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Print - 2008-11-03
Kumble, a spin king with a difference

Kumble, a spin king with a difference

Anil Kumble announced his retirement from Test cricket here on Sunday, leaving India with a huge task of finding a consistent match-winning spinner. The 38-year-old will always be remembered for his magical spell against Pakistan here in 1999 when he beca
Published 03 Nov, 2008 12:00am
Traders selling ghee at higher rates

Traders selling ghee at higher rates

Traders in Multan and other parts of southern Punjab continue to sell ghee at higher rates even after government announcement to reduce ghee prices up to Rs 48 per kg.
Published 03 Nov, 2008 12:00am
'Medicines worth Rs 180 million provided free to patients'

'Medicines worth Rs 180 million provided free to patients'

Punjab Population Welfare Minister, Neelam Jabbar has said that her department had been providing medicines for general ailments for the last five years and gave medicines worth of Rs180 million to the general people.
Published 03 Nov, 2008 12:00am
Rana Aftab to lead PPP rally on November 5

Rana Aftab to lead PPP rally on November 5

Rana Aftab Ahmad Khan, President PPP Punjab will lead a rally from Lahore party office, Faisal Town to Faisalabad on November 5 (11:00am). This would be first rally of PPP president to his hometown after being appointed to the post by President Asif Ali Z
Published 03 Nov, 2008 12:00am
Three day congregation of Dawat-i-Islami concludes

Three day congregation of Dawat-i-Islami concludes

Three day congregation of 'Dawat-i-Islami' concluded with the collective prayers on Sunday noon, which was attended by one million faithfuls, as claimed by a spokesman of the Dawat-i-Islami. Before the Zohar prayers Qari Saleem made Dua for the security,
Published 03 Nov, 2008 12:00am
DCOs asked to ensure sale of ghee at Rs 98 per kg

DCOs asked to ensure sale of ghee at Rs 98 per kg

Chairman Task force on Essential Items S.A. Hameed has instructed the district co-ordination officers (DCOs) to ensure the sale of ghee at Rs 98 per kg. Presiding over a meeting in connection with the sale of ghee at new prices, he said that DCOs have als
Published 03 Nov, 2008 12:00am
Trainee doctors delighted over raise in stipend

Trainee doctors delighted over raise in stipend

Punjab Minister for Culture and Youth Affairs, Dr Tanveer ul Islam has said that 50 percent increase in the salaries of young doctors announced by the Chief Minister, Punjab, Mian Muhammad Shahbaz Sharif has delighted the doctors' community with a wave of
Published 03 Nov, 2008 12:00am
487 vehicles worth about Rs 200 million recovered

487 vehicles worth about Rs 200 million recovered

Anti-vehicles lifting staff has recovered 487 vehicles worth about Rs 200 million during the current year which include Suzuki Mehran, Toyota Corolla, Suzuki Cultus, Suzuki Khyber as well as other vehicles.
Published 03 Nov, 2008 12:00am
Jamaat-i-Islami to join lawyers 'Black Day'

Jamaat-i-Islami to join lawyers 'Black Day'

The Naib Amir of Jamaat-i-Islami Liaquat Baluch said that Pakistan Muslim League-Nawaz (PML-N) on one hand supporting lawyers' movement but on the other also co-operating with Pakistan Peoples Party (PPP) government was in coalition with it in Punjab Prov
Published 03 Nov, 2008 12:00am
Lawyers to take out protest rally today

Lawyers to take out protest rally today

Lahore High Court Bar Association in protest of November 3, 2007 action by former president Pervez Musharraf will take out a protest rally in Lahore during the day. The Association will hold a General House Meeting prior to this event. The lawyers in orde
Published 03 Nov, 2008 12:00am
Thar Coal Board to meet in Hong Kong or Dubai shortly

Thar Coal Board to meet in Hong Kong or Dubai shortly

Thar Coal and Energy Board (TCEB) has decided to hold second investors round table conference at Hong Kong or Dubai very soon. It was also decided that the meeting of Board would be regularly held every month. The CM stressed the need to accelerate pace o
Published 03 Nov, 2008 12:00am
Sindh University conducts pre-entry test for Bachelors Degree programme

Sindh University conducts pre-entry test for Bachelors Degree programme

The University of Sindh has conducted pre entry test for admissions to all 55 disciplines for Bachelors Degree programme for the academic session 2009 on Sunday. The pre entry test was conducted at Allama I.I.Kazi Campus Jamshoro by Sindh University Testi
Published 03 Nov, 2008 12:00am
Shujaat removes Sumaira from party leadership

Shujaat removes Sumaira from party leadership

President PML-Q Chaudhry Shujaat Hussain on Sunday removed the former Federal Minister and party's women wing President Sumaira Malik for violating party discipline.
Published 03 Nov, 2008 12:00am
'Government striving to steer country out of financial crisis'

'Government striving to steer country out of financial crisis'

The Advisor to Sindh Chief Minister for Anti-Corruption Establishment and Inquiries Gul Muhammad Lot has said that good governance was the key of prosperity of any nation and present government was focusing on the institutional development and eradication
Published 03 Nov, 2008 12:00am
Elahi opposes levy of farm tax on small farmers

Elahi opposes levy of farm tax on small farmers

Former chief minister of Punjab Chaudhry Pervaiz Elahi on Sunday strongly opposed the farm tax, saying that it would hit hard 91 percent of the farmers who own less than 12.5 acres of land.
Published 03 Nov, 2008 12:00am
Commodities fluctuations directionless under global uncertainties

Commodities fluctuations directionless under global uncertainties

Fluctuations were few on the commodity wholesale markets seemingly buying power gradually receding owing to worsening condition in the country while authorities talked about ways to overcome problems during the week ended on November 1, 2008.
Published 03 Nov, 2008 12:00am
PIA's first Haj flight leaves

PIA's first Haj flight leaves

PIA's first pre Haj flight from Karachi left on November 1, 2008 with 457 pilgrims on board, signalling the beginning of the national airline's massive Haj operation to Saudi Arabia from Karachi.
Published 03 Nov, 2008 12:00am
BIZTEK seminar on November 6

BIZTEK seminar on November 6

The Faculty of Management and Social Science, Institute of Business and Technology (BIZTEK) is holding a seminar on 'Global Economic Crisis: Its Impact on the Third World' on November 6, 2008 at its auditorium of the Main Campus, Ibrahim Hydri Road, Koran
Published 03 Nov, 2008 12:00am
Vocational institutions to resume classes from November 15

Vocational institutions to resume classes from November 15

The vocational and technical institutions being run under the auspices of National Vocational and Technical Education Commission (NAVTEC) in Punjab will commence the classes of 60 courses from November 15.
Published 03 Nov, 2008 12:00am
No substitute for self-determination: Gilani

No substitute for self-determination: Gilani

Senior Hurriyet leader, Syed Ali Gilani, has said that nothing can replace the Kashmiri's right to self-determination for the solution of longstanding dispute. Syed Ali Gilani in a statement issued in New Delhi said, "People of Kashmir at this juncture ar
Published 03 Nov, 2008 12:00am
Conference on dairy and wheat sowing from today

Conference on dairy and wheat sowing from today

Minister for Agriculture Punjab Malik Ahmad Ali Aullakh will inaugurate two-day international dairy conference and wheat sowing campaign at University of Agriculture, Faisalabad (UAF) today on November 3, 2008. The international conference is being organi
Published 03 Nov, 2008 12:00am
Expert stresses effective awareness drive on water quality

Expert stresses effective awareness drive on water quality

An effective campaign on awareness of water quality should be launched in educational institutions and for public through mass media while seminars and workshops are important events to disseminate the findings of research on water quality. An expert on H
Published 03 Nov, 2008 12:00am
PMAP demands fair distribution of relief to the victims

PMAP demands fair distribution of relief to the victims

Pashtunkhawa Milli Awami Party (PMAP) Chief, Mehmood Khan Achakzai has urged the Balochistan Chief Minister and the Governor to ensure transparent distribution of relief goods and donations' amounts announced internationally and nationally for the earthqu
Published 03 Nov, 2008 12:00am
Pakistan Aman Party set up fund for quake victims

Pakistan Aman Party set up fund for quake victims

Pakistan Aman Party on Sunday has established a relief fund for the earthquake affected people of Balochistan. A sum of Rs 1,00,000 has been donated by the chairman of Pakistan Awam Party Haji Muhammad Gulzar Awan in the fund.
Published 03 Nov, 2008 12:00am
Chairman NHA seeks NHMP help in saving national highways

Chairman NHA seeks NHMP help in saving national highways

Chairman National Highway Authority (NHA) Altaf Ahmed Chaudhry on Sunday appealed to the National Highways and Motorway Police (NH&MP) to help the authority in enforcing axle overload regime saving national highways from destruction.
Published 03 Nov, 2008 12:00am
Fai welcomes Obama's statement

Fai welcomes Obama's statement

The Executive Director of Kashmir Centre Washington, Dr Ghulam Nabi Fai has welcomed the recent statement of American Presidential candidate, Barack Obama in which he stressed to enhance understanding between Pakistan and India for resolving Kashmir dispu
Published 03 Nov, 2008 12:00am
Kashmiris should support political process: Shaukat

Kashmiris should support political process: Shaukat

Sardar Shaukat Ali Kashmiri, Chairman of UKPNP said, 'Elections are part of political process and people of Jammu and Kashmir should support this in order to strengthen and promote democracy and human rights'.
Published 03 Nov, 2008 12:00am
Armenia and Azerbaijan call for resolution of Karabakh dispute

Armenia and Azerbaijan call for resolution of Karabakh dispute

The leaders of bitter ex-Soviet foes Armenia and Azerbaijan on Sunday called for a peaceful resolution of their dispute over the Nagorny Karabakh region after peace talks near Moscow. A joint declaration signed by Azerbaijani President Ilham Aliyev and Ar
Published 03 Nov, 2008 12:00am
Iraq boosts security along Syrian border

Iraq boosts security along Syrian border

Iraq has dispatched extra police to boost security along its border with Syria a week after a US military raid into the neighbouring country, an interior ministry spokesman said on Sunday. The additional forces, from western Anbar province, were sent to s
Published 03 Nov, 2008 12:00am
Bangladeshi aid workers freed

Bangladeshi aid workers freed

Two Bangladeshi aid workers abducted in Afghanistan last month have been freed, their aid agency said on Sunday. Akhter Ali and Mohammad Shahjahan were employed by the Bangladesh Rural Advancement Committee (BRAC) which has been operating in Afghanistan s
Published 03 Nov, 2008 12:00am
Vietnam floods kill 30

Vietnam floods kill 30

Floods triggered by torrential rains in northern and central Vietnam have killed at least 30 people, state media said on Sunday, more than half of them in the capital Hanoi hit by the worst flooding in more than two decades. More flash floods were expecte
Published 03 Nov, 2008 12:00am
US election opens new fronts in 'culture war'

US election opens new fronts in 'culture war'

The US presidential campaign "culture war" has taken a new turn this year, but with just two days to go before the election, the souring economy has voters thinking with their pocketbooks rather than their passions.
Published 03 Nov, 2008 12:00am
Bangladesh military won't interfere in politics: UN chief

Bangladesh military won't interfere in politics: UN chief

UN Secretary-General Ban Ki-moon said Sunday he has secured assurances from Bangladesh's powerful military that it would not interfere in the country's transition to democracy. Bangladesh has been under a state of emergency since January 2007 when months
Published 03 Nov, 2008 12:00am
Thousands of Kurds protest Turkish Prime Minister's visit

Thousands of Kurds protest Turkish Prime Minister's visit

Turkish police clashed for a second day Sunday with thousands of Kurdish demonstrators protesting a visit by Prime Minister Recep Tayyip Erdogan to the country's restive Kurdish-majority south-east.
Published 03 Nov, 2008 12:00am
West warns of humanitarian crisis in DR Congo

West warns of humanitarian crisis in DR Congo

Thousands of displaced sought to return home Sunday in eastern DR Congo as a cease-fire held, but European diplomats warned 1.6 million were at risk despite a rebel charm offensive that included a parade. As the rebels who have taken control of sections o
Published 03 Nov, 2008 12:00am
Sri Lanka war flares with air, sea battles

Sri Lanka war flares with air, sea battles

Sri Lanka's air force on Sunday bombed a Tamil Tiger training base in the Indian Ocean nation's northern jungles, a day after a fierce sea battle killed 18 insurgents, the military said. The air raid struck a Liberation Tigers of Tamil Eelam (LTTE) camp n
Published 03 Nov, 2008 12:00am
Bomb kills two children in Iraq

Bomb kills two children in Iraq

A bomb killed two children and badly wounded two more as they played in an empty lot in the troubled northern Iraqi city of Kirkuk on Sunday, police there said. "The two children killed were seven and six years old, while two others were seriously injured
Published 03 Nov, 2008 12:00am
Russia and Libya sign civil nuclear deal

Russia and Libya sign civil nuclear deal

Libya and Russia signed a civil nuclear co-operation deal Saturday, Tripoli's foreign minister said, as Moamer Kadhafi visited Moscow for talks he said could help restore "geopolitical equilibrium".
Published 03 Nov, 2008 12:00am
Banda sworn in as Zambia's president

Banda sworn in as Zambia's president

Rupiah Banda was sworn in as Zambia's fourth president Sunday, just two hours after election officials announced his narrow victory in last week's presidential race. The country's chief justice Ernest Sakala gave Banda the oath of office in a ceremony out
Published 03 Nov, 2008 12:00am
Taiwan shares expected to extend limited gains

Taiwan shares expected to extend limited gains

Taiwan shares are expected to extend their gains next week on hopes the island and China will seal a deal to expand cross strait ties during a visit by a top Chinese negotiator, dealers said.
Published 03 Nov, 2008 12:00am
Malaysian shares likely to rebound

Malaysian shares likely to rebound

Malaysian stocks are set to rebound next week as investors continue to bargain-hunt for oversold, undervalued shares after the market dipped to a four-year low earlier in the week, dealers said.
Published 03 Nov, 2008 12:00am
Thailand shares likely to rise slightly

Thailand shares likely to rise slightly

Thai share prices are expected to rise as further bargain hunting is expected, an analyst said on Friday. "Market is likely to rise, driven by positive momentum from this week. We can expect further bargain hunting next week," said Pongrat Ratanatavananan
Published 03 Nov, 2008 12:00am
Bangladesh central bank takes reverse repos at 6.5 percent

Bangladesh central bank takes reverse repos at 6.5 percent

Bangladesh's central bank said it drained 1.63 billion taka ($23.7 million) from the banking system on Sunday through reverse repo operations, at a 6.50 percent interest rate. It accepted all the three bids it received for one-day reverse repo auctions, t
Published 03 Nov, 2008 12:00am
Volatile trading may continue in Tokyo bourse

Volatile trading may continue in Tokyo bourse

Volatile trading is expected to continue in the Tokyo as the stock market faces a host of uncertain factors, including the outlook for the yen, dealers said. "Trading is expected to remain rough next week as players are still nervous," said Hirokazu Fujik
Published 03 Nov, 2008 12:00am
Optimism for Australian stocks ahead of US election

Optimism for Australian stocks ahead of US election

Australia's stock market could be lifted by a win by Democratic hopeful Barack Obama in the US election and an expected cut in domestic interest rates, traders said on Friday. For the week ending October 31, the benchmark S&P/ASX200 rose 148.6 points, or
Published 03 Nov, 2008 12:00am
Weak corporate earnings may weigh down Singapore shares

Weak corporate earnings may weigh down Singapore shares

Weak corporate earnings due to an economic slump are likely to weigh down shares trading in Singapore next week, analysts said. The main Straits Times Index closed Friday at 1,794.20, up 193.92 points or 12.12 percent from the week before, benefiting from
Published 03 Nov, 2008 12:00am
Hong Kong shares may go on way to recovery

Hong Kong shares may go on way to recovery

Hong Kong share prices are set to go through a slow but gradual recovery next week, as investors regain confidence after days of rollercoaster trading, dealers said. For the week ending October 31, the benchmark Hang Seng Index was up 10.7 percent, or 1,3
Published 03 Nov, 2008 12:00am
Jakarta shares likely to rebound

Jakarta shares likely to rebound

Indonesian shares should continue to ahead of an decision on interest rates by the central bank, dealers said. Most dealers are looking for a rate cut to help prop up the falling rupiah, but Gundy Cahyadi, an economist at Singapore-based IdeaGlobal, said
Published 03 Nov, 2008 12:00am
JGBs gain after first BoJ rate cut in seven years

JGBs gain after first BoJ rate cut in seven years

Japanese government bonds gained on Friday, recovering from an earlier drop after the Bank of Japan cut interest rates for the first time in seven years, joining a global wave of monetary easing to contain a world-wide financial crisis.
Published 03 Nov, 2008 12:00am
JGBs gain after first BoJ rate cut in seven years

JGBs gain after first BoJ rate cut in seven years

Japanese government bonds gained on Friday, recovering from an earlier drop after the Bank of Japan cut interest rates for the first time in seven years, joining a global wave of monetary easing to contain a world-wide financial crisis.
Published 03 Nov, 2008 12:00am
Philippines shares to take cue from US market

Philippines shares to take cue from US market

The Philippines stock market is likely to remain volatile next week taking its lead from Wall Street, dealers said. The market plunged to a four-year low this week before recovering lost ground in bargain hunting. Investors, however, remain jittery due to
Published 03 Nov, 2008 12:00am
Wall Street seeks to extend resuscitation of ailing economy

Wall Street seeks to extend resuscitation of ailing economy

Wall Street seeks to extend fragile resuscitation of a recession in the US and global economies, but the key question for traders now is whether the heavy doses of medicine from governments around the world will lead to quick recovery. The coming week how
Published 03 Nov, 2008 12:00am
Kumble quits as India-Australia Test ends in draw

Kumble quits as India-Australia Test ends in draw

The third Test between India and Australia ended in a tame draw here on Sunday but not before the host captain Anil Kumble announced his retirement from Test cricket. The Indians declared their second innings on 208-5 to set the tourists an improbable tar
Published 03 Nov, 2008 12:00am
Turkish Airlines may beat sales target

Turkish Airlines may beat sales target

Turkish Airlines, one of Europe's fastest growing airlines, should beat its 2008 sales target of $4.5 billion in dollar terms despite the financial crisis, but profitability is slipping, its chief executive said on October 30.
Published 03 Nov, 2008 12:00am
Man-made climate change seen in Antarctica, Arctic

Man-made climate change seen in Antarctica, Arctic

Both Antarctica and the Arctic are getting less icy because of global warming, scientists said on October 30 in a study that extends evidence of man-made climate change to every continent.
Published 03 Nov, 2008 12:00am
Study finds harm in transfusions of older blood

Study finds harm in transfusions of older blood

Patients given transfusions of blood stored 29 days or longer - well within US standards - are twice as likely to get a hospital-acquired infection as those getting newer blood, researchers said. US Food and Drug Administration regulations allow for blood
Published 03 Nov, 2008 12:00am
Climate-warming methane levels rose fast in 2007

Climate-warming methane levels rose fast in 2007

Levels of climate-warming methane - a greenhouse gas 25 times as potent as carbon dioxide - rose abruptly in Earth's atmosphere last year, and scientists who reported the change don't know why it occurred.
Published 03 Nov, 2008 12:00am
'T-Mobile may violate foreign ownership rule'

'T-Mobile may violate foreign ownership rule'

T-Mobile, which is owned by Deutsche Telekom AG, may be in violation of a federal rule barring more than 20 per cent foreign ownership, according to a letter sent to the company by a US regulator.
Published 03 Nov, 2008 12:00am
The computer helper: don't get scammed

The computer helper: don't get scammed

Online scammers are out in full force these days. They'll try to dupe you by e-mail or through websites. And they typically want one of two things: your money or your personal information. To make sure you don't give them either, you need to keep abreast
Published 03 Nov, 2008 12:00am
New technology designed for Handicapped

New technology designed for Handicapped

Folding electronic carts and text-reading mobile phones are just some of the latest gadgets exhibited at the recent Rehacare Fair in Dusseldorf for the handicapped. Around 758 exhibitors from 30 countries attended the show. The first there's Luggie, a fol
Published 03 Nov, 2008 12:00am
EA makes games for Android mobile phone

EA makes games for Android mobile phone

Videogame titan Electronic Arts (EA) on Wednesday (October 29) unveiled titles tailored for play on freshly-launched "Google phones" running on Android open-source software. Globally popular "Tetris" is available for the first of what is expected to be an
Published 03 Nov, 2008 12:00am
Long term future for mobile broadband

Long term future for mobile broadband

Japan embraces long-term future for the mobile broadband. A message received here on Monday (October 27) said that the NTT DOCOMO has selected Fujitsu to provide Nokia Siemens Networks' Core Technology for its Super 3G / Long Term Evolution Core Network.
Published 03 Nov, 2008 12:00am
Banks and telcos to decide on cellphone-wallets

Banks and telcos to decide on cellphone-wallets

The potentially lucrative business of cellphone wallets is waiting for banks and telecom operators to agree on each one's role and possible revenue flow in the future. Technology for paying with cellphones by just flashing them near reading equipment in s
Published 03 Nov, 2008 12:00am
Email, Web surfing most popular personal uses for work PC

Email, Web surfing most popular personal uses for work PC

It probably wouldn't shock most bosses, but three out of four of their employees are using their work computers for email, shopping, surfing and other personal business, according to a survey released on Monday (October 27).
Published 03 Nov, 2008 12:00am
Apple reworks its laptop line

Apple reworks its laptop line

Quicker graphics, cutting edge processors, and a completely novel aluminium casing: those are the highlights of the completely reworked laptop line from Apple, as presented by CEO Steve Jobs at a recent press conference in Cupertino.
Published 03 Nov, 2008 12:00am
Technology titans to adopt human rights code of conduct

Technology titans to adopt human rights code of conduct

US technology giants Google, Microsoft and Yahoo and a coalition of human rights and other groups on Tuesday (October 27) unveiled a code of conduct aimed at safeguarding online freedom of speech and privacy.
Published 03 Nov, 2008 12:00am
Telenor entering Indian mobile market

Telenor entering Indian mobile market

Norwegian telecommunications operator Telenor is to acquire a 60 per cent stake in the Indian Unitech Wireless for 1.07 billion dollars (840 million euros), it announced on Wednesday (October 29) after revealing disappointing third quarter results.
Published 03 Nov, 2008 12:00am
Yahoo and AOL in due diligence on combination

Yahoo and AOL in due diligence on combination

Yahoo Inc and Time Warner Inc's AOL unit are engaged in "meaningful" due diligence about a possible combination, but a deal is not imminent, a person familiar with the talks said on Wednesday (29 Oct).
Published 03 Nov, 2008 12:00am
Asus's Eee Top puts display in PC

Asus's Eee Top puts display in PC

Computer maker Asus is now offering a PC in the style of Apple's iMac: all hardware is contained within the monitor. The Eee Top features a touch-sensitive 40-centimetre screen, the company announced.
Published 03 Nov, 2008 12:00am
What is LAN port?

What is LAN port?

Need to share a LAN port among computers? No problem. Look at your local electronics dealer for a device called a "switch." Networking switches are relatively inexpensive and come in versions that allow you to plug in anywhere from four to several dozen c
Published 03 Nov, 2008 12:00am
How to share a computer?

How to share a computer?

If you share a computer, be sure to create a separate account for each user. That way, each person can have his or her own desktop, settings and privacy. You can create separate accounts in the User Accounts Control Panel in Windows XP and Vista. Just mak
Published 03 Nov, 2008 12:00am
Is text hard to read on Internet?

Is text hard to read on Internet?

Text hard to read in Internet Explorer? You can increase or decrease text size in a couple of ways. First, if you have a scroll wheel mouse, just hold down the Ctrl key and scroll the wheel forward to increase text size; scroll it backward to decrease tex
Published 03 Nov, 2008 12:00am
Microsoft returns to numeric

Microsoft returns to numeric

Microsoft has announced that its successor to Windows Vista will be called Windows 7. Microsoft reportedly decided to abandon the naming schemes of the recent past in favour of the simpler numerical names of the Windows 3.1 era.
Published 03 Nov, 2008 12:00am
IN SHORT: how to maximise life expectancy of CDs and DVDs?

IN SHORT: how to maximise life expectancy of CDs and DVDs?

Want to maximise the life expectancy of your writable CDs and DVDs? Always store recordable disks in their original jewel cases or caddies to minimise contaminants and reduce the possibility of surface damage. Never store writable CDs and DVDs on top of a
Published 03 Nov, 2008 12:00am
Saudi Savola sees new buys

Saudi Savola sees new buys

Saudi Arabia's Savola Group is reviewing investment priorities, especially new projects, because the global financial turmoil has brought new acquisition opportunities, the firm's top executive said. The company, active mainly in sugar, edible oils and re
Published 03 Nov, 2008 12:00am
Mazda beats expectations in first half

Mazda beats expectations in first half

Japan's Mazda Motor Corp said on October 30 it beat expectations in the first half on strong car sales in China and Europe but it cut its full-year profit estimates as the economic crisis clouds the picture.
Published 03 Nov, 2008 12:00am
Mazda beats expectations in first half

Mazda beats expectations in first half

Japan's Mazda Motor Corp said on October 30 it beat expectations in the first half on strong car sales in China and Europe but it cut its full-year profit estimates as the economic crisis clouds the picture.
Published 03 Nov, 2008 12:00am
Alcoa eyes growth in Russian aluminium demand

Alcoa eyes growth in Russian aluminium demand

Alcoa Inc will sell 60 percent of its Russian-made aluminium products to domestic customers this year, up from 50 percent in 2007, as the US firm bets on Russia's economy riding out the global financial crisis.
Published 03 Nov, 2008 12:00am
Sharp posts 35 percent profit drop

Sharp posts 35 percent profit drop

Japan's Sharp Corp said on October 30 its net profit in the first half slumped 35 percent due to the global economic downturn that has eroded demand for its products and forced prices down. The company said in a statement that net profit fell to 28 billio
Published 03 Nov, 2008 12:00am
Sharp posts 35 percent profit drop

Sharp posts 35 percent profit drop

Japan's Sharp Corp said on October 30 its net profit in the first half slumped 35 percent due to the global economic downturn that has eroded demand for its products and forced prices down. The company said in a statement that net profit fell to 28 billio
Published 03 Nov, 2008 12:00am
Turkish Airlines may beat sales target

Turkish Airlines may beat sales target

Turkish Airlines, one of Europe's fastest growing airlines, should beat its 2008 sales target of $4.5 billion in dollar terms despite the financial crisis, but profitability is slipping, its chief executive said on October 30.
Published 03 Nov, 2008 12:00am
Superstars crush England to collect jackpot win

Superstars crush England to collect jackpot win

The Stanford Superstars made the quickest million dollars of any group of cricketers in history after thrashing England by 10 wickets in the Stanford Twenty20 finale here Saturday. Chasing a target of just 100 runs, the Superstars, a collection of experie
Published 03 Nov, 2008 12:00am
'South Korean financial system sound despite turmoil'

'South Korean financial system sound despite turmoil'

South Korea's financial system is resilient enough to absorb external shocks thanks to stricter risk management regimes implemented while experiencing two major crises in the past 11 years, the central bank said on Sunday.
Published 03 Nov, 2008 12:00am
'Greece's National Bank to decide on rescue plan'

'Greece's National Bank to decide on rescue plan'

Greece's largest lender National Bank has not decided yet whether it will take part in the government's 28 billion euro ($35.78 billion) rescue plan, its chief executive said in a newspaper interview published on Sunday.
Published 03 Nov, 2008 12:00am
Japanese firms hit by global crisis, stronger yen: survey

Japanese firms hit by global crisis, stronger yen: survey

The global economic slowdown, a stronger yen and higher prices for fuel and raw materials hit the profits of major Japanese firms in the six months to September, according to a survey published Sunday.
Published 03 Nov, 2008 12:00am
China vows to wipe out tainted animal feed

China vows to wipe out tainted animal feed

China has vowed to wipe out the "dark" trade of adding the chemical melamine to animal feed, with at least one industry expert claiming fake feed is an established trade in parts of the country's rural heartlands.
Published 03 Nov, 2008 12:00am
Oil markets diverse, no floating stockpile: Iran

Oil markets diverse, no floating stockpile: Iran

Iran is maintaining diversity in its markets for oil sales and is not switching from Europe to Asia, a senior Iranian energy official said on Sunday. Iran said on Saturday it had reduced sales of crude by 70,000 barrels per day (bpd) to a European buyer,
Published 03 Nov, 2008 12:00am
No need to rush back Ferguson, says Smith

No need to rush back Ferguson, says Smith

Rangers manager Walter Smith says he must ease club captain Barry Ferguson back into his side after he returned from injury as a substitute in the club's 5-0 rout of Inverness Caledonian Thistle on Saturday. Ferguson made his first appearance of the seaso
Published 03 Nov, 2008 12:00am
Golden Goosen triumphs in Iskandar Johor Open

Golden Goosen triumphs in Iskandar Johor Open

South African star Retief Goosen ended a frustrating 21-month title drought with a magnificent two-stroke victory at the Iskandar Johor Open on Sunday.
Published 03 Nov, 2008 12:00am
Roma bosses back under-fire Spalletti

Roma bosses back under-fire Spalletti

AS Roma management have dismissed speculation that under-fire coach Luciano Spalletti's job is under threat. The capital-based club fell to a 2-0 defeat at Juventus on Saturday night and have lost six of their first nine Serie A matches, including the las
Published 03 Nov, 2008 12:00am
Wenger sweats on injured trio after Stoke misery

Wenger sweats on injured trio after Stoke misery

Arsene Wenger admitted that Arsenal are waiting on news of three 'very bad injuries' to Theo Walcott, Emmanuel Adebayor and Bacary Sagna after a disastrous 2-1 defeat at Stoke City.
Published 03 Nov, 2008 12:00am
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