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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-06-09
Musharraf visits National Defence College

Musharraf visits National Defence College

President General Pervez Musharraf visited the National Defence College (NDC) on Tuesday, where he attended a presentation of the Course Paper delivered by the participants of National Defence Course.
Published 09 Jun, 2004 12:00am
Mills not yet paid quality premium to cane growers

Mills not yet paid quality premium to cane growers

In spite of procurement of 0.3 million tons sugar by the government, the mill owners have not fulfilled their promise to make payment on account of quality premium to the growers.
Published 09 Jun, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
CCTV to be used to monitor customs officials' working

CCTV to be used to monitor customs officials' working

The Central Board of Revenue (CBR) is planning to monitor the activities of customs officials working at airports and ports using close circuit television network linked with the offices of Chairman CBR, Member Customs and Directorate General Intelligence
Published 09 Jun, 2004 12:00am
CCTV to be used to monitor customs officials' working

CCTV to be used to monitor customs officials' working

The Central Board of Revenue (CBR) is planning to monitor the activities of customs officials working at airports and ports using close circuit television network linked with the offices of Chairman CBR, Member Customs and Directorate General Intelligence
Published 09 Jun, 2004 12:00am
Banks and DFIs asked to redress customers complaints

Banks and DFIs asked to redress customers complaints

The State Bank of Pakistan (SBP) has asked the banks and development financial institutions (DFIs) to immediately identify and entrust responsibility to an appropriate senior person to deal with all sorts of complaints, either received directly by them or
Published 09 Jun, 2004 12:00am
Banks and DFIs asked to redress customers complaints

Banks and DFIs asked to redress customers complaints

The State Bank of Pakistan (SBP) has asked the banks and development financial institutions (DFIs) to immediately identify and entrust responsibility to an appropriate senior person to deal with all sorts of complaints, either received directly by them or
Published 09 Jun, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
Musharraf visits National Defence College

Musharraf visits National Defence College

President General Pervez Musharraf visited the National Defence College (NDC) on Tuesday, where he attended a presentation of the Course Paper delivered by the participants of National Defence Course.
Published 09 Jun, 2004 12:00am
23 Taleban killed in Afghanistan

23 Taleban killed in Afghanistan

US and Afghan forces backed by air strikes killed 23 militants in southern Afghanistan on Tuesday as part of a campaign aimed at ensuring security for September elections, Afghan officials said.
Published 09 Jun, 2004 12:00am
23 Taleban killed in Afghanistan

23 Taleban killed in Afghanistan

US and Afghan forces backed by air strikes killed 23 militants in southern Afghanistan on Tuesday as part of a campaign aimed at ensuring security for September elections, Afghan officials said.
Published 09 Jun, 2004 12:00am
PDIL awarded Gurguri gas plant contract

PDIL awarded Gurguri gas plant contract

The contract signing ceremony for the engineering, procurement, construction and commissioning project of the Gurguri gas plant was held in the office of Presson Descon International Ltd (PDIL).
Published 09 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 Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
Sindh Budget on June 14

Sindh Budget on June 14

Sindh Budget 2004-05 will be presented on June 14 at 2:30 pm before the Sindh Assembly, an announcement issued here on Tuesday said.
Published 09 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 Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
Microsoft appeals against EU sanctions

Microsoft appeals against EU sanctions

Microsoft Corp has appealed to EU courts against the European Commission's decision to slap it with a record fine and order changes in the way it sells its Windows software, the company said on Tuesday.
Published 09 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 Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
Nine die and 38 injured as bus falls into ravine

Nine die and 38 injured as bus falls into ravine

Nine persons were killed and 38 injured on Tuesday morning when a Rawalpindi bound bus from Kohala fell in a ravine near Dheri Kiala, while giving way to another bus on the narrow road.
Published 09 Jun, 2004 12:00am
Indian IT has gained from outsourcing backlash: firm

Indian IT has gained from outsourcing backlash: firm

The outcry in the West over outsourcing IT jobs to India has given the industry free publicity and brought a wave of inquiries from foreign clients, one of the country's biggest outsourcing firms said.
Published 09 Jun, 2004 12:00am
PSMA seeks sales tax exemption on sugar export

PSMA seeks sales tax exemption on sugar export

The Pakistan Sugar Mills Association (PSMA), Sindh zone, has proposed that the export of surplus sugar be allowed and sugar, being a food item, be exempted from sales tax as all other commodities are also not subjected to the sales tax levy.
Published 09 Jun, 2004 12:00am
Sindh Budget on June 14

Sindh Budget on June 14

Sindh Budget 2004-05 will be presented on June 14 at 2:30 pm before the Sindh Assembly, an announcement issued here on Tuesday said.
Published 09 Jun, 2004 12:00am
PSMA seeks sales tax exemption on sugar export

PSMA seeks sales tax exemption on sugar export

The Pakistan Sugar Mills Association (PSMA), Sindh zone, has proposed that the export of surplus sugar be allowed and sugar, being a food item, be exempted from sales tax as all other commodities are also not subjected to the sales tax levy.
Published 09 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 Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
KESC sell-off government's top priority transaction: Hafeez

KESC sell-off government's top priority transaction: Hafeez

The privatisation of Karachi Electric Supply Corporation (KESC) is the top priority transaction for the government and full support is being extended to all the potential bidders with a level playing field through most transparent process.
Published 09 Jun, 2004 12:00am
Venus transit of Sun delights world stargazers

Venus transit of Sun delights world stargazers

Venus made a rare transit across the face of the Sun on Tuesday, giving stargazers from Australia to the Middle East and Africa a celestial view that no living person had seen before.
Published 09 Jun, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
Venus transit of Sun delights world stargazers

Venus transit of Sun delights world stargazers

Venus made a rare transit across the face of the Sun on Tuesday, giving stargazers from Australia to the Middle East and Africa a celestial view that no living person had seen before.
Published 09 Jun, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (June 08, 2004).
Published 09 Jun, 2004 12:00am
Mills not yet paid quality premium to cane growers

Mills not yet paid quality premium to cane growers

In spite of procurement of 0.3 million tons sugar by the government, the mill owners have not fulfilled their promise to make payment on account of quality premium to the growers.
Published 09 Jun, 2004 12:00am
FedEx gets Postal Service international express business

FedEx gets Postal Service international express business

The US Postal Service said on Tuesday that FedEx Express, a unit of FedEx Corp will on July 1 take over delivery of its overseas Global Express Guaranteed packages from DHL World-wide Express.
Published 09 Jun, 2004 12:00am
London coffee ends mixed

London coffee ends mixed

London's robusta coffee market closed mixed on Tuesday in a market dominated by spread-trading activity, dealers said.
Published 09 Jun, 2004 12:00am
Chinese shares close at year's low

Chinese shares close at year's low

China's shares closed at their lowest this year on Tuesday as large-caps extended losses amid lingering weak sentiment, hit by factors such as the latest regulatory crackdown on the ailing brokerage industry.
Published 09 Jun, 2004 12:00am
Bonds slip off highs post Greenspan, but hold ground

Bonds slip off highs post Greenspan, but hold ground

European corporate bonds held their ground despite Federal Reserve Chairman Alan Greenspan's comments on inflation and a weakening in equities which have recently supported corporate bond markets.
Published 09 Jun, 2004 12:00am
Bonds slip off highs post Greenspan, but hold ground

Bonds slip off highs post Greenspan, but hold ground

European corporate bonds held their ground despite Federal Reserve Chairman Alan Greenspan's comments on inflation and a weakening in equities which have recently supported corporate bond markets.
Published 09 Jun, 2004 12:00am
Taiwan stocks extend gains

Taiwan stocks extend gains

Taiwan stocks ended higher on Tuesday, extending recent gains as US shares spurred the market, but the rally was rebuffed by technical resistance at 6,000 points as caution over the economy prevailed.
Published 09 Jun, 2004 12:00am
US Stocks: Tuesday's unofficial close

US Stocks: Tuesday's unofficial close

US stocks were flat on Tuesday as investors worried that comments from Federal Reserve chief Alan Greenspan could mean the central bank may raise interest rates more aggressively than expected.
Published 09 Jun, 2004 12:00am
Dollar idles near lows

Dollar idles near lows

The dollar hit a two-month low on the euro and hovered near a one-week trough on the yen with investors doubting whether the Federal Reserve would hike interest rates aggressively this month.
Published 09 Jun, 2004 12:00am
Pound trapped in ranges

Pound trapped in ranges

Sterling shuttled in narrow ranges against the euro and the dollar on Tuesday as investors weighed up the prospects of higher interest rates in both Britain and the United States.
Published 09 Jun, 2004 12:00am
More reasons to invade Iran than Iraq: Clarke

More reasons to invade Iran than Iraq: Clarke

It would have made more sense to invade Iran than Iraq, says a former US counter-terrorism adviser who has already accused the Bush administration of being soft on terrorism and wasting resources by attacking Iraq.
Published 09 Jun, 2004 12:00am
Nepal's premier slaps new ban on demonstrations

Nepal's premier slaps new ban on demonstrations

Nepal's prime minister, who returned to power on the back of a protest campaign, Tuesday re-imposed a ban on demonstrations in sensitive parts of the capital Kathmandu following rallies against him.
Published 09 Jun, 2004 12:00am
BBC move on armed guards sparks safety debate

BBC move on armed guards sparks safety debate

Two days after a gun attack on a BBC team in Saudi Arabia, the British broadcaster said on Tuesday it had changed policy to let armed bodyguards accompany reporters in areas of extreme danger.
Published 09 Jun, 2004 12:00am
Minister quits Sharon cabinet in Gaza pullout crisis

Minister quits Sharon cabinet in Gaza pullout crisis

A far-right minister quit Israeli Prime Minister Ariel Sharon's cabinet on Tuesday in protest against his Gaza pullout plan, weakening the ruling coalition and jeopardising its parliamentary majority.
Published 09 Jun, 2004 12:00am
Opposition shuts down Indian parliament

Opposition shuts down Indian parliament

India's Hindu nationalist opposition shut down parliament Tuesday when it staged a noisy protest demanding the new left-leaning government fire ministers facing criminal charges.
Published 09 Jun, 2004 12:00am
Sri Lankan Buddhist monks beaten in parliament brawl

Sri Lankan Buddhist monks beaten in parliament brawl

Two Buddhist monk legislators were hospitalised Tuesday after ruling party lawmakers allegedly punched them in an unprecedented brawl in Sri Lanka's parliament, officials and the victims' party said.
Published 09 Jun, 2004 12:00am
South Korea to boost defences after US troop cut

South Korea to boost defences after US troop cut

South Korea will beef up deterrence against possible aggression from communist North Korea if the United States cuts its forces stationed in the South as planned, the defence minister said on Tuesday.
Published 09 Jun, 2004 12:00am
American shot dead in Riyadh

American shot dead in Riyadh

An American was shot dead in the Saudi capital on Tuesday, a US embassy spokesman here told AFP.
Published 09 Jun, 2004 12:00am
EU 'Big 3' rebuke Iran in draft nuclear resolution

EU 'Big 3' rebuke Iran in draft nuclear resolution

France, Britain and Germany circulated a draft UN nuclear resolution on Tuesday that sharply rebukes Iran for sluggish co-operation with the UN's nuclear watchdog, the International Atomic Energy Agency (IAEA).
Published 09 Jun, 2004 12:00am
Qatari emir proclaims first written constitution

Qatari emir proclaims first written constitution

Qatari emir Sheikh Hamad bin Khalifa al-Thani promulgated Tuesday his country's first written constitution, which won unanimous backing in a national referendum one year ago.
Published 09 Jun, 2004 12:00am
US wants 'most' Iraq debt forgiven

US wants 'most' Iraq debt forgiven

The Bush administration believes most of Iraq's debt must be forgiven to ensure the country's stability but will not specify a percentage, a US official said on Tuesday.
Published 09 Jun, 2004 12:00am
Sri Lanka ready for another early election

Sri Lanka ready for another early election

Sri Lanka's minority government said Tuesday it was ready for a new election just two months after the last polls in a bid to end a political deadlock amid unprecedented violence in parliament.
Published 09 Jun, 2004 12:00am
G8 summit likely to tighten curbs on nuclear arms

G8 summit likely to tighten curbs on nuclear arms

Leaders of the industrial world meeting for their annual summit are close to agreement on a plan to stop the spread of nuclear weapons, a senior US official said on Tuesday.
Published 09 Jun, 2004 12:00am
Australia opens campaign to win Iraq support

Australia opens campaign to win Iraq support

Australia's conservative government launched a public campaign on Tuesday to win support for the US-led coalition in Iraq and stem a growing voter backlash to the war before a tight election likely within months.
Published 09 Jun, 2004 12:00am
Chimpanzee could be extinct in 50 years

Chimpanzee could be extinct in 50 years

Humanity's closest relative the chimpanzee could be extinct in around 50 years because it is hunted for meat and threatened by deforestation and disease, researchers said on Tuesday.
Published 09 Jun, 2004 12:00am
UK bank robber breaks back in to return cash

UK bank robber breaks back in to return cash

A British robber who stole 115,000 pounds ($211,300) in cash from a bank broke back in a week later to give most of it back, police said on Tuesday.
Published 09 Jun, 2004 12:00am
IRA ally Sinn Fein poised for first European seat

IRA ally Sinn Fein poised for first European seat

Sinn Fein, the political ally of the Irish Republican Army (IRA), is poised to win its first seat in the European Parliament - another staging post in its tortuous journey out of the political wilderness.
Published 09 Jun, 2004 12:00am
Freed Japanese hostage sues over Iraq troop dispatch

Freed Japanese hostage sues over Iraq troop dispatch

A Japanese man kidnapped in Iraq in April sued the government on Tuesday, saying the hostage-taking was a direct result of Japan's dispatch of troops to the Middle East country, Kyodo news agency said.
Published 09 Jun, 2004 12:00am
Madrid train attack suspect a bomb expert

Madrid train attack suspect a bomb expert

A man arrested in Italy on suspicion of playing a lead role in the Madrid train bombings was a former Egyptian army explosives expert who gave courses at al Qaeda training camps in Afghanistan, a judicial source said.
Published 09 Jun, 2004 12:00am
Hizbollah attacks Israeli posts in Shebaa Farms

Hizbollah attacks Israeli posts in Shebaa Farms

Lebanon's Hizbollah guerrillas attacked Israeli positions in the disputed Shebaa farms area on Tuesday, one day after Israeli warplanes raided a Palestinian base near Beirut.
Published 09 Jun, 2004 12:00am
Two killed in volcanic eruption in Java

Two killed in volcanic eruption in Java

Two volcanoes in Indonesia spewed rocks and ash high into the air on Tuesday, killing two tourists and forcing the evacuation of 20,000 people, officials said.
Published 09 Jun, 2004 12:00am
Reagan viewing extended

Reagan viewing extended

A steady stream of mourners passed through the night by the flag-draped coffin of former US President Ronald Reagan, a remarkable turnout that prompted officials on Tuesday to extend viewing hours.
Published 09 Jun, 2004 12:00am
New breast cancer drug saves lives

New breast cancer drug saves lives

A new class of breast cancer drug that women can take after the standard five years of tamoxifen therapy saves lives as well as preventing the return of tumours, researchers from Canada reported on Tuesday.
Published 09 Jun, 2004 12:00am
Gas leak leaves hundreds ill in Bangladesh

Gas leak leaves hundreds ill in Bangladesh

Thousands of people have fled a Bangladesh village and hundreds have been made ill by a mysterious gas that leaked from a ship being broken up for scrap, officials said on Tuesday.
Published 09 Jun, 2004 12:00am
Hong Kong dollar little changed

Hong Kong dollar little changed

The Hong Kong dollar and discounts on forwards moved in a tight range on Tuesday as the greenback provided little direction and a rally in the local stock market ran out of steam.
Published 09 Jun, 2004 12:00am
Dollar on defensive in job data aftermath

Dollar on defensive in job data aftermath

The dollar stayed near multi-month lows against European currencies on Tuesday as investors saw little evidence in recent US economic data that interest rates there could rise beyond the expected quarter point.
Published 09 Jun, 2004 12:00am
Indian rupee bounces off lows to end at one-month high

Indian rupee bounces off lows to end at one-month high

The Indian rupee rebounded from lows to end at a fresh one-month closing high on Tuesday on dollar sales from exporters amid stronger sentiment, propped up by lower crude oil prices and a weaker greenback overseas.
Published 09 Jun, 2004 12:00am
Chinese yuan notches stronger

Chinese yuan notches stronger

The yuan ended one notch stronger versus the US dollar at 8.2767 on Tuesday, near the stronger end of its managed trading range.
Published 09 Jun, 2004 12:00am
Bangladeshi taka softer ahead of budget

Bangladeshi taka softer ahead of budget

The Bangladeshi taka closed weaker on Tuesday as importers bought dollars ahead of the national budget expected on Thursday, dealers said.
Published 09 Jun, 2004 12:00am
Jakarta stocks higher

Jakarta stocks higher

Jakarta stocks finished higher on Tuesday, helped by a relatively stronger rupiah and positive trade in some key regional bourses.
Published 09 Jun, 2004 12:00am
Seoul shares end flat on profit-taking

Seoul shares end flat on profit-taking

South Korean shares ended flat on Tuesday, as lingering concerns about high oil prices and a potential economic slowdown in China sparked profit-taking after two days of robust gains.
Published 09 Jun, 2004 12:00am
Philippines stocks follow regional trend

Philippines stocks follow regional trend

Philippine stocks climbed to their highest level in a month on Tuesday, as gains in regional markets and Wall Street boosted sentiment among election-weary investors.
Published 09 Jun, 2004 12:00am
Hong Kong stocks higher

Hong Kong stocks higher

Hong Kong stocks finished slightly higher on Tuesday with a recent rally running out of steam ahead of a speech by US Federal Reserve Chairman Alan Greenspan later in the day.
Published 09 Jun, 2004 12:00am
Sri Lankan stocks fall

Sri Lankan stocks fall

Sri Lanka stocks fell on Tuesday on political worries after an argument in parliament led to fist fights and the adjournment of the house, brokers said.
Published 09 Jun, 2004 12:00am
Indian shares quietly extend gains

Indian shares quietly extend gains

Improved investor sentiment combined with steady regional markets and a beleaguered dollar lifted Indian shares on Tuesday, but cautiousness ahead of a new budget led to muted volumes.
Published 09 Jun, 2004 12:00am
Singapore's key share index up

Singapore's key share index up

Singapore's key share index finished slightly higher on Tuesday for a third straight day, as lower oil prices boosted shares like Singapore Airlines.
Published 09 Jun, 2004 12:00am
Malaysian shares lifted by US

Malaysian shares lifted by US

Malaysian shares rose a third straight day on Tuesday, led by gains in top lender Maybank, with investors inspired by gains in Wall Street and a strong finish by Japanese stocks.
Published 09 Jun, 2004 12:00am
US stocks end at month highs, oil and jobs help

US stocks end at month highs, oil and jobs help

US stocks rallied to their highest level in a month on Monday as investors fed off Friday's strong job numbers and oil prices stabilised below $40 a barrel.
Published 09 Jun, 2004 12:00am
Nikkei hits five-week high on economy cheer

Nikkei hits five-week high on economy cheer

The Nikkei average rose for a third day to hit a five-week closing high on Tuesday as investors, cheered by further signs of economic recovery in Japan, took in their stride a rise in bond yields to 3 1/2-year highs.
Published 09 Jun, 2004 12:00am
US Treasuries inch up

US Treasuries inch up

fresh economic figures, as investors prepared to absorb $25 billion in new bonds this week.
Published 09 Jun, 2004 12:00am
US Treasuries inch up

US Treasuries inch up

fresh economic figures, as investors prepared to absorb $25 billion in new bonds this week.
Published 09 Jun, 2004 12:00am
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