NYCE cotton futures settled Tuesday at a 7-week low on options-related and speculative sales after the holiday weekend, with players uncertain about the market's next move in the days ahead, analysts said.
London sugar futures closed stronger on Tuesday on trade and fund buying in good volumes amid continuing concern over rain-induced delays in the cane harvest in Brazil and on improving prospects for ethanol demand, traders said.
Gold faltered towards the European close on Tuesday after rallying towards psychological resistance at $400 an ounce and hitting a high last seen in April at $398.60 on safe-haven buying.
The US oil prices surged more than two percent to push above $40 a barrel on Tuesday after a weekend attack on Saudi Arabia, which left 22 people dead but did not interrupt oil flows from the world's biggest exporter.
US oil prices surged by more than $2 a barrel to record highs on Tuesday after an attack in Saudi Arabia by Islamic militants killed 22 people, heightening fears about political instability in the world's biggest oil exporter.
US oil prices surged by more than $2 a barrel to record highs on Tuesday after an attack in Saudi Arabia by Islamic militants killed 22 people, heightening fears about political instability in the world's biggest oil exporter.
London Metal Exchange (LME) prices closed firmly on Tuesday, with aluminium near a one-month high on fund buying and supply worries, analysts and traders said.
CSCE cocoa futures settled lower Tuesday, pulling back from a near 1-month high, as prices mirrored a downside reversal in London market, as hedge and trade selling and profit-taking there pressured prices, traders said.
CSCE raw sugar futures ended Tuesday near a 10-month high on robust speculative fund buying, fears that rains in Brazil could hinder the harvest and livelier interest in the cash market, analysts said.
Soft red winter wheat futures at the Chicago Board of Trade closed sharply higher on Tuesday on concerns that heavy rains in the Midwest over the weekend harmed the US soft red winter wheat crop, traders said.
Chicago Board of Trade corn futures were locked limit-up on Tuesday, reaching the 20-cent daily trading limit through July 2005 on crop fears after weekend storms dumped more rain on the US Midwest, traders said.
Chicago Board of Trade nearby soyabean futures were locked up the 50-cent daily limit on Tuesday on speculative buying and worries about US crop damage after weekend storms, traders said.
COMEX copper futures surged at the open on Tuesday as funds tried to catch up with firmer prices in London, traders said, but copper edged off the highs after the release of several strong US economic reports that helped the dollar gain ground against the
COMEX gold rose to within a whisker of $400 an ounce Tuesday morning, as the dollar fell and attacks in Saudi Arabia and continued violence in Iraq over a three-day weekend fuelled demand for safe-havens.
Italy a young National in old land is a democratic republic and stands as a vital stone of Western History Julies Caesar, Charlemagne, and Napoleon rule there. Constantine he Great spread of Christianity throughout his Empire.
In recent years we have seen a lot of new product launches which are success stories in themselves. An ideal case in point is Bisconni. Bisconni is the biscuit division of Ismail Industries Ltd which started in April 2002 launching two new brands of biscu
Incorporated in 1988, Gadoon Textile Mills Limited (GTML) is sponsored by Yunus Brothers Group, a pre-eminent business house of Pakistan with ownership interests in diverse industries including textiles and cement. The company is listed on Karachi and Isl
Welcome to Olympia (Private) Limited, one of the largest and most well reputed indenting house for new as well as second hand textile machinery from fiber to fabric.
Italy is today the second largest producer of textile machinery in the world and the competitors themselves consider the technological level of its production of the highest standard.
It gives me immense pleasure to extend my congratulation to Business Recorder for issuing a special supplement on occasion of the National Day of Italy.
Foreign Minister Khurshid Mehmood Kasuri held talks with Foreign Affairs Secretary (Foreign Minister) of the Philippines Ms Delia Domingo Albert at the Foreign Office and exchanged views on bilateral, regional and international issues.
Senator Mushahid Hussain Sayed on Tuesday called for dialogue, consultation and co-operation instead of confrontation between the Muslim world and the West.
PML President Chaudhry Shujaat Hussain on Tuesday strongly condemned the terrorist attack and firing on renowned human rights activist Ansar Burney, on Monday night at Karachi.
Sindh High Court on Tuesday adjourned hearing of the petition filed by Muttahida Qaumi Movement (MQM) challenging withholding of May 12 by-election results of three national and one provincial seats in Karachi by Election Commission of Pakistan (ECP).
In Sydney airport's crowded international terminal, passengers make last-minute passport checks or fret over toddlers in pushchairs as they wait in the snaking queue to check in for the 23-hour flight to London.
Hundreds of Bosnian Serb and Muslim women, who viewed each other as enemies not long ago, have decided to put the past behind them for the sake of business, bringing hope for reconciliation in this war-torn country.
I have no hesitation in accepting the fact that I am not an expert on national financial matters but if the NFC problem is what I understand it to be then I have a simple solution of the same.
The ancient Syriac Orthodox monastery outside this south-eastern city is praying for a brighter future as Christians, forced out of their ancestral lands by economic hardship and an armed Kurdish insurgency, start trickling back to their villages.
The world is passing through a tumultuous period ever since the dawn of the 90s, with no signs of relenting. The suffering of the innocent multitudes, particularly my brethren in faith - the Muslims - at the hands of militants, extremists, terrorists, has
The memorandum of understanding signed between the Indian Tea Association and the Pakistan Tea Association recently, for sale of 10 million kg of black tea to Pakistani importers and packers, amply demonstrates the enthusiasm with which the visiting 11-me
The powerful bomb blast that killed about 20 Namazis in an Imambargah in Karachi on Monday, in quick succession to the preceding day's ghastly assassination of Mufti Shamzai, should leave little to doubt about the terrorists' resort to the oft tried secta
The government is reported to be inclined to make some much-needed changes in its policies concerning the ghee industry so as to create a level playing field for all involved.
A consortium of three Pakistani banks has arranged a syndicated term finance facility of Rs 347.6 million to set up a new spinning unit at Khurrianwala.
Lahore Chamber of Commerce and Industry (LCCI)'s delegation, currently on a ten-day visit to Kenya and South Africa, has arranged an exhibition of Pakistani products in the office of Pakistan High Commission in Mombassa (Kenya).
Punjab Assembly session that commenced 10:35 am, on Tuesday on a point of order of MPA Rehana Jamil offered Fateha for the persons killed in a terrorist incident in an Imambargah of Karachi recently.
The Central Board of Revenue (CBR) has appointed Haji Ahmed, a Grade-21 officer of the income tax group, as Director General, Inspection, Direct Taxes, from June 1, 2004.
University of Management and Technology (UMT) thanked the Punjab Governor, Chief Minister and Education Minister on awarding the Institute of Leadership and Management (ILM)/Institute of Management and Technology (IMT) the university status.
Lahore High Court Bar Association (LHCBA) has condemned the mass killings in Karachi, and asked the government to arrest the responsible persons and award them exemplary punishment.
The Hyderabad Chamber of Commerce and Industry (HCCI) in its budget proposals presented to the federal Commerce Ministry suggested that customs duty may be waived off from ship-breaking industry to create stability in price structure of iron and developme
Lahore High Court has allowed an interim bail to Nazim Data Ganjbaksh Town Khawaja Hassan till June 16 and issued notices to the respondents for the next date of hearing.
The main problem of poor educational standards in Pakistan is poor curriculum, and until the curriculum was restructured, the country would never produce well-educated youth.
Pakistan Soap Manufacturers' Association (PSMA) Chairman M. Yakub Karim has expressed his deep sense of sorrow and grief at the brutal killing of noted religious scholar Mufti Nizamuddin Shamzai and over 20 innocent Namazis killed in bomb blast at Imambar
Funeral prayers of the 14 victims of Imam Ali Reza Imambargah bomb blast was offered after Zohar prayers at Imam Ali Reza Mosque at M. A. Jinnah road on Tuesday.
The FTO secretariat has called for the establishment of an independent revenue judicial service to meet the requirement of the constitution which has mandated separation of judiciary from the executive.
Federation of Pakistan Chambers of Commerce and Industry President Riaz Ahmed Tata while strongly condemning the bomb blast in Ali Raza Imambargah has appealed to President General Pervez Musharraf to personally intervene as the rapidly deteriorating law
Haroon Rashid, Vice-President, Federation of Pakistan Chambers of Commerce & Industry has expressed great sorrow and grief over the most unfortunate incident of killings at Imam Bargah in Karachi on Monday.
The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
The initial hearing into the constitutional petitions questioning the disinvestment of Habib Bank Limited in favour of Aga Khan Fund for Economic Development was adjourned here on Tuesday by the Supreme Court, without fixing a new date.
A network of quality testing laboratories is being set up in public sector to improve quality of grains, check livestock diseases and products, fertiliser and agro-chemicals, residue testing and strengthening of plant and animal quarantine services.
Advisor to Sindh Chief Minister for Local Government, Wasim Akhtar said on Tuesday that he has directed his department to constitute a committee for making arrangements for undertaking testing of water supplied by the public and private hydrants and also
Sikh pilgrims are expected to arrive here from all over the world to participate in the death anniversary rites of their spiritual leader Guru Arjun Dev Jee to be observed from June 14 to 16.
The Federal Minister for Industries and Production, Liaquat Ali Jatoi has said that the next budget would be a business friendly as present government has planned maximum incentives for business sector to boost the economy.
Punjab Auqaf Department is planning to set up an education university with a view to promoting religious as well as most modern technical and scientific education.
NWFP Police Chief Muhammad Raffat Pasha has strictly directed the Peshawar-based police high-ups to further improve their intelligence network, adopt foolproof security measures and ensure peace and religious harmony at all costs.
Political and vested interests and red tape culture have delayed the establishment of Multan Cadet College which makes the needy people of southern Punjab rolling stones who by force of circumstances bear additional expenditure on providing cadet college
NWFP Chief Minister Akram Khan Durrani has said that due to the strenuous efforts of the provincial government of Muttahida Majlis-i-Amal (MMA), the federal government has agreed to increase share of the provinces in NFC Award.
The rupee on Tuesday lost five paisa in relation to dollar in the interbank market for buying and selling at Rs 57.73 and Rs 57.75, respectively, on increased demand for the greenback, dealers said.
A memorandum of understanding (MoU) has been signed between Allama Iqbal Open University and Mehran University of Engineering and Technology, Jamshoro to set up Study Centre of AIOU in the Department of Architecture, Mehran University.
The rupee on Tuesday lost five paisa in relation to dollar in the interbank market for buying and selling at Rs 57.73 and Rs 57.75, respectively, on increased demand for the greenback, dealers said.
The university institution plays a key role in providing research-oriented studies to the governments for policy making in developed and developing countries but the Bahauddin Zakariya University has allocated just Rs 57,50,000 for research and Rs 254.557
This textile spinning unit of Muridke's bottom lines has gone into the red after several years profit. This is despite the fact the company has registered increases in production, sales revenue, and export sales. At the same time the company has remained
A Memorandum of Understanding (MoU) was signed between Dawchem Industries (PVT) Limited and Government of China setting up a 60,000 tonnes per annum hydrogen peroxide (H2O2) plant, on Tuesday.
This textile spinning unit of Muridke's bottom lines has gone into the red after several years profit. This is despite the fact the company has registered increases in production, sales revenue, and export sales. At the same time the company has remained
The All Pakistan Newspapers Society (APNS) has expressed strong concern and resentment on the increased hostility of the federal information ministry towards the press which it termed as dangerous for the future of a free press and democratic dispensation
Mohammad Pervaiz Malik, MNA and PML-N leader, has urged the government to give meaningful relief to the people in the coming budget by drastically reducing the rates of utility bills and tariffs on the import of raw material used in industry and agricultu
The Goethe Institut in Karachi is starting its new programme this month with screening of seven German film from June 7 to June 24, 2004 and the eighth film of the series will be screened on July 1, 2004.
The Pakistan International Airlines has claimed that its overall system punctuality graph is climbing back to old days, and last month's figures touched 89 percent, highest since 1988.
Akbar al-Baker, Chief Executive Officer of Qatar Airway says that by the end of this year the airlines will extend its services to 15 more destinations, bringing the total to 60.