Premiums on sugar from Thailand, Asia's largest exporter of it, are expected to hold firm over the next few days, backed by demand in Asia, traders said on Tuesday.
President General Pervez Musharraf has directed implementation of proposals submitted by the parliamentary committee on Balochistan. According to a private TV channel on Tuesday, the President made this directive during a meeting with former prime ministe
Copper futures were on the defensive on Tuesday after tumbling more than 3 percent in London trade on heavy technical selling, but they found some support around lows on solid bargain-hunting.
President General Pervez Musharraf has directed implementation of proposals submitted by the parliamentary committee on Balochistan. According to a private TV channel on Tuesday, the President made this directive during a meeting with former prime ministe
Oil prices steadied on Tuesday after a slide the previous day as dealers expected Opec to hold production at near-maximum levels at its meeting this week and eyed the possibility of a last-minute nuclear deal with Iran.
Prime Minister Shaukat Aziz on Tuesday gave a detailed overview of economic reforms to British investors and asked them to see themselves the remarkable progress Pakistan had made in creating conducive investment environment during last few years.
Prime Minister Shaukat Aziz on Tuesday gave a detailed overview of economic reforms to British investors and asked them to see themselves the remarkable progress Pakistan had made in creating conducive investment environment during last few years.
Silver recovered from a fall below the psychologically important level of $10 an ounce on Tuesday, while gold rose on renewed buying interest from jewellers and speculators in Asia.
Prime Minister Shaukat Aziz on Tuesday gave a detailed overview of economic reforms to British investors and asked them to see themselves the remarkable progress Pakistan had made in creating conducive investment environment during last few years.
Tokyo gold futures dropped more than 1 percent on Tuesday as falls in oil prices and the dollar-denominated bullion price prompted Japanese investors to lock in profits, though the long-term trend remains bullish.
Three separate bomb blasts ripped through the holy Hindu city of Varanasi in India on Tuesday, killing at least 21 people and wounding 62 at a crowded temple and a railway station.
US gold futures settled a volatile session down nearly 2 percent on Monday amid chart-based selling, with additional pressure seen from weaker oil prices and a firmer US dollar, sources said.
Three separate bomb blasts ripped through the holy Hindu city of Varanasi in India on Tuesday, killing at least 21 people and wounding 62 at a crowded temple and a railway station.
US copper futures prices fell more than 3 percent on Monday in a speculative technical sell-off that followed a report showing US factory orders tumbled in January, traders said.
Afghanistan fuelled a row with Pakistan Tuesday when it reiterated calls for its neighbour to stop cross-border raids by militants the same way it did during Afghan elections nearly two years ago.
Shares in Norwegian salmon farmer Pan Fish leapt as much as 26 percent on Tuesday after it agreed to buy rival Marine Harvest for 1.3 billion euros ($1.6 billion) to become the world's biggest fish farmer.
Prime Minister Shaukat Aziz on Tuesday urged Merill Lynch Bank to participate in the privatisation process in Pakistan. He made these remarks during call on him by the Chairman of Merill Lynch Kavan Watt here on Tuesday.
Shares in Norwegian salmon farmer Pan Fish leapt as much as 26 percent on Tuesday after it agreed to buy rival Marine Harvest for 1.3 billion euros ($1.6 billion) to become the world's biggest fish farmer.
The vice chancellor University of Sindh, Mazharul Haq Siddiqui, on Monday visited the Faculty of Arts to select suitable place for establishing radio and mini television by the department of Mass Communication of the university.
US benchmark coffee futures slid 2.8 percent on Monday, pressured by funds and speculators taking profits when the contract failed to attract new buying near a recent three-week high, market sources said.
Spanish Foreign Minister Miguel Angel Moratinos called on President Pervez Musharraf on Tuesday. He is the first ever Spanish foreign minister to visit Pakistan.
British pickle-maker Premier Foods said on Tuesday it had increased operating profit by 18.2 percent in 2005 on sales boosted 6 percent by three major acquisitions.
Spanish Foreign Minister Miguel Angel Moratinos called on President Pervez Musharraf on Tuesday. He is the first ever Spanish foreign minister to visit Pakistan.
British pickle-maker Premier Foods said on Tuesday it had increased operating profit by 18.2 percent in 2005 on sales boosted 6 percent by three major acquisitions.
The Pakistani importers have resumed importing Iranian steel products after a month's break due to the skyrocketing international prices of this commodity and less transit time from the neighbouring country, trade sources told Business Recorder on
Kenya projects its coffee output to be 52,000 tonnes in 2005/06 (October-September) season if rains on the drought-stricken land keep falling, the Coffee Board of Kenya (CBK) said on Monday.
The Pakistani importers have resumed importing Iranian steel products after a month's break due to the skyrocketing international prices of this commodity and less transit time from the neighbouring country, trade sources told Business Recorder on
Russia's grain exports in February dropped for the second month in a row to 0.45 million tonnes, from 0.8 million tonnes in January. Despite the decline, Russia's total grain exports in 2005/06 are seen at 12.5 million tonnes, compared with 9.1 million to
The Pakistani importers have resumed importing Iranian steel products after a month''s break due to the skyrocketing international prices of this commodity and less transit time from the neighbouring country, trade sources told Business Recorder on
Russian dairy and juice maker Wimm-Bill-Dann expects good results for 2005 and could start paying dividends as the firm had corrected past mistakes, it said on Tuesday.
Alliance for the Restoration of Democracy (ARD) on Tuesday demanded installation of a consensus interim government before elections, saying the days of military government are numbered.
Russian dairy and juice maker Wimm-Bill-Dann expects good results for 2005 and could start paying dividends as the firm had corrected past mistakes, it said on Tuesday.
Alliance for the Restoration of Democracy (ARD) on Tuesday demanded installation of a consensus interim government before elections, saying the days of military government are numbered.
Spring wheat futures at the Minneapolis Grain Exchange settled mostly lower on Monday, following the weak trend set in the Chicago and Kansas City wheat markets amid outlooks for rain in the US Plains, traders said.
Prime Minister Shaukat Aziz on Tuesday while regretting the "unjustified profiling of Muslims and vilification" called for bridging "dangerous divide" between Islam and the West and dialogue for interfaith harmony and understanding.
US cocoa futures edged lower on Monday, reversing early gains, amid the dollar's recovering value against sterling in a quiet session marked by thin trading volume, traders said.
Equities on Tuesday recovered on the back of support from financial institutions and leading brokerage houses, though placing bids in fewer stocks yet helping the index to close on a positive note.
Little business was again witnessed on the grain market on Tuesday as buyers kept on the sideline, dealers said. On the seed side, cottonseed oilcake with bag good type gained Rs 5 to Rs 540 while the low type maintained the same level at Rs 525, they add
Equities on Tuesday recovered on the back of support from financial institutions and leading brokerage houses, though placing bids in fewer stocks yet helping the index to close on a positive note.
The trading on dyes sector showed mixed trend on Jodia Bazar on Tuesday. The following variations were seen in China Ten Jin sky blue 5B down Rs 2 to Rs 90, Pakistan dyes black EX up Rs 5 to Rs 120, Chrasamine G up Rs 2 to Rs 118, acid dyes India blue V u
Equities on Tuesday recovered on the back of support from financial institutions and leading brokerage houses, though placing bids in fewer stocks yet helping the index to close on a positive note.
The average price of Bangladesh teas plunged more than 20 percent to 54.59 taka ($0.8) per kg on poor quality at the penultimate weekly auction on Tuesday, brokers said.
The Central Board of Revenue (CBR) is planning to collect information about investment made in shares, credit cards and bookings in five-star hotels to bring the potential taxpayers into the tax net, and some 100-150 leading sales tax, customs and income
The Central Board of Revenue (CBR) is planning to collect information about investment made in shares, credit cards and bookings in five-star hotels to bring the potential taxpayers into the tax net, and some 100-150 leading sales tax, customs and income
The Central Board of Revenue (CBR) is planning to collect information about investment made in shares, credit cards and bookings in five-star hotels to bring the potential taxpayers into the tax net, and some 100-150 leading sales tax, customs and income
Wheat futures at the Chicago Board of Trade closed lower on Monday on forecasts for rain in the US Plains and disappointing export news from Iraq, traders said.
Equities recovered some of Monday's losses on Lahore Stock Exchange (LSE) amid ascending transaction volume on account of fresh buying. The LSE-25 index improved by 93.26 points, closing at 5424.07 against 5330.81 of Monday.
Corn futures at the Chicago Board of Trade fell 2-1/2 percent on Monday amid the global spread of bird flu and sliding outside markets including gold and crude oil, traders said.
Equities recovered some of Monday's losses on Lahore Stock Exchange (LSE) amid ascending transaction volume on account of fresh buying. The LSE-25 index improved by 93.26 points, closing at 5424.07 against 5330.81 of Monday.
Spot basis bids for corn and soyabeans were mostly steady around the US Midwest early on Tuesday, but river dealers raised bids slightly due to improving export demand.
Equities partially recovered at the Islamabad Stock Exchange (ISE) where bears handed over the floor to the bulls amid increase in index. ISE Ten index showed an improvement of 17.00 points, as the ten index moved from 3,147.74 to 3,164.74 points.
Increasing global demand for soyaoil boosted combined exports by the world's biggest producers to a record high in September/January 2005/06, Hamburg-based industry publication Oil World said.
Equities partially recovered at the Islamabad Stock Exchange (ISE) where bears handed over the floor to the bulls amid increase in index. ISE Ten index showed an improvement of 17.00 points, as the ten index moved from 3,147.74 to 3,164.74 points.
US FOB Gulf soyabean basis offers jumped on Monday amid tight supplies and talk of China in the market, while corn was slightly higher and wheat was steady, traders said.
Italian utility Enel is looking for a partner to buy Suez's water business as it considers making an offer for the French utility, sources familiar with the situation said on Tuesday.
Spot basis bids for hard red winter wheat were steady on Tuesday, with wheat demand noted in some spot locations but Gulf business still thin, merchants said.
Three Christian peace activists held hostage in Iraq were shown in a video aired on Al Jazeera television on Tuesday, but the fourth captive, an American, was not seen. The men, who were kidnapped in November, called on Gulf Arab leaders and their own gov
Some of China's largest steel firms expect to raise output in 2006, but their executives said this week that consolidation and closures would still slow national output growth from last year's blistering pace.
European planemaker Airbus said on Tuesday it would progressively phase out the final assembly of its A300 and A310 planes and aimed to complete this process by July 2007.
The parliament of Bosnia's Muslim-Croat federation on Tuesday adopted the 2006 budget which the International Monetary Fund (IMF) and the World Bank have said would breach agreements with them.
The Karachi Port handled 84,222 tonnes of cargo including 53,847 tonnes import and 30,375 tonnes export cargo including 1,207 containers during last 24 hours ending at 0700 hours on Tuesday.
China and Japan have failed to agree on how to develop oil and gas reserves in disputed areas of the East China Sea, Kyodo news agency reported on Tuesday.
Singapore bunker prices were unchanged on Tuesday, while differentials to cargo values rose, as sellers collectively tried to floor the recent slide, traders said.
The global wind energy industry is expected to enjoy continued strong growth in coming years with total installed capacity seen more than tripling from current levels by 2014, an industry survey showed on Tuesday.
Grain exports from the French port of Rouen totalled 440,594 tonnes in February, comprising 337,029 tonnes of wheat and 103,565 tonnes of barley, port officials said on Tuesday.
Prime Minister Shaukat Aziz will pay an official two-day visit to Jordan from 8 March to 9 March, a Foreign Office spokesperson said on Tuesday. The Prime Minister who is currently in the United Kingdom will visit Jordan at the invitation of his Jordanian
Ukraine plans to intervene on the domestic sugar market to lower prices, but has not decided to start sugar imports yet, a senior government official said on Tuesday. Deputy Prime Minister Yuri Melnyk said the government would also limit trade profits on
India has registered "strong protests" with Pakistan over the construction of new bunkers on their heavily-militarised border, a minister said on Tuesday.
India has registered "strong protests" with Pakistan over the construction of new bunkers on their heavily-militarised border, a minister said on Tuesday.
Troops on Tuesday searched for two pro-Taleban clerics accused of instigating the worst fighting near the Afghan border since the start of the "war on terror", officials said.
The government is considering taking a lenient view on serving one-dish at marriage ceremonies in a bid to provide much-needed boost to the poultry industry, which is in severe crisis due to bird flu rumours being aired by some vested interests having ult
Members of Jaranwala Bar Association boycotted the courts' proceedings on Tuesday in protest to condemn the murder of two prisoners in the premises of Session Courts in Jaranwala.
The US Consul General at Karachi Marry Witt met the Sindh Governor Dr Ishrat-ul-Ibad Khan at the Governor House here on Monday evening. In the meeting views were exchanged on various important matters including the recent bomb blast.
The Ministry of Industries, Production and Special Initiative has failed to finalise the draft of country's maiden industrial policy after one year of its circulation to the stakeholders and putting it on the official web site of the ministry for comments
US non-farm business productivity fell less sharply in the fourth quarter than first thought, the government said on Tuesday in a report showing the lingering effects of Gulf Coast hurricanes.
The Ministry of Industries, Production and Special Initiative has failed to finalise the draft of country's maiden industrial policy after one year of its circulation to the stakeholders and putting it on the official web site of the ministry for comments
The Ministry of Petroleum (MoP) and Hydrocarbon Development Institute of Pakistan (HDIP) have strongly opposed blending of ethanol with petrol, saying that the proposition is not viable, economically, for Pakistan and any such decision would leave more su
The Ministry of Industries, Production and Special Initiative has failed to finalise the draft of country''s maiden industrial policy after one year of its circulation to the stakeholders and putting it on the official web site of the ministry for comment
Spain has offered micro-credit facility with an initial equity of 10 million euros, Foreign Minister Khurshid Mahmood Kasuri said after talks with the visiting Spanish Foreign Minister Miguel Angel Moratins here on Tuesday.
Spain has offered micro-credit facility with an initial equity of 10 million euros, Foreign Minister Khurshid Mahmood Kasuri said after talks with the visiting Spanish Foreign Minister Miguel Angel Moratins here on Tuesday.
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
Spain has offered micro-credit facility with an initial equity of 10 million euros, Foreign Minister Khurshid Mahmood Kasuri said after talks with the visiting Spanish Foreign Minister Miguel Angel Moratins here on Tuesday.
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
In pursuance of the Bush-Musharraf parleys here last week, US Secretary of Energy, Samuel W Bodman, would be visiting Pakistan within the "next few weeks", to discuss the setting up of an energy working group, US official told Foreign Minister Khurshid Me
President General Pervez Musharraf has summoned the Senate to meet in the Parliament House here on Friday, (March 10) at 10:00 am. The session has been summoned by the President, in exercise of the powers conferred by Clause 1 of Article 54 of the Constit
The Federal government is working on a plan to help the knitwear and garment industry for developing better quality skilled manpower through training programmes in industrial units.
The Lahore High Court (LHC) has directed former president Lahore High Court Bar Association (LHCBA) Ahmed Javed Jillani to visit the cattle market in Sabzazar Scheme Lahore and submit his report before the court on Thursday (March 9).
Society for the Protection of the Rights of the Child (Sparc) organised a one-day consultation on "The role of police under the Juvenile Justice System Ordinance (JJSO) 2000". The consultation was attended by police officers, representatives of social wel