News Archives for Print - 2010-01-02

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Print - 2010-01-02

Member to Member

The following transactions member to member subsequently reported on Friday (January 01, 2010).

Published 02 Jan, 2010 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (January 01, 2010).

Published 02 Jan, 2010 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 02 Jan, 2010 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Jan, 2010 12:00am

BRIDGE NOTES: No more in illusion

Bridge is a game that can trigger illusions to a point where a defender thinks he is impregnable to beat the declarer's contract on the sheer strength of his high card points. But ground reality on the table is what matters in the end, as happened to west

Published 02 Jan, 2010 12:00am

SPORTS WORLD: Aussies beat Pakistan in first Test

Pakistan, chasing world record run chase, have lost the first Test to host Australia by 170 runs. The visitors were given an improbable victory target of 422, they headed to stumps on fourth day in a relatively good health at 170 for three, but the fifth

Published 02 Jan, 2010 12:00am

TV THOUGHTS: Karachi hit hard by terrorists

I write this column on the midnight of 30th-31st December 2009 and by the time it will appear a New Year and a new decade would have unfolded into our lives. It will be the 2nd of January of 2010, and if one is conscious of this time factor it is understa

Published 02 Jan, 2010 12:00am

CAPITAL CULTURAL SCENE: A tribute to Quaid

The nation celebrated the 133rd birth anniversary of the Father of the Nation with traditional zeal and reverence. The art and cultural communities equally participated in the national festivities through multi dimensional activities organised in the capi

Published 02 Jan, 2010 12:00am

Art Fact: Versatility of forms and colours

As we travel through history we see various types of pottery around the world. In fact pottery reflects the traditions and civilisation of the particular area it belongs. The styles and colours vary from place to place indicating the different aesthetic s

Published 02 Jan, 2010 12:00am

KARACHI CHRONICLE: Why they kill their newborns

Some weeks ago the bodies of two new-born babies, a boy and a girl, were found at two separate refuse dumps in Korangi. This type of murder of new-borns and disposal of their dead bodies on garbage jumps is growing apace in congested residential parts of

Published 02 Jan, 2010 12:00am

Teaching faith in US schools

The challenge of providing basic religious knowledge as part of the American school curriculum needs to be met with a bold, new approach. The separation of church and state has left teachers and administrators loathe to broach the subject of religion in t

Published 02 Jan, 2010 12:00am

The plight of poor fishermen

It was in the second week of July, 2009, that on the invitation of Pakistan Fishermen Forum (PFF), I visited Ebrahim Hydri, a fishermen village at Karachi's coastal area. The event was a reception by PFF in honour of a three-member delegation of Indian pe

Published 02 Jan, 2010 12:00am

Soyabeans lead lacklustre grains to firm 2009 finish

US soyabean futures rose 1 percent on Thursday, closing out a generally lacklustre year for the grains markets on a strong note as analysts looked for funds and China to revive the market's stalled rally. Weighed down by bumper crops and a global recessio

Published 02 Jan, 2010 12:00am

Singaporean firm wins Bangladesh wheat tender

Singaporean firm Indosino has won a Bangladesh tender to supply 30,000 tonnes of wheat at $241.95 per tonne, a food ministry official said on Friday. Of the total, 18,000 tonnes would be supplied through Chittagong port and 12,000 tonnes through Mongla po

Published 02 Jan, 2010 12:00am

US copper poised for best gains

US copper was up half percent to 16-month highs on Thursday as fund buying and a looming mine strike in Chile put the red metal on course for a 140 percent gain this year, its best in at least 20 years. Benchmark copper for March delivery up 1.85 cents, o

Published 02 Jan, 2010 12:00am

Argentine wheat harvest advances swiftly

Argentina's 2009/10 wheat harvest advanced rapidly although it was delayed in some growing areas by recent rains, the Agriculture Secretariat said in its latest report. Argentina is among the world's top wheat exporters but a massive drought hit yields an

Published 02 Jan, 2010 12:00am

Argentina authorises export of 240,000 tonnes of wheat

Argentina has authorised export of 240,000 tonnes of wheat as current crop yields are higher than expected after a severe drought, the agriculture minister said late on Wednesday. Argentina, a major producer of soy, corn and wheat, has restricted wheat ex

Published 02 Jan, 2010 12:00am

Vietnam's 2009 rice exports rise

Vietnam's 2009 rice exports jumped 25.4 percent to an estimated 5.95 million tonnes, the government said on Thursday. The General Statistics Office estimated rice exports in the calendar year ending this month generated $2.66 billion, a drop of 8 percent

Published 02 Jan, 2010 12:00am

Indonesia revises up 2010 rice output forecast

Indonesia's rice output in 2010 is expected to be around 72 million tonnes, up from an initial forecast of about 65 million tonnes, Agriculture Minister Suswono said on Thursday.

Published 02 Jan, 2010 12:00am

New York sugar ends 2009 near 29-year top

Raw sugar futures on Thursday closed 2009 at the highest level in almost 29 years, driven by a deep shortfall in sugar supply which triggered heavy fund investment in the sweetener, which in previous years of this decade had not boomed as much as other co

Published 02 Jan, 2010 12:00am

Gold rallies in Asia

Gold rallied on Thursday, helped by a weaker US dollar, a factor that has helped propel gold to a record high earlier this month and its ninth annual gain in as many years. The gain reversed a slide in bullion prices on Wednesday, when investors ditched g

Published 02 Jan, 2010 12:00am

Ending cotton war to be hard for US, Brazil

It will be extremely difficult for the United States and Brazil to negotiate an end to a nine-year battle over US cotton subsidies, increasing the chances Brazil could retaliate on US exports in 2010. The World Trade Organisation (WTO) in 2009 gave Brazil

Published 02 Jan, 2010 12:00am

World market price for upland cotton

The US Agriculture Department on Thursday set the prevailing world market price for upland cotton at 61.90 cents per lb, effective through January 7. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton.

Published 02 Jan, 2010 12:00am

Indian corn rejected before export

More than 100,000 tonne of Indian corn set to be exported to Southeast Asian countries has been rejected at local ports due to the poor quality of grains, three trade sources said. After the weakest monsoon in 37 years had reduced crop output, unseasonal

Published 02 Jan, 2010 12:00am

India's annual exports up 18.2 percent

India's exports rose an annual 18.2 percent in November to $13.2 billion, the first rise after 13 straight months of decline indicating a partial recovery, the government said on Friday. Analysts said it was too early to view the year-on-year exports grow

Published 02 Jan, 2010 12:00am

Fox, Time Warner Cable extend carriage contract

Time Warner Cable and News Corp's Fox Networks agreed to a brief extension of their current carriage contract on Thursday to avoid a blackout that would have prevented 13 million US homes from seeing TV shows like "The Simpsons" and college and NFL footba

Published 02 Jan, 2010 12:00am

British shops set for tax increase

Most shops across Britain were preparing to lift their prices on Friday because of an increase in the taxation on goods and services. The British government had slashed VAT, or value added tax, to 15.0 percent one year ago in a bid to boost the recession-

Published 02 Jan, 2010 12:00am

Bangladesh extends ban on rice exports until June

Bangladesh extended a ban on rice exports for another six months to June as prices in domestic markets are rising despite good crops, an official said on Friday. The south Asian country banned overseas shipments of common varieties in May 2008 following a

Published 02 Jan, 2010 12:00am

Moscow to impose tariffs on oil export to Belarus

Russia will impose customs tariffs on oil supplied to Belarus, Russia's government said early Friday as Minsk denounced "unprecedented pressure" on its delegation due to hold talks in Moscow, the Interfax news agency reported. "Talks were held from Decemb

Published 02 Jan, 2010 12:00am

Russia decides to ban US poultry imports

Russia will begin to block imports of US poultry as of January 1. because of concerns about a commonly used chlorine treatment, US government officials and a Russian news agency said on Thursday. Russia plans to proceed, over US objections, with a new law

Published 02 Jan, 2010 12:00am

Toyota's hybrid Prius faces US probe

Toyota is facing a potential safety issue with its highest profile vehicle, the Prius, the latest in a plague of quality problems that forced it to recall four million vehicles in 2009. A growing number of owners allege that the brakes on the third-genera

Published 02 Jan, 2010 12:00am

Washington DC sues AT&T over calling cards

The attorney general for Washington D.C. has filed a lawsuit against an AT&T Inc unit, seeking to recover consumers' unused balances on prepaid calling cards. The suit claims that AT&T should turn over unused balances on the calling cards of consumers who

Published 02 Jan, 2010 12:00am

Iceland postpones signing bank compensation deal

Iceland's President Olafur Ragnar Grimsson has held off from signing into law a compensation plan for mainly foreign savers in a failed Icelandic bank, according to reports Friday. The president met with cabinet members Thursday and said he wanted to hear

Published 02 Jan, 2010 12:00am

Sri Lanka dismisses EU trade move

Sri Lanka's president on Friday dismissed the European Union's suspension of preferential trade status to the island, saying his government would resist foreign "strategic interference". "We will not be held back by threatened economic sanctions or withdr

Published 02 Jan, 2010 12:00am

'Sri Lanka's economy to grow over six percent'

Sri Lanka's economy should grow by more than 6 percent in 2010 as the end of the island's long civil war boosts investor confidence, the central bank governor said on Friday. "This year will a year of consolidation and of growth. The take off points would

Published 02 Jan, 2010 12:00am

South Korean trade surplus jumps, China's factories boom

China's economic growth looks set to accelerate into the new year, with booming factories driving a December manufacturing survey to a 20-month high while South Korea's exports to the country surged on strong demand. The survey released on Friday also sho

Published 02 Jan, 2010 12:00am

GM India chief says China partnership start of Asia thrust

For GM India chief Karl Slym, the expansion of the US auto giant's 12-year alliance with its Chinese partner SAIC Motor to tap India's burgeoning vehicle market is win-win for both sides. The two companies announced in December a joint venture with an ini

Published 02 Jan, 2010 12:00am

POSCO gets forest land approval for $12 billion India plant

South Korean steelmaker POSCO has received final approval to acquire forest land needed for its long-delayed $12 billion India project, a company spokesman said on Friday. The steel maker needs about 4,000 acres (1,600 hectares) of land for its project in

Published 02 Jan, 2010 12:00am

Promotions in Navy notified

The Government of Pakistan has announced promotion of Rear Admiral Mohammad Asif Sandila SI (M) to the rank of Vice Admiral and Commodore Zafar Mahmood Abbasi SI(M) to the rank of Rear Admiral with immediate effect. Vice Admiral Mohammad Asif Sandila join

Published 02 Jan, 2010 12:00am

Exporters concerned over unannounced loadshedding

Exporters and manufacturers have expressed their deep concern over unscheduled electricity load shedding of 12-14 hours hindering the overall productivity resultantly export proceeds were delaying. These views were expressed during a meeting with Chief Ex

Published 02 Jan, 2010 12:00am

Government urged to allow free trade mechanism for yarn sector

Muhammad Jalaluddin Roomi, a former Punjab minister for industries and ex-president of Multan Chamber of Commerce, has said that the government should allow free trade mechanism for yarn to prevail as this is benefiting the industry with increased exports

Published 02 Jan, 2010 12:00am

UN agency distributes 35,000 tents to IDPs

The UN refugee agency says it has rushed assistance to hundreds of thousands of Pakistanis driven from their homes by an intense military assault against militants in South Waziristan since October, including around 35,000 tents and 54,000 aid kits.

Published 02 Jan, 2010 12:00am

National Assembly session summoned on January 11

The President of Pakistan has summoned the session of National Assembly on Monday, January 11, 2010 in the Parliament House. The President has summoned the NA Session in exercise of powers conferred by clause (1) of the Article 54 of the Constitution of I

Published 02 Jan, 2010 12:00am

HRSP body hails inquiry against Evacuee Board's chief

While welcoming inquiry against the Chairman Evacuee Property Trust Board, (EPTB) the Human Rights Society of Pakistan (HRSP) has offered its services in probing the Board's malpractices. HRSP Secretary General, A. M. Shakoori told newsmen here on Friday

Published 02 Jan, 2010 12:00am

PSPC completes number of projects well before time

The Pakistan Security Printing Corporation (PSPC) has completed a number of its projects well before time enabling the organisation to meet the increased demand of the security documents.

Published 02 Jan, 2010 12:00am

One-wheeling continues unchecked in Rawalpindi

The trend of one wheeling especially by teenaged motorcyclists on busy roads of the city continued unchecked, risking their life and public as well. The young motorcyclists most of the time without helmet, take to the roads near Committee Chowk, Nawaz Sha

Published 02 Jan, 2010 12:00am

'Textile industry suffered loss, yet produced beyond expectation'

Muhammad Aasim Shah, Chairman of All Pakistan Bedsheet & Upholstry Manufacturers Association (APBUMA), has said that the textile industry, particularly spinning ,weaving industry, suffered a loss in 2009 due to certain reasons but even then produced more

Published 02 Jan, 2010 12:00am

'PAL plans to hold Conference on Sufism'

Pakistan Academy of Letters (PAL) has planned to arrange three-day International Conference on Sufism from March 14. The official sources of the academy told APP that 80 delegates from around 40 countries are expected to participate in the conference. The

Published 02 Jan, 2010 12:00am

Partly Facetious: But independent thought is not popular

"So is there a Sindh card or not?"

Published 02 Jan, 2010 12:00am

US milk futures lower

US milk futures closed lower in the Chicago Mercantile Exchange pit trading on Thursday, the last day of 2009, as this week's drop cash cheese prices fuelled selling, traders said. Cheese prices were unchanged after trending lower following a USDA storage

Published 02 Jan, 2010 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 101,974 tonnes of cargo including 65,187 tonnes of import 36,787 tonnes of export cargo and 5,177 loaded and empty containers during last 24 hours ended at 0700 hours on Friday.

Published 02 Jan, 2010 12:00am

US Midwest corn and soya bids unchanged

Spot basis bids for corn and soyabeans were mostly unchanged around the US Midwest on Thursday as farmers and dealers broke for the New Year's holiday. Corn bids firmed by 10 cents per bushel on the Illinois River and by 3 cents in Council Bluffs, Iowa, w

Published 02 Jan, 2010 12:00am

FOB Gulf corn, soya and wheat offers flat

US corn and soyabean export premiums at the Gulf of Mexico were quietly unchanged on Thursday in subdued trade ahead of Friday's New Year's Day holiday when markets will be closed, traders said. Wheat export premiums were flat amid dull demand, with US wh

Published 02 Jan, 2010 12:00am

US Plains HRW wheat bids steady

Hard red winter wheat basis bids were steady in the US Plains on Thursday in slow trade ahead of the New Year's holiday on Friday when markets will be closed. Protein premiums for rail car supplies of HRW wheat through Kansas City were up a penny a bushel

Published 02 Jan, 2010 12:00am

US wheat futures down

US wheat futures on the Chicago Board of Trade fell 11.5 percent in 2009, their second straight annual decline, pressured by plentiful stocks around the globe and light demand for US supplies on the export market. The spot March wheat contract last traded

Published 02 Jan, 2010 12:00am

US bond prices fall

US Treasuries prices eased on Thursday in thin pre-holiday trade after lower-than-expected weekly jobless claims bolstered expectations of an economic recovery and undermined bonds' safe-haven appeal. The government said the number of workers filing new a

Published 02 Jan, 2010 12:00am

US bond prices fall

Published 02 Jan, 2010 12:00am

Canadian bonds fall

The US claims data on Thursday helped to send Canadian bond prices lower on Thursday across the board, following their US counterparts. The data prompted a rethink of next week's US nonfarm payrolls release, though it was tempered by revised data showing

Published 02 Jan, 2010 12:00am

Canadian bonds fall

Published 02 Jan, 2010 12:00am

Turkey proposes new rules to encourage more IPOs

Turkey's Capital Markets Board (SPK) has proposed new regulations on public offerings aimed at lowering companies' costs and encouraging more sales on the Istanbul bourse. The proposals include scrapping the minimum stake companies must float that current

Published 02 Jan, 2010 12:00am

US corporate bonds spread steady

US corporate bond spreads ended a stellar 2009 firmer as both stocks and US Treasury debt prices eased. "It feels good out there, everything is quiet but definitely firm," said one trader in New York. Company bonds have posted meteoric gains this year in

Published 02 Jan, 2010 12:00am

US corporate bonds spread steady

Published 02 Jan, 2010 12:00am

Toronto stocks up

Toronto's main stock index rose on Thursday as strength in financials outweighed weakness in mining and energy stocks and helped the index put in its best year since 1979. Bank shares were among the top index winners, helped by US economic data that showe

Published 02 Jan, 2010 12:00am

Wall Street closes out 2009 with best gains since 2003

US stocks ended 2009 on Thursday with their best gains since 2003, driven by optimism about the economy's recovery and a brighter outlook for profits. The benchmark Standard & Poor's 500 index rose 23.5 percent for the year, while the Dow climbed 18.8 per

Published 02 Jan, 2010 12:00am

Turkish lira gains on IMF reports

The Turkish lira firmed to 1.50 against the dollar on the interbank market after newspaper reports that the International Monetary Fund agreed to Turkey's conditions for a loan deal. The lira closed at 1.5125 on Wednesday. International Monetary Fund has

Published 02 Jan, 2010 12:00am

Taiwan dollar ends year at 15-month closing high

The Taiwan dollar rose to a 15-month closing high on Thursday, posting a 2.6 percent gain for 2009, as a result of strong foreign fund inflows even though Taiwan's central bank moved to slow the local currency's rise. The currency rose by T$0.208 to end a

Published 02 Jan, 2010 12:00am

Dollar at lowest level in foreign exchange reserves since 2002: IMF

The dollar's share in official foreign exchange reserves in 140 countries has fallen to its lowest level since euro cash was introduced in 2002, IMF data showed Wednesday. As of September 30, the dollar accounted for 61.6 percent of the reserves, compared

Published 02 Jan, 2010 12:00am

Canadian dollar ends higher

The Canadian dollar finished the year on a firm note against the US greenback on Thursday, supported by stronger oil prices in light trade, and market players predicted momentum for the currency in the new year. The Canadian dollar finished higher for a s

Published 02 Jan, 2010 12:00am

Indian rupee slips

The Indian rupee started 2010 on a weak note on the back of the dollar's rise versus major currencies, with trading muted on Friday as major markets were shut for the New Year. The partially convertible rupee was at 46.60/61 per dollar, weaker than 46.53/

Published 02 Jan, 2010 12:00am

Mexican peso firms

Mexican stocks on Thursday were set to close out their best year since 2006 as the country began to recover from a deep recession, while the peso clocked a year of only modest gains, hobbled by a debt downgrade. The IPC stock index advanced 45 percent thi

Published 02 Jan, 2010 12:00am

Russian rouble slides

The Russian rouble lost 50 kopecks against a basket of currencies on Tuesday after Prime Minister Vladimir Putin pledged to increase efforts to curb inflows of speculative capital. The rouble closed at 36.06 against a dollar-euro basket the central bank u

Published 02 Jan, 2010 12:00am

Dollar firms on yen

The US dollar held near 16-week highs on a broadly soft Japanese yen on Thursday, but still looked to end a volatile year with a modest loss against a basket of major currencies Trade was extremely light with Tokyo on holiday and many banks on skeleton st

Published 02 Jan, 2010 12:00am

Kenyan shilling steady

Kenya's shilling held steady against the dollar in slow trade on Thursday and traders said they expected it to ease next week due to some demand for the US currency from the energy sector. The commercial banks quoted the local unit at 75.85/95 per dollar,

Published 02 Jan, 2010 12:00am

Greenback loses lustre in turbulent decade

The US dollar lost much of its lustre over the past decade as its status as a global reserve currency was challenged and its value against most key currencies saw erosion. On the foreign exchange market, the euro was virtually on parity with the dollar at

Published 02 Jan, 2010 12:00am

Dollar rises versus yen

The dollar rose to its highest level in more than three months against the yen on Thursday in holiday-thinned trading after data showed US jobless claims fell to their lowest since mid-2008, affirming optimism about the economy. The dollar also benefited

Published 02 Jan, 2010 12:00am

FA Cup out to prove its worth again

How much the FA Cup still matters is a much discussed topic of conversation among English football fans. It is a subject brought into even sharper focus at this time of year when the world's oldest senior knockout football tournament reaches the third rou

Published 02 Jan, 2010 12:00am

Everton suspend Jo after Brazil jaunt

English Premier League club Everton said Friday they have suspended Brazilian striker Jo for a breach of club discipline after he made a trip back to his homeland without permission. Jo joined the struggling Toffees on a season-long loan deal from Manches

Published 02 Jan, 2010 12:00am

Jerome Taylor freed after arrest for assault

West Indies fast bowler Jerome Taylor escaped starting the New Year in police lock-up after he was arrested, charged and released over an incident at a bar. Taylor, who had to return home early from the West Indies' recent three-Test tour of Australia wit

Published 02 Jan, 2010 12:00am

Osaka beat Nagoya 4-1 to win Emperor's Cup

Japan international midfielder Yasuhito Endo scored twice and set up another to lead defending champions Gamba Osaka to a 4-1 victory over Nagoya Grampus in the Emperor's Cup final on Friday. Osaka have now won the knock-out tournament three times. Brazil

Published 02 Jan, 2010 12:00am

PFF unfolds 'Football Calendar 2010'

The men's Pakistan Football Federation (PFF) Cup, National Futsal Championship and National School Football Championship will be launched in 2010, as PFF announced 'Football Activity Calendar 2010.' The PFF Congress in its meeting held at Lahore accorded

Published 02 Jan, 2010 12:00am

Tsonga out of Doha event

French world number 10 Jo-Wilfried Tsonga has pulled out of the season-opening ATP event in Doha starting Monday with a wrist injury, organisers said Friday. "I am really disappointed not to be able to participate in this tournament owing to a wrist injur

Published 02 Jan, 2010 12:00am

RBS Pentangular Cup starts

The first round of RBS Pentangular Cup (first-class cricket tournament) 2009-10 will commence from Saturday (January 02) at Karachi. In the first round, two matches will be played. In the first clash, Karachi (Blues) will face Sialkot Region at National S

Published 02 Jan, 2010 12:00am

PCB announces results of cricket bodies

Pakistan Cricket Board (PCB) on Friday announced the results of elections of the District Cricket Associations Nowshera and Swat. The elections of District Cricket Association (DCA) Nowshera were held on 30th December 2009, while the election of District

Published 02 Jan, 2010 12:00am

Prime Minister approves fund for football stadium at Peshawar

Prime Minister Syed Yousuf Raza Gilani on Friday approved Rs 30 million for the construction of football stadium at Peshawar. The Prime Minister accorded the approval in a meeting here at the PM House with Minister of Health NWFP and Senior Vice President

Published 02 Jan, 2010 12:00am

Under-pressure South Africa set to change

South Africa are set to make at least one change in their team as they go into a crucial third Test against England, starting on Sunday. "We're all under pressure," admitted South African coach Mickey Arthur, who said 'tough decisions' would have to be ma

Published 02 Jan, 2010 12:00am

Kenya minibus strike threat causes holiday chaos for thousands

Kenya's transportation system was in chaos on Friday as thousands of travellers during the holiday season attempted to hit the roads before an imminent matatu (minibus) strike. The matatus for a majority of Kenyans are the only form of public transportati

Published 02 Jan, 2010 12:00am

Yemeni forces clash with Shia rebels, kill 11

Yemeni forces clashed with Shia rebels, killing 11 in a country where Washington and Riyadh fear al Qaeda may be gaining a stronger foothold, and Yemen's president reiterated a call to rebels to end the violence. "Eleven terrorists were killed and others

Published 02 Jan, 2010 12:00am

Turkey wants the remains of Santa Claus

Turkey will ask for the return of the bones of Saint Nicholas, who Father Christmas is modelled on, from their display in Italy, local media reported on Friday. Saint Nicholas, from the modern-day town of Demre on southern Turkey's Mediterranean coast, is

Published 02 Jan, 2010 12:00am

Myanmar court charges US citizen

A special court Friday formally charged a Myanmar-born American, initially accused of attempting to foment rebellion against the country's military rulers, for forgery and violation of the foreign currency act, his lawyer said. In another court case, the

Published 02 Jan, 2010 12:00am

Britain to introduce airport body scanners

Britain will speed up the planned introduction of full body scanners at airports following the attempted bombing on Christmas Day of a US passenger plane over Detroit, Prime Minister Gordon Brown pledged Friday.In an article published on the Downing Stree

Published 02 Jan, 2010 12:00am

India to issue visas on arrival for five countries

India will issue visas on arrival to tourists from five countries starting Friday, according to a foreign ministry statement, just days after a plan to tighten some visa rules drew protests. The visas, for tourists from Finland, Japan, Luxembourg, New Zea

Published 02 Jan, 2010 12:00am

Cold weather kills 17 people in India

At least 17 people died as towns and cities in India's northern states were hit by cold weather, officials said Friday. "Sixteen people have died in Uttar Pradesh since early Wednesday due to cold [weather] conditions in the state. Most victims were homel

Published 02 Jan, 2010 12:00am

Iraqi civilian death toll down to 4,500 in 2009

The number of Iraqi civilians killed in violence fell by half in 2009 to about 4,500 but improvements in security have slowed and large-scale attacks took a major toll last year, a study has found. Human rights group Iraq Body Count (IBC) put the 2009 civ

Published 02 Jan, 2010 12:00am

North Korea wants end to hostile US ties

North Korea called for an end to hostile ties with the United States and an atomic-free peninsula in a New Year message that comes weeks after it indicated it could end its year-long boycott of nuclear disarmament talks. North Korea has made similar pledg

Published 02 Jan, 2010 12:00am

US transforms Iraq command

Top US General David Petraeus hailed progress in Iraq at a ceremony on Friday to rename the military command of US forces here, the only troops still deployed in the country. Multi-National Forces-Iraq (MNF-I), the name of the command of the coalition tha

Published 02 Jan, 2010 12:00am

Kazakhstan takes over OSCE chair despite criticism

Kazakhstan on Friday became the first former Soviet republic to hold the chairmanship of the Organisation for Security and Co-operation in Europe (OSCE), even as sceptics questioned its fitness to head a group dedicated to democracy and human rights.

Published 02 Jan, 2010 12:00am

Five dead, hundreds hurt in Philippines

At least five people were killed and about 600 others were injured in traditional riotous New Year's Eve revelry involving fireworks and guns across the Philippines, officials said Friday. A five-year-old boy and his mother were killed after being trapped

Published 02 Jan, 2010 12:00am

New Year's Eve road accidents claim 77 lives in Thailand

Road accidents - almost half of them blamed on drunk driving - claimed 77 lives in Thailand on New Year's Eve, a government official said Friday. A total of 709 road accidents were reported on New Year's Eve, killing 77 people and injuring another 763 oth

Published 02 Jan, 2010 12:00am

Thousands march in Hong Kong

Thousands of Hong Kong democracy campaigners took to the streets on the first day of the new year Friday to call for universal suffrage and the release of jailed Chinese dissident Liu Xiaobo. Chanting slogans and holding placards, protesters marched throu

Published 02 Jan, 2010 12:00am

Tight security, calls for peace as world welcomes 2010

Pope Benedict XVI issued a New Year's Day call for tolerance after massive celebrations world-wide ushered in a fresh decade under heavy security and amid warnings of more extremist plots. The pope's comments came after New Yorkers partied while being pro

Published 02 Jan, 2010 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 7	278
USD PKR Interbank Buying / Nov 7	277.85
USD to Japanese Yen / Nov 7	154.11
USD to Swiss Franc / Nov 7	0.88
Pound Sterling to USD / Nov 7	1.29
Euro to USD / Nov 7	1.07

Stock	Volume
S&P 500 / Nov 6	5,929.04
Nasdaq / Nov 6	18,983.46
Dow Jones / Nov 6	43,729.93
India Sensex / Nov 7	79,507.26
Tokyo Nikkei / Nov 7	39,366.94
Hang Seng / Nov 7	20,858.18
FTSE 100 / Nov 7	8,192.50
Germany DAX 30 / Nov 7	19,253.31

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Crude Oil USD/Barrel / Nov 7	72.04
Gold 10 Grams PKR / Nov 7	237,311
Gold Spot USD/Ounce / Nov 7	2,657.92
Cotton US¢/pound / Nov 7	70.32
Petrol/Litre / Nov 8	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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