News Archives for Print - 2007-09-01

Print - 2007-09-01

Germany's biggest synagogue reopens

Germany's biggest synagogue reopened Friday after a major restoration, in a defiant symbol of the rebirth of Jewish life in the city where the Nazis planned the Holocaust.

Published 01 Sep, 2007 12:00am

Prince Harry hails Diana, speaks of pain at memorial service

Britain's Prince Harry called princess Diana "the best mother in the world" at a memorial service on the 10th anniversary of her death Friday that reduced hundreds of public mourners outside the venue to tears.

Published 01 Sep, 2007 12:00am

Eight dead in Brazil train crash

At least eight people were killed and more than 100 injured when a packed passenger train ploughed into a slow-moving train Thursday in a northern suburb of Rio de Janeiro.

Published 01 Sep, 2007 12:00am

Europe must back Iraq peace effort: France

Europe must fully back a wider United Nations effort to bring peace to Iraq and should avoid trying to "punish" the United States, French Foreign Minister Bernard Kouchner said on Friday.

Published 01 Sep, 2007 12:00am

Britain defends its Iraq role

Britain fought back against criticism in Washington over its performance in Iraq on Friday, taking the unusual step of publishing an editorial in a US newspaper staunchly defending its record.

Published 01 Sep, 2007 12:00am

Suicide bomber strikes near Kabul airport, two dead

A suicide bomber blew up a car packed with explosives near an entrance to the Afghan capital's airport on Friday, killing two Afghan soldiers and wounding a dozen people, allied forces and witnesses said.

Published 01 Sep, 2007 12:00am

Thousands defy Hamas in mass Gaza prayer

More than 10,000 Palestinians defied Hamas on Friday to pray outside in the biggest protest in the Gaza Strip since the radical Islamist movement captured control of the territory two months ago.

Published 01 Sep, 2007 12:00am

Plane with US lawmakers shot at in Iraq

A military airplane carrying four members of the US Congress came under fire over Iraq on Thursday but the plane was not hit and no one was hurt, a spokesman for one of the lawmakers said on Friday.

Published 01 Sep, 2007 12:00am

White House spokesman Snow quits

US President George W. Bush announced on Friday the departure of his main spokesman Tony Snow, and named assistant Dana Perino to the job. Snow, 52, a former radio journalist who joined the White House in May 2006 only to see his colon cancer return, will

Published 01 Sep, 2007 12:00am

France and Britain raise spectre of sanctions on Darfur

The leaders of France and Britain on Friday revived the spectre of sanctions against Khartoum if progress is not made on a Darfur ceasefire and upcoming political talks.

Published 01 Sep, 2007 12:00am

Chavez steps into hostage fray

Better known for his trademark anti-US tirades, Venezuelan President Hugo cate role on Friday when he tries to broker a deal to free hostages held by Colombia's Marxist guerrillas.

Published 01 Sep, 2007 12:00am

Kosovo split possible if both sides agree: Russia

Russia will accept a partition of Serbia's Kosovo province if that is the solution agreed by Belgrade and Kosovo's ethnic Albanian majority, Russian Foreign Minister Sergei Lavrov said on Friday.

Published 01 Sep, 2007 12:00am

UAE tightens control on export of military goods

The United Arab Emirates issued a new law on Friday to control the export of military equipment or dual-use items, following US calls for measures to stop sensitive goods reaching Iran. The UAE, a federation of seven emirates, includes Dubai, one of the b

Published 01 Sep, 2007 12:00am

Industrial nations shy away from stiff 2020 goals

Industrial nations were shying away from fixing stiff 2020 guidelines for greenhouse gases cuts at UN talks on Friday in what environmentalists said would be a vote for "dangerous" climate change.

Published 01 Sep, 2007 12:00am

Salman Khan gets bail in poaching case

An Indian court freed Bollywood star Salman Khan on bail on Friday almost a week after he was arrested and jailed for shooting an endangered gazelle during hunting trips nearly a decade ago. He walked free on Friday evening, wearing a blue-grey baseball c

Published 01 Sep, 2007 12:00am

High yielders recover in London

High-yielding currencies came back into favour and the yen fell on Friday on news that President George W. Bush would announce proposals later on Friday to help US homeowners at risk of default. The yen had clawed back ground earlier this week as continui

Published 01 Sep, 2007 12:00am

Indian rupee strengthens

The Indian rupee strengthened markedly on Friday as gains in Asian stock markets and higher-than-expected economic growth figures raised market expectations of a pick up in capital inflows, traders said. The partially convertible rupee ended at 40.875/885

Published 01 Sep, 2007 12:00am

Sterling pares gains after Bernanke comments

Sterling pared gains versus the yen and dollar on Friday after comments from Federal Reserve Chairman Ben Bernanke led to a small increase in risk aversion and investors unwound carry trades. Bernanke said the Fed is set to act as needed to limit the impa

Published 01 Sep, 2007 12:00am

Friday's mid-afternoon trade: Wall Street gains on Bush plan

US stocksresident Bush said he would help struggling subprime mortgage borrowers avoid foreclosure and with speculation rife about an interest rate cut next month after a speech by Federal Reserve Chairman Ben Bernanke.

Published 01 Sep, 2007 12:00am

Bonds: iTraxx Crossover tightens

European credit spreads tightened on Friday but gave up some gains made in earlier trading after both US President George W. Bush and Federal Reserve Chairman Ben Bernanke said it was not their role to bail out speculators.

Published 01 Sep, 2007 12:00am

Bonds: iTraxx Crossover tightens

Published 01 Sep, 2007 12:00am

Closing stock market indices

Major stock markets outside the United States ended on Friday.

Published 01 Sep, 2007 12:00am

FTSE rises on Bush proposal

Britain's leading share index rose 1.5 percent on Friday, lifted by US President George W. Bush's plans to tackle the subprime mortgage crisis, which has plagued global financial markets for the past two months. The FTSE 100 was up 91.3 points at 6,303.3,

Published 01 Sep, 2007 12:00am

Cocoa outlook shaken by subprime, black pod

London cocoa futures prices risk further falls from recent 6-month lows on expectations of a big West African crop, but worries over the wider subprime credit crisis and black pod disease in Ivory Coast muddied the outlook.

Published 01 Sep, 2007 12:00am

London coffee and cocoa and sugar rise

London robusta coffee ended slightly higher on Friday in heavy volume as traders rolled forward positions ahead of first tender day, dealers said. Cocoa rebounded from a recent six-month low on short covering ahead of the long holiday weekend in the Unite

Published 01 Sep, 2007 12:00am

Oil rises on storm worries

Oil rose on Friday as investors kept watch on a gathering storm in the Atlantic Ocean that renewed concern of possible damage to offshore oil rigs this hurricane season. US crude settled 68 cents higher at $74.04 a barrel ahead of the long US Labour Day h

Published 01 Sep, 2007 12:00am

China soyameal outlook turns bullish

The outlook for China's soyameal and rice markets turned more bullish this week, in expectation of better demand for pig feed and tight rice supplies in eastern China, a survey by an official grain think-tank showed on Friday.

Published 01 Sep, 2007 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 01 Sep, 2007 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 01 Sep, 2007 12:00am

Base metals gain

Industrial metal futures gained on Friday, with nickel rising 7.8 percent at one point, while the market took note of speeches by Federal Reserve Chairman Ben Bernanke and US President George W. Bush. Benchmark London Metal Exchange (LME) copper futures c

Published 01 Sep, 2007 12:00am

New York cotton closes with hefty gains

Cotton futures finished Friday sharply higher for the second day in a row, as speculative players took heart from the implications of strong demand from the US Department of Agriculture's weekly export sales data, traders and analysts said.

Published 01 Sep, 2007 12:00am

India's gold demand seen jumping: WGC

India's demand for gold in 2007 is likely to jump by 50 percent, from 2006, to record levels as lower prices lift buying interest, a senior official of the World Gold Council said on Thursday. If realised, Indian gold demand would exceed 1,000 tonnes for

Published 01 Sep, 2007 12:00am

Gold rises in London

Gold rose on Friday, aided by firm stocks and a strike at a gold mine, as speeches by US President George W. Bush and Federal Reserve Chairman Ben Bernanke calmed financial markets ahead of the three-day US Labour Day holiday weekend.

Published 01 Sep, 2007 12:00am

US MIDDAY: wheat turn lower

Nearby wheat futures on the Chicago Board of Trade and the Kansas City Board of Trade turned lower at midmorning on Friday as firms took profits after values soared to fresh all-time highs, traders said.

Published 01 Sep, 2007 12:00am

US MIDDAY: corn firmer

Chicago Board of Trade corn futures were firm midmorning Friday on technical buying, gaining on wheat after profit-taking hit that pit following its rise to an all-time high in overnight,

Published 01 Sep, 2007 12:00am

US MIDDAY: soyabeans higher

The Chicago Board of Trade soyabean complex was slightly higher mid-morning on Friday, turning quiet after an early rally in all three pits following the moves in wheat, traders said.

Published 01 Sep, 2007 12:00am

US MIDDAY: copper futures climb

US copper futures rose more than 2 percent in early business on Friday, with stronger tones in global equity markets underpinning the early advance, traders said.

Published 01 Sep, 2007 12:00am

US MIDDAY: gold rallies

A firmer stock market, weaker dollar and a strike at a gold mine sent US gold futures sharply higher in heavy trade early on Friday, ahead of a statement by US President George W. Bush outlining reforms to help homeowners with subprime mortgages.

Published 01 Sep, 2007 12:00am

Fesco shutdown notice

Faisalabad Electric Supply Corporation (Fesco) has issued its shutdown programme for necessary repairs and maintenance of electricity lines on Saturday, September 1. Power supply from Bismillahpur, Sandal, Hajwairi Town and Bilal feeders will remain suspe

Published 01 Sep, 2007 12:00am

Eight die as bus falls into ravine

Eight people including a woman lost their lives and 21 others were injured as a Sehwan-bound bus coming from Punjab fell into a ravine. According to Geo News, the driver lost control as the tie-rod of the bus snapped at Rasoolabad Bypass and slid i

Published 01 Sep, 2007 12:00am

Pakistan's agriculture produce best in world: envoy

French Commercial Consular Brigitte Bouvet has said that agriculture is a strong area for collaboration between Pakistan and France as Pakistan's agriculture produce is among the best in the world and it deserves to be one of the top exporting countries o

Published 01 Sep, 2007 12:00am

Partly Facetious: money makes people forget their promises

"You remember hurricane Katrina?"

Published 01 Sep, 2007 12:00am

Deterioration in banking services

Although the recent process of mergers and rationalisation in banking industry has been phenomenal, accompanied by vast improvement in their physical infrastructure, IT systems, salary levels, and financial strength, the operating aspects have not kept pa

Published 01 Sep, 2007 12:00am

Monthly Round-up: the month of the double-speak

Justice Malik Abdul Qayyum (Retd.), erstwhile head of the Accountably Court, who is now Attorney General, has been much in the news during the month.

Published 01 Sep, 2007 12:00am

Shipbuilding industry's potential

Responding to a presentation by the Karachi Shipyard and Engineering Works (KS&EW) Managing Director, Vice Admiral Iftikhar Rao, the other day, President General Pervez Musharraf is reported to have stressed need for concentration on shipbuilding, besides

Published 01 Sep, 2007 12:00am

Turkey elects new president

Abdullah Gul's election as his country's 11th president has effectively demolished many a myth about the Turkish polity and politics. For instance, early this year his candidature for the president's office provoked strong reaction from the secularists wh

Published 01 Sep, 2007 12:00am

Restoring investors' confidence

No doubt the lingering political uncertainty in the country has begun exacting a toll from the national economy. A case in point is privatisation of major public sector entities that were slated for sell-off during the current fiscal year but are said to

Published 01 Sep, 2007 12:00am

Textbooks not available in market

Teachers in schools have started forcing students to bring textbooks from their own sources as new textbooks are still not available in the market and old books banks have doubled the prices of old books.

Published 01 Sep, 2007 12:00am

STPP chief favours provincial autonomy

Dr Qadar Khan Magsi, Chief of Sindh Traqqi Pasand Party (STPP) has said that National Assembly was dominated by Punjab and it had occupied all national resources whereas Senate by Pushtoons and both were exploiting the Sindh and Balochistan.

Published 01 Sep, 2007 12:00am

Yousaf performing 'Chilla' in Dir

Batsman Mohammad Yousaf, the world record holder of scoring highest number of runs in a calendar year, is performing "chilla" (meditation) these days in Dir, a far flung area in the North West Frontier Province (NWFP) in a bid to fulfil his religious obli

Published 01 Sep, 2007 12:00am

$75 million Barani areas water project plan submitted for ADB loan

The Punjab Irrigation and Power Department has submitted a plan to Asian Development Bank for approval of $75 million loan for Barani Integrated Water Resources Sector Project (BIWRSP).

Published 01 Sep, 2007 12:00am

Work on Faisalabad-Khanewal expressway to start in 2008

Faisalabad-Khanewal Expressway (E-4), which is a part of National Trade Corridor Highway Investment Programme is expected to start in 2008 and complete by December 2010, according to sources of National Highway Authority (NHA).

Published 01 Sep, 2007 12:00am

Release of 42 prisoners ordered

District and Sessions Judge (Nankana Sahib) Muhammad Suhaib Rumi and Additional Sessions Judge (Sheikhupura) Chaudhry Muhammad Azam ordered the release of 42 prisoners jailed for petty crimes, on personal sureties, during a visit to the District Jail Shei

Published 01 Sep, 2007 12:00am

Contaminated water case: LHC seeks report by September 14

The Lahore High Court (LHC) has ordered district police officer (DPO) Sargodha to report to the court by September 14 about the contaminated water in Chanab Nagar in Jhang which resulted in death of many people and cattle.

Published 01 Sep, 2007 12:00am

PSMA fears delay in crushing season

A Pakistan Sugar Mills Association (PSMA) spokesman has said that a general meeting was held on Friday at the association's office in Lahore, agreeing to stop doing any business with Rana Ayub (sugar dealer of Lahore) after criticising him for his attitud

Published 01 Sep, 2007 12:00am

High priority to ties with Pakistan: Abdullah Gul

The newly elected Turkish President Abdullah Gul has said that Turkey attaches high priority to its relations with Pakistan and he would make efforts to further strengthen the brotherly relationship. He was talking to Foreign Minister Khurshid Mahmud Kasu

Published 01 Sep, 2007 12:00am

Inter-city bus terminal to be functional next week

The City District Government Karachi (CDGK) is likely to establish Punjab, NWFP and interior Sindh-bound inter-city bus terminal on 10 acres of plot at Scheme 33 Superhighway on makeshift basis from next week.

Published 01 Sep, 2007 12:00am

Ten backward UCs of Rawalpindi to get literacy centers

Government has completed survey in 10 backward union councils of Rawalpindi district to set up Non-Formal Literacy Centers. The government would establish literacy centers in each union council of the district including.

Published 01 Sep, 2007 12:00am

CDGP to check essential items prices during Ramazan

City District Government Peshawar (CDGP) has decided to convene a meeting of the trading community to seek their support in keeping check on the prices of the essential household items during the coming holy month of Ramazan in the district.

Published 01 Sep, 2007 12:00am

Other cities to get training institutes like CTTI

Government has chalked out a plan for opening institutes like Construction Technology Training Institute (CTTI) in other parts of the country as well to spread professional and technical skills amongst the youth and to control unemployment.

Published 01 Sep, 2007 12:00am

Punjab Assembly session on September 3

The Punjab Assembly is expected to hold a session on September 3. The Punjab Law Department has made formal request to Chief Minister Pervaiz Elahi. Once signed by the chief minister, the recommendation will go to the governor to approve it.

Published 01 Sep, 2007 12:00am

Sharifs' return won't create any problem to PML-N: Ellahi

Chief Minister Punjab Chaudhry Pervaiz Ellahi has said that Sharif brothers return would bring no change in political landscape of Pakistan rather their act would annoy Saudi leadership and breech their trust.

Published 01 Sep, 2007 12:00am

New mechanism formulated to train government employees: Ishrat

The government has formulated a new mechanism to address the training needs of public sector employees in a holistic manner, Chairman of National Commission for Government Reforms (NCGR) Dr Ishrat Hussain said.

Published 01 Sep, 2007 12:00am

Re-election vital for brighter future: Rind

Minister for States and Frontiers Regions (Safron) Sardar Yar Muhammd Rind on Friday said the election of President General Pervez Musharraf as the president of the country either in uniform or without uniform was imperative for winning brighter future of

Published 01 Sep, 2007 12:00am

PAC meeting held

A meeting of the Public Accounts Committee (PAC) of NWFP Assembly was held here on Friday with Speaker Bakht Jehan Khan in the chair. The meeting was attended by MPAs Anwar Kamal Khan, Ikramullah Shahid, Pir Muhammad Khan, Khalid Waqar Chamkani, Secretary

Published 01 Sep, 2007 12:00am

'Third time Prime Minister' main hurdle in government-Benazir deal: Rashid

Federal Minister for Railways Sheikh Rashid Ahmad has said that the main obstacle in the way of government-Benazir deal is refusal of the government to allow any one to become Prime Minister for third time. The Minister said that by coming Monday the deal

Published 01 Sep, 2007 12:00am

Students protest persistent closure of Lal Masjid

Seminary students and residents of G-6 Islamabad on Friday held protest demonstration against the continuous closure of Lal Masjid since the bloody 'Operation Silence' on May 12, in front of the mosque and demanded immediate release of former Khateeb Maul

Published 01 Sep, 2007 12:00am

AJK Jagran Powerhouse closed

The Jagran Powerhouse Azad Kashmir has been closed on emergency basis on Thursday for repair works. Due to closure of Jagran powerhouse, Peshawar Electric Supply Company (Pesco) is facing 20 to 40MW shortfall of electricity in District Abbotabad, Mansehra

Published 01 Sep, 2007 12:00am

Pakistan consumes one million computers annually

The levy of 15 percent general sales tax on import of branded computers unlikely to yield desired results in the backdrop of increasing smuggling of computers and laptops from Dubai.

Published 01 Sep, 2007 12:00am

Industrialists urge petroleum dealers to end strike

Industrialists have urged the petroleum dealers to call off their strike in the best interest of the country, and stressed upon to government to intervene in the matter. They feared that if this strike continued, it would paralyse not only the economic ac

Published 01 Sep, 2007 12:00am

LHC orders to recover French-connection boy

The Lahore High Court has ordered Sheikhupura police to recover a seven-year-old French-Pakistani boy and produce him before the court on September 6. The court issued the order following a petition filed by a French woman Peggy Collin seeking the recover

Published 01 Sep, 2007 12:00am

Flour prices at Utility Stores increase

The flour price at Utility Stores has been increased up to Rs 275 per 20 kg bag from the earlier price of Rs 26, It was reliably learnt on Friday. It is pertinent to be mentioned here that flourmills recently have increased prices of 20Kg bag to Rs 281 pe

Published 01 Sep, 2007 12:00am

CNG-fitted rickshaws: high-level meeting to chalk out conversion plan

The Sindh Chief Secretary has convened a high level meeting to work out a viable plan to convert two-stroke rickshaws into four-stroke to turn Karachi into an eco-friendly metropolis.

Published 01 Sep, 2007 12:00am

SHC verdict on operating and finance leases

In a landmark decision, the Sindh High Court has drawn a clear distinction between operating and finance leases, laying down the distinguishing features between the two, which is expected to have a huge impact on the whole leasing industry.

Published 01 Sep, 2007 12:00am

SECP suspends trading of BPCL shares

Trading in the shares of Beema Pakistan Company Limited will remain suspended at the Karachi Stock Exchange (KSE) for another 60 days with effect from Friday (August 31).

Published 01 Sep, 2007 12:00am

Smeda and World Bank joint workshop

The Small and Medium Enterprise Development Authority (SMEDA), Ministry of Industries, Production and Special Initiatives and the World Bank will organise a joint two-day workshop on "clean production and pollution prevention" on September 4-5 in Lahore.

Published 01 Sep, 2007 12:00am

Kapco profit declines by 6.1 percent

The profit after tax of Kot Addu Power Company Limited (Kapco) has declined by 6.1 percent or Rs 325.953 million as the company earned Rs 4,991.409 million in the financial year ended June 30 as compared to Rs 5,317.362 million earned in the corresponding

Published 01 Sep, 2007 12:00am

Fresh dates prices skyrocket as Ramazan nears

Prices of fresh dates have skyrocketed in the range of Rs 1800 to Rs 2000 per 40 kg in the wholesale market while the holy month of Ramazan is about a fortnight away.

Published 01 Sep, 2007 12:00am

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region

Published 01 Sep, 2007 12:00am

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O

Published 01 Sep, 2007 12:00am

Completion of minister block ordered

Punjab Communication and Works Minister, Chaudhry Zaheer-ud-Khan has said the RS 150 million construction work on a minister block at the old Labour Department is in full swing. Khan was chairing a department meeting on Friday said the block would be comp

Published 01 Sep, 2007 12:00am

15 percent raise in ministers' salaries notified

The government has notified 15 percent increase in the salaries of Prime Minister Shaukat Aziz, Federal Ministers and Ministers of State with effect from July 1, 2007, official sources told Business Recorder.

Published 01 Sep, 2007 12:00am

Four notorious criminals arrested

Bhekhi police after an hour of armed encounter on Thursday night, arrested four notorious criminals of Zaffar alias Zafri gang, wanted in several cases of dacoity and other heinous crimes. This was disclosed by District Police Officer (DPO) Sheikhupura, D

Published 01 Sep, 2007 12:00am

Opposition leaders welcome Nawaz's announcement

Leaders of opposition parties, welcoming the announcement Nawaz Sharif and his family's return on September 10, said it would prove vital in speeding up the momentum of struggle to restore "real democracy" and ending military rule in the country.

Published 01 Sep, 2007 12:00am

Musharraf policies decline Pakistan's army morale: Qazi

Central president of the opposition alliance of the religio-political parties Muttahida Majlis-e-Amal (MMA) Qazi Hussain Ahmad on Friday alleged that the policies of the President General Pervez Musharraf has caused decline in the morale of Pakistan Army.

Published 01 Sep, 2007 12:00am

UAF signs 16 MoUs with various bodies

University of Agriculture, Faisalabad (UAF) has signed 16 MoUs with national and international industrial, scientific and research organisations in a bid to strengthen its ties with relevant institutions.

Published 01 Sep, 2007 12:00am

Ban on private matric science students lifted

The Punjab Education Department has lifted a ban from private students to appear in the Matric examinations with science subjects and concerned quarters have been directed to issue a notification.

Published 01 Sep, 2007 12:00am

Punjab University's law college principal

Punjab University's Law College Professor Ishfaq Khan has been assigned the task of looking after the office of the principal university Law College from September 1.

Published 01 Sep, 2007 12:00am

UHS announces MSc Medical Technology results

The University of Health Sciences (UHS) in Lahore has announced the results of MSc in Medical technology (first year) annual examination 2007. This is the first time that an MSc degree programme in medical technology has been launched in Pakistan. It is a

Published 01 Sep, 2007 12:00am

Omnibus poetic anthology praising Allama Iqbal published

Pakistan may have started 60 years celebration of independence with 31-gun salute, parades and public rallies. However, its literati have participated in the happiness of its birth celebration with equal enthusiasm.

Published 01 Sep, 2007 12:00am

The Weather

The weather report on Friday (August 31, 2007) and the forecast for Saturday (September 01, 2007).

Published 01 Sep, 2007 12:00am

MoU signed to set up Pak-China University of engineering S&T

Pakistan and China signed a memorandum of understanding (MoU) here on Friday to set up Pak-China University (PCU) of Engineering Science and Technology (S&T) with an estimated cost of Rs 30 billion.

Published 01 Sep, 2007 12:00am

New York cotton

Friday closing prices of New York cotton in US cents/lb.

Published 01 Sep, 2007 12:00am

Petrol pumps remain closed in Multan

At the call of Pakistan Petroleum Dealers Association (PPDA), all petrol pumps and filling stations remained closed here on Friday as part of a countrywide strike against government decision to cut their profit on petrol. Motor cyclists and non-CNG motori

Published 01 Sep, 2007 12:00am

New York cotton

Friday closing prices of New York cotton in US cents/lb.

Published 01 Sep, 2007 12:00am

Four killed in van-truck collision

Four passengers were killed and six others received severe injuries when a van collided with a truck near village Bhatti Gujar in the jurisdiction of Kalar Kahar Police Station. The van JME-1285 was on its way to Joharabad from Rawalpindi when it collided

Published 01 Sep, 2007 12:00am

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 01 Sep, 2007 12:00am

Conference on Islamic banking to be held in Karachi

Director Islamic Banking Department State Bank of Pakistan, Pervez Said has said that third international conference on Islamic Banking and Finance Risk Management, Regulation and Supervision will be held in Karachi during April 2008, according to an anno

Published 01 Sep, 2007 12:00am

LME official prices

LME official prices on Thursday.

Published 01 Sep, 2007 12:00am

Indus Motors earns Rs 2,745.701 million profit

The Indus Motor Company Limited has posted Rs 2,745.701 million as profit after tax, translating an earning per share of Rs 34.93 in the year ending June 30 as compared to Rs 2,648.464 million PAT and Rs 33.70 as EPS in the corresponding period last year.

Published 01 Sep, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17
France CAC40 / Nov 21	7,213.32
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85

Item	Value
Gold 10 Grams PKR / Nov 21	238,340
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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