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Apr 17, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-03-21
Crude oil prices dive in volatile trade

Crude oil prices dive in volatile trade

Oil prices sank heavily last week as traders tracked the dollar and Greek debt concerns, and shrugged off a widely-expected decision from the 12-nation Opec cartel to maintain crude output levels. Many other commodities were also dragged lower by stubborn
Published 21 Mar, 2010 12:00am
'TDAP working to establish Exim Bank like institution'

'TDAP working to establish Exim Bank like institution'

Trade Development Authority of Pakistan (TDAP) is working for setting up Exim Bank like organisation to cater to the needs of exporters and importers only, Chief Executive of TDAP, Syed Mohibullah Shah informed business community here on Saturday.
Published 21 Mar, 2010 12:00am
'Microbiology advancement can help meet new research trends'

'Microbiology advancement can help meet new research trends'

A three-day 2nd national symposium on "New Trends and Advancement in Microbiology" organised by the Department of Microbiology, University of Sindh in collaboration with Higher Education Commission (HEC) concluded here on Saturday.
Published 21 Mar, 2010 12:00am
MQM MNAs slam government for power breakdowns

MQM MNAs slam government for power breakdowns

Muttahida Qaumi Movement MNAs Saturday strongly condemned the prolonged breakdowns of electricity in the metropolis. In a statement issued by MQM here, the parliamentarians said emergency operations are being postponed in the hospitals due to loadshedding
Published 21 Mar, 2010 12:00am
US F-35 fighter fleet's price may be double the forecast

US F-35 fighter fleet's price may be double the forecast

The estimated total cost of Lockheed Martin Corp's F-35 fighter jets being bought by the Pentagon may be nearly twice as high as originally forecast, the US Defence Department said Friday. The bill for 2,443 F-35s is currently estimated at $278 billion to
Published 21 Mar, 2010 12:00am
Massive sandstorm turns Beijing's streets yellow

Massive sandstorm turns Beijing's streets yellow

Tonnes of sand from deserts in China's interior blew into Beijing on Saturday, shrouding China's capital in a yellow-orange haze that authorities warned made the air quality "hazardous". There were few people out on streets where pedestrians could taste t
Published 21 Mar, 2010 12:00am
US House Democrats see momentum on health bill

US House Democrats see momentum on health bill

Democratic leaders in the US House of Representatives lobbied undecided members for support and voiced growing confidence on Friday they will win a close vote on final passage of a sweeping healthcare overhaul. The House will vote on Sunday afternoon on P
Published 21 Mar, 2010 12:00am
Pope's shame and remorse over Irish child sex abuse

Pope's shame and remorse over Irish child sex abuse

Pope Benedict apologised on Saturday to victims of child sex abuse by clergy in Ireland and ordered an official inquiry there to try to stem a scandal gripping the Catholic Church which has swept across Europe. The pope's pronouncement on abuse at Irish d
Published 21 Mar, 2010 12:00am
US stand on Israel 'paying off': Hillary

US stand on Israel 'paying off': Hillary

The strong US reaction to Israeli settlement plans is "paying off," Secretary of State Hillary Clinton said Friday, with Israeli-Palestinian negotiations expected to resume. The chief US diplomat sounded upbeat a day after Israeli Prime Minister Benjamin
Published 21 Mar, 2010 12:00am
Indonesians protest Israel settlements

Indonesians protest Israel settlements

More than a thousand people in Indonesia, the world's largest Muslim country, protested Saturday over Israel's plan to build settlements in East Jerusalem. The demonstrators, who mostly wore white, shouted: "Destroy Israel, destroy Israel... Israel is the
Published 21 Mar, 2010 12:00am
Israeli troops kill Palestinian in West Bank

Israeli troops kill Palestinian in West Bank

A Palestinian youth was killed and another seriously wounded on Saturday during a clash with Israeli troops in the occupied West Bank, Palestinian hospital officials said. The youths had been taking part in a demonstration in which stones were thrown at I
Published 21 Mar, 2010 12:00am
Senior al-Shabab commander assassinated

Senior al-Shabab commander assassinated

A witness says a senior commander of the Somali insurgent group al-Shabab has been assassinated in an area tightly controlled by the militants. At least three masked men armed with pistols shot Sheikh Daud Ali Hasan several times in the head and chest as
Published 21 Mar, 2010 12:00am
Thousands rally against Putin, dozens detained

Thousands rally against Putin, dozens detained

Russian police broke up an opposition demonstration in Moscow on Saturday, one of around 50 rallies across the country with thousands protesting falling living standards under Prime Minister Vladimir Putin. A coalition of opposition groups declared a nati
Published 21 Mar, 2010 12:00am
US offer of dialogue with Iran still stands: Obama

US offer of dialogue with Iran still stands: Obama

US President Barack Obama renewed his administration's offer of dialogue and diplomacy with Tehran on Saturday, a year after his offer of a new beginning with Iran failed to achieve concrete results. Obama, who addressed Iranians in a new videotaped appea
Published 21 Mar, 2010 12:00am
Three Asians killed in Kuwait apartment block fire

Three Asians killed in Kuwait apartment block fire

Three Asians died in an apartment block fire in a Kuwait City suburb that started in a basement used to store cosmetics and perfumes, the state news agency KUNA reported on Saturday. Three firemen were injured in fighting the blaze, along with four other
Published 21 Mar, 2010 12:00am
Bulgarian public servants protest over pay cuts

Bulgarian public servants protest over pay cuts

Thousands of Bulgarian taxmen, police and army officers protested on Saturday against government plans to cut their social benefits as part of austerity measures to keep down its fiscal deficit. The centre-right government has said it will make 150,000 ci
Published 21 Mar, 2010 12:00am
Multimillion dollar settlement for 9/11 'heroes' rejected

Multimillion dollar settlement for 9/11 'heroes' rejected

A federal judge rejected a multimillion dollar settlement for people sickened by ash and dust from the World Trade Centre, saying the deal to compensate 10,000 police officers, fire-fighters and other labourers didn't contain enough money.
Published 21 Mar, 2010 12:00am
Russians, EADS eye rich US aerial tanker deal

Russians, EADS eye rich US aerial tanker deal

A surprise Russian bid was reported in the works Friday for a multibillion-dollar US aerial-refuelling fleet even as Europe's EADS sought three more months for a possible bid of its own. The fresh competitor is a joint venture due to be announced by a US
Published 21 Mar, 2010 12:00am
Cambodia bans citizens from marrying South Koreans

Cambodia bans citizens from marrying South Koreans

Cambodia has temporarily banned marriages between local women and South Korean men over concerns about human trafficking, officials said on Saturday. The ban was enforced after Cambodian police arrested a woman who had lured 25 girls from rural areas, eac
Published 21 Mar, 2010 12:00am
Lebanon charges four with spying for Israel

Lebanon charges four with spying for Israel

A Lebanese military judge has charged four people with spying for Israel and providing the Jewish state with details about the army and militant group Hezbollah, a judicial source said on Saturday. "All four suspects are Lebanese and are charged with spyi
Published 21 Mar, 2010 12:00am
Thai protesters agree to talk with government after buoyant parade

Thai protesters agree to talk with government after buoyant parade

Thailand's prime minister said "Red Shirt" protesters had agreed Saturday to talks with a government minister, as they bolstered their week-long rally with a carnival-like parade through Bangkok. The mainly rural supporters of ousted premier Thaksin Shina
Published 21 Mar, 2010 12:00am
Chinese media hits out at Google, alleges intelligence links

Chinese media hits out at Google, alleges intelligence links

Chinese media unleashed a torrent of criticism against Google on Saturday after reports it would leave the country, with state news agency Xinhua alleging the company was linked to US intelligence. The comments were the latest in a series of angry exchang
Published 21 Mar, 2010 12:00am
Swedish employees get 2.6 percent wage hike

Swedish employees get 2.6 percent wage hike

Sweden's industrial employers agreed on Saturday to a 2.6 percent wage hike for white collar workers that covers the next 18 months, broadly in line with the central bank's expectations for inflation. The wage increase was at the lower end of demands made
Published 21 Mar, 2010 12:00am
Arrest warrant boosted my popularity: Bashir

Arrest warrant boosted my popularity: Bashir

Sudanese President Omar Al-Bashir said the international arrest warrant against him had unexpectedly increased his popularity, in a interview in Germany on Saturday. "The International Court of Justice (ICC) has done me a favour which I would never have d
Published 21 Mar, 2010 12:00am
Pakistan Day T20 Challenge Trophy on March 23

Pakistan Day T20 Challenge Trophy on March 23

Pakistan Cricket Board (PCB) is organising "Pakistan Day Twenty-20 Challenge Trophy" sponsored by Cool and Cool here at Gaddafi Stadium on 23rd March 2010. Two Twenty-20 matches will be played between Pakistan Team, Pakistan-A Team and Pakistan U-19 Team.
Published 21 Mar, 2010 12:00am
Royal Palm Golf: Sindh team emerged victorious

Royal Palm Golf: Sindh team emerged victorious

The third round of Royal Palm National Golf Championship was played at the magnificent par 72 Royal Palm Golf Course in conditions ideal for golf and after the third day the Inter association team match tilted the way of Sindh team.
Published 21 Mar, 2010 12:00am
Serena, Del Potro withdraw from Miami

Serena, Del Potro withdraw from Miami

Serena Williams and Juan Martin Del Potro have withdrawn from the upcoming ATP and WTA hardcourt tournament here with injuries, organisers said Friday. Argentina's Del Potro had hoped to be back but is still nursing a wrist injury that wrecked his Austral
Published 21 Mar, 2010 12:00am
Pakistan appeals against Davis Cup tie switch

Pakistan appeals against Davis Cup tie switch

Pakistan has appealed against its Davis Cup Asia Oceania tie being switched to New Zealand over security fears, demanding it should be played at a neutral venue, officials said Saturday. Pakistan Tennis Federation (PTF) secretary Rashid Khan said an appea
Published 21 Mar, 2010 12:00am
Wozniacki, Jankovic ease into Indian Wells final

Wozniacki, Jankovic ease into Indian Wells final

Caroline Wozniacki breezed into the final of the Indian Wells WTA tournament with a commanding 6-2 6-3 victory over her good friend Agnieszka Radwanska Friday. The Danish second seed pumped her right fist in celebration after sealing victory in one hour 3
Published 21 Mar, 2010 12:00am
Bayern hit French with FIFA threat over Ribery woes

Bayern hit French with FIFA threat over Ribery woes

Bayern Munich have hit out at France's national team for their treatment of Franck Ribery, and are set to lodge an official complaint with football's world ruling body FIFA. Ribery has endured injury woes since before the start of the season and was calle
Published 21 Mar, 2010 12:00am
Punjab Games from April 12

Punjab Games from April 12

A three-day Punjab Games would be organised from April 12 to 14 in Lahore for which the Punjab government has released an amount of Rs 5 million. Punjab Minister for Sports, Dr Tanveer-ul-Islam said here on Saturday that arrangements are afoot to hold the
Published 21 Mar, 2010 12:00am
SPM outclass Lahore Eagles

SPM outclass Lahore Eagles

Syed Paper Mills Stags defeated Lahore Eagles by 160 runs in first SPM Lahore Veterans Cricket League at Model Town Green Ground, Lahore. SPM put up fine batting display to make 302-5 in 35 overs. Shahid Anwar made 91, Kamran Khan 69, Asad Iqbal 56, Rafaq
Published 21 Mar, 2010 12:00am
Birthday boy Tamim flays England attack

Birthday boy Tamim flays England attack

Tamim Iqbal celebrated his birthday with an explosive 85 as Bangladesh posted 330-8 on the opening day of the second and final Test against England on Saturday. The left-handed opener, who turned 21, put the England attack to the sword in a magnificent di
Published 21 Mar, 2010 12:00am
Murray stunned by Soderling, Roddick advances

Murray stunned by Soderling, Roddick advances

Sixth seed Robin Soderling delivered a tennis master class in the opening set before eliminating fourth seed Andy Murray 6-1 7-6 in the quarter-finals of the Indian Wells ATP tournament on Friday. After saving four break points in the first game, the Swed
Published 21 Mar, 2010 12:00am
Carew rescues Villa as late strike frustrates Wolves

Carew rescues Villa as late strike frustrates Wolves

Aston Villa salvaged a 2-2 draw against Premier League strugglers Wolves thanks to John Carew's late equaliser on Saturday. Martin O'Neill's team looked set for an embarrassing home defeat against their local rivals after James Milner's first half own goa
Published 21 Mar, 2010 12:00am
Forex outlook: US dollar likely to rise next week

Forex outlook: US dollar likely to rise next week

The dollar is expected to rise in the week ahead as investors focus on stronger US economic data compared with other parts of the world, indicating the US Federal Reserve is closer to tightening rates than other central banks. Higher rates increase the at
Published 21 Mar, 2010 12:00am
Won edges up

Won edges up

The South Korean won rose slightly on Friday as foreign investors kept buying local stocks and on demand from exporters for settlements. The won, however, failed to break through the 1,130 per dollar level on renewed concerns in global credit markets abou
Published 21 Mar, 2010 12:00am
Euro falls versus dollar

Euro falls versus dollar

The euro fell on Friday over doubts Greece would win euro-zone aid, capping its worst week since January, and concerns about the UK economy hit sterling. A report on Thursday that Greece saw limited prospects for euro-zone assistance raised concerns about
Published 21 Mar, 2010 12:00am
Kenyan shilling unchanged

Kenyan shilling unchanged

Kenya's shilling barely moved against the dollar on Friday as supply and demand of the US currency was evenly matched and traders predicted it was likely to trade in a narrow range next week. The commercial banks posted the unit at 76.90/77.00 against the
Published 21 Mar, 2010 12:00am
Mexican peso sinks

Mexican peso sinks

Mexico's peso broke a five-week winning streak on Friday after comments from the finance minister stoked speculation that the central bank will step up dollar purchases. The peso was on track to notch a 0.29 percent decline this week after sharp losses in
Published 21 Mar, 2010 12:00am
IMM dollar bets go short for first time since January

IMM dollar bets go short for first time since January

Currency speculators are betting against the US dollar for the first time since the week ended January 19, according to Commodity Futures Trading Commission data released on Friday. The value of the dollar's net short position was $121 million in the week
Published 21 Mar, 2010 12:00am
Dow snaps eight-session streak

Dow snaps eight-session streak

The Dow industrials snapped an eight-session winning streak on Friday, as renewed worries about Greece sparked a climb in the dollar and weighed on US stocks. Sectors sensitive to dollar moves were hit hard, including materials, chip makers and energy.
Published 21 Mar, 2010 12:00am
US Treasury Outlook: debt supply not expected to upset ranges

US Treasury Outlook: debt supply not expected to upset ranges

US Treasury debt trade next week is likely to be dictated by investor appetite for another massive dollop of government debt issuance, although yields are unlikely to break out of recent ranges, analysts said. The Treasury Department will sell $44 billion
Published 21 Mar, 2010 12:00am
US Treasury Outlook: debt supply not expected to upset ranges

US Treasury Outlook: debt supply not expected to upset ranges

US Treasury debt trade next week is likely to be dictated by investor appetite for another massive dollop of government debt issuance, although yields are unlikely to break out of recent ranges, analysts said. The Treasury Department will sell $44 billion
Published 21 Mar, 2010 12:00am
Mexican stocks slip

Mexican stocks slip

Mexico's stocks sank on Friday, hurt by a marked drop in appetite for risker assets on worries about Greece's debt problems and by concerns that the central bank could step up dollar purchases. The IPC stock index fell 0.48 percent to 32,812. Uncertainty
Published 21 Mar, 2010 12:00am
Turkish assets ease

Turkish assets ease

Turkish markets edged lower on Friday amid uncertainty about the government's constitutional change plans and concerns about rising inflation after the central bank said it was ready to raise rates if necessary. The main stock exchange index dipped 0.16 p
Published 21 Mar, 2010 12:00am
Brazilian stocks slide

Brazilian stocks slide

Brazilian stocks sank on Friday, as commodities dropped on a dollar strengthened by euro zone fiscal worries. Brazil's benchmark Bovespa stock index slid 1.25 percent to 68,828.98 after dipping slightly on Thursday. The index opened higher before turning
Published 21 Mar, 2010 12:00am
Indian yields down

Indian yields down

Indian federal bond yields on Friday hit three-week lows touched in the previous session as traders covered short positions and met their mandatory debt holding requirements. The yield on the 10-year benchmark 6.35 percent, 2020 bond ended at 7.83 percent
Published 21 Mar, 2010 12:00am
Indian yields down

Indian yields down

Indian federal bond yields on Friday hit three-week lows touched in the previous session as traders covered short positions and met their mandatory debt holding requirements. The yield on the 10-year benchmark 6.35 percent, 2020 bond ended at 7.83 percent
Published 21 Mar, 2010 12:00am
Shorter-dated US Treasuries tumble

Shorter-dated US Treasuries tumble

Shorter-dated US Treasury debt prices eased on Friday as traders worked to cheapen the notes ahead of next week's massive round of government debt supply. Losses were limited however, particularly in longer-dated maturities, as weaker stocks and ongoing w
Published 21 Mar, 2010 12:00am
Shorter-dated US Treasuries tumble

Shorter-dated US Treasuries tumble

Shorter-dated US Treasury debt prices eased on Friday as traders worked to cheapen the notes ahead of next week's massive round of government debt supply. Losses were limited however, particularly in longer-dated maturities, as weaker stocks and ongoing w
Published 21 Mar, 2010 12:00am
Korean bonds mixed

Korean bonds mixed

South Korean bond prices ended mixed on Friday, with longer-dated bonds extending their rally while shorter paper was weighed down by profit-taking as traders sought clarity on the market's next direction. The yield on 1-year treasury bonds held steady at
Published 21 Mar, 2010 12:00am
Korean bonds mixed

Korean bonds mixed

South Korean bond prices ended mixed on Friday, with longer-dated bonds extending their rally while shorter paper was weighed down by profit-taking as traders sought clarity on the market's next direction. The yield on 1-year treasury bonds held steady at
Published 21 Mar, 2010 12:00am
Chinese hotel IPO faces economic tightening fears

Chinese hotel IPO faces economic tightening fears

Discount hotel chain China Lodging Group Ltd is emblematic of China's blistering growth, but it could be hurt if the government takes steps to prevent the world's third-largest economy from overheating. China Lodging, which hopes to raise about $100 milli
Published 21 Mar, 2010 12:00am
US corporate bond spreads steady

US corporate bond spreads steady

US corporate bond spreads held steady on Friday as investors started to shrug off long-running concerns about Greece's debt problems, analysts said. Escalating worries about the high debt load of several European countries and the potential impact on the
Published 21 Mar, 2010 12:00am
US corporate bond spreads steady

US corporate bond spreads steady

US corporate bond spreads held steady on Friday as investors started to shrug off long-running concerns about Greece's debt problems, analysts said. Escalating worries about the high debt load of several European countries and the potential impact on the
Published 21 Mar, 2010 12:00am
Canadian stocks fall

Canadian stocks fall

Toronto's main stock index ended lower for a second straight session on Friday, dropping below the 12,000 mark as weak commodity prices hit heavily weighted petroleum and metal producers. Natural gas major EnCana Corp declined 2.3 percent to C$31.37 while
Published 21 Mar, 2010 12:00am
China bill, bond yields weaken

China bill, bond yields weaken

Chinese bill and bond yields dropped on Friday as the market further scaled back expectations of interest rate hikes, driven in part by Beijing's determination to maintain a stable currency, which suggested concern about the economic growth outlook.
Published 21 Mar, 2010 12:00am
China bill, bond yields weaken

China bill, bond yields weaken

Chinese bill and bond yields dropped on Friday as the market further scaled back expectations of interest rate hikes, driven in part by Beijing's determination to maintain a stable currency, which suggested concern about the economic growth outlook.
Published 21 Mar, 2010 12:00am
Canadian bond dips

Canadian bond dips

Interest-rate sensitive short-dated Canadian bond prices fell on Friday, as the stronger-than-expected data affirmed growing expectations of interest rate increases and despite a global flight to safety stemming from tensions about Greece's debt burden.
Published 21 Mar, 2010 12:00am
Canadian bond dips

Canadian bond dips

Interest-rate sensitive short-dated Canadian bond prices fell on Friday, as the stronger-than-expected data affirmed growing expectations of interest rate increases and despite a global flight to safety stemming from tensions about Greece's debt burden.
Published 21 Mar, 2010 12:00am
Latin American markets soften

Latin American markets soften

Latin American currencies were mostly weaker on Friday on revived worries about Greece's debt problems, which weakened the euro against the safe-haven US dollar. Emerging market debt spreads narrowed 3 basis points to 257 basis points over Treasuries, acc
Published 21 Mar, 2010 12:00am
UK Conservatives back US-style bank tax plan

UK Conservatives back US-style bank tax plan

Britain's opposition Conservatives would introduce a unilateral tax on banks similar to that planned by US President Barack Obama if they win the upcoming election, leader David Cameron said on Saturday.
Published 21 Mar, 2010 12:00am
Ahmadinejad suggests referendum on subsidy cuts

Ahmadinejad suggests referendum on subsidy cuts

Iran's President Mahmoud Ahmadinejad has suggested holding a referendum to approve subsidy cuts that the Islamic republic's parliament has repeatedly blocked, a news agency said on Saturday. Parliament this month passed a state budget for the next Iranian
Published 21 Mar, 2010 12:00am
Goldman executives get big 2009 fund payouts

Goldman executives get big 2009 fund payouts

Goldman Sachs Group Inc CEO Lloyd Blankfein and other top executives, pressured by public outrage to slash their bonuses, still received tens of millions of dollars in distributions from an internal investment fund in 2009. Blankfein received $18.7 millio
Published 21 Mar, 2010 12:00am
Japan loans Turkmenistan for fertiliser plant

Japan loans Turkmenistan for fertiliser plant

Japan's state-run Bank for International Co-operation (JBIC) has loaned Turkmenistan 500 million dollars (370 million euros) to build a fertiliser plant, a state newspaper said Saturday. The credit is for an ammonia and urea plant to be built by Japanese
Published 21 Mar, 2010 12:00am
Greek leader warns Berlin that EU at risk if no aid

Greek leader warns Berlin that EU at risk if no aid

Greek Prime Minister George Papandreou implicitly criticised Germany on Saturday for opposing efforts to help his country out of its fiscal crisis, warning they risked destabilising the EU. "We have struggled for years to build a strong Europe, economical
Published 21 Mar, 2010 12:00am
Greece must implement austerity measures: Merkel

Greece must implement austerity measures: Merkel

German Chancellor Angela Merkel said in a speech on Saturday that Greece must implement its austerity programme and praised Greece Prime Minister George Papandreou for his efforts. "I thank the Greek Prime Minister for his austerity programme," Merkel sai
Published 21 Mar, 2010 12:00am
Bharti board okays $9 billion offer for Zain Africa

Bharti board okays $9 billion offer for Zain Africa

India's Bharti Airtel's board on Saturday approved a $9 billion offer for Kuwaiti telecom Zain's African assets, Bloomberg reported, citing two people with knowledge of the negotiations. Exclusive talks between Bharti and Zain expire on March 25, marking
Published 21 Mar, 2010 12:00am
Keep Fed as watchdog of small US banks: Bernanke

Keep Fed as watchdog of small US banks: Bernanke

Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall health of the entire US financial system. Bernanke, in a speech to the Ind
Published 21 Mar, 2010 12:00am
China inflation goal tough but reachable: official

China inflation goal tough but reachable: official

China's 2010 inflation goal of 3 percent is tough but achievable, with good grain supplies and excess capacity helping keep prices down, while growth should hit 8 or 9 percent, senior government advisers told a conference on Saturday.
Published 21 Mar, 2010 12:00am
US pay czar trims salaries at top of General Motors executive ranks

US pay czar trims salaries at top of General Motors executive ranks

The US pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year. US pay czar Kenneth Feinberg said he plans to release the 2010 compensation decisions next week on the five large US
Published 21 Mar, 2010 12:00am
Obama urges senators to support financial reform

Obama urges senators to support financial reform

US President Barack Obama urged lawmakers on Saturday to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises. As healthcare reform reaches a make-or-break vote in
Published 21 Mar, 2010 12:00am
Doha trade talks not at their expected stage: India

Doha trade talks not at their expected stage: India

India's minister of commerce and industry said on Friday that progress in concluding global trade talks was behind schedule but that it was up to political leaders to decide if they can meet their own year-end deadline for a deal. Anand Sharma said the Do
Published 21 Mar, 2010 12:00am
Indonesia to unlock some areas for foreign investment

Indonesia to unlock some areas for foreign investment

Indonesia plans to unlock more sectors to overseas investors including health, agriculture and creative, although will not allow investment in telecommunication towers, the head of the country's investment co-ordinating board said. Gita Wirjawan said a dr
Published 21 Mar, 2010 12:00am
Gunmen kill seven in Quetta

Gunmen kill seven in Quetta

Gunmen have shot dead seven people in separate incidents in Quetta, police said on Saturday. At least three Shias were killed on Saturday when two men riding a motorbike opened fire on the outskirts of Quetta. "All three men died on the spot," senior poli
Published 21 Mar, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 20, 2010).
Published 21 Mar, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (March 20, 2010).

Published 21 Mar, 2010 12:00am
CoAS leaves for US

CoAS leaves for US

Chief of Army Staff, General Ashfaq Parvez Kayani on Saturday left on an official visit to United States. He is visiting USA on the special invitation of the US Centcom General David Petraeus. During the visit, CoAS would meet senior military and governme
Published 21 Mar, 2010 12:00am
CoAS leaves for US

CoAS leaves for US

Chief of Army Staff, General Ashfaq Parvez Kayani on Saturday left on an official visit to United States. He is visiting USA on the special invitation of the US Centcom General David Petraeus. During the visit, CoAS would meet senior military and governme
Published 21 Mar, 2010 12:00am
US allows India to quiz Headley

US allows India to quiz Headley

The United States will permit India to question a Chicago man who has admitted scoping out sites for the deadly 2008 Mumbai attacks, Home Minister P. Chidambaram said on Saturday. The assurance came following a telephone conversation between Chidambaram a
Published 21 Mar, 2010 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (March 20, 2010).

Published 21 Mar, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (March 20, 2010).

Published 21 Mar, 2010 12:00am
Banks to remain closed on March 23

Banks to remain closed on March 23

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including Public Debt Offices will remain closed on March 23 (Tuesday) on account of Pakistan Day.
Published 21 Mar, 2010 12:00am
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