News Archives for Print - 2011-06-06

MetLife Alico American Life Insurance Company (Pakistan) Limited

MetLife Alico has issued Weekly Unit Prices for week ended June 02, 2011.

Published 06 Jun, 2011 12:00am

MetLife Alico American Life Insurance Company (Pakistan) Limited

MetLife Alico has issued Weekly Unit Prices for week ended June 02, 2011.

Published 06 Jun, 2011 12:00am

MetLife Alico American Life Insurance Company (Pakistan) Limited

MetLife Alico has issued Weekly Unit Prices for week ended June 02, 2011.

Published 06 Jun, 2011 12:00am

Bank: HABIB METROPOLITAN BANK - Analysis of Financial Statements - Financial Year 2010

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.

Published 06 Jun, 2011 12:00am

Bank: HABIB METROPOLITAN BANK - Analysis of Financial Statements - Financial Year 2010

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.

Published 06 Jun, 2011 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Jun, 2011 12:00am

Three foreign troops killed in Afghanistan

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

Published 06 Jun, 2011 12:00am

Indian police break up guru's anti-graft fast

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

Published 06 Jun, 2011 12:00am

China says its military no threat to peace in Asia

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

Published 06 Jun, 2011 12:00am

Top UK academics form new university

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.

Published 06 Jun, 2011 12:00am

Relations with US are 'frozen': Venezuela

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

Published 06 Jun, 2011 12:00am

Scientists close in on antimatter: study

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.

Published 06 Jun, 2011 12:00am

Bangladesh paralysed by strike

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

Published 06 Jun, 2011 12:00am

Hamas halts Gaza border traffic in row with Egypt

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

Published 06 Jun, 2011 12:00am

German hospitals swamped with E coli victims

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.

Published 06 Jun, 2011 12:00am

Abbas agrees to peace talks based on 1967 borders

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

Published 06 Jun, 2011 12:00am

Bombs hit Iraqi oil tanks in rare southern attack

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.

Published 06 Jun, 2011 12:00am

Plan for post- Qadhafi Libya 'embryonic': Hague

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.

Published 06 Jun, 2011 12:00am

Funeral prayers of Punjab DG Rangers offered

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

Published 06 Jun, 2011 12:00am

Prime Minister for formulating uniform curriculum for Madaaris

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

Published 06 Jun, 2011 12:00am

'Concept of Halal Food growing in Philippines'

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.

Published 06 Jun, 2011 12:00am

Prime Minister condemns Peshawar blast

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

Published 06 Jun, 2011 12:00am

Three killed in gas pipeline explosion

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

Published 06 Jun, 2011 12:00am

Decks cleared for launching of APTTA on June 12

Decks have been cleared for the launching of the Afghanistan-Pakistan Transit Trade Agreement (APTTA) on June 12, 2011.

Published 06 Jun, 2011 12:00am

PEC installing solar units at 50 places under PMISP

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.

Published 06 Jun, 2011 12:00am

10 students injured in police action in IHK: two bodies recovered

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

Published 06 Jun, 2011 12:00am

No evidence of Taliban presence in Quetta: Malik

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

Published 06 Jun, 2011 12:00am

Dry weather forecast for Quetta

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

Published 06 Jun, 2011 12:00am

Yasin appeals Pandits to return to IHK

The Chairman of Jammu and Kashmir Liberation Front (JKLF), Muhammad Yasin Malik, has asked the Kashmiri Pandits to return to the Kashmir Valley.

Published 06 Jun, 2011 12:00am

Five killed in road accident on Super Highway

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

Published 06 Jun, 2011 12:00am

Worst ever outbreak of HUS kidney disease: expert

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.

Published 06 Jun, 2011 12:00am

Diabetes may shorten working life

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

Published 06 Jun, 2011 12:00am

Smoking can kill eight million a year by 2030: WHO

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.

Published 06 Jun, 2011 12:00am

Congo bans plastic bags

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.

Published 06 Jun, 2011 12:00am

Head injuries linked to later violence

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

Published 06 Jun, 2011 12:00am

IEA sees record CO2 emissions in 2010

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

Published 06 Jun, 2011 12:00am

7,000 people a day still catching AIDS: UN

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

Published 06 Jun, 2011 12:00am

Intel unveils laptops with best tablet features

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

Published 06 Jun, 2011 12:00am

Internet traffic to quadruple by 2015: Cisco

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

Published 06 Jun, 2011 12:00am

Google says Chrome to power only notebooks for now

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.

Published 06 Jun, 2011 12:00am

Search giants make websites easier to find

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

Published 06 Jun, 2011 12:00am

WHO cellphone report 'inconclusive': Taiwan's HTC

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

Published 06 Jun, 2011 12:00am

Phone health risk needs more study: ATT official

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.

Published 06 Jun, 2011 12:00am

Samsung to stick with Google for its tablets

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

Published 06 Jun, 2011 12:00am

Microsoft gives sneak preview of 'Windows 8'

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

Published 06 Jun, 2011 12:00am

HP prepared to license webOS: chief executive

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 $

Published 06 Jun, 2011 12:00am

Broadens reach with 'Follow' buttons

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

Published 06 Jun, 2011 12:00am

Twitter usage rising among US adults: Pew study

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

Published 06 Jun, 2011 12:00am

Nearly 2,000 firms display new products at Taiwan computer show

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

Published 06 Jun, 2011 12:00am

Coca-Cola eyes China listing

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

Published 06 Jun, 2011 12:00am

Reliance aims to be debt-free this year

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

Published 06 Jun, 2011 12:00am

Barclays India wealth unit assets to grow 35 percent

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.

Published 06 Jun, 2011 12:00am

Barclays India wealth unit assets to grow 35 percent

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.

Published 06 Jun, 2011 12:00am

Hedge funds see bargains in discount retail

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

Published 06 Jun, 2011 12:00am

Hedge funds see bargains in discount retail

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

Published 06 Jun, 2011 12:00am

Ricoh to cut 10,000 jobs over three years

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

Published 06 Jun, 2011 12:00am

Ricoh to cut 10,000 jobs over three years

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

Published 06 Jun, 2011 12:00am

Citi targets commodities, equities in Asia

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.

Published 06 Jun, 2011 12:00am

Citi targets commodities, equities in Asia

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.

Published 06 Jun, 2011 12:00am

Rolls-Royce expanding in United States

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

Published 06 Jun, 2011 12:00am

Lockheed Martin willing to outsource F-35 production to Japan

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.

Published 06 Jun, 2011 12:00am

Fiat to invest $1 billion in Russia

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,

Published 06 Jun, 2011 12:00am

Fiat to invest $1 billion in Russia

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,

Published 06 Jun, 2011 12:00am

Incorporating technology in education: SU holds training workshop

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.

Published 06 Jun, 2011 12:00am

MONEY WEEK: how to spur investment

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

Published 06 Jun, 2011 12:00am

Steady conditions rule domestic commodities market

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.

Published 06 Jun, 2011 12:00am

Modest trading, small fluctuations marked the week; spot rate remains static at Rs 8,500

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.

Published 06 Jun, 2011 12:00am

Modest trading, small fluctuations marked the week; spot rate remains static at Rs 8,500

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.

Published 06 Jun, 2011 12:00am

Qatar bans salad vegetables from Germany, Spain

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

Published 06 Jun, 2011 12:00am

German retailers rationing sugar

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

Published 06 Jun, 2011 12:00am

Volkswagen to boost Russian production

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

Published 06 Jun, 2011 12:00am

Airlines, EU in escalating trade row over emissions

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

Published 06 Jun, 2011 12:00am

$40 billion needed to ensure transition to green economy

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.

Published 06 Jun, 2011 12:00am

Governments should pop commodity bubbles: UN report

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

Published 06 Jun, 2011 12:00am

Protest hits Chile key copper mine for second day

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.

Published 06 Jun, 2011 12:00am

Raging Greeks stage biggest anti-austerity protest

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.

Published 06 Jun, 2011 12:00am

Gulf states boost spending in hope of calming unrest

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

Published 06 Jun, 2011 12:00am

IMF to lend Egypt $3 billion: ministry

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

Published 06 Jun, 2011 12:00am

Portuguese vote in shadow of bailout, recession

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.

Published 06 Jun, 2011 12:00am

White House says needs to deal with housing problems

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.

Published 06 Jun, 2011 12:00am

Iraq to start Islamic services at two state banks

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

Published 06 Jun, 2011 12:00am

Iraq inks gas deals with foreign firms

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

Published 06 Jun, 2011 12:00am

Cricket: India set to take the Twenty20 momentum into ODIs

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.

Published 06 Jun, 2011 12:00am

Afridi's lawyer criticises PCB committee

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

Published 06 Jun, 2011 12:00am

Dilshan's best boosts Sri Lanka

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

Published 06 Jun, 2011 12:00am

Kirsten favourite to coach South Africa

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

Published 06 Jun, 2011 12:00am

Pakistani Squash players dominate the stage in Selangor

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

Published 06 Jun, 2011 12:00am

Pakistan Hockey team selection trials start tomorrow

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.

Published 06 Jun, 2011 12:00am

Former cricketer Mansoor charged with corruption

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

Published 06 Jun, 2011 12:00am

South Africa want to knock India off top

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

Published 06 Jun, 2011 12:00am

Donald turns down New Zealand bowling coach job

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

Published 06 Jun, 2011 12:00am

Kissinger ponders Blatter's offer of FIFA 'wise men' role

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.

Published 06 Jun, 2011 12:00am

China exults at first grand Slam championship

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.

Published 06 Jun, 2011 12:00am

Nadal beats Federer for sixth French Open Title

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

Published 06 Jun, 2011 12:00am

Palestinian authority to issue $50 million sukuk

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

Published 06 Jun, 2011 12:00am

Asian hedge funds hit hard in May

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

Published 06 Jun, 2011 12:00am

Asian hedge funds hit hard in May

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

Published 06 Jun, 2011 12:00am

One of two plaintiffs withdraws AIB bond challenge

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.

Published 06 Jun, 2011 12:00am

One of two plaintiffs withdraws AIB bond challenge

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.

Published 06 Jun, 2011 12:00am

Japanese shares may weaken next week

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

Published 06 Jun, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 24	277.93
USD PKR Interbank Buying / Oct 24	277.73
USD to Japanese Yen / Oct 24	152.34
USD to Swiss Franc / Oct 24	0.87
Pound Sterling to USD / Oct 24	1.29
Euro to USD / Oct 24	1.08

Stock	Volume
S&P 500 / Oct 23	5,797.42
Nasdaq / Oct 23	18,276.66
Dow Jones / Oct 23	42,514.95
India Sensex / Oct 24	80,036.12
Tokyo Nikkei / Oct 24	38,159.30
Hang Seng / Oct 24	20,456.99
FTSE 100 / Oct 24	8,336.73
Germany DAX 30 / Oct 24	19,526.03

Item	Value
Crude Oil USD/Barrel / Oct 24	71.62
Karachi Cotton PKR/37.32 KG / Oct 24	18,085
Gold 10 Grams PKR / Oct 24	242,713
Gold Spot USD/Ounce / Oct 24	2,729.33
Cotton US¢/pound / Oct 24	72.42
Petrol/Litre / Oct 25	247.03

Stock	Price
786 Invest Ltd / Oct 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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