Sony Corp from Japan and Netherlands-based NXP Semiconductors said on Monday they will join forces to create a global standard for contactless chip cards such as electronic wallets in mobile phones.
A slump in the auto sector and weak machinery and electronic equipment sales knocked Canada's wholesale trade down by a steeper-than-expected 1.6 percent in September from August, the biggest monthly drop this year, Statistics Canada said on Monday.
Equities witnessed across the board losses at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in hot favourite amid decrease in index. ISE-10 index showed a decrease of 73.65 points as it moved from 2,679.71 to 2606.06 points.
Equities witnessed across the board losses at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in hot favourite amid decrease in index. ISE-10 index showed a decrease of 73.65 points as it moved from 2,679.71 to 2606.06 points.
Share prices received widespread losses and the market went down 2.63 percent on Monday, due mainly to problems reportedly relating to conversion of in-house badla into CFS, falling oil prices in international market and delay in floating of OGDC GDRs.
Share prices received widespread losses and the market went down 2.63 percent on Monday, due mainly to problems reportedly relating to conversion of in-house badla into CFS, falling oil prices in international market and delay in floating of OGDC GDRs.
Sporting goods company Nike Inc on Monday said it stopped orders with its Pakistan-based supplier of hand-stitched soccer balls over labour concerns. The company said the decision follows the supplier''s failure to correct significant labour compliance vi
Sporting goods company Nike Inc on Monday said it stopped orders with its Pakistan-based supplier of hand-stitched soccer balls over labour concerns. The company said the decision follows the supplier's failure to correct significant labour compliance vio
Weak sentiment was seen in the interbank market on Monday as the rupee failed to maintain its weekend's firmness, losing six paisa for buying and selling at 60.88 and 60.89, respectively. The rupee met with modest fall on rush buying of dollars by the imp
Sporting goods company Nike Inc on Monday said it stopped orders with its Pakistan-based supplier of hand-stitched soccer balls over labour concerns. The company said the decision follows the supplier's failure to correct significant labour compliance vio
Weak sentiment was seen in the interbank market on Monday as the rupee failed to maintain its weekend's firmness, losing six paisa for buying and selling at 60.88 and 60.89, respectively. The rupee met with modest fall on rush buying of dollars by the imp
An inter-ministerial meeting to be held in Commerce Ministry and chaired by Planning Commission Deputy Chairman Dr Akram Sheikh on Tuesday, will discuss the causes of decline in exports and devise strategy to keep the growth momentum in line with the targ
During the year under review the company has been successful in improving financial and operating results. It can be seen from the performance statistics appended below, that production figures of various divisions were substantially higher than preceding
An inter-ministerial meeting to be held in Commerce Ministry and chaired by Planning Commission Deputy Chairman Dr Akram Sheikh on Tuesday, will discuss the causes of decline in exports and devise strategy to keep the growth momentum in line with the targ
During the year under review the company has been successful in improving financial and operating results. It can be seen from the performance statistics appended below, that production figures of various divisions were substantially higher than preceding
An inter-ministerial meeting to be held in Commerce Ministry and chaired by Planning Commission Deputy Chairman Dr Akram Sheikh on Tuesday, will discuss the causes of decline in exports and devise strategy to keep the growth momentum in line with the targ
On Monday, the BRIndex30 remained in the red zone for the whole trading time. It opened at 11,181.14 with a downward jump gap of 122.78 points. It closed at 11,053.39 with a net negative change of -250.53 or -2.22 percent. It saw intra-day high of 11,209.
On Monday, the BRIndex30 remained in the red zone for the whole trading time. It opened at 11,181.14 with a downward jump gap of 122.78 points. It closed at 11,053.39 with a net negative change of -250.53 or -2.22 percent. It saw intra-day high of 11,209.
Bears took complete hold of the share market on Monday and the KSE-100 Index plummeted by 275.21 points to close at 10430.66 on the back of the news that the long-awaited forensic investigation report regarding KSE March 2005 crisis would be presented to
Bears took complete hold of the share market on Monday and the KSE-100 Index plummeted by 275.21 points to close at 10430.66 on the back of the news that the long-awaited forensic investigation report regarding KSE March 2005 crisis would be presented to
Bears took complete hold of the share market on Monday and the KSE-100 Index plummeted by 275.21 points to close at 10430.66 on the back of the news that the long-awaited forensic investigation report regarding KSE March 2005 crisis would be presented to
The Cotton Crop Assessment Committee on Monday agreed to set production target at 12.41 million bales for the current season. The committee, which met under the chairmanship of Food and Agriculture Minister Sikandar Hayat Khan Bosan, reviewed the current
The Cotton Crop Assessment Committee on Monday agreed to set production target at 12.41 million bales for the current season. The committee, which met under the chairmanship of Food and Agriculture Minister Sikandar Hayat Khan Bosan, reviewed the current
The Cotton Crop Assessment Committee on Monday agreed to set production target at 12.41 million bales for the current season. The committee, which met under the chairmanship of Food and Agriculture Minister Sikandar Hayat Khan Bosan, reviewed the current
The Central Board of Revenue (CBR) will start a countrywide exercise to determine the authenticity of input tax adjustment, claimed particularly by polypropylene manufacturers, claiming inadmissible adjustment against less amount of sales tax.
The Karachi Stock Exchange has clarified that due to human error, a mistake occurred in the calculation of ex-bonus price of Arif Habib Securities Limited (AHSL), which, after adjustment of the bonus, was calculated at Rs 441.82, instead of Rs 243.
President General Pervez Musharraf on Monday said Pakistan's defence strategy was based on "defensive deterrence", both in conventional and unconventional spheres.
President General Pervez Musharraf on Monday said Pakistan's defence strategy was based on "defensive deterrence", both in conventional and unconventional spheres.
The Pakistan Sugar Mills Association (PSMA) (Punjab) absence on Monday irritated the Senate standing committee on food and agriculture, whose participants wanted strict action against mills dishonouring commitment for the start of crushing season 2006-07.
The Pakistan Sugar Mills Association (PSMA) (Punjab) absence on Monday irritated the Senate standing committee on food and agriculture, whose participants wanted strict action against mills dishonouring commitment for the start of crushing season 2006-07.
The Pakistan Sugar Mills Association (PSMA) (Punjab) absence on Monday irritated the Senate standing committee on food and agriculture, whose participants wanted strict action against mills dishonouring commitment for the start of crushing season 2006-07.
The much awaited foreign experts'' investigation report on the Karachi Stock Exchange March-2005 crisis will be presented to the National Assembly Standing Committee on Finance and Revenue on November 21. This was announced by PM''s Adviser on finance Dr
The much awaited foreign experts' investigation report on the Karachi Stock Exchange March-2005 crisis will be presented to the National Assembly Standing Committee on Finance and Revenue on November 21. This was announced by PM's Adviser on finance Dr Sa
The much awaited foreign experts' investigation report on the Karachi Stock Exchange March-2005 crisis will be presented to the National Assembly Standing Committee on Finance and Revenue on November 21. This was announced by PM's Adviser on finance Dr Sa
The World Bank has suggested to Pakistan to focus on raising domestic saving, instead of relying on foreign saving ie international borrowing and FDI, to sustain its high economic growth through augmenting investment in physical and human capital and prod
The World Bank has suggested to Pakistan to focus on raising domestic saving, instead of relying on foreign saving ie international borrowing and FDI, to sustain its high economic growth through augmenting investment in physical and human capital and prod
The World Bank has suggested to Pakistan to focus on raising domestic saving, instead of relying on foreign saving ie international borrowing and FDI, to sustain its high economic growth through augmenting investment in physical and human capital and prod
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Modest trading was seen in the forward cottonseed oil cake market on Monday in process of thin business, dealers said. The January vaida was inert at Rs 690.00. It was quoted at Rs 686.00 and closing was seen at the same rate, they said. In process of tra
Volume of business might not retain the present level following the Pakistan Cotton Ginners Association (PCGA) report, dealers said on Monday at the cotton market.
Indian ship owner Goodearth Maritime is planning to build a 1,000-acre (405-hectare) shipyard on the east coast of the country with Korea Maritime Consultants Limited (Komac), shipping journal Tradewinds reported.
Egypt has agreed to swap 120,000 tonnes of Kazakh wheat for Egyptian products including medicines and carpets in a deal worth $29 million, the trade ministry said on Monday.
A government decision to resume grain exports from Ukraine is likely to cause a rise in local food and feed wheat prices, analysts said on Monday. "The decision (to resume exports) means trade will start actively because exporters have to implement the po
India's peak season soyameal exports have been hit by congestion at the key port of Kandla with some firms forced to pay penalties for late shipments, a senior industry official said on Monday.
Prolonged heavy rains in Ivory Coast's south-eastern cocoa-growing region have dampened hopes for a good main crop there, causing many developing pods on trees to rot, farmers and buyers said at the weekend.
Shares in Tata Steel Ltd, India's largest private sector steel-maker, fell as much as 3.6 percent to four-month lows on Monday after its offer to buy Anglo-Dutch steel-maker Corus Group Plc was topped by a rival.
Shares in Tata Steel Ltd, India's largest private sector steel-maker, fell as much as 3.6 percent to four-month lows on Monday after its offer to buy Anglo-Dutch steel-maker Corus Group Plc was topped by a rival.
Water levels on the river Danube in Hungary have risen and shipping restrictions have ended, an official at the Economy and Transport Ministry said on Monday. Last week the Grain Association said barges could only be loaded to around half their capacity d