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Print - 2009-02-06
Punjab speech contest ends

Punjab speech contest ends

The Punjab Chief Minister's provincial speech competition came to an end with the finalisation of Urdu speech contests at postgraduate level. 88 male and female students of different universities participated in these competitions. Out of them, 54 appeare
Published 06 Feb, 2009 12:00am
Iranian missiles have 'worldwide reach': Russia

Iranian missiles have 'worldwide reach': Russia

Iran's successful launch of a satellite with its own technology shows that the country's missiles "can reach any point on the globe," a senior Russian space sector official said Thursday. "I take my hat off to the Iranian scientists," Vitali Lapota, manag
Published 06 Feb, 2009 12:00am
Iranian missiles have 'worldwide reach': Russia

Iranian missiles have 'worldwide reach': Russia

Iran's successful launch of a satellite with its own technology shows that the country's missiles "can reach any point on the globe," a senior Russian space sector official said Thursday. "I take my hat off to the Iranian scientists," Vitali Lapota, manag
Published 06 Feb, 2009 12:00am
Afghan finance minister resigns

Afghan finance minister resigns

Afghan President Hamid Karzai on Thursday accepted the resignation of his finance minister, who announced that he would run in the August presidential election, the president's office said. Anwar ul-Haq Ahadi, finance minister for several years, announced
Published 06 Feb, 2009 12:00am
Afghan finance minister resigns

Afghan finance minister resigns

Afghan President Hamid Karzai on Thursday accepted the resignation of his finance minister, who announced that he would run in the August presidential election, the president's office said. Anwar ul-Haq Ahadi, finance minister for several years, announced
Published 06 Feb, 2009 12:00am
People of Swat tell tale of their woes

People of Swat tell tale of their woes

People of Swat who have arrived in Islamabad and Rawalpindi have grudges against the government as they describe themselves to have been caught between the devil and the dead-sea. Interviewed by Business Recorder at their temporary abodes in the tw
Published 06 Feb, 2009 12:00am
Indian money managers warm up to Islamic finance

Indian money managers warm up to Islamic finance

Money managers in India have begun launching sharia-compliant funds, hoping to tap the country's large Muslim population, the world's third-biggest after Indonesia and Pakistan. The push toward the new funds comes in the wake of dwindling cash flows into
Published 06 Feb, 2009 12:00am
Indian money managers warm up to Islamic finance

Indian money managers warm up to Islamic finance

Money managers in India have begun launching sharia-compliant funds, hoping to tap the country's large Muslim population, the world's third-biggest after Indonesia and Pakistan. The push toward the new funds comes in the wake of dwindling cash flows into
Published 06 Feb, 2009 12:00am
Indian money managers warm up to Islamic finance

Indian money managers warm up to Islamic finance

Money managers in India have begun launching sharia-compliant funds, hoping to tap the country''s large Muslim population, the world''s third-biggest after Indonesia and Pakistan. The push toward the new funds comes in the wake of dwindling cash flows int
Published 06 Feb, 2009 12:00am
Indian money managers warm up to Islamic finance

Indian money managers warm up to Islamic finance

Money managers in India have begun launching sharia-compliant funds, hoping to tap the country''''s large Muslim population, the world''''s third-biggest after Indonesia and Pakistan. The push toward the new funds comes in the wake of dwindling cash flows
Published 06 Feb, 2009 12:00am
ADB releases $200 million for Sindh and Punjab projects

ADB releases $200 million for Sindh and Punjab projects

Asian Development Bank (ADB) has released 200 million dollars to Pakistan for two projects - 100 million dollars for Sindh Growth and Rural Revitalisation Programme and another 100 million dollars for Punjab Millennium Development Goals. Another 100 milli
Published 06 Feb, 2009 12:00am
ADB releases $200 million for Sindh and Punjab projects

ADB releases $200 million for Sindh and Punjab projects

Asian Development Bank (ADB) has released 200 million dollars to Pakistan for two projects - 100 million dollars for Sindh Growth and Rural Revitalisation Programme and another 100 million dollars for Punjab Millennium Development Goals. Another 100 milli
Published 06 Feb, 2009 12:00am
ADB releases $200 million for Sindh and Punjab projects

ADB releases $200 million for Sindh and Punjab projects

Asian Development Bank (ADB) has released 200 million dollars to Pakistan for two projects - 100 million dollars for Sindh Growth and Rural Revitalisation Programme and another 100 million dollars for Punjab Millennium Development Goals. Another 100 milli
Published 06 Feb, 2009 12:00am
World Bank managing director arrives

World Bank managing director arrives

Managing Director World Bank Ngozi Okanjo Lweala on Thursday arrived Islamabad. He would hold meetings with Pakistani authorities to discuss economic situation. According to details, the World Bank MD would meet President Asif Ali Zardari, Prime Minister
Published 06 Feb, 2009 12:00am
World Bank managing director arrives

World Bank managing director arrives

Managing Director World Bank Ngozi Okanjo Lweala on Thursday arrived Islamabad. He would hold meetings with Pakistani authorities to discuss economic situation. According to details, the World Bank MD would meet President Asif Ali Zardari, Prime Minister
Published 06 Feb, 2009 12:00am
World Bank managing director arrives

World Bank managing director arrives

Managing Director World Bank Ngozi Okanjo Lweala on Thursday arrived Islamabad. He would hold meetings with Pakistani authorities to discuss economic situation. According to details, the World Bank MD would meet President Asif Ali Zardari, Prime Minister
Published 06 Feb, 2009 12:00am
FBR to provide information to security agencies about illegal vehicles

FBR to provide information to security agencies about illegal vehicles

The Federal Board of Revenue (FBR) would provide information of illegal vehicles and non-duty paid smuggled cars to the security agencies under the new "Mega Security Plan for Capital" to avert incidences of car bombs attacks in the federal capital.
Published 06 Feb, 2009 12:00am
FBR to provide information to security agencies about illegal vehicles

FBR to provide information to security agencies about illegal vehicles

The Federal Board of Revenue (FBR) would provide information of illegal vehicles and non-duty paid smuggled cars to the security agencies under the new "Mega Security Plan for Capital" to avert incidences of car bombs attacks in the federal capital.
Published 06 Feb, 2009 12:00am
FBR to provide information to security agencies about illegal vehicles

FBR to provide information to security agencies about illegal vehicles

The Federal Board of Revenue (FBR) would provide information of illegal vehicles and non-duty paid smuggled cars to the security agencies under the new "Mega Security Plan for Capital" to avert incidences of car bombs attacks in the federal capital.
Published 06 Feb, 2009 12:00am
Italy seeks support on UNSC reform

Italy seeks support on UNSC reform

Italy hosted talks on Wednesday with delegations from nearly 80 countries on the much disputed issue of expanding the UN Security Council, seeking support for its view that no new permanent members should be added. Italy, which like other medium and small
Published 06 Feb, 2009 12:00am
Italy seeks support on UNSC reform

Italy seeks support on UNSC reform

Italy hosted talks on Wednesday with delegations from nearly 80 countries on the much disputed issue of expanding the UN Security Council, seeking support for its view that no new permanent members should be added. Italy, which like other medium and small
Published 06 Feb, 2009 12:00am
'Pakistan and Kuwait enjoy strong ties'

'Pakistan and Kuwait enjoy strong ties'

The Kuwaiti Vice Consul General Khalid Mubarak Al-Rashidi has said that Pakistan and Kuwait enjoy strong brotherly relations and about 0.15 million Pakistanis are working in Kuwait in various fields. Talking to Naib Nazim Karachi Nasreen Jalil here on Thu
Published 06 Feb, 2009 12:00am
Railways earned record additional revenue of Rs 3.4 billion

Railways earned record additional revenue of Rs 3.4 billion

For the first time in many years Pakistan Railways (PR) earned a record additional revenue of Rs 3.402 billion during the current financial year from July 1, 2008 to January 31, 2009. The railway earned this revenue ever since Nasir Zaidi took over as Gen
Published 06 Feb, 2009 12:00am
Chopping of 100 trees: Nazim orders action against officials

Chopping of 100 trees: Nazim orders action against officials

City Nazim Syed Mustafa Kamal has ordered departmental action against three senior officers of Karachi Water and Sewerage Board (KWSB) and contracting firm M/s EPI for chopping of 100 trees in the green belt of Rashid Minhas.
Published 06 Feb, 2009 12:00am
Jamaat-i-Islami announces full support to Kashmir movement

Jamaat-i-Islami announces full support to Kashmir movement

The Jamaat-i-Islami Pakistan observed Kashmir Solidarity Day with traditional spirit and enthusiasm in order to express solidarity with the oppressed Muslims of both Kashmir and Palestine yesterday. The party held rallies, public meetings and seminars acr
Published 06 Feb, 2009 12:00am
1,450 army men embraced shahadat during operations

1,450 army men embraced shahadat during operations

In a time where unrest is bountiful and peace is being fought for in militancy prone regions of Fata and parts of NWFP, the stalwarts of Pakistan Army are making significant sacrifices in the discharge of the assigned operational tasks to maintain writ of
Published 06 Feb, 2009 12:00am
Punjab likely to launch LTC next month

Punjab likely to launch LTC next month

With a view to providing modern transport facilities to public, Punjab Government is going to launch much-awaited Lahore Transport Company (LTC) in March. Sources in the Transport Department told Business Recorder that the proposed company would re
Published 06 Feb, 2009 12:00am
Kashmir dispute central to Pak-India relations, says Gilani

Kashmir dispute central to Pak-India relations, says Gilani

Prime Minister Syed Yusuf Raza Gilani while stressing the need to resolve lingering Kashmir dispute said on Thursday that this dispute is central to Pakistan-India relations and holds the key not only to regional but also to global peace.
Published 06 Feb, 2009 12:00am
Hollen pledges to step up efforts into legislation on ROZs

Hollen pledges to step up efforts into legislation on ROZs

US Congressman Chris Van Hollen, the chief proponent of legislation on Reconstruction Opportunity Zones (ROZs), has pledged to step up efforts towards passage of the preferential trade initiative that would allow duty-free export of products from designat
Published 06 Feb, 2009 12:00am
Japanese media briefed on Kashmir's cause for freedom

Japanese media briefed on Kashmir's cause for freedom

Minister/Deputy Chief of Mission of Pakistan Embassy Japan Imtiaz Ahmed in a briefing to Japanese media paid rich tribute to the countless sacrifices of the Kashmiris, who remained resolute in the face of Indian oppression. He said that over 90,000 (ninet
Published 06 Feb, 2009 12:00am
Lok Virsa expresses solidarity with Kashmiris

Lok Virsa expresses solidarity with Kashmiris

A number of colourful activities here Thursday at Lok Virsa attracted huge crowds of visitors from the twin cities to celebrate Kashmir Solidarity Day. Artisans-at-work exhibition, display of arts and crafts at the premises of Heritage Museum, Kashmiri fo
Published 06 Feb, 2009 12:00am
Traders protest against prolonged load shedding

Traders protest against prolonged load shedding

Traders held protest demonstration and staged sit in at Haram Gate for an hour against prolong load shedding here on Wednesday. They were holding banners and placards inscribed with slogans against the government and Mepco authorities.
Published 06 Feb, 2009 12:00am
Kashmir Day observed in twin cities with traditional zeal

Kashmir Day observed in twin cities with traditional zeal

Kashmir Solidarity Day was observed with traditional zeal and enthusiasm on Thursday to express unity with Kashmiris and support their freedom struggle to achieve liberation from the Indian occupation.
Published 06 Feb, 2009 12:00am
People brave heavy rain to form 'Human Chain' at Kohala

People brave heavy rain to form 'Human Chain' at Kohala

A large number of people from various walks of life including children, students and women braved chilly weather and heavy rain on Thursday to form `Human Chain' as a symbol to express solidarity with the people of Occupied Kashmir on Kashmir Solidarity D
Published 06 Feb, 2009 12:00am
Health policy to be announced soon: minister

Health policy to be announced soon: minister

Federal Health Minister, Mir Ejaz Hussain Jakhrani said that the present government is taking practical steps for the provision of modern health care facilities to all in the country. He was talking to mediamen after attending a dinner hosted in his honou
Published 06 Feb, 2009 12:00am
Kashmir dispute solution vital for peace in region: Sultan

Kashmir dispute solution vital for peace in region: Sultan

Former Prime Minister of Azad Jammu and Kashmir (AJK) Barrister Sultan encouraged by the statements of international community, particularly US President Barack Obama and UK Foreign Secretary David Milliband, who realised the intricacy of Kashmir dispute
Published 06 Feb, 2009 12:00am
Kashmiris to observe shaheed Maqbool Butt day on February 11

Kashmiris to observe shaheed Maqbool Butt day on February 11

25th martyrdom day of renowned leader of Kashmir Freedom Movement, Muhammad Maqbool Butt will be observed on both sides of the Line of Control including Azad Jammu and Kashmir and Indian occupied Jammu & Kashmir on February 11. The renewal of the pledge t
Published 06 Feb, 2009 12:00am
'Regional peace impossible without resolving Kashmir issue'

'Regional peace impossible without resolving Kashmir issue'

Convenor of All Parties Hurriyat, Conference, Syed Yousuf Nasim said on Thursday that durable peace in South Asia is not possible without resolving the Kashmir issue in accordance with aspirations of Kashmiris. Talking to PTV, he said cordial ties between
Published 06 Feb, 2009 12:00am
Kashmir Solidarity day observed

Kashmir Solidarity day observed

Kashmir Solidarity day was observed here as elsewhere in the country with great zeal and fervour with people of Karachi making commitment for unwavering support to the people of occupied Kashmir struggling for their right of self-determination.
Published 06 Feb, 2009 12:00am
Rally held to express solidarity with Kashmiri people

Rally held to express solidarity with Kashmiri people

United Nations (UN) and International Community should stress India to stop its atrocities against innocent people of Kashmir and play its vital role for the solution of this core issue between India and Pakistan for peace in the region, District Nazim Hy
Published 06 Feb, 2009 12:00am
Punjab Assembly calls for right to self-determination of Kashmiris

Punjab Assembly calls for right to self-determination of Kashmiris

Punjab Assembly showing solidarity with Kashmiri people in their struggle for freedom unanimously passed resolution calling for right to self-determination of Kashmiris. The resolution demanded that the right to self-determination of the Kashmiris should
Published 06 Feb, 2009 12:00am
Kashmir solidarity day camp held

Kashmir solidarity day camp held

The People's Muslim League (Jammu & Kashmir) in connection with 'Kashmir Solidarity Day' set up a camp staged demonstration at Faisal Chowk in front of Punjab Assembly on Thursday. The President, Peoples Muslim League, Farooq Azad led the demonstration. A
Published 06 Feb, 2009 12:00am
Kashmir solidarity day observed zealously in Faisalabad

Kashmir solidarity day observed zealously in Faisalabad

Kashmir Solidarity Day was observed here Thursday, in Faisalabad Division with full zeal and fervour, featuring large public rallies, seminars, human chains and many others events to express solidarity with the people of occupied Kashmir.
Published 06 Feb, 2009 12:00am
LCCI to set up education support fund

LCCI to set up education support fund

The Lahore Chamber of Commerce and Industry (LCCI) has announced to create merit-based Education Support Fund with the sole objective of extending a helping hand to those talented students, who cannot continue their higher education due to financial const
Published 06 Feb, 2009 12:00am
Sindh government urged to streamline infrastructure of industrial zones

Sindh government urged to streamline infrastructure of industrial zones

Karachi Chamber of Commerce and Industry (KCCI) President Anjum Nisar has drawn the attention of Sindh government to streamline the infrastructure of existing industrial zones here on Thursday. In a communication to the government, he said that existing i
Published 06 Feb, 2009 12:00am
Retired employees say KESC not paying gratuity

Retired employees say KESC not paying gratuity

Karachi Electric Supply Company (KESC) has reportedly stopped giving gratuity funds to its retired employees. According to sources in the Company, dozens of retired employees, who have spent their entire life in the company are facing great financial hard
Published 06 Feb, 2009 12:00am
Sindh chief minister meets provincial law officers

Sindh chief minister meets provincial law officers

Sindh Chief Minister Syed Qaim Ali Shah has said that present government firmly believes in the rule of law and wants to provide relief to people under PPP's manifesto and the programme given by Shaheed Mohtarma Benazir Bhutto. For this purpose, he said,
Published 06 Feb, 2009 12:00am
Government committed to provide education, employment to poor: Mazhar

Government committed to provide education, employment to poor: Mazhar

Provincial Minister for Education Pir Mazharul Haq has said that every PPP worker was follower of Shaheed Zulfiqar Ali Bhutto and Shaheed Benzir Bhutto, adding the government is determine to complete the mission of BB by providing employment and education
Published 06 Feb, 2009 12:00am
UBL Fund enhances customer services standards

UBL Fund enhances customer services standards

UBL Fund Managers, a wholly owned subsidiary of United Bank Limited (UBL) and Pakistan's leading Asset Management Company, announced the successful deployment of its state-of-the-art Customer Relationship Management (CRM) solution at its Contact Center an
Published 06 Feb, 2009 12:00am
UBL Fund enhances customer services standards

UBL Fund enhances customer services standards

UBL Fund Managers, a wholly owned subsidiary of United Bank Limited (UBL) and Pakistan's leading Asset Management Company, announced the successful deployment of its state-of-the-art Customer Relationship Management (CRM) solution at its Contact Center an
Published 06 Feb, 2009 12:00am
Global Financial Meltdown: ICMAP to hold seminar on February 6

Global Financial Meltdown: ICMAP to hold seminar on February 6

A seminar on "Global Financial Meltdown" is being organised by the Karachi Branch Council (KBC) under the aegis of the Institute of Cost and Management Accountants of Pakistan (ICMAP) here on February 6. Dr Ishrat Husain, Dean and Director, Institute of B
Published 06 Feb, 2009 12:00am
Indus Motor makes careers with T-TEP

Indus Motor makes careers with T-TEP

Indus Motor Company (IMC) has organised 4th Career Day for graduating students of the Toyota Technical Educational Programme (T-TEP) in Karachi at St Patrick's Institute of Science Technology. Professor M Saeed Siddiqui, Chairman, Sindh Board of Technical
Published 06 Feb, 2009 12:00am
IGI extends financial support to Kara Film Festival

IGI extends financial support to Kara Film Festival

IGI Financial Services, the leading financial services organisation and a subsidiary of Packages Group extends support to 7th Kara Film Festival, says a press release issued here on Thursday. The 10-day long festival is an integral part of Karachi's arts
Published 06 Feb, 2009 12:00am
Free medical aid: non-Muslim poor patients complain of Discrimination

Free medical aid: non-Muslim poor patients complain of Discrimination

Patients from different minority groups are facing discriminatory attitudes at government healthcare centres in availing free medical treatment. Many of them used to fill Zakat forms for free medical treatment at medical centres, as they could not afford
Published 06 Feb, 2009 12:00am
Gul Ahmed Textile to upgrade IPT system

Gul Ahmed Textile to upgrade IPT system

Gul Ahmed Textile Mills has announced on Thursday to upgrade its IP Telephony (IPT) voice and security infrastructure as well as its Unified Communications system to raise service standards, improve employee collaboration and enhance operational efficienc
Published 06 Feb, 2009 12:00am
Peshawariites pledge support to Kashmiris

Peshawariites pledge support to Kashmiris

Like other parts of the country Kashmir Solidarity Day was also observed in NWFP with fervour and pledge to support the right of self-determination for Kashmiris here on Thursday. Many rallies and functions were arranged in all major cities throughout the
Published 06 Feb, 2009 12:00am
Future belongs to alternative energy: Tony Blair

Future belongs to alternative energy: Tony Blair

The alternate energy will play a great role in catering to the growing demand for trade and industry in future as the present energy crisis was getting bigger every day. This was stated by the former British premier Tony Blair while talking to the Preside
Published 06 Feb, 2009 12:00am
'Government to solve poor people's problems on priority'

'Government to solve poor people's problems on priority'

Federal Minister and Chairman Federal Land Commission of Pakistan Pir Syed Fazal Ali Shah Jillani has said that PPP government is giving priority to provide relief to people specially of less developed far-flung areas. Addressing people at inaugural cerem
Published 06 Feb, 2009 12:00am
Senate elections to be held on March 4: schedule announced

Senate elections to be held on March 4: schedule announced

The Senate election will be held on March 4, announced Election Commission of Pakistan (ECP) here on Thursday and issued schedule for filing of nomination papers. According to the schedule, issued by (CEC) former Justice Qazi Muhammad Farooq, the Senate e
Published 06 Feb, 2009 12:00am
Senate elections to be held on March 4: schedule announced

Senate elections to be held on March 4: schedule announced

The Senate election will be held on March 4, announced Election Commission of Pakistan (ECP) here on Thursday and issued schedule for filing of nomination papers. According to the schedule, issued by (CEC) former Justice Qazi Muhammad Farooq, the Senate e
Published 06 Feb, 2009 12:00am
8th SAARCAA congress inaugurated

8th SAARCAA congress inaugurated

The 8th SAARC Association of Anaesthesiologists Congress - with the theme of 'The Expanding Role of Anaesthesiologists' - was officially inaugurated by Syed Qaim Ali Shah, Chief Minister Sindh today at PAF Museum Karachi. The three-day congress scheduled
Published 06 Feb, 2009 12:00am
Police directed to shoot miscreants at sight in Peshawar

Police directed to shoot miscreants at sight in Peshawar

Capital City Police Officer (CCPO) Peshawar, DIG Siffat Ghaur on Thursday directed police personnel to shoot at sight any miscreants entering into the jurisdiction of the provincial metropolis with the intention to carry out terrorist activities.
Published 06 Feb, 2009 12:00am
Bostan-Zhob railway track project in the doldrums

Bostan-Zhob railway track project in the doldrums

Conversion of Bostan-Zhob railway track from narrow to broad-gauge is in doldrums due to non-availability of funds. Well-placed sources in Ministry of Railways told Business Recorder that three years back Pakistan Railways started paper work on the
Published 06 Feb, 2009 12:00am
Tarin lauds Pakistan mission in strengthening ties with Japan

Tarin lauds Pakistan mission in strengthening ties with Japan

The Advisor to Prime Minister on Finance Shaukat Tarin has appreciated the efforts of Pakistan Embassy in Japan for strengthening Pak-Japan relations in various areas. He expressed these views when he arrived here on a four-day visit to Japan on Wednesday
Published 06 Feb, 2009 12:00am
Sri Lanka offers Tigers amnesty

Sri Lanka offers Tigers amnesty

The Sri Lankan government Wednesday offered an amnesty to Tamil Tiger rebels who surrender, but rejected international appeals for cease-fire talks and vowed to crush those who fight on. Prime Minister Ratnasiri Wickremanayake told parliament that some re
Published 06 Feb, 2009 12:00am
Indian shares decline

Indian shares decline

Indian shares fell 1.21 percent on Thursday on a sell-off by overseas funds and fresh concerns about the US economy, dealers said. The benchmark 30-share Sensex index fell 110.97 points to 9,090.88. "The markets slipped sharply intraday morning on weakeni
Published 06 Feb, 2009 12:00am
Thursday's early afternoon trade: Wall Street jumps on bank rescue hope

Thursday's early afternoon trade: Wall Street jumps on bank rescue hope

US stocks rose on Thursday on investor hopes that the Obama administration's plan to shore up the financial system would include a measure that would help banks stem losses and revive lending. An advance in financial shares underpinned a broad market reco
Published 06 Feb, 2009 12:00am
Yen to remain mighty versus dollar

Yen to remain mighty versus dollar

The surging Japanese yen looks to remain strong in the near-term, inflicting further damage to the economy, although forecasters in a Reuters poll still think dollar/yen will edge back toward 100 later in the year.
Published 06 Feb, 2009 12:00am
Sterling powers up

Sterling powers up

Sterling hit a near-two month high versus the euro on Thursday, while the pound also jumped against the dollar after the Bank of England cut borrowing costs to a record low - aimed at blunting the impact of a deep recession. BoE policymakers met market ex
Published 06 Feb, 2009 12:00am
Euro little changed in London

Euro little changed in London

The euro was little changed against the dollar on Thursday after the European Central Bank stood pat on rates as widely expected, but fell against sterling which surged after the UK central bank cut rates by 50 basis points, also as expected.
Published 06 Feb, 2009 12:00am
Dollar funds stay elevated on bank worries

Dollar funds stay elevated on bank worries

Dollar funding costs remained elevated in Europe on Thursday as investors fretted about the impact of various proposals to mend the battered financial system and governments' fund raising for stimulus plans.
Published 06 Feb, 2009 12:00am
Indian rupee edges higher

Indian rupee edges higher

The Indian rupee rose marginally on Thursday helped by dollar sales by exporters, but demand for the US unit from oil companies and losses in the domestic share market prevented stronger gains. The partially convertible rupee closed at 48.77/78 per dollar
Published 06 Feb, 2009 12:00am
Maliki wins landslide victories in Baghdad and south

Maliki wins landslide victories in Baghdad and south

Prime Minister Nuri al-Maliki won landslide victories over Shia rivals in provincial elections, reflecting a seismic shift in the political landscape, preliminary results issued on Thursday showed. Results showed big wins for the prime minister's State of
Published 06 Feb, 2009 12:00am
Israeli envoy is latest shoe-throwing target

Israeli envoy is latest shoe-throwing target

Israel's ambassador to Sweden has become the latest public figure to be targeted by a shoe-throwing protester. Police said Ambassador Benny Dagan was hit on the leg by the shoe, one of several projectiles thrown when he turned up to address a student gath
Published 06 Feb, 2009 12:00am
Malaysia's opposition refuses royal command to quit state

Malaysia's opposition refuses royal command to quit state

Malaysia's opposition Thursday refused a royal command to give up control of a northern state where the government says it has seized power, setting the stage for a political crisis. The Perak state government building has been surrounded by a large polic
Published 06 Feb, 2009 12:00am
Israel seizes aid ship off Gaza

Israel seizes aid ship off Gaza

The Israeli navy boarded a freighter trying to break the blockade of the Gaza Strip on Thursday and escorted it into the port of Ashdod, Israeli officials said. It was the first apparent attempt by a foreign ship carrying aid to reach the Palestinian encl
Published 06 Feb, 2009 12:00am
'Egypt prevents Hamas taking millions into Gaza'

'Egypt prevents Hamas taking millions into Gaza'

Egypt on Thursday prevented a senior Hamas official carrying nine million dollars and two million euros in cash from entering the Gaza Strip via Rafah, a security official told AFP. Border officials had held up a six-member delegation returning from truce
Published 06 Feb, 2009 12:00am
Ukraine Prime Minister easily survives no confidence vote

Ukraine Prime Minister easily survives no confidence vote

Ukrainian Prime Minister Yulia Tymoshenko easily survived a no confidence vote in parliament on Thursday after rejecting IMF predictions of a shrinking economy and sticking to her government's growth forecast of 0.4 percent. The motion, put forward by the
Published 06 Feb, 2009 12:00am
Ahmadinejad asks world powers to be 'polite'

Ahmadinejad asks world powers to be 'polite'

Iranian President Mahmoud Ahmadinejad asked world powers on Thursday to be "polite" in dealing with Tehran, a day after diplomats from six countries met to discuss the nuclear stand-off. "Bullying powers should learn how to speak correctly and be polite s
Published 06 Feb, 2009 12:00am
US diplomat killed in Ethiopian capital

US diplomat killed in Ethiopian capital

A US diplomat was killed in the Ethiopian capital Addis Ababa on Saturday but the circumstances of his death are unclear, State Department officials said on Thursday. The 25-year-old diplomat, Brian Adkins, was found dead in his home in Addis Ababa, offic
Published 06 Feb, 2009 12:00am
Britain accuses Iran of intimidation over culture centre

Britain accuses Iran of intimidation over culture centre

Britain on Thursday accused Iran of intimidating its staff after closing its main cultural centre in Tehran, in the latest flare-up of tension between the two countries. British Foreign Secretary David Miliband expressed "great regret" over the closure, w
Published 06 Feb, 2009 12:00am
Best not to release Gitmo documents: UK

Best not to release Gitmo documents: UK

Britain's foreign secretary said Thursday that releasing confidential US intelligence documents about a former British resident held at Guantanamo Bay would hurt national security. Foreign Secretary David Miliband told lawmakers that a British court was r
Published 06 Feb, 2009 12:00am
Malaysian palm oil futures gain

Malaysian palm oil futures gain

Malaysian crude palm futures ticked up 1.8 percent on Thursday to hit a new one-week high on signs of a rundown in domestic inventories although sentiment was dampened by slow shipments, dealers said. Prices of the reddish-brown tropical oil have risen by
Published 06 Feb, 2009 12:00am
Tokyo rubber ends up

Tokyo rubber ends up

Key Tokyo rubber futures closed up nearly 2 percent on Thursday, maintaining momentum on recent buying by China in the physical market and resilience in other commodities prices. The key Tokyo Commodity Exchange rubber contract for July delivery closed at
Published 06 Feb, 2009 12:00am
US copper rises

US copper rises

Copper rose to a one-week high in New York futures trade on Wednesday after reports of increased Chinese buying and upbeat data from China and the United States helped extend a two-day rally in the metal. Copper for March delivery rose 0.90 cent to settle
Published 06 Feb, 2009 12:00am
Shanghai copper up

Shanghai copper up

Shanghai copper rose for the third straight day on Thursday, while London futures eased, but sentiment remained supported by hopes that the demand slump seen since August 2008 could be reaching a bottom. Sentiment is firming on a string of better than exp
Published 06 Feb, 2009 12:00am
US rice ends mixed

US rice ends mixed

US rough rice futures on the Chicago Board of Trade closed mixed on Wednesday in consolidation trade. March rice closed up 2-1/2 cents per cwt at $12.01 per cwt. Volume was estimated at 449 futures and 35 options. Traders said the rice market appeared poi
Published 06 Feb, 2009 12:00am
New York sugar softer

New York sugar softer

Raw sugar futures closed lower Wednesday in range-bound business as most players sat back to digest news on Indian imports and the global sugar deficit in 2009-10, brokers said. The key March raw sugar contracts shed 0.07 cent to finish at 12.59 cents per
Published 06 Feb, 2009 12:00am
Crisis threatens Cameroon cotton

Crisis threatens Cameroon cotton

Crashing demand for cotton as the global recession cuts into consumer spending risks putting farmers in Cameroon out of business, growers and officials say. Buyers are tearing up their contracts with the state cotton firm, leaving the company out of pocke
Published 06 Feb, 2009 12:00am
China sees 2008 cotton output down

China sees 2008 cotton output down

China's government expects 2008 cotton production will total 7.5 million tonnes, 1.6 percent less than the record 7.6 million tonnes in 2007, but the China Cotton Association said on Wednesday it expects a higher figure. The National Bureau of Statistics
Published 06 Feb, 2009 12:00am
US soyabean futures move both ways

US soyabean futures move both ways

US soyabeans futures closed mixed on Wednesday on with nearby months up on tight soy stocks and good demand but deferred months were lower on forecasts for wetter weather in Argentina. CBOT March soy ended up 4-3/4 cents per bushel at $9.50-3/4 per bushel
Published 06 Feb, 2009 12:00am
Bahrain court sentences al Qaeda suspects to prison

Bahrain court sentences al Qaeda suspects to prison

A Bahraini court sentenced three men to up to five years in prison for belonging to and funding a "terrorist" group abroad, a Bahraini lawyer said on Thursday. In Bahrain, the phrase "a terrorist group abroad" is a reference to al Quaeda.
Published 06 Feb, 2009 12:00am
Madrid bombings convict acquitted

Madrid bombings convict acquitted

A 41-year-old Moroccan who was sentenced by a Spanish court for the 2004 Madrid train bombings was Thursday acquitted of other terrorism charges in Morocco, the national news agency MAP reported.Hassan el-Haski is serving a 14-year prison sentence in Spai
Published 06 Feb, 2009 12:00am
Paris Match fined for photos of Sarkozy son's wedding

Paris Match fined for photos of Sarkozy son's wedding

A court in the Paris suburb of Nanterre on Thursday fined the glamour magazine Paris Match 4,000 euros (5,120 dollars) for publishing unauthorised photos of the wedding of French President Nicolas Sarkozy's son Jean, French media reported.A rival magazine
Published 06 Feb, 2009 12:00am
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