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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-12-22
Sterling falls versus dollar, euro

Sterling falls versus dollar, euro

Sterling hit a three-month low against the dollar on Tuesday as data showed record-high UK public borrowing that called into question whether the government can meet its deficit-cutting target. Also citing recent weaker UK economic data, analysts said inv
Published 22 Dec, 2010 12:00am
Euro bounces back in Asia

Euro bounces back in Asia

The euro bounced back from a 2-week low on short-covering on Tuesday, though simmering fears that some eurozone countries and banks could face more borrowing strain are likely to limit gains. Comments from a Chinese vice premier that China supports effort
Published 22 Dec, 2010 12:00am
Euro pares gains in London

Euro pares gains in London

The euro pared gains against the dollar in thin trade on Tuesday after ratings firm Moody's put Portugal on review for a possible downgrade, reinforcing worries that the eurozone's debt crisis would persist well into 2011. The single currency also fell to
Published 22 Dec, 2010 12:00am
Early trade in New York: Euro rebounds on China comments

Early trade in New York: Euro rebounds on China comments

The euro rose on Tuesday after China urged that tough talk from European leaders on the debt crisis be backed up with action, but the gains were likely to be short-lived amid fears of more ratings downgrades. China's Vice Premier Wang Qishan said Beijing,
Published 22 Dec, 2010 12:00am
Euro falls broadly

Euro falls broadly

The euro fell against the dollar and hit a record low against the Swiss franc on Monday and traders said fear of more ratings downgrades for indebted eurozone countries and banks signalled more losses to come. Moody's Investors Service said Monday it may
Published 22 Dec, 2010 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 70.65/70.70 (previous 70.64/70.70). Call Money Rates: 30.00-35.00 percent (previous 9.0-50.00 percent).
Published 22 Dec, 2010 12:00am
Indian rupee off highs

Indian rupee off highs

The Indian rupee ended strong but off highs, on the back of robust dollar inflows, positive local shares and a weak dollar overseas. However, month-end dollar demand from state-run companies prevented a sharp rise in the Indian unit, dealers said. The par
Published 22 Dec, 2010 12:00am
Taiwan dollar lead gain in Asian trade

Taiwan dollar lead gain in Asian trade

The Taiwan dollar and the Indian rupee rose against the dollar on Tuesday, leading gains in Asian currencies, on the back of firmer stock markets and as the euro rebounded. Asian currencies are expected to stay firm in 2011, but gains are likely to be cap
Published 22 Dec, 2010 12:00am
Yuan rises

Yuan rises

China's yuan ends up on Tuesday as the People's Bank of China set only a slightly higher mid-point in the wake of a fall in the dollar index, showing no signs it would let the Chinese currency strengthen much for now. The premium enjoyed by offshore yuan
Published 22 Dec, 2010 12:00am
Australian and New Zealand dollars higher

Australian and New Zealand dollars higher

The Australian and New Zealand dollars nudged higher on their US counterpart on Tuesday, helped by higher commodity prices, while the Aussie held near record peaks on the euro. Good performances by regional equity markets in Shanghai, Hong Kong and Austra
Published 22 Dec, 2010 12:00am
Swiss franc lower versus euro

Swiss franc lower versus euro

The Swiss franc drifted lower against the euro in thin pre-Christmas trading on Tuesday after a Chinese vice premier's remarks supporting EU efforts to calm global markets led some traders to close short euro positions. The franc fell 0.3 percent against
Published 22 Dec, 2010 12:00am
PFH barred over 30 aged players

PFH barred over 30 aged players

Pakistan Hockey Federation on Tuesday barred over 30 years male and female players from taking part in their respective national championships. "We have taken this decision to discourage the participation of aged players because we want to encourage young
Published 22 Dec, 2010 12:00am
Premier Football League: PIA win, NBP draw 1-1 with Navy

Premier Football League: PIA win, NBP draw 1-1 with Navy

Two more matches were decided in Pakistan Premier Football League 2010 on Tuesday. NBP put up courageous display to hold Navy 1-1 while PIA won the match against Afghan Football Club on default. Afghans had to reach the venue two hours before kick off tim
Published 22 Dec, 2010 12:00am
Eto'o claims record fourth African award

Eto'o claims record fourth African award

Cameroon and Inter Milan striker Samuel Eto'o set a new landmark for individual success in African football on Monday after being named the continent's Footballer of the Year for a record fourth time. The 2010 award came five years after his last triumph
Published 22 Dec, 2010 12:00am
Suspended Salman Butt wants hearing deferred

Suspended Salman Butt wants hearing deferred

Pakistan's suspended former captain Salman Butt said Tuesday he asked an anti-corruption tribunal to put off a hearing next month so he can deal with any possible criminal proceedings in London. The 26-year-old, along with pacemen Mohammad Asif and Mohamm
Published 22 Dec, 2010 12:00am
Kallis escapes in car accident

Kallis escapes in car accident

South Africa star batsman Jacques Kallis crashed his car into a gate in the early hours of Tuesday but escaped unharmed, a team spokesman told AFP, denying that alcohol was involved. Kallis, who scored his first Test double century in a victory over India
Published 22 Dec, 2010 12:00am
Jansher appointed advisor to President PSF

Jansher appointed advisor to President PSF

Pakistan Squash Federation has appointed former world squash legend, Jansher Khan advisor to President, PSF, Air Chief Marshal, Rao Qamar Suleman. The decision was taken after a meeting of Air Chief Marshal with Jnasher at Air Headquarters, Islamabad on T
Published 22 Dec, 2010 12:00am
West Indies Shillingford banned for illegal action

West Indies Shillingford banned for illegal action

West Indian off-spinner Shane Shillingford has been suspended from bowling in international cricket for his illegal action, the sport's world governing body said on Tuesday. His action was found to be illegal following an independent analysis performed by
Published 22 Dec, 2010 12:00am
Pakistani stars ignored again for IPL auction

Pakistani stars ignored again for IPL auction

Pakistan's cricketers will continue to miss out on the Indian Premier League bonanza after none of them were included in the auction for next year's money-spinning event, organisers said Tuesday. No Pakistani featured in a list of 416 players whose servic
Published 22 Dec, 2010 12:00am
US cables show concern over disgraced cricket mogul Stanford

US cables show concern over disgraced cricket mogul Stanford

US diplomats were concerned that companies run by cricket mogul Allen Stanford were corrupt several years before allegations of his massive Ponzi scheme emerged, US cables showed Wednesday. A diplomatic dispatch from the US embassy in Bridgetown, Barbados
Published 22 Dec, 2010 12:00am
Tendulkar returns to One-day squad: likely to be included in T20 game

Tendulkar returns to One-day squad: likely to be included in T20 game

Sachin Tendulkar was on Tuesday named in India's one-day squad for a five-match series in South Africa, ending a self-imposed 10-month lay-off from limited-overs cricket. Tendulkar, 37, decided to rest from one-day internationals after smashing an unprece
Published 22 Dec, 2010 12:00am
Everton spoil City's big chance on Tevez return

Everton spoil City's big chance on Tevez return

Tim Cahill and Leighton Baines stole the show from Carlos Tevez as 10-man Everton clinched a 2-1 victory over Manchester City at Eastlands on Monday. David Moyes' side, who had not won in seven matches, took control within the opening 20 minutes through C
Published 22 Dec, 2010 12:00am
Anelka, Henry hold out on World Cup bonuses

Anelka, Henry hold out on World Cup bonuses

Nicolas Anelka and Thierry Henry are the only two members of France's disgraced World Cup team not to have forfeited their bonuses from the tournament, a French Football Federation (FFF) source told AFP on Tuesday. "They are the last two," the source said
Published 22 Dec, 2010 12:00am
Italian coach Bearzot dies

Italian coach Bearzot dies

Enzo Bearzot, who coached Italy to their World Cup triumph in 1982, has died after a long illness at the age of 83, the Sky Sport 24 television station reported on Tuesday. Taking over as national team coach in 1977, Bearzot enjoyed his moment of glory in
Published 22 Dec, 2010 12:00am
Usman Khawaja on standby for injured Ponting

Usman Khawaja on standby for injured Ponting

Australia called up uncapped batsman Usman Khawaja Tuesday as cover for captain Ricky Ponting, who is nursing a broken finger ahead of the crunch Melbourne Ashes Test. Selectors said they were showing an "abundance of caution" in adding Khawaja to the squ
Published 22 Dec, 2010 12:00am
Canada's TD Bank to buy Chrysler Financial for $6.3 billion

Canada's TD Bank to buy Chrysler Financial for $6.3 billion

Toronto-Dominion Bank (TD) said Tuesday it will buy Chrysler Financial Corp for 6.3 billion dollars in cash, part of a major expansion of Canadian banking behemoths into the United States. The deal comes just days after the Bank of Montreal (BMO) doubled
Published 22 Dec, 2010 12:00am
German consumer sentiment dips

German consumer sentiment dips

German consumer sentiment lost a little ground in December following six months on the rise, a survey showed Tuesday, but households still expect the German economy to grow more. The GfK market research group said its household confidence index eased back
Published 22 Dec, 2010 12:00am
Portugal faces rating cut, Spanish debt costs rise

Portugal faces rating cut, Spanish debt costs rise

Portugal was put on notice on Tuesday that its credit rating could be cut and fellow eurozone debtor Spain had to pay more to issue new debt, suggesting the currency bloc's crisis will rage unabated in 2011. China, the world's new economic powerhouse, urg
Published 22 Dec, 2010 12:00am
Portugal faces rating cut, Spanish debt costs rise

Portugal faces rating cut, Spanish debt costs rise

Portugal was put on notice on Tuesday that its credit rating could be cut and fellow eurozone debtor Spain had to pay more to issue new debt, suggesting the currency bloc's crisis will rage unabated in 2011. China, the world's new economic powerhouse, urg
Published 22 Dec, 2010 12:00am
Thailand extends subsidies

Thailand extends subsidies

Thailand's cabinet has agreed to extend measures to help low-income Thais for two months to February and most producers have agreed to maintain prices of consumer goods to the end of March, ministers said on Tuesday. The extended subsidies are expected to
Published 22 Dec, 2010 12:00am
Toyota to pay $32.4 million in extra fines over recalls

Toyota to pay $32.4 million in extra fines over recalls

Toyota has agreed to pay 32.4 million dollars in fines over its handling of two auto recalls, bringing total penalties levied on the firm to 48.8 million this year, officials said Monday. The assessments were related to the timeliness of Toyota recalls is
Published 22 Dec, 2010 12:00am
British state borrowing hits record high

British state borrowing hits record high

British public borrowing soared in November to the highest monthly level since records began, official data showed Tuesday, sparking concern that the government could overshoot its annual target. The public sector net borrowing requirement leapt to 23.3 b
Published 22 Dec, 2010 12:00am
Gazprom cuts production outlook

Gazprom cuts production outlook

Russian natural gas giant Gazprom Tuesday lowered its production outlook through to 2015 and indicated that it had no immediate plans to start up the vast Shtokman field. The company said in a statement that it expected annual production to rise to 570 to
Published 22 Dec, 2010 12:00am
BAE Systems fined

BAE Systems fined

British defence group BAE Systems was fined 500,000 pounds (775,000 dollars, 590,000 euros) on Tuesday for failing to keep proper records of payments to an adviser in Tanzania. Payments totalling about 12.4 million dollars were made to two companies contr
Published 22 Dec, 2010 12:00am
Australian study backs miners on new resources tax

Australian study backs miners on new resources tax

Australia's major miners scored a victory in their clash with the government over a controversial new mining tax Tuesday, when an official study backed their stance on the levy. The tax triggered an angry backlash from the nation's most valuable export in
Published 22 Dec, 2010 12:00am
Over 1.5 million Windows 7 phones sold in six weeks

Over 1.5 million Windows 7 phones sold in six weeks

Microsoft released its first sales figures on Tuesday for new Windows Phone 7 smartphones, saying more than 1.5 million of the handsets were sold in the first six weeks. Achim Berg, vice president of business and marketing for Windows Phones, said sales w
Published 22 Dec, 2010 12:00am
BoJ holds fire but warns of weak output, yields

BoJ holds fire but warns of weak output, yields

The Bank of Japan kept monetary policy on hold on Tuesday, but noted weakening factory output and business sentiment in what markets saw as an assurance that it was aware of risks to growth that could require more easing. BoJ Governor Masaaki Shirakawa, a
Published 22 Dec, 2010 12:00am
Iran has signed $6.5 billion gas contracts

Iran has signed $6.5 billion gas contracts

Iran has signed new contracts in the gas sector worth $6.5 billion, a senior official was quoted as saying on Tuesday, without giving precise details.
Published 22 Dec, 2010 12:00am
China and Taiwan sign medical agreement

China and Taiwan sign medical agreement

Top envoys from China and Taiwan signed a deal on medical co-operation and discussed investment protection during talks Tuesday in Taipei, accompanied by small protests staged by anti-Beijing activists. "Regular talks between the two sides guarantee peace
Published 22 Dec, 2010 12:00am
China supports EU efforts to ease debt crisis

China supports EU efforts to ease debt crisis

China supports efforts by the EU and the International Monetary Fund to calm global markets in the wake of Europe's debt crisis but is keen to see more results from the measures, Vice Premier Wang Qishan said on Tuesday.
Published 22 Dec, 2010 12:00am
China supports EU efforts to ease debt crisis

China supports EU efforts to ease debt crisis

China supports efforts by the EU and the International Monetary Fund to calm global markets in the wake of Europe's debt crisis but is keen to see more results from the measures, Vice Premier Wang Qishan said on Tuesday.
Published 22 Dec, 2010 12:00am
Israeli air strikes target Gaza

Israeli air strikes target Gaza

Israel carried out a series of air strikes in the Gaza Strip on Tuesday, Palestinian officials and witnesses said, after militants from the Hamas-ruled territory fired rockets into southern Israel. No one was reported killed in any of the strikes that tar
Published 22 Dec, 2010 12:00am
Storms leave 47 sailors missing, six dead

Storms leave 47 sailors missing, six dead

Forty-seven Vietnamese sailors were missing, most of them from a cargo ship and a fishing vessel, and six others were confirmed dead after storms hit the South China Sea, officials said Tuesday. A source at the national search and rescue centre said 20 fi
Published 22 Dec, 2010 12:00am
Venezuela passes media, Internet muzzling law

Venezuela passes media, Internet muzzling law

The Venezuelan parliament passed a law Monday banning for the first time Internet content that promotes social unrest, challenges authority or condones crime, fuelling outrage by the opposition. The law was pushed through the unicameral National Assembly
Published 22 Dec, 2010 12:00am
Indian doctor wins compensation over bungled terror charge

Indian doctor wins compensation over bungled terror charge

An Indian doctor wrongly detained on terror charges by Australian police three years ago Tuesday raised the prospect of moving back to the country, after winning compensation from the government. Mohamed Haneef accepted what his lawyer described as a "sub
Published 22 Dec, 2010 12:00am
Obama congratulates Iraq

Obama congratulates Iraq

US President Barack Obama Tuesday congratulated Iraq after parliament endorsed a new government, saying the move was a "significant" historic moment and represented a rejection of extremism. "Today's vote in the Council of Representatives is a significant
Published 22 Dec, 2010 12:00am
Maliki government gets stamp of approval

Maliki government gets stamp of approval

The Iraqi parliament on Tuesday gave Prime Minister Nuri al-Maliki's government a vote of confidence and adopted a 43-point programme aimed at liberalising the economy and fighting terrorism. After more than nine months of political deadlock and wrangling
Published 22 Dec, 2010 12:00am
Lunar eclipse makes memorable solstice

Lunar eclipse makes memorable solstice

Skygazers with a clear view in North America and Europe were greeted with a celestial treat early Tuesday, as a unique total lunar eclipse turned the Moon pink, coppery or even a blood red. Coinciding eerily with the northern hemisphere's mid-winter solst
Published 22 Dec, 2010 12:00am
Japanese bio-scientists produce 'singing mouse'

Japanese bio-scientists produce 'singing mouse'

Japanese scientists said Tuesday they had produced a mouse that tweets like a bird in a genetically engineered "evolution" which they hope will shed light on the origins of human language. A team of researchers at the University of Osaka created the anima
Published 22 Dec, 2010 12:00am
Second British royal wedding announced

Second British royal wedding announced

Queen Elizabeth II's eldest grand-daughter Zara Phillips is to wed her rugby-playing boyfriend Mike Tindall, Buckingham Palace announced Tuesday, in a marriage of world-beating sports stars. Setting up the prospect of two royal weddings in 2011, the annou
Published 22 Dec, 2010 12:00am
Belarus jails 600 for election protests

Belarus jails 600 for election protests

Belarus on Tuesday jailed 600 demonstrators detained during a mass rally against the re-election of President Alexander Lukashenko, defying fierce Western condemnation of the bloody crackdown. Police officials said the protesters would be held for up to 1
Published 22 Dec, 2010 12:00am
Foreign troop deaths in Afghan war top 700 in 2010

Foreign troop deaths in Afghan war top 700 in 2010

International troop deaths in Afghanistan topped 700 in 2010, an independent website said Tuesday, with US military chiefs reportedly pushing to expand special operations ground raids into Pakistan. The number of coalition forces killed fighting the Talib
Published 22 Dec, 2010 12:00am
British Prime Minister slaps down business minister over Murdoch remarks

British Prime Minister slaps down business minister over Murdoch remarks

British Prime Minister David Cameron stripped his business secretary of key powers Tuesday over what he termed "totally unacceptable and inappropriate" remarks about media mogul Rupert Murdoch. Cameron's spokesman said that Vince Cable, a senior Liberal D
Published 22 Dec, 2010 12:00am
North Korea not ready for talks: US

North Korea not ready for talks: US

The United States said Tuesday that North Korea was showing it was not even "remotely ready" to resume nuclear talks, despite apparent concessions secured by an unofficial US envoy. The White House made clear there was no change to US policy, despite an a
Published 22 Dec, 2010 12:00am
Europe weather ruins Christmas for airlines, retailers

Europe weather ruins Christmas for airlines, retailers

Snow and freezing temperatures grounded flights across northern Europe on Tuesday, while retailers fretted they would struggle to make up sales lost due to bad weather with just four shopping days to Christmas. Eurocontrol, the umbrella group for air-traf
Published 22 Dec, 2010 12:00am
New York cotton options trade halted second day in row

New York cotton options trade halted second day in row

Trading in the cotton options market was halted for a second straight day on Tuesday after cotton options rose by twice the daily limit, ICE Futures US said. Trading continued in the cotton futures market. "Trading of the options contracts is halted based
Published 22 Dec, 2010 12:00am
US copper climbs

US copper climbs

Copper prices climbed back towards record highs on Monday, after renewed supply threats in top producer Chile provided an additional underpinning to the red metal's demand-driven rally this year. On the New York Mercantile Exchange, COMEX copper for March
Published 22 Dec, 2010 12:00am
Shanghai copper gains

Shanghai copper gains

Shanghai's third-month copper gained nearly one percent to close at 69,250 yuan ($10,375) a tonne on Tuesday. Production at Chinese copper smelters is unlikely to be hit in the near term by Collahuasi incident, as smelters hold more-than-enough concentrat
Published 22 Dec, 2010 12:00am
Copper hits records on supply concerns, fund

Copper hits records on supply concerns, fund

Copper set successive record highs on Tuesday as a force majeure in top producer Chile fanned supply concerns and attracted fresh fund buys while import data showed demand from top consumer China remained strong. Benchmark copper for three-month delivery
Published 22 Dec, 2010 12:00am
Tokyo rubber futures hit lifetime high

Tokyo rubber futures hit lifetime high

Key Tokyo rubber futures settled 1.1 percent higher on Tuesday after scaling a fresh lifetime high, while Shanghai futures hovered near a six-week high, as supply concerns after heavy rains in producing countries spurred fund buying. TOCOM's key rubber co
Published 22 Dec, 2010 12:00am
New York sugar at fresh 30-year high

New York sugar at fresh 30-year high

Raw sugar futures rallied Monday to a fresh 30-year high on tight supplies which are seen bolstering the sweetener into 2011, analysts said. Arabica coffee eased from a 13-1/2 year peak, and cocoa was marginally firmer due to lingering worries the politic
Published 22 Dec, 2010 12:00am
Malaysian palm oil rises

Malaysian palm oil rises

Malaysian crude palm oil futures rose 1.2 percent on Tuesday as traders grew more concerned over heavy rains curbing production in the world's second largest producer of the vegetable oil. The market expected December production to fall by 10 percent to 1
Published 22 Dec, 2010 12:00am
Liffe sugar, cocoa and coffee up

Liffe sugar, cocoa and coffee up

Liffe March robusta coffee futures were up $16 or 0.8 percent at $2,006 a tonne in modest volume of 4,234 lots on Tuesday. London second-month cocoa was up 18 pounds or 0.9 percent at 2,016 pounds per tonne in low turnover of 477 lots. Liffe March white s
Published 22 Dec, 2010 12:00am
US soyabeans hit five-week high

US soyabeans hit five-week high

US soyabean futures on the Chicago Board of Trade touched a five-week high on Monday on continuous price charts amid concerns about Argentine crop prospects, traders said. Welcome rains fell in parts of Argentina over the weekend but coverage was below ex
Published 22 Dec, 2010 12:00am
Oil edges up on demand hopes, cold weather

Oil edges up on demand hopes, cold weather

A surge in gasoline futures to a six-month high helped oil prices rise for the third straight session on Tuesday, on a combination of rising expectations for economic growth and demand from drivers. A soft dollar was supportive, as was cold weather, which
Published 22 Dec, 2010 12:00am
US gold rises

US gold rises

US gold futures ended slightly higher on Monday as a warning from the European Central Bank on the region's finances and a notice that Moody's may cut debt ratings for some Spanish banks boosted safe-haven flows. COMEX February gold futures up $6.90, or 0
Published 22 Dec, 2010 12:00am
Gold up in Asia

Gold up in Asia

Gold firmed on Tuesday as fears of further ratings downgrades in Europe spurred buying from speculators, but demand from jewellers slowed to a trickle in Asia, with most orders already filled before the year-end holidays. Spot gold added $2.90 an ounce to
Published 22 Dec, 2010 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold prices steadied in Europe on Tuesday in holiday-thinned trade, but fresh strength in the euro and buoyant interest in the metal as a haven amid fears of further borrowing strains in the eurozone lent firm support. Tensions ran high after ratings agen
Published 22 Dec, 2010 12:00am
US MIDDAY: coffee surges

US MIDDAY: coffee surges

ICE arabica coffee futures prices surged to a 13-1/2-year peak early on Tuesday, underpinned by tight supplies and a soft dollar, while cocoa held firm on concerns over supply risks from Ivory Coast after a disputed election. ICE raw sugar futures prices
Published 22 Dec, 2010 12:00am
US MIDDAY: soya and wheat up

US MIDDAY: soya and wheat up

Chicago Board of Trade grain and soya complex pre-opening calls at 9:16 am CST (1516 GMT) on Tuesday. CBOT January agricultural options expire on Thursday. La Nina may be at its peak - Australian weather bureau. Wheat up 1 to 3 cents per bushel. Market su
Published 22 Dec, 2010 12:00am
US MIDDAY: copper hits records

US MIDDAY: copper hits records

Copper prices rallied to an all-time high on Tuesday as shipment delays in top producer Chile and robust demand prospects in China underscored the red metal's tightening supply-demand balance. A sluggish supply-side response following 2008's global econom
Published 22 Dec, 2010 12:00am
DuPont helps upgrade CDA's fire systems

DuPont helps upgrade CDA's fire systems

DuPont Pakistan Operations (Pvt) Ltd, under a community fund programme, has recently upgraded Capital Development Authority (CDA) FHQ's control room in Islamabad. Under this programme, DuPont renovated CDA fire house and contributed Nomex(r) heat and flam
Published 22 Dec, 2010 12:00am
January 15 set as deadline to reproduce revenue record

January 15 set as deadline to reproduce revenue record

Sindh Minister for Revenue, Jam Mehtab Dahar has announced January 15, 2011 as the deadline for submission of reproduced revenue record of 24 talukas, which were burnt and damaged in a protest against the assassination of Mohtarma Benazir Bhutto on Decemb
Published 22 Dec, 2010 12:00am
BBSYDP organises workshop on 'Training, Needs Assessment'

BBSYDP organises workshop on 'Training, Needs Assessment'

The speakers of one day workshop on "Training, Needs Assessment" organised by the management of Benazir Bhutto Shaheed Youth Development Programme (BBSYDP) in collaboration with International Labour Organisation (ILO) today at local hotel have demanded fo
Published 22 Dec, 2010 12:00am
'Pakistan, Sri Lanka to expand bilateral trade to service sector'

'Pakistan, Sri Lanka to expand bilateral trade to service sector'

Consul General of Sri Lanka, DW Jinadasa has said that Pakistan and Sri Lanka are working to expand bilateral trade to service sector. Speaking at a meeting of Karachi Chamber of Commerce and Industry (KCCI) here on Tuesday, he said at present bilateral t
Published 22 Dec, 2010 12:00am
Ghulam Fatima's memoirs being launched today

Ghulam Fatima's memoirs being launched today

Oxford University Press (OUP) will launch its latest publication 'Footprints in Time: Reminiscences of a Sindhi Matriarch' by Ghulam Fatima Shaikh. Translated from Sindhi by Rasheeda Husain, these narratives span two continents and two centuries and relat
Published 22 Dec, 2010 12:00am
Punjab industries: frequent gas supply assured by Prime Minister

Punjab industries: frequent gas supply assured by Prime Minister

Khurshid Alam, Chairman, Pakistan Tanners Association has expressed his gratitude to the Honourable Prime Minister of Pakistan, Yousuf Raza Gilani for issuance of directives for immediate restoration of frequent Gas Supply to Punjab Industrial Sector spec
Published 22 Dec, 2010 12:00am
V

V

As one of the leading pioneers of economic and financial journalism in the country and having served for decades, I believe, Zuberi Saheb has left his indelible mark for the industry and others to emulate. His great qualities of head and heart will serve
Published 22 Dec, 2010 12:00am
IV

IV

Although, I am a public servant with 37 years in service to my credit, I have been an avid reader of Business Recorder. I have witnessed the growth of this paper from primarily a financial daily to an authority on economy and national affairs. I un
Published 22 Dec, 2010 12:00am
III

III

On behalf of the Lahore Stock Exchange, I would like to express deep grief and sorrow over the sad demise of M A Zuberi, the founding editor of Business Recorder and patron-in-chief of Aaj TV. As the pioneer of the economic and financial jou
Published 22 Dec, 2010 12:00am
II

II

I was deeply grieved to hear about the sad demise of M A Zuberi. He will be remembered for his contribution not only in the journalistic world but also as a thinker and philosopher. May his soul rest in peace.
Published 22 Dec, 2010 12:00am
M A Zuberi

M A Zuberi

We learnt with deep grief and sorrow the sad news of the death of M A Zuberi, Editor-in-Chief of daily Business Recorder and founder of Aaj News TV channel. A veteran and respected journalist, Zuberi will be remembered as pioneer of economic
Published 22 Dec, 2010 12:00am
Fear grips Iraqi Christians as Christmas approaches

Fear grips Iraqi Christians as Christmas approaches

Christmas nears in Iraq, Christians in the country fear more attacks against their community, especially following a brutal church massacre in October which killed 63 people, many of them worshippers. "Immediately after the attack I could not sleep for th
Published 22 Dec, 2010 12:00am
Attacks against immigrants on the rise in Greek capital

Attacks against immigrants on the rise in Greek capital

Dimitris Tsipos makes no effort to conceal his hostility as a group of Bangladeshi men walk by carrying an armful of blankets. "I would get rid of them all," Tsipos says as he sits in his restaurant, sheltered from an unusual cold snap gripping the Greek
Published 22 Dec, 2010 12:00am
Energy crisis: Why conservation must continue?

Energy crisis: Why conservation must continue?

Due to various reasons, but mainly on account of the inactivity of 2000-2007, Pakistan is facing an energy crunch which first became evident in 2005 and then magnified manifold by 2007.
Published 22 Dec, 2010 12:00am
Rampant food adulteration

Rampant food adulteration

The National Assembly's Standing Committee on Human Rights recently took up for discussion the report of its sub-committee on food adulteration, which made the disturbing disclosure that over 70 percent of food stuffs in the market are adulterated.
Published 22 Dec, 2010 12:00am
HEC compiles PhD Country Directory since 1947

HEC compiles PhD Country Directory since 1947

The Higher Education Commission (HEC) has compiled information of PhD degrees awarded by Pakistani universities since 1947. PhD Country Directory (PCD), which is accessible through HEC website, provides information such as name of scholar, subject/discipl
Published 22 Dec, 2010 12:00am
Nadra launches Complaint Redressal System for flood-hit people

Nadra launches Complaint Redressal System for flood-hit people

After successful completion of Watan Card project, National Database and Registration Authority (NADRA) launched Complaint Redressal System (CRS) to help the flood-hit people. "Under CRS, NADRA will facilitate all registered persons in flood affected area
Published 22 Dec, 2010 12:00am
Afghan DPs given three-day deadline

Afghan DPs given three-day deadline

The political administration of Khyber Agency Tuesday gave a three-day deadline to illegally residing Afghan refugees in Landi Kotal area to leave the area otherwise strict action would be taken against them. Talking to reporters, the Assistant Political
Published 22 Dec, 2010 12:00am
'SMEs help in creating job opportunities sought'

'SMEs help in creating job opportunities sought'

Director, Khyber Group of Industries, Mohammad Nauman has urged for making organised efforts to tap potential of SME sector for creating mass employment in the country in general and terrorism affected Khyber Pakhtunkhwa province in particular. "SMEs are
Published 22 Dec, 2010 12:00am
Agriculture surfactants maker seeks duty, taxes relief

Agriculture surfactants maker seeks duty, taxes relief

A local manufacturer of agricultural surfactants has approached the National Tariff Commission (NTC) for tariff protection through exemption of customs duty and sales tax on import of raw materials. In this regard, Surfactants Chemicals Company, Karachi,
Published 22 Dec, 2010 12:00am
'Finance professionals to take on more strategic role in future'

'Finance professionals to take on more strategic role in future'

Global business leaders expect finance professionals to take on a more strategic role in the future, with more than half of respondents to new research from ACCA believing the ethical integrity of finance professionals will become increasingly important.
Published 22 Dec, 2010 12:00am
Operation in North Waziristan: PTI leader reacts over statement of US

Operation in North Waziristan: PTI leader reacts over statement of US

Reacting over the recent statement of American administration and military high ups, Saifullah Khan Niazi Additional Secretary General of Pakistan Tehreek-e-Insaf has cautioned the government to refrain from undertaking any military operation in North Waz
Published 22 Dec, 2010 12:00am
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