World Trade Organisation (WTO) chief Pascal Lamy presented his blueprint on Saturday for a crucial trade summit next month, saying he hoped it would speed the search for a global free trade deal.
China's brokerages plan to list the country's first covered warrants, on Wuhan Iron and Steel Co, on Monday, a move that Beijing encouraged to spur markets and offer cash-strapped securities houses a new income source.
China's brokerages plan to list the country's first covered warrants, on Wuhan Iron and Steel Co, on Monday, a move that Beijing encouraged to spur markets and offer cash-strapped securities houses a new income source.
An Indian business tycoon with a penchant for adventure created a new hot-air balloon altitude record on Saturday, touching the edge of space in a climb to nearly 70,000 feet (21,336 metres).
German chipmaker Infineon may buy a Japanese auto- or industrial electronics firm after the sale of its memory business, Chief Executive Wolfgang Ziebart said in an interview published on Saturday.
Saudi Arabia's central bank has tightened limits on consumer lending after a surge in credit, which has helped drive Saudi shares to record highs, bankers said on Saturday.
Shanghai copper futures climbed for a second straight session on Friday, driven by higher international prices and expectations of lower inventories in futures exchange warehouses.
Indian soyaoil futures rose slightly on Friday on lower market arrivals while gold climbed as the metal hit its highest price in Asia in 18 years and wheat gained marginally after slipping most of the week.
Most buyers held back from the rubber market waiting for prices to fall on Friday as profit-taking hit Tokyo futures, but dealers said supply concerns might cushion further falls in prices.
Purchasing by German coffee roasters was depressed this week by the closure of US markets for the Thanksgiving holiday and by the transfer of positions to the March contract, traders said on Friday.
Spring wheat futures on the Minneapolis Grain Exchange closed mostly higher on Friday on commercial buying and bullish export data for US spring wheat, traders said.
Philippine feedmillers have bought 44,000 tonnes of Chinese wheat for arrival next year, traders said on Friday, taking the total purchases from the same origin to 79,000 tonnes in the past week.
With a reduction in sugar prices threatening the economies of sugar-producing small island developing states (SIDS), their top officials have called on the World Trade Organisation (WTO) Ministerial Conference, meeting in Hong Kong next month, to pay grea
World oil prices rallied this week as temperatures dropped in the United States and western Europe, sparking demand for heating fuel. Gold prices closed in on 500 dollars per ounce for the first time in 18 years while aluminium struck the highest level fo
With the bigger US treasury market open for half the session, there was little influence on Canadian bonds, which finished just about unchanged with a negative bias on Friday.
With the bigger US treasury market open for half the session, there was little influence on Canadian bonds, which finished just about unchanged with a negative bias on Friday.
Argentine stocks dipped lower on Friday in quiet trade and in the absence of market-moving news investors focused on rumours Economy Minister Roberto Lavagna might resign, despite an official denial by his office.
Mexican stocks climbed nearly 1 percent on Friday after the central bank eased interest rates to bolster economic growth. Stock market gains were led by recently beaten down airline holding company Cintra and blue chip America Movil.
US corporate bond spreads were mostly unchanged on Friday and activity was very light as trading desks remained thinly staffed after Thursday's Thanksgiving holiday.
US corporate bond spreads were mostly unchanged on Friday and activity was very light as trading desks remained thinly staffed after Thursday's Thanksgiving holiday.
A widely anticipated euro zone interest rate rise, the first in five years, and all-important US jobs data will drive sentiment on European stock markets next week, overshadowing the tail-end of the earnings season.
Brazilian benchmark stock index dipped from all-time record highs on Friday set in the previous session. At the Sao Paulo Stock Exchange, the benchmark Bovespa index slipped 0.08 percent to 31,919 in quiet trade following the Thanksgiving holiday in the U
Chilean blue chips rose on Friday, although they were held back by a sharp drop in shares of retailer Cencosud after criticism from Argentine president Nestor Kirchner, while the peso closed unchanged.
Toronto stocks ended lower on Friday as investors grabbed for profits after Thursday's 162-point surge, but a rally by gold-mining issues helped limit the slide.
Corporate and high yield bonds are set to be the worst performing debt investments in 2006, as rising levels of interest rates, defaults and leverage take their toll, Schroder Investment Management said on Friday.
Corporate and high yield bonds are set to be the worst performing debt investments in 2006, as rising levels of interest rates, defaults and leverage take their toll, Schroder Investment Management said on Friday.
Emerging debt risk spreads edged to their tightest levels ever on Friday after a week of good news for high-yield investors which included a possible end to the Federal Reserve's campaign for higher interest rates and some support for Brazil's finance min
Emerging debt risk spreads edged to their tightest levels ever on Friday after a week of good news for high-yield investors which included a possible end to the Federal Reserve's campaign for higher interest rates and some support for Brazil's finance min
US stocks rose on Friday, extending November's rally and giving the three major indexes their fifth straight week of gains, as the start of the holiday shopping period put visions of profits in investors' heads.
Brazil's currency ended firmer on Friday despite a central bank intervention to buy dollars, while the benchmark stock index dipped from all-time record highs set in the previous session.
The dollar climbed to a 27-month peak against the yen in holiday-thinned trade on Friday, boosted by the market's renewed belief that rising US interest rates will favour the greenback in the near term.
The Canadian dollar drifted higher against the US dollar in a modest range on Friday, while bonds were flat in the absence of a catalyst to provide direction.
Indian superstar Sachin Tendulkar will smash all batting records before he quits international cricket, according to former Pakistan captain Wasim Akram.
Former Australian captain Allan Border on Saturday congratulated West Indian batting great Brian Lara for overtaking him as the greatest run-scorer in Test cricket.
The top 10 runscorers in Test cricket after Brian Lara's innings of 226 for the West Indies in the third Test against Australia at Adelaide Oval on Saturday (under Tests, innings, not out, runs, highest score, 100s, 50s, average):
All-rounder Ian Blackwell will replace left-arm spinner Ashley Giles in the England squad for next month's five one-day internationals against Pakistan, an official said on Saturday.
West Indian batting superstar Brian Lara Saturday became the greatest runscorer in Test cricket during his epic double-century in the third cricket Test against Australia at Adelaide Oval.
Justin Langer fell for 99 four balls from stumps in a late blow for Australia after Brian Lara stole the show for the West Indies with a double-century to become Test cricket's all-time leading runscorer in the third Adelaide Test on Saturday.
Police in Azerbaijan's capital used truncheons and water cannon on Saturday to break up a protest by opposition supporters complaining of vote fraud in an election earlier this month.
Egyptian police restricted voting in areas contested by the opposition Muslim Brotherhood on Saturday and detained hundreds of Islamists trying to build on early success in parliamentary elections.
Saudi women voted Saturday to pick a board for the Jeddah Chamber of Commerce and Industry at the start of elections in which 17 of them are standing as candidates for the first time in the conservative kingdom.
A car bomb exploded near a passing US military patrol in Baghdad on Saturday, killing four passers-by and wounding four others, Iraq's Interior Ministry said, but the US patrol escaped unharmed.
The US military admitted on Saturday that its soldiers in Afghanistan had burned the bodies of two dead Taleban guerrillas and taunted insurgents about it, but had not meant it as a desecration.
President George W. Bush, under political pressure to change his Iraq policy, on Saturday thanked the families of troops killed in the war for their sacrifice as peace activists prepared to rally at this town near his Texas ranch.
A Japanese space probe made history on Saturday when it landed on the surface of an asteroid and then collected rock samples that could give clues to the origin of the solar system.
Iran encouraged North Korea to pursue its nuclear programme with an offer of free oil and natural gas, according to a press report quoting Western intelligence officials.
State Bank governor Dr Ishrat Hussain has been appointed as President's Relief Fund (PRF) monitoring committee chairman. The seven-member committee would monitor audits of the President's Relief Fund, a private television channel reported.
The State Bank of Pakistan (SBP) has extended, up to June 30, 2006, the deadline for receiving Computerised National Identity Cards (CNIC) by commercial banks from their customers.
The State Bank of Pakistan (SBP) has granted Islamic banking licence to Dubai Islamic Bank Pakistan Limited. Dr Ishrat Husain, Governor, SBP, presented the licence to Arif Alkooheji, Executive Vice-President, Dubai Islamic Bank Pakistan Limited, at a simp
The State Bank of Pakistan (SBP) has granted Islamic banking licence to Dubai Islamic Bank Pakistan Limited. Dr Ishrat Husain, Governor, SBP, presented the licence to Arif Alkooheji, Executive Vice-President, Dubai Islamic Bank Pakistan Limited, at a simp
The State Bank of Pakistan (SBP) has granted Islamic banking licence to Dubai Islamic Bank Pakistan Limited. Dr Ishrat Husain, Governor, SBP, presented the licence to Arif Alkooheji, Executive Vice-President, Dubai Islamic Bank Pakistan Limited, at a simp
Attorney General of Pakistan has announced that official counting of votes cast in the elections of Pakistan Bar Council (PBC) will be held on December 1, 2005. Makhdoom Ali Khan acting as returning officer PBC has asked the newly elected PBC members to a
Philippine Chargé d'affaires in Pakistan Ms Maria Agnes Cervantes has said there are bright prospects of establishing joint ventures between the Philippines and Pakistan.
Ministry of Interior has allowed repatriation of 12 Indian prisoners, who were languishing in Sindh prisons for several years and Islamabad has informed Delhi about their release. However it could not be decided when they would be handed over to the India
In order to resolve the accommodation problems confronting the industrial workers, the construction work on second labour colony of Sialkot costing Rs 780 million would be started shortly.
Updating international trade law to take account of new technologies, the United Nations General Assembly (UNGA) has adopted a new convention on using electronic communications in international contracting, superseding the law negotiated before the develo
A group of 64 children of Southern Punjab who were being used as camel jockeys in United Arab Emirates would be returned home in a couple of days from Lahore where they arrived at the Allama Iqbal International Airport on Friday.
The 2nd National Conference on Agriculture and Animal Sciences in its concluding session presented recommendations addressing all aspects of agriculture and animal production in Pakistan, keeping in view the challenges posed by the 'Agenda 21' declared by
While observing 21st death anniversary on Friday, writers and poets paid rich tributes to Faiz Ahmed Faiz in a function arranged by Pakistan Academy of Letters, Peshawar Chapter, at Urdu Science Board, Peshawar.
Punjab government has identified more than 300 secondary schools in the province, which would be equipped with the update science laboratories under the Second Science Education Project with the financial assistance of Asian Development Bank (ADB) within
Recognising that access to wireless communications and mobility infrastructure is a key component to foster collaborative learning, Intel has unwired more than 300 universities across the region, benefiting more than 400,000 students.
When politicians from around the world meet this week to talk about climate change, young people who will have to live with the consequences of their action or inaction will be nearby, ready to speak out.
"Developments in E-Commerce will have a profound effect on the role of management accounting systems, internal auditing and internal control." The question arises, "Are the accountants adequately prepared for the impending changes in their power, relevanc
According to a Recorder Report from Islamabad (November 26), the Fishing Policy 2001 is being revised to safeguard the prospects of foreign direct investment in the fish industry, and to improve economic conditions of small-scale fishermen.
It is a measure of the Sindh government's apathy that the 1992 Bonded Labour System Abolition Act continues to remain unimplemented despite lapse of 13 long years. The vigilance committees constituted under the Act in 23 districts have failed to evolve an
The Centre for International Private Enterprise (CIPE), a non-profit affiliate of the US Chamber of Commerce, Washington has opened a field office in Karachi.
The Lahore Chamber of Commerce and Industry (LCCI) in collaboration with AlBaraka Islamic Bank is holding a seminar on 'Islamic Banking' at LCCI on Tuesday November 29 at 11:00 am.
A five-member delegation of Chinese medicine experts from the State Administration of Traditional Chinese Medicine (SATCM) on Friday visited Hamdard University to discuss Bilateral Exchange Programme in Traditional Medicine with the Vice Chancellor, Profe
Justice Rana Baghwandas, the senior-most judge of the Supreme Court after Chief Justice of Pakistan, took oath here on Saturday as Acting Chief Justice of Pakistan. Justice Javed Iqbal administered oath in the oath-taking ceremony held in the Ceremonial H
An avian flu early warning system, able to alert countries and communities about the arrival of potentially infected wild birds, was to be developed by an alliance of organisations led by the United Nations.
Agriauto Industries Limited, manufacturer of auto parts, has achieved the distinction of being the first company in Pakistan to have received the certification of ISO/TS 16949-2002.
Pakistan's first international exhibition on machine tools and automation industry, co-locating auto & auto parts industry exhibition, concluded on Saturday here after rewarding its participants with large scale orders and unmatched business leads.
World Health Organisation (WHO) Clinical Procedures Co-ordinator Dr Luc Noel on Saturday stressed the need for completely eradicating the menace of illicit sales of human organs, which is done through human trafficking.
The Sindh government has decided that from now onwards the required manpower in education, health, and works and services departments would be hired on contractual basis.
Karachi is presently experiencing an outbreak of Dengue Viral Fever is largely self limiting, however, second infection of it to the same person in later years does lead to Dengue Haemorrhgic Fever and then even to Dengue Shock Syndrome, which could be fa
"To realise the potential of our students and to boost our competitiveness, we must revolutionise our education system with the corresponding rapid changes in the filed of science and technology."
Jamhoori Watan Party Deputy Secretary General Rauf Khan Sasoli has said that the present regime was repeating mistakes of the Bhutto era when a military operation was launched in Balochistan.
Federal Minister for Petroleum and Natural Resources, Amanullah Khan Jadoon said on Saturday that the government was focusing on exploiting indigenous energy resources and chalked out a comprehensive plan to generate 20,000 MW electricity by 2019 using co
The Sindh government has constituted a 13-member managing board for to oversee the functioning of the recently revived Sindh Seed Corporation (SSC) regarding production, multiplication, procurement, processing and supplying of basic and certified seed of
SMEDA with its objective to provide business matchmaking services, will facilitate two one-day seminars on November 29 and December 2, to be held in Lahore and Karachi respectively on the French Equipment & Technologies for the Agro-Food Industry.
The Federal Government is implementing 'Financial Reporting and Auditing Project' to improve governance and accountability, with the co-operation of International Development Association (IDA) of World Bank.
The government is likely to grant exemption in duties to Crescent Industrial Chemicals Limited (CICL), Karachi, which was earlier deprived of committed incentives given to other investors in Special Industrial Zone (SIZ), Windher (Balochistan), official s
Shahanshah-e-Ghazal Mehdi Hassan who had ruled the world of music for half a century is losing speaking power fast, according to a private TV channel report on Saturday.
A former federal information and broadcasting minister, Javed Jabber, has suggested that Pakistan Electronic Media Regulatory Authority (Pemra) should be under the direct control of National Assembly Speaker, Senate Chairman and Leader of the Opposition t
The Cabinet Committee on Fund Raising from business community for earthquake survivors has realised more than Rs 8.4 billion and it is continuing efforts to get more funds from other business groups.
To mark the 57th death anniversary of M. Rafi Butt, a close aide of Quaid-e-Azam Mohammad Ali Jinnah, Jinnah Rafi Foundation, is holding a function at a local hotel on Sunday November 27 at 3.00 pm. Senator Sartaj Aziz, Sardar Aseff Ahmad Ali, S.M. Zafar