News Archives for Print - 2009-02-23

Print - 2009-02-23

Asian currencies fall against dollar

Asian currencies ended the week down against the dollar, with the yen sinking sharply amid fears for the world's second-biggest economy following a slew of bad data.

Published 23 Feb, 2009 12:00am

Bangladesh interbank forex and interest rates

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

Published 23 Feb, 2009 12:00am

Malaysian shares may face downside

Malaysian shares prices are expected to fall due to domestic political uncertainties and the announcement of weak financial results by local companies, analysts said Friday. Malaysia's profit-reporting season has hampered trade on the bourse over the past

Published 23 Feb, 2009 12:00am

Jakarta shares likely to be stagnant

Indonesian shares are likely to be stagnant due to negative market sentiment over the sluggish world economy, dealers said. "There is no significant good news in Indonesia, and outside Indonesia the news is of weak economic activity, rising unemployment,

Published 23 Feb, 2009 12:00am

Hong Kong share prices to spiral down next week: dealer

Hong Kong share prices will continue to plunge next week as Beijing's economic stimulus plans fail to allay investors' worries about the worsening global economy, a dealer said. For the week ending February 20, the benchmark Hang Seng Index dropped 6.3 pe

Published 23 Feb, 2009 12:00am

Latin American hit by Wall Street sell-off

Latin American financial markets succumbed to another Wall Street sell-off on Friday, with Brazil's benchmark stock index erasing nearly all of its February gains and Mexico's peso touching a record low.

Published 23 Feb, 2009 12:00am

Istanbul stock exchange index declines

Turkish stocks slumped, led by financials, on fears of US bank nationalisations, while the lira and bond yields fell on Friday after a surprise 150 basis point rate cut by the central bank. The main Istanbul stock exchange index declined 3.52 percent to 2

Published 23 Feb, 2009 12:00am

Egypt's index falls

Orascom Telecom, the largest Arab mobile operator by subscribers, extended declines on Sunday, weighing on Egypt's market, after it said it might sell two of its information technology subsidiaries. Shares of Orascom Telecom, the worst performers on the C

Published 23 Feb, 2009 12:00am

Mexico central bank intervenes in foreign exchange market

Mexico's central bank intervened in the foreign exchange market on Friday, offering dollars directly to dealers after the peso hit a record low against the dollar. Mexico's central bank said in a statement the sales were aimed at improving liquidity in th

Published 23 Feb, 2009 12:00am

Australian shares may look for encouraging US signs

Australian investors will be looking to the United States for encouraging signs in an otherwise uncertain climate, dealers said. For the week ending February 20 the benchmark S&P/ASX 200 lost 156.7 points, or 4.4 percent, to close at 3,402.4.

Published 23 Feb, 2009 12:00am

US shares fall to six-year lows on nationalisation fears

US stocks ended a turbulent week by plunging to six-year lows amid concerns over ailing financial institutions and their prospective nationalisation.

Published 23 Feb, 2009 12:00am

Website of Iran's Khatami supporters blocked

Two websites run by a group supporting former Iranian president Mohammad Khatami's candidacy for the June presidential election have been blocked, a newspaper reported on Sunday. A news website and another where supporters can post their messages run by t

Published 23 Feb, 2009 12:00am

Supreme Court hears immigrant's ID theft case

Ignacio Carlos Flores-Figueroa, an undocumented worker from Mexico, made a curious and undeniably bad decision. After working under an assumed name for six years, he decided to use his real name and exchanged one set of phony identification numbers for an

Published 23 Feb, 2009 12:00am

Four dead in Gaza tunnel collapse: medics

Four Palestinians were killed on Sunday when a tunnel used for smuggling between the Gaza Strip and Egypt collapsed on top of them, medics said. The victims were between the ages of 17 and 25, they said. The tunnels were thought to have collapsed after to

Published 23 Feb, 2009 12:00am

Latest airstrike, clashes leave 19 Taliban dead in Afghanistan

Nineteen Taliban insurgents were killed in Nato airstrike and clashes with Afghan security forces in southern and eastern regions of the country, officials said Sunday.Eight suspected militants were killed when their vehicle was destroyed by a Nato warpla

Published 23 Feb, 2009 12:00am

Chavez makes brief surprise visit to Cuba

Venezuelan President Hugo Chavez has made a brief surprise visit to Cuba to meet with Raul and Fidel Castro and celebrate with them his victory in last Sunday's constitutional referendum. It was the Venezuelan leader's first trip abroad since winning a re

Published 23 Feb, 2009 12:00am

France says Iran should allay Gulf Arab fears

France, set to open a military base in the United Arab Emirates this year, said on Sunday that Iran should take part in a dialogue with Gulf Arab countries to ally their fears over its nuclear programme. France is among world powers trying to exert pressu

Published 23 Feb, 2009 12:00am

Bangladesh ferry death toll rises to 39

Search and rescue workers in southern Bangladesh recovered 12 more dead bodies following a ferry accident, bringing the death toll to 39, police said Sunday. Local police chief Nuruzzaman Chowdhury told AFP many people were gathered on the banks of the ri

Published 23 Feb, 2009 12:00am

Afghans face another crisis of air pollution

Severe air pollution in Afghanistan's major cities will lead to an environmental disaster unless measures are taken to avert the looming crisis, a senior official said on Sunday.

Published 23 Feb, 2009 12:00am

More torture accusations against British security services

Further accusations of involvement by Britain's security services in the torture of terrorist suspects abroad were reported in British newspapers on Sunday.At least ten more British suspects were abused whilst in the custody of Pakistan's security service

Published 23 Feb, 2009 12:00am

MP accused of ordering Iraq parliament suicide bomb

A Sunni Arab MP was accused on Sunday of ordering an April 2007 suicide bombing in the Iraqi parliament's canteen that killed eight people including a fellow lawmaker. Major General Qassem Atta, spokesman for Baghdad's military security command, made the

Published 23 Feb, 2009 12:00am

UN humanitarian team visits cholera-hit Zimbabwe

A UN humanitarian team arrived in Zimbabwe Saturday for a visit aimed at curbing a deadly cholera epidemic and food crisis and which will include a meeting with President Robert Mugabe, officials said.

Published 23 Feb, 2009 12:00am

Greece cargo ship pirates off Somalia

Pirates seized a Greek-owned cargo ship off the coast of Somalia on Sunday, Greece's merchant marine ministry said. "Pirates seized the Maltese-flagged cargo ship Saldanha, with 22 crew, off Somalia," the ministry said. It said the vessel, loaded with coa

Published 23 Feb, 2009 12:00am

Police recover kidnapped child after 10 days

Police has recovered a 10-year-old kidnapped student from the surrounding area of Kohat after 10 days. As per details, the accused Tahir who is the relative of kidnapped student (10 years), had kidnapped him from his school and took him to his Pathan frie

Published 23 Feb, 2009 12:00am

'Unlimited luxuries'

The banking industry has recently passed through the most difficult time of the global banking history. The world renowned analysts are of the opinion that banks will take time to recover from the kind of losses they have passed through.

Published 23 Feb, 2009 12:00am

ROVER'S DIARY: government should have supported local people to resist Taliban

Alas, ballot power had to surrender to the bullet power on the mountains and in the valleys of Swat.

Published 23 Feb, 2009 12:00am

Obama walks line between politics, economy

How do you strike a balance between good politics and sound economics when trying to achieve financial stability? That's a question President Barack Obama has had to answer just weeks into his tenure at the White House. The results, so far, have been mixe

Published 23 Feb, 2009 12:00am

Indian budget 2009-2010

The Indian budget announced by stand-in Finance Minister Pranab Mukherjee who is also External Affairs Minister, for the fiscal year 2009-10 would have many a developed country drooling over its state of the economy and growth forecasts for the forthcomin

Published 23 Feb, 2009 12:00am

'Slump' in Karachi property market

After experiencing years of boom, it seems that Pakistan's real estate sector is gradually entering a downward curve, and the downslide is likely to continue in the months ahead. Property prices in Karachi, especially of plots, have come down by eight to

Published 23 Feb, 2009 12:00am

PML (N) and the lawyers sit-in

With the PML-N's decision to join lawyers' sit-in at the Constitution Avenue next month their movement for restoration of deposed judges is back at the centre stage of the never-ending national political theatre. The party chief, Mian Nawaz Sharif, had we

Published 23 Feb, 2009 12:00am

FDI declines alarmingly

Foreign Direct Investment (FDI) from July 2008 to January 2009 has fallen by 13 percent, according to the latest figures released by the State Bank of Pakistan. The main contributor to this decline was portfolio investment. Between July to January 2007-08

Published 23 Feb, 2009 12:00am

SGA starts hepatitis eradication training in 12 districts

The Sindh Graduates Association (SGA) in collaboration with Mehran Cultural Group Dubai has started work for eradication of Hepatitis B and C disease in 12 districts of Sindh. The SGA in this connection organised couple of workshop cum training to take th

Published 23 Feb, 2009 12:00am

Every Kashmiri wants freedom: AJK Prime Minister

Prime Minister of Azad Kashmir, Sardar Muhammad Yaqoob Khan on Sunday said that every new born Kashmiri child wants freedom. In his brief discussion with media after visiting the Mazar-e-Quaid, here, he said that we do not want to conquer India but Kashmi

Published 23 Feb, 2009 12:00am

Forestry course results announced

The Sindh Public Service Commission Hyderabad through its written Competitive Examination and Viva-Voce test held in the month of November 2008, has recommended the following names of fit and suitable candidates for their selection for M.Sc. & B.Sc. Stipe

Published 23 Feb, 2009 12:00am

Sindh government to hold 95 workshops for growers: minister

The Sindh Ministry of Rural Development has planned to conduct 95 workshops in different parts of interior Sindh to train and make the growers aware about the agriculture reforms and modern techniques of cultivation with the view to raise their living sta

Published 23 Feb, 2009 12:00am

Moot on anomalies in sales tax February 24

The Southern Regional Committee of the Institute of Chartered Accountants of Pakistan (ICAP) will organise a seminar on 'Anomalies in Sales Tax and Federal Excise' at its premises here on Tuesday (tomorrow). An announcement to this effect was made in a st

Published 23 Feb, 2009 12:00am

MSA DG promoted to Rear Admiral

The government has announced the promotion of Director General Maritime Security Agency (MSA), Commodore Tehseen Ullah Khan, to the rank of Rear Admiral with immediate effect. An announcement to this effect was made through a ISPR (Navy) press release iss

Published 23 Feb, 2009 12:00am

MNAs participate in mangrove sapling plantation

Three members of the sub-committee of National Assembly's Standing Committee on Environment, joined school children of Karachi in planting mangrove saplings in the mud flat between Jherry and Gharo creek in the Port Qasim area. An announcement here said t

Published 23 Feb, 2009 12:00am

Slow activity on wholesale commodity market under world recession impact

Lower buying activity on the commodity wholesale markets, to some extent impacted by world trend, pushed prices down during the week ended on February 21, 2009. Wheat prices leading the fall. The fluctuations were not many, more so, in early days. However

Published 23 Feb, 2009 12:00am

'Tree plantation during Hamara Karachi Festival'

A tree plantation campaign would be carried out during the 'Hamara Karachi Festival', Nazim of Gulshan-i-Iqbal Karachi, Muhammad Wasay Jalil, announced on Sunday. He further stated that this festival would be marked in a befitting manner. A camp would be

Published 23 Feb, 2009 12:00am

Seminar on 'Movement to Restore Judiciary' today

The Peoples Resistance is hosting a seminar titled 'Movement to Restore Independent Judiciary: Truths, Myths and Realities' today (Monday) at 6:30pm PMA House. Speakers include Muneer Malik and Rasheed Rizvi, senior lawyers from the Bar Associations, Judg

Published 23 Feb, 2009 12:00am

Buyers and sellers' cautious attitude keeps market under pressure, spot rate slashed by Rs 50 to Rs 3,350

Cautious buying and selling were observed on the cotton market, as both the buyers and sellers keenly watched the developments in the world and local markets. The sellers however gave in to widely visible shape and cut spot rate by Rs 50 to Rs 3350.

Published 23 Feb, 2009 12:00am

Buyers and sellers' cautious attitude keeps market under pressure, spot rate slashed by Rs 50 to Rs 3,350

Published 23 Feb, 2009 12:00am

Cop awarded cash, certificate

Capital City Police Officer Muhammad Pervaz Rathore has awarded cash prize and commendatory certificate to constable Amjad Ali for the arrest of a proclaimed offender, who was wanted by Batapur police for 18 years. According to details, the arrested Liaqu

Published 23 Feb, 2009 12:00am

Investors should not be harassed: PEW

The Pakistan Economy Watch (PEW) on Sunday said businesspersons investing billions of rupees in Pakistan despite skyrocketing uncertainty should not be harassed. Deteriorating business and investment climate should not be compromised over political issues

Published 23 Feb, 2009 12:00am

Communist party of China's delegation arrives

A six-member delegation of Communist Party of China (CPC) headed by Deputy Minister for International Relations of CPC, Liu Hongcai arrived at Allama Iqbal Airport, Lahore on Sunday.

Published 23 Feb, 2009 12:00am

New monetary policy rejected

The Vice President of Anjuman Tajran Sanitary Ware Mian Saleem here on Sunday said that keeping the 15 percent interest rate was detrimental to them. Rejecting the new monetary policy he averred that this Policy was deplorable and would bring the economy

Published 23 Feb, 2009 12:00am

Action against fake witnesses, guarantors, touts directed

Capital City Police Officer (CCPO), Muhammad Pervez Rathore has directed crackdown on large scale against fake witnesses, guarantors and touts. While presiding over a meeting of police officers, CCPO said that fake intones guarantors and touts are a big h

Published 23 Feb, 2009 12:00am

Lawyers' movement single-person oriented now, says Fazal

The Head of JUI Maulana Fazal-u-Rehman said that lawyers' movement was now only limited to reinstatement of a single man. He was talking to Imtiaz Alam, Secretary General of Safma here on Sunday. He said endeavours of only reinstatement of Justice Iftikha

Published 23 Feb, 2009 12:00am

Punjab coalition partners differ on celebrating Basant

It is not only the widening gulf over political and judicial issues, the coalition partners in Punjab government PML-N and PPP are polls apart even on the essential cultural matters.

Published 23 Feb, 2009 12:00am

Fehmida and Kundi condole death of Aziz Azmi

Dr Fehmida Mirza, Acting President and Faisal Karim Kundi, Acting Speaker of National Assembly have condoled the death of Syed Aziz Azmi, an assignment editor of SAMA TV who died on Saturday in Karachi. In their separate messages of condolence to the bere

Published 23 Feb, 2009 12:00am

Government can't be shaken through long march, says Wattoo

Federal Minister for Industries and Production Mian Manzoor Ahmed Wattoo has said that the government was not so debilitated that can be thrown out of power through long marches and sit-ins.

Published 23 Feb, 2009 12:00am

Bilawal Bhutto Zardari may contest Oxford union polls

Bilawal Bhutto Zardari, the 20-year-old son of slain former premier Benazir Bhutto, is planning to run for treasurer in student elections at Oxford Union Society next week. Bilawal, who was named chief of the Pakistan People's Party after his mother's ass

Published 23 Feb, 2009 12:00am

'No one allowed to derail democratic process'

Federal Minister for Communications, Dr Arbab Alamgir Khan said on Sunday the government will not allow any one to derail the process of democracy as democratic institutions are running smoothly and peoples' problems are being solved at their door steps'.

Published 23 Feb, 2009 12:00am

MJP to observe protest day on February 27

Millat-i-Jafaria Pakistan (MJP) has announced to observe protest day on February 27 (Friday) across the country to express its anger over tragic incidents of Dera Ismail Khan, Dera Ghazi Khan, Parachinar, Quetta, Hangu and Tank.

Published 23 Feb, 2009 12:00am

Liaquat Baloch criticises attacks on journalists

The Naib Amir Jamaat-i-Islami Liaquat Baluch here on Sunday have criticised attack on journalists in the Country. He also lamented murder of Musa Khan of a private TV channel. He said the sacrifice of the journalist was an example to be followed and shoul

Published 23 Feb, 2009 12:00am

Kissan Board: inter-provincial wheat movement hailed

Kissan Board Secretary General Malik Muhammad Ramzan here on Sunday in an information received here said that inter provincial wheat movement was appreciable. He warned that if buying of wheat did not commence by April1, 2009, hoarders and smuggling mafia

Published 23 Feb, 2009 12:00am

Four held for Wapda transformers, wires theft

CIA Police, Model Town have arrested four criminals of a gang involved in a number of cases of theft of transformers and electric wire of WAPDA, and seized two transformers, cable, one cycle and illegal weapons from them. The accused has confessed theft i

Published 23 Feb, 2009 12:00am

Taliban free kidnapped Swat DCO

Taliban in the troubled Swat valley Sunday freed a top government official after kidnapping him hostage for several hours, officials said. Khushal Khan, District Co-ordination Office, was heading to Swat when gunmen kidnapped him and his six guards from Q

Published 23 Feb, 2009 12:00am

Inter-Madaris Naat competition held

About 18 children of elementary and secondary schools of Tehsil Gujar Khan warmed the hearts of the audience in a spell binding Naat competition here on Sunday.

Published 23 Feb, 2009 12:00am

Launching of 'Be-yad-e-Faiz Ahmad Faiz' today

Pakistan Acad-emy of Letters (PAL) will launch the special issue of quarterly Adbiyat "Beyad-e-Faiz Ahmed Faiz" at a seminar to be held in the memory of Faiz Ahmed Faiz here on Monday (Today). Mian Raza Rabbani, Federal Minister for Inter Provincial Co-or

Published 23 Feb, 2009 12:00am

Local government system needs improvement

The present local government system was installed in 2001 for establishing genuine, sustainable democracy and durable governance but could not gain popularity with the masses due to certain shortcomings in the bottom lines of the system.

Published 23 Feb, 2009 12:00am

Quick recovery of kidnapped minority leader ordered

Minister for Local Government and Rural Development, Abdul Razaq A Tahim on Sunday took serious notice of the kidnapping of a minority leader from Jacobabad and ordered District Police Officer (DPO) to recover him within 24 hours. Minority leader, the for

Published 23 Feb, 2009 12:00am

Professor Fateh Muhammad assumes charge as Rector IIUI

Professor Fateh Muhammad Malik has assumed the charge of the Rector, International Islamic University, Islamabad (IIUI). The President of Pakistan as Chancellor of the International Islamic University, Islamabad appointed him as its Rector as per clause 1

Published 23 Feb, 2009 12:00am

Weaving craft exhibition ends at Lok Virsa

The nine-day exhibition featuring the traditional art of weaving at Lok Virsa concluded here on Sunday at the National Institute of Folk and Traditional Heritage (NIFTH), Lok Virsa. The event, which attracted a large number of visitors at Shakar Parian, d

Published 23 Feb, 2009 12:00am

Training workshop on environment

CSR Association of Pakistan will organise a 2-day training workshop on Environment, Health and Safety here from March 4. An announcement to this effect was made by Secretary of the Association on Sunday. He said that this was aimed at helping companies an

Published 23 Feb, 2009 12:00am

'Railways to recover losses through public-private ventures'

Pakistan Railways (PR) will initiate new projects under public-private partnership in all its sections including dry ports, which will help substantially recover its losses. Railways Secretary Sami-ul-Haq Khilji stated this here on Sunday during his visit

Published 23 Feb, 2009 12:00am

Fifth Vintage Show

The Fifth Vintage Show was held here on Sunday displaying over 80 classic vehicles from 1924 onwards. An announcement here on Sunday said that the Vintage and Classic Cars Club and Castrol Pakistan came forth on one ground with one vision to promote secur

Published 23 Feb, 2009 12:00am

Fesco's shutdown notice

Faisalabad Electric Supply Company (Fesco) has issued shutdown programme for necessary repair and maintenance of electricity lines.

Published 23 Feb, 2009 12:00am

About 104,630 tons of chillis produced in 2008-09

About 104.63 thousand tons of green chillis were produced during the year 2008-09 to fulfil the domestic consumption. An official of the Ministry of Food, Agriculture and livestock told APP here on Sunday that chillis were cultivated over 48.81 thousand h

Published 23 Feb, 2009 12:00am

Frontier regions' representation in cabinet necessary: Bittani

Tribesmen inhabiting large swaths of frontier region of NWFP province strongly believe in the smooth functioning of democratic institutions and their presence in the federal cabinet through their elected members to promote tribesmen's trust in the PPP-led

Published 23 Feb, 2009 12:00am

20th City Marathon and Health Walk held

The 20th Karachi City Marathon and Health walk was held here on Sunday under the auspices of Pakistan Medical Association (PMA). The Naib Nazim of the City District Government Karachi (CDGK) Nasreen Jalil, was the chief guest on the occasion.

Published 23 Feb, 2009 12:00am

IHC decides 10,110 cases in one year

The Islamabad High Court (IHC) has decided a total of 10,110 cases during a period of one year after formally starting its function on February 20, 2008. A total of 10,110 cases were disposed of during a period of one year while the backlog stood at 9,641

Published 23 Feb, 2009 12:00am

Ports Master Plan underway

Federal government is preparing for 'Ports Master Plan' under Second Trade and Transport Facilitation Project-2 (TTFP-2) along with the preparation of an implementation strategy for trucking policy, including piloting implementation of the policy, with th

Published 23 Feb, 2009 12:00am

Rs 300 million released for Daska-Wazirabad road project

Punjab Chief Minister, Mian Shahbaz Sharif has released a special grant of Rs 300 million for the early construction and widening of the 26km long Daska-Wazirabad road. PML-N MNA Sahibzada Syed Murtaza Ameen told newsmen at Daska Civil Rest House that the

Published 23 Feb, 2009 12:00am

$2.4 million grant expected for population welfare

The Unicef would soon provide a special grant of $2.4 million to Pakistan for launching training programme for promotion of quality primary health care, re-productive family planning services and mobile maternity health services in remote areas of Pakista

Published 23 Feb, 2009 12:00am

Another victim of Dera Ghazi Khan blast dies

Another victim of Dera Ghazi Khan, Gul Muhammad alias Lali (28) succumbed to his injuries in Nishtar Hospital Multan last night. He received serious injuries in a suicidal attack on a procession on February 5.

Published 23 Feb, 2009 12:00am

Jinnah Hospital introduces colour-coding system

Jinnah Hospital has introduced the Colour-Coding System to facilitate the patients in its Emergency section. Talking to media men on Sunday, the Allama Iqbal Medical College (AIMC), Principal, Dr Javed Akram said that JH is the first hospital in Pakistan

Published 23 Feb, 2009 12:00am

Commuters complain about shabby public transport system

The woes of commuters travelling in shabby public transport in the federal capital are going unheeded by the city managers and the people are left to face humiliation, inconvenience and stubbornness by the staff operating public transport.

Published 23 Feb, 2009 12:00am

Parliament plays vital role for promotion of democratic values

Speaker Punjab Assembly Rana Muhammad Iqbal Khan has said that parliament always plays vital role for the promotion of democratic values in the society besides strengthening of democratic system of government.

Published 23 Feb, 2009 12:00am

PML-N urged to review decision to participate in long-march

MNAs of the Pakistan People's Party (PPP) Jamshed Khan Dasti, Mohsin Ali Qureshi, Nawab Liaquat Ali Khan, Begum Nasim Chaudhry on Sunday urged the Pakistan Muslim League-Nawaz (PML-N) to review its decision to participate in lawyers' long march and sit-in

Published 23 Feb, 2009 12:00am

IIUI reference seminar on February 24

The International Islamic University, Islamabad (IIUI) in collaboration with Bazm-e-Soofia Pakistan is holding a national reference in memory of the late Pir Syed Naseer-ud-Din Naseer to highlight his all round personality and to eulogise his services on

Published 23 Feb, 2009 12:00am

Two beheaded for illicit relationship

Two persons were beheaded late Friday over having alleged illegitimate relations in Budhlasunt area located in the outskirts of Multan, police reported. According to sources, the dead were identified as Sumaira, 22, and father of two Muhammad Sajjad, 28.

Published 23 Feb, 2009 12:00am

Three dacoits killed in police encounter

Three dacoits were killed in an encounter with CIA Model Town Police near Griffon Ground, Mughalpura, here on Sunday. A few days back, the police had arrested two dacoits of a criminal gang - Waqas and Ramzan involved in a number of dacoity, robbery and o

Published 23 Feb, 2009 12:00am

Agriculture scientists asked to ensure best use of resources

Agricultural scientists should make best use of financial resources allocated by the government for the promotion and enhancing quality of agriculture research. Additional Secretary Planning Agriculture, Tahir Khurshid, stated this while addressing agricu

Published 23 Feb, 2009 12:00am

Zardari and Kayani visits to play vital role in future line of action: analysts

Visits of Pakistan's political and military leadership to China and the United States would play an important role in taking future line of action by the government regarding militancy and testing political means for restoring peace in Pakistan in general

Published 23 Feb, 2009 12:00am

Yasin Malik ties nuptial knot

A Kashmiri leader has returned to marry a Pakistani artist. Yasin Malik, 42, chairman of the Jammu and Kashmir Liberation Front, married 28-year-old painter Mushaal Mullick, who is studying at the London School of Economics on Sunday.

Published 23 Feb, 2009 12:00am

Pakistan to allay US fears on pact with militants

Foreign minister has said he will try to allay US fears about a pact with a group of militants in the troubled north-west, during a trip to Washington this week. Under the pact, the provincial government has agreed to restore sharia law in the Swat valley

Published 23 Feb, 2009 12:00am

Unregistered Sims to be blocked after March 31, says Rehman

Advisor to the Prime Minister on Interior has said that all unregistered Sims of various cellular companies being used would be blocked after March 31, 2009. An Interior Ministry press release issued here Sunday said that Nadra would verify the data of bu

Published 23 Feb, 2009 12:00am

PPP leaders advised not to issue statements against PML-N

Prime Minister Syed Yousaf Raza Gilani on Sunday advised PPP Punjab leaders not to issue statements against PML-N leadership without permission from senior leadership of the Party. Several PPP Punjab senior leaders including Governor Punjab Salman Tasser

Published 23 Feb, 2009 12:00am

LSE index moves up by 6.45 percent

Bulls tightened their grip on Lahore Stock Exchange during the week ended on February 21, 2009 and pushed the equities up by 6.45 percent account of investors' and institutional interest who kept on buying select scrips, particularly the blue chips follow

Published 23 Feb, 2009 12:00am

LSE index moves up by 6.45 percent

Published 23 Feb, 2009 12:00am

Lawyers' movement: PBC chastises Bar bodies for collecting funds

Executive committee of Pakistan Bar Council (PBC), in a meeting on Sunday with Muhammad Yaseen Azad in the chair, expressed its concern that it has come to its knowledge that certain elements in different Bar associations are collecting funds from traders

Published 23 Feb, 2009 12:00am

Final list of candidates for Senate elections issued

The Election Commission of Pakistan (ECP) on Sunday issued final list of candidates for the senate elections, with total 42 candidates left in the field that included 23 on general seats, 7 on technocrat seats and 12 on women seats.

Published 23 Feb, 2009 12:00am

PTI for concerted efforts to win peace in Dera Ismail Khan

Pakistan Tehrik-e-Insaf (PTI) underlined the need for making concerted efforts by all schools of thought, political forces and government for forging inter-faith harmony in the restive district of Dera Ismail Khan.

Published 23 Feb, 2009 12:00am

Kashmiris stage massive protest

Massive protest was staged in Sopore town of occupied Kashmir on Sunday against the killing of three innocent youths by the Indian army on Saturday night. The town was closed and thousands of Kashmiris took to the streets chanting slogans against security

Published 23 Feb, 2009 12:00am

Swat deal an effort to restore peace: Haqqani

Pakistan's Ambassador to the United States Husain Haqqani has said that the Swat deal is an effort to restore peace and to end violence in the areas with the help of local leaders. "The government has done it, created an opportunity for local clerics to d

Published 23 Feb, 2009 12:00am

No threat to Punjab government, says Hashmi

Senior vice president Pakistan Muslim League-Nawaz (PML-N), Makhdoom Javed Hashmi has said that there is no threat to Punjab Government and if it is tried to fall the provincial government then federal government would not be able to sustain. He said that

Published 23 Feb, 2009 12:00am

'Only knowledge-based economies will have a place in global market'

The Vice President Saarc Chamber of Commerce and Industry Iftikhar Ali Malik has urged the students to concentrate on their studies as the 21st century is of knowledge based products and only knowledge based economies would have a place in the global mark

Published 23 Feb, 2009 12:00am

Blast in China coal mine kills 74, scores rescued

A blast in a coal mine killed 74 miners in China's Shanxi province on Sunday and scores more were rescued after being trapped underground for hours, Xinhua news agency reported. The agency said 436 miners were working underground when the accident occurre

Published 23 Feb, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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