AGL 35.20 Decreased By ▼ -0.50 (-1.4%)
AIRLINK 123.23 Decreased By ▼ -10.27 (-7.69%)
BOP 5.04 Increased By ▲ 0.07 (1.41%)
CNERGY 3.91 Decreased By ▼ -0.12 (-2.98%)
DCL 8.15 Decreased By ▼ -0.27 (-3.21%)
DFML 44.22 Decreased By ▼ -3.18 (-6.71%)
DGKC 74.35 Decreased By ▼ -0.65 (-0.87%)
FCCL 24.47 Increased By ▲ 0.22 (0.91%)
FFBL 48.20 Increased By ▲ 2.20 (4.78%)
FFL 8.78 Decreased By ▼ -0.15 (-1.68%)
HUBC 145.85 Decreased By ▼ -8.25 (-5.35%)
HUMNL 10.85 Decreased By ▼ -0.15 (-1.36%)
KEL 4.00 Decreased By ▼ -0.06 (-1.48%)
KOSM 8.00 Decreased By ▼ -0.88 (-9.91%)
MLCF 32.80 Increased By ▲ 0.05 (0.15%)
NBP 57.15 Decreased By ▼ -0.65 (-1.12%)
OGDC 145.35 Increased By ▲ 2.55 (1.79%)
PAEL 25.75 Decreased By ▼ -0.26 (-1%)
PIBTL 5.76 Decreased By ▼ -0.16 (-2.7%)
PPL 116.80 Increased By ▲ 2.20 (1.92%)
PRL 24.00 Decreased By ▼ -0.15 (-0.62%)
PTC 11.05 Decreased By ▼ -0.42 (-3.66%)
SEARL 58.41 Increased By ▲ 0.41 (0.71%)
TELE 7.49 Decreased By ▼ -0.22 (-2.85%)
TOMCL 41.10 Decreased By ▼ -0.04 (-0.1%)
TPLP 8.31 Decreased By ▼ -0.36 (-4.15%)
TREET 15.20 Increased By ▲ 0.12 (0.8%)
TRG 55.20 Decreased By ▼ -4.70 (-7.85%)
UNITY 27.85 Decreased By ▼ -0.15 (-0.54%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 8,528 Increased By 68.1 (0.8%)
BR30 26,868 Decreased By -400.5 (-1.47%)
KSE100 81,459 Increased By 998 (1.24%)
KSE30 25,800 Increased By 331.7 (1.3%)
Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-10-22
South Africans hail 'glory boys' after World Cup win

South Africans hail 'glory boys' after World Cup win

South Africans were on cloud nine on Sunday after their "glory boys" won the rugby World Cup for the second time. "It's hell coming to work after so little sleep and so much drinking, but it was heaven celebrating last night," said Tumelo a 25-year-old sh
Published 22 Oct, 2007 12:00am
Australian Dyson named West Indies coach

Australian Dyson named West Indies coach

Australian John Dyson has been appointed as West Indies coach, the West Indies Cricket Board said on its Web site (windiescricket.com). "The rest of the team management will be identified and appointed subsequently," the Web site added without saying when
Published 22 Oct, 2007 12:00am
Gavaskar calls for bigger role for match referee

Gavaskar calls for bigger role for match referee

International Cricket Council's cricket committee chairman Sunil Gavaskar has called for a bigger role for the match referee following an acrimonious one-day series between Australia and India.
Published 22 Oct, 2007 12:00am
Malik and Pakistan team fined for slow play: ICC

Malik and Pakistan team fined for slow play: ICC

Shoaib Malik and the Pakistan team have been fined for slow play, the International Cricket Council said on Saturday, following their 25-run victory over South Africa in their second day-night international at the Gaddafi Stadium in Lahore on Saturday.
Published 22 Oct, 2007 12:00am
British explorer to measure depth of Arctic ice cap

British explorer to measure depth of Arctic ice cap

A British explorer who was the first man to reach the North Pole solo announced plans on October 16 to lead an expedition to measure the thickness of the Arctic ice caps.
Published 22 Oct, 2007 12:00am
IPCC chief urges action on global warming

IPCC chief urges action on global warming

The head of the UN climate panel that shared the Nobel Peace Prize last week said there was still time for the world to turn around the global warming trend as he visited Japan for talks.
Published 22 Oct, 2007 12:00am
Water pollution at 'alarming' levels in China: ADB

Water pollution at 'alarming' levels in China: ADB

Water pollution may have reached alarming levels in China, after three decades of industrialisation that lifted nearly half a billion people out of poverty, the Asian Development Bank said on October 18.
Published 22 Oct, 2007 12:00am
Programme launched to counter tuberculosis drug shortfalls

Programme launched to counter tuberculosis drug shortfalls

The World Health Organisation (WHO) and an international initiative launched a programme to provide anti-tuberculosis drugs to people in poor countries who are unable to cover their full medical needs.
Published 22 Oct, 2007 12:00am
Malaysia to produce first 'halal' meningitis vaccine

Malaysia to produce first 'halal' meningitis vaccine

Malaysia said on October 16 it plans to develop a "halal" meningitis vaccine jointly with Cuba within the next two years. The 3.6 million ringgit (one million dollar) vaccine is aimed at the thousands of Muslims who are infected with the disease during th
Published 22 Oct, 2007 12:00am
Carbon saving focus seen threat to EU bioethanol

Carbon saving focus seen threat to EU bioethanol

A growing emphasis on reducing greenhouse gases might not be a boon for European bioethanol and could actually hurt the industry, the head of a major biofuel company said on Wednesday.
Published 22 Oct, 2007 12:00am
Heart deaths, suicides up after weightloss surgery: study

Heart deaths, suicides up after weightloss surgery: study

Among people who have undergone so-called bariatric surgery for obesity, death rates are higher than seen among other people of the same age, new research shows. In particular, deaths due to suicide and coronary heart disease are higher than might be expe
Published 22 Oct, 2007 12:00am
Three million hepatitis patients in Sindh

Three million hepatitis patients in Sindh

The Director-General, Sindh Health Services, Dr Hadi Bux Jatoi, has expressed concern over the increasing number of Hepatitis patients in Sindh, and emphasised the need for effective measures on war footing basis.
Published 22 Oct, 2007 12:00am
Widespread weight loss may reap health benefits

Widespread weight loss may reap health benefits

If a large swath of the population cut down on calories and took up exercise, the resulting health benefits could be extensive, a new study suggests. The findings are based on an analysis of the economic crisis in Cuba from 1989 to 2000.
Published 22 Oct, 2007 12:00am
YouTube launches video piracy blocker

YouTube launches video piracy blocker

YouTube on Monday put in place software to block the posting of pirated videos and appease content owners that accuse the popular website of being a willing accomplice to copyright abuses. YouTube Video Identification is billed as an anti-piracy platform
Published 22 Oct, 2007 12:00am
Indian city to webcast funerals for overseas mourners

Indian city to webcast funerals for overseas mourners

The south Indian city of Chennai is planning to videotape and webcast Catholic funerals for the benefit of overseas mourners unable to attend, the city's cemeteries board said on Friday.
Published 22 Oct, 2007 12:00am
Smokers may find redemption on mobile phones

Smokers may find redemption on mobile phones

For millions of smokers itching to quit, new Web-based technologies are promising to stand by you like a close friend through those dark days of stress and withdrawal. Internet sites and discussion forums, dedicated to kicking the nicotine habit, have bee
Published 22 Oct, 2007 12:00am
Nokia upgrades multimedia device; targets Apple

Nokia upgrades multimedia device; targets Apple

Nokia is introducing an upgraded version of a wireless multimedia device without a phone, the company said on Wednesday, as it takes aim at Apple Inc's iPod Touch.
Published 22 Oct, 2007 12:00am
US and Unesco to cooperate on global digital library

US and Unesco to cooperate on global digital library

The US Library of Congress and Unesco will cooperate to develop a digital library of works from around the world, the United Nations Educational, Scientific and Cultural Organisation said on Wednesday.
Published 22 Oct, 2007 12:00am
Surprise! Internet actually a boon for books

Surprise! Internet actually a boon for books

So much for longstanding predictions that the Internet would crush the book publishing industry with digital readers and online sales of used books.
Published 22 Oct, 2007 12:00am
Apple to unleash Leopard operating system on 26th

Apple to unleash Leopard operating system on 26th

Apple announced on Tuesday that its new Leopard operating system will debut in stores on October 26, four months later than originally planned due to a shift of resources for the iPhone launch. The Leopard operating system crafted for Apple's Macintosh co
Published 22 Oct, 2007 12:00am
Creation of global cyber-security roadmap agreed

Creation of global cyber-security roadmap agreed

Experts at a UN-backed conference have agreed to jointly take action to combat the constantly evolving and increasingly sophisticated challenges posed by cyber-crime.
Published 22 Oct, 2007 12:00am
Skype and UK's 3 working on mobile Internet phone

Skype and UK's 3 working on mobile Internet phone

EBay Inc's Skype is working with British mobile phone service operator 3 to produce a handset that will allow users in Britain to make free calls on the Internet, a spokesman for the company said on Friday.
Published 22 Oct, 2007 12:00am
Google and IBM work on parallel computing push

Google and IBM work on parallel computing push

Google Inc and IBM said on Monday they are providing hardware and software to universities to promote so-called parallel computing, a programming technique used to crunch large amounts of data.
Published 22 Oct, 2007 12:00am
Chinese computers get hit by holiday viruses

Chinese computers get hit by holiday viruses

Viruses infected nearly a million Chinese computers over last week's National Day holiday when many chose to stay home and surf the Internet rather than go out, state media said on Monday.
Published 22 Oct, 2007 12:00am
BBC to use new video technology

BBC to use new video technology

Adobe Systems Inc said on Monday the BBC will use its Flash software to broadcast video and audio from its Web site, giving the Web content software company another high-profile customer.
Published 22 Oct, 2007 12:00am
Johnson & Johnson third quarter profit falls

Johnson & Johnson third quarter profit falls

Johnson & Johnson (J&J) on October 16 said third-quarter profit fell, hurt by restructuring charges and weak demand for its Procrit anemia drug, but the results handily beat Wall Street expectations. The diversified health-care company said it earned $2.5
Published 22 Oct, 2007 12:00am
Johnson & Johnson third quarter profit falls

Johnson & Johnson third quarter profit falls

Johnson & Johnson (J&J) on October 16 said third-quarter profit fell, hurt by restructuring charges and weak demand for its Procrit anemia drug, but the results handily beat Wall Street expectations. The diversified health-care company said it earned $2.5
Published 22 Oct, 2007 12:00am
Lagardere fingers Villepin over EADS share scandal

Lagardere fingers Villepin over EADS share scandal

Arnaud Lagardere, Chief Executive of the Lagardere group of companies, said on October 15 that the French prime minister's office was fully apprised of its controversial sale of shares in the aerospace giant EADS in early 2006.
Published 22 Oct, 2007 12:00am
Lagardere fingers Villepin over EADS share scandal

Lagardere fingers Villepin over EADS share scandal

Arnaud Lagardere, Chief Executive of the Lagardere group of companies, said on October 15 that the French prime minister's office was fully apprised of its controversial sale of shares in the aerospace giant EADS in early 2006.
Published 22 Oct, 2007 12:00am
China shipper CSCL plans fleet expansion via listing

China shipper CSCL plans fleet expansion via listing

China Shipping Container Lines Co aims to list in Shanghai before the end of 2007 to buy container assets from its state parent and fund a 44-percent fleet expansion by early 2012, a senior executive said.
Published 22 Oct, 2007 12:00am
Nomura exits US subprime market after big loss

Nomura exits US subprime market after big loss

Japan's Nomura Holdings Inc announced on October 16 its exit from the US market for mortgage-backed securities after suffering large losses because of the subprime loan crisis.
Published 22 Oct, 2007 12:00am
Nomura exits US subprime market after big loss

Nomura exits US subprime market after big loss

Japan's Nomura Holdings Inc announced on October 16 its exit from the US market for mortgage-backed securities after suffering large losses because of the subprime loan crisis.
Published 22 Oct, 2007 12:00am
Ericsson dives on profit warning as clouds loom over sector

Ericsson dives on profit warning as clouds loom over sector

Ericsson saw its share price dive 24 percent on October 16 after the world's leading mobile networks maker said its third quarter earnings would be lower than expected, confirming a slowdown in the networks sector amid rising competition from Asia.
Published 22 Oct, 2007 12:00am
Ericsson dives on profit warning as clouds loom over sector

Ericsson dives on profit warning as clouds loom over sector

Ericsson saw its share price dive 24 percent on October 16 after the world's leading mobile networks maker said its third quarter earnings would be lower than expected, confirming a slowdown in the networks sector amid rising competition from Asia.
Published 22 Oct, 2007 12:00am
Rosneft profits up 21 percent

Rosneft profits up 21 percent

Russian oil major Rosneft on October 17 announced net profits, barring exceptional items, of 2.347 billion dollars (1.7 billion euros) for the first half of 2007, a 20.9 percent rise on the same period last year.
Published 22 Oct, 2007 12:00am
Rosneft profits up 21 percent

Rosneft profits up 21 percent

Russian oil major Rosneft on October 17 announced net profits, barring exceptional items, of 2.347 billion dollars (1.7 billion euros) for the first half of 2007, a 20.9 percent rise on the same period last year.
Published 22 Oct, 2007 12:00am
Mitsui Life to cut more hedged foreign bonds

Mitsui Life to cut more hedged foreign bonds

Mitsui Life Insurance Co, Japan's No. 5 insurer, said on October 15 that it plans to further cut its holdings of hedged foreign bonds in the second half of fiscal 2007/08 through March due to high hedging costs.
Published 22 Oct, 2007 12:00am
Mitsui Life to cut more hedged foreign bonds

Mitsui Life to cut more hedged foreign bonds

Mitsui Life Insurance Co, Japan's No. 5 insurer, said on October 15 that it plans to further cut its holdings of hedged foreign bonds in the second half of fiscal 2007/08 through March due to high hedging costs.
Published 22 Oct, 2007 12:00am
BoA CEO 'very disappointed' as profits slow

BoA CEO 'very disappointed' as profits slow

Bank of America's (BoA) chief executive admitted disappointment on October 18 as the banking giant's third quarter profit slowed sharply to 3.7 billion dollars largely due to swelling investment losses.
Published 22 Oct, 2007 12:00am
BoA CEO 'very disappointed' as profits slow

BoA CEO 'very disappointed' as profits slow

Bank of America's (BoA) chief executive admitted disappointment on October 18 as the banking giant's third quarter profit slowed sharply to 3.7 billion dollars largely due to swelling investment losses.
Published 22 Oct, 2007 12:00am
Chinese bank helps British Airways fund new planes

Chinese bank helps British Airways fund new planes

The Industrial and Commercial Bank of China (ICBC) has provided debt financing for the purchase of 36 new planes by British Airways, the Sunday Telegraph here reported. The bank was one of the lead debt providers on the deal last month, the paper said, wh
Published 22 Oct, 2007 12:00am
Chinese bank helps British Airways fund new planes

Chinese bank helps British Airways fund new planes

The Industrial and Commercial Bank of China (ICBC) has provided debt financing for the purchase of 36 new planes by British Airways, the Sunday Telegraph here reported. The bank was one of the lead debt providers on the deal last month, the paper said, wh
Published 22 Oct, 2007 12:00am
Citigroup third quarter profit falls 57 percent

Citigroup third quarter profit falls 57 percent

Citigroup Inc, the largest US bank, said on October 15 that third-quarter profit fell 57 percent, hurt by losses and writedowns for subprime and leveraged loans, fixed-income trading and weakness in its consumer business. Net income fell to $2.38 billion,
Published 22 Oct, 2007 12:00am
Citigroup third quarter profit falls 57 percent

Citigroup third quarter profit falls 57 percent

Citigroup Inc, the largest US bank, said on October 15 that third-quarter profit fell 57 percent, hurt by losses and writedowns for subprime and leveraged loans, fixed-income trading and weakness in its consumer business. Net income fell to $2.38 billion,
Published 22 Oct, 2007 12:00am
Philippine remittance firm eyes US after IPO

Philippine remittance firm eyes US after IPO

A Philippine firm will be the first money transfer company to list on the local stock market this week, cashing in on a growing remittance business that shatters records year after year.
Published 22 Oct, 2007 12:00am
Delta Air profit jumps on higher revenue

Delta Air profit jumps on higher revenue

Delta Air Lines Inc, which emerged from bankruptcy at the end of April, posted higher-than-expected quarterly profit on October 16, boosted by international flying.
Published 22 Oct, 2007 12:00am
Delta Air profit jumps on higher revenue

Delta Air profit jumps on higher revenue

Delta Air Lines Inc, which emerged from bankruptcy at the end of April, posted higher-than-expected quarterly profit on October 16, boosted by international flying.
Published 22 Oct, 2007 12:00am
De Beers sees 'reasonable' 2007 with robust market

De Beers sees 'reasonable' 2007 with robust market

The global diamond market has proved robust in the face of a credit crisis and rough prices have held up, the managing director of De Beers, the world's largest producer said on October 16.
Published 22 Oct, 2007 12:00am
Dana Gas raises Islamic bond sale to $1 billion

Dana Gas raises Islamic bond sale to $1 billion

United Arab Emirates-based energy company Dana Gas said on Sunday it had increased the size of its convertible Islamic bond sale to $1 billion to take advantage of demand. The $125 million increase in the Islamic bond, or sukuk, is the company's second in
Published 22 Oct, 2007 12:00am
Dana Gas raises Islamic bond sale to $1 billion

Dana Gas raises Islamic bond sale to $1 billion

United Arab Emirates-based energy company Dana Gas said on Sunday it had increased the size of its convertible Islamic bond sale to $1 billion to take advantage of demand. The $125 million increase in the Islamic bond, or sukuk, is the company's second in
Published 22 Oct, 2007 12:00am
Israel banks need to improve to reach OECD: central bank

Israel banks need to improve to reach OECD: central bank

Israel's banks need to improve their capital adequacy and problem debt ratios to reach the average of Western countries, the Bank of Israel said on Sunday. Israel last May was one of five countries invited to begin membership talks with the Organisation f
Published 22 Oct, 2007 12:00am
UAE port giant to float 20 percent stake

UAE port giant to float 20 percent stake

Dubai port operator DP World announced on Sunday that it will sell around 20 percent of its shares in an initial public offering (IPO) starting on November 4. DP World, one of the world's largest container-port operators, declined to declare the value of
Published 22 Oct, 2007 12:00am
China must do more to cut trade imbalances: EU

China must do more to cut trade imbalances: EU

China must do more to remedy increasing trade imbalances with the European Union if it wants its relationship with the bloc to continue to grow, EU trade commissioner Peter Mandelson said on Sunday.
Published 22 Oct, 2007 12:00am
Let markets boost their transparency, suggests Dodge

Let markets boost their transparency, suggests Dodge

Policy makers should be wary of imposing new regulations on financial institutions and credit agencies in the aftermath of this summer's credit crunch and just let market forces improve transparency, outgoing Bank of Canada Governor David Dodge said on Su
Published 22 Oct, 2007 12:00am
Bangladesh BOI to restrict foreign workers

Bangladesh BOI to restrict foreign workers

Bangladesh's Board of Investment (BOI) has decided to ban unskilled foreign workers, to create more opportunities for locals, BOI officials said on Sunday. "From now on, no unskilled foreign national whose monthly earnings are less than $500 will be allow
Published 22 Oct, 2007 12:00am
US seeks swift end to WTO talks: Russia

US seeks swift end to WTO talks: Russia

Russia's Finance Minister Alexei Kudrin said late on Saturday that US officials have expressed the wish to conclude as quickly as possible multilateral talks on Russia's accession to the World Trade Organisation (WTO).
Published 22 Oct, 2007 12:00am
French rail system returns to normal after strike

French rail system returns to normal after strike

Rail traffic in France largely returned to normal on Sunday after days of disruption caused by a strike over pension rights. Metro services in Paris, which had been badly hit by the strike, were back to normal. Bus, tram and suburban rail services were al
Published 22 Oct, 2007 12:00am
China's Africa push: who stands to benefit?

China's Africa push: who stands to benefit?

China's push into Africa is prompting growing interest over Beijing's motives in the world's poorest continent with opinion divided over who stands to benefit most.
Published 22 Oct, 2007 12:00am
Gunmen seize seven from Nigerian oilfield

Gunmen seize seven from Nigerian oilfield

Heavily armed gunmen in speedboats kidnapped seven workers, including three foreigners, from an offshore Nigerian oilfield in a major setback to peace in the Niger Delta.
Published 22 Oct, 2007 12:00am
New leaders, economic plans in China consolidate Hu Jintao

New leaders, economic plans in China consolidate Hu Jintao

China's Communist Party on Sunday endorsed Hu Jintao's new economic model for the country, while opening the way for a top leadership reshuffle that will likely see the president consolidate his power.
Published 22 Oct, 2007 12:00am
Rising inflation riles Russians ahead of elections

Rising inflation riles Russians ahead of elections

It's hard enough living on a pension of 500 dollars (350 euros) a month in Moscow. Now Moisei Kelmanovich has to cope with rising inflation and his faith in politicians is taking another hit.
Published 22 Oct, 2007 12:00am
Gulf states to discuss delaying monetary union

Gulf states to discuss delaying monetary union

Gulf Arab oil producers could push back the 2010 deadline for regional monetary union at a meeting this month, Saudi Arabia's finance minister said in remarks published on Sunday. "We will discuss ... issues, including the possibility of pushing the timet
Published 22 Oct, 2007 12:00am
Jakarta shares to remain volatile

Jakarta shares to remain volatile

Indonesian share prices were expected to fluctuate increasingly next week as the market remains volatile but with an upwards bias due to regional sentiment, dealers said on Friday.
Published 22 Oct, 2007 12:00am
Singapore shares seen weighed down by oil prices

Singapore shares seen weighed down by oil prices

Soaring oil prices are expected to cast a shadow over Singapore stocks trading due to concerns they could slow down economic growth, dealers said. For the week ended October 19, the Straits Times Index (STI) fell 109.27 points, or 2.83 percent, to 3,747.9
Published 22 Oct, 2007 12:00am
Thailand shares likely to move up

Thailand shares likely to move up

Thai share prices are expected to rise next week on gains in the energy sector on the back of soaring global oil prices, which hit a record high 90 dollars per barrel, dealers said.
Published 22 Oct, 2007 12:00am
JGB futures hit one-month high as stocks drop

JGB futures hit one-month high as stocks drop

Japanese government bond futures hit a one-month high on Friday, boosted by a sharp fall in Tokyo shares, while renewed expectations for a Federal Reserve rate cut this month raised doubts about the likelihood of a Bank of Japan rate hike this year.
Published 22 Oct, 2007 12:00am
JGB futures hit one-month high as stocks drop

JGB futures hit one-month high as stocks drop

Japanese government bond futures hit a one-month high on Friday, boosted by a sharp fall in Tokyo shares, while renewed expectations for a Federal Reserve rate cut this month raised doubts about the likelihood of a Bank of Japan rate hike this year.
Published 22 Oct, 2007 12:00am
Asian currencies mixed against dollar

Asian currencies mixed against dollar

Asian currencies ended the week mixed against the US dollar, with the yen climbing but the Australian and New Zealand dollars down.
Published 22 Oct, 2007 12:00am
Malaysian shares expected to be range-bound

Malaysian shares expected to be range-bound

Malaysian share prices are expected to be range-bound, with investors still cautious amid persistently high oil prices, dealers said. "The local market's performance may not be as good as other regional markets, but it is up to our expectation," said Tere
Published 22 Oct, 2007 12:00am
Hong Kong shares heading to calmer waters

Hong Kong shares heading to calmer waters

Hong Kong's roaring stock market will calm, but fundamentals remain strong and the benchmark index will see more trading above the 30,000-point mark, dealers said.
Published 22 Oct, 2007 12:00am
Bears prowl Wall Street as jitters grow on outlook

Bears prowl Wall Street as jitters grow on outlook

A horrific week on Wall Street has put the bears in command as the market braces for more bleak news from the US housing front and earnings that may show how companies are weathering the storm.
Published 22 Oct, 2007 12:00am
Taiwan shares see support from adequate liquidity

Taiwan shares see support from adequate liquidity

Taiwan share prices are expected to benefit from adequate liquidity next week with buying interest rotating to the bellwether electronic sector, dealers said Friday.
Published 22 Oct, 2007 12:00am
London equities may focus on energy

London equities may focus on energy

British investors, nursing heavy losses after a turbulent week, will track surging oil prices amid the latest results from energy titans BP and Royal Dutch Shell. The FTSE 100 index plunged by 3.01 percent or 202.8 points to end the week on Friday at 6,52
Published 22 Oct, 2007 12:00am
Seoul shares may depict weak trend

Seoul shares may depict weak trend

South Korean share prices are expected to undergo a short-term correction in the coming week because of concerns over high oil prices and other external factors, dealers said Friday.
Published 22 Oct, 2007 12:00am
Australian shares likely to see correction

Australian shares likely to see correction

Australian share prices may fall next week as investors take profits but the underlying trend is still up and the benchmark index could hit the 7000 mark by year-end, dealers said Friday. Over the week the benchmark S&P/ASX 200 index lost 42.6 points or 0
Published 22 Oct, 2007 12:00am
Tokyo shares may take cue from currency markets

Tokyo shares may take cue from currency markets

Japanese stocks will likely to take their cue from currency markets and a slew of corporate results amid nervousness about the impact of the stronger yen on exporter earnings, dealers said on Friday.
Published 22 Oct, 2007 12:00am
Rudd wins televised election debate

Rudd wins televised election debate

Australia's political leaders faced off in the only televised debate of the election campaign on Sunday and analysts said Labour's Kevin Rudd had won a clear victory over conservative Prime Minister John Howard. Howard, 68, has been in office 11 years but
Published 22 Oct, 2007 12:00am
Iran insists no nuclear shift after Larijani

Iran insists no nuclear shift after Larijani

Iran insisted on Sunday that its policy in the nuclear crisis with the West would not change after the sudden resignation of chief negotiator Ali Larijani, amid fears his successor would take an even tougher line.
Published 22 Oct, 2007 12:00am
'Weak need landmines to fight strong foe'

'Weak need landmines to fight strong foe'

Libyan leader Muammar Gaddafi has defended the use of landmines by weak countries countering aggression by stronger adversaries, and said the Ottawa treaty banning anti-personnel mines should be amended or scrapped.
Published 22 Oct, 2007 12:00am
US forces kill 49 in Baghdad Shia stronghold

US forces kill 49 in Baghdad Shia stronghold

US forces killed 49 people in fierce fighting with militants in Baghdad's Shia stronghold of Sadr City on Sunday during a raid targeting an Iranian-linked insurgent, the military said.
Published 22 Oct, 2007 12:00am
First Indian becomes US state governor

First Indian becomes US state governor

The son of Punjabi immigrants won an election in Louisiana to become the first Indian-American US state governor, media reports said Sunday. Piyush "Bobby" Jindal, 36, a Republican member of the House of Representatives, is also the first non-white to hol
Published 22 Oct, 2007 12:00am
Pentagon chief in Ukraine to seek help

Pentagon chief in Ukraine to seek help

US Defence Secretary Robert Gates will ask Ukraine and other eastern European countries this week to send troops to Afghanistan to cover a shortfall in trainers for the Afghan army, a senior US defence official said.
Published 22 Oct, 2007 12:00am
30 killed in Afghanistan

30 killed in Afghanistan

Security forces said Sunday they killed about 30 rebels in new operations while two Afghan civilians died in separate incidents in an insurgency which is now heading for its seventh year.
Published 22 Oct, 2007 12:00am
Pelosi's judgement questioned over Armenia

Pelosi's judgement questioned over Armenia

Democrat Nancy Pelosi's pledge of a new direction took a detour when she fumbled an Armenian genocide resolution and raised questions about her leadership as the highest ranking member of the US Congress.
Published 22 Oct, 2007 12:00am
Scepticism, anger on both sides of Middle East conflict

Scepticism, anger on both sides of Middle East conflict

Israeli cable technician Elram Weitzman thinks the Palestinians deserve a state of their own. But he doesn't spend too much time thinking about it. "They should have their own country-as long as it's not ours," said the 22-year-old from Jerusalem between
Published 22 Oct, 2007 12:00am
DPRK envoy in Syria for nuclear talks

DPRK envoy in Syria for nuclear talks

A top North Korean official was holding talks in Syria on Sunday, amid reports-strongly denied by both countries-that Pyongyang was helping Damascus develop a nuclear programme.
Published 22 Oct, 2007 12:00am
EU mission fails to unite Lebanon foes

EU mission fails to unite Lebanon foes

A session of parliament due on Tuesday to elect Lebanon's next president is expected to be postponed, analysts said on Sunday, after an EU diplomatic mission failed to break a political deadlock.
Published 22 Oct, 2007 12:00am
Assad backing for Turkish action in Iraq denied

Assad backing for Turkish action in Iraq denied

Syria denied on Sunday that its President Bashar al-Assad had given his backing to any Turkish military strike against Kurdish rebels in Iraq, as tensions mounted on the Iraqi-Turkish border.
Published 22 Oct, 2007 12:00am
First Malaysian astronaut returns to Earth

First Malaysian astronaut returns to Earth

Two Russian cosmonauts and the first Malaysian in space returned to Earth on Sunday after leaving the orbiting International Space Station, Russian mission control announced.
Published 22 Oct, 2007 12:00am
Fatah accused of ambushing Olmert

Fatah accused of ambushing Olmert

Israel on Sunday accused militants from Palestinian president Mahmud Abbas's Fatah movement of trying to ambush Israeli Prime Minister Ehud Olmert's convoy in the West Bank last summer.
Published 22 Oct, 2007 12:00am
The Karachi carnage of October 18

The Karachi carnage of October 18

The bombing at the procession of Pakistan Peoples Party on October 18, 2007, was an unprecedented tragedy, which left hundreds killed and wounded. The PPP and government should not have planned/allowed such big procession/rally and party gathering consumi
Published 22 Oct, 2007 12:00am
Premature retirement

Premature retirement

Finally Inzamam-ul-Haq bowed out of the cricket arena after playing his last Test match against South Africa at Lahore. For many commentators of the game this is a premature end of a cricketing career of a great cricketer who admirably served Pakistan for
Published 22 Oct, 2007 12:00am
Rover's Diary: the agenda for political parties

Rover's Diary: the agenda for political parties

Through out the day on 18th October local television channels talked about Benazir Bhutto's return and her reception. As the day proceeded some channels asked the question whether the security threat she had been talking about before coming to Pakistan wa
Published 22 Oct, 2007 12:00am
Nuclear reactors for sale

Nuclear reactors for sale

On a strip of France's Channel coast cranes, trucks and cement silos are hard at work preparing the world's most powerful nuclear reactor and showcase of French atomic savoir-faire.
Published 22 Oct, 2007 12:00am
Shipping in the 21st century

Shipping in the 21st century

Pakistan's ship owning industry virtually collapsed and was left with 14 overage vessels owned by PNSC, a public sector organisation. The management is sincerely trying to mitigate the losses of past and finds it difficult to show Pak Flag worldwide due t
Published 22 Oct, 2007 12:00am
Previous Day