Oil above 78 dollars in Asian trade

SINGAPORE: Oil prices moved above 78 dollars a barrel in Asian trade Monday as a weaker US dollar helped boost demand, analysts said. New York's main contract, light sweet crude for January delivery, advanced 79 cents to 78.26 dollars a barrel in morning trade. The December contract, which expired at the weekend, closed at 76.72 dollars in New York last Friday. Brent North Sea crude for January delivery was up 69 cents to 77.89 dollars. .... Full Story

Thunder fighter plane handed over to PAF

ISLAMABAD: The first state of the art JF-17 Thunder multi-role fighter plane produced in Pakistan Aeronautical Complex (PAC) Kamra handed over to Pakistan Air Force.Prime Minister Syed Yusuf Raza Gilani was the chief guest at the rolling out which held at Pakistan Aeronautical Complex at Kamra.“On this historic occasion, I congratulate the nation as JF-17 is not only a PAF programme but a national project. This day will be rem ... Full Story