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News for Thursday, 3 Mar 2011

Inflation rising in Asia, emerging economies: IMF

WASHINGTON - A top International Monetary Fund official expressed concern about overall inflation in emerging countries beyond the current spike in food and commodity prices. Naoyuki Shinohara, IMF deputy...

SBP thumps up NRSP to operate as microfinance bank

KARACHI - The State Bank of Pakistan (SBP) has allowed NRSP Microfinance Bank (NRSP-MFB) to commence its countrywide operations as a microfinance bank, the central bank said on Thursday. Earlier,...

7th international CNG expo on March 24

KARACHI - National Forum for Environment and Health in collaboration with the Ministry Petroleum and CNG Associations of Pakistan is holding one-day 7th International CNG Conference and Exhibition on March...

KSE jacks up 63 points

KARACHI - The KSE-100 index sustained momentum, adding 63 points to close at 11,762 points. LOTPTA's announcement of injecting $400 million, for setting up another PTA plant, was the major...

LSE adds significant volume

LAHORE - The Lahore Stock Exchange (LSE) remained bullish, on Thursday, marked by a considerable recovery in volume. The LSE-25 index added 46.92 points to close at 3,581.14 against its...

South Africa crush Dutch to top Group B

MOHALI - In no mood to brook any Dutch mischief, title aspirants South Africa steamrolled the Netherlands by 231 runs in Thursday's World Cup match to top Group B. ...

England fast running out of chances

BANGALORE - England must raise their game by several notches if they are to stay alive in the World Cup and Andrew Strauss admitted that unless they stopped "chasing their...

Australia and Sri Lanka in battle of the pacemen

MUMBAI - A battle for supremacy between bouncers and yorkers may eventually decide the outcome of Saturday's World Cup Group A showdown between Australia and Sri Lanka in Colombo. On...

PCB honours Sri Lanka team attack victims

LAHORE - Two years after the terrorist attack on the Sri Lankan cricket team in Lahore, the Pakistan Cricket Board is hoping for international cricket's return to the country, with...

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