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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-04-14
Iraq port unloading 88,000 tonnes of long grain rice

Iraq port unloading 88,000 tonnes of long grain rice

Iraqs Umm Qasr port is taking delivery of 88,000 tonnes of long grain Vietnamese, Uruguay and Thai rice that were purchased late last year, shipping sources said on Monday. They said the port began on Saturday unloading a vessel carrying 26,000 tonnes of
Published 14 Apr, 2009 12:00am
Vietnam rice crop output jumps 10.8 percent

Vietnam rice crop output jumps 10.8 percent

The winter-spring paddy rice output in Vietnams Mekong Delta is expected to rise 10.8 percent from last year to 10.4 million tonnes, thanks to higher yields, beating previous expectations, a state-run newspaper said. The average yield rose nearly 5 percen
Published 14 Apr, 2009 12:00am
Chinas iron ore imports surge caused by fake demand

Chinas iron ore imports surge caused by fake demand

Chinas iron ore imports surged in February and March because of "fake demand" brought about by stockpiling and they are likely to fall off over the rest of the year, a government official said on Monday.
Published 14 Apr, 2009 12:00am
China to trade rice futures on April 20

China to trade rice futures on April 20

Chinas Zhengzhou Commodity Exchange, one of the countrys three commodities trading bourses, plans to launch rice futures on April 20, an exchange spokesman told Reuters on Monday. "The preliminary date is set on April 20," said Qiao Jinhui. The rice to be
Published 14 Apr, 2009 12:00am
Better roads boost Cameroon cocoa crop quality

Better roads boost Cameroon cocoa crop quality

Favourable weather and improved roads have boosted the quality of cocoa beans delivered to market in Cameroons leading south-west production zone, the manager of the main exporter in the region said. Cameroon is the worlds fifth largest cocoa producer aft
Published 14 Apr, 2009 12:00am
Indonesias January-March coffee exports down 30 percent

Indonesias January-March coffee exports down 30 percent

Indonesias coffee exports from the main coffee-growing area of Sumatra dropped 30.3 percent in the first three months of 2009 to 37,160.01 tonnes, trade data showed on Monday. In March alone, Sumatran coffee beans exports fell 21 percent from a year ago t
Published 14 Apr, 2009 12:00am
Cuban sugar output tops one million tonnes

Cuban sugar output tops one million tonnes

Cuban raw sugar output from this seasons harvest topped 1 million tonnes at the weekend, according to Reuters estimates, as two provinces completed their plans and moved men and machines to help others behind schedule. According to local media reports and
Published 14 Apr, 2009 12:00am
Yuan erases gain, ends down

Yuan erases gain, ends down

The yuan ended slightly lower on Monday as client demand for dollars late in the session erased early gains that were spurred by a series of strong economic data pointing to an earlier than expected recovery for Chinas economy. The yuan finished at 6.8352
Published 14 Apr, 2009 12:00am
Philippine central bank seen cutting rates by 25 basis points

Philippine central bank seen cutting rates by 25 basis points

The Philippine central bank is likely to deliver its fourth interest rate cut in more than four months on Thursday after inflation resumed its decline to a one-year low in March, a Reuters poll showed on Monday. Chances the central bank would keep rates s
Published 14 Apr, 2009 12:00am
Asian currencies: political events lift rupiah

Asian currencies: political events lift rupiah

The Indonesian rupiah climbed to a three-month high on Monday, lifted by results from last weeks parliamentary elections showing the presidents party won the most votes. Meanwhile, the Thai baht fell in offshore trades, revealing investor worries over the
Published 14 Apr, 2009 12:00am
South Korea won rises

South Korea won rises

The won rose against the dollar on Monday, helped by reports that EBay Inc has agreed to buy a controlling stake in a South Korean retailer for $413 million. The currency received further support as the South Korean central bank said it would roll over on
Published 14 Apr, 2009 12:00am
Dollar edges up versus yen

Dollar edges up versus yen

The dollar edged up on the yen in quiet trade on Monday, with many Asian and European financial centres closed for the Easter holiday and as markets waited for the US corporate earnings season to get into full swing. US banks including Goldman Sachs, J.P.
Published 14 Apr, 2009 12:00am
Dollar funding costs lower

Dollar funding costs lower

Dollar funding costs crept a fraction lower in Asia on Monday and swap spreads barely tightened, but still the trends showed a steady improvement in risk appetite spurred by growing optimism over the health of the banking system. In Singapore, 3-month dol
Published 14 Apr, 2009 12:00am
Taiwan dollar rises to one-week high

Taiwan dollar rises to one-week high

The Taiwan dollar rose to a one-week closing high on Monday, fuelled by foreign fund inflows on the back of a climbing stock market, but trade was thin as investors kept a wary eye on corporate results due out this week. The Taiwan dollar rose to an intra
Published 14 Apr, 2009 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 69.01/69.02 (previous 69.01/69.01). Call Money Rates: 0.25-10.00 percent (previous 0.25-10.00 percent.
Published 14 Apr, 2009 12:00am
Nikkei dips as defensives weigh

Nikkei dips as defensives weigh

Japans Nikkei average fell 0.4 percent in see-saw trade on Monday, weighed down by defensive stocks, while automakers such as Toyota Motor gained on growing optimism about the health of the global economy. Investors were keenly awaiting US bank results du
Published 14 Apr, 2009 12:00am
Singapore shares climb

Singapore shares climb

Singapore shares rose 2.64 percent on Monday on hopes the worst was over for the recession-hit economy, dealers said. The blue chip Straits Times Index (STI) closed 48.26 points higher at 1,876.77 on volume of 1.38 billion shares worth 941 million Singapo
Published 14 Apr, 2009 12:00am
Malaysian shares end flat

Malaysian shares end flat

Malaysian shares closed flat on Monday due to profit-taking in selected blue chips, dealers said. Dealers said retail investors plowed fresh funds into lower liners and penny-stocks to lift the bourse. The Kuala Lumpur Composite Index was 0.03 points high
Published 14 Apr, 2009 12:00am
Jakarta shares up

Jakarta shares up

Indonesian shares ended 5.1 percent higher on Monday, the biggest single daily percentage gain in 2009, spurred on by a stronger rupiah and confidence over peaceful elections, dealers said. The Jakarta Composite Index rose 74.65 points to a closing record
Published 14 Apr, 2009 12:00am
China stocks jump 2.8 percent

China stocks jump 2.8 percent

Chinese stocks climbed 2.84 percent in hectic trade to a nearly eight-month closing high on Monday, led by energy and steel shares as strong economic data released over the weekend fuelled optimism for an early recovery. The benchmark index gained upward
Published 14 Apr, 2009 12:00am
JGB futures barely move

JGB futures barely move

Japanese government bond futures were little changed on Monday, with the prospect of a big rise in JGB issuance keeping investors on the sidelines. The government said on Friday it would issue more than 10 trillion yen ($100 billion) of debt in the year t
Published 14 Apr, 2009 12:00am
JGB futures barely move

JGB futures barely move

Japanese government bond futures were little changed on Monday, with the prospect of a big rise in JGB issuance keeping investors on the sidelines. The government said on Friday it would issue more than 10 trillion yen ($100 billion) of debt in the year t
Published 14 Apr, 2009 12:00am
Seoul shares up

Seoul shares up

Seoul shares ended slightly firmer on Monday led by shipbuilders and auto issues, but gains were limited on caution before earnings results and profit-taking after the main indexs latest run of rises. The Korea Composite Stock Price Index (KOSPI) ended up
Published 14 Apr, 2009 12:00am
Taiwan stocks at near seven-month high

Taiwan stocks at near seven-month high

Taiwan stocks rose 1.31 percent on Monday to a near seven-month closing high, with real estate plays such as Cathay Real Estate climbing after parliament approved a special public spending budget. The main TAIEX share index ended up 75.68 points at 5,857.
Published 14 Apr, 2009 12:00am
Philippines shares fall

Philippines shares fall

Philippines share prices closed 1.43 percent lower on Monday due to profit-taking after a four-day rally, dealers said. The composite index gave up 29.61 points to 2,043.20 while the all-shares index fell 0.55 percent to 1,321.72 points. There were 43 gai
Published 14 Apr, 2009 12:00am
Weak stocks, QE cause headache for UK pensions

Weak stocks, QE cause headache for UK pensions

UK companies that have their review of pension valuations this year will need to raise their contribution or inject new assets to avoid shortfalls, given that retirement funds have been hit by falling equities and may be further hurt by quantitative easin
Published 14 Apr, 2009 12:00am
South Korean bonds rise after auction

South Korean bonds rise after auction

South Korean government bonds rose on Monday when a large Treasury bond sale attracted strong interest from pension funds and other institutional investors. The Finance Ministry sold all the planned 2.83 trillion won ($2.12 billion) in 5-year treasury bon
Published 14 Apr, 2009 12:00am
China yields mostly up

China yields mostly up

Chinas bill and bond yields mostly rose on Monday in response to economic data that suggested the economy may start recovering as soon as the second quarter and as a regional bond sale attracted weak demand.
Published 14 Apr, 2009 12:00am
South Korean bonds rise after auction

South Korean bonds rise after auction

South Korean government bonds rose on Monday when a large Treasury bond sale attracted strong interest from pension funds and other institutional investors. The Finance Ministry sold all the planned 2.83 trillion won ($2.12 billion) in 5-year treasury bon
Published 14 Apr, 2009 12:00am
China yields mostly up

China yields mostly up

Chinas bill and bond yields mostly rose on Monday in response to economic data that suggested the economy may start recovering as soon as the second quarter and as a regional bond sale attracted weak demand.
Published 14 Apr, 2009 12:00am
Malaysian palm oil gains

Malaysian palm oil gains

Malaysian palm futures rose 1.6 percent on Monday on signs of tighter stocks, but were off intraday peaks after touching a fresh 7-month high as investors locked in profits from a recent rally, traders said. The benchmark June contract on the Bursa Malays
Published 14 Apr, 2009 12:00am
Indian soyaoil erases gains

Indian soyaoil erases gains

Indian May soyaoil futures erased early gains and was almost steady on Monday afternoon on profit-taking after eight winning sessions but a strong Malaysian palm oil market supported prices, analysts said. At 2:17 pm, (0847 GMT), the April contract was up
Published 14 Apr, 2009 12:00am
Tokyo rubber futures hit five-month high

Tokyo rubber futures hit five-month high

Tokyo rubber futures briefly jumped 3 percent to touch a five-month high before paring gains on Monday as funds bought on positive technical signals helped push the benchmark contract near the key 180 yen mark. The dry wintering season, when latex output
Published 14 Apr, 2009 12:00am
Soyabeans rally on lower stocks; corn, wheat fall

Soyabeans rally on lower stocks; corn, wheat fall

Chicago soyabeanbean futures rose about 1 percent on Monday, extending last weeks rally, which lifted the market to a 2-1/2 month high, as a report predicted lower closing stocks in the United States on strong global demand. But corn and wheat dropped hal
Published 14 Apr, 2009 12:00am
Indonesia raises white sugar floor price

Indonesia raises white sugar floor price

Indonesia has raised the 2009 floor price for white sugar for household use by 7 percent to factor in higher production costs, an official said on Monday. "The government has set the minimum white sugar price from farmers cane plantations for 2009 at 5,35
Published 14 Apr, 2009 12:00am
Global rubber output down 2.2 percent in 2009

Global rubber output down 2.2 percent in 2009

Global natural rubber output will fall 2.2 percent to 8.9 million tonnes in 2009 as Thailand, Indonesia and Malaysia produce less, the Association of Natural Rubber Producing Countries said on Monday. The ANRPC accounts for 94 percent of global natural ru
Published 14 Apr, 2009 12:00am
Gold rises in Asia

Gold rises in Asia

Gold rose to close to $890 per ounce on Monday on bargain-hunting, after falling 1 percent last week, but trade was sporadic as many key markets were closed for the Easter holiday. US financial markets will reopen on Monday after the Good Friday holiday o
Published 14 Apr, 2009 12:00am
Malaysian tin ends flat

Malaysian tin ends flat

Malaysian tin was unchanged on Monday with prices mainly supported by buyers from Europe after the London Metal Exchange was closed, one dealer said.
Published 14 Apr, 2009 12:00am
Oil slides $1

Oil slides $1

Oil fell $1 on Monday, eroding strong gains seen late last week after the International Energy Agencys dramatic oil demand downgrade overshadowed data showing Chinese crude imports rose to their second-highest ever.
Published 14 Apr, 2009 12:00am
Indian sugar futures hit contract highs

Indian sugar futures hit contract highs

Indian sugar futures climbed to hit new contract highs on Monday tracking a surge in spot market, where ice-cream and cola makers increased purchases amid lower output estimates. "Spot prices were responding to strong summer demand from cold drink makers,
Published 14 Apr, 2009 12:00am
Shanghai copper ends limit up

Shanghai copper ends limit up

Shanghai copper futures rose 7 percent on Monday, touching their upside limit for a second consecutive trading session, supported by continuing declines in stocks and positive industrial output and other data from China.
Published 14 Apr, 2009 12:00am
Russian grain export prices edge up

Russian grain export prices edge up

Russian grain export prices strengthened slightly last week on rising export demand, while domestic prices continued to decline gradually as stocks remained high, analysts said on Monday. "Last week saw a certain revival of exporters activity in the south
Published 14 Apr, 2009 12:00am
Mills increase buying at ruling prices on cotton market

Mills increase buying at ruling prices on cotton market

Rising mills demand helped the prices to retain the weekend levels on the cotton market on Monday, dealers said. The official spot rate was unmoved at Rs 3450. The Phutti prices in Sindh and Punjab were at Rs 1700-1800. The rates moved between Rs 3300-360
Published 14 Apr, 2009 12:00am
The Weather

The Weather

The weather report on Monday (April 13, 2009) and the forecast for Tuesday (April 14, 2009).

Published 14 Apr, 2009 12:00am
US Plains HRW wheat mostly steady

US Plains HRW wheat mostly steady

Spot basis bids for hard red winter wheat in the US Plains were mostly unchanged Monday and the weather was seen improving over key wheat-growing areas. Protein premiums for railcar wheat to and through Kansas City were 1 cent a bushel lower for 11 percen
Published 14 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 13, 2009).

Published 14 Apr, 2009 12:00am
Til, cottonseed oilcake sharply higher on grain, seed market

Til, cottonseed oilcake sharply higher on grain, seed market

Lean business was seen on the wholesale grain and seed market on Monday as most the buyers were on the sidelines due to lack of buying interest, dealers said. Some changes were seen on the seeds side as til low type gained rs 100 to Rs 3550 and better typ
Published 14 Apr, 2009 12:00am
National Assembly passes Nizam-e-Adl Regulation

National Assembly passes Nizam-e-Adl Regulation

The National Assembly on Monday, with MQM MNAs abstaining, passed a resolution in support of Nizam-e-Adl Regulation (NAR) 2009 to be implemented in Swat and recommended President Asif Ali Zardari to accord his approval to the Regulation as early as
Published 14 Apr, 2009 12:00am
National Assembly passes Nizam-e-Adl Regulation

National Assembly passes Nizam-e-Adl Regulation

The National Assembly on Monday, with MQM MNAs abstaining, passed a resolution in support of Nizam-e-Adl Regulation (NAR) 2009 to be implemented in Swat and recommended President Asif Ali Zardari to accord his approval to the Regulation as early as
Published 14 Apr, 2009 12:00am
Chinas economy improves but deflation haunts Japan

Chinas economy improves but deflation haunts Japan

Chinas economy is offering some signs of improvement but data on Monday showing a big fall in Japanese wholesale prices suggested the worlds second-largest economy is sliding back toward deflation. Seeking a concerted escape from the worst global crisis s
Published 14 Apr, 2009 12:00am
Nepra cuts four paisa in KESC power tariff

Nepra cuts four paisa in KESC power tariff

The National Electric Power Regulatory Authority (Nepra) has reduced KESCs electricity tariff by four (4) paisa per unit across the board, except lifeline and agriculture consumers. However, the tariff for the consumers of Pepcos distribution companies (D
Published 14 Apr, 2009 12:00am
China to allow banks to start insurance units

China to allow banks to start insurance units

China will allow its four major state-run banks to set up insurance units on a trial basis, state media reported Monday, marking the latest step toward establishing national financial conglomerates. Banking regulators and insurance regulators have agreed
Published 14 Apr, 2009 12:00am
Nepra cuts four paisa in KESC power tariff

Nepra cuts four paisa in KESC power tariff

The National Electric Power Regulatory Authority (Nepra) has reduced KESCs electricity tariff by four (4) paisa per unit across the board, except lifeline and agriculture consumers. However, the tariff for the consumers of Pepcos distribution companies (D
Published 14 Apr, 2009 12:00am
Saudi Arabia sets up $800 million farm investment firm

Saudi Arabia sets up $800 million farm investment firm

The Saudi government said on Monday it has approved the setting up of a firm that will invest in projects that would ensure food security and help stabilise food prices domestically. The firm, with a capital of 3 billion riyals ($800 million), will invest
Published 14 Apr, 2009 12:00am
Zardari signs

Zardari signs

President Asif Ali Zardari on Monday signed the Nizam-e-Adl Regulation-2009 after its approval from the National Assembly with thumping majority. According to presidency sources, the document was duly signed by President Zardari after getting appro
Published 14 Apr, 2009 12:00am
Microsoft and Discovery in online advertising deal

Microsoft and Discovery in online advertising deal

Microsoft Corp has sold more than 90 percent of its advertising inventory across its web, mobile, and video game businesses to the Discovery Channel for a one-day campaign to promote the television series "Deadliest Catch," the companies said on Monday.
Published 14 Apr, 2009 12:00am
Zardari signs

Zardari signs

President Asif Ali Zardari on Monday signed the Nizam-e-Adl Regulation-2009 after its approval from the National Assembly with thumping majority. According to presidency sources, the document was duly signed by President Zardari after getting appro
Published 14 Apr, 2009 12:00am
Taiwan parliament wants politics kept out of China trade pact

Taiwan parliament wants politics kept out of China trade pact

Taiwans parliament Monday adopted a resolution insisting that a proposed trade pact with China be apolitical and not sacrifice the islands economic sovereignty.Opposition and ruling party parliamentarians agreed that if Taiwan were to sign a trade agreeme
Published 14 Apr, 2009 12:00am
Nepra cuts four paisa in KESC power tariff

Nepra cuts four paisa in KESC power tariff

The National Electric Power Regulatory Authority (Nepra) has reduced KESCs electricity tariff by four (4) paisa per unit across the board, except lifeline and agriculture consumers. However, the tariff for the consumers of Pepcos distribution companies (D
Published 14 Apr, 2009 12:00am
Goldman raises $5.5 billion for equity investments

Goldman raises $5.5 billion for equity investments

US banking giant Goldman Sachs said Monday it had raised 5.5 billion dollars from investors, including from Asia and Europe, for a fund to acquire private-equity assets. GS Vintage Fund V is the latest fund raised by the Alternative Investments & Manager
Published 14 Apr, 2009 12:00am
Hong Kong airline halves pay for pilots

Hong Kong airline halves pay for pilots

In a sign of the worsening impact of the global slump on Asias aviation industry, pilots with a Hong Kong airline said Monday they had been fired for not accepting drastic pay cuts.The pilots - four first officers and five captains - say they were sacked
Published 14 Apr, 2009 12:00am
Zardari invites Aitzaz for talks

Zardari invites Aitzaz for talks

President Asif Ali Zardari on Monday invited former Supreme Court Bar Association (SCBA) President and PPP leader Aitzaz Ahsan for talks, Aaj TV reported on Monday. Quoting sources, the channel claimed that purpose of the meeting is to remove diffe
Published 14 Apr, 2009 12:00am
Goldman raises $5.5 billion for equity investments

Goldman raises $5.5 billion for equity investments

US banking giant Goldman Sachs said Monday it had raised 5.5 billion dollars from investors, including from Asia and Europe, for a fund to acquire private-equity assets. GS Vintage Fund V is the latest fund raised by the Alternative Investments & Manager
Published 14 Apr, 2009 12:00am
Zardari invites Aitzaz for talks

Zardari invites Aitzaz for talks

President Asif Ali Zardari on Monday invited former Supreme Court Bar Association (SCBA) President and PPP leader Aitzaz Ahsan for talks, Aaj TV reported on Monday. Quoting sources, the channel claimed that purpose of the meeting is to remove diffe
Published 14 Apr, 2009 12:00am
Citigroup considers sale of Nikko Citigroup

Citigroup considers sale of Nikko Citigroup

Citigroup Inc plans to sell its Japanese investment banking unit Nikko Citigroup, along with Nikko Asset Management and retail brokerage arm Nikko Cordial Securities, Kyodo News reported on Monday. The three businesses combined could be priced at 800 bill
Published 14 Apr, 2009 12:00am
Clocks to be advanced from midnight

Clocks to be advanced from midnight

As the clock strikes 12 midnight on Tuesday, the Pakistanis would move clocks forward by an hour, in a bid to make the maximum use of daylight and conserve energy. The addition of an hour to the current time - (GMT+6) - would help conserve 250-300 megawat
Published 14 Apr, 2009 12:00am
Tech Mahindra wins bid to acquire Satyam

Tech Mahindra wins bid to acquire Satyam

Indias Tech Mahindra will pay more than $550 million for a controlling stake in Satyam Computer Services, throwing a lifeline to the fraud-hit firm and propelling itself into the top tier of Indian outsourcing firms.
Published 14 Apr, 2009 12:00am
Clocks to be advanced from midnight

Clocks to be advanced from midnight

As the clock strikes 12 midnight on Tuesday, the Pakistanis would move clocks forward by an hour, in a bid to make the maximum use of daylight and conserve energy. The addition of an hour to the current time - (GMT+6) - would help conserve 250-300 megawat
Published 14 Apr, 2009 12:00am
Iran gives Shell, Repsol deadline on LNG project

Iran gives Shell, Repsol deadline on LNG project

Iran has given Royal Dutch Shell and Repsol until May 20 to clarify their involvement in a major gas project in the Gulf, a senior oil official was quoted as saying on Monday. "If subsequent to the expiry of the deadline these companies do not make clear
Published 14 Apr, 2009 12:00am
Key Southeast Asian cities face hotel glut amid slowdown

Key Southeast Asian cities face hotel glut amid slowdown

Key Southeast Asian cities will suffer a glut of hotel rooms for the next three years as the economic slowdown hits the travel sector, a global real estate consultancy said Monday. A CB Richard Ellis (CBRE) survey of five cities including Singapore, Bangk
Published 14 Apr, 2009 12:00am
Stimulus projects under budget, says Obama

Stimulus projects under budget, says Obama

US President Barack Obama said on Monday that thousands of major infrastructure projects being undertaken as part of his economic stimulus plan were ahead of schedule and under budget. Obama said 2,000 new projects to rebuild US highways and bridges alrea
Published 14 Apr, 2009 12:00am
Taliban begin imposing rule in new area

Taliban begin imposing rule in new area

Taliban are imposing their rule in a mountain valley they took over last week, spreading fear in the area only 100-km from the capital, police and residents said on Monday. Surging militant violence across country and the spread of Taliban influence throu
Published 14 Apr, 2009 12:00am
Opec may cut output again if demand falls: Iran

Opec may cut output again if demand falls: Iran

Opec may cut oil production again if global demand for crude continues to fall in the near future, Mohammad Ali Khatibi, Irans representative in the group, said on Monday. "If demand continues to fall until the next meeting of Opec, a further output cut i
Published 14 Apr, 2009 12:00am
Fed makes biggest agency debt purchase to date

Fed makes biggest agency debt purchase to date

The US Federal Reserve bought $5.15 billion of Fannie Mae, Freddie Mac and the Federal Home Loan Banks debt on Monday, the New York Federal Reserve said, in its biggest purchase of agency debt to date. Dealers submitted $7.93 billion for consideration in
Published 14 Apr, 2009 12:00am
KESC acquisition case not referred to CCP

KESC acquisition case not referred to CCP

Chairman, Competitive Commission of Pakistan (CCP), Khalid A Mirza has said that Karachi Electric Supply Company (KESC) acquisition case was not referred to CCP for its clearance and go ahead signal. He was replying to a question during a meeting with Sit
Published 14 Apr, 2009 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 14 Apr, 2009 12:00am
Taliban begin imposing rule in new area

Taliban begin imposing rule in new area

Taliban are imposing their rule in a mountain valley they took over last week, spreading fear in the area only 100-km from the capital, police and residents said on Monday. Surging militant violence across country and the spread of Taliban influence throu
Published 14 Apr, 2009 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 14 Apr, 2009 12:00am
KESC acquisition case not referred to CCP

KESC acquisition case not referred to CCP

Chairman, Competitive Commission of Pakistan (CCP), Khalid A Mirza has said that Karachi Electric Supply Company (KESC) acquisition case was not referred to CCP for its clearance and go ahead signal. He was replying to a question during a meeting with Sit
Published 14 Apr, 2009 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (April 13, 2009).

Published 14 Apr, 2009 12:00am
Bailout banks lending concerns US watchdog panel

Bailout banks lending concerns US watchdog panel

Increases in rates and fees charged by US banks that are receiving government bailout money is a concern to the bailouts watchdog panel, but no investigation is under way, a panel spokesman said on Monday. The Wall Street Journal reported that the Congres
Published 14 Apr, 2009 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (April 13, 2009).

Published 14 Apr, 2009 12:00am
KESC acquisition case not referred to CCP

KESC acquisition case not referred to CCP

Chairman, Competitive Commission of Pakistan (CCP), Khalid A Mirza has said that Karachi Electric Supply Company (KESC) acquisition case was not referred to CCP for its clearance and go ahead signal. He was replying to a question during a meeting with Sit
Published 14 Apr, 2009 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (April 13, 2009).

Published 14 Apr, 2009 12:00am
Bailout banks lending concerns US watchdog panel

Bailout banks lending concerns US watchdog panel

Increases in rates and fees charged by US banks that are receiving government bailout money is a concern to the bailouts watchdog panel, but no investigation is under way, a panel spokesman said on Monday. The Wall Street Journal reported that the Congres
Published 14 Apr, 2009 12:00am
Bailout banks lending concerns US watchdog panel

Bailout banks lending concerns US watchdog panel

Increases in rates and fees charged by US banks that are receiving government bailout money is a concern to the bailouts watchdog panel, but no investigation is under way, a panel spokesman said on Monday. The Wall Street Journal reported that the Congres
Published 14 Apr, 2009 12:00am
Bomb squad sent to building in UK terror inquiry

Bomb squad sent to building in UK terror inquiry

Police investigating an alleged terrorist plot to attack Britain called army bomb-disposal experts Monday to one of the properties they are searching. Greater Manchester Police said sending the bomb squad to the address in Liverpool was a precaution and n
Published 14 Apr, 2009 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 Monday (April 13, 2009).

Published 14 Apr, 2009 12:00am
Bomb squad sent to building in UK terror inquiry

Bomb squad sent to building in UK terror inquiry

Police investigating an alleged terrorist plot to attack Britain called army bomb-disposal experts Monday to one of the properties they are searching. Greater Manchester Police said sending the bomb squad to the address in Liverpool was a precaution and n
Published 14 Apr, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (April 13, 2009).
Published 14 Apr, 2009 12:00am
Government not satisfied with tax reforms of FBR: Tarin

Government not satisfied with tax reforms of FBR: Tarin

Advisor to the Prime Minister on Finance Shaukat Tarin said on Monday that the government is not satisfied with tax reforms of the Federal Board of Revenue (FBR), as it failed to raise the tax-to-GDP ratio at the desirable level. Responding to a question
Published 14 Apr, 2009 12:00am
Government not satisfied with tax reforms of FBR: Tarin

Government not satisfied with tax reforms of FBR: Tarin

Advisor to the Prime Minister on Finance Shaukat Tarin said on Monday that the government is not satisfied with tax reforms of the Federal Board of Revenue (FBR), as it failed to raise the tax-to-GDP ratio at the desirable level. Responding to a question
Published 14 Apr, 2009 12:00am
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