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May 13, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-10-18
IMM speculators trim bets versus dollar

IMM speculators trim bets versus dollar

Currency speculators pared bets against the US dollar in the latest week, according to Commodity Futures Trading Commission data released on Friday. The value of the dollar's net short position fell to $17.99 billion in the week ended October 13, from a $
Published 18 Oct, 2009 12:00am
Taiwan dollar falls

Taiwan dollar falls

The Taiwan dollar fell as foreign investors and the central bank bought US dollars, but exporter deals limited losses. The T$ has been hovering in a tight range between T$32.20 and T$32.40 over the past week or so, partly because of wariness over the cent
Published 18 Oct, 2009 12:00am
Canadian dollar slips

Canadian dollar slips

Canada's dollar fell against the US currency on Friday as investor thirst for risk waned and soft domestic inflation data underpinned expectations the Bank of Canada will keep rates steady through mid-2010. North American equity markets, typically a barom
Published 18 Oct, 2009 12:00am
Wall Street declines

Wall Street declines

US stocks fell on Friday after disappointing results from General Electric Co and Bank of America Corp demonstrated the road to economic recovery will be bumpy. GE, which sells products from aircraft engines to refrigerators, reported a 20 percent drop in
Published 18 Oct, 2009 12:00am
Korean treasury-bonds plunge

Korean treasury-bonds plunge

South Korean treasury bonds plunged on Friday, battered by record selling of debt futures by foreign investors fearing big rate increases and state currency controls. Foreign investors sold a net 24,117 government bond futures contracts worth 2.62 trillio
Published 18 Oct, 2009 12:00am
Korean treasury-bonds plunge

Korean treasury-bonds plunge

South Korean treasury bonds plunged on Friday, battered by record selling of debt futures by foreign investors fearing big rate increases and state currency controls. Foreign investors sold a net 24,117 government bond futures contracts worth 2.62 trillio
Published 18 Oct, 2009 12:00am
Toronto's main stocks index end flat

Toronto's main stocks index end flat

Toronto's main stock index closed flat on Friday as Toronto Dominion Bank and other banks fell after Bank of America Corp reported a quarterly loss, but gold-mining shares provided some lift. With the price of gold firming, four gold-mining shares claimed
Published 18 Oct, 2009 12:00am
Brazilian stocks down

Brazilian stocks down

Investors drove Brazilian stocks lower on profit-taking on Friday, as a slump in Wall Street added to bearish sentiment. The benchmark Bovespa index closed down 0.75 percent to 66,200.48, snapping a five-day streak of gains during which the index had adde
Published 18 Oct, 2009 12:00am
Argentine bonds fall

Argentine bonds fall

Argentine bond prices fell on Friday due to growing skepticism the country will move forward in the short term with plans to restore relations with creditors and the International Monetary Fund. Most government debt traded over-the-counter in Buenos Aires
Published 18 Oct, 2009 12:00am
CDA plans recreational projects on self-sustainable basis

CDA plans recreational projects on self-sustainable basis

The Capital Development Authority (CDA) has decided to execute future recreational projects on self-sustainable basis to ensure better quality of services and enjoyment facilities to the residents of the federal capital. "The execution of recreational pro
Published 18 Oct, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (October 17, 2009) and for Sunday (October 18, 2009).
Published 18 Oct, 2009 12:00am
Pakistan and US to hammer out energy ideas

Pakistan and US to hammer out energy ideas

Senior US officials will travel to Pakistan next week to hammer out strategies to tackle the country''s chronic electricity crisis and find ways to lure foreign investment into the crumbling sector. But the US officials and experts said there could be no
Published 18 Oct, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 17, 2009).

Published 18 Oct, 2009 12:00am
Difference of opinion causing delay in audit

Difference of opinion causing delay in audit

Splitting of opinions between Federal Board of Revenue (FBR) and Chartered Accountants (CA) firms to chalk out the modalities of corporate sector audit are causing delay in its commencement. Sources told Business Recorder on Saturday that both part
Published 18 Oct, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (October 17, 2009).

Published 18 Oct, 2009 12:00am
Difference of opinion causing delay in audit

Difference of opinion causing delay in audit

Splitting of opinions between Federal Board of Revenue (FBR) and Chartered Accountants (CA) firms to chalk out the modalities of corporate sector audit are causing delay in its commencement. Sources told Business Recorder on Saturday that both part
Published 18 Oct, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (October 17, 2009).

Published 18 Oct, 2009 12:00am
Difference of opinion causing delay in audit

Difference of opinion causing delay in audit

Splitting of opinions between Federal Board of Revenue (FBR) and Chartered Accountants (CA) firms to chalk out the modalities of corporate sector audit are causing delay in its commencement. Sources told Business Recorder on Saturday that both part
Published 18 Oct, 2009 12:00am
The Weather

The Weather

The weather report on Saturday (October 17, 2009) and the forecast for Sunday (October 18, 2009).

Published 18 Oct, 2009 12:00am
Your rupee last quarter

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (July 02 to September 30, 2009)

Published 18 Oct, 2009 12:00am
Pakistan and EU to explore possibility of FTA: talks begin on October 20

Pakistan and EU to explore possibility of FTA: talks begin on October 20

Islamabad and the 27-member European Union, headquartered in Brussels, will start negotiations on a possible free trade agreement (FTA), an unfulfilled dream of Pakistan. A meeting between the Pakistani team and the EU officials on FTA is scheduled for Oc
Published 18 Oct, 2009 12:00am
Pakistan and EU to explore possibility of FTA: talks begin on October 20

Pakistan and EU to explore possibility of FTA: talks begin on October 20

Islamabad and the 27-member European Union, headquartered in Brussels, will start negotiations on a possible free trade agreement (FTA), an unfulfilled dream of Pakistan. A meeting between the Pakistani team and the EU officials on FTA is scheduled for Oc
Published 18 Oct, 2009 12:00am
Pakistan and EU to explore possibility of FTA: talks begin on October 20

Pakistan and EU to explore possibility of FTA: talks begin on October 20

Islamabad and the 27-member European Union, headquartered in Brussels, will start negotiations on a possible free trade agreement (FTA), an unfulfilled dream of Pakistan. A meeting between the Pakistani team and the EU officials on FTA is scheduled for Oc
Published 18 Oct, 2009 12:00am
Saudi banks have adequate debt provisions

Saudi banks have adequate debt provisions

Local Saudi banks are taking enough provisions for doubtful debt, the kingdom's central bank governor said on Saturday, adding it was too early to consider removing stimulus from the economy. Muhammad al-Jasser made the remarks to reporters on the sidelin
Published 18 Oct, 2009 12:00am
Ecuador oil minister sees no reason for Opec output cut

Ecuador oil minister sees no reason for Opec output cut

Ecuadorean Mines and Petroleum Minister Germanico Pinto told Reuters on Friday he sees no reason for an Opec output cut in 2010 and that Ecuador sees oil prices stable next year. "We've got reasonable and stable (oil) prices ... these months we've had sta
Published 18 Oct, 2009 12:00am
Trading to start on China's new small stock index

Trading to start on China's new small stock index

Trading on China's new stock market catering to smaller companies will begin October 23, the chairman of the country's securities regulator said Saturday. The Growth Enterprises Market is meant to nurture private companies that struggle to get financing i
Published 18 Oct, 2009 12:00am
China recovery to gain momentum in 2010

China recovery to gain momentum in 2010

China will be able to sustain the momentum of its current V-shaped recovery, setting the stage for stronger growth next year than in 2009, Yao Jingyuan, chief economist of the National Bureau of Statistics, said on Saturday. Figures due next Thursday are
Published 18 Oct, 2009 12:00am
US and UK companies see lawsuits rise in 2010

US and UK companies see lawsuits rise in 2010

US and UK companies saw a rise in legal disputes this year and expect more litigation in 2010, spurred by tighter regulation, whistleblowers and bankruptcies, a survey of corporate counsel showed. A majority of respondents from large-cap companies - 52 pe
Published 18 Oct, 2009 12:00am
Growers against corporate farming, land lease to foreigners

Growers against corporate farming, land lease to foreigners

Pakistan Kisaan Board Punjab President Khurshid Ahmed Kanju and President of Anjuman Kaashtkaran Punjab Abdul Ali Zakir Osmani have called for resisting government's plan to lease out millions of acres of land to foreigners and introduce corporate farming
Published 18 Oct, 2009 12:00am
Maldives sends climate SOS with undersea cabinet

Maldives sends climate SOS with undersea cabinet

The Maldivian president and ministers held the world's first underwater cabinet meeting on Saturday, in a symbolic cry for help over rising sea levels that threaten the tropical archipelago's existence. Aiming for another attention-grabbing event to bring
Published 18 Oct, 2009 12:00am
Maldives sends climate SOS with undersea cabinet

Maldives sends climate SOS with undersea cabinet

The Maldivian president and ministers held the world's first underwater cabinet meeting on Saturday, in a symbolic cry for help over rising sea levels that threaten the tropical archipelago's existence. Aiming for another attention-grabbing event to bring
Published 18 Oct, 2009 12:00am
35 members of banned outfit arrested

35 members of banned outfit arrested

Islamabad Police on Saturday raided a house in the heart of the capital and arrested over 35 members of a banned religious outfit, Hizb-ul-Tehreer. Talking to Business Recorder, sources said that the house is located in Sector F-8/3, and was raided
Published 18 Oct, 2009 12:00am
35 members of banned outfit arrested

35 members of banned outfit arrested

Islamabad Police on Saturday raided a house in the heart of the capital and arrested over 35 members of a banned religious outfit, Hizb-ul-Tehreer. Talking to Business Recorder, sources said that the house is located in Sector F-8/3, and was raided
Published 18 Oct, 2009 12:00am
No further extension of date for filing IT returns

No further extension of date for filing IT returns

The Federal Board of Revenue (FBR) would not further extend the date for filing/e-filing income tax returns, an official in the board told APP. Earlier, on the request of taxpayers, the board had extended the date for filing returns up to October 20 to fa
Published 18 Oct, 2009 12:00am
No further extension of date for filing IT returns

No further extension of date for filing IT returns

The Federal Board of Revenue (FBR) would not further extend the date for filing/e-filing income tax returns, an official in the board told APP. Earlier, on the request of taxpayers, the board had extended the date for filing returns up to October 20 to fa
Published 18 Oct, 2009 12:00am
No further extension of date for filing IT returns

No further extension of date for filing IT returns

The Federal Board of Revenue (FBR) would not further extend the date for filing/e-filing income tax returns, an official in the board told APP. Earlier, on the request of taxpayers, the board had extended the date for filing returns up to October 20 to fa
Published 18 Oct, 2009 12:00am
Qaim pays tributes to martyrs of October 18

Qaim pays tributes to martyrs of October 18

Snidh Chief Minister Syed Qaim Ali Shah has paid glowing tributes to martyrs of October 18 Karsaz tragedy for their great sacrifice on the eve of their second anniversary. In a statement the Chief Minister described October 18 as the blackest day of Pakis
Published 18 Oct, 2009 12:00am
HBFCL privatisation rumour quashed

HBFCL privatisation rumour quashed

Azhar Abbas Jafferi, Managing Director, HBFCL, has quashed the rumours pertaining to the HBFCL privatisation, saying that the management of company will take employees on board before taking any decision. He stated this while meeting with the representati
Published 18 Oct, 2009 12:00am
Karsaz tragedy reminds of battle against militancy: Zardari

Karsaz tragedy reminds of battle against militancy: Zardari

President Asif Ali Zardari while paying tributes to the martyrs of Karsaz tragedy, said the tragedy served to remind that central battle in Pakistan was against militancy and terrorism which must be won. On the eve of second anniversary of Karsaz tragedy
Published 18 Oct, 2009 12:00am
Nigerian arrested with 500 grams heroin

Nigerian arrested with 500 grams heroin

A foreigner, who was carrying half kilogram narcotics, was arrested by the Customs at the Jinnah International Airport on Saturday evening. Sources told Business Recorder that a Nigerian national Fprdino Pollendo who was arrested by the officials o
Published 18 Oct, 2009 12:00am
Hindu community felicitated

Hindu community felicitated

Chhipa Welfare Association's Head Ramzan Chhipa has felicitated the Hindu community on the occasion of Diwali. A statement of the Association here on Saturday said that he also visited a Hindu Temple located in Soldier Bazaar and met with its caretaker. O
Published 18 Oct, 2009 12:00am
'E-Village moot' today

'E-Village moot' today

Pakistan Social Association (PSA), an NGO, is organising 'E-Village conference' today (Sunday), at 10:00 am, at the CIT plaza (located at the back of Muslim Commercial Bank) F-10 Markaz. A statement issued here said that the objective of the conference is
Published 18 Oct, 2009 12:00am
SHC stay order: CDGK stops collection of infrastructure tax

SHC stay order: CDGK stops collection of infrastructure tax

Following the grant of stay by Sindh High Court against infrastructure tax imposed by City District Government Karachi (CDGK), it has stopped collection/issuance of the tax, known as Public Utility Charges (PUCs).
Published 18 Oct, 2009 12:00am
LHC's five division benches, 11 single benches for next week

LHC's five division benches, 11 single benches for next week

The Lahore High Court Chief Justice Khawaja Muhammad Sharif has constituted five division benches (DBs) and eleven single benches (SBs) for the disposal of the cases pending at Principal Seat, Lahore for the week commencing from October 19. The DBs are he
Published 18 Oct, 2009 12:00am
23 ambulances donated to Pims

23 ambulances donated to Pims

Twenty-three ambulances worth 1.1 million dollars were donated as part of the USAID-supported Pakistan Initiative for Mothers and Newborns (PAIMAN) here on Saturday. The especially designed and equipped ambulances will assist pregnant women and newborns.
Published 18 Oct, 2009 12:00am
Weekly inflation up by 0.08 percent

Weekly inflation up by 0.08 percent

The Sensitive Price Indicator (SPI), for the week ended on 15 October, for the lowest income group upto Rs 3,000, registered an increase of 0.08 percent over the previous week. The SPI for the week under review in the above mentioned group was recorded at
Published 18 Oct, 2009 12:00am
CJP inspects Supreme Court Lahore Registry renovation work

CJP inspects Supreme Court Lahore Registry renovation work

The Chief Justice of Pakistan, Justice Iftikhar Muhammad Chaudhry, on Saturday chaired a meeting of Supreme Court (SC) Building Committee and issued necessary directions regarding renovation work of SC Lahore Registry. The meeting was attended by Justice
Published 18 Oct, 2009 12:00am
PML-N criticises prorogation of Parliament session

PML-N criticises prorogation of Parliament session

Leader of Pakistan Muslim League-Nawaz (PML-N), Senator Pervaiz Rasheed has strongly criticised the prorogation of the session of the Parliament sine die without giving an opportunity to the opposition parties to express their viewpoint on Kerry-Lugar Bil
Published 18 Oct, 2009 12:00am
Nation is united to cope with challenge of terrorism: Shahbaz

Nation is united to cope with challenge of terrorism: Shahbaz

Chief Minister Punjab Muhammad Shahbaz Sharif has said that the entire nation is united to cope with the challenge of terrorism and the country would be made a haven of peace by eliminating the menace of terrorism.
Published 18 Oct, 2009 12:00am
SAMBO to restart work on Lowari Tunnel within a week

SAMBO to restart work on Lowari Tunnel within a week

A team of Engineers of Korean construction company SAMBO has arrived at Lowari Tunnel and the work on the tunnel would formally be restarted within a week. Security plan has been chalked out for the security of the foreign engineers working on the project
Published 18 Oct, 2009 12:00am
PSM plays vital role in promoting engineering industries

PSM plays vital role in promoting engineering industries

Pakistan Steel is playing an important and vital role to promote Engineering Industries of Pakistan. Under the circumstances, the present management of Pakistan Steel needs to focus upon important aspects for better performance, Secretary Industries and P
Published 18 Oct, 2009 12:00am
PAP conference

PAP conference

Annual 3-day conference of Pakistan Association of Pathologists (PAP) will be held at Pakistan Institute of Medical Sciences on November 6. Pre and post-conference workshops are also being planned at other pathology institutes in twin cities.
Published 18 Oct, 2009 12:00am
Sardar Yaqoob nominated as candidate for AJK premiership

Sardar Yaqoob nominated as candidate for AJK premiership

Four-party alliance comprising Pakistan Peoples Party (AJK) PPP, Azad Jammu and Kashmir, Muslim Conference (Friends Group), Peoples Muslim League (PML) and MQM have unanimously decided to nominate Sardar Yaqoob Khan as its candidate for AJK premiership. S
Published 18 Oct, 2009 12:00am
Sugar still in short supply in twin cities

Sugar still in short supply in twin cities

Sugar has not been available at shops and retail outlets in the twin cities of Rawalpindi/Islamabad for the last two days, as the supply shortage continues at both the wholesale and retail levels, despite the people are ready to pay Rs 50 per kilo. Accord
Published 18 Oct, 2009 12:00am
FBR punishes eight officials of Income Tax, Customs and Excise

FBR punishes eight officials of Income Tax, Customs and Excise

The Federal Board of Revenue (FBR) has imposed penalty on 8 officials of Income Tax and Customs and Excise Groups (BS-16) including demotion on lower post and withholding of annual increments, with immediate effect. In this connection FBR issued 8 notific
Published 18 Oct, 2009 12:00am
Nine killed in Mohmand Agency

Nine killed in Mohmand Agency

The security forces killed nine militants including seven foreigners in a mid-night operation in Agra Post, Mohmand Agency, said a spokesman for FC Media Cell. The security forces engaged the militant hideouts at the Agra post late mid night. One soldier
Published 18 Oct, 2009 12:00am
PPP resorts to horse-trading to install its Prime Minister in AJK: PML-N

PPP resorts to horse-trading to install its Prime Minister in AJK: PML-N

Pakistan Muslim League-Nawaz (PML-N) on Saturday said the PPP government wants to nominate its prime minister in AJK and for this purpose it has resorted to horse-trading to buy the loyalties of Azad Kashmir Legislative Assembly members. PML-N also claime
Published 18 Oct, 2009 12:00am
PPC chief receives Rs one million grant cheque

PPC chief receives Rs one million grant cheque

NWFP Minister for Information Mian Iftikhar Hussain Friday evening gave a cheque of one million rupees grant for the Peshawar Press Club (PPC) to its president Shamim Shahid, at a simple ceremony here at the Directorate of Information.
Published 18 Oct, 2009 12:00am
Security around police, ICT offices being further tightened

Security around police, ICT offices being further tightened

The bosses of Islamabad Capital Territory (ICT) administration and Capital police put their heads together on Saturday to evolve strategy for foolproof security in the city as well as around their offices.
Published 18 Oct, 2009 12:00am
Hakim Saeed termed role model for others: glowing tributes paid

Hakim Saeed termed role model for others: glowing tributes paid

Speakers at a seminar paid glowing tributes to the late Hakim Muhammad Saeed for his contributions to the country in the field of education and Tibb (herbal treatment) as well as for social and cultural uplift in the country. The function was organised by
Published 18 Oct, 2009 12:00am
Painting exhibition of Hasan Saleem concludes

Painting exhibition of Hasan Saleem concludes

The closing ceremony of the six-day painting exhibition, depicting fine artistic work of the emerging new blood Hasan Altaf Saleem, was held here Saturday. The exhibition, arranged by the Lahore Arts Council (LAC), was held with the title of "Timescapes"
Published 18 Oct, 2009 12:00am
Profit-oriented units to be privatised: Tarin

Profit-oriented units to be privatised: Tarin

Federal Finance Minister Shaukat Tarin has disclosed that profit-oriented units would be privatised and performance of all institutions and units would be reviewed prior to denationalisation. Talking to newsmen at Multan airport on Saturday Tarin said tha
Published 18 Oct, 2009 12:00am
International Day for eradication of poverty observed

International Day for eradication of poverty observed

Like other parts of the globe, International Day for the Eradication of Poverty was observed in Pakistan on Saturday to promote awareness of the need to eradicate poverty and destitution in the World. NGOs organised meetings and seminars to highlight role
Published 18 Oct, 2009 12:00am
Significance of e-learning highlighted

Significance of e-learning highlighted

Professor Dr Iqrar Ahmad Khan, Vice Chancellor University of Agriculture Faislabad (UAF) has said that in this era of globalisation the e-learning has become the most important tool of education. He was addressing the participants of 3-day conference on e
Published 18 Oct, 2009 12:00am
Sugar price fixed at Rs 40 per kg in Hyderabad

Sugar price fixed at Rs 40 per kg in Hyderabad

The District Co-ordination Officer (DCO) Hyderabad Aftab Ahmed Khatri has announced that in pursuance of the Notification No SRO (I)/2009, dated 3rd October, 2009 issued by the Joint Secretary, Ministry of Industries and Production, Government of Pakistan
Published 18 Oct, 2009 12:00am
Sufficient sugar stock available in Faisalabad: DCO

Sufficient sugar stock available in Faisalabad: DCO

Following the directives of the provincial government, sufficient quantity of sugar was being supplied to the open market as 52,815 fifty-kilogram bags of sugar had been supplied in the district during the last 10 days. This was stated by DCO Saeed Wahlah
Published 18 Oct, 2009 12:00am
Fatiana terms Kerry-Lugar Bill balanced

Fatiana terms Kerry-Lugar Bill balanced

Pakistan Muslim League-Q Leader Riaz Fatiana had termed Kerry-Lugar Bill as the balanced one and said it would go a long way to uplift the economy of the country. Talking to a private news channel, he said if development projects were launched through thi
Published 18 Oct, 2009 12:00am
APHC urges India to hold plebiscite

APHC urges India to hold plebiscite

Leader of the All Parties Hurriyet Conference (APHC), Nayeem Ahmad Khan has urged India to resolve the Kashmir dispute as per the aspirations of Kashmiri people in occupied Kashmir. According to Kashmir Media Service, Nayeem Khan, while addressing a publi
Published 18 Oct, 2009 12:00am
Passco finalises modalities for paddy procurement

Passco finalises modalities for paddy procurement

Pakistan Agricultural Storage and Services Corporation (Passco) has finalised the modalities for procurement of paddy from Punjab, Sindh and Balochistan provinces. Managing Director, Passco, Major General Anwar Saeed Khan while talking to APP here, on Sat
Published 18 Oct, 2009 12:00am
WMA launches online course for doctors to treat tuberculosis patients

WMA launches online course for doctors to treat tuberculosis patients

Concern that many doctors are no longer being taught to diagnose and treat tuberculosis (TB) has led the World Medical Association (WMA) to launch a new online refresher course for physicians. The refresher course will provide basic clinical care informat
Published 18 Oct, 2009 12:00am
Spurious medicines confiscated from private hospital, stores

Spurious medicines confiscated from private hospital, stores

Drug Control Committee has seized spurious, expired, unregistered and official medicines from a private hospital located along Kawari Road and several medical stores of Jinnah Road Medical Complex Quetta in raids on Friday.
Published 18 Oct, 2009 12:00am
6,200 students visit International exposition on environment

6,200 students visit International exposition on environment

As many as 6,200 students from 75 public and private sectors educational institutions of the twin cities of Rawalpindi and Islamabad visited the International Expo on Environment held here at a local girls college from October 2-16.
Published 18 Oct, 2009 12:00am
Police directed to maintain security companies' record

Police directed to maintain security companies' record

The Capital Police have been directed to check and maintain the record of private security companies. This direction was issued after a private security agency has been found having illegal cache of weapons, fake arm licenses as well as some other objecti
Published 18 Oct, 2009 12:00am
20 cops' killings: police team reaches Nasirabad for probe

20 cops' killings: police team reaches Nasirabad for probe

On the directives of Interior Ministry, a team comprising senior police officials had reached district Nasirabad to conduct further investigation into killings of 20 policemen at the hands of militants. Well-informed sources in Home Department told APP he
Published 18 Oct, 2009 12:00am
Bureaucracy hit hard by Senate body

Bureaucracy hit hard by Senate body

The Senate Standing Committee on Health on Saturday expressed serious reservations over attitude of senior bureaucracy towards the Committees of the Parliament. The committee meeting chaired by Senator Kulsoom Parveen took exception to the absence of Mini
Published 18 Oct, 2009 12:00am
Fahim for enhancing trade with Cuba

Fahim for enhancing trade with Cuba

Federal Minister for Commerce, Makhdoom Amin Fahim, said here on Saturday that trade volume between Pakistan and Cuba was not satisfactory which needs to be boosted to benefit both the countries. Talking to Cuban Ambassador, Gustavo Machin Gomez, who call
Published 18 Oct, 2009 12:00am
120th Long Course convocation held at PMA

120th Long Course convocation held at PMA

The convocation ceremony of the 120th PMA Long Course was held at Pakistan Military Academy (PMA) on Saturday. Chief guest at the ceremony, Corps Commander, Gujranwala, Lieutenant General Nadeem Taj, congratulated the cadets on achieving the memorable day
Published 18 Oct, 2009 12:00am
Lok Virsa competence programme for art, culture starts

Lok Virsa competence programme for art, culture starts

The National Institute of Folk and Traditional Heritage, Lok Virsa in collaboration with Norway has started the programme of competence building of heritage museum and music exchange programme with emphasis on school concerts. Under the programme, three m
Published 18 Oct, 2009 12:00am
Thousands of Thai anti-government protesters rally

Thousands of Thai anti-government protesters rally

Thousands of Thai supporters of an ousted prime minister rallied again Saturday to demand a royal pardon for their fugitive leader, amid concerns about the king's health. King Bhumibol Adulyadej, the world's longest-reigning monarch at age 81, has been ho
Published 18 Oct, 2009 12:00am
Fire at India firecracker warehouse kills 32

Fire at India firecracker warehouse kills 32

At least 32 people were killed in an accidental blaze at a firecracker warehouse in southern India, officials said on Saturday. The victims had gathered late on Friday at Pallipattu village, in Tamil Nadu state, to buy firecrackers to celebrate the Hindu
Published 18 Oct, 2009 12:00am
Midair collision of two small planes kills four in France

Midair collision of two small planes kills four in France

A regional official in western France says four people died when their small tourist aircraft collided in midair. Eleonore Lacroix of the Charente-Maritime regional government said the dead included a 20-year-old woman who was piloting a Cessna with the h
Published 18 Oct, 2009 12:00am
March in Spain against immigration bill

March in Spain against immigration bill

Hundreds of drum-banging protesters marched through Madrid Saturday to denounce legislation that would toughen Spain's immigration policy. The protesters yelled through bullhorns and shouted slogans like "No human being is illegal!" in the rally against a
Published 18 Oct, 2009 12:00am
New flu can kill fast, researchers agree

New flu can kill fast, researchers agree

The new H1N1 flu is "strikingly different" from seasonal influenza, killing much younger people than ordinary flu and often killing them very fast, World Health Organisation officials said on Friday. A review of studies done during the seven months the vi
Published 18 Oct, 2009 12:00am
Afghanistan braces for possible election run-off

Afghanistan braces for possible election run-off

Several international political figures have phoned President Hamid Karzai, his office said on Saturday, in what appeared to be an intense diplomatic offensive to end a row over Afghanistan's disputed presidential election. The phone calls, including from
Published 18 Oct, 2009 12:00am
Government offers reward for turning in Taliban

Government offers reward for turning in Taliban

Afghanistan's government Saturday offered the equivalent of 40,000 dollars in return for information on Taliban militants who have infiltrated the capital Kabul, the interior ministry said. Scores of people in the capital have been killed in five suicide
Published 18 Oct, 2009 12:00am
US permits visit by North Korean official

US permits visit by North Korean official

The United States said on Friday it would allow a senior North Korean official to visit this month, a move analysts said could be a first step toward talks between the two on ending Pyongyang's nuclear programs. The State Department said it had decided to
Published 18 Oct, 2009 12:00am
US okays Glaxo's cervical cancer shot

US okays Glaxo's cervical cancer shot

GlaxoSmithKline Plc won US approval on Friday to sell a cervical cancer vaccine for girls and young women, while a rival Merck & Co shot was cleared for preventing genital warts in males. Glaxo said the US Food and Drug Administration cleared the Cervarix
Published 18 Oct, 2009 12:00am
Flood-borne disease leaves 89 dead in Philippines

Flood-borne disease leaves 89 dead in Philippines

Massive floods brought by powerful storms have caused an outbreak of the deadly disease leptospirosis that has claimed 89 lives in the Philippine capital alone, the health secretary said Saturday. The incidence of the disease in the Philippine capital and
Published 18 Oct, 2009 12:00am
Taiwan's military probes missile test failure

Taiwan's military probes missile test failure

Taiwan's military is probing the failure of its largest-ever missile exercise, carried out less than a fortnight after China showed off its advanced ballistic weaponry, a report said Saturday. The missiles malfunctioned during a test on Tuesday at the Chi
Published 18 Oct, 2009 12:00am
Somali pirates hijack Singaporean ship

Somali pirates hijack Singaporean ship

European Union naval officials say Somali pirates have hijacked a Singapore-flagged container ship. A statement on the Web site of the EU anti-piracy force says the Kota Wajar was seized early Thursday in the Indian Ocean about 300 miles (480 kilometres)
Published 18 Oct, 2009 12:00am
India reaffirms Dalai Lama can visit disputed state

India reaffirms Dalai Lama can visit disputed state

India has reaffirmed Tibetan spiritual leader the Dalai Lama's right to visit its disputed border region with China in the face of objections from Beijing, a report said Saturday. The India-based Dalai Lama is slated to visit next month the north-eastern
Published 18 Oct, 2009 12:00am
Excessive expense row: tax officials investigate 27 UK MPs

Excessive expense row: tax officials investigate 27 UK MPs

Tax officials are investigating the financial affairs of 27 members of parliament amid a continuing row over excessive expense claims, HM Revenue and Customs confirmed on Friday. The Daily Telegraph said in its Saturday edition that the inquiries had been
Published 18 Oct, 2009 12:00am
Indonesia's key reformers set to stay in next cabinet

Indonesia's key reformers set to stay in next cabinet

Indonesia's finance and trade ministers, technocrats with international profiles, said on Saturday they would be in President Susilo Bambang Yudhoyono's next cabinet, confirming a commitment to reform and growth. Finance Minister Sri Mulyani Indrawati, ex
Published 18 Oct, 2009 12:00am
'US eyes flexibility in allocating food aid'

'US eyes flexibility in allocating food aid'

The Obama administration wants more flexibility in how it allocates food aid dollars to complement its new strategy to help small farmers in poor countries boost their food production, Agriculture Secretary Tom Vilsack said on Friday. Vilsack and Secretar
Published 18 Oct, 2009 12:00am
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