AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)
Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-09-09
Masoor dal India sheds Rs 100 on fresh arrivals

Masoor dal India sheds Rs 100 on fresh arrivals

A few changes were witnessed on the grain markets on Thursday as several items maintained their overnight levels in ssubdued trading, dealers said On the cereals side, Moong Punjab quoted at Rs 2600 and some buyers inquired about the prices but failed to
Published 09 Sep, 2005 12:00am
ISE: bulls stage comeback

ISE: bulls stage comeback

Bulls returned in the front seat at the Islamabad Stock Exchange (ISE) where equities showed broad-based recovery under the lead of trend-setters amid increase in index. ISE Network index showed an improvement of 94.67 points as the rate-based indicator m
Published 09 Sep, 2005 12:00am
Plastic mouldings higher

Plastic mouldings higher

The plastic mouldings moved upward here on Jodia Bazar on Thursday. The following changes were seen in the HDPE film Saudia 952 up 25 paisa to Rs 38.75, Mobil up 20 paisa to Rs 38.70, TR144 up 25 paisa to Rs 38.25, HDPE injection Sabic 200056 up 50 paisa
Published 09 Sep, 2005 12:00am
Bullish trend prevails on LSE

Bullish trend prevails on LSE

Bullish trend continued for the fourth consecutive day on Lahore Stock Exchange (LSE) where equities registered gains across the board amid reduced transaction volume. The LSE-25 index further improved to 3935.26 against 3889.98 of Wednesday, donating an
Published 09 Sep, 2005 12:00am
Prices falter in cotton market

Prices falter in cotton market

Despite reports of bad weather with overcast skies and showers of rains in several parts of the cotton belt in both Sindh and Punjab, lint prices fell by Rs 25 to Rs 35 per maund (37.32 kgs) in the ready market on Thursday. Of course the arrivals of seedc
Published 09 Sep, 2005 12:00am
Bullish trend prevails on LSE

Bullish trend prevails on LSE

Bullish trend continued for the fourth consecutive day on Lahore Stock Exchange (LSE) where equities registered gains across the board amid reduced transaction volume. The LSE-25 index further improved to 3935.26 against 3889.98 of Wednesday, donating an
Published 09 Sep, 2005 12:00am
Prices falter in cotton market

Prices falter in cotton market

Despite reports of bad weather with overcast skies and showers of rains in several parts of the cotton belt in both Sindh and Punjab, lint prices fell by Rs 25 to Rs 35 per maund (37.32 kgs) in the ready market on Thursday. Of course the arrivals of seedc
Published 09 Sep, 2005 12:00am
Oil and bank sectors lead KSE rally

Oil and bank sectors lead KSE rally

The selective buying in oil, gas and banking stocks helped the index record over one percent gain as the support from leading market players and financial institutions witnessed on most of the counters.
Published 09 Sep, 2005 12:00am
Oil and bank sectors lead KSE rally

Oil and bank sectors lead KSE rally

The selective buying in oil, gas and banking stocks helped the index record over one percent gain as the support from leading market players and financial institutions witnessed on most of the counters.
Published 09 Sep, 2005 12:00am
MGE wheat lower, influenced by CBOT markets

MGE wheat lower, influenced by CBOT markets

Spring wheat futures at the Minneapolis Grain Exchange closed lower on Wednesday, following a weak trend in outside grain markets, brokers said. Several deferred months-set contract lows in a thinly traded session.
Published 09 Sep, 2005 12:00am
Oil and bank sectors lead KSE rally

Oil and bank sectors lead KSE rally

The selective buying in oil, gas and banking stocks helped the index record over one percent gain as the support from leading market players and financial institutions witnessed on most of the counters.
Published 09 Sep, 2005 12:00am
New York coffee slides 6 percent as Quatrain woe ebb

New York coffee slides 6 percent as Quatrain woe ebb

US coffee futures slid about 6 percent to a 10-month low on Wednesday after speculators and funds unloaded their long positions on upbeat supply news from hurricane-hit New Orleans, market sources said.
Published 09 Sep, 2005 12:00am
CBR likely to suffer Rs 1 billion loss, zero-rated sales tax

CBR likely to suffer Rs 1 billion loss, zero-rated sales tax

The Central Board of Revenue (CBR) may suffer a loss of around Rs 1 billion due to zero-rated sales tax on electricity being consumed in the manufacture of textile products, leather items, carpets, sports goods and surgical instruments.
Published 09 Sep, 2005 12:00am
Comex copper lower, funds take light profits

Comex copper lower, funds take light profits

Copper futures were down sharply at the close on Wednesday as light fund profit taking exaggerated the price decline in an exceptionally thin market, traders said.
Published 09 Sep, 2005 12:00am
CBR likely to suffer Rs 1 billion loss, zero-rated sales tax

CBR likely to suffer Rs 1 billion loss, zero-rated sales tax

The Central Board of Revenue (CBR) may suffer a loss of around Rs 1 billion due to zero-rated sales tax on electricity being consumed in the manufacture of textile products, leather items, carpets, sports goods and surgical instruments.
Published 09 Sep, 2005 12:00am
Tokyo gold hits one-month high, platinum jumps

Tokyo gold hits one-month high, platinum jumps

Tokyo gold futures rallied to a one-month high on Thursday, lifted by a weaker yen and technical buying, with fund operators becoming eager to test 13-year highs in the near term. Tokyo Commodity Exchange gold futures picked up momentum after breaking abo
Published 09 Sep, 2005 12:00am
CBR likely to suffer Rs 1 billion loss, zero-rated sales tax

CBR likely to suffer Rs 1 billion loss, zero-rated sales tax

The Central Board of Revenue (CBR) may suffer a loss of around Rs 1 billion due to zero-rated sales tax on electricity being consumed in the manufacture of textile products, leather items, carpets, sports goods and surgical instruments.
Published 09 Sep, 2005 12:00am
New York gold up, many traders sidelined

New York gold up, many traders sidelined

Gold futures in New York closed slightly higher in a sluggish on Wednesday session as traders stepped out of the market to weigh the longer-term direction of crude oil and the US economy after Hurricane Quatrain.
Published 09 Sep, 2005 12:00am
Privatisation policy helping trade to grow: Shaukat

Privatisation policy helping trade to grow: Shaukat

Prime Minister Shaukat Aziz on Thursday said the government''s policy of privatisation with appropriate regulation was helping the business to grow to its full potential and benefit the common people.
Published 09 Sep, 2005 12:00am
Firm dollar weighs on gold in Asia, US rates eyed

Firm dollar weighs on gold in Asia, US rates eyed

Gold edged down in Asia on Thursday as worries about the impact of Hurricane Katrina on the US economy began to subside, helping the dollar extend gains against major currencies.
Published 09 Sep, 2005 12:00am
Privatisation policy helping trade to grow: Shaukat

Privatisation policy helping trade to grow: Shaukat

Prime Minister Shaukat Aziz on Thursday said the government's policy of privatisation with appropriate regulation was helping the business to grow to its full potential and benefit the common people.
Published 09 Sep, 2005 12:00am
Malaysian tin ends flat

Malaysian tin ends flat

Tin held at three-week lows in Malaysia on Thursday as key Japanese buyers purchased just enough for the market to close flat after noting a slight rise in the London price, dealers said.
Published 09 Sep, 2005 12:00am
Privatisation policy helping trade to grow: Shaukat

Privatisation policy helping trade to grow: Shaukat

Prime Minister Shaukat Aziz on Thursday said the government's policy of privatisation with appropriate regulation was helping the business to grow to its full potential and benefit the common people.
Published 09 Sep, 2005 12:00am
Oil prices increase ahead of expected US inventory fall

Oil prices increase ahead of expected US inventory fall

Oil prices moved higher on Thursday, recovering some of the week's sharp losses ahead of US data expected to show heavy falls in crude and product stocks due to disruption from Hurricane Quatrain.
Published 09 Sep, 2005 12:00am
Body formed to prepare policy for clean cotton procurement

Body formed to prepare policy for clean cotton procurement

A special committee has been formed under the chairmanship of Textile Ministry Secretary Syed Masood Alam Rizvi to prepare a strategy to obtain contamination-free cotton from the growers and ginning industries as part of clean cotton programme.
Published 09 Sep, 2005 12:00am
Copper regains strength in Asia, zinc weighed down

Copper regains strength in Asia, zinc weighed down

Copper futures edged up in Asia on Thursday, buoyed by short-covering after active selling from hedge funds pushed the contracts down in London, while technical signals stayed strong, keeping the market on a firm footing.
Published 09 Sep, 2005 12:00am
Body formed to prepare policy for clean cotton procurement

Body formed to prepare policy for clean cotton procurement

A special committee has been formed under the chairmanship of Textile Ministry Secretary Syed Masood Alam Rizvi to prepare a strategy to obtain contamination-free cotton from the growers and ginning industries as part of clean cotton programme.
Published 09 Sep, 2005 12:00am
Australian grain decline by new deal with Iraq

Australian grain decline by new deal with Iraq

Australian grain exports have been buoyed by a new deal with Iraq for wheat to be delivered over the next four months but have missed out on extra sales elsewhere following Hurricane Quatrain's disruption of US exports.
Published 09 Sep, 2005 12:00am
Body formed to prepare policy for clean cotton procurement

Body formed to prepare policy for clean cotton procurement

A special committee has been formed under the chairmanship of Textile Ministry Secretary Syed Masood Alam Rizvi to prepare a strategy to obtain contamination-free cotton from the growers and ginning industries as part of clean cotton programme.
Published 09 Sep, 2005 12:00am
New York sugar finishes lower as switch trade dominates

New York sugar finishes lower as switch trade dominates

Raw sugar futures settled lower on Wednesday as fund accounts liquidated positions in the spot contract, with more switch trade seen from players before the October contract expires at month's end, analysts said.
Published 09 Sep, 2005 12:00am
Emirates Global Islamic Bank to open in Pakistan in February

Emirates Global Islamic Bank to open in Pakistan in February

Emirates Global Islamic (EGI) Bank will start its operations in Pakistan from February 2006 as it has received license from State Bank of Pakistan. Chief Executive Officer (CEO) of the proposed bank Syed Tariq Hussain revealed it here on Thursday.
Published 09 Sep, 2005 12:00am
Soyabeans set back; traders await USDA report

Soyabeans set back; traders await USDA report

Chicago Board of Trade soyabean futures closed nearly 10 cents per bushel lower in the front months on Wednesday, on a technical setback as prices flip-flopped from Tuesday's rally, traders said.
Published 09 Sep, 2005 12:00am
Emirates Global Islamic Bank to open in Pakistan in February

Emirates Global Islamic Bank to open in Pakistan in February

Emirates Global Islamic (EGI) Bank will start its operations in Pakistan from February 2006 as it has received license from State Bank of Pakistan. Chief Executive Officer (CEO) of the proposed bank Syed Tariq Hussain revealed it here on Thursday.
Published 09 Sep, 2005 12:00am
CBOT rice posts double-digit drop on liquidation

CBOT rice posts double-digit drop on liquidation

Chicago Board of Trade rough rice futures posted a double-digit drop on Wednesday as speculators liquidated long positions, traders said. The move began on Tuesday as firms began liquidating their longs.
Published 09 Sep, 2005 12:00am
Emirates Global Islamic Bank to open in Pakistan in February

Emirates Global Islamic Bank to open in Pakistan in February

Emirates Global Islamic (EGI) Bank will start its operations in Pakistan from February 2006 as it has received license from State Bank of Pakistan. Chief Executive Officer (CEO) of the proposed bank Syed Tariq Hussain revealed it here on Thursday.
Published 09 Sep, 2005 12:00am
Thai rice prices seen steady, rain limits supply

Thai rice prices seen steady, rain limits supply

Thai rice prices are expected to hold steady over the next week despite thin overseas demand, helped by limited domestic supply due to rain, traders said on Thursday.
Published 09 Sep, 2005 12:00am
''Financial sovereignty of country restored''

''Financial sovereignty of country restored''

The government has restored the country''s financial sovereignty, improved macro economic environment and brought the debt burden under control in a short span of time," spokesman and economic adviser to the finance ministry Ashfaque Hassan Khan told Busi
Published 09 Sep, 2005 12:00am
'Financial sovereignty of country restored'

'Financial sovereignty of country restored'

The government has restored the country's financial sovereignty, improved macro economic environment and brought the debt burden under control in a short span of time," spokesman and economic adviser to the finance ministry Ashfaque Hassan Khan told Busin
Published 09 Sep, 2005 12:00am
Russia to sell China 38 military planes

Russia to sell China 38 military planes

China has agreed to buy 38 military planes from Russia in a sale that could be worth more than $1.5 billion, Russia's Vedomosti business newspaper reported on Thursday. It said the deal will be signed later on Thursday.
Published 09 Sep, 2005 12:00am
'Financial sovereignty of country restored'

'Financial sovereignty of country restored'

The government has restored the country's financial sovereignty, improved macro economic environment and brought the debt burden under control in a short span of time," spokesman and economic adviser to the finance ministry Ashfaque Hassan Khan told Busin
Published 09 Sep, 2005 12:00am
Honda unveils world's 1st airbag-equipped motorbike

Honda unveils world's 1st airbag-equipped motorbike

Honda Motor Co unveiled on Thursday the world's first airbag system to be mounted on a production model motorcycle, with plans to offer it on the new Gold Wing touring bike to hit US showrooms next spring.
Published 09 Sep, 2005 12:00am
G-20 moot begins today

G-20 moot begins today

Ministerial meeting of G-20 member countries will begin at Bhurban on Friday to formulate recommendations for the 6th ministerial meeting of the WTO to be held in Hong Kong in December 2005. The meeting will also discuss various proposals for the promotio
Published 09 Sep, 2005 12:00am
Lukoil inks Uzbek gas deal

Lukoil inks Uzbek gas deal

A consortium of foreign investors agreed on Thursday to start joint gas and gas condensate exploration in western Uzbekistan , project participant LUKOIL said in a statement.
Published 09 Sep, 2005 12:00am
G-20 moot begins today

G-20 moot begins today

Ministerial meeting of G-20 member countries will begin at Bhurban on Friday to formulate recommendations for the 6th ministerial meeting of the WTO to be held in Hong Kong in December 2005. The meeting will also discuss various proposals for the promotio
Published 09 Sep, 2005 12:00am
German trade surplus shrinks

German trade surplus shrinks

Germany's trade surplus narrowed by more than expected in July as high oil prices fuelled a sharp rise in imports which outweighed a modest gain in exports, Federal Statistics Office data showed on Thursday.
Published 09 Sep, 2005 12:00am
G-20 moot begins today

G-20 moot begins today

Ministerial meeting of G-20 member countries will begin at Bhurban on Friday to formulate recommendations for the 6th ministerial meeting of the WTO to be held in Hong Kong in December 2005. The meeting will also discuss various proposals for the promotio
Published 09 Sep, 2005 12:00am
Russia signs $5 billion gas pipeline deal with Germany

Russia signs $5 billion gas pipeline deal with Germany

Russian energy giant Gazprom and German firms EON and BASF signed a deal on Thursday to build a five-billion-dollar pipeline linking Russia and Germany, at a ceremony attended by President Vladimir Putin and Chancellor Gerhard Schroeder.
Published 09 Sep, 2005 12:00am
PPP leader gunned down in Gilgit

PPP leader gunned down in Gilgit

A fresh wave of sectarian violence erupted in Gilgit Thursday evening after killing of a Pakistan People's Party (PPP) leader and injuring another as a result of fire fighting between two rival groups.
Published 09 Sep, 2005 12:00am
Russia clinches record $7.5 billion Western loan

Russia clinches record $7.5 billion Western loan

Russian plans to liberalise share trading in the world's largest gas company moved close to completion on Thursday with a long-awaited deal on a record $7.5 billion loan, Russia's biggest ever, to finance the transaction.
Published 09 Sep, 2005 12:00am
63 nations to sign new UN nuclear terrorism treaty

63 nations to sign new UN nuclear terrorism treaty

Sixty-three nations have agreed to sign a new treaty against nuclear terrorism next week during a world summit in New York, UN Legal Counsel Nicolas Michel said on Thursday.
Published 09 Sep, 2005 12:00am
US and Saudi Arabia could sign WTO deal soon

US and Saudi Arabia could sign WTO deal soon

The United States and Saudi Arabia are on the verge of signing an agreement paving the way for the world's largest oil producer and leading Opec member to join the World Trade Organisation, US Trade Representative Rob Portman said on Thursday. "I believe
Published 09 Sep, 2005 12:00am
US raises concerns with India over Iranian nuclear issue

US raises concerns with India over Iranian nuclear issue

The United States has raised concerns with India about its reported opposition to refer Iran to the UN Security Council over Tehran's controversial nuclear program, the State Department said on Thursday.
Published 09 Sep, 2005 12:00am
US economy to face high winter energy costs: Bodman

US economy to face high winter energy costs: Bodman

The US economy will face a tough winter due to high energy prices caused partly by a disruption in oil and natural gas supplies from Hurricane Katrina, US Energy Secretary Sam Bodman warned Thursday.
Published 09 Sep, 2005 12:00am
Ford and Fiat to collaborate

Ford and Fiat to collaborate

Italy's Fiat and US automaker Ford Motor Co are in advanced talks to cooperate on developing a small car, a person familiar with the matter told Reuters on Thursday, confirming an earlier report.
Published 09 Sep, 2005 12:00am
ADB raises Asia 2005 growth forecast

ADB raises Asia 2005 growth forecast

The Asian Development Bank (ADB) raised its 2005 regional growth forecast on Thursday, partly in response to China's rapid expansion, but it said high oil prices were starting to impact many developing countries.
Published 09 Sep, 2005 12:00am
87 prisoners on hunger strike at Guantanamo

87 prisoners on hunger strike at Guantanamo

A hunger strike at a US detention center for war-on-terror suspects at Guantanamo Bay, Cuba entered its second month Thursday with 87 prisoners refusing food, a military spokesman said.
Published 09 Sep, 2005 12:00am
BoJ maintains policy, upgrades view on economy

BoJ maintains policy, upgrades view on economy

The Bank of Japan kept monetary policy unchanged on Thursday as two hawkish board members failed to win support for proposals to reduce the supply of funds that the central bank pumps into the financial system.
Published 09 Sep, 2005 12:00am
OGDCL tender: Prime Minister orders probe

OGDCL tender: Prime Minister orders probe

Prime Minister Shaukat Aziz has ordered the ministry of petroleum (MoP) to conduct inquiry into an Oil and Gas Development Company Limited (OGDCL) tender case that the local companies claimed was meant to keep them out of bidding process.
Published 09 Sep, 2005 12:00am
US wholesale inventories fall, jobless claims dip

US wholesale inventories fall, jobless claims dip

Stocks at US wholesalers fell unexpectedly in July and claims for unemployment benefits also dipped, but the two government economic reports on Thursday did not take Hurricane Katrina's full impact into account. Inventories at US wholesalers dropped 0.1 p
Published 09 Sep, 2005 12:00am
OGDCL tender: Prime Minister orders probe

OGDCL tender: Prime Minister orders probe

Prime Minister Shaukat Aziz has ordered the ministry of petroleum (MoP) to conduct inquiry into an Oil and Gas Development Company Limited (OGDCL) tender case that the local companies claimed was meant to keep them out of bidding process.
Published 09 Sep, 2005 12:00am
BoE keeps interest rates at 4.5 percent

BoE keeps interest rates at 4.5 percent

The Bank of England held interest rates at 4.5 percent on Thursday after last month''s quarter-point cut, but analysts are increasingly divided over the direction and timing of its next move.
Published 09 Sep, 2005 12:00am
OGDCL tender: Prime Minister orders probe

OGDCL tender: Prime Minister orders probe

Prime Minister Shaukat Aziz has ordered the ministry of petroleum (MoP) to conduct inquiry into an Oil and Gas Development Company Limited (OGDCL) tender case that the local companies claimed was meant to keep them out of bidding process.
Published 09 Sep, 2005 12:00am
BoE keeps interest rates at 4.5 percent

BoE keeps interest rates at 4.5 percent

The Bank of England held interest rates at 4.5 percent on Thursday after last month's quarter-point cut, but analysts are increasingly divided over the direction and timing of its next move.
Published 09 Sep, 2005 12:00am
BoE keeps interest rates at 4.5 percent

BoE keeps interest rates at 4.5 percent

The Bank of England held interest rates at 4.5 percent on Thursday after last month's quarter-point cut, but analysts are increasingly divided over the direction and timing of its next move.
Published 09 Sep, 2005 12:00am
EU warns against unilateral steps over high oil

EU warns against unilateral steps over high oil

EU member states should avoid unilateral steps to ease the pain from high oil prices on individual industries, the EU executive warned, the day before finance ministers will discuss responses to record energy costs.
Published 09 Sep, 2005 12:00am
Fazio bows out of awkward EU talks

Fazio bows out of awkward EU talks

Italy's central bank governor Antonio Fazio decided on Thursday to skip a potentially embarrassing meeting of European finance ministers as pressure mounted on him to quit over a bank take-over scandal.
Published 09 Sep, 2005 12:00am
Four hurt in small blasts in Karachi

Four hurt in small blasts in Karachi

Minor bomb blasts wounded at least four people early on Friday at outlets of the KFC and McDonald's fast food chains here, police and eyewitnesses said.
Published 09 Sep, 2005 12:00am
Chinese cars step into Frankfurt show limelight

Chinese cars step into Frankfurt show limelight

Petrol prices have exploded. Downward pressure on car prices won't go away. Production costs jeopardise western Europe as a place to build autos in volume. Just when you thought the global car market was tough, the Chinese go and show up at the world's bi
Published 09 Sep, 2005 12:00am
Four hurt in small blasts in Karachi

Four hurt in small blasts in Karachi

Minor bomb blasts wounded at least four people early on Friday at outlets of the KFC and McDonald's fast food chains here, police and eyewitnesses said.
Published 09 Sep, 2005 12:00am
Oil risks to growth highlighted at Apec meeting

Oil risks to growth highlighted at Apec meeting

Apec finance ministers grappled on Thursday with the risks posed to their economies by record high oil prices as the World Bank said prices could spike sharply if there was a disruption to supply.
Published 09 Sep, 2005 12:00am
EU approves sale of Siemens mobile unit to BenQ

EU approves sale of Siemens mobile unit to BenQ

Taiwan's BenQ won permission from the European Commission on Thursday to take over Siemens' mobile-phones unit, catapulting the technology group into the world's top 10 mobile handset vendors.
Published 09 Sep, 2005 12:00am
Russian government approves telecoms privatisation

Russian government approves telecoms privatisation

Russia's government has approved a draft decree to sell state telecoms holding Svyazinvest and has sent it to President Vladimir Putin for approval, Interfax news agency quoted a government source as saying on Thursday.
Published 09 Sep, 2005 12:00am
Opposition's strike today

Opposition's strike today

The opposition Muttahida Majlis-i-Amal (MMA) and the Alliance for the Restoration of Democracy (ARD) on Thursday appealed to the masses, transporters, traders and people from other walks of life to make the strike successful on Friday.
Published 09 Sep, 2005 12:00am
Indonesian government agrees to cap fuel subsidies

Indonesian government agrees to cap fuel subsidies

Indonesia's government and a parliamentary budget committee have agreed to cap fuel subsidies at 113.7 trillion rupiah ($10.98 billion) this year, much lower than previous official estimates, a legislator said on Thursday.
Published 09 Sep, 2005 12:00am
Opposition's strike today

Opposition's strike today

The opposition Muttahida Majlis-i-Amal (MMA) and the Alliance for the Restoration of Democracy (ARD) on Thursday appealed to the masses, transporters, traders and people from other walks of life to make the strike successful on Friday.
Published 09 Sep, 2005 12:00am
TSMC tops forecasts with near record August sales

TSMC tops forecasts with near record August sales

Taiwan Semiconductor Manufacturing Co, the world's largest contract maker of microchips, beat market expectations on Thursday with only a marginal decline in August sales from a record high a year ago.
Published 09 Sep, 2005 12:00am
Pak-India JWG terms gas line project inevitable

Pak-India JWG terms gas line project inevitable

Pak-India Joint Working Group (JWG) on Thursday declared that Iran-Pakistan-India gas pipeline project was inevitable for both the countries to plug their ever increasing demand and supply gap.
Published 09 Sep, 2005 12:00am
TSMC tops forecasts with near record August sales

TSMC tops forecasts with near record August sales

Taiwan Semiconductor Manufacturing Co, the world's largest contract maker of microchips, beat market expectations on Thursday with only a marginal decline in August sales from a record high a year ago.
Published 09 Sep, 2005 12:00am
Pak-India JWG terms gas line project inevitable

Pak-India JWG terms gas line project inevitable

Pak-India Joint Working Group (JWG) on Thursday declared that Iran-Pakistan-India gas pipeline project was inevitable for both the countries to plug their ever increasing demand and supply gap.
Published 09 Sep, 2005 12:00am
Hamdard Village School's new building inaugurated

Hamdard Village School's new building inaugurated

A new building - Phase-III of Hamdard Village School was inaugurated at Madinat al-Hikmah, here on Wednesday. Maulana Hafiz Fazlur Rahim, Naib Mohtamim, Jamia Ashrafia, Lahore, inaugurated the new building.
Published 09 Sep, 2005 12:00am
Pak-India JWG terms gas line project inevitable

Pak-India JWG terms gas line project inevitable

Pak-India Joint Working Group (JWG) on Thursday declared that Iran-Pakistan-India gas pipeline project was inevitable for both the countries to plug their ever increasing demand and supply gap.
Published 09 Sep, 2005 12:00am
Sony to offer advanced Walkmans to tackle iPod

Sony to offer advanced Walkmans to tackle iPod

Sony Corp said on Thursday it would sell advanced Walkman portable music players later this year, aiming to move out of Apple Computer Inc's shadow in a market the Japanese company created a quarter of a century ago.
Published 09 Sep, 2005 12:00am
JGBs stuck as investors ponder BOJ policy outlook

JGBs stuck as investors ponder BOJ policy outlook

Japanese government bonds were flat on Thursday after Bank of Japan Governor Toshihiko Fukui struck a note of caution, saying a sustained rise in oil prices and the fallout from Hurricane Katrina were risks to the global economy.
Published 09 Sep, 2005 12:00am
JGBs stuck as investors ponder BOJ policy outlook

JGBs stuck as investors ponder BOJ policy outlook

Japanese government bonds were flat on Thursday after Bank of Japan Governor Toshihiko Fukui struck a note of caution, saying a sustained rise in oil prices and the fallout from Hurricane Katrina were risks to the global economy.
Published 09 Sep, 2005 12:00am
US Treasuries slip

US Treasuries slip

US Treasury debt prices receded on Wednesday as falling oil prices and concerns about rising wages obscured a solid five-year note auction. Investors were worried that upward revisions to second-quarter unit labor costs could herald a more widespread infl
Published 09 Sep, 2005 12:00am
US Treasuries slip

US Treasuries slip

US Treasury debt prices receded on Wednesday as falling oil prices and concerns about rising wages obscured a solid five-year note auction. Investors were worried that upward revisions to second-quarter unit labor costs could herald a more widespread infl
Published 09 Sep, 2005 12:00am
Hong Kong stocks decline

Hong Kong stocks decline

Hong Kong stocks eased 0.4 percent on Thursday with property counters hurt by interest rate jitters and oil shares lower on retreating oil prices. Property developer New World Development Co Ltd was among the top blue chip losers, down 1.9 percent to HK$1
Published 09 Sep, 2005 12:00am
US stocks up as oil drops, McDonald's rises

US stocks up as oil drops, McDonald's rises

US stocks rose for the second straight day on Wednesday, helped by a brokerage upgrade of restaurant chain McDonald's Corp and a sharp drop in energy prices as oil operations slowly recovered from the effects of Hurricane Katrina.
Published 09 Sep, 2005 12:00am
Jakarta shares make gains

Jakarta shares make gains

Indonesian share prices closed sharply higher on Thursday, extending gains in heavy trade with a jump of 1.99 percent amid hopes that lower oil prices will help ease pressure on the rupiah, dealers said.
Published 09 Sep, 2005 12:00am
Indian stocks top 8,000 points mark for first time

Indian stocks top 8,000 points mark for first time

Indian share prices breached the key barrier of 8,000 points on Thursday to hit a new all-time high as hopes of robust corporate earnings offset worries about record oil prices, dealers said.
Published 09 Sep, 2005 12:00am
Malaysian shares sag

Malaysian shares sag

Malaysian shares prices closed 0.25 percent lower on Thursday on concerns that the economy may slow further following of weaker-than-expected July industrial production data, dealers said.
Published 09 Sep, 2005 12:00am
Philippines shares jump

Philippines shares jump

Philippines share prices closed 0.45 percent higher on Thursday on a technical bounce supported by further gains on Wall Street overnight as oil prices continued to ease off record highs, dealers said.
Published 09 Sep, 2005 12:00am
Thai share prices surge

Thai share prices surge

Thai share prices closed 0.93 percent higher on Thursday on speculative interest in energy stocks ahead of a key report on US crude stockpiles expected to show a sharp drop, dealers said. The Stock Exchange of Thailand (SET) composite rose 6.58 points to
Published 09 Sep, 2005 12:00am
Previous Day