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Archive - 2011-02-15
Obama urges Pakistan to free US official
Top News

Obama urges Pakistan to free US official

WASHINGTON: President Barack Obama urged Pakistan Tuesday to free a detained US official, while insisting that he was
Published 15 Feb, 2011 05:51pm
Engro's profit after tax at Rs 6.8 BN
Top News

Engro's profit after tax at Rs 6.8 BN

KARACHI: The Board of Directors of Engro Corporation Limited has announced the achievement of the Company's highest-ev
Published 15 Feb, 2011 04:59pm
Pak links bank guarantee for APTTA
Top News

Pak links bank guarantee for APTTA

ISLAMABAD: Islamabad has asked Kabul for furnishing a bank guarantee under Afghanistan Pakistan Transit Trade Agreement
Published 15 Feb, 2011 04:10pm
LPG prices drop Rs10 per kg
Top News

LPG prices drop Rs10 per kg

LAHORE: The prices of Liquefied Petroleum Gas (LPG) has further come down Rs 10 per Kg and the rate of domestic cylinder
Published 15 Feb, 2011 03:57pm
Inflation soars in Europe, China
Europe

Inflation soars in Europe, China

LONDON: Britain's annual inflation rate hit a two-year high in January, official data showed on Tuesday, as China and Sp
Published 15 Feb, 2011 03:29pm
Chigumbura ton lifts Zimbabwe
Sports

Chigumbura ton lifts Zimbabwe

NAGPUR: Skipper Elton Chigumbura slammed an unbeaten 103 to propel Zimbabwe to a healthy 244-8 in a World Cup warm-up ga
Published 15 Feb, 2011 08:26am
Kerry heads to Pakistan to reaffirm ties
Top News

Kerry heads to Pakistan to reaffirm ties

ISLAMABAD : Senator John Kerry is to visit Pakistan late Tuesday on a mission to resolve a diplomatic row over a US off
Published 15 Feb, 2011 08:02am
Oil prices up in Asia
Energy

Oil prices up in Asia

SINGAPORE: Oil prices climbed in Asian trade Tuesday, bolstered by continued unrest in the Middle East and North Africa
Published 15 Feb, 2011 07:49am
Japanese shares open flat
Financial

Japanese shares open flat

TOKYO: Japanese shares opened flat Tuesday, as investors stayed cautious ahead of the release of Chinese inflation data.
Published 15 Feb, 2011 06:45am
China official backs N. Korea succession
Top News

China official backs N. Korea succession

SEOUL: A senior Chinese official has expressed support for the plan by North Korean leader Kim Jong-Il to hand over powe
Published 15 Feb, 2011 06:36am
ODIs face over-40 blues
Sports

ODIs face over-40 blues

NEW DELHI: When a one-day international was born on January 5, 1971 to entertain, little did the cricket world know it w
Published 15 Feb, 2011 06:04am
Engro grows stronger
BR Research

Engro grows stronger

The announcement of the CY10 annual results by Engro Corporation turned the KSE market green yesterday, which was wearing red for most part
Published 15 Feb, 2011 12:00am
Nestle Pakistan
BR Research

Nestle Pakistan

Driven by the voracious demand for packaged goods and a growing population in Pakistan, revenue for Nestle Pakistan, a subsidiary of worlds
Published 15 Feb, 2011 12:00am
TEVTA to train minority youth in Punjab

TEVTA to train minority youth in Punjab

Punjab Minister for Minorities and Human Rights, Kamran Michael has said the Human Rights and Minorities Affairs Department has signed an agreement with Technical Education Vocational Training Authority (TEVTA) to impart technical and vocational training
Published 15 Feb, 2011 12:00am
The Weather

The Weather

The weather report on Monday (February 14, 2011) and the forecast for Tuesday (February 15, 2011).

Published 15 Feb, 2011 12:00am
Demonstration held in support of Shah Mehmood Qureshi

Demonstration held in support of Shah Mehmood Qureshi

PPP activists on Monday staged a demonstration in front of Multan Press Club to press the party leadership to review its decision and to induct Shah Mehmood Qureshi in the federal cabinet as foreign minister because "he is the suitable person" for this jo
Published 15 Feb, 2011 12:00am
Media coverage of election should be fair

Media coverage of election should be fair

Speakers at a workshop on 'Election Reporting for Media' said that overall aim of media coverage during election campaigns in democratic countries should be fair and objective. A training workshop for journalists on improving local media reporting on loca
Published 15 Feb, 2011 12:00am
FBR's ERS unable to deliver!

FBR's ERS unable to deliver!

The Expeditious Refund System (ERS) of the Federal Board of Revenue (FBR) is unable to pay the sales tax refunds within 1-2 weeks of the filing of claims by the registered exporters since launching of the system in March 2010. Tax experts told Business
Published 15 Feb, 2011 12:00am
'Raymond Davis can't enjoy immunity'

'Raymond Davis can't enjoy immunity'

Additional Secretary General of Pakistan Muslim League (Like-Minded) Mohammad Ayub Khan Khattak has said that there is no immunity in international laws for planned or intended death and Raymand Davis had killed two Pakistanis intentionally so he (Raymond
Published 15 Feb, 2011 12:00am
Healthy environment prerequisite for socio-economic uplift: Ghurki

Healthy environment prerequisite for socio-economic uplift: Ghurki

Healthy environment is pre-requisite for socio-economic development of a country, said Samina Khalid Ghurki Federal Minister for Environment. She expressed these views here on Monday while chairing a meeting after assuming the charge, as the Environment M
Published 15 Feb, 2011 12:00am
POF chief lauds performance of employees

POF chief lauds performance of employees

Chairman POF Board Lieutenant General Shujaat Zamir Dar, HI (M) has extended greetings to the POF employees on the arrival of sacred month of Rabi-ul-Awwal. Appreciating the 1-1/2 year performance of the employees, he announced 1/2 month salary as bonus f
Published 15 Feb, 2011 12:00am
'First FICAC South Asia Consular Conference': Dr Baig leaves for Delhi

'First FICAC South Asia Consular Conference': Dr Baig leaves for Delhi

Dr Mirza Ikhtiar Baig, Dean Consular Corps Sindh and Honorary Consul General of Republic of Yemen left for Delhi, leading 30 members delegation of Karachi and Lahore based Honorary Consuls/Consuls General to attend "First FICAC South Asia Consular Confere
Published 15 Feb, 2011 12:00am
Supreme Court rejects report over appointments in PQA

Supreme Court rejects report over appointments in PQA

The Supreme Court on Monday rejected a report over appointments made in Port Qasim Authority (PQA), during tenure of former ports and shipping minister Babar Khan Ghauri and directed the government to frame proper rules and regulations to run all affairs
Published 15 Feb, 2011 12:00am
Contempt proceedings: Justice Shabbar files intra-court appeal

Contempt proceedings: Justice Shabbar files intra-court appeal

Justice Shabbar Raza Rizvi, a dysfunctional Judge of Lahore High Court (LHC), on Monday filed an intra-court appeal in the Supreme Court to set aside its earlier short order of initiating contempt proceedings against him from February 21.
Published 15 Feb, 2011 12:00am
Babar Awan regrets Rahat's arrest in India

Babar Awan regrets Rahat's arrest in India

Law Minister Babar Awan while regretting the arrest of renowned Pakistani singer Rahat Fateh Ali Khan in India, said that those who were talking of "Aman Ke Asha" were actually sabotaging the campaign to restore peace between the two countries.
Published 15 Feb, 2011 12:00am
Statement on Davis: PTI lashes out at Fauzia Wahab

Statement on Davis: PTI lashes out at Fauzia Wahab

Central Information Secretary of Pakistan Tehreek-e-Insaf (PTI), Omar Sarfraz Cheema has strongly condemned Fauzia Wahab's statement that Raymond Davis enjoys diplomatic immunity. He said that the statement is aimed at preparing ground for handing over of
Published 15 Feb, 2011 12:00am
Bijarani lauds KEPZ performance

Bijarani lauds KEPZ performance

Federal Minister for Industries and Production Mir Hazar Khan Bijarani has said that Karachi Export Processing Zone (KEPZ) is playing a key role in the economic growth of the country. The KEPZ has recorded 45% growth in exports during the month of January
Published 15 Feb, 2011 12:00am
Current rains boost prospects of good wheat crop

Current rains boost prospects of good wheat crop

The current spell of heavy rains would have positive impact especially on wheat crop sown over 8.8 million hectare and would also help boost production of pulses like grams, moong, vegetables alongwith oil seeds cultivated over a large acreage in Sindh pr
Published 15 Feb, 2011 12:00am
Exporters reject ban on gems' movement from Gilgit-Baltistan

Exporters reject ban on gems' movement from Gilgit-Baltistan

All Pakistan Commercial Exporters Association (APCEA) has rejected restrictions on the movement of precious stones from Gilgit Baltistan to other parts of the country and demanded immediate withdrawal of the decision.
Published 15 Feb, 2011 12:00am
Ajmal Khattak true follower of Bacha Khan: Iftikhar

Ajmal Khattak true follower of Bacha Khan: Iftikhar

Khyber Pakhtunkhwa Minister for Information and Culture Mian Iftikhar Hussain has said that the great poet and writer Ajmal Khan Khattak was the true follower of Fakhar-e-Afghan Bacha Khan and he was amongst the founder members of Khudai Khidmatgaar Tehri
Published 15 Feb, 2011 12:00am
'Pashto Literary Jirga' on February 17

'Pashto Literary Jirga' on February 17

The Directorate of Archaeology & Museums, Khyber Pakhtunkhwa in collaboration with Sarhad Tourism Co-operation (STC), is going to arrange "Qalam Pashto Literary Jirga" on Thursday, February 17 at the historic and ancient Tehsil Gor Ghattree, Peshawar.The
Published 15 Feb, 2011 12:00am
Spanish General calls on Chief of Army Staff

Spanish General calls on Chief of Army Staff

Chief of Defence Staff Spanish Armed Forces General Juse Julio Rodriguez Fernandez called on Chief of Army Staff General Ashfaq Parvez Kayani on Monday at General Headquarters on Monday. The visiting dignitary remained with him for some time and discussed
Published 15 Feb, 2011 12:00am
Khyber Pakhtunkhwa working on new industrial policy

Khyber Pakhtunkhwa working on new industrial policy

The provincial government of Khyber Pakhtunkhwa is working on the framing of new industrial policy to promote industrialisation and revive sick industrial units in the province. Speaking in response to a question regarding measures for the revival of the
Published 15 Feb, 2011 12:00am
CDA recovers over 1,000 kanals land

CDA recovers over 1,000 kanals land

Despite strong resistance, Capital Development Authority (CDA) recovered over 1,000 kanals land in first phase of the ongoing operation against land grabbers in the federal capital. Although, the authority faced strong resistance from the illegal occupant
Published 15 Feb, 2011 12:00am
Hafeez meets Malik

Hafeez meets Malik

Federal Minister for Finance Dr Abdul Hafeez Shaikh met Interior Minister Rehman A Malik on Monday. According to sources of the Ministry of Interior, Dr Abdul Hafeez Shaikh remained with the Interior Minister and discussed various matters related to the I
Published 15 Feb, 2011 12:00am
Qadri indicted in assassination case of Salmaan Taseer

Qadri indicted in assassination case of Salmaan Taseer

Anti-Terrorist Court (ATC) on Monday indicted Mumtaz Hussain Qadri in assassination case of Governor Punjab Salmaan Taseer, as prosecution filed charge sheet against the accused before the court. After indicting Mumtaz Qadri, an Elite force Commando and s
Published 15 Feb, 2011 12:00am
Meeting of Officers Federation of Banks held

Meeting of Officers Federation of Banks held

An emergent meeting of Officers Federation of Banks & Financial Institutions Pakistan was held in Habib Bank Plaza for resolving problems faced by HBFC pensioners. The meeting was attended by Gulfaraz Khan, Secy General NBP Officers Federation, Shahid H K
Published 15 Feb, 2011 12:00am
Unloading oilseeds: single-day record achieved at Port Qasim

Unloading oilseeds: single-day record achieved at Port Qasim

February 10 was landmark day at Fauji Akbar Marine Terminal FAP at Port Qasim when two vessels with a combined length of 350 meters were berthed simultaneously at its jetty. KT ALBATROSS was discharging oilseeds imported from Canada and TRANSOCEAN was loa
Published 15 Feb, 2011 12:00am
Quetta-Chaman highway restored

Quetta-Chaman highway restored

The Quetta-Chaman highway has been restored for heavy traffic on Monday after it was closed following the rain and snowfall on Khozak top in Chaman and surrounding areas. The official sources in Chaman said the heavy traffic including the Nato containers
Published 15 Feb, 2011 12:00am
UAF organises seminar on '50 years of horticulture in Pakistan'

UAF organises seminar on '50 years of horticulture in Pakistan'

The University of Agriculture, Faisalabad is celebrating 2011 as its Golden Jubilee year. A series of events will be held throughout the year and as part of that one week (February 14-19, 2011) has been reserved for horticultural programs. The programme i
Published 15 Feb, 2011 12:00am
Professor Wang speaks on 'Effective Communication'

Professor Wang speaks on 'Effective Communication'

The culture of Pakistan and China are rich and both countries are good friends and good neighbouring countries. This was stated by Wang Guo An Andrew Professor of International Trade from Zhejiang Gong University, Hangzghou, China while delivering a lectu
Published 15 Feb, 2011 12:00am
Bilal appointed Chairman FPCCI body on textile

Bilal appointed Chairman FPCCI body on textile

President FPCCI Senator Haji Ghulam Ali has appointed Bilal Mulla as Chairman of FPCCI Standing Committee on Textile and Value Added Products for 2011-12. His nomination is reflective of the confidence reposed in him by the President FPCCI, said FPCCI rel
Published 15 Feb, 2011 12:00am
There's a world beyond a cabinet berth

There's a world beyond a cabinet berth

Of course many an eyebrow arched and quite a few ears cocked up when Shah Mehmood Qureshi went missing from the new federal cabinet swearing-in ceremony last week. The most likely to be taken in was not there to take oath as the foreign minister.
Published 15 Feb, 2011 12:00am
Yusuf Haroon (1916-2011): end of an era

Yusuf Haroon (1916-2011): end of an era

The last survivor of the constituent assembly, a Muslim League politician, a former mayor of Karachi (May 1944-May 1945), chief minister of Sindh (February 1949-May 1950), a former governor of West Pakistan, a federal minister and a former editor-in-chief
Published 15 Feb, 2011 12:00am
A legal dispute or a cover-up

A legal dispute or a cover-up

The Raymond Davis affair and US insistence on his safe exit, may lead to damaging outcomes: first, confirm Davis's role in covert activities that must not be revealed to America's 'strategic ally' Pakistan because that would reinforce the view that the Is
Published 15 Feb, 2011 12:00am
Russian film marks Chernobyl's 25th anniversary

Russian film marks Chernobyl's 25th anniversary

Moscow-born director Alexander Mindadze has marked the 25th anniversary of the meltdown of the Chernobyl nuclear reactor with a new film about a group of people suddenly caught up in the aftermath of the tragedy. The explosion that ripped through the Ukra
Published 15 Feb, 2011 12:00am
An appeal to chief minister Punjab

An appeal to chief minister Punjab

Some people, who are obviously well-wishers of Punjab are intentionally or unintentionally trying to fan hatred against their own province, ie Punjab. For example; they are giving the impression that the anti-Kalabagh dam (KBD) people are enemies of Pakis
Published 15 Feb, 2011 12:00am
Justice Mushir takes oath as SHC CJ

Justice Mushir takes oath as SHC CJ

Justice Mushir Alam took oath as the Chief Justice of Sindh High Court (SHC) on Monday at the premises of SHC. The Governor of Sindh, Dr Ishratul Ibad Khan, administered the oath to the Chief Justice SHC. The Chief Minister of Sindh, Syed Qaim Ali Shah, D
Published 15 Feb, 2011 12:00am
NOC to merger issued

NOC to merger issued

The Competition Commission of Pakistan (CCP) has issued "No Objection Certificate" (NOC) to the merger of MCB Asset Management Company Limited and Arif Habib Investments Limited. "The CCP has examined the scheme of merger of MCB Asset Management Company L
Published 15 Feb, 2011 12:00am
Kidnapped boy recovered, one held

Kidnapped boy recovered, one held

Police on Monday claimed to have recovered a seven years old boy and arrested his kidnapper in the limits of Tehmoriya police station on Monday. According to police, Muhammad Hussain, 7, son of Abdul Karim was abducted by his renter Iftikhar from Bufferzo
Published 15 Feb, 2011 12:00am
KSE holiday

KSE holiday

Karachi Stock Exchange (KSE) will remain closed on Wednesday (tomorrow) on account of Eid Milad-un-Nabi (PBUH).
Published 15 Feb, 2011 12:00am
Ban on pillion riding

Ban on pillion riding

Sindh government on Monday imposed ban on pillion riding and suspended all permits to carry arms for two days. According to details, the restriction on carrying arms and pillion riding would be effective from February 15, 2011 to February 16, 2011.
Published 15 Feb, 2011 12:00am
Picic declares cash dividends

Picic declares cash dividends

The board of directors of Picic Asset Management Company Limited, the management company of Picic Growth Fund, Picic Investment Fund and Picic Energy Fund, in its 43rd meeting held on February 11, 2011, declared interim cash dividend at 12.50 percent (ie
Published 15 Feb, 2011 12:00am
Picic declares cash dividends

Picic declares cash dividends

The board of directors of Picic Asset Management Company Limited, the management company of Picic Growth Fund, Picic Investment Fund and Picic Energy Fund, in its 43rd meeting held on February 11, 2011, declared interim cash dividend at 12.50 percent (ie
Published 15 Feb, 2011 12:00am
Asian Green City Index: Karachi ranked 'well below average'

Asian Green City Index: Karachi ranked 'well below average'

Karachi is the only city, which has been ranked well below average in 'Asian Green City Index', which measured and rated the environmental performance of 22 Asian cities under eight quantitative indicators.
Published 15 Feb, 2011 12:00am
Two killed in separate incidents

Two killed in separate incidents

At least two persons were killed and two other including a minor boy were injured in separate incidents in various parts of the metropolis here on Monday. According to details, a man was shot dead while his wife and his minor son were injured by unknown a
Published 15 Feb, 2011 12:00am
Saudi government issuing visas to Pakistanis

Saudi government issuing visas to Pakistanis

The Saudi Government has started issuing Umrah visas to Pakistani Pilgrims. In a statement issued by Aroma group of companies here on Monday said the Saudi government has started issuing Umrah visas to Pakistani pilgrims. It said that Aroma group of compa
Published 15 Feb, 2011 12:00am
FAP Terminal: Single-day recorded unloading of Oilseeds at PQA

FAP Terminal: Single-day recorded unloading of Oilseeds at PQA

The day of February 10 was a landmark day at the FAP Terminal at Port Qasim when two vessels with a combined length of 350 meters were berthed simultaneously at its jetty. The 'KT ALBATROSS' was discharging oilseeds imported from Canada while the 'TRANSOC
Published 15 Feb, 2011 12:00am
Fazl visits Golden Temple in Amritsar

Fazl visits Golden Temple in Amritsar

A high level delegation of Jamiat-ulema-e-Islam, led by party chief Maulana Fazlur Rehman, which is currently in India to attend different functions of Jamiat-Ulema-e-Hind, visited the Golden Temple of Sikh community in Amritsar, a JUI spokesman said in a
Published 15 Feb, 2011 12:00am
PRL earns Rs 881.121 million

PRL earns Rs 881.121 million

Pakistan Refinery Limited (PRL) has posted Rs 881.121 million as profit after tax in the half-year period ended on December 31, 2010 as compared to after tax loss of Rs 1,699.836 million recorded in the corresponding period in 2009.
Published 15 Feb, 2011 12:00am
PRL earns Rs 881.121 million

PRL earns Rs 881.121 million

Pakistan Refinery Limited (PRL) has posted Rs 881.121 million as profit after tax in the half-year period ended on December 31, 2010 as compared to after tax loss of Rs 1,699.836 million recorded in the corresponding period in 2009.
Published 15 Feb, 2011 12:00am
Profit after tax of Engro increases

Profit after tax of Engro increases

The profit after taxation (consolidated) of Engro Corporation has increased to Rs 6.441 billion in the year ended December 31, 2010 as compared to Rs 3.718 billion earned in the corresponding period in 2009. The company's earning per share increased to Rs
Published 15 Feb, 2011 12:00am
Profit after tax of Engro increases

Profit after tax of Engro increases

The profit after taxation (consolidated) of Engro Corporation has increased to Rs 6.441 billion in the year ended December 31, 2010 as compared to Rs 3.718 billion earned in the corresponding period in 2009. The company's earning per share increased to Rs
Published 15 Feb, 2011 12:00am
Meezan Bank declares 15 percent bonus shares

Meezan Bank declares 15 percent bonus shares

The board of directors of Meezan Bank Limited, under the chairmanship of Shaikh Ebrahim Bin Khalifa Al-Khalifa, approved the annual audit of accounts of the bank for year ending on December 31, 2010 in its meeting held on February 11, 2011.
Published 15 Feb, 2011 12:00am
Meezan Bank declares 15 percent bonus shares

Meezan Bank declares 15 percent bonus shares

The board of directors of Meezan Bank Limited, under the chairmanship of Shaikh Ebrahim Bin Khalifa Al-Khalifa, approved the annual audit of accounts of the bank for year ending on December 31, 2010 in its meeting held on February 11, 2011.
Published 15 Feb, 2011 12:00am
EMC, KTI consultative meeting on February 17

EMC, KTI consultative meeting on February 17

Environmental Management Consultants (EMC) in collaboration with Korangi Association of Trade and Industry (KTI) is holding a consultative meeting to get feedback of participants on Karachi Transportation Improvement Project (KTIP) on February 17th.
Published 15 Feb, 2011 12:00am
Hand-grenade recovered

Hand-grenade recovered

A locally made hand grenade was recovered in the limits of Sohrab Goth police station on Monday. According to police, the information was received at around 12:30 pm that the hand grenade was placed in the empty shop located at Bismillah Market of new veg
Published 15 Feb, 2011 12:00am
Yusuf Haroon's death condoled

Yusuf Haroon's death condoled

Sarmad Ali, Secretary General, All Pakistan Newspapers Society, has expressed his profound grief on behalf of the Office Bearers over the sad demise of veteran politician, former Governor of West Pakistan and past President of APNS, Yusuf Haroon after a p
Published 15 Feb, 2011 12:00am
Suicide attack kills two at Kabul mall

Suicide attack kills two at Kabul mall

A Taliban suicide bomber targeted a popular shopping mall in the heart of the Afghan capital Kabul on Monday, killing two guards and wounding at least two other people, officials said. Interior ministry spokesman Zemarai Bashary told AFP that the attacker
Published 15 Feb, 2011 12:00am
Israel to build more east Jerusalem homes: council

Israel to build more east Jerusalem homes: council

Jerusalem's municipal council on Monday approved the construction of 120 new homes in the Jewish settlement neighbourhood of Ramot in occupied east Jerusalem, a councillor told AFP. "It's not good news," Pepe Alalu of the opposition Meretz party said. "Th
Published 15 Feb, 2011 12:00am
China orders curbs on international conferences

China orders curbs on international conferences

China's government has called for a reduction in the number of international conferences and forums held in the country, apparently out of fear the proliferating meetings are squandering public funds. Officials across the country have been asked to restri
Published 15 Feb, 2011 12:00am
Italy and Tunisia in row over illegal migrants

Italy and Tunisia in row over illegal migrants

Tunisia has accused Rome of infringing on its sovereignty after an Italian minister suggested sending police to the north African country to stem the tide of illegal migrants trying to reach Italy. More than 4,000 migrants have crossed the sea from Tunisi
Published 15 Feb, 2011 12:00am
Sudan governor expels French aid group

Sudan governor expels French aid group

Sudanese authorities on Monday expelled French aid group Medecins du Monde from a state in the Darfur region, accusing it of spying on the government and helping rebels. UN sources, speaking on condition of anonymity, said Sudanese security officials raid
Published 15 Feb, 2011 12:00am
Palestinian cabinet resigns en masse

Palestinian cabinet resigns en masse

The Palestinian cabinet on Monday resigned ahead of summer polls, as the leadership sought to boost its legitimacy after the collapse of peace talks and two Arab uprisings. The move, which has been on the cards since last year, was announced at a cabinet
Published 15 Feb, 2011 12:00am
US sends Twitter messages to Iranians

US sends Twitter messages to Iranians

The US State Department has begun sending Twitter messages to Iranians, alluding to the "historic role" social media have played in mass protests against Iran's 2009 disputed presidential polls. The Twitter feeds began Sunday as US officials accused Iran
Published 15 Feb, 2011 12:00am
Rocks and batons fly as Yemen protests erupt in violence

Rocks and batons fly as Yemen protests erupt in violence

Rocks and batons flew in central Sanaa on Monday as pro-democracy protesters clashed violently with police and supporters of President Ali Abdullah Saleh, witnesses said. Clashes between police and protesters also broke out Monday in the city of Taez, sou
Published 15 Feb, 2011 12:00am
Iran, Turkey determined to strengthen ties

Iran, Turkey determined to strengthen ties

Iran and Turkey are determined to boost their political and economic ties, Iranian President Mahmoud Ahmadinejad told a joint press conference Monday with his visiting Turkish counterpart, Abdullah Gul. "This co-operation (...) will rapidly bring our regi
Published 15 Feb, 2011 12:00am
Afghan bankers accused in fake check scheme

Afghan bankers accused in fake check scheme

Nine employees of Afghanistan's Central Bank and of a troubled private bank have been accused of stealing $1.5 million through a fake check scheme, officials said Monday. The suspects were arrested two weeks ago and have confessed, officials said. Two of
Published 15 Feb, 2011 12:00am
Two banks suspend Ivorian operations

Two banks suspend Ivorian operations

Two large international banks suspended operations in Ivory Coast on Monday as a power struggle following a disputed presidential election tightened its grip on the economy of the world's top cocoa grower. French bank BNP Paribas's Ivorian unit, the secon
Published 15 Feb, 2011 12:00am
Iraq diverts F-16 budget for food rations

Iraq diverts F-16 budget for food rations

Iraq has postponed the planned purchase of 18 F-16 fighter planes from the United States this year and diverted the funds to feeding the poor, an official said on Monday, amid growing protests that have been inspired by the uprisings in Egypt and Tunisia.
Published 15 Feb, 2011 12:00am
Iraqis protest bad services and corruption

Iraqis protest bad services and corruption

Hundreds of Iraqis rallied Monday in central Baghdad, protesting the rampant corruption and the lack of government services that have plagued the country for years. Iraqis have been venting their anger at the lack of jobs and government services such as e
Published 15 Feb, 2011 12:00am
Experiment volunteers 'walk on Mars'

Experiment volunteers 'walk on Mars'

Two volunteers cut off from the rest world for eight months stepped out on a mock-up of Mars on Monday, reaching the dramatic half-way point of their experimental "voyage" to the Red Planet. Outfitted in heavy white space suits and clunky boots, the Russi
Published 15 Feb, 2011 12:00am
'Foreign power' may have derailed Russia spy satellite

'Foreign power' may have derailed Russia spy satellite

The Russian military satellite that failed to reach a proper orbit early this month may have been set off its course by a foreign power, Interfax quoted a space agency official as saying Monday. Russia on February 1 launched a high-tech Geo-IK-2 craft to
Published 15 Feb, 2011 12:00am
Kolkata and Mumbai grounds cleared by ICC

Kolkata and Mumbai grounds cleared by ICC

Kolkata and Mumbai grounds have been given the final clearance to stage Cricket World Cup matches after concerns about their readiness, the head of the governing body told Reuters on Monday. "Those venues have all been squared off, they're ready," Interna
Published 15 Feb, 2011 12:00am
Bangladesh kills mosquitoes ahead of World Cup

Bangladesh kills mosquitoes ahead of World Cup

Bangladesh has launched an all-out war on mosquitoes in and around cricket stadiums to ensure a bite-free World Cup for spectators and players, an official said Monday. The Dhaka City Corporation (DCC) has deployed spray teams to wipe out mosquitoes at th
Published 15 Feb, 2011 12:00am
Citi organises golf tournament

Citi organises golf tournament

As part of its 50 years' celebrations, Citi organised a two-day golf tournament for its clients as well as Karachi Golf Club (KGC) members at the KGC. With a record number of players registering and 265 participants, the tournament was a huge success.
Published 15 Feb, 2011 12:00am
Bank severs links with banned trio

Bank severs links with banned trio

Pakistan's largest bank said Monday it had decided not to renew the contracts of three leading cricketers banned on corruption charges. Salman Butt, Mohammad Asif and Mohammad Aamer were on the National Bank payroll for playing on the institution's cricke
Published 15 Feb, 2011 12:00am
Brazil great Ronaldo confirms retirement

Brazil great Ronaldo confirms retirement

Three-time FIFA World Player of the Year Ronaldo, whose goalscoring genius led Brazil to the 2002 World Cup title, confirmed his retirement on Monday at the age of 34. The tearful Corinthians striker announced his decision at a press conference in Sao Pau
Published 15 Feb, 2011 12:00am
England out to make history: Prior

England out to make history: Prior

Matt Prior said on Monday that a buoyant England were using their barren run at the World Cup as a major motivation for glory this time around. Despite being one of the game's major forces, England are yet to win cricket's showpiece tournament - although
Published 15 Feb, 2011 12:00am
Waqar wants World Cup jinx broken

Waqar wants World Cup jinx broken

As a player, Waqar Younis had nothing but bad memories of the World Cup. Now as a coach, he has the challenge of turning around Pakistan's talented yet unpredictable team. "Well, it's true that the World Cup hasn't been too kind to me, but that is motivat
Published 15 Feb, 2011 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold rose above $1,360 an ounce on Monday as the dollar's retreat from highs versus the euro took some pressure off prices, with a second consecutive weekly price rise underpinning investors' confidence in the metal. Comments from European Central Bank Go
Published 15 Feb, 2011 12:00am
US MIDDAY: copper rallies

US MIDDAY: copper rallies

Copper rallied to a record high on Monday, after a surprise jump in Chinese imports reinforced prospects for robust global demand and raised hopes of extended restocking by the world's top consumer. Copper, often viewed as a barometer for the global econo
Published 15 Feb, 2011 12:00am
Grain futures mixed

Grain futures mixed

Chicago Board of Trade grain futures were mixed on Monday, with wheat up sharply on a combination of export demand and weather concerns in the United States and China, traders said. On the US Plains, melting snow cover is leaving wheat vulnerable to a col
Published 15 Feb, 2011 12:00am
Cocoa at one-year top

Cocoa at one-year top

Cocoa futures climbed to close at the highest level in more than one-year high on Monday on concerns that an export ban in top grower Ivory Coast may be extended, while coffee ended at its highest in nearly 14 years on the heels of a wider commodities ral
Published 15 Feb, 2011 12:00am
Gold rises above $1,360 in European trade

Gold rises above $1,360 in European trade

Gold rose above $1,360 an ounce on Monday as the dollar's retreat from highs versus the euro took some pressure off prices, with a second consecutive weekly price rise underpinning investors' confidence in the metal. Comments from European Central Bank Go
Published 15 Feb, 2011 12:00am
Gold steadies in Asia

Gold steadies in Asia

Spot gold held steady on Monday, with prices hovering below $1,360 an ounce, as investors awaited China inflation data for trading cues after the resignation of Egypt's president following weeks of protest took some heat out of risk aversion. Gold prices,
Published 15 Feb, 2011 12:00am
Liffe cocoa hits three-week high

Liffe cocoa hits three-week high

Liffe May cocoa ended 11 pounds higher at 2,210 pounds a tonne on Monday, below its six-month peak of 2,269 pounds a tonne. The contract touched a three-week high of 2,231 pounds in early trading after Ivory Coast presidential claimant Alassane Ouattara s
Published 15 Feb, 2011 12:00am
Malaysian palm oil dips

Malaysian palm oil dips

Malaysian palm oil futures dropped as much as 1 percent on Monday, with trading range-bound as investors booked profits ahead of eagerly anticipated export data due later this week. The benchmark April 2011 crude palm oil contract on Bursa Malaysia Deriva
Published 15 Feb, 2011 12:00am
Tokyo rubber futures hit record high

Tokyo rubber futures hit record high

Benchmark Tokyo rubber futures hit a record high on Monday as concerns over tight supply continued to lend support, while a weaker yen also boosted sentiment. The key Tokyo Commodity Exchange rubber contract for July delivery rose as high as 520 yen, the
Published 15 Feb, 2011 12:00am
Brent rises over two percent

Brent rises over two percent

Brent crude rose more than 2 percent on Monday to top $104 a barrel for the first time in 28 months on concerns about protests in the Middle East and strong crude oil imports by China. US crude prices, however, fell in volatile trading, weighed down by hi
Published 15 Feb, 2011 12:00am
Copper scales new all-time peaks

Copper scales new all-time peaks

Copper scaled new all-time peaks and tin hit a record on Monday, as supply tightness bolstered both metals, while a surprise jump in copper imports from top metals consumer China brightened sentiment. Copper for three-month delivery on the London Metal Ex
Published 15 Feb, 2011 12:00am
Shanghai copper rises

Shanghai copper rises

London copper rallied above $10,000 early on Monday, while Shanghai metal rose 1 percent after a surprise jump in Chinese copper imports and hopes of continued restocking by the world's top consumer. Shanghai's most active copper contract rose 750 yuan to
Published 15 Feb, 2011 12:00am
Egypt says no disruption of wheat purchases

Egypt says no disruption of wheat purchases

Wheat purchases by Egypt, the world's largest importer of the grain, are proceeding normally, the main government wheat buyer said on Monday after a popular uprising toppled President Hosni Mubarak. The most populous Arab country entered global markets tw
Published 15 Feb, 2011 12:00am
Yuan slightly lower

Yuan slightly lower

The yuan closed slightly lower against the dollar on Monday after the People's Bank of China fixed a weaker mid-point in line with a rise in the US dollar Index. China's trade surplus fell to its lowest in nine months in January after imports surged, supp
Published 15 Feb, 2011 12:00am
Interbank borrowing rates fall

Interbank borrowing rates fall

Interbank borrowing rates fell on Monday as the effects of a recent money market liquidity pinch eased, but caution persisted ahead of Tuesday's weekly ECB loan offering with demand for funding still proving hard to predict. Bank-to-bank overnight rates f
Published 15 Feb, 2011 12:00am
Most Asian currencies higher

Most Asian currencies higher

Most Asian currencies firmed on Monday as easing tensions in Egypt bolstered investor appetite for risky assets, with market players focusing on trends in capital flows for near-term direction hints. Currencies such as the Indonesian rupiah, the Indian ru
Published 15 Feb, 2011 12:00am
Indian rupee strengthens

Indian rupee strengthens

The Indian rupee strengthened on Monday, tracking sharp gains in local shares, but a bearish euro and the dollar's against global currencies pulled it off-highs. The partially convertible rupee closed at 45.49/50 per dollar, 0.4 percent stronger than its
Published 15 Feb, 2011 12:00am
Swiss franc weakens versus euro

Swiss franc weakens versus euro

The Swiss franc was trading within sight of a 10-week low against the euro on Monday, under pressure after some investors' hopes for a tightening of monetary policy were dampened by weak inflation data last week. The franc was virtually flat against the e
Published 15 Feb, 2011 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 71.17/71.17 (previous 71.15/71.15). Call Money Rates: 5.50-12.00 percent (previous 5.50-16.00 percent).
Published 15 Feb, 2011 12:00am
Euro slips versus dollar in London

Euro slips versus dollar in London

The euro slipped to a three-week low against the dollar on Monday, hit by reports that rescue plans for ailing lender WestLB were under threat, and with eurozone peripheral debt concerns keeping investors on edge. Aid for WestLB hangs in the balance, a so
Published 15 Feb, 2011 12:00am
Early trade in New York: Euro hits three-week low versus dollar

Early trade in New York: Euro hits three-week low versus dollar

The euro slid to a three-week low against the dollar on Monday with more losses expected as eurozone debt difficulties and a deluge of economic data and events this week kept investors on edge. The euro underperformed the dollar for a third straight day,
Published 15 Feb, 2011 12:00am
Euro shaky near key level in Asia

Euro shaky near key level in Asia

The euro teetered at a key technical level against the dollar on Monday, with a break of that support seen likely to deepen its decline as markets turn cautious ahead of a slew of events this week. Among them, fund-raising by Italy and Spain in the bond m
Published 15 Feb, 2011 12:00am
Sterling rises

Sterling rises

Sterling was firm on Monday ahead of UK inflation data and the Bank of England's quarterly report, with expectations for an interest rate rise in the near term providing strong support. Traders said the pound was helped by demand from Middle East accounts
Published 15 Feb, 2011 12:00am
Aussie rises, New Zealand dollar struggles

Aussie rises, New Zealand dollar struggles

The New Zealand dollar struggled on Monday as weak retail sales pointed to interest rates being on hold for many months to come, while the Aussie gained on upbeat economic news from key export market China. All of which helped the Australian dollar up to
Published 15 Feb, 2011 12:00am
Bangladesh investors riot again as stocks plunge

Bangladesh investors riot again as stocks plunge

Bangladeshi investors pelted riot police with bricks, set fire to an office building and smashed scores of vehicles on Monday after the Dhaka Stock Exchange fell more than seven percent. In the latest skirmishes following weeks of clashes, police fired te
Published 15 Feb, 2011 12:00am
Indian shares rise most in nine months

Indian shares rise most in nine months

Firm world equities drove Indian shares 2.7 percent higher on Monday, their highest single-day gain in nine months, but market participants were unsure whether the rally has legs as high inflation and graft probes weighed. Tata Motors accelerated 5.6 perc
Published 15 Feb, 2011 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan's main share index closed 0.88 percent higher on Monday after the biggest single-day drop in eight months in the previous session, with chip shares in the lead as the Taiwan currency retreated to early January levels. Fund managers said the bounce
Published 15 Feb, 2011 12:00am
Hong Kong, Chinese shares rally

Hong Kong, Chinese shares rally

Hong Kong shares closed higher on Monday, lifted by the Shanghai Composite's biggest advance in two months on signs of robust Chinese growth and talk that January inflation was milder than expected. The benchmark Hang Seng finished up 1.3 percent at 23,12
Published 15 Feb, 2011 12:00am
Nikkei rises to nine-month high

Nikkei rises to nine-month high

Japan's Nikkei average rose to a nine-month high on Monday as upbeat Chinese economic data boosted investor confidence, while maritime transport and construction equipment stocks attracted buying. Traders said a shift to developed markets from emerging ma
Published 15 Feb, 2011 12:00am
Monday's midday trade: US stocks little changed

Monday's midday trade: US stocks little changed

US stocks were little changed on Monday as another day of persistently below-average volume suggested investors weren't willing to chase gains that carried stocks to 2 1/2-year highs last week. Equities were coming off two straight weeks of gains, althoug
Published 15 Feb, 2011 12:00am
Seoul shares gain

Seoul shares gain

Seoul shares gained 1.9 percent on Monday after substantial falls in the previous session, helped by rallies in key blue chip technology counters including Samsung Electronics Co Ltd. The Korea Composite Stock Price Index finished up 1.89 percent or 37.4
Published 15 Feb, 2011 12:00am
UK's top share index lower

UK's top share index lower

Britain's leading share index closed marginally lower on Monday, as weaker financials prevailed over a mining rally inspired by upbeat economic data from China. Chip designer ARM Holdings was the top riser, up 6.6 percent, with traders citing favourable b
Published 15 Feb, 2011 12:00am
LSE goes live with faster UK trading system

LSE goes live with faster UK trading system

The London Stock Exchange moved its main trading platform to a faster system, putting past technology glitches behind it just days after launching a bid to buy Canadian exchange TMX. The British exchange has moved its main UK share system to technology pr
Published 15 Feb, 2011 12:00am
Miners push European shares to 29-month high

Miners push European shares to 29-month high

European shares hit a 29-month closing high on Monday, with miners up after Chinese trade data highlighted strong demand for raw material and as talk of easing inflation in the country capped fears of further tightening. The pan-European FTSEurofirst 300
Published 15 Feb, 2011 12:00am
Most Southeast Asian stocks rebound

Most Southeast Asian stocks rebound

Southeast Asian stock markets rose on Monday as easing tension in Egypt and expectations of slowing inflation in China revived appetite for emerging equities with good buying interest in energy stocks and banks. The region's rebound, however, came in rela
Published 15 Feb, 2011 12:00am
Mideast markets: Abu Dhabi's Sorouh at five-year low

Mideast markets: Abu Dhabi's Sorouh at five-year low

Abu Dhabi's Sorouh Real Estate plunged to a five-year low on Monday after swinging to a fourth-quarter loss, the latest UAE developer to miss forecasts because of continued provisions and impairments. Sorouh fell 3.7 percent to 1.32 dirhams, its lowest fi
Published 15 Feb, 2011 12:00am
Obama budget proposes cutting deficit by $1.1 trillion over 10 years

Obama budget proposes cutting deficit by $1.1 trillion over 10 years

President Barack Obama on Monday proposed halving the US deficit by 2013 and cutting $1.1 trillion over the next decade in a budget he called a "downpayment" on fiscal control. But Republicans, who accuse Obama of being a tax-and-spend Democrat, said the
Published 15 Feb, 2011 12:00am
Japan overtaken by China as No 2 economy

Japan overtaken by China as No 2 economy

Japan lost its 42-year ranking as the world's second-biggest economy to China in 2010, with data on Monday showing a contraction in the last quarter due to weak consumer spending and a strong yen. While Japan was expected to fall behind a surging China in
Published 15 Feb, 2011 12:00am
China's trade surplus shrinks

China's trade surplus shrinks

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation. The trade surplus s
Published 15 Feb, 2011 12:00am
General Motors recalls 2,800 imported cars in China

General Motors recalls 2,800 imported cars in China

Shanghai General Motors is to recall 2,806 imported Cadillacs in China to repair faulty suspension, state media said Monday, citing a government statement. The recall, due to begin on March 21, includes models of the Cadillac CTS produced between June 16,
Published 15 Feb, 2011 12:00am
Unemployment nearly 50 percent in Russia's Caucasus regions: report

Unemployment nearly 50 percent in Russia's Caucasus regions: report

Parts of Russia's turbulent Caucasus region have the country's highest unemployment rate, and impoverished Ingushetiya tops the list with 48.8 percent, a report said Monday. Russia's overall unemployment rate was 7.2 percent at the beginning of the year,
Published 15 Feb, 2011 12:00am
OECD growth indicator rises, Germany, Japan in lead

OECD growth indicator rises, Germany, Japan in lead

The growth outlook for major industrialised economies is picking up, although big differences in momentum remain between countries, the OECD's leading indicator for December showed on Monday. The Paris-based Organisation for Economic Development and Co-op
Published 15 Feb, 2011 12:00am
India, China growth race 'silly', says Nobel winner

India, China growth race 'silly', says Nobel winner

India's leading economist, Nobel Prize winner Amartya Sen, dismissed on Monday the "silly" obsession of comparing the economic growth rates of China and India. In a lengthy critique of the practice, Sen argued that New Delhi was far behind in the growth r
Published 15 Feb, 2011 12:00am
Russia starts asset sale, gets $3.3 billion for VTB

Russia starts asset sale, gets $3.3 billion for VTB

Russia kicked off its biggest privatisation drive since the collapse of the Soviet Union, raising $3.3 billion via the sale of 10 percent in its second-largest bank VTB. Demand for VTB was boosted by a fall of 13 percent in its share price since the end o
Published 15 Feb, 2011 12:00am
EU discusses rescue fund, Berlin eyes package deal

EU discusses rescue fund, Berlin eyes package deal

European finance ministers assessed ways of strengthening their 440 billion euro rescue fund on Monday, but Germany remained reluctant to bolster the facility without commitments on closer economic co-ordination. Monday's talks are supposed to prepare the
Published 15 Feb, 2011 12:00am
Boeing unveils latest 747

Boeing unveils latest 747

US aerospace giant Boeing on Sunday unveiled its 747-8 Intercontinental, a longer and more fuel efficient update of its emblematic jumbo jet, which it hopes will compete with Airbus A-380. "Look at this marvellous flying machine, it's our future," Pat Sha
Published 15 Feb, 2011 12:00am
Eurozone industrial output slips

Eurozone industrial output slips

Industrial output slipped in the eurozone in December as a cold snap crimped activity, data showed, though economists said the outlook was promising amid signs of recovery across much of the region's weaker periphery. Production in the 16 countries that w
Published 15 Feb, 2011 12:00am
Satyam reports profit upturn

Satyam reports profit upturn

Software services exporter Mahindra Satyam, recovering from India's biggest corporate fraud, reported an upturn in quarterly net profit Monday, sending its shares soaring. The company, previously known as Satyam Computer Services, said third-quarter net p
Published 15 Feb, 2011 12:00am
Satyam reports profit upturn

Satyam reports profit upturn

Software services exporter Mahindra Satyam, recovering from India's biggest corporate fraud, reported an upturn in quarterly net profit Monday, sending its shares soaring. The company, previously known as Satyam Computer Services, said third-quarter net p
Published 15 Feb, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 207,928 tonnes of cargo including 117,490 tonnes of import cargo, 90,438 tonnes of export cargo, 5,824 loaded and empty containers during last 48 hours ended at 0700 hours on Monday. The total import cargo of 117,490 tonnes compri
Published 15 Feb, 2011 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Hard red winter wheat basis bids in the US Plains held steady Monday in a quiet market as wheat dealings resumed routine activity. Slow shipments of wheat for February contracts remained a problem for some mills after truck and rail transportation was com
Published 15 Feb, 2011 12:00am
Vietnam's first quarter rice exports may rise 11 percent

Vietnam's first quarter rice exports may rise 11 percent

Vietnam's rice exports in the first three months of this year are expected to reach between 1.6 million and 1.8 million tonnes, up at least 11 percent from the corresponding period last year, a state-run newspaper reported on Monday. A total of 700,000 to
Published 15 Feb, 2011 12:00am
Indonesia's Bulog aims to lift rice stocks to two million tonnes

Indonesia's Bulog aims to lift rice stocks to two million tonnes

Indonesia's state procurement agency Bulog aims to lift its rice stocks to 2 million tonnes by the end of the year via domestic procurement because of expectations for higher local output, said its president director on Monday. Indonesia earlier this mont
Published 15 Feb, 2011 12:00am
India's January vegetable oil imports fall 17 percent

India's January vegetable oil imports fall 17 percent

India's vegetable oil imports fell 17 percent in January from a year ago as it increased local oilseeds crushing, a leading trade body said, largely as expected, with higher international prices also dampening demand. But rival Asian economic powerhouse C
Published 15 Feb, 2011 12:00am
Modest trading on grain market

Modest trading on grain market

Modest trading was seen on the wholesale gain and oilseeds market on Monday due to upward trend in the rates, dealers said. On the seeds side, rapeeeds Nawabshah rose by Rs 100 to Rs 2500, rapeseeds cakes low type was higher by Rs 10 to Rs 900 and good ty
Published 15 Feb, 2011 12:00am
Sparse trading on cotton market

Sparse trading on cotton market

Steady trend was witnessed on the cotton market on Monday as mills preferred to be on the sidelines to see fresh developments in the near future, dealers said. Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 11,500, they said. Phut
Published 15 Feb, 2011 12:00am
Oil cake market rates

Oil cake market rates

Futures were lower on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The March vaida closed at Rs 1237.30 but it opened with a loss of 30 paisa at Rs 1237.00, the May contract closed at Rs 1317.80 and it opened with a
Published 15 Feb, 2011 12:00am
Australia to sell record volume of feed wheat to China

Australia to sell record volume of feed wheat to China

Australia is expected to sell record volumes of feed wheat to China this year, with the world's third-largest exporter having abundant supplies at a time when China's wheat crop is being threatened by drought, traders said on Monday. Traders said Australi
Published 15 Feb, 2011 12:00am
Message from Chairman, Board of Governors, Shaukat Khanum Memorial Trust

Message from Chairman, Board of Governors, Shaukat Khanum Memorial Trust

Dear Friends, Assalam-o-Alaikum, Shaukat Khanum Memorial Cancer Hospital & Research Centre (SKMCH&RC) has continued to provide quality cancer care to all segments of society. It is a living tribute to your kindness and generosity that the hospital continu
Published 15 Feb, 2011 12:00am
Awards, certifications and affiliations

Awards, certifications and affiliations

SKMCH&RC was presented the World Health Organisation's UAE Foundation Prize for 'Outstanding work in health development that has already been accomplished and that has extended far beyond the call of normal duties' in 2006. SKMCH&RC was awarded for its hu
Published 15 Feb, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 15 Feb, 2011 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 15 Feb, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (February 14, 2011).

Published 15 Feb, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (February 14, 2011).

Published 15 Feb, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (February 14, 2011).

Published 15 Feb, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (February 14, 2011).

Published 15 Feb, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (February 14, 2011).
Published 15 Feb, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (February 14, 2011).

Published 15 Feb, 2011 12:00am
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