News Archives for Print - 2006-08-10

Print - 2006-08-10

Taiwan sugar imports fall on prices

Taiwan's sugar imports fell almost 20 percent in the five months to May 2006 as overbuying last year, soaring international prices and replacement by fructose hit demand.

Published 10 Aug, 2006 12:00am

New York sugar finishes at lowest this year

Raw sugar prices closed at their lowest this year after speculative sell-off, market sources said on Tuesday. New York Board of Trade's October raw sugar contract settled down 0.28 cent at 13.99 cents per lb after bottoming at 13.92 cents.

Published 10 Aug, 2006 12:00am

Soya falls to four-month lows

Soyabean futures at the Chicago Board of Trade fell to 4-month lows and new contract lows on Tuesday amid a turn to good crop weather in the US Midwest, traders said. CBOT soy closed 3-1/2 to 5-3/4 cents per bushel lower, with August down 5-3/4 at $5.57-1

Published 10 Aug, 2006 12:00am

CBOT rice rebounds from five-week lows

Chicago Board of Trade rough rice futures closed sharply higher on Tuesday, rallying from five-week lows on a mix of commercial and speculative buying, traders said. September rice closed up 14 cents at $9.25 per hundredweight, while November closed up 15

Published 10 Aug, 2006 12:00am

Tokyo rubber rises on weak yen

Japan's most active rubber futures contract rose more than 1 percent on Wednesday after a weaker yen and firm crude oil prices spurred buying from speculators. But the physical sector lacked activity because of a public holiday in key commodities trading

Published 10 Aug, 2006 12:00am

Malaysian palm oil surges on demand

Malaysian crude palm oil futures closed higher for the third straight day on Wednesday, fuelled by robust exports and firm crude oil prices. Traders said the market ignored a sharp decline in prices of soyoil, a commodity it usually tracks as both oils ha

Published 10 Aug, 2006 12:00am

Boeing reviews impact of US sanctions on Russia

Boeing Co is reviewing what impact US sanctions against two top Russian arms firms could have on its business in Russia, Boeing country head Sergei Kravchenko told Reuters on Wednesday.

Published 10 Aug, 2006 12:00am

SEC to ease internal control rules

The US Securities and Exchange Commission on Wednesday said it wants to ease compliance for smaller public and some foreign companies required to implement controversial internal controls rules.

Published 10 Aug, 2006 12:00am

Dollar trading hits record-high in Kazakhstan

Dollar trading in Kazakhstan hit a record high of $364 million on Wednesday as cash inflows from booming oil revenues continued to fuel domestic trading volumes. The previous all-time high was seen in April when dollar volumes hit $362 million, the KASE e

Published 10 Aug, 2006 12:00am

Japanese firm, Indian bank to form fund

Japanese venture capital firm SBI Holdings is teaming up with State Bank of India to form a $100 million fund, the first of three funds planned by India's largest lender. The fund will focus on investments in unlisted companies in India, SBI said in a sta

Published 10 Aug, 2006 12:00am

Japanese firm, Indian bank to form fund

Published 10 Aug, 2006 12:00am

US job openings rise in June

Slightly more US jobs opened in June than the month before, but fewer workers were hired, the government said on Wednesday. Job openings stood at 4.004 million, up from 3.945 million in May and well above the 3.598 million in June 2005, according to the L

Published 10 Aug, 2006 12:00am

Japan's machinery orders jump

Japanese private-sector machinery orders rose unexpectedly in June from a month earlier and look set to grow further in the coming months, another sign that capital spending is underpinning a healthy economic recovery.

Published 10 Aug, 2006 12:00am

Bangladesh expatriate remittances up

Bangladesh received $418.9 million in remittances from expatriate workers in July, up 22.3 percent from a year earlier but short of $433.5 million received in June, central bank officials said on Wednesday. In 2005/06 fiscal year that ended on June 30, re

Published 10 Aug, 2006 12:00am

Zimbabwe's inflation down to triple digits

Zimbabwe's annual inflation slowed to triple digit figures in the year to July but analysts said price pressures remained high enough to push it back to four digit levels, belying ordinary citizens' struggle with rocketing prices.

Published 10 Aug, 2006 12:00am

New rules could be boon, bane for Chinese M&A

Business forays into China could become both easier and harder under Commerce Ministry rules covering foreign investment and take-overs published on Wednesday.

Published 10 Aug, 2006 12:00am

China to use yuan to help adjust imbalances: central bank

China will aim to slow growth in its foreign exchange reserves in part by increasing overseas investment, the central bank said on Wednesday. In its second-quarter monetary report, the People's Bank of China reaffirmed its policy of keeping the yuan at a

Published 10 Aug, 2006 12:00am

Disney profit rises 39 percent on films, cable

Walt Disney Co on Wednesday reported a surprisingly strong 39 percent rise in quarterly profit as "Cars" and "The Chronicles of Narnia" helped turn around its underperforming film studio division.

Published 10 Aug, 2006 12:00am

Disney profit rises 39 percent on films, cable

Walt Disney Co on Wednesday reported a surprisingly strong 39 percent rise in quarterly profit as "Cars" and "The Chronicles of Narnia" helped turn around its underperforming film studio division.

Published 10 Aug, 2006 12:00am

Ukraine industrial output climbs

Ukraine's industrial output growth climbed to 4.8 percent in the first seven months of the year compared with a 3.8 percent rise in the same period a year ago, a senior adviser to the central bank chairman said on Wednesday.

Published 10 Aug, 2006 12:00am

Bulgarian court clears Fraport airport deal

Bulgaria's top court cleared the way on Wednesday for German airport operator Fraport to sign 35-year concession to run and modernise two Black Sea airports, officials said.

Published 10 Aug, 2006 12:00am

China's trade surplus hits $14.6 billion

China's trade surplus rose to a record $14.61 billion in July, exceeding the previous peak of $14.5 billion in June, the official Shanghai Securities News said on Wednesday. Exports hit $80.34 billion in July, up 22.6 percent from a year earlier, while im

Published 10 Aug, 2006 12:00am

Taiwan stocks finish firmer

Taiwan stocks reversed earlier losses and ended up 1.09 percent on Wednesday to a closing high in about 3-1/2 weeks as steady July sales and a more optimistic second half brought back momentum in technology shares, such as HTC.

Published 10 Aug, 2006 12:00am

Malaysian shares up

Malaysian share prices closed slightly higher on Wednesday as the market began to digest the US Federal Reserve's decision to keep its key rate unchanged, while the benchmark index gained support by defensive buying of large-cap blue chips, dealers said.

Published 10 Aug, 2006 12:00am

Hong Kong shares rally to six-year peak

Hong Kong stocks jumped 1.75 percent on Wednesday to close at their highest level in nearly six years, following a rally in Japanese shares and a decision by the US Federal Reserve to hold interest rates steady. China Mobile led blue chips higher, surging

Published 10 Aug, 2006 12:00am

US stocks dip as growth worries offset Fed's pause

US stocks fell on Tuesday as investors worried that slowing economic growth would hurt corporate profits despite a pause in the Federal Reserve's two-year campaign of raising interest rates.

Published 10 Aug, 2006 12:00am

US Treasuries end slightly higher

US government debt prices were slightly higher on Tuesday as short-term rates rose after the Federal Reserve held interest rates unchanged after its policy meeting for the first time in over two years.

Published 10 Aug, 2006 12:00am

US Treasuries end slightly higher

Published 10 Aug, 2006 12:00am

Indian shares surge

Indian share prices closed up 1.18 percent on Wednesday after pause in interest rate hikes by the US Federal reserve and fresh buying by local funds after the benchmark crossed the technical level of 11,000 points, dealers said.

Published 10 Aug, 2006 12:00am

Thai share prices slightly down

Thai share prices closed 0.40 percent lower on Wednesday on profit-taking in the rate-sensitive banking sector following the US Federal Reserve's decision to halt its long rate hike cycle, dealers said.

Published 10 Aug, 2006 12:00am

Philippines shares decline

Philippines share prices closed 0.78 percent lower on Wednesday on profit-taking triggered by weak results from Philippine Long Distance Telephone and Wall Street's retreat overnight, dealers said.

Published 10 Aug, 2006 12:00am

Nikkei hits two-month closing high

The Nikkei average made a dramatic turnaround to hit its highest close in two months on Wednesday as surprisingly strong machinery orders data helped to reverse its early loss by as much as 1.45 percent.

Published 10 Aug, 2006 12:00am

Jakarta shares jump

Jakarta share prices closed 1.22 percent higher on Wednesday, with gains in banking stocks, Astra International and Perusahaan Gas Negara helping push the index to close at its high for the day, dealers said.

Published 10 Aug, 2006 12:00am

Chinese shares weaken

China shares edged lower in very thin trade on Wednesday as strong earnings from Merchants Bank Co, the second-biggest listed lender, failed to spark trading interest. The benchmark Shanghai composite index closed at 1,578.566 points, down 0.13 percent. T

Published 10 Aug, 2006 12:00am

Swiss franc slips against dollar

The Swiss franc fell against the dollar on Wednesday, in line with other major currencies, after the Federal Reserve held rates steady after a two-year string of non-stop increases.

Published 10 Aug, 2006 12:00am

Yuan slips as dollar climbs after Fed pause

China's yuan fell against the dollar on Wednesday as the US currency gained on global markets after the Federal Reserve held rates steady but left the door open for more rate hikes.

Published 10 Aug, 2006 12:00am

Dollar claws up from two-month lows

The dollar clawed up from two-month lows against a basket of major currencies on Wednesday, strengthening on a wave of short covering after the Federal Reserve held rates steady after a two-year string of non-stop increases.

Published 10 Aug, 2006 12:00am

Dollar a touch lower after Fed pause

The dollar hovered within striking distance of two-month lows on Tuesday after the Federal Reserve kept US interest rates steady but appeared to leave leeway for more rises if price pressures persist.

Published 10 Aug, 2006 12:00am

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 69.49/69.7650 (previous 69.49/69.7850). Call Money Rates: 6.25-11.00 percent (previous 6.25-11.00 percent).

Published 10 Aug, 2006 12:00am

Asian currencies: South Korean won rallies

The South Korean won rallied on Wednesday on a heavy bout of dollar sales by exporters, reversing some of the losses sustained in the past two weeks, ahead of a Bank of Korea policy meeting. A Reuters poll showed markets were almost evenly split on the li

Published 10 Aug, 2006 12:00am

Hong Kong dollar ends off day's lows

The Hong Kong dollar recovered some ground on Wednesday afternoon, tracking other currencies as the US dollar lost some support in late Asian trade. The US dollar had been boosted in the morning across Asia after the US Federal Reserve left interest rates

Published 10 Aug, 2006 12:00am

Woolmer gives England Ashes chance

Pakistan coach Bob Woolmer insisted England could mount a successful defence of the Ashes after they crushed his side by 167 runs here at Headingley. England's victory left them 2-0 up in the four-match series, with just the final Test later this month at

Published 10 Aug, 2006 12:00am

Jones affair 'unfortunate', say Indian broadcasters

Indian cricketers and commentators on Wednesday described Dean Jones's "terrorist" jibe as "unfortunate", saying the Australian pundit should have been more careful.

Published 10 Aug, 2006 12:00am

Ganguly and Kumble get one-day lifeline

Former India captain Sourav Ganguly and veteran leg-spinner Anil Kumble got a chance to revive one-day careers when they were named Wednesday among probables for the Champions Trophy.

Published 10 Aug, 2006 12:00am

Second seed Petrova out, Serena wins

Russian Nadia Petrova became the first big-name casualty of the Los Angeles Open while twice champion Serena Williams won her opening match in convincing style on Tuesday.

Published 10 Aug, 2006 12:00am

Sarfraz wants Inzamam to relinquish captaincy

Former Pakistan fast bowler Sarfraz Nawaz said Inzamam-ul Haq should step down as captain after England scored their first home Test series win against the South Asian team in 24 years.

Published 10 Aug, 2006 12:00am

Philippine rebel chief wants land as part of peace

Leaning back in air-conditioned comfort in the steamy jungle of the southern Philippines, the leader of 12,000 Muslim rebels said he wants to sign a peace deal but that seized land must be returned.

Published 10 Aug, 2006 12:00am

Somali premier at core of political crisis

Somali Prime Minister Ali Mohamed Gedi, a veterinarian thrust into office two years ago, finds himself clinging to power in the Horn of Africa nation.

Published 10 Aug, 2006 12:00am

McCartney divorce echoes bitter Charles-Di split

British tabloids are licking their lips as Paul McCartney's divorce from his wife Heather becomes increasingly ugly, and comparisons with the bitter split between Prince Charles and Diana 10 years ago are already being made.

Published 10 Aug, 2006 12:00am

BP Alaska oil slowdown highlights Arctic risks

BP's slowdown of an Alaskan oilfield because of pipeline corrosion highlights the environmental risks of oil drilling in the Arctic where animals and plants are vulnerable and spills can be costly to clean up, experts say.

Published 10 Aug, 2006 12:00am

South Africa seeks to clamp down on sexual offences

South Africa will introduce a new law to broaden the legal definition of rape in a bid to clamp down on widespread sexual offences President Thabo Mbeki said on Wednesday were a blight on 12 years of democratic gains.

Published 10 Aug, 2006 12:00am

Bill Gates pledges $500 million to global AIDS fund

The Bill and Melinda Gates Foundation has pledged half a billion dollars to the Global Fund to Fight AIDS, TB and Malaria, the Fund announced on Wednesday. The promise came in the runup to the 16th International AIDS Conference, opening in the Canadian ci

Published 10 Aug, 2006 12:00am

Israeli air strike kills two in Gaza

An Israeli helicopter gunship fired at least one missile into a Palestinian militant training camp in the Gaza Strip on Wednesday, killing two gunmen and wounding five other people, witnesses said. They said two children were among the wounded in the stri

Published 10 Aug, 2006 12:00am

South Korea can take wartime command in three years: Roh

South Korea can take over wartime command of its troops from the United States as early as within three years, President Roh Moo-hyun said on Wednesday.

Published 10 Aug, 2006 12:00am

Maoists and government end dispute over weapons

Nepal's Maoists and the government said on Wednesday they had resolved differences over managing their weapons, paving the way for the eventual inclusion of the insurgents in an interim administration. The announcement came after Maoist chief Prachanda an

Published 10 Aug, 2006 12:00am

Chirac sees Lebanon deal despite US reserve

French President Jacques Chirac said on Wednesday he believed US objections to a draft UN resolution on Lebanon amended at the Arab world's request could be overcome, despite Washington's "reservations".

Published 10 Aug, 2006 12:00am

Ireland plans tighter controls on arms exports

Ireland plans to tighten controls on arms exports with new laws regulating arms brokering, the transfer of technology and software via the Internet, and increased penalties on those who break arms rules. Minister for Trade and Commerce Michael Ahern said

Published 10 Aug, 2006 12:00am

Cuba targets illegal TV dishes as US weapon

Cuba's Communist government has signalled a crackdown on the use of black-market satellite dishes, just over a week after ailing leader Fidel Castro temporarily relinquished power to his brother.

Published 10 Aug, 2006 12:00am

Indian floods worsen, 4.5 million homeless

Swollen rivers swamped thousands of villages and towns across India's south and west on Wednesday, forcing 4.5 million from their homes as rescuers struggled to bring them food and drinking water, officials said.

Published 10 Aug, 2006 12:00am

Malaysia needs nuclear power: official

Malaysia has to turn to nuclear power as an alternative source of electricity for its rapidly growing economy, an official from a nuclear agency said. Noramly Muslim, the chairman of the Malaysian Nuclear Licensing Board, said Malaysia would need at least

Published 10 Aug, 2006 12:00am

Morgue body count highlights Iraq bloodshed

Almost 2,000 bodies were taken to Baghdad's morgue in July, the highest tally in five months of rising sectarian bloodshed which has forced the United States to boost troop levels in the capital to head off a civil war. Morgue assistant manager Doctor Abd

Published 10 Aug, 2006 12:00am

Nagasaki marks 61st anniversary of atomic bomb

The mayor of Nagasaki criticised Iran and North Korea for their nuclear programmes and had harsh words for the United States for failing to halt nuclear proliferation as the Japanese city marked the 61st anniversary of its atomic bombing.

Published 10 Aug, 2006 12:00am

Future of Palestinian Authority in doubt: Haniyeh

Palestinian Prime Minister Ismail Haniyeh of Hamas questioned on Wednesday whether the Palestinian Authority can continue to function with key lawmakers and ministers in Israeli jails.

Published 10 Aug, 2006 12:00am

'Extreme Asian poverty poses threat to environment'

Extreme poverty in Asia will pose serious a threat to the environment over the next decade, the Asian Development Bank and the World Conservation Union warned Wednesday. A book commissioned by the Philippines-based ADB and the conservation group said the

Published 10 Aug, 2006 12:00am

Indian rupee climbs

The Indian rupee strengthened on Wednesday as shares rallied and major currencies gained against the dollar on expectations the US Federal Reserve may not raise rates in the near future.

Published 10 Aug, 2006 12:00am

Sterling retreats

Sterling rowed back from a recent 15-month high against the dollar on Wednesday after the Bank of England's quarterly inflation report proved to be less hawkish than some in the market had expected.

Published 10 Aug, 2006 12:00am

Dollar falls versus majors in London

The dollar fell against major currencies on Wednesday, with US interest rates seen on hold in the near future even if the Federal Reserve does eventually resume the tightening campaign which it halted this week.

Published 10 Aug, 2006 12:00am

Bonds: Ford rally continues

The cost of default protection on Ford Motor Credit fell on Wednesday, extending its recent rally, amid continued speculation about a possible sale of the unit. Elsewhere, the European credit market edged tighter, with few single-name credit moves catchin

Published 10 Aug, 2006 12:00am

Bonds: Ford rally continues

Published 10 Aug, 2006 12:00am

Seoul shares hit fresh 10-week high

South Korean shares rose to a new 10-week closing high on Wednesday as the Federal Reserve's decision to put US interest rates on hold was seen setting the grounds for a soft landing in the world's largest economy.

Published 10 Aug, 2006 12:00am

US Stocks: Wednesday's unofficial close

US stocks rose on Wednesday, boosted by stronger-than-expected quarterly results from technology bellwether Cisco Systems Inc and entertainment company The Walt Disney Co. The Nasdaq shot up more than 1 percent, buoyed by shares of Cisco.

Published 10 Aug, 2006 12:00am

Closing stock market indices

Here is how major stock markets outside the United States ended on Wednesday.

Published 10 Aug, 2006 12:00am

FTSE recovers to close higher

Britain's top shares recovered early losses to close higher on Wednesday, pulled up by banks and oil shares as dealers reported merger talk surrounding Barclays and the crude price steadied.

Published 10 Aug, 2006 12:00am

Record large US soya stocks seen growing

A record large stockpile of soyabeans in the United States is expected to get bigger, with weather largely favouring the crop during its crucial development stage in August, analysts said.

Published 10 Aug, 2006 12:00am

Flood resistance gene in rice identified

Scientists have identified a gene that enables rice to survive for up to two weeks in water, a breakthrough that could herald the development of rice varieties that withstand flooding.

Published 10 Aug, 2006 12:00am

Oil steadies over $76 on US fuel draw

Oil prices held steady over $76 a barrel on Wednesday after a big draw in US fuel stocks and the drop in Alaskan crude output added to supply concerns in the world's biggest consumer.

Published 10 Aug, 2006 12:00am

Cargill to build Missouri biodiesel plant

Cargill Inc announced plans to build a biodiesel plant and glycerin refinery next to its existing soybean processing facility in Kansas City under a joint agreement with Missouri soybean farmers, the company said on Wednesday.

Published 10 Aug, 2006 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT).

Published 10 Aug, 2006 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT).

Published 10 Aug, 2006 12:00am

New York cotton slightly up

Cotton futures ended slightly higher Wednesday on thin trade buying, as the market waits for the federal 2006/07 US crop production forecast due later this week, market sources said. The New York Board of Trade's December cotton contract edged 0.13 cent h

Published 10 Aug, 2006 12:00am

London coffee at 6-1/2-year high

London robusta coffee futures rose to a 6-1/2-year high on Wednesday with a shortage of available supplies at top producer Vietnam fuelling the run-up in prices, dealers and analysts said.

Published 10 Aug, 2006 12:00am

Copper prices boosted by supply fears

Copper prices were boosted on Wednesday by fears that the strike at Chile's Escondida, the world's largest copper mine, could go on for longer than previously expected.

Published 10 Aug, 2006 12:00am

Gold rebounds in Europe

Gold bounced back in Europe on Wednesday after falling 1.5 percent in Asian trade, with the metal getting support from firm oil, the Middle East conflict and a change in track by the dollar. Other metals were mixed, with silver falling to its lowest in a

Published 10 Aug, 2006 12:00am

US MIDDAY: cocoa rises

US benchmark cocoa futures rose to a new three-week top Wednesday, extending this week's rally on follow-through speculative buying and a limited producer selling, traders said.

Published 10 Aug, 2006 12:00am

US MIDDAY: coffee edges up

US benchmark arabica coffee futures edged up to finish at a three-month high Wednesday, extending the week's gain amid speculative buying in line with surging robusta values in London, market sources said.

Published 10 Aug, 2006 12:00am

US MIDDAY: sugar firms

Raw sugar prices set a low for the year on Wednesday but edged back to above unchanged by the close on industry buying, and market sources see a rally in coming trading sessions.

Published 10 Aug, 2006 12:00am

US MIDDAY: corn moves up

Corn futures at the Chicago Board of Trade were firm early on Wednesday, in quiet consolidation trading noted after Tuesday's fall to a six-week low, traders said. Corn fell into or near oversold technical levels, leaving open the potential at least a mil

Published 10 Aug, 2006 12:00am

US MIDDAY: wheat higher

Soft red winter wheat futures at the Chicago Board of Trade were higher at midmorning on Wednesday in a light rebound from Tuesday's sharp technical declines, traders said.

Published 10 Aug, 2006 12:00am

US MIDDAY: copper higher

Copper futures in New York traded higher at the open on Wednesday, but floor dealers cited extremely thin business with prices mired in recent trading ranges.

Published 10 Aug, 2006 12:00am

US MIDDAY: soyabeans firm, quiet

Soya futures at the Chicago Board of Trade were firm and quiet early on Wednesday amid a short-covering bounce after Tuesday's drop to a four-month low, traders said. The decline left soya at or near oversold technical areas, leaving open the potential fo

Published 10 Aug, 2006 12:00am

US MIDDAY: gold races up

COMEX gold and silver futures both advanced in early Wednesday business, as the dollar weakened following the Federal Reserve's late Tuesday decision to keep US interest rates steady, traders said.

Published 10 Aug, 2006 12:00am

'Government committed to creating awareness about small family'

Parliamentary Secretary for Population Welfare, Dr Donia Aziz said government had taken a number of new initiatives with a view to create awareness among the masses about small family concept. She was addressing training programme for supervisory and fiel

Published 10 Aug, 2006 12:00am

$18 billion export target to be attained: minister

Punjab Minister for Industries, Commerce and Investment Muhammad Ajmal Cheema said on Wednesday the government would be succeeded in attaining 18 billion-dollar export target during current fiscal year. "Pakistan has become ideal for foreign investment an

Published 10 Aug, 2006 12:00am

Ashraf Qazi to visit FPCCI

FPCCI has invited Federal Education Minister Lieutenant General Javaid Ashraf Qazi (retd) to meet the FPCCI members on August 11 at 2:45 pm at Federation House, Karachi.

Published 10 Aug, 2006 12:00am

Education managers posting notified

The Services & General Administration Department, Government of Sindh, on Wednesday notified postings of five regional education managers (REM) (colleges) for five region ie Karachi, Hyderabad, Larkana, Mirpurkhas and Sukkur as well as 15 education manage

Published 10 Aug, 2006 12:00am

Underpass and swimming pool

The underpass at Clifton has overnight turned into a swimming pool due to rain. All those responsible for the construction of this dual-purpose underpass must be congratulated - a marvellous feat - underpass-cum-swimming pool.

Published 10 Aug, 2006 12:00am

Government's follies

In her letter on former PM's article in an Indian newspaper, Syeda Mahwish Fatima Naqvi has criticised Benazir Bhutto and in doing so has defended the Musharraf regime and blamed previous governments for all the wrongs that present government is trying to

Published 10 Aug, 2006 12:00am

Homes turned to dust, but faith in Hezbollah untouched

"The whole Rmeiti family is dead," screamed a distraught resident of the Shiah district in the southern suburbs of Beirut, turned into rubble and dust by twin Israeli air raids.

Published 10 Aug, 2006 12:00am

Israeli war crimes aimed at cleansing south Lebanon

On Tuesday, Israeli warplanes struck the southern Lebanese town of Ghaziyeh, killing at least 14 people. Missiles demolished civilian homes just as some 1,500 mourners were participating in a procession to bury 15 of their relatives and neighbours slain j

Published 10 Aug, 2006 12:00am

Need for more market access for developing countries

Among the various social and economic measures identified to arrest growing poverty, particularly in low income developing countries, high or rather accelerated economic growth rate is considered as the most effective and speediest tool to achieve economi

Published 10 Aug, 2006 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 23	277.75
USD PKR Interbank Buying / Oct 23	277.55
USD to Japanese Yen / Oct 23	152.38
USD to Swiss Franc / Oct 23	0.87
Pound Sterling to USD / Oct 23	1.30
Euro to USD / Oct 23	1.08

Stock	Volume
S&P 500 / Oct 22	5,851.20
Nasdaq / Oct 22	18,573.13
Dow Jones / Oct 22	42,924.89
India Sensex / Oct 23	80,422.80
Tokyo Nikkei / Oct 23	38,104.86
Hang Seng / Oct 23	20,716.76
FTSE 100 / Oct 23	8,320.64
Germany DAX 30 / Oct 23	19,433.89

Item	Value
Gold 10 Grams PKR / Oct 22	242,970
Crude Oil USD/Barrel / Oct 23	71.25
Karachi Cotton PKR/37.32 KG / Oct 23	18,085
Gold Spot USD/Ounce / Oct 23	2,748.70
Cotton US¢/pound / Oct 23	72.32
Petrol/Litre / Oct 24	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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