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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-11-30
Police close Woolmer case after open verdict

Police close Woolmer case after open verdict

Jamaican police closed their investigation into the shock death of Pakistan cricket coach Bob Woolmer in the middle of the World Cup last March after a jury handed down an open verdict in the case. After a lengthy investigation an 11-member inquest jury W
Published 30 Nov, 2007 12:00am
Chavez in close Venezuela vote to expand powers

Chavez in close Venezuela vote to expand powers

President Hugo Chavez needs to rely on a vast get-out-the-vote machine to avoid an unprecedented defeat when Venezuelans cast ballots on Sunday in a referendum on letting him run for re-election indefinitely. Used to winning votes easily, the self-styled
Published 30 Nov, 2007 12:00am
Ivory Coast rebels, army to disarm from December 22

Ivory Coast rebels, army to disarm from December 22

Ivory Coast government troops and rebels controlling the country's north will start to disarm by December 22 before forming a new national army, a foreign peace mediator said on Thursday.
Published 30 Nov, 2007 12:00am
Wafer-thin 'Orange' coalition formed in Ukraine

Wafer-thin 'Orange' coalition formed in Ukraine

Parties linked with Ukraine's "Orange Revolution" formed a wafer-thin majority coalition in parliament on Thursday, with former prime minister Yulia Tymoshenko due to get her job back once a government is formed.
Published 30 Nov, 2007 12:00am
China wary on international climate goals: official

China wary on international climate goals: official

Beijing is reluctant to set itself international targets to fight climate change without financial assistance from industrialised countries, a senior climate change official, Gao Guangsheng, said on Thursday.
Published 30 Nov, 2007 12:00am
Malik outlines injury woes; Kumble vows to wrap up series

Malik outlines injury woes; Kumble vows to wrap up series

Fast bowler Umar Gul will return home after failing to recover from a back injury, adding to Pakistan's fitness problems on the eve of the crucial second Test against India here on Thursday. Pakistan, seeking to avoid their first Test series loss in India
Published 30 Nov, 2007 12:00am
Yasir Arafat to replace Umar Gul

Yasir Arafat to replace Umar Gul

All-rounder Yasir Arafat will replace injured fast bowler Umar Gul in the Pakistan squad preparing for the second test against India starting in Kolkata on Friday. Pakistan selector Saleem Jaffer told Reuters Arafat would fly to India on Thursday night an
Published 30 Nov, 2007 12:00am
Portsmouth manager Redknapp arrested

Portsmouth manager Redknapp arrested

Portsmouth manager Harry Redknapp and chief executive Peter Storrie were among five people arrested on Wednesday by police investigating corruption in football, the Premier League club said.
Published 30 Nov, 2007 12:00am
Korea defence chiefs fail to agree joint fishing zone

Korea defence chiefs fail to agree joint fishing zone

Defence ministers from the two Koreas failed to reach an agreement on Thursday on a joint fishing area in disputed waters off their western coasts, a key reconciliation step sought at a summit in October.
Published 30 Nov, 2007 12:00am
Rebel Indian league offers huge rewards

Rebel Indian league offers huge rewards

Organisers of a rebel Twenty20 league in India on Thursday offered a massive 3.85 million dollars in prize money, claiming it to be the biggest booty ever offered in a cricket tournament.
Published 30 Nov, 2007 12:00am
Roddick, Blake look to beat Russia

Roddick, Blake look to beat Russia

Andy Roddick and James Blake have never lost to Nikolay Davydenko and they don't intend to start now with the Davis Cup title at stake. Fourth-ranked Roddick and 13th-rated Blake lead the Americans, seeking to stretch their record title total to 32, again
Published 30 Nov, 2007 12:00am
Swiss franc falls versus dollar

Swiss franc falls versus dollar

The Swiss franc lost ground against the dollar on Thursday as a return of risk appetite pushed stock markets higher. European bourses looked set to follow stocks in the United States, where the Dow Jones industrial average notched up its biggest percentag
Published 30 Nov, 2007 12:00am
Asian currencies: peso see-saws on flows, mutiny attempt

Asian currencies: peso see-saws on flows, mutiny attempt

The Philippine peso grabbed the spotlight in Asian trading on Thursday, as it swung back and forth from a 7-year high boosted by prospective foreign investment flows and then hurt by news of a military mutiny bid. Other Asian currencies rose, underpinned
Published 30 Nov, 2007 12:00am
Australian dollar retreats from week highs

Australian dollar retreats from week highs

The Australian dollar retreated from one-week highs against the US currency and Japanese yen on Thursday as lingering worries about a global slowdown and weaker domestic data than expected prompted investors to pare holdings.
Published 30 Nov, 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. 68.60/68.61 (previous 68.60/68.61). Call Money Rates: 6.50-10.50 percent (previous 6.50-10.50 percent.
Published 30 Nov, 2007 12:00am
Dollar loses

Dollar loses

The dollar edged lower against the euro and trimmed gains versus other European currencies on Wednesday as comments from a Federal Reserve official and a key economic report affirmed expectations for further rate cuts. The US currency, however, posted ste
Published 30 Nov, 2007 12:00am
Lavrov accuses US of risking OSCE future

Lavrov accuses US of risking OSCE future

Russian Foreign Minister Sergei Lavrov accused Washington on Thursday of threatening the future of the Organisation for Security and Cooperation in Europe (OSCE) by rejecting reform of its election monitoring arm.
Published 30 Nov, 2007 12:00am
'IAEA sealing Russian nuclear-fuel bound for Iran'

'IAEA sealing Russian nuclear-fuel bound for Iran'

Inspectors from the International Atomic Energy Agency (IAEA) are set on Thursday to finish sealing uranium fuel that Russia intends to send to Iran's first atomic power station, a Russian nuclear official said.
Published 30 Nov, 2007 12:00am
EU and Iran hold final talks

EU and Iran hold final talks

EU foreign policy chief Javier Solana will cast final judgement on Friday on whether Iran might be willing to suspend sensitive nuclear activities, with new UN sanctions seeming all but inevitable.
Published 30 Nov, 2007 12:00am
Sarkozy says 'thugocracy' behind French riots

Sarkozy says 'thugocracy' behind French riots

Riots which hit a Paris suburb this week were the work of a "thugocracy" of criminals and not the result of social deprivation, French President Nicolas Sarkozy said on Thursday.
Published 30 Nov, 2007 12:00am
Australia's Rudd names cabinet, signals change

Australia's Rudd names cabinet, signals change

Australia's prime minister-elect Kevin Rudd unveiled his cabinet Thursday, prioritising education, industrial relations and the environment in a break with conservative predecessor John Howard's legacy.
Published 30 Nov, 2007 12:00am
Gun crime crackdown starts in UK

Gun crime crackdown starts in UK

Hundreds of real and imitation firearms were seized during a nationwide "Day of Action" aimed at tackling violent crime among young people, the Home Office said on Thursday.
Published 30 Nov, 2007 12:00am
Extra troops deployed in Kosovo's north

Extra troops deployed in Kosovo's north

A Nato commander said on Thursday that extra US forces were being deployed in Kosovo's Serb-dominated north as tensions rise there after the collapse of independence talks. Based at Camp Nothing Hill, the 90 soldiers were reinforcing some 2,800 peacekeepe
Published 30 Nov, 2007 12:00am
Lebanon to delay vote again

Lebanon to delay vote again

Lebanese leaders will put off a presidential election set for Friday for a sixth time to allow for talks focusing on the army chief's nomination for a post now vacant for a week, political sources said on Thursday.
Published 30 Nov, 2007 12:00am
Sterling dips

Sterling dips

Sterling fell against the dollar and the euro on Thursday as data continued to paint a negative picture of the UK economy, underpinning expectations that the Bank of England could cut rates as early as next month.
Published 30 Nov, 2007 12:00am
OSCE meeting opens

OSCE meeting opens

Europe's security watchdog OSCE opened its annual meeting here Thursday with the focus on Kazakhstan's bid to chair the group and Russia's threat to withdraw from a key arms control treaty.
Published 30 Nov, 2007 12:00am
'US resolved subsidy dispute with China at WTO'

'US resolved subsidy dispute with China at WTO'

The United States has resolved a dispute with China over that country's industrial subsidies, which Washington had challenged at the World Trade Organisation, the top US trade official said on Thursday.
Published 30 Nov, 2007 12:00am
UK summons Sudanese ambassador

UK summons Sudanese ambassador

Britain said on Thursday that a teacher charged with insulting Islam had made an innocent mistake and urged "common sense" to prevail as it called in the Sudanese ambassador. Foreign Secretary David Miliband made the comments as Gillian Gibbons appeared i
Published 30 Nov, 2007 12:00am
Russian businessman gets jail

Russian businessman gets jail

A Russian court sentenced self-exiled Russian businessman and Kremlin critic Boris Berezovsky in absentia on Thursday to six years in prison for embezzling millions of dollars from Aeroflot airline.
Published 30 Nov, 2007 12:00am
More work needed to hit UN world school goal

More work needed to hit UN world school goal

The number of children out of school worldwide has fallen by one-quarter to 72 million from 1999 to 2005 but much more work needs to be done to meet a UN goal of education for all by 2015, a report said on Thursday.
Published 30 Nov, 2007 12:00am
UVAS organises seminar on rabies

UVAS organises seminar on rabies

Chief Executive Officer of Marush (Pvt) Ltd, Dr Muzammal Hussain Shah said in a seminar that rabies is one of the most dangerous zoonotic disease killing one person every 10 minutes world-wide.
Published 30 Nov, 2007 12:00am
ISE: bears stay in front seat

ISE: bears stay in front seat

Bears continued to stay in the front seat at the Islamabad Stock Exchange (ISE) where brokers and investors offloaded their positions to avoid heavy losses amid decrease in index. ISE-10 Index showed a decrease of 11.13 points as the ISE index moved from
Published 30 Nov, 2007 12:00am
ISE: bears stay in front seat

ISE: bears stay in front seat

Bears continued to stay in the front seat at the Islamabad Stock Exchange (ISE) where brokers and investors offloaded their positions to avoid heavy losses amid decrease in index. ISE-10 Index showed a decrease of 11.13 points as the ISE index moved from
Published 30 Nov, 2007 12:00am
Bolivian provinces strike over reforms

Bolivian provinces strike over reforms

Six of Bolivia's nine provinces staged a general strike Wednesday to protest the rewriting of the constitution, a cornerstone of leftist President Evo Morales' reform agenda. The 24-hour strike called by local leaders of the opposition-led provinces paral
Published 30 Nov, 2007 12:00am
White House cuts GDP forecast

White House cuts GDP forecast

The White House raised its US economic growth forecast for 2007 on Thursday but lowered its projection for next year as trouble in the housing and credit markets along with high energy prices take their toll.
Published 30 Nov, 2007 12:00am
US GDP growth surges, jobless claims up

US GDP growth surges, jobless claims up

A surge in inventory-building and robust exports propelled US economic growth ahead at the fastest rate in four years during the third quarter, but a jump in claims for jobless benefits last week underscored the sharp slowdown now under way.
Published 30 Nov, 2007 12:00am
British economy faces uncertain future: BoE governor

British economy faces uncertain future: BoE governor

Bank of England governor Mervyn King said Thursday that a period of uncertainty lies ahead for the British economy amid wider global problems stemming from the US subprime housing crisis.
Published 30 Nov, 2007 12:00am
Cooling UK housing market fuels rate cut hopes

Cooling UK housing market fuels rate cut hopes

British house prices fell in November at their steepest rate for 12 years and home loan approvals dropped to their lowest in nearly three years, boosting bets the central bank may cut interest rates next week. The data released on Thursday were a further
Published 30 Nov, 2007 12:00am
Roadside blast kills five troops in North Waziristan

Roadside blast kills five troops in North Waziristan

A roadside bomb killed five soldiers near the Afghan border on Thursday while 10 villagers were killed in fighting between soldiers and militants in another area, an official and witnesses said.
Published 30 Nov, 2007 12:00am
Traders and industrialists urged to make economy strong

Traders and industrialists urged to make economy strong

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former president and Businessmen Panel co-chairman Iftikhar Ali Malik has urged upon the traders and industrialists to set aside their petty differences and work collectively for making
Published 30 Nov, 2007 12:00am
ICCI urges banking sector to facilitate business community

ICCI urges banking sector to facilitate business community

Country Head, Business Banking consumer clients Chaudhry Naeem Yaseen of ABN Amro Bank in a meeting with President Islamabad Chamber of Commerce and Industry Nasir Khan stressed for the collaboration of chambers with ABN Amro.
Published 30 Nov, 2007 12:00am
KCCI greets Musharraf as civilian President

KCCI greets Musharraf as civilian President

Karachi Chamber of Commerce and Industry (KCCI) has congratulated Pervez Musharraf on taking oath, for the second five-year term, as civilian President of the Islamic Republic of Pakistan.
Published 30 Nov, 2007 12:00am
Business community lauds President's decision

Business community lauds President's decision

Prominent politicians belonging to opposition parties in Sindh including former Speaker of the National Assembly (NA) Illahi Bux Soomro, JUI Secretary General Sindh, Dr Khalid Mehmood Soomro, PPP leader Syed Khursheed Ahmed Shah and other opposition leade
Published 30 Nov, 2007 12:00am
PBF sweeps SCCI polls

PBF sweeps SCCI polls

The Progressive Businessmen Forum (PBF) led by Senator Ilyas Ahmad Bilour has swept elections by winning all four seats of the executive committee of Sarhad Chamber of Commerce and Industry (SCCI). Candidates of two panels Progressive Businessmen Forum an
Published 30 Nov, 2007 12:00am
Defence university delegation visits LCCI

Defence university delegation visits LCCI

A 108-member Armed Forces delegation from the National Defence University on Thursday visited the Lahore Chamber of Commerce and Industry (LCCI) acknowledging it's role played in the economic development and challenges of the country.
Published 30 Nov, 2007 12:00am
Mian Muhammad Ali congratulated

Mian Muhammad Ali congratulated

The Sheikhupura Industry Association has greeted newly-elected Lahore Chamber of Commerce and Industry President Mian Muhammad Ali.
Published 30 Nov, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 Nov, 2007 12:00am
'White revolution milk strategy 2015' explained

'White revolution milk strategy 2015' explained

The first ever "Middle East Pakistan" Agriculture and Dairy Investment Forum held at the Royal Palm here on Thursday. The MAP Services Group organised the forum. Representatives from GCC countries were also present.
Published 30 Nov, 2007 12:00am
Timely completion of projects urged

Timely completion of projects urged

Federal Minister for Communications Barrister Habibur Rehman has called for timely completion of ongoing roads construction and maintenance projects. The minister, while addressing high officials of the ministry and its attached departments here on Thursd
Published 30 Nov, 2007 12:00am
Over three million looted from bank

Over three million looted from bank

Over three million rupees were looted from a local bank by its own security guard along with his four accomplices. Police officials told Business Recorder, here on Thursday, that the guard, discharging his services at Picic commercial bank, Ferozab
Published 30 Nov, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (November 29, 2007).

Published 30 Nov, 2007 12:00am
Samsung gets 32 awards for innovations design

Samsung gets 32 awards for innovations design

Samsung Electronics has won 32 awards for innovations, designs and engineering from International Consumer Electronics Show (CES) 2008, which opens in Las Vegas from January 7-10, 2008.
Published 30 Nov, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 30 Nov, 2007 12:00am
'Delhi UNESCO moot to exchange success experience'

'Delhi UNESCO moot to exchange success experience'

Pakistan's Education Minister, Dr Shamsh Kassim Lakha has said the UNESCO regional conference would provide opportunity to exchange experiences in the field of education.
Published 30 Nov, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Nov, 2007 12:00am
$6.49 million poverty monitoring accord signed with UNDP

$6.49 million poverty monitoring accord signed with UNDP

The Ministry of Finance (MoF) and the United Nations Development Programme (UNDP) Thursday signed an agreement of $6.49 million to improve monitoring capacity of pro-poor policies at the federal and provincial levels.
Published 30 Nov, 2007 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 30 Nov, 2007 12:00am
TIP's anti-corruption recommendations

TIP's anti-corruption recommendations

Transparency International Pakistan (TIP) has suggested various recommendations for combating corruption and has requested the political parties to include these recommendations in their Manifestos' future policy, says a Press Release.
Published 30 Nov, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Nov, 2007 12:00am
Fauji Fertiliser and Unilever clinch best corporate report awards

Fauji Fertiliser and Unilever clinch best corporate report awards

Fauji Fertiliser Company Limited and Unilever Pakistan Limited clinched the Best Corporate Report Awards for the year 2006 over producing outstanding corporate reports. The award was announced by Joint Committee of the Institute of Chartered Accountants o
Published 30 Nov, 2007 12:00am
Controversy over sales tax audit by DRRA

Controversy over sales tax audit by DRRA

The Federal Board of Revenue (FBR) has not devised any clear policy on sales tax audit of those companies, whose audit has already been conducted by the Directorate of Revenue Receipt Audit (DRRA).
Published 30 Nov, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (November 29, 2007).

Published 30 Nov, 2007 12:00am
Speakers underscore need to broaden investors' net

Speakers underscore need to broaden investors' net

Speakers at a seminar on "Karachi Stock Exchange - investment opportunities & potential" have stressed the need for launching an awareness campaign to broaden investors' net on the local share market.
Published 30 Nov, 2007 12:00am
12 civilians, five soldiers killed

12 civilians, five soldiers killed

At least 17 people, including five soldiers, were killed on Thursday in a landmine blast and firefight between militants and government forces in north-west region, officials said.
Published 30 Nov, 2007 12:00am
NCEL extends trading hours

NCEL extends trading hours

The National Commodity Exchange Limited (NCEL) is pleased to announce that due to investors and market participants demand, it has decided to extend its trading hours to 9.00 pm from December 3, 2007 to capture the most liquid period in international gold
Published 30 Nov, 2007 12:00am
THE RUPEE: dollar, euro lower in open market

THE RUPEE: dollar, euro lower in open market

Rates firm in the currency market on Thursday amid oath-taking ceremony session as the President Pervez Musharraf was sworn in for a second term as a civilian leader, a day after quitting as army chief, money experts said. Rising trend was witnessed in th
Published 30 Nov, 2007 12:00am
THE RUPEE: dollar, euro lower in open market

THE RUPEE: dollar, euro lower in open market

Rates firm in the currency market on Thursday amid oath-taking ceremony session as the President Pervez Musharraf was sworn in for a second term as a civilian leader, a day after quitting as army chief, money experts said. Rising trend was witnessed in th
Published 30 Nov, 2007 12:00am
Ufone plans to invest $150 million

Ufone plans to invest $150 million

Ufone has announced expansion of its network amounting to a total of $ 150 million. The envisaged plan focuses on the expansion of the network in terms of capacity and coverage in existing and new cities besides providing high-speed cellular mobile and wi
Published 30 Nov, 2007 12:00am
Jubilation over President's announcement

Jubilation over President's announcement

There was great jubilation among the political workers in the city and other cities of Pakistan over the announcement by President Pervez Musharraf in his address to the nation on Thursday that he will lift the emergency and withdraw the PCO on the 16th o
Published 30 Nov, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 29, 2007).

Published 30 Nov, 2007 12:00am
White House welcomes Musharraf plan to lift emergency

White House welcomes Musharraf plan to lift emergency

The United States on Thursday welcomed President Pervez Musharraf's plan to lift emergency rule on December 16 and urged against any boycott of elections set for three weeks later.
Published 30 Nov, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 29, 2007).

Published 30 Nov, 2007 12:00am
What do people think about elections?

What do people think about elections?

While politicians continue to harp on the oft repeated phrases like lifting of emergency and restoration of 1973 Constitution etc, these slogans it appears have lost the effectiveness and carry no appeal for the voters.
Published 30 Nov, 2007 12:00am
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