This leasing company is incorporated in Pakistan and is listed on all the stock exchanges in Pakistan. The registered office of the company is 6th Floor, Lakson Square Building No 1 Sarwar Shaheed Road Saddar Karachi. The main business activity of the com
While terming the US State Department's statement on Javed Hashmi case as irresponsible and an intervention in internal affairs of Pakistan, the Federal Minister for Information and Broadcasting Sheikh Rashid said that without knowing ground realities of
The company was incorporated in Pakistan on 11 April 1996 as a public limited company and received certificate of commencement of Business on 27 January 1997. The company is principally engaged in the business of leasing and was listed on the Karachi Stoc
Terming the treatment being meted out to jailed Javed Hashmi as worst ever to any political leader, PML-N leaders on Thursday urged foreign diplomats to take notice of political victimisation at the hands of the present rulers.
The company was incorporated in Pakistan on 11 April 1996 as a public limited company and received certificate of commencement of Business on 27 January 1997. The company is principally engaged in the business of leasing and was listed on the Karachi Stoc
Suspected Taliban fighters have killed a district police chief and his nine bodyguards in south-eastern Afghanistan, an official said on Thursday, in the latest of a spate of bloody ambushes by insurgents.
Suspected Taliban fighters have killed a district police chief and his nine bodyguards in south-eastern Afghanistan, an official said on Thursday, in the latest of a spate of bloody ambushes by insurgents.
Construction work on long awaited Kurram Tangi Dam will be started on August 14, 2004. President General Pervez Musharraf is expected to inaugurate this mega project in district Lakki Marwat. It will be completed in four years period with estimated cost o
Arif Habib Securities Limited has brokered a deal between Dewan Mushtaq Group and Allied Group in which Dewan Group has taken over Allied Groups' stake in Allied Motors Limited.
The European Union (EU) has launched the second phase of Euro 41 million Asia Invest Programme (AIP), which is aimed at promoting business between Asia and Europe, especially through arranging match-making leading to joint ventures between companies in th
The European Union (EU) has launched the second phase of Euro 41 million Asia Invest Programme (AIP), which is aimed at promoting business between Asia and Europe, especially through arranging match-making leading to joint ventures between companies in th
European leaders roundly dismissed on Thursday an apparent "truce" offer by Osama bin Laden, saying the idea of negotiating with the Western world's most wanted man was absurd.
European leaders roundly dismissed on Thursday an apparent "truce" offer by Osama bin Laden, saying the idea of negotiating with the Western world's most wanted man was absurd.
Arif Habib Securities Limited has brokered a deal between Dewan Mushtaq Group and Allied Group in which Dewan Group has taken over Allied Groups' stake in Allied Motors Limited.
The Organisation of the Islamic Conference (OIC) aims to hold an emergency ministerial meeting on the Palestinian issue and Iraq on April 22, assistant secretary general Abdul Aziz Abu Ghosh said on Thursday.
The World Bank's drive to revive Iraq's weakened economy should not suffer serious delay because of the spiralling violence in the country, the head of the bank's mission to Iraq said on Thursday.
A key French labour reform came under attack on Thursday as angry jobless took to the streets over cuts to benefits for the long-term unemployed, and a court set a precedent by ordering the benefits be reinstated.
India will press ahead with its on-off economic liberalisation regardless of who wins the upcoming national elections, but the pace of reform will be dictated by the strength the winning party can muster, analysts say.
The Arab world's share of the global economy falls far short of its share of oil wealth and people mainly because it has failed to attract investment, a UN report released on Thursday said.
The United States and Britain pledged generous aid on Thursday to help reunite Cyprus in a bid to save a troubled UN peace plan which gained an unexpected boost from Greece ahead of a crucial referendum next week.
PepsiCo Inc posted a 15 percent rise in quarterly profit on Thursday on strength in some of its biggest brands such as Pepsi-Cola and Lay's potato chips, and forecast full-year earnings at the top of its expected range.
PepsiCo Inc posted a 15 percent rise in quarterly profit on Thursday on strength in some of its biggest brands such as Pepsi-Cola and Lay's potato chips, and forecast full-year earnings at the top of its expected range.
Citigroup Inc on Thursday said first-quarter profit rose 29 percent to a record high, on double-digit growth in consumer and investment banking and all other major product lines.
Citigroup Inc on Thursday said first-quarter profit rose 29 percent to a record high, on double-digit growth in consumer and investment banking and all other major product lines.
China's economy expanded 9.7 percent in the year through the first quarter as heavy investment helped to extend rapid growth that is fanning fears of economic overheating and expectations of further credit tightening.
The EU gave its blessing on Thursday to the 10 mostly ex-communist states due to enter the bloc to sell food products across the expanded region, removing fears they might be excluded from lucrative markets for failing to meet EU food safety standards.
COMEX gold fell to a near five-week low early Thursday, but then cut losses after a surprise jump in weekly jobless claims set back the dollar and provided precious metals a brief respite from fund liquidation.
COMEX copper futures held to lower levels in a narrow range Thursday morning with continued strength in the dollar applying the main pressure, traders said.
Chicago Board of Trade nearby soyabeans were sharply lower at midday Thursday after falling the 50-cent daily limit on heavy speculative sales in a setback from Wednesday's double-digit gains, traders said.
Corn futures at the Chicago Board of Trade were weaker early Thursday, led lower by the new-crop months due to a rapid planting pace of the 2004 US corn crop, traders said.
CSCE raw sugar futures settled easier Thursday on late speculative sales in a session which featured switch business, as players dumped the May contract ahead of its expiration on April 30, dealers said.
CSCE coffee futures closed marginally easier Thursday in mostly switch trade as the market seemed to take a breather after sinking earlier in the week to a three-month low, brokers said.
CSCE cocoa futures in New York settled lower Thursday on continued fund rolling ahead of first notice day as well as outright speculative selling which pressured prices throughout the day, dealers said.
Base metals generally trended lower during late Thursday trading on the London Metal Exchange (LME), with only aluminium bucking the trend to finish the open-outcry sessions higher.
Gold and silver fell in Europe on Thursday as the market groped for composure after Wednesday's slide to one month lows as the dollar surged against the euro, dealers said.
The venerable London-based merchant bank N M Rothschild is exiting the gold market after 200 years, including 80 years of chairing the twice-daily meeting that fixes the London benchmark gold price.
NYCE cotton futures settled higher on Thursday on steady speculative fund buying and the positive mood established by the weekly USDA export sales report, analysts said.
London sugar futures closed mixed on Thursday with traders talking of larger than expected deliveries of Brazilian cargoes at the expiry of the May contract.
Oil prices rose on Thursday amid the threat of fresh attacks in Saudi Arabia, the world's largest oil supplier, and worries over US gasoline supplies ahead of the peak driving season.
Sugar prices look set to rocket in the 10 mostly central and east European countries set to join the EU in two weeks' time as they adapt to the bloc's protectionist regime, a leading industry group said on Thursday.
London cocoa futures fell on Thursday on structural activity and with thin outright trade as a European quarterly grind number showed a growth in line with expectations and failed to add upward momentum, dealers said.
Malaysian crude palm oil (CPO) futures bounced back above the psychologically-important 1,900-ringgit-a-tonne level on Thursday, spurred by a surge in rival Chicago soyaoil.
Pest infestations and poor prices have restricted Indonesia's efforts to improve cocoa bean quality and expand its market, a top industry official said on Thursday.
Chicago Board of Trade rice futures closed mixed on Wednesday, with commercial buying supporting nearby contracts and active plantings pressuring deferred, traders said.
Chicago Board of Trade soyabean and soyameal futures ended sharply higher on Wednesday after late speculative buying, while soyaoil ended up after the National Oilseed Processors Association reported a drop in its members' soyaoil stocks, traders said.
CSCE raw sugar futures closed higher on Wednesday on speculative buying and switch business as players moved positions away from spot May before it expires at the end of the month, dealers said.
Russia's grain exports fell sharply in February as a consequence of the introduction of an export duty on wheat and rye and a rise in domestic barley prices, which had seriously cut barley export efficiency.
Malaysian palm oil exports are rising slowly in April defying hopes of a sharp jump as output concerns and China's demand stay below expectations, traders and shippers said.
Ukraine cut imports of palm oil sharply to 3,300 tonnes in February from 8,400 tonnes in January 2004 and 12,400 tonnes in December 2003, local analysts said on Thursday.
Shanghai copper and aluminium climbed on Thursday after a strong performance by London Metal Exchange (LME) contracts, with three-month aluminium soaring to a new 8-1/2 year high above $1,800, traders said.
Nymex crude oil futures inched lower on Thursday after the US government revealed a smaller build in crude stocks last week, compared with figures from an industry group, traders said.
Tokyo platinum futures rose sharply to a one-month high on Thursday on active technical buying ahead of the prompt contract's expiration in less than two weeks, traders said.
Comex gold and silver skidded to one-month lows on Wednesday and closed down as fears of inflation lifted the dollar and fanned speculation that US interest rates must soon rise to cool the economy.
Comex copper futures ended with steep gains in a dramatic turnaround on Wednesday that drew speculative buyers back into the market after a slew of strong US economic data implied a growing need for the metal, traders said.
US cotton sales should slow with the amount of fiber available from producers seen declining, when a government report is released on Thursday, brokers said Wednesday.
CSCE coffee futures finished higher on Wednesday as roaster and commercial buying sparked a rebound from Tuesday's fall to a three-month low, brokers said.
CSCE cocoa futures in New York ended on Wednesday with modest gains on the back of spread activity accompanied by a flurry of fund short-covering and industry buying, dealers said.
Gram sector had several changes while scattered variations were also seen elsewhere on the seed and grain wholesale markets on Thursday (April 15, 2004).
A couple of deals were finalised on the cotton market, which surprised the sellers, who are showing understanding of the manufacturers and exporters problems, sources said.
Slump conditions continued in the domestic market this week as lint prices suffered further losses ranging from Rs 100 to Rs 150 per mound (37.32 kgs) compared to last week.
Slump conditions continued in the domestic market this week as lint prices suffered further losses ranging from Rs 100 to Rs 150 per mound (37.32 kgs) compared to last week.
Wheat futures at the Chicago Board of Trade closed higher Wednesday on a technical recovery from the break Tuesday to three-week lows and on spill-over from a surge in soy, traders said.
The Karachi Port handled 93,856 tonnes of cargo including 60,710 tonnes import and 33,146 tonnes export cargo during last 24 hours ending at 0700 hours on Thursday.
Danish shipping and oil group A. P. Moeller-Maersk has bid an undisclosed amount for an Indian shipping port, the company said on Thursday, amid political resistance in India to foreign ownership of such facilities.
Singapore bunker prices for heavy fuel oil were lower on Thursday as access to the ship fuel was freed up by the decongestion of the port, traders said.
The Chinese government's latest step toward curbing the country's rapid economic growth could kill plans to build new aluminium smelters and slow down projects already under construction, industry officials and analysts said.
Indian copper firm SWIL Ltd will gradually raise output from July at their new plant, which recently started production after a six-year delay, a senior company official said on Thursday.
A senior Iranian diplomat was gunned down in Iraq on Thursday a day after Tehran sent a peace mission to help end a standoff between US forces and militant Shia cleric Moqtada Sadr.
Kenyan coffee prices mostly slipped at this week's auction but top quality beans fetched premiums as buyers stocked up on the few good qualities available, traders said on Thursday.
A senior Iranian diplomat was gunned down in Iraq on Thursday a day after Tehran sent a peace mission to help end a standoff between US forces and militant Shia cleric Moqtada Sadr.
Dr Tariq Hassan Chairman Securities and Exchange Commission of Pakistan (SECP) has said that the recommendations of the experts committee on de-mutualisation of stock exchanges will be implemented by the end of year as a part of ongoing capital market ref
Dr Tariq Hassan Chairman Securities and Exchange Commission of Pakistan (SECP) has said that the recommendations of the experts committee on de-mutualisation of stock exchanges will be implemented by the end of year as a part of ongoing capital market ref
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
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
The Federal Finance Ministry has given the final option of providing around 47 percent of the resources to provinces keeping remaining 53 percent for the centre.
The Federal Finance Ministry has given the final option of providing around 47 percent of the resources to provinces keeping remaining 53 percent for the centre.