AGL 38.10 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 136.75 Increased By ▲ 2.56 (1.91%)
BOP 9.22 Increased By ▲ 0.37 (4.18%)
CNERGY 4.75 Increased By ▲ 0.06 (1.28%)
DCL 8.83 Increased By ▲ 0.16 (1.85%)
DFML 38.44 Decreased By ▼ -1.34 (-3.37%)
DGKC 85.40 Increased By ▲ 0.25 (0.29%)
FCCL 35.35 Increased By ▲ 0.45 (1.29%)
FFBL 76.99 Increased By ▲ 1.39 (1.84%)
FFL 12.70 Decreased By ▼ -0.04 (-0.31%)
HUBC 108.79 Decreased By ▼ -0.66 (-0.6%)
HUMNL 14.74 Increased By ▲ 0.64 (4.54%)
KEL 5.55 Increased By ▲ 0.15 (2.78%)
KOSM 8.05 Increased By ▲ 0.30 (3.87%)
MLCF 40.70 Decreased By ▼ -0.67 (-1.62%)
NBP 71.40 Increased By ▲ 1.70 (2.44%)
OGDC 194.75 Increased By ▲ 1.13 (0.58%)
PAEL 27.00 Increased By ▲ 0.79 (3.01%)
PIBTL 7.48 Increased By ▲ 0.06 (0.81%)
PPL 167.95 Increased By ▲ 4.10 (2.5%)
PRL 26.25 Decreased By ▼ -0.11 (-0.42%)
PTC 20.40 Increased By ▲ 0.93 (4.78%)
SEARL 92.84 Increased By ▲ 8.44 (10%)
TELE 7.89 Decreased By ▼ -0.10 (-1.25%)
TOMCL 35.32 Increased By ▲ 1.27 (3.73%)
TPLP 8.98 Increased By ▲ 0.26 (2.98%)
TREET 17.34 Increased By ▲ 0.16 (0.93%)
TRG 59.50 Decreased By ▼ -1.50 (-2.46%)
UNITY 31.00 Increased By ▲ 2.04 (7.04%)
WTL 1.39 Increased By ▲ 0.02 (1.46%)
BR100 10,895 Increased By 118.9 (1.1%)
BR30 32,660 Increased By 426.2 (1.32%)
KSE100 101,357 Increased By 1274.6 (1.27%)
KSE30 31,488 Increased By 295 (0.95%)
Print - 2006-12-08
Five new KSE directors elected

Five new KSE directors elected

The annual election of the Karachi Stock Exchange was held here on Thursday to elect five new directors for the next term of 2007. An extraordinary general meeting of the KSE was held to conduct the poll for which a four-member committee was constituted.
Published 08 Dec, 2006 12:00am
Five new KSE directors elected

Five new KSE directors elected

The annual election of the Karachi Stock Exchange was held here on Thursday to elect five new directors for the next term of 2007. An extraordinary general meeting of the KSE was held to conduct the poll for which a four-member committee was constituted.
Published 08 Dec, 2006 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (December 07, 2006).

Published 08 Dec, 2006 12:00am
Musharraf gives Rs 3.6 billion more for Balochistan uplift

Musharraf gives Rs 3.6 billion more for Balochistan uplift

President General Pervez Musharraf on Thursday announced additional funds for development of Balochistan and vowed to do away with past neglect by developing the province to bring it at par with the developed areas.
Published 08 Dec, 2006 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (December 07, 2006).

Published 08 Dec, 2006 12:00am
Musharraf gives Rs 3.6 billion more for Balochistan uplift

Musharraf gives Rs 3.6 billion more for Balochistan uplift

President General Pervez Musharraf on Thursday announced additional funds for development of Balochistan and vowed to do away with past neglect by developing the province to bring it at par with the developed areas.
Published 08 Dec, 2006 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 07, 2006).

Published 08 Dec, 2006 12:00am
Musharraf gives Rs 3.6 billion more for Balochistan uplift

Musharraf gives Rs 3.6 billion more for Balochistan uplift

President General Pervez Musharraf on Thursday announced additional funds for development of Balochistan and vowed to do away with past neglect by developing the province to bring it at par with the developed areas.
Published 08 Dec, 2006 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 08 Dec, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 08 Dec, 2006 12:00am
The economic scenario and investment opportunities in Balochistan

The economic scenario and investment opportunities in Balochistan

With almost six decades of staggering history, the sunshine, with all its exquisiteness, lingering with the aroma of revived freshness seems to have finally dawned in Balochistan, our largest province. It has tread on a path of utmost endeavour, garnished
Published 08 Dec, 2006 12:00am
Business ethics

Business ethics

Business ethics is the branch of ethics that examines ethical rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are
Published 08 Dec, 2006 12:00am
Natural gas; rapidly growing fuel of choice

Natural gas; rapidly growing fuel of choice

The energy sector plays a vital role in internal growth of any country. Pakistan is lucky in the sense that adequate indigenous energy reserves were identified and discovered over last decade.
Published 08 Dec, 2006 12:00am
Corporate social responsibility

Corporate social responsibility

While there is no agreed-upon definition, the World Business Council for Sustainable Development defines Corporate Social Responsibility (CSR as the business commitment and contribution to the quality of life of employees, their families and the local com
Published 08 Dec, 2006 12:00am
Hydrocarbon occurrence and future potential in Pakistan

Hydrocarbon occurrence and future potential in Pakistan

Pakistan is blessed with sizeable amounts of natural resources, among which hydrocarbons are very important for national growth and economy. Hydrocarbons are found in certain favourable geological conditions, and are found only in sedimentary basins where
Published 08 Dec, 2006 12:00am
Development of Zarghun Gas Field

Development of Zarghun Gas Field

The Bolan Exploration Licence was awarded on 30th November 1994 by the Government of Pakistan. With 35% share holdings in the Bolan Block, in which the Zarghun Gas Filed is located, Mari Gas Company Limited is the operator.
Published 08 Dec, 2006 12:00am
Message from Managing Director, Mari Gas Company Limited

Message from Managing Director, Mari Gas Company Limited

Bolan Joint Venture proudly announces the commencement of development work at its Zarghun Gas Field, located 52 kilometres from Quetta, with the road leading to it traversing around Koh Murdar.
Published 08 Dec, 2006 12:00am
Message from Chief Minister, Balochistan

Message from Chief Minister, Balochistan

I am delighted to see the commencement of development work at Zarghun Gas Field in Balochistan. The earnest commitment of Bolan Joint Venture is commendable and I hope that the local community can build upon this success to their full benefit.
Published 08 Dec, 2006 12:00am
Message from Governor, Balochistan

Message from Governor, Balochistan

It is indeed a matter of great honour and pride for me and the entire nation to felicitate Bolan Joint Venture companies on the inauguration of the development work at Zarghun Gas Field. This is indeed a highly significant event, which will pave the way t
Published 08 Dec, 2006 12:00am
Message from President of Islamic Republic of Pakistan

Message from President of Islamic Republic of Pakistan

It is heartening to find that the Bolan Joint Venture is pursuing the development of Zarghun Gas Field in Balochistan. The Government fully recognises that the Oil and Gas sector is a lynchpin in reducing gap between supply and demand of Pakistan's energy
Published 08 Dec, 2006 12:00am
Japan buys wheat at tender

Japan buys wheat at tender

Japan's Agriculture Ministry said on Thursday it had bought a total of 206,000 tonnes of wheat from the United States, Canada and Australia and 19,000 tonnes of Canadian food barley at a weekly tender. All shipments are scheduled for February, a ministry
Published 08 Dec, 2006 12:00am
Singapore bunker fuel prices up

Singapore bunker fuel prices up

Singapore bunker prices rose on Thursday, but the differential to fuel oil cargo values remains soft at a discount of $3-$4 a tonne, traders said on Thursday.
Published 08 Dec, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 126,203 tonnes cargo including 102,183 tonnes import and 24,020 tonnes export cargo during last 48 hours ending at 0700 hours on Thursday.
Published 08 Dec, 2006 12:00am
FAO cuts world wheat, grains output forecast

FAO cuts world wheat, grains output forecast

World output of wheat and other major grains fell in 2006, in some cases below expectations, hit by bad weather, with tight supply driving up prices and eroding global stocks, the United Nations food body said on Thursday.
Published 08 Dec, 2006 12:00am
FOB Gulf corn and soya export premiums steady

FOB Gulf corn and soya export premiums steady

US FOB corn and soyabean export premiums held fairly steady on Wednesday despite a sharp drop in futures prices and weak barge freight, traders said. Wheat futures also tumbled, prompting a tender from Egypt's GASC for up to 60,000 tonnes of wheat for shi
Published 08 Dec, 2006 12:00am
Til better type higher on grain market

Til better type higher on grain market

Slow business was seen on the grain market on Thursday as supply was good to meet the demand, dealers said. A solo deal was witnessed on the seed side as the til better type gained Rs 100 to Rs 1350 and inferior type was up by Rs 25 to Rs 1550, dealers sa
Published 08 Dec, 2006 12:00am
Tea prices mixed on Jodia Bazar

Tea prices mixed on Jodia Bazar

The trading on tea side moved both ways on Jodia Bazar here on Thursday. The following changes were noted.
Published 08 Dec, 2006 12:00am
Ukraine sugar processing nearly complete

Ukraine sugar processing nearly complete

Ukraine's sugar refineries have almost completed the 2006 sugar beet processing, producing 2.406 million tonnes of white sugar from 19.82 million of beet so far, the Ukrtsukor sugar union said on Thursday.
Published 08 Dec, 2006 12:00am
US Midwest bids for corn firm, soya lower

US Midwest bids for corn firm, soya lower

US spot corn basis bids were steady to firm on Wednesday and soyabean basis bids were mostly steady as lower futures prices discouraged much farmer selling, grain merchants said.
Published 08 Dec, 2006 12:00am
CBOT wheat sheds over four percent

CBOT wheat sheds over four percent

Wheat futures at the Chicago Board of Trade fell more than 4 percent on Wednesday on profit-taking, bearish input from outside markets and concerns over the state of US wheat export sales to Iraq and Egypt, traders said.
Published 08 Dec, 2006 12:00am
Thai rice prices higher

Thai rice prices higher

Thai rice was quoted higher on Thursday due to the strong baht and prices were expected to remain high over the next few weeks, dampening trade, traders said. Thai 100 percent white rice B grade was offered at $315 per tonne, free on board, up from $308 p
Published 08 Dec, 2006 12:00am
Oil cake market rates

Oil cake market rates

The January vaida was unchanged on the forward cottonseed oilcake market on Thursday as most of the buyers were cautious, dealers said. The January vaida was unchanged at Rs 687.00. Later it gained 80 paisa to be day's best at Rs 687.80 and market settled
Published 08 Dec, 2006 12:00am
Panic buying continues on cotton market

Panic buying continues on cotton market

Prices remained firm on the cotton market on Thursday as spinners made panic buying of fine types despite the higher prices, brokers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2,525, without upcountry expenses.
Published 08 Dec, 2006 12:00am
Cotton prices continue consolidation

Cotton prices continue consolidation

Lint prices continued to consolidate this week following widespread rains throughout the cotton belt on last Sunday and Monday. as a result of sizeable rains received in both Sindh and Punjab, besides most other parts of the country, cotton ginning was in
Published 08 Dec, 2006 12:00am
Cotton prices continue consolidation

Cotton prices continue consolidation

Lint prices continued to consolidate this week following widespread rains throughout the cotton belt on last Sunday and Monday. as a result of sizeable rains received in both Sindh and Punjab, besides most other parts of the country, cotton ginning was in
Published 08 Dec, 2006 12:00am
'Natural' food labeling

'Natural' food labeling

The US Agriculture Department will hold a public meeting on December 12 to consider a petition from Hormel Foods Corp that asked the agency to establish more stringent guidelines for the word "natural" used on many food product labels.
Published 08 Dec, 2006 12:00am
MGE wheat falls

MGE wheat falls

Spring wheat futures on the Minneapolis Grain Exchange fell 3 percent on Wednesday on year-end profit-taking by investment funds, traders said. MGE wheat closed unchanged to 16-1/4 cents per bushel lower, with December down 14-1/2 at $4.92 per bushel.
Published 08 Dec, 2006 12:00am
New York cocoa futures mostly higher

New York cocoa futures mostly higher

US benchmark March cocoa futures settled mildly higher on Wednesday, after speculative buying buoyed values from the session's lows pressured by the strengthening dollar, traders said.
Published 08 Dec, 2006 12:00am
New York coffee lower

New York coffee lower

US arabica coffee futures settled lower in choppy trading on Wednesday as the market consolidated after benchmark March soared up a 10-month peak yesterday. "Some of it is just, people don't know what to do. It's relatively high but there's potential to g
Published 08 Dec, 2006 12:00am
Comex copper down

Comex copper down

Copper futures in New York ended near their session lows on Wednesday, back-pedalling from three-week highs reached the previous session. The lack of underlying fund support allowed locals to push the lower end of the day's range, floor dealers said. "I r
Published 08 Dec, 2006 12:00am
US gold falls on fund selling

US gold falls on fund selling

US gold accelerated losses to end lower for the second straight session on Wednesday as the dollar strengthened and funds cut losses after the metal fell below technical supports.
Published 08 Dec, 2006 12:00am
Tokyo gold declines

Tokyo gold declines

The key Tokyo gold futures contract fell for a fourth session on Wednesday, losing 1.5 percent after a recovery in the dollar helped send the metal's spot price to a two-week low. A rise in the dollar is negative for the dollar-based spot gold price as it
Published 08 Dec, 2006 12:00am
Gold hits two-week low

Gold hits two-week low

Gold extended losses and hit its lowest level in two weeks on Thursday after the dollar strengthened on upbeat US job growth data. Platinum hit a five-week low with selling in Japanese futures further weighing on sentiments, while silver hovered below a s
Published 08 Dec, 2006 12:00am
US ethanol boom seen putting premium on corn yield

US ethanol boom seen putting premium on corn yield

Soaring prices for corn as the ethanol sector expands will prompt US farmers to squeeze as many bushels as possible from every acre next year, and that premium on yield could boost on-farm storage needs, a grain company official said on Wednesday.
Published 08 Dec, 2006 12:00am
Oil steady as warm US weather offsets stock draw

Oil steady as warm US weather offsets stock draw

Oil held steady at above $62 a barrel for a third day on Thursday as forecasts for weaker fuel demand during mild weekend weather took the sting out of an unexpected drop in crude stocks in the world's top consumer.
Published 08 Dec, 2006 12:00am
Shanghai, LME copper slip

Shanghai, LME copper slip

Shanghai copper contracts fell around 1.4 percent on Thursday, tracking losses on London prices, which extended declines from the previous session as concerns about falling US demand weighed on the market.
Published 08 Dec, 2006 12:00am
Asian cocoa: chocolate makers well stocked

Asian cocoa: chocolate makers well stocked

Chocolate makers are well covered ahead of Christmas and may have bought enough butter for the first quarter of 2007, leaving grinders in Southeast Asia with mounting stocks of ingredients, dealers said on Thursday.
Published 08 Dec, 2006 12:00am
New York sugar ends at two-week low

New York sugar ends at two-week low

Raw sugar futures settled at a two-week low on Wednesday on a flurry of speculative sales and the poor tone of the market may lead to further losses in the days ahead, brokers said. The New York Board of Trade's March raw sugar contract slumped 0.27 cent,
Published 08 Dec, 2006 12:00am
Soyabeans slip

Soyabeans slip

The Chicago Board of Trade soyabean market fell on Wednesday on year-end profit taking, but recovered from its lows after it slipped to a double bottom, traders said. January soyabeans were 3 cents lower at $6.61-1/4 per bushel by 10:55 am CST (1655 GMT),
Published 08 Dec, 2006 12:00am
Malaysian tin dips

Malaysian tin dips

Malaysian tin closed down $21 on Thursday, due to higher offerings at the price, one dealer said.
Published 08 Dec, 2006 12:00am
CBOT rice falls

CBOT rice falls

Chicago Board of Trade rough rice futures closed lower on Wednesday on follow-through technical selling amid a lack of fresh news, traders said. "It was just continued selling from yesterday," said one rice broker. The market was technically weak, falling
Published 08 Dec, 2006 12:00am
Tokyo rubber futures barely changed

Tokyo rubber futures barely changed

Tokyo rubber futures were little changed in slow trades on Thursday, with investors divided over the outlook for rubber supply. While the world's No 1 and No 2 natural rubber producers Thailand and Indonesia have shown their intention this week to curb ex
Published 08 Dec, 2006 12:00am
Malaysian palm oil ends slightly down

Malaysian palm oil ends slightly down

Malaysian crude palm oil futures closed marginally lower on Thursday, as prices of rival soyaoil declined on the Chicago Board of Trade. Dealers said the market was awaiting comments from Dorab Mistry, a leading palm oil analyst, who is due to speak on Fr
Published 08 Dec, 2006 12:00am
Delta to sell 38 Boeing

Delta to sell 38 Boeing

Delta Air Lines Inc said on Thursday it will sell 38 Boeing Co airplanes after delivery as part of its bankruptcy, but that it will order 10 more planes and convert an existing order of five planes to longer-range aircraft to match its restructuring plans
Published 08 Dec, 2006 12:00am
Britain's debt bubble to burst in 2008

Britain's debt bubble to burst in 2008

Britain's corporate 'debt bubble' will burst in 2008 as overleveraged companies grapple with debt payments while consumer confidence is likely to fall, experts said at a conference on Wednesday.
Published 08 Dec, 2006 12:00am
US jobless claims fell 34,000

US jobless claims fell 34,000

The number of US workers seeking first-time jobless claims plunged last week, as expected, after surging the prior week during the start of the holiday season, a government report showed on Thursday.
Published 08 Dec, 2006 12:00am
BoE holds rates steady

BoE holds rates steady

The Bank of England kept interest rates steady at 5.0 percent on Thursday and economists are divided over whether borrowing costs will need to rise again next year. All 50 economists polled by Reuters last week had predicted the Bank's Monetary Policy Com
Published 08 Dec, 2006 12:00am
ECB raises rates to five-year high

ECB raises rates to five-year high

The European Central Bank raised interest rates to a five-year high on Thursday and said it will keep a very close eye on price risks, leaving the door open for further tightening but giving no clear indication on when.
Published 08 Dec, 2006 12:00am
China to aim for stable growth next year

China to aim for stable growth next year

China's policy makers will work to engineer stable yet rapid economic growth in 2007 by beefing up their macroeconomic control measures, according to the conclusions of an annual work meeting published on Thursday.
Published 08 Dec, 2006 12:00am
China to boost energy profile with US and Asia

China to boost energy profile with US and Asia

China next week hosts a wide-ranging summit of US and Asian energy ministers that will boost the energy profile of the world's number-two oil consumer as it seeks greater leverage over crude prices.
Published 08 Dec, 2006 12:00am
Russia steps up pressure on Shell

Russia steps up pressure on Shell

Russia stepped up pressure on Royal Dutch/Shell's Sakhalin-2 venture on Thursday by saying it had suspended water permits in a move that could cause further delays to the $22 billion project. Russia's resources ministry said in a statement its water resou
Published 08 Dec, 2006 12:00am
West must accept rising Asia: Manmohan

West must accept rising Asia: Manmohan

Western nations should come to terms with the rise of Asian economies and global institutions must change to accomodate a new power balance, Indian Prime Minister Manmohan Singh said on Thursday.
Published 08 Dec, 2006 12:00am
US and Korea trade talks hit new snag

US and Korea trade talks hit new snag

Struggling free trade talks between the United States and its long-time ally South Korea hit a new snag on Wednesday over US anti-dumping laws, which Seoul believes are unfairly applied to its products.
Published 08 Dec, 2006 12:00am
Airbus to hike investment in India

Airbus to hike investment in India

Europe's Airbus said Thursday it would hike investment in India to at least one billion dollars as it forecast the country would need 1,100 new planes over 20 years to meet soaring travel demand.
Published 08 Dec, 2006 12:00am
Hotels to pay royalties on TV, music: EU court

Hotels to pay royalties on TV, music: EU court

Hotels providing guests with ambient music and TV programmes via television sets in their rooms should pay royalties, the European Union's top court ruled on Thursday.
Published 08 Dec, 2006 12:00am
Taiwan stocks little changed

Taiwan stocks little changed

Taiwan shares ended flat on Thursday, even as Cathay Financial and other financial firms rose on investor enthusiasm amid huge foreign fund flows into the Taiwan market. The main TAIEX share index edged down 0.09 percent to close at 7,686.52 points, pulli
Published 08 Dec, 2006 12:00am
Malaysian share finish flat

Malaysian share finish flat

Malaysian share prices closed flat on Thursday in cautious trade after the release of weaker-than-expected October industrial output data, dealers said.
Published 08 Dec, 2006 12:00am
Hong Kong stocks snap three-day winning streak

Hong Kong stocks snap three-day winning streak

Hong Kong stocks slid 0.96 percent on Thursday, ending three straight sessions of gains, as China Mobile slipped following a major shareholder's sale of US $147 million of the company's stock.
Published 08 Dec, 2006 12:00am
US stocks fall on Oracle's slide

US stocks fall on Oracle's slide

US stocks fell on Wednesday as concerns about the outlook for software maker Oracle Corp hit technology shares and investors worried that November job growth could discourage the Federal Reserve from cutting interest rates any time soon.
Published 08 Dec, 2006 12:00am
Indian shares hit another record finish

Indian shares hit another record finish

Indian share prices closed at a fifth straight record high on Thursday, edging ahead in choppy trade as the market faced strong resistance in getting through the key 14,000 points level, dealers said. The benchmark 30-share Mumbai stock exchange Sensex in
Published 08 Dec, 2006 12:00am
US Treasuries retreat

US Treasuries retreat

US Treasury debt prices retreated on Wednesday after private reports suggested November job growth would top Wall Street estimates and hinted at some stabilisation in the closely-watched housing market.
Published 08 Dec, 2006 12:00am
US Treasuries retreat

US Treasuries retreat

US Treasury debt prices retreated on Wednesday after private reports suggested November job growth would top Wall Street estimates and hinted at some stabilisation in the closely-watched housing market.
Published 08 Dec, 2006 12:00am
Philippines shares slip

Philippines shares slip

Philippines share prices closed flat on Thursday as the market continued in a narrow range consolidation after this year's sustained gains back to nine-year highs, dealers said.
Published 08 Dec, 2006 12:00am
Jakarta shares decline

Jakarta shares decline

Indonesian share prices closed 0.13 percent lower on Thursday as profit-taking in major stocks led by Telkom and Astra International offset gains in the broader market, dealers said.
Published 08 Dec, 2006 12:00am
Singapore shares rally

Singapore shares rally

Singapore share prices closed up 0.23 percent on Thursday but were off a record intra-day high after early gains were led by blue chip Singapore Telecommunications, dealers said. They said a correction at this stage would be healthy after the recent recor
Published 08 Dec, 2006 12:00am
Nikkei hits six-week closing high

Nikkei hits six-week closing high

The Nikkei average rose 0.62 percent to its highest close in six weeks on Thursday as Japan Tobacco Inc jumped almost 5 percent and exporters such as Canon Inc rose on a softer yen. The Nikkei also drew support from the futures market, where the December
Published 08 Dec, 2006 12:00am
Thai shares slightly down

Thai shares slightly down

Thai share prices closed little changed on Thursday, with sentiment sluggish due to a lack of new leads, dealers said. The Stock Exchange of Thailand (SET) composite index fell 0.62 points to 745.54 and the blue chip SET 50 index lost 0.71 points to 522.0
Published 08 Dec, 2006 12:00am
Swiss franc firmer

Swiss franc firmer

The Swiss franc firmed against the dollar but was barely changed against the euro as investors braced for a likely rate rise by the European central Bank later on Thursday.
Published 08 Dec, 2006 12:00am
Yuan dips as dollar rebounds

Yuan dips as dollar rebounds

China's yuan weakened slightly against the dollar on Thursday as the US currency staged a rebound against most global currencies after solid November job data in the United States.
Published 08 Dec, 2006 12:00am
Dollar slips before ECB rate meet

Dollar slips before ECB rate meet

The dollar slipped on Thursday ahead of what is widely expected to be a rate rise by the European Central Bank later in the day as investors waited to see if it would suggest rates had further to climb.
Published 08 Dec, 2006 12:00am
Dollar gains on US jobs data

Dollar gains on US jobs data

The dollar rose across the board on Wednesday after a report showed the US private sector created more jobs than expected last month, leading some to conclude the broader labour market remained resilient.
Published 08 Dec, 2006 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 69.60/69.83 (previous 69.50/70.85). Call Money Rates: 6.50-10.00 percent (previous 6.50-10.00 percent).
Published 08 Dec, 2006 12:00am
Asian currencies: South Korean won at nine-year high

Asian currencies: South Korean won at nine-year high

The South Korean won rose to a fresh nine-year high on Thursday on sustained selling of dollars by exporters, despite more verbal intervention by the authorities to cap the currency.
Published 08 Dec, 2006 12:00am
Hong Kong dollar recovers losses to end higher

Hong Kong dollar recovers losses to end higher

The Hong Kong dollar recouped early losses to end higher on Thursday as some players liquidated their long US dollar positions in the afternoon. The currency was trading at 7.7667/68 against the US dollar, off a morning low of 7.7695, firmer than Wednesda
Published 08 Dec, 2006 12:00am
South Korean rider dies in jump fall

South Korean rider dies in jump fall

South Korea's Kim Hyung-chil died after being crushed by his horse in a heavy fall at the Asian Games equestrian event on Thursday. In atrocious weather conditions, Kim's horse Bundaberg Black rolled over him after a fall at fence No 8 in the individual c
Published 08 Dec, 2006 12:00am
Younis Khan grieved

Younis Khan grieved

Farman Ali, the elder brother of star batsman and vice captain of Pakistan cricket team Younis Khan passed away in Frankfurt, Germany. He was 37. Farman was in Germany for the last 14 years in connection with hotel business and was suffering from stomach
Published 08 Dec, 2006 12:00am
China set for maiden hockey semi-finals

China set for maiden hockey semi-finals

China moved closer to their first ever appearance in the semi-finals of the Asian Games men's field hockey with a 4-1 drubbing of Bangladesh here on Thursday. Defending champions South Korea made light of the rain and gusty winds to thrash lowly Oman 10-0
Published 08 Dec, 2006 12:00am
China's Red Army triumph at Asian Games table tennis

China's Red Army triumph at Asian Games table tennis

China seized control of the Asian Games table tennis Thursday, fending off attacks from Hong Kong and South Korea to win another three gold medals. With three titles already secure, Chinese world number four Wang Hao charged over team-mate and world numbe
Published 08 Dec, 2006 12:00am
New Zealand dominate

New Zealand dominate

New Zealand comfortably controlled the opening day of the first cricket Test against Sri Lanka here Thursday after being gifted first use of the ball on a bowler's wicket. At stumps they were 85 for two after dismissing Sri Lanka for 154.
Published 08 Dec, 2006 12:00am
Inzamam anchors Pakistan's hard-earned win

Inzamam anchors Pakistan's hard-earned win

Pakistan skipper Inzamamul Haq capped his return with an uncharacteristic unbeaten 42 to help his side beat the West Indies by two wickets in the second one-day international here on Thursday.
Published 08 Dec, 2006 12:00am
Bodies wash up on Philippine shores after killer typhoon

Bodies wash up on Philippine shores after killer typhoon

One week after typhoon-spawned killer mudslides ravaged the eastern Philippines, dead bodies continued to wash onto the shores of coastal villages as heavy rains hampered rescue and relief efforts on Thursday.
Published 08 Dec, 2006 12:00am
Pope ends rollercoaster year

Pope ends rollercoaster year

Pope Benedict XVI's first full year as head of the Roman Catholic Church has been a rollercoaster ride in which he unwittingly became an antagonist in the "clash of civilisations" between East and West.
Published 08 Dec, 2006 12:00am
Somalia religious group warns of wider conflict

Somalia religious group warns of wider conflict

Somalia's powerful religious group on Thursday warned that a UN Security Council decision to deploy peacekeepers will multiply "the number of graves" in the country as it threatened to step up a conflict against the weak Somali government.
Published 08 Dec, 2006 12:00am