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Print - 2007-05-14
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 Saturday (May 12, 2007).

Published 14 May, 2007 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 Saturday (May 12, 2007).

Published 14 May, 2007 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 Saturday (May 12, 2007).

Published 14 May, 2007 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 14 May, 2007 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 14 May, 2007 12:00am
Federer faces multiple challenges in Hamburg

Federer faces multiple challenges in Hamburg

Roger Federer, who risked annoying the ATP leadership in an attempt to save next week's 2.45-million-dollar Masters Series from losing its status, finds that for him the tournament has even greater importance than he anticipated.
Published 14 May, 2007 12:00am
Strauss to lead England, Prior gets gloves

Strauss to lead England, Prior gets gloves

Opening batsman Andrew Strauss will lead England in the first test against West Indies at Lord's starting on Thursday in the absence of injured captain Michael Vaughan. Matthew Prior was named as wicketkeeper in the 12-man squad announced by the England a
Published 14 May, 2007 12:00am
Howard halts Aussies tour to Zimbabwe

Howard halts Aussies tour to Zimbabwe

Australian Prime Minister John Howard has ordered the country's national cricket team to cancel their planned tour of Zimbabwe later this year. The Australian government had previously outlined its determination to scrap the tour in protest over Zimbabwe
Published 14 May, 2007 12:00am
Nadal claims third Rome title

Nadal claims third Rome title

Rafael Nadal stretched his record clay-court win streak to 77 straight victories as he beat Fernando Gonzalez 6-2, 6-2 on Sunday to win a third title at the Rome Masters. The Spaniard joined Austrian Thomas Muster with three trophies at the Foro Italico b
Published 14 May, 2007 12:00am
Henin pleased with French Open preparation

Henin pleased with French Open preparation

World number one Justine Henin was disappointed to bow out of the German Open on Sunday after losing her semi-final to Russian Svetlana Kuznetsova, but pleased with her preparation to defend her French Open title.
Published 14 May, 2007 12:00am
Sampras would still have chance at Wimbledon: McEnroe

Sampras would still have chance at Wimbledon: McEnroe

Hard-to-impress tennis icon John McEnroe is prepared to advise now-retired Pete Sampras to step back into the mix with a one-off return to Wimbledon this summer. "To tell you the truth I'm sort of tempted to push him to play it, because it would be intere
Published 14 May, 2007 12:00am
'Miserable' Fletcher right to quit: Botham

'Miserable' Fletcher right to quit: Botham

Ian Botham has said Duncan Fletcher was right to quit when he did as England coach, branding him "miserable" and "paranoid" when it came to dealing with the media.
Published 14 May, 2007 12:00am
United's young generation excites Ferguson

United's young generation excites Ferguson

Manchester United manager Sir Alex Ferguson celebrates a ninth Premiership title on Sunday with a stark warning for his club's closest rivals. As the debate over where this latest championship success rates in the Scot's impressive list of achievements, t
Published 14 May, 2007 12:00am
Australia win Sultan Azlan Shah Cup

Australia win Sultan Azlan Shah Cup

Australia regained the Sultan Azlan Shah Cup by defeating Malaysia 3-1 in the final of the 16th edition here Sunday. The reigning Olympic champions, who have won the trophy four times before, proved far superior to the Malaysians and three field goals in
Published 14 May, 2007 12:00am
Australia win Sultan Azlan Shah Cup

Australia win Sultan Azlan Shah Cup

Australia regained the Sultan Azlan Shah Cup by defeating Malaysia 3-1 in the final of the 16th edition here Sunday. The reigning Olympic champions, who have won the trophy four times before, proved far superior to the Malaysians and three field goals in
Published 14 May, 2007 12:00am
Glazers deny Chinese approach for United

Glazers deny Chinese approach for United

The Glazer family on Sunday insisted that Manchester United was not for sale amid reports of an 850 million pound (1.7 billion dollar) bid from a Chinese consortium. It has been claimed that contact was made with United by an English-based finance expert
Published 14 May, 2007 12:00am
Revie steps up Leeds take-over plan

Revie steps up Leeds take-over plan

Duncan Revie has said he intends to speak to Leeds United chairman Ken Bates on Monday in an attempt to advance his take-over plans for the struggling club.
Published 14 May, 2007 12:00am
Rain dampens West Indies' hopes of proper warm-up

Rain dampens West Indies' hopes of proper warm-up

Rain washed out the second day of West Indies' tour match against Somerset at Taunton here Sunday without a ball being bowled. This match is West Indies' only game before the first Test of a four-match series starts at Lord's on Thursday and bad weather m
Published 14 May, 2007 12:00am
Bangladesh March exports up 13.4 percent

Bangladesh March exports up 13.4 percent

Bangladesh exports in March surged 13.4 percent from a year earlier to $1.01 billion, mostly driven by the volume of sales as prices were almost steady, Export Promotion Bureau officials said on Sunday. In July to March, the first nine months of fiscal ye
Published 14 May, 2007 12:00am
Wolfowitz's World Bank tenure hangs in balance

Wolfowitz's World Bank tenure hangs in balance

The World Bank executive board is expected to deliver its verdict this week on the future of embattled bank president Paul Wolfowitz who faces demands to step down over nepotism allegations.
Published 14 May, 2007 12:00am
Iran seeks to restore magic to carpet business

Iran seeks to restore magic to carpet business

Iran once flew high as the undisputed king of the world carpet industry but its magic is fading amid a rising challenge from Asian countries where labour is cheaper.
Published 14 May, 2007 12:00am
Qantas probes foreign ownership after take-over fizzles

Qantas probes foreign ownership after take-over fizzles

Australian airline Qantas is still to determine whether it has broken the law after a failed take-over bid pushed the limits of foreign ownership, Deputy Prime Minister Mark Vaile said Sunday.
Published 14 May, 2007 12:00am
Bank of America stands by offer for LaSalle

Bank of America stands by offer for LaSalle

The chairman of Bank of America said his company had no plans to sweeten its bid of 21 billion dollars for US competitor LaSalle, a subsidiary of Dutch bank ABN Amro, in an interview to be published Monday.
Published 14 May, 2007 12:00am
Balanced budget a precondition for tax cuts: Merkel

Balanced budget a precondition for tax cuts: Merkel

German Chancellor Angela Merkel said in a newspaper interview published on Sunday that her government should not consider cuts in taxes before it had presented a balanced budget.
Published 14 May, 2007 12:00am
WTO heavyweights to mount fresh bid to salvage Doha talks

WTO heavyweights to mount fresh bid to salvage Doha talks

The world's leading trading powers are this week to mount yet another bid to salvage WTO negotiations aimed at reducing barriers to global commerce that have gone nowhere for the past six years.
Published 14 May, 2007 12:00am
US airlines risk ballooning frequent-flyer payout

US airlines risk ballooning frequent-flyer payout

Bennett Porter, a globe-trotting Internet marketing executive, poses a big problem for US airlines. The New York-based traveller has amassed more than 1 million frequent flyer miles with American Airlines, and still others with additional carriers. She is
Published 14 May, 2007 12:00am
South Korea corporate crusader seeks to shake up chaebol

South Korea corporate crusader seeks to shake up chaebol

Corporate crusader Jang Ha-Sung, who works to shake up South Korea's powerful family-controlled business groups, admits he is hated by both bosses and unions. "I am a target of hatred from both management and workers. Labour unions have branded me as a tr
Published 14 May, 2007 12:00am
SNB's Jordan says tightening cycle not over yet

SNB's Jordan says tightening cycle not over yet

The Swiss National Bank is not finished yet with rate rises and remains on the lookout for import-price-led inflation as the Swiss franc stays weak, SNB board member Thomas Jordan said in an interview published on Sunday.
Published 14 May, 2007 12:00am
Irish Prime Minister defends payments from UK businessman

Irish Prime Minister defends payments from UK businessman

Irish Prime Minister Bertie Ahern defended himself on Sunday for taking cash from businessmen in the 1990s, saying the payments were made at a time of "great personal turmoil" following the breakdown of his marriage.
Published 14 May, 2007 12:00am
Kuwait cuts repurchase rate, appears to target currency

Kuwait cuts repurchase rate, appears to target currency

Kuwait cut its repurchase rate for the second time in six weeks on Sunday in what appeared to be its latest move to deter speculators betting on an appreciation of the oil exporter's dollar-pegged dinar currency.
Published 14 May, 2007 12:00am
China M2 growth eases; rate rise still in focus

China M2 growth eases; rate rise still in focus

Annual growth in China's broad M2 measure of money supply eased a touch in April to 17.1 percent, but analysts said strong lending activity and a drop in household deposits could herald further interest rate rises.
Published 14 May, 2007 12:00am
Fears over Sri Lankan refugee plan

Fears over Sri Lankan refugee plan

More than 100,000 Tamil refugees face unsafe conditions under a Sri Lankan government plan to return them to areas scarred by recent fighting between troops and Tiger rebels, aid agencies said Sunday.
Published 14 May, 2007 12:00am
Five killed in Thai south

Five killed in Thai south

Suspected separatists have killed five people in Thailand's troubled south, police said Sunday, as the premier visited the region and vowed to continue peace-building talks with rebels. Three Muslim rubber-tappers were shot dead in Yala province on Sunday
Published 14 May, 2007 12:00am
Top China negotiator to become new Taiwan premier

Top China negotiator to become new Taiwan premier

Taiwan will choose its top China negotiator as its next premier for lack of other job candidates as the former premier leaves to ease tension in the ruling party ahead of the 2008 presidential race, a source said on Sunday.
Published 14 May, 2007 12:00am
Philippines on alert ahead of vote

Philippines on alert ahead of vote

The Philippines military went on alert as voters prepared for national elections Monday following a blood-soaked campaign season that saw more than 110 people killed.
Published 14 May, 2007 12:00am
Thousands of Maoists surround Nepal parliament

Thousands of Maoists surround Nepal parliament

Thousands of Maoist supporters surrounded Nepal's parliament building Sunday to demand the government abolish the monarchy and declare a republic, threatening more such protests this month.
Published 14 May, 2007 12:00am
Jordan's king postpones West Bank visit

Jordan's king postpones West Bank visit

Bad weather forced Jordan's King Abdullah to cancel plans to fly to the occupied West Bank on Sunday for talks with Palestinian President Mahmoud Abbas, the president said. "We postponed the visit," Abbas told reporters at his office in the West Bank town
Published 14 May, 2007 12:00am
Cheney takes Middle East tour

Cheney takes Middle East tour

US Vice President Dick Cheney continued his Middle East tour with a lightning stop in Egypt on Sunday for talks with President Hosni Mubarak on helping Iraq and curbing Iran's rising influence. Cheney went into talks with Mubarak, a close US ally, to seek
Published 14 May, 2007 12:00am
Bottled water carries high environmental costs

Bottled water carries high environmental costs

Bottled water, the world's fastest growing beverage, carries a heavy environmental cost, adding plastic to landfills and putting pressure on natural springs, the author of a new report said on May 10.
Published 14 May, 2007 12:00am
5,000 children born with Thalassaemia major every year

5,000 children born with Thalassaemia major every year

Currently about 5,000 children in Pakistan are born with Thalassaemia Major every year and the only treatment is bone marrow transplantation, said eminent Haematologist, Dr Salman N. Adil, stressing on the importance of treatment at an early age before an
Published 14 May, 2007 12:00am
Toxins from tanneries endanger Kasur residents

Toxins from tanneries endanger Kasur residents

For most of his adult life, Muhammad Rauf, 38, has worked at a hide-tanning factory in town of Kasur. He applies large quantities of water and chemicals to raw animal skins as part of the laborious process that turns them into finished leather.
Published 14 May, 2007 12:00am
Scientists announce cancer drug breakthrough

Scientists announce cancer drug breakthrough

Australian scientists said on Friday they have developed a cancer treatment which could deliver lethal doses of drugs to tumours without the usual harmful side-effects such as nausea and hair loss.
Published 14 May, 2007 12:00am
Midwifery training may reduce mortality rate: 30,000 women die annually

Midwifery training may reduce mortality rate: 30,000 women die annually

At least 30,000 women die every year in Pakistan, one death after every 20 minuets during pregnancy. This ratio could be brought down to large extent by imparting better training to midwifery staff, a seminar on Maternal Mortality was told here on May 9.
Published 14 May, 2007 12:00am
HEALTH UPDATE: heart drugs

HEALTH UPDATE: heart drugs

Older people who take certain blood pressure-lowering drugs may also be protecting themselves from declines in memory and other brain function, research suggests.
Published 14 May, 2007 12:00am
HEALTH UPDATE: skin diseases

HEALTH UPDATE: skin diseases

With the rise in temperature in region, the skin diseases have also increased now a day, as the number of such patients has almost doubled in the hospitals.
Published 14 May, 2007 12:00am
HEALTH UPDATE: 34 million children vaccinated

HEALTH UPDATE: 34 million children vaccinated

More than 34 million children in Pakistan were successfully immunised against polio during last week's national vaccination round, health officials have said.
Published 14 May, 2007 12:00am
HEALTH UPDATE: the killer in the kitchen

HEALTH UPDATE: the killer in the kitchen

Almost five percent of deaths and disease are caused by household air pollution in 21 mainly African countries, and could be easily prevented by switching fuels, the World Health Organisation said on April 30.
Published 14 May, 2007 12:00am
HEALTH UPDATE: pure fruit juice not likely to put weight on kids

HEALTH UPDATE: pure fruit juice not likely to put weight on kids

Contrary to popular belief, drinking pure 100 percent fruit juice does not make young children overweight or at risk for becoming overweight, new research shows. Pure fruit juice provides essential nutrients and, in moderation, may actually help children
Published 14 May, 2007 12:00am
HEALTH UPDATE: a strand of hair may reveal cancer risk

HEALTH UPDATE: a strand of hair may reveal cancer risk

Measuring the amount of melanin in a hair sample independently predicts an individual's risk for melanoma, according to a report in the May 15th issue of the American Journal of Epidemiology.
Published 14 May, 2007 12:00am
Intel to update Centrino laptop hardware

Intel to update Centrino laptop hardware

Intel Corp is set to launch new hardware for laptop computers that the world's biggest chipmaker hopes will keep it at the top of the fastest-growing segment of the personal computer market.
Published 14 May, 2007 12:00am
Dell finds place in history museum

Dell finds place in history museum

Global technology giant Dell's acumen for selling low-priced personal computers has earned it a place in Washington's Smithsonian National Museum of American History, the company and museum announced on May 10.
Published 14 May, 2007 12:00am
Business software needs YouTube jolt

Business software needs YouTube jolt

Corporate software need not come as complicated hairballs of code, but can work as simply as YouTube or Google Web search does, the chairman of SAP AG, Europe's largest software maker, said on May 8.
Published 14 May, 2007 12:00am
SingTel mobile users top 124 million

SingTel mobile users top 124 million

Singapore Telecommunications (SingTel) said on May 8 that its mobile subscribers grew by a record 12 million in the first quarter to top 124 million users at the end of March, the largest such base in Asia outside of China.
Published 14 May, 2007 12:00am
SingTel mobile users top 124 million

SingTel mobile users top 124 million

Singapore Telecommunications (SingTel) said on May 8 that its mobile subscribers grew by a record 12 million in the first quarter to top 124 million users at the end of March, the largest such base in Asia outside of China.
Published 14 May, 2007 12:00am
Yahoo personalises online travel planning

Yahoo personalises online travel planning

Yahoo launched a new personalised version of its travel planning website on May 9 that merges online community, bargain hunting, and Internet mapping technology.
Published 14 May, 2007 12:00am
Cable interactive ads can compete with Web advertisements

Cable interactive ads can compete with Web advertisements

The cable industry can compete successfully with online companies for advertising dollars by launching on-demand networks supported by advanced interactive advertising, President of Time Warner Inc Jeffrey Bewkes said on May 9.
Published 14 May, 2007 12:00am
Old media turns combative against new media

Old media turns combative against new media

Leading media executives took a combative tone against Internet companies on May 8, suggesting that Big Media increasingly considers new content distributors like Google Inc to be more foe than friend.
Published 14 May, 2007 12:00am
Google focus on software applications

Google focus on software applications

Google Inc's corporate tagline has become "Search, Ads and Apps," reflecting a shift beyond search and advertising into online software applications, its chief executive said on May 10.
Published 14 May, 2007 12:00am
Warid Telecom enters Bangladesh market

Warid Telecom enters Bangladesh market

Bangladesh's sixth mobile phone operator, Warid Telecom, launched operations on May 10, aiming to grab a slice of one of the world's fastest growing markets, an official said. Owned by the Gulf-based Abu Dhabi Group, Warid Telecom is counting on five mill
Published 14 May, 2007 12:00am
E-government fast becoming key driver of national economy

E-government fast becoming key driver of national economy

E-government in Pakistan is fast becoming the key driver of the national economy through service integration between agencies both domestically and internationally. Nations around the world are also prioritising e-government to streamline the flow of info
Published 14 May, 2007 12:00am
Insider trading

Insider trading

US allegations of insider trading against a Hong Kong couple highlight what many here believe is an entrenched culture of sharp practice in a city claiming to be a world financial centre.
Published 14 May, 2007 12:00am
India wakes up to e-waste

India wakes up to e-waste

Environmentalists, alarmed by surging demand for consumer gadgets in India, are pushing manufacturers to tackle mounting piles of hazardous electronic waste.
Published 14 May, 2007 12:00am
First A4 colour e-paper

First A4 colour e-paper

South Korea's LG Philips LCD said on May 13, it had developed the world's first A4-sized colour electronic-paper-a paper-thin and bendable viewing panel.
Published 14 May, 2007 12:00am
In Short: Ericsson sees 4.5 billion subscribers by 2010

In Short: Ericsson sees 4.5 billion subscribers by 2010

There will be 4.5 billion mobile telephone subscribers world-wide by 2010, Swedish telecommunications equipment maker Ericsson forecast on May 9. "The mobile subscription for 2010 will be 4.5 billion. It is our market estimate," an Ericsson spokeswoman to
Published 14 May, 2007 12:00am
In Short: Ericsson sees 4.5 billion subscribers by 2010

In Short: Ericsson sees 4.5 billion subscribers by 2010

There will be 4.5 billion mobile telephone subscribers world-wide by 2010, Swedish telecommunications equipment maker Ericsson forecast on May 9. "The mobile subscription for 2010 will be 4.5 billion. It is our market estimate," an Ericsson spokeswoman to
Published 14 May, 2007 12:00am
Adidas earnings beat expectations

Adidas earnings beat expectations

German sportswear giant Adidas reported on May 10 a fall in first-quarter profit that was better than analysts expected, after managing to halt poor sales of its Reebok brand.
Published 14 May, 2007 12:00am
Adidas earnings beat expectations

Adidas earnings beat expectations

German sportswear giant Adidas reported on May 10 a fall in first-quarter profit that was better than analysts expected, after managing to halt poor sales of its Reebok brand.
Published 14 May, 2007 12:00am
Shell to bid for Yukos petrol station network

Shell to bid for Yukos petrol station network

British-Dutch oil major Royal Dutch Shell will bid for 537 petrol stations belonging to the shattered Yukos oil empire at a bankruptcy auction, the Vedomosti daily reported on May 08.
Published 14 May, 2007 12:00am
HSBC and Aviva to launch joint insurance venture

HSBC and Aviva to launch joint insurance venture

HSBC and Aviva, the biggest retail bank and the biggest insurer in Britain, said on May 10 that they would create a general insurance joint venture in their home market.
Published 14 May, 2007 12:00am
ADB to issue $6-8 billion in bonds next year

ADB to issue $6-8 billion in bonds next year

The Asian Development Bank plans to raise $6 billion to $8 billion from bond markets next year, around the same level as expected this year, a senior official of the agency said on May 07.
Published 14 May, 2007 12:00am
ADB to issue $6-8 billion in bonds next year

ADB to issue $6-8 billion in bonds next year

The Asian Development Bank plans to raise $6 billion to $8 billion from bond markets next year, around the same level as expected this year, a senior official of the agency said on May 07.
Published 14 May, 2007 12:00am
News Corp reports higher profits

News Corp reports higher profits

Media mogul Rupert Murdoch's News Corp announced a six percent gain in quarterly profit on May 09, sayings its coffers had been swelled by the "Night at the Museum" movie and DVD sales of "Borat" and "The Devil Wears Prada."
Published 14 May, 2007 12:00am
News Corp reports higher profits

News Corp reports higher profits

Media mogul Rupert Murdoch's News Corp announced a six percent gain in quarterly profit on May 09, sayings its coffers had been swelled by the "Night at the Museum" movie and DVD sales of "Borat" and "The Devil Wears Prada."
Published 14 May, 2007 12:00am
Toyota chalks up record profits

Toyota chalks up record profits

Toyota Motor Corp reported on May 09 another year of record earnings, becoming the first Japanese company ever to post an operating profit of more than two trillion yen thanks to brisk sales overseas.
Published 14 May, 2007 12:00am
Toyota chalks up record profits

Toyota chalks up record profits

Toyota Motor Corp reported on May 09 another year of record earnings, becoming the first Japanese company ever to post an operating profit of more than two trillion yen thanks to brisk sales overseas.
Published 14 May, 2007 12:00am
Arcelor Mittal eyes AK Steel: report

Arcelor Mittal eyes AK Steel: report

Arcelor Mittal, the world's largest steelmaker, is looking to acquire AK Steel, the Financial Times reported on its Alphaville Web site on May 08, triggering a surge in AK Steel shares.
Published 14 May, 2007 12:00am
ABN eyes serving more Chinese firms moving abroad

ABN eyes serving more Chinese firms moving abroad

Dutch lender ABN AMRO said on May 07 that it aims to serve more Chinese firms as they expand further overseas, thereby raising the bank's profile in the world's fourth-largest economy. ABN AMRO is currently a comparatively modest player in China compared
Published 14 May, 2007 12:00am
China to raise bank forex reserve ratio

China to raise bank forex reserve ratio

China's central bank has told lenders to set aside more of their foreign exchange deposits in reserves, a move intended to ease appreciation pressure on the Chinese yuan, state press reported on May 09.
Published 14 May, 2007 12:00am
BAE to pay $4.5 billion for US defence firm

BAE to pay $4.5 billion for US defence firm

Armor Holdings, which makes armoured vehicles and other equipment for the US military and law enforcement, said on May 07 it had agreed to be taken over by British-based BAE Systems for 4.5 billion dollars.
Published 14 May, 2007 12:00am
JGB climb boosted by Nikkei fall

JGB climb boosted by Nikkei fall

Japanese government bonds rose on Friday, recovering after the lead futures contract slid for five straight sessions as investors took their cue from a fall in share prices and overnight gains in US Treasuries.
Published 14 May, 2007 12:00am
JGB climb boosted by Nikkei fall

JGB climb boosted by Nikkei fall

Japanese government bonds rose on Friday, recovering after the lead futures contract slid for five straight sessions as investors took their cue from a fall in share prices and overnight gains in US Treasuries.
Published 14 May, 2007 12:00am
Malaysian shares seen trading within narrow range

Malaysian shares seen trading within narrow range

Malaysian share prices are expected to trade within a narrow range in the coming week, analysts said. SJ Securities research head Cheah King Yoong said the market was likely to "trade range-bound next week," with the benchmark composite index's resistance
Published 14 May, 2007 12:00am
Thai equities likely to trade range-bound

Thai equities likely to trade range-bound

Thai stocks are expected to move marginally next week amid profit-taking, while energy and petrochemical stocks are likely to shore up trading with their bright earning outlooks, dealers said.
Published 14 May, 2007 12:00am
Thai equities likely to trade range-bound

Thai equities likely to trade range-bound

Thai stocks are expected to move marginally next week amid profit-taking, while energy and petrochemical stocks are likely to shore up trading with their bright earning outlooks, dealers said.
Published 14 May, 2007 12:00am
Taiwan shares likely capped at 8,100 points

Taiwan shares likely capped at 8,100 points

Taiwan share prices are likely to run into strong resistance at around 8,100 points next week with many investors sidelined due to a lack of fresh leads, dealers said Friday.
Published 14 May, 2007 12:00am
Asian currencies strengthen against dollar

Asian currencies strengthen against dollar

Asian currencies strengthened against the dollar in the past week, amid continued concern over inflation and weak forecasts for the United States economy.
Published 14 May, 2007 12:00am
Jakarta shares expected to trade flat

Jakarta shares expected to trade flat

Indonesian share prices are expected to trade flat to lower in the week ahead, despite strong domestic fundamentals, as the market continues to undergo a correction, an analyst said.
Published 14 May, 2007 12:00am
Possible China measures to keep Hong Kong shares in check

Possible China measures to keep Hong Kong shares in check

Hong Kong share prices are likely to be kept in check by renewed fears that China may announce further measures to rein in its stock markets after they hit new records in the past few days, dealers said.
Published 14 May, 2007 12:00am
Wall Street wonders what is next after frenzied rally

Wall Street wonders what is next after frenzied rally

The extraordinary streak on Wall Street set fresh records for blue chips over the past week, even as analysts said the frenzy may be setting the stage for a correction, or something worse.
Published 14 May, 2007 12:00am
Seoul shares set for correction

Seoul shares set for correction

South Korea's stock market is likely to undergo a correction after a record-breaking week since investors believe prices rose too high too quickly, analysts said Friday. The benchmark KOSPI index finished the week at a record close of 1,603.56, up 35.82 p
Published 14 May, 2007 12:00am
Bangladesh interbank rates

Bangladesh interbank rates

Bangladesh Inter-bank buy/sell rates for the taka against the dollar on Sunday.69.00/69.00 (previous 69.00/69.15) Call Money Rates: 7.00-10.00 percent (previous 7.00-10.00 percent.
Published 14 May, 2007 12:00am
Philippines shares to move sideways

Philippines shares to move sideways

Philippines share prices are expected to move sideways with an upward bias next week as the results of the mid-term elections come in, analysts said Friday.
Published 14 May, 2007 12:00am
Australian shares tipped to follow Wall Street lead

Australian shares tipped to follow Wall Street lead

Nerves will be tested on the Australian share-market next week amid doubts about the US economy but a major correction is unlikely and domestic fundamentals remain sound, dealers said on Friday.
Published 14 May, 2007 12:00am