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Sep 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-01-13
Acer achieves 335.1 percent growth

Acer achieves 335.1 percent growth

Acer Computer is the number one IT vendor in Pakistan with a market share of 6.6 percent, says IDC, the international research and analyst house. Acer notebooks have been very well received in Pakistan. Acer's year-on-year growth for notebooks for Q3 of 2
Published 13 Jan, 2008 12:00am
Acer achieves 335.1 percent growth

Acer achieves 335.1 percent growth

Acer Computer is the number one IT vendor in Pakistan with a market share of 6.6 percent, says IDC, the international research and analyst house. Acer notebooks have been very well received in Pakistan. Acer's year-on-year growth for notebooks for Q3 of 2
Published 13 Jan, 2008 12:00am
Irsa releases 55,270 cusecs water from reservoirs

Irsa releases 55,270 cusecs water from reservoirs

Indus River System Authority (Irsa) on Saturday discharged 55,270 cusecs water from various rim stations. According to Irsa, an overall water inflow from various reservoirs recorded on Saturday was 69,072 cusecs. Water level at Tarbela dam recorded was 14
Published 13 Jan, 2008 12:00am
Sketch of Lahore suicide bomber released

Sketch of Lahore suicide bomber released

Pakistani newspapers on Saturday published pictures of the head of a suspected suicide bomber who killed 21 police officers and three civilians on Thursday in Lahore, the provincial capital of eastern Punjab province.
Published 13 Jan, 2008 12:00am
Qazi lauds Musharraf's 'anti-US' statement

Qazi lauds Musharraf's 'anti-US' statement

The amir of Jamaat-i-Islami, Qazi Hussain Ahmad, has commended President Pervez Musharraf for giving a courageous reply to the US, for the first time, and stressed for materialising his words.
Published 13 Jan, 2008 12:00am
Shehryar Mazari files complaints of pre-poll rigging

Shehryar Mazari files complaints of pre-poll rigging

A National Assembly candidate of Pakistan Peoples Party (PPP), Shehryar Mazari has lodged complaints of serious electoral malpractice in his constituency NA-210 Kashmore, the source said.
Published 13 Jan, 2008 12:00am
Fatima Bhutto criticises Bilawal's appointment

Fatima Bhutto criticises Bilawal's appointment

Benazir Bhutto's niece, in an interview published on Saturday, has described as "dangerous" the idea that Pakistan People's Party (PPP) should be led by a member of the family. Fatima Bhutto, 25, is still seen by some in Pakistan as potential heir to the
Published 13 Jan, 2008 12:00am
Zardari wants US to help restore democracy in Pakistan

Zardari wants US to help restore democracy in Pakistan

Co-chairman of Pakistan Peoples Party (PPP) Asif Ali Zardari has said that the first challenge for his party is to win the upcoming elections, adding that the United States should cooperate for restoration of democracy in Pakistan.
Published 13 Jan, 2008 12:00am
Tehmina regrets vilification drive against Nawaz

Tehmina regrets vilification drive against Nawaz

Pakistan Muslim League (PML-N) Vice President Tehmina Daultana has regretted the vilification campaign against Mian Nawaz Sharif by some politicians. Talking to journalists on Saturday, she said the ongoing blame-game was neither good politics nor in the
Published 13 Jan, 2008 12:00am
Shahbaz meets Saudi envoy

Shahbaz meets Saudi envoy

PML-N President Shahbaz Sharif met Saudi Arabian Ambassador Ali Awadhi Asseri here on Saturday, party sources said. They said that he made a courtesy call on the envoy as the Sharif family has good relations with the Saudi royal family. According to sourc
Published 13 Jan, 2008 12:00am
'LPG crisis may further aggravate'

'LPG crisis may further aggravate'

The LPG Distributors Association has cautioned that the current crisis of liquefied petroleum gas (LPG) may further aggravate as the marketing companies have refused to sell the gas at the price fixed by Oils and Gas Regulatory Authority (OGRA).
Published 13 Jan, 2008 12:00am
Two dacoits held after encounter with rangers

Two dacoits held after encounter with rangers

Pakistan Rangers arrested two robbers here on Saturday night after a brief encounter over Baloch Colony fly-over. One SMG and a TT pistol were recovered from the possession of the accused persons.
Published 13 Jan, 2008 12:00am
Wapda power supply cutback adds to city's woes

Wapda power supply cutback adds to city's woes

The city on Saturday once again was hit by prolonged power outages, as Water and Power Development Authority (Wapda) further restricted power supply to Karachi to 250MW.
Published 13 Jan, 2008 12:00am
Tributes paid to Hazrat Imam Hussain

Tributes paid to Hazrat Imam Hussain

A Mehfil-e-Salam was arranged by Punjab Institute of Language Art & Culture (Pilac), to pay tributes to Hazrat Imam Hussain here on Saturday. Prominent Punjabi poets participated in the Mehfil, which was presided over by well-known poet and critic Akhtar
Published 13 Jan, 2008 12:00am
UK Muslim Council regrets Bishop's remarks

UK Muslim Council regrets Bishop's remarks

The Muslim Council of Britain has regretted the recent comments made by Bishop of Rochester Dr Michael Nazir Ali and stressed the need to encourage and work hard to foster interfaith harmony rather than create mistrust and suspicion.
Published 13 Jan, 2008 12:00am
Minister visits jail

Minister visits jail

Federal Minister for Law, Justice and Parliamentary Affairs Syed Afzal Haider visited Kot Lakh Pat Jail in Lahore on Saturday. His visit came following a string of complaints from inmates about delays in hearing and processing of their appeals, especially
Published 13 Jan, 2008 12:00am
'Benazir's case does not fit into UN probe standards'

'Benazir's case does not fit into UN probe standards'

The President's spokesman on Saturday said that there was no point in demanding a UN probe into the death of Benazir Bhutto as the case did not fit into the standards for such investigation.
Published 13 Jan, 2008 12:00am
'Government committed to hold transparent elections'

'Government committed to hold transparent elections'

Caretaker Federal Minister for Information Technology Dr Abdullah Riar has said the mandate of the caretaker government stands very clear, to hold free, fair and transparent elections. Talking to CNBC, he caretaker government, he said, endeavoured to ensu
Published 13 Jan, 2008 12:00am
US face tough resistance if attacks Fata: Hameeduallah

US face tough resistance if attacks Fata: Hameeduallah

The NA candidate for NA-46 Khyber Agency Senator Hameedullah Jan Afridi has said that US's proposed plan to expand their military activities in the tribal areas has crated great unrest among the law abiding tribesmen.
Published 13 Jan, 2008 12:00am
Mobile unit service being launched to control growth rate

Mobile unit service being launched to control growth rate

The Secretary, Population Welfare Department (PWD), Sindh, Ilmdin Bullo has said that all out efforts are being taken by the department to motivate people of rural areas of province to plan their family as growth of population is a major challenge in the
Published 13 Jan, 2008 12:00am
Establishment did not want Benazir in politics: Hashmi

Establishment did not want Benazir in politics: Hashmi

Pakistan Muslim League-Nawaz (PML-N) Vice President Makhdoom Javed Hashmi has said that the establishment did not want to see slain Chairperson of Pakistan Peoples Party (PPP) Benazir in politics.
Published 13 Jan, 2008 12:00am
PML-Q to win elections on its performance: Elahi

PML-Q to win elections on its performance: Elahi

Pakistan Muslim League (PML-Q) Punjab president and former chief minister Chaudhry Pervaiz Elahi said his party carried out record development projects in the last five years and people will vote for them on the basis of their performance.
Published 13 Jan, 2008 12:00am
Jamaat-i-Islami slams US media for targeting Pakistan

Jamaat-i-Islami slams US media for targeting Pakistan

The Senator, Professor Khurshid Ahmad, Vice Chief of the Jamaat-i-Islami (JI) Pakistan has strongly condemned the sustained and co-ordinate efforts of the US presidential candidates, White House spokespersons and the US media for targeting Pakistan and se
Published 13 Jan, 2008 12:00am
Security beefed up for Muharram

Security beefed up for Muharram

The strict security arrangements enforced since yesterday by the authorities as part of the overall nation-wide security alert for the month of Muharram which began yesterday. In Karachi patrolling and presence of police and rangers pickets at all importa
Published 13 Jan, 2008 12:00am
Two islands to emerge in Mangla Dam construction

Two islands to emerge in Mangla Dam construction

With the completion of Rs 62 billion under-construction Mangla dam raising project, two islands will emerge in picturesque Mangla Dam reservoir here through the construction of two required dykes by Wapda, official sources said.
Published 13 Jan, 2008 12:00am
Namira's South Pole expedition another laurel for Pakistan

Namira's South Pole expedition another laurel for Pakistan

During her last visit to Pakistan on December 24th, Namira Salim, the first Pakistani astronaut was presented with a National flag by Caretaker Prime Minister Mohammadmian Soomro. This flag was to be hoisted by Namra as the first Pakistani citizen at the
Published 13 Jan, 2008 12:00am
Flour bags seized

Flour bags seized

The political administration raided a store and seized hundreds of flour bags in Landi Kotal bazaar on Saturday. Tahir Khan, the owner of the store, was allegedly selling flour in the market on more than the fixed rate despite the flour being for the comm
Published 13 Jan, 2008 12:00am
Shopkeepers, flour mills fined for overcharging

Shopkeepers, flour mills fined for overcharging

The Special Judicial Magistrate in operation against the flour hoarders and profiteers has fined 132 shopkeepers, chakkis and flour mills on charges of selling atta at high price and hoarding.
Published 13 Jan, 2008 12:00am
Apartment building ablaze in PECHS

Apartment building ablaze in PECHS

Fire broke out in a residential building in PECHS Society, which was put out without any major loss of life or property here on Saturday. A resident of house number 33-E, Yasin, informed the fire brigade about the fire and told that some people were stran
Published 13 Jan, 2008 12:00am
Pakistan denies deported New York Times magazine reporter

Pakistan denies deported New York Times magazine reporter

A media watchdog said Pakistan had expelled a reporter for the New York Times Magazine who interviewed Taliban leaders and visited Balochistan province on the Afghan border but the government denied he was deported. The Pakistani government said he
Published 13 Jan, 2008 12:00am
Pakistan denies deported New York Times magazine reporter

Pakistan denies deported New York Times magazine reporter

A media watchdog said Pakistan had expelled a reporter for the New York Times Magazine who interviewed Taliban leaders and visited Balochistan province on the Afghan border but the government denied he was deported. The Pakistani government said he
Published 13 Jan, 2008 12:00am
CEC takes serious notice: police officers' transfers in Sindh

CEC takes serious notice: police officers' transfers in Sindh

The Chief Election Commission, Qazi Muhammad Farooq, has taken serious notice of the large-scale postings/transfers of police officers in Sindh, after issuance of Election Schedule. He said the transferred was ordered despite the ban imposed by the Electi
Published 13 Jan, 2008 12:00am
CEC takes serious notice: police officers' transfers in Sindh

CEC takes serious notice: police officers' transfers in Sindh

The Chief Election Commission, Qazi Muhammad Farooq, has taken serious notice of the large-scale postings/transfers of police officers in Sindh, after issuance of Election Schedule. He said the transferred was ordered despite the ban imposed by the Electi
Published 13 Jan, 2008 12:00am
UK picks Northern Rock boss as nationalisation looms

UK picks Northern Rock boss as nationalisation looms

Britain could take a decision to nationalise ailing mortgage bank Northern Rock within days and has lined up respected executive Ron Sandler to run the bank if the state takes control, the BBC said on Saturday.
Published 13 Jan, 2008 12:00am
ANC 96th year marked: Zuma takes hard line on unity

ANC 96th year marked: Zuma takes hard line on unity

ANC leader Jacob Zuma appealed for unity on Saturday after a leadership battle that exposed deep divides in South Africa's ruling coalition and vowed serious action against anyone trying to undermine the party.
Published 13 Jan, 2008 12:00am
Two Hamas gunmen killed in air strike

Two Hamas gunmen killed in air strike

An Israeli air strike killed at least two Hamas gunmen and critically wounded another in the southern Gaza Strip on Saturday, local medical workers and officials said. Hamas said the missile hit one of their military positions in the town of Khan Younis a
Published 13 Jan, 2008 12:00am
Indonesian maid beheaded in Saudi Arabia

Indonesian maid beheaded in Saudi Arabia

An Indonesian housemaid was beheaded by the sword in Saudi Arabia on Saturday after being convicted of killing her female employer, the interior ministry said.
Published 13 Jan, 2008 12:00am
Nigerian fuel tanker blast kills 30

Nigerian fuel tanker blast kills 30

At least 30 people were killed and shops and vehicles destroyed Saturday when a fuel tanker exploded in Port Harcourt, the hub of Nigeria's multi-billion-dollar oil industry and a target of attacks by militants.
Published 13 Jan, 2008 12:00am
Gulf Air places $4 billion order with Boeing

Gulf Air places $4 billion order with Boeing

The Bahrain-based airline Gulf Air has ordered 16 Boeing 787 Dreamliners valued at around four billion dollars and taken options for eight more, an airline official told AFP on Saturday.
Published 13 Jan, 2008 12:00am
Bush urges Arab nations to support Middle East peace process

Bush urges Arab nations to support Middle East peace process

US President George W. Bush called upon Arab nations Saturday to fulfill their responsibilities in helping the Palestinians reach a peace deal with Israel and achieving an overall reconciliation with the Jewish state.
Published 13 Jan, 2008 12:00am
India-China ties set to enter 'dynamic' phase: Singh

India-China ties set to enter 'dynamic' phase: Singh

Setting a positive tone ahead of his talks with the Chinese leadership, Indian Prime Minister Manmohan Singh on Saturday said India-China relations were poised to enter a "vibrant and dynamic phase."
Published 13 Jan, 2008 12:00am
India-China ties set to enter 'dynamic' phase: Singh

India-China ties set to enter 'dynamic' phase: Singh

Setting a positive tone ahead of his talks with the Chinese leadership, Indian Prime Minister Manmohan Singh on Saturday said India-China relations were poised to enter a "vibrant and dynamic phase."
Published 13 Jan, 2008 12:00am
Ban on USC flour quota lifted

Ban on USC flour quota lifted

To ensure availability of wheat flour at low rate, the government has lifted the quota limit for Utility Stores Corporation. The decision was taken at a meeting of Ministry of Food and Agriculture headed by Additional Secretary, Food and Agriculture Shahi
Published 13 Jan, 2008 12:00am
Ban on USC flour quota lifted

Ban on USC flour quota lifted

To ensure availability of wheat flour at low rate, the government has lifted the quota limit for Utility Stores Corporation. The decision was taken at a meeting of Ministry of Food and Agriculture headed by Additional Secretary, Food and Agriculture Shahi
Published 13 Jan, 2008 12:00am
Ban on USC flour quota lifted

Ban on USC flour quota lifted

To ensure availability of wheat flour at low rate, the government has lifted the quota limit for Utility Stores Corporation. The decision was taken at a meeting of Ministry of Food and Agriculture headed by Additional Secretary, Food and Agriculture Shahi
Published 13 Jan, 2008 12:00am
Load shedding leaves three million jobless

Load shedding leaves three million jobless

All industrial units in Southern Punjab had closed their one shift due to persistent load shedding rendering more than one lakh workers jobless, said a labour leader Ashfaq Ahmed Khan while talking to newsmen here on Saturday.
Published 13 Jan, 2008 12:00am
Load shedding leaves three million jobless

Load shedding leaves three million jobless

All industrial units in Southern Punjab had closed their one shift due to persistent load shedding rendering more than one lakh workers jobless, said a labour leader Ashfaq Ahmed Khan while talking to newsmen here on Saturday.
Published 13 Jan, 2008 12:00am
Load shedding leaves three million jobless

Load shedding leaves three million jobless

All industrial units in Southern Punjab had closed their one shift due to persistent load shedding rendering more than one lakh workers jobless, said a labour leader Ashfaq Ahmed Khan while talking to newsmen here on Saturday.
Published 13 Jan, 2008 12:00am
LCCI to work with Unido in quake-hit areas

LCCI to work with Unido in quake-hit areas

The Lahore Chamber of Commerce and Industry will work with the United Nations to promote investment and enterprise development in earthquake-hit areas under the Community-Based Livelihood Recovery Programme aimed at supporting economic recovery and enhanc
Published 13 Jan, 2008 12:00am
KCCI opposes new shop timings

KCCI opposes new shop timings

Karachi Chamber of Commerce and Industry (KCCI) President Shamim Ahmed Shamsi and Abdul Majeed Memon have strongly reacted to the decision of the government to close the shops at 7.30 pm due to shortage of power supply in the city.
Published 13 Jan, 2008 12:00am
41 militants arrested in Swat

41 militants arrested in Swat

Security forces Saturday morning carried out a search operation in Koza Bandai area of Kabal in district Swat to hunt down militants in the restive areas of the district. During the search operation, the security forces reportedly apprehended 41 militants
Published 13 Jan, 2008 12:00am
41 militants arrested in Swat

41 militants arrested in Swat

Security forces Saturday morning carried out a search operation in Koza Bandai area of Kabal in district Swat to hunt down militants in the restive areas of the district. During the search operation, the security forces reportedly apprehended 41 militants
Published 13 Jan, 2008 12:00am
'Saudi Arabia should review dollar peg'

'Saudi Arabia should review dollar peg'

Saudi Arabia should review its policy of pegging the riyal currency to the weak US dollar, said the chief economist of state-owned National Commercial Bank (NCB), the kingdom's largest lender by assets.
Published 13 Jan, 2008 12:00am
Punjab government to set up livestock zones in big cities

Punjab government to set up livestock zones in big cities

The Punjab government will set up livestock zones near big cities to meet milk and meat needs in the province. "An atmosphere conducive to develop the livestock sector in an organised manner will be provided in these zones," said Caretaker Chief Minister
Published 13 Jan, 2008 12:00am
Punjab government to set up livestock zones in big cities

Punjab government to set up livestock zones in big cities

The Punjab government will set up livestock zones near big cities to meet milk and meat needs in the province. "An atmosphere conducive to develop the livestock sector in an organised manner will be provided in these zones," said Caretaker Chief Minister
Published 13 Jan, 2008 12:00am
Punjab government to set up livestock zones in big cities

Punjab government to set up livestock zones in big cities

The Punjab government will set up livestock zones near big cities to meet milk and meat needs in the province. "An atmosphere conducive to develop the livestock sector in an organised manner will be provided in these zones," said Caretaker Chief Minister
Published 13 Jan, 2008 12:00am
Business community to be compensated for losses suffered: Soomro

Business community to be compensated for losses suffered: Soomro

Caretaker Prime Minister Mohammadmian Soomro has assured business community that after receiving Issani commission report the government would finalise its strategy to compensate all those who had suffered losses during violence erupted after the assassin
Published 13 Jan, 2008 12:00am
Business community to be compensated for losses suffered: Soomro

Business community to be compensated for losses suffered: Soomro

Caretaker Prime Minister Mohammadmian Soomro has assured business community that after receiving Issani commission report the government would finalise its strategy to compensate all those who had suffered losses during violence erupted after the assassin
Published 13 Jan, 2008 12:00am
Business community to be compensated for losses suffered: Soomro

Business community to be compensated for losses suffered: Soomro

Caretaker Prime Minister Mohammadmian Soomro has assured business community that after receiving Issani commission report the government would finalise its strategy to compensate all those who had suffered losses during violence erupted after the assassin
Published 13 Jan, 2008 12:00am
Cotton production declines in 2007

Cotton production declines in 2007

Cotton production at 11 million bales in 2007 as compared to 13.02 million bales of last year shows a decline of 2.02 million bales. The performance of textile industry during the last five years has been satisfactory but in the current year increase in c
Published 13 Jan, 2008 12:00am
The Weather

The Weather

The weather report on Saturday (January 12, 2008) and the forecast for Sunday (January 13, 2008).
Published 13 Jan, 2008 12:00am
Cotton production declines in 2007

Cotton production declines in 2007

Cotton production at 11 million bales in 2007 as compared to 13.02 million bales of last year shows a decline of 2.02 million bales. The performance of textile industry during the last five years has been satisfactory but in the current year increase in c
Published 13 Jan, 2008 12:00am
Your rupee last quarter

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (October 01 to December 31, 2007)

Published 13 Jan, 2008 12:00am
Cotton production declines in 2007

Cotton production declines in 2007

Cotton production at 11 million bales in 2007 as compared to 13.02 million bales of last year shows a decline of 2.02 million bales. The performance of textile industry during the last five years has been satisfactory but in the current year increase in c
Published 13 Jan, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 12, 2008).

Published 13 Jan, 2008 12:00am
Massive fire destroys 3,000 shops in India

Massive fire destroys 3,000 shops in India

An enormous fire swept through a market in eastern India, gutting more than 3,000 shops and leaving nearly a dozen fire-fighters injured, a fire official said. Hundreds of people were moved out of shop buildings as firemen struggled for 13 hours to contai
Published 13 Jan, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (January 12, 2008) and for Sunday (January 13, 2008).
Published 13 Jan, 2008 12:00am
Massive fire destroys 3,000 shops in India

Massive fire destroys 3,000 shops in India

An enormous fire swept through a market in eastern India, gutting more than 3,000 shops and leaving nearly a dozen fire-fighters injured, a fire official said. Hundreds of people were moved out of shop buildings as firemen struggled for 13 hours to contai
Published 13 Jan, 2008 12:00am
Balloting for AHBL ordinary shares held

Balloting for AHBL ordinary shares held

The balloting for the allotment of ordinary shares of Arif Habib Bank Limited was held here on Saturday. Karachi Stock Exchange (KSE) Managing Director Adnan Afridi inaugurated the computerised balloting process.
Published 13 Jan, 2008 12:00am
Balloting for AHBL ordinary shares held

Balloting for AHBL ordinary shares held

The balloting for the allotment of ordinary shares of Arif Habib Bank Limited was held here on Saturday. Karachi Stock Exchange (KSE) Managing Director Adnan Afridi inaugurated the computerised balloting process.
Published 13 Jan, 2008 12:00am
Balloting for AHBL ordinary shares held

Balloting for AHBL ordinary shares held

The balloting for the allotment of ordinary shares of Arif Habib Bank Limited was held here on Saturday. Karachi Stock Exchange (KSE) Managing Director Adnan Afridi inaugurated the computerised balloting process.
Published 13 Jan, 2008 12:00am
Balloting for AHBL ordinary shares held

Balloting for AHBL ordinary shares held

The balloting for the allotment of ordinary shares of Arif Habib Bank Limited was held here on Saturday. Karachi Stock Exchange (KSE) Managing Director Adnan Afridi inaugurated the computerised balloting process.
Published 13 Jan, 2008 12:00am
German repair patrolmen hail BMW as most reliable

German repair patrolmen hail BMW as most reliable

German cars have clawed back their reputation for reliability from Japanese models with a raft of BMWs set to win the main awards in the coming week from a German motorists' club.
Published 13 Jan, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 12, 2008).

Published 13 Jan, 2008 12:00am
ADB to help China fight desert drift

ADB to help China fight desert drift

China is getting outside help for a project to stop the alarming spread of deserts in its western interior that causes siltation of the Yellow River, the Asian Development Bank said Saturday.
Published 13 Jan, 2008 12:00am
Hundreds protest Shanghai maglev rail extension

Hundreds protest Shanghai maglev rail extension

Hundreds of people marched through China's financial hub of Shanghai on Saturday protesting a planned extension of the city's magnetic levitation train, or "maglev", worried it would emit radiation and sicken them.
Published 13 Jan, 2008 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 12, 2008).

Published 13 Jan, 2008 12:00am
French president defends ban on strain of GM corn

French president defends ban on strain of GM corn

French President Nicolas Sarkozy on Saturday defended banning a strain of GM corn, as a high-profile activist ended a hunger strike in response and farmers complained politics had trumped science. Sarkozy said the decision announced late Friday placed Fra
Published 13 Jan, 2008 12:00am
Abu Dhabi 2007 gold sales fall on higher prices

Abu Dhabi 2007 gold sales fall on higher prices

Multi-year high prices weighed on Abu Dhabi's gold sales in 2007, depressing them by 25 percent in volume and 30 percent in value, the Gulf Arab emirate's Gold and Jewellery Group chief said on Saturday. "The high prices we saw last year kept many buyers
Published 13 Jan, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (January 12, 2008).

Published 13 Jan, 2008 12:00am
China, Prince Alwaleed, to invest in Citigroup

China, Prince Alwaleed, to invest in Citigroup

Saudi Arabian Prince Alwaleed bin Talal, Citigroup's largest individual shareholder, will inject new cash as the largest US bank grapples with heavy mortgage market losses, the Wall Street Journal reported on its Web site on Friday.
Published 13 Jan, 2008 12:00am
Chinese investment not benefiting Angolans: opposition

Chinese investment not benefiting Angolans: opposition

The people of Angola have yet to reap any benefit from China's growing presence in the oil-rich country, the leader of the main opposition Unita party said in an interview published on Saturday.
Published 13 Jan, 2008 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (January 12, 2008).

Published 13 Jan, 2008 12:00am
Turkey eyes reform of media ownership law

Turkey eyes reform of media ownership law

Turkey's government is preparing a reform which would allow foreigners to own 50 percent of private broadcasters rather than a current 25 percent, Sabah newspaper reported on Saturday. Sabah, without citing sources, said the draft reform law had been pres
Published 13 Jan, 2008 12:00am
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