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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-09-21
AutoZone profit up, shares rise

AutoZone profit up, shares rise

AutoZone Inc, the largest US auto parts retail chain, on Tuesday posted a 1.7 rise in quarterly earnings as gross margins improved under tough industry conditions, and its shares rose as much as 4.6 percent.
Published 21 Sep, 2007 12:00am
Best Buy posts higher profit, strengthens outlook

Best Buy posts higher profit, strengthens outlook

US retailer Best Buy Co reported better-than-expected second-quarter earnings on Tuesday, helped by international sales and demand for computers and video games, and raised its full-year profit forecast, pushing its shares up more than 5 percent.
Published 21 Sep, 2007 12:00am
Best Buy posts higher profit, strengthens outlook

Best Buy posts higher profit, strengthens outlook

US retailer Best Buy Co reported better-than-expected second-quarter earnings on Tuesday, helped by international sales and demand for computers and video games, and raised its full-year profit forecast, pushing its shares up more than 5 percent.
Published 21 Sep, 2007 12:00am
Pernod Ricard profits rise, to split shares

Pernod Ricard profits rise, to split shares

French wines and spirits group Pernod Ricard reported a forecast-beating rise in full year profits and said it would split its shares as it predicted another strong year of growth.
Published 21 Sep, 2007 12:00am
Pernod Ricard profits rise, to split shares

Pernod Ricard profits rise, to split shares

French wines and spirits group Pernod Ricard reported a forecast-beating rise in full year profits and said it would split its shares as it predicted another strong year of growth.
Published 21 Sep, 2007 12:00am
Estonia sets 2008 budget surplus at 1.3 percent of GDP

Estonia sets 2008 budget surplus at 1.3 percent of GDP

Estonia's government has approved a draft 2008 budget with a surplus of just over one percent of gross domestic product to try to cool down the economy, but the central bank on Tuesday urged greater ambition.
Published 21 Sep, 2007 12:00am
Kingfisher profit up 6.2 percent

Kingfisher profit up 6.2 percent

Kingfisher Plc, Europe's biggest home improvements retailer, reported a 6.2 percent increase in first-half profit on Thursday but warned that it expected the second half would be tough in the UK market.
Published 21 Sep, 2007 12:00am
Kingfisher profit up 6.2 percent

Kingfisher profit up 6.2 percent

Kingfisher Plc, Europe's biggest home improvements retailer, reported a 6.2 percent increase in first-half profit on Thursday but warned that it expected the second half would be tough in the UK market.
Published 21 Sep, 2007 12:00am
Thai shares higher led by energy stocks

Thai shares higher led by energy stocks

Thai share prices closed 0.45 percent higher on Thursday led by the energy sector, which was buoyed by soaring global oil prices, dealers said. They said investors were also upbeat following a bold US interest rate cut aimed at boosting the US economy.
Published 21 Sep, 2007 12:00am
Philippines shares at seven-week high

Philippines shares at seven-week high

Philippines share prices closed 2.36 percent up to a seven-week high on Thursday in an extended celebration of the US Federal Reserve's larger than expected interest rate cut, dealers said. The composite index added 79.40 points to 3,442.38, off the day's
Published 21 Sep, 2007 12:00am
Hong Kong shares finish firmer

Hong Kong shares finish firmer

Hong Kong blue chips rose 0.6 percent on Thursday, led by China Mobile, while strong momentum swept up underplayed issues like mainland lenders and conglomerate Hutchison Whampoa. Oil producer PetroChina Co Ltd also jumped after it had been sidelined in t
Published 21 Sep, 2007 12:00am
US stocks rally for second day after Fed rate cut

US stocks rally for second day after Fed rate cut

US stocks rose on Wednesday as investors extended a rally a day after the Federal Reserve's bold rate cut, betting that lower borrowing costs would keep the economy from slowing further and boost profits.
Published 21 Sep, 2007 12:00am
Malaysian shares jump

Malaysian shares jump

Malaysian share prices closed 0.9 percent higher on Thursday as gains in plantation, industrial firms and select blue chips offset profit-taking of other stocks, dealers said. They said investors sold into strength following Wednesday's sharp rise sparked
Published 21 Sep, 2007 12:00am
Long-dated US Treasury prices slip

Long-dated US Treasury prices slip

Long-dated US Treasury bond prices slid on Wednesday as investors bet interest rate cuts from the Federal Reserve will stoke inflation despite signs that price increases actually moderated last month. The Fed slashed the benchmark federal funds rate by a
Published 21 Sep, 2007 12:00am
Long-dated US Treasury prices slip

Long-dated US Treasury prices slip

Long-dated US Treasury bond prices slid on Wednesday as investors bet interest rate cuts from the Federal Reserve will stoke inflation despite signs that price increases actually moderated last month. The Fed slashed the benchmark federal funds rate by a
Published 21 Sep, 2007 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks rose 0.6 percent on Thursday as gains on Wall Street supported technology exporters such as Hon Hai, largely ignoring a FTSE decision to hold Taiwan at advanced emerging market status. The main TAIEX share index had jumped as much as 2 perce
Published 21 Sep, 2007 12:00am
Nikkei ekes out narrow rise

Nikkei ekes out narrow rise

Japan's benchmark Nikkei average eked out a narrow gain on Thursday of 0.20 percent after seesaw trade, with gains in steel and commodity-linked firms countering sales of semiconductor-linked shares such as Sumco Corp Shares of Aiful Corp and other consum
Published 21 Sep, 2007 12:00am
Singapore shares down 1.2 percent

Singapore shares down 1.2 percent

Singapore share prices closed 1.2 percent lower in cautious trade on Thursday as investors locked in profits from recent gains in select blue chips and property stocks, dealers said. Most investors were on the sidelines amid lingering concerns over furthe
Published 21 Sep, 2007 12:00am
Indian shares hit record close

Indian shares hit record close

Indian share prices rose 0.15 percent to a second straight record close on Thursday a day after a record surge in reaction to the US Federal Reserve rate cut, dealers said. They said market sustained Wednesday's gain, its sharpest single day rise at 4.17
Published 21 Sep, 2007 12:00am
Jakarta shares decline

Jakarta shares decline

Jakarta share prices closed 0.4 percent lower on Thursday as investors moved to cash in gains after the market's strong rally a day earlier, dealers said. The Jakarta Stock Exchange composite index closed down 8.71 points at 2,304.63, off a high of 2,331.
Published 21 Sep, 2007 12:00am
Yuan ends down under bank guidance

Yuan ends down under bank guidance

China's yuan ended marginally lower against the dollar on Thursday, despite another slide by the US currency in global markets, as the Chinese central bank again acted to keep the yuan soft. The yuan edged up in the late afternoon to an intra-day high of
Published 21 Sep, 2007 12:00am
Dollar drifts sideways

Dollar drifts sideways

The dollar moved sideways but held above a 15-year low against a basket of currencies on Thursday as investors awaited testimony from Federal Reserve Chairman Ben Bernanke later in the day for more clues on monetary policy.
Published 21 Sep, 2007 12:00am
Dollar gains on Fed rate cut

Dollar gains on Fed rate cut

The dollar rose from a 15-year low against a basket of currencies on Wednesday as investors bet the Federal Reserve's deep interest rate cut the previous session will help boost a slowing US economy. The Fed slashed the benchmark federal funds rate to 4.7
Published 21 Sep, 2007 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 68.70/68.71 (previous 68.70/68.71). Call Money Rates: 6.50-10.00 percent (previous 6.50-10.00 percent.
Published 21 Sep, 2007 12:00am
Asian currencies: rupiah at eight-week high

Asian currencies: rupiah at eight-week high

The Indonesian rupiah hit an eight-week high, the Indian rupee surged to a 9-year peak and other Asian high-yielders rose on Thursday, extending the rally sparked by a large US interest rate cut. The dollar fell broadly, hitting record lows below $1.4 ver
Published 21 Sep, 2007 12:00am
Rising risk aversion pushes Swiss franc higher

Rising risk aversion pushes Swiss franc higher

The Swiss franc rose strongly against the dollar and the euro on Thursday as investors positioned themselves for weaker markets after the previous session's rally, with traders becoming more risk averse. "The European market is going to be in the negative
Published 21 Sep, 2007 12:00am
PFF president praised for giving boost to football

PFF president praised for giving boost to football

Former national skippers and Fifa referees have hailed Pakistan Football Federation (PFF)'s President Makhdoom Syed Faisal Saleh Hayat for taking tangible measures to give boost to the game of football among Pakistani men and women.
Published 21 Sep, 2007 12:00am
'PCB constitution to be effective from today'

'PCB constitution to be effective from today'

Pakistan Cricket Board (PCB) Chairman Dr Nasim Ashraf on Thursday said that notification of PCB Constitution is being issued by the Ministry of Sports on Friday and the Board Constitution will be effective from September 21.
Published 21 Sep, 2007 12:00am
Morkel in Test squad

Morkel in Test squad

Fast bowling discovery Morne Morkel has been included in the South African squad that will play two Test matches in Pakistan next month. The tall Morkel, 22, has been South Africa's best bowler in the World Twenty20 tournament with eight wickets in four m
Published 21 Sep, 2007 12:00am
Davenport, Jankovic reach quarters in Beijing

Davenport, Jankovic reach quarters in Beijing

Former world number one Lindsay Davenport powered into the quarter-finals of the China Open on Thursday, notching her seventh straight win since rejoining the tour after giving birth in June. World number three Jelena Jankovic also reached the quarter-fin
Published 21 Sep, 2007 12:00am
Emirates signs three-year deal with Chelsea

Emirates signs three-year deal with Chelsea

Etihad Airways, the national airline of the United Arab Emirates, has signed a three-year deal to be a Platinum Sponsor and Official International Airline' Partner of Chelsea Football Club, says a press release issued recently.
Published 21 Sep, 2007 12:00am
Chelsea in turmoil as Mourinho quits

Chelsea in turmoil as Mourinho quits

Jose Mourinho's three-year reign at Chelsea came to an abrupt end on Thursday as the Portuguese manager's fraught relationship with the club's Russian owner, Roman Abramovich, finally reached breaking point.
Published 21 Sep, 2007 12:00am
Sri Lanka crash out of Twenty20

Sri Lanka crash out of Twenty20

Australia's pace bowlers sent Sri Lanka crashing out of the World Twenty20 championships at Newlands Thursday. "We're rising to the occasion," said stand-in Australian captain Adam Gilchrist. "We are more experienced in the big games."
Published 21 Sep, 2007 12:00am
Pakistan, Australia, India win

Pakistan, Australia, India win

Pakistan posted a comfortable win over Bangladesh at Newlands on Thursday. Australia defeated Sri Lanka by ten wickets. While, India beat host South Africa and qualified for the semi-finals.
Published 21 Sep, 2007 12:00am
Pakistan, Australia, India win

Pakistan, Australia, India win

Pakistan posted a comfortable win over Bangladesh at Newlands on Thursday. Australia defeated Sri Lanka by ten wickets. While, India beat host South Africa and qualified for the semi-finals.
Published 21 Sep, 2007 12:00am
Civil rights protesters converge on US town

Civil rights protesters converge on US town

Thousands of people from across the United States descended on a small town in central Louisiana on Thursday to protest what they say is injustice against six black teenagers charged over a high school fight. Protesters arrived in buses and cars from citi
Published 21 Sep, 2007 12:00am
US Republican contenders locked in tight battle

US Republican contenders locked in tight battle

After months of campaigning, millions of dollars spent and hundreds of speeches, Republican presidential candidates are locked in a tight bunch with none emerging as the clear-cut leader.
Published 21 Sep, 2007 12:00am
New Russian Prime Minister shows tough side in first cabinet meeting

New Russian Prime Minister shows tough side in first cabinet meeting

Russia's little-known new prime minister, Viktor Zubkov, honed his image as a tough politician at his first full cabinet meeting Thursday, berating ministers and demanding they be "more serious." "I want to seriously warn everybody ... to be more serious
Published 21 Sep, 2007 12:00am
EU-Africa summit host plays down UK boycott threat

EU-Africa summit host plays down UK boycott threat

EU President Portugal would find it hard to bar Robert Mugabe from an EU-Africa summit and will push ahead with the event despite British Prime Minister Gordon Brown's threat to boycott the event, a source close to the presidency said.
Published 21 Sep, 2007 12:00am
Taiwan leads China in best SMEs list: Forbes

Taiwan leads China in best SMEs list: Forbes

Technology firms dominated as Taiwan led China in a list of the best 200 Asian companies with annual revenues of under one billion US dollars, Forbes Asia business magazine said Thursday.
Published 21 Sep, 2007 12:00am
Arabs slam Israel at UN rights forum over Gaza

Arabs slam Israel at UN rights forum over Gaza

Arab and Islamic countries on Thursday condemned Israel for declaring the Gaza Strip an "enemy entity", and accused Israeli forces of killing Palestinian civilians, detaining parliamentarians, and destroying property.
Published 21 Sep, 2007 12:00am
Britain has plutonium for 17,000 Nagasaki bombs

Britain has plutonium for 17,000 Nagasaki bombs

Britain has amassed a stockpile of more than 100 tonnes of plutonium - enough for 17,000 bombs of the size that flattened Japan's Nagasaki in 1945, a report from the country's top science institution said on Thursday.
Published 21 Sep, 2007 12:00am
Rice meets Abbas in search of conference accord

Rice meets Abbas in search of conference accord

US Secretary of State Condoleezza Rice assured Palestinians on Thursday that Washington intended a Middle East peace conference to put them firmly on the road towards statehood but gave no specifics.
Published 21 Sep, 2007 12:00am
Israeli troops kill two Palestinians

Israeli troops kill two Palestinians

Israeli soldiers killed two Palestinians on Thursday in fighting during an incursion into the Gaza Strip, local ambulance workers and hospital officials said. Gunmen confronted the Israeli force and set off explosives, and an Israeli helicopter also took
Published 21 Sep, 2007 12:00am
Four killed in Baghdad blasts

Four killed in Baghdad blasts

Four people were killed in two car bomb attacks in Baghdad on Thursday, one of which killed two Iraqi soldiers at a checkpoint in the teeming Sadr City slum, security officials said. The bomb that exploded at Sadr City, bastion of the Mahdi Army Shiite mi
Published 21 Sep, 2007 12:00am
Flood-hit Uganda declares emergency

Flood-hit Uganda declares emergency

A state of emergency has been declared in several regions of Uganda, one of worst affected among 18 countries hit by rains and floods across Africa, officials said Thursday. "A declaration for a state of emergency has been made," Minister for Disaster Pre
Published 21 Sep, 2007 12:00am
Iraq violence lowest since 2006 mosque attack: US

Iraq violence lowest since 2006 mosque attack: US

Violence in Iraq has fallen to its lowest level since before a 2006 mosque attack which unleashed the deadliest phase of the Iraq war, the deputy commander of US forces in Iraq said on Thursday.
Published 21 Sep, 2007 12:00am
Sarkozy prepares to sell reforms to French voters

Sarkozy prepares to sell reforms to French voters

President Nicolas Sarkozy seeks to win support on Thursday for his drive to shake up France's creaking social security system and modernise the civil service, despite a strike threat by disgruntled unions.
Published 21 Sep, 2007 12:00am
Monks hold protest prayers at main Myanmar shrine

Monks hold protest prayers at main Myanmar shrine

About 500 Buddhist monks held prayers inside Myanmar's holiest shrine in Yangon on Thursday after being locked out for two days to prevent them launching a formal religious boycott of the ruling military junta.
Published 21 Sep, 2007 12:00am
Saudi Arabia joins UN atomic agency board

Saudi Arabia joins UN atomic agency board

Saudi Arabia and other US allies were among 11 countries named to the UN watchdog International Atomic Energy Agency's 35-nation board of governors on Thursday. US allies like Ireland and the Philippines were among the incoming 11 while US adversaries Cub
Published 21 Sep, 2007 12:00am
Iran unveils new fighter jet

Iran unveils new fighter jet

Iran unveiled on Thursday a new home-grown fighter jet amid growing tensions with the United States, saying the plane could "blind the eyes" of its enemies. State television showed pictures of two "Saegheh" (Thunder) fighters - said by Iran to be similar
Published 21 Sep, 2007 12:00am
Bush wants peaceful deal over Iran's nuclear drive

Bush wants peaceful deal over Iran's nuclear drive

US President George W. Bush said Thursday he was committed to a peaceful deal to halt Iran's nuclear programme, while vowing to "keep the pressure" up on the Islamic regime through UN sanctions.
Published 21 Sep, 2007 12:00am
Sterling drops to 18-month low

Sterling drops to 18-month low

Sterling dropped to its lowest in 1-1/2 years against a broadly strong euro on Thursday, weakening beyond 70 pence as investors continued to sell the currency on the view UK interest rates have peaked and may be cut. The pound, however, gained against a g
Published 21 Sep, 2007 12:00am
Dollar slumps to all-time low against euro

Dollar slumps to all-time low against euro

The dollar sank to a fresh record lows below $1.40 per euro on Thursday, weighed down by a hefty US interest rate cut earlier this week and expectations of more moves to come.
Published 21 Sep, 2007 12:00am
Indian rupee hits another nine-year high

Indian rupee hits another nine-year high

The Indian rupee hit a nine-year high of 39.85 per dollar on Thursday, taking its gains for the year to 11 percent, stoking expectations of central bank action to curb it and fuelling government concern about exports.
Published 21 Sep, 2007 12:00am
Bonds: credit spreads tighten

Bonds: credit spreads tighten

European credit spreads tightened on Thursday, boosted by forecast-beating results from Goldman Sachs that eased worries about how investment banks have performed in the recent financial market crisis.
Published 21 Sep, 2007 12:00am
Bonds: credit spreads tighten

Bonds: credit spreads tighten

European credit spreads tightened on Thursday, boosted by forecast-beating results from Goldman Sachs that eased worries about how investment banks have performed in the recent financial market crisis.
Published 21 Sep, 2007 12:00am
Thursday's midday trade: indices down on dollar weakness

Thursday's midday trade: indices down on dollar weakness

US stocks edged lower on Thursday as weakness in the dollar raised worries about inflation two days after the Federal Reserve's aggressive interest rate cut. A lowered earnings outlook from package delivery company FedEx Corp raised doubts about growth in
Published 21 Sep, 2007 12:00am
Chinese stocks jump

Chinese stocks jump

Chinese main stock index surged more than 1 percent to a fresh record high on Thursday, led by soaring airline stocks. But turnover shrank as IPOs diverted money from the market. The Shanghai Composite Index ended at 5,470.065 points, after hitting a new
Published 21 Sep, 2007 12:00am
FTSE falls as credit worries bite

FTSE falls as credit worries bite

Britain's top share index fell on Thursday, as worries over Northern Rock and other mortgage lenders returned, halting the previous session's euphoria that was triggered by an aggressive US rate cut. Britain's FTSE 100 index closed 0.48 percent lower at 6
Published 21 Sep, 2007 12:00am
US traders doubt China to import corn this year

US traders doubt China to import corn this year

US corn exports stand to benefit if China curbs its exports or imports the grain to contain food inflation, but high prices would likely deter imports by China this year. China's National Development and Reform Commission (NDRC) said it will encourage imp
Published 21 Sep, 2007 12:00am
Italy's jeweller revamps to compete against Asia

Italy's jeweller revamps to compete against Asia

A business revamp has helped Italy's former No 1 mass market jeweller Uno A Erre boost sales and partially recover market share, its chief executive said. Uno A Erre, founded in 1926 in Arezzo, a major Italian goldsmith centre, has like other Italian jewe
Published 21 Sep, 2007 12:00am
London coffee lower, cocoa and sugar higher

London coffee lower, cocoa and sugar higher

London robusta coffee futures closed down on Thursday, with prices now well below nine-year highs touched earlier this week as investors favoured the New York market over London, dealers said. Cocoa ended higher, just shy of 1,000 pounds per tonne, while
Published 21 Sep, 2007 12:00am
Jakarta wheat imports may rise

Jakarta wheat imports may rise

Indonesia's wheat imports from the United States may grow by 10 percent in 2007/2008 from the previous year because of tight supplies from Australia, a US industry consultant said on Tuesday. Indonesia imported 731,300 tonnes of wheat from the United Stat
Published 21 Sep, 2007 12:00am
New York cotton futures rise

New York cotton futures rise

Cotton futures closed higher on Thursday on speculative and fund short-covering as the rally in other commodity markets quickly reversed a short-lived downward correction in fibre contracts, brokers said. ICE Futures open-outcry December cotton contract r
Published 21 Sep, 2007 12:00am
China, India and US to be hit if platinum rallies

China, India and US to be hit if platinum rallies

China, India and the United States, the major platinum jewellery markets, would be hit hardest if the white metal catches up with the gold rally, a senior executive at Platinum Guild International said on Monday.
Published 21 Sep, 2007 12:00am
Copper hits fresh seven-week high

Copper hits fresh seven-week high

Copper futures prices touched a new seven-week high on Thursday, taking their cue from the weak dollar and improved sentiment after the US Federal Reserve's rate cut earlier this week. Copper for three-month delivery on the London Metal Exchange touched $
Published 21 Sep, 2007 12:00am
Gold hits 28-year high in European trade

Gold hits 28-year high in European trade

Spot gold prices surged to a 28-year high in European trade on Thursday, as the dollar sank to record lows against the euro and oil traded near all-time highs - raising the precious metal's appeal for investors. Gold rose 2 percent to $735.85 an ounce, it
Published 21 Sep, 2007 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Chicago Board of Trade December wheat futures turned down past midday Thursday, losing ground to corn which remained strong as traders moved their money out of wheat and into corn, traders said. The trend began on Wednesday. December wheat was down 3-1/4
Published 21 Sep, 2007 12:00am
US MIDDAY: corn higher

US MIDDAY: corn higher

Chicago Board of Trade corn futures were expected to open 4 to 6 cents a bushel higher on Thursday, buoyed by export demand and the weak dollar as well as carryover buying from unwinding wheat/corn spreads. Overnight screen trends in corn were 4-6 cents h
Published 21 Sep, 2007 12:00am
US MIDDAY: soyabeans up

US MIDDAY: soyabeans up

Soyabean futures at the Chicago Board of Trade were called to open 7 to 10 cents per bushel higher on Thursday, lifted by prospects for demand to pick up as top world soya buyer China considers cutting its import duty on soyabeans, traders said.
Published 21 Sep, 2007 12:00am
US MIDDAY: copper soars

US MIDDAY: copper soars

US copper futures hit a seven-week high in early business on Thursday, as a new record low in the dollar versus the euro boosted the industrial metal's appeal and extended the market's weekly gains, brokers said.
Published 21 Sep, 2007 12:00am
US MIDDAY: gold jumps

US MIDDAY: gold jumps

US gold futures jumped more than 2 percent early on Thursday, adding to the previous session's gains, as the dollar sank to an all-time low against the euro and crude oil again rallied to record highs. Yet, investors should be cautious as weakness in tech
Published 21 Sep, 2007 12:00am
IJT to launch protest movement against MQM

IJT to launch protest movement against MQM

Islami Jamiat-e-Talaba (IJT) will launch countrywide protest from September 25 against the 'terrorism of MQM' and would continue demonstration till registration of FIR against the MQM chief Altaf Hussain and his supporters for 'killing a number of student
Published 21 Sep, 2007 12:00am
Correction

Correction

The financial Highlights table in the "Rafhan Maize Brief Recordings" on September 20, 2007 erroneously contained "ICI" in the table description. It should have been 'Rafhan Maize Financial Highlights'.
Published 21 Sep, 2007 12:00am
Correction

Correction

The financial Highlights table in the "Rafhan Maize Brief Recordings" on September 20, 2007 erroneously contained "ICI" in the table description. It should have been 'Rafhan Maize Financial Highlights'.
Published 21 Sep, 2007 12:00am
Rice crop hit by leaf blight

Rice crop hit by leaf blight

The leaf blight on rice crop, especially on super basmati variety, has been increased in some parts of the rice growing areas, reveals a Directorate General of Pest Warning report.
Published 21 Sep, 2007 12:00am
Auqaf working to develop management system

Auqaf working to develop management system

The Auqaf Department is working on a comprehensive strategy to improve level of services by providing better facilities to the visitors besides ensuring better management and maintenance of Auqaf properties dedicated for religious, pious and charitable pu
Published 21 Sep, 2007 12:00am
Socio-economic uplift of Gwadar women through Jafakash Aurat Project

Socio-economic uplift of Gwadar women through Jafakash Aurat Project

Jafakash Aurat Project, Supporting Skills and Enterprise Development amongst Gwadar Women is a unique project and displays the Government Private Partnership initiative. The project is funded by Ministry of Women Development and executed by Khushhali Bank
Published 21 Sep, 2007 12:00am
Warning signals

Warning signals

Many are the warning signals for our Army bigwigs not to remain in denial and to wake up. Recent massacre of Army Jawans all over Pakistan, surrender by hundreds of soldiers to ragtag Taliban, Lal Masjid mess, desertion of army personnel on foreign missio
Published 21 Sep, 2007 12:00am
'Martey Huae Ghareeb Ko...'

'Martey Huae Ghareeb Ko...'

Kiun is everybody crying and shouting about Atta becoming rarer than gold and getting out of reach of the poor? Pagal brainless people hain the people who cannot afford to buy Atta anymore to feed their family at least half-a-meal a day to survive at the
Published 21 Sep, 2007 12:00am
Living organ donors risk lives to save others

Living organ donors risk lives to save others

While other teenagers were celebrating their high-school graduation, 18-year-old James Chan was in hospital donating most of his liver to his father. "I didn't give it a second thought. It was just something I had to do because my sister was too young (to
Published 21 Sep, 2007 12:00am
Dumping of toxic waste

Dumping of toxic waste

As many as 200 open plots in Karachi's SITE area are being misused by factory owners for dumping toxic waste and other effluents, which poses a grave threat not only to the inhabitants of the nearby localities, but also to the environment of the whole cit
Published 21 Sep, 2007 12:00am
Wheat crisis

Wheat crisis

Ordinary people are sometimes made to suffer from mistaken policies of the government. The price of wheat, which is the main staple diet of all and sundry and largest grain crop of the country, is increasing day by day and nobody has a clue to when it is
Published 21 Sep, 2007 12:00am
ZRG wins international contract

ZRG wins international contract

ZRG international, nation's market leader in the contact center solutions has been selected by Smart Link Inc, Saudi Arabia to deliver flexible open standards based Intel CTI technology.
Published 21 Sep, 2007 12:00am
Stock of oil mill sealed

Stock of oil mill sealed

Pakistan Standards and Quality Control Authority (PSQCA) vigilance team visited M/s Shaikh Oil Mills, Korangi Industrial Area and M/s Farooque Oil Mills Karachi, exercised under the supervision of the Director Conformity Assessment along with Deputy Direc
Published 21 Sep, 2007 12:00am
Five traffic courts to be established in Sindh

Five traffic courts to be established in Sindh

Sindh government has planned to establish five special traffic courts in the province to handle the growing number of traffic related cases, Business Recorder learnt here on Thursday. Sources in the Sindh Law Department said the decision had been t
Published 21 Sep, 2007 12:00am
Tribute to Anita Roddik

Tribute to Anita Roddik

The world mourns the loss of a remarkable human being who embodied the best of both corporate as well as socially responsible values, and taught businesses to succeed with a conscience. Dame Anita Roddik was synonymous with her brainchild, the Body Shop,
Published 21 Sep, 2007 12:00am
FCIBL ratings reaffirmed

FCIBL ratings reaffirmed

The JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the medium to long-term entity rating of First Credit and Investment Bank Limited (FCIBL) at 'BBB+' (Triple B Plus) with a 'Stable' outlook. The short-term rating has also been reaffirmed
Published 21 Sep, 2007 12:00am
FCIBL ratings reaffirmed

FCIBL ratings reaffirmed

The JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the medium to long-term entity rating of First Credit and Investment Bank Limited (FCIBL) at 'BBB+' (Triple B Plus) with a 'Stable' outlook. The short-term rating has also been reaffirmed
Published 21 Sep, 2007 12:00am
JCR-VIS assigns 'A-' to UIL

JCR-VIS assigns 'A-' to UIL

JCR-VIS Credit Rating Company Limited has assigned an Insurer Financial Strength rating of 'A' (Single A Minus) to UBL Insurers Limited (UIL). Outlook on the assigned rating is 'Stable'. The UIL has an experienced management team, which has held a lengthy
Published 21 Sep, 2007 12:00am
JCR-VIS assigns 'A-' to UIL

JCR-VIS assigns 'A-' to UIL

JCR-VIS Credit Rating Company Limited has assigned an Insurer Financial Strength rating of 'A' (Single A Minus) to UBL Insurers Limited (UIL). Outlook on the assigned rating is 'Stable'. The UIL has an experienced management team, which has held a lengthy
Published 21 Sep, 2007 12:00am
Power, desalination plants for Site soon: minister

Power, desalination plants for Site soon: minister

Sindh Minister for Labour, Transport, Industry, Commerce and Cooperation, Muhammad Adil Siddiqui has informed business community that a cabinet meeting scheduled to be held in next few days would give approval for two projects including desalination of se
Published 21 Sep, 2007 12:00am
'Action to be taken against illegal organs transplant centres'

'Action to be taken against illegal organs transplant centres'

The Federal Minister for Health Muhammad Nasir Khan on Thursday said that government would take strict action against illegal transplant centres and hospitals functioning in the country to regulate transplantation of human organs.
Published 21 Sep, 2007 12:00am
114,296 plots of five Marla allotted to shelterless people

114,296 plots of five Marla allotted to shelterless people

Punjab Minister for Colonies Mian Manazar Ali Ranjha has said that process of allotment of state land to the landless farmers would remain continue and more plots of 5-Marla would be distributed among the shelterless people.
Published 21 Sep, 2007 12:00am
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