News Archives for Print - 2009-12-11

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Thursday (December 10, 2009)

Published 11 Dec, 2009 12:00am

No progress on composite dialogue with India: foreign office

Pakistan said on Thursday there has been no progress on the composite dialogue with India and reiterated the statement of Foreign Minister that Pakistan was interested in meaningful and result-oriented dialogue with India. Foreign Office Spokesman Abdul B

Published 11 Dec, 2009 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Remittances rise over 29 percent in first five months

Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of 3.832 billion dollars was received in the first five months (July-November) of the current fiscal year 2009-10, showing an increase of 866.13 million dollars or

Published 11 Dec, 2009 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Remittances rise over 29 percent in first five months

Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of 3.832 billion dollars was received in the first five months (July-November) of the current fiscal year 2009-10, showing an increase of 866.13 million dollars or

Published 11 Dec, 2009 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Remittances rise over 29 percent in first five months

Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of 3.832 billion dollars was received in the first five months (July-November) of the current fiscal year 2009-10, showing an increase of 866.13 million dollars or

Published 11 Dec, 2009 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Moody''s maintains country''s B3 rating

Moody''s Investors Services on Thursday maintained Pakistan''s B3 rating which reflects a gradual stabilisation of its economic and financial strength at low levels. Aninda Mitra, Moody''s sovereign analyst for Pakistan in his analysis said the country''s

Published 11 Dec, 2009 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Moody's maintains country's B3 rating

Moody's Investors Services on Thursday maintained Pakistan's B3 rating which reflects a gradual stabilisation of its economic and financial strength at low levels. Aninda Mitra, Moody's sovereign analyst for Pakistan in his analysis said the country's gro

Published 11 Dec, 2009 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Moody's maintains country's B3 rating

Moody's Investors Services on Thursday maintained Pakistan's B3 rating which reflects a gradual stabilisation of its economic and financial strength at low levels. Aninda Mitra, Moody's sovereign analyst for Pakistan in his analysis said the country's gro

Published 11 Dec, 2009 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

World will heat to record highs in 2010

Global temperatures are likely to rise next year to the highest levels in over 150 years, due to a combination of human activity and the El Nino phenomenon, the British Met Office said on Thursday. "The latest forecast from our climate scientists, shows t

Published 11 Dec, 2009 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 11 Dec, 2009 12:00am

World will heat to record highs in 2010

Global temperatures are likely to rise next year to the highest levels in over 150 years, due to a combination of human activity and the El Nino phenomenon, the British Met Office said on Thursday. "The latest forecast from our climate scientists, shows t

Published 11 Dec, 2009 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

OIC urges Switzerland to annul anti-minaret vote

The Organisation of Islamic Conference urged Swiss authorities Thursday to annul a vote banning the construction of minarets, saying it could fuel similar moves across Europe. Envoys from the pan-Islamic body's 56 member states brought the request on Thur

Published 11 Dec, 2009 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

OIC urges Switzerland to annul anti-minaret vote

The Organisation of Islamic Conference urged Swiss authorities Thursday to annul a vote banning the construction of minarets, saying it could fuel similar moves across Europe. Envoys from the pan-Islamic body's 56 member states brought the request on Thur

Published 11 Dec, 2009 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

China to slap anti-dumping duties on US, Russian steel

China will impose anti-dumping duties on a speciality steel product imported from Russia and the United States in a landmark decision, the Ministry of Commerce said on Thursday. China''s decision to slap punitive tariffs on oriented electrical steel is th

Published 11 Dec, 2009 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

China to slap anti-dumping duties on US, Russian steel

China will impose anti-dumping duties on a speciality steel product imported from Russia and the United States in a landmark decision, the Ministry of Commerce said on Thursday. China's decision to slap punitive tariffs on oriented electrical steel is the

Published 11 Dec, 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 Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

China to slap anti-dumping duties on US, Russian steel

China will impose anti-dumping duties on a speciality steel product imported from Russia and the United States in a landmark decision, the Ministry of Commerce said on Thursday. China's decision to slap punitive tariffs on oriented electrical steel is the

Published 11 Dec, 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 Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

CoAS witnesses field firing, battle inoculation exercises

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani on Thursday witnesses Field Firing and Battle Inoculation exercises being held at Tilla Ranges (Jhelum). During the visit, he witnessed troops engaged in various firing exercises as part of Army's '

Published 11 Dec, 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 Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

CoAS witnesses field firing, battle inoculation exercises

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani on Thursday witnesses Field Firing and Battle Inoculation exercises being held at Tilla Ranges (Jhelum). During the visit, he witnessed troops engaged in various firing exercises as part of Army's '

Published 11 Dec, 2009 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Gates, Clinton to testify on cost of Afghan surge

US Secretary of State Hillary Clinton and Defence Secretary Robert Gates will face questioning next week from lawmakers who control government spending about the cost of the Obama administration's surge of troops into Afghanistan, congressional aides said

Published 11 Dec, 2009 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Gates, Clinton to testify on cost of Afghan surge

US Secretary of State Hillary Clinton and Defence Secretary Robert Gates will face questioning next week from lawmakers who control government spending about the cost of the Obama administration's surge of troops into Afghanistan, congressional aides said

Published 11 Dec, 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 Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Former KPC president Najeeb dies

Senior journalist and former president of Karachi Press Club (KPC) Najeeb Ahmed died of cardiac arrest here on Thursday morning. Ahmed, who was born in Karachi on March 2, 1961, left behind a wife, three daughters, a son and a large number of friends. Aft

Published 11 Dec, 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 Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

Former KPC president Najeeb dies

Senior journalist and former president of Karachi Press Club (KPC) Najeeb Ahmed died of cardiac arrest here on Thursday morning. Ahmed, who was born in Karachi on March 2, 1961, left behind a wife, three daughters, a son and a large number of friends. Aft

Published 11 Dec, 2009 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

India to supply low-cost nuclear parts for export

GE Hitachi Nuclear Energy Ltd and Westinghouse Electric Co plan to use India as a low-cost supplier of nuclear parts for export to the US and Europe, executives said Thursday. "We see India as a very good supply chain for us to supply our world market,' s

Published 11 Dec, 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 11 Dec, 2009 12:00am

Diplomat, nuclear scientist among 11 held in US: Iran

Iranian media published a list on Thursday of 11 Iranians, including a truck driver, a former diplomat and a nuclear scientist, who it claims are being held in the United States or other countries. Mehr news agency said the foreign ministry is "vigorously

Published 11 Dec, 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 11 Dec, 2009 12:00am

Diplomat, nuclear scientist among 11 held in US: Iran

Iranian media published a list on Thursday of 11 Iranians, including a truck driver, a former diplomat and a nuclear scientist, who it claims are being held in the United States or other countries. Mehr news agency said the foreign ministry is "vigorously

Published 11 Dec, 2009 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (December 10, 2009).

Published 11 Dec, 2009 12:00am

NWFP cigarette makers: Tarin tells FBR cell to extend probe into tax evasion

Finance Minister Shaukat Tarin has directed the Anti-Evasion Cell of the Federal Board of Revenue to extend its scope of investigation for checking tax evasion by the cigarette manufactures in the NWFP. Sources told Business Recorder here on Thursd

Published 11 Dec, 2009 12:00am

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 11 Dec, 2009 12:00am

NWFP cigarette makers: Tarin tells FBR cell to extend probe into tax evasion

Finance Minister Shaukat Tarin has directed the Anti-Evasion Cell of the Federal Board of Revenue to extend its scope of investigation for checking tax evasion by the cigarette manufactures in the NWFP. Sources told Business Recorder here on Thursd

Published 11 Dec, 2009 12:00am

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 11 Dec, 2009 12:00am

NWFP cigarette makers: Tarin tells FBR cell to extend probe into tax evasion

Finance Minister Shaukat Tarin has directed the Anti-Evasion Cell of the Federal Board of Revenue to extend its scope of investigation for checking tax evasion by the cigarette manufactures in the NWFP. Sources told Business Recorder here on Thursd

Published 11 Dec, 2009 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 11 Dec, 2009 12:00am

NWFP cigarette makers: Tarin tells FBR cell to extend probe into tax evasion

Finance Minister Shaukat Tarin has directed the Anti-Evasion Cell of the Federal Board of Revenue to extend its scope of investigation for checking tax evasion by the cigarette manufactures in the NWFP. Sources told Business Recorder here on Thursd

Published 11 Dec, 2009 12:00am

Gateway to knowledge Central Library (DHA)

Central Library (DHA) (DCL), one of the prime institutions of Defence Housing Authority, Karachi and situated at main Sunset Boulevard, Phase-II DHA was established on 3rd November 1991.

Published 11 Dec, 2009 12:00am

Supreme Court urged to proceed against possibility of trampling Constitution: Azfar files statement on behalf of Federation

The Federation on Thursday requested the Supreme Court to proceed against the possibility of trampling the Constitution every now and then while deciding the petitions against National Reconciliation Ordinance (NRO).

Published 11 Dec, 2009 12:00am

Message from CEO, A J Communication

On this auspicious occasion, I congratulate all the members and the management of the Central Library on its 18th Anniversary, for providing a healthy environment for the users of this great library. The signature building is one of the Landmark of DHA, i

Published 11 Dec, 2009 12:00am

Supreme Court urged to proceed against possibility of trampling Constitution: Azfar files statement on behalf of Federation

The Federation on Thursday requested the Supreme Court to proceed against the possibility of trampling the Constitution every now and then while deciding the petitions against National Reconciliation Ordinance (NRO).

Published 11 Dec, 2009 12:00am

Message from President & CEO, National Bank of Pakistan

I would like to take this opportunity to convey my heartiest congratulation and best wishes to the management of Central Library, DHA on its 18 Anniversary celebrations. It is one of the Landmark of DHA which is promoting and serving the cause of educatio

Published 11 Dec, 2009 12:00am

Prime Minister makes changes in top bureaucracy

Prime Minister Syed Yusuf Raza Gilani on Thursday made changes in the top bureaucracy and appointed six federal secretaries and one executive director. According to details, Tariq Iqbal Puri has been appointed Secretary Labour with Javeed Akhtar as Secret

Published 11 Dec, 2009 12:00am

Message from Administrator, DHA

It gives me great pleasure to extend my heartiest congratulation to all the residents, users, readers, and members of the Central Library, DHA on its 18th Anniversary. This is no less than a milestone that the Central Library within a short span of time h

Published 11 Dec, 2009 12:00am

Prime Minister makes changes in top bureaucracy

Prime Minister Syed Yusuf Raza Gilani on Thursday made changes in the top bureaucracy and appointed six federal secretaries and one executive director. According to details, Tariq Iqbal Puri has been appointed Secretary Labour with Javeed Akhtar as Secret

Published 11 Dec, 2009 12:00am

Egypt buys 28,000 tonnes of edible oil

Egypt's state-owned Food Industries Holding Company (FIHC) bought 28,000 tonnes of edible oil in a tender on a cost and freight basis, a Cairo-based trader said on Thursday. Of the total, FIHC purchased 15,000 tonnes of soyoil at $909 a tonne from Toepfer

Published 11 Dec, 2009 12:00am

Gilani changes portfolios of three ministers

Prime Minister Syed Yousuf Raza Gilani on Thursday changed the portfolios of three federal ministers. Ejaz Hussain Jakhrani, who was earlier holding the portfolio of health, has been appointed as Minister for Sports. Pir Aftab Shah Jilani has been appoint

Published 11 Dec, 2009 12:00am

Mixed price pattern on grain market

Mixed price pattern was seen on the wholesale grain market on Thursday in process of trading, dealers said. On the grams side, grams 50x50 fell by Rs 50 to Rs 3550-3750, grams dal 50x50 followed same trend, losing same amount at Rs 4050-4250,, yellow peas

Published 11 Dec, 2009 12:00am

Gilani changes portfolios of three ministers

Prime Minister Syed Yousuf Raza Gilani on Thursday changed the portfolios of three federal ministers. Ejaz Hussain Jakhrani, who was earlier holding the portfolio of health, has been appointed as Minister for Sports. Pir Aftab Shah Jilani has been appoint

Published 11 Dec, 2009 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 142,045 tonnes of cargo including 115,976 tonnes import and 26,069 tonnes export cargo including 4,776 empty and loaded containers during last 24 hours ending at 0700 hours on Thursday. The cargo comprised of 83,213 tonnes dry car

Published 11 Dec, 2009 12:00am

Victims of terrorism: Zardari directs BISP to devise aid package

President Asif Ali Zardari on Thursday directed Benazir Income Support Programme (BISP) to devise a comprehensive assistance package for the victims of terrorism. Addressing the third draw of Waseela-e-Haq Programme at Aiwan-e-Sadr here, President Zardari

Published 11 Dec, 2009 12:00am

Oil cake market rates

Mixed trend was again seen on the forward cottonseed oilcake market on Thursday in process of lean business, dealers said. The December vaida, which closed at 909.20 and opened with a fall of 40 paisa at Rs 908.80, and the January contract, which ended at

Published 11 Dec, 2009 12:00am

Aitzaz meets Zardari

President Asif Ali Zardari discussed with Chaudhry Aitzaz Ahsan some legal matters in relation to National Reconciliation Ordinance (NRO) at the Presidency on Thursday, according to sources. Aitzaz Ahsan who played a lead role in the movement for the rest

Published 11 Dec, 2009 12:00am

Steady trend on cotton market

Firmness prevailed on the cotton market on Thursday as some needy buyers made buying to meet the near-term requirements, dealers said. The official spot rates were unchanged at Rs 4,400, they said. In the ready business approximately 20,000 bales of cotto

Published 11 Dec, 2009 12:00am

Aitzaz meets Zardari

President Asif Ali Zardari discussed with Chaudhry Aitzaz Ahsan some legal matters in relation to National Reconciliation Ordinance (NRO) at the Presidency on Thursday, according to sources. Aitzaz Ahsan who played a lead role in the movement for the rest

Published 11 Dec, 2009 12:00am

Cotton prices remain in consolidation mode

Cotton prices may appear to be stalled in their present groove, but they continue to maintain and manifest a steady disposition. Lint values are presently perched at historically high levels with keen buyers for high quality fibers which continue to attra

Published 11 Dec, 2009 12:00am

CPI inflation soars by 10.26 percent in five months

The CPI inflation soared by 10.26 percent during the first five months of the current fiscal year as compared to the corresponding period of the last year mainly on the back of increase in the prices of food commodities. Provisional figures of monthly inf

Published 11 Dec, 2009 12:00am

Cotton prices remain in consolidation mode

Cotton prices may appear to be stalled in their present groove, but they continue to maintain and manifest a steady disposition. Lint values are presently perched at historically high levels with keen buyers for high quality fibers which continue to attra

Published 11 Dec, 2009 12:00am

CPI inflation soars by 10.26 percent in five months

The CPI inflation soared by 10.26 percent during the first five months of the current fiscal year as compared to the corresponding period of the last year mainly on the back of increase in the prices of food commodities. Provisional figures of monthly inf

Published 11 Dec, 2009 12:00am

US cotton higher

US cotton futures ended higher on Wednesday on some expectations of slightly lower production and better demand ahead of a closely watched US Department of Agriculture crop report. The benchmark March cotton contract settled 0.21 cent higher at 74.42 cent

Published 11 Dec, 2009 12:00am

CPI inflation soars by 10.26 percent in five months

The CPI inflation soared by 10.26 percent during the first five months of the current fiscal year as compared to the corresponding period of the last year mainly on the back of increase in the prices of food commodities. Provisional figures of monthly inf

Published 11 Dec, 2009 12:00am

US copper slips

US copper futures settled at their lowest levels in nearly three weeks on Wednesday, as rising inventories and fears about mounting debt issues around the world limited investor risk exposure and continued to buoy the safe-haven status of the dollar. Lowe

Published 11 Dec, 2009 12:00am

Media termed a new king-maker

Security analyst Dr Ayesha Siddiqa has said that military is a part of group of king-makers and in our system king-makers are important. She said that in our system king is symbolic and king-makers are holding the powers. She was addressing a seminar on "

Published 11 Dec, 2009 12:00am

Shanghai copper falls

Copper fell to its weakest in nearly two weeks on Wednesday, with London futures retreating for the sixth day in a row, as investors focused on increasing stockpiles and mounting debt around the world. LME copper, down 2.7 percent so far this week on cour

Published 11 Dec, 2009 12:00am

Media termed a new king-maker

Security analyst Dr Ayesha Siddiqa has said that military is a part of group of king-makers and in our system king-makers are important. She said that in our system king is symbolic and king-makers are holding the powers. She was addressing a seminar on "

Published 11 Dec, 2009 12:00am

Malaysian tin up

Malaysian tin was up a marginal 0.13 percent on Thursday tracking higher London Metal Exchange (LME) prices, said a dealer.

Published 11 Dec, 2009 12:00am

NFC Award may be announced today

The four provinces have made no headway on horizontal distribution of resources under the 7th National Finance Commission (NFC) Award here on Thursday, however formula for vertical sharing between the federation and provinces has been finalised.

Published 11 Dec, 2009 12:00am

US rice higher

US rough rice futures on the Chicago Board of Trade closed higher on Wednesday, buoyed by rising Asian cash prices and a weaker dollar, traders said. January settled up 23-1/2 cents at $15.53 per hundredweight; deferreds up 2 to 24 cents. CBOT volume esti

Published 11 Dec, 2009 12:00am

NFC Award may be announced today

The four provinces have made no headway on horizontal distribution of resources under the 7th National Finance Commission (NFC) Award here on Thursday, however formula for vertical sharing between the federation and provinces has been finalised.

Published 11 Dec, 2009 12:00am

Tokyo rubber futures hit one-week low

Tokyo rubber futures fell for a fourth straight day on Thursday and hit their lowest level in more than a week, pressured by weakness in commodities such as gold. The key Tokyo Commodity Exchange rubber contract for May delivery fell 4 percent or 9.8 yen

Published 11 Dec, 2009 12:00am

NFC Award may be announced today

The four provinces have made no headway on horizontal distribution of resources under the 7th National Finance Commission (NFC) Award here on Thursday, however formula for vertical sharing between the federation and provinces has been finalised.

Published 11 Dec, 2009 12:00am

Corn and wheat up

US corn and wheat futures rose on Thursday as the grain markets recovered from around one-month lows on a weakening dollar and steady crude prices. Soybeans fell marginally in thin trade ahead of the US Department of Agriculture report on world agricultur

Published 11 Dec, 2009 12:00am

Moody''s cuts credit ratings of three Dubai banks

Moody''s Investors Service cut the ratings of Dubai Islamic Bank, Mashreqbank and Emirates NBD, saying uncertainty over debt restructuring was exacerbating the emirate''s economic woes. "The rating downgrades reflect the weakening in Dubai''s economy and

Published 11 Dec, 2009 12:00am

Malaysian palm oil futures down

Malaysian crude palm oil futures edged lower on Thursday but recouped most of the day's fall after an industry regulator released better-than-expected stocks data, traders said. The benchmark February contract on the Bursa Malaysia Derivatives Exchange se

Published 11 Dec, 2009 12:00am

Moody's cuts credit ratings of three Dubai banks

Moody's Investors Service cut the ratings of Dubai Islamic Bank, Mashreqbank and Emirates NBD, saying uncertainty over debt restructuring was exacerbating the emirate's economic woes. "The rating downgrades reflect the weakening in Dubai's economy and the

Published 11 Dec, 2009 12:00am

Oil holds steady below $71

Oil held steady below $71 on Thursday, after sliding more than 2 percent to a two-month low a day earlier on a hefty increase in US fuel stockpiles, as the weak dollar offered some support. Traders are also watching the bearish impact of Saudi Arabia's mo

Published 11 Dec, 2009 12:00am

Moody's cuts credit ratings of three Dubai banks

Moody's Investors Service cut the ratings of Dubai Islamic Bank, Mashreqbank and Emirates NBD, saying uncertainty over debt restructuring was exacerbating the emirate's economic woes. "The rating downgrades reflect the weakening in Dubai's economy and the

Published 11 Dec, 2009 12:00am

US gold rises

US gold futures rose toward $1,150 an ounce on Wednesday, reversing early weakness as a sliding dollar more than offset outflows at the world's largest gold-backed exchange-traded fund. COMEX February gold up $2.30 at $1,145.70 an ounce at 10:58 am EST (1

Published 11 Dec, 2009 12:00am

Thousands protest after Obama accepts Peace Prize

People marched in Oslo late Thursday after US President Barack Obama accepted the Nobel Peace Prize with a speech justifying war, urging him to live up to the accolade. More than 6,000 people marched in a peaceful, torchlight procession aimed at denouncin

Published 11 Dec, 2009 12:00am

Gold hovers near $1,130 an ounce in Asia

Gold steadied near $1,130 an ounce on Thursday, recovering from an over three-week low, as a dip in the dollar prompted some buying, although the precious metal remained vulneraable to further profit-taking. A combination of central bank buying, inflation

Published 11 Dec, 2009 12:00am

Thousands protest after Obama accepts Peace Prize

People marched in Oslo late Thursday after US President Barack Obama accepted the Nobel Peace Prize with a speech justifying war, urging him to live up to the accolade. More than 6,000 people marched in a peaceful, torchlight procession aimed at denouncin

Published 11 Dec, 2009 12:00am

GE gets contract for world's largest wind farm

General Electric Co said on Thursday it won a $1.4 billion contract from energy producer Caithness Energy LLC to supply wind turbines for what will eventually be the world's biggest wind farm. The Shepherds Flat wind farm in Oregon, a $2 billion project,

Published 11 Dec, 2009 12:00am

Obama accepts peace prize, defends 'just wars'

The United States must uphold moral standards when waging wars that are necessary and justified, President Barack Obama said on Thursday as he accepted the Nobel Prize for Peace. In a speech at the award ceremony in Oslo, Obama said violent conflict would

Published 11 Dec, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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