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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-11-14
A new era of Pak-India relations?

A new era of Pak-India relations?

In harmony with the air of anticipation surrounding their meeting on the sidelines of the Saarc summit, the prime ministers of Pakistan and India, Yousuf Raza Gilani and Dr Manmohan Singh, spoke of a fresh beginning, telling journalists it is time to writ
Published 14 Nov, 2011 12:00am
Russia's offer of support for CASA 1000

Russia's offer of support for CASA 1000

On the sidelines of the 10th Shanghai Cooperation Organisation (SCO) meeting held in St Petersburg, Russian Prime Minister Putin and his Pakistani counterpart Gilani expressed a willingness to speed up work on CASA 1000 with the former announcing financin
Published 14 Nov, 2011 12:00am
SU notification

SU notification

The University of Sindh has notified the provisional merit list of candidates selected for admissions to various disciplines under the masters degree programme for the academic session - 2012.
Published 14 Nov, 2011 12:00am
PIA brings back 15,000 Hajis from Jeddah

PIA brings back 15,000 Hajis from Jeddah

PIA has so far operated 38 Hajj flights bringing back over 15,000 Hajis from Jeddah to Pakistan. PIA Spokesman said here on Sunday. A meeting between PIA Officials headed by PIA Chief Hajj Co-ordinator and Director Hajj Services, Aijaz Mazhar and Jeddah H
Published 14 Nov, 2011 12:00am
Summer vacations: salaries for SU teaching assistants approved

Summer vacations: salaries for SU teaching assistants approved

Vice Chancellor University of Sindh, Dr. Nazir A. Mughal has approved to pay monthly salaries to teaching assistants during the summer vacations. The approval was granted, here on Sunday, in a meeting of the committee constituted to recommend a solution t
Published 14 Nov, 2011 12:00am
Government girls' school blown up

Government girls' school blown up

Unknown miscreants blew up the Government Girls Primary School No 3 here at Sher Khan Village with two bombs, police said on Sunday. An official of Kalu Khan police station said that miscreants had planted two bombs with Govt Girls Primary School No 3 tha
Published 14 Nov, 2011 12:00am
Commodities' rate marginally change in three day's trading

Commodities' rate marginally change in three day's trading

The grain and seed wholesale market re-opened on Thursday after prolonged holidays. The opening day saw fluctuation in commodities rates few and far between. The traders were more concerned with Eid greetings than bargaining rates.
Published 14 Nov, 2011 12:00am
Growers lose money at present level of seed-cotton prices

Growers lose money at present level of seed-cotton prices

Cotton activities remained suspended almost throughout the week due to Eid-ul Azha festival in this month. As such, arrival of seed-cotton in ginneries remained restricted. Cotton arrival report for the first fortnight of November-11, is due in this week
Published 14 Nov, 2011 12:00am
Growers lose money at present level of seed-cotton prices

Growers lose money at present level of seed-cotton prices

Cotton activities remained suspended almost throughout the week due to Eid-ul Azha festival in this month. As such, arrival of seed-cotton in ginneries remained restricted. Cotton arrival report for the first fortnight of November-11, is due in this week
Published 14 Nov, 2011 12:00am
Fibre-loving teens have lower heart, diabetes risks

Fibre-loving teens have lower heart, diabetes risks

Teenagers who eat a lot of fibre-rich foods, such as vegetables and whole grains, are less likely to have risk factors for diabetes and heart disease, a new study shows. But there was no link between those risk factors - known collectively as metabolic sy
Published 14 Nov, 2011 12:00am
Climate to widen sleeping sickness risk to southern Africa

Climate to widen sleeping sickness risk to southern Africa

Sleeping sickness could threaten tens of millions more people as the tsetse fly which transmits the disease spreads to southern Africa as a result of global warming, a study published on November 08 says. By 2090, an additional 40 to 77 million people cou
Published 14 Nov, 2011 12:00am
'World has five years to avoid severe warming'

'World has five years to avoid severe warming'

The world has just five years to avoid being trapped in a scenario of perilous climate change and extreme weather events, the International Energy Agency (IEA) warned on November 09. On current trends, "rising fossil energy use will lead to irreversible a
Published 14 Nov, 2011 12:00am
Live liver donors have troubles years later: study

Live liver donors have troubles years later: study

People who have donated part of their liver for transplant can experience physical and psychological complications years after the operation, according to a German study.
Published 14 Nov, 2011 12:00am
Climate change to bring more floods: World Bank

Climate change to bring more floods: World Bank

Climate change will bring more floods and extreme weather to Southeast Asia, a World Bank official said on November 10 on a visit to the region, where hundreds have died in severe inundation.
Published 14 Nov, 2011 12:00am
More than 1,000 die in Southeast Asian floods

More than 1,000 die in Southeast Asian floods

At least one thousand people have died in massive floods across Southeast Asia in recent months, according to an AFP tally on November 10, and millions of homes and livelihoods have been destroyed. The death toll in Thailand - grappling with its worst flo
Published 14 Nov, 2011 12:00am
Gene test helps tailored treatment for cancer patients

Gene test helps tailored treatment for cancer patients

Doctors on November 08 said they had used a wide-ranging genetic test for mutations in cancer cells to help fine-tune treatment for patients with lung tumours. Used on patients with so-called non-small-cell lung cancer (NSCLC), the technique has been such
Published 14 Nov, 2011 12:00am
US teens say peers are 'mostly kind' online: study

US teens say peers are 'mostly kind' online: study

Most US teenagers who use social networking sites say their peers are "mostly kind" to one another online although the vast majority have witnessed mean or cruel behaviour, a study said on November 9.
Published 14 Nov, 2011 12:00am
Logitech pulls plug on Google TV set-top boxes

Logitech pulls plug on Google TV set-top boxes

Logitech has pulled the plug on Google TV set-top boxes, saying consumers just aren't ready for the device which merges television and the Internet. "Google TV or the child of Google TV or the grandchild of Google TV will happen," said Guerrino De Luca, t
Published 14 Nov, 2011 12:00am
Adobe pulls plug on Flash for mobile

Adobe pulls plug on Flash for mobile

US software maker Adobe pulled the plug on November 9 on its Flash player for mobile browsers, which Apple's late chief executive Steve Jobs refused to allow on the iPhone and iPad. Adobe announced in a blog post it would concentrate future development ef
Published 14 Nov, 2011 12:00am
Mobile data traffic to grow 10-fold by 2016: study

Mobile data traffic to grow 10-fold by 2016: study

As smartphones increasingly take over, mobile data traffic is surging, a study by Swedish telecom equipment maker Ericsson showed on November 7, saying such traffic is set to increase 10-fold over the next five years.
Published 14 Nov, 2011 12:00am
Latest iPhone launched in New Zealand

Latest iPhone launched in New Zealand

Apple fans in New Zealand queued for up to 15 hours to snap up the latest iPhone on November 11, kicking off the second phase of the smartphone's global roll-out. Retailers in New Zealand began selling the iPhone 4S at 12:01 am (1101 GMT Thursday), attrac
Published 14 Nov, 2011 12:00am
iPhone 4S gets thumbs up from Consumer Reports

iPhone 4S gets thumbs up from Consumer Reports

Consumer Reports, the influential magazine for product reviews, gave thumbs up to Apple's new iPhone on November 8 after declining to recommend the previous model because of reception problems.
Published 14 Nov, 2011 12:00am
India's Internet users top 100 million

India's Internet users top 100 million

India's Internet users have topped 100 million, a study said on November 8, and its online population could overtake the United States' within two years. India's Internet population stood at 112 million by September, making it the third-biggest globally a
Published 14 Nov, 2011 12:00am
Wikipedia eyes India for language growth

Wikipedia eyes India for language growth

Wikipedia on November 9 said it was banking on growth in the mobile phone sector and increased Internet access to boost content in Indian languages ranging from Hindi to Telugu. The online encyclopaedia currently has versions in more than 20 languages spo
Published 14 Nov, 2011 12:00am
China's Suning signs deal with IBM for e-commerce

China's Suning signs deal with IBM for e-commerce

China's Suning Appliance Co Ltd, the country's biggest electronics retailer has signed an agreement with IBM to build a multi-billion e-commerce platform, both companies said in a statement on November 11. The platform will be supported by cloud technolog
Published 14 Nov, 2011 12:00am
Chaotic scenes as new iPhone goes on sale in Hong Kong

Chaotic scenes as new iPhone goes on sale in Hong Kong

The first of Apple Inc's new iPhones in Hong Kong went on sale amid chaotic scenes early Friday, after hundreds queued for days to buy the handsets. An estimated 2,000 people, some waiting since Tuesday, were gathered outside the city's only Apple Store a
Published 14 Nov, 2011 12:00am
Google+ to set up YouTube channel for Korean pop

Google+ to set up YouTube channel for Korean pop

Google executive chairman Eric Schmidt agreed on November 7 to set up a YouTube channel exclusively for South Korean pop music, as he began a visit aimed at expanding his company's presence in the country. The pledge came when Schmidt met President Lee My
Published 14 Nov, 2011 12:00am
Google+ opens up to businesses, brands

Google+ opens up to businesses, brands

Google opened its social network Google+ to businesses and brands on November 7 as it seeks to expand the audience for its rival to Facebook. Google+, which has attracted more than 40 million users since it was launched in June, was previously only open t
Published 14 Nov, 2011 12:00am
JP Morgan to expand in physical steel trading

JP Morgan to expand in physical steel trading

JP Morgan is looking to expand its physical steel trading activity to help manage its positions in the ferrous derivatives market, which is bound to grow noticeably, the bank told Reuters in an interview on November 07. "We already move some billet. We ar
Published 14 Nov, 2011 12:00am
JP Morgan to expand in physical steel trading

JP Morgan to expand in physical steel trading

JP Morgan is looking to expand its physical steel trading activity to help manage its positions in the ferrous derivatives market, which is bound to grow noticeably, the bank told Reuters in an interview on November 07. "We already move some billet. We ar
Published 14 Nov, 2011 12:00am
HSBC net profit surges 66 percent to $5.22 billion in third quarter

HSBC net profit surges 66 percent to $5.22 billion in third quarter

HSBC announced on November 09 that net profits surged 66 percent to $5.22 billion during the third quarter on changes to the size of debt held by Europe's biggest bank, but underlying earnings slumped. Profit after tax rocketed to $5.22 billion (3.79 bill
Published 14 Nov, 2011 12:00am
AngloGold aims deep on global level

AngloGold aims deep on global level

The chief executive of AngloGold Ashanti said the world's No. 3 gold producer could employ deep-mining technology under development in South Africa in other countries, with future ore discoveries expected to be far below the surface.
Published 14 Nov, 2011 12:00am
India's Satyam posts strong profit growth

India's Satyam posts strong profit growth

Indian software outsourcer Mahindra Satyam on Nvember 10 said its quarterly net profit soared more than ten-fold, beating market estimates, as demand for outsourcing grew. The company, recovering from the country's biggest corporate fraud scandal, said ne
Published 14 Nov, 2011 12:00am
India's Satyam posts strong profit growth

India's Satyam posts strong profit growth

Indian software outsourcer Mahindra Satyam on Nvember 10 said its quarterly net profit soared more than ten-fold, beating market estimates, as demand for outsourcing grew. The company, recovering from the country's biggest corporate fraud scandal, said ne
Published 14 Nov, 2011 12:00am
Europe's debt crisis to shake corporate America

Europe's debt crisis to shake corporate America

The shock waves of Europe's debt crisis will take a toll on corporate America, particularly sellers of cars, consumer products and basic materials that generate significant revenue on the continent.
Published 14 Nov, 2011 12:00am
Hyundai considers building new US plant

Hyundai considers building new US plant

Hyundai is considering building another plant in the United States to meet rising demand for the South Korean company's vehicles, its top US executive said on November 11.
Published 14 Nov, 2011 12:00am
Deutsche Telekom profits up in third quarter

Deutsche Telekom profits up in third quarter

German telecommunications giant Deutsche Telekom said on November 10 it braved the weak economic environment and negative regulatory decisions and lifted its bottom line in the third quarter. Deutsche Telekom said in a statement it booked net profit of 1.
Published 14 Nov, 2011 12:00am
Deutsche Telekom profits up in third quarter

Deutsche Telekom profits up in third quarter

German telecommunications giant Deutsche Telekom said on November 10 it braved the weak economic environment and negative regulatory decisions and lifted its bottom line in the third quarter. Deutsche Telekom said in a statement it booked net profit of 1.
Published 14 Nov, 2011 12:00am
Credit Agricole profit slumps

Credit Agricole profit slumps

French bank Credit Agricole, among the most exposed to Italian debt, said it was preparing for "difficult" times ahead after third-quarter profits slumped on the back of Greek sovereign debt losses. The bank, which is majority owned by a group of regional
Published 14 Nov, 2011 12:00am
Credit Agricole profit slumps

Credit Agricole profit slumps

French bank Credit Agricole, among the most exposed to Italian debt, said it was preparing for "difficult" times ahead after third-quarter profits slumped on the back of Greek sovereign debt losses. The bank, which is majority owned by a group of regional
Published 14 Nov, 2011 12:00am
Brazil's Petrobras says profit down 26 percent in third quarter

Brazil's Petrobras says profit down 26 percent in third quarter

Brazil's state-run oil giant Petrobras said on November 12 that its third-quarter profit fell 26 percent year-on-year largely due to a significant drop in the value of the country's currency, the real. Latin America's biggest company reported third-quarte
Published 14 Nov, 2011 12:00am
Brazil's Petrobras says profit down 26 percent in third quarter

Brazil's Petrobras says profit down 26 percent in third quarter

Brazil's state-run oil giant Petrobras said on November 12 that its third-quarter profit fell 26 percent year-on-year largely due to a significant drop in the value of the country's currency, the real. Latin America's biggest company reported third-quarte
Published 14 Nov, 2011 12:00am
Emirates Airlines resumes Iraq flights

Emirates Airlines resumes Iraq flights

Dubai's Emirates Airlines on Sunday resumed flights to Baghdad after a 20-year hiatus, when an Airbus A-330 landed at the Iraqi capital's airport, a transport ministry statement said.
Published 14 Nov, 2011 12:00am
Blair warns of 'catastrophe' if euro collapses

Blair warns of 'catastrophe' if euro collapses

Former British prime minister Tony Blair warned on Sunday that the collapse of the euro would be "catastrophic" and urged Europe to move fast to support the currency. Blair said European leaders faced "very difficult and painful" choices and a "long-term
Published 14 Nov, 2011 12:00am
Unite or risk fragmentation, Barroso tells EU

Unite or risk fragmentation, Barroso tells EU

Europe must unite to tackle the eurozone debt crisis or risk fragmentation, decline and irrelevance, European Commission President Jose Manuel Barroso said on Sunday. Barroso's solidarity call, in a commentary for The Observer newspaper, seemed particular
Published 14 Nov, 2011 12:00am
Fresh concern over debt crisis as Italy picks new leadership

Fresh concern over debt crisis as Italy picks new leadership

Italy's political party leaders were locked in talks Sunday to choose a successor to Silvio Berlusconi as Greece prepared to implement painful austerity measures to unlock fresh bailout funds. With both eurozone countries undergoing economic shock therapy
Published 14 Nov, 2011 12:00am
Boeing off to flying start at Dubai Airshow

Boeing off to flying start at Dubai Airshow

Emirates Airlines launched the Dubai Airshow on Sunday with a record $18-billion order for 50 Boeing 777s, giving the US company a flying start on its European rival Airbus at the prestigious event. The United Arab Emirates meanwhile appeared to raise the
Published 14 Nov, 2011 12:00am
Credit Suisse handing over data on 130 US clients

Credit Suisse handing over data on 130 US clients

Credit Suisse is handing over details of around 130 US clients with hidden Swiss accounts as part of a US investigation into tax evasion, a newspaper reported on Sunday. The bank said this week it was complying with a request from the Swiss government for
Published 14 Nov, 2011 12:00am
Indian infrastructure builders blame government for woes

Indian infrastructure builders blame government for woes

Government paralysis, bureaucratic stonewalling of projects and corruption. Indian infrastructure firms on Sunday vented their frustration during a World Economic Forum event in Mumbai at what they saw as needless brakes on growth in a sector key to the c
Published 14 Nov, 2011 12:00am
US 'super committee' still hoping for debt deal

US 'super committee' still hoping for debt deal

The US congressional "super committee" is at a difficult point in negotiations on a deficit-reduction deal, but lawmakers said on Sunday they had not given up reaching an agreement by this month's deadline.
Published 14 Nov, 2011 12:00am
India warns against protectionism in debt fallout

India warns against protectionism in debt fallout

India warned on Sunday against protectionism as the world grapples with the sovereign debt crisis, portraying itself as a relative haven of stability in troubled economic times. Commerce minister Anand Sharma said India was an influential emerging economy
Published 14 Nov, 2011 12:00am
Iraqi Kurdistan confirms Exxon oil deal

Iraqi Kurdistan confirms Exxon oil deal

Iraq's Kurdish region has signed an exploration deal with Exxon Mobil, a Kurdish official said on Sunday, confirming a deal that Iraq has said could jeopardise the US oil giant's southern oilfield contract. Natural Resources Minister Ashti Hawrami said th
Published 14 Nov, 2011 12:00am
South Africa rand swings a worry, 2012 growth seen modest

South Africa rand swings a worry, 2012 growth seen modest

Volatility in South Africa's exchange rate due to the eurozone debt crisis is hurting the country's competitiveness and may limit economic growth in the coming year, its trade and industry minister told Reuters on Sunday.
Published 14 Nov, 2011 12:00am
South Koreans demand rejection of US free trade pact

South Koreans demand rejection of US free trade pact

Tens of thousands of South Koreans, most of them members of trade unions and farmers, staged a rally on Sunday against a free trade deal with the United States, vowing to block what they called a "pernicious" pact. South Korean President Lee Myung-bak's g
Published 14 Nov, 2011 12:00am
Badminton pulls the crowds at South East Asian Games

Badminton pulls the crowds at South East Asian Games

Badminton took centre stage at the Southeast Asian Games on Sunday as Indonesia drew on a raucous home support to book berths in the finals of both the men's and women's team events.
Published 14 Nov, 2011 12:00am
Million-dollar play-off struck by lightning

Million-dollar play-off struck by lightning

A million-dollar play-off at the Barclays Singapore Open was interrupted not once, but twice by thunderstorms and eventually postponed in bizarre scenes on Sunday. Torrential rain and lightning strikes handed Filipino Juvic Pagunsan and Spain's Gonzalo Fe
Published 14 Nov, 2011 12:00am
Cricket writer Peter Roebuck commits suicide

Cricket writer Peter Roebuck commits suicide

Renowned cricket writer Peter Roebuck committed suicide in his hotel room South African police confirmed to AFP on Sunday. England-born Roebuck, 55 and a former first class cricketer, was covering the ongoing Test series between South Africa and Australia
Published 14 Nov, 2011 12:00am
Federer wins Paris Masters for first time

Federer wins Paris Masters for first time

Roger Federer won the Paris Masters for the first time on Sunday by defeating Frenchman Jo-Wilfried Tsonga 6-1, 7-6 (7/3) in a one-sided final. It was the Swiss star's third tournament win of the year after Doha in January and his Basel hometown event las
Published 14 Nov, 2011 12:00am
Aisam-Bopanna win Paris Masters title

Aisam-Bopanna win Paris Masters title

The tennis duo of Pakistan's Aisam Ul Haq Qureshi and India's Rohan Bopanna won their first ever ATP Masters tournament after whipping away the challenge of Julien Benneteau and Nicolas Mahut of France in straight sets in the final on Sunday.
Published 14 Nov, 2011 12:00am
Pacquiao edges Marquez by majority decision

Pacquiao edges Marquez by majority decision

Filipino star Manny Pacquiao edged Mexico's Juan Manuel Marquez in a majority decision Saturday, stretching his win streak to 15 fights but adding more controversy to their heated rivalry.
Published 14 Nov, 2011 12:00am
Fight like Djokovic, Serbia FA chief tells team

Fight like Djokovic, Serbia FA chief tells team

Serbia's national soccer team should learn from compatriot and the world's top-ranked tennis player Novak Djokovic, the country's Football Association (FSS) president Tomislav Karadzic said. Djokovic and Serbia could not have had more contrasting fortunes
Published 14 Nov, 2011 12:00am
PCB ask India to look to resuming bilateral ties

PCB ask India to look to resuming bilateral ties

Pakistan are willing to tour India next year to break an impasse over the restoration of bilateral cricket ties between the countries, the country's new cricket chief said on Sunday.
Published 14 Nov, 2011 12:00am
Australia kicked out of kabaddi 'World Cup' for drugs

Australia kicked out of kabaddi 'World Cup' for drugs

The Australian national team was on Sunday thrown out the kabaddi "World Cup" in India after failing multiple drugs tests as the tournament struggles to overcome a series of doping scandals. The event, being held in the northern state of Punjab, has broug
Published 14 Nov, 2011 12:00am
Atapattu praises Pakistan, Misbah

Atapattu praises Pakistan, Misbah

Sri Lankan batting coach Marvan Atapattu on Sunday praised the Pakistan team as one of the best in the recent past and likened their captain Misbah-ul Haq to his country's former skipper Arjuna Ranatunga. Atapattu's praise came after Sri Lanka were thrash
Published 14 Nov, 2011 12:00am
Pakistan keeping it simple, says Younis

Pakistan keeping it simple, says Younis

Former captain Younis Khan said his team will continue to keep things simple as they look to double their series lead in the second one-day match against Sri Lanka here on Monday. Pakistan thrashed their rivals in the first match on Friday by eight wicket
Published 14 Nov, 2011 12:00am
Nikko Asset could be listed on TSE by mid-December

Nikko Asset could be listed on TSE by mid-December

Nikko Asset Management will likely be listed on the Tokyo Stock Exchange's first section as early as mid-December, the Nikkei business daily said on Sunday without citing sources.
Published 14 Nov, 2011 12:00am
Nikko Asset could be listed on TSE by mid-December

Nikko Asset could be listed on TSE by mid-December

Nikko Asset Management will likely be listed on the Tokyo Stock Exchange's first section as early as mid-December, the Nikkei business daily said on Sunday without citing sources.
Published 14 Nov, 2011 12:00am
French debt gradually breaks away from core Europe

French debt gradually breaks away from core Europe

France is gradually breaking away from core European debt markets in investors' minds and its bond yields risk converging with those of the region's most indebted states unless it can convince them its triple-A rating will remain intact.
Published 14 Nov, 2011 12:00am
French debt gradually breaks away from core Europe

French debt gradually breaks away from core Europe

France is gradually breaking away from core European debt markets in investors' minds and its bond yields risk converging with those of the region's most indebted states unless it can convince them its triple-A rating will remain intact.
Published 14 Nov, 2011 12:00am
Argentina's forex controls risk unwanted side-effects

Argentina's forex controls risk unwanted side-effects

Argentina's tough controls on foreign currency purchases could prove counter-productive, sustaining capital flight by rattling savers' nerves and stoking inflation risks by boosting the informal market.
Published 14 Nov, 2011 12:00am
Wall Street Weekahead: For US investors, it's all Greek

Wall Street Weekahead: For US investors, it's all Greek

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis. For months, investors have been enthusing about valuations, earnings and, more recently, signs of an impr
Published 14 Nov, 2011 12:00am
Wall Street firms eye troubled Alabama sewer system

Wall Street firms eye troubled Alabama sewer system

The indebted sewer system at the centre of Alabama's Jefferson County'S bankruptcy is drawing early interest from Wall Street firms and could be bought once it sheds its debt burden, an investor whose company runs the pension fund of state employees said.
Published 14 Nov, 2011 12:00am
Consumer prices shrug off weaker Mexican peso

Consumer prices shrug off weaker Mexican peso

Mexico's central bank has named a weaker peso as the biggest stumbling block to cutting interest rates but its own analysis shows that currency depreciation is having little impact on consumer price inflation.
Published 14 Nov, 2011 12:00am
Euro debt crisis fells governments, legitimacy in question

Euro debt crisis fells governments, legitimacy in question

As governments around the eurozone are felled by a widening sovereign debt crisis, a perceived loss of sovereignty to the IMF and the European Union is raising prickly questions of democratic legitimacy. Since the crisis began in late 2009, Ireland and Po
Published 14 Nov, 2011 12:00am
Global Markets Weekahead: stuck in tail-risk conundrum

Global Markets Weekahead: stuck in tail-risk conundrum

Fears about a euro break-up is at fever pitch in the bond market, but markets elsewhere seem almost nonchalant to the potentially explosive impact of such a "tail" risk event. The yield on 10-year Italian government bonds spiked above 7 percent in the pas
Published 14 Nov, 2011 12:00am
Any Olympus delisting an enormous mistake: investor

Any Olympus delisting an enormous mistake: investor

The largest foreign investor in Japan's Olympus has warned the Tokyo Stock Exchange (TSE) against delisting the embattled camera and endoscope maker, saying that would risk "vast negative ramifications" for foreign investors in Japan.
Published 14 Nov, 2011 12:00am
London market looks to growth next week

London market looks to growth next week

The new growth forecast from the Bank of England will be the focus for London traders next week, with the outlook for the British economy to be lowered as the crisis in the eurozone aggravates. In the outgoing week the FTSE-100 index of leading shares man
Published 14 Nov, 2011 12:00am
One killed in Egypt clashes over fertiliser plant

One killed in Egypt clashes over fertiliser plant

One person was killed and at least 11 were wounded on Sunday in clashes between the army and protesters sparked by concerns about pollution from a fertiliser plant in northern Egypt, the state news agency said.
Published 14 Nov, 2011 12:00am
Death toll in second Turkey quake rises to 40

Death toll in second Turkey quake rises to 40

Last week's earthquake in south-east Turkey killed 40 people, bringing the death toll in two tremors over the last three weeks to 644, the state Disaster and Emergency Administration (AFAD) said on Sunday.
Published 14 Nov, 2011 12:00am
Iran says Duqu malware under 'control'

Iran says Duqu malware under 'control'

Iran said on Sunday it had found a way to "control" the computer malware Duqu, which is similar to Stuxnet virus which in 2010 attacked its nuclear programme and infected more than 30,000 computers. "The software to control the (Duqu) virus has been devel
Published 14 Nov, 2011 12:00am
Son of conservative Iranian politician dies in Dubai

Son of conservative Iranian politician dies in Dubai

The son of a prominent Iranian conservative, who had been estranged from his father in the past and criticised the government, has been found dead in a Dubai hotel, a police official and an Iranian website said on Sunday.
Published 14 Nov, 2011 12:00am
Myanmar to free more political prisoners 'soon'

Myanmar to free more political prisoners 'soon'

Myanmar's government is preparing to release prisoners under an amnesty, for the second time in just over a month, "very soon" and more political detainees should be among them, a senior official said on Sunday.
Published 14 Nov, 2011 12:00am
Afghan president's rival to boycott assembly

Afghan president's rival to boycott assembly

The main challenger to the Afghan president said Sunday he would boycott a traditional leaders' assembly to discuss peace moves and ties with the United States, calling it illegal and unconstitutional President Hamid Karzai has convened the assembly, or l
Published 14 Nov, 2011 12:00am
Troops occupy Rio slum in 'historic' operation

Troops occupy Rio slum in 'historic' operation

Three thousand troops backed by helicopters and armoured cars occupied Rio de Janeiro's largest slum without firing a shot on Sunday, the biggest step in the Brazilian city's bid to improve security and end the reign of drug gangs.
Published 14 Nov, 2011 12:00am
Yemeni army, tribal fighters kill nine militants

Yemeni army, tribal fighters kill nine militants

Yemen's army and tribal fighters killed nine suspected al Qaeda militants overnight in a southern city where central government control has been weakened by months of political paralysis, residents and local officials said.
Published 14 Nov, 2011 12:00am
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