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Another bloodbath on world stock markets

Another bloodbath on world stock markets

NEW YORK/LONDON (AFP) - Stock markets around the world again suffered heavy losses Friday, as fear stalked trading floors and frazzled investors looked to a meeting of G7 finance chiefs for salvation. Stock exchanges were in turmoil after Wall Street opened sharply lower before limping into positive territory, only to plunge again on comments from US President George W Bush. European shares closely tracked the New

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Members for closure of Karachi bourse

Members for closure of Karachi bourse

KARACHI - The members of the Karachi Stock Exchange have proposed its management to close down the exchange if their proposals were not addressed immediately, as panic mounted among the brokers following the default of a KSE member during Friday trading. After the CFS rate touching the peak of 68 per cent on average, the alarm spread among the KSE members and they proposed its board to ask the National Clearing

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Taliban too want to brief lawmakers

Terming the Parliament’s in-camera security briefing by Army officials a one-sided move, Taliban have said they too want an opportunity to brief the parliamentarians about the situation. Talking to the BBC on Friday, Taliban spokesman
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Iran oil on deferred payment sought

ISLAMABAD - Pakistan has sought the supply of crude oil from Iran on deferred payments basis to help ease the intense pressure on economy because of balance of payments crisis. Foreign Minister Shah Mahmood Qureshi revealed this during a
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Manmohan for new ways to tackle issues
Trust opens media front against SPLA

Lahore

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Anti-terrorism courts sans judgesPage 13
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Four die in separate incidentsPage 14
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Karachi

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Islamabad

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CDA chief spells prioritiesPage 2
PM meets Nishtar's grand daughterPage 2
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Kiln labourers protest against…Page 2
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Column

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A nation in 'peril'Page 7
Give them a breakPage 7
Pakistani people on my mind!Page 7
Following the script!Page 7
Consensus on militancyPage 7
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Letter

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Democracy, Pakistani stylePage 6
Dog in front of gramophonePage 6
Ever ready but...Page 6
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Tearing us apartPage 6
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Editorial

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No posturing, pleasePage 7
Rampant povertyPage 7
The bleak assessmentPage 7
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Lahore

night-clear
  • Clear sky
  • Temp: 21 °C
  • Wind: West-Southwest, 3.5 mph
  • Humidity: 78%
Reported on:- 10 October, 2008 - 22:55

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