ECB to hold rates

FRANKFURT: With the euro losing its momentum against the dollar, oil back at $60 a barrel and economic growth in Europe slowing, the European Central Bank (ECB) is facing louder and more frequent calls for a rate cut. — AP

Aziz to open WIEF

ISLAMABAD: Pakistan prime minister Shaukat Aziz will inaugurate the first meeting of the World Islamic Economic Forum (WIEF) in Kuala Lumpur in October. WIEF chairman Tan Sri Dato Musa Bin Hitam called on Aziz and invited him to inaugurate the October 1-3 meeting. — HNS