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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-01-20
Bond plan mooted to save troubled British bank

Bond plan mooted to save troubled British bank

Prime Minister Gordon Brown on Saturday confirmed receipt of a key report on the future financing of British bank Northern Rock, after claims its loans will be converted into bonds and sold.
Published 20 Jan, 2008 12:00am
Causes of flour crisis

Causes of flour crisis

I refer to the above captioned editorial in the issue of January 14. I have read the editorial over and over again but failed to comprehend some of the figures provided. It is mentioned that Karachi's 72 four mills have to meet a demand of 30,000 flour ba
Published 20 Jan, 2008 12:00am
For how long?

For how long?

How considerate the military government is, can be seen by the taxes that it has consistently loaded/levied on the unfortunate citizens of Pakistan. I have just received a bill from a local security agency for the year 2008 amounting to Rs 18000 plus Rs 2
Published 20 Jan, 2008 12:00am
Undue haste

Undue haste

When the President's motorcade was attacked in Rawalpindi, the bridge was closed for traffic for several days, since investigations were being carried out. Nobody was allowed in the area surrounding this terrorist attack, because detailed forensic investi
Published 20 Jan, 2008 12:00am
Bank Alfalah declares PLS profit rates

Bank Alfalah declares PLS profit rates

Bank Alfalah Limited has declared the rates of profit on their PLS deposits for the period of six months ended 31st December 2007.
Published 20 Jan, 2008 12:00am
Bank Alfalah declares PLS profit rates

Bank Alfalah declares PLS profit rates

Bank Alfalah Limited has declared the rates of profit on their PLS deposits for the period of six months ended 31st December 2007.
Published 20 Jan, 2008 12:00am
Pakistan's water and sanitation woes

Pakistan's water and sanitation woes

The Asian Water and Development Outlook (ADWO) prepared by ADB and launched in first Asia Pacific Water Summit held at Beppu city, Japan last month once again highlighted Pakistan's water and sanitation woes and suggested to increase the yearly investment
Published 20 Jan, 2008 12:00am
Let party elections be state responsibility

Let party elections be state responsibility

There is any number and type of democracies being practised in contemporary world and one need not ape the other. But there is always some radical element in one democracy which if adopted by another democracy (may be in a modified form) then it can prove
Published 20 Jan, 2008 12:00am
Ministry fails to implement literacy act in 20 years

Ministry fails to implement literacy act in 20 years

The Federal Education Ministry has failed to implement the Literacy Amendment Act in twenty years which was adopted by Parliament in August 1987 for promotion of adult literacy in the country.
Published 20 Jan, 2008 12:00am
National Assembly speaker condoles CJ Peshawar HC death

National Assembly speaker condoles CJ Peshawar HC death

Speaker National Assembly Chaudhry Amir Hussain has expressed deep sorrow and heartfelt condolence over the sad demise of Chief Justice Peshawar High Court Justice Talat Qayum Qureshi who breathed his last on Friday.
Published 20 Jan, 2008 12:00am
Ibad, Halepota condole with Awais Ghani

Ibad, Halepota condole with Awais Ghani

Sindh Governor Dr Ishratul Ibad Khan has expressed deep grief and sorrow over the sad demise of mother of Governor NWFP Awais Ghani. He prayed to Almighty Allah to rest the departed soul in eternal peace and grant fortitude to bereaved family to bear the
Published 20 Jan, 2008 12:00am
Abida Aziz's Soyem held

Abida Aziz's Soyem held

The Soyem of the late Abida Aziz, wife of Qutubuddin Aziz, veteran editor-journalist and diplomat, was held between Asr and Maghrib prayers at the Masjid-e-Usman-e-Ghani in Sea View, Clifton on Saturday.
Published 20 Jan, 2008 12:00am
2008 declared year of police reforms in AJK

2008 declared year of police reforms in AJK

The year 2008 has been declared as the year of police reforms in AJK during which exceptional reforms in the state police are being introduced under an integrated phased programme.
Published 20 Jan, 2008 12:00am
Indonesia's rusting infrastructure stymies growth

Indonesia's rusting infrastructure stymies growth

Indonesia's rust-bucket ferries are a symbol of the decrepit infrastructure which has plagued Southeast Asia's biggest economy and prevented it from matching China's meteoric growth rate. Delivering a truckload of goods across one of the biggest of the 17
Published 20 Jan, 2008 12:00am
Egypt cancels talks with EU officials

Egypt cancels talks with EU officials

Egypt has cancelled political talks with senior European Union officials after a European Parliament resolution criticised the state of human rights in Egypt, the Foreign Ministry said on Saturday.
Published 20 Jan, 2008 12:00am
Arab League chief makes progress over Lebanon crisis

Arab League chief makes progress over Lebanon crisis

The Arab League has made progress toward solving the political crisis in Lebanon, although it has yet to achieve a breakthrough, the league's Secretary General Amr Moussa said on Saturday.
Published 20 Jan, 2008 12:00am
Indian TV office ransacked

Indian TV office ransacked

Hindu right-wingers ransacked an Indian TV station on Saturday to protest it running a poll for India's top civilian honour that included famed Muslim painter M.F. Husain as a contender.
Published 20 Jan, 2008 12:00am
Five die in Kenya as opposition vows more protests

Five die in Kenya as opposition vows more protests

Kenya's opposition said on Saturday it would resume protests next week over a disputed election, and five people were killed in politically-fuelled ethnic violence in the country's Great Rift Valley.
Published 20 Jan, 2008 12:00am
Thaksin allies unveil coalition government

Thaksin allies unveil coalition government

The People Power Party, which supports deposed Thai premier Thaksin Shinawatra, unveiled a coalition government Saturday, capping a dramatic political turnaround 16 months after his ouster.
Published 20 Jan, 2008 12:00am
Gazans brace for more hardship as lockdown sets in

Gazans brace for more hardship as lockdown sets in

Israel's complete closure of the Gaza Strip began to take its toll on residents on Saturday as the army kept up its strikes on the Hamas-ruled territory, killing two militants in a pre-dawn raid.
Published 20 Jan, 2008 12:00am
Activists use 'stink bombs' to harass Japanese whalers

Activists use 'stink bombs' to harass Japanese whalers

A militant anti-whaling group on Saturday said it attacked a Japanese whaling vessel with "stink bombs", frustrating the hunt, only an hour after two of its activists were freed from the harpoon boat.
Published 20 Jan, 2008 12:00am
Thousands commemorate murder of journalist in Istanbul

Thousands commemorate murder of journalist in Istanbul

Thousands of people turned out on Saturday to mark the first anniversary of the murder of Turkish-Armenian journalist Hrant Dink, gunned down in Istanbul outside the cross-cultural newspaper he created. Police said that around 8,000 people had gathered ou
Published 20 Jan, 2008 12:00am
20 Taliban killed in joint operation

20 Taliban killed in joint operation

More than 20 Taliban rebels were killed and over a dozen wounded in a joint operation between Afghan and Western forces in eastern Afghanistan, officials said on Saturday. The Islamic extremists were killed late Friday in the province of Kunar, its govern
Published 20 Jan, 2008 12:00am
Karzai calls for unity against extremism

Karzai calls for unity against extremism

Afghan President Hamid Karzai called Saturday on Muslims to unite against "tyrants" carrying out a wave of suicide attacks in the region under the name of Islam. Muslim nations should work together to safeguard their religion, Karzai told about 2,000 peop
Published 20 Jan, 2008 12:00am
Bush taps new commander for forces in Afghanistan

Bush taps new commander for forces in Afghanistan

US President George W Bush Friday tapped Army General David McKiernan as the new commander for Nato's international forces in Afghanistan. If confirmed by the US Senate, McKiernan would relieve General Dan McNeill, who has headed the International Securit
Published 20 Jan, 2008 12:00am
Khaleda Zia freed briefly for mother's funeral

Khaleda Zia freed briefly for mother's funeral

Former Bangladesh Prime Minister Khaleda Zia and her two sons were temporarily released from jail on Saturday to attend the funeral service of her mother, an official said. Zia's mother Tyeba Majumdar, 87, died in the northern district town of Dinajpur on
Published 20 Jan, 2008 12:00am
38 rebels killed in Sri Lanka

38 rebels killed in Sri Lanka

The Sri Lankan military said on Saturday its troops had killed 38 Tamil Tiger rebels and one of its soldiers had died in fresh fighting in the north. A six-year truce between the state and Liberation Tigers of Tamil Eelam (LTTE) formally ended on Wednesda
Published 20 Jan, 2008 12:00am
Dollar seen higher next week

Dollar seen higher next week

The dollar is likely to get a boost next week from safe-haven flows as jittery investors shun risky assets such as global stocks as prospects of a US recession mount. The currency could further benefit from renewed investor optimism following the US gover
Published 20 Jan, 2008 12:00am
White House bets consumers will spend tax cuts

White House bets consumers will spend tax cuts

The Bush administration is optimistic US consumers will spend, rather than save, the bulk of any tax cuts they receive under an economic stimulus package the White House wants to craft with Congress, US Commerce Secretary Carlos Gutierrez said on Friday.
Published 20 Jan, 2008 12:00am
Chinese banks' bad loans drop, focus now on strategy

Chinese banks' bad loans drop, focus now on strategy

China's banking regulator on Friday laid out its priorities for 2008, saying that it would focus on helping commercial banks sharpen their operations by improving their strategic planning, innovation and services.
Published 20 Jan, 2008 12:00am
India's central bank acts to ease tight cash

India's central bank acts to ease tight cash

India's central bank extended trading on its electronic cash platform by an hour on Friday and said it will conduct an additional money market operation as part of measures to ease a sudden cash crunch in the banking system.
Published 20 Jan, 2008 12:00am
IMM speculators ease bets a little against the dollar

IMM speculators ease bets a little against the dollar

Currency speculators eased their bets against the US dollar slightly though their long Japanese yen position remained near a three-year high, weekly data from the Commodity Futures Trading Commission showed on Friday.
Published 20 Jan, 2008 12:00am
Brazil real firms

Brazil real firms

Brazil's currency, the real, firmed 0.06 percent versus the US dollar to 1.786. The currency had earlier traded as strong as 1.774 per dollar, but pared gains on concerns a US fiscal stimulus package would not be enough to forestall a recession.
Published 20 Jan, 2008 12:00am
Yen, Swiss franc edge higher

Yen, Swiss franc edge higher

The Japanese yen and Swiss franc firmed on Friday as a fiscal stimulus package failed to ease US recession fears, prompting investors to shun risky assets such as stocks and higher-yielding currencies. US President George W. Bush on Friday called for an e
Published 20 Jan, 2008 12:00am
New Zealand central bank seen keeping rates at high level

New Zealand central bank seen keeping rates at high level

New Zealand's central bank is expected to keep interest rates steady next week amid signs of cooling consumer demand and global market turbulence, but it will remain alert to the threat of inflation, a Reuters poll shows.
Published 20 Jan, 2008 12:00am
BoK in wait-and-see mode on inflation

BoK in wait-and-see mode on inflation

Bank of Korea Governor Lee Seong-tae said on Friday that the central bank will not immediately act when inflation rises above the BOK's target but will instead consider the overall economic conditions first.
Published 20 Jan, 2008 12:00am
US stocks tumble

US stocks tumble

US stocks tumbled for a fourth day on Friday to close out the worst week for the S&P 500 in five years on worry that a White House effort to boost the economy may not prevent a recession.
Published 20 Jan, 2008 12:00am
Thailand shares set to be volatile

Thailand shares set to be volatile

Thai share prices are expected to remain volatile next week, as investors wait to hear details of a proposed economic stimulus package to bolster the US economy, dealers said.
Published 20 Jan, 2008 12:00am
Canadian bonds end mixed

Canadian bonds end mixed

The Canadian bond prices ended mixed and were barely changed on Friday as dealers avoided huge positions ahead of key economic data next week and the Bank of Canada's Monetary Policy Report Update. A Bank of Canada rate cut is already mostly priced into t
Published 20 Jan, 2008 12:00am
Canadian bonds end mixed

Canadian bonds end mixed

The Canadian bond prices ended mixed and were barely changed on Friday as dealers avoided huge positions ahead of key economic data next week and the Bank of Canada's Monetary Policy Report Update. A Bank of Canada rate cut is already mostly priced into t
Published 20 Jan, 2008 12:00am
US corporate bond spreads steady

US corporate bond spreads steady

US corporate bonds were steady to slightly better on Friday after spreads widened this week on continuing concern about bond insurers' ratings and Wall Street bank losses. Overall, spreads were little changed to 2 basis points tighter, traders said, in li
Published 20 Jan, 2008 12:00am
US corporate bond spreads steady

US corporate bond spreads steady

US corporate bonds were steady to slightly better on Friday after spreads widened this week on continuing concern about bond insurers' ratings and Wall Street bank losses. Overall, spreads were little changed to 2 basis points tighter, traders said, in li
Published 20 Jan, 2008 12:00am
Chile stocks decline

Chile stocks decline

Chilean stocks closed at a new 13-month low on Friday, after news of a US economic stimulus package failed to rally support. Chile's all-market IGPA index fell 1.02 percent to 12,173.18 points, bringing its loss for 2006 to 13.5 percent, while the blue ch
Published 20 Jan, 2008 12:00am
Brazil stocks surge

Brazil stocks surge

Brazil's stocks rose on Friday, after three days of losses, as bargain hunters bought shares of Petrobras and other companies that had tumbled in the previous sessions. The Bovespa index of the Sao Paulo Stock Exchange firmed 0.8 percent to 57,506 points,
Published 20 Jan, 2008 12:00am
RiskMetrics poised to headline next week's IPOs

RiskMetrics poised to headline next week's IPOs

As some of Wall Street flees from risk, some investors may be ready to embrace the coming initial public offering RiskMetrics Group Inc. The New York-based firm, which advises thousands of companies on how to measure and navigate a broad range of risks co
Published 20 Jan, 2008 12:00am
Short-dated US bonds rise

Short-dated US bonds rise

Short-dated US government bonds rose on Friday as stocks turned negative on investor fears a White House stimulus package might not keep the economy from sliding into recession.
Published 20 Jan, 2008 12:00am
Short-dated US bonds rise

Short-dated US bonds rise

Short-dated US government bonds rose on Friday as stocks turned negative on investor fears a White House stimulus package might not keep the economy from sliding into recession.
Published 20 Jan, 2008 12:00am
Mexican stocks edge up

Mexican stocks edge up

Mexican stocks edged up on Friday as bargain hunters bought up shares of retailer Walmex and other beaten-down stocks, after a see-saw session that capped a week of heavy losses amid concerns of a looming US recession.
Published 20 Jan, 2008 12:00am
Toronto stocks finish at 10-month low

Toronto stocks finish at 10-month low

The Toronto Stock Exchange's main index pared losses but still capped the week with another drop on Friday, in a four-day plunge that has rattled the market amid deepening worries of a recession south of the border. The index logged another 10-month closi
Published 20 Jan, 2008 12:00am
Hong Kong shares to take lead from Wall Street

Hong Kong shares to take lead from Wall Street

Hong Kong share prices will track Wall Street's performance next week as fears over the subprime mortgage crisis and the state of the US economy continue to haunt the market, dealers said. But they said Hong Kong stocks are likely to see a technical rebou
Published 20 Jan, 2008 12:00am
Singapore shares expected to decline further

Singapore shares expected to decline further

Singapore share prices are expected to fall further in a volatile market buffeted by worries of a recession in the United States, the world's biggest economy, dealers said. "I expect share prices to decrease further next week with the volatility in the ma
Published 20 Jan, 2008 12:00am
Argentine stocks end lower

Argentine stocks end lower

Argentine stocks slipped on Friday for a fourth straight session, pressured by persistent worries about fallout from a US economic downturn and the absence of institutional investors, traders said. The MerVal index of 42 leading companies closed 0.43 perc
Published 20 Jan, 2008 12:00am
Emerging debt market weakens

Emerging debt market weakens

Emerging sovereign debt fell on Friday in volatile trade, following the lead of weaker US stocks as a fiscal stimulus package unveiled by the Bush administration failed to fire up investor enthusiasm. Emerging market economies rely on the demand from the
Published 20 Jan, 2008 12:00am
Emerging debt market weakens

Emerging debt market weakens

Emerging sovereign debt fell on Friday in volatile trade, following the lead of weaker US stocks as a fiscal stimulus package unveiled by the Bush administration failed to fire up investor enthusiasm. Emerging market economies rely on the demand from the
Published 20 Jan, 2008 12:00am
US urges Opec, South Arabia to raise output

US urges Opec, South Arabia to raise output

US Energy Secretary Sam Bodman said on Saturday that Saudi Arabia should raise output to ease tightness in world oil supplies and that Opec should up output at its February 1 meeting.
Published 20 Jan, 2008 12:00am
UniCredit not interested in US acquisitions

UniCredit not interested in US acquisitions

UniCredit Chairman Dieter Rampl said on Saturday the European banking giant was not interested in any acquisitions in the United States. His comment comes a day after Italy's leading business daily said UniCredit might be interested in buying the $47 bill
Published 20 Jan, 2008 12:00am
Oman bans poultry imports from India and Iran

Oman bans poultry imports from India and Iran

Oman has banned the import of all poultry and poultry products from India and Iran, the state news agency ONA said on Saturday, after outbreaks of avian influenza in those countries. The report gave no official reason for the ban.
Published 20 Jan, 2008 12:00am
FDA clears new J&J HIV drug

FDA clears new J&J HIV drug

Health-care products maker Johnson & Johnson won US approval to sell a new HIV drug called Intelence for patients with resistance to other therapies, US officials said on Friday. The drug, also known as TMC125 or etravirine, is a new member of the family
Published 20 Jan, 2008 12:00am
Higher oil output not needed: Opec

Higher oil output not needed: Opec

Opec currently sees no need for an increase in oil output but is analysing the market every day, the organisation's Secretary General Abdullah al-Badri told German weekly magazine Der Spiegel in an interview.
Published 20 Jan, 2008 12:00am
Supply woes thrust US spring wheat to center stage

Supply woes thrust US spring wheat to center stage

US spring wheat, prized by millers and bakers for its high protein content, upstaged the more actively traded winter wheats this week by soaring to a record-high price, setting the stage for more surprises through the year. Fuelling the rally in hard red
Published 20 Jan, 2008 12:00am
Police, protesters clash in Bern ahead of World Economic Forum

Police, protesters clash in Bern ahead of World Economic Forum

Police detained about 100 people Saturday in clashes with far-left protesters in Bern at a banned rally against the World Economic Forum, less than a week before the annual pow-wow opens in the Swiss ski resort of Davos. Demonstrators, some of them masked
Published 20 Jan, 2008 12:00am
Culling to be stepped up as bird flu spreads in eastern India

Culling to be stepped up as bird flu spreads in eastern India

More than 10,000 head of poultry were slaughtered in seven districts of India's eastern West Bengal state in the past 24 hours as local authorities stepped up efforts to contain the latest outbreak of avian influenza, officials said.
Published 20 Jan, 2008 12:00am
Cotton export declined by 62 percent during December

Cotton export declined by 62 percent during December

Country''s raw cotton export has dipped by 62 percent during December 2007 as compared to same period of last fiscal year mainly due to shortfall in the cotton crop and high contamination ratio in the cotton, exporters said.
Published 20 Jan, 2008 12:00am
Cotton export declined by 62 percent during December

Cotton export declined by 62 percent during December

Country's raw cotton export has dipped by 62 percent during December 2007 as compared to same period of last fiscal year mainly due to shortfall in the cotton crop and high contamination ratio in the cotton, exporters said.
Published 20 Jan, 2008 12:00am
Cotton export declined by 62 percent during December

Cotton export declined by 62 percent during December

Country's raw cotton export has dipped by 62 percent during December 2007 as compared to same period of last fiscal year mainly due to shortfall in the cotton crop and high contamination ratio in the cotton, exporters said.
Published 20 Jan, 2008 12:00am
PPRA rules: ministries told to ensure compliance

PPRA rules: ministries told to ensure compliance

The finance ministry has directed all the ministries to strictly adhere to the Pakistan Procurement Regulatory Authority rules, 2004 after the World Bank smelled a rat in the bidding process of power transformers, official sources told Business Recorde
Published 20 Jan, 2008 12:00am
PPRA rules: ministries told to ensure compliance

PPRA rules: ministries told to ensure compliance

The finance ministry has directed all the ministries to strictly adhere to the Pakistan Procurement Regulatory Authority rules, 2004 after the World Bank smelled a rat in the bidding process of power transformers, official sources told Business Recorde
Published 20 Jan, 2008 12:00am
PPRA rules: ministries told to ensure compliance

PPRA rules: ministries told to ensure compliance

The finance ministry has directed all the ministries to strictly adhere to the Pakistan Procurement Regulatory Authority rules, 2004 after the World Bank smelled a rat in the bidding process of power transformers, official sources told Business Recorde
Published 20 Jan, 2008 12:00am
PPRA rules: ministries told to ensure compliance

PPRA rules: ministries told to ensure compliance

The finance ministry has directed all the ministries to strictly adhere to the Pakistan Procurement Regulatory Authority rules, 2004 after the World Bank smelled a rat in the bidding process of power transformers, official sources told Business Recorde
Published 20 Jan, 2008 12:00am
Authorities arrest two over Benazir plot

Authorities arrest two over Benazir plot

Pakistani security agents have arrested a youth who said he had been trained as a suicide bomber to kill opposition leader Benazir Bhutto had other militants failed to kill her, in the first arrests in the case, a security official said.
Published 20 Jan, 2008 12:00am
Authorities arrest two over Benazir plot

Authorities arrest two over Benazir plot

Pakistani security agents have arrested a youth who said he had been trained as a suicide bomber to kill opposition leader Benazir Bhutto had other militants failed to kill her, in the first arrests in the case, a security official said.
Published 20 Jan, 2008 12:00am
The Weather

The Weather

The weather report on Saturday (January 19, 2008) and the forecast for Sunday (January 20, 2008).
Published 20 Jan, 2008 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 14 to 18, 2008).
Published 20 Jan, 2008 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 (January 19, 2008).
Published 20 Jan, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (January 21, 2008).
Published 20 Jan, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (January 21, 2008).
Published 20 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 19, 2008).
Published 20 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 19, 2008).
Published 20 Jan, 2008 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 January 21, 2008.
Published 20 Jan, 2008 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 January 21, 2008.
Published 20 Jan, 2008 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 January 21, 2008.
Published 20 Jan, 2008 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 (January 19, 2008).
Published 20 Jan, 2008 12:00am
New York arabica coffee finishes lower

New York arabica coffee finishes lower

Arabica coffee futures ended weaker on Friday in a continued correction after flirting with an eight-year high Tuesday, traders said.
Published 20 Jan, 2008 12:00am
US copper up

US copper up

US copper futures settled up and near session highs Friday amid hopes that a proposed fiscal stimulus package from US President George W. Bush will be enough to stave off a recession in the world's largest economy, analysts said.
Published 20 Jan, 2008 12:00am
US gold futures higher

US gold futures higher

US gold futures finished slightly higher in choppy trade Friday on weak sentiment, capping a volatile week when contracts scaled a record high on Tuesday only to post heavy losses on Wednesday. President George W. Bush's plan to give the US economy tempor
Published 20 Jan, 2008 12:00am
Shanghai copper down

Shanghai copper down

Shanghai copper fell on Friday, disappointed after London failed to sustain gains as concerns swelled again that the US economy was ailing and demand could falter.
Published 20 Jan, 2008 12:00am
Gas blast in bank basement kills guard

Gas blast in bank basement kills guard

The gas explosion in the basement of a bank at Murree Road resulted in death of a security guard injuring two others, besides causing heavy damages to the building.
Published 20 Jan, 2008 12:00am
Tokyo to sell off governor's luxury mansion

Tokyo to sell off governor's luxury mansion

Tokyo's city government is selling its governor's residence, which has been lying empty for years, hoping to raise tens of millions of dollars for local government coffers.
Published 20 Jan, 2008 12:00am
Sindh has historical record of agro-based export

Sindh has historical record of agro-based export

The Vice Chancellor (VC), Sindh Agriculture University (SAU) Tandojam, Professor Dr Bashir Ahmed Sheikh has said that Sindh inherits the fertile Indus valley which is famous for its glorious heritage of Mohen-jo-Daro, the centre of civilisation.
Published 20 Jan, 2008 12:00am
India halt Australia's winning streak

India halt Australia's winning streak

Indian captain Anil Kumble hailed one of the greatest wins of his career after his side again halted a record Australian winning streak with a famous 72-run victory in the third Test at the WACA Ground here Saturday. Set 413 to win an unprecedented 17th T
Published 20 Jan, 2008 12:00am
Australians fined for slow over rate

Australians fined for slow over rate

Australian captain Ricky Ponting admitted the prospect of a suspension affected his tactics after he was fined 20 percent of his match fee for a slow over rate during the 72-run loss to India in the third Test Saturday.
Published 20 Jan, 2008 12:00am
ECB to keep focus on price stability: Draghi

ECB to keep focus on price stability: Draghi

The focus of the European Central Bank's Governing Council is and will remain on price stability, council member Mario Draghi said on Saturday. The Bank of Italy governor's comments to a forex conference in the city of Bari came as pressure looks likely t
Published 20 Jan, 2008 12:00am
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