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Print - 2010-07-19
Message from Supreme Head, All Jammu Kashmir Muslim Conference

Message from Supreme Head, All Jammu Kashmir Muslim Conference

Kashmiris residing on both sides of the Line of Control and all over the world are celebrating Kashmir's Accession Day today. Resolution of Kashmir's accession to Pakistan is the "Magna Carta" in our national history. Kashmiris had been sacrificing their
Published 19 Jul, 2010 12:00am
Message from Prime Minister, Azad State of Jammu & Kashmir

Message from Prime Minister, Azad State of Jammu & Kashmir

Every year 19th July is celebrated by Kashmiri nation with passion. The Muslims of Kashmir unanimously took a historical decision of accession to Pakistan to protect their religious, economic and political rights, People in Indian Occupied Kashmir, refuge
Published 19 Jul, 2010 12:00am
Message from President, Azad State of Jammu and Kashmir

Message from President, Azad State of Jammu and Kashmir

We are celebrating 19th July as Kashmir's Accession Day, a milestone of our national history, with great enthusiasm and fervour, when 63 years ago on the same day, the resolution of Kashmir's accession to Pakistan was unanimously passed. This day marks th
Published 19 Jul, 2010 12:00am
Etisalat second quarter down

Etisalat second quarter down

Emirates Telecommunications Corp, which faces increasing competition from a new market entrant in the United Arab Emirates, reported a 21 percent fall in second quarter profits on Sunday.
Published 19 Jul, 2010 12:00am
Etisalat second quarter down

Etisalat second quarter down

Emirates Telecommunications Corp, which faces increasing competition from a new market entrant in the United Arab Emirates, reported a 21 percent fall in second quarter profits on Sunday.
Published 19 Jul, 2010 12:00am
UAE's Aabar to raise minority buyout price

UAE's Aabar to raise minority buyout price

UAE government officials have told Aabar Investments to raise its buyout offer to minority shareholders by over a third after the Abu Dhabi company angered investors with a lowball bid.
Published 19 Jul, 2010 12:00am
UAE's Aabar to raise minority buyout price

UAE's Aabar to raise minority buyout price

UAE government officials have told Aabar Investments to raise its buyout offer to minority shareholders by over a third after the Abu Dhabi company angered investors with a lowball bid.
Published 19 Jul, 2010 12:00am
Ireland may slow budget reform

Ireland may slow budget reform

Ireland may not have the political will to bring its budget deficit in line with EU rules as planned by 2014 and could need six years more, the chairman of the smaller governing coalition party the Greens said. Investors and European leaders have praised
Published 19 Jul, 2010 12:00am
EADS frustrated by delay in WTO ruling

EADS frustrated by delay in WTO ruling

EADS Chief Executive Louis Gallois said he was "enormously frustrated" about another delay by the World Trade Organisation in ruling on the European Union's case against the United States over alleged illegal subsidies to the company's arch-rival, Boeing
Published 19 Jul, 2010 12:00am
Wall Street reform helps by ending uncertainty

Wall Street reform helps by ending uncertainty

The passage of Wall Street reforms by Congress helps the US economic recovery now under way by easing uncertainty that had been holding back investment, Vice President Joe Biden said on Sunday. Biden told the ABC program "This Week" that financial regulat
Published 19 Jul, 2010 12:00am
Boeing's Dreamliner completes first flight outside US

Boeing's Dreamliner completes first flight outside US

Boeing's 787 Dreamliner jet, whose delivery to clients faces fresh delay, landed here Sunday after its first flight outside of the US ahead of the Farnborough International Airshow.
Published 19 Jul, 2010 12:00am
Boeing defence sees moderate sales growth

Boeing defence sees moderate sales growth

Boeing Co's defence business expects moderate growth in revenue next year after relatively flat results in 2010, said Dennis Muilenburg, president of Boeing Defence, Space and Security.
Published 19 Jul, 2010 12:00am
Boeing defence sees moderate sales growth

Boeing defence sees moderate sales growth

Boeing Co's defence business expects moderate growth in revenue next year after relatively flat results in 2010, said Dennis Muilenburg, president of Boeing Defence, Space and Security.
Published 19 Jul, 2010 12:00am
Abu Dhabi Islamic Bank second quarter profit jumps

Abu Dhabi Islamic Bank second quarter profit jumps

UAE lender Abu Dhabi Islamic Bank reported a 56 percent increase in second quarter profit as it recorded lower credit provisions, beating analysts' forecasts. The bank, the second largest Islamic lender in the UAE, made a profit of 301.6 million UAE dirha
Published 19 Jul, 2010 12:00am
Abu Dhabi Islamic Bank second quarter profit jumps

Abu Dhabi Islamic Bank second quarter profit jumps

UAE lender Abu Dhabi Islamic Bank reported a 56 percent increase in second quarter profit as it recorded lower credit provisions, beating analysts' forecasts. The bank, the second largest Islamic lender in the UAE, made a profit of 301.6 million UAE dirha
Published 19 Jul, 2010 12:00am
China growth in line with expectations: Wen Jiabao

China growth in line with expectations: Wen Jiabao

Chinese Premier Wen Jiabao said Sunday that a slowdown in second quarter growth to 10.3 percent was in line with expectations, but warned of economic difficulties ahead. Wen made the remarks during a weekend tour of north China's Shaanxi province where he
Published 19 Jul, 2010 12:00am
UK recovery at risk if banks don't lend

UK recovery at risk if banks don't lend

Britain's economic recovery is at risk of being undermined by the lack of bank lending to businesses, Business Minister Vince Cable said. Since exiting recession in the last quarter of 2009, Britain's recovery has been sluggish, growing just 0.3 percent i
Published 19 Jul, 2010 12:00am
EU envoy calls for open borders on Gaza visit

EU envoy calls for open borders on Gaza visit

The European Union's top diplomat Catherine Ashton called for the further easing of Israel's four-year blockade of the Gaza Strip during a visit to the impoverished Hamas-run enclave on Sunday.
Published 19 Jul, 2010 12:00am
UK's first listed debt infrastructure fund to debut

UK's first listed debt infrastructure fund to debut

Gravis Capital Partners, which is set to create Britain's first listed infrastructure fund focused on providing debt to projects, said it would successfully complete its initial public offering (IPO).
Published 19 Jul, 2010 12:00am
UK's first listed debt infrastructure fund to debut

UK's first listed debt infrastructure fund to debut

Gravis Capital Partners, which is set to create Britain's first listed infrastructure fund focused on providing debt to projects, said it would successfully complete its initial public offering (IPO).
Published 19 Jul, 2010 12:00am
GM mini-vehicle China joint venture unveils first own-brand car

GM mini-vehicle China joint venture unveils first own-brand car

General Motor's mini-vehicle venture in southern China unveiled its first own-brand sedan on Sunday as it aims at the fast-growing moderately priced segment of the car market. The sedan, called the Bao Jun or treasured horse, is the first of a series of p
Published 19 Jul, 2010 12:00am
Europe gets a breather before bank stress tests

Europe gets a breather before bank stress tests

The markets have given Europe some respite in its struggle against debt but the EU faces a moment of truth this week with tests that will show whether banks can survive a new economic cataclysm.
Published 19 Jul, 2010 12:00am
Vitamin D levels linked to Parkinson's disease risk

Vitamin D levels linked to Parkinson's disease risk

Greater levels of vitamin D have been linked to a lower risk of Parkinson's disease in a study in Finland where low sunlight leads to a chronic lack of the nutrient, researchers said.
Published 19 Jul, 2010 12:00am
New guideline says MRI best for diagnosing stroke

New guideline says MRI best for diagnosing stroke

A kind of scan called an MRI is much better for diagnosing stroke than a CT scan, the American Academy of Neurology said in new guidelines released on July 12. Magnetic resonance imaging or MRI detected strokes 83 percent of the time, compared to just 26
Published 19 Jul, 2010 12:00am
Indian Ocean sea level rise threatens millions

Indian Ocean sea level rise threatens millions

Sea levels are rising unevenly in the Indian Ocean, placing millions at risk along low-lying coastlines in Bangladesh, Indonesia and Sri Lanka, scientists say in a study.
Published 19 Jul, 2010 12:00am
Antibiotics could help control malaria

Antibiotics could help control malaria

People at high risk of malaria may benefit from taking a cocktail of antibiotics as a preventative step, according to the results of a study in mice. Scientists from Britain, Germany and Kenya said the drugs could prompt healthy people to develop a natura
Published 19 Jul, 2010 12:00am
June Earth's hottest ever: US monitors

June Earth's hottest ever: US monitors

Last month was the hottest June ever recorded on Earth, the US National Oceanic and Atmospheric Administration said on June 15, amid global climate warming worries.
Published 19 Jul, 2010 12:00am
Scientists create improved CO2-absorbing crystals

Scientists create improved CO2-absorbing crystals

Chemists in South Korea and the United States have improved the design of a type of artificial crystal, doubling the amount of carbon-dioxide they can absorb and store. Called metal-organic frameworks (MOFs), the metallic crystals are porous, stable struc
Published 19 Jul, 2010 12:00am
Microsoft, partners to push tablet computer rivals to iPad

Microsoft, partners to push tablet computer rivals to iPad

Microsoft is teaming up with nearly two dozen hardware makers to release Windows-based tablet computers, Microsoft chief executive Steve Ballmer said on July 12, devices like Apple's popular iPad. "This year one of the most important things that we will d
Published 19 Jul, 2010 12:00am
Beijing plans to approve Nokia's web mapping service

Beijing plans to approve Nokia's web mapping service

China plans to give mobile phone giant Nokia a licence to offer online mapping services, making it the first foreign firm to be approved since new rules were unveiled in June, an official said Wednesday.
Published 19 Jul, 2010 12:00am
German minister calls for Internet 'honour code'

German minister calls for Internet 'honour code'

Germany's consumer minister, who vowed to delete her Facebook account in protest at the networking site's privacy policies, called on July 12 for an Internet "honour coode" to protect personal data "We need an honour code... 10 golden rules-short, sharp a
Published 19 Jul, 2010 12:00am
Facebook introduces 'panic button' for British teens

Facebook introduces 'panic button' for British teens

Teenagers using the social networking website Facebook in Britain can add a new Internet safety application from July 12 to report suspected predatory adults. An automatic advert for the service will appear on the homepage of users aged 13 to 18, encourag
Published 19 Jul, 2010 12:00am
New Zealand inventors produce bionic legs for paraplegics

New Zealand inventors produce bionic legs for paraplegics

Two New Zealand inventors have produced what they claim are the world's first robotic legs to help paraplegics walk again. The bionic legs were road-tested publicly for the first time by 23-year-old Hayden Allen who was told five years ago he would never
Published 19 Jul, 2010 12:00am
Mergers key to survival in India's crowded mobile market

Mergers key to survival in India's crowded mobile market

Mergers are the only way forward in India's crowded mobile phone market, where 14 operators are slugging it out for subscribers by offering the cheapest rates in the world, analysts say. On the face of it, business is booming in a market that is growing a
Published 19 Jul, 2010 12:00am
Apple devices shifting balance of media power

Apple devices shifting balance of media power

Apple Inc boss Steve Jobs was a no-show at an annual pow-wow of media and technology moguls in Sun Valley. But he was far from forgotten. At a conference graced by such luminaries as Warren Buffett and Bill Gates, Jobs and the consumer electronics titan h
Published 19 Jul, 2010 12:00am
Internet filter developer in financial straits

Internet filter developer in financial straits

The developer of a controversial Internet filter software in China has denied it has closed due to a lack of funding, but it admits to having financial difficulties, state media said on July 14.
Published 19 Jul, 2010 12:00am
KDDI rules out hostile takeover bid for J:Com

KDDI rules out hostile takeover bid for J:Com

KDDI Corp, Japan's second-largest telecom firm, hopes to raise its stake in Japanese cable TV network Jupiter Telecommunications and make it a subsidiary, chief executive Tadashi Onodera told Reuters on July 13.
Published 19 Jul, 2010 12:00am
Asians are world's most prolific online shoppers

Asians are world's most prolific online shoppers

Asia-Pacific consumers are the world's most prolific online shoppers and many rely on Internet reviews when making purchases, research firm Nielsen said on July 13. The firm said 35 percent of consumers in the region used over 11 percent of their monthly
Published 19 Jul, 2010 12:00am
Japan's Sharp to release biggest capacity disc

Japan's Sharp to release biggest capacity disc

Japanese electronics maker Sharp said Friday it will release a recordable Blu-ray disc this month that can store as much as four seasons of a television drama series. The world's first triple-layer disc has a capacity of 100 gigabytes, twice as much as th
Published 19 Jul, 2010 12:00am
China eases control on web forums

China eases control on web forums

China has scrapped a system that required Internet service providers to apply for a special licence before launching forums and chat rooms in the world's biggest online market. Analysts however cautioned that the loosening of controls, announced on the St
Published 19 Jul, 2010 12:00am
Old games get touch ups

Old games get touch ups

Motion-based controls and 3D technology were the names of the games at the recent Electronic Entertainment Expo (E3) in Los Angeles. Nonetheless, the very best technology doesn't mean a thing if the games aren't good. To that end, Nintendo, Sony, Microsof
Published 19 Jul, 2010 12:00am
MSI presents USB TV tuner

MSI presents USB TV tuner

MSI has introduced a new USB TV tuner. The Digi Vox mini Trio can be connected to a computer via a USB port, allowing the reception of DVB-T signals for analogue and digital cable television. There is an electronic programme guide included with the pre-pa
Published 19 Jul, 2010 12:00am
Acer introduces new netbook

Acer introduces new netbook

Acer's latest netbook is dubbed the Aspire One 533. The portable computer sports a 16:9 format screen measuring 25.6 centimetres diagonally. It comes with an Intel Atom N455 processor, a 250 gigabyte hard drive and a battery that boasts 10 hours of runnin
Published 19 Jul, 2010 12:00am
Hamas bans water pipes for Gaza women

Hamas bans water pipes for Gaza women

The Hamas-run government in Gaza on Sunday said it had banned women from smoking water pipes in public, as fear of the police drove many cafe owners to extinguish the popular pastime. "The police have decided to ban women from smoking water pipes in open,
Published 19 Jul, 2010 12:00am
Australian polls on 'knife-edge' as campaigning starts

Australian polls on 'knife-edge' as campaigning starts

Australia's Prime Minister Julia Gillard was hit by a surprise drop in opinion polls Sunday as a "knife-edge" election season started with taunts over her new slogan and controversial rise to power. A Galaxy poll taken in the 24 hours since Gillard set Au
Published 19 Jul, 2010 12:00am
French city hit by riots after police shootout

French city hit by riots after police shootout

Rioters in the French city of Grenoble shot at police and torched cars overnight as the authorities struggled to restore order after two days of violence. The riot on the outskirts of the Alpine city echoed civil unrest that exploded in France in 2005, ma
Published 19 Jul, 2010 12:00am
World economic crisis hits AIDS funding

World economic crisis hits AIDS funding

Funding by rich economies for poor countries fighting HIV/AIDS fell back slightly last year, to 7.6 billion dollars after 7.7 billion dollars in 2008, as a result of the economic recession, a report card issued at the world AIDS forum said on Sunday. The
Published 19 Jul, 2010 12:00am
Saudi customs nab 17 million amphetamine pills in six months

Saudi customs nab 17 million amphetamine pills in six months

Saudi customs officials seized 17 million amphetamine pills along with 687 kilogrammes (1,514 pounds) of hashish and sizable amounts of heroin and opium in the first six months of 2010, officials said Sunday.
Published 19 Jul, 2010 12:00am
'Strong blow' for Merkel as another ally jumps ship

'Strong blow' for Merkel as another ally jumps ship

German Chancellor Angela Merkel, wrapping up an Asian tour, ran into fresh turmoil at home Sunday when yet another key ally, Hamburg mayor Ole von Beust, announced he was resigning. The embattled Merkel was in Kazakhstan Sunday after a trip to China and a
Published 19 Jul, 2010 12:00am
Lebanon and Syria sign 17 accords as Hariri visits Damascus

Lebanon and Syria sign 17 accords as Hariri visits Damascus

Lebanese Prime Minister Saad Hariri met Syrian President Bashar al-Assad on Sunday as the two countries signed a string of co-operation accords. During Hariri's third visit as premier to a country he once blamed for his father's murder in 2005, Syrian and
Published 19 Jul, 2010 12:00am
Iranian prosecutor urges Islamic dress checks

Iranian prosecutor urges Islamic dress checks

Iran's prosecutor called on Sunday for tighter checks on women who fail to observe Islamic dress code in public, the semi-official Mehr news agency reported. Under Iran's Sharia law, imposed after the 1979 Islamic revolution, women are obliged to cover th
Published 19 Jul, 2010 12:00am
Germans hold 60 km-long party on motorway

Germans hold 60 km-long party on motorway

About three million people turned a busy motorway into one of the biggest open-air festivals in Germany's history on Sunday. A 60 km (36 mile)-long section of the A40 Autobahn between the western German cities of Dortmund and Duisburg was closed to motori
Published 19 Jul, 2010 12:00am
Gunmen free four Nigerian journalists in oil delta

Gunmen free four Nigerian journalists in oil delta

Gunmen in Nigeria's south-eastern oil region released four local journalists and their driver unharmed on Sunday, after nearly a week in captivity. The kidnappers ambushed a convoy of cars carrying the journalists in the southern state of Akwa Ibom on Mon
Published 19 Jul, 2010 12:00am
27 missing after bus plunges off road in south-west China

27 missing after bus plunges off road in south-west China

At least 27 people were missing feared dead Sunday when a passenger bus fell off a mountainous road and into a river in south-west China, a local official and state media said. The accident occurred in Sichuan province's Aba prefecture, a region largely p
Published 19 Jul, 2010 12:00am
Quakes hit Papua New Guinea, no reports of damage

Quakes hit Papua New Guinea, no reports of damage

Two big earthquakes struck Papua New Guinea on Sunday but there were no immediate reports of damage, and neighbouring Indonesia lifted a tsunami warning. Indonesia's quake agency had issued the tsunami warning after it said a second quake, of magnitude 7.
Published 19 Jul, 2010 12:00am
Airbus says on target for A380 deliveries

Airbus says on target for A380 deliveries

European aircraft manufacturer Airbus said on July 16 it was on target to meet its goal of delivering at least 20 A380 superjumbo aircraft this year, having delivered 10 so far. Airbus delivered its ninth and 10th A38Os, one to Singapore Airlines and anot
Published 19 Jul, 2010 12:00am
Strong Mercedes sales power Daimler profits

Strong Mercedes sales power Daimler profits

German automotive giant Daimler posted strong quarterly figures on July 16 on the back of soaring demand for its Mercedes cars and trucks, a weaker euro boosting exports and cost cutting measures. Daimler reported a second quarter operating profit of 2.1
Published 19 Jul, 2010 12:00am
BMW sales, profits to roar ahead in 2010

BMW sales, profits to roar ahead in 2010

The German luxury car maker BMW sharply hiked its 2010 forecast for sales and earnings on July 13, saying better conditions in global auto markets had boosted its outlook considerably. The firm now expects to sell more than 1.4 million cars this year, aro
Published 19 Jul, 2010 12:00am
Hitachi eyes US, European IT service firms

Hitachi eyes US, European IT service firms

Japan's Hitachi Ltd is considering around 10 acquisition targets for its information technology business and sees IT service providers in the United States and Europe as key targets, a senior executive said on July 14.
Published 19 Jul, 2010 12:00am
Sukuk pickup seen in second half: HSBC

Sukuk pickup seen in second half: HSBC

Asian demand should help the Islamic bond market recover in the second half from the impact of the global financial crisis, according to HSBC Amanah deputy chief executive Razi Fakhi. High-profile sukuks coming out Indonesia and Malaysia have served as a
Published 19 Jul, 2010 12:00am
Sukuk pickup seen in second half: HSBC

Sukuk pickup seen in second half: HSBC

Asian demand should help the Islamic bond market recover in the second half from the impact of the global financial crisis, according to HSBC Amanah deputy chief executive Razi Fakhi. High-profile sukuks coming out Indonesia and Malaysia have served as a
Published 19 Jul, 2010 12:00am
Lufthansa CFO sees cargo booming

Lufthansa CFO sees cargo booming

Lufthansa's cargo business is benefiting from rising demand for goods in China and growing appetite world-wide for Chinese goods, the airline's finance chief said.
Published 19 Jul, 2010 12:00am
New BNY Mellon chief executive seeks more deals, hires

New BNY Mellon chief executive seeks more deals, hires

Bank of New York Mellon Wealth Management wants to expand more US and overseas markets through a stream of new hires and take-overs, Chief Executive Lawrence Hughes told Reuters on July 14. Hughes, who ascended to the division's top job in May, also says
Published 19 Jul, 2010 12:00am
Emerging investors opt for do-it-yourself credit rating

Emerging investors opt for do-it-yourself credit rating

Emerging market investors are turning to data on income inequality, corruption and debt insurance costs to help them make decisions about buying sovereign debt, as official credit ratings come under fire. Ratings firms have been under scrutiny since the g
Published 19 Jul, 2010 12:00am
US growth fears turn tide against greenback

US growth fears turn tide against greenback

A six-month rally in the dollar has stalled in recent weeks on concerns about the US economic recovery, prompting some strategists to bet the tide may be turning against the greenback.
Published 19 Jul, 2010 12:00am
Global Markets Weekahead: Europe's bank stress tests could lift gloom

Global Markets Weekahead: Europe's bank stress tests could lift gloom

The unveiling of details on bank stress tests in Europe will help clear a cloud overhanging global financial markets, enabling investors focus on the attractive valuation some assets are offering. World stocks, measured by MSCI, traded sideways for much o
Published 19 Jul, 2010 12:00am
London investors eye growth figures as recovery doubts build

London investors eye growth figures as recovery doubts build

The publication next Friday of second quarter British growth figures will be anxiously awaited by British investors at a time of rising doubts about global economic recovery prospects, analysts said. The FTSE 100 index ended the current week at 5,158.85 p
Published 19 Jul, 2010 12:00am
Obama may not see big boost from Wall Street reform

Obama may not see big boost from Wall Street reform

President Barack Obama may struggle to reap political rewards from his big win on Wall Street reform - at least in the near term. Passage of the most sweeping overhaul of the financial regulatory system since the Great Depression of the 1930s comes as Oba
Published 19 Jul, 2010 12:00am
Midle East markets mix

Midle East markets mix

Shares in Abu Dhabi's Aabar surged on Sunday after the UAE securities regulator told the company to raise its buyout offer to minority shareholders by over a third. The government-controlled investment fund is in the process of delisting from the Abu Dhab
Published 19 Jul, 2010 12:00am
Wealthy investors ready to deploy more cash

Wealthy investors ready to deploy more cash

While wealthy investors are still nervous about the markets, many are well positioned to move out of cash and capitalise on global opportunities as they arise, a senior Merrill Lynch executive said on Thursday.
Published 19 Jul, 2010 12:00am
Japanese share prices seen range-bound next week

Japanese share prices seen range-bound next week

Japanese stocks prices are likely to move in a narrow range and in subdued trade next week amid continued worries over the recovery of the global economy, analysts said Friday. Expectations for robust quarterly earnings of some US companies are unlikely t
Published 19 Jul, 2010 12:00am
US money transfer firms explore new routes in Asia

US money transfer firms explore new routes in Asia

Asia, with its large migrant population, promises a huge growth market for US payment service firms, but for pure-play companies like Western Union and MoneyGram International, that's not the end. They are busy looking for newer avenues ranging from domes
Published 19 Jul, 2010 12:00am
Wall Street Weekahead: earnings to drive stocks after ugly data

Wall Street Weekahead: earnings to drive stocks after ugly data

After ugly economic data and an unexpected downturn in sentiment on quarterly earnings, Wall Street will face a tough time battling back from the latest sell-off. Technology and banking results will once again shape investor mindset in the week ahead. But
Published 19 Jul, 2010 12:00am
World celebrates as South Africa's Mandela turns 92

World celebrates as South Africa's Mandela turns 92

Nelson Mandela, South Africa's first black president, turned 92 on Sunday, as the world celebrated the first international day in his honour. World leaders united in wishing the anti-apartheid icon well on his birthday as well as hailing his contribution
Published 19 Jul, 2010 12:00am
Thirty killed in three mine accidents

Thirty killed in three mine accidents

At least 30 miners were killed and 13 more remained trapped in three separate coal mine accidents in China during the weekend, state media reported, highlighting the country's struggle to improve its mine safety record.
Published 19 Jul, 2010 12:00am
Spanish parliament to debate ban on public burqas

Spanish parliament to debate ban on public burqas

Spanish lawmakers will debate barring burqas in public, joining other European countries considering similar moves on the grounds that the body-covering garments are degrading to women, the leading opposition party said Sunday.
Published 19 Jul, 2010 12:00am
Deadly Kabul suicide attack strikes ahead of key conference

Deadly Kabul suicide attack strikes ahead of key conference

A suicide bomber on a bicycle struck a bustling street in the Afghan capital on Sunday, killing three people and wounding dozens more two days ahead of a major international conference. Nato and Afghan security forces are stepping up security in Kabul to
Published 19 Jul, 2010 12:00am
Doubts among US public over Afghanistan deepening: Biden

Doubts among US public over Afghanistan deepening: Biden

US Vice President Joe Biden said on Sunday it was too soon to judge if a surge of US troops into Afghanistan was winning the war and insisted he bore no ill will toward General Stanley McChrystal.
Published 19 Jul, 2010 12:00am
Single gunman kills 17 in Mexico party slaughter

Single gunman kills 17 in Mexico party slaughter

An attacker armed with a machine gun mowed down party-goers in a pre-dawn attack outside the northern Mexican city of Torreon Sunday, leaving at least 17 people dead, police and officials said.
Published 19 Jul, 2010 12:00am
US on track for Iraq troop drawdown despite woes

US on track for Iraq troop drawdown despite woes

The United States remains on track for its drawdown in troops from Iraq by August despite the political stalemate in Baghdad, US Vice President Joe Biden said in an interview broadcast Sunday. "There is a transition government. There is a government in pl
Published 19 Jul, 2010 12:00am
BP mulling break-up after Gulf of Mexico oil spill: report

BP mulling break-up after Gulf of Mexico oil spill: report

Oil giant BP could split itself up by scaling back its US operations and selling refineries and petrol stations in the wake of the Gulf of Mexico oil spill, Britain's Sunday Times newspaper reported.
Published 19 Jul, 2010 12:00am
BP hopes to keep blown well capped

BP hopes to keep blown well capped

BP Plc said on Sunday its new cap has stopped the oil that has gushed into the Gulf of Mexico for three months and hopes to keep it that way until a relief well can permanently seal the leak next month. The British energy giant, which cut off the flow of
Published 19 Jul, 2010 12:00am
Asean concerned by South Korea ship sinking, Gaza

Asean concerned by South Korea ship sinking, Gaza

Foreign ministers of the Association of Southeast Asian Nations (Asean) shared "deep concern" at the sinking of a South Korean warship, says a draft document which also calls for unimpeded aid access to Gaza. "We expressed deep concern over the sinking of
Published 19 Jul, 2010 12:00am
Iran MPs pass bill for 20 percent uranium enrichment

Iran MPs pass bill for 20 percent uranium enrichment

Iranian MPs on Sunday passed a bill obligating Tehran to continue 20-percent uranium enrichment, defying mounting Western pressure to halt such work, Fars news agency reported. "The outlines of the bill were adopted by 171 MPs out of 200 present," Fars sa
Published 19 Jul, 2010 12:00am
Child protection policy to be tabled in cabinet soon

Child protection policy to be tabled in cabinet soon

"National Child Protection Policy", due to promote secure environment for children ensuring their protection against all forms of violence, abuse, discrimination, negligence and exploitation, is ready to be submitted in the cabinet for approval.
Published 19 Jul, 2010 12:00am
Brilliant student from Mardan seeks help

Brilliant student from Mardan seeks help

A brilliant science student from Mardan who aspires to become a scientist has appealed to the chief minister to finance his studies as he has qualified the entry test for admission to Ghulam Ishaq Khan Institute of Engineering Sciences and Technology but
Published 19 Jul, 2010 12:00am
Minister blasts Jinnah Hospital rape incident

Minister blasts Jinnah Hospital rape incident

Federal Minister for Minorities, Shahbaz Bhatti has strongly condemned incident of rape of a student nurse of Jinnah Hospital Karachi, calling it a heinous act against humanity. He said the rapists of innocent nurse cannot escape from punishment and will
Published 19 Jul, 2010 12:00am
Fake degrees' issue termed conspiracy against government

Fake degrees' issue termed conspiracy against government

Information Secretary of Pakistan Peoples' Party (PPP), Fauzia Wahab has said that a well panned conspiracy has been hatched against the government by raising the issue of fake degrees to divert the attention of government from serious issues of peace and
Published 19 Jul, 2010 12:00am
Monopolies' route to imposing 'Masawat'

Monopolies' route to imposing 'Masawat'

The dearth of 'Masawat', or equality, is often pointed out as the continuing flaw of governance of the state in Pakistan though we miss out on the bits and pieces thereof that the state often imposes by spreading misery as widely as possible. In this nobl
Published 19 Jul, 2010 12:00am
An end to financial crises? US cracks down on Wall Street

An end to financial crises? US cracks down on Wall Street

Less than two years after Wall Street's latest meltdown, US President Barack Obama believes he has found the answer - a mammoth 2,000-page package of reforms that will prevent another financial crisis from ever happening again.
Published 19 Jul, 2010 12:00am
Is financial liberalisation impeding industrial sector's growth?

Is financial liberalisation impeding industrial sector's growth?

In the theoretical literature on financial liberalisation and growth three types of views are available. First, Joseph Schumpeter argued that the services provided by financial intermediaries, encourage economic development through channelling society's f
Published 19 Jul, 2010 12:00am
All is not quiet on the eastern front

All is not quiet on the eastern front

"Pakistan must punish the Mumbai attackers," continued to clamour the Indian delegation, led by Foreign Minister S M Krishna.
Published 19 Jul, 2010 12:00am
Second round of strategic dialogue

Second round of strategic dialogue

All is set for holding the second round of the Pak-US strategic dialogue in Islamabad. President Obama's special envoy Richard Holbrooke is already in the capital and has met President Zardari. Secretary Clinton, who is to head the US team, is scheduled t
Published 19 Jul, 2010 12:00am
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