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Print - 2008-02-05
Swiss franc falls

Swiss franc falls

The Swiss franc fell against the euro on Monday after the Swiss National Bank warned there were downside risks to the economy from exports and retail trade. SNB Vice President Philipp Hildebrand was quoted at the weekend, as saying the central bank will r
Published 05 Feb, 2008 12:00am
Dollar steadies versus euro

Dollar steadies versus euro

The dollar steadied against the euro on Monday, holding gains after recovering from a near-record low hit late last week as a surprise rebound in the US factory sector offset data showing the US economy's first job losses in 4-1/2 years.
Published 05 Feb, 2008 12:00am
Australian dollar at three-month high

Australian dollar at three-month high

The Australian dollar hit three-month highs against the US currency on Monday, boosted by expectations the central bank will raise domestic interest rates this week to curb strong inflation pressures. The Aussie had moved up to $0.9046/50, from $0.8952/54
Published 05 Feb, 2008 12:00am
Asian currencies: ringgit near decade high, peso retreats

Asian currencies: ringgit near decade high, peso retreats

Asian currencies managed light gains on Monday on the back of a rally in equity markets, with the ringgit edging near a 10-year high, although anxiety about a possible US recession made investors wary of taking on risk. The US dollar held steady above its
Published 05 Feb, 2008 12:00am
Yuan edges up

Yuan edges up

China's yuan rose slightly versus the dollar on Monday. Trade was sluggish before week-long Lunar New Year holidays that will start on Wednesday, but the market still expects fast yuan appreciation in the medium term.
Published 05 Feb, 2008 12:00am
Sri Lankans learn from rivals

Sri Lankans learn from rivals

Sri Lanka captain Mahela Jayawardene said his team were looking to copy India and take the attack to Australia on their own turf during the triangular one-day cricket series. Sri Lanka play their first game in the tournament when they take on India at the
Published 05 Feb, 2008 12:00am
Table tennis: top Italian gets 20-month drugs ban

Table tennis: top Italian gets 20-month drugs ban

Former Italian table tennis number one Valentino Piacentini has been banned for 20 months for testing positive for cocaine, the Italian Olympic Committee (CONI) said on Monday. Piacentini, 29, failed a drugs test during last June's Italian championships,
Published 05 Feb, 2008 12:00am
New season signals big expansion for Asian Tour

New season signals big expansion for Asian Tour

The Asian Tour kicks off its anticipated 2008 season this week in India, bolstered by more events and bigger prize money than ever as interest in golf continues to soar.
Published 05 Feb, 2008 12:00am
England primed for unsettled New Zealand

England primed for unsettled New Zealand

With New Zealand cricket facing further upheaval England have completed a smooth build up to an international series which starts here Tuesday with the first of two Twenty20 fixtures. England were too strong for limited-over strugglers Canterbury in two 5
Published 05 Feb, 2008 12:00am
Former 100 million record holder Greene retires

Former 100 million record holder Greene retires

Former Olympic and world 100 metres champion Maurice Greene announced his retirement from athletics on Monday. The 33-year-old American, who also held the 100 metres world record of 9.79 seconds for more than three years, said a calf injury he sustained i
Published 05 Feb, 2008 12:00am
Sania pulls out of Bangalore Open to avoid rows

Sania pulls out of Bangalore Open to avoid rows

Indian tennis sensation Sania Mirza on Monday opted out of next month's 600,000-dollar WTA Bangalore Open here to avoid controversies. "I am not playing in Bangalore Open. I have been advised by my manager not to play because a lot has been happening in t
Published 05 Feb, 2008 12:00am
Pirates seize Russian-built tugboat off Somalia

Pirates seize Russian-built tugboat off Somalia

Pirates have seized a Russian-built tugboat and its six crew including a British captain off the coast of Somalia, the Foreign Office in London and the vessel's owners said Monday. The Svitzer Korsakov, also carrying an Irish chief engineer, a Russian fir
Published 05 Feb, 2008 12:00am
Kremlin candidates lash out at West

Kremlin candidates lash out at West

Two Kremlin challengers lashed out Monday at the West in the first television debate of Russia's presidential campaign, undermined by the refusal of the main candidate to take part. The debate on world affairs featured ultranationalist leader Vladimir Zhi
Published 05 Feb, 2008 12:00am
US al Qaeda strategy fatally flawed: analysts

US al Qaeda strategy fatally flawed: analysts

In its ideological struggle against al Qaeda, American anti-terrorist strategy too often overlooks the basic tenets of the renowned Chinese strategist Sun Tzu, namely: know your enemy.
Published 05 Feb, 2008 12:00am
Berlusconi rejects final appeal for electoral reforms

Berlusconi rejects final appeal for electoral reforms

Former Italian prime minister Silvio Berlusconi on Monday dismissed last-ditch appeals for electoral reforms, insisting that only early elections could end the country's current political crisis.
Published 05 Feb, 2008 12:00am
'Killing Fields' court adjourns bail hearing

'Killing Fields' court adjourns bail hearing

Cambodia's UN-backed Khmer Rouge tribunal adjourned a bail hearing on Monday for "Brother Number Two" Nuon Chea after his Dutch lawyer failed to show up.
Published 05 Feb, 2008 12:00am
Bangladesh suspends Hasina trial

Bangladesh suspends Hasina trial

A Bangladesh court hearing graft charges against detained former Prime Minister Sheikh Hasina abruptly suspended proceedings on Monday after heated exchanges between defence and prosecution lawyers, court officials said.
Published 05 Feb, 2008 12:00am
EU approves Kosovo mission

EU approves Kosovo mission

The European Union on Monday gave the green light for a mission to help ease Kosovo's transition to independence from Serbia, but with no launch date given, diplomatic sources said.
Published 05 Feb, 2008 12:00am
Serbia coalition faces test after liberal win

Serbia coalition faces test after liberal win

Serbia's divided coalition government may face a survival test this week on the issue of European integration following Sunday's slim election victory by pro-Western president Boris Tadic over his nationalist rival.
Published 05 Feb, 2008 12:00am
China battles 'coldest winter in 100 years'

China battles 'coldest winter in 100 years'

Millions remained stranded in China on Monday ahead of the biggest holiday of the year as parts of the country suffered their coldest winter in a century. Freezing weather has killed scores of people and left travellers stranded before the Lunar New Year,
Published 05 Feb, 2008 12:00am
Nine Iraqi civilians killed in US raid

Nine Iraqi civilians killed in US raid

American forces accidentally killed nine Iraqi civilians, including a child, during a weekend raid against al Qaeda fighters south of Baghdad, the US military said on Monday. The US raid was carried out on Saturday near the town of Iskandariyah, in an are
Published 05 Feb, 2008 12:00am
US monuments vulnerable to terrorist attacks

US monuments vulnerable to terrorist attacks

Major US monuments are vulnerable to terrorist attacks because the US Park Police is disorganised, under-staffed and ill-equipped, the Washington Post reported Monday, citing a government audit.
Published 05 Feb, 2008 12:00am
Obama leads on eve of 'Super Tuesday'

Obama leads on eve of 'Super Tuesday'

Barack Obama wiped out White House foe Hillary Clinton's large nation-wide poll leads and chased her in key states, on the frenzied eve of "Super Tuesday," a unique countrywide nominating showdown.
Published 05 Feb, 2008 12:00am
UNSC slams rebel assault

UNSC slams rebel assault

The UN Security Council on Monday unanimously agreed to a non-binding statement condemning the rebel attacks in Chad and urging member states to extend support to the beleaguered Ndjamena government.
Published 05 Feb, 2008 12:00am
Thousands flee Chad capital, fresh attack feared

Thousands flee Chad capital, fresh attack feared

Thousands of civilians fled Chad's capital N'Djamena on Monday after rebel forces pulled back from a two-day assault, but the rebels said they would attack again to try to topple President Idriss Deby.
Published 05 Feb, 2008 12:00am
Woman killed in Israel suicide bombing

Woman killed in Israel suicide bombing

An Israeli woman was killed on Monday in a suicide bombing claimed by Palestinian militants at a shopping centre in the desert town of Dimona, the first such attack in a year.
Published 05 Feb, 2008 12:00am
Gaza-Egypt border sealed completely

Gaza-Egypt border sealed completely

Egyptian and Hamas forces on Monday completely sealed the Gaza-Egypt border, closing the last passage through which people were allowed to return home, an AFP correspondent saw. Clashes erupted in the late afternoon, when dozens of Palestinian youths thre
Published 05 Feb, 2008 12:00am
Sterling strengthens

Sterling strengthens

Sterling strengthened broadly on Monday, recouping about half the losses registered the previous session as investors trimmed bets against the currency ahead of a busy week featuring central banks' policy meetings.
Published 05 Feb, 2008 12:00am
Yen weakens broadly in London

Yen weakens broadly in London

The yen weakened broadly on Monday as a rally in global equity markets signalled a tentative recovery in risk appetite, while the dollar steadied against a basket of major currencies.
Published 05 Feb, 2008 12:00am
Indian rupee slips

Indian rupee slips

The Indian rupee came under pressure on Monday as foreign investors repatriated funds returned after recent initial share offerings, with concerns about central bank intervention further weighing on sentiment. The rupee ended at 39.44/45 per dollar, highe
Published 05 Feb, 2008 12:00am
Telecoms widen on talk of new bonds

Telecoms widen on talk of new bonds

Speculation about possible new corporate bond issues pushed credit default swaps on several telecoms wider on Monday, as a fall in US equities erased earlier gains in key European credit derivatives indexes.
Published 05 Feb, 2008 12:00am
Telecoms widen on talk of new bonds

Telecoms widen on talk of new bonds

Speculation about possible new corporate bond issues pushed credit default swaps on several telecoms wider on Monday, as a fall in US equities erased earlier gains in key European credit derivatives indexes.
Published 05 Feb, 2008 12:00am
Asian bonds gain

Asian bonds gain

Asian corporate and sovereign bonds gained on Monday, tracking a rally in stock markets and spurred by hopes of more US rate cuts, while spreads in new bonds from South Korea's KOMIPO tightened on their debut.
Published 05 Feb, 2008 12:00am
Asian bonds gain

Asian bonds gain

Asian corporate and sovereign bonds gained on Monday, tracking a rally in stock markets and spurred by hopes of more US rate cuts, while spreads in new bonds from South Korea's KOMIPO tightened on their debut.
Published 05 Feb, 2008 12:00am
UK's top share index down

UK's top share index down

Britain's leading shares ended lower on Monday as M&A activity featured but jitters over the global economy weighed ahead of the Bank of England (BoE) rate-fixing meeting later this week.
Published 05 Feb, 2008 12:00am
New York cotton settles firm

New York cotton settles firm

Cotton futures finished higher Monday on modest speculative buying but brokers said the market is seen staying in a band while monitoring severe winter weather in key consumer China and while waiting for a key government crop report due out at the end of
Published 05 Feb, 2008 12:00am
Copper firms

Copper firms

Copper prices firmed slightly on Monday on signs of stronger demand and as the market fretted about supply disruptions in China, which also helped to buoy aluminium.
Published 05 Feb, 2008 12:00am
Oil climbs $1, fog slows US imports

Oil climbs $1, fog slows US imports

Oil rebounded more than a $1 to over $90 a barrel on Monday as dense sea fog slowed crude imports into the Houston Ship Channel, the waterway to the busiest US petrochemical port. The gains reversed heavy losses last week that were triggered by fresh sign
Published 05 Feb, 2008 12:00am
Indonesia to impose 20-25 percent palm oil export tax

Indonesia to impose 20-25 percent palm oil export tax

Indonesia plans to impose a 20 or 25 percent export tax on crude palm oil and its by-products if international prices hit $1,200 and $1,300 a tonne, a deputy minister at the chief economics ministry said on Monday.
Published 05 Feb, 2008 12:00am
Platinum surges to record high, palladium hits six-year peak

Platinum surges to record high, palladium hits six-year peak

Platinum roared to a record high and palladium hit a six-year peak on Monday as supply concerns persisted in top producer South Africa due to an electricity crisis, analysts said. But gold and silver slipped after setting new peaks on Friday. Analysts sai
Published 05 Feb, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The sad news of the bomb blast in Raja Bazaar, Rawalpindi, echoed in the Monday's Senate proceedings. According to reports the suicide blast had led six lives (some say 10) and injured 26 people.
Published 05 Feb, 2008 12:00am
'Ghost' polling stations: EC Secretary quizzed by Cabinet

'Ghost' polling stations: EC Secretary quizzed by Cabinet

The Cabinet on Monday quizzed Election Commission (EC) Secretary Dilshad over 'ghost' polling stations as not only the opposition parties were raising such apprehensions, but even US has also expressed doubts on the transparency of general elections, sour
Published 05 Feb, 2008 12:00am
Government criticised for not completing 90 days session

Government criticised for not completing 90 days session

The combined opposition in Senate on Monday lambasted the government for not allowing the House to complete 90 days in the year as well as without having address to the joint house session by the President mandatory under the constitution.
Published 05 Feb, 2008 12:00am
'AJK water provides living to dependants of Indus River'

'AJK water provides living to dependants of Indus River'

Muhammad Aslam, a research scholar, delivered on Monday final seminar for his PhD research on "Assessment of water quality in Azad Jammu & Kashmir; analytical method development for biological active compounds and metal ion." He did his thesis under the s
Published 05 Feb, 2008 12:00am
Opposition terms imposition of emergency illegal

Opposition terms imposition of emergency illegal

The combined opposition in Senate on Monday termed the imposition of emergency on November 3 as illegal, unconstitutional and extra-judicial, vowing to restore the Constitution in original after coming to power.
Published 05 Feb, 2008 12:00am
NDS signs pact with Hewlett-Packard

NDS signs pact with Hewlett-Packard

With a view to provide access to products and solutions by IT users and companies, the NDS Technologies Pvt Ltd has signed an agreement with Hewlett-Packard. This was announced at a press briefing on Monday at a local hotel.
Published 05 Feb, 2008 12:00am
Kashmir Day

Kashmir Day

Will the President or the Prime Minister please explain to the nation why we continue to shutdown the entire country on February 5 every year in the name of Kashmir Day. How does it serve the cause of the Kashmiris or their welfare?
Published 05 Feb, 2008 12:00am
Faulty phone lines

Faulty phone lines

Through the courtesy of your newspaper I wish to draw the attention of PTCL towards the following dead phone lines of my office. Phone Nos. 2565420-21, 2568601-2 and 2560567 are out of order since May 2007.
Published 05 Feb, 2008 12:00am
Bad postal services

Bad postal services

The quality and standard of postal services in Karachi are deteriorating day by day on account of overall indiscipline and negligence in post offices and lack of administrative control by senior officials under Post Master General Sindh circle.
Published 05 Feb, 2008 12:00am
Weak US dollar lures Canadian retirees

Weak US dollar lures Canadian retirees

Canadian retiree Penny Macdonald and husband Stew have spent winters in the United States for 25 years, but never before have vacations been such good value for "snowbirds" flocking to trailer parks across America's sunbelt.
Published 05 Feb, 2008 12:00am
Global warming threatens to devastate the Mediterranean

Global warming threatens to devastate the Mediterranean

There is no sea like the Mediterranean, which links three continents and has contributed to the development of human civilisation for millennia. Today, however, the sea the Romans called Mare Nostrum (Our Sea) evokes ugly images of pollution and concrete
Published 05 Feb, 2008 12:00am
A case for stronger consumer protection legislation

A case for stronger consumer protection legislation

To fulfil the needs of ongoing changes in the economy, the Government of Pakistan introduced the Competition Ordinance 2007. In its preamble, "the Ordinance seeks to provide for free competition in all spheres of commercial and economic activity and to en
Published 05 Feb, 2008 12:00am
Time to regulate fireworks business

Time to regulate fireworks business

Happening at the heels of the monstrous paint factory blaze in Karachi, the sudden collapse of a three-storey building after a strong blast in explosive fireworks illegally stored in a godown in Rawalpindi close to a police station, must have given rise t
Published 05 Feb, 2008 12:00am
Predicament on pesticides front

Predicament on pesticides front

Thankfully, the withdrawal by the Federal Board of Revenue (FBR) of the 2 percent extra sales tax on the commercial importers of pesticides it had levied on June 27, 2007 along with all other commercial importers, will mark the end of an anomaly that had
Published 05 Feb, 2008 12:00am
Elections versus democracy

Elections versus democracy

Is staging elections the same thing as promoting democracy and respecting human rights? No, says the Human Rights Watch in its latest annual report. And that puts the Watch's perception at variance with the standard set by the Western democracies.
Published 05 Feb, 2008 12:00am
Powerful bomb defused

Powerful bomb defused

The Bomb Disposal Squad has defused a powerful roadside bomb weighing 16 kilogram at the jurisdiction of Budaber police station, police said here Monday. The bomb was planted at Jangali check-post on Indus Highway in the suburban area of Budaber, borderin
Published 05 Feb, 2008 12:00am
Pakistan and Iran border trade resumption discussed

Pakistan and Iran border trade resumption discussed

Pakistani and Iranian officials met on Monday along the border town of Taftan and discussed resumption of cross-border informal trade, local media reported. Informal trade has been going-on for years at Taftan, a town located in Chagai District, over 600k
Published 05 Feb, 2008 12:00am
Pakistan and Yemeni trade bodies sign cooperation accord

Pakistan and Yemeni trade bodies sign cooperation accord

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) signed a co-operation agreement with federation of Yemen to further intensify interaction between the business communities of both the countries.
Published 05 Feb, 2008 12:00am
Shahid, Malik congratulated

Shahid, Malik congratulated

Lahore Chamber of Commerce and Industry on Monday congratulated Syed Shahid Ali and Saarc Chamber of Commerce and Industry Vice President Iftikhar Ali Malik for being elected president and senior vice president of the Punjab Olympics Association.
Published 05 Feb, 2008 12:00am
Ballot papers for NA and PA seats in NWFP printed: EC

Ballot papers for NA and PA seats in NWFP printed: EC

Provincial Election Commissioner Akhtar Hussain Sabir said on Monday that ballot papers for NA and Provincial Assembly seats have been printed and the delivery process to start in three to four days. Briefing conference on 'Unite for Elections' here at a
Published 05 Feb, 2008 12:00am
No change in academic year: Lakha

No change in academic year: Lakha

The 12th Inter-Provincial Education Minister's conference has halted any change in academic year in the country and announced that academic year would continued to be started from August and September. Caretaker Federal Education Minister Shams Qasim Lakh
Published 05 Feb, 2008 12:00am
Shakarganj mills Limited assigned 'BBB+' 'A2' ratings

Shakarganj mills Limited assigned 'BBB+' 'A2' ratings

The Pakistan Credit Rating Agency (Pacra) has assigned the long-term and short-term entity ratings of "BBB+" (triple B plus) and "A2" (A two), respectively, to Shakarganj Mills Limited (SML). These ratings denote a low expectation of credit risk and an ad
Published 05 Feb, 2008 12:00am
Shakarganj mills Limited assigned 'BBB+' 'A2' ratings

Shakarganj mills Limited assigned 'BBB+' 'A2' ratings

The Pakistan Credit Rating Agency (Pacra) has assigned the long-term and short-term entity ratings of "BBB+" (triple B plus) and "A2" (A two), respectively, to Shakarganj Mills Limited (SML). These ratings denote a low expectation of credit risk and an ad
Published 05 Feb, 2008 12:00am
'No H5N1 virus exists in Sindh'

'No H5N1 virus exists in Sindh'

Poultry farming is an important sub-sector of livestock has suffered over Rs 20 million loss in a week due to price reduction and low consumption of meat as bird flu fear has taken the province.
Published 05 Feb, 2008 12:00am
AKU moot on cancer on February 5

AKU moot on cancer on February 5

The Aga Khan University Hospital will organise a moot at its premises here on Wednesday in connection with the World Cancer Day 2008. According to an announcement.
Published 05 Feb, 2008 12:00am
Nazims and Naib Nazims protest against police excesses

Nazims and Naib Nazims protest against police excesses

Nazims, Naib Nazims and members of Union Councils of Faisalabad District took out a protest procession against police torture and blocked the roads for two hours. Meanwhile, City District Assembly has wound up its session as a mark of protest. City Distri
Published 05 Feb, 2008 12:00am
Narcotics worth over Rs 60 million seized

Narcotics worth over Rs 60 million seized

In its ongoing anti-narcotic campaign the Excise Department has recovered huge quantity of narcotics and also arrested five culprits involved in drug trafficking.
Published 05 Feb, 2008 12:00am
Illegal possession of firearms: police directed to launch crackdown

Illegal possession of firearms: police directed to launch crackdown

Capital City Police Officer, Additional IG Malik Muhammad Iqbal has directed police officers to launch a crackdown against the elements involved in illegal possession or display of firearms as well as proclaimed offenders to ensure a peaceful atmosphere a
Published 05 Feb, 2008 12:00am
Gas crisis continues to hit textile sector in Faisalabad

Gas crisis continues to hit textile sector in Faisalabad

The present gas crisis continued to hit the value-added Textile Units in textile capital of the country unabated here on Monday amid accusations and counter accusations by industrialists and the utility officials.
Published 05 Feb, 2008 12:00am
President, Prime Minister reiterate commitment to Kashmir cause

President, Prime Minister reiterate commitment to Kashmir cause

President Pervez Musharraf and Prime Minister Muhammadmian Soomro have reiterated Pakistan's commitment to continue extending moral, political and diplomatic support for the settlement of Kashmir dispute in accordance with the wishes of the Kashmiri peopl
Published 05 Feb, 2008 12:00am
New BoD members of Khushhali Bank elected

New BoD members of Khushhali Bank elected

The Extraordinary Ggeneral Meeting of Khushhali Bank has elected new members of the Board of Directors (BoDs) for a term of three years.
Published 05 Feb, 2008 12:00am
Prices of edible oil, ghee up

Prices of edible oil, ghee up

The prices of edible oil and ghee have gone up by Rs 40 and 30 per 16kg respectively in the local market, said Fareed Qureshi, General Secretary of Karachi Retailers Grocers Association on Monday. With the current increase, edible oil will be available at
Published 05 Feb, 2008 12:00am
Mustafa Jatoi meets Halepota

Mustafa Jatoi meets Halepota

Former Caretaker Prime Minister and chief of National Peoples Party, Ghulam Mustafa Jatoi on Monday called on Caretaker Chief Minister, Sindh former Justice Abdul Qadir Halepota at the Chief Minister House and discussed various important matters.
Published 05 Feb, 2008 12:00am
Workshop on Business Continuity Management Fundamentals held

Workshop on Business Continuity Management Fundamentals held

A one day comprehensive workshop on "Business Continuity Management Fundamentals" (BCMF) was jointly organised by the Institute of Bankers Pakistan (IBP) and Rkaz Technology Partners, Malaysia here on Monday.
Published 05 Feb, 2008 12:00am
NAB files reference against businessman

NAB files reference against businessman

The National Accountability Bureau (NAB) has filed reference in accountability court against the chief executive of M/s Marque (Pvt) Limited, Assad Waheed, on charges of cheating public in investment.
Published 05 Feb, 2008 12:00am
'Elahi to visit provinces for electioneering'

'Elahi to visit provinces for electioneering'

Pakistan Muslim League-Q (PML-Q) President and former prime minister Chaudhry Shujaat Hussain has said that PML-Q central leader Chaudhry Pervaiz Elahi will soon visit the other provinces in connection with election campaign.
Published 05 Feb, 2008 12:00am
Non-members of Aptma deprived of gas: Apta

Non-members of Aptma deprived of gas: Apta

Chairman All Pakistan Textile Association (Apta), Adil Mehmood has said that a group of 15 dominating officers of the Sui Northern Gas Pipelines Limited (SNGPL) having their own textile mills and CNG stations and office bearers of All Pakistan Textile Mil
Published 05 Feb, 2008 12:00am
Citizens Group on Electoral Process to meet Shujaat, Nawaz

Citizens Group on Electoral Process to meet Shujaat, Nawaz

The Citizens Group on Electoral Process led by former chief justice Saeed uz Zaman Siddiqui will meet Pakistan Muslim League-Q (PML-Q) President Chaudhry Shujaat Hussain and Pakistan Muslim League-Nawaz (PML-N)Patron Mian Muhammad Nawaz Sharif this month.
Published 05 Feb, 2008 12:00am
Free vaccination in bird flu-hit areas demanded

Free vaccination in bird flu-hit areas demanded

Pakistan Poultry Association (PPA) has urged government to subsidise the import of bird flu vaccine and provide free vaccination in flu-hit areas. Central Chairman Abdul Basit, Chairman Abdul Hayee Mehta and Disease Control Committee Convenor Dr Kamal dem
Published 05 Feb, 2008 12:00am
SECP Chairman Razi-ur-Rehman Khan's message

SECP Chairman Razi-ur-Rehman Khan's message

"It is indeed a matter of pride for the Securities and Exchange Commission of Pakistan, as it has achieved another landmark by introducing the regulatory framework for Real Estate Investment Trusts."
Published 05 Feb, 2008 12:00am
The Weather

The Weather

The weather report on Monday (February 04, 2008) and the forecast for Tuesday (February 05, 2008).
Published 05 Feb, 2008 12:00am
Police ordered to be on high alert

Police ordered to be on high alert

Police Inspector General Ahmad Nasim has ordered field police officers to tighten the security across the province to deal with any unexpected terrorists activity and keep vigilance on suspects. He has also directed to increase patrolling at sensitive pub
Published 05 Feb, 2008 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 05 Feb, 2008 12:00am
Bird flu: properly cooked and frozen chicken safe for consumption: PMS

Bird flu: properly cooked and frozen chicken safe for consumption: PMS

Traditional Pakistani cooking where the food is subjected to around 120 degree Celsius will kill H5N1 virus, as the avian influenza is a heat labile virus with a maximum survival up to 70 degree Celsius. This was stated by the Pakistan Medical Society (PM
Published 05 Feb, 2008 12:00am
'Breast cancer rate highest in Pakistan'

'Breast cancer rate highest in Pakistan'

National Co-ordinator of Pink Ribbon Campaign Omer Aftab has said Pakistan has the highest rate of breast cancer as compare to any other Asian country. Afab said every year breast cancer was detected in 83,000 women and 43,000 died.
Published 05 Feb, 2008 12:00am
Shujaat favours Kashmiris struggle for freedom

Shujaat favours Kashmiris struggle for freedom

Pakistan Muslim League-Q (PML-Q) President and former prime minister Chaudhry Shujaat Hussain has said the most important point in Kashmir issue is that we should first talk about the rights of Kashmiris.
Published 05 Feb, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (February 04, 2008).

Published 05 Feb, 2008 12:00am