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Print - 2007-12-31
Kibaki wins election, protests erupt

Kibaki wins election, protests erupt

Kenya's President Mwai Kibaki won a second five-year term on Sunday in a disputed election victory that triggered deadly riots by tens of thousands of opposition supporters.
Published 31 Dec, 2007 12:00am
JUI-F demands deferment of polls

JUI-F demands deferment of polls

Central general secretary JUI-F and candidate for NA-268 Mastung-cum-Kalat, Maulana Abdul Ghafoor Haidari has demanded of the government to postpone the general elections as it is indispensable for national security and integrity.
Published 31 Dec, 2007 12:00am
Army deployed in Sindh for civil administration help: ISPR

Army deployed in Sindh for civil administration help: ISPR

A spokesman for the Inter-Services Public Relations (ISPR) has said that as an institution of the state, the Pakistan Army is mandated to assist civil administration in maintaining law and order and other administrative tasks when called upon to do so und
Published 31 Dec, 2007 12:00am
Bukhari condoles

Bukhari condoles

Syed Hussain Shah Bukhari of Dargah Hussainabad, Qanbar, condoled with Asif Zardari and Bilawal at Naudero House on Sunday. He also offered `Fateha' for`Isal-e-Sawab' to the departed soul.
Published 31 Dec, 2007 12:00am
India restores rail service

India restores rail service

India on Sunday decided to restore a train service to Pakistan, two days after suspending it over security concerns in the wake of violence over Benazir Bhutto's killing, the railways ministry said. "The situation has improved. So, the government has allo
Published 31 Dec, 2007 12:00am
AIOU exams postponed

AIOU exams postponed

Allama Iqbal Open University has postponed its examinations for Spring Semester 2007 of all disciplines, Matric to Ph.D scheduled from December 31 to 9 January 2008.
Published 31 Dec, 2007 12:00am
Educational institutions to reopen on December 10

Educational institutions to reopen on December 10

The government and private schools and colleges in the province will reopen on January 10 after the winter vacations. This was stated by Sindh Education Minister, Shujaat Ali Baig, on Sunday. He further said the private schools would also reopen from Janu
Published 31 Dec, 2007 12:00am
'January polls more than likely'

'January polls more than likely'

Pakistan's January 8 general election is "more than likely" to be delayed by six to eight weeks, a senior official of the former ruling party, which backs President Pervez Musharraf, said on Sunday.
Published 31 Dec, 2007 12:00am
Normalcy starts returning to Lahore

Normalcy starts returning to Lahore

Normalcy has started returning to various parts of the provincial capital on the third day of mourning of the tragic assassination of Ms Benazir Bhutto, with the opening of petroleum and CNG stations, shops and medical stores, under the supervision of Cit
Published 31 Dec, 2007 12:00am
Homage paid to Benazir

Homage paid to Benazir

Quran Khawani and special prayers were held in Lahore and other parts of Punjab province on Sunday for the salvation of slain chairperson of Pakistan People's Party (PPP) Benazir Bhutto, which was attended by thousands of people.
Published 31 Dec, 2007 12:00am
Benazir's death termed as national tragedy

Benazir's death termed as national tragedy

Pakistan Railway Sports Board (PRSB) Vice-President Irfan Gohar, Pakistan Football Federation (PFF) Media Manager Akber Wahidi, Pakistan Senior Cricket Board Chief Executive Ashiq Qureshi and Cricket promoter Malik Sarwar have expressed deep sense of grie
Published 31 Dec, 2007 12:00am
Fuel and food shortage

Fuel and food shortage

Almost all petrol pumps, business centres, commercial markets, vegetable and fruit markets, bakeries and milk shops are closed as a result of which people have been suffering badly in Sialkot for the last three days.
Published 31 Dec, 2007 12:00am
APTUF for independent inquiry commission

APTUF for independent inquiry commission

All Pakistan Trade Unions Federation (APTUF) in its emergency meeting on Sunday termed the assassination of PPP Chairperson Benazir Bhutto a target killing and demanded for setting up an independent inquiry commission to look into the tragic incident in a
Published 31 Dec, 2007 12:00am
Pakistan to participate in 'Perfect Wedding Show'

Pakistan to participate in 'Perfect Wedding Show'

Pakistan will participate in the "Perfect Wedding Show" at the Expo Centre Sharjah displaying wedding products and services. The show is being organised by the Sharjah Chamber of Commerce and Industry from February 26 to March 1, next year in which SME pr
Published 31 Dec, 2007 12:00am
PPP supporters light candles outside RGH

PPP supporters light candles outside RGH

Huge number of sad workers of Pakistan Peoples Party, other political parties and activists of civil society organisations held on Sunday a demonstration at the gate of Rawalpindi General Hospital and lit the candles to pay homage to martyred leader.
Published 31 Dec, 2007 12:00am
The assassination of Benazir: investigators to face controversy

The assassination of Benazir: investigators to face controversy

A four-member police team is investigating the assassination of opposition leader Benazir Bhutto with the help of security agencies. A judicial team is also investigating. Former Prime Minister Benazir was killed in a gun and bomb attack as she left an el
Published 31 Dec, 2007 12:00am
Big demand for US wheat should last well into 2008

Big demand for US wheat should last well into 2008

Unusually high global demand for US wheat, which has been boosted by purchases from Japan and lower output from major producers due to weather, should last into the middle of next year.
Published 31 Dec, 2007 12:00am
Quite shocking and disappointing

Quite shocking and disappointing

It is indeed quite shocking and disappointing that Opposition parties alliance, APDM, has given a call for wheel jam strike on January 8, the polls day. That the call comes from an alliance, some of whole component parties preferred to boycott the whole e
Published 31 Dec, 2007 12:00am
May her sacrifice bring sanity

May her sacrifice bring sanity

December 27, 2007, would be immortalised in the annals of history. It is the day when the leader of Pakistan's largest political party, Benazir Bhutto was assassinated.
Published 31 Dec, 2007 12:00am
Bhutto void requires wider US outreach in Pakistan

Bhutto void requires wider US outreach in Pakistan

The United States said on Friday it was reaching out to a wide range of political players in Pakistan after the death of opposition leader Benazir Bhutto - a move critics said Washington should have begun years ago.
Published 31 Dec, 2007 12:00am
Benazir Bhutto - a requiem

Benazir Bhutto - a requiem

I, like the majority of Pakistanis, never knew Benazir Bhutto personally, but unlike them I did have the pleasure of meeting her once in my office as a journalist sworn to show no courtesy to politicians whom I held personally responsible for all the ailm
Published 31 Dec, 2007 12:00am
Rationale for a competition control agency - II

Rationale for a competition control agency - II

Here, I must also point out that insofar as corporate governance is concerned, most securities commissions in developing countries find themselves handicapped because the social and commercial pressures to promote good governance just do not exist. In dev
Published 31 Dec, 2007 12:00am
Pak-Afghan ties warming up

Pak-Afghan ties warming up

Afghan President Hamid Karzai's latest visit to Pakistan is notable for the conciliatory tone he and his host President Pervez Musharraf adopted towards one another. Contrary to their show of annoyance towards each other at most previous public events, bo
Published 31 Dec, 2007 12:00am
Oil and gas production

Oil and gas production

The government's efforts to exploit natural carbon resources in Pakistan to increase the indigenous share in energy supplies have proved largely unfruitful, as local oil and gas production remained stagnant during 2004-05 to 2006-07, says a Recorder Re
Published 31 Dec, 2007 12:00am
Musharraf fails to curb terrorism: PML-N

Musharraf fails to curb terrorism: PML-N

Pakistan Muslim League-Nawaz (PML-N) leaders on Sunday said that assassination of former prime minister Benazir Bhutto was a failure on the part of law-enforcement agencies and the Musharraf government remained unable to control terrorism in the country.
Published 31 Dec, 2007 12:00am
Pakistan can survive latest chaos: analysts

Pakistan can survive latest chaos: analysts

Born from chaos and bloodshed, and still steeped in turmoil 60 years on, Pakistan has repeatedly defied predictions that the centre of the world's only nuclear-armed Islamic nation cannot hold.
Published 31 Dec, 2007 12:00am
Pakistan can survive latest chaos: analysts

Pakistan can survive latest chaos: analysts

Born from chaos and bloodshed, and still steeped in turmoil 60 years on, Pakistan has repeatedly defied predictions that the centre of the world's only nuclear-armed Islamic nation cannot hold.
Published 31 Dec, 2007 12:00am
Most commodities register sharp jump in wholesale market

Most commodities register sharp jump in wholesale market

The most commodities, including the essentials registered substantial sharp jump on the wholesale markets, when they opened after long Eidul Azha holidays and the and Quaid's birth anniversary holiday.
Published 31 Dec, 2007 12:00am
Petrol pumps in Jamshed Town reopen

Petrol pumps in Jamshed Town reopen

On the direction of Nazim Jamshed Town Javed Ahmed petrol pumps and shops were opened in the town here on Sunday. The Nazim also ensured due security by the town police and administration. He urged them to play their due role in resumption of normal publi
Published 31 Dec, 2007 12:00am
Task force for narcotics eradication soon

Task force for narcotics eradication soon

A task force would be set up for the eradication of narcotics. This was announced by the Sindh Minister for Excise and Taxation, Dr Abdul Karim Mahar, here on Sunday. He said this task force would consist of police, Rangers and the personnel of the excise
Published 31 Dec, 2007 12:00am
Life crawls back to normalcy

Life crawls back to normalcy

Life started crawling back to normal in the country after three days of violence following the assassination of Benazir Bhutto, but fears kept both things and hopes fragile. A further improvement is what is in the sights after Pakistan Peoples Party (PPP)
Published 31 Dec, 2007 12:00am
Life crawls back to normalcy

Life crawls back to normalcy

Life started crawling back to normal in the country after three days of violence following the assassination of Benazir Bhutto, but fears kept both things and hopes fragile. A further improvement is what is in the sights after Pakistan Peoples Party (PPP)
Published 31 Dec, 2007 12:00am
Soyem of Benazir Bhutto held

Soyem of Benazir Bhutto held

The Soyem of Chairperson of PPP, late Mohtarma Benazir Bhutto, was held on Sunday at Naudero House. Quran Khawani was arranged on the occasion for the "Isal-i-Sawab" to the departed soul. An `Ijtimai Dua' was also offered on the occasion and was led by Mu
Published 31 Dec, 2007 12:00am
'Discovery of microwaves has revolutionised our lives'

'Discovery of microwaves has revolutionised our lives'

Dr A Q Ansari Ex-Vice Chancellor, SAU Tando Jam and Rectar Al-Khair University Islamabad Dr B A. Sheikh Vice Chancellor, SAU Tando Jam And Dr G H Jamro Professor, Department of Agronomy, S A U Tando Jam has said that the microwaves are electromagnetic wav
Published 31 Dec, 2007 12:00am
Benazir's death may adversely affect cotton market

Benazir's death may adversely affect cotton market

On December 15, arrivals of seed-cotton were reported at 8.359 million local weight bales, which were 1.878 million bales (18.345 percent) short from corresponding period of last year.
Published 31 Dec, 2007 12:00am
Benazir's death may adversely affect cotton market

Benazir's death may adversely affect cotton market

On December 15, arrivals of seed-cotton were reported at 8.359 million local weight bales, which were 1.878 million bales (18.345 percent) short from corresponding period of last year.
Published 31 Dec, 2007 12:00am
Soyem for Benazir at Nichari Hazara

Soyem for Benazir at Nichari Hazara

Quran Khawani and Fateha Khawani were arranged for the departed soul of slain chairperson PPP Benazir Bhutto here at Imambargah Nichari Hazara on her Soyem on Sunday. Hundreds of people, central provincial leaders and workers of the party attended the Qur
Published 31 Dec, 2007 12:00am
Trading, prices show improvement as markets open after long recess

Trading, prices show improvement as markets open after long recess

Trading and prices both showed improvements on the cotton market following week-long recess due to the Eidul Azha celebrations. However, business is likely to pick up hopefully for two three days. Spot on Thursday had been risen to Rs 50 to Rs 3025.
Published 31 Dec, 2007 12:00am
Trading, prices show improvement as markets open after long recess

Trading, prices show improvement as markets open after long recess

Trading and prices both showed improvements on the cotton market following week-long recess due to the Eidul Azha celebrations. However, business is likely to pick up hopefully for two three days. Spot on Thursday had been risen to Rs 50 to Rs 3025.
Published 31 Dec, 2007 12:00am
Parties urged to keep national interests supreme

Parties urged to keep national interests supreme

Following Mohtarma Benazir Bhutto's assassination, Caretaker Minister for Communication Barrister Habibur Rehman Sunday urged all political parties to forge unity among their ranks, keeping national interests supreme.
Published 31 Dec, 2007 12:00am
Benazir's death repeats South Asia's tragic history

Benazir's death repeats South Asia's tragic history

The assassination of Benazir Bhutto is the latest deadly chapter plaguing South Asia's dynasties and shows violence has become entrenched in the region's political culture, analysts say. Ruling families from the Bhuttos of Pakistan to the Gandhis of India
Published 31 Dec, 2007 12:00am
'Long live Bhutto' were Benazir's last words: Abbasi

'Long live Bhutto' were Benazir's last words: Abbasi

Benazir's last words were "Long live Bhutto", the chief political adviser with the former Pakistani prime minister as she was killed told the British newspaper The Sunday Telegraph.
Published 31 Dec, 2007 12:00am
Who killed Benazir? We may never know

Who killed Benazir? We may never know

As with other assassinations in Pakistan's bloody political history, the world may never know who killed Benazir - but there is no shortage of potential culprits to choose from, analysts say.
Published 31 Dec, 2007 12:00am
Minister appeals for peace and solidarity

Minister appeals for peace and solidarity

Caretaker provincial Law and Parliamentary Affairs Minister, Mahmood A Sheikh has said that the tragic and untimely death of Mohtarma Benazir Bhutto in Liaqatbagh is a national loss as Pakistan has lost her finest democratic leader at a time when we most
Published 31 Dec, 2007 12:00am
PML-Q suspends campaigning

PML-Q suspends campaigning

The party backing President Pervez Musharraf, PML-Q has suspended campaigning for January 8 elections, a spokesman said on Sunday, adding that a 12-week delay in the vote was "realistic". Tariq Azim, former deputy information minister, said that condition
Published 31 Dec, 2007 12:00am
Gul terms army deployment in Sindh unwise

Gul terms army deployment in Sindh unwise

Former ISI chief Lieutenant General Hameed Gul (Retd) has termed decision about deployment of army in Sindh as unwise and demanded to resolve issue through political means.
Published 31 Dec, 2007 12:00am
Five killed in Narowal

Five killed in Narowal

Five people were killed while three sustained serious injuries due to old enmity in Narowal last night disclosed Tahir Yousaf District Co-ordination Officer (DCO) Narowal.
Published 31 Dec, 2007 12:00am
Thousands gather at Bhutto's ancestral home

Thousands gather at Bhutto's ancestral home

Thousands of people on Sunday chanted anti-government slogans at the family home of slain Pakistan opposition leader Benazir ahead of the reading of her will, an AFP correspondent saw.
Published 31 Dec, 2007 12:00am
Contradictory statements reflect failure of government: Baloch

Contradictory statements reflect failure of government: Baloch

Naib Amir Jamaat-i-Islami (JI) Liaquat Baloch has said that contradictory statements are the failures of government and the interior ministry. Talking to newsmen after expressing his sorrow with Asif Ali Zardari the spouse of Benazir Bhutto here on Sunday
Published 31 Dec, 2007 12:00am
Fazal condoles with Asif on phone

Fazal condoles with Asif on phone

Chief Jamiat-e-Ulema Islam (JUI), Maulana Fazal ur Rehman has telephoned Asif Ali Zardari and expressed his sorrow and grief over the assassination of former prime minister Benazir Bhutto. JUI central secretary Information Maulana Muhammad Amjad Khan stat
Published 31 Dec, 2007 12:00am
Benazir's murder a conspiracy against federation: Khar

Benazir's murder a conspiracy against federation: Khar

Former leader of Pakistan People's Party Malik Ghulam Mustafa Khar expressed heartfelt condolence on the tragic death of Benazir Bhutto, terming it conspiracy against the federation. Talking to newsmen, he said, someone in fact exploded bomb in the founda
Published 31 Dec, 2007 12:00am
Aitzaz prevented to attend Benazir's soyem

Aitzaz prevented to attend Benazir's soyem

Pakistan People's Party (PPP) detained leader and Supreme Court Bar Association (SCBA) President Aitzaz Ahsan has been prevented to attend Soyem of PPP Chairperson Benazir Bhutto. A heavy contingent of police was deployed at Aitzaz Ahsan residence and his
Published 31 Dec, 2007 12:00am
JKPL condemns Benazir's assassination

JKPL condemns Benazir's assassination

In occupied Kashmir, Chairman Jammu and Kashmir People's League (JKPL) Sheikh Abdul Aziz while condemning the assassination of Mohtarma Benazir Bhutto said that her death was a great loss to Pakistani and Kashmiri people.
Published 31 Dec, 2007 12:00am
Makhdoom demands fair probe into Benazir murder

Makhdoom demands fair probe into Benazir murder

Leader of Pakistan People's Party Makhdoom Amin Fahim has called for fair and transparent investigation into the assassination of party Chairperson Benazir Bhutto to satisfy the masses.
Published 31 Dec, 2007 12:00am
Zardari appeals workers to remain united, peaceful

Zardari appeals workers to remain united, peaceful

PPP central leader Asif Ali Zardari has appealed to the workers to remain united and peaceful. In his brief address here Sunday, he said the murder of Benazir Bhutto is a national tragedy and irreparable loss, which could be overcome with great courage to
Published 31 Dec, 2007 12:00am
Three income tax officials to face suspension

Three income tax officials to face suspension

The Federal Board of Revenue (FBR) has decided to suspend three senior income tax officials of Karachi, who sanctioned Rs 138.460 million refunds on bogus ''tax deduction certificates'' issued by some stock exchange members.
Published 31 Dec, 2007 12:00am
Three income tax officials to face suspension

Three income tax officials to face suspension

The Federal Board of Revenue (FBR) has decided to suspend three senior income tax officials of Karachi, who sanctioned Rs 138.460 million refunds on bogus 'tax deduction certificates' issued by some stock exchange members.
Published 31 Dec, 2007 12:00am
Three income tax officials to face suspension

Three income tax officials to face suspension

The Federal Board of Revenue (FBR) has decided to suspend three senior income tax officials of Karachi, who sanctioned Rs 138.460 million refunds on bogus 'tax deduction certificates' issued by some stock exchange members.
Published 31 Dec, 2007 12:00am
Cabinet debates poll, law and order issues today: Memon

Cabinet debates poll, law and order issues today: Memon

The Federal Cabinet would meet here on December 31 to discuss issues relating to the forthcoming elections and review prevailing law and order situation in the country. Caretaker Information and Broadcasting Minister Senator Nisar A. Memon stated this whi
Published 31 Dec, 2007 12:00am
Cabinet debates poll, law and order issues today: Memon

Cabinet debates poll, law and order issues today: Memon

The Federal Cabinet would meet here on December 31 to discuss issues relating to the forthcoming elections and review prevailing law and order situation in the country. Caretaker Information and Broadcasting Minister Senator Nisar A. Memon stated this whi
Published 31 Dec, 2007 12:00am
Train service resumes today

Train service resumes today

Rail services from Karachi will resume on Monday, four days after rioters torched trains and uprooted tracks following the killing of Benazir Bhutto, a minister said.
Published 31 Dec, 2007 12:00am
Train service resumes today

Train service resumes today

Rail services from Karachi will resume on Monday, four days after rioters torched trains and uprooted tracks following the killing of Benazir Bhutto, a minister said.
Published 31 Dec, 2007 12:00am
High-level meeting reviews security situation

High-level meeting reviews security situation

The situation in the wake of assassination of former prime minister and PPP Chairperson Benazir Bhutto came under review at a high-level meeting held under the chairmanship of caretaker Sindh Home Minister Brigadier Akhtar Zamin (Retd) to discuss the stra
Published 31 Dec, 2007 12:00am
DIG contradicts news item

DIG contradicts news item

Deputy Inspector General Police Rawalpindi Saud Aziz on Sunday contradicted the news item appearing in a section of press quoting the statement of Barrister Athar Minallah regarding post-mortem of Benazir. Talking to APP, he said it was a political statem
Published 31 Dec, 2007 12:00am
Two would-be suicide bombers killed

Two would-be suicide bombers killed

Two suspected suicide bombers were killed on Sunday when their bomb exploded prematurely near the residence of a former minister, police said. The attackers were travelling by motorbike to target the residence of Ijaz ul Haq in Haroonabad, said local poli
Published 31 Dec, 2007 12:00am
Two would-be suicide bombers killed

Two would-be suicide bombers killed

Two suspected suicide bombers were killed on Sunday when their bomb exploded prematurely near the residence of a former minister, police said. The attackers were travelling by motorbike to target the residence of Ijaz ul Haq in Haroonabad, said local poli
Published 31 Dec, 2007 12:00am
French foreign minister heading to Pakistan

French foreign minister heading to Pakistan

French Foreign Minister Bernard Kouchner will head to Pakistan in the next 48 hours, the spokesman of French President Nicolas Sarkozy told reporters in Cairo on Sunday. Sarkozy called Pakistani President Pervez Musharraf and "offered to send Bernard Kouc
Published 31 Dec, 2007 12:00am
French foreign minister heading to Pakistan

French foreign minister heading to Pakistan

French Foreign Minister Bernard Kouchner will head to Pakistan in the next 48 hours, the spokesman of French President Nicolas Sarkozy told reporters in Cairo on Sunday. Sarkozy called Pakistani President Pervez Musharraf and "offered to send Bernard Kouc
Published 31 Dec, 2007 12:00am
Israel condemns Benazir killing

Israel condemns Benazir killing

Israeli Prime Minister Ehud Olmert on Sunday condemned last week's assassination of Pakistani opposition leader Benazir Bhutto, branding it as an act of Islamic extremism. "We heard with great sorrow and bow our heads in the memory of the freedom fighter
Published 31 Dec, 2007 12:00am
Pelosi questions Benazir's killing probe

Pelosi questions Benazir's killing probe

Washington should address "troubling questions" about Pakistan's probe of Benazir's assassination and its co-operation in fighting terrorism before extending any more aid, US House of Representatives Speaker Nancy Pelosi said on Saturday.
Published 31 Dec, 2007 12:00am
Pelosi questions Benazir's killing probe

Pelosi questions Benazir's killing probe

Washington should address "troubling questions" about Pakistan's probe of Benazir's assassination and its co-operation in fighting terrorism before extending any more aid, US House of Representatives Speaker Nancy Pelosi said on Saturday.
Published 31 Dec, 2007 12:00am
US stuck with Musharraf: White House runners

US stuck with Musharraf: White House runners

Top presidential candidates said on Sunday the United States was stuck for now with President Pervez Musharraf at a time of boiling unrest. But Democratic and Republican runners said the US administration should still be pressing Musharraf for tougher ant
Published 31 Dec, 2007 12:00am
US stuck with Musharraf: White House runners

US stuck with Musharraf: White House runners

Top presidential candidates said on Sunday the United States was stuck for now with President Pervez Musharraf at a time of boiling unrest. But Democratic and Republican runners said the US administration should still be pressing Musharraf for tougher ant
Published 31 Dec, 2007 12:00am
Sectarian violence in Parachinar claims 13 lives

Sectarian violence in Parachinar claims 13 lives

More than a dozen people have died in fresh clashes between heavily armed rival tribes in Parachinar, plagued by sectarian violence, security officials said on Sunday. Sunni and Shiite tribes perched on hills in villages outside the town of Parachinar are
Published 31 Dec, 2007 12:00am
Sectarian violence in Parachinar claims 13 lives

Sectarian violence in Parachinar claims 13 lives

More than a dozen people have died in fresh clashes between heavily armed rival tribes in Parachinar, plagued by sectarian violence, security officials said on Sunday. Sunni and Shiite tribes perched on hills in villages outside the town of Parachinar are
Published 31 Dec, 2007 12:00am
Benazir's assassination: judicial probe not yet started

Benazir's assassination: judicial probe not yet started

Caretaker Punjab Chief Minister former justice Ejaz Nisar on Sunday said that police inquiry of Liaquatbagh tragic incident, which claimed the life of PPP Chairperson Benazir Bhutto, is under way. However, judicial probe could not be started so far, as an
Published 31 Dec, 2007 12:00am
Benazir's assassination: judicial probe not yet started

Benazir's assassination: judicial probe not yet started

Caretaker Punjab Chief Minister former justice Ejaz Nisar on Sunday said that police inquiry of Liaquatbagh tragic incident, which claimed the life of PPP Chairperson Benazir Bhutto, is under way. However, judicial probe could not be started so far, as an
Published 31 Dec, 2007 12:00am
BoJ eyes cut in growth forecast

BoJ eyes cut in growth forecast

The Bank of Japan is considering slashing the nation's economic growth forecast for the fiscal year to March to as low as 1.3 percent from its current 1.8 percent, the Mainichi Shimbun reported Sunday. The expected downward revision is mainly due to an ov
Published 31 Dec, 2007 12:00am
North Korea set to start 2008 with missed nuclear date

North Korea set to start 2008 with missed nuclear date

North Korea appears almost certain to miss a deadline in a nuclear deal, a development that is unlikely to scuttle the disarmament-for-aid pact it reached with regional powers but could hamper its implementation.
Published 31 Dec, 2007 12:00am
Brussels cancels New Year fireworks over security

Brussels cancels New Year fireworks over security

The city of Brussels has cancelled its traditional fireworks display to see in the New Year on Monday night due to an ongoing state of heightened security. Mayor Freddy Thielemans decided to limit festivities on the advice of Belgium's crisis co-ordinatio
Published 31 Dec, 2007 12:00am
Eight killed as Taliban attack convoy

Eight killed as Taliban attack convoy

Six security guards and two policemen were killed when Taliban attacked a convoy, hauling supplies to foreign forces in southern Afghanistan, police said on Sunday. The attack took place in Maidan Shar district of southern Wardak province on Sunday mornin
Published 31 Dec, 2007 12:00am
Japan's economy licks self-inflicted wounds

Japan's economy licks self-inflicted wounds

Never mind the US subprime loan crisis, the main cause of Japan's lacklustre economic performance this year is entirely self-inflicted, according to analysts.
Published 31 Dec, 2007 12:00am
LSE stays range-bound

LSE stays range-bound

Dullness prevailed in the Lahore share market where equities stayed range-bound on account of investors' alienated attitude since they awaited completion of the election process during the past week.
Published 31 Dec, 2007 12:00am
LSE stays range-bound

LSE stays range-bound

Dullness prevailed in the Lahore share market where equities stayed range-bound on account of investors' alienated attitude since they awaited completion of the election process during the past week.
Published 31 Dec, 2007 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Rising demand for dollars pushed the rupee down in the currency market amid shortened week, money experts said. Former prime minister and Pakistan People's Party (PPP) Chairperson Benazir Bhutto was assassinated on Thursday and the government announced th
Published 31 Dec, 2007 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Rising demand for dollars pushed the rupee down in the currency market amid shortened week, money experts said. Former prime minister and Pakistan People's Party (PPP) Chairperson Benazir Bhutto was assassinated on Thursday and the government announced th
Published 31 Dec, 2007 12:00am
CFS investment at Rs 54.5 billion

CFS investment at Rs 54.5 billion

Total investment under Continuous Funding System (CFS) at Karachi share market remained near its upper cap of Rs 55 billion during the outgoing week ended on December 27, 2007. On the last trading day of the week, the CFS investment was recorded at Rs 54.
Published 31 Dec, 2007 12:00am
CFS investment at Rs 54.5 billion

CFS investment at Rs 54.5 billion

Total investment under Continuous Funding System (CFS) at Karachi share market remained near its upper cap of Rs 55 billion during the outgoing week ended on December 27, 2007. On the last trading day of the week, the CFS investment was recorded at Rs 54.
Published 31 Dec, 2007 12:00am
CFS investment at Rs 54.5 billion

CFS investment at Rs 54.5 billion

Total investment under Continuous Funding System (CFS) at Karachi share market remained near its upper cap of Rs 55 billion during the outgoing week ended on December 27, 2007. On the last trading day of the week, the CFS investment was recorded at Rs 54.
Published 31 Dec, 2007 12:00am
CFS investment at Rs 54.5 billion

CFS investment at Rs 54.5 billion

Total investment under Continuous Funding System (CFS) at Karachi share market remained near its upper cap of Rs 55 billion during the outgoing week ended on December 27, 2007. On the last trading day of the week, the CFS investment was recorded at Rs 54.
Published 31 Dec, 2007 12:00am
Bullish trend on KSE

Bullish trend on KSE

The share market, Karachi Stock Exchange (KSE), witnessed bullish trend during the outgoing week as the benchmark KSE-100 index hit at all-time high level of 14,814.85 points. It, however, finally closed below that level as the investors opted for profit-
Published 31 Dec, 2007 12:00am
Bullish trend on KSE

Bullish trend on KSE

The share market, Karachi Stock Exchange (KSE), witnessed bullish trend during the outgoing week as the benchmark KSE-100 index hit at all-time high level of 14,814.85 points. It, however, finally closed below that level as the investors opted for profit-
Published 31 Dec, 2007 12:00am
Bullish trend on KSE

Bullish trend on KSE

The share market, Karachi Stock Exchange (KSE), witnessed bullish trend during the outgoing week as the benchmark KSE-100 index hit at all-time high level of 14,814.85 points. It, however, finally closed below that level as the investors opted for profit-
Published 31 Dec, 2007 12:00am
Cabinet to approve draft Demutualisation Ordinance 2007 today

Cabinet to approve draft Demutualisation Ordinance 2007 today

The federal cabinet is likely to approve the draft Stock Exchanges, Corporatisation, Demutualisation and Integration Ordinance 2007 on Monday, empowering the Securities and Exchange Commission of Pakistan (SECP) to disallow brokers not to exceed the appro
Published 31 Dec, 2007 12:00am
Cabinet to approve draft Demutualisation Ordinance 2007 today

Cabinet to approve draft Demutualisation Ordinance 2007 today

The federal cabinet is likely to approve the draft Stock Exchanges, Corporatisation, Demutualisation and Integration Ordinance 2007 on Monday, empowering the Securities and Exchange Commission of Pakistan (SECP) to disallow brokers not to exceed the appro
Published 31 Dec, 2007 12:00am
Cabinet to approve draft Demutualisation Ordinance 2007 today

Cabinet to approve draft Demutualisation Ordinance 2007 today

The federal cabinet is likely to approve the draft Stock Exchanges, Corporatisation, Demutualisation and Integration Ordinance 2007 on Monday, empowering the Securities and Exchange Commission of Pakistan (SECP) to disallow brokers not to exceed the appro
Published 31 Dec, 2007 12:00am
KSE may take a sharp tumble

KSE may take a sharp tumble

Pakistan''s stocks are set to tumble on Monday as the political turmoil and violence unleashed after the killing of Benazir Bhutto threatens to scare off foreign investors and damage the economy.
Published 31 Dec, 2007 12:00am