US corporate bond spreads widened on Friday after a weaker-than-expected jobs report sent Treasuries off to the races, leaving other bond sectors struggling to keep pace.
US Treasuries soared on Friday as strikingly weak employment data cast doubt on the prevailing view that economic growth would rebound strongly from last quarter's slowdown.
US Treasuries soared on Friday as strikingly weak employment data cast doubt on the prevailing view that economic growth would rebound strongly from last quarter's slowdown.
Peru will auction a total of 70 million soles ($20.5 million) in sovereign domestic bonds next week to promote local capital markets and raise cash to plug the fiscal deficit, the government said on Friday.
Peru will auction a total of 70 million soles ($20.5 million) in sovereign domestic bonds next week to promote local capital markets and raise cash to plug the fiscal deficit, the government said on Friday.
The first week in August was unkind to initial public offerings, leaving behind a trail of delayed deals and word Google Inc, the year's most highly anticipated IPO, will not hold its offering as soon as expected.
Brazilian financial markets recovered some losses on Friday despite a Wall Street slump on weaker-than-expected US jobs data as a government fiscal package to stimulate Latin America's biggest economy.
Toronto stocks extended their losing streak to three days on Friday on weaker-than-expected Canadian and US jobs data that raised concerns about the economic recovery in both countries.
J.P. Morgan said on Friday it raised its asset allocation recommendation for the sovereign bonds of Brazil and Turkey to "marketweight" from "underweight" as it raised its overall position on emerging market debt to "neutral" from "underweight."
J.P. Morgan said on Friday it raised its asset allocation recommendation for the sovereign bonds of Brazil and Turkey to "marketweight" from "underweight" as it raised its overall position on emerging market debt to "neutral" from "underweight."
Friday's disappointing US jobs report added one more potential negative for US credit spreads, which are already facing not only falling stock indexes and rising equity volatility but a growing willingness from companies to take care of shareholders over
Friday's disappointing US jobs report added one more potential negative for US credit spreads, which are already facing not only falling stock indexes and rising equity volatility but a growing willingness from companies to take care of shareholders over
US stock indexes closed at their lowest levels of the year on Friday after a dismal July jobs report fuelled concerns the US economic recovery could be losing steam and crude oil hit another 21-year high.
Monitoring activities of the federal funded project "Integration of Agriculture Research and Extension" was reviewed by a high-level meeting held here on Friday.
The Sarhad Chamber of Commerce & Industry (SCCI) annual polls for year 2004-05 would further tighten the grip of Senator Ilyas Ahmad Bilour-led Businessmen Forum on the affairs of the top trade body of the NWFP.
The Council of The Institute of Chartered Accountants of Pakistan (ICAP) at its 165th meeting on July 30 and 31, 2004 has elected the following office bearers for 2004-05 with effect from September 6, 2004.
Credit cards may be catching on in Sri Lanka but the island's first experiment with plastic banknotes has failed to take off, dashing hopes of saving on printing costs.
A future doctor in the impoverished and isolated former Soviet republic of Tajikistan has just touched base with the rest of the world for the first time.
I request NWFP Chief Minister Akram Khan Durrani and the Inspector-General of Police, NWFP, to issue strict orders to the officials concerned for the arrest of assailants, who critically wounded my younger son, Asghar Khan, when they sprayed him with bull
A PIA officer accompanying, PM Shujaat's delegation, on his recent trip to Madina, was in an intoxicated state and caught by security guards, within the periphery of the Haram Sharif. This is perhaps an outcome of a culture that prevails in PIA's top mana
The Chinese have arrived in Dakar, and their shops and wholesale outlets are an increasing source of worry and anger for local traders in the Senegalese capital.
A bright blue tent city sits beside the municipal hall here, silent witness to a decades-old civil war that has plagued the Muslim half of the southern Philippines.
In the last article I had discussed the question of the age of the parties considered competent to enter into legally valid agreements. In that context I had noted that according to the contract law only those who had attained the age of majority possesse
The Secretary to the Federal Ministry of Commerce, Tasneem Noorani, addressing a meeting with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday (August 6) reportedly disclosed that a formula was under preparation to invite the
The Minister for Industries and Production, Liaquat Ali Jatoi who chaired a meeting with the representatives of fertilizer companies in the country on Tuesday (August 3) to review the overall supply and demand and price situation in the fertilizer sector,
Sama Editorial and Publishing Services (SEPS) has released its third book, This Time of Morning by the well-known Indian author Nayantara Sahgal. The book is available with Liberty Books, Paramount Books, Royal Book Company, and other leading books
Public Accounts Committee on Saturday directed the Ministry of Petroleum to conduct an inquiry into the loss of Rs 24.44 million sustained by Sui Southern Gas Pipelines Company in the import of compressors during 2000-01.
"The manpower of any organisation is its backbone and it is imperative to properly motivate them through encouragement, and take good care of their well being so that they can whole-heartedly participate in the development of the organisation and the coun
Minister in charge for Science and Technology and Chairman Higher Education Commission, Dr Attaur Rahman launched PERN-Pakistan Educational Research Network-which would be of immense benefit for researchers, PhDs and students.
Rice Exporters Association of Pakistan (Reap) chairman Anwar Mian Noor has urged the government to establish rice city in the country to boost rice trade and its export.
Prime Minister of Azad Jammu Kashmir Sardar Sikandar Hayat Khan has assured the journalist community that he will hold an inquiry into the contempt notice sent to Khawar Nawaz Raja, Chief Editor, Weekly Nawa-i-Hurriyat.
The Prime Minister of China will soon pay a visit to Pakistan. This was stated by Senate Chairman Mohammedmian Soomro on his return here after an eight-day visit to China.
The Rawalpindi Board of Intermediate and Secondary Education (RBISE) has announced the results for the Intermediate Part I and II examinations, 2004, in which 18,868 passed the Intermediate Part-I out of 37,755 with the average of 49.99 percent, while 20,
Some 607 Pakistanis arrested in Oman (Muscat) few months earlier for illegal entry and employment, returned home on Saturday after their release by Omanese authorities.
Chairman Joint Chief of Staff Committee General Muhammad Aziz Khan, who is at present on a visit to Turkmenistan, called on President Saparmurat Niyazov Ataevich.
Heart specialists on Saturday said that coronary (heart) disease was a major killer of the 20th century and it would continue to remain so if immediate preventive measures are not adopted by health care service providers.
It was ironic to see the exclusion of the Kashmir issue from the on-going Indo-Pak composite dialogue and it seemed that the talks were based on the Indian agenda.
Sindh Government on Saturday announced that the ban on catching three kinds of shrimps named Kalari, Juira and Kiddi has been withdrawn from August 7 under section -25 of Sindh fisheries ordinance 1980.
One division bench and five single benches will work at the Lahore High Court (LHC) during the next week of summer vacation of LHC starting from Monday, August 9.
The office of the Lahore High Court (LHC) returned back a petition filed by a PML-N worker Malik Gulzar Ahmed, praying to the court to direct the respondent government not to interfere in the fundamental right of former Chief Minister Punjab and PML-N Pre
Pakistan Cricket Board (PCB) has announced 14-member Pakistan cricket team for the Tri-nation cricket tournament to be played in Holland and ICC Champions Trophy in UK.
General Manager Pakistan Railways (PR) Aurangzeb Khan, while congratulating the newly elected office-bearers of Pakistan Railway Credit Society, has advised them to work devotedly for the betterment and development of the society.
Punjab Chief Minister Chaudhry Pervaiz Elahi has averred that crop insurance scheme would revolutionise the agriculture economy, in which the Bank of Punjab would play an active role up to the union council level.
Auto Parts Exporters Association (APEA) has welcomed nomination of Mian Misbah-ur-Rehman as candidate of Piaf-Founders Alliance for the office of President Lahore Chamber of Commerce and Industry (LCCI) and described it as a wise decision in the best inte
The Experts Advisory Cell (EAC) of the Ministry of Industries and Production is organising a seminar on "WTO agreements and quality management" on August 26 in collaboration with the Institute of Bankers, here.
The Towel Manufacturers Association (TMA) has accused the Central Board of Revenue (CBR) of meeting revenue targets by reducing duty drawback admissible on the exports.
The 30th annual convention of Institution of Electrical and Electronics Engineers Pakistan (IEEEP) will be held at Wapda auditorium here on Monday, August 9.
The sowing of cotton crop has been completed over an area of 3.247 million hectares for 2004-05, surpassing the set target of by 6.3 percent against the last year's area achievement of 3.946 million hectares.
Punjab government would upgrade all the Tehsil Headquarters Hospitals (THQs) of the province, whereas the THQs of Depalpur, Arifwala, Rajanpur and Jampur have already been upgraded with a cost of Rs 160 million.
The president of Zarai Taraqiati Bank Limited (ZTBL), Istaqbal Mehdi, has directed its field functionaries in Sindh to ensure that the benefits of recently announced agri relief package reach maximum number of small farmers.
The Executive Committee of the Rawalpindi Chamber of Commerce and Industry (RCCI) had turned down the request made by the some members for extension date of filling the income tax returns to the chamber saying that such members would not be eligible to ca
Emergency declared by the provincial government following the meteorological forecast of heavy rains during next few days in coastal districts of Sindh including Hyderabad has created trepidation amongst the people.
Japan International Co-operation Agency (Jica) has completed first phase of industrial up-gradation programme initiated last month in collaboration with Smeda.
The Alliance for Restoration of Democracy will shortly dispatch a delegation to interact with the nationalist leaders, seeking political solution to the crisis in Balochistan.
Inter-Services Public Relations, (ISPR) Director-General Major General Shaukat Sultan has said the CNN report on the presence of al Qaeda training camps at Pakistan's soil is totally baseless.
Prime Minister, Chaudhry Shujaat Hussain on Saturday said that any decision on sending troops to Iraq will be reached in consultation with Islamic countries and after taking the nation into confidence.
At least 25 armed men hijacked a van near Barkhan and later they kidnapped two soldiers of Frontier Corps and a police constable. They took them to their hideouts somewhere in mountainous range.
Convenor Jammu and Kashmir People's Movement (J&KPM) and All Parties Hurriyat Conference leader Abdul Majid Malik said that the people of Kashmir were determined to continue their principled struggle till they got the right to self-determination.
Board of Intermediate & Secondary Education (BISE) Multan has declared the result of FA, FSc 2004 showing pass percentage of 57.03 and all the top positions were annexed by the girls.
The US Deputy Secretary of State has said the United States is "delighted with the co-operation of Pakistan, which has allowed the administration to get a lot of information on a possible attack."
Sindh Governor Dr Ishratul Ibad, a Dow Graduate and the first Chancellor of Dow University of Health Sciences (DUHS) here on Saturday while announcing that the government would continue to strongly deal with terrorists also sought maximum co-operation of
The Bahauddin Zakariya University (BZU), Multan, for the first time has planned to play its role in saving the orchards of Southern Punjab for different diseases, and initiated research work with an initial amount of Rs 3.3 million.
The activists of Jamiaat Tulba Arabia (JTA) staged demonstration against the crackdown on religious seminaries all over the country, and the demonstrators widely condemned government actions and policy.
Non Bailable Warrants of arrests were issued against nine absconding accused in Corps Commander convoy attack case by Feroz Mehmood Bhatti, Judge of Anti Terrorism Courts for Karachi division on Saturday.
Absence of the chief guest and chairman at the concluding session of a seminar held here on Saturday on "Coal and its utilisation" gave discouraging message to organisers and participants.
Tehrik-e-Insaf Chief Imran Khan reacted sceptically on Saturday to Islamabad's apparent crackdown on al Qaeda, saying the government was desperate for the support of the United States.
Finance Minister and Prime Minister-designate Shaukat Aziz on Saturday reiterated his resolve to make Pakistan economically strong and an Islamic welfare state.
Senator Muhammad Ali Durrani had a narrow escape in a road accident here on Saturday when a speeding passenger van collided with his car near Golra Mor.
A major hazard on roads in the city after Saturday's rains are the road diggings for various works carried out in recent days and which were filled in with a haphazard manner by contractors with little stone pitching or asphalt.
The public sector universities proposed to introduce four-year BA/BSc degree courses on the pattern of foreign universities from the next academic session.
The hearing of a case against doctor brothers, Dr Arshad Waheed and Dr Akmal Waheed, was put off till August 18 by Feroz Mehmood Bhatti, Judge, Anti Terrorism Court (ATC-II) for Karachi division on Saturday.
A bomb killed one person and injured at least 50 others when it exploded on Saturday in the parking lot of a Bangladesh hotel where Sylhet city's opposition-backed mayor had just held a meeting, witnesses and doctors said.
A bomb killed one person and injured at least 50 others when it exploded on Saturday in the parking lot of a Bangladesh hotel where Sylhet city's opposition-backed mayor had just held a meeting, witnesses and doctors said.
Two US soldiers and their Afghan interpreter were killed on Saturday when the vehicle they were travelling in struck an "improvised explosive device" in south Afghanistan, a statement issued by the US-led military said.
Two US soldiers and their Afghan interpreter were killed on Saturday when the vehicle they were travelling in struck an "improvised explosive device" in south Afghanistan, a statement issued by the US-led military said.
Ambassador Ashraf Jahangir Qazi formally handed over charge of the office of Pakistan Ambassador to the United States, and is scheduled to leave here for New York on Saturday evening to take up the charge of his new assignment with the United Nations as s
Ambassador Ashraf Jahangir Qazi formally handed over charge of the office of Pakistan Ambassador to the United States, and is scheduled to leave here for New York on Saturday evening to take up the charge of his new assignment with the United Nations as s
The United Nations offered its help on Saturday to try to stop some of the worst fighting seen in Iraq in about four months between Shia militiamen and coalition forces.
A senior al Qaeda operative who knew Osama bin Laden and was linked to assassination attempts on President Pervez Musharraf has been arrested in Dubai and handed over to Islamabad, intelligence sources said on Saturday.