News Archives for Print - 2009-02-09

Print - 2009-02-09

Bangladesh interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Sunday 68.90/68.90 (previous 68.90/68.93).

Published 09 Feb, 2009 12:00am

Two killed in road accident

Two persons were killed and two others injured when a truck overturned near Muzaffargarh early on Sunday. As per details, a truck fully loaded with coal was coming from Balochistan to Punjab when it turned turtle after its axle was broken down. Two person

Published 09 Feb, 2009 12:00am

Climate change threatens uplift prospects of South Asian nations: World Bank

Over 50 percent of South Asians - more than 750 million people - have been affected by natural disasters in the last two decades, while the human and economic toll has been high with almost 230,000 deaths and about 45 billion dollars in damages.

Published 09 Feb, 2009 12:00am

Government project for vegetable seed and nursery facilitation unit

Government is implementing a project for establishment of facilitation unit for Vegetable Seed and Nursery Programme with the total estimated cost of Rs 497.5 million. Under the project, 20 participatory seed and nursery production units are to be establi

Published 09 Feb, 2009 12:00am

Over Rs three billion to be spent on providing basic facilities

Provincial government has chalked out a well-knitted plan costing more than Rs 3 billion for banishing backwardness and to provide basic facilities in rural areas of the Punjab.

Published 09 Feb, 2009 12:00am

New petroleum policy to be announced soon

Government is working on a new petroleum policy and Ministry of Petroleum and Natural Resources officials are unilaterally giving final touches to the policy for petroleum exploration and production companies, inviting doubts over its effectiveness, accor

Published 09 Feb, 2009 12:00am

Excellence in education vital for national development: Prime Minister

The Prime Minister, Syed Yousaf Raza Gilani has said on Sunday that national development and progress is not possible without excelling in education. Addressing the ninth convocation of the Bahauddin Zakariya University (BZU), he said that South Punjab re

Published 09 Feb, 2009 12:00am

Handicraft centers to be established

Ministry of Trade and Production has decided to establish handicraft centers in the far-flung areas of southern Punjab to highlight the culture, embroidery and handicrafts of the region. About 2 million meter cloth would have been prepared with hand and m

Published 09 Feb, 2009 12:00am

CDA to engage private sector for land acquisition

The Capital Development Authority (CDA) has decided to engage private sector companies for the acquisition of land in sector F-12, that has now become an uphill task for the Authority.

Published 09 Feb, 2009 12:00am

Fesco's shutdown notice

Faisalabad Electric Supply Company (Fesco) has issued shutdown program for the necessary repair and maintenance of electricity lines. According to the schedule issued here Sunday, power supply from Mankera,

Published 09 Feb, 2009 12:00am

Free medicines at Lady Wellington hospital

Lady Wellington hospital on the direction of MNA Hamza Shahbaz has started supplying patients with medicines free of cost, Medical Superintendent of the hospital Dr Afzal Shaheen revealed here on Sunday. He said that Rs 4.5 million has been provided to th

Published 09 Feb, 2009 12:00am

Passco starts paddy procurement

Pakistan Agricultural Storage Services Corporation (Passco) has procured paddy from Punjab, Sindh and Balochistan. Passco Managing Director, Major General, Saeed Anwar Khan told APP on Sunday that 453,997.960 m ton was purchased from Punjab while paddy pr

Published 09 Feb, 2009 12:00am

Business community demands cut in interest rates

Hike in electricity and gas tariff coupled with increase in interest rates and severe shortage of power, have seriously hit the industrial competitiveness besides facing dilemma in achieving the export targets.

Published 09 Feb, 2009 12:00am

Measures under way to control population: minister

Federal Minister for Population Welfare, Dr Firdous Ashiq Awan has said that effective measures are being taken to control rapid population growth. She stated this while talking to media during her visit to a medical camp, set up by National Trust for Pop

Published 09 Feb, 2009 12:00am

Rs 20 million approved for welfare of minorities

The Federal Ministry of Religious Affairs has approved Rs 20 million for welfare of minority community dwelling in Khuzdar district, said MNA Muhammad Usman advocate.

Published 09 Feb, 2009 12:00am

Gang busted with looted cash and valuables

CIA Police, Iqbal Town division have busted a gang of criminals involved in a number of incidents of dacoity and street crimes and arrested its two members and seized cash, cell phones as well as illegal weapons from them. The accuseds have confessed to a

Published 09 Feb, 2009 12:00am

Senate elections: PPP receives 130 applications

The Pakistan Peoples Party (PPP) has so far received 130 applications for the Senate seats in the province of Punjab. The Parliamentary Board of the Party will in near future issue the final list of the candidates. Then President Asif Ali Zardari would de

Published 09 Feb, 2009 12:00am

'Chief minister Punjab working hard to serve the poor'

'Punjab Chief Minister, Muhammad Shahbaz Sharif was taking all steps to ensure the provision of free medicine for the poor,' the Speaker of Punjab Assembly, Rana Muhammad Iqbal said on Sunday. He said that the nation was ready to face all challenges that

Published 09 Feb, 2009 12:00am

Valentine's Day a blessing for flower sellers

Arrival of Valentine Day is a blessing for the flower sellers in the capital as they can earn huge amount by selling colourful bouquets and flowers. The flower sellers are impatiently waiting for the day sitting in their beautifully illuminated shops.

Published 09 Feb, 2009 12:00am

Shahbaz chairs meeting on law and order in Punjab

The Punjab Chief Minister Mian Shahbaz Sharif talking to journalists soon after arriving from London said on Sunday that he had dismissed DPO Dera Ghazi Khan and other officers for negligence on the recent suicide attack. He said that he had not written a

Published 09 Feb, 2009 12:00am

PPP implementing strategy to weed out poverty

Pakistan People's Party (PPP) is implementing a comprehensive strategy to weed out poverty on permanent basis and forms of Benazir Income Support Program (BISP) would be distributed through party organisation during second phase of this program.

Published 09 Feb, 2009 12:00am

'PPP working for wellbeing of masses'

Pakistan People's Party (PPP) has buried the politics of confrontation and it is working for the progress and prosperity of the country.

Published 09 Feb, 2009 12:00am

Headmaster flees 'living hell' in Swat valley

Sitting on a cold floor in a mud house on the outskirts of Peshawar, Akbar Ali fights back tears about getting his five children and pregnant wife out of the 'hell' in Swat valley. When religious extremists came to his village, his life as a respected loc

Published 09 Feb, 2009 12:00am

Tribal area migrants confronting residential problem

People who have migrated to twin cities of Islamabad and Rawalpindi from tribal areas (TAs) due to law and order situation are facing residential problems.

Published 09 Feb, 2009 12:00am

'PPP government empowered women'

The Sindh Minister for Women Development Ms Tauqeer Fatima Bhutto has said that our religion and constitution has given basic rights, protection and freedom in prescribed limits to women and PPP government has empowered women whenever it gets the chance t

Published 09 Feb, 2009 12:00am

Female managers to head 10 percent NBP branches

As many as 10 percent of the branches of the National Bank of Pakistan (NBP) would be headed by the female managers, as they are performing quite well. This was stated by NBP's Senior Executive Vice-President and Group Chief, Human Resources Management an

Published 09 Feb, 2009 12:00am

Khalid Hasan's death condoled

The Vice Chancellor GC University, Dr Khalid Aftab has expressed grief on the sad demise of veteran journalist and eminent columnist, Khalid Hassan. In his condolence message, to the bereaved family, he prayed to Almighty Allah to bless the departed souls

Published 09 Feb, 2009 12:00am

Farmers to hold protest rallies today

Kissan Board Pakistan (KBP) has announced that farmers would hold protest rallies throughout the country today (Monday) against the government's agriculture policies and black-marketing of urea fertiliser.

Published 09 Feb, 2009 12:00am

Two more MQM ministers likely to be inducted in cabinet

The federal cabinet will further be expanded as the government has agreed in principle to induct two more ministers from the Muttahida Qaumi Movement (MQM) in the cabinet. Sources told Business Recorder here on Sunday that the two prominent MQM MNA

Published 09 Feb, 2009 12:00am

Shortage of quality cotton enables ginners to raise asking prices to Rs 3490, spot rate at Rs 3400

The replete cotton sellers/buyer faced had not settled until the last day and for a moment it seemed sales and prices had been determining their ways and value in darkness. However, the spot rate was sustained for some days at Rs 3350, which ultimately se

Published 09 Feb, 2009 12:00am

Shortage of quality cotton enables ginners to raise asking prices to Rs 3490, spot rate at Rs 3400

Published 09 Feb, 2009 12:00am

No volatile price movement seen on wholesale commodity markets

The trading on commodity wholesale markets kept to snaps pace in the early days while fluctuations too were not so sharp. However, on Monday til low type dropped Rs 100 to Rs 2,700, while the other type stayed put at last level. Irri 6 Sindh rose by Rs 25

Published 09 Feb, 2009 12:00am

Admissions schedule for course in music announced

The Centre for Music, Institute of Sindhology and University of Sindh has announced the new admissions schedule for 4-month certificate course in music under evening programme here on Saturday.

Published 09 Feb, 2009 12:00am

40kg of hashish seized

Jaffarabad police on Sunday recovered and seized 40 kilograms of hashish from a truck and arrested its driver, in Dera Allah Yar town of Jaffarabad district, an official of Jaffarabad police said. He said that a special police team deployed on inter-provi

Published 09 Feb, 2009 12:00am

Shah Abdul Latif Bhittai: arrangements for urs celebrations finalised

All arrangements for 265th annual urs celebrations of Hazrat Shah Abdul Latif Bhittai (R.A) have been finalised. The Governor Sindh will inaugurate the urs celebrations by laying chaddar on the mazar, offering Fateha and performing other important activit

Published 09 Feb, 2009 12:00am

Present level of cotton prices have compromised with ailing economy

By the end of January,09, total seed-cotton equivalent of 10.8+ million running bales has reached the ginneries which confirms that total crop this season may be between 11.0 and 11.5 million running bales; almost equal to last year crop of 11.334 million

Published 09 Feb, 2009 12:00am

Present level of cotton prices have compromised with ailing economy

Published 09 Feb, 2009 12:00am

A victim of PSO's nationalisation

Nationalisation, perhaps, brought elevation, upgradation and boon to the undeserving, inefficient, incapable, sycophants, it, without a single reservation, in many cases, severely damaged the initiative and cruelly hampered the zeal of the result-oriented

Published 09 Feb, 2009 12:00am

Loan write-offs and PAC

The Public Accounts Committee (PAC) under the chairmanship of the Leader of the Opposition in the National Assembly, Chaudhry Nisar Ali Khan, has requested the Finance Ministry to provide a list of people whose loans were written off during the eight year

Published 09 Feb, 2009 12:00am

The upcoming Senate election

None of the previous Senate elections generated so much heat as the one being held on March 4 is likely to do. Not because it would put the fate of the present ruling coalition on line, it is so because it would determine the fate of the Seventeenth Amend

Published 09 Feb, 2009 12:00am

The inexplicable logic of holiday

The nation observed this year's Kashmir Solidarity Day on February 5 with what is often described as 'usual fervour and zeal'. Like so many years in the past, political and religious parties took out processions while the top government leaders participat

Published 09 Feb, 2009 12:00am

New SBP governor defends monetary policy

The discount rate, calmly proclaimed the new State Bank Governor, Salim Raza, will remain unchanged. Why, queried initially Shaukat Aziz's and later Musharraf's trusted factotum in the Finance Ministry, Dr Salman Shah, must it remain unchanged?

Published 09 Feb, 2009 12:00am

As unemployment rises, Uncle Sam has jobs

The economic downturn has forced private industry and state and local government to shed jobs, but one major employer in the United States is hiring: The federal government. While America's 11 million unemployed and the millions more who fear losing their

Published 09 Feb, 2009 12:00am

For Brazil's landless, crisis brings hope

Ozano dos Santos admits to knowing little about the global economic crisis beyond snippets of Brazilian television news and conversations at his small bar. But he senses it can only be a good thing for the movement he calls his "father."

Published 09 Feb, 2009 12:00am

US drone attacks

The ongoing US drone attacks on suspected terrorists and their hideout in FATA are major cause of unease for Pakistan as despite criticism from almost all circles within the country US administration looks adamant to continue these attacks as US Defence S

Published 09 Feb, 2009 12:00am

24 bodies pulled from plane wreck in Brazil river

Rescue workers recovered 24 bodies on Sunday from the bottom of a river in the Amazon jungle after a plane crashed in bad weather, airline officials and rescue workers said. Divers pulled the bodies out of the wreckage in the murky waters of the Manacapur

Published 09 Feb, 2009 12:00am

US to assist Bangladesh with maritime patrols

The United States wants to help Bangladesh protect mineral-rich waters it claims in the Bay of Bengal through maritime patrolling, a senior US official said Sunday."I think there is some interest in maritime patrols to protect your sea areas better. There

Published 09 Feb, 2009 12:00am

Drought starts to bite in northern Kenya

Clouds of dust rising above the harsh scrub herald the arrival of more livestock at a borehole in north-eastern Kenya, the end for some of a 45-km (28-mile) trek for water that must be repeated every few days.

Published 09 Feb, 2009 12:00am

Reformist Khatami declares bid for Iran presidency

Reformist former president Mohammad Khatami Sunday declared his intention to stand in Iran's upcoming presidential elections in a challenge that could see the ouster of the incumbent hard-line government. "I strongly announce my candidacy in the elections

Published 09 Feb, 2009 12:00am

At least six killed in attacks across Iraq

A string of attacks, including three consecutive blasts in Baghdad, left at least six Iraqis dead on Sunday, local media reported.The first blast injured two civilians on a main thoroughfare in Baghdad's al-Karada district early in the morning, police sou

Published 09 Feb, 2009 12:00am

Assault trial date set for Bush shoe assailant

The journalist who threw his shoes at former US President George W. Bush will face trial on February 19 for assaulting a visiting head of state, with a maximum 15-year prison term, a court official said on Sunday. Muntazer al-Zaidi's defence lawyers lost

Published 09 Feb, 2009 12:00am

WWII bomb found in southern Japan

Flights were cancelled and residents evacuated while an unexploded bomb believed to have been dropped by US forces during World War II was made safe in southern Japan on Sunday. The 120-centimetre (48-inch) long rusty bomb was found in late January by wor

Published 09 Feb, 2009 12:00am

Bomb kills four in southern Afghanistan

A bomb detonated by Taliban militants in southern Afghanistan killed four people including two American nationals on Sunday, police said. Afghan police forces found a roadside bomb device in Nad Ali district of southern Helmand province and called the US

Published 09 Feb, 2009 12:00am

Obama team reaches out in first foreign outing

The US administration signalled a new spirit of international co-operation this weekend but called for its allies to do more and painted a bleak picture of the war in Afghanistan. Vice President Joe Biden used the Munich Security Conference in the souther

Published 09 Feb, 2009 12:00am

Sri Lankan government prepares to receive 100,000 war refugees

The Sri Lankan government is preparing to receive some 100,000 civilians fleeing Tamil rebel-held areas in the northern part of the country after some 10,000 have already crossed over to military controlled areas, officials said Sunday.

Published 09 Feb, 2009 12:00am

Madagascar opposition chief vows to fight on

Madagascar's opposition leader Andry Rajoelina said Sunday that there would be no let-up in his anti-government campaign, a day after security forces opened fire at his supporters and killed 28 of them.

Published 09 Feb, 2009 12:00am

Violence erupts during southern Nepal strike

Violence erupted in several paces in southern Nepal Sunday as a crippling general strike paralysed normal life across the region.The two-day general strike called by Tharu Welfare Council, a group representing ethnic Tharu community in southern Nepal, has

Published 09 Feb, 2009 12:00am

Asian currencies mixed against dollar

Asian currencies ended the week mixed against the dollar ahead of a major US economic stimulus plan expected to be unveiled next week.

Published 09 Feb, 2009 12:00am

Indian equities expected to edge up

Indian markets are likely to edge upwards next week as hopes of a fresh stimulus from the government in the interim budget gain strength, dealers said on Friday. For the week to February 6, the benchmark 30-share Sensex index fell 1.32 percent or 123.38 p

Published 09 Feb, 2009 12:00am

Australian shares likely to fluctuate

Australian shares were likely to fluctuate, with any positive news to be offset by further signs of weakening demand in the commodities sector, dealers said. For the week ending February 6 the benchmark S&P/ASX 200 index dropped 70.8 points, or two percen

Published 09 Feb, 2009 12:00am

Norway unveils 11.4 billion euro rescue package

The Norwegian government unveiled Sunday an 11.4- billion-euro (14.7-billion-dollar) rescue package aimed at helping companies and individuals struggling with the global economic crisis.

Published 09 Feb, 2009 12:00am

Dutch Internet search engine claims to offer total privacy

A Dutch company says it has developed the world's first Internet search engine that guarantees users absolute privacy. Ixquick (www.ixquick.com), established in 1998, is a so-called meta-search engine, which uses the search results of several search engin

Published 09 Feb, 2009 12:00am

Google Latitude pinpoints whereabouts of family, friends

Google on Wednesday unveiled a new feature that allows users to track the location on Google Maps of friends or family using a mobile smartphone. Google Latitude uses Global Positioning System (GPS) technology to show the "approximate" whereabouts on a Go

Published 09 Feb, 2009 12:00am

Google Earth dives into ocean exploration

Online search powerhouse Google launched a new service on Monday to allow Internet users to explore the depths of the world's oceans from the comfort of their homes on dry land. The "Ocean in Google Earth" feature allows users to virtually dive beneath th

Published 09 Feb, 2009 12:00am

MSN unveils a wall of entertainment news

Microsoft Corp's Web portal MSN on Thursday unveiled gossip site Wonderwall.com, a scrolling wall of star photos and news meant to give users the feel of flipping through a celebrity magazine.

Published 09 Feb, 2009 12:00am

Mobile phones fight disease, uncover news in developing lands

As mobile phones spread rapidly around the world, activists and truth lovers are turning to them as tools for organising and communicating. Scientists and do-gooders sharing innovations and ideas on Wednesday at a Technology, Entertainment, Design (TED) C

Published 09 Feb, 2009 12:00am

Yahoo launches search tool to help better organise bounty of information

Yahoo Inc is panning for gold in waters that Google Inc abandoned. Yahoo in a blog post on Wednesday said that it was testing a new tool to help people better organise the bounty of information that crops up while doing research on the Web. Search Pad is

Published 09 Feb, 2009 12:00am

EU media chief rules out Internet freedom law

A European Union law to reinforce freedom on the Internet would be unnecessary and put operators in a difficult position, the bloc's top telecoms and media regulator said on Tuesday. The US Congress has drafted a Global Online Freedom Act.

Published 09 Feb, 2009 12:00am

Samsung Electronics to produce 40 nanometre DRAM chips

Samsung Electronics Co Ltd will begin producing DRAM chips using 40-nanometre technology this year, as the world's top memory chip maker looks to widen its lead in a sector suffering its worst-ever downturn.

Published 09 Feb, 2009 12:00am

Amazon offers game downloads

Online retail giant Amazon began offering game downloads on Tuesday, opening an online store featuring more than 600 titles. Amazon said all of the casual games available at its new Game Downloads Store at amazon.com/gamedownloads were priced below 10 dol

Published 09 Feb, 2009 12:00am

Asustek and Garmin to launch new smartphone

Taiwan's Asustek Computer on Wednesday announced a tie-up with the world's leading maker of portable navigation devices, Garmin Ltd, to launch a new smartphone. Asustek's chairman said the new device being launched with the US-based Garmin would be simpli

Published 09 Feb, 2009 12:00am

Ericsson, STMicro mobile Internet joint venture

Franco-Italian firm STMicroeletronics and Sweden's Ericsson have set up a new joint venture for building mobile Internet platforms and semiconductors, Ericsson said in a statement on Tuesday.

Published 09 Feb, 2009 12:00am

Google brings e-books to mobiles

Google is making its vast online library of books available for mobile phones. "We are excited to announce the launch of a mobile version of Google Book Search, opening up over 1.5 million mobile public domain books in the US (and over half a million outs

Published 09 Feb, 2009 12:00am

IN SHORT: South Korea to build top-speed information highway

Tech-savvy South Korea will install a nation-wide super-broadband infrastructure by 2013 which would enable the downloading of a feature film in one or two seconds, officials said Tuesday.

Published 09 Feb, 2009 12:00am

Honda US January sales fall

Honda Motor Co's US sales in January fell by a similar margin to the 35 percent drop posted in December, and it will take several months to bring inventory down to sound levels, its chief financial officer said.

Published 09 Feb, 2009 12:00am

Honda US January sales fall

Published 09 Feb, 2009 12:00am

Boeing eyes jump in India defence deals

US aircraft manufacturer Boeing Co is looking to bid for defence projects worth up to $31 billion over the next 10 years in India, as strategic ties between the two countries deepen. "It is a $31 billion market for us to bid in the defence sector and risi

Published 09 Feb, 2009 12:00am

Polo posts lower quarterly profit

Fashion company Polo Ralph Lauren Corp reported lower quarterly profit on February 04, hurt by sales declines at its retail stores and a higher tax rate. Net income fell to $105.3 million, or $1.05 per share, in the third quarter ended on December 27 from

Published 09 Feb, 2009 12:00am

Polo posts lower quarterly profit

Published 09 Feb, 2009 12:00am

'Bleak outlook for emerging market stocks'

For emerging market equity investors there is no hopeful outlook for 2009, no rallying cry of "the darkest hour is that before the dawn." In the words of one industry veteran: "It is darkest before it gets pitch black. The visual is the bottomless pit," e

Published 09 Feb, 2009 12:00am

'Bleak outlook for emerging market stocks'

Published 09 Feb, 2009 12:00am

BHP still looking at M&A, Rio assets 'attractive'

BHP Billiton, the world's biggest miner, is still hunting for cheap take-overs and finds some of rival Rio Tinto's assets attractive, but the subdued market outlook means it is in no hurry to act.

Published 09 Feb, 2009 12:00am

BHP still looking at M&A, Rio assets 'attractive'

BHP Billiton, the world's biggest miner, is still hunting for cheap take-overs and finds some of rival Rio Tinto's assets attractive, but the subdued market outlook means it is in no hurry to act.

Published 09 Feb, 2009 12:00am

Japan's Pioneer to quit flat-panel TV business

Japan's Pioneer Corp is to quit its loss-making flat-screen television business in a sweeping overhaul of its operations, the Nikkei business daily reported on February 07. The company had planned to end in-house production of plasma panels by the end of

Published 09 Feb, 2009 12:00am

Japan's Pioneer to quit flat-panel TV business

Published 09 Feb, 2009 12:00am

Lloyds appoints US former official to board

Lloyds Banking Group, the part-nationalised British bank, on February 02 appointed a former US Treasury official and investment banker to its board.

Published 09 Feb, 2009 12:00am

Where are the foreign investors? Not in Asia

Asian shares and investment grade bonds look very cheap on paper, but may not yet attract foreign investors, suggesting there is more downside to markets before a solid recovery.

Published 09 Feb, 2009 12:00am

Volkswagen pushing ahead with US investment

Volkswagen AG has no plans to taper US investment despite the recession, but believes government needs to play a strong role in boosting consumer interest in fuel efficient vehicles, the company's chief executive said on February 03.

Published 09 Feb, 2009 12:00am

Bangladesh remittances hit record $865.25 million in January

Money sent home by Bangladeshis working overseas hit a record of $865.25 million in January, up 21.8 percent from a year earlier, the central bank said on Sunday.

Published 09 Feb, 2009 12:00am

Global arms firms head to weapons-hungry India

Global armament and aerospace firms are flocking to India which is offering rich pickings in military contracts worth tens of billions of dollars despite an economic slowdown. The hardware-hungry military says it cannot cut defence spending despite the sl

Published 09 Feb, 2009 12:00am

Tokyo trading may range-bound in cautious trading

Japanese shares are expected to be rangebound in cautious trading next week with the market looking to details of a US financial rescue plan, analysts said Friday. They also said the market would closely watch progress in Congress of another stimulus plan

Published 09 Feb, 2009 12:00am

Athletics: Hooker clears 6.06 metres, aims to eclipse Bubka

Australian Olympic champion Steve Hooker became the world's second-highest indoor pole vaulter when he cleared 6.06 metres at the Boston Indoor Games on Saturday. Only Ukrainian Sergei Bubka, whose world record is 6.15 metres, has jumped higher.

Published 09 Feb, 2009 12:00am

West Indies rout is 'worst start' for Strauss: press

The British press was scathing Sunday about England's performance in their heavy defeat by the West Indies, labelling it the "worst possible start to Andrew Strauss's captaincy". Strauss earlier rejected suggestions that there is lingering tension in the

Published 09 Feb, 2009 12:00am

Strauss offers no excuses after West Indies humiliation

England captain Andrew Strauss offered no excuses as his side were bowled out for 51, their third-lowest in history, on the way to a humiliating innings and 23 run defeat against the West Indies on Saturday.

Published 09 Feb, 2009 12:00am

Sri Lanka clinch consolation win against India

Tillakaratne Dilshan top-scored with a solid 97 as Sri Lanka prevented an Indian clean sweep with an emphatic 68-run win in the fifth and final one-day international here on Sunday.

Published 09 Feb, 2009 12:00am

JGB futures dip, but cut losses as short bonds gain

Japanese government bond futures dipped to a 2-1/2-month low on Friday as Tokyo shares tracked Wall Street higher on a softer yen and hopes for the US government's plan to shore up the financial system. But futures trimmed losses on the gloomy outlook for

Published 09 Feb, 2009 12:00am

JGB futures dip, but cut losses as short bonds gain

Published 09 Feb, 2009 12:00am

Taiwan shares may encounter technical resistance

Taiwan share prices are expected to encounter strong technical resistance before the market moves above 4,500 points next week, dealers said on Friday. The bourse is likely to drop at the beginning of the week before regaining momentum in the second half

Published 09 Feb, 2009 12:00am

Malaysian shares may face choppy trade

Malaysian shares were likely to fluctuate due to a lack of fresh leads and profit-taking, analysts said Friday. "I expect the bourse to test the 900 points level in the first few days of trading.

Published 09 Feb, 2009 12:00am

Hong Kong shares may face volatility

Hong Kong share prices will be volatile and news-driven next week, as investors look for clues from economic indicators and corporate results amid the worsening global economy, dealers said. For the week ending February 6, the benchmark Hang Seng Index cl

Published 09 Feb, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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