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Print - 2007-10-21
14 hurt in sniper firing: violent protests continue

14 hurt in sniper firing: violent protests continue

City remained tense on the second day of mourning for those killed in the bomb blasts in welcome procession of Pakistan Peoples Party Chairperson Benazir Bhutto on Thursday night. Meanwhile, attendance in offices and other establishments was this as publi
Published 21 Oct, 2007 12:00am
CBoT rice gains

CBoT rice gains

The Chicago Board of Trade rough rice market closed on higher Friday on follow-through technical strength, supported by the rally in wheat and steady export business given the sliding dollar, traders said. November rice closed 10 cents higher at $11.65 pe
Published 21 Oct, 2007 12:00am
Tocom rubber up

Tocom rubber up

Tokyo rubber futures rose a touch on Friday with support from firm oil prices, but a stronger Japanese yen kept them under pressure. The benchmark rubber contract on the Tokyo Commodity Exchange for March delivery rose 0.6 yen to settle at 282.6 yen ($2.4
Published 21 Oct, 2007 12:00am
New York sugar higher

New York sugar higher

Raw sugar futures finished higher on Friday on speculative fund buying partly inspired by a robust advance in crude oil prices to record highs, but a further rise may stall due to ample stocks, brokers said. ICE Futures actively-traded March electronic su
Published 21 Oct, 2007 12:00am
New York cocoa futures slip

New York cocoa futures slip

US cocoa futures crept lower in quiet trade on Friday, pressured by large arrivals at the world's biggest grower, Ivory Coast, and two-sided speculative interest, traders said. "Specs were on either side with trade (as) sellers," one trader said.
Published 21 Oct, 2007 12:00am
New York coffee falls

New York coffee falls

ICE arabica coffee futures finished mildly weaker on Friday after an inside day of light speculative and origin selling as the market consolidated following the week's sharp fall, dealers said. "Rains came and people are just trying to assess whether it's
Published 21 Oct, 2007 12:00am
Australian wool market closes week on firm trend

Australian wool market closes week on firm trend

In a very strong week, the Australian wool market finished 3.9 percent higher, on average, at sales in Newcastle, Melbourne and Fremantle this week. The AWEX EMI rose by 41c (+4.3 percent), ending the week at 988c/kg.
Published 21 Oct, 2007 12:00am
Soybeans down as soyoil and crude oil dive

Soybeans down as soyoil and crude oil dive

Soybean futures at the Chicago Board of Trade closed lower Friday on spillover selling from soyoil and crude oil on profit-taking after rising to historic highs this week, traders said. "It was profit taking more than anything else - weaker oil, the weake
Published 21 Oct, 2007 12:00am
Indonesia sees no crude palm auctions

Indonesia sees no crude palm auctions

Indonesia did not hold palm oil auctions on Friday although neighbouring Malaysia hit a record high and the cooking oil market was quiet as some dealers were still on the Eid-ul-Fitr break. Both the state marketing centre in Jakarta and dealers in North S
Published 21 Oct, 2007 12:00am
US precious metals end flat

US precious metals end flat

Platinum futures in New York set a lifetime contract high on supply fears and gold contracts hit $770 an ounce early on Friday, but the precious metals erased initial gains to finish mostly flat as the dollar recovered and crude oil slid.
Published 21 Oct, 2007 12:00am
US copper crawls to firmer close

US copper crawls to firmer close

US copper futures eked out a slightly firmer close on Friday, pressured at the top of its range by a weaker tone on Wall Street and concerns about economic growth, traders and analysts said. Prices lacked direction, with investors reluctant to take on new
Published 21 Oct, 2007 12:00am
Shanghai copper

Shanghai copper

Shanghai copper eased on Friday following a 1.3 percent slide in London, as investors fretted about rising supplies and the repercussions for industrial metals demand from slowing economic growth. Shanghai's January copper contract, the most active, fell
Published 21 Oct, 2007 12:00am
Cotton prices up amid brisk activity

Cotton prices up amid brisk activity

Prices depicted rising trend in the cotton market on Saturday despite the fact that the arrival figure is showing rosy picture about the crop production, dealers said. In the meantime, the Karachi Cotton Association (KCA) official spot rate was unchanged
Published 21 Oct, 2007 12:00am
Grain market closed

Grain market closed

No business was seen at the local grain markets and the Grain and Seed Merchant Group did not issue its release on Saturday. Markets remained almost closed since Friday due to the tragic incident of bomb blast and mourning thereafter.
Published 21 Oct, 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 21 Oct, 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 21 Oct, 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 (October 20, 2007).

Published 21 Oct, 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 (October 20, 2007).

Published 21 Oct, 2007 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 Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (October 20, 2007).
Published 21 Oct, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday October 22, 2007

Published 21 Oct, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday October 22, 2007

Published 21 Oct, 2007 12:00am
24 food items dearer by double-digit

24 food items dearer by double-digit

The SPI-based inflation has gone up to 11.86 percent on week ending October 18 over the same period of last year, with 13.88 percent dearness for low income groups. The data on weekly SPI released by the Federal Bureau of Statistics depicts vulnerability
Published 21 Oct, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday October 22, 2007

Published 21 Oct, 2007 12:00am
24 food items dearer by double-digit

24 food items dearer by double-digit

The SPI-based inflation has gone up to 11.86 percent on week ending October 18 over the same period of last year, with 13.88 percent dearness for low income groups. The data on weekly SPI released by the Federal Bureau of Statistics depicts vulnerability
Published 21 Oct, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (October 20, 2007) and for Sunday (October 21, 2007).
Published 21 Oct, 2007 12:00am
24 food items dearer by double-digit

24 food items dearer by double-digit

The SPI-based inflation has gone up to 11.86 percent on week ending October 18 over the same period of last year, with 13.88 percent dearness for low income groups. The data on weekly SPI released by the Federal Bureau of Statistics depicts vulnerability
Published 21 Oct, 2007 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Ecnec likely to approve first nuclear fuel enrichment plant

Ecnec likely to approve first nuclear fuel enrichment plant

The government is expected to give final approval to a landmark project for establishing first 'Nuclear Fuel Enrichment Plant' (NFEP), aimed at indigenously enriching nuclear fuel to reduce the country's dependency on imports, sources told Business Rec
Published 21 Oct, 2007 12:00am
THE RUPEE: euro up 77 paisa in open market

THE RUPEE: euro up 77 paisa in open market

The rupee was lower bt 77 paisa in terms of euro and two paisa versus dollar in open market, while firmness prevailed in the interbank market dealings on Saturday. The rupee did not show any change in iner-bank against dollar for buying and selling at Rs
Published 21 Oct, 2007 12:00am
Ecnec likely to approve first nuclear fuel enrichment plant

Ecnec likely to approve first nuclear fuel enrichment plant

The government is expected to give final approval to a landmark project for establishing first 'Nuclear Fuel Enrichment Plant' (NFEP), aimed at indigenously enriching nuclear fuel to reduce the country's dependency on imports, sources told Business Rec
Published 21 Oct, 2007 12:00am
THE RUPEE: euro up 77 paisa in open market

THE RUPEE: euro up 77 paisa in open market

The rupee was lower bt 77 paisa in terms of euro and two paisa versus dollar in open market, while firmness prevailed in the interbank market dealings on Saturday. The rupee did not show any change in iner-bank against dollar for buying and selling at Rs
Published 21 Oct, 2007 12:00am
Ecnec likely to approve first nuclear fuel enrichment plant

Ecnec likely to approve first nuclear fuel enrichment plant

The government is expected to give final approval to a landmark project for establishing first ''Nuclear Fuel Enrichment Plant'' (NFEP), aimed at indigenously enriching nuclear fuel to reduce the country''s dependency on imports, sources told Business
Published 21 Oct, 2007 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Saudi Arabia putting pressure on Musharraf to let Nawaz return

Saudi Arabia putting pressure on Musharraf to let Nawaz return

There is speculation that President General Pervez Musharraf might share power with Benazir Bhutto after the elections. But there is opposition to any partnership from within the ruling Pakistan Muslim League, a collection of politicians who Musharraf pul
Published 21 Oct, 2007 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Saudi Arabia putting pressure on Musharraf to let Nawaz return

Saudi Arabia putting pressure on Musharraf to let Nawaz return

There is speculation that President General Pervez Musharraf might share power with Benazir Bhutto after the elections. But there is opposition to any partnership from within the ruling Pakistan Muslim League, a collection of politicians who Musharraf pul
Published 21 Oct, 2007 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Region must tackle terrorism: Karzai

Region must tackle terrorism: Karzai

Afghanistan and its neighbours must launch a regional campaign against terrorism in order to make the most of their natural resources and develop trade, President Hamid Karzai said on Saturday. Karzai was addressing the final session of a conference of th
Published 21 Oct, 2007 12:00am
Pak-Afghan peace jirga after elections: Kasuri

Pak-Afghan peace jirga after elections: Kasuri

Foreign Minister Khurshid Mehmood Kasuri has said that the next Pak-Afghan peace jirga will be held in Pakistan after the general elections. He was talking to Afghan President Hamid Karzai during a meeting with him in Herat, Afghanistan on Saturday.
Published 21 Oct, 2007 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Pak-Afghan peace jirga after elections: Kasuri

Pak-Afghan peace jirga after elections: Kasuri

Foreign Minister Khurshid Mehmood Kasuri has said that the next Pak-Afghan peace jirga will be held in Pakistan after the general elections. He was talking to Afghan President Hamid Karzai during a meeting with him in Herat, Afghanistan on Saturday.
Published 21 Oct, 2007 12:00am
Saarc states agree to crush terrorism

Saarc states agree to crush terrorism

The Saarc countries have agreed to take effective steps to stop terrorism, financing to terrorists by smugglers of narcotics and to establish effective system for information sharing. This was decided in the first meeting of focal points monitoring desk a
Published 21 Oct, 2007 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
Plan for local government system in Northern Areas approved

Plan for local government system in Northern Areas approved

President Pervez Musharraf has approved a plan to establish local government (LG) system in Northern Areas and a framework order will be issued soon, reported a private TV channel. This was decided in a meeting chaired by the President on Saturday.
Published 21 Oct, 2007 12:00am
14 hurt in sniper firing: violent protests continue

14 hurt in sniper firing: violent protests continue

City remained tense on the second day of mourning for those killed in the bomb blasts in welcome procession of Pakistan Peoples Party Chairperson Benazir Bhutto on Thursday night. Meanwhile, attendance in offices and other establishments was this as publi
Published 21 Oct, 2007 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2007).

Published 21 Oct, 2007 12:00am
'Garment sector can provide millions of jobs to women'

'Garment sector can provide millions of jobs to women'

Pakistan's under utilised garment sector has the potential to provide millions of jobs to women and bring about a socio-economic change in the country, Secretary Textiles Zafar Mahmood told Business Recorder here on Saturday.
Published 21 Oct, 2007 12:00am
ECB needs to remain vigilant on inflation: Trichet

ECB needs to remain vigilant on inflation: Trichet

European Central Bank President Jean-Claude Trichet on Friday said the ECB needed to remain vigilant in combating inflation, warning of upward pressures from rising energy costs.
Published 21 Oct, 2007 12:00am
Gulf Bank to focus on Kuwait, third quarter profit jumps

Gulf Bank to focus on Kuwait, third quarter profit jumps

Kuwait's Gulf Bank said on Saturday it would focus on retail and corporate banking at home and ruled out following regional rivals' foreign expansion plans for now as its third-quarter profit surged.
Published 21 Oct, 2007 12:00am
Gulf Bank to focus on Kuwait, third quarter profit jumps

Gulf Bank to focus on Kuwait, third quarter profit jumps

Kuwait's Gulf Bank said on Saturday it would focus on retail and corporate banking at home and ruled out following regional rivals' foreign expansion plans for now as its third-quarter profit surged.
Published 21 Oct, 2007 12:00am
Japan distances itself from sovereign fund idea

Japan distances itself from sovereign fund idea

The way Japan manages its foreign reserves should have a neutral impact on financial markets so it is not desirable to manage them aggressively, a Japanese official said late on Friday, playing down the idea of creating a sovereign wealth fund.
Published 21 Oct, 2007 12:00am
Japan distances itself from sovereign fund idea

Japan distances itself from sovereign fund idea

The way Japan manages its foreign reserves should have a neutral impact on financial markets so it is not desirable to manage them aggressively, a Japanese official said late on Friday, playing down the idea of creating a sovereign wealth fund.
Published 21 Oct, 2007 12:00am
Pakistan and India finalise across LoC trade list

Pakistan and India finalise across LoC trade list

Pakistan and India have almost finalised the list of goods to be traded across the Line of Control (LoC) in disputed Kashmir. Indian Express reported that India had proposed 14 items for export, of which Pakistan had cancelled five--leather and leather pr
Published 21 Oct, 2007 12:00am
Pakistan and India finalise across LoC trade list

Pakistan and India finalise across LoC trade list

Pakistan and India have almost finalised the list of goods to be traded across the Line of Control (LoC) in disputed Kashmir. Indian Express reported that India had proposed 14 items for export, of which Pakistan had cancelled five--leather and leather pr
Published 21 Oct, 2007 12:00am
Pakistan and India finalise across LoC trade list

Pakistan and India finalise across LoC trade list

Pakistan and India have almost finalised the list of goods to be traded across the Line of Control (LoC) in disputed Kashmir. Indian Express reported that India had proposed 14 items for export, of which Pakistan had cancelled five--leather and leather pr
Published 21 Oct, 2007 12:00am
Anti-globalisation demonstration erupts in Washington

Anti-globalisation demonstration erupts in Washington

An anti-globalisation march in the streets of Washington turned violent, with shop windows smashed as crowds protested on the eve of Saturday's International Monetary Fund and World Bank meetings, reports said.
Published 21 Oct, 2007 12:00am
Anti-globalisation demonstration erupts in Washington

Anti-globalisation demonstration erupts in Washington

An anti-globalisation march in the streets of Washington turned violent, with shop windows smashed as crowds protested on the eve of Saturday's International Monetary Fund and World Bank meetings, reports said.
Published 21 Oct, 2007 12:00am
AEDB to set up 18 megawatts wind farm in Gharo

AEDB to set up 18 megawatts wind farm in Gharo

Alternate Energy Development Board (AEDB), Sindh will set up an 18 Mega Watt wind farm for power generation through wind in Gharo at an estimated cost of 14.18 million dollar, Business Recorder learnt here on Saturday.
Published 21 Oct, 2007 12:00am
AEDB to set up 18 megawatts wind farm in Gharo

AEDB to set up 18 megawatts wind farm in Gharo

Alternate Energy Development Board (AEDB), Sindh will set up an 18 Mega Watt wind farm for power generation through wind in Gharo at an estimated cost of 14.18 million dollar, Business Recorder learnt here on Saturday.
Published 21 Oct, 2007 12:00am
AEDB to set up 18 megawatts wind farm in Gharo

AEDB to set up 18 megawatts wind farm in Gharo

Alternate Energy Development Board (AEDB), Sindh will set up an 18 Mega Watt wind farm for power generation through wind in Gharo at an estimated cost of 14.18 million dollar, Business Recorder learnt here on Saturday.
Published 21 Oct, 2007 12:00am
G7 leaders endorse supervisory reform agenda

G7 leaders endorse supervisory reform agenda

G7 finance leaders endorsed a broad reform agenda for the financial sector in the wake of the subprime crisis on Friday that called on banks to improve stress-testing and fortify access to funding in times of trouble.
Published 21 Oct, 2007 12:00am
'Promoting agriculture is imperative for meeting MDG'

'Promoting agriculture is imperative for meeting MDG'

World development report has warned that global food supplies are under pressure from expanding demand for food, feed, and biofuels; the rising price of energy; and increasing land and water scarcity; as well as the effects of climate change. This in turn
Published 21 Oct, 2007 12:00am
Work on Marble City project to start shortly

Work on Marble City project to start shortly

The NWFP Governor Lieutenant General Ali Muhammad Jan Aurakzai (Retd) has said that practical work on the establishment of Marble City, the first-ever project of its nature in Fata will be taken in hand shortly, which, he added had a great potential to ge
Published 21 Oct, 2007 12:00am
'Pak-India business visa policy talks in progress'

'Pak-India business visa policy talks in progress'

New business visa agreement talks between Pakistan and India are in progress to help mitigate visa-related problems being faced by businessmen from both sides. Indian Deputy High Commissioner Manpreet Vohra told Lahore Chamber of Commerce and Industry mem
Published 21 Oct, 2007 12:00am
Sugarcane price fixed at Rs 67 per 40kg

Sugarcane price fixed at Rs 67 per 40kg

Sindh Chief Minister Arbab Ghulam Rahim has fixed the official price of per 40 kilogram sugarcane at Rs 67 for the current crushing season. According to a handout, Pakistan Sugar Mills Association had requested the federal and provincial governments that
Published 21 Oct, 2007 12:00am
Income tax returns date extended to October 31

Income tax returns date extended to October 31

In view of a number of representations received from trade bodies of Karachi and other parts of the country, the government has further extended the date for filing income tax returns to October 30, 2007.
Published 21 Oct, 2007 12:00am
Income tax returns date extended to October 31

Income tax returns date extended to October 31

In view of a number of representations received from trade bodies of Karachi and other parts of the country, the government has further extended the date for filing income tax returns to October 30, 2007.
Published 21 Oct, 2007 12:00am
Lacuna in sales tax act: many firms put on defaulters'' list

Lacuna in sales tax act: many firms put on defaulters'' list

Out of the total defaulters of taxes, notified by the Sales Tax Department in its list, only 10 percent are considered actual defaulters, sources in the Collectorate of Sales Tax and Federal Excise said on Saturday.
Published 21 Oct, 2007 12:00am
Lacuna in sales tax act: many firms put on defaulters' list

Lacuna in sales tax act: many firms put on defaulters' list

Out of the total defaulters of taxes, notified by the Sales Tax Department in its list, only 10 percent are considered actual defaulters, sources in the Collectorate of Sales Tax and Federal Excise said on Saturday.
Published 21 Oct, 2007 12:00am
Lacuna in sales tax act: many firms put on defaulters' list

Lacuna in sales tax act: many firms put on defaulters' list

Out of the total defaulters of taxes, notified by the Sales Tax Department in its list, only 10 percent are considered actual defaulters, sources in the Collectorate of Sales Tax and Federal Excise said on Saturday.
Published 21 Oct, 2007 12:00am
General elections: Shaukat for foolproof security plans

General elections: Shaukat for foolproof security plans

Prime Minister Shaukat Aziz on Saturday directed police and law enforcement agencies to prepare comprehensive security plans for period before, during and after upcoming general elections, ensuring safety of political leaders and common people in the coun
Published 21 Oct, 2007 12:00am
General elections: Shaukat for foolproof security plans

General elections: Shaukat for foolproof security plans

Prime Minister Shaukat Aziz on Saturday directed police and law enforcement agencies to prepare comprehensive security plans for period before, during and after upcoming general elections, ensuring safety of political leaders and common people in the coun
Published 21 Oct, 2007 12:00am
Sugarcane price fixed at Rs 67 per 40kg

Sugarcane price fixed at Rs 67 per 40kg

Sindh Chief Minister Arbab Ghulam Rahim has fixed the official price of per 40 kilogram sugarcane at Rs 67 for the current crushing season. According to a handout, Pakistan Sugar Mills Association had requested the federal and provincial governments that
Published 21 Oct, 2007 12:00am
''Garment sector can provide millions of jobs to women''

''Garment sector can provide millions of jobs to women''

Pakistan''s under utilised garment sector has the potential to provide millions of jobs to women and bring about a socio-economic change in the country, Secretary Textiles Zafar Mahmood told Business Recorder here on Saturday.
Published 21 Oct, 2007 12:00am
Oil price volatility reflects credit uncertainty: Opec

Oil price volatility reflects credit uncertainty: Opec

Volatility in global oil prices reflects growing economic uncertainties in the wake of recent turmoil in credit and money markets, Opec said on Friday in a statement prepared for a meeting Saturday of IMF members.
Published 21 Oct, 2007 12:00am