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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-08-13
BoI fails to arrange QIA-ministry parleys

BoI fails to arrange QIA-ministry parleys

The Board of Investment (BoI) has failed to arrange parleys between the Qatari Investment Authority (QIA) and the Water and Power Ministry for revival of expired memorandum of understanding (MoU) signed for setting up 500 MW Chichoki Mallian Power Project
Published 13 Aug, 2007 12:00am
THE RUPEE: mixed trend on money market

THE RUPEE: mixed trend on money market

The rupee drifted lower against dollar in the currency market during the week ended on August 12, 2007. In the inter bank market, the rupee shed two paisa in relation to dollar for buying and selling at 60.43 and 60.44.
Published 13 Aug, 2007 12:00am
THE RUPEE: mixed trend on money market

THE RUPEE: mixed trend on money market

The rupee drifted lower against dollar in the currency market during the week ended on August 12, 2007. In the inter bank market, the rupee shed two paisa in relation to dollar for buying and selling at 60.43 and 60.44.
Published 13 Aug, 2007 12:00am
APDM to launch decisive movement

APDM to launch decisive movement

The All Parties Democratic Movement (APDM) has decided to launch decisive movement from August 14 against the government to restore genuine democracy in the country. "We are all set to launch a pragmatic and decisive movement across the country to end the
Published 13 Aug, 2007 12:00am
APDM to launch decisive movement

APDM to launch decisive movement

The All Parties Democratic Movement (APDM) has decided to launch decisive movement from August 14 against the government to restore genuine democracy in the country. "We are all set to launch a pragmatic and decisive movement across the country to end the
Published 13 Aug, 2007 12:00am
Taliban release two hostages today

Taliban release two hostages today

Taliban militia holding 21 South Korean aid workers hostage said they will release two women captives on Monday, the governor of Afghanistan's Ghazni province announced late Sunday.
Published 13 Aug, 2007 12:00am
Taliban release two hostages today

Taliban release two hostages today

Taliban militia holding 21 South Korean aid workers hostage said they will release two women captives on Monday, the governor of Afghanistan's Ghazni province announced late Sunday.
Published 13 Aug, 2007 12:00am
Aziz's family changes lawyer

Aziz's family changes lawyer

Relatives of former khateeb Abdul Aziz of Lal Masjid have engaged Shaukat Aziz Siddiqi as new lawyer for pleading the cases filed against Abdul Aziz and his family members.
Published 13 Aug, 2007 12:00am
Aziz's family changes lawyer

Aziz's family changes lawyer

Relatives of former khateeb Abdul Aziz of Lal Masjid have engaged Shaukat Aziz Siddiqi as new lawyer for pleading the cases filed against Abdul Aziz and his family members.
Published 13 Aug, 2007 12:00am
PPP and PML (N) reject Musharraf's call

PPP and PML (N) reject Musharraf's call

Pakistan People's Party (PPP) and Pakistan Muslim League (Nawaz) have rejected President Pervez Musharraf's call not to return home until after the forthcoming general elections, party officials said Sunday.
Published 13 Aug, 2007 12:00am
PPP and PML (N) reject Musharraf's call

PPP and PML (N) reject Musharraf's call

Pakistan People's Party (PPP) and Pakistan Muslim League (Nawaz) have rejected President Pervez Musharraf's call not to return home until after the forthcoming general elections, party officials said Sunday.
Published 13 Aug, 2007 12:00am
Nepal Maoists plan protests to ensure November polls

Nepal Maoists plan protests to ensure November polls

Nepal's former Maoist rebels said on Sunday they would launch a peaceful protest to ensure this year's elections were held on schedule. Elections are due on November 22 for a constituent assembly meant to draw up a new constitution and decide the fate of
Published 13 Aug, 2007 12:00am
US lawmakers, lobbyists brace for new ethics rules

US lawmakers, lobbyists brace for new ethics rules

Tougher ethics rules for US lawmakers mean they can still speak at US Chamber of Commerce breakfasts or other affairs hosted by special interest groups; they just have to watch what they eat.
Published 13 Aug, 2007 12:00am
Power outages hit flour mills

Power outages hit flour mills

Power supply to flour mills in Landhi, Korangi industrial area and other localities in the city was suspended due to heavy rains on Thursday hitting their production. According to AAJ TV channel 50 flourmills of the city are without electricity, fearing t
Published 13 Aug, 2007 12:00am
Power outages hit flour mills

Power outages hit flour mills

Power supply to flour mills in Landhi, Korangi industrial area and other localities in the city was suspended due to heavy rains on Thursday hitting their production. According to AAJ TV channel 50 flourmills of the city are without electricity, fearing t
Published 13 Aug, 2007 12:00am
Power outages hit flour mills

Power outages hit flour mills

Power supply to flour mills in Landhi, Korangi industrial area and other localities in the city was suspended due to heavy rains on Thursday hitting their production. According to AAJ TV channel 50 flourmills of the city are without electricity, fearing t
Published 13 Aug, 2007 12:00am
ISAF fighter jets violate air space

ISAF fighter jets violate air space

Fighter jets of ISAF have violated the air space of Pakistan and reportedly bombarded the area of Kurram Agency. According to AAJ TV channel fighter jets of the ISAF forces deployed in Afghanistan targeted suspected Talban hideouts in Kurram Agency.
Published 13 Aug, 2007 12:00am
ISAF fighter jets violate air space

ISAF fighter jets violate air space

Fighter jets of ISAF have violated the air space of Pakistan and reportedly bombarded the area of Kurram Agency. According to AAJ TV channel fighter jets of the ISAF forces deployed in Afghanistan targeted suspected Talban hideouts in Kurram Agency.
Published 13 Aug, 2007 12:00am
Gunmen kill banned group leader

Gunmen kill banned group leader

Gunmen shot dead a leader of a banned extremist group in Peshawar on Sunday, police said. Muhammad Aslam Farooqi, a provincial leader of Sipah-e-Sahaba, was fired upon by two motorcyclists when he came out of his house at the Kohati Chowk neighbourhood, D
Published 13 Aug, 2007 12:00am
Three cops and proclaimed offender killed in encounter

Three cops and proclaimed offender killed in encounter

Assistant Sub Inspector Amir Hamza and two cops Dost Muhammad and Zia-ur-Rehman were killed in an encounter while an accomplice of proclaimed offender identified as Khurmani was killed when police retaliated.
Published 13 Aug, 2007 12:00am
Musharraf and Karzai for building trust

Musharraf and Karzai for building trust

President General Pervez Musharraf on Sunday said that both Pakistan and Afghanistan need to take effective and concrete measures to remove mistrust and to build on their strengths for prosperity and well being of their two peoples.
Published 13 Aug, 2007 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 06 to 11, 2007).

Published 13 Aug, 2007 12:00am
The Weather

The Weather

The weather report on Sunday (August 12, 2007) and the forecast for Monday (August 13, 2007).
Published 13 Aug, 2007 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (August 12, 2007).
Published 13 Aug, 2007 12:00am
Laser printers may cause harm by emitting concentrations

Laser printers may cause harm by emitting concentrations

An Australian research team has found that laser printers give off invisible particles as they operate, with the worst culprit emitting concentrations similar to those of second-hand tobacco smoke.
Published 13 Aug, 2007 12:00am
Allergies not linked to asthma in urban adults

Allergies not linked to asthma in urban adults

Asthmatic adults living in inner-city areas are often allergic to many triggers, such as dust mites or pets, but this sensitisation does not appear to increase the severity of their asthma. "We were expecting that sensitisation would be related to worse a
Published 13 Aug, 2007 12:00am
Eating fish good for heart, bad for environment?

Eating fish good for heart, bad for environment?

Doctors recommend a good dose of salmon or tuna in the diet because of its benefits to the heart. But is it good for the environment? Surging demand for salmon in particular has been spurred in part by numerous studies touting the health benefits of omega
Published 13 Aug, 2007 12:00am
Polio on decrease in Pakistan

Polio on decrease in Pakistan

Representative Medical Officer World Health Organisation for Sindh Dr Yehia Mostafa said that the cases of polio have considerably decreased in Pakistan with the continued efforts of WHO.
Published 13 Aug, 2007 12:00am
Iodine deficiency affecting children in NWFP

Iodine deficiency affecting children in NWFP

Iodine deficiency is a major health problem in Pakistan. According to the Islamabad-based Network for Consumer Protection, around 50 million people across the country suffer from it.
Published 13 Aug, 2007 12:00am
Aviation, fastest growing contributor to global warming

Aviation, fastest growing contributor to global warming

With aviation sector experiencing a phenomenal growth rate especially in Asia-Pacific region and more importantly in India and China, environmentalists say the industry is becoming fastest growing contributor to global warming. Airline manufactures howeve
Published 13 Aug, 2007 12:00am
HEALTH UPDATE: obesity before pregnancy ups risk of birth defects

HEALTH UPDATE: obesity before pregnancy ups risk of birth defects

There's an increased risk of birth defects among babies born to women who are obese before becoming pregnant, according to a new study. To look into this issue, Dr D. Kim Waller and colleagues used information from the ongoing National Birth Defects Preve
Published 13 Aug, 2007 12:00am
HEALTH UPDATE: diabetes problems 'vitamin link'

HEALTH UPDATE: diabetes problems 'vitamin link'

A simple vitamin deficiency may be the cause of many of the side effects oof diabetes, a study suggests Researchers found people with the disease expelled thiamine vitamin B1 from their bodies at 15 times the normal rate in a study of 94 people, channel r
Published 13 Aug, 2007 12:00am
HEALTH UPDATE: aerobic exercises may help memory loss in old age

HEALTH UPDATE: aerobic exercises may help memory loss in old age

Applying half an hour to aerobic exercises several times a week may help prevent memory loss in old age. A study of mice they have conducted suggests that keeping the brain healthy and active reduce the chances of memory decline in old age.
Published 13 Aug, 2007 12:00am
HEALTH UPDATE: milk outshines soya at building muscle mass

HEALTH UPDATE: milk outshines soya at building muscle mass

Milk protein has shown to be significantly better than soya protein at building muscle mass. Milk not only helps in building bones, but also helps in gaining muscle. Weightlifters have long turned to protein supplements such as whey to help them build mus
Published 13 Aug, 2007 12:00am
HEALTH UPDATE: grilled meats may increase cancer risk

HEALTH UPDATE: grilled meats may increase cancer risk

All those who live on grilled meats have an increased risk of developing cancer, experts have said. Grilling is a low-fat method of cooking. But we have to be aware that it can increase our risk of cancer if we eat grilled meats too often, radio reported.
Published 13 Aug, 2007 12:00am
China to introduce law on personal data protection

China to introduce law on personal data protection

China is planning to introduce its first law on protecting personal data, amid rising anger at how easily people's private details are falling into the hands of advertisers, state media reported on Monday.
Published 13 Aug, 2007 12:00am
Giant 'pump-and-dump' spam scam warned

Giant 'pump-and-dump' spam scam warned

Spammers have unleashed one of the biggest online stock manipulation campaigns in history in the last 24 hours, increasing global spam levels by 30 percent, a leading IT security company claimed on Wednesday.
Published 13 Aug, 2007 12:00am
Thailand to launch environment satellite in November

Thailand to launch environment satellite in November

Thailand plans to launch its first environmental satellite in November to help officials survey natural resources, cope with disasters and even fight drug trafficking, an official said on last Monday.
Published 13 Aug, 2007 12:00am
Communication system vital for agriculture growth

Communication system vital for agriculture growth

Robust communication system is vital to transfer research and experimental findings to both large and small-scale growers of far-flung areas. This was stated by Chairman Pakistan Agriculture Research Council (Parc) Dr M. E. Tasneem while talking to APP on
Published 13 Aug, 2007 12:00am
EU mulls e-screening for visa-free travellers

EU mulls e-screening for visa-free travellers

The EU is considering introducing an electronic travel authorisation system, similar to one approved in the United States, to monitor visitors arriving without a visa, a spokesman said on Tuesday.
Published 13 Aug, 2007 12:00am
Nadra develops E-Toll system for NHA

Nadra develops E-Toll system for NHA

National Database and Registration Authority (Nadra) has developed an Electronic Toll system, a software project for National Highway Authority (NHA) and Motorway Police to install efficient and transparent system toll collecting system on Motorway.
Published 13 Aug, 2007 12:00am
WiMax service to be launched countrywide next month

WiMax service to be launched countrywide next month

WiMax service, a high-speed wireless telephone and internet facility, will be launched nation-wide next month for the first time in the country, Pakistan Telecommunication Authority (PTA) Chairman Shahzada Alam Malik said on Thursday.
Published 13 Aug, 2007 12:00am
Online 'doing business map'

Online 'doing business map'

The World Bank Group has created the "Doing Business Map," a visual learning tool to complement the doing business database, which provides objective measures of business regulations and their enforcement across 175 economies.
Published 13 Aug, 2007 12:00am
Digital home wireless technology

Digital home wireless technology

Ultra-wideband (UWB) could connect multiple devices wirelessly. A wireless technology, which could hasten the arrival of the connected digital home, has been given the green light by media regulator Ofcom. Ultra-Wideband can be used to connect devices suc
Published 13 Aug, 2007 12:00am
STMicroelectronics strengthens ties to Nokia

STMicroelectronics strengthens ties to Nokia

French-Italian chip maker STMicroelectronics and Nokia, the Finnish leader in mobile phones, said on Wednesday they planned to strengthen their cooperation in integrated circuits and third generation (3G) modems.
Published 13 Aug, 2007 12:00am
Dell eyes PCs running Linux and Windows

Dell eyes PCs running Linux and Windows

Dell Inc is developing PCs for consumers that can run multiple versions of Microsoft Corp's Windows and the Linux operating system at the same time, the personal computer maker's chief technology officer, Kevin Kettler, told Reuters.
Published 13 Aug, 2007 12:00am
In Short: Lenovo to offer Linux on laptops

In Short: Lenovo to offer Linux on laptops

Lenovo, one of the world's biggest PC manufacturers, is to start selling laptops to business and consumers with Linux pre-installed on the machines. Linux is a free, open source operating system developed as an alternative to systems such as Microsoft's W
Published 13 Aug, 2007 12:00am
China Merchants Bank profit rises

China Merchants Bank profit rises

China Merchants Bank, the mainland's sixth largest lender, said first half net profit jumped more than 120 percent, beating expectations. The bank's profit rose to 6.12 billion yuan (808 million dollar), boosted by rising non-interest income and loan grow
Published 13 Aug, 2007 12:00am
China Merchants Bank profit rises

China Merchants Bank profit rises

China Merchants Bank, the mainland's sixth largest lender, said first half net profit jumped more than 120 percent, beating expectations. The bank's profit rose to 6.12 billion yuan (808 million dollar), boosted by rising non-interest income and loan grow
Published 13 Aug, 2007 12:00am
American Red Cross sued over emblem by J&J

American Red Cross sued over emblem by J&J

After more than a century of sharing the same emblem, a red cross on a white field, Johnson & Johnson (J&J) has sued the American Red Cross (ARC) for using its trademark for other than non-profit purposes.
Published 13 Aug, 2007 12:00am
Westpac to spin off its BT fund management arm

Westpac to spin off its BT fund management arm

Australia's Westpac Bank announced plans on August 09 to spin off its fund management arm BT Investment Management. Westpac said it would set up a new company, which will increase BT's growth and bolster its ability to attract and retain a leading investm
Published 13 Aug, 2007 12:00am
Westpac to spin off its BT fund management arm

Westpac to spin off its BT fund management arm

Australia's Westpac Bank announced plans on August 09 to spin off its fund management arm BT Investment Management. Westpac said it would set up a new company, which will increase BT's growth and bolster its ability to attract and retain a leading investm
Published 13 Aug, 2007 12:00am
Toyota group output to top 10 million vehicles in 2008

Toyota group output to top 10 million vehicles in 2008

Toyota Motor Corp expects group output, including two key affiliates, to top 10 million vehicles in 2008 amid increasing demand in North America and emerging markets, a report said on August 07.
Published 13 Aug, 2007 12:00am
Standard Chartered bank's net profit jumps

Standard Chartered bank's net profit jumps

Standard Chartered, the emerging markets bank, said on August 07 that net profit jumped by almost a third during the first half of 2007, helped by strong performances in Asia, Africa and the Middle East. The Britain-based bank said profit after tax grew b
Published 13 Aug, 2007 12:00am
Standard Chartered bank's net profit jumps

Standard Chartered bank's net profit jumps

Standard Chartered, the emerging markets bank, said on August 07 that net profit jumped by almost a third during the first half of 2007, helped by strong performances in Asia, Africa and the Middle East. The Britain-based bank said profit after tax grew b
Published 13 Aug, 2007 12:00am
Volkswagen study shows Proton talks on track

Volkswagen study shows Proton talks on track

Top European auto maker Volkswagen is to examine "certain assets" of Malaysia's ailing Proton this month, a financial newspaper reported on August 05, indicating talks on a possible tie-up are on track.
Published 13 Aug, 2007 12:00am
Gazprom 30-year bond three times oversubscribed

Gazprom 30-year bond three times oversubscribed

Gazprom's 30-year dollar bond sold on August 08 was almost three times oversubscribed, as the Russian quasi-sovereign took advantage of a rare window in turbulent global markets, a syndicate official said on August 09.
Published 13 Aug, 2007 12:00am
Gazprom 30-year bond three times oversubscribed

Gazprom 30-year bond three times oversubscribed

Gazprom's 30-year dollar bond sold on August 08 was almost three times oversubscribed, as the Russian quasi-sovereign took advantage of a rare window in turbulent global markets, a syndicate official said on August 09.
Published 13 Aug, 2007 12:00am
Sharp sues Samsung for alleged LCD patent breaches

Sharp sues Samsung for alleged LCD patent breaches

Japanese electronics maker Sharp Corp said on August 07 that it had filed a lawsuit against South Korean rival Samsung Electronics Co for alleged patent infringement in liquid crystal displays.
Published 13 Aug, 2007 12:00am
Sri Lankans exit stock market due high rates and war

Sri Lankans exit stock market due high rates and war

They helped push Sri Lanka's stock market to life highs earlier this year, but small investors like retired bank worker K. Jayaratne are now selling their holdings because of high interest rates and renewed civil war.
Published 13 Aug, 2007 12:00am
Shenzhen Capital eyes ten IPOs

Shenzhen Capital eyes ten IPOs

Shenzhen Capital Group Co, China's largest domestic venture capital fund, said on August 09 that more than 10 companies in its portfolio are expected to list domestically or abroad by the end of this year.
Published 13 Aug, 2007 12:00am
Shenzhen Capital eyes ten IPOs

Shenzhen Capital eyes ten IPOs

Shenzhen Capital Group Co, China's largest domestic venture capital fund, said on August 09 that more than 10 companies in its portfolio are expected to list domestically or abroad by the end of this year.
Published 13 Aug, 2007 12:00am
Cathay posts strong first-half net profits

Cathay posts strong first-half net profits

Cathay Pacific posted a strong first-half net profit of 2.58 billion Hong Kong dollars (330 million US) on August 08, exceeding expectations, and said they were ideally placed to benefit from China's growth.
Published 13 Aug, 2007 12:00am
Cathay posts strong first-half net profits

Cathay posts strong first-half net profits

Cathay Pacific posted a strong first-half net profit of 2.58 billion Hong Kong dollars (330 million US) on August 08, exceeding expectations, and said they were ideally placed to benefit from China's growth.
Published 13 Aug, 2007 12:00am
Conservatives plan cuts in business red tape

Conservatives plan cuts in business red tape

The Conservative Party, trailing Labour in the polls, has drawn up plans to slash red tape and regulation in a bid to save British businesses 14 billion pounds ($28.3 billion). John Redwood, the senior Conservative right-winger who drew up the proposals,
Published 13 Aug, 2007 12:00am
'Barneys to open five clothing stores'

'Barneys to open five clothing stores'

Dubai government investment agency Istithmar, which agreed last week to buy Barneys New York Inc for $942.3 million, said the US luxury-clothing store plans to open up to five outlets at a cost of as much as $100 million. Istithmar, which agreed to buy Ba
Published 13 Aug, 2007 12:00am
South Korea to launch $279 million nickel mine fund in October

South Korea to launch $279 million nickel mine fund in October

South Korea plans to launch a 260 billion won ($279.1 million) fund in October to invest in a Madagascar nickel mine as its first move to raise seed money for the development of mines around the globe, the country's mining body said on Sunday.
Published 13 Aug, 2007 12:00am
'China mortgage quality worse than US'

'China mortgage quality worse than US'

The quality of Chinese home loans is worse than in the United States, where a subprime mortgage crisis is causing turmoil in global financial markets, according to a prominent academic quoted in a Hong Kong newspaper on Sunday.
Published 13 Aug, 2007 12:00am
Asia's labour force to grow by 200 million: ILO

Asia's labour force to grow by 200 million: ILO

Asia's economies face the challenge of finding jobs for an extra 200 million workers between now and 2015, according to a new International Labour Organisation (ILO) report out Monday.
Published 13 Aug, 2007 12:00am
Over 13 percent in Iran under poverty line

Over 13 percent in Iran under poverty line

More than 13 percent of Iranians live under the poverty line, a government minister was quoted as saying on Sunday, amid increasing concern about the welfare of the worst-off in the Islamic republic. "Around 9.2 million people are living under the poverty
Published 13 Aug, 2007 12:00am
India's economy on 'tryst with destiny' 60 years on

India's economy on 'tryst with destiny' 60 years on

Ashok Soota, who founded software maker Mindtree Consulting in 1999, calls himself a "late-stage" entrepreneur, much as India is a late convert to free-market philosophy.
Published 13 Aug, 2007 12:00am
Japan's growth seen slowing in second quarter

Japan's growth seen slowing in second quarter

Japanese economic growth is expected to have slowed sharply in the second quarter of 2007, hit by slowing exports to the United States, analysts predict. Still, the world's second-largest economy probably managed to grow for a 10th straight quarter as con
Published 13 Aug, 2007 12:00am
Iran carpet firm shrugs off US sanctions threat

Iran carpet firm shrugs off US sanctions threat

Iran's carpet industry does not fear possible US sanctions against one of the country's main export earners as buyers would be able to circumvent such an import ban, a senior executive said on Sunday.
Published 13 Aug, 2007 12:00am
US retailers to sell Iraqi goods by Christmas

US retailers to sell Iraqi goods by Christmas

Giant retailers Wal-Mart, JC Penney and Sears, Roebuck could stock Iraqi-made leather jackets and clothes in outlets across the United States by Christmas, an Iraqi official said on Sunday.
Published 13 Aug, 2007 12:00am
Omantel to buy 65 percent of Pakistan's Worldcall

Omantel to buy 65 percent of Pakistan's Worldcall

Oman Telecommunications Co (Omantel) expects to conclude a deal to buy 65 percent of Pakistan's Worldcall by the end of the month, its chief executive said on Sunday. The deal would be worth 9.43 billion Pakistan rupees ($156 million) at the stock's closi
Published 13 Aug, 2007 12:00am
Kuwait lets dinar depreciate

Kuwait lets dinar depreciate

Kuwait's central bank allowed the dinar to depreciate against the dollar on Sunday for the third time in a week after the US currency recovered some losses against the yen. The dinar will trade around a mid point of 0.28180 per dollar compared with 0.2817
Published 13 Aug, 2007 12:00am
Freedom Rally at Gaddani starts

Freedom Rally at Gaddani starts

Three-day Freedom Rally will be held at Gaddani from August 12 to 14, organisers announced on Saturday. Three-day festival includes first-ever women jeep rally, drag race, freedom bike rally and freedom jeep rally. Motorsports Company is conducting 4th ed
Published 13 Aug, 2007 12:00am
Super Cup Sevilla spoil Schuster's Real debut

Super Cup Sevilla spoil Schuster's Real debut

King's Cup winners Sevilla beat league champions Real Madrid 1-0 to spoil Bernd Schuster's competitive debut as coach in the first leg of the Spanish Super Cup on Saturday. The traditional curtain-raiser to the new season swung Sevilla's way when Brazilia
Published 13 Aug, 2007 12:00am
Montreal final: Djokovic denies Nadal a rematch with Federer

Montreal final: Djokovic denies Nadal a rematch with Federer

Novak Djokovic denied Rafael Nadal another instalment of his rivalry with Roger Federer, ousting the Spanish world number two Nadal 7-5, 6-3 to book his own finals meeting with Federer at the Montreal Masters.
Published 13 Aug, 2007 12:00am
Tiger's rivals face formidable task at Southern Hills

Tiger's rivals face formidable task at Southern Hills

Tiger Woods goes into Sunday's final round of the U.S. PGA Championship with the fans and most of his rivals expecting him to clinch his 13th major title. The world number one is three strokes clear of the chasing pack and is 12-for-12 in winning major ch
Published 13 Aug, 2007 12:00am
Sports events to be held to celebrate Independence Day

Sports events to be held to celebrate Independence Day

Various sports events will be held in connection with Independence Day of Pakistan on August 14 in the district. The inter-tehsil Wrestling competitions would be held at Liaquatpur Stadium on Monday (August 13) said District Sports Officer Syed Waqar-ul-H
Published 13 Aug, 2007 12:00am
Chelsea win goal feast, Arsenal leave it late

Chelsea win goal feast, Arsenal leave it late

Chelsea opened their Premier League title bid with a record-breaking 3-2 win over Birmingham City while London rivals Arsenal snatched a late 2-1 victory over Fulham on Sunday. Chelsea, looking to wrest the title back from Manchester United, who were play
Published 13 Aug, 2007 12:00am
Rooney injury caps frustrating start

Rooney injury caps frustrating start

Wayne Rooney suffered a suspected foot injury as Manchester United launched the defence of their Premiership title with a frustrating 0-0 draw against Reading at Old Trafford on Sunday.
Published 13 Aug, 2007 12:00am
Ivanovic to face Petrova in Los Angeles final

Ivanovic to face Petrova in Los Angeles final

Maria Sharapova's bid for a second title in as many weeks ended with a whimper Saturday as the top-seeded Russian withdrew injured before her scheduled semi-final in a 600,000-dollar WTA hardcourt tournament.
Published 13 Aug, 2007 12:00am
Wenger calls for retrospective red cards

Wenger calls for retrospective red cards

Arsenal manager Arsene Wenger called on Sunday for retrospective red cards to be awarded to players found guilty of diving on video replays. Wenger's side were accused of diving on at least three occasions by Fulham manager Lawrie Sanchez after Arsenal be
Published 13 Aug, 2007 12:00am
PCB umpires' package hailed

PCB umpires' package hailed

Former Test and veteran domestic umpire Saleem Badar Sunday hailed the steps taken by Pakistan Cricket Board (PCB) for the welfare of umpires. "These revolutionary steps announced by PCB will not only improve the financial position and respect of the umpi
Published 13 Aug, 2007 12:00am
World Hockey Tournament: venue to be confirmed next month

World Hockey Tournament: venue to be confirmed next month

A final decision on the venue of this year's Champions Trophy World Hockey Tournament will be taken early next month. The Samsung men's Hockey Champions Trophy tournament is scheduled to be held in Lahore in December this year.
Published 13 Aug, 2007 12:00am
India leaves England facing record Test chase

India leaves England facing record Test chase

India left England needing to score a record-breaking total if they were to win the third and final Test at The Oval here Sunday. England, at stumps on the fourth day, were 56 without loss, needing a further 444 runs to reach a fourth innings victory tota
Published 13 Aug, 2007 12:00am
Indonesian shares to keep downward trend

Indonesian shares to keep downward trend

Indonesian share prices are expected to continue to follow downcast regional sentiment in the week ahead but due to the economy's solid fundamentals, the fallout will be limited, dealers said on Friday.
Published 13 Aug, 2007 12:00am
Singapore shares expected to remain under pressure

Singapore shares expected to remain under pressure

Singapore share prices are expected to remain under pressure from the spillover impact of turmoil in the US housing market sparked by loans to low-quality borrowers, analysts said.
Published 13 Aug, 2007 12:00am
Taiwan shares to face volatile trade on Wall Street fears

Taiwan shares to face volatile trade on Wall Street fears

Taiwan share prices are expected to see volatile trade next week amid concerns over further downside on Wall Street which has been batttered by problems in the US subprime mortgage market, dealers said Friday.
Published 13 Aug, 2007 12:00am
JGBs leap on credit woes, BoJ rate rise view fizzles

JGBs leap on credit woes, BoJ rate rise view fizzles

Japanese government bonds (JGBs) surged on Friday as investors speculated that the Bank of Japan may not lift interest rates this month, given that tightening in global credit markets has cranked up market volatility.
Published 13 Aug, 2007 12:00am
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