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Print - 2007-12-16
Gadhafi ends French visit, heads to Spain

Gadhafi ends French visit, heads to Spain

Libyan leader Moamer Gadhafi left Paris Saturday and headed for Spain, after facing a barrage of criticism during his visit to France over past links to terrorism and accusations of ignoring human rights. Gadhafi boarded the Libyan airliner Ifriqyiah for
Published 16 Dec, 2007 12:00am
Western powers press Lebanon to fill vacant presidency

Western powers press Lebanon to fill vacant presidency

A US envoy urged feuding Lebanese politicians on Saturday to elect a new president to restore "dignity" to a position vacant for three weeks, as France warned a vote set for the coming week is the "last chance" to resolve the crisis.
Published 16 Dec, 2007 12:00am
Yacht built for Saddam on sale for 23.5 million euros

Yacht built for Saddam on sale for 23.5 million euros

A super-yacht built for former Iraqi dictator Saddam Hussein is awaiting a buyer in the port of Nice, with an asking price of 23.5 million euros, according to a specialist website. The 82-metre (270-feet) Ocean Breeze, built in 1981 by Danish shipyard Hel
Published 16 Dec, 2007 12:00am
EU to help Myanmar refugees in Bangladesh

EU to help Myanmar refugees in Bangladesh

The European Commission said Saturday it had boosted aid to Bangladesh to more than 10.5 million euros (15 million dollars) with a new package to relocate thousands of Myanmar refugees. The latest amount of 1.5 million euros is in addition to 2.5 million
Published 16 Dec, 2007 12:00am
Malaysia rejects US criticism of detentions

Malaysia rejects US criticism of detentions

Malaysia has told the United States to give fair trials to detainees at its Cuban military prison before criticising it for holding five ethnic Indians, a report said Saturday. The United States demanded Thursday that Malaysia provide fair treatment to fi
Published 16 Dec, 2007 12:00am
Militants strike Baghdad neighbourhood patrols

Militants strike Baghdad neighbourhood patrols

Gunmen and bombers launched three attacks on US-backed neighbourhood security patrols in Baghdad on Saturday, killing at least three of the patrol members and wounding 17. US forces in Iraq have increasingly relied on neighbourhood patrols to keep peace i
Published 16 Dec, 2007 12:00am
Russian Communist leader nominated for presidency

Russian Communist leader nominated for presidency

Russian Communist Party leader Gennady Zyuganov was nominated as his party's candidate for a presidential election in March 2008 at a congress near Moscow on Saturday, an AFP reporter saw. A total of 215 out of the 218 delegates at the congress voted for
Published 16 Dec, 2007 12:00am
Turkey detains seven over immigrant boat tragedy: Anatolia

Turkey detains seven over immigrant boat tragedy: Anatolia

Turkish police on Saturday arrested seven suspected human traffickers following the deaths of at least 50 illegal migrants in a boat tragedy in the Aegean Sea, the Anatolia news agency said. Police in the western city of Izmir, where the suspects were det
Published 16 Dec, 2007 12:00am
Impoverished Yemen seeks Gulf jobs

Impoverished Yemen seeks Gulf jobs

Yemen has asked for an annual quota of jobs in the expatriate workforce of its oil-rich Gulf neighbours for its impoverished population, the official Saba news agency said on Saturday.
Published 16 Dec, 2007 12:00am
Fire breaks out on Japanese warship: defence official

Fire breaks out on Japanese warship: defence official

A fire broke out on a Japanese destroyer anchored in Yokosuka base near Tokyo, injuring four crew members and taking firemen seven hours to extinguish, a Japanese defence official said Saturday.
Published 16 Dec, 2007 12:00am
Serbia faces radicalisation after EU conclusions

Serbia faces radicalisation after EU conclusions

The EU summit decision Friday to deploy a law- enforcing mission to Kosovo and prepare for the independence of the province looks set to be followed by radicalisation in Serbia.The conclusions of the Brussels summit were "especially abusive and unacceptab
Published 16 Dec, 2007 12:00am
Bomb wounds 12 soldiers near Somali parliament

Bomb wounds 12 soldiers near Somali parliament

A roadside bomb wounded at least 12 Somali soldiers in Baidoa and two people were killed in violence in Mogadishu on Saturday. The attacks in the capital and the south-central town hosting Somalia's parliament came after two days of fighting in Mogadishu
Published 16 Dec, 2007 12:00am
Hakim confident Iraqi forces can keep order in Basra

Hakim confident Iraqi forces can keep order in Basra

One of Iraq's most influential Shiite figures has said he is confident the country's security forces will be able to maintain order in the mainly Shiite province of Basra, which is to be handed over by British troops on Sunday.
Published 16 Dec, 2007 12:00am
Four die in illegal gold mine in Vietnam

Four die in illegal gold mine in Vietnam

Four men have died while working in an illegal gold mine in Vietnam, a police source said Saturday. The four miners, aged between 20 and 21, died Thursday and are believed to have suffocated in the well in central Quang Nam province, a local police source
Published 16 Dec, 2007 12:00am
Tens of thousands gather for Hamas anniversary in Gaza

Tens of thousands gather for Hamas anniversary in Gaza

Tens of thousands of people rallied in central Gaza City on Saturday to mark Hamas's 20th anniversary, in a show of force six months after the Islamist movement seized control of the territory.
Published 16 Dec, 2007 12:00am
Philippine Muslim rebels reject government homeland plan

Philippine Muslim rebels reject government homeland plan

Philippine Muslim rebels on Saturday rejected a government draft on a proposed ancestral homeland for Muslims in southern Philippines, officials said, dealing a surprise blow to peace talks.
Published 16 Dec, 2007 12:00am
Strong undersea quake hits eastern Indonesia

Strong undersea quake hits eastern Indonesia

A 6.3-magnitude earthquake struck off Indonesia's eastern Moluccas on Saturday, the United States Geological Survey (USGS) said, but Indonesian authorities and residents said no damage occurred.
Published 16 Dec, 2007 12:00am
US to offer Palestinians half billion dollars

US to offer Palestinians half billion dollars

The United States will offer the moderate Palestinian leadership more than half a billion dollars at Monday's international donors' conference in Paris, a US official said Friday.
Published 16 Dec, 2007 12:00am
Kenya shilling firms

Kenya shilling firms

The Kenya shilling strengthened against the dollar on Friday in quiet trade and is expected to operate in a wide range going forward, dealers said. At 1040 GMT, commercial banks quoted the local unit at 62.80/90 to the dollar, compared with Thursday's clo
Published 16 Dec, 2007 12:00am
Sri Lanka to see extra $486 million inflow from treasury bonds

Sri Lanka to see extra $486 million inflow from treasury bonds

Sri Lanka will see an additional $486 million inflow through the central bank's decision to increase foreign investment in rupee denominated treasury bonds, central bank data showed on Friday. However, currency dealers said the decision will hit exporters
Published 16 Dec, 2007 12:00am
Sri Lanka to see extra $486 million inflow from treasury bonds

Sri Lanka to see extra $486 million inflow from treasury bonds

Sri Lanka will see an additional $486 million inflow through the central bank's decision to increase foreign investment in rupee denominated treasury bonds, central bank data showed on Friday. However, currency dealers said the decision will hit exporters
Published 16 Dec, 2007 12:00am
Consumer price gains top estimates in November

Consumer price gains top estimates in November

US consumer prices jumped a bigger-than-expected 0.8 percent in November, the sharpest climb in more than two years and driven by surging energy costs, a government report released on Friday showed. Core prices, which strip out volatile food and energy co
Published 16 Dec, 2007 12:00am
Dollar climbs sharply

Dollar climbs sharply

The US dollar rose sharply on Friday, posting its largest daily increase against the euro in almost three years, after strong US consumer price data trimmed expectations for further interest rate cuts by the Federal Reserve.
Published 16 Dec, 2007 12:00am
Slovak inflation slows, interest rates seen flat

Slovak inflation slows, interest rates seen flat

Slovakia's inflation slowed in November as energy price rises last year disappeared from the statistics, and analysts saw no change in interest rates as the country is on track to meet conditions for adopting the euro.
Published 16 Dec, 2007 12:00am
IMM speculators increase dollar bets

IMM speculators increase dollar bets

Currency speculators increased their bets against the dollar for the first time in five weeks, data from the Commodity Futures Trading Commission showed on Friday. Net short positions in the US dollar in the week to December 11 rose to $27.2 billion from
Published 16 Dec, 2007 12:00am
Wall Street indexes plunge

Wall Street indexes plunge

US stocks swooned on Friday on concerns that surging inflation may prevent the Federal Reserve from lowering interest rates enough to pull the economy out of the grip of a housing and credit crisis. The three major indexes tumbled more than 1 percent each
Published 16 Dec, 2007 12:00am
Brazil stocks fall

Brazil stocks fall

Brazil's stock market fell in volatile trading on Friday as a higher-than-expected inflation reading trimmed expectations of lower US interest rates and risk aversion increased. The Bovespa index of the Sao Paulo Stock Exchange shed 0.66 percent to 62,444
Published 16 Dec, 2007 12:00am
Argentine stocks slip

Argentine stocks slip

Argentine stocks fell for a fourth consecutive session on Friday after higher-than-expected consumer price data in the United States inflamed concerns about the health of the world's biggest economy. The MerVal index of the 25 leading stocks shifted down
Published 16 Dec, 2007 12:00am
Toronto stocks decline

Toronto stocks decline

The Toronto Stock Exchange's main index fell modestly on Friday, capping off a losing week, as mining issues continued to slide, while US inflation data dampened expectations of further interest rate cuts. The S&P/TSX composite index ended down 73.02 poin
Published 16 Dec, 2007 12:00am
Chile stocks finish firmer

Chile stocks finish firmer

Chilean stock indexes gained on Friday, as investors snapped up lower-priced stocks following a four-session slump. The all-market IGPA stock index rose 0.45 percent to 13,898.81 points, while the trade-weighted blue chip IPSA index advanced 0.73 percent
Published 16 Dec, 2007 12:00am
Mexican stocks drop

Mexican stocks drop

Mexican stocks fell on Friday as a surge in US consumer prices fuelled concerns that the Federal Reserve may hold off on cutting interest rates. The benchmark IPC stock index slipped 0.31 percent to 29,994.90 points, following the slide in equities on Wal
Published 16 Dec, 2007 12:00am
Emerging debt spreads narrow

Emerging debt spreads narrow

Emerging debt prices declined on Friday but risk spreads still tightened as high-yielding bonds outperformed US Treasuries, with investors trying to guarantee a good performance for their portfolios before year-end.
Published 16 Dec, 2007 12:00am
Emerging debt spreads narrow

Emerging debt spreads narrow

Emerging debt prices declined on Friday but risk spreads still tightened as high-yielding bonds outperformed US Treasuries, with investors trying to guarantee a good performance for their portfolios before year-end.
Published 16 Dec, 2007 12:00am
US IPOs hope to spark investor interest

US IPOs hope to spark investor interest

Two of next week's US initial public offerings hope to spark investor interest; one with celebrity appeal, while the other quite literally promises a brighter future. Next week's red carpet debut is software maker NetSuite, an IPO being brought to market
Published 16 Dec, 2007 12:00am
US Treasury debt prices finish lower

US Treasury debt prices finish lower

US Treasury debt prices fell on Friday as rising consumer price inflation fanned doubts about whether the Federal Reserve would cut interest rates further. The Fed's modest rate cut earlier this week and a plan by global central banks to boost lending amo
Published 16 Dec, 2007 12:00am
US Treasury debt prices finish lower

US Treasury debt prices finish lower

US Treasury debt prices fell on Friday as rising consumer price inflation fanned doubts about whether the Federal Reserve would cut interest rates further. The Fed's modest rate cut earlier this week and a plan by global central banks to boost lending amo
Published 16 Dec, 2007 12:00am
US corporate bonds spread steady

US corporate bonds spread steady

US corporate bond spreads held steady on Friday after Citigroup Inc unveiled a plan to rescue $49 billion of off-balance sheet investments. Goldman, the Wall Street bank that profited most from its contrarian bets on credit, advised clients that Citi's bo
Published 16 Dec, 2007 12:00am
US corporate bonds spread steady

US corporate bonds spread steady

US corporate bond spreads held steady on Friday after Citigroup Inc unveiled a plan to rescue $49 billion of off-balance sheet investments. Goldman, the Wall Street bank that profited most from its contrarian bets on credit, advised clients that Citi's bo
Published 16 Dec, 2007 12:00am
Asian bonds ease

Asian bonds ease

Asian bonds weakened on Friday after a Moody's downgrade of Citigroup raised questions how much pain financial firms still face because of soured subprime mortgage investments and how hard it will hit the US economy. Moody's downgraded Citigroup's debt by
Published 16 Dec, 2007 12:00am
Asian bonds ease

Asian bonds ease

Asian bonds weakened on Friday after a Moody's downgrade of Citigroup raised questions how much pain financial firms still face because of soured subprime mortgage investments and how hard it will hit the US economy. Moody's downgraded Citigroup's debt by
Published 16 Dec, 2007 12:00am
American credit market outlook

American credit market outlook

Credit spreads of US financial companies may outperform in the second half of 2008, though there is no rush to take long positions in the credits as the first half of the year still threatens to be weak.
Published 16 Dec, 2007 12:00am
American credit market outlook

American credit market outlook

Credit spreads of US financial companies may outperform in the second half of 2008, though there is no rush to take long positions in the credits as the first half of the year still threatens to be weak.
Published 16 Dec, 2007 12:00am
Credit Suisse well positioned in crisis: chief executive

Credit Suisse well positioned in crisis: chief executive

Credit Suisse is well-positioned as the credit crisis continues, having cut its exposure, but the worst of the turmoil is not over for the sector, the Swiss bank's head was quoted as saying.
Published 16 Dec, 2007 12:00am
UAE says Gulf revaluations 'still an option'

UAE says Gulf revaluations 'still an option'

A decision by Gulf Arab countries to keep dollar pegs is final but revaluations are still an option for central bankers in the oil-exporting region, the UAE central bank governor said in remarks published on Saturday.
Published 16 Dec, 2007 12:00am
IMF economist says to cut global growth outlook

IMF economist says to cut global growth outlook

The International Monetary Fund will lower its growth outlook as the continued credit crisis hurts the US and European economies, while global imbalances also weigh on growth, its top economist was quoted as saying.
Published 16 Dec, 2007 12:00am
US Senate votes to expand mortgage programme

US Senate votes to expand mortgage programme

The US Senate on Friday overwhelmingly passed legislation to expand the nation's largest federal homeownership programme in a move that could help struggling subprime borrowers avoid foreclosure. The bill, which passed on a 93-1 vote, would loosen underwr
Published 16 Dec, 2007 12:00am
US Senate votes to expand mortgage programme

US Senate votes to expand mortgage programme

The US Senate on Friday overwhelmingly passed legislation to expand the nation's largest federal homeownership programme in a move that could help struggling subprime borrowers avoid foreclosure. The bill, which passed on a 93-1 vote, would loosen underwr
Published 16 Dec, 2007 12:00am
Goldman hired to aid Northern Rock rescue: UK Treasury

Goldman hired to aid Northern Rock rescue: UK Treasury

US investment bank Goldman Sachs has been asked to use its global reach to help put together a financing package to rescue ailing bank Northern Rock, a UK Treasury spokesman confirmed on Saturday.
Published 16 Dec, 2007 12:00am
AMD delays chip shipments; aims for 2008 profit

AMD delays chip shipments; aims for 2008 profit

Advanced Micro Devices Inc has delayed shipments of a key, high-end microprocessor until the first quarter of next year and does not expect to break even until the second quarter, the chipmaker said on Thursday.
Published 16 Dec, 2007 12:00am
AMD delays chip shipments; aims for 2008 profit

AMD delays chip shipments; aims for 2008 profit

Advanced Micro Devices Inc has delayed shipments of a key, high-end microprocessor until the first quarter of next year and does not expect to break even until the second quarter, the chipmaker said on Thursday.
Published 16 Dec, 2007 12:00am
Abu Dhabi close to stake in Malaysia's RHB

Abu Dhabi close to stake in Malaysia's RHB

Abu Dhabi Commercial Bank (ADCB) is close to buying a 25 percent stake in Malaysia's fourth-largest banking group, RHB Capital, the Business Times said on Saturday, without citing its source.
Published 16 Dec, 2007 12:00am
Japan banks balk at subprime fund request

Japan banks balk at subprime fund request

Three Japanese banks that have been asked to provide $5 billion each to a subprime support fund planned by US banks have balked at what they see as an unreasonably high figure, the Nikkei business daily reported on Saturday.
Published 16 Dec, 2007 12:00am
Japan banks balk at subprime fund request

Japan banks balk at subprime fund request

Three Japanese banks that have been asked to provide $5 billion each to a subprime support fund planned by US banks have balked at what they see as an unreasonably high figure, the Nikkei business daily reported on Saturday.
Published 16 Dec, 2007 12:00am
Hauliers stage low-key fuel price protest

Hauliers stage low-key fuel price protest

Hauliers, farmers and motorists staged protests across Britain on Saturday against record petrol and diesel prices, but a poor turn-out saw some demonstrations called off.
Published 16 Dec, 2007 12:00am
Greek labour minister sacked amid pension reform charge

Greek labour minister sacked amid pension reform charge

Greece's labour minister, in charge of implementing difficult pension reforms, was sacked on Saturday, the government said. "Labour Minister Vasilis Magginas submitted his resignation today the prime minister accepted his resignation," government spokesma
Published 16 Dec, 2007 12:00am
UBS buy of Stanchart's India mutual funds hit

UBS buy of Stanchart's India mutual funds hit

Swiss Bank UBS AG's purchase of Standard Chartered Plc's mutual funds business in India has hit a roadblock as India's central bank appears to have rejected the deal, the Economic Times newspaper said on Saturday, citing unidentified sources.
Published 16 Dec, 2007 12:00am
UBS buy of Stanchart's India mutual funds hit

UBS buy of Stanchart's India mutual funds hit

Swiss Bank UBS AG's purchase of Standard Chartered Plc's mutual funds business in India has hit a roadblock as India's central bank appears to have rejected the deal, the Economic Times newspaper said on Saturday, citing unidentified sources.
Published 16 Dec, 2007 12:00am
US funds suspected of speculation in Alitalia bid

US funds suspected of speculation in Alitalia bid

Italian prosecutors have opened a preliminary investigation into US investment funds Evergreen and Quantum for speculation in the bidding for Alitalia, the ANSA news agency reported.
Published 16 Dec, 2007 12:00am
US funds suspected of speculation in Alitalia bid

US funds suspected of speculation in Alitalia bid

Italian prosecutors have opened a preliminary investigation into US investment funds Evergreen and Quantum for speculation in the bidding for Alitalia, the ANSA news agency reported.
Published 16 Dec, 2007 12:00am
Formal 1.5 billion euro offer for Dutch Stork

Formal 1.5 billion euro offer for Dutch Stork

London Acquisition, a company controlled by a consortium of funds managed and advised by Candover, Landsbanki Islands and Eyrir Invest, have made their 1.5 billion euro ($2.2 billion) offer for Dutch industrial group Stork NV formal, they said late on Fri
Published 16 Dec, 2007 12:00am
Formal 1.5 billion euro offer for Dutch Stork

Formal 1.5 billion euro offer for Dutch Stork

London Acquisition, a company controlled by a consortium of funds managed and advised by Candover, Landsbanki Islands and Eyrir Invest, have made their 1.5 billion euro ($2.2 billion) offer for Dutch industrial group Stork NV formal, they said late on Fri
Published 16 Dec, 2007 12:00am
Singapore November bunker sales fall

Singapore November bunker sales fall

Singapore bunker sales volumes in November fell about 7 percent from the previous month as record high prices dampened demand from shipowners, traders and shipowners said on Thursday. Singapore bunker sales slipped 198,000 tonnes to 2.523 million tonnes i
Published 16 Dec, 2007 12:00am
THE RUPEE: dollar suffer sharp losses

THE RUPEE: dollar suffer sharp losses

Lifting of emergency after nearly six weeks, aided the rupee to expand its gain versus dollar and euro in the currency market at the weekend, dealers said. The rupee made solid gains against dollar in the interbank market, gaining 16 paisa at 61.00 for bu
Published 16 Dec, 2007 12:00am
THE RUPEE: dollar suffer sharp losses

THE RUPEE: dollar suffer sharp losses

Lifting of emergency after nearly six weeks, aided the rupee to expand its gain versus dollar and euro in the currency market at the weekend, dealers said. The rupee made solid gains against dollar in the interbank market, gaining 16 paisa at 61.00 for bu
Published 16 Dec, 2007 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (December 17, 2007).
Published 16 Dec, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (December 17, 2007).
Published 16 Dec, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday December 17, 2007
Published 16 Dec, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday December 17, 2007
Published 16 Dec, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday December 17, 2007
Published 16 Dec, 2007 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (December 15, 2007).
Published 16 Dec, 2007 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 16 Dec, 2007 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 16 Dec, 2007 12:00am
Ukraine sunoil output down

Ukraine sunoil output down

Ukraine raw sunoil output fell 4.1 percent to 188,000 tonnes in November from 195,000 in October, the State Statistics Committee said on Friday. It said 1.921 million tonnes were produced in the first 11 months of this year, or 8 percent more than in the
Published 16 Dec, 2007 12:00am
England job will be my last: Capello

England job will be my last: Capello

New England manager Fabio Capello has said the job will be his last in football and acknowledged he has a tough task ahead of him. The 61-year-old Italian was appointed on Friday and succeeds Steve McClaren, who was sacked last month after England failed
Published 16 Dec, 2007 12:00am
FIFA bans high-altitude matches without acclimatisation

FIFA bans high-altitude matches without acclimatisation

Football's governing body FIFA on Saturday banned all matches it sanctions at an altitude of more than 2,750 metres (9,022 feet) "without acclimatisation", relaxing its earlier limit. It also set up a 40-million-dollar referee training project and increas
Published 16 Dec, 2007 12:00am
Pollock stars as West Indians lose

Pollock stars as West Indians lose

Veteran South African all-rounder Shaun Pollock sent the West Indians crashing to a narrow defeat against a Makhaya Ntini Invitation XI in a rain-affected opening match of their tour at Buffalo Park Friday. Pollock top-scored 54 off 40 balls and took one
Published 16 Dec, 2007 12:00am
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