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Archive - 2011-06-09
KSE end down, rupee firms
Markets

KSE end down, rupee firms

KARACHI : Karachi Stock Exchange (KSE) ended lower on Thursday, as investors booked profits by selling energy sector s
Published 09 Jun, 2011 01:38pm
US jobless claims rise
North America

US jobless claims rise

WASHINGTON : New claims for unemployment benefits in the United States rose slightly last week, remaining at levels t
Published 09 Jun, 2011 01:27pm
Viterra profit jumps 80pct
Commodities

Viterra profit jumps 80pct

WINNIPEG : Viterra Inc. reported an 80 percent rise in quarterly net profit on Thursday, bolstered by brisk South Austra
Published 09 Jun, 2011 01:10pm
Norway cuts oil investments
Energy

Norway cuts oil investments

OSLO : Norway 's statistical office cut its forecast for 2012 oil and gas investments by 2 percent to 143.2 billion cro
Published 09 Jun, 2011 12:20pm
Country's exports increase by 33 percent
Top News

Country's exports increase by 33 percent

ISLAMABAD : The exports of Pakistan in May 2011 increased by 33 percent over the exports in May 2010, according to the
Published 09 Jun, 2011 12:18pm
Forex reserves ease to $17.16bn
Top News

Forex reserves ease to $17.16bn

KARACHI : Foreign exchange reserves fell to $17.16 billion in the week ending June 4, from $17.34 billion the previous w
Published 09 Jun, 2011 12:02pm
Noble Group trumps Exxaro bid
Industry

Noble Group trumps Exxaro bid

MELBOURNE: Shares in Australian iron ore miner Territory Resources jumped rose by over 10 percent on Thursday after comm
Published 09 Jun, 2011 12:00pm
Four killed at Matni Bazaar
Top News

Four killed at Matni Bazaar

PESHAWAR: Four people were killed and three injured in an explosion in the Matni Bazaar near the provincial capital Pesh
Published 09 Jun, 2011 08:54am
US corn adds to gains ahead
Commodities

US corn adds to gains ahead

SYDNEY : U.S. corn futures edged up on Thursday, adding to nearly 4 percent gains in the previous session ahead of a U.S
Published 09 Jun, 2011 07:02am
Australia says jobs growth slowing
Top News

Australia says jobs growth slowing

SYDNEY : Australian employment growth is losing steam, data published Thursday show, with a lower-than-expected boost in
Published 09 Jun, 2011 06:31am
India tests nuclear-capable missile
Top News

India tests nuclear-capable missile

BHUBANESWAR: India tested a short-range nuclear-capable missile along its eastern coast on Thursday, an official said, a
Published 09 Jun, 2011 12:00am
NATO says not abandoning Afghanistan
Top News

NATO says not abandoning Afghanistan

BRUSSELS : NATO's chief insisted Thursday that the alliance was not heading to the exit in Afghanistan as defence minist
Published 09 Jun, 2011 12:00am
The same telecom humdrum
BR Research

The same telecom humdrum

Once upon a time, not so long ago the telecommunication landscape in Pakistan was akin to an oasis in the desert. After all, the sector has
Published 09 Jun, 2011 12:00am
Where does Pakistan stand?
BR Research

Where does Pakistan stand?

Being in a group of developing countries, Pakistan faces largely the same or similar issues that are common to hird world or less developed
Published 09 Jun, 2011 12:00am
Rice price on the ice
BR Research

Rice price on the ice

When food prices were sky rocketing in the past few months, and fears of an impending food crisis had FAO officials biting their nails, the
Published 09 Jun, 2011 12:00am
Hong Kong shares slide, China rises on Chalco

Hong Kong shares slide, China rises on Chalco

Hong Kong shares fell for a fifth consecutive session on Wednesday, hurt by financial stocks and property developers that investors thought were vulnerable to slowing economic growth. Investors have, in the past few months, gone from worrying about the im
Published 09 Jun, 2011 12:00am
Indian shares drop

Indian shares drop

Indian shares snapped a two-day rise and slipped 0.6 percent on Wednesday, tracking weak world markets after comments from the US Federal Reserve Chairman Ben Bernanke added to worries about the slowing global economy, with outlook turning cautious. Finan
Published 09 Jun, 2011 12:00am
Southeast Asian markets: Thailand hits 11-week low

Southeast Asian markets: Thailand hits 11-week low

Thailand's stock market closed nearly 2 percent weaker on Wednesday and touched an 11-week low as offshore investors dumped big caps after foreign brokers downgraded the market on concern over valuations and an upcoming election. Continued foreign selling
Published 09 Jun, 2011 12:00am
Shorter-dated Treasuries outperform

Shorter-dated Treasuries outperform

Shorter-dated US Treasuries outperformed longer maturities on Tuesday, ending higher after an auction of three-year notes drew strong demand. Investors flocked on Tuesday to auctions of four-week Treasury bills and three-year notes. The well-bid auctions
Published 09 Jun, 2011 12:00am
Shorter-dated Treasuries outperform

Shorter-dated Treasuries outperform

Shorter-dated US Treasuries outperformed longer maturities on Tuesday, ending higher after an auction of three-year notes drew strong demand. Investors flocked on Tuesday to auctions of four-week Treasury bills and three-year notes. The well-bid auctions
Published 09 Jun, 2011 12:00am
Taiwan stocks fall

Taiwan stocks fall

Taiwan stocks fell 0.55 percent on Wednesday, tracking losses in regional bourses, but Apple supplier Hon Hai Precision rose after the company said it expects revenue to be much higher this year. Hon Hai, Apple's biggest manufacturing partner, ended up 0.
Published 09 Jun, 2011 12:00am
US stocks extend losing streak

US stocks extend losing streak

US stocks extended a losing streak for a fifth day on Tuesday on mounting concerns about the economy after bearish comments from Federal Reserve Chairman Ben Bernanke. The market, which started off on a positive note after the S&P 500 hit a two-month low
Published 09 Jun, 2011 12:00am
Wednesday's midday trade: Wall Street stays lower

Wednesday's midday trade: Wall Street stays lower

US stocks slipped for the sixth straight day on Wednesday after Federal Reserve Chairman Ben Bernanke's assessment of the economy kept investors worried about the recovery. The three major US stock indexes reversed gains late in Tuesday's session after th
Published 09 Jun, 2011 12:00am
Nikkei average nudges up

Nikkei average nudges up

The Nikkei average edged higher on Wednesday holding above key support near the bottom of its post-quake range as foreigners bought shares on cheap valuations, shrugging off bearish comments on the US economy by Federal Reserve Chairman Ben Bernanke.
Published 09 Jun, 2011 12:00am
Seoul shares end lower

Seoul shares end lower

Seoul shares gave up initial gains and ended lower on Wednesday, pressured by falls in shipyards and carmakers and as concerns about the global economy after bearish comments from US Federal Reserve Chairman Ben Bernanke weighed. The Korea Composite Stock
Published 09 Jun, 2011 12:00am
Saudi index at seven-week low, most Gulf markets fall

Saudi index at seven-week low, most Gulf markets fall

Saudi Arabia's index slumped to a seven-week low, with investors reducing positions ahead of end-of-year school holidays, and Oman's market slipped over fears of downbeat second-quarter corporate earnings. The kingdom's all-share Tadawul index fell 1.1 pe
Published 09 Jun, 2011 12:00am
China official says inflation pressures remain elevated

China official says inflation pressures remain elevated

China still grapples with elevated inflationary pressures, partly due to higher prices of imported goods, a senior government official said on Wednesday. Xu Xianping, vice head of the National Development and Reform Commission, told a regular briefing the
Published 09 Jun, 2011 12:00am
Minister warns UK banks on tax if lending stalls

Minister warns UK banks on tax if lending stalls

A British minister on Wednesday threatened the country's banks with punitive taxes if they fail to meet lending goals set by the government to help boost a stuttering economy. Business minister Vince Cable, a consistently fierce critic of the banking indu
Published 09 Jun, 2011 12:00am
Hyundai Heavy open to bidding for $2.9 billion Hynix stake

Hyundai Heavy open to bidding for $2.9 billion Hynix stake

Hyundai Heavy Industries is open to participating in the auction of a $2.9 billion stake in Hynix Semiconductor, a company source said on Wednesday, sending shares in the world's biggest shipyard down as much as 7.2 percent. In a prolonged search for a ne
Published 09 Jun, 2011 12:00am
Turkish economy seen slowing

Turkish economy seen slowing

Turkey's economy has shown signs of slowing since April and will decelerate further in the second half, with the government ready to do what is needed to ensure a soft landing, Finance Minister Mehmet Simsek said on Wednesday. Speaking just days before a
Published 09 Jun, 2011 12:00am
Canada's housing starts up more than expected

Canada's housing starts up more than expected

Canadian housing starts rose in May to a higher-than-expected seasonally adjusted annual rate of 183,600 units, boosted by a pickup in condominiums and other multi-unit buildings. May starts topped the median forecast of analysts, which had called for 183
Published 09 Jun, 2011 12:00am
Investors demand more from reclusive Turkmenistan

Investors demand more from reclusive Turkmenistan

Foreigners in Turkmenistan find no cash machines to withdraw money and cannot roam with their mobile phones while much basic economic data, such the unemployment rate, remains a state secret. Yet still the isolated but energy-rich ex-Soviet state is court
Published 09 Jun, 2011 12:00am
Makai prices fall on grain market

Makai prices fall on grain market

Makai prices fell sharply on the wholesale grain market on Wednesday but grams rates went up in process of trading, dealers said. On the cereals side, Makia dropped by Rs 375 to Rs 2375-2500 on steady arrivals from upcountry centres, in sympathy, Juwar lo
Published 09 Jun, 2011 12:00am
Kirana items mixed on Jodia Bazaar

Kirana items mixed on Jodia Bazaar

The trading in Kirana items moved both ways on Jodia Bazaar here on Wednesday. The following changes were noted.
Published 09 Jun, 2011 12:00am
Rates slip on cotton market as new phutti arrivals begin

Rates slip on cotton market as new phutti arrivals begin

Early phutti arrival, as was expected, has started, resulting in prices showing modest fall in process of trading, dealers said on the cotton market on Wednesday. The Karachi Cotton Association (KCA) official spot rate was retained at the overnight level
Published 09 Jun, 2011 12:00am
Oil cake market rates

Oil cake market rates

July vaida was higher and December contract was unchanged on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The July contract closed at 1422.50 and it opened with an improvement of 60 paisa at Rs 1423.10 and the De
Published 09 Jun, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 122,256 tonnes of cargo including 92,612 tonnes of import cargo, 29,644 tonnes of export cargo and 3,588 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 92,612 tonnes comp
Published 09 Jun, 2011 12:00am
Eastern Europe set for good grain crops in 2011

Eastern Europe set for good grain crops in 2011

Farmers in central and eastern Europe are set for a good grains crop this summer as favourable weather has largely offset delayed winter sowings in the region. Ample rains and increased spring sowings have helped the plantings across eastern Europe, with
Published 09 Jun, 2011 12:00am
Iraq to import another one million tonnes of wheat in 2011

Iraq to import another one million tonnes of wheat in 2011

Iraq will import about another 1 million tonnes of wheat by the end of 2011, a senior official with the Grain Board of Iraq said on Tuesday. Director General Eng. Hasan I. Ibrahim told reporters at the International Grains Council's annual conference that
Published 09 Jun, 2011 12:00am
Corn export premiums steady at US Gulf Coast

Corn export premiums steady at US Gulf Coast

Corn export premiums at the US Gulf Coast mostly held steady on Tuesday amid tight supplies and limited demand for Gulf shipped grain, traders said. Corn values underpinned by confirmation of a large sale to Mexico, most or all of which will be shipped vi
Published 09 Jun, 2011 12:00am
US Midwest corn, soyabean bids mostly steady

US Midwest corn, soyabean bids mostly steady

Spot basis bids for corn and soyabeans held mostly steady around the US Midwest on Tuesday as flooding along the Missouri River was monitored. Some elevators and processors along the Missouri River braced for impact from the floodwaters.
Published 09 Jun, 2011 12:00am
French soft wheat production to fall in 2011

French soft wheat production to fall in 2011

French soft wheat production is expected to fall 13 percent in 2011 after a drought-affected growing season, the country's farm office said on Wednesday in its first forecasts for the upcoming harvest. FranceAgriMer estimated this year's French wheat crop
Published 09 Jun, 2011 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 09 Jun, 2011 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 09 Jun, 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 09 Jun, 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 Commi
Published 09 Jun, 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 Wednesday (June 08, 2011).

Published 09 Jun, 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 Wednesday (June 08, 2011).

Published 09 Jun, 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 Wednesday (June 08, 2011).

Published 09 Jun, 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 Wednesday (June 08, 2011).

Published 09 Jun, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (June 08, 2011).
Published 09 Jun, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (June 08, 2011).

Published 09 Jun, 2011 12:00am
Unarmed youth gunned down by Rangers

Unarmed youth gunned down by Rangers

The Rangers personnel at Benazir Park on Wednesday have gunned down an alleged robber, who was the brother of the reporter of a private TV channel. Almost all of the private TV channels telecast the footage showing scenes of the shooting of the unarmed yo
Published 09 Jun, 2011 12:00am
Unarmed youth gunned down by Rangers

Unarmed youth gunned down by Rangers

The Rangers personnel at Benazir Park on Wednesday have gunned down an alleged robber, who was the brother of the reporter of a private TV channel. Almost all of the private TV channels telecast the footage showing scenes of the shooting of the unarmed yo
Published 09 Jun, 2011 12:00am
Opec oil talks collapse

Opec oil talks collapse

Opec talks broke down in acrimony on Wednesday without an agreement to raise oil output after Saudi Arabia failed to convince the cartel to lift production. "We were unable to reach an agreement - this is one of the worst meetings we have ever had," said
Published 09 Jun, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (June 08, 2011).

Published 09 Jun, 2011 12:00am
Opec oil talks collapse

Opec oil talks collapse

Opec talks broke down in acrimony on Wednesday without an agreement to raise oil output after Saudi Arabia failed to convince the cartel to lift production. "We were unable to reach an agreement - this is one of the worst meetings we have ever had," said
Published 09 Jun, 2011 12:00am
Opec oil talks collapse

Opec oil talks collapse

Opec talks broke down in acrimony on Wednesday without an agreement to raise oil output after Saudi Arabia failed to convince the cartel to lift production. "We were unable to reach an agreement - this is one of the worst meetings we have ever had," said
Published 09 Jun, 2011 12:00am
Numbers on CNICs to be treated as NTNs

Numbers on CNICs to be treated as NTNs

Federal Board of Revenue Chairman Salman Siddiq said on Wednesday that the Computerised National Identity Card Numbers (CNICs) would become National Tax Numbers (NTNs) of the existing and new taxpayers from December 31, 2011. During the first meeting of S
Published 09 Jun, 2011 12:00am
Numbers on CNICs to be treated as NTNs

Numbers on CNICs to be treated as NTNs

Federal Board of Revenue Chairman Salman Siddiq said on Wednesday that the Computerised National Identity Card Numbers (CNICs) would become National Tax Numbers (NTNs) of the existing and new taxpayers from December 31, 2011. During the first meeting of S
Published 09 Jun, 2011 12:00am
Numbers on CNICs to be treated as NTNs

Numbers on CNICs to be treated as NTNs

Federal Board of Revenue Chairman Salman Siddiq said on Wednesday that the Computerised National Identity Card Numbers (CNICs) would become National Tax Numbers (NTNs) of the existing and new taxpayers from December 31, 2011. During the first meeting of S
Published 09 Jun, 2011 12:00am
Index gains 52.3 points

Index gains 52.3 points

A bullish trend continued on Karachi share market on Wednesday on the back of local investors' and institutions' support, and the KSE-100 index surged by 52.30 points to close at 12,367.29 points. The market opened on a strong positive note and the index
Published 09 Jun, 2011 12:00am
Index gains 52.3 points

Index gains 52.3 points

A bullish trend continued on Karachi share market on Wednesday on the back of local investors' and institutions' support, and the KSE-100 index surged by 52.30 points to close at 12,367.29 points. The market opened on a strong positive note and the index
Published 09 Jun, 2011 12:00am
Index gains 52.3 points

Index gains 52.3 points

A bullish trend continued on Karachi share market on Wednesday on the back of local investors'' and institutions'' support, and the KSE-100 index surged by 52.30 points to close at 12,367.29 points. The market opened on a strong positive note and the inde
Published 09 Jun, 2011 12:00am
BRIndex30 up 56.56 points

BRIndex30 up 56.56 points

On Wednesday, the BRIndex30 opened at 8,902.08 points and remained in positive throughout the trading session. It touched the intra-day high of 9,000.47 points and low of 8,902.08 points and closed at 8,958.64 points with a net positive change of 56.56 po
Published 09 Jun, 2011 12:00am
BRIndex30 up 56.56 points

BRIndex30 up 56.56 points

On Wednesday, the BRIndex30 opened at 8,902.08 points and remained in positive throughout the trading session. It touched the intra-day high of 9,000.47 points and low of 8,902.08 points and closed at 8,958.64 points with a net positive change of 56.56 po
Published 09 Jun, 2011 12:00am
Obama says sorry to Karzai for civilian deaths

Obama says sorry to Karzai for civilian deaths

US Presi-dent Barack Obama on Wednesday expressed his "sorrow" in a video conference with Afghan President Hamid Karzai over recent civilian casualties in Afghanistan, his spokesman said. White House spokesman Jay Carney said Obama spoke to Karzai for an
Published 09 Jun, 2011 12:00am
Obama says sorry to Karzai for civilian deaths

Obama says sorry to Karzai for civilian deaths

US Presi-dent Barack Obama on Wednesday expressed his "sorrow" in a video conference with Afghan President Hamid Karzai over recent civilian casualties in Afghanistan, his spokesman said. White House spokesman Jay Carney said Obama spoke to Karzai for an
Published 09 Jun, 2011 12:00am
Only four Wapda power supply companies show profits

Only four Wapda power supply companies show profits

The Audit Report 2010-11 on the accounts of Water and Power Development Authority has shown only four electric supply companies making profit. These are Gepco, Fesco, Iesco and Lesco. The other 10 companies--Pepco, Genco-I Genco-II, Genco-III, Genco-IV, H
Published 09 Jun, 2011 12:00am
Only four Wapda power supply companies show profits

Only four Wapda power supply companies show profits

The Audit Report 2010-11 on the accounts of Water and Power Development Authority has shown only four electric supply companies making profit. These are Gepco, Fesco, Iesco and Lesco. The other 10 companies--Pepco, Genco-I Genco-II, Genco-III, Genco-IV, H
Published 09 Jun, 2011 12:00am
Only four Wapda power supply companies show profits

Only four Wapda power supply companies show profits

The Audit Report 2010-11 on the accounts of Water and Power Development Authority has shown only four electric supply companies making profit. These are Gepco, Fesco, Iesco and Lesco. The other 10 companies--Pepco, Genco-I Genco-II, Genco-III, Genco-IV, H
Published 09 Jun, 2011 12:00am
Power supply free of cost: Finance directed to withdraw facility

Power supply free of cost: Finance directed to withdraw facility

The Cabinet has directed the Finance Ministry to withdraw free electricity facility to about 176,000 employees of Wapda/Pepco, a longstanding demand of the lawmakers, sources close to Finance Minister told Business Recorder. This issue came under h
Published 09 Jun, 2011 12:00am
Power supply free of cost: Finance directed to withdraw facility

Power supply free of cost: Finance directed to withdraw facility

The Cabinet has directed the Finance Ministry to withdraw free electricity facility to about 176,000 employees of Wapda/Pepco, a longstanding demand of the lawmakers, sources close to Finance Minister told Business Recorder. This issue came under h
Published 09 Jun, 2011 12:00am
Power supply free of cost: Finance directed to withdraw facility

Power supply free of cost: Finance directed to withdraw facility

The Cabinet has directed the Finance Ministry to withdraw free electricity facility to about 176,000 employees of Wapda/Pepco, a longstanding demand of the lawmakers, sources close to Finance Minister told Business Recorder. This issue came under h
Published 09 Jun, 2011 12:00am
China proposes $15 billion Indus dam scheme: Financial Times

China proposes $15 billion Indus dam scheme: Financial Times

China's Three Gorges Project Corporation has proposed a $15 billion hydropower scheme to Pakistan to dam the Indus river valley at several points in a project aimed at controlling floods and tackling electricity shortages, reports Financial Times.
Published 09 Jun, 2011 12:00am
China proposes $15 billion Indus dam scheme: Financial Times

China proposes $15 billion Indus dam scheme: Financial Times

China's Three Gorges Project Corporation has proposed a $15 billion hydropower scheme to Pakistan to dam the Indus river valley at several points in a project aimed at controlling floods and tackling electricity shortages, reports Financial Times.
Published 09 Jun, 2011 12:00am
China proposes $15 billion Indus dam scheme: Financial Times

China proposes $15 billion Indus dam scheme: Financial Times

China''s Three Gorges Project Corporation has proposed a $15 billion hydropower scheme to Pakistan to dam the Indus river valley at several points in a project aimed at controlling floods and tackling electricity shortages, reports Financial Times.
Published 09 Jun, 2011 12:00am
China proposes $15 billion Indus dam scheme: Financial Times

China proposes $15 billion Indus dam scheme: Financial Times

China''''s Three Gorges Project Corporation has proposed a $15 billion hydropower scheme to Pakistan to dam the Indus river valley at several points in a project aimed at controlling floods and tackling electricity shortages, reports Financial Times.</
Published 09 Jun, 2011 12:00am
Commencement of operation: SBP grants 80-day extension to ICBC

Commencement of operation: SBP grants 80-day extension to ICBC

The State Bank of Pakistan (SBP) has granted an 80-days extension to Industrial and Commercial Bank of China (ICBC) for commencing operation in Pakistan. Sources in banking sector told Business Recorder on Wednesday that the formal launching of Chi
Published 09 Jun, 2011 12:00am
Commencement of operation: SBP grants 80-day extension to ICBC

Commencement of operation: SBP grants 80-day extension to ICBC

The State Bank of Pakistan (SBP) has granted an 80-days extension to Industrial and Commercial Bank of China (ICBC) for commencing operation in Pakistan. Sources in banking sector told Business Recorder on Wednesday that the formal launching of Chi
Published 09 Jun, 2011 12:00am
Commencement of operation: SBP grants 80-day extension to ICBC

Commencement of operation: SBP grants 80-day extension to ICBC

The State Bank of Pakistan (SBP) has granted an 80-days extension to Industrial and Commercial Bank of China (ICBC) for commencing operation in Pakistan. Sources in banking sector told Business Recorder on Wednesday that the formal launching of Chi
Published 09 Jun, 2011 12:00am
Al-Zawahiri vows jihad in bin Laden eulogy: SITE

Al-Zawahiri vows jihad in bin Laden eulogy: SITE

Ayman al-Zawahiri, al Qaeda's long-time number two, has vowed in a video eulogy to Osama bin Laden that he will pursue his late leader's jihad against the West, SITE Intelligence Group reported on Wednesday. "We will pursue the jihad until we expel the in
Published 09 Jun, 2011 12:00am
Al-Zawahiri vows jihad in bin Laden eulogy: SITE

Al-Zawahiri vows jihad in bin Laden eulogy: SITE

Ayman al-Zawahiri, al Qaeda's long-time number two, has vowed in a video eulogy to Osama bin Laden that he will pursue his late leader's jihad against the West, SITE Intelligence Group reported on Wednesday. "We will pursue the jihad until we expel the in
Published 09 Jun, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Jun, 2011 12:00am
Sindh Assembly passes Thar Coal and Energy Board Bill

Sindh Assembly passes Thar Coal and Energy Board Bill

The Sindh Assembly on Wednesday unanimously passed the Thar Coal and Energy Board Bill, 2011 into law aimed at utilising huge coal reserves to meet the country's soaring energy demand and attract foreign investment in coal mining and power generation proj
Published 09 Jun, 2011 12:00am
Sindh Assembly passes Thar Coal and Energy Board Bill

Sindh Assembly passes Thar Coal and Energy Board Bill

The Sindh Assembly on Wednesday unanimously passed the Thar Coal and Energy Board Bill, 2011 into law aimed at utilising huge coal reserves to meet the country's soaring energy demand and attract foreign investment in coal mining and power generation proj
Published 09 Jun, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 09 Jun, 2011 12:00am
Sindh Assembly passes Thar Coal and Energy Board Bill

Sindh Assembly passes Thar Coal and Energy Board Bill

The Sindh Assembly on Wednesday unanimously passed the Thar Coal and Energy Board Bill, 2011 into law aimed at utilising huge coal reserves to meet the country''s soaring energy demand and attract foreign investment in coal mining and power generation pro
Published 09 Jun, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Jun, 2011 12:00am
Sindh Assembly passes Thar Coal and Energy Board Bill

Sindh Assembly passes Thar Coal and Energy Board Bill

The Sindh Assembly on Wednesday unanimously passed the Thar Coal and Energy Board Bill, 2011 into law aimed at utilising huge coal reserves to meet the country''''s soaring energy demand and attract foreign investment in coal mining and power generation p
Published 09 Jun, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Jun, 2011 12:00am
Long-term financing needs: steps under consideration, says Waqar

Long-term financing needs: steps under consideration, says Waqar

Secretary Finance Dr Waqar Masood said on Wednesday the federal government was considering setting up Infrastructure Bank and Mortgage Refinancing Institution to meet the long-term financing needs. The Secretary Finance disclosed this here during the meet
Published 09 Jun, 2011 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 09 Jun, 2011 12:00am
Long-term financing needs: steps under consideration, says Waqar

Long-term financing needs: steps under consideration, says Waqar

Secretary Finance Dr Waqar Masood said on Wednesday the federal government was considering setting up Infrastructure Bank and Mortgage Refinancing Institution to meet the long-term financing needs. The Secretary Finance disclosed this here during the meet
Published 09 Jun, 2011 12:00am
Long-term financing needs: steps under consideration, says Waqar

Long-term financing needs: steps under consideration, says Waqar

Secretary Finance Dr Waqar Masood said on Wednesday the federal government was considering setting up Infrastructure Bank and Mortgage Refinancing Institution to meet the long-term financing needs. The Secretary Finance disclosed this here during the meet
Published 09 Jun, 2011 12:00am
Karzai arrives on June 10

Karzai arrives on June 10

On the invitation of President Asif Ali Zardari, President Hamid Karzai of the Islamic Republic of Afghanistan will visit Pakistan on June 10-11, 2011. Pakistan and Afghanistan enjoy close cordial relations. President Karzai's visit will contribute to fur
Published 09 Jun, 2011 12:00am
Karzai arrives on June 10

Karzai arrives on June 10

On the invitation of President Asif Ali Zardari, President Hamid Karzai of the Islamic Republic of Afghanistan will visit Pakistan on June 10-11, 2011. Pakistan and Afghanistan enjoy close cordial relations. President Karzai's visit will contribute to fur
Published 09 Jun, 2011 12:00am
US missiles kill 20

US missiles kill 20

US missiles struck an alleged militant training camp in North Waziristan on Wednesday, killing 20 fighters close to the Afghan border, security officials said. The camp in the Shawal area was said to be run by fighters loyal to Pakistani warlord Hafiz Gul
Published 09 Jun, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (June 08, 2011).

Published 09 Jun, 2011 12:00am
Exporters saved wheat price from crashing

Exporters saved wheat price from crashing

Wheat exporters saved the wheat prices from crashing and ensured the growers fair price of their produce as the country had a bumper crop this season and the provincial government had a carry over stock of 2 million tons in its godowns, food department of
Published 09 Jun, 2011 12:00am
Terrorist will soon be flushed out of country: Malik

Terrorist will soon be flushed out of country: Malik

PPP-led Government has won the battles against terrorists with the active support of the people and time is not far when every terrorist will be flushed out of Pakistan, said Rehman Malik, Federal Minister for Interior said here on Wednesday.
Published 09 Jun, 2011 12:00am
Prime Minister meets President

Prime Minister meets President

Prime Minister Syed Yousaf Raza Gilani called on President Asif Ali Zardari at Aiwan-e-Sadr on Wednesday and discussed current political situation of the country. Later, Chief of Army Staff General Ashfaq Parvez Kayani also joined the meeting. Security si
Published 09 Jun, 2011 12:00am
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