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Archive - 2011-12-18
President Zardari returns home
Top News

President Zardari returns home

KARACHI : President Asif Ali Zardari returned home on Monday after medical treatment in Dubai , a provincial government
Published 18 Dec, 2011 08:42pm
US forces quit Iraq nine years on
Top News

US forces quit Iraq nine years on

IRAQ-KUWAIT BORDER: The last US forces left Iraq and entered Kuwait on Sunday, nearly nine years after launching a divis
Published 18 Dec, 2011 07:32pm
Irish government unpopular after budget
Top News

Irish government unpopular after budget

DUBLIN: Support for Irish Prime Minister Enda Kenny and his coalition government has dropped sharply following his first
Published 18 Dec, 2011 03:26pm
Pope visits Rome jail
Europe

Pope visits Rome jail

ROME: Pope Benedict brought tears to the eyes of hardened criminals on Sunday, telling them in a visit to one of Italy's
Published 18 Dec, 2011 02:17pm
Agri FM Radio to function in 2012
Top News

Agri FM Radio to function in 2012

FAISALABAD : First ever Agri FM Radio of the University of Agriculture Faisalabad (UAF) will start functioning in 2012.
Published 18 Dec, 2011 12:44pm
Pak, Thai to cooperate for Halal Meat
Top News

Pak, Thai to cooperate for Halal Meat

FAISALABAD: Pakistan and Thailand will extend their co operation in livestock and poultry industry sectors in the form o
Published 18 Dec, 2011 12:07pm
Nawaz leaving for Karachi on Monday
Top News

Nawaz leaving for Karachi on Monday

LAHORE: Pakistan Muslim League (Nawaz) President Mohammed Nawaz Sharif is undertaking a three-day tour to Karachi from M
Published 18 Dec, 2011 09:04am
Shakib, Rahim boost Bangladesh
Cricket

Shakib, Rahim boost Bangladesh

DHAKA: Shakib Al Hasan and Mushfiqur Rahim kept Pakistan at bay on Sunday morning as Bangladesh reached 285-5 in their f
Published 18 Dec, 2011 06:27am
Leader of ‘Velvet Revolution’ dies
Top News

Leader of ‘Velvet Revolution’ dies

PRAGUE: Vaclav Havel, a dissident playwright who was jailed by Communists and then went on to lead the bloodless "Velvet
Published 18 Dec, 2011 05:18am
China November house inflation 2.2pc
Top News

China November house inflation 2.2pc

BEIJING: Average house price inflation in China's 70 major cities eased to 2.2 percent in November from October's 2.8 pe
Published 18 Dec, 2011 05:15am
Prices remain on high side
Top News

Prices remain on high side

TAHIR AMIN ISLAMABAD : Prices of essential kitchen items remained on the high side without significant changes during
Published 18 Dec, 2011 05:11am
As markets plunge, wealthy flock to art
Top News

As markets plunge, wealthy flock to art

HONG KONG: In a spacious, luxury apartment perched on the leafy hills of Hong Kong, Kai-Yin Lo browses through a trove o
Published 18 Dec, 2011 05:04am
Last US forces leave Iraq: US army
Top News

Last US forces leave Iraq: US army

IRAQ-KUWAIT BORDER: The last US troops crossed into neighbouring Kuwait on Sunday morning, completing their withdrawal f
Published 18 Dec, 2011 05:00am
EFP for regional cooperation among Asian states

EFP for regional cooperation among Asian states

President, Employers Federation of Pakistan (EFP), Haji Mohammad Javed has stressed the need for regional co-operation among Asian states. Talking to the media after his return to Pakistan from Japan, he said the Asian states should also establish an orga
Published 18 Dec, 2011 12:00am
100 earn gold medals: 9,700 Karachi University students awarded degrees

100 earn gold medals: 9,700 Karachi University students awarded degrees

Some 9,700 graduates of the 2010-11 batch of Karachi University were conferred degrees at the annual convocation held at the varsity, here on Saturday. However, only 1,875 students got themselves enrolled for participating at convocation ceremony. Of them
Published 18 Dec, 2011 12:00am
New security system for Landhi industrial area

New security system for Landhi industrial area

In view of the increasing street-crimes here, country's financial hub, industrialists have introduced a 'model private security system' for Landhi Industrial Area. A centralised security system based on inter-company security methods, intelligence sharing
Published 18 Dec, 2011 12:00am
20 new colleges to be opened in Sindh

20 new colleges to be opened in Sindh

The Sindh Education Department has decided to open 20 more colleges in the province, Business Recorder learnt on Saturday. According to details, 16 colleges would be for women and rest for boys.
Published 18 Dec, 2011 12:00am
Kotri Barrage canals closure

Kotri Barrage canals closure

Chief Engineer Irrigation Kotri Barrage, has notified for zamindars (land owners), cultivators and farmers that the Kotri Barrage canals will remain closed with effect from 25th December 2011 to 10th January, 2012 for annual normal inspection/maintenance
Published 18 Dec, 2011 12:00am
Industrial units operating on gas to remain closed on Sundays

Industrial units operating on gas to remain closed on Sundays

All the industrial units operating on gas or generating their own power by using gas will remain closed on Sundays on the assurance of the government that it will provide full pressure of gas to industries from Monday to Saturday. The government also assu
Published 18 Dec, 2011 12:00am
'Lawyers to resist any military coup'

'Lawyers to resist any military coup'

Member Pakistan Bar Council Hamid Khan has vowed that lawyers will resist any military coup and would launch another movement. Addressing a press conference here on Saturday, he said lawyers are the protectors of constitution and law. He said an independe
Published 18 Dec, 2011 12:00am
Sepa unhappy over poor waste management

Sepa unhappy over poor waste management

Sindh Environmental Protection Agency (Sepa) has expressed anger over the non-seriousness of town officials of all towns of the city in making environment safe and clean. It issued warning notices to concerned officials of towns for proper dumping of wast
Published 18 Dec, 2011 12:00am
Two new women police stations to be set up in Sindh

Two new women police stations to be set up in Sindh

Two new women police stations would be established while the three already functioning in Karachi would be upgraded. This was stated by Inspector General of Police (IGP) Sindh, Mushtaq Ahmed Shah. Presiding over a meeting at the Central Police Office (CPO
Published 18 Dec, 2011 12:00am
A pro-women legislation

A pro-women legislation

December 12, 2011 will remain a historic day in Pakistani women's fight against violence and discrimination as the Senate unanimously passed two bills to criminalise such anti-women practices. The Acid Control and Acid Crime Prevention (Amendment) Bill an
Published 18 Dec, 2011 12:00am
Drug rehabilitation in seminaries

Drug rehabilitation in seminaries

Not a week goes by when Pakistanis aren't left in shock at the preposterous and heinous events unfolding around them. The latest story of a "madrassah jail" being operated in Karachi in which more than 50 students - ages 7 to 45 - were kept in chains in i
Published 18 Dec, 2011 12:00am
The gas issue

The gas issue

The state of the country's economy today is such that day-to-day survival has become a challenge that consumes most of the common man's energy. It is a daily battle which is forced to fight just to make ends meet and as if that wasn't enough, a few facili
Published 18 Dec, 2011 12:00am
Hardware manufacturing clusters in Punjab

Hardware manufacturing clusters in Punjab

Economic diversification is vital for adding new jobs and securing quality growth. Manufacturing is critical to achieving such objectives. Hardware manufacturing, in particular, is important in this regard because it simultaneously enjoys domestic, commer
Published 18 Dec, 2011 12:00am
Turkey warns France against Armenian 'genocide' bill

Turkey warns France against Armenian 'genocide' bill

Turkey raised its stakes against France Friday, with its prime minister warning President Nicholas Sarkozy of "terrible" consequences if the French parliament passes a bill which would punish anyone denying that the mass killing of Armenians in 1915-18 co
Published 18 Dec, 2011 12:00am
Hazards of communication

Hazards of communication

Mobile phone is a personal machine, which is carried anytime all the time. A personal gadget, it could be considered a blessing but it is a sure-fire recipe for social trouble as it has turned into a nuisance for many, most of the time.
Published 18 Dec, 2011 12:00am
Anti-encroachment operation: TMA confiscates 14 truckloads of goods

Anti-encroachment operation: TMA confiscates 14 truckloads of goods

Under grand anti-encroachment operation of Tehsil Municipal Authority (TMA), 14 trucks loaded with goods were confiscated here during the last six days, while as many as 110 shopkeepers were also fined. Tehsil Municipal Officer talking to APP said that ra
Published 18 Dec, 2011 12:00am
Senator dismisses Prime Minister's statement

Senator dismisses Prime Minister's statement

Senator Tariq Azeem, former minister of state dismissed in Senate Prime Minister Syed Yousuf Raza Gilani's statement claiming he never held a secret meeting with Memogate whistleblower Mansoor Ejaz. Prime Minister Gilani, while speaking on the floor of up
Published 18 Dec, 2011 12:00am
Prices remain on high side

Prices remain on high side

Prices of essential kitchen items remained on the high side without significant changes during the current week compared to last week, a survey carried out by Business Recorder on Saturday showed. In the twin cities of Islamabad/Rawalpindi, traders
Published 18 Dec, 2011 12:00am
Governor launches anti-polio campaign

Governor launches anti-polio campaign

Khyber Pakhtunkhwa Governor, Barrister Masood Kausar formally inaugurated the 3-day Sub-National Immunisation Campaign for Polio eradication; starting from Monday (tomorrow) in selected districts of the province as well as all the tribal agencies and cert
Published 18 Dec, 2011 12:00am
Low gas pressure causing inconvenience to people

Low gas pressure causing inconvenience to people

The residents of twin cities of Rawalpindi/ Islamabad are facing severe problem of low gas pressure, which has made their lives miserable. Talking to Business Recorder here on Saturday they said that they were unable to cook anything at home. They
Published 18 Dec, 2011 12:00am
Rs 10 billion released for BISP, Senate told

Rs 10 billion released for BISP, Senate told

The government has released Rs 10 billion, out of total budgetary allocation of Rs 50 billion, for Benazir Income Support Programme (BISP) in the first half of current fiscal year. In a written reply during Senate question hour on Saturday, it was stated
Published 18 Dec, 2011 12:00am
Absence of ministers: Senate loses quorum after members walk out

Absence of ministers: Senate loses quorum after members walk out

The government's failure to maintain quorum compelled the presiding officer on Saturday to adjourn the proceedings of Senate without taking up any agenda item after senators of coalition parties joined the walkout of opposition against persistent absence
Published 18 Dec, 2011 12:00am
Third consecutive day: 380 CNG pumps, 600 industrial units remain closed

Third consecutive day: 380 CNG pumps, 600 industrial units remain closed

About 380 CNG stations and over 600 textile industrial units remained closed in Faisalabad region on the third consecutive day, under four days gas loadshedding schedule, here on Saturday. Industrialists, industrial workers and people were protesting agai
Published 18 Dec, 2011 12:00am
'Pakistan has missed wheat crop-sowing target by 1.8 million acres'

'Pakistan has missed wheat crop-sowing target by 1.8 million acres'

Agri Forum Pakistan Chairman Muhammad Ibrahim Mughal has claimed that Pakistan has missed the wheat crop-sowing target by 1.8 million acres. In Punjab alone, around one million-acre cannot be brought under wheat cultivation as a result of delayed decision
Published 18 Dec, 2011 12:00am
Move to destabilise parliament: PPP Punjab adopts unanimous resolution

Move to destabilise parliament: PPP Punjab adopts unanimous resolution

President PPP Punjab Imtiaz Safdar Warraich on Saturday said the party has passed a unanimous resolution against clandestine moves to destabilise the parliament. He was addressing a press conference after attending a meeting, presided over by Chairperson
Published 18 Dec, 2011 12:00am
First-ever business train's ticket sale begins

First-ever business train's ticket sale begins

Sale of tickets for Pakistan's first ever business train in the private sector commenced on Saturday while its service would start from January 15 2012. Pakistan Railways Chairman, Muhammad Arif Azeem booked a ticket from Lahore to Karachi at a specially
Published 18 Dec, 2011 12:00am
Three women killed in road accident

Three women killed in road accident

Three women died and a girl sustained injuries after a speedy bus hit their rickshaw near Gaddafi Chowk, here on Saturday. According to Rescue 1122 sources, Saima (28) w/o Rashid Ali and Rukhsat Bibi (36) w/o Fida Hussain were going to get a newly-born ba
Published 18 Dec, 2011 12:00am
Faryal meets Latif Khosa

Faryal meets Latif Khosa

Senior PPP leader MNA Faryal Talpur called on Punjab Governor Sardar Latif Khosa in Lahore. Both the leaders deliberated upon the prevailing political situation in the province. Faryal Talpur also held a meeting with Opposition leader in the Punjab Assemb
Published 18 Dec, 2011 12:00am
Civil society bodies term Memogate a conspiracy against government

Civil society bodies term Memogate a conspiracy against government

Representatives of the civil society including non-governmental organisations, labour organisations, academia, women's rights bodies, and media persons expressed deep concern over the current political situation in the country where crisis is being manufa
Published 18 Dec, 2011 12:00am
Prime Minister urged to announce fresh polls to overcome crises

Prime Minister urged to announce fresh polls to overcome crises

The Information Secretary of Pakistan Muslim League-Nawaz (PML-N), Senator Mushahidullah on Saturday advised Prime Minister Yousuf Raza Gilani to announce fresh polls in the country to pave the way for amicable solution to the present crises faced by the
Published 18 Dec, 2011 12:00am
'Religious forces united to protect independence, sovereignty'

'Religious forces united to protect independence, sovereignty'

Thousands of people will throng Minar-e-Pakistan grounds here Sunday (today) on the call of Defa'e Pakistan Council and resolve to protect country's independence and sovereignty and get rid of the elements who have sold out the motherland for a few dollar
Published 18 Dec, 2011 12:00am
SNGPL taskforce disconnects fake connections

SNGPL taskforce disconnects fake connections

Taskforce on Unaccounted for Gas-Control (UFG-C) of Sui Northern Gas Pipe Lines Limited (SNGPL) Lahore region on Saturday disconnected one bypass of illegal network of 200 houses from Shalimar town area. According to the spokesperson of the Lahore region
Published 18 Dec, 2011 12:00am
OGDC ready to deliver 100 mmcfd gas to SSGC, produce 1000 bbl oil/day

OGDC ready to deliver 100 mmcfd gas to SSGC, produce 1000 bbl oil/day

Apropos to the news item titled 'Multi-billion-dollars scheme" Secret deal for LPG/NGL extraction project', published in a section of press on December 16 & 17, 2011. The OGDC strongly rejects the allegations levelled in the news item and confirms that th
Published 18 Dec, 2011 12:00am
Sugarcane prices: hundreds protest killing of villager

Sugarcane prices: hundreds protest killing of villager

Hundreds of sugarcane farmers took out a protest procession and blocked many main and link roads of the industrial city as a mark of protest against the brutal murder of a villager over the dispute of sugarcane prices.
Published 18 Dec, 2011 12:00am
FIA raids money exchangers market

FIA raids money exchangers market

Federal Investigation Agency (FIA) raided the moneychangers market in Blue Area of the capital and sealed the premises of one of the money exchangers. According to details, this was the second raid against illegal moneychanger this week. The Imperial Inte
Published 18 Dec, 2011 12:00am
Four killed in separate incidents

Four killed in separate incidents

At least four persons including a minor girl were fallen prey to targeted killing spree in separate incidents at various parts of the metropolis here on Saturday. According to details, a 10-year old girl was shot dead by her tuition fellow in the remits o
Published 18 Dec, 2011 12:00am
IG Sindh asked to further tighten security

IG Sindh asked to further tighten security

Interior Minister Rehman Malik on Saturday directed Inspector General Sindh to further tighten the security checking system. He directed IG Sindh on the reported information regarding, transportation of arms to Karachi. The Minister lauded the performance
Published 18 Dec, 2011 12:00am
USC reduces prices of 300 items

USC reduces prices of 300 items

Utility Stores Corporation (USC) has reduced the prices of 300 items with immediate effect. According to a notification received on Saturday, vegetable ghee now will be available at Rs 151/kg instead of Rs 155.
Published 18 Dec, 2011 12:00am
Memo scandal: nation wants to know truth, says Hamza

Memo scandal: nation wants to know truth, says Hamza

Pakistan Muslim League-N leader Hamza Shahbaz Sharif has said the party chief Nawaz Sharif has fulfilled his national obligation by approaching Supreme Court on the issue of memogate scandal and now the nation wants to know truth. He said that the stateme
Published 18 Dec, 2011 12:00am
Yaqub concerned over 24-hour gas shutdown

Yaqub concerned over 24-hour gas shutdown

Former president of Hyderabad Chamber of Commerce and Industries (HCCI) Haji Mohammad Yaqub has expressed concern over the 24 hours gas shut down in the name of low gas pressure at the industrial area of Hyderabad, Kotri and Noriabad on Saturday. He said
Published 18 Dec, 2011 12:00am
Government urged to set up model pharmacies in major hospitals

Government urged to set up model pharmacies in major hospitals

Following the Supreme Court directives, speakers at a seminar urged the government to establish model pharmacies in major hospitals in different cities of Sindh. These views were expressed at a daylong seminar organised by Pakistan Society of Health-Syste
Published 18 Dec, 2011 12:00am
POF Board officials Promotions approved

POF Board officials Promotions approved

Prime Minister Syed Yousuf Raza Gilani on Saturday approved the promotion of the officers of Pakistan Ordnance Factory Board on the recommendations of the Central Selection Board.According to the Prime Minister House, Akbar Marjan, Muhammad Azeem Zaki and
Published 18 Dec, 2011 12:00am
18 students caught cheating in exams

18 students caught cheating in exams

The Examination Vigilance team headed by Regional Director Colleges here Barkat Ali Haidri with Controller of Examination, University of Sindh, Jamshoro Nawaz Narejo, Professor Dr Naeem Narejo and Dr Abdul Shakoor as members paid surprise visits to variou
Published 18 Dec, 2011 12:00am
IN SHORT: China 2012 cotton area forecast to decline

IN SHORT: China 2012 cotton area forecast to decline

China's 2012 cotton-growing area is forecast to decline 8.2 pct due to falling cotton prices, according to a survey published on an industry website on Friday. Planned cotton acreage was estimated at 4.86 million hectares, or 72.94 million mu, said www.cn
Published 18 Dec, 2011 12:00am
IN SHORT: Indonesia's ICDX plans to launch rubber contract

IN SHORT: Indonesia's ICDX plans to launch rubber contract

The Indonesia Commodity & Derivative Exchange (ICDX) is planning to launch a physical rubber contract, its chief executive officer said on Tuesday. The decision was made following talks between the International Tripartite Rubber Council (ITRC) on Saturda
Published 18 Dec, 2011 12:00am
IN SHORT: late rains dampen Australia grains harvest

IN SHORT: late rains dampen Australia grains harvest

Heavy late spring rains are dampening expectations over Australia's forecast bumper grains harvest this year, Rabobank said on Monday, as the La Nina weather pattern blamed for heavy flooding last year returns. While farmers had been buoyed by the positiv
Published 18 Dec, 2011 12:00am
IN SHORT: low export demand pummels Ivorian cocoa price

IN SHORT: low export demand pummels Ivorian cocoa price

Cocoa farmgate prices in Ivory Coast extended losses last week amid soft demand from local grinders and exporters, triggering a round of panic selling by growers. The fall in prices to around 550 CFA francs ($1.09) per kilogram from over 700 CFA francs at
Published 18 Dec, 2011 12:00am
IN SHORT: Bangladesh not to import rice on record crops

IN SHORT: Bangladesh not to import rice on record crops

Bangladesh will not import rice over the next six months to June 2012 because it has bulging domestic stocks and procurement at home is rising, thanks to successive record crops, a senior procurement official said on Wednesday.
Published 18 Dec, 2011 12:00am
IN SHORT: Nicaragua coffee exports fall

IN SHORT: Nicaragua coffee exports fall

Coffee exports from Nicaragua fell 40 percent in November from the same month last year to 21,575 60-kg bags, the national export board said on Thursday. The harvesting season in Central America and Mexico, which together produce more than one-fifth of th
Published 18 Dec, 2011 12:00am
Commodity prices retreat on economy strains

Commodity prices retreat on economy strains

Commodity prices slumped last week on increasing worries about the future of the eurozone, the possibility of fresh recession in major economies and a Chinese manufacturing slowdown, analysts said. Traders meanwhile reacted to news that the Federal Open M
Published 18 Dec, 2011 12:00am
New York cotton ends flat after two days of volatile trade

New York cotton ends flat after two days of volatile trade

US cotton futures finished flat on Friday, after two straight days of price swings, as investors reacted to developments from outside markets amid weak fundamentals for the fibre. Benchmark cotton for March delivery on ICE Futures US settled at 86.29 cent
Published 18 Dec, 2011 12:00am
Top three rubber producers aim to set up regional market

Top three rubber producers aim to set up regional market

The world's top three rubber producers - Thailand, Indonesia and Malaysia - aim to launch a regional rubber market to set realistic prices and cushion farmers from volatility in futures prices, a senior official said on Thursday.
Published 18 Dec, 2011 12:00am
India's sugar stocks up

India's sugar stocks up

India's sugar inventory rose 23.7 percent to 4.7 million tonnes on November 1 from a year ago, industry sources told Reuters on Monday. November stocks are sufficient to meet about two months of domestic demand. Sugar inventory on October 1, when the new
Published 18 Dec, 2011 12:00am
Australia sees sugar exports up higher

Australia sees sugar exports up higher

Australian sugar exports are forecast to increase by 7 percent in 2011-12 to 2.8 million tonnes in line with a rise in production from canefields recovering from cyclone damage earlier this year, the government's commodities forecaster said.
Published 18 Dec, 2011 12:00am
US gold ends up

US gold ends up

A weakening dollar and short covering drove investors back into gold on Friday, lifting prices to end a sharp four-session pullback that still yielded the biggest weekly decline in almost three months. Spot gold rallied as much as 1.7 percent to $1,600.49
Published 18 Dec, 2011 12:00am
Philippines may export rice

Philippines may export rice

The Philippines could become a rice exporter by 2014, or a year after attaining self-sufficiency in its national staple, and will study possible varieties it could sell to the international market, the agriculture secretary said.
Published 18 Dec, 2011 12:00am
Vietnam may delay coffee shipments

Vietnam may delay coffee shipments

Vietnamese exporters may delay some robusta shipments as farmers hold on to their beans with domestic prices remaining higher than export prices, traders said on Thursday. Farmers in Vietnam, the world's largest robusta producer, have picked between half
Published 18 Dec, 2011 12:00am
Pentagon chief sees close partnership with Libya

Pentagon chief sees close partnership with Libya

US Defence Secretary Leon Panetta said on Saturday that Tripoli could become an important security partner of Washington as he visited Libya for talks with new regime officials. "We are and will be your friend and partner," Panetta said at a news conferen
Published 18 Dec, 2011 12:00am
Israeli troops kill Gaza Strip man

Israeli troops kill Gaza Strip man

Israeli troops killed one Palestinian and wounded two in the central Gaza Strip on Saturday, local hospital officials said. An Israeli military spokeswoman said troops on patrol along the Israeli side of the border fence with the Gaza Strip heard a loud e
Published 18 Dec, 2011 12:00am
Islamic Jihad leader held in West Bank

Islamic Jihad leader held in West Bank

The Israeli military has detained one of the main leaders of the Palestinian militant movement Islamic Jihad, a Palestinian security source said on Saturday. Khodr Adnan, 40, a former spokesman for the radical group, was seized overnight at Araba near the
Published 18 Dec, 2011 12:00am
Five people shot dead in Illinois town

Five people shot dead in Illinois town

Five people, including three children, have been found shot to death in the small town of Emington, Illinois, local media reported Saturday. The bodies of a woman, a girl and a baby were found in the backyard of a home Friday while a man and a boy were fo
Published 18 Dec, 2011 12:00am
Tunisians celebrate anniversary of pioneering Arab revolt

Tunisians celebrate anniversary of pioneering Arab revolt

Thousands of Tunisians rallied on Saturday to commemorate a young fruitseller's desperate gesture a year ago which unleashed the pioneering revolution of the Arab Spring. Newly-elected President Moncef Marzouki joined the crowds in the town of Sidi Bouzid
Published 18 Dec, 2011 12:00am
Cape Verde's 'barefoot diva' dies

Cape Verde's 'barefoot diva' dies

Legendary Cape Verdean singer Cesaria Evora, nicknamed the "barefoot diva", died Saturday in a hospital at the age of 70, three months after retiring due to ill health. The singing star, who won international acclaim with her sultry voice and melancholy b
Published 18 Dec, 2011 12:00am
Key Iraq bloc to boycott parliament

Key Iraq bloc to boycott parliament

The secular Iraqiya bloc, which won most of the votes of Iraq's disenchanted Sunni Arab minority, walked out of parliament on Saturday sparking a political crisis days after US forces ended their mission. The bloc, led by former premier Iyad Allawi, said
Published 18 Dec, 2011 12:00am
Arabs threaten to take Syria to UN over crackdown

Arabs threaten to take Syria to UN over crackdown

The Arab League threatened on Saturday to take Syria to the UN for procrastinating over its deadly crackdown on dissent, as an Iraqi mediator reported "positive" talks aimed at defusing the crisis. In Doha, Qatar's Prime Minister Sheikh Hamad bin Jassem A
Published 18 Dec, 2011 12:00am
Dozens killed in Syria

Dozens killed in Syria

Thirty-four people were killed in the government crackdown on protesters across Syria on Saturday, as the Arab League announced was considering an appeal to the United Nations Security Council to bring an end to the violence. Activists based in Beirut tol
Published 18 Dec, 2011 12:00am
Afghanistan denies deal with Taliban over schools

Afghanistan denies deal with Taliban over schools

The Afghan government on Saturday denied making a deal with the Taliban agreeing a more conservative curriculum and more mullahs as teachers in return for an end to attacks on schools. Responding to a report released by the Afghanistan Analysts Network (A
Published 18 Dec, 2011 12:00am
Taliban must be part of any Afghan solution: Qatar

Taliban must be part of any Afghan solution: Qatar

The Taliban must be part of any resolution to the Afghanistan conflict, Qatar's premier said on Saturday after Kabul recalled its ambassador to the Gulf state in protest at being left out of talks over the opening of a Taliban office there. "A solution in
Published 18 Dec, 2011 12:00am
Britain is a Christian country: Prime Minister

Britain is a Christian country: Prime Minister

Britain is a Christian nation and should not be afraid of standing up for Christian values to help counter the country's "moral collapse", Prime Minister David Cameron said Friday. In a rare foray into religion by a British premier, Cameron said "live and
Published 18 Dec, 2011 12:00am
Amnesty, HRW urge Saudi Arabia to scrap amputations

Amnesty, HRW urge Saudi Arabia to scrap amputations

Amnesty International and Human Rights Watch have urged Saudi Arabia to scrap amputation sentences against six men convicted of robbery, with HRW on Saturday calling the sentencing "prohibited torture." "Cutting off someone's hands and feet is torture, pl
Published 18 Dec, 2011 12:00am
Nato ends Iraq training mission

Nato ends Iraq training mission

Nato ended its training mission in Iraq on Saturday as alliance officials lamented the collapse of a deal to extend it because Baghdad refused to grant its troops immunity from prosecution. US Lieutenant General Robert Caslen, the head of the Nato trainin
Published 18 Dec, 2011 12:00am
Pilot error may have caused Iran drone crash

Pilot error may have caused Iran drone crash

The United States is investigating a combination of pilot error and mechanical failure as possible causes for the crash of a classified US drone in Iran and does not believe Iran brought down the plane, according to two US government officials.
Published 18 Dec, 2011 12:00am
Wall Street rally fades after warnings on Europe

Wall Street rally fades after warnings on Europe

A rally in US stocks fizzled, leaving major indexes with modest gains Friday, as Wall Street was torn between hope that US economic data signals better times ahead and fear Europe's debt crisis will engulf world economies. About 8.9 billion shares changed
Published 18 Dec, 2011 12:00am
EU woes derail year-end rally in Latam stocks

EU woes derail year-end rally in Latam stocks

A year-end rally in Latin American stocks fizzled this week as renewed fears about Europe dragged down equities and analysts expected volatility to persist in the next weeks. Stocks in Mexico and Brazil seesawed through Friday's session, with Mexico edgin
Published 18 Dec, 2011 12:00am
Zynga dips below IPO offer price

Zynga dips below IPO offer price

Shares of online games developer Zynga Inc fell on their first day of trading in a sign that sentiment in the IPO market was turning cautious for even the hottest tech names. The dip also underscored investor concern about Zynga's dimming growth prospects
Published 18 Dec, 2011 12:00am
Japanese bond futures inch lower

Japanese bond futures inch lower

Japanese government bond futures inched lower on Friday as signs of strength in the US economy temporarily broke through gloom over the European debt crisis, but persisting worries about the region kept the benchmark yield at a three-week low.
Published 18 Dec, 2011 12:00am
Japanese bond futures inch lower

Japanese bond futures inch lower

Japanese government bond futures inched lower on Friday as signs of strength in the US economy temporarily broke through gloom over the European debt crisis, but persisting worries about the region kept the benchmark yield at a three-week low.
Published 18 Dec, 2011 12:00am
Treasuries outlook: long-end rally pushes yields to two-month lows

Treasuries outlook: long-end rally pushes yields to two-month lows

US Treasury debt prices rose on Friday as safe-haven buying intensified and the Federal Reserve's presence in the Treasury market spurred some defensive positioning by Treasury traders later in the day. Fears that Europe's debt troubles were moving back i
Published 18 Dec, 2011 12:00am
Treasuries outlook: long-end rally pushes yields to two-month lows

Treasuries outlook: long-end rally pushes yields to two-month lows

US Treasury debt prices rose on Friday as safe-haven buying intensified and the Federal Reserve's presence in the Treasury market spurred some defensive positioning by Treasury traders later in the day. Fears that Europe's debt troubles were moving back i
Published 18 Dec, 2011 12:00am
Haili Chemical eyes $1 billion Shanghai IPO

Haili Chemical eyes $1 billion Shanghai IPO

Chinese chemical maker Shandong Haili Chemical Industry Co Ltd has sought regulatory approval for a domestic initial public offering to raise up to 6.4 billion yuan ($1 billion), the environment ministry said. The producer of epichlorohydrin and adipic ac
Published 18 Dec, 2011 12:00am
TSX posts biggest rise this month

TSX posts biggest rise this month

Energy and mining issues led Toronto's main stock index to its biggest rise this month on Friday as investors' nerves were soothed by upbeat US economic data and a move by some eurozone nations to boost the International Monetary Fund's lending capacity.
Published 18 Dec, 2011 12:00am
Sri Lankan bourse falls

Sri Lankan bourse falls

Sri Lanka's stock market lost in thin volume on Friday with foreign selling as lack of credit kept investors on the sidelines ahead of the December monetary policy rates announcement, while the central bank held the rupee steady.
Published 18 Dec, 2011 12:00am
Turkish markets rise

Turkish markets rise

Turkish shares tracked global stocks higher on Friday and were underpinned by bullish domestic data while the lira and bonds were steady in cautious trade as investor attention began to turn to next week's central bank meeting.
Published 18 Dec, 2011 12:00am
Michael Kors makes a glitzy market debut

Michael Kors makes a glitzy market debut

Michael Kors Holdings Ltd stood out in its market debut, keeping pace with star technology sector IPOs and showcasing the resilience of the luxury market even in a gloomy economy. Shares of the luxury brand touched a high of $25.23, before ending the day
Published 18 Dec, 2011 12:00am
Energy IPOs fail to ignite investor interest

Energy IPOs fail to ignite investor interest

Three energy companies that listed on Thursday failed to spark enough investor interest as initial public offerings of technology and luxury goods companies remain the flavour of the season. Bonanza Creek Energy Inc, which settled for selling fewer shares
Published 18 Dec, 2011 12:00am
Indian bond yields drop

Indian bond yields drop

Indian bond yields fell to near three-month lows on Friday after the central bank said it may start cutting interest rates, while the rupee and stocks fell after an early bounce. As widely expected, the Reserve Bank of India kept key interest rates on hol
Published 18 Dec, 2011 12:00am
Indian bond yields drop

Indian bond yields drop

Indian bond yields fell to near three-month lows on Friday after the central bank said it may start cutting interest rates, while the rupee and stocks fell after an early bounce. As widely expected, the Reserve Bank of India kept key interest rates on hol
Published 18 Dec, 2011 12:00am
Latam currencies up as euro bond yields dip

Latam currencies up as euro bond yields dip

The Mexican peso and Brazilian real were on track to end the week on a positive note as retreating European bond yields eased fears about the euro zone's debt crisis. Benchmark Italian bond yields held below 7 percent on Friday, and Spanish yields also fe
Published 18 Dec, 2011 12:00am
African currencies outlook

African currencies outlook

Kenya's and Uganda's shillings are likely to strengthen next week due to waning demand for dollars as the year comes to a close. The Ugandan shilling may also be helped by foreign currency inflows from the diaspora.
Published 18 Dec, 2011 12:00am
ECB moves drive down Euribor rates

ECB moves drive down Euribor rates

Key euro zone bank-to-bank lending rates continued to head south on Friday as rising excess liquidity in the banking system, the recent ECB policy rate cut and its plans to pump 3-year liquidity into the system, kept downward pressure on them. On Tuesday,
Published 18 Dec, 2011 12:00am
South Korean won gains on US data

South Korean won gains on US data

The South Korean won ended up on Friday, putting an end to six straight days of decline on fresh hopes from positive US economic data and a successful auction of Spanish bonds. The local currency closed at 1,158.6, compared with Thursday's close of 1,163.
Published 18 Dec, 2011 12:00am
Euro posts largest weekly loss versus dollar in three months

Euro posts largest weekly loss versus dollar in three months

The euro edged higher against the US dollar Friday but posted its worst weekly performance in three months versus the greenback, with the threat of eurozone sovereign downgrades keeping the common currency vulnerable to sell-offs next week.
Published 18 Dec, 2011 12:00am
Speculators boost dollar longs, stay short euro

Speculators boost dollar longs, stay short euro

Currency speculators increased their bets in favour of the US dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position rose to $16.32 billion in the week end
Published 18 Dec, 2011 12:00am
Canadian dollar drifts lower

Canadian dollar drifts lower

The Canadian dollar eased against the US currency on Friday and the 30-year bond yield plunged to a record low as worries about potential downgrades of weaker euro zone countries spoiled risk appetite. Volume was light across financial markets heading int
Published 18 Dec, 2011 12:00am
More eurozone banks risk money markets freeze

More eurozone banks risk money markets freeze

Even the safest euro zone banks could start queuing up at the European Central Bank for cash in the next few months as their massive exposure to government debt freezes them out of money markets. The pressure pushing banks' short-term funding costs higher
Published 18 Dec, 2011 12:00am
Blatter admits errors, vows to carry on

Blatter admits errors, vows to carry on

FIFA president Sepp Blatter admitted on Saturday mistakes had been made but said there was no point living with regrets after a year of "ups and downs" for football's world governing body. Speaking in Tokyo on the eve of the Club World Cup final between B
Published 18 Dec, 2011 12:00am
Teen sensation Thompson makes history in Dubai

Teen sensation Thompson makes history in Dubai

American teen Alexis Thompson was simply sensational on the back nine of Saturday's final round as she won the Dubai Ladies Masters by four shots to become the youngest professional winner on the Ladies European Tour. At the par-72 Majlis Course of Emirat
Published 18 Dec, 2011 12:00am
China's Chen stuns favourite Lee

China's Chen stuns favourite Lee

China's second seed Chen Long created the shock of the World Superseries Finals on Saturday in Liuzhou as he knocked out defending champion and world number one Lee Chong Wei, 21-16, 16-21, 21-18. Lee's rivalry with Chinese ace Lin Dan has been the focal
Published 18 Dec, 2011 12:00am
Newcastle's poor run continues against Swansea

Newcastle's poor run continues against Swansea

Newcastle United's hopes of a top-four finish in the Premier League took another knock on Saturday when they were held to a goalless draw at St James' Park by Swansea City and failed to win for the fifth successive game. Newcastle's 11-match unbeaten run
Published 18 Dec, 2011 12:00am
Shakib, Nafees lead Bangladesh's fightback

Shakib, Nafees lead Bangladesh's fightback

Shakib Al Hasan cracked a career-best 108 not out and Shahriar Nafees hit a solid 97 to lead Bangladesh's recovery on the opening day of the second and final Test against Pakistan in Dhaka on Saturday. Bangladesh were struggling at 43-4 following paceman
Published 18 Dec, 2011 12:00am
South Africa storm to innings win

South Africa storm to innings win

Vernon Philander claimed his second five-wicket haul of the match as South Africa stormed to victory by an innings and 81 runs before tea on the third day of the first Test against Sri Lanka at SuperSport Park here on Saturday. Sri Lanka crashed to 150 al
Published 18 Dec, 2011 12:00am
Warner outshines Warne with explosive century

Warner outshines Warne with explosive century

Dynamic opening batsman David Warner thwarted Shane Warne's comeback to Twenty20 cricket with a pulsating century in Australia's Big Bash League at the Melbourne Cricket Ground on Saturday. The powerful left-hander smashed an unbeaten 102 off 51 balls to
Published 18 Dec, 2011 12:00am
Inter-House Athletics activities concluded

Inter-House Athletics activities concluded

While keeping in view the significance of sports activities in grooming of a healthy society, Saint Francis' school system organised a colourful concluding ceremony of the Annual Inter-House Athletics Sport activities for 2010-11 here on Saturday in recog
Published 18 Dec, 2011 12:00am
SMEs could be unintended victims of an EU Tobin tax

SMEs could be unintended victims of an EU Tobin tax

A proposed EU financial transaction tax could disproportionately hurt small and medium-sized companies rather than the banks and hedge funds it is aimed at, who are expected to shift business elsewhere. The tax aims to ensure the financial sector contribu
Published 18 Dec, 2011 12:00am
SMEs could be unintended victims of an EU Tobin tax

SMEs could be unintended victims of an EU Tobin tax

A proposed EU financial transaction tax could disproportionately hurt small and medium-sized companies rather than the banks and hedge funds it is aimed at, who are expected to shift business elsewhere. The tax aims to ensure the financial sector contribu
Published 18 Dec, 2011 12:00am
Irish comeback in doubt as economy shrinks in third quarter

Irish comeback in doubt as economy shrinks in third quarter

Ireland's economy contracted at its fastest pace in over two years in the third quarter after a global slowdown hit export growth, casting doubt over Dublin's ability to transform itself into the euro zone's comeback kid. Gross domestic product slumped 1.
Published 18 Dec, 2011 12:00am
Panama 2011 growth above 10 percent

Panama 2011 growth above 10 percent

Panama's economy will expand by more than 10 percent in 2011 and then slow to 7.5 percent growth next year, Finance Minister Frank De Lima said on Friday. The slight uptick in his growth forecast follows data on Thursday that showed Panama's economy grew
Published 18 Dec, 2011 12:00am
Cyprus approves deficit-busting budget

Cyprus approves deficit-busting budget

Cyprus's parliament on Friday approved a deficit-busting budget, slashing proposed state spending and drawing the fiscal shortfall below the government's stated target of 2.5 percent of gross domestic product next year. In a show of hands lawmakers approv
Published 18 Dec, 2011 12:00am
Mexico central bank split on future interest rate moves

Mexico central bank split on future interest rate moves

Mexico's central bank policymakers are divided over whether they should cut interest rates in the future to help the economy or raise rates to fend off inflation risks from a weak peso, according to the minutes of its last meeting, released on Friday. All
Published 18 Dec, 2011 12:00am
Money market funds rise by $30 million in latest week

Money market funds rise by $30 million in latest week

The Investment Company Institute on Thursday issued the following money market mutual fund assets report. "Total money market mutual fund assets increased by $30 million to $2.678 trillion for the week ended Wednesday, December 14, the Investment Company
Published 18 Dec, 2011 12:00am
Money market funds rise by $30 million in latest week

Money market funds rise by $30 million in latest week

The Investment Company Institute on Thursday issued the following money market mutual fund assets report. "Total money market mutual fund assets increased by $30 million to $2.678 trillion for the week ended Wednesday, December 14, the Investment Company
Published 18 Dec, 2011 12:00am
Rousseff sees room to lower rates; upbeat on Brazil

Rousseff sees room to lower rates; upbeat on Brazil

Brazil has plenty of room to lower interest rates to bolster its economy in the face of a worrisome global slowdown, President Dilma Rousseff said on Friday, insisting that the country is on track to grow up to 5 percent next year. Rousseff, speaking at a
Published 18 Dec, 2011 12:00am
Deutsche Bank starts asset manager sale

Deutsche Bank starts asset manager sale

Deutsche Bank AG hopes the sale of a big chunk of its global asset management business will raise between 2 ($2.6 billion) and 3 billion euros, two sources close to the process said, as it quits an area in which it lacks scale to compete. Germany's bigges
Published 18 Dec, 2011 12:00am
US growth gauge little changed in latest week

US growth gauge little changed in latest week

A measure of future US economic growth was little changed in the latest week, while the annualised growth rate improved modestly, a research group said on Friday. The Economic Cycle Research Institute, a New York-based independent forecasting group, said
Published 18 Dec, 2011 12:00am
Comprehensive eurozone deal 'beyond reach': Fitch

Comprehensive eurozone deal 'beyond reach': Fitch

A comprehensive solution to the eurozone debt crisis is beyond the region's reach, rating agency Fitch said, warning that six of its economies including Italy and Spain could be hit with credit downgrades in the near future. The warning late on Friday, th
Published 18 Dec, 2011 12:00am
Singapore sets up panel for metro breakdown inquiry

Singapore sets up panel for metro breakdown inquiry

Singapore Prime Minister Lee Hsien Loong has ordered the creation of a special committee to investigate the metro system's worst breakdown since it was opened 24 years ago, local media said Saturday. The announcement came hours after a fresh disruption af
Published 18 Dec, 2011 12:00am
Silver Lake, Microsoft working on new Yahoo stake offer

Silver Lake, Microsoft working on new Yahoo stake offer

A consortium of private equity group Silver Lake, software giant Microsoft Corp and venture capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc, a source familiar with the matter said on Friday. Silv
Published 18 Dec, 2011 12:00am
Humanitarian crisis simmers in Greece

Humanitarian crisis simmers in Greece

Poverty has severely worsened in Greece under a gruelling recession exacerbated by austerity measures, swelling the ranks of the unemployed, the homeless and the destitute, experts said Saturday. "We have noticed a dramatic increase in our mess halls over
Published 18 Dec, 2011 12:00am
Trade finance drying up amid financial crisis

Trade finance drying up amid financial crisis

Trade finance is drying up amid the financial crisis, threatening jobs and economic growth, trade sources warned Saturday. Banks like Credit Agricole and BNP Paribas - two of the 25 financial institutions most active in such financing - have recently redu
Published 18 Dec, 2011 12:00am
Regulators shutter banks in Florida, Arizona

Regulators shutter banks in Florida, Arizona

Regulators closed two US banks on Friday night, bringing the total number of bank failures this year to 92. In Florida, the Summit Bank, National Association, of Panama City agreed to take over the Premier Community Bank of the Emerald Coast in Crestview,
Published 18 Dec, 2011 12:00am
Ministers criticised over fishing quota deal

Ministers criticised over fishing quota deal

European Union fisheries ministers have watered-down plans to ease the pressure on over-exploited fish stocks next year, drawing an angry reaction from conservationists who accused them of ignoring scientific advice. After two days of talks which ended in
Published 18 Dec, 2011 12:00am
Sony PS Vita gets world launch in Japan

Sony PS Vita gets world launch in Japan

Technology giant Sony on Saturday held the world launch of its next-generation PlayStation Vita handheld console in Japan, as the company aims to take a bite out of the growing smartphone games market. Gaming fans in Japan, Sony's home country, flocked to
Published 18 Dec, 2011 12:00am
Iran prepared for 'worst' on sanctions: Salehi

Iran prepared for 'worst' on sanctions: Salehi

Iran has prepared for "the worst case scenario" to circumvent toughened new Western sanctions targeting its central bank and oil exports, Foreign Minister Ali Akbar Salehi said in an interview published on Saturday. "We are not really worried," Salehi tol
Published 18 Dec, 2011 12:00am
Alitalia eyes merger with Air France

Alitalia eyes merger with Air France

Alitalia has held high-level talks on a possible merger with Air France-KLM, which already holds a 25 percent stake in the Italian airline, the Il Messaggero daily said Saturday. "Alitalia's mission to Paris for a wedding with Air France," read the headli
Published 18 Dec, 2011 12:00am
SNS Securities cuts jobs, ends proprietary trading

SNS Securities cuts jobs, ends proprietary trading

Dutch brokerage SNS Securities, part of bank and insurance group SNS Reaal, will cut about 7 percent of its workforce and shut its proprietary trading business due to difficult financial market circumstances. SNS Securities, a minor player in a Dutch mark
Published 18 Dec, 2011 12:00am
Price differentials rise in Europe's cash coffee market

Price differentials rise in Europe's cash coffee market

Price differentials rose in Europe's cash coffee market this week as origin sellers saw a slump in coffee futures to a one-year low as divorced from supply and demand fundamentals, traders said on Friday. "Origin sellers were often not willing to accept l
Published 18 Dec, 2011 12:00am
Port Qasim's activities

Port Qasim's activities

A cargo volume of 147,541 tonnes, comprising 112,370 tonnes of import cargo and 35,171 tonnes of export cargo inclusive 3,377 loaded & empty containers (TEUs) was handled at Port Qasim during last 24 hours on Saturday. The total import cargo of 112,370 to
Published 18 Dec, 2011 12:00am
US soyabean futures up on short-covering

US soyabean futures up on short-covering

US soyabean futures rose on Friday, extending gains on short-covering due to dry weather in key crop areas of South America that could lower production and boost demand for supplies from the United States. US corn and wheat futures were little changed wit
Published 18 Dec, 2011 12:00am
Soyabean export premiums steady at US Gulf Coast

Soyabean export premiums steady at US Gulf Coast

Export premiums for soyabeans at the US Gulf Coast held steady on Friday amid quiet demand from top importer China due to weak nearby crush margins, traders said. Traders monitoring dry weather in South American soyabean areas said reduced production coul
Published 18 Dec, 2011 12:00am
US Midwest corn, soya bids mostly steady

US Midwest corn, soya bids mostly steady

Spot basis bids for corn and soyabeans held mostly steady around the US Midwest on Friday as slow country offerings were offset by a lull in demand from processors, elevators and river terminals, dealers said. Farmers in Ohio delivered large amounts of fr
Published 18 Dec, 2011 12:00am
HRW wheat bids steady

HRW wheat bids steady

Basis bids for hard red winter wheat in the US Plains were steady on Friday, with many country dealers holding tight to supplies as premiums plunged. Railcar premiums for specific protein levels have been in decline over the last week and dropped another
Published 18 Dec, 2011 12:00am
China may hold corn imports until H2 2012 amid record harvest

China may hold corn imports until H2 2012 amid record harvest

A record domestic harvest and easing food inflation show little sign that China, the world's second-largest corn consumer, will resume imports from global markets until maybe the second half of next year, analysts said. Sinograin, which manages state rese
Published 18 Dec, 2011 12:00am
Argentina's government holds soya area outlook at 19 million hectares

Argentina's government holds soya area outlook at 19 million hectares

Argentina's government has kept its forecast for 2011/12 soya area at 19 million hectares, despite growing concerns over dry weather in the world's top soyaoil and soyameal exporter. In its latest monthly crop report, the government also held its outlook
Published 18 Dec, 2011 12:00am
Thin business on cotton market as spot rate, lint prices extend fall

Thin business on cotton market as spot rate, lint prices extend fall

Lack of buying interest among mills and spinners pushed the rates down further on the cotton market on Saturday, dealers said. The Karachi Cotton Association (KCA) official spot rate was declined further, by Rs 100 to Rs 4,900. Thus, spot rate lost Rs 400
Published 18 Dec, 2011 12:00am
Oil cake market rates

Oil cake market rates

Sharp decline was witnessed on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The December contract that had ended at Rs 1304.50 opened with fall of Re.1 at Rs 1303.50. The January vaida which closed at 1172.20 open
Published 18 Dec, 2011 12:00am
Domestic grain prices on global track due to falling demand

Domestic grain prices on global track due to falling demand

Easier trend was seen on the wholesale grain market on Saturday as local commodities were under pressure due to persisting decline in the rates the world over, experts said. On the cereal side wheat old and new Bardan were down by Rs 15 to Rs 2685-2700 in
Published 18 Dec, 2011 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
THE RUPEE: dollar down slightly

THE RUPEE: dollar down slightly

Modest recovery was witnessed on the currency market on Friday amid mounting uncertainties on both the political and economic fronts following confrontations on memo issue, dealers said. The rupee picked up five paisa in relation to dollar for buying and
Published 18 Dec, 2011 12:00am
THE RUPEE: dollar down slightly

THE RUPEE: dollar down slightly

Modest recovery was witnessed on the currency market on Friday amid mounting uncertainties on both the political and economic fronts following confrontations on memo issue, dealers said. The rupee picked up five paisa in relation to dollar for buying and
Published 18 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (December 17, 2011) and for Sunday (December 18, 2011).
Published 18 Dec, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (December 17, 2011).

Published 18 Dec, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (December 17, 2011) and the forecast for Sunday (December 18, 2011).

Published 18 Dec, 2011 12:00am
US Senate passes $1 trillion spending bill

US Senate passes $1 trillion spending bill

The US Senate greenlighted a deal Saturday to avoid a federal shutdown, approving a spending bill worth more than $1 trillion to fund the government through fiscal year 2012. Senators voted 67 to 32 to approve the massive bill, which after passage Friday
Published 18 Dec, 2011 12:00am
US Senate passes $1 trillion spending bill

US Senate passes $1 trillion spending bill

The US Senate greenlighted a deal Saturday to avoid a federal shutdown, approving a spending bill worth more than $1 trillion to fund the government through fiscal year 2012. Senators voted 67 to 32 to approve the massive bill, which after passage Friday
Published 18 Dec, 2011 12:00am
US Senate passes $1 trillion spending bill

US Senate passes $1 trillion spending bill

The US Senate greenlighted a deal Saturday to avoid a federal shutdown, approving a spending bill worth more than $1 trillion to fund the government through fiscal year 2012. Senators voted 67 to 32 to approve the massive bill, which after passage Friday
Published 18 Dec, 2011 12:00am
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