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December 14 , 2007 Friday 03 Zil Hajj 1428 A.H
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US and Germany win Libyan gas contracts
TRIPOLI (Agencies): Libya on Wednesday awarded two gas exploration contracts to US fuel giant Occidental Petroleum and German firm RWE, Tripoli's National Oil Corporation said. Occidental was granted... Full Story
Asia Pacific economic growth seen steady at 4.9%
SINGAPORE (APP): Economic growth in the Asia Pacific region will hold steady at 4.9 percent next year before picking up in 2009, a regional think-tank said Thursday. The Pacific Economic Cooperation Council... Full Story
Dollar weaker in Asia despite central bank credit plan
TOKYO (Agencies): The dollar slipped against other major currencies in Asian trade on Thursday amid uncertainty about how effective a central bank plan to ease a global credit crunch will be, dealers said. The... Full Story
Punjab govt to establish maximum industrial estates F.P. Report
ISLAMABAD: Punjab Minister for Housing Urban Development and Public Health Engineering Mian Shafqat Ali has ordered to Rawalpindi Development Authority to allot the land for New Industrial Estate to meet... Full Story
China, US declare economic dialogue a success
XIANGHE, China (Agencies): The United States and China declared two days of top-level trade talks a success on Thursday despite lingering disagreements over China's currency and protectionist sentiment... Full Story
Philippine tourist arrivals rise 8.6%
MANILA (APP): Tourist arrivals in the Philippines for the first 10 months of the year rose 8.6 percent from a year earlier to 2.5 million, the tourism department said Thursday. South Koreans were the... Full Story
Sony unveils hand-powered digital camera
TOKYO (Agencies): Sony on Thursday unveiled a prototype digital camera shaped like a pizza cutter with a wheel that can be turned to generate enough power to take pictures. The "Twirl N' Take" camera... Full Story
Blast rocks Philippine official’s home
ZAMBOANGA, Philippines (Agencies): An improvised bomb exploded outside an election official's home in the southern Philippine island of Jolo in the second attack in a week, the army and police said Thursday.No... Full Story
Case against Empower Engineering adjourned Mian Muhammed Ali
LAHORE: A case was filed by Muhammad Bashir Ahmad Malik against Empower Engineering and Services in District Consumer Court Lahore. In his case the petitioner stated that he purchased an automatic generator... Full Story
Australia’s Qantas raises profit
SYDNEY (Agencies): Australian flag-carrier Qantas Thursday raised its profit guidance for the current financial year, saying it was likely to be about 40 percent higher than last year. In August, Qantas... Full Story
Textile sector loan volume soars
ISLAMABAD (APP): The textile sector loans have increased to Rs 16.79 billion during the first four months of the current fiscal year. According to the facts and figures of the State Bank of Pakistan (SBP),... Full Story
Chinese shares close down 2.7%
SHANGHAI (Agencies): Chinese share prices closed 2.70 percent lower Thursday, led by banks and property which continue to fall amid fears of more government steps to tighten the real estate market, dealers... Full Story
Seoul shares close 0.6 percent lower
SEOUL (Agencies): South Korean share prices closed lower Thursday as investors struggled with massive programme selling pressures arising from triple witching, or the expiry of options and futures contracts... Full Story
Japanese stocks decline
TOKYO (APP): Japanese stocks fell for a second straight session Thursday amid pessimism over an upcoming corporate sentiment survey that traders expected would be clouded by credit fears. The Nikkei 225... Full Story
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