The general trend in the currency market was firm as the rupee resisted any decline versus the dollar at the weekend, but it failed to hold its gains versus the euro, dealers said.
The general trend in the currency market was firm as the rupee resisted any decline versus the dollar at the weekend, but it failed to hold its gains versus the euro, dealers said.
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Saturday (November 19, 2005).
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
At least 26 passengers including the driver and conductor of a passenger's coach were injured when it plunged into a deep ravine near Matwanee while on its way from Sir Qilla Chaghorzai towards main business center Swari on Saturday.
Punjab Institute of Mental Health (PIMH), in pursuance of the instructions of Chief Minister Punjab, has constituted 10 teams of psychiatrists to provide treatment to the patients in quack affected areas.
The Pakistan Red Crescent Society (PRCS) Rawalpindi has registered 202 families with 998 persons in their relief camp while 136 families with 619 persons were discharged.
The business community of Sialkot has vowed to fulfil its social obligation and is using all resources for the rehabilitation of the quake victims of the country, said president Sialkot Chamber of Commerce and Industry (SCCI) Dr Nouman Idris Butt.
The severe earthquake measuring 7.6 magnitude on the Richer scale that unleashed its worst fury on Azad Kashmir wiping many towns off the map and burying the citizens in mud and rubbles.
Subdued trading was seen on the forward cottonseed oilcake market on Saturday as most of the buyers kept on the sidelines due to lack of interest, they said.
The cotton market saw lean business at the week-end in the absence of strong demand after the PCGA report, dealers said. The official spot rate shed Rs 25 to Rs 2350, without upcountry expenses. Cotton prices in Punjab were at Rs 2375 and Rs 2400.
Grams prices fell sharply on the local grain market on Saturday due to fresh arrivals, dealers said. On Saturday, on the grams side, garda lost Rs 25 to Rs 1925-1975, Gram dal Punjab shed the same amount to Rs 2350-2400, yellow peas Canada lost Rs 20 to R
Grain exports from the French port of Rouen totalled 254,695 tonnes for November 1-16, comprising 217,187 tonnes of wheat, 35,708 of barley and 1,800 tonnes of maize, port officials said on Friday.
The lineup of vessels to load sugar in Brazilian ports fell to 33 from 46 last week, shipping agent Williams said. In a weekly report, it said 12 vessels were lined up in the southern port of Santos, down from 20 last week. In Paranagua, there were 5 vess
State-owned Singapore port operator PSA said on Monday its terminals moved 22.1 percent more containers in the first 10 months of 2005 than a year earlier, thanks to heavy trade between Asia and Europe and North America.
Freight rates in Asia held steady on Tuesday on healthy demand to transport minerals, although ample availability of vessels prevented the market from rising sharply, shipping industry officials said on Tuesday.
A laptop computer containing names, social security numbers and other sensitive information of 161,000 current and former employees of Boeing Co was stolen recently, the US aerospace manufacturer said on Friday.
The Karachi Port handled 104,981 tonnes of cargo including 81,128 tonnes import and 23,853 tonnes export cargo including 2,710 containers during last 24 hours ending at 0700 hours on Saturday.
Chicago Board of Trade rough rice futures closed lower and range-bound on Friday after a lacklustre session amid few fresh leads, traders said. The market continued its technical sell-off that began on Monday.
First wheat, then barley, then sugar, now rice: de-regulation is sweeping through Australian farm industries, which have been run by monopolies for decades.
Edible oil prices are expected to strengthen in the new oil year starting November on healthier demand from the food sector and increased biodiesel use, industry analyst Dorab Mistry said on Friday.
US copper futures rose again to a new series of record-breaking levels on Friday, and closed near or at their peaks, as speculators bought strong supply/demand fundamentals and rumours swirled that a huge short position may be held by a Chinese trader, br
Chicago Board of Trade soyabean futures fell on Friday as renewed concerns about ample US soyabean stocks after this fall's near record harvest sparked technical selling by funds, traders said.
Australian wool prices recovered to rise slightly at sales in Sydney, Melbourne and Fremantle this week. The Australian Wool Exchange's Eastern Market Indicator (EMI) rose by 2 cents to 651 cents a kg clean, after falling by a total of 17 cents in the two
Gold futures closed down slightly in New York on Friday, below a fresh 18-year high hit overnight, as traders awaited the next move from bullish funds and investors, traders and analysts said.
Crude rubber stocks held at private Japanese warehouses rose to 8,580 tonnes as of November 10, up 14.4 percent from October 31, when the previous data was taken, an industry body said on Friday.
Ukraine's feed barley exports through its seaports fell sharply to 55,000 tonnes in the first 10 days of November compared with 176,200 in the same period of October, analysts said on Friday.
World oil prices extended losses this week as the market took the view that adequate energy supplies were in place to meet heating fuel demand during the northern hemisphere winter.
Rich nations can best respond to African cotton producers' concerns about subsidies by agreeing on a global deal to open up agricultural markets and cut farm supports, a US trade official said on Friday.
Hong Kong's Link REIT raised HK$19.8 billion (US $2.5 billion), after the government priced the world's biggest IPO of a property trust at the top of the indicated range on the back of keen institutional demand, people familiar with the deal said on Satur
The United States and the European Union reached a tentative deal on Friday to dramatically expand aviation service and boost competition on both sides of the Atlantic.
China is expected to agree to buy up to 150 Boeing aircraft during US President George W. Bush's visit to Beijing this weekend, a Hong Kong newspaper reported on Saturday.
Palestinian Finance Minister Salam Fayyad, who has battled parliament to force it to carry out fiscal belt tightening measures, has submitted his resignation ahead of legislative elections due in January.
The US Senate on Friday approved a bill that would extend $60 billion in tax cuts for individuals and business but impose a $5 billion tax on big oil companies, drawing a veto threat from the White House.
The United Arab Emirates plans to increase its investment from surging oil income by buying more overseas assets and boosting infrastructure to attract foreign capital inflows, the country's economy and planning minister said.
South Korea's LG Electronics Inc, the world's second-biggest maker of plasma display panels (PDP), will raise production capacity by almost 50 percent in 2006, the company said on Saturday.
Two days before US prosecutors charged him with crimes that could, if proven, send him to prison for 40 years, Conrad Black was enjoying the high life and settling an old score.
Ford Motor Co, facing a deepening financial crisis, said on Friday it plans to eliminate 4,000 salaried jobs, or 10 percent of its North American white-collar work force, as part of a larger restructuring plan.
The world's top energy producers, under pressure to meet global demand, called instead Saturday on leading consumer states, mainly in Europe, to cut taxes on oil to alleviate hikes in prices.
The Canadian bond prices eased on Friday alongside US government debt in a largely uneventful session as the weak wholesale trade data did not dissuade traders from expectations that the Bank of Canada will raise interest rates in December.
The Canadian bond prices eased on Friday alongside US government debt in a largely uneventful session as the weak wholesale trade data did not dissuade traders from expectations that the Bank of Canada will raise interest rates in December.
US corporate bond spreads ended mixed on Friday as an increased amount of event risk in the market left investors jittery. "Investors definitely have to sweat the details as much as ever because idiosyncratic risk is definitely picking up," said Brian Ars
US corporate bond spreads ended mixed on Friday as an increased amount of event risk in the market left investors jittery. "Investors definitely have to sweat the details as much as ever because idiosyncratic risk is definitely picking up," said Brian Ars
US Treasury debt prices slipped on Friday as a lack of economic data gave investors room to book profits after a three-day rally. This week's gains had pushed yields to their lowest levels in nearly a month, and Friday's dip generated only a modest retrac
US Treasury debt prices slipped on Friday as a lack of economic data gave investors room to book profits after a three-day rally. This week's gains had pushed yields to their lowest levels in nearly a month, and Friday's dip generated only a modest retrac
European shares, which set new multi-year highs on Friday, are expected to make more gains next week as inflationary pressures ease and mostly solid corporate earnings herald better times to come, market commentators said.
Argentine stocks closed mostly steady in cautious trade on Friday as the market digested gains from a calmer investment environment in Brazil and strong growth in the Argentine economy.
Chilean stocks rose for a third consecutive day in heavy trade on Friday, led by electric utility companies as investors returned to the market while the peso lost ground to the dollar.
A fall in the heavyweight energy group on the back of weaker crude prices pushed Toronto stocks a bit lower on Friday, but a surge in the tech sector, inspired by strong Hewlett-Packard Co earnings, limited losses.
The Brazilian stocks ended higher for the third straight day on Friday. The Sao Paulo Stock Exchange's benchmark Bovespa index edged up 0.05 percent to 31,102.3 points after two days of strong gains, with healthy financial volume of 2.17 billion reais, up