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Print - 2007-12-29
Brown phones Musharraf

Brown phones Musharraf

The British Prime Minister Gordon Brown spoke on Friday afternoon to President Pervez Musharraf and encouraged him to stick to the course he has outlined to build democracy and stability in Pakistan in the wake of the assassination of Chairperson Pakistan
Published 29 Dec, 2007 12:00am
Brown phones Musharraf

Brown phones Musharraf

The British Prime Minister Gordon Brown spoke on Friday afternoon to President Pervez Musharraf and encouraged him to stick to the course he has outlined to build democracy and stability in Pakistan in the wake of the assassination of Chairperson Pakistan
Published 29 Dec, 2007 12:00am
Over Rs 10 billion lost in one day: trade, industry completely halted

Over Rs 10 billion lost in one day: trade, industry completely halted

Trade activities in entire Karachi were completely suspended, causing over Rs 10 billion loss to the economy and industrialists due to acts of violence, which paralysed life in City. Tension and violence started in the city on Thursday evening after the d
Published 29 Dec, 2007 12:00am
Over Rs 10 billion lost in one day: trade, industry completely halted

Over Rs 10 billion lost in one day: trade, industry completely halted

Trade activities in entire Karachi were completely suspended, causing over Rs 10 billion loss to the economy and industrialists due to acts of violence, which paralysed life in City. Tension and violence started in the city on Thursday evening after the d
Published 29 Dec, 2007 12:00am
Over Rs 10 billion lost in one day: trade, industry completely halted

Over Rs 10 billion lost in one day: trade, industry completely halted

Trade activities in entire Karachi were completely suspended, causing over Rs 10 billion loss to the economy and industrialists due to acts of violence, which paralysed life in City. Tension and violence started in the city on Thursday evening after the d
Published 29 Dec, 2007 12:00am
Army called out in Sindh: protest, rioting leave over 33 killed

Army called out in Sindh: protest, rioting leave over 33 killed

Six people were burnt to death when a mob enraged by the assassination of former premier Benazir Bhutto torched Mexican garment Unit in Ibrahim Hyderi Police Station Jurisdiction, as violent protest and rioting left more than 33 people dead in Sindh.
Published 29 Dec, 2007 12:00am
Army called out in Sindh: protest, rioting leave over 33 killed

Army called out in Sindh: protest, rioting leave over 33 killed

Six people were burnt to death when a mob enraged by the assassination of former premier Benazir Bhutto torched Mexican garment Unit in Ibrahim Hyderi Police Station Jurisdiction, as violent protest and rioting left more than 33 people dead in Sindh.
Published 29 Dec, 2007 12:00am
World equities shaken by Benazir killing

World equities shaken by Benazir killing

Global equities slipped on Friday and safe-haven bonds and gold rose on fresh jitters about the impact of the global credit crunch and concern after the assassination of opposition leader Benazir Bhutto.
Published 29 Dec, 2007 12:00am
World equities shaken by Benazir killing

World equities shaken by Benazir killing

Global equities slipped on Friday and safe-haven bonds and gold rose on fresh jitters about the impact of the global credit crunch and concern after the assassination of opposition leader Benazir Bhutto.
Published 29 Dec, 2007 12:00am
World equities shaken by Benazir killing

World equities shaken by Benazir killing

Global equities slipped on Friday and safe-haven bonds and gold rose on fresh jitters about the impact of the global credit crunch and concern after the assassination of opposition leader Benazir Bhutto.
Published 29 Dec, 2007 12:00am
Bush convenes security advisors

Bush convenes security advisors

US President George W. Bush on Friday convened a meeting of his national security advisors to discuss the situation in Pakistan following the assassination of ex-prime minister Benazir Bhutto, a spokesman said.
Published 29 Dec, 2007 12:00am
Bush convenes security advisors

Bush convenes security advisors

US President George W. Bush on Friday convened a meeting of his national security advisors to discuss the situation in Pakistan following the assassination of ex-prime minister Benazir Bhutto, a spokesman said.
Published 29 Dec, 2007 12:00am
SPORTS WORLD: Pakistan need strong strategist, not ordinary coach

SPORTS WORLD: Pakistan need strong strategist, not ordinary coach

Defeat is part and parcel of any game, but the way Pakistan lost Test and One-day International (ODI) home series to South Africa and later the Test and ODI series to India after over two decades has badly shaken the confidence of the top hierarchy of Pak
Published 29 Dec, 2007 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 29 Dec, 2007 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 29 Dec, 2007 12:00am
LAHORE CULTURAL DIARY: Eid, electioneering and calligraphy exhibition

LAHORE CULTURAL DIARY: Eid, electioneering and calligraphy exhibition

Major activities of the week were Eid celebrations, low-key electioneering and a couple of exhibitions of calligraphy. New films releases in local cinemas and film screened at British Council were other cultural and entertainment activities, which engaged
Published 29 Dec, 2007 12:00am
Remembering Noor Jehan after seven years

Remembering Noor Jehan after seven years

It was seven years ago on December 23, 2007, when 'Malika-e-Tarannum' Noor Jehan left for her ethereal abode. Despite the passage of so many years her variegated melodies continue to provide peace of mind to millions in the sub-continent and will continue
Published 29 Dec, 2007 12:00am
CAPITAL CULTURAL SCENE: 'Contemporary Artists of Pakistan'

CAPITAL CULTURAL SCENE: 'Contemporary Artists of Pakistan'

The Jharoka Art Gallery, informally launched in the first week of November this year, has again come up this week with another exhibition titled "Contemporary Artists of Pakistan" at its premises. The display offers works by 34 painters representing a var
Published 29 Dec, 2007 12:00am
Save the environment from further deterioration

Save the environment from further deterioration

It was generally being thought that the rains at the end of December in Karachi would bring cold wave from Quetta, and there would be some chill in the weather, but this did not happen. Instead, the sun shone at its maximum and the temperature continued t
Published 29 Dec, 2007 12:00am
Lunda bazaar - a bane or boon?

Lunda bazaar - a bane or boon?

With the advent of winter, second-hand clothes markets have spring up in different parts of the city to cater to the needs of middle -income population.
Published 29 Dec, 2007 12:00am
KARACHI CHRONICLE: How two burqa-clad dacoits were caught

KARACHI CHRONICLE: How two burqa-clad dacoits were caught

Last Monday, two housemaids aided the Defence Police to capture two dacoits at the Defence Mor and earned a thousand-rupees as a reward. One of the housemaids works for me and told me this story I am about to relate.
Published 29 Dec, 2007 12:00am
Build the morale to kick-start development

Build the morale to kick-start development

For a country to become a great and prosperous, its people have to be passionately enthused and united for its success. The whole nation must be pulled in the same direction in its own individual way. This can only happen when the majority of the people a
Published 29 Dec, 2007 12:00am
Magnitude of child labour problem in Pakistan

Magnitude of child labour problem in Pakistan

Pakistan is one of the countries that have come under increased focus - and pressure - at global level in yester years on the phenomenon of child labour, often resulting in giving this country a bad image, by and large.
Published 29 Dec, 2007 12:00am
Shanghai to launch gold futures

Shanghai to launch gold futures

The Shanghai Futures Exchange, one of China's three commodities futures bourses, plans to launch trade in China's first gold futures on January 9, sources close to the exchange said on Friday.
Published 29 Dec, 2007 12:00am
Malaysian palm oil futures up

Malaysian palm oil futures up

Malaysian crude palm oil futures extended gains on Friday, rising almost 1 percent, as strengthening crude oil and firm demand boosted prices after the market hit record highs.
Published 29 Dec, 2007 12:00am
Real players offered multi-million euro bonus

Real players offered multi-million euro bonus

Real Madrid bosses have promised players a bonus of 900,000-euro (1.3 million dollars) each if they achieve the treble - the Primera Liga, Champions League and Spanish Cup titles this season, sports daily Marca reported here on Friday.
Published 29 Dec, 2007 12:00am
West Indies on top despite collapse

West Indies on top despite collapse

The West Indies suffered a second innings collapse to give South Africa an outside chance of victory on the third day of the first Test against South Africa at St George's Park Friday. The West Indies were 146 for eight at the close, an overall lead of 35
Published 29 Dec, 2007 12:00am
Hodgson appointed Fulham manager

Hodgson appointed Fulham manager

Fulham have appointed former Inter Milan and Blackburn boss Roy Hodgson as their new manager, the Premier League club announced on Friday. The 60-year-old, who has signed a long-term contract, which starts on December 30, takes over from Lawrie Sanchez wh
Published 29 Dec, 2007 12:00am
Harbhajan strives to emulate 2001 series win

Harbhajan strives to emulate 2001 series win

Spin bowler Harbhajan Singh says he has shouldered unrealistic expectations since his career-high achievements during India's famed home series win over Australia in 2001. The finger-spinner made the comments after putting in his best bowling performance
Published 29 Dec, 2007 12:00am
Vaidisova, Mauresmo head Gold Coast tournament

Vaidisova, Mauresmo head Gold Coast tournament

Czech teenager Nicole Vaidisova and former world No 1 Amelie Mauresmo head the field for the Australian Women's Hardcourt tennis championships beginning here on Sunday. Vaidisova, 18, burst on to the scene at the beginning of the year when she reached the
Published 29 Dec, 2007 12:00am
Fish confident US can win Hopman without Williams

Fish confident US can win Hopman without Williams

Mardy Fish is confident the United States can win without star teammate Serena Williams, and add another Hopman Cup to their already impressive record in the mixed teams event.
Published 29 Dec, 2007 12:00am
Yuvraj charged with dissent

Yuvraj charged with dissent

Indian batsman Yuvraj Singh has been charged with showing dissent towards an umpiring decision during the first cricket Test against Australia, Cricket Australia said Friday.
Published 29 Dec, 2007 12:00am
India must defy history to beat Aussies in first Test

India must defy history to beat Aussies in first Test

India will have to do what no other Test team has done before to come from behind and win the first cricket Test after Australia set them a historic run chase at the Melbourne Cricket Ground on Friday.
Published 29 Dec, 2007 12:00am
New Zealand wrap up series against Bangladesh

New Zealand wrap up series against Bangladesh

New Zealand wrapped up their one-day cricket series against Bangladesh here Friday with three half centuries paving the way for a comfortable win in a rain-shortened second match.
Published 29 Dec, 2007 12:00am
Australia to monitor Pakistan before tour

Australia to monitor Pakistan before tour

Cricket Australia have no plans to cancel the tour of Pakistan in March despite the assassination of opposition leader Benazir Bhutto but will monitor the security situation there before it goes ahead.
Published 29 Dec, 2007 12:00am
South Korea's new leader calls Jesus 'best chief executive-type leader'

South Korea's new leader calls Jesus 'best chief executive-type leader'

South Korea's president-elect Lee Myung-Bak, a former business CEO, has described Jesus Christ as "the best model of a CEO-type leader", an aide said Friday. Lee, 66, made the statement during a prayer meeting late Thursday at Seoul's Somang Church where
Published 29 Dec, 2007 12:00am
Messy Kosovo breakaway stokes fear of partition

Messy Kosovo breakaway stokes fear of partition

Serbia is telling Serbs in Kosovo to ignore an Albanian declaration of independence early next year, raising the prospect of an ethnic partition of the breakaway province that the West has long ruled out.
Published 29 Dec, 2007 12:00am
Aussie 'Taliban' to apologise after release from jail

Aussie 'Taliban' to apologise after release from jail

Former Guantanamo Bay inmate David Hicks will apologise to the Australian people when he is released from an Adelaide jail this weekend but still disputes any links to terrorism, his father said Friday.
Published 29 Dec, 2007 12:00am
Seoul expands baby subsidies

Seoul expands baby subsidies

South Korea's capital Seoul will expand payments to encourage couples to have more children and reverse the nation's ageing society, the city government said Friday.
Published 29 Dec, 2007 12:00am
US shuttle Atlantis won't fly on January 10

US shuttle Atlantis won't fly on January 10

The US space agency said it has once again delayed the launch of the US space shuttle Atlantis that is to carry a European space laboratory to the International Space Station. No new launch date has been set. Faulty fuel gauges on the spacecraft's liquid
Published 29 Dec, 2007 12:00am
Bhutan braces for first brush with democracy

Bhutan braces for first brush with democracy

Bhutan tightened security on Friday and temporarily closed its borders before a historic vote next week to elect the upper house of parliament, its first tentative move towards democracy from a century of absolute monarchy.
Published 29 Dec, 2007 12:00am
Philippines sacks soldiers over anti-Arroyo protest

Philippines sacks soldiers over anti-Arroyo protest

Five Philippine soldiers were dismissed Friday and others reinstated after spending nearly two years in jail for allegedly taking part in a plot against President Gloria Arroyo, officials said.
Published 29 Dec, 2007 12:00am
Death toll in Egypt building collapse rises to 29

Death toll in Egypt building collapse rises to 29

The death toll from the collapse of a 12-storey residential building in Egypt's Mediterranean city of Alexandria rose to 29 on Friday, security sources said. Rescue workers have pulled three survivors from the rubble since the building collapsed on Monday
Published 29 Dec, 2007 12:00am
Chinese car deal raises hopes for MG revival

Chinese car deal raises hopes for MG revival

A deal struck this week puts a venerable British motoring brand in the hands of China's top car maker, raising hopes that Shanghai Automotive Co might do for MG what Germany's BMW did for the Mini.
Published 29 Dec, 2007 12:00am
Iraq aims to boost Kirkuk oil sales

Iraq aims to boost Kirkuk oil sales

Iraq plans to boost sales of Kirkuk oil by at least 100,000 barrels per day starting in January and is offering incentives to win back and retain customers, an Iraqi official said on Friday.
Published 29 Dec, 2007 12:00am
Indonesia scraps plan to curb subsidised fuel sales

Indonesia scraps plan to curb subsidised fuel sales

The Indonesian government has dropped a plan to limit sales of subsidised fuel to private car owners next year out of concern the initiative would boost inflation, Vice President Jusuf Kalla said on Friday.
Published 29 Dec, 2007 12:00am
China stocks end year up 97 percent

China stocks end year up 97 percent

China's main stock index fell on Friday as banks and property shares slipped, but it ended this year with a gain of 97 percent, making China one of the world's best-performing markets for a second straight year.
Published 29 Dec, 2007 12:00am
Nikkei ends 2007 down 11 percent

Nikkei ends 2007 down 11 percent

The Nikkei average ended 2007 with a loss for the year of 11 percent on Friday, its first fall in five years and making Tokyo the world's worst-performing major stock market.
Published 29 Dec, 2007 12:00am
Wall Street sinks

Wall Street sinks

US stocks dropped on Thursday as an assassination in Pakistan sparked fears of global unrest, while an analyst warning of larger mortgage-related write-offs pressured financial shares. A weak durable goods report raised concerns about the outlook for the
Published 29 Dec, 2007 12:00am
Indian shares little changed

Indian shares little changed

Indian share prices closed little changed in cautious trade Friday after the assassination of Pakistani opposition leader Benazir Bhutto triggered regional security concerns, dealers said.
Published 29 Dec, 2007 12:00am
US Treasury prices rise

US Treasury prices rise

US Treasuries rose on Thursday as investors flocked to low-risk bonds on weaker-than-expected durable goods data and sharp losses in US stocks.
Published 29 Dec, 2007 12:00am
US Treasury prices rise

US Treasury prices rise

US Treasuries rose on Thursday as investors flocked to low-risk bonds on weaker-than-expected durable goods data and sharp losses in US stocks.
Published 29 Dec, 2007 12:00am
Singapore shares down

Singapore shares down

Singapore share prices closed 0.90 percent lower on Friday in subdued year-end trading, dealers said. The main Straits Times Index closed down 31.38 points at 3,445.82 on volume of 1.21 billion shares worth 1.16 billion dollars (801 million US).
Published 29 Dec, 2007 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong stocks fell on Friday, tracking Wall Street and regional weakness, with China Mobile leading the losses on speculation that an industry revamp may start next year and see it lose market share.
Published 29 Dec, 2007 12:00am
Malaysian shares higher

Malaysian shares higher

Malaysian share prices closed up 0.6 percent Friday due to last-minute buying of big stocks like palm oil giant Sime Darby, dealers said. They said volume was thin, reflecting caution about geopolitical risks triggere. Choo Swee Kee, chief investment offi
Published 29 Dec, 2007 12:00am
Seoul stocks end 2007 with 32 percent gain for year

Seoul stocks end 2007 with 32 percent gain for year

Seoul stocks fell 0.6 percent on Friday, unsettled after Pakistani opposition leader Benazir Bhutto was assassinated, but logged a 32 percent gain for 2007, backed by a recovery in Asia's fourth-largest economy.
Published 29 Dec, 2007 12:00am
Canadian dollar rises

Canadian dollar rises

The Canadian dollar rose on Thursday but closed just shy of a five-week high due largely to a rise in commodity prices after news that Pakistani opposition leader Benazir Bhutto had been assassinated.
Published 29 Dec, 2007 12:00am
Swiss franc trades higher

Swiss franc trades higher

The Swiss franc ticked up against the dollar and the euro on Friday ahead of key Swiss economic indicators which markets will scrutinise for clues about the health of the economy and the interest rate path in Switzerland.
Published 29 Dec, 2007 12:00am
Indian rupee ends flat

Indian rupee ends flat

The Indian rupee bounced off early lows to end flat against the dollar on Friday as investors brushed aside concerns of regional geopolitical risks and bought the local unit on hopes of renewed capital inflows into stocks.
Published 29 Dec, 2007 12:00am
Yen surges broadly in Asia

Yen surges broadly in Asia

The yen surged across the board on Friday as weak US economic data and uncertainty after the assassination of Pakistani opposition leader Benazir Bhutto prompted investors to dump risky positions such as carry trades.
Published 29 Dec, 2007 12:00am
Dollar keeps sliding in New York

Dollar keeps sliding in New York

The dollar fell against the euro on Thursday, its fifth straight daily decline, after a weaker-than-expected US durable goods report boosted the case for more Federal Reserve interest rate cuts next year.
Published 29 Dec, 2007 12:00am
Croat kuna inches up

Croat kuna inches up

The Croatian kuna firmed marginally against the euro on Friday, while local banks raised interest rates in their direct deals. The kuna traded at 7.3275/7.3375 per euro, a touch stronger from Thursday's 7.3300/7.3360 on the local foreign exchange market.
Published 29 Dec, 2007 12:00am
Peso leads Asian markets

Peso leads Asian markets

Most Asian currencies firmed against a broadly weaker dollar on Friday after disappointing US durable goods data boosted hopes for further Fed interest rate cuts, with the Philippine peso the top gainer.
Published 29 Dec, 2007 12:00am
Emerging currencies mixed against dollar

Emerging currencies mixed against dollar

Emerging equities fell on Friday alongside other global markets with investors watching Pakistan after the assassination of opposition leader Benazir Bhutto, and Kenya where election results were coming in.
Published 29 Dec, 2007 12:00am
Australia dollar sideswiped by yen

Australia dollar sideswiped by yen

The Australian dollar stumbled lower on Friday as a burst of selling against the yen upset what had been a firm session for the high-yielding currency.
Published 29 Dec, 2007 12:00am
South Korea won rises

South Korea won rises

The South Korean won rose 0.6 percent against the dollar on Friday as buying by local exporters outweighed increased risk aversion that could have dampened the local currency. The won rose as much as 0.6 percent to a session high of 934.8 before ending th
Published 29 Dec, 2007 12:00am
Yuan at new high versus dollar

Yuan at new high versus dollar

China's yuan hit a fresh post-revaluation high against the dollar on Friday and closed above its mid-point for the first time in a week, suggesting the market was becoming used to a faster pace of appreciation.
Published 29 Dec, 2007 12:00am
Dollar index on track for worst week in 13 months

Dollar index on track for worst week in 13 months

The dollar was on track for its worst weekly performance in over a year on Friday, hit by soft US data and a rise in risk aversion following the assassination of Pakistani opposition leader Benazir Bhutto. Bhutto's killing after an election rally on Thurs
Published 29 Dec, 2007 12:00am
Philippines shares lower

Philippines shares lower

Philippine share prices closed 1.3 percent lower on Friday as investors cashed in gains from recent sessions ahead of a four-day New Year break, dealers said. They said a slide on Wall Street after the assassination of Pakistani opposition leader Benazir
Published 29 Dec, 2007 12:00am
Friday's midday trade: markets slips as housing worries weigh

Friday's midday trade: markets slips as housing worries weigh

US stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets. Shares of home builders were down, and the Dow Jones home construction index fell 2.7 percent. An S&P index of financ
Published 29 Dec, 2007 12:00am
Thai shares up

Thai shares up

Thai share prices closed 0.71 percent higher on Friday on buying of energy-linked stocks, dealers said. The Stock Exchange of Thailand (SET) composite index rose 6.04 points to 858.10, while the blue chip SET-50 index added 3.86 points to 630.73.
Published 29 Dec, 2007 12:00am
FTSE breaks six-day rally

FTSE breaks six-day rally

Britain's leading share index fell on Friday, breaking a six-day stretch of gains as concern about the impact of the credit crunch and a slowing economy weighed on banks. The FTSE 100 index fell 20.9 points, or 0.3 percent to 6,476.9 on its last full trad
Published 29 Dec, 2007 12:00am
TOCOM set for longer hours, volume gains uncertain

TOCOM set for longer hours, volume gains uncertain

Japan's leading commodities bourse hopes to boost dwindling turnover by extending trading hours from January, but the most noticeable result at first could be higher costs and increased burdens for smaller domestic brokers.
Published 29 Dec, 2007 12:00am
London coffee and sugar up

London coffee and sugar up

London robusta coffee futures rose on speculative and fund buying and a weaker dollar on Friday, while origin selling dragged on cocoa despite a strike and a separate shooting incident in top producer Ivory Coast.
Published 29 Dec, 2007 12:00am
Oil falls as profit-taking clips rally

Oil falls as profit-taking clips rally

Oil prices fell on Friday as US economic concerns mounted and traders took profits from a rally this week that sent prices to near record levels. US crude settled down 62 cents at $96 a barrel, after trading as high as $97.92. London Brent settled 90 cent
Published 29 Dec, 2007 12:00am
Shanghai copper drops

Shanghai copper drops

Shanghai copper futures fell more than 2 percent on Friday, tracking a decline in London on demand concerns after weak US economic data, while cautious Chinese investors sold ahead of their year-end holidays.
Published 29 Dec, 2007 12:00am
New York cotton at new 33-month peak

New York cotton at new 33-month peak

Cotton futures settled on Friday at their highest level since early 2004 on sustained all-around buying as lower US cotton sowings next year stoked a rally in the market, brokers said. The ICE Futures open-outcry March cotton contract rose 0.11 cent to fi
Published 29 Dec, 2007 12:00am
Copper slips

Copper slips

London Metal Exchange (LME) copper futures fell more than 1 percent on Friday on concerns about falling demand after weak US economic data released the previous day. Traders saw limited direct impact on base metals from the assassination of Pakistani oppo
Published 29 Dec, 2007 12:00am
Gold moves up in London

Gold moves up in London

Gold rose to a one-month high on Friday, boosted by dollar weakness, stronger oil prices and worries over geopolitical risks in Pakistan and northern Iraq. The dollar extended earlier losses against the euro - making dollar-priced gold cheaper for non-US
Published 29 Dec, 2007 12:00am
US MIDDAY: coffee up, cocoa down

US MIDDAY: coffee up, cocoa down

Arabica coffee gained ground in early trade on Friday, recovering some of Thursday's losses, on chart-based support, while the cocoa market crept lower, traders said. Volume was light in both markets, they said.
Published 29 Dec, 2007 12:00am
US MIDDAY: wheat rises

US MIDDAY: wheat rises

Chicago Board of Trade March wheat fell its 30-cent trading limit near the close on Friday. Traders said the wheat market was hit by talk funds would be rebalancing their positions by selling wheat and soybeans and buying corn. March wheat closed down 30
Published 29 Dec, 2007 12:00am
US MIDDAY: corn gains

US MIDDAY: corn gains

Corn futures at the Chicago Board of Trade rallied to an 11-year high on Friday on persistent brisk exports of US corn, traders said. The market drew more support from strong crude oil and gold and from a weak dollar which keeps US corn on the radar of ov
Published 29 Dec, 2007 12:00am
US MIDDAY: soyabeans soar

US MIDDAY: soyabeans soar

Soyabean futures at the Chicago Board of Trade soared to a 34-year high on Friday, soyaoil jumped to a 33-year peak and soyameal held firm, traders said. With the global vegetable oil market soaring to record highs, investors kept buying vegetable oils ah
Published 29 Dec, 2007 12:00am
US MIDDAY: copper slips

US MIDDAY: copper slips

US copper futures remained in negative territory early on Friday after data showing a 9 percent decline in new US home sales in November renewed growth concerns for the world's largest economy, analysts said.
Published 29 Dec, 2007 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

US gold futures rose to a one-month high early on Friday as a down dollar, stronger energy markets and geopolitical tensions pushed prices toward key technical levels, traders said. "Again, the dollar is getting smoked, forcing some short-covering in the
Published 29 Dec, 2007 12:00am
Imran urges Musharraf to quit

Imran urges Musharraf to quit

The chairman Pakistan Tehrik Insaf (PTI), Imran Khan, on Friday warned that Pakistan was heading "towards chaos" and called for President Pervez Musharraf to quit following Benazir Bhutto's assassination. 'General Musharraf's time is up. He should step do
Published 29 Dec, 2007 12:00am
Tourism Ministry postpones events

Tourism Ministry postpones events

Ministry of Tourism on Friday announced to postpone the events scheduled to be held here on December 29. According to the press release issued by the Ministry.
Published 29 Dec, 2007 12:00am
Mob torches office of MQM

Mob torches office of MQM

A mob ransacked and then torched the office of a Muttahida Qaumi Movement in Peshawaron Friday, as anger boiled over after the assassination of Benazir Bhutto. About 1,500 people paraded in the streets and then stormed the offices of the Muttahida Qaumi M
Published 29 Dec, 2007 12:00am
Killing a plot to disintegrate country: Tehmina

Killing a plot to disintegrate country: Tehmina

PML-N vice president Begum Tehmina Daultana has said that the PPP chairperson Benazir Bhutto's assassination is a conspiracy to disintegrate the country. Talking to journalists here on Friday she, while weeping, said "it is a plot to weaken the federation
Published 29 Dec, 2007 12:00am
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