Any recovery in the world economy will be mild as it will take considerable time to get rid of excesses built up during the growth years, the governor of the Bank of Japan said on Monday. Speaking just days after the central bank upgraded its assessment o

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (May 25, 2009).

Russian President Dmitry Medvedev on Monday called for "tough" measures to economise during the next three years as he warned of a worsening outlook for his heavily oil-dependent country. "We all understand what a difficult situation the country (and) the

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (May 25, 2009).

Bulls commanded the proceedings at Islamabad Stock Exchange (ISE) where equities showed plus signs under the lead of hot favourite and amid increase in index. ISE Ten Index showed an improvement of 10.86 points, as the ISE Ten Index moved from 1,651.19 to

Pakistan Government International Bonds daily prices for Monday (May 25, 2009)

The Lahore High Court (LHC) here on Monday summoned a well-known female singer Naseebo Lal in person for June 30 in a petition challenging the alleged vulgar songs sung by her. On previous date of hearing the court, while imposing ban on exhibition and di

Pakistan Government International Bonds daily prices for Monday (May 25, 2009)

A one-day conference on 'Regional Connectivity: Potential for Infrastructure Development and Energy Co-operation in South Asia' is being organised by the Saarc Chamber of Commerce and Industry (Saarc CCI) in Dhaka on May 26.

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (May 25, 2009).

Textile industry is confused over the outcome of the 2009-10 budget, as the summary relating to the removal of cross subsidy has not yet been put forward by the Textile Ministry. The industry sources told Business Recorder on Monday that the worrie

Pakistan Government International Bonds daily prices for Monday (May 25, 2009)

Iran has sent six warships to international waters, including the Gulf of Aden, to show its ability to confront any foreign threats, its naval commander said on Monday. Admiral Habibollah Sayyari, quoted by the ISNA news agency, made the announcement five

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Complete shutter down strike was observed in Toba Tek Singh here on Monday to protest against massive load shedding of electricity and robberies in the area. The strike was call given by Anjuman-e-Tajran. All business centres and schools were closed in To

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Pakistan High Commissioner to Malaysia Lieutenant General Tahir Mahmud Qazi (Retd) on Monday appealed to the Malaysian people to extend a helping hand to their Pakistani brethren and generously donate for the two million displaced people of Swat.

Last dates of renunciation/payment.

The higher water level in reservoirs, more discharge of water from the dams and efficient working of IPPs and Thermal Power Plants has boosted the production capacity of generating machines. According to a Pakistan Electric Power Company (Pepco) statement

Right issues proposed by companies listed on Karachi Stock Exchange.

The establishment of synthetic natural gas (SNG) projects is the only immediate alternative available to face the shortage of natural gas, as compared to liquefied petroleum gas (LPG) projects, or the supply of gas from Iran to Pakistan.

Shares buy-back schedule of listed companies on Monday (May 25, 2009).

Sufficient storage capacity for wheat was available both in public and private sectors as the government has procured about 8.775 million tons of wheat so far. Agriculture Development Commissioner (ADC) in the Ministry of Food and Agriculture (Minfa) Dr Q

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Gunmen shot dead three Shia labourers in a drive-by shooting Monday in a north-western town troubled by sectarian violence, officials said. The assailants riding on a motorbike opened fire on a group of workers at a construction site in Dera Ismail Khan,

Board Meetings of Companies listed on the Karachi Stock Exchange.

Gunmen shot dead three Shia labourers in a drive-by shooting Monday in a north-western town troubled by sectarian violence, officials said. The assailants riding on a motorbike opened fire on a group of workers at a construction site in Dera Ismail Khan,

Extension granted by the secp for holding of annual general meeting

Necessary arrangements are being finalised for setting up an ultra modern Tanneries Zone on 384 acres costing Rs 400 million in Sialkot. Official sources told Business Recorder on Monday that the Punjab government has released more than Rs 300 mill

Board Meetings of Companies listed on the Karachi Stock Exchange.

Iran has sent six warships to international waters, including the Gulf of Aden, to show its ability to confront any foreign threats, its naval commander said on Monday. Admiral Habibollah Sayyari, quoted by the ISNA news agency, made the announcement five

BRIndex30 and BR Sectoral Indices on Monday (May 25, 2009).

Indian sugar futures eased on Monday as sluggish demand in physical market and hopes cane yields will rise due to conducive monsoon rains put pressure on prices, analysts said. India's annual monsoon rains hit the country's southern coast on Saturday, mor

Dates of despatch of dividend warrants and bonus share certificates.

Oil prices fell towards $61 a barrel on Monday ahead of Opec's meeting in Vienna, where the group was widely expected to agree to hold output steady. News Nigerian militants breached an oil pipeline in the Niger Delta failed to push prices higher. US ener

Mutual Funds Association has issued open-end funds daily prices for Monday (25 May 2009)

Russian grain prices rose last week as supply tightened and demand from exporters stayed high, analysts said on Monday. Domestic wheat prices have risen substantially due to a supply shortage, caused partly by the accumulation of grain in government inter

Mutual Funds Association has issued open-end funds daily prices for Monday (25 May 2009)

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Mutual Funds Association has issued open-end funds daily prices for Monday (25 May 2009)

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Odd Lot Market Rates on Monday (May 25, 2009).

'Pakistan will receive a supply of over 750 million cubic feet gas a day during the ensuing period of 25 years, after laying of 1000 kilometre long pipelines in Pakistan and 1100 kilometre in Iran.' Hailing the gas sale and purchase agreement between Isla

Odd Lot Market Rates on Monday (May 25, 2009).

The Pakistan Agricultural Storage and Services Corporation (Passco) has asked the Federal government to help it arranging the additional Rs 14 billion to buy the 0.5 million tons of wheat, which has recently been added to its procurement target by the Min

Odd Lot Market Rates on Monday (May 25, 2009).

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to ''''D/E'''' from ''''D'''', and affirmed its support rating at ''''5''''. Concurrently, the agency has also affirmed

The following were the revised rates of debt securities on Monday (May 25, 2009).

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to ''D/E'' from ''D'', and affirmed its support rating at ''5''. Concurrently, the agency has also affirmed the ratings

The following were the revised rates of debt securities on Monday (May 25, 2009).

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to 'D/E' from 'D', and affirmed its support rating at '5'. Concurrently, the agency has also affirmed the ratings of th

The following were the revised rates of debt securities on Monday (May 25, 2009).

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to 'D/E' from 'D', and affirmed its support rating at '5'. Concurrently, the agency has also affirmed the ratings of th

HBL was the first commercial bank established in Pakistan in 1947. Over the years, the bank has expanded its branch network and has become the largest private sector bank. Its customer base currently exceeds five million. HBL also has a presence in 25 cou

The Finance Ministry will make last-ditch effort to evolve consensus among provinces on levying GST on services and allowing the Centre to have the right of collection, it is learnt. Sources said that another meeting between the Centre and provinces would

HBL was the first commercial bank established in Pakistan in 1947. Over the years, the bank has expanded its branch network and has become the largest private sector bank. Its customer base currently exceeds five million. HBL also has a presence in 25 cou

The Finance Ministry will make last-ditch effort to evolve consensus among provinces on levying GST on services and allowing the Centre to have the right of collection, it is learnt. Sources said that another meeting between the Centre and provinces would

Firmness prevailed on the currency market on Monday as the rupee managed to hold its weekend levels against dollar, marketmen said. On the interbank market the rupee shed one paisa against dollar for buying at 80.40 and fell by two paisa for selling at 80

The federal government is unlikely to allocate funds in the 2009-10 budget for generation of power from Thar coal, in view of severe differences between the federal and provincial government officials regarding control over the bodies responsible for exec

Firmness prevailed on the currency market on Monday as the rupee managed to hold its weekend levels against dollar, marketmen said. On the interbank market the rupee shed one paisa against dollar for buying at 80.40 and fell by two paisa for selling at 80

The federal government is unlikely to allocate funds in the 2009-10 budget for generation of power from Thar coal, in view of severe differences between the federal and provincial government officials regarding control over the bodies responsible for exec

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 25, 2009).

The federal government is unlikely to allocate funds in the 2009-10 budget for generation of power from Thar coal, in view of severe differences between the federal and provincial government officials regarding control over the bodies responsible for exec

Interbank closing rates for dollar on Monday (May 25, 2009).

Pakistan produced an average 66,000 barrels per day (bpd) of crude oil during the first ten months of the ongoing fiscal (Jul-Apr 2009), five percent less than the previous year's 10-month average output of 70,000 bpd. On the other hand, gas production re

Dollar buying and selling rate in the kerb market in rupees on Monday (May 25, 2009).

India's home minister said on Monday Pakistan had been given enough evidence to prosecute those behind last November's attack in Mumbai that killed 166 people and led to renewed tensions between the nuclear-armed rivals. Palaniappan Chidambaram's comments

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 25, 2009).

India's home minister said on Monday Pakistan had been given enough evidence to prosecute those behind last November's attack in Mumbai that killed 166 people and led to renewed tensions between the nuclear-armed rivals. Palaniappan Chidambaram's comments

Pakistan Economic Indicators - May 25 2009

India on Monday took delivery of its first Airborne Warning and Control System (AWACS) plane, as part of a deal with Israel worth more than one billion dollars, officials said. The delivery is seen as part of India's quest for air dominance over arch riva

National Commodity Exchange Limited Trading Summary on Monday (May 25, 2009).

India on Monday took delivery of its first Airborne Warning and Control System (AWACS) plane, as part of a deal with Israel worth more than one billion dollars, officials said. The delivery is seen as part of India's quest for air dominance over arch riva

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

The Finance Ministry will make last-ditch effort to evolve consensus among provinces on levying GST on services and allowing the Centre to have the right of collection, it is learnt. Sources said that another meeting between the Centre and provinces would

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Pakistan produced an average 66,000 barrels per day (bpd) of crude oil during the first ten months of the ongoing fiscal (Jul-Apr 2009), five percent less than the previous year''s 10-month average output of 70,000 bpd. On the other hand, gas production r

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Pakistan produced an average 66,000 barrels per day (bpd) of crude oil during the first ten months of the ongoing fiscal (Jul-Apr 2009), five percent less than the previous year's 10-month average output of 70,000 bpd. On the other hand, gas production re

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Electronic Banking (e-Banking) is flourishing in the country, as it posted 11.4 percent growth in the third quarter of current fiscal year due to its convenience and safe transaction. A large number of banking consumers are diverting toward the e-Banking

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Electronic Banking (e-Banking) is flourishing in the country, as it posted 11.4 percent growth in the third quarter of current fiscal year due to its convenience and safe transaction. A large number of banking consumers are diverting toward the e-Banking

Chemicals and dyes market rates in rupees on Monday (May 25, 2009).

Electronic Banking (e-Banking) is flourishing in the country, as it posted 11.4 percent growth in the third quarter of current fiscal year due to its convenience and safe transaction. A large number of banking consumers are diverting toward the e-Banking

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Muslim countries meeting in the Syrian capital criticised Israel on Monday but said they were open to better ties with the Jewish state if it took steps towards a "just and comprehensive" Middle East peace deal. "We must not reward Israel for its crimes,"

Karachi grain market rates in rupees on Monday (May 25, 2009).

Pakistan Muslim League-Nawaz Quaid and former Prime Minister on Monday said that 'Doors of Punjab are open for Swat affectees extending help to Swat affectees is our national obligation and the affectees can settle in Punjab happily, if they desire to do

Karachi Plastic/Urea Moulding Compounds Rates on Monday (May 25, 2009).

Pakistan Muslim League-Nawaz Quaid and former Prime Minister on Monday said that 'Doors of Punjab are open for Swat affectees extending help to Swat affectees is our national obligation and the affectees can settle in Punjab happily, if they desire to do

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Pakistan Muslim League (Nawaz) Quaid Mohammad Nawaz Sharif said on Monday that the US drone attacks were spreading hatred apart from proving counter productive in war against terror. He said this while taking to a five-member delegation of US Senators, wh

Paper market rates in rupees on Monday (May 25, 2009).

European Central Bank staff, angry at planned changes to pension and employment benefits, have called their first ever strike on June 3, the day of the bank''s next interest rate decision. The walkout will see disgruntled workers gather around the giant n

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 25, 2009).

European Central Bank staff, angry at planned changes to pension and employment benefits, have called their first ever strike on June 3, the day of the bank's next interest rate decision. The walkout will see disgruntled workers gather around the giant ne

Cotton yarn rates in rupees per 10 Lbs on Monday (May 25, 2009).

European Central Bank staff, angry at planned changes to pension and employment benefits, have called their first ever strike on June 3, the day of the bank's next interest rate decision. The walkout will see disgruntled workers gather around the giant ne

Cotton yarn rates in rupees per 10 Lbs on Monday (May 25, 2009).