Business Recorder

Loading Stock data...

Articles and Letters: Articles

Archive: 

ImageFrom 1958 to 1969, the Golden Sixties, country's GDP growth jumped to an average annual rate of 6 percent from 3 percent in the 1950s, the manufacturing sector expanded by 9 percent annually. Pakistan's manufactured exports were higher than the exports of Thailand, Malaysia and Indonesia combined.

US unemployment fell in January to a rate last seen just after President Barack Obama entered office three years ago, but as the economy looms as the central issue of the 2012 presidential election, Republicans wasted no time in pummelling him. Government figures on Friday showed unemployment fell to 8.3 per cent - the same level as February 2009, a month after Obama took office.
The valley of Kashmir is the most beautiful, geographical entity on earth and its ravishing landscape has been impressing the visitors for centuries. When the Mughal Emperor Jehangir came to Kashmir he was so spellbound by its calmness that he exclaimed: "If there is a paradise on earth, it is here, it is here, it is here!"
Imran has and is going to have a difficult time sifting the chamchas from the actual workers. There have been many ways that the chamchas slide up to and make it with the powerful. Calling them opportunists is not enough for they are like the worms and like the American sundi in a cotton bowl they make them abode in the mental minds of the politicians. There were people from Musharraf's regime and they openly changed sides not because of any convictions but merely to be on the winning side as a politician.
The government would probably have its stand on the MFN status to India bolstered if there had been substantial support from the leadership of the workers' federations and councils. It has been established that MFN status to India and the removal of Non-Tariff Trade Barriers by New Delhi would result in enhancement of exports to India and at the same time, in the future, would attract Indian investment in many sectors.
The Mediterranean island-nation of Malta is celebrating a record year for tourism, despite the odds stacked up against it. Official preliminary figures registered the arrival of 1.4 million tourists in 2011, up by nearly 6 per cent over last year's record results and a 12 per cent increase compared to 2009. Cruise liners mooring in Maltese ports have reported an all-time record of 565,000 passengers.
"Malik has threatened exposure."

China Wholesale

brindex
9098.8   Arrow 29.37
+

Banking Review 2011


The Wall

ArrowEuro 1.3158
ArrowSterling 1.5815
ArrowSwiss Franc 0.9182
ArrowYen 76.6015
ArrowGold 1740.300
ArrowCotton 96.340
ArrowOil 97.840
Index Closing Chg%
Arrow DJIA 12,862.20 1.23
Arrow Nasdaq 2,905.66 1.61
Arrow S&P 1,344.90 1.46
Arrow FTSE 5,901.07 1.81
Arrow DAX 6,766.67 1.67
Arrow CAC-40 3,427.92 1.52
Arrow Nikkei 8,831.93 0.51
Arrow H.Seng 20,757.00 0.08
Arrow Sensex 17,605.00 0.99

The Rupee

Interbank closing rates for dollar on Saturday.
BuyingRs 90.40
SellingRs 90.45
Rates keep coming down

Annual2010/11
Foreign Debt $59.53bn
Per Cap Income $1254
GDP Growth 2.4%
Average CPI 14.10%
MonthlyDecember
Trade Balance $-2.41 bln
Exports $1.85 bln
Imports $1.26 bln
WeeklyJanuary 26, 2012
Reserves $16.802 bln
ArrowBRIndex-30 9,104.17
ArrowKSE-30 Index 11,258.08
ArrowKSE-100 Index 11,982.62
ArrowLSE-25 Index 3,122.96
ArrowISE-10 Index 2,627.71
ArrowGold Per 10gm 50,914.00
ArrowKCA Spot Rate 5,700.00
ArrowLibor Rate 0.76850

Disclaimer | Privacy Policy | Terms of Use | Contact Us | Careers | Help | Site Map Aaj TVAaj TV Urdu Stock News | Play TV