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Print - 2004-03-28
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Friday.
Published 28 Mar, 2004 12:00am
Minor among four killed in Iraq

Minor among four killed in Iraq

An Iraqi policeman was killed and another wounded in a shootout at a bank in the main northern city of Mosul on Saturday in which two gunmen were also killed, a senior officer said.
Published 28 Mar, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Friday.
Published 28 Mar, 2004 12:00am
Minor among four killed in Iraq

Minor among four killed in Iraq

An Iraqi policeman was killed and another wounded in a shootout at a bank in the main northern city of Mosul on Saturday in which two gunmen were also killed, a senior officer said.
Published 28 Mar, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
No human rights violations in occupied Kashmir: Fernandes

No human rights violations in occupied Kashmir: Fernandes

Indian Defence Minister George Fernandes on Saturday rejected charges of human rights violations in Occupied Jammu and Kashmir, saying that whenever such incidents had come to light, Indian government had taken appropriate measures to counter them.
Published 28 Mar, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
No human rights violations in occupied Kashmir: Fernandes

No human rights violations in occupied Kashmir: Fernandes

Indian Defence Minister George Fernandes on Saturday rejected charges of human rights violations in Occupied Jammu and Kashmir, saying that whenever such incidents had come to light, Indian government had taken appropriate measures to counter them.
Published 28 Mar, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Top al Qaeda leader hurt in Wana: ISPR

Top al Qaeda leader hurt in Wana: ISPR

One of the top al Qaeda leaders, Tahir Yuldashev, has been injured during a military operation against the miscreants, a spokesman of the Inter-Services Public Relations (ISPR) said on Saturday.
Published 28 Mar, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (March 27) and rates for Sunday (March 28, 2004).
Published 28 Mar, 2004 12:00am
Top al Qaeda leader hurt in Wana: ISPR

Top al Qaeda leader hurt in Wana: ISPR

One of the top al Qaeda leaders, Tahir Yuldashev, has been injured during a military operation against the miscreants, a spokesman of the Inter-Services Public Relations (ISPR) said on Saturday.
Published 28 Mar, 2004 12:00am
AKD crosses Rs 100 billion mark

AKD crosses Rs 100 billion mark

AKD Trade.com achieves yet another landmark as the total worth of shares traded online through the AKD Trade website crosses the Rs 100 billion mark.
Published 28 Mar, 2004 12:00am
AKD crosses Rs 100 billion mark

AKD crosses Rs 100 billion mark

AKD Trade.com achieves yet another landmark as the total worth of shares traded online through the AKD Trade website crosses the Rs 100 billion mark.
Published 28 Mar, 2004 12:00am
'The Panel' group wins KPC polls

'The Panel' group wins KPC polls

Nizamuddin Siddiqui and Khurshid Abbasi of "The Panel" group won the election 2004-05 of Karachi Press Club here on Saturday as president and secretary.
Published 28 Mar, 2004 12:00am
Voluntary Pension plan in offing: SECP to set up Corporate Index

Voluntary Pension plan in offing: SECP to set up Corporate Index

Dr Tariq Hassan, Chairman, Securities and Exchange Commission of Pakistan (SECP), has said that 'Voluntary Pension System' plan has been forwarded to Ministry of Finance for approval to encourage development of private schemes and boost activity in the fi
Published 28 Mar, 2004 12:00am
Voluntary Pension plan in offing: SECP to set up Corporate Index

Voluntary Pension plan in offing: SECP to set up Corporate Index

Dr Tariq Hassan, Chairman, Securities and Exchange Commission of Pakistan (SECP), has said that 'Voluntary Pension System' plan has been forwarded to Ministry of Finance for approval to encourage development of private schemes and boost activity in the fi
Published 28 Mar, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Economic growth accelerating: Jamali

Economic growth accelerating: Jamali

Prime Minister Mir Zafarullah Khan Jamali on Saturday said the economic growth of the country has been accelerated owing to sustained efforts for invigorating economy through policy of deregulation and privatisation of state-owned entities and promotion o
Published 28 Mar, 2004 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 (March 27, 2004).
Published 28 Mar, 2004 12:00am
Economic growth accelerating: Jamali

Economic growth accelerating: Jamali

Prime Minister Mir Zafarullah Khan Jamali on Saturday said the economic growth of the country has been accelerated owing to sustained efforts for invigorating economy through policy of deregulation and privatisation of state-owned entities and promotion o
Published 28 Mar, 2004 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 27, 2004).
Published 28 Mar, 2004 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 (March 27, 2004).
Published 28 Mar, 2004 12:00am
Pakistan to meet compliance issues for trade growth

Pakistan to meet compliance issues for trade growth

Realising the importance of compliance issues for growth of trade in future, the government is initiating a study to find out what is happening around the globe on this issue from all aspects, international practices, apart from identifying the policy cha
Published 28 Mar, 2004 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Pakistan to meet compliance issues for trade growth

Pakistan to meet compliance issues for trade growth

Realising the importance of compliance issues for growth of trade in future, the government is initiating a study to find out what is happening around the globe on this issue from all aspects, international practices, apart from identifying the policy cha
Published 28 Mar, 2004 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
THE RUPEE: firm trend in money market

THE RUPEE: firm trend in money market

Range-bound trading was again witnessed in the interbank market at the weekend as the rupee did not show any major change in its overnight levels for buying and selling at Rs 57.51 and Rs 57.53, respectively.
Published 28 Mar, 2004 12:00am
THE RUPEE: firm trend in money market

THE RUPEE: firm trend in money market

Range-bound trading was again witnessed in the interbank market at the weekend as the rupee did not show any major change in its overnight levels for buying and selling at Rs 57.51 and Rs 57.53, respectively.
Published 28 Mar, 2004 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday March 29, 2004.
Published 28 Mar, 2004 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday March 29, 2004.
Published 28 Mar, 2004 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday March 29, 2004.
Published 28 Mar, 2004 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th March, 2004.
Published 28 Mar, 2004 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th March, 2004.
Published 28 Mar, 2004 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 (March 27, 2004).
Published 28 Mar, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 27, 2004).
Published 28 Mar, 2004 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 (March 27, 2004).
Published 28 Mar, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (March 27, 2004).
Published 28 Mar, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 27, 2004).
Published 28 Mar, 2004 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 Saturday (March 27, 2004).
Published 28 Mar, 2004 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 Saturday (March 27, 2004).
Published 28 Mar, 2004 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 Saturday (March 27, 2004).
Published 28 Mar, 2004 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 Saturday (March 27, 2004).
Published 28 Mar, 2004 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 Comm
Published 28 Mar, 2004 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 28 Mar, 2004 12:00am
New Iraqi Gulf terminal off to sluggish start

New Iraqi Gulf terminal off to sluggish start

Iraq's new Gulf oil export terminal is operating at less than a third of its capacity due to its pumping limitations and some Western firms' concern that the facilities may not be safe, industry and market sources said on Tuesday.
Published 28 Mar, 2004 12:00am
Kandla port to select builder for container terminal

Kandla port to select builder for container terminal

Kandla, one of India's busiest ports, will award a 1.2 billion rupee ($27 million) contract to build a container terminal in the next five months, the port's chairman, A.K. Joti, said on Wednesday.
Published 28 Mar, 2004 12:00am
Asian freight rates seen steady

Asian freight rates seen steady

Panamax rates for dry bulk cargoes were steady on Tuesday, supported by South American grain shipments, but brokers were watching port congestion for any signs of a delay in freight fixtures.
Published 28 Mar, 2004 12:00am
PSA keen on China's Nansha terminal

PSA keen on China's Nansha terminal

Singapore port operator PSA Corp Ltd said on Thursday it was interested in joining the Nansha container terminal project in China, to strengthen its presence in one of the world's fastest-growing markets.
Published 28 Mar, 2004 12:00am
General Maritime to buy Soponata

General Maritime to buy Soponata

General Maritime Corp, a crude oil tanker company, said on Friday it agreed to acquire the fleet and technical operations of Portuguese shipping company Soponata SA for $415 million in cash.
Published 28 Mar, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 58,786 tonnes of cargo including 48,815 tonnes import and 9,971 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday.
Published 28 Mar, 2004 12:00am
Yahoo to buy Kelkoo for $575 million

Yahoo to buy Kelkoo for $575 million

Yahoo Inc said on Friday it agreed to buy European price comparison Web site Kelkoo SA for about 475 million euros ($575 million) in cash to expand its range of Internet commerce portals.
Published 28 Mar, 2004 12:00am
Zimbabwe hikes Mugabe's salary

Zimbabwe hikes Mugabe's salary

Zimbabwe has hiked President Robert Mugabe's annual salary by 265 percent, the official Herald newspaper said on Saturday.
Published 28 Mar, 2004 12:00am
Web stocks in 'mini-bubble', says Gates

Web stocks in 'mini-bubble', says Gates

Microsoft Corp Chairman Bill Gates on Friday said that investors had created a "mini-bubble" by driving Internet stocks sharply higher.
Published 28 Mar, 2004 12:00am
Web stocks in 'mini-bubble', says Gates

Web stocks in 'mini-bubble', says Gates

Microsoft Corp Chairman Bill Gates on Friday said that investors had created a "mini-bubble" by driving Internet stocks sharply higher.
Published 28 Mar, 2004 12:00am
Lending and money growth show eurozone uncertainty

Lending and money growth show eurozone uncertainty

Growth in eurozone money supply slowed in February for the fifth straight month and private lending held firm, according to data on Friday that showed an uncertain economic outlook.
Published 28 Mar, 2004 12:00am
Iraq oil exports delayed from north, south

Iraq oil exports delayed from north, south

Iraq is facing difficulties in exporting oil from both its northern and southern fields, the Middle East Economic Survey reports in its Monday edition.
Published 28 Mar, 2004 12:00am
Parsons gets another Iraq contract

Parsons gets another Iraq contract

Parsons Delaware Inc has won a contract worth up to $900 million to build "security and justice facilities" in Iraq and facilities for US-backed Iraqi forces, adding to its windfall, the Pentagon said on Friday.
Published 28 Mar, 2004 12:00am
Boeing may ease vote rules on mergers

Boeing may ease vote rules on mergers

Boeing Co, the No 2 Pentagon contractor, on Friday disclosed plans to switch to simple majority shareholder voting on merger proposals and other issues instead of requiring 75 percent approval.
Published 28 Mar, 2004 12:00am
Boeing may ease vote rules on mergers

Boeing may ease vote rules on mergers

Boeing Co, the No 2 Pentagon contractor, on Friday disclosed plans to switch to simple majority shareholder voting on merger proposals and other issues instead of requiring 75 percent approval.
Published 28 Mar, 2004 12:00am
Unemployed Iraqis attack job centre

Unemployed Iraqis attack job centre

Angry unemployed protestors threw stones and lobbed grenades at the public job centre in this south-eastern Iraqi city Saturday, forcing British troops to intervene, police and an AFP correspondent said.
Published 28 Mar, 2004 12:00am
Europe's first Islamic bond may be issued soon

Europe's first Islamic bond may be issued soon

Europe's first Islamic bond is expected to be issued in the next few months and increasing numbers of Western borrowers are eyeing cash-rich Muslim investors as a source of funds.
Published 28 Mar, 2004 12:00am
Europe's first Islamic bond may be issued soon

Europe's first Islamic bond may be issued soon

Europe's first Islamic bond is expected to be issued in the next few months and increasing numbers of Western borrowers are eyeing cash-rich Muslim investors as a source of funds.
Published 28 Mar, 2004 12:00am
Bankrupt MCI to cut 4,000 jobs

Bankrupt MCI to cut 4,000 jobs

Bankrupt telephone company MCI on Friday said it plans to cut 4,000 jobs, citing the need to reduce costs because of increased competition and the impact of a regulatory crackdown on telemarketing.
Published 28 Mar, 2004 12:00am
Opec likely to cut production: MEES

Opec likely to cut production: MEES

The Opec oil cartel is likely to compromise in Vienna on Wednesday and cut production by less than the one million barrels per day (bpd) planned, the Middle East Economic Survey (MEES) reports.
Published 28 Mar, 2004 12:00am
Shell to sell Gulf of Mexico gas trade

Shell to sell Gulf of Mexico gas trade

A unit of Royal Dutch/Shell Group on Friday said it plans to sell its Gulf of Mexico natural gas pipeline business as part of the oil major's review of its portfolio of assets.
Published 28 Mar, 2004 12:00am
John Kerry proposes cut in corporate taxes

John Kerry proposes cut in corporate taxes

Presidential candidate John Kerry, eager to rebut charges that he is a tax-and-spend Democrat, on Friday proposed cutting the corporate tax rate and paying for it by eliminating incentives for US companies to shift jobs overseas.
Published 28 Mar, 2004 12:00am