News Archives for Print - 2009-01-18

Print - 2009-01-18

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 (January 17, 2009).

Published 18 Jan, 2009 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (January 17, 2009).

Published 18 Jan, 2009 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (January 17, 2009).

Published 18 Jan, 2009 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (January 17, 2009).

Published 18 Jan, 2009 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (January 17, 2009).

Published 18 Jan, 2009 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (January 17, 2009).

Published 18 Jan, 2009 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm

Published 18 Jan, 2009 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 18 Jan, 2009 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 18 Jan, 2009 12:00am

Mission Statement

By utilising the top professors of the country to develop and deliver hand-crafted courses, Virtual University of Pakistan aims at providing the very best education to not only its own students but also to all other aspirants across the country, thereby a

Published 18 Jan, 2009 12:00am

Education for Pakistanis abroad

Virtual University of Pakistan has extended its services to foreign countries in order to provide opportunity to overseas Pakistanis and their children to seek admission into its degree programs. Admission requirements, rules and regulations remain the sa

Published 18 Jan, 2009 12:00am

Mode of Education

The Virtual University of Pakistan delivers education through a judicious combination of broadcast television and the Internet. By identifying and utilising the best Professors and domain experts of the country, regardless of their institutional affiliati

Published 18 Jan, 2009 12:00am

Quality of Virtual University programs

Quality is the main ingredient of every Virtual University program. The Virtual University of Pakistan has charter from the Federal Government with permission to operate nation-wide as well as internationally. The President of Pakistan is the Chancellor o

Published 18 Jan, 2009 12:00am

US Midwest corn steady to firm, soybean steady

Spot corn basis bids were steady to firm around the US Midwest on Friday while soybean basis was mostly steady amid light, scattered farmer selling of both commodities following a rally in futures, dealers said. The overall pace of sales was light, and so

Published 18 Jan, 2009 12:00am

Thin trading on cotton market

Firmness prevailed on the cotton market on Saturday as prices maintained overnight levels in the process of lean business, dealers said. The official spot rate was maintained at overnight level at Rs 3,300, they said. Phutti prices in both Punjab and Sind

Published 18 Jan, 2009 12:00am

Jute goods prices higher on Jodia Bazaar

The trading in jute goods twine moved higher on Jodia Bazaar here on Saturday. The following changes were noted.

Published 18 Jan, 2009 12:00am

Modest trading on grain market

Modest trading was seen on the grain market on Saturday as some items showed changes in the absence of fresh leads, dealers said. On the cereals side, moong Punjab was lower by Rs 575 to Rs 3075 in process of trading, sugar low type gained Rs 50 to Rs 375

Published 18 Jan, 2009 12:00am

Bangladesh launches new tender for 100,000 tonnes of wheat

Bangladesh's government has issued a new international tender to purchase 100,000 tonnes of any origin wheat, European traders said on Friday. The tender will close on March 2. Shipment was required 60 days after contract signing.

Published 18 Jan, 2009 12:00am

US cocoa higher

US cocoa closed up 4 percent on Friday on the back of better-than-expected US fourth-quarter 2008 grind data and currency-related buying, traders said. Agricultural markets trading on ICE Futures US will close Monday for Martin Luther King, Jr. Day and re

Published 18 Jan, 2009 12:00am

US copper ends strong

US copper futures charged up to a one-week high on Friday and while finishing beneath the peak, dollar softness and a boost of confidence from the fresh round of US government aid to banks drew heavy investor buying in commodity markets across the board,

Published 18 Jan, 2009 12:00am

US gold soars

US gold futures jumped more than 3 percent on Friday on a sharply lower dollar against the euro and lingering worries following a proposed $825 billion US economic stimulus package. Metals markets will shut Monday for Martin Luther King Jr. Day and reopen

Published 18 Jan, 2009 12:00am

Drought trims Brazil's soy output

Brazil's soy and corn crops in major grain-producing state Parana may have been hit much harder by drought than official estimates have reported so far, co-operatives said on Friday. The state-linked crop supply agency Deral has reported losses of around

Published 18 Jan, 2009 12:00am

US rice posts gains

US rough rice futures on the Chicago Board of Trade ended higher on Friday, rebounding from this week's slide in pre-holiday trade, traders said. CBOT markets will be closed Monday for Martin Luther King Day, reopening for the electronic session Monday 6

Published 18 Jan, 2009 12:00am

US soy futures rally

US soybean futures on the Chicago Board of Trade rallied 2 percent on Friday, supported by stressful crop weather in Argentina, the world's third largest soy exporter, and China's voracious appetite for US soybeans, traders said. Concerns about South Amer

Published 18 Jan, 2009 12:00am

New York sugar finishes firm

Raw sugar futures finished firmer on Friday on investment fund buying and talk that India is placing inquiries to book some orders in the weeks ahead, brokers said. The market will be closed Monday for Martin Luther King Jr. Day. Trading resumes Tuesday.

Published 18 Jan, 2009 12:00am

US wheat prices falling

US wheat futures, which have risen about 25 percent during the past six weeks, are likely to fall in the coming months due to poor demand from both the feed market and overseas buyers. "We should probably continue to trend lower trying to attract increase

Published 18 Jan, 2009 12:00am

German farmers plant more rapeseed, wheat

German farmers have increased plantings of rapeseed and wheat for the summer 2009 harvest, the country's statistics office said on Friday. Rapeseed plantings are estimated to have increased by about seven percent on the year to 1.46 million hectares. Plan

Published 18 Jan, 2009 12:00am

New York coffee finishes with strong gains

Arabica coffee futures finished on Friday with strong gains amid general commodity market buying after the dollar fell sharply against the euro, traders said. The March arabica coffee contract settled 1.90 cents, or 1.67 percent, stronger at $1.1580 per l

Published 18 Jan, 2009 12:00am

Commodity prices mostly fall in world market

Commodity prices mainly slid this week, with oil dropping below 35 dollars per barrel in New York amid continuing global economic gloom, analysts said. "Prices (of oil) fell sharply as once again a gloomy global economic outlook raised demand concerns," s

Published 18 Jan, 2009 12:00am

US wheat futures higher on soybean, corn strength

US wheat futures rose on Friday, led by a 1.7 percent rise in the nearby Chicago Board of Trade contract, following strong gains in the soybean and corn markets, traders said. Traders were covering short positions before the long US holiday weekend amid u

Published 18 Jan, 2009 12:00am

US corn futures climb six percent

US corn futures climbed over 6 percent on Friday with drought in Argentina, the world's second largest corn exporter after the United States boosting prices. Traders covered short positions before the long US holiday weekend given South American weather u

Published 18 Jan, 2009 12:00am

London fall generates European cash cocoa buying

The fall of London cocoa prices from their recent peaks this week helped spark industrial buying but price differentials remained high, traders said on Friday. Low cocoa supplies arriving on international markets from top cocoa exporter Ivory Coast, coupl

Published 18 Jan, 2009 12:00am

Canadian canola futures higher

ICE Canadian canola futures ended higher on Friday, supported by a rally in soybean futures. Benchmark March closed up $2.10 at $443.10 on volume of 10,508 lots. Funds were active buyers of about 2,500 March contracts. Domestic crushers were in the market

Published 18 Jan, 2009 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 33,584 tonnes of cargo including 24,573 tonnes of import and 9,011 tonnes of export, 1,338 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Saturday. The freights comprised of 30,584 tonnes of dry ca

Published 18 Jan, 2009 12:00am

China soy imports strong on high crushing margin

Chinese crushers have purchased as much as 1.5 million tonnes of soybeans in the first half of this month as crushers stepped up imports on rising domestic prices of soy products, according to an official survey Crushing margins for soy plants have hit "t

Published 18 Jan, 2009 12:00am

IMF sees Central America avoiding slump

The International Monetary Fund on Friday said it expects Central America to avoid a recession in 2009 despite strong US ties. Alfred Schipke, IMF representative for Central America and mission chief for El Salvador, told Reuters he saw public spending an

Published 18 Jan, 2009 12:00am

Iran sees oil at around $40 in 2009

Iran's Oil Ministry anticipates a crude oil price of about $40 a barrel in 2009, Oil Minister Gholamhossein Nozari was quoted as saying on Saturday, suggesting Tehran does not expect the market to rebound soon. Nozari also said crude producers outside the

Published 18 Jan, 2009 12:00am

Two US banks fail, first casualties in 2009

Bank regulators closed two small banks on Friday, the first US banks to fail this year but the latest in an upsurge that began last year as the struggling economy and falling home prices took their toll on financial institutions.

Published 18 Jan, 2009 12:00am

Arab leaders set to launch customs union

Arab leaders are to approve a customs union - the first step to a Arab common market - as well as a power grid and a rail network at their first economic summit in Kuwait, according to documents made available Saturday. The projects were approved along wi

Published 18 Jan, 2009 12:00am

Brown tells banks to come clean over bad assets

Banks must reveal the true scale of their bad assets to help revive frozen global credit markets, British Prime Minister Gordon Brown said on Saturday as officials met bank chiefs to thrash out a new rescue package. In an interview with the Financial Time

Published 18 Jan, 2009 12:00am

US tax cuts seen paving way to economic rebound

A massive round of tax cuts that are likely to be the first salvo of the economic stimulus plan of President-elect Barack Obama could help pave the way for an eventual pickup in output, economists said on Friday. Facing possibly the worst economic crisis

Published 18 Jan, 2009 12:00am

IBM buys $16 million stake in Chinese firm

International Business Machines Corp has bought a strategic stake in Sichuan Changhong Electric Co for 108 million yuan ($15.8 million), the major Chinese television and consumer electronics maker said on Saturday.

Published 18 Jan, 2009 12:00am

Kuwait wealth fund not to cut foreign investments

Kuwait's sovereign wealth fund does not plan to reduce its overseas investments despite launching a 1.5 billion dinar ($5.17 billion) fund to invest in local stock markets, the finance minister said. "We won't lower foreign investment," Mustapha al-Shamal

Published 18 Jan, 2009 12:00am

India's central bank increases overseas foreign exchange assets

India's central bank has increased its holding of foreign exchange assets at end-September even as overall currency reserves declined in the April-September period, it said in a report posted on its website late on Friday.

Published 18 Jan, 2009 12:00am

USDA awards first cellulosic ethanol guarantee

Range Fuels Inc was awarded a $80 million loan guarantee to aid construction of a commercial-scale plant making ethanol from wood chips, said the US Agriculture Department on Friday. It was the first award made under a loan guarantee program created by th

Published 18 Jan, 2009 12:00am

EU accuses Microsoft of harming browser competition

The European Commission accused Microsoft Corp on Friday of stymieing competition by bundling its Internet Explorer Web browser with Windows systems, firing the latest salvo in an expensive, years-long battle with the software titan.

Published 18 Jan, 2009 12:00am

Deutsche Bank curbs securities proprietary trading

Deutsche Bank has sharply curtailed trading of securities for its own account in the face of market turmoil, a spokesman said on Saturday, citing comments from the head of Germany's biggest lender.

Published 18 Jan, 2009 12:00am

German banks face billions more in losses

German banks face further losses running into the billions of euros as only a quarter of their toxic assets have been written off, a report said Saturday. Germany's respected Der Spiegel weekly based its report on a survey of 20 banking institutions carri

Published 18 Jan, 2009 12:00am

German banks face billions more in losses

Published 18 Jan, 2009 12:00am

Lithuania's FlyLAL suspends operations

Lithuania's troubled FlyLAL airline said Saturday it has suspended its operations after a buyout deal by Swiss investment firm SCH Swiss Capital Holdings failed. Airline officials said it terminated a preliminary agreement with the Swiss company after it

Published 18 Jan, 2009 12:00am

Argentine stocks dip

Argentine stocks slipped slightly on Friday after a session of zigs and zags, but bonds got a lift from renewed appetite for risk after banks were promised aid in the United States. The benchmark MerVal index gave up 0.2 percent to 1,097.96 points. On the

Published 18 Jan, 2009 12:00am

China bond yields jump

Chinese government bond yields rose sharply on Friday amid talk that economic growth might start recovering in the second quarter of this year. The indicative five-year government bond yield jumped to a one-month high of 2.0360 percent bid from 1.8638 per

Published 18 Jan, 2009 12:00am

China bond yields jump

Published 18 Jan, 2009 12:00am

US Treasury prices slip

US Treasury debt prices slid on Friday on concern about huge supply due to costly government steps to stabilise the banking system and the economy. In addition, more efforts to stabilise the banking system and news that the Federal Deposit Insurance Corp

Published 18 Jan, 2009 12:00am

US Treasury prices slip

Published 18 Jan, 2009 12:00am

Canadian bonds fall

Most Canadian government bond prices fell on Friday, tracking US Treasuries, which dropped on concern over swelling supply to fund costly government stimulus plans. Focus is squarely on the Bank of Canada's rate decision on Tuesday, said Paul Ferley, assi

Published 18 Jan, 2009 12:00am

Canadian bonds fall

Published 18 Jan, 2009 12:00am

Low US IPO volume hits banks' bottom line

The frozen market for initial public offerings is depriving major banks of hundreds of millions of dollars in lucrative underwriting fees at a time they desperately need to shore up their finances, with little relief in sight.

Published 18 Jan, 2009 12:00am

JGBs extend loss

Japanese government bond futures extended their losses late on Friday as stocks rose on news that Bank of America had obtained government aid to help the bank absorb Merrill Lynch. JGB futures had edged lower initially and retreated from four-month highs

Published 18 Jan, 2009 12:00am

JGBs extend loss

Published 18 Jan, 2009 12:00am

Chile stocks surge

Chilean stocks closed higher on Friday, tracking gains in US markets as financial shares cut losses. The blue chip IPSA index climbed 0.60 percent to close at 2,498.68 points, while the all-market IGPA index edged up 0.70 percent to 11,879.93 points, prel

Published 18 Jan, 2009 12:00am

Mexican stocks edge up

Mexico's benchmark IPC stock index closed up 0.22 percent at 20,325.39 percent, breaking a nine session losing streak on Friday meanwhile peso firmed as fresh US government aid for American banks eased some investor concern about stress in the financial s

Published 18 Jan, 2009 12:00am

Brazil stocks gain

Brazil's stocks crept higher on Friday as a slump in financial shares was partially offset by gains in commodity companies Vale and Petrobras, while the local currency gained sharply as appetite for emerging market assets grew. The benchmark Bovespa index

Published 18 Jan, 2009 12:00am

Toronto stocks end higher

Toronto's key stock index finished higher on Friday after a seesaw session in which the financial sector was pressured by heightened concern about the health of the US banking sector. The heavyweight financial sector started the session with a quick rally

Published 18 Jan, 2009 12:00am

American credit market outlook

Production cuts at US automakers are burning into the earnings and cash balances of their suppliers and as the consumer slump deepens at least some auto suppliers may not survive. Analysts view Visteon Corp and American Axle & Manufacturing Holdings as th

Published 18 Jan, 2009 12:00am

American credit market outlook

Published 18 Jan, 2009 12:00am

Wall Street rises on energy gain

US stocks rose on Friday on strength in the energy sector and companies that hold up well in recessions, while reassuring comments from Britain's Barclays late in the day helped financials cut losses that had driven the market lower earlier. The banking s

Published 18 Jan, 2009 12:00am

Forex outlook: dollar to keep upbeat tone in Obama week

The dollar enters the coming week on a buoyant note, propelled by a steady influx of safe-haven bids amid persistent stress in the US banking sector and prospects of deepening economic recessions around the world. Barack Obama will be inaugurated on Tuesd

Published 18 Jan, 2009 12:00am

Brazilian real jumps

Brazil's currency, the real, strengthened 1.8 percent to 2.344 per dollar on Friday after tumbling 4.8 percent over the previous four sessions as investors sold off the US currency around the globe. The greenback traded 0.59 percent lower against a basket

Published 18 Jan, 2009 12:00am

Won rebounds

The South Korean won rose 2.5 percent against the dollar on Friday as talk of a fresh US capital injection into Bank of America lifted investors' appetite for risky assets such as Asian currencies and stocks. It was the won's biggest daily percentage gain

Published 18 Jan, 2009 12:00am

Dollar and yen slide

The dollar and yen weakened on Friday as fresh government aid for US banks eased some investor concerns about stress in the financial sector, reducing safe-haven flows into the US and Japanese currencies. News that Bank of America received $20 billion in

Published 18 Jan, 2009 12:00am

Chilean peso gains

Chile's peso closed higher against a weaker dollar on Friday following the positive trend in global markets, while stock indexes were little changed in light afternoon trade. The peso closed 0.7 percent higher at 619.20/619.70 per dollar, compared to Thur

Published 18 Jan, 2009 12:00am

Kenyan shilling firms

Kenya's shilling firmed against the dollar on Friday, but traders said pressure from increased shilling selling and gloom over the country's economic outlook could push it lower. The commercial banks posted the local unit at 79.75/85 compared with Thursda

Published 18 Jan, 2009 12:00am

Taiwan dollar off one-month low

The Taiwan dollar rose on Friday from the previous session's one-month closing low as exporters took advantage of the currency's recent weakness, but gains were capped by the central bank and foreign fund outflows. The Taiwan dollar hit a high of T$33.300

Published 18 Jan, 2009 12:00am

Canadian dollar rises

The Canadian dollar finished the week on a positive note on Friday, boosted by firmer oil prices and stronger equities, after falling five straight sessions against the US currency. For the week, however, the currency dropped 4.6 percent, its worst weekly

Published 18 Jan, 2009 12:00am

IMM speculators turn long US dollars

Currency speculators turned long US dollars in the latest week after being short in the last four, according to data from the Commodity Futures Trading Commission on Friday. The value of the US dollar's net short position was around $322 million in the we

Published 18 Jan, 2009 12:00am

Bulgarian police hold silent protest over low pay

Around 1,000 Bulgarian police officers held a silent protest outside the Interior Ministry on Saturday to demand better pay and working conditions in the European Union's poorest state. The police officers, banned by law from striking, handed a list of de

Published 18 Jan, 2009 12:00am

Five deaths linked to US salmonella outbreak

Five deaths have been linked to an outbreak of Salmonella food poisoning linked to peanut butter, but the strain involved is not particularly virulent, US health officials said on Friday. Later, the company at the center of the case, Peanut Corporation of

Published 18 Jan, 2009 12:00am

US troop decisions for Afghan war await Obama

Lingering decisions on how quickly the Pentagon can get US forces out of Iraq and into Afghanistan are being pushed off until after the Obama administration takes over next week, as military commanders wrangle over where the troops are needed most.

Published 18 Jan, 2009 12:00am

Crises shadow Obama on his slow train to power

Barack Obama warned of "difficult days" ahead before heralding his new era of change Saturday by rolling back the years on a pre-inaugural slow train to Washington. Shadowed by the sheaf of economic and military crises facing Americans, Obama will ride th

Published 18 Jan, 2009 12:00am

Polish Antarctic love letter aids plant study

A lovesick Polish scientist on a remote island has aided understanding of Antarctica's two flowering plants with a tribute to his beloved written in penguin dung fertiliser, Chilean researchers said. The two plants were found flourishing side by side on a

Published 18 Jan, 2009 12:00am

Philippines to charge firms blacklisted by World Bank

The Philippine government said Saturday that three local companies blacklisted by the World Bank would face charges if investigations found they had won a road contract through corruption. The World Bank said on Thursday it had evidence of collusion among

Published 18 Jan, 2009 12:00am

Greek tycoon's wife appeals to kidnappers to call

The wife of a Greek shipping tycoon who was abducted at gunpoint in Athens six days ago appealed to his kidnappers on Saturday to contact her, saying she was ready to pay the ransom. Pericles Panagopoulos, founder of Greek ferry operator Superfast Ferries

Published 18 Jan, 2009 12:00am

China lawyers to sue Christie's over Yves Saint Laurent auction

Chinese lawyers will sue auction giant Christie's over the sale of relics owned by the late Yves Saint Laurent which they say were stolen from a looted Beijing palace, state press said Saturday. The lawyers are hoping that French courts will stop the auct

Published 18 Jan, 2009 12:00am

Malaysian drunk driver tells judge he's too busy to go to court

A claim by Malaysian tourist Choi Lok Siong, 38, that he was too busy travelling to go to court and face a drunken driving charge, did not wash with a New Zealand judge, a newspaper reported on Saturday. Judge Geoff Rea issued a warrant for Choi's arrest

Published 18 Jan, 2009 12:00am

Baltic streets rocked as economic crisis bites

As years of economic boom turn to bust, the EU's Baltic states are facing a groundswell of public discontent that has sparked violent street protests. Anger at austerity drives aimed at tackling the economic crisis, coupled with withering confidence in th

Published 18 Jan, 2009 12:00am

'No God' bus advertisements banned in Italian city

Italian atheists have lost a bid to run "no God" advertisements on city buses after strong opposition from conservative political parties, a member of the group said on Saturday. The ads reading "The bad news is that God doesn't exist. The good news is th

Published 18 Jan, 2009 12:00am

Cole out for rest of season

England and Chelsea midfielder Joe Cole will miss the remainder of the season after sustaining a ruptured anterior cruciate ligament in Wednesday's FA Cup replay against Southend United. A statement on the Chelsea website (www.chelseaafc.com) said Cole ha

Published 18 Jan, 2009 12:00am

Drogba absent again

Didier Drogba was absent from Chelsea's squad for their Premier League clash against Stoke on Saturday as Blues boss Luiz Felipe Scolari gets tough with the Ivory Coast striker. Scolari had axed Drogba for Chelsea's midweek FA Cup win over Southend after

Published 18 Jan, 2009 12:00am

Scolari ready to sell unhappy Chelsea stars

Luiz Felipe Scolari is ready to sell any player unhappy with life at Chelsea as the Blues boss tries to revive the club's flagging spirits. Scolari is fed up of hearing complaints from several of his stars about tactics and team selection and then watchin

Published 18 Jan, 2009 12:00am

Murray sees more open field in Melbourne

Andy Murray sees a more competitive field at this year's Australian Open with Roger Federer less formidable than before, but he played down his favourite tag on Saturday. Some bookies are tipping the Scot for the trophy, sparking a rebuke from Federer thi

Published 18 Jan, 2009 12:00am

Real president exits from the back door after big promises

Ramon Calderon, who media reports say stepped down as Real Madrid president following allegations that he rigged the club's last general assembly, reached the helm of the club amid unfulfilled promises to recruit big name players. He was elected president

Published 18 Jan, 2009 12:00am

Berlusconi sees it hard to keep Kaka at Milan

AC Milan will find it hard to hold on to Kaka after Manchester City reportedly offered more than 100 million euros ($133 million) for the Brazil playmaker, the Italian club's owner Silvio Berlusconi said on Saturday. Media have reported that City, the ric

Published 18 Jan, 2009 12:00am

Nalbandian first Argentine winner of Sydney ATP title

Fourth seed David Nalbandian became the first Argentine to win the Sydney International ATP title with a fighting three-set victory over Finland's unseeded Jarkko Nieminen on Saturday. Nalbandian, 27, claimed his 10th career ATP title in 20 finals in winn

Published 18 Jan, 2009 12:00am

North Korea says plutonium 'weaponised' and off-limits

North Korea says it has 'weaponised' enough plutonium for four to five nuclear weapons, a US expert said on Saturday after talks in Pyongyang. North Korea has made a series of demands as well as offers of co-operation over its nuclear programme as US Pres

Published 18 Jan, 2009 12:00am

Sri Lanka rebels say kill 51 troops

Sri Lanka's Tamil Tiger rebels said they killed 51 soldiers while repelling an army assault, a pro-rebel website reported on Saturday, in an account which the military rejected. The rebel claim comes as Sri Lanka's military, energised by two major strateg

Published 18 Jan, 2009 12:00am

Man arrested for Obama assassination plot

A man was arrested on Friday in Brookhaven, Mississippi after having made threats to assassinate Barack Obama on his January 20 inauguration, according to the US Department of Justice. "Threats against the president-elect will be taken very seriously," sa

Published 18 Jan, 2009 12:00am

Iranian cleric calls for shooting Israeli foreign minister

A high-level Iranian cleric called for the shooting of the Israeli foreign minister in a speech before worshippers. Ayatollah Ahmad Jannati said during Friday prayers that he wanted someone to shoot Israeli Foreign Minister Tzipi Livni and denounced Presi

Published 18 Jan, 2009 12:00am

Assad ready to cooperate with Obama

Syria is ready to cooperate with US President-elect Barack Obama and wants him to get seriously involved in the Middle East peace process, President Bashar al-Assad told a German magazine. In an interview with Der Spiegel released on Saturday, Assad also

Published 18 Jan, 2009 12:00am

Afghan foreign minister unhappy with Hillary Clinton

US Secretary of State-designate Hillary Clinton's use of the term `narco state' to describe Afghanistan in a recent Senate testimony has caught the attention of her Afghan counterpart. Foreign Ministry Rangin Dadfar Spanta said Saturday that it is`abso

Published 18 Jan, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	142.19
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 19	5,713.64
Nasdaq / Sep 19	18,013.98
FTSE 100 / Sep 19	8,328.72
Dow Jones / Sep 19	42,025.19
Germany DAX 30 / Sep 19	19,002.38
France CAC40 / Sep 19	7,615.41
India Sensex / Sep 20	83,711.40
Tokyo Nikkei / Sep 20	37,879.54

Item	Value
Gold 10 Grams PKR / Sep 19	230,195
Crude Oil USD/Barrel / Sep 20	71.80
Karachi Cotton PKR/37.32 KG / Sep 20	18,935
Gold Spot USD/Ounce / Sep 20	2,599.47
Cotton US¢/pound / Sep 20	73.42
Petrol/Litre / Sep 21	249.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 21 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 21 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 21 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 21 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 21 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 21 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 21 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 21 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 21 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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