Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Saturday (October 30, 2004).
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
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
Taiwan's Evergreen Marine Corp, the world's third largest shipping line, posted a 167 percent jump in third quarter profit on Friday as freight rates stay high on strong exports from Asia, especially China.
Taiwan's Evergreen Marine Corp, the world's third largest shipping line, posted a 167 percent jump in third quarter profit on Friday as freight rates stay high on strong exports from Asia, especially China.
Panamax dry bulk rates strengthened on Tuesday, and shipping sources said the market was likely to remain firm for the rest of the year due to China's return to the market and seasonal factors.
The Brazilian port of Santos, Latin America's largest port, moved 6.1 million tonnes of cargo in September, up 13 percent from the same month last year, with sugar, ethanol and diesel oil exports leading the way, the Port Authority said on Thursday.
The Karachi Port handled 95,672 tonnes of cargo including 69,496 tonnes import and 26,176 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday.
Parmalat's administrator has handed prosecutors probing the food group's insolvency new evidence aimed at proving certain foreign banks played a key role in its near collapse, judicial sources said on Saturday.
General Motors, the world's top auto maker, expects China's car market to recover from a recent slowdown by mid-2005, Chief Executive Rick Wagoner said on Saturday.
Companies in India's high-tech city of Bangalore are lapping up commercial space with the country's only joint venture IT park almost fully occupied, an official said Saturday.
Hollinger International Inc amended its fraud complaint against former Chief Executive Conrad Black and others on Friday, adding former Pentagon adviser Richard Perle to a list of executives and directors the publisher accuses of stealing from the company
The US dollar accelerated its broad decline in October, hinting at a slight boost in fourth-quarter financial results for American companies doing business overseas.
Governments around the world are helping sustain rapid oil demand growth by subsidising fuel or keeping duties low, limiting bills for consumers to avoid a public backlash over record prices.
Saboteurs have blown up a section of a secondary pipeline feeding the export and domestic oil network in northern Iraq, oil officials said on Saturday.
China is on guard against a resurgence of investment in overheated sectors, a banking regulatory official said on Saturday just days after a surprise interest rate rise.
A 12-metre stretch of crude oil pipeline in Iran's oil-rich south-west has been destroyed in a fire, but oil officials said exports from Opec's second biggest producer would be unaffected, media said on Saturday.
Venezuela and Brazil late Friday signed an energy accord to share technical expertise and explore possible joint ventures and investment between the two South American neighbours, officials said.
General Electric Company and Dutch financial group ING may invest in China Construction Bank (CCB), the country's top property lender, the South China Morning Post reported on Saturday.
Energy-starved Bangladesh is working on a 20-year plan to attract foreign investment that would boost supplies of natural gas, the country's principal power source, the energy minister said on Saturday.
Malaysian tin fell $20 a tonne on Friday on profit-taking, after hitting a two-week high and returning to the psychologically-important $9,000-a-tonne mark the day before.
Chicago Board of Trade soyabeans ended lower on Friday on month-end speculative sales and weak Gulf CIF values, but losses were pared on concerns that late harvest delays could linger into next week, brokers said.
As Australia's winter harvest of wheat, barley and canola gathers pace, farmers are counting the cost of recent hot, dry weather and bracing in some areas for swarms of locusts.
Zambia plans to double white maize production to 2.4 million tonnes in 2004/05 and has distributed 60,000 tonnes of subsidised fertiliser to farmers, the agriculture minister said on Friday.
Copper futures in New York rallied 6.7 percent, settling near their session highs on Friday, as the market rebounded from a sell-off on Thursday that was called an overreaction to China's surprise interest rate hike.
Comex gold futures closed higher on Friday as a soft dollar and pricey oil lured investors to the hard asset before the tight US presidential vote next week, dealers said.
NYBOT raw sugar futures closed higher on Friday as trade buying enabled the market to rebound from a one-month low, and the sweetener should use the bounce to grind higher next week, brokers said.
World oil prices endured a volatile week, hitting record high points before tumbling on easing supply worries and profit-taking ahead of US presidential elections, while China's rate hike dampened sentiment.
The Canadian ond prices were mixed on Friday as the strong September GDP seemed to confirm that Canada's economy is running in high gear, meaning that interest rates will keep rising. Safe-haven hopes gave some issues a last-minute boost.
The Canadian ond prices were mixed on Friday as the strong September GDP seemed to confirm that Canada's economy is running in high gear, meaning that interest rates will keep rising. Safe-haven hopes gave some issues a last-minute boost.
Chile's blue chip stock index IPSA set a fresh record high on Friday with enough momentum from leading companies' positive third-quarter earnings to overcome pessimism about global economic growth.
US corporate bond spreads wrapped up the week mostly unchanged on Friday and activity was light as traders marked time ahead of Tuesday's presidential election.
US corporate bond spreads wrapped up the week mostly unchanged on Friday and activity was light as traders marked time ahead of Tuesday's presidential election.
Brazilian stocks finished higher on Friday in slow pre-holiday trade, with the highlight being shoemaker Grendene SA's 12.1 percent surge on its first day on the market.
US Treasury debt prices rose on Friday as uncertainty ahead of the US presidential election, compounded by the appearance of a new video tape from Osama bin Laden, prompted some last-minute interest in safe-haven bonds.
US Treasury debt prices rose on Friday as uncertainty ahead of the US presidential election, compounded by the appearance of a new video tape from Osama bin Laden, prompted some last-minute interest in safe-haven bonds.
After a whirlwind week that was the busiest for initial public offerings in four months, US IPOs will come to a virtual standstill early next week to await the outcome of the US presidential elections.
Argentine stocks rose on Friday to mark a record high for the second time this week, boosted by investor optimism on the government's planned restructuring of $100 billion in defaulted debt, traders said.
Motorola Inc last week reported disappointing earnings, but its credit quality has improved dramatically since the spring, and has room to improve further, traders said.
Motorola Inc last week reported disappointing earnings, but its credit quality has improved dramatically since the spring, and has room to improve further, traders said.
Mexican stocks rallied 1.07 percent to close at a record high on Friday, bolstered by recent strong corporate earnings from companies like cell phone operator America Movil.
Toronto stocks surged to their highest level in three weeks on Friday as investors pounced on signs of a robust Canadian economy and got support from rebounding oil issues.
Emerging market spreads narrowed on Friday, supported by weaker-than-expected US economic data and a drop in crude oil prices which drove investors into higher-risk assets.
Emerging market spreads narrowed on Friday, supported by weaker-than-expected US economic data and a drop in crude oil prices which drove investors into higher-risk assets.
US blue chip stocks ended higher on Friday, helped by gains in energy companies, although investors showed caution before next week's presidential election.
Currency speculators on the Chicago futures market added net long yen positions in the week ended October 26, data from the Commodity Futures Trading Commission showed on Friday.
The dollar slipped on Friday as generally positive US economic data failed to inspire much buying interest ahead of next week's US presidential election and October payrolls report.
A new weekly index that tracks the positioning of short-term currency investors will seek to improve on the timeliness and accuracy of the only other gauge of speculative trading activity available to the market, a private business group said on Friday.
The currencies of Gulf Arab oil-exporting countries have not benefited from the revenue windfall from this year's spike in the price of crude as they are pegged to the dollar and have suffered from its weakness.
India's foreign exchange reserves rose for the eight week in a row to within striking distance of a record struck this year, boosted by a weaker dollar and foreign investments in a $1.2 billion share sale, analysts said.
Japan's Ministry of Finance said on Friday it did not intervene in the foreign exchange market in the four weeks ended October 27, despite the yen's steep rise to a six-month high against the dollar.
Talk that China may have switched orders for soft red winter (SRW) wheat to hard red spring (HRS) wheat and profit-taking by speculators drove Chicago Board of Trade SRW wheat futures to a lower close on Friday, traders said.
Prices continued downward movement on cotton market on Saturday in low activity as leading buyers including mills preferred to remain on sidelines on anticipation of further erosion in prices, dealers said.
Coconut oil shipments from the Philippines, the world's largest shipper, fell by as much as 35 percent in October due to delays in the arrival of some ships, an industry group and the government said on Friday.
Sugar prices were higher on the week's opening session on the grain market as demand increased by the consumers during the month of Ramazan, dealers said.
The US Justice Department has not released a final chapter of the September 11 commission's report related to conflicting accounts of efforts to track and chase the jets hijacked that day, and is unlikely to do so before Tuesday's presidential vote, The N
Hundreds of Muslim men were freed in southern Thailand on Saturday but many others faced prosecution after they were detained in last week's protest which left 85 dead and outraged Muslims world-wide.
Authorities closed Bangladesh's Rajshahi University indefinitely after nearly 200 students and teachers were injured in clashes with police and pro-government activists, officials and witnesses said on Saturday.
The US space agency has given a green light for the resumption of space shuttle flights in May 2005, more than two years after seven astronauts died in the mid-air disintegration of space shuttle Columbia.
Iraqi President Ghazi al-Yawar arrived in Kuwait Saturday for the first ever official visit by an Iraqi head of state, during which he is expected to discuss a host of issues including debt and war reparations.
Israeli soldiers shot dead a 12-year-old Palestinian boy on Saturday during confrontations with protesters in a refugee camp in the West Bank town of Jenin, medics said.
Yasser Arafat underwent medical tests on Saturday and a senior Palestinian official said doctors had ruled out for the time being that the PLO leader was suffering from leukaemia.
Calling himself "an innocent victim", Italy's Rocco Buttiglione withdrew as a candidate for the incoming European Commission on Saturday to help ease an unprecedented crisis for the executive.
European papers on Saturday said Osama bin Laden's latest appearance would likely influence the upcoming US presidential election, but were divided over which candidate would profit most from it.
President George W. Bush, responding to new threats from Osama bin Laden, told top aides to take all actions necessary to guard against attacks, and cast the election as a stark choice between his "whatever it takes" leadership and John Kerry's "cut-and-r
A North Korean man entered the US consulate in Vladivostok in the Russian far east this week to seek political asylum, a South Korean official said on Saturday.
Kuwaiti police were called to the Saudi embassy in Kuwait City on Saturday after embassy staff reported a suspicious package, but the ambassador said later it contained only audio cassettes and CDs.
Afghanistan's top court has sentenced three people, including an anti-Taleban commander, to death for the massacre of 11 Chinese engineers as they slept in tents in north-east Afghanistan in June, a court official said Saturday.
Pakistan Railways will operate a fast running train between Faisalabad and Karachi from November 9, which will cover the distance between the two main industrial cities of the country within 13 and a 1/2 hours.
Various business organisations and businessmen have expressed their grief and sorrow over the demise of Mian Mohammad Sharif, father of former Prime Minister Nawaz Sharif and former Chief Minister Punjab Mian Shahbaz Sharif.
Azad Jammu and Kashmir (AJK) President Sardar Muhammad Anwar Khan has said the better way to pay homage and tributes to great Kashmiri leader Mirwaiz Moulana Muhammad Yousaf was to follow his teachings and foot steps to achieve the goal of freedom for whi
Sindh Chief Minister, Dr Arbab Ghulam Rahim on Friday inaugurated 183rd Urs of Hazrat Sachal Sarmast by laying floral wreath on the Mazar of the Sufi saint at Daraza Sharif, district Khairpur, and offered Fateha.
National Commission on Status of Women Chairperson Justice Mrs Majida Rivzi (Rtd) on Saturday said that dignity and status of women and men, as equal citizens of Pakistan, is a moral imperative, constitutional obligation and a guiding principle of an egal
Former Afghan President Burhanuddin Rabbani said that Pakistan and Afghanistan are two brotherly nations having deep-rooted emotional and geographical proximity.
The Soldier Bazaar police Saturday took into custody a demolition squad of Karachi Building Control Authority which had gone there to demolish the illegal constructions raised by United Bakers and Store in the jurisdiction of Ferozabad Police Station on t