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Print - 2008-11-09
US insurers can seek thrift charter to get government cash

US insurers can seek thrift charter to get government cash

US insurance companies trying to get access to government funding can apply for a bank or thrift charter at the same time as they apply for a cash infusion under the US government's $700 billion financial services rescue package, two sources briefed on th
Published 09 Nov, 2008 12:00am
Senate body assured of fair entry test system

Senate body assured of fair entry test system

The Sub-Committee of the Standing Committee of the National Assembly on Health was assured on Saturday that entry test system will be improved to overcome any mismanagement in future in the medical colleges and universities in Sindh. The sub-committee was
Published 09 Nov, 2008 12:00am
Conserving energy through 'audit'

Conserving energy through 'audit'

The Small and Medium Enterprises Development Authority (Smeda) and the National Energy Conservation Centre (Enercon) have signed an MoU in a seminal initiative aimed at promoting energy conservation in the SME sector. Under this agreement, Smeda has agree
Published 09 Nov, 2008 12:00am
Averting imported input woes of exporters

Averting imported input woes of exporters

The Federal Board of Revenue has done well to extend the period of retention of raw material, components and goods, used in the manufacturing of finished products to be exported under the Temporary Importation Scheme, from 12 months to 18 months. This has
Published 09 Nov, 2008 12:00am
Mahmoud A Haroon: an obituary

Mahmoud A Haroon: an obituary

Mahmoud A Haroon died on Thursday; he was 88. He leaves behind a daughter Ambar Haroon Saigol. Mahmoud had served as Mayor of Karachi, twice as governor of Sindh, a minister in the West Pakistan cabinet and minister of commerce, minister of interior and m
Published 09 Nov, 2008 12:00am
The role of ports and shipping in regional co-operation - II

The role of ports and shipping in regional co-operation - II

Due to non-existence of a defined ports and shipping policy this industry has remained in doldrums. It is imperative to formulate a Merchant Shipping Act and Policy of Pakistan without any delay. Pakistan must consider developing at least one of its ports
Published 09 Nov, 2008 12:00am
President-elect Obama's busy new life

President-elect Obama's busy new life

If Barack Obama thought he'd get a break after the election, reality has proven otherwise: His life as president- elect has shown to be every bit as busy as life on the gruelling campaign trail. From receiving his first intelligence briefing, to picking h
Published 09 Nov, 2008 12:00am
Family ties take root in Malaysian politics

Family ties take root in Malaysian politics

Politics often appears to be a family affair in Asia with Pakistan's Bhuttos, India's Gandhis and the Lees in Singapore; now Malaysia looks set to join the party. Najib Razak, the 55-year-old son of Malaysia's second premier and the nephew of the third, w
Published 09 Nov, 2008 12:00am
A positive outcome

A positive outcome

Quite expectedly and hopefully, Saudi Arabia has once again come out with firm and categorical assurance to help Pakistan in all possible manners to overcome its prevailing financial crisis. The assurance given at the highest level is yet another demonstr
Published 09 Nov, 2008 12:00am
Overburdened

Overburdened

Formation of the 61-member cabinet of ministers and advisers is stark reflection on the insensitiveness of the ruling party and the government to the economic crisis the nation faces today. Foreign exchange reserves are record low. Trade deficit has reach
Published 09 Nov, 2008 12:00am
Urgent need to expand tax base

Urgent need to expand tax base

The newly appointed Advisor to the Prime Minister, on Finance and Economics, Shaukat Tarin, banker by profession, has sounded optimism on the current economic situation. Current crises need good and encouraging sound bites, not the usual blame game. These
Published 09 Nov, 2008 12:00am
Olive groves on frontlines of West Bank conflict

Olive groves on frontlines of West Bank conflict

A rifle-toting Israeli soldier pointed to a dozen Palestinian farmers and their two donkeys. "They are a security risk," he said, ordering the villagers off a hillside just outside a Jewish settlement as they headed to their olive grove.
Published 09 Nov, 2008 12:00am
Sri Lankan batiks waxing lyrical in face of tough times

Sri Lankan batiks waxing lyrical in face of tough times

The cobalt blues, watermelon reds, sheer fabrics and slinky cuts of Sri Lankan batiks are vying for a spot on the world's catwalks amid a global credit crunch that may hit designer brands. Batik is the art of decorating fabric with molten wax and then dip
Published 09 Nov, 2008 12:00am
Shahbaz for stern action against pesticides adulterators

Shahbaz for stern action against pesticides adulterators

Punjab Chief Minister Mian Muhammad Shahbaz Sharif has said that provision of adulteration free pesticides to the farmers would be ensured for substantial increase of agri-production. He also said that no leniency would be shown to those engaged in the he
Published 09 Nov, 2008 12:00am
Punjab agrees to allot land for setting up 'China Town'

Punjab agrees to allot land for setting up 'China Town'

The Defence Minister, Ahmad Mukhtar has said that Punjab Chief Minister, Mian Shahbaz Sharif has agreed to provide land for setting up of 'China Towns' in the province wherein industrial units, under joint venture, would be established by the Pakistani an
Published 09 Nov, 2008 12:00am
No more 'latitude' be given to India on water issue: Elahi

No more 'latitude' be given to India on water issue: Elahi

Pakistan Muslim League-Q central leader and former Punjab chief minister, Chaudhry Pervaiz Elahi on Saturday said that India is showing stubborn attitude on water issue like Kashmir problem because it has not provided any detail after stoppage of River Ch
Published 09 Nov, 2008 12:00am
South Asian nations urged to cooperate with each other

South Asian nations urged to cooperate with each other

The South Asian countries should cooperate with each other for the achievement of Millennium Development Goals (MDGS) that challenge the world's major development problems and are expected to achieve by 2015. Students of South Asia Media School (SAMS) exp
Published 09 Nov, 2008 12:00am
All set for debate, essay competition

All set for debate, essay competition

Information Secretary Multan Board of Intermediate & Secondary Education, Dr M. Hussain has said that all necessary arrangements to organise a debate and essay competition to highlight the creative abilities of the students have been finalised on the dire
Published 09 Nov, 2008 12:00am
Two-day paediatric moot starts

Two-day paediatric moot starts

The President, International Association of Paediatrics, Dr Chok Wan Chan has said on Saturday that about 11 million children die every year before reaching the age of five. All these deaths happening globally are the sub-sequence of any tragedy of catast
Published 09 Nov, 2008 12:00am
Egypt delays Palestinian unity talks

Egypt delays Palestinian unity talks

Egypt decided on Saturday to delay Palestinian reconciliation talks it planned to host next week, an Egyptian source said, after Hamas threatened to boycott the meeting. Monday's planned talks were intended to end Hamas's conflict with the rival Fatah fac
Published 09 Nov, 2008 12:00am
Bangladesh, Myanmar build up border forces over sea row

Bangladesh, Myanmar build up border forces over sea row

Bangladesh and Myanmar reinforced troops along the border between the two countries after talks over disputed waters in the Bay of Bengal failed in Yangon, officials said on Saturday. The Bangladesh Rifles (BDR), a border force, said Myanmar had started r
Published 09 Nov, 2008 12:00am
Iraq approves minorities bill despite protest

Iraq approves minorities bill despite protest

Iraq's president and two vice presidents approved a bill on Saturday that guarantees local council seats for Christians and other minorities, though minority groups complained it gave them too few seats. The bill gives the minorities a quota of six out of
Published 09 Nov, 2008 12:00am
Suicide bombing kills eight in Iraq

Suicide bombing kills eight in Iraq

Two suicide bombers killed eight people and wounded 14 in an attack on a police headquarters just outside the western Iraqi city of Ramadi on Saturday, police said. Two police captains who saw the bombing told Reuters four of the dead were policemen and t
Published 09 Nov, 2008 12:00am
National sweeps to power in New Zealand polls

National sweeps to power in New Zealand polls

National Party leader John Key swept to power in New Zealand's election on Saturday, toppling a nine-year-old Labour government that was dogged by economic recession and political scandal. Prime Minister Helen Clark said she took responsibility for her go
Published 09 Nov, 2008 12:00am
Economists slam Ahmadinejad

Economists slam Ahmadinejad

Iran's confrontational attitude toward the rest of the world is costing the country dearly in lost trade and investment, according to a letter signed by 60 economists published on Saturday. The open letter, the latest addressed to President Mahmoud Ahmadi
Published 09 Nov, 2008 12:00am
Obama apologises to Nancy Reagan for seance quip

Obama apologises to Nancy Reagan for seance quip

US President-elect Barack Obama apologised to former first lady Nancy Reagan on Friday for making a quip about her doing seances. "President-elect Barack Obama called Nancy Reagan today to apologise for the careless and off-handed remark he made during to
Published 09 Nov, 2008 12:00am
Paloma strengthens, heads for Cuba

Paloma strengthens, heads for Cuba

Hurricane Paloma strengthened into an "extremely dangerous" Category 4 storm on Saturday as it pounded the wealthy British Caribbean territory of the Cayman Islands and headed toward storm-battered Cuba.
Published 09 Nov, 2008 12:00am
Yemen court cuts top al Qaeda militant's jail term

Yemen court cuts top al Qaeda militant's jail term

Yemen's appeal court on Saturday halved the 10-year jail term of a top al Qaeda militant who has a five-million-dollar US bounty on his head. Jaber al-Banna was convicted last year while still at large of plotting a suicide bomb attack on oil facilities i
Published 09 Nov, 2008 12:00am
India strangle Australia to gain upper hand

India strangle Australia to gain upper hand

Australia's hopes of levelling the series suffered a setback as they failed to counter India's defensive tactics in the fourth and final Test here on Saturday. The visitors were bowled out for 355 in reply to India's first-innings total of 441 on the thir
Published 09 Nov, 2008 12:00am
Inspired Nasri fires Arsenal to 2-1 victory

Inspired Nasri fires Arsenal to 2-1 victory

Arsenal responded to question marks about their ability to compete for the Premier League title with a well-deserved 2-1 win over champions Manchester United at the Emirates stadium on Saturday. Missing several first team players, including strikers Emman
Published 09 Nov, 2008 12:00am
Injury doubts cloud Masters Cup

Injury doubts cloud Masters Cup

Injury problems are threatening to overshadow the season-ending Tennis Masters Cup, which has already been rocked by the withdrawal of world number one Rafael Nadal. Roger Federer, top seed in Nadal's absence, is battling a back strain and Argentina's Jua
Published 09 Nov, 2008 12:00am
KPT regain second spot in Premier Soccer

KPT regain second spot in Premier Soccer

Karachi Port Trust (KPT) finally earned their first win in Punjab tour when they overwhelmed PEL 2-1 in the 133rd match of Pakistan Premier Soccer League at Garhi Shahue's Railway Stadium on Saturday. The win lifted KPT back to second berth after leader K
Published 09 Nov, 2008 12:00am
Former New Zealand spinner dies

Former New Zealand spinner dies

Former New Zealand test spinner Hedley Howarth has died aged 64, New Zealand Cricket said on Saturday. A reliable orthodox left-arm bowler, Howarth played 30 tests for New Zealand between 1969 and 1977, capturing 86 wickets at an average of 36.95. "Hedley
Published 09 Nov, 2008 12:00am
Wall Street jumps on bargain hunting

Wall Street jumps on bargain hunting

US stocks rose on Friday as bargain hunters scooped up shares at multiyear lows after a big drop in the October payrolls was less dire than feared. For the week, though, the indexes closed lower after an extremely volatile run since Monday's opening bell.
Published 09 Nov, 2008 12:00am
Argentina stocks, bonds sink

Argentina stocks, bonds sink

Argentine stocks and bonds fell on Friday, in line with global losses from a day earlier when the Buenos Aires bourse was closed for a bank holiday. The benchmark MerVal stocks index closed down 3.45 percent at 1,096.60, breaking a run of seven consecutiv
Published 09 Nov, 2008 12:00am
Brazil stocks rebound in volatile trade

Brazil stocks rebound in volatile trade

Brazil'stock markets rallied on Friday, as commodity stocks Petrobras and Vale rebounded and offset grim US jobs data. Sao Paulo's main stock index, the Bovespa jumped 3.05 percent to 37,470.64 points in very volatile trading, after falling for two straig
Published 09 Nov, 2008 12:00am
JGBs fall as Nikkei trims loss

JGBs fall as Nikkei trims loss

Japanese government bonds fell on Friday as Tokyo shares pared half of their losses, prompting bond investors to take profits on earlier gains and trim positions ahead of key US jobs data due later in the day. The Nikkei stock average fell 3.6 percent to
Published 09 Nov, 2008 12:00am
JGBs fall as Nikkei trims loss

JGBs fall as Nikkei trims loss

Japanese government bonds fell on Friday as Tokyo shares pared half of their losses, prompting bond investors to take profits on earlier gains and trim positions ahead of key US jobs data due later in the day. The Nikkei stock average fell 3.6 percent to
Published 09 Nov, 2008 12:00am
Canadian bond prices reverse losses

Canadian bond prices reverse losses

Canadian bond prices reversed early losses on Friday after the jobs data and finished flat to higher across the curve as nagging concerns about a global recession convinced dealers to grab hold of more secure government debt ahead of the weekend.
Published 09 Nov, 2008 12:00am
Canadian bond prices reverse losses

Canadian bond prices reverse losses

Canadian bond prices reversed early losses on Friday after the jobs data and finished flat to higher across the curve as nagging concerns about a global recession convinced dealers to grab hold of more secure government debt ahead of the weekend.
Published 09 Nov, 2008 12:00am
China bond yields fall

China bond yields fall

China's bond yields fell on Friday ahead of inflation and other economic data next week while bill yields tumbled due to expectations the central bank will boost money market liquidity in coming months. But onshore interest rate swaps bucked the trend wit
Published 09 Nov, 2008 12:00am
China bond yields fall

China bond yields fall

China's bond yields fell on Friday ahead of inflation and other economic data next week while bill yields tumbled due to expectations the central bank will boost money market liquidity in coming months. But onshore interest rate swaps bucked the trend wit
Published 09 Nov, 2008 12:00am
South Korea treasury bonds slip

South Korea treasury bonds slip

South Korean government bond prices fell sharply on Friday as the central bank delivered only a modest interest rate cut and indicated it preferred to boost liquidity to resolve the credit crunch. With the central bank pledging to inject cash to the marke
Published 09 Nov, 2008 12:00am
South Korea treasury bonds slip

South Korea treasury bonds slip

South Korean government bond prices fell sharply on Friday as the central bank delivered only a modest interest rate cut and indicated it preferred to boost liquidity to resolve the credit crunch. With the central bank pledging to inject cash to the marke
Published 09 Nov, 2008 12:00am
US Treasury debt prices fall

US Treasury debt prices fall

US Treasury debt prices fell on Friday after October jobs data that was dismal but not as dire as pessimists had feared, with firmness in the stock market also taking the shine off safe-haven government bonds. Investors had already priced into bonds their
Published 09 Nov, 2008 12:00am
US Treasury debt prices fall

US Treasury debt prices fall

US Treasury debt prices fell on Friday after October jobs data that was dismal but not as dire as pessimists had feared, with firmness in the stock market also taking the shine off safe-haven government bonds. Investors had already priced into bonds their
Published 09 Nov, 2008 12:00am
US corporate bonds: spreads steady to tighter

US corporate bonds: spreads steady to tighter

Credit bond spreads were steady to tighter on Friday as auto bonds weakened after General Motors Corp and Ford Motor Co reported quarterly losses that were worse than expected. Overall corporate bond spreads were tighter, while the main index of investmen
Published 09 Nov, 2008 12:00am
US corporate bonds: spreads steady to tighter

US corporate bonds: spreads steady to tighter

Credit bond spreads were steady to tighter on Friday as auto bonds weakened after General Motors Corp and Ford Motor Co reported quarterly losses that were worse than expected. Overall corporate bond spreads were tighter, while the main index of investmen
Published 09 Nov, 2008 12:00am
Mexico stocks amid global rally

Mexico stocks amid global rally

Mexico's stocks rose on Friday and a global rebound on investor's relief that dismal US employment data wasn't as bad as pessimists had feared. The benchmark IPC stock index gained 1.28 percent to 19,902 points, following two days of heavy losses.
Published 09 Nov, 2008 12:00am
Indian bond cash conditions improve

Indian bond cash conditions improve

Indian federal bond yields extended their retreat from two-week highs on Friday, buoyed by easy cash conditions and a fall in oil prices to 1-1/2 year lows that eased some concerns about inflation still being in double digits. At 9:47 am (0417 GMT).
Published 09 Nov, 2008 12:00am
Indian bond cash conditions improve

Indian bond cash conditions improve

Indian federal bond yields extended their retreat from two-week highs on Friday, buoyed by easy cash conditions and a fall in oil prices to 1-1/2 year lows that eased some concerns about inflation still being in double digits. At 9:47 am (0417 GMT).
Published 09 Nov, 2008 12:00am
South Korean won edges up

South Korean won edges up

The South Korean won rose slightly against the dollar on Friday as dealers said foreign exchange authorities sold dollars for the local currency and after the central bank cut interest rates. The won found support from exporters' demand for settlements an
Published 09 Nov, 2008 12:00am
Kenyan shilling unchanged

Kenyan shilling unchanged

The Kenya shilling was stable versus the dollar on Friday and dealers expect it to trade in a range in the coming week. At 1000 GMT, commercial banks traded the unit at 76.25/35 unchanged from Wednesday's close. Markets were closed on Thursday as the coun
Published 09 Nov, 2008 12:00am
IMM speculators slash US dollar bets

IMM speculators slash US dollar bets

Currency speculators pared their bets in favour of the US dollar in the latest week, data from the Commodity Futures Trading Commission showed on Friday. The value of the US dollar's net long position were cut to $5.51 billion in the week ended November 4
Published 09 Nov, 2008 12:00am
Mexican peso firms sharply

Mexican peso firms sharply

Mexico's peso firmed sharply on Friday and stocks jumped amid a rebound in emerging market assets following a steep sell-off this week on worries about the deteriorating global economy. The benchmark IPC stock index rose 2.58 percent to 20,157 points, fol
Published 09 Nov, 2008 12:00am
Indonesian bank says can meet 2008 inflation target

Indonesian bank says can meet 2008 inflation target

Indonesia should be able to achieve its year-end inflation target of 11.5-12.5 percent, Central Bank Governor Boediono said on Friday, after a decline in October's annual inflation and helped by cuts in subsidised gasoline prices. The annual inflation eas
Published 09 Nov, 2008 12:00am
Dollar retreats versus euro

Dollar retreats versus euro

The dollar dipped against most major currencies on Friday after data showed US employers cut 240,000 jobs last month, pushing the jobless rate to a 14-year high and adding more dark clouds to a gloomy economic horizon.
Published 09 Nov, 2008 12:00am
Canadian dollar ends week

Canadian dollar ends week

The Canadian dollar ended higher on Friday and snapped a two-session losing skid after data showed the Canadian economy unexpectedly added jobs in October, although many of the jobs were special hires for the October 14 federal election.
Published 09 Nov, 2008 12:00am
Taiwan dollar ends flat

Taiwan dollar ends flat

The Taiwan dollar ended nearly flat on Friday, as foreign fund inflows and local stock gains were squared off after foreign investors went on their biggest selling spree in Taiwan stocks this week. The Taiwan dollar finished at T$32.824 against the US dol
Published 09 Nov, 2008 12:00am
China to boost government investment

China to boost government investment

China will boost government investment next year to lift the country's slackening economic growth, the chief economist of the National Bureau of Statistics was quoted as saying on Saturday. Higher spending aims to lift public confidence in the face of tou
Published 09 Nov, 2008 12:00am
China export hub to spend more

China export hub to spend more

China's export hub, the Guandong province, is set for a sharp slowdown this year under the weight of the global financial crisis, prompting its government to boost public investment, a Hong Kong newspaper said on Saturday.
Published 09 Nov, 2008 12:00am
German 'wise men' forecast no growth in 2009

German 'wise men' forecast no growth in 2009

The German government's council of economic advisers will forecast zero growth for 2009, Der Spiegel news magazine reported on Saturday. In an autumn forecast to be published on Wednesday, the five-member panel, also known as the "wise men", will also pre
Published 09 Nov, 2008 12:00am
Turkey disagrees with IMF on spending: deputy Prime Minister

Turkey disagrees with IMF on spending: deputy Prime Minister

A new loan deal between Turkey and the International Monetary Fund is in doubt because of a disagreement over the level of municipality spending, Deputy Prime Minister Nazim Ekren said on Saturday. The IMF and Turkey are expected to hold further talks dur
Published 09 Nov, 2008 12:00am
General Motors and Ford losses, liquidity crunch severe

General Motors and Ford losses, liquidity crunch severe

General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the US auto industry.
Published 09 Nov, 2008 12:00am
General Motors and Ford losses, liquidity crunch severe

General Motors and Ford losses, liquidity crunch severe

General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the US auto industry.
Published 09 Nov, 2008 12:00am
Eastern European car boom is probably over: General Motors

Eastern European car boom is probably over: General Motors

A downturn in car demand will probably spill over into eastern Europe, which has been a stronger growth area than western Europe, GM Europe President Carl-Peter Forster said in a trade press interview. "This area used to be a growth area, but not any more
Published 09 Nov, 2008 12:00am
Opec says Oran meeting must verify output cuts

Opec says Oran meeting must verify output cuts

Opec's next meeting must confirm that members have made all the oil output reductions they promised before taking any more action on output levels to prop up sagging prices, Opec President Chakib Khelil said on Saturday. "We will discuss another cut, what
Published 09 Nov, 2008 12:00am
Saudi Arabia may delay Total joint venture refinery

Saudi Arabia may delay Total joint venture refinery

French oil major Total's $12-billion joint venture with Saudi Aramco could face a delay as the two firms seek to cut costs, Gulf newspaper al-Hayat reported on Saturday, quoting unidentified sources. The two firms said in June they would award all the pac
Published 09 Nov, 2008 12:00am
British car dealer in two-for-one offer

British car dealer in two-for-one offer

A British car dealer has found one way around the looming recession by offering a buy-one-get-one-free offer on new cars, a report said Saturday. Online car broker Broadspeed.com, based in Colchester near London, offered customers two Dodge Avenger SXT sa
Published 09 Nov, 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 November 10, 2008.

Published 09 Nov, 2008 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 (November 08, 2008).

Published 09 Nov, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (November 08, 2008).
Published 09 Nov, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (November 08, 2008).

Published 09 Nov, 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 (November 08, 2008).

Published 09 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 08, 2008).

Published 09 Nov, 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 (November 08, 2008).

Published 09 Nov, 2008 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 08, 2008).

Published 09 Nov, 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 (November 08, 2008).

Published 09 Nov, 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 November 10, 2008.

Published 09 Nov, 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 November 10, 2008.

Published 09 Nov, 2008 12:00am
THE RUPEE: 10 paisa fall on interbank market

THE RUPEE: 10 paisa fall on interbank market

As a result of positive measures taken by the government, bullish trend was seen on the interbank market on Saturday as the rupee gained 10 paisa against the dollar for buying and selling at 81.10 and 81.15, moneychangers said. The rupee was able to gain
Published 09 Nov, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am
''Power generation projects reactivated on war footing basis''

''Power generation projects reactivated on war footing basis''

Federal Minister for Water and Power Parvez Ashraf said here on Saturday that the Executive Committee of the National Economic Council (Ecnec) has approved Rs 17 billion for widening the Karakoram Highway (KKH) to facilitate timely completion of Bhasha Da
Published 09 Nov, 2008 12:00am
'Power generation projects reactivated on war footing basis'

'Power generation projects reactivated on war footing basis'

Federal Minister for Water and Power Parvez Ashraf said here on Saturday that the Executive Committee of the National Economic Council (Ecnec) has approved Rs 17 billion for widening the Karakoram Highway (KKH) to facilitate timely completion of Bhasha Da
Published 09 Nov, 2008 12:00am
'Power generation projects reactivated on war footing basis'

'Power generation projects reactivated on war footing basis'

Federal Minister for Water and Power Parvez Ashraf said here on Saturday that the Executive Committee of the National Economic Council (Ecnec) has approved Rs 17 billion for widening the Karakoram Highway (KKH) to facilitate timely completion of Bhasha Da
Published 09 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am
Brazil calls for overhaul of global finance

Brazil calls for overhaul of global finance

Brazil's president called on Saturday for an overhaul of the global finance system which "collapsed like a house of cards" in the credit crisis and demanded a seat at the top table for emerging economies. In the United States, President-elect Barack Obama
Published 09 Nov, 2008 12:00am
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