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Print - 2008-10-05
AirAsia considering options for privatisation

AirAsia considering options for privatisation

AirAsia, the region's largest low-cost carrier, said Saturday it is exploring "various options", following a newspaper report that it may soon be privatised. "We have continuously been exploring various options at both shareholders and company level," Kam
Published 05 Oct, 2008 12:00am
Rice in India amid hitches with nuclear pact

Rice in India amid hitches with nuclear pact

US Secretary of State Condoleezza Rice said Saturday a landmark deal lifting a ban on civilian nuclear trade with India would be inked soon after a scheduled signing during her visit here was postponed. Rice said the delay was simply the result of procedu
Published 05 Oct, 2008 12:00am
Rice in India amid hitches with nuclear pact

Rice in India amid hitches with nuclear pact

US Secretary of State Condoleezza Rice said Saturday a landmark deal lifting a ban on civilian nuclear trade with India would be inked soon after a scheduled signing during her visit here was postponed. Rice said the delay was simply the result of procedu
Published 05 Oct, 2008 12:00am
World Bank to provide $50 million to Pakistan for poverty reduction

World Bank to provide $50 million to Pakistan for poverty reduction

World Bank will provide $50 million to Pakistan for launching "Pakistan Social Protection Project" to reduce poverty and inequality and promote human capital investments among the poor families through the provision of direct monetary transfers and incent
Published 05 Oct, 2008 12:00am
World Bank to provide $50 million to Pakistan for poverty reduction

World Bank to provide $50 million to Pakistan for poverty reduction

World Bank will provide $50 million to Pakistan for launching "Pakistan Social Protection Project" to reduce poverty and inequality and promote human capital investments among the poor families through the provision of direct monetary transfers and incent
Published 05 Oct, 2008 12:00am
World Bank to provide $50 million to Pakistan for poverty reduction

World Bank to provide $50 million to Pakistan for poverty reduction

World Bank will provide $50 million to Pakistan for launching "Pakistan Social Protection Project" to reduce poverty and inequality and promote human capital investments among the poor families through the provision of direct monetary transfers and incent
Published 05 Oct, 2008 12:00am
Car sale posts 57 percent decline in first two months

Car sale posts 57 percent decline in first two months

The auto assemblers all over the world are going through a tough time as the car sale has declined in almost all countries in the first two months of FY09, mainly due to change in auto finance policies by the suppliers of funds, analysts said.
Published 05 Oct, 2008 12:00am
Car sale posts 57 percent decline in first two months

Car sale posts 57 percent decline in first two months

The auto assemblers all over the world are going through a tough time as the car sale has declined in almost all countries in the first two months of FY09, mainly due to change in auto finance policies by the suppliers of funds, analysts said.
Published 05 Oct, 2008 12:00am
Car sale posts 57 percent decline in first two months

Car sale posts 57 percent decline in first two months

The auto assemblers all over the world are going through a tough time as the car sale has declined in almost all countries in the first two months of FY09, mainly due to change in auto finance policies by the suppliers of funds, analysts said.
Published 05 Oct, 2008 12:00am
Effects of financial bailout will take time: Bush

Effects of financial bailout will take time: Bush

President George W. Bush said on Saturday that benefits from the recently passed financial bailout will take time to show up in the US economy. One day after Bush signed the $700 billion rescue package into law, he assured the public that the government w
Published 05 Oct, 2008 12:00am
Effects of financial bailout will take time: Bush

Effects of financial bailout will take time: Bush

President George W. Bush said on Saturday that benefits from the recently passed financial bailout will take time to show up in the US economy. One day after Bush signed the $700 billion rescue package into law, he assured the public that the government w
Published 05 Oct, 2008 12:00am
Effects of financial bailout will take time: Bush

Effects of financial bailout will take time: Bush

President George W. Bush said on Saturday that benefits from the recently passed financial bailout will take time to show up in the US economy. One day after Bush signed the $700 billion rescue package into law, he assured the public that the government w
Published 05 Oct, 2008 12:00am
IMF urges coordinated EU approach to crisis

IMF urges coordinated EU approach to crisis

Europe must adopt a co-ordinated approach to the financial crisis, the head of the IMF said on Saturday and warned individual countries against acting purely in their own interests.
Published 05 Oct, 2008 12:00am
IMF urges coordinated EU approach to crisis

IMF urges coordinated EU approach to crisis

Europe must adopt a co-ordinated approach to the financial crisis, the head of the IMF said on Saturday and warned individual countries against acting purely in their own interests.
Published 05 Oct, 2008 12:00am
IMF urges coordinated EU approach to crisis

IMF urges coordinated EU approach to crisis

Europe must adopt a co-ordinated approach to the financial crisis, the head of the IMF said on Saturday and warned individual countries against acting purely in their own interests.
Published 05 Oct, 2008 12:00am
European leaders vow to fight financial mayhem

European leaders vow to fight financial mayhem

European leaders vowed at the start of an emergency summit on Saturday to do what they could to fend off a financial crisis that snowballed out of Wall Street and is now hitting banks in Europe. German Chancellor Angela Merkel, keen not to be turned into
Published 05 Oct, 2008 12:00am
European leaders vow to fight financial mayhem

European leaders vow to fight financial mayhem

European leaders vowed at the start of an emergency summit on Saturday to do what they could to fend off a financial crisis that snowballed out of Wall Street and is now hitting banks in Europe. German Chancellor Angela Merkel, keen not to be turned into
Published 05 Oct, 2008 12:00am
European leaders vow to fight financial mayhem

European leaders vow to fight financial mayhem

European leaders vowed at the start of an emergency summit on Saturday to do what they could to fend off a financial crisis that snowballed out of Wall Street and is now hitting banks in Europe. German Chancellor Angela Merkel, keen not to be turned into
Published 05 Oct, 2008 12:00am
Fierce gunbattle in IoK leaves 14 dead

Fierce gunbattle in IoK leaves 14 dead

Thirteen suspected militants and an Indian soldier have been killed in one of the fiercest gun battles in recent years in Occupied Kashmir, military officials said Saturday. Major General V. Goudar said the "heavily-armed militants" and soldier had been k
Published 05 Oct, 2008 12:00am
Berlusconi graft trial suspended

Berlusconi graft trial suspended

A Milan court on Saturday formally suspended Prime Minister Silvio Berlusconi's corruption trial but petitioned the Constitutional Court over a new law protecting him from prosecution. Prosecutors had no choice but to suspend the 18-month old trial becaus
Published 05 Oct, 2008 12:00am
Berlusconi graft trial suspended

Berlusconi graft trial suspended

A Milan court on Saturday formally suspended Prime Minister Silvio Berlusconi's corruption trial but petitioned the Constitutional Court over a new law protecting him from prosecution. Prosecutors had no choice but to suspend the 18-month old trial becaus
Published 05 Oct, 2008 12:00am
Two biggest Dubai property financiers in merger talks

Two biggest Dubai property financiers in merger talks

The two largest property financiers in the booming Gulf emirate of Dubai - Amlak Finance PJSC and Tamweel PJSC - announced on Saturday that they have opened merger talks. The two firms said they had the blessing of Dubai emir Sheikh Mohammed bin Rashid al
Published 05 Oct, 2008 12:00am
Two biggest Dubai property financiers in merger talks

Two biggest Dubai property financiers in merger talks

The two largest property financiers in the booming Gulf emirate of Dubai - Amlak Finance PJSC and Tamweel PJSC - announced on Saturday that they have opened merger talks. The two firms said they had the blessing of Dubai emir Sheikh Mohammed bin Rashid al
Published 05 Oct, 2008 12:00am
Two biggest Dubai property financiers in merger talks

Two biggest Dubai property financiers in merger talks

The two largest property financiers in the booming Gulf emirate of Dubai - Amlak Finance PJSC and Tamweel PJSC - announced on Saturday that they have opened merger talks. The two firms said they had the blessing of Dubai emir Sheikh Mohammed bin Rashid al
Published 05 Oct, 2008 12:00am
Tandoor-owners to be provided Rs 28 billion subsidy

Tandoor-owners to be provided Rs 28 billion subsidy

The Punjab government has decided to provide Rs 28 billion subsidy for selling flour to Tandoor-owwners at Rs 250 per 20 kg bag The provincial government has increased price of wheat by Rs 40 per maund. According to sources, the government has started rel
Published 05 Oct, 2008 12:00am
Tandoor-owners to be provided Rs 28 billion subsidy

Tandoor-owners to be provided Rs 28 billion subsidy

The Punjab government has decided to provide Rs 28 billion subsidy for selling flour to Tandoor-owwners at Rs 250 per 20 kg bag The provincial government has increased price of wheat by Rs 40 per maund. According to sources, the government has started rel
Published 05 Oct, 2008 12:00am
Tandoor-owners to be provided Rs 28 billion subsidy

Tandoor-owners to be provided Rs 28 billion subsidy

The Punjab government has decided to provide Rs 28 billion subsidy for selling flour to Tandoor-owwners at Rs 250 per 20 kg bag The provincial government has increased price of wheat by Rs 40 per maund. According to sources, the government has started rel
Published 05 Oct, 2008 12:00am
Two US Blackhawks crash in Baghdad

Two US Blackhawks crash in Baghdad

Two US Blackhawk helicopters crashed in northern Baghdad's district of Adhamiyah late on Saturday, a US military spokesman said. At least one Iraqi army soldier was killed and four people, including two US soldiers were wounded, spokesman Lieutenant Patri
Published 05 Oct, 2008 12:00am
Two US Blackhawks crash in Baghdad

Two US Blackhawks crash in Baghdad

Two US Blackhawk helicopters crashed in northern Baghdad's district of Adhamiyah late on Saturday, a US military spokesman said. At least one Iraqi army soldier was killed and four people, including two US soldiers were wounded, spokesman Lieutenant Patri
Published 05 Oct, 2008 12:00am
38 killed in Turkish army, rebels clash

38 killed in Turkish army, rebels clash

Fifteen Turkish soldiers and 23 Kurdish rebels were killed after an audacious rebel attack near the Iraqi border, the army said Saturday, in the bloodiest skirmish in a year. The attack by Kurdistan Workers' Party (PKK) rebels on a military post is likely
Published 05 Oct, 2008 12:00am
38 killed in Turkish army, rebels clash

38 killed in Turkish army, rebels clash

Fifteen Turkish soldiers and 23 Kurdish rebels were killed after an audacious rebel attack near the Iraqi border, the army said Saturday, in the bloodiest skirmish in a year. The attack by Kurdistan Workers' Party (PKK) rebels on a military post is likely
Published 05 Oct, 2008 12:00am
Nato will fail against Taliban: British envoy

Nato will fail against Taliban: British envoy

A leaked French diplomatic cable quotes the British ambassador in Afghanistan as predicting that the Nato-led military campaign against the Taliban will fail, according to The New York Times. Not only that, but the best solution for the country will be th
Published 05 Oct, 2008 12:00am
APHC pledges to continue protest march

APHC pledges to continue protest march

In Occupied Kashmir, Chairman All Parties Hurriyat Conference (APHC), Mirwaiz Umar Farooq and senior Hurriyat leader, Syed Ali Gilani have declared that the Lal Chowk march on Monday will be held despite all restrictions by the occupation authorities.
Published 05 Oct, 2008 12:00am
The Weather

The Weather

The weather report on Saturday (October 04, 2008) and the forecast for Sunday (October 05, 2008).

Published 05 Oct, 2008 12:00am
APHC pledges to continue protest march

APHC pledges to continue protest march

In Occupied Kashmir, Chairman All Parties Hurriyat Conference (APHC), Mirwaiz Umar Farooq and senior Hurriyat leader, Syed Ali Gilani have declared that the Lal Chowk march on Monday will be held despite all restrictions by the occupation authorities.
Published 05 Oct, 2008 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (September 1 to 30, 2008)

Published 05 Oct, 2008 12:00am
5,000 Afghan DPs leave Bajaur

5,000 Afghan DPs leave Bajaur

The repatriation of Afghans has begun from Bajaur Agency after the administration announced a ban on their entry in the area and warned them to leave the agency within three days. More than 5,000 Afghan refugees along with their livestock left the area an
Published 05 Oct, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
5,000 Afghan DPs leave Bajaur

5,000 Afghan DPs leave Bajaur

The repatriation of Afghans has begun from Bajaur Agency after the administration announced a ban on their entry in the area and warned them to leave the agency within three days. More than 5,000 Afghan refugees along with their livestock left the area an
Published 05 Oct, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (October 04, 2008) and for Sunday (October 05, 2008).
Published 05 Oct, 2008 12:00am
Bolivia bars US drug agency from its skies

Bolivia bars US drug agency from its skies

President Evo Morales said Saturday he has rejected a request from the US Drug Enforcement Administration (DEA) to fly over Bolivian territory, and alleged that such flights were a cover for US spying. "Two or three days ago I was told we had a DEA reques
Published 05 Oct, 2008 12:00am
Bolivia bars US drug agency from its skies

Bolivia bars US drug agency from its skies

President Evo Morales said Saturday he has rejected a request from the US Drug Enforcement Administration (DEA) to fly over Bolivian territory, and alleged that such flights were a cover for US spying. "Two or three days ago I was told we had a DEA reques
Published 05 Oct, 2008 12:00am
Bolivia bars US drug agency from its skies

Bolivia bars US drug agency from its skies

President Evo Morales said Saturday he has rejected a request from the US Drug Enforcement Administration (DEA) to fly over Bolivian territory, and alleged that such flights were a cover for US spying. "Two or three days ago I was told we had a DEA reques
Published 05 Oct, 2008 12:00am
Thousands rally in London to end child poverty

Thousands rally in London to end child poverty

Thousands gathered in London''s Trafalgar Square on Saturday to urge the British government to commit more money to tackling child poverty, which it has promised to end by 2020. Organisers said 10,000 people - police estimated 4-5,000 - attended the rally
Published 05 Oct, 2008 12:00am
Thousands rally in London to end child poverty

Thousands rally in London to end child poverty

Thousands gathered in London's Trafalgar Square on Saturday to urge the British government to commit more money to tackling child poverty, which it has promised to end by 2020. Organisers said 10,000 people - police estimated 4-5,000 - attended the rally
Published 05 Oct, 2008 12:00am
Thousands rally in London to end child poverty

Thousands rally in London to end child poverty

Thousands gathered in London's Trafalgar Square on Saturday to urge the British government to commit more money to tackling child poverty, which it has promised to end by 2020. Organisers said 10,000 people - police estimated 4-5,000 - attended the rally
Published 05 Oct, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
IAEA calls for non-nuclear Middle East

IAEA calls for non-nuclear Middle East

The UN nuclear assembly on Saturday passed a resolution urging all Middle East nations to renounce atom bombs in a vote most Arabs boycotted over amendments they felt took pressure off Israel. The rare vote was 82-0 with 13 abstentions after days of wrang
Published 05 Oct, 2008 12:00am
Wheat price at historic high of Rs 2,800 per 100kg

Wheat price at historic high of Rs 2,800 per 100kg

Price of wheat grain on Saturday surged to historic high of Rs 2,800 per 100kg sack due to supply of the commodity to the flourmills being disrupted during the Eid holidays, traders said. The government''s decision of fixing the minimum wheat support pric
Published 05 Oct, 2008 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Wheat price at historic high of Rs 2,800 per 100kg

Wheat price at historic high of Rs 2,800 per 100kg

Price of wheat grain on Saturday surged to historic high of Rs 2,800 per 100kg sack due to supply of the commodity to the flourmills being disrupted during the Eid holidays, traders said. The government's decision of fixing the minimum wheat support price
Published 05 Oct, 2008 12:00am
Wheat price at historic high of Rs 2,800 per 100kg

Wheat price at historic high of Rs 2,800 per 100kg

Price of wheat grain on Saturday surged to historic high of Rs 2,800 per 100kg sack due to supply of the commodity to the flourmills being disrupted during the Eid holidays, traders said. The government's decision of fixing the minimum wheat support price
Published 05 Oct, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
German bank announces collapse of $48 billion rescue

German bank announces collapse of $48 billion rescue

German bank Hypo Real Estate (HRE) announced Saturday that a planned 35 billion euro (48 billion dollar) rescue had collapsed after the banking consortium involved pulled out of the deal. The rescue bid was the biggest in German history and came after HRE
Published 05 Oct, 2008 12:00am
German bank announces collapse of $48 billion rescue

German bank announces collapse of $48 billion rescue

German bank Hypo Real Estate (HRE) announced Saturday that a planned 35 billion euro (48 billion dollar) rescue had collapsed after the banking consortium involved pulled out of the deal. The rescue bid was the biggest in German history and came after HRE
Published 05 Oct, 2008 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
German bank announces collapse of $48 billion rescue

German bank announces collapse of $48 billion rescue

German bank Hypo Real Estate (HRE) announced Saturday that a planned 35 billion euro (48 billion dollar) rescue had collapsed after the banking consortium involved pulled out of the deal. The rescue bid was the biggest in German history and came after HRE
Published 05 Oct, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Pakistan seeks Chinese investment in cement sector

Pakistan seeks Chinese investment in cement sector

In a major move to encourage Chinese investment, Pakistan has approached the Chinese firms to encourage investment in the cement sector by establishing new plants in the country. Sources told Business Recorder on Saturday that the issue of new Chin
Published 05 Oct, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Pakistan seeks Chinese investment in cement sector

Pakistan seeks Chinese investment in cement sector

In a major move to encourage Chinese investment, Pakistan has approached the Chinese firms to encourage investment in the cement sector by establishing new plants in the country. Sources told Business Recorder on Saturday that the issue of new Chin
Published 05 Oct, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Pakistan seeks Chinese investment in cement sector

Pakistan seeks Chinese investment in cement sector

In a major move to encourage Chinese investment, Pakistan has approached the Chinese firms to encourage investment in the cement sector by establishing new plants in the country. Sources told Business Recorder on Saturday that the issue of new Chin
Published 05 Oct, 2008 12:00am
THE RUPEE: dollar goes up on interbank market

THE RUPEE: dollar goes up on interbank market

Downward trend continued on the interbank market at the weekend as the rupee lost 15 paisa against dollar for buying at 78.45 and it also shed 10 paisa for selling at 78.50, currency experts added. The rupee was not able to come out of the bottom side due
Published 05 Oct, 2008 12:00am
THE RUPEE: dollar goes up on interbank market

THE RUPEE: dollar goes up on interbank market

Downward trend continued on the interbank market at the weekend as the rupee lost 15 paisa against dollar for buying at 78.45 and it also shed 10 paisa for selling at 78.50, currency experts added. The rupee was not able to come out of the bottom side due
Published 05 Oct, 2008 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 Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from October 06, 2008.

Published 05 Oct, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from October 06, 2008.

Published 05 Oct, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from October 06, 2008.

Published 05 Oct, 2008 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (October 04, 2008).

Published 05 Oct, 2008 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 Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (October 04, 2008).

Published 05 Oct, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (October 04, 2008).
Published 05 Oct, 2008 12:00am