Pakistan, 35 other states face shortage
The world’s financial experts, now meeting in Washington, have placed Pakistan on a list of 36 countries that face a serious food crisis, warning that if the situation worsens people may raid storage facilities for food more... (D)

Govt to sell $1bn bonds to tide over deficit
Pakistan plans to sell one billion dollars worth of bonds exchangeable into shares of a state-owned company as the government seeks to finance its budget deficit, says Finance Minister Ishaq Dar more.... (D)

Pakistan, China working on transit trade accord
Pakistan and China have made substantial progress in their talks to work out a transit trade agreement and expand the scope of a free trade agreement, besides identifying new areas of cooperation to strengthen their multi-faceted ties more... (D)

Oman's inflation surges to 18-year high above 10%
Annual inflation in Oman, one of six Gulf oil producers, surged above 10 per cent this year for the first time in at least 18 years, highlighting the cost of being pegged to the ailing dollar as food prices soared more.... (gulf news)

MQM’s power-sharing talks with PPP fail: Suddle’s appointment as IG opposed
Blaming Pakistan People’s Party for what it called lack of seriousness in talks, the Muttahida Qaumi Movement announced on Sunday that it would sit in the opposition in the National Assembly and the Sindh assembly more... (D)

Global support sought for Benazir’s plan to curb extremism
Speaker of the National Assembly Dr Fehmida Mirza has called upon the world’s powerful countries to support Benazir Bhutto’s plan, modelled on the Marshall Plan that rebuilt more... (D)

Protest against MQM held in London
A group of about 50 Britons of Pakistani origin, including Pakistani students of the London School of Economics and the School of Oriental and African Studies more... (D)

PRL profit declines to Rs 257.130 million in third quarter
The profit after tax of Pakistan Refinery Limited (PRL) has declined to Rs 257.130 million in the quarter ended March 31, 2008 as compared to Rs 406.570 million earned in the corresponding period in 2007 more.... (BR)

PRC shows Rs 3,726 million profit in 2007
Rukhsana Salim, Chairperson of Pakistan Reinsurance Company Limited has said that the tremendous increase in company's earnings of over Rs 3,726.959 million in 2007 against Rs 671.843 million earned in 2006 was mainly due to teamwork and better planning more.... (BR)

Ufone signs Rs 4.5 billion term loan agreement
Ufone has signed a Rs 4.5 billion Syndicated Term Loan Facility agreement here on Saturday as per an aggressive rollout plan in Pakistan. The National Bank of Pakistan (NBP) and Habib Bank Limited (HBL) have jointly advised and arranged the facility more.... (BR)