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KSE ends flat at 9879 points

Posted: 09 Sep 2010 03:52 AM PDT

Geo 436 KARACHI: Pakistani stocks ended almost flat on Thursday as investors stayed on the sidelines ahead of the long weekend because of the Muslim festival of Eid-ul-Fitr, dealers said. Markets will be closed from Friday and reopen on Tuesday. The Karachi Stock Exchange (KSE), benchmark 100-share index .KSE ended 0.12 percent, or 11.80 points, lower at 9,879.33, on turnover of 50.28 million shares

FP Bund breach widens to 145 feet

Posted: 09 Sep 2010 03:48 AM PDT

Geo436 DADU: The breach in FP Bund at Mian Kundi in District Dadu broadened to 145 feet, posing mammoth deluge threat to the city, Geo News reported Thursday.

Two dead in Liaquatabad firing incident

Posted: 09 Sep 2010 03:27 AM PDT

Geo436 KARACHI: At least two people were killed in a firing incident at a Super Market situated in Liaquatabad area of Karachi, Geo News reported Thursday. The firing incident triggered panic and tension in the area

CCPO Wasim promoted as FIA’s DG

Posted: 09 Sep 2010 03:26 AM PDT

Geo436 ISLAMABAD: Capital City Police Officer (CCPO) of Karachi Wasim Ahmed has been promoted as Director General of Federal Investigation Agency (FIA), Geo News reported Thursday. According to sources, the present DG of FIA Zafarullah has been appointed as the chief of National Counter-terrorism Authority.

Florida church plan is devilish, says FO

Posted: 09 Sep 2010 03:21 AM PDT

Geo436 ISLAMABAD: Abdul Basit, Pakistan”s Foreign Office spokesman condemned the Satanic plan by a Florida church to burn 200 Quranic copies, saying the government of Pakistan is in contact with Organization of the Islamic Conference (OIC) over hammering out a strategy in this connection, Geo News reported Thursday. Addressing a press conference here at Foreign Office, he said all the religions and faiths of the world have highly decried and condemned this sacrilegious plan

Contempt plea filed against Nab’s PG

Posted: 09 Sep 2010 03:01 AM PDT

Geo436 LAHORE: Supreme Court (SC) has been moved against Irfan Qadir—Prosecutor General of National Accountability Bureau (NAB) for committing contempt of court, Geo News reported Thursday.

Church’s plan to burn Qur’an under fire

Posted: 09 Sep 2010 02:36 AM PDT

Geo436 WASHINGTON: Afghan police went on alert yesterday to guard against demonstrations triggered by a US church's plan to burn a copy of the Qur'an on the anniversary of the Sept. 11 attacks which has drawn global condemnation. Tension has risen with the approach of the ninth anniversary on Saturday of the Sept.

Oil pares gains on China commods probe talk

Posted: 09 Sep 2010 02:29 AM PDT

Geo 436 SINGAPORE: Oil pared gains on Thursday to stay below $75 as Chinese commodity futures tumbled in a widespread sell-off. Market participants said the slide in China was linked to a government investigation of speculative funds in the Shanghai rubber market, which precipitated a decline across the board from zinc to soyoil to cotton.

Malik urges Interpol to stop insane priest from burning Quran

Posted: 09 Sep 2010 02:22 AM PDT

Geo436 ISLAMABAD: Interior Minister Senator A. Rehman Malik on Thursday urged Secretary General of Interpol Ronald K.

Railways fares raised 5 to 15pc

Posted: 09 Sep 2010 02:20 AM PDT

Geo436 LAHORE: Government of Pakistan approved to increase the fares of passenger and freight trains by 5 to 15 percent to steer the Railways clear of the present crisis situation, Geo News reported Thursday. GM operations Railways Muhammed Ashfaque Khatak said the raise was effected to cut down on the financial straits faced by Pakistan Railways. Khatak said Railways had no money to buy diesel to run the trains service, as also the recent flash floods across the country have caused billions of rupees worth of loss to the Railways

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