AGL 35.20 Decreased By ▼ -0.50 (-1.4%)
AIRLINK 123.23 Decreased By ▼ -10.27 (-7.69%)
BOP 5.04 Increased By ▲ 0.07 (1.41%)
CNERGY 3.91 Decreased By ▼ -0.12 (-2.98%)
DCL 8.15 Decreased By ▼ -0.27 (-3.21%)
DFML 44.22 Decreased By ▼ -3.18 (-6.71%)
DGKC 74.35 Decreased By ▼ -0.65 (-0.87%)
FCCL 24.47 Increased By ▲ 0.22 (0.91%)
FFBL 48.20 Increased By ▲ 2.20 (4.78%)
FFL 8.78 Decreased By ▼ -0.15 (-1.68%)
HUBC 145.85 Decreased By ▼ -8.25 (-5.35%)
HUMNL 10.85 Decreased By ▼ -0.15 (-1.36%)
KEL 4.00 Decreased By ▼ -0.06 (-1.48%)
KOSM 8.00 Decreased By ▼ -0.88 (-9.91%)
MLCF 32.80 Increased By ▲ 0.05 (0.15%)
NBP 57.15 Decreased By ▼ -0.65 (-1.12%)
OGDC 145.35 Increased By ▲ 2.55 (1.79%)
PAEL 25.75 Decreased By ▼ -0.26 (-1%)
PIBTL 5.76 Decreased By ▼ -0.16 (-2.7%)
PPL 116.80 Increased By ▲ 2.20 (1.92%)
PRL 24.00 Decreased By ▼ -0.15 (-0.62%)
PTC 11.05 Decreased By ▼ -0.42 (-3.66%)
SEARL 58.41 Increased By ▲ 0.41 (0.71%)
TELE 7.49 Decreased By ▼ -0.22 (-2.85%)
TOMCL 41.10 Decreased By ▼ -0.04 (-0.1%)
TPLP 8.31 Decreased By ▼ -0.36 (-4.15%)
TREET 15.20 Increased By ▲ 0.12 (0.8%)
TRG 55.20 Decreased By ▼ -4.70 (-7.85%)
UNITY 27.85 Decreased By ▼ -0.15 (-0.54%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 8,528 Increased By 68.1 (0.8%)
BR30 26,868 Decreased By -400.5 (-1.47%)
KSE100 81,459 Increased By 998 (1.24%)
KSE30 25,800 Increased By 331.7 (1.3%)
Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-12-28
Financiers agree to settle outstanding CFS issue

Financiers agree to settle outstanding CFS issue

The financiers have agreed to settle the outstanding CFS issue and the proposed CFS Mk-II square-up scheme will be started from Sunday (today). In this regard the National Clearing Company of Pakistan Limited has issued consent letters of the proposed CFS
Published 28 Dec, 2008 12:00am
Indian and Pakistani leaders move to diffuse tensions

Indian and Pakistani leaders move to diffuse tensions

The leaders of India and Pakistan on Saturday vowed to refrain from war, a day after Pakistan deployed some of its troops on Indian border. Pakistani Prime Minister Yousaf Raza Gilani said his country was "peace-loving, and does not want war or aggression
Published 28 Dec, 2008 12:00am
Indian and Pakistani leaders move to diffuse tensions

Indian and Pakistani leaders move to diffuse tensions

The leaders of India and Pakistan on Saturday vowed to refrain from war, a day after Pakistan deployed some of its troops on Indian border. Pakistani Prime Minister Yousaf Raza Gilani said his country was "peace-loving, and does not want war or aggression
Published 28 Dec, 2008 12:00am
The Weather

The Weather

The weather report on Saturday (December 27, 2008) and the forecast for Sunday (December 28, 2008).

Published 28 Dec, 2008 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Sunday, (December 28, 2008).

Published 28 Dec, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Sunday, (December 28, 2008).

Published 28 Dec, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Sunday, (December 28, 2008).

Published 28 Dec, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from December 29, 2008.

Published 28 Dec, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from December 29, 2008.

Published 28 Dec, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from December 29, 2008.

Published 28 Dec, 2008 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (December 27, 2008).

Published 28 Dec, 2008 12:00am
Chinese indium prices fall

Chinese indium prices fall

Spot indium prices in the east Chinese market fell 3 percent on the week, despite China's drive to raise government metal stockpiles by buying indium for the first time ever. China's State Reserves Bureau bought 30 tonnes of indium, used in making LCD scr
Published 28 Dec, 2008 12:00am
Gazprom says Ukraine has non-cash options to pay gas debt

Gazprom says Ukraine has non-cash options to pay gas debt

Crisis-stricken Ukraine may count its $2 billion debt for Russian gas deliveries against future fees for Russian gas transit to European customers, a Gazprom spokesman said on Saturday. Russia and Ukraine are locked in a gas dispute, the fourth in four ye
Published 28 Dec, 2008 12:00am
KCBT wheat futures end 2.7 percent higher

KCBT wheat futures end 2.7 percent higher

Hard red winter wheat futures on the Kansas City Board of Trade ended 2.7 percent higher on Friday as year-end short covering lifted the market. The benchmark March ended 16-1/4 cents, or 2.7 percent, higher after climbing as high as $6.20 on the day.
Published 28 Dec, 2008 12:00am
Activity at Karachi and Qasim port

Activity at Karachi and Qasim port

The Karachi Port handled 80,821 tonnes of cargo including 57,217 tonnes of import, 23,604 tonnes of export, 1,881 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Saturday. The freights comprised of 38,700 tonnes of dry carg
Published 28 Dec, 2008 12:00am
FOB Gulf corn and soy offers steady

FOB Gulf corn and soy offers steady

US corn and soybean basis offers held steady on Friday but prices in the interior barge market were inverted, with exporters paying a premium for nearby shipment, traders said. Corn and soybeans have firm tone due to weeks of little farmer selling.
Published 28 Dec, 2008 12:00am
US Midwest corn, soy bids mostly steady

US Midwest corn, soy bids mostly steady

Spot corn and soybean basis bids were mostly steady at US Midwest processors and elevators on Friday amid light, scattered sales of both commodities after a rally in futures prices, dealers said. Farmer selling of soybeans was a bit more active than corn
Published 28 Dec, 2008 12:00am
US corn futures end above $4

US corn futures end above $4

US corn futures on the Chicago Board of Trade closed above $4 a bushel on Friday - the first time in seven weeks as worries about South American crop weather led to a technical rally, traders said. Higher crude oil added support. March corn ended 14-1/4 c
Published 28 Dec, 2008 12:00am
Japan smelters aim to nearly double 2009 copper fees

Japan smelters aim to nearly double 2009 copper fees

Japanese smelters will push for their first hike in copper processing fees in more than three years in 2009, aiming to almost double the price due to an expected rise in the raw material's availability, industry officials said.
Published 28 Dec, 2008 12:00am
US copper up two percent

US copper up two percent

US copper futures settled up over 2 percent on Friday in a technical rebound from fresh 4-year lows made overnight, with a weak dollar providing support in extremely light holiday turnover. Copper for March delivery closed up 2.95 cents at $1.3035 a lb on
Published 28 Dec, 2008 12:00am
New York cotton futures end off

New York cotton futures end off

US cotton futures ended down in holiday-shortened trade on Friday after a failed attempt to break out above the weekly high touched off a light bout of liquidation and snapped a string of gains for the week, brokers said.
Published 28 Dec, 2008 12:00am
New York sugar lower

New York sugar lower

Raw sugar futures inched down to settle weak Friday, a range bound move in quiet dealings the day after the Christmas holiday with light pressure from the firm US dollar, brokers said. The market was closed Thursday. It traded in an abbreviated session wi
Published 28 Dec, 2008 12:00am
New York coffee higher

New York coffee higher

Arabica coffee futures crept up to close firm Friday, in meager, range bound dealings after the market was closed for the Christmas holiday Thursday, traders said. The market traded in an abbreviated session with ICE agricultural products trading the elec
Published 28 Dec, 2008 12:00am
Cold front keeps rains coming in Brazil soy zones

Cold front keeps rains coming in Brazil soy zones

Rainfall has been steady if not particularly heavy in most of Brazil's soy-growing areas, private weather forecaster Somar said Friday, boosting soil moisture during the crop's development. Total rainfall has been well below average for December at betwee
Published 28 Dec, 2008 12:00am
US crude futures climb back

US crude futures climb back

US crude futures climbed back above $39 a barrel, rising 0.9 percent after falling 2.3 percent a day earlier, as Opec's talk of a possible emergency meeting countered concerns about falling demand in a weak global economy. NYMEX crude for February deliver
Published 28 Dec, 2008 12:00am
China buys 300,000 tonnes of aluminium for reserves

China buys 300,000 tonnes of aluminium for reserves

China's State Reserves Bureau (SRB) has agreed to buy 300,000 tonnes of aluminium at 12,300 yuan ($1,800) per tonne in January to support producers, trading and industry sources said on Thursday. The SRB will buy around half the aluminium from Chalco, the
Published 28 Dec, 2008 12:00am
US wheat futures rise

US wheat futures rise

US wheat futures rallied on Friday, with the spot month Chicago Board of Trade contract closing at a 2-1/2 month high, on follow-through technical buying from strong gains earlier in the week, traders said. The Chicago Board of Trade March wheat futures c
Published 28 Dec, 2008 12:00am
US soybean futures hit seven-week top

US soybean futures hit seven-week top

US soybean futures on the Chicago Board of Trade rallied to a seven-week top as worries about dryness in South America spurred technical buying, traders said. Higher crude oil also supportive. January soybeans ended 36 cents higher at $9.51-3/4 a bushel,
Published 28 Dec, 2008 12:00am
CCC buys 16,310 tons of HRW wheat

CCC buys 16,310 tons of HRW wheat

The US Agriculture Department said that it bought 16,310 tonnes of US hard red winter wheat for donation to Uganda and Malawi. The purchase was valued at $4.0 million. The US agency bought 7,000 tonnes for Uganda from Louis Dreyfus Corp at $245.17 per ton
Published 28 Dec, 2008 12:00am
US rice futures end mostly firm

US rice futures end mostly firm

US rough rice futures at the Chicago Board of Trade ended mostly higher on Friday in light holiday trade, following the other CBOT grains and crude oil markets higher, traders said. Activity centered around the January/March spread, which weakened - movin
Published 28 Dec, 2008 12:00am
US cocoa finishes flat

US cocoa finishes flat

US cocoa futures settled flat Friday, in exceptionally thin dealings and sideways trade after the Christmas holiday Thursday, traders said. Agricultural futures trading on the ICE electronic platform will close early at 2:15 pm (1915 GMT), instead of the
Published 28 Dec, 2008 12:00am
Dollar weakness gives US gold futures early push up

Dollar weakness gives US gold futures early push up

US gold futures edged higher in thin holiday trade early Friday as a slightly weaker dollar against the euro made precious metals a better buy for non-US investors. Gold for February delivery was up 20 cents at $848.20 an ounce by 9:47 am EST (1447 GMT) o
Published 28 Dec, 2008 12:00am
China to offer incentives to scrap old cars: state media

China to offer incentives to scrap old cars: state media

China plans to offer incentives for car owners to scrap their old models in favour of new ones, in a bid to lift the auto industry as it enters a period of crisis, state media said Saturday. The measure is part of a new package being prepared in Beijing a
Published 28 Dec, 2008 12:00am
Italy waits Europe, US moves on autos

Italy waits Europe, US moves on autos

Italy is waiting to see what help the United States and Europe plan for carmakers and is looking more at incentives for greener cars than direct help for companies, Industry Minister Claudio Scajola told a newspaper. "We want to move ... in tandem with Eu
Published 28 Dec, 2008 12:00am
Car production in Thailand projected to fall in 2009

Car production in Thailand projected to fall in 2009

Rapidly sliding global demand is expected to cut Thai automobile production by more than 35 per cent next year, said a report Saturday.The number of vehicles produced could drop from 1.4 million this year to less than 1 million, if domestic sales fall 10
Published 28 Dec, 2008 12:00am
BMW's Mini to grow in 2009, Skoda cuts targets: report

BMW's Mini to grow in 2009, Skoda cuts targets: report

BMW's Mini brand aims to grow next year in albeit deteriorating market conditions, which spoiled Volkswagen's Skoda brand growth plans, magazine auto motor und sport said on Saturday. "We will continue to raise sales in 2009 regardless of the global sales
Published 28 Dec, 2008 12:00am
South Korea's Lee says economy may shrink in H1 2009

South Korea's Lee says economy may shrink in H1 2009

South Korea looks headed for its first economic contraction in a decade, the country's president warned, reinforcing expectations of further interest rate cuts and fiscal stimulus to boost Asia's fourth largest economy. The comments by Lee Myung-bak were
Published 28 Dec, 2008 12:00am
Mexico suspends purchases from 30 US meat plants

Mexico suspends purchases from 30 US meat plants

Mexico suspended purchases from 30 US meat plants due to sanitary issues, which sent US cattle and hog prices sharply lower on Friday and prompted speculation the ban was retaliation against a US labelling law. Early on Friday, US analysts said the bans w
Published 28 Dec, 2008 12:00am
'Czech economy to grow at least two percent in 2009'

'Czech economy to grow at least two percent in 2009'

The Czech economy will grow by no less than 2 percent next year, although the gathering intensity of the economic crisis may cause that forecast to change, Finance Minister Miroslav Kalousek said on Saturday.
Published 28 Dec, 2008 12:00am
Oil prices to stabilise in January-February: Opec

Oil prices to stabilise in January-February: Opec

Many Opec member states have started reducing oil supply in line with the group's biggest-ever output cut agreed earlier this month and crude prices are expecteo begin stabilising within the next two months, Opec president said on Saturday.
Published 28 Dec, 2008 12:00am
China insurance premium growth slows in November

China insurance premium growth slows in November

Annual growth in Chinese insurance premiums slowed to 42 percent in the first 11 months of the year, down from 47 percent in January through October, state media cited the top insurance regulator as saying.
Published 28 Dec, 2008 12:00am
Unclear if GMAC met final hurdle for bailout funds

Unclear if GMAC met final hurdle for bailout funds

The financing arm of General Motors Corp wasn't immediately saying early Saturday whether it had met a midnight deadline to clear a final hurdle in its quest to become a bank holding company, which would allow it to access billions in federal bank bailout
Published 28 Dec, 2008 12:00am
Chinese companies to compensate tainted milk victims

Chinese companies to compensate tainted milk victims

Chinese dairy firms that sold baby formula tainted with the industrial chemical melamine will pay compensation to the families of nearly 300,000 children who were killed or sickened as a result, state media reported. Twenty-two dairy producers will soon m
Published 28 Dec, 2008 12:00am
Russian zero oil export duty premature: Kudrin

Russian zero oil export duty premature: Kudrin

Cutting Russia's oil export duty to zero would be premature since the plan, sought by the oil industry, does not take into account a weakening rouble, Finance Minister Alexei Kudrin said on Saturday. "It is too early to talk about it," Kudrin told Vesti 2
Published 28 Dec, 2008 12:00am
Turkish parliament cuts spending ahead of visit by IMF delegation

Turkish parliament cuts spending ahead of visit by IMF delegation

Turkey's parliament has reduced budget allocations of most ministries by up to 16 percent to cut spending as the country seeks a loan deal with the International Monetary Fund to mitigate effects of the global financial meltdown. The Parliament voted 324-
Published 28 Dec, 2008 12:00am
Iran can produce enough gas to avoid imports

Iran can produce enough gas to avoid imports

Iran can produce enough gas to meet domestic demand even in the absence of any imports from Turkmenistan, Iranian Oil Minister Gholamhossein Nozari said on Saturday, the Students news agency ISNA reported. Iran sits on the world's second-largest gas reser
Published 28 Dec, 2008 12:00am
Woolworths store closures start

Woolworths store closures start

Administrators began closing the stores of Woolworths - one of Britain's best known retailers - on Saturday. The household name, which sold everything from chocolate bars to toasters and televisions, is the highest profile retail casualty of the global fi
Published 28 Dec, 2008 12:00am
Poland may cut rates again

Poland may cut rates again

Poland will need further rate cuts if the economic slowdown deepens, a hawkish Monetary Policy Council (MPC) member said on Wednesday and the central bank head said the next cut could come as early as January. On Tuesday Poland's MPC delivered its biggest
Published 28 Dec, 2008 12:00am
Gulf Arab states set for monetary council in 2009

Gulf Arab states set for monetary council in 2009

Gulf Arab states are poised to launch a common monetary council, the precursor to a regional central bank, in 2009, the head of the Gulf Co-operation Council (GCC) said in remarks published on Tuesday. "We look forward to set up the monetary council of th
Published 28 Dec, 2008 12:00am
Vietnam to let dong dip three percent

Vietnam to let dong dip three percent

Vietnam's central bank will let the dong fall 3 percent against the dollar from December 25 in interbank transactions, a state-run newspaper quoted Governor Nguyen Van Giau as saying on Wednesday. The mid-point will be 16,988 dong per dollar on Thursday,
Published 28 Dec, 2008 12:00am
Dollar rises versus yen in New York

Dollar rises versus yen in New York

The US dollar rose versus the yen on Friday after data showing sharp declines in Japan's industrial output and inflation fuelled speculation the Bank of Japan would pump large amounts of cash into the economy. However, the dollar fell against the euro ami
Published 28 Dec, 2008 12:00am
IPOs to struggle in first part of New Year

IPOs to struggle in first part of New Year

The volatility in the stock market has eased, the banking system is steadier, and the most recent initial public offering is holding up well. Despite that good news, the slow US IPO market is unlikely to rebound until at least the middle of 2009, as inves
Published 28 Dec, 2008 12:00am
Argentine stocks rally

Argentine stocks rally

Argentine stocks rose on Friday in thin volume, fuelled by purchases of energy-related shares as US crude oil futures surged, traders said. The benchmark MerVal index rose 1.95 percent to end at 1,058.57, after shedding 9.55 percent in the previous four s
Published 28 Dec, 2008 12:00am
Chinese bond yields bounce near year-end

Chinese bond yields bounce near year-end

China's bond yields edged higher across the curve on Friday, buoyed by small-scale but urgent fund demand ahead of the New Year holiday, but shorter-term bill yields were mixed and money market rates largely unchanged. Dealers said trade was thin in the i
Published 28 Dec, 2008 12:00am
Chinese bond yields bounce near year-end

Chinese bond yields bounce near year-end

China's bond yields edged higher across the curve on Friday, buoyed by small-scale but urgent fund demand ahead of the New Year holiday, but shorter-term bill yields were mixed and money market rates largely unchanged. Dealers said trade was thin in the i
Published 28 Dec, 2008 12:00am
Mexican stocks slightly rise

Mexican stocks slightly rise

Mexican stocks rose slightly in thin trade on Friday, helped by gains in top cell phone operator American Movil and cement giant Cemex. Mexico's benchmark IPC stock index rose 0.78 percent to 22,515.34 points. The peso currency see-sawed in early trade, a
Published 28 Dec, 2008 12:00am
US shares up on energy stocks

US shares up on energy stocks

US stocks advanced on light volume on Friday as energy stocks climbed alongside oil prices while General Motors rose after its financing arm qualified for government funds, helping it stave off potential bankruptcy. The Federal Reserve opened the door for
Published 28 Dec, 2008 12:00am
Brazil stocks surge

Brazil stocks surge

Brazil's stocks rose on Friday as higher metals and crude prices lifted shares of energy giant Petrobras and mining company Vale. The Bovespa index of the Sao Paulo stock exchange rose 1.7 percent to 37,095.14 points.
Published 28 Dec, 2008 12:00am
Vietinbank raises $64 million in IPO

Vietinbank raises $64 million in IPO

Vietnam's fourth-largest lender by assets, state-run Vietinbank, raised $64 million by selling a 4 percent stake in an initial public offering, the Ho Chi Minh Stock Exchange said in a statement on Friday. Vietinbank sold 53.6 million shares at an average
Published 28 Dec, 2008 12:00am
Vietinbank raises $64 million in IPO

Vietinbank raises $64 million in IPO

Vietnam's fourth-largest lender by assets, state-run Vietinbank, raised $64 million by selling a 4 percent stake in an initial public offering, the Ho Chi Minh Stock Exchange said in a statement on Friday. Vietinbank sold 53.6 million shares at an average
Published 28 Dec, 2008 12:00am
US Treasury prices soar

US Treasury prices soar

US Treasury debt prices rose on Friday on safe-haven bidding and worry about the depth of the current recession, although yields remained within recent ranges in very quiet trade. The bond market was closed on Thursday for the Christmas Day holiday. Many
Published 28 Dec, 2008 12:00am
US Treasury prices soar

US Treasury prices soar

US Treasury debt prices rose on Friday on safe-haven bidding and worry about the depth of the current recession, although yields remained within recent ranges in very quiet trade. The bond market was closed on Thursday for the Christmas Day holiday. Many
Published 28 Dec, 2008 12:00am
Kiwi Styris out for six weeks

Kiwi Styris out for six weeks

New Zealand all-rounder Scott Styris will be sidelined for six weeks after breaking his thumb in the opening Twenty20 international against West Indies. Styris will undergo surgery to have a pin inserted in his thumb on Tuesday, New Zealand Cricket (NZC)
Published 28 Dec, 2008 12:00am
McDonald's volley hammers nail into Rangers title hopes

McDonald's volley hammers nail into Rangers title hopes

A sensational Scott McDonald volley was enough to secure a 1-0 victory for Celtic over Rangers in the second Old Firm derby of the season at Ibrox here on Saturday. In what was a tame affair by Old Firm standards McDonald sealed the points for Celtic with
Published 28 Dec, 2008 12:00am
PFF league starting December 28

PFF league starting December 28

The League phase of Pakistan Football Federation League (Departmental Phase) will explode into action on Sunday (December 28) when Pakistan Public Works Department (PPWD) will take on Pakistan Police in Group-A match. Other teams in the Group are Sui Sout
Published 28 Dec, 2008 12:00am
Five-wicket Murali puts Bangladesh in spin

Five-wicket Murali puts Bangladesh in spin

Spin wizard Muttiah Muralitharan put Sri Lanka in a commanding position with a five-wicket haul in the opening Test against Bangladesh here on Saturday. The off-spinner grabbed 5-48 - his 66th haul of five or more wickets in a Test innings - as Bangladesh
Published 28 Dec, 2008 12:00am
Sailing: tight finish expected in Australian ocean race

Sailing: tight finish expected in Australian ocean race

Australian maxis Skandia and Wild Oats XI were engaged in a tight duel off the east coast of Tasmania on Saturday as both looked likely to finish under the race record in the Sydney to Hobart yacht race.
Published 28 Dec, 2008 12:00am
Pakistan, Sri Lanka series from January 22

Pakistan, Sri Lanka series from January 22

The cricket series between Pakistan and Sri Lanka will get underway from January 22, sources in the Pakistan Cricket Board (PCB) said on Saturday. The first two One-day Internationals would be played in Karachi on January 22 and 25. The third one-day will
Published 28 Dec, 2008 12:00am
Blackhawks beat Flyers to match best winning streak

Blackhawks beat Flyers to match best winning streak

The Chicago Blackhawks matched a franchise-best eight-game winning streak with a 5-1 victory over the Philadelphia Flyers on Friday. The Blackhawks, whose goals were scored by five different players, last won eight successive games in 1981. "We came out w
Published 28 Dec, 2008 12:00am
Serbian FA chief wants less foreigners in first division

Serbian FA chief wants less foreigners in first division

The influx of foreign players is preventing home-grown talent from making the grade in Serbia's 12-team first division, Serbian Football Federation (FSS) president Tomislav Karadzic said on Saturday. "Our young prospects are not getting a fair chance to e
Published 28 Dec, 2008 12:00am
Wounded Warriors rally to stun Celtics

Wounded Warriors rally to stun Celtics

The Golden State Warriors rallied in the fourth quarter to hand the league-leading Boston Celtics a second defeat in as many days with a 99-89 home victory on Friday. Stephen Jackson scored a game-high 28 points and Marco Belinelli added 22 as the injury-
Published 28 Dec, 2008 12:00am
Sbragia takes over as Sunderland manager

Sbragia takes over as Sunderland manager

Ricky Sbragia, who has been in caretaker charge of Sunderland since Roy Keane quit three weeks ago, has been appointed manager on a full-time basis, the Premier League club announced on Saturday. "Ricky took up the reins when we were at a low ebb and has
Published 28 Dec, 2008 12:00am
PHF's executive board meeting on December 31

PHF's executive board meeting on December 31

The IInd Executive Board meeting of Pakistan Hockey Federation (PHF) will be held on December 31 here at National Hockey Stadium Lahore. Report of the year 2008 will be presented and reviewed in the meeting, while approval will be given for the future pro
Published 28 Dec, 2008 12:00am
Siddle sparks dominant Australia's resurgence

Siddle sparks dominant Australia's resurgence

Australia were winning the battle of the fast men but it wasn't Brett Lee who surged the home team back into the series. After Dale Steyn, the form bowler of 2008, stormed to five wickets in the opening session, South Africa's top order was knocked over b
Published 28 Dec, 2008 12:00am
MP3 player guides rescuers to lost tourists

MP3 player guides rescuers to lost tourists

The light from an MP3 player saved two lost tourists from a chilly night stuck out in the snowy Swiss mountains, rescue authorities said on Saturday. The two - a skier and snowboarder, both from France - had got lost late in the day on Friday outside mark
Published 28 Dec, 2008 12:00am
Six Thai friends die in car crash

Six Thai friends die in car crash

Six young Thais were killed when their car fell off an elevated highway on the outskirts of the capital following graduation celebrations, the Nation newspaper reported Saturday. Their car hit the highway sidewall at about 2:30 am Saturday, flipping over
Published 28 Dec, 2008 12:00am
Man killed in Australian shark attack: police

Man killed in Australian shark attack: police

A 51-year-old man who disappeared while swimming with his son near an Australian beach on Saturday may have been killed by a shark, police said. The man was at a beach south of Perth, capital of Western Australia state, when he suddenly disappeared from v
Published 28 Dec, 2008 12:00am
Egypt condemns Israeli raids on Gaza

Egypt condemns Israeli raids on Gaza

Egypt condemned Israeli raids which killed more than 140 people in Gaza on Saturday and said it would keep trying to restore a truce between Israel and Gaza. A presidential statement quoted by the state news agency MENA said Egypt held Israel responsible
Published 28 Dec, 2008 12:00am
Indonesia runs tsunami practice drills

Indonesia runs tsunami practice drills

Marta Karouw was one of about 2,000 Indonesians who gathered in the city of Manado, on the northern tip of Indonesia's Sulawesi island, on Saturday morning to practice and prepare for the unthinkable - a huge tsunami. The drill comes one day after the fou
Published 28 Dec, 2008 12:00am
As recession bites, Germany opens pet soup kitchens

As recession bites, Germany opens pet soup kitchens

In a sign of the times in Europe's biggest economy, poodles, pinschers, terriers and sheep dogs are queuing up for rations at Berlin's first soup kitchen for pets. The venue is a disused nightschool in the former communist east Berlin where the smell of s
Published 28 Dec, 2008 12:00am
Nurse missing for over a week found alive in car boot

Nurse missing for over a week found alive in car boot

Police in Britain have launched an investigation after a nurse missing for more than a week was found alive in the boot of a car. Magdeline Makola, originally from South Africa, had not been seen since December 15 when she left the car park of Edinburgh R
Published 28 Dec, 2008 12:00am
China says schools must be made more quake-proof

China says schools must be made more quake-proof

China's parliament on Saturday passed an amendment to the country's law on earthquake safety and disaster relief, imposing stricter building standards for schools to make them more resistant to earthquakes, state media said. Thousands of children died und
Published 28 Dec, 2008 12:00am
Bahrain terrorists attacks foiled, British/Syria ties alleged

Bahrain terrorists attacks foiled, British/Syria ties alleged

Bahrain's Interior Minister said Saturday that some of the members of a terrorism group arrested December 16 had received training in Syria and that the group was led by two Bahrainis living in London. The minister, Sheikh Rashid bin Abdullah al-Khalifa,
Published 28 Dec, 2008 12:00am
Student fakes grandfather's death to claim funeral subsidy

Student fakes grandfather's death to claim funeral subsidy

A Taiwan university student has been indicted for falsifying the death of his grandfather, granduncle and grandaunt to claim funeral subsidies from a senior citizens' club, a newspaper said on Saturday.
Published 28 Dec, 2008 12:00am
British Web sites could get cinema-style ratings: minister

British Web sites could get cinema-style ratings: minister

The kind of ratings used for films could be applied to Web sites in a bid to better police the Internet and protect children from harmful and offensive material, Britain's minister for culture has said.
Published 28 Dec, 2008 12:00am
Indonesia plans new rules for 2009 election

Indonesia plans new rules for 2009 election

Indonesia's president said on Saturday said he would overturn changes to voting regulations so that voters can pick both the candidate and the political party on the ballot papers in next year's general elections. Southeast Asia's largest democracy and bi
Published 28 Dec, 2008 12:00am
Extreme right crime soars by 30 percent in Germany

Extreme right crime soars by 30 percent in Germany

Crimes and others offences committed by far right political groups soared by almost 30 percent last year, the daily Frankfurter Rundschau reported Saturday, quoting interior ministry figures. It cited 11,928 such incidents during the first 10 months of 20
Published 28 Dec, 2008 12:00am
India, Bangladesh plan to discuss border intrusion

India, Bangladesh plan to discuss border intrusion

South Asian neighbours India and Bangladesh plan to hold talks to discuss the intrusion of Indian survey ships into its neighbour's territorial waters, an Indian official said. Indian high commissioner Dhaka Pinak Ranjan Chakravarty, said he made the prop
Published 28 Dec, 2008 12:00am
Turkey takes step forward with Kurdish TV channel

Turkey takes step forward with Kurdish TV channel

The launch of Turkey's first Kurdish language channel by the state broadcaster on January 1 is being heralded as a long overdue step towards improving the rights of the country's minority Kurds. But scepticism among many about its state-sponsored message
Published 28 Dec, 2008 12:00am
Malaysian fortune teller jailed in Singapore for cheating

Malaysian fortune teller jailed in Singapore for cheating

A Malaysian fortune teller was sentenced to 15 months in jail by a Singapore court on Friday for fleecing a woman of 60,000 Singapore dollars (41,430 US dollars), the Straits Times reported Saturday.Tan Ka Chuan received regular payments from Singaporean
Published 28 Dec, 2008 12:00am
Three killed in rocket attack on Afghan capital

Three killed in rocket attack on Afghan capital

A rocket fired into the Afghan capital Kabul late Saturday landed on a home near the city's police academy and killed three people, a police commander and witnesses said. Another rocket was also launched into the western residential neighbourhood but caus
Published 28 Dec, 2008 12:00am
Suicide car bombing kills five in Afghanistan

Suicide car bombing kills five in Afghanistan

A suicide attacker detonated a car bomb at a police checkpoint in southern Afghanistan Saturday, killing three policemen and two civilian men on a motorbike, police said. Another five people were hurt in the blast outside the southern city of Kandahar on
Published 28 Dec, 2008 12:00am
Previous Day