AIRLINK 166.94 Decreased By ▼ -1.57 (-0.93%)
BOP 9.71 Decreased By ▼ -0.08 (-0.82%)
CNERGY 7.82 Decreased By ▼ -0.17 (-2.13%)
CPHL 88.87 Increased By ▲ 0.90 (1.02%)
FCCL 44.58 Increased By ▲ 0.65 (1.48%)
FFL 15.41 Decreased By ▼ -0.11 (-0.71%)
FLYNG 28.62 Increased By ▲ 0.68 (2.43%)
HUBC 139.39 Increased By ▲ 1.42 (1.03%)
HUMNL 12.07 Decreased By ▼ -0.30 (-2.43%)
KEL 4.20 Decreased By ▼ -0.04 (-0.94%)
KOSM 5.48 Decreased By ▼ -0.08 (-1.44%)
MLCF 67.46 Increased By ▲ 2.67 (4.12%)
OGDC 212.37 Increased By ▲ 0.68 (0.32%)
PACE 5.53 Decreased By ▼ -0.20 (-3.49%)
PAEL 44.31 Decreased By ▼ -0.71 (-1.58%)
PIAHCLA 16.80 Decreased By ▼ -0.29 (-1.7%)
PIBTL 9.37 Increased By ▲ 0.14 (1.52%)
POWER 14.28 Decreased By ▼ -0.17 (-1.18%)
PPL 164.05 Decreased By ▼ -2.35 (-1.41%)
PRL 29.41 Decreased By ▼ -1.24 (-4.05%)
PTC 21.30 Increased By ▲ 0.10 (0.47%)
SEARL 88.99 Decreased By ▼ -1.48 (-1.64%)
SSGC 40.49 Decreased By ▼ -0.56 (-1.36%)
SYM 14.64 Increased By ▲ 0.16 (1.1%)
TELE 7.17 Decreased By ▼ -0.22 (-2.98%)
TPLP 9.15 Decreased By ▼ -0.22 (-2.35%)
TRG 64.27 Decreased By ▼ -0.73 (-1.12%)
WAVESAPP 9.42 Decreased By ▼ -0.09 (-0.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
YOUW 3.65 Decreased By ▼ -0.07 (-1.88%)
AIRLINK 166.94 Decreased By ▼ -1.57 (-0.93%)
BOP 9.71 Decreased By ▼ -0.08 (-0.82%)
CNERGY 7.82 Decreased By ▼ -0.17 (-2.13%)
CPHL 88.87 Increased By ▲ 0.90 (1.02%)
FCCL 44.58 Increased By ▲ 0.65 (1.48%)
FFL 15.41 Decreased By ▼ -0.11 (-0.71%)
FLYNG 28.62 Increased By ▲ 0.68 (2.43%)
HUBC 139.39 Increased By ▲ 1.42 (1.03%)
HUMNL 12.07 Decreased By ▼ -0.30 (-2.43%)
KEL 4.20 Decreased By ▼ -0.04 (-0.94%)
KOSM 5.48 Decreased By ▼ -0.08 (-1.44%)
MLCF 67.46 Increased By ▲ 2.67 (4.12%)
OGDC 212.37 Increased By ▲ 0.68 (0.32%)
PACE 5.53 Decreased By ▼ -0.20 (-3.49%)
PAEL 44.31 Decreased By ▼ -0.71 (-1.58%)
PIAHCLA 16.80 Decreased By ▼ -0.29 (-1.7%)
PIBTL 9.37 Increased By ▲ 0.14 (1.52%)
POWER 14.28 Decreased By ▼ -0.17 (-1.18%)
PPL 164.05 Decreased By ▼ -2.35 (-1.41%)
PRL 29.41 Decreased By ▼ -1.24 (-4.05%)
PTC 21.30 Increased By ▲ 0.10 (0.47%)
SEARL 88.99 Decreased By ▼ -1.48 (-1.64%)
SSGC 40.49 Decreased By ▼ -0.56 (-1.36%)
SYM 14.64 Increased By ▲ 0.16 (1.1%)
TELE 7.17 Decreased By ▼ -0.22 (-2.98%)
TPLP 9.15 Decreased By ▼ -0.22 (-2.35%)
TRG 64.27 Decreased By ▼ -0.73 (-1.12%)
WAVESAPP 9.42 Decreased By ▼ -0.09 (-0.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
YOUW 3.65 Decreased By ▼ -0.07 (-1.88%)
BR100 12,327 Increased By 71.3 (0.58%)
BR30 36,803 Increased By 80.1 (0.22%)
KSE100 115,469 Increased By 449.5 (0.39%)
KSE30 35,563 Increased By 234.3 (0.66%)
Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-10-27
Shoaib in as India-bound ODI team announced

Shoaib in as India-bound ODI team announced

Pakistan announced a 16-man squad on Friday for the five-match one-day international series in India, with a recall for paceman Shoaib Akhtar. Pakistan will leave for India on November 1 and play the first match at Guwahati on November 5.
Published 27 Oct, 2007 12:00am
Swiss franc gains

Swiss franc gains

The Swiss franc gained against the dollar on Friday, amidst widespread dollar weakness as markets eyed a possible easing of credit costs in the United States. Negative news flow from the United States had strengthened expectations that the Federal Reserve
Published 27 Oct, 2007 12:00am
Youzhny reaches St Petersburg semis

Youzhny reaches St Petersburg semis

Russia's third seed Mikhail Youzhny reached the last four of the St Petersburg Open on Friday when German Philipp Kohlschreiber retired from their quarter-final after losing the first set 6-4. The seventh seed said he was feeling unwell.
Published 27 Oct, 2007 12:00am
'Sri Lanka ready for short-pitched attack'

'Sri Lanka ready for short-pitched attack'

Veteran Sri Lanka batsman Sanath Jayasuriya has told his younger team mates to ignore threats of a short-pitched barrage from Australia's pace attack during next month's two-test series. "Whenever we come to Australia these are the sort of things we hear,
Published 27 Oct, 2007 12:00am
Warne, Lara to light up Hong Kong Sixes

Warne, Lara to light up Hong Kong Sixes

Cricketing superstars and former rivals Shane Warne, Brian Lara and Glenn McGrath will team up this weekend, hoping to fire an all-star team to victory at the Hong Kong Sixes. The tournament, first held in 1992, produces frenetic cricket in which six-a-si
Published 27 Oct, 2007 12:00am
Davydenko fined

Davydenko fined

World number four Nikolay Davydenko has been fined $2,000 for not trying hard enough during his shock defeat by Croatian qualifier Marin Cilic at the St Petersburg Open on Thursday.
Published 27 Oct, 2007 12:00am
'Hargreaves fit to start for United'

'Hargreaves fit to start for United'

England midfielder Owen Hargreaves has recovered from the knee injury that has stalled his Manchester United career since his move from Bayern Munich in July, club manager Alex Ferguson said on Friday.
Published 27 Oct, 2007 12:00am
No special Australian security for Murali

No special Australian security for Murali

Cricket Australia on Friday denied introducing special security measures to protect Sri Lankan spinner Muttiah Muralitharan from crowds Down Under, saying existing measures would catch any offenders.
Published 27 Oct, 2007 12:00am
South Africa level series

South Africa level series

Brilliant half-centuries from Graeme Smith and Shaun Pollock helped South Africa win the fourth one-day international by seven wickets here on Friday to level the five-match series 2-2.
Published 27 Oct, 2007 12:00am
Nieminen moves into semis

Nieminen moves into semis

Unseeded Finn Jarkko Nieminen pulled off a 6-3 7-5 win over Chilean second seed Fernando Gonzalez on Friday to book a surprise place in the Swiss Indoors semi-finals.
Published 27 Oct, 2007 12:00am
Banks step in as Asian currencies reach for highs

Banks step in as Asian currencies reach for highs

The Singapore dollar, Korean won and Malaysian ringgit hit fresh 10-year highs on Friday after weak US data led to renewed selling of the dollar and spurred some Asian central banks to step into the market.
Published 27 Oct, 2007 12:00am
15 killed in violence across Sri Lanka

15 killed in violence across Sri Lanka

Fifteen people have died in fresh fighting as Sri Lankan troops stepped up attacks against Tamil Tiger rebels in the island's north, the defence ministry said on Friday. Six soldiers died in an accidental explosion in the northern district of Vavuniya on
Published 27 Oct, 2007 12:00am
Sonia Gandhi meets Hu and Wen

Sonia Gandhi meets Hu and Wen

India's ruling Congress party chief Sonia Gandhi met with China's top leaders Friday on a visit widely seen as a sign of improving relations between the world's two most populous nations.
Published 27 Oct, 2007 12:00am
Putin scraps with EU over energy and trade

Putin scraps with EU over energy and trade

President Vladimir Putin scrapped with European Union leaders on Friday over Brussels' plans to limit foreign investment in energy markets at a summit that achieved little on key sticking points.
Published 27 Oct, 2007 12:00am
Israeli air strikes kill five

Israeli air strikes kill five

Israeli air strikes and troops killed five Palestinian fighters in Gaza on Friday, as the Jewish state pressed its campaign to curb rocket fire after backing moves to cut power to the territory.
Published 27 Oct, 2007 12:00am
US sanctions will have no affect on Iran: Jalili

US sanctions will have no affect on Iran: Jalili

Iran's new chief nuclear negotiator Saeed Jalili on Friday brushed aside the latest US sanctions saying they would have no affect on the country's nuclear policies, the ISNA news agency reported.
Published 27 Oct, 2007 12:00am
US denies being on warpath with Iran

US denies being on warpath with Iran

The White House on Friday rejected any parallels between its Iran rhetoric and the run up to the Iraq invasion, adding it had not ruled out the use of force but was "very hopeful" of avoiding war.
Published 27 Oct, 2007 12:00am
US military chief sees expanding missions, big budgets

US military chief sees expanding missions, big budgets

US military spending must be sustained at least at current levels in the face of a decades long, generational war against extremists, the chairman of the Joint Chiefs of Staff said Thursday. Admiral Michael Mullen said the US military's missions are likel
Published 27 Oct, 2007 12:00am
Turkey sends troops to border, Iraq pushes diplomacy

Turkey sends troops to border, Iraq pushes diplomacy

Turkish helicopters and fighter jets pounded Kurdish rebel positions on Friday as diplomatic efforts began in Ankara to avert a major offensive against the guerrillas based in northern Iraq.
Published 27 Oct, 2007 12:00am
Malaysian shares climb

Malaysian shares climb

Malaysian share prices closed 1.5 percent higher on Friday to hit a fresh record high with investors increasingly convinced there will be an interest rate cut in the US, dealers said.
Published 27 Oct, 2007 12:00am
Turkish Tekfen in partnership talks

Turkish Tekfen in partnership talks

Turkish conglomerate Tekfen Holding, due to list on the stock market this year, is in talks with one or two multinationals over a strategic partnership for its agriculture industry, its CEO told Reuters on Thursday.
Published 27 Oct, 2007 12:00am
Sri Lanka seeks Rs 61.8 billion extra 2007 budget

Sri Lanka seeks Rs 61.8 billion extra 2007 budget

Sri Lanka's government is seeking an extra 61.8 billion rupees ($548.36 million) in 2007 budget funding mainly to cover salary, national security and subsidy expenditure, a document submitted to parliament showed on Tuesday.
Published 27 Oct, 2007 12:00am
Turkey sees increase in FDI, privatisations by 2009

Turkey sees increase in FDI, privatisations by 2009

Prime Minister Tayyip Erdogan said on Tuesday Turkey was set to see record foreign direct investment (FDI) this year and complete a raft of privatisations by 2009. "We received $20 billion in FDI in 2006. As of the end of 2007, we expect to receive $25 bi
Published 27 Oct, 2007 12:00am
Taiwan stocks jump

Taiwan stocks jump

Taiwan stocks rose 0.66 percent to a one-week closing high on Friday, paced by bellwether chip maker TSMC as its solid quarterly results fuelled optimism for a better technology sector outlook. The main TAIEX share index ended up 63.25 points at 9,631.51,
Published 27 Oct, 2007 12:00am
Thai shares jump

Thai shares jump

Thai share prices closed 0.13 percent higher on Friday, led by gains in energy stocks as world oil prices rose past 92 dollars per barrel to a new record on tension in the Middle East, dealers said. But they said buying sentiment fizzled out in the aftern
Published 27 Oct, 2007 12:00am
US stocks fall on earnings

US stocks fall on earnings

US stocks fell on Thursday after disappointing results from Comcast and engine maker Cummins fed worries about corporate profits, while fears of more credit losses hit financial shares. Economic reports on housing, manufacturing and employment painted a p
Published 27 Oct, 2007 12:00am
Indian shares at new record close

Indian shares at new record close

Indian share prices rose 2.52 percent to a new record close on Friday, as investors brushed off concerns of large fund outflows due to new rules limiting the anonymous buying of shares by foreign investors, dealers said. They said capital goods, metal and
Published 27 Oct, 2007 12:00am
US Treasury prices slip

US Treasury prices slip

US Treasury debt prices slipped on Thursday as stocks pared losses in a late rebound after a report quelled rumours that insurance giant American International Group would post a big investment write-down.
Published 27 Oct, 2007 12:00am
US Treasury prices slip

US Treasury prices slip

US Treasury debt prices slipped on Thursday as stocks pared losses in a late rebound after a report quelled rumours that insurance giant American International Group would post a big investment write-down.
Published 27 Oct, 2007 12:00am
Two main Darfur rebel groups will not attend talks

Two main Darfur rebel groups will not attend talks

Darfur's two main rebel groups will not attend UN-African Union mediated peace talks in Libya, their leaders said on Friday, dashing any chance of an immediate peace deal to end 4-1/2 years of war in western Sudan.
Published 27 Oct, 2007 12:00am
Singapore shares surge

Singapore shares surge

Singapore share prices closed 1.74 percent higher on Friday on gains in banks after strong earnings by banking giant DBS Group eased worries over the impact from the credit crunch, dealers said.
Published 27 Oct, 2007 12:00am
Tokyo stocks rally

Tokyo stocks rally

Japan's Nikkei average finished at the day's high on Friday, up 1.36 percent on a surge in blue chip stocks such as Honda Motor Co after good earnings results the day before.
Published 27 Oct, 2007 12:00am
Property shares led Hong Kong blue chips to record

Property shares led Hong Kong blue chips to record

Hong Kong blue chips jumped 1.8 percent on Friday, staying firmly above the key 30,000 level for the first time, with property stocks hitting records, stoked by a weak US dollar and speculation of a rate cut by the Federal Reserve, which meets next week.
Published 27 Oct, 2007 12:00am
Chinese stocks end mixed

Chinese stocks end mixed

Chinese stocks were mixed on Friday as the main index held technical support and blue chips, particularly banks and oil giant Sinopec, partially recovered after plunging on Thursday. The Shanghai Composite Index, which tumbled 4.80 percent on Thursday in
Published 27 Oct, 2007 12:00am
Yuan falls sharply despite mid-point, euro

Yuan falls sharply despite mid-point, euro

China's yuan fell sharply against the dollar on Friday, pushed down by outflows of funds despite a higher yuan mid-point set by the central bank and renewed weakness of the dollar against the euro. The Chinese currency closed at 7.4976, down from its clos
Published 27 Oct, 2007 12:00am
Dollar nears record low versus euro

Dollar nears record low versus euro

The dollar edged closer to an all-time low against the euro on Friday as poor US data on durable goods orders and new home sales the previous day reinforced expectations for a Federal Reserve rate cut next week.
Published 27 Oct, 2007 12:00am
Dollar near lifetime lows versus euro

Dollar near lifetime lows versus euro

The dollar fell near an all-time low against the euro on Thursday as investors debated the size of an expected Federal Reserve interest rate cut next week after soft economic data pointed to sluggish growth. Declining US stocks, used by investors as a bar
Published 27 Oct, 2007 12:00am
Australian dollar rides past 91 cents

Australian dollar rides past 91 cents

The Australian dollar rose past 91 US cents to its highest in over 23 years on Friday, boosted by expectations that domestic interest rates were headed up while the Federal Reserve was set to ease monetary policy next week.
Published 27 Oct, 2007 12:00am
Demarcation notified goths ordered around Karachi

Demarcation notified goths ordered around Karachi

Sindh Local Government Minister Muhmmed Hussain has asked Gothabad and Revenue authorities to conduct joint survey of notified Goths around Karachi to ascertain factual data of houses and their inhabitants.
Published 27 Oct, 2007 12:00am
Cocoa and coffee rise

Cocoa and coffee rise

US cocoa surged briefly to a 3-1/2-week peak amid thin dealings in early trade on Friday, while arabica futures crept higher with speculators playing both sides of the market, traders said. "There are a lot of inflation plays going on right now. A lot of
Published 27 Oct, 2007 12:00am
US MIDDAY: sugar soars

US MIDDAY: sugar soars

Raw sugar futures rose to a near three-month high in early trade on Friday, with firm buying interest triggered by record high crude oil prices, traders said. "Pre- (pit) opening we followed the crude oil market up. Some small stops got touched off before
Published 27 Oct, 2007 12:00am
US MIDDAY: wheat gains

US MIDDAY: wheat gains

Wheat futures on the Chicago Board of Trade climbed on Friday as crude oil soared to record highs and as the dollar fell sharply, traders said. The December contract on Thursday fell into and filled a 10-cent chart gap that was left on charts in early Sep
Published 27 Oct, 2007 12:00am
US MIDDAY: corn higher

US MIDDAY: corn higher

Chicago Board of Trade corn futures were higher midday Friday on technical buying spurred by a sliding dollar, strong export demand and ongoing fears about a cut in US corn plantings in the year ahead, traders said. "The long-term outlook looks positive b
Published 27 Oct, 2007 12:00am
US MIDDAY: soyabeans jump

US MIDDAY: soyabeans jump

Soyabean futures on the Chicago Board of Trade climbed about 10 to 11 cents per bushel early on Friday, tracking strength in soyabean oil, which hit a 32-year top in a spot contract of 41.55 cents per lb, traders said. The soy markets were boosted by stre
Published 27 Oct, 2007 12:00am
US MIDDAY: copper recovers

US MIDDAY: copper recovers

US copper futures extended a recovery from a midweek dip to 5-1/2-week lows on Friday morning on currency-based buying, as the dollar fell to a new low against the euro, raising the metal's appeal for non-US investors, traders and analysts said.
Published 27 Oct, 2007 12:00am
US MIDDAY: gold surges above $780

US MIDDAY: gold surges above $780

Gold futures in New York surged above $780 an ounce early on Friday as commodity funds and investors aggressively added positions amid a falling dollar and crude oil rally. Silver contracts also surged above $14 on pent-up demand and support from technica
Published 27 Oct, 2007 12:00am
Next census to be held in October 2008

Next census to be held in October 2008

National Assembly Standing Committee on Economic Affairs and Statistics was informed on Friday that the next population census would be conducted from October 10-30 next year. Rashed Akbar Khan, Member National Assembly and Chairman of the Committee was p
Published 27 Oct, 2007 12:00am
ADB selects six more Sindh towns for sanitation schemes

ADB selects six more Sindh towns for sanitation schemes

The Asian Development Bank (ADB) has selected six more towns of Sindh for water supply, sanitation, sewerage and solid waste management schemes. An ADB team arrived in the Khairpur town on Friday to conduct survey and feasibility.
Published 27 Oct, 2007 12:00am
422,000 kids to get anti-polio drops in Vehari

422,000 kids to get anti-polio drops in Vehari

As many as 422,000 children of five years age and under will be administered anti-polio drops in the three-day drive beginning October 30. Executive District Officer (Health) Dr Zulfikar Ali talking to APP here on Friday said that those children would be
Published 27 Oct, 2007 12:00am
A city of too many lights? or explosions

A city of too many lights? or explosions

Ismail is a die-hard supporter of the People's Party. His locality received sixteen bodies in his own Old Golimar neighbourhood, a traditional PPP bastion. Even he says that the Mohtarma should not have had such an extended procession. The hype began days
Published 27 Oct, 2007 12:00am
Elections

Elections

Since much is talked about elections these days I guess it is the right time we put some terminologies in their right perspective, first in the list should be the term general election, it should be called just elections as the General has already been el
Published 27 Oct, 2007 12:00am
Ground realities

Ground realities

It has been observed that most of the NGOs to attract donors for funding go beyond all moral limits for example, a report was released in Lahore, namely, "77pc men think wife-beating is macho". This was revealed in a presentation delivered in a four-day w
Published 27 Oct, 2007 12:00am
Two women lead Argentine vote

Two women lead Argentine vote

Argentina is a poster country for macho culture. However, Sunday's presidential election will almost certainly see an end to that male dominance, at least in politics. According to the latest opinion polls, there is almost no doubt that a woman will occup
Published 27 Oct, 2007 12:00am
Micro industries and FBR tariff policy

Micro industries and FBR tariff policy

Open and participatory budget making is imperative for good governance and economic development, yet by comparing with international standards our budget making needs professional experts. Budget making is more or less an exclusive affair of the executive
Published 27 Oct, 2007 12:00am
Not enough but in the right direction

Not enough but in the right direction

The constitutional package President General Pervez Musharraf announced for the Northern Areas on Tuesday, can at best be seen as a case of 'something is better than nothing'. Otherwise, it does little to address the aspirations of the people of Gilgit an
Published 27 Oct, 2007 12:00am
Code of conduct for elections

Code of conduct for elections

The draft Code of Conduct circulated by the Election Commission of Pakistan for the political parties is quite elaborate, made so by factoring in additional conditions and controls in order to keep the election temperature under manageable limits.
Published 27 Oct, 2007 12:00am
FTSE keeps upward movement

FTSE keeps upward movement

Britain's top share index rose 1.3 percent on Friday as high oil and metal prices boosted commodity shares, while M&A talk propelled Resolution, Kingfisher and Standard Chartered higher. The FTSE 100 closed up 85 points at 6,661.3, after rising 1.5 percen
Published 27 Oct, 2007 12:00am
Sterling stays higher

Sterling stays higher

Sterling hit a three-month high against the dollar on Friday thanks to expectations of a US rate cut this month, but fell low versus the euro as investors reckoned Britain would be next to start cutting rates.
Published 27 Oct, 2007 12:00am
Dollar falls to fresh low in London

Dollar falls to fresh low in London

The dollar fell to fresh record lows against the euro and a basket of currencies on Friday as investors, faced with a run of weak US economic data, anticipated a Federal Reserve interest rate cut next week.
Published 27 Oct, 2007 12:00am
Indian rupee climbs

Indian rupee climbs

The Indian rupee climbed to its strongest finish in over a week on Friday as investors poured funds into the record-setting stock market, brushing off concerns about new investment restrictions on unregistered foreigners.
Published 27 Oct, 2007 12:00am
European credit spreads steady

European credit spreads steady

European credit spreads held steady on Friday even as Countrywide Financial Corp reported a bigger-than-expected loss and US consumer sentiment fell to a 17-month low. By 1510 GMT, the iTraxx Crossover index, made up of 50 mostly "junk"-rated credits, was
Published 27 Oct, 2007 12:00am
European credit spreads steady

European credit spreads steady

European credit spreads held steady on Friday even as Countrywide Financial Corp reported a bigger-than-expected loss and US consumer sentiment fell to a 17-month low. By 1510 GMT, the iTraxx Crossover index, made up of 50 mostly "junk"-rated credits, was
Published 27 Oct, 2007 12:00am
Friday's midday trade: equities climb on Microsoft

Friday's midday trade: equities climb on Microsoft

US stocks rose on Friday after a higher profit forecast by Microsoft Corp lifted all three major indexes, and an upbeat outlook by lender Countrywide Financial Corp stemmed fears of financial-sector losses.
Published 27 Oct, 2007 12:00am
Philippines shares up

Philippines shares up

Philippines share prices closed 0.5 percent higher on Friday in cautious trade ahead of next week's three-day holiday, dealers said. Philippine markets will be closed on Monday for village elections nation-wide. Trading will resume on Tuesday and Wednesda
Published 27 Oct, 2007 12:00am
'Working relationship among political parties vital'

'Working relationship among political parties vital'

Federal Railways Minister Sheikh Rashid Ahmed has said that Khanewal-Raiwind double track would be completed by the end of December, 2007 and it would be a record that 245 km long track would be completed in a year and dualisation of railway track would o
Published 27 Oct, 2007 12:00am
Vietnam coffee exports up

Vietnam coffee exports up

Vietnam, the world's largest exporter of robusta coffee beans, estimated on Friday that coffee exports during the January-October period would jump 42.6 percent from a year earlier to 1.02 million tonnes. The Government Statistics Office said in a report
Published 27 Oct, 2007 12:00am
Liquidity boom sparks lively commodities rally

Liquidity boom sparks lively commodities rally

A liquidity boom, fuelled by lower US interest rates and a flight from asset-backed commercial paper, has sparked a vivacious rally in the oil and commodity markets.
Published 27 Oct, 2007 12:00am
London coffee, cocoa and sugar rise

London coffee, cocoa and sugar rise

London coffee, cocoa and sugar all rallied on Friday, reflecting investors' renewed appetite for commodities that sent oil prices to new all-time highs. London November robustas closed up $12 at $2,109 a tonne, bringing the premium over January down neare
Published 27 Oct, 2007 12:00am
New York cotton futures extend gains

New York cotton futures extend gains

US cotton futures were up for a second straight session on Friday as raging prices of oil and other commodities pulled the fibre along for a ride. ICE Futures' open-outcry December cotton contract settled up 0.24 cent at 64.63 cents per lb, after trading
Published 27 Oct, 2007 12:00am
'Volatile metals spur hedging'

'Volatile metals spur hedging'

Volatile metal prices are increasingly persuading consumers of industrial metals to hedge their risk in world markets, London-listed Standard Chartered told Reuters this week. Skyrocketing and fluctuating metals prices have hit profit margins of the compa
Published 27 Oct, 2007 12:00am
Base metals ascend

Base metals ascend

Industrial metals prices climbed on Friday, boosted by a weaker dollar and gains in other commodities such as oil and gold. A slew of poor economic data from the United States sent the dollar to record lows against the euro and a basket of currencies, whi
Published 27 Oct, 2007 12:00am
Benazir for unity of moderate forces to fight extremism

Benazir for unity of moderate forces to fight extremism

Former prime minister and PPP chairperson Benazir Bhutto has stressed the unity of moderate forces to fight against extremism in the country. In an interview with the private TV channel she said terrorism and extremism are on the rise throughout the count
Published 27 Oct, 2007 12:00am
PSMA resents premium on sugarcane quality

PSMA resents premium on sugarcane quality

While ignoring the federal government policy, the Sindh government has issued controversial notification for payment to cane growers on premium on quality sugarcane. The notification was issued last week, which provides a formula for payment of premium to
Published 27 Oct, 2007 12:00am
APL posts Rs 548.718 million profit till September 30

APL posts Rs 548.718 million profit till September 30

Attock Petroleum Limited (APL) has posted Rs 548.718 million as profit for the quarter ended September 30, 2007 as compared to Rs 412.424 million earned in the corresponding period last year.
Published 27 Oct, 2007 12:00am
APL posts Rs 548.718 million profit till September 30

APL posts Rs 548.718 million profit till September 30

Attock Petroleum Limited (APL) has posted Rs 548.718 million as profit for the quarter ended September 30, 2007 as compared to Rs 412.424 million earned in the corresponding period last year.
Published 27 Oct, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (October 26, 2007).

Published 27 Oct, 2007 12:00am
NRL profit after tax slips to Rs 535.404 million

NRL profit after tax slips to Rs 535.404 million

The profit after tax of National Refinery Limited (NRL) has declined to Rs 535.404 million in the quarter ended September 30, 2007 as compared to Rs 692.575 million in the corresponding period last year.
Published 27 Oct, 2007 12:00am
NRL profit after tax slips to Rs 535.404 million

NRL profit after tax slips to Rs 535.404 million

The profit after tax of National Refinery Limited (NRL) has declined to Rs 535.404 million in the quarter ended September 30, 2007 as compared to Rs 692.575 million in the corresponding period last year.
Published 27 Oct, 2007 12:00am
'Glimpses into Islamabad's soul' launched

'Glimpses into Islamabad's soul' launched

Painter Fauzia Minallah's book of photographic study 'Glimpses into Islamabad's Soul' was launched with great pomp and splendour on Thursday morning at the Pakistan National Council of Arts auditorium in the presence of a large number of foreign guests. D
Published 27 Oct, 2007 12:00am
PML-F set to counter Benazir's bids for third-time premiership

PML-F set to counter Benazir's bids for third-time premiership

Pakistan Muslim League-Functional (PML-F) has decided to counter with tooth and nail the attempts of chairperson Pakistan People Party (PPP), Benazir Bhutto, to become prime minister of the country for the third time.
Published 27 Oct, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 26, 2007).

Published 27 Oct, 2007 12:00am
'OPV not to affect potency of vaccinated kids'

'OPV not to affect potency of vaccinated kids'

Sindh Health Secretary (Public Health) Dr Abdul Majid, strongly negating the impression that Oral Polio Vaccine (OPV) may contain any component, which could affect potency of vaccinated children, said if this had been the situation we would have by now no
Published 27 Oct, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 26, 2007).

Published 27 Oct, 2007 12:00am
Lesco offers bill details on cell phones via SMS

Lesco offers bill details on cell phones via SMS

Lahore Electric Supply Company (Lesco) for the first time has offered the modern facility of providing the details of electricity bill on mobile phone through short messaging service (SMS).
Published 27 Oct, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 26, 2007).

Published 27 Oct, 2007 12:00am
Previous Day
⇧