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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-07-11
TDAP likely to takeover PHDEB

TDAP likely to takeover PHDEB

Trade Development Authority of Pakistan (TDAP) is likely to takeover Pakistan Horticulture Development and Export Board (PHDEB), according to well place sources here. Several meetings have been held between the PHDEB officials with the TDAP Chairman Tariq
Published 11 Jul, 2007 12:00am
Wheat subsidy only for vulnerable consumers: ADB

Wheat subsidy only for vulnerable consumers: ADB

Asian Development Bank (ADB) has asked Pakistan to ensure that consumer wheat subsidy will be given only to vulnerable and poor households instead of a blanket subsidy for all wheat consumers.
Published 11 Jul, 2007 12:00am
Miscreants blow up power pylon

Miscreants blow up power pylon

Unknown miscreants here Monday night blew up the 132 KV transmission line tower of Peshawar Electricity Supply Company (Pesco) which disrupted power supply from all the 11 KV feeders to Peshawar industrial area, Peshawar University and 132 Bar Grid Statio
Published 11 Jul, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am
Miscreants blow up power pylon

Miscreants blow up power pylon

Unknown miscreants here Monday night blew up the 132 KV transmission line tower of Peshawar Electricity Supply Company (Pesco) which disrupted power supply from all the 11 KV feeders to Peshawar industrial area, Peshawar University and 132 Bar Grid Statio
Published 11 Jul, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am
Chaman-Quetta rail track reopened

Chaman-Quetta rail track reopened

Troops of Army Engineers on Tuesday successfully reopened the Railway Track Chamman-Quetta after weary efforts of around one week. Most of the road communication has been restored in Balochistan by Frontier Works Organisation and Army Engineers, 58KM Nata
Published 11 Jul, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am
Customs duty embezzlers' gang busted

Customs duty embezzlers' gang busted

Customs Intelligence, Faisalabad, has busted a gang, which was busy in embezzling customs and other government duties, and seized 6 import containers, which were brought to Faisalabad and Lahore from Port Qasim, Karachi, without payment of customs duty am
Published 11 Jul, 2007 12:00am
TDAP likely to takeover PHDEB

TDAP likely to takeover PHDEB

Trade Development Authority of Pakistan (TDAP) is likely to takeover Pakistan Horticulture Development and Export Board (PHDEB), according to well place sources here. Several meetings have been held between the PHDEB officials with the TDAP Chairman Tariq
Published 11 Jul, 2007 12:00am
TDAP likely to takeover PHDEB

TDAP likely to takeover PHDEB

Trade Development Authority of Pakistan (TDAP) is likely to takeover Pakistan Horticulture Development and Export Board (PHDEB), according to well place sources here. Several meetings have been held between the PHDEB officials with the TDAP Chairman Tariq
Published 11 Jul, 2007 12:00am
PCGA denies report

PCGA denies report

The Pakistan Cotton Ginners' Association (PCGA) has confirmed that so far there is no plan for closing Sindh Circle office at Karachi. A press release from PCGA on Tuesday said hat firstly the news in Business Recorder, published on July10, 2007 wa
Published 11 Jul, 2007 12:00am
PCGA denies report

PCGA denies report

The Pakistan Cotton Ginners' Association (PCGA) has confirmed that so far there is no plan for closing Sindh Circle office at Karachi. A press release from PCGA on Tuesday said hat firstly the news in Business Recorder, published on July10, 2007 wa
Published 11 Jul, 2007 12:00am
LSE index loses 41.29 points

LSE index loses 41.29 points

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in negative zone amid ascending transaction volume on account of selling pressure generated following army operation at Lal Masjid.
Published 11 Jul, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am
LSE index loses 41.29 points

LSE index loses 41.29 points

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in negative zone amid ascending transaction volume on account of selling pressure generated following army operation at Lal Masjid.
Published 11 Jul, 2007 12:00am
Bears stage comeback on ISE

Bears stage comeback on ISE

Bears returned in the driving at the Islamabad Stock Exchange (ISE) where major players and short-term margin hunters remained on the sidelines amid decrease in index. ISE-10 Index was down by 17.35 points as it moved from 2,932.43 to 2,915.08 points.
Published 11 Jul, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (July 10, 2007).
Published 11 Jul, 2007 12:00am
Bears stage comeback on ISE

Bears stage comeback on ISE

Bears returned in the driving at the Islamabad Stock Exchange (ISE) where major players and short-term margin hunters remained on the sidelines amid decrease in index. ISE-10 Index was down by 17.35 points as it moved from 2,932.43 to 2,915.08 points.
Published 11 Jul, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am
PIA-Hashoo group accord on ground services to passengers

PIA-Hashoo group accord on ground services to passengers

Pakistan International Airlines (PIA) and Destinations of The World- Pakistan, a Hashoo Group company, have joined hands together in an alliance to facilitate PIA passengers in ground services throughout the national carrier's network of operations.
Published 11 Jul, 2007 12:00am
Missing Trading Fraud: FBR given ample powers to exempt any transaction

Missing Trading Fraud: FBR given ample powers to exempt any transaction

The Federal Board of Revenue (FBR) has been given ample powers, through Finance Act, 2007, to exempt any transaction from the provisions of ''Missing Trading Fraud'' under which all partners in the supply chain would be jointly liable to deposit the unpai
Published 11 Jul, 2007 12:00am
Pakistan a sovereign country with sovereign government: US

Pakistan a sovereign country with sovereign government: US

Acknowledging Pakistan's important role in the fight against terrorism, the United States on Monday underscored that Pakistan is a sovereign country, responsible for law and order, within its borders.
Published 11 Jul, 2007 12:00am
Muslim Brotherhood slams Lal Masjid raid

Muslim Brotherhood slams Lal Masjid raid

Jordan's Muslim Brotherhood on Tuesday condemned the army's dawn raid on Lal Masjid in Islamabad, describing the assault as dangerous and unprecedented. "The movement condemns the killings and violation of the mosque's sanctity," Salem Falahat, leader of
Published 11 Jul, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am
Muslim Brotherhood slams Lal Masjid raid

Muslim Brotherhood slams Lal Masjid raid

Jordan's Muslim Brotherhood on Tuesday condemned the army's dawn raid on Lal Masjid in Islamabad, describing the assault as dangerous and unprecedented. "The movement condemns the killings and violation of the mosque's sanctity," Salem Falahat, leader of
Published 11 Jul, 2007 12:00am
Orix Bank approves 200 percent Rights Issue

Orix Bank approves 200 percent Rights Issue

The Board of Orix Investment Bank in its meeting held on Tuesday approved a 200 percent Rights Issue (two shares for everyone share held) at par which will increase its paid up capital to Rs 1089 million making OIBP one of the largest capitalised investme
Published 11 Jul, 2007 12:00am
Orix Bank approves 200 percent Rights Issue

Orix Bank approves 200 percent Rights Issue

The Board of Orix Investment Bank in its meeting held on Tuesday approved a 200 percent Rights Issue (two shares for everyone share held) at par which will increase its paid up capital to Rs 1089 million making OIBP one of the largest capitalised investme
Published 11 Jul, 2007 12:00am
Strauss Kahn seeks support for IMF bid

Strauss Kahn seeks support for IMF bid

Former French Finance Minister Dominique Strauss-Kahn said on Tuesday he would seek broad backing for his bid to become head of the International Monetary Fund after securing the support of EU finance ministers.
Published 11 Jul, 2007 12:00am
Indexes slide on housing weakness worries

Indexes slide on housing weakness worries

US stocks dropped on Tuesday as trouble in the subprime mortgage market fuelled selling of financial sector shares and the housing slump took a toll on companies' outlooks. The market extended losses in afternoon trading as a speech by Federal Reserve Cha
Published 11 Jul, 2007 12:00am
Crossover sell-off deepens as subprime fears rise

Crossover sell-off deepens as subprime fears rise

European credit spreads rose sharply on Tuesday, in some of the worst market turmoil since Ford and General Motors were cut to "junk" in May 2005, on fears that troubles in the US housing market have further to unwind.
Published 11 Jul, 2007 12:00am
Crossover sell-off deepens as subprime fears rise

Crossover sell-off deepens as subprime fears rise

European credit spreads rose sharply on Tuesday, in some of the worst market turmoil since Ford and General Motors were cut to "junk" in May 2005, on fears that troubles in the US housing market have further to unwind.
Published 11 Jul, 2007 12:00am
Indian rupee edges towards nine-year peak

Indian rupee edges towards nine-year peak

The Indian rupee edged towards a nine-year peak on Tuesday, driven up by moderate investment flows, but the gains were limited by central bank intervention and dollar purchases by an oil importer, dealers said.
Published 11 Jul, 2007 12:00am
Dollar falls to record low

Dollar falls to record low

The dollar fell to a record low against the euro and a 26-year low against sterling on Tuesday as investors feared that the deteriorating US subprime mortgage market could eventually slow the economy.
Published 11 Jul, 2007 12:00am
Sterling marks eighth day above $2

Sterling marks eighth day above $2

Sterling held above $2 for the eighth consecutive trading day on Tuesday, supported by a survey showing accelerating British retail sales growth which backed expectations for further interest rate hikes. The British Retail Consortium said retail sales gro
Published 11 Jul, 2007 12:00am
Japan and US conduct joint missile shield test

Japan and US conduct joint missile shield test

Japan and the United States have carried out the latest in a series of joint missile defence exercises, the US Navy said, in face of strong Chinese opposition to creation of a regional missile shield. The two sides succeeded in quickly passing on crucial
Published 11 Jul, 2007 12:00am
Volcano active: over 8,000 flee sites

Volcano active: over 8,000 flee sites

Some 8,500 people have fled the slopes of an Indonesian volcano after it spewed ash, smoke and debris, officials said Tuesday, as the volcanology office raised its warning to the highest level.
Published 11 Jul, 2007 12:00am
Arab League envoys to visit Israel on July 25

Arab League envoys to visit Israel on July 25

The foreign ministers of Egypt and Jordan will make their first visit to Israel on behalf of the Arab League on July 25, reviving long-delayed talks on an Arab peace initiative, Israeli officials said on Tuesday.
Published 11 Jul, 2007 12:00am
Democrats call for withdrawal from Iraq

Democrats call for withdrawal from Iraq

Anti-war Democrats on Tuesday called for a withdrawal of most combat troops from Iraq to begin within four months and completed by the end of next April. In their latest attempt to tie President George W. Bush's hands on the war, Democrats unveiled a new
Published 11 Jul, 2007 12:00am
UK condemns Russian decision on spy murder suspect

UK condemns Russian decision on spy murder suspect

Britain condemned Russia's refusal to extradite the main suspect in the murder of emigre Alexander Litvinenko as "unacceptable" on Tuesday and said it was reviewing cooperation with Moscow.
Published 11 Jul, 2007 12:00am
Al Qaeda threatens response to Rushdie knighthood

Al Qaeda threatens response to Rushdie knighthood

Al Qaeda second-in-command Ayman al-Zawahiri said on Tuesday the group is preparing a "precise response" to Britain's decision to bestow a knighthood on author Salman Rushdie.
Published 11 Jul, 2007 12:00am
'Iran producing its own nuclear centrifuges'

'Iran producing its own nuclear centrifuges'

Iran is producing centrifuges for refining uranium domestically, a senior adviser to the country's supreme leader said on Tuesday, limiting the impact of United Nations sanctions on its contested nuclear programme.
Published 11 Jul, 2007 12:00am
Hamas to boycott parliament session called by Abbas

Hamas to boycott parliament session called by Abbas

Hamas said it would boycott a Palestinian parliament session called by president Mahmud Abbas for Wednesday (today), a tactical move that could consolidate the leader's power over the sidelined chamber. "We will boycott this session that we consider illeg
Published 11 Jul, 2007 12:00am
IAEA to test Iran's atom transparency pledge

IAEA to test Iran's atom transparency pledge

The UN atomic watchdog's No 2 official goes to Iran on Wednesday to test Tehran's latest promise to answer questions about its nuclear agenda under the threat of stiffer sanctions.
Published 11 Jul, 2007 12:00am
Middle East Quartet to meet with Blair

Middle East Quartet to meet with Blair

Representatives of the Middle East Quartet were to meet with the grouping's new envoy Tony Blair for the first time Tuesday, officials said. The Quartet the United States, the United Nations, the European Union and Russia is finalising the aims and other
Published 11 Jul, 2007 12:00am
Bush writes to Gaddafi, backs US-Libya ties

Bush writes to Gaddafi, backs US-Libya ties

US President George W. Bush has written Libyan leader Muammar Gaddafi saying Washington wants to strengthen ties with Libya, Libyan news agency Jana reported. The news agency said Bush's homeland security adviser, Frances Townsend, handed Gaddafi the lett
Published 11 Jul, 2007 12:00am
Olmert offers talks with Assad

Olmert offers talks with Assad

Israeli Prime Minister Ehud Olmert urged Syrian President Bashar al-Assad to begin direct peace negotiations between the two countries, and advised him not to wait for American mediation. "Bashar al-Assad, you know that I am ready for direct talks with yo
Published 11 Jul, 2007 12:00am
Legal woes pile up for former French Prime Minister

Legal woes pile up for former French Prime Minister

Former Prime Minister Dominique de Villepin said on Tuesday he faced official investigation over allegations he was involved in a plot to smear Nicolas Sarkozy in an apparent bid to wreck his rival's presidential ambitions.
Published 11 Jul, 2007 12:00am
Bomb kills five in Sri Lanka

Bomb kills five in Sri Lanka

A roadside bomb killed five people, including Tamil Tiger insurgents, in an apparent ambush in rebel-held territory in Sri Lanka's far north on Tuesday, Nordic truce monitors said.
Published 11 Jul, 2007 12:00am
Blasts rock Mogadishu market

Blasts rock Mogadishu market

Several explosions ripped through Mogadishu's sprawling Bakara Market on Tuesday, killing two people in a fifth straight day of violence in the area. Somalia's interim government says Bakara, one of the world's biggest open air arms markets, is a strongho
Published 11 Jul, 2007 12:00am
17 die in Afghan suicide blast

17 die in Afghan suicide blast

Seventeen civilians, a dozen of them schoolboys, were killed and 30 others wounded when a suicide bomber blew himself up near a Nato convoy in southern Afghanistan Tuesday, officials said. Nato's International Security Assistance Force said eight of its s
Published 11 Jul, 2007 12:00am
Police under fire over failed London attacks

Police under fire over failed London attacks

Britain's security forces came under fire for missing chances to stop botched suicide bombings in London two years ago, after a court convicted four men but failed Tuesday to reach verdicts for two others.
Published 11 Jul, 2007 12:00am
'No apology for the past'

'No apology for the past'

French President Nicolas Sarkozy, due to start a one-day visit to Algeria on Tuesday, defended his refusal to apologise for colonial misdeeds saying leaders should focus on the future and not "beat their breasts".
Published 11 Jul, 2007 12:00am
24 Indian cops perish in Maoist fighting

24 Indian cops perish in Maoist fighting

Twenty-four Indian policemen who had gone missing after a fierce gunbattle with Maoist insurgents in the jungles of central India were found dead on Tuesday, a top officer said.
Published 11 Jul, 2007 12:00am
Bangladesh gripped by first day blues

Bangladesh gripped by first day blues

Bangladesh are hounded by their repeated first innings failures as Sri Lanka seek a 3-0 sweep when the final Test starts here on Wednesday. The hosts, who won the previous two Tests by innings margins and plenty of time to spare, are firm favourites to se
Published 11 Jul, 2007 12:00am
Tennis dads go to hell and back

Tennis dads go to hell and back

Where once there were lawsuits and restraining orders, now there are tearful tributes and emotional reconciliations. There can never have been a better time to be a tennis dad. Just ask Dr Walter Bartoli and Richard Williams who provided a touching side-s
Published 11 Jul, 2007 12:00am
Chelsea confirm Malouda signing

Chelsea confirm Malouda signing

Chelsea confirmed on Tuesday the transfer of France international Florent Malouda from Lyon on a four-year contract. The winger switches to Stamford Bridge for an undisclosed fee although press reports had put the fee at upwards of 13 million pounds (20 m
Published 11 Jul, 2007 12:00am
China break Asian Cup curse

China break Asian Cup curse

China broke the curse of the Asian Cup in emphatic style on Tuesday when they thrashed lowly Malaysia 5-1 to become the first favoured team to win so far in the competition. Han Peng and Wang Dong both grabbed doubles and Shao Jiayi was also on target as
Published 11 Jul, 2007 12:00am
PFF imposes 10-year ban on Punjab Minister

PFF imposes 10-year ban on Punjab Minister

Pakistan Football Federation (PFF) while imposing 10-year ban on former PFF Secretary General Muhammad Arshad Khan Lodhi has restrained him from holding any office of Football Association/Federation or taking part in any football activity.
Published 11 Jul, 2007 12:00am
McEwen survives

McEwen survives

Robbie McEwen lives only 50km from Ghent - but a Quick Step team conspiracy, and a mass pile-up, ended his bid to extend his impressive run of stage wins here on the Tour de France Monday.
Published 11 Jul, 2007 12:00am
Australian dollar dips from 18-year high

Australian dollar dips from 18-year high

The Australian dollar dipped on modest profit taking ahead of domestic economic data on Tuesday, after rising to an 18-year high of $0.8615 offshore on firmer commodity prices and expectations of higher interest rates here.
Published 11 Jul, 2007 12:00am
Asian currencies mostly stronger

Asian currencies mostly stronger

Asian currencies rose on Tuesday as the dollar remained under pressure on the view that the Fed will not rush to raise interest rates, with the Thai baht hitting a 10-year high despite suspected official intervention.
Published 11 Jul, 2007 12:00am
Dollar ends flat in New York

Dollar ends flat in New York

The dollar was mostly flat on Monday in a quiet session but expectations that the Federal Reserve will keep interest rates unchanged this year while other central banks tighten monetary policy kept sentiment negative.
Published 11 Jul, 2007 12:00am
Dollar gains versus euro

Dollar gains versus euro

The dollar inched up against the euro on Tuesday but remained under pressure on the view that the Federal Reserve will leave interest rates steady for some time, while other central banks are seen raising rates further.
Published 11 Jul, 2007 12:00am
Hong Kong dollar higher

Hong Kong dollar higher

The Hong Kong dollar edged higher on Tuesday, while interbank rates were steady to softer amid an improvement in liquidity. The currency was trading at 7.8160/62 against the US dollar at 0350 GMT, firmer than 7.8167/70 in late Monday trade in Asia.
Published 11 Jul, 2007 12:00am
Yuan hits post-reval high

Yuan hits post-reval high

China's yuan rebounded against the dollar and closed at a post-revaluation peak on Tuesday after retreating for four straight trading sessions, guided by the central bank setting a record-high mid-point. The yuan closed at 7.5810, its highest level agains
Published 11 Jul, 2007 12:00am
Bangladesh interbank forex

Bangladesh interbank forex

Interbank buy/sell rates for the taka against the dollar on Tuesday. 68.64/68.65 (previous 68.65/68.70).
Published 11 Jul, 2007 12:00am
Indian shares plunge

Indian shares plunge

Indian share prices fell 0.24 percent on Tuesday as investors locked in gains ahead of software exporter Infosys's earnings on Wednesday, dealers said. They said the markets were volatile on bouts of selling in banking and capital goods stocks, which were
Published 11 Jul, 2007 12:00am
Malaysian shares slip

Malaysian shares slip

Malaysian share prices closed 0.53 percent lower on Tuesday, dragged down by power company Tenaga Nasional after the government said gas subsidies may be reduced pending a review, dealers said. The Kuala Lumpur Composite Index gained 4.85 points at 1,378.
Published 11 Jul, 2007 12:00am
Nikkei ends slightly down

Nikkei ends slightly down

Japanese share prices closed slightly lower on Tuesday as investors cashed in some gains a day after the benchmark Nikkei index closed at a seven-year high, dealers said. They said investors also became cautious ahead of a two-day interest rate meeting at
Published 11 Jul, 2007 12:00am
Thai share prices rally

Thai share prices rally

Thai share prices closed 1.69 percent higher on Tuesday, hitting levels not seen since before the 1997 financial crisis, despite worries over central bank intervention to slow the baht's rise, dealers said. They said buying spread across big-cap stocks wi
Published 11 Jul, 2007 12:00am
Taiwan stocks make gains

Taiwan stocks make gains

Taiwan stocks rose 0.16 percent to a 7-year closing high on Tuesday, with tech shares such as Catcher jumping the daily limit on expectations of a sales boost from its planned launch of a cheap competitor to Apple's iPhone. The main TAIEX share index fini
Published 11 Jul, 2007 12:00am
Jakarta shares jump

Jakarta shares jump

Jakarta share prices finished 0.49 percent higher at an all-time high on Tuesday as investors snapped up blue chips, though some profit-taking in the broader market capped the upside, dealers said. The Jakarta Stock Exchange composite index closed up 11.0
Published 11 Jul, 2007 12:00am
US Treasuries rise in relief rally

US Treasuries rise in relief rally

US Treasury debt prices rose on Monday as bargain-hunting investors snapped up benchmark bonds following their worst week of losses in more than a year. The gains were limited by the series of robust economic reports that culminated in Friday's strong job
Published 11 Jul, 2007 12:00am
US Treasuries rise in relief rally

US Treasuries rise in relief rally

US Treasury debt prices rose on Monday as bargain-hunting investors snapped up benchmark bonds following their worst week of losses in more than a year. The gains were limited by the series of robust economic reports that culminated in Friday's strong job
Published 11 Jul, 2007 12:00am
US stocks up on earnings forecasts

US stocks up on earnings forecasts

US stocks rose on Monday on growing optimism about second-quarter earnings and plans by Johnson & Johnson and ConocoPhillips to buy back their own shares. J&J gained 1 percent after the health-care company announced plans for a $10 billion share buyback.
Published 11 Jul, 2007 12:00am
Chinese banks lift Hong Kong shares to record

Chinese banks lift Hong Kong shares to record

Hong Kong stocks hit their sixth straight record on Tuesday, with China plays jumping 1.5 percent as mainland lenders surged on bullish earnings guidance from ICBC and China Merchants Bank. Blue chips rose 0.3 percent as Chinese lenders cushioned the prof
Published 11 Jul, 2007 12:00am
Singapore shares drop

Singapore shares drop

Singapore share prices closed 0.18 percent lower on Tuesday on profit-taking after surging to a new intraday peak on the economy's strong performance in the second quarter, dealers said. The benchmark Straits Times Index fell 6.40 points to 3,620.32 after
Published 11 Jul, 2007 12:00am
Philippines shares sag

Philippines shares sag

Philippines share prices closed 0.62 percent lower on Tuesday, with investors unloading blue chips for the third-straight session, dealers said. They said geothermal power producer PNOC Energy Development Corp was in demand, attracting interest following
Published 11 Jul, 2007 12:00am
New Zealand shares flat

New Zealand shares flat

New Zealand share prices closed little changed on Tuesday despite gains by leading stocks Telecom and Fletcher Building, dealers said. The benchmark NZX-50 index was down 1.80 points or 0.04 percent at 4,236.85 on turnover worth 154.06 million dollars (11
Published 11 Jul, 2007 12:00am
Omani develops date palm alternative to petrol

Omani develops date palm alternative to petrol

An Omani entrepreneur is promoting a biofuel for cars using extracts from date palms to cut the use of petrol in the oil-rich Gulf region, a newspaper reported on Tuesday. More than 30 cars in Oman are already powered by the palm-based biofuel developed b
Published 11 Jul, 2007 12:00am
NYSE Euronext probes ABN Amro sharetrading: ABN

NYSE Euronext probes ABN Amro sharetrading: ABN

Transatlantic stock market operator NYSE Euronext has begun an investigation into the trading in shares in Dutch bank ABN Amro that surrounded an announcement that ABN was a take-over target of British bank Barclays, ABN said Tuesday.
Published 11 Jul, 2007 12:00am
NYSE Euronext probes ABN Amro sharetrading: ABN

NYSE Euronext probes ABN Amro sharetrading: ABN

Transatlantic stock market operator NYSE Euronext has begun an investigation into the trading in shares in Dutch bank ABN Amro that surrounded an announcement that ABN was a take-over target of British bank Barclays, ABN said Tuesday.
Published 11 Jul, 2007 12:00am
Bangladeshi government sticks with anti-corruption effort

Bangladeshi government sticks with anti-corruption effort

Bangladesh's army-backed interim government completed six months in power on Tuesday, vowing to maintain anti-corruption efforts and plans for an election late next year despite criticism from politicians and rights groups.
Published 11 Jul, 2007 12:00am
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