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Archive - 2011-07-23
Blasts in Tripoli and suburbs
Africa

Blasts in Tripoli and suburbs

TRIPOLI : Explosions rocked Tripoli and its suburbs overnight, an AFP journalist said Sunday, adding that planes were
Published 23 Jul, 2011 11:25pm
Tunisia grain crop doubles
Commodities

Tunisia grain crop doubles

TUNIS : Tunisia gathered in 2.3 million tonnes of cereals in the 2011 harvest, twice as much as last year, the Agricul
Published 23 Jul, 2011 02:53pm
FFC profit to reach Rs18bn
Markets

FFC profit to reach Rs18bn

LAHORE : Pakistan 's largest urea manufacturer, Fauji Fertilizer Corporation (FFC), with a 40 percent market share, has
Published 23 Jul, 2011 02:02pm
MQM lawmakers are still ministers
Top News

MQM lawmakers are still ministers

ISLAMABAD : Prime Minister Syed Yousuf Raza Gilani said the resignations by members of Muttahida Qaumi Movement (MQM) ha
Published 23 Jul, 2011 01:57pm
China 'guarantees' South China Sea trade
Top News

China 'guarantees' South China Sea trade

NUSA DUA: China on Saturday "guaranteed" freedom of navigation in the South China Sea, as it came under renewed US press
Published 23 Jul, 2011 09:21am
Vietnam sees inflation at 22pc in July
Top News

Vietnam sees inflation at 22pc in July

HANOI : Vietnam's inflation rate, already one of the world's highest, accelerated for the 11th straight month in July, a
Published 23 Jul, 2011 08:30am
Norway twin attacks toll mounts to 91
Top News

Norway twin attacks toll mounts to 91

OSLO: Twin shooting and bomb attacks left at least 91 dead in western Europe's deadliest carnage since the 2004 Madrid b
Published 23 Jul, 2011 07:25am
FY2010-11: fiscal deficit at almost six percent of GDP

FY2010-11: fiscal deficit at almost six percent of GDP

The net revenue collection of the Federal Board of Revenue (FBR) for 2010-11 stood at Rs 1550 billion against the annual target of Rs 1588 billion, reflecting a shortfall of Rs 38 billion. It is learnt here on Friday that the reconciled figures of the FBR
Published 23 Jul, 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 Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
APTTA operations suspended for 60 days

APTTA operations suspended for 60 days

The Federal Board of Revenue (FBR) on Friday suspended operations relating to the Afghanistan Pakistan Transit Trade Agreement (APTTA) and Afghanistan Pakistan Transit Trade Rules for 60 days to defer implementation of the relevant provisions of the agree
Published 23 Jul, 2011 12:00am
APTTA operations suspended for 60 days

APTTA operations suspended for 60 days

The Federal Board of Revenue (FBR) on Friday suspended operations relating to the Afghanistan Pakistan Transit Trade Agreement (APTTA) and Afghanistan Pakistan Transit Trade Rules for 60 days to defer implementation of the relevant provisions of the agree
Published 23 Jul, 2011 12:00am
APTTA operations suspended for 60 days

APTTA operations suspended for 60 days

The Federal Board of Revenue (FBR) on Friday suspended operations relating to the Afghanistan Pakistan Transit Trade Agreement (APTTA) and Afghanistan Pakistan Transit Trade Rules for 60 days to defer implementation of the relevant provisions of the agree
Published 23 Jul, 2011 12:00am
APTTA operations suspended for 60 days

APTTA operations suspended for 60 days

The Federal Board of Revenue (FBR) on Friday suspended operations relating to the Afghanistan Pakistan Transit Trade Agreement (APTTA) and Afghanistan Pakistan Transit Trade Rules for 60 days to defer implementation of the relevant provisions of the agree
Published 23 Jul, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed at Lahore Stock Exchange on Friday where equities, after moving up and down, ended with marginal gains amid marginally increased trading turnover.
Published 23 Jul, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed at Lahore Stock Exchange on Friday where equities, after moving up and down, ended with marginal gains amid marginally increased trading turnover.
Published 23 Jul, 2011 12:00am
ISE index up 13.44 points

ISE index up 13.44 points

Equities moved both ways at Islamabad Stock Exchange (ISE) on Friday where investors adopted cautious approach amid increase in index. The ISE-10 Index showed an improvement of 13.44 points to 2,799.40 points from 2,785.96 points. Turnover amounted to 39,
Published 23 Jul, 2011 12:00am
ISE index up 13.44 points

ISE index up 13.44 points

Equities moved both ways at Islamabad Stock Exchange (ISE) on Friday where investors adopted cautious approach amid increase in index. The ISE-10 Index showed an improvement of 13.44 points to 2,799.40 points from 2,785.96 points. Turnover amounted to 39,
Published 23 Jul, 2011 12:00am
Russian Investment Agency office set up

Russian Investment Agency office set up

Russian Federation has set up an office of Russian Investment Agency (RIA) in Pakistan aimed at exploring possibility of enhanced commercial and economic co-operation, it was learnt.
Published 23 Jul, 2011 12:00am
Russian Investment Agency office set up

Russian Investment Agency office set up

Russian Federation has set up an office of Russian Investment Agency (RIA) in Pakistan aimed at exploring possibility of enhanced commercial and economic co-operation, it was learnt.
Published 23 Jul, 2011 12:00am
Russian Investment Agency office set up

Russian Investment Agency office set up

Russian Federation has set up an office of Russian Investment Agency (RIA) in Pakistan aimed at exploring possibility of enhanced commercial and economic co-operation, it was learnt.
Published 23 Jul, 2011 12:00am
Kurdish rebels kill Iranian commander, five guards

Kurdish rebels kill Iranian commander, five guards

Members of the Kurdish rebel group Free Life Party of Kurdistan (PJAK) killed a commander and five senior forces of the Iranian Revolutionary Guards (IRGC) in north-western Iran, the IRGC said Friday in a statement.
Published 23 Jul, 2011 12:00am
Kurdish rebels kill Iranian commander, five guards

Kurdish rebels kill Iranian commander, five guards

Members of the Kurdish rebel group Free Life Party of Kurdistan (PJAK) killed a commander and five senior forces of the Iranian Revolutionary Guards (IRGC) in north-western Iran, the IRGC said Friday in a statement.
Published 23 Jul, 2011 12:00am
US Senate kills Republican debt bill

US Senate kills Republican debt bill

President Barack Obama's Democratic allies in the Senate killed a Republican bill Friday that would have required steep spending cuts and a balanced budget as the price for averting an early August debt default.
Published 23 Jul, 2011 12:00am
US Senate kills Republican debt bill

US Senate kills Republican debt bill

President Barack Obama's Democratic allies in the Senate killed a Republican bill Friday that would have required steep spending cuts and a balanced budget as the price for averting an early August debt default.
Published 23 Jul, 2011 12:00am
Pakistan has to go for new IMF programme: If 5th Review talks fail

Pakistan has to go for new IMF programme: If 5th Review talks fail

Pakistan has to go for a new International Monetary Fund (IMF) programme if it fails to convince the Fund in the talks under the Fifth Review expected to be held in August. Well-placed sources told Business Recorder here on Friday that the discussi
Published 23 Jul, 2011 12:00am
Pakistan has to go for new IMF programme: If 5th Review talks fail

Pakistan has to go for new IMF programme: If 5th Review talks fail

Pakistan has to go for a new International Monetary Fund (IMF) programme if it fails to convince the Fund in the talks under the Fifth Review expected to be held in August. Well-placed sources told Business Recorder here on Friday that the discussi
Published 23 Jul, 2011 12:00am
Pakistan has to go for new IMF programme: If 5th Review talks fail

Pakistan has to go for new IMF programme: If 5th Review talks fail

Pakistan has to go for a new International Monetary Fund (IMF) programme if it fails to convince the Fund in the talks under the Fifth Review expected to be held in August. Well-placed sources told Business Recorder here on Friday that the discussi
Published 23 Jul, 2011 12:00am
Malaysia holds French lawyer in submarine probe

Malaysia holds French lawyer in submarine probe

Malay-sian officials on Friday detained a French lawyer who represents a human rights group involved in an inquiry into alleged corruption linked to Prime Minister Najib Razak, an activist said. The Malaysian government has dismissed graft allegations lin
Published 23 Jul, 2011 12:00am
Malaysia holds French lawyer in submarine probe

Malaysia holds French lawyer in submarine probe

Malay-sian officials on Friday detained a French lawyer who represents a human rights group involved in an inquiry into alleged corruption linked to Prime Minister Najib Razak, an activist said. The Malaysian government has dismissed graft allegations lin
Published 23 Jul, 2011 12:00am
Jordan protesters burn US flag, denounce meddling

Jordan protesters burn US flag, denounce meddling

Scores of Jordanian protesters demanding democratic changes from their king burned an American flag Friday, denouncing what they called attempts by Washington to interfere in the reform movement. About 300 protesters, mostly leftists and nationalists, cha
Published 23 Jul, 2011 12:00am
Jordan protesters burn US flag, denounce meddling

Jordan protesters burn US flag, denounce meddling

Scores of Jordanian protesters demanding democratic changes from their king burned an American flag Friday, denouncing what they called attempts by Washington to interfere in the reform movement. About 300 protesters, mostly leftists and nationalists, cha
Published 23 Jul, 2011 12:00am
Musharraf says Pakistan not complicit on Osama

Musharraf says Pakistan not complicit on Osama

Pakistan's former President Pervez Musharraf said on Thursday that "absolute negligence, and not complicity" was behind his country's Osama bin Laden fiasco, and Washington and Islamabad must put that episode behind them and rebuild trust.
Published 23 Jul, 2011 12:00am
Musharraf says Pakistan not complicit on Osama

Musharraf says Pakistan not complicit on Osama

Pakistan's former President Pervez Musharraf said on Thursday that "absolute negligence, and not complicity" was behind his country's Osama bin Laden fiasco, and Washington and Islamabad must put that episode behind them and rebuild trust.
Published 23 Jul, 2011 12:00am
Family-owned banks remain top performers

Family-owned banks remain top performers

Family-owned banks remained top performers in 2010, according to an analysis carried out by the Chartered Financial Analysts' Association of Pakistan. When analysed, the banks operating in the country to match the tough criteria set for CFAAP Awards 2010,
Published 23 Jul, 2011 12:00am
Family-owned banks remain top performers

Family-owned banks remain top performers

Family-owned banks remained top performers in 2010, according to an analysis carried out by the Chartered Financial Analysts' Association of Pakistan. When analysed, the banks operating in the country to match the tough criteria set for CFAAP Awards 2010,
Published 23 Jul, 2011 12:00am
Family-owned banks remain top performers

Family-owned banks remain top performers

Family-owned banks remained top performers in 2010, according to an analysis carried out by the Chartered Financial Analysts'' Association of Pakistan. When analysed, the banks operating in the country to match the tough criteria set for CFAAP Awards 2010
Published 23 Jul, 2011 12:00am
Dad of NYC subway bomb plotter is convicted

Dad of NYC subway bomb plotter is convicted

The father of an admitted terrorist was convicted Friday of charges he destroyed evidence and lied to investigators to cover up his son's al-Qaida-sanctioned plot to attack the New York City subways in 2009 as one of a trio of suicide bombers.
Published 23 Jul, 2011 12:00am
Dad of NYC subway bomb plotter is convicted

Dad of NYC subway bomb plotter is convicted

The father of an admitted terrorist was convicted Friday of charges he destroyed evidence and lied to investigators to cover up his son's al-Qaida-sanctioned plot to attack the New York City subways in 2009 as one of a trio of suicide bombers.
Published 23 Jul, 2011 12:00am
CoAS meets Prime Minister

CoAS meets Prime Minister

Chief of the Army Staff, General Ashfaq Pervez Kayani called on Prime Minister Syed Yousuf Raza Gilani here at the PM's House on Friday and discussed the overall security situation of the country. The Army Chief also briefed the Prime Minister about the o
Published 23 Jul, 2011 12:00am
CoAS meets Prime Minister

CoAS meets Prime Minister

Chief of the Army Staff, General Ashfaq Pervez Kayani called on Prime Minister Syed Yousuf Raza Gilani here at the PM's House on Friday and discussed the overall security situation of the country. The Army Chief also briefed the Prime Minister about the o
Published 23 Jul, 2011 12:00am
MQM to play role of real opposition: Raza Haroon

MQM to play role of real opposition: Raza Haroon

Raza Haroon, leader of Muttahida Qaumi Movement (MQM), has dispelled the impression that MQM would be a friendly opposition, saying that his party is real opposition. Talking to newsmen prior to the Sindh Assembly's session here on Friday, he said MQM's m
Published 23 Jul, 2011 12:00am
Imran urges army to support judiciary

Imran urges army to support judiciary

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has urged the army to support the judiciary in implementing its verdicts. He expressed these views while addressing a press conference here on Friday. He was of the view if the army desires to play a role
Published 23 Jul, 2011 12:00am
Pakistan recognises South Sudan

Pakistan recognises South Sudan

Prime Minister, Syed Yusuf Raza Gilani has approved the recognition of Republic of South Sudan as the newest independent country.
Published 23 Jul, 2011 12:00am
Quake hits Mansehra

Quake hits Mansehra

A magnitude 3.8 earthquake hit Mansehra and adjoining areas on Friday afternoon, private television news channels reported. The epicentre of the quake was recorded 44 kilometres from Mansehra district. No loss of life was reported from any parts of the di
Published 23 Jul, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Jul, 2011 12:00am
UK contributed over Rs 28.5 billion to help flood survivors: HC

UK contributed over Rs 28.5 billion to help flood survivors: HC

The British government has contributed more than rupees 18.5 billion to help millions of people affected by the floods in Pakistan besides 10 billion rupees from British public that has been changing lives of people of the affected areas.
Published 23 Jul, 2011 12:00am
Kashmir Conference postponed

Kashmir Conference postponed

Parliamentary Special Committee on Kashmir on Friday postponed the forthcoming Kashmir Conference which was scheduled to be held on July 28 in Islamabad. According to office of the Committee, the Conference has been postponed as per decision of Chairman K
Published 23 Jul, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Jul, 2011 12:00am
PML-N did nothing for welfare of masses: Babar

PML-N did nothing for welfare of masses: Babar

Former law Minister, Senator Babar Awan said on Friday that Pakistan Muslim League Nawaz (PML-N) has done nothing for the welfare of poor masses. Talking to media outside the parliament, he said PML-N has no political agenda and has done nothing for the w
Published 23 Jul, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Jul, 2011 12:00am
National Assembly prorogued sine die

National Assembly prorogued sine die

Although the opposition had requisitioned the 32nd session of the National Assembly but its leader Chaudhry Nisar Ali Khan failed to turn up for which the Deputy Speaker prorogued the House sine die.
Published 23 Jul, 2011 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 23 Jul, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Jul, 2011 12:00am
MQM, PML-N walkout from National Assembly over Karachi violence

MQM, PML-N walkout from National Assembly over Karachi violence

Muttahida Qaumi Movement (MQM) and Pakistan Muslim League-Nawaz (PML-N) staged walkout from the National Assembly on Friday in protest against the recent incidents of violence in Karachi. While speaking on the floor of the National Assembly, Sajid Ahmed a
Published 23 Jul, 2011 12:00am
Presentation

Presentation

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

Published 23 Jul, 2011 12:00am
Pakistan desires 'meaningful' talks with India: Gilani

Pakistan desires 'meaningful' talks with India: Gilani

Prime Minister Syed Yousuf Raza Gilani said Pakistan desires "meaningful" talks with India and discuss all the core issues, so as to help the two countries move forward. In an interview with the British wire service during his stay, Gilani said the two fo
Published 23 Jul, 2011 12:00am
Pakistan Railways to introduce new pension payment system

Pakistan Railways to introduce new pension payment system

Pakistan Railways decided to introduce new system for its pensioners. The monthly pension of the retired employees of Pakistan Railways will be transferred directly to their personal bank accounts, private news channel reported on Friday.
Published 23 Jul, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
Information officers: Prime Minister approves creation of 10 addl posts

Information officers: Prime Minister approves creation of 10 addl posts

Prime Minister Syed Yousuf Raza Gilani on Friday approved the creation of 10 additional vacancies of Information Officers in order to accommodate the candidates of CSS Examination-2006. These officers lost their positions in consequence of the Lahore High
Published 23 Jul, 2011 12:00am
Afghan refugees' camp UNHCR calls for resolution of land issue

Afghan refugees' camp UNHCR calls for resolution of land issue

The UNHCR has called for resolution of land issue of Azakhel Afghan refugees' camp in district Nowshera, as the refugees are unable to return to their damaged settlement, displaced by last year's flash floods in Khyber Pakhtunkhwa.
Published 23 Jul, 2011 12:00am
Man killed, two injured in Capital

Man killed, two injured in Capital

A man was shot dead and two others injured in different incidents in Federal Capital during last 24 hours. According to details, 18 incidents of crime of different nature were reported in Federal Capital during last 24 hours in which Capital Police arrest
Published 23 Jul, 2011 12:00am
CID arrests 11 criminals, seizes arms and drugs

CID arrests 11 criminals, seizes arms and drugs

Crime Investigation Department (CID) of Sindh police on Friday claimed to have arrested 11 notorious criminals and recovered huge cache of arms, drugs, cash and vehicles from their possession.
Published 23 Jul, 2011 12:00am
OPF to establish new educational institutions

OPF to establish new educational institutions

Overseas Pakistanis Foundation (OPF) has decided to formulate a comprehensive policy to establish new education institutions for children of Overseas Pakistanis.
Published 23 Jul, 2011 12:00am
NICL scam: Commerce minister denies charges

NICL scam: Commerce minister denies charges

Senior Commerce Minister Makhdoom Amin has denied charges of financial embezzlement in NICL scam. Chaudhry Moonis Elahi, son of senior Minister Chaudhry Pervez Elahi, is also facing such charges and his case is in the Lahore High Court (LHC). Former Chair
Published 23 Jul, 2011 12:00am
Two-day Women Entrepreneurs Eid Expo from today

Two-day Women Entrepreneurs Eid Expo from today

The two-day inter-provincial Women Entrepreneurs Eid Expo would start here on Saturday, (July 23) with an aim to provide an opportunity to the women entrepreneurs of Punjab and Khyber Pakhtunkhwa to expand their businesses. The expo has been organised by
Published 23 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
Iesco power suspension notice

Iesco power suspension notice

According to Iesco spokesman, due to electricity maintenance/development work the power supply of the areas fall under the following feeders would remain suspended as under:
Published 23 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
Walking away from Pakistan relationship not an option: US

Walking away from Pakistan relationship not an option: US

The US-Pak relationship is complicated and important, but walking away from the ties with the key regional country is not an option, said President Barack Obama's National Security Advisor. Tom Donilon also acknowledged, in an appearance in 'Charlie Rose
Published 23 Jul, 2011 12:00am
SECP registers 3,400 companies during 2010-11

SECP registers 3,400 companies during 2010-11

The Securities and Exchange Commission of Pakistan (SECP) registered 3,400 companies during the financial year 2010-11, as compared to 3,041 companies registered during last year, ie, an increase of 12 percent. According to press release, the total corpor
Published 23 Jul, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
Shapalam Bridge reopened in Dir Upper

Shapalam Bridge reopened in Dir Upper

The district administration reopened Shapalam Bridge in district Dir Upper that was washed away during last year's devastating floods. Dr Fakhar Alam, Commissioner Malakand division formally reopened the Bridge here on Friday. District communication offic
Published 23 Jul, 2011 12:00am
Five percent ST on imported raw materials: PCDMA criticises FBR decision

Five percent ST on imported raw materials: PCDMA criticises FBR decision

The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has strongly contested the decision of Federal Board of Revenue (FBR) for imposing 5 percent sales tax on import of 148 raw materials, dyes/chemicals and goods under revamped zero-rating scheme
Published 23 Jul, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (July 22, 2011) and for Saturday (July 23, 2011).
Published 23 Jul, 2011 12:00am
SNGPL laid 15,200 kilometers' pipelines during 2008-11

SNGPL laid 15,200 kilometers' pipelines during 2008-11

The Sui-Northern Gas Pipeline (SNGPL) Company has laid 15,200 kilometers' pipelines during three years 2008-11 against a total planned network of 25,640 kilometers. According to official documents available with Business Recorder, the company has complete
Published 23 Jul, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
US, Thailand and Bangladesh congratulate Hina

US, Thailand and Bangladesh congratulate Hina

US Secretary of State Hillary Rodham Clinton has written to Foreign Minister Hina Rabbani Khar to congratulate her on appointment as Pakistan's Foreign Minister.
Published 23 Jul, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 19, 2011.

Published 23 Jul, 2011 12:00am
Professor Naib new vice chancellor of Mirpur university

Professor Naib new vice chancellor of Mirpur university

Professor Naib Hussain Chaudhry has been appointed as Vice Chancellor of Mirpur University of Science and Technology (MUST). The sources told newsmen on Friday, he was a seasoned educationalist and had earlier been holding the prestigious offices of Dean
Published 23 Jul, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 19, 2011.

Published 23 Jul, 2011 12:00am
Aptma sets FY12 as year of investment

Aptma sets FY12 as year of investment

All Pakistan Textile Mills Association (Aptma) leadership has set current fiscal year as a year of investment provided the government accepts Aptma proposal of bringing interest to 7 percent and ensure 7 days a week gas supply to the textile industry to h
Published 23 Jul, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 19, 2011.

Published 23 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 23 Jul, 2011 12:00am
FAP demands to fill vacant posts at PARB

FAP demands to fill vacant posts at PARB

In an urgent meeting of Board of Directors of Farmers Associates Pakistan (FAP) held here on Friday under the Chairmanship of Syed Hussain Jahania Gardezi, Vice-Chairman FAP, the members of Board of Directors FAP demanded to fill the vacant posts of the P
Published 23 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 23 Jul, 2011 12:00am
Punjab Assembly session prorogued due to lack of quorum

Punjab Assembly session prorogued due to lack of quorum

Opposition benches of Punjab Assembly in its 28th session here on Friday stressed upon the Chair Rana Muhammad Iqbal to issue production order of opposition legislator Moonis Elahi. The Chair on the occasion refused to comply with the demand stating that
Published 23 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
Ginners asked to follow FBR rules

Ginners asked to follow FBR rules

Vice Chairman Pakistan Cotton Ginners' Association (PCGA) has said ginners should strictly abide by the rules and regulations laid by Federal Board Revenue as they were declared withholding agents and they are binding to deduct 10 percent withholding tax
Published 23 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Friday (July 22, 2011) and the forecast for Saturday (July 23, 2011).

Published 23 Jul, 2011 12:00am
Seed companies' registration with SAP to be made mandatory

Seed companies' registration with SAP to be made mandatory

The government is all set to make mandatory registration of seed companies with Seed Association of Pakistan (SAP) in order to monitor the seed business. To issue a formal notification, DG FSC&RD Syed Mohammad Nasir Ali had a meeting with the executive co
Published 23 Jul, 2011 12:00am
Power situation remains tense

Power situation remains tense

Power situation remained tense during last 24 hours, inviting public resentment and protests in different parts of the country. Power generation stood at 13,649MW against a demand of 19,230MW, putting the accumulative load-shedding to 5,581MW. Hydel, ther
Published 23 Jul, 2011 12:00am
SU students visit UVAS

SU students visit UVAS

Vice Chancellor University of Veterinary and Animal Sciences (UVAS), Prof Dr Muhammad Nawaz has said hard work, seriousness towards profession and devotion make a man successful in life. He was addressing the delegation of Sindh Agriculture University (SA
Published 23 Jul, 2011 12:00am
Pentagon and its supporters brace for deeper cuts

Pentagon and its supporters brace for deeper cuts

The Pentagon and its supporters are bracing for the likelihood of much deeper reductions in the US military's budget, as budget negotiators now eye defence cuts of $800 billion or more over the next decade.
Published 23 Jul, 2011 12:00am
Thousands protest in Syria, 11 killed

Thousands protest in Syria, 11 killed

Syrian forces shot dead at least 11 people and hundreds of thousands demanded an end to President Bashar al-Assad's autocratic rule in widening protests on Friday, rights activists and witnesses said. Five civilians were killed overnight in Homs, 165 km (
Published 23 Jul, 2011 12:00am
Heatwave causes brownouts in NYC

Heatwave causes brownouts in NYC

A brutal heatwave caused brownouts as homes and businesses in New York City and Westchester County crank up their air conditioners and could push power usage to a new all-time record on Friday, said power provider Consolidated Edison.
Published 23 Jul, 2011 12:00am
Prince Andrew steps down from trade role

Prince Andrew steps down from trade role

Prince Andrew has stepped down from his role as Britain's roving trade ambassador, months after he was pilloried by the media for his friendship with a convicted US paedophile and having contacts with the son of Libyan leader Muammar Qadhafi.
Published 23 Jul, 2011 12:00am
UN plan sees transition government, no role for Qadhafi

UN plan sees transition government, no role for Qadhafi

A UN envoy will seek to persuade warring parties in Libya to accept a plan that envisages a cease-fire and a power-sharing government, but with no role for Muammar Qadhafi, a European diplomat said. The diplomat said the informal proposals would be canvas
Published 23 Jul, 2011 12:00am
China bus blaze kills 41

China bus blaze kills 41

A fire on an overcrowded bus carrying flammable materials killed 41 passengers in central China on Friday, state television reported, in one of the country's worst road accidents this year.
Published 23 Jul, 2011 12:00am
US appeals court strikes down SEC's proxy access

US appeals court strikes down SEC's proxy access

A US appeals court has rejected a new Securities and Exchange Commission rule designed to make it easier for shareholders to nominate directors to corporate boards. In a major blow to the SEC, the US Court of Appeals for the District of Columbia Circuit s
Published 23 Jul, 2011 12:00am
US appeals court strikes down SEC's proxy access

US appeals court strikes down SEC's proxy access

A US appeals court has rejected a new Securities and Exchange Commission rule designed to make it easier for shareholders to nominate directors to corporate boards. In a major blow to the SEC, the US Court of Appeals for the District of Columbia Circuit s
Published 23 Jul, 2011 12:00am
Nine dead in second Thai chopper crash

Nine dead in second Thai chopper crash

Thai rescuers have found the bodies of all nine people on board a Thai army helicopter that went down earlier this week as it flew to the site of a previous crash, the military said Friday.
Published 23 Jul, 2011 12:00am
Senate rejects House budget-cutting plan

Senate rejects House budget-cutting plan

The Senate on Friday firmly rejected a House Republican bill to slash spending and require a balanced-budget amendment, leaving unresolved with just days to go the urgent issue of increasing the nation's borrowing powers and averting a potentially devasta
Published 23 Jul, 2011 12:00am
Iran's guards deny shooting down US drone

Iran's guards deny shooting down US drone

Iran's Revolutionary Guards Corps (IRGC) on Friday denied media reports that the IRGC had shot down a US drone over the unfinished Fordo nuclear site in central Iran. In a statement carried by Fars news agency, the IRGC said US drones could not enter Iran
Published 23 Jul, 2011 12:00am
Serbia extradites last major war crimes suspect

Serbia extradites last major war crimes suspect

Serbia extradited the last ethnic Serb wanted by the UN war crimes tribunal for the former Yugoslavia to The Hague on Friday, in a symbolic moment for the once-pariah Balkan nation's European future. Goran Hadzic, a wartime leader of Croatia's Serbs, land
Published 23 Jul, 2011 12:00am
Saudi king appoints son deputy foreign minister

Saudi king appoints son deputy foreign minister

Saudi Arabia's King Abdullah has appointed his son deputy foreign minister with the rank of minister, the official SPA news agency said on Friday. "The king appoints Prince Abdel Aziz bin Abdullah bin Abdel Aziz as deputy foreign minister with the rank of
Published 23 Jul, 2011 12:00am
Saudi terror law 'would strangle peaceful protest'

Saudi terror law 'would strangle peaceful protest'

A proposed Saudi anti-terror law threatens to strangle peaceful dissent in the Muslim kingdom, Amnesty International said Friday, calling on King Abdullah to reconsider the changes.
Published 23 Jul, 2011 12:00am
Yuan at all-time high

Yuan at all-time high

The yuan closed at an all-time trading high against the dollar on Friday after the People's Bank of China fixed the currency's mid-point at a record high for the third day in a row. But the yuan's strength lagged the 1 percent fall in the US Dollar Index
Published 23 Jul, 2011 12:00am
Swiss franc falls

Swiss franc falls

The Swiss franc fell against the euro on Friday, with riskier assets broadly helped by news European leaders agreed on a package to rescue debt-stricken Greece.
Published 23 Jul, 2011 12:00am
Sterling off five-week high

Sterling off five-week high

Sterling took a breather on Friday, retreating from a five-week high against the dollar, but was on track for its best weekly performance since late May as investors cheered a eurozone deal on Greece.
Published 23 Jul, 2011 12:00am
New Zealand and Aussie dollar steady

New Zealand and Aussie dollar steady

The New Zealand dollar eyed a 30-year high while the Aussie hovered close to a two-month peak on Friday, as investors piled into risk after European leaders finally made progress in dealing with Greece's debt problems.
Published 23 Jul, 2011 12:00am
Singapore dollar and won rally

Singapore dollar and won rally

The Singapore dollar rose to a new record and the South Korean won hit a near three-year peak on Friday as a European package to rescue Greece led investors to buy emerging Asian currencies, despite intervention by Asian authorities and technical signs be
Published 23 Jul, 2011 12:00am
Indian rupee climbs

Indian rupee climbs

The Indian rupee rose on Friday as euro regained poise against the dollar propelled by a more ambitious than expected second rescue package for Greece, and as local shares gained, but dollar demand from oil importers prevented a sharper rise. The partiall
Published 23 Jul, 2011 12:00am
Euro rallies in New York

Euro rallies in New York

The euro rallied to a two-week high against the dollar on Thursday after eurozone officials agreed on measures to solve Greece's debt troubles, easing fears the country's debt crisis would spread.
Published 23 Jul, 2011 12:00am
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