Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 01, 2007).

The government has waived off 2 percent penal surcharge on the goods to be removed from the warehouses from September 1 to 30, 2007. According to a notification issued on Saturday, the board has also allowed keeping of overstayed imported goods in the war

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 01, 2007).

The government has waived off 2 percent penal surcharge on the goods to be removed from the warehouses from September 1 to 30, 2007. According to a notification issued on Saturday, the board has also allowed keeping of overstayed imported goods in the war

Interbank closing rates for dollar on Saturday (September 01, 2007).

The government has waived off 2 percent penal surcharge on the goods to be removed from the warehouses from September 1 to 30, 2007. According to a notification issued on Saturday, the board has also allowed keeping of overstayed imported goods in the war

Dollar buying and selling rate in the kerb market in rupees on Saturday (September 01, 2007).

The SPI-based inflation was 8.13 percent up during week ending on August 30 over the same period of last year, as dearness has been 9.46 percent for the low income group against 6.07 percent for those earning over Rs 12, 000 per month.

The rupee retained its overnight levels against dollar in the interbank market on Saturday for buying and selling at Rs 60.61 and Rs 60.62, dealers said. It is expected that the rupee would move both ways against dollar in the coming days. If the dollar s

The SPI-based inflation was 8.13 percent up during week ending on August 30 over the same period of last year, as dearness has been 9.46 percent for the low income group against 6.07 percent for those earning over Rs 12, 000 per month.

The rupee retained its overnight levels against dollar in the interbank market on Saturday for buying and selling at Rs 60.61 and Rs 60.62, dealers said. It is expected that the rupee would move both ways against dollar in the coming days. If the dollar s

The SPI-based inflation was 8.13 percent up during week ending on August 30 over the same period of last year, as dearness has been 9.46 percent for the low income group against 6.07 percent for those earning over Rs 12, 000 per month.

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (September 01, 2007).

The government has decided to blacklist seven freight forwarders and clearing agents who resorted to clearance of commercial goods under ''Defence stores'' to evade duty and taxes. Sources told Business Recorder on Saturday that certain firms, oper

Karachi Port's world-wide shipping schedule beginning from Monday (September 03, 2007).

The government has decided to blacklist seven freight forwarders and clearing agents who resorted to clearance of commercial goods under 'Defence stores' to evade duty and taxes. Sources told Business Recorder on Saturday that certain firms, operat

Karachi Port's world-wide shipping schedule beginning from Monday (September 03, 2007).

The government has decided to blacklist seven freight forwarders and clearing agents who resorted to clearance of commercial goods under 'Defence stores' to evade duty and taxes. Sources told Business Recorder on Saturday that certain firms, operat

Wholesale poultry rates on Saturday (September 01, 2007) and for Sunday (September 02, 2007).

President General Pervez Musharraf on Saturday expressed his deep shock over the collapse of a section of Northern Bypass bridge in Karachi and directed an immediate inquiry. The President also expressed grief over the loss of life and damage to the prope

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday September 03, 2007

President General Pervez Musharraf on Saturday expressed his deep shock over the collapse of a section of Northern Bypass bridge in Karachi and directed an immediate inquiry. The President also expressed grief over the loss of life and damage to the prope

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday September 03, 2007

Some Unknown miscreants on Saturday fired two missiles on Afghan security post (Javid security post) that is situated some two hundreds meters away of the Pakistani security force on Pak-Afghan boarder Torkham. The missiles believed to be fired from Shams

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday September 03, 2007

Two suicide attacks on Pakistan's military forces in Bajaur tribal district on Saturday left three soldiers dead and nine injured, officials said. The soldiers were killed when a suicide bomber rammed an explosives-filled car into a paramilitary vehicle,

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (September 01, 2007).

Two suicide attacks on Pakistan's military forces in Bajaur tribal district on Saturday left three soldiers dead and nine injured, officials said. The soldiers were killed when a suicide bomber rammed an explosives-filled car into a paramilitary vehicle,

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 01, 2007).

Former Prime Minister Benazir Bhutto said on Saturday that she had not yet reached a power-sharing deal with President Pervez Musharraf, but was planning to return to the country soon.

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 01, 2007).

Former Prime Minister Benazir Bhutto said on Saturday that she had not yet reached a power-sharing deal with President Pervez Musharraf, but was planning to return to the country soon.

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 01, 2007).

The West should not give "blind support" to President Pervez Musharraf and must distinguish between democracy and his "misrule", ex-Prime Minister Nawaz Sharif told AFP Saturday.

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (September 01, 2007).

The West should not give "blind support" to President Pervez Musharraf and must distinguish between democracy and his "misrule", ex-Prime Minister Nawaz Sharif told AFP Saturday.

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (September 01, 2007).

China appears to be mellowing down on its strident opposition to Indo-US civil nuclear deal as it expressed readiness to co-operate with all countries on the peaceful use of atomic energy under the IAEA safeguards.

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Iran's supreme leader Ayatollah Ali Khamenei on Saturday replaced the head of the elite Revolutionary Guards force, in a surprise move at a time of mounting tension with the West.

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (September 01, 2007).

Curfew was clamped in the volatile North Indian city here today following stone-pelting by an agitating mob over the alleged desecration of a holy book, resulting in injuries to more than a dozen policemen.

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Saturday (September 01, 2007).

Saudi Arabia is examining a report by a technical team which recently visited Iraq to decide its next move on reopening its embassy in Baghdad, a minister said on Saturday.

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (September 01, 2007).

10 Frontier Constabulary personnel including a major have been abducted from near the headquarters of Mehmand Agency. According to Aaj TV channel convoy of the personnel was moving from Ghal Nai to Muhammad Gat.

Interest rates on old and incremental FCY deposits on Saturday (September 01, 2007).

A Northern Bypass bridge, which was inaugurated by President Pervez Musharraf just last month collapsed on Saturday, killing at least eight people and leaving another 20 injured with more trapped under the debris, officials said. Rescuers were trying to c

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (September 01, 2007).

A Northern Bypass bridge, which was inaugurated by President Pervez Musharraf just last month collapsed on Saturday, killing at least eight people and leaving another 20 injured with more trapped under the debris, officials said. Rescuers were trying to c

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (September 01, 2007).

Irfan Nadeem, commissioner Large Tax Payers Unit (LTU), Federal Board of Revenue (FBR), Karachi, has assumed the charge, on transfer from FBR, as Director General, National Institute of Management (formerly known as Nipa) from Major General Khalid Naeem (

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (September 01, 2007).

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (September 01, 2007).

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

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

Karachi interbank rates on Saturday (September 01, 2007).

All timings are in PST (Pakistan Standard Time).

Thin trading was seen on the grain market on Saturday as most of the commodities maintained the overnight levels except yellow peas sharply lower in process of trading, dealers said. On the cereal side, wheat old and new with bardana shed Rs 10 to Rs 1310

No change was seen on the forward cottonseed oilcake market on Saturday as most of the buyers kept on the sidelines due to lack of interest, dealers said.

Steady trend was seen on the cotton market on Saturday as prices showed upward trend following the rising demand by the mills, dealers said. The Karachi Cotton Association (KCA) official spot rate was inert at Rs 2900.

Organic food and drink sales rose strongly in Britain last year but domestic supplies are failing to keep pace with demand and could limit future growth, the Soil Association said in a report issued on Saturday.

Spring wheat futures on the Minneapolis Grain Exchange closed higher on Friday, gaining ground on the Kansas City and Chicago wheat markets as inter-market spreads corrected, traders said. MGE spring wheat normally trades at a premium to wheat on the Chic

Raw sugar futures closed with modest losses on Friday in a session featuring rollovers and muted pit volumes due to pre-holiday illiquidity, traders said. "The October-March just got offered down March/Mays are getting offered down. Other than that, that'

Chicago Board of Trade rough rice futures hit a one-month high on Friday on follow-through technical buying from Thursday, traders said. The market got a boost this week from the government's lower-than-expected rice stocks data.

Chicago Board of Trade soybean futures ended weaker on Friday, turning lower late on month-end position selling and ahead of the three-day holiday weekend, traders said. CBOT markets will be closed Sunday night and during Monday's day session for the US L

US copper futures ended up on Friday after speeches by Fed Chairman Ben Bernanke and President Bush underpinned a rally on Wall Street, analysts said. In separate speeches on Friday, President George W. Bush and Federal Reserve Chairman Ben Bernanke both

Open-outcry arabica coffee settled mostly lower on Friday, weighed by fund selling that pulled prices off earlier gains, traders said. "The market got up to the $1.17 area easily but then some big size selling came into the market and pushed prices back d

India's demand for gold in 2007 is likely to jump by 50 percent, from 2006, to record levels as lower prices lift buying interest, a senior official of the World Gold Council said on Thursday.

The US gold futures finished sharply higher on Friday on firmer stock markets and a strike at a gold mine, and as speeches by US President George W. Bush and the Federal Reserve calmed financial markets ahead of the Labour Day holiday long weekend.

Oil prices rebounded last week owing to falling US energy reserves and a recovery for global equities. US stocks rose sharply Friday as Federal Reserve chief Ben Bernanke said the US central bank would act "to limit the adverse effects" of the mortgage cr

India left base import prices for palm and soya oils unchanged on Friday ahead of an expected pick-up in demand with the start of a season of festivals, extending a year-long freeze designed to help contain inflation.

Cocoa butter prices have dropped in Asia, with only a few chocolate makers showing interest in nearby cargoes despite the summer holiday season, dealers said on Friday.

The Chinese government will issue licences to several trust companies to participate in a scheme which lets domestic financial institutions help clients to invest abroad, an official newspaper said on Saturday.

Bangladesh will get $2 billion in soft loans from the Islamic Development Bank (IDB) to fight poverty in the South Asian nation of 140 million, a senior government official said on Saturday.

Central banks should focus on house price swings only if they risk causing harm to the broader economy, and keep their eyes on ensuring stable prices and employment, Federal Reserve Governor Frederic Mishkin said on Saturday.

Real estate speculators account for a large share of failed loans in four states hard hit by foreclosures, according to a leading mortgage-lending trade association.

China's independent fuel dealers have won back the right to market a share of state refineries' output, a sign that Beijing is ready to allow competition in the key sector, the independents' representative said on Saturday.

German sports car maker Porsche aims to raise its stake in German car maker Volkswagen (VW) to 51 percent, the German current affairs weekly Der Spiegel reported. A Porsche spokesman said on Saturday that the company's board had made no decision about rai

The Bush administration returns to Doha round trade discussions next week with renewed optimism, hoping negotiations in the long-troubled talks can produce a detailed blueprint by late September, a senior US trade official said on Friday.

Doubts about the outlook for Asian economic growth and jittery markets resulting from the US subprime crisis are persuading regional central banks to hold interest rates steady until the financial dust settles.

UNESCO Friday voiced concern over the construction of an ultra-modern complex Gazprom-City in Saint Petersburg, warning that the former imperial capital's historical downtown could be struck from the world heritage lists.

China will adopt a mix of measures aimed mainly at boosting domestic consumption to help rebalance its blistering economy, rather than letting the yuan rise sharply, a senior central banker said on Saturday.

US farmers risk losing valuable market share to foreign competitors without new free trade deals, the US agriculture secretary said on Friday, as the Bush administration prepares to push this autumn for passage of four pending trade deals.

Suez and Gaz de France resumed talks on Saturday to try to reach a deal on a delayed 90-billion-euro ($122.9 billion) merger, with an announcement possible on Monday. Suez has, according to sources close to the situation, bowed to pressure from French Pre

Indonesia has raised import duty for rice to 550 rupiah ($0.585) a kilogram from 450 rupiah a kilogram to protect local farmers, a senior official said on Saturday. Indonesia has limited imports of the grain since 2004 to combat smuggling which disrupts l

The World Bank's chief economist on Thursday forecast that world economic growth would slow in 2007 but said the possibility of a crisis would diminish if the global economy could weather the next few weeks.

The trading on milk powder moved up on Jodia Bazaar on Saturday.

The Karachi Port handled 31,960 tonnes cargo including 20,173 tonnes import, 11,787 tonnes export cargo and 378 containers (TEUs) during last 24 hours ending at 0700 hours on Saturday.

Cocoa arrivals at ports in Ivory Coast from October 1, 2006 to August 26, 2007, reached 1,183,989 tonnes, compared with 1,325,463 tonnes received in the same period last year, exporters said on Friday. The figures showed 8,886 tonnes arrived at ports from

Singapore bunker prices held steady on Friday, but the differential to fuel oil cargo values remained in the red for the second straight session on poor demand.

Ocean freight for dry commodities on major Asian export routes slipped on Tuesday as easing port congestion's and improved spot tonnage availability weighed on the market.

Romania should review a 2004 privatisation contract and sale of its leading oil and gas firm Petrom to Austria's OMV with the possibility of cancelling the deal, Finance and Economy Minister Varujan Vosganian said.

Canadian consumer confidence remains robust, despite the recent turmoil in financial markets, the Conference Board of Canada said on Friday. The board's index of consumer confidence rose 0.9 percent in August to 99.5, well above its two-year average.

Telecoms equipment maker Ericsson is aiming to improve margins in China this year and expects to take GSM mobile networks market share from foreign rivals in the Asian nation, the company's China chief said on Friday.

China's leaders have called on ordinary people to help tackle the "urgent" problem of booming energy demand and massive pollution, which they warn threatens growth, launching a huge propaganda campaign on Saturday.

Hydrogen fuel cell makers may be seen as Wall Street pariahs but investors are now eyeing a new breed of alternative energy companies that may breathe new life into the ailing sector.

The head of Unipol , Italy's third-largest insurer by market value, has denied having held talks about a possible merger with co-operative bank Banca Popolare di Milano (BPM).

Sri Lanka's annual inflation rate, measured on a 12-month moving average, rose slightly to 17.3 percent in August from 17.2 percent in July because of higher fuel prices, the government said on Friday. Consumer prices rose 17.3 percent in August from a ye

Italian aviation authorities said they were probing the cancellation of several Alitalia flights on Friday and Saturday for suspected technical problems, after reports that a pilot protest was really to blame. Aviation authority ENAC said the agency was l