Pakistan news of October 15, 2008 - Zardari to strengthen strategic, economic, cultural ties
2008-10-15 14:10:19 (GMT) (Caymanmama.com - Pakistan News News)Pakistan news of October 15, 2008
- Zardari to strengthen strategic, economic and cultural ties during is first official visit as President of Pakistan to China
- Suicide attacks declared ‘UN-ISLAMIC’ by Muslim “Ulema”
- Karachi Stock Exchange - floor removal expected on the 27th of October
- Pakistan Fleet of 34 F-16s need mid-life upgrading - Urges the US
- Karachi Stock Exchange index remained unchanged
Zardari to strengthen strategic, economic and cultural ties during is first official visit as President of Pakistan to China
Beijing: President Zardari’s 4 days official visit to China began yesterday when he landed at the Beijing airport. The President will be meeting the Chinese President on Wednesday during the welcome ceremony. During his visit Mr. Zardari will be signing different agreements and memorandum of understanding with the Chinese government aiming to strengthening economic ties with the country just when Pakistan’s relationship with the West is becoming strained.
Suicide attacks declared ‘UN-ISLAMIC’ by Muslim “Ulema”
Lahore: Muslim Ulema from different school of thoughts have declared Suicide bomb attacks Un-Islamic. The joint declaration issued by the Ulema read as “It is a unanimous decree of the ulema that suicide attacks in Pakistan are haram and illegitimate. But it seems as if the government is covertly backing these attacks so that patriotic citizens may not assemble and launch a mass drive for the defense of the country.”
Karachi Stock Exchange - floor removal expected on the 27th of October
Karachi: Amid the uncertain stock market conditions and amidst fear of further fall in the share price index, the Board of Directors of the Karachi Stock Exchange have finally decided to remove the floor, that had been fixed by the board at 9,144 points, on the 27th of this month. The step comes exactly after 30 days and coincides with the return of Mr. Shaukat Tareen from his foreign visit who had expressed his dissatisfaction on the floor freeze.
The analysts fear a major drop in the share price index upon floor removal. The ‘biggest scare’ as per the analysts is the possible sell out by the foreign investors who hold $2 billion in the equities.
Pakistan Fleet of 34 F-16 need mid-life upgrading - Urges the US
Washington: To increase Pakistan’s effectiveness in the war against terror, Pakistan’s aging fleet of F-16’s need to be upgraded with modern technology and weapon equipment to fight with more effectiveness in the US led war against terror. The US assistant secretary of State, Richard Boucher urged the US Senate for help in this regards.
The US had accepted Pakistan help in providing 50% of the fund that amounted to $474 million.
Karachi Stock Exchange index remained unchanged
Karachi: With the trading levels falling at all time low on Tuesday with only 0.585 million shares changing hands, the KSE-100 index set a new record of maintaining its overnight level of 9,184.24 points. The index did not sway in any direction.
For more details and more Pakistan news of October 15, 2008 visit:http://www.dawn.com/2008/10/15/index.htm
CaymanMama.com - Press Release Distribution Service
Comments
Articles
- New York car accident claims - no fault, uninsured or underinsured claims
- Been in a motorcycle accident? Vehicle and Motorcycle accident lawyer educates
- Pakistani youth deprived of recreational facilities
- How to Identify a Brain Injury
- Bluetooth technology: Revolutionized
- Color card printing best for business promotion and personal use
- What is Depression?
- Brochure Templates made easy with PrintPelican.com
- Flyers as best marketing tool for business enterprise
- Who uses an RSS Feed?
