Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Saturday (January 03, 2004).
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
Italian Foreign Minister Franco Frattini on Saturday rejected criticism of its European Union presidency by European Commission chief Romano Prodi and accused Prodi of abusing his post to launch an election campaign.
A bold drive got underway Saturday to revitalise Iraq's schools and purge them of propaganda from the Baath regime of ousted president Saddam Hussein, which starved classrooms to fund its military goals.
Iranian rescue workers pulled a woman, believed to be in her 90s, alive and unscathed from the rubble in Bam on Saturday, more than eight full days after an earthquake destroyed the city.
China's foreign ministry on Saturday marked 25 years of US ties with a statement saying it was willing to push forward the bilateral relationship, state-run Xinhua news agency reported.
The United States has strongly urged Sri Lankan leaders to end their bitter power struggle that has seriously undermined an internationally-backed peace bid with Tamil rebels, diplomats said on Saturday.
Poland will increase its number of special forces in Iraq next month when it rotates its roughly 2,400-strong military contingent, Defence Minister Jerzy Szmajdzinski said on Saturday.
German police experts believe the various videos and tapes attributed to al Qaeda chief Osama bin Laden since the September 11, 2001 attacks in the United States are authentic, according to a report quoted by the weekly Focus which goes on sale Monday.
Israel's deputy prime minister said on Friday there were no plans to expand Jewish settlements in the Golan Heights, contradicting a fellow minister whose remarks had outraged Syria and snubbed the United States.
Afghanistan's constitutional debate, which has exposed deep ethnic divisions and challenged the US vision of a strong presidency, is just "one word" away from being wrapped up, officials said on Saturday.
Bangladeshi police fought with their fists against rock-throwing women protesters and detained several in the capital on Saturday as the first opposition-led general strike of the year largely halted transport and business.
A rock-inspecting rover hurtled toward Mars for a perilous landing on Saturday on what NASA hopes will become a historic mission to answer the age-old question of whether life existed on the red planet.
US Secretary of State Colin Powell has called the head of the International Atomic Energy Agency (IAEA) in a bid to soothe tensions between Washington and the UN agency over Libya, diplomats said here on Saturday.
A British minister said on Saturday specific information led to the grounding of several British Airways flights this week and warned more cancellations might be needed to prevent another September 11-style attack.
Mazda Motor Corp plans to expand its Chinese operations by setting up a sales holding firm with China's First Automotive Works (FAW) and a production firm with Ford Motor Co, a Japanese newspaper said on Saturday.
US special envoy for Iraqi debt James Baker is not expected to discuss billions of dollars in war reparations Baghdad owes Kuwait for its 1990 invasion, the emirate's foreign minister said Saturday.
German unemployment rose to 4.31 million in December, the highest December total since 1997, Die Welt newspaper said on Saturday, citing what it said were preliminary estimates of the Federal Labour Office.
European Commission President Romano Prodi has urged Libyan leader Muammar Gaddafi to increase co-operation with the European Union as his country acts to end its pariah status.
German Chancellor Gerhard Schroeder said Germany could not afford to slacken the pace of reform in the year ahead and repeated an offer to the conservative opposition for talks on overhauling the tax system.
South Korea's finance minister Kim Jin-pyo said the government would work to possibly achieve 6.5 percent economic growth in 2004, higher than the official growth target of about five percent, JoongAng Ilbo reported on Saturday.
President Gloria Arroyo said Saturday she hopes to win job contracts in Iraq for the Philippines' huge work force following the arrest of Baghdad's deposed leader Saddam Hussein.
Industrial action by air traffic controllers at an airport in the outskirts of Madrid was affecting some 80 percent of flights in Spanish air space on Saturday, according to Spain's AENA airport authority.
Despite discovery of its first case of mad cow disease, the United States could still claim to be free of the ailment, experts say - an approach that a consumer group says would be a mistake.
Calisto Tanzi, the founder of Parmalat who is under arrest for a multi-billion-euro scandal, has agreed to hand over his shares in the Italian food firm to its newly appointed administrator, a lawyer for Tanzi said on Saturday.
Calisto Tanzi, the founder of Parmalat who is under arrest for a multi-billion-euro scandal, has agreed to hand over his shares in the Italian food firm to its newly appointed administrator, a lawyer for Tanzi said on Saturday.
International banks felt the heat from the multi-billion-euro Parmalat scandal on Saturday as the US SEC said it was investigating whether they were negligent or reckless by selling the food firm's bonds.
Turkey said Saturday that inflation in 2003 had been 18.4 percent, below the 20 percent year-end target set in an IMF-backed economic recovery programme.
The US Defence Department announced on Friday a $29.7 million order for anthrax vaccine based on the assumption that a federal judge's ban on mandatory inoculations will be reversed.
European companies doubled their issuance of convertible bonds in 2003 while shunning stock sales as a source of funds, though equity may regain favour this year, financial data provider Thomson Financial said on Friday.
European companies doubled their issuance of convertible bonds in 2003 while shunning stock sales as a source of funds, though equity may regain favour this year, financial data provider Thomson Financial said on Friday.
Brazil's total sugar exports rose 32 percent to 1.61 million tonnes in December, from 1.22 million tonnes in the same month a year earlier, the Trade Ministry's foreign trade secretariat said on Friday.
China, the world's No 2 corn exporter last year, was believed to have bought US corn and could soon be buying up a large amount of wheat from the United States, grain traders and analysts said on Friday.
Chicago Board of Trade soyabeans ended higher on Friday after all deferred months set new contract highs on heavy speculative buying and fears that tight US soya supplies still needed to be rationed, traders said.
Salvadoran coffee exports fell 53 percent in December, a third consecutive monthly fall, as the Central American producer continued to suffer from low global coffee prices, the El Salvador Coffee Council said on Friday.
Chicago Board of Trade rough rice futures closed higher on Friday on strong weekly US rice export sales and following a near limit-up close in neighbouring wheat futures, brokers said.
Cash bids for dark northern spring wheat soared 21 to 26 cents a bushel in the northern US crop region on Friday, tracing a rally in Minneapolis Grain Exchange wheat futures that triggered scattered farmer sales, dealers said.
Crude oil output in China's top oilfield, Daqing, fell 3.5 percent year on year to 48.4 million tonnes in 2003, the lowest level in nearly three decades, the official People's Daily reported on Saturday.
Soaring world prices this year should continue to fuel breakneck growth in Brazil's soybean production, but a battle over how to regulate genetically modified crops may also hurt the nation's export business, industry analysts said.
Gold was the standout performer in a generally sleepy post-Christmas week for the commodities market, the metal rising to near-eight year highs, due mainly to the plummeting dollar.
Wheat futures at the Chicago Board of Trade ended sharply higher on Friday, fresh one-month highs were set, several months touched limit-up in late trading and deferred months set new tops as traders rang in the new year with a round of massive commodity
Spinners were on sidelines to assess the situation arising out of sharp jump in cotton prices just ahead of ginners fortnightly statement on arrival, relevant sources said on Saturday.
A member of Germany's main opposition Christian Democrats said on Friday said his party may block the release of more government funds for a nation-wide highway toll system for trucks that has been repeatedly delayed.
Receipts from Egypt's Suez Canal fell to $221.2 million in November from $228.3 million in October, but were up from $174.7 million in November 2002, monthly government statistics showed.
SembCorp Marine Ltd, Southeast Asia's largest shipyard group, said on Wednesday it had sold its 50-percent stake in a China shipyard in a strategic move to focus on a joint venture with shipping giant Cosco.
China's top oil refiner, Sinopec Corp, has formalised a marine fuel venture with the country's second largest shipper, China Shipping (Group) Co, officials said on Wednesday.
A ports unit of Hong Kong conglomerate Hutchison Whampoa Ltd said on Wednesday it has signed an agreement to boost its stake in European container handling firm ECT to 98 percent from 79 percent.
The Karachi Port handled 95,312 tonnes of cargo including 83,749 tonnes import and 11,563 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday.
Bangladesh's foreign exchange reserves rose to $2.62 billion as on December 30, 2003, from $2.48 billion at the end of the previous month, central bank officials said on Saturday.
India's foreign exchange reserves rose to $100.590 billion in the week ended December 26 from $100.049 billion the previous week, the Reserve Bank of India (RBI) said in its weekly statistical supplement on Saturday.
The Canadian dollar rose on Friday to near a 10-year high set earlier in the week as concern about the US current account deficit pulled the greenback lower against major world currencies.
The dollar hit three-year lows against the yen and weakened against the euro on Friday, but recouped some ground after a strikingly strong US manufacturing report.
China is likely to tap its massive chest of foreign exchange reserves when it moves to bail-out debt-laden state banks, the China Business Post said on Saturday.
Chilean stocks closed flat on Friday as copper producer Madeco gained on a world copper price rally, but major telecommunications firm Telefonos CTC Chile dragged.
The Canadian bond prices fell on Friday as a strong equity trading session pulled long-dated bonds lower. Also weighing on traders' minds is the upcoming Bank of Canada rate decision on January 20.
The Canadian bond prices fell on Friday as a strong equity trading session pulled long-dated bonds lower. Also weighing on traders' minds is the upcoming Bank of Canada rate decision on January 20.
Upbeat economic data and rising stocks helped underpin sentiment in the US corporate bond market on Friday, pushing yield spreads a touch narrower relative to Treasuries in thin trading.
Upbeat economic data and rising stocks helped underpin sentiment in the US corporate bond market on Friday, pushing yield spreads a touch narrower relative to Treasuries in thin trading.
Brazil's stock index hit another record high close on Friday following a firm open on Wall Street, and the local currency also strengthened after investors sold dollars in a thin market, traders said.
Toronto stocks kicked off the new year with a meaty gain on Friday to lift the index to its highest close in 2-1/2 years as a report showing strong US manufacturing lured investors into technology shares.
Argentine shares rose to a record high on Friday amid general investor optimism over a recovering economy and bargain hunting by investors after falls in previous sessions, traders said.
US Treasuries could come under pressure next week as investors position for a December jobs report that looks like it may beat expectations following Friday's stunning improvement at factories across the country.
US Treasuries could come under pressure next week as investors position for a December jobs report that looks like it may beat expectations following Friday's stunning improvement at factories across the country.
US Treasury prices fell sharply on Friday as a report showing surprising manufacturing strength brought forward market expectations for an eventual interest rate increase from the Federal Reserve.
US Treasury prices fell sharply on Friday as a report showing surprising manufacturing strength brought forward market expectations for an eventual interest rate increase from the Federal Reserve.
South Korean share prices are likely to see a slow week ahead as investors await quarterly earnings data from the United States for a fresh lead on the global economic and corporate outlook, dealers said Friday.
Taiwan shares are likely to move higher next week, supported by rotational play after the market finally recovered the 6,000 points level on hopes of a traditional January rally, dealers said Friday.
US blue chips slipped and technology shares ended with slim gains on Friday as the market's recent strength and new security alerts put investors on guard, dampening enthusiasm for an upbeat manufacturing report.
Indian Prime Minister Atal Bihari Vajpayee agreed to attend the 12th Saarc summit when General Pervez Musharraf accepted his all demands, including withdrawal from the Pakistan's stance on Kashmir for granting right of plebiscite in the light of UN Securi
The shiftees of Lyari Expressway project have started arriving at the site of their new abode, the Taisar Town, under the second phase of their rehabilitation being carried out under Lyari Expressway Resettlement project.