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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-02-09
Australian shares jump

Australian shares jump

Australian stocks rose 0.2 percent on Monday as bargain hunters looked for good buys after the market slumped to a three-month low last week, but investors bailed out of retailer JB Hi-Fi, after it announced a new CEO. The market's nine percent drop over
Published 09 Feb, 2010 12:00am
Seoul shares slip

Seoul shares slip

Seoul shares fell on Monday led by banking and Kumho Asiana Group related issues including Hana Financial Group and Kumho Petrochemical, amid renewed concerns about the group's financial position. The Korea Composite Stock Price Index (KOSPI) finished dow
Published 09 Feb, 2010 12:00am
South Korean bonds sag

South Korean bonds sag

South Korean treasury bonds fell on Monday as investors sold debt to capitalise on recent solid gains, pressured by auctions and an impending central bank vote on interest rates. An industry association poll showed on Monday that fewer bond dealers in Sou
Published 09 Feb, 2010 12:00am
South Korean bonds sag

South Korean bonds sag

South Korean treasury bonds fell on Monday as investors sold debt to capitalise on recent solid gains, pressured by auctions and an impending central bank vote on interest rates. An industry association poll showed on Monday that fewer bond dealers in Sou
Published 09 Feb, 2010 12:00am
Temasek plans $704 million bond offering

Temasek plans $704 million bond offering

State-linked Singapore investment firm Temasek Holdings said on Monday it was planning a bond offering worth one billion Singapore dollars (704 million US dollars) as part of its capital-raising programme. The bonds are due in 2020 and will be issued by i
Published 09 Feb, 2010 12:00am
Temasek plans $704 million bond offering

Temasek plans $704 million bond offering

State-linked Singapore investment firm Temasek Holdings said on Monday it was planning a bond offering worth one billion Singapore dollars (704 million US dollars) as part of its capital-raising programme. The bonds are due in 2020 and will be issued by i
Published 09 Feb, 2010 12:00am
Hong Kong stocks at five-month low; China index falls

Hong Kong stocks at five-month low; China index falls

Hong Kong shares slipped to a five-month closing low on Monday, falling for a third consecutive session on mounting concerns that the euro zone's debt problems will hamper the global economic recovery. The benchmark Hang Seng Index closed down 0.58 percen
Published 09 Feb, 2010 12:00am
Hong Kong dollar little changed

Hong Kong dollar little changed

The Hong Kong dollar was trapped in a narrow range against the US dollar on Monday in cautious trade amid persistent weakness in equity markets. Hong Kong stocks slid for a third straight session, with the benchmark Hang Seng Index dropping 0.21 percent t
Published 09 Feb, 2010 12:00am
Australian dollar softened

Australian dollar softened

The Australian was on the defensive against the US dollar on Monday amid worries about the health of the global economy and sovereign risk contagion in the euro zone. The Aussie hovered around $0.8660 for much of the session, above a four-month low of $0.
Published 09 Feb, 2010 12:00am
Euro dips as eurozone fiscal woes fester

Euro dips as eurozone fiscal woes fester

The euro and growth-linked currencies were on slippery ground on Monday as risk appetite was subdued on the back of mounting fiscal worries in the eurozone and lingering concerns about a global tax on banks. Traders said investors were sceptical of the Gr
Published 09 Feb, 2010 12:00am
Asian currencies fall

Asian currencies fall

The high-yielding Indonesian rupiah fell on Monday in tandem with the euro on the back of growing debt worries in the eurozone, while the South Korean won's protracted weakness pushed up its volatilities. The euro and growth-linked currencies also fell as
Published 09 Feb, 2010 12:00am
Taiwan dollar dips

Taiwan dollar dips

The Taiwan dollar dipped on Monday to a near six-week low on foreign fund stock outflows, tracking Asian peers, as the island's central bank intervened to discourage speculation in the currency, dealers said. A closing price of T$32.195 to the US dollar w
Published 09 Feb, 2010 12:00am
Key dollar/yuan hit seven-week high

Key dollar/yuan hit seven-week high

Benchmark offshore one-year dollar/yuan non-deliverable forwards (NDFs) hit a seven-week high on Monday as the dollar kept its recent gains while dealers said the Group of Seven's meeting will not have an impact on yuan policy, which may reduce some press
Published 09 Feb, 2010 12:00am
Swiss franc slips

Swiss franc slips

The Swiss franc stayed stubbornly above the 1.47 mark against the euro on Monday as traders took stock of the Swiss National Bank's apparently limited ability to keep a lid on the currency against an ever weakening euro. The euro zone is Switzerland's lar
Published 09 Feb, 2010 12:00am
Britain's ITV fined over killing a rat on TV show

Britain's ITV fined over killing a rat on TV show

British broadcaster ITV pleaded guilty to animal cruelty and was fined by an Australian court on Monday after a rat was killed and eaten on the reality TV show "I'm a Celebrity ... Get Me Out of Here." Italian chef Gino D'Acampo and British actor Stuart M
Published 09 Feb, 2010 12:00am
Iran's anniversary will be 'punch' to West: Khamenei

Iran's anniversary will be 'punch' to West: Khamenei

Iran's all powerful supreme leader Ayatollah Ali Khamenei said on Monday that the 31st anniversary of the Islamic revolution would be a "punch" to the world's "arrogant" powers that would stun them. "The Iranian nation, with its unity and God's grace, wil
Published 09 Feb, 2010 12:00am
China shuts down hacker training company

China shuts down hacker training company

Police in central China have shut down a hacker training company that taught thousands of people how to launch cyberattacks and provided them with spy software, media reports said Monday. The reports come amid growing accusations of organised computer hac
Published 09 Feb, 2010 12:00am
Obama in Super Bowl health care gambit

Obama in Super Bowl health care gambit

President Barack Obama on Sunday unveiled a major political gambit on his stalled health care plan to millions of Americans tuning in for the Super Bowl, summoning Republicans to a White House summit. In his most personal effort yet to salvage his histori
Published 09 Feb, 2010 12:00am
Thousands flee south every year from Somalia, Ethiopia

Thousands flee south every year from Somalia, Ethiopia

At least 17,000 illegal migrants from the Horn of Africa leave their countries for South Africa annually, most of them transiting through Kenya, a top UN official said on Monday. Tal Raviv, a regional programme officer at the UN's International Organisati
Published 09 Feb, 2010 12:00am
Ten soldiers killed in north Yemen clashes

Ten soldiers killed in north Yemen clashes

Ten Yemeni soldiers have been killed, most of them by snipers, and 18 wounded in a fresh outbreak of fighting with Shiite rebels in north Yemen, a military official said on Monday. The latest clashes come days after the government announced a timetable fo
Published 09 Feb, 2010 12:00am
Israeli police raid east Jerusalem refugee camp

Israeli police raid east Jerusalem refugee camp

Israeli security forces Monday raided a Palestinian refugee camp in annexed east Jerusalem, arresting 11 people in an operation police said was aimed at putting "some order" in the area. Dozens of police and border police forces in jeeps entered the dense
Published 09 Feb, 2010 12:00am
South Africans remember Mandela's 'indescribable' release

South Africans remember Mandela's 'indescribable' release

"Electric and yet so tense", is how Siraaj Cassiem described waiting in Cape Town on February 11, 1990, hoping to see former president Nelson Mandela emerge from prison after 27 years. "Up until then Madiba was a slogan on a T-shirt, a slogan on a poster.
Published 09 Feb, 2010 12:00am
British dead in Afghanistan equals Falklands toll

British dead in Afghanistan equals Falklands toll

Two more British soldiers were killed in Afghanistan at the weekend, bringing the country's death toll there to the same as the 1982 Falklands war, the Ministry of Defence said Monday. The soldiers from the Royal Scots Borderers, 1st Battalion The Royal R
Published 09 Feb, 2010 12:00am
British minister denies ignoring Iraq war legal advice

British minister denies ignoring Iraq war legal advice

Britain's foreign minister during the Iraq war denied Monday he had ignored advice that the 2003 invasion was illegal, in his second appearance before the public inquiry into the conflict. Jack Straw said he read "with great care" an opinion given by the
Published 09 Feb, 2010 12:00am
Dubai closes top deck at world's tallest tower for repairs

Dubai closes top deck at world's tallest tower for repairs

The breath-taking view from the top of Dubai's Burj Khalifa, the world's tallest high-rise, has been closed to the public due to problems with power supply, the tower's management said in a statement. "Due to unexpected high traffic, the observation deck
Published 09 Feb, 2010 12:00am
Hong Kong girl survives mother's suicide fall

Hong Kong girl survives mother's suicide fall

A four-year-old girl survived a fall from a Hong Kong shopping mall balcony when her mother leaped to her death, in the latest in a string of murder-suicide attempts, police said Monday. The young girl was hurled by her 41-year-old mother from the mall's
Published 09 Feb, 2010 12:00am
Shelling kills at least nine in Somalia

Shelling kills at least nine in Somalia

An exchange of mortar shells between Somali government forces and rebels killed at least nine civilians and injured 14 others, a human rights group said on Monday. The clashes started late on Sunday and continued on Monday morning, the Elman Peace and Hum
Published 09 Feb, 2010 12:00am
UK's Labour suspends lawmakers facing expenses trial

UK's Labour suspends lawmakers facing expenses trial

Britain's ruling Labour party on Monday suspended three legislators facing criminal charges over their expenses to try to limit the damage from the case before an election to be held by June. The three, already barred from standing again as Labour candida
Published 09 Feb, 2010 12:00am
Afghan floods, avalanches kill 20

Afghan floods, avalanches kill 20

At least 20 people have died in floods and avalanches triggered by some of the heaviest rain and snow in Afghanistan for 50 years, an official said Monday. At least six people died and 10 others were missing following heavy rains in the southern province
Published 09 Feb, 2010 12:00am
Nato and Afghans to hold Taliban bastion 'forever'

Nato and Afghans to hold Taliban bastion 'forever'

Nato forces and their Afghan allies will hold territory seized from the Taliban in an imminent major operation "forever", the commander of British forces in southern Afghanistan's Helmand province said. British and US forces are poised to take the town of
Published 09 Feb, 2010 12:00am
Russia offers Sri Lanka arms finance deal

Russia offers Sri Lanka arms finance deal

Russia has extended a 300 million-dollar credit line to Sri Lanka for arms purchases, Russian news agencies reported Monday following Kremlin talks between the leaders of the two countries. Sri Lanka will have access to the financing for five years and an
Published 09 Feb, 2010 12:00am
Muslim man wins discrimination case over non-handshake

Muslim man wins discrimination case over non-handshake

A Swedish court Monday ordered the country's labour agency to pay damages to an unemployed Muslim man who lost his benefits because he had refused to shake hands with a female job interviewer. He had visited the firm for an interview when looking for a tr
Published 09 Feb, 2010 12:00am
Chinchilla becomes Costa Rica's first female president

Chinchilla becomes Costa Rica's first female president

Laura Chinchilla, a social conservative who opposes abortion but wants more help for the poor, became Costa Rica's first female president after a convincing election triumph. Her main opponents conceded defeat and the 50-year-old ruling party candidate jo
Published 09 Feb, 2010 12:00am
Pyongyang accuses Seoul of plot

Pyongyang accuses Seoul of plot

Pyongyang accused Seoul on Monday of plotting to topple its regime, souring relations again as a top Chinese official visited North Korea in a new drive to bring it back to nuclear disarmament talks. In another blow for inter-Korean ties the two sides fai
Published 09 Feb, 2010 12:00am
Australia axes 20,000 migrant applications

Australia axes 20,000 migrant applications

Australia on Monday axed 20,000 migrant applications in a major overhaul aimed at clamping down on foreign students gaining permanent residency through courses such as hairdressing and cookery. Immigration Minister Chris Evans said the reforms, which foll
Published 09 Feb, 2010 12:00am
Dead man found in landing gear of US jet in Japan

Dead man found in landing gear of US jet in Japan

Japanese authorities have found the body of a man in the landing gear of a Delta airliner that arrived in Tokyo from New York and said Monday they were seeking US help in identifying him. A mechanic found the body in the landing gear bay of the Boeing 777
Published 09 Feb, 2010 12:00am
UN patent filings dropped for 1st time since 1978

UN patent filings dropped for 1st time since 1978

The number of international patent filings dropped last year for the first time since 1978 as companies hit by the global economic downturn sought fewer new protections on their intellectual property, the UN said Monday. Most patents filed in 2009 were fo
Published 09 Feb, 2010 12:00am
Yanukovich, monitors, press Ukraine Prime Minister to concede

Yanukovich, monitors, press Ukraine Prime Minister to concede

Ukrainian opposition leader Viktor Yanukovich pressed rival Yulia Tymoshenko to concede defeat on Monday after a narrow victory in a presidential election that could tilt the ex-Soviet state back towards Moscow. Adding to pressure on the fiery Tymoshenko,
Published 09 Feb, 2010 12:00am
Nepalese media tycoon shot dead

Nepalese media tycoon shot dead

Nepalese police said Monday they were hunting two men suspected of gunning down Jamim Shah, a prominent media tycoon who owned Nepal's first cable television company. Shah, who also ran a television station and satellite network, was shot dead Sunday by t
Published 09 Feb, 2010 12:00am
Irish paramilitary group INLA disarms

Irish paramilitary group INLA disarms

An Irish paramilitary group responsible for dozens of murders during Northern Ireland's three decades of sectarian violence announced Monday that it has disarmed. The Irish National Liberation Army (INLA)'s announcement came four months after it renounced
Published 09 Feb, 2010 12:00am
Endeavour blasts off for space station

Endeavour blasts off for space station

The US space shuttle Endeavour and its crew of six astronauts blasted off Monday and headed for the International Space Station to deliver a module dubbed Tranquility. The picture-perfect night-time lift-off came at 4:14 am (0914 GMT), after a 24-hour del
Published 09 Feb, 2010 12:00am
Heavy snowfall blocks roads, cuts power in Europe

Heavy snowfall blocks roads, cuts power in Europe

Heavy snow caused traffic chaos in Bulgaria and Romania on Monday, closing major highways, delaying flights and trains and cutting off electricity. In Austria, where 12 skiers and snowboarders have died in the past week, authorities raised the avalanche r
Published 09 Feb, 2010 12:00am
Star Energy, other bonds gain in Asia

Star Energy, other bonds gain in Asia

New dollar bonds from Indonesia's Star Energy Geothermal rose on Monday, along with recent issues from two Hong Kong banks, as easing worries about the fiscal problems in Europe spurred demand for riskier assets. The Asia ex-Japan iTraxx investment-grade
Published 09 Feb, 2010 12:00am
Star Energy, other bonds gain in Asia

Star Energy, other bonds gain in Asia

New dollar bonds from Indonesia's Star Energy Geothermal rose on Monday, along with recent issues from two Hong Kong banks, as easing worries about the fiscal problems in Europe spurred demand for riskier assets. The Asia ex-Japan iTraxx investment-grade
Published 09 Feb, 2010 12:00am
Major Southeast Asian stocks fall

Major Southeast Asian stocks fall

Major Southeast Asian stock markets fell on Monday due to growing worries over the eurozone's debt problems and the prospect of further turbulence on world markets, but Singapore bucked the trend. At a weekend meeting, European ministers tried to reassure
Published 09 Feb, 2010 12:00am
European shares snap losing streak

European shares snap losing streak

European shares snapped a three-day losing streak on Monday, boosted by defensive stocks such as drugmakers and commodities tracking crude and metal prices higher. The FTSEurofirst 300 index of top European shares closed up 0.7 percent at 979.33 points in
Published 09 Feb, 2010 12:00am
CDS indices widen further

CDS indices widen further

European credit default swap indices widened late Monday, pushing the Europe index to a fresh 4-month wide, on negative sentiment about sovereign risk. By 1529 GMT, the investment-grade Markit iTraxx Europe index was at 95 basis points, according to data
Published 09 Feb, 2010 12:00am
CDS indices widen further

CDS indices widen further

European credit default swap indices widened late Monday, pushing the Europe index to a fresh 4-month wide, on negative sentiment about sovereign risk. By 1529 GMT, the investment-grade Markit iTraxx Europe index was at 95 basis points, according to data
Published 09 Feb, 2010 12:00am
Indian shares spring back

Indian shares spring back

Indian shares pulled back from an early slide and eked out a 0.1 percent gain on Monday, after a recovery in their European peers helped soothe nerves. Beaten down telecoms Bharti Airtel and Reliance Communications led the rise. The government forecast th
Published 09 Feb, 2010 12:00am
Monday's early afternoon trade: S&P and Nasdaq gain on upgrades

Monday's early afternoon trade: S&P and Nasdaq gain on upgrades

The S&P 500 and Nasdaq edged higher on Monday as several bellwethers rose on brokerage upgrades and positive comments about the economy, but worries about eurozone sovereign debt problems limited gains. Worries about Greece's financial problems and other
Published 09 Feb, 2010 12:00am
UK's top share index rises

UK's top share index rises

Britain's top share index closed 0.6 percent higher on Monday, as gains in rebounding miners and strength in defensive issues more than offset weaker financials, which were weighed by ongoing eurozone debt issues. The FTSE 100 rose 31.41 points at 5,092.3
Published 09 Feb, 2010 12:00am
Euro Libor sets all-time low

Euro Libor sets all-time low

Bank-to-bank euro lending rates set an all-time low on Monday, underpinned by a glut of central bank liquidity but the Greek repo market remained gummed up on widening sovereign risk fears in fringe eurozone states. The vast liquidity that has kept downwa
Published 09 Feb, 2010 12:00am
Sterling tumbles versus dollar

Sterling tumbles versus dollar

Sterling tumbled to an 8 1/2-month low against the dollar on Monday as the UK currency bore the brunt of risk-aversion selling triggered by jitters about the fiscal health of some eurozone countries. Worries about how eurozone states including Greece and
Published 09 Feb, 2010 12:00am
Euro slips versus dollar in London

Euro slips versus dollar in London

The euro slipped against the dollar on Monday, staying near multi-month lows on concerns about the fiscal health of some eurozone countries. Analysts said sentiment towards the single currency remained broadly negative, not helped by Greek unions pledging
Published 09 Feb, 2010 12:00am
Indian rupee falls to seven-week low

Indian rupee falls to seven-week low

The Indian rupee ended near its lowest in seven-weeks on Monday, unable to sustain a boost from the share market turning around early losses and as the dollar lost ground against major currencies. The partially convertible rupee closed at 46.83/84 per dol
Published 09 Feb, 2010 12:00am
US rule directs banks to share data abroad

US rule directs banks to share data abroad

A US financial crime agency has adopted a rule allowing local, state and foreign police agencies to seek information from American banks, despite opposition from industry groups. The rule broadens one adopted by the Financial Crimes Enforcement Network (F
Published 09 Feb, 2010 12:00am
Top Canadian military official charged with murder

Top Canadian military official charged with murder

The commander of a major military base in Canada who once flew dignitaries around the country has been charged with first-degree murder in the deaths of two women and in the sexual assaults of two other women. Ontario Provincial Police Department Insp. Ch
Published 09 Feb, 2010 12:00am
Hamas leader says US blocking Palestinian unity

Hamas leader says US blocking Palestinian unity

Hamas leader Khaled Meshaal on Monday accused the United States of undermining Palestinian unity efforts and said he saw no chance for peace in the Middle East under Israel's current leadership. Shunned in the West because his Islamist group refuses to re
Published 09 Feb, 2010 12:00am
Yemen Qaeda wants Red Sea blocked

Yemen Qaeda wants Red Sea blocked

The Yemen-based wing of al Qaeda, in a recording posted on the Internet on Monday, called on Somali insurgents to help gain control over a narrow strait at the mouth of the Red Sea to block US shipments to Israel. The wing's deputy leader, Saeed al-Shehri
Published 09 Feb, 2010 12:00am
Michael Jackson's doctor charged in singer's death

Michael Jackson's doctor charged in singer's death

Los Angeles prosecutors charged Michael Jackson's personal doctor on Monday with involuntary manslaughter in the singer's death last year. Dr Conrad Murray has been a focus of investigations for months, since the coroner's office ruled that Jackson's June
Published 09 Feb, 2010 12:00am
New York cotton springs to firm close

New York cotton springs to firm close

Cotton futures finished higher on Monday on investor short-covering as the market rebounded from a 12-week low, but most analysts feel the next move of fibre contracts remained uncertain at this time. The key March cotton contract increased 2.54 cents to
Published 09 Feb, 2010 12:00am
Liffe sugar and cocoa end higher

Liffe sugar and cocoa end higher

March white sugar ended $13.50 higher at $738.00 a tonne. Market supported by broad-based rebound in commodity markets after last week's steep setback and expected supply tightness over the next few months. May cocoa on Liffe ended 15 pounds higher at 2,2
Published 09 Feb, 2010 12:00am
Copper rallies

Copper rallies

Copper rallied on Monday as investors and consumers, seeing bargain prices and believing in the stronger China demand story, piled in. Benchmark copper on the London Metal Exchange ended at $6,450 a tonne from $6,265 at the close on Friday. Earlier on Mon
Published 09 Feb, 2010 12:00am
Oil inches up

Oil inches up

Oil inched up on Monday, as a weaker US dollar, cold weather and geopolitical disputes provided support after three straight losing sessions. Unusually cold weather will settle across key heating fuel consuming regions in the United States this week, in t
Published 09 Feb, 2010 12:00am
Gold soars in Europe

Gold soars in Europe

Gold prices turned higher in Europe on Monday, rising back above $1,070 an ounce, as the dollar's retreat versus the euro boosted the metal's appeal as an alternative asset. Spot gold was at $1,072.40 an ounce at 1608 GMT versus $1,065.55 late in New York
Published 09 Feb, 2010 12:00am
US MIDDAY: sugar, coffee and cocoa rebound

US MIDDAY: sugar, coffee and cocoa rebound

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Monday. March arabica coffee rose 2.00 cents to $1.308 per lb at 11 am EST (1600 GMT). Range $1.285 to $1.3085. Coffee moved higher on commercial buying and in line with rebound in c
Published 09 Feb, 2010 12:00am
US MIDDAY: wheat soars

US MIDDAY: wheat soars

Wheat futures on the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange were higher early on Monday in a short-covering rally ahead of the US Department of Agriculture's monthly crop report expected on Tuesday, trade
Published 09 Feb, 2010 12:00am
US MIDDAY: soya and corn up

US MIDDAY: soya and corn up

Soyabean and corn futures on the Chicago Board of Trade were higher early Monday in a short-covering bounce ahead of the US Department of Agriculture's monthly crop reports expected Tuesday, traders said. As of 9:36 am CST (1536 GMT), March soyabeans were
Published 09 Feb, 2010 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

US copper futures edged higher at the open on Monday, as bargain-hunting buying helped prop prices up from 3-1/2-month lows hit late last week, but sentiment remained fragile due to ongoing worries about debt troubles in some eurozone countries.
Published 09 Feb, 2010 12:00am
US MIDDAY: gold rebounds

US MIDDAY: gold rebounds

US gold futures rose 1 percent on Monday, boosted by a dollar drop and short-covering after the metal fell to a three-month low in the previous session. April up $13, or 1.2 percent, at $1,065.80 an ounce at 9:50 am EST (1450 GMT) on COMEX division of NYM
Published 09 Feb, 2010 12:00am
'Hajj policy draft finalisation likely in April'

'Hajj policy draft finalisation likely in April'

Minister for Religious Affairs Hamid Saeed Kazmi said on Monday the draft of Hajj Policy 2010 would hopefully be finalised by the first week of April. "Though the ministry is making efforts to finalise the policy by end of March, but due to some engagemen
Published 09 Feb, 2010 12:00am
Chinese team, BoI chief discuss investment prospects

Chinese team, BoI chief discuss investment prospects

A 12-member Chinese delegation, led by Vice Governor of Sichuan province of China called on State Minister and Chairman Board of Investment, Mohammad Saleem H. Handviwalla. Secretary Board of Investment, Mohammad Saleem Khan and Chinese Ambassador were al
Published 09 Feb, 2010 12:00am
AJK government evolves plan to raise lifestyle of farmers

AJK government evolves plan to raise lifestyle of farmers

Azad Jammu & Kashmir government has evolved an integrated plan to raise the lifestyle of the farmers besides opening new vistas of employment in the livestock and dairy sector under the spirit to overcome the unemployment in the liberated territory, offic
Published 09 Feb, 2010 12:00am
National Assembly body passes Pakistan Naval Academy Amendment Bill

National Assembly body passes Pakistan Naval Academy Amendment Bill

National Assembly Standing Committee on Defence in a meeting on Monday discussed the Pakistan Naval Academy (Award of Degrees) Amendment Bill, 2010 and unanimously passed it. The committee was given comprehensive briefing about introduction, restructuring
Published 09 Feb, 2010 12:00am
Anti-smoking drive to be launched: DCO

Anti-smoking drive to be launched: DCO

DCO Saeed Wahlah has vowed that measures would be taken for the implementation of "Prohibition of Smoking of Protection of Non Smokers Health Ordinance 2002" in the district for achieving the desired results. He was presiding over a meeting of District Im
Published 09 Feb, 2010 12:00am
Pakistan has clear roadmap for talks with India: Qureshi

Pakistan has clear roadmap for talks with India: Qureshi

Foreign Minister Shah Mehmood Qureshi has said that India-Pakistan talks at secretaries level is expected on February 18 or 25, as indicated by Indian government and we have a clear roadmap for talks with India, in which more tangible issues like the wate
Published 09 Feb, 2010 12:00am
AIOU launches collection of Bhitai's poetry

AIOU launches collection of Bhitai's poetry

Allama Iqbal Open University (AIOU) on Monday launched a collection of poetry, thoughts and teachings of renowned Sindhi poet, Shah Abdul Latif Bhitai. The launching ceremony of the academic and cultural research of noted mystic poet was organised by the
Published 09 Feb, 2010 12:00am
Poultry conference on February 23

Poultry conference on February 23

Faisalabad Poultry Forum and University of Agriculture Faisalabad (UAF) will organise a poultry conference and poultry framers Mela/conference on March 23 at Iqbal Auditorium University of Agriculture Faisalabad. Khalid Mehmood Shouq, PPA leader said that
Published 09 Feb, 2010 12:00am
Rains beneficial to crops in Punjab

Rains beneficial to crops in Punjab

The spell of rainfall is in progress for the last two days in Industrial City, which has triggered the intensity of the winter, while late spell of rain will be beneficial for cultivated rain-fed crops in whole Punjab, said the agriculture scientists.
Published 09 Feb, 2010 12:00am
Illegal slaughtering of animals goes unchecked

Illegal slaughtering of animals goes unchecked

Illegal slaughter of animals and overcharging by butchers is continuing unchecked in different parts of the Multan city. The price control magistrates are conducting no raids to ensure implementation of the official price list. According to a survey, a la
Published 09 Feb, 2010 12:00am
Imposition of quota on export of cotton yarn criticised

Imposition of quota on export of cotton yarn criticised

Khawaja Muhammad Jalaluddin Roomi former Punjab Minister for Industries and ex-President of Multan Chamber has reiterated his stand on free market mechanism and regretted imposition of quota on export of cotton yarn. Talking to newsmen here on Monday. He
Published 09 Feb, 2010 12:00am
Punjab government raises bus fares

Punjab government raises bus fares

The transporters have again won over the authorities to crush the already burdened commuters as the Punjab government increased the local transport fares at Rs 3 for stop-to-stop and Rs 7 for long distance. A notification to this effect was issued on Sund
Published 09 Feb, 2010 12:00am
'Special relief programme for orphans to start soon'

'Special relief programme for orphans to start soon'

Senior Minister Punjab Raja Riaz Ahmad has said that a special relief and rehabilitation programme will be started soon for poor orphans under which Pakistan Bait-ul-Mall will provide economic assistance to 100 needy orphans of every district.
Published 09 Feb, 2010 12:00am
The Weather

The Weather

The weather report on Monday (February 08, 2010) and the forecast for Tuesday (February 09, 2010).

Published 09 Feb, 2010 12:00am
Key stock and currency market movements

Key stock and currency market movements

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

Published 09 Feb, 2010 12:00am
Tevta bill rejected

Tevta bill rejected

Punjab Association of Instructors, All Pakistan Clerks Association, and other associations of technical institutes have rejected the Technical Education and Vocational Training Authority (Tevta)-2010 bill, describing it as 'unilateral'.
Published 09 Feb, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (February 08, 2010).

Published 09 Feb, 2010 12:00am
Traffic signal at Karsaz

Traffic signal at Karsaz

It has been observed that in the absence of traffic signal at Karsaz, movement of vehicles from Malir to Saddar via Shahrea Faisal is very heavy. Due to this, pedestrians beneath the Baloch Colony Flyover have to wait much longer to cross over the road. S
Published 09 Feb, 2010 12:00am
Somali pirates: the unlikely heroes of Kenyan fishermen

Somali pirates: the unlikely heroes of Kenyan fishermen

Somalia's fearsome pirates don't have many friends among the Indian Ocean's seafaring community. But Kenya's fleet of modest Swahili fishermen think the region's most-wanted are a godsend. The sight of two fishing boats emerging from the horizon and bobbi
Published 09 Feb, 2010 12:00am
Our economic development paradigm - II

Our economic development paradigm - II

Business Recorder's 1st February, 2010 issue ran the preamble on the captioned article. Its thrust was that our economic managers have mindlessly persisted with a manifestly bankrupt trickle-down theory of economic development promoted by Washington insti
Published 09 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 09 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 09 Feb, 2010 12:00am
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