US treasuries bid prices on Friday (July 08, 2005).

'Business Week', the reputed global magazine, in its issue of July 11, 2005, has recognised S Ali Raza, Chairman & President, National Bank of Pakistan, as one of its 25 'Stars of Asia', in its title article, 'Leaders at the forefront of change'. The arti

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 08, 2005).

Executive District Office (EDO) Health Dr Abdul Rahim Sherani said emergency has been declared in all the hospitals in connection with the outbreak of gastroenteritis in the town. Talking to newsmen here on Friday, he said all the officials of health depa

London Interbank Offered Rates (LIBOR) on Friday (July 08, 2005).

Chairman Flood Control Commission, I.B. Sheikh on Friday said there was no danger posing to the life and property in the area, following the release of excessive water by India in river Chanab. Speaking in a PTV programme, he said there was an apprehensio

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (July 08, 2005).

The Central Board of Revenue (CBR) has issued the draft of new ''Income Tax Return'' Forms, applicable for the ''Tax year 2005''. The CBR has issued notification to circulate the draft of the new forms. The CBR has asked the taxpayers to examine these for

Money market report by Khadim Ali Shah Bukhari & Co on Friday (July 08, 2005).

The Central Board of Revenue (CBR) has issued the draft of new 'Income Tax Return' Forms, applicable for the 'Tax year 2005'. The CBR has issued notification to circulate the draft of the new forms. The CBR has asked the taxpayers to examine these forms a

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (July 08, 2005).

The Central Board of Revenue (CBR) has issued the draft of new 'Income Tax Return' Forms, applicable for the 'Tax year 2005'. The CBR has issued notification to circulate the draft of the new forms. The CBR has asked the taxpayers to examine these forms a

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (July 08, 2005).

Two-day first meeting of Working Group, set up on Iran-Pakistan-India gas pipeline project valued at dollars 4.16 billion will be held here between New Delhi and Islamabad on July 12. Pakistan's seven-member delegation, headed by Secretary Petroleum and N

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 08, 2005).

Private Pakistani buyers have bought a few cargoes of Chinese white sugar for shipment in July and August, traders said on Friday. They said one deal had been done to ship 12,000-13,000 tonnes of bagged white sugar from southern China to Pakistan from Jul

Interest rates on old and incremental FCY deposits on Friday (July 08, 2005).

Private Pakistani buyers have bought a few cargoes of Chinese white sugar for shipment in July and August, traders said on Friday. They said one deal had been done to ship 12,000-13,000 tonnes of bagged white sugar from southern China to Pakistan from Jul

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 08, 2005).

Private Pakistani buyers have bought a few cargoes of Chinese white sugar for shipment in July and August, traders said on Friday. They said one deal had been done to ship 12,000-13,000 tonnes of bagged white sugar from southern China to Pakistan from Jul

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (July 08, 2005).

Swiss specialty chemicals company EMS Chemie's 2005 first-half sales rose 8.7 percent to 633 million Swiss francs ($492.6 million), from a restated 583 million francs a year earlier, the firm said on Friday. Earnings before interest and tax (EBIT) rose 3.

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (July 08, 2005).

Swiss specialty chemicals company EMS Chemie's 2005 first-half sales rose 8.7 percent to 633 million Swiss francs ($492.6 million), from a restated 583 million francs a year earlier, the firm said on Friday. Earnings before interest and tax (EBIT) rose 3.

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 08, 2005).

Germany's Angela Merkel, the favourite to beat Chancellor Gerhard Schroeder in September elections, won backing on Friday for the most controversial part of her platform, a plan to raise Value Added Tax (VAT). Merkel, leader of the Christian Democrats (CD

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 Comm

Russia's ballooning car market promises rich returns, but analysts say foreign competitors are muscling in and threaten to leave local players empty-handed. Real wages are rising fast and people are eager to buy all the consumer goods that were once too e

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

The European Commission has extended the deadline for its review of Danish shipping giant A.P. Moeller-Maersk's bid to purchase smaller Dutch rival P&O Nedlloyd for 2.3 billion euros, a spokesman said on Friday. "The deadline has been extended to July 29

Karachi interbank rates on Friday (July 08, 2005).

Germany announced on Friday it was extending terror insurance guarantees put in place after the September 11 attacks by two years until the end of 2007 following Thursday's deadly blasts in London. "The terrorist attacks in London yesterday have shown how

Russian raw sugar imports rose by 11.7 percent to 1,259,300 tonnes in the first five months of 2005 from 1,127,700 tonnes in the same period of 2004, the Federal Customs Service (FCS) said on Friday. Imports in May were 395,000 tonnes, 8.3 percent higher

Aberdeen Asset Management Plc is to buy most of Deutsche Bank's funds businesses in the UK for up to 265 million pounds ($465 million), significantly boosting its size and helping it enter new markets. Aberdeen said on Thursday that 215 million pounds of

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

Aberdeen Asset Management Plc is to buy most of Deutsche Bank's funds businesses in the UK for up to 265 million pounds ($465 million), significantly boosting its size and helping it enter new markets. Aberdeen said on Thursday that 215 million pounds of

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

Bears returned in the driving seat at the Islamabad Stock Exchange (ISE) where selected stocks closed in negative territory amid decrease in index. ISE Network Index showed an improvement of 3.22 points as the price-based indicator moved from 11,684.40 to

Hungary will buy between 300,000 and 400,000 tonnes of wheat and barley from farmers who lack storage capacity, the Agriculture Ministry said on Friday. The ministry said earlier that 3.5-4 million tonnes of grain must leave the country and up to 2.5 mill

Bears returned in the driving seat at the Islamabad Stock Exchange (ISE) where selected stocks closed in negative territory amid decrease in index. ISE Network Index showed an improvement of 3.22 points as the price-based indicator moved from 11,684.40 to

The Karachi Port handled 71,075 tonnes of cargo including 47,278 tonnes import and 23,797 tonnes export cargo during last 24 hours ending at 0700 hours on Friday. The cargo comprised of 69,695 tonnes dry cargo including 52,217 tonnes general cargo; 1,415

The share market almost ignored the London blasts incident killing scores of people, however, activity remained range-bound on last trading day of the week where equities moved back and forth and the benchmark index ended with a nominal decline. The LSE-2

US Plains spot hard red winter wheat basis bids were steady on Friday, with merchants reporting a lack of farmer selling interest. The quiet country market was due in large part to the setback in wheat futures prices at midweek and expectations for furthe

The share market almost ignored the London blasts incident killing scores of people, however, activity remained range-bound on last trading day of the week where equities moved back and forth and the benchmark index ended with a nominal decline. The LSE-2

US FOB Gulf soft red winter wheat basis levels weakened on Thursday as the lack of fresh export business weighed on the market, traders said. New-crop supplies continued to come on the market as farmers surged through the SRW wheat harvest in the Midwest.

President General Pervez Musharraf on Friday said the government is resolved to benefit the people of far-flung areas with the fruits of economic development and bring them at par with developed parts of the country. Addressing a gathering of elders here,

The Philippines has suffered its first case of bird flu after ducks were found to be infected in a town north of Manila, prompting the country to immediately halt poultry exports to Japan, government officials said on Friday.

President General Pervez Musharraf on Friday said the government is resolved to benefit the people of far-flung areas with the fruits of economic development and bring them at par with developed parts of the country. Addressing a gathering of elders here,

Wheat futures on the Chicago Board of Trade closed higher on Thursday after a choppy session, following trends in a volatile, weather-driven corn market, traders said. "Wheat has been a follower in here today. Corn has been the most active," one floor tra

President General Pervez Musharraf on Friday said the government is resolved to benefit the people of far-flung areas with the fruits of economic development and bring them at par with developed parts of the country. Addressing a gathering of elders here,

India expects its wheat output to be the same as the previous year and oilseeds production to be higher because of good soil moisture, the farm ministry said on Friday. But traders said the government's projections were too optimistic and the wheat output

Prime Minister Shaukat Aziz on Friday emphasised that there would be no more U-turns in the country''s economic move and it would enable investors to make long-term plans in the country. He hinted at introduction of ''white revolution'', in which the gove

Futures maintained upward trend on the forward cottonseed oilcake market on Friday due to new purchasing on apprehension of further increase in the prices, dealers said. The December vaida commenced sharply higher at Rs 243.00 and that proved to be day's

Prime Minister Shaukat Aziz on Friday emphasised that there would be no more U-turns in the country's economic move and it would enable investors to make long-term plans in the country. He hinted at introduction of 'white revolution', in which the governm

All the eyes were set on the Monday's TCP auction and players on the cotton market on Friday guessing that the corporation to get enhanced rates in the coming days, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs

Prime Minister Shaukat Aziz on Friday emphasised that there would be no more U-turns in the country's economic move and it would enable investors to make long-term plans in the country. He hinted at introduction of 'white revolution', in which the governm

Thai rice futures edged higher on Friday due to stop-loss selling as players offset July contracts on the last day of trading to avoid delivery, brokers said. Overall volume rose as 50 contracts of 5 percent white rice were trade compared to Thursday's 30

The Trading Corporation of Pakistan is exploring the possibilities of importing cement to stabilise prices of the commodity in local market, TCP Chairman, Syed Masood Alam told PPI that the matter was still at the stage of ''exploring'' the possibilities

The trading on plastic mouldings moved both ways here on Jodia Bazar on Friday. The following changes were seen in HDPE film TR144 down 50 paisa to Rs 35, HDPE Kuwait down Re 1 to Rs 36, Marlex down Re 1 to Rs 36, Iran up Re 1 to Rs 36, LDPE MG20 down Rs

The Trading Corporation of Pakistan is exploring the possibilities of importing cement to stabilise prices of the commodity in local market, TCP Chairman, Syed Masood Alam told PPI that the matter was still at the stage of 'exploring' the possibilities in

Apprehensions of low supplies in the coming days, pushed the cottonseed oilcake prices up on the grain market on Friday, dealers said. On the seed side, cottonseed oilcake with bag managed to gain rupee five for buying and selling at Rs 430-450 on fears t

The Trading Corporation of Pakistan is exploring the possibilities of importing cement to stabilise prices of the commodity in local market, TCP Chairman, Syed Masood Alam told PPI that the matter was still at the stage of 'exploring' the possibilities in

US arabica coffee futures edged down in modest trading on Thursday as many market players held back in sympathy with a series of bomb attacks in London, traders said. The New York Board of Trade's most-active September arabica contract finished at $1.0715

Buying support in oil refining companies helped the stock market averted large declines on Friday as PTCL and OGDC received heavy battering, resulting in a meagre decline at the end of the session on weekend. The KSE-100 index moved down to 7588.94 from 7

US cocoa futures fell to a fresh one-year low on Thursday, pushed down by speculative selling amid a flagging British pound against the dollar and lingering expectations of a good new West African crop, traders said. The New York Board of Trade's most-act

Buying support in oil refining companies helped the stock market averted large declines on Friday as PTCL and OGDC received heavy battering, resulting in a meagre decline at the end of the session on weekend. The KSE-100 index moved down to 7588.94 from 7

Spring wheat futures on the Minneapolis Grain Exchange closed higher on Thursday in thin trade, tracking an upturn in Chicago Board of Trade corn and wheat futures, traders said. MGE July wheat ended up 1 cent at $3.49 per bushel, with deferred months up

Buying support in oil refining companies helped the stock market averted large declines on Friday as PTCL and OGDC received heavy battering, resulting in a meagre decline at the end of the session on weekend. The KSE-100 index moved down to 7588.94 from 7

The spread of soybean rust may be increasing in the south-eastern United States after the US Agriculture Department said on Thursday possible rust spores were likely discovered in Tennessee and Kentucky. The USDA said it found what is believed to be soybe

The government has barred the Ministry of Railways (MoR) from leasing out two of its concrete sleeper manufacturing factories situated in Kotri and Kohat, saying that such transactions might take the Railways into litigation, official sources told Busi