News Archives for Print - 2007-11-18

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Print - 2007-11-18

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (November 17, 2007).

Published 18 Nov, 2007 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (November 17, 2007).

Published 18 Nov, 2007 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (November 17, 2007).

Published 18 Nov, 2007 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (November 17, 2007).

Published 18 Nov, 2007 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (November 17, 2007).

Published 18 Nov, 2007 12:00am

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 18 Nov, 2007 12:00am

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 18 Nov, 2007 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (November 17, 2007).

Published 18 Nov, 2007 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 18 Nov, 2007 12:00am

Kirana items move both ways on Jodia Bazaar

The trading on Kirana items moved both ways on Jodia Bazaar here on Saturday. The following variations were noted.

Published 18 Nov, 2007 12:00am

Oil cake market rates

Steady trend seen on the forward cottonseed oilcake market on Saturday as supply was tight in process of trading, dealers said. The December vaida commenced with no change at Rs 565.00 and closing was seen at the same level, dealers said.

Published 18 Nov, 2007 12:00am

Lint prices up again at Rs 3300 on cotton market

Upward trend persisted on the cotton market on Saturday as ginners were not ready to oblige the mills in view of the rising perception of short crop, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 3175, dealers s

Published 18 Nov, 2007 12:00am

Singapore bunker October sales fall

Singapore bunker sales volumes in October fell about 3 percent from the previous month as surging prices dampened demand from shipowners, traders and shipowners said on Wednesday. Singapore bunker sales fell to 2.722 million tonnes in October, and slipped

Published 18 Nov, 2007 12:00am

CBoT wheat down

Wheat futures on the Chicago Board of Trade fell 2 percent on Friday on technical selling and a lack of significant new export demand, traders said. Traders shrugged off a respectable number for wheat in the US Agriculture Department's weekly export sales

Published 18 Nov, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 61,010 tonnes cargo including 41,211 tonnes import, 19,799 tonnes export cargo and 1,368 containers (TEUs) during last 24 hours ending at 0700 hours on Saturday.The cargo comprised of 54,710 tonnes dry cargo including 19,751 tonne

Published 18 Nov, 2007 12:00am

Grams, barley, wheat prices up on grain market

Rising trend persisted on the grain market on Saturday as grams prices showed sharp rise in process of trading, dealers said. On the gram side, gram garda Punjab was higher by Rs 75 to Rs 2725-2875. Gram dal garda Punjab also picked up the same amount at

Published 18 Nov, 2007 12:00am

Asian freight rates steady, outlook bullish

Ocean freight rates for dry commodities on major Asian routes were steady on Tuesday, shrugging off a sell-off in futures, suggesting that the market is well supported by tight tonnage supply and strong demand.

Published 18 Nov, 2007 12:00am

Trial set for highest-ranking Marine in Haditha case

The highest-ranking US Marine charged in connection with the 2005 shooting deaths of two dozen unarmed men, women and children in the Iraqi town of Haditha was ordered on Friday to face court martial in April.

Published 18 Nov, 2007 12:00am

Poland to end Iraq mission in 2008

Poland will end next year its mission in Iraq, where it currently deploys 900 soldiers, new Polish Defence Minister Bogdan Klich said Saturday. "I can confirm that in 2008 the Polish military contingent in Iraq will be withdrawn," the minister, who took u

Published 18 Nov, 2007 12:00am

Malaysian police break up electoral reform protest

Police disrupted a street protest by confiscating balloons and leaflets after activists launched a campaign to urge Malaysians to wear yellow every Saturday to demand electoral reform. At least 10 members of a group were distributing the materials to the

Published 18 Nov, 2007 12:00am

Groundwater lost to rising sea levels greater than thought: study

Rising sea levels could swallow up to 40 percent more potable groundwater than previously thought because of tricks of topography, a new study has found. Many current predictions about the impact of global warming look at how much land would be lost to ri

Published 18 Nov, 2007 12:00am

Iran sticking to pledge to halt arms flow: Iraq

Iran, accused by the United States of helping stoke violence in Iraq, appears to be holding to its pledge to halt the flow of weapons and people across the border, the Iraqi government spokesman said on Saturday.

Published 18 Nov, 2007 12:00am

Grim climate change report spurs UN call for Bali 'breakthrough'

The Nobel-winning IPCC group of climate scientists on Saturday issued their starkest warning yet on global warming, prompting a UN demand for politicians to smash the deadlock on tackling the worsening threat.

Published 18 Nov, 2007 12:00am

US Senate asks Asean leaders to ignore Myanmar

The US Senate unanimously adopted a resolution Friday urging an upcoming Asean summit to suspend military-ruled Myanmar from the grouping for its bloody crackdown on pro-democracy protests.

Published 18 Nov, 2007 12:00am

EU commissioner hails climate change report

The European Union's environment commissioner hailed Saturday the latest report of the world's top scientific authority on climate change, and called for a radical new pact to tackle global warming.

Published 18 Nov, 2007 12:00am

British octogenarians caught out for serial art fraud

An octogenarian couple and their son have been brought to justice in Britain for making a small fortune out of faking artworks that fooled experts for 17 years, newspapers said Saturday.

Published 18 Nov, 2007 12:00am

Activists urge Asean to exclude Myanmar from charter

Anti-junta activists on Saturday urged Southeast Asian leaders to bar member state Myanmar from signing Asean's landmark charter until it answers for its violent suppression of protests.

Published 18 Nov, 2007 12:00am

Iran reviews execution accused teenage rapist

The execution of an Iranian man accused of raping three boys when he was 13 has been put on hold and the case will be reviewed, an Iranian daily said on Saturday. US-based Human Rights Watch has called on the Islamic Republic to prevent the execution of M

Published 18 Nov, 2007 12:00am

Could US military gains in Iraq outlast Bush?

With an intensifying White House race drawing attention to his legacy, President George W. Bush could leave office without the baggage of complete failure in Iraq thanks to new US military gains, some analysts say.

Published 18 Nov, 2007 12:00am

MGE wheat firmer

Spring wheat futures at the Minneapolis Grain Exchange settled lower on Friday, retreating from Thursday's rally in a round of profit-taking. The Minneapolis December spring wheat contract ended down 8 cents at $8.26, while March wheat closed down 10-3/4

Published 18 Nov, 2007 12:00am

New York sugar settles mixed

Raw sugar futures in New York finished mixed on Friday and the lacklustre tone of the market may cause values to drift during the holiday-shortened trading sessions of next week, brokers said. The sugar market will be shut next on Thursday and Friday, Nov

Published 18 Nov, 2007 12:00am

US gold down

US gold futures reversed gains to finish a tad lower on Friday, capping an extremely volatile week as investors opted to lock in profits after initially hunting for bargains based on a weaker dollar and rising crude oil prices.

Published 18 Nov, 2007 12:00am

Crude oil prices slump from record heights, metals slide

World oil prices slid from historic heights close to 100 dollars a barrel last week on easing supply concerns. Most metals futures also fell as the dollar stabilised against the euro.

Published 18 Nov, 2007 12:00am

Australian wool prices up

The Australian wool market finished 2.1 percent higher, on average, at sales in Sydney, Melbourne and Fremantle this week after the US exchange rate fluctuated over a 5c range. The AWEX EMI rose by 20c (+2.1 percent), ending the week at 979c/kg.

Published 18 Nov, 2007 12:00am

New York coffee up

ICE arabica coffee futures settled mildly higher on Friday after a quiet session marked by light December/March spreading, traders said. Many players were away from their desks to attend the Sintercafe Convention in Costa Rica.

Published 18 Nov, 2007 12:00am

Indian sugar futures rise

Indian sugar December futures rose on Friday on news of more export orders, which could help ease stockpiles from an expected bumper crop.At 2:55 pm (0925 GMT), the December contract on the National Commodity and Derivatives Exchange was up 0.32 percent a

Published 18 Nov, 2007 12:00am

US copper futures higher

US copper futures settled up over 2 percent on Friday as speculators playing the short side of the market scrambled to cover their bearish bets after prices failed to extend their overnight losses, analysts said.

Published 18 Nov, 2007 12:00am

Indonesian coffee prices end steady

Indonesian robusta coffee prices fell this week on easing demand and as a trickle of supplies did little to entice buying interest. Prices of robusta beans collected from merchants fell to 15,400-16,300 rupiah ($1.66-$1.75) a kg from 15,500-17,000 last we

Published 18 Nov, 2007 12:00am

Australian grain: new shots fired in wheat export war

New shots are being fired in the long-running war over Australia's bulk wheat export monopoly as new season grain begins to flow into AWB Ltd's export pool from a drought-depleted crop.

Published 18 Nov, 2007 12:00am

CBOT rice higher

Rough rice futures on the Chicago Board of Trade ended higher on Friday, notching an all-time high for the third time this week, as the market remained sensitive to speculative buying, traders said. The high of $13.61 was made in the July contract.

Published 18 Nov, 2007 12:00am

Soya ends mixed

Chicago Board of Trade soyabean futures closed mixed on Friday on week-end profit taking after sailing to a 19-year high, lifted by strong weekly export sales data, traders said.

Published 18 Nov, 2007 12:00am

French state deficit set at nearly $61.5 billion

The lower house of the French parliament on Saturday approved 2008 spending plans that foresee a state deficit of nearly 42 billion euros (61.5 billion dollars). The 47.79 billion euros approved by lawmakers in the National Assembly was up just slightly f

Published 18 Nov, 2007 12:00am

Direct Rio bid might be future option: BHP

Mining giant BHP Billiton, whose multi-million-dollar take-over plan has been rejected by Rio Tinto's management, may consider taking an offer directly to Rio's shareholders in the future, BHP's chief said on Saturday.

Published 18 Nov, 2007 12:00am

Singapore Prime Minister calls for greater Asean integration

Singapore Prime Minister Lee Hsien Loong on Saturday called on the 10 members of Asean to work together to accelerate economic integration in order to keep up with Asian giants China and India.

Published 18 Nov, 2007 12:00am

Saudi Arabia may revalue but keep dollar peg

Saudi Arabia could consider revaluing the riyal with other Gulf oil producers, but has no plans to drop its peg to the tumbling dollar to track a currency basket, a source familiar with Saudi currency policy said.

Published 18 Nov, 2007 12:00am

Russian deputy finance ministers arrested for fraud

A Russian deputy finance minister responsible for international financial relations was arrested for attempting to defraud the state budget, news agencies reported Saturday.

Published 18 Nov, 2007 12:00am

Legislators approve higher Alaska oil tax

Alaska lawmakers approved a tax increase on the oil industry on Friday during a special session called to replace a tax system that critics said was tainted by a corruption scandal. Major oil producers have vigorously opposed the move to rewrite the state

Published 18 Nov, 2007 12:00am

Asian growth could exceed expectations: ADB

Asian economic growth will remain strong this year and in 2008 despite higher energy costs and recent market turbulence, Asian Development Bank president Haruhiko Kuroda said Saturday. He said there would be no change to the bank's latest regional growth

Published 18 Nov, 2007 12:00am

Asian leaders promote green region, nuclear power

Asian leaders from 16 countries will pledge to increase the region's forest cover by 2020 and promote the use of nuclear energy during their annual summit here next week. A draft statement obtained by AFP on Saturday said the leaders will also throw their

Published 18 Nov, 2007 12:00am

Ecuador rejoins Opec

Ecuador rejoined Opec's ranks on Saturday after 15 years, adding to the oil producing group's clout as record prices boost the political and economic influence of its members. Ecuador became the 13th member of the producer group, which already supplies ov

Published 18 Nov, 2007 12:00am

G20 finance ministers begin talks with focus to reform World Bank and IMF

Finance ministers from the world's largest 20 economies began talks Saturday in South Africa focusing on reforming the World Bank and the International Monetary Fund (IMF). The two-day gathering in Kleinmond, near Cape Town, is the first time the G20 grou

Published 18 Nov, 2007 12:00am

French transport strike continues; anti-strike demonstration today

France's railway strike moved into a fourth day on Saturday, despite a call from one of the main unions for its suspension to allow talks to get underway.

Published 18 Nov, 2007 12:00am

Indian inflation under control despite oil: Prime Minister

Indian Prime Minister Manmohan Singh said on Saturday inflation was largely under control despite soaring prices of crude oil and food commodities. "We have managed to keep inflation under control in the face of many difficulties," Singh told a party plen

Published 18 Nov, 2007 12:00am

China and Russia reach gas pipeline price deal

CNPC and Gazprom have agreed a gas pricing deal that should unlock a major pipeline plan, but it may come at a higher cost than Beijing wanted, the Xinhua agency cited a Russian executive as saying on Saturday.

Published 18 Nov, 2007 12:00am

American credit market outlook

J.C. Penney's credit profile may erode in coming months if US consumers limit their holiday shopping, but the retailer's bonds are still poised to perform better than those of its closest peers.

Published 18 Nov, 2007 12:00am

American credit market outlook

J.C. Penney's credit profile may erode in coming months if US consumers limit their holiday shopping, but the retailer's bonds are still poised to perform better than those of its closest peers.

Published 18 Nov, 2007 12:00am

Chile stocks close lower in slow trade

Chilean stocks fell on Friday as investors reacted to a choppy day on US markets. The all-market IGPA stock index closed 0.61 percent lower at 14,501.19 points, while the trade-weighted blue chip IPSA index fell 0.72 percent to 3,236.28 points.

Published 18 Nov, 2007 12:00am

US corporate bonds widen to riskiest level since 2003

Alltel Corp postponed a $1 billion junk bond sale on Friday, and corporate bond spreads traded at their widest levels since January 2003 as concerns about the US housing market and mortgages sapped demand for risky debt.

Published 18 Nov, 2007 12:00am

US corporate bonds widen to riskiest level since 2003

Published 18 Nov, 2007 12:00am

US Treasuries drop on rate cut doubts

US Treasuries fell on Friday as a stock market recovery damped demand for safe-haven government bonds and comments from Fed officials unnerved optimists hoping for an interest rate cut next month.

Published 18 Nov, 2007 12:00am

US Treasuries drop on rate cut doubts

US Treasuries fell on Friday as a stock market recovery damped demand for safe-haven government bonds and comments from Fed officials unnerved optimists hoping for an interest rate cut next month.

Published 18 Nov, 2007 12:00am

European stocks set to drift

European stocks look set to struggle for direction next week, with corporate and economic calendars short of data juicy enough to eclipse credit market concerns as Thanksgiving truncates the US trading week.

Published 18 Nov, 2007 12:00am

US IPOs begin to show credit market cracks

The US initial public offerings market, the picture of health in the second half of the year even as wider markets have been gloomier, is showing signs of wear and tear as enduring credit market woes create an unpredictable environment.

Published 18 Nov, 2007 12:00am

Argentina stocks rise

Argentine stocks closed higher on Friday as energy issues rose with higher oil prices, but the rebound from steep losses a day earlier was weak as doubts over the US economy eroded morning gains. The MerVal index of 25 leading stocks gained 0.57 percent t

Published 18 Nov, 2007 12:00am

Brazil stocks slightly changed

Brazil's stock market seesawed near the unchanged mark on Friday as concerns over a slowdown in the US economy increased investors' aversion to risky emerging market securities. The Bovespa index of the Sao Paulo Stock Exchange fell 0.03 percent to 64,609

Published 18 Nov, 2007 12:00am

Toronto stocks end flat

The Toronto Stock Exchange's main index finished little changed on Friday, supported by energy shares but undermined by anxiety after Bank of Montreal said it will take charges that result partly from securities hit by the credit crunch.

Published 18 Nov, 2007 12:00am

Canadian bond prices fall

The Canadian domestic bond prices, with no Canadian economic reports to consider, ended down on Friday after a big rally on Thursday and ahead of key data next week that includes consumer prices.

Published 18 Nov, 2007 12:00am

Canadian bond prices fall

The Canadian domestic bond prices, with no Canadian economic reports to consider, ended down on Friday after a big rally on Thursday and ahead of key data next week that includes consumer prices.

Published 18 Nov, 2007 12:00am

Mexican stocks finish firmer

Mexican stocks closed up on Friday, boosted by gains in heavyweight cell phone operator America Movil, miner Group Mexico and homebuilder Geo.The IPC stock index closed up 1.58 percent at 29,631.57 points. The peso edged down 0.08 percent to 10.932 per do

Published 18 Nov, 2007 12:00am

Technology and energy push Wall Street to strong close

US stocks rose on Friday after a day of sharp price swings, helping the S&P 500 narrowly avert a third straight week of losses as bargain-hunting lifted the beaten-down technology sector while shares of oil companies advanced on buoyant crude prices.

Published 18 Nov, 2007 12:00am

Taiwan dollar dips

The Taiwan dollar weakened on Friday, hit by foreign fund outflows as domestic stocks fell and by selling linked to oil deals, although buying by exporters helped to curb the local currency's decline. The Taiwan dollar ended at T$32.336 to the US dollar,

Published 18 Nov, 2007 12:00am

India's foreign exchange reserves rise to $270.181 billion

India's foreign exchange reserves rose to a record $270.181 billion on November 9, from $266.518 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement on Friday. Analysts said a part of the increase in reserves was du

Published 18 Nov, 2007 12:00am

Dollar falls but on track for weekly gain

The dollar slid on Friday, but was on track for its biggest weekly gain against a basket of major currencies in over a month despite uncertainty in the credit market.

Published 18 Nov, 2007 12:00am

IMM speculators go Swiss franc and yen

Currency speculators boosted bets on the yen and Swiss franc and remained heavily positioned against the US dollar, data from the Commodity Futures Trading Commission showed on Friday. Traders in the International Monetary Market pumped up their net long

Published 18 Nov, 2007 12:00am

Forex outlook: dollar respite likely as sterling under focus

The dollar could get some short-term respite next week as sterling becomes the target of bearish investor sentiment after the Bank of England signalled weaker growth and set the tone for interest rate cuts next year.

Published 18 Nov, 2007 12:00am

Canadian dollar rebounds higher

The Canadian dollar capped a losing week in which it touched a five-week low with a sharp gain of more than 1 US cent on Friday, as the greenback trickled lower after some weak US economic data. The Canadian dollar closed at US $1.0269, valuing each US do

Published 18 Nov, 2007 12:00am

Pakistan seek confidence boost before Test series

A downcast Pakistan are pinning their hopes on defeating a reshuffled India in Sunday's inconsequential final one-dayer to gather momentum before the Test series starting next week. "If their regular combination doesn't play we will definitely get some ps

Published 18 Nov, 2007 12:00am

Chandana joins rebel Indian league

Former Sri Lankan Test and one-day player Upul Chandana has defied a local ban and joined the rebel Indian Cricket League. Chandana, a 35-year-old leg spinning all rounder, departed here Friday to appear for Kolkata Tigers in the ICL, the unofficial Twent

Published 18 Nov, 2007 12:00am

Australia beat Asian champions Iraq

Australia have one foot in next year's Beijing Olympics after defeating Asian champions Iraq 2-0 in Gosford on Saturday. Australia claimed top spot in their final qualifying group, which also includes Lebanon and North Korea, after goals by Adrian Leijer

Published 18 Nov, 2007 12:00am

Kallis posts another hundred

Jacques Kallis hit his fifth Test century in seven innings as South Africa moved into a commanding position on the second day of the second and final Test against New Zealand at Centurion Park here on Saturday. Kallis made a stroke-filled 131 as South Afr

Published 18 Nov, 2007 12:00am

Ferrer to meet Federer in Masters Cup final

World number one Roger Federer scored his best-ever win over arch-rival Rafael Nadal to reach his fifth Masters Cup final on Saturday. The defending champion edged a tight first set and destroyed the fading Spaniard in the second, winning 6-4, 6-1 in just

Published 18 Nov, 2007 12:00am

Australia pile on the runs; Gilchrist makes record

Adam Gilchrist became the first player to smash a 100 sixes in Test cricket in a brutal display of power hitting that put Australia in control of the second Test against Sri Lanka on Saturday.

Published 18 Nov, 2007 12:00am

State Department official, brother queried on Blackwater

The State Department's top investigator and his brother will both be asked to testify to a committee of Congress about the brother's link to the Blackwater security firm, the committee announced on Friday.

Published 18 Nov, 2007 12:00am

India set to push nuclear deal

India's ruling coalition launched a fresh campaign to push a controversial nuclear deal with the United States on Saturday, a day after its communist allies revived hope over a pact they had strongly opposed.

Published 18 Nov, 2007 12:00am

Saudi Arabia may order 24 Eurofighter jets

Saudi Arabia could order 24 Eurofighter Typhoon combat jets from BAE Systems for about 1.5 billion pounds ($3.06 billion), the Middle East Economic Digest (MEED) reported on Friday. Saudi Arabia and Britain announced in September a 4.43 billion pound deal

Published 18 Nov, 2007 12:00am

World on the verge of climate 'catastrophe', says Ban

UN Chief Ban Ki-moon called on Saturday for urgent action on global warming, warning the world is on the verge of a catastrophe, as top scientists were due to issue a new report on climate change for policymakers.

Published 18 Nov, 2007 12:00am

Ahmadinejad dismisses war talk in Bahrain visit

Iranian President Mahmoud Ahmadinejad on Saturday dismissed the prospect of war over his country's nuclear drive during a brief visit to key US ally Bahrain, whose ties with Tehran have often been strained.

Published 18 Nov, 2007 12:00am

Kosovo votes

Voters in Kosovo braved icy weather and fears of renewed violence to elect a government the majority Albanians hope will lead the troubled Serbian province to independence. "These elections will be an additional verdict towards our destiny" of independenc

Published 18 Nov, 2007 12:00am

23 militants killed in Afghanistan

US-led forces have killed 23 militants during weapons searches in southern Afghanistan while two coalition soldiers and their interpreter died in a bomb blast, the foreign forces said on Saturday. Coalition forces searched compounds in the Garmser distric

Published 18 Nov, 2007 12:00am

Bangladesh cyclone toll tops 1,600; many missing

Military ships and helicopters were trying on Saturday to reach thousands of survivors of a super cyclone that killed more than 1,600 people and pummelled impoverished Bangladesh with mighty winds and waves. Cyclone Sidr smashed into the country's souther

Published 18 Nov, 2007 12:00am

LPGDAP chief welcomes interim set-up

LPG Distributors Association Pakistan (LPGDAP) chairman Abdul Hadi Khan has welcomed the interim government set-up and expressed the hope that it will adopt a comprehensive agenda to control the rising prices of liquefied petroleum gas and provide relief

Published 18 Nov, 2007 12:00am

Settlers to be declared local by cabinet: Jam

Chief Minister Balochistan Mir Jam Muhammad Yousaf on Saturday said that the provincial cabinet would declare all those settlers local who are living in Quetta since 1952.

Published 18 Nov, 2007 12:00am

UN body reaffirms universal rights of people to self-determination

UN General Assembly's committee unanimously adopted a Pakistan sponsored resolution reaffirming right of peoples to self-determination, and called for cessation of foreign military intervention, occupation and repression.

Published 18 Nov, 2007 12:00am

HBL develops performance evaluation system

The HBL, HR Management envisioned with the bank's mission to make the customers prosper, staff to excel and create value for shareholders has developed a new system for performance evaluation. To introduce tools of this Performance Management System 2007,

Published 18 Nov, 2007 12:00am

National Museum being established

The National Museum is being established here in the premises of Shakarparian to reflect and promote the country's cultural identity. The design for the museum has been approved recently through a competition organised to encourage architects by the Depar

Published 18 Nov, 2007 12:00am

Dictator shows his real colour to people

"The dictator has shown his real colour to the people of Pakistan. He is destroying the civil society by putting restrictions on the print and electronic media and destroying the judiciary by imposing the PCO.

Published 18 Nov, 2007 12:00am

Action against flourmills continues

The Punjab Food Department (PFD) on Saturday has closed three flourmills in Dera Ghazi Khan because of various allegations against them allowed seven others to function in different districts of Punjab. The Shaikh Brothers, Mushtaq and Imran Yousaf flourm

Published 18 Nov, 2007 12:00am

Lights, beings, beams: Just a typical night in Australia's UFO capital

On a desert highway in Australia's flat, dry centre is a petrol station by a watering hole where extraterrestrials have been stopping off for millennia, or so "witnesses" say. If truck drivers or passing tourists find themselves nodding off on the long dr

Published 18 Nov, 2007 12:00am

Hoarders fleecing the poor

In his address to the nation after proclamation of the state of emergency in the country, President General Pervez Musharraf hadmentioned, though very briefly, the problems and concerns of the people at large.

Published 18 Nov, 2007 12:00am

Level playing field

Election are due to be held in first ten days of January 2008. Schedule for the same is yet to be issued by the Election Commission of Pakistan after which the election process will go underway in the real sense.

Published 18 Nov, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Petrol/Litre / Nov 16	248.38
Karachi Cotton PKR/37.32 KG / Nov 16	18,085

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 16 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 16 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 16 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 16 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 16 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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