News Archives for Print - 2011-11-12

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Nov, 2011 12:00am

FBR to approach manufacturers, cellphone companies

The Federal Board of Revenue has decided to approach cement manufacturers, food/beverages companies, cigarette manufacturers, automobile assemblers/manufactures and mobile phone companies for registration of distributors, wholesalers and retailers. Source

Published 12 Nov, 2011 12:00am

BRIDGE NOTES: Play safe and enjoy

The trick taking ability in bridge is not everyone's forte. It is acquired by good declarers over a period of time by sheer hard work at acquiring the habit of visualizing the possible distribution and key cards of the opponents and then concentrating eno

Published 12 Nov, 2011 12:00am

FBR to approach manufacturers, cellphone companies

The Federal Board of Revenue has decided to approach cement manufacturers, food/beverages companies, cigarette manufacturers, automobile assemblers/manufactures and mobile phone companies for registration of distributors, wholesalers and retailers. Source

Published 12 Nov, 2011 12:00am

The psyche of death

Death by simple definition is just 'the end of life'. All human beings are destined to die one day as per their 'predetermined time' from the moment of their birth. There are a number of factors that influence the longevity and the period of life that an

Published 12 Nov, 2011 12:00am

CNICs/NTNs condition: noncompliant manufacturers to face action

The Federal Board of Revenue has decided to take action against manufacturers who would fail to provide details of the Computerised National Identity Card (CNIC) number or National Tax Number (NTN) of unregistered buyers from January 1, 2012 under SRO 821

Published 12 Nov, 2011 12:00am

ART FACTS: Street art culture

The street painting culture has its own significance and popularity among the masses here but as the years gone by this practice gain momentum and acceptance in the society. The street artists with no formal education produce such an attractive and though

Published 12 Nov, 2011 12:00am

CNICs/NTNs condition: noncompliant manufacturers to face action

The Federal Board of Revenue has decided to take action against manufacturers who would fail to provide details of the Computerised National Identity Card (CNIC) number or National Tax Number (NTN) of unregistered buyers from January 1, 2012 under SRO 821

Published 12 Nov, 2011 12:00am

KARACHI CHRONICLE: Fashionable black

There were hardly two days left for Eid. At two in the morning I could hear the sewing machines of the tailor, below my apartment, whirring away busily. At five I woke up for a drink of water, and the machines were still whirring. "Still busy for Eid?" I

Published 12 Nov, 2011 12:00am

CNICs/NTNs condition: noncompliant manufacturers to face action

The Federal Board of Revenue has decided to take action against manufacturers who would fail to provide details of the Computerised National Identity Card (CNIC) number or National Tax Number (NTN) of unregistered buyers from January 1, 2012 under SRO 821

Published 12 Nov, 2011 12:00am

Virtues of forgiveness, love and decency

Suppose you wanted to write a novel about the activities of a man and chronicles of his life, obviously it requires a powerful narration and a lot of details. Faced with such narrative limitations you might be tempted to invent a wider canvas of things, p

Published 12 Nov, 2011 12:00am

CDWP gives go-ahead to Palai Dam Revised PC-1

The Central Development Working Party (CDWP) has approved ''Construction of Palai Dam (Revised PC-1)'', costing Rs 911.143 million, for completion within the current financial year 2011-12. The dam is located in FATA, where there is disturbance due to mil

Published 12 Nov, 2011 12:00am

No change on grain market

No change was seen on the wholesale grain and oilseeds market on Friday as almost all the participants were busy in preparations for Juma prayers, grain and oilseed merchants group's press release said.

Published 12 Nov, 2011 12:00am

CDWP gives go-ahead to Palai Dam Revised PC-1

The Central Development Working Party (CDWP) has approved 'Construction of Palai Dam (Revised PC-1)', costing Rs 911.143 million, for completion within the current financial year 2011-12. The dam is located in FATA, where there is disturbance due to milit

Published 12 Nov, 2011 12:00am

Kazakhstan to export wheat via Ukraine

About 100,000 tonnes of Kazakh wheat will be exported through Ukrainian grain terminal Avlita in the Black Sea port of Sevastopol by the year-end, the terminal said in a statement on Friday. The first shipment of Kazakh wheat arrived at the terminal on No

Published 12 Nov, 2011 12:00am

CDWP gives go-ahead to Palai Dam Revised PC-1

The Central Development Working Party (CDWP) has approved 'Construction of Palai Dam (Revised PC-1)', costing Rs 911.143 million, for completion within the current financial year 2011-12. The dam is located in FATA, where there is disturbance due to milit

Published 12 Nov, 2011 12:00am

Russia harvests 96.9 million tonnes of grain

Russia has harvested 96.9 million tonnes of grain by bunker weight from 97.3 percent of the harvesting area of 42.9 million hectares, the Agriculture Ministry data showed on Thursday. The ministry has lowered the targeted harvesting area from a previous 4

Published 12 Nov, 2011 12:00am

Wall Street jumps

US stocks rose on Friday and were on track to end the week higher as Italy''s Senate approved economic reforms, easing investors'' concerns about the eurozone''s debt crisis. In early afternoon, the Dow Jones industrial average shot up 273.59 points, or 2

Published 12 Nov, 2011 12:00am

India's October palm oil imports become more expensive

India's palm oil imports are likely to have fallen in October as they became more expensive after Indonesia tweaked export taxes to promote sales of its refined oil, a Reuters survey showed on Friday. Palm oil imports could have dropped 12.2 percent in Oc

Published 12 Nov, 2011 12:00am

Wall Street jumps

US stocks rose on Friday and were on track to end the week higher as Italy's Senate approved economic reforms, easing investors' concerns about the eurozone's debt crisis. In early afternoon, the Dow Jones industrial average shot up 273.59 points, or 2.30

Published 12 Nov, 2011 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 85,058 tonnes of cargo comprising 81,985 tonnes of import cargo and 3,073 tonnes of export cargo including 381 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 81,985 tonnes c

Published 12 Nov, 2011 12:00am

Wall Street jumps

US stocks rose on Friday and were on track to end the week higher as Italy's Senate approved economic reforms, easing investors' concerns about the eurozone's debt crisis. In early afternoon, the Dow Jones industrial average shot up 273.59 points, or 2.30

Published 12 Nov, 2011 12:00am

US wheat and corn futures mostly flat

US wheat and corn futures were mostly flat on Friday, consolidating after the prior session's setbacks driven by weak US export sales and the fallout from Europe's debt crisis. Dealers said a weaker dollar underpinned US prices on Friday but ongoing conce

Published 12 Nov, 2011 12:00am

IMF rejects Chinese request to include yuan in SDR

Diplomatic deadlock is curbing China''s will to provide cash to help end the eurozone crisis after Europe spurned the simplest of Beijing''s three key demands, two independent sources have told Reuters.

Published 12 Nov, 2011 12:00am

Trading activity back to normal, prices range bound on cotton market

Trading activity coming back to normal on the cotton market on Friday as traders showed interest in fresh buying, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 5,450, they said. Prices of seed-cotton of low type

Published 12 Nov, 2011 12:00am

IMF rejects Chinese request to include yuan in SDR

Diplomatic deadlock is curbing China's will to provide cash to help end the eurozone crisis after Europe spurned the simplest of Beijing's three key demands, two independent sources have told Reuters.

Published 12 Nov, 2011 12:00am

US feed maker signs major deal to buy UK wheat

UK grain merchant Openfield said on Friday it had signed a major contract to supply feed wheat to the United States with the first shipment due for loading next week. Britain's largest grain farmer co-operative said the approach from a major US feed compo

Published 12 Nov, 2011 12:00am

IMF rejects Chinese request to include yuan in SDR

Diplomatic deadlock is curbing China's will to provide cash to help end the eurozone crisis after Europe spurned the simplest of Beijing's three key demands, two independent sources have told Reuters.

Published 12 Nov, 2011 12:00am

Japan to spread reconstruction tax burden over 25 years

Japan's finance minister on Friday welcomed a ruling party deal with the opposition on tax hikes to fund rebuilding after the quake in March, paving the way for the passage of a $155 billion emergency budget in a split parliament.

Published 12 Nov, 2011 12:00am

Italy pushes through austerity law: Greek Prime Minister sworn in

Italy''s parliament on Friday began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown and Washington ratcheted up pressure for more dramatic action from the currency bloc. The Italian Senate approved a new bud

Published 12 Nov, 2011 12:00am

Bank of Korea holds rates, tones down inflation rhetoric

The Bank of Korea held interest rates steady for the fifth successive month on Friday, as expected, as data showed consumer debts in Asia's fourth-largest economy had increased sharply from a year ago. Economists said that while the South Korean central b

Published 12 Nov, 2011 12:00am

Italy pushes through austerity law: Greek Prime Minister sworn in

Italy's parliament on Friday began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown and Washington ratcheted up pressure for more dramatic action from the currency bloc. The Italian Senate approved a new budg

Published 12 Nov, 2011 12:00am

Malaysia's central bank holds rates

Malaysia's central bank kept its key interest rate unchanged at 3.00 percent at its last monetary policy meeting for 2011 on Friday, but warned of risks to growth as some analysts predicted a possible easing next year. Bank Negara joins Bank of Korea in k

Published 12 Nov, 2011 12:00am

Italy pushes through austerity law: Greek Prime Minister sworn in

Italy's parliament on Friday began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown and Washington ratcheted up pressure for more dramatic action from the currency bloc. The Italian Senate approved a new budg

Published 12 Nov, 2011 12:00am

India makes small savings more attractive, tweaks structure

India has made small savings more attractive in an effort to woo small investors and enlarge the national savings pool, a notification from the finance ministry on Friday showed. The government borrows money from this pool of small savings to finance its

Published 12 Nov, 2011 12:00am

Eyeing Iran, US plans munitions sale to UAE: report

The United States has plans to provide thousands of advanced "bunker-busting" bombs to the United Arab Emirates as part of efforts to contain Iran, The Wall Street Journal reported Friday. The advanced munitions are designed to demolish bunkers, tunnels a

Published 12 Nov, 2011 12:00am

Cyprus says scope of aid to banks 'limited'

Cyprus said on Friday it would help its Greek-exposed banks to boost their capital if their own efforts fall short, but acknowledged that its capacity to assist was constrained by the country's own fiscal difficulties. Finance Minister Kikis Kazamias said

Published 12 Nov, 2011 12:00am

Eyeing Iran, US plans munitions sale to UAE: report

The United States has plans to provide thousands of advanced "bunker-busting" bombs to the United Arab Emirates as part of efforts to contain Iran, The Wall Street Journal reported Friday. The advanced munitions are designed to demolish bunkers, tunnels a

Published 12 Nov, 2011 12:00am

Exxon signs Kurd deals; Baghdad issues warning

Exxon Mobil has signed oil and gas exploration deals with Iraq's Kurdistan, an adviser to the Kurdish government said on Friday, in a bold step that prompted warnings from Baghdad that the move could jeopardise the company's future in the country.

Published 12 Nov, 2011 12:00am

Imran Farooq's murder: two suspects arrested in Karachi: London Police

London Police Commissioner Bernard Hogan Howe on Friday confirmed that two alleged killers of MQM leader Dr Imran Farooq were arrested in Karachi, Aaj News reported. According to the channel, London police commissioner has said that Britain and Pak

Published 12 Nov, 2011 12:00am

Petronas, Shell sign $12 billion deal

Malaysian state energy firm Petronas said Friday it has signed an agreement with Anglo-Dutch oil giant Shell to spend $12 billion to jointly develop oil fields off Malaysia's Borneo island. The two companies agreed Thursday to two 30-year production-shari

Published 12 Nov, 2011 12:00am

Imran Farooq's murder: two suspects arrested in Karachi: London Police

London Police Commissioner Bernard Hogan Howe on Friday confirmed that two alleged killers of MQM leader Dr Imran Farooq were arrested in Karachi, Aaj News reported. According to the channel, London police commissioner has said that Britain and Pak

Published 12 Nov, 2011 12:00am

Bankrupt MF Global shuts down, lays off 1,000

Bankrupt US broker MF Global, which collapsed under the weight of huge bad bets on risky European debt, officially shut down Friday laying off 1,066 workers. The liquidation trustee for the broker, which had been led by Wall Street star and ex-Goldman Sac

Published 12 Nov, 2011 12:00am

EU aims for partnership pact with Afghanistan

The European Union aims to kick-start a partnership pact with Afghanistan next week ranging from economic affairs to human rights and counter-terrorism, ahead of the 2014 transition. EU foreign ministers holding talks in Brussels on Monday are expected to

Published 12 Nov, 2011 12:00am

Universal, Sony stun in EMI deal wins

Vivendi's Universal Music Group and Sony won the auction for EMI's recorded music and music publishing operations on Friday, trumping bids by archrivals Warner Music Group and BMG Music Publishing at the 11th hour. Universal said it would buy EMI's record

Published 12 Nov, 2011 12:00am

US consumer sentiment rises

Americans became more hopeful about the US economic outlook in November, pushing consumer sentiment to a five-month high, though they still have a gloomy view of personal finances, a survey released on Friday showed. It was the third monthly gain in a row

Published 12 Nov, 2011 12:00am

S&P upgrades India's banking system risk assessment

Standard & Poor's (S&P) Ratings Services revised upwards India's banking industry country risk assessment (BICRA) to group '5' from group '6', making it part of a group of countries including China, Portugal, Thailand and Turkey, it said. A BICRA is score

Published 12 Nov, 2011 12:00am

India's Kingfisher Airlines in turmoil

Shares in India's Kingfisher Airlines closed nearly 10 percent lower on Friday at a record low after a string of flight cancellations heaped further problems on the debt-ridden carrier. India's second-biggest private airline announced on Tuesday that it w

Published 12 Nov, 2011 12:00am

India's Kingfisher Airlines in turmoil

Shares in India's Kingfisher Airlines closed nearly 10 percent lower on Friday at a record low after a string of flight cancellations heaped further problems on the debt-ridden carrier. India's second-biggest private airline announced on Tuesday that it w

Published 12 Nov, 2011 12:00am

India's Jet Airways slumps into second quarter net loss

India's biggest private airline Jet Airways on Friday swung to a quarterly net loss from a profit a year earlier, hurt by rising fuel costs and a lean travel season. The company recorded a net loss of 7.13 billion rupees ($145 million) in the second quart

Published 12 Nov, 2011 12:00am

India's Jet Airways slumps into second quarter net loss

India's biggest private airline Jet Airways on Friday swung to a quarterly net loss from a profit a year earlier, hurt by rising fuel costs and a lean travel season. The company recorded a net loss of 7.13 billion rupees ($145 million) in the second quart

Published 12 Nov, 2011 12:00am

Mexican output posts biggest jump since October 2009

Mexico's industrial output rose in September by the most in nearly two years as manufacturing picked up on strong automobile production. Industrial production increased by 1.7 percent in September from August, the national statistics agency database showe

Published 12 Nov, 2011 12:00am

India's factory output growth slides to two-year low

India's industrial output grew at its slowest pace in two years in September, providing further evidence of deceleration in the economy and raising the odds of a pause in the central bank's 20-month-long policy tightening cycle. Production at factories, m

Published 12 Nov, 2011 12:00am

Japan must meet high standards to join TPP: US

The United States on Friday welcomed Japan's interest in joining negotiations on a regional free trade agreement among nine countries in the Asia Pacific but said Tokyo must be prepared to "meet high standard for liberalising trade" to be allowed to join.

Published 12 Nov, 2011 12:00am

Bangladesh raises fuel prices

Bangladesh raised fuel prices with effect from Friday in its third such hike since May, a move that will trim the country's subsidy burden but put more pressure on persistently high inflation. The hike gives ammunition to opposition political parties look

Published 12 Nov, 2011 12:00am

China's bank loans rebound, more policy easing expected

Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of "selective" policy easing by the government to keep the world's second-largest economy on an even keel.

Published 12 Nov, 2011 12:00am

Much-needed global 'rebalancing' stuck: IMF

A much-needed global rebalancing of demand to propel economic recovery is "stuck in midstream," according to an International Monetary Fund report released Friday. In the report prepared for the November 3-4 G20 summit in Cannes, the IMF said that two imp

Published 12 Nov, 2011 12:00am

Southeast Asian markets: subdued end to week but Thai stocks rally

Some Southeast Asian stock markets edged up on Friday, helped by selective buying in medium-caps that have favourable earnings, but sentiment in the region broadly remained dominated by fears related to the eurozone's debt problems.

Published 12 Nov, 2011 12:00am

Nikkei average rises

The Nikkei share average edged up on Friday after a sharp sell-off the day before as investors positioned for possible gains ahead, although worries about the deepening debt crisis in Europe muted any optimism. Scandal-hit Olympus Corp seesawed in volatil

Published 12 Nov, 2011 12:00am

US stocks rebound as corporate news offsets Italy

US stocks bounced back on Thursday from the previous session's steep losses as investors latched onto positive corporate and economic news, in the absence of a clear worsening in Europe's debt crisis. Still, trading was volatile and volumes were thin as t

Published 12 Nov, 2011 12:00am

Australian shares rise

Australian shares rose 1.2 percent on Friday, helped by a recovery on Wall Street on corporate results and no worsening of Europe's debt crisis, but turnover remained thin as investors worried about the outlook for the eurozone. For the week, the benchmar

Published 12 Nov, 2011 12:00am

US bond prices fall

US Treasuries are likely to continue to take direction from Europe, after a volatile week that saw Italy move to the centre of the crisis on increased fears that the country would need emergency aid. Treasuries prices eased on Thursday after an Italian de

Published 12 Nov, 2011 12:00am

US bond prices fall

US Treasuries are likely to continue to take direction from Europe, after a volatile week that saw Italy move to the centre of the crisis on increased fears that the country would need emergency aid. Treasuries prices eased on Thursday after an Italian de

Published 12 Nov, 2011 12:00am

Seoul shares rebound

Seoul shares ended 2.8 percent higher on Friday, fuelled by gains in large-cap stocks including Samsung Electronics, but the index still posted its biggest weekly percentage loss in seven weeks, hit by Italian debt woes. "The market is bouncing after its

Published 12 Nov, 2011 12:00am

Hong Kong, China shares up

Hong Kong and China shares rebounded slightly on Friday but a heavy selloff in financials the previous day ensured both benchmarks ended lower for the week with eurozone worries still looming and some funds keen to sit on cash. The Hang Seng posted its se

Published 12 Nov, 2011 12:00am

European shares soar on Italian debt hopes

European shares ended both the day and week higher on Friday, as political progress in debt-laden Italy fuelled hopes a new government was close to being appointed and would act to implement reforms needed to help stem the eurozone debt crisis. Euro zone

Published 12 Nov, 2011 12:00am

Taiwan stocks up

Taiwan stocks ended up 0.8 percent in a rebound on Friday, led by tech heavyweights Hon Hai and TSMC following strong sales results for October. The main TAIEX index finished up 58.61 points at 7,367.29, in a recovery from the 3.35 percent loss in the pre

Published 12 Nov, 2011 12:00am

Indian shares post biggest weekly fall in seven weeks

Indian shares posted their biggest weekly fall in seven weeks on Friday, as slower-than-expected domestic industrial output growth and a bleak outlook for financials further dented investor confidence already hurt by the eurozone's troubles.

Published 12 Nov, 2011 12:00am

FTSE 100 rises 1.9 percent

A late bank rally helped Britain's top share index end a torrid week on a stronger note on Friday after Italy's approval of austerity measures lifted risk appetite and fund managers argued the stock market gains have got further to run. The measures, dema

Published 12 Nov, 2011 12:00am

Japan beat Tajikistan in WC qualifiers

Japan thumped Tajikistan by four goals to nil on Friday, moving closer to the next phase of qualifying for the 2014 World Cup. The Blue Samurai started slowly at Dushanbe Central Stadium, struggling to find their rhythm on a pitch, which was almost bald.

Published 12 Nov, 2011 12:00am

Lampard to lead England against Spain

Frank Lampard will captain England in their friendly international with Spain this weekend, manager Fabio Capello confirmed here Friday. Chelsea midfielder Lampard, 33, will don the armband after Capello opted to rest skipper John Terry from the starting

Published 12 Nov, 2011 12:00am

Beckham named to MLS all-star team

David Beckham, whose five-year contract with the Los Angeles Galaxy expires at the end of the season, has been named one of the MLS's top midfielders, league commissioner Don Garber announced Thursday. The 36-year-old English star was recognised Thursday

Published 12 Nov, 2011 12:00am

South Africa cruise to victory over Australia

Graeme Smith and Hashim Amla both hit centuries to take South Africa to a comfortable eight-wicket victory over Australia on Friday to end one of cricket's most topsy-turvy Test matches. Amla raced to a 126-ball century before being caught for 112 with hi

Published 12 Nov, 2011 12:00am

Kaneria vows to fight on for Pakistan career

Former Pakistan leg-spinner Danish Kaneria Friday vowed to clear his name over a spot-fixing case in which he was released without charge in Britain, saying he would take his case to higher courts of Pakistan. A two-member Sindh High Court bench on Thursd

Published 12 Nov, 2011 12:00am

Aamer can appeal spot-fixing jail term

Mohammad Aamer, one of the Pakistan cricketers jailed for fixing parts of a Test match in England last year, was given permission on Friday to challenge his sentence. The teenage fast bowler was sentenced earlier this month to six months in prison for bow

Published 12 Nov, 2011 12:00am

Top seed Djokovic pulls out of Paris Masters

Top seed Novak Djokovic on Friday pulled out of the ATP Paris Masters, in which he was due to play Frenchman Jo-Wilfried Tsonga in the quarter-finals, because of a shoulder injury. The Serb world number one said his shoulder had worsened after his 4-6, 6-

Published 12 Nov, 2011 12:00am

PCB retains Mohsin as coach for Bangladesh

The Pakistan Cricket Board (PCB) Friday said Mohsin Khan will continue as interim coach for this month's tour of Bangladesh as a permanent replacement for Waqar Younis is yet to be finalised. Former fast bowler Waqar quit the post citing health problems a

Published 12 Nov, 2011 12:00am

McLaren on top in Abu Dhabi

McLaren's Lewis Hamilton set the pace in practice for the Abu Dhabi Grand Prix on Friday while double world champion Sebastian Vettel crunched into the barriers. Vettel, returning to the Yas Marina circuit a year on from becoming Formula One's youngest ch

Published 12 Nov, 2011 12:00am

London to stage 2017 world championships

London was chosen to host the 2017 world athletics championships by the International Association of Athletics Federations (IAAF) on Friday. The capital city beat Doha in a head-to-head battle for the right to stage the global track and field showpiece fo

Published 12 Nov, 2011 12:00am

Afridi stars as Pakistan thump Sri Lanka

Leg-spinner Shahid Afridi capped an excellent return to international cricket with three wickets as Pakistan thumped Sri Lanka by eight wickets in the first day-night match here on Friday. Afridi took 3-27 in his first match since returning from a six-mon

Published 12 Nov, 2011 12:00am

Reality TV show lifts veil on Muslim Americans

It's been a decade since the September 11 attacks and many Americans still don't know quite what to make of their 2.75 million Muslim compatriots. Could a reality TV series help? "All-American Muslim," which premieres Sunday on the TLC cable channel, lift

Published 12 Nov, 2011 12:00am

Greece turns to Iranian oil as default fears deter trade

Greece is relying on Iran for most of its oil as traders pull the plug on supplies and banks refuse to provide financing for fear that Athens will default on its debt. Traders said Greece has turned to Iran as the supplier of last resort despite rising pr

Published 12 Nov, 2011 12:00am

Poet sworn in as Irish president

Michael D. Higgins was sworn in as Ireland's new president on Friday, with the 70-year-old poet and intellectual vowing to heal the country's economic and social wounds. In a service at Dublin Castle filled with prayer and song, the veteran politician sai

Published 12 Nov, 2011 12:00am

Norway's justice minister resigns after July attacks

Norway's minister of justice and police, Knut Storberget, resigned on Friday after months of intense pressure to explain shortcomings in the country's response to July attacks by a far-right fanatic that killed 77 people. Prime Minister Jens Stoltenberg r

Published 12 Nov, 2011 12:00am

Liberia's Sirleaf eyes reconciliation after landslide win

Liberian President Ellen Johnson-Sirleaf has pledged to involve opponents in her second term after winning a landslide victory in a poll boycotted by her top rival over fraud allegations. Newly-named Nobel Peace laureate Johnson-Sirleaf won 90.8 percent o

Published 12 Nov, 2011 12:00am

US Army sergeant convicted of Afghan murders

A US Army sergeant was convicted by court-martial on Thursday of murdering unarmed civilians and cutting fingers from their corpses as ringleader of a rogue platoon in Afghanistan's Kandahar province. The guilty verdict on all counts, returned after five

Published 12 Nov, 2011 12:00am

Ukraine charges Tymoshenko with tax fraud, embezzlement

Ukraine has charged jailed former prime minister Yulia Tymoshenko with a number of financial crimes, the tax office said Friday, further denting Kyiv's hopes of joining the European Union. "Yulia Tymoshenko was charged with organising the concealment of h

Published 12 Nov, 2011 12:00am

Palestinians pursue UN bid despite deadlock

The Palestinian leadership remains "dead determined" to pursue UN membership even though its bid has hit a deadlock at the UN Security Council, its UN envoy said Friday. Envoy Riyad Mansour said the Palestinian leadership would "quickly" decide the next s

Published 12 Nov, 2011 12:00am

China opens embassy in Maldives

China has opened an embassy in the Maldives in a move seen as another step to increase its influence across a South Asian region that India has traditionally dominated. The Maldives says the embassy in the Indian Ocean archipelago was opened Tuesday. That

Published 12 Nov, 2011 12:00am

UN nuclear report puts Iran 'mystery man' in spotlight

The shadowy military man believed to be at the heart of Iran's disputed nuclear activities likely lives under tight security and in secrecy to shield him against any assassins and keep him beyond the reach of UN sleuths, nuclear experts say. A UN nuclear

Published 12 Nov, 2011 12:00am

Radioactivity in Europe, no public risk: IAEA

The UN atomic agency said Friday "very low levels" of radioactive iodine-131 had been detected in the air in the Czech Republic and in other countries, but presented no risk to human health. The Czech nuclear safety office said the source of the contamina

Published 12 Nov, 2011 12:00am

Mexican interior secretary killed in helicopter crash

Mexican Interior Secretary Francisco Blake Mora and seven others died in a helicopter crash near Mexico City on Friday, a government spokeswoman said Friday. "Unfortunately the interior secretary, his collaborators and the helicopter crew were found dead,

Published 12 Nov, 2011 12:00am

Kurdish rebels hijack Turkish ferry

Four or five hijackers claiming to be Kurdish rebels seized control Friday of a ferry carrying 20 passengers and crew off north-western Turkey, said Turkish Transport Minister Binali Yildirim. "We think they are four or five... They say the belong to a br

Published 12 Nov, 2011 12:00am

15 dead as government forces shell Yemen demonstration

Government forces shelled a protest site in the city of Taez on Friday, killing 15 civilians, medics and witnesses said, as a UN envoy aimed to revive efforts to resolve Yemen's political crisis. Security forces loyal to embattled President Ali Abdullah S

Published 12 Nov, 2011 12:00am

Syrian forces kill 11; protesters urge Arabs to act

Syrian security forces killed 11 people on Friday as protesters called on the Arab League to suspend Damascus's membership in response to continued violence, activists said. Local activists in Homs, which has suffered the highest death toll of any Syrian

Published 12 Nov, 2011 12:00am

Saddam's deputy surfaces in audio recording

A man identified as Izzat Ibrahim al-Douri, Saddam Hussein's former deputy, criticised a recent arrest campaign against Baathists and denied they had plotted against the Iraqi government. Syria-based Arrai television aired on Thursday an audio tape of a m

Published 12 Nov, 2011 12:00am

EU lays out rules for body scanners at airports

European airport and airline authorities that use body scanners for security checks will have to meet privacy and health standards under rules adopted by the European Commission on Friday. The use of body scanners came under EU scrutiny in the last two ye

Published 12 Nov, 2011 12:00am

Finland reviews Saudi arms deal on rights worries

Finland is reviewing a 150-million-euro weapons deal with Saudi Arabia as some politicians are worried the weapons could eventually be used by authorities against their own citizens, an online newspaper reported on Friday. The Verkkouutiset news website,

Published 12 Nov, 2011 12:00am

Panetta warns on Iran strike consequences

Military action against Iran could have "unintended consequences" in the region, US Defence Secretary Leon Panetta said on Thursday, hours after Tehran warned that an attack against its nuclear sites would be met by "iron fists." Panetta, who took over th

Published 12 Nov, 2011 12:00am

Hariri tribunal asked to lift Lebanon arrest warrants

The defence chief of a special UN-backed court probing the murder of former Lebanese prime minister Rafiq Hariri, Friday asked judges to lift arrest warrants against four Hezbollah members accused of the killing. Lawyer Francois Roux's request came as the

Published 12 Nov, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,906.50
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,861.33
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Dow Jones / Nov 15	43,602
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Petrol/Litre / Nov 15	248.38
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Diesel/Litre / Nov 15	255.14

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 15 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 15 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 15 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 15 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 15 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 15 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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