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Print - 2009-11-10
PWF pays tributes to Allama Iqbal

PWF pays tributes to Allama Iqbal

Pakistan Workers Federation (PWF) has paid glowing tributes to Dr Allama Mohammad Iqbal in a special session held at the Bakhtiar Labour Hall on Monday. The leadership of the Federation said Iqbal awakened the labourers through his poetry and prepared the
Published 10 Nov, 2009 12:00am
PML-N terms Zardari obstacle to political and economical stability

PML-N terms Zardari obstacle to political and economical stability

Pakistan Muslim League-N Central Leader and former Deputy Speaker National Assembly Chaudhry Jaffar Iqbal has termed President Asif Ali Zardari as an obstacle in way of political and economical stability in the country saying that there is no possibility
Published 10 Nov, 2009 12:00am
Imran Khan undergoes intestinal operation

Imran Khan undergoes intestinal operation

Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan has undergone operation of intestine here at Shaukat Khanum Memorial Cancer Hospital on Monday. Imran was admitted to the hospital this morning following severe pain in his stomach, when he was busy in daily
Published 10 Nov, 2009 12:00am
AJK, Punjab and NWFP receive rains, snowfalls

AJK, Punjab and NWFP receive rains, snowfalls

The weather got cold with the first rain of the season in parts of Azad Kashmir, Punjab and NWFP Monday. According to Meteorological Department rain is expected to end Tuesday evening in Central Punjab. In Azad Kashmir, rains continued for the second day.
Published 10 Nov, 2009 12:00am
54,900 displaced families registered in Dera Ismail Khan, Tank so far

54,900 displaced families registered in Dera Ismail Khan, Tank so far

At least 54,900 Internally Displaced families of South Waziristan Agency have been registered in Dera Ismail Khan and Tank. According to a private news channel, the food and other relief goods are being distributed among the displaced families. The patien
Published 10 Nov, 2009 12:00am
Minister condemns Peshawar blast

Minister condemns Peshawar blast

Federal Population Welfare Minister Dr Firdous Ashiq Awan has strongly condemned the suicide blast at a police check post in Peshawar on Monday, which resulted in the loss of precious lives while terming the perpetrator of the attack as enemies of Islam.
Published 10 Nov, 2009 12:00am
Kaira assures free, fair elections in Gilgit-Baltistan

Kaira assures free, fair elections in Gilgit-Baltistan

Federal Minister for Information and Broadcasting Qamar Zaman Kaira assured that Gilgit-Baltistan elections would be free, fair and transparent. Talking to Journalists after inaugurating, Pakistan Sweet Home, a center for orphaned children on Monday, said
Published 10 Nov, 2009 12:00am
Contract employees of Gilgit-Baltistan regularised

Contract employees of Gilgit-Baltistan regularised

Minister for Information and Broadcasting, Qamar Zaman Kaira Monday announced regularisation of all contract and daily wages employees working in different government organisations in Gilgit-Baltistan. Qamar Zaman Kaira, who is also Governor of the region
Published 10 Nov, 2009 12:00am
Jamaat-i-Islami asks government to quit US war on terror

Jamaat-i-Islami asks government to quit US war on terror

Jamaat-i-Islami Punjab said on Monday Pakistan should disassociate itself from American war on terror in order to bring peace in the country. Jamaat Punjab Chief Dr Syed Waseem Akhtar said increasing bomb blasts in the country speak of the inefficient lea
Published 10 Nov, 2009 12:00am
Police, LEAs urged to work with devotion for eradicating terrorism

Police, LEAs urged to work with devotion for eradicating terrorism

To root out the menace of terrorism and extremism from the country, police and other law enforcement agencies have to work with complete devotion and dedication, said renowned scholar and analyst, Hafiz Shafique-ur-Rehman, here on Monday.
Published 10 Nov, 2009 12:00am
Qaim awarded life membership of HPC

Qaim awarded life membership of HPC

The Governing Body of Hyderabad Press Club has awarded life membership of the club to Sindh Chief Minister Syed Qaim Ali Shah here during his visit to club. Announcing this, the Secretary Hyderabad Press Club Hameed-ur-Rehman said that the club has the ho
Published 10 Nov, 2009 12:00am
Prime Minister telephones Imran; enquire after his health

Prime Minister telephones Imran; enquire after his health

Prime Minister Syed Yusuf Raza Gilani telephoned Chairman Pakistan Tehreek-e-Insaaf (PTI), Imran Khan on Monday evening and enquired after his health. The Prime Minister prayed for early recovery of Imran Khan, who underwent a successful surgery to rectif
Published 10 Nov, 2009 12:00am
Trained midwives can save lives, seminar told

Trained midwives can save lives, seminar told

Almost 65 percent of women deliver at home, while one third of the pregnant women in the country have no prenatal care, which causes an abrupt increase in deaths during the delivery. This was stated by Imran Akhtar Asim, Managing Director (MD) Spectrum Ad
Published 10 Nov, 2009 12:00am
Medical fitness certificates for sailors on sale at PHD

Medical fitness certificates for sailors on sale at PHD

Massive irregularities, involving cases of corruption, are reportedly prevailing in the Port Health Department (PHD), which is located in Timber pond area of Keamari and works under the Ministry of Health.
Published 10 Nov, 2009 12:00am
Rana slams Elahi's statement

Rana slams Elahi's statement

Provincial Law Minister, Rana Sanaullah Khan has said that Chaudhry Pervaiz Elahi should not forget his own track record before criticising present Punjab government on the issue of sugar crisis. In a statement, the provincial minister said that the effor
Published 10 Nov, 2009 12:00am
Cold wave grips occupied Kashmir

Cold wave grips occupied Kashmir

Cold wave has gripped the occupied Kashmir Valley following fresh snowfall in upper reaches including Gulmarg, Pahalgam and different parts of Ladakh region. Meteorological department officials have predicted more rains and snow in the next two days,kms r
Published 10 Nov, 2009 12:00am
'Unruly' opposition rules the day in Punjab Assembly

'Unruly' opposition rules the day in Punjab Assembly

The 'unruly' opposition benches ruled the day in the Punjab Assembly on Monday, as they disrupted the proceedings through creating pandemonium in the House. However, the House managed to pass the Punjab Katchi Abadis (Amendment) Bill 2009 and the Punjab P
Published 10 Nov, 2009 12:00am
Light rains boost wheat sowing in Barani areas

Light rains boost wheat sowing in Barani areas

The on-going wet spell over the upper parts of the country has given a boost to wheat and gram sowing over 1.8 million acres of land in the Barani (rain-fed) areas of Punjab, said Director General, Agriculture Services Extension, Dr Anjum Ali here on Mond
Published 10 Nov, 2009 12:00am
Glowing tributes paid to Allama Iqbal

Glowing tributes paid to Allama Iqbal

Speakers paid glowing tributes to poet-philosopher Allama Iqbal and called for following his teachings to retrieve the country from manifold challenges, it was facing, at present.
Published 10 Nov, 2009 12:00am
Altaf slams harassment of party activists in Punjab

Altaf slams harassment of party activists in Punjab

Muttahida Qaumi Movement (MQM) leader Altaf Hussain has criticised Punjab government for harassing journalists, anchor-persons and party men for 'presenting point of view of MQM' in the Punjab province. In a statement here Monday, he said that his party r
Published 10 Nov, 2009 12:00am
Pakistani youth is truly Iqbal's 'Shaheen'

Pakistani youth is truly Iqbal's 'Shaheen'

"Pakistani youth is indeed 'Shaheen' (falcon) of Iqbal whose destinies lie in conquering the world, as our youth is determined to face all kinds of challenges, fearlessly and boldly, on way to success".
Published 10 Nov, 2009 12:00am
Zimbabwean Prime Minister's ally goes on trial for terrorism

Zimbabwean Prime Minister's ally goes on trial for terrorism

Zimbabwean Prime Minister Morgan Tsvangirai's ally Roy Bennett went on trial accused of terrorism on Monday in a case that has stoked tensions in the unity government of Tsvangirai and President Robert Mugabe's ZANU-PF. After initial arguments, the trial
Published 10 Nov, 2009 12:00am
Rio police killed 10,000 over past 11 years

Rio police killed 10,000 over past 11 years

More than 10,000 people have been killed in clashes with Rio de Janeiro police over the past 11 years, many of them in the city's lawless slums, according to a study published on Monday. Between January 1998 and September 2008, a total of 10,216 people we
Published 10 Nov, 2009 12:00am
Obama, Netanyahu to meet as US peace bid flounders

Obama, Netanyahu to meet as US peace bid flounders

President Barack Obama was due to hold talks with Israeli Prime Minister Benjamin Netanyahu in Washington on Monday amid floundering US efforts to jump-start stalled Middle East peace talks. The meeting between the two leaders is likely to anger Palestini
Published 10 Nov, 2009 12:00am
Russia, US restart nuclear disarmament talks

Russia, US restart nuclear disarmament talks

Russia and the United States on Monday resumed what is expected to be the last round of marathon talks to renew a key nuclear disarmament treaty which is due to expire next month. "The negotiations resumed this morning at the Russian mission and will last
Published 10 Nov, 2009 12:00am
British Prime Minister apologises over letter to dead soldier's mother

British Prime Minister apologises over letter to dead soldier's mother

British Prime Minister Gordon Brown has apologised to the mother of a soldier killed in Afghanistan after she accused him of disrespect in a sloppily-written letter of condolence, his office said Monday. Jacqui Janes, whose son Jamie, 20, of the 1st Batta
Published 10 Nov, 2009 12:00am
Floods, landslides kill 130 in El Salvador

Floods, landslides kill 130 in El Salvador

Floods and landslides killed at least 130 people in El Salvador and sent 10,000 fleeing their homes Monday after a late-season hurricane devastated swaths of mountainous Central America. Landslides and overflowing rivers swept away entire homes, while a r
Published 10 Nov, 2009 12:00am
Conditions in place for new food crisis, warns FAO

Conditions in place for new food crisis, warns FAO

Poor nations battered by record food prices last year need international help to raise agricultural output given conditions are still ripe for another food crisis, the UN Food and Agriculture Organisation's chief said.
Published 10 Nov, 2009 12:00am
US likely to send envoy to Pyongyang

US likely to send envoy to Pyongyang

The United States is "likely" to decide soon to send special envoy Stephen Bosworth to North Korea in a bid to jumpstart denuclearization talks, a senior US official said Monday. "I think it's quite likely," the State Department official said on condition
Published 10 Nov, 2009 12:00am
Hurricane Ida on path to Gulf of Mexico oil fields

Hurricane Ida on path to Gulf of Mexico oil fields

Hurricane Ida headed toward oil and gas facilities in the central Gulf of Mexico on Monday on a path to the US Gulf Coast after killing 124 people in El Salvador following floods and mudslides. US oil companies were shutting production and evacuating work
Published 10 Nov, 2009 12:00am
Former UK soldier says Iraqi was kicked before death

Former UK soldier says Iraqi was kicked before death

A former British soldier told an inquiry on Monday into allegations of abuse by British troops in Iraq that he saw two of his colleagues kick and hit a handcuffed Iraqi detainee shortly before he died. Baha Mousa, a 26-year-old hotel clerk, died some 24 h
Published 10 Nov, 2009 12:00am
Anti-corruption activists gather in Doha

Anti-corruption activists gather in Doha

The United Nations is able to put a price tag on political corruption - estimating that up to $1.6 trillion in public assets move across borders each year through networks such as money laundering or into secret holdings. The much harder question is how t
Published 10 Nov, 2009 12:00am
Russian bomb physicist dies at 93

Russian bomb physicist dies at 93

Nobel Physics prize winner Vitaly Ginzburg, who helped develop the Soviet hydrogen bomb, has died at the age of 93, the Russian Academy of Sciences said Monday. Ginzburg said the bomb "saved" his life during an anti-Jewish campaign. But he had drawn contr
Published 10 Nov, 2009 12:00am
MONEY WEEK: rise in private sector credit is on the cards

MONEY WEEK: rise in private sector credit is on the cards

Like the previous week, the week ending October 24 didn''t leave much to talk on cumulative change in money supply. The multiplier effect of credit creation is slowly but surely gathering momentum. Credit to corporate sector continues to gather pace, espe
Published 10 Nov, 2009 12:00am
MONEY WEEK: rise in private sector credit is on the cards

MONEY WEEK: rise in private sector credit is on the cards

Like the previous week, the week ending October 24 didn't leave much to talk on cumulative change in money supply. The multiplier effect of credit creation is slowly but surely gathering momentum. Credit to corporate sector continues to gather pace, espec
Published 10 Nov, 2009 12:00am
MONEY WEEK: rise in private sector credit is on the cards

MONEY WEEK: rise in private sector credit is on the cards

Like the previous week, the week ending October 24 didn't leave much to talk on cumulative change in money supply. The multiplier effect of credit creation is slowly but surely gathering momentum. Credit to corporate sector continues to gather pace, espec
Published 10 Nov, 2009 12:00am
Iran charges three detained Americans with espionage

Iran charges three detained Americans with espionage

Iran has charged three detained US citizens with espionage, the official IRNA news agency quoted a judiciary official as saying on Monday. The three were held after they strayed into Iran from northern Iraq at the end of July. "We believe strongly that th
Published 10 Nov, 2009 12:00am
Iran charges three detained Americans with espionage

Iran charges three detained Americans with espionage

Iran has charged three detained US citizens with espionage, the official IRNA news agency quoted a judiciary official as saying on Monday. The three were held after they strayed into Iran from northern Iraq at the end of July. "We believe strongly that th
Published 10 Nov, 2009 12:00am
Nato, Afghans claim to kill 130 Taliban in Kunduz

Nato, Afghans claim to kill 130 Taliban in Kunduz

Nato and Afghan officials claimed on Monday their forces had killed at least 130 Taliban fighters in a major operation over the past week in an area of Afghanistan's north where militant activity has surged. A combined force of 700 Afghan troops and 50 Na
Published 10 Nov, 2009 12:00am
Three UK brokerages complain of 'bullying' banks

Three UK brokerages complain of 'bullying' banks

Three of London's best-known brokerages have accused Britain's bailed-out banks of "bullying" debt-burdened corporate clients into using their investment banking services, skewing already tough competition. The chief executives of Panmure Gordon, Numis Se
Published 10 Nov, 2009 12:00am
Derivatives point to UK housing slowdown in 2010

Derivatives point to UK housing slowdown in 2010

UK housebuyers may still have a chance to secure a bargain home between 2010 and 2011, with annual house price growth seen at about half the 5.5 percent expected by end-2009, indicative derivatives data shows. Participants in Britain's junior property der
Published 10 Nov, 2009 12:00am
Progas sued for recovery of over Rs 1.399 billion

Progas sued for recovery of over Rs 1.399 billion

Progas Pakistan Limited, an LPG marketing company based in Karachi, is being sued by 10 financial institutions for recovery of about Rs 1.4 billion in addition to damages, according to court documents available with Business Recorder. These financi
Published 10 Nov, 2009 12:00am
Progas sued for recovery of over Rs 1.399 billion

Progas sued for recovery of over Rs 1.399 billion

Progas Pakistan Limited, an LPG marketing company based in Karachi, is being sued by 10 financial institutions for recovery of about Rs 1.4 billion in addition to damages, according to court documents available with Business Recorder. These financi
Published 10 Nov, 2009 12:00am
Progas sued for recovery of over Rs 1.399 billion

Progas sued for recovery of over Rs 1.399 billion

Progas Pakistan Limited, an LPG marketing company based in Karachi, is being sued by 10 financial institutions for recovery of about Rs 1.4 billion in addition to damages, according to court documents available with Business Recorder. These financi
Published 10 Nov, 2009 12:00am
Saudi Arabia announces $380 million loan for Pakistan

Saudi Arabia announces $380 million loan for Pakistan

Saudi Arabia announced on Monday that it would give $380 million loan to Pakistan. According to a private TV channel, the agreement between Economic Affairs Division and Saudi Fund will be signed on Tuesday (today). $200 million will be spent to cover bud
Published 10 Nov, 2009 12:00am
Saudi Arabia announces $380 million loan for Pakistan

Saudi Arabia announces $380 million loan for Pakistan

Saudi Arabia announced on Monday that it would give $380 million loan to Pakistan. According to a private TV channel, the agreement between Economic Affairs Division and Saudi Fund will be signed on Tuesday (today). $200 million will be spent to cover bud
Published 10 Nov, 2009 12:00am
Saudi Arabia announces $380 million loan for Pakistan

Saudi Arabia announces $380 million loan for Pakistan

Saudi Arabia announced on Monday that it would give $380 million loan to Pakistan. According to a private TV channel, the agreement between Economic Affairs Division and Saudi Fund will be signed on Tuesday (today). $200 million will be spent to cover bud
Published 10 Nov, 2009 12:00am
Multi-million euro polyethylene project in doubt

Multi-million euro polyethylene project in doubt

The future of a multi-million euro polyethylene project proposed to be established at Port Qasim is in doubt as the new Secretary of Industries and Production, Abdul Ghaffar Soomro, is reportedly seeking justification of incentives given in the past and a
Published 10 Nov, 2009 12:00am
Multi-million euro polyethylene project in doubt

Multi-million euro polyethylene project in doubt

The future of a multi-million euro polyethylene project proposed to be established at Port Qasim is in doubt as the new Secretary of Industries and Production, Abdul Ghaffar Soomro, is reportedly seeking justification of incentives given in the past and a
Published 10 Nov, 2009 12:00am
Multi-million euro polyethylene project in doubt

Multi-million euro polyethylene project in doubt

The future of a multi-million euro polyethylene project proposed to be established at Port Qasim is in doubt as the new Secretary of Industries and Production, Abdul Ghaffar Soomro, is reportedly seeking justification of incentives given in the past and a
Published 10 Nov, 2009 12:00am
External accounts position improving: Finance Ministry informs ECC

External accounts position improving: Finance Ministry informs ECC

The Finance Ministry has informed the Economic Co-ordination Committee (ECC) of the Cabinet that the external accounts position of Pakistan has been continuously improving but prospect for the balance of payments hinges significantly on the magnitude and
Published 10 Nov, 2009 12:00am
External accounts position improving: Finance Ministry informs ECC

External accounts position improving: Finance Ministry informs ECC

The Finance Ministry has informed the Economic Co-ordination Committee (ECC) of the Cabinet that the external accounts position of Pakistan has been continuously improving but prospect for the balance of payments hinges significantly on the magnitude and
Published 10 Nov, 2009 12:00am
External accounts position improving: Finance Ministry informs ECC

External accounts position improving: Finance Ministry informs ECC

The Finance Ministry has informed the Economic Co-ordination Committee (ECC) of the Cabinet that the external accounts position of Pakistan has been continuously improving but prospect for the balance of payments hinges significantly on the magnitude and
Published 10 Nov, 2009 12:00am
Retirement of sugar financing dues: SBP takes action against banks

Retirement of sugar financing dues: SBP takes action against banks

The State Bank of Pakistan has issued show-cause notices to those banks and DFIs which have failed to recover sugar financing dues on time from millers, sources in banking industry told Business Recorder on Monday. They said that despite SBP''s cle
Published 10 Nov, 2009 12:00am
Retirement of sugar financing dues: SBP takes action against banks

Retirement of sugar financing dues: SBP takes action against banks

The State Bank of Pakistan has issued show-cause notices to those banks and DFIs which have failed to recover sugar financing dues on time from millers, sources in banking industry told Business Recorder on Monday. They said that despite SBP's clea
Published 10 Nov, 2009 12:00am
Retirement of sugar financing dues: SBP takes action against banks

Retirement of sugar financing dues: SBP takes action against banks

The State Bank of Pakistan has issued show-cause notices to those banks and DFIs which have failed to recover sugar financing dues on time from millers, sources in banking industry told Business Recorder on Monday. They said that despite SBP's clea
Published 10 Nov, 2009 12:00am
Regional tax offices: FBR sets over ambitious targets

Regional tax offices: FBR sets over ambitious targets

The Federal Board of Revenue (FBR) has assigned over-ambitious targets to Regional Tax Offices (RTOs) Karachi, Lahore and Islamabad to register 13,500, 10,800 and 10,800 new taxpayers respectively during 2009-10. Sources told Business Recorder here
Published 10 Nov, 2009 12:00am
Regional tax offices: FBR sets over ambitious targets

Regional tax offices: FBR sets over ambitious targets

The Federal Board of Revenue (FBR) has assigned over-ambitious targets to Regional Tax Offices (RTOs) Karachi, Lahore and Islamabad to register 13,500, 10,800 and 10,800 new taxpayers respectively during 2009-10. Sources told Business Recorder here
Published 10 Nov, 2009 12:00am
Regional tax offices: FBR sets over ambitious targets

Regional tax offices: FBR sets over ambitious targets

The Federal Board of Revenue (FBR) has assigned over-ambitious targets to Regional Tax Offices (RTOs) Karachi, Lahore and Islamabad to register 13,500, 10,800 and 10,800 new taxpayers respectively during 2009-10. Sources told Business Recorder here
Published 10 Nov, 2009 12:00am
Policy rate may remain unchanged

Policy rate may remain unchanged

Inflation is down, but signs are obvious that original target is not achievable and a rising inflationary trend in the last two-quarter of FY 2009-10 will aggravate, as the advantage of base rate effect would vanish. Fiscal slippage remains a worrying fac
Published 10 Nov, 2009 12:00am
Policy rate may remain unchanged

Policy rate may remain unchanged

Inflation is down, but signs are obvious that original target is not achievable and a rising inflationary trend in the last two-quarter of FY 2009-10 will aggravate, as the advantage of base rate effect would vanish. Fiscal slippage remains a worrying fac
Published 10 Nov, 2009 12:00am
Policy rate may remain unchanged

Policy rate may remain unchanged

Inflation is down, but signs are obvious that original target is not achievable and a rising inflationary trend in the last two-quarter of FY 2009-10 will aggravate, as the advantage of base rate effect would vanish. Fiscal slippage remains a worrying fac
Published 10 Nov, 2009 12:00am
Ahmadinejad attacks capitalism

Ahmadinejad attacks capitalism

Iranian President Mahmoud Ahmadinejad Monday slammed capitalism for the global financial meltdown as he joined Muslim leaders at a summit in Turkey amid increasing pressure on his country over its nuclear drive. "The present economic crisis is due to the
Published 10 Nov, 2009 12:00am
Ahmadinejad attacks capitalism

Ahmadinejad attacks capitalism

Iranian President Mahmoud Ahmadinejad Monday slammed capitalism for the global financial meltdown as he joined Muslim leaders at a summit in Turkey amid increasing pressure on his country over its nuclear drive. "The present economic crisis is due to the
Published 10 Nov, 2009 12:00am
Ahmadinejad attacks capitalism

Ahmadinejad attacks capitalism

Iranian President Mahmoud Ahmadinejad Monday slammed capitalism for the global financial meltdown as he joined Muslim leaders at a summit in Turkey amid increasing pressure on his country over its nuclear drive. "The present economic crisis is due to the
Published 10 Nov, 2009 12:00am
Quarter of people say capitalism fatally flawed

Quarter of people say capitalism fatally flawed

Nearly a quarter of people across 27 countries world-wide believe free market capitalism is fatally flawed, according to a poll published on Monday to mark 20 years since the fall of the Berlin Wall. The fall of the Wall, which separated communist East Ge
Published 10 Nov, 2009 12:00am
Quarter of people say capitalism fatally flawed

Quarter of people say capitalism fatally flawed

Nearly a quarter of people across 27 countries world-wide believe free market capitalism is fatally flawed, according to a poll published on Monday to mark 20 years since the fall of the Berlin Wall. The fall of the Wall, which separated communist East Ge
Published 10 Nov, 2009 12:00am
Quarter of people say capitalism fatally flawed

Quarter of people say capitalism fatally flawed

Nearly a quarter of people across 27 countries world-wide believe free market capitalism is fatally flawed, according to a poll published on Monday to mark 20 years since the fall of the Berlin Wall. The fall of the Wall, which separated communist East Ge
Published 10 Nov, 2009 12:00am
Four killed in Peshawar suicide attack

Four killed in Peshawar suicide attack

Four people including a police personnel and three civilians were killed and several others sustained injuries when a suicide bomber blew himself here at police check post on Ring Road on Monday morning. According to eye-witnesses, the suicide bombers boa
Published 10 Nov, 2009 12:00am
The Weather

The Weather

The weather report on Monday (November 09, 2009) and the forecast for Tuesday (November 10, 2009).

Published 10 Nov, 2009 12:00am
Four killed in Peshawar suicide attack

Four killed in Peshawar suicide attack

Four people including a police personnel and three civilians were killed and several others sustained injuries when a suicide bomber blew himself here at police check post on Ring Road on Monday morning. According to eye-witnesses, the suicide bombers boa
Published 10 Nov, 2009 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 10 Nov, 2009 12:00am
We do not need help guarding nuclear: General Tariq

We do not need help guarding nuclear: General Tariq

The Army top brass on Monday termed the report of US journalist Seymour Hersh as absurd and plainly mischievous, saying that Pakistan is capable of safeguarding its nuclear assets and will not share sensitive information with anyone. "Pakistan has a very
Published 10 Nov, 2009 12:00am
We do not need help guarding nuclear: General Tariq

We do not need help guarding nuclear: General Tariq

The Army top brass on Monday termed the report of US journalist Seymour Hersh as absurd and plainly mischievous, saying that Pakistan is capable of safeguarding its nuclear assets and will not share sensitive information with anyone. "Pakistan has a very
Published 10 Nov, 2009 12:00am
Hariri forms unity government with Hezbollah

Hariri forms unity government with Hezbollah

Lebanon's Prime Minister Saad al-Hariri formed a new unity government on Monday that includes two ministers from Syrian- and Iranian-backed Hezbollah. Lebanon has been without a functioning government since Hariri led his coalition, backed by the United S
Published 10 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 10 Nov, 2009 12:00am
Hariri forms unity government with Hezbollah

Hariri forms unity government with Hezbollah

Lebanon's Prime Minister Saad al-Hariri formed a new unity government on Monday that includes two ministers from Syrian- and Iranian-backed Hezbollah. Lebanon has been without a functioning government since Hariri led his coalition, backed by the United S
Published 10 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 10 Nov, 2009 12:00am
India buys upgraded Israeli air defences for $1.1 billion

India buys upgraded Israeli air defences for $1.1 billion

Israel has signed a $1.1 billion contract to supply an upgraded tactical air defence system to India, with delivery expected by 2017, an Israeli official said on Monday. The sale of the Barak-8 systems came as India's army chief, General Deepak Kapoor, he
Published 10 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 09, 2009).

Published 10 Nov, 2009 12:00am
India buys upgraded Israeli air defences for $1.1 billion

India buys upgraded Israeli air defences for $1.1 billion

Israel has signed a $1.1 billion contract to supply an upgraded tactical air defence system to India, with delivery expected by 2017, an Israeli official said on Monday. The sale of the Barak-8 systems came as India's army chief, General Deepak Kapoor, he
Published 10 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 09, 2009).

Published 10 Nov, 2009 12:00am
Abbas says was 'very close' to peace agreement with Israel

Abbas says was 'very close' to peace agreement with Israel

Palestinian president Mahmud Abbas said on Monday he was "very close" to reaching a peace agreement with Israel before a new right-wing government assumed power at the end of March. "We were very close to reaching an agreement with the Israeli side, and t
Published 10 Nov, 2009 12:00am
Abbas says was 'very close' to peace agreement with Israel

Abbas says was 'very close' to peace agreement with Israel

Palestinian president Mahmud Abbas said on Monday he was "very close" to reaching a peace agreement with Israel before a new right-wing government assumed power at the end of March. "We were very close to reaching an agreement with the Israeli side, and t
Published 10 Nov, 2009 12:00am