AIRLINK 177.00 Increased By ▲ 2.40 (1.37%)
BOP 12.81 Increased By ▲ 0.29 (2.32%)
CNERGY 7.49 Increased By ▲ 0.16 (2.18%)
FCCL 42.02 Increased By ▲ 2.09 (5.23%)
FFL 14.84 Increased By ▲ 0.16 (1.09%)
FLYNG 27.70 Decreased By ▼ -0.13 (-0.47%)
HUBC 134.51 Increased By ▲ 0.88 (0.66%)
HUMNL 12.96 Decreased By ▼ -0.01 (-0.08%)
KEL 4.44 Increased By ▲ 0.07 (1.6%)
KOSM 6.06 Increased By ▲ 0.05 (0.83%)
MLCF 54.51 Increased By ▲ 1.32 (2.48%)
OGDC 222.58 Increased By ▲ 9.67 (4.54%)
PACE 6.03 Increased By ▲ 0.03 (0.5%)
PAEL 41.30 Increased By ▲ 0.20 (0.49%)
PIAHCLA 15.62 Increased By ▲ 0.11 (0.71%)
PIBTL 10.06 Increased By ▲ 0.48 (5.01%)
POWER 11.17 Increased By ▲ 0.23 (2.1%)
PPL 183.99 Increased By ▲ 12.88 (7.53%)
PRL 34.31 Increased By ▲ 0.98 (2.94%)
PTC 23.34 Increased By ▲ 0.32 (1.39%)
SEARL 91.07 Decreased By ▼ -0.30 (-0.33%)
SILK 1.11 No Change ▼ 0.00 (0%)
SSGC 33.98 Increased By ▲ 1.47 (4.52%)
SYM 15.96 Decreased By ▼ -0.04 (-0.25%)
TELE 7.86 Decreased By ▼ -0.01 (-0.13%)
TPLP 11.01 Increased By ▲ 0.02 (0.18%)
TRG 58.72 Increased By ▲ 0.42 (0.72%)
WAVESAPP 10.79 Decreased By ▼ -0.30 (-2.71%)
WTL 1.36 Increased By ▲ 0.02 (1.49%)
YOUW 3.81 Increased By ▲ 0.02 (0.53%)
BR100 12,023 Increased By 222.2 (1.88%)
BR30 36,605 Increased By 1166.7 (3.29%)
KSE100 113,713 Increased By 1459.4 (1.3%)
KSE30 35,302 Increased By 517.9 (1.49%)
Mar 07, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-04-21
ING to expand China insurance network

ING to expand China insurance network

Dutch financial services group ING Group NV aims to open 50 new insurance branches in China in the next three years as part of an aggressive expansion plan in the country, an executive said.
Published 21 Apr, 2008 12:00am
Is the Fed really blameless?

Is the Fed really blameless?

Until early 2007, Alan Greenspan was Chairman of the US Federal Reserve Bank. His tenure - 18 years - was among the longest for any Fed Chairman. But by the time he left, the US economy sank into a recession that now seems worse than the one following the
Published 21 Apr, 2008 12:00am
Rover's Diary: taming the market economy with a welfare baton

Rover's Diary: taming the market economy with a welfare baton

For a Pakistani enamoured with India's on-going economic boom, the consolation prize of a visit to India is that prices of most of the food and petroleum products are higher than Pakistan's. On the other hand, when compared in dollar terms the minimum wag
Published 21 Apr, 2008 12:00am
TV talk shows

TV talk shows

The surge in TV Channels and their liberalisation has prompted most of the TV Channels to arrange talk shows, which is in-expensive as everyday you find some new face commenting on past and present performance of the government, whilst some may have clues
Published 21 Apr, 2008 12:00am
Rice praises Iraq unity as cleric threatens war

Rice praises Iraq unity as cleric threatens war

US Secretary of State Condoleeza Rice in a surprise visit to Baghdad on Sunday said Iraqi leaders were more united than ever, as Shiite cleric Moqtada al-Sadr warned of a war against the government.
Published 21 Apr, 2008 12:00am
Clinton running out of time: Obama camp

Clinton running out of time: Obama camp

Barack Obama's camp warned Sunday Hillary Clinton was running out of "real estate" in her quest to deprive him of the Democratic presidential nomination, as their next voting showdown loomed.
Published 21 Apr, 2008 12:00am
Zimbabwe sees fresh vote delay as violence rises

Zimbabwe sees fresh vote delay as violence rises

Zimbabwe announced a delay in the partial recount of its disputed March 29 election on Sunday, extending a political deadlock in which the opposition says 10 of its members have been killed and hundreds arrested.
Published 21 Apr, 2008 12:00am
Deadly Israeli raids follow daring Gaza crossing attack

Deadly Israeli raids follow daring Gaza crossing attack

Israeli forces carried out deadly air strikes across the Gaza Strip on Sunday. Overnight air raids killed six Palestinian fighters, all members of Hamas, the Islamist movement that violently seized Gaza last year and that refuses to recognise Israel's rig
Published 21 Apr, 2008 12:00am
US shows 'Iranophobia' over Iraq: Iran

US shows 'Iranophobia' over Iraq: Iran

Iran accused US Secretary of State Condoleezza Rice of "Iranophobia" on Sunday for trying to blame Tehran for Iraq's security problems. Rice said last week she would press Iraq's Arab neighbours at a meeting on Tuesday in Kuwait to do more to support Bagh
Published 21 Apr, 2008 12:00am
Taliban urge UN to block Afghan executions

Taliban urge UN to block Afghan executions

Taliban insurgents urged the international community and right groups to stop Afghan President Hamid Karzai approving the execution of about 100 prisoners whose death sentences were approved by the supreme court.
Published 21 Apr, 2008 12:00am
Child among several dead

Child among several dead

An Afghan child was killed in a militant rocket attack on an army base in eastern Afghanistan Sunday, police said, as six Taliban and a police officer died in the country's south. Two other children were injured in the rocket attack on a US-run military o
Published 21 Apr, 2008 12:00am
20 killed in Baghdad

20 killed in Baghdad

Twenty militia fighters were killed in clashes with US forces overnight during the "hottest night" in weeks, after cleric Moqtada al-Sadr threatened to declare open war, a US military spokesman said.
Published 21 Apr, 2008 12:00am
Sri Lankan government accused of killing priest

Sri Lankan government accused of killing priest

Sri Lankan forces Sunday killed a Roman Catholic priest inside rebel-held territory, Tiger guerrillas said as the defence ministry reported 16 more deaths in fresh violence.
Published 21 Apr, 2008 12:00am
Tokyo investors unsure of enough positive leads

Tokyo investors unsure of enough positive leads

Japanese investors are bracing for the start of the annual earning results season amid jitters about the profit outlook due to slowing economic growth and a stronger yen, dealers said on Friday.
Published 21 Apr, 2008 12:00am
Jakarta shares set to be volatile: dealer

Jakarta shares set to be volatile: dealer

Indonesian share prices are expected to remain volatile next week amid rising commodity and oil prices and interest rate concerns, a dealer said Friday. "The oil and commodities price spike would give a bad impact on next week's index," Dongsuh Kolibindo
Published 21 Apr, 2008 12:00am
Turkmenistan strengthens currency

Turkmenistan strengthens currency

Turkmenistan's reclusive regime on Saturday announced a strengthening of the country's currency, confirming rumours that caused a run on the dollar in recent days. The government cut the official price of the US dollar from 20,000 manat to 17,600 manat, t
Published 21 Apr, 2008 12:00am
Thailand shares set to rise

Thailand shares set to rise

Thai share prices are likely to rise as investors are pinning their hopes on positive earnings reports from banks and other companies, a dealer said Friday. "Investors are looking ahead to the earning reports from banks, that will come out next week," sai
Published 21 Apr, 2008 12:00am
Seoul shares likely to undergo correction

Seoul shares likely to undergo correction

South Korea's stock market is expected to undergo a correction in the coming week on profit taking, an analyst said Friday. "I expect profit-taking next week following weeks of gains, with no positive elements that will help the market maintain its growth
Published 21 Apr, 2008 12:00am
Australian shares likely to rise

Australian shares likely to rise

The Australian share market is likely to rise as the market takes a cautiously optimistic approach that the worst of the global credit crunch may be over, dealers said Friday. For the week ending April 18 the benchmark S&P/ASX 200 index fell 9.6 points or
Published 21 Apr, 2008 12:00am
Taiwan shares to encounter resistance

Taiwan shares to encounter resistance

Taiwan share prices are expected to encounter resistance as foreign investors remain sidelined ahead of results from the electronics sector, a dealer said on Friday. Experts say market sentiment has turned cautious amid concerns that a rising Taiwan dolla
Published 21 Apr, 2008 12:00am
Wall Street faces another week of earnings season

Wall Street faces another week of earnings season

Wall Street faces another week of earnings reports on the upbeat after a wave of bright corporate news dissipated some of the gloom from the ongoing financial turmoil.
Published 21 Apr, 2008 12:00am
Hong Kong shares to remain volatile

Hong Kong shares to remain volatile

Hong Kong share prices will remain sensitive to the twists and turns on Wall Street next week, but fragile confidence is starting to show signs of improvement, dealers said. For the week to April 18, the Hang Seng index closed at 24,197.78, losing 470 poi
Published 21 Apr, 2008 12:00am
Singapore shares to track overseas news flow

Singapore shares to track overseas news flow

Singapore share prices are expected to track newsflow from the US and overseas market performance next week, a dealer said Friday. Singapore stocks will be "featureless... unless there is anything new from the overseas markets," said Chan Tuck Sing, deali
Published 21 Apr, 2008 12:00am
Asian currencies mixed against dollar

Asian currencies mixed against dollar

Key Asian currencies ended the week mixed against the dollar following US earnings reports in line with expectations amid the global credit crunch.
Published 21 Apr, 2008 12:00am
JGB futures hit six-week low, stung by Nikkei gains

JGB futures hit six-week low, stung by Nikkei gains

Japanese government bond futures fell to a six-week low on Friday, stung by a fourth day of gains in Tokyo shares that spurred more selling of safe-haven debt. Traders said futures led the decline in the overall market, as more chart support levels were b
Published 21 Apr, 2008 12:00am
JGB futures hit six-week low, stung by Nikkei gains

JGB futures hit six-week low, stung by Nikkei gains

Japanese government bond futures fell to a six-week low on Friday, stung by a fourth day of gains in Tokyo shares that spurred more selling of safe-haven debt. Traders said futures led the decline in the overall market, as more chart support levels were b
Published 21 Apr, 2008 12:00am
Stocks to set tone for dollar next week

Stocks to set tone for dollar next week

Signs of renewed confidence in the US financial system could support the dollar next week, provided March's housing reports do not show sharp falls and revive the chances of a steep interest rate cut this month.
Published 21 Apr, 2008 12:00am
Philippines market expected to follow Wall Street

Philippines market expected to follow Wall Street

Philippines share prices are likely to follow Wall Street's lead in the coming week with investors awaiting the US Federal Reserve's action on interest rates, dealers said Friday.
Published 21 Apr, 2008 12:00am
Biofuels won't solve world energy problem: Shell

Biofuels won't solve world energy problem: Shell

Biofuels will not solve the world's energy problem, the chief executive of Royal Dutch Shell said on Sunday, amid growing criticism of their environmental and social benefits.
Published 21 Apr, 2008 12:00am
Shell and Qatar to supply LNG to Dubai from 2010

Shell and Qatar to supply LNG to Dubai from 2010

Royal Dutch Shell and Qatar Gas plan to begin supplying liquefied natural gas (LNG) to Dubai in the peak demand summer period from 2010 after signing deals with the emirate, a Shell executive said on Sunday.
Published 21 Apr, 2008 12:00am
Bank of England to detail mortgage plan today

Bank of England to detail mortgage plan today

The Bank of England will unveil on Monday a plan to swap government bonds for commercial banks' mortgage debt in an effort to unblock the home loan market and ease the effects of the credit crunch on consumers.
Published 21 Apr, 2008 12:00am
Mercedes aims to overtake BMW in China: Zetsche

Mercedes aims to overtake BMW in China: Zetsche

Mercedes Benz launched the GLK small SUV in the Chinese market on Sunday, and its head, Daimler Chief Executive Dieter Zetsche, said he was convinced the group would overtake German rival BMW in the fast-growing market.
Published 21 Apr, 2008 12:00am
Oil majors forced to accept tough terms

Oil majors forced to accept tough terms

From Iraq to Ecuador, international oil companies have swallowed their pride and agreed to contract terms they would have walked away from a few years ago.
Published 21 Apr, 2008 12:00am
No need for Opec to raise output now: president

No need for Opec to raise output now: president

Opec president Chakib Khelil said on Sunday that the oil-producer cartel should not increase output now because the market was well-balanced. "There is no need for Opec to raise its production now.
Published 21 Apr, 2008 12:00am
For Yahoo, clock ticks down to Microsoft deadline

For Yahoo, clock ticks down to Microsoft deadline

Yahoo Inc faces a critical week that could decide whether the pioneering Web company can remain independent or must surrender to an unsolicited take-over by Microsoft Corp
Published 21 Apr, 2008 12:00am
India's inflation fight not over: analysts

India's inflation fight not over: analysts

India's battle against spiralling inflation is not over yet, but more monetary tightening could put the brakes on growth in Asia's third-largest economy, analysts have warned.
Published 21 Apr, 2008 12:00am
Nissan chief executive holds to US industry forecast

Nissan chief executive holds to US industry forecast

Nissan Motor Co chief executive Carlos Ghosn said on Sunday that he was not revising down his forecast for 2008 US industry vehicle sales of 15.5 million units. Recent industry forecasts have projected the US total industry volume might fall to as low as
Published 21 Apr, 2008 12:00am
Nissan chief executive holds to US industry forecast

Nissan chief executive holds to US industry forecast

Nissan Motor Co chief executive Carlos Ghosn said on Sunday that he was not revising down his forecast for 2008 US industry vehicle sales of 15.5 million units. Recent industry forecasts have projected the US total industry volume might fall to as low as
Published 21 Apr, 2008 12:00am
Patrick becomes first woman IndyCar winner

Patrick becomes first woman IndyCar winner

Danica Patrick made history on Sunday as the first ever female Indy Car winner, taking the Indy Japan 300 race in her 50th start in the series. The American covered 200 laps over the 1.52-mile (2.5-kilometre) Twin Ring Motegi oval in one hour 51 minutes 0
Published 21 Apr, 2008 12:00am
Nakamura wins second Olympic berth

Nakamura wins second Olympic berth

Athens Olympic bronze medallist Reiko Nakamura clinched her second ticket to the Beijing Olympics when she won the women's 200-metre backstroke at the Japan national swimming championships on Sunday.
Published 21 Apr, 2008 12:00am
Federer breaks title drought with Estoril win

Federer breaks title drought with Estoril win

Roger Federer won his first title of the season on Sunday when he clinched the Estoril Open with a 7-6 (7/5), 1-2 win over Nikolay Davydenko who was forced to retire with a leg injury in the second set.
Published 21 Apr, 2008 12:00am
Kirilenko doubles up to take another title

Kirilenko doubles up to take another title

Russian Maria Kirilenko became the first player in the Estoril Open's history to win both women's singles and doubles titles here on Sunday when she beat Czech Iveta Benesova 6-4, 6-2.
Published 21 Apr, 2008 12:00am
Blake books berth in US Clay Court final

Blake books berth in US Clay Court final

Top-seeded American James Blake booked his berth in the final of the US Men's Clay Court Championship Saturday with a straight-sets victory over eighth-seeded Oscar Hernandez. Blake, 28, defeated the Spaniard 6-3, 7-6 (7/3) to give himself a chance to add
Published 21 Apr, 2008 12:00am
Hosts China draw Brazil but avoid Argentina and Italy

Hosts China draw Brazil but avoid Argentina and Italy

Hosts China were drawn alongside Brazil in the men's Olympic football tournament Sunday but avoided defending champions Argentina and European powerhouse Italy. Also in Group C with China are former champions Belgium and Nigeria.
Published 21 Apr, 2008 12:00am
Serena reaches third final in a row

Serena reaches third final in a row

Former world number one Serena Williams moved a step closer to a third straight WTA Tour title here Saturday with a semi-final victory at the Family Circle Cup. Williams, the fifth seed, defeated unseeded Frenchwoman Alize Cornet 7-5, 6-3 to reach the tit
Published 21 Apr, 2008 12:00am
McGrane wins China Open for first European Tour title

McGrane wins China Open for first European Tour title

Ireland's Damien McGrane won the China Open by nine strokes on Sunday to clinch his first European Tour title. McGrane, who carried a three-stroke lead into the final day, held firm where others succumbed to the wet conditions, firing a one-over 73 to fin
Published 21 Apr, 2008 12:00am
Owen's derby double shoots down Sunderland

Owen's derby double shoots down Sunderland

The resurgent Michael Owen scored both goals as Newcastle United beat bitter rivals Sunderland 2-0 in a keenly-fought north-east derby at St James's Park here on Sunday.
Published 21 Apr, 2008 12:00am
Kaka keeps Milan in Champions League hunt

Kaka keeps Milan in Champions League hunt

World player of the year Kaka scored a hat-trick as AC Milan beat lowly Reggina 5-1 at the San Siro on Sunday to keep alive their Champions League qualification hopes.
Published 21 Apr, 2008 12:00am
ECB confirm India Tests

ECB confirm India Tests

England will play four Tests against India when they host the series in 2011, the England and Wales Cricket Board announced on Sunday. The ECB have reached an agreement with the Board of Control for Cricket in India (BCCI) about the tour series to India i
Published 21 Apr, 2008 12:00am
Mobile devices stoke 'micro-blogging' fervour

Mobile devices stoke 'micro-blogging' fervour

Mobile Internet devices and online communities are merging to a new kind of web diary: "micro-blogging," where people fire off terse missives about what they are doing or thinking at any given moment.
Published 21 Apr, 2008 12:00am
The Weather

The Weather

The weather report on Sunday (April 20, 2008) and the forecast for Monday (April 21, 2008).
Published 21 Apr, 2008 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 14 to 19, 2008).

Published 21 Apr, 2008 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (April 20, 2008).
Published 21 Apr, 2008 12:00am
Pope Benedict XVI makes historic visit to Ground Zero

Pope Benedict XVI makes historic visit to Ground Zero

Pope Benedict XVI Sunday pleaded for an end to sectarian hatreds as he became the first pontiff to pray at Ground Zero, the site where nearly 3,000 people died in the September 11, 2001 attacks.
Published 21 Apr, 2008 12:00am
Sudan census to start amid widespread scepticism

Sudan census to start amid widespread scepticism

Sudan's census, a vital step in the deal that ended decades of civil war in Africa's largest country, will begin on Tuesday but many Sudanese are sceptical results will be accurate and fear they may spark new disputes.
Published 21 Apr, 2008 12:00am
Paraguayans voting for new president in tight race

Paraguayans voting for new president in tight race

Paraguayans went to the polls on Sunday to elect a new president, with a former Roman Catholic bishop seeking to unseat the Colorado Party after more than 60 years of one-party rule.
Published 21 Apr, 2008 12:00am
Niger, hit by Tuareg revolt

Niger, hit by Tuareg revolt

Niger has toughened its anti-terrorism legislation to help its security forces fight a rebellion by Tuareg fighters in the country's uranium-producing north, officials said on Sunday.
Published 21 Apr, 2008 12:00am
Prince William lands helicopter in girlfriend's garden

Prince William lands helicopter in girlfriend's garden

Prince William landed a Royal Air Force helicopter in the garden of the parents of his girlfriend Kate Middleton but the Ministry of Defence defended his actions, saying he achieved essential training objectives.
Published 21 Apr, 2008 12:00am
Elections in Ethiopia

Elections in Ethiopia

Ethiopians cast their ballots in the final round of council and parliamentary elections on Sunday with the ruling party expected to win after two opposition parties quit the race alleging intimidation.
Published 21 Apr, 2008 12:00am
Somali clashes continue

Somali clashes continue

Somali Islamist insurgents and Ethiopian troops exchanged mortar fire on Sunday in some of the heaviest clashes in months with at least 20 people killed in the last 24 hours, residents and witnesses said.
Published 21 Apr, 2008 12:00am
Myanmar arrests keep pressure on 'no' campaign

Myanmar arrests keep pressure on 'no' campaign

Myanmar's junta is intensifying its campaign of intimidation against dissidents, and conducting a propaganda drive, to ensure its new constitution gets passed in a referendum next month, opposition leaders said on Sunday.
Published 21 Apr, 2008 12:00am
Freshening of deep Antarctic waters worries experts

Freshening of deep Antarctic waters worries experts

Scientists studying the icy depths of the sea around Antarctica have detected changes in salinity that could have profound effects on the world's climate and ocean currents.
Published 21 Apr, 2008 12:00am
Gene blockage may help treat childhood cancer

Gene blockage may help treat childhood cancer

Overactivity of a gene called ODC1 is associated with poor survival of neuroblastoma, a common, often fatal cancer seen mostly in young children, according to research presented at the American Association for Cancer Research 2008 meeting in San Diego.
Published 21 Apr, 2008 12:00am
Dental offices may be source of mercury pollution

Dental offices may be source of mercury pollution

Dental practices may be a source of a dangerous form of mercury contamination in the water supply, a small study suggests. In tests of wastewater from two dental practices, researchers at the University of Illinois found high levels of methylated mercury
Published 21 Apr, 2008 12:00am
Computer feedback can help with lung disease

Computer feedback can help with lung disease

A computer feedback system can help patients with chronic obstructive pulmonary disease (COPD) breathe better and improve their exercise capacity, according to a report in the American Journal of Respiratory and Critical Care Medicine.
Published 21 Apr, 2008 12:00am
Oceans absorbing less CO2 may have 1,500 year impact

Oceans absorbing less CO2 may have 1,500 year impact

Global oceans are soaking up less carbon dioxide, a development that could speed up the greenhouse effect and have an impact for the next 1,500 years, scientists said on April 16.
Published 21 Apr, 2008 12:00am
Mediterranean tsunami warning system set for 2011

Mediterranean tsunami warning system set for 2011

Scientists are developing a tsunami warning system for the Mediterranean region which they said should be ready in 2011 and could save thousands of lives. The 40-50 million euro ($63.32 million) project started three years ago, shortly after the December
Published 21 Apr, 2008 12:00am
Vitamin D found to guard against artery disease

Vitamin D found to guard against artery disease

Vitamin D may protect against an artery disease in which fatty deposits restrict blood flow to the limbs, researchers said. Scientists at the Albert Einstein College of Medicine of Yeshiva University in New York found that people with low levels of vitami
Published 21 Apr, 2008 12:00am
Diabetic eye disease may predict heart failure

Diabetic eye disease may predict heart failure

In people with diabetes, a common eye condition called retinopathy more than doubles their risk of developing heart failure, new research suggests. Diabetic retinopathy is the most common cause of blindness among working-aged Americans. The disease, which
Published 21 Apr, 2008 12:00am
Climate change impact: ADB to analyse six Asian cities

Climate change impact: ADB to analyse six Asian cities

Asian Development Bank (ADB) has announced to prepare a future action plan for analysing the climate condition for six coastal cities including Karachi, where a rise in coastal water temperature will exacerbate the toxicity of cholera and increase endemic
Published 21 Apr, 2008 12:00am
Global campaign may eradicate online porn

Global campaign may eradicate online porn

The number of Internet websites hosting child pornography has fallen for the first time and a co-ordinated international response could eradicate them for good, a charity said on Thursday.
Published 21 Apr, 2008 12:00am
IN SHORT: Iceland, Scandinavia, Europe's top Internet users

IN SHORT: Iceland, Scandinavia, Europe's top Internet users

Icelanders and the Scandinavians are Europe's top Internet users, the GfK market research group found in a study published on Monday. In Iceland, an estimated 88 percent of the population aged 14 and above use the Internet regularly, followed by 81 percen
Published 21 Apr, 2008 12:00am
France Telecom seeks African growth

France Telecom seeks African growth

France Telecom expects to boost its revenue from emerging markets in Africa, the Middle East and Asia to 20-25 percent of the total from the current 14-15 percent, Chief Executive Didier Lombard said on April 15.
Published 21 Apr, 2008 12:00am
US airlines target foreign routes for profit

US airlines target foreign routes for profit

When the going gets tough, the tough find new markets. US airlines, suffering under record fuel prices, low-cost competition and a weakening domestic economy, are increasingly turning to more profitable international routes.
Published 21 Apr, 2008 12:00am
MasterCard confident, sees growth

MasterCard confident, sees growth

MasterCard Inc expects growth to remain strong in the next few years, helped by revenue from overseas markets, even as the US credit crisis cuts into spending by Americans, a senior executive told Reuters on April 14.
Published 21 Apr, 2008 12:00am
MasterCard confident, sees growth

MasterCard confident, sees growth

MasterCard Inc expects growth to remain strong in the next few years, helped by revenue from overseas markets, even as the US credit crisis cuts into spending by Americans, a senior executive told Reuters on April 14.
Published 21 Apr, 2008 12:00am
HSBC to add branches, staff in US

HSBC to add branches, staff in US

HSBC Holdings Plc, Europe's biggest lender, plans to expand its US retail branch network and hire more staff despite the weak US economy, a senior HSBC executive told Reuters on April 15.
Published 21 Apr, 2008 12:00am
Vietnam's Pacific Air sales to double in 2008

Vietnam's Pacific Air sales to double in 2008

Pacific Airlines, Vietnam's second-largest, expects revenues to double this year to $145 million as it joins Australia's Jetstar to explore domestic and regional markets, its chief executive officer said.
Published 21 Apr, 2008 12:00am
Vietnam's Pacific Air sales to double in 2008

Vietnam's Pacific Air sales to double in 2008

Pacific Airlines, Vietnam's second-largest, expects revenues to double this year to $145 million as it joins Australia's Jetstar to explore domestic and regional markets, its chief executive officer said.
Published 21 Apr, 2008 12:00am
Roche first quarter sales dip

Roche first quarter sales dip

Swiss pharmaceutical giant Roche said on April 17 its first quarter sales fell four percent on a local currency basis due to a drop in its key flu drug Tamiflu. Overall group sales fell to 10.85 billion Swiss francs (6.8 billion euros, 10.8 billion dollar
Published 21 Apr, 2008 12:00am
Roche first quarter sales dip

Roche first quarter sales dip

Swiss pharmaceutical giant Roche said on April 17 its first quarter sales fell four percent on a local currency basis due to a drop in its key flu drug Tamiflu. Overall group sales fell to 10.85 billion Swiss francs (6.8 billion euros, 10.8 billion dollar
Published 21 Apr, 2008 12:00am
Egypt Mobinil sees subscribers up 33 percent

Egypt Mobinil sees subscribers up 33 percent

Egyptian mobile operator Mobinil expects the number of its subscribers to jump 33 percent to nearly 20 million this year, as it signs up people on lower incomes, its chief executive said.
Published 21 Apr, 2008 12:00am
Egypt Mobinil sees subscribers up 33 percent

Egypt Mobinil sees subscribers up 33 percent

Egyptian mobile operator Mobinil expects the number of its subscribers to jump 33 percent to nearly 20 million this year, as it signs up people on lower incomes, its chief executive said.
Published 21 Apr, 2008 12:00am
Pioneer to cut Hong Kong jobs

Pioneer to cut Hong Kong jobs

Pioneer Investments, the fund management arm of Italy's Unicredit, will centre its Asian operations around Singapore in a move that will result in job losses in Hong Kong.
Published 21 Apr, 2008 12:00am
Pioneer to cut Hong Kong jobs

Pioneer to cut Hong Kong jobs

Pioneer Investments, the fund management arm of Italy's Unicredit, will centre its Asian operations around Singapore in a move that will result in job losses in Hong Kong.
Published 21 Apr, 2008 12:00am
MySpace launches India social networking website

MySpace launches India social networking website

MySpace on Thursday officially launched in India, as the world's most popular social networking website strives to fend off fast-growing rival Facebook in the international arena.
Published 21 Apr, 2008 12:00am
MySpace launches Korean service

MySpace launches Korean service

US online social network MySpace on Tuesday launched a Korean service to try to penetrate a highly competitive market dominated by local players, officials said. The service, owned by Rupert Murdoch's News Corp, has exclusive features tailored to local us
Published 21 Apr, 2008 12:00am
Television on the Internet taking off for real

Television on the Internet taking off for real

It's been a long time coming but television on the Internet appears finally to be taking off, opening up a new viewing experience for free and helping to fight online piracy.
Published 21 Apr, 2008 12:00am
Cyber bullying common in Japan school Web sites

Cyber bullying common in Japan school Web sites

Japan has over 38,000 unofficial middle and high school Web sites that are not overseen by the schools, and harassment and violent slang are prevalent among them, an education ministry survey showed.
Published 21 Apr, 2008 12:00am
Previous Day