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Nov 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-10-11
Five die in accidents

Five die in accidents

Five persons, including three members of a family were killed in various road accidents here on Tuesday. First accident took place near Chak 363JB on Gojra-Pansara Road, where a speedy and uncontrolled pick-up collided with a motorcycle FSK-7367 here on T
Published 11 Oct, 2006 12:00am
Re-floating of capsized oil barge to take five days

Re-floating of capsized oil barge to take five days

Preliminary assessments of the capsized barge Orion-I indicated the re-floating work would commence in conjunction with oil siphonage from its tanks, which is still holding heavy furnace oil.
Published 11 Oct, 2006 12:00am
'Meri Awaz Suno' programme airs quake tragedy

'Meri Awaz Suno' programme airs quake tragedy

An independent radio programme project 'Meri Awaz Suno' aired a series of earthquake disaster follow-up news stories about the living standard and a critical review of rehabilitation and reconstruction phase in quake-hit zone.
Published 11 Oct, 2006 12:00am
Re-floating of capsized oil barge to take five days

Re-floating of capsized oil barge to take five days

Preliminary assessments of the capsized barge Orion-I indicated the re-floating work would commence in conjunction with oil siphonage from its tanks, which is still holding heavy furnace oil.
Published 11 Oct, 2006 12:00am
Message from chief executive

Message from chief executive

I wish to thank millions of our satisfied consumers for posing confidence in Shandy-Cola. Succeeding in business in countries like Pakistan is very easy. Honesty, Quality, Availability and reasonable price are the pillars at which the success rests.
Published 11 Oct, 2006 12:00am
Re-floating of capsized oil barge to take five days

Re-floating of capsized oil barge to take five days

Preliminary assessments of the capsized barge Orion-I indicated the re-floating work would commence in conjunction with oil siphonage from its tanks, which is still holding heavy furnace oil.
Published 11 Oct, 2006 12:00am
KFC - Finger Lickin Good!

KFC - Finger Lickin Good!

With over 15,000 restaurants located in more than 100 countries around the world, Kentucky Fried Chicken is one of the most recognised names in the food business in the world. Better known as KFC, the concept of serving delicious, wholesome chicken was in
Published 11 Oct, 2006 12:00am
'Quake reconstruction cost on prescribed criteria shoots up'

'Quake reconstruction cost on prescribed criteria shoots up'

The World Bank on Tuesday estimated that cost of reconstructing shelter on the prescribed criteria in earthquake affected areas has shot up and another Pakistani harsh winter without a roof is fast approaching, to make lives of over 1.8 million people mis
Published 11 Oct, 2006 12:00am
Bonanza - Absolutely world class

Bonanza - Absolutely world class

Bonanza Garments was established in the year 1976 with only a handful of machines. Today, after almost 30 years, it is one of the largest garment manufacturing company in Pakistan catering the local market as well as export markets of USA and Europe.
Published 11 Oct, 2006 12:00am
'Quake reconstruction cost on prescribed criteria shoots up'

'Quake reconstruction cost on prescribed criteria shoots up'

The World Bank on Tuesday estimated that cost of reconstructing shelter on the prescribed criteria in earthquake affected areas has shot up and another Pakistani harsh winter without a roof is fast approaching, to make lives of over 1.8 million people mis
Published 11 Oct, 2006 12:00am
Cooking in Ramazan trans fats free!

Cooking in Ramazan trans fats free!

In the month of Ramazan the use of banaspati and cooking oil multiplies manifold as the traditional Pakistani cuisine requires its heavy usage for deep frying. During Ramazan, fried and delicious Pakoras in the Iftari and mouth watering Parathas in the Se
Published 11 Oct, 2006 12:00am
Five killed in IoK shootout

Five killed in IoK shootout

Four Indian soldiers and a suspected freedom fighter were killed in a shootout after rebels ambushed an army patrol in Indian Kashmir, the army said Tuesday.
Published 11 Oct, 2006 12:00am
FOB Gulf higher futures prices pressure wheat and soya

FOB Gulf higher futures prices pressure wheat and soya

US FOB Gulf hard wheat export premiums slid on Monday as futures prices skyrocketed amid tight world wheat supplies, traders said. Soyabean export premiums also came under pressure from the higher futures prices, but corn and soft wheat basis offers held
Published 11 Oct, 2006 12:00am
Five killed in IoK shootout

Five killed in IoK shootout

Four Indian soldiers and a suspected freedom fighter were killed in a shootout after rebels ambushed an army patrol in Indian Kashmir, the army said Tuesday.
Published 11 Oct, 2006 12:00am
Activity at Karachi Qasim ports

Activity at Karachi Qasim ports

The Karachi Port handled 68,948 tonnes of cargo including 63,998 tonnes import, 4,950 tonnes export cargo and 1,555 containers during last 24 hours ending at 0700 hours on Tuesday.
Published 11 Oct, 2006 12:00am
India to give Pakistan proof on Mumbai blasts: Singh

India to give Pakistan proof on Mumbai blasts: Singh

Indian Prime Minister Manmohan Singh, on a visit to London, reiterated here on Tuesday that New Delhi would provide Islamabad with evidence of alleged Pakistani involvement in the deadly Mumbai train bombings.
Published 11 Oct, 2006 12:00am
Singapore bunker fuel prices steady

Singapore bunker fuel prices steady

Singapore bunker prices were stable on Tuesday as its premium to fuel oil cargo values hovered at $1-$2 a tonne for a third consecutive day amid poor demand.
Published 11 Oct, 2006 12:00am
India to give Pakistan proof on Mumbai blasts: Singh

India to give Pakistan proof on Mumbai blasts: Singh

Indian Prime Minister Manmohan Singh, on a visit to London, reiterated here on Tuesday that New Delhi would provide Islamabad with evidence of alleged Pakistani involvement in the deadly Mumbai train bombings.
Published 11 Oct, 2006 12:00am
HRW wheat bids steady to weaker

HRW wheat bids steady to weaker

US Plains hard red winter wheat basis bids were steady to weaker on Tuesday amid increased country wheat sales in the aftermath of a sharp spike in futures prices.
Published 11 Oct, 2006 12:00am
Orix to arrange Rs 750 million badla financing for Callmate

Orix to arrange Rs 750 million badla financing for Callmate

Callmate Tellips Telecom Limited (CTTL) has given a mandate to Orix Investment Bank Pakistan Limited (OIBPL) as its financial advisor to arrange badla financing transaction of Rs 750 million for Callmate shares.
Published 11 Oct, 2006 12:00am
Oil World forecasts record US soyabean exports

Oil World forecasts record US soyabean exports

US 2006/07 soyabean exports will reach record volumes as South American shipments weaken, Hamburg-based oilseeds analysts Oil World forecasts. It estimates total US 2006/07 soyabean exports at 31.8 million tonnes, up steeply by 6.0 million tonnes from 200
Published 11 Oct, 2006 12:00am
Orix to arrange Rs 750 million badla financing for Callmate

Orix to arrange Rs 750 million badla financing for Callmate

Callmate Tellips Telecom Limited (CTTL) has given a mandate to Orix Investment Bank Pakistan Limited (OIBPL) as its financial advisor to arrange badla financing transaction of Rs 750 million for Callmate shares.
Published 11 Oct, 2006 12:00am
US Midwest soya and corn mixed

US Midwest soya and corn mixed

Spot basis bids for corn and soyabeans were mixed around the US Midwest on Tuesday after a strong futures market rally raised cash prices and led to some scattered farmer selling, grain dealers said.
Published 11 Oct, 2006 12:00am
Orix to arrange Rs 750 million badla financing for Callmate

Orix to arrange Rs 750 million badla financing for Callmate

Callmate Tellips Telecom Limited (CTTL) has given a mandate to Orix Investment Bank Pakistan Limited (OIBPL) as its financial advisor to arrange badla financing transaction of Rs 750 million for Callmate shares.
Published 11 Oct, 2006 12:00am
Sunny spells help Ivorian cocoa crop

Sunny spells help Ivorian cocoa crop

Long sunny spells in Ivory Coast's cocoa regions are helping fortify developing main crop pods and making it easier to dry beans as the new season harvest gathers pace, farmers and analysts said on Tuesday.
Published 11 Oct, 2006 12:00am
Powers pursue Iran sanctions amid North Korean crisis

Powers pursue Iran sanctions amid North Korean crisis

Major powers are pressing ahead with plans to impose UN sanctions on Iran over its uranium enrichment program even as the world body grapples with the reality of a newly nuclear North Korea, a senior US official said Tuesday.
Published 11 Oct, 2006 12:00am
Corn futures up at new two-year high

Corn futures up at new two-year high

Corn futures at the Chicago Board of Trade rallied 7 percent on Monday to a fresh two-year high and new contract highs following a limit-up surge in wheat to 10-year highs amid shrinking global stocks of wheat, traders said.
Published 11 Oct, 2006 12:00am
Philosophical and psychiatric dimensions of suicide discussed

Philosophical and psychiatric dimensions of suicide discussed

At a seminar to mark the World Mental Health Day, eminent scholars discussed philosophical and psychiatric dimensions of 'suicide.' The seminar titled "Building Awareness: Reducing Risk, Mental Illness and Suicide" was organised by the Mental Health Resea
Published 11 Oct, 2006 12:00am
China plans to sell sugar from state reserves

China plans to sell sugar from state reserves

China is planning to sell additional sugar from state reserves, bringing its total sales for this year past its original target of 1.1 million tonnes as prices remain stubbornly high.
Published 11 Oct, 2006 12:00am
CBOT wheat locks limit-up

CBOT wheat locks limit-up

Nearby wheat futures on the Chicago Board of Trade settled up the daily trading limit of 30 cents a bushel on Monday, rocketing higher on Australian crop worries and heavy spread trade, traders said.
Published 11 Oct, 2006 12:00am
Bangladesh tea prices fall

Bangladesh tea prices fall

The average price of Bangladesh teas fell slightly to 103.73 taka ($1.54) per kg despite good demand at a weekly auction on Tuesday, brokers said.
Published 11 Oct, 2006 12:00am
No one will be allowed to hamper uplift in Balochistan: Musharraf

No one will be allowed to hamper uplift in Balochistan: Musharraf

A meeting was held in President's camp office Rawalpindi, on Tuesday to review a range of issues including law and order situation in Balochistan, development projects, Gwadar port and campaign by the law enforcement agencies against farrari camps.
Published 11 Oct, 2006 12:00am
Solo change on grain market

Solo change on grain market

Solo change was seen on the grain market on Tuesday as other commodities maintained their overnight levels due to balanced demand and ssupply position, dealers said On the cereals side, wheat Mexipak old and new gained Rs 10 to Rs 1176 and Rs 1191 in proc
Published 11 Oct, 2006 12:00am
No one will be allowed to hamper uplift in Balochistan: Musharraf

No one will be allowed to hamper uplift in Balochistan: Musharraf

A meeting was held in President's camp office Rawalpindi, on Tuesday to review a range of issues including law and order situation in Balochistan, development projects, Gwadar port and campaign by the law enforcement agencies against farrari camps.
Published 11 Oct, 2006 12:00am
Raw rubber down on Jodia Bazar

Raw rubber down on Jodia Bazar

The trading on raw rubber ended down on Jodia Bazar here on Tuesday. Only one change was seen on raw rubber Ceylon side.
Published 11 Oct, 2006 12:00am
Oil and gas sector reforms: World Bank assures continued assistance

Oil and gas sector reforms: World Bank assures continued assistance

The World Bank fully supports Pakistan government''s petroleum sector reforms and would continue to provide assistance in realising the full benefits of oil and gas sector liberalisation and reforms, a spokesman of the WB said here on Tuesday.
Published 11 Oct, 2006 12:00am
Oil cake market rates

Oil cake market rates

Futures turned lower on the forward cottonseed oilcake market on Tuesday as most of the buyers kept to the sidelines due to satisfactory position on the supply side, dealers said.
Published 11 Oct, 2006 12:00am
Oil and gas sector reforms: World Bank assures continued assistance

Oil and gas sector reforms: World Bank assures continued assistance

The World Bank fully supports Pakistan government's petroleum sector reforms and would continue to provide assistance in realising the full benefits of oil and gas sector liberalisation and reforms, a spokesman of the WB said here on Tuesday.
Published 11 Oct, 2006 12:00am
KCA spot rate slips amid good supply, sales

KCA spot rate slips amid good supply, sales

Strong buying was again seen on the cotton market on Tuesday as prevailing rates were matching with their export parity levels, dealers said. As a result of increased supply of the phutti, the Karachi Cotton Association (KCA) official spot rate was down b
Published 11 Oct, 2006 12:00am
Oil and gas sector reforms: World Bank assures continued assistance

Oil and gas sector reforms: World Bank assures continued assistance

The World Bank fully supports Pakistan government's petroleum sector reforms and would continue to provide assistance in realising the full benefits of oil and gas sector liberalisation and reforms, a spokesman of the WB said here on Tuesday.
Published 11 Oct, 2006 12:00am
MGE wheat up

MGE wheat up

Spring wheat futures at the Minneapolis Grain Exchange were up sharply Monday, following a rally in the Chicago market to 30-cent limit gains in the nearby three contracts, traders said. The MGE wheat was unchanged to 26 cents per bushel higher, with Dece
Published 11 Oct, 2006 12:00am
UK wheat crop seen higher

UK wheat crop seen higher

UK wheat production is seen up 1.7 percent this year at 15.1 million tonnes, boosted by higher yields, Britain's National Farmers Union said on Monday.
Published 11 Oct, 2006 12:00am
Cocoa slips in New York

Cocoa slips in New York

The US cocoa fell almost 1 percent on Monday as steady arrivals at ports in Ivory Coast, which is in the midst of its main cocoa harvest, forced more selling pressure on the market.
Published 11 Oct, 2006 12:00am
Austria's GMO bans come under EU spotlight again

Austria's GMO bans come under EU spotlight again

EU environment ministers should consider later this year whether to order Austria to lift its bans on two genetically modified (GMO) maize types: restrictions that were attacked this year by the World Trade Organisation.
Published 11 Oct, 2006 12:00am
Renewable Energy Policy draft ready for ECC approval

Renewable Energy Policy draft ready for ECC approval

Water and Power Minister Liaquat Ali Jatoi on Tuesday cleared the draft of first ever Renewable Energy Policy for submission to the Economic Co-ordination Committee (ECC) of the cabinet for final approval, envisaging mainstreaming of renewable energy empl
Published 11 Oct, 2006 12:00am
New York coffee closes with moderate losses

New York coffee closes with moderate losses

Arabica benchmark coffee futures ended with moderate losses on Monday after slipping to a one-week low on forecasts for more rain later this week in top grower Brazil's coffee region traders said.
Published 11 Oct, 2006 12:00am
Renewable Energy Policy draft ready for ECC approval

Renewable Energy Policy draft ready for ECC approval

Water and Power Minister Liaquat Ali Jatoi on Tuesday cleared the draft of first ever Renewable Energy Policy for submission to the Economic Co-ordination Committee (ECC) of the cabinet for final approval, envisaging mainstreaming of renewable energy empl
Published 11 Oct, 2006 12:00am
Brazil sugar: rains raise doubt over harvest size

Brazil sugar: rains raise doubt over harvest size

Widespread rain in Brazil's center-south cane region this month and forecasts of more rain may harm cane crushing in the final stage of the harvest, producers and traders said on Monday.
Published 11 Oct, 2006 12:00am
Renewable Energy Policy draft ready for ECC approval

Renewable Energy Policy draft ready for ECC approval

Water and Power Minister Liaquat Ali Jatoi on Tuesday cleared the draft of first ever Renewable Energy Policy for submission to the Economic Co-ordination Committee (ECC) of the cabinet for final approval, envisaging mainstreaming of renewable energy empl
Published 11 Oct, 2006 12:00am
New York copper up

New York copper up

Copper futures in New York settled slightly higher on Monday but held in their recent range as players were reluctant to take on fresh exposure at the start of the London Metal Exchange conference week, sources said.
Published 11 Oct, 2006 12:00am
Afghanistan problems stem from within: Richards

Afghanistan problems stem from within: Richards

Afghanistan's major problems stem from within and are funded by narcotics trade, Nato commander in Afghanistan, British General David Richards, said here on Tuesday.
Published 11 Oct, 2006 12:00am
Australia sees sharp fall in cotton crop

Australia sees sharp fall in cotton crop

Namoi Cotton Co-Operative Ltd said on Tuesday it expected a sharp decline in Australia's 2007 cotton crop due to drought in the country's eastern states and low market prices.
Published 11 Oct, 2006 12:00am
Afghanistan problems stem from within: Richards

Afghanistan problems stem from within: Richards

Afghanistan's major problems stem from within and are funded by narcotics trade, Nato commander in Afghanistan, British General David Richards, said here on Tuesday.
Published 11 Oct, 2006 12:00am
Gold climbs in New York

Gold climbs in New York

New York gold futures rose 1 percent on Monday on safe-haven buying after North Korea said it had carried out a threatened nuclear test, traders said. The news from Pyongyang of the underground detonation also contributed to a jump in US crude oil prices,
Published 11 Oct, 2006 12:00am
MCB''''s GDR a huge success

MCB''''s GDR a huge success

Muslim Commercial Bank''''s global depository receipt (GDR) offering was cut off at Rs 264 per share to cover the $50 million book on Tuesday at 2.9 percent discount over Karachi Stock Exchange share price.
Published 11 Oct, 2006 12:00am
Tokyo gold hits one-week high

Tokyo gold hits one-week high

Tokyo gold futures rallied to a one-week high on Tuesday after a three-day weekend, as short-covering gathered steam due to a weaker yen and North Korea's announcement that it had conducted its first nuclear test.
Published 11 Oct, 2006 12:00am
MCB''s GDR a huge success

MCB''s GDR a huge success

Muslim Commercial Bank''s global depository receipt (GDR) offering was cut off at Rs 264 per share to cover the $50 million book on Tuesday at 2.9 percent discount over Karachi Stock Exchange share price.
Published 11 Oct, 2006 12:00am
Gold gains as Tokyo reopens

Gold gains as Tokyo reopens

Gold rose on Tuesday as Japanese speculators returned to the market after a holiday, but dealers said the metal needed to crack resistance above $580 an ounce to sustain gains.
Published 11 Oct, 2006 12:00am
MCB's GDR a huge success

MCB's GDR a huge success

Muslim Commercial Bank's global depository receipt (GDR) offering was cut off at Rs 264 per share to cover the $50 million book on Tuesday at 2.9 percent discount over Karachi Stock Exchange share price.
Published 11 Oct, 2006 12:00am
Malaysian tin falls

Malaysian tin falls

Malaysian tin closed down $30 on Tuesday due to a technical correction as the premium over the tin price on the London Metal Exchange remained high, one dealer said.
Published 11 Oct, 2006 12:00am
MCB's GDR a huge success

MCB's GDR a huge success

Muslim Commercial Bank's global depository receipt (GDR) offering was cut off at Rs 264 per share to cover the $50 million book on Tuesday at 2.9 percent discount over Karachi Stock Exchange share price.
Published 11 Oct, 2006 12:00am
Japan may buy wheat from US

Japan may buy wheat from US

Japan's Agriculture Ministry said on Tuesday it had offered to buy a total of 60,000 tonnes of milling wheat from the United States, Canada and Australia in a regular weekly tender closing on Thursday.
Published 11 Oct, 2006 12:00am
Oil holds around $60 as Opec fine-tunes output cuts

Oil holds around $60 as Opec fine-tunes output cuts

Oil hovered around $60 a barrel on Tuesday as Opec worked out the details of an expected 1 million barrels per day (bpd) production cut, with gains checked by a lack of Saudi supply curbs to Asian refiners.
Published 11 Oct, 2006 12:00am
Shanghai copper down

Shanghai copper down

Shanghai copper futures slid on Tuesday on lacklustre demand for physical copper, as more traders expected a further slowing in demand growth in China, the world's largest metals consumer.
Published 11 Oct, 2006 12:00am
East Asian grain

East Asian grain

South Korean and Japanese corn and soyabean importers will be wary of buying actively this week as surging wheat prices and falling global supplies were boosting prices of other grains.
Published 11 Oct, 2006 12:00am
New York sugar banks on trade buying

New York sugar banks on trade buying

Raw sugar prices settled higher on Monday as trade buying and a recovery in commodities buoyed the market even though the long-term fundamental outlook for sugar is bearish at this time, brokers said.
Published 11 Oct, 2006 12:00am
Soya higher as wheat market forges ahead

Soya higher as wheat market forges ahead

Soyabean futures at the Chicago Board of Trade ended up 2 percent on Monday following surging wheat and corn markets, traders said. "Beans are just going along for the ride, trying to salvage bean acres for next year," said Dan Cekander, analyst for FIMAT
Published 11 Oct, 2006 12:00am
CBOT rice ends with gains

CBOT rice ends with gains

Chicago Board of Trade rough rice futures closed higher on Monday on slipover strength from a limit-up move in CBOT wheat futures that buoyed the entire CBOT grains floor, traders said.
Published 11 Oct, 2006 12:00am
Tokyo rubber near one-week low

Tokyo rubber near one-week low

Tokyo rubber futures fell to a near one-week low on Tuesday due to technical selling as they struggled to stay above a key resistance level of 230.0 yen despite the strength of other commodities.
Published 11 Oct, 2006 12:00am
Malaysian palm oil up

Malaysian palm oil up

Malaysian crude palm oil futures ended higher on Tuesday, a day before the release of key data, dealers said. The benchmark third-month December contract on the Bursa Malaysia Derivatives rose 4 ringgit to 1,558 ringgit a tonne ($421.8) as 11,894 lots of
Published 11 Oct, 2006 12:00am
Japan machinery orders rise

Japan machinery orders rise

Japan's machinery orders rose only modestly in August after registering the biggest monthly drop in nearly 20 years in July, cementing expectations that the Bank of Japan will hold off raising interest rates until at least early next year.
Published 11 Oct, 2006 12:00am
New Airbus chief warns of 'painful' job cuts

New Airbus chief warns of 'painful' job cuts

The new head of European plane maker Airbus said on Tuesday the group's structure needed to be simplified, and decisions would be made in the next few months that could lead to "painful" job losses among its 55,000 staff.
Published 11 Oct, 2006 12:00am
Lamy sees spring 2007 as crunch time for WTO deal

Lamy sees spring 2007 as crunch time for WTO deal

World Trade Organisation chief Pascal Lamy said there was a window of opportunity to resume global free trade talks between US Congressional elections in November and next March, after which it could be too late.
Published 11 Oct, 2006 12:00am
EU wants free trade pacts with Asean, South Korea and India

EU wants free trade pacts with Asean, South Korea and India

The European Union plans to negotiate free trade agreements with Asean, South Korea and India and launch new trade talks with China in a bid to expand its commercial ties with the region, a top EU official said Tuesday.
Published 11 Oct, 2006 12:00am
Output data points to solid third quarter euro zone growth

Output data points to solid third quarter euro zone growth

The euro zone appears to have achieved solid third quarter growth after industrial production in its biggest economies beat forecasts, cementing expectations the European Central Bank will raise rates again by year-end.
Published 11 Oct, 2006 12:00am
Iran carmaker slams lack of government support

Iran carmaker slams lack of government support

Iran's largest car maker said Tuesday problems with quality and lack of government support were undermining its ambitious plans for a massive increase in exports over the next four years.
Published 11 Oct, 2006 12:00am
Ahmadinejad blames media for inflation

Ahmadinejad blames media for inflation

Iran's president Mahmoud Ahmadinejad has blamed the media for rising inflation, after the supreme leader Ayatollah Ali Khamenei urged him to control surging prices, a press report said Tuesday.
Published 11 Oct, 2006 12:00am
More firms may leave UK: CBI

More firms may leave UK: CBI

Britain's leading business organisation has warned that more firms could quit the country unless the government acts quickly to cut tax and red tape.
Published 11 Oct, 2006 12:00am
Opec credibility on line, fine print delays oil deal

Opec credibility on line, fine print delays oil deal

Opec haggling over the finer points of a deal to cut around 1 million barrels from daily oil supply is holding up a formal announcement, costing the group credibility and pressuring the oil price.
Published 11 Oct, 2006 12:00am
Google to buy video site YouTube for $1.65 billion

Google to buy video site YouTube for $1.65 billion

Web search leader Google Inc said on Monday it agreed to acquire top video entertainment site YouTube Inc for $1.65 billion in stock, the highest price yet paid for a consumer-generated media site.
Published 11 Oct, 2006 12:00am
US court rejects tobacco case appeal by 30 states

US court rejects tobacco case appeal by 30 states

The US Supreme Court rejected on Tuesday an appeal by 30 attorneys general arguing for the dismissal of a challenge by three small tobacco companies to state laws adopted as part of a 1998 settlement.
Published 11 Oct, 2006 12:00am
Jakarta shares make little gains

Jakarta shares make little gains

Indonesian share prices closed 0.74 percent higher on Tuesday in line with a rebound in regional markets after Monday's fall on the back of North Korea's nuclear test, dealers said. Gains in key banking stocks helped lift the main index to a new all-time
Published 11 Oct, 2006 12:00am
Malaysian stocks flat

Malaysian stocks flat

Malaysian share prices closed flat on Tuesday after investors locked in early gains in the absence of fresh developments, following the global condemnation of North Korea's nuclear test, dealers said.
Published 11 Oct, 2006 12:00am
Hong Kong shares finish firmer

Hong Kong shares finish firmer

Hong Kong stocks regained on Tuesday some of the ground lost after of North Korea said it had conducted a nuclear test, as HSBC Holdings Plc led the way after J.P. Morgan raised the lender's target price. The benchmark Hang Seng index climbed 148.46 point
Published 11 Oct, 2006 12:00am
US tech stocks surge on Google's YouTube deal

US tech stocks surge on Google's YouTube deal

US technology stocks gained on Monday ahead of an announcement by Web search company Google Inc that it will acquire online video service YouTube Inc, offsetting concerns surrounding North Korea's nuclear test.
Published 11 Oct, 2006 12:00am
Chinese shares make slight changes

Chinese shares make slight changes

Chinese shares were little changed on Tuesday, a day after the benchmark index closed at its highest level in over five years, as investors took profits in the property and finance sectors.
Published 11 Oct, 2006 12:00am
Philippines shares drop

Philippines shares drop

Philippines share prices closed 0.90 percent lower on Tuesday amid extended profit-taking on recent gains and a lack of fresh leads to drive the market higher, dealers said. They said although Wall Street and the Japanese market reacted calmly to North Ko
Published 11 Oct, 2006 12:00am
Singapore stocks soar

Singapore stocks soar

Singapore share prices closed 1.0 percent higher on Tuesday on a technical rebound one day after sharp losses that followed North Korea's announcement of a nuclear test, dealers said. They said property and banking stocks were favoured after the city-stat
Published 11 Oct, 2006 12:00am
Thai share prices rise

Thai share prices rise

Thai share prices closed 1.00 percent higher on Tuesday as investors calmed down after North Korea's first-ever nuclear test, dealers said. They said investors were upbeat as US and Japanese markets shrugged off Pyongyang's nuclear blast and closed higher
Published 11 Oct, 2006 12:00am
Nikkei holds gain to five-month high

Nikkei holds gain to five-month high

The Nikkei average squeezed out a 0.25 percent gain to finish at a five-month high on Tuesday as technology stocks such as Tokyo Electron Ltd followed their US counterparts higher.
Published 11 Oct, 2006 12:00am
Argentine stocks up

Argentine stocks up

Argentine stocks inched higher on Monday in volatile trade of shares linked to the oil industry. The MerVal index of 13 leading stocks rose 0.37 percent to 1,651.07 points, accumulating a 6.98 percent gain since January 1. The index is up 0.84 percent so
Published 11 Oct, 2006 12:00am
JGBs recoup some losses after weak Japan data

JGBs recoup some losses after weak Japan data

Japanese government bonds (JGBs) recouped some early losses on Tuesday after weaker-than-expected machinery orders data reinforced the market's belief that the Bank of Japan will take its time in raising interest rates.
Published 11 Oct, 2006 12:00am
JGBs recoup some losses after weak Japan data

JGBs recoup some losses after weak Japan data

Japanese government bonds (JGBs) recouped some early losses on Tuesday after weaker-than-expected machinery orders data reinforced the market's belief that the Bank of Japan will take its time in raising interest rates.
Published 11 Oct, 2006 12:00am
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