NEW YORK (Reuters) - Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest Septembers all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders. The bleak forecast, coming after gold has ...

SAN FRANCISCO (Agencies) - Take a hotspot of potential conflict and add a magnitude 9 earthquake. It sounds like a nightmare scenario, but it could play out in the troubled Kashmir region of the Indian subcontinent, according to Roger Bilham of the University of Colorado at Boulder. Worse still, ...

OUR STAFF REPORTER LAHORE - Over charging continued at the weekly makeshift markets and the rates of major vegetables further increased, as no Sunday Bazaar was set up in the provincial capital officially due to security reasons. The spiralling trend of the vegetables, especially of tomato and ...

NEW YORK (Reuters) - Despite concerns that removing both of a womans ovaries would raise her chances of dying from diseases associated with aging, a large new study suggests the procedure may be safe. Looking at data on more than 130,000 California teachers, researchers found that women who were 45 ...

One cannot exactly judges whether pleasures and happiness of Eidul Azha for common people were more cherished in the past or in the current era, however, one can say it easily that use of modern technology like TV channels, internet and cellular phone have faded the zeal and enthusiasm of Eid ...

RAWALPINDI (APP) - Skyrocketing prices of sacrificial animals are forcing people to opt for 'Ijtamai Qurbani' which is becoming popular as slaughtering animals is a religious duty but high prices are the main hurdle to it particularly in this era of financial constraint. With Eid-ul-Azha fast ...

DHAKA (Reuters) - Bangladeshs annual inflation rate climbed to 11.97 percent in September, the highest level in 20 years, fuelled by soaring food prices, a government statistics official said on Sunday. Food inflation jumped to 13.75 percent in September from 12.70 percent in August, while non-food ...

Buddhy heck. At more than 100 tons and nearly 30ft high, this astonishing new hand crafted Buddhist temple brass bell is a real hum-dinger. The bell - cast in Wuan, Hubei province, central China - has a 19ft diameter at its widest point and comes complete with 92,306 sacred Chinese characters ...

LAHORE The skyrocketing gold rates, high inflation, worsening law and order and dwindling economy, have dragged down the gold ornament business to zero level, market operators said. The rising gold prices in the international market have forced the customers to use artificial jewellery, pushing ...

NEW YORK (Reuters) - Comedian Eddie Murphy is on an Oscar producers shortlist to host the Academy Awards in February, showbusiness website Deadline reported. A meeting is scheduled for this coming Tuesday between Oscar producer Brett Ratner and the Academy of Motion Picture Arts & Sciences, at ...

WASHINGTON (APP) - Pakistan is ranked as one of top countries that registered high growth rates in broadband Internet penetration among their populace, the latest worldwide data report for Q1 2010 to Q1 2011 says. Serbia leads all countries surveyed with a 68% annual growth rate from Q1 2010 to Q1 ...

Our Staff Reporter ISLAMABAD - The National Price Monitoring Committee on Saturday noted in its meeting that food prices had shown an increase in July 2011 before the start of Ramazan, which appeared to be seasonal. The meeting reviewed the price trend of essential items and measures to stabilise ...

ISLAMABAD (Online) Increasing demand for residential accommodation, prices of rental housing in the twin cities are not according to the size or quality of house but according to the sweet will of the property dealers or landlord irrespective of the condition of the house. As per details, since ...

MIRPUR (AJK) - Azad Jammu & Kashmir Supreme Court on Friday declared null and void, the recent order of AJK High Court directing holding of re-polling in five more polling stations in the electoral constituency LA-16 (Bagh-4 Haveili) of AJK Legislative Assembly, AJK SC sources told The Nation. 'The ...

LAHORE Capital City Police Officer Ahmad Raza Tahir on Thursday directed the police to ensure comprehensive strategy for maintenance of security for Jumma prayers through snap checking. According to an official handout issued, he further ordered the police to ensure the usage of walk-through ...

ISLAMABAD - In the wake of the attack on Mehran naval base in Karachi on Sunday night, security has been put on highest alert throughout the country specially in Islamabad. As per private TV channels, law-enforcement agencies have been alerted and intense patrolling of key roads in the Federal ...

LAHORE (APP) - The People's Economic Forum (PEF), comprising senior PPP workers, held a protest demonstration in front of Lahore Press Club on Friday. The demonstrators demanded reduction in the interest rate to the single digit and dismissal of the State Bank Governor . Sami Ullah Khan Durrani, ...

OUR STAFF REPORTER KARACHI - State Bank of Pakistan former Governor Dr Ishrat Husain has said that the high rate on National Savings Schemes (NSS) is not only hindering the growth of the mutual fund industry but also crowding out the private sector. Therefore, the government should control its ...

LAHORE Punjab Chief Minister Mian Muhammad Shahbaz Sharif has stressed upon high quality seed usage and modern technology for increasing cotton production in the province. He was chairing a meeting held here on Sunday to review various measures and proposals for increasing cotton production. ...

LAHORE - Volumes at Pakistan Mercantile Exchange Limited reached another record over the first quarter of 2011. March alone saw the traded value crossing the Rs 50b monthly mark for the first time. The overall first quarter volume saw a 1026 percent increase in terms of value traded over the same ...

PARADISE ISLAND, Bahamas (Reuters) Chocolate treats will continue to get a little less chocolaty if the cost of the key ingredient cocoa rises further and the long-term supply concerns become a reality, one U.S. manufacturer told Reuters. Theres been clearly over the last couple of years, a ...

NEW DELHI (Agencies) - Injury-ravaged West Indies will have plenty to play for when they take on an inspired Netherlands in a crucial World Cup league match today (Monday). Reeling under a seven-wicket defeat to South Africa at the Ferozeshah Kotla stadium on Thursday, West Indies were dealt ...

YALE University researchers have identified two novel genetic mutations that can trigger hypertension in up to a third of patients suffering from a common cause of severe high blood pressure, they report in the Feb. 11 issue of the journal Science. The findings are a major step in understanding the ...

KARACHI - The Karachi stock exchange on Friday witnessed a bullish trading activity continued with rising volumes on strong valuations. Stocks rose to a 31 month high as foreign investors snapped up energy and fertiliser stocks on hopes of strong corporate results due to be announced in the coming ...

SALMAN ABDUHOO LAHORE - The local equity market kept on its bullish trend in the lead of oil scrips, which appeared as the star performer, generating a strong rally in the E&P stocks during the outgoing week. The index crossed the barrier of 11,600 level after 127 weeks, as the market had not ...

\\KARACHI The Karachi stock market closed on a 29-month high on Wednesday, led by foreign buying in oil, banking and fertilizers scrips on strong valuations. The Karachi Stock Exchanges benchmark 100-share index closed 1.74 percent, or 198.92 points, higher at 11,629.93, its highest close since ...

KARACHI (Reuters) - The stocks, led by the energy sector, closed near a 29-month high on Tuesday despite an increase in the key policy rate the previous day, which dealers said had been factored in by the market. The State Bank of Pakistan on Monday announced an increase in its key policy rate to ...

TEETERING on the edge of his space capsule at 102,800ft above the earth, Colonel Joe Kittinger readied himself for one of the most daring acts in history. It was morning, not yet 7am, and murderously cold - despite his insulated pressure suit. The sun-tipped clouds were more than 80,000ft below the ...

KARACHI - The stocks closed more than 2 per cent higher at a 28-month closing high on Monday, led by foreign buying in blue chip shares. Rising banking spreads, Peak Gas production by Qadirpur gas field owned by OGDC, rising power tariffs, reconstruction activity in flood affected regions, ...

BEIJING (Reuters) - China should tighten monetary policy to staunch liquidity, and more measures should follow next year, an advisor to the central bank said in remarks published late on Saturday. We need to find ways to drain excessive liquidity, and adopt a suitably tightened and prudent monetary ...