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Archive - 2012-04-06
Thousands protest over US bounty
Top News

Thousands protest over US bounty

LAHORE: Thousands of activists hit the streets in different parts of the Country on Friday, demanding Jihad and torching
Published 06 Apr, 2012 06:35pm
ISE-10 stays bullish
Markets

ISE-10 stays bullish

ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Friday witnessed bullish trend as the index was up by 19.65 points t
Published 06 Apr, 2012 04:22pm
Gold improves to Rs 48,514
Top News

Gold improves to Rs 48,514

KARACHI: Gold surged by Rs 343 to Rs 48,514 per 10 grams in the local market Friday as its international price improved
Published 06 Apr, 2012 04:09pm
Japan PM meets BoJ governor Shirakawa
Top News

Japan PM meets BoJ governor Shirakawa

TOKYO: Japanese Prime Minister Yoshihiko Noda is meeting Bank of Japan Governor Masaaki Shirakawa in Tokyo on Friday mor
Published 06 Apr, 2012 11:55am
Airbus wins 90 net orders in Jan-March
Top News

Airbus wins 90 net orders in Jan-March

PARIS: European planemaker Airbus won 90 net plane orders in the first three months of the year, dominated by single-ais
Published 06 Apr, 2012 11:52am
EU rejects any break-up of Mali
Top News

EU rejects any break-up of Mali

BRUSSELS: The European Union on Friday rejected any break-up ofMali and called for talks to resolve the crisis after a T
Published 06 Apr, 2012 11:36am
Swann double lifts England
Cricket

Swann double lifts England

COLOMBO: Off-spinner Graeme Swann struck twice in the space of 21 runs to leave Sri Lanka on the back foot in the second
Published 06 Apr, 2012 11:29am
SBP injects Rs 222.8bn in market
Top News

SBP injects Rs 222.8bn in market

KARACHI: State Bank of Pakistan (SBP), in its reverse repo open market operation (OMO) in treasury bills and Pakistan In
Published 06 Apr, 2012 10:42am
French trade deficit jumps in February
Top News

French trade deficit jumps in February

PARIS: An increase in energy imports due to a cold snap in February sent France's trade deficit jumping by nearly 15 per
Published 06 Apr, 2012 08:01am
Prospects for WiMAX in Pakistan
BR Research

Prospects for WiMAX in Pakistan

Pakistan is among very few countries where various competing broadband technologies have been allowed by the regulator. Though current broad
Published 06 Apr, 2012 12:00am
T-bill auction
BR Research

T-bill auction

Buoyed by a healthy participation level, the first treasury bill auction of the quarter (4QFY12), held two days back, managed to sell around
Published 06 Apr, 2012 12:00am
US jobless claims fall to lowest since 2008

US jobless claims fall to lowest since 2008

The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labour market. Initial claims for state unemployment benefits fell 6
Published 06 Apr, 2012 12:00am
BMW launches Mini Cooper in India

BMW launches Mini Cooper in India

German carmaker BMW on Thursday launched its iconic Mini Cooper in India, the latest luxury auto maker to expand in one of the world's fastest-growing car markets. BMW established a presence in the country in 2006 and has since seen steady growth in sales
Published 06 Apr, 2012 12:00am
Zimbabwe threatens foreign mining companies with take-over

Zimbabwe threatens foreign mining companies with take-over

Zimbabwe threatened Thursday to take over foreign mining companies that fail to hand over a majority stake to locals, as required by law, toning down an earlier statement that it was taking immediate ownership. Indigenisation Minister Saviour Kasukuwere s
Published 06 Apr, 2012 12:00am
IBM partners with Brazil billionaire Batista's EBX

IBM partners with Brazil billionaire Batista's EBX

US computer giant IBM has signed a deal to purchase 20 percent of a subsidiary of Brazilian billionaire Eike Batista's EBX group in exchange for a $1 billion contract, the companies announced. "Partnering with one of the largest technology companies in th
Published 06 Apr, 2012 12:00am
India offers tax breaks on Iran exports

India offers tax breaks on Iran exports

The Indian government will offer tax incentives to exporters for sales in rupees to Iran, in the latest effort by New Delhi to bolster exports in return for oil from the Islamic Republic squeezed by Western sanctions, a finance ministry official said.
Published 06 Apr, 2012 12:00am
Dubai Holding secures $2.5 billion debt delay

Dubai Holding secures $2.5 billion debt delay

Dubai Holding, the investment conglomerate owned by the emirate's ruler, said on Thursday its private equity arm has reached an agreement with creditors to restructure $2.5 billion of debt, ending nearly two years of talks. Dubai International Capital, wh
Published 06 Apr, 2012 12:00am
Iran subsidises exchange rates for half its imports

Iran subsidises exchange rates for half its imports

Iran's government will provide subsidised foreign currency for around half of all goods imported into the country this year, according to a state news agency report on Thursday, after new sanctions against the state slashed the value of its rial. The coun
Published 06 Apr, 2012 12:00am
Sri Lanka records best-ever growth

Sri Lanka records best-ever growth

Sri Lanka's economy grew by 8.3 percent last year, the fastest expansion since independence from Britain in 1948, the census and statistics department said Thursday. The rate compared with an expansion of 8.0 percent in 2010, the first full year after gov
Published 06 Apr, 2012 12:00am
Asian banks warm to bond market innovation

Asian banks warm to bond market innovation

A shortage of US dollars, new banking regulations and strong investor demand means Asian banks are set to help spur long-awaited innovation in the region's debt capital markets. Singapore is consulting on new guidelines to help its banks issue covered bon
Published 06 Apr, 2012 12:00am
BoE holds steady course as UK stumbles towards growth

BoE holds steady course as UK stumbles towards growth

The Bank of England held back from giving Britain's fragile recovery an extra boost on Thursday, as the economy appears to have narrowly avoided falling back into recession despite a shock drop in manufacturing output in the first months of 2012. The Nati
Published 06 Apr, 2012 12:00am
Japan passes $1.1 trillion budget

Japan passes $1.1 trillion budget

Japan passed a 90.3 trillion yen ($1.1 trillion) budget on Thursday, with about half the spending expected to be financed by new bonds that will add to Japan's massive debt mountain. Although the opposition-controlled upper house of parliament voted down
Published 06 Apr, 2012 12:00am
Coke withdraws from group that backs Stand Your Ground law

Coke withdraws from group that backs Stand Your Ground law

Coca-Cola Co is dropping its membership in a conservative national advocacy group that supports "Stand Your Ground" laws such as the one being used as a defence in the Florida killing of an unarmed black teenager, Trayvon Martin. The move by Coke follows
Published 06 Apr, 2012 12:00am
Cotton prices firmer on depleting stocks

Cotton prices firmer on depleting stocks

Cotton prices firmed up this week due to depleting stocks from the current season (August-11 to July-12) and the possibility of delay in the new crop (August-12 to July-13) due to relatively later harvest of wheat. As a result, the ready cotton prices hav
Published 06 Apr, 2012 12:00am
Cotton prices firmer on depleting stocks

Cotton prices firmer on depleting stocks

Cotton prices firmed up this week due to depleting stocks from the current season (August-11 to July-12) and the possibility of delay in the new crop (August-12 to July-13) due to relatively later harvest of wheat. As a result, the ready cotton prices hav
Published 06 Apr, 2012 12:00am
US corn futures close lower

US corn futures close lower

Chicago Board of Trade corn futures ended weaker on Wednesday on profit-taking, a firm dollar and unwinding of corn/soyabean spreads. A firm dollar, lower crude oil and falling equities was limiting buying interest in corn futures. US corn export premiums
Published 06 Apr, 2012 12:00am
Firm trend obtains on cotton market amid modest trade activity

Firm trend obtains on cotton market amid modest trade activity

Falling trend in the NY cotton futures forced the mills to sidelines on the cotton market on Thursday. In the meantime, exporters continued purchasing to meet the foreign demand, dealers said. The official spot rate was unchanged at Rs 5400, they added. P
Published 06 Apr, 2012 12:00am
Oil cake market rates

Oil cake market rates

No change was seen on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The May vaida that had closed at Rs 785.20, opened at the same level. The July contract which closed at RS 849.10, showed no variation in the earl
Published 06 Apr, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 101,053 tonnes of cargo including 89,492 tonnes of import; 11,561 tonnes of export cargo and 1,090 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Thursday.
Published 06 Apr, 2012 12:00am
Canadian canola futures end low

Canadian canola futures end low

Canadian canola futures slid early on Wednesday with spillover pressure from weaker US soybeans and crude oil, traders said. Profit-taking also weighed down canola, after the nearby month hit the highest price since mid-2008 earlier this week on a continu
Published 06 Apr, 2012 12:00am
Indian firm offers wheat at $299.5 a tonne

Indian firm offers wheat at $299.5 a tonne

India's LMJ International made the lowest offer at $299.50 a tonne, including freight, insurance and other expenses, in a Bangladesh tender that opened on Wednesday to buy 50,000 tonnes of wheat, a procurement official said. Four bidders took part in the
Published 06 Apr, 2012 12:00am
Rates move both ways on grain market

Rates move both ways on grain market

Upward trend was witnessed on the wholesale grain market on Thursday in process of hectic trading as many buyers were in the arena to cover short and long-term requirements, dealers said. On the grams side, grams Australia No 1 picked up Rs 100 to Rs 7100
Published 06 Apr, 2012 12:00am
New York cotton

New York cotton

Fluctuations observed during the day:

Published 06 Apr, 2012 12:00am
New York cotton

New York cotton

Fluctuations observed during the day:

Published 06 Apr, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Thursday (April 05, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover fo
Published 06 Apr, 2012 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 06 Apr, 2012 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 Thursday (April 05, 2012).

Published 06 Apr, 2012 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 Thursday (April 05, 2012).

Published 06 Apr, 2012 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 Thursday (April 05, 2012).

Published 06 Apr, 2012 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 Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (April 05, 2012).
Published 06 Apr, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
SSP escapes unhurt in suicide attack: four killed, 14 injured

SSP escapes unhurt in suicide attack: four killed, 14 injured

At least four passers-by were killed and 14 others injured when a bomber targeted the armoured personnel carrier escorting SSP Malir, Rao Anwaar in Malir Halt area in the limits of Model Colony Police Station, on Thursday, police said. Police said it was
Published 06 Apr, 2012 12:00am
SSP escapes unhurt in suicide attack: four killed, 14 injured

SSP escapes unhurt in suicide attack: four killed, 14 injured

At least four passers-by were killed and 14 others injured when a bomber targeted the armoured personnel carrier escorting SSP Malir, Rao Anwaar in Malir Halt area in the limits of Model Colony Police Station, on Thursday, police said. Police said it was
Published 06 Apr, 2012 12:00am
Controversial SRO put on hold

Controversial SRO put on hold

The government has agreed to suspend a major documentation measure - SRO.191(I)/2012 - not seeking Computerised National Identity Card numbers or National Tax Numbers of the unregistered buyers, manufacturers, importers and exporters for a period of one m
Published 06 Apr, 2012 12:00am
Controversial SRO put on hold

Controversial SRO put on hold

The government has agreed to suspend a major documentation measure - SRO.191(I)/2012 - not seeking Computerised National Identity Card numbers or National Tax Numbers of the unregistered buyers, manufacturers, importers and exporters for a period of one m
Published 06 Apr, 2012 12:00am
Controversial SRO put on hold

Controversial SRO put on hold

The government has agreed to suspend a major documentation measure - SRO.191(I)/2012 - not seeking Computerised National Identity Card numbers or National Tax Numbers of the unregistered buyers, manufacturers, importers and exporters for a period of one m
Published 06 Apr, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Moody's may cut 14 banks' rating in Pakistan, Jordan, Lebanon

Moody's may cut 14 banks' rating in Pakistan, Jordan, Lebanon

Moody's Investors Service has today placed on review for downgrade 14 financial institutions in Jordan, Lebanon, Pakistan and Ukraine, whose standalone credit assessments are currently positioned above their domicile countries' sovereign debt ratings.
Published 06 Apr, 2012 12:00am
Moody's may cut 14 banks' rating in Pakistan, Jordan, Lebanon

Moody's may cut 14 banks' rating in Pakistan, Jordan, Lebanon

Moody's Investors Service has today placed on review for downgrade 14 financial institutions in Jordan, Lebanon, Pakistan and Ukraine, whose standalone credit assessments are currently positioned above their domicile countries' sovereign debt ratings.
Published 06 Apr, 2012 12:00am
Moody''s may cut 14 banks'' rating in Pakistan, Jordan, Lebanon

Moody''s may cut 14 banks'' rating in Pakistan, Jordan, Lebanon

Moody''s Investors Service has today placed on review for downgrade 14 financial institutions in Jordan, Lebanon, Pakistan and Ukraine, whose standalone credit assessments are currently positioned above their domicile countries'' sovereign debt ratings.
Published 06 Apr, 2012 12:00am
ECC set to approve RLNG policy today

ECC set to approve RLNG policy today

The Economic Co-ordination Committee (ECC) of the Cabinet, scheduled to meet on Friday (today) with Finance Minister Dr Abdul Hafeez Shaikh in the chair, is expected to approved RLNG (Re-gasified Liquefied Natural Gas) policy, likely to be based on integr
Published 06 Apr, 2012 12:00am
ECC set to approve RLNG policy today

ECC set to approve RLNG policy today

The Economic Co-ordination Committee (ECC) of the Cabinet, scheduled to meet on Friday (today) with Finance Minister Dr Abdul Hafeez Shaikh in the chair, is expected to approved RLNG (Re-gasified Liquefied Natural Gas) policy, likely to be based on integr
Published 06 Apr, 2012 12:00am
ECC set to approve RLNG policy today

ECC set to approve RLNG policy today

The Economic Co-ordination Committee (ECC) of the Cabinet, scheduled to meet on Friday (today) with Finance Minister Dr Abdul Hafeez Shaikh in the chair, is expected to approved RLNG (Re-gasified Liquefied Natural Gas) policy, likely to be based on integr
Published 06 Apr, 2012 12:00am
Petroleum pricing: Finance, Ogra resisting fortnightly review

Petroleum pricing: Finance, Ogra resisting fortnightly review

The finance ministry and Oil and Gas Regulatory Authority (Ogra) are reportedly resisting fixing prices of petroleum products on a fortnightly basis, saying that the existing formula of monthly fixation of prices, agreed upon after hectic deliberations, i
Published 06 Apr, 2012 12:00am
Petroleum pricing: Finance, Ogra resisting fortnightly review

Petroleum pricing: Finance, Ogra resisting fortnightly review

The finance ministry and Oil and Gas Regulatory Authority (Ogra) are reportedly resisting fixing prices of petroleum products on a fortnightly basis, saying that the existing formula of monthly fixation of prices, agreed upon after hectic deliberations, i
Published 06 Apr, 2012 12:00am
Petroleum pricing: Finance, Ogra resisting fortnightly review

Petroleum pricing: Finance, Ogra resisting fortnightly review

The finance ministry and Oil and Gas Regulatory Authority (Ogra) are reportedly resisting fixing prices of petroleum products on a fortnightly basis, saying that the existing formula of monthly fixation of prices, agreed upon after hectic deliberations, i
Published 06 Apr, 2012 12:00am
World food prices rise further, raising fears of unrest

World food prices rise further, raising fears of unrest

Global food prices rose in March for a third straight month with more hikes to come, the UN's food agency said on Thursday, adding to fears of hunger and a new wave of social unrest in poor countries. Record high prices for staple foods last year were one
Published 06 Apr, 2012 12:00am
World food prices rise further, raising fears of unrest

World food prices rise further, raising fears of unrest

Global food prices rose in March for a third straight month with more hikes to come, the UN's food agency said on Thursday, adding to fears of hunger and a new wave of social unrest in poor countries. Record high prices for staple foods last year were one
Published 06 Apr, 2012 12:00am
World food prices rise further, raising fears of unrest

World food prices rise further, raising fears of unrest

Global food prices rose in March for a third straight month with more hikes to come, the UN''s food agency said on Thursday, adding to fears of hunger and a new wave of social unrest in poor countries. Record high prices for staple foods last year were on
Published 06 Apr, 2012 12:00am
Nawaz, Shahbaz migrants: Zardari

Nawaz, Shahbaz migrants: Zardari

Lashing out at the PML-N leadership, President Asif Ali Zardari said the Sharif brothers were migrants, adding that Lahore was the stronghold of Pakistan People's Party. While presiding over a meeting of PPP Punjab on Thursday in Lahore, he said the Shari
Published 06 Apr, 2012 12:00am
Nawaz, Shahbaz migrants: Zardari

Nawaz, Shahbaz migrants: Zardari

Lashing out at the PML-N leadership, President Asif Ali Zardari said the Sharif brothers were migrants, adding that Lahore was the stronghold of Pakistan People's Party. While presiding over a meeting of PPP Punjab on Thursday in Lahore, he said the Shari
Published 06 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Apr, 2012 12:00am
Index loses 113.83 points

Index loses 113.83 points

After three days of a bullish trend, Karachi stock market on Thursday closed in negative zone owing to profit taking by the institutions. The bench mark KSE-100 index declined by 113.83 points to close at 13,831.47 points from 13,945.30 points. During the
Published 06 Apr, 2012 12:00am
Index loses 113.83 points

Index loses 113.83 points

After three days of a bullish trend, Karachi stock market on Thursday closed in negative zone owing to profit taking by the institutions. The bench mark KSE-100 index declined by 113.83 points to close at 13,831.47 points from 13,945.30 points. During the
Published 06 Apr, 2012 12:00am
Index loses 113.83 points

Index loses 113.83 points

After three days of a bullish trend, Karachi stock market on Thursday closed in negative zone owing to profit taking by the institutions. The bench mark KSE-100 index declined by 113.83 points to close at 13,831.47 points from 13,945.30 points. During the
Published 06 Apr, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Apr, 2012 12:00am
BRIndex30 dips 120.75 points

BRIndex30 dips 120.75 points

On Thursday, BRIndex30 opened at 10,694.88. It touched an intraday high of 10,768.68 and an intraday low of 10,537.07 and closed at 10,574.13 which was -120.75 points or -1.13 percent lower than previous close. Total volume was 331,708,943, which was 72.4
Published 06 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Apr, 2012 12:00am
BRIndex30 dips 120.75 points

BRIndex30 dips 120.75 points

On Thursday, BRIndex30 opened at 10,694.88. It touched an intraday high of 10,768.68 and an intraday low of 10,537.07 and closed at 10,574.13 which was -120.75 points or -1.13 percent lower than previous close. Total volume was 331,708,943, which was 72.4
Published 06 Apr, 2012 12:00am
There was no threat of military coup: Pasha

There was no threat of military coup: Pasha

Former Director-General of Inter Services Intelligence (ISI) Lieutenant General Ahmed Shuja Pasha on Thursday told the Memogate Commission that there was no planning of staging a coup after the May 2 raid against al Qaeda chief Osama bin Laden by the US S
Published 06 Apr, 2012 12:00am
There was no threat of military coup: Pasha

There was no threat of military coup: Pasha

Former Director-General of Inter Services Intelligence (ISI) Lieutenant General Ahmed Shuja Pasha on Thursday told the Memogate Commission that there was no planning of staging a coup after the May 2 raid against al Qaeda chief Osama bin Laden by the US S
Published 06 Apr, 2012 12:00am
MCB, KASB show interest in HSBC acquisition

MCB, KASB show interest in HSBC acquisition

MCB Bank and KASB have shown interest in acquiring HSBC stakes in Pakistan as HSBC, one of the largest banking and financial service organisations in the world, has decided to wind up its operations in the country. Sources in banking sector told Busine
Published 06 Apr, 2012 12:00am
MCB, KASB show interest in HSBC acquisition

MCB, KASB show interest in HSBC acquisition

MCB Bank and KASB have shown interest in acquiring HSBC stakes in Pakistan as HSBC, one of the largest banking and financial service organisations in the world, has decided to wind up its operations in the country. Sources in banking sector told Busine
Published 06 Apr, 2012 12:00am
MCB, KASB show interest in HSBC acquisition

MCB, KASB show interest in HSBC acquisition

MCB Bank and KASB have shown interest in acquiring HSBC stakes in Pakistan as HSBC, one of the largest banking and financial service organisations in the world, has decided to wind up its operations in the country. Sources in banking sector told Busine
Published 06 Apr, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Irsa begins refilling upgraded Mangla dam on Jhelum

Irsa begins refilling upgraded Mangla dam on Jhelum

The Indus River System Authority (Irsa) has started refilling the upgraded Mangla dam on river Jhelum after increase in the river flow and the water level in the dam has risen by 10 ft from its dead level during past two days.
Published 06 Apr, 2012 12:00am
Irsa begins refilling upgraded Mangla dam on Jhelum

Irsa begins refilling upgraded Mangla dam on Jhelum

The Indus River System Authority (Irsa) has started refilling the upgraded Mangla dam on river Jhelum after increase in the river flow and the water level in the dam has risen by 10 ft from its dead level during past two days.
Published 06 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Irsa begins refilling upgraded Mangla dam on Jhelum

Irsa begins refilling upgraded Mangla dam on Jhelum

The Indus River System Authority (Irsa) has started refilling the upgraded Mangla dam on river Jhelum after increase in the river flow and the water level in the dam has risen by 10 ft from its dead level during past two days.
Published 06 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Particle collider cranks up to new world record

Particle collider cranks up to new world record

The world's largest particle collider notched up a new record on Thursday as it escalated its quest to find fundamental matter and explore the origins of the Universe, CERN said. At 00:38 am Thursday (2238 GMT Wednesday), the Large Hadron Collider (LHC) b
Published 06 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Particle collider cranks up to new world record

Particle collider cranks up to new world record

The world's largest particle collider notched up a new record on Thursday as it escalated its quest to find fundamental matter and explore the origins of the Universe, CERN said. At 00:38 am Thursday (2238 GMT Wednesday), the Large Hadron Collider (LHC) b
Published 06 Apr, 2012 12:00am
THE RUPEE: dollar gains, euro loses

THE RUPEE: dollar gains, euro loses

The rupee dropped against dollar, it, however, gained in terms of euro on the currency market on Thursday, dealers said. The rupee depreciated in relation to dollar, losing six paisa for buying at 90.44 and shedding five paisa for selling at 90.46, they s
Published 06 Apr, 2012 12:00am
Particle collider cranks up to new world record

Particle collider cranks up to new world record

The world''s largest particle collider notched up a new record on Thursday as it escalated its quest to find fundamental matter and explore the origins of the Universe, CERN said. At 00:38 am Thursday (2238 GMT Wednesday), the Large Hadron Collider (LHC)
Published 06 Apr, 2012 12:00am
THE RUPEE: dollar gains, euro loses

THE RUPEE: dollar gains, euro loses

The rupee dropped against dollar, it, however, gained in terms of euro on the currency market on Thursday, dealers said. The rupee depreciated in relation to dollar, losing six paisa for buying at 90.44 and shedding five paisa for selling at 90.46, they s
Published 06 Apr, 2012 12:00am
Dry cargo handling at Gwadar port: billions of rupees being wasted

Dry cargo handling at Gwadar port: billions of rupees being wasted

The Trading Corporation of Pakistan's (TCP's) decision to handle its wheat and fertiliser imports at the Gwadar Port, under the directives of the Economic Co-ordination Committee, is considered to be "a totally demented approach" by stakeholders here.
Published 06 Apr, 2012 12:00am
Dry cargo handling at Gwadar port: billions of rupees being wasted

Dry cargo handling at Gwadar port: billions of rupees being wasted

The Trading Corporation of Pakistan's (TCP's) decision to handle its wheat and fertiliser imports at the Gwadar Port, under the directives of the Economic Co-ordination Committee, is considered to be "a totally demented approach" by stakeholders here.
Published 06 Apr, 2012 12:00am
Dry cargo handling at Gwadar port: billions of rupees being wasted

Dry cargo handling at Gwadar port: billions of rupees being wasted

The Trading Corporation of Pakistan''s (TCP''s) decision to handle its wheat and fertiliser imports at the Gwadar Port, under the directives of the Economic Co-ordination Committee, is considered to be "a totally demented approach" by stakeholders here.
Published 06 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Citigroup hit by US regulator on bank secrecy

Citigroup hit by US regulator on bank secrecy

Citigroup Inc has agreed to take steps to clean up its compliance with bank secrecy and money laundering laws as part of an agreement with the Office of the Comptroller of the Currency. The OCC, a US bank regulator, said on Thursday that Citigroup's Citib
Published 06 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Citigroup hit by US regulator on bank secrecy

Citigroup hit by US regulator on bank secrecy

Citigroup Inc has agreed to take steps to clean up its compliance with bank secrecy and money laundering laws as part of an agreement with the Office of the Comptroller of the Currency. The OCC, a US bank regulator, said on Thursday that Citigroup's Citib
Published 06 Apr, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Citigroup hit by US regulator on bank secrecy

Citigroup hit by US regulator on bank secrecy

Citigroup Inc has agreed to take steps to clean up its compliance with bank secrecy and money laundering laws as part of an agreement with the Office of the Comptroller of the Currency. The OCC, a US bank regulator, said on Thursday that Citigroup''s Citi
Published 06 Apr, 2012 12:00am
Germans, Swiss clinch deal to tax secret deposits

Germans, Swiss clinch deal to tax secret deposits

Switzerland and Germany are to toughen their tax crackdown on secret Swiss bank accounts in a move that could pour billions of extra euros into German state coffers, but which does not go far enough for the country's main opposition party. The deal could
Published 06 Apr, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
Germans, Swiss clinch deal to tax secret deposits

Germans, Swiss clinch deal to tax secret deposits

Switzerland and Germany are to toughen their tax crackdown on secret Swiss bank accounts in a move that could pour billions of extra euros into German state coffers, but which does not go far enough for the country's main opposition party. The deal could
Published 06 Apr, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (April 05, 2012) and for Friday (April 06, 2012).
Published 06 Apr, 2012 12:00am
Germans, Swiss clinch deal to tax secret deposits

Germans, Swiss clinch deal to tax secret deposits

Switzerland and Germany are to toughen their tax crackdown on secret Swiss bank accounts in a move that could pour billions of extra euros into German state coffers, but which does not go far enough for the country''s main opposition party. The deal could
Published 06 Apr, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
TCP clarification

TCP clarification

Reference news item published in Business Recorder, dated Wednesday, April 4 under caption "TI Pakistan, TCP lock horns over award of urea handling contract," it is clarified that TCP has neither violated any Court's orders nor PPRA Rules at any st
Published 06 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 06 Apr, 2012 12:00am
TCP clarification

TCP clarification

Reference news item published in Business Recorder, dated Wednesday, April 4 under caption "TI Pakistan, TCP lock horns over award of urea handling contract," it is clarified that TCP has neither violated any Court's orders nor PPRA Rules at any st
Published 06 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 06 Apr, 2012 12:00am
TCP clarification

TCP clarification

Reference news item published in Business Recorder, dated Wednesday, April 4 under caption "TI Pakistan, TCP lock horns over award of urea handling contract," it is clarified that TCP has neither violated any Court''s orders nor PPRA Rules at any s
Published 06 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
China ship insurer deals new blow to Iran oil exports

China ship insurer deals new blow to Iran oil exports

A major Chinese ship insurer will halt indemnity cover for tankers carrying Iranian oil from July, dealing a blow that narrows the insurance options for Tehran's main export already constricted by payment barriers caused by Western sanctions.
Published 06 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 05, 2012).

Published 06 Apr, 2012 12:00am
China ship insurer deals new blow to Iran oil exports

China ship insurer deals new blow to Iran oil exports

A major Chinese ship insurer will halt indemnity cover for tankers carrying Iranian oil from July, dealing a blow that narrows the insurance options for Tehran's main export already constricted by payment barriers caused by Western sanctions.
Published 06 Apr, 2012 12:00am
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