News Archives for Print - 2009-11-24

US treasuries bid prices

US treasuries bid prices on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Karachi share market on Monday witnessed negative trend and the KSE-100 index fell by 84.40 points to close at 9,221.96 points. The market opened on a negative note and remained volatile throughout the day. During the session, the KSE-100 index hit 9,185.

Published 24 Nov, 2009 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Index loses 84.40 points

Karachi share market on Monday witnessed negative trend and the KSE-100 index fell by 84.40 points to close at 9,221.96 points. The market opened on a negative note and remained volatile throughout the day. During the session, the KSE-100 index hit 9,185.

Published 24 Nov, 2009 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Loans written off by commercial banks: PML-N asks government to make public names of politicians

Following the release of the list of beneficiaries of National Reconciliation Ordinance (NRO) that led to increase in country's political temperature, Pakistan Muslim League (Nawaz) on Monday urged the government to make public names of those politicians,

Published 24 Nov, 2009 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Loans written off by commercial banks: PML-N asks government to make public names of politicians

Following the release of the list of beneficiaries of National Reconciliation Ordinance (NRO) that led to increase in country's political temperature, Pakistan Muslim League (Nawaz) on Monday urged the government to make public names of those politicians,

Published 24 Nov, 2009 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Wapda to curtail supply: barge-mounted plant not to improve KESC capacity

The 232 megawatts barge-mounted rental power plant, due to arrive here next month, will not benefit this load shedding-hit commercial and industrial hub of the country. Soon after starting the supply of 232 mw from the plant, a reduction of same amount of

Published 24 Nov, 2009 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Wapda to curtail supply: barge-mounted plant not to improve KESC capacity

The 232 megawatts barge-mounted rental power plant, due to arrive here next month, will not benefit this load shedding-hit commercial and industrial hub of the country. Soon after starting the supply of 232 mw from the plant, a reduction of same amount of

Published 24 Nov, 2009 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Wapda to curtail supply: barge-mounted plant not to improve KESC capacity

The 232 megawatts barge-mounted rental power plant, due to arrive here next month, will not benefit this load shedding-hit commercial and industrial hub of the country. Soon after starting the supply of 232 mw from the plant, a reduction of same amount of

Published 24 Nov, 2009 12:00am

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 (November 23, 2009).

Published 24 Nov, 2009 12:00am

Commercial counsellors abroad: Supreme Court takes note of 'contentious' appointments

The Supreme Court has taken notice of Prime Minister Secretariat backed 'contentious' appointments of commercial counsellors (three from private sector and one from public sector) over an anonymous application submitted by one of the victims, well-informe

Published 24 Nov, 2009 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Commercial counsellors abroad: Supreme Court takes note of 'contentious' appointments

The Supreme Court has taken notice of Prime Minister Secretariat backed 'contentious' appointments of commercial counsellors (three from private sector and one from public sector) over an anonymous application submitted by one of the victims, well-informe

Published 24 Nov, 2009 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

NRO beneficiary: Saeed Mehdi quits as advisor to chief minister

Advisor to Punjab Chief Minister Muhammad Saeed Mehdi on Monday set an example for others when he resigned from his office following inclusion of his name in the list of beneficiaries of National Reconciliation Ordinance (NRO). Punjab Chief Minister Mian

Published 24 Nov, 2009 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

NRO beneficiary: Saeed Mehdi quits as advisor to chief minister

Advisor to Punjab Chief Minister Muhammad Saeed Mehdi on Monday set an example for others when he resigned from his office following inclusion of his name in the list of beneficiaries of National Reconciliation Ordinance (NRO). Punjab Chief Minister Mian

Published 24 Nov, 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 Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

I am not beneficiary of NRO: Mukhtar

Minister for Defence, Chaudhry Ahmed Mukhtar on Monday said that he is not a beneficiary of National Reconciliation Ordinance (NRO) but a victim and would resign from office if 'Sugar quota case' was proved against him. Addressing a press conference here

Published 24 Nov, 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 Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

I am not beneficiary of NRO: Mukhtar

Minister for Defence, Chaudhry Ahmed Mukhtar on Monday said that he is not a beneficiary of National Reconciliation Ordinance (NRO) but a victim and would resign from office if 'Sugar quota case' was proved against him. Addressing a press conference here

Published 24 Nov, 2009 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

Balochistan package given final touches

Prime Minister Syed Yousuf Raza Gilani has called a meeting of the Parliamentary Committee on Balochistan to give final touches to Aghaz-e-Haqooq-e-Balochistan package being presented before the joint sitting of the parliament on Tuesday.

Published 24 Nov, 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 24 Nov, 2009 12:00am

Gilani and Zardari discuss political situation

Prime Minister Yousuf Raza Gilani called on President Asif Ali Zardari at the Presidency on Monday and discussed political and security issues confronting by the country. During the meeting matters relating to the current political situation, NRO, the ong

Published 24 Nov, 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 24 Nov, 2009 12:00am

'Word 'accountability' was badly used': why focus on only 34 names, Prime Minister questions media

Prime Minister Yousuf Raza Gilani on Monday said the word 'accountability' was badly misused and exploited by dictators, including Pervez Musharraf against their opponents, but they failed to prove any case against politicians.

Published 24 Nov, 2009 12:00am

Karachi interbank rates

Karachi interbank rates on Monday (November 23, 2009).

Published 24 Nov, 2009 12:00am

'Word 'accountability' was badly used': why focus on only 34 names, Prime Minister questions media

Prime Minister Yousuf Raza Gilani on Monday said the word 'accountability' was badly misused and exploited by dictators, including Pervez Musharraf against their opponents, but they failed to prove any case against politicians.

Published 24 Nov, 2009 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Nov, 2009 12:00am

Fortnightly basis: refineries and OMCs seek oil price review

Oil refineries and Oil Marketing Companies (OMCs) on Monday requested the government to review oil prices on a fortnightly basis instead of monthly to secure them from margin losses due to fluctuation in global oil prices. They also sought increase in dee

Published 24 Nov, 2009 12:00am

The Roar of JF-17 Thunder

November 23, 2009 is a red letter day for Pakistan and its air force since on this auspicious day, the hard work of its engineers, technicians, pilots and the prayers of the nation are being rewarded as Pakistan joins the august group of nations capable o

Published 24 Nov, 2009 12:00am

Fortnightly basis: refineries and OMCs seek oil price review

Oil refineries and Oil Marketing Companies (OMCs) on Monday requested the government to review oil prices on a fortnightly basis instead of monthly to secure them from margin losses due to fluctuation in global oil prices. They also sought increase in dee

Published 24 Nov, 2009 12:00am

First JF-17 Roll-out from PAC KAMRA

What is the most sophisticated, scientifically the most advanced and economically the most efficient manufactured product ever produced in South Asia? Answer: Joint Fighter JF-17. Who has produced the least expensive, light-weight, multi-role fighter airc

Published 24 Nov, 2009 12:00am

Fortnightly basis: refineries and OMCs seek oil price review

Oil refineries and Oil Marketing Companies (OMCs) on Monday requested the government to review oil prices on a fortnightly basis instead of monthly to secure them from margin losses due to fluctuation in global oil prices. They also sought increase in dee

Published 24 Nov, 2009 12:00am

Message from President of AVIC

Congratulation. I am so delighted to learn that the first JF-17 aircraft manufactured in Pakistan will be delivered to Pakistan Air Force.

Published 24 Nov, 2009 12:00am

SBP ensures sound financial system: Raza

State Bank of Pakistan Governor Syed Salim Raza has said the central bank strived to strike a balance between price stability and growth in a challenging economic environment and ensured a stable financial system by proactively responding to emerging risk

Published 24 Nov, 2009 12:00am

Message from Federal Minister for Defence Production

This day marks the culmination of an extremely important phase in the history of aviation industry of Pakistan. The rollout of the first JF-17 aircraft, co-produced in Pakistan at Pakistan Aeronautical Complex (PAC) Kamra, is a historic event, which signi

Published 24 Nov, 2009 12:00am

SBP ensures sound financial system: Raza

State Bank of Pakistan Governor Syed Salim Raza has said the central bank strived to strike a balance between price stability and growth in a challenging economic environment and ensured a stable financial system by proactively responding to emerging risk

Published 24 Nov, 2009 12:00am

Message from Federal Minister for Defence

The 23rd of November 2009 is a very significant day in the history of our country and our defence sector in particular. Today, we celebrate the occasion of rollout of the first JF-17 aircraft co-produced in Pakistan. It is a moment of pride for the entire

Published 24 Nov, 2009 12:00am

SBP ensures sound financial system: Raza

State Bank of Pakistan Governor Syed Salim Raza has said the central bank strived to strike a balance between price stability and growth in a challenging economic environment and ensured a stable financial system by proactively responding to emerging risk

Published 24 Nov, 2009 12:00am

Message from Air Chief Marshal, NI(M), S.BT, Chief of The Air Staff

Today, we celebrate the momentous event of the rollout of first JF-17 aircraft produced in Pakistan. It is indeed a landmark achievement, which signifies the triumph of the will of our nation. It is an occasion for the entire nation to celebrate and thank

Published 24 Nov, 2009 12:00am

Monetary Policy review today

The State Bank of Pakistan (SBP) is likely to cut the policy rate owing to sharp decline in inflation, which has shrunk to single digit, after a gap of 22 months, sources said. The central bank is going to review the monetary policy for the two months (No

Published 24 Nov, 2009 12:00am

Message from Prime Minister, Islamic Republic of Pakistan

Today, Pakistan Air Force marks the occasion of rollout of the first JF-17 aircraft co-produced in Pakistan at Pakistan Aeronautical Complex (PAC), Kamra. Today's achievement is not only an accomplishment for the PAF but also reflects the true spirit of d

Published 24 Nov, 2009 12:00am

Monetary Policy review today

The State Bank of Pakistan (SBP) is likely to cut the policy rate owing to sharp decline in inflation, which has shrunk to single digit, after a gap of 22 months, sources said. The central bank is going to review the monetary policy for the two months (No

Published 24 Nov, 2009 12:00am

Message from The President, Islamic Republic of Pakistan

I wish to congratulate Pakistan Air Force on the rollout ceremony of first JF-17 aircraft, co-produced in Pakistan. The event marks the achievement of an important milestone in the history of Pakistan aviation industry and Pakistan Air Force. It reflects

Published 24 Nov, 2009 12:00am

Monetary Policy review today

The State Bank of Pakistan (SBP) is likely to cut the policy rate owing to sharp decline in inflation, which has shrunk to single digit, after a gap of 22 months, sources said. The central bank is going to review the monetary policy for the two months (No

Published 24 Nov, 2009 12:00am

Plastic mouldings higher on Jodia Bazar

The trading in plastic moulding compounds closed higher on Jodia Bazar here on Monday. The following changes were noted.

Published 24 Nov, 2009 12:00am

''''Infrastructure Bank'''', Mortgage Company to be set up

State Bank of Pakistan Governor Salim Raza has said that the central bank is working on the establishment of ''''Infrastructure Development Bank'''' and ''''Mortgage Refinance Company'''' under public-private partnership for the growth and development of

Published 24 Nov, 2009 12:00am

Oil cake market rates

Prices were higher on the forward cottonseed oilcake market on Monday in process of strong demand, dealers said. The December vaida, which closed at 913.70 opened with a gain of 20 paisa at Rs 913.90, and the January contract, which ended at Rs 956.40 ope

Published 24 Nov, 2009 12:00am

''Infrastructure Bank'', Mortgage Company to be set up

State Bank of Pakistan Governor Salim Raza has said that the central bank is working on the establishment of ''Infrastructure Development Bank'' and ''Mortgage Refinance Company'' under public-private partnership for the growth and development of infrastr

Published 24 Nov, 2009 12:00am

Cotton business volume slackens on lack of transport facility

In the absence of transport facility, the mills and exporters kept to the sidelines on the cotton market on Monday, dealers said. The official spot rate was unchanged at Rs 4100, brokers said. In the ready business nearly 22,000 bales of cotton changed ha

Published 24 Nov, 2009 12:00am

'Infrastructure Bank', Mortgage Company to be set up

State Bank of Pakistan Governor Salim Raza has said that the central bank is working on the establishment of 'Infrastructure Development Bank' and 'Mortgage Refinance Company' under public-private partnership for the growth and development of infrastructu

Published 24 Nov, 2009 12:00am

China's October coal imports triple

China's coal imports rose 219.5 percent from a year earlier to 11.14 million tonnes in October, official customs data showed on Monday. The volume, however, was 11.2 percent lower than in September, Reuters calculation showed. China's coal imports hit a r

Published 24 Nov, 2009 12:00am

'Infrastructure Bank', Mortgage Company to be set up

State Bank of Pakistan Governor Salim Raza has said that the central bank is working on the establishment of 'Infrastructure Development Bank' and 'Mortgage Refinance Company' under public-private partnership for the growth and development of infrastructu

Published 24 Nov, 2009 12:00am

Mixed trend on grain market

Mixed trend was seen on wholesale grain market on Monday as needy buyers were in the market to cover the forward needs, dealers said On the cereal side guwar Sindh low type gained Rs 200 to Rs 2400 and better type was up by Rs 100 to Rs 3600. Guwar Punjab

Published 24 Nov, 2009 12:00am

Japanese hostage in Yemen freed

A Japanese engineer kidnapped by tribesmen near the Yemeni capital on November 15 was released on Monday, Sanaa's governor Numan Duid announced. "The hostage has been freed and is now with tribal chiefs who negotiated his release," Duid told reporters. He

Published 24 Nov, 2009 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 261,608 tonnes of cargo including 198,861 tonnes import and 62,747 tonnes export cargo including 3,429 empty and loaded containers during last 48 hours ending at 0700 hours on Monday.

Published 24 Nov, 2009 12:00am

Japanese hostage in Yemen freed

A Japanese engineer kidnapped by tribesmen near the Yemeni capital on November 15 was released on Monday, Sanaa's governor Numan Duid announced. "The hostage has been freed and is now with tribal chiefs who negotiated his release," Duid told reporters. He

Published 24 Nov, 2009 12:00am

US Plains HRW wheat bids steady

Basis bids for hard red winter wheat in the US Plains held steady Monday, with the market mostly quiet as farmers focused on wrapping up soybean harvest. Merchants said farmers were largely done with winter wheat seeding, and some were trying to sell unus

Published 24 Nov, 2009 12:00am

Suroor Investment acquires Atlas Bank''''s majority shares

Suroor Investment Ltd, led by prominent banker Hussain Lawai, has acquired majority shares of Atlas Bank limited at a prices of Rs 4.50 per share. "Suroor Investment is keenly interested to enhance Arif Habib Bank''''s nation-wide operation by acquiring s

Published 24 Nov, 2009 12:00am

Russian wheat export prices up

Export prices for Russian ordinary wheat, the country's main exported cereal, rose last week after a victory at an Egyptian tender, while domestic wheat prices edged down on a stronger dollar, analysts said on Monday. Ordinary milling wheat, with up to 1

Published 24 Nov, 2009 12:00am

Suroor Investment acquires Atlas Bank''s majority shares

Suroor Investment Ltd, led by prominent banker Hussain Lawai, has acquired majority shares of Atlas Bank limited at a prices of Rs 4.50 per share. "Suroor Investment is keenly interested to enhance Arif Habib Bank''s nation-wide operation by acquiring som

Published 24 Nov, 2009 12:00am

Strong start for Ivorian cocoa season

A strong start to Ivory Coast's cocoa season has brightened the outlook for the full-year harvest in the world's top supplier, which exporters had worried would plumb a fresh multi-year low. Cocoa output in the first six weeks of the season, which began o

Published 24 Nov, 2009 12:00am

Suroor Investment acquires Atlas Bank's majority shares

Suroor Investment Ltd, led by prominent banker Hussain Lawai, has acquired majority shares of Atlas Bank limited at a prices of Rs 4.50 per share. "Suroor Investment is keenly interested to enhance Arif Habib Bank's nation-wide operation by acquiring some

Published 24 Nov, 2009 12:00am

Kenya's October tea output down

Kenyan tea production fell 7 percent in October from the same month a year earlier, despite a rise in output in the West of Rift region thanks to the onset of seasonal rains, the Tea Board of Kenya said on Monday. Kenya produced 32.7 million kgs of tea in

Published 24 Nov, 2009 12:00am

Suroor Investment acquires Atlas Bank's majority shares

Suroor Investment Ltd, led by prominent banker Hussain Lawai, has acquired majority shares of Atlas Bank limited at a prices of Rs 4.50 per share. "Suroor Investment is keenly interested to enhance Arif Habib Bank's nation-wide operation by acquiring some

Published 24 Nov, 2009 12:00am

Egypt to raise purchase price for local wheat

Egypt will raise the price at which it buys Egyptian wheat from farmers to 270 Egyptian pounds ($49.50) per ardeb (150 kg), a ministry of agriculture adviser said on Sunday. "The decision was announced to parliament by the Agriculture Minister," Saad Nass

Published 24 Nov, 2009 12:00am

Babri mosque razing inquiry conclusions: Indian MPs halt parliament

Hindu nationalist lawmakers in India caused uproar in parliament on Monday after accusations they had orchestrated the razing of a mosque that led to bloody religious riots 17 years ago. Bharatiya Janata Party (BJP) members repeatedly shouted down the spe

Published 24 Nov, 2009 12:00am

US Midwest corn bids weak, soya steady

Corn spot basis bids weakened as harvest of the grain continued around the US Midwest on Monday, while soya bids held steady, grain dealers said. Farmers in Iowa booked sales of soyabeans as futures rallied nearly 2 percent in overnight trade.

Published 24 Nov, 2009 12:00am

Babri mosque razing inquiry conclusions: Indian MPs halt parliament

Hindu nationalist lawmakers in India caused uproar in parliament on Monday after accusations they had orchestrated the razing of a mosque that led to bloody religious riots 17 years ago. Bharatiya Janata Party (BJP) members repeatedly shouted down the spe

Published 24 Nov, 2009 12:00am

China's October refined copper imports fall 40 percent

China's imports of refined copper fell 40 percent in October, easing after a sharp surge in the previous month, customs data showed on Monday, sowing fears of weaker demand and a price correction. Copper prices touched $6,980 a tonne on Monday, just $12 s

Published 24 Nov, 2009 12:00am

CCP has no legal authority to interfere in PIA affairs: Mukhtar says...

Defence Minister Chaudhry Ahmed Mukhtar on Monday said the Competition Commission of Pakistan (CCP) has no legal authority to interfere in the affairs of the Pakistan International Airlines and impose penalty on allegedly occupying dominant market positio

Published 24 Nov, 2009 12:00am

Southern rain set to push Thai rubber prices higher

Physical rubber prices in Thailand are expected to rise further and remain high over the next two weeks because of monsoon weather in major growing areas in the south, traders and officials said on Monday. Smoked rubber sheet prices have more than doubled

Published 24 Nov, 2009 12:00am

CCP has no legal authority to interfere in PIA affairs: Mukhtar says...

Defence Minister Chaudhry Ahmed Mukhtar on Monday said the Competition Commission of Pakistan (CCP) has no legal authority to interfere in the affairs of the Pakistan International Airlines and impose penalty on allegedly occupying dominant market positio

Published 24 Nov, 2009 12:00am

Shanghai copper rises

Copper prices rallied to their highest in over a year on Monday, shrugging off a 40 percent fall in China's refined copper imports in October as a weaker dollar and gains in other commodity markets dominated sentiment. "The market had probably priced in m

Published 24 Nov, 2009 12:00am

CCP has no legal authority to interfere in PIA affairs: Mukhtar says...

Defence Minister Chaudhry Ahmed Mukhtar on Monday said the Competition Commission of Pakistan (CCP) has no legal authority to interfere in the affairs of the Pakistan International Airlines and impose penalty on allegedly occupying dominant market positio

Published 24 Nov, 2009 12:00am

Gold strikes record

Gold powered to a record above $1,160 an ounce on Monday after a rally in the dollar ran out of steam, strong oil prices resurrected inflation worries, and a drop in US stocks stirred doubt about the economic outlook. Bullion, which has gained around 32 p

Published 24 Nov, 2009 12:00am

IMF head says world economy ''highly vulnerable''

The head of the IMF Dominique Strauss-Kahn said here on Monday that although the worst of the global financial storm had passed, the world economy remains "highly vulnerable." "Today the storm has passed. The worst has been averted thanks to a bold and ra

Published 24 Nov, 2009 12:00am

Egypt sells 4,234 tonnes cotton

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 4,234 tonnes of cotton in the week that ended on November 21, Alcotexa official told Reuters on Monday. The sales comprised 25 tonnes of Giza 87; 184 tonnes of Giza 70; 1,391 to

Published 24 Nov, 2009 12:00am

IMF head says world economy 'highly vulnerable'

The head of the IMF Dominique Strauss-Kahn said here on Monday that although the worst of the global financial storm had passed, the world economy remains "highly vulnerable." "Today the storm has passed. The worst has been averted thanks to a bold and ra

Published 24 Nov, 2009 12:00am

Oil tops $78 amid fresh Iran tensions

Oil prices rose above $78 a barrel on Monday as heightened tension between Iran and Western nations raised speculation over a potential supply risk, encouraging investors to push prices higher. Prices were also supported by a weaker US dollar, following d

Published 24 Nov, 2009 12:00am

IMF head says world economy 'highly vulnerable'

The head of the IMF Dominique Strauss-Kahn said here on Monday that although the worst of the global financial storm had passed, the world economy remains "highly vulnerable." "Today the storm has passed. The worst has been averted thanks to a bold and ra

Published 24 Nov, 2009 12:00am

Cane crushing off to slow start in Indian state

Sugar mills in India's second-biggest producing state have started crushing cane but production is off to a slow start up due to farmers' reluctance to sell their produce, the Economic Times newspaper reported on Monday. The paper said farmers, demanding

Published 24 Nov, 2009 12:00am

US and India to sign climate memorandum: Singh

Indian Prime Minister Manmohan Singh said Monday he will use a White House visit to ease differences on global warming with the United States ahead of an international conference next month. Singh, speaking on the eve of an elaborate welcome planned by Pr

Published 24 Nov, 2009 12:00am

Soya up 1.3 percent

US soya futures gained 1.3 percent on Monday, rising for a third straight session on strong Chinese demand and a broad-based rally in commodities powered by a weakening dollar. Corn and wheat also strengthened on spillover strength from firm commodity mar

Published 24 Nov, 2009 12:00am

US and India to sign climate memorandum: Singh

Indian Prime Minister Manmohan Singh said Monday he will use a White House visit to ease differences on global warming with the United States ahead of an international conference next month. Singh, speaking on the eve of an elaborate welcome planned by Pr

Published 24 Nov, 2009 12:00am

Tanzanian coffee prices rise

Tanzania's coffee prices rose at its latest auction, lifted by a rush to meet futures commitments ahead of the Christmas break, traders said on Monday. State-run Tanzania Coffee Board said 19,127 60-kg bags were offered at the sale and 17,402 bags were so

Published 24 Nov, 2009 12:00am

Obama to meet advisers on Afghanistan

President Barack Obama on Monday added to his schedule an evening session with top advisers on Afghanistan as he closes in on a decision on whether to send thousands more US troops. The White House said Obama would meet with Vice President Joe Biden, Secr

Published 24 Nov, 2009 12:00am

Philippines 2010 rice imports may reach three million tonnes

The Philippines, the world's biggest rice buyer, could import as much as 3 million tonnes of the grain next year after local crops were damaged by typhoons, a government official said on Monday. "That's the worst case scenario, you'll never know if harves

Published 24 Nov, 2009 12:00am

Obama to meet advisers on Afghanistan

President Barack Obama on Monday added to his schedule an evening session with top advisers on Afghanistan as he closes in on a decision on whether to send thousands more US troops. The White House said Obama would meet with Vice President Joe Biden, Secr

Published 24 Nov, 2009 12:00am

Malaysian tin gains

Malaysian tin rose 0.7 percent on Monday on strong demand from Europe and higher London Metal Exchange (LME) prices, one dealer said.

Published 24 Nov, 2009 12:00am

Jordan king dissolves parliament, calls election

Jordan's King Abdullah dissolved parliament and called for early elections, state television reported on Monday. The king issued a royal edict ordering the dissolution of what is widely considered a rubber stamp assembly, composed of 110 mainly tribal pro

Published 24 Nov, 2009 12:00am

Rains slow start to Western Australia grains harvest

Heavy rains restricted Western Australia state's 2009/10 grain receivals as of Monday to 1.8 million tonnes, 1 million tonnes below last year's comparable figure, grains handler CBH Group said on Monday. The harvest has faced a slow start since beginning

Published 24 Nov, 2009 12:00am

Jordan king dissolves parliament, calls election

Jordan's King Abdullah dissolved parliament and called for early elections, state television reported on Monday. The king issued a royal edict ordering the dissolution of what is widely considered a rubber stamp assembly, composed of 110 mainly tribal pro

Published 24 Nov, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	143.85
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 20	5,702.55
India Sensex / Sep 20	83,184.80
Tokyo Nikkei / Sep 20	37,723.91
Nasdaq / Sep 20	17,948.32
Hang Seng / Sep 20	18,258.57
FTSE 100 / Sep 20	8,229.99
Dow Jones / Sep 20	42,063.36
Germany DAX 30 / Sep 20	18,720.01

Item	Value
Crude Oil USD/Barrel / Sep 20	71.92
Karachi Cotton PKR/37.32 KG / Sep 20	18,935
Gold 10 Grams PKR / Sep 20	233,196
Gold Spot USD/Ounce / Sep 20	2,621.88
Cotton US¢/pound / Sep 20	73.52
Petrol/Litre / Sep 21	249.10

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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