Pakistan dismisses allegations that its troops traded in gold and sold weapons in DR Congo while serving as UN peacekeepers.
May 25 (Bloomberg) -- Pakistan's economic progress is being threatened by terrorism and extremism that may force the country to revert to backwardness, said President Pervez Musharraf.
Nike Inc. said Thursday that it will resume making soccer balls in Pakistan with a new company that meets its workers' rights guidelines.
German Foreign Minister Frank-Walter Steinmeier called for improved ties between Pakistan and Afghanistan, saying that better relations would help defeat the Taliban movement.
HONG KONG, May 25 (Reuters) - Pakistan sold 10-year dollar bonds at a yield of 6.875 percent to raise $750 million, a source close to the deal said on Friday.
The BBC's Barbara Plett reports on the growing strength of Pakistan's Taleban movement, whose tentacles now reach Islamabad.
Nike Inc. is resuming Nike soccer ball production in Pakistan with a vendor Nike says is committed to setting new standards for workers' rights in the industry.
Hard-line Muslim clerics in Pakistan Thursday freed the last two of four policemen who had been held hostage in a mosque in Islamabad, reports the BBC.
(Full text of a statement. Contact details below.) Nike Resumes Soccer Ball Production in Pakistan BEAVERTON, Ore., May 24 /PRNewswire-AsiaNet/ -- Goal is to set new standards for workers' rights NIKE, Inc. announced today that the company is resuming Nike brand soccer ball production in Pakistan with a vendor committed to setting new standards for workers' rights in the industry. Nike's ...
NEW YORK, May 24 (Reuters) - Pakistan sold $750 million worth of 10-year bonds on Thursday, finding strong investor demand despite political turbulence ahead of the country's presidential elections later this year.