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Print - 2009-12-03
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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
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
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
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
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
International Day of Disabled Persons today

International Day of Disabled Persons today

With the theme of "Making the MDGs Inclusive: Empowerment of persons with disabilities and their communities around the world," 'the International Day of Disabled Persons' is being celebrated here like other parts of the globe on December 3 (today) with a
Published 03 Dec, 2009 12:00am
Petition referred to LHC Chief Justice

Petition referred to LHC Chief Justice

Justice Asif Saeed Khosa of the Lahore High Court referred a petition to Chief Justice Lahore High Court seeking order to declare beneficiaries of NRO and those who got their loan waived of, disqualified for holding any public office, as the same was fixe
Published 03 Dec, 2009 12:00am
PTCL, SCO ink MoU

PTCL, SCO ink MoU

To further explore the future avenues of mutual interest and to identify the possible services, PTCL and Special Communication Organisation (SCO) have signed an MOU.
Published 03 Dec, 2009 12:00am
Pakistan holding retired officer in US terror probe case

Pakistan holding retired officer in US terror probe case

Army confirmed on Wednesday that security agencies were questioning a retired major in connection with a US terror investigation. Major General Athar Abbas did not say when the arrest was made or reveal the identity of the man. Intelligence officials, spe
Published 03 Dec, 2009 12:00am
Contempt of court petition: CJ LHC rejects unconditional apology of PSMA

Contempt of court petition: CJ LHC rejects unconditional apology of PSMA

Chief Justice Lahore High Court Khawaja Muhammad Sharif while sitting a division bench here on Wednesday turned down unconditional apology filed by Pakistan Sugar Mills Association's office-bearers to a contempt of court petition and directed them to own
Published 03 Dec, 2009 12:00am
Security forces clear 75 compounds at Qalandar village

Security forces clear 75 compounds at Qalandar village

Security forces cleared 75 compounds at Qalandar village during 'Operation Rah e Nijat' in South Waziristan and recovered huge cache of arms and ammunition. A solider was injured in the fighting. According to ISPR spokesman, Pakistan Army on Wednesday cle
Published 03 Dec, 2009 12:00am
Quitting Afghanistan is no option: Musharraf

Quitting Afghanistan is no option: Musharraf

Former President Pervez Musharraf says military efforts must be backed up by political dialogue with all groups, including the Taliban, to deal with extremism in the Pak-Afghan region. "Armies can only win sometimes, and at best, create an environment for
Published 03 Dec, 2009 12:00am
India working on Musharraf formula: BJP

India working on Musharraf formula: BJP

The BJP took exception to reports suggesting that the government was having talks with Hurriyat Conference in Jammu and Kashmir on the formula sought to be evolved by former Pakistan President General Pervez Musharraf. The BJP spokesman Prakash Javadekar
Published 03 Dec, 2009 12:00am
Gilani arrives in London

Gilani arrives in London

Prime Minister Syed Yousuf Raza Gilani arrived in London on Wednesday for the final leg of his two-nation visit. Prime Minister Gilani who flew here from Frankfurt, Germany will hold talks with British Prime Minister Gordon Brown at 10 Downing Street duri
Published 03 Dec, 2009 12:00am
Fares raised on inter-city routes

Fares raised on inter-city routes

The All Pakistan Transport Owners Federation (APTF) without official approval has increased fares of buses on inter-city route. Chairman APTF Azam Khan Niazi while talking to media said due to increase in petroleum product prices they were left with no ot
Published 03 Dec, 2009 12:00am
Road safety: NH&MP launch sweet candy week

Road safety: NH&MP launch sweet candy week

A week-long road safety campaign launched in N-5 Central Zone Lahore on Wednesday. Speaking at the launching ceremony, Zonal Commander and DIG National Highways and Motorway Police (NH&MP) Syed Ibne Hussain has said that NH&MP have always endeavoured to e
Published 03 Dec, 2009 12:00am
CIA told to produce abducted child before court

CIA told to produce abducted child before court

Lahore High Court Chief Justice Khawaja Muhammad Sharif here on Wednesday directed CIA to produce before the court the newly born child abducted from Services Hospital Lahore. Chief Justice passed these directions when Inspector General Police informed th
Published 03 Dec, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Dec, 2009 12:00am
LHC premises: circular for vehicles inspection issued

LHC premises: circular for vehicles inspection issued

Chief Justice Lahore High Court, Khawja Muhammad Sharif has issued a circular for inspection of all the vehicles entering in the High Court premises to avoid any untoward incident. The circular issued here Wednesday said that all male and female lawyers a
Published 03 Dec, 2009 12:00am
LHC Chief Justice takes suo motu action against DPO

LHC Chief Justice takes suo motu action against DPO

Chief Justice Lahore High Court took suo motu action against the murder of Muhammad Imran (23) in a fake police encounter and directed DPO Sheikhupura to appear before the court on December 3. The Chief Justice has taken this action on a news item appeare
Published 03 Dec, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Dec, 2009 12:00am
Three secondary school teachers to visit Japan

Three secondary school teachers to visit Japan

The Embassy of Japan and the Japan Foundation has selected three secondary school teachers from Pakistan to visit Japan on 'Group-Tour Programme for Secondary School Educators 2009' from December 3 to December 16, 2009, to receive teaching training along
Published 03 Dec, 2009 12:00am
PMS holds national conference on HIV/AIDS

PMS holds national conference on HIV/AIDS

World AIDS Day is one of the most visible opportunities for public and private partners to spread awareness about the status of the pandemic and encourage progress in HIV/AIDS prevention, treatment and care in high prevalence countries and around the worl
Published 03 Dec, 2009 12:00am
Parliament joint sitting on December 7

Parliament joint sitting on December 7

President Asif Ali Zardari has summoned the joint sitting of the Parliament on December 7 to discuss the Aghaz-e-Huqooq-e-Balochistan package, which was presented by the government before a special sitting of the Parliament on November 24.
Published 03 Dec, 2009 12:00am
Import of billets: FBR reduces assessable value

Import of billets: FBR reduces assessable value

The Federal Board of Revenue (FBR) has reduced assessable value on the import of billets from 500 dollars per metric ton to 440 dollars per metric ton for calculation of sales tax. In this connection, the FBR has amended Sales Tax Special Procedures Rules
Published 03 Dec, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 02, 2009).

Published 03 Dec, 2009 12:00am
Import of billets: FBR reduces assessable value

Import of billets: FBR reduces assessable value

The Federal Board of Revenue (FBR) has reduced assessable value on the import of billets from 500 dollars per metric ton to 440 dollars per metric ton for calculation of sales tax. In this connection, the FBR has amended Sales Tax Special Procedures Rules
Published 03 Dec, 2009 12:00am
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