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Apr 17, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-06-16
Turkish bill to make delisting easier

Turkish bill to make delisting easier

A planned Turkish capital markets bill will make it easier for buyers to take a company private by squeezing out minority shareholders, the head of the Capital Markets Board Turan Erol told Reuters on June 12.
Published 16 Jun, 2008 12:00am
Oil price rise and implications for Pakistan

Oil price rise and implications for Pakistan

Pakistanis have been particularly vociferous in holding the government accountable for the oil price rise in recent months. Not surprisingly, the politicians have been embroiled in a blame game made all the more credible because of the fact that the count
Published 16 Jun, 2008 12:00am
Budget Briefing 2008 -IV

Budget Briefing 2008 -IV

CUSTOMS: 1. Power to deliver certain goods without payment of custom duty and to repay custom duty on certain goods. Section 21, Sub-section (ab).
Published 16 Jun, 2008 12:00am
Latino voters: Obama faces tough task

Latino voters: Obama faces tough task

Convincing Latino voters could be a tough task for Barack Obama en route to the White House if he does not make himself better known among that community and explain clearly his plans for the largest ethnic minority in the United States.
Published 16 Jun, 2008 12:00am
'Deeds speak louder than words'

'Deeds speak louder than words'

The hundred days are coming to an end, which are usually given to a new government to steer the nation out of the morass created by a corrupt state machinery and self-centered rulers, which appears to be now slipping again without much mentioning of that
Published 16 Jun, 2008 12:00am
World Father's Day observed

World Father's Day observed

People across Pakistan observed the global event. 'World Father's Day' on June 15 to express love and affection for their fathers. The day is a wonderful opportunity to share affection and appreciation within the family.
Published 16 Jun, 2008 12:00am
Aleem laid to rest amid grief, tears

Aleem laid to rest amid grief, tears

The body of deceased Abdul Aleem Jat who was killed in Indian jail reached here on Sunday morning. The funeral was held at the village of the deceased, some 60 km away from here. The funeral was attended by the relatives and a large number of the area peo
Published 16 Jun, 2008 12:00am
Iraq's forces ready for militia crackdown

Iraq's forces ready for militia crackdown

Iraq's government beefed up army and police units in the southern city of Amara on Sunday for a new crackdown on militias, witnesses said. Convoys including armoured vehicles and tanks were moving through the northern side of the city, said a Reuters repo
Published 16 Jun, 2008 12:00am
Little change as Kosovo gets new constitution

Little change as Kosovo gets new constitution

Kosovo's first constitution as an independent state came into force on Sunday, giving ethnic Albanians the right to executive powers held by the United Nations mission that has run the territory since 1999. But despite the document, the United Nations has
Published 16 Jun, 2008 12:00am
Iran defiant in nuclear row despite sanctions threat

Iran defiant in nuclear row despite sanctions threat

Western powers are warning Iran of more sanctions if it rejects an incentives offer and presses on with sensitive nuclear work, but the Islamic Republic is showing no sign of backing down.
Published 16 Jun, 2008 12:00am
Amnesty slams rich nations for abandoning Iraqi refugees

Amnesty slams rich nations for abandoning Iraqi refugees

The world's richest countries are shirking their responsibility towards poverty-stricken refugees from war-torn Iraq, Amnesty International said Sunday. Calling the security situation "dire," the London-based human rights group said kidnappings, torture a
Published 16 Jun, 2008 12:00am
Assad meets French envoys to reinforce ties

Assad meets French envoys to reinforce ties

Syrian President Bashar al-Assad met two senior aides of the French president on Sunday, the latest sign of improving bilateral relations following Syria's involvement in ending a political crisis in Lebanon. Last year France halted high-level contacts wi
Published 16 Jun, 2008 12:00am
Britain brands Zimbabwean situation 'sadism'

Britain brands Zimbabwean situation 'sadism'

Britain's foreign secretary likened President Robert Mugabe's rule in Zimbabwe to "sadism" on Sunday and said South Africa had a responsibility to do more to bring pressure to bear on its neighbour.
Published 16 Jun, 2008 12:00am
No obvious way forward: Irish Prime Minister

No obvious way forward: Irish Prime Minister

Irish Prime Minister Brian Cowen said Sunday there was no "obvious" way forward after his country's shock rejection of the Lisbon Treaty in a referendum that plunged the European Union into crisis.
Published 16 Jun, 2008 12:00am
EU wants answers from Ireland on treaty impasse

EU wants answers from Ireland on treaty impasse

European Union leaders will press Ireland this week for answers on how to overcome its rejection of an EU reform treaty, including whether it will dare to ask its public to vote again.
Published 16 Jun, 2008 12:00am
France proposes joint EU defence transport

France proposes joint EU defence transport

France will propose launching a European Union aircraft carrier group and a joint fleet of military transporters as part of efforts later this year to boost the EU military, French defence officials said.
Published 16 Jun, 2008 12:00am
27 killed in Afghanistan

27 killed in Afghanistan

More than two dozen insurgents were killed in Afghanistan as security forces hunted for hundreds of militants who escaped from a prison after a brazen Taliban attack, police said Sunday.
Published 16 Jun, 2008 12:00am
Freed Japanese tourist in Tehran after eight-month ordeal

Freed Japanese tourist in Tehran after eight-month ordeal

A Japanese tourist released by kidnappers in south-eastern Iran arrived in Tehran on Sunday ahead of his return home after spending eight months in captivity. Satoshi Nakamura, 23, arrived at Tehran city airport on a flight from the south-eastern city of
Published 16 Jun, 2008 12:00am
Tokyo equities likely to be range-bound

Tokyo equities likely to be range-bound

Japanese shares are expected to be rangebound amid caution about soaring oil prices and Wall Street's performance, dealers said Friday. "Cautious trading is expected as players will continue carefully monitoring moves on Wall Street and oil prices," said
Published 16 Jun, 2008 12:00am
Indian shares may fall further on rising inflation worries

Indian shares may fall further on rising inflation worries

Indian shares could slide further next week on fears of rising inflation and further monetary tightening, dealers said on Friday. They said fears of India's inflation hitting double digit levels as early as next week, sparking concern about further intere
Published 16 Jun, 2008 12:00am
Malaysian shares expected to remain bearish

Malaysian shares expected to remain bearish

Malaysian shares will likely remain bearish in the coming week over uncertainties in the local economy after recent fuel price hikes, analysts said Friday.
Published 16 Jun, 2008 12:00am
Hong Kong shares likely to drop further

Hong Kong shares likely to drop further

Hong Kong share prices are likely to drop further next week as the market will continue to be dragged down by the weak performance of the Shanghai bourse, dealers said on Friday. For the week to June 13, the Hang Seng Index was down 1,809.88 points, or 7.
Published 16 Jun, 2008 12:00am
Jakarta shares likely to remain volatile

Jakarta shares likely to remain volatile

The Indonesian stock market will remain volatile next week due to concerns over global oil prices and high inflation, but commodity sectors could drive the market upward, an analyst said Friday. "Our market will continue to be largely contaminated by regi
Published 16 Jun, 2008 12:00am
UK equities likely to wait for rate clues

UK equities likely to wait for rate clues

Investors trading on the London Stock Exchange will focus on British inflation data and minutes from the Bank of England's latest meeting on interest rates for clues on future monetary policy. The FTSE 100 index ended the week on Friday at 5,802.80 points
Published 16 Jun, 2008 12:00am
Interest rates to weigh down Philippines shares

Interest rates to weigh down Philippines shares

Philippines share prices are likely to continue taking a beating next week from high interest rates, spawned by inflationary pressures both here and abroad, a dealer told AFP on Friday. "Interest rates in the Philippines and likewise globally now have a t
Published 16 Jun, 2008 12:00am
Asian currencies down against dollar

Asian currencies down against dollar

Major Asian currencies ended the week down against the US dollar on predictions of a US interest rate hike and as foreign investors remained wary of Thailand's political stability.
Published 16 Jun, 2008 12:00am
Thai shares likely to move higher

Thai shares likely to move higher

Thai shaare prices are likely to rise slightly as investors remain wary over high inflation, volatile oil prices and Thailand's political stability, a dealer said Friday.
Published 16 Jun, 2008 12:00am
JGBs trim losses after cautious Shirakawa

JGBs trim losses after cautious Shirakawa

Japanese government bond futures fell but were off an 11-month low on Friday, as comments from Bank of Japan Governor Masaaki Shirakawa helped cool speculation the central bank will boost interest rates in coming months to contain inflation.
Published 16 Jun, 2008 12:00am
JGBs trim losses after cautious Shirakawa

JGBs trim losses after cautious Shirakawa

Japanese government bond futures fell but were off an 11-month low on Friday, as comments from Bank of Japan Governor Masaaki Shirakawa helped cool speculation the central bank will boost interest rates in coming months to contain inflation.
Published 16 Jun, 2008 12:00am
Singapore shares may respond to US inflation data

Singapore shares may respond to US inflation data

Singapore share prices will move in response to US inflation data and could fall further, traders said. They said US consumer price index inflation data for May, to be released on Friday night, would be key in determining the local bourse's movement.
Published 16 Jun, 2008 12:00am
Wall Street cautious as focus shifts to inflation

Wall Street cautious as focus shifts to inflation

The stock market is coming to grips with new worries about inflation that threatens to keep the mood cautious, analysts say. The latest hawkish comments from Federal Reserve chairman Ben Bernanke and his colleagues have taken markets by surprise after a l
Published 16 Jun, 2008 12:00am
Nestle chairman sees no buys above $300 million

Nestle chairman sees no buys above $300 million

Nestle Chairman Peter Brabeck does not expect the group to make any acquisitions larger than $200 million to $300 million in the near term due to a lack of attractive targets, he was quoted as saying on Sunday.
Published 16 Jun, 2008 12:00am
Inflation threatening Asia poverty fight: ADB

Inflation threatening Asia poverty fight: ADB

Price pressures remain the biggest worry for Asia, where high inflation is threatening to spoil the gains against poverty achieved over the last two decades, the Asian Development Bank said on Sunday.
Published 16 Jun, 2008 12:00am
Asia and Europe face challenge from prices: French minister

Asia and Europe face challenge from prices: French minister

Asian and European economies face major challenges from soaring fuel and food prices and global financial turbulence, France's finance minister cautioned Sunday. "Of course, we would all prefer to be triple-A economies but indeed we are facing triple-F ch
Published 16 Jun, 2008 12:00am
Opec's Badri says don't blame us for record oil

Opec's Badri says don't blame us for record oil

If your father heads up the Organisation of the Petroleum Exporting Countries, you might feel entitled to some favours when you fill up your tank. But the daughter of Opec Secretary-General Abdullah al-Badri finds herself paying more just like the rest of
Published 16 Jun, 2008 12:00am
UBS drawing up house builders placing plan: report

UBS drawing up house builders placing plan: report

A group of Britain's biggest institutional investors are working on plans drawn up by bankers at UBS to provide direct funding to shore up the housebuilding sector, the Sunday Telegraph reported.
Published 16 Jun, 2008 12:00am
Israel's 2009 budget to reach 315.8 billion shekels

Israel's 2009 budget to reach 315.8 billion shekels

Israel's budget in 2009 will total 315.8 billion shekels ($92.6 billion) with the increase in government expenditure capped at 1.7 percent, the Finance Ministry said on Sunday.
Published 16 Jun, 2008 12:00am
Indonesia may miss 2008 export growth target

Indonesia may miss 2008 export growth target

Indonesia's non-oil-and-gas exports may miss government forecasts and grow 13 percent in 2008 instead of 14.5 percent due to unfavourable global economic conditions, Trade Minister Mari Pangestu said on Sunday.
Published 16 Jun, 2008 12:00am
Egypt fatwa orders oil money for the poor

Egypt fatwa orders oil money for the poor

An Islamic ruling that Egypt should give some of its oil and gas wealth to the people has ratcheted up the pressure on the government, already faced with rising popular discontent over food prices.
Published 16 Jun, 2008 12:00am
US seeks Swiss help in UBS tax evasion probe

US seeks Swiss help in UBS tax evasion probe

US authorities have sought legal assistance from Switzerland's Federal Office of Justice in an investigation into tax evasion through offshore bank accounts at UBS, Swiss media reported on Sunday.
Published 16 Jun, 2008 12:00am
Australia wants Asia to drop fuel subsidies: minister

Australia wants Asia to drop fuel subsidies: minister

Australian Finance Minister Lindsay Tanner said Sunday the government wanted Asian countries to drop their fuel subsidies to ease rising petrol prices. Canberra argues that the subsidies distort demand for petrol and push up the cost of fuel and that with
Published 16 Jun, 2008 12:00am
Aussies turn the screw on West Indies

Aussies turn the screw on West Indies

An unbroken stand of 79 for the sixth wicket between Michael Clarke and Brad Haddin helped Australia to extend their lead to 474 before lunch in the third and final Test against West Indies on Sunday.
Published 16 Jun, 2008 12:00am
German wins race up world's tallest skyscraper

German wins race up world's tallest skyscraper

A German athlete sprinted up 91 floors in 10 minutes and 53 seconds on Sunday to win the Taipei 101 race-a leg-burning effort that took him to the top of the world's tallest skyscraper.
Published 16 Jun, 2008 12:00am
Asian heavyweights celebrate but China crash

Asian heavyweights celebrate but China crash

There were celebrations Sunday for heavyweights Australia, Japan, the two Koreas, Saudi Arabia and Iran who all powered into the final phase of Asian World Cup qualifying. But it was tears for underachieving China who crashed out after losing 2-1 at home
Published 16 Jun, 2008 12:00am
Nadal is king of Queen's club

Nadal is king of Queen's club

Rafael Nadal was crowned king of Queen's after beating Novak Djokovic 7-6 (8/6), 7-5 in Sunday's final to claim his first grasscourt title and deliver a timely Wimbledon warning to Roger Federer. Just seven days after winning the French Open on clay in Pa
Published 16 Jun, 2008 12:00am
Kristensen takes eighth Le Mans win

Kristensen takes eighth Le Mans win

Denmark's Tom Kristensen won the Le Mans 24 Hours race for a record eighth time on Sunday, leading Audi to a thrilling victory over favourites Peugeot in the battle of the diesels.
Published 16 Jun, 2008 12:00am
My tournament starts now: Torres

My tournament starts now: Torres

Spanish coach Luis Aragones took him off in the first game and he wasn't happy about it at all - but it wasn't personal and a buzzing Fernando Torres says his tournament starts now with the Furia Roja already in the last eight.
Published 16 Jun, 2008 12:00am
Briton Dixon claims St Omer Open title

Briton Dixon claims St Omer Open title

Britain's David Dixon secured his maiden European Tour title after producing a faultless closing five-under 66 to win the St Omer Open by one shot on Sunday. Englishman Dixon, who started his week with a 77, was four strokes behind Sweden's Christian Nils
Published 16 Jun, 2008 12:00am
Svetlana steps onto grass as Eastbourne top seed

Svetlana steps onto grass as Eastbourne top seed

Svetlana Kuznetsova, the 2004 champion, will make her only pre-Wimbledon grass appearance from Monday as top seed at the Eastbourne Championships. The Russian, who also played semi-finals at Devonshire Park in 2005 and 2006, heads the field after the pull
Published 16 Jun, 2008 12:00am
World Cup qualifier: dozens of Iraqis wounded by gunfire after win

World Cup qualifier: dozens of Iraqis wounded by gunfire after win

At least 39 people were wounded by stray bullets in Iraq as jubilant football fans fired into the air after the national side defeated China in a World Cup qualifier, police said on Sunday. Gunfire reverberated across Baghdad and several other cities as h
Published 16 Jun, 2008 12:00am
Hirvonen wins to retake title lead from Loeb

Hirvonen wins to retake title lead from Loeb

Finland's Mikko Hirvonen regained the overall lead from Citroen's Sebastien Loeb in the world rally standings after taking champions Ford to a one-two win in Turkey on Sunday. Hirvonen defended his overnight lead to win the eighth round of the season by 7
Published 16 Jun, 2008 12:00am
Anton climbs to second stage win

Anton climbs to second stage win

Spaniard Igor Anton pulled on the leader's yellow jersey after climbing to victory in Sunday's second stage of the Tour of Switzerland to the ski station of Flumserberg.
Published 16 Jun, 2008 12:00am
Albaraka plans $200 million acquisitions

Albaraka plans $200 million acquisitions

Bahrain's Albaraka Banking Group plans to spend around $200 million to consolidate its presence in the Middle East including a possible acquisition in Asia this year, its chief executive said on June 12.
Published 16 Jun, 2008 12:00am
Albaraka plans $200 million acquisitions

Albaraka plans $200 million acquisitions

Bahrain's Albaraka Banking Group plans to spend around $200 million to consolidate its presence in the Middle East including a possible acquisition in Asia this year, its chief executive said on June 12.
Published 16 Jun, 2008 12:00am
Apple changes business plan with new iPhones

Apple changes business plan with new iPhones

Apple Inc is changing the way it makes money on iPhones as it revamps agreements with wireless carriers so they will cut prices for the devices, Chief Operating Officer Tim Cook said.
Published 16 Jun, 2008 12:00am
Melting Arctic ice could spur inland warming

Melting Arctic ice could spur inland warming

If Arctic sea ice starts melting fast, polar bears and ring seals wouldn't be the only creatures to feel it: A study released on June 10 suggests it could spur warmer temperatures hundreds of miles (km) inland.
Published 16 Jun, 2008 12:00am
The Weather

The Weather

The weather report on Sunday (June 15, 2008) and the forecast for Monday (June 16, 2008).
Published 16 Jun, 2008 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 09 to 14, 2008).

Published 16 Jun, 2008 12:00am
Alico AIG Life

Alico AIG Life

Alico AIG Life has issued Weekly Unit Prices.

Published 16 Jun, 2008 12:00am
Alico AIG Life

Alico AIG Life

Alico AIG Life has issued Weekly Unit Prices.

Published 16 Jun, 2008 12:00am
Alico AIG Life

Alico AIG Life

Alico AIG Life has issued Weekly Unit Prices.

Published 16 Jun, 2008 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (June 15, 2008).
Published 16 Jun, 2008 12:00am
31 killed in India

31 killed in India

At least 31 people were killed in separate accidents in two Indian mountain states on Sunday, police said. Officials said 15 people, including seven women, were buried alive by landslides triggered by heavy overnight rain in Arunachal Pradesh state early
Published 16 Jun, 2008 12:00am
'No danger after fishermen steal Aswan dam parts'

'No danger after fishermen steal Aswan dam parts'

Fishermen have stolen cables from Egypt's Aswan High Dam, one of Africa's largest, the official MENA news agency reported on Sunday, as the government insisted safety was unaffected by the theft.
Published 16 Jun, 2008 12:00am
Joint Sudan force to deploy in Abyei flashpoint today

Joint Sudan force to deploy in Abyei flashpoint today

A joint north-south Sudanese force will deploy in the oil-rich flashpoint of Abyei on Monday in a bid to prevent a repeat of violence last month that forced thousands to flee, the force's commander said.
Published 16 Jun, 2008 12:00am
Blast in Nepal kills two

Blast in Nepal kills two

Two people were killed and at least eight wounded in a bomb blast at a bus station in south-east Nepal, police said on Sunday. A little known group called Terai Army in a telephone call to local newspapers claimed responsibility for the blast at Chandrani
Published 16 Jun, 2008 12:00am
Bangladesh detains 25,000

Bangladesh detains 25,000

Bangladesh's army-backed interim government said on Sunday it had detained almost 25,000 people over the past two weeks in a hunt for criminals and suspected troublemakers ahead of a parliamentary election in December.
Published 16 Jun, 2008 12:00am
Hitler's gift to Nepal king awaits new home

Hitler's gift to Nepal king awaits new home

A car gifted by Adolf Hitler to a Nepali king is likely to be displayed in a palace museum after the Himalayan nation abolished the 239-year-old monarchy and the ousted King Gyanendra quit the palace.
Published 16 Jun, 2008 12:00am
Internet use doubles in White House race: survey

Internet use doubles in White House race: survey

The Internet now plays a central role in US politics, with nearly half of all Americans using the Web and other new media to follow the presidential campaign, says a study released on Sunday.
Published 16 Jun, 2008 12:00am
Mugabe ready to hand power to a party faithful

Mugabe ready to hand power to a party faithful

Zimbabwean President Robert Mugabe was quoted on Sunday as saying he would be willing to hand power to a ruling party ally when he was sure the country was safe from "sellouts" and from British interference.
Published 16 Jun, 2008 12:00am
Sadr group to boycott Iraq local elections

Sadr group to boycott Iraq local elections

In a fresh blow to Iraq's embattled political process, hard-line Shiite cleric Moqtada al-Sadr's group said on Sunday it will boycott provincial elections in October which are a key benchmark set by Washington for stabilising the country.
Published 16 Jun, 2008 12:00am
US average life expectancy reaches 78 for the first time

US average life expectancy reaches 78 for the first time

The average life expectancy in the United States reached 78 years for the first time in 2006, according to government figures out on June 11. The figures also show a clear drop in the number of Americans killed by eight of the 10 leading causes of death.
Published 16 Jun, 2008 12:00am
New iron drug cures anemia with kidney complications

New iron drug cures anemia with kidney complications

Treatment with ferumoxytol, a new iron drug that is given intravenously, is more effective against anemia than standard iron therapy, which is given by mouth, in patients with chronic kidney disease, results of a new study indicate.
Published 16 Jun, 2008 12:00am
Hot climate or cold, tree leaves stay in comfort zone

Hot climate or cold, tree leaves stay in comfort zone

The internal temperature of leaves, whether in the tropics or a cold-clime forest, tends toward a nearly constant 21.4 degrees Celsius (71 degree Fahrenheit), reports a study released on June 11.
Published 16 Jun, 2008 12:00am
Vitamins improve tuberculosis Treatment

Vitamins improve tuberculosis Treatment

Supplementing the diet with nutrients, including selenium and vitamins A, B complex, C, and E, improves the outcomes of patients being treated for tuberculosis, according to a new report.
Published 16 Jun, 2008 12:00am
Launch of satellite to track sea levels delayed

Launch of satellite to track sea levels delayed

The launch of a US-French satellite that will track rising sea levels and ocean currents, scheduled for June 15, has been delayed, the French national space agency (CNES) said on June 11.
Published 16 Jun, 2008 12:00am
Pollution kills 10,000 a year in Hong Kong and southern China

Pollution kills 10,000 a year in Hong Kong and southern China

At least 10,000 deaths every year in Hong Kong, Macau and neighbouring southern China are caused by the area's worsening air pollution, a new study released on June 10 has found. Air pollution is also responsible for 440,000 hospital bed days and 11 milli
Published 16 Jun, 2008 12:00am
Smoking linked to mid-life memory loss

Smoking linked to mid-life memory loss

Smoking apparently presents an increased risk for memory loss in people at mid-life, a new study released on June 10 found. The study by Severine Sabia and colleagues of France's Institut National de la Sante et de la Recherche Medicale reviewed data from
Published 16 Jun, 2008 12:00am
IN SHORT:-Samsung launches iPhone look-alike Omnia

IN SHORT:-Samsung launches iPhone look-alike Omnia

Korean technology group Samsung launched a new touch-screen smart-phone named Omnia. Like the iPhone, Samsung's Omnia aims to make Internet browsing easy, and has a wide screen for viewing video as well as music capabilities and a 5 megapixel camera.
Published 16 Jun, 2008 12:00am
Nomura Asset to seek more foreign tie-ups

Nomura Asset to seek more foreign tie-ups

Nomura Asset Management Co, the fund management unit of Nomura Holdings Inc, said on June 09 it will seek opportunities to form capital alliances with foreign counterparts to grow faster overseas.
Published 16 Jun, 2008 12:00am
Standard Chartered private bank sees modest growth

Standard Chartered private bank sees modest growth

The private bank of Standard Chartered expects asset growth from rich clients to slow this year after a 28 percent jump in 2007, on worries about rocky markets, its top executive said on June 11.
Published 16 Jun, 2008 12:00am
Top six firms announce WiMAX alliance

Top six firms announce WiMAX alliance

Six leading tech firms have formed a patent alliance to encourage expansion of WiMAX, an emerging high-speed wireless technology, the companies said in a statement.
Published 16 Jun, 2008 12:00am
Try Russian-language Internet

Try Russian-language Internet

If you think the Internet is complicated enough, try it in Russian. For Russian President Dmitry Medvedev, an avowed computer addict who came to power in May, it's a matter of national importance.
Published 16 Jun, 2008 12:00am
Nomura Asset to seek more foreign tie-ups

Nomura Asset to seek more foreign tie-ups

Nomura Asset Management Co, the fund management unit of Nomura Holdings Inc, said on June 09 it will seek opportunities to form capital alliances with foreign counterparts to grow faster overseas.
Published 16 Jun, 2008 12:00am
JetBlue LiveTV to buy Verizon's Airfone network

JetBlue LiveTV to buy Verizon's Airfone network

JetBlue Airways Corp's LiveTV unit said it has agreed to buy Verizon Communications Inc's Airfone network as aims to develop in-flight email and Internet services, said The Wall Street Journal. JetBlue and other airlines, such as Continental, use LiveTV's
Published 16 Jun, 2008 12:00am
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