AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,605 Increased By 33.2 (0.39%)
BR30 26,904 Decreased By -371.6 (-1.36%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)
Sep 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-06-20
WCE canola ends higher

WCE canola ends higher

Winnipeg Commodity Exchange canola futures ended mostly higher on Monday, lifted by sharp gains in US soya markets and on crusher buying. Traders said July was lower amid rolling of positions from that contract to November and other deferred months.
Published 20 Jun, 2007 12:00am
Russian grain exports seen down to 10 million tonnes

Russian grain exports seen down to 10 million tonnes

Drought in Russia may cut grain exports to 8-10 million tonnes in the 2007/08 crop year from around 13 million in the current 2006/07 year, Agriculture Minister Alexei Gordeyev said on Tuesday. "We believe that we may export up 10 million tonnes or, more
Published 20 Jun, 2007 12:00am
Wapda withdraws late payment surcharge

Wapda withdraws late payment surcharge

Pakistan Water and Power Development Authority (Wapda) has decided to withdraw late payment surcharge against consumers in public sector. According to the decision, late payment surcharge levied on the electricity bills against the federal and provincial
Published 20 Jun, 2007 12:00am
CBOT wheat futures mostly lower

CBOT wheat futures mostly lower

Soft red winter wheat futures at the Chicago Board of Trade closed mostly lower on Monday on profit taking after last week's supply-driven surge to 11-year highs, traders said. Also bearish were outlooks for drier weather in the US Plains late this week,
Published 20 Jun, 2007 12:00am
Lashkar-e-Taiba leader killed in Kashmir

Lashkar-e-Taiba leader killed in Kashmir

A prominent freedom fighter in Indian held Kashmir has been shot dead in a gun-battle with police, officials said on Tuesday. Police identified him as Abu Furqan, a Pakistani national and member of the hard-line Lashkar-e-Taiba group.
Published 20 Jun, 2007 12:00am
Oil cake market rates

Oil cake market rates

The July vaida was unchanged while the December was higher on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The July vaida was unchanged at Rs 650.00 and market settled at the same rate without showing any change fo
Published 20 Jun, 2007 12:00am
Aitzaz challenges notification's validity

Aitzaz challenges notification's validity

Counsel for the CJP, Aitzaz Ahsan Tuesday challenged the validity of the notifications issued for suspension of Chief Justice Iftikhar Mohammad Chaudhry, appointment of Justice Javed Iqbal as Acting Chief Justice, convening of Supreme Judicial Council and
Published 20 Jun, 2007 12:00am
A few deals struck on cotton market

A few deals struck on cotton market

A few transactions were seen on the cotton market on Tuesday as mills made some buying in anticipation of fresh increase in the prices, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2600, they added.
Published 20 Jun, 2007 12:00am
Aitzaz challenges notification's validity

Aitzaz challenges notification's validity

Counsel for the CJP, Aitzaz Ahsan Tuesday challenged the validity of the notifications issued for suspension of Chief Justice Iftikhar Mohammad Chaudhry, appointment of Justice Javed Iqbal as Acting Chief Justice, convening of Supreme Judicial Council and
Published 20 Jun, 2007 12:00am
Chemicals higher on Jodia Bazaar

Chemicals higher on Jodia Bazaar

The trading on chemicals ended higher on Jodia Bazaar here on Tuesday. The following variations were noted.
Published 20 Jun, 2007 12:00am
Retailers may be asked to declare sales in tax returns

Retailers may be asked to declare sales in tax returns

The government is likely to amend the Finance Bill 2007 with a view to make it mandatory for retailers to declare their last year''''s sales in the income tax returns that they would be filing in September 2007. Sources told Business Recorder on Tu
Published 20 Jun, 2007 12:00am
Gram prices lower on grain market

Gram prices lower on grain market

Bearish sentiment was seen on the grain market on Tuesday as grams prices fell modestly in process of trading, dealers said. On the gram side, grams Australia lost Rs 50 to Rs 2800-2950, gram garda Punjab turned even softer and fell by Rs 100 to Rs 2500-2
Published 20 Jun, 2007 12:00am
Retailers may be asked to declare sales in tax returns

Retailers may be asked to declare sales in tax returns

The government is likely to amend the Finance Bill 2007 with a view to make it mandatory for retailers to declare their last year''s sales in the income tax returns that they would be filing in September 2007. Sources told Business Recorder on Tues
Published 20 Jun, 2007 12:00am
AWB says has new US wheat class action

AWB says has new US wheat class action

Australian wheat exporter AWB Ltd said on Tuesday that it has been notified of a third class action complaint filed on behalf of United States wheat growers in the US District Court for the Southern District of New York.
Published 20 Jun, 2007 12:00am
Retailers may be asked to declare sales in tax returns

Retailers may be asked to declare sales in tax returns

The government is likely to amend the Finance Bill 2007 with a view to make it mandatory for retailers to declare their last year's sales in the income tax returns that they would be filing in September 2007. Sources told Business Recorder on Tuesd
Published 20 Jun, 2007 12:00am
China to keep grains goals despite climate change

China to keep grains goals despite climate change

Pressure from global warming is unlikely to change China's policy of maximising domestic grain production, a prominent climate scientist said, but the country is starting to look at ways to reduce greenhouse gas emissions from farming.
Published 20 Jun, 2007 12:00am
Retailers may be asked to declare sales in tax returns

Retailers may be asked to declare sales in tax returns

The government is likely to amend the Finance Bill 2007 with a view to make it mandatory for retailers to declare their last year's sales in the income tax returns that they would be filing in September 2007. Sources told Business Recorder on Tuesd
Published 20 Jun, 2007 12:00am
New York coffee mostly lower

New York coffee mostly lower

US arabica coffee finished mostly lower on Monday, with July/September position-rolling continuing to dominate trading ahead of the front-month's June 21 first notice day, while origin sellers sat on the sidelines, traders said.
Published 20 Jun, 2007 12:00am
Budget to be passed on 23rd instead of 25th: Shaukat

Budget to be passed on 23rd instead of 25th: Shaukat

Things are moving much faster than expectations, as Prime Minister Shaukat Aziz on Tuesday said tat the national budget for 2007-08 would be passed by National Assembly on June 23, two days ahead of earlier announced date.
Published 20 Jun, 2007 12:00am
MGE spring wheat settles mostly lower

MGE spring wheat settles mostly lower

Spring wheat futures on the Minneapolis Grain Exchange closed mostly lower on Monday on hedge-related selling and profit-taking after the supply-driven rally last week to 11-year highs, traders said. Minneapolis July spring wheat ended down 2-1/4 cents at
Published 20 Jun, 2007 12:00am
Budget to be passed on 23rd instead of 25th: Shaukat

Budget to be passed on 23rd instead of 25th: Shaukat

Things are moving much faster than expectations, as Prime Minister Shaukat Aziz on Tuesday said tat the national budget for 2007-08 would be passed by National Assembly on June 23, two days ahead of earlier announced date.
Published 20 Jun, 2007 12:00am
New York cocoa climbs to three-week high

New York cocoa climbs to three-week high

US cocoa futures closed at a three-week high on Monday, on fund and speculative buying, supported by the delayed mid-crop out of Ivory Coast due to hot, dry weather this year, traders said.
Published 20 Jun, 2007 12:00am
Budget to be passed on 23rd instead of 25th: Shaukat

Budget to be passed on 23rd instead of 25th: Shaukat

Things are moving much faster than expectations, as Prime Minister Shaukat Aziz on Tuesday said tat the national budget for 2007-08 would be passed by National Assembly on June 23, two days ahead of earlier announced date.
Published 20 Jun, 2007 12:00am
Indian soyaoil futures end mixed

Indian soyaoil futures end mixed

Indian soyaoil futures were mixed on Tuesday due to profit-taking and a dip in palm oil prices on the key Malaysian exchange. The June soyaoil futures on the National Commodity and Derivatives Exchange (NCDEX) were up 0.30 rupees at 483.40 rupees per 10 k
Published 20 Jun, 2007 12:00am
US copper lower

US copper lower

US copper futures settled easier on Monday after the market was unable to maintain a rally above key resistance levels, prompting investors to bank profits later in the day, dealers said.
Published 20 Jun, 2007 12:00am
US gold ends strong

US gold ends strong

US gold futures finished higher on Monday, racing up to their highest prices in 10 days as they tracked crude oil's rally to a 10-month high above $72 a barrel, traders said. Dollar weakness against the euro also kept gold prices supported.
Published 20 Jun, 2007 12:00am
Gold near one-week high

Gold near one-week high

Gold was little changed on Tuesday but stayed within sight of a one-week high hit the previous day, while Tokyo futures shrugged off a weak yen and dropped on profit taking. Spot gold hit an intrude high of $657.10 before slipping to $656.60/658.10 an oun
Published 20 Jun, 2007 12:00am
Malaysian tin falls

Malaysian tin falls

Malaysian tin fell 0.4 percent on Tuesday due to a technical correction over London Metal Exchange prices but losses were limited by strong Japanese demand, one dealer said.
Published 20 Jun, 2007 12:00am
CBOT rice ends firm

CBOT rice ends firm

Rough rice futures on the Chicago Board of Trade ended higher on Monday, rebounding from a weak start with both moves driven by speculative interests amid little news, traders said. "We were on the defensive from speculative selling in the November. When
Published 20 Jun, 2007 12:00am
Oil firm above $72

Oil firm above $72

Oil prices ticked lower but held firm near 10-month highs on Tuesday after a general strike threat by Nigerian unions and further violence in the delta helped extend the market's gains to a fourth session. London benchmark Brent crude edged 10 cents lower
Published 20 Jun, 2007 12:00am
Missiles slam Wana militant camp: 32 killed

Missiles slam Wana militant camp: 32 killed

A missile attack, possibly launched by US forces in Afghanistan, killed at least 32 pro-Taliban militants in a tribal region near the border on Tuesday, officials said.
Published 20 Jun, 2007 12:00am
Shanghai copper down

Shanghai copper down

Shanghai copper fell almost 2 percent on Tuesday as investors cashed in positions after London futures failed to sustain a rally above $7,600 a tonne in the previous session. The most-active September copper contract on the Shanghai Futures Exchange fell
Published 20 Jun, 2007 12:00am
Missiles slam Wana militant camp: 32 killed

Missiles slam Wana militant camp: 32 killed

A missile attack, possibly launched by US forces in Afghanistan, killed at least 32 pro-Taliban militants in a tribal region near the border on Tuesday, officials said.
Published 20 Jun, 2007 12:00am
Indonesia palm oil eases

Indonesia palm oil eases

Indonesian palm oil prices fell on Tuesday in line with losses in Malaysia and as Jakarta's decision to raise palm oil export taxes sapped trading interest. In North Sumatra's Medan, the leading port for palm oil exports, crude palm oil sold at 6,800 rupi
Published 20 Jun, 2007 12:00am
New York sugar closes at two-week peak

New York sugar closes at two-week peak

Raw sugar futures settled at a two-week high on Monday on sustained speculative and trade buying, although bearish fundamentals may keep a lid on the advance in the weeks ahead, brokers said. The New York Board of Trade's key July raw sugar contract jumpe
Published 20 Jun, 2007 12:00am
Soyabeans soar amid weather jitters

Soyabeans soar amid weather jitters

Soyabean futures at the Chicago Board of Trade closed higher on Monday on continued speculative buying from commodity funds amid weather worries, strength in the edible oil markets and higher crude oil prices, traders said.
Published 20 Jun, 2007 12:00am
Australian wheat crop seen doubling

Australian wheat crop seen doubling

Australia forecast on Tuesday its wheat output in the year to March 2008 would more than double to 22.5 million tonnes as rains relieved the nation's worst drought in 100 years, sending US prices down on emerging competition.
Published 20 Jun, 2007 12:00am
Malaysian palm oil dips

Malaysian palm oil dips

Malaysian crude palm oil futures ended 0.9 percent lower on Tuesday as players booked profits a day after the market surged on Indonesia's decision to raiise export taxes for palm oil. Dealers said prices were further undermined by rising concerns over a
Published 20 Jun, 2007 12:00am
Iran delays gasoline rationing for another month

Iran delays gasoline rationing for another month

Iran will delay for another month a plan to ration the sale of subsidised gasoline in the oil-rich country, a lawmaker was quoted as saying on Tuesday after meeting a senior Oil Ministry official.
Published 20 Jun, 2007 12:00am
Iran's Money Council approves interest rate cuts

Iran's Money Council approves interest rate cuts

Iran's Money and Credit Council has approved a move to cut bank lending rates by up to four percentage points, Iranian media said on Tuesday, despite concern it will further stoke inflation and hurt private banks.
Published 20 Jun, 2007 12:00am
US housing starts slip, permits up

US housing starts slip, permits up

US home construction fell last month for the first time since January, as builders struggled with a glut of unsold homes, but permits for future construction rose, offering mixed signals on the housing outlook.
Published 20 Jun, 2007 12:00am
Trade powers launch new WTO push, US hopeful

Trade powers launch new WTO push, US hopeful

Trade powers launched an eleventh hour effort to rescue global trade talks on Tuesday and the United States said it was hopeful of progress. "Everyone seems focused, which is a good sign," said Sean Spicer, a spokesman for US Trade Representative Susan Sc
Published 20 Jun, 2007 12:00am
German investor morale falls

German investor morale falls

German investor sentiment unexpectedly worsened in June, soured by fears of an impending loss of momentum in Europe's largest economy. The ZEW economic think tank said on Tuesday its economic sentiment indicator, based on a survey of 293 analysts and inst
Published 20 Jun, 2007 12:00am
Boeing wins $8.8 billion order; Airbus upbeat

Boeing wins $8.8 billion order; Airbus upbeat

Boeing won a deal to supply more than 60 planes worth $8.8 billion to leasing firm ILFC on Tuesday, in a fresh sign of buoyant demand for its hot-selling 787 Dreamliner aircraft.
Published 20 Jun, 2007 12:00am
Sarkozy names first woman to run French economy

Sarkozy names first woman to run French economy

President Nicolas Sarkozy reshuffled his cabinet on Tuesday after losing a key minister in a parliamentary election and made former international lawyer Christine Lagarde France's first female economy minister.
Published 20 Jun, 2007 12:00am
EU judge slams increases in cartel fines

EU judge slams increases in cartel fines

A top European Union judge has criticised the European Commission for sharp increases in fines against companies involved in cartels, saying higher penalties may add to the pain for consumers by pushing up prices.
Published 20 Jun, 2007 12:00am
White House budget chief Portman resigns

White House budget chief Portman resigns

White House budget chief Rob Portman has resigned after holding office for little more than a year to spend more time with his family, a senior administration official said Tuesday. Portman was appointed to be one of President George W. Bush's top number-
Published 20 Jun, 2007 12:00am
Bosnia's Serb Republic near to power plant deal

Bosnia's Serb Republic near to power plant deal

Serbia and Bosnia's Serb Republic are close to sealing a big energy sector deal, the Serb Republic's Prime Minister said on Tuesday, hinting at more politically-motivated cooperation between the two nations.
Published 20 Jun, 2007 12:00am
Trade in cat and dog fur may be banned in 2009

Trade in cat and dog fur may be banned in 2009

Trading in cat and dog fur may be banned in the European Union from the end of 2008 after a vote at the European parliament on Tuesday. The European Commission, the EU executive, first proposed an EU-wide ban last year, citing evidence cat and dog fur was
Published 20 Jun, 2007 12:00am
'Wine for drinking not investment'

'Wine for drinking not investment'

A top maker of classified French Bordeaux wines is worried that new money pouring into the wine market could turn fine bottles into collectors' items bought for investment rather than to drink.
Published 20 Jun, 2007 12:00am
Irish beef farmers seek to make Brazil meet imports harder

Irish beef farmers seek to make Brazil meet imports harder

Ireland's beef farmers, who fear they will be big losers if global trade talks finally succeed, have launched a campaign to make it harder for powerful Brazilian rivals to sell their meat in Europe.
Published 20 Jun, 2007 12:00am
Germany wants code of conduct for energy disputes

Germany wants code of conduct for energy disputes

Germany wants to set up a formal dialogue and code of conduct for handling energy crises during the second half of its presidency of the Group of Eight (G8) industrialised nations, a senior German official said.
Published 20 Jun, 2007 12:00am
Vietnam to use only low sulphur diesel for vehicles

Vietnam to use only low sulphur diesel for vehicles

Vietnam's Trade Ministry has ordered oil product importers to sell only 0.05 percent sulphur diesel to road vehicles from July 1, but will still allow industrial use of 0.25 percent fuel, state media said on Tuesday.
Published 20 Jun, 2007 12:00am
Economists raise Singapore growth forecast

Economists raise Singapore growth forecast

Economists surveyed by Singapore's de facto central bank have revised upwards their yearly growth forecast for the city-state. The median forecast for 2007 gross domestic product growth has been raised to 6.0 percent from 5.4 percent, the Monetary Authori
Published 20 Jun, 2007 12:00am
India's airline industry faces more consolidation

India's airline industry faces more consolidation

India's booming airline industry will see further consolidation by 2010 amid growing competition, rising costs and over-capacity along key routes, an industry body said last week. At least fourteen new airlines such as Easy Air, Trans India and Star Air a
Published 20 Jun, 2007 12:00am
Greenpeace targets UK airports in heated CO2 debate

Greenpeace targets UK airports in heated CO2 debate

The war of words over aviation's impact on the climate heated up this week, as Greenpeace campaigners handed out free train tickets to UK air travellers while pilots urged them to stop feeling guilty. Environmentalists are targeting domestic plane journey
Published 20 Jun, 2007 12:00am
EU expert Barnier set to defend French farmers

EU expert Barnier set to defend French farmers

New French farms minister Michel Barnier said on Tuesday his experience as a European Commissioner could help him defend the interests of French farmers within the EU and on a global level.
Published 20 Jun, 2007 12:00am
Dutch to cut equity stake disclosure trigger to three percent

Dutch to cut equity stake disclosure trigger to three percent

The Dutch government is going to tighten its system of corporate governance and lower the threshold for the filing of shareholdings in Dutch companies, the Finance Ministry said on Tuesday. The first threshold for stakes that have to be reported with the
Published 20 Jun, 2007 12:00am
Best Buy quarterly profit disappoints

Best Buy quarterly profit disappoints

Best Buy Co Inc on Tuesday reported quarterly earnings that missed analysts' estimates by 28 percent and gave a disappointing full-year forecast as lower-margin products like notebook computers and video game consoles made up a greater percentage of sales
Published 20 Jun, 2007 12:00am
Best Buy quarterly profit disappoints

Best Buy quarterly profit disappoints

Best Buy Co Inc on Tuesday reported quarterly earnings that missed analysts' estimates by 28 percent and gave a disappointing full-year forecast as lower-margin products like notebook computers and video game consoles made up a greater percentage of sales
Published 20 Jun, 2007 12:00am
Seoul shares weaken

Seoul shares weaken

Seoul shares end flat on Tuesday, losing momentum after hitting earlier a fourth consecutive record high, as investors booked profits in outperformers such as Daewoo Securities.
Published 20 Jun, 2007 12:00am
Malaysian shares slightly firmer

Malaysian shares slightly firmer

Malaysian share prices closed 0.33 percent higher on Tuesday in line with regional markets, with the benchmark index setting a new record high, dealers said. The continued advance of regional bourses fuelled extended buying interest locally, but gains wer
Published 20 Jun, 2007 12:00am
Thai shares decline

Thai shares decline

Thai share prices closed 0.32 percent lower on Tuesday, as new corruption charges against ousted premier Thaksin Shinawatra triggered concerns of stronger anti-junta protests, dealers said. They said profit-taking mainly in heavyweight energy stocks also
Published 20 Jun, 2007 12:00am
US stocks finish lower

US stocks finish lower

US stocks slipped on Monday as oil climbed towards a 10-month high near $70 a barrel, taking a toll on energy-dependent sectors, while more worrisome data from the housing sector weighed on home builders.
Published 20 Jun, 2007 12:00am
Indian shares recover

Indian shares recover

Indian share prices recovered 1.53 percent on Tuesday led by banking stocks after lender ICICI Bank's record share sale was fully subscribed on its first day, dealers said. They said funds bought into capital goods and automobile stocks too.
Published 20 Jun, 2007 12:00am
US Treasury prices rise

US Treasury prices rise

US government debt prices rose on Monday posting a second straight session of gains for the first time in a month after surprisingly stark signs of further deterioration in the housing market.
Published 20 Jun, 2007 12:00am
US Treasury prices rise

US Treasury prices rise

US government debt prices rose on Monday posting a second straight session of gains for the first time in a month after surprisingly stark signs of further deterioration in the housing market.
Published 20 Jun, 2007 12:00am
Philippines shares slip

Philippines shares slip

Philippines share prices closed 0.36 percent lower on Tuesday as investors took profits after a three-day rally that took the market to record highs, dealers said. The downturn on Wall Street overnight also helped bring down the market, they said.
Published 20 Jun, 2007 12:00am
Jakarta shares jump

Jakarta shares jump

Indonesian share prices closed up 0.74 percent on Tuesday led by gains in coal miners, with the main index again posting a new record finish, dealers said. They said strong global demand for coal and firm prices are helping underpin interest in the miners
Published 20 Jun, 2007 12:00am
Singapore shares end at another record high

Singapore shares end at another record high

Singapore share prices closed at a fresh record peak for the third straight trading session Tuesday on buying in select blue chip stocks, dealers said. Follow-through buying in offshore and marine-related (OM) stocks on expectations of continued strong de
Published 20 Jun, 2007 12:00am
Tokyo stocks close near four-month high

Tokyo stocks close near four-month high

The Nikkei average eked out a 0.08 percent gain to end at its highest in nearly four months on Tuesday as Daiichi Sankyo Co Ltd and Nikon Corp rose on brokerage upgrades, but shipping and airline stocks fell on worries about higher fuel costs.
Published 20 Jun, 2007 12:00am
New Zealand shares soar

New Zealand shares soar

New Zealand share prices rose 0.16 percent on Tuesday, as the focus of investors remained on potential take-over target Auckland International Airport, dealers said. Auckland Airport shares rose 12 cents to 3.32 dollars, adding to Monday's 38 percent jump
Published 20 Jun, 2007 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 68.90/69.03 (previous 68.88/69.15). Call Money Rates: 6.50-10.00 percent (previous 6.50-11.00 percent.
Published 20 Jun, 2007 12:00am
South Korea won hits nine-and-a-half high

South Korea won hits nine-and-a-half high

The South Korean won touched a fresh nine-and-a-half year peak against the yen and its highest versus the dollar in almost two weeks on Tuesday, as won demand from exporters forced investors to clear dollar-long positions.
Published 20 Jun, 2007 12:00am
Yuan ends at new high versus dollar

Yuan ends at new high versus dollar

China's yuan closed sharply higher against the dollar on Tuesday and at its strongest since its 2005 revaluation, after the central bank set a record high mid-point rate for a fifth consecutive session.
Published 20 Jun, 2007 12:00am
Yen slides to record low against euro

Yen slides to record low against euro

The yen hit a record low versus the euro on Tuesday and was stuck near a 4-1/2-year trough against the dollar as investors kept favouring carry trades funded with the low-yielding Japanese currency.
Published 20 Jun, 2007 12:00am
Dollar dips versus euro

Dollar dips versus euro

The yen fell to a lifetime low against the euro on Monday and hit a four-and-a-half-year trough against the dollar on a growing view that Japanese interest-rate rises will be outpaced by other central banks.
Published 20 Jun, 2007 12:00am
Australian dollar inches up

Australian dollar inches up

The Australian dollar nudged up against the US dollar on Tuesday, drawing support from carry trades as investors continued to be attracted to higher-yielding currencies. The Aussie also hovered near 16-year highs against the Japanese yen, which has taken
Published 20 Jun, 2007 12:00am
Asian currencies: rupiah and peso in demand

Asian currencies: rupiah and peso in demand

The Indonesian rupiah hit its highest level in nearly two weeks on Tuesday as investors bought back riskier, high-yielding currencies, with the Philippine peso also in demand and China's yuan hitting a post-revaluation high.
Published 20 Jun, 2007 12:00am
Swiss franc hovers near nine-year low

Swiss franc hovers near nine-year low

The Swiss franc hovered close a nine-year low against the euro but was up against the dollar after an overnight slide in benchmark US Treasury yields weakened the US currency.
Published 20 Jun, 2007 12:00am
Real Madrid losing senior players: Carlos

Real Madrid losing senior players: Carlos

Real Madrid are losing their experienced players and will end up with just youngsters, Brazilian Roberto Carlos said on Tuesday as he joined Fenerbahce.
Published 20 Jun, 2007 12:00am
Hollioake joins Essex for Twenty20 Cup

Hollioake joins Essex for Twenty20 Cup

Former England one-day captain Adam Hollioake is to play in this season's English domestic Twenty20 Cup for Essex, the county announced Tuesday. Seam-bowling all-rounder Hollioake, 35, formerly with Surrey, will play for the Essex Eagles during the 20-ove
Published 20 Jun, 2007 12:00am
India banking on experience to deliver goods

India banking on experience to deliver goods

India leave for a gruelling tour of England and Ireland on Wednesday with captain Rahul Dravid banking on the experience of his batting line-up to deliver the goods. "We have experience in the batting department, I am sure that is going to fire," Dravid t
Published 20 Jun, 2007 12:00am
Harmison to undergo hernia operation

Harmison to undergo hernia operation

England fast bowler Steve Harmison is set to undergo a hernia operation, though team management are yet to decide when he will have the surgery. The 28-year-old, who is playing in the fourth and final test against West Indies, was expected to turn out for
Published 20 Jun, 2007 12:00am
Tiger Woods wife gives birth to first child

Tiger Woods wife gives birth to first child

Golfing great Tiger Woods wife Elin has given birth to their first child, Woods said in a statement on his Web site on Tuesday. "Elin and I are delighted to announce the birth of our daughter, Sam Alexis Woods. Sam was born early on Monday morning, June 1
Published 20 Jun, 2007 12:00am
2010 World Cup host faces transport challenge

2010 World Cup host faces transport challenge

FIFA president Sepp Blatter says South Africa still faces challenges around transport and hotel accommodation for its hosting of the 2010 World Cup finals.
Published 20 Jun, 2007 12:00am
Panesar spins England to win over West Indies

Panesar spins England to win over West Indies

Monty Panesar took five wickets, including marathon man Shivnarine Chanderpaul, as England completed a 3-0 series victory against the West Indies with a seven-wicket win in the fourth and final Test at Riverside here Tuesday.
Published 20 Jun, 2007 12:00am
Punish clients of prostitutes: Vatican

Punish clients of prostitutes: Vatican

The Vatican urged nations on Tuesday to pass laws to curb the "modern slavery" of prostitution to protect women from violence and punish clients. A new document said the exploitation of women stemmed from activities including human trafficking and sex tou
Published 20 Jun, 2007 12:00am
Previous Day