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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-02-03
China's Wen vows to control inflation in new year

China's Wen vows to control inflation in new year

China will fight inflation and crack down on property speculators in the year ahead, state media on Wednesday quoted Premier Wen Jiabao as saying, as the country gave a noisy, chaotic welcome to the Year of the Rabbit. In a speech marking the Lunar New Ye
Published 03 Feb, 2011 12:00am
Iraq's oil exports highest since 2003

Iraq's oil exports highest since 2003

Iraq exported an average 2.163 million barrels of oil per day in January, up from 1.951 million bpd in December, reaching its highest export levels since the 2003 US-led invasion, a top oil official said on Wednesday. Falah Alamri, head of the State Oil M
Published 03 Feb, 2011 12:00am
Time Warner revenue, profit up

Time Warner revenue, profit up

Time Warner Inc's fourth-quarter profit and revenue beat Wall Street expectations, thanks to a 21 percent jump in cable advertising sales from programs like Conan O'Brien's late night talk show. The company, whose shares rose 3 percent in premarket tradin
Published 03 Feb, 2011 12:00am
Time Warner revenue, profit up

Time Warner revenue, profit up

Time Warner Inc's fourth-quarter profit and revenue beat Wall Street expectations, thanks to a 21 percent jump in cable advertising sales from programs like Conan O'Brien's late night talk show. The company, whose shares rose 3 percent in premarket tradin
Published 03 Feb, 2011 12:00am
Lamy tells WTO members to speed up Doha talks

Lamy tells WTO members to speed up Doha talks

Trading powers who have embarked on an intensified push for a new trade deal sought by political leaders must go faster if they are to have any hope of finishing the Doha round this year, the head of the WTO said on Wednesday. Trade ministers meeting in t
Published 03 Feb, 2011 12:00am
IMF has changed, chief tells Asia

IMF has changed, chief tells Asia

The IMF said Wednesday it had learnt from its mistakes during the 1997-1998 Asian financial crisis and had undertaken reform to give the region's countries a greater say in how the Fund is managed. International Monetary Fund chief Dominique Strauss-Kahn
Published 03 Feb, 2011 12:00am
Middle East markets: Dubai leads Gulf gains

Middle East markets: Dubai leads Gulf gains

Gulf Arab markets rallied on Wednesday as fears political unrest might spread from Egypt eased, while upbeat world stocks boosted regional sentiment. Dubai's index made its largest gain in 10 months, rising 3.3 percent, but trading is likely to remain vol
Published 03 Feb, 2011 12:00am
Hong Kong stocks higher

Hong Kong stocks higher

Hong Kong stocks finished higher on Wednesday, quickly recovering from the global market stumble that followed unrest in Egypt, as investors bet that asset inflation and a stronger world economy would lift the market. The benchmark Hang Seng Index rose 1.
Published 03 Feb, 2011 12:00am
Wednesday's midday trade: Wall Street flat

Wednesday's midday trade: Wall Street flat

US stocks seesawed between modest gains and losses on Wednesday as indexes struggled to move higher a day after the Dow and S&P 500 closed at their highest in about 2-1/2 years. The Dow Jones industrial average was up 2.16 points, or 0.02 percent, at 12,0
Published 03 Feb, 2011 12:00am
Dow, S&P end at highest since June 2008

Dow, S&P end at highest since June 2008

The Dow and S&P 500 closed at their highest levels since June 2008 on Tuesday and looked poised for more gains after strong earnings and signs of a surge in US manufacturing. Data showing improved factory activity and strong results from shipping company
Published 03 Feb, 2011 12:00am
Treasuries slump

Treasuries slump

US Treasury prices declined on Tuesday after an upbeat report on manufacturing stoked worries of rising inflation and as investors unwound safe-haven purchases spurred by the political unrest in Egypt. The bond market started the new month lower after a l
Published 03 Feb, 2011 12:00am
Treasuries slump

Treasuries slump

US Treasury prices declined on Tuesday after an upbeat report on manufacturing stoked worries of rising inflation and as investors unwound safe-haven purchases spurred by the political unrest in Egypt. The bond market started the new month lower after a l
Published 03 Feb, 2011 12:00am
Indian shares halt five-day losing run

Indian shares halt five-day losing run

Indian shares snapped a five-day losing streak and rose 0.4 percent on Wednesday, tracking a surge in overseas markets on strong data pointing to sustained global economic recovery and easing concerns about Egypt. The gains were also supported by bargain
Published 03 Feb, 2011 12:00am
Nikkei posts biggest daily gain in two months

Nikkei posts biggest daily gain in two months

Japan's Nikkei average scored its biggest daily gain in two months on Wednesday with all sectors ending higher as global markets rallied on strong manufacturing data, robust US earnings and easing concerns over the Middle East. The Nikkei's rise exceeded
Published 03 Feb, 2011 12:00am
Southeast Asian markets rise

Southeast Asian markets rise

Southeast Asian stock markets rose in subdued trade on Wednesday as solid US economic data revived risk appetite and investors bought energy-related shares because of the strong oil market. Most markets saw low trading volume, with turnover in Thai stocks
Published 03 Feb, 2011 12:00am
European shares edge higher

European shares edge higher

European shares edged higher on Wednesday, with miners gaining as copper remained near record highs on supply concerns, though weak results from engineering firms Atlas Copco and Sandvik weighed. The pan-European FTSEurofirst 300 index of top shares close
Published 03 Feb, 2011 12:00am
Miners, banks lift FTSE

Miners, banks lift FTSE

Banks and miners pushed Britain's top share index higher on Wednesday, lifted by further proof that the economic recovery in the United States is on track. The FTSE 100 index closed up 42.25 points, or 0.7 percent, at 6000.07, extending Tuesday's 1.6 perc
Published 03 Feb, 2011 12:00am
Sterling climbs versus dollar

Sterling climbs versus dollar

Sterling rose to its highest in three months against the dollar and gained versus the euro on Wednesday as upbeat data and hawkish central bank comments supported expectations for higher UK interest rates. Data showed British construction activity returne
Published 03 Feb, 2011 12:00am
Dollar slips in Asia

Dollar slips in Asia

The dollar marked its lowest level in nearly three months on Wednesday as a string of robust economic data and easing concerns over Egypt took the steam out of safe-haven buying in the currency. Strong manufacturing numbers from the United States and othe
Published 03 Feb, 2011 12:00am
Dollar slips in London

Dollar slips in London

The dollar clawed back some losses while the euro slipped on Wednesday after an apparent lack of consensus about a eurozone rescue fund highlighted ongoing uncertainty about how to solve the region's debt problems. Comments from a German government source
Published 03 Feb, 2011 12:00am
Early trade in New York: Euro retreats versus dollar

Early trade in New York: Euro retreats versus dollar

The euro retreated from a 2-1/2-month high against the dollar on Wednesday as questions surrounding a eurozone rescue plan and unrest in Egypt caused some investors to take profits on its recent rise. The currency climbed as high as $1.3861 overnight, its
Published 03 Feb, 2011 12:00am
Euro hits 2-1/2 month high in New York

Euro hits 2-1/2 month high in New York

The euro hit a 2-1/2-month high on Tuesday, driven above $1.38 by solid global manufacturing data, though analysts said risk appetite could fade if worries resurface about Europe's ability to manage its debt crisis. Markets considered the crisis in Egypt
Published 03 Feb, 2011 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 Wednesday. 71.14/71.15 (previous 71.15/71.15). Call Money Rates: 4.50-5.75 percent (previous 4.00-6.00 percent).
Published 03 Feb, 2011 12:00am
Indian rupee stays up

Indian rupee stays up

The Indian rupee extended gains on Wednesday supported by firm local shares and weak dollar, but eased from the day's high on dollar demand from oil importers. The partially convertible rupee closed at 45.62/63 per dollar, off the day's high of 45.54 but
Published 03 Feb, 2011 12:00am
Ringgit at record high

Ringgit at record high

The Malaysian ringgit hit a record high against the US dollar, leading gains in other Asian currencies on Wednesday, after solid US economic data triggered an increase in demand for riskier assets. The Indonesian rupiah and the Thai baht also gained but c
Published 03 Feb, 2011 12:00am
Australian, New Zealand dollars up

Australian, New Zealand dollars up

The New Zealand and Australian dollars held hefty gains on Wednesday courtesy of surging commodities and robust global economic data, with the market paying little attention so far to a massive cyclone heading for Queensland. In late trade the Australian
Published 03 Feb, 2011 12:00am
Swiss franc rises

Swiss franc rises

The Swiss franc hovered near one-month highs against the dollar on Wednesday as the greenback lost across the board after strong economic data and easing concerns about unrest in Egypt. The greenback is in striking distance of its record low against the f
Published 03 Feb, 2011 12:00am
Short-term sterling rates up

Short-term sterling rates up

Short-term sterling-priced interest rates rose on Wednesday as the market bet the Bank of England could raise rates sooner than thought after surprisingly strong UK construction data. Firming expectations that the European Central Bank will raise rates du
Published 03 Feb, 2011 12:00am
Students' Week 2010-11: CIBES holds Sports Gala opening ceremony

Students' Week 2010-11: CIBES holds Sports Gala opening ceremony

Commecs Institute of Business and Emerging Sciences (CIBES) organised the opening ceremony of Sports Gala on January 27, 2011 during the Students' Week. The legendary Hockey Olympian, Iftikhar Syed, graced the occasion as the Chief Guest. Umer Iqbal, Memb
Published 03 Feb, 2011 12:00am
MTFA approves 28 players for U-13 Festival of Football

MTFA approves 28 players for U-13 Festival of Football

Model Town Football Academy (MTFA) President Mian Rizwan Ali has approved 28 players in the training camp for taking part in Academies Phase of 13th National U-13 Festival of Football. The Camp will be organised from 3rd February (today) under Camp Comman
Published 03 Feb, 2011 12:00am
Palestine football coach announces team for Pakistan tour

Palestine football coach announces team for Pakistan tour

Palestine football team coach Moussa Bezaz announced 30-player squad for bilateral series between Pakistan and Palestine. Palestinian booters will arrive on 27th February and will be lined up for the first match at Lahore's Punjab Stadium on 1st March, fo
Published 03 Feb, 2011 12:00am
Australia beat England again

Australia beat England again

Australia pulled off their biggest ever successful run chase to beat England by two wickets in a thrilling sixth one-day international at the Sydney Cricket Ground on Wednesday. After a Jonathan Trott century helped England to their highest ever ODI score
Published 03 Feb, 2011 12:00am
Royal Palm Floodlit Cricket starts; 4 teams eliminated

Royal Palm Floodlit Cricket starts; 4 teams eliminated

The four-day Annual Royal Palm Floodlit Cricket Tournament took off at the superbly lit cricket arena of Royal Palm here on Wednesday. At the end of first day, four out of the sixteen teams, namely, Warriors, Lahore Eagles, Giants and Punjab Warriors stoo
Published 03 Feb, 2011 12:00am
Dhoni backs World Cup schedule

Dhoni backs World Cup schedule

India skipper Mahendra Singh Dhoni on Wednesday said the schedule of the upcoming World Cup could prove to be a blessing in disguise for his injury-hit team. The scheduling of the six-week tournament was recently slammed as "ridiculous" by top England bat
Published 03 Feb, 2011 12:00am
Chennai venue wall collapses in ticket rush

Chennai venue wall collapses in ticket rush

Hundreds of fans queuing up for cricket World Cup tickets pushed down a section of wall at the Chidambaram Stadium in Chennai on Wednesday, injuring one person, a venue official told AFP. Crowds were trying to get tickets to the India-West Indies game on
Published 03 Feb, 2011 12:00am
Pakistan need to name World Cup captain: Imran

Pakistan need to name World Cup captain: Imran

Pakistan have harmed their World Cup chances by delaying naming a captain for the February 19-April 2 tournament being held in India, Sri Lanka and Bangladesh, former skipper Imran Khan said. The Pakistan Cricket Board (PCB) announced their 15-man squad f
Published 03 Feb, 2011 12:00am
Nepal series: PCB names 20 female players for camp

Nepal series: PCB names 20 female players for camp

Pakistan Cricket Board on Wednesday named 20 female players to attend a training camp from February 6 at Lahore country club Muridke to prepare for home series against visiting Nepal women team. The players were named by selection committee headed by Muha
Published 03 Feb, 2011 12:00am
US and Afghans hope to rout expected Taliban offensive

US and Afghans hope to rout expected Taliban offensive

US and Afghan military officials hope that months of heavy fighting in southern Afghanistan have enabled them to head off a bloody offensive from the Taliban this spring as US forces prepare to begin their withdrawal. But serious doubts remain about wheth
Published 03 Feb, 2011 12:00am
Life sentence upheld for would-be Bush assassin

Life sentence upheld for would-be Bush assassin

A US appeals court upheld a life sentence Tuesday for an American citizen arrested in 2003 for joining an al Qaeda plot to assassinate then-president George W. Bush. The court in Virginia rejected Ahmed Omar Abu Ali's contention that his July 2009 sentenc
Published 03 Feb, 2011 12:00am
Thousands marry in big Indian wedding

Thousands marry in big Indian wedding

A total of 3,600 couples got married en masse in western India on Wednesday, organisers said, in a ceremony designed to raise awareness about poor farmers hit by debt and crop failures. Some 2,433 Hindu couples, 150 Muslims, 749 Buddhists, 15 Christians a
Published 03 Feb, 2011 12:00am
Al Qaeda actively seeking 'dirty' bombs

Al Qaeda actively seeking 'dirty' bombs

Al Qaeda is attempting to procure nuclear material and recruit rogue scientists in order to build a radioactive "dirty bomb," leaked documents published in Wednesday's Telegraph newspaper revealed. The cables, released by the WikiLeaks website, showed tha
Published 03 Feb, 2011 12:00am
Tunisia's new government purges police leadership

Tunisia's new government purges police leadership

Tunisia's interim government moved to take back control of the country's security forces on Wednesday, firing dozens of senior allies of fallen dictator Zine El Abidine Ben Ali. Prime Minister Mohammed Ghannouchi's new administration axed 30 top police of
Published 03 Feb, 2011 12:00am
To fight terrorism, EU wants airline passenger data

To fight terrorism, EU wants airline passenger data

The European Commission wants airlines flying into and out of the EU to hand passenger information to law enforcement under a new rule proposed Wednesday in the name of counter-terrorism. The European Union's executive branch vowed to protect the privacy
Published 03 Feb, 2011 12:00am
Banker jailed for insider dealing in UK

Banker jailed for insider dealing in UK

A former Dresdner banker has been jailed for three years and four months for running an eight-year UK insider dealing scam, a record victory for Britain's much-criticised banks regulator in its battle against cheats.
Published 03 Feb, 2011 12:00am
14 killed in Congolese rail accident

14 killed in Congolese rail accident

At least 14 people were killed Wednesday and around 20 injured when a goods train derailed in western Democratic Republic of Congo, local authorities said. The train derailed and fell onto its side at 9:00 am (0800 GMT) five kilometres from Tshimbulu stat
Published 03 Feb, 2011 12:00am
Murdoch launches iPad newspaper

Murdoch launches iPad newspaper

News Corp's Rupert Murdoch unveiled "The Daily" on Wednesday, a digital newspaper created specially for the iPad that will be sold through Apple's online store and cost 99 cents a week. "New times demand new journalism," the 79-year-old News Corp chairman
Published 03 Feb, 2011 12:00am
Afghan president in India to discuss security

Afghan president in India to discuss security

Afghan President Hamid Karzai arrived in the Indian capital on Wednesday to discuss efforts to restore security in Afghanistan and to attend a conference on sustainable development. Karzai will meet with Prime Minister Manmohan Singh on Thursday to update
Published 03 Feb, 2011 12:00am
Epic winter storm hits US

Epic winter storm hits US

The central United States was caught in the grip of a historic winter storm Wednesday, buried by drifting snow and sleet that ground air and road travel to a halt. The storm - one of the largest winter storms since the 1950s, according to NASA - stretched
Published 03 Feb, 2011 12:00am
'Worst ever' monster cyclone hits Australia

'Worst ever' monster cyclone hits Australia

A terrifying top-strength cyclone slammed into Australia's populous north-east coast Thursday, with officials warning it could be one of the most lethal storms in the nation's history. Howling winds whipped up by Severe Tropical Cyclone Yasi with speeds o
Published 03 Feb, 2011 12:00am
New York cotton rises for third day

New York cotton rises for third day

US cotton futures jumped for the third straight day on Wednesday, settling up the daily limit, as Asian mills fuelled the rally on average volume. Cotton futures have rallied almost 25 percent since the middle of January, the latest wave of a historic run
Published 03 Feb, 2011 12:00am
US copper rallies

US copper rallies

Copper rallied on Tuesday to a new record just shy of $10,000 a tonne, as another round of positive economic data backed the widely held view of robust global demand prospects in 2011. The rally - up about 8 percent over the past week - has already surpas
Published 03 Feb, 2011 12:00am
Copper steadies, but $10,000 still in sight

Copper steadies, but $10,000 still in sight

Copper rushed towards a record high on Wednesday, nearing $10,000 a tonne before losing momentum, but solid manufacturing data that pointed to higher demand for the industrial metal suggested gains further ahead. Three-month copper on the London Metal Exc
Published 03 Feb, 2011 12:00am
Malaysian palm oil markets closed

Malaysian palm oil markets closed

Malaysian palm oil markets are closed for the Lunar New Year holiday from 12.30pm (0430 GMT) February 2. Reuters will not be publishing cash palm oil prices and futures market reports. Trading will resume on February 7.
Published 03 Feb, 2011 12:00am
Tokyo rubber futures up

Tokyo rubber futures up

Key Tokyo rubber futures rose on Wednesday, supported by firm oil prices, but the market was capped by the yen's rise against the dollar. The benchmark rubber contract on the Tokyo Commodity Exchange for July delivery settled up 4.6 yen, or 1 percent, at
Published 03 Feb, 2011 12:00am
US soyabean up

US soyabean up

Soyabean futures on the Chicago Board of Trade climbed nearly 2 percent on Tuesday, hitting the highest spot price in more than 28 months on worries a port strike in Argentina might linger, traders said. CBOT March soyabean s ended up 25 cents at $14.38 p
Published 03 Feb, 2011 12:00am
India's exchanges not ready for rice futures relaunch

India's exchanges not ready for rice futures relaunch

India's commodities exchanges are not ready for the relaunch of rice futures as garnering liquidity in contracts is difficult, the market regulator said. "It is difficult to get liquidity in rice futures because of number of varieties...to create a benchm
Published 03 Feb, 2011 12:00am
Liffe white sugar surges to record high

Liffe white sugar surges to record high

Liffe March white sugar climbs $25.30 to close at $844.50 per tonne on Wednesday after setting a new record of $857 a tonne. A massive cyclone in Australia sends raw sugar futures surging, attracting investor and fund buying. Liffe May robusta coffee ends
Published 03 Feb, 2011 12:00am
Arabica coffee at 13-1/2 year top

Arabica coffee at 13-1/2 year top

Arabica coffee futures closed at their highest level in 13-1/2 years on Tuesday, buoyed by tight supplies and upward technical momentum. Cocoa futures eased on profit-taking and heavy volume, while many speculators shifted their concern away from an expor
Published 03 Feb, 2011 12:00am
Oil turns higher as worries over Egypt persist

Oil turns higher as worries over Egypt persist

Oil prices rose on Wednesday as worries persisted that upheaval in Egypt could spread across the Middle East and North Africa, source of a third of the world's supply of crude. Prices had lost some steam earlier after the dollar rebounded as nervous inves
Published 03 Feb, 2011 12:00am
US gold rises

US gold rises

US gold futures ended up on Tuesday as a weaker dollar stirred buying interest, but it failed to rally further after well-received US manufacturing data and relative peace in Egypt dampened the precious metal's safe-haven appeal. COMEX April gold futures
Published 03 Feb, 2011 12:00am
Gold lower in Asia

Gold lower in Asia

Gold dropped on Wednesday as rising equities and hopes for further economic recovery in the United States prompted some investors to shift to riskier assets, but lower prices could spur bargain hunting from jewellers. Spot gold fell $4.55 to $1,335.90 an
Published 03 Feb, 2011 12:00am
Gold dips in Europe

Gold dips in Europe

Gold prices eased on Wednesday after well-received US economic data and a spate of upbeat corporate earnings deflected interest away from bullion on to higher-risk, higher-yielding assets. Concern over unrest in Egypt and the prospect that it could spread
Published 03 Feb, 2011 12:00am
Sugar leaps to 30-year high

Sugar leaps to 30-year high

Raw sugar futures rose to the highest in three decades on Wednesday and white sugar hit a record peak as a massive cyclone hit Australia, the third-largest sugar exporter, deepening concerns about tight global supplies. Cocoa futures on ICE rose to just b
Published 03 Feb, 2011 12:00am
US MIDDAY: wheat, corn and soya up

US MIDDAY: wheat, corn and soya up

Wheat futures on the Chicago Board of Trade rose on Wednesday on good export demand from North Africa and the Middle East, traders said. Soyabeans were also firm, following wheat and supported by news of fresh sales of 2011/12 US soyabeans to China. Corn
Published 03 Feb, 2011 12:00am
US MIDDAY: copper flat

US MIDDAY: copper flat

Copper ended flat after rising to its third consecutive record high just short of $10,000 a tonne on Wednesday as economic confidence spurred robust demand prospects in 2011 against a backdrop of tight supply. COMEX March copper eased 0.30 cent to finish
Published 03 Feb, 2011 12:00am
US MIDDAY: gold drops

US MIDDAY: gold drops

Gold prices dropped nearly 1 percent on Wednesday after an encouraging US private-sector jobs report and relative stability in the Middle East - despite protests in Egypt - diverted interest to higher-risk assets and away from bullion. Bullion extended in
Published 03 Feb, 2011 12:00am
Soft-term financing: insurance companies to sign MoU with investors

Soft-term financing: insurance companies to sign MoU with investors

Banks and insurance companies will sign memorandum of understanding (MoU) with prospective investors for providing soft-term financing to their projects in livestock, dairy, fisheries and poultry sectors. This was stated by Secretary Investment Sindh Youn
Published 03 Feb, 2011 12:00am
Police official, cops shot dead in Bolan

Police official, cops shot dead in Bolan

Unidentified gunmen shot dead a police official and cops in Aab-e-Gum area of Kachi Bolan district between Tuesday and Wednesday night. According to police, SHO PS Dera Allahyar Haji Ali Nawaz Khoso along with Head Constable Fakhruddin, Constables Imam De
Published 03 Feb, 2011 12:00am
TSML, STX Corporation to collaborate in HBI production

TSML, STX Corporation to collaborate in HBI production

Tuwairqi Steel Mills Limited (TSML), a subsidiary of Al Tuwairqi Holding of the Kingdom of Saudi Arabia, and STX Corporation of South Korea have agreed to collaborate, in a bid to advance TSML's DRI Plant by producing HBI as well. The two parties have rea
Published 03 Feb, 2011 12:00am
Three-day training workshop on democracy begins

Three-day training workshop on democracy begins

A three-day training workshop on democracy and good governance commenced here under the auspices of Strengthening Participatory Organisation for the partner organisations of four Frontier Regions of Fata namely FR Peshawar, FR Kohat, FR Lakki and FR DI Kh
Published 03 Feb, 2011 12:00am
PC clarification

PC clarification

Referring to a news report appeared in daily, Business Recorder on February 1, 2011 titled, "Dispute with Etisalat-Cabinet Directs Immediate Steps for Resolution".
Published 03 Feb, 2011 12:00am
Cylinder blast hurts seven in Chitral

Cylinder blast hurts seven in Chitral

Seven persons were injured when a cylinder of liquified petroleum gas exploded at Khurkushandeh village in the suburbs of Chitral city on Wednesday. According to Chitral police, gas cylinder exploded in the house of Hayatur Rehman as a result he himself,
Published 03 Feb, 2011 12:00am
LeT denies killing sisters in IHK

LeT denies killing sisters in IHK

Lashkar-e-Taiba denied Wednesday killing two teenager sisters in held Kashmir in an attack that generated widespread outrage. The two women, aged 17 and 19, were killed in Sopore town, 55 kilometres (35 miles) north of occupied Srinagar, on Monday night w
Published 03 Feb, 2011 12:00am
SECP holds seminar on corporatization, e-Services

SECP holds seminar on corporatization, e-Services

The Securities and Exchange Commission of Pakistan (SECP) held a seminar on corporatization and e-Services project of the SECP in Karachi in collaboration with Management Association of Pakistan (MAP). According to a press release issued here on Wednesday
Published 03 Feb, 2011 12:00am
APTMA delegation visits KSE

APTMA delegation visits KSE

A delegation of All Pakistan Textile Mills Association (APTMA) on Wednesday visited Karachi Stock Exchange (KSE). The delegation headed by Yasin Siddik along with Anwar Ahmed Tata and other members of the APTMA had a meeting with Acting Managing Director
Published 03 Feb, 2011 12:00am
Young man's slaughtered body found in a box

Young man's slaughtered body found in a box

A slaughtered body was found in a box at Mawach Goth in the remits of Maripur police station. According to police, the victim, who was later identified Ghulam Hussain 26 son of Ibrahim alias Babu, was the resident of Bismillah colony Mawach Goth.
Published 03 Feb, 2011 12:00am
Government urged to protect medical institutes in Lyari

Government urged to protect medical institutes in Lyari

All Sindh Peoples Para Medical Staff Welfare Association on Wednesday appealed to the government to protect medical institutes in Lyari from destruction. A large number of people and members of the association's Lyari division staged a protest demonstrati
Published 03 Feb, 2011 12:00am
Thar coal: trade bodies' help sought to attract investment

Thar coal: trade bodies' help sought to attract investment

Managing Director, Thar Coal and Energy Board, Ajaz Ali Khan has sought the help of trade bodies to highlight Thar coal in their meetings with foreign delegations in order to attract them to invest in Thar coal sector. Speaking at a meeting of Pubic Secto
Published 03 Feb, 2011 12:00am
Sindh University BEd exams results

Sindh University BEd exams results

The Controller of Examinations University of Sindh has announced the result of BEd off Campus of annual examination 2008 here on Wednesday. Total 1904 candidates submitted their examination forms while 1900 candidates appeared in the examination. 120 cand
Published 03 Feb, 2011 12:00am
CIMA Global Business Challenge competition begins

CIMA Global Business Challenge competition begins

Chartered Institute of Management Accountants (CIMA) Global Business Challenge competition is open to full time undergraduates of public and private colleges and universities ideally, from a business or finance background, which would be lasted from Febru
Published 03 Feb, 2011 12:00am
Crime and punishment

Crime and punishment

The Raymond Davis case continues to dominate headlines and news discussions. What began as a terrible tragedy has turned into a ball of confusion thanks to a media that values headlines more than justice. But media conspiracy theories aside, the greater q
Published 03 Feb, 2011 12:00am
The art of leadership

The art of leadership

From literary works, it has been learnt that the hardest test for leaders is to challenge their character as much as their skills. Leaders are tested, again and again, throughout their careers, and the self-knowledge gained from these tests of character i
Published 03 Feb, 2011 12:00am
VIEWPOINT: US' democracy charade

VIEWPOINT: US' democracy charade

The uprising in Egypt has punctured a huge hole in America's pro-democracy pretence. In his famous speech to the Muslim world that he delivered in Cairo, President Barrack Obama had spent considerable time extolling the virtues of democracy and its releva
Published 03 Feb, 2011 12:00am
Mubarak's last hurrah

Mubarak's last hurrah

Egypt's President Hosni Mubarak has announced that he would step down later this year at the end of his fifth term. In a national broadcast late Tuesday night - having seen his fate being sealed by the million-man rally at the Tehrir Square in the heart o
Published 03 Feb, 2011 12:00am
The IMF comes to town

The IMF comes to town

The International Monetary Fund (IMF) team is currently in Pakistan. In what is clearly not the norm the Fund staff has met with two members of the second largest party in parliament, the PML(N), namely Chief Minister Punjab Shahbaz Sharif as well as Isha
Published 03 Feb, 2011 12:00am
'Save a Life Every Month': SKMCH&RC launching nationwide campaign

'Save a Life Every Month': SKMCH&RC launching nationwide campaign

Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) is launching a nationwide campaign "Save a Life Every Month" from the month of February. According to the hospital's spokesman, the idea is to encourage people to pledge for auto deduc
Published 03 Feb, 2011 12:00am
'Wapda missed opportunity to fill Mangla Dam during flood season'

'Wapda missed opportunity to fill Mangla Dam during flood season'

Azad Jammu and Kashmir (AJK) Minister for Information, Environment and Overseas Kashmiris, Mahmood Riaz said that Wapda missed an opportunity to fill the Mangla Dam during the last flood season and it also failed to settle even 10 percent people, which we
Published 03 Feb, 2011 12:00am
'UK working hard to promote investment climate in Pakistan'

'UK working hard to promote investment climate in Pakistan'

The British Government is working hard to promote the investment climate of Pakistan, and the British High Commission in Pakistan may soon organise an investment conference in United Kingdom to highlight the economic potential of Pakistan. This was stated
Published 03 Feb, 2011 12:00am
SCCI expresses gratitude to President

SCCI expresses gratitude to President

President Sialkot Chamber of Commerce and Industry (SCCI) Ghulam Mustafa Chaudhry in a press statement has expressed his gratitude to the President Asif Ali Zardari for issuing directive to the concerned authorities at Pepco, Wapda and Gepco that necessar
Published 03 Feb, 2011 12:00am
Honour killing incident: HRCP for transparent investigation

Honour killing incident: HRCP for transparent investigation

The Human Rights Commission of Pakistan (HRCP) has called upon the Punjab government to ensure an early and transparent investigation of an alleged incident of honour killing of a young woman in a village of Bahawalpur district. The young woman, Saima, le
Published 03 Feb, 2011 12:00am
Improvement in hydel generation

Improvement in hydel generation

A considerable improvement in hydel generation with the end of canal desilting has reversed the gap between demand and supply of electricity back to 1500MW from 2000MW last week. The hydel generation improved to 3600MW against below 3000MW throughout the
Published 03 Feb, 2011 12:00am
World Cancer Day on February 4

World Cancer Day on February 4

In order to create awareness about cancer for its early detection World Cancer Day is being observed in Pakistan like many other parts of the world with a resolve to continue efforts for achieving the goal of healthy society. World Cancer Day is observed
Published 03 Feb, 2011 12:00am
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