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Sep 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-05-04
Australian shares likely to be range-bound

Australian shares likely to be range-bound

Australian share prices were likely to be range-bound in the coming week, as the market moves between optimism at signs of recovery and fears over bankruptcy and swine flu, dealers said. For the week ending May 1 the benchmark S&P/ASX 200 gained 57.3 poin
Published 04 May, 2009 12:00am
JGB futures hit one-month high

JGB futures hit one-month high

Japanese government bond futures touched their highest in a month on Friday as data showing the country slipping back into deflation prompted some investors to hunt for bargains. The benchmark 10-year JGB yield fell below 1.4 percent for the first time si
Published 04 May, 2009 12:00am
JGB futures hit one-month high

JGB futures hit one-month high

Japanese government bond futures touched their highest in a month on Friday as data showing the country slipping back into deflation prompted some investors to hunt for bargains. The benchmark 10-year JGB yield fell below 1.4 percent for the first time si
Published 04 May, 2009 12:00am
Senegal abandons Sonatel share sale to France Telecom

Senegal abandons Sonatel share sale to France Telecom

Senegal has abandoned a planned share sale that would have handed majority ownership of state telecoms company Sonatel to France Telecom, government and union officials said on Friday.
Published 04 May, 2009 12:00am
Senegal abandons Sonatel share sale to France Telecom

Senegal abandons Sonatel share sale to France Telecom

Senegal has abandoned a planned share sale that would have handed majority ownership of state telecoms company Sonatel to France Telecom, government and union officials said on Friday.
Published 04 May, 2009 12:00am
Cash flow drought to hamper 18 billion euro sales

Cash flow drought to hamper 18 billion euro sales

Three straight weeks of cash flows that were ample to take in euro zone government bond supply, sees that situation reversed with 18 billion euros-worth of bonds to be issued and no cash flows at all. The sales will be testing for Austria, Germany, France
Published 04 May, 2009 12:00am
Cash flow drought to hamper 18 billion euro sales

Cash flow drought to hamper 18 billion euro sales

Three straight weeks of cash flows that were ample to take in euro zone government bond supply, sees that situation reversed with 18 billion euros-worth of bonds to be issued and no cash flows at all. The sales will be testing for Austria, Germany, France
Published 04 May, 2009 12:00am
Tokyo stock market may face uncertain outlook

Tokyo stock market may face uncertain outlook

The Tokyo stock market faces an uncertain outlook, with eyes on Washington's assessment of US banks and news on the fate of General Motors, analysts said on Friday. Financial markets in Tokyo will be closed through Wednesday due to the "Golden Week" holid
Published 04 May, 2009 12:00am
Euro zone government bonds largely steady

Euro zone government bonds largely steady

Euro zone government bonds held largely steady on Friday, treading water following a sell-off in the previous session after the Federal Reserve sounded a hopeful note on the US economy, spurring bids for more risky assets. Activity was subdued with no tra
Published 04 May, 2009 12:00am
Euro zone government bonds largely steady

Euro zone government bonds largely steady

Euro zone government bonds held largely steady on Friday, treading water following a sell-off in the previous session after the Federal Reserve sounded a hopeful note on the US economy, spurring bids for more risky assets. Activity was subdued with no tra
Published 04 May, 2009 12:00am
Hong Kong shares may fall on swine flu fears

Hong Kong shares may fall on swine flu fears

Hong Kong share prices will likely fall on profit-taking as investors fear the outbreak of the swine flu will dampen the domestic economy. For the week ending April 30, the Hang Seng Index rose 1.7 percent to close at 15,520.99.
Published 04 May, 2009 12:00am
MSCI world equity index hits 3-1/2-month high

MSCI world equity index hits 3-1/2-month high

World stocks rallied and government bonds dropped after the Federal Reserve said the US recession appears to be easing and company earnings reports beat forecasts. US stocks cemented early gains after the central bank said the pace of contraction in the e
Published 04 May, 2009 12:00am
Bank 'stress tests' to clarify US credit crisis

Bank 'stress tests' to clarify US credit crisis

The true dimensions of the US credit crisis will become much clearer with the release of results from unprecedented government "stress tests" of the nation's 19 largest banks and their capital needs. The results are expected to show that the 19 banks must
Published 04 May, 2009 12:00am
Dubai World to delay projects until market better

Dubai World to delay projects until market better

Dubai World said on Sunday it would complete all projects currently under construction but would delay any new developments, including a plan to build the world's tallest tower, until market conditions improve.
Published 04 May, 2009 12:00am
Wyndham says hotel market may recover from fourth quarter

Wyndham says hotel market may recover from fourth quarter

The world hotel market is close to bottoming out and could begin to recover in the fourth quarter, chief executive of Wyndham Hotel Group said on Sunday. "I think we've reached the bottom, but the bottom is quick sand," Eric Danziger told Reuters on the s
Published 04 May, 2009 12:00am
IMF approves $256.4 million Zambia financing package

IMF approves $256.4 million Zambia financing package

The International Monetary Fund (IMF) has approved a $256.4 million financing package for Zambia and released $160.1 million to help the country overcome effects of the global financial crisis, a Treasury spokesman said. Chileshe Kandeta said the IMF's ex
Published 04 May, 2009 12:00am
EU sees German GDP contracting in 2010

EU sees German GDP contracting in 2010

The European Commission expects the German economy to contract by a further 0.2 to 0.3 percent in 2010 after declining by 5.6 percent in 2009, according to a report in the German newspaper Die Welt. The Commission's forecast for 2010 is more pessimistic t
Published 04 May, 2009 12:00am
Bangladesh gets $300 million budget aid from World Bank and Japan

Bangladesh gets $300 million budget aid from World Bank and Japan

Bangladesh will receive $300 million as direct budgetary support from the World Bank and Japan for the next fiscal year starting in July 2009, a senior finance ministry official said on Sunday. The official said that Japan became the first bilateral donor
Published 04 May, 2009 12:00am
Israel sees 2009 budget deficit at sic percent of GDP

Israel sees 2009 budget deficit at sic percent of GDP

Israel's Finance Ministry on Sunday projected a budget deficit in 2009 of 44.8 billion shekels ($10.8 billion), or 6 percent of gross domestic product, due to sharply lower tax revenue stemming from an economic downturn. In a presentation to cabinet minis
Published 04 May, 2009 12:00am
ECB set for final rate cut, analysts say

ECB set for final rate cut, analysts say

The European Central Bank will unveil record low interest rates and other ways to pull eurozone members from their worst recession in six decades at a landmark meeting here this week, analysts say. "The May meeting of the ECB promises to be a key signpost
Published 04 May, 2009 12:00am
Fiat says Opel 'extraordinary opportunity'

Fiat says Opel 'extraordinary opportunity'

Fiat SpA's purchase of German peer Opel would be "an extraordinary opportunity" for the Italian automaker, Fiat's chairman said in an interview published on Sunday. A purchase of the troubled German unit of General Motors Corp would be the "closing of the
Published 04 May, 2009 12:00am
Obama says financial sector to shrink in US economy

Obama says financial sector to shrink in US economy

The financial sector will make up a smaller part of the US economy in the future as new regulations clamp down on "massive risk-taking," President Barack Obama said in an interview published on late Saturday.
Published 04 May, 2009 12:00am
Vodafone Qatar sees bourse listing by end-July

Vodafone Qatar sees bourse listing by end-July

The Qatari unit of Vodafone, the world's biggest mobile phone group by sales, said on Sunday it expects to list its shares on the Doha bourse by the end July. The unit raised 3.38 billion riyals ($929.1 million) or 3.346 billion riyals after expenses in i
Published 04 May, 2009 12:00am
Zimbabwe orders school fee cuts as economy struggles

Zimbabwe orders school fee cuts as economy struggles

Zimbabwe's government has ordered all state schools to slash their fees as it struggles with an economic crisis desperately crying out for massive foreign aid, a local official newspaper said on Sunday.
Published 04 May, 2009 12:00am
Iraq's April oil exports rise

Iraq's April oil exports rise

Iraq's monthly oil exports rose slightly in April to 1.821 million barrels per day, from 1.815 million bpd in March, a senior oil industry official told Reuters on Sunday, adding that the price was $47 per barrel. Falah al-Amri, head of the State Oil Mark
Published 04 May, 2009 12:00am
Jayawardene leads Punjab to last-over win over Kolkata

Jayawardene leads Punjab to last-over win over Kolkata

Mahela Jayawardene struck an unbeaten 52 to guide Kings XI Punjab to a nail-biting six-wicket victory over Kolkata Knight Riders in the Indian Premier League here on Sunday. The Sri Lankan batsman hit seven fours in his 41-ball knock as Punjab surpassed K
Published 04 May, 2009 12:00am
Inspection committee impressed by Olympics Rio bid

Inspection committee impressed by Olympics Rio bid

Rio's security arrangements had impressed inspectors assessing the crime-ridden city for its 2016 Olympics bidd, officials said on Saturday "The security and the safety are a top priority," Gilberto Fell, a member of the 13-man inspection committee, told
Published 04 May, 2009 12:00am
Dark dawn for Real after being hit for six by Barca

Dark dawn for Real after being hit for six by Barca

Real Madrid fans and officials were waking up to face one of the darkest moments in the club's history on Sunday after the champions suffered a record 6-2 humiliation at the hands of arch rivals Barcelona.
Published 04 May, 2009 12:00am
Faltering Juve held at home, Milan win

Faltering Juve held at home, Milan win

Juventus failed to win for a fifth straight Serie A game when Jose Castillo scored in injury time to give relegation-threatened Lecce a 2-2 draw on Sunday. Pavel Nedved had scored twice to help third-placed Juve come from behind but they now trail Serie A
Published 04 May, 2009 12:00am
India behind World Cup move away from Pakistan: Mani

India behind World Cup move away from Pakistan: Mani

A former president of cricket's governing body Sunday accused India of being behind the decision to shift World Cup 2011 matches away from Pakistan which has further isolated the troubled country.
Published 04 May, 2009 12:00am
'London eyes bid to stage Super Bowl'

'London eyes bid to stage Super Bowl'

London has launched an audacious bid to stage the Super Bowl within the next eight years, a move that would see the United States' biggest sporting event played overseas for a first time, the Sunday Telegraph has reported.
Published 04 May, 2009 12:00am
Australian captain Clarke to miss Twenty20 clash

Australian captain Clarke to miss Twenty20 clash

Australia's stand-in captain Michael Clarke will not play in Thursday's Twenty20 clash against Pakistan in Dubai so he can prepare for upcoming commitments, an official said Sunday. The 28-year-old was chosen to lead Australia in the ongoing five-match on
Published 04 May, 2009 12:00am
Gayle delay worries West Indies coach Dyson

Gayle delay worries West Indies coach Dyson

West Indies coach John Dyson conceded the late arrival of captain Chris Gayle was "not ideal" after his side were thrashed by 10-wickets in their final match before next week's first Test against England. The tourists were beaten by the England Lions, the
Published 04 May, 2009 12:00am
Rossi powers to Spanish Grand Prix victory

Rossi powers to Spanish Grand Prix victory

MotoGP world champion Valentino Rossi powered from fourth on the starting grid to take his first victory of the season in Spain on Sunday and open an 11-point lead at the top of the overall standings. The Yamaha rider slipped past early leader Dani Pedros
Published 04 May, 2009 12:00am
Pacquiao stuns Hatton with second round knockout

Pacquiao stuns Hatton with second round knockout

Favourite Manny Pacquiao of the Philippines claimed the IBO light-welterweight title with a stunning second round knockout of British holder Ricky Hatton on Saturday. The 30-year-old southpaw twice knocked the Englishman to the canvas in the opening round
Published 04 May, 2009 12:00am
Liverpool beat Newcastle to keep up title hopes

Liverpool beat Newcastle to keep up title hopes

Liverpool beat Newcastle United 3-0 at Anfield on Sunday to maintain their pursuit of Manchester United at the top of the Premier League table and send Newcastle deeper into relegation trouble at the bottom. A goal off Yossi Benayoun's knee and a diving h
Published 04 May, 2009 12:00am
Honda forecasts small annual profit as costs cut

Honda forecasts small annual profit as costs cut

Honda Motor Co forecast a small profit for this year as it cuts costs to counter plunging car sales and a strong yen, and said its leading position in motorcyles is helping it cope with the severe global slowdown. Carmakers everywhere are being hammered b
Published 04 May, 2009 12:00am
Goodyear eliminates 3,800 jobs world-wide

Goodyear eliminates 3,800 jobs world-wide

Goodyear Tire & Rubber reported on April 29 a first-quarter loss and said 3,800 jobs had been cut under a restructuring program aimed at putting the US tire maker back on the road to profits. Goodyear said it had a first-quarter net loss of 333 million do
Published 04 May, 2009 12:00am
Honda forecasts small annual profit as costs cut

Honda forecasts small annual profit as costs cut

Honda Motor Co forecast a small profit for this year as it cuts costs to counter plunging car sales and a strong yen, and said its leading position in motorcyles is helping it cope with the severe global slowdown. Carmakers everywhere are being hammered b
Published 04 May, 2009 12:00am
Abu Dhabi Islamic eyes larger UAE network

Abu Dhabi Islamic eyes larger UAE network

Abu Dhabi Islamic Bank (ADIB) said on April 30 it expects to sustain profit growth this year as it expands its United Arab Emirates (UAE) network to meet rising demand for Islamic banking. ADIB also plans to expand its operations in the Middle East and No
Published 04 May, 2009 12:00am
Birmingham win immediate promotion back to Premier League

Birmingham win immediate promotion back to Premier League

Birmingham City clinched automatic promotion to the Premier League after a season in the Championship (second division) when they won 2-1 at Reading on Sunday to finish second behind champions Wolverhampton Wanderers.
Published 04 May, 2009 12:00am
Kuznetsova stuns Safina to win Stuttgart final

Kuznetsova stuns Safina to win Stuttgart final

Russian Svetlana Kuznetsova stunned world number one Dinara Safina 6-4 6-3 to win the Stuttgart Grand Prix on Sunday. Kuznnetsova, the world number nine, was more consistent than fellow Russian Safina, holding her serve throughout to clinch her first tour
Published 04 May, 2009 12:00am
Public criticism sinks SocGen chairman

Public criticism sinks SocGen chairman

Daniel Bouton portrayed himself as the experienced captain who would steer French bank Societe Generale through the storm caused by the Kerviel trading scandal, but a year of public criticism finally overwhelmed him, with his resignation as chairman annou
Published 04 May, 2009 12:00am
Reckitt profits rocket 48 percent

Reckitt profits rocket 48 percent

Reckitt Benckiser, the Anglo-Dutch household products group, said on April 28 that net profits surged 48 percent in the first three months of the year, helped by strong sales of cleaning goods. Net earnings jumped to 303 million pounds (340 million euros,
Published 04 May, 2009 12:00am
Reckitt profits rocket 48 percent

Reckitt profits rocket 48 percent

Reckitt Benckiser, the Anglo-Dutch household products group, said on April 28 that net profits surged 48 percent in the first three months of the year, helped by strong sales of cleaning goods. Net earnings jumped to 303 million pounds (340 million euros,
Published 04 May, 2009 12:00am
BSkyB posts third quarter net profit

BSkyB posts third quarter net profit

British pay-TV giant BSkyB on April 30 announced modest net profits for the third quarter of its financial year thanks to strong subscriber growth and demand for high definition services. BSkyB posted net profit of 3.0 million pounds (6.7 million euros, 8
Published 04 May, 2009 12:00am
BSkyB posts third quarter net profit

BSkyB posts third quarter net profit

British pay-TV giant BSkyB on April 30 announced modest net profits for the third quarter of its financial year thanks to strong subscriber growth and demand for high definition services. BSkyB posted net profit of 3.0 million pounds (6.7 million euros, 8
Published 04 May, 2009 12:00am
Goodyear eliminates 3,800 jobs world-wide

Goodyear eliminates 3,800 jobs world-wide

Goodyear Tire & Rubber reported on April 29 a first-quarter loss and said 3,800 jobs had been cut under a restructuring program aimed at putting the US tire maker back on the road to profits. Goodyear said it had a first-quarter net loss of 333 million do
Published 04 May, 2009 12:00am
Portugal Telecom launches free digital TV service

Portugal Telecom launches free digital TV service

Portugal Telecom on April 29 launched a free-of-charge digital terrestrial television service (DTT) covering 40 percent of the population and is analysing a paid DTT service, CEO Zeinal Bava said. Besides offering digital-quality broadcasts, DTT also prov
Published 04 May, 2009 12:00am
Gazprom profit rises 11 percent in 2008 to $23.3 billion

Gazprom profit rises 11 percent in 2008 to $23.3 billion

Russian gas giant Gazprom said on April 29 its net profit for 2008 rose 11 percent to 23.3 billion dollars (17.6 billion euros) from the previous year. The company's net gas sales surged by 45.2 percent to reach 104.7 billion dollars (80.3 billion euros)
Published 04 May, 2009 12:00am
Universal banking's days are numbered: study

Universal banking's days are numbered: study

More banks will abandon efforts to be all things to all people in favour of greater specialisation as universal banks have proved less profitable than their more focused peers, a study showed.
Published 04 May, 2009 12:00am
Samsung plans first Android phone for Europe

Samsung plans first Android phone for Europe

Samsung Electronics Co said that its first phone based on Google Inc's Android operating system would be available in major European countries Europe in June. The company said its 17,500 phone has touchscreen controls and runs on networks based on HSDPA,
Published 04 May, 2009 12:00am
IN SHORT: Painter David Hockney reveals new medium - his iPhone

IN SHORT: Painter David Hockney reveals new medium - his iPhone

British painter David Hockney revealed on April 30 that how he uses his iPhone to paint pictures, as a new exhibition of works he produced on his computer opened in London. "I like to draw flowers by hand on the iPhone and send them out to friends so they
Published 04 May, 2009 12:00am
Gazprom profit rises 11 percent in 2008 to $23.3 billion

Gazprom profit rises 11 percent in 2008 to $23.3 billion

Russian gas giant Gazprom said on April 29 its net profit for 2008 rose 11 percent to 23.3 billion dollars (17.6 billion euros) from the previous year. The company's net gas sales surged by 45.2 percent to reach 104.7 billion dollars (80.3 billion euros)
Published 04 May, 2009 12:00am
Quicken helps budget-minded iPhone owners

Quicken helps budget-minded iPhone owners

Intuit is offering iPhone owners free Quicken software designed to help them live within their means during these tough economic times. Quicken Online Mobile went live late on April 30 in Apple's online App Store for iPhone and iPod Touch programmes.
Published 04 May, 2009 12:00am
Microsoft in cellphone talks with Verizon

Microsoft in cellphone talks with Verizon

US software giant Microsoft is in talks with Verizon Wireless to launch a touch-screen cellphone early next year in a bid to compete with Apple's iPhone, The Wall Street Journal reported on April 28.
Published 04 May, 2009 12:00am
Conficker worm dabbling with mischief

Conficker worm dabbling with mischief

The Conficker worm's creators are evidently toying with ways to put the pervasive computer virus to work firing off spam or spreading rogue anti-virus applications called "scareware."
Published 04 May, 2009 12:00am
Twitter users not sticking around: Nielsen

Twitter users not sticking around: Nielsen

More than 60 percent of Twitter users have stopped using the micro-blogging service a month after joining, according to Nielsen Online research released on Tuesday.
Published 04 May, 2009 12:00am
Google fields low-tech wildfire prevention

Google fields low-tech wildfire prevention

Internet-Age innovator Google is taking advantage of an old-time principle to thwart wildfires: goats will eat almost anything. Google has brought in about 200 of the grazers to munch fields around its campus in the Northern California city of Mountain Vi
Published 04 May, 2009 12:00am
Facebook opens core to outside developers

Facebook opens core to outside developers

Facebook on Monday cleared the way for outside developers to craft software applications that do clever, creative or useful things with data streamed as updates at the social-networking service.
Published 04 May, 2009 12:00am
Mobile Web usage surges, old phones top list: Opera

Mobile Web usage surges, old phones top list: Opera

Global mobile data traffic continued to surge in March at the fastest pace in 10 months, but in many countries the traffic is coming from old cellphone models, Internet browser firm Opera said on Monday. Data traffic through Opera's mobile browser rose in
Published 04 May, 2009 12:00am
Windows 7 to make public debut on May 5

Windows 7 to make public debut on May 5

Microsoft said on April 30 that a nearly-final version of its next-generation Windows 7 operating system will be publicly released on May 5. The release will be available at microsoft.com/downloads in a move intended to signal that the software giant is p
Published 04 May, 2009 12:00am
Fish oil no help to heart patients after all

Fish oil no help to heart patients after all

Contrary to conventional wisdom, fish oil supplements are not particularly helpful to cardiac patients who are already receiving optimal medical care, according to a team of German researchers.
Published 04 May, 2009 12:00am
1918 flu pandemic killed 2.64 million Europeans: study

1918 flu pandemic killed 2.64 million Europeans: study

The 1918-19 pandemic of "Spanish flu" killed around 2.64 million Europeans, according to a French study, which says that despite its name, the pathogen probably originated outside Europe. Writing in the latest issue of the journal Influenza and Other Resp
Published 04 May, 2009 12:00am
World better prepared to fight new virus than SARS

World better prepared to fight new virus than SARS

World governments are much better prepared to deal with swine flu than they were with SARS because they already know key things about the new virus, a leading virologist in Hong Kong said. But Yuen Kwok-yung, a microbiology professor at the University of
Published 04 May, 2009 12:00am
Music devices finding life beyond the PC

Music devices finding life beyond the PC

Digital music players are freeing themselves, and consumers, from the shackles of the personal computer, thanks to devices that access music from what is called "the cloud."
Published 04 May, 2009 12:00am
Lip-reading computer may identify languages

Lip-reading computer may identify languages

Scientists develop lip-reading computer that can identify languages as well. You can now have a new computer capable of reading lips and identifying different languages. The computer scientists at the University of East Anglia (UEA) in Norwich, England ha
Published 04 May, 2009 12:00am
Cablevision rolls out super-fast Internet access

Cablevision rolls out super-fast Internet access

Cablevision Systems Corp plans to roll out super-fast Internet access connections that can allow a customer to download a full-length high-definition movie in less 10 minutes.
Published 04 May, 2009 12:00am
IAEA warns against overuse of medical CT scans

IAEA warns against overuse of medical CT scans

The International Atomic Energy Agency (IAEA), said on April 29 it was worried that patients receive too much radiation because of the overuse of computed tomography (CT) scans, proposed measures to apply the technique more sparingly.
Published 04 May, 2009 12:00am
Researchers find first common autism gene

Researchers find first common autism gene

Researchers have found the first common genetic link to autism and said it could potentially account for 15 percent of the disease's cases. Three studies, two in the journal Nature and one in Molecular Psychiatry, suggest changes in brain connections coul
Published 04 May, 2009 12:00am
Symptoms, diagnosis and prevention for swine flu

Symptoms, diagnosis and prevention for swine flu

In response to the swine flu outbreak that has left dozens dead in Mexico and spread to other countries, officials here launched a campaign to inform the public on virus symptoms, prevention and treatment. The following information was provided by the Mex
Published 04 May, 2009 12:00am
New DNA coding to track mosquitoes, fight disease

New DNA coding to track mosquitoes, fight disease

A novel genetic technology will be used in Africa to track mosquitoes that can spread a disease disfiguring millions of people with often grotesque swellings, scientists said. "DNA barcoding" - a technique that quickly obtains a unique genetic code - woul
Published 04 May, 2009 12:00am
World can burn 25 percent of oil and coal 'safely'

World can burn 25 percent of oil and coal 'safely'

The world can burn only a quarter of proven reserves of oil, gas and coal to be confident of staying within safer climate limits, unless untested carbon fixes work, experts said.
Published 04 May, 2009 12:00am
Six climbers killed in Austria Alps avalanche

Six climbers killed in Austria Alps avalanche

Six mountain climbers were killed in an avalanche near the major ski resort of Soelden in the Austrian Alps at the weekend, regional police said on Sunday. Witnesses spotted the snowslide in rugged highlands on Saturday and alerted alpine rescuers but the
Published 04 May, 2009 12:00am
Gas explosion in Siberian apartment kills eight

Gas explosion in Siberian apartment kills eight

A gas explosion tore through a Siberian apartment block early Sunday and sparked a fire that engulfed the building, killing eight people, including two children, Russian media reported. Separately on Sunday, a gas canister blast killed one person in St. P
Published 04 May, 2009 12:00am
Genes linked to chronic diseases identified

Genes linked to chronic diseases identified

Researchers in South Korea have identified genes that are linked to key indicators such as blood pressure and bone density that have a bearing on chronic diseases such as hypertension and osteoporosis.
Published 04 May, 2009 12:00am
Sunni fighters detained for past attacks

Sunni fighters detained for past attacks

Iraq officials say three leading members of an anti-insurgent Sunni militia are in custody on suspicion of staging attacks before they switched sides to join US-led forces. Iraqi officials say they are accused of violence during 2005 and 2006, including s
Published 04 May, 2009 12:00am
French police search for missing Nepalese skier

French police search for missing Nepalese skier

French police and colleagues of a skier from the Nepalese national team were increasingly concerned for his welfare Sunday, nealry a week after the teenager went missing from a training camp in the Alps. Uttam Rayamajhi, 17, quit the team's training base
Published 04 May, 2009 12:00am
Three dead in south Yemen clashes, US urges calm

Three dead in south Yemen clashes, US urges calm

Three people were killed on Sunday in clashes between security forces and anti-government protesters in southern Yemen, where separatist sentiment is strong, officials and witnesses said. The clashes, which have persisted for several days, prompted a rare
Published 04 May, 2009 12:00am
Afghan human rights chief fears fraud against women voters

Afghan human rights chief fears fraud against women voters

Ballots of Afghan women in conservative districts are vulnerable to fraud in August's presidential election, the country's top human rights official said Sunday. The movements of women are severely restricted by tradition in conservative parts of Afghanis
Published 04 May, 2009 12:00am
Myanmar survivors mark cyclone anniversary

Myanmar survivors mark cyclone anniversary

Emotional survivors gathered in Myanmar Sunday to remember the 138,000 people left dead or missing by Cyclone Nargis, despite authorities largely ignoring the storm's first anniversary.
Published 04 May, 2009 12:00am
Strong quake shakes Guatemala: USGS

Strong quake shakes Guatemala: USGS

A strong, 6.1-magnitude earthquake shook Guatemala Sunday but there were no initial reports of victims or significant damage, officials said. The temblor hit at 10:21 am (1621 GMT) some 10 kilometers (six miles) from the town of Santiago Atitlan and 68 km
Published 04 May, 2009 12:00am
Thai protest leader says soldiers attacked him

Thai protest leader says soldiers attacked him

A Thai protest leader who survived an assassination attempt said Sunday he believes he was attacked by soldiers who were assigned to silence him because he knows too much about the shady side of Thai politics.
Published 04 May, 2009 12:00am
Islamist militancy a concern in Bangladesh: US

Islamist militancy a concern in Bangladesh: US

The United States believes that Islamist militancy remains a concern for Bangladesh, US Ambassador James F. Moriarty said on Sunday, after a former prime minister said there was no such threat.
Published 04 May, 2009 12:00am
Nigerian president warns parliament on poll reform

Nigerian president warns parliament on poll reform

Nigerian President Umaru Yar'Adua has urged parliament to quickly pass electoral reform legislation to avoid a repeat of last weekend's botched election in south-western Ekiti state, a spokesman said on Sunday.
Published 04 May, 2009 12:00am
US trainers turn toward neglected Afghan police

US trainers turn toward neglected Afghan police

Seated in an office, surrounded by pomegranate trees in full bloom, Lieutenant Colonel Khalil Nehmatullah, an Afghan army commander in the dusty desert province of Farah, sighed when he heard the news. Insurgents had struck a police checkpoint overnight,
Published 04 May, 2009 12:00am
Anatomy of an 'inside' ambush in Iraq

Anatomy of an 'inside' ambush in Iraq

US soldiers and Iraqi police had just sat down for lunch inside a police building in Mosul. Flak vests and other protective gear were removed. A door to the room was left ajar - just wide enough for the barrels of Iraqi police AK-47s to be poked inside. T
Published 04 May, 2009 12:00am
The Weather

The Weather

The weather report on Sunday (May 03, 2009) and the forecast for Monday (May 04, 2009).

Published 04 May, 2009 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 27 to May 02 2009).

Published 04 May, 2009 12:00am
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