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
Pakistan Ambassador Masood Khan told a UN subcommittee here on Saturday that expansion and diffusion of the Internet should be used to combat poverty and to enhance capacities of the developing countries to invest in education, health and jobs.
Raw sugar prices banked on a steady barrage of trade and speculative fund buying to finish higher on Friday, as players turned their attention to the expiring October contract, analysts said.
Australia's grains industry is likely to see increased production in the years ahead to feed a new ethanol industry which will chew up hundreds of thousands tonnes a year of wheat and sorghum as feedstock for the fuel.
Typhoon Damrey, which swept across China and Vietnam killing at least 120 people, along with heavy rain in Southeast Asia, is expected to further squeeze rubber supply and drive up prices.
US copper futures closed with moderate losses on Friday, pressured by quarter-end profit taking and fatigue at recent record highs, but traders said tight market conditions and a strong regional manufacturing report kept a bid tone in the market.
Soyabean futures at the Chicago Board of Trade surged on Friday, gapping higher on the open on a lower-than-expected quarterly stocks figure released by the government, traders said.
Gold futures succumbed on Friday to quarter-end squaring, lower oil prices and a pullback in silver, in seesaw trading that just missed resettling recent bull-market highs.
Tokyo rubber futures edged down due to profit-taking on Friday after briefly hitting a fresh 17-year high on tight fundamentals and a commodities bull market that has also touched copper and crude oil.
Oil prices steadied this week, as the US Gulf Coast refinery production remained paralysed by hurricanes Rita and Katrina, but supply fears were countered by concerns over the strength of global demand.
Brazil is expected to export a record 25 million tonnes of soyabeans in 2006/07 (February-January), up from 21.3 million tonnes in 2005/06, Brazil's Vegetable Oils Industry Association (Abiove) said Friday.
Rising trend was seen on the forward cottonseed oilcake market as buyers became active in anticipation of tight supply position in the coming days, dealers said.
Exporters' led-buying kept the prices higher in the cotton market on Saturday, dealers said. The official spot rate stayed put at Rs 2150 for 2005-06, without upcountry expenses. Cotton price in Sindh was modestly up at Rs 2185-2255 and in Punjab, it was
The trading on pineapple side moved downward here on Jodia Bazar on Saturday. The following changes were seen in the Thaipine 565 gm down Rs 15 to Rs 655, Polac down Rs 15 to Rs 665, Vita Broken down Rs 15 to Rs 675 and Euro Broken down Rs 15 to Rs 645.
Ahead of the month of Ramazan, rising demand pushed the prices up on the grain market on Saturday, dealers said. On the grams side, gram garda Punjab inferior type posted Rs 50 gain to Rs 1900 and good type also gained Rs 40 to Rs 1940 as shopkeepers turn
The lineup of vessels to load sugar in Brazilian ports remained unchanged from last week at 51, shipping agent Williams said. Williams also said in a weekly report 33 vessels were lined up in the southern port of Santos, the same as last week. In Paranagu
The hurricane-hit Port of New Orleans should be operating at 30 to 40 percent of capacity within a month, and at 80 percent by the end of the year, the Congressional Budget Office (CBO) said on Thursday.
South Korea's main port of Pusan will open three new berths in January, part of a $9 billion plan to double its container handling capacity by 2011, the head of the port authority said.
Greek ferry operator Minoan Lines narrowed its first-half loss to 6.2 million euros ($7.46 million) from 6.7 million euros in the year-earlier period, the company said in a statement on Tuesday.
Greek ferry operator Minoan Lines narrowed its first-half loss to 6.2 million euros ($7.46 million) from 6.7 million euros in the year-earlier period, the company said in a statement on Tuesday.
Container leasing and port investor Cosco Pacific Ltd said its joint venture with Singapore's PSA International and APM Terminals had increased their investment to 3.8 billion yuan ($470 million) for buying four new berths in China's north-eastern city of
Shanghai has awarded the second phase of its multi-billion dollar container port project to a consortium with members including Hutchison Whampoa, COSCO Pacific and the port unit of Danish A.P. Moeller-Maersk, APM Terminals, a newspaper said on Monday.
Port workers in Southern France will extend until Monday a strike that has already blocked access to the Lavera and Fos petrochemicals and oil refining hub for four days running, a trade union source said on Friday.
Thin demand prior to a week-long holiday in China is weighing on benchmark Asian shipping rates after they spiked in the middle of last week, regional brokers said on Tuesday. Support from a firm capsize market has been ebbing since early this week, they
A ferry with 542 passengers and crew went aground in the Baltic Sea off Sweden on Tuesday as it made a trip between Stockholm and Estonian capital Tallinn, rescue and company officials said.
The Karachi Port handled 112,921 tonnes of cargo including 84,535 tonnes import and 28,386 tonnes export cargo including 4,268 containers during last 24 hours ending at 0700 hours on Saturday.
Indian batting star Sachin Tendulkar has been cleared for a return to competitive cricket after a lengthy lay-off with an injured elbow, chief selector Kiran More said on Saturday. Tendulkar, 32, will take the field for the first time in almost six months
Japan claimed their first ICC cricket title with a six-run victory over the Cook Islands in the final of the East Asia-Pacific (EAP) Cricket Cup tournament in Vanuatu, the ICC reported on Saturday.
John Huston, in the midst of a late-season push to keep his PGA Tour card, fired a six-under-par 66 on Friday to take a one-shot lead after two rounds of the Chrysler Classic of Greensboro.
Top seed Jelena Jankovic of Serbia and No 2 seed Nicole Vaidisova of the Czech Republic will meet in the Korea Open final here on Sunday. Jankovic, ranked 17 in the world, set up a final clash with the tournament's youngest player, 16-year-old Vaidisova,
Teenaged British wild card entry Andy Murray defied all the odds on Saturday as he rallied past local hero Paradorn Srichaphan 6-7 (3/7), 7-5, 6-2 to set up a miracle final at the 550,000-dollar Thailand open against peerless Roger Federer.
Rebels killed two pro-Moscow police and wounded another five in battles in Russia's disputed Chechnya, local media reported on Saturday. News agencies reported that rebels opened fire on police checking houses in the village of Terskoye just outside regio
Maoist guerrillas shot dead five people in India's central Chhattisgarh state in fresh rebel violence that has forced thousands of tribespeople to flee their homes, police said on Saturday. "The rebels killed five people and dumped their bodies in the for
After 85 days in jail for refusing to name her source, New York Times reporter Judith Miller testified on Friday about conversations with a top aide to Vice President Dick Cheney to a grand jury investigating who leaked the name of a CIA operative.
Thousands of gay activists, many in flamboyant costumes, took to the streets of Taiwan's capital on Saturday to demand equal rights in a society that still frowns upon homosexuality.
South Korea is seriously considering fielding a candidate to succeed Kofi Annan as UN secretary-general, Foreign Minister Ban Ki-moon said on Saturday.
The United States has postponed punishing Saudi Arabia, its close ally and key oil supplier, for restricting religious freedom - the first time Washington has waived punishing a blacklisted country under a 1998 law targeting violators of religious rights.
Palestinian President Mahmoud Abbas's Fatah party far outstripped militant group Hamas in a round of West Bank municipal elections seen as a test of political clout ahead of 2006 parliamentary polls.
Twenty-two UN staff members have been detained since mid-2004 despite an international treaty guaranteeing the safety of UN personnel, Secretary-General Kofi Annan said on Friday.
An Internet statement attributed to Algeria's largest outlawed Islamic militant group, aligned with al Qaeda, said it opposed an amnesty in exchange for laying down its arms and would continue its Jihad, or holy war.
A new Russian "public chamber" met for the first time on Saturday aiming to improve ties between officials and society, but failed to sway sceptics who say the other two houses of parliament should be doing that already.
President George W. Bush sought on Saturday to dispel concerns about the readiness of US-trained Iraqi security forces, declaring himself "encouraged" even though his top generals say the number of battalions that can fight insurgents without help has dro
Around 1,000 US troops, backed by helicopter gunships, attacked towns in the far west of Iraq on Saturday, in the latest push to track down al Qaeda militants they believe are hiding near the Syrian border.
China National Petroleum Corp (CNPC) and French refiner Total SA have agreed to jointly develop a gas field in north-west China, state media said on Saturday.
Japan and China failed to resolve a row over gas exploration in the East China Sea in talks that ended Saturday, but agreed to more dialogue this month to discuss Tokyo's new offer for joint development, Japanese officials said.
Kuwait, flush with petrodollars and free from the threat of Saddam Hussein's Iraq, plans 15 billion dinars ($51 billion) worth of housing and infrastructure projects by decade's end, the public works minister said.
Iran has ambitious plans to increase tenfold a credit-scheme for scrapping old cars to clean up its polluted cities and reduce expensive petrol imports, an official said on Saturday. The government is setting aside more than $300 million to pay for the pr
Sharply higher fuel prices took effect in Indonesia on Saturday, sparking some protests as President Susilo Bambang Yudhoyono bet his popularity would blunt social unrest in the world's fourth-most populous country.
Marking its biggest step into the wireless communications market to date, Google Inc said on Friday it has proposed to provide free wireless Internet services across the city of San Francisco.
Microsoft Corp plans to release a low-cost version of its Windows software for India in an attempt to check high piracy levels, the legal affairs head of the world's largest independent software maker said.
Now that Sony Corp has spelled out a plan to revive profits at the struggling electronics and entertainment conglomerate, Chief Executive Howard Stringer says his next battle is convincing sceptical investors it will work.
Now that Sony Corp has spelled out a plan to revive profits at the struggling electronics and entertainment conglomerate, Chief Executive Howard Stringer says his next battle is convincing sceptical investors it will work.
South Korean exports in September rose a stronger-than-expected 18.7 percent from a year earlier to a record, the fastest pace in 10 months, government data showed on Saturday, bolstering expectations for an interest rate rise.
The world's biggest banking group in terms of assets was launched in Japan on Saturday through the merger of Mitsubishi Tokyo Financial Group Inc and UFJ Holdings Inc.
The head of Taiwan's BenQ has given no job guarantee to employees at Siemens' mobile-phones unit, which it has bought from the German company, Welt am Sonntag newspaper reported.
The International Monetary Fund said on Saturday it was holding up a mission to Belgrade after Serbia adopted a watered-down pension reform that disregarded agreed changes.
The average council tax bill in Britain has more than doubled since its introduction in 1993, far outpacing inflation during the period, a survey showed on Saturday. The average council tax bill per dwelling topped 1,000 pounds for the first time in 2005
The average council tax bill in Britain has more than doubled since its introduction in 1993, far outpacing inflation during the period, a survey showed on Saturday. The average council tax bill per dwelling topped 1,000 pounds for the first time in 2005
The Canadian bond prices rose on the long end on Friday, helped by a late-day stock selloff. The bond prices fluctuated through much of the session, eventually closing higher as market players digested economic data and set their positions on the last tra
The Canadian bond prices rose on the long end on Friday, helped by a late-day stock selloff. The bond prices fluctuated through much of the session, eventually closing higher as market players digested economic data and set their positions on the last tra
Mexico's IPC stock index closed at a record high on Friday, breaking above 16,000 points for the first time as investors seeking higher returns than those offered by relatively low-yielding bonds bid up prices.
Delphi Corp's bonds rallied on Friday, but then lost its gains amid speculation the company could potentially breach loan covenants, while spreads in the broader US corporate bond market ended unchanged.
Delphi Corp's bonds rallied on Friday, but then lost its gains amid speculation the company could potentially breach loan covenants, while spreads in the broader US corporate bond market ended unchanged.
US Treasury debt prices declined on Friday as rising inflation and a sharp improvement in Midwest business conditions reaffirmed the likelihood of further interest rate hikes from the Federal Reserve.
US Treasury debt prices declined on Friday as rising inflation and a sharp improvement in Midwest business conditions reaffirmed the likelihood of further interest rate hikes from the Federal Reserve.
Credit investors are bullish about chip maker Advanced Micro Devices Inc for several reasons beyond a favourable outlook for AMD in the server and personal computer market, analysts said.
Credit investors are bullish about chip maker Advanced Micro Devices Inc for several reasons beyond a favourable outlook for AMD in the server and personal computer market, analysts said.
Brazil's stocks notched yet another record high on Friday thanks to strong foreign investor appetite for assets in Latin America's largest country, while the local currency slipped from a four-year high because of expiring options.
European stock markets are likely to hold at 40-month highs next week ahead of US economic data and interest rate decisions in Europe and the UK, and with scant scheduled corporate news to spur activity.
Chile stocks rose on Friday, ending the month on a positive note, with electric utility companies leading cross-sector gains. The IPSA blue chip index rose 0.59 percent to 2,152.82 points while the broader IGPA index climbed 0.38 percent at 10,073.32, pre
Toronto stocks finished flat on Friday as sagging gold issues wiped out gains by the financial and technology sectors. The Toronto Stock Exchange S&P/TSX composite index fell 6.67 points, or 0.06 percent, to 11,011.83. For the week, the key index rose 0.9
Citigroup grabbed the top spot in US-listed IPO underwriting activity in the third quarter, boosted by three of the largest deals of the period, according to research firm Dealogic on Friday.
US stocks ended slightly higher on Friday, helping to push indexes to their best quarterly finish for 2005, as a dip in crude oil prices lifted shares of companies that are heavy users of fuel, including Caterpillar Inc and DuPont Co.
Brazil's local currency slipped from a four-year high on Friday because of expiring options. The real weakened 0.77 percent to 2.23 a US dollar, leaving gains for September at 5.4 percent, the most for any month in more than two years.
Speculators in International Monetary Market currency futures on the Chicago futures exchanges extended their net long dollar positions in the week to September 27, data released on Friday showed.
The dollar posted solid gains against the yen on Friday in technically-driven trading and eked out an advance against the euro amid end-of-quarter book squaring and a better-than-expected manufacturing report from the Chicago area.
The low level of US inflation may reflect luck and structural economic change, not just good monetary policy, Federal Reserve Governor Donald Kohn said on Thursday as he called for work on improving inflation models.
The Canadian dollar soared to a 14-year high against the greenback on Friday and also hit new peaks against several other major currencies as momentum players bet on a steady economy, more interest rate hikes and further investment in Canada's oil patch.
Foreign professors, working in various varsities of Pakistan, have been advised to thoroughly review all programmes, initiatives and policies of the Higher Education Commission so as to bring them at par with the international norms, it is learnt here.
The Jinnah Telecom Private Limited has launched its new calling cards 'Jeeway Pakistan', powered by DVCom, which are available in seven denominations of 50, 100, 250, 500, 750, 1000 and 2000 rupees.
The police on Saturday have arrested four dacoits looting a house in Lane 3 of Khayaban-e-Badban of DHA on Saturday, however, three of companions managed their good escape.
Hurriyat Conference (A) Chairman Mirwaiz Omar has received an invitation for participation in conference on Kashmir in Brussels, capital of Belgium. "Mirwaiz has been invited for discussions on Kashmir issue by European Union and Kashmir Centre at Brussel
Azad Jammu and Kashmir President Major General Sardar Muhammad Anwar Khan (Retd) has said that ongoing peace process between Pakistan and India is facing a deadlock.
Pakistan Medical Association (PMA) Science and Health Council held the 9th Proficiency Evaluation Test (PET-2005) on Saturday simultaneously at 11 difference centres all over the country. A total of 623 medical students including 97 from Karachi appeared