Militants behead law-enforcement men in public
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By Hameedullah Khan
SWAT, Oct 26: Militants on Friday publicly executed four law-enforcement personnel in a village, 16km west of Mingora, the district headquarters, and exchanged heavy gunfire with security forces in a nearby sub-district. “It was gruesome,” was how a resident of Shakkardarra described the scene of beheading of the law-enforcement personnel.Requesting anonymity, he told Dawn on phone that masked militants armed with rocket-propelled grenades and assault rifles brought the four men to the village at around 5pm, fires a few shots in the air and then beheaded them…

http://www.dawn.com/cgi-bin/dina.pl?file=top1.htm&date=20071027

Judges not answerable to any group: Justice Javed
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ISLAMABAD, Oct 26: Mr Justice Javed Iqbal, who heads an 11-member bench of the Supreme Court hearing petitions challenging the acceptance of Gen Pervez Musharraf’s nomination papers for the presidential election, said on Friday that the decision on the petitions would be in accordance with the Constitution. He also said that the court might announce its verdict on Thursday. He was responding to questions after addressing the inaugural session of a two-day workshop on “Delay Reduction Techniques-cum-Training: the Trainers for District and Sessions Judges” jointly organised by the Federal Judicial Academy and the Access to Justice Programme…

http://www.dawn.com/cgi-bin/dina.pl?file=top3.htm&date=20071027

$60bn income likely from mega projects
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By Khaleeq Kiani
ISLAMABAD, Oct 26: Pakistan expects to earn $60 billion a year from transit trade after completion of the national trade corridor, a couple of shipyards and improvement of the North-South road network. The estimate has been prepared by the Planning Commission that is seeking advisory services from international firms for establishment of two large shipyards at Port Qasim and Gwadar Port on a fast track basis. The appointment of an adviser for preparation of project structure would lead to international competitive bidding to develop the shipyards and related infrastructure at an estimated cost of $500 million, to be raised through an emerging public-private partnership facility…

http://www.dawn.com/cgi-bin/dina.pl?file=top4.htm&date=20071027 

Benazir sends ‘defamation’ notice to Arbab
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By Amir Wasim
ISLAMABAD, Oct 26: Pakistan People’s Party chairperson Benazir Bhutto has sent a legal notice to Sindh Chief Minister Arbab Ghulam Rahim demanding cash compensation of Rs100 million for allegedly defaming her by “levelling baseless, malicious, concocted and fabricated allegations” against her. The legal notice has been issued through her counsel Senator Farooq Naek…

http://www.dawn.com/cgi-bin/dina.pl?file=top6.htm&date=20071027

430 Afghans, Uzbeks held
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By Saleem Shahid
QUETTA, Oct 26: Around 430 Afghan and Uzbek nationals were arrested from the border town of Chaman and some other areas of Balochistan on Friday. Sources said police and Anti-terrorist Force personnel raided several localities in Chaman and arrested 163 Afghans and Uzbeks who had entered the country illegally. Border security officials also handed over to police 127 Uzbek and Afghan nationals arrested while trying to cross the border, the Balochistan police chief said. He said 112 Afghans and Uzbeks had been arrested from Dalbandin and 59 from Mastung….

http://www.dawn.com/cgi-bin/dina.pl?file=top13.htm&date=20071027

Ambassador rejects Benazir’s charge
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By Masood Haider
NEW YORK, Oct 26: Ambassador of Pakistan to the United States Mahmud Ali Durrani has rejected former prime minister Benazir Bhutto’s charge that some current and former government officials could be involved in the recent attempt on her life. “I think, with due respect to her, it was absurd,” Mr Durrani was quoted as telling the New York Times’ editorial board during a meeting on Thursday. Mr Durrani expressed confidence that the suicide bombers would be identified and their backers apprehended by the Pakistani government without American or other international assistance…

http://www.dawn.com/cgi-bin/dina.pl?file=top8.htm&date=20071027

Benazir reiterates call for US, UK role in probe
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By Amir Wasim
ISLAMABAD, Oct 26: Pakistan People’s Party (PPP) chairperson Benazir Bhutto on Friday formally requested the government to seek assistance from the US and the UK in carrying out investigations in the Oct 18 bomb attack on her rally in Karachi. “The PPP asks you to immediately assist the poorly-equipped Pakistan police investigation with sophisticated technology and scientific techniques available to Scotland Yard and the FBI (Federal Bureau of Investigation) to assist in the investigation and bring the culprits to book,” Ms Bhutto wrote in a letter sent to the federal interior secretary. She forwarded copies of the letter to President Gen Pervez Musharraf, the United Nations Security Council (UNSC), Chief Justice Iftikhar Mohammad Chaudhry and Chief Justice Sindh High Court Justice Sabihuddin Ahmad…

http://www.dawn.com/cgi-bin/dina.pl?file=top7.htm&date=20071027

Karachi Stocks up 88.83, points:
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KARACHI, Oct 26: At the close of trading the KSE-100 index was at 14449.98,up 88.83, points.

Forex update:
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KARACHI, Oct 26: The Pakistani Rupee was traded at Rs 60.7, to the US Dollar in the open market.