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News for Saturday, 29 Jan 2011

Spanish PM in trouble as joblessness surges to 20.33pc

MADRID - Spain announced on Friday that its jobless rate has surged to a 13-year record, above 20 percent at the end of 2010, the highest level in the industrialised...

KCCI, KSE propose joint platform for trade listing

KARACHI - The Karachi Chamber of Commerce and Industry (KCCI) and Karachi Stock Exchange (KSE) have agreed to set up a joint platform and outline a concrete line of action...

Turkey promises fair treatment on textile duty

KARACHI - The Turkish authorities have assured Pakistan of an impartial enquiry before determining its verdict on the imposition anti-dumping duty on Pakistan's textile exports. It has also been clarified...

PSM suspends Imtiaz Lodhi as acting CEO

ISLAMABAD - An emergency meeting of the Board of Directors (BOD) of Pakistan Steel Mills (PSM) was held in Karachi. The directors have suspended Imtiaz A, K, Lodhi who is...

Volumes plunge on eve of SBP monetary statement

KARACHI - Pakistani shares ended almost flat as volume fell to a one month low as cautious investors remained on the sidelines ahead of the monetary policy announcement on Saturday...

No local, international pressure will be accepted: Sanaullah

LAHORE - Punjab Law Minister Rana Sanaullah has said that the Punjab government would not give in to any "national or international pressure" in the trial of US consulate employee...

PPP MP accuses Malik of trying to get accused released

ISLAMABAD - While a lot of concerns are being expressed at all political, security and diplomatic levels about the increasing presence of US diplomats and their unchecked movement across the...

Senators oppose leniency in Lahore incident

ISLAMABAD - Legislators in the Upper House of parliament on Friday demanded authorities take notice of the Lahore incident involving the death of three young men by US citizens, without...

SC summons former IG in drag race case

ISLAMABAD - Police Deputy Inspector General Major (r) Mubasharullah told the Supreme Court on Friday that Islamabad's former IG Kalim Imam had phoned him and asked to accept the affidavits...

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