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Nov 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-02-09
Dutch Internet search engine claims to offer total privacy

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 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

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

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

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 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

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 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

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

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

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 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
Honda US January sales fall

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

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
Boeing eyes jump in India defence deals

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

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

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
'Bleak outlook for emerging market stocks'

'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'

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

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 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 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

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
Lloyds appoints US former official to board

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

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 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
Global arms firms head to weapons-hungry India

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
Norway unveils 11.4 billion euro rescue package

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
Turmoil for Merkel after minister tries to quit

Turmoil for Merkel after minister tries to quit

German Chancellor Angela Merkel must quickly get her house in order, after a failed bid by her economy minister to quit in the midst of a crippling recession, business leaders and analysts said Sunday.
Published 09 Feb, 2009 12:00am
Britain probing link between bonuses, risk-taking

Britain probing link between bonuses, risk-taking

Britain announced Sunday it will look into whether the promise of big bonuses lured bankers into taking excessive risks, precipitating the global financial crisis.
Published 09 Feb, 2009 12:00am
UBS set to announce historic loss

UBS set to announce historic loss

Switzerland's largest bank, UBS, is expected to announce the biggest loss in the country's history when it releases Tuesday its results for 2008, a year that saw the national icon tarnished by the subprime crisis.
Published 09 Feb, 2009 12:00am
UK's Darling says more BoE rate cuts may not work

UK's Darling says more BoE rate cuts may not work

British finance minister Alistair Darling said on Sunday that more Bank of England rate cuts may have a minimal impact on the economy, and that he had discussed whether to start an alternative policy of 'quantitative easing'.
Published 09 Feb, 2009 12:00am
All eyes on US Treasury's upcoming banking plan

All eyes on US Treasury's upcoming banking plan

A rescue plan for the teetering financial system, likely to impose restrictions and provide relief to homeowners, is to be unveiled Monday by President Barack Obama's administration.
Published 09 Feb, 2009 12:00am
Swiss vote yes to free movement of labour with EU

Swiss vote yes to free movement of labour with EU

Swiss voters agreed Sunday to prolong free movement of labour with the European Union, extending the policy to workers from EU newcomers Bulgaria and Romania, referendum results showed.
Published 09 Feb, 2009 12:00am
Chinese mining group to invest one billion dollars in Peru

Chinese mining group to invest one billion dollars in Peru

The Chinese-owned mining company Shougang Hierro Peru is to invest one billion dollars to expand production at its plant in southern Peru by 10 million tonnes per year, the company's chairman said Saturday.
Published 09 Feb, 2009 12:00am
Japan minister suggests additional stimulus plan

Japan minister suggests additional stimulus plan

Japan's economy minister Kaoru Yosano said Sunday the government may consider offering an extra economic stimulus package if the economy deteriorates further.
Published 09 Feb, 2009 12:00am
Kuwait unveils economic stimulus package

Kuwait unveils economic stimulus package

Kuwait on Sunday unveiled a multi-billion dollar stimulus plan that includes wide-ranging state guarantees for bank loans and assisting troubled investment firms to repay their debts.
Published 09 Feb, 2009 12:00am
Huge money in football is immoral, says Zwanziger

Huge money in football is immoral, says Zwanziger

Theo Zwanziger, president of the German Football Federation (DFB) on Sunday slammed the excessive wages and transfers paid out by football clubs across Europe and says the sums involved are "immoral".
Published 09 Feb, 2009 12:00am
Kaka's foot not broken, still doubtful for derby

Kaka's foot not broken, still doubtful for derby

Brazilian midfielder Kaka has suffered a heavy blow to his left foot but it is not broken, his club AC Milan said on Sunday. The playmaker, who was injured during Saturday's 1-1 Serie A draw with Reggina, looks almost certain to miss Brazil's friendly wit
Published 09 Feb, 2009 12:00am
Haddin ton sets up Australia win

Haddin ton sets up Australia win

Brad Haddin hit his maiden one-day century as Australia ended a five-match losing streak with a 32-run win over New Zealand at the SCG. Promoted to open the batting, Haddin made 109 off 114 balls before being run out as the home side totalled 301-9.
Published 09 Feb, 2009 12:00am
Frustrated Spurs held by 10-man Arsenal

Frustrated Spurs held by 10-man Arsenal

Robbie Keane's return to Tottenham Hotspur was not enough to prevent Sunday's North London derby ending in a frustrating scoreless draw despite Arsenal being reduced to ten men following Emmanuel Eboue's first half dismissal.
Published 09 Feb, 2009 12:00am
Serbia crushes Japan in Fed Cup

Serbia crushes Japan in Fed Cup

Jelena Jankovic overcame Ai Sugiyama 6-3, 6-2 on Sunday to give Serbia an unassailable 3-0 Fed Cup lead over Japan that puts the Balkan nation through to the World Group play-offs for the first time.
Published 09 Feb, 2009 12:00am
Pakistan MPs to probe cricket crisis

Pakistan MPs to probe cricket crisis

A parliamentary committee on sports is to probe Monday the falling standards of Pakistan cricket and the controversy behind the resignation of the director general of the cricket board, a top official said. The committee has summoned team management, form
Published 09 Feb, 2009 12:00am
Athletics: Hooker clears 6.06 metres, aims to eclipse Bubka

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

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

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

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

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

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
Taiwan shares may encounter technical resistance

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
Tokyo trading may range-bound in cautious trading

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
Wall Street may see a bit of daylight

Wall Street may see a bit of daylight

Bruised and battered by the worst economic slump in memory, Wall Street has begun to look past the grim statistics toward a recovery, even if that seems far off, analysts say.
Published 09 Feb, 2009 12:00am
Singapore shares may trade sideways in cautious market

Singapore shares may trade sideways in cautious market

Singapore shares will likely trade sideways in a cautious market, a dealer said. "Caution is still expected to hold sway as investors might not want to hold any large positions over the US jobs report (this) weekend. Technically, the indicators remain mut
Published 09 Feb, 2009 12:00am
Seoul market likely to remain unchanged

Seoul market likely to remain unchanged

South Korea's stock market is expected to trade largely unchanged in the coming week, with investors cautious after its recent steep rise, analysts said Friday. "The market is likely to receive a boost from positive developments such as the US economic st
Published 09 Feb, 2009 12:00am
Hong Kong shares may face volatility

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
Malaysian shares may face choppy trade

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
London bourse awaits Barclays bank results

London bourse awaits Barclays bank results

Investors here are braced for annual results from Barclays due Monday for an update on the health of the banking sector, ravaged by the credit crunch. The FTSE 100 index of leading shares closed Friday at 4,291.87 points, up 3.43 percent or 142.23 points
Published 09 Feb, 2009 12:00am
Australian shares likely to fluctuate

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
Indian equities expected to edge up

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
Asian currencies mixed against dollar

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
Violence erupts during southern Nepal strike

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
Madagascar opposition chief vows to fight on

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
Sri Lankan government prepares to receive 100,000 war refugees

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
Obama team reaches out in first foreign outing

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
Bomb kills four in southern Afghanistan

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
WWII bomb found in southern Japan

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
Assault trial date set for Bush shoe assailant

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
At least six killed in attacks across Iraq

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
Reformist Khatami declares bid for Iran presidency

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
Drought starts to bite in northern Kenya

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
US to assist Bangladesh with maritime patrols

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
24 bodies pulled from plane wreck in Brazil river

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 drone attacks

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
For Brazil's landless, crisis brings hope

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
As unemployment rises, Uncle Sam has jobs

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
New SBP governor defends monetary policy

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
The inexplicable logic of holiday

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
The upcoming Senate election

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
Loan write-offs and PAC

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
A victim of PSO's nationalisation

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
Present level of cotton prices have compromised with ailing economy

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

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
Shah Abdul Latif Bhittai: arrangements for urs celebrations finalised

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
40kg of hashish seized

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
Admissions schedule for course in music announced

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
No volatile price movement seen on wholesale commodity markets

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
Two more MQM ministers likely to be inducted in cabinet

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
Farmers to hold protest rallies today

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
Khalid Hasan's death condoled

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
Female managers to head 10 percent NBP branches

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
'PPP government empowered women'

'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
Headmaster flees 'living hell' in Swat valley

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
'PPP working for wellbeing of masses'

'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
PPP implementing strategy to weed out poverty

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
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