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Nov 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-05-26
Any world recovery will be mild: BoJ Governor

Any world recovery will be mild: BoJ Governor

Any recovery in the world economy will be mild as it will take considerable time to get rid of excesses built up during the growth years, the governor of the Bank of Japan said on Monday. Speaking just days after the central bank upgraded its assessment o
Published 26 May, 2009 12:00am
Medvedev urges 'tough' measures to weather crisis

Medvedev urges 'tough' measures to weather crisis

Russian President Dmitry Medvedev on Monday called for "tough" measures to economise during the next three years as he warned of a worsening outlook for his heavily oil-dependent country. "We all understand what a difficult situation the country (and) the
Published 26 May, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Bulls command ISE proceedings

Bulls command ISE proceedings

Bulls commanded the proceedings at Islamabad Stock Exchange (ISE) where equities showed plus signs under the lead of hot favourite and amid increase in index. ISE Ten Index showed an improvement of 10.86 points, as the ISE Ten Index moved from 1,651.19 to
Published 26 May, 2009 12:00am
LHC summons Naseebo Lal

LHC summons Naseebo Lal

The Lahore High Court (LHC) here on Monday summoned a well-known female singer Naseebo Lal in person for June 30 in a petition challenging the alleged vulgar songs sung by her. On previous date of hearing the court, while imposing ban on exhibition and di
Published 26 May, 2009 12:00am
Moot on 'Regional Connectivity' in Dhaka

Moot on 'Regional Connectivity' in Dhaka

A one-day conference on 'Regional Connectivity: Potential for Infrastructure Development and Energy Co-operation in South Asia' is being organised by the Saarc Chamber of Commerce and Industry (Saarc CCI) in Dhaka on May 26.
Published 26 May, 2009 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Iran sends warships to Gulf of Aden

Iran sends warships to Gulf of Aden

Iran has sent six warships to international waters, including the Gulf of Aden, to show its ability to confront any foreign threats, its naval commander said on Monday. Admiral Habibollah Sayyari, quoted by the ISNA news agency, made the announcement five
Published 26 May, 2009 12:00am
Strike against load shedding

Strike against load shedding

Complete shutter down strike was observed in Toba Tek Singh here on Monday to protest against massive load shedding of electricity and robberies in the area. The strike was call given by Anjuman-e-Tajran. All business centres and schools were closed in To
Published 26 May, 2009 12:00am
Pakistan's HC urges Malaysians to donate for IDPs

Pakistan's HC urges Malaysians to donate for IDPs

Pakistan High Commissioner to Malaysia Lieutenant General Tahir Mahmud Qazi (Retd) on Monday appealed to the Malaysian people to extend a helping hand to their Pakistani brethren and generously donate for the two million displaced people of Swat.
Published 26 May, 2009 12:00am
Increased water flows lead to raise in power generation

Increased water flows lead to raise in power generation

The higher water level in reservoirs, more discharge of water from the dams and efficient working of IPPs and Thermal Power Plants has boosted the production capacity of generating machines. According to a Pakistan Electric Power Company (Pepco) statement
Published 26 May, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 May, 2009 12:00am
SNG projects can help reduce natural gas shortage

SNG projects can help reduce natural gas shortage

The establishment of synthetic natural gas (SNG) projects is the only immediate alternative available to face the shortage of natural gas, as compared to liquefied petroleum gas (LPG) projects, or the supply of gas from Iran to Pakistan.
Published 26 May, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Sufficient wheat storage capacity available: Minfa

Sufficient wheat storage capacity available: Minfa

Sufficient storage capacity for wheat was available both in public and private sectors as the government has procured about 8.775 million tons of wheat so far. Agriculture Development Commissioner (ADC) in the Ministry of Food and Agriculture (Minfa) Dr Q
Published 26 May, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 26 May, 2009 12:00am
Gunmen kill three labourers in Dera Ismail Khan

Gunmen kill three labourers in Dera Ismail Khan

Gunmen shot dead three Shia labourers in a drive-by shooting Monday in a north-western town troubled by sectarian violence, officials said. The assailants riding on a motorbike opened fire on a group of workers at a construction site in Dera Ismail Khan,
Published 26 May, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2009 12:00am
Gunmen kill three labourers in Dera Ismail Khan

Gunmen kill three labourers in Dera Ismail Khan

Gunmen shot dead three Shia labourers in a drive-by shooting Monday in a north-western town troubled by sectarian violence, officials said. The assailants riding on a motorbike opened fire on a group of workers at a construction site in Dera Ismail Khan,
Published 26 May, 2009 12:00am
Sialkot to have Rs 400 million ultra modern Tanneries Zone

Sialkot to have Rs 400 million ultra modern Tanneries Zone

Necessary arrangements are being finalised for setting up an ultra modern Tanneries Zone on 384 acres costing Rs 400 million in Sialkot. Official sources told Business Recorder on Monday that the Punjab government has released more than Rs 300 mill
Published 26 May, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2009 12:00am
Iran sends warships to Gulf of Aden

Iran sends warships to Gulf of Aden

Iran has sent six warships to international waters, including the Gulf of Aden, to show its ability to confront any foreign threats, its naval commander said on Monday. Admiral Habibollah Sayyari, quoted by the ISNA news agency, made the announcement five
Published 26 May, 2009 12:00am
Indian sugar down

Indian sugar down

Indian sugar futures eased on Monday as sluggish demand in physical market and hopes cane yields will rise due to conducive monsoon rains put pressure on prices, analysts said. India's annual monsoon rains hit the country's southern coast on Saturday, mor
Published 26 May, 2009 12:00am
Oil prices fall towards $61, Opec cut unlikely

Oil prices fall towards $61, Opec cut unlikely

Oil prices fell towards $61 a barrel on Monday ahead of Opec's meeting in Vienna, where the group was widely expected to agree to hold output steady. News Nigerian militants breached an oil pipeline in the Niger Delta failed to push prices higher. US ener
Published 26 May, 2009 12:00am
Russia grain rises on export demand, tight supply

Russia grain rises on export demand, tight supply

Russian grain prices rose last week as supply tightened and demand from exporters stayed high, analysts said on Monday. Domestic wheat prices have risen substantially due to a supply shortage, caused partly by the accumulation of grain in government inter
Published 26 May, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Pak-Iran gas pipeline deal hailed

Pak-Iran gas pipeline deal hailed

'Pakistan will receive a supply of over 750 million cubic feet gas a day during the ensuing period of 25 years, after laying of 1000 kilometre long pipelines in Pakistan and 1100 kilometre in Iran.' Hailing the gas sale and purchase agreement between Isla
Published 26 May, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to ''''D/E'''' from ''''D'''', and affirmed its support rating at ''''5''''. Concurrently, the agency has also affirmed
Published 26 May, 2009 12:00am
Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to ''D/E'' from ''D'', and affirmed its support rating at ''5''. Concurrently, the agency has also affirmed the ratings
Published 26 May, 2009 12:00am
Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to 'D/E' from 'D', and affirmed its support rating at '5'. Concurrently, the agency has also affirmed the ratings of th
Published 26 May, 2009 12:00am
Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

Fitch downgrades UBL, affirms NBP, MCB,HBL ratings

In a press release of non-solicited ratings, Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to 'D/E' from 'D', and affirmed its support rating at '5'. Concurrently, the agency has also affirmed the ratings of th
Published 26 May, 2009 12:00am
THE RUPEE: dollar inches up

THE RUPEE: dollar inches up

Firmness prevailed on the currency market on Monday as the rupee managed to hold its weekend levels against dollar, marketmen said. On the interbank market the rupee shed one paisa against dollar for buying at 80.40 and fell by two paisa for selling at 80
Published 26 May, 2009 12:00am
THE RUPEE: dollar inches up

THE RUPEE: dollar inches up

Firmness prevailed on the currency market on Monday as the rupee managed to hold its weekend levels against dollar, marketmen said. On the interbank market the rupee shed one paisa against dollar for buying at 80.40 and fell by two paisa for selling at 80
Published 26 May, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Decline in oil and gas production

Decline in oil and gas production

Pakistan produced an average 66,000 barrels per day (bpd) of crude oil during the first ten months of the ongoing fiscal (Jul-Apr 2009), five percent less than the previous year's 10-month average output of 70,000 bpd. On the other hand, gas production re
Published 26 May, 2009 12:00am
India says Pakistan given enough Mumbai evidence

India says Pakistan given enough Mumbai evidence

India's home minister said on Monday Pakistan had been given enough evidence to prosecute those behind last November's attack in Mumbai that killed 166 people and led to renewed tensions between the nuclear-armed rivals. Palaniappan Chidambaram's comments
Published 26 May, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
India says Pakistan given enough Mumbai evidence

India says Pakistan given enough Mumbai evidence

India's home minister said on Monday Pakistan had been given enough evidence to prosecute those behind last November's attack in Mumbai that killed 166 people and led to renewed tensions between the nuclear-armed rivals. Palaniappan Chidambaram's comments
Published 26 May, 2009 12:00am
India receives its first AWACS plane

India receives its first AWACS plane

India on Monday took delivery of its first Airborne Warning and Control System (AWACS) plane, as part of a deal with Israel worth more than one billion dollars, officials said. The delivery is seen as part of India's quest for air dominance over arch riva
Published 26 May, 2009 12:00am
India receives its first AWACS plane

India receives its first AWACS plane

India on Monday took delivery of its first Airborne Warning and Control System (AWACS) plane, as part of a deal with Israel worth more than one billion dollars, officials said. The delivery is seen as part of India's quest for air dominance over arch riva
Published 26 May, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Decline in oil and gas production

Decline in oil and gas production

Pakistan produced an average 66,000 barrels per day (bpd) of crude oil during the first ten months of the ongoing fiscal (Jul-Apr 2009), five percent less than the previous year''s 10-month average output of 70,000 bpd. On the other hand, gas production r
Published 26 May, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Decline in oil and gas production

Decline in oil and gas production

Pakistan produced an average 66,000 barrels per day (bpd) of crude oil during the first ten months of the ongoing fiscal (Jul-Apr 2009), five percent less than the previous year's 10-month average output of 70,000 bpd. On the other hand, gas production re
Published 26 May, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
e-Banking posts 11.4 percent growth in third quarter

e-Banking posts 11.4 percent growth in third quarter

Electronic Banking (e-Banking) is flourishing in the country, as it posted 11.4 percent growth in the third quarter of current fiscal year due to its convenience and safe transaction. A large number of banking consumers are diverting toward the e-Banking
Published 26 May, 2009 12:00am
e-Banking posts 11.4 percent growth in third quarter

e-Banking posts 11.4 percent growth in third quarter

Electronic Banking (e-Banking) is flourishing in the country, as it posted 11.4 percent growth in the third quarter of current fiscal year due to its convenience and safe transaction. A large number of banking consumers are diverting toward the e-Banking
Published 26 May, 2009 12:00am
e-Banking posts 11.4 percent growth in third quarter

e-Banking posts 11.4 percent growth in third quarter

Electronic Banking (e-Banking) is flourishing in the country, as it posted 11.4 percent growth in the third quarter of current fiscal year due to its convenience and safe transaction. A large number of banking consumers are diverting toward the e-Banking
Published 26 May, 2009 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Muslim nations link better Israel ties to peace

Muslim nations link better Israel ties to peace

Muslim countries meeting in the Syrian capital criticised Israel on Monday but said they were open to better ties with the Jewish state if it took steps towards a "just and comprehensive" Middle East peace deal. "We must not reward Israel for its crimes,"
Published 26 May, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
Doors of Punjab are open for Swat affectees: Nawaz

Doors of Punjab are open for Swat affectees: Nawaz

Pakistan Muslim League-Nawaz Quaid and former Prime Minister on Monday said that 'Doors of Punjab are open for Swat affectees extending help to Swat affectees is our national obligation and the affectees can settle in Punjab happily, if they desire to do
Published 26 May, 2009 12:00am
Doors of Punjab are open for Swat affectees: Nawaz

Doors of Punjab are open for Swat affectees: Nawaz

Pakistan Muslim League-Nawaz Quaid and former Prime Minister on Monday said that 'Doors of Punjab are open for Swat affectees extending help to Swat affectees is our national obligation and the affectees can settle in Punjab happily, if they desire to do
Published 26 May, 2009 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
US drone attacks spreading hatred: Nawaz

US drone attacks spreading hatred: Nawaz

Pakistan Muslim League (Nawaz) Quaid Mohammad Nawaz Sharif said on Monday that the US drone attacks were spreading hatred apart from proving counter productive in war against terror. He said this while taking to a five-member delegation of US Senators, wh
Published 26 May, 2009 12:00am
ECB staff call first ever strike over benefit cuts

ECB staff call first ever strike over benefit cuts

European Central Bank staff, angry at planned changes to pension and employment benefits, have called their first ever strike on June 3, the day of the bank''s next interest rate decision. The walkout will see disgruntled workers gather around the giant n
Published 26 May, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 25, 2009).

Published 26 May, 2009 12:00am
ECB staff call first ever strike over benefit cuts

ECB staff call first ever strike over benefit cuts

European Central Bank staff, angry at planned changes to pension and employment benefits, have called their first ever strike on June 3, the day of the bank's next interest rate decision. The walkout will see disgruntled workers gather around the giant ne
Published 26 May, 2009 12:00am
ECB staff call first ever strike over benefit cuts

ECB staff call first ever strike over benefit cuts

European Central Bank staff, angry at planned changes to pension and employment benefits, have called their first ever strike on June 3, the day of the bank's next interest rate decision. The walkout will see disgruntled workers gather around the giant ne
Published 26 May, 2009 12:00am
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