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Print - 2009-03-02
Lucky Cement Limited

Lucky Cement Limited

INTRODUCTION: Lucky Cement Limited sponsored by (YB) Yunus Brothers Group is the late comer into the cement industry of Pakistan. The Company started its operation in 1996 with production capacity of 1.2 mtpa at its mother plant in Pezu NWFP which was sub
Published 02 Mar, 2009 12:00am
Message from CEO Lucky Cement Limited

Message from CEO Lucky Cement Limited

It gives me great pleasure to announce that Lucky Cement Limited, the largest producer and exporter of cement has achieved another milestone by setting up an export oriented Loose Cement Storage and Loading Terminal at berth 25, West Wharf Karachi with th
Published 02 Mar, 2009 12:00am
Message from Chairperson Karachi Port Trust

Message from Chairperson Karachi Port Trust

On the occasion of inauguration of Cement Silos of Lucky Cement , I feel grateful to Almighty for yet another milestone in our progress . I am glad that this modern terminal has been established in our port and it will hopefully usher in greater progress
Published 02 Mar, 2009 12:00am
Message from Federal Minister Ports & Shipping

Message from Federal Minister Ports & Shipping

Installation of another state -of-the-art terminal at Karachi Port is a moment of great satisfaction for me. Lucky Cement, the fore - runners of cement exporters of Pakistan deserve to be applauded on this momentous occasion.
Published 02 Mar, 2009 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

It gives me pleasure to see public private partnership flourish in the country where KPT adds yet another landmark, the Silos of Lucky Cement in its premises. It is a commendable achievement by Lucky Cement, the leaders of cement exports of the country.
Published 02 Mar, 2009 12:00am
Message from President of Pakistan

Message from President of Pakistan

I am pleased to note that KPT, the premier Port of the country and Lucky Cement Limited, the stalwarts of cement manufacturers commence the operations of first ever Cement Silos in the country. Lucky Cement, the pioneers of bulk cement exports from Pakist
Published 02 Mar, 2009 12:00am
Fears gale-force winds will whip up Australian wildfires

Fears gale-force winds will whip up Australian wildfires

Australian fire-fighters warned Sunday that gale-force winds forecast for this week threaten to fan wildfires that have killed 210 people in the country's scorched south-east. Gusts of up to 150 kilometres (93 miles) an hour forecast for Tuesday may send
Published 02 Mar, 2009 12:00am
Armenians in mass rally to mark deadly clashes

Armenians in mass rally to mark deadly clashes

Thousands of Armenian opposition supporters defied authorities Sunday to rally on the first anniversary of the country's deadliest political clashes since the 1991 break-up of the Soviet Union.
Published 02 Mar, 2009 12:00am
US overtures could force Syria into tough choices

US overtures could force Syria into tough choices

US President Barack Obama has signalled he wants a dialogue with Syria that could further rehabilitate Damascus internationally but also force it to choose whether to loosen ties with Iran and anti-Israeli groups.
Published 02 Mar, 2009 12:00am
Kremlin faces vote test; opposition cries foul

Kremlin faces vote test; opposition cries foul

Millions of Russians voted in local elections on Sunday in the first test of the Kremlin's popularity since the start of an economic crisis. The Kremlin is concerned rising unemployment and economic hardship will fuel protests and undermine its authority,
Published 02 Mar, 2009 12:00am
Billionaire lawmaker eyes Philippine presidency

Billionaire lawmaker eyes Philippine presidency

A self-made billionaire who once lived in Manila's slums wants to become the next president of the Philippines, saying his entrepreneurial acumen and experience as a politician would be vital assets in leading the nation. Manuel Villar, 59, has headed bot
Published 02 Mar, 2009 12:00am
Madagascar opposition sees anger ousting president

Madagascar opposition sees anger ousting president

Madagascar's opposition leader says he will not take part in any more talks to resolve the Indian Ocean island's political crisis and that public anger will oust the president within months.
Published 02 Mar, 2009 12:00am
Austrian government faces vote test of economic measures

Austrian government faces vote test of economic measures

Austrians will have an opportunity to express their views on tax cuts and economic stimulus measures enacted by a reconstituted coalition government when they vote in two regional elections on Sunday. The ballots will also be a test for the far right, whi
Published 02 Mar, 2009 12:00am
Iraq death toll rises to 258 in February

Iraq death toll rises to 258 in February

A total of 258 Iraqis were killed in violence in February, a sharp rise from the previous month that saw the lowest casualty figures since the 2003 US-led invasion, authorities said on Sunday. Statistics compiled by the defence, interior and health minist
Published 02 Mar, 2009 12:00am
Whole grains keep arteries healthy

Whole grains keep arteries healthy

Eating plenty of whole grains can help keep your arteries healthy, potentially warding off heart disease and stroke. There are different constituents of whole grains. Besides the fibre and the B vitamins, they have a lot more which makes their nutritional
Published 02 Mar, 2009 12:00am
Just being overweight can shorten lifespan

Just being overweight can shorten lifespan

Simply being overweight, but not obese, from an early age boosts the risk of premature death by a third - as much as smoking up to 10 cigarettes a day, researchers in Sweden reported on Wednesday. People who are clinically obese by the age of 18 more than
Published 02 Mar, 2009 12:00am
Study of spit offers insight into human health

Study of spit offers insight into human health

Bacteria found in people's spit does not vary much around the world, a surprising finding that could provide insights into how diet and cultural factors affect human health, researchers said on February 27. Because the human body harbours 10 times more ba
Published 02 Mar, 2009 12:00am
Big business urged to axe risk by cutting water use

Big business urged to axe risk by cutting water use

Institutional investors are urging companies to measure, disclose and reduce their use of water to reduce long-term financial risks as supplies dry up from overuse and as higher temperatures melt glaciers away.
Published 02 Mar, 2009 12:00am
Climate change risk underestimated

Climate change risk underestimated

The risk posed to mankind and the environment by even small changes in average global temperatures is much higher than believed even a few years ago, a study said on February 23. Published by the Proceedings of the National Academy of Sciences, the study
Published 02 Mar, 2009 12:00am
Cosmetic surgery? buyer beware, expert says

Cosmetic surgery? buyer beware, expert says

The cosmetic procedure business is booming but an expert in the field warns that people thinking of getting a tummy tuck, face lift, or wrinkles filled should do their homework first.
Published 02 Mar, 2009 12:00am
Diabetes, obesity due to TV viewing

Diabetes, obesity due to TV viewing

A recent research found that sedentary behaviour, especially watching television, was associated with significantly elevated risk of obesity and type II diabetes.
Published 02 Mar, 2009 12:00am
Vitamin D tied to muscle power in girls

Vitamin D tied to muscle power in girls

Low vitamin D stores may drain teenage girls of some of their muscle power. Vitamin D is best known for its role in aiding calcium absorption and maintaining healthy bones, but it is also important in normal muscle function, Health News reported.
Published 02 Mar, 2009 12:00am
Birth control knowledge lacking in developing world

Birth control knowledge lacking in developing world

In developing countries, young women's use of modern methods of contraception is limited by a range of factors, a review of seven studies conducted in five countries suggests.
Published 02 Mar, 2009 12:00am
Microsoft offers technology training to US job seekers

Microsoft offers technology training to US job seekers

Microsoft is tossing lifelines to people in the United States lacking technology skills needed to win jobs in the Internet Age. Microsoft teamed with political leaders in a set of US states to launch an Elevate America initiative expected to provide onlin
Published 02 Mar, 2009 12:00am
Mobile web traffic surge continues in January: Opera

Mobile web traffic surge continues in January: Opera

Global mobile data traffic through Internet browser firm Opera's mobile portal rose in January by 18 percent in the previous month, the fastest pace of growth since May 2008, Opera said on Wednesday. Wireless operators are keen on raising revenue from Int
Published 02 Mar, 2009 12:00am
Microsoft expands Windows software for netbooks

Microsoft expands Windows software for netbooks

Microsoft Corp will offer a low-end version of its yet-to-be-released Windows 7 operating system for netbooks, though more robust versions of the software will also work on those inexpensive PCs.
Published 02 Mar, 2009 12:00am
Facebook turns to democracy to appease users

Facebook turns to democracy to appease users

Facebook is giving power to the people when it comes to deciding what to do with policies and products at the leading social-networking website. Facebook on Thursday said it hopes that by giving its more than 175 million users a voice in how the service i
Published 02 Mar, 2009 12:00am
Yahoo offers new tools for targeting online advertisements

Yahoo offers new tools for targeting online advertisements

Yahoo on Tuesday set out to increase its appeal to advertisers by rolling out tools that better match online ads with what people are searching for on the Internet. The improved ad-targeting software comes as newly-installed Yahoo! chief executive Carol B
Published 02 Mar, 2009 12:00am
iPhone users tire quickly of new apps: study

iPhone users tire quickly of new apps: study

More than 500 million applications for the Apple iPhone have been downloaded from the California company's online App Store, but a new study indicates that users quickly lose interest in them. The study by Pinch Media found that fewer than five percent of
Published 02 Mar, 2009 12:00am
Indian mobile number portability from September

Indian mobile number portability from September

India mobile users in larger cities and the biggest states will be able to retain their mobile number even if they switch operator from September, the telecoms minister said on Thursday. Andimuthu Raja told parliament the government would announce on Marc
Published 02 Mar, 2009 12:00am
India OKs entry of mobile virtual network operators

India OKs entry of mobile virtual network operators

India will allow local and overseas firms to offer wireless telecoms services without owning networks or spectrum, the government said on Wednesday, accepting a recommendation from the telecoms regulator.
Published 02 Mar, 2009 12:00am
Solar sacks store energy for laptops, cell phones

Solar sacks store energy for laptops, cell phones

Modern office workers can roam almost anywhere with their cell phones and computers as long as an empty battery does not force them to find a place to plug in and charge. However, Dusseldorf-based inventors have developed a product that allows even this t
Published 02 Mar, 2009 12:00am
Vodafone to offer Microsoft online services

Vodafone to offer Microsoft online services

Vodafone, the world's largest mobile phone network operator by revenue, is to offer Microsoft online services to small and medium-sized businesses through the computer, phone and browser, it said on Thursday. The group said it would sell and manage Micros
Published 02 Mar, 2009 12:00am
IN SHORT: CeBIT expo of cutting-edge computers and software

IN SHORT: CeBIT expo of cutting-edge computers and software

The annual CeBIT expo in Hanover, Germany, showing off the newest developments in computers, software and IT, will be open between March 3-8. In recent years, an overhaul of the fair to improve its appeal to industry has given it a bigger focus on softwar
Published 02 Mar, 2009 12:00am
Libya's jobless rate at 20.7 percent

Libya's jobless rate at 20.7 percent

OPEC member Libya's unemployment rate is 20.74 percent, a leading local daily reported on Sunday, quoting the government's latest census figures. That would give Libya the highest jobless rate in the five-country Maghreb region of 80 million people, where
Published 02 Mar, 2009 12:00am
European Central Bank to pioneer record low rates: analysts

European Central Bank to pioneer record low rates: analysts

The European Central Bank is set to cut its interest rates to all-time lows Thursday after eurozone economic activity hit its own record low in February and the bloc shed a quarter of a million jobs. The ECB also faces tough choices on how to help protect
Published 02 Mar, 2009 12:00am
Abu Dhabi reviewing Citigroup investment

Abu Dhabi reviewing Citigroup investment

Abu Dhabi is assessing its $7.5 billion investment in Citigroup as the bank's problems deepen and consequences of a possible nationalisation become clearer, according to sources close to the Abu Dhabi Investment Authority (ADIA). ADIA invested $7.5 billon
Published 02 Mar, 2009 12:00am
South Korea swings to $3.29 billion surplus

South Korea swings to $3.29 billion surplus

South Korea's trade balance swung to a surplus of 3.29 billion dollars in February from a deficit of 3.35 billion dollars a month earlier, customs data showed Sunday. The turnaround for Asia's fourth largest economy resulted from a slower decrease in expo
Published 02 Mar, 2009 12:00am
UAE spending will succeed in staving off slowdown

UAE spending will succeed in staving off slowdown

The United Arab Emirates economy is well placed to weather the financial crisis thanks to government action and will recover sooner than many other countries, analysts and officials said on Sunday.
Published 02 Mar, 2009 12:00am
AIG near deal on new terms of US bailout

AIG near deal on new terms of US bailout

American International Group Inc is close to a deal with the US government that would ease the terms of its bailout, provide a further equity commitment and help it pay down debt, a person familiar with the matter said on Saturday.
Published 02 Mar, 2009 12:00am
AIG near deal on new terms of US bailout

AIG near deal on new terms of US bailout

American International Group Inc is close to a deal with the US government that would ease the terms of its bailout, provide a further equity commitment and help it pay down debt, a person familiar with the matter said on Saturday.
Published 02 Mar, 2009 12:00am
UBS needs 2-3 years for sustainable profit: paper

UBS needs 2-3 years for sustainable profit: paper

It could take two to three years to bring UBS, the world's largest wealth manager in terms of assets, back to making a sustainable profit, its new chief executive was quoted as saying. Sunday's edition of Swiss newspaper NZZ am Sonntag quoted Oswald Grueb
Published 02 Mar, 2009 12:00am
UBS needs 2-3 years for sustainable profit: paper

UBS needs 2-3 years for sustainable profit: paper

It could take two to three years to bring UBS, the world's largest wealth manager in terms of assets, back to making a sustainable profit, its new chief executive was quoted as saying. Sunday's edition of Swiss newspaper NZZ am Sonntag quoted Oswald Grueb
Published 02 Mar, 2009 12:00am
Iraq, hungry for money, seeks to boost oil sales

Iraq, hungry for money, seeks to boost oil sales

Hungry for money to rebuild after years of war, Iraq will try to revive a national oil company and lure foreign investors to speed up an increase in oil output and avert a "catastrophe", officials said on Sunday.
Published 02 Mar, 2009 12:00am
HSBC results seen as test of global downturn

HSBC results seen as test of global downturn

HSBC has weathered the financial crisis better than many of its rivals, but the banking giant is still expected to announce it needs more capital when it unveils its annual results Monday. HSBC was one of the first banks to warn about the subprime crisis
Published 02 Mar, 2009 12:00am
UK government keeps up pension pressure on former RBS boss

UK government keeps up pension pressure on former RBS boss

The deputy leader of Britain's labour party, Harriet Harman, sent on Sunday the strongest signal yet that the government was prepared to legislate to prevent top bankers receiving bumper payouts for failure.
Published 02 Mar, 2009 12:00am
Honda Japan output likely to hit 14-year low

Honda Japan output likely to hit 14-year low

Honda Motor Co is likely to cut output at home by over 150,000 units in the year from April, bringing its Japanese production below 1 million vehicles for the first time in 14 years, the Nikkei business daily reported.
Published 02 Mar, 2009 12:00am
China's economy 'shows signs of recovery', says Wen

China's economy 'shows signs of recovery', says Wen

A four trillion yuan (585 billion dollar) stimulus package is starting to boost China's economy, but the government is prepared to take stronger measures if needed, Prime Minister Wen Jiabao said.
Published 02 Mar, 2009 12:00am
Marquez stops Diaz in ninth for lightweight titles

Marquez stops Diaz in ninth for lightweight titles

Juan Manuel Marquez of Mexico stopped Juan Diaz in the ninth round of a furious slugfest on Saturday to claim the American's IBO lightweight title along with the vacant WBA and WBO crowns.
Published 02 Mar, 2009 12:00am
Milan's form crisis deepens with Sampdoria loss

Milan's form crisis deepens with Sampdoria loss

AC Milan's form crisis deepened on Sunday when goals by Antonio Cassano and Giampaolo Pazzini condemned them to a 2-1 defeat at Sampdoria in Serie A, leaving coach Carlo Ancelotti's position looking precarious. Cassano headed the hosts in front in the 33r
Published 02 Mar, 2009 12:00am
Australia call up Geeves as cover for Bollinger

Australia call up Geeves as cover for Bollinger

Australia have called up fast bowler Brett Geeves to cover for the injured Doug Bollinger on their tour of South Africa, Cricket Australia (CA) said on Sunday. Bollinger, not selected for the first test in Johannesburg, strained a stomach muscle during a
Published 02 Mar, 2009 12:00am
Aussies on target for victory, despite South Africa fightback

Aussies on target for victory, despite South Africa fightback

Australia were on target for victory but South Africa gave themselves an outside chance of salvaging the first Test on the fourth day at the Wanderers Stadium Sunday. South Africa, set an improbable 454 to win, were 178 for two at the close.
Published 02 Mar, 2009 12:00am
Stoke fightback stuns Villa as City slackers slump

Stoke fightback stuns Villa as City slackers slump

Aston Villa handed Arsenal a lifeline in their bid to bag a Champions League place as free-spending Manchester City's away day blues worsened in the English Premier League on Sunday. Villa blew their chance to open up an eight-point gap over the Gunners a
Published 02 Mar, 2009 12:00am
World number one Ochoa wins LPGA Thailand

World number one Ochoa wins LPGA Thailand

Mexican golfing star Lorena Ochoa clinched the 1.45-million-dollar Honda LPGA Thailand tournament Sunday with an impressive six-under-par 66 round that included seven birdies. The world number one started the tournament slowly Thursday, but powered up the
Published 02 Mar, 2009 12:00am
Whitmarsh takes over as McLaren Formula One team principal

Whitmarsh takes over as McLaren Formula One team principal

Martin Whitmarsh took over from Ron Dennis as McLaren team principal on Sunday with the immediate task of helping Lewis Hamilton become the first British driver to retain the Formula One title. "I've been trying for 20 years to win races and championships
Published 02 Mar, 2009 12:00am
Former Wimbledon champ Becker to marry again

Former Wimbledon champ Becker to marry again

Three-times Wimbledon champion Boris Becker will marry Dutch girlfriend Lilly Kerssenberg on June 12, the ex-tennis star announced here on national television at the weekend. It will be the second marriage for the 41-year-old Becker and will take place in
Published 02 Mar, 2009 12:00am
Second slalom win for France's Lizeroux

Second slalom win for France's Lizeroux

France's Julien Lizeroux produced a blistering second run to win a slalom in Kranjska Gora on Sunday and secure his second World Cup victory. Lizeroux, who won silver medals in the slalom and super-combined at the world championships in Val d'Isere last m
Published 02 Mar, 2009 12:00am
Force India out for "regular points finishes"

Force India out for "regular points finishes"

Formula One rookies Force India are targeting "regular points finishes" in their second Formula One season, team co-owner Vijay Mallya said in a statement on Sunday. "We still have much to learn as a team, but I hope that the experience we gained in 2008
Published 02 Mar, 2009 12:00am
Mexican champions Toluca maintain unbeaten record

Mexican champions Toluca maintain unbeaten record

Champions Toluca maintained their unbeaten record in the Mexican Clausura championship by twice coming from behind to hold a 3-3 draw on Saturday. Criker Humberto Suazo and Aldo de Nigris in a four-minute spell in the first half to put Monterrey 2-0 ahead
Published 02 Mar, 2009 12:00am
Sangakkara and Samaraweera hundreds defy Pakistan

Sangakkara and Samaraweera hundreds defy Pakistan

Kumar Sangakkara and Thilan Samaraweera notched brilliant hundreds to help Sri Lanka recover from early wobbles on the opening day of the second Test against Pakistan here on Sunday. Samaraweera followed his 231 in the drawn first Test in Karachi with a s
Published 02 Mar, 2009 12:00am
McDonald's eyes Russia growth with 40 new stores

McDonald's eyes Russia growth with 40 new stores

McDonald's Corp said 26 February it will open at least 40 new stores in Russia this year at a cost of about $120 million, betting the country will remain one of its most dynamic markets despite the economic downturn.
Published 02 Mar, 2009 12:00am
GCC states expatriate workforce 'needs more regulation'

GCC states expatriate workforce 'needs more regulation'

The number of expatriates working in the six Gulf Co-operation Council states exceeds 14.5 million. "Their total annual remittances sent from the GCC states amounted to more than $30 billion (Dh110 billion)," says a financial report prepared by Saudi Arab
Published 02 Mar, 2009 12:00am
Growth-oriented investors should look beyond mobile

Growth-oriented investors should look beyond mobile

Telecoms investors hoping their defensive plays will soon turn into growth propositions should look elsewhere, on the evidence of last week's Mobile World Congress in Barcelona.
Published 02 Mar, 2009 12:00am
Wall Street dumps film deals on Hollywood investors

Wall Street dumps film deals on Hollywood investors

The financial crisis is forcing Wall Street banks and hedge funds to pull out of billions of dollars worth of film deals, opening the door for speciality investors to scoop up Hollywood assets at discount prices.
Published 02 Mar, 2009 12:00am
Mamma Mia! Italy fines pasta cartel

Mamma Mia! Italy fines pasta cartel

Italy's most popular pasta makers were slapped with a 12.5-million-euro (15.9-million-dollar) fine on February 26 after cooking up higher prices for Italians' favourite food, antitrust authorities said. Twenty-six companies including industry leader Baril
Published 02 Mar, 2009 12:00am
Middle East M&A to form Islamic mega-banks

Middle East M&A to form Islamic mega-banks

The Islamic banking sector in the Middle East will see a round of mergers and acquisitions in 2009 that will pave the way for banks with billions of dollars in assets, a leading industry body said on Tuesday.
Published 02 Mar, 2009 12:00am
Microsoft expects difficult conditions to continue

Microsoft expects difficult conditions to continue

US software giant Microsoft said Tuesday that it expects economic conditions to remain difficult through at least the second half of the year. Chief executive Steve Ballmer, speaking to analysts here, said the current situation could be described as "an e
Published 02 Mar, 2009 12:00am
Jakarta shares expected to move up

Jakarta shares expected to move up

Indonesian shares are likely to rise due to the increase in oil price and improving market sentiment, dealers said on Friday. "I expect the market to go up next week," Ciptadana Securities analyst John Teja told AFP. "This is due to the increasing oil pri
Published 02 Mar, 2009 12:00am
Seoul stocks may plunge on jitters

Seoul stocks may plunge on jitters

South Korean stocks are expected to fall because of global financial jitters and the reeling local currency, analysts said on Friday. "Downside risks are great in the absence of upward momentum. Investors are advised to remain bearish," Lee Yun-Hak of Woo
Published 02 Mar, 2009 12:00am
JGB futures dip, month-end bid supports cash bonds

JGB futures dip, month-end bid supports cash bonds

Japanese government bond futures dipped on Friday, tracking the previous day's falls in US Treasuries, but long-end cash bonds drew support from month-end investor demand. A batch of economic data had a limited impact. Core consumer prices in the Tokyo ar
Published 02 Mar, 2009 12:00am
JGB futures dip, month-end bid supports cash bonds

JGB futures dip, month-end bid supports cash bonds

Japanese government bond futures dipped on Friday, tracking the previous day's falls in US Treasuries, but long-end cash bonds drew support from month-end investor demand. A batch of economic data had a limited impact. Core consumer prices in the Tokyo ar
Published 02 Mar, 2009 12:00am
Nervous trading expected in Tokyo bourse

Nervous trading expected in Tokyo bourse

Japanese shares are expected to be range-bound in sensitive trading next week as market participants remain jittery over the economy and the fate of troubled US auto giants, analysts said on Friday. "Trading is expected to be in a tight range next week as
Published 02 Mar, 2009 12:00am
Wall Street braces for more bad news

Wall Street braces for more bad news

Deep in the red for the first two months of 2009, Wall Street enters March with frayed nerves in anticipation of more weak data as investors look for any signs of an end to the horrific economic slump.
Published 02 Mar, 2009 12:00am
Taiwan shares likely to keep momentum

Taiwan shares likely to keep momentum

Taiwan share prices are expected to extend momentum, as the market is full of liquidity with bargain hunters eager to take advantage of low valuations, dealers said Friday. The market is expected to test 4,700 points next week, while the market is likely
Published 02 Mar, 2009 12:00am
Hong Kong shares expected to fluctuate wildly

Hong Kong shares expected to fluctuate wildly

Hong Kong share prices will fluctuate wildly next week as investors continue to grapple with the uncertainties of the global economy, a dealer said. For the week ending February 27, the benchmark Hang Seng Index dropped 0.9 percent, or 112.4 points, to 12
Published 02 Mar, 2009 12:00am
Australian shares vulnerable

Australian shares vulnerable

The Australian stock market is in a vulnerable position and faces downside risks in the coming week, dealers said Friday. For the week ending February 27, the benchmark S&P/ASX200 lost 57.9 points, or 1.7 percent, to close at 3,344.5.
Published 02 Mar, 2009 12:00am
London investors brace for rate decision

London investors brace for rate decision

London's stock market starts braced for another possible interest rate cut by the Bank of England as well as some major company results in the closely-watched financial sector. Banking giant HSBC releases annual results on Monday and Standard Chartered on
Published 02 Mar, 2009 12:00am
Thailand index may trade in narrow range

Thailand index may trade in narrow range

The Thailand stock market is expected to move in a narrow range next week amid continued light trading with no positive domestic or overseas factors likely to spur the bourse, an analyst said on Friday.
Published 02 Mar, 2009 12:00am
Singapore shares may remain weak

Singapore shares may remain weak

Singapore shares are likely to remain weak as the economic outlook continues to be negative, analysts said on Friday. "There's a bleak outlook for the next few months... the question is whether we are at the worst point now or if the worst is still to com
Published 02 Mar, 2009 12:00am
Asian currencies mostly weaker against dollar

Asian currencies mostly weaker against dollar

Asian currencies ended the week mainly lower against the dollar, with the yen in particular expected to weaken further amid a gloomy outlook for the economy.
Published 02 Mar, 2009 12:00am
Sri Lanka rejects truce calls as rebels resist

Sri Lanka rejects truce calls as rebels resist

Sri Lanka Sunday rejected fresh calls for a cease-fire with Tamil Tigers rebels as security forces hit stiff resistance in their efforts to secure final victory in the island's ethnic conflict. Foreign Secretary Palitha Kohona said any cease-fire would be
Published 02 Mar, 2009 12:00am
France to send massive nuclear fuel shipment to Japan

France to send massive nuclear fuel shipment to Japan

France is set to send recycled nuclear fuel to Japan in what environmentalists say is the biggest ever plutonium shipment and one that increases the chance of nuclear proliferation.
Published 02 Mar, 2009 12:00am
Clinton dives into Arab-Israeli peacemaking

Clinton dives into Arab-Israeli peacemaking

US Secretary of State Hillary Clinton was on her way to the Middle East and Europe on Sunday, delving into Israeli-Palestinian peacemaking for the first time at an international donors conference for Gaza. The United States is expected to pledge more than
Published 02 Mar, 2009 12:00am
Five Palestinians dead in Gaza tunnel collapse: medics

Five Palestinians dead in Gaza tunnel collapse: medics

Five Palestinians were killed on Sunday when a smuggling tunnel between Egypt and the Hamas-run Gaza Strip collapsed on top of them, medics said. No details on the victims were immediately available, they said.
Published 02 Mar, 2009 12:00am
Obama taps Kansas governor for health secretary

Obama taps Kansas governor for health secretary

US President Barack Obama has tapped Kansas Governor Kathleen Sebelius to be his health secretary to carry out his ambitious healthcare reform program, the White House said.
Published 02 Mar, 2009 12:00am
Middle East peace envoy Blair makes Gaza visit

Middle East peace envoy Blair makes Gaza visit

Tony Blair paid his first visit to the Hamas-ruled Gaza Strip on Sunday as envoy of international peace brokers and said reconstruction aid after Israel's offensive would not have a lasting effect without peace. Blair, a former British prime minister, als
Published 02 Mar, 2009 12:00am
People injured in stampede at South Africa's ANC rally

People injured in stampede at South Africa's ANC rally

About a dozen people were hurt on Sunday in a crush to get into a sports stadium to listen to Jacob Zuma, leader of South Africa's ruling African National Congress, at an election rally. Supporters broke through barricades to get to the pitch after the 20
Published 02 Mar, 2009 12:00am
Hariri tribunal gets underway in The Hague

Hariri tribunal gets underway in The Hague

A landmark international tribunal to try the suspected killers of Lebanon's former prime minister Rafiq Hariri got under way here Sunday with pledges to provide justice to the victims of terrorism. The chief prosecutor of the Special Tribunal for Lebanon,
Published 02 Mar, 2009 12:00am
China's lunar probe ends mission

China's lunar probe ends mission

China's lunar probe has ended its 16-month life with a planned crash into the moon, the official Xinhua news agency said on Sunday. Named for a moon goddess, the Chang'e-1 rammed into the lunar surface in the mid-afternoon Beijing time, after orbiting the
Published 02 Mar, 2009 12:00am
Afghanistan offers cash for 'terrorist' tip-offs

Afghanistan offers cash for 'terrorist' tip-offs

The Afghan government Sunday launched a scheme to offer rewards of up to 10,000 dollars for tip-offs that thwart insurgent attacks in Kabul, as the city braces for new militant strikes. The scheme is aimed at pulling the public into securing the city afte
Published 02 Mar, 2009 12:00am
Iran has enough nuclear fuel to make bomb: US

Iran has enough nuclear fuel to make bomb: US

The United States believes Iran has stockpiled enough nuclear fuel to make a bomb, US Joint Chiefs of Staff Adm. Mike Mullen said on Sunday. "We think they do, quite frankly," Mullen said on CNN's "State of the Union" program when asked whether Iran has e
Published 02 Mar, 2009 12:00am
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