AGL 40.25 Increased By ▲ 0.22 (0.55%)
AIRLINK 127.90 Increased By ▲ 0.20 (0.16%)
BOP 6.70 Increased By ▲ 0.09 (1.36%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.92 Increased By ▲ 0.13 (1.48%)
DFML 41.67 Increased By ▲ 0.09 (0.22%)
DGKC 86.40 Increased By ▲ 0.61 (0.71%)
FCCL 32.65 Increased By ▲ 0.16 (0.49%)
FFBL 65.00 Increased By ▲ 0.97 (1.51%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 113.55 Increased By ▲ 2.78 (2.51%)
HUMNL 14.89 Decreased By ▼ -0.18 (-1.19%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.33 Decreased By ▼ -0.12 (-1.61%)
MLCF 40.50 Decreased By ▼ -0.02 (-0.05%)
NBP 61.64 Increased By ▲ 0.59 (0.97%)
OGDC 196.50 Increased By ▲ 1.63 (0.84%)
PAEL 27.44 Decreased By ▼ -0.07 (-0.25%)
PIBTL 7.35 Decreased By ▼ -0.46 (-5.89%)
PPL 155.19 Increased By ▲ 2.66 (1.74%)
PRL 26.40 Decreased By ▼ -0.18 (-0.68%)
PTC 16.30 Increased By ▲ 0.04 (0.25%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.79 Decreased By ▼ -0.17 (-2.14%)
TOMCL 36.40 Decreased By ▼ -0.20 (-0.55%)
TPLP 8.85 Increased By ▲ 0.19 (2.19%)
TREET 16.73 Decreased By ▼ -0.93 (-5.27%)
TRG 62.75 Increased By ▲ 4.13 (7.05%)
UNITY 28.61 Increased By ▲ 1.75 (6.52%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 10,134 Increased By 134.2 (1.34%)
BR30 31,430 Increased By 427.6 (1.38%)
KSE100 95,171 Increased By 979.5 (1.04%)
KSE30 29,562 Increased By 361.1 (1.24%)
Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-08-08
Toyota to start Prius production in Thailand

Toyota to start Prius production in Thailand

Toyota Motor will start producing the Prius hybrid in Thailand this year, stepping up overseas output of the fuel-sipping vehicles amid swelling global demand, reports said Saturday. Toyota, the front-runner in hybrid cars that use two power sources - a p
Published 08 Aug, 2010 12:00am
Spain tourism body seeks end to air strike threat

Spain tourism body seeks end to air strike threat

Spain's travel companies association urged air traffic controllers on Saturday to accept a government offer of arbitration to avoid a strike that could wreak economic havoc at the height of the tourist season. Talks between Spain's airport authority AENA
Published 08 Aug, 2010 12:00am
Iran cancels gas contract with UAE's Crescent

Iran cancels gas contract with UAE's Crescent

Iran has cancelled a gas contract with UAE-based Crescent Petroleum with which it has had a long-standing dispute over the supply of Iranian gas, the head of the National Iranian Oil Company (NIOC) said on Saturday. NIOC and Sharjah-headquartered Crescent
Published 08 Aug, 2010 12:00am
Iran drops LNG project under energy policy review

Iran drops LNG project under energy policy review

Iran is abandoning a project to produce liquefied natural gas (LNG) as part of a policy review that will see Tehran focusing more on exporting gas through pipelines, a top oil official said. "The oil ministry is currently focusing on gas exports by pipeli
Published 08 Aug, 2010 12:00am
SAIC July auto sales slow

SAIC July auto sales slow

Top Chinese automaker SAIC Motor Corp sold 24.6 percent more vehicles in July than a year earlier, its slowest gain any month this year as the world's largest auto market cools down after a roaring 2009. SAIC, which runs vehicle manufacturing ventures wit
Published 08 Aug, 2010 12:00am
Venezuela confirms $3 billion bond issue

Venezuela confirms $3 billion bond issue

Opec member Venezuela will issue $3 billion in new bonds later this year and has paid up a $1.5 billion tranche of maturing debt, a senior Central Bank official was quoted as telling a state newspaper on Saturday. Bank director Armando Leon said Venezuela
Published 08 Aug, 2010 12:00am
Venezuela confirms $3 billion bond issue

Venezuela confirms $3 billion bond issue

Opec member Venezuela will issue $3 billion in new bonds later this year and has paid up a $1.5 billion tranche of maturing debt, a senior Central Bank official was quoted as telling a state newspaper on Saturday. Bank director Armando Leon said Venezuela
Published 08 Aug, 2010 12:00am
Bangladesh signs $1 billion credit deal with India

Bangladesh signs $1 billion credit deal with India

Bangladesh signed a $1 billion credit deal with India on Saturday, six months after it was offered during a visit by Prime Minister Sheikh Hasina, as the neighbours vowed to improve ties and boost economic co-operation. The signing was witnessed by Indian
Published 08 Aug, 2010 12:00am
Canadian bond prices firmer

Canadian bond prices firmer

Canadian bond prices were firmer across the curve after the domestic jobs data, which added to recent evidence that the country's recovery is starting to slow. Softer US equities also contributed to investors favouring the safety of government bonds. Anal
Published 08 Aug, 2010 12:00am
Canadian bond prices firmer

Canadian bond prices firmer

Canadian bond prices were firmer across the curve after the domestic jobs data, which added to recent evidence that the country's recovery is starting to slow. Softer US equities also contributed to investors favouring the safety of government bonds. Anal
Published 08 Aug, 2010 12:00am
China yields fall after strong government sale

China yields fall after strong government sale

Chinese bill and bond yields fell on Friday after a strong auction of nine-month bills by the financing ministry amid ample money market liquidity. The ministry sold 10 billion yuan ($1.5 billion) of the bills at an average yield of 1.8843 percent, in lin
Published 08 Aug, 2010 12:00am
China yields fall after strong government sale

China yields fall after strong government sale

Chinese bill and bond yields fell on Friday after a strong auction of nine-month bills by the financing ministry amid ample money market liquidity. The ministry sold 10 billion yuan ($1.5 billion) of the bills at an average yield of 1.8843 percent, in lin
Published 08 Aug, 2010 12:00am
IPO filing date slips, officials acknowledge concern

IPO filing date slips, officials acknowledge concern

US taxpayers were already mad about getting stuck with a $50 billion tab for bailing out a poorly managed General Motors. Now, the Obama administration will try to convince a sceptical public that a sale from a better-run GM is in their best interests.
Published 08 Aug, 2010 12:00am
South Korea bond yields at two-week high

South Korea bond yields at two-week high

South Korean government bond yields and interest rate swaps bounced to their highest in more than two weeks, bracing for a possible rate hike as a monthly monetary policy board meeting drew closer. Analysts suspect the Bank of Korea will either step up it
Published 08 Aug, 2010 12:00am
South Korea bond yields at two-week high

South Korea bond yields at two-week high

South Korean government bond yields and interest rate swaps bounced to their highest in more than two weeks, bracing for a possible rate hike as a monthly monetary policy board meeting drew closer. Analysts suspect the Bank of Korea will either step up it
Published 08 Aug, 2010 12:00am
India bond yields slip on short-covering

India bond yields slip on short-covering

Indian federal bond yields and swap rates slipped on Friday after a deputy governor at the central bank said adequate measures had been taken to contain inflation and that food prices would begin to ease on the back of good monsoon rains. The yield on the
Published 08 Aug, 2010 12:00am
India bond yields slip on short-covering

India bond yields slip on short-covering

Indian federal bond yields and swap rates slipped on Friday after a deputy governor at the central bank said adequate measures had been taken to contain inflation and that food prices would begin to ease on the back of good monsoon rains. The yield on the
Published 08 Aug, 2010 12:00am
Toronto main stocks index rises

Toronto main stocks index rises

Toronto's main stock index finished higher on Friday as strong gold prices helped push up its materials sector and overcome weakness spurred by weak Canadian and US jobs reports. Gold prices rose to their highest level in three weeks as weak US economic d
Published 08 Aug, 2010 12:00am
Treasuries rally

Treasuries rally

US Treasuries prices rallied on Friday, sending two-year yields to record lows again as dismal jobs data rekindled speculation the Federal Reserve could consider new stimulus measures as early as next week. Private-sector job growth stagnated at anaemic l
Published 08 Aug, 2010 12:00am
Treasuries rally

Treasuries rally

US Treasuries prices rallied on Friday, sending two-year yields to record lows again as dismal jobs data rekindled speculation the Federal Reserve could consider new stimulus measures as early as next week. Private-sector job growth stagnated at anaemic l
Published 08 Aug, 2010 12:00am
Turkish assets rebound, bonds gain, stocks recoup losses

Turkish assets rebound, bonds gain, stocks recoup losses

Turkish assets rebounded on Friday after investors shrugged off concerns about political tension and deadlock over the selection of two key military leaders, but Akbank's poor earnings crimped share gains. Akbank, Turkey's largest bank by market value whi
Published 08 Aug, 2010 12:00am
US corporate bond spreads widen

US corporate bond spreads widen

US corporate bond spreads widened on Friday as a disappointing jobs report weighed on sentiment and the market digested the biggest week of new supply this year. US private employers added fewer workers to their payrolls in July than expected and hiring i
Published 08 Aug, 2010 12:00am
US corporate bond spreads widen

US corporate bond spreads widen

US corporate bond spreads widened on Friday as a disappointing jobs report weighed on sentiment and the market digested the biggest week of new supply this year. US private employers added fewer workers to their payrolls in July than expected and hiring i
Published 08 Aug, 2010 12:00am
Emerging Markets: Latam stocks hit by weak US jobs

Emerging Markets: Latam stocks hit by weak US jobs

Latin American stocks fell on Friday after weak jobs data in the United States fed fears that the US economic recovery is faltering. Stocks, though, cut losses on hopes the US central bank could soon take fresh measures to boost growth. The MSCI Latin Ame
Published 08 Aug, 2010 12:00am
Wall Street slips on jobs data

Wall Street slips on jobs data

US stocks fell on Friday after government data showed a larger-than-expected drop in July payrolls, giving investors a stark reminder the economic recovery remains slow. Stocks had been rising over the past five weeks, largely on the back of solid corpora
Published 08 Aug, 2010 12:00am
Forex outlook: Russia drought will have wider forex impact

Forex outlook: Russia drought will have wider forex impact

Russia's ban on wheat exports as it struggles with its worst drought in 130 years could prove a windfall for investors betting on gains in the Canadian and Australian dollars, analysts say. While investors were already betting that commodity producers wer
Published 08 Aug, 2010 12:00am
Key Euribor rate hit new year high

Key Euribor rate hit new year high

Key euro interbank lending rates hit new 12-month highs on Friday after the European Central Bank said nothing to change expectations it will gradually scale back its lending support in the coming months. The three-month Euribor rate - traditionally the m
Published 08 Aug, 2010 12:00am
Taiwan dollar near three-month high

Taiwan dollar near three-month high

The Taiwan dollar hit a near three-month high on Friday as the US currency fell globally after jobless claims in the world No 1 economy raised concerns that payroll data could signal a faltering recovery. The local currency ended 0.1 percent higher agains
Published 08 Aug, 2010 12:00am
Canadian dollar tumbles

Canadian dollar tumbles

The Canadian dollar tumbled more than a penny to a one-week low against the US currency on Friday, while government bonds climbed as weak Canadian and US job reports for July suggested a softening economic recovery. The currency fell after a Canadian empl
Published 08 Aug, 2010 12:00am
Dollar nears 15-year low versus yen

Dollar nears 15-year low versus yen

The US dollar approached a 15-year low against the yen on Friday and fell against the euro after news that the United States' economy shed twice as many jobs in July as expected added to worries about the recovery. Analysts said the weak jobs report, comb
Published 08 Aug, 2010 12:00am
Euro and Yen seen more volatile this month: poll

Euro and Yen seen more volatile this month: poll

Euro and yen volatility against the dollar looks like gaining momentum in coming weeks, according to the monthly Reuters foreign exchange poll which saw a less turbulent month ahead for sterling. Signs of weaker US growth have hammered the dollar in recen
Published 08 Aug, 2010 12:00am
Kenyan shilling

Kenyan shilling

The Kenyan shilling was steady against the dollar on Friday as traders took time to assess the likely impact of the east African nation's new constitution on dollar flows from abroad. Commercial banks exchanged the shilling at 79.55/65 per dollar in early
Published 08 Aug, 2010 12:00am
Speculators increase net short dollar position

Speculators increase net short dollar position

Currency speculators increased net short dollar positions in the latest week, data from the Commodity Futures Trading Commission showed on Friday. The value of the dollar's net short position was $15.5 billion in the week ended August 3, up from a net sho
Published 08 Aug, 2010 12:00am
Record crowd at Soccer City in first post-World Cup event

Record crowd at Soccer City in first post-World Cup event

A record 87,000 spectators filed into Johannesburg's Soccer City stadium for South Africa's season-opening Charity Cup on Saturday, less than a month after the arena hosted the World Cup final. The country's Premier Soccer League (PSL) said it had sold 80
Published 08 Aug, 2010 12:00am
Pakistan women to feature in ICC Challenge

Pakistan women to feature in ICC Challenge

Pakistan is one of six teams set to contest the inaugural International Cricket Council (ICC) Women's Cricket Challenge scheduled for South Africa in October. Pakistan will clash with West Indies, Sri Lanka, the Netherlands, Ireland and hosts South Africa
Published 08 Aug, 2010 12:00am
Men's top 10 to be without Americans for first time

Men's top 10 to be without Americans for first time

Andy Roddick's upset loss to 13th-seeded Frenchman Gilles Simon at the Washington Classic means no American man will be in the top 10 for the first time in the ranking system's 37-year history. The 27-year-old Roddick, currently ninth in the world, will t
Published 08 Aug, 2010 12:00am
Laxman hits ton to secure India Test win

Laxman hits ton to secure India Test win

Venkatsai Laxman overcame back spasms to hit an unbeaten 103 as India defeated Sri Lanka by five wickets in the final Test on Saturday to draw the three-match series 1-1. Sachin Tendulkar chipped in with 54 and Suresh Raina made 41 not out to help India s
Published 08 Aug, 2010 12:00am
Rs 2.5 million grant for volleyball team sought

Rs 2.5 million grant for volleyball team sought

Pakistan Volleyball Federation (PVF) has formally requested Pakistan Sports Board (PSB) for providing special grant of Rs 2.5 million to enable the volleyball team participate in international events. Pakistan's volleyball team is scheduled to participate
Published 08 Aug, 2010 12:00am
Nalbandian ends drought with run to ATP semi-final

Nalbandian ends drought with run to ATP semi-final

Former world number three David Nalbandian, who has missed the past six Grand Slam events with injuries, reached his first ATP semi-final in 18 months on Friday at the Washington Classic. The 117th-ranked Argentine rallied to oust Frenchman Gilles Simon 3
Published 08 Aug, 2010 12:00am
Pennetta beats Stosur to reach San Diego semi-finals

Pennetta beats Stosur to reach San Diego semi-finals

French Open runner-up Samantha Stosur of Australia was ousted from the 700,000-dollar WTA San Diego Open on Friday, losing a quarter-final 6-4, 6-3 to Italian fifth seed Flavia Pennetta. Second seed Stosur joined Serbian top seed Jelena Jankovic and Russi
Published 08 Aug, 2010 12:00am
'I'm no puppet' for ICC factions, says Isaac

'I'm no puppet' for ICC factions, says Isaac

New Zealander Alan Isaac says he is not a puppet and does not feels like a third-rate choice after his nomination as vice-president of cricket's global governing body, reports said Saturday. Isaac is Cricket Australia and New Zealand Cricket's nomination
Published 08 Aug, 2010 12:00am
Football is on strong footings in Pakistan: PFF Chief

Football is on strong footings in Pakistan: PFF Chief

Pakistan Football Federation (PFF)'s President Makhdoom Syed Faisal Saleh Hayat has said that the launch of Vision Asia was a milestone in the country's football history. "We have made significant progress in the promotion and development of football in P
Published 08 Aug, 2010 12:00am
Umar Gul out with hamstring tear

Umar Gul out with hamstring tear

Pakistan seamer Umar Gul was ruled out of the remainder of the ongoing second Test against England on Saturday with a torn hamstring, team manager Yawar Saeed said. First-change Gul sustained the injury while running in to bowl on the second day at Edgbas
Published 08 Aug, 2010 12:00am
Ajmal takes five but England still in command

Ajmal takes five but England still in command

Pakistan off-spinner Saeed Ajmal claimed his maiden five-wicket haul in tests but England were still in command of the second test as they held a first-innings lead of 179 runs after tea on day two at Edgbaston on Saturday. Ajmal took five for 82, includi
Published 08 Aug, 2010 12:00am
Kagan sworn in as 112th justice in US Supreme Court

Kagan sworn in as 112th justice in US Supreme Court

Elena Kagan became the fourth female justice in history on Saturday and the 112th US Supreme Court member after President Barack Obama won Senate approval for his second appointment to the high court. Kagan, formerly Obama's solicitor general in arguing U
Published 08 Aug, 2010 12:00am
More than 2,100 dead, missing in China floods

More than 2,100 dead, missing in China floods

The number of people killed or missing in devastating floods across China this year has risen to more than 2,100, according to the government, as weather authorities warn of yet more rain. The nation's civil affairs ministry said late Friday 1,454 people
Published 08 Aug, 2010 12:00am
US astronauts begin key ISS repair spacewalk

US astronauts begin key ISS repair spacewalk

Two International Space Station astronauts set out Saturday on the first of two spacewalks to fix a cooling pump that dramatically failed last week. ISS astronauts will need at least two spacewalks to remove the failed ammonia pump unit and replace it wit
Published 08 Aug, 2010 12:00am
Cargo ships collide off Mumbai, no casualties: report

Cargo ships collide off Mumbai, no casualties: report

Two Panamanian cargo ships collided Saturday off the Mumbai coast, causing an oil spill from one of the vessels, but there no casualties, Indian Coast Guard officials said. Thirty-three crew members were rescued following the incident, the officials said,
Published 08 Aug, 2010 12:00am
Massive ice island breaks off Greenland glacier

Massive ice island breaks off Greenland glacier

A massive ice island four times the size of Manhattan has broken off an iceberg in north-western Greenland, a researcher at a US university said. Andreas Muenchow at the University of Delaware said in a statement Friday that the last time the Arctic lost
Published 08 Aug, 2010 12:00am
Campbell 'dirty stones' are diamonds: South African police

Campbell 'dirty stones' are diamonds: South African police

South African police said Saturday the uncut gems Naomi Campbell received after meeting Liberian strongman Charles Taylor at a 1997 charity dinner are real diamonds and that they may question the model. "They are real diamonds, handed back to us now, and
Published 08 Aug, 2010 12:00am
Two Saudi border guards die in clash with smugglers

Two Saudi border guards die in clash with smugglers

Drug smugglers shot dead two Saudi border guards in a clash along Saudi Arabia's restive border with Yemen, official Saudi media reported on Saturday. The clash along a porous border that has seen conflict between Saudi Arabia and Yemeni Shia rebels, took
Published 08 Aug, 2010 12:00am
Iran meddling to fill void in Iraq government: poll

Iran meddling to fill void in Iraq government: poll

Iran more than any other foreign state is meddling to fill a void in Iraqi politics five months after a general election left the war-wracked nation without a new government, a poll said Saturday. Asked about the present political hiatus which appears to
Published 08 Aug, 2010 12:00am
Two Danish troops killed in Afghanistan: military

Two Danish troops killed in Afghanistan: military

Two Danish soldiers were killed and three others were injured, two of them seriously, in a bomb attack in the southern Helmand province in Afghanistan, the Danish military said Saturday. "It is with great sorrow that I today have received word that a road
Published 08 Aug, 2010 12:00am
Protesters seize Bolivian airfield, seal off Potosi

Protesters seize Bolivian airfield, seal off Potosi

Anti-government protesters who for nine days have sealed off Potosi seized its airfield Friday, stranding scores of foreign tourists in the southern city high in the Bolivian Andes. The action was the latest in a series of demonstrations by local resident
Published 08 Aug, 2010 12:00am
Turkish group may send new mission to Gaza

Turkish group may send new mission to Gaza

The group behind a convoy to Gaza that ended when Israeli forces stormed the ships and killed nine activists said on Saturday it may use the vessels for another run on the blockade.
Published 08 Aug, 2010 12:00am
Bashir warns foreigners to respect government or be expelled

Bashir warns foreigners to respect government or be expelled

Sudanese President Omar Hassan al-Bashir warned foreign organisations they would be expelled if they disrespected government authority, deepening a stand-off with UN peacekeepers over six Darfuris wanted by Khartoum. The six are accused by Sudan of instig
Published 08 Aug, 2010 12:00am
Gaza power plant shuts down for lack of fuel

Gaza power plant shuts down for lack of fuel

The Gaza Strip's sole power plant shut down on Saturday for lack of diesel fuel, a Palestinian power authority official said. Kanaan Obeid, assistant director of Gaza's electricity authority, said the plant, which provides 25 percent of Gaza's power, was
Published 08 Aug, 2010 12:00am
Lebanon bent on building up army after Israel clash

Lebanon bent on building up army after Israel clash

Lebanon said on Saturday it was committed to building up its armed forces after complaints by Israel about Western assistance to the military following a deadly border clash between the two countries. Two Lebanese soldiers, a Lebanese journalist and a sen
Published 08 Aug, 2010 12:00am
Russian troops dig canal to bar fire from atom site

Russian troops dig canal to bar fire from atom site

Russian troops dug a 8-km (5-mile) long canal to keep fires caused by a record heatwave away from a nuclear arms site, local media said on Saturday as air pollution from the crisis rose to more than six times above normal. Forest and peat fires by the hig
Published 08 Aug, 2010 12:00am
Residents flee as acrid smog blankets Moscow

Residents flee as acrid smog blankets Moscow

Residents began fleeing Moscow Saturday as the worst smog in living memory smothered the city and forced people to don protective masks against pollution over six times higher than safe levels. The wildfires which have sparked the smog were still spreadin
Published 08 Aug, 2010 12:00am
UK Muslim youths in summer camp against extremism

UK Muslim youths in summer camp against extremism

Britain's first "anti-terror" summer camp opened Saturday, with the goal of teaching Muslim youth how to rebuff extremists who try to recruit them at schools and in online chat rooms. The three-day event hopes to equip hundreds of students with arguments
Published 08 Aug, 2010 12:00am
Iraq's Maliki still wants Prime Minister job despite impasse

Iraq's Maliki still wants Prime Minister job despite impasse

Iraqi Prime Minister Nuri al-Maliki acknowledged he was "part of the problem" holding up the formation of a new Iraq government but challenged allies and opponents to find a better candidate for the top job. Five months after an election Iraqis hoped woul
Published 08 Aug, 2010 12:00am
Fidel Castro back in parliament, speaks against war

Fidel Castro back in parliament, speaks against war

Former President Fidel Castro addressed Cuba's parliament in his first public government act in four years on Saturday, and appealed to world leaders, including US President Barack Obama, to avoid a nuclear war. The return of the veteran 83-year-old Cuban
Published 08 Aug, 2010 12:00am
Russia accuses US of loose weapons control

Russia accuses US of loose weapons control

Russia accused the United States on Saturday of breaching its obligations over the non proliferation of weapons, a sign of strained relations between the two powers. The charge came after a new arms control treaty between the United States and Russia suff
Published 08 Aug, 2010 12:00am
14 killed in south Iraq

14 killed in south Iraq

Fourteen people were killed in an apparent electricity generator explosion in Iraq's southern port city of Basra on Saturday, officials said. The blast occurred at around 7:15 pm (1615 GMT) in the crowded Ashaar market in the centre of the city, 450 kilom
Published 08 Aug, 2010 12:00am
Iraq takes delivery of American tanks

Iraq takes delivery of American tanks

Iraq on Saturday took delivery of the first 11 of 140 American M1A1 Abrams tanks, just weeks before the US military ends its combat mission here and pulls thousands of its troops out of the country. The remainder of the order will be completed by the end
Published 08 Aug, 2010 12:00am
China gold mine fire kills 16

China gold mine fire kills 16

A fire at a gold mine in eastern China killed 16 people, while more than 300 were lifted to safety, state news agency Xinhua said on Saturday. Rescuers had brought out the last of those trapped underground and 39 remained in hospital, most without life-th
Published 08 Aug, 2010 12:00am
Westerners in Saudi Arabia face attack threat: US embassy

Westerners in Saudi Arabia face attack threat: US embassy

The US Embassy in Saudi Arabia said Westerners face possible attack from unidentified extremists in the central province of al-Qassim, in the first warning of its kind this year. "We have received credible information that an unidentified extremist (s) in
Published 08 Aug, 2010 12:00am
Are pilots over age 60 safe?

Are pilots over age 60 safe?

What a contradiction, when on the one hand PIA pilots get tax-free allowances on grounds of Paris Artists Convention, and on the other hand the management wants to rehire retired pilots for utilisation beyond 60 years till the age of 65. Is the CAA aware
Published 08 Aug, 2010 12:00am
As oil spill wanes, it's getting baby birds

As oil spill wanes, it's getting baby birds

The oil may be slowly disappearing from the Gulf of Mexico, at least on the surface. But the toxic brew continues to leave its deadly mark, now showing up on the wings of fledglings, the young birds on the verge of claiming their birthright of flight. For
Published 08 Aug, 2010 12:00am
Population explosion in Pakistan

Population explosion in Pakistan

Pakistan is facing numerous problems, including food, drinking water, education, health, unemployment and shelter. The reasons are well-known, but nobody even once tried to understand that behind all these problems, there is one major reason and that is t
Published 08 Aug, 2010 12:00am
In search of freedom

In search of freedom

The telling blow the society suffers from mud-slinging, changing loyalties and misuse of power through inefficiency, corruption and nepotism needs no introduction. Such adventurism is directly liable for the psychological, social and economic instability
Published 08 Aug, 2010 12:00am
Persona-specific terrorism

Persona-specific terrorism

In what seems to be a change of strategy the terrorists are now zeroing in on specified individuals instead of striking at public places for indiscriminate killings. The latest victim of the new strategy is Commandant of Frontier Constabulary Safwat Ghayy
Published 08 Aug, 2010 12:00am
Pakistan flood 2010

Pakistan flood 2010

Pictures and video clips appearing in Washington Post and New York Times highlight the sufferings of the flood affected population. As floodwaters rush towards Sindh after ravaging Khyber-Pakhtunkhwa, the latter emerges as the most badly hit province so f
Published 08 Aug, 2010 12:00am
200 commandos to be deployed at various places: DPO

200 commandos to be deployed at various places: DPO

Police have finalised special security measures for the Holy month of Ramazan while 200 commandos of police force would also be deployed in the city, said DPO Hyderabad Munir Ahmed Shaikh. In a news release issued here on Friday, the DPO said that besides
Published 08 Aug, 2010 12:00am
Two kids killed as roof collapses

Two kids killed as roof collapses

Two children were killed while one sustained injuries when roof of a house collapsed at Tarpapain located in the vicinity of Union Council Bahbeer Kund here on Saturday. Three children were in a house of Gull Hassan when roof of the house fell on them, re
Published 08 Aug, 2010 12:00am
Homage paid to Shaheed Major Tufail

Homage paid to Shaheed Major Tufail

Pakistan Army and the nation Saturday paid tributes to brave Major Tufail Shaheed (Nishan-e-Haider) on his 52nd anniversary, a private news channel reported. Major Tufail was an honest and brave soldier who always strived to defend his motherland at all c
Published 08 Aug, 2010 12:00am
Pampers-UNICEF campaign: Shaan stresses importance of vaccination

Pampers-UNICEF campaign: Shaan stresses importance of vaccination

Film star, Shaan continued to pledge his support to the Pampers-UNICEF '1 Pack = 1 Life Saving Vaccine' campaign as he made a personal appearance at Hyperstar, Fortress Stadium Lahore to talk to mothers, fathers and media fraternity to raise awareness of
Published 08 Aug, 2010 12:00am
Power consumers urged to adopt precautionary measures

Power consumers urged to adopt precautionary measures

Chief Executive, Lahore Electric Supply Company (Lesco) Saleem Akhtar has requested general public and electricity consumers to adopt precautionary measures during the rainy season. Saleem Akhtar said consumers must not touch electric poles or cables and
Published 08 Aug, 2010 12:00am
LHC constitutes 8 DBs, 19 SBs

LHC constitutes 8 DBs, 19 SBs

Chief Justice Lahore High Court (LHC) Khawaja Muhammad Sharif here on Saturday constituted 8 division benches (DBs) and 19 single benches (SBs) for disposal of the cases pending with principal seat for week starting from August 9. The DBs are headed by Ch
Published 08 Aug, 2010 12:00am
PEF announces result of ninth QAT

PEF announces result of ninth QAT

The Punjab Education Foundation (PEF) on Saturday has announced the result of 9th Quality Assurance Test (QAT) of the Foundation Assisted Schools (FAS). According to the result, 1,335 partner schools from 29 districts took part in it. A total number of 1,
Published 08 Aug, 2010 12:00am
Militant commander killed in explosion

Militant commander killed in explosion

A militant commander was killed and his two other accomplices sustained injuries in a roadside explosion at Alingarm tehsil Safi, Mohmand Agency. According to details the militant commander and his accomplices were planting explosive when it blown up resu
Published 08 Aug, 2010 12:00am
NH&MP officers urged to maintain standards of professionalism

NH&MP officers urged to maintain standards of professionalism

Dr Wasim Kausar, IG National Highways and Motorway Police (NH&MP) has said that motorway police is proud to be declared as a corruption free organisation, listed with 13 countries of the world. This has not only put the name of NH&MP in good books at inte
Published 08 Aug, 2010 12:00am
Government asked to come up with comprehensive agriculture policy

Government asked to come up with comprehensive agriculture policy

The government should come up with a comprehensive agriculture policy, having an appropriate size of landholding of 5 hectares each and distribution of 8.25 million hectares uncultivated but cultivable land to 1,650,000 landless farmers as its ingredients
Published 08 Aug, 2010 12:00am
'Medical institutions' boards functional'

'Medical institutions' boards functional'

A spokesman of health department of Punjab has said that the Boards of Management (BoMs) of Autonomous Medical Institutions, constituted under section-6 of Punjab Medical and Health Institutions Act 2003, have not been dissolved and these are functional.
Published 08 Aug, 2010 12:00am
Seeking release of Dr Aafia siddiqui: lawyers leave for Islamabad

Seeking release of Dr Aafia siddiqui: lawyers leave for Islamabad

A caravan consisting of lawyers and representatives of civil society left for Islamabad on foot here on Saturday from GPO Chowk to press their demand for the release of Dr Aafia Siddiqui and all missing persons. Representatives of Supreme Court Bar Associ
Published 08 Aug, 2010 12:00am
International moot on 'Halal Industry' on August 9

International moot on 'Halal Industry' on August 9

Halal Research Council is organising an international conference and expo on "Halal Industry" at Expo Centre on Monday (tomorrow). Minister of Religious Affairs-Penang Malaysia YB Haji Abdul Malik Kassim, Federal Minister for Tourism Maulana Atta-ur-Rehma
Published 08 Aug, 2010 12:00am
Model Town, Cantonment courts: Chief Justice LHC pays surprise visit

Model Town, Cantonment courts: Chief Justice LHC pays surprise visit

Lahore High Court (LHC) Chief Justice (CJ) Khawaja Muhammad Sharif here Saturday paid surprise visit to Model Town and Cantonment courts and heard problems of lawyers as well as the litigants. Justice Sh. Azmat Saeed, Registrar and Member Inspection Team
Published 08 Aug, 2010 12:00am
Met Office warns of urban flooding

Met Office warns of urban flooding

The Met Office on Saturday warned of a possible urban flooding in Karachi, Hyderabad and other cities of Sindh in next 2-3 days in the wake of widespread rains in the province. According to the Advisory-7 of the Met Office, the province is likely to recei
Published 08 Aug, 2010 12:00am
UN links relief funds with assessment of losses

UN links relief funds with assessment of losses

The United Nations is reluctant to announce relief package for the victims of flash floods in Pakistan and has linked the release of funds with assessment of losses for right use of aid money for rehabilitation. In an exclusive interview with Business
Published 08 Aug, 2010 12:00am
47 dead in Skardu, Ghanchhe flooding

47 dead in Skardu, Ghanchhe flooding

At least 47 people were killed and various others went missing in flooding in District Skardu and Ghanchhe. Various areas were inundated in the flood, as lashing rains are underway in Skardu and Ghanchhe, triggering the flood of high degree in Indus River
Published 08 Aug, 2010 12:00am
Sharif brothers should set up camp in Raiwind: Elahi

Sharif brothers should set up camp in Raiwind: Elahi

Pakistan Muslim League-Q senior leader and former Punjab Chief Minister, Chaudhry Parvez Elahi Saturday advised Sharif brothers to establish a temporary residential camp for flood affectees at Jati Umra, Raiwind. Addressing the lawyers' convention here Sa
Published 08 Aug, 2010 12:00am
National Assembly session postponed

National Assembly session postponed

Acting President of Pakistan Farooq H Naek on Saturday postponed the National Assembly session, scheduled to be held on Monday, August 9, 2010. According to a senior official, the 24th session of the Assembly has been postponed owing to the tough engageme
Published 08 Aug, 2010 12:00am
Residents in vulnerable areas of Hyderabad asked to evacuate

Residents in vulnerable areas of Hyderabad asked to evacuate

The Administrator, District Government Hyderabad, in exercise of the powers conferred under section 144 Cr. PC has imposed ban on residents/people/all vulnerable communities living near bunds of Indus River/canals within the limits of Hyderabad District a
Published 08 Aug, 2010 12:00am
Protective bunds: ministers review progress

Protective bunds: ministers review progress

Sindh Minister for Fisheries, Zahid Ali Bhurgri and Minister for Special Education, Syed Ali Nawaz Shah Rizvi, assigned to look after the ongoing flood fighting measures in Hyderabad, Saturday visited different protective bunds from Hussainabad to Mula Ka
Published 08 Aug, 2010 12:00am
Survey to assess flood losses in Bujwat, Chaprar areas

Survey to assess flood losses in Bujwat, Chaprar areas

Federal Population Welfare Minister, Dr Firdous Ashiq Awan has said that government was monitoring prevailing flood situation in the country and will fulfil its responsibilities in this regard. Talking to media persons on Saturday after visiting the flood
Published 08 Aug, 2010 12:00am
PML-N expedites relief efforts

PML-N expedites relief efforts

Pakistan Muslim League-Nawaz (PML-N) has speeded up relief efforts for the flood victims and so far, cash donations of around Rs 100 million and goods worth Rs around 150 million have been collected under chief minister's fund for flood relief & rehabilit
Published 08 Aug, 2010 12:00am
Previous Day