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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-12-03
Seoul shares climb

Seoul shares climb

Seoul shares ended up 1.4 percent on Wednesday, posting their highest close in a week and nearly recovering losses suffered on fears sparked by the Dubai debt situation, with technology and banking plays fuelling gains. The Korea Composite Stock Price Ind
Published 03 Dec, 2009 12:00am
Geely's leads Hong Kong stocks up; Chinese shares higher

Geely's leads Hong Kong stocks up; Chinese shares higher

Stocks in Hong Kong and China chalked up a third consecutive session of bargain-hunting gains on Wednesday after positive US home sales data restored confidence in a global economic recovery and lifted stocks on Wall Street. The Hang Seng Index rose 0.8 p
Published 03 Dec, 2009 12:00am
Yuan ends flat

Yuan ends flat

The yuan ended flat against the dollar on Wednesday ahead of next week's annual economic policy-making conference which may show the Chinese government fine-tuning its long-standing stable yuan policy. The Central Economic Working Conference will be held
Published 03 Dec, 2009 12:00am
Yen holds ground

Yen holds ground

The yen was on the back foot against higher-yielding currencies as rising stocks and commodity markets encouraged a pick-up in risk-taking on Wednesday, while the dollar broadly held its ground. Traders and analysts in Japan were still chewing over steps
Published 03 Dec, 2009 12:00am
Dollar falls on Dubai relief

Dollar falls on Dubai relief

The US dollar fell against the euro on Tuesday as worries about Dubai's debt problems eased, while rising stock and commodity prices also dimmed the greenback's safe-haven allure. The yen weakened after the Bank of Japan announced more monetary easing mea
Published 03 Dec, 2009 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 69.05/69.06 (previous 69.04/69.05) Call Money Rates: 3.75-8.50 percent (previous 4.00-8.00 percent).
Published 03 Dec, 2009 12:00am
Hong Kong dollar hovers at upper limit

Hong Kong dollar hovers at upper limit

The Hong Kong dollar traded back at the top of its trading band against the US dollar on Wednesday, with sentiment boosted by extended gains in the domestic stock market and signs of an improving global economy. Dealers expected the Hong Kong dollar will
Published 03 Dec, 2009 12:00am
Australian dollar up

Australian dollar up

The Australian dollar rose on the yen on Wednesday for the third straight trading session, aided by firm Asian stocks, record gold prices and easing fears over the impact of Dubai's credit crisis. The Aussie rose to 80.59 yen, from 79.65 seen here late Tu
Published 03 Dec, 2009 12:00am
Asian currencies rally

Asian currencies rally

The Philippine peso and South Korean won led the Asian currency rally on Wednesday as investors gradually resumed buying of risky assets, with concerns easing over Dubai's debt problems that dimmed dollar's safe-haven allure and boosted the yen and gold.
Published 03 Dec, 2009 12:00am
Swiss franc loses some ground

Swiss franc loses some ground

The Swiss franc lost some ground to the euro and the dollar early on Wednesday but was still seen rising against both currencies thanks to strong economic fundamentals despite a central bank intervention threat. The franc was seen extending the previous s
Published 03 Dec, 2009 12:00am
China reaffirms pro-growth policy for 2010

China reaffirms pro-growth policy for 2010

China gave no sign on Friday that it was planning an early exit from its stimulus policies, pledging to stick with a pro-growth stance in 2010 to cushion the fallout of the global financial crisis. A meeting of the ruling Communist Party reaffirmed the re
Published 03 Dec, 2009 12:00am
Manchester United and Villa through to League Cup semis

Manchester United and Villa through to League Cup semis

Darron Gibson fired holders Manchester United through to the last four of the English League Cup on Tuesday with a 2-0 win at Old Trafford that ended Tottenham Hotspur's hopes of a third successive final. United, who beat Spurs on penalties in last season
Published 03 Dec, 2009 12:00am
Two Spanish clubs, seven players in betting probe

Two Spanish clubs, seven players in betting probe

The Spanish football federation (RFEF) is to investigate two second division clubs and seven professional players for possible match-fixing, one of the clubs concerned said Wednesday. Gran Canaria-based Las Palmas said in a statement that it and Madrid-ba
Published 03 Dec, 2009 12:00am
Dilshan gives Sri Lanka a solid start

Dilshan gives Sri Lanka a solid start

Tillakaratne Dilshan smashed his sixth century this year to give Sri Lanka a solid start in the crucial third and final Test against India here on Wednesday. Dilshan made 109 as Sri Lanka, seeking a win to draw the series 1-1, battled a wicket with turn a
Published 03 Dec, 2009 12:00am
Pakistani's IPL bid gets first clearance

Pakistani's IPL bid gets first clearance

Pakistan players have cleared the first political hurdle in their bid to play in the Indian Premier League next year, but face another obstacle. Pakistan's sports ministry is trying to get clearances for the players from other branches of government. The
Published 03 Dec, 2009 12:00am
GGHS Samanabad win Volleyball Competition

GGHS Samanabad win Volleyball Competition

Government Girls Higher Secondary School Samanabad has won the inter-tehsil Volleyball (Girls) tournament defeating Kinnaird Girls High School on Wednesday. The event was organised under Chief Minister's Punjab Sports Programme. Chief Minister's Sports Vo
Published 03 Dec, 2009 12:00am
Soccer team for SAFF championship announced

Soccer team for SAFF championship announced

Pakistan Football Federation (PFF) has approved KESC's striker Muhammad Essa Khan as captain of Pakistan football team which will appear in biennial SAFF Championship that will be staged at Dhaka's Bangabandhu National Stadium from 4th-14th December, 2009
Published 03 Dec, 2009 12:00am
Real Madrid to launch lingerie line

Real Madrid to launch lingerie line

Spanish giants Real Madrid, the world's richest football club in terms of income, will launch its first lingerie line for women next year, sports daily Marca reported Wednesday. In addition to the souvenir jerseys, t-shirts, coffee mugs and other items al
Published 03 Dec, 2009 12:00am
South Africa name four uncapped players in Test squad

South Africa name four uncapped players in Test squad

South Africa named four uncapped players in an expanded test squad of 15 for the opener of their four-match series against England, Cricket South Africa announced on Wednesday. Left-arm medium pacer Wayne Parnell, batsman Alviro Petersen, all-rounder Ryan
Published 03 Dec, 2009 12:00am
Interpol to help tackle football betting scourge

Interpol to help tackle football betting scourge

Interpol has agreed to help FIFA set up an international taskforce to help tackle the illegal betting scourge that has rocked football, president Sepp Blatter said on Wednesday. The international police organisation has become involved after reports that
Published 03 Dec, 2009 12:00am
FIFA rules out extra referees

FIFA rules out extra referees

World governing body FIFA on Wednesday ruled out the introduction of goal-line assistant referees at next summer's World Cup in South Africa. FIFA chief Sepp Blatter said that the question of adding two officials to keep an eye on action in and around the
Published 03 Dec, 2009 12:00am
France and Portugal miss out on World Cup seedings

France and Portugal miss out on World Cup seedings

The Netherlands were among the eight seeded teams announced here Wednesday for the 2010 World Cup at the expense of France and Portugal, whose tournament just got a lot harder. World football's governing body said the seeds were selected according to the
Published 03 Dec, 2009 12:00am
Australian Open chief backs Serena to keep it clean

Australian Open chief backs Serena to keep it clean

Australian Open chief Craig Tiley Wednesday backed Serena Williams not to repeat the foul-mouthed tirade that landed her with a record fine when she defends her title in January. Tiley described Williams as a "great champion," despite the notorious incide
Published 03 Dec, 2009 12:00am
Maradona banned from World Cup draw

Maradona banned from World Cup draw

Argentina coach Diego Maradona will be thrown out if he tries to attend the World Cup draw here this week, with FIFA Wednesday making clear he was banned. The foul-mouthed, former great was slapped with a two-month suspension from all football activities
Published 03 Dec, 2009 12:00am
Paris museums shut down in protest over cost cuts

Paris museums shut down in protest over cost cuts

Paris's top museums shut on Wednesday and the Mona Lisa kept her fans waiting as staff went on strike, protesting against cost cuts that they see as a threat to priceless art. Museums such as the Louvre, which houses the Mona Lisa at the heart of an art c
Published 03 Dec, 2009 12:00am
Kazakhstan to assume OSCE chair amid criticism

Kazakhstan to assume OSCE chair amid criticism

Kazakhstan's human rights record came under fresh criticism on Wednesday as the former Soviet republic prepared to take over the chair of Europe's top security body for the first time from Greece. Officials at a meeting of the 56-nation Organisation for S
Published 03 Dec, 2009 12:00am
India's provisional CO2 cut target at 24 percent by 2020

India's provisional CO2 cut target at 24 percent by 2020

India thinks it may be possible to cut its carbon intensity by 24 percent by 2020 compared with 2005 levels, according to provisional government estimates obtained by Reuters on Wednesday. Carbon intensity is the amount of carbon dioxide emitted for each
Published 03 Dec, 2009 12:00am
Japanese painter Hirayama dies at 79

Japanese painter Hirayama dies at 79

Japanese painter Ikuo Hirayama, a campaigner for the preservation of the world's cultural heritage known for his works on the Silk Road and Buddhism, died Wednesday, a spokeswoman said. He was 79. Hirayama died of a stroke at a Tokyo hospital, the spokesw
Published 03 Dec, 2009 12:00am
First US troops in Afghanistan in weeks: Gates

First US troops in Afghanistan in weeks: Gates

The first new US troops should reach Afghanistan in two to three weeks, Defence Secretary Robert Gates said on Wednesday as a leading senator questioned President Barack Obama's plan for a speedy but limited surge to turn the tide against the Taliban.
Published 03 Dec, 2009 12:00am
Europe reluctant to make firm Afghan troop pledges

Europe reluctant to make firm Afghan troop pledges

European leaders were quick to offer verbal support on Wednesday to US President Barack Obama's Afghanistan strategy, but in less of a hurry to commit new troops to an uncertain and deadly military campaign. Faithful US ally Britain was first off the mark
Published 03 Dec, 2009 12:00am
Israel strips more Palestinians of Jerusalem status

Israel strips more Palestinians of Jerusalem status

Israel stripped Palestinians of Jerusalem residency status last year at a faster rate than at any time in the history of the Jewish state, an Israeli rights group said on Wednesday, citing official Israeli statistics. "Revocation of residence has reached
Published 03 Dec, 2009 12:00am
Iran releases five Britons detained from yacht

Iran releases five Britons detained from yacht

Iran's elite Revolutionary Guards have released five Britons detained in the Gulf after their yacht apparently strayed into Iranian waters, Britain's Foreign Office said on Wednesday. Britain had stressed the five men, detained on November 25, were civili
Published 03 Dec, 2009 12:00am
Top Iranian economist jailed

Top Iranian economist jailed

Leading Iranian economist Saeed Laylaz has been sentenced to nine years in prison for protesting against the re-election of President Mahmoud Ahmadinejad, his lawyer said on Wednesday. "The court of first instance has sentenced Laylaz to a nine-year jail
Published 03 Dec, 2009 12:00am
Iran will enrich uranium to 20 percent: Ahmadinejad

Iran will enrich uranium to 20 percent: Ahmadinejad

A defiant President Mahmoud Ahmadinejad said on Wednesday that Iran will itself enrich uranium up to 20 percent purity in a blow to Western efforts to stop Tehran's sensitive nuclear activities. Ahmadinejad also said that even the Islamic republic's arch-
Published 03 Dec, 2009 12:00am
Iran whistleblower died from drug-laden salad

Iran whistleblower died from drug-laden salad

A top Iranian prosecutor says a doctor who blew the whistle on the torture of jailed opposition protesters in Iran died of poisoning from an overdose of an anti-hypertension drug in his salad. Tehran's public prosecutor Abbas Dowlatabadi says investigator
Published 03 Dec, 2009 12:00am
Bomb alert empties French parliament

Bomb alert empties French parliament

A bomb alert forced the French parliament to be evacuated on Wednesday, after environmental campaigners stormed the building and one abseiled into the debating chamber. It was not immediately clear whether the alert was linked to the protest by the Greenp
Published 03 Dec, 2009 12:00am
Murderer of boxing champion gets 20 years in Austria

Murderer of boxing champion gets 20 years in Austria

The man who stabbed to death former boxing world champion Edip Sekowitsch in Vienna was found guilty of murder and was sentenced to 20 years behind bars.The 50-year-old victim, born as Edip Secovic in Serbia, was one of Austria's most successful boxers.
Published 03 Dec, 2009 12:00am
UN envoy urges crackdown on backers of Somali pirates

UN envoy urges crackdown on backers of Somali pirates

The UN envoy for Somalia called Wednesday on Japan and the international community to help bring the financial backers of Somali pirates to justice. Ahmedou Ould-Abdallah, the UN special representative for the war-torn African nation, said piracy had beco
Published 03 Dec, 2009 12:00am
NWFP government to impose fine on using cellphone while driving

NWFP government to impose fine on using cellphone while driving

The NWFP government on Wednesday decided to impose fine of Rs 500 on drivers found talking on mobile phones while driving and one-wheeling of motorbikes. The decision was taken during a meeting of the provincial Cabinet held here with Chief Minister Ameer
Published 03 Dec, 2009 12:00am
SKAA fails to get NOC from government departments

SKAA fails to get NOC from government departments

Despite repeated attempts the Sindh Katchi Abadis Authority (SKAA) has failed to get NOC from the federal govt land owning departments, to comply with Sindh Assembly resolution for transformation of regularisation rights of occupied katchi abadis, as the
Published 03 Dec, 2009 12:00am
Industrialists reject increase in POL prices

Industrialists reject increase in POL prices

The industrialists have sharply reacted on increase of petroleum products prices and fear that prices of all the goods produced locally will go up sharply in near future. They feared that it would have very negative impact on the purchasing power of gener
Published 03 Dec, 2009 12:00am
Textile sector suffering due to cotton yarn shortage: Bilwani

Textile sector suffering due to cotton yarn shortage: Bilwani

It is a great dilemma and most ironic that while the largest revenue generator of foreign exchange, the textile sector is starving for cotton yarn there is absolutely no concern that the major input of this sector is blatantly being exported, lamented Jaw
Published 03 Dec, 2009 12:00am
Pakistan needs to change strategy on war on terror: Imran Khan

Pakistan needs to change strategy on war on terror: Imran Khan

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that Pakistan needs to change its strategy on war on terror otherwise conspirators from across the boarders would succeed in their agenda to destabilise Pakistan. In a statement issued here on Tu
Published 03 Dec, 2009 12:00am
Kotri Barrage canals to remain closed for 15 days

Kotri Barrage canals to remain closed for 15 days

The Chief Engineer Irrigation Kotri Barrage Hyderabad has notified for the information of Zamindars, cultivators and all concerned that Kotri Barrage canals will remain closed from December 25, 2009 to January 10, 2010.
Published 03 Dec, 2009 12:00am
Thano Bulla Khan Press Club inaugurated

Thano Bulla Khan Press Club inaugurated

Different development projects including proposal for construction of Dao and Darawat Dam would uplift the living standards of the people of the district, Zila Nazim Jamshoro Malak Asad Sikandar said while addressing the inauguration ceremony of Thano Bul
Published 03 Dec, 2009 12:00am
TDAP fails to register cotton, cotton yarn exports

TDAP fails to register cotton, cotton yarn exports

Trade Development Authority of Pakistan (TDAP) has not so far established any setup to register the export of cotton yarn and cotton with it in line with the government's recent directions amid acute shortage of these two raw items on the local market.
Published 03 Dec, 2009 12:00am
IoK group urges probe into unmarked graves

IoK group urges probe into unmarked graves

A human rights group in occupied Kashmir urged authorities on Wednesday to launch a probe into 2,700 unmarked graves of people believed to have died as a result of the region's revolt against Indian rule. The International People's Tribunal on Human Right
Published 03 Dec, 2009 12:00am
Thai stocks drop

Thai stocks drop

The Thai stock market fell 2.32 percent Wednesday after a court upheld the suspension of dozens of industrial projects worth billions of dollars on environmental health concerns, an analyst said. The Stock Exchange of Thailand (SET) composite index lost 1
Published 03 Dec, 2009 12:00am
Gulf stocks take a breather

Gulf stocks take a breather

Gulf stock markets steadied on Wednesday after heavy losses in the previous two days, in the absence of fresh developments in the Dubai debt crisis and as the UAE markets were closed. Qatar's Doha Securities Market added more than 350 points to close 5.3
Published 03 Dec, 2009 12:00am
Malaysian shares rise

Malaysian shares rise

Malaysian shares closed 0.35 percent higher Wednesday due to bargain hunting in property and construction stocks as fears over the Dubai debt crisis ease, dealers said. The Kuala Lumpur Composite Index rose 4.44 points to 1,271.15.
Published 03 Dec, 2009 12:00am
European CDS steady

European CDS steady

European corporate credit default swap spreads were marginally tighter on Wednesday, while the primary issuance market revived after the initial shock waves from Dubai's debt troubles subsided. The financial sector was active, with Nomura, Credit Suisse,
Published 03 Dec, 2009 12:00am
European CDS steady

European CDS steady

European corporate credit default swap spreads were marginally tighter on Wednesday, while the primary issuance market revived after the initial shock waves from Dubai's debt troubles subsided. The financial sector was active, with Nomura, Credit Suisse,
Published 03 Dec, 2009 12:00am
Indian shares down

Indian shares down

Indian stocks fell 0.16 percent on Wednesday as investors took profits on a sharp run-up in share prices that has been fuelled by strong economic data, dealers said. The benchmark 30-share Sensex index closed down 28.36 points at 17,169.91.
Published 03 Dec, 2009 12:00am
Wednesday's early afternoon trade: Dow and S&P dip; Nasdaq up

Wednesday's early afternoon trade: Dow and S&P dip; Nasdaq up

The Dow and S&P slipped on Wednesday, pressured by the financial and energy sectors, although the Nasdaq rose on positive news on online retailers such as Amazon. Investors also weighed mixed news on the labour market. Stocks pared early gains on concerns
Published 03 Dec, 2009 12:00am
UK's top share index rises

UK's top share index rises

Britain's leading share index ended 0.3 percent higher on Wednesday as mining firms gained on the back of higher commodity prices, outpacing some weakness in banks and energy stocks. The FTSE 100 closed 15.22 points higher at 5,327.39, adding to Tuesday's
Published 03 Dec, 2009 12:00am
Taliban commander vows to defeat US

Taliban commander vows to defeat US

Taliban commander Sirajuddin Haqqani said on Wednesday that the surge of troops would not save the United States from an eventual defeat in Afghanistan. Haqqani who is believed to be the unannounced top head of the Taliban militants in tribal region told
Published 03 Dec, 2009 12:00am
Rs 18.5 billion loans written off in Musharraf era

Rs 18.5 billion loans written off in Musharraf era

More than Rs 18.5 billion loans obtained from the government banks, financial institutions and agricultural bank were written off during the first four years of the military rule of Pervez Musharraf, private news channel reported.
Published 03 Dec, 2009 12:00am
London sugar hits record high

London sugar hits record high

January robusta coffee ended $11 lower at $1,336 a tonne on Wednesday. Market weighed by bearish technicals, which have led to selling by investors. March cocoa in London finished 22 pounds lower at 2,183 pounds a tonne. Weighed by producer and investor s
Published 03 Dec, 2009 12:00am
Copper and aluminium jump

Copper and aluminium jump

Copper and aluminium rose to their highest levels in over a year on Wednesday, on the back of fresh investment buying after fears eased about Dubai's debt problems and upbeat data bolstered the recovery picture. Lead hit an 18-month high, while zinc was i
Published 03 Dec, 2009 12:00am
Oil falls below $77

Oil falls below $77

US crude futures fell over 2 percent to settle below $77 a barrel on Wednesday, extending losses after US government inventory data showed larger-than-expected builds in crude and gasoline stocks. Crude oil inventories rose 2.1 million barrels last week,
Published 03 Dec, 2009 12:00am
Gold hits another peak nears $1,220 in Europe

Gold hits another peak nears $1,220 in Europe

Gold hit a record high at $1,216.75 an ounce in Europe on Wednesday as investors bet on higher prices, with funds lengthening positions on expectations for a fresh leg of dollar weakness and more central bank buying. The metal also reached all-time peaks
Published 03 Dec, 2009 12:00am
US MIDDAY: coffee and sugar up

US MIDDAY: coffee and sugar up

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Wednesday. March arabica coffee contract rises 1.30 cents to $1.44 per lb at 11:00 am EST (1600 GMT). Session range from $1.4240 to $1.4430. March raw sugar contract up 0.41 cent at
Published 03 Dec, 2009 12:00am
US MIDDAY: corn down

US MIDDAY: corn down

Corn futures on the Chicago Board of Trade declined early Wednesday as a firmer dollar triggered profit-taking after rallies earlier this week, traders said. As of 10:02 am CST (1602 GMT), CBOT December corn was down 5-3/4 cents at $3.94 per bushel.
Published 03 Dec, 2009 12:00am
US MIDDAY: Wheat falls

US MIDDAY: Wheat falls

Wheat futures on the Chicago Board of Trade were lower early on Wednesday, pressured by a firmer dollar and plentiful global supplies, traders said. As of 9:45 am CST (1545 GMT), CBOT December wheat was down 6-1/4 cents at $5.56-1/4 per bushel.
Published 03 Dec, 2009 12:00am
US MIDDAY: soya slides

US MIDDAY: soya slides

Soyabean futures on the Chicago Board of Trade fell to the day's lows at midsession on Wednesday, pressured by a firmer dollar and commercial selling, traders said. As of 11:29 am CST (1729 GMT), January soyabeans were down 20 cents at $10.39-1/2 per bush
Published 03 Dec, 2009 12:00am
US MIDDAY: copper climbs

US MIDDAY: copper climbs

US copper futures rose to a new 15-month high above $3.27 a lb early on Wednesday, after data from the labour market added to a recent string of upbeat reports that reinforced optimism for economic and demand recovery in 2010. Copper for March delivery ro
Published 03 Dec, 2009 12:00am
US MIDDAY: gold jumps above $1,200

US MIDDAY: gold jumps above $1,200

US gold futures rose to record highs well above $1,200 an ounce on Wednesday in the face of a stronger dollar, boosted by heavy buying by hedge funds and other gold investment products. COMEX February gold up $13.70, or 1.5 percent, at $1,213.90 an ounce
Published 03 Dec, 2009 12:00am
Disabled employee appeals to Shahbaz for job regularisation

Disabled employee appeals to Shahbaz for job regularisation

A disabled person working at Cardiology institute Multan on daily wages has appealed to Chief Minister Mian Mohammad Shahbaz Sharif on the eve of International day of disabled to regularise his services under the disabled quota.
Published 03 Dec, 2009 12:00am
'Wheat output can be raised with proper use of fertiliser'

'Wheat output can be raised with proper use of fertiliser'

Wheat production could be increased up to 35 percent with the balanced used of fertiliser. This was stated by Dr Muhammad Rashid, Director General Agriculture (Research) while addressing a seminar organised by Soil Fertility Survey and Soil Testing Instit
Published 03 Dec, 2009 12:00am
FCCI opposes POL prices raise

FCCI opposes POL prices raise

Abdul Qayyum, President of Faisalabad Chamber of Commerce & Industry, has expressed deep concern over the increase in the oil prices by Ogra. He said that the textile sector is already on the verge of collapse due to energy crisis and high input cost.
Published 03 Dec, 2009 12:00am
Sialkot Chamber rejects increase in POL prices

Sialkot Chamber rejects increase in POL prices

The President of Sialkot Chamber of Commerce and Industry (SCCI), Muhammad Ishaq Butt, has urged the government to take revolutionary steps for bringing out the industrial sector from multifarious problems caused by increase of petroleum produts and elect
Published 03 Dec, 2009 12:00am
Artists find inspiration in turmoil

Artists find inspiration in turmoil

Pakistani artist Rashid Rana wants us to look at his country and see the Islamic conservatism, fervent patriotism, postcard mountain landscapes. And then he wants us to stop and look again. A massive canvas depicting an oriental rug is on closer inspectio
Published 03 Dec, 2009 12:00am
Zafar's induction to help boost exports: PTEA

Zafar's induction to help boost exports: PTEA

Pakistan Textile Exporters Association has welcomed the incumbency of new Federal Secretary Commerce Zafar Mahmood. In a statement issued here on Wednesday Khurram Mukhtar, Chairman and Sohail Pasha, Vice Chairman Pakistan Textile Exporters Association, s
Published 03 Dec, 2009 12:00am
Road cleanliness drive under way

Road cleanliness drive under way

The operation of cleaning city roads for blood spots of sacrificial animals is under way in the jurisdiction of Jinnah Town and Lyallpur Town have been washed on Wednesday. EDO MS Ashiq Hussain Dogar said that the important roads in Iqbal Town and Madina
Published 03 Dec, 2009 12:00am
DCOs told to conduct survey of encroached state land

DCOs told to conduct survey of encroached state land

Divisional Commissioner Tahir Hussain has directed the DCOs and revenue officers of Faisalabad Division to launch an affective campaign against the 'Qabza Groups' for the retrieval of state land from the illegal processions after conducting comprehensive
Published 03 Dec, 2009 12:00am
Speakers for repealing discriminatory laws against women

Speakers for repealing discriminatory laws against women

The speakers of the seminar titled 'Effects of violence against women on the society', organised by Arooj-e-Mariam Catholic Church, call upon the government to ensure implementation of existing laws for the protection of women; repeal discriminatory laws
Published 03 Dec, 2009 12:00am
IT laboratories inauguration

IT laboratories inauguration

On the directives of the Punjab government, the inauguration of IT labs will be held on Wednesday at Govt. Dackan Girls High School, Samnabad. Punjab Minister for Law Rana Sanullah Khan will be the chief guest on the occasion. Local MNAs/MPAs, DCO Saeed W
Published 03 Dec, 2009 12:00am
Misuse of army uniform

Misuse of army uniform

I want to express my views on the miserable act of misusing the army uniform for the purpose of terrorism. This activity of selling the army uniform and badges has caused great loss to many precious lives. Due to this extremists and terrorists killed six
Published 03 Dec, 2009 12:00am
'FBR's new ad'

'FBR's new ad'

This refers to a letter captioned 'FBR's new ad' published in your esteemed paper on November 27, 2009. In the letter, the writer has called into question the use of what he calls the intimidating tone and tenor applied in the sentence 'everyone has to pa
Published 03 Dec, 2009 12:00am
Text of Obama's speech: The way forward in Afghanistan and Pakistan

Text of Obama's speech: The way forward in Afghanistan and Pakistan

United States Military Academy at West Point: Good evening. To the United States Corps of Cadets, to the men and women of our armed services, and to my fellow Americans: I want to speak to you tonight about our effort in Afghanistan - the nature of our co
Published 03 Dec, 2009 12:00am
Text of Obama's speech: The way forward in Afghanistan and Pakistan

Text of Obama's speech: The way forward in Afghanistan and Pakistan

United States Military Academy at West Point: Good evening. To the United States Corps of Cadets, to the men and women of our armed services, and to my fellow Americans: I want to speak to you tonight about our effort in Afghanistan - the nature of our co
Published 03 Dec, 2009 12:00am
Vice President slot of UNDP board given to Pakistan

Vice President slot of UNDP board given to Pakistan

'The Asia Group' has unanimously endorsed the candidature of Pakistan for the post of Vice President of the Executive Board of the United Nations Development Programme (UNDP) paving way for Abdullah Hussain Haroon to assume the important assignment in 201
Published 03 Dec, 2009 12:00am
Dubai debt woes to boost neighbours' Islamic bank biz

Dubai debt woes to boost neighbours' Islamic bank biz

As investors flee debt-laden Dubai, neighbouring Bahrain, Qatar and Saudi Arabia are likely to pick up much of its Islamic banking business, though the financial hub is expected to bounce back eventually. While banks and builders from London to Singapore
Published 03 Dec, 2009 12:00am
Aghaz-e-Haqooq-e-Balochistan package

Aghaz-e-Haqooq-e-Balochistan package

The comprehensive and multi-dimensional Aghaz-e-Haqooq-e-Balochistan package combining political, administrative and economic initiatives by the federal government is aimed at addressing longstanding grievances of the province and ameliorate lot of its pe
Published 03 Dec, 2009 12:00am
Viewpoint: Please show some spine

Viewpoint: Please show some spine

British Prime Minister Gordon Brown called President Asif Ali Zardari on the Eid Day to discuss, reports said, some bilateral issues. Details of the discussion are not available but judging from what Brown had to say in a television interview the next day
Published 03 Dec, 2009 12:00am
FICCI's strange report

FICCI's strange report

Taking serious notice of a report that has appeared under the auspices of the Federation of Indian Chambers of Commerce and Industry (FICCI) Task Force on National Security and Terrorism, the Lahore Chamber of Commerce and Industry (LCCI) has decided to s
Published 03 Dec, 2009 12:00am
Oil prices rise again!

Oil prices rise again!

The rise in the international price of oil led to an automatic upward adjustment in the domestic price of oil through a notification issued by the Oil and Gas Regulatory Authority. The general public has, by and large, blamed the federal government for th
Published 03 Dec, 2009 12:00am
How Pakistan can attract more investment

How Pakistan can attract more investment

Angela Merkel would not have been the first woman chancellor of Germany if she were not tough in decision-making and frank in expression; something the Pakistani leadership learnt firsthand during Prime Minister Gilani's recent visit. Addressing a joint p
Published 03 Dec, 2009 12:00am
Punjab government approves new system of payment to sugarcane growers

Punjab government approves new system of payment to sugarcane growers

The Punjab government has approved a new system of payment to the sugarcane growers on the basis of sucrose contents which will take effect from December 31, 2009. The new system has been approved in the light of the Federal Sugar Policy 2009-10 aimed at
Published 03 Dec, 2009 12:00am
Chief Justice LHC issues non-bailable arrest warrants of two accused

Chief Justice LHC issues non-bailable arrest warrants of two accused

Chief Justice Lahore High Court while issuing non-bailable arrest warrants of two accused involved in 3200 grams heroine case and also directed additional district and sessions judge who granted bail to them to appear before the court on December 16.
Published 03 Dec, 2009 12:00am
LPG producer prices likely to go up by 10 percent

LPG producer prices likely to go up by 10 percent

Pakistan's LPG producer prices are expected to increase by 10 percent on Thursday as a result of the increase in the Saudi Aramco Contract Price, LPG producer Fasih Ahmad said this here on Wednesday. "The month-on-month Saudi LPG export price or Saudi Ara
Published 03 Dec, 2009 12:00am
Reinstatement of Union Councils' secretaries demanded

Reinstatement of Union Councils' secretaries demanded

Treasury members of the City Council reiterated their demands of the reinstatement of all secretaries of Union Councils (UCs) at their pre-October 28, position, to run the UCs offices, who were recently withdrawn/transferred by the Sindh government.
Published 03 Dec, 2009 12:00am
Viva of MA final of Sindh University on December 18

Viva of MA final of Sindh University on December 18

The Controller of Examinations University of Sindh has announced on Wednesday that viva voce of M.A final for annual examination 2008 will be conducted December 18. The viva voce examination will be conducted at Sindh Development Study centre, Fareast and
Published 03 Dec, 2009 12:00am
Sindh University notifies names of candidates' securing positions

Sindh University notifies names of candidates' securing positions

The Controller of Examinations, Sindh University has notified names of candidates' secured positions in various examinations from Pass Side (College side) under annual examinations. According the announcement in LLB annual examination 2008 Muhammad Shafiq
Published 03 Dec, 2009 12:00am
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