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Print - 2012-05-30
Government considering importing POL products from India

Government considering importing POL products from India

The government of Pakistan has shown interest in importing furnace oil, diesel, jet fuel and petrol from India, it is reliably learnt. Sources in the Ministry of Petroleum and Natural Resources told Business Recorder on Tuesday that during the seco
Published 30 May, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Government considering importing POL products from India

Government considering importing POL products from India

The government of Pakistan has shown interest in importing furnace oil, diesel, jet fuel and petrol from India, it is reliably learnt. Sources in the Ministry of Petroleum and Natural Resources told Business Recorder on Tuesday that during the seco
Published 30 May, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Ellcot Spinning Mills Limited

Ellcot Spinning Mills Limited

INTRODUCTION: Part of the Nagina Group of Companies, Ellcot Spinning Mills was established in 1991 and is listed on the Karachi and Lahore Stock Exchanges. The Company has an installed capacity of 54,528 Spindles with related process machines. It p
Published 30 May, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Ellcot Spinning Mills Limited

Ellcot Spinning Mills Limited

INTRODUCTION: Part of the Nagina Group of Companies, Ellcot Spinning Mills was established in 1991 and is listed on the Karachi and Lahore Stock Exchanges. The Company has an installed capacity of 54,528 Spindles with related process machines. It p
Published 30 May, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (May 29, 2012).
Published 30 May, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (May 29, 2012).

Published 30 May, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 30 May, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Tuesday (May 29, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for d
Published 30 May, 2012 12:00am
New York cotton

New York cotton

the fluctuations observed during the day:

Published 30 May, 2012 12:00am
New York cotton

New York cotton

the fluctuations observed during the day:

Published 30 May, 2012 12:00am
HRW wheat bids firmer

HRW wheat bids firmer

Spot basis bids for hard red winter wheat in the US Plains were steady to firmer on Tuesday as harvest pushed rapidly through hot and dry fields. An Oklahoma merchant said he reports of good yields in parts of the state, most with good test weight and pro
Published 30 May, 2012 12:00am
Oil World sees more falls in Argentine soya crop

Oil World sees more falls in Argentine soya crop

Argentina's 2012 soyabean crop could fall as low as 39-40 million tonnes from 49.2 million tonnes in 2011 as drought and flooding continue to force farmers to abandon soya crops, Hamburg-based oilseeds analysts Oil World said on Tuesday. "The Argentine so
Published 30 May, 2012 12:00am
Bangladesh tea prices rise

Bangladesh tea prices rise

Tea prices in Bangladesh rose for a second straight week on Tuesday on strong demand from buyers at a weekly auction and almost all the quantity on offer was sold, brokers said. The average price of Bangladeshi tea was 202.77 taka ($2.5) a kg against 198.
Published 30 May, 2012 12:00am
EU wheat prices slightly lower

EU wheat prices slightly lower

Wheat prices in western Europe were slightly lower on Monday, weighed partly by a firmer euro, but remained within striking distance of last week's 11-month peak as dealers kept a close watch on the crop outlooks in Russia and the United States. November
Published 30 May, 2012 12:00am
China to raise soyabean imports again: Oil World

China to raise soyabean imports again: Oil World

China is likely to raise soyabean imports in the 2011/2012 season despite recent shipment cancellations as the country has harvested a smaller soya crop and faces continued high demand, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. China
Published 30 May, 2012 12:00am
Russian wheat prices flat as rain eases tension

Russian wheat prices flat as rain eases tension

Rain in the Russian south lessened the pressure on wheat prices last week but new concerns have arisen over the crop in Siberia and the Urals, where precipitation has been scarce, analysts said on Monday. "Rains in the South of Russia eased tension there
Published 30 May, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 162,602 tonnes of cargo comprising 101,861 tonnes of import cargo and 60,741 tonnes of export cargo including 5,454 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 101,861 t
Published 30 May, 2012 12:00am
Oil cake market rates

Oil cake market rates

Upward trend was seen on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The July vaida that had closed at Rs 851.00 commenced with a gain of 20 paisa at Rs 851.20. Similarly, the December contract which closed at Rs
Published 30 May, 2012 12:00am
Slow business persists on cotton market

Slow business persists on cotton market

Subdued business was seen on the cotton market on Tuesday as buyers became inactive due to falling demand by the importing countries, dealers said. Official spot rate was unchanged at Rs 5,600, they added. In ready business only 400 bales of cotton change
Published 30 May, 2012 12:00am
Ukraine's rapeseed crop likely to fall

Ukraine's rapeseed crop likely to fall

Ukraine's 2012 rapeseed crop is likely to fall to 933,000 tonnes from 1.42 million tonnes in 2011 after severe frosts damaged a large area sown for the grain, UkrAgroConsult agriculture consultancy said on Tuesday. "The harvest area reduction by nearly 32
Published 30 May, 2012 12:00am
Rice, seeds prices up on grain market

Rice, seeds prices up on grain market

Rice prices maintained upward trend on the wholesale grain market on Tuesday in process of subdued trading, dealers said. Commenting on the lean business on the grain market, commodity experts said that the retailers were not very active as dealers at the
Published 30 May, 2012 12:00am
Hedge funds take bets against core euro zone bonds

Hedge funds take bets against core euro zone bonds

Hedge funds are piling into bets against the bonds of core euro zone countries like Germany and France, signalling a growing fear that nations once considered safe havens could be dragged down by the crisis in peripheral states like Greece and Spain.
Published 30 May, 2012 12:00am
Hedge funds take bets against core euro zone bonds

Hedge funds take bets against core euro zone bonds

Hedge funds are piling into bets against the bonds of core euro zone countries like Germany and France, signalling a growing fear that nations once considered safe havens could be dragged down by the crisis in peripheral states like Greece and Spain.
Published 30 May, 2012 12:00am
'Daunting' economic problems in Sudan: IMF

'Daunting' economic problems in Sudan: IMF

Sudan's economy is in poor shape and faces high inflation in the wake of the secession of the oil-rich south, the International Monetary Fund said Tuesday. With Khartoum opening new peace talks with South Sudan Tuesday after more than a month of deadly bo
Published 30 May, 2012 12:00am
US high court rules in credit bid bankruptcy case

US high court rules in credit bid bankruptcy case

The US Supreme Court ruled on Tuesday that a secured creditor cannot be denied the right to make what has been known as a "credit bid" involving the sale of property or other assets as part of a bankruptcy reorganisation plan.
Published 30 May, 2012 12:00am
Dubai's economy grows 3.4 percent

Dubai's economy grows 3.4 percent

Dubai's economy grew 3.4 percent in real terms in 2011, helped by strong trade flows and rising tourist numbers, the emirate's statistics office said on Tuesday. An emirate in the United Arab Emirates, which have been recovering from the 2009-2010 debt cr
Published 30 May, 2012 12:00am
US home prices rise but consumer confidence cools

US home prices rise but consumer confidence cools

US home prices edged higher for the second month in a row in March as the housing recovery picked up traction, while gains in some of the hardest hit areas suggested the improvement was becoming more broad based. But consumer confidence cooled in May to i
Published 30 May, 2012 12:00am
Retail sales post historic drop

Retail sales post historic drop

Spanish retail sales posted their biggest monthly drop in April since the statistical series began in 2003, official data showed Tuesday, in the latest sign of a deterioration in economic activity. Retail sales adjusted for calendar effects dropped 9.8 pe
Published 30 May, 2012 12:00am
Spain's sovereign risk premium rises to euro-era record

Spain's sovereign risk premium rises to euro-era record

Spain's sovereign risk premium shot to a fresh euro-era record Tuesday as Madrid announced new bonds to finance debt-struck regions and as banks scrambled to clean up bad loans. The debt premium - the extra return investors demand to hold Spanish bonds ov
Published 30 May, 2012 12:00am
Weak business laws make Kuwait punch below its weight: World Bank

Weak business laws make Kuwait punch below its weight: World Bank

Kuwait is punching below its weight in business due to its weak regulatory framework and needs to improve its insolvency laws so that distressed companies can restructure properly, a World Bank official said on Tuesday. Major oil producer Kuwait is one of
Published 30 May, 2012 12:00am
India allows foreign individuals to buy debt

India allows foreign individuals to buy debt

India will allow foreign retail investors to buy local corporate bonds for the first time in its latest move to bolster capital inflows and support the shaky rupee, though the action was seen as too limited to boost the local currency. Analysts said the $
Published 30 May, 2012 12:00am
Samsung Galaxy S3 gets head start on rival iPhone

Samsung Galaxy S3 gets head start on rival iPhone

Samsung Electronics launched its top-of-the-range Galaxy S3 smartphone in Europe on Tuesday, aiming to outsell its previous model that helped the South Korean company topple Apple as the world's largest smartphone maker. The Galaxy S3, which tracks the us
Published 30 May, 2012 12:00am
Turkish Airlines hit by strike, cancels 104 flights

Turkish Airlines hit by strike, cancels 104 flights

Turkish Airlines cancelled more than 100 flights on Tuesday after a large part of its workforce downed tools in protest at government plans to outlaw strikes in the aviation sector. The airline announced that a total of 104 domestic and international flig
Published 30 May, 2012 12:00am
UK investors snap up 50-year linker, foreign demand at record

UK investors snap up 50-year linker, foreign demand at record

British investors accounted for the lion's share of demand at the syndicated sale of a 50-year index-linked gilt, although foreign participation was at a record high, the UK Debt Management Office said on Tuesday. "The UK domestic market again provided th
Published 30 May, 2012 12:00am
Most Gulf markets slip

Most Gulf markets slip

Most Gulf markets edged down on Tuesday with investors cutting risk as new worries emerged in Europe after Spain's borrowing costs shot up, but low trading volumes limited losses. Saudi Arabia's index lost 0.3 percent, erasing early-session gains, to end
Published 30 May, 2012 12:00am
Nikkei average rises; Renesas hits record low

Nikkei average rises; Renesas hits record low

The Nikkei share average rose on Tuesday on speculation that China, Japan's largest export market, may soon launch a stimulus programme to avoid a sharp slowdown, with China-related stocks benefiting the most. "The talk of a stimulus package in China has
Published 30 May, 2012 12:00am
Seoul shares rally continues

Seoul shares rally continues

Seoul shares rode technical support to post a third straight winning session on Tuesday, led by a rally in STX affiliates on news of group-wide restructuring efforts and helped by a broad bargain-hunting rally in recently battered sectors. The Korea Compo
Published 30 May, 2012 12:00am
Indian shares marginally up

Indian shares marginally up

Indian shares gave up most gains to end marginally higher on Tuesday, ahead of derivatives expiry and a crucial GDP print later in the week. A fall in the rupee, after three sessions of gains, also continued to weigh on shares, traders said. Technology sh
Published 30 May, 2012 12:00am
Hong Kong and China shares stay higher

Hong Kong and China shares stay higher

Hong Kong shares rose for a third straight day on Tuesday, with investors piling into Chinese infrastructure-related sectors and services as Beijing pushes to stimulate demand in the world's second largest economy. Worries over the debt crisis in Europe w
Published 30 May, 2012 12:00am
European shares rise on hopes of fresh ECB measures

European shares rise on hopes of fresh ECB measures

European stocks ended higher on Tuesday, hitting a one-week closing high, boosted by talk of further steps by the European Central Bank to support the region's banks as well as by hopes of fresh measures from China to cushion a slowdown in growth. Cyclica
Published 30 May, 2012 12:00am
Australian shares rebound

Australian shares rebound

Australian shares rebounded 1.1 percent on Tuesday, recovering from early losses as bargain hunters snapped up resource, energy and financial stocks, helped by hopes of a fresh round of Chinese stimulus measures. The Australian bourse declined 9.5 percent
Published 30 May, 2012 12:00am
Taiwan stocks climb

Taiwan stocks climb

Taiwan stocks climbed 2.89 percent to their best percentage gain in more than five months on Tuesday, boosted by a plan for a capital gains tax by the ruling KMT Party that favours investors more than an earlier proposal put forward by cabinet. The main T
Published 30 May, 2012 12:00am
Most Southeast Asian stocks move up

Most Southeast Asian stocks move up

Most Southeast Asian stocks ended firmer on Tuesday on hopes that China might launch spending measures to boost growth, but trading volumes and gains were capped as concerns over a euro zone recovery flared after a surge in Spanish borrowing.
Published 30 May, 2012 12:00am
Strong miners lift FTSE

Strong miners lift FTSE

Britain's main share index rose for the fourth consecutive day on Tuesday on hopes of new measures to tackle Europe's economic crisis, although traders said the rally could be short-lived due to persistent fears over the region's debt troubles. The benchm
Published 30 May, 2012 12:00am
Swiss franc down

Swiss franc down

The Swiss franc weakened a hair against the dollar, alongside the euro, as investors remained ill at ease about the euro zone's debt crisis, with a rise in Spain's borrowing costs in particular focus on Tuesday. Safe-haven buying spurred the franc to near
Published 30 May, 2012 12:00am
Australian and New Zealand dollars hold gains

Australian and New Zealand dollars hold gains

The Australian and New Zealand dollars struggled to make much headway in a choppy session on Tuesday as a surge in Spanish bond yields jangled investors' nerves, putting the brakes on a corrective bounce in risk assets. The Aussie last stood at $0.9852, e
Published 30 May, 2012 12:00am
Yuan ends down

Yuan ends down

The yuan closed slightly lower against the dollar on Tuesday after the People's Bank of China (PBOC) set its midpoint at a two-month low in reaction to a dollar that traded close to a two-year high against the euro. Traders said the central bank is likely
Published 30 May, 2012 12:00am
Euro stays near two-year low

Euro stays near two-year low

The euro wobbled near a two-year low against the dollar on Tuesday as concerns about the cost of shoring up Spain's banking system pushed up its debt yields, offsetting a slight easing in worries about Greece. The 10-year Spanish bond yield rose to around
Published 30 May, 2012 12:00am
Early trade in New York: Euro drops to near two-year low

Early trade in New York: Euro drops to near two-year low

The euro slid to almost a two-year low against the dollar on Tuesday as worries about Spain's soaring borrowing costs and its troubled banks looked set to prompt more selling of the common currency. The euro fell 0.6 percent to $1.2464, after hitting a se
Published 30 May, 2012 12:00am
Euro pinned near two-year low in London trade

Euro pinned near two-year low in London trade

The euro slipped against the dollar on Tuesday, edging closer to two years lows as investors and speculators sold the common currency on persistent worries over Spain's escalating borrowing costs and its weakening banking sector. Analysts and traders said
Published 30 May, 2012 12:00am
Bangladesh's inter bank forex, interest rates

Bangladesh's inter bank forex, interest rates

Inter bank buy/sell rates for the taka against the dollar on Tuesday. 81.92-81.94 (previous 81.91-81.92). Call Money Rates: 9.50-15.00 percent (previous 9.50-15.00 percent.
Published 30 May, 2012 12:00am
Rupiah falls, Moody's lifts peso

Rupiah falls, Moody's lifts peso

The Indonesian rupiah fell on Tuesday on selling by foreign banks and month-end dollar demand from local companies, while the Philippine peso turned higher after Moody's Investors Service' raised its outlook on the sovereign rating. The South Korean won o
Published 30 May, 2012 12:00am
Sterling steadies

Sterling steadies

Sterling was steady on Tuesday, staying vulnerable against the dollar as worries about Spain's fragile banking sector kept investors nervous of taking on risk. It remained supported against the euro, not far from its recent 3-1/2 year high due to inflows
Published 30 May, 2012 12:00am
Indian rupee snaps three-day rally

Indian rupee snaps three-day rally

The Indian rupee dropped on Tuesday, snapping a three-day winning streak, as strong dollar demand from oil firms to meet month-end import commitments and a pullback in domestic shares from the day's highs weighed heavily. The rupee, which had hit a record
Published 30 May, 2012 12:00am
Nada, Sharapova storm into second round

Nada, Sharapova storm into second round

Rafael Nada, bidding for a record seventh men's crown, and Maria Sharapova, seeking the only Grand Slam she has never won, both raced into the second round of the French Open on Tuesday with emphatic wins. Nada, beaten only once in his entire career at th
Published 30 May, 2012 12:00am
Tahir returns to Pakistan to seek tips from Qadir

Tahir returns to Pakistan to seek tips from Qadir

South African leg-spinner Imran Tahir has returned to his native Pakistan to seek tips from old tutor Abdul Qadir in a bid to exploit England's weakness against spin when the teams meet in July. Tahir, who developed as a spinner in Pakistan before qualify
Published 30 May, 2012 12:00am
Pak-Australia cricket series after Eid

Pak-Australia cricket series after Eid

Pakistan Cricket Board (PCB) has decided to host Pak-Australia cricket series after Eidul Fitr and is looking for suitable neutral venue for this series ahead of Twenty20 Cricket World Cup in Sri Lanka. PCB Director International (Operations) Intikhab Ala
Published 30 May, 2012 12:00am
Sponsors of Pakistan, Sri Lanka series: Bank Alfalah gets rights

Sponsors of Pakistan, Sri Lanka series: Bank Alfalah gets rights

Bank Alfalah, the sixth largest bank by assets in Pakistan, which has been supporting sports in the country since its inception, has acquired the rights again as the presenting sponsor of the upcoming Pakistan-Sri Lanka cricket series to be played in Sri
Published 30 May, 2012 12:00am
Resurgent Pakistan eye Sri Lanka scalp

Resurgent Pakistan eye Sri Lanka scalp

Pakistan are hoping to build on their impressive record over the past year when they take the field during the full tour of Sri Lanka starting later this week. "The task here is to win, but the longer goal is to take Pakistan high up in the rankings in al
Published 30 May, 2012 12:00am
Jirga vows to eliminate Swara and Jagh practices in Fata

Jirga vows to eliminate Swara and Jagh practices in Fata

Community Appraisal and Motivation Programme (CAMP) organised a grand Jirga in Jinnah Convention Centre, at Islamabad here on Tuesday. The event was attended by almost 800 Jirgamaars (Jirga decision makers), Maliks, religious leaders and elders from the t
Published 30 May, 2012 12:00am
Flood-hit small enterprises: Rs 2.1 million grant disbursed by Smeda

Flood-hit small enterprises: Rs 2.1 million grant disbursed by Smeda

Small and Medium Enterprises Development Authority (Smeda) as implementing partner of UNDP-sponsored "Early Flood Recovery & Restoration Flood Affected Communities Programme" distributed Rs 2.1 million grant cheques among flood-hit small enterprises in Un
Published 30 May, 2012 12:00am
Free medical aid for infant announced

Free medical aid for infant announced

Punjab Chief Minister Muhammad Shahbaz Sharif has taken notice of the media report regarding a six-month-old Nabeel who has brain tumour. The CM directed the Neuro Surgeon of Lahore General Hospital and Principal PGMI Tariq Sallahuddin to provide free and
Published 30 May, 2012 12:00am
UN urges Kabul to combat opium production

UN urges Kabul to combat opium production

The United Nations Tuesday called on Afghan authorities to pull together to make "meaningful efforts" to combat drug production. Afghanistan, which produces 90 percent of the world's opium, has only seen "modest" success in the eradication of poppy fields
Published 30 May, 2012 12:00am
Somali Islamists attack president as pressure grows

Somali Islamists attack president as pressure grows

Somalia's al Qaeda-linked Shebab insurgents shrugged off recent strategic losses and growing military pressure Tuesday to launch an ambush on the president - who escaped unhurt - and fire on foreign warships. Two Somali soldiers were wounded when Shebab g
Published 30 May, 2012 12:00am
Candidate's Headquarters attacked as vote polarises Egypt

Candidate's Headquarters attacked as vote polarises Egypt

An attack on the offices of one of the two finalists in Egypt's presidential race has sounded a warning that the last round of voting might spark more violence in a nation polarised by the choice between an Islamist and an ex-general from Hosni Mubarak's
Published 30 May, 2012 12:00am
Sudanese troops withdraw from Abyei

Sudanese troops withdraw from Abyei

Sudanese troops withdrew from the contested region of Abyei on the border with South Sudan on Tuesday, as demanded by the United Nations, state-linked media reported. "SAF (Sudanese Armed Forces) deployed out of Abyei area this evening and they gave the m
Published 30 May, 2012 12:00am
Philippines' top judge ousted in victory for Aquino

Philippines' top judge ousted in victory for Aquino

The Philippine Senate voted on Tuesday to remove the country's top judge, a landmark victory for President Benigno Aquino that should embolden his campaign to root out institutional corruption and could quicken the pace of economic reforms. Twenty out of
Published 30 May, 2012 12:00am
Russia rebukes 'undiplomatic' US envoy

Russia rebukes 'undiplomatic' US envoy

Russia sharply criticised the US ambassador for the third time in his five-month tenure after he said that Moscow offered Kyrgyzstan a bribe in a bid to evict US forces from an air base and had sought backroom "quid pro quo" deals on key issues.
Published 30 May, 2012 12:00am
Police to take over Baghdad security

Police to take over Baghdad security

Iraqi police will take over responsibility for security in Baghdad from the army from July, a statement said on Tuesday, a move that has been delayed several times over concerns over their capabilities. "The security committee of Baghdad provincial counci
Published 30 May, 2012 12:00am
Former Beijing mayor 'sorry' over Tiananmen crackdown

Former Beijing mayor 'sorry' over Tiananmen crackdown

Chen Xitong, who was Beijing mayor during the 1989 crackdown on Tiananmen Square pro-democracy protests, said he was "sorry" and that the deaths could have been avoided, according to a book to be released this week. Chen, who fell from grace in one of Chi
Published 30 May, 2012 12:00am
Suu Kyi in Thailand for first trip abroad in 24 years

Suu Kyi in Thailand for first trip abroad in 24 years

Myanmar democracy icon Aung San Suu Kyi arrived in Thailand Tuesday for her first trip abroad in more than two decades, ending an era of isolation and cementing her arrival on the global stage. The former political prisoner, who won a seat in parliament i
Published 30 May, 2012 12:00am
Iran readies anti-virus for 'Flame' spy malware

Iran readies anti-virus for 'Flame' spy malware

Iran claimed on Tuesday to have come up with an anti-virus programme against "Flame," extraordinarily sophisticated malware that hit its servers and deployed various spying modules, apparently at the behest of a foreign power.
Published 30 May, 2012 12:00am
Guardian journalist cleared in Britain hacking scandal

Guardian journalist cleared in Britain hacking scandal

British prosecutors decided on Tuesday not to charge a journalist from the Guardian newspaper and a Scotland Yard detective over leaks of sensitive information relating to the phone hacking scandal. The Crown Prosecution Service said it would not be in th
Published 30 May, 2012 12:00am