Pakistan Oilfields Ltd (POL) has announced a 3 percent jump in after-tax profit for FY04 as compared to last year, declaring a cash dividend of Rs 12.5 per share. The top-line reported a growth of 4 percent, which is lower than expectations owing to lower
Pakistan Oilfields Ltd (POL) has announced a 3 percent jump in after-tax profit for FY04 as compared to last year, declaring a cash dividend of Rs 12.5 per share. The top-line reported a growth of 4 percent, which is lower than expectations owing to lower
Pakistan Oilfields Ltd (POL) has announced a 3 percent jump in after-tax profit for FY04 as compared to last year, declaring a cash dividend of Rs 12.5 per share. The top-line reported a growth of 4 percent, which is lower than expectations owing to lower
The Pakistan State Oil (PSO) has introduced a new revolutionary gasoline known as 'Premier XL' that would outperform all others at no additional cost to customers. The supply of pre-additised 'Premier XL' gasoline across the network of stations has alread
The Pakistan State Oil (PSO) has introduced a new revolutionary gasoline known as 'Premier XL' that would outperform all others at no additional cost to customers. The supply of pre-additised 'Premier XL' gasoline across the network of stations has alread
Indian occupation troops shot dead four suspected freedom fighters in revolt-racked Indian occupied Kashmir while freedom fighters killed an occupation soldier and a civilian in separate shootings, police said on Tuesday.
After the ordeal of one day on Monday people heaved a sigh of relief on Tuesday when they knew that the VVIPs had left Karachi, permitting them to return to their normal life.
Federal Law Minister Wasi Zafar on Tuesday informed the National Assembly that President General Pervez Musharraf will complete his presidential tenure in uniform.
The Pakistan Muslim League (PML) candidate Sardar Mehmood Khan was elected on the general seat for Senate from Punjab by the provincial assembly held on the vacant seat of Prime Minister Shaukat Aziz on Tuesday.
A member of the Lahore High Court Bar Association (LHCBA) has approached the Lahore High Court (LHC) with prayer to direct the respondent government to formulate a law for restraining the marriages of young couples without will of their parents.
The commandos of Special Services Group of Pakistan Army on Tuesday displayed their splendid skills acquired to combat terrorist activities, in the present day environment.
The National Assembly on Tuesday held two sittings, the second one to make up for the Monday sitting which had failed to take up a bill the government wanted to pass reportedly during the sojourn here of an important foreign guest.
The Karachi Stock Exchange (KSE) has recomposed its index and has inducted three new companies while omitting same number of companies on criterion of market capitalisation.
Bearish trend continued on the Lahore Stock Exchange (LSE) where equities registered more losses under the lead of the petroleum sector shares on account of prevailing confusion regarding the issue of capital value tax (CVT). The LSE-25 index declined by
Grain exports from the French port of Rouen totalled 209,903 tonnes from September 1-8, comprising 201,253 tonnes of wheat and 8,650 tonnes of barley, port officials said on Tuesday.
Equities suffered across the board losses at the Islamabad Stock Exchange (ISE) bears commanded the proceedings amid decrease in index. The ISE network index showed a decrease of 82.46 points as the price-based indicator moved from 11,280.02 to 11,197.56
Average cocoa prices paid to farmers in Ivory Coast were mostly up between September 6-12, as buyers competed for weak supplies before the start of the 2004/05 season on October 1, BCC data showed on Tuesday.
Equities suffered across the board losses at the Islamabad Stock Exchange (ISE) bears commanded the proceedings amid decrease in index. The ISE network index showed a decrease of 82.46 points as the price-based indicator moved from 11,280.02 to 11,197.56
Indonesian state logistics firm Bulog has purchased palm oil products worth $37.3 million from two local firms as part of a counter-trade deal with Russia, a Bulog spokesman said on Tuesday.
The Central Board of Revenue (CBR) has announced new jurisdictions of the collectorates of customs, sales tax and central excise (adjudication) to adjudicate cases of registered taxpayers. The CBR has superseded SRO. 480(I)/2004 through an SRO. 780(I)/200
The Central Board of Revenue (CBR) has announced new jurisdictions of the collectorates of customs, sales tax and central excise (adjudication) to adjudicate cases of registered taxpayers. The CBR has superseded SRO. 480(I)/2004 through an SRO. 780(I)/200
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
The Central Board of Revenue (CBR) has announced new jurisdictions of the collectorates of customs, sales tax and central excise (adjudication) to adjudicate cases of registered taxpayers. The CBR has superseded SRO. 480(I)/2004 through an SRO. 780(I)/200
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 Karachi Port handled 59,811 tonnes of cargo including 47,832 tonnes import and 11,979 tonnes export cargo during last 24 hours ending at 0700 hours on Tuesday. The cargo comprised of 39,354 tonnes dry and 20,457 tonnes liquid cargo.
Global money managers expect President George W. Bush will win the US election in November, reversing predictions a month ago that Senator John Kerry would triumph, according to a survey released on Tuesday.
Global money managers expect President George W. Bush will win the US election in November, reversing predictions a month ago that Senator John Kerry would triumph, according to a survey released on Tuesday.
Federal Industries and Production Minister Jehangir Tareen has set up a committee headed by the Minfal secretary to lay down procedure for import of 100,000 tonnes of urea for Rabi crops by the Trading Corporation of Pakistan (TCP). The committee comprise
Federal Industries and Production Minister Jehangir Tareen has set up a committee headed by the Minfal secretary to lay down procedure for import of 100,000 tonnes of urea for Rabi crops by the Trading Corporation of Pakistan (TCP). The committee comprise
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 14, 2004).
Vivendi Universal revealed on Tuesday the full impact of selling most of its entertainment business, as impairment charges incurred from the deal were largely behind a nearly trebled first-half net loss of 1.86 billion euros ($2.28 billion.).
Wheat futures at the Chicago Board of Trade were lower early Tuesday on a profit-taking setback after the recent climb in prices that began on Friday, traders said.
NYBOT raw sugar futures settled higher Tuesday on fund and trade buying, with brokers saying the focus will be fixed firmly on players rolling positions out of the spot contract.
Cocoa futures posted solid gains on profit-taking and showing some resilience to a recent bearish trend that had knocked down benchmark prices by about 15 percent since late August, traders said. On the New York Board of Trade, the most-active December co
NYBOT coffee futures closed higher for the fifth straight session amid concerns that Hurricane Ivan may damage coffee stocks in New Orleans, traders said Tuesday.
World oil prices rose on Tuesday as Hurricane Ivan charged toward the oil-rich Gulf of Mexico, where energy companies shut down refineries and offshore oil rigs and evacuated thousands of workers.
Base metals whipsawed in Tuesday afternoon open-outcry trading on the London Metal Exchange (LME), with range-bound markets ending mixed. Traders said short-term trends remained highly uncertain, not only in metals, but also in other financial instruments
London cocoa futures ended the day higher for the first time in 11 sessions as manufacturers took advantage of prices hovering around their lowest since mid-July, traders said on Tuesday.
NYBOT cotton futures closed weaker Tuesday on speculative sales amid market talk that Hurricane Ivan may not directly hit vital US cotton growing areas this week, analysts said.
London white sugar futures closed lower on trade and possibly fund selling on Tuesday, with activity centred on spread trading ahead of the expiry of front month October on Wednesday, traders said.
Gold rose in Europe on Tuesday as investors sold the dollar after data showing a record US current account gap highlighted worries about the world's dominant economy, dealers said.
The United States plans to rejoin the International Coffee Organisation, a State Department spokeswoman said on Tuesday, a step that may help small coffee-producing nations hurt by price declines.
Prices of industrial metals could be heading into a new sustainable boom on tight supply and bullish views of economic growth despite high oil prices, analysts say.
The euro slipped against the dollar and yen on Tuesday after weaker-than-expected German investor confidence data, while the dollar was soft ahead of US data seen as key for interest rate expectations.
Sterling steadied above last week's seven-month low against the euro on Tuesday as investors took the view that recent selling on the back of weak British data had run its course for now.
Britain's top shares ended a two-day rally to close lower on rising oil prices and on weakness in mobile giant Vodafone after a bank cut its rating on the stock and sparked fresh concern over the mobile industry's growth prospects as it rolls out third-ge
Seoul shares closed fractionally lower on Tuesday, as concerns that a recent market rally may be about to run out of steam wiped out earlier gains led by chip maker Samsung Electronics and Woori Financial Group.
Crossover names, or borrowers that have fallen from investment-grade to "junk" status, topped gainers in Europe's corporate bond market on Tuesday, while auto credit tightened in a volatile session.
Crossover names, or borrowers that have fallen from investment-grade to "junk" status, topped gainers in Europe's corporate bond market on Tuesday, while auto credit tightened in a volatile session.
US stocks were slightly higher on Tuesday as technology shares were helped by a jump in Internet stocks, including Web auctioneer eBay Inc, but higher oil prices weighed on market sentiment.
Taiwan stocks stumbled in the face of tough technical resistance to end flat on Tuesday as profit-taking in industrial and banking shares stole the thunder from an early tech-led advance that extended a 3-month high.
The Republican congressman chosen by President George W. Bush to head the CIA said on Tuesday his Democratic Party critics were wrong to say he was too partisan to take the job.
The Lebanese general security has banned the world best-seller The Da Vinci Code after complaints by Christian authorities over references to the private life of Jesus Christ, bookstores said Tuesday.
India and Bangladesh began talks Tuesday on how to share waters from seven common rivers, the first of two high-level meetings this week between the neighbours whose relations have been strained in recent years.
It is unclear if Iran's nuclear ambitions are entirely peaceful, but there is still no firm evidence that Tehran is secretly developing atomic weapons as Washington asserts, the UN nuclear watchdog said on Tuesday.
Iraqi scientists will assess pollution ranging from oil spills to scrap metal from destroyed military vehicles in an effort to tackle environmental damage in the war-ravaged country, the United Nations said on Tuesday.
Western nations must put pressure on Russia to start peace talks with Chechnya to avoid more atrocities like the bloody Beslan school siege, an aide to the region's main separatist leader said on Tuesday.
Iraqi elections should go ahead as planned in January despite mounting violence unless the United Nations says it is not feasible, interim President Ghazi al-Yawar said on Tuesday.
Universities in the United States, Britain, Germany, Australia and France are by far the biggest draws for students going abroad, the OECD said in its latest report on education trends around the world.
Israel's security cabinet approved cash advances on Tuesday to entice Gaza settlers to evacuate their homes, as police investigated death threats against Prime Minister Ariel Sharon sparked by his pullout plan.
Arab League chief Amr Mussa warned on Tuesday that the "gates of hell" had been opened in Iraq, as ministers from the pan-Arab grouping gathered for a meeting set to be dominated by the war-ravaged country.
Arab foreign ministers adopted a draft resolution here on Tuesday supporting Lebanon's right to exercise its own choices, implicitly referring to the diplomatic flap over Syria's political domination of its smaller neighbour.
The Paris police force has suspended a staffer for wearing a headscarf underneath her uniform hat in the latest case pitting France's secular state against Muslim girls and women determined to cover their hair.
South Korea played down on Tuesday comments by the head of the UN nuclear watchdog expressing "serious concern" over previously unreported uranium and plutonium tests, but said it would co-operate with inspections.
Uzbekistan closed an organisation supporting press freedom for six months on Tuesday, in what the group said was a bid to stifle the few dissenting voices left in the autocratic country.
Turkey's two main parties signalled on Tuesday the government may be dropping plans for a controversial adultery ban that has outraged liberals, unnerved markets and irked the European Union that Ankara wants to join.
Hopes for a September round of six-party talks on the North Korean nuclear crisis were evaporating on Tuesday as Pyongyang hinted it was awaiting the outcome of the US presidential race.
Resources essential to tackle the humanitarian crisis in Sudan's remote western Darfur region will run dry unless international funding doubles, British-based charities said on Tuesday.
At a fairytale English castle, the prime ministers of Britain and Ireland will this week attempt to broker an unlikely marriage of convenience between the two extremes of Northern Irish politics.
Bomb scares marked the start of campaigning for Indonesia's presidential run-off on Tuesday, five days after a suicide attack on the Australian embassy, but bread-and-butter issues appeared uppermost in voters' minds.
Seven people were injured when a large section of ceiling collapsed during renovation work on Rome's Exhibition Palace for Modern and Contemporary Art, the emergency fire service said.
Tillakaratne Dilshan steered Sri Lanka to a scratchy four-wicket win over Zimbabwe in their Champions Trophy match at the Oval on Tuesday but the Africans go home with pride restored after a spirited performance.