News Archives for Print - 2008-03-24

Print - 2008-03-24

T-System to move 3,000 jobs to India

T-Systems, the computer services unit of Deutsche Telekom, said on Wednesday it would move 3,000 jobs in Germany to India as a result of its partnership with the US group Cognisant.

Published 24 Mar, 2008 12:00am

Okinawans rally against US military crimes

Thousands of Okinawans rallied on Sunday to protest crimes by US troops and demand a smaller US military presence on the southern Japanese island after last month's arrest of a Marine on suspicion of raping a schoolgirl.

Published 24 Mar, 2008 12:00am

US wants Britain to lead 'surge' in southern Iraq

The US plans to urge Britain to launch a "surge" in Basra to combat increasing violence in the southern Iraqi region, the Sunday Mirror newspaper reported.

Published 24 Mar, 2008 12:00am

Japanese shares may extend recovery

Japanese shares may continue to rebound next week if there are further signs of an easing of global market turmoil in the wake of efforts by the Federal Reserve to keep credit flowing, analysts said Friday.

Published 24 Mar, 2008 12:00am

Australian shares expected to remain volatile

Australian share prices are expected to continue a rollercoaster ride next week due to the global credit crunch and uncertainty in commodity markets, dealers said.

Published 24 Mar, 2008 12:00am

Bangladesh interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Sunday 68.58/68.58 (previous 68.58/68.58).

Published 24 Mar, 2008 12:00am

Taiwan shares seen upside after presidential vote

Taiwan share prices are expected to continue their upward momentum next week with Saturday's presidential election expected to end a period of political uncertainty, dealers said.

Published 24 Mar, 2008 12:00am

South Korean shares expected to rise

South Korean share prices are expected to rise slightly next week as investors hope for a global upturn amid easing jitters over a US credit crunch and an economic slowdown, dealers said.

Published 24 Mar, 2008 12:00am

Singapore shares to remain volatile

Singapore share prices are to remain volatile next week, with uncertainty over the health of the US economy casting a shadow on investors, dealers said.

Published 24 Mar, 2008 12:00am

Philippines shares seen traded cautiously

Philippines share prices will be traded cautiously next week once trade resumes after the Easter weekend and with concerns over the United States economy dominating sentiment, dealers said.

Published 24 Mar, 2008 12:00am

Asian currencies mixed against dollar

Asian currencies ended the week mixed against the dollar, with the Japanese yen up against the greenback but the Australian and New Zealand dollars falling amid ongoing world market turmoil.

Published 24 Mar, 2008 12:00am

Quiet week foreseen on London stock market

The London Stock Exchange, closed Friday and Monday for the Easter holiday, should see featureless trading when it reopens Tuesday, with investors taking direction from Wall Street.

Published 24 Mar, 2008 12:00am

Malaysian shares seen higher

Malaysia's share prices are expected to trade higher in the week ahead as the market is ripe for a rebound after steep losses in the last two weeks, dealers said.

Published 24 Mar, 2008 12:00am

Stocks could resume rally on Fed optimism

Bolstered by the Federal Reserve's aggressive liquidity action, US stocks could extend their solid rally next week even in the face of still weak consumer and housing-related data.

Published 24 Mar, 2008 12:00am

Thai shares likely volatile next week

Thai share prices are likely to be volatile next week as investors remain fearful of a recession in the United States, dealers said. "The market is going to be volatile due mainly to ongoing fears over the US economy," said Pichai Lertsupongkit, senior vi

Published 24 Mar, 2008 12:00am

South Korea's Lee says price stability a priority

South Korean President Lee Myung-bak has declared that containing inflation has become a more urgent task in economic policy than lifting growth or creating more jobs, the presidential office said on Sunday.

Published 24 Mar, 2008 12:00am

Ethnic wealth gap feeds Tibet discontent

China's leaders have long feared the impact of the country's yawning wealth gap on social stability. When protests in Tibet, its poorest region, flared into riots, their nightmare looked very real. The March 14 riot in Lhasa, the capital of the region Com

Published 24 Mar, 2008 12:00am

Space shuttle astronauts to get day of rest

Space shuttle Endeavour astronauts were to rest on Sunday after the fifth and final spacewalk of a mission that brought the first piece of a Japanese laboratory and also a Canadian robot to the International Space Station.

Published 24 Mar, 2008 12:00am

Iran rejects Sarkozy's claim on missile threats

Iran on Sunday rejected French President Nicolas Sarkozy's comments on the necessity to build a strong deterrent against new security threats posed by nuclear-armed Islamic states, a news agency reported.

Published 24 Mar, 2008 12:00am

Entente truly cordial for 'Bling-Bling' Sarkozy

The French and the English once settled their bloody differences on the battlefield. That evolved into a love-hate relationship based on mutual mistrust with the French mocking "les rosbifs" and the English lampooning "the frogs".

Published 24 Mar, 2008 12:00am

Egypt releases 33 Hamas members

Egypt released 33 members of Hamas who had been detained after Palestinian militants breached the border in January, security sources said on Sunday. The men were held for possession of arms in Egypt, but subsequent investigations cleared them of "involve

Published 24 Mar, 2008 12:00am

Sudan rejects UN accusations on Darfur

The Sudanese army on Sunday condemned as biased a recent UN report accusing its soldiers of rape and extensive looting during offensives in western Darfur carried out with state-backed militias.

Published 24 Mar, 2008 12:00am

Long road ahead before peace between Taiwan and China

An end to the more than half a century of hostility and tension between Taiwan and China may be in the offing with the election of a more China-friendly president for the island, but progress will be slow and tortuous.

Published 24 Mar, 2008 12:00am

Cloned cells treat Parkinson's in mice

Researchers who used cloned embryonic stem cells to treat Parkinson's disease in mice said on Sunday they worked better than other cells. The researchers were trying to prove that it is possible to make embryonic stem cells using cloning technology and us

Published 24 Mar, 2008 12:00am

Opec chief sees oil at $80-$110 for rest of 2008

Petroleum prices will range between $80 and $110 per barrel for the rest of 2008, Opec President Chakib Khelil said on Saturday. Khelil, who is also Algerian energy and mines minister, told Algerian television Opec was under "big pressures" from consuming

Published 24 Mar, 2008 12:00am

'Green' cars boost Thai auto industry

Incentives from the Thai government to encourage automakers to produce fuel-efficient "eco-cars" have yielded a raft of major investments and started to change how Thais drive, experts say.

Published 24 Mar, 2008 12:00am

New elections unlikely to solve Kuwait's problems

Kuwait's ruler may have defused a political crisis in the Opec exporter by dissolving parliament but some analysts say the next assembly and cabinet are no more likely to agree on much-needed economic reforms than the last.

Published 24 Mar, 2008 12:00am

India woos Africa for resources and influence

India is wooing oil and mineral-rich Africa, seeking to match the clout enjoyed by China, as it seeks to fuel its energy-hungry economy and boost its global profile, analysts say.

Published 24 Mar, 2008 12:00am

Saudi inflation hits 27 year high as Gulf tracks Fed

Inflation in Saudi Arabia surged to a 27-year high of 8.7 percent in February as the world's largest oil exporter and its Gulf Arab neighbours lowered interest rates to defend pegs to a tumbling US dollar.

Published 24 Mar, 2008 12:00am

Opposition ready to hold talks over BoJ chief row

Japan's opposition is ready to hold talks with the ruling coalition to end an embarrassing vacancy at the helm of the central bank, a senior official said Sunday. "It is very important" to hold a dialogue, Yukio Hatoyama, secretary general of the Democrat

Published 24 Mar, 2008 12:00am

Indian foreign minister to visit US amid nuclear deadlock

India's foreign minister will visit Washington next week for talks with US leaders, a statement said Saturday, amid uncertainty over a nuclear deal between the two countries.

Published 24 Mar, 2008 12:00am

Japan political deadlock deepens with gas tax feud

Japan's political deadlock deepened on Sunday as ruling and opposition blocs, whose bickering has already left the central bank governor's job empty, clashed over a contentious gasoline tax that expires on March 31.

Published 24 Mar, 2008 12:00am

Bangladesh bumper potato crop may ease price shock

Bangladesh is about to harvest a bumper potato crop, which officials say is likely to partly offset pressure on consumers facing high food prices. Bangladesh's potato production in the current season is likely to rise 35 percent to more than 7 million ton

Published 24 Mar, 2008 12:00am

Afghanistan to privatise national telephone firm

Afghanistan said Sunday it planned to sell up to 80 percent of its telecommunications arm in one of the most ambitious parts of the country's ongoing privatisation programme. Bidders must register their interest in purchasing part of Afghan Telecom by Apr

Published 24 Mar, 2008 12:00am

Saudi Arabia says working to ensure oil supply

Saudi Arabia, the world's largest oil exporter, said on Sunday it was working to expand its oil production and refinery capacity in order to maintain world economic growth.

Published 24 Mar, 2008 12:00am

England bounce back with Sidebottom's best

An inspired spell of precision bowling by Ryan Sidebottom pulled England off the ropes and put them in charge of the third cricket Test against New Zealand as 15 wickets fell here Sunday. After a day of fluctuating fortunes, England reached stumps on the

Published 24 Mar, 2008 12:00am

Soccer team leaves for Kathmandu today

Kaski District Football Association (KDFA) has formed 51-member committee for the upcoming Nepal-Pakistan friendly international clash being held in Pokhara Stadium on 26th and 28th March respectively. Muhammad Essa-led Pakistan national football team wil

Published 24 Mar, 2008 12:00am

Manchester United stroll to 3-0 win over Liverpool

Manchester United, sent on their way by a rare goal from unsettled defender Wes Brown, beat 10-man Liverpool 3-0 at Old Trafford on Sunday to stay firmly in charge in the Premier League. With second-placed Arsenal playing at Chelsea, who are third, in a l

Published 24 Mar, 2008 12:00am

Hamilton keeps calm after costly Malaysian pitstop

Lewis Hamilton's thirst for victory remained unquenched on Sunday after the Formula One championship leader laboured to fifth place in the Malaysian heat.

Published 24 Mar, 2008 12:00am

Ogilvy stretches lead to four with Tiger falling five back

Tiger Woods will need to match the best final-round comeback of his career if the world golf number one is to extend his win streak to eight tournaments in a row.

Published 24 Mar, 2008 12:00am

Swimming: Edington breaks Seebohm's world record

Sophie Edington snatched the world record for 50 metres backstroke at the Australian Olympic trials on Sunday while the previous holder watched from the stands after electing to skip the race.

Published 24 Mar, 2008 12:00am

Sri Lanka tour of Pakistan hits IPL roadblock

Sri Lanka's proposed series of one-day internationals against Pakistan next month is in jeopardy due to a clash of dates with the cash-rich Indian Premier League. Sri Lanka had offered to play in the short series following a pull-out by Australia from a f

Published 24 Mar, 2008 12:00am

Stunned Federer applauds inspired Fish

Roger Federer paid tribute to Mardy Fish's performance after being swept aside 6-3 6-2 by the unseeded American in the Pacific Life Open semi-finals on Saturday. The Swiss world number one, who had not dropped a set in his three previous matches at Indian

Published 24 Mar, 2008 12:00am

Olympic flame sparks call to protest action

The lighting of the Beijing Olympic flame in Greece on Monday will trigger a new wave of protests against Chinese authorities over Tibet and other issues, according to activists.

Published 24 Mar, 2008 12:00am

'England and Australia fear India's importance'

England and Australia cannot come to terms with India's growing importance in world cricket, according to Sunil Gavaskar, the International Cricket Council's cricket committee chief.

Published 24 Mar, 2008 12:00am

Morgan Stanley sees opportunity in turmoil

Morgan Stanley faces major challenges in the near term, yet Chief Financial Officer Colm Kelleher said the bank has trimmed its exposure to risky assets, bulked up on cash and now intends to take advantage of opportunities created by market turmoil.

Published 24 Mar, 2008 12:00am

BHP to face growing pressure to raise Rio offer anew

Pressure on miner BHP Billiton to lift its offer for rival Rio Tinto is likely to intensify as Rio's profits grow, its big Chinese shareholder mulls buying more shares and disposals reap healthy returns.

Published 24 Mar, 2008 12:00am

BHP to face growing pressure to raise Rio offer anew

Published 24 Mar, 2008 12:00am

Russian newspapers see conspiracy behind raids on BP

Raids on the offices of British oil giant BP in Moscow on March 21 were conducted by secret service agents and may be part of a looming "redistribution" of oil assets in Russia, newspapers said.

Published 24 Mar, 2008 12:00am

Dubai's ICD suspends take-over bid for Spain's Colonial

The Investment Corporation of Dubai said on March 20 it has suspended its bid for troubled Spanish property group Colonial, saying the conditions for the sale have not been fulfilled.

Published 24 Mar, 2008 12:00am

Dubai's ICD suspends take-over bid for Spain's Colonial

The Investment Corporation of Dubai said on March 20 it has suspended its bid for troubled Spanish property group Colonial, saying the conditions for the sale have not been fulfilled.

Published 24 Mar, 2008 12:00am

Chinese firms struggle as state support flags

Soaring costs are squeezing Chinese companies, but pleas from executives for government relief are falling mostly on deaf ears. As Beijing tempers the push for export-driven growth with concern for long-neglected worker rights and environmental protection

Published 24 Mar, 2008 12:00am

India MRPL to shut 120,000 barrels a day crude unit

India's Mangalore Refinery and Petrochemicals Ltd (MRPL) plans to shut a 120,000 barrels a day crude distillation unit (CDU) for a week from end-March for planned maintenance, its managing director said on March 20.

Published 24 Mar, 2008 12:00am

Nasdaq OMX sees fee compression in Europe

Nasdaq OMX Group Inc is to offer a 90 percent discount on equities trading fees when it launches a pan-European market in September, its first move to rival European peers after a $4.5 billion merger last month.

Published 24 Mar, 2008 12:00am

Take-over talk taunts once unassailable UBS

The idea of a bid for Swiss bank UBS AG was unthinkable a year ago. But with its shares hovering near 10-year lows and facing persistent fears it may have to write down billions of dollars on subprime exposures, talk of a take-over is no longer taboo.

Published 24 Mar, 2008 12:00am

IN SHORT: dutch daily introduces e-reader subscription

Dutch quality newspaper NRC Handelsblad is the first Dutch daily to release its entire newspaper electronically. Subscribers to the e-paper can now download the entire newspaper daily from 3 pm onwards, within 20 seconds via a WiFi-connection. The newspap

Published 24 Mar, 2008 12:00am

Microsoft and HP to set up research centre in Taiwan

Microsoft said on Thursday it had joined Hewlett-Packard to set up a research and development centre in Taiwan and tap the island's strength in information technology. Taiwan's IT industry is its biggest earner and largest exporter, last year bringing in

Published 24 Mar, 2008 12:00am

Microsoft move to 'threaten net'

Any deal between Yahoo and Microsoft could be "bad for the Internet", according to the head of Google. Chief Executive Eric Schmidt said that Google was "concerned" about a deal, and said it could have implications for the "openness" of the Internet, BBC

Published 24 Mar, 2008 12:00am

Emirates first to offer inflight mobile calls

Dubai-based Emirates airlines said on Thursday it has become the first carrier in the world to commercially launch an in-flight mobile telephone service. It said the first authorised mobile telephone call made from a commercial flight was made on Thursday

Published 24 Mar, 2008 12:00am

Apple weighing unlimited music move

Apple is negotiating with major record companies over an unlimited music access option for its iPod and iPhone customers in return for a percentage of the devices' purchase price, The Financial Times reported on Wednesday.

Published 24 Mar, 2008 12:00am

Message from Chairman (NZ) Pakistan Leather Garments Manufacturers & Exporters Association

On this auspicious occasion, I extend my behalf and on behalf of Members of the Association our heartiest felicitation, on you being honoured with the SITARA-E-0IMTIAZ. This honour bestowed upon you is no doubt a result of your competency and determinatio

Published 24 Mar, 2008 12:00am

Real democratic era begins: Musharraf

Embattled President Pervez Musharraf Sunday said that a real democratic era had begun in his country following elections and he would give full support to the new government.

Published 24 Mar, 2008 12:00am

Real democratic era begins: Musharraf

Embattled President Pervez Musharraf Sunday said that a real democratic era had begun in his country following elections and he would give full support to the new government.

Published 24 Mar, 2008 12:00am

Rabbani resigns as leader of opposition in Senate

Senator Raza Rabbani on Sunday resigned as leader of the opposition in Senate to pave way for opposition parties to nominate leader of the opposition of their choice in the changed scenario.

Published 24 Mar, 2008 12:00am

Rabbani resigns as leader of opposition in Senate

Senator Raza Rabbani on Sunday resigned as leader of the opposition in Senate to pave way for opposition parties to nominate leader of the opposition of their choice in the changed scenario.

Published 24 Mar, 2008 12:00am

Pakistan losing ground to India and Iran: Chabahar port at more advanced stage than Gwadar

Pakistan is losing ground to India and Iran as the two countries are quite at an advanced stage in developing the infrastructure in and around the Iranian port Chabahar, which can compete with Pakistan''s Gwadar port in accessing the landlocked Central As

Published 24 Mar, 2008 12:00am

Pakistan losing ground to India and Iran: Chabahar port at more advanced stage than Gwadar

Pakistan is losing ground to India and Iran as the two countries are quite at an advanced stage in developing the infrastructure in and around the Iranian port Chabahar, which can compete with Pakistan's Gwadar port in accessing the landlocked Central Asi

Published 24 Mar, 2008 12:00am

Pakistan losing ground to India and Iran: Chabahar port at more advanced stage than Gwadar

Pakistan is losing ground to India and Iran as the two countries are quite at an advanced stage in developing the infrastructure in and around the Iranian port Chabahar, which can compete with Pakistan's Gwadar port in accessing the landlocked Central Asi

Published 24 Mar, 2008 12:00am

Fighter jets sale in Asia: US, Russia and China in fierce battle

The United States is bracing for tough competition from Russia and China as cash-flush Asian economies look up to the trio for a new breed of fighter jets to beef up their air forces, experts say.

Published 24 Mar, 2008 12:00am

Fighter jets sale in Asia: US, Russia and China in fierce battle

The United States is bracing for tough competition from Russia and China as cash-flush Asian economies look up to the trio for a new breed of fighter jets to beef up their air forces, experts say.

Published 24 Mar, 2008 12:00am

Two killed as dozens of Nato oil tankers destroyed

Dozens of tankers carrying oil for Nato forces were destroyed on Sunday in a bomb blast targeting a border crossing where they awaited clearance to enter Afghanistan, officials said.

Published 24 Mar, 2008 12:00am

Two killed as dozens of Nato oil tankers destroyed

Dozens of tankers carrying oil for Nato forces were destroyed on Sunday in a bomb blast targeting a border crossing where they awaited clearance to enter Afghanistan, officials said.

Published 24 Mar, 2008 12:00am

Customs seize 14 tons of heroin processing chemical: ANF forcibly takes away container

Pakistan Customs seized 14 tons of Acetic Anhydride - chemical used for processing of heroin - at Karachi Port on Sunday.

Published 24 Mar, 2008 12:00am

Customs seize 14 tons of heroin processing chemical: ANF forcibly takes away container

Pakistan Customs seized 14 tons of Acetic Anhydride - chemical used for processing of heroin - at Karachi Port on Sunday.

Published 24 Mar, 2008 12:00am

Pakistan considering joining Nato forces

Pakistan is mulling to join Nato forces, engaged in Afghanistan, by associating its regular army officers in the name of Liaison Officers for which formal talks are expected shortly, sources told Business Recorder.

Published 24 Mar, 2008 12:00am

Pakistan considering joining Nato forces

Published 24 Mar, 2008 12:00am

The Weather

The weather report on Sunday (March 23, 2008) and the forecast for Monday (March 24, 2008).

Published 24 Mar, 2008 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (July To December 2007)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 24 Mar, 2008 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 17 to 22, 2008).

Published 24 Mar, 2008 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (24th March 2008).

Published 24 Mar, 2008 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (24th March 2008).

Published 24 Mar, 2008 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (24th March 2008).

Published 24 Mar, 2008 12:00am

Energy:-KOHINOOR ENERGY LIMITED - Analysis of Financial Statements Financial Year 2002-2001 H 2007

Oil sector profitability in 2008: The overall oil sector profitability grew by 39.3% in HY08 to Rs 52.4 billion as compared to Rs 37.6 billion during HY07 due to escalating international oil prices that helped refineries in boosting their gross ref

Published 24 Mar, 2008 12:00am

Energy:-KOHINOOR ENERGY LIMITED - Analysis of Financial Statements Financial Year 2002-2001 H 2007

Published 24 Mar, 2008 12:00am

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (March 23, 2008).

Published 24 Mar, 2008 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Mar, 2008 12:00am

Partly Facetious: who is to blame for 'the miracle'?

"So the question whose fault the current economic crisis is, comes as it does in the wake of the economic miracle we were experiencing?"

Published 24 Mar, 2008 12:00am

Rover's Diary: put right foot on reform accelerator

Each of the two coalition major partners - PPP and PML (N) - had their good and bad economic policies in their previous two incarnations. Today, when in Asif Zardari's words, they have to 'sink and swim together,' they will have to learn from their past m

Published 24 Mar, 2008 12:00am

PROFILE: Haji Muhammad Ashraf Khokhar, Founder

Alhaj Muhammad Ashraf Khokhar planted the seed of Ashraf Industries in 1969 with the wish to manufacture various garments. This was the first factory of its kind in Industrial Estate in Edition to four factories which were manufacturing sports goods. Ashr

Published 24 Mar, 2008 12:00am

PROFILE: Ijaz A. Khokhar, Managing Director

Sialkot is the soil which has produced remarkable and renowned personalities in the all fields of life including poetry, sports, politics and industry. Government of Pakistan has awarded the Sialkot with Hilal-e-Istiqlal for their bravery and patriotism d

Published 24 Mar, 2008 12:00am

Mobile phone sales hit new record in Japan

Sales of mobile telephones hit a new record of 52.3 million handsets last year in Japan as customers were pulled in by increasingly advanced features, a research firm said on Tuesday. The study by Gartner Japan also found that 105 million people were usin

Published 24 Mar, 2008 12:00am

Curbing soot could blunt global warming: study

Sharply reducing the amount of black carbon - commonly known as soot - in the atmosphere could help slow global warming and buy precious time in the long-term fight against climate change, according to a study released on March 23.

Published 24 Mar, 2008 12:00am

World Kidney Day failed to make a mark among masses

World Kidney Day was observed throughout Pakistan last week to bring home the miseries of kidney patients and the need for medical attention toward this killer ailment. The coverage of this event was prominent in English newspapers only, whereas, the elec

Published 24 Mar, 2008 12:00am

Vegetables tied to lower breast cancer risk

Cruciferous vegetables may help lower the risk of developing breast cancer, particularly for women who carry a particular gene variant linked to the disease, a new study suggests.

Published 24 Mar, 2008 12:00am

Some people may transmit weaker AIDS virus

People with a genetic variation that slows down HIV may also be causing a mutation to the AIDS virus that makes it less potent if transmitted to others, researchers said on March 21. The human immunodeficiency virus that causes AIDS attacks immune system

Published 24 Mar, 2008 12:00am

Scientists seek climate clues on Antarctic voyage

Scientists set off on a voyage to Antarctica on March 22 to see if the icesheets at the edge of the vast continent are melting faster and whether the Southern Ocean is soaking up less climate-warming carbon dioxide.

Published 24 Mar, 2008 12:00am

Asia mobile phones sales to exceed 400 million

Mobile phone sales in the Asia Pacific region excluding Japan is expected to grow an annual 10 percent to more than 400 million units in 2008, fuelled by China and India, an industry report said on Wednesday. Mobile phone sales in 2007 totalled 366 millio

Published 24 Mar, 2008 12:00am

Nearly half of Japanese bathe with cellphones

Hi-tech mobile phones and leisurely baths are well-known passions of the Japanese - and apparently they're not mutually exclusive. A survey released on Monday showed that 41.2 percent of people in the country have at least once taken their mobile phones t

Published 24 Mar, 2008 12:00am

More effort needed to boost broadband use

The European Union (EU) executive body sees increasing the use of broadband as key to boosting competition in the retail sector, offering consumers more choice and driving down prices.

Published 24 Mar, 2008 12:00am

Google sees surge in Web use on mobile phones

Google Inc has seen an acceleration of Internet activity among mobile phone users in recent months since the company has introduced faster Web services on selected phone models, fuelling confidence the mobile Internet era is at hand, the company said on T

Published 24 Mar, 2008 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 14	280.68
USD PKR Interbank Buying / Apr 14	280.48
USD to Japanese Yen / Apr 14	142.49
USD to Swiss Franc / Apr 14	0.81
Pound Sterling to USD / Apr 14	1.32
Euro to USD / Apr 14	1.14
UK LIBOR % / Apr 11	4.96

Stock	Volume
S&P 500 / Apr 11	5,363.36
India Sensex / Apr 11	75,157.26
Nasdaq / Apr 11	16,724.46
Dow Jones / Apr 11	40,212.71
Tokyo Nikkei / Apr 14	33,982.36
Hang Seng / Apr 14	21,367.90
FTSE 100 / Apr 14	8,113.87
Germany DAX 30 / Apr 14	20,831.83
France CAC40 / Apr 14	7,259.65

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 11	16,785
Gold 10 Grams PKR / Apr 11	290,466
Crude Oil USD/Barrel / Apr 14	61.28
Gold Spot USD/Ounce / Apr 14	3,229.53
Cotton US¢/pound / Apr 14	67.08
Petrol/Litre / Apr 15	254.63
Diesel/Litre / Apr 15	258.64

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 14 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.84 ▲ 0.99 (12.61%)
Ruby Textile / Apr 14 Ruby Textile Mills Limited(RUBY)	7.80 ▲ 0.86 (12.39%)
Tariq Corporation / Apr 14 Tariq Corporation Limited(TCORP)	14.69 ▲ 1.34 (10.04%)
Secure Logistics / Apr 14 Secure Logistics Group Limited(SLGL)	14.83 ▲ 1.35 (10.01%)
Engro Powergen / Apr 14 Engro Powergen Qadirpur Limited(EPQL)	35.27 ▲ 3.21 (10.01%)
Dandot Cement / Apr 14 Dandot Cement Company Limited(DNCC)	15.29 ▲ 1.39 (10%)
Bawany Air Products / Apr 14 Bawany Air Products Limited(BAPL)	31.80 ▲ 2.89 (10%)
J.K.Spinning / Apr 14 J.K. Spinning Mills Limited(JKSM)	64.35 ▲ 5.85 (10%)
PIA Holding Co.B / Apr 14 PIA Holding Company Limited B(PIAHCLB)	1,462.40 ▲ 132.95 (10%)
Frontier Ceram / Apr 14 Frontier Ceramics Limited(FRCL)	27.50 ▲ 2.5 (10%)

Stock	Price
Habib Ins. / Apr 14 Habib Insurance Company Limited(HICL)	7.95 ▼ -1.26 (-13.68%)
Oilboy Energy(R) / Apr 14 Oilboy Energy Limited(R)(OBOYR2)	1.62 ▼ -0.24 (-12.9%)
Fateh Ind. / Apr 14 Fateh Industries Limited(FIL)	119.56 ▼ -13.27 (-9.99%)
Sindh Abadgar / Apr 14 Sindh Abadgar's Sugar Mills Limited(SASML)	52.50 ▼ -5.83 (-9.99%)
TPL Life Insur. / Apr 14 TPL Life Insurance Limited(TPLL)	49.35 ▼ -5.46 (-9.96%)
Hafiz Ltd. / Apr 14 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Baba Farid Sugar / Apr 14 Baba Farid Sugar Mills Limited(BAFS)	53 ▼ -5.43 (-9.29%)
Mughal Energy / Apr 14 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
First Elite Cap.Mod / Apr 14 First Elite Capital Modaraba(FECM)	16 ▼ -1.59 (-9.04%)
Shahzad Tex. / Apr 14 Shahzad Textile Mills Limited(SZTM)	27.26 ▼ -2.61 (-8.74%)

Stock	Volume
Cnergyico PK / Apr 14 Cnergyico PK Limited(CNERGY)	54,444,707 ▲ 0.23
Pak Int.Bulk / Apr 14 Pakistan International Bulk Terminal(PIBTL)	45,023,605 ▲ 0.5
Pak Elektron / Apr 14 Pak Elektron Limited(PAEL)	40,742,036 ▼ -0.01
Sui South Gas / Apr 14 Sui Southern Gas Company Limited(SSGC)	38,084,018 ▲ 2.37
B.O.Punjab / Apr 14 The Bank of Punjab(BOP)	33,174,212 ▲ 0.16
Citi Pharma Ltd / Apr 14 Citi Pharma Limited(CPHL)	25,349,324 ▲ 1.66
WorldCall Telecom / Apr 14 Worldcall Telecom Limited(WTL)	15,776,896 ▲ 0.02
Power Cement / Apr 14 Power Cement Limited(POWER)	14,852,543 ▼ -0.08
Dewan Cement / Apr 14 Dewan Cement Limited(DCL)	14,486,660 ▲ 0.86
K-Electric Ltd. / Apr 14 K-Electric Limited(KEL)	13,484,387 ▼ -0.04

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular