China may need rate hikes to avoid inflation: ADB

SINGAPORE: China should boost interest rates or allow its currency to strengthen to help curb inflation pressures, the Asian Development Bank said Tuesday.

Originally posted here:
China may need rate hikes to avoid inflation: ADB

KSE-100 Index slides below 10,500 level

KARACHI: Correction at the local bourse continued on Thursday, taking away 64 points from the benchmark KSE-100 Index which closed at 10,454.

The Index started off green and witnessed the intra-day high of 10,579 points. But later off-loading in energy and banking sectors by the investors sucked away earlier gains.

The trade volume was weak and stood at 110 million shares.

PTCL emerged as today’s volume leader at Rs21.48, up by paisas 45.

Meanwhile, KSE-30 Index plunged by 81 points to finish the day at 10,557.

ADB to provide $780 million for energy projects

KARACHI: The Asian Development Bank said Thursday it will provide $780 million for energy projects in Pakistan to help the country overcome pressing energy constraints and curtail transmission losses.

The investment is part of a $1.18 billion Energy Efficiency Investment Program, the Manila-based multilateral funding agency said in a statement.

The fund will be released in tranches and used for short-to-medium-term projects.

Barack Obama and Hu Jintao Yield Few Agreements

Full Story And Original Content.TrendPK.com Barack Obama and Hu Jintao Yield Few Agreements:America and China have been forced to agree to disagree on a wide range of issues following several hours of talks between US president Barack Obama and his Chinese counterpart Hu Jintao in Beijing. Despite reaffirming the importance of deeper US-China co-operation to world peace

Full Story And Original Content.TrendPK.com Barack Obama and Hu Jintao Yield Few Agreements:America and China have been forced to agree to disagree on a wide range of issues following several hours of talks between US president Barack Obama and his Chinese counterpart Hu Jintao in Beijing.
Despite reaffirming the importance of deeper US-China co-operation to world peace [...]

Cricket-Dilshan Gives Sri Lanka Solid Start To Reply Updated

Full Story And Original Content.TrendPK.com Cricket-Dilshan Gives Sri Lanka Solid Start To Reply Updated:Opener Tillakaratne Dilshan helped Sri Lanka make a strong start in reply to India’s first-innings total of 426 with a sparkling half-century on the second day of the first test at the Motera on Tuesday.

Full Story And Original Content.TrendPK.com Cricket-Dilshan Gives Sri Lanka Solid Start To Reply Updated:Opener Tillakaratne Dilshan helped Sri Lanka make a strong start in reply to India’s first-innings total of 426 with a sparkling half-century on the second day of the first test at the Motera on Tuesday.
Dilshan struck 88 not out and shared in [...]

180 Killed Terrorists By Security Forces In Sararogha

Full Story And Original Content.TrendPK.com 180 Killed Terrorists By Security Forces:WANA: Pakistan Army has taken full control of Sararogha amid ongoing operation in Southern Waziristan killing a large number of Uzbek militants there Tuesday.

Full Story And Original Content.TrendPK.com 180 Killed Terrorists By Security Forces:WANA: Pakistan Army has taken full control of Sararogha amid ongoing operation in Southern Waziristan killing a large number of Uzbek militants there Tuesday.
During a press briefing in recently cleared area Pak Army Brigade Commander in Sararogha Brigadier Shafiq told newsmen that 70 landmines and [...]

Shilpa Shetty Wedding Announces Date Of On November 22, 2009

Full Story And Original Content.TrendPK.com Shilpa Shetty Wedding Announces Date Of  On November 22, 2009:I’m going through a lot of mixed feelings  happiness, excitement, nervousness  just like any bride-to-be and sadness as well. I miss my sister and am hoping that she’ll be out soon in my last few days at home

Full Story And Original Content.TrendPK.com Shilpa Shetty Wedding Announces Date Of  On November 22, 2009:I’m going through a lot of mixed feelings  happiness, excitement, nervousness  just like any bride-to-be and sadness as well. I miss my sister and am hoping that she’ll be out soon in my last few days at home. My parents are ecstatic [...]

Nokia Mobile Price List Update

Full Story And Original Content.TrendPK.com Nokia Mobile Price List Update:Nokia Mobile Price List or Nokia Mobile Model with Price List for Nokia Mobile Models is here for the requirement of Customers who want to know Nokia Mobile Price List or Nokia Mobile Model with Price List to purchase as Nokia is the world’s number one manufacturer

Full Story And Original Content.TrendPK.com Nokia Mobile Price List Update:Nokia Mobile Price List or Nokia Mobile Model with Price List for Nokia Mobile Models is here for the requirement of Customers who want to know Nokia Mobile Price List or Nokia Mobile Model with Price List to purchase as Nokia is the world’s number one manufacturer [...]

Asian Development Bank To Fund Projects In India

Full Story And Original Content.TrendPK.com Asian Development Bank To Fund Projects In India:Manila: The Asian Development Bank (ADB) said on Tuesday that it would loan USD 700 million to India for infrastructure projects to be developed by public-private partnerships. The loan would be released in three tranches over five years to state-owned India Infrastructure Finance Company Ltd,

Full Story And Original Content.TrendPK.com Asian Development Bank To Fund Projects In India:Manila: The Asian Development Bank (ADB) said on Tuesday that it would loan USD 700 million to India for infrastructure projects to be developed by public-private partnerships.
The loan would be released in three tranches over five years to state-owned India Infrastructure Finance Company Ltd, [...]