News Archives for Print - 2008-10-06

Print - 2008-10-06

Alico AIG Life American Life Insurance Company (Pakistan) Limited

Alico AIG Life has issued Weekly Unit Prices.

Published 06 Oct, 2008 12:00am

Cement:- LUCKY CEMENT COMPANY LIMITED - Analysis of Financial Statements Financial Year 2003 - Financial Year 2008

Lucky Cement is the largest cement manufacturer of Pakistan and also, the current market leader in capacity and sales. It has the capacity to produce 6.55m tpa (tonnes per annum) cement, which is 18.7% of the total cement capacity of the country.

Published 06 Oct, 2008 12:00am

Cement:- LUCKY CEMENT COMPANY LIMITED - Analysis of Financial Statements Financial Year 2003 - Financial Year 2008

Published 06 Oct, 2008 12:00am

Sleepy Maldives to test democracy for first time

The sleepy Maldives, best known as a tropical luxury hideaway for Hollywood stars, holds its first multiparty elections this week in a vote that will see Asia's longest-serving ruler face real electoral competition.

Published 06 Oct, 2008 12:00am

Turkey slams Iraqi Kurds after rebel attack kills 15 soldiers

The Turkish military Sunday accused Iraqi Kurds of aiding Turkish Kurdish rebels holed up in their autonomous enclave in northern Iraq after the militants killed at least 15 soldiers in a daytime attack near the border.

Published 06 Oct, 2008 12:00am

Tutu says he'd welcome new South African opposition party

Archbishop Desmond Tutu would welcome the creation of a viable opposition in South Africa, after ruling party infighting forced former president Thabo Mbeki to resign, in remarks published Sunday.

Published 06 Oct, 2008 12:00am

Republicans step up fundraising in White House race

Republicans are stepping up their fundraising efforts Sunday amid an escalating war of words between the rival political camps one month ahead of US elections.

Published 06 Oct, 2008 12:00am

Singapore students protest

About 60 people gathered at a park in central Singapore on Sunday to protest against a university's decision to censor news stories in the school media related to a prominent opposition politician.

Published 06 Oct, 2008 12:00am

Aso to visit China late October, eyes talks with Hu, Wen

Japan's new Prime Minister Taro Aso plans to visit China in late October, eyeing his first summit with Chinese leaders since taking office last month, government officials said on Sunday.

Published 06 Oct, 2008 12:00am

Somali Islamists want weapons on ship

Islamist insurgents have demanded to be given some of the weapons aboard a hijacked Ukrainian ship carrying 33 tanks but the pirates holding it have refused, a local official said on Sunday.

Published 06 Oct, 2008 12:00am

Thai police arrest key protest leader

Thai police arrested a key leader of a month-long protest inside Bangkok's Government House compound on Sunday, but the detained anti-government figure urged his supporters not to quit.

Published 06 Oct, 2008 12:00am

Sudan expels British embassy bodyguards

Sudan has expelled two bodyguards working for the British ambassador after their car injured two security officers in a UN car park, a foreign ministry official said on Sunday. In August, two local security officers for the UN mission in Sudan (UNMIS) wer

Published 06 Oct, 2008 12:00am

More Sri Lanka war refugees register on police order

Thousands of Sri Lankans who fled to Colombo in the past five years lined up to register on police orders on Sunday, part of a government security drive to keep Tamil Tiger rebel infiltrators out of the capital city.

Published 06 Oct, 2008 12:00am

Egyptian bus collides with truck, killing 13

At least 13 Egyptians were killed when an intercity bus collided head-on with a truck on a highway south of Cairo on Sunday, and 21 others were injured, security and medical sources said. Security sources said the bus had been trying to overtake another v

Published 06 Oct, 2008 12:00am

Four hurt in Nepal mosque blast: police

Four people were injured in a small bomb blast at a mosque in south-east Nepal, police said on Sunday. There was no major damage to the mosque after the blast late on Saturday, police official Gopal Pradhan said from Biratnagar, the biggest town in the re

Published 06 Oct, 2008 12:00am

France urges Israel not to attack Iran

French Foreign Minister Bernard Kouchner has urged Israel not to launch a military strike against Iran's nuclear programme, an Israeli newspaper reported on Sunday.

Published 06 Oct, 2008 12:00am

Psychotherapy shows more promise for complex psychiatric woes

Long-term psychodynamic psychotherapy seems more effective in treating complex psychiatric problems than short-term treatments focused more on medications, a meta-analysis released on October 01 found. Long-term psychodynamic psychotherapy (LTPP) stresses

Published 06 Oct, 2008 12:00am

Sick leave can be early indicator of fatal illness

People who take long spells of sick leave at least once in three years face a higher risk of early death, according to a study that could help doctors pinpoint patients with life-threatening problems.

Published 06 Oct, 2008 12:00am

Failure on climate change will 'haunt humanity': expert

Failure to curb global warming would "haunt humanity" forever, Australia's top climate adviser said as he urged the country to cut greenhouse gas emissions by at least 60 percent by 2050.

Published 06 Oct, 2008 12:00am

US approves test for human and bird flu

The US Food and Drug Administration has approved a new test that can rapidly diagnose and identify human influenza infections and human bird flu, the agency announced. The test, developed by the US Centres for Disease Control and Prevention, will be avail

Published 06 Oct, 2008 12:00am

Study finds link between genes, obesity, colon cancer

The discovery of a genetic link between obesity and colon cancer may pave the way for more effective screening tests for the disease, according to a study published on October 02.

Published 06 Oct, 2008 12:00am

Shorter breast cancer therapy effective

Brief and intensive radiation therapy for early stage breast cancer is equally as effective as the current five-to-seven week treatments, according to medical research.

Published 06 Oct, 2008 12:00am

Limits for melamine in food fixed only recently: WHO

Many countries have only recently fixed limits for industrial chemical melamine in food products, a World Health Organisation expert said. This is because the chemical was not considered a substance found in food before a scandal broke out in China where

Published 06 Oct, 2008 12:00am

Scientists aim to boost Southern Ocean CO2 monitoring

Australian scientists set sail on a voyage that could lead to better data from the Southern Ocean, which plays a major role in acting as a brake on climate change. Oceans absorb vast amounts of carbon dioxide and the Southern Ocean between Australia and A

Published 06 Oct, 2008 12:00am

Top firms band together behind mobile broadband

Top computer makers, mobile operators and technology providers announced on Tuesday that upcoming laptop computers would feature mobile broadband making them ready to surf right out of the box.

Published 06 Oct, 2008 12:00am

ZON launches mobile service with Vodafone

Portugal's largest pay TV provider ZON Multimedia launched a "virtual" mobile phone service with Vodafone on Monday in a move to attract more clients and boost customer loyalty.

Published 06 Oct, 2008 12:00am

Technology elite use Internet to fight tuberculosis

Acclaimed photojournalist James Nachtwey's dream of using images to marshal arms in the battle against tuberculosis is coming true with the help of technology titans.

Published 06 Oct, 2008 12:00am

StumbleUpon steps up online discovery service

StumbleUpon stepped up its personalised Website recommendation service on Wednesday by launching an online query page and alliances that include The Huffington Post and Rolling Stone.

Published 06 Oct, 2008 12:00am

Google launches blog tracking service

Google has launched an enhanced blog tracking service that helps people mine a growing mountain of online commentary for gems worth reading. The Google Blog Search tool rolled out this week competes with Techmeme, Polymeme, Wikio and other "memetrackers"

Published 06 Oct, 2008 12:00am

Nokia's unlimited music service on October 16 in UK

Nokia will start offering unlimited music through mobile phones in Britain on October 16, the Finnish company said on Thursday, as it seeks to muscle in on a market dominated by Apple's iPod.

Published 06 Oct, 2008 12:00am

Mobile technology taught to turn on thieves

Stolen mobile telephones are being taught to turn against thieves by sending home word of where they are and letting owners snoop on calls. Maverick Mobile won accolades at a recent DEMO gathering of 72 start ups in Southern California by debuting softwar

Published 06 Oct, 2008 12:00am

CERN unveils computer grid linking 7,000 scientists

CERN, the world's biggest particle physics laboratory and creator of the World-wide Web, on Friday unveiled a new computer network allowing thousands of scientists around the world to crunch data on its huge experiments.

Published 06 Oct, 2008 12:00am

Bangladesh sells mobile phone spectrum for $204 million

Bangladesh has sold mobile phone spectrum to three of the country's mobile phone operators for a total of 14 billion taka ($204 million) to help expand their network, the telecoms regulatory authority said.

Published 06 Oct, 2008 12:00am

Microsoft bases search engine R&D in Norway

US software giant Microsoft will base its global research and development centre for specialised search engines used by companies in Norway, company chief executive Steve Ballmer said on Tuesday. "The global centre for our enterprise search R&D will be do

Published 06 Oct, 2008 12:00am

Facebook to set up international headquarters in Ireland: Dublin

Facebook, the US Internet social networking giant, is to establish its non-US international headquarters in Dublin, the Irish government said on Thursday. The centre will provide a range of online technical, sales and operations support to Facebook's user

Published 06 Oct, 2008 12:00am

Sprint launches its first WiMax market

Sprint Nextel Corp announced a one-market launch of Xohm, its next generation high-speed wireless data service based on WiMax, with pay-per-day options as well as monthly service fees.

Published 06 Oct, 2008 12:00am

AFP to boost mobile phone content services

Agence France-Presse will add mobile phone information services in Arabic, German and Portuguese in 2009 as it seeks to further boost revenues from the key new sector, Agency's Chairman Pierre Louette said.

Published 06 Oct, 2008 12:00am

Aviva Investors to boost hedge fund-style products

The British arm of asset management group Aviva Investors is betting that investor interest in hedge fund-style products will survive the credit crisis and rebound once market turmoil abates.

Published 06 Oct, 2008 12:00am

Aviva Investors to boost hedge fund-style products

The British arm of asset management group Aviva Investors is betting that investor interest in hedge fund-style products will survive the credit crisis and rebound once market turmoil abates.

Published 06 Oct, 2008 12:00am

UBS sees unified bank as best model

Swiss bank UBS AG, whose massive trading losses in the past year fuelled calls for shedding the investment bank business, has no plans to shed the operation, its investment banking head said in an interview on October 04.

Published 06 Oct, 2008 12:00am

Bayer sees opportunity for M&A in health sector

Germany's Bayer sees the current credit crisis as an opportunity to buy assets at favourable prices that can fuel future growth in its key healthcare division. Healthcare head Arthur Higgins said he wouldn't rush to strike deals before the dust had settle

Published 06 Oct, 2008 12:00am

Maybank buys 55.6 percent of BII for $1.24 billion

Malaysia's Maybank has completed the acquisition of a 55.6 percent stake in Bank Internasional Indonesia (BII) for 4.26 billion ringgit ($1.24 billion), the lender said on October 01.

Published 06 Oct, 2008 12:00am

General Electric sees big nuclear opportunity in India

General Electric Co sees a market for "tens of billions of dollars" of equipment for nuclear power in India following the US's decision to reopen nuclear trade with the world's second-most-populous country, a GE official said on October 02.

Published 06 Oct, 2008 12:00am

Intel to continue to invest despite recession

Intel will continue to invest in products and technologies even though it sees some likely impact on the emerging markets that are crucial for its growth during a US financial meltdown, its chairman said.

Published 06 Oct, 2008 12:00am

Intel to continue to invest despite recession

Published 06 Oct, 2008 12:00am

McDonald's to speed up east Europe expansion

Fast food giant McDonald's Corp will speed up its expansion drive in central and eastern Europe to tap into the region's vibrant growth and increasingly affluent middle class, its No 2 official said.

Published 06 Oct, 2008 12:00am

Chloride 'actively looking' for acquisitions

Chloride Group Plc, the British power protection company, is looking to expand further overseas and may be able to announce an acquisition at around the time of its interim results in early November. The group, which updated shareholders with a first-half

Published 06 Oct, 2008 12:00am

Ford UK chairman sees 2009 market fall

Vehicle sales are likely to fall year-on-year in Britain in 2008 and 2009 unless something is done to improve the availability of consumer credit, the chairman of Ford UK said.

Published 06 Oct, 2008 12:00am

Ford UK chairman sees 2009 market fall

Vehicle sales are likely to fall year-on-year in Britain in 2008 and 2009 unless something is done to improve the availability of consumer credit, the chairman of Ford UK said.

Published 06 Oct, 2008 12:00am

'Credit crisis brings opportunities'

The credit crunch may bring cash-rich Canadian oil producer Nexen Inc acquisition opportunities, the company's chief financial officer said on October 02. Marvin Romanow said Nexen is unlikely to suffer from the current crisis that has frozen global capit

Published 06 Oct, 2008 12:00am

'Credit crisis brings opportunities'

Published 06 Oct, 2008 12:00am

Motorcycling: Stoner dominates Aussie MotoGP

Casey Stoner salvaged a home triumph out of the wreckage of losing his world title to Valentino Rossi with a dominant all-the-way victory in the Australian MotoGP here on Sunday. The 22-year-old Australian Ducati rider claimed back-to-back Phillip Island

Published 06 Oct, 2008 12:00am

Yuvraj and Jaffer flay Aussies in drawn India tour match

Test rejects Yuvraj Singh and Wasim Jaffer enhanced their claims for an India comeback by pounding Australia's bowlers in a practice match on Sunday. Left-handed Yuvraj struck a belligerent 113 with seven sixes and as many boundaries while Jaffer hit 93 f

Published 06 Oct, 2008 12:00am

New Zealand wary of Bangladesh threat

New Zealand will have to be on top of their game to avoid an upset this month against Bangladesh, skipper Daniel Vettori said on Sunday. New Zealand will play three one-day internationals from October 9-14, before the first of two tests starts on October

Published 06 Oct, 2008 12:00am

Changes being made in PCB Constitution: Naek

While addressing a press conference here on Sunday, Federal Law and Parliamentary Affairs Minister Farooq. H. Naik said that changes were being brought in the Constitution of the Pakistan Cricket Board (PCB) and a five-member committee with three-year ten

Published 06 Oct, 2008 12:00am

All-Tunisia final looms in African Confederation Cup

The odds on an all-Tunisia African Confederation Cup final shortened Sunday after CS Sfaxien and Etoile Sahel achieved significant results. Title holders Sfaxien triumphed 3-2 over InterClube of Angola in Luanda and former winners Etoile came from behind

Published 06 Oct, 2008 12:00am

Ferguson backs Rooney to lead United title charge

Sir Alex Ferguson believes that Wayne Rooney and Manchester United are ready to take a stranglehold on the Premier League after emerging from a difficult visit to Blackburn with a 2-0 victory on Saturday.

Published 06 Oct, 2008 12:00am

Second straight win raises Jankovic to number one

Jelena Jankovic will regain her world number one ranking on Monday less than 24 hours after winning Stuttgart's WTA event with a 6-4, 6-3 win over Nadia Petrova in Sunday's final.

Published 06 Oct, 2008 12:00am

Credit crunch delays Liverpool's new stadium

Liverpool chief executive Rick Parry admitted on Sunday that the Premier League club's new stadium will not be built until the global credit crunch eases.

Published 06 Oct, 2008 12:00am

Berdych, Wozniacki win in Japan

Ninth seed Tomas Berdych powered past Argentina's Juan Martin Del Potro in straight sets on Sunday to win the Japan Open, his first title of the season. On the women's side, top seed Caroline Wozniacki of Denmark battled to a 6-2, 3-6, 6-1 win over Kaia K

Published 06 Oct, 2008 12:00am

Capitalism loses a compass, looks for new charts

Capitalism is in the deepest crisis for 80 years, drunk on a binge of cheap money which made fools of the regulators, analysts say. The market system is going through a life-changing experience which will determine for decades the way the global economy w

Published 06 Oct, 2008 12:00am

UK won't tell BoE to cut interest rates: Darling

The British government will not put pressure on the Bank of England to cut interest rates but will be flexible with economic policy to help ease the impact of the credit crunch, Finance Minister Alistair Darling said.

Published 06 Oct, 2008 12:00am

'Global crisis may slow growth next year'

Indonesia's economic growth is likely to slow next year because of the global financial crisis although the government expects to meet several economic targets for this year, the finance minister said on Sunday.

Published 06 Oct, 2008 12:00am

Bangladesh gets $165 million ADB loan for energy plans

The Manila-based Asian Development Bank (ADB) will give Bangladesh a loan of $165 million to fund infrastructure projects, the bank said in a statement.

Published 06 Oct, 2008 12:00am

France favours ECB rate cut

France remains in favour of a rate cut by the European Central Bank to give a shot in the arm to an economy that is suffering from the fall-out of the global credit crisis, a senior presidential advisor said on Sunday.

Published 06 Oct, 2008 12:00am

Liquidity squeeze starts to bite in Saudi Arabia

Annual growth in the Saudi money supply rose for the first time in three months in August but the Arab world's largest economy is beginning to feel strains of a liquidity squeeze, central bank data showed on Sunday.

Published 06 Oct, 2008 12:00am

UK's Mandelson slams unilateral crisis moves

Britain's new business minister Peter Mandelson criticised unilateral moves by individual countries to guarantee deposits and said they could hamper efforts to resolve the global financial crisis, the Sunday Telegraph reported.

Published 06 Oct, 2008 12:00am

China can withstand financial crisis

China's economy is strong enough to withstand the impact of the global financial crisis and may even help the world by maintaining fast growth, Premier Wen Jiabao was quoted as saying Sunday. "Our economic fundamentals haven't changed, and the economy is

Published 06 Oct, 2008 12:00am

China says new milk tests show clean

China, mired in a health scandal over contaminated dairy products at home and abroad, said new tests had revealed no melamine in liquid milk on the home market. It was the second time in days China has tried to repair confidence in its dairy products, say

Published 06 Oct, 2008 12:00am

China's Ping An to take $2.3 billion loss

Ping An Insurance said on Sunday that it would report a loss of about 15.7 billion yuan ($2.3 billion) on its investment in troubled European financial group Fortis.

Published 06 Oct, 2008 12:00am

Lazard nad Morgan Stanley advisors on Fortis future

Morgan Stanley and Lazard Ltd are advising on the future of troubled financial group Fortis as one of the latest victims of the credit crisis provides income for investment banks.

Published 06 Oct, 2008 12:00am

ABN to be integrated before privatisation

ABN AMRO must be integrated with Fortis's Dutch activities before it is taken out of government ownership and privatised, Dutch central bank governor Nout Wellink said on Sunday.

Published 06 Oct, 2008 12:00am

Opec chief says will seek to balance market

Supply and demand alone will set oil prices in coming months and Opec will seek to balance the market at its December meeting after recent declines, Opec President Chakib Khelil said in remarks published on Sunday. Prices had recently fallen from levels c

Published 06 Oct, 2008 12:00am

Cloud lifts, but Wall Street outlook still grim

A brutal week on Wall Street ended with the approval of a massive US government lifeline for the troubled financial sector, but investors are still searching for a reason to cheer. The 700-billion-dollar plan is expected to help start a recovery from a US

Published 06 Oct, 2008 12:00am

Manila market to wait for bailout news

The direction of the Philippine stock market will be depend on whether the massive bailout package to ease the financial crisis in the United States is passed by Congress, dealers said. "It really depends on the US bailout," said Ron Rodrigo of Daiwa Secu

Published 06 Oct, 2008 12:00am

Taiwan shares expected to face resistance

Taiwan share prices are expected to encounter resistance amid concerns over the global financial system ahead of a vote in the US needed to revive a bailout package, dealers said on Friday. Even if the rescue plan is passed in Congress, investors are stil

Published 06 Oct, 2008 12:00am

Asian currencies mostly lower against dollar

Asian currencies ended the week mostly lower against the dollar amid global market turmoil and fears of a liquidity squeeze.

Published 06 Oct, 2008 12:00am

Malaysian shares likely to remain gloomy

Malaysian shares are expected to extend their gloom next week on the highly volatile external financial markets brought on by uncertainties in the US economy, analysts said on Friday.

Published 06 Oct, 2008 12:00am

Australian shares set for more volatility

Australian share prices are in line for yet another rough week, with much hinging on the success of a US vote on a massive Wall Street bailout, analysts said. The Australian market endured a roller-coaster ride in the week ending October 3, with the bench

Published 06 Oct, 2008 12:00am

Singapore shares to take cue from US data

Singapore shares will take their cue from US economic data after the expected passage of a bill to bail out the American financial sector, dealers said. The House of Representatives was expected to vote Friday on an amended bill to buy up to 700 billion U

Published 06 Oct, 2008 12:00am

Tokyo markets to face choppy trading

Battered Japanese share prices are likely to face another week of volatility as worries grow about the impact of the financial crisis on the global economy.

Published 06 Oct, 2008 12:00am

London market looks for first UK rate cut in six months

Players on the London Stock Exchange will be setting their sights on a meeting next week of Bank of England policymakers, hoping it will yield the first reduction in British interest rates in six months.

Published 06 Oct, 2008 12:00am

Bangladesh interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Sunday 68.52/68.52 (previous 68.51/68.52).

Published 06 Oct, 2008 12:00am

Indian shares may remain weak on global turmoil

Indian shares were expected to remain under pressure due to uncertainty over the revised bailout package for the troubled US financial sector, dealers said.

Published 06 Oct, 2008 12:00am

Hong Kong shares to face volatility as US troubles continue

Hong Kong share prices will remain volatile, as investors continue to cower from the market on worries about the health of the US financial sector and economy, dealers said. For the week ending October 3, the benchmark Hang Seng Index dropped 5.4 percent

Published 06 Oct, 2008 12:00am

US sanctions financial firewall for Iran and Syria?

Syria and Iran, both targeted by US sanctions, proclaim that their "independent" economies will suffer less than others from global financial turmoil. But economists in the region say neither Tehran nor Damascus will be immune from the credit crunch sprea

Published 06 Oct, 2008 12:00am

Forty-two face trial over French 'Angolagate'

Forty-two people including the son of late French president Francois Mitterrand and dozens of businessman, politicians and public figures go on trial Monday over a vast "arms-to-Angola" scandal.

Published 06 Oct, 2008 12:00am

Rice hails Kazakhstan ties amid Afghanistan, Georgia concerns

US Secretary of State Condoleezza Rice said on Sunday Kazakhstan would remain a linchpin of US policy in Central Asia amid security challenges around the region from Georgia to Afghanistan.

Published 06 Oct, 2008 12:00am

'Nigerians freed, foreigners still held'

The main militant group in the oil-producing Niger Delta said on Sunday it had released around 19 Nigerian oil workers kidnapped last month but was still holding two Britons and a Ukrainian.

Published 06 Oct, 2008 12:00am

Bomber strikes during US raid in Iraq, 11 killed

Eleven Iraqis were killed on Sunday during a US raid on a building in northern Iraq in which a suicide bomber detonated an explosive vest among civilians inside, the US military said. A US military spokesman said it was not clear how many of the victims d

Published 06 Oct, 2008 12:00am

US assesses its policy of isolating Syria

The United States is assessing its isolation policy of Syria in the final months of the Bush administration but is unlikely to return an ambassador to Damascus any time soon, said US officials and experts.

Published 06 Oct, 2008 12:00am

'Iran will not stop uranium enrichment'

Iran will not stop uranium enrichment even if it is guaranteed supplies of nuclear fuel from abroad, Iranian Foreign Minister Manouchehr Mottaki said on Sunday. Iran's ambassador to the UN nuclear watchdog, Ali Asghar Soltanieh, was quoted as saying on Th

Published 06 Oct, 2008 12:00am

Khatami may run for presidency again

Iran's reformist former president Mohammad Khatami has revealed he is considering running for the post again next year, the local press reported on Sunday. A number of reformist parties and prominent figures have called on Khatami to stand in the June 12

Published 06 Oct, 2008 12:00am

18 illegal immigrants perish in Turkey

A small truck carrying illegal immigrants overturned on a Turkish highway near the border with Greece on Sunday, killing 18 people and injuring 23 others, Anatolian state news agency said. It said most the dead were from Myanmar. The accident happened in

Published 06 Oct, 2008 12:00am

At least 33 killed in ethnic violence in Northeast India

At least 33 people have been killed and thousands left homeless in violence over the weekend between tribal people and Bangladeshi settlers in north-east India, police and hospital authorities said.

Published 06 Oct, 2008 12:00am

Land dispute claims five lives in Waziristan

Land dispute between two tribal groups on Sunday claimed the lives of persons and another three sustained injuries in restive North Waziristan Agency. An official of political administration said the bloody shootout occurred at Shewa village in Tehsil Mir

Published 06 Oct, 2008 12:00am

Enough is enough

The Americans, after their poor performance in Afghanistan, are suggesting that Nato, Afghan and Pak forces be organised to deal with Taliban in the tribal areas of Pakistan. They want to lure Pakistan by offering some cookies in the shape of economic and

Published 06 Oct, 2008 12:00am

Well done, CDGK

Through your esteemed daily, I congratulate the City District Government Karachi for making good arrangements to control traffic during Ramazan with the help of volunteers, due to which no major traffic jam was witnessed anywhere in the city in the holy m

Published 06 Oct, 2008 12:00am

Rover's diary: redesigning of national security policy

Now that the parliamentarians would be back from the pro-longed Eid holidays, I hope the first thing on their agenda is an in-camera briefing by the government and the military on national security. (Though I shouldn't be mentioning military separately as

Published 06 Oct, 2008 12:00am

Indonesian steel town prepares for privatisation

Like its volcanic namesake nearby, state-owned Krakatau Steel looms large over this part of Indonesia. Its aged, weather-beaten plants in Cilegon, West Java, push out 2.5 million tonnes of rolled coil and flat steel a year -- enough to build around 4 mill

Published 06 Oct, 2008 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 7	278
USD PKR Interbank Buying / Nov 7	277.85
USD to Japanese Yen / Nov 7	154.11
USD to Swiss Franc / Nov 7	0.88
Pound Sterling to USD / Nov 7	1.29
Euro to USD / Nov 7	1.07

Stock	Volume
S&P 500 / Nov 6	5,929.04
Nasdaq / Nov 6	18,983.46
FTSE 100 / Nov 6	8,166.68
Dow Jones / Nov 6	43,729.93
Germany DAX 30 / Nov 6	19,039.31
France CAC40 / Nov 6	7,369.61
India Sensex / Nov 7	79,507.26
Tokyo Nikkei / Nov 7	39,366.94

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Gold 10 Grams PKR / Nov 6	242,941
Petrol/Litre / Nov 7	248.38
Crude Oil USD/Barrel / Nov 7	72.04
Gold Spot USD/Ounce / Nov 7	2,657.92
Diesel/Litre / Nov 7	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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