Habib Metropolitan Bank was incorporated in Pakistan as a Public Listed Company in 1992 under the name, Metropolitan Bank Limited. The Bank commenced, duly licensed, full scheduled commercial-banking operations in October 1992.
Habib Metropolitan Bank was incorporated in Pakistan as a Public Listed Company in 1992 under the name, Metropolitan Bank Limited. The Bank commenced, duly licensed, full scheduled commercial-banking operations in October 1992.
Three foreign troops were killed in Afghanistan Sunday, including two who died when their helicopter crashed in the east, the Nato-led International Security Assistance Force (ISAF) said. ISAF added that the cause of the crash was being investigated but t
Police broke up a mass fast against graft led by India's most famous yoga guru on Sunday, risking more political headaches for the scandal-tainted government. A senior ruling party figure said the saffron-robed swami Ramdev had used the anti-corruption ev
The strength of China's armed forces is 20 years behind the US and although the military is developing new capabilities, it is not a threat to peace in Asia, the Chinese defence minister said Sundayn. China's military won't be used aggressively against it
A group of prominent British academics said Sunday they are starting a private university in London to rival the country's elite institutions in Oxford and Cambridge.
Venezuela's top diplomat says relations with the United States are "frozen" and President Hugo Chavez's government does not perceive any possibility of improving them after Washington imposed sanctions on the South American nation's state oil company. For
Scientists said Sunday they had trapped and stored antihydrogen atoms for a record 16 minutes, a stunning technical feat that promises deeper insights into the mysteries of antimatter.
Three small bombs exploded in Bangladesh's capital on Sunday as police clashed with protesters during a nation-wide strike called by opposition parties that brought the country to a halt. The low-intensity explosions went off near the headquarters of the
Hamas stopped travellers from crossing into Egypt on Sunday in a row with Egyptian authorities over restrictions at the Rafah border that have dented Palestinians' hopes of ending Gaza's isolation. Egypt eased border access last weekend to much fanfare, e
German hospitals are struggling to cope with the flood of E.coli victims, health minister Daniel Bahr said on Sunday, as scientists remain puzzled by the deadly bug that has killed 19 and infected 1,700 people across Europe.
Palestinian president Mahmud Abbas has told France he is ready to attend a Paris peace conference if Israel accepts talks based on the 1967 borders, an aide told AFP on Sunday. Nimr Hammad, a political advisor to Abbas, said the president had told French
A bomb attack against an Iraqi oil storage depot set one tank ablaze on Sunday in a rare assault on strategic southern oilfields, but the country's crude exports were unaffected, Iraqi oil officials and police said.
Libyan rebels need to flesh out their plans for post-Qadhafi rule and convince members of the current Libyan administration that they could work together, British Foreign Secretary William Hague said on Sunday.
The funeral prayers of the Director General Rangers, who was killed in a helicopter crash in Layyah, were offered at the DG Rangers headquarter in Lahore on Sunday. A helicopter carrying Director-General of Punjab Rangers Major-General Mohammad Nawaz and
Prime Minister Syed Yousuf Raza Gilani on Sunday directed the Interior Minister to hold meeting with the representatives of Wafaq-Ul-Madaaris Al-Arabia to decide a uniform curriculum for all religious institutions in the country. The Prime Minister was ta
Ambassador of Philippines in Pakistan Jesus I. Yabes has said that Pakistan has great natural resources, outstanding economic potential and a good economic team, which is taking the country's economy forward.
Prime Minister Syed Yousuf Raza Gilani has strongly condemned the bomb blast in Peshawar resulting in a loss of precious lives and injuries to many others. The Prime Minister reiterated government's resolve to root the cancer of terrorism out of every noo
Three people were killed while five others injured in a gas pipeline explosion on Khaiyali road here on Sunday. According to Rescue 1122, the gas pipeline passing near a private hospital on Khaiyali road suddenly burst, causing the collapse of a bank buil
Pakistan Engineering Council (PEC) is in process of installing solar units at around 50 different places across the country to promote this source of energy among people.
In Indian occupied Kashmir, two dead bodies were recovered from occupied Srinagar and Sopore areas. A decomposed unidentified body of a woman was recovered from river Jhelum near Aluchi Bagh in occupied Srinagar. The age of the woman was reported between
Interior Minister Rehman Malik on Sunday said there is no evidence of Taliban presence in the city and the propaganda in this regard was baseless. "The propaganda of Taliban Quetta Shura is baseless, if any one has concrete evidence about their claims, it
The Met Office has forecast dry weather for the city on Monday with maximum temperature expected to range between 34 degrees Centigrade and 36 degrees Centigrade. Dry weather has been forecast for the rest of the region. On Sunday, the highest temperature
At least five persons were killed and two others injured in a road accident on Super Highway near New Sabzi Mandi when a dumper truck fell on a Suzuki pick-up on Sunday morning. According to a Motorway police official, the accident occurred on service roa
The deadly kidney disease reported in a quarter of the recent E. coli cases in Germany and 11 other nations is the worst ever outbreak of Haemolytic Uraemic Syndrome (HUS), a top expert said on June 03.
People with diabetes may leave the workforce sooner than employees without diabetes - suggesting, French researchers say, that the common disease could be taking a large economic toll. Among more than 3,000 employees of France's national gas and electric
Tobacco will kill nearly six million people this year, including 600,000 non-smokers, because governments are not doing enough to persuade people to quit or protect others from second-hand smoke, the World Health Organisation (WHO) said on May 31.
The Republic of Congo has banned the production, import, sale and use of plastic bags in a move to fight environmental pollution in the Central African nation, government spokesman Bienvenu Okiemy said on June 02.
Young adults who've suffered head injuries are more likely to get into a fight or take part in other kinds of violence, according to new study findings. The link between head injury and violence was particularly strong if the previous head injury had occu
Global emissions of carbon dioxide hit their highest level ever in 2010, with the growth driven mainly by booming coal-reliant emerging economies, the International Energy Agency's chief economist said on May 30. Fatih Birol warned that carbon dioxide emi
About 7,000 people are being infected with AIDS each day and about half of the 34 million people with HIV do not know they have it, according to a UN report released to mark the disease's 30th anniversary. The UNAIDS agency said more money, less waste and
Intel unveiled a new category of laptops that it says will include the best features of tablets as the world's top chipmaker struggles to find its footing in the exploding market for mobile gadgets. Netbook pioneer Asustek showed its first new PC in Intel
Internet traffic will quadruple by 2015, network equipment maker Cisco predicted on June 1. The Silicon Valley Company said that the total number of network- connected devices would reach 15 billion in 2015, two for every person on the planet, and that ne
Google Inc will keep the focus of its Chrome operating system on notebooks, and has no immediate plan to make it available on tablets or to merge with its popular Android software for smartphones, said a senior executive.
Google, Bing and Yahoo are working together to enable websites to tag content in a way that lets search engines better categorise and prioritise the information in results. The Internet rivals on June 2 launched a schema.org initiative to promote a common
Taiwan's leading smartphone maker HTC on June 2 labelled as "inconclusive" a World Health Organisation study that said mobile phone users may be at increased risk of brain cancer. "While the current WHO research results are inconclusive, we continue to ac
An AT&T official on June 2 called the health risk of cellphones a serious issue meriting more research but downplayed new studies warning of a link to a type of brain cancer.
Samsung Electronics will depend on Google's Android mobile-device software to run future versions of its tablet computers, a senior Samsung official said in an interview published on May 31. "We'll continue to work with Android on future tablets," J.K. Sh
Microsoft gave a sneak preview on June 1 of the successor to Windows 7, a next-generation operating system designed to work on both personal computers and touchscreen tablets. Steven Sinofsky, President of Microsoft's Windows Division, demonstrated some o
Hewlett-Packard chief executive Leo Apotheker said on June 1 that the US computer giant is prepared to license the webOS operating system of newly acquired Palm to other companies. WebOS was designed by Palm for smartphones but HP, which bought Palm for $
Twitter on May 31 broadened its reach by letting websites add "Follow" buttons that visitors can click to begin tracking posts at the globally popular microblogging service. Twitter billed the button as "a new way to follow Twitter accounts directly from
More American adults are using Twitter and the micro-blogging service is particularly popular among African-Americans and Latinos, according to a survey released on June 1. Thirteen percent of the online adults aged 18 and older surveyed by the Pew Resear
The annual Computex, the world's second-largest computer show after CeBit in the United States, opened in Taipei on May 31, with local and foreign firms displaying their latest products. President Ma Ying-jeou opened the fair, saying he was happy to see C
US soft-drinks giant Coca-Cola is considering listing on the Shanghai stock exchange as China's main bourse moves toward launching an international board, a report said on June 01. The Hong Kong Economic Journal quoted a company spokesman as saying it is
India's largest private company, Reliance Industries, aims to be completely debt-free by the end of this fiscal year, its chairman, Mukesh Ambani, announced on June 03. "Reliance will be completely debt-free this year of 2011-12, which reflects the compan
Barclays Plc's India private banking unit expects its business to expand by a third over the next three years as the British bank looks to capture a bigger share of the growing wealth in Asia's third-largest economy, said a top executive.
Barclays Plc's India private banking unit expects its business to expand by a third over the next three years as the British bank looks to capture a bigger share of the growing wealth in Asia's third-largest economy, said a top executive.
With gas prices and unemployment high, low-income shoppers are not the only ones trying to find the best bargains in discount stores. Some of the largest stock-picking hedge funds jumped into Dollar General Corp, Family Dollar Stores Inc and Big Lots Inc
With gas prices and unemployment high, low-income shoppers are not the only ones trying to find the best bargains in discount stores. Some of the largest stock-picking hedge funds jumped into Dollar General Corp, Family Dollar Stores Inc and Big Lots Inc
Japanese office equipment and digital camera maker Ricoh said on June 02 it plans to cut 10,000 jobs world-wide over three years to turn around sagging business operations. Ricoh was hit hard by the 2008-09 global financial crisis and the strong yen and h
Japanese office equipment and digital camera maker Ricoh said on June 02 it plans to cut 10,000 jobs world-wide over three years to turn around sagging business operations. Ricoh was hit hard by the 2008-09 global financial crisis and the strong yen and h
Citigroup is looking to boost its Asia markets division by up to 150 positions this year, building on the expansion of its equity, commodity and FX businesses as it seeks to take advantage of a pick-up in client trading activity.
Citigroup is looking to boost its Asia markets division by up to 150 positions this year, building on the expansion of its equity, commodity and FX businesses as it seeks to take advantage of a pick-up in client trading activity.
Rolls-Royce Motor Cars is adding dealers in the United States as the economy recovers and demand for ultra-luxury vehicles returns, the company's chief executive told Reuters in an interview on June 01. Rolls-Royce ultimately expects to have 38 US dealers
Lockheed Martin is willing to outsource some production of its F-35 Joint Strike Fighter to Japanese firms if the country's government decides to buy them as its next mainstay fighter aircraft, an executive at the US company said on June 03.
Italian car giant Fiat is to invest $1.1 billion in Russia to build two auto plants, the latest big investment pledge from a foreign manufacturer, a top economy official said on June 01. "Fiat's investment will amount to $1.1 billion," Dmitry Levchenkov,
Italian car giant Fiat is to invest $1.1 billion in Russia to build two auto plants, the latest big investment pledge from a foreign manufacturer, a top economy official said on June 01. "Fiat's investment will amount to $1.1 billion," Dmitry Levchenkov,
Two-week training workshop for university and college teachers on 'incorporating technology in education' organised by the Faculty of Education Sindh University in collaboration with Higher Education Commission.
Gross fixed investment has declined from 22.05 percent of GDP to 13.4 percent in the past four years and the investment rate is at its lowest in four decades. This has a profound implication for future growth and job creation for a labour force growing at
Generally steady condition ruled on the commodity wholesale markets, while globally speaking a couple of items showed rise giving way for charity institution to see world food to lose balance in matter of supply.
Modest trading was marked on the cotton market throughout the week where price variation was only in a day or two. The spot rate was same right from day one to the closure of the week.
Modest trading was marked on the cotton market throughout the week where price variation was only in a day or two. The spot rate was same right from day one to the closure of the week.
The Gulf nation of Qatar has temporarily banned imports of fresh cucumbers, tomatoes and lettuces from Spain and Germany because of concerns about a deadly strain of E. coli. All other fresh fruit and vegetable shipments from Europe must carry a health ce
Some German retailers are limiting the amount of sugar that customers can buy to 4 kilograms per purchase due to a shortage, weekly magazine Focus reported, without citing sources. "Our outlets can decide how much they limit sales," the magazine cited Ger
German carmaker Volkswagen plans to boost production in Russia in the medium term, a spokesman for the company said, to tap into growth outside its home market and take advantage of incentives. Moscow expects foreign auto makers to invest $7 billion in Ru
Global airlines attacked the European Union on Sunday over its plan to force them into the bloc's emissions trading scheme, as the EU vowed to stand firm against threats of retaliation. Aviation chiefs spoke out against the EU move in Singapore at the sta
Investing $40 billion annually in the forest sector is needed for the world to transition into a low carbon, resource-efficient green economy, according to a UN report released here Sunday.
Direct government intervention may be needed to burst bubbles in commodity markets inflated by a new herd of financial investors, a UN study found. Excessive speculation has added around 20 percent to international oil prices, sending false signals to pol
Chile's fourth biggest copper mine, Codelco's El Teniente, was producing at less than half of capacity for a second day on Sunday after most staff workers stayed home to avoid violence by striking contractors, the company said.
Tens of thousands Greeks rallied in central Athens on Sunday to denounce politicians, bankers and tax dodgers, as the government prepared to inflict another bout of austerity demanded by its international lenders.
Oil-rich Oman and Bahrain are planning massive boosts in state spending aimed at calming popular unrest, officials said on Sunday. But analysts said measures intended to buy public support may fail because grievances are deeper than financial worries amon
The International Monetary Fund has granted Egypt a loan of three billion dollars over 12 months to help put its economy back on track, Finance Minister Samir Radwan announced on Sunday. "Egypt announces the end of negotiations with the IMF and the clinch
Portuguese voters went to the polls on Sunday to elect a government that will lead the nation through a time of deep austerity and recession after it received a 78-billion-euro bailout from the European Union and the IMF.
The struggling US housing sector will not stop the country's economic recovery but the Obama administration needs to deal with problems in the market, a top White House economic adviser said on Sunday.
Iraq is to offer Islamic banking services at its two main state-owned banks under a $42 million plan that will start being implemented this month, the finance ministry and the central bank said on Sunday. In a website posting, the finance ministry said th
Iraq on Sunday signed deals with Turkish, Kuwaiti and South Korean energy firms to develop two gas fields to boost production in a bid to help rebuild its energy-dependent economy. The final contract agreements came just days after Baghdad initialled a pr
Off to a perfect start by winning the lone Twenty20 game of the tour, a second-string India will have to shift gears quickly and now brace up for an ODI battle against the depleted West Indies in a five-match series starting, here Monday.
Shahid Afridi's lawyer has called the Pakistan Cricket Board's disciplinary process "a sham" as it prepares to pass judgement on the former one-day and Twenty20 captain. Afridi is due to appear before a disciplinary committee Wednesday after the allrounde
Sri Lanka captain Tillakaratne Dilshan posted his Test-best score of 193 but suffered in the process against England at Lord's here on Sunday. At the close of a rain-marred third day of the second Test, Sri Lanka were 372 for three in reply to England's f
Just over two months after guiding India to the World Cup, Gary Kirsten could become coach of his native South Africa. Cricket South Africa is expected to announce the name of the new coach on Monday after the CSA board has considered a recommendation fro
Three Pakistani players - Hammas Ahmed Tarar, Israr Ahmed, Ahmed Fareed and Ali Mujtaba Bokhari clinched titles in different events of Milo All Star Junior Squash Championship - an Asian Squash Federation's Super Series event on Sunday in Selangor, Malays
Trials for selection of Pak hockey team for two tournaments in Europe later this month will be held on June 7 at Naseer Bunda hockey stadium Islamabad. The training camp of national senior probables preparing for both European tour is in progress.
Former Pakistan batsman Mansoor Akhtar has been forced to step down from his senior position in a leading bank after being charged in a corruption case. According to a report, Mansoor had to step down as head of the United Bank sports complex after being
South Africa Test captain Graeme Smith said Sunday the priority this season is to challenge India for first position in the world rankings. The Proteas, who are expected to confirm Monday that former India World Cup-winning coach Gary Kirsten will take ch
Former South African paceman Allan Donald rejected an offer to become New Zealand's bowling coach Sunday to pursue a job in his homeland, New Zealand Cricket (NZC) said. Donald worked as the Black Caps' bowling coach for three months earlier this year and
Former US Secretary of State Henry Kissinger is considering an offer from FIFA president Sepp Blatter to take up a role in his new anti-corruption committee, he said on Sunday.
China rejoiced Sunday after Li Na's French Open triumph brought Asia its first Grand Slam singles win, sparking confident predictions of a new dawn for the game in the world's most populous nation.
Rafael Nadal won a 10th Grand Slam crown and equalled Bjorn Borg's record of six French Open titles when he defeated Roger Federer 7-5, 7-6 (7/3), 5-7, 6-1 on Sunday in the rivals' latest epic duel. Top seed Nadal, who was also champion in 2005, 2006, 200
The Palestine Monetary Authority hopes to issue to banks its first ever Islamic bond worth $50 million by the end of June, its governor Jihad al-Wazir said on Sunday. The authority originally aimed to issue the bonds, or sukuk, in the first quarter, but o
Asian hedge funds may have lost up to two-thirds of their year-to-date gains in May alone, with strategies such as macro and CTA, which bet on long-running market trends, hit hardest, said Matt Pecot, head of Credit Suisse's prime broking unit in Asia-Pac
Asian hedge funds may have lost up to two-thirds of their year-to-date gains in May alone, with strategies such as macro and CTA, which bet on long-running market trends, hit hardest, said Matt Pecot, head of Credit Suisse's prime broking unit in Asia-Pac
One of two plaintiffs opposing Irish government plans to make junior bondholders in Allied Irish Banks bear losses of up to 90 percent withdrew its challenge from the Irish High Court on Friday.
One of two plaintiffs opposing Irish government plans to make junior bondholders in Allied Irish Banks bear losses of up to 90 percent withdrew its challenge from the Irish High Court on Friday.
Japanese shares may come under pressure next week if US payrolls data turn out to be weaker than expected amid jitters over the health of the world's largest economy, brokers said Friday. In the week to June 3, the benchmark Nikkei index at the Tokyo Stoc