AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)
Nov 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-01-25
US drone crashes

US drone crashes

A suspected US drone crashed in tribal area near the Afghan border Sunday, a rare mishap for a programme Washington has increasingly relied on to kill Taliban and al Qaida militants, said intelligence officials and a local resident.
Published 25 Jan, 2010 12:00am
US drone crashes

US drone crashes

A suspected US drone crashed in tribal area near the Afghan border Sunday, a rare mishap for a programme Washington has increasingly relied on to kill Taliban and al Qaida militants, said intelligence officials and a local resident.
Published 25 Jan, 2010 12:00am
The Weather

The Weather

The weather report on Sunday (January 24, 2010) and the forecast for Monday (January 15, 2010).

Published 25 Jan, 2010 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 18 to 23, 2010).

Published 25 Jan, 2010 12:00am
Hundreds protest against police brutality in Russia

Hundreds protest against police brutality in Russia

Hundreds of protesters took to the streets of the Russian city of Tomsk Sunday, four days after a journalist died in detention there after allegedly being beaten by a policeman, the Interfax news agency reported.The 47-year-old reporter had been placed in
Published 25 Jan, 2010 12:00am
Millions of Muslims gather for prayer in Bangladesh

Millions of Muslims gather for prayer in Bangladesh

At least four million Muslims attended prayers on Sunday near the Bangladeshi capital of Dhaka at the climax of the largest annual Islamic event after the hajj, police said. The three-day Bishwa Ijtema, or World Muslim Congregation, concluded after an Ind
Published 25 Jan, 2010 12:00am
Japanese residents elect mayor opposing US base

Japanese residents elect mayor opposing US base

Japanese voters in a city on Okinawa island elected a mayor Sunday who opposes plans for a controversial new US air base, reports said, complicating a row with Washington over relocating troops.
Published 25 Jan, 2010 12:00am
China paper slams US for cyber role in Iran unrest

China paper slams US for cyber role in Iran unrest

China's Communist Party mouthpiece on Sunday accused the United States of mounting a cyber army and a "hacker brigade", and of exploiting social media like Twitter or Youtube to foment unrest in Iran.
Published 25 Jan, 2010 12:00am
Climate talks bigger threat to Saudi than oil rivals

Climate talks bigger threat to Saudi than oil rivals

United Nations climate talks are a bigger threat to top oil exporter Saudi Arabia than increased oil supplies from rival producers, its lead climate negotiator said on Sunday. Saudi Arabia's economy depends on oil exports so stands to be one of the bigges
Published 25 Jan, 2010 12:00am
India and South Korea to discuss nuclear cooperation, business ties

India and South Korea to discuss nuclear cooperation, business ties

India and South Korea are keen to work together in the area of nuclear power and the issue is likely to figure in discussions during South Korean President Lee Myung Bak's visit beginning Sunday, officials said.Lee, accompanied by a large delegation of mi
Published 25 Jan, 2010 12:00am
Plane catches fire in Iran, injures at least 40

Plane catches fire in Iran, injures at least 40

At least 40 Iranians were injured when a Russian-made Tupolev aircraft caught fire as it landed in north-eastern Iran on Sunday, state radio said. "About 42 passengers, out of 157 aboard, were injured when the plane was landing at Mashhad city's airport,"
Published 25 Jan, 2010 12:00am
Pope gunman wants to write new Bible in Croatia: report

Pope gunman wants to write new Bible in Croatia: report

The Turkish man who attempted to kill pope John Paul II in 1981 has said he wants political asylum in staunchly Catholic Croatia, where he plans to write a new Bible, a local daily reported on Sunday. "If Croatia gives me political asylum, I would be glad
Published 25 Jan, 2010 12:00am
Mubarak defends Egypt's Gaza border fortifications

Mubarak defends Egypt's Gaza border fortifications

Egypt's President Hosny Mubarak on Sunday defended his governments steps to increase security along the border with the Gaza Strip that have drawn criticism."Fortifications along our eastern border are a work of Egyptian sovereignty, and we refuse to ente
Published 25 Jan, 2010 12:00am
London draft sees 2011 start to Afghan handover

London draft sees 2011 start to Afghan handover

Afghan forces should begin to take "security primacy" in some provinces by early 2011, according to a draft communique on the future of Afghanistan due to be unveiled at an international conference in London this week.
Published 25 Jan, 2010 12:00am
HRW slams acquittal of UAE leader's brother in torture case

HRW slams acquittal of UAE leader's brother in torture case

Human Rights Watch on Sunday slammed a United Arab Emirates court decision to acquit the brother of the UAE president of torture, saying the Gulf state's reputation had been "sullied." A report by the New York-based watchdog also renewed criticism of the
Published 25 Jan, 2010 12:00am
Afghan president heads for Turkey, Germany

Afghan president heads for Turkey, Germany

Afghan President Hamid Karzai left for Turkey and Germany on Sunday, ahead of an international conference in London on finding ways to help his country, his office said. The US-backed leader will meet Turkish politicians and his Pakistani counterpart Asif
Published 25 Jan, 2010 12:00am
Navy overtakes pirates to help North Korea ship

Navy overtakes pirates to help North Korea ship

The US Navy says it overtook a suspected Somali pirate skiff that tried to attack a commercial ship in the Gulf of Aden. A Navy statement issued Sunday says a security team aboard the merchant vessel Napht Al Yemen 1 repelled the January 20 pirate attack
Published 25 Jan, 2010 12:00am
UN panel re-examines Himalayan glacier thaw report

UN panel re-examines Himalayan glacier thaw report

The UN panel of climate scientists said on January 19 it was reviewing a report containing a litle-known projection that Himalayan glaciers might vanish by 2035, a finding trenchantly criticised by the Indian government. The 2007 UN panel report says glob
Published 25 Jan, 2010 12:00am
Deadly brain cancer not a single disease: study

Deadly brain cancer not a single disease: study

The most common form of brain cancer in adults, glioblastoma multiforme, probably is a set of diseases, rather than a single disease, US researchers said on January 19. The team identified four distinct subtypes of the brain tumours, each with unique mole
Published 25 Jan, 2010 12:00am
Brain training does little for mental fitness

Brain training does little for mental fitness

Brain training can improve the function of the brain. But there is no scientific evidence that it improves the overall performance of the brain, especially in older people, according to Germany's Institute for Quality and Efficiency in Health Care (IQWIG)
Published 25 Jan, 2010 12:00am
Music can help treat anxiety, depression

Music can help treat anxiety, depression

Music can work like medicine in the treatment of common ailments, according to Professor Hans-Joachim Trappe of the university clinic Marienhospital in Herne, Germany. Classical music is the most effective, having beneficial effects on anxiety, depression
Published 25 Jan, 2010 12:00am
Experts identify key triggers in malaria vaccine hunt

Experts identify key triggers in malaria vaccine hunt

Scientists have identified two surface molecules in the malaria parasite that could lead to developing a vaccine against the disease that kills at least one million people each year, a medical journal said on January 20. The molecules, or antigens, appear
Published 25 Jan, 2010 12:00am
Fish oil protects against cellular aging

Fish oil protects against cellular aging

A diet rich in omega-3 fatty acids helps keep the DNA of heart patients from unravelling, which may help explain why fish oil is so beneficial after a heart attack, US researchers said.
Published 25 Jan, 2010 12:00am
German scientists develop fast-acting germ killer

German scientists develop fast-acting germ killer

A new fast-acting disinfectant that is effective against bacteria, viruses and other germs could help stop the spread of deadly infections in hospitals, German scientists said on January 20. Researchers from the Robert Koch Institute in Berlin said they h
Published 25 Jan, 2010 12:00am
Asia Pacific computer sales to grow this year

Asia Pacific computer sales to grow this year

Sales of personal computers in the Asia Pacific, excluding Japan, should grow 16 percent this year after a strong rebound in the fourth quarter of 2009, IDC industry monitor said on January 19. IDC said in a statement PC sales rose 32 percent in the three
Published 25 Jan, 2010 12:00am
NTT DoCoMo to launch Xperia smart phone in April

NTT DoCoMo to launch Xperia smart phone in April

Japan's top mobile phone operator NTT DoCoMo Inc on January 21 said it will launch Sony Ericsson's Xperia smart phone in April, in a direct challenge to heavyweight Apple's iPhone handsets. With the touchscreen Xperia, a model that the Japanese-Swedish en
Published 25 Jan, 2010 12:00am
ICANN approves Internet addresses in Arabic, Cyrillic script

ICANN approves Internet addresses in Arabic, Cyrillic script

The global agency overseeing Internet domain names said on January 21 that Egypt, Russia, Saudi Arabia, and the United Arab Emirates can begin creating online addresses in their native languages. The Internet Corporation for Assigned Names and Numbers (IC
Published 25 Jan, 2010 12:00am
iPhone-like applications soon on Amazon Kindle

iPhone-like applications soon on Amazon Kindle

Amazon.com will soon have games and other iPhone-like applications available for its Kindle electronic reader, a move that comes as Apple Inc is expected to launch a tablet computer that could be a challenger in the e-reader market. Amazon announced on Ja
Published 25 Jan, 2010 12:00am
Tablet computer market to boom: Deloitte

Tablet computer market to boom: Deloitte

Industry tracker Deloitte predicts the tablet computer market will boom this year with tens of millions of people deciding the notepad-sized devices are "just right" for their needs. "This Goldilocks of devices - not too big, not too small - is expected t
Published 25 Jan, 2010 12:00am
Nokia to offer free maps to smartphone users

Nokia to offer free maps to smartphone users

Nokia, the world's top mobile phone maker, will offer free maps and navigation services for its smartphone users, it said on January 21 in a move that puts pressure on players in the GPS industry.
Published 25 Jan, 2010 12:00am
Microsoft to cut time holds Internet search data

Microsoft to cut time holds Internet search data

Software giant Microsoft said on January 19 it would slash by two thirds the time it holds Internet users' personal data gathered from search queries. The US giant, behind the Bing search engine, called on market leader Google to do likewise during a Brus
Published 25 Jan, 2010 12:00am
Microsoft issues emergency 'Google attack' patch

Microsoft issues emergency 'Google attack' patch

Microsoft Corp on January 21 released a patch to protect users of its Internet Explorer browser from attacks similar to those directed at Google Inc's operations in China last week.
Published 25 Jan, 2010 12:00am
Searching words to trigger spam filters

Searching words to trigger spam filters

Spam filters sometimes erroneously flag a legitimate message and route it directly into a spam folder or delete it altogether. To prevent this from happening, recognise that spam filters look for certain words in e-mail messages.
Published 25 Jan, 2010 12:00am
Security Essentials tops anti-spywares

Security Essentials tops anti-spywares

There are now many competent free anti-virus and anti-spyware packages. Microsoft's Security Essentials tops the list because of its low resource usage and respectable detection capabilities. For anti-spyware, you have plenty of free options as well, incl
Published 25 Jan, 2010 12:00am
US astronaut sends 1st 'tweet' from space

US astronaut sends 1st 'tweet' from space

An American astronaut sent the first "tweet" from space on January 22 after getting a personal Web connection on the International Space Station. Timothy "TJ" Creamer, a NASA flight engineer, sent the Twitter message from his @Astro_TJ account.
Published 25 Jan, 2010 12:00am
Apple may replace Google with Bing on iPhone

Apple may replace Google with Bing on iPhone

Apple is in talks with Microsoft to make Bing the default search engine on the iPhone instead of Google, BusinessWeek magazine reported on January 20. BusinessWeek, citing two people familiar with the matter, said the talks have been under way for weeks a
Published 25 Jan, 2010 12:00am
Honda to build new factory in China

Honda to build new factory in China

Japanese auto giant Honda Motor said on January 20 that it would build a new factory in China to meet brisk demand in the fast-growing Asian nation. Dongfeng Honda Automobile, the Japanese company's joint venture, will build a second factory in Wuhan, Hub
Published 25 Jan, 2010 12:00am
Boeing to invest $100 million in India maintenance unit

Boeing to invest $100 million in India maintenance unit

US aircraft manufacturer Boeing Co will supply India's national airline, Air India, with its first 787 Dreamliner in 2011, and invest $100 million in building a unit to maintain it, its India chief said on January 18.
Published 25 Jan, 2010 12:00am
Bahrain sovereign fund to focus on transparency

Bahrain sovereign fund to focus on transparency

Bahrain's sovereign wealth fund Mumtalakat is focussing on further improving its corporate governance before getting a credit rating and is relaxed about a parliamentary probe, its chief executive said on January 21.
Published 25 Jan, 2010 12:00am
Bahrain sovereign fund to focus on transparency

Bahrain sovereign fund to focus on transparency

Bahrain's sovereign wealth fund Mumtalakat is focussing on further improving its corporate governance before getting a credit rating and is relaxed about a parliamentary probe, its chief executive said on January 21.
Published 25 Jan, 2010 12:00am
Telenor plans nationwide service in India

Telenor plans nationwide service in India

Norwegian telecoms group Telenor said on January 18 it planned to expand its operations in India to offer nationwide services this year, which will mean its investments in Asia will be higher than last year.
Published 25 Jan, 2010 12:00am
Gazprom eyes gas deliveries to China in 2015

Gazprom eyes gas deliveries to China in 2015

Gazprom plans to deliver gas to energy-hungry China from 2015, Deputy Chief Executive Alexander Medvedev said, as the company opens one of the world's largest economies for Russian supplies of the fuel. "We should finalise commercial contracts in the midd
Published 25 Jan, 2010 12:00am
Morgan Stanley sees Korea M&A deals rising in 2010

Morgan Stanley sees Korea M&A deals rising in 2010

US investment bank Morgan Stanley expects South Korean companies, cashed up, confident and armed with a strong won, to step up acquisitions at home and offshore this year as they look for new ways to grow.
Published 25 Jan, 2010 12:00am
Indian jewellers find good market in Europe

Indian jewellers find good market in Europe

Indian exporters are finding a good market in Europe for mid-priced jewellery as European producers struggle with high costs, Shishir Nevatia of India's Gem and Jewellery Export Promotion Council said.
Published 25 Jan, 2010 12:00am
Rolls-Royce aims to triple Asia sales in 2010

Rolls-Royce aims to triple Asia sales in 2010

Luxury automaker Rolls-Royce is defying the gloomy economic mood, forecasting Asian sales to triple to 450 vehicles this year and opening a new dealership in Malaysia. The firm said it is expecting strong interest in its new lower-cost Ghost model, a snip
Published 25 Jan, 2010 12:00am
Nadal sets up Murray blockbuster as Safina pulls out

Nadal sets up Murray blockbuster as Safina pulls out

Rafael Nadal set up a blockbuster Australian Open quarter-final with Andy Murray on Sunday and Justine Henin's comeback stayed on track, but there was misery for Dinara Safina who pulled out injured.
Published 25 Jan, 2010 12:00am
Lee wins 6th Malaysian Open title

Lee wins 6th Malaysian Open title

The badminton world's top seed Lee Chong Wei again proved why the Malaysia Open championships is his favourite hunting ground after securing his sixth men's singles crown in brilliant style Sunday.
Published 25 Jan, 2010 12:00am
Barca beat Valladolid, go eight points clear

Barca beat Valladolid, go eight points clear

Barcelona crushed Real Valladolid 3-0 away to move eight points clear at the top of La Liga on Saturday, reaching the mid-point of the season unbeaten for the first time. Xavi, Daniel Alves and Lionel Messi scored to round off a positive week for the cham
Published 25 Jan, 2010 12:00am
Pacemen put India on top despite Mahmudullah's 96

Pacemen put India on top despite Mahmudullah's 96

Mohammad Mahmudullah cracked an unbeaten 96 under pressure but failed to stop India from gaining an upper hand in the second and final Test against Bangladesh here on Sunday. Bangladesh were wobbling at 51-5 before posting 233 in their first innings, than
Published 25 Jan, 2010 12:00am
United go top after four-goal Rooney sinks Hull

United go top after four-goal Rooney sinks Hull

Champions Manchester United went top of the Premier League for the first time since October after a four-goal blitz by Wayne Rooney earned a 4-0 home victory over Hull City on Saturday. United moved above Chelsea and Arsenal, who are in FA Cup fourth-roun
Published 25 Jan, 2010 12:00am
South Africa offers to host Pakistan series

South Africa offers to host Pakistan series

South Africa have offered to host Pakistan for a full test series at the end of the year because of concerns over the security situation in the South Asian country. South Africa are scheduled to visit Pakistan in October for a three-test series and five o
Published 25 Jan, 2010 12:00am
Bond issue cost Manchester United £54 million

Bond issue cost Manchester United £54 million

Manchester United's controversial bond issue has cost the Premier League champions 54 million pounds ($87.06 million), reported The Sunday Times. As part of the 500 million pounds in funds raised by United last week, the club had to pay 15 million pounds
Published 25 Jan, 2010 12:00am
FIFA mulling goalline technology

FIFA mulling goalline technology

FIFA could introduce video cameras on goallines if the system is guaranteed to work effectively, but not in time for the 2010 World Cup, president Sepp Blatter was quoted on Sunday as saying.
Published 25 Jan, 2010 12:00am
Sri Lanka, Australia to compete in U-19 semi-final

Sri Lanka, Australia to compete in U-19 semi-final

An aggressive 79 from rising Sri Lankan star Banuka Rajapaksa carried his side to an overwhelming 146-run victory over South Africa in their ICC Under-19 Cricket World CCup quarter-final here Sunday Sri Lanka now play Australia in the second semi-final on
Published 25 Jan, 2010 12:00am
Kaymer wins Abu Dhabi Golf Championship

Kaymer wins Abu Dhabi Golf Championship

Germany's Martin Kaymer won the 1.5 million euro Abu Dhabi Golf Championship for the second time in three years Sunday when he prevailed over Ian Poulter by one shot. Kaymer, who started the day one ahead of Poulter and Rory McIlroy, shot a six-under par
Published 25 Jan, 2010 12:00am
Arsenal dumped out of FA Cup by Stoke

Arsenal dumped out of FA Cup by Stoke

Arsenal joined Manchester United and Liverpool on the FA Cup scrapheap on Sunday when Ricardo Fuller's double helped Stoke City to a 3-1 fourth round victory at the Britannia Stadium. Fuller's opening goal in the second minute was trademark Stoke, the str
Published 25 Jan, 2010 12:00am
Dominant Australia crush Pakistan to take 2-0 lead

Dominant Australia crush Pakistan to take 2-0 lead

Australia produced a commanding all-round performance to take a 2-0 lead with a 140-run demolition of Pakistan at the SCG. After being led by Shane Watson and Cameron White in their 6 for 267, the hosts delivered a stinging bowling display to knock over t
Published 25 Jan, 2010 12:00am
Bahrain plans $1 billion conventional bond issue

Bahrain plans $1 billion conventional bond issue

Bahrain plans to issue a $1 billion sovereign bond with a 10-year maturity, the central bank said on Sunday, with a banking source saying the issue will mostly target US investors. "The Bahrain government is issuing around $1 billion in conventional bonds
Published 25 Jan, 2010 12:00am
Bahrain plans $1 billion conventional bond issue

Bahrain plans $1 billion conventional bond issue

Bahrain plans to issue a $1 billion sovereign bond with a 10-year maturity, the central bank said on Sunday, with a banking source saying the issue will mostly target US investors. "The Bahrain government is issuing around $1 billion in conventional bonds
Published 25 Jan, 2010 12:00am
Britain to exit recession, but faces bleak recovery: economists

Britain to exit recession, but faces bleak recovery: economists

An end to Britain's longest recession on record will likely be confirmed this week but recovery for the debt-ridden nation - facing an election this year - will be far from smooth, economists warned. The Office for National Statistics will on Tuesday publ
Published 25 Jan, 2010 12:00am
Abu Dhabi's Emirates Steel to refinance $1.5 billion expansion

Abu Dhabi's Emirates Steel to refinance $1.5 billion expansion

Abu Dhabi's Emirates Steel Industries (ESI) will approach banks in March to refinance $1.5 billion used for the first and second phase of its plant expansion, the company's chief financial officer said on Sunday. Last year the company had announced the co
Published 25 Jan, 2010 12:00am
Barclays Capital head slates Obama bank plan: media

Barclays Capital head slates Obama bank plan: media

The chairman of investment bank Barclays Capital, Hans-Joerg Rudloff, has criticised President Barack Obama's plans to rein in US banks as "populist" in a newspaper interview published on Sunday. Rudloff acknowledged in the Swiss newspaper "Sonntag" that
Published 25 Jan, 2010 12:00am
Dubai Holding pays about $100 million in bond payments

Dubai Holding pays about $100 million in bond payments

A Dubai Holding unit, which belongs to the ruler of the emirate, said on Sunday it had made about $100 million worth of scheduled distribution payments on three bonds due over the next five years.
Published 25 Jan, 2010 12:00am
Dubai Holding pays about $100 million in bond payments

Dubai Holding pays about $100 million in bond payments

A Dubai Holding unit, which belongs to the ruler of the emirate, said on Sunday it had made about $100 million worth of scheduled distribution payments on three bonds due over the next five years.
Published 25 Jan, 2010 12:00am
Ahmadinejad presents national budget

Ahmadinejad presents national budget

Iranian President Mahmoud Ahmadinejad said on Sunday that the national budget for 2010/11 would be less dependent on oil revenues, a move aimed at making the Islamic state less vulnerable to any Western sanctions. "We have paid special attention to reduci
Published 25 Jan, 2010 12:00am
China now world's second largest diamond market

China now world's second largest diamond market

China last year overtook Japan to become the world's second largest diamond market behind the United States with trade on the Shanghai diamond exchange rising 16.4 percent to more than $1.5 billion, state media said.
Published 25 Jan, 2010 12:00am
Dubai Properties to spend $1.1 billion annually: report

Dubai Properties to spend $1.1 billion annually: report

State-owned Dubai Properties, a unit of Dubai Holding, plans to spend up to 4 billion dirhams ($1.09 billion) annually in the next three years on its future plans, an Arabic-language daily said on Sunday. Citing the company's chief executive Khalid al-Mal
Published 25 Jan, 2010 12:00am
ANC push for South Africa to own central bank

ANC push for South Africa to own central bank

Top officials in South Africa's ruling ANC are pushing for the state to take over ownership of the country's central bank, one of the few in the world to still be owned by private shareholders, newspapers reported on Sunday.
Published 25 Jan, 2010 12:00am
Argentina central bank chief vows to stay on

Argentina central bank chief vows to stay on

The embattled head of Argentina's Central Bank said on Sunday he would stay in his job despite a new legal ruling that the government said meant he had to leave.
Published 25 Jan, 2010 12:00am
US asked to drag China to WTO over Google dispute

US asked to drag China to WTO over Google dispute

Some groups are calling on the United States to challenge China's "firewall" before the World Trade Organisation, as a bilateral row over cyberattacks on Google adds to trade tensions.
Published 25 Jan, 2010 12:00am
Kuwaiti Islamic bank starts rights issue

Kuwaiti Islamic bank starts rights issue

Kuwaiti Islamic lender Boubyan Bank on Sunday started a major rights issue aimed at raising its capital by 50 percent, the bank said. In a statement on the Kuwait Stock Exchange website, the bank said the share price in the rights issue will be at a nomin
Published 25 Jan, 2010 12:00am
China and Taiwan to begin trade talks on January 26

China and Taiwan to begin trade talks on January 26

China and Taiwan will begin negotiations on a proposed trade pact in Beijing on Tuesday, paving the way for closer economic ties between the two sides that were once on the brink of war.
Published 25 Jan, 2010 12:00am
White House confident Bernanke to be confirmed

White House confident Bernanke to be confirmed

White House senior advisers voiced confidence on Sunday that Federal Reserve Chairman Ben Bernanke would be confirmed by the Senate for a second term. "The president is very confident that the chairman will be confirmed," David Axelrod said on CNN's "Stat
Published 25 Jan, 2010 12:00am
European bank shares drop after Obama's US blast

European bank shares drop after Obama's US blast

European banking shares dropped sharply on Friday over tough words and proposals from US President Barack Obama to crimp and curb US banks. Analysts warned of volatility as they tried to evaluate the effects of Obama's measures to restrict the scope and r
Published 25 Jan, 2010 12:00am
Debt worries erode euro

Debt worries erode euro

The crippling debt and shaky financial credibility undermining Greece and some of its partners on financial markets threaten the cohesion of the eurozone and the euro as well, analysts warn.
Published 25 Jan, 2010 12:00am
Zain Saudi leads kingdom's index lower

Zain Saudi leads kingdom's index lower

All but one Saudi-listed firm fell in early trading on Saturday after Zain Saudi Arabia announced it had missed some commitments linked to 2.5 billion dollar Muarabaha. The all-share index is down 1.8 percent at 6,271 points led mainly by petrochemical an
Published 25 Jan, 2010 12:00am
Sri Lanka shares up on local buying ahead of polls

Sri Lanka shares up on local buying ahead of polls

Sri Lankan shares gained 0.34 percent on Friday led by local buying with volatility ahead of a presidential poll next week, dealers said. The All-Share Price Index of the Colombo Stock Exchange closed 12.02 points firmer at 3,531.73 points. It hit a recor
Published 25 Jan, 2010 12:00am
Tokyo shares likely to remain sluggish

Tokyo shares likely to remain sluggish

Japanese shares are likely to remain under pressure next week as investors wait for details of US President Barack Obama's plan to limit the size and scope of US banks, dealers said on Friday. "The plan on financial regulation will continue to weigh on th
Published 25 Jan, 2010 12:00am
Google co-founders to each sell five million shares

Google co-founders to each sell five million shares

Google founders Larry Page and Sergey Brin each plan to sell five million shares in the Internet giant, a move that would reduce their joint holdings to below 50 percent, according to a filing on Friday with the US Securities and Exchange Commission (SEC)
Published 25 Jan, 2010 12:00am
UK stock market awaits key recession data

UK stock market awaits key recession data

Official data due on Tuesday and expected to show Britain's recession at an end will dominate the attention of London stock market traders, along with further developments on the wider economy. London's benchmark FTSE 100 index ended the week on Friday at
Published 25 Jan, 2010 12:00am
Kenya's NSE rebounding on global recovery: chief executive

Kenya's NSE rebounding on global recovery: chief executive

Kenyan stocks are gaining this year thanks to the emerging global recovery, and if the rally is sustained in the months ahead it could spur new listings, the CEO of the Nairobi Stock Exchange (NSE) said on Friday.
Published 25 Jan, 2010 12:00am
JGBs up on short-covering as stocks fall, yen rises

JGBs up on short-covering as stocks fall, yen rises

Lead 10-year Japanese government bond futures rose on Friday on a flurry of short-covering, as share prices slid and the yen surged on jitters over US proposals to limit financial risk-taking. The lead March JGB futures contract touched a three-week high,
Published 25 Jan, 2010 12:00am
JGBs up on short-covering as stocks fall, yen rises

JGBs up on short-covering as stocks fall, yen rises

Lead 10-year Japanese government bond futures rose on Friday on a flurry of short-covering, as share prices slid and the yen surged on jitters over US proposals to limit financial risk-taking. The lead March JGB futures contract touched a three-week high,
Published 25 Jan, 2010 12:00am
US bank plan bruises foreign shares

US bank plan bruises foreign shares

Overseas shares traded in the United States fell on Friday, pulled lower by financial stocks as a US plan to limit risk-taking in banks roiled global equity markets. Shares of European banks listed in New York tumbled, including Royal Bank of Scotland, wh
Published 25 Jan, 2010 12:00am
Wall Street dogged by economic, political woes

Wall Street dogged by economic, political woes

Wall Street is struggling with renewed fears about the economic outlook and at the same time feeling a chill from a tougher stand from the White House on banks and financial market regulation. The market was hammered over the past week by worries about th
Published 25 Jan, 2010 12:00am
Minister calls for an end to drone attacks

Minister calls for an end to drone attacks

Sindh Minister for Environment and Alternative Energy Shaikh Mohammad Afzal has said that drone attacks are not in favour of the country and the nation, therefore, it is the need of hour to stop them with immediate effect. In a statement, he said that kil
Published 25 Jan, 2010 12:00am
Previous Day