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Print - 2004-06-06
Cable operators warned of action for poor services

Cable operators warned of action for poor services

The council of complaint of Pakistan Electronics Media Regulatory Authority (Pemra) at a meeting in Karachi on Saturday expressed its concern on the increase of subscribers' complaints against the poor service provided by cable operators.
Published 06 Jun, 2004 12:00am
Anti-war protest held in Washington

Anti-war protest held in Washington

Hundreds of demonstrators gathered peacefully in heavy rain in a park across from the White House on Saturday to protest the war in Iraq and the presence of US and French troops in Haiti.
Published 06 Jun, 2004 12:00am
'Delhi holds Pakistani leadership in highest esteem'

'Delhi holds Pakistani leadership in highest esteem'

Expressing that India holds leadership of Pakistan in the highest esteem, New Delhi on Saturday said that the remarks attributed to External Affairs Minister K Natwar Singh regarding President Musharraf in an interview were taken out of context completely
Published 06 Jun, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
'Delhi holds Pakistani leadership in highest esteem'

'Delhi holds Pakistani leadership in highest esteem'

Expressing that India holds leadership of Pakistan in the highest esteem, New Delhi on Saturday said that the remarks attributed to External Affairs Minister K Natwar Singh regarding President Musharraf in an interview were taken out of context completely
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 2004 12:00am
Provinces to get Rs 28 billion more from divisible pool

Provinces to get Rs 28 billion more from divisible pool

The share of provinces in the federal divisible pool in the upcoming budget would be Rs 204 billion against Rs 176.36 billion for 2003-04, showing an increase of about Rs 28 billion or 15 percent over the previous year.
Published 06 Jun, 2004 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
Provinces to get Rs 28 billion more from divisible pool

Provinces to get Rs 28 billion more from divisible pool

The share of provinces in the federal divisible pool in the upcoming budget would be Rs 204 billion against Rs 176.36 billion for 2003-04, showing an increase of about Rs 28 billion or 15 percent over the previous year.
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 2004 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
THE RUPEE: 5 paisa gain versus dollar in open market

THE RUPEE: 5 paisa gain versus dollar in open market

Modest recovery was seen in the open market at the week-end as the rupee picked up five paisa versus dollar for buying and selling at Rs 58.30 and Rs 58.40, respectively, dealers said.
Published 06 Jun, 2004 12:00am
THE RUPEE: 5 paisa gain versus dollar in open market

THE RUPEE: 5 paisa gain versus dollar in open market

Modest recovery was seen in the open market at the week-end as the rupee picked up five paisa versus dollar for buying and selling at Rs 58.30 and Rs 58.40, respectively, dealers said.
Published 06 Jun, 2004 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month (May 04 to 31, 2004).
Published 06 Jun, 2004 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (June 05, 2004).
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 05, 2004).
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (June 05, 2004).
Published 06 Jun, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (June 05, 2004).
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 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 (June 05, 2004).
Published 06 Jun, 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 06 Jun, 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 06 Jun, 2004 12:00am
Israeli cabinet to vote on Gaza pullout on June 6

Israeli cabinet to vote on Gaza pullout on June 6

An Israeli cabinet member trying to save Prime Minister Ariel Sharon's government from collapse said on Saturday she still hoped to reach a last-minute compromise with dissident ministers over his Gaza pullout plan.
Published 06 Jun, 2004 12:00am
Saudi police and militants exchange fire

Saudi police and militants exchange fire

Saudi police and suspected Muslim militants exchanged fire on Saturday in the Red Sea city of Jeddah and the gunmen were still on the run after an hours-long pursuit, security sources said.
Published 06 Jun, 2004 12:00am
Cheney interviewed by prosecutors over Plame case

Cheney interviewed by prosecutors over Plame case

US Vice President Richard Cheney has been interviewed by federal prosecutors who asked whether he knew of anyone at the White House who had improperly disclosed the identity of an undercover CIA officer, The New York Times reported Saturday.
Published 06 Jun, 2004 12:00am
Two Koreas agree to open cross-border roads

Two Koreas agree to open cross-border roads

South and North Korean officials announced Saturday that they had reached an agreement to open cross-border roads and make test runs on two railways across their heavily fortified frontier in coming months.
Published 06 Jun, 2004 12:00am
War veterans commemorate D-Day in France

War veterans commemorate D-Day in France

Thousands of World War Two veterans commemorated the 60th anniversary of the Allied D-Day landings in Normandy on Saturday amid one of the biggest security operations staged on French soil.
Published 06 Jun, 2004 12:00am
Iraq on path to democracy, says Bush

Iraq on path to democracy, says Bush

US President George W. Bush said on Saturday Iraq was on a path to democracy and could be a regional force for change, as he pushed a Middle East reform plan that will figure at a Group of Eight summit next week.
Published 06 Jun, 2004 12:00am
UN wants fish havens as world marks Green Day

UN wants fish havens as world marks Green Day

The United Nations urged the creation of ocean parks to protect depleted fish stocks on Saturday as activists marked World Environment Day by freeing turtles, planting trees and decrying global warming.
Published 06 Jun, 2004 12:00am
Serb teenager shot dead in Kosovo

Serb teenager shot dead in Kosovo

A Serb teenager was shot dead in Kosovo on Saturday and police quickly arrested two Albanians suspected of trying to ignite another round of ethnic violence in the United Nations-run province.
Published 06 Jun, 2004 12:00am
Iraq prison abuse 'lesson' for Muslims: Malaysian premier

Iraq prison abuse 'lesson' for Muslims: Malaysian premier

Horrifying images of Iraqi prisoners of war should serve as a lesson to Muslims not to resort to extremism rather than stoke anger against the United States, Malaysian leader Abdullah Badawi said on Saturday.
Published 06 Jun, 2004 12:00am
Russia wants more work on UN resolution on Iraq

Russia wants more work on UN resolution on Iraq

Russia, a major opponent of the US-led invasion of Iraq, said on Saturday more work was needed by UN Security Council members to win approval for a revised resolution on Iraq's future.
Published 06 Jun, 2004 12:00am
Brother of 'informant' on Saddam's sons shot dead

Brother of 'informant' on Saddam's sons shot dead

Gunmen killed the brother of a man widely regarded as having revealed the location of Saddam Hussein's sons to US troops in an attack on his car on Saturday, police said.
Published 06 Jun, 2004 12:00am
17 job seeker Iraqis hurt in grenade attack

17 job seeker Iraqis hurt in grenade attack

Guerrillas fired rocket-propelled grenades at Iraqis queuing up outside an army recruitment centre in the northern city of Mosul on Saturday, wounding 17 people in the second such attack in a month.
Published 06 Jun, 2004 12:00am
Fomer US president Reagan dies

Fomer US president Reagan dies

Former US President Ronald Reagan, who forged a conservative revolution that transformed American politics, died on Saturday after a decade-long battle with Alzheimer's disease, sources close to the Reagan family said. He was 93.
Published 06 Jun, 2004 12:00am
Fomer US president Reagan dies

Fomer US president Reagan dies

Former US President Ronald Reagan, who forged a conservative revolution that transformed American politics, died on Saturday after a decade-long battle with Alzheimer's disease, sources close to the Reagan family said. He was 93.
Published 06 Jun, 2004 12:00am
Unofficial tally shows Arroyo wins poll

Unofficial tally shows Arroyo wins poll

A Philippine election watchdog said on Saturday its unofficial count showed President Gloria Macapagal Arroyo had won a fresh term by narrowly beating film star Fernando Poe Jr with 39 percent of the votes to his 37 percent.
Published 06 Jun, 2004 12:00am
Three Kuwaitis gets jail over US marine killing

Three Kuwaitis gets jail over US marine killing

Kuwait's criminal court Saturday sentenced two Kuwaitis to five years in prison and a third to four years for their links to the killing of an American marine in October 2002.
Published 06 Jun, 2004 12:00am
Rumsfeld urges Asia for more anti-terror steps

Rumsfeld urges Asia for more anti-terror steps

US Defence Secretary Donald Rumsfeld pressed Asia on Saturday to become more engaged in the war on terror, pledging closer security ties and military support from Washington.
Published 06 Jun, 2004 12:00am
Singapore Air to order for 50 new aircrafts

Singapore Air to order for 50 new aircrafts

Singapore Airlines Ltd, the world's second-largest airline by market value, said on Saturday it planned to place orders for about 50 new aircraft.
Published 06 Jun, 2004 12:00am
L&T to bid for Delhi and Mumbai airports

L&T to bid for Delhi and Mumbai airports

India's biggest engineering and construction company, Larsen & Toubro Ltd, will be a part of two corporate groups that plan to bid for the privatisation of two of the country's biggest airports, an official said on Saturday.
Published 06 Jun, 2004 12:00am
US to push for charges against Titan

US to push for charges against Titan

Titan Corp on Friday said US regulators' staff planned to recommend civil action against the technology services provider in connection with a probe over whether its consultants or subsidiaries bribed foreign officials.
Published 06 Jun, 2004 12:00am
India wins EU deal to launch satellite

India wins EU deal to launch satellite

India's space agency has won a 10-million-dollar contract to launch its first satellite for the European Union, the space chief said Saturday.
Published 06 Jun, 2004 12:00am
German unemployment falls, consumers gloomy

German unemployment falls, consumers gloomy

German unadjusted unemployment fell in May to around 4.307 million from 4.443 million in April but consumers are still deeply pessimistic about the economy, newspapers reported on Saturday.
Published 06 Jun, 2004 12:00am
Japan passes pension bill despite opposition battle

Japan passes pension bill despite opposition battle

Japan's parliament passed a contentious pension reform bill on Saturday despite a struggle by the main opposition party to kill it, a play for support a month before elections in which pension policy will be a hot topic.
Published 06 Jun, 2004 12:00am
United Airlines sees delay in profit

United Airlines sees delay in profit

UAL Corp's bankrupt carrier United Airlines said on Saturday it expects higher oil prices to delay its return to profitability at an operating level until next year.
Published 06 Jun, 2004 12:00am
United Airlines sees delay in profit

United Airlines sees delay in profit

UAL Corp's bankrupt carrier United Airlines said on Saturday it expects higher oil prices to delay its return to profitability at an operating level until next year.
Published 06 Jun, 2004 12:00am
Malaysia has $13 billion in development kitty: minister

Malaysia has $13 billion in development kitty: minister

Malaysia has almost 50 billion ringgit ($13 billion) for infrastructure and other development until 2005 and its finances are "comfortable", a government official was quoted as saying on Saturday.
Published 06 Jun, 2004 12:00am
Lufthansa to hike long-haul prices

Lufthansa to hike long-haul prices

German airline Lufthansa, under pressure from competitors to impose ticket surcharges due to soaring oil prices, said on Saturday it would hike long-haul flight prices by three percent from July 1.
Published 06 Jun, 2004 12:00am
MGM Mirage makes $4.85 billion bid for Mandalay Resort

MGM Mirage makes $4.85 billion bid for Mandalay Resort

Casino operator MGM Mirage on Friday launched a $4.85 billion unsolicited bid to buy rival Mandalay Resort Group and create the largest gambling company in the United States owning about a third of the Las Vegas Strip.
Published 06 Jun, 2004 12:00am
MGM Mirage makes $4.85 billion bid for Mandalay Resort

MGM Mirage makes $4.85 billion bid for Mandalay Resort

Casino operator MGM Mirage on Friday launched a $4.85 billion unsolicited bid to buy rival Mandalay Resort Group and create the largest gambling company in the United States owning about a third of the Las Vegas Strip.
Published 06 Jun, 2004 12:00am
Ferrari looks to China for new growth momentum

Ferrari looks to China for new growth momentum

Italian car maker Fiat's ultra-luxury unit Ferrari Maserati on Saturday opened its first showroom in China, where it expects 2004 sales to double to some 200 units, about five percent of total capacity.
Published 06 Jun, 2004 12:00am
ADB gives aid to Bangladesh

ADB gives aid to Bangladesh

The Asian Development Bank said Saturday it was giving a 420,000-dollar technical assistance grant to Bangladesh to help its female garment workers who lose jobs when textile export quota curbs end.
Published 06 Jun, 2004 12:00am
Nigerian GSM firm changes name

Nigerian GSM firm changes name

Nigeria's number two cellular network said on Saturday it would trade as Vmobile after a brief partnership with Africa's leading operator crashed this week.
Published 06 Jun, 2004 12:00am
Nigerian GSM firm changes name

Nigerian GSM firm changes name

Nigeria's number two cellular network said on Saturday it would trade as Vmobile after a brief partnership with Africa's leading operator crashed this week.
Published 06 Jun, 2004 12:00am
Kazakhs ready to discuss taxes with oil majors

Kazakhs ready to discuss taxes with oil majors

Kazakhstan will balance the interests of foreign investors and the state as it tries to maximise benefits from its natural resources, President Nursultan Nazarbayev said late on Friday.
Published 06 Jun, 2004 12:00am
Cuban sugar crop up

Cuban sugar crop up

Cuba said on Friday the 2003/2004-sugar crop weighed in at 2.52 million tonnes of raw sugar and was more efficient than last year's disastrous harvest, which followed a radical downsizing of the industry.
Published 06 Jun, 2004 12:00am
Malaysian tin down

Malaysian tin down

Malaysian tin fell $20 a tonne on Friday, extending a correction from Thursday, despite a bounce in the London price, dealers said.
Published 06 Jun, 2004 12:00am
Rains may boost Australian wheat crop

Rains may boost Australian wheat crop

Recent rains in Australia may boost the next wheat crop, which is already half planted, to a record of around 25 million tonnes, rural brokers said on Friday.
Published 06 Jun, 2004 12:00am
China cotton: inquiries slow on likely bumper crop

China cotton: inquiries slow on likely bumper crop

China, the world's top cotton consumer, is unlikely to seal big orders on global markets in coming months as users turn to cheaper domestic sources, industry sources said on Friday.
Published 06 Jun, 2004 12:00am
US cotton export sales highlights

US cotton export sales highlights

USDA cotton export sales highlights for latest reporting week. Net Upland sales of 149,400 RB were 38 percent above the previous week and one-third over the prior 4-week average.
Published 06 Jun, 2004 12:00am
CSCE sugar firmer

CSCE sugar firmer

CSCE raw sugar futures finished firmer on Friday on a steady drumbeat of speculative fund buying, with operators saying the market could possibly grind higher next week.
Published 06 Jun, 2004 12:00am
Comex copper trims loss at close

Comex copper trims loss at close

Comex copper ended lower on Friday, hit by fears that higher interest rates would slow metal demand, but prices climbed off the lows once analysts surmised that a rate increase would probably be small and its impact minimal, traders said.
Published 06 Jun, 2004 12:00am
Soyabean end up; US weather and USDA data eyed

Soyabean end up; US weather and USDA data eyed

Chicago Board of Trade soyabean ended sharply higher on Friday on short-covering after on Thursday's near-limit losses and on expectations the USDA would cut its South American Soya crop estimate next on Friday, traders said.
Published 06 Jun, 2004 12:00am
CBOT rice lower

CBOT rice lower

Chicago Board of Trade rough rice futures settled lower on Friday after speculative selling again outweighed scale-down commercial buying, brokers said.
Published 06 Jun, 2004 12:00am
Mauritius sugar production seen higher

Mauritius sugar production seen higher

Mauritius sugar production is expected to rise to about 590,000 tonnes in 2004 from 537,155 tonnes the previous year, the Mauritius Chamber of Agriculture said in its annual forecast on Friday.
Published 06 Jun, 2004 12:00am
South Korea agrees to give rice aid to North

South Korea agrees to give rice aid to North

North and South Korea wrapped up four days of economic talks in Pyongyang on Saturday, agreeing on rice aid for the communist North, restoring railway and road links and opening an industrial park in the North.
Published 06 Jun, 2004 12:00am
Oil cake market rates

Oil cake market rates

The July vaida opened 40 paisa down at Rs 482.80 and highest of day's trading was seen at Rs 483.30. Later in depressed trading it lost 80 paisa to be the lowest at Rs 482.50 and closing was seen at Rs 482.80.
Published 06 Jun, 2004 12:00am
First new cotton crop deal finalised for August delivery

First new cotton crop deal finalised for August delivery

First deal of 2004-05 crop was finalised on the cotton market on Saturday along with some deals of current crop, relevant sources said. They said spot sale shed Rs 25 to Rs 3075 without ST and upcountry expenses.
Published 06 Jun, 2004 12:00am
Costa Rica coffee exports fall

Costa Rica coffee exports fall

Costa Rica coffee exports fell 7.4 percent in May, to 277,886 46-kg bags from 300,090 bags a year earlier, the Costa Rican Coffee Institute said on Friday.
Published 06 Jun, 2004 12:00am