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Archive - 2011-12-15
US forces mark end of Iraq mission
Top News

US forces mark end of Iraq mission

BAGHDAD: US forces formally marked the end of their mission in Iraq with a low-key ceremony near Baghdad on Thursday, af
Published 15 Dec, 2011 09:42pm
Drama festival stages comedy play
Arts

Drama festival stages comedy play

ISLAMABAD: `Shadi Ho To Aisi' - a comedy play based on a social issue of marriage and superstition was staged here late
Published 15 Dec, 2011 05:16pm
Swiss President phones PM Gilani
Top News

Swiss President phones PM Gilani

ISLAMABAD: President of the Swiss Confederation Mrs Micheline Calmy-Rey on Thursday phoned Prime Minister Syed Yusuf Raz
Published 15 Dec, 2011 04:09pm
Morgan Stanley to cut 1,600 jobs
Top News

Morgan Stanley to cut 1,600 jobs

NEW YORK: US banking firm Morgan Stanley said Thursday it will cut 1,600 jobs, as it grapples to find the "right size" a
Published 15 Dec, 2011 04:02pm
Tunisia reopens its border with Libya
Top News

Tunisia reopens its border with Libya

TUNIS: Tunisia re-opened its two border crossings with Libya on Thursday after a two-week closure caused by clashes betw
Published 15 Dec, 2011 03:49pm
24-hour CNG shutdown announced in Sindh
Top News

24-hour CNG shutdown announced in Sindh

KARACHI: Sui Southern Gas Company (SSGC) Thursday announced 24-hour CNG station shut-down in Sindh province. A SSGC rele
Published 15 Dec, 2011 03:29pm
USC network to be strengthened: Ellahi
Top News

USC network to be strengthened: Ellahi

ISLAMABAD: Senior Federal Minister for Industries Ch Pervaiz Ellahi has said that the network of Utility Stores Corporat
Published 15 Dec, 2011 03:13pm
Senate session starts
Pakistan

Senate session starts

ISLAMABAD : The Session of the Upper House of the Parliament started here on Thursday at 11:11 am with the recitation
Published 15 Dec, 2011 08:32am
Zardari likely to return tonight
Top News

Zardari likely to return tonight

NAVEED BUTT ISLAMABAD : President Asif Ali Zardari is likely to return to Pakistan late Thursday night. Sources
Published 15 Dec, 2011 06:45am
Nawaz to meet businessmen in Karachi
Top News

Nawaz to meet businessmen in Karachi

MUHAMMAD SALEEM LAHORE : PML-N President Nawaz Sharif will be in Karachi on a three-day visit, from December 19 to
Published 15 Dec, 2011 06:22am
Fiscal deficit below 7pc a tall order
Top News

Fiscal deficit below 7pc a tall order

ZAHEER ABBASI ISLAMABAD : The country's economic managers are facing a serious challenge to keep the fiscal deficit b
Published 15 Dec, 2011 04:16am
WEF Financial Development Report
BR Research

WEF Financial Development Report

In a quite prominent sign of the rising importance of Asia, Hong Kong topped the World Economic Forums (WEF) Financial Stability Index 2011,
Published 15 Dec, 2011 12:00am
Euro sweating above $1.30

Euro sweating above $1.30

The euro wallowed near 11-month lows against the dollar on Wednesday and crept close to an option barrier whose break could rapidly speed up its decline, with an Italian bond sale coming into focus later in the day. After the Federal Reserve refrained as
Published 15 Dec, 2011 12:00am
Sterling rises to 10-month high versus euro

Sterling rises to 10-month high versus euro

Sterling rose to its highest in almost 10 months against the euro on Wednesday as the lack of a resolution to the eurozone debt crisis and the risk of sovereign downgrades in the bloc caused investors to shy away from the common currency. Sterling remaine
Published 15 Dec, 2011 12:00am
Yuan ends near limit-down

Yuan ends near limit-down

The yuan closed down slightly against the dollar on Wednesday, hovering near its limit-down level from the mid-point fixed by the People's Bank of China, but it has still risen slightly so far this month, buoyed by a slew of strong PBOC fixings. Spot yuan
Published 15 Dec, 2011 12:00am
FTSE slumps

FTSE slumps

Weakness in risk-sensitive commodity issues and banks dragged Britain's FTSE 100 index lower on Wednesday, with concerns over the eurozone debt crisis ratcheted up as Italy's borrowing costs expanded to a record high. Italy had to pay 6.47 percent on five
Published 15 Dec, 2011 12:00am
European shares at two-week low

European shares at two-week low

European shares fell to a two-week closing low in thin volume on Wednesday as revived talk of a downgrade of France's sovereign rating added to concerns that the eurozone crisis will curb global growth. The pan-European FTSEurofirst 300 index of top share
Published 15 Dec, 2011 12:00am
Australian shares flat

Australian shares flat

Australian shares ended down a tick on Wednesday, with miners holding the market back as investors sold out of stocks dependent on global growth. After Monday's bump up following the European summit, hopes have rapidly faded that the eurozone will stabili
Published 15 Dec, 2011 12:00am
Hang Seng index remains down

Hang Seng index remains down

Hong Kong shares declined for the fifth straight session on Wednesday, falling 0.5 percent in weak turnover that is expected to persist in the final weeks of 2011 with most long funds seen as done trading for the year. The Shanghai Composite Index also dr
Published 15 Dec, 2011 12:00am
Southeast Asian markets extend losses

Southeast Asian markets extend losses

Most Southeast Asian stock markets closed weaker on Wednesday in light trading volumes after the Federal Reserve warned that turmoil in Europe poses a big threat to the world's biggest economy. The region's markets, like many others, have been on a downtr
Published 15 Dec, 2011 12:00am
Seoul shares lower

Seoul shares lower

Seoul shares edged down on Wednesday, as disappointing results from a US Federal Reserve policy meeting failed to bolster confidence in a market chilled by persistent European debt woes. Shares across Asia backtracked lower and the euro fell to an 11-mont
Published 15 Dec, 2011 12:00am
Treasuries rally

Treasuries rally

The prices of US Treasury securities rose on Tuesday in a vigorous afternoon rally after a strongly bid 10-year note auction displayed enduring demand for safe-haven assets. Treasuries' late-day rally intensified after the Federal Reserve left its monetar
Published 15 Dec, 2011 12:00am
Treasuries rally

Treasuries rally

The prices of US Treasury securities rose on Tuesday in a vigorous afternoon rally after a strongly bid 10-year note auction displayed enduring demand for safe-haven assets. Treasuries' late-day rally intensified after the Federal Reserve left its monetar
Published 15 Dec, 2011 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks rose 0.38 percent on Wednesday, led by gains in HTC after the smartphone maker said a US court had postponed again a final ruling on its lawsuit against Apple Inc. The main TAIEX index ended 26.26 points higher at 6,922.57 in thin volume. In
Published 15 Dec, 2011 12:00am
Wall Street falls on Fed disappointment

Wall Street falls on Fed disappointment

US stocks fell for a second straight day on Tuesday after the Federal Reserve gave no hints of new stimulus measures to offset the effects of the worsening European debt crisis. Though the Fed did leave the door open to further easing next year, as it has
Published 15 Dec, 2011 12:00am
Wednesday's early trade: energy leads stocks down

Wednesday's early trade: energy leads stocks down

US stocks declined Wednesday as a fall in commodity prices sparked a selloff in the energy and materials sectors and as a falling euro and high Italian bond yields kept Europe's debt crisis in focus. Eight of 10 S&P 500 sectors were down, with energy lead
Published 15 Dec, 2011 12:00am
Nikkei average dips

Nikkei average dips

Japan's Nikkei share average dipped on Wednesday after the Federal Reserve gave no hints of new stimulus measures, but managed to close above key support at its 25-day moving average, raising cautious optimism over the market's outlook. Shares of online g
Published 15 Dec, 2011 12:00am
Indian shares lower

Indian shares lower

Indian shares ended 0.8 percent lower in choppy trade on Wednesday as November inflation held stubbornly above 9 percent, disappointing investors, but growing hopes that the central bank could keep rates steady this week and likely adopt a more dovish ton
Published 15 Dec, 2011 12:00am
Bargain hunters lift Saudi stocks; Gulf markets mixed

Bargain hunters lift Saudi stocks; Gulf markets mixed

Bargain hunter helped lift Saudi stocks on Wednesday, after sentiment was boosted by the appointment of a new central bank governor, while other regional markets ended mixed. The kingdom's index climbed 0.8 percent, rising after Tuesday's decline when inv
Published 15 Dec, 2011 12:00am
Oil cake market rates

Oil cake market rates

Easier trend was again witnessed on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The December contract that had ended at Rs 1304.60 opened with a fall of 40 paisa at Rs 1304.20. The January vaida which closed at
Published 15 Dec, 2011 12:00am
US Midwest corn, soya bids steady to weak

US Midwest corn, soya bids steady to weak

Corn and soybean spot basis bids were steady to slightly lower at processors, elevators and river terminals around the US Midwest on Tuesday, pressured by slow domestic and export demand, grain merchants said. Farmer sales remained light, with many grower
Published 15 Dec, 2011 12:00am
Vietnam's coffee prices fall on rising supplies

Vietnam's coffee prices fall on rising supplies

Vietnam's coffee exports more than doubled in November from the previous month, taking shipments so far this year to 1.1 million tonnes, up 4.4 percent from the year-ago period, keeping prices under pressure. But traders said on Tuesday that part of the N
Published 15 Dec, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 70,725 tonnes of cargo comprising 29,106 tonnes of import cargo and 41,619 tonnes of export cargo including 3,521 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 29,106 to
Published 15 Dec, 2011 12:00am
UK wheat exports edge up in October

UK wheat exports edge up in October

UK wheat exports edged up in October, although continuing to run significantly below last season's levels, customs data showed on Tuesday. Shipments during October totalled 291,511 tonnes, up from the prior month's 277,315 tonnes. Cumulative exports for t
Published 15 Dec, 2011 12:00am
Nominal changes seen in thin trade on grain market

Nominal changes seen in thin trade on grain market

A few changes were seen on the wholesale grain market on Wednesday as most of the items retained the overnight levels in process of trading, dealers said. On the grams sector wheat old Bardan was registered at Rs 2685 and the new type was quoted at Rs 270
Published 15 Dec, 2011 12:00am
Soybean export premiums lower at US Gulf Coast

Soybean export premiums lower at US Gulf Coast

Soybean export premiums at theUNUS Gulf Coast were steady to lower on Tuesday amid quietUNdemand from China this week and declining CIF basis values,UNtraders said. Adequate soybean supplies in the river market, weakerUNbarge freight and firmer futures pr
Published 15 Dec, 2011 12:00am
New York cotton

New York cotton

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

Published 15 Dec, 2011 12:00am
New York cotton

New York cotton

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

Published 15 Dec, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 15 Dec, 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 15 Dec, 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 (December 14, 2011).

Published 15 Dec, 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 (December 14, 2011).

Published 15 Dec, 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 (December 14, 2011).

Published 15 Dec, 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 (December 14, 2011).

Published 15 Dec, 2011 12:00am
US lawmakers target Pakistan aid

US lawmakers target Pakistan aid

The US Congress moved Wednesday towards final passage of legislation that freezes some aid to Pakistan, slaps harsh new sanctions on Iran, and embraces indefinite detention of suspected terrorists. The Republican-led House of Representatives was to approv
Published 15 Dec, 2011 12:00am
US lawmakers target Pakistan aid

US lawmakers target Pakistan aid

The US Congress moved Wednesday towards final passage of legislation that freezes some aid to Pakistan, slaps harsh new sanctions on Iran, and embraces indefinite detention of suspected terrorists. The Republican-led House of Representatives was to approv
Published 15 Dec, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (December 14, 2011).
Published 15 Dec, 2011 12:00am
US lawmakers target Pakistan aid

US lawmakers target Pakistan aid

The US Congress moved Wednesday towards final passage of legislation that freezes some aid to Pakistan, slaps harsh new sanctions on Iran, and embraces indefinite detention of suspected terrorists. The Republican-led House of Representatives was to approv
Published 15 Dec, 2011 12:00am
Spot dollar rates

Spot dollar rates

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

Published 15 Dec, 2011 12:00am
US lawmakers target Pakistan aid

US lawmakers target Pakistan aid

The US Congress moved Wednesday towards final passage of legislation that freezes some aid to Pakistan, slaps harsh new sanctions on Iran, and embraces indefinite detention of suspected terrorists. The Republican-led House of Representatives was to approv
Published 15 Dec, 2011 12:00am
Rental power projects: Supreme Court reserves judgement

Rental power projects: Supreme Court reserves judgement

A division bench of Supreme Court (SC) on Wednesday reserved its verdict in Rental Power Projects (RPPs) case, declaring that instead of a short order the court would announce a detailed judgement. The bench comprising Chief Justice Iftikhar Muhammad Chau
Published 15 Dec, 2011 12:00am
Rental power projects: Supreme Court reserves judgement

Rental power projects: Supreme Court reserves judgement

A division bench of Supreme Court (SC) on Wednesday reserved its verdict in Rental Power Projects (RPPs) case, declaring that instead of a short order the court would announce a detailed judgement. The bench comprising Chief Justice Iftikhar Muhammad Chau
Published 15 Dec, 2011 12:00am
Rental power projects: Supreme Court reserves judgement

Rental power projects: Supreme Court reserves judgement

A division bench of Supreme Court (SC) on Wednesday reserved its verdict in Rental Power Projects (RPPs) case, declaring that instead of a short order the court would announce a detailed judgement. The bench comprising Chief Justice Iftikhar Muhammad Chau
Published 15 Dec, 2011 12:00am
FTSE entry criteria tightened, free float upped

FTSE entry criteria tightened, free float upped

FTSE Group will introduce tighter rules on companies hoping to secure a spot in London's prestigious FTSE 100 index, requiring them to maintain a free float of at least 25 percent. The group, which runs indexes including the UK's blue chip FTSE 100, was r
Published 15 Dec, 2011 12:00am
FTSE entry criteria tightened, free float upped

FTSE entry criteria tightened, free float upped

FTSE Group will introduce tighter rules on companies hoping to secure a spot in London's prestigious FTSE 100 index, requiring them to maintain a free float of at least 25 percent. The group, which runs indexes including the UK's blue chip FTSE 100, was r
Published 15 Dec, 2011 12:00am
FTSE entry criteria tightened, free float upped

FTSE entry criteria tightened, free float upped

FTSE Group will introduce tighter rules on companies hoping to secure a spot in London''s prestigious FTSE 100 index, requiring them to maintain a free float of at least 25 percent. The group, which runs indexes including the UK''s blue chip FTSE 100, was
Published 15 Dec, 2011 12:00am
Don't pay heed to rumours: Gilani

Don't pay heed to rumours: Gilani

Prime Minister Syed Yousuf Raza Gilani said on Thursday that all the state institutions were working within constitutional ambit and urged the nation to forge unity in its ranks for countering challenges. Talking to media persons after chairing first-ever
Published 15 Dec, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
Don't pay heed to rumours: Gilani

Don't pay heed to rumours: Gilani

Prime Minister Syed Yousuf Raza Gilani said on Thursday that all the state institutions were working within constitutional ambit and urged the nation to forge unity in its ranks for countering challenges. Talking to media persons after chairing first-ever
Published 15 Dec, 2011 12:00am
An MP in constant touch with Ejaz: Prime Minister

An MP in constant touch with Ejaz: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Wednesday termed the memogate issue a conspiracy against the Parliament and warned that any unconstitutional step would have dangerous consequences for the country. Responding to a host of issues in the Senate, Gi
Published 15 Dec, 2011 12:00am
An MP in constant touch with Ejaz: Prime Minister

An MP in constant touch with Ejaz: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Wednesday termed the memogate issue a conspiracy against the Parliament and warned that any unconstitutional step would have dangerous consequences for the country. Responding to a host of issues in the Senate, Gi
Published 15 Dec, 2011 12:00am
Zardari likely to return tonight

Zardari likely to return tonight

President Asif Ali Zardari is likely to return to Pakistan late Thursday (today) night. Sources said some high-level scheduled meetings had necessitated his presence in Pakistan. According to sources, some high US officials are expected to visit Pakistan
Published 15 Dec, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
Zardari likely to return tonight

Zardari likely to return tonight

President Asif Ali Zardari is likely to return to Pakistan late Thursday (today) night. Sources said some high-level scheduled meetings had necessitated his presence in Pakistan. According to sources, some high US officials are expected to visit Pakistan
Published 15 Dec, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
DG ISI got Arab consent to sack Z?

DG ISI got Arab consent to sack Z?

In another startling "revelation" in connection with Mansoor Ijaz's exchange of Blackberry messages, Omar Waraich in his blog on the Independent claimed that DG ISI Lieutenant General Ahmed Shuja Pasha had sought and 'received permission from senior Arab
Published 15 Dec, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
DG ISI got Arab consent to sack Z?

DG ISI got Arab consent to sack Z?

In another startling "revelation" in connection with Mansoor Ijaz's exchange of Blackberry messages, Omar Waraich in his blog on the Independent claimed that DG ISI Lieutenant General Ahmed Shuja Pasha had sought and 'received permission from senior Arab
Published 15 Dec, 2011 12:00am
NJLI Capital Growth Fund Rates

NJLI Capital Growth Fund Rates

New Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
Index gains 22.97 points

Index gains 22.97 points

Despite massive selling by foreign investors, the KSE-100 index on Wednesday gained 22.97 points and closed at 11,300.99 points on the back of interest of local investors and institutions in some select stocks.
Published 15 Dec, 2011 12:00am
NJLI Capital Growth Fund Rates

NJLI Capital Growth Fund Rates

New Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
Index gains 22.97 points

Index gains 22.97 points

Despite massive selling by foreign investors, the KSE-100 index on Wednesday gained 22.97 points and closed at 11,300.99 points on the back of interest of local investors and institutions in some select stocks.
Published 15 Dec, 2011 12:00am
NJLI Capital Growth Fund Rates

NJLI Capital Growth Fund Rates

New Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
Index gains 22.97 points

Index gains 22.97 points

Despite massive selling by foreign investors, the KSE-100 index on Wednesday gained 22.97 points and closed at 11,300.99 points on the back of interest of local investors and institutions in some select stocks.
Published 15 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
BRIndex30 up 56.43 points

BRIndex30 up 56.43 points

On Wednesday, the BRIndex30 opened at 8,443.67 points and remained in positive throughout the trading session. It touched the intra-day high of 8,541.11 points and low of 8,450.13 points and closed at 8,500.10 points, with a net positive change of 56.43 p
Published 15 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
BRIndex30 up 56.43 points

BRIndex30 up 56.43 points

On Wednesday, the BRIndex30 opened at 8,443.67 points and remained in positive throughout the trading session. It touched the intra-day high of 8,541.11 points and low of 8,450.13 points and closed at 8,500.10 points, with a net positive change of 56.43 p
Published 15 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 14, 2011).

Published 15 Dec, 2011 12:00am
$700 million programme tied with countering IEDs: US

$700 million programme tied with countering IEDs: US

The United States on Wednesday dismissed reports that it had cut $700 million assistance to Pakistan, but tied it to assurances that Pakistan would cooperate with the United States in countering improvised explosive devises (IEDs) and progress made in thi
Published 15 Dec, 2011 12:00am
$700 million programme tied with countering IEDs: US

$700 million programme tied with countering IEDs: US

The United States on Wednesday dismissed reports that it had cut $700 million assistance to Pakistan, but tied it to assurances that Pakistan would cooperate with the United States in countering improvised explosive devises (IEDs) and progress made in thi
Published 15 Dec, 2011 12:00am
Resumption of Nato supply lines not considered: ISPR

Resumption of Nato supply lines not considered: ISPR

Pakistan military has denied that it is considering to reopen the Nato supply route and no such issue was discussed in telephonic conversation between Chief of Army Staff General Ashfaq Pervaz Kayani and Isaf Commander in Afghanistan General John Allen.
Published 15 Dec, 2011 12:00am
Resumption of Nato supply lines not considered: ISPR

Resumption of Nato supply lines not considered: ISPR

Pakistan military has denied that it is considering to reopen the Nato supply route and no such issue was discussed in telephonic conversation between Chief of Army Staff General Ashfaq Pervaz Kayani and Isaf Commander in Afghanistan General John Allen.
Published 15 Dec, 2011 12:00am
Opec oil deal puts Saudi back in charge

Opec oil deal puts Saudi back in charge

Opec oil producers on Wednesday sealed their first new production limit in three years in a deal that settles a 6-month-old argument over output levels firmly in Saudi Arabia's favour. The Organisation of the Petroleum Exporting Countries agreed a supply
Published 15 Dec, 2011 12:00am
Opec oil deal puts Saudi back in charge

Opec oil deal puts Saudi back in charge

Opec oil producers on Wednesday sealed their first new production limit in three years in a deal that settles a 6-month-old argument over output levels firmly in Saudi Arabia's favour. The Organisation of the Petroleum Exporting Countries agreed a supply
Published 15 Dec, 2011 12:00am
Opec oil deal puts Saudi back in charge

Opec oil deal puts Saudi back in charge

Opec oil producers on Wednesday sealed their first new production limit in three years in a deal that settles a 6-month-old argument over output levels firmly in Saudi Arabia''s favour. The Organisation of the Petroleum Exporting Countries agreed a supply
Published 15 Dec, 2011 12:00am
Revival plan approved by Cabinet: MoF opposes bailout package for PSM

Revival plan approved by Cabinet: MoF opposes bailout package for PSM

The federal cabinet on Wednesday gave approval to a plan for the revival of Pakistan Steel Mills (PSM). The Ministry of Finance (MoF), however, opposed a bailout package for the mega public-sector entity. Briefing the media here on decisions taken by the
Published 15 Dec, 2011 12:00am
Revival plan approved by Cabinet: MoF opposes bailout package for PSM

Revival plan approved by Cabinet: MoF opposes bailout package for PSM

The federal cabinet on Wednesday gave approval to a plan for the revival of Pakistan Steel Mills (PSM). The Ministry of Finance (MoF), however, opposed a bailout package for the mega public-sector entity. Briefing the media here on decisions taken by the
Published 15 Dec, 2011 12:00am
Revival plan approved by Cabinet: MoF opposes bailout package for PSM

Revival plan approved by Cabinet: MoF opposes bailout package for PSM

The federal cabinet on Wednesday gave approval to a plan for the revival of Pakistan Steel Mills (PSM). The Ministry of Finance (MoF), however, opposed a bailout package for the mega public-sector entity. Briefing the media here on decisions taken by the
Published 15 Dec, 2011 12:00am
Fiscal deficit below seven percent a tall order

Fiscal deficit below seven percent a tall order

The country's economic managers are facing a serious challenge to keep the fiscal deficit below 7 percent and maintain foreign exchange reserves with State Bank of Pakistan at the current level of $13 billion due to non-materialisation of estimated extern
Published 15 Dec, 2011 12:00am
Fiscal deficit below seven percent a tall order

Fiscal deficit below seven percent a tall order

The country's economic managers are facing a serious challenge to keep the fiscal deficit below 7 percent and maintain foreign exchange reserves with State Bank of Pakistan at the current level of $13 billion due to non-materialisation of estimated extern
Published 15 Dec, 2011 12:00am
Fiscal deficit below seven percent a tall order

Fiscal deficit below seven percent a tall order

The country''s economic managers are facing a serious challenge to keep the fiscal deficit below 7 percent and maintain foreign exchange reserves with State Bank of Pakistan at the current level of $13 billion due to non-materialisation of estimated exter
Published 15 Dec, 2011 12:00am
Treasury bills sale: all bids rejected

Treasury bills sale: all bids rejected

The Ministry of Finance on Wednesday rejected all bids for the sale of 3-, 6-, 12 months Government of Pakistan Market Treasury Bills (MTBs). Very thin participation was witnessed in the auction of MTBs, conducted by State Bank of Pakistan (SBP).
Published 15 Dec, 2011 12:00am
Treasury bills sale: all bids rejected

Treasury bills sale: all bids rejected

The Ministry of Finance on Wednesday rejected all bids for the sale of 3-, 6-, 12 months Government of Pakistan Market Treasury Bills (MTBs). Very thin participation was witnessed in the auction of MTBs, conducted by State Bank of Pakistan (SBP).
Published 15 Dec, 2011 12:00am
Treasury bills sale: all bids rejected

Treasury bills sale: all bids rejected

The Ministry of Finance on Wednesday rejected all bids for the sale of 3-, 6-, 12 months Government of Pakistan Market Treasury Bills (MTBs). Very thin participation was witnessed in the auction of MTBs, conducted by State Bank of Pakistan (SBP).
Published 15 Dec, 2011 12:00am
Treasury bills sale: all bids rejected

Treasury bills sale: all bids rejected

The Ministry of Finance on Wednesday rejected all bids for the sale of 3-, 6-, 12 months Government of Pakistan Market Treasury Bills (MTBs). Very thin participation was witnessed in the auction of MTBs, conducted by State Bank of Pakistan (SBP).
Published 15 Dec, 2011 12:00am
July-October profit repatriation up 65 percent

July-October profit repatriation up 65 percent

The repatriation of profit and dividend by foreign investors registered a healthy growth of 65 percent during the first four months of the current fiscal year. Last fiscal year saw a constant decline in the repatriation of profit as global meltdown hit th
Published 15 Dec, 2011 12:00am
July-October profit repatriation up 65 percent

July-October profit repatriation up 65 percent

The repatriation of profit and dividend by foreign investors registered a healthy growth of 65 percent during the first four months of the current fiscal year. Last fiscal year saw a constant decline in the repatriation of profit as global meltdown hit th
Published 15 Dec, 2011 12:00am
July-October profit repatriation up 65 percent

July-October profit repatriation up 65 percent

The repatriation of profit and dividend by foreign investors registered a healthy growth of 65 percent during the first four months of the current fiscal year. Last fiscal year saw a constant decline in the repatriation of profit as global meltdown hit th
Published 15 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 Dec, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Dec, 2011 12:00am
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