US Treasury debt prices were flat to modestly higher on Monday amid concerns of possible monetary policy tightening after a Federal Reserve official said his outlook for inflation was "discomforting."
US Treasury debt prices were flat to modestly higher on Monday amid concerns of possible monetary policy tightening after a Federal Reserve official said his outlook for inflation was "discomforting."
Chinese shares jumped 1.57 percent on Tuesday to end at a five-year closing high, as the third-quarter corporate reporting season ended with unexpectedly robust earnings. Airline stocks were strong on lower oil prices.
Singapore share prices closed 0.38 percent higher on Tuesday with late buying in selected blue chips helping the main index recover from Monday's losses, dealers said. They noted that while late buying helped lift the main index, they see little further s
Thai share prices closed 0.52 percent higher on Tuesday after three consecutive days of losses as the central bank reported a boost in the current account surplus, dealers said. They also said investors took heart from the Bank of Thailand's decision Mond
The Nikkei average rose 0.29 percent on Tuesday as some blue chip stocks such as Honda Motor Co Ltd and Tokyo Electron Ltd recovered in reaction to the previous day's steep declines and Fanuc Ltd extended gains after raising its full-year forecast.
Indian share prices closed 0.48 percent lower on Tuesday after India's central bank raised borrowing rates for banks and raised concern about rising prices and an overheated economy, dealers said.
Malaysian share prices closed 0.23 percent higher on Tuesday due to buying interest in selected blue chips, dealers said. The Kuala Lumpur Composite Index closed up 2.23 points at 988.30 on turnover of 930.63 million shares worth 1.12 billion ringgit (320
Philippines share prices closed flat on Tuesday as the market consolidated following an eight-day rally and just ahead of a public holiday, dealers said. They said profit-taking was offset by gains in select banking and property stocks which limited the d
Interbank buy/sell rates for the taka against the dollar on Tuesday. 67.00/68.40 (previous 67.00/67.97). Call Money Rates: 6.50-10.00 percent (previous 6.50-10.00 percent.
The Swiss franc was slightly weaker against major currencies in early trade on Tuesday, with markets unfazed by recent Swiss National Bank comments saying the franc was weaker than the strong economy would suggest. The franc was down 0.28 percent on the d
The yuan edged lower against the dollar on Tuesday, staging a consolidation after it hit a post-revaluation high each day for the past three trading days, but dealers said the Chinese currency was still on track for an uptrend in the near term.
The yen steadied against the dollar on Tuesday after a closely watched Bank of Japan report did little to change market expectations that the central bank would wait until next year to raise interest rates.
The dollar was little changed against the euro and yen on Monday with dealers mostly on the sidelines ahead of meetings of the Bank of Japan and the European Central Bank later this week.
The Australian dollar edged lower but held in narrow ranges near eight-week highs on Tuesday, after rising about 3 percent in the month on expectations that Australia's central bank will raise interest rates next week.
Asian currencies were steady on Tuesday as the market paused to take stock after sharp gains over the past week. The Indian rupee was little moved at around 45 per dollar after the Reserve Bank of India lifted its short-term repurchase rate by a quarter o
The Hong Kong dollar pulled away from offshore highs on Tuesday as arbitrage traders took advantage of an interest rate differential with the United States.
Thirteen Bosnia national team players have threatened to boycott international call-ups unless the heads of the Bosnian Football Association (NFSBIH) resign. The group, all foreign-based players, made their threat in an open letter published in Sarajevo d
Ex-Pakistan captain Rashid Latif launched a scathing attack on Tuesday on foreign coaches working with Asian teams after his former side, India, Sri Lanka and Bangladesh all flopped in the Champions Trophy.
In-form West Indies opener Chris Gayle said Tuesday that adjustment to Indian pitches was the key to his success in the ongoing Champions Trophy. "The wickets are playing much slower and lower than when I was here last (in 2002). So I try to make adjustme
Asian number one Paradorn Srichaphan and Spain's Nicolas Almagro became the latest two players to hobble away from the injury--hit Paris Masters on Tuesday. Thai star Paradorn quit his first round match against Argentina's Juan Ignacio Chela when he compl
Australia captain Ricky Ponting says his team will need to restrict New Zealand's big-hitting batsmen in the slog overs of Wednesday's Champions Trophy semi-final. The Kiwis reached the last four after amassing 99 runs in the last 10 overs of their 51-run
Pakistan has lodged a formal written complaint against Australian umpire Darrell Hair, asking the International Cricket Council (ICC) to hold an inquiry into his conduct during the controversial Oval Test in August.
Central African Republic has protested to Sudan about a cross-border attack by rebels who seized a north-eastern town, the government said on Tuesday of the latest escalation of violence in the conflict-torn region.
After his re-election in a landslide, Brazil's President Luiz Inacio Lula da Silva faced the sobering challenge on Monday of forging a broad governing coalition and kick-starting stalled reforms.
Kyrgyzstan's opposition has called on President Kurmanbek Bakiyev to speed up reform or resign. Bakiyev invited six opposition leaders to his "White House" residence on Tuesday to seek a compromise on constitutional reform. The talks brought little progre
A week after unveiling a new long-term vision for its military, Germany is agonising about its global role as former generals attack the government for lacking a strategy.
UN climate talks in Kenya next week will hunt for new ways to fight global warming, stung by a warning that long-term inaction may trigger a cataclysmic economic downturn.
Tajik President Emomali Rakhmonov and the Aga Khan, billionaire spiritual leader of the world's Ismaili Shia Muslims, inaugurated a bridge into Afghanistan Tuesday in a show of strength by the Tajik leader ahead of November 6 elections.
Bahrain has blocked several Web sites for violating a reporting ban in the case of a government adviser who was deported after alleging election irregularities.
Iran's president has told his Russian counterpart talks over Iran's nuclear dispute were being hindered because the European side did not have enough authority, Iran's state television reported on Tuesday.
The United States said on Tuesday that negotiations on the final status of the breakaway Serbian province of Kosovo should be completed as soon as possible. "It is the firm view of the US that a delay offers no advantages to any party," US Kosovo envoy Fr
Three Nato soldiers were killed when their patrol ran into a roadside bomb in Afghanistan's eastern province of Nuristan on Tuesday, military officials said, as violence surged ahead of the first winter snowfalls.
Iraq's prime minister, in a very public demonstration of his influence over the US military, ordered the lifting on Tuesday of a week-old cordon around the Baghdad militia stronghold of one of his key Shia allies.
Police in Georgia's separatist South Ossetia killed four Chechen "saboteurs" on Tuesday who officials suggested had been recruited by the Tbilisi government to stir up trouble ahead of an independence referendum. South Ossetia's emergency minister, Boris
Bangladesh President Iajuddin Ahmed sacked or transferred 27 senior bureaucrats on his first day as head of an interim government after opposition parties set him a deadline to prove his neutrality. The director-general of the elite Rapid Action Battalion
Seven days before key mid-term elections, US President George W. Bush was in Georgia Tuesday to bolster his Republican Party's chances even as the soaring US death toll in Iraq undercuts his claim to be winning the war on terror.
Israeli troops killed three Palestinian militants in the Gaza Strip on Tuesday during clashes between gunmen and soldiers, ambulance crews and doctors said. An Israeli army spokeswoman said troops operating against militants near the town of Khan Younis f
An Egyptian military court sentenced opposition lawmaker Talaat Sadat, a nephew of the late President Anwar Sadat, to a year in jail on Tuesday for insulting the armed forces, his spokesman said.
NASA said on Tuesday it would extend the life of the Hubble Space Telescope until at least 2013 in a decision that involves a potentially risky space shuttle mission.
The US Air Force asked the Pentagon's leadership for a staggering $50 billion in emergency funding for fiscal 2007 - nearly half its annual budget, defence analyst Loren Thompson of the Lexington Institute said on Tuesday.
North Korea agreed on Tuesday to return to six-party talks on dismantling its atomic weapons just weeks after staging its first nuclear test, drawing cautious welcome from President George W. Bush and Asian powers.
Sterling hit a 15-month high against the euro on Tuesday, as robust British October house price data firmed expectations of a rate hike next week, but pared most of its gains after a surprise fall in retail sales.
The dollar rose from recent one month lows against major rivals on Tuesday as investors took profits, spurred by signs that US consumer demand is firm and that the Federal Reserve would not rush to cut interest rates.
The Indian rupee ended lower on Tuesday as dollar supplies from foreign funds were offset by demand for the US currency from oil firms and foreign banks, which sensed arbitrage opportunities in the offshore non-deliverable forward market.
European credit markets held steady on Tuesday as signs of strong economic growth in the 12 nation euro region and robust earnings offset disappointing third-quarter results from Swiss bank UBS.
European credit markets held steady on Tuesday as signs of strong economic growth in the 12 nation euro region and robust earnings offset disappointing third-quarter results from Swiss bank UBS.
US stocks fell on Tuesday as weaker-than-expected data on consumer confidence halted investors' demand for equities even after positive earnings news and corporate deals.
Seoul shares rose 0.6 percent on Tuesday to net their first gain in three sessions, as KEPCO and other firms dependent on fuel rose on slumping oil prices, while exporters rallied on improved hopes about global consumer demand.
Britain's FTSE 100 share index closed flat on Tuesday, with investors little affected by US economic data, as falls in oil and gas producers cancelled out gains achieved by mining stocks. A key US manufacturing activity index hit its lowest level since Au
Ivory Coast's main cocoa and coffee farmers association on Tuesday definitively called off a threat to resume strike action after President Laurent Gbagbo refused to consider their calls for tax cuts.
Iran has bought a record 11.42 million tonnes of wheat from domestic producers, surpassing a self-sufficiency target, the official news agency IRNA reported on Tuesday.
India's top rice exporters and farmers unions warned the government on Tuesday that further field trials of genetically engineered (GE) rice could jeopardise the livelihoods of millions of poor farmers across the country.
Oil rose on Tuesday following sharp losses in the previous session as dealers anticipated the impact of Opec''s production cut and awaited US inventory data expected to show falling fuel supplies. US light crude settled up 37 cents to $58.73 a barrel afte
Oil rose on Tuesday following sharp losses in the previous session as dealers anticipated the impact of Opec's production cut and awaited US inventory data expected to show falling fuel supplies. US light crude settled up 37 cents to $58.73 a barrel after
Oil rose on Tuesday following sharp losses in the previous session as dealers anticipated the impact of Opec's production cut and awaited US inventory data expected to show falling fuel supplies. US light crude settled up 37 cents to $58.73 a barrel after
Soyaoil and palm oil prices are likely to rise because of strong demand partly caused by sluggish production of other edible oils and fats, Hamburg-based analysts Oil World said.
Cotton futures closed mixed Tuesday as speculative sales were offset partly by trade buying but the market could track lower on technically inspired sales over the next few sessions, brokers said.
London white sugar futures closed firmer on end-destination buying after a choppy session on Tuesday, reversing earlier losses driven by speculative and arbitrage sales, traders said. December settled up $3.30 or 0.83 percent at $400.00 per tonne in volum
Zinc prices hit a fresh record on the London Metal Exchange (LME) on Tuesday as stocks fell once again, drawing investors to buy futures in the metal as it becomes more scarce. The contract for zinc for delivery in three months peaked at $4,290 per tonne
Gold prices firmed on Tuesday after the dollar fell on news of a sharp fall in US Midwest business activity, which analysts said reinforced the recent trend of much slower economic growth.
US cocoa prices ended mixed Tuesday, with news of an indefinite end to farm strikes in Ivory Coast setting back the benchmark contract in New York a little in an otherwise firm market. Volume transacted on the New York Board of Trade rose up to an estimat
Raw sugar prices staged a modest rebound on trade and speculative buying to finish higher Tuesday but the market is trapped in a band and bearish fundamentals could eventually lead to lower values for the sweetener, brokers said.
Wheat futures at the Chicago Board of Trade were down hard at midday on Tuesday as overbought conditions prompted speculators to liquidate long positions, traders said.
Corn futures at the Chicago Board of Trade were lower early on Tuesday in a technically overbought market heavily laden with speculative long positions, traders said.
Copper futures in New York traded modestly higher early on Tuesday, with a weak technical backdrop and concerns over slowing US economic growth limiting interest in the market, sources said.
Soybean futures at the Chicago Board of Trade were lower early on Tuesday, after gains on Monday left the market well into overbought technical areas, traders said.
Gold futures fell early Tuesday, correcting from Monday's rally, as a firm dollar and shaky crude oil prices gave longs an excuse to pocket profits and wait for better levels to buy the precious metal again.
Members states of Non-Aligned Movement (NAM) have been asked to provide more assistance and co-operation through providing news, photos, investment and tourism policies to improve the NAM News Network for the benefit of other member states and the world.
An unidentified robber was killed in an encounter near Chowk Sarwar Shaheed on late Monday, however another five robbers managed to run away leaving the body of their accomplice.
A full scale emergency exercise would be held at Faisalabad International Airport on November 14, so that in case of any emergency, the ability of concerned agencies with regard to tackling the situation in a befitting manner could be assessed.
Condemning the air strike on a seminary in Bajaur, Amir Azad Kashmir, Maulana Abdul Aziz Alvi said that by accepting the attack, Pakistan has given the impression that the US is not involved in Pakistan's internal issues.
Muttahida Majlis-i-Amal (MMA) Multan on Tuesday observed the protest in Southern Punjab and staged a demonstration on Masoom Shah Road. Shabab-i-Milli also staged a demonstration and torched the US flag as a protest against killing of 83 innocent people i
Materialising a unique idea of equipping drivers with awareness of ultra modern safety measures and driving ethics, the International Islamic University Islamabad (IIUI) organised a four-day training workshop for drivers of its transport fleet with an aim
University of Agriculture, Faisalabad, will construct a display center for Food Technology department in Lalazar colony. UAF Project director Muzaffar Ahmed said here on Tuesday that various products of the food technology department would be displayed in
The Higher Education Commission (HEC) will establish 20 more Quality Enhancement Cells (QECs) at public sector universities in furtherance of the programme for introduction of modern quality assurance practices in the higher education institutions.
Stating that the United Nations system of recruitment and selection was "flawed", Pakistan has called for the adequate representation of developing countries at the senior management and professional levels of the Organisation's service.
None of the Mangla dam affectees has been served notice to vacate the homes and land, and the process of evacuation would not be started until the development project for the affectees was finalised, said a spokesman of the Mangla dam upraising project.
I have seen a photo in a paper that Cantonment Board staff chopped Neem trees on Sharea Faisal, Karachi. This is very sad as trees make a city beautiful and provide oxygen.
What is the fate of a common man , a common Pakistani who believes in honesty , truth and discipline. Whose family never cheated with government revenues , who always paid taxes, considering and paying taxes as a primary faith.
Mobile phone snatching has become a routine of daily life. This is very dangerous and disappointing for those who keep mobile phones with them. It is very shocking for the general public that despite the government's slogans to control this criminal act,
Telephone companies, including Pakistan Telecommunication Company Ltd (PTCL) are these days competing with each other and are announcing reduction in their tariffs on various categories of calls.
Exhausted from caring for his ailing wife, a 73-year-old man hanged himself at his home near Tokyo last week in a tragedy that has become almost commonplace in the world's most "elderly" country. The man's 72-year-old wife, afflicted with Parkinson's dise
A rainbow-hued parrot fish nibbles on a veined purple sea fan in the tranquil waters of Belize's barrier reef, the largest in the western hemisphere. But the fish stays well away from a large patch of dying coral, a white skeleton amid the bright colors o
The present status makes the Complex very attractive and financially viable for inviting overseas investment and domestic capital market mobilisation. But the challenge lies ahead for the private sector investor to maintain market leadership thereby meeti
Speaking in an interview with a news agency, the Chairman of National Database and Registration Authority (NADRA), Brigadier Saleem Moeen (Retd.), revealed that the Computerised National Identity Card (CNIC) was all set to serve as a "debit card" also alo
The killing of 82 people in an early morning strike on a Madrassah in the restive Bajaur Agency, to say the least, is hugely shocking. At least 12 of the victims were reportedly boys in their early teens.
Pakistan Cricket Board (PCB) has postponed the future players programme camp, which was to commence from November 1, here at national cricket academy. According to a spokesman of the PCB, the camp has been postponed due to non-availability of players who
The Governing Body of Lahore Development Authority (LDA), while taking serious notice of the peoples sufferings due to incomplete housing schemes for the last many years has decided to constitute a committee headed by DCO Lahore Muhammad Ijaz, which would
Unhealthy eating habits, stress, disturbed sleep, lack of exercise, external environment and side effects of unhealthy lifestyle are main factors affecting holistic health of person and the best way to enjoy quality life is to stay close with the nature.
The Anti-Terrorism Court in Karachi on Tuesday handed down death sentence to two activists of banned Lashkar-e-Jhangvi having found them guilty in killing six persons and injuring seven others in Maripur area here in 2003.
Kodak Digital Radiography (DR) systems, which are used in medical digital image capture, have now attained great success. The Head of Health Group Department, Kodak Limited, Jawed G. Jafri said, "European and Middle East customers are choosing Kodak DR Sy
The Ministry of Textile Industry (Mintex) has suggested to the secretary, Central Board of Revenue (CBR) that the issues related to R & D support SRO Order 2006 may be taken up with the Input Output Co-efficient (IOCO) Karachi. Further a schedule of meeti
The Ministry of Commerce has authorised Pakistan Horticulture Development and Export Board (PHDEB) to issue no-objection certificate (NOC) for the export consignments for fulfilling customs formalities.
The Sindh High Court (SHC) on Tuesday set aside conviction of four activists of banned Harkatul Mujahideen Al-Alami in US consulate car bombing case and ordered their release if they are not involved in any other cases.
NWFP Chief Minister Akram Khan Durrani said his government had put the province on a right direction leading to economic prosperity and multiple developments and hoped that with release of net hydel profit amount more uplift plans would be executed and th