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Print - 2009-11-28
Eid celebrated in UK, Europe and Gulf states

Eid celebrated in UK, Europe and Gulf states

Eid-ul-Azha was celebrated in Britain, Europe and Gulf states including Saudi Arabia with religious fervour. Over two million Hajj pilgrims offered Eid prayers in Saudi Arabia, reported a private TV news channel. At Mina, the pilgrims performed Ramy al-Ja
Published 28 Nov, 2009 12:00am
Eid celebrated in UK, Europe and Gulf states

Eid celebrated in UK, Europe and Gulf states

Eid-ul-Azha was celebrated in Britain, Europe and Gulf states including Saudi Arabia with religious fervour. Over two million Hajj pilgrims offered Eid prayers in Saudi Arabia, reported a private TV news channel. At Mina, the pilgrims performed Ramy al-Ja
Published 28 Nov, 2009 12:00am
Four RPPs to be operational by year-end: Pepco

Four RPPs to be operational by year-end: Pepco

Four Rental Power Plants (RPPs) with about 600 MW power generation capacity would be operational by the year-end. Director General Pakistan Electric Power Company (Pepco), Mohammad Khalid, told Busiiness Recorder here on Friday. It would be followed by ad
Published 28 Nov, 2009 12:00am
Gold down Rs 850 per tola

Gold down Rs 850 per tola

Gold prices on Friday slumped by Rs 850 per tola to Rs 37200 after they fell in the global gold market by $20 an ounce, traders said. Ten gram gold price plunged by Rs 687 to Rs 31885 in single-day trading. On the global market, gold price reduced to $116
Published 28 Nov, 2009 12:00am
Gold down Rs 850 per tola

Gold down Rs 850 per tola

Gold prices on Friday slumped by Rs 850 per tola to Rs 37200 after they fell in the global gold market by $20 an ounce, traders said. Ten gram gold price plunged by Rs 687 to Rs 31885 in single-day trading. On the global market, gold price reduced to $116
Published 28 Nov, 2009 12:00am
Gold down Rs 850 per tola

Gold down Rs 850 per tola

Gold prices on Friday slumped by Rs 850 per tola to Rs 37200 after they fell in the global gold market by $20 an ounce, traders said. Ten gram gold price plunged by Rs 687 to Rs 31885 in single-day trading. On the global market, gold price reduced to $116
Published 28 Nov, 2009 12:00am
German minister quits over Afghan strike

German minister quits over Afghan strike

Germany's former defence minister Franz Josef Jung quit the cabinet on Friday over a deadly bombing in Afghanistan, the day after claims of a cover-up took the scalp of the country's top general. Jung resigned as labour minister shortly after refusing to
Published 28 Nov, 2009 12:00am
German minister quits over Afghan strike

German minister quits over Afghan strike

Germany's former defence minister Franz Josef Jung quit the cabinet on Friday over a deadly bombing in Afghanistan, the day after claims of a cover-up took the scalp of the country's top general. Jung resigned as labour minister shortly after refusing to
Published 28 Nov, 2009 12:00am
Make public a list of lands, loans beneficiaries like NRO: Nawaz

Make public a list of lands, loans beneficiaries like NRO: Nawaz

Pakistan Muslim League (Nawaz) Quaid Muhammad Nawaz Sharif on Friday stressed the need for taking necessary steps to improve country's economy, besides making public the lists of lands and loans beneficiaries like the NRO beneficiaries. Talking to mediame
Published 28 Nov, 2009 12:00am
Make public a list of lands, loans beneficiaries like NRO: Nawaz

Make public a list of lands, loans beneficiaries like NRO: Nawaz

Pakistan Muslim League (Nawaz) Quaid Muhammad Nawaz Sharif on Friday stressed the need for taking necessary steps to improve country's economy, besides making public the lists of lands and loans beneficiaries like the NRO beneficiaries. Talking to mediame
Published 28 Nov, 2009 12:00am
Iran seizes Ebadi assets, Nobel medal

Iran seizes Ebadi assets, Nobel medal

Iran has frozen bank accounts belonging to rights activist Shirin Ebadi and confiscated her Nobel Peace Prize medal in a bid to pressure the critic of the Islamic regime, colleagues said on Friday. Ebadi, who won the prize in 2003 for her outspoken democr
Published 28 Nov, 2009 12:00am
Iran seizes Ebadi assets, Nobel medal

Iran seizes Ebadi assets, Nobel medal

Iran has frozen bank accounts belonging to rights activist Shirin Ebadi and confiscated her Nobel Peace Prize medal in a bid to pressure the critic of the Islamic regime, colleagues said on Friday. Ebadi, who won the prize in 2003 for her outspoken democr
Published 28 Nov, 2009 12:00am
World Bank approves $500 million for Serb budgets

World Bank approves $500 million for Serb budgets

The World Bank agreed with Serbia on Friday a $500 million loan to back its 2009 and 2010 budgets, and the money will be disbursed right after parliament ratifies the loans. The funds comprise $200 million in budget support for 2009 and $300 million for S
Published 28 Nov, 2009 12:00am
MCC, PCA row over detection of missing Containers

MCC, PCA row over detection of missing Containers

The Directorate General of Post-Clearance Audit (PCA), Karachi, has rejected the report of the Model Customs Collectorate (MCC) (Preventive) that the mega scam of duty-free shops in Karachi had been unearthed by the collectorate. The Directorate General o
Published 28 Nov, 2009 12:00am
MCC, PCA row over detection of missing Containers

MCC, PCA row over detection of missing Containers

The Directorate General of Post-Clearance Audit (PCA), Karachi, has rejected the report of the Model Customs Collectorate (MCC) (Preventive) that the mega scam of duty-free shops in Karachi had been unearthed by the collectorate. The Directorate General o
Published 28 Nov, 2009 12:00am
MCC, PCA row over detection of missing Containers

MCC, PCA row over detection of missing Containers

The Directorate General of Post-Clearance Audit (PCA), Karachi, has rejected the report of the Model Customs Collectorate (MCC) (Preventive) that the mega scam of duty-free shops in Karachi had been unearthed by the collectorate. The Directorate General o
Published 28 Nov, 2009 12:00am
Competition Ordinance re-promulgated

Competition Ordinance re-promulgated

President Asif Ali Zardari on Friday re-promulgated the Competition Ordinance, giving protection to all decisions made by Competition Commission of Pakistan (CCP). Through Competition Ordinance 2009, all CCP decisions and orders, from February 2007 to Nov
Published 28 Nov, 2009 12:00am
Competition Ordinance re-promulgated

Competition Ordinance re-promulgated

President Asif Ali Zardari on Friday re-promulgated the Competition Ordinance, giving protection to all decisions made by Competition Commission of Pakistan (CCP). Through Competition Ordinance 2009, all CCP decisions and orders, from February 2007 to Nov
Published 28 Nov, 2009 12:00am
Competition Ordinance re-promulgated

Competition Ordinance re-promulgated

President Asif Ali Zardari on Friday re-promulgated the Competition Ordinance, giving protection to all decisions made by Competition Commission of Pakistan (CCP). Through Competition Ordinance 2009, all CCP decisions and orders, from February 2007 to Nov
Published 28 Nov, 2009 12:00am
Competition Ordinance re-promulgated

Competition Ordinance re-promulgated

President Asif Ali Zardari on Friday re-promulgated the Competition Ordinance, giving protection to all decisions made by Competition Commission of Pakistan (CCP). Through Competition Ordinance 2009, all CCP decisions and orders, from February 2007 to Nov
Published 28 Nov, 2009 12:00am
Refund payment, tax collection: new electronic VAT law on the anvil

Refund payment, tax collection: new electronic VAT law on the anvil

The State Bank of Pakistan (SBP), Accountant General of Pakistan (AGPR), along with the Project to Improve Financial Reporting and Auditing (Pifra), are all out for the initiation of new electronic value-added tax (VAT) refund payment system-2010 and E- p
Published 28 Nov, 2009 12:00am
Refund payment, tax collection: new electronic VAT law on the anvil

Refund payment, tax collection: new electronic VAT law on the anvil

The State Bank of Pakistan (SBP), Accountant General of Pakistan (AGPR), along with the Project to Improve Financial Reporting and Auditing (Pifra), are all out for the initiation of new electronic value-added tax (VAT) refund payment system-2010 and E- p
Published 28 Nov, 2009 12:00am
Refund payment, tax collection: new electronic VAT law on the anvil

Refund payment, tax collection: new electronic VAT law on the anvil

The State Bank of Pakistan (SBP), Accountant General of Pakistan (AGPR), along with the Project to Improve Financial Reporting and Auditing (Pifra), are all out for the initiation of new electronic value-added tax (VAT) refund payment system-2010 and E- p
Published 28 Nov, 2009 12:00am
India says troubled by China-Pakistan military ties

India says troubled by China-Pakistan military ties

Growing military ties between China and Pakistan are a serious concern to India, Defence Minister A.K. Antony said on Friday, in the latest display of a prickly rivalry between New Delhi and its neighbours. India worries about China's rising influence in
Published 28 Nov, 2009 12:00am
India says troubled by China-Pakistan military ties

India says troubled by China-Pakistan military ties

Growing military ties between China and Pakistan are a serious concern to India, Defence Minister A.K. Antony said on Friday, in the latest display of a prickly rivalry between New Delhi and its neighbours. India worries about China's rising influence in
Published 28 Nov, 2009 12:00am
KCR annual revenue estimated at Rs 9.123 billion

KCR annual revenue estimated at Rs 9.123 billion

The annual revenue earning of Karachi Circular Railway Project has been estimated as Rs 9.123 billion, with Rs 4.327 billion rail and Rs 4.8 billion non-rail revenue. Sources said that deducting Rs 2.881 billion operation and maintenance (O&M) cost, annua
Published 28 Nov, 2009 12:00am
KCR annual revenue estimated at Rs 9.123 billion

KCR annual revenue estimated at Rs 9.123 billion

The annual revenue earning of Karachi Circular Railway Project has been estimated as Rs 9.123 billion, with Rs 4.327 billion rail and Rs 4.8 billion non-rail revenue. Sources said that deducting Rs 2.881 billion operation and maintenance (O&M) cost, annua
Published 28 Nov, 2009 12:00am
KCR annual revenue estimated at Rs 9.123 billion

KCR annual revenue estimated at Rs 9.123 billion

The annual revenue earning of Karachi Circular Railway Project has been estimated as Rs 9.123 billion, with Rs 4.327 billion rail and Rs 4.8 billion non-rail revenue. Sources said that deducting Rs 2.881 billion operation and maintenance (O&M) cost, annua
Published 28 Nov, 2009 12:00am
17th Amendment to go in December, says Zardari

17th Amendment to go in December, says Zardari

President Asif Ali Zardari said on Friday the 17th Constitutional amendment would be done away with during December. "We wanted to abolish the 17th amendment from the day one, but we wanted to do it through unanimous decision, as the 1973 Constitution was
Published 28 Nov, 2009 12:00am
17th Amendment to go in December, says Zardari

17th Amendment to go in December, says Zardari

President Asif Ali Zardari said on Friday the 17th Constitutional amendment would be done away with during December. "We wanted to abolish the 17th amendment from the day one, but we wanted to do it through unanimous decision, as the 1973 Constitution was
Published 28 Nov, 2009 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed today and tomorrow, Saturday and Sunday (November 28 & 29) on account of Eid-ul-Azha. There will, therefore, be no issue of the newspaper and Internet Edition on Sunday and Monday (November 29 & 3
Published 28 Nov, 2009 12:00am
Eid-ul-Azha today

Eid-ul-Azha today

Eid-ul-Azha, commemorating the supreme sacrifice of Prophet Ibrahim Khalil Ullah (AS), is being celebrated by the faithful across the country on Saturday with traditional religious fervour and pledge to follow the spirit of sacrifice besides forging unity
Published 28 Nov, 2009 12:00am
The Weather

The Weather

The weather report on Friday (November 27, 2009) and the forecast for Saturday (November 28, 2009).

Published 28 Nov, 2009 12:00am
Eid-ul-Azha today

Eid-ul-Azha today

Eid-ul-Azha, commemorating the supreme sacrifice of Prophet Ibrahim Khalil Ullah (AS), is being celebrated by the faithful across the country on Saturday with traditional religious fervour and pledge to follow the spirit of sacrifice besides forging unity
Published 28 Nov, 2009 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 28 Nov, 2009 12:00am
Three killed in Bangladesh ferry accident

Three killed in Bangladesh ferry accident

At least three people were killed and dozens missing as a Bangladeshi ferry packed with more than 1,000 passengers travelling home to celebrate the Muslim festival of Eid-ul Adha tilted and partly sank late Friday, police said. The accident occurred as th
Published 28 Nov, 2009 12:00am
Three killed in Bangladesh ferry accident

Three killed in Bangladesh ferry accident

At least three people were killed and dozens missing as a Bangladeshi ferry packed with more than 1,000 passengers travelling home to celebrate the Muslim festival of Eid-ul Adha tilted and partly sank late Friday, police said. The accident occurred as th
Published 28 Nov, 2009 12:00am
Ban on pillion riding relaxed for Eid

Ban on pillion riding relaxed for Eid

Sindh government has relaxed the restriction imposed under Section 144 Cr P.C on pillion riding on motorcycles/scooters on Eid days. According to a notification of Home Department here Friday, the ban has been relaxed from mid night on November 27 to 30,
Published 28 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 28 Nov, 2009 12:00am
Ban on pillion riding relaxed for Eid

Ban on pillion riding relaxed for Eid

Sindh government has relaxed the restriction imposed under Section 144 Cr P.C on pillion riding on motorcycles/scooters on Eid days. According to a notification of Home Department here Friday, the ban has been relaxed from mid night on November 27 to 30,
Published 28 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 28 Nov, 2009 12:00am
Traders face losses, harassment in Indian trade fair

Traders face losses, harassment in Indian trade fair

Pakistani traders faced losses and harassment at the hands of Indian Customs authorities and intelligence agencies at the two-week India International Trade fair which concluded here in Pragati Maidan on Friday. Mazhar Mufti, representative of Federation
Published 28 Nov, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (November 27, 2009).

Published 28 Nov, 2009 12:00am
Traders face losses, harassment in Indian trade fair

Traders face losses, harassment in Indian trade fair

Pakistani traders faced losses and harassment at the hands of Indian Customs authorities and intelligence agencies at the two-week India International Trade fair which concluded here in Pragati Maidan on Friday. Mazhar Mufti, representative of Federation
Published 28 Nov, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Friday (November 27, 2009).

Published 28 Nov, 2009 12:00am
Traders face losses, harassment in Indian trade fair

Traders face losses, harassment in Indian trade fair

Pakistani traders faced losses and harassment at the hands of Indian Customs authorities and intelligence agencies at the two-week India International Trade fair which concluded here in Pragati Maidan on Friday. Mazhar Mufti, representative of Federation
Published 28 Nov, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Friday (November 27, 2009).

Published 28 Nov, 2009 12:00am
Swine flu death toll jumps by over 1,000 in a week: WHO

Swine flu death toll jumps by over 1,000 in a week: WHO

The number of swine flu deaths showed a sharp jump compared to a week ago, but the World Health Organisation said Friday that the epidemic may have peaked in parts of the northern hemisphere. The number of deaths reported to the WHO was up 1,000 from a we
Published 28 Nov, 2009 12:00am
Swine flu death toll jumps by over 1,000 in a week: WHO

Swine flu death toll jumps by over 1,000 in a week: WHO

The number of swine flu deaths showed a sharp jump compared to a week ago, but the World Health Organisation said Friday that the epidemic may have peaked in parts of the northern hemisphere. The number of deaths reported to the WHO was up 1,000 from a we
Published 28 Nov, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (November 27, 2009).

Published 28 Nov, 2009 12:00am
IAEA votes to censure Iran over nuclear cover-up

IAEA votes to censure Iran over nuclear cover-up

The UN nuclear watchdog voted on Friday to rebuke Iran for building a uranium enrichment plant in secret but Tehran rejected the move as "intimidation" which would poison its negotiations with world powers. The resolution was the first by the 35-nation bo
Published 28 Nov, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (November 27, 2009).

Published 28 Nov, 2009 12:00am
IAEA votes to censure Iran over nuclear cover-up

IAEA votes to censure Iran over nuclear cover-up

The UN nuclear watchdog voted on Friday to rebuke Iran for building a uranium enrichment plant in secret but Tehran rejected the move as "intimidation" which would poison its negotiations with world powers. The resolution was the first by the 35-nation bo
Published 28 Nov, 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 Friday (November 27, 2009).

Published 28 Nov, 2009 12:00am
President transfers powers of NCA chief to Prime Minister

President transfers powers of NCA chief to Prime Minister

President Asif Ali Zardari on Friday night divested himself of the powers of Chairman National Command Authority (NCA) and transferred the powers of Chairman to the elected Prime Minister. The shedding of powers of Chairman NCA was effected through re-pro
Published 28 Nov, 2009 12:00am
President transfers powers of NCA chief to Prime Minister

President transfers powers of NCA chief to Prime Minister

President Asif Ali Zardari on Friday night divested himself of the powers of Chairman National Command Authority (NCA) and transferred the powers of Chairman to the elected Prime Minister. The shedding of powers of Chairman NCA was effected through re-pro
Published 28 Nov, 2009 12:00am
Banks, EU leaders play down Dubai debt threat

Banks, EU leaders play down Dubai debt threat

Banks outside the Gulf played down their exposure to Dubai debt on Friday after fears of default shook global markets, and European leaders said the world economy was now strong enough to cope with the setback. Stocks from Tokyo to New York were haunted b
Published 28 Nov, 2009 12:00am
Banks, EU leaders play down Dubai debt threat

Banks, EU leaders play down Dubai debt threat

Banks outside the Gulf played down their exposure to Dubai debt on Friday after fears of default shook global markets, and European leaders said the world economy was now strong enough to cope with the setback. Stocks from Tokyo to New York were haunted b
Published 28 Nov, 2009 12:00am
BRIDGE NOTES: Not enough

BRIDGE NOTES: Not enough

More often than not in bridge a player is caught in a dilemma of making the best judgement of the distribution in his partner's hand so that he can take the best advantage of acquiring the necessary tricks required to beat the contract bid by the opponent
Published 28 Nov, 2009 12:00am
Banks, EU leaders play down Dubai debt threat

Banks, EU leaders play down Dubai debt threat

Banks outside the Gulf played down their exposure to Dubai debt on Friday after fears of default shook global markets, and European leaders said the world economy was now strong enough to cope with the setback. Stocks from Tokyo to New York were haunted b
Published 28 Nov, 2009 12:00am
Banks, EU leaders play down Dubai debt threat

Banks, EU leaders play down Dubai debt threat

Banks outside the Gulf played down their exposure to Dubai debt on Friday after fears of default shook global markets, and European leaders said the world economy was now strong enough to cope with the setback. Stocks from Tokyo to New York were haunted b
Published 28 Nov, 2009 12:00am
CAPITAL CULTURAL SCENE: Exposition of our cultural traditions

CAPITAL CULTURAL SCENE: Exposition of our cultural traditions

It is indeed a promising sign that the wave of women empowerment is getting its roots in almost all the spheres of life. The Rawalpindi Arts Council organised a beautiful exhibition of arts and crafts on November 19 at its premises. The work displayed the
Published 28 Nov, 2009 12:00am
Sugar production cost jumps to Rs 55 per kg

Sugar production cost jumps to Rs 55 per kg

Due to 100 percent increase in sugarcane support price by the growers and international increase in furnace oil price and 17 percent general sales tax (GST), the cost of sugar production has increased up to Rs 55 per kilogram. The cost would further incre
Published 28 Nov, 2009 12:00am
Dealing with 'Qurbani' matters

Dealing with 'Qurbani' matters

Eid-ul-Azha is one of the biggest Islamic festivals, which is observed throughout the Muslim states. In Pakistan too, this festival is marked with great fervour and religious zeal every year. People of different walks of life get very enthusiastic about s
Published 28 Nov, 2009 12:00am
Sugar production cost jumps to Rs 55 per kg

Sugar production cost jumps to Rs 55 per kg

Due to 100 percent increase in sugarcane support price by the growers and international increase in furnace oil price and 17 percent general sales tax (GST), the cost of sugar production has increased up to Rs 55 per kilogram. The cost would further incre
Published 28 Nov, 2009 12:00am
Eid-ul-Azha and children's festive mood

Eid-ul-Azha and children's festive mood

Here comes the holy festival of sacrifice "Eid-ul-Azha", one of the biggest feasts in the Muslim calendar. The sacrifice of animal is an obligation for every well to do Muslim. All around the world Muslims celebrate this holy festival with enthusiasm. For
Published 28 Nov, 2009 12:00am
Sugar production cost jumps to Rs 55 per kg

Sugar production cost jumps to Rs 55 per kg

Due to 100 percent increase in sugarcane support price by the growers and international increase in furnace oil price and 17 percent general sales tax (GST), the cost of sugar production has increased up to Rs 55 per kilogram. The cost would further incre
Published 28 Nov, 2009 12:00am
'Yaqeen Raizah Raizah'

'Yaqeen Raizah Raizah'

'Yaqeen Raizah Raizah' is the title of the collection of poetry in Urdu and Punjabi by a "No-poet" Dr Inayatullah, an acknowledged social scientist. I categorised him as "No-poet" because as he himself informs us that after making an attempt to become a p
Published 28 Nov, 2009 12:00am
Brown vows to block Sri Lankan bid to host moot

Brown vows to block Sri Lankan bid to host moot

Britain's Prime Minister Gordon Brown Friday vowed to block Sri Lanka's bid to host the next Commonwealth meetings, citing its alleged human rights abuses in suppressing the Tamil rebellion. Brown signalled his opposition to what had been believed to be a
Published 28 Nov, 2009 12:00am
'Faith, Soul and Search'

'Faith, Soul and Search'

Words falter again, hovering inadequately to express R.M. Naeem's exhibition, Faith, 'Soul and Search' at the Koel gallery. An intangible theme, like fleeting perfume, hard to pin down. Yet laden with profound meaning, layers of wisdom couched in religiou
Published 28 Nov, 2009 12:00am
Brown vows to block Sri Lankan bid to host moot

Brown vows to block Sri Lankan bid to host moot

Britain's Prime Minister Gordon Brown Friday vowed to block Sri Lanka's bid to host the next Commonwealth meetings, citing its alleged human rights abuses in suppressing the Tamil rebellion. Brown signalled his opposition to what had been believed to be a
Published 28 Nov, 2009 12:00am
ART FACT: Sensuous experiences of life

ART FACT: Sensuous experiences of life

Inam Raja brings light to some of the exciting experiences concerning women with stunning colours used with elegancy in his recent show at Galleria 919, an amalgam of emotions and expressions disclosing a bond between the artist and the paintings. His med
Published 28 Nov, 2009 12:00am
Commonwealth leaders launch push for climate deal

Commonwealth leaders launch push for climate deal

Commonwealth countries representing more than a quarter of the world's population launched a diplomatic push on Friday to drum up momentum for a comprehensive UN climate deal in 10 days' time. Seeking to dispel divisions before UN climate talks in Copenha
Published 28 Nov, 2009 12:00am
KARACHI CHRONICLE: Stagnating culture of Sindh

KARACHI CHRONICLE: Stagnating culture of Sindh

Ceramics, textiles, embroidery, cuisine and, above all, music create the rich culture of Sindh. A sampling of all its excellence was to be had at the three-day Sindh Cultural Festival which ended last Sunday at the Expo Centre. I am not a pessimist by nat
Published 28 Nov, 2009 12:00am
Commonwealth leaders launch push for climate deal

Commonwealth leaders launch push for climate deal

Commonwealth countries representing more than a quarter of the world's population launched a diplomatic push on Friday to drum up momentum for a comprehensive UN climate deal in 10 days' time. Seeking to dispel divisions before UN climate talks in Copenha
Published 28 Nov, 2009 12:00am
A journey of a lifetime

A journey of a lifetime

The gathering at Arafat is like nothing else in the world. The congregation draws Muslims from all corners of the planet once a year, the culmination of a life-time of devotion and yearning which has no parallel, and difficult to describe in words.
Published 28 Nov, 2009 12:00am
Rains to turn heavy in Brazilian coffee areas

Rains to turn heavy in Brazilian coffee areas

Rain in Brazil's south-eastern coffee belt will turn much heavier in the next five days, bringing added moisture to the soil as next year's crop continues the early stages of its development. Minas Gerais, where about half the coffee in the world's top gr
Published 28 Nov, 2009 12:00am
CIF Gulf bids for corn and soyabeans steady

CIF Gulf bids for corn and soyabeans steady

Basis bids for corn and soyabeans shipped by barge to the US Gulf were mostly steady on Friday with lower CBOT futures slowing farmer selling. Ample supplies were keeping the pressure on soyabean basis values. Prices were underpinned by strong export dema
Published 28 Nov, 2009 12:00am
South African maize output falls due to fewer plantings

South African maize output falls due to fewer plantings

Maize output in South Africa, the continent's biggest producer of the grain, fell to 12.05 million tonnes in 2008/09 due to fewer plantings, the country's Crop Estimates Committee (CEC) said on Thursday. The CEC said this year's crop comprised 6.775 milli
Published 28 Nov, 2009 12:00am
Russian gold output up 12.2 percent

Russian gold output up 12.2 percent

Russian gold production rose 12.2 percent year-on-year in the first 10 months of 2009, mainly due to the launch of large projects in its far east, the Russian Gold Industrialists' Union said on Friday. The union, which is the main industry lobby, said in
Published 28 Nov, 2009 12:00am
Poor rains to lower Mozambique 2009 sugar output

Poor rains to lower Mozambique 2009 sugar output

Mozambique may not achieve its targeted sugar output of 419,208 tonnes for 2009 despite recording a significant increase in production for the third quarter to end-September, a government agency said on Friday. The state-run Agricultural Promotion Centre
Published 28 Nov, 2009 12:00am
Poland sugar beet producers see higher yields

Poland sugar beet producers see higher yields

Poland's sugar beet producers expect a bigger average yield but smaller sugar content in the 2009/2010 campaign crop, the Polish Union of Sugar Beet growers said on Friday. The group still sees the sugar beet crop at 9 million tonnes but the sugar content
Published 28 Nov, 2009 12:00am
China approves first strain of GMO rice output

China approves first strain of GMO rice output

China has approved its first strain of genetically modified rice for commercial production, two scientists involved in the approval process told Reuters on Friday, potentially easing the way for other major producers to adopt the controversial technology.
Published 28 Nov, 2009 12:00am
Southeast Australia wheat harvest slowed by rain

Southeast Australia wheat harvest slowed by rain

Harvesting of wheat in south-eastern Australia has come to a standstill as rain keeps combine harvesters from getting into fields, raising concerns of quality downgrades. Australia's weather bureau is forecasting rain to continue this weekend, but fine we
Published 28 Nov, 2009 12:00am
Tokyo rubber futures slump

Tokyo rubber futures slump

Tokyo rubber futures tumbled nearly 5 percent to a one-week low on Friday, as the surging Japanese yen and falling oil prices spurred stop-loss selling, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange for May delivery fell 11.9
Published 28 Nov, 2009 12:00am
US wheat slides

US wheat slides

US wheat futures dropped more than 3 percent on Friday, while corn and soybeans slid more than 2 percent each as debt problems in Dubai rattled financial markets around the world. Wheat futures, which have lost nearly 5 percent this week, came under addit
Published 28 Nov, 2009 12:00am
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