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Apr 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-10-26
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 26 Oct, 2004 12:00am
Hong Kong dollar benefits from broad US currency weakness

Hong Kong dollar benefits from broad US currency weakness

The Hong Kong dollar firmed on Monday as the US dollar fell against major currencies amid concerns over the health of the US economy and amid persistent speculation of a Chinese yuan revaluation, dealers said.
Published 26 Oct, 2004 12:00am
Australian dollar yanked higher by drooping USD

Australian dollar yanked higher by drooping USD

The Australian dollar scaled its highest level in six months on Monday as the US dollar weakened further across the board and local data showed rising oil prices were fuelling inflation.
Published 26 Oct, 2004 12:00am
Asian currencies rally despite high oil prices

Asian currencies rally despite high oil prices

Asian currencies rose on Monday, with the Korean won hitting a four-year high, as the region ignored high oil prices and falling stock markets to claim ground from a declining US dollar.
Published 26 Oct, 2004 12:00am
Chinese yuan notches weaker

Chinese yuan notches weaker

The yuan ended three notches weaker at 8.2768 per US dollar on Monday, still near the stronger end of its managed trading range.
Published 26 Oct, 2004 12:00am
Dollar skids to multi-month lows versus euro and yen

Dollar skids to multi-month lows versus euro and yen

The dollar tumbled to eight-month lows against the euro and six-month troughs versus the yen on Monday as worries persisted about the growing US trade deficit and the outcome of the US presidential election.
Published 26 Oct, 2004 12:00am
Tanigaki says foreign exchange moves reflect dollar weakness

Tanigaki says foreign exchange moves reflect dollar weakness

Japanese Finance Minister Sadakazu Tanigaki said on Monday that a weaker dollar rather than a stronger yen was the main trend in the foreign exchange market, but added that the authorities needed to monitor movements.
Published 26 Oct, 2004 12:00am
Indian rupee climbs to four-month closing high

Indian rupee climbs to four-month closing high

The Indian rupee jumped by 0.2 percent on Monday to its highest close in a little over four months as the dollar succumbed globally amid doubts about the US economy ahead of the presidential election.
Published 26 Oct, 2004 12:00am
Swiss franc near eight-year high against dollar

Swiss franc near eight-year high against dollar

The Swiss franc hovered below an eight-year high against the US dollar on Monday after the greenback tumbled across the board on concerns over the health of the world's biggest economy.
Published 26 Oct, 2004 12:00am
Nikkei falls to five-month closing low as oil, yen rise

Nikkei falls to five-month closing low as oil, yen rise

Japan's Nikkei share average fell 1.82 percent to a five-month closing low on Monday, as a sudden rise in the yen's value against the dollar and a fresh record high oil price hit exporters including Kyocera Corp.
Published 26 Oct, 2004 12:00am
Chinese shares drop as autos, steel slip

Chinese shares drop as autos, steel slip

China shares ended down 1.37 percent on Monday as a selling spree among auto, steel and petrochemical blue chips offset any positive impact from Beijing's allowing insurers to invest premiums in securities.
Published 26 Oct, 2004 12:00am
Seoul shares hit lowest close in eight-weeks on oil

Seoul shares hit lowest close in eight-weeks on oil

Seoul shares sank 2.4 percent to their lowest close in eight weeks on Monday, hit by concerns about the impact of record high oil prices and due to worries a surging South Korean won would dampen export competitiveness.
Published 26 Oct, 2004 12:00am
Singapore shares tumble on oil, profit worries

Singapore shares tumble on oil, profit worries

Singapore shares fell to a 4-session closing low on Monday as investors braced for blue chip earnings reports amid worries about the impact of high oil prices on corporate profits, consumer demand and economic growth.
Published 26 Oct, 2004 12:00am
Malaysian shares plunge, PECD below IPO price

Malaysian shares plunge, PECD below IPO price

Malaysian shares ended lower on Monday, snapping a two-day advance, on concerns that high oil price would slow economic growth while debutant PECD Bhd, a construction firm, closed below its IPO price.
Published 26 Oct, 2004 12:00am
Jakarta stocks weaken, oil price weighs

Jakarta stocks weaken, oil price weighs

Jakarta stocks ended down in slow trade on Monday amid a lack of fresh leads and with sentiment hurt by high global oil prices.
Published 26 Oct, 2004 12:00am
Philippines stocks decline on inflation woes

Philippines stocks decline on inflation woes

Manila shares led by telecom leader PLDT fell to a one-month low on Monday on concerns that surging crude prices and high power rates would push inflation higher, traders said.
Published 26 Oct, 2004 12:00am
Japanese government bonds jump on Nikkei losses

Japanese government bonds jump on Nikkei losses

Japanese government bond (JGB) prices shot up on Monday as a sharp rise in the yen to six-month highs against the dollar raised worries about Japan's growth prospects, sparking a sell-off in Tokyo stocks.
Published 26 Oct, 2004 12:00am
Japanese government bonds jump on Nikkei losses

Japanese government bonds jump on Nikkei losses

Japanese government bond (JGB) prices shot up on Monday as a sharp rise in the yen to six-month highs against the dollar raised worries about Japan's growth prospects, sparking a sell-off in Tokyo stocks.
Published 26 Oct, 2004 12:00am
Australian shares drop on miners, News Corp

Australian shares drop on miners, News Corp

Australian stocks fell 0.8 percent on Monday, led by mining companies BHP Billiton and Rio Tinto as a lower US dollar crimped export profits and by Rupert Murdoch's News Corp ahead of a crucial vote.
Published 26 Oct, 2004 12:00am
Germany's InTiCom to set IPO price range on October 27

Germany's InTiCom to set IPO price range on October 27

The price range for shares in InTicom is due to be set on Wednesday, bankers close to the 10 million euro ($12.6 million) stock market debut of the German telecoms supplier said on Monday.
Published 26 Oct, 2004 12:00am
EU lifts US sanctions after Bush signs tax bill

EU lifts US sanctions after Bush signs tax bill

The EU called off its sanctions on $4 billion worth of US goods on Monday after Washington repealed illegal export tax subsidies, bringing some balm to transatlantic ties wounded by a battle over Airbus and Boeing.
Published 26 Oct, 2004 12:00am
US existing home sales surge in September

US existing home sales surge in September

Sales of existing US homes surged unexpectedly in September on low mortgage rates, a trade association group said on Monday, adding that activity would have been even brisker had hurricanes not hit the south.
Published 26 Oct, 2004 12:00am
Sony launches MP3 Walkmans to counter iPod

Sony launches MP3 Walkmans to counter iPod

Sony Corp launched its first MP3-compatible flash memory digital music players under the Walkman name on Monday in the latest bid to reclaim the lead in a market it has lost to Apple Computer's iPod.
Published 26 Oct, 2004 12:00am
Rich Americans losing confidence in US economy

Rich Americans losing confidence in US economy

Wealthy Americans are becoming increasingly worried about the country's economic outlook, and their reluctance to spend and invest is hurting growth, a survey showed on Monday.
Published 26 Oct, 2004 12:00am
Mittal family to form steel giant in $17.8 billion deal

Mittal family to form steel giant in $17.8 billion deal

Lakshmi Mittal, one of the UK's wealthiest men, will merge his steel assets and buy International Steel Group Inc in a deal worth $17.8 billion to form the world's largest steel company.
Published 26 Oct, 2004 12:00am
Policymakers fear dear oil may crimp global growth

Policymakers fear dear oil may crimp global growth

With crude oil prices hitting new records, top policymakers warned on Monday that they are unlikely to tumble soon and are starting to dampen prospects for world economic growth.
Published 26 Oct, 2004 12:00am
Oil price unlikely to fall sharply soon: IMF chief

Oil price unlikely to fall sharply soon: IMF chief

Oil consuming countries must look at their energy policies because they are unlikely to see significant falls in the cost of crude soon, the head of the International Monetary Fund, Rodrigo Rato, said on Monday.
Published 26 Oct, 2004 12:00am
Siemens launches R&D centre in India

Siemens launches R&D centre in India

German engineering and electronics giant Siemens announced Monday the launch of a research and development centre in India's technology hub of Bangalore, the ninth such globally.
Published 26 Oct, 2004 12:00am
Germany trims 2005 GDP outlook

Germany trims 2005 GDP outlook

Germany's government trimmed its growth outlook on Monday, saying high oil prices had already hurt Europe's largest economy this year and could do more damage in 2005 if they remained at record levels.
Published 26 Oct, 2004 12:00am
Citigroup to shut Japanese trust bank

Citigroup to shut Japanese trust bank

Citigroup said on Monday it would shutter part of its Japanese trust business and promised sharper oversight of its remaining operations, after a scandal led to the closure of its private bank in the country.
Published 26 Oct, 2004 12:00am
Resilient Chinese economy underpins Japan outlook

Resilient Chinese economy underpins Japan outlook

A resilient Chinese economy, maintaining a nine percent annual growth rate despite the government's tightening measures, is underpinning an otherwise grim outlook for Japan's export-reliant economy.
Published 26 Oct, 2004 12:00am
Citigroup to pay record fine over hedge fund sales

Citigroup to pay record fine over hedge fund sales

The NASD on Monday said it fined Citigroup Global Markets Inc $250,000 for distributing inappropriate hedge fund sales literature, in the regulator's largest fine involving hedge fund sales by broker-dealers.
Published 26 Oct, 2004 12:00am
Citigroup to pay record fine over hedge fund sales

Citigroup to pay record fine over hedge fund sales

The NASD on Monday said it fined Citigroup Global Markets Inc $250,000 for distributing inappropriate hedge fund sales literature, in the regulator's largest fine involving hedge fund sales by broker-dealers.
Published 26 Oct, 2004 12:00am
Iraq pipeline hit, exports normal at 2 million bpd

Iraq pipeline hit, exports normal at 2 million bpd

Saboteurs blew up a section of a domestic oil pipeline in northern Iraq on Monday, but the country's exports kept flowing normally at two million barrels per day (bpd), security and oil officials said.
Published 26 Oct, 2004 12:00am
EU to clear Oracle-Peoplesoft deal on October 26

EU to clear Oracle-Peoplesoft deal on October 26

The European Commission is expected to approve on Tuesday Oracle Corp's $7.7 billion hostile bid for rival business software maker PeopleSoft Inc, an EU source said on Monday.
Published 26 Oct, 2004 12:00am
KASB Bank signs pact with Orix

KASB Bank signs pact with Orix

KASB Bank Limited and Orix Leasing Pakistan Limited signed an agreement whereby Orix will provide POS network support to the banks debit card operations.
Published 26 Oct, 2004 12:00am
KASB Bank signs pact with Orix

KASB Bank signs pact with Orix

KASB Bank Limited and Orix Leasing Pakistan Limited signed an agreement whereby Orix will provide POS network support to the banks debit card operations.
Published 26 Oct, 2004 12:00am
Mercedes to launch hybrid car within five years

Mercedes to launch hybrid car within five years

DaimlerChrysler's Mercedes-Benz division will launch hybrid cars within five years in key markets such as the United States and Japan, a top executive said in a newspaper interview.
Published 26 Oct, 2004 12:00am
Hynix Semiconductor profit jumps

Hynix Semiconductor profit jumps

South Korea's Hynix Semiconductor Inc reported on Monday its quarterly profit nearly quadrupled on robust demand for chips for personal computers.
Published 26 Oct, 2004 12:00am
Hynix Semiconductor profit jumps

Hynix Semiconductor profit jumps

South Korea's Hynix Semiconductor Inc reported on Monday its quarterly profit nearly quadrupled on robust demand for chips for personal computers.
Published 26 Oct, 2004 12:00am
Malaysian palm oil near three-week high on benign exports

Malaysian palm oil near three-week high on benign exports

Malaysian palm oil prices jumped more than 2 percent on Monday, ending at a near 3-week high, after data showing exports could be recovering after a recent slowdown, dealers said. A rise in prices of rival US soyoil also bolstered sentiment.
Published 26 Oct, 2004 12:00am
China Juicing adds soya plants at ports to survive

China Juicing adds soya plants at ports to survive

China's top domestic soya crusher, Heilongjiang Juicing Oil and Fat Co Ltd, is adding two plants as Wilma Group expands its already dominant market share amid an industry shake-up, sources said on Monday.
Published 26 Oct, 2004 12:00am
Malaysian palm exports

Malaysian palm exports

Malaysian oil palm product exports for October 1-20 stood at 1,024,771 tonnes, down 6.5 percent from the 1,096,166 tonnes shipped in September 1-25, cargo surveyor Society Generale de Surveillance said on Monday.
Published 26 Oct, 2004 12:00am
Further weakness likely for Australian wool prices

Further weakness likely for Australian wool prices

Australian wool prices are expected to fall this week as demand is affected by a rising Australian dollar and a large offering of wool for sale, analysts said on Monday.
Published 26 Oct, 2004 12:00am
Norway's Orkla to restructure chemicals unit

Norway's Orkla to restructure chemicals unit

Norwegian food-to-media group Orkla said on Monday it would restructure its chemicals division to combat a market downturn and raise profitability by about 125 million crowns ($19.22 million) by 2006.
Published 26 Oct, 2004 12:00am
Iran to buy 15,000 tonnes Brazilian soyaoil

Iran to buy 15,000 tonnes Brazilian soyaoil

The Government Trading Corporation of Iran (GTC) said on Monday it was tendering to buy 15,000 tonnes of crude degummed soyabean oil, FOB Brazil, for shipment in December.
Published 26 Oct, 2004 12:00am
US corn and soyabean, wheat sought on firm freight

US corn and soyabean, wheat sought on firm freight

East Asian grain importers are rushing to buy US soyabean, corn and milling wheat this week, anticipating further spikes in freight rates between the US Gulf and Japan, regional traders said on Monday.
Published 26 Oct, 2004 12:00am
Tokyo gold buoyant on strong oil and weak dollar

Tokyo gold buoyant on strong oil and weak dollar

Tokyo gold futures advanced on Monday, reflecting strength in the spot price given a weaker dollar, with bullish oil prices and falls in share prices also providing incentives for investors, traders said.
Published 26 Oct, 2004 12:00am
Weak dollar supports copper

Weak dollar supports copper

Metal prices firmed in Asia on Monday, with buyers attracted to copper and aluminium by a US dollar at six-month lows against the yen.
Published 26 Oct, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 76,410 tonnes of cargo including 62,234 tonnes import and 14,176 tonnes export cargo during last 24 hours ending at 0700 hours on Monday.
Published 26 Oct, 2004 12:00am
Singapore bunker fuel prices rise

Singapore bunker fuel prices rise

Singapore bunker prices rose on Monday, tracking record high fuel oil cargo values, but fell into deeper discount against cargo values.
Published 26 Oct, 2004 12:00am
Keelung port closed by typhoon

Keelung port closed by typhoon

Taiwan's second-largest port, Keelung, was closed on Monday due to high waves brought by Typhoon Nock-Ten, a port official said.
Published 26 Oct, 2004 12:00am
Suez Canal revenues up

Suez Canal revenues up

The Suez Canal earned $261.5 million in August, compared to $261.0 million in July and $218.9 million in August 2003, a Suez Canal Authority official said on Monday.
Published 26 Oct, 2004 12:00am
Germany says too early for French shipyard deal

Germany says too early for French shipyard deal

Germany believes it is too early to consider an alliance of German and French shipyards, a government spokeswoman said on Monday, hours before Economy Minister Wolfgang Clement was due to discuss industrial policy with his French counterpart.
Published 26 Oct, 2004 12:00am
India releases 1.3 million tonnes sugar for November sale

India releases 1.3 million tonnes sugar for November sale

The Indian government on Monday released 1.3 million tonnes of sugar for sale in the domestic market in November, in a move traders said was aimed at ensuring adequate supplies and keeping prices under check.
Published 26 Oct, 2004 12:00am
Britain exports 56,596 tonnes wheat

Britain exports 56,596 tonnes wheat

UK exporters shipped just 56,596 tonnes of wheat in August, nearly all of which went to other European Union member states, customs data showed on Monday.
Published 26 Oct, 2004 12:00am
South Korea's PPS to seek brown rice

South Korea's PPS to seek brown rice

South Korea's state-run Public Procurement Service (PPS) has issued tenders to buy a total of 30,000 tonnes of non-glutinous short-grain brown rice, a PPS official said on Monday.
Published 26 Oct, 2004 12:00am
US Plains HRW wheat firmer

US Plains HRW wheat firmer

Spot hard red winter wheat basis bids in the US Plains were steady to firmer on Monday, with continued slow country selling spurring more aggressive bids, merchants said.
Published 26 Oct, 2004 12:00am
China cracks down on alumina imports

China cracks down on alumina imports

Aluminium smelters in China with capacity below 100,000 tonnes a year will be banned from directly importing alumina, a circular issued by the Ministry of Commerce showed on Monday.
Published 26 Oct, 2004 12:00am
Firm prices hit gold trade in India

Firm prices hit gold trade in India

A sharp rise in gold prices has hit bullion trading in India, the world's largest consumer of the yellow metal, and is prompting consumers to sell old stocks to take advantage of the situation, traders said on Monday.
Published 26 Oct, 2004 12:00am
Musharraf for debate on Kashmir solutions

Musharraf for debate on Kashmir solutions

President Pervez Musharraf called on Monday for a national debate on ways to resolve Kashmir dispute, with options to include independence or joint control of Pakistan and India over the occupied Valley. Other options to be considered include demilitarisi
Published 26 Oct, 2004 12:00am
US Midwest corn bids weak, soyabean mixed

US Midwest corn bids weak, soyabean mixed

Cash corn bids were steady to weak in the US Midwest early on Monday and soyabean bids were mixed while river bids for both commodities plunged, dealers said.
Published 26 Oct, 2004 12:00am
Musharraf for debate on Kashmir solutions

Musharraf for debate on Kashmir solutions

President Pervez Musharraf called on Monday for a national debate on ways to resolve Kashmir dispute, with options to include independence or joint control of Pakistan and India over the occupied Valley. Other options to be considered include demilitarisi
Published 26 Oct, 2004 12:00am
UK cereal sowings almost complete, barley area down

UK cereal sowings almost complete, barley area down

UK winter cereal plantings for harvest in 2005 are complete in most areas, with little more than 10 percent of winter wheat left to go in the ground, analysts said on Monday.
Published 26 Oct, 2004 12:00am
Pakistan preparing for repeat of bird flu

Pakistan preparing for repeat of bird flu

Authorities said on Monday they were preparing for a repeat of the bird flu that led to millions of poultry being culled last year, as the pre-winter migratory season gets under way. "It is difficult to forestall the (flu) outbreak as migrating birds duri
Published 26 Oct, 2004 12:00am
Pakistan preparing for repeat of bird flu

Pakistan preparing for repeat of bird flu

Authorities said on Monday they were preparing for a repeat of the bird flu that led to millions of poultry being culled last year, as the pre-winter migratory season gets under way. "It is difficult to forestall the (flu) outbreak as migrating birds duri
Published 26 Oct, 2004 12:00am
London sugar ends lower on speculator selling

London sugar ends lower on speculator selling

London white sugar futures closed lower on speculator selling on Monday, driven down by pressure from New York's NYBOT raws market, and traders said the bearish tone could deepen further on Tuesday. December settled down $5 at $240.0 a tonne in volume of
Published 26 Oct, 2004 12:00am
France hits back over Iraq sanctions claims

France hits back over Iraq sanctions claims

Paris will deliver confidential documents to UN investigators to refute charges in a report published on a CIA Web site that French firms abused the UN's oil-for-food programme in Iraq, officials said on Monday.
Published 26 Oct, 2004 12:00am
Wheat up on grain market

Wheat up on grain market

Firmness was again witnessed on the grain market on Monday as most the items held their weekend levels amid thin business, dealers said.
Published 26 Oct, 2004 12:00am
Major economies unaffected by oil price

Major economies unaffected by oil price

The world's leading economies and financial markets have held up well despite a steady rise in oil prices this year and investors are optimistic about their long-term prospects, the OECD reported here Monday.
Published 26 Oct, 2004 12:00am
Brazilian soyabean crush falls in September

Brazilian soyabean crush falls in September

Brazil's soyabean crush fell to 2.25 million tonnes in September from 2.55 million a year ago and 2.43 million in August, Brazil's Vegetable Oils Industry Association (Abiove) said Monday.
Published 26 Oct, 2004 12:00am
Condensate oil sale purchase accord signed

Condensate oil sale purchase accord signed

The government on Monday signed condensate oil sale-purchase agreement with BHP Petroleum, partner for Zamzama gas field. Its other partners are The Government Holdings (Pvt) Limited, PKP Exploration Limited and ENI Pakistan. The Minister of State for Pet
Published 26 Oct, 2004 12:00am
Spinners active on cotton market

Spinners active on cotton market

Spinners and mills were active buyers on cotton market on Monday in face of rising trend in prices, dealers said.
Published 26 Oct, 2004 12:00am
Condensate oil sale purchase accord signed

Condensate oil sale purchase accord signed

The government on Monday signed condensate oil sale-purchase agreement with BHP Petroleum, partner for Zamzama gas field. Its other partners are The Government Holdings (Pvt) Limited, PKP Exploration Limited and ENI Pakistan. The Minister of State for Pet
Published 26 Oct, 2004 12:00am
Oil cake market rates

Oil cake market rates

December contract fluctuated while March was unmoved on the forward cottonseed oilcake market on the week's opening session on steady supply position, dealers said.
Published 26 Oct, 2004 12:00am
'Provisional' anti-dumping duty imposed on PVC resin from Korea and Iran

'Provisional' anti-dumping duty imposed on PVC resin from Korea and Iran

The National Tariff Commission (NTC) has imposed 'provisional' anti-dumping duty on imported goods from LG International Company of Korea and Iran's Petrochemical Commercial Limited (equal to the amount of dumping margin established) on dumped imports of
Published 26 Oct, 2004 12:00am
PSO's first quarter profit up by 20 percent

PSO's first quarter profit up by 20 percent

The net profit of Pakistan State Oil Ltd (PSO) for the first quarter ended September 30, 2004, recorded an increase of 20 percent as compared to same period last year because of higher sales of furnace oil and diesel. The Pakistan State Oil (PSO) Board of
Published 26 Oct, 2004 12:00am
Ukraine sunoil plant to raise capacity

Ukraine sunoil plant to raise capacity

Ukraine's Odessa vegetable oil plant will build a new crushing facility to increase its capacity by about 2,000 tonnes of sunseed per day, sunoil producers said on Monday.
Published 26 Oct, 2004 12:00am
PSO's first quarter profit up by 20 percent

PSO's first quarter profit up by 20 percent

The net profit of Pakistan State Oil Ltd (PSO) for the first quarter ended September 30, 2004, recorded an increase of 20 percent as compared to same period last year because of higher sales of furnace oil and diesel. The Pakistan State Oil (PSO) Board of
Published 26 Oct, 2004 12:00am
PSO''s first quarter profit up by 20 percent

PSO''s first quarter profit up by 20 percent

The net profit of Pakistan State Oil Ltd (PSO) for the first quarter ended September 30, 2004, recorded an increase of 20 percent as compared to same period last year because of higher sales of furnace oil and diesel. The Pakistan State Oil (PSO) Board of
Published 26 Oct, 2004 12:00am
Rs 3.8 billion drawback claims paid in July-September

Rs 3.8 billion drawback claims paid in July-September

The Central Board of Revenue (CBR) has paid Rs 3.8 billion as duty drawback to exporters during the period from July 1 to October 1, 2004, against Rs 3.6 billion paid during the corresponding period of last fiscal year, showing an increase of Rs 0.2 billi
Published 26 Oct, 2004 12:00am
Gas line project: India wants Pakistan to reciprocate

Gas line project: India wants Pakistan to reciprocate

Amid growing entente in Indo-Pak ties, Indian External Affairs Minister K Natwar Singh has asked Petroleum Minister Mani Shankar Aiyar to begin talks with his Pakistani counterpart on the proposed Iran-India gas pipeline. However, the proposal is laced wi
Published 26 Oct, 2004 12:00am
Gas line project: India wants Pakistan to reciprocate

Gas line project: India wants Pakistan to reciprocate

Amid growing entente in Indo-Pak ties, Indian External Affairs Minister K Natwar Singh has asked Petroleum Minister Mani Shankar Aiyar to begin talks with his Pakistani counterpart on the proposed Iran-India gas pipeline. However, the proposal is laced wi
Published 26 Oct, 2004 12:00am
One killed in explosive blast

One killed in explosive blast

One person was killed and two injured as the explosive material they were carrying with them in the vehicle, blasted near Jharak, 50 kilometres from here on Monday evening. According to reports, Gul Mohammad, a licensed supplier of dynamites to miners, wa
Published 26 Oct, 2004 12:00am
Major power outage hits Karachi

Major power outage hits Karachi

Major power breakdown that hit hard water supply to Karachi on Monday morning is likely to cause about 70 million gallon daily (MGD) water shortage. Karachi Electric Supply Corporation (KESC) sources said on Monday that the power breakdown took place due
Published 26 Oct, 2004 12:00am
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