Tag: Firm

India settled for a draw in the third and final Test against the West Indies after rock-solid century-maker Shivnarine Chanderpaul and the home bowlers...

Gains were led by fertiliser and chemical stocks which remained firm throughout the day. Low volume decline in Nestle kept KSE 100 in negative...

Sri Lanka’s sports minister has failed to persuade India’s cricket board to revise its ban on players participating in the inaugural Sri Lankan Premier...

A Korean firm named Lotia, which has so far invested around $10 billion in India, is willing to transfer its investment there to Pakistan,...

Rise in remittances, reduction in trade deficit and an increase in exports did allow market men to make strong presentations in order to invite...

LONDON - London Stock Exchange (LSE) has welcomed Oracle Coalfields, the first Pakistan-focused company, to join its Alternative Investment Market (AIM). The company has raised an additional three million pounds and is being admitted to AIM with a market capitalisation of approximately 25 million pounds. Incorporated in the UK, Oracle will be the first company with a major coal mining project in Pakistan to join AIM. The Company de-listed from PLUS at the close of business on Tuesday.

LAHORE/ISLAMABAD - The International Monetary Fund (IMF) asked Pakistan once again on Tuesday to move forward on the Reformed General Sales Tax (RGST) and demanded full implementation of all conditions related to the current standby programme before a new one could be worked out, as the US also pressed for the implementation of major structural reforms, without which it said the country would not attain economic stability despite support from Washington and international financial

TOKYO - Japan's embattled Tokyo Electric Power Company (TEPCO) on Sunday presented a timeline for stabilising its tsunami-hit and radiation-leaking Fukushima Daiichi nuclear plant.
Five weeks after a quake and tsunami knocked out the cooling systems of four of its six reactors, TEPCO said it hopes to reduce radiation leaking from the plant in three months and achieve "cold shutdowns" of reactors within six to nine months.
The operator said its ultimate goal is "to enable

SYDNEY - New Australia captain Michael Clarke is an astute cricket tactician but will need to be more formal and firm in his man-management, according to spin-bowling great Shane Warne. Clarke was appointed Australia's 43rd test captain on Wednesday in place of Ricky Ponting, who had resigned a day earlier, and departs with his first squad to Bangladesh for three one-dayers on Monday.
Warne, who took 708 test wickets in a glittering career and remains a highly influential voice

THE REALITY CHECK - The Broader Perspective South Africa have emerged to be the team to beat in the tournament. They topped Group B with five wins and only lost a close game to England. In batting, they have some fine talent in Hashim Amla, AB de Villiers, Jacques Kallis and JP Duminy -- all of whom are amongst runs while in bowling they have two world class fast bowlers in Dale Steyn and Morne Morkel.
Earlier, they lacked a quality spinner but with the inclusion of Pakistani

STATS CORNER - The first quarter final of the 10th World Cup will be played between Pakistan and West Indies at Shere Bangla National Stadium, Mirpur, Dhaka, on Wednesday (March 23). West Indies have a better record against Pakistan in ODIs but Pakistan are favourite to win this match as they have won eight out of lat 10 played against the West Indies.
West Indies have won 64 and Pakistan 48 in the 113 one day internationals played between the two sides. The remaining two matches

MUMBAI - An Indian trader has slashed iron ore prices to secure a sale to a Chinese buyer at $191 per tonne, a level not seen since January, as the market eyes lower steel prices as an indicator iron ore may fall too.
"There are no buyers at any level. Cargoes are not getting sold even if there is one," Dhruv Goel, managing partner at iron ore trader Steelmint, told Reuters, adding "people are unclear about the price outlook."
The cargo was loaded at the port of Paradip,

LAHORE - The United Nations Framework Convention on Climate Change (UNFCCC) will support the private sector waste management company, Waste Busters, which has recently concluded the financial of a 10 million euros project to divert over 300,000 metric tonnes municipal solid waste from landfills and convert it into energy.
It was disclosed in a seminar on "Pakistan's vulnerability to climate change and response measures", which was chaired by the UNFCCC Executive Secretary

SANAA - Yemeni President Ali Abdullah Saleh, in power since 1978, on Monday said only defeat at the ballot box will make him quit, even as MPs joined thousands of protesters in Sanaa calling for his departure. In the country's south, police shot dead a protester in the regional capital, Aden, where protests have raged killing 12 people and wounding dozens since February 16, medics and witnesses said.
"If they want me to quit, I will only leave through the ballot box," Saleh told

PARIS - French Foreign Minister Michele Alliot-Marie fought off renewed calls to resign Thursday over her links to Tunisia's deposed regime, amid fears France was losing diplomatic clout over the scandal. The opposition is demanding the minister stand down following the latest revelation that her parents bought a stake in a property company from a Tunisian businessman allegedly close to the regime of Zine El Abidine Ben Ali.
Alliot-Marie, 64, has slammed what she called an attack

ISLAMABAD: Photo editing software developed by Pakistani technology firm Five Rivers became the best selling paid-for application for the Blackberry. Lahore-based Five Rivers said its Photo Editor Suite had hit the top spot across all sectors on Blackberry's AppWorld store.
"This is extremely good news for us and especially for the Pakistani IT industry," Mahe Zehra Husain, the head of operations and product management at Five Rivers Technology. "We feel we are on top of the

WASHINGTON: The United States on Tuesday fined the Chinese subsidiary of a US firm nearly $4 million for exporting coatings to a Pakistan nuclear site.
PPG Paints Trading in Shanghai, a wholly-owned subsidiary of PPG Industries, agreed to pay $3.75 million over the exports - from which it had earned just $32,319 - the US Justice Department said.
The fines "represent one of the largest monetary penalties for export violations in the history of the US Department of Commerce's