Seoul shares finished firmer on Tuesday, snapping a four-day losing streak, as Kookmin Bank and other financials gained amid hopes solid earnings in the sector would offset a string of disappointing results from tech firms.
Britain's FTSE 100 index closed lower on Tuesday as inflation concerns grew in the United States, oil prices fell and shares in AstraZeneca slid after a rival said it was planning a cheap copy of its top-selling drug.
The US Agriculture Department said it dropped a plan to close 30 percent of its local offices that run the US farm program on Wednesday, less than a month after the much-criticised plan was made public.
India, where genetically modified (GM) cotton has been a big hit with farmers, is expected to approve transgenic mustard and rice crops within the next few years, a biotech expert said on Tuesday.
The European Union is prepared to open its markets to more farm imports if other countries agree to drop barriers to trade in manufacturing and services, a top European official said on Tuesday.
Oil dropped more than a dollar on Tuesday as Hurricane Wilma was expected to steer clear of US rigs and refineries and the world's top banker said record prices were eroding demand.
The yield-cutting soyabean rust fungus was discovered in two more Georgia counties, the US Agriculture Department said Tuesday on its rust-monitoring Web site.
Cotton futures settled easier Tuesday on trade sales and speculative profit-taking from players who had recently run the market up to its highest level since early July, brokers said.
London white sugar futures reversed early losses and closed higher on speculative buying on Tuesday as the market tracked the rise in New York raw sugar futures, traders said.
Copper prices ended slightly higher in floor trading on the London Metal Exchange on Tuesday to target a fresh challenge of the new all-time high of $3,987.25 a tonne reached in pre-market business, dealers said.
US coffee futures climbed for a second day to hit a 6-week high on Tuesday, as storm worries persisted for some traders, but the market slipped back from session highs in late activity, dealers said.
US cocoa futures closed higher Tuesday on a wave of speculative buying after a report of stalled cocoa exports out of Ivory Coast gave the market a mild boost, though some believed the news was a minor influence, traders said.
Raw sugar prices settled Tuesday at the highest level in seven years due to a steady barrage of fund buying and the market could crawl higher on follow-through interest in the days ahead, brokers said.
Corn futures at the Chicago Board of Trade were lower early on Tuesday amid active harvest of a big US corn crop and on spillover pressure from a tumble in soya, traders said.
Wheat futures at the Chicago Board of Trade were sharply lower early on Tuesday on technical selling by funds that pushed the market into sell-stops, traders said.
US copper futures opened on Tuesday with small losses in an early bout of profit taking, then slipped further after US inflation readings rose faster than expected, said metal traders.
US gold futures slipped early on Tuesday amid softer oil prices and a firmer dollar after a mixed bag of US economic data, but traders said fund buying and good overseas demand helped shore up prices.
The World Bank Earthquake Emergency Mission comprising Christoph Pusch and John Wall, Country Director in Pakistan meet Adviser to the Prime Minister on Finance, Revenue, Economic Affairs and Statistics Dr Salman Shah, Minister of State for Finance Omar A
Jammu and Kashmir Human Rights Commission (JKHRC) said on Tuesday that government relief efforts are confined to the cities while the small villages having hundreds of casualties still await for evacuation and relief services.
The government claimed on Tuesday that about 90 percent of the road network in earthquake affected areas have been opened and work in remaining areas was also in progress at full swing.
Cataclysmic events of the proportion: that the October 8 earthquake has produced not only aftershocks that shake buildings and make people run helter-skelter but also tend to create a whole new regime of socio-political norms.
The government on Tuesday reiterated that it is on alert to meet the challenge of virus avian influenza, commonly known as bird flu. A high-level meeting was held here under the chairmanship of federal Ministry of Food, Agriculture and Livestock (Minfal)
Combined opposition on Tuesday declined to attend a briefing-cum Iftar dinner at the Prime Minister secretariat on relief operations, saying the parliament should have been the right forum for such initiative.
Recently news is appearing that Bank of Sindh and Bank of Balochistan shall soon start functioning. A bank with the name of Bank of Azad Kashmir is also under consideration. Before giving permission, the regulatory authority must appraise whether incorpor
Citizens residing in various blocks of Gulistan-e-Jouhar, Karachi, pay 'Conservancy' Tax to the Cantonment Board Faisal (CBF) but do not get regular and proper service of conservancy in the area.
Hundreds of people dutifully sink onto the grass in a field on Zanzibar's Pemba island at the command of their leader Seif Sharif Hamad. It's not a mark of respect but a warm-up for protests.
Though a change in the business environment has been witnessed in Pakistan during the past few years, yet the speed of the shift of the form of business, from sole proprietorship and partnership concerns to corporate entities, has been very slow.
The government has rightly decided not to allow adoption of children orphaned in the October 8 catastrophic earthquake. Prime Minister Shaukat Aziz announced this decision while visiting injured children in different health care facilities in Islamabad la
Even though the Environmental Protection Act came into force eight years ago, in 1997, it has remained virtually ineffective due mainly to the lacunae in the law under which environmental tribunals function.
The City District Government Lahore (CDGL) is planning to set up 100-bed temporary hospital at the Lahore airport in view of arrival of a large number of earthquake victims from quake hit areas. District Nazim Lahore Mian Amer Mahmood revealed this while
Justice Mehmood Akhtar Shabbir of Lahore High Court (LHC) has directed the office to fix all the miscellaneous and amended petitions filed against increase in petroleum prices.
Punjab Zakat Council, which met under the chairmanship of Justice Muhammad Akram Beetu (Retd), has accorded approval for releasing an amount of Rs 1.021 billion for zakat deserving people.
Peshawar Electricity Supply Company (Pesco) has suffered a damage of Rs 323 million in Hazara Circle due to the October 8 devastating earthquake. Besides, destruction of the installations the company has also lost 3 employees while 120 others were injurie
The Punjab government has fetched a sizeable amount of over Rs 2.24 million through open auction of attractive registration marks of vehicles for LZZ series here Tuesday.
Ten persons were killed in various road accidents, while more than two dozen injured and six of them seriously have been admitted in various hospitals.
Improvement of citrus fruit quality could enhance its export and consequently fetch huge earnings for the country. This was stated by Dr Muhammad Afzal, Director General Agriculture (Research), Ayub Agricultural Research Institute, Faisalabad while addres
The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of the Pakistan Mobile Communications Ltd (PMCL) at AA- and A1 respectively. These ratings donate a very low expectations of credit risk emanating from a very st
The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of the Pakistan Mobile Communications Ltd (PMCL) at AA- and A1 respectively. These ratings donate a very low expectations of credit risk emanating from a very st
Sindh Agriculture Department has established World Trade Organisation (WTO) Cell in Karachi for creating awareness among stakeholders about effects of WTO regime in agriculture sector and for co-ordination with concerned agencies.
The Civil Aviation Authority (CAA) has fixed November 15 as deadline for Shaheen Air International (SAI) to meet minimum fleet requirement, as envisaged under National Aviation Policy (NAP) 2000.
Sindh Minister for Finance Sardar Ahmed told Sindh Assembly during question hour on Tuesday that provincial revenue system was being revamped to make it more efficient, secure and transparent. He said that the system had collapsed after it was devolved to
Nazim Karachi Syed Mustafa Kamal has, on behalf of City District Government, announced Rs 20 million out of his discretionary funds towards earthquake relief works.
The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Another train carrying relief supplies for earthquake victims arrived here from India on Tuesday. India has made so for relief supplies around 100 tons of fortified biscuits, polyester sheets, medicines, tents etc.
Deputy High Commissioner of United Kingdom Ron Rimmer has said that investment climate in Pakistan, particularly in Karachi, is more favourable and conducive then ever before to promote business here, as textile sector in Pakistan has grown up during the
Muttahida Majlis-i-Amal has proposed that the government, instead convening an All-Parties Conference on the 8 October's national disaster, should have called a joint session of Parliament to look into matters arising in the aftermath of the quake.
The Central Board of Revenue (CBR) will convene a series of collectors' conferences from next week to devise a plan for meeting the revenue target of Rs 690 billion for 2005-06 in consultation with regional tax officials.
The Central Board of Revenue (CBR) has issued procedure for the payphone/cellular phone, calling card companies and other telecommunication service providers to claim input tax adjustment on account of PTCL bills.
The Central Board of Revenue (CBR) has issued procedure for the payphone/cellular phone, calling card companies and other telecommunication service providers to claim input tax adjustment on account of PTCL bills.
The Central Board of Revenue (CBR) has asked the National Bank of Pakistan (NBP) to open maximum number of counters at the designated branches for the taxpayers to deposit income tax challans and train its officials to guide the taxpayers for specifying t
The Central Board of Revenue (CBR) has asked the National Bank of Pakistan (NBP) to open maximum number of counters at the designated branches for the taxpayers to deposit income tax challans and train its officials to guide the taxpayers for specifying t
Government College University (GCU) Lahore's Debating Team beat Aitchison College Lahore at the finals of the 9th Annual All Pakistan Inter-Collegiate Parliamentary Style Debating Championship hosted by the Lahore Grammar School Defence campus.
National Accountability Bureau (NAB) Punjab will hold a cheque distribution ceremony for co-operative victims at the Chamba House, GOR-I here on Wednesday.
Following the October 8 catastrophic earthquake in the Subcontinent humanity has taken over politics, and Indian Prime Minister Manmohan Singh has expressed his desire to visit Islamabad soon to express New Delhi's condolences and solidarity with the gove
Inspired by good response from potential investors, the Privatisation Commission is targeting the deadline of December 31, 2005 for Pakistan Steel Mills Corporation (PSMC) sell-off, and officials say that they will hold local as well as international pre-
Marginal gains were seen in the interbank market as the rupee picked up two paisa versus the dollar buying and selling at 59.72 and 59.73, dealers said.
The Securities and Exchange Commission of Pakistan (SECP) registered 319 companies during September 2005 as compared to 236 companies registered during the corresponding month of the previous year, reflecting an increase of 35 percent.
Marginal gains were seen in the interbank market as the rupee picked up two paisa versus the dollar buying and selling at 59.72 and 59.73, dealers said.
More relief goods from the United States would arrive soon to assist Pakistan in relief work for the earthquake victims. United States consul general Ms Mary H. Witt said this while handing over to Pakistani authorities second consignment of relief suppli
The year under review has been quite successful year despite rising interest rate for borrowings and at the same time difficult bargain on lease business's implicit rates of interest because of fierce competition unleashed by large commercial banks.
Senate Chairman Muhammadmian Soomro has inaugurated the first outlet of the largest Bangladesh company Beximco in Pakistan here on Tuesday. Beximco would set up a chain of stores in Pakistani cities. These stores, which are named "Yellow", will market hig
The year under review has been quite successful year despite rising interest rate for borrowings and at the same time difficult bargain on lease business's implicit rates of interest because of fierce competition unleashed by large commercial banks.
US troops shot four Afghan policemen dead and wounded another after mistaking them for militants during an operation in southern Afghanistan, a senior local official said on Tuesday.
US troops shot four Afghan policemen dead and wounded another after mistaking them for militants during an operation in southern Afghanistan, a senior local official said on Tuesday.
Trading Corporation of Pakistan (TCP) has sold 48,000 cotton bales through a tender opened on Monday. TCP had invited bids for the export sale of 50,000 bales of cotton crop 2004-2005 and received 25 bids for 81,000 bales.
Trading Corporation of Pakistan (TCP) has sold 48,000 cotton bales through a tender opened on Monday. TCP had invited bids for the export sale of 50,000 bales of cotton crop 2004-2005 and received 25 bids for 81,000 bales.
Trading Corporation of Pakistan (TCP) has sold 48,000 cotton bales through a tender opened on Monday. TCP had invited bids for the export sale of 50,000 bales of cotton crop 2004-2005 and received 25 bids for 81,000 bales.
Malfunctioning of the central electronic refund processing system, ''Stream'' in Lahore is causing delay in payment of sales tax refund worth millions of rupees.