun, 2007 12:00am
Rs 1.2 billion earmarked for IT sector

Rs 1.2 billion earmarked for IT sector

The government has initiated far-reaching reforms for the promotion of latest disciplines of learning especially Information Technology and as a result of that Punjab has emerged as IT hub in Pakistan while Rs 1.2 billion have been earmarked by the provin
Published 23 Jun, 2007 12:00am
Timely completion of ongoing schemes directed

Timely completion of ongoing schemes directed

Punjab government is utilising all possible resources for the provision of modern and quality means of communication to the people of the province. Punjab Minister for Communication & Works Chaudhry Zaheer Uddin Khan said this while presiding over a high
Published 23 Jun, 2007 12:00am
CAA envisages reforms

CAA envisages reforms

The Civil Aviation Authority sub regional conference has stressed to ensure comfort, friendly environment and solution of problems to satisfy the public at all airports. This was stressed at seven-airport managers' conference held with CAA regional direct
Published 23 Jun, 2007 12:00am
Multan gives festive look ahead of CJP's arrival today

Multan gives festive look ahead of CJP's arrival today

People from all walks of life are ready to give a red carpet welcome to Chief Justice Muhammad Iftikhar Chaudhry and Multan wears a festive look as all arrangements have been finalised in connection with his visit. The CJP is schedule to address the South
Published 23 Jun, 2007 12:00am
German firm wins diesel power plants contract

German firm wins diesel power plants contract

MAN, the German engineering conglomerate, said on Thursday that its subsidiary, MAN Diesel, had signed a deal with Pakistani Atlas Group to build diesel power plants in Pakistan.
Published 23 Jun, 2007 12:00am
NWFP government to revive, strengthen sick silk units: Kanju

NWFP government to revive, strengthen sick silk units: Kanju

The NWFP Minister for Tourism, Sports and Information Technology Hussain Ahmad Kanju has said that the NWFP government would do all its best for the revival and strengthening of the sick units of Swat silk industry to develop this particular trade on the
Published 23 Jun, 2007 12:00am
Pakistan's role in promotion of regional peace vital: Kasuri

Pakistan's role in promotion of regional peace vital: Kasuri

Pakistan believes that interaction and dialogue focusing on security, economic co-operation, solution of disputes and challenges must be accelerated for promoting peace and security in the region, Foreign Minister Khurshid Kasuri said.
Published 23 Jun, 2007 12:00am
Walk against heart diseases on June 24

Walk against heart diseases on June 24

Pakistan National Heart Association (PNHA) will hold a walk tomorrow on June 24, in order to create awareness regarding heart diseases among general public.
Published 23 Jun, 2007 12:00am
Pak-Sudan ties to grow further: minister

Pak-Sudan ties to grow further: minister

The Minister of State for Sports and Culture of Sudan Abd-Algadir Muhammad Zain has said that Sudan and Pakistan are enjoying highly cordial relations since long and with the passage of time these relations would be further cemented.
Published 23 Jun, 2007 12:00am
Minfal launches quality seed production project

Minfal launches quality seed production project

Ministry of Food, Agriculture and Livestock (Minfal) has launched quality seed production under private-public partnership through another project "Establishment of Facilitation Unit for Participatory Vegetable Seed and Nursery Production Programme", whic
Published 23 Jun, 2007 12:00am
Madina Town Council approves budget

Madina Town Council approves budget

Madina Town Council (MTC) has approved the surplus budget of its Town Municipal Administration. Town Nazim, Chaudhry Ali Akhtar Khan presented the budget in the house for its approval.
Published 23 Jun, 2007 12:00am
Madina Town Council approves budget

Madina Town Council approves budget

Madina Town Council (MTC) has approved the surplus budget of its Town Municipal Administration. Town Nazim, Chaudhry Ali Akhtar Khan presented the budget in the house for its approval.
Published 23 Jun, 2007 12:00am
Fatehjang budget today

Fatehjang budget today

Tehsil Council Fatehjang would present its budget on Saturday morning at a special budget session. Tehsil Nazim Sardar Zaheer Afzal Khan would present the budget for the year 2007-2008.
Published 23 Jun, 2007 12:00am
Fatehjang budget today

Fatehjang budget today

Tehsil Council Fatehjang would present its budget on Saturday morning at a special budget session. Tehsil Nazim Sardar Zaheer Afzal Khan would present the budget for the year 2007-2008.
Published 23 Jun, 2007 12:00am
National child protection plan being framed: minister

National child protection plan being framed: minister

Minister for Social Welfare and Special Education, Zobaida Jalal said the government would devise a framework for ensuring bright future for children and their rights as has been guaranteed in the United Nations Convention.
Published 23 Jun, 2007 12:00am
Rain and thunderstorm forecast for Karachi

Rain and thunderstorm forecast for Karachi

The Meteorological Office has forecast a cloudy weather and chances of rains with thunderstorm during the next 24 hours in the city. On Friday maximum and minimum temperature was recorded at 42 and 23 degree centigrade respectively with 50 percent humidit
Published 23 Jun, 2007 12:00am
Rain emergency declared in Hyderabad

Rain emergency declared in Hyderabad

The DCO Hyderabad Aftab Ahmed Khatri has declared Rain Emergency in the WASA HDA and cancelled leaves of staff to meet with any eventuality during current monsoon season.
Published 23 Jun, 2007 12:00am
City faces nightlong power breakdowns

City faces nightlong power breakdowns

Karachi Electric Supply Corporation (KESC) has set up 18 'nerve centres' in all towns to handle rain-related emergencies in the metropolis. Additionally, the corporation also opened its 96 maintenance centres round-the-clock with necessary equipment and s
Published 23 Jun, 2007 12:00am
The Weather

The Weather

The weather report on Monday (June 04, 2007) and the forecast for Saturday (June 23, 2007).
Published 23 Jun, 2007 12:00am
CDGK buys Rs 920 million machinery for rain emergency

CDGK buys Rs 920 million machinery for rain emergency

The City District Government Karachi (CDGK) has purchased machinery worth above Rs 920 million and mobilised its entire management hierarchy to meet any untoward situation during the monsoon season and to ensure "the safety of people and property".
Published 23 Jun, 2007 12:00am
New York cotton

New York cotton

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

Published 23 Jun, 2007 12:00am
Government urged to remove GST on IT products import

Government urged to remove GST on IT products import

When the country is on the way to recovery at a gradual pace, the government should increase its efforts to accelerate the development works of the country, said Akram Khatoon, a former president of the First Women Bank (FWB), expressing her views over th
Published 23 Jun, 2007 12:00am
New York cotton

New York cotton

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

Published 23 Jun, 2007 12:00am
NWFP adopts umbrella ADP on World Bank advice

NWFP adopts umbrella ADP on World Bank advice

NWFP Minister for Finance, Shah Raz Khan on Friday said the NWFP Assembly that umbrella pattern of development schemes has been adopted in the Annual Development Programme (ADP) of the province under compulsion of the World Bank (WB).
Published 23 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 23 Jun, 2007 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The walk outs in the National Assembly are a common feature as the inevitable happened after Juma prayers. Liaquat Baloch (LB) and Fareed Piracha (FP), walked out separately. The definition and content of the Finance Bill was the issue this time.
Published 23 Jun, 2007 12:00am
Assemblies to complete their term: Shaukat

Assemblies to complete their term: Shaukat

Prime Minister Shaukat Aziz Friday reaffirmed that the assemblies would complete their term and those who speculate otherwise are the enemies of democracy. Moments after the passage of budget 2007-08 by the National Assembly, Prime Minister Shaukat Aziz s
Published 23 Jun, 2007 12:00am
Homeless demand special housing scheme

Homeless demand special housing scheme

Homeless people in Islamabad on Friday demanded of the government to design a special housing scheme for them. They warned to besiege the capital park if denied. Almost 2,000 Christian and Muslim homeless people voiced this proposal at "Convention for hom
Published 23 Jun, 2007 12:00am
Same-sex couple case adjourned till July 6

Same-sex couple case adjourned till July 6

The Lahore High Court (LHC) adjourned the proceedings till July 6, in the homosexual case, as the counsel of couple expressed his inability to argue because he had not gone through the medical report of Shumile Raj submitted by the psychiatrist board of J
Published 23 Jun, 2007 12:00am
CAA regional director visits Southern Punjab airports

CAA regional director visits Southern Punjab airports

As part of its continued efforts to achieve the objectives including efficiency, optimum utilisation of available resources, more emphasis on training, performance based-rewards in the carrier progression to maximise value of human capital, Brigadier Perv
Published 23 Jun, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 22, 2007).

Published 23 Jun, 2007 12:00am
Relief efforts underway in rain-hit Kamalia tehsil

Relief efforts underway in rain-hit Kamalia tehsil

Punjab government has started survey of the affected areas of Tehsil Kamalia to assess the loss and damage to the crops and dwellings and in this regard a relief centre has been established at TMA Kamalia for the affectees where food items and medicines a
Published 23 Jun, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (June 04, 2007) and for Saturday (June 23, 2007).
Published 23 Jun, 2007 12:00am
World Bank lists major challenges in quake-hit areas

World Bank lists major challenges in quake-hit areas

The World Bank (WB) has said that maximising the judicious use of housing grants, reducing programme drop-outs, and increasing rate of seismic compliance, especially in problematic areas remain major challenges in earthquake-hit areas.
Published 23 Jun, 2007 12:00am
Punjab Assembly passes 41 demands for grants

Punjab Assembly passes 41 demands for grants

Punjab Assembly in its budgetary deliberations on Friday passed Budget 2007-08. On the occasion the worth of Rs 432.509 billion 41 'Demands for Grants' were approved by the House. The House passed 40 of them with majority vote while one was passed unanimo
Published 23 Jun, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (June 22, 2007).

Published 23 Jun, 2007 12:00am
Punjab Assembly passes 41 demands for grants

Punjab Assembly passes 41 demands for grants

Punjab Assembly in its budgetary deliberations on Friday passed Budget 2007-08. On the occasion the worth of Rs 432.509 billion 41 'Demands for Grants' were approved by the House. The House passed 40 of them with majority vote while one was passed unanimo
Published 23 Jun, 2007 12:00am
Action ordered

Action ordered

The provincial government has asked the authorities concerned to cancel the registration of those private educational institutions which are collecting lump sum three months summer vacations fees from its students.
Published 23 Jun, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 22, 2007).

Published 23 Jun, 2007 12:00am
Senior judicial officers transferred

Senior judicial officers transferred

The Chief Justice of the Lahore High Court has placed the services of five judicial officials at the disposal of government for their appointment in different government departments.
Published 23 Jun, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 22, 2007).

Published 23 Jun, 2007 12:00am
Supreme Court grants time to Cheema to settle matter with Italian wife

Supreme Court grants time to Cheema to settle matter with Italian wife

Justice Javed Iqbal of the Supreme Court on Friday granted time to a Pakistani national Gohar Ajmal Cheema to resolve family matter with his Italian wife Sartori Tiziana. The judge, who heard the case in his chamber, directed the couple to appear before h
Published 23 Jun, 2007 12:00am
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