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Print - 2009-01-25
THE RUPEE: upward journey on currency market

THE RUPEE: upward journey on currency market

Recovery phase continued on the interbank market at the week-end as the rupee looked ahead versus dollar, gaining 30 paisa for buying at 79.00 and it also rose by 35 paisa for selling at 79.05, dealers said. As a result of dollars' selling, supply was imp
Published 25 Jan, 2009 12:00am
THE RUPEE: upward journey on currency market

THE RUPEE: upward journey on currency market

Recovery phase continued on the interbank market at the week-end as the rupee looked ahead versus dollar, gaining 30 paisa for buying at 79.00 and it also rose by 35 paisa for selling at 79.05, dealers said. As a result of dollars' selling, supply was imp
Published 25 Jan, 2009 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 (January 24, 2009).

Published 25 Jan, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 24, 2009).

Published 25 Jan, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 24, 2009).

Published 25 Jan, 2009 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 January 26, 2009.

Published 25 Jan, 2009 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 January 26, 2009.

Published 25 Jan, 2009 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 January 26, 2009.

Published 25 Jan, 2009 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (January 24, 2009).

Published 25 Jan, 2009 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 (January 24, 2009).

Published 25 Jan, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 24, 2009).

Published 25 Jan, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 24, 2009).

Published 25 Jan, 2009 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 (January 24, 2009).

Published 25 Jan, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (January 24, 2009).

Published 25 Jan, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (January 24, 2009).
Published 25 Jan, 2009 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (January 24, 2009).

Published 25 Jan, 2009 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (January 24, 2009).

Published 25 Jan, 2009 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (January 24, 2009).

Published 25 Jan, 2009 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (January 24, 2009).

Published 25 Jan, 2009 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 25 Jan, 2009 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 25 Jan, 2009 12:00am
Bearish sentiment prevails on grain market

Bearish sentiment prevails on grain market

Easy supplies and falling demand pushed the prices lower on the grain market on Saturday in process of lean business, dealers said. On the cereal side, best quality of sugar fell by Rs 20 to Rs 3775, while the low type did not move any side at Rs 3700 due
Published 25 Jan, 2009 12:00am
Business volume low as ginners raise asking prices

Business volume low as ginners raise asking prices

Trade activity slowed down on the cotton market on Saturday as ginners increased the asking prices due to strong demand by the buyers, dealers said. The official spot rate maintained overnight level at Rs 3,300, they said. The phutti prices in both the Pu
Published 25 Jan, 2009 12:00am
Tanzania coffee prices firm

Tanzania coffee prices firm

Tanzanian coffee prices mostly firmed at this week's auction, helped by improved quality of beans offered, traders said on Friday. The state-run Tanzania Coffee Board (TCB) said 46,421 60-kg bags were offered for sale, with 34,822 bags sold. At the last a
Published 25 Jan, 2009 12:00am
US wheat futures rise

US wheat futures rise

US wheat futures rose on Friday due to short covering and better-than-expected export sales, traders said. The Chicago Board of Trade March wheat futures contract rose 16 cents to close at $5.82-3/4 a bushel while the May contract gained 16 cents to $5.95
Published 25 Jan, 2009 12:00am
US Midwest soybean weaker, corn firmer

US Midwest soybean weaker, corn firmer

Spot soybean basis bids were steady to weaker around the US Midwest on Friday as a rally in futures triggered moderate farmer selling, while corn basis was steady to firm amid largely slow movement, dealers said. Corn and soybean futures rallied on Friday
Published 25 Jan, 2009 12:00am
KCBT wheat futures settle up two percent

KCBT wheat futures settle up two percent

Hard red winter wheat futures on the Kansas City Board of Trade ended 2 percent higher Friday after recouping early losses in a mostly technical run fuelled by gains in outside markets, traders said. Better-than-expected weekly export sales and dry weathe
Published 25 Jan, 2009 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 120,221 tonnes of cargo including 86,095 tonnes of import and 34,126 tonnes of export, 2,856 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Saturday. The freights comprised of 69,391 tonnes of dry
Published 25 Jan, 2009 12:00am
Canadian canola futures lower

Canadian canola futures lower

ICE Canadian canola futures ended lower on Friday, pressured by a strengthening Canadian dollar. Benchmark March closed down $5.70 at $431.80 on volume of 6,509 lots. Traders said only routine farmer selling was seen. Weekly crushings reported by the Cana
Published 25 Jan, 2009 12:00am
US corn futures up

US corn futures up

US corn futures closed higher on continued drought stress on the Argentine crop. CBOT corn closed 1/2 to 3 cents per bushel higher, with March up 3 at $3.90-1/2 per bushel. Funds bought 3,000 lots. Expiration of February options had little impact on price
Published 25 Jan, 2009 12:00am
Malaysia starts cutting rubber exports, traders wary

Malaysia starts cutting rubber exports, traders wary

Malaysia, the world's third-largest rubber producer, has begun implementing its plan to cut exports by about 5 percent this year, a minister said on Thursday amid doubts whether the measures would revive prices. The export cut was in line with Malaysia's
Published 25 Jan, 2009 12:00am
US rice ends firmer

US rice ends firmer

US rough rice futures on the Chicago Board of Trade ended slightly firmer Friday on a technical bounce after falling to contract lows earlier in the session, traders said. Rice is technically weak making contract lows for the second straight day. March ri
Published 25 Jan, 2009 12:00am
ICAC cuts world cotton price forecast 10 percent

ICAC cuts world cotton price forecast 10 percent

An international farm group said on Friday it cut its forecast of the season-average world cotton price by 10 percent due to slumping demand brought on by the global recession and larger stockpiles in China. The International Cotton Advisory Committee red
Published 25 Jan, 2009 12:00am
New York sugar higher

New York sugar higher

Raw sugar futures settled Friday near a four-month high on investor and consumer buying, with analysts saying the key March contract may take aim at the key 13 cents area in the days ahead. The key March raw sugar contract rose 0.32 cent to end at 12.70 c
Published 25 Jan, 2009 12:00am
Brazil to dominate soy exports starting in April

Brazil to dominate soy exports starting in April

Brazil is poised to take over most of the world's soybean trade starting in April as it harvests a new crop and it will probably dominate the export market for longer than usual due to a drought in Argentina reducing that country's crop.
Published 25 Jan, 2009 12:00am
Asian rice: Vietnam price jumps, Thailand to release stocks

Asian rice: Vietnam price jumps, Thailand to release stocks

Vietnamese rice prices jumped nearly 5 percent in the past week as the country sealed a major deal with the Philippines, while Thailand, the biggest exporter, struggled to sell its swollen stocks. The price of Vietnam's 25 percent broken rice rose between
Published 25 Jan, 2009 12:00am
US soybean lower

US soybean lower

US soybean futures ended lower on Friday amid profit taking after rallying early on a forecast for sharply lower production in Argentina. March soy settled 3 cents lower at $10.09 a bushel, after rising to a session high of $10.34. New-crop November tumbl
Published 25 Jan, 2009 12:00am
Cocoa hits a 23-year peak

Cocoa hits a 23-year peak

Oil prices were mixed and base metals dropped last week but cocoa futures struck a 23-year peak as US President Barack Obama began work on saving the ailing US economy. The global economic crisis claimed more victims on Friday as Britain officially entere
Published 25 Jan, 2009 12:00am
US copper soars

US copper soars

US copper futures bounced from fresh three-week lows to close sharply higher Friday, buoyed by rallies in the broader metals complex and optimism ahead of anticipated economic stimulus plans in the US. Copper for March delivery surged 7.60 cents, or 5.4 p
Published 25 Jan, 2009 12:00am
Gold hits 14-weeks high above $900

Gold hits 14-weeks high above $900

Gold reinforced its status as a safe-haven investment on Friday, rallying to $900 an ounce on buying linked to investor concern over the faltering world economy. Other commodities, from base metals to grains, were up sharply as well. Crude oil prices ran
Published 25 Jan, 2009 12:00am
German leftist leader firmly opposed to 'bad bank'

German leftist leader firmly opposed to 'bad bank'

Germany's Social Democrats (SPD) oppose creating a "bad bank" to house lenders' toxic assets as the government considers steps to shift such assets off balance sheets, the party's leader was quoted on Saturday as saying. Franz Muentefering, whose SPD shar
Published 25 Jan, 2009 12:00am
Washington Post plans to take $70 million writedown

Washington Post plans to take $70 million writedown

The Washington Post Co plans to take a $70 million writedown after concluding that the estimated fair value of its online lead generation business is less than its reported carrying value. The publisher of the namesake newspaper plans to record the writed
Published 25 Jan, 2009 12:00am
Gazprom unit creates joint venture with Kuwait's Noor

Gazprom unit creates joint venture with Kuwait's Noor

Kuwait's Noor Financial Investment Co and a unit of Russia's Gazprom are setting up an oil and gas exploration joint venture, an official from the Kuwaiti company was quoted on Saturday as saying. Two firms are being established, one in Russia and one in
Published 25 Jan, 2009 12:00am
Profit up at top India banks despite bad loans rise

Profit up at top India banks despite bad loans rise

India's two largest banks both saw rises in quarterly profit in results on Saturday, showing them holding up better than lenders in developed markets despite a steady rise in bad loans. State Bank of India, the country's top lender, met forecast with a 37
Published 25 Jan, 2009 12:00am
Profit up at top India banks despite bad loans rise

Profit up at top India banks despite bad loans rise

India's two largest banks both saw rises in quarterly profit in results on Saturday, showing them holding up better than lenders in developed markets despite a steady rise in bad loans. State Bank of India, the country's top lender, met forecast with a 37
Published 25 Jan, 2009 12:00am
India's ONGC inks Kazakhstan oil exploration deal

India's ONGC inks Kazakhstan oil exploration deal

India's state-run Oil and Natural Gas Corp said on Saturday it has signed a deal to explore for oil and gas in the Satpayev Block in Kazakhstan. The company said ONGC Mittal Energy Ltd (OMEL) - a joint venture company between its overseas arm and Mittal I
Published 25 Jan, 2009 12:00am
One million Russians lost jobs in December

One million Russians lost jobs in December

The number of unemployed Russians rose to 6 million in December compared to 5 million in November as an economic downturn hit home, the head of the federal employment service Yuri Gertsiy said on Saturday. Gertsiy said data calculated according to World L
Published 25 Jan, 2009 12:00am
Annual audit may be watershed for UK banks: minister

Annual audit may be watershed for UK banks: minister

The annual audit of British banks may prove a turning-point for a sector battered by concerns over bad debt and capital needs, new trade and investment minister Mervyn Davies was quoted on Saturday as saying. Davies, who stepped down as chairman of Asia-f
Published 25 Jan, 2009 12:00am
Libya eyes nationalisation of oil firms, says Gaddafi

Libya eyes nationalisation of oil firms, says Gaddafi

Libyan leader Muammar Gaddafi said Tripoli could nationalise foreign oil firms operating in the country unless prices rise to 100 dollars a barrel, the state news agency JANA reported on Saturday. "There have been calls for the nationalisation of the oil
Published 25 Jan, 2009 12:00am
Japan to offer public funds to non-financial firms

Japan to offer public funds to non-financial firms

The Japanese government plans to provide public funds for industries beyond the banking sector in a bid to support non-financial firms hit by the economic crisis, news reports said on Saturday. Japan has so far formed a system to inject capital into banks
Published 25 Jan, 2009 12:00am
Google loses best workplace crown to NetApp

Google loses best workplace crown to NetApp

California technology firm NetApp has taken Google's crown as best company to work for in 2009, according to an annual Top 100 list published by Fortune Magazine. Google held the Fortune title of "Best Company to Work For" for two years, knocking biotech
Published 25 Jan, 2009 12:00am
Iran sees lower inflation, tells firms to cut prices

Iran sees lower inflation, tells firms to cut prices

Iran's annual inflation rate is expected to fall to 22-23 percent by the end of March compared with a peak of nearly 30 percent in 2008, Iranian media quoted Central Bank officials as saying on Saturday. Commerce Minister Massoud Mirkazemi separately told
Published 25 Jan, 2009 12:00am
Australia boosts economic stimulus to $26 billion

Australia boosts economic stimulus to $26 billion

The Australian government on Saturday unveiled a four billion dollar (2.6 billion US) stimulus plan for the nation's building industry, taking its total spend to combat the global economic crisis to 40 billion dollars. Prime Minister Kevin Rudd said the g
Published 25 Jan, 2009 12:00am
China lifts rice floor prices by more than 10 percent

China lifts rice floor prices by more than 10 percent

China will lift minimum purchases prices for rice by more than 10 percent, the nation's economic planner said on Saturday in another step to shore up farmers' incomes. The National Development and Reform Commission, an agency that steers economic policy,
Published 25 Jan, 2009 12:00am
Beijing relaxes rules on foreigners buying property

Beijing relaxes rules on foreigners buying property

Restrictions on foreigners buying property in the Chinese capital have been relaxed for 2009, state media reported Saturday, as Beijing moves to stimulate a sluggish housing market. Limits were introduced in 2007 in response to rocketing property prices i
Published 25 Jan, 2009 12:00am
JGB futures rise

JGB futures rise

The five-year Japanese government bond yield hit a three-year low on Friday, a day after the Bank of Japan sharply lowered its growth outlook, while the Nikkei share average's drop to a two-month low lifted JGB futures. But longer-dated bonds stayed under
Published 25 Jan, 2009 12:00am
JGB futures rise

JGB futures rise

The five-year Japanese government bond yield hit a three-year low on Friday, a day after the Bank of Japan sharply lowered its growth outlook, while the Nikkei share average's drop to a two-month low lifted JGB futures. But longer-dated bonds stayed under
Published 25 Jan, 2009 12:00am
Chile stocks up

Chile stocks up

Chilean shares edged up at the close on Friday, recovering with other regional markets that climbed out of negative territory, traders said. Chile's blue chip IPSA index closed up 0.03 percent at 2,494.93 points, after rising 0.95 percent on Thursday. The
Published 25 Jan, 2009 12:00am
US corporate bond spreads mixed

US corporate bond spreads mixed

US corporate bond spreads were mixed on Friday as a rally in credit spreads faded amid concerns about the soundness of financial firms. Overall investment-grade corporate bonds were little changed on Friday, traders said. The main index of high-grade cred
Published 25 Jan, 2009 12:00am
US corporate bond spreads mixed

US corporate bond spreads mixed

US corporate bond spreads were mixed on Friday as a rally in credit spreads faded amid concerns about the soundness of financial firms. Overall investment-grade corporate bonds were little changed on Friday, traders said. The main index of high-grade cred
Published 25 Jan, 2009 12:00am
US long bonds fall

US long bonds fall

Longer-dated US Treasuries prices fell for a fifth straight day on Friday as investors worried about the impact of hefty amounts of new debt to fund the country's economic stimulus plans. The yield on the 30-year Treasury bond, which moves inversely to it
Published 25 Jan, 2009 12:00am
US long bonds fall

US long bonds fall

Longer-dated US Treasuries prices fell for a fifth straight day on Friday as investors worried about the impact of hefty amounts of new debt to fund the country's economic stimulus plans. The yield on the 30-year Treasury bond, which moves inversely to it
Published 25 Jan, 2009 12:00am
Energy IPOs look to stay on sidelines in 2009

Energy IPOs look to stay on sidelines in 2009

Plagued by low energy prices and recent overcapacity, oil and gas companies hoping to go public might have to sit out 2009, if not wait longer. Crude oil prices are off about 70 percent from the $147 per barrel all-time highs hit last summer, compromising
Published 25 Jan, 2009 12:00am
Canadian bond prices drop

Canadian bond prices drop

The Canadian bond prices ended lower on Friday as talk from the Bank of Canada that the economy will surface from this recession faster than it from previous recessions extended a recent bearish tone toward secure assets like government debt.
Published 25 Jan, 2009 12:00am
Canadian bond prices drop

Canadian bond prices drop

The Canadian bond prices ended lower on Friday as talk from the Bank of Canada that the economy will surface from this recession faster than it from previous recessions extended a recent bearish tone toward secure assets like government debt.
Published 25 Jan, 2009 12:00am
Argentine stocks rise

Argentine stocks rise

Argentine stocks rose on Friday, buoyed by energy-related shares as crude oil prices surged, traders said. The benchmark MerVal index gained 0.82 percent to 1,066.51 in a volatile session. The MerVal fell nearly 3 percent over the course of the week.
Published 25 Jan, 2009 12:00am
Mexican stocks rally

Mexican stocks rally

The IPC stock index closed up 0.22 percent at 19,348.81, rebounding from steep early losses as investors scoured the beaten-down market for bargains, traders said. Britain announced it had slid into recession and bellwether General Electric warned of an "
Published 25 Jan, 2009 12:00am
Toronto stocks end firmer

Toronto stocks end firmer

Toronto's main stock index marched 1.7 percent higher on Friday, carried by strength in gold and oil prices, but the gains were limited by weakness in the rest of the market. Gold rose to nearly $900 an ounce for the first time since October 10, which hel
Published 25 Jan, 2009 12:00am
American credit market outlook

American credit market outlook

Chemical companies including Nova Chemicals Corp and Chemtura Corp are facing maturing bonds at a time when declining earnings and cash flows are pushing them close to breaking terms in their bank loan agreements. If banks play hardball and refuse to fund
Published 25 Jan, 2009 12:00am
American credit market outlook

American credit market outlook

Chemical companies including Nova Chemicals Corp and Chemtura Corp are facing maturing bonds at a time when declining earnings and cash flows are pushing them close to breaking terms in their bank loan agreements. If banks play hardball and refuse to fund
Published 25 Jan, 2009 12:00am
Banks buoy S&P, GE hits Dow; Nasdaq up with Google

Banks buoy S&P, GE hits Dow; Nasdaq up with Google

Wall Street ended a difficult week with the broad S&P 500 closing higher on Friday as investors bought beaten-up financials on hopes of further aid from Washington, offsetting a disappointing outlook from General Electric that kept the Dow under water.
Published 25 Jan, 2009 12:00am
Forex outlook: dollar, yen could see more gains next week

Forex outlook: dollar, yen could see more gains next week

The US dollar and the yen look poised to end the first month of 2009 with solid gains as persistent concerns about the global economy and the banking sector continue to dampen risk appetite and foster safe-haven flows into those currencies.
Published 25 Jan, 2009 12:00am
Mexican peso slips 1.97 percent

Mexican peso slips 1.97 percent

Mexico's peso weakened sharply on Friday as worries about the impact of the global downturn on companies drove equity markets down worldwide, knocking down emerging market currencies. Before the local market opened, the peso lost 1.97 percent to 14.2451 p
Published 25 Jan, 2009 12:00am
IMM speculators trim long US dollars bets

IMM speculators trim long US dollars bets

Currency speculators trimmed their bets in favour of the US dollar in the latest week, according to data from the Commodity Futures Trading Commission on Friday. The value of the US dollar's net long position was around $300 million in the week ending Jan
Published 25 Jan, 2009 12:00am
Dollar touches 23-year high

Dollar touches 23-year high

The US dollar touched a 23-year high against sterling and a six-week high versus the euro on Friday as weak UK and euro zone data led investors to take refuge in the greenback. The dollar pared gains in late trading in New York as US stocks rebounded and
Published 25 Jan, 2009 12:00am
Kenyan shilling lower

Kenyan shilling lower

Kenya's shilling was flat against the dollar in volatile trade on Friday, recovering from falls following the appointment of a new finance minister. The commercial banks were quoting the local currency at 79.75/85, the same as Thursday's closing price, wi
Published 25 Jan, 2009 12:00am
South Korean won hits six-week low

South Korean won hits six-week low

The South Korean won hit a six-week low against the dollar on Friday as gloomy earnings at major domestic companies boosted worries about a slowdown in Asia's fourth-largest economy, hitting local shares. Investors were reluctant to take fresh positions a
Published 25 Jan, 2009 12:00am
Taiwan dollar falls to four-year low

Taiwan dollar falls to four-year low

The Taiwan dollar plummeted to a more than four-year low on Friday, the last trading day before the week-long Lunar New Year, on dismal economic data and central bank intervention, dealers said. The Taiwan dollar closed at T$33.801 against the US dollar,
Published 25 Jan, 2009 12:00am
Canadian dollar rides oil to gain

Canadian dollar rides oil to gain

The Canadian dollar shot to its highest level in more than a week versus the US dollar on Friday, bolstered by a sharp rally in prices for key Canadian exports and speculation of merger-related interest. Canadian bond prices finished lower across the curv
Published 25 Jan, 2009 12:00am
KCCI acting president

KCCI acting president

During the absence of Anjum Nisar, President of the Karachi Chamber of Commerce & Industry (KCCI), who is on the official visit abroad, Muhammad Jawed Bilwani, Senior Vice President of the chamber will act as President.
Published 25 Jan, 2009 12:00am
KBC elects office-bearers

KBC elects office-bearers

The Karachi Branch Council (KBC) of the Institute of Cost and Management Accountants of Pakistan (ICMAP) in its meeting held on Saturday unanimously elected following office-bearers for the year 2009. Attaullah A. Rasheed, Chairman KBC; Saood Hasan, Vice
Published 25 Jan, 2009 12:00am
Indus valley school gallery holds faculty show

Indus valley school gallery holds faculty show

The Indus Valley School Gallery is pleased to announce an exhibition of 45 leading artists titled "Faculty Show - 4" at the Indus Valley School Gallery, Indus Valley School of Art and Architecture, Karachi. The opening reception will take place on January
Published 25 Jan, 2009 12:00am
11th convocation of MUET Jamshoro held

11th convocation of MUET Jamshoro held

Shortage and efficient utilisation of irrigation water and deficiency of energy were the main challenges being faced by the nation and he called upon the engineers to put their expertise in place to meet out these challenges of immediate nature for the de
Published 25 Jan, 2009 12:00am
Government failed on all fronts says Baloch

Government failed on all fronts says Baloch

The Naib Ameer of Jamaat-e-Islami Liaquat Baloch here on Saturday said that government had failed on all the frontiers in the Country. He said those parties which had come into power ignoring Charter of Democracy, had played with the sentiments of the peo
Published 25 Jan, 2009 12:00am
Tribute paid to Dr Hijazi

Tribute paid to Dr Hijazi

Department of Mass Communication, MAO college is holding a reference in memory of Dr Miskeen Ali Hijazi, renowned journalist writer at college auditorium here on Saturday. The known media scholars, journalists, teachers of Institute of Communication Studi
Published 25 Jan, 2009 12:00am
Gilani to lay foundations of Head Muhammad Wala bridge on Chenab

Gilani to lay foundations of Head Muhammad Wala bridge on Chenab

Secretary Communication, Muhammad Sharif Khan has said that Head Muhammad Wala bridge is being constructed on River Chenab on the special direction of Prime Minister Syed Yousuf Raza Gilani and he is going to lay its foundation stone in his visit to Multa
Published 25 Jan, 2009 12:00am
Women entrepreneurs' role in economic growth urged

Women entrepreneurs' role in economic growth urged

Women entrepreneurs need to play their role with greater reliance, self esteem and dedication for the economic growth of the country, said speakers at Lahore Chamber of Commerce (LCCI) Open House Session for women entrepreneurs here on Saturday. For the p
Published 25 Jan, 2009 12:00am
Indian board lends hand to help revive Zimbabwe

Indian board lends hand to help revive Zimbabwe

The Indian cricket board will throw open two tournaments and its national academy to Zimbabwe to help revive the beleaguered African team. Officials agreed to extend the helping hand after a meeting with Zimbabwe Cricket Union chairman Peter Chingoka on F
Published 25 Jan, 2009 12:00am
Nadal powers on as Gonzalez wins epic

Nadal powers on as Gonzalez wins epic

World number one Rafael Nadal coasted into the Australian open fourth round on Saturday but his exploits were overshadowed by a classic five-setter between Fernando Gonzalez and Richard Gasquet. The Spanish powerhouse and top seed overwhelmed Germany's To
Published 25 Jan, 2009 12:00am
Serena shakes off rust as Dementieva squeaks through

Serena shakes off rust as Dementieva squeaks through

Favourite Serena Williams complained she was "rusty" heading into the Australian Open fourth round Saturday but it was Russia's Elena Dementieva, seeded four, who squeaked through to the last 16. Dementieva went down 5-2 as a parochial hometown crowd chee
Published 25 Jan, 2009 12:00am
Asian clubs raid top A-League clubs for stars

Asian clubs raid top A-League clubs for stars

Asian clubs are about to raid the cream of Australia's A-League, with strikers Joel Griffiths and Archie Thompson likely targets, reports said Saturday. Newcastle Jets' forward Griffiths, 29, looks certain to join his younger brother, Ryan, at Chinese sid
Published 25 Jan, 2009 12:00am
Asif appears before IPL tribunal

Asif appears before IPL tribunal

Pakistan fast bowler Mohammad Asif appeared before an Indian Premier League tribunal on Saturday to defend charges over a failed dope test, officials said. Asif, 26, tested positive for the banned steroid nandrolone during the opening season of the IPL's
Published 25 Jan, 2009 12:00am