News Archives for Print - 2010-01-30

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 Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

Arif selected chairman LSE board of directors

The Ist meeting of the Governing Board of Directors of Lahore Stock Exchange (LSE) (Guarantee) Ltd for the year 2010 was held here on Friday in which Directors selected Arif Saeed as the Chairman of the governing Board of Directors for the year 2010.

Published 30 Jan, 2010 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 Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

Arif selected chairman LSE board of directors

The Ist meeting of the Governing Board of Directors of Lahore Stock Exchange (LSE) (Guarantee) Ltd for the year 2010 was held here on Friday in which Directors selected Arif Saeed as the Chairman of the governing Board of Directors for the year 2010.

Published 30 Jan, 2010 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

Arif selected chairman LSE board of directors

The Ist meeting of the Governing Board of Directors of Lahore Stock Exchange (LSE) (Guarantee) Ltd for the year 2010 was held here on Friday in which Directors selected Arif Saeed as the Chairman of the governing Board of Directors for the year 2010.

Published 30 Jan, 2010 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

Pakistan to support Afghanistan's own strategy

The Spokesman of Foreign Office Abdul Basit has reiterated the support for Afghanistan and said that Pakistan will support Afghanistan's own strategy to regional peace and not with foreign agenda attached to it. Talking to a private TV news channel, he sa

Published 30 Jan, 2010 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 Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

FoDP is a process, not a pledging forum: foreign office

Foreign Office Spokesman Abdul Basit on Friday said that the Friends of Democratic Pakistan (FODP) was neither a pledging forum nor a donors club. Talking to APP on telephone from London, the spokesman said rather this unique process was a gesture of soli

Published 30 Jan, 2010 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

Holiday on February 5

The government has announced to observe February 5 (Friday) as holiday on the eve of Kashmir Solidarity Day. This was officially learnt here Friday.

Published 30 Jan, 2010 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

Holiday on February 5

The government has announced to observe February 5 (Friday) as holiday on the eve of Kashmir Solidarity Day. This was officially learnt here Friday.

Published 30 Jan, 2010 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 30 Jan, 2010 12:00am

One minute silence to be observed on February 5

The National Kashmir Committee has decided to observe one minute silence throughout the country on February, 5 at 10am to honour the Kashmiri martyrs, said a press release issued here on Friday. The administrations of all the four provinces and Federal Ca

Published 30 Jan, 2010 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 30 Jan, 2010 12:00am

Bangladesh court overturns gas lease injunction

A Bangladesh court has overturned an injunction that barred leasing out the country's onshore gas blocks to international oil companies (IOCs), a senior energy official said on Friday. "The decision paved the way for much needed exploration by the IOCs to

Published 30 Jan, 2010 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (January 29, 2010).

Published 30 Jan, 2010 12:00am

'PML-N wants restoration of 1973 constitution'

Pakistan Muslim League-Nawaz (PML-N) central leader and former deputy speaker National Assembly Chaudhry Jaffar Iqbal has said that the PML-N would raise voice at every forum for the restoration of 1973 constitution and supremacy of the parliament.

Published 30 Jan, 2010 12:00am

New York cotton

The following were Thursday's closing prices of New York cotton in US cents/lb.

Published 30 Jan, 2010 12:00am

Country faces enormous difficulties, Nawaz tells media

PML-N Chief Mian Nawaz Sharif has said that the country is facing enormous difficulties and problems and we need a revolutionary spirit and thinking to pull out it from such a state. Talking to media after a meeting of the party here on Friday, he said we

Published 30 Jan, 2010 12:00am

New York cotton

The following were Thursday's closing prices of New York cotton in US cents/lb.

Published 30 Jan, 2010 12:00am

PCB revokes NoCs issued to Pakistani cricketers for IPL-3

Pakistan Cricket Board (PCB) on Friday announced that all NoCs issued to Pakistani players for their participation in IPL-3 stand revoked. "In future, if any player receives an invitation for participation in IPL events, PCB will decide the matter on a ca

Published 30 Jan, 2010 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 30 Jan, 2010 12:00am

PCB revokes NoCs issued to Pakistani cricketers for IPL-3

Pakistan Cricket Board (PCB) on Friday announced that all NoCs issued to Pakistani players for their participation in IPL-3 stand revoked. "In future, if any player receives an invitation for participation in IPL events, PCB will decide the matter on a ca

Published 30 Jan, 2010 12:00am

BRIDGE NOTES: The art of good play

In bridge, declarer play is the most important ingredient of success, especially when the contract is a tight one. For then, the real test of skill marks the difference between the average player and the above average one. Naturally, no two plays of the s

Published 30 Jan, 2010 12:00am

Equities move both ways on LSE

Equities moved both the ways on the Lahore Stock Exchange (LSE) on Friday and finally stayed in green zone on account of investors' interest who made fresh entries in banking and oil sectors' shares. The LSE-25 index posted a gain of 17.66 points and was

Published 30 Jan, 2010 12:00am

SPORTS WORLD: Internal strife defeats the purpose of teamwork

After being whitewashed in the three-Test series against Australia, another whitewash is on the card, as the hosts have already the won the five-match One-day International (ODI) series 3-0. By the time this appears, the fourth one-dayer would have been p

Published 30 Jan, 2010 12:00am

Equities move both ways on LSE

Equities moved both the ways on the Lahore Stock Exchange (LSE) on Friday and finally stayed in green zone on account of investors' interest who made fresh entries in banking and oil sectors' shares. The LSE-25 index posted a gain of 17.66 points and was

Published 30 Jan, 2010 12:00am

TV THOUGHTS: A healthy daring focus on individual human stories: Would Allama Iqbal have committed suicide?

There is a very healthy focus on the human stories in the private news and current affairs channels and this recent trend is not just welcome, but it is also indicative of the point that the viewers are possibly more interested in events, and incidents th

Published 30 Jan, 2010 12:00am

Osama for boycott of US dollar

Al Qaeda chief Osama bin Laden blamed industrial nations for global warming, and urged a boycott of the US dollar to end "slavery," in an audio tape aired by Al-Jazeera television on Friday. "All industrial nations, mainly the big ones, are responsible fo

Published 30 Jan, 2010 12:00am

CAPITAL CULTURAL SCENE: 'The fluidity and purity of a soul'

The Nomad Art Gallery has been the venue of a wonderful exhibition of mixed media by Samina Ali Akhtar these days. The event would continue till the last day of the month. The display offers a big range of multidimensional creativity by the artist.

Published 30 Jan, 2010 12:00am

Osama for boycott of US dollar

Al Qaeda chief Osama bin Laden blamed industrial nations for global warming, and urged a boycott of the US dollar to end "slavery," in an audio tape aired by Al-Jazeera television on Friday. "All industrial nations, mainly the big ones, are responsible fo

Published 30 Jan, 2010 12:00am

Patience and courtesy in banking

Anger, like love and hatred, is a basic human emotion. An out-burst of temper is a common phenomenon. We are all subject to it in varying degrees - some more, some less. By giving vent to our temper, we give catharsis to our pent up emotions, which help t

Published 30 Jan, 2010 12:00am

Afghan reconstruction fund to spend $2.6 billion

Donors will provide around $2.6 billion to finance development in Afghanistan through a World Bank-administered reconstruction fund over the next three financial years, the fund said on Friday. Representatives of donor countries met in London on Friday, a

Published 30 Jan, 2010 12:00am

Tropical revolving storms

The memory is an organ of perception in the past, much as the eyes and other senses are organs of perception in the present. The casual links between originating experiences and present memories form a bridge to past time. When I recall the tropical revol

Published 30 Jan, 2010 12:00am

Afghan reconstruction fund to spend $2.6 billion

Donors will provide around $2.6 billion to finance development in Afghanistan through a World Bank-administered reconstruction fund over the next three financial years, the fund said on Friday. Representatives of donor countries met in London on Friday, a

Published 30 Jan, 2010 12:00am

ART FACTS: 'The Dying Miniature'

As I enter the Canvas Gallery to attend the exhibition of art works by Muhammad Zeeshan, I couldn't resist admiring the presentation of the occasion by professionals. At the entrance the large size paintings done in graphite on sandpaper in reverse with w

Published 30 Jan, 2010 12:00am

Afghan reconstruction fund to spend $2.6 billion

Donors will provide around $2.6 billion to finance development in Afghanistan through a World Bank-administered reconstruction fund over the next three financial years, the fund said on Friday. Representatives of donor countries met in London on Friday, a

Published 30 Jan, 2010 12:00am

KARACHI CHRONICLE: It's got a cosmopolitan outlook

A week ago on Thursday January 21, the Sindh Taraqqi Pasand Party (STPP) held an impressive large rally, which packed M.A. Jinnah Road from Quaid's Mazar to Tibet Centre. This great sea of people was emotionally charged but peaceful. Waving the blue-white

Published 30 Jan, 2010 12:00am

Aid programme failing in north western Pakistan

A $46 million American aid programme aimed at strengthening the government in Pakistan''s tribal regions and blunting the appeal of al Qaida and the Taliban has achieved little since it began two years ago, a US government audit found. The programme is on

Published 30 Jan, 2010 12:00am

Zardari faces more than legal problems

When President Asif Ali Zardari alludes to "other sources" (identified in court as the US and the Army by his counsel) in reference to his NRO problems, he is partially correct because these were the key players in bringing this Ordinance to life. Zardari

Published 30 Jan, 2010 12:00am

Aid programme failing in north western Pakistan

A $46 million American aid programme aimed at strengthening the government in Pakistan's tribal regions and blunting the appeal of al Qaida and the Taliban has achieved little since it began two years ago, a US government audit found. The programme is one

Published 30 Jan, 2010 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 82,949 tonnes of cargo including 35,884 tonnes of import cargo; 47,065 tonnes of export cargo and 4,263 loaded and empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 35,884 tonnes compri

Published 30 Jan, 2010 12:00am

Aid programme failing in north western Pakistan

A $46 million American aid programme aimed at strengthening the government in Pakistan's tribal regions and blunting the appeal of al Qaida and the Taliban has achieved little since it began two years ago, a US government audit found. The programme is one

Published 30 Jan, 2010 12:00am

US Midwest corn and soya steady to higher

Spot basis bids for corn and soyabeans were steady to higher around the US Midwest on Thursday as farmers remained on the sidelines hoping that futures would bounce back after sharp declines in recent days, dealers said. Many farmers sold portions of both

Published 30 Jan, 2010 12:00am

No decision yet on Karzai offer: Taliban

Taliban leaders will decide soon whether to join talks with the Afghan government, a militant spokesman said on Friday, after President Hamid Karzai invited them to a peace council aimed at ending the Afghan war. In the country's south, suicide attackers

Published 30 Jan, 2010 12:00am

Indian rapeseed output to drop; vegetable oil demand to rise

India's 2010 rapeseed output would drop by 11.3 percent from a year earlier due to poor prospects in the biggest producing state, the head of the country's top rapeseed oil producer said on Friday. Output of the main winter-planted oilseed, to be harveste

Published 30 Jan, 2010 12:00am

No decision yet on Karzai offer: Taliban

Taliban leaders will decide soon whether to join talks with the Afghan government, a militant spokesman said on Friday, after President Hamid Karzai invited them to a peace council aimed at ending the Afghan war. In the country's south, suicide attackers

Published 30 Jan, 2010 12:00am

US wheat futures close higher

US wheat futures closed higher on Thursday, lifted from 3-1/2 month lows by a round of short-covering late in the day, traders said. The benchmark Chicago Board of Trade March soft red winter wheat contract closed up 3-1/4 cents at $4.87 a bushel. Funds b

Published 30 Jan, 2010 12:00am

FBR orders arrest of 100 top defaulters

The Fed-eral Board of Revenue (FBR) has issued arrest orders of 100 top defaulters of sales tax and income tax under the enforcement drive launched country-wide to send a clear message that the hey days for taxes/duties evasion are over. Sources told B

Published 30 Jan, 2010 12:00am

India's local rice buys fall

India's domestic rice purchases in the new season from October fell 2.5 percent from a year ago, but the country has enough stocks to manage smooth supplies despite last year's drought, officials and analysts said. Official agencies bought 19.3 million to
Published 30 Jan, 2010 12:00am

FBR orders arrest of 100 top defaulters

The Fed-eral Board of Revenue (FBR) has issued arrest orders of 100 top defaulters of sales tax and income tax under the enforcement drive launched country-wide to send a clear message that the hey days for taxes/duties evasion are over. Sources told B
Published 30 Jan, 2010 12:00am

FOB Gulf soyabeans export premiums steady

US soyabean export premiums at the Gulf of Mexico were steady on Thursday amid slow demand as more global buyers sought South American supplies, traders said. Gulf offers scarce for January and February due to lack of available loading capacity. Two US so
Published 30 Jan, 2010 12:00am

FBR orders arrest of 100 top defaulters

The Fed-eral Board of Revenue (FBR) has issued arrest orders of 100 top defaulters of sales tax and income tax under the enforcement drive launched country-wide to send a clear message that the hey days for taxes/duties evasion are over. Sources told B
Published 30 Jan, 2010 12:00am

Ivorian rubber output to rise

Ivory Coast's rubber output is rising and will jump next year as soaring demand from China encourages its farmers to switch from growing cocoa and coffee. "Production has increased slightly this year ... after 2010 it is going to rise sharply as thousands
Published 30 Jan, 2010 12:00am

Awarding 747 megawatts plant contract without approval: Ecnec constitutes body for fixing responsibility

Executive Committee of National Economic Council (Ecnec) has constituted a high-level inquiry committee to fix responsibility on those guilty of awarding contract of the Rs 60 billion 747 MW Combined Cycle Power Plant at Guddu without its approval. The sp
Published 30 Jan, 2010 12:00am

Chinese demand for Indonesian coal likely to ease

Chinese demand for Indonesian coals is expected to ease in the next few weeks ahead of the Chinese New Year holiday in February and as weather in China improves, traders said. Supply from the world's top thermal coal exporters remained tight as heavy rain
Published 30 Jan, 2010 12:00am

Awarding 747 megawatts plant contract without approval: Ecnec constitutes body for fixing responsibility

Executive Committee of National Economic Council (Ecnec) has constituted a high-level inquiry committee to fix responsibility on those guilty of awarding contract of the Rs 60 billion 747 MW Combined Cycle Power Plant at Guddu without its approval. The sp
Published 30 Jan, 2010 12:00am

Buyers keep away from cotton market due to high rates

Higher rates forced the buyers to the sidelines on the local cotton market on Friday, dealers said. The Karachi Cotton Association (KCA) official spot rate was unmoved at Rs 4,600, dealers said. In the ready business, some 2600 bales of cotton changed han
Published 30 Jan, 2010 12:00am

Awarding 747 megawatts plant contract without approval: Ecnec constitutes body for fixing responsibility

Executive Committee of National Economic Council (Ecnec) has constituted a high-level inquiry committee to fix responsibility on those guilty of awarding contract of the Rs 60 billion 747 MW Combined Cycle Power Plant at Guddu without its approval. The sp
Published 30 Jan, 2010 12:00am

Canadian canola futures lower

ICE Canadian canola futures ended slightly lower on Thursday with modest fund selling. Funds seen selling 1,000 contracts. Support from exporter short-covering March dips to fresh 10-day low of $373.80 before recovering. Volume up as index funds roll Marc
Published 30 Jan, 2010 12:00am

Monetary policy today

The State Bank of Pakistan (SBP) will announce Monetary Policy Statement (MPS) for the January-February 2010 today (Saturday). Governor SBP Syed Salim Raza will address press conference for the announcement of MPS at 4pm at SBP head office.
Published 30 Jan, 2010 12:00am

No activity on grain market

No business was seen on the wholesale grain market on Friday as almost all the participants were busy in Juma prayers.
Published 30 Jan, 2010 12:00am

Monetary policy today

The State Bank of Pakistan (SBP) will announce Monetary Policy Statement (MPS) for the January-February 2010 today (Saturday). Governor SBP Syed Salim Raza will address press conference for the announcement of MPS at 4pm at SBP head office.
Published 30 Jan, 2010 12:00am

Jute goods higher on Jodia Bazar

The trading in jute goods twine moved up on Jodia Bazar here on Friday. The following changes were noted.
Published 30 Jan, 2010 12:00am

Monetary policy today

The State Bank of Pakistan (SBP) will announce Monetary Policy Statement (MPS) for the January-February 2010 today (Saturday). Governor SBP Syed Salim Raza will address press conference for the announcement of MPS at 4pm at SBP head office.
Published 30 Jan, 2010 12:00am

World market price for upland cotton

The US Agriculture Department set the prevailing world market price for upland cotton at 59.01 cents per lb, effective through February 4. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton. USDA also annou
Published 30 Jan, 2010 12:00am

Zardari to inaugurate conference on Sufism in March: Fakhar

President Asif Ali Zardari will be the chief guest and inaugurate the world conference on Sufism for Peace in the month of March this year, the Chairman Pakistan Academy of Letters Fakhar Zaman said here in an interview.
Published 30 Jan, 2010 12:00am

US copper lower

US copper futures settled at a 2-1/2-month low below $3.10 per lb on Thursday as investors continued to shun risk in the face of a stronger dollar and fears over the effects of tighter monetary policy in China. Benchmark copper for March delivery dropped
Published 30 Jan, 2010 12:00am

Zulfikarabad City: proposed project to be a separate, distinct city from Karachi, says Zardari

President Asif Ali Zardari on Friday said the proposed Zulfikarabad City Project will be a separate and distinct city from Karachi with all modern facilities. The President also asked the provincial government to hold a briefing on this project in the Sin
Published 30 Jan, 2010 12:00am

Shanghai copper declines

A firm dollar and concern over the pace and scope of credit tightening in China drove Shanghai copper down nearly 4 percent on Friday, following a drop in London prices in the previous session. Economic data out of the United States, and worries over the
Published 30 Jan, 2010 12:00am

President asks PPP Sindh to gear up for local bodies polls

President Asif Ali Zardari on Friday directed the Sindh PPP to set up boards at the Tehsil and district levels to select candidates for taking part in the forthcoming local bodies' polls, to be held in the province on party basis. The President stated thi
Published 30 Jan, 2010 12:00am

US rice down

US rice futures on the Chicago Board of Trade fell to their lowest levels in a week on Thursday, pressured by a firmer dollar and a lack of confirmation of rumoured export business, traders said. March rice settled 10-1/2 cents lower at $13.90 per hundred
Published 30 Jan, 2010 12:00am

BRIndex30 gains 28.88 points

On Friday, BRIndex30 opened at 8,384.22 and fluctuated up and down throughout the trading time. It closed at 8,439.85 with a positive change of 28.88 points or 0.34 percent. It experienced intra-day high and intra-day low of 8,461.70 and 8,377.31 respecti
Published 30 Jan, 2010 12:00am

Tokyo rubber futures easier

Tokyo rubber futures edged lower on Friday, as steady oil prices and demand on the physical market lent support, but a firmer Japanese yen weighed, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange fell 0.5 yen to settle at 274.3
Published 30 Jan, 2010 12:00am

BRIndex30 gains 28.88 points

On Friday, BRIndex30 opened at 8,384.22 and fluctuated up and down throughout the trading time. It closed at 8,439.85 with a positive change of 28.88 points or 0.34 percent. It experienced intra-day high and intra-day low of 8,461.70 and 8,377.31 respecti
Published 30 Jan, 2010 12:00am

New York sugar rebounds to end firm

Raw sugar futures closed higher Thursday on investor buying as the market rebounded following a correction in its rally to a 29-year top, brokers said. The March raw sugar contract climbed 0.64 cent to settle at 29 cents per lb. The contract traded from 2
Published 30 Jan, 2010 12:00am

Late buying pushes KSE index up

Late buying in some selective stocks on Friday supported the KSE-100 index to close in green at 9,614.19 points level with a net gain of 34.38 points. The market witnessed highly volatile activity with the index oscillating between 9,637.04 points intra-d
Published 30 Jan, 2010 12:00am

US soybeans higher

US soybean futures on the Chicago Board of Trade closed higher Thursday in a light short-covering bounce after the market fell to a fresh 3-1/2 month low for the fourth straight session. Soybeans traded lower for most of the session on improving South Ame
Published 30 Jan, 2010 12:00am

Late buying pushes KSE index up

Late buying in some selective stocks on Friday supported the KSE-100 index to close in green at 9,614.19 points level with a net gain of 34.38 points. The market witnessed highly volatile activity with the index oscillating between 9,637.04 points intra-d
Published 30 Jan, 2010 12:00am

Malaysian palm oil dips

Malaysian crude palm oil futures dropped 0.4 percent on Friday ahead of the long weekend as market participants scaled back their expectations for January exports due out next week, traders said. A big rise is key to easing inventories in the world's numb
Published 30 Jan, 2010 12:00am

Late buying pushes KSE index up

Late buying in some selective stocks on Friday supported the KSE-100 index to close in green at 9,614.19 points level with a net gain of 34.38 points. The market witnessed highly volatile activity with the index oscillating between 9,637.04 points intra-d
Published 30 Jan, 2010 12:00am

Oil holds steady near $74 in Asia

Oil was steady near $74 on Friday, headed for a third consecutive weekly drop, as the recovery of the US economy has yet to boost fuel demand. The US economy probably grew at an annual rate of 4.6 percent in the fourth quarter, up from 2.2 percent in the
Published 30 Jan, 2010 12:00am

Bill Gates pledges $10 billion for vaccines for the poor

Microsoft co-founder Bill Gates pledged 10 billion dollars over the next decade on Friday to research and deliver vaccines to the world''s poorest countries. Increased vaccination could save more than eight million children by 2020, said the entrepreneur-
Published 30 Jan, 2010 12:00am

US gold drops

US gold futures ended weaker on Thursday, touching a near three-month low as a dollar rise and uncertainty about how US President Barack Obama's proposal to limit risk taking by banks could affect gold trading. April down 90 cents at $1,084.80 an ounce. R
Published 30 Jan, 2010 12:00am

Bill Gates pledges $10 billion for vaccines for the poor

Microsoft co-founder Bill Gates pledged 10 billion dollars over the next decade on Friday to research and deliver vaccines to the world's poorest countries. Increased vaccination could save more than eight million children by 2020, said the entrepreneur-t
Published 30 Jan, 2010 12:00am

Gold off three-month lows in Asia

Gold prices moved away from near three-month lows on Friday but remained under pressure, hurt by a rising dollar and waning risk appetite among investors. The euro's extended fall against the greenback to its lowest in more than six months helped lift the
Published 30 Jan, 2010 12:00am

Bill Gates pledges $10 billion for vaccines for the poor

Microsoft co-founder Bill Gates pledged 10 billion dollars over the next decade on Friday to research and deliver vaccines to the world's poorest countries. Increased vaccination could save more than eight million children by 2020, said the entrepreneur-t
Published 30 Jan, 2010 12:00am

Toyota faces probe; Honda recalls models too

Toyota Motor Corp faced US Congress scrutiny over its biggest ever safety recall as rival Honda Motor Co, tipped to gain from Toyota's woes, also said it would recall thousands of cars world-wide. Honda said it would recall a total of 646,000 units of its
Published 30 Jan, 2010 12:00am

Major global banks split on regulation battle

The world''s top financiers are at odds about how to fight back against a global push for tougher financial regulation, with commercial and investment banks struggling to reach common ground. Top executives from Wall Street and Europe''s leading banks hav
Published 30 Jan, 2010 12:00am

UK house prices jump, consumer confidence rises

British house prices jumped at their sharpest pace in five months in January and consumer confidence rose more than expected, in a sign the economy got off to a good start in the new year. The Nation-wide building society said house prices rose by 1.2 per
Published 30 Jan, 2010 12:00am

Major global banks split on regulation battle

The world's top financiers are at odds about how to fight back against a global push for tougher financial regulation, with commercial and investment banks struggling to reach common ground. Top executives from Wall Street and Europe's leading banks have
Published 30 Jan, 2010 12:00am

Bernanke wins new term as Fed chief

Federal Reserve chief Ben Bernanke won confirmation Thursday to a second term as the US central banker, despite sharp attacks on his role before the 2008 financial meltdown and in its aftermath. After a bitter debate that roiled global stock markets, the
Published 30 Jan, 2010 12:00am

Major global banks split on regulation battle

The world's top financiers are at odds about how to fight back against a global push for tougher financial regulation, with commercial and investment banks struggling to reach common ground. Top executives from Wall Street and Europe's leading banks have
Published 30 Jan, 2010 12:00am

Japan's oil sales fall at fastest clip in 27 years

Japan's oil product sales last year fell at their swiftest pace in 27 years and consumption in December hit a 24-year low for the month, capping off a year in which a recession and diversification towards other fuel sources battered demand. Total petroleu
Published 30 Jan, 2010 12:00am

Government may deregulate POL products: 7.5 percent deemed duty on HSD to continue for one year

In a major development, government may allow oil refineries to continue charging 7.5 percent deemed duty on High Speed Diesel (HSD) for a period of one year and de-regulate all the petroleum products in new oil pricing policy, Business Recorder has
Published 30 Jan, 2010 12:00am

Obama unveils $33 billion jobs package

US President Barack Obama unveiled a 33-billion-dollar package of tax cuts Friday to encourage small businesses to hire new workers, as he takes aim at 10 percent unemployment. Obama, who has made job creation the top priority of his administration, spoke
Published 30 Jan, 2010 12:00am

Government may deregulate POL products: 7.5 percent deemed duty on HSD to continue for one year

In a major development, government may allow oil refineries to continue charging 7.5 percent deemed duty on High Speed Diesel (HSD) for a period of one year and de-regulate all the petroleum products in new oil pricing policy, Business Recorder has
Published 30 Jan, 2010 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 14	277.83
USD PKR Interbank Buying / Nov 14	277.63
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
S&P 500 / Nov 14	5,949.17
India Sensex / Nov 14	77,580.31
Nasdaq / Nov 14	19,107.65
Dow Jones / Nov 14	43,750.86
Tokyo Nikkei / Nov 15	38,642.91
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Petrol/Litre / Nov 15	248.38
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Diesel/Litre / Nov 15	255.14

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 15 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 15 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 15 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 15 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 15 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 15 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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