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Print - 2010-11-22
US may be close to filing insider trading cases

US may be close to filing insider trading cases

Federal authorities may file a series of insider trading cases against hedge fund traders, consultants and Wall Street bankers within weeks, several lawyers familiar with the situation said.
Published 22 Nov, 2010 12:00am
US may be close to filing insider trading cases

US may be close to filing insider trading cases

Federal authorities may file a series of insider trading cases against hedge fund traders, consultants and Wall Street bankers within weeks, several lawyers familiar with the situation said.
Published 22 Nov, 2010 12:00am
Four killed in Mand firing

Four killed in Mand firing

Four persons were killed and three others were injured when unidentified gunmen shot them here at Mand area of Balochistan's Turbet district. According to official sources, armed assailants riding a motorcycle opened fire on people standing at the bus ter
Published 22 Nov, 2010 12:00am
Four killed in Mand firing

Four killed in Mand firing

Four persons were killed and three others were injured when unidentified gunmen shot them here at Mand area of Balochistan's Turbet district. According to official sources, armed assailants riding a motorcycle opened fire on people standing at the bus ter
Published 22 Nov, 2010 12:00am
The Weather

The Weather

The weather report on Sunday (November 21, 2010) and the forecast for Monday (November 22, 2010).

Published 22 Nov, 2010 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 15 to 16 2010)

Published 22 Nov, 2010 12:00am
Israel to invest 23 million dollars in Western Wall plaza

Israel to invest 23 million dollars in Western Wall plaza

Israel's cabinet on Sunday approved plans to invest millions of shekels in a five-year project to expand the plaza next to the Western Wall, one of Judaism's holiest sites in Jerusalem's Old City.
Published 22 Nov, 2010 12:00am
Woman defying Saudi drive ban dies in accident

Woman defying Saudi drive ban dies in accident

A Saudi police official says a young woman in her twenties defying a driving ban in the capital died along with three female friends when her car overturned. Major Fawaz al-Mouman said Sunday that the woman was driving her four wheel drive vehicle carryin
Published 22 Nov, 2010 12:00am
Israeli soldiers walk free in Gaza human shield case

Israeli soldiers walk free in Gaza human shield case

Two Israeli soldiers received suspended sentences and demotions on Sunday for using a Palestinian child as a human shield during the 2008-2009 Gaza war, an army spokeswoman said. The soldiers were convicted on October 3 for forcing a nine-year-old boy to
Published 22 Nov, 2010 12:00am
Britons want William, not Charles as next king

Britons want William, not Charles as next king

Prince William and his fiancée Kate Middleton should be Britain's next king and queen, not the heir to the throne Prince Charles and his wife Camilla, the Duchess of Cornwall, two polls showed on Saturday.
Published 22 Nov, 2010 12:00am
Iran to launch new satellites soon

Iran to launch new satellites soon

Iranian Defence Minister Ahmad Vahidi said on Sunday that Tehran would soon launch into space a number of its newly designed satellites, Mehr news agency reported. "Currently, we are building new satellites and soon, in the near future, some of them will
Published 22 Nov, 2010 12:00am
Iraqi MPs meet as government formation talks gather steam

Iraqi MPs meet as government formation talks gather steam

Iraqi politicians began horse-trading Sunday over the formation of a cabinet, but hopes for a quick resolution were dampened on news Nuri al-Maliki would not be named premier-designate for several days.
Published 22 Nov, 2010 12:00am
North Korea triggers concern with new nuclear plant

North Korea triggers concern with new nuclear plant

Fresh fears were raised Sunday about North Korea's nuclear ambitions as an American scientist revealed he had toured a modern, new uranium enrichment plant equipped with at least 1,000 centrifuges.
Published 22 Nov, 2010 12:00am
Japan plans troop deployment near disputed islands

Japan plans troop deployment near disputed islands

Japan plans to send non-combat troops for the first time to its westernmost island in response to Chinese naval manoeuvres in the East China Sea, a move which could infuriate its giant neighbour, the Nikkei business daily said on Sunday.
Published 22 Nov, 2010 12:00am
More than 20 militants killed as Nato targets Taliban

More than 20 militants killed as Nato targets Taliban

Three civilians and a senior police officer died in Afghanistan on Sunday, as foreign forces and officials said more than 20 militants were killed in air strikes and fighting, mainly in the restive south. The three were killed by a roadside bomb in southe
Published 22 Nov, 2010 12:00am
Taliban vow to force Nato out before 2014 pullout

Taliban vow to force Nato out before 2014 pullout

Taliban spokesman Zabihullah Mujahid said in message e-mailed to the media that Nato will be unable to establish a stable government in Afghanistan by that date. He did not mention an offer from President Hamid Karzai for peace talks and eventual reconcil
Published 22 Nov, 2010 12:00am
No benefit to trade

No benefit to trade

KPT has claimed that it has reduced port charges by 40 percent during last eight years, and Karachi Dock Labour Board (KDLB) slashed Rs 200 from the cess of Rs 1000 per TEU, which resulted in considerable benefit to trade and industry, and advised the tra
Published 22 Nov, 2010 12:00am
A continuing unnoticed tragedy

A continuing unnoticed tragedy

Eric Margolis is a known name in the global media. In an article last month, he quoted a US general, who told him that the Pentagon is convinced the US can 'still' defeat the Taliban and its allies "if only we can go after their sanctuaries in Pakistan."
Published 22 Nov, 2010 12:00am
Fear and denial as Ireland awaits its economic fate

Fear and denial as Ireland awaits its economic fate

Fears at the prospect of Ireland being bailed out by the EU Monday were met with fresh government denials that the country needs or wants a bailout to deal with its debt crisis. Minister of State for Europe Dick Roche said that rumours Ireland was on the
Published 22 Nov, 2010 12:00am
Search for new Swedish opposition leader begins

Search for new Swedish opposition leader begins

Sweden's main opposition party, the Social Democrats, on Monday began the search for a new leader tasked with restoring the party's political fortunes after two election defeats. Party leader Mona Sahlin, 53, said Sunday she would step down at a party con
Published 22 Nov, 2010 12:00am
PDF: useless exercise?

PDF: useless exercise?

The Pakistan Development Forum (PDF) epitomised one facet of the current 100 plus ministers, ministers of state and sundry advisors: inadequate preparation and the relevant ministry failing to properly brief at least those cabinet colleagues, who were inv
Published 22 Nov, 2010 12:00am
Khamenei's comment irks India

Khamenei's comment irks India

The satisfaction New Delhi drew from President Barack Obama's intended omission of Kashmir from his public statements in India during his recent visit, has proved to be short-lived. Less than a week later, Iranian Supreme Leader Ayatollah Ali Khamenei com
Published 22 Nov, 2010 12:00am
Power ship arrives: beggars can't be choosers

Power ship arrives: beggars can't be choosers

The Turkish vessel, Kaya Bey, has finally arrived at the Karachi harbour, carrying the largest ship-based power plant. Her power plant has 19 engines, which are all furnace oil based. Three are brand new while the remaining 16 are re-furbished implements
Published 22 Nov, 2010 12:00am
Dr Shahida conferred 'Distinguished Professor' title

Dr Shahida conferred 'Distinguished Professor' title

Higher Education Commission has conferred its 'Distinguished National Professor' title on Punjab University, Dean Faculty of Life Sciences and Head of Microbiology & Molecular Genetics Department, Dr Shahida Hasnain in recognition of her contributions and
Published 22 Nov, 2010 12:00am
PPP workers' convention held

PPP workers' convention held

The Pakistan peoples Party (PPP) workers convention held here which was presided over by Raja Riaz Ahmed, Senior Punjab Minister. The convention decided that the PPP high command would be approached not to issue party ticket to the sitting MNA from Faisal
Published 22 Nov, 2010 12:00am
Man killed, two sons injured in clash

Man killed, two sons injured in clash

A man was killed while his two sons were injured by the firing of the rival group near Faiz Jung on Sunday. According to detail, dispute among two groups was occurred at village Khush Khair Muhammad Faker Hesbani near Faiz Jung. Both groups exchanged fire
Published 22 Nov, 2010 12:00am
'66 percent decrease in dengue cases in Punjab'

'66 percent decrease in dengue cases in Punjab'

The Communi-cable Diseases Control Cell (CDCC) Health Department Punjab has claimed that there is 66 percent decrease in dengue fever patients in the province. According to CDCC report only 472 cases were reported during the third week against 1374 dengue
Published 22 Nov, 2010 12:00am
'World TV Day' observed

'World TV Day' observed

`World Television Day' was observed on Sunday across the globe including Pakistan supporting the development of television media in providing unbiased information about important issues and events. The world TV day is noticeable every year on November 21
Published 22 Nov, 2010 12:00am
Houbara Bustard birds start arriving

Houbara Bustard birds start arriving

Houbara Bustard, a coveted quarry of falconers, have started arriving in Pakistan from Central Asian Republics (CARs) with the commencement of winter season and availability of large variety of flora plants in the country, experts say.
Published 22 Nov, 2010 12:00am
Condolence

Condolence

Federal Minister for Railways Ghulam Ahmad Bilour and Senior Minister Khyber-Pakhtunkhwa Bashir Ahmad Bilour met Punjab Chief Minister, Shahbaz Sharif, here on Sunday, and condoled the death of his father-in-law Mian Meraj Din. They also offered Fateha fo
Published 22 Nov, 2010 12:00am
Misuse of loud-speakers: 13 Ulema booked

Misuse of loud-speakers: 13 Ulema booked

Thirteen Ulema of Faisalabad have been booked by the police on charge of misuse of loud-speakers. They include: Maulana Irfan Sialvi, Qari Anwar, Maulana Asghar, Maulana Arif, Qari Faizul Haq, Babar Ali Shah and Maulana Abdul Sattar. The Police have prepa
Published 22 Nov, 2010 12:00am
Japan to cooperate with Pakistan in agriculture sector

Japan to cooperate with Pakistan in agriculture sector

Japan has agreed to cooperate with Pakistan in agriculture sector particularly to extend help in agriculture farms, processing of milk, improve quality of fruits, transfer of modern technology and training of farmers aimed at bringing about improvement in
Published 22 Nov, 2010 12:00am
Indian top order heaps misery on New Zealand

Indian top order heaps misery on New Zealand

Rahul Dravid and Sachin Tendulkar were building up India's strong reply with unbeaten half-centuries in the series-deciding third and final Test against New Zealand on Sunday.
Published 22 Nov, 2010 12:00am
Record-breaking: De Villiers puts Proteas in control

Record-breaking: De Villiers puts Proteas in control

AB de Villiers hit the highest Test score of 278 not out for South Africa to put his team in a dominant position against Pakistan on the second day of the second Test at Abu Dhabi Stadium on Sunday. The 26-year-old from Pretoria smashed 23 boundaries and
Published 22 Nov, 2010 12:00am
Pakistan join India in hockey semi-finals

Pakistan join India in hockey semi-finals

Defending champions South Korea and Pakistan cruised into the semi-finals of the Asian Games men's field hockey with emphatic wins on Sunday.
Published 22 Nov, 2010 12:00am
Lin Dan tramples Lee as India dominate track

Lin Dan tramples Lee as India dominate track

Pumped-up Chinese superstar Lin Dan outplayed world number one Lee Chong Wei to win the Asian Games badminton title Sunday as India dominated the track with two gold medals.
Published 22 Nov, 2010 12:00am
Indian owners to rename Blackburn stadium

Indian owners to rename Blackburn stadium

Premier League club Blackburn Rovers are set to have their home ground Ewood Park renamed by their new Indian owners, a newspaper report said on Sunday. Poultry giant Venky's, which sealed a 54-million-pound ($86.07-million) deal on Friday to become the f
Published 22 Nov, 2010 12:00am
Rudisha, Vlasic named world athletes of the year

Rudisha, Vlasic named world athletes of the year

Kenyan running sensation David Rudisha and Croatian high jump star Blanka Vlasic were named male and female athletes of the year respectively here on Sunday by the sport's governing body, the International Association of Athletics Federations (IAAF).
Published 22 Nov, 2010 12:00am
Pakistan women cricket team's three players arrive

Pakistan women cricket team's three players arrive

The winner of only gold medal for Pakistan in Asian Games, the triumphant Pakistan women cricket team's three players Asmaria Iqbal, Sania Khan of Multan and Sana Gulzar of Khanewal have arrived here at Multan airport on Sunday morning from Karachi.
Published 22 Nov, 2010 12:00am
Pakistan women cricket team gets warm welcome

Pakistan women cricket team gets warm welcome

Skipper Sana Mir, four players and the management of the gold medal winning Pakistan women cricket team was accorded a warm welcome on their arrival from Asiad in China here on Sunday. They were showered with roses by chairperson PCB Women's Wing, Bushra
Published 22 Nov, 2010 12:00am
Sania Mirza loses marathon

Sania Mirza loses marathon

China's Peng Shuai shattered 40-year-old Kimiko Date Krumm's dream of a second Asian Games title on Sunday to keep her triple gold bid on course. Peng clinched a 7-6 (8/6), 3-6, 6-2 win over the veteran Japanese, who won her first singles gold at the Hiro
Published 22 Nov, 2010 12:00am
Murray makes perfect start in Tour Finals

Murray makes perfect start in Tour Finals

Andy Murray made a perfect start to his bid to win the ATP World Tour Finals for the first time with a 6-2, 6-4 victory over Sweden's Robin Soderling on Sunday. Murray was in fine form as he opened the annual end-of-season event, featuring the world's top
Published 22 Nov, 2010 12:00am
ICC wants anti-corruption code in all countries

ICC wants anti-corruption code in all countries

Cricket's governing body Sunday said every member board should introduce an anti-corruption code in their domestic cricket to support the fight against corruption. Corruption has rocked international cricket with three Pakistani players - Salman Butt, Moh
Published 22 Nov, 2010 12:00am
Australia, UAE, US top list of carbon emitters

Australia, UAE, US top list of carbon emitters

The United Arab Emirates, Australia and the United States have the worst overall records for emitting greenhouse gases, according to an index published on November 17 combining current and historic emissions.
Published 22 Nov, 2010 12:00am
Climate change can lead to colder winters

Climate change can lead to colder winters

Climate change could lead to colder winters in northern regions, according to a study by the Potsdam Institute for Climate Impact Research on November 16.
Published 22 Nov, 2010 12:00am
'Super superbug' NDM-1 spreads in Europe

'Super superbug' NDM-1 spreads in Europe

Some 77 cases of a multi-drug resistant "superbug" from India first reported in Britain in August have now been detected in 13 European countries, a scientist at the EU's disease watchdog said on November 17.
Published 22 Nov, 2010 12:00am
Better sanitation may save two million lives per year

Better sanitation may save two million lives per year

Nearly 20 percent of the world's population still defecates in the open, and action to improve hygiene, sanitation and water supply could prevent more than 2 million child deaths a year, health experts said.
Published 22 Nov, 2010 12:00am
Less salt for teens means healthier adults

Less salt for teens means healthier adults

If teens could reduce their daily salt consumption by 3,000 milligrams, they would cut their risk for heart disease and stroke significantly in adulthood, researchers said. Based on results of a computer modelling analysis, researchers projected that a 3,
Published 22 Nov, 2010 12:00am
Behaviour disorders up accident risks for teenagers

Behaviour disorders up accident risks for teenagers

Teenage boys, already the riskiest of drivers, have a "significantly" higher chance of being in a serious traffic accident if they also have a history of disruptive behaviour, Canadian researchers said.
Published 22 Nov, 2010 12:00am
Troposphere is warming too, decades of data show

Troposphere is warming too, decades of data show

Not only is Earth's surface warming, but the troposphere - the lowest level of the atmosphere, where weather occurs - is heating up too, US and British meteorologists reported on November 15.
Published 22 Nov, 2010 12:00am
Americans back ban on mobile phones while driving

Americans back ban on mobile phones while driving

Nearly two-thirds of American support a national ban on the use of mobile phones while driving, even if the driver is using a hands-free device, a poll released on November 18 found. A cell phone ban would increase highway safety "a great deal," said near
Published 22 Nov, 2010 12:00am
Twitter looking to friend Facebook

Twitter looking to friend Facebook

Twitter wants to friend Facebook but the hot Internet stars have been unable to make a relationship work, a co-founder of the microblogging said November 17. "We are talking to them often to see if there is a way to work together, but so far neither side
Published 22 Nov, 2010 12:00am
Yahoo! to open sites to outside contributors

Yahoo! to open sites to outside contributors

Internet giant Yahoo! began opening up its properties to outside writers, photographers and videographers on November 15, with the launch of the "Yahoo! Contributor Network." Yahoo! said the Yahoo! Contributor Network would give freelance content creators
Published 22 Nov, 2010 12:00am
Facebook messaging poses risks to users: tech watchdog

Facebook messaging poses risks to users: tech watchdog

Facebook's new online messaging service makes users of the social networking site more vulnerable to identity theft by cybercriminals, computer security firm Sophos warned on November 18.
Published 22 Nov, 2010 12:00am
'Stuxnet a threat to critical industries worldwide'

'Stuxnet a threat to critical industries worldwide'

The Stuxnet worm that infiltrated Iran's nuclear facilities poses a threat to critical industries world-wide such as water, power and chemical plants, cybersecurity experts warned on November 17.
Published 22 Nov, 2010 12:00am
Amazon lets gift-givers send Kindle books by email

Amazon lets gift-givers send Kindle books by email

Amazon.com on November 19 began letting gift-givers send Kindle electronic books by email as the leading online shop positioned itself to cash in on the year-end holiday season. Kindle digital books can be read on computers, smartphones, iPads, and iPod t
Published 22 Nov, 2010 12:00am
Google Hotpot lets friends share hotspots

Google Hotpot lets friends share hotspots

Google late on November 15 launched a Hotpot recommendation engine that lets people tap into the tastes of trusted friends when it comes to local shops, restaurants, theatres and more. "We're making local search results for places on Google more personal,
Published 22 Nov, 2010 12:00am
Google's new phone software supports mobile payment

Google's new phone software supports mobile payment

Google Inc's next version of its Android smartphone software will support a technology that lets people use their handsets, instead of credit cards, to pay for goods at restaurants and stores. Google Chief Executive Eric Schmidt showed off a yet-to-be-rel
Published 22 Nov, 2010 12:00am
LinkedIn adding a member a second: chief executive

LinkedIn adding a member a second: chief executive

Career networking website LinkedIn is adding a member a second as people seek to keep their professional lives separate from private antics they may share at Facebook.
Published 22 Nov, 2010 12:00am
Facebook swats bug that disabled accounts

Facebook swats bug that disabled accounts

Facebook said on November 16, a bug in a system designed to detect fake profiles had disabled a number of legitimate accounts on the social network. Facebook did not say how many accounts were disabled by the bug, which primarily affected women's accounts
Published 22 Nov, 2010 12:00am
Google Voice application comes to iPhone

Google Voice application comes to iPhone

Google launched a Google Voice for the iPhone application November 16 after a lengthy dispute with Apple that drew the attention of US government telecom regulators. Christian Brunschen, a Google software engineer, said in a blog post that Google Voice fo
Published 22 Nov, 2010 12:00am
Google opens online boutique for stylish women

Google opens online boutique for stylish women

Google sauntered into the world of haute couture on November 17 with the launch of boutiques.com, an online shop that matches hot fashions to women's tastes. Style-conscious US women can create their own online boutiques or browse collections "curated by
Published 22 Nov, 2010 12:00am
Allianz Global Investors to eye small buys: chief executive

Allianz Global Investors to eye small buys: chief executive

Allianz Global Investors (AGI), the asset manager of Europe's biggest insurer, Allianz, would consider only small take-overs as it seeks to build the business, AGI's chief executive said on Monday. "We are not looking at larger acquisitions," Joachim Fabe
Published 22 Nov, 2010 12:00am
Retail chief executives say fight is on for holiday gains

Retail chief executives say fight is on for holiday gains

Top US retailers are leaving little to chance in their fight for holiday sales and are focused more on poaching customers from their rivals than on a real change in the spending habits of Americans. Wal-Mart Stores Inc, looking to turn around six straight
Published 22 Nov, 2010 12:00am
HSBC Islamic arm eyes 125 new branches

HSBC Islamic arm eyes 125 new branches

HSBC Amanah, the Islamic arm of bank HSBC, plans to open 125 branches throughout the Middle East and Asia by the end of 2012 eyeing rapid growth in the $1 trillion Islamic finance industry, a top executive said.
Published 22 Nov, 2010 12:00am
Casino to buy Carrefour's Thai assets for $1.2 billion

Casino to buy Carrefour's Thai assets for $1.2 billion

French retailer Casino is buying the Thai stores of rival Carrefour for 868 million euros ($1.2 billion), including debt, to step up the challenge to Britain's Tesco in the fast-growing south-east Asian country.
Published 22 Nov, 2010 12:00am
POSCO announces expansion plans

POSCO announces expansion plans

South Korean steelmaker POSCO on November 19 announced expansion plans locally and overseas, saying it would build a 1.4 billion dollar plant at home in addition to a new plant in India. The company said it would invest 1.6 trillion won (1.4 billion dolla
Published 22 Nov, 2010 12:00am
Telenor seeks positive India cash flow by 2014

Telenor seeks positive India cash flow by 2014

Norwegian group Telenor aims to generate positive cash flow from India by 2014 as the operating cost per mobile phone falls with rising subscriber numbers, its Asian head said on November 18.
Published 22 Nov, 2010 12:00am
Telenor seeks positive India cash flow by 2014

Telenor seeks positive India cash flow by 2014

Norwegian group Telenor aims to generate positive cash flow from India by 2014 as the operating cost per mobile phone falls with rising subscriber numbers, its Asian head said on November 18.
Published 22 Nov, 2010 12:00am
Volkswagen to invest $70.7 billion in four years

Volkswagen to invest $70.7 billion in four years

Volkswagen said on November 19 that it planned to invest 51.6 billion euros (70.7 billion dollars) in the next four years to develop new models and attain its objective of becoming the world's top car maker by 2018. With another 10.6 billion euros to be i
Published 22 Nov, 2010 12:00am
Malik reviews ongoing anti-corruption drive

Malik reviews ongoing anti-corruption drive

Interior Minister Rehman Malik chaired a high level meeting here on Sunday to review the matters of illegal human trafficking, smuggling and anti-corruption drive. Director General, FIA, Director FIA Balochistan and other officials of the agency were pres
Published 22 Nov, 2010 12:00am
All out fall in cotton prices may be short-lived

All out fall in cotton prices may be short-lived

According to latest cotton arrival report of Pakistan Cotton Ginners' Association up dated as on 15th November, 10, total seed cotton arrivals are equivalent of 4.588 million bales in Punjab against 5.890 million bales same time last year, in Sindh 2.865
Published 22 Nov, 2010 12:00am
All out fall in cotton prices may be short-lived

All out fall in cotton prices may be short-lived

According to latest cotton arrival report of Pakistan Cotton Ginners' Association up dated as on 15th November, 10, total seed cotton arrivals are equivalent of 4.588 million bales in Punjab against 5.890 million bales same time last year, in Sindh 2.865
Published 22 Nov, 2010 12:00am
CDGK to approach world organisations for road safety measures

CDGK to approach world organisations for road safety measures

The Transport and Communication Department of City District Government Karachi (CDGK), will soon approach international organisations to help minimise road traffic accidents in Pakistan, particularly, in Karachi.
Published 22 Nov, 2010 12:00am
52nd birthday of Shahnawaz Bhutto observed

52nd birthday of Shahnawaz Bhutto observed

The 52nd birthday anniversary of Shaheed Mir Shahnawaz Bhutto son of founder chairman and former prime minister Shaheed Zulfiqar Ali Bhutto and the younger brother of assassinated chairperson of PPP Shaheed Benazir Bhutto was celebrated by Pakistan People
Published 22 Nov, 2010 12:00am
Al Qaeda backed LJ behind terror attacks: Malik

Al Qaeda backed LJ behind terror attacks: Malik

Minister for Interior, Rehman Malik, has said that al Qaeda-backed Lashkar-e-Jhangvi is involved in the blasts in Karachi and elsewhere in the country. Talking to media on arrival at Jinnah International Terminal on Sunday, he said Tehreek-e-Taliban Pakis
Published 22 Nov, 2010 12:00am
Mild earthquake felt in Korangi

Mild earthquake felt in Korangi

The seismological network of Pakistan Meteorological Department Sunday recorded an earthquake measuring 1.8 on Richter scale off the coast near Korangi area of Karachi. A seismologist at Karachi Meteorological Department told APP that the earthquake origi
Published 22 Nov, 2010 12:00am
Carbon emissions dip in 2009, to jump in 2010

Carbon emissions dip in 2009, to jump in 2010

Global emissions of planet-warming carbon dioxide are on track to hit a record in 2010, a leading annual study said on Monday, driven largely by booming economies in China and India and their reliance on coal. The Global Carbon Project, a consortium of in
Published 22 Nov, 2010 12:00am
Iran to issue bonds worth five billion euros

Iran to issue bonds worth five billion euros

Iran will issue bonds worth some 5 billion euros ($7 billion) to help finance development of its giant South Pars gas field, the semi-official Mehr news agency quoted a senior official as saying on Sunday.
Published 22 Nov, 2010 12:00am
Iran to issue bonds worth five billion euros

Iran to issue bonds worth five billion euros

Iran will issue bonds worth some 5 billion euros ($7 billion) to help finance development of its giant South Pars gas field, the semi-official Mehr news agency quoted a senior official as saying on Sunday.
Published 22 Nov, 2010 12:00am
Iran again delays phasing out fuel subsidy

Iran again delays phasing out fuel subsidy

Iran will continue to provide motorists with rationed gasoline for another month, again delaying a risky fuel subsidy cut feared to ignite street protests in the Islamic state, a senior official was quoted as saying by the students' news agency ISNA.
Published 22 Nov, 2010 12:00am
Ireland goes for bailout, mulls bank restructure

Ireland goes for bailout, mulls bank restructure

Ireland will seek a bailout from international lenders, Finance Minister Brian Lenihan said on Sunday, ending weeks of speculation that it would need aid to prop up its banks and help it secure cheaper state funding. The bailout - which would be the secon
Published 22 Nov, 2010 12:00am
Latvia to cut deficit mostly rising taxes

Latvia to cut deficit mostly rising taxes

Latvia government on late Saturday night agreed on budget consolidation measures of 290,7 million lats ($5.61 billion) for 2011, where most of the money will be gained through tax rises, the finance ministry said on Sunday.
Published 22 Nov, 2010 12:00am
China and Botswana sign economic, energy deals

China and Botswana sign economic, energy deals

Chinese Vice President Xi Jinping on Sunday signed several economic deals with Botswana, the world's biggest diamond producer, including one offering the southern African country $6 million for development.
Published 22 Nov, 2010 12:00am
Big Three ratings agencies face competition

Big Three ratings agencies face competition

The Big Three credit rating agencies, under fire for failing to anticipate the global financial crisis, have spurred new players to offer alternatives but the trio's dominance of the sector seems secure for the moment, analysts said. "It's a matter of at
Published 22 Nov, 2010 12:00am
Obama felt South Korea trade deal fell short: Hillary

Obama felt South Korea trade deal fell short: Hillary

US President Barack Obama failed to seal a sweeping trade pact with South Korea because he felt it was not in the best interests of the United States, Secretary of State Hillary Clinton said Sunday.
Published 22 Nov, 2010 12:00am
China orders more inflation fighting measures

China orders more inflation fighting measures

China on Sunday announced a further series of measures to rein in rising commodity prices as it steps up efforts to combat rapidly rising inflation, state media said Sunday. The State Council, China's Cabinet, ordered local governments to boost agricultur
Published 22 Nov, 2010 12:00am
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