Oil rebounds in Asian trade

SINGAPORE: Oil rebounded in Asian trade Friday from overnight falls but worries over sluggish US energy demand will likely cap the price surge, analysts said.

New York's main contract, light sweet crude for January delivery was 10 cents higher at 70.64 dollars a barrel.Brent North Sea crude for January delivery added 16 cents to 72.02 dollars a barrel.

Investors remained concerned over weak energy demand in the US, the world's biggest oil consumer, analysts said.

President Zardari, Aitzaz discuss politics

ISLAMABAD: Chaudhry Aitzaz Ahsan called on President Asif Ali Zardari here at the Presidency Thursday. Presidential spokesman, confirming the meeting, said the President and Aitzaz Ahsan had an exchange of views on the overall situation of the country including politics. On the other hand, Chaudhry Aitzaz Ahsan said that he has been offered a number of government positions but ‘I am not a candidate for any of these positions.’ It may be mentioned here that President Asif Ali Zardari had invited Aitzaz Ahsan over to the Presidency for the meeting.

17 children among 37 martyred in Pindi attack

RAWALPINDI: Thirty-seven people including 17 children, 10 civilians, 10 Army personnel embraced shahadat when terrorists attacked a mosque in Parade Lane, Rawalpindi, Saddar Friday. According to ISPR, reportedly 4 terrorists approached a mosque inside officers residential colony in Parade Lane, Rawalpindi Saddar and hurled grenades on Namazies followed by indiscriminate firing. Meanwhile two suicide bombers entered the Mosque and blew ... Full Story