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Print - 2006-08-13
BoJ keeps policy unchanged

BoJ keeps policy unchanged

The Bank of Japan left monetary policy unchanged on Friday, a month after it raised rates for the first time in six years. As widely expected, the BOJ kept the overnight call rate target at 0.25 percent. The decision by the nine-member board was unanimous
Published 13 Aug, 2006 12:00am
Prime Minister lauds 'The Teenager' on its 36th anniversary

Prime Minister lauds 'The Teenager' on its 36th anniversary

On the 36th anniversary of "The Teenager" which coincides with the International Youth Day! Prime Minister Shaukat Aziz has, in a massage, lauded its exemplary services for the cause of youth. Over the years, it has promoted, projected and encouraged yout
Published 13 Aug, 2006 12:00am
Emergency centre set up to carry out fumigation drive

Emergency centre set up to carry out fumigation drive

On the directives of the City Nazim Syed Mustafa Kamal, the health department has established an emergency centre at old KMC building on M. A. Jinnah Road to help public, besides carrying out fumigation drive, said the city government officials on Saturda
Published 13 Aug, 2006 12:00am
Implementation of NTCIP recommendations at ports discussed

Implementation of NTCIP recommendations at ports discussed

The streamlining of ports and shipping related issues in line with the recommendations made by the National Trade Corridor Improvement Programme (NTCIP) was discussed at a high level meeting held here on Saturday.
Published 13 Aug, 2006 12:00am
Bonsai exhibition held in DHA

Bonsai exhibition held in DHA

Administrator, DHA, Brigadier Maqsood Hussain inaugurated the Bonsai Exhibition 2006 organised by Pakistan Bonsai Society in collaboration with Defence Housing Authority at Zamzama Park on Friday evening. Consul General of Japan Shoichi Kano was the guest
Published 13 Aug, 2006 12:00am
ILO and WPS to deal with women employment issues

ILO and WPS to deal with women employment issues

The International Labour Organisation (ILO) in collaboration with Women Political School (WPS) initiated capacity building of 28,000 women councillors to effectively deal with women employment issues.
Published 13 Aug, 2006 12:00am
CAA denies news report on 'bomb threat'

CAA denies news report on 'bomb threat'

A spokesman of Civil Aviation Authority on Saturday contradicted a news item regarding receiving "bomb threat" at the Islamabad International Airport. In a press statement he said the news item appeared in a section of the press is "baseless" and has "no
Published 13 Aug, 2006 12:00am
People allowed to visit Supreme Court building

People allowed to visit Supreme Court building

The Supreme Court has decided to allow the general public to visit Supreme Court Building particularly monument set up in the premises of the Court after 5:00 pm from Saturday till further order, a Supreme Court statement said.
Published 13 Aug, 2006 12:00am
88 sent on judicial remand

88 sent on judicial remand

Judicial Magistrate Multan Abdul Haq Jabba has sent 88 people to prison on judicial remand for two weeks on Saturday they were deported from Muscat and the court ordered the Federal Investigation Agency (FIA) authorities to apprehend the culprits involved
Published 13 Aug, 2006 12:00am
50 percent increase registered in trade with Russia

50 percent increase registered in trade with Russia

About fifty percent increase had been registered in trade between Pakistan and Russia, Consular in Pakistan Embassy in Russia, Abdul Matin Khan said on Saturday. In an interview with Radio Moscow he expressed satisfaction over the progress in relations be
Published 13 Aug, 2006 12:00am
Sherpao hails MOL's help to quake victims

Sherpao hails MOL's help to quake victims

Federal Interior Minister Aftab Ahmed Khan Sherpao received a consignment of relief goods for the flood victims of the NWFP from General Manager of MOL Group, Pakistan, Dr Gabor Vakarcs here, on Friday.
Published 13 Aug, 2006 12:00am
Shujaat and Mushahid elected PML president, secretary

Shujaat and Mushahid elected PML president, secretary

With no challengers in the field, Shujaat Hussain and Mushahid Hussain were elected unopposed as president and secretary general, respectively, of the ruling PML by the party's general council here on Saturday.
Published 13 Aug, 2006 12:00am
SPI, CPI and WPI show single-digit increase in July 2006

SPI, CPI and WPI show single-digit increase in July 2006

According to Federal Bureau of Statistics, the inflation rates based on SPI, CPI and WPI showed single digit increase during July 2006, as compared to July 2005. The monthly data showed SPI rose by 8.090 percent, CPI by 7.63 percent and WPI by 8.43 percen
Published 13 Aug, 2006 12:00am
Aptma concerned over interest rates hike

Aptma concerned over interest rates hike

All Pakistan Textile Mills Association (Aptma) NWFP chapter Chairman Afan Aziz has expressed his dismay over the recent increase in the bank interest rates and its adverse affect on the capital intensive industry.
Published 13 Aug, 2006 12:00am
Pakistan army band performance lauded

Pakistan army band performance lauded

The performance of Pakistan Armed Forces Tri-Service band received high praise at a three-day International Tattoo show held in Brunei. According to a message received here on Saturday.
Published 13 Aug, 2006 12:00am
VCoAS visits tribal areas

VCoAS visits tribal areas

General Ahsan Saleem Hayat, Vice Chief of Army Staff (VCoAS) visited North Waziristan in Federally Administered Tribal Areas (Fata). He was given detailed briefing by General Officers Commanding Major General Azhar Ali Shah in North Waziristan Agency, abo
Published 13 Aug, 2006 12:00am
'Coordinated efforts being taken for higher education uplift'

'Coordinated efforts being taken for higher education uplift'

Sindh Governor Dr Ishratul Ibad has said that co-ordinated measures were being taken for promotion of higher education and improvement in quality. In this regard, steps were in hand to bring researching, teaching and development schemes thereof in univers
Published 13 Aug, 2006 12:00am
Pakistan's defence strong: Rao

Pakistan's defence strong: Rao

Defence Minister Rao Sikandar Iqbal has said that the country's defence is so strong and credible that nation can depend on its strength. He said the government is on way to increase defence capabilities of the country in accordance to a well-thought-out
Published 13 Aug, 2006 12:00am
Muslim groups, MPs criticise UK's foreign policy

Muslim groups, MPs criticise UK's foreign policy

Britain's foreign policy has made it a target for extremists, a coalition of prominent Islamic groups said in an open letter published on Saturday. The letter, carried by several major British papers, said that the British intervention in Iraq and the fai
Published 13 Aug, 2006 12:00am
Sarki leaves for Japan

Sarki leaves for Japan

Sindh Minister for Inter-Province Co-ordination, Dr Sohrab Sarki on Saturday left for Japan on the invitation of Pakistan Association, Japan. He will attend various programs being organised in Japan to celebrate the 60th Independence Day of Pakistan.
Published 13 Aug, 2006 12:00am
Pakistan and China to undertake space projects

Pakistan and China to undertake space projects

Pakistan, China and some other regional countries are likely to complete legal and administrative work by the end of the year for undertaking joint projects of common interest in the field of space technology.
Published 13 Aug, 2006 12:00am
Fakhar Imam slams PML elections

Fakhar Imam slams PML elections

Former National Assembly Speaker and senior Muslim League leader, Syed Fakhar Imam has criticised the unopposed election of Chaudhry Shujaat Hussain and Mushahid Hussain, saying this trend was harmful for political system.
Published 13 Aug, 2006 12:00am
Pakistan to attend Cairns meeting

Pakistan to attend Cairns meeting

Pakistan will attend the 20th anniversary of Cairns Group Ministerial meeting to be held in Cairns, Queensland, Australia from 20-22 September, it was learnt on Saturday. This year the Cairns Group of agricultural exporting nations.
Published 13 Aug, 2006 12:00am
BoP to provide Rs seven billion loans to growers

BoP to provide Rs seven billion loans to growers

Bank of Punjab would provide loans to the tune of Rs7 billion to growers during the current fiscal year. The President of the Bank, Hamesh Khan, stated this while taking to newsmen at the inauguration of BoP's display centre in DHA here on Saturday.
Published 13 Aug, 2006 12:00am
'TV footage of kids' corpse generating extremism'

'TV footage of kids' corpse generating extremism'

A Britain-based Pakistani leader Lord Nazir Ahmed has said TV footage of corpses of Muslim children and women killed in Lebanon and else where are generating extremist sentiments among the Muslim youth all over the world.
Published 13 Aug, 2006 12:00am
Rs 170 million airfield lighting system installed at SIA

Rs 170 million airfield lighting system installed at SIA

The airfield light system, costing over Rs 170 million, has been installed at Sialkot International Airport (SIA) to enable the Boeing 747 planes land at the airport. Talking to reporters at Sialkot International Airport on Friday, SAI Chief Executive Kha
Published 13 Aug, 2006 12:00am
Election schedule for APCPA announced

Election schedule for APCPA announced

The election schedule for All Pakistan Cotton Powerlooms Association (APCPA) for the years 2006-2008 has been announced. The election process will start from August 16, 2006 and continue on September 25 with the announcement of the final results.
Published 13 Aug, 2006 12:00am
Altaf to address MQM workers today

Altaf to address MQM workers today

Muttahida Qaumi Movement (MQM) Quaid Altaf Hussain will make a telephonic address to the party workers at Minar-e-Pakistan here on Sunday evening. Party's Lahore secretariat has given final touch to the arrangements for Altaf's address, which will be dire
Published 13 Aug, 2006 12:00am
Security agencies told to remain vigilant

Security agencies told to remain vigilant

Almost all flights delayed as the security has been beefed up at Multan, Dera Ghazi Khan, Bahawalpur and Rahimyar Khan airports in the Southern Punjab after British security agencies on Thursday foiled a terror plot for blowing the US-bound airliners.
Published 13 Aug, 2006 12:00am
27 villages electrified

27 villages electrified

Twenty-seven villages have been electrified while the work in 15 others is in progress in the Chiniot Tehsil, said Faisalabad Electric Supply Corporation (Fesco) Assistant Manager Pir M Khatran Baloch. He said that 42 schemes were approved in the prime mi
Published 13 Aug, 2006 12:00am
'Dilapidated buildings must be demolished'

'Dilapidated buildings must be demolished'

Dilapidated buildings must be demolished immediately to avert any monsoon-related emergency, said a spokesman for the Faisalabad Development Authority. "Dangerous buildings are a threat to innocent lives," he said, adding that owners of the dangerous buil
Published 13 Aug, 2006 12:00am
'Traffic signals to be improved'

'Traffic signals to be improved'

The signals in the industrial city will be improved to regulate the traffic on roads, said a spokesman for the District Officer Roads, Highway Division. He further said that the existing signals would be rehabilitated in addition to the installation of ne
Published 13 Aug, 2006 12:00am
Fruit and vegetable exporters to visit Bangladesh on August 16

Fruit and vegetable exporters to visit Bangladesh on August 16

An eight-member delegation of Balochistan-based leading fruits and vegetables' exporters of Pakistan will arrive in Bangladesh on August 16 for a three-day tour. A press release of Pakistan High Commission here said that an eight-member fruit and vegetabl
Published 13 Aug, 2006 12:00am
'Balochistan will soon become a symbol of security, integrity'

'Balochistan will soon become a symbol of security, integrity'

The General Officer Commanding (GOC), 33 Division, Major General Haroon Aslam, has said that Balochistan will soon become a symbol of security and integrity. Addressing the closing ceremony of Pre-ISSB training classes, arranged for the youth here on Satu
Published 13 Aug, 2006 12:00am
Two eyewitnesses of Brohi murder case kidnapped

Two eyewitnesses of Brohi murder case kidnapped

Unidentified armed peoples have kidnapped Muhammad Siddique Brohi and Qadir Bux Brohi, the eyewitnesses of Rasool Bux Brohi's alleged murder by the Lyari Task Force. The two eyewitnesses were on their way to Nawabshah for hearing of the case on Saturday m
Published 13 Aug, 2006 12:00am
BoP opens display centre in DHA

BoP opens display centre in DHA

The Bank of Punjab opened its display centre in Defence Housing Authority here on Saturday to provide products of leading manufacturers on instalment to members and employees of DHA. Administrator, DHA, Brigadier Fazal Nawaz Khan inaugurated the centre wh
Published 13 Aug, 2006 12:00am
'No-confidence motion will fail'

'No-confidence motion will fail'

Sumandri Town Nazim Shah Nawaz Chaudhry has said the no-confidence motion against Prime Minister Shaukat Aziz will fail. He was talking to 21 union council Nazims who called on him at his residence at Chak 225. He said he would solve the people's problems
Published 13 Aug, 2006 12:00am
Independence Day: TDCP announces gifts for tourists

Independence Day: TDCP announces gifts for tourists

The Tourism Development Corporation of Punjab (TDCP) has announced to present gifts and special discounts to all the tourists and guests on the Independence Day. A TDCP spokesman said here on Friday that the people, who would visit Chiniot motel along Riv
Published 13 Aug, 2006 12:00am
Bomb hoax

Bomb hoax

Panic gripped the customers at the MCB Bank Limited, Islampura branch, when an unknown customer left a shopping bag on Saturday afternoon. The customers, present in the bank, started crying, but when one of the bank employees opened the shopping bag, he f
Published 13 Aug, 2006 12:00am
Karachi's power supply shutdown

Karachi's power supply shutdown

Complete shutdown of power supply in Karachi's five industrial estates for over six days caused an aggregate loss of $80 million in exports. And even after six days, supply to 60 percent of the industrial units remained suspended.
Published 13 Aug, 2006 12:00am
Sindh's industrial infrastructure

Sindh's industrial infrastructure

It, indeed, is gratifying to learn from a Recorder Report that, at long last, a beginning has been made in providing Sindh with a befitting infrastructure, conducive to its crying needs and circumstances, with a marked focus on Karachi, the country
Published 13 Aug, 2006 12:00am
The five wars of Hizbullah and Israel

The five wars of Hizbullah and Israel

After four weeks of violent but inconclusive warfare, there were almost as many diplomats as missiles flying overhead in Beirut in the last few days, signalling a shift from fighting to negotiating, as the war's true dimensions and stakes suddenly become
Published 13 Aug, 2006 12:00am
Lebanon: a slap on world's conscience

Lebanon: a slap on world's conscience

Rumours of late were taking rounds that the money- changers have turned into the Shylocks of Judaea baying for flesh and blood. What a blasphemy for the chosen ones, thousand apologies better mind your language. Some think it is a genetic disorder others
Published 13 Aug, 2006 12:00am
Standing up to Israel

Standing up to Israel

By giving a green signal to Israel to attack Lebanon, the US has once again behaved as an extension of the Israeli government. Its advice to the invading party not to kill civilians was a solace for its collateral satisfaction vis-à-vis its signal.
Published 13 Aug, 2006 12:00am
Rain havoc in Karachi

Rain havoc in Karachi

More then 2 dozen people lost their lives because of callousness of the planners and failure in their co-ordination, who claim that Karachi will soon be a city of luxurious living. This rhetoric was dinned in our ears by ex-City Nazim and now the energeti
Published 13 Aug, 2006 12:00am
Cuba: small country, large symbol

Cuba: small country, large symbol

Cuba is on all counts a very small country - with a population of 11.4 million people, a GDP of 39 billion dollars a year and an annual volume of trade of 9.3 billion dollars. But it has for years projected itself far beyond these numbers.
Published 13 Aug, 2006 12:00am
Gandi-DI Khan highway approved: minister

Gandi-DI Khan highway approved: minister

Federal Minister for Inter Provincial Co-ordination, Senator Salim Saifullah Khan said that the Federal Government has approved 118 kilometres Gandi- D I Khan dual highway for the southern districts of NWFP and disclosed that work would shortly commence o
Published 13 Aug, 2006 12:00am
CDA demolishes 40 temporary huts

CDA demolishes 40 temporary huts

The Capital Development Authority (CDA) on Saturday conducted an operation against illegal encroachments and illegally builds. During the operation enforcement department of CDA has demolished almost 40 temporary huts here at Capital sector G-1.
Published 13 Aug, 2006 12:00am
'New Media Policy in final stages'

'New Media Policy in final stages'

Secretary Information and Broadcasting Shahid Rafi said on Saturday that preparation of new Media Policy was in final stages and it would be announced soon.
Published 13 Aug, 2006 12:00am
US team meets Pemra chief

US team meets Pemra chief

A three-member delegation, led by David A. Gross the US Ambassador and Co-ordinator for International Communication and Information Policy Bureau of Economics & Business Affairs, called on the chairman Pemra to discuss various issues of bilateral importan
Published 13 Aug, 2006 12:00am
AJK APHC to observe black day on August 15

AJK APHC to observe black day on August 15

All Parties Hurriyat Conference Azad Jammu and Kashmir (AJK) Convenor and Chairman People's Freedom League Muhammad Farooq Rehmani has said that Kashmiris in Pakistan and AJK would observe 'black day' on August 15 independence day of India.
Published 13 Aug, 2006 12:00am
UK rejects foreign policy link to attack threat

UK rejects foreign policy link to attack threat

The British government on Saturday rejected as "dangerous and foolish" accusations that its foreign policy heightened the threat of terrorist attacks after police foiled a plot to blow up transatlantic airliners.
Published 13 Aug, 2006 12:00am
Sri Lankan peace official assassinated

Sri Lankan peace official assassinated

Unidentified gunmen shot dead Saturday a top Sri Lankan official involved in the Norwegian-led peace process with Tamil Tiger rebels, police said. Ketheesh Loganathan, the Deputy Secretary-General of the Peace Secretariat, was shot at his home in Colombo'
Published 13 Aug, 2006 12:00am
Tigers break through northern defences; 27 soldiers killed

Tigers break through northern defences; 27 soldiers killed

Sri Lanka's Tamil Tiger rebels broke through military defences in the island's far north and overran army bunkers on Saturday, truce monitors said, as the fiercest fighting since a 2002 truce spread.
Published 13 Aug, 2006 12:00am
Japanese, French satellites put into orbit

Japanese, French satellites put into orbit

An Ariane-5 rocket blasted off from French Guiana on Friday, putting into orbit a Japanese civilian communications satellite and a French military communications satellite, officials said. The launch took place at Europe's space base in Kourou, on the nor
Published 13 Aug, 2006 12:00am
Mahathir strikes at seat of Prime Minister's power

Mahathir strikes at seat of Prime Minister's power

Former Malaysian leader Mahathir Mohamad took his attack against Prime Minister Abdullah Ahmad Badawi to the seat of power, the ruling party, on Saturday - and found plenty of support for his criticisms.
Published 13 Aug, 2006 12:00am
Top Tajik general jailed for life

Top Tajik general jailed for life

A former elite general in the war-ravaged Central Asian state of Tajikistan has been jailed for life for planning an armed revolt against President Emomali Rakhmonov, the general's lawyer said on Saturday.
Published 13 Aug, 2006 12:00am
Ethiopia ratifies nuclear test ban treaty

Ethiopia ratifies nuclear test ban treaty

Ethiopia has ratified an international United Nations treaty that bans explosive testing of nuclear weapons, bringing the total number of ratifications to 135, an official statement said Saturday.
Published 13 Aug, 2006 12:00am
Italy readies up to 3,000 troops for Lebanon

Italy readies up to 3,000 troops for Lebanon

Italy is ready to send between 2,000 and 3,000 troops to Lebanon as part of the planned United Nations force to enforce a cease-fire, Defence Under-secretary Lorenzo Forcieri told Reuters on Saturday. Forcieri said it was "realistic" that Italy would be g
Published 13 Aug, 2006 12:00am
Shoaib Akhtar could return for final Test: Woolmer

Shoaib Akhtar could return for final Test: Woolmer

Pakistan fast bowler Shoaib Akhtar could return to action for the final Test against England next week, coach Bob Woolmer said, after coming through eight overs against a West Indies A side here on Saturday.
Published 13 Aug, 2006 12:00am
Williams, Sharapova reach Los Angeles semi-finals

Williams, Sharapova reach Los Angeles semi-finals

Resurgent Serena Williams overcame a strong challenge from fellow American Meghann Shaughnessy to move into the Los Angeles Open semi-finals with a 6-7 6-1 6-4 win on Friday.
Published 13 Aug, 2006 12:00am
Federer battles into Toronto semis

Federer battles into Toronto semis

Roger Federer battled through to the Toronto Masters semi-finals with a 7-6 6-7 6-3 win over Xavier Malisse on Friday. Playing his first event since claiming his fourth consecutive Wimbledon title, the world number one has yet to slip into a comfortable r
Published 13 Aug, 2006 12:00am
Rashid Latif believes Jones should be forgiven for gaffe

Rashid Latif believes Jones should be forgiven for gaffe

Former Pakistan captain Rashid Latif has called on the cricket community to forgive disgraced Australian commentator Dean Jones for his disparaging remarks about South African cricketer Hashim Amla.
Published 13 Aug, 2006 12:00am
Bangladesh beat Kenya

Bangladesh beat Kenya

Bangladesh beat Kenya by six wickets in the first one day international at the Gymkhana Club Ground here on Saturday. Bangladesh replied with 170-4 after dismissing Kenya for 168 all out inside 50 overs. The second of the three one day internationals is o
Published 13 Aug, 2006 12:00am
Perth pitch not at its best for Ashes

Perth pitch not at its best for Ashes

Perth's WACA cricket pitch, once regarded as the fastest in Australia, will not be at its fearsome best for Australia's Ashes series with England in December, the ground curator said Saturday.
Published 13 Aug, 2006 12:00am
Canadian dollar ends higher

Canadian dollar ends higher

The Canadian dollar rose in see-saw trade on Friday as news of a third takeover bid for Canadian nickel miner Inco Ltd offset downward pressure from surprisingly strong US retail sales data.
Published 13 Aug, 2006 12:00am
IMM speculators hold record net long euro, sterling positions

IMM speculators hold record net long euro, sterling positions

International Money Market currency speculators upped their bets against the dollar in the week to August 8, in the process accumulating record bets on the euro and sterling strengthening, data released on Friday showed.
Published 13 Aug, 2006 12:00am
Forex market views and key levels

Forex market views and key levels

Following is a selection of comments from analysts on important technical developments in the foreign exchange market:
Published 13 Aug, 2006 12:00am
Dollar climbs even with Fed on hold

Dollar climbs even with Fed on hold

The dollar rose on Friday, capping its largest one-week rise in nearly a month on the view the Federal Reserve may not be able to keep official US interest rates steady for long.
Published 13 Aug, 2006 12:00am
Sluggish trend on cotton market

Sluggish trend on cotton market

Sluggish trading was seen on the cotton market on Saturday as the Trading Corporation of Pakistan (TCP) sold all 28,000 bales of cotton, dealers said. The official spot rate was inert at Rs 2475, without upcountry expenses.
Published 13 Aug, 2006 12:00am
CBOT rice slips

CBOT rice slips

Chicago Board of Trade rough rice futures closed mostly lower on Friday, retreating from contract highs as speculators took profits, traders said. CBOT September rice closed unchanged at $9.61-1/2 per hundredweight, near its session low of $9.60. Most-act
Published 13 Aug, 2006 12:00am
Asian rubber: Tokyo futures reverse gains

Asian rubber: Tokyo futures reverse gains

Japan's most active rubber futures contract ended lower in volatile trade on Friday as speculators booked profits after the price had risen more than 2 percent the previous day.
Published 13 Aug, 2006 12:00am
Chile and Guinea buy Vietnamese rise

Chile and Guinea buy Vietnamese rise

State-run Northern Food Corporation, Vietnam's second-largest rice exporter, has agreed to supply Chile and Guinea with up to 100,000 tonnes each through auctions, state media reported on Friday.
Published 13 Aug, 2006 12:00am
New York copper falls

New York copper falls

Copper also settled lower on news that BHP Billiton had sat down to negotiate an end to a labour strike affecting Escondida, the world's largest copper mine in Chile. COMEX copper for September fell 4 percent, or $14.80, to end at $3.4765 a lb.
Published 13 Aug, 2006 12:00am
New York sugar finishes at eight-month low

New York sugar finishes at eight-month low

Raw sugar prices closed on Friday at its lowest level in eight months as commodity fund sales hammered the market and further pressure could lead to lower values next week, brokers said.
Published 13 Aug, 2006 12:00am
Indian wheat futures climb

Indian wheat futures climb

Indian wheat futures climbed on Friday on supply disruptions caused by floods in the country's south and west. Soya eased in line with global markets while good stocks dragged down sugar. The August wheat contract at the National Commodity and Derivatives
Published 13 Aug, 2006 12:00am
Indonesia palm oil firm

Indonesia palm oil firm

Tight crude palm oil supply supported Indonesian prices on Friday, but trading was subdued as players stayed on the sidelines to await clearer price leads next week. Crude palm oil at the state marketing centre's auction in Jakarta traded at 4,463 rupiah
Published 13 Aug, 2006 12:00am
Australian barley jumps

Australian barley jumps

China has snapped up large tonnage's of Australian malting barley in the past two weeks, strongly driving up prices on concerns of a supply squeeze. This has brought China's purchases of Australian malting barley, used to over 1.5 million tonnes this year
Published 13 Aug, 2006 12:00am
Asian freight rates continue to hit new highs

Asian freight rates continue to hit new highs

Freight rates for the benchmark Asian route hit a fresh-high this week, on healthy demand for spot cargo trades, as traders turned to lock in their end-of year shipping requirements.
Published 13 Aug, 2006 12:00am
Brazilian sugar vessels lineup rises

Brazilian sugar vessels lineup rises

The lineup of vessels waiting to load sugar in Brazilian ports rose to 48 from last week's 46, shipping agent Williams said Thursday. In a weekly report, it said 40 vessels were lined up in the southern port of Santos, up from 39 last week.
Published 13 Aug, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 81,003 tonnes of cargo including 53,726 tonnes import, 27,277 tonnes export cargo and 4,618 containers during last 24 hours ending at 0700 hours on Saturday.
Published 13 Aug, 2006 12:00am
Singapore bunker fuel prices fall

Singapore bunker fuel prices fall

Singapore bunker prices fell on Friday as the differential to fuel oil cargo values stayed at a discount of more than $2, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $321-$323 a tonne, down $7 from Thursday's Asian close, whil
Published 13 Aug, 2006 12:00am
Raw rubber down on Jodia Bazar

Raw rubber down on Jodia Bazar

The trading in raw rubber moved down on Saturday in Jodia Bazar. The following changes were seen. Raw rubber Ceylon (Per lb): RSSV closed down by Rs 2 at Rs 73 and Pale Crape TPC3 was quoted at Rs 80. LATEX: Semnan Tex ended lower by Rs 15 at Rs 505 and T
Published 13 Aug, 2006 12:00am
Asian clean tanker rates up on hot demand

Asian clean tanker rates up on hot demand

Asian clean tanker rates rose on Thursday, boosted by heightened trans-Pacific arbitrage bookings as traders anticipated a product pinch following BP's closure of its large Prudhoe Bay oilfield.
Published 13 Aug, 2006 12:00am
Danish shipper Torm's second quarter beats projections

Danish shipper Torm's second quarter beats projections

Danish shipping company Torm posted a smaller-than-expected 6 percent fall in second-quarter pretax profit and raised its full-year profit forecast on the back of continued high freight rates.
Published 13 Aug, 2006 12:00am
Danish shipper Torm's second quarter beats projections

Danish shipper Torm's second quarter beats projections

Danish shipping company Torm posted a smaller-than-expected 6 percent fall in second-quarter pretax profit and raised its full-year profit forecast on the back of continued high freight rates.
Published 13 Aug, 2006 12:00am
Prices rise on grain market

Prices rise on grain market

Rising trend was seen on the grain market on Saturday amid thin process, dealers said. On the grams side, Moon Punjab gained Rs 125 to Rs 4825. Masoor Australia shed Rs 50 to Rs 2650. Masoor Canada rose by Rs 100 to Rs 2750 and Masoor dal Pakistan followe
Published 13 Aug, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (August 12, 2006).

Published 13 Aug, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 12, 2006).
Published 13 Aug, 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 (August 12, 2006).

Published 13 Aug, 2006 12:00am
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