AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)
May 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-11-17
Tokyo rubber futures rise

Tokyo rubber futures rise

Tokyo rubber futures bounced back on Monday, climbing almost 2 percent to a fresh 13-month high near 240 yen on tight domestic stocks and lower physical supplies. The key Tokyo Commodity Exchange rubber contract for April delivery was at 238.3 yen per kg
Published 17 Nov, 2009 12:00am
Malaysian palm oil hits 11-week high

Malaysian palm oil hits 11-week high

Malaysian crude palm oil futures rose 2.1 percent on Monday to an 11-week closing high supported by strong exports in the first fifteen days of November and a jump in crude oil prices, traders said. The rise in exports, coupled with a disruption to produc
Published 17 Nov, 2009 12:00am
SNGPL gets 170 mmcfd more gas from two fields

SNGPL gets 170 mmcfd more gas from two fields

Sui Northern Gas Pipeline Limited (SNGPL) has received 170 mmcfd additional gas from two gasfields, including Manzalai, enabling it to avoid prevailing gas loadshedding at present. During December-February, the SNGPL system faces severe crisis of gas shor
Published 17 Nov, 2009 12:00am
Malaysian tin ends flat

Malaysian tin ends flat

Malaysian tin was unchanged on Monday in cautious trade, with sellers emerging to offset the positive lead from the London Metal Exchange (LME), one dealer said.
Published 17 Nov, 2009 12:00am
SNGPL gets 170 mmcfd more gas from two fields

SNGPL gets 170 mmcfd more gas from two fields

Sui Northern Gas Pipeline Limited (SNGPL) has received 170 mmcfd additional gas from two gasfields, including Manzalai, enabling it to avoid prevailing gas loadshedding at present. During December-February, the SNGPL system faces severe crisis of gas shor
Published 17 Nov, 2009 12:00am
Asian physical rubber prices

Asian physical rubber prices

Asian physical rubber prices rose on Monday, reflecting gains in the Tokyo futures market. A trader based in Thailand said it was not clear whether Chinese buyers would be in the market given the high prices. Last week, Chinese users bought Indonesia's SI
Published 17 Nov, 2009 12:00am
SNGPL gets 170 mmcfd more gas from two fields

SNGPL gets 170 mmcfd more gas from two fields

Sui Northern Gas Pipeline Limited (SNGPL) has received 170 mmcfd additional gas from two gasfields, including Manzalai, enabling it to avoid prevailing gas loadshedding at present. During December-February, the SNGPL system faces severe crisis of gas shor
Published 17 Nov, 2009 12:00am
Manila sets rice tender, eyes 1.2 million tonnes of imports

Manila sets rice tender, eyes 1.2 million tonnes of imports

The Philippines will hold a tender for 600,000 tonnes of rice on December 8, the country's state grain agency said on Monday, taking imports to 1.2 million tonnes in its most ambitious purchase plan in a single week. The world's biggest rice buyer has tur
Published 17 Nov, 2009 12:00am
Qadirpur on the verge of collapse?

Qadirpur on the verge of collapse?

More than 55 percent of OGDCL''s gas production is from a single field - Qadirpur. At present the nation is facing a desperate shortage of gas. The field which has been supplying over 550 mmcf of gas is virtually on the brink of collapse because of the gr
Published 17 Nov, 2009 12:00am
Eurozone prices fall on food, fuel

Eurozone prices fall on food, fuel

Cheaper food and fuel pulled down the eurozone consumer price index in October for a fifth month running in annual terms, data confirmed on Monday, but inflation is expected to return in November. Prices in the 16-country area rose 0.2 percent last month
Published 17 Nov, 2009 12:00am
Qadirpur on the verge of collapse?

Qadirpur on the verge of collapse?

More than 55 percent of OGDCL's gas production is from a single field - Qadirpur. At present the nation is facing a desperate shortage of gas. The field which has been supplying over 550 mmcf of gas is virtually on the brink of collapse because of the gre
Published 17 Nov, 2009 12:00am
Japan's extra stimulus likely, GDP fails to convince

Japan's extra stimulus likely, GDP fails to convince

Japan's government inched toward agreeing new stimulus measures that could be worth $30 billion on Monday as economic growth is likely to slow next year due to sluggish personal spending and rising inventories. Economists doubt whether that amount will be
Published 17 Nov, 2009 12:00am
Qadirpur on the verge of collapse?

Qadirpur on the verge of collapse?

More than 55 percent of OGDCL's gas production is from a single field - Qadirpur. At present the nation is facing a desperate shortage of gas. The field which has been supplying over 550 mmcf of gas is virtually on the brink of collapse because of the gre
Published 17 Nov, 2009 12:00am
US retail sales rise faster than expected in October

US retail sales rise faster than expected in October

US retail sales grew more than expected last month as vehicle purchases bounced back from a deep slump, but non-auto sales edged up just slightly, suggesting consumers remain cautious. Other data on Monday showed New York state manufacturing activity slow
Published 17 Nov, 2009 12:00am
Los Angeles Times report claims CIA offers bounties to ISI

Los Angeles Times report claims CIA offers bounties to ISI

The CIA provides hundreds of millions of dollars to Pakistan's spy service, including payments for the capture or killing of wanted militants, a US newspaper alleged, citing unnamed officials and former officials. The CIA's financial support accounts for
Published 17 Nov, 2009 12:00am
Russia, EU sign memo on energy supply early warning

Russia, EU sign memo on energy supply early warning

The European Union and Russia on Monday agreed to an "early warning" mechanism to shield Europe from potential energy supply cuts and protect consumers in the event of a repeat of last year's Russia-Ukraine gas dispute. The agreement requires both sides t
Published 17 Nov, 2009 12:00am
Los Angeles Times report claims CIA offers bounties to ISI

Los Angeles Times report claims CIA offers bounties to ISI

The CIA provides hundreds of millions of dollars to Pakistan's spy service, including payments for the capture or killing of wanted militants, a US newspaper alleged, citing unnamed officials and former officials. The CIA's financial support accounts for
Published 17 Nov, 2009 12:00am
US credit card defaults fall

US credit card defaults fall

US credit card defaults fell more than expected in October, but delinquencies rose in a sign that consumers remain under stress and the sector can expect more pain ahead, credit card companies reported on Monday. The drop in defaults reflects a decline in
Published 17 Nov, 2009 12:00am
Healthy signs seen on ISE

Healthy signs seen on ISE

Equities showed healthy signs under the lead of hot favourite at the Islamabad Stock Exchange (ISE) amid increase in index. ISE Ten Index showed an improvement of 69.55 points as the ISE Ten Index moved from 2,081.29 to 2,150.84 points. The volume of trad
Published 17 Nov, 2009 12:00am
Finnair pilots' strike strands thousands of passengers

Finnair pilots' strike strands thousands of passengers

Helsinki's main airport was almost deserted on Monday as a Finnair pilots' strike stranded thousands of passengers and forced them to reschedule their flights. The Finnish airline pilots association SLL went on strike Monday at 0:01 am (2201 GMT on Sunday
Published 17 Nov, 2009 12:00am
Healthy signs seen on ISE

Healthy signs seen on ISE

Equities showed healthy signs under the lead of hot favourite at the Islamabad Stock Exchange (ISE) amid increase in index. ISE Ten Index showed an improvement of 69.55 points as the ISE Ten Index moved from 2,081.29 to 2,150.84 points. The volume of trad
Published 17 Nov, 2009 12:00am
Dubai Airshow fails to produce big aircraft orders

Dubai Airshow fails to produce big aircraft orders

An outline contract agreed on Monday for the supply of 10 Airbus A320 aircraft to Yemen's national carrier is among the few highlights of this year's Dubai Airshow, noticeable for its lack of big deals. The organisers' hopes of beating the 155.5 billion d
Published 17 Nov, 2009 12:00am
'We were not taken onboard'

'We were not taken onboard'

The leaders of Balochistan nationalist parties said that the government had not taken them onboard on the proposed "Balochistan Package." Prior to the meeting with the Prime Minister on Monday Senators of Balochistan Nationalist parties have confirmed tha
Published 17 Nov, 2009 12:00am
'We were not taken onboard'

'We were not taken onboard'

The leaders of Balochistan nationalist parties said that the government had not taken them onboard on the proposed "Balochistan Package." Prior to the meeting with the Prime Minister on Monday Senators of Balochistan Nationalist parties have confirmed tha
Published 17 Nov, 2009 12:00am
Prime Minister holds detailed meeting with Balochistan leaders

Prime Minister holds detailed meeting with Balochistan leaders

Prime Minister Syed Yousuf Raza Gilani on Monday held a detailed meeting with Governor Balochistan, Nawab Zulfiqar Ali Magsi, Chief Minister, Nawab Muhammad Aslam Raeesani, Senators as well as MNAs and Members of the Balochistan Cabinet on Monday and took
Published 17 Nov, 2009 12:00am
Brazil October job creation a record for month

Brazil October job creation a record for month

Brazil's economy added the largest ever number of jobs for the month of October last month, the labour ministry said on Monday, in the latest sign of a strong recovery in Latin America's largest economy. Brazil's economy added 230,956 payroll jobs in Octo
Published 17 Nov, 2009 12:00am
Prime Minister holds detailed meeting with Balochistan leaders

Prime Minister holds detailed meeting with Balochistan leaders

Prime Minister Syed Yousuf Raza Gilani on Monday held a detailed meeting with Governor Balochistan, Nawab Zulfiqar Ali Magsi, Chief Minister, Nawab Muhammad Aslam Raeesani, Senators as well as MNAs and Members of the Balochistan Cabinet on Monday and took
Published 17 Nov, 2009 12:00am
Steel makers ask EU to block mining deal

Steel makers ask EU to block mining deal

European steel makers called Monday on EU antitrust regulators to block a joint venture between the world's No 2 and No 3 iron ore miners, BHP Billiton Ltd and Rio Tinto PLC, that they claimed could hike prices for iron ore. Eurofer - which represents Arc
Published 17 Nov, 2009 12:00am
Opec president says too early for output decision

Opec president says too early for output decision

Opec president Jose Botelho de Vasconcelos said on Monday it was still too early for the oil exporters' group to make a decision on production changes before its December meeting, as the market remained oversupplied. The Organisation of the Petroleum Expo
Published 17 Nov, 2009 12:00am
India's fraud office to prosecute Satyam founder

India's fraud office to prosecute Satyam founder

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday. Satyam's founder B. Ramalinga Raju stunned India's financia
Published 17 Nov, 2009 12:00am
Michelin to invest $867 million in Indian tyre plant

Michelin to invest $867 million in Indian tyre plant

French tyre maker Michelin announced Monday plans to invest nearly 900 million dollars to build a plant to supply tyres to India's fast-growing vehicle market. The plant will make radial truck and bus tyres and mainly target the country's domestic market,
Published 17 Nov, 2009 12:00am
Russia's central bank to tighten collateral-free loan rules

Russia's central bank to tighten collateral-free loan rules

Russia's central bank said on Monday it would tighten the rules for collateral-free lending, as part of an earlier-announced move to reduce the use of such loans now that the banking system is looking healthier. "We have made the rules more strict, by red
Published 17 Nov, 2009 12:00am
26 percent hike in gas tariff recommended

26 percent hike in gas tariff recommended

Chairman Oil and Gas Regulatory Authority (Ogra) Tuqeer Sadiq has recommended 26 percent increase in natural gas tariff from first January 2010. He announced the decision, after public hearing of a petition filed by Sui Northern Gas Pipeline Limited (SNGP
Published 17 Nov, 2009 12:00am
Private banks flourish amid Iraq's chaos

Private banks flourish amid Iraq's chaos

Privately-owned banks are flourishing in Iraq as lower violence and increasing savviness among Iraqi bankers fuel a lending boom, US officials and Iraqi banking executives say. Iraq's tiny banking sector is dominated by two of seven state-owned banks whic
Published 17 Nov, 2009 12:00am
26 percent hike in gas tariff recommended

26 percent hike in gas tariff recommended

Chairman Oil and Gas Regulatory Authority (Ogra) Tuqeer Sadiq has recommended 26 percent increase in natural gas tariff from first January 2010. He announced the decision, after public hearing of a petition filed by Sui Northern Gas Pipeline Limited (SNGP
Published 17 Nov, 2009 12:00am
ECB's Noyer doubts policy played big role in causing crisis

ECB's Noyer doubts policy played big role in causing crisis

ECB governing council member Christian Noyer said on Monday he did not believe monetary policy played a central role in causing the global financial crisis, and that price stability should remain the main objective of central banks. "While I doubt very mu
Published 17 Nov, 2009 12:00am
26 percent hike in gas tariff recommended

26 percent hike in gas tariff recommended

Chairman Oil and Gas Regulatory Authority (Ogra) Tuqeer Sadiq has recommended 26 percent increase in natural gas tariff from first January 2010. He announced the decision, after public hearing of a petition filed by Sui Northern Gas Pipeline Limited (SNGP
Published 17 Nov, 2009 12:00am
Swiss bank UBS gains on report of big job cuts

Swiss bank UBS gains on report of big job cuts

Shares in Swiss banking giant UBS rose on Monday a day before management was due to announce another 2,500 job cuts and outline its strategy to investors, according to a Swiss newspaper. At 9.54 am (0854 GMT), the stock was up 2.28 percent at 17.49 francs
Published 17 Nov, 2009 12:00am
FAO chief laments Hunger Summit''s lack of concrete targets

FAO chief laments Hunger Summit''s lack of concrete targets

The head of the UN food agency, Jacques Diouf, on Monday lamented the absence of concrete targets from a final declaration issued by the Hunger Summit in Rome. "I am not satisfied with the fact that there is no commitment regarding the calendar, amounts a
Published 17 Nov, 2009 12:00am
Swiss bank UBS gains on report of big job cuts

Swiss bank UBS gains on report of big job cuts

Shares in Swiss banking giant UBS rose on Monday a day before management was due to announce another 2,500 job cuts and outline its strategy to investors, according to a Swiss newspaper. At 9.54 am (0854 GMT), the stock was up 2.28 percent at 17.49 francs
Published 17 Nov, 2009 12:00am
FAO chief laments Hunger Summit's lack of concrete targets

FAO chief laments Hunger Summit's lack of concrete targets

The head of the UN food agency, Jacques Diouf, on Monday lamented the absence of concrete targets from a final declaration issued by the Hunger Summit in Rome. "I am not satisfied with the fact that there is no commitment regarding the calendar, amounts a
Published 17 Nov, 2009 12:00am
Rail fares to rise in UK

Rail fares to rise in UK

Rail fares will rise by an average of 1.1 percent in January, below the rate of inflation and the lowest increase since privatisation, the train operating body said on Monday. The Association of Train Operating Companies (ATOC) said the fare increase will
Published 17 Nov, 2009 12:00am
FAO chief laments Hunger Summit's lack of concrete targets

FAO chief laments Hunger Summit's lack of concrete targets

The head of the UN food agency, Jacques Diouf, on Monday lamented the absence of concrete targets from a final declaration issued by the Hunger Summit in Rome. "I am not satisfied with the fact that there is no commitment regarding the calendar, amounts a
Published 17 Nov, 2009 12:00am
Drought forces Somali farmers into town

Drought forces Somali farmers into town

Somali livestock farmers who have converged massively on the port of Berbera after losing all their animals said that this year's drought is the worst in ten years. "We were in a drought for the past six months. It was very severe. We lost 50 percent of a
Published 17 Nov, 2009 12:00am
Nuclear pact, trade dominate agenda for India-Canada talks

Nuclear pact, trade dominate agenda for India-Canada talks

Co-operation on nuclear energy and boosting trade and investment top the agenda for Canadian Prime Minister Stephen Harper who began his India visit Monday, officials said. The Canadian leader who arrived in the western city of Mumbai late Sunday is sched
Published 17 Nov, 2009 12:00am
Iran's oil revenue fund had $23.3 billion in 2006

Iran's oil revenue fund had $23.3 billion in 2006

Iran's Oil Stabilisation Fund had $23.3 billion in 2006, a 142 percent rise on the previous year, a state news agency said on Monday. The fund grew by an average 25 percent a year since it was set up in 2000, ISNA said, barring a drop in 2001. It said the
Published 17 Nov, 2009 12:00am
Kazakhstan's GDP down 2.2 percent

Kazakhstan's GDP down 2.2 percent

Kazakhstan's economy shrank 2.2 percent year-on-year in the first nine months of 2009 but officials stuck by a forecast for minimal growth in the year as a whole. The global crisis has threatened to end a decade of growth in the oil-producing former Sovie
Published 17 Nov, 2009 12:00am
Singapore main stocks index jumps

Singapore main stocks index jumps

Singapore shares closed 2.08 percent higher Monday, their highest level in 15 months, led by banking and property stocks, dealers said. The blue chip Straits Times Index rose 56.62 points to 2,783.85, its highest close since August 15, 2008. Volume was 1.
Published 17 Nov, 2009 12:00am
Taiwan shares end at highest level in 2009

Taiwan shares end at highest level in 2009

Taiwan shares prices closed up 1.66 percent Monday to hit the highest level this year, led by large-cap electronic stocks after flat-panel monitor maker Innolux Display announced a major acquisition, dealers said. The weighted index rose 127.05 points to
Published 17 Nov, 2009 12:00am
Hong Kong shares end at 16-month high; Chinese stocks rise

Hong Kong shares end at 16-month high; Chinese stocks rise

Hong Kong and China stocks were higher on Monday as abundant liquidity and expectations of yuan appreciation on the visit of US President Barack Obama to the mainland, fuelled buying for yuan-related assets. Hong Kong shares rose 1.73 percent for a second
Published 17 Nov, 2009 12:00am
Japanese government bonds rise

Japanese government bonds rise

Japanese government bonds edged higher on Monday and the yield curve flattened as Tokyo stocks struggled to capitalise on supportive factors, although the rise in debt prices was limited by profit taking following last week's sharp gains. The JGB market t
Published 17 Nov, 2009 12:00am
Japanese government bonds rise

Japanese government bonds rise

Japanese government bonds edged higher on Monday and the yield curve flattened as Tokyo stocks struggled to capitalise on supportive factors, although the rise in debt prices was limited by profit taking following last week's sharp gains. The JGB market t
Published 17 Nov, 2009 12:00am
Australian shares higher

Australian shares higher

Australian share prices rose 1.04 percent on Monday, following US and regional markets higher and boosted by strong Japanese growth figures, dealers said. The benchmark S&P/ASX 200 gained 48.8 points to 4,755.2 while the broader All Ordinaries closed up 5
Published 17 Nov, 2009 12:00am
Dubai's $10 billion bonds tranche to be issued

Dubai's $10 billion bonds tranche to be issued

The second tranche of Dubai's $20 billion bond programme will be issued by the end of the year, a member of Dubai's financial crisis committee said on Monday. Dubai sold $10 billion of bonds to the United Arab Emirates central bank earlier this year to ra
Published 17 Nov, 2009 12:00am
Dubai's $10 billion bonds tranche to be issued

Dubai's $10 billion bonds tranche to be issued

The second tranche of Dubai's $20 billion bond programme will be issued by the end of the year, a member of Dubai's financial crisis committee said on Monday. Dubai sold $10 billion of bonds to the United Arab Emirates central bank earlier this year to ra
Published 17 Nov, 2009 12:00am
Thai share prices surge

Thai share prices surge

The Thai stock market rose 1.21 percent Monday on bargain hunting after the dollar weakened further, an analyst said. The Stock Exchange of Thailand (SET) composite index gained 8.42 points to close at 706.75 points and the blue chip SET-50 index was up 7
Published 17 Nov, 2009 12:00am
Asian debt spreads narrow

Asian debt spreads narrow

Asian debt spreads narrowed on Monday as upbeat economic data lifted sentiment on the region's stocks and bonds, but the Philippines underperformed on worries about the widening budget deficit. The Asia ex-Japan iTraxx investment-grade index narrowed to 1
Published 17 Nov, 2009 12:00am
Asian debt spreads narrow

Asian debt spreads narrow

Asian debt spreads narrowed on Monday as upbeat economic data lifted sentiment on the region's stocks and bonds, but the Philippines underperformed on worries about the widening budget deficit. The Asia ex-Japan iTraxx investment-grade index narrowed to 1
Published 17 Nov, 2009 12:00am
IPO, sale lead Seoul shares higher

IPO, sale lead Seoul shares higher

Seoul shares rose 1.3 percent on Monday, extending gains after a slow start as the news of Samsung Life's IPO and strong prospects for the sale of Daewoo Engineering boosted shares of their stakeholders. Retail and construction shares rose while select te
Published 17 Nov, 2009 12:00am
Jakarta shares soar

Jakarta shares soar

Indonesian shares closed 1.73 percent higher Monday, led by foreign buying in commodities, banks and consumer stocks, dealers said. The Jakarta Composite Index gained 41.87 points to 2,468.67. Dealers said a firmer rupiah and buying across Asian markets p
Published 17 Nov, 2009 12:00am
New Zealand share prices gain

New Zealand share prices gain

New Zealand share prices closed 0.50 percent higher Monday, in quiet trading following gains in US stocks at the end of last week, dealers said. The benchmark NZX-50 index rose 15.82 points to 3,173.97 on turnover worth 118.2 million dollars (87.8 million
Published 17 Nov, 2009 12:00am
Malaysian shares slightly rise

Malaysian shares slightly rise

Malaysian shares ended 0.58 percent higher Monday due to buying interest in banks, plantation and construction stocks. The Kuala Lumpur Composite Index gained 7.35 points to close at 1,278.31. Investors took their cue from Wall Street's rise Friday, coupl
Published 17 Nov, 2009 12:00am
Nikkei average edges up

Nikkei average edges up

Japan's Nikkei stock average rose 0.2 percent on Monday, buoyed by retailers and other defensive shares, but weighed by banks and companies including Hitachi Ltd that sank on fundraising concerns. Hitachi, Japan's biggest electronics firm by sales, will r
Published 17 Nov, 2009 12:00am
Yuan appreciation intact

Yuan appreciation intact

Offshore markets kept their bets firmly on hefty yuan appreciation against the dollar in the long run amid US President Barack Obama's visit to China on Monday, despite a small technical correction, dealers said. The market ignored Sino-US discord, which
Published 17 Nov, 2009 12:00am
Dollar down, euro up

Dollar down, euro up

The dollar drifted lower on Monday and the euro edged up as rhetoric over China's yuan currency policy increased, although market speculation of any near-term yuan appreciation receded. The United States and China sparred over exchange rates at a meeting
Published 17 Nov, 2009 12:00am
Bangladesh interbank forex and interest rates

Bangladesh interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 69.05/69.06 (previous 69.06/69.07). Call Money Rates: 2.75-7.50 percent (previous 2.75-7.50 percent).
Published 17 Nov, 2009 12:00am
Swiss franc edges higher

Swiss franc edges higher

The Swiss franc edged higher against the euro on Monday, again approaching territory where the Swiss National Bank (SNB) might intervene to weaken the currency. Traders have been keeping a close eye on any sign of SNB intervention in foreign exchance mark
Published 17 Nov, 2009 12:00am
Asian currencies firm

Asian currencies firm

The Malaysian ringgit and Philippine peso rose against a broadly weaker dollar on Monday, while the Indian rupee continued strengthening in both offshore and onshore markets. The dollar drifted lower against a backdrop of verbal sparring between the Unite
Published 17 Nov, 2009 12:00am
Australian dollar near 15-month high

Australian dollar near 15-month high

The Australian dollar held near 15-month highs on Monday, supported by a struggling US dollar, record high gold prices and gains in regional stock markets. The Aussie stood at $0.9348, up nearly a cent from the $0.9255 late on Friday and within sight of a
Published 17 Nov, 2009 12:00am
Hong Kong dollar remains strong

Hong Kong dollar remains strong

The Hong Kong dollar continued to hover at the top of its trading band against the US dollar on Monday, despite repeated intervention by the city's central bank over the past few weeks to stem a rise in the local currency, as money poured into the territo
Published 17 Nov, 2009 12:00am
Ivorian cocoa arrivals seen rising

Ivorian cocoa arrivals seen rising

Cocoa arrivals at ports in top grower Ivory Coast reached around 256,000 tonnes by November 15, exporters estimated on Monday, compared with 161,554 tonnes in the same period of the previous season. Exporters estimated around 48,000 tonnes of beans were d
Published 17 Nov, 2009 12:00am
Shipping on Rhine and Danube hindered

Shipping on Rhine and Danube hindered

Water levels on the Rhine and Danube remain at recent low levels and ships must sail partly-loaded on the German sections of both rivers, traders said on Monday. Rain in river catchment areas in western Germany and Switzerland was only moderate in recent
Published 17 Nov, 2009 12:00am
Turkey sells wheat, durum and barley

Turkey sells wheat, durum and barley

The Turkish state grain board TMO has sold 100,000 tonnes of red milling wheat, 75,000 tonnes of white milling wheat, 100,000 tonnes of white feed barley, 25,000 tonnes of durum wheat and 25,000 tonnes of white feed wheat in an export tender, European tra
Published 17 Nov, 2009 12:00am
India's vegetable oil imports jump 37 percent

India's vegetable oil imports jump 37 percent

India's vegetable oil imports surged 37 percent to a record in 2008/09, fuelled by higher consumption and low taxes, but imports in October, the last month of the oil year, dipped as expected. India, the world's top vegetable oil buyer, imported 8.7 milli
Published 17 Nov, 2009 12:00am
US Midwest corn weaker, soya firm

US Midwest corn weaker, soya firm

Spot basis bids for corn were weaker in the US Midwest on Monday as farmers wrapped up the soyabean harvest and began bringing in more corn, dealers said. Soyabean basis steady to firm; some crushers firmed their bids to draw out fresh supplies and get ca
Published 17 Nov, 2009 12:00am
Russia harvests 103 million tonnes of grain so far

Russia harvests 103 million tonnes of grain so far

Russia had harvested some 103 million tonnes of grain by bunker weight so far, with the harvesting campaign practically finished, the country's Agriculture Minister Yelena Skrynnik said on Monday. "The clean weight figure has yet to be calculated," she to
Published 17 Nov, 2009 12:00am
CIF Gulf corn bids fall, soya mixed

CIF Gulf corn bids fall, soya mixed

Basis bids for corn shipped by barge to the US Gulf were weak Monday, pressured by good supplies amid an advancing harvest and lackluster demand, while the soyabean basis was mixed, traders said. Wheat basis was steady amid slow demand and slow movement.
Published 17 Nov, 2009 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 219,333 tonnes of cargo including 147,556 tonnes import and 71,777 tonnes export cargo including 5,692 empty and loaded containers during last 48 hours ending at 0700 hours on Monday. The cargo comprised of 184,133 tonnes dry carg
Published 17 Nov, 2009 12:00am
Sudanese hosts brace for crunch Algeria-Egypt tie

Sudanese hosts brace for crunch Algeria-Egypt tie

Sudan braced for an influx of Algerian and Egyptian fans on Monday for this week's crunch World Cup qualification play-off as fears of trouble mounted after disturbances in Algeria that drew an Egyptian protest. Police deployed in numbers when the two squ
Published 17 Nov, 2009 12:00am
Wie claims first LPGA Tour title

Wie claims first LPGA Tour title

Michelle Wie fulfilled the promise she showed as a golf prodigy Sunday, earning her first LPGA Tour victory at the Lorena Ochoa Invitational. The 20-year-old Korean-American, who turned pro at a precocious 16, fired a three-under par 69 for a two-shot tri
Published 17 Nov, 2009 12:00am
Langer rejoins Australia as batting coach

Langer rejoins Australia as batting coach

Retired opener Justin Langer Monday rejoined Australia's Test outfit as a batting coach and mentor, describing the role as an "apprenticeship". Langer, who retired in September, said he jumped at the chance to work with captain Ricky Ponting and head coac
Published 17 Nov, 2009 12:00am
Nadal and Verdasco back for Spain for Davis Cup final

Nadal and Verdasco back for Spain for Davis Cup final

Top 10 duo Rafael Nadal and Fernando Verdasco have returned to the Spain side for next month's Davis Cup final against Czech Republic, captain Albert Costa said on Monday. David Ferrer and Feliciano Lopez complete the four-man team for the December 4-6 ti
Published 17 Nov, 2009 12:00am
Mexican striker De Nigris dies

Mexican striker De Nigris dies

Mexican striker Antonio De Nigris who played for Greek first division club Larissa has died of a suspected heart attack, the club announced on Monday. The official cause of death will be announced by the General University Hospital of Larissa following an
Published 17 Nov, 2009 12:00am
Japan pick 'lucky town' as World Cup base camp

Japan pick 'lucky town' as World Cup base camp

Japan's national football team has picked a happy hunting ground as its base camp for next year's World Cup finals in South Africa, press reports said Monday. They will be lodged at a plush golf resort in George where Japan's Ai Miyazato and Rui Kitada wo
Published 17 Nov, 2009 12:00am
Vettori cleared for Pakistan Tests

Vettori cleared for Pakistan Tests

New Zealand's hopes for the three-Test series against Pakistan have been boosted by news Monday that captain Daniel Vettori has been cleared of injury fears. Vettori suffered a mild concussion in the one-day series against Pakistan in Abu Dhabi and did no
Published 17 Nov, 2009 12:00am
Dravid, Dhoni tons rescue tottering India

Dravid, Dhoni tons rescue tottering India

Rahul Dravid and Mahendra Singh Dhoni hit centuries as India brushed aside a stunning start by Sri Lanka's new-look pace attack in the first Test here on Monday. Left-arm seamer Chanaka Welegedara grabbed three wickets in his first four overs and Dammika
Published 17 Nov, 2009 12:00am
Mercedes take over Formula One champions Brawn

Mercedes take over Formula One champions Brawn

Formula One champions Brawn will compete as Mercedes Grand Prix next season after the German carmaker announced a takeover on Monday along with the sale of their stake in McLaren. Daimler chairman Dieter Zetsche, whose company owns Mercedes, said Ross Bra
Published 17 Nov, 2009 12:00am
Georgia sends first troops to Afghanistan

Georgia sends first troops to Afghanistan

The ex-Soviet republic of Georgia sent its first troops to Afghanistan on Monday to join Nato-led counter-insurgency operations, the Georgian defence ministry said. "A company, 173 troops, of the Second Infantry Brigade will be sent Monday to Afghanistan
Published 17 Nov, 2009 12:00am
12 Afghans dead in attack targeting French general

12 Afghans dead in attack targeting French general

Insurgents fired two rockets Monday into a crowded market north-east of Kabul where the head of French forces in Afghanistan was holding a meeting with tribal elders. The attack killed 12 Afghan civilians and wounded at least another 38, the French milita
Published 17 Nov, 2009 12:00am
UK offers to host Afghanistan conference in January

UK offers to host Afghanistan conference in January

Britain has offered to host an international conference in January to set a timetable for transferring security responsibilities to Afghan forces from next year, Prime Minister Gordon Brown said on Monday. The bloodiest year for British troops in Afghanis
Published 17 Nov, 2009 12:00am
UN Hunger Summit vows 'urgent action' but no new money

UN Hunger Summit vows 'urgent action' but no new money

The UN Hunger Summit on Monday vowed "urgent action" to combat food shortages but drew fire for failing to pledge new funds or set a timetable to beat the scourge affecting more than one billion people. As Pope Benedict XVI slammed the "greed" of grain sp
Published 17 Nov, 2009 12:00am
Afghanistan forms major crime unit to tackle corruption

Afghanistan forms major crime unit to tackle corruption

The Afghan government announced Monday that it has formed a major crime unit to tackle corruption, in a move seen as bowing to international pressure to fight endemic graft. The unit will work with the US Federal Bureau of Investigation (FBI), Britain's S
Published 17 Nov, 2009 12:00am
Previous Day