Benchmark arabica coffee futures finished a choppy session about 3 percent weaker on Thursday, with producer selling and arbitrage activity checking a two-week bull run, traders said.
NYBOT raw sugar futures ended Thursday at a two-week high on fund and trade buying, with follow-through interest seen stoking a further advance in the sweetener this week, analysts said.
Soft red winter wheat futures at the Chicago Board of Trade were lower early on Thursday on only routine exports and on rains this week in the US Plains hard red winter (HRW) wheat region, traders said.
Chicago Board of Trade corn futures sagged on Thursday, with December setting a new contract low for the 10th straight session, on US harvest pressure and reports of excellent yields, brokers said.
Chicago Board of Trade soyabean futures sagged early Thursday as harvest pressure and talk of excellent early yields offset supportive weekly US export sales data, brokers said.
Early on Thursday, COMEX copper futures gave back much of their sharp gains in the previous session to 6-month highs, but traders said the fast technical rise gave over to profit takers, as much of the run up ran counter to short-term fundamental readings
COMEX gold rose to a 3-1/2-week high early Thursday, buoyed by a weaker dollar and inflation worries on the surge in oil prices toward recent all-time highs.
Study underway to convert Pakistan Railways (PR) into a State Corporation with full financial autonomy to facilitate the execution of development strategy with regard to the production of locos and other necessary equipment.
Pakistan on Thursday handed over the last consignment of thirty trucks to Afghanistan, as part of Pakistan's 100 million dollars assistance for the reconstruction of Afghanistan.
Jamhoori Watan Party Central Deputy Secretary General Abdul Rauf Khan Sasoli while addressing a press conference here on Thursday said the government has planned to settle at least 10 million non-Balochs in Gwadar that would turn the Baloch majority into
Solar panels perched on the roof of Tanghin Dassouri's medical clinic have lit two decades of births and deaths for the 60,000 people in this cluster of villages just outside of Ouagadougou.
In the period just after interest rate futures were listed in the US and began trading in 1975, there were concerns that futures markets in financial instruments could disrupt the underlying cash markets.
Plummeting stocks always expresses the concerns of depression, hopelessness, sadness, recession and dejection in an economy. However, in actuality this is not the case; nose-diving stocks have a tendency to remove the distortion prevailing in the existing
I would be failing in my moral duty - in case I do not record my utter sense of gratitude for your extraordinary patriotism, which does not prevent you from publishing in your respected daily, strong constructive criticisms of even our senior most politic
Chinese wholesalers have set up shop in the Moroccan port city of Casablanca, causing a wave of panic among the local traders fearful of being undercut.
"If you are showing the new Afghanistan, you cannot do it with a photo of a cemetery!" explains an exasperated worker with the media production house guiding Afghan presidential candidates into the murky world of political marketing.
Power is a complex phenomenon. Electric power system is no exception. Apprehensions are that the country might experience serious power shortages for which there could be many reasons. The main causes are limited addition in generation capacity as against
Since the US regards President General Pervez Musharraf as an important partner in its war against so-called 'Islamic terrorism', he has been receiving a lot of attention in the US media during his visit to address the UN General Assembly's annual session
The rumpus witnessed in the Senate the other day left a bad taste in the mouth and the reputation of our parliamentarians soiled. The greater onus for running the affairs of the House falls on the treasury, and particularly government ministers.
Muzaffargarh city police have seized a huge quantity of fireworks and arrested five persons on the charge of possessing explosive material, which may cause a huge destruction in the city.
The Pakistan Telecommunication Union (CBA) has announced to stage 'gherao' the PTCL headquarter in Islamabad on September 30, hold a protest meeting in the premises of PTCL building, and pressurise the administration for acceptance of their genuine demand
Federal government must pay more attention to internal situation, immediate economic rehabilitation and amelioration of financial hardships of people in the interest of national solidarity and integrity.
The manufacturers and retailers whose declared turnover in the preceding 12 months was less than Rs five million stand automatically de-registered due to amendments made in the Sales Tax Act, 1990 through Finance Act, 2004.
With a view to overcome the shortage of water, Punjab government has chalked out an irrigation management plan so as to ensure judicious use of available water.
Distributors of Liquefied Petroleum Gas (LPG) have voiced concern over increase in the prices and threatened to launch a country-wide protest, to press the authorities to take steps to reduce the prices.
Prime Minister Shaukat Aziz has been requested to be the chief guest at the 17th APNS Awards Ceremony scheduled to be held in the first week of December, according to a press release.
An accountability court on Thursday accepted appeal of Rashid Ahmed a co-accused in a reference against industrialist Seth Nisar and directed the authorities to release him if he is not required in any other case.
Nespak on Thursday presented 20 year master plan worth Rs 58.090 billion for uplift of Lahore before the District Council Lahore which would focus on improving drainage, water supply, solid waste disposal, transportation facilities, road infrastructure an
The proceedings in a petition challenging disposal of Ittefaq Foundry by the court liquidator could not be held as the learned judge did not sit in the bench.
Islamabad Capital Territory (ICT) Police has set up an Anti-Terrorist Squad (ATS) of the Elite Force at Rescue 15 to control crime ratio in the Federal Capital.
Hussain Ahmed Ozgen President Rawalpindi Chamber of Commerce and Industry (RCCI) has adjourned the 44th Annual General Meeting (AGM) of the chamber till September 30 due incomplete quorum.
Sohail Altaf Vice President and Zonal Chairman of Federation of Pakistan Chamber Of Commerce and Industry (FPCCI) has felicitated Dr Hassan Sarosh Akram for winning the election of Chairman Pakistan Poultry Association (PPA) Punjab unopposed.
British High Commissioner, Lyall Grant CMG, called on Federal Minister of Industries, Production and Special Initiatives, Jahangir Tareen on Thursday and felicitated him on his new appointment.
National anti-corruption day will be observed by Transparency International (TI) on December 9 to educate the people about rampant corruption, particularly in government departments and seek help of cross-section of population in eradicating this menace f
Prominent Urdu poet and noted news reader Syed Masood ul Hasan, more prominently known as Tabish Dehlavi passed away here on Thursday after a brief illness. He was 93.
Lucky Cement Ltd earned an operating profit of Rs 1,034 million during the year ended on 3O June, 2004, registering a growth of 165 percent over the corresponding period.
Lucky Cement Ltd earned an operating profit of Rs 1,034 million during the year ended on 3O June, 2004, registering a growth of 165 percent over the corresponding period.
Capital Development Authority (CDA) Chairman Kamran Lashari has directed the concerned directorate to undertake development of new Sector I-14 by October 15, Business Recorder reliably learnt on Wednesday.
The sixth South Asian Telecommunications Regulators' Councils (SATRC) meeting, jointly organised by Asia Pacific Telecommunity (APT) and Pakistan Telecommunication Authority (PTA) concluded here on Thursday.
Chief Justice Nazim Hussain Siddiqui has intervened in the situation arising out of the arrest and remand of Muhammad Habib-ul-Wahab-ul-Khairi, a senior advocate of the Supreme Court, and called for a report by Friday morning.
S.M.Munir, former president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and leader of the Businessmen Alliance (BMA), has urged Prime Minister Shaukat Aziz to use his good office and urge the authorities to delay implementation of
The former President Federation of Pakistan Chambers of Commerce and Industries (FPCCI) Iftikhar Ali Malik has extended unflinching support to Shaukat Aziz government hoping it would steer out Pakistan from its problems like poverty and unemployment.
Protesting against the dismissal and transfers of lower grade employees, Bank of Punjab workers union held a demonstration in front of Lahore Press Club on Thursday.
District Council Lahore (DCL) in its meeting on Thursday unanimously approved enhancement in parking fee, and passed a resolution demanding President General Pervez Musharraf to stay in uniform to ensure continuity of economic policies and accomplish war
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).
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President has nominated Babar Tajammul, Managing Director of Solar Dynamics Limited and Vice-Chairman of the FPCCI Export Processing and Free Zones Standing Committee as life member of the a
National Accountability Bureau (NAB) Chairman Lieutenant General Munir Hafeez on Wednesday admitted bureau's inability to detect and prevent economic crimes being committed by "organised gangs" on "modern and sophisticated" lines.
Since the Supreme Court of Pakistan has validated the appointments of 339 persons, who were recruited by former National Assembly speaker Syed Yousaf Raza Gilani, a subordinate court cannot declare them unlawful, and there are so many lacunas and shortcom
Prime Minister Shaukat Aziz has called upon the industrialists and businessmen to focus on establishing agro-based small and medium industries to generate economic activity, and create more jobs in the country.
Prime Minister Shaukat Aziz had a meeting with President Pakistan Muslim League Chaudhry Shujaat Hussain on Thursday in Lahore and discussed matters pertaining to overall political situation in the country and PML organisational matters.
United States Secretary of State Colin Powell on Wednesday said Pakistan was "doing everything it can" to wage war against al Qaeda, the terror groups in Afghanistan and the tribal areas.
Minister for Information and Broadcasting Sheikh Rashid Ahmed said that President Musharraf and President George W.Bush made in-depth discussion on terrorism international situation, Iraq, Afghanistan and Indo-Pak relations during their meeting. It was a
British High Commission (BHC) had increased the number of student visas for Pakistanis from 2,000 to 10,000, said Deputy High Commissioner of Britain in Pakistan, Hamesh Denial while talking with local private television channel here on Thursday.
Chairman House Committee on International Relations Congressman Henry Hyde on Wednesday described President General Pervez Musharraf as 'true hero' and thanked him profusely for Pakistan's key role in the fight against terror.
The government has submitted the feasibility studies to the Asian Development Bank (ADB) and Japanese government to seek funds for upgradation of signalling system and dualisation/rehabilitation of railway tracks.
The sea has played havoc with more than 1,286,983 acres of fertile land of six talukas of Thatta district and has converted it into saline land whereas the people rendered landless are yet to be compensated.
The District Magistrate and Deputy Commissioner Islamabad, Tariq Mehmood Pirzada under section 47 of Co-operative Housing Society Act 1925 has ordered winding up of around seven co-operative housing societies in the Federal Capital immediately, Busines
The government has informed the National Assembly on Thursday that Pay & Pension Committee would be set-up shortly as summary for this purpose has been sent to Prime Minister Shaukat Aziz.
A bull can definitely destroy a china shop, but if you need a perfect finish to your work entrust this job to Sher Afgan Khan Niazi, the worthy minister for parliamentary affairs.
The rupee-dollar parity rates turned very erratic in the interbank market on panic buying of the greenback in the absence of unusual selling by the State Bank of Pakistan (SBP), said currency experts. In the early hours, they said the dollar was available
The rupee-dollar parity rates turned very erratic in the interbank market on panic buying of the greenback in the absence of unusual selling by the State Bank of Pakistan (SBP), said currency experts. In the early hours, they said the dollar was available
The government has decided to revise the price of LPG cylinder shortly, Petroleum and Natural Resources Minister Amanullah Khan Jadoon informed the National Assembly here on Thursday.
This unit is also located in Tehsil Chunian in the Punjab province and is primarily engaged in the manufacture and sale of yarn. Its shares are quoted on the stock exchanges in Lahore and Karachi.
State Minister for Finance and Revenue, Omar Ayub Khan informed the Senate that the total budgetary expenditure in pro-poor sectors was Rs 253.976 billion in 2003-04 and Rs 208.523 billion during 2002-03.
This unit is also located in Tehsil Chunian in the Punjab province and is primarily engaged in the manufacture and sale of yarn. Its shares are quoted on the stock exchanges in Lahore and Karachi.
New Light AIDS Control Awareness Group is launching a documentary "Umeed-e-Sehar" regarding HIV/AIDS on Saturday, September 25 at National College of Arts (NCA), said a press release.
The organisation is a public limited company incorporated in Punjab province having its registered office located in Model Town Lahore. Its shares are quoted at the stock exchanges in Karachi and Lahore. It is textile composite unit located in Bhai Pheru
Lahore Custom House Agents Group President, Muhammad Amjad Chaudhry and other office bearers have congratulated the PIAF-Founder Alliance on winning the elections of Lahore Chamber of Commerce and Industry (LCCI) with a huge margin.
The organisation is a public limited company incorporated in Punjab province having its registered office located in Model Town Lahore. Its shares are quoted at the stock exchanges in Karachi and Lahore. It is textile composite unit located in Bhai Pheru
Prime Minister Shaukat Aziz visited the mazar of poet-philosopher Allama Iqbal on Thursday, where DG Rangers Major General Hussain Mehdi received him. A smartly turned out contingent of Rangers presented the guard of honour to the premier.
Pakistani-origin British investors were willing to do business with Pakistan that has shown fast economic progress in various sectors, and the country could also gain potential $1 billion investment through them.
Prime Minister Shaukat Aziz on Thursday said the government would brief the opposition on Wana situation and take them into confidence on operation in South Waziristan.
President General Pervez Musharraf on Wednesday expressed the hope that the Congressional Pakistan Caucus would help strengthen long-term and broad-based relationship between Pakistan and the United States to their mutual benefit.