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Archive - 2011-10-13
ECC to import 100,000 tons sugar
Top News

ECC to import 100,000 tons sugar

ISLAMABAD : The Economic Coordination Committee of the Cabinet here on Thursday approved to import 100,000 tons of sugar
Published 13 Oct, 2011 04:58pm
Thar coal, energy projects in motion
Top News

Thar coal, energy projects in motion

MIRPURKHAS: The work on Thar Coal and Energy Project is in full swing as out of four, the study on two blocks of the
Published 13 Oct, 2011 11:41am
Forex reserves fall to $17.17bn
Top News

Forex reserves fall to $17.17bn

KARACHI: Pakistan's foreign exchange reserves fell to $17.17 billion in the week ending Oct. 8 from $17.35 billion the p
Published 13 Oct, 2011 09:46am
Commander ISAF calls on COAS at GHQ
Top News

Commander ISAF calls on COAS at GHQ

RAWALPINDI: General Jhon Allen, Commander International Security Assistance Force (ISAF) called on Chief of Army Staff,
Published 13 Oct, 2011 09:44am
Nepal bus crash kills 43
Top News

Nepal bus crash kills 43

KATHMANDU: At least 43 people were killed Thursday when a bus veered off a mountain road in eastern Nepal and plunged in
Published 13 Oct, 2011 09:17am
China auto sales up 5.5pc in September
Top News

China auto sales up 5.5pc in September

BEIJING: China's auto sales rose 5.5 percent year on year to 1.65 million units in September, a report said Thursday --
Published 13 Oct, 2011 09:08am
Govt imports 0.35mn tons Urea: NA told
Top News

Govt imports 0.35mn tons Urea: NA told

ISLAMABD: The government has imported 0.35 million tons Urea from different countries to ensure uninterrupted supply of
Published 13 Oct, 2011 08:19am
PFD issues Rs6.36mn for 32 posts
Top News

PFD issues Rs6.36mn for 32 posts

BAHAWALPUR: Punjab Finance Department (PFD) has issued Rs6.36 million for 32 posts of monitoring forces of education dep
Published 13 Oct, 2011 08:00am
MPAs hail two weekly holidays
Pakistan

MPAs hail two weekly holidays

LAHORE: Welcoming two holidays in a week, Lawmakers in the Punjab Assembly have said it would help in getting rid of loa
Published 13 Oct, 2011 06:54am
Strong quake causes panic in Bali
Asia

Strong quake causes panic in Bali

JAKARTA: A 6.0 magnitude earthquake struck off the Indonesian island of Bali Thursday, causing panic in tourist areas as
Published 13 Oct, 2011 04:47am
Motorcycle industry booming
BR Research

Motorcycle industry booming

The sales of two and three-wheelers have been consistently increasing; recent sales data shows that motorcycle sales, unlike car sales are w
Published 13 Oct, 2011 12:00am
Yuan rises

Yuan rises

China's yuan reversed an earlier fall to close firmer against the dollar on Wednesday as state-run Chinese banks sold dollars after the yuan fell to its lower daily limit on speculation that a US bill prodding China to let the yuan rise at a faster pace c
Published 13 Oct, 2011 12:00am
Australian and New Zealand dollars cut losses

Australian and New Zealand dollars cut losses

The Australian and New Zealand dollars cut losses on Wednesday as a sudden turnaround in Chinese stocks and commodity prices helped lift some of the gloom, after the passing of a crucial eurozone bailout fund stalled in Slovakia. The Aussie, which fell as
Published 13 Oct, 2011 12:00am
Won, Singapore dollar off lows

Won, Singapore dollar off lows

The South Korean won and the Singapore dollar recovered most of their earlier falls as short-term investors added exposure to emerging Asian currencies on rebounds in stocks and the euro. Interbank speculators reduced dollar positions, helping the Asian c
Published 13 Oct, 2011 12:00am
Indian rupee jumps

Indian rupee jumps

The Indian rupee posted its biggest single session rise in ten months on Wednesday, propelled by gains in domestic equities and the euro, with dollar inflows also helping. The partially convertible rupee ended at 48.95/96 per dollar, 0.8 stronger than Tue
Published 13 Oct, 2011 12:00am
Swiss franc little changed

Swiss franc little changed

The Swiss franc trod water against the euro and the dollar on Wednesday as markets weighed news that Slovakia's parliament has stalled the expansion of a bailout fund to stem the eurozone's debt crisis. The franc was little moved against the euro, trading
Published 13 Oct, 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 Wednesday. 75.55-75.58 (previous 75.48-75.60). Call Money Rates: 6.25-7.75 percent (previous 6.25-7.75 percent).
Published 13 Oct, 2011 12:00am
Euro surrenders gains

Euro surrenders gains

The euro traded little changed against the dollar on Tuesday, surrendering early gains after the Slovak Parliament rejected the plan to expand the eurozone rescue fund. The Slovak government also lost a confidence vote but the European Financial Stability
Published 13 Oct, 2011 12:00am
Early trade in New York: Euro jumps

Early trade in New York: Euro jumps

The euro rallied on Wednesday to nearly a one-month high against the dollar and yen on hopes Slovakia would eventually approve an expansion of a program seen critical to containing the eurozone debt crisis. The tentative optimism over the euro persisted d
Published 13 Oct, 2011 12:00am
Euro jumps in London

Euro jumps in London

The euro jumped to a near four-week high versus the dollar on Wednesday on tentative optimism that European leaders would reach agreement on a way to resolve the eurozone debt crisis and as investors took profit on previous short positions. The euro recov
Published 13 Oct, 2011 12:00am
Euro dips in Asia

Euro dips in Asia

The euro dipped on Wednesday, taking a break from its recent corrective rally made on hopes for a solution to the debt crisis, with fragile risk sentiment souring after the Slovak parliament rejected a plan to expand the eurozone rescue fund. But the euro
Published 13 Oct, 2011 12:00am
Sterling rises versus dollar

Sterling rises versus dollar

Sterling rose against a broadly weaker dollar on Wednesday as investors pared back long positions in the US currency, offsetting the negative impact of rising UK unemployment and persistent concerns over an ailing British economy. The pound was last tradi
Published 13 Oct, 2011 12:00am
Low demand for ECB dollar swap, funding stress capped

Low demand for ECB dollar swap, funding stress capped

Low demand at the ECB's first offer of long-term dollar funding since 2010 reflects the high cost of borrowing from the central bank and shows that whilst dollar funding remains scarce, most banks still have some market access. Banks borrowed $1.4 billion
Published 13 Oct, 2011 12:00am
Strong miners, banks hoist FTSE higher

Strong miners, banks hoist FTSE higher

Strong miners and banks boosted Britain's top shares on Wednesday, keeping the index on an upward tilt, underpinned by progress in tackling the eurozone sovereign debt crisis and recent upbeat US data. The FTSE 100 ended up 46.10 points, or 0.9 percent, a
Published 13 Oct, 2011 12:00am
BRICS bourses unveil cross-listing plan

BRICS bourses unveil cross-listing plan

Stock exchanges from Brazil, Russia, India, Hong Kong and South Africa on Wednesday unveiled a cross-listing agreement for derivatives in a bid to increase economic partnerships, officials said The BM&F BOVESPA from Brazil, MICEX from Russia, Hong Kong Ex
Published 13 Oct, 2011 12:00am
Indian shares jump 2.6 percent

Indian shares jump 2.6 percent

Indian shares ended up 2.6 percent on Wednesday to their highest close in over three weeks as investors cheered results from IT industry bellwether Infosys and shrugged off data suggesting growth in Asia's third-largest economy was losing steam. Strong re
Published 13 Oct, 2011 12:00am
European shares at nine-week high

European shares at nine-week high

European shares hit a nine-week closing high on Wednesday after stronger eurozone economic data and news that Slovakia is set to sign off on a plan to expand the region's sovereign bailout fund helped spur demand for cyclical stocks. Better-than-expected
Published 13 Oct, 2011 12:00am
Southeast Asian markets move higher

Southeast Asian markets move higher

Southeast Asian stock markets pushed higher on Wednesday as investors bought commodities-related shares, while an Indonesian interest rate cut helped spur buying in banks. Turnover in Indonesia was double the monthly average and most markets in the region
Published 13 Oct, 2011 12:00am
Seoul shares stays up

Seoul shares stays up

Seoul shares reversed earlier falls to end up on Wednesday, posting a fifth consecutive session of gains supported by solid rises in automakers and brokerages including Hyundai Motor and Woori Investment & Securities. Despite Slovakia blocking a European
Published 13 Oct, 2011 12:00am
Treasuries retreat

Treasuries retreat

Prices of US Treasuries retreated on Tuesday, pushing benchmark yields to their highest in more than a month, as fears about Europe's debt crisis eased after most eurozone countries voted to expand the region's bailout fund. Thirty-year Treasury bonds fel
Published 13 Oct, 2011 12:00am
Treasuries retreat

Treasuries retreat

Prices of US Treasuries retreated on Tuesday, pushing benchmark yields to their highest in more than a month, as fears about Europe's debt crisis eased after most eurozone countries voted to expand the region's bailout fund. Thirty-year Treasury bonds fel
Published 13 Oct, 2011 12:00am
Taiwan stocks slip

Taiwan stocks slip

Taiwan stocks ended down 0.22 percent on Wednesday, tracking regional markets and pressured by banks as investor concern lingered over the eurozone crisis and the US economic slowdown. But Genius Electronic Optical Ltd and other Apple Inc suppliers rose f
Published 13 Oct, 2011 12:00am
Wall Street flat

Wall Street flat

US stocks were little changed on Tuesday, with major indexes seesawing between gains and losses before a key vote by Slovakia on expanding the eurozone rescue fund. US stocks took a breather on Tuesday after the best five days for the S&P 500 in more than
Published 13 Oct, 2011 12:00am
Wednesday's midday trade: stocks extend recent rally

Wednesday's midday trade: stocks extend recent rally

US stocks extended their recent rally on Wednesday, with the S&P 500 on track for its sixth winning day in the past seven as the euro-zone rescue fund was set to get approval from all EU members. Momentum buying, or a move back into equities after the S&P
Published 13 Oct, 2011 12:00am
China shares post biggest gain in a year

China shares post biggest gain in a year

China shares jumped more than 3 percent on Wednesday - their biggest daily gain in a year - as financials and property rallied on hopes that the government is taking steps to boost those two pivotal sectors. Shares in finance and property have been beaten
Published 13 Oct, 2011 12:00am
Nikkei snaps three-day rally

Nikkei snaps three-day rally

The Nikkei average snapped a three-session winning streak on Wednesday on lingering worries over the global economy and as floods in Thailand shut factories run by Honda and many other Japanese manufacturers. Although speculators bought back some recently
Published 13 Oct, 2011 12:00am
Middle East markets: Dubai's index at 31-week low

Middle East markets: Dubai's index at 31-week low

The United Arab Emirates' largest bank by assets, Emirates NBD, dragged Dubai's main stock index down to a 31-week low on Wednesday, falling for a second day after news that it would take over Dubai Bank. Most other Gulf markets also fell. ENBD dropped 4.
Published 13 Oct, 2011 12:00am
Kyrgyz miner to keep drilling after camp attack

Kyrgyz miner to keep drilling after camp attack

South African miner Gold Fields will proceed with a drilling programme at its Kyrgyz joint venture next month, convinced of local community support despite a violent weekend attack on its exploration camp in the Central Asian state. Talas Copper Gold, a j
Published 13 Oct, 2011 12:00am
EIA cuts oil demand growth outlook

EIA cuts oil demand growth outlook

Global oil demand will grow slightly more slowly than expected this year but quicker in 2012, the US government said on Wednesday in revisions that did little to alter the fundamental outlook for markets. The US Energy Information Administration, which ma
Published 13 Oct, 2011 12:00am
Five major Saudi banks post strong third quarter profits

Five major Saudi banks post strong third quarter profits

Five major Saudi banks posted third-quarter net profits, three of which beat analysts forecasts, citing lower operational costs as well as increased income from banking fees and investments, the lenders said on Wednesday.
Published 13 Oct, 2011 12:00am
Japan's machinery orders jump

Japan's machinery orders jump

Japan's core machinery orders jumped 11 percent in August, scoring their biggest gain in a year in a sign that a post-quake recovery continued to buttress the world's No 3 economy in the face of a global slowdown and a strong yen. The figure, a leading in
Published 13 Oct, 2011 12:00am
Thousands of Irish to lose home ownership

Thousands of Irish to lose home ownership

Thousands of Irish people will lose ownership of their homes under a scheme to deal with the country's worsening mortgage arrears problem, Finance Minister Michael Noonan said on Wednesday. A government-commissioned report has recommended "mortgage to ren
Published 13 Oct, 2011 12:00am
British jobless total races to 17-year high

British jobless total races to 17-year high

Britain's unemployed total has rocketed to a 17 year-high, official data showed Wednesday, denting economic recovery prospects and government hopes that the private sector can offset huge cuts in state jobs. Britain's jobless total jumped to 2.57 million
Published 13 Oct, 2011 12:00am
China unveils steps to ease credit crunch for small firms

China unveils steps to ease credit crunch for small firms

China on Wedn-esday unveiled a set of measures to expand financing supports for cash-starved small businesses, a step signalling some relaxation of credit controls but not amounting to a fundamental shift in monetary policy. The steps, including allowing
Published 13 Oct, 2011 12:00am
Europe eyes bigger Greek losses for banks

Europe eyes bigger Greek losses for banks

Eurozone countries will ask banks to accept losses of up to 50 percent on their holdings of Greek debt, officials said on Wednesday, as part of a grand plan to avert a disorderly default and try to end a crisis that threatens the world economy.
Published 13 Oct, 2011 12:00am
Eurozone industrial output rises

Eurozone industrial output rises

Eurozone industrial production was much stronger than expected in August, data showed on Wednesday, indicating the economic slowdown in the third quarter might be smaller than feared. The European Union's Statistics Office said industrial production in th
Published 13 Oct, 2011 12:00am
World intrigued by 'Occupy Wall Street' movement

World intrigued by 'Occupy Wall Street' movement

Tahrir Square in Cairo, Green Square in Tripoli, Syntagma Square in Athens and now Zuccotti Park in New York - popular anger against entrenching power elites is spreading around the world. Many have been intrigued by the Occupy Wall Street movement agains
Published 13 Oct, 2011 12:00am
Anti-corporate protests to hit London

Anti-corporate protests to hit London

Protests against corporate power that have taken hold in the United States are to hit Britain on Saturday with a rally in front of the London Stock Exchange, organisers revealed. Occupy London Stock Exchange (OccupyLSX) plans to launch a "peaceful occupat
Published 13 Oct, 2011 12:00am
Ireland warns on eurozone banks 'dumping' assets

Ireland warns on eurozone banks 'dumping' assets

European banks need to avoid a fire-sale of assets over the next few years that could stymie already fragile growth rates in the eurozone, Ireland's head of banking supervision said on Wednesday.
Published 13 Oct, 2011 12:00am
Emerging nations power nuclear energy demand

Emerging nations power nuclear energy demand

The nuclear industry will emerge stronger and safer after the accident in Japan this year, and demand by energy-hungry emerging nations mean a shortfall of uranium will widen, Uranium Energy Corp Chief Executive Amir Adnani said. "I think it's good that t
Published 13 Oct, 2011 12:00am
India's industry sluggish in August

India's industry sluggish in August

India's industrial production expanded less than expected in August in further evidence of a slowdown in Asia's third-largest economy as soaring interest rates and persistently high inflation weigh on demand. The 4.1 percent growth in August industrial ou
Published 13 Oct, 2011 12:00am
PAKISTAN INTERNATIONAL AIRLINES CORPORATION (PIAC)

PAKISTAN INTERNATIONAL AIRLINES CORPORATION (PIAC)

Pakistan International Airlines Corporation is the national airline of Pakistan, with the government of Pakistan holding its majority shares. The airline operates on both domestic and international routes, through a range of advanced aircraft, from Boeing
Published 13 Oct, 2011 12:00am
PAKISTAN INTERNATIONAL AIRLINES CORPORATION (PIAC)

PAKISTAN INTERNATIONAL AIRLINES CORPORATION (PIAC)

Pakistan International Airlines Corporation is the national airline of Pakistan, with the government of Pakistan holding its majority shares. The airline operates on both domestic and international routes, through a range of advanced aircraft, from Boeing
Published 13 Oct, 2011 12:00am
Business community rejects closure of shops at 6pm

Business community rejects closure of shops at 6pm

The business community of Rawalpindi and Islamabad has rejected closure of shops at 6 pm as decided by the federal cabinet, in principle, on Wednesday, which met under the chairmanship of Prime Minister, Syed Yousaf Raza Gilani. A statement issued by the
Published 13 Oct, 2011 12:00am
Poet Mustafa Zaidi's death anniversary observed

Poet Mustafa Zaidi's death anniversary observed

Urdu poet, Mustafa Zaidi, 40th death anniversary has marked on Wednesday. He is remembered as one of the few progressive Urdu poets of the 20th century. His work and literary accomplishments remain popular and relevant today. Zaidi was born on October 16,
Published 13 Oct, 2011 12:00am
NH&MP recovers three stolen cars, a truck

NH&MP recovers three stolen cars, a truck

National Highways and Motorway Police (NH&MP) recovered three stolen/snatched cars and one truck and arrested one car lifter last week. Spokesperson of NH&MP Javed Chaudhry said that these cars and truck were stolen/snatched from different parts of countr
Published 13 Oct, 2011 12:00am
Nominal changes in slow trade on grain market

Nominal changes in slow trade on grain market

A few changes were seen on the wholesale grain market on Wednesday as most of the participants were on sidelines due to lack of buying interest, dealers said. On the rice sector Irri-6 Sindh low type was lower by Rs 25 to Rs 3375 and good type also shed R
Published 13 Oct, 2011 12:00am
Kenyan top grade tea prices ease

Kenyan top grade tea prices ease

The average price for top grade Kenyan tea eased slightly to $3.02 per kg at this week's sale from $3.24 per kg last week, brokers said on Tuesday. Mombasa-based Africa Tea Brokers (ATB) said 108,159 packages were offered for sale, with 30,529 unsold. Las
Published 13 Oct, 2011 12:00am
Steady phutti arrivals may cause rates to decline in cotton trade

Steady phutti arrivals may cause rates to decline in cotton trade

Increased phutti arrivals may cause fall in the prices as mills covered short position but easy supply encouraged them to stay on the sidelines to observe the development, dealers said. The Karachi Cotton Association (KCA) official spot rate was maintaine
Published 13 Oct, 2011 12:00am
Oil cake market rates

Oil cake market rates

Bearish trend persisted on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The December contract that had ended at Rs 1311.50 commenced with 40 paisa fall at Rs 1311.10. The January vaida which closed at Rs 1179.10,
Published 13 Oct, 2011 12:00am
China imports corn, soya to rebuild state reserves

China imports corn, soya to rebuild state reserves

China, the world's biggest agricultural products consumer, has swooped in to import copious amounts of corn and soya products from the United States and elsewhere this week, taking advantage of the slump in global prices to replenish its dwindling state r
Published 13 Oct, 2011 12:00am
Karachi Port's and Port Qasim's activities

Karachi Port's and Port Qasim's activities

The Karachi Port handled 70,049 tonnes of cargo comprising 35,287 tonnes of import cargo and 34,762 tonnes of export cargo including 2,614 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 35,287 to
Published 13 Oct, 2011 12:00am
Ukraine's grain exports remain low: analyst

Ukraine's grain exports remain low: analyst

Ukraine's grain exports has totalled 3.7 million tonnes so far in the 2011/12 season compared to 4.5 million in the same period a season ago, analyst UkrAgroConsult said on Wednesday. It said Ukraine exported 6.7 million tonnes of grain in the same period
Published 13 Oct, 2011 12:00am
Bangladesh tea prices fall

Bangladesh tea prices fall

Tea prices in Bangladesh eased for the fifth successive weekly auction on Tuesday as demand from buyers was subdued amid ample supply, brokers said. The average price of Bangladeshi tea edged down to 155.21 taka ($2.06) per kg against 161.06 taka at the p
Published 13 Oct, 2011 12:00am
Soya oil exports seen down 8 percent in 2011: Oil World

Soya oil exports seen down 8 percent in 2011: Oil World

Soya oil exports from the United States, Brazil and Argentina, the world's largest producers, will fall 8 percent in 2011 because of increasing biodiesel production, German-based analyst Oil World said on Tuesday. Soya oil exports from the three countries
Published 13 Oct, 2011 12:00am
Vietnamese rice export prices rise three-year high

Vietnamese rice export prices rise three-year high

Export prices for Vietnamese rice rose to their highest level in more than three years this week because of thin stocks, the impact of flooding and speculation about demand from the Philippines for next year, traders said on Wednesday.
Published 13 Oct, 2011 12:00am
Rains in Argentina help restart corn planting

Rains in Argentina help restart corn planting

Rains in Argentina's central agricultural areas over recent days should continue over the next few weeks, and have already helped restart corn plantings that had been slowed by dryness in September, a weather specialist said on Tuesday.
Published 13 Oct, 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 13 Oct, 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 13 Oct, 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 (October 12, 2011).

Published 13 Oct, 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 (October 12, 2011).

Published 13 Oct, 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 (October 12, 2011).

Published 13 Oct, 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 (October 12, 2011).

Published 13 Oct, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (October 12, 2011).
Published 13 Oct, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (October 12, 2011).

Published 13 Oct, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (October 12, 2011).

Published 13 Oct, 2011 12:00am
Punjab not consulted on decision: Shahbaz

Punjab not consulted on decision: Shahbaz

Chief Minister Punjab Shahbaz Sharif said the federal government has not consulted the Punjab government about two holidays a week, Aaj News reported Wednesday. Addressing a function at Model Town Lahore he said that provincial government is not bo
Published 13 Oct, 2011 12:00am
Punjab not consulted on decision: Shahbaz

Punjab not consulted on decision: Shahbaz

Chief Minister Punjab Shahbaz Sharif said the federal government has not consulted the Punjab government about two holidays a week, Aaj News reported Wednesday. Addressing a function at Model Town Lahore he said that provincial government is not bo
Published 13 Oct, 2011 12:00am
Punjab not consulted on decision: Shahbaz

Punjab not consulted on decision: Shahbaz

Chief Minister Punjab Shahbaz Sharif said the federal government has not consulted the Punjab government about two holidays a week, Aaj News reported Wednesday. Addressing a function at Model Town Lahore he said that provincial government is not bo
Published 13 Oct, 2011 12:00am
US cannot abandon Pakistan: Clinton

US cannot abandon Pakistan: Clinton

US Secretary of State Hillary Clinton said on Wednesday the United States cannot abandon Pakistan but that the South Asian nation must help solve Afghanistan's difficulties or it will "continue to be part of the problem."
Published 13 Oct, 2011 12:00am
US cannot abandon Pakistan: Clinton

US cannot abandon Pakistan: Clinton

US Secretary of State Hillary Clinton said on Wednesday the United States cannot abandon Pakistan but that the South Asian nation must help solve Afghanistan's difficulties or it will "continue to be part of the problem."
Published 13 Oct, 2011 12:00am
Saudi Arabia, US trade charges with Iran

Saudi Arabia, US trade charges with Iran

Saudi Arabia and the United States traded charges with Iran Wednesday over an alleged plot to kill the Saudi ambassador to Washington, deepening divisions and sharpening a contest for power in the oil-rich Gulf. The Saudis, long at odds with Tehran, said
Published 13 Oct, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (October 12, 2011).

Published 13 Oct, 2011 12:00am
Saudi Arabia, US trade charges with Iran

Saudi Arabia, US trade charges with Iran

Saudi Arabia and the United States traded charges with Iran Wednesday over an alleged plot to kill the Saudi ambassador to Washington, deepening divisions and sharpening a contest for power in the oil-rich Gulf. The Saudis, long at odds with Tehran, said
Published 13 Oct, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (October 12, 2011).

Published 13 Oct, 2011 12:00am
US 'not shutting door' on Haqqanis

US 'not shutting door' on Haqqanis

US Secretary of State Hillary Clinton on Tuesday signalled the United States remains open to exploring a peace deal including the Haqqani network, the militant group that US officials blame for a campaign of high-profile violence that could jeopardise Was
Published 13 Oct, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (October 12, 2011).

Published 13 Oct, 2011 12:00am
Lofty tax target: Waqar hints at taking additional steps

Lofty tax target: Waqar hints at taking additional steps

Secretary Ministry of Finance Dr Waqar Masood hinted on Wednesday that the government would take some additional measures to meet the ambitious revenue collection target of Rs 1,952 billion for 2011-12. During the meeting of the Senate Standing Committee
Published 13 Oct, 2011 12:00am
Lofty tax target: Waqar hints at taking additional steps

Lofty tax target: Waqar hints at taking additional steps

Secretary Ministry of Finance Dr Waqar Masood hinted on Wednesday that the government would take some additional measures to meet the ambitious revenue collection target of Rs 1,952 billion for 2011-12. During the meeting of the Senate Standing Committee
Published 13 Oct, 2011 12:00am
Lofty tax target: Waqar hints at taking additional steps

Lofty tax target: Waqar hints at taking additional steps

Secretary Ministry of Finance Dr Waqar Masood hinted on Wednesday that the government would take some additional measures to meet the ambitious revenue collection target of Rs 1,952 billion for 2011-12. During the meeting of the Senate Standing Committee
Published 13 Oct, 2011 12:00am
Five-day workweek, other steps to help reduce power crisis

Five-day workweek, other steps to help reduce power crisis

The energy conservation plan approved by the Federal Cabinet on Wednesday envisages a five-day workweek, staggered holidays for industry, early closure of commercial markets. All these measures are aimed at saving 1000 MW electricity to help reduced power
Published 13 Oct, 2011 12:00am
Five-day workweek, other steps to help reduce power crisis

Five-day workweek, other steps to help reduce power crisis

The energy conservation plan approved by the Federal Cabinet on Wednesday envisages a five-day workweek, staggered holidays for industry, early closure of commercial markets. All these measures are aimed at saving 1000 MW electricity to help reduced power
Published 13 Oct, 2011 12:00am
Five-day workweek, other steps to help reduce power crisis

Five-day workweek, other steps to help reduce power crisis

The energy conservation plan approved by the Federal Cabinet on Wednesday envisages a five-day workweek, staggered holidays for industry, early closure of commercial markets. All these measures are aimed at saving 1000 MW electricity to help reduced power
Published 13 Oct, 2011 12:00am
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