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Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-07-06
Hong Kong shares at record close

Hong Kong shares at record close

Hong Kong-listed China plays advanced 0.8 percent on Thursday, as coal plays surged to records amid a favourable outlook for prices of the black carbon. China Construction Bank Corp, buoyed by the prospect of its Shanghai listing, led the blue chips up 0.
Published 06 Jul, 2007 12:00am
Thai shares slip after three-day jump

Thai shares slip after three-day jump

Thai share prices closed marginally lower on Thursday, after hitting their highest levels in 10-years, on profit taking after massive inflows spurred the market since early this week, dealers said. They said the sharp rise of the Thai baht, which is also
Published 06 Jul, 2007 12:00am
New Zealand shares change slightly

New Zealand shares change slightly

New Zealand share prices closed little changed on Thursday in the absence of leads to drive the market, dealers said. The benchmark NZX-50 gross index fell 3.56 points to 4,236.70. Turnover was worth 97.0 million dollars (75.8 million US) with falls outnu
Published 06 Jul, 2007 12:00am
Indian shares tumble

Indian shares tumble

Indian share prices closed 0.12 percent lower on Thursday, snapping five days of gains as investors locked in profits after a sharp run-up this week, dealers said. They said trading was volatile as buying sentiment weakened after days of buying in index a
Published 06 Jul, 2007 12:00am
Philippines shares close 1.89 percent higher

Philippines shares close 1.89 percent higher

Philippines share prices rose 1.89 percent on Thursday for another record finish as investors welcome another set of benign inflation figures, dealers said. Consumer inflation slowed to 2.3 percent in June from 2.4 percent in May, easing concerns over the
Published 06 Jul, 2007 12:00am
Nikkei surges led by blue chip exporters

Nikkei surges led by blue chip exporters

Japan's Nikkei share average edged up 0.3 percent on Thursday, rising for the sixth session in a row, led by Sony Corp and other exporters as the yen slipped in the currency markets. Seven & I Holdings rose 2.6 percent to 3,600 yen before Japan's biggest
Published 06 Jul, 2007 12:00am
Malaysian shares sag

Malaysian shares sag

Malaysian share prices closed 0.56 percent lower on Thursday on profit-taking after four days of gains and amid a lack of fresh leads, dealers said. The Kuala Lumpur Composite Index fell 7.84 points to 1,369.30, off a low of 1,365.47, on volume of 1.21 bi
Published 06 Jul, 2007 12:00am
Western Mining raises $816 million in Shanghai IPO

Western Mining raises $816 million in Shanghai IPO

Western Mining Co Ltd, a leading Chinese mining firm, said on Thursday it had priced its Shanghai IPO shares at 13.48 yuan each to raise 6.2 billion yuan ($816 million) for mine expansion projects. The firm, China's second-largest lead miner and fourth-la
Published 06 Jul, 2007 12:00am
Western Mining raises $816 million in Shanghai IPO

Western Mining raises $816 million in Shanghai IPO

Western Mining Co Ltd, a leading Chinese mining firm, said on Thursday it had priced its Shanghai IPO shares at 13.48 yuan each to raise 6.2 billion yuan ($816 million) for mine expansion projects. The firm, China's second-largest lead miner and fourth-la
Published 06 Jul, 2007 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 68.70/68.74 (previous 68.70/68.76). Call Money Rates: 6.50-10.25 percent (previous 6.50-10.25 percent.
Published 06 Jul, 2007 12:00am
Yuan ends down for second day

Yuan ends down for second day

China's yuan closed lower against the dollar on Thursday, continuing a modest correction for a second day as it took its cues from the central bank's weaker mid-point. Dealers said the yuan was set for a further correction after recent gains but expected
Published 06 Jul, 2007 12:00am
Asian currencies: rupiah falls after rate cut

Asian currencies: rupiah falls after rate cut

The Indonesian rupiah fell on Thursday after the central bank cut its policy rate for the 13th time in just over a year, spoke of more room to cut rates and forecast a further fall in inflation. Elsewhere, the Thai baht rallied to a fresh 10-year high of
Published 06 Jul, 2007 12:00am
Dollar near 26-year low against pound

Dollar near 26-year low against pound

The dollar stayed near a 26-year low against sterling and a two-month trough versus the euro on Thursday as investors awaited interest rate decisions by the European Central Bank and Bank of England later in the session.
Published 06 Jul, 2007 12:00am
Australian dollar in narrow stage

Australian dollar in narrow stage

The Australian dollar stayed in a narrow range near an 18-year high against the US currency on Thursday, supported by gains versus the yen before key interest rate decisions in Europe later in the session.
Published 06 Jul, 2007 12:00am
Hong Kong dollar weakens

Hong Kong dollar weakens

The Hong Kong dollar fell against the US dollar on Thursday, undermined by diminishing demand for funds with the closing of a hotly sought-after share offering. The domestic currency was trading at 7.8158/60 to the US dollar, weaker than 7.8125/28 in late
Published 06 Jul, 2007 12:00am
Swiss franc flat

Swiss franc flat

The Swiss franc was near flat against the euro and dollar in early trading on Thursday ahead of the European Central Bank's weekly policy meeting. The ECB is widely expected to hold its key short-term interest rate at 4.00 percent but markets will be look
Published 06 Jul, 2007 12:00am
Anderson fined for Morton barge

Anderson fined for Morton barge

England fast bowler James Anderson has been fined 50 percent of his match fee after shoulder-barging West Indies batsman Runako Morton during the second one-day international at Edgbaston.
Published 06 Jul, 2007 12:00am
Venus and Ana Ivanovic move into semi-finals

Venus and Ana Ivanovic move into semi-finals

Venus Williams strode into the semi-finals of Wimbledon on Thursday while tournament organisers cast anxious glances to the sky. Her younger sister Serena, beaten by Justine Henin in the quarters on Wednesday, rates Venus as the best grasscourt player lef
Published 06 Jul, 2007 12:00am
Gayle ready to give Chanderpaul final push

Gayle ready to give Chanderpaul final push

West Indies captain Chris Gayle will be happy for Shivnarine Chanderpaul to bat on one leg in Saturday's decisive one-day international against England after his latest hundred this tour gave the side a shot at winning the series but also saw him injured.
Published 06 Jul, 2007 12:00am
Junior Squash Championship from July 9

Junior Squash Championship from July 9

First DC Rangers (Sindh) National Junior Squash Championship to be held from 9 to 14 July, this was announced during a press conference in Pakistan Rangers (Sindh) Sports Complex on Thursday.
Published 06 Jul, 2007 12:00am
Sri Lanka clinch series amid Bangladesh's record partnership

Sri Lanka clinch series amid Bangladesh's record partnership

Sri Lanka saw off a record stand between two young Bangladesh batsmen to win the second cricket Test by an innings and 90 runs with two days to spare on Thursday. Bangladesh, trailing by 389 runs in the first innings, were bowled out for 299 in the final
Published 06 Jul, 2007 12:00am
Nadal plays his best on grass to beat Youzhny

Nadal plays his best on grass to beat Youzhny

Rafael Nadal produced his best performance on grass as he fought back to beat Russian Mikhail Youzhny 4-6 3-6 6-1 6-2 6-2 and reach the quarter-finals at Wimbledon on Thursday. "I have never played so well on grass," said the second seed, who will meet se
Published 06 Jul, 2007 12:00am
Filthy flood water worries India

Filthy flood water worries India

Health officials in India's flood-hit city of Kolkata said on Thursday they were worried about the outbreak of disease, as residents drank and swam in filthy, neck-deep water. The city of over 8 million faced the prospect of more flooding as a storm, 50 k
Published 06 Jul, 2007 12:00am
Gore slams US-led climate pact as sham

Gore slams US-led climate pact as sham

Former US Vice President Al Gore slammed the United States and some other big polluters for forming what he called a sham global warming pact separate from the rest of the world.
Published 06 Jul, 2007 12:00am
Russia faces challenges to have Sochi Games ready

Russia faces challenges to have Sochi Games ready

After the celebrations, comes the headache: Russia has won the right to host the 2014 Winter Olympics but now it faces the challenge of building the venues almost from scratch. President Vladimir Putin says he is certain the city will be ready on time but
Published 06 Jul, 2007 12:00am
Live Earth team tries to overturn ban on Rio show

Live Earth team tries to overturn ban on Rio show

Organisers of the Rio de Janeiro leg of the Live Earth global series of concerts said on Thursday they have obtained police approval for Saturday's show and hope to overturn a court injunction blocking it.
Published 06 Jul, 2007 12:00am
China claims credit on Darfur

China claims credit on Darfur

China claimed credit on Thursday for coaxing Sudan to accept a planned UN presence in its troubled Darfur region, and said it had raised concerns about its arms exports flowing to Khartoum-linked militia there.
Published 06 Jul, 2007 12:00am
Britain studies bomb plot for links to al Qaeda

Britain studies bomb plot for links to al Qaeda

Investigators are tracing their way through a maze of foreign links to a failed bomb plot in Britain to establish the possible role of al Qaeda's inner circle or its Iraqi arm, security sources said on Thursday.
Published 06 Jul, 2007 12:00am
Europe heads to beach, Americans head to work

Europe heads to beach, Americans head to work

As Europe's workers take a few weeks of holiday this summer, their American colleagues will be lucky to get a few days off work, says a report published by the European Trade Union Institute.
Published 06 Jul, 2007 12:00am
Tamil Tigers fete 20 years of suicide bombers

Tamil Tigers fete 20 years of suicide bombers

Draping garlands over photographs of dead comrades to the sound of rebel anthems, Sri Lanka's Tamil Tigers on Thursday marked the 20th anniversary of the first attack by their elite Black Tiger suicide wing.
Published 06 Jul, 2007 12:00am
Baghdad car bomb kills 12

Baghdad car bomb kills 12

A car bomb killed 12 people and wounded 25 others in southern Baghdad on Thursday, Iraqi police said. They said several children were among the dead and wounded in the attack in the mainly Shia neighbourhood of Abu Dshir. The car exploded near a restauran
Published 06 Jul, 2007 12:00am
Suicide bomber kills 10 Afghan policemen

Suicide bomber kills 10 Afghan policemen

A suicide bomber in police uniform killed 10 Afghan policemen and wounded 10 others as he sat with them on Thursday at a checkpoint near the south-eastern town of Spin Boldak, a local police chief said.
Published 06 Jul, 2007 12:00am
Russia rejects Litvinenko extradition request

Russia rejects Litvinenko extradition request

Russia on Thursday formally rejected a British request to extradite the main suspect in the murder by poison of Russian emigre Alexander Litvinenko, deepening a diplomatic feud. Russian officials had already told reporters they could not extradite ex-stat
Published 06 Jul, 2007 12:00am
11 Palestinians killed in Gaza raid

11 Palestinians killed in Gaza raid

Israeli troops and armoured vehicles crossed into the central Gaza Strip on Thursday, killing 10 Palestinian militants, including nine from the Hamas group, and a civilian. Israeli forces exchanged fire with gunmen in al-Maghazi refugee camp, and some mil
Published 06 Jul, 2007 12:00am
'Accumulating risks' to world energy supply: US

'Accumulating risks' to world energy supply: US

The world is not running out of hydrocarbons but there are "accumulating risks" to securing global crude oil and natural gas supplies through 2030, a high-level board of US oil company executives found in a report obtained by Reuters on Thursday.
Published 06 Jul, 2007 12:00am
Three-year-old girl kidnapped in Nigeria

Three-year-old girl kidnapped in Nigeria

Gunmen kidnapped a three-year-old British girl in the Nigerian oil city of Port Harcourt while she was on her way to school on Thursday morning, police said. A police spokeswoman said the child was snatched from the car in which she was being driven as it
Published 06 Jul, 2007 12:00am
Rights abuses unabated in Raul Castro's Cuba

Rights abuses unabated in Raul Castro's Cuba

Eleven months after Cuban leader Fidel Castro handed over power to his brother, Cuba continues to trample on civil liberties, though the number of political prisoners has fallen, a rights group said on Thursday.
Published 06 Jul, 2007 12:00am
Rwandan gets 20 years in genocide trial

Rwandan gets 20 years in genocide trial

A Belgian court sentenced a former Rwandan army major to 20 years in prison on Thursday for the murder of 10 Belgian peacekeepers and an undetermined number of Rwandan civilians at the start of the 1994 genocide.
Published 06 Jul, 2007 12:00am
Turk court backs government reform plans and referendum

Turk court backs government reform plans and referendum

Turkey's top court on Thursday unexpectedly backed the Islamist-rooted government's plans to hold a referendum on constitutional reforms that would allow voters instead of parliament to elect future presidents.
Published 06 Jul, 2007 12:00am
France confirms H5N1 flu virus in swans

France confirms H5N1 flu virus in swans

Tests have confirmed that three swans found dead in eastern France were killed by the H5N1 bird flu virus, the French agriculture ministry said on Thursday, France's first cases of the disease in over a year.
Published 06 Jul, 2007 12:00am
Somali government executes two as blasts strike

Somali government executes two as blasts strike

The Somali government on Thursday carried out its first formal executions, killing two suspected Islamist insurgents convicted of murdering a government official just three days earlier.
Published 06 Jul, 2007 12:00am
Sterling holds near 26-year peak

Sterling holds near 26-year peak

Sterling rallied to session highs near recent 26-year peaks versus the dollar on Thursday after the Bank of England raised interest rates as expected to 5.75 percent and said inflation risks remained to the upside. The BoE's move marked its fifth bout of
Published 06 Jul, 2007 12:00am
Euro hits record peak

Euro hits record peak

The euro hit a record high versus the low-yielding yen and a two-month high against the dollar on Thursday, as the European Central Bank kept interest rates on hold but is expected to pave the way for a rise soon. The ECB kept rates steady at 4.0 percent,
Published 06 Jul, 2007 12:00am
Indian rupee jumps to nine-year high

Indian rupee jumps to nine-year high

The Indian rupee rose to its strongest close in nine years on Thursday, supported by sustained capital flows, but suspected central bank intervention put the brakes on its gains during the day, traders said. The partially convertible rupee ended at 40.43/
Published 06 Jul, 2007 12:00am
Credit spreads widen on concern over higher rates

Credit spreads widen on concern over higher rates

European credit spreads widened on Thursday after European Central Bank President Jean-Claude Trichet warned inflation may accelerate, dampening demand for fixed-income securities.
Published 06 Jul, 2007 12:00am
Credit spreads widen on concern over higher rates

Credit spreads widen on concern over higher rates

European credit spreads widened on Thursday after European Central Bank President Jean-Claude Trichet warned inflation may accelerate, dampening demand for fixed-income securities.
Published 06 Jul, 2007 12:00am
Seoul shares hit record again

Seoul shares hit record again

Seoul shares hit a second consecutive record on Thursday led by technology firms such as LG.Philips LCD and Hynix Semiconductor on expectations profits will recover thanks to rising prices for flat panels and chips. Broader gains were underpinned by data
Published 06 Jul, 2007 12:00am
Chinese shares drop

Chinese shares drop

Chinese share prices closed 5.25 percent lower on Thursday as investors fretted that a special treasury bond issue and plans to allow greater overseas investment will sap liquidity, dealers said. They said news that the Ministry of Finance will issue 500
Published 06 Jul, 2007 12:00am
Thursday's early afternoon: US shares dragged down by rising bond yields

Thursday's early afternoon: US shares dragged down by rising bond yields

US stocks slid on Thursday afternoon, with financial shares hurt by rising bond yields. US Treasury prices fell, and yields rose, after stronger-than-expected job market and service sector data. Rising yields can lead to higher borrowing costs, which can
Published 06 Jul, 2007 12:00am
UK's top share index dips

UK's top share index dips

The FTSE 100 of Britain's leading shares ended down 0.6 percent on Thursday as the Bank of England (BoE) raised interest rates to their highest level in six years and miners rose in a directionless trading session. As expected, the BoE hiked rates for the
Published 06 Jul, 2007 12:00am
EU seeks biofuel imports

EU seeks biofuel imports

The European Union signalled on Thursday it was ready to ramp up imports of biofuels from countries such as Brazil but warned producers it expected strict environmental standards to be met. The 27-nation EU set itself a target in March for biofuels to mak
Published 06 Jul, 2007 12:00am
Oil surges to nearly $75 on demand

Oil surges to nearly $75 on demand

Oil surged over 2 percent to nearly $75 a barrel on Thursday on strong demand and as fresh violence in Nigeria spurred supply concerns. London crude rebounded after slipping from earlier highs on US government data that showed crude supplies rising and re
Published 06 Jul, 2007 12:00am
Egypt buys 1.8 million tonnes domestic wheat

Egypt buys 1.8 million tonnes domestic wheat

Egypt said on Thursday it had bought 1.8 million tonnes of wheat from local farmers since the start of the marketing season in April, well short of the government's target of 3 million tonnes.
Published 06 Jul, 2007 12:00am
New York cotton futures end higher

New York cotton futures end higher

Cotton futures finished with moderate gains on Thursday with activity remaining light as players waited for US Department of Agriculture weekly export sales data which was delayed by the holiday this week.
Published 06 Jul, 2007 12:00am
China sees power crops potential

China sees power crops potential

China could grow large quantities of crops for biofuels, but a lack of planning and co-ordination may prevent the country from making full use of their potential, the Agriculture Ministry said on Thursday. In a report on crops for biofuels, the ministry c
Published 06 Jul, 2007 12:00am
Lead touches new high

Lead touches new high

Industrial metal lead finished slightly lower after hitting a fresh high above $2,900 per tonne on Thursday, which had taken its gains since the start of the year to more than 70 percent Other metals on the London Metal Exchange were steady, which support
Published 06 Jul, 2007 12:00am
European gold falls

European gold falls

Gold changed course to fall by 1.3 percent to a one-week low as a rise in the dollar after better-than-expected data on the US services sector triggered bullion selling. Gold fell as low as $645.70 an ounce, the lowest since June 28, after rising to a hig
Published 06 Jul, 2007 12:00am
US MIDDAY: wheat soars

US MIDDAY: wheat soars

Wheat futures at the Chicago Board of Trade were sharply higher at midsession on Thursday, rallying from recent declines on bullish export news, including sales of US wheat to Iraq and Egypt, traders said.
Published 06 Jul, 2007 12:00am
US MIDDAY: corn rises

US MIDDAY: corn rises

Corn futures on the Chicago Board of Trade were higher early on Thursday due to lighter-than-expected rainfall at midweek in the US Midwest and forecasts for hot weather by the weekend, traders said. At 9:59 am CDT (1459 GMT), CBOT corn was up 1-1/2 to 6-
Published 06 Jul, 2007 12:00am
US MIDDAY: soyabeans firm

US MIDDAY: soyabeans firm

Soyabean futures at the Chicago Board of Trade were firm at midday on Thursday amid worries about heat and dryness moving into the US Midwest by the weekend, traders said. At 11:37 am CDT (1637 GMT), CBOT soya was up 2 to 4 cents per bushel, with July up
Published 06 Jul, 2007 12:00am
US MIDDAY: copper rides

US MIDDAY: copper rides

US copper futures charged to a two-month peak at the open on Thursday as momentum buying continued to gather steam following a one-day holiday break, traders said. The New York Mercantile Exchange's energy and commodity markets were closed on Wednesday fo
Published 06 Jul, 2007 12:00am
US MIDDAY: gold futures fall

US MIDDAY: gold futures fall

US gold futures fell in early trade Thursday as a stronger dollar offset rising oil prices despite comments on inflation worries from the Bank of England and the European Central Bank.
Published 06 Jul, 2007 12:00am
IFJ urges immediate safety measures for journalists

IFJ urges immediate safety measures for journalists

The International Federation of Journalists (IFJ) is shocked and distressed to hear of the loss of photojournalist life in Islamabad during the day-long confrontation between government forces and a religious group operating in and around the premises of
Published 06 Jul, 2007 12:00am
AHIM announces bonus distribution

AHIM announces bonus distribution

Arif Habib Investments (AHIM) with funds under management of Rs 22.6 billion as of June 30, 2007 announced bonus distribution for their open-end funds including Pakistan Stock Market Fund, Pakistan International Element Islamic Fund, Pakistan Capital Mark
Published 06 Jul, 2007 12:00am
Tusdec to set up dies, moulds centre in Gujranwala

Tusdec to set up dies, moulds centre in Gujranwala

A tools, dies and moulds centre is being set up in Gujranwala by the Technology Upgradation and Skills Development Company (TUSDEC) to meet the industry's needs. It was learnt that the Ministry of Industries and Production, after Karachi TDM Centre, is es
Published 06 Jul, 2007 12:00am
Quetta airport

Quetta airport

This has reference to Quetta airport operation. Quetta by air is linked to the rest of the country only in day time. In the night no flight can land at the airport due to gorge like terrain of the city. However, some places, like Kathmandu, are more dange
Published 06 Jul, 2007 12:00am
Misuse of cellphones

Misuse of cellphones

This is to draw the attention of the ministry concerned the vices erupting from the influx of mobile phone communications in the last couple of years. In the initial stages when mobile phones were introduced, there were checks applied to applicants to pro
Published 06 Jul, 2007 12:00am
Hunting an invisible enemy in Afghanistan

Hunting an invisible enemy in Afghanistan

Lieutenant Asadullah Khan and his small unit were expecting tough fighting with the Taliban when they were ordered to pack for an operation in the southern province of Ghazni. Just before their deployment, violence had peaked in the province with bombings
Published 06 Jul, 2007 12:00am
Refusal to pay power bills

Refusal to pay power bills

Wapda is angry with its consumers in the Federally Administered Tribal Areas (Fata), and rightly so. According to a report appearing in this paper the other day, only three percent of the Fata consumers pay their bills for about 450 MW of electricity supp
Published 06 Jul, 2007 12:00am
Electoral code of conduct

Electoral code of conduct

The Citizens Group on Electoral Process (CGEP) came up with a proposal in Islamabad the other day that it described as a model code of conduct, for consideration by the Election Commission of Pakistan, political parties and other stakeholders.
Published 06 Jul, 2007 12:00am
About 800 gastroenteritis patients admitted in hospitals

About 800 gastroenteritis patients admitted in hospitals

About 800 people with gastroenteritis have been admitted to different hospitals of the Kasur City, including the DHQ hospital, where at least 250 patients had been treated during the last three days. The doctors told Business Recorder that a large
Published 06 Jul, 2007 12:00am
Thalassaemia on rise in the country: expert

Thalassaemia on rise in the country: expert

Thalassaemia is on rise in Pakistan and the statistics indicated that about three to four thousand children are born with the more virulent form of the disease, called thalassaemia major every year. Prominent Paediatric and Professor Liaquat University of
Published 06 Jul, 2007 12:00am
Rising ghee prices trend continues

Rising ghee prices trend continues

The increasing trend in ghee prices continued as its price rose by Rs 10 for a 16-kilogram ghee can in Multan retail market. During the month of January, the price of one-kg ghee was Rs 62 and the same reached at Rs 90 in the beginning of the first week o
Published 06 Jul, 2007 12:00am
FGEHF urges speedy land acquisition in G-14

FGEHF urges speedy land acquisition in G-14

The Federal Government Employees Housing Foundation (FGEHF) wants an early completion of land acquisition process in Sector G-14/1,2,3, which is hampering development work.
Published 06 Jul, 2007 12:00am
SIA urges fund for Balochistan flood-victims

SIA urges fund for Balochistan flood-victims

Site Association of Industry (SAI) has set up a relief fund for the flood-affectees in Balochistan and called upon its members to donate generously to this fund.
Published 06 Jul, 2007 12:00am
HEC initiates university-industry interaction programme

HEC initiates university-industry interaction programme

Dr Rozeena Tufail, MNA and Parliamentary Secretary of Statistics Division said the Higher Education Commission had launched University-Industry Interaction Programme to establish strong interaction between academician and industries.
Published 06 Jul, 2007 12:00am
People's lawyers rally

People's lawyers rally

Different wings of Pakistan People's Party (PPP) on Thursday observed the black-day (July-5) when General Zia-ul-Haq toppled an elected government of Zulfikar Ali Bhutto. People's lawyers forum today organised a rally, which began from district courts und
Published 06 Jul, 2007 12:00am
PPP candidates for Punjab finalised

PPP candidates for Punjab finalised

Former Speaker of National Assembly Syed Yousaf Raza Gilani has applied for the ticket of national assembly from NA-150 and 151, Makhdoom Shah Mehmood Qureshi from NA-148 and Jehanian constituency, former law minister Malik Mukhtar Ahmed Awan also sought
Published 06 Jul, 2007 12:00am
PPP for correction in voters list

PPP for correction in voters list

Sherry Rahman, MNA, has asked for correction of voters' lists that disenfranchised more than 20 million voters. In a statement, PPP information secretary said the controversial list had caused resentment in the country, and has upset stakeholders, candida
Published 06 Jul, 2007 12:00am
Musharraf won't be able to achieve objective: Baloch

Musharraf won't be able to achieve objective: Baloch

MMA Deputy Secretary General and Jamaat-i-Islami (JI) Naib Ameer Liaqat Baloch has said that President Pervez Musharraf won't be able to achieve his political objectives under the cover of operation against the Lal Masjid and the Jamia Hafsa, because of t
Published 06 Jul, 2007 12:00am
SBP asked to find exit plan for spinning mills

SBP asked to find exit plan for spinning mills

Many of the spinning mills have become sick and gone into default. It is estimated that over 1.5 million spindles have already closed down while many others are on the verge of closure. These views were expressed by Chairman All Pakistan Textile Associati
Published 06 Jul, 2007 12:00am
Opposition leaders leave for London APC

Opposition leaders leave for London APC

Leaders of different opposition parties and a delegation of the Lahore High Court Bar Association (LHCBA) on Thursday left here for London to participate in the all parties conference (APC) convened by the PML-N and scheduled from July 7.
Published 06 Jul, 2007 12:00am
ZTBL issues Rs 1.2 billion loans in Rahim Yar Khan

ZTBL issues Rs 1.2 billion loans in Rahim Yar Khan

Zarai Taraqiati Bank Limited (ZTBL) has so far issued loan of 1.2 billion rupees to the small growers in the district. Talking to APP here on Thursday, ZTBL Zonal Chief Rana Mujahid Ali Khan said the bank had recovered Rs 1.34 billion from its loanees in
Published 06 Jul, 2007 12:00am
PHA officials directed to check strength of billboards

PHA officials directed to check strength of billboards

Punjab Minister for Housing & Urban Development, Syed Raza Ali Gillani, has directed the high ranking officers of parks & horticulture authority (PHA) to depute teams of experts immediately to check the strength of existing billboards and neon signs in th
Published 06 Jul, 2007 12:00am
Punjab government plans to settle Hafsa female students

Punjab government plans to settle Hafsa female students

Punjab government has decided to provide shelter to the female students of Jamia Hafsa at different institutions of Social Welfare Department. On the directives of Punjab Chief Minister, Chaudhry Pervaiz Elahi, Adviser to Chief Minister on Social Welfare
Published 06 Jul, 2007 12:00am
Data on rain induced ailments in process regularly

Data on rain induced ailments in process regularly

Sindh Health Department is currently in process of compiling daily data with regard to varied rain-induced health conditions and diseases other than diarrhoea and gastroenteritis.
Published 06 Jul, 2007 12:00am
29th unit of Pizza Hut inaugurated

29th unit of Pizza Hut inaugurated

It gives us great pleasure to welcome you to the official opening of the 29th Unit of Pizza Hut at Muhammad Ali Society. Muhammad Ali Society is one of the oldest commercial areas of Karachi and it is a great feeling to have our full-fledged restaurant no
Published 06 Jul, 2007 12:00am
Government urged to activate probation system

Government urged to activate probation system

Society for the Protection of Rights of Child (Sparc) has demanded of the government on Thursday to activate probation system, which is urgently needed to improve the situation of children in Pakistan.
Published 06 Jul, 2007 12:00am
Pacra upgrades SNGPL rating

Pacra upgrades SNGPL rating

Pakistan Credit Rating Agency Limited (PACRA) has upgraded long-term entity rating of Sui Northern Gas Pipeline Company Limited (SNGPL) to AA (Double A) while maintained company's short-term rating at A1+ (A One Plus).
Published 06 Jul, 2007 12:00am
Pacra upgrades SNGPL rating

Pacra upgrades SNGPL rating

Pakistan Credit Rating Agency Limited (PACRA) has upgraded long-term entity rating of Sui Northern Gas Pipeline Company Limited (SNGPL) to AA (Double A) while maintained company's short-term rating at A1+ (A One Plus).
Published 06 Jul, 2007 12:00am
'US to continue support ensuring energy security'

'US to continue support ensuring energy security'

United States Agency for International Development (USAID) Regional Coordinator for South Asia Regional Initiative for Energy (SARI-Energy), Robyn McGuckin said the US would continue supporting Pakistan in its endeavours to ensure energy security.
Published 06 Jul, 2007 12:00am
Meeting held

Meeting held

A meeting of Punjab University's Advance Studies and Research Board was held under the chairmanship of acting Vice-chancellor Punjab University Professor Dr Muhammad Arif Butt, here on Thursday.
Published 06 Jul, 2007 12:00am
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