AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-08-30
Tanzania's NMB sees up to 30 percent asset growth

Tanzania's NMB sees up to 30 percent asset growth

Tanzania's National Microfinance Bank (NMB) sees its assets growing by up to 30 percent in 2009 from 1.4 trillion shillings ($1.07 billion) last year, its chief executive said on Friday. The bank expects pretax profits similar to last year's 70.9 billion
Published 30 Aug, 2009 12:00am
Medvedev warned by North Caucasus leaders on radical threat

Medvedev warned by North Caucasus leaders on radical threat

Leaders from Russia's turbulent North Caucasus told President Dmitry Medvedev on Friday that an Islamist insurgency had permeated all spheres of society and they were struggling to combat it. Ingushetian regional head Yunus-Bek Yevkurov, still limping fro
Published 30 Aug, 2009 12:00am
British soldier killed in Afghanistan: ministry

British soldier killed in Afghanistan: ministry

A British soldier was killed in an explosion in southern Afghanistan on Saturday, the Ministry of Defence said. The Royal Marine was on a foot patrol in Gereshk in Helmand province, a stronghold of the Taliban, when he died. A spokesman for Task Force Hel
Published 30 Aug, 2009 12:00am
UAE Al Khaleej expects Iran, Iraq sugar shortage

UAE Al Khaleej expects Iran, Iraq sugar shortage

Developing nations, including Iran and Iraq, may face a sugar shortage as the soaring price of the sweetener puts it out of reach, the chairman of Al Khaleej Sugar, the world's largest sugar refinery, said on Tuesday. Raw sugar futures have soared to 28-1
Published 30 Aug, 2009 12:00am
ATC delays case against Mumbai suspects

ATC delays case against Mumbai suspects

A special anti-terrorism court delayed a hearing on Saturday to charge five suspects in last year's Mumbai terrorist attacks, a defence lawyer said. Pakistan's prosecution of suspects in the November killings of 166 people in Mumbai is considered a test o
Published 30 Aug, 2009 12:00am
Abengoa weighs financing offers for solar parks

Abengoa weighs financing offers for solar parks

Spanish renewable energy firm Abengoa has received financing offers for two of its solar plants and expects a recovery in its biofuel operations, the company's finance director said on Wednesday. Banking sources told Reuters Loan Pricing Corp in March tha
Published 30 Aug, 2009 12:00am
British soldier killed in Afghanistan: ministry

British soldier killed in Afghanistan: ministry

A British soldier was killed in an explosion in southern Afghanistan on Saturday, the Ministry of Defence said. The Royal Marine was on a foot patrol in Gereshk in Helmand province, a stronghold of the Taliban, when he died. A spokesman for Task Force Hel
Published 30 Aug, 2009 12:00am
Ukraine eyes gas direct from Central Asia

Ukraine eyes gas direct from Central Asia

Ukraine wants to bypass Russia in its natural gas supplies from Central Asia and hopes to start talks with Turkmenistan soon on direct purchases, Ukraine's envoy to the Central Asian state said in an interview. "Turkmenistan, a key exporter, and Ukraine,
Published 30 Aug, 2009 12:00am
ATC delays case against Mumbai suspects

ATC delays case against Mumbai suspects

A special anti-terrorism court delayed a hearing on Saturday to charge five suspects in last year's Mumbai terrorist attacks, a defence lawyer said. Pakistan's prosecution of suspects in the November killings of 166 people in Mumbai is considered a test o
Published 30 Aug, 2009 12:00am
CapitalSource to tap cap market if opportunity comes

CapitalSource to tap cap market if opportunity comes

Commercial lender CapitalSource Inc will consider to tap the capital market to lower its debt or financing costs if an opportunity arose but there are no plans on the anvil, its chief executive said. The Chevy Chase, Maryland-based company, which transfor
Published 30 Aug, 2009 12:00am
Bomber who attacked Saudi prince came from Yemen

Bomber who attacked Saudi prince came from Yemen

Yemen says the suicide bomber who lightly wounded Saudi Arabia's assistant interior minister on Thursday set out from an area of Yemen known to be an al Qaida sanctuary. A crackdown on al Qaida's Saudi branch has forced it to move most of its operations t
Published 30 Aug, 2009 12:00am
Thai PTT aims to buy foreign assets to boost growth

Thai PTT aims to buy foreign assets to boost growth

PTT, Thailand's top energy firm, said on Tuesday it was cautiously looking for assets overseas as part of a plan to boost growth and bolster its presence in international markets. State-controlled PTT, which has looked at about 70 projects as targets for
Published 30 Aug, 2009 12:00am
Apple''s China iPhone deal a good start

Apple''s China iPhone deal a good start

Apple Inc''s deal to sell the iPhone in China is seen as just the beginning of its dealmaking in the world''s largest mobile phone market. The three-year deal with China Unicom, the country''s second-largest carrier with more than 14O million customers, i
Published 30 Aug, 2009 12:00am
After oil, JP Morgan eyes physical base metals trade

After oil, JP Morgan eyes physical base metals trade

J.P. Morgan Chase & Co is set to deepen its aggressive commodities market expansion by starting to trade physical base metals and coal, and re-entering Australia after a five-year absence, with Asia the priority. J.P. Morgan wants to hire more staff in As
Published 30 Aug, 2009 12:00am
Apple's China iPhone deal a good start

Apple's China iPhone deal a good start

Apple Inc's deal to sell the iPhone in China is seen as just the beginning of its dealmaking in the world's largest mobile phone market. The three-year deal with China Unicom, the country's second-largest carrier with more than 14O million customers, is n
Published 30 Aug, 2009 12:00am
Forex options market embraces weak US dollar view

Forex options market embraces weak US dollar view

Mounting evidence of a global economic recovery has soured sentiment on the safe-haven US dollar among options investors, mirroring the prevailing weak stance on the currency in the spot market. Options market signals used to gauge bullish or bearish sent
Published 30 Aug, 2009 12:00am
Apple's China iPhone deal a good start

Apple's China iPhone deal a good start

Apple Inc's deal to sell the iPhone in China is seen as just the beginning of its dealmaking in the world's largest mobile phone market. The three-year deal with China Unicom, the country's second-largest carrier with more than 14O million customers, is n
Published 30 Aug, 2009 12:00am
SEC may wield stronger hand after BofA bonus case

SEC may wield stronger hand after BofA bonus case

US securities regulators may emerge with greater power to extract settlements with real teeth in corporate enforcement cases, even after a federal judge has blocked its high-profile settlement with Bank of America Corp. US District Judge Jed Rakoff has tw
Published 30 Aug, 2009 12:00am
Bomber who attacked Saudi prince came from Yemen

Bomber who attacked Saudi prince came from Yemen

Yemen says the suicide bomber who lightly wounded Saudi Arabia's assistant interior minister on Thursday set out from an area of Yemen known to be an al Qaida sanctuary. A crackdown on al Qaida's Saudi branch has forced it to move most of its operations t
Published 30 Aug, 2009 12:00am
Accountants see Canada's economy set to grow

Accountants see Canada's economy set to grow

Optimism about Canada's economy shot higher among senior-level chartered accountants, but it could still be a while before things turn around, a survey showed on Wednesday. The Canadian Institute of Chartered Accountants and Royal Bank of Canada's Busines
Published 30 Aug, 2009 12:00am
SBP invites bids for Ijara Sukuk

SBP invites bids for Ijara Sukuk

The State Bank of Pakistan on Saturday invited tenders for sale of 3-Year Government of Pakistan Ijara Sukuk (GIS). Tenders have been invited by the Director, Domestic Markets & Monetary Management Department (DMMD), State Bank of Pakistan, Karachi from d
Published 30 Aug, 2009 12:00am
Once-stable Sweden leads Norway in forex volatility

Once-stable Sweden leads Norway in forex volatility

Signals from the currency options market are exposing concerns about the outlook for the Swedish crown, one of the latest symbols of risk appetite, moving in lock step with the rise in global equities. The Swedish crown's implied volatility, or "vol," a m
Published 30 Aug, 2009 12:00am
SBP invites bids for Ijara Sukuk

SBP invites bids for Ijara Sukuk

The State Bank of Pakistan on Saturday invited tenders for sale of 3-Year Government of Pakistan Ijara Sukuk (GIS). Tenders have been invited by the Director, Domestic Markets & Monetary Management Department (DMMD), State Bank of Pakistan, Karachi from d
Published 30 Aug, 2009 12:00am
Fund view: correction in stocks to boost dollar, says Capricorn

Fund view: correction in stocks to boost dollar, says Capricorn

The US equity market is due for a pullback and this could support the dollar as an inverse correlation, in which the two assets tend to move in opposite directions, is intact, a Switzerland-based currency manager said. Over the past few months, the dollar
Published 30 Aug, 2009 12:00am
SBP invites bids for Ijara Sukuk

SBP invites bids for Ijara Sukuk

The State Bank of Pakistan on Saturday invited tenders for sale of 3-Year Government of Pakistan Ijara Sukuk (GIS). Tenders have been invited by the Director, Domestic Markets & Monetary Management Department (DMMD), State Bank of Pakistan, Karachi from d
Published 30 Aug, 2009 12:00am
Big CBOT wheat deliveries seen as convergence eyed

Big CBOT wheat deliveries seen as convergence eyed

Ample supplies of US soft red winter wheat and lackluster demand for the grain will promote big first-day deliveries against the September Chicago Board of wheat contract on Monday, traders and analysts said. Given current soft US cash wheat markets they
Published 30 Aug, 2009 12:00am
SBP invites bids for Ijara Sukuk

SBP invites bids for Ijara Sukuk

The State Bank of Pakistan on Saturday invited tenders for sale of 3-Year Government of Pakistan Ijara Sukuk (GIS). Tenders have been invited by the Director, Domestic Markets & Monetary Management Department (DMMD), State Bank of Pakistan, Karachi from d
Published 30 Aug, 2009 12:00am
Fund view: correction in stocks to boost dollar, says Capricorn

Fund view: correction in stocks to boost dollar, says Capricorn

The US equity market is due for a pullback and this could support the dollar as an inverse correlation, in which the two assets tend to move in opposite directions, is intact, a Switzerland-based currency manager said. Over the past few months, the dollar
Published 30 Aug, 2009 12:00am
Methanol fuel cell startup eyes hybrid market

Methanol fuel cell startup eyes hybrid market

A fast-growing Silicon Valley start-up firm is aiming to put its methanol-based fuel cells in electric vehicles and plug-in hybrid cars. Oorja Protonics, which sells its fuel cells to Nissan Motor Co, is working to have a product that can be used as a ran
Published 30 Aug, 2009 12:00am
Global commodity prices diverge amid recovery hopes

Global commodity prices diverge amid recovery hopes

The prices of raw materials were mixed last week in cautious trade despite increased signs of global economic recovery. The US economy, the world's biggest, appeared to hold on its path of recovery from deep recession as output shrank at an un-revised 1.0
Published 30 Aug, 2009 12:00am
Methanol fuel cell startup eyes hybrid market

Methanol fuel cell startup eyes hybrid market

A fast-growing Silicon Valley start-up firm is aiming to put its methanol-based fuel cells in electric vehicles and plug-in hybrid cars. Oorja Protonics, which sells its fuel cells to Nissan Motor Co, is working to have a product that can be used as a ran
Published 30 Aug, 2009 12:00am
World market price for upland cotton

World market price for upland cotton

The US Agriculture Department (USDA) set the prevailing world market price for upland cotton at 46.13 cents per lbs, effective through September 3. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton. The ne
Published 30 Aug, 2009 12:00am
Methanol fuel cell startup eyes hybrid market

Methanol fuel cell startup eyes hybrid market

A fast-growing Silicon Valley start-up firm is aiming to put its methanol-based fuel cells in electric vehicles and plug-in hybrid cars. Oorja Protonics, which sells its fuel cells to Nissan Motor Co, is working to have a product that can be used as a ran
Published 30 Aug, 2009 12:00am
New York coffee higher

New York coffee higher

Arabica coffee futures consolidated to settle higher Friday, paring earlier gains but moving rangebound in thin dealings as roasters bought on the way down, traders said. The December coffee contract rose 0.95 cent to close at $1.2230 a lb. Session range
Published 30 Aug, 2009 12:00am
Hardline Tehran prosecutor is dismissed

Hardline Tehran prosecutor is dismissed

Hardline Tehran Prosecutor Saeid Mortazavi was dismissed Saturday by the new Iranian chief judge, the labour news agency ILNA reported.Chief judge Sadeq Amoli-Larijani replaced Mortazavi with Abbas Jafar Dowlatbadi, ILNA reported. Mortazavi was one of the
Published 30 Aug, 2009 12:00am
Brazil coffee: trade quiet as market awaits government action

Brazil coffee: trade quiet as market awaits government action

Physical trade in Brazil's coffee market remained quiet this week amid expectations the government would soon announce acquisitions to build up public coffee stocks, traders said. Brazil's government is mulling more purchases of beans from farmers after c
Published 30 Aug, 2009 12:00am
Obama hails Kennedy as 'greatest legislator'

Obama hails Kennedy as 'greatest legislator'

President Barack Obama hailed Senator Edward Kennedy as the "greatest legislator of our time" at the funeral on Saturday of the towering politician and patriarch of the pre-eminent American political dynasty. Former presidents, senators and representative
Published 30 Aug, 2009 12:00am
Soya surges on tight stocks

Soya surges on tight stocks

US soybean futures rose nearly 2.5 percent in early trading at the Chicago Board of Trade on Friday as competition heated up to buy limited supplies ahead of harvest, traders said. Tight supplies in the United States, the world's top soy grower and export
Published 30 Aug, 2009 12:00am
Hardline Tehran prosecutor is dismissed

Hardline Tehran prosecutor is dismissed

Hardline Tehran Prosecutor Saeid Mortazavi was dismissed Saturday by the new Iranian chief judge, the labour news agency ILNA reported.Chief judge Sadeq Amoli-Larijani replaced Mortazavi with Abbas Jafar Dowlatbadi, ILNA reported. Mortazavi was one of the
Published 30 Aug, 2009 12:00am
Australia's wheat region may not get enough rain

Australia's wheat region may not get enough rain

Predicted rains over parts of eastern Australia may not be enough to fully salvage the wheat crop as persistent drier-than-normal weather threatens yields in the region, meteorologists and analysts said on Friday. But lack of rains in northern New South W
Published 30 Aug, 2009 12:00am
Sudan wraps up deals over contested oil blocs

Sudan wraps up deals over contested oil blocs

Sudan said this week it had finalised settlements on two disputed oil blocs in its strife-torn south as it seeks to reconcile agreements made by both the Khartoum government and former southern rebels. Some foreign firms have withdrawn after finding conce
Published 30 Aug, 2009 12:00am
US rice rallies

US rice rallies

US rice futures on the Chicago Board of Trade rallied late Friday, with new-crop November touching the 50-cent daily limit on fears that a cool weekend in key crop areas like Arkansas will hurt yields, traders said. Crop maturity in top rice state of Arka
Published 30 Aug, 2009 12:00am
US faces smaller, smarter enemy in Afghanistan

US faces smaller, smarter enemy in Afghanistan

After three tours in Iraq, US Marine Sgt. Andre Leon was used to brutal shootouts with enemy fighters and expected more of the same in Afghanistan. Instead, what he's seen so far are anonymous attacks in the form of mines and roadside bombings _ the mark
Published 30 Aug, 2009 12:00am
Brazil sugar: record exports put shipping capacity to test

Brazil sugar: record exports put shipping capacity to test

Huge quantities of sugar exports are leading port terminals in Brazil's center-south to work at close to full capacity, which could delay future shipments, traders and analysts said on Friday. Strong activity at ports, however, should not reduce total exp
Published 30 Aug, 2009 12:00am
Obama hails Kennedy as 'greatest legislator'

Obama hails Kennedy as 'greatest legislator'

President Barack Obama hailed Senator Edward Kennedy as the "greatest legislator of our time" at the funeral on Saturday of the towering politician and patriarch of the pre-eminent American political dynasty. Former presidents, senators and representative
Published 30 Aug, 2009 12:00am
New York cocoa futures lower after slide

New York cocoa futures lower after slide

US cocoa futures closed quietly lower on Friday, consolidating in quiet dealings with pressure from weak chart-based indicators following Thursday's 6.5 percent fall, traders said. Benchmark December cocoa on ICE Futures US fell $22 to close at $2,799 per
Published 30 Aug, 2009 12:00am
Sudan wraps up deals over contested oil blocs

Sudan wraps up deals over contested oil blocs

Sudan said this week it had finalised settlements on two disputed oil blocs in its strife-torn south as it seeks to reconcile agreements made by both the Khartoum government and former southern rebels. Some foreign firms have withdrawn after finding conce
Published 30 Aug, 2009 12:00am
US gold climbs

US gold climbs

US gold futures rallied to a three-week high on Friday, gaining 1 percent as recent signs of economic recovery boosted the metal as a hedge against rising inflation in the longer term. December gold settled up $11.50, or 1.2 percent, at $958.80 an ounce o
Published 30 Aug, 2009 12:00am
Sudan wraps up deals over contested oil blocs

Sudan wraps up deals over contested oil blocs

Sudan said this week it had finalised settlements on two disputed oil blocs in its strife-torn south as it seeks to reconcile agreements made by both the Khartoum government and former southern rebels. Some foreign firms have withdrawn after finding conce
Published 30 Aug, 2009 12:00am
US copper futures sharply higher

US copper futures sharply higher

US copper futures surged to prices unseen in 11-months after robust US consumer spending data suggested demand for the metal might increase, then closed off that peak at still-lofty levels as many players squared their books at month's end, analysts said.
Published 30 Aug, 2009 12:00am
US faces smaller, smarter enemy in Afghanistan

US faces smaller, smarter enemy in Afghanistan

After three tours in Iraq, US Marine Sgt. Andre Leon was used to brutal shootouts with enemy fighters and expected more of the same in Afghanistan. Instead, what he's seen so far are anonymous attacks in the form of mines and roadside bombings _ the mark
Published 30 Aug, 2009 12:00am
AEW Europe sees window closing for UK property buys

AEW Europe sees window closing for UK property buys

AEW Europe, one of the region's largest property investors, sees the window of opportunity to make UK acquisitions closing, and plans to shift focus to the continent when prices fall further, its chief executive said. AEW Europe, which manages 17 billion
Published 30 Aug, 2009 12:00am
AEW Europe sees window closing for UK property buys

AEW Europe sees window closing for UK property buys

AEW Europe, one of the region's largest property investors, sees the window of opportunity to make UK acquisitions closing, and plans to shift focus to the continent when prices fall further, its chief executive said. AEW Europe, which manages 17 billion
Published 30 Aug, 2009 12:00am
Awards Certifications and Affiliation

Awards Certifications and Affiliation

Award from World Health Organization (WHO) SKMCH&RC was presented the World Health Organization's UAE Foundation Prize for 'Outstanding work in health development that has already been accomplished and that has extended far beyond the call of normal dutie
Published 30 Aug, 2009 12:00am
Indo-Pak ties: some 'elements' hinder improvement, says Singh

Indo-Pak ties: some 'elements' hinder improvement, says Singh

Indian Prime Minister Manmohan Singh on Saturday rejected claims that India's 1998 nuclear tests were not successful, a news report said. "A wrong impression has been given by some scientists which is needless. Former president APJ Abdul Kalam has clarifi
Published 30 Aug, 2009 12:00am
The Year at a Glance

The Year at a Glance

Shauka Khanum Memorial Cancer Hospital and Research Center has continued to function and provide care as envisioned by its mission, which has been to provide state of the art cancer care, irrespective of the ability to pay and to pursue education and rese
Published 30 Aug, 2009 12:00am
Indo-Pak ties: some 'elements' hinder improvement, says Singh

Indo-Pak ties: some 'elements' hinder improvement, says Singh

Indian Prime Minister Manmohan Singh on Saturday rejected claims that India's 1998 nuclear tests were not successful, a news report said. "A wrong impression has been given by some scientists which is needless. Former president APJ Abdul Kalam has clarifi
Published 30 Aug, 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 30 Aug, 2009 12:00am
Italy''s DMT not for sale, eyeing tower business

Italy''s DMT not for sale, eyeing tower business

Digital Multimedia Technologies, an Italian communications infrastructure group, is not for sale and is considering acquisitions to expand its core transmission tower business, Chairman and CEO Alessandro Falciai told Reuters. "We might start thinking abo
Published 30 Aug, 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 30 Aug, 2009 12:00am
Italy's DMT not for sale, eyeing tower business

Italy's DMT not for sale, eyeing tower business

Digital Multimedia Technologies, an Italian communications infrastructure group, is not for sale and is considering acquisitions to expand its core transmission tower business, Chairman and CEO Alessandro Falciai told Reuters. "We might start thinking abo
Published 30 Aug, 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 Saturday (August 29, 2009).

Published 30 Aug, 2009 12:00am
Italy's DMT not for sale, eyeing tower business

Italy's DMT not for sale, eyeing tower business

Digital Multimedia Technologies, an Italian communications infrastructure group, is not for sale and is considering acquisitions to expand its core transmission tower business, Chairman and CEO Alessandro Falciai told Reuters. "We might start thinking abo
Published 30 Aug, 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 Saturday (August 29, 2009).

Published 30 Aug, 2009 12:00am
AEW Europe sees window closing for UK property buys

AEW Europe sees window closing for UK property buys

AEW Europe, one of the region''s largest property investors, sees the window of opportunity to make UK acquisitions closing, and plans to shift focus to the continent when prices fall further, its chief executive said. AEW Europe, which manages 17 billion
Published 30 Aug, 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 Saturday (August 29, 2009).

Published 30 Aug, 2009 12:00am
CAF may get back anti-smuggling powers

CAF may get back anti-smuggling powers

The federal government may restore anti-smuggling powers of Civil Armed Forces, including Frontier Corps of Balochistan and NWFP, Pakistan Rangers of Punjab and Sindh, Pakistan Coast Guards and Frontier Constabulary. Sources told Business Recorder
Published 30 Aug, 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 Saturday (August 29, 2009).

Published 30 Aug, 2009 12:00am
ECP proposes electoral reforms

ECP proposes electoral reforms

The Election Commission of Pakistan (ECP) in its proposed electoral reforms has recommended that when the President dissolves the National Assembly, he shall consult with the Chief Election Commissioner. "The President will also consult with the Prime Min
Published 30 Aug, 2009 12:00am
ECP proposes electoral reforms

ECP proposes electoral reforms

The Election Commission of Pakistan (ECP) in its proposed electoral reforms has recommended that when the President dissolves the National Assembly, he shall consult with the Chief Election Commissioner. "The President will also consult with the Prime Min
Published 30 Aug, 2009 12:00am
Rs 4.80 per litre hike in POL prices likely: Finance backs proposal

Rs 4.80 per litre hike in POL prices likely: Finance backs proposal

The government is likely to increase the price of petroleum products up to Rs 4.80 per litre in line with the rise in global oil prices and the decline in the external rupee value, effective from September 1. According to sources, in a summary moved to Pr
Published 30 Aug, 2009 12:00am
CAF may get back anti-smuggling powers

CAF may get back anti-smuggling powers

The federal government may restore anti-smuggling powers of Civil Armed Forces, including Frontier Corps of Balochistan and NWFP, Pakistan Rangers of Punjab and Sindh, Pakistan Coast Guards and Frontier Constabulary. Sources told Business Recorder
Published 30 Aug, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 29, 2009).
Published 30 Aug, 2009 12:00am
CAF may get back anti-smuggling powers

CAF may get back anti-smuggling powers

The federal government may restore anti-smuggling powers of Civil Armed Forces, including Frontier Corps of Balochistan and NWFP, Pakistan Rangers of Punjab and Sindh, Pakistan Coast Guards and Frontier Constabulary. Sources told Business Recorder
Published 30 Aug, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (August 29, 2009).

Published 30 Aug, 2009 12:00am
Rs 4.80 per litre hike in POL prices likely: Finance backs proposal

Rs 4.80 per litre hike in POL prices likely: Finance backs proposal

The government is likely to increase the price of petroleum products up to Rs 4.80 per litre in line with the rise in global oil prices and the decline in the external rupee value, effective from September 1. According to sources, in a summary moved to Pr
Published 30 Aug, 2009 12:00am
3,500 tons of imported sugar arrives

3,500 tons of imported sugar arrives

A consignment of 3,500 tons imported sugar reached Karachi from Dubai on Saturday morning, transported by mv TF Dubai in 150 containers, which docked at Karachi International Container Terminal (KICT), sources said. It was part of 50,000 tons sugar booked
Published 30 Aug, 2009 12:00am
KESC urges centre to make power theft non-bailable offence

KESC urges centre to make power theft non-bailable offence

Karachi Electric Supply Company (KESC) has requested the federal government for making electricity theft a non-bailable offence, like many other countries of the world. This was stated by Naveed Ismail, Chief Executive Officer (CEO) of KESC, while address
Published 30 Aug, 2009 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 (August 29, 2009).

Published 30 Aug, 2009 12:00am
KESC urges centre to make power theft non-bailable offence

KESC urges centre to make power theft non-bailable offence

Karachi Electric Supply Company (KESC) has requested the federal government for making electricity theft a non-bailable offence, like many other countries of the world. This was stated by Naveed Ismail, Chief Executive Officer (CEO) of KESC, while address
Published 30 Aug, 2009 12:00am
KESC urges centre to make power theft non-bailable offence

KESC urges centre to make power theft non-bailable offence

Karachi Electric Supply Company (KESC) has requested the federal government for making electricity theft a non-bailable offence, like many other countries of the world. This was stated by Naveed Ismail, Chief Executive Officer (CEO) of KESC, while address
Published 30 Aug, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (August 29, 2009).

Published 30 Aug, 2009 12:00am
Rs 4.80 per litre hike in POL prices likely: Finance backs proposal

Rs 4.80 per litre hike in POL prices likely: Finance backs proposal

The government is likely to increase the price of petroleum products up to Rs 4.80 per litre in line with the rise in global oil prices and the decline in the external rupee value, effective from September 1. According to sources, in a summary moved to Pr
Published 30 Aug, 2009 12:00am
TIP and PPR at loggerheads?

TIP and PPR at loggerheads?

An unnecessary feud may be brewing between Transparency International Pakistan (TIP) and Pakistan Power Resources (PPR), one of the companies setting up rental power plants. TIP has written a strong-worded letter to PPR over the government's non-responsiv
Published 30 Aug, 2009 12:00am
Centre & provinces: VAT moot aims at developing consensus

Centre & provinces: VAT moot aims at developing consensus

One of the key objectives of organising the international 'Value-Added Tax (VAT) Conference' is to develop consensus among the federal government and the provinces on chalking out a uniform mechanism for collection of VAT on services. Sources told Busi
Published 30 Aug, 2009 12:00am
THE RUPEE: dollar extends gains

THE RUPEE: dollar extends gains

The rupee showed further weakness against dollar on the currency market on Saturday owing to the forward buying of the US currency by the importers, experts said. On the interbank market the rupee lost five paisa more versus dollar for buying and selling
Published 30 Aug, 2009 12:00am
3,500 tons of imported sugar arrives

3,500 tons of imported sugar arrives

A consignment of 3,500 tons imported sugar reached Karachi from Dubai on Saturday morning, transported by mv TF Dubai in 150 containers, which docked at Karachi International Container Terminal (KICT), sources said. It was part of 50,000 tons sugar booked
Published 30 Aug, 2009 12:00am
THE RUPEE: dollar extends gains

THE RUPEE: dollar extends gains

The rupee showed further weakness against dollar on the currency market on Saturday owing to the forward buying of the US currency by the importers, experts said. On the interbank market the rupee lost five paisa more versus dollar for buying and selling
Published 30 Aug, 2009 12:00am
Previous Day