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Print - 2007-12-09
Russia test-fires ballistic missile

Russia test-fires ballistic missile

Russia on Saturday successfully test-fired an inter-continental ballistic and other weapons that are able to pierce anti-missile shields, Russia's state news agency RIA said, citing a spokesman for rocket forces. The RS-12M Topol, called the SS-25 Sickle
Published 09 Dec, 2007 12:00am
Shuttle launch postponed third time: Nasa

Shuttle launch postponed third time: Nasa

The US space agency Saturday delayed the launch of the space shuttle Atlantis for a third consecutive day and announced plans to strengthen safety rules governing launches. Liftoff is now set for 3:21 pm (2021 GMT) Sunday, said Kennedy Space Center spokes
Published 09 Dec, 2007 12:00am
Serbia calls for more Kosovo talks in Belgrade

Serbia calls for more Kosovo talks in Belgrade

Serb Prime Minister Vojislav Kostunica on Saturday warned Kosovo Albanians against an "illegal" declaration of independence and called for talks on the territory's future to resume. He proposed new talks be held in Kosovo and Serbia instead of abroad.
Published 09 Dec, 2007 12:00am
Police station attacked

Police station attacked

An unknown miscreant opened fire at Wadh Police Station on Friday night and managed to escape from the scene, Wadh police told APP. The miscreant opened fire with Kalashnikov and fled from the scene on motorcycle before police returned fire.
Published 09 Dec, 2007 12:00am
SPI-based inflation up 8.01 percent

SPI-based inflation up 8.01 percent

The SPI-based inflation surged by 8.01 percent on week ending December 6, 2007 over the same period last year with prices of essential commodities going up by 10.29 percent for the low-income group.
Published 09 Dec, 2007 12:00am
SPI-based inflation up 8.01 percent

SPI-based inflation up 8.01 percent

The SPI-based inflation surged by 8.01 percent on week ending December 6, 2007 over the same period last year with prices of essential commodities going up by 10.29 percent for the low-income group.
Published 09 Dec, 2007 12:00am
SPI-based inflation up 8.01 percent

SPI-based inflation up 8.01 percent

The SPI-based inflation surged by 8.01 percent on week ending December 6, 2007 over the same period last year with prices of essential commodities going up by 10.29 percent for the low-income group.
Published 09 Dec, 2007 12:00am
Three PPP workers shot dead in Quetta

Three PPP workers shot dead in Quetta

Gunmen shot dead three workers of Benazir Bhutto's opposition party in a pre-dawn attack Saturday in Naseerabad amid campaigning for January polls, police said. The shooting occurred in the Pakistan People's Party's (PPP) office in Naseerabad district, 24
Published 09 Dec, 2007 12:00am
Three PPP workers shot dead in Quetta

Three PPP workers shot dead in Quetta

Gunmen shot dead three workers of Benazir Bhutto's opposition party in a pre-dawn attack Saturday in Naseerabad amid campaigning for January polls, police said. The shooting occurred in the Pakistan People's Party's (PPP) office in Naseerabad district, 24
Published 09 Dec, 2007 12:00am
Values of imported shoe adhesive revised

Values of imported shoe adhesive revised

The Directorate General of Customs Valuation, Karachi has revised customs value of shoe adhesive synthetic rubber imported from Italy, Malaysia, Thailand, Indonesia, Taiwan and China for accurate determination of customs duty.
Published 09 Dec, 2007 12:00am
Values of imported shoe adhesive revised

Values of imported shoe adhesive revised

The Directorate General of Customs Valuation, Karachi has revised customs value of shoe adhesive synthetic rubber imported from Italy, Malaysia, Thailand, Indonesia, Taiwan and China for accurate determination of customs duty.
Published 09 Dec, 2007 12:00am
Values of imported shoe adhesive revised

Values of imported shoe adhesive revised

The Directorate General of Customs Valuation, Karachi has revised customs value of shoe adhesive synthetic rubber imported from Italy, Malaysia, Thailand, Indonesia, Taiwan and China for accurate determination of customs duty.
Published 09 Dec, 2007 12:00am
Iran stops selling oil in US dollars: report

Iran stops selling oil in US dollars: report

Iran has completely stopped selling any of its oil for US dollars, an Iranian news agency reported on Saturday, citing the oil minister of the world''s fourth-largest crude producer. The ISNA news agency did not give a direct quote from Oil Minister Ghola
Published 09 Dec, 2007 12:00am
Iran stops selling oil in US dollars: report

Iran stops selling oil in US dollars: report

Iran has completely stopped selling any of its oil for US dollars, an Iranian news agency reported on Saturday, citing the oil minister of the world's fourth-largest crude producer. The ISNA news agency did not give a direct quote from Oil Minister Gholam
Published 09 Dec, 2007 12:00am
Iran stops selling oil in US dollars: report

Iran stops selling oil in US dollars: report

Iran has completely stopped selling any of its oil for US dollars, an Iranian news agency reported on Saturday, citing the oil minister of the world's fourth-largest crude producer. The ISNA news agency did not give a direct quote from Oil Minister Gholam
Published 09 Dec, 2007 12:00am
''Diamond Bar Island City may attract $43 billion FDI''

''Diamond Bar Island City may attract $43 billion FDI''

Diamond Bar Island City (DBIC), to be constructed in the vicinity of Port Qasim, is likely to attract $43 billion foreign direct investment (FDI). This was stated on Saturday by Port Qasim Authority (PQA) Chairman Rear Admiral Syed Afzal in a joint media
Published 09 Dec, 2007 12:00am
'Diamond Bar Island City may attract $43 billion FDI'

'Diamond Bar Island City may attract $43 billion FDI'

Diamond Bar Island City (DBIC), to be constructed in the vicinity of Port Qasim, is likely to attract $43 billion foreign direct investment (FDI). This was stated on Saturday by Port Qasim Authority (PQA) Chairman Rear Admiral Syed Afzal in a joint media
Published 09 Dec, 2007 12:00am
'Diamond Bar Island City may attract $43 billion FDI'

'Diamond Bar Island City may attract $43 billion FDI'

Diamond Bar Island City (DBIC), to be constructed in the vicinity of Port Qasim, is likely to attract $43 billion foreign direct investment (FDI). This was stated on Saturday by Port Qasim Authority (PQA) Chairman Rear Admiral Syed Afzal in a joint media
Published 09 Dec, 2007 12:00am
Budget deficit may swell to Rs 535 billion or 5.4 percent of GDP

Budget deficit may swell to Rs 535 billion or 5.4 percent of GDP

The economic managers of the government are having sleepless nights these days as the country is facing a huge budget deficit of over Rs 535 billion in current fiscal year 2007-08. A top budget manager forthrightly admitted to Business Recorder her
Published 09 Dec, 2007 12:00am
Budget deficit may swell to Rs 535 billion or 5.4 percent of GDP

Budget deficit may swell to Rs 535 billion or 5.4 percent of GDP

The economic managers of the government are having sleepless nights these days as the country is facing a huge budget deficit of over Rs 535 billion in current fiscal year 2007-08. A top budget manager forthrightly admitted to Business Recorder her
Published 09 Dec, 2007 12:00am
Budget deficit may swell to Rs 535 billion or 5.4 percent of GDP

Budget deficit may swell to Rs 535 billion or 5.4 percent of GDP

The economic managers of the government are having sleepless nights these days as the country is facing a huge budget deficit of over Rs 535 billion in current fiscal year 2007-08. A top budget manager forthrightly admitted to Business Recorder her
Published 09 Dec, 2007 12:00am
US intelligence official defends report on Iran

US intelligence official defends report on Iran

A top US intelligence official on Saturday responded to critics of a report that found Iran had suspended its atomic weapons program, saying the findings were the result of "solid" analysis.
Published 09 Dec, 2007 12:00am
Saudi to open door to foreign stock investors

Saudi to open door to foreign stock investors

Saudi Arabia, the world''s largest oil exporter, plans to allow foreigners to invest in its stocks and initial public offerings through domestic funds, the stock market regulator said in an interview aired on Saturday. Most Gulf oil producer states place
Published 09 Dec, 2007 12:00am
Saudi to open door to foreign stock investors

Saudi to open door to foreign stock investors

Saudi Arabia, the world's largest oil exporter, plans to allow foreigners to invest in its stocks and initial public offerings through domestic funds, the stock market regulator said in an interview aired on Saturday. Most Gulf oil producer states place s
Published 09 Dec, 2007 12:00am
Saudi to open door to foreign stock investors

Saudi to open door to foreign stock investors

Saudi Arabia, the world's largest oil exporter, plans to allow foreigners to invest in its stocks and initial public offerings through domestic funds, the stock market regulator said in an interview aired on Saturday. Most Gulf oil producer states place s
Published 09 Dec, 2007 12:00am
The Weather

The Weather

The weather report on Saturday (December 08, 2007) and the forecast for Sunday (December 09, 2007).
Published 09 Dec, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 2007 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 2007 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
THE RUPEE: dollar inches up in interbank market

THE RUPEE: dollar inches up in interbank market

Declining trend was seen in the interbank market as the rupee shed two paisa against dollar for buying and selling at Rs 61.25 and Rs 61.27, dealers said. The demand persisted in the market and it seems that the rupee may move in cautious way, they said.
Published 09 Dec, 2007 12:00am
THE RUPEE: dollar inches up in interbank market

THE RUPEE: dollar inches up in interbank market

Declining trend was seen in the interbank market as the rupee shed two paisa against dollar for buying and selling at Rs 61.25 and Rs 61.27, dealers said. The demand persisted in the market and it seems that the rupee may move in cautious way, they said.
Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (December 08, 2007).

Published 09 Dec, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (December 08, 2007).
Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 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 (December 08, 2007).

Published 09 Dec, 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 09 Dec, 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 09 Dec, 2007 12:00am
New York coffee up

New York coffee up

US arabica coffee futures rose on Friday, recouping the previous session's losses as speculators and roasters drove bean prices up toward resistance levels, traders said.
Published 09 Dec, 2007 12:00am
Sugar posts gains in New York

Sugar posts gains in New York

Raw sugar futures closed higher on Friday on speculative fund buying but a paucity in leads kept values trapped in a range and brokers feel the market will not likely break out of its band next week. ICE Futures March electronic sugar contract added 0.05
Published 09 Dec, 2007 12:00am
Australian wheat exports crash

Australian wheat exports crash

Australia's exports of wheat in 2007/08 are likely to be nearly halved as stocks run out after two successive years of drought. National exporter AWB Ltd on Friday agreed with a forecast big decrease in wheat exports by the government unit, the Australian
Published 09 Dec, 2007 12:00am
Australian wool market up

Australian wool market up

The Australian wool market finished 0.9 percent higher, on average, at sales in Sydney, Melbourne and Fremantle this week. The AWEX EMI rose by 11c (+1.1 percent), ending the week at 998c/kg, just short of the magic 1000c.
Published 09 Dec, 2007 12:00am
CBOT rice hits record high

CBOT rice hits record high

Rough rice futures at the Chicago Board of Trade rallied to an all-time high on Friday, boosted by the strength in wheat and soyabeans, traders said. CBOT rice market hit a record top of $14.07 per hundredweight, made in the July contract.
Published 09 Dec, 2007 12:00am
Oil prices lower in globe despite Opec decision

Oil prices lower in globe despite Opec decision

Oil prices eased last week despite Opec's decision to hold output levels and news of plunging crude reserves in the United States. Elsewhere, precious metals mostly rose on supply-side fears, while base metals sank on global and US economic outlook concer
Published 09 Dec, 2007 12:00am
US gold lower

US gold lower

US gold futures finished lower on Friday as crude oil prices tumbled and after a robust US jobs report lowered the chance of a large cut in key interest rates by the Federal Reserve next week. Precious metals could rally in 2008 as the US dollar falls and
Published 09 Dec, 2007 12:00am
Soyabeans reach 34-year top

Soyabeans reach 34-year top

Soyabean futures at the Chicago Board of Trade soared on Friday to a 34-year high in a spot contract amid spillover buying from soyameal, traders said. January soyabeans ended 21 cents higher at $11.19-3/4 a bushel after rising to $11.22 the highest price
Published 09 Dec, 2007 12:00am
US copper futures higher

US copper futures higher

US copper futures settled at a one-week high on Friday after US payrolls data for November came in slightly better than forecast, easing some fears of recession and bolstering sentiment ahead of a Federal Reserve decision on interest rates next week, anal
Published 09 Dec, 2007 12:00am
World market price for upland cotton

World market price for upland cotton

The US Agriculture Department set the prevailing world market price for upland cotton at 52.75 cents per pound, effective through December 13. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton.
Published 09 Dec, 2007 12:00am
Ivory Coast eyes 2008-09 cotton output of 400,000 tonnes

Ivory Coast eyes 2008-09 cotton output of 400,000 tonnes

Ivory Coast aims to more than double its cotton output to 400,000 tonnes in the 2008/09 season, the level it was at before the country's civil war, from 150,000 tonnes this season, the Intercoton growers' group said.
Published 09 Dec, 2007 12:00am
US cotton production up

US cotton production up

Ideal weather should jack up the US cotton crop, but sky-high energy prices and a credit crunch which shook financial markets could hit demand, analysts said Friday in forecasting next week's USDA report. The US Agriculture Department will release its mon
Published 09 Dec, 2007 12:00am
WCE canola futures rise

WCE canola futures rise

Winnipeg Commodity Exchange canola futures rose on Friday, touching new contract highs before closing below its peak, traders said. Strength in US soya complex sparked the rally. "We are in a bull market and we cannot turn this around until we get another
Published 09 Dec, 2007 12:00am
CBoT wheat limit-up

CBoT wheat limit-up

Soft red winter wheat futures on the Chicago Board of Trade soared 3 percent on Friday and front months ended limit-up on dwindling global wheat stocks and strong demand, traders said.
Published 09 Dec, 2007 12:00am
Tea prices mixed on Jodia Bazaar

Tea prices mixed on Jodia Bazaar

The trading on tea side ended mixed on Jodia Bazaar here on Saturday. The following variations were noted.
Published 09 Dec, 2007 12:00am
Wheat, til rapeseed, rise on grain market

Wheat, til rapeseed, rise on grain market

Wheat prices soared on the grain market on Saturday as amid tight supplies and other items also followed the same path in process of trading, dealers added. On the cereal side, wheat old and new types was sharply higher by Rs 100 to Rs 1800-1815, they sai
Published 09 Dec, 2007 12:00am
Oil cake market rates

Oil cake market rates

Thin business was seen in the forward cottonseed oilcake market on Saturday as most of the buyers preferring to be on the sidelines on the perception of easy supply position, dealers said. The December vaida commenced with Rs 4.00 loss at Rs 594.50 and cl
Published 09 Dec, 2007 12:00am
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