KSE closes below 13000 points at weekend

KARACHI: The local capital market Friday remained under pressure and closed 84 points down to 12, 941.The investors appeared to be consolidating their positions at the weekend.Trade volume remained low at 100 million shares which is lower by 20 million compared to yesterday.Fauji Fertilizer Bin Qasim was the star performer in terms of volume which gained paisas 26 to close at Rs37.95. KSE-30 Index dropped 59 points to 15, 239.

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Rice offers regrets to Pakistan for border deaths (USA Today)

Secretary of State Condoleezza Rice offered her personal regrets to Pakistan on Friday for the deaths of soldiers that the United States called partners in the battle against terrorism. The two nations remained at odds over whether the U.S. was to blame.

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Pakistan News

US, Pakistan to jointly investigate controversial airstrike (USA Today)

The United States says it will conduct a joint investigation with Pakistan of an airstrike along the Afghan border that Pakistan says mistakenly killed 11 of its soldiers.

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No restriction on any TV channel: Sherry Rehman

ISLAMABAD: Federal Minister for Information and Broadcasting, Sherry Rehman has said there is no pressure on media and that government has not imposed any ban on TV channels. Talking to media here, She said government was committed to ensuring complete freedom of speech in the country and reports about restricting media were out of question. Sherry Rehman said government had directed Federal and Provincial governments to facilitate media in the best possible manner.

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Pro-judge protesters mass in Pakistan’s capital (AP via Yahoo! News)

Tens of thousands of protesters swarmed into Pakistan’s capital Friday for a raucous, sweat-soaked rally led by lawyers demanding the reinstatement of judges purged by President Pervez Musharraf.

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Pakistan protests to U.S., NATO over air strike

PARIS: Foreign Minister Shah Mehmood Qureshi has held important meetings with U.S. Secretary of State, Condoleezza Rice and NATO Secretary General here. In the meeting, Qureshi protested to U.S. and NATO over air strike in Mohmand Agency. Speaking to reporters after a meeting between Rice and Foreign Minister Shah Mehmood Qureshi in Paris, U.S. Assistant Secretary of State for South and Central Asia, Richard Boucher said Condoleezza Rice has expressed regret over the death of Pakistani soldiers in Mohmand Agency. Shah Mehmood Qureshi also held meeting with NATO Secretary General Jaap de Hoop Scheffer and termed coalition air strike into Pakistani territory as a provoking act. NATO Secretary General expressed regret over the incident.

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Rice offers regrets to Pakistan for border deaths (AP via Yahoo! News)

Secretary of State Condoleezza Rice offered her personal regrets to Pakistan on Friday for the deaths of soldiers whom the United States called partners in the battle against terrorism. The two nations remained at odds over what happened and whether the U.S. accidentally killed friendly forces.

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Situation is well under control, army not required: PM

ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has said that situation is well under control of the law enforcing authorities and there was no need for deployment of the army. According to an official statement, the PM said there would be routine working in the government offices and deployment of army was out of question.

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Thousands march for fired Pakistan judges (CNN.com)

ISLAMABAD, Pakistan (AP) — Tens of thousands of protesters from across Pakistan poured into the capital Friday to press the new government to restore judges ousted under President Pervez Musharraf.

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Protesters in Pakistan back ousted judges (AP via Yahoo! News)

Tens of thousands of protesters from across Pakistan were driving toward the capital Friday to press the new government to restore judges ousted under President Pervez Musharraf.

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