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Sep 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-02-20
Philippines shares rise

Philippines shares rise

Philippines share prices closed 0.9 percent higher in subdued trade on Tuesday as investors wary about domestic political issues sought out bargains after a three-day slide, dealers said. They said gains were broad-based and led by blue chips but volumes
Published 20 Feb, 2008 12:00am
Jakarta shares surge

Jakarta shares surge

Jakarta share prices closed 1.0 percent higher on Tuesday, supported by gains in some regional markets as well as optimism that key companies will be reporting strong 2007 earnings, dealers said. Among the gainers were banking, plantation and select minin
Published 20 Feb, 2008 12:00am
Thai share prices rally

Thai share prices rally

Thai share prices closed 1.29 percent higher on Tuesday in line with broader gains across the region, dealers said. They said sentiment was also upbeat after Thailand's newly elected Prime Minister Samak Sundaravej on Monday unveiled an ambitious spending
Published 20 Feb, 2008 12:00am
Nikkei hits two-week high on trading houses

Nikkei hits two-week high on trading houses

Japanese stocks climbed to a two-week high on Tuesday as trading houses such as Itochu Corp rose on strong metals prices and big-name exporters were snapped up by individual investors.
Published 20 Feb, 2008 12:00am
Singapore shares end firmer

Singapore shares end firmer

Singapore share prices closed 0.48 percent higher on Tuesday as investors bought blue chip stocks amid quiet trade, dealers said. The Straits Times Index rose 14.72 points to 3.098.06 on volume of 2.00 billion shares worth 1.78 billion Singapore dollars (
Published 20 Feb, 2008 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 68.58/68.58 (previous 68.58/68.58). Call Money Rates: 8.50-12.00 percent (previous 8.00-12.00 percent.
Published 20 Feb, 2008 12:00am
Yuan ends at new high versus dollar

Yuan ends at new high versus dollar

The yuan set a new closing high against the dollar on Tuesday as Chinese inflation rose to its highest in 11 years, encouraging expectations that China will have to let the yuan appreciate rapidly this year. Annual consumer price inflation surged to 7.1 p
Published 20 Feb, 2008 12:00am
Swiss franc rises

Swiss franc rises

The Swiss franc rose against the dollar and euro on Tuesday as investors moved into the safe haven currency, giving it a boost after recent losses. "I think the main reason is it (the franc) lost a lot of ground yesterday and it's a technical correction,"
Published 20 Feb, 2008 12:00am
Dollar slides broadly, yen up

Dollar slides broadly, yen up

The dollar slipped on Tuesday as growing expectations of a rise in Australian interest rates boosted high-yielding currencies, while the yen rallied on chatter that China may also lift rates.
Published 20 Feb, 2008 12:00am
Australian dollar at three-month highs

Australian dollar at three-month highs

The Australian dollar cruised to three-month highs against the US currency on Tuesday after hawkish minutes from the central bank's latest interest rate meeting were seen locking in another rate hike next month. Minutes from the Reserve Bank of Australia'
Published 20 Feb, 2008 12:00am
New Zealand reveal masterplan to beat England

New Zealand reveal masterplan to beat England

New Zealand have taken the unusual step of revealing their masterplan to beat England in the one-day cricket international here Wednesday, detailing perceived flaws among key batsmen. A win for New Zealand would give them an unbeatable 3-1 lead in the fiv
Published 20 Feb, 2008 12:00am
Baghdatis denies he's too nice for tennis

Baghdatis denies he's too nice for tennis

Amenable Marcos Baghdatis denied Tuesday that he's too nice for tennis after crashing out 6-3, 3-6, 6-4 in the first round of the Rotterdam Open. "Nice is better, but I stll have a winning mentality," said the 2006 Australian Open finalist after losing to
Published 20 Feb, 2008 12:00am
Sangwan helps India crush South Africa

Sangwan helps India crush South Africa

Promising left-arm seamer Pardeep Sangwan wrecked South Africa with a five-wicket haul to give India their second win in cricket's under-19 World Cup here on Tuesday. Sangwan's deadly strikes bowled out South Africa for 149, a total India surpassed for th
Published 20 Feb, 2008 12:00am
India win thriller against Sri Lanka

India win thriller against Sri Lanka

The enigmatic Yuvraj Singh finally returned to form to lead India to a thrilling and crucial two-wicket win over Sri Lanka in their vital tri-series match here Tuesday. The left-hander burst out of his tour-long slump to make a polished 76 as the Indians
Published 20 Feb, 2008 12:00am
Lucrative league taking shape

Lucrative league taking shape

With over $1.7 billion being spent on franchise sales, television and promotion rights, the Indian Premier League (IPL) is poised to become one of the most lucrative sporting events to be launched in Asia.
Published 20 Feb, 2008 12:00am
Top Australians turn down IPL offers

Top Australians turn down IPL offers

A handful of leading Australians, including middle-order batsman Michael Clarke and strike bowler Mitchell Johnson, have turned down offers to play in the lucrative Indian Premier League (IPL) to focus on their international careers.
Published 20 Feb, 2008 12:00am
Australia tour delayed and shortened

Australia tour delayed and shortened

Pakistan and Australia have agreed to delay their bilateral series and shorten it to a month after officials met in Kuala Lumpur to discuss security concerns expressed by the Australians about playing in Pakistan. Australia had been scheduled to tour from
Published 20 Feb, 2008 12:00am
National chemistry moot at Punjab University from February 25

National chemistry moot at Punjab University from February 25

The Punjab University will hold a three-day National Chemistry Conference on "role of chemistry in the development of health, industry and environment" for the solutions of industrial, agricultural and environmental issues of Pakistan from February 25 to
Published 20 Feb, 2008 12:00am
Seminar on 'Industrial needs, role of Navtec'

Seminar on 'Industrial needs, role of Navtec'

A seminar on 'Industrial needs and role of NAVTEC' was held under the auspices of Business Industry Promotion Association of Pakistan (BIPAP) here on Tuesday. Speakers in the moot unanimously viewed that parties that had succeeded in recent elections shou
Published 20 Feb, 2008 12:00am
HRCP chief praises electorate's verdict

HRCP chief praises electorate's verdict

Human Rights Commission of Pakistan (HRCP) Chairperson Asma Jahangir has praised the people of Pakistan for overcoming obstacles and giving their verdict favouring democratic governance though she said the opportunity was unavailable to the electorate in
Published 20 Feb, 2008 12:00am
BSF to help Smeda promote SMEs: MoU signed

BSF to help Smeda promote SMEs: MoU signed

The Small and Medium Enterprise Development Authority (Smeda) and the SME Business Support Fund (BSF) have signed a memorandum of understanding (MoU) to help promote small and medium enterprises.
Published 20 Feb, 2008 12:00am
Alleged Jundullah terrorists remanded to judicial custody

Alleged Jundullah terrorists remanded to judicial custody

Justice Khawaja Naveed Ahmed, Administrative Judge for Anti Terrorism Courts (ATCs) of Karachi division on Tuesday remanded three alleged activists of banned organisation Jundullah, to the judicial custody till February 25.
Published 20 Feb, 2008 12:00am
IHC hears 50 cases

IHC hears 50 cases

Five single benches constituted by Chief Justice of Islamabad High Court (IHC) Sardar Mohammad Aslam on Tuesday heard 50 cases. These cases related to property, domestic and service matters. A large number of legal practitioners appeared before the benche
Published 20 Feb, 2008 12:00am
Parties must accept election results with open heart: Qayyum

Parties must accept election results with open heart: Qayyum

Former President and Supreme head of Muslim Conference, Sardar Muhammad Abdul Qayyum Khan has asked all the political parties to accept the election results with open heart. Talking to Athar Masood Wani about the situation in Pakistan, he said that succes
Published 20 Feb, 2008 12:00am
Superior judiciary should not repeat past blunders: Justice Dogar

Superior judiciary should not repeat past blunders: Justice Dogar

Chief Justice Abdul Hameed Dogar has said, "we (the superior judiciary) should not repeat our past blunders and must work within the parameters set in the Constitution." He was addressing the inauguration ceremony of the Islamabad High Court here on Tuesd
Published 20 Feb, 2008 12:00am
Bush calls for increased effort to help Darfur

Bush calls for increased effort to help Darfur

After seeing graphic reminders of the Rwandan genocide, US President George W. Bush called on Tuesday for increased international efforts to help Darfur. Bush visited a memorial to the 1994 genocide when 800,000 Tutsis and moderate Hutus were murdered by
Published 20 Feb, 2008 12:00am
UN police quit destroyed post

UN police quit destroyed post

UN police pulled out from a Kosovo border post that was destroyed on Tuesday by Serbs who vowed never to submit to the authority of Kosovo's Albanian government and its Western backers.
Published 20 Feb, 2008 12:00am
EU and Kosovo 'good friends', says Solana

EU and Kosovo 'good friends', says Solana

EU foreign policy chief Javier Solana called the European Union and Kosovo mutual "good friends" Tuesday, in the first visit to Pristina by an international figure since its independence from Serbia.
Published 20 Feb, 2008 12:00am
Kosovo violence shows risk of partition

Kosovo violence shows risk of partition

Kosovo Serbs sacked border posts in the newly independent republic on Tuesday, to warn they won't let a new frontier separate Serb from Serb, whatever Kosovo's Albanian leaders and their Western backers say.
Published 20 Feb, 2008 12:00am
US to try satellite shoot-down today

US to try satellite shoot-down today

The United States will take its first shot at an out-of-control spy satellite on Thursday, trying to knock it into the sea before it crashes to Earth, possibly causing damage, CNN news reported Monday.
Published 20 Feb, 2008 12:00am
24 world cities in 'Earth Hour' black-out

24 world cities in 'Earth Hour' black-out

Twenty-four cities around the world will fall into shadow next month as homes and businesses turn off the lights to raise awareness about global warming, organisers said Tuesday.
Published 20 Feb, 2008 12:00am
High-tech Japan warship collides

High-tech Japan warship collides

A naval destroyer equipped with sophisticated radar key to Japan's missile defence system collided with a fishing boat on Tuesday, the coast guard said, raising questions about the ship's monitoring of other ocean traffic.
Published 20 Feb, 2008 12:00am
Egypt bans four Western papers

Egypt bans four Western papers

Egypt has banned the sale of four international newspapers for printing blasphemous pictures, the official MENA news agency reported on Tuesday. Under a decree issued by Information Minister Anas al-Fiqi, Germany's Frankfurter Allgemeine Zeitung and Die W
Published 20 Feb, 2008 12:00am
Obama, Hillary square off in Wisconsin

Obama, Hillary square off in Wisconsin

Democrats in Wisconsin and Hawaii make their choices on Tuesday in a heated presidential battle, with Hillary Clinton hoping to snap Barack Obama's winning streak ahead of big contests in March.
Published 20 Feb, 2008 12:00am
Fuel convoy breaks blockade of Kathmandu

Fuel convoy breaks blockade of Kathmandu

A convoy of oil tankers arrived in Kathmandu on Tuesday under armed police guard, the first major delivery of fuel to Nepal's capital since a blockade led to shortages of petrol and food, officials said.
Published 20 Feb, 2008 12:00am
Supreme Court throws out wire-tapping case

Supreme Court throws out wire-tapping case

The US Supreme Court on Tuesday threw out a bid by journalists and professors to challenge the legality of the US administration's wire-tapping program. The program, brought in after the September 11, 2001 attacks, allows US national security agencies to
Published 20 Feb, 2008 12:00am
US holding Afghan journalist for 'Taliban contacts'

US holding Afghan journalist for 'Taliban contacts'

The US military has been holding an Afghan journalist working with Canadian Television (CTV) for three months because of his professional contacts with Taliban militants, media watchdogs alleged Tuesday.
Published 20 Feb, 2008 12:00am
Myanmar bars Suu Kyi from elections

Myanmar bars Suu Kyi from elections

Aung San Suu Kyi will not be allowed to run for election under Myanmar's proposed constitution, which has now been drafted ahead of a referendum in May, the military government said Tuesday.
Published 20 Feb, 2008 12:00am
Pound slips across-the-board

Pound slips across-the-board

Sterling slipped to a one-month low against a basket of currencies on Tuesday, as investors remained downbeat about the prospects for the UK economy and the health of Britain's dominant banking sector.
Published 20 Feb, 2008 12:00am
Dollar retreats, yen rises in London

Dollar retreats, yen rises in London

The dollar fell to a two-week low against the euro on Tuesday and the yen rose as investors pared risky trades amid worries about the banking sector, fuelled by reports of further writedowns by major banks.
Published 20 Feb, 2008 12:00am
Indian rupee drops

Indian rupee drops

The Indian rupee fell to its lowest in five months on Tuesday as a state-run bank bought dollars for defence-related payments, causing a shortage of the US unit. The partially convertible rupee ended at 39.91/92 per dollar, its lowest close since Septembe
Published 20 Feb, 2008 12:00am
Asian bonds widen

Asian bonds widen

South Korean banking credits fell on Tuesday over concerns Hana Financial Group could be asked to pay up to $1.8 billion in back taxes but the broad market drifted in directionless trade after a US holiday.
Published 20 Feb, 2008 12:00am
Asian bonds widen

Asian bonds widen

South Korean banking credits fell on Tuesday over concerns Hana Financial Group could be asked to pay up to $1.8 billion in back taxes but the broad market drifted in directionless trade after a US holiday.
Published 20 Feb, 2008 12:00am
Credit spreads widen to fresh record

Credit spreads widen to fresh record

European credit spreads pushed to fresh record wide levels on Tuesday after Credit Suisse shocked investors with a surprise $2.85 billion writedown a week after announcing full-year results. Five-year credit default swaps on Credit Suisse widened sharply,
Published 20 Feb, 2008 12:00am
Credit spreads widen to fresh record

Credit spreads widen to fresh record

European credit spreads pushed to fresh record wide levels on Tuesday after Credit Suisse shocked investors with a surprise $2.85 billion writedown a week after announcing full-year results. Five-year credit default swaps on Credit Suisse widened sharply,
Published 20 Feb, 2008 12:00am
UK's top share index rises

UK's top share index rises

Britain's leading FTSE 100 share index edged up on Tuesday, with banks forging higher after Barclays' results and dividend signalled the worst may be over for the stricken UK financial sector. The FTSE 100 ended up 0.3 percent, or 20.3 points at 5,966.9.
Published 20 Feb, 2008 12:00am
US grains get fresh impetus from China

US grains get fresh impetus from China

Storm damage to China's rapeseed crop has brought fresh fundamental support to the US grain markets and could push prices, already at historic highs, even higher in the months to come.
Published 20 Feb, 2008 12:00am
London coffee, cocoa and sugar rise

London coffee, cocoa and sugar rise

Coffee futures notched up strong gains on Tuesday as speculators returned to the market while sugar closed with mild gains and cocoa slipped in late trade. London-traded robusta closed up almost 5 percent as the market rallied late in a flurry of fresh sp
Published 20 Feb, 2008 12:00am
Oil hits record over $100 on Opec supply concerns

Oil hits record over $100 on Opec supply concerns

Oil prices surged more than 4 percent on Tuesday to hit a record over $100 a barrel on expectations Opec will keep production levels steady when it meets next month. News Nigerian oil delta rebel leader Henry Okah had died raised worries about supplies fr
Published 20 Feb, 2008 12:00am
Record diamond to go under hammer in Hong Kong

Record diamond to go under hammer in Hong Kong

The biggest colourless diamond to appear at auction for 20 years will go under the hammer later this year, officials said as it was unveiled in London Tuesday.
Published 20 Feb, 2008 12:00am
Copper ascends

Copper ascends

Copper rallied to its highest level in four months on Tuesday, driven by supply fears as inventories fell and investment money poured into commodities. Copper for delivery in three months on the London Metal Exchange rose to $8,225 per tonne, its highest
Published 20 Feb, 2008 12:00am
New York cotton springs to firm close

New York cotton springs to firm close

Cotton futures vaulted to a firm finish Tuesday on all-around buying sparked by a surge in other commodity markets following a holiday weekend, brokers said. The cotton market was shut Monday for a holiday. ICE Futures' open-outcry March cotton contract r
Published 20 Feb, 2008 12:00am
Fortis sees cocoa deficit of 32,000 tonne

Fortis sees cocoa deficit of 32,000 tonne

Fortis said on Tuesday it estimated a small global cocoa deficit during the 2007/08 season of 32,000 tonnes, revising a previous forecast of a 74,000-tonne surplus. In a monthly report, the investment bank said it reduced its overall net production estima
Published 20 Feb, 2008 12:00am
Platinum keep rallying for 14th straight day

Platinum keep rallying for 14th straight day

Platinum surged to a record high for the 14th straight day on Tuesday, swept up by speculators on persistent output problems in top producer South Africa.
Published 20 Feb, 2008 12:00am
US MIDDAY: coffee and cocoa up

US MIDDAY: coffee and cocoa up

Arabica coffee futures on ICE Futures US climbed nearly three percent in early trade Tuesday on fund and roaster buying amid March/May spreading while cocoa gained ground on light volume, traders said.
Published 20 Feb, 2008 12:00am
US MIDDAY: sugar rallies

US MIDDAY: sugar rallies

Raw sugar futures rallied anew early Tuesday on options-related and investment fund buying as the market again surged to a fresh 18-month high following a holiday weekend, brokers said. The raw sugar market was shut Monday for a holiday.
Published 20 Feb, 2008 12:00am
US MIDDAY: wheat sags

US MIDDAY: wheat sags

Nearby wheat futures on the Chicago fell to session low past midday Tuesday, led by a sharp profit-taking sell-off in Minneapolis Grain Exchange spring wheat, traders said.
Published 20 Feb, 2008 12:00am
US MIDDAY: corn soars

US MIDDAY: corn soars

US corn futures rallied nearly 2 percent on Tuesday, following surging soya and soyaoil, traders said. At 10 am CST (1600 GMT), Chicago Board of Trade corn was up 2-1/4 to 10 cents per bushel, with March up 9-1/2 at $5.24-1/4 per bushel.
Published 20 Feb, 2008 12:00am
US MIDDAY: soyabean futures hit new highs

US MIDDAY: soyabean futures hit new highs

Soyabean futures on the Chicago Board of Trade rallied to an all-time high on Tuesday, boosted by strong Chinese demand for soyabeans and soyaoil, traders said. "It's China buying led by the edible oils," said Anne Frick, an analyst with Prudential Financ
Published 20 Feb, 2008 12:00am
US MIDDAY: copper climbs

US MIDDAY: copper climbs

US copper futures charged to a four-month peak in early business on Tuesday as concerns about a near-term supply shortfall in the industrial metal continued to steer prices higher.
Published 20 Feb, 2008 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

US gold futures jumped 2 percent to a one-week high on Tuesday, boosted by a host of bullish factors including inflation fears, a lower dollar and a rally in platinum group metals prices.
Published 20 Feb, 2008 12:00am
Missile programme

Missile programme

Pakistan continues to make advances in missiles technology at a quite appreciable and encouraging pace. This augurs well for the maintenance of minimum defence deterrent in view of the strategic locations and developments in the region in particular and t
Published 20 Feb, 2008 12:00am
No laxity, please

No laxity, please

Has wiser sense started prevailing in the Bush Administration in Washington DC,USA? This is an important question asked in the backdrop of the USA officials stating that the American troops will venture in Pakistan in hot pursuit of this and that.
Published 20 Feb, 2008 12:00am
Iraq's only brain surgeon refuses to join brain drain

Iraq's only brain surgeon refuses to join brain drain

While many Iraqi professionals take advantage of the "brain drain" robbing the war-ravaged country of its best talent, one man has vowed to stand his ground and care for the brains that remain.
Published 20 Feb, 2008 12:00am
Good Morning: serving by not voting

Good Morning: serving by not voting

I am unsure of whether I should begin by saying that I did not cast my vote in the 2008 general election, and in doing that I was part of a large segment of population that didn't go out to vote.
Published 20 Feb, 2008 12:00am
A case for amending civil litigation process

A case for amending civil litigation process

In any civilised society, there is a need that an ordinary person has an easy and speedy access to justice. The provision of speedy justice is acknowledged not only because the superior courts are resolving disputes but it should also witness that the low
Published 20 Feb, 2008 12:00am
Trying maize for energy

Trying maize for energy

While Pakistan is in the midst of an energy crisis it is good to note that the government has been looking at various alternative energy sources, including the environment-friendly biofuel, ethanol, from maize. The prevailing conditions, though, have damp
Published 20 Feb, 2008 12:00am
The people have spoken

The people have spoken

The people have spoken with unprecedented force and conveyed in no uncertain terms that all that stood in the name of President Pervez Musharraf's vision for Pakistan was unacceptable to them. It was supposed to be a vote for electing a parliament and pro
Published 20 Feb, 2008 12:00am
Afghan resident with explosives arrested

Afghan resident with explosives arrested

The Capital City Police (CCP) has foiled a bid to sabotage election activity in Peshawar city arrested an Afghan refugee and seized high power explosive material from his possession. The Police also recovered fuses, screws from the custody of the arrested
Published 20 Feb, 2008 12:00am
10 die in held Kashmir road accident

10 die in held Kashmir road accident

In occupied Kashmir, 10 persons died and 41 others injured in a road accident in Kuthua district. The incident occurred when a passenger bus, which was on its way to Bani from Basoli, fell into a deep gorge near Basoli in the district, KMS reported.
Published 20 Feb, 2008 12:00am
Punjab chief minister congratulates election winners

Punjab chief minister congratulates election winners

The Caretaker Chief Minister (CM), Punjab, former Justice, Ejaz Nizar has extended felicitation to all those who emerged successful in the general elections 2008 and expressed satisfaction over free, fair and transparent polls held on February 18.
Published 20 Feb, 2008 12:00am
Fazl felicitates PPPP, PML-N

Fazl felicitates PPPP, PML-N

Jamiat Ulema-e-Islam (JUI) Chief and Muttahida Majlis-e-Ammal (MMA) Secretary General Maulana Fazal-ur-Rehman has felicitated the Pakistan People's Party Parliamentarians (PPPP) and the Pakistan Muslim League-N over their overwhelming victory in the elect
Published 20 Feb, 2008 12:00am
MQM willing to talk to PPP, PML-N on future course

MQM willing to talk to PPP, PML-N on future course

Muttahida Qaumi Movement (MQM) leader Altaf Hussein has indicated his party's willingness to hold dialogue with Pakistan People's Party and Pakistan Muslim League-Nawaz on the possibilities of forming government at the centre or at the provincial level.
Published 20 Feb, 2008 12:00am
Politicians should follow security advisory: Cheema

Politicians should follow security advisory: Cheema

Interior Ministry Spokesman Brigadier Javed Iqbal Cheema (Retd) on Tuesday said the political leaders who have been receiving life threats should not lower their security. "The politicians should follow the security advisory issued to them by the Ministry
Published 20 Feb, 2008 12:00am
Senators satisfied with result

Senators satisfied with result

Pakistan's general election was credible and legitimate and the moderate majority of the people had expressed their will and desire for change, a team of US senators that observed the vote said on Tuesday.
Published 20 Feb, 2008 12:00am
Caretaker government proved its impartiality: Burney

Caretaker government proved its impartiality: Burney

Caretaker Minister for Human Rights Ansar Burney on Tuesday said that the caretaker government proved its promise by holding free, fair and transparent elections. In a statement he congratulated the nation on the peaceful polls and said that holding of el
Published 20 Feb, 2008 12:00am
Indonesian media team lauds holding of free, fair elections

Indonesian media team lauds holding of free, fair elections

Caretaker Minister for Interior Lieutenant General Hamid Nawaz Khan (Retd) has said that Pakistan is playing vital role in the global war against terrorism and the whole world including the United Nations and United States have commended its efforts to el
Published 20 Feb, 2008 12:00am
LCCI felicitates PML-N, PPP

LCCI felicitates PML-N, PPP

The President of Lahore Chamber of Commerce and Industry, Mohammad Ali Mian, has congratulated the Pakistan Muslim League-N and the Pakistan People's Party and urged them to prioritise the economy.
Published 20 Feb, 2008 12:00am
Stable Pakistan to benefit Kashmiris: APHC

Stable Pakistan to benefit Kashmiris: APHC

In occupied Kashmir, the pro-liberation leaders have said that politically stable Pakistan would benefit the Kashmir cause. Pro-liberation leaders said this while commenting on elections in Pakistan, Kashmir Media Service reported.
Published 20 Feb, 2008 12:00am
Formation of government by mid-March: minister

Formation of government by mid-March: minister

Federal Caretaker Law and Justice Minister Afzal Haider on Tuesday said the process of forming new governments at the federal and the provincial levels would be completed by mid of next month.
Published 20 Feb, 2008 12:00am
Poll fairness topples multi-faceted political giants

Poll fairness topples multi-faceted political giants

Not only the fairness of elections, but also the silence of voters have not only toppled but also evaporated the multi-faceted political giants and king-makers from the political panorama of the country.
Published 20 Feb, 2008 12:00am
Five free medical camps to be held in Bannu

Five free medical camps to be held in Bannu

The welfare organisation of Chief Minister, Tanzeem Lisail Wal Mahroom and Hamza Foundation would hold five free medical camps in the far flung areas of District Bannu from February 20 to 25. The special teams of expert female and male doctors would exami
Published 20 Feb, 2008 12:00am
1,024 examined, 94 operated in free eye camp

1,024 examined, 94 operated in free eye camp

As many as 1,024 ophthalmic patients were examined and 94 provided surgery during a weeklong free eye camp held at village Lasharian, some 40 kilometres off here. Social Welfare Society Lasharian in collaboration with the Society for Prevention and Cure o
Published 20 Feb, 2008 12:00am
Hungarian oil firm keen to invest in Pakistan

Hungarian oil firm keen to invest in Pakistan

Hungarian biggest oil and gas firm MOL intends to boost its range in various countries including Pakistan. The company officials said in an interview that MOL is interested in purchasing the several targets including production sites in countries like Pak
Published 20 Feb, 2008 12:00am
Danish envoy summoned over blasphemous caricatures

Danish envoy summoned over blasphemous caricatures

Pakistan on Tuesday summoned the Danish envoy in Islamabad to lodge a "strong protest" over the republication of blasphemous caricatures of the Holy Prophet Muhammad (PBUH) in Danish newspapers last week.
Published 20 Feb, 2008 12:00am
Election day survey: elections 2008: gallup survey

Election day survey: elections 2008: gallup survey

Gallup Pakistan carried out a large scale Election Day Survey on February 18 across all four provinces of Pakistan. The survey was not meant to be an early prediction nor to monitor the fairness of elections.
Published 20 Feb, 2008 12:00am
Old enmity claims two lives

Old enmity claims two lives

Two people were killed and two others injured in Rawalpindi when a rival party started indiscriminate firing on Mumraiz, a resident of Chontra village outside the District Headquarter Hospital on Tuesday afternoon.
Published 20 Feb, 2008 12:00am
Pulses import down by 53 percent in December 2007

Pulses import down by 53 percent in December 2007

Pulses import declined by 53 percent during December 2007 as compared to December 2006, according to official statistics. The country's import of pulses during December 2007 stood at $9.660 million as compared to $20.473 million during December 2006, show
Published 20 Feb, 2008 12:00am
Ship breaking: World Bank help sought to protect environment degradation

Ship breaking: World Bank help sought to protect environment degradation

Ministry of Environment has sought financial assistance from World Bank (WB) to initiate a project to protect environment degradation by ship breaking. "It is over a month now since the ministry has sent a letter to the World Bank asking for the funds for
Published 20 Feb, 2008 12:00am
Restoration issue of sacked judges resurfaces

Restoration issue of sacked judges resurfaces

The question of the restoration of judges has resurfaced after the victory of the Opposition parties in Monday's general election. Five eminent political personalities, Nawaz Sharif, Pakistan Muslim League chief, Aitzaz Ahsan President Pakistan Bar Counci
Published 20 Feb, 2008 12:00am
MQM candidates among highest vote getters

MQM candidates among highest vote getters

Three MQM candidates for National Assembly have secured top positions in terms of votes in the country in the February 18 general elections. According to the statistics of the provisional results announced so far by the Election Commission, Sufyan Yousuf
Published 20 Feb, 2008 12:00am
Two MQM-backed businessmen elected to NA

Two MQM-backed businessmen elected to NA

Out of five businessmen, who were contesting for the National Assembly seat, only two businessmen were elected in February 18 elections. Of the five businessman- Dr Mirza Ikhtiar Baig, Captain Halim Siddiqui, Khwaja Sohail Mansoor, Abdul Rasheed Godil, If
Published 20 Feb, 2008 12:00am
Power supply from Kanupp suspended again

Power supply from Kanupp suspended again

The KESC's two transmission lines connecting city to the Kanupp once again tripped just after 54 hours of their restoration, resulting in complete suspension of power supply to the metropolis.
Published 20 Feb, 2008 12:00am
'Unilever' again rated 'Top' of 'Top 25 companies'

'Unilever' again rated 'Top' of 'Top 25 companies'

The Karachi Stock Exchange (KSE) has rated Unilever Pakistan at the top of its 'Top 25 Companies' for the second consecutive year. In a communication issued on January 22, 2008, the KSE listed the top companies on criteria which included distribution of p
Published 20 Feb, 2008 12:00am
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