AGL 39.50 Decreased By ▼ -0.50 (-1.25%)
AIRLINK 131.70 Increased By ▲ 2.64 (2.05%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.73 Increased By ▲ 0.24 (5.35%)
DCL 8.49 Decreased By ▼ -0.06 (-0.7%)
DFML 41.45 Increased By ▲ 0.63 (1.54%)
DGKC 82.15 Increased By ▲ 1.19 (1.47%)
FCCL 33.25 Increased By ▲ 0.48 (1.46%)
FFBL 72.58 Decreased By ▼ -1.85 (-2.49%)
FFL 12.40 Increased By ▲ 0.66 (5.62%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.18 Decreased By ▼ -0.13 (-2.45%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 38.85 Increased By ▲ 0.25 (0.65%)
NBP 63.78 Increased By ▲ 0.27 (0.43%)
OGDC 192.51 Decreased By ▼ -2.18 (-1.12%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 153.85 Decreased By ▼ -1.60 (-1.03%)
PRL 25.85 Increased By ▲ 0.06 (0.23%)
PTC 17.75 Increased By ▲ 0.25 (1.43%)
SEARL 82.10 Increased By ▲ 3.45 (4.39%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.60 Increased By ▲ 0.33 (2.03%)
TRG 57.49 Decreased By ▼ -0.73 (-1.25%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,495 Increased By 50 (0.48%)
BR30 31,202 Increased By 12.3 (0.04%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)
Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-04-26
Message from City Nazim Karachi

Message from City Nazim Karachi

I am very happy to learn that National Forum for Environment & Health is holding a national conference on Corporate Social Responsibility. We at the City District Government of Karachi have seen how in so many different sectors, the application of Corpora
Published 26 Apr, 2006 12:00am
Message from Governor Sindh

Message from Governor Sindh

On behalf of the Government of Sindh, I would like to acknowledge the tremendous contribution of the corporate sector in the fields of health, social welfare, sports, education etc and assure them of the support of my Government in whatever steps they tak
Published 26 Apr, 2006 12:00am
Message from Minister of State for Environment Government of Pakistan

Message from Minister of State for Environment Government of Pakistan

I am very pleased to know that National Forum for Environment & Health is organizing a conference on Corporate Social Responsibility. The choice of the theme, CSR: the Human Face of Business is in itself indicative of the importance attached to the concep
Published 26 Apr, 2006 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

I am very pleased to know that National Forum for Environment & Health is organizing a conference on Corporate Social Responsibility. The choice of the theme, CSR: the Human Face of Business is in itself indicative of the importance attached to the concep
Published 26 Apr, 2006 12:00am
NJI: Your best security

NJI: Your best security

Established in 1953, NJI is the most reputable name in the insurance sector. Sustained growth over half a century has secured NJI a place among the "Big Three" Pakistani insurers in terms of gross premium. Besides being rated "AA" by PACRA and JCR-VIS, ou
Published 26 Apr, 2006 12:00am
Six killed, 28 injured in Indian occupied Kashmir

Six killed, 28 injured in Indian occupied Kashmir

Six people were killed on Tuesday in separate shooting incidents in Indian Occupied Kashmir while 28 people, including eight children, were hurt in a landmine explosion and a grenade attack, police said.
Published 26 Apr, 2006 12:00am
Six killed, 28 injured in Indian occupied Kashmir

Six killed, 28 injured in Indian occupied Kashmir

Six people were killed on Tuesday in separate shooting incidents in Indian Occupied Kashmir while 28 people, including eight children, were hurt in a landmine explosion and a grenade attack, police said.
Published 26 Apr, 2006 12:00am
LDN Global Exhibitions

LDN Global Exhibitions

LDN Global Exhibitions, is one of the leading companies in its field, organizes the national participations, national and international events in Turkey and abroad. With an experience of 12 years of event management, LDN undersigns more than 10 events thi
Published 26 Apr, 2006 12:00am
Allocation for 2500 tractors to ''Hero'' withheld

Allocation for 2500 tractors to ''Hero'' withheld

The Ministry of Industries and Production has withheld its decision to allocate 2500 tractors to Hero Tractors Limited, after Sindh High Court (SHC) stayed duty-free tractors import scheme, it is learnt.
Published 26 Apr, 2006 12:00am
MB Textile Corporation

MB Textile Corporation

Company has carved out an honorable name in the comity of Textile the world over through its continued practice of fair dealing for the last 40 years.
Published 26 Apr, 2006 12:00am
Allocation for 2500 tractors to 'Hero' withheld

Allocation for 2500 tractors to 'Hero' withheld

The Ministry of Industries and Production has withheld its decision to allocate 2500 tractors to Hero Tractors Limited, after Sindh High Court (SHC) stayed duty-free tractors import scheme, it is learnt.
Published 26 Apr, 2006 12:00am
Pakistan-China friendship: A history of deep-rooted relations

Pakistan-China friendship: A history of deep-rooted relations

First of all I would like to welcome you in Pakistan. It is also privilege for me that I am here to welcome Mr. Wu Xiu Hua and my Chinese friends who have history of deep-rooted relations with the people of Pakistan.
Published 26 Apr, 2006 12:00am
Allocation for 2500 tractors to 'Hero' withheld

Allocation for 2500 tractors to 'Hero' withheld

The Ministry of Industries and Production has withheld its decision to allocate 2500 tractors to Hero Tractors Limited, after Sindh High Court (SHC) stayed duty-free tractors import scheme, it is learnt.
Published 26 Apr, 2006 12:00am
US firm keen to set up offshore LNG terminal at Port Qasim

US firm keen to set up offshore LNG terminal at Port Qasim

Excelerate Energy, Texas, a US-based company, has expressed interest to set up an offshore liquefied natural gas (LNG) terminal at Port Qasim, which will have storage capacity of 3 billion cubic feet of LNG.
Published 26 Apr, 2006 12:00am
Notification for cement import may be issued soon

Notification for cement import may be issued soon

The government is expected to soon issue the notification pertaining to rebate of Rs 60 per bag for import cement, paving the way to increase the quantum of supply to meeting the local demand.
Published 26 Apr, 2006 12:00am
Pak-China develop mechanism against drug crimes

Pak-China develop mechanism against drug crimes

Pakistan and China have developed an effective mechanism of co-operation at bilateral and regional levels against cross border drug crimes. Ministry of Narcotics Control Secretary Ismail Hassan Niazi stated this, who was here to attend a regional meeting
Published 26 Apr, 2006 12:00am
Ties with US historic: Prime Minister

Ties with US historic: Prime Minister

Prime Minister Shaukat Aziz said on Tuesday Pakistan and US enjoy historic, broad-based relationship; have shared interests and Pakistan is working to build a long-lasting relationship with US.
Published 26 Apr, 2006 12:00am
Message from Managing Director Conference & Exhibition Management

Message from Managing Director Conference & Exhibition Management

We are delighted to jointly present IGATEX Pakistan 2006, the 5th International Textile, Garment Machinery & Accessories Exhibition from 26 - 29 April 2006. IGATEX Pakistan has indeed evolved into a distinguished and outstanding world class event spanning
Published 26 Apr, 2006 12:00am
Suspected Afghan bomber among five killed in blast

Suspected Afghan bomber among five killed in blast

A suspected Afghan bombmaker and four members of his family were killed when an explosive device he was building blew up in their home near Quetta, police said Tuesday. The man's wife, mother-in-law, brother and three-year-old son died in the blast on the
Published 26 Apr, 2006 12:00am
Message from Governor Sindh

Message from Governor Sindh

On behalf of the Government and people of Sindh, I greet all the overseas trade visitors and exhibitors to the 5th International Garment and Textile Machinery & Accessories Exhibition 2006, the largest Garment and Textile Machinery Exhibition ever held in
Published 26 Apr, 2006 12:00am
Suspected Afghan bomber among five killed in blast

Suspected Afghan bomber among five killed in blast

A suspected Afghan bombmaker and four members of his family were killed when an explosive device he was building blew up in their home near Quetta, police said Tuesday. The man's wife, mother-in-law, brother and three-year-old son died in the blast on the
Published 26 Apr, 2006 12:00am
Message from Minister of State for Privatisation & Investment

Message from Minister of State for Privatisation & Investment

I am delighted to support the 5th International Garment and Textile Machinery & Accessories Exhibition, scheduled to take place in Karachi. It is a matter of great pleasure for the Ministry and Board of Investment to see IGATEX exploring new avenues in bu
Published 26 Apr, 2006 12:00am
Insurgents cripple Iraq oil sector: inspector

Insurgents cripple Iraq oil sector: inspector

Insurgents have succeeded in crippling Iraq's energy industry and the government has ignored calls for help in the battle against corruption and smuggling, the oil ministry's inspector general said on Tuesday.
Published 26 Apr, 2006 12:00am
Message from Federal Minister for Textile Industry

Message from Federal Minister for Textile Industry

I feel great honor to see 5th International Garment and Textile Machinery & Accessories Exhibition 2006 playing significant role in the growth of textile and garment sector in Pakistan.
Published 26 Apr, 2006 12:00am
BP first quarter underlying profit rises

BP first quarter underlying profit rises

BP Plc said its net profits excluding one-off items rose 7 percent - just beating forecasts - in the first quarter compared to last year, thanks to high oil prices and a better refining result than expected.
Published 26 Apr, 2006 12:00am
Message from Federal Minister for Industries and Production

Message from Federal Minister for Industries and Production

The 5th International Garment and Textile Machinery & Accessories Exhibition IGATEX 2006 is being held at a time that is very crucial for our Textile & Garment manufacturers in order to maintain and enhance their share in world markets.
Published 26 Apr, 2006 12:00am
BP first quarter underlying profit rises

BP first quarter underlying profit rises

BP Plc said its net profits excluding one-off items rose 7 percent - just beating forecasts - in the first quarter compared to last year, thanks to high oil prices and a better refining result than expected.
Published 26 Apr, 2006 12:00am
Bulls stage comeback on ISE

Bulls stage comeback on ISE

Bulls returned in the front seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index.
Published 26 Apr, 2006 12:00am
Oil World expects falling rapeseed oil prices

Oil World expects falling rapeseed oil prices

Rapeseed oil prices are likely to fall in the medium term and could pull down sunflower oil prices, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
Published 26 Apr, 2006 12:00am
Bulls stage comeback on ISE

Bulls stage comeback on ISE

Bulls returned in the front seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index.
Published 26 Apr, 2006 12:00am
Singapore bunker fuel prices fall

Singapore bunker fuel prices fall

Singapore bunker prices fell on Tuesday but the differential to cargo prices rose on tightening supplies resulting from short-term berth congestion, traders said.
Published 26 Apr, 2006 12:00am
LSE equities move both ways

LSE equities move both ways

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in positive zone amid ascending transaction volume on account of fresh buying in banking sector shares.
Published 26 Apr, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 75,820 tonnes of cargo including 53,212 tonnes import and 22,608 tonnes export cargo including 3,807 containers during last 24 hours ending at 0700 hours on Tuesday.
Published 26 Apr, 2006 12:00am
LSE equities move both ways

LSE equities move both ways

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in positive zone amid ascending transaction volume on account of fresh buying in banking sector shares.
Published 26 Apr, 2006 12:00am
HRW wheat bids steady, crop suffering

HRW wheat bids steady, crop suffering

Hard red winter wheat basis bids were steady on Tuesday as farmers, millers and merchants alike kept a close eye on development of the drought-stricken new wheat crop.
Published 26 Apr, 2006 12:00am
Talks on nuclear CBMs begin

Talks on nuclear CBMs begin

Pakistan and India opened talks here on Tuesday on nuclear confidence-building measures and minimising risks of an accidental atomic conflict, officials said.
Published 26 Apr, 2006 12:00am
Talks on nuclear CBMs begin

Talks on nuclear CBMs begin

Pakistan and India opened talks here on Tuesday on nuclear confidence-building measures and minimising risks of an accidental atomic conflict, officials said.
Published 26 Apr, 2006 12:00am
US Midwest corn firm, soya mixed

US Midwest corn firm, soya mixed

Spot basis bids for corn were steady to firm around the US Midwest early Tuesday after a drop in futures eroded cash prices while soyabean bids were mixed, grain dealers said.
Published 26 Apr, 2006 12:00am
BRIndex30 records 1.34 percent gain

BRIndex30 records 1.34 percent gain

The BRIndex30 saw a gain of 171.11, or 1.34 percent, with a high of 12,933.63 and low of 12,568.58 before closing at 12,925.97. The volume amounted to 217,245,800, which was 84.71 percent of the total market, and 92.40 percent of KSE-100 index. The volume
Published 26 Apr, 2006 12:00am
Indonesian coffee exports down

Indonesian coffee exports down

Exports of coffee beans in the first quarter of 2006 from Indonesia's key growing region of Sumatra island fell 20.8 percent due to limited stocks, industry data showed on Tuesday.
Published 26 Apr, 2006 12:00am
BRIndex30 records 1.34 percent gain

BRIndex30 records 1.34 percent gain

The BRIndex30 saw a gain of 171.11, or 1.34 percent, with a high of 12,933.63 and low of 12,568.58 before closing at 12,925.97. The volume amounted to 217,245,800, which was 84.71 percent of the total market, and 92.40 percent of KSE-100 index. The volume
Published 26 Apr, 2006 12:00am
Vietnam sees coffee exports rising

Vietnam sees coffee exports rising

Vietnam said on Tuesday it expected to export 557,000 tonnes (9.3 million 60-kg bags) of coffee in the October-April period, the first seven months of the crop year ending in September, up 3.9 percent from a year.
Published 26 Apr, 2006 12:00am
Banking and oil sectors lead KSE rally

Banking and oil sectors lead KSE rally

The Karachi Stock Exchange (KSE) recorded a grand recovery on Tuesday, mostly because the prices in the last six sessions had entered in the oversold zone, attracting investment in oil, gas, and banking sectors.
Published 26 Apr, 2006 12:00am
CBOT wheat futures mostly lower

CBOT wheat futures mostly lower

Wheat futures at the Chicago Board of Trade closed mostly lower on Monday in choppy trade, retreating from early strength as follow-through buying failed to materialise, traders said. "It was a sloppy, choppy day," one wheat trader said.
Published 26 Apr, 2006 12:00am
Banking and oil sectors lead KSE rally

Banking and oil sectors lead KSE rally

The Karachi Stock Exchange (KSE) recorded a grand recovery on Tuesday, mostly because the prices in the last six sessions had entered in the oversold zone, attracting investment in oil, gas, and banking sectors.
Published 26 Apr, 2006 12:00am
Banking and oil sectors lead KSE rally

Banking and oil sectors lead KSE rally

The Karachi Stock Exchange (KSE) recorded a grand recovery on Tuesday, mostly because the prices in the last six sessions had entered in the oversold zone, attracting investment in oil, gas, and banking sectors.
Published 26 Apr, 2006 12:00am
Oil cake market rates

Oil cake market rates

Firmness prevailed in the forward cottonseed oilcake market on Tuesday as supply was tight amid good demand, dealers said. The May vaida started on firm note, showing Rs 1.50 gain to Rs 514.50 and that proved to be day's best at the same level.
Published 26 Apr, 2006 12:00am
World Bank asks CBR to withdraw importation scheme

World Bank asks CBR to withdraw importation scheme

The World Bank (WB) has asked the Central Board of Revenue (CBR) to withdraw the Temporary Importation Scheme, simplify the Duty and Tax Remission for Export (DTRE) rules, and ensure speedy payment of duty drawback to exporters.
Published 26 Apr, 2006 12:00am
Low business, no price change on cotton market

Low business, no price change on cotton market

Thin activity was seen on the cotton market on Tuesday as leading participants showed less interest in routine buying, dealers said. The official spot rate was unchanged at Rs 2425, without upcountry expenses. According to some dealers there were some buy
Published 26 Apr, 2006 12:00am
World Bank asks CBR to withdraw importation scheme

World Bank asks CBR to withdraw importation scheme

The World Bank (WB) has asked the Central Board of Revenue (CBR) to withdraw the Temporary Importation Scheme, simplify the Duty and Tax Remission for Export (DTRE) rules, and ensure speedy payment of duty drawback to exporters.
Published 26 Apr, 2006 12:00am
Prices steady on grain market

Prices steady on grain market

Firm trend was seen on the grain market on Tuesday as major buyers remained on the sidelines due to lack of interest in new purchasing, dealers said.
Published 26 Apr, 2006 12:00am
World Bank asks CBR to withdraw importation scheme

World Bank asks CBR to withdraw importation scheme

The World Bank (WB) has asked the Central Board of Revenue (CBR) to withdraw the Temporary Importation Scheme, simplify the Duty and Tax Remission for Export (DTRE) rules, and ensure speedy payment of duty drawback to exporters.
Published 26 Apr, 2006 12:00am
Plastic mouldings higher on Jodia Bazar

Plastic mouldings higher on Jodia Bazar

The trading on plastic mouldings closed high on Jodia Bazar on Tuesday. The following changes were seen in HDPE film Saudia 952 up Re 1 to Rs 40, Mobil up 50 paisa to Rs 40, TR144 up 50 paisa to Rs 39.50, HDPE injection Sabic 20056 up Re 1 to Rs 40.
Published 26 Apr, 2006 12:00am
Fashion show

Fashion show

The Summer Wedding Extravaganza 2006 Fashion Show is being held at the Pearl Continental Hotel on Thursday, April 27, at 8pm. All the guests have been requested to reach the show by 7.30pm.
Published 26 Apr, 2006 12:00am
Pakistani rice exports remain slow on low stocks

Pakistani rice exports remain slow on low stocks

Pakistan's exports of IRRI grade varieties of rice are tailing off as stocks dwindle while basmati exports are continuing slowly, mainly to the Middle East, dealers said on Tuesday.
Published 26 Apr, 2006 12:00am
12 killed as army convoy ambushed

12 killed as army convoy ambushed

Pro-Taliban militants ambushed a Pakistani army convoy in the restive North Waziristan tribal region, killing six soldiers and six rebels, officials said on Tuesday. The convoy came under attack on Monday in the mountains near the main town of Miranshah w
Published 26 Apr, 2006 12:00am
New York cocoa futures scale two-week peak

New York cocoa futures scale two-week peak

Cocoa futures prices finished at their loftiest levels in more than two weeks on Monday, boosted by speculators buying back short positions amid bullish signals on the price charts, market sources said.
Published 26 Apr, 2006 12:00am
12 killed as army convoy ambushed

12 killed as army convoy ambushed

Pro-Taliban militants ambushed a Pakistani army convoy in the restive North Waziristan tribal region, killing six soldiers and six rebels, officials said on Tuesday. The convoy came under attack on Monday in the mountains near the main town of Miranshah w
Published 26 Apr, 2006 12:00am
Cadbury to take full control of US bottling group

Cadbury to take full control of US bottling group

Britain's Cadbury Schweppes Plc said on Tuesday it was to buy the 55 percent stake in Dr Pepper/Seven Up Bottling Group it does not already own for $353 million to boost its US beverage business.
Published 26 Apr, 2006 12:00am
Asian oil swaps

Asian oil swaps

Asian oil product swaps fell on Tuesday in line with US crude futures but tight regional supply kept gas oil's crack spreads steady. May gas oil fell $1.25 a barrel from Monday's close to $85.15 but the May/June backwardation held at a robust $1.80 a barr
Published 26 Apr, 2006 12:00am
New York coffee dips on origin sales

New York coffee dips on origin sales

Arabica coffee futures prices eased on Monday, pressured by light producer selling at the top of the intrude trading range and follow-through profit taking from last week's rally, market sources said.
Published 26 Apr, 2006 12:00am
Asian Naphtha: Contango widens on India and Japan

Asian Naphtha: Contango widens on India and Japan

Asia's naphtha prices drifted lower on Tuesday as crude eased and a rash of Indian naphtha offers and the failure to restart a Japanese cracker weighed on the petrochemical feedstock market, traders said.
Published 26 Apr, 2006 12:00am
MGE wheat down

MGE wheat down

Spring wheat futures at the Minneapolis Grain Exchange closed mostly lower on Monday, tracking a technical retreat in the Chicago and Kansas City wheat markets, traders said.
Published 26 Apr, 2006 12:00am
Philippines sugar harvest seen better

Philippines sugar harvest seen better

Philippine raw sugar output in the present crop year ending in August will likely be higher than initially forecast, raising prospects of lower imports, a senior official said on Tuesday.
Published 26 Apr, 2006 12:00am
New York copper futures down

New York copper futures down

US copper futures settled lower on Monday as the market paused amid some investor profit-taking following last week's impressive 11.5 percent rally, sources said.
Published 26 Apr, 2006 12:00am
New York gold and silver dive after rally

New York gold and silver dive after rally

Precious metals futures prices plunged in New York on Monday, knocked over by waves of profit-taking and long liquidation on the heels of last week's rally to multiyear highs, dealers said.
Published 26 Apr, 2006 12:00am
Pakistan cautioned over Mexican-style crisis

Pakistan cautioned over Mexican-style crisis

A former finance minister of Pakistan and a retired World Bank official Shahid Javed Burki on Monday warned that Pakistan was facing symptoms that preceded the Mexican financial crisis more than 10 years ago.
Published 26 Apr, 2006 12:00am
Tokyo gold drifts lower

Tokyo gold drifts lower

Tokyo gold futures dropped by 2.5 percent on Tuesday as sharp falls in dollar-based gold and a stronger yen against the dollar induced heavy selling from fund operators and Japanese retail investors.
Published 26 Apr, 2006 12:00am
Pakistan cautioned over Mexican-style crisis

Pakistan cautioned over Mexican-style crisis

A former finance minister of Pakistan and a retired World Bank official Shahid Javed Burki on Monday warned that Pakistan was facing symptoms that preceded the Mexican financial crisis more than 10 years ago.
Published 26 Apr, 2006 12:00am
Gold and silver hold steady in Asian markets

Gold and silver hold steady in Asian markets

Gold and silver held steady on Tuesday, supported by light physical buying interest, but activity was subdued as market players sought direction after volatile trading in the past couple of days.
Published 26 Apr, 2006 12:00am
Pakistan cautioned over Mexican-style crisis

Pakistan cautioned over Mexican-style crisis

A former finance minister of Pakistan and a retired World Bank official Shahid Javed Burki on Monday warned that Pakistan was facing symptoms that preceded the Mexican financial crisis more than 10 years ago.
Published 26 Apr, 2006 12:00am
Malaysian tin falls

Malaysian tin falls

Malaysian tin ended lower on Tuesday, pulling back on a correction after hitting a 22-month high last week, traders said. Spot tin on the Kuala Lumpur Tin Market (KLTM) ended down $15 at $9,255 per tonne on turnover of 59 tonnes despite firmer London pric
Published 26 Apr, 2006 12:00am
SBP gives up forex buy and sell swap

SBP gives up forex buy and sell swap

Despite injection of liquidity through reverse repo, not allowing the market to borrow at lower than cost, and by raising its cut-off yield, the SBP''s intention seems quite obvious.
Published 26 Apr, 2006 12:00am
Kenya's tea output climbs after rains

Kenya's tea output climbs after rains

Kenya's tea production grew by 70 percent in March compared to the previous month after rains fell in growing areas, the Tea Board of Kenya said on Tuesday, adding it saw output rising further in the current quarter.
Published 26 Apr, 2006 12:00am
SBP gives up forex buy and sell swap

SBP gives up forex buy and sell swap

Despite injection of liquidity through reverse repo, not allowing the market to borrow at lower than cost, and by raising its cut-off yield, the SBP's intention seems quite obvious.
Published 26 Apr, 2006 12:00am
Oil dips on Opec's promise

Oil dips on Opec's promise

Oil prices dipped on Tuesday as Opec's promise to keep pumping at near full capacity triggered profit taking from record highs struck late last week.
Published 26 Apr, 2006 12:00am
SBP gives up forex buy and sell swap

SBP gives up forex buy and sell swap

Despite injection of liquidity through reverse repo, not allowing the market to borrow at lower than cost, and by raising its cut-off yield, the SBP's intention seems quite obvious.
Published 26 Apr, 2006 12:00am
Indian sugar and soya oil futures down, wheat rises

Indian sugar and soya oil futures down, wheat rises

Indian sugar and soyaoil futures fell on Tuesday, shrugging off a forecast of below average monsoon rains, but wheat prices rose with farmers holding back their stocks, brokers said., May sugar on the National Commodities and Derivatives Exchange had fall
Published 26 Apr, 2006 12:00am
Cabinet undergoes substantial shuffling

Cabinet undergoes substantial shuffling

With eyes set on political horizon, Prime Minister Shaukat Aziz has expanded his Cabinet by adding four new ministers, and effecting substantial reshuffle in some key areas where failures were too obvious.
Published 26 Apr, 2006 12:00am
Previous Day