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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-06-05
Bank of England to keep rates on hold to combat inflation

Bank of England to keep rates on hold to combat inflation

The Bank of England was expected to keep interest rates at 5.0 percent on Thursday to combat inflation driven by soaring oil and food prices despite concerns over slowing growth and the housing market, analysts said.
Published 05 Jun, 2008 12:00am
Mullen holds anti-terror talks with Kayani

Mullen holds anti-terror talks with Kayani

US military chief Admiral Mike Mullen held counter-terrorism talks with Pakistani army top brass on Wednesday, two days after a suicide bomb killed six people in the capital, officials said. Mullen met General Ashfaq Kayani for a second time following his
Published 05 Jun, 2008 12:00am
Alitalia shares halted, loan at risk from EU

Alitalia shares halted, loan at risk from EU

Italy's bourse has suspended indefinitely trade in Alitalia after the government began a third attempt to sell the ailing carrier, and a report said a state loan to the airline may be illegitimate.
Published 05 Jun, 2008 12:00am
Alitalia shares halted, loan at risk from EU

Alitalia shares halted, loan at risk from EU

Italy's bourse has suspended indefinitely trade in Alitalia after the government began a third attempt to sell the ailing carrier, and a report said a state loan to the airline may be illegitimate.
Published 05 Jun, 2008 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 05 Jun, 2008 12:00am
Only one session on Friday: KSE

Only one session on Friday: KSE

The Karachi Stock Exchange management has decided to have one trading session only instead of two sessions on Friday ie from 09:30am to 01:30pm with effect from June 6, 2008. A decision to this effect was taken in view of the government directive for adva
Published 05 Jun, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jun, 2008 12:00am
48,095-kg pulses seized at QICT

48,095-kg pulses seized at QICT

The Directorate General, Intelligence and Investigation (DGI&I) of the Federal Board of Revenue (FBR), Karachi, has seized around 48,095-kg pulses export consignment, which was deliberately declared as chewing gum shipment to obtain bogus rebates. The gov
Published 05 Jun, 2008 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 05 Jun, 2008 12:00am
ISE index gains 140.65 points

ISE index gains 140.65 points

The Islamabad Stock Exchange (ISE) celebrated extension in capital gains tax (CGT) exemption on capital market where leading brokerage houses and market players injected fresh investment in hot favourite stocks amid increase in index.
Published 05 Jun, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 05 Jun, 2008 12:00am
ISE index gains 140.65 points

ISE index gains 140.65 points

The Islamabad Stock Exchange (ISE) celebrated extension in capital gains tax (CGT) exemption on capital market where leading brokerage houses and market players injected fresh investment in hot favourite stocks amid increase in index.
Published 05 Jun, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
LSE index gains 201.24 points

LSE index gains 201.24 points

Bull-run has continued for the third consecutive session on the Lahore Stock Exchange (LSE) where share values recorded widespread gains on Wednesday on the back of positive developments about the capital gain tax (CGT) which helped the market add 5 perce
Published 05 Jun, 2008 12:00am
LSE index gains 201.24 points

LSE index gains 201.24 points

Bull-run has continued for the third consecutive session on the Lahore Stock Exchange (LSE) where share values recorded widespread gains on Wednesday on the back of positive developments about the capital gain tax (CGT) which helped the market add 5 perce
Published 05 Jun, 2008 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 05 Jun, 2008 12:00am
Asif to remain in detention

Asif to remain in detention

Pakistan paceman Mohammad Asif is set to remain in detention in Dubai for several more days while authorities conduct tests on a substance found in his possession, officials here said Wednesday. The 25-year-old fast bowler was held at Dubai airport on Sun
Published 05 Jun, 2008 12:00am
Sohail replaces Asif

Sohail replaces Asif

Promising fast-bowler Sohail Khan was named as replacement for Mohammad Asif in Pakistan's squad for the tri-nation series in Bangladesh, the chief selector said Wednesday. Paceman Asif remains in detention in Dubai on charges of possessing an illegal sub
Published 05 Jun, 2008 12:00am
Safina joins

Safina joins

Russian 13th seed Dinara Safina defeated compatriot, and seventh seed, Elena Dementieva 4-6, 7-6 (7/5), 6-0 to reach the French Open semi-finals on Wednesday. Safina will face fellow Russian Svetlana Kuznetsova for a place in Saturday's final.
Published 05 Jun, 2008 12:00am
Watson replaces Hayden in Australia one-day squad

Watson replaces Hayden in Australia one-day squad

Australian all-rounder Shane Watson will replace injured opening batsman Matthew Hayden in the upcoming one-day series in the West Indies, Cricket Australia said Wednesday. Chairman of selectors Andrew Hilditch said Watson was an exciting replacement for
Published 05 Jun, 2008 12:00am
Warne rules out Test comeback

Warne rules out Test comeback

Australian spin legend Shane Warne said Wednesday he was "happily retired' from Test cricket and had no intention of staging a dramatic comeback. Warne was responding to speculation that he would be tempted back into bamboozling the world's top batsmen by
Published 05 Jun, 2008 12:00am
Inzamam signs up for Hong Kong Sixes

Inzamam signs up for Hong Kong Sixes

Pakistan batting legend Inzamam-ul-Haq is the latest big name to sign up for the Hong Kong Sixes tournament, organisers said Wednesday. The former Pakistan skipper - who hammered 25 Test centuries in a stellar 15-year career - has confirmed he will take p
Published 05 Jun, 2008 12:00am
Porto kicked out of Champions League over match-fixing

Porto kicked out of Champions League over match-fixing

Portuguese champions FC Porto have been barred from competing in next season's Champions League over a match-fixing scandal, Europen football's governing body UEFA said on Wednesday. Last month, Porto were found guilty by the Portuguese league of fixing t
Published 05 Jun, 2008 12:00am
Consistent England on verge of landmark

Consistent England on verge of landmark

England captain Michael Vaughan announced an unchanged side here Wednesday for the third and final Test against New Zealand, a decision that means they are on the brink of equalling a record that has stood for over 100 years. Not since 1884/85 in Australi
Published 05 Jun, 2008 12:00am
Swiss franc ends flat

Swiss franc ends flat

The Swiss franc was near flat on Wednesday as support for the dollar from comments by Federal Reserve Chairman Ben Bernanke dwindled. "The economic problems in the US are still there, the situation itself has not changed," said Clariden Leu analyst Sandro
Published 05 Jun, 2008 12:00am
Risk aversion hits Asian currencies

Risk aversion hits Asian currencies

Most Asian currencies fell against a stronger dollar on Wednesday, with the Philippine peso the biggest loser, after Fed chief Ben Bernanke commented that a weak US currency would increase inflationary risks. The Philippine peso fell by half a percent to
Published 05 Jun, 2008 12:00am
Australian dollar rebounds

Australian dollar rebounds

The Australian dollar bounced from three-week lows against the US dollar on Wednesday after robust first-quarter growth data revived speculation that interest rates would be need to be raised in coming months. Australia's economy expanded by 0.6 percent i
Published 05 Jun, 2008 12:00am
Bernanke inflation risk comments ignite dollar rally

Bernanke inflation risk comments ignite dollar rally

The dollar surged on Tuesday after Federal Reserve Chairman Ben Bernanke warned the weak US currency posed a risk to inflation, adding to views the central bank could raise interest rates later this year.
Published 05 Jun, 2008 12:00am
Dollar drifts after surge on Bernanke warning

Dollar drifts after surge on Bernanke warning

The dollar drifted on Wednesday, holding big gains against the euro and other major currencies racked up the previous day when Federal Reserve Chairman Ben Bernanke issued an explicit warning about the inflationary threat from a weak US currency.
Published 05 Jun, 2008 12:00am
Yuan slips versus dollar in spot

Yuan slips versus dollar in spot

The yuan, which had hit new post-revaluation highs against the dollar for two straight days, retreated on Wednesday after the US currency staged a rebound in global markets. The Chinese currency swung widely in the spot market, hitting an intra-day low of
Published 05 Jun, 2008 12:00am
Indian shares slide after fuel price hike

Indian shares slide after fuel price hike

Indian share prices fell 2.81 percent on Wednesday as India's government hiked fuel prices to stem huge losses at state oil firms caused by surging global crude costs, dealers said. They said sentiment was hit by concern over global trends and expectation
Published 05 Jun, 2008 12:00am
Jakarta stocks slump

Jakarta stocks slump

Indonesian shares closed 1.7 percent lower on Wednesday with fears of negative regional sentiment triggering late selling, dealers said. The Jakarta Composite Index closed down 41.22 points at 2,362.59 on volume of 4.08 billion shares worth 4.39 trillion
Published 05 Jun, 2008 12:00am
Tokyo stocks up 1.6 percent, driven by Honda

Tokyo stocks up 1.6 percent, driven by Honda

Japan's Nikkei stock average rose 1.6 percent on Wednesday, powered by Honda Motor Co on strong US sales and by Fast Retailing Co Ltd, which shot to its greatest one-day gain in more than four years. Sony Corp and other exporters rose on a slightly strong
Published 05 Jun, 2008 12:00am
Vietnam stocks slips below 400 points

Vietnam stocks slips below 400 points

Vietnam's official stocks index fell below the 400-point benchmark on Wednesday, representing a fall of almost two thirds from its peak and continuing a non-stop decline since early May, dealers said. The VN Index at the Ho Chi Minh City Stock Exchange (H
Published 05 Jun, 2008 12:00am
Philippines shares decline

Philippines shares decline

Philippines share prices closed down 0.3 percent on Wednesday amid caution ahead of the release of May inflation data that could force the central bank to raise interest rates, dealers said. The May consumer price index will be released on Thursday, a few
Published 05 Jun, 2008 12:00am
China stocks drop 1.9 percent

China stocks drop 1.9 percent

Chinese stocks dropped on Wednesday, led by China United Telecommunications, which tumbled in the wake of a restructuring announcement by Hong Kong-listed affiliate China Unicom. The benchmark Shanghai Composite Index closed down 1.93 percent at 3,369.913
Published 05 Jun, 2008 12:00am
US Treasury prices rally

US Treasury prices rally

Credit market fears stoked a safe-haven bid for Treasuries on Tuesday in a see-saw session where bonds first succumbed to inflation worries, but then rallied on fears about the banking sector.
Published 05 Jun, 2008 12:00am
US Treasury prices rally

US Treasury prices rally

Credit market fears stoked a safe-haven bid for Treasuries on Tuesday in a see-saw session where bonds first succumbed to inflation worries, but then rallied on fears about the banking sector.
Published 05 Jun, 2008 12:00am
Taiwan stocks slightly firmer

Taiwan stocks slightly firmer

Taiwan stocks closed 0.56 percent higher on Wednesday, rebounding from a two-month low on bullish earnings forecasts from PC makers such as Acer. The main TAIEX share index was up 48.37 points to 8,627.80, after dropping to its lowest close since April 1
Published 05 Jun, 2008 12:00am
Credit concerns send US stocks lower

Credit concerns send US stocks lower

US stocks fell for a second day on Tuesday after a report that Lehman Brothers may have to raise more capital compounded recent worries the financial sector faces another round of big losses from the credit crisis. Major indexes managed to finish the day
Published 05 Jun, 2008 12:00am
Hong Kong shares fall

Hong Kong shares fall

Hong Kong stocks fell 1 percent in volatile trade on Wednesday, led by shares in Chinese telecom companies, oil producer CNOOC and coal stocks. China Unicom dropped 4.3 percent as analysts were bearish about the earnings prospects at the proposed China Un
Published 05 Jun, 2008 12:00am
UAL shrinks business, cuts staff to offset fuel

UAL shrinks business, cuts staff to offset fuel

UAL Corp, parent of United Airlines, will slash its domestic capacity and its labour force, following similar cuts by rivals, as the industry grapples with soaring fuel costs and a weakening economy, the company said on Wednesday. The move, an extension o
Published 05 Jun, 2008 12:00am
Campaigners back poor states on food export bans

Campaigners back poor states on food export bans

Anti-poverty campaigners called on Wednesday for developing countries to be allowed to impose food export bans as they see fit, contradicting world leaders who want trade barriers reduced to cope with the global food crisis.
Published 05 Jun, 2008 12:00am
Eurozone retail sales fall

Eurozone retail sales fall

Eurozone retail trade fell more than expected in April in another sign of slowing economic growth as expensive oil and food hit consumers' spending power, boosting the case for interest rates to be kept on hold or cut.
Published 05 Jun, 2008 12:00am
Food summit seeks 'green revolution' for Africa

Food summit seeks 'green revolution' for Africa

A UN summit on the global food crisis asked rich nations on Wednesday to help "revolutionise" farming in Africa and the developing world to produce more food for nearly 1 billion people facing hunger.
Published 05 Jun, 2008 12:00am
OECD slashes growth forecast, warns of slowdown

OECD slashes growth forecast, warns of slowdown

The OECD slashed its growth forecast for the world's industrialised powers on Wednesday, warning of several lacklustre quarters ahead despite signs that financial market upheavals may have "passed their peak."
Published 05 Jun, 2008 12:00am
Czech President slams euro and ECB

Czech President slams euro and ECB

Czech President Czech Vaclav Klaus launched a belated birthday attack on the European Central Bank (ECB) and the euro on Wednesday, describing them as a piece of "political engineering par excellence" that had failed to fulfil their promises.
Published 05 Jun, 2008 12:00am
Malaysia revamps energy price system

Malaysia revamps energy price system

Malaysia announced on Wednesday a broad overhaul of its energy price system, sharply raising fuel and gas prices but taxing palm oil and power producers in a move that would drive inflation to a 10-year high. The reforms would save the government 13.7 bil
Published 05 Jun, 2008 12:00am
UAE has no plan to revalue dirham

UAE has no plan to revalue dirham

The United Arab Emirates has no plan to drop its peg to the US dollar or revalue its currency, the country's central bank governor said in remarks published on Wednesday. Sultan Nasser al-Suweidi said the decision was based on safeguarding the national in
Published 05 Jun, 2008 12:00am
India raises fuel prices by 10 percent

India raises fuel prices by 10 percent

India raised petrol and diesel prices by about 10 percent on Wednesday, its biggest increase in 12 years, curbing losses at its state-owned refiners but likely driving inflation to a 13-year high and triggering a political backlash. Malaysia also said it
Published 05 Jun, 2008 12:00am
US services and private sector jobs up

US services and private sector jobs up

The US economy showed signs of resilience on Wednesday as the service sector and private employment posted surprising gains for May, but rising inflation pressures cast a shadow over the optimistic figures.
Published 05 Jun, 2008 12:00am
Mortgage applications index hits six-year low

Mortgage applications index hits six-year low

US mortgage applications fell for a third consecutive week, reaching its lowest level in over six years as demand for home refinancing loans plunged, an industry group said on Wednesday.
Published 05 Jun, 2008 12:00am
No one country can set the price of oil: Saudi minister

No one country can set the price of oil: Saudi minister

No one country has the power to set the price of oil as various factors are responsible, Saudi Defence Minister Prince Sultan bin Abdul Aziz said in an interview published Wednesday. "No single country, not even our own despite our production capacity, ha
Published 05 Jun, 2008 12:00am
Oil will not fall below $100 per barrel

Oil will not fall below $100 per barrel

Rising emerging market demand will hold oil prices above $100 per barrel for the forseeable future, the co-president of Morgan Stanley, one of Wall Street's largest oil traders, said in a Russian newspaper on Wednesday.
Published 05 Jun, 2008 12:00am
Subprime debacle may spark two-year credit recession

Subprime debacle may spark two-year credit recession

A "credit recession" sparked by the US housing market downturn and excesses in structured finance may last more than two years, and the financial sector will undergo "massive consolidation," two leading Wall Street strategists said on Wednesday.
Published 05 Jun, 2008 12:00am
Malaysian palm oil futures dive

Malaysian palm oil futures dive

Malaysian crude palm oil futures fell 2.6 percent on Wednesday as losses in the US crude oil market pushed investors to sell vegetable oils, heightening concerns of a demand slowdown.
Published 05 Jun, 2008 12:00am
USDA to add cotton price forecasts to WASDE report

USDA to add cotton price forecasts to WASDE report

Cotton price forecasts will be added to the June 10 World Agricultural Supply and Demand Estimates (WASDE) report since a ban on publishing the predictions has been lifted, the US Agriculture Department (USDA) said on Tuesday. The Food, Conservation, and
Published 05 Jun, 2008 12:00am
New York sugar sinks

New York sugar sinks

Raw sugar futures crumbled from investor liquidation and weak commodity markets to finish at a six-month low Tuesday, but analysts feel the market may need to consolidate for now, brokers said. The key raw July sugar contract sank 0.60 cent or 5.7 percent
Published 05 Jun, 2008 12:00am
US copper futures down

US copper futures down

US copper futures settled lower on Tuesday as sellers maintained their hold over the market amid a stronger tone in the dollar and worries about sluggish Chinese demand prospects, analysts said. Copper for July delivery closed down 1.85 cents at $3.5780 a
Published 05 Jun, 2008 12:00am
Thai rice prices fall

Thai rice prices fall

Rice prices in Thailand, the world's biggest exporter, fell more than 8 percent from a week ago on Wednesday, the latest sign of easing concerns about shortages of Asia's staple food.
Published 05 Jun, 2008 12:00am
Gold loses in Asia

Gold loses in Asia

Gold extended losses on Wednesday as the US dollar held gains against other currencies, reducing the metal's appeal as an alternative investment, but the fall was cushioned after oil steadied from a more than $3 drop the previous day.
Published 05 Jun, 2008 12:00am
Indonesian palm oil prices ease

Indonesian palm oil prices ease

Indonesian palm oil prices eased on Wednesday, hit by losses in Malaysia. The state marketing centre in Jakarta failed to sell 8,000 tonnes of crude palm oil due to low bids. The centre, which sells palm oil from state plantations offered crude palm oil a
Published 05 Jun, 2008 12:00am
Tokyo rubber futures down

Tokyo rubber futures down

Tokyo rubber futures slipped 1 percent on Wednesday as weaker oil prices and falls in other commodities triggered stop-loss selling, but the market retained underlying support, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange fo
Published 05 Jun, 2008 12:00am
US rice gains

US rice gains

US rice futures on the Chicago Board of Trade closed higher on Tuesday on a mild rebound from their recent price fall, bucking the weak trend in the other Chicago grains, traders said. Rice prices have slipped over the past month on signs global rice supp
Published 05 Jun, 2008 12:00am
US gold futures down

US gold futures down

US gold futures ends more than one percent lower on Tuesday as a stronger dollar and broad-based commodity weakness send bullion briefly below $880 an ounce.
Published 05 Jun, 2008 12:00am
Malaysian tin ends flat

Malaysian tin ends flat

Malaysian tin ended unchanged on Wednesday due to a technical correction against London Metal Exchange prices, which moved higher, one dealer said.
Published 05 Jun, 2008 12:00am
Oil extends losses in Asia

Oil extends losses in Asia

Oil fell below $124 on Wednesday ahead of US data and as India raised its fuel prices in response to record oil prices, extending losses one day after prices slid almost 3 percent on the back of a rallying dollar. US light crude for July delivery fell 90
Published 05 Jun, 2008 12:00am
Poor purchasing power keeps buyers away

Poor purchasing power keeps buyers away

Fall in consumers' purchasing power kept the players away from the grain market on Wednesday, dealers said. Sellers at the wholesale market said that sharp rise in the staple food items, made the common man vulnerable as they need of basic commodities but
Published 05 Jun, 2008 12:00am
Solo deal in steady trend on cotton market

Solo deal in steady trend on cotton market

Firmness prevailed on the cotton market on Wednesday as leading buyers were on the sidelines due to higher trend in the prices, experts said. The Karachi cotton Association (KCA) official spot rate was unchanged at Rs 3700, dealers said. According to the
Published 05 Jun, 2008 12:00am
Oil cake market rates

Oil cake market rates

Downwards trend was seen on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The July vaida opened with Re.1 fall at Rs 802.00 and closing was seen at the same rate, they said.

Published 05 Jun, 2008 12:00am
KCBT wheat futures sharply lower

KCBT wheat futures sharply lower

Hard red winter wheat futures on the Kansas City Board of Trade ended sharply lower on Tuesday in profit-taking and amid pressure from moves by the CFTC to more closely scrutinise market activity.
Published 05 Jun, 2008 12:00am
FOB Gulf soft wheat export premiums fall sharply

FOB Gulf soft wheat export premiums fall sharply

US FOB Gulf soft wheat export premiums fell sharply for a second day on Tuesday, pressured by the advancing harvest of a large crop and little export demand, traders said. Corn export premiums were steady to higher, helped by a downturn in futures prices
Published 05 Jun, 2008 12:00am
Ukraine grain exports jump in May

Ukraine grain exports jump in May

Ukraine's grain exports jumped to 857,000 tonnes in May from 308,200 in April after the government cancelled export restrictions, a top analyst said on Wednesday. UkrAgroConsult agriculture consultancy said in a report the volume included 140,000 tonnes o
Published 05 Jun, 2008 12:00am
Canadian canola weaker

Canadian canola weaker

Canadian canola futures ended weaker on Tuesday in sympathy with late pressure in allied US markets, but trade was thin and subdued amid a continued lack of export buying of canola, traders said. "We're still overvalued and there's no export business," a
Published 05 Jun, 2008 12:00am
US Midwest bids for soya rise; corn unchanged

US Midwest bids for soya rise; corn unchanged

Spot basis bids for soyabeans rose around the US Midwest on Tuesday amid slow farmer selling while corn bids were mostly unchanged around the interior, grain dealers said. Some farmers in northern Ohio were booking light sales of corn to clear room in the
Published 05 Jun, 2008 12:00am
Indian sugar futures fall

Indian sugar futures fall

Indian sugar futures dropped on Wednesday as annual monsoon rains lowered demand from bulk users like ice-cream and beverage makers. The four-month monsoon hit the south-western state of Kerala over the weekend and advanced to most parts of Andhra Pradesh
Published 05 Jun, 2008 12:00am
US corn futures down

US corn futures down

US corn futures closed lower on Tuesday following news from the CFTC that it would improve oversight and regulation of futures trading, traders said. A decline in crude oil, a firm dollar and outlooks for warmer weather in the US that should buoy corn con
Published 05 Jun, 2008 12:00am
CBOT wheat futures plunge four to five percent

CBOT wheat futures plunge four to five percent

US wheat futures plunged 4 to 5 percent on Tuesday after the US futures industry regulator announced steps to increase oversight on commodity futures trading, traders said. The moves by the Commodity Futures Trading Commission triggered long liquidation i
Published 05 Jun, 2008 12:00am
Rotterdam port sees biofuels flows rising in 2008

Rotterdam port sees biofuels flows rising in 2008

Flows of biofuels through Europe's biggest port of Rotterdam look set to increase further in 2008 based on traffic in the first four months of the year, a business developer for the port said on Wednesday.
Published 05 Jun, 2008 12:00am
Ethiopia coffee earns $403 million during July-April

Ethiopia coffee earns $403 million during July-April

Ethiopia exported over 133,000 tonnes of coffee during the first 10 months of 2007/08, earning $403 million, a top trade ministry official has said. Gizachew Wubale of the Export Promotion Department told Reuters in an interview that although export volum
Published 05 Jun, 2008 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 70,064 tonnes of cargo including 34,036 tonnes of import, 36,028 tonnes of export cargo and 4,156 loaded and empty containers (TEUs) during last 24 hours ended at 0700 hours on Wednesday. The cargoes comprised of 70,064 tonnes of
Published 05 Jun, 2008 12:00am
Message from Ambassador of Italy in Pakistan

Message from Ambassador of Italy in Pakistan

On the eve of the Italian National Day I would like to celebrate - with the Italians leaving in Pakistan and with our Pakistani friends and with the friends from other countries who want to join us in this moment of joy - the 62 nd anniversary of the Ital
Published 05 Jun, 2008 12:00am
Message from Consul General of Italy

Message from Consul General of Italy

I am sincerely happy to address the readers of this esteemed newspaper both Pakistanis and the Italian citizens living here on the auspicious occasion of the national day of Italy. In celebrating it I would like to take this opportunity to express my grat
Published 05 Jun, 2008 12:00am
Economy of Italy

Economy of Italy

According to GDP calculations, Italy was ranked as the seventh largest economy in the world in 2006, behind the United States, Japan, Germany, China, UK, and France, and the fourth largest in Europe. According to the OECD, in 2004 Italy was the world's si
Published 05 Jun, 2008 12:00am
Gadoon Textile Mills - Leading the way

Gadoon Textile Mills - Leading the way

Gadoon Textile Mills Limited (GTML) was incorporated in 1988 as a public limited company, listed on Karachi and Islamabad stock exchanges. The Company is principally engaged in the manufacture and sale of yarn. GTML is a group company of Yunus Brothers, o
Published 05 Jun, 2008 12:00am
SAF Group of Companies

SAF Group of Companies

SAF Group of Companies since years have now become one of the leading names in the field of industrial activities to support customers with its qualified way of management, knowledge of engineering and excellent methods for the marketing of industrial ser
Published 05 Jun, 2008 12:00am
New Holland, a leading brand of agricultural equipment

New Holland, a leading brand of agricultural equipment

New Holland is a global leader in the agricultural equipment business part of CNH, relying on over 100 years of leadership and bringing together the heritage of many brands that have made agricultural history. From Fiat, Ford and New Holland to Claeys and
Published 05 Jun, 2008 12:00am
Italy: prehistory to Roman Empire

Italy: prehistory to Roman Empire

Excavations throughout Italy reveal a modern human presence dating back to the Palaeolithic period some 200,000 years ago. In the 8th and 7th centuries BC Greek colonies were established all along Sicily and the southern part of the Italian Peninsula.
Published 05 Jun, 2008 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 05 Jun, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Corporate governance guide for family-owned companies launched

Corporate governance guide for family-owned companies launched

"Today Pakistan has become the first country in Asia having formally introduced a corporate governance guidebook for family-owned companies, which has been developed through extensive private sector dialogue and input".
Published 05 Jun, 2008 12:00am
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