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Print - 2006-06-11
Gram importers to get Rs 8 per kg subsidy

Gram importers to get Rs 8 per kg subsidy

Prime Minister Shaukat Aziz on Saturday approved Rs 8 per kg subsidy for 150,000 tons black gram whole (desi chickpeas or kala chana) and asked concerned departments to facilitate its import on fast-track bases to help the government plug the demand-suppl
Published 11 Jun, 2006 12:00am
Gram importers to get Rs 8 per kg subsidy

Gram importers to get Rs 8 per kg subsidy

Prime Minister Shaukat Aziz on Saturday approved Rs 8 per kg subsidy for 150,000 tons black gram whole (desi chickpeas or kala chana) and asked concerned departments to facilitate its import on fast-track bases to help the government plug the demand-suppl
Published 11 Jun, 2006 12:00am
Gas pipelines blown up

Gas pipelines blown up

Suspected rebels on Saturday blew up three natural gas pipelines in Balochistan, disrupting supplies to towns including Quetta, Pishin, Ziarat, Mastung and Kalat and other towns and villages along the route but causing no injuries, officials said.
Published 11 Jun, 2006 12:00am
Gas pipelines blown up

Gas pipelines blown up

Suspected rebels on Saturday blew up three natural gas pipelines in Balochistan, disrupting supplies to towns including Quetta, Pishin, Ziarat, Mastung and Kalat and other towns and villages along the route but causing no injuries, officials said.
Published 11 Jun, 2006 12:00am
The Weather

The Weather

The weather report on Saturday (June 10, 2006) and the forecast for Sunday (June 11, 2006).
Published 11 Jun, 2006 12:00am
Three Guantanamo detainees commit suicide

Three Guantanamo detainees commit suicide

Three foreign prisoners being held at the US navy base at Guantanamo Bay, Cuba, died on Saturday in apparent suicides, the US military said. "Two Saudis and one Yemeni, each located in Camp 1, were found unresponsive and not breathing in their cells by gu
Published 11 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Three Guantanamo detainees commit suicide

Three Guantanamo detainees commit suicide

Three foreign prisoners being held at the US navy base at Guantanamo Bay, Cuba, died on Saturday in apparent suicides, the US military said. "Two Saudis and one Yemeni, each located in Camp 1, were found unresponsive and not breathing in their cells by gu
Published 11 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Trade gap widens to $10.63 billion

Trade gap widens to $10.63 billion

Trade deficit widened to a provisional $1.159 billion in May from $807.9 million in April and $641.6 million in May 2005, official data showed on Saturday. The cumulative trade deficit for the July-May period was $10.63 billion against $5.50 billion a yea
Published 11 Jun, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Trade gap widens to $10.63 billion

Trade gap widens to $10.63 billion

Trade deficit widened to a provisional $1.159 billion in May from $807.9 million in April and $641.6 million in May 2005, official data showed on Saturday. The cumulative trade deficit for the July-May period was $10.63 billion against $5.50 billion a yea
Published 11 Jun, 2006 12:00am
Trade gap widens to $10.63 billion

Trade gap widens to $10.63 billion

Trade deficit widened to a provisional $1.159 billion in May from $807.9 million in April and $641.6 million in May 2005, official data showed on Saturday. The cumulative trade deficit for the July-May period was $10.63 billion against $5.50 billion a yea
Published 11 Jun, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
THE RUPEE: downward move continues in interbank

THE RUPEE: downward move continues in interbank

Bearish trend persisted in the interbank market on Saturday as the rupee shed another two paisa versus the dollar for buying and selling at 60.17 and 60.19, respectively. Demand for dollars to clear the import bills continued and may not allow the rupee t
Published 11 Jun, 2006 12:00am
THE RUPEE: downward move continues in interbank

THE RUPEE: downward move continues in interbank

Bearish trend persisted in the interbank market on Saturday as the rupee shed another two paisa versus the dollar for buying and selling at 60.17 and 60.19, respectively. Demand for dollars to clear the import bills continued and may not allow the rupee t
Published 11 Jun, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (June 10, 2006) and for Sunday (June 11, 2006).
Published 11 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 12, 2006.

Published 11 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 12, 2006.

Published 11 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 12, 2006.

Published 11 Jun, 2006 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th May 2006.

Published 11 Jun, 2006 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th May 2006.

Published 11 Jun, 2006 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (June 12, 2006).

Published 11 Jun, 2006 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (June 12, 2006).

Published 11 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (June 10, 2006).
Published 11 Jun, 2006 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (June 10, 2006).

Published 11 Jun, 2006 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 11 Jun, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 11 Jun, 2006 12:00am
Jute goods down on Jodia Bazar

Jute goods down on Jodia Bazar

The trading on jute goods moved downward on Jodia Bazar here on Saturday. The following variations were noted in jute goods twine 20x3 brown down 75 paisa to Rs 39, 8x3 down Re 1 to Rs 60, 16x3 CRT/Indus down 75 paisa to Rs 39, 40x2 brown down Re 1 to Rs
Published 11 Jun, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 100,528 tonnes of cargo including 89,935 tonnes import, 10,593 tonnes export cargo and 2,044 containers during last 24 hours ending at 0700 hours on Saturday.
Published 11 Jun, 2006 12:00am
Brazil sugar vessels lineup unchanged

Brazil sugar vessels lineup unchanged

The lineup of vessels waiting to load sugar in Brazilian ports was unchanged from last week at 32, shipping agents Williams said. It said in a weekly report that 22 vessels were lined up in the southern port of Santos, up from 21 last week.
Published 11 Jun, 2006 12:00am
Singapore bunker fuel prices rise

Singapore bunker fuel prices rise

Singapore bunker prices rose on Friday but their premium to fuel oil cargo values fell as suppliers cut prices to spur demand, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $321-$323 a tonne, up $1 from Thursday's Asian close, w
Published 11 Jun, 2006 12:00am
Asian freight rates up

Asian freight rates up

Panamax freight rates for benchmark Asian routes edged higher on Tuesday due to a brisk flow of cargoes such as grain, with firm rates for large vessels supported by iron ore and coal providing overall support.
Published 11 Jun, 2006 12:00am
USDA June cotton crop report

USDA June cotton crop report

The US Department of Agriculture released its monthly June crop production and supply/demand report on Friday morning. The following are the key points for cotton: 2006/07 US crop - 20.70 million (480-lb) bales, from 20.70 million bales last month.
Published 11 Jun, 2006 12:00am
Tocom dips after failure to break latest high

Tocom dips after failure to break latest high

Tokyo rubber prices edged lower on Friday after failing to break their latest high as other commodity prices fell, traders said. The benchmark distant November TOCOM rubber contract closed at 313.5 yen per kg, down from 314.8 yen on Thursday It fell more
Published 11 Jun, 2006 12:00am
Australian grain: prices gyrate on a sniff of rain

Australian grain: prices gyrate on a sniff of rain

Gripped by drought, Australian grains prices are swinging wildly as farmers delay planting winter crops while they wait for rain. The canola oilseeds crop, which is planted first, is already being downgraded, and although wheat still has some time to be p
Published 11 Jun, 2006 12:00am
CBOT rice falls

CBOT rice falls

Chicago Board of Trade rough rice futures tumbled on Friday, sliding on speculative sales after sell-stops were hit in light volume, traders said.
Published 11 Jun, 2006 12:00am
Australian wool indicator falls

Australian wool indicator falls

The Australian Wool Exchange (AWEX) said its eastern market indicator (EMI) dropped 1 cent to 728 cents a kg clean at sales on Thursday. AWEX said its northern indicator at sales in Sydney fell 2 cents to 741c/kg, and the southern indicator at sales in Me
Published 11 Jun, 2006 12:00am
New York sugar up

New York sugar up

Raw sugar prices closed mixed on Friday in activity dominated by switch trade from investors getting out of the July contract since it will expire at the end of the month, brokers said.
Published 11 Jun, 2006 12:00am
Comex copper futures lower

Comex copper futures lower

Comex copper futures settled down and at their lowest level in six weeks on Friday as speculative money continued to exit the market amid a downturn in sentiment and a weak technical picture that could extend losses next week, sources said.
Published 11 Jun, 2006 12:00am
New York gold down

New York gold down

US gold futures settled lower on Friday, giving up the strong gains that held for much of the session as profit takers bailed out late, wary of carrying yellow metal positions over the weekend, traders said.
Published 11 Jun, 2006 12:00am
Soyabean futures slip

Soyabean futures slip

The Chicago Board of Trade soyabean market ended lower in the nearby months on Friday, easing off highs as wheat dived, traders said. Most of Friday's trade centred on the wheat pit, as the market rallied on USA's updated US wheat estimate showing a produ
Published 11 Jun, 2006 12:00am
Metals fall in international markets

Metals fall in international markets

Many commodity prices continued to fall this week, mirroring a downward trend on global stock markets, with metals recording further heavy losses while crude futures also slipped. Plunging prices have left analysts pondering whether the metals markets hav
Published 11 Jun, 2006 12:00am
Urad Burma down by Rs 50 on grain market

Urad Burma down by Rs 50 on grain market

A few changes were seen on the grain market on Saturday as almost all commodities did not move any side due to balanced demand and supply position, dealers said. On the cereals side, urad Burma shed Rs 50 to Rs 1700. Other items maintained the overnight l
Published 11 Jun, 2006 12:00am
Oil cake market rates

Oil cake market rates

Thin business was seen on the forward cottonseed oilcake market on Saturday as many buyers kept on the sidelines due to lack of interest, dealers said. The July vaida commenced at Rs 545.00 and closing was seen at the same level.
Published 11 Jun, 2006 12:00am
Cotton prices stay firm

Cotton prices stay firm

Firm trend was seen on the cotton market on Saturday as ginners did not show any change in their stance over the prices, dealers said. The spot rate was unchanged at 2525, without upcountry expenses.
Published 11 Jun, 2006 12:00am
Natural rubber output to edge up

Natural rubber output to edge up

Natural rubber produced by seven key countries is forecast to edge up 2 percent to 8.09 million tonnes in 2007, thanks mainly to a rise in Vietnam's production, an industry report showed on Saturday.
Published 11 Jun, 2006 12:00am
Iran worries push up oil price: Russian minister

Iran worries push up oil price: Russian minister

Non-economic factors, such as tension over Iran's nuclear activities are causing damaging instability on oil markets, Russian Energy Minister Viktor Khristenko said in an interview.
Published 11 Jun, 2006 12:00am
Germany accepts Russian offer for debt repayment

Germany accepts Russian offer for debt repayment

Germany has accepted a Russian offer to repay debts of 1.3 billion euros ($1.7 billion) early under a wider Paris Club deal, Finance Minister Peer Steinbrueck's spokesman said on Saturday.
Published 11 Jun, 2006 12:00am
Canada to table anti-terror financing bill

Canada to table anti-terror financing bill

Canada's ruling Conservatives will table legislation in the fall to tighten controls on anti-terrorist funding, officials said on Saturday, a week after 17 al Qaeda inspired suspects were arrested.
Published 11 Jun, 2006 12:00am
Japan to provide China new coal technology

Japan to provide China new coal technology

Japan is set to provide China with technology that uses liquefaction of coal to produce fuel such as gasoline, an attempt to relieve rising world energy demand, the Nihon Keizai Shimbun (Nikkei) said on Saturday.
Published 11 Jun, 2006 12:00am
Blue Chip forecasters raise US inflation outlook

Blue Chip forecasters raise US inflation outlook

Top US forecasters bumped up their forecast for inflation this year and said economic growth is poised to slow abruptly in the coming months as consumer spending slows, a survey showed on Saturday.
Published 11 Jun, 2006 12:00am
Oil firms open wallets for reserves access

Oil firms open wallets for reserves access

Oil firms are paying millions of dollars more to governments to get access to oil and gas fields, a further sign that record oil prices are shifting the balance of power towards owners of reserves.
Published 11 Jun, 2006 12:00am
Corporate confidence at five-year high

Corporate confidence at five-year high

Corporate confidence is the highest it has been in the last five years despite recent turmoil in global markets, J.P. Morgan's top European investment banker said on Friday.
Published 11 Jun, 2006 12:00am
Intel cut prices

Intel cut prices

Top microprocessor maker Intel Corp can cut prices on older chips more quickly than in the past thanks to its aggressive adoption of new manufacturing technologies, a spokesman said on Thursday. Yeung to cut 2006 profit estimates for Intel by 10 percent,
Published 11 Jun, 2006 12:00am
Intel cut prices

Intel cut prices

Top microprocessor maker Intel Corp can cut prices on older chips more quickly than in the past thanks to its aggressive adoption of new manufacturing technologies, a spokesman said on Thursday. Yeung to cut 2006 profit estimates for Intel by 10 percent,
Published 11 Jun, 2006 12:00am
WTO farm mediator sees G20 tariff plan as best hope

WTO farm mediator sees G20 tariff plan as best hope

Long-standing proposals on farm tariff cuts by the G20 group of developing countries probably offer the best chances for a World Trade Organisation (WTO) deal, according to the chairman of the farm negotiations.
Published 11 Jun, 2006 12:00am
Wireless boom gets gadget makers buzzing

Wireless boom gets gadget makers buzzing

Wireless communications are becoming a fertile development ground in the PC world, as new devices tap a growing number of networks to take mobile chatter and on-the-move entertainment to new levels.
Published 11 Jun, 2006 12:00am
Gulf funds moving to real estate with focus on Asia

Gulf funds moving to real estate with focus on Asia

Billions of dollars flowing out of stock markets in the Gulf Arab region are heading into real estate, with markets in China and India a key focus, the head of real estate investment at a leading Kuwaiti bank said.
Published 11 Jun, 2006 12:00am
American credit market outlook

American credit market outlook

US investment grade credit derivatives spreads moved wider this week, but they are still in from this year's widest level and may even be benefiting, at least in part, from the recent trend away from riskier assets.
Published 11 Jun, 2006 12:00am
American credit market outlook

American credit market outlook

US investment grade credit derivatives spreads moved wider this week, but they are still in from this year's widest level and may even be benefiting, at least in part, from the recent trend away from riskier assets.
Published 11 Jun, 2006 12:00am
US corporate bonds spread end flat

US corporate bonds spread end flat

US corporate bond spreads ended unchanged on Friday, erasing early gains, and junk prices finished off their highs as stocks fell on expectations of more rate hikes by the Federal Reserve. Delphi said it reached an agreement with the United Auto Workers t
Published 11 Jun, 2006 12:00am