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Archive - 2011-10-18
Yahoo Q3 revenue, profit slip
Industry

Yahoo Q3 revenue, profit slip

SAN FRANCISCO : Yahoo Inc managed to meet all its quarterly earnings targets in the third quarter, even as it fielded of
Published 18 Oct, 2011 09:40pm
Moody's downgrades Spain's debt rating
Top News

Moody's downgrades Spain's debt rating

WASHINGTON: Moody's became the latest agency to downgrade Spain's debt rating on Tuesday, warning that no "credible" res
Published 18 Oct, 2011 09:24pm
British inflation hits three-year peak
Top News

British inflation hits three-year peak

LONDON: British annual inflation struck a three-year peak in September due to surging household energy bills, according
Published 18 Oct, 2011 08:00pm
ISE-10 witnesses bearish trend
Markets

ISE-10 witnesses bearish trend

ISLAMABAD: Islamabad Stock Exchange (ISE-10) on Tuesday witnessed bearish trend as the index fell to 19.66 to close at 2
Published 18 Oct, 2011 02:40pm
At least 7 shot dead in Sanaa protests
Top News

At least 7 shot dead in Sanaa protests

SANAA: At least seven protesters were killed and dozens wounded on Tuesday as gunmen loyal to President Ali Abdullah Sal
Published 18 Oct, 2011 12:22pm
Goldman Sachs sinks into red in Q3
Top News

Goldman Sachs sinks into red in Q3

NEW YORK : US bank Goldman Sachs on Tuesday reported a loss for the 2011 third quarter, only the second quarterly loss
Published 18 Oct, 2011 12:17pm
Goldman Sachs sinks into red in Q3
Top News

Goldman Sachs sinks into red in Q3

NEW YORK: US bank Goldman Sachs on Tuesday posted a loss for the third quarter amid global market turmoil, only the seco
Published 18 Oct, 2011 12:17pm
Bank of America swings into profit
Top News

Bank of America swings into profit

NEW YORK : Bank of America said Tuesday it swung back into profit in the third quarter, following a series of losses,
Published 18 Oct, 2011 12:05pm
Clinton flies in to Libya
Top News

Clinton flies in to Libya

TRIPOLI: US Secretary of State Hillary Clinton flew in to Tripoli on Tuesday on a previously unannounced visit as Libya'
Published 18 Oct, 2011 10:47am
PM lays Foundation Stone of Bhasha Dam
Top News

PM lays Foundation Stone of Bhasha Dam

CHILAS: Prime Minister Syed Yousuf Raza Gilani Tuesday laid foundation stone of the US 12 billion dollar Diamir Bhasha d
Published 18 Oct, 2011 08:20am
Sri Lanka raises defence spending
Asia

Sri Lanka raises defence spending

COLOMBO: Sri Lanka on Tuesday announced it would raise defence spending by over five percent in 2012, more than two ye
Published 18 Oct, 2011 07:58am
India thrash England
Cricket

India thrash England

NEW DELHI: World champions India rattled England once again with bat and ball to win the second one-dayer by eight wicke
Published 18 Oct, 2011 07:39am
China says Q3 growth slows to 9.1pc
Top News

China says Q3 growth slows to 9.1pc

BEIJING: China said Tuesday its economy grew at a slower pace in the third quarter as government efforts to tame inflati
Published 18 Oct, 2011 05:35am
HBL in full swing
BR Research

HBL in full swing

Driven by higher operating revenues, Habib Bank Limited (HBL), the countrys second largest commercial bank by deposit size; recorded a 28 pe
Published 18 Oct, 2011 12:00am
Attock Petroleum Limited
BR Research

Attock Petroleum Limited

The countrys second largest oil marketing company, Attock Petroleum Limited (APL), announced its 1QFY12 financial results on Monday reportin
Published 18 Oct, 2011 12:00am
Tri-Pack: So far, so good!
BR Research

Tri-Pack: So far, so good!

Tri-Pack Films limited frog leaped ahead in its quest to close CY11 on a high. The packaging films manufacturer continued the momentum of ea
Published 18 Oct, 2011 12:00am
Withdrawal of 81 percent raise in water tariff demanded

Withdrawal of 81 percent raise in water tariff demanded

The Pakistan Apparel Forum (PAF) has shown concern over increase of water tariff for textile industrial consumers by 81 percent, saying that rise in the utility rates would badly hit the export sector of the country. Talking to Business Recorder, P
Published 18 Oct, 2011 12:00am
Jetro to set up Japan pavilion at sixth Expo Pakistan

Jetro to set up Japan pavilion at sixth Expo Pakistan

Japanese manufacturers to display their premium products to expand business in Pakistani market. Japan External Trade Organisation (Jetro) Karachi Office is proud to set up the Japan pavilion at sixth Expo Pakistan, in co-operation with prominent companie
Published 18 Oct, 2011 12:00am
Bhasha Dam: people's Government strategy to light up Pakistan

Bhasha Dam: people's Government strategy to light up Pakistan

The energy history of Pakistan reveals that, barring a couple of exceptions, no government has served this sector well. But the Pakistan Peoples Party governments were guaranteed light up Pakistan. Energy has always been a top priority of the Pakistan Peo
Published 18 Oct, 2011 12:00am
Sterling falls versus dollar

Sterling falls versus dollar

Sterling fell against the dollar on Monday, tracking losses in the euro after comments from German officials tempered optimism that a European Union summit this week will produce a comprehensive plan to tackle the eurozone debt crisis. German Finance Mini
Published 18 Oct, 2011 12:00am
Yuan rises

Yuan rises

The yuan closed up slightly against the dollar on Monday after the Chinese central bank set a stronger mid-point, but traders said the market was still wary that the government may engineer a pause in yuan appreciation amid unstable global economic and ma
Published 18 Oct, 2011 12:00am
Australian and New Zealand dollars pause

Australian and New Zealand dollars pause

The Australian and New Zealand dollars lost a bit of ground on Monday, but held on to most of last week's hefty gains on optimism that Europe will soon come up with a concrete plan to tackle its debt crisis. The Aussie last traded at $1.0301, down from $1
Published 18 Oct, 2011 12:00am
Won leads Asia FX gains

Won leads Asia FX gains

Major emerging Asian currencies gained on Monday, with some of them breaking key resistance levels, and traders expect them to rise more as strengthening hopes for a long-term solution to the Europe debt crisis push up risky assets such as stocks and comm
Published 18 Oct, 2011 12:00am
Indian rupee at three-week high

Indian rupee at three-week high

The Indian rupee ended off its near three-week high on Monday after a rally in the euro lost steam, and as dollar demand from domestic oil refiners and weak equities weighed. The partially convertible rupee ended at 48.945/955 per dollar, 0.1 percent stro
Published 18 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 Monday. 75.72-75.85 (previous 75.68-75.72). Call Money Rates: 7.25-9.50 percent (previous 7.25-9.50 percent).
Published 18 Oct, 2011 12:00am
Euro slips in London

Euro slips in London

The euro fell on Monday after the German Finance Minister said the upcoming European Union summit would not definitively solve the region's debt crisis, denting investor optimism over the talks which had earlier pushed the currency to one-month highs.
Published 18 Oct, 2011 12:00am
Early trade in New York: Euro down

Early trade in New York: Euro down

The euro fell from a one-month high against the dollar on Monday after a German official said this weekend's European Union summit would not provide a "definitive solution" to the region's debt crisis. German Finance Minister Wolfgang Schaeuble said Europ
Published 18 Oct, 2011 12:00am
Euro falls in Asia

Euro falls in Asia

The euro hovered near a one-month high on Monday after a G20 summit boosted hopes that the EU would decisively address the region's debt woes this week, with traders saying additional short-covering may allow the currency to eke out further gains.
Published 18 Oct, 2011 12:00am
Euro Libor at fresh nine-week highs

Euro Libor at fresh nine-week highs

Bank-to-bank lending rates marched higher on Monday as Germany dampened hopes European policymakers would soon deliver a comprehensive solution to the eurozone debt crisis, and said banks should write down more of their Greek debt holdings. While some gau
Published 18 Oct, 2011 12:00am
Return of eurozone debt: jitters takes toll on FTSE

Return of eurozone debt: jitters takes toll on FTSE

Britain's leading share index closed lower on Monday, giving up early gains, as miners and banks went in to reverse after hopes for an imminent solution to Europe's debt crisis were dashed by comments from Germany's finance minister. The FTSE 100 index cl
Published 18 Oct, 2011 12:00am
European shares fall

European shares fall

European shares closed lower on Monday after German finance minister Wolfgang Schaeuble said it was unrealistic to expect a definitive solution to the eurozone debt crisis at an EU summit this weekend. The pan-European FTSEurofirst 300 index of top shares
Published 18 Oct, 2011 12:00am
Seoul shares rise

Seoul shares rise

Seoul shares rose on Monday on hopes Europe will come up with a plan to solve its debt problems, lifted by firm gains in crude oil refiners and airlines including S-Oil and Korean Air Line. The Korea Composite Stock Price Index finished up 1.62 percent at
Published 18 Oct, 2011 12:00am
Southeast Asian stocks at multi-week highs

Southeast Asian stocks at multi-week highs

Southeast Asian stock markets gained on Monday amid hopes that eurozone policy makers will come up with a plan to solve the region's debt woes, with resource shares rising with commodity prices and lower interest rates lifting Indonesian developers.
Published 18 Oct, 2011 12:00am
Indian shares drop

Indian shares drop

Indian shares drifted lower on Monday, dragged down by energy major Reliance Industries and profit booking by traders after the market ended at its highest closing level in four weeks in the previous session. The main 30-share BSE index ended down 0.34 pe
Published 18 Oct, 2011 12:00am
Deutsche Boerse clients fearful over merger costs

Deutsche Boerse clients fearful over merger costs

Deutsche Boerse's planned $9 billion take-over of NYSE Euronext faces growing opposition from its largest clients who fear the merger will lead to increased trading costs, a concern the exchanges reject. "I don't see clear benefits from mergers. I see inc
Published 18 Oct, 2011 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks rose 1.4 percent on Monday, joining a regional rally on hopes that policymakers will come up with a plan this week to resolve the eurozone's debt woes. But electronic gadget casings maker Catcher was limit-down 7 percent after saying it had
Published 18 Oct, 2011 12:00am
Nikkei hits six-week high

Nikkei hits six-week high

The Nikkei average rose to a six-week high on Monday, helped by hopes for corporate earnings and expectations that Europe will come up with a plan to contain its debt crisis, though some market players expect the rally to run out of steam soon. Shares in
Published 18 Oct, 2011 12:00am
Hong Kong, China shares rise

Hong Kong, China shares rise

Shares in Hong Kong and Shanghai finished higher on Monday, with beaten-down Chinese companies leading a recovery from the rout in the last quarter as investors took on more risk ahead of China GDP data. Despite expectations that Tuesday's economic data w
Published 18 Oct, 2011 12:00am
UAE markets tumble to new lows

UAE markets tumble to new lows

UAE markets fell to fresh lows on Monday as investors dumped property stocks on concerns ahead of third-quarter earnings, while attractive valuations lifted Egypt's shares for the fifth straight session. Abu Dhabi's benchmark slumped to a 30-month low, do
Published 18 Oct, 2011 12:00am
Protesters in third day of protests in European cities

Protesters in third day of protests in European cities

Protesters inspired by the "Occupy Wall Street" movement camped out in European cities for a third day Monday in a campaign that has got the EU and Russia both unexpectedly on the same page. From London and Frankfurt to Madrid and Amsterdam, hundreds of d
Published 18 Oct, 2011 12:00am
EU calls for criminal penalties for insider trading

EU calls for criminal penalties for insider trading

The European Commission wants all EU states to impose criminal sanctions for the most serious acts of financial malfeasance such as insider trading and market manipulation, EU officials said Monday. Several European Union states already punish such crimes
Published 18 Oct, 2011 12:00am
IMF resources adequate: Lagarde

IMF resources adequate: Lagarde

IMF chief Christine Lagarde said Monday the fund had adequate resources to deal with the debt crisis affecting the world economy. "I believe that today the IMF has adequate resources," Lagarde told Europe 1 radio after some member nations of the G20 meeti
Published 18 Oct, 2011 12:00am
US industrial output up

US industrial output up

US industrial production rose in September and a gauge of manufacturing in New York State hinted at stabilisation in October, data showed on Monday, suggesting the factory sector will keep supporting the economic recovery. Recent better-than-expected data
Published 18 Oct, 2011 12:00am
Rio Tinto retreats from aluminium business

Rio Tinto retreats from aluminium business

Global miner Rio Tinto signalled a major retreat from its aluminium business on Monday, putting an estimated $8 billion worth of assets up for sale across six countries, only four years after buying aluminium giant Alcan for $38 billion. Rio Tinto said it
Published 18 Oct, 2011 12:00am
Berlin tempers summit hopes, banks under pressure

Berlin tempers summit hopes, banks under pressure

Germany warned on Monday that a summit of EU leaders next Sunday would not produce a miracle cure for the eurozone's sovereign debt crisis, pushing down markets that have risen in the past week on expectations of a breakthrough. German Finance Minister Wo
Published 18 Oct, 2011 12:00am
Citigroup third quarter net rises

Citigroup third quarter net rises

Citigroup Inc reported higher third-quarter earnings on Monday as the bank set aside less money to cover bad loans and recorded an accounting gain banks can take in turbulent markets. Investment banking fees dropped as the European debt crisis cut into st
Published 18 Oct, 2011 12:00am
Citigroup third quarter net rises

Citigroup third quarter net rises

Citigroup Inc reported higher third-quarter earnings on Monday as the bank set aside less money to cover bad loans and recorded an accounting gain banks can take in turbulent markets. Investment banking fees dropped as the European debt crisis cut into st
Published 18 Oct, 2011 12:00am
RIM offers free apps to appease BlackBerry customers

RIM offers free apps to appease BlackBerry customers

Canada's Research In Motion Ltd will offer free premium apps worth more than $100 to appease BlackBerry customers frustrated by last week's global disruption of smartphone service. Research In Motion said on Monday a selection of premium apps would become
Published 18 Oct, 2011 12:00am
EU leaders understand 'indignant' anger at financial sector

EU leaders understand 'indignant' anger at financial sector

European Union leaders said on Monday they understood the frustration voiced by thousands of anti-austerity protesters and vowed to make the financial sector share the pain to resolve the debt crisis. EU president Herman Van Rompuy and European Commission
Published 18 Oct, 2011 12:00am
British economy at 'dangerous junction'

British economy at 'dangerous junction'

Britain's economy is at a "dangerous junction" due to the eurozone crisis and the weak world outlook, and the Bank of England must cut rates to boost activity, a respected forecasting group said Monday. The "UK economy has stalled at a dangerous junction
Published 18 Oct, 2011 12:00am
India's economy 'is slowing sharply': Moody's

India's economy 'is slowing sharply': Moody's

India's slowing economic growth is a "cause for worry", research group Moody's Analytics said Monday, highlighting the failure of aggressive interest rate hikes to curb near double-digit inflation. India's growth has weakened under the brunt of 12 interes
Published 18 Oct, 2011 12:00am
Japan's government cuts economic view

Japan's government cuts economic view

Japan's government downgraded its assessment of the economy in October for the first time in six months, saying weakening global growth is slowing down a recovery in factory output and exports. The assessment, in a monthly report released on Monday, refle
Published 18 Oct, 2011 12:00am
ECB winds down bond buys as governments seek crisis solution

ECB winds down bond buys as governments seek crisis solution

The European Central Bank bought marginally less in sovereign bonds last week than the week before, scaling back its intervention as eurozone governments seek to prevent an uncontrolled Greek default. ECB figures published on Monday showed the bank bought
Published 18 Oct, 2011 12:00am
Asia must spur demand or face 'middle-income trap': ADB chief

Asia must spur demand or face 'middle-income trap': ADB chief

Asian countries will not become high-income economies unless domestic demand is made a main driver of growth, the president of the Asian Development Bank said on Monday. "The biggest challenge is moving from resource-driven growth dependent on cheap labou
Published 18 Oct, 2011 12:00am
'Magnificent 7' to begin from November 30

'Magnificent 7' to begin from November 30

Top 100 companies from United Arab Emirates (UAE) will be showcasing their leading brands, products and business opportunities during three-day mega event "Magnificent 7", to be held at Karachi Expo Center from November 30. According to an announcement he
Published 18 Oct, 2011 12:00am
Barclays Bank announces 'Junior Account'

Barclays Bank announces 'Junior Account'

Barclays Bank PLC, Pakistan on Monday unveiled their new product 'Junior Account' catering to children below the age of 18 years in Pakistan. The product was introduced to kids and their parents during an activity packed day at Park Towers in Karachi. Bar
Published 18 Oct, 2011 12:00am
Rahnuma, Cakeoholic announce joint venture for flood victims

Rahnuma, Cakeoholic announce joint venture for flood victims

Rahnuma is a student based NGO which has announced its partnership with Cakeoholic, a local bakery, where they have jointly launched a new product the 'Cakeoholic-Rahnuma Chocolate Fudge Cake'. All proceeds from the sale of this new product will go to Rah
Published 18 Oct, 2011 12:00am
FBR urged to impose 25 percent RD on copper export

FBR urged to impose 25 percent RD on copper export

Lahore Chamber of Commerce and Industry (LCCI) has demanded Federal Board of Revenue to impose 25 percent regulatory duty on copper export. The entire cottage industry in general and wire manufacturers in particular is in deep trouble due to the withdrawa
Published 18 Oct, 2011 12:00am
LHC CJ reserves decision in Lakhvi petition

LHC CJ reserves decision in Lakhvi petition

Chief Justice Lahore High Court on Monday reserved decision in a petition filed by an activist of the banned outfit Lashkare Tayyaba, Zakiur Rahman Lakhvi seeking transfer of Mumbai attacks case from Anti-terrorism Court Rawalpindi to Lahore High Court.
Published 18 Oct, 2011 12:00am
Exchequer debt: JI demands slashing of government expenses

Exchequer debt: JI demands slashing of government expenses

The central shoora of Jamaat-e-Islami (JI), Pakistan, has demanded slashing the federal cabinet by half and substantial reduction in the expenditure of the presidency and the Prime Minister's House to release the burden on the public exchequer.
Published 18 Oct, 2011 12:00am
Non-payment of salary: railway employees' protest continues

Non-payment of salary: railway employees' protest continues

Railways employees continued their protest on Monday to press the railway administration for payment of their salaries and restoration of gas and electricity connections. Protest demonstration arranged by 'Railway Mazdoor Ittehad' resulted in the stoppage
Published 18 Oct, 2011 12:00am
Industry tycoon dies

Industry tycoon dies

A renowned industrialist, Khan Muhammad Baloch, who was the Chairman of Madina Group of Industries, died after a brief illness on Monday. He was the father of Mukhtar Ahmed Baloch, Senior Vice Chairman of Pakistan Cotton Ginners Association (PCGA) and MPA
Published 18 Oct, 2011 12:00am
Samsung sponsors World Cyber Games 2011

Samsung sponsors World Cyber Games 2011

World Cyber Games, Inc (WCG), organiser of the premier international video game competition and festival, has collaborated with Samsung Electronics, the world's mobile technology leader, for the 4th annual WCG 2011 Samsung Mobile Challenge. The Asian onli
Published 18 Oct, 2011 12:00am
FAP meeting today: government warned against exporting expensive sugar

FAP meeting today: government warned against exporting expensive sugar

Pakistan Sugar Mills Association has warned the government that the sugarcane crushing season 2011-12 will be delayed till the first week of December, having adverse effects on the sowing of wheat and other Rabi crops if it went ahead with the import of 0
Published 18 Oct, 2011 12:00am
Power tariff hike: Supreme Court urged to take suo motu notice

Power tariff hike: Supreme Court urged to take suo motu notice

LCCI former Senior Vice President and former Chairman Poultry Association, Abdul Basit has urged the Supreme Court of Pakistan to take suo motu action of over 30 percent unprecedented, unjustified and illogical increase in the electricity tariff that is g
Published 18 Oct, 2011 12:00am
British educationists highlight importance of e-learning

British educationists highlight importance of e-learning

British educationists have stressed the need for employing new teaching methods in medical education, as most of the educational institutions in the world are now engaged in e-learning. Speaking at the inaugural session of a 2-day workshop on e-learning a
Published 18 Oct, 2011 12:00am
Saudi Arabia's SABIC posts record profit in third quarter

Saudi Arabia's SABIC posts record profit in third quarter

Saudi Basic Industries Corp (SABIC), the world's largest chemical producer by market value, posted a 54 percent rise in its third-quarter net profit, beating analyst expectations on the back of high product prices and continued strong global demand.
Published 18 Oct, 2011 12:00am
Saudi Arabia's SABIC posts record profit in third quarter

Saudi Arabia's SABIC posts record profit in third quarter

Saudi Basic Industries Corp (SABIC), the world's largest chemical producer by market value, posted a 54 percent rise in its third-quarter net profit, beating analyst expectations on the back of high product prices and continued strong global demand.
Published 18 Oct, 2011 12:00am
Asia's naphtha price nearly at a month high

Asia's naphtha price nearly at a month high

Asia's naphtha price was nearly at a month high on Monday while cracks were around their highest in 1-1/2 weeks. But traders said the stronger cracks were supported by the higher naphtha price, which was in turn lifted by firm raw material crude costs and
Published 18 Oct, 2011 12:00am
Russia's August raw sugar imports fall

Russia's August raw sugar imports fall

Russian raw sugar imports remained low in August at 90,400 tonnes, slightly up from July's 70,800 tonnes but significantly below 672,500 tonnes imported in June due to a higher import tariff, customs data showed on Monday. Russia increased its import tari
Published 18 Oct, 2011 12:00am
Indonesia's Freeport stops copper output on security fears

Indonesia's Freeport stops copper output on security fears

Freeport-McMoRan Copper & Gold halted production at its Grasberg mine in Indonesia on Monday because of security fears and worker blockades, in the worst supply disruption since a strike began a month ago. Freeport said the main pipe carrying copper conce
Published 18 Oct, 2011 12:00am
Russian grain prices keep falling despite ban threat

Russian grain prices keep falling despite ban threat

Russian domestic grain prices continued a decline as harvesting approached its finish last week in spite of an announcement that grain exports may be curtailed if they exceed 23-24 million tonnes in the current season, analysts said on Monday. However, so
Published 18 Oct, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 233,620 tonnes of cargo comprising 171,215 tonnes of import cargo and 62,405 tonnes of export cargo including 3,543 loaded & empty containers during last 48 hours ended at 0700 hours on Monday. The total import cargo of 171,215 to
Published 18 Oct, 2011 12:00am
Rains, sunny spells boost Ivorian cocoa crop

Rains, sunny spells boost Ivorian cocoa crop

Abundant rains punctuated by sunny spells last week in most of Ivory Coast's key cocoa regions have boosted the main crop, but heavy rains in some areas have prevented harvesting and may damage quality by preventing proper drying, farmers said on Monday.
Published 18 Oct, 2011 12:00am
Heavy rains disrupt Kenyan port's operations

Heavy rains disrupt Kenyan port's operations

Intense rains have disrupted operations at Kenya's only port, delaying the delivery of grain, sugar and coal, while a queue of vessels waiting to offload cargo is building up, its operator said on Monday. The port of Mombasa serves Kenya, which is east Af
Published 18 Oct, 2011 12:00am
Soyabean futures slip on US acreage estimate

Soyabean futures slip on US acreage estimate

Soyabean futures slipped more than one percent on Monday as a forecast for a rise in US acreage helped to trigger a setback following recent strong gains while corn turned lower and wheat trimmed gains as the market eyed the euro zone debt crisis. "I thin
Published 18 Oct, 2011 12:00am
Small Banks' Financial Performance 1HCY11

Small Banks' Financial Performance 1HCY11

In an industry, where big banks are standing strong and sturdy and many more potential large banks are eager to join the big league; it is the smaller banks that have to step up their game in the face of fierce competition. Under these circumstances, the
Published 18 Oct, 2011 12:00am
Small Banks' Financial Performance 1HCY11

Small Banks' Financial Performance 1HCY11

In an industry, where big banks are standing strong and sturdy and many more potential large banks are eager to join the big league; it is the smaller banks that have to step up their game in the face of fierce competition. Under these circumstances, the
Published 18 Oct, 2011 12:00am
Spot rate moved up on persistent mills' buying on cotton market

Spot rate moved up on persistent mills' buying on cotton market

Strong mills demand pushed up spot rate by Rs 50 on cotton market on Monday in process of trading, dealers said. The Karachi Cotton Association (KCA) official spot rate was raised by Rs 50 Rs 6,300, they said. Prices of seed-cotton in Sindh were unchanged
Published 18 Oct, 2011 12:00am
Oil cake market rates

Oil cake market rates

December contract was lower while the January vaida was unchanged on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The December contract that had ended at Rs 1311.40 commenced with a loss of 40 paisa in early session
Published 18 Oct, 2011 12:00am
Prices move a little in lean business on grain market

Prices move a little in lean business on grain market

Slow activity was seen on the wholesale grain market on Monday in process of trading, dealers said. On the cereal side wheat old and new Bardan gained Rs 5 to Rs 2630 and 2645, gur better type was higher by Rs 200 to Rs 7500 while the low quality was unch
Published 18 Oct, 2011 12:00am
Drenched Brazil's soya fields to dry out this week: Somar

Drenched Brazil's soya fields to dry out this week: Somar

A wave of rains drenched Brazil's soya belt over the past several days, which will favour planting as skies clear this week, local forecasters Somar said on Monday. After a slow start to rains over Brazil's main center-west soya producing states, showers
Published 18 Oct, 2011 12:00am
EU milling wheat futures slightly higher

EU milling wheat futures slightly higher

European Union milling wheat futures were slightly higher on Monday with the trade focused on the close of the options on the front-month contract. By 1548 GMT front month November was 0.75 euro higher at 185.50 euros a tonne after hitting 187.50 euros so
Published 18 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 18 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 18 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 Monday (October 17, 2011).

Published 18 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 Monday (October 17, 2011).

Published 18 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 Monday (October 17, 2011).

Published 18 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 Monday (October 17, 2011).

Published 18 Oct, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (October 17, 2011).
Published 18 Oct, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (October 17, 2011).

Published 18 Oct, 2011 12:00am
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