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Print - 2007-07-23
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 16 to 21, 2007).

Published 23 Jul, 2007 12:00am
The Weather

The Weather

The weather report on Sunday (July 22, 2007) and the forecast for Monday (July 23, 2007).
Published 23 Jul, 2007 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (July 22, 2007).
Published 23 Jul, 2007 12:00am
Labourers working at Lawari tunnel end strike

Labourers working at Lawari tunnel end strike

Labours working at Lawari rail tunnel project, the mega project of the country, have ended their strike after the assurance of public representatives of the area.
Published 23 Jul, 2007 12:00am
DCO orders stoppage of sand lifting along dyke

DCO orders stoppage of sand lifting along dyke

The DCO Hyderabad Aftab Ahmed Khatri has took serious notice of sand lifting from inside Guddu Flood Protection Bund and directed the officers concerned to get this illegal practice stopped and encroachments along with dyke removed so that its required st
Published 23 Jul, 2007 12:00am
'Government failed to provide relief to flood victims'

'Government failed to provide relief to flood victims'

Abrar Qazi, convenor Sindh Democratic Forum (SDF), Syed Qamaruzzaman Shah, Chairman Sindh Chamber of Agriculture, Abdul Majeed Nizamani president Sindh Abadgar Board jointly condemned the federal and provincial governments of criminally underestimating th
Published 23 Jul, 2007 12:00am
18,700 watercourses to be lined by June next

18,700 watercourses to be lined by June next

A total of 18,700 watercourses will be bricklined across the country during the current financial year. More attention is being paid to NWFP and Balochistan where 7,100 watercourses are to be bricklined. In Punjab, 5,000 and in Sindh 6,000 watercourses wi
Published 23 Jul, 2007 12:00am
Minorities welcome Supreme Court's verdict

Minorities welcome Supreme Court's verdict

The religious minorities of Pakistan warmly welcome the verdict of Supreme Court to reinstate Chief Justice Iftikhar Mohammad Chaudhry and quash the Presidential reference.
Published 23 Jul, 2007 12:00am
'Two colleges to be set up in cantonment area'

'Two colleges to be set up in cantonment area'

Provincial Minister for Law and local government Muhammad Basharat Raja has said that two colleges are being established in Dhoke Syedan in cantonment area, saying 20 kanal land for this purpose has been acquired.
Published 23 Jul, 2007 12:00am
PPP lauds EU resolutions calling for free and fair polls

PPP lauds EU resolutions calling for free and fair polls

Pakistan People's Party has welcomed the recent resolution of European Parliament calling for free, fair and democratic elections in Pakistan and warning against the imposition of emergency rule or adoption of other suppressive measures to stifle dissent.
Published 23 Jul, 2007 12:00am
Ginners, sellers in command of cotton market

Ginners, sellers in command of cotton market

Weather has been dry and partly humid in almost all cotton areas during last week facilitating rather accelerating the pace of cotton picking in early sown areas of lower Sindh and central Punjab. It also helped the development of cotton plant.
Published 23 Jul, 2007 12:00am
Ginners, sellers in command of cotton market

Ginners, sellers in command of cotton market

Weather has been dry and partly humid in almost all cotton areas during last week facilitating rather accelerating the pace of cotton picking in early sown areas of lower Sindh and central Punjab. It also helped the development of cotton plant.
Published 23 Jul, 2007 12:00am
Masses warned to beware of fake housing schemes

Masses warned to beware of fake housing schemes

Nazim Potohar Town, Hamid Nawaz Raja has again warned the masses to beware of agents of bogus and fake housing societies with attractive advertisements. Spokesman of the Potohar Town, Qazi Attaur Rehman said the town is taking strict legal action against
Published 23 Jul, 2007 12:00am
Law minister hails Chief Justice's restoration

Law minister hails Chief Justice's restoration

The federal law minister Muhammad Wasi Zafar on Sunday welcomed the restoration of Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry and termed the Supreme Court verdict as historic. Responding a query, he said he is not going to resign as Law
Published 23 Jul, 2007 12:00am
Lucky Saudi squeeze into semi-final

Lucky Saudi squeeze into semi-final

The woodwork and a linesman's flag helped Saudi Arabia beat Uzbekistan 2-1 in the Asian Cup here on Sunday and sneak into the semi-finals. The unlucky former Soviet Republic clattered the frame of the goal five times and had a goal wrongly ruled out for o
Published 23 Jul, 2007 12:00am
Rasmussen tightens Tour lead as Contador takes flight

Rasmussen tightens Tour lead as Contador takes flight

Denmark's Michael Rasmussen reinforced his grip on the Tour de France yellow jersey after finishing second in a drama-filled 14th stage won by Spaniard Alberto Contador on Sunday.
Published 23 Jul, 2007 12:00am
South Korea topple Iran on penalties to reach semi-final

South Korea topple Iran on penalties to reach semi-final

South Korea won a gruelling and fluctuating epic 4-2 on penalties against Iran here Sunday to set up an Asian Cup semi-final with Iraq. The shoot-out became the circuit breaker after both teams had played themselves to a standstill over the regulation 90
Published 23 Jul, 2007 12:00am
NBA players shocked at game-fixing investigation

NBA players shocked at game-fixing investigation

National Basketball Association players were shocked by the revelation that a former senior referee was being investigated by federal authorities for gambling on games that he officiated. The story was broken by the New York Post on Friday and confirmed b
Published 23 Jul, 2007 12:00am
Australia order review into Asian Cup flop

Australia order review into Asian Cup flop

Australia have ordered an urgent review into their failed Asian Cup campaign amid fears their plan to find an easier route to the World Cup could backfire. The Australians ditched Oceania for Asia last year for the promise of stiffer competition and a dir
Published 23 Jul, 2007 12:00am
PFF Youth Soccer Cup: Sahiwal, Peshawar and Karachi move up

PFF Youth Soccer Cup: Sahiwal, Peshawar and Karachi move up

Sahiwal, Peshawar B, Karachi C won their matches in the PFF Youth Soccer Cup 2007. The 26 teams of Youth Football Development Centre (YDFC) are taking part in the ongoing competition in various centres of Pakistan.
Published 23 Jul, 2007 12:00am
Green record helps to turn up heat on Garcia

Green record helps to turn up heat on Garcia

Australian Richard Green bolted through the British Open field to fire a course record-equalling 64 in Sunday's final round, adding to the pressure mounting on leader Sergio Garcia. The 36-year-old from Melbourne suffered his only bogey of the day at the
Published 23 Jul, 2007 12:00am
Nadal picks up sixth win in Stuttgart

Nadal picks up sixth win in Stuttgart

World number two Rafael Nadal won his sixth title of the year on Sunday when he beat unseeded Swiss Stanislas Wawrinka in 6-4, 7-5 in the Stuttgart final.
Published 23 Jul, 2007 12:00am
Flintoff back as batsman for Lancashire reserves

Flintoff back as batsman for Lancashire reserves

England all-rounder Andrew Flintoff will make his latest return from injury by playing in a county reserve match. The England and Wales Cricket Board (ECB) have allowed fast bowler Flintoff to appear as a batsman only in Lancashire's 2nd XI fixture agains
Published 23 Jul, 2007 12:00am
Pietersen hundred puts England on top

Pietersen hundred puts England on top

Kevin Pietersen's first Test hundred against India put England in a strong position on the fourth day here at Lord's and left the tourists needing to rewrite the record books if they were to claim an unlikely victory.
Published 23 Jul, 2007 12:00am
Alonso wins European Grand Prix thriller

Alonso wins European Grand Prix thriller

McLaren's Fernando Alonso won a thrilling and chaotic European Grand Prix on Sunday while championship leading team mate Lewis Hamilton's run of nine podiums in a row came to an end.
Published 23 Jul, 2007 12:00am
Dubai creates world's tallest building

Dubai creates world's tallest building

The booming Gulf emirate of Dubai boasted on Saturday that it has created a "new global landmark," with its Burj Dubai tower becoming the tallest building in the world at 512.1 metres (1,680 feet).
Published 23 Jul, 2007 12:00am
India offers to reduce trade gap with Bangladesh

India offers to reduce trade gap with Bangladesh

An Indian minister assured Bangladesh on Sunday his government was ready to remove some barriers to imports from Bangladesh to reduce a yawning trade gap but asked for Bangladesh to make changes in return.
Published 23 Jul, 2007 12:00am
Abu Dhabi invites bids to build power plant

Abu Dhabi invites bids to build power plant

Abu Dhabi has invited offers from at least 20 international firms to build a water desalination and power plant, an official said on Sunday. "We have just launched the competitive process to select a developer for the Shuweihat S2 (project).
Published 23 Jul, 2007 12:00am
Canada and China firms win five Algerian permits to mine

Canada and China firms win five Algerian permits to mine

Algeria awarded exploration licences for five potential mining sites to Chinese and Canadian firms on Sunday as it seeks to draw foreign investment into its non-energy sector, the official APS news agency said.
Published 23 Jul, 2007 12:00am
British insurers head for eight billion pound merger

British insurers head for eight billion pound merger

Resolution and Friends Provident, two of Britain's biggest life insurers, are heading for a merger worth 8.3 billion pounds (12.3 billion euros, 17.07 billion dollars), a newspaper said Sunday.
Published 23 Jul, 2007 12:00am
Moneysupermarket settles with rival in data row

Moneysupermarket settles with rival in data row

Finance and travel price comparison Web site Moneysupermarket.com has paid a competitor almost 4 million pounds to settle a dispute over intellectual property, sources familiar with the situation told Reuters.
Published 23 Jul, 2007 12:00am
Despite outcry, Americans can't live without China goods

Despite outcry, Americans can't live without China goods

Even as protests grow about US imports from China, many Americans may find it hard to manage without the range of products that dominate or in some cases monopolise the marketplace. Safety concerns over Chinese-made goods prompted further comments in Cong
Published 23 Jul, 2007 12:00am
Merkel urges train drivers not to strike

Merkel urges train drivers not to strike

The head of Germany's national rail operator and Chancellor Angela Merkel urged train drivers not to strike during the summer vacation period as union leaders have threatened to do.
Published 23 Jul, 2007 12:00am
Bangladesh wants to revive its ailing jute sector

Bangladesh wants to revive its ailing jute sector

Bangladesh plans to set up an independent commission to identify problems in the country's ailing jute sector and suggest ways to restore its fortunes, a senior government official said on Sunday. Jute, known as a "golden fibre", derived from reed-like pl
Published 23 Jul, 2007 12:00am
Brain cancer therapy impairs kid's learning ability

Brain cancer therapy impairs kid's learning ability

Children who have undergone radiation treatment for brain cancer tend to have lower grades in school than their healthy peers, investigators in Finland have found. Still, most survivors in their study group completed the ninth grade at the appropriate age
Published 23 Jul, 2007 12:00am
'Small steps key to saving giant turtles'

'Small steps key to saving giant turtles'

Small and inexpensive steps could go a long way towards rescuing the Western Pacific's dwindling population of giant sea turtles, an expert has said. Specialist Peter Dutton urged authorities to do more to preserve the state of leatherback turtles' nestin
Published 23 Jul, 2007 12:00am
Sharks face increased threat due to fin soup

Sharks face increased threat due to fin soup

Sharks could face extinction within a generation from overfishing for their fins, a conservation group said on Wednesday, calling on the Chinese government to lead the way in their protection.
Published 23 Jul, 2007 12:00am
Vegetables and fruits may prevent Alzheimer's disease

Vegetables and fruits may prevent Alzheimer's disease

If you want to remain healthy, eat more fruit and vegetables and less red meat. But scientists now say such a diet also may help prevent Alzheimer`s disease. In reality, scale data signify the risk factors for heart disease - high blood pressure, diabetes
Published 23 Jul, 2007 12:00am
Gold mining in volcanic Russian wilds

Gold mining in volcanic Russian wilds

Gold miners on Russia's Kamchatka peninsula contend with volcanic eruptions, floods and poor infrastructure, but high metal prices mean the hard work pays off. Unearthing the precious metal could also ease economic hardship in a remote region no longer pr
Published 23 Jul, 2007 12:00am
Three gene variants may hold key for HIV vaccine

Three gene variants may hold key for HIV vaccine

Three gene variants in the DNA of 486 AIDS patients appear to play a role in containing and slowing the HIV virus, according to research published Thursday. The researchers hope their finding will lead to a vaccine that would boost the protective effects
Published 23 Jul, 2007 12:00am
Food safety a big problem world-wide: WHO officials

Food safety a big problem world-wide: WHO officials

China should not be singled out for particular concern over food safety, a big problem that rich and poor countries alike must tackle through better regulation, top World Health Organisation (WHO) officials said on Tuesday.
Published 23 Jul, 2007 12:00am
HEALTH UPDATE: calcium and vitamin D may lower diabetes risk

HEALTH UPDATE: calcium and vitamin D may lower diabetes risk

Calcium and vitamin D, whether from food or supplements, may help lower the risk of developing type 2 diabetes, according to a research review. A number of studies have found links between type 2 diabetes risk and calcium, vitamin D and dairy food intake.
Published 23 Jul, 2007 12:00am
HEALTH UPDATE: scientists find asthma-obesity hormone link

HEALTH UPDATE: scientists find asthma-obesity hormone link

British scientists have found a link which could explain why obese people are up to twice as likely to have asthma. The possible answer is not simply that people with asthma have more trouble exercising, according to the researchers.
Published 23 Jul, 2007 12:00am
HEALTH UPDATE: meditation not to ease health problems

HEALTH UPDATE: meditation not to ease health problems

There's no evidence that meditation eases health problems, according to Canadian researchers. "There is an enormous amount of interest in using meditation as a form of therapy to cope with a variety of modern-day health problems, especially hypertension,
Published 23 Jul, 2007 12:00am
HEALTH UPDATE: no lasting taste change after tonsillectomy

HEALTH UPDATE: no lasting taste change after tonsillectomy

New research suggests that persistent alterations in taste seldom occur after surgery to remove the tonsils, or tonsillectomy. A few case reports have suggested that taste disturbances can occur after the procedure, possibly due to nerve damage, but few s
Published 23 Jul, 2007 12:00am
HEALTH UPDATE: men have better recovery rate after knee surgery

HEALTH UPDATE: men have better recovery rate after knee surgery

In the first year after "keyhole" surgery to remove a portion of a damaged meniscus, cartilage tissue that provides structural integrity to the knee, women have poorer rate of recovery than men do in terms of knee pain and knee function, investigators rep
Published 23 Jul, 2007 12:00am
Multi-core processors

Multi-core processors

Computer speed used to be determined by actual speed - the speed at which its processor rotated. But more and more, speed has become a function of capacity as manufacturers shove more central processing units or cores into their processors to boost power
Published 23 Jul, 2007 12:00am
Google trims lifespan of user tracking software

Google trims lifespan of user tracking software

Google announced on July 16 that it is shortening the lives of software "cookies" used to track users' online preferences. In coming months Google will begin issuing cookies that automatically expire two years after a person visits the website provided th
Published 23 Jul, 2007 12:00am
Google offers search site for businesses

Google offers search site for businesses

Google is offering small business Web sites - a service that lets visitors search for information within their sites. The new service marks a middle option between Google's existing Custom Search Engine, a free, ad-supported service, and Google Appliance,
Published 23 Jul, 2007 12:00am
Virtual networking overtakes real socialising

Virtual networking overtakes real socialising

Hardcore broadband users in Britain spend more time on virtual networking than they do on real life socialising, a survey revealed on July 20. Some six percent of the 10,500 broadband users questioned in the survey, admitted spending on average more than
Published 23 Jul, 2007 12:00am
Logitech introduces air mouse

Logitech introduces air mouse

Logitech has introduced the MX air rechargeable mouse, which not only be used as a laser-based desktop mouse but also features hand-based gesture support that allows end-users to control their PC based media in a manner similar to TV remote controls.
Published 23 Jul, 2007 12:00am
Oracle launches R&D network

Oracle launches R&D network

Oracle announced on Thursday that it had formed a single research and development (R&D) network by linking its 18 development and solution centres in Asia Pacific and Japan to build, test, and showcase leading-edge technology innovations across the region
Published 23 Jul, 2007 12:00am
Technology proves valuable in deadly Japan quake

Technology proves valuable in deadly Japan quake

Telephone connections are always among the most vulnerable lifelines in a natural disaster, but technology has turned into a crucial asset in Japan's latest earthquake.
Published 23 Jul, 2007 12:00am
Intel unveils classmate PC

Intel unveils classmate PC

The Classmate PC was unveiled by the Intel here on July 18. The PC is a small, mobile-learning device that has been specially developed for students in the emerging market, said Naila Kassim at a briefing held at a local hotel.
Published 23 Jul, 2007 12:00am
Technologies making difficult to block negative news

Technologies making difficult to block negative news

The Internet, mobile phones and other new technologies are making it harder for China's communist rulers to block negative news, a top government official said in comments published on July 16.
Published 23 Jul, 2007 12:00am
US offers $968 million for disaster Technology

US offers $968 million for disaster Technology

The US government is offering 968 million dollars in grants to help state and local public safety agencies buy sophisticated radios and technology for communications during disasters, the Commerce Department said on July 18.
Published 23 Jul, 2007 12:00am
EU closes case against telecom companies

EU closes case against telecom companies

The European Commission said on July 18 it had closed its antitrust case against Vodafone in Britain and Germany, as well as O2 and T-Mobile in Germany related to wholesale roaming charges.
Published 23 Jul, 2007 12:00am
SingTel launches pay TV service

SingTel launches pay TV service

Singapore Telecommunications (SingTel) on July 20 announced its entry into the pay television market, offering an Internet protocol-based service to challenge the monopoly of rival StarHub. Called "mio TV," the service will allow customers full flexibilit
Published 23 Jul, 2007 12:00am
Samsung launches SGH-L760 phone

Samsung launches SGH-L760 phone

Samsung Electronics Co Ltd, a provider of telecommunication network systems and handsets, has introduced SGH-L760, a new 3G mobile phone, which offers essential features for today's mobile users.
Published 23 Jul, 2007 12:00am
UK plans faster mobile phone number portability

UK plans faster mobile phone number portability

British consumers will be able to transfer their mobile telephone number to an alternative supplier within two hours under new plans being proposed by telecoms regulator Ofcom. Currently mobile users have to wait up to five days to switch their mobile num
Published 23 Jul, 2007 12:00am
Private equity group drums up support for EMI take-over

Private equity group drums up support for EMI take-over

Terra Firma, the private equity group, said on July 20 that it had secured more than a quarter of the shares in British music publisher EMI in the wake of its take-over offer agreed in May.
Published 23 Jul, 2007 12:00am
Private equity group drums up support for EMI take-over

Private equity group drums up support for EMI take-over

Terra Firma, the private equity group, said on July 20 that it had secured more than a quarter of the shares in British music publisher EMI in the wake of its take-over offer agreed in May.
Published 23 Jul, 2007 12:00am
New Airbus head sees plant sales, dollar as key

New Airbus head sees plant sales, dollar as key

The newly appointed head of Airbus says politics will not throw pending plant sales off course but if dollar weakness worsens, its Power8 restructuring plan would need a drastic revamp.
Published 23 Jul, 2007 12:00am
Satyam gets $75 million multi-year deals

Satyam gets $75 million multi-year deals

India's Satyam Computer Services Ltd said on July 17 that it signed four multi-year IT services and outsourcing deals worth $70 million to $75 million. Two of these deals are from the Singapore government, the fourth-ranked Indian software services export
Published 23 Jul, 2007 12:00am
Indonesia eyes retail bond issue in August-September

Indonesia eyes retail bond issue in August-September

Indonesia's finance ministry is planning another retail bond issue between August and September this year, a director at the finance ministry said on July 18. Bhimantara Widyajala, director in charge of debt management at the ministry, said the yield on t
Published 23 Jul, 2007 12:00am
Indonesia eyes retail bond issue in August-September

Indonesia eyes retail bond issue in August-September

Indonesia's finance ministry is planning another retail bond issue between August and September this year, a director at the finance ministry said on July 18. Bhimantara Widyajala, director in charge of debt management at the ministry, said the yield on t
Published 23 Jul, 2007 12:00am
SGS profits rise, mergers and margins dent shares

SGS profits rise, mergers and margins dent shares

SGS, a Swiss company that audits the quality of raw materials, capital and consumer goods, on July 16 reported a 17 percent rise in first-half net profits, but concerns over margins and take-overs hit its shares.
Published 23 Jul, 2007 12:00am
SGS profits rise, mergers and margins dent shares

SGS profits rise, mergers and margins dent shares

SGS, a Swiss company that audits the quality of raw materials, capital and consumer goods, on July 16 reported a 17 percent rise in first-half net profits, but concerns over margins and take-overs hit its shares.
Published 23 Jul, 2007 12:00am
EBRD to boost equity investment in Balkans

EBRD to boost equity investment in Balkans

The European Bank for Reconstruction and Development (EBRD) plans to boost equity investment in the Balkans in a move away from debt finance, the bank's president told Reuters on July 16.
Published 23 Jul, 2007 12:00am
EBRD to boost equity investment in Balkans

EBRD to boost equity investment in Balkans

The European Bank for Reconstruction and Development (EBRD) plans to boost equity investment in the Balkans in a move away from debt finance, the bank's president told Reuters on July 16.
Published 23 Jul, 2007 12:00am
Reliance to invest $3.96 billion in 2007-08: Anil Ambani

Reliance to invest $3.96 billion in 2007-08: Anil Ambani

India's Reliance Communications plans to spend 160 billion rupees ($3.96 billion) on network expansion in 2007/08, and will spin off its business process outsourcing unit, its chairman said on July 17.
Published 23 Jul, 2007 12:00am
Saudi's NCB plans more acquisitions

Saudi's NCB plans more acquisitions

Saudi Arabia's National Commercial Bank, the Gulf's largest lender by assets, said it planned to buy into more banks in the Middle East and North Africa after making its first foreign acquisition in Turkey.
Published 23 Jul, 2007 12:00am
Tight markets spur speculators to fresh oil rush

Tight markets spur speculators to fresh oil rush

Investors are rushing into oil markets again this summer, driving a price rally as supply disruptions and strong demand growth rekindle worries of a worsening global energy crunch.
Published 23 Jul, 2007 12:00am
Thailand shares expected range-bound

Thailand shares expected range-bound

Thai share prices are expected to be range bound amid concern over weaker export growth as the local currency remains at 10-year highs against the dollar, dealers said. "The market will move narrowly as investors are anxious about the strong baht," said C
Published 23 Jul, 2007 12:00am
Taiwan shares to post further gains

Taiwan shares to post further gains

Taiwan share prices are expected to chalk up further gains, with investors optimistic on the outlook for the key electronic sectors as it enters its peak season in the second half of the year, dealers said on Friday.
Published 23 Jul, 2007 12:00am
Indian shares seen reaching new highs

Indian shares seen reaching new highs

Indian share prices are likely to hit new highs next week led by strong first quarter earnings data and liquidity, dealers said. The benchmark 30-share Sensex hit several new record highs this week, led by improving overseas fund flows which stand at 9.6
Published 23 Jul, 2007 12:00am
JGBs climb on election jitters, gains in Treasuries

JGBs climb on election jitters, gains in Treasuries

Japanese government bond (JGB) futures hit a three-week high on Friday as investors covered short positions on worries about the outcome of a coming election and as steadiness in Treasuries spurred buying.
Published 23 Jul, 2007 12:00am
JGBs climb on election jitters, gains in Treasuries

JGBs climb on election jitters, gains in Treasuries

Japanese government bond (JGB) futures hit a three-week high on Friday as investors covered short positions on worries about the outcome of a coming election and as steadiness in Treasuries spurred buying.
Published 23 Jul, 2007 12:00am
Asian currencies rise against dollar

Asian currencies rise against dollar

Asian currencies ended the week mostly up against the dollar as a lack of confidence in the US housing market plagued the greenback and a warning from the Federal Reserve said problems could worsen.
Published 23 Jul, 2007 12:00am
Malaysian shares likely to trade higher

Malaysian shares likely to trade higher

Malaysian share prices are expected to trade higher next week on expectations the government will announce major projects to boost the economy, dealers said Friday. Phua Kwee Hock, technical chartist at SJ Securities, said the impending official announcem
Published 23 Jul, 2007 12:00am
Hong Kong shares may move upward after correction

Hong Kong shares may move upward after correction

Hong Kong shares are expected to pick up further after an early consolidation next week as investors digest another record breaking performance and assess the latest hike in interest rates in China, dealers said Friday.
Published 23 Jul, 2007 12:00am
US shares take hit as mortgage fears resurface

US shares take hit as mortgage fears resurface

The US stock market took a hit over the week to Friday, despite the Dow blue chip index smashing the 14,000 barrier for the first time ever, amid renewed fears about the US mortgage and housing market.
Published 23 Jul, 2007 12:00am
Jakarta shares to keep upward trend

Jakarta shares to keep upward trend

Indonesian share prices are likely to maintain their record-breaking run next week on expectations that the banks will report strong first-half earnings, dealers said. "The index will continue to be bullish next week as the banks will publish strong first
Published 23 Jul, 2007 12:00am
Earnings and elections key for Tokyo stocks

Earnings and elections key for Tokyo stocks

Japanese share prices will likely to take their cut from a slew of domestic company results next week but optimism over upbeat earnings may be tempered by jitters about upcoming elections, dealers said on Friday.
Published 23 Jul, 2007 12:00am
Philippines shares expected to bounce back

Philippines shares expected to bounce back

Philippines share prices are expected to bounce back after bucking a strong regional and Wall Street lead to finish this week with a loss, dealers said on Friday. For the week to July 20, the composite index fell 47.14 points or 1.26 percent to 3,738.28 p
Published 23 Jul, 2007 12:00am
Australian shares poised to continue record rally

Australian shares poised to continue record rally

Australian share prices ended the week at fresh highs and could very likely extend gains into record territory in the week ahead if the market can consolidate Friday's gains, dealers said.
Published 23 Jul, 2007 12:00am
UK equities wait for latest company results

UK equities wait for latest company results

Britain's latest company results season moves into full swing when BP, Royal Dutch Shell, GlaxoSmithKline and Rolls-Royce are among the corporate giants set to update the market. The FTSE 100 finished Friday at 6,585.20 points, down 131.50 points or 1.96
Published 23 Jul, 2007 12:00am
Five Iraqis killed

Five Iraqis killed

Five people were killed when a suicide bomber drove a minivan packed with up to half a tonne of explosives into a house where Sunni tribal leaders opposed to al Qaeda were meeting north of Baghdad on Sunday, police said.
Published 23 Jul, 2007 12:00am
New Iran talks not expecting today: US

New Iran talks not expecting today: US

A US official said a second round of rare talks between Iran and the United States was not expected in Baghdad on Mohe dialogue on Iraqi security was about to resume. Tehran and Washington held a first round of direct talks on Iraq's stability in Baghdad
Published 23 Jul, 2007 12:00am
Japan accepts IAEA inspection after quake troubles

Japan accepts IAEA inspection after quake troubles

The Japanese government will allow inspectors from the United Nations to look into leaks at the world's largest nuclear plant caused by an earthquake this week, Kyodo news agency quoted officials as saying on Sunday.
Published 23 Jul, 2007 12:00am