AIRLINK 183.88 Increased By ▲ 6.43 (3.62%)
BOP 11.25 Increased By ▲ 0.14 (1.26%)
CNERGY 8.53 Increased By ▲ 0.02 (0.24%)
CPHL 96.00 Decreased By ▼ -0.24 (-0.25%)
FCCL 46.15 Increased By ▲ 1.17 (2.6%)
FFL 15.76 Decreased By ▼ -0.15 (-0.94%)
FLYNG 28.40 Increased By ▲ 0.49 (1.76%)
HUBC 143.99 Increased By ▲ 2.11 (1.49%)
HUMNL 12.95 Decreased By ▼ -0.04 (-0.31%)
KEL 4.47 Increased By ▲ 0.04 (0.9%)
KOSM 5.85 Decreased By ▼ -0.02 (-0.34%)
MLCF 63.41 Increased By ▲ 2.65 (4.36%)
OGDC 213.26 Increased By ▲ 1.56 (0.74%)
PACE 5.99 Increased By ▲ 0.23 (3.99%)
PAEL 47.00 Increased By ▲ 0.51 (1.1%)
PIAHCLA 17.26 Decreased By ▼ -0.27 (-1.54%)
PIBTL 10.40 Decreased By ▼ -0.09 (-0.86%)
POWER 12.00 Increased By ▲ 0.16 (1.35%)
PPL 170.66 Increased By ▲ 0.98 (0.58%)
PRL 34.60 Increased By ▲ 0.09 (0.26%)
PTC 22.45 Decreased By ▼ -0.17 (-0.75%)
SEARL 93.90 Decreased By ▼ -0.11 (-0.12%)
SSGC 39.80 Increased By ▲ 0.03 (0.08%)
SYM 14.30 Increased By ▲ 0.12 (0.85%)
TELE 7.29 Decreased By ▼ -0.03 (-0.41%)
TPLP 10.07 Increased By ▲ 0.05 (0.5%)
TRG 66.15 Increased By ▲ 0.19 (0.29%)
WAVESAPP 10.28 Decreased By ▼ -0.04 (-0.39%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.79 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 183.88 Increased By ▲ 6.43 (3.62%)
BOP 11.25 Increased By ▲ 0.14 (1.26%)
CNERGY 8.53 Increased By ▲ 0.02 (0.24%)
CPHL 96.00 Decreased By ▼ -0.24 (-0.25%)
FCCL 46.15 Increased By ▲ 1.17 (2.6%)
FFL 15.76 Decreased By ▼ -0.15 (-0.94%)
FLYNG 28.40 Increased By ▲ 0.49 (1.76%)
HUBC 143.99 Increased By ▲ 2.11 (1.49%)
HUMNL 12.95 Decreased By ▼ -0.04 (-0.31%)
KEL 4.47 Increased By ▲ 0.04 (0.9%)
KOSM 5.85 Decreased By ▼ -0.02 (-0.34%)
MLCF 63.41 Increased By ▲ 2.65 (4.36%)
OGDC 213.26 Increased By ▲ 1.56 (0.74%)
PACE 5.99 Increased By ▲ 0.23 (3.99%)
PAEL 47.00 Increased By ▲ 0.51 (1.1%)
PIAHCLA 17.26 Decreased By ▼ -0.27 (-1.54%)
PIBTL 10.40 Decreased By ▼ -0.09 (-0.86%)
POWER 12.00 Increased By ▲ 0.16 (1.35%)
PPL 170.66 Increased By ▲ 0.98 (0.58%)
PRL 34.60 Increased By ▲ 0.09 (0.26%)
PTC 22.45 Decreased By ▼ -0.17 (-0.75%)
SEARL 93.90 Decreased By ▼ -0.11 (-0.12%)
SSGC 39.80 Increased By ▲ 0.03 (0.08%)
SYM 14.30 Increased By ▲ 0.12 (0.85%)
TELE 7.29 Decreased By ▼ -0.03 (-0.41%)
TPLP 10.07 Increased By ▲ 0.05 (0.5%)
TRG 66.15 Increased By ▲ 0.19 (0.29%)
WAVESAPP 10.28 Decreased By ▼ -0.04 (-0.39%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.79 Decreased By ▼ -0.01 (-0.26%)
BR100 12,493 Increased By 136.1 (1.1%)
BR30 37,772 Increased By 352.1 (0.94%)
KSE100 116,875 Increased By 855.2 (0.74%)
KSE30 35,927 Increased By 320.5 (0.9%)
Apr 17, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-02-13
Toronto stocks hit highest close since December 2000

Toronto stocks hit highest close since December 2000

Toronto stocks rallied to their fifth consecutive week of gains and their highest close in more than four years on Friday as firm gold and oil prices boosted resource issues while news from Apple Computer underpinned tech stocks. The Toronto Stock Exchang
Published 13 Feb, 2005 12:00am
Urea price increased with gas tariff raise

Urea price increased with gas tariff raise

As an immediate effect of the raise in gas tariff, the manufacturers and dealers of fertilisers have increased the urea fertiliser price by Rs 5/bag in the market thus making the poor farmers/growers in great anguish. As soon as the Oil and Gas Regulatory
Published 13 Feb, 2005 12:00am
JAC demands arrest of culprits involved in rape of lady doctor

JAC demands arrest of culprits involved in rape of lady doctor

Joint action committee, formed mainly by well-known NGOs, politicians and Pakistan Medical Association, on Saturday kicked off a march that culminated at the Karachi Press Club, protesting against "delay by the government" in reaching to a verdict regardi
Published 13 Feb, 2005 12:00am
Haj operations completed

Haj operations completed

The Haj operations-2005 have been completed successfully because of the cooperation and combined efforts made by all the relevant organisations. This was acknowledged by the Secretary Auqaf, Punjab, Javed Iqbal Awan during a meeting held here on Saturday.
Published 13 Feb, 2005 12:00am
Cane growers urge government to help boost sugar sector

Cane growers urge government to help boost sugar sector

The convenor Sugarcane Growers Association (SGA) met recently with Federal Agriculture Minister Sikandar Bosan and Cane Commissioner Inayatullah Khan and discussed the present sugar situation in the country. Problems facing the all stake-holders of the su
Published 13 Feb, 2005 12:00am
US State Department holds video conference for Pakistani students

US State Department holds video conference for Pakistani students

The US State Department organised a video conference on Friday to address the questions Pakistani students have concerning coming to the US for higher education. This meeting included Ms. Grace Clark, the Executive Director of the Fulbright Commission in
Published 13 Feb, 2005 12:00am
Labour fraternity badly hit by privatisation process

Labour fraternity badly hit by privatisation process

Twelve leading trade union leaders have said that behind the curtain of privatisation 'loot sale' of national assets has adversely affected the working conditions of labour fraternity of the country. At a press conference on Friday they said that because
Published 13 Feb, 2005 12:00am
Two power plants to be set up in Karachi: Sadozai

Two power plants to be set up in Karachi: Sadozai

United Arab Emirates (UAE) has agreed to install two 240 MW power plants in Korangi and Bin Qasim Towns of Karachi. Managing Director Karachi Electricity Supply Company (KESC) Tariq Sadozai told a private TV channel that these plants were being installed
Published 13 Feb, 2005 12:00am
Cabinet's informal meeting summoned on February 14

Cabinet's informal meeting summoned on February 14

Prime Minister Shaukat Aziz has summoned an "informal" meeting of his cabinet for Monday likely to be co-chaired by President Pervez Musharraf for day-long deliberations for which no agenda has been indicated. Departing from routine, the invitation to the
Published 13 Feb, 2005 12:00am
LCCI to hold single country exhibition in Tajikistan

LCCI to hold single country exhibition in Tajikistan

In a bid to explore more markets, the Lahore Chamber of Commerce & Industry (LCCI) is holding a single country exhibition of Pakistani products in Sugd region of Tajikistan in the last week of April. The decision to this effect was taken during a visit of
Published 13 Feb, 2005 12:00am
Workshop on engineering sector

Workshop on engineering sector

Engineering Development Board (EDB) and State Engineering Corporation (SEC) are jointly holding a one day workshop on "engineering sector - issues and opportunities" on February 22 at Lahore. Chairman EDB and former Commerce Minister Abdul Razak Dawood wi
Published 13 Feb, 2005 12:00am
Free eye camp

Free eye camp

Members of the Vision Care Service of Korea in collaboration with the Lahore General Hospital and LG Electronics set up a week long free eye camp in Lahore. A team of the Korean eye specialists performed 120 operations in five days. Ijaz Ahmad Sheikh, Med
Published 13 Feb, 2005 12:00am
Army and tribal systems weaken country: Qazi

Army and tribal systems weaken country: Qazi

Jamaat-i-Islami (JI) Amir Qazi Hussain Ahmad has said that country's system has been weakened because of the tribal system and army rule, while a group having vested interests is transferring country's wealth abroad. While addressing a gathering at Mantra
Published 13 Feb, 2005 12:00am
Budget proposals invited

Budget proposals invited

The Federal government has invited proposals and suggestions from trade bodies for the 2005-06 budget.
Published 13 Feb, 2005 12:00am
Night navigation: PQA to spend Rs 5,367 million on channel uplift

Night navigation: PQA to spend Rs 5,367 million on channel uplift

The Port Qasim Authority (PQA) plans deepening and widening of navigation channel to extend night navigation facilities to deeper draught vessels at the port at a cost of Rs 5,367 million. Work on the project would start as soon as PC-1 is approved by the
Published 13 Feb, 2005 12:00am
Directive for preparing traffic management plan in Karachi

Directive for preparing traffic management plan in Karachi

City Nazim Naimatullah Khan has directed departments concerned to prepare a Traffic Management Plan on priority basis. He issued these directives while presiding over a review meeting of traffic management projects on Saturday. EDO (transport) Dr Tahir So
Published 13 Feb, 2005 12:00am
CBR transfers and postings

CBR transfers and postings

The Central Board of Revenue (CBR) has transferred and posted Ms Shazia Abid, (Grade-18) taxation officer, medium taxpayer unit (MTU), Karachi, as Second Secretary, Human Resource Management (HRM), field formation, Karachi. Riaz Ahmed, Computer Programmer
Published 13 Feb, 2005 12:00am
Plan for provision of potable water in rural areas shortly

Plan for provision of potable water in rural areas shortly

The second phase of World Bank (WB) and Asian Development Bank (ADB) programme, Drought Emergency Relief Assistance (Dera), in Sindh will start in July 2005. The first phase started two years ago ended successfully on December 31, 2004, reliable sources t
Published 13 Feb, 2005 12:00am
Parliamentary body on Balochistan meeting next week

Parliamentary body on Balochistan meeting next week

The parliamentary sub-committee on Balochistan will meet next week for finalisation of a package of constitutional amendments on provincial autonomy, but a question remains will the initiative deliver? However, the nationalists members of the committee, S
Published 13 Feb, 2005 12:00am
Durrani approves computerised newsroom in information department

Durrani approves computerised newsroom in information department

Chief Minister NWFP Akram Khan Durrani has approved computerisation and provision of properly equipped newsroom in the provincial information department. This newsroom will have a capability of receiving news/hand outs and photographs from its regional of
Published 13 Feb, 2005 12:00am
Students visit Railways Headquarters

Students visit Railways Headquarters

A delegation of under training foreign students at Pakistan Railway Academy, Walton, visited the office of Pakistan Railways Headquarters here on Saturday. The delegation included students from Iran, Sri Lanka, Sudan, Myanmar and Thailand. Additional Gene
Published 13 Feb, 2005 12:00am
Rumsfeld stresses need for allies in war on terror

Rumsfeld stresses need for allies in war on terror

US Defence Secretary Donald Rumsfeld said on Saturday that one nation alone could not defeat radical Islamists and their "totalitarian" aims. In a speech in Germany, which strongly opposed the US-led invasion of Iraq, Rumsfeld went out of his way to stres
Published 13 Feb, 2005 12:00am
Israel accepts exile deal as Abbas cements truce

Israel accepts exile deal as Abbas cements truce

Israel will allow dozens of exiled Palestinian militants to return home in a move likely to bolster Palestinian President Mahmoud Abbas's effort to talk Islamist militants into a truce, officials said on Saturday. They said 56 deportees, including 39 gunm
Published 13 Feb, 2005 12:00am
CNN executive quits over Iraq remarks

CNN executive quits over Iraq remarks

CNN's chief news executive Eason Jordan quit on Friday over remarks he made in Switzerland last month about journalists killed in Iraq, possibly by US forces, the television network said. CNN said on its Web site that Jordan conceded his remarks at last m
Published 13 Feb, 2005 12:00am
Myanmar junta, rivals mark Union Day separately

Myanmar junta, rivals mark Union Day separately

Myanmar's ruling generals marked the country's national day on Saturday with calls for support of its democracy plan, but the opposition said the plan could not represent peoples' needs without its participation. The junta marked the 58th anniversary of t
Published 13 Feb, 2005 12:00am
North Korea plays for hard bargain with nuclear boast

North Korea plays for hard bargain with nuclear boast

North Korea has taken a calculated bargaining risk by announcing for the first time it has nuclear weapons, a South Korean official said on Saturday, after the United States rejected North Korean calls for one-on-one talks. Pyongyang's announcement on Thu
Published 13 Feb, 2005 12:00am
Three dead in Togo clash

Three dead in Togo clash

Togo's army clashed with protesters in the capital Lome on Saturday, killing at least three people, while a government delegation was in Niger to hear a warning from African leaders demanding a return to constitutional rule. Faure Gnassingbe, who was name
Published 13 Feb, 2005 12:00am
Gulf Arabs turn to top technology for security

Gulf Arabs turn to top technology for security

Oil-rich Gulf Arab states are turning to state-of-the-art technology to keep at bay insurgents from nearby Iraq or a spread of al Qaeda violence, military experts said on Saturday. They said Gulf officials have a growing appetite for the latest satellite
Published 13 Feb, 2005 12:00am
Strike paralyses life in Nepal, rebels reject talks

Strike paralyses life in Nepal, rebels reject talks

Nepal's Maoist rebels rejected peace talks with the new government and began an indefinite blockade across the landlocked Himalayan kingdom on Saturday to oppose King Gyanendra's assumption of power. The Maoist rebels, trying to topple the monarchy, appea
Published 13 Feb, 2005 12:00am
Iran starts making torpedoes as atomic threats fly

Iran starts making torpedoes as atomic threats fly

Iran on Saturday started churning out a production line of torpedoes as pressure mounts against the Islamic Republic, which Washington accuses of seeking to acquire nuclear weapons, state media reported. Defence Minister Ali Shamkhani, in naval uniform, w
Published 13 Feb, 2005 12:00am
Fatwa against Rushdie irreversible

Fatwa against Rushdie irreversible

Iran's hard-line Revolutionary Guards declared on Saturday that the death sentence passed against British writer Salman Rushdie was irreversible and said Muslims would one day carry it out. The Guards were marking the anniversary of the 1989 fatwa pronoun
Published 13 Feb, 2005 12:00am
Austria's Melzer upsets Agassi in San Jose tennis

Austria's Melzer upsets Agassi in San Jose tennis

American Andre Agassi was upset by Austria's Jurgen Melzer 6-3, 6-1 in the quarter-finals of the 380,000 ATP San Jose hardcourt tournament Friday. "It's always tough to come out to play Andre," Melzer said. "I didn't want him to play his game. He makes yo
Published 13 Feb, 2005 12:00am
Woolmer's comments sought on umpiring criticism

Woolmer's comments sought on umpiring criticism

The Pakistan Cricket Board (PCB) has sought the exact comments made by coach Bob Woolmer against umpiring decisions in Australia, which may lead to a fine or a ban, officials said on Saturday. "Yes, we have sought Woolmer's comments after the Internationa
Published 13 Feb, 2005 12:00am
Cricket dropped from Asian Games

Cricket dropped from Asian Games

The likely absence of top stars like Sachin Tendulkar of India and Shoaib Akhtar of Pakistan has forced cricket out of the Asian Games in Qatar next year, the Olympic Council of Asia (OCA) announced here on Saturday. The Asian Cricket Council (ACC), heade
Published 13 Feb, 2005 12:00am
South Africa clinch series as rain washes out tie

South Africa clinch series as rain washes out tie

Herschelle Gibbs hit a flawless century for South Africa before rain washed out the sixth limited overs international against England at Kingsmead on Friday. Gibbs hit 118 in a South African total of 211 all out. England, chasing an adjusted target of 213
Published 13 Feb, 2005 12:00am
Prime Minister awards SAF Games gold medalist footballers

Prime Minister awards SAF Games gold medalist footballers

Prime Minister Shaukat Aziz on Saturday gave away cash prizes to Pakistan's SAF Games gold medalist soccer stars here and urged them to continue to strive for excellence and bring more laurels for the country. He promised all resources to promote the game
Published 13 Feb, 2005 12:00am
Murali not a chucker: Warne

Murali not a chucker: Warne

Australian leg-spin genius Shane Warne on Saturday brushed aside the controversy over rival Muttiah Muralitharan's bowling action, saying he did not believe the Sri Lankan spinner was a chucker. "The most important thing is that he (Muralitharan) does not
Published 13 Feb, 2005 12:00am
Mickelson extends lead at Pebble Beach

Mickelson extends lead at Pebble Beach

Phil Mickelson birdied five of his first nine holes to take a four-shot lead after Friday's second round of the 5.3 million dollar Pebble Beach National Pro-Am. Starting on the back nine, Mickelson looked like he was on his way to another historic round a
Published 13 Feb, 2005 12:00am
Empower the Fata people

Empower the Fata people

While addressing members of the Kurram Agency at the inauguration of a community development project, the NWFP Governor, Lieutenant General Syed Iftikhar Hussain Shah, observed that the government will empower the local councils "in line with the district
Published 13 Feb, 2005 12:00am
No more KEPZ exports for tariff areas

No more KEPZ exports for tariff areas

Quoting Karachi Export Processing Zone sources, a news report appearing on February 8, pointed to the predicament of a number of industrial units in the zone, which are faced with closure due to Customs restriction on exports of their products to the tari
Published 13 Feb, 2005 12:00am
Federal court - a need of time

Federal court - a need of time

It is a constitutional obligation of the government vide Article 37 of the Constitution to promote social justice and eradicate social evils, it is also obligatory on the government to ensure inexpensive and expeditious justice vide Article 37 (d) and pro
Published 13 Feb, 2005 12:00am
Counsellors try to wean French teenagers off cannabis

Counsellors try to wean French teenagers off cannabis

Some French teenagers who are heavy smokers of cannabis are being offered a stark choice in a campaign to get them off drugs - counselling, or expulsion from school. Christophe is one of them. He is sulky as his mother escorts him into the Caan'abus centr
Published 13 Feb, 2005 12:00am
Marketers or profiteers?

Marketers or profiteers?

On my last visit, my doctor prescribed to me a recently introduced drug, with the option to buy a local or a branded, imported drug, which was naturally more expensive. However, when I went to purchase the medicine, I was shocked to learn the difference i
Published 13 Feb, 2005 12:00am
Religion for job

Religion for job

One of leading Pakistani Engineering Construction Company's employment form bears religion column. What makes sense? Does religion makes someone genius or more competent in his relevant field? people involved in the development of such forms are ignorant
Published 13 Feb, 2005 12:00am
Kashmir peace moot to open in New York on February 24

Kashmir peace moot to open in New York on February 24

The fourth Kashmir Peace conference will be held in New York from February 24 to 25. Announcing this, Kashmiri American Council (KAC) Executive Director Dr Ghulam Nabi Fai on Friday said that hectic preparations are now under way to hold a befitting confe
Published 13 Feb, 2005 12:00am
PCSIR develops 'date syrup'

PCSIR develops 'date syrup'

A team of scientists of Pakistan Council of Scientific and Industrial Research (PCSIR) have developed 'date syrup' which could be used as a light, nourishing drink. Chairman PCSIR Dr Anwar ul Haq told APP on Saturday that Pakistan is the 5th largest date
Published 13 Feb, 2005 12:00am
PTCL to provide 22 scholarships for PhD

PTCL to provide 22 scholarships for PhD

Ministry of Information Technology would provide 22 scholarships to young Pakistanis, seeking higher qualifications and research in IT and telecommunication disciplines. The funding for these scholarships will be provided by Pakistan Telecommunication Com
Published 13 Feb, 2005 12:00am
Indian businessmen visit Thatta

Indian businessmen visit Thatta

A 35-member delegation of Indian businessmen and traders visited Thatta on Saturday. The delegation was led by a Calcutta based businessman Rao Kumar and included Dr Sanjey Das, Ms. Data Sanada and Ms. Data Gori. The delegates visited various historical s
Published 13 Feb, 2005 12:00am
Nawaz-BB meeting no threat to government: Rashid

Nawaz-BB meeting no threat to government: Rashid

Information and Broadcasting Minister Sheikh Rashid Ahmed has said the meeting between Nawaz Sharif and Benazir Bhutto is no threat to the contacts between the government and Pakistan People's Party Parliamentarian (PPPP). In a telephonic interview to a p
Published 13 Feb, 2005 12:00am
Natwar condoles with Kasuri over loss of life in rains

Natwar condoles with Kasuri over loss of life in rains

Indian External Affairs Minister Kanwar Natwar Singh telephoned Foreign Minister Khurshid Kasuri on Saturday to convey his condolence over the death and destruction caused by the heavy rains in the country. Foreign Minister Natwar Singh requested Foreign
Published 13 Feb, 2005 12:00am
Meeting on water policy on Tuesday

Meeting on water policy on Tuesday

Federal Minister for Water and Power Liaquat Ali Jatoi has convened special meeting on water policy for its finalisation for submission to the Cabinet for approval. The meeting will be held on Tuesday and the Chairman Federal Flood Commission will brief t
Published 13 Feb, 2005 12:00am
Balochistan Assembly meeting postponed

Balochistan Assembly meeting postponed

Balochistan Governor Owais Ahmed Ghani has postponed the meeting of the Provincial Assembly till March 15, an official notification issued here on Saturday said. The meeting had earlier been summoned on February 15 through another notification by the Gove
Published 13 Feb, 2005 12:00am
Journalists asked to support 'Shed Weapons, Pick Pen Campaign'

Journalists asked to support 'Shed Weapons, Pick Pen Campaign'

Corps Commander Peshawar Lieutenant General Safdar Hussain has called upon the tribal journalists to fully support the government in its campaign "Shed Weapons and Pick Pen" in tribal areas for enhancing literacy rate. The Corps Commander was talking to a
Published 13 Feb, 2005 12:00am
PHMA opposes raise in gas tariff

PHMA opposes raise in gas tariff

North Zone Pakistan Hosiery Manufacturers Association (PHMA) Vice-Chairman Salamat Ali has strongly opposed the increase in gas tariff by the Oil and Gas Regulatory Authority (Ogra). Talking to newsmen, he said the authority had allowed increasing the gas
Published 13 Feb, 2005 12:00am
'National Children Day' on February 15

'National Children Day' on February 15

Prime Minister, Shaukat Aziz will inaugurate National Children Day on February 15 at Convention Centre. He will also sign the pledge "Say Yes to Child Rights Movements in Pakistan". Federal Minister for Social Welfare, Zobaida Jalal and Secretary Ministry
Published 13 Feb, 2005 12:00am
Modern system to explore minerals soon

Modern system to explore minerals soon

A modern management system would be evolved for the exploration of mineral resources of the province and necessary instructions have been issued to the concerned quarters. Punjab Mines and Minerals (M&M) Minister, Muhammad Sibtain Khan expressed these vie
Published 13 Feb, 2005 12:00am
Belgium catalogue show

Belgium catalogue show

The Embassy of Belgium, Islamabad, has organised a catalogue show in collaboration with the Faisalabad Chamber of Commerce and Industry (FCCI) here on February 15. The catalogue relates to sectors such as iron and steel, automobiles, communication technol
Published 13 Feb, 2005 12:00am
US stocks finish firmer on Apple and chips' strength

US stocks finish firmer on Apple and chips' strength

US stocks rose on Friday, with the Dow and S&P carving out 2005 highs as the mood toward technology brightened, helped by Apple Computer Inc.'s announcement of a stock split. Semiconductor stocks, including Intel Corp and Applied Materials Inc, rose, boos
Published 13 Feb, 2005 12:00am
Van der Moolen says to end stock lending

Van der Moolen says to end stock lending

Dutch specialist market maker Van der Moolen Holding said on Friday that an inquiry by the New York Stock Exchange into its stock lending practices was prompting it to close down the operation. Based in part on the NYSE inquiry and an internal review, Van
Published 13 Feb, 2005 12:00am
Emerging debt spreads narrow

Emerging debt spreads narrow

Emerging market debt spreads narrowed slightly in thin trade on Friday following a rise in the yield of benchmark 10-year US Treasury notes. Overall the J.P. Morgan Emerging Markets Bond Index Plus (EMBI+) narrowed 3 basis points to 355 points over Treasu
Published 13 Feb, 2005 12:00am
Emerging debt spreads narrow

Emerging debt spreads narrow

Emerging market debt spreads narrowed slightly in thin trade on Friday following a rise in the yield of benchmark 10-year US Treasury notes. Overall the J.P. Morgan Emerging Markets Bond Index Plus (EMBI+) narrowed 3 basis points to 355 points over Treasu
Published 13 Feb, 2005 12:00am
CBOT rice futures end firm in thin trade

CBOT rice futures end firm in thin trade

Rough rice futures at the Chicago Board of Trade settled higher on Thursday as local traders covered short positions ammid thin volume, traders said "Locals were lifting their short positions ... evening up. Buy stops were hit above $6.70 in March," a flo
Published 13 Feb, 2005 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (February 12, 2005).
Published 13 Feb, 2005 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 13 Feb, 2005 12:00am
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 13 Feb, 2005 12:00am
Singapore bunker fuel prices up

Singapore bunker fuel prices up

Singapore bunker prices rose on Friday, tracking higher fuel oil cargo values. Bunker fuel of 380-centistoke (cst) grade was pegged at $191-$193 a tonne, up $2.00 from the previous trading day, narrowing the premium to cargo levels by $1.13 to $1.88 a ton
Published 13 Feb, 2005 12:00am
Novo port exports first crude oil

Novo port exports first crude oil

Russia's main Black Sea port of Novorossiisk has reopened after a six-day closure and has exported the first crude oil since February 4, shipping sources told Reuters on Friday. "The port has finally reopened. Four vessels are now alongside and the Hawaii
Published 13 Feb, 2005 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 104,100 tonnes of cargo including 78,602 tonnes import and 25,498 tonnes export inclusive of 3,365 containers, during last 24 hours ending at 0700 hours on Saturday. The cargo comprised of 49,555 tonnes dry cargo including 49,027
Published 13 Feb, 2005 12:00am
Mexico considering new LNG terminal for Pacific coast

Mexico considering new LNG terminal for Pacific coast

Mexico is considering allowing a third liquefied natural gas (LNG) terminal to be built off its north Pacific coast, even as environmentalists are fighting advanced plans for two other terminals. The Environment Ministry is studying an application from an
Published 13 Feb, 2005 12:00am
Brazilian sugar vessels line-up falls

Brazilian sugar vessels line-up falls

The line-up of vessels waiting to load sugar in Brazil's ports decreased to 38 from 44 last week, shipping agent Williams said on Thursday. Its weekly report had 22 vessels lined up in the southern port of Santos, down from 26 last week. At Maceio in nort
Published 13 Feb, 2005 12:00am
CMB denies sale of Mineral Shanghai vessel

CMB denies sale of Mineral Shanghai vessel

Belgian shipping group CMB said on Thursday it had not sold the capsize vessel Mineral Shanghai, denying a report cited earlier in an analyst note. But CMB director Ludwig Criel told Reuters the group was in talks to possibly sell another vessel, the CMB
Published 13 Feb, 2005 12:00am
Indian firm buys 40,000 tonnes of raw sugar

Indian firm buys 40,000 tonnes of raw sugar

An Indian firm has bought 40,000 tonnes of raw sugar at $255 per tonne cost and freight for delivery in March, a company official said on Friday. "The sugar was purchased last week from Brazil for a mill based in western India," the official told Reuters
Published 13 Feb, 2005 12:00am
Ukraine October-December 2004 sunoil exports down

Ukraine October-December 2004 sunoil exports down

Ukraine exported 168,000 tonnes of sunflower oil in October-December 2004, down from 270,600 tonnes in the same period of 2003 after a decline in the sunseed output, analysts said on Friday. They said the country shipped 65,700 tonnes of sunoil in Decembe
Published 13 Feb, 2005 12:00am
Tata Tea considers sale or lease of 17 tea estates

Tata Tea considers sale or lease of 17 tea estates

India's top tea producer Tata Tea Ltd. will consider a proposal to sell or lease 17 of its tea estates to a company backed by employees, the company said on Friday. Tata Tea, part of India's powerful Tata group, will also consider either selling or leasin
Published 13 Feb, 2005 12:00am
Copal sees cocoa supply to exceed demand

Copal sees cocoa supply to exceed demand

The Cocoa Producers' Alliance (COPAL) expects global cocoa supply to exceed demand by around 50,000 tonnes this year, in contrast to market expectations of a deficit, Secretary-General Sona Ebai said on Friday. "I don't think we will see a deficit this ye
Published 13 Feb, 2005 12:00am
Drought cut Kazakh 2004/05 wheat crop: USDA

Drought cut Kazakh 2004/05 wheat crop: USDA

Drought reduced Kazakhstan's wheat production to an estimated 9.95 million tonnes in 2004/05, down from 11.50 million tonnes in the previous year, the US Agriculture Department said on Wednesday. Kazakhstan's key wheat-growing region is subject to serious
Published 13 Feb, 2005 12:00am
Copper futures in Asia build on offshore strength

Copper futures in Asia build on offshore strength

Copper futures rose in Asia on Friday, building on offshore gains despite subdued trading across the region due to holidays in some countries. Dealers said copper was in the upper end of a wide technical trading range that could see a push toward prices l
Published 13 Feb, 2005 12:00am
Soyabeans rally on short-covering

Soyabeans rally on short-covering

The Chicago Board of Trade soyabean market climbed more than 10 cents per bushel on Friday on follow-through short covering by funds, traders said.
Published 13 Feb, 2005 12:00am
US corporate bonds flat

US corporate bonds flat

Spreads on US corporate bonds were unchanged to slightly tighter on Friday and activity was slow as a week of scant new issuance curtailed turnover in the secondary market. Spreads will likely remain range-bound for the near term because investors view th
Published 13 Feb, 2005 12:00am
US Treasuries decline, absorbing supply

US Treasuries decline, absorbing supply

US Treasury prices slipped on Friday as the market absorbed new supply from the Treasury's $51 billion quarterly refinancing and looked ahead to congressional testimony from Fed Chairman Alan Greenspan. "It's the aftermath of the auctions combined with a
Published 13 Feb, 2005 12:00am
Brazilian markets rise on foreign inflows

Brazilian markets rise on foreign inflows

Strong capital inflows from foreign investors on Friday led Brazil's stocks to a new record close and the country's currency to its strongest level in 2-1/2 years. Experts said that expectations of milder monetary policy in the United States, reflected in
Published 13 Feb, 2005 12:00am
US corporate bonds flat

US corporate bonds flat

Spreads on US corporate bonds were unchanged to slightly tighter on Friday and activity was slow as a week of scant new issuance curtailed turnover in the secondary market. Spreads will likely remain range-bound for the near term because investors view th
Published 13 Feb, 2005 12:00am
IMM speculators go net long dollar; first time since May

IMM speculators go net long dollar; first time since May

Currency speculators in the Chicago futures market were net buyers of dollars in the week to Tuesday for the first time in eight months, an analyst said on Friday. This is the first net long dollar position on the International Monetary Market futures sin
Published 13 Feb, 2005 12:00am
Canadian dollar builds on gains

Canadian dollar builds on gains

The Canadian dollar strengthened on Friday, capping a sharp reversal from early-week softness, as the US currency slid further after falling hard in the previous session. Domestic bond prices eased in thin trade, as traders looked ahead to central bank sp
Published 13 Feb, 2005 12:00am
US Treasuries decline, absorbing supply

US Treasuries decline, absorbing supply

US Treasury prices slipped on Friday as the market absorbed new supply from the Treasury's $51 billion quarterly refinancing and looked ahead to congressional testimony from Fed Chairman Alan Greenspan. "It's the aftermath of the auctions combined with a
Published 13 Feb, 2005 12:00am
Previous Day
⇧