A UK-based Pakistani firm intends to start coal exploration work in Sindh from October this year with substantial investment. The Director of Oracle Coalfields Plc, Anthony Scutt, stated this.
Opposition Leader in the National Assembly Moulana Fazlur Rehman has said that peace could not be established in Afghanistan without taking Taliban on board, Aaj TV reported. Talking to newsmen after a ceremony of 'Dastaar Bandi' of seminary students in P
A senior official of Pakistan National Shipping Corporation (PNSC) on Sunday died of heart attack while taking part in rescue operation in the wake of an inferno which left seven floors of the 15-storey building gutted.
A senior official of Pakistan National Shipping Corporation (PNSC) on Sunday died of heart attack while taking part in rescue operation in the wake of an inferno which left seven floors of the 15-storey building gutted.
Local Taliban in North Waziristan have agreed to free 15 FC personnel taken hostage on August 15. According to Aaj TV, 21-member Jirga under the leadership of MNA Maulana Meraj Uddin held talks with local Taliban leader Baitullah Mehsood in Ladha, North W
Local Taliban in North Waziristan have agreed to free 15 FC personnel taken hostage on August 15. According to Aaj TV, 21-member Jirga under the leadership of MNA Maulana Meraj Uddin held talks with local Taliban leader Baitullah Mehsood in Ladha, North W
Twenty-four people including a Nato soldier were killed in a bloody weekend of Taliban-linked violence across insurgency-hit Afghanistan, officials said Sunday. The soldier with the Nato-led International Security Assistance Force (ISAF) was killed Sunday
Engro Chemicals Pakistan Limited came into existence in 1965 when Exxon Chemical Pakistan Limited divested their fertiliser business on a global basis and sold off 75% shares in the company.
Engro Chemicals Pakistan Limited came into existence in 1965 when Exxon Chemical Pakistan Limited divested their fertiliser business on a global basis and sold off 75% shares in the company.
After the boom years of soaring house prices, the European housing markets appear to have stabilised and are generally sheltered from the fallout of the US subprime mortgage crisis, analysts said.
Hyundai Motor Co, South Korea's top automaker, said on Sunday it plans to raise vehicle kit exports to Russia by 60 percent next year in a bid to expand its market presence in the fast rising car market.
Former Iranian Oil Minister Kazem Vaziri-Hamaneh said that Iran's high fuel consumption cannot be curbed if its gasoline prices remain among the lowest in the world, a news agency reported on Sunday.
Pro-democracy activists led hundreds of people in a rare march through Myanmar's main city of Yangon on Sunday, in protest against an enormous hike in fuel prices last week.
Turkey and Iran agreed on Sunday to build three power plants expected to use natural gas to generate 6,000 MW and also plan to build hydroelectric plants together, a senior Turkish energy official said. Turkish Energy Minister Hilmi Guler went to Iran on
Japanese Prime Minister Shinzo Abe arrived in Indonesia Sunday at the start of a three-nation Asian tour, with a key trade agreement to be signed between Tokyo and Jakarta during his stop here. Abe arrived at Jakarta's Halim Perdanakusumah airbase, where
Ten years ago the crumpling of Asia's paper tiger economies sent shockwaves across the globe, but this time the region is being pummeled by a crisis that is "Made in the United States".
Getting Singaporeans to work beyond the retirement age of 62 is one key way to tackle the growing income divide in the city-state, Prime Minister Lee Hsien Loong said Sunday.
Australia's major farm groups agreed on a new plan for Australia's monopoly wheat exports on Sunday, proposing a new business be set up to manage the so called "single desk".
Politically motivated, unfair, biased and poisoned by jealousy - China's quality watchdog chief gave his verdict on Sunday on the storm surrounding the quality of Chinese goods, describing it as a "cold wind".
Egypt's Orascom Telecom said on Sunday it may sell its Iraqi subsidiary after it dropped out of a race for a long-term mobile licence in the war-torn country. Orascom also said it would not submit another bid to acquire Egyptian communications and technol
Singapore's prime minister said on Sunday that the government was keeping an eye on turbulent markets because the trade-dependent city-state's economy could be hit by worsening consumer confidence in the United States.
Kuwait's central bank allowed the dinar to appreciate against the dollar on Sunday for the first time in almost two weeks after the greenback fell back from a seven-week high against a basket of major currencies. The dinar will trade around a mid point of
Former European champions Poland clinched the last ticket to the finals when they defeated Kazakhstan in the World Grand Prix women's volleyball tournament on Sunday.
World champion Sebastien Loeb of France extended his perfect record in the German Rally on Sunday after playing it safe on the final day. Loeb held a lead of 38 seconds after the first two days and the Citroen driver had no need to take risks as he comple
Germany coach Joachim Loew will be without most of his first choice team for Wednesday's friendly against England at Wembley after Miroslav Klose and Bastian Schweinsteiger became the latest casualties on Sunday.
Rahul Dravid does not foresee himself playing next Cricket World Cup and captain insists India has unhealthy obsession with quadrennial cricketing extravaganza.
China's number one Lin Dan and fifth-seeded Zhu Lin clinched the coveted men's and women's world badminton crowns here Sunday, as Indonesia also savoured victory with two doubles titles.
Undefeated IBF middleweight champion Arthur Abraham said on Sunday he wants a glamorous winner-takes-all unification fight with reigning WBO and WBC champion Jermain Taylor in the United States.
Manchester United's stuttering start to the defence of the Premier League title became a full-blown slump on Sunday when they were beaten 1-0 by Manchester City.
China warmed up for next year's Olympics in Beijing with a powerful performance at the World University Games, securing top spot Saturday in the medals table despite fielding a weakened team. Strong results in diving, table tennis and shooting lifted Chin
In his first Major League Soccer start, David Beckham was instrumental in three Galaxy goals but couldn't prevent Los Angeles from falling 5-4 to the New York Red Bulls on Saturday.
Roger Federer will bid for a 50th career title against James Blake on Sunday, taking a 6-0 career record over the American into their clash in the final of the Cincinnati Masters.
Afghanistan Women soccer team, making their debut and playing their first ever women soccer event on Pakistan soil, occupy berth in quarter-finals of third National Women Soccer. Championship at Islamabad's 40,000-capacity Jinnah Stadium today.
Finn Mikko Ilonen claimed his second European Tour title of the season on Sunday with a two-stroke win in the Scandinavian Masters. A roller-coaster finish by Ilonen took him to a two-under 68 for a six-under-par 274 aggregate.
World number one Justine Henin moved a step closer to her 35th career title by taking down Chinese qualifier Yan Zi 6-3, 6-0 in the semi-finals of this 1.34 million dollar hardcourt event Saturday.
German Andreas Kloeden said on Sunday that he had no intention of leaving Astana despite speculation over the team's future. "I signed a two-year contract until the end of 2008.
Eating almonds has the same effect as the cholesterol-lowering drugs called statins. A one and a half ounce handful of almonds is a leading source of vitamin E and magnesium and offers protein, fibre, potassium, calcium, phosphorus and iron in 246 calorie
Exposure of the developing fetus to certain polyfluoroalkyl compounds, which are used in non-stick cookware and for other applications, may reduce birth weight and size, according to a report in the July 31st online issue of Environmental Health Perspecti
The theory that bacteria hasten our death has been questioned by research suggesting living in a sterile world would not boost life expectancy. It has been thought that the immune system response provoked by even harmless bacteria speeds up the ageing pro
So-called "healthy" fast-food alternatives to the classic burger, fries, and soft drink, appear to have similar effects on the cardiovascular system, new research suggests.
Bad air can trigger in young, healthy adults a string of adverse biological changes that are linked to cardiovascular disease, a Taiwan study has shown. Writing in the second August issue of the American Journal of Respiratory and Critical Care Medicine,
The estimated new cases per year of end-stage kidney disease (ESRD) in Pakistan are about 100 per million population. This translates to about 15,000 cases per year, said a release issued jointly by Transplantation Society of Pakistan, Pakistan Society of
Scientists at the Massachusetts Institute of Technology (MIT) have created the first three-dimensional images of a living cell by using a method similar to the X-ray CT scans, which enable doctors to see inside the body.
Watermelon and grapes carried healthy nutrients are a good treat in the hot summer season. Sweet and tasty watermelons are one of summer's favourite fruit. Watermelon consists of over 90 percent water, as it tasted good.
The health of the nation has never been a priority of our governments. We have no healthcare structure. The whole system is based on ad hocism and short-term planning, this was stated in a 'Health of Women in Pakistan' annual report - 2007 issued at a pre
The AIDS virus damages the brain in two ways, by not only killing brain cells but by preventing the birth of new cells, US researchers reported on Wednesday.
Deer hunting could be a dangerous endeavour for men with heart disease or risk factors for it, research findings suggest. In a study of 25 middle-aged male deer hunters, researchers found that the activities inherent to hunting - like walking over rough t
Though exercise can be a key part of managing high blood pressure and heart disease, new animal research suggests there can be too much of a good thing.
Forget jutting jaws, pheromones or hypnotic stares. What has made men attractive since they lived in caves could well be a foreshortened face, according to a new study.
Birds learn to fly easily because of the latent memories left behind in their brains by their ancestors, according to a new study by a psychologist. They discovered that learning in previous generations indirectly induced the formation of a latent memory
Many adult survivors of childhood leukaemia get little or no exercise, which increases their chances of becoming obese and developing other health problems.
Nokia pleaded for calm in India on Friday as thousands of anxious customers sought free replacements for potentially defective batteries made in Japan.
People spend hours in front of countless PC monitors nowadays. Usually those monitors go dark when work ends. That could soon change in some households. Monitors have other uses apart from word processing and spreadsheets. They can also show movies and so
News audiences are ditching television and newspapers and using the Internet as their main source of information, in a trend that could eventually see the demise of local papers, according to a new study Wednesday.
Singapore Telecommunications' (SingTel) regional mobile subscribers increased by a record 12.6 million in the second quarter to 136.35 million at the end of June, the telecommunications service provider said on Monday.
North Korea is expected to register an Internet country address this year as the isolated communist state takes cautious steps towards global information technology, an official said on Friday.
Harassment on cell phone is a neglected issue. No one either, from the user or the mobile company is paying any serious attention to it. The crime has increased. Users from different parts of the city have reported a variety of patterns.
Chinese authorities have punished 348 Internet websites for publishing "pornographic novels" online, citing social order concerns, state media reported Tuesday. Some of those websites have even been closed down, said Xinhua news agency, without stating th
Leading Indian telecom firm Bharti Airtel said on Wednesday it will launch mobile phone services in Sri Lanka where it sees the number of cell phone users growing by millions annually.
Ericsson and leading Pakistani operator Warid Telecommunications Limited (Warid Telecom) recently announced a new three-year managed services agreement that will deepen the existing strategic partnership between the two companies and marks Ericsson's firs
Apple on Tuesday made the solo works of late Beatles idol John Lennon available at iTunes in a move that could signal the history-making British band's music is headed for the online store.
The United Nations said on Monday it had taken steps to prevent hackers from infiltrating its website, after a Sunday incident in which an anti-US and anti-Israel message was posted on a UN webpage.
Nokia said on Tuesday that it would offer free-of-charge replacements for some of its Nokia BL-5C batteries after around 100 incidents of overheating were reported globally. No serious property damage or injuries were reported as a result of the incidents
Google Inc said on Thursday that five US universities have signed on for its Internet-based applications including e-mail and instant messaging. Google's relationship with the universities gives it a wider audience for applications that compete with Micro
Indonesia's top telecommunication firm, PT Telkomunikasi Indonesia said on Tuesday that it expects the number of mobile phone users in the country to grow more than 20 million this year, representing a gain of about 30 percent.
New York Life, the largest US mutual life insurance company, may enter wealthy and ageing Japan as part of a strategy to diversify beyond its home market, its Asia chief executive said on August 13.
Companies worried about a US economic slowdown should think twice before cutting their marketing budgets, particularly when it comes to money earmarked for more unconventional types of advertising.
The Swiss-based food giant Nestle on August 15 reported an 18.7 percent increase in half year net profits to 4.92 billion Swiss francs (3.0 billion euros, 4.08 billion dollars) prompting it to raise its growth target for the full year.
The Swiss-based food giant Nestle on August 15 reported an 18.7 percent increase in half year net profits to 4.92 billion Swiss francs (3.0 billion euros, 4.08 billion dollars) prompting it to raise its growth target for the full year.
HSBC Holdings, the world's fourth-biggest bank, is planning to launch a global suite of property funds of funds, probably starting this year, Guy Morrell, head of HSBC's real estate multimanager team, said.
HSBC Holdings, the world's fourth-biggest bank, is planning to launch a global suite of property funds of funds, probably starting this year, Guy Morrell, head of HSBC's real estate multimanager team, said.
Dow Jones & Co Inc Chief Executive Richard Zannino said on August 17 that a worsening credit market likely would force the company to pay more to refinance debt. "We have a three-year term debt facility to roll over and with spreads widening, we'll likely
Sophisticated systems used by banks to help weigh risks in trading asset-backed securities may have helped fuel a liquidity crisis as investors rushed for the exit at the first sign of trouble, say analysts and consultant.
Sophisticated systems used by banks to help weigh risks in trading asset-backed securities may have helped fuel a liquidity crisis as investors rushed for the exit at the first sign of trouble, say analysts and consultant.
The Egyptian government plans to merge state insurance companies, to create one of the five biggest insurance firms in the region, and then prepare the new company for privatisation, Investment Minister Mahmoud Mohieldin said on August 16.
Dutch ING Groep NV expects to maintain cross-shareholdings with South Korea's Kookmin Bank, although it has no plan to raise the stake in the lender yet, the head of ING Life Korea told Reuters on August 16.
South Korean share prices are likely to decline further in the coming week due to ongoing fears over a global credit crunch, sparked by troubles in the US subprime mortgage market, dealers said Friday.
Malaysian shares are likely to trade downwards in the coming week with investors staying on the sidelines amid lingering concerns over a US credit crisis, dealers said on Friday. The Kuala Lumpur Composite Index (KLCI) lost 96.14 points or 7.5 percent ove
Japanese government bond (JGB) futures rallied sharply to a 17-month high on Friday as slumping equities raised doubts about chances of the Bank of Japan raising interest rates in the near term.
Japanese government bond (JGB) futures rallied sharply to a 17-month high on Friday as slumping equities raised doubts about chances of the Bank of Japan raising interest rates in the near term.
Fears over the scale of the reverberating US sub-prime mortgage market left Asian currencies vulnerable to sharp swings, with the Japanese yen closing the week much firmer against the dollar but most other currencies down.
Australian share prices are probably close to the bottom of their current slump on fears about global credit but the decline may not be quite over, dealers said. They said more turbulence could be expected which could drag on for several weeks but the wor
Philippines share prices will take their cue from the US stock market amid the continuing global concerns over the credit problems in the United States, dealers said Friday.
Hong Kong share prices are unlikely to shake off the selling pressure that plunged the market by as much as 6.0 percent on Friday as fears over a US credit crisis linger into next week, dealers said.
Credit fears have played havoc with Wall Street stock portfolios and US investors could suffer more bruises from fresh upheavals sweeping world markets in the week ahead, despite an emergency rate cut.
Thai share prices are likely to extend losses next week on persistent fears over a global credit squeeze triggered by the US housing loan problem, dealers said Friday.
Taiwan share prices are expected to test the key 8,000 point support level on further foreign selling amid lingering concerns over a possible global credit crunch from sub-prime mortgage problems in the US, dealers said Friday.
Singapore share prices will track persistent concerns over the fallout from risky housing loans in the United States, dealers said. They said local shares have already been battered by the turmoil in global equities and financial markets sparked by a cris
Indian share prices are likely to remain volatile next week on fears of a growing credit crunch linked to the troubled US mortgage sector, dealers said Friday. But they did not rule out a relief rally with the US Federal Reserve cutting its discount rate
Japanese share prices face a huge test next week as shell-shocked investors watch to see whether the battered market can hold above the key 15,000 points level after its recent plunge, dealers said.
Britain's army has been stretched by missions in Iraq and Afghanistan and is not in a position to deploy any more soldiers, army chief Richard Dannatt said in an interview broadcast on Sunday.
At least 12 people were killed and 31 were wounded in an intensive mortar bombardment of an eastern Baghdad suburb on Sunday, security and medical officials in Iraq said. An interior ministry official said the attack came during heavy clashes in the mainl
Iraq's fractious leaders on Sunday agreed on the agenda for a political summit called by embattled Prime Minister Nuri al-Maliki in a bid to salvage his crumbling unity government. The breakthrough came on the second day of preparatory talks involving the