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Print - 2011-07-19
Emerging Asian currencies recover

Emerging Asian currencies recover

Short-term interbank speculators unwound exposure to emerging Asian currencies on Monday as growing debt crises in the eurozone and the United States boosted risk aversion, while the Philippine peso came under further pressure from the central bank's revi
Published 19 Jul, 2011 12:00am
Yuan lower

Yuan lower

The yuan ended slightly lower versus the dollar on Monday after the People's Bank of China set a weaker mid-point, in line with a strong dollar as investors fretted about the euro debt crisis. Spot yuan closed at 6.4687 versus the dollar, slightly lower t
Published 19 Jul, 2011 12:00am
Sterling rises

Sterling rises

Sterling hit a one-and-a-half-month high against the euro on Monday, boosted by a shift out of the single currency as eurozone policymakers struggle to find a solution to the bloc's worsening sovereign debt crisis. The pound fell against the dollar, howev
Published 19 Jul, 2011 12:00am
Aussie and New Zealand dollars decline

Aussie and New Zealand dollars decline

The New Zealand and Australian dollars were pressured against the US dollar on Monday as investors looked for safety amid concerns about debt problems in the eurozone and United States, although the kiwi was looking the stronger of the two.
Published 19 Jul, 2011 12:00am
Russia launches giant telescope in deep space

Russia launches giant telescope in deep space

Russia on Monday launched into space its Spektr-R radio telescope planned to be the most powerful ever, the first deep space observatory sent up by Moscow in a quarter of a century.
Published 19 Jul, 2011 12:00am
French yacht from grounded flotilla sails for Gaza

French yacht from grounded flotilla sails for Gaza

A French yacht carrying pro-Palestinian activists sailed for the Gaza Strip on Monday after other ships in a flotilla that had planned to challenge Israel's blockade were grounded in Greece, organisers said.
Published 19 Jul, 2011 12:00am
Clinton arrives in India for security talks

Clinton arrives in India for security talks

US Secretary of State Hillary Clinton arrived in India on Monday in the shadow of triple bomb blasts in Mumbai, looking to encourage New Delhi's engagement with Pakistan.
Published 19 Jul, 2011 12:00am
Israel plans more Jewish settler homes

Israel plans more Jewish settler homes

Israel announced plans on Monday to build another 294 homes in two Jewish settlements in the West Bank, and the Palestinians said the move hardened their resolve to seek statehood recognition from the United Nations.
Published 19 Jul, 2011 12:00am
Malaysia and Vatican establish diplomatic ties

Malaysia and Vatican establish diplomatic ties

The Vatican and Malaysia established diplomatic relations Monday in the wake of tensions between Muslims and religious minorities in the Southeast Asian nation. The Vatican announced the agreement after Pope Benedict XVI met with Malaysia's prime minister
Published 19 Jul, 2011 12:00am
India signs deal to end ethnic unrest in tea hills

India signs deal to end ethnic unrest in tea hills

India signed an "historic" deal on Monday granting autonomy to an ethnic group in the Himalayan tea-growing area of Darjeeling that has fought for decades for a homeland.
Published 19 Jul, 2011 12:00am
Cousin admits role in NYC subway terror plot

Cousin admits role in NYC subway terror plot

A cousin of admitted terrorist Najibullah Zazi publicly admitted for the first time Monday that he was in on Zazi's chilling 2009 plot to attack New York City subways with suicide bombers. Testifying at the federal obstruction-of-justice trial of Zazi's f
Published 19 Jul, 2011 12:00am
Libyan rebels claim victory in Brega oil town

Libyan rebels claim victory in Brega oil town

Rebel forces have routed most of Muammar Qadhafi 's troops in the Libyan oil town of Brega in the biggest boost for the insurgents' military campaign in eastern Libya in weeks, a rebel spokesman said on Monday. More than 30 people on both sides have been
Published 19 Jul, 2011 12:00am
Four die in China violence

Four die in China violence

More than four people, including a policeman, were killed Monday in an attack on a police station in far western China, state media reported. No motive was cited, but the Xinjiang region has been the scene of past ethnic conflict. The deaths happened afte
Published 19 Jul, 2011 12:00am
South Africa cheers Mandela's 93rd birthday

South Africa cheers Mandela's 93rd birthday

Millions of South African schoolchildren sang happy birthday to Nelson Mandela as he turned 93 Monday, while politicians and ordinary citizens did charity work to support his call to do good.
Published 19 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Monday (July 18, 2011) and the forecast for Tuesday (July 19, 2011).

Published 19 Jul, 2011 12:00am
Iran threatens to cut oil supply to India

Iran threatens to cut oil supply to India

Iran threatened Monday to cut oil supplies to India by the beginning of August if billions of dollars in what it said are overdue payments for crude oil are not made. The semi-official Fars news agency quoted an unidentified senior Oil Ministry official a
Published 19 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 19 Jul, 2011 12:00am
Britain vetos EU military Headquarters plans

Britain vetos EU military Headquarters plans

Britain rejected plans Monday for a permanent European Union military headquarters, putting it at odds with its ally France amid stalled efforts to launch a common EU defence policy. "The United Kingdom will not agree to such a permanent OHQ (operational
Published 19 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 19 Jul, 2011 12:00am
'Modern Poetry of Pakistan' introduced

'Modern Poetry of Pakistan' introduced

Translation editor Waqas Khwaja has introduced 'Modern Poetry of Pakistan', the first anthology of its kind in English in a book entitled "Pakistani Poetry in Translation: Building Bridges Across Cultural and Linguistic Divides" here Monday.
Published 19 Jul, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
LHC issues BAW of Tasneem Rizvi

LHC issues BAW of Tasneem Rizvi

Lahore High Court (LHC) here on Monday issued bailable arrest warrants (BAW) of First Woman Bank, Faisalabad D-ground branch Area Manager Tasneem Rizvi for not appearing before the court to defend allegations of fraud against her and other bank officers.
Published 19 Jul, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (July 18, 2011) and for Tuesday (July 19, 2011).
Published 19 Jul, 2011 12:00am
Separate counters for women at USC outlets during Ramazan

Separate counters for women at USC outlets during Ramazan

Leader of Pakistan Muslim League-Q and senior federal minister Chaudhry Parvez Elahi has said that all Utility Stores outlets in the country will establish separate facilitation counters for women while seven new Utility Stores counters will be set up at
Published 19 Jul, 2011 12:00am
President Zardari to visit Kabul today

President Zardari to visit Kabul today

President Asif Ali Zardari will visit Kabul on Tuesday to hold talks with Afghan President Hamid Karzai. During the visit President Zardari and Afghan President Karzai will discuss issues of bilateral importance as well as the regional and international s
Published 19 Jul, 2011 12:00am
Gilani to meet Shahbaz after UK visit

Gilani to meet Shahbaz after UK visit

Prime Minister Syed Yousuf Raza Gilani would hold a meeting with Chief Minister Punjab Shahbaz Sharif after his visit to United Kingdom.
Published 19 Jul, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Indus at Chashma, River Ravi at Balloki in low floods

Indus at Chashma, River Ravi at Balloki in low floods

River Indus is in low floods at Chashma with a flow of 2,55,800 cusecs and River Ravi at Balloki with a discharge of 44,000 cusecs, Flood Warning Centre said, here on Monday. It said all other rivers are in below low floods at all vintage points.
Published 19 Jul, 2011 12:00am
Etihad offers 20 percent fare discount to Karachi travellers

Etihad offers 20 percent fare discount to Karachi travellers

Etihad Airways, national airline of the UAE, is offering 20 percent discounts on fares to UAE from Karachi for travel until August 20, 2011. The fares, which coincide with the ongoing holiday season, will make travel to the UAE possible for as little as P
Published 19 Jul, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Man commits suicide

Man commits suicide

A man committed suicide over a domestic issue on Monday here at Chithar area of Nasirabad. According to the police, the victim Shahzad Shah consumed poison over a domestic issue. The body has been handed over to the heirs after legal formalities. Further
Published 19 Jul, 2011 12:00am
Kerala officials probe Pak-born Briton's property deal

Kerala officials probe Pak-born Briton's property deal

District Collector PM Francis in Kerala state has issued a notice by "affixture" to a Pakistan-born British national, asking him to show-cause why the transfer of registry of a property he purchased at Kovalam in 2007 should not be cancelled.
Published 19 Jul, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Rana Sanaullah appears before Supreme Court

Rana Sanaullah appears before Supreme Court

Punjab Law Minister Rana Sanaullah on Monday appeared before the Supreme Court to defend himself in connection with his statement in which he had allegedly stated that Dr Babar Awan, former federal Law Minister, was liable to death.
Published 19 Jul, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
SLICP investment: government asked to recover money through FIA, NAB

SLICP investment: government asked to recover money through FIA, NAB

Expressing grave concern over alleged illegal investment of billions in stock exchange by State Life Insurance Corporation of Pakistan (SLICP), a parliamentary panel Monday directed the government to recover the money through FIA and NAB within a month.
Published 19 Jul, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
PNS Mehran incident: National Assembly panel to meet on July 20

PNS Mehran incident: National Assembly panel to meet on July 20

The sub-committee of National Assembly Standing Committee on Defence will meet on July 20 to review the progress so far made in PNS Mehran incident apart from looking into security at airports in line with the services structure of Airport Security Forces
Published 19 Jul, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Saleem Shahzad case: commission records two persons' statements

Saleem Shahzad case: commission records two persons' statements

The Judicial Commission, probing the mysterious killing of renowned journalist Saleem Shahzad, recorded statements of two persons while Punjab Police handed over 48 items, recovered from the vehicle of slain journalist to the commission.
Published 19 Jul, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Two buses attacked in Orangi; teenager killed

Two buses attacked in Orangi; teenager killed

Tension gripped several parts of Orangi Town on Monday after a teenager was killed while two other sustained bullet wounds in a drive-by shooting on two buses in the locality. Following an armed attack on ANP worker Javed near Government College,
Published 19 Jul, 2011 12:00am
'Malik not alleged any country for Karachi unrest'

'Malik not alleged any country for Karachi unrest'

Interior Ministry Spokesman on Monday clarified that Interior Minister Rehman Malik did not allege any country including Israel for involvement in Karachi unrest. He said that some of the electronic and print media had misinterpreted the statement of Fede
Published 19 Jul, 2011 12:00am
Five hurt in cracker-blast

Five hurt in cracker-blast

Five persons received minor injuries after fireworks went off here at Piran Ghaib in Multan. According to Rescue 1122 sources, blast occurred while a religious ceremony was in progress at Pul Bhatian in Piran Ghaib Multan late night Sunday.
Published 19 Jul, 2011 12:00am
'JPMC to close services if adequate funds not released'

'JPMC to close services if adequate funds not released'

Despite a passage of three weeks of the devolution of Jinnah Postgraduate Medical Centre (JPMC) Sindh government is failed to release adequate funds to facility, causing severe hardships to the management in facilitating the patients, says Co-chairman JPM
Published 19 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 18, 2011).

Published 19 Jul, 2011 12:00am
Railways has only two days' fuel: Bilour

Railways has only two days' fuel: Bilour

Federal Minister for Railways Haji Ghulam Ahmad Bilour has sent an SOS message to the government that Pakistan Railways had only two days' diesel to run the trains and it had no money to buy the fuel. Addressing a news conference at the PR Headquarters Bi
Published 19 Jul, 2011 12:00am
AIOU extends admissions date till July 26

AIOU extends admissions date till July 26

Allama Iqbal Open University (AIOU) has extended the date for its postgraduate admissions for the Semester Autumn, 2011 with late fee charges of Rs 1000 till July 26.
Published 19 Jul, 2011 12:00am
Railways to involve private sector under PPP model

Railways to involve private sector under PPP model

Pakistan Railways is planning to invite private sector to participate in commercial activities like dry ports and provision of facilities to railway stations under the Public Private Partnership (PPP) to put the department on track of self-reliance, it is
Published 19 Jul, 2011 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The rupee managed to gain versus dollar on the currency market on Monday in process of trading, dealers said.
Published 19 Jul, 2011 12:00am
FIA to probe another land scam

FIA to probe another land scam

An Anti Terrorism court on Monday sent PML-N MNA Anjum Aqeel, accused in Rs6 billion National Police Foundation (NPF) land scam, to Adiala Jail on 14 day judicial remand by turning down police plea for a seven day physical remand of the legislator in the
Published 19 Jul, 2011 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The rupee managed to gain versus dollar on the currency market on Monday in process of trading, dealers said.
Published 19 Jul, 2011 12:00am
IHC seeks report in missing person's case

IHC seeks report in missing person's case

Islamabad High Court (IHC) on Monday sought report within two days from Superintendent Police (SP) Islamabad and standing counsel over the issue of missing person Imran Yousaf Zai. The Single Member Bench comprising Justice Muhammad Anwar Khan Kasi issued
Published 19 Jul, 2011 12:00am
Prime Minister Gilani arrives in London on four-day visit

Prime Minister Gilani arrives in London on four-day visit

Prime Minister Syed Yousuf Raza Gilani arrived here on Monday on a four-day visit to hold meetings with the British leadership to enhance bilateral relations. The prime minister flew to the United Kingdom's capital by a commercial flight of the national f
Published 19 Jul, 2011 12:00am
'Lack of oil, gas main reason for power shortfall'

'Lack of oil, gas main reason for power shortfall'

Managing Director Pepco, Rasool Khan Masood has said unavailability of oil and gas is the main reason for electricity shortfall, which reached 6000MW lately. He was addressing a press conference at the Wapda Auditorium, here on Monday. Masood said the cha
Published 19 Jul, 2011 12:00am
IP gas pipeline project to cost $1.5 billion, NA body told

IP gas pipeline project to cost $1.5 billion, NA body told

The National Assembly's Standing Committee on Petroleum and Natural Resources was informed that the total cot of Iran-Pakistan Gas Pipeline project (IP) would be around $1.5 billion. Ijaz Chaudhary, Secretary Ministry of Petroleum, while briefing the comm
Published 19 Jul, 2011 12:00am
70,000 houses electrified by using hydro power

70,000 houses electrified by using hydro power

Pakistan Council for Renewable Energy Technologies (PCRET) on Monday completed electrification of about 70,000 houses by using hydro power plants which will help to meet local energy needs. Cost of installation of these plants is more than Rs 70,000 per K
Published 19 Jul, 2011 12:00am
'Invisible forces' sabotaging Indo-Pak peace process'

'Invisible forces' sabotaging Indo-Pak peace process'

Stating that India and Pakistan should show responsibility in checking terror activities, Union Minister for New and Renewable Energy and National Conference President, Farooq Abdullah said invisible forces are trying to scuttle peace process between the
Published 19 Jul, 2011 12:00am
Commissioner for committees to promote 'Kitchen Gardening'

Commissioner for committees to promote 'Kitchen Gardening'

Commissioner Rawalpindi Division Zahid Saeed has directed all DCOs to constitute district level committees to promote "Kitchen Gardening" Programme of Chief Minister Punjab Shahbaz Sharif. He said this while presiding over the review meeting of the progra
Published 19 Jul, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jul, 2011 12:00am
Concrete barricades to be replaced by automatic road blockers

Concrete barricades to be replaced by automatic road blockers

The Capital Development Authority (CDA) has decided to replace concrete barricades with automatic road blockers affixed with sensitive security cameras to avoid traffic congestion and introduce modern checking system.
Published 19 Jul, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jul, 2011 12:00am
Pak-Malaysia JCDC meets in Kaula Lumpur

Pak-Malaysia JCDC meets in Kaula Lumpur

Pak-Malaysia Joint Committee on Defence Co-operation (JCDC) was held here on Monday. According to reports from Kaula Lumpur, Pakistan side was led by Secretary Ministry of Defence, Lieutenant-General Syed Athar Ali(Retd) while Dato' Sri Dr Haji Ismail bin
Published 19 Jul, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 19 Jul, 2011 12:00am
Taliban execute Pakistani policemen on video

Taliban execute Pakistani policemen on video

The Taliban released a video Monday showing fighters executing 16 Pakistani tribal policemen in a hail of gunfire who were captured in a cross-border raid from Afghanistan earlier this summer. The video shows the policemen lined up on a hillside with thei
Published 19 Jul, 2011 12:00am
Taliban execute Pakistani policemen on video

Taliban execute Pakistani policemen on video

The Taliban released a video Monday showing fighters executing 16 Pakistani tribal policemen in a hail of gunfire who were captured in a cross-border raid from Afghanistan earlier this summer. The video shows the policemen lined up on a hillside with thei
Published 19 Jul, 2011 12:00am