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Print - 2010-03-31
Bangladesh curbs airconditioner use to save power

Bangladesh curbs airconditioner use to save power

Bangladesh on Tuesday directed most users to switch off their airconditioners for five hours during the evening in a move to save up to 500 megawatts of electricity a day as it grapples chronic power shortages. The country faces daily shortages of up to 1
Published 31 Mar, 2010 12:00am
Palestinian killed, 12 hurt in 'Land Day' demonstrations

Palestinian killed, 12 hurt in 'Land Day' demonstrations

A Palestinian teenager was killed and 12 people were wounded, including children, as Israeli troops opened fire at "Land Day" demonstrators near the Gaza border on Tuesday, Palestinian medics said. Hundreds of demonstrators marched to the border, east of
Published 31 Mar, 2010 12:00am
Turk president urges care on constitutional reform

Turk president urges care on constitutional reform

Turkish President Abdullah Gul warned his own supporters in government on Tuesday to be careful as they sent to parliament a disputed constitutional reform package that strikes at the heart of the secular elite. The proposals to overhaul the judiciary, ma
Published 31 Mar, 2010 12:00am
Progress 'too slow' in Afghanistan: Obama

Progress 'too slow' in Afghanistan: Obama

Progress in Afghanistan has been "too slow," US President Barack Obama said Monday following a surprise visit to the war-torn nation. "I think he is listening," Obama, referring to his Afghan counterpart Hamid Karzai, told NBC in an interview after return
Published 31 Mar, 2010 12:00am
Mullen in Afghan war zone as US gears up for Kandahar

Mullen in Afghan war zone as US gears up for Kandahar

The top US military commander on Tuesday visited Marjah, the frontline of US-led operations against the Taliban in southern Afghanistan where a battle for Kandahar is already ramping up. Admiral Mike Mullen, chairman of the US Joint Chiefs of Staff, arriv
Published 31 Mar, 2010 12:00am
Thai reds refuse more talks, plan fresh weekend demonstration

Thai reds refuse more talks, plan fresh weekend demonstration

Thailand's anti-government "Red Shirts" on Tuesday rejected the prime minister's offer of more talks, saying negotiations to end their protests had failed and promising a fresh mass rally on Saturday. Leaders of the red-clad protest movement have held two
Published 31 Mar, 2010 12:00am
Jordan and South Korea ink $130 million reactor deal

Jordan and South Korea ink $130 million reactor deal

Jordan and South Korea on Tuesday signed an agreement for the construction of a research-purpose nuclear reactor costing 130 million dollars, a government statement said. The agreement was concluded between the Jordan Atomic Energy Commission (JAEC) and a
Published 31 Mar, 2010 12:00am
UN blames power abuse for poverty in Afghanistan

UN blames power abuse for poverty in Afghanistan

Over a third of Afghans are living in abject poverty, as those in power are more concerned about addressing their vested interests rather than the basic needs of the population, a UN report said Tuesday. "Abuse of power is a key driver of poverty in Afgha
Published 31 Mar, 2010 12:00am
Thai PTT gas plant delay to hit volume growth

Thai PTT gas plant delay to hit volume growth

Top Thai energy firm PTT PCL expects a new gas separation plant caught up in an environmental row to start up in the middle of this year, which would boost its gas sale volume growth to more than 10 percent. But growth might be cut to 4-5 percent if the s
Published 31 Mar, 2010 12:00am
Israel says US boosts Arab hardliners

Israel says US boosts Arab hardliners

The Obama administration's pressure on Israel to curb settlement activity will bolster Palestinian hardliners and hinder peace efforts, a senior Israeli cabinet minister said on Monday. Tension with Washington flared three weeks ago, and has simmered sinc
Published 31 Mar, 2010 12:00am
Anti-smoking squads for Hong Kong

Anti-smoking squads for Hong Kong

A team of nearly 100 anti-smoking officers is to enforce a new ban on cigarettes at outdoor public transport interchanges in Hong Kong, a government official said Monday. Hong Kong, which has already banned smoking in many outdoor areas including public p
Published 31 Mar, 2010 12:00am
Six Asian workers killed in UAE road accident

Six Asian workers killed in UAE road accident

Six Asian workers were killed and 44 injured when their bus collided with a lorry on Monday south-west of the Emirati capital, the official WAM news agency reported. Police, quoted by WAM, said the bus driver apparently swerved out of his lane and crashed
Published 31 Mar, 2010 12:00am
US warns Karzai's brother could become target

US warns Karzai's brother could become target

The United States has warned Afghan President Hamid Karzai's half-brother he could be targeted if he were ever found to be providing arms or assistance to insurgents, a senior US military official said on Monday. "I'd like him out of there," the official
Published 31 Mar, 2010 12:00am
Sri Lanka's former army chief could die in custody: wife

Sri Lanka's former army chief could die in custody: wife

The wife of Sri Lanka's detained ex-army chief Monday accused authorities of preventing her husband from receiving vital medical treatment and said he could die in custody. Sarath Fonseka's health had deteriorated since he was held at the naval headquarte
Published 31 Mar, 2010 12:00am
Turkey makes case against sanctions on Iran

Turkey makes case against sanctions on Iran

Turkish Prime Minister Tayyip Erdogan said on Monday he did not favour imposing economic sanctions to pressure Iran into showing that it has no covert nuclear weapons programme. Erdogan discussed different approaches with visiting German Chancellor Angela
Published 31 Mar, 2010 12:00am
North Korea warns South to stop tours at border

North Korea warns South to stop tours at border

North Korea warned on Monday of unpredictable disaster unless the South and the United States stop allowing tours inside a heavily armed border buffer that is one of the most visited spots on the peninsula. The warning comes as tensions were raised after
Published 31 Mar, 2010 12:00am
Somali pirates hijack merchant ship with 24 crew

Somali pirates hijack merchant ship with 24 crew

Pirates boarded and hijacked a merchant vessel and its crew of 24 in the Gulf of Aden before sailing it towards the Somali coast, Nato announced Monday. Nato's counter piracy operation, Ocean Shield, said in a statement that the ship had been just 10 naut
Published 31 Mar, 2010 12:00am
Pirates seize Somalia-bound ships, others rescued

Pirates seize Somalia-bound ships, others rescued

Pirates seized a ship with 24 crew members off the port of Aden on Monday and Mogadishu traders said seven additional vessels headed for the Somali capital had been hijacked over the past two days. The Kenyan-based Ecoterra maritime monitoring agency said
Published 31 Mar, 2010 12:00am
Nine Christian militia members charged in plot

Nine Christian militia members charged in plot

Nine members of an anti-government Christian militia were charged with plotting to attack police in Michigan, an indictment unsealed Monday said. Prosecutors say the Hutaree militia planned to kill a member of law enforcement and then attack the funeral t
Published 31 Mar, 2010 12:00am
Japan presents US with alternatives in base dispute

Japan presents US with alternatives in base dispute

Japan's foreign minister on Monday presented the United States with alternatives for a military base, hoping to resolve a row that has been a growing thorn in relations between the allies. Japan's left-leaning government is hoping to gauge the US reaction
Published 31 Mar, 2010 12:00am
Ghana inflation seen at 10 percent by year-end

Ghana inflation seen at 10 percent by year-end

Ghana's target of bringing inflation down to 10 percent by the end of the year is achievable, deputy central bank governor Million Narh said on Monday, signalling more interest rate cuts. "Our target is for 10 percent by year-end. It is achievable," Narh
Published 31 Mar, 2010 12:00am
Ivory Coast president could delay vote for months

Ivory Coast president could delay vote for months

Weeks of chaos that followed President Laurent Gbagbo's ousting of Ivory Coast's electoral commission boss last month have enabled him to delay a poll he is unsure of winning, and left his opponents looking weaker. The vote has been repeatedly postponed s
Published 31 Mar, 2010 12:00am
Gaddafi suggests Nigeria split along ethnic lines

Gaddafi suggests Nigeria split along ethnic lines

Libyan leader Muammar Gaddafi has suggested that Nigeria be broken up into several states along ethnic lines like the former Yugoslavia, in comments likely to worsen a diplomatic spat with Africa's most populous nation. Nigeria recalled its ambassador fro
Published 31 Mar, 2010 12:00am
US sees food security as next big Africa push

US sees food security as next big Africa push

The Obama administration will put food security at the heart of its Africa policy, as it seeks to enhance ongoing US efforts on trade, investment and HIV/AIDS on the continent, a top US diplomat said. "We want to see the food security initiative take on g
Published 31 Mar, 2010 12:00am
Six Iraq election winners face ban on Baath links

Six Iraq election winners face ban on Baath links

Six candidates who won parliamentary seats at Iraq's elections face losing them just days after results were announced, the body charged with barring Saddam Hussein loyalists said on Monday. At least one of the six is a member of former prime minister Iya
Published 31 Mar, 2010 12:00am
Somalis protest against al Qaeda linked militants

Somalis protest against al Qaeda linked militants

Hundreds of women and children marched through the rubble-strewn streets of Somalia's capital to protest against al Qaeda-linked militants on Monday, officials said. The protesters, clad in white Somali traditional clothing and chanting "Down with al-Shab
Published 31 Mar, 2010 12:00am
Sweden eyes nuclear revival 30 years after ban

Sweden eyes nuclear revival 30 years after ban

Sweden's election-year push to overturn a 30-year-old ban on new nuclear reactors will test how much green concerns on atomic power still resonate in a modern European state seeking cheap and carbon-free electricity. The centre-right government on Monday
Published 31 Mar, 2010 12:00am
Afghanistan seeks arrest of former minister

Afghanistan seeks arrest of former minister

Afghan authorities have issued an arrest warrant for a former minister accused of corruption and are seeking his extradition from Britain following reports of his detention, a prosecutor said. Mohammad Siddiq Chakari, a former minister for Haj and religio
Published 31 Mar, 2010 12:00am
Man arrested for threatening senior US Republican

Man arrested for threatening senior US Republican

US authorities have arrested and charged a man with threatening to kill the No 2 Republican in the House of Representatives, Eric Cantor, and his family, according to court documents filed on Monday. Norman Leboon, 38, was accused of making the threat in
Published 31 Mar, 2010 12:00am
Dollar Libor at six-month high

Dollar Libor at six-month high

Bank-to-bank dollar funding costs rose on Tuesday, again reaching the highest in over six months as investors prepped for the Federal Reserve to eventually move to tighten monetary policy. The move higher came in contrast to that of euro funding costs, wh
Published 31 Mar, 2010 12:00am
Sterling gains

Sterling gains

Sterling gained against the euro and dollar on Tuesday as investors covered short positions after a spate of brighter UK economic data, but the outlook remained clouded by political uncertainty. Britain's economy grew 0.4 percent in the last three months
Published 31 Mar, 2010 12:00am
Indian rupee down

Indian rupee down

The Indian rupee fell on Tuesday as customary month-end dollar demand from crude refiners and a fall in local shares triggered selling in the local currency. The partially convertible rupee ended at 45.08/09 per dollar, after touching 44.88, its strongest
Published 31 Mar, 2010 12:00am
Euro trims gain in London

Euro trims gain in London

The euro hit a two-month high against the yen on Tuesday on relief that Greece was able to raise funds from the market, though gains were quickly trimmed as wider eurozone fiscal concerns weighed on sentiment. Extending its rally from last week, the euro
Published 31 Mar, 2010 12:00am
Asian bonds outperform stocks in first quarter

Asian bonds outperform stocks in first quarter

Asian dollar bonds outperformed regional stocks in the first quarter, as investors preferred the high-yield asset on views rising policy rates and China's moves to tighten liquidity will slow the equities market. Asian spreads may tighten further, as lowe
Published 31 Mar, 2010 12:00am
Asian bonds outperform stocks in first quarter

Asian bonds outperform stocks in first quarter

Asian dollar bonds outperformed regional stocks in the first quarter, as investors preferred the high-yield asset on views rising policy rates and China's moves to tighten liquidity will slow the equities market. Asian spreads may tighten further, as lowe
Published 31 Mar, 2010 12:00am
European CDS steady

European CDS steady

European corporate credit default swap spreads were steady on Tuesday, partly supported by Greece's successful bond deal plus a steady flow of new bond mandates, including from unrated commodity group Trafigura. By 1011 GMT, the investment-grade Markit iT
Published 31 Mar, 2010 12:00am
European CDS steady

European CDS steady

European corporate credit default swap spreads were steady on Tuesday, partly supported by Greece's successful bond deal plus a steady flow of new bond mandates, including from unrated commodity group Trafigura. By 1011 GMT, the investment-grade Markit iT
Published 31 Mar, 2010 12:00am
Tuesday early afternoon trade: stocks stay near break-even point

Tuesday early afternoon trade: stocks stay near break-even point

US stocks stayed near the break-even point on Tuesday as persisting worries about overseas fiscal problems offset optimism over data that underscored the view the economy was stabilising. Consumer confidence and housing data pointed to an improving econom
Published 31 Mar, 2010 12:00am
Saudi index at 17-month high

Saudi index at 17-month high

Saudi Arabia's index rose to a 17-month high on Tuesday as rising oil prices, increased US consumer spending and expectations of improved domestic first-quarter earnings bolstered sentiment. Most other Middle East markets also advanced, with Qatar edging
Published 31 Mar, 2010 12:00am
Indian shares down

Indian shares down

Indian shares snapped a four-session winning streak and closed 0.7 percent lower on Tuesday, as export-driven outsourcers fell on worries the firm rupee could squeeze their margins. The 30-share BSE Sensex closed 0.68 percent, or 121.18 points, lower at 1
Published 31 Mar, 2010 12:00am
Southeast Asian stocks mostly up

Southeast Asian stocks mostly up

Thai stocks rose on Tuesday, turning round after three days of losses as investors bought energy shares as oil firmed, but Malaysia ended flat, shrugging off the prime minister's promise of economic reforms. Other major markets in the region were little c
Published 31 Mar, 2010 12:00am
UK's top share index slips

UK's top share index slips

Britain's top share index ended 0.7 percent lower on Tuesday, dragged down by banks, which extended the previous session's losses, in thin trading ahead of the Easter break. The FTSE 100 index ended down 38.34 points at 5,672.32, having closed above the 5
Published 31 Mar, 2010 12:00am
The Weather

The Weather

The weather report on Tuesday (March 30, 2010) and the forecast for Wednesday (March 31, 2010).

Published 31 Mar, 2010 12:00am
Bangladesh recall Ashraful for World Twenty20

Bangladesh recall Ashraful for World Twenty20

Bangladesh on Tuesday recalled former captain Mohammad Ashraful for next month's World Twenty20 tournament in the Caribbean. The 25-year-old batsman, who was dropped for the recent Test and one-day series against England because of inconsistent form, was
Published 31 Mar, 2010 12:00am
Key stock and currency market movements

Key stock and currency market movements

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

Published 31 Mar, 2010 12:00am
Maradona has facial surgery after dog bite

Maradona has facial surgery after dog bite

Argen-tina's World Cup coach Diego Maradona was bitten on his face by one of his dogs and had surgery at a clinic, local media reported on Tuesday. Maradona, taken to Los Arcos clinic during the early hours, was not seriously hurt and was expected to retu
Published 31 Mar, 2010 12:00am
KSE beat CDC

KSE beat CDC

The Karachi Stock Exchange (KSE) cricket team Central Depository Company (CDC) team in a keenly contested match played under lights here at the Rashid Latif Cricket Academy ground, here on Tuesday. KSE dominated the match in all fortes of the game and won
Published 31 Mar, 2010 12:00am
Federer, Venus, Clijsters advance

Federer, Venus, Clijsters advance

Roger Federer had to dig deep to win a pair of tiebreaks but Svetlana Kuznetsova was not so lucky as the women's top seed was sent crashing out of the ATP and WTA Sony Ericsson Open on Monday. Reigning Australian Open, French Open and Wimbledon champ Fede
Published 31 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 31 Mar, 2010 12:00am
Pakistan will miss Yousuf: former players

Pakistan will miss Yousuf: former players

Former cricketers on Tuesday lamented the retirement of Mohammad Yousuf, saying Pakistan will badly miss the ace batsman if he sticks to his decision. Yousuf said Monday he was quitting international cricket to protest against a Pakistan Cricket Board (PC
Published 31 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 31 Mar, 2010 12:00am
Shoaib set to marry Sania in April

Shoaib set to marry Sania in April

Former Pakistan cricket team captain Shoaib Malik is set to marry Indian tennis star Sania Mirza, a union of two of South Asia's best known sports personalities. Shoaib and 13 members of his family have applied for Indian visa seven days ago. Indian High
Published 31 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 30, 2010).

Published 31 Mar, 2010 12:00am
Aisam leaves for Europe events

Aisam leaves for Europe events

Pakistan's tennis player Aisam-ul-Haq on Tuesday left here for Europe to participate in different international tennis events. Aisam ul Haq will appear in the doubles event of ATP Challenger in Naples, Italy this week while in the next week he will partic
Published 31 Mar, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 30, 2010).

Published 31 Mar, 2010 12:00am
NBP Football Challenge Cup from April 16

NBP Football Challenge Cup from April 16

Up to 16 teams are being called to show their mettle in 20th NBP National Football Challenge Cup (NFCC) at Multan's Qasim Bagh Stadium from April 16 to 29, 2010. Khan Research Laboratories (KRL) will defend the title in which 16 teams are participating.
Published 31 Mar, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (March 30, 2010) and for Wednesday (March 31, 2010)
Published 31 Mar, 2010 12:00am
President approves PCB Governing Board members

President approves PCB Governing Board members

President Asif Ali Zardari in his capacity as Patron of Pakistan Cricket Board (PCB) has approved appointment of Aamir Nawab Khan, President Abbottabad Regional Cricket Association and Naveed Akram Cheema as members of the PCB Governing Board.
Published 31 Mar, 2010 12:00am
PCB proposes series against South Africa in UAE

PCB proposes series against South Africa in UAE

The Pakistan Cricket Board is proposing a Test and one-day series against South Africa in the United Arab Emirates this year. PCB's chief operating officer Wasim Bari said on Tuesday that it has asked South Africa to play three tests and five one-day inte
Published 31 Mar, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 30, 2010).

Published 31 Mar, 2010 12:00am
Greek soccer bosses accuse government of 'economic blackmail'

Greek soccer bosses accuse government of 'economic blackmail'

Greek soccer bosses have accused the government of "economic blackmail" after it suspended state funding for professional football due to crowd violence. "What is needed is dialogue and not scorn of Super League and its teams who are constantly trying to
Published 31 Mar, 2010 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

While the whole focus was shifted on the Supreme Court that had enough over the government reluctance to implement its decision on the National Reconciliation Ordinance (NRO) for one pretext or the other and decided to teach a lesson to the relevant peopl
Published 31 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 30, 2010).

Published 31 Mar, 2010 12:00am
Further rise in POL prices termed anti-people step

Further rise in POL prices termed anti-people step

While accusing the government of minting billions of rupees through the sale of POL products, Jamaat-e-Islami Secretary General Liaquat Baloch has warned that any fresh raise in POL prices would be a anti-people step.
Published 31 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 30, 2010).

Published 31 Mar, 2010 12:00am
Senate passes National School of Public Policy (Amendment) Bill 2010

Senate passes National School of Public Policy (Amendment) Bill 2010

The upper house of the parliament on Tuesday passed National School of Public Policy (Amendment) Bill 2010. Advisor to the Prime Minister Nawabzada Ghazanfar Ali Gul moved the bill in Senate, which was passed with majority votes. The Bill is aimed at shif
Published 31 Mar, 2010 12:00am
Senate passes National School of Public Policy (Amendment) Bill 2010

Senate passes National School of Public Policy (Amendment) Bill 2010

The upper house of the parliament on Tuesday passed National School of Public Policy (Amendment) Bill 2010. Advisor to the Prime Minister Nawabzada Ghazanfar Ali Gul moved the bill in Senate, which was passed with majority votes. The Bill is aimed at shif
Published 31 Mar, 2010 12:00am
THE RUPEE: dollar fluctuates

THE RUPEE: dollar fluctuates

The rupee showed mixed trend versus dollar on the local currency market on Tuesday amid increased demand for the greenback, experts said. On the interbank market the rupee gave up firmness in terms of dollar, losing 10 paisa for buying at 83.98 and losing
Published 31 Mar, 2010 12:00am
Three private members' bills moved in National Assembly for amendments

Three private members' bills moved in National Assembly for amendments

Three private members bills were moved in the National Assembly for amendments and were later on referred to concerned Standing Committees. Pakistan Private Hospitals, Clinics and other Private Healthcare Units Regulatory Authority Bill, 2010, Foreigners
Published 31 Mar, 2010 12:00am
THE RUPEE: dollar fluctuates

THE RUPEE: dollar fluctuates

The rupee showed mixed trend versus dollar on the local currency market on Tuesday amid increased demand for the greenback, experts said. On the interbank market the rupee gave up firmness in terms of dollar, losing 10 paisa for buying at 83.98 and losing
Published 31 Mar, 2010 12:00am
Correction

Correction

This erratum is to rectify the SECP's previous publication dated March 6, 2010 in "Business Recorder" wherein the name of Standard Insurance Company Limited was printed erroneously in the list of companies under winding up proceedings. In this regard, the
Published 31 Mar, 2010 12:00am
Performance of PHP reviewed

Performance of PHP reviewed

A high level meeting to review the performance of Punjab Highway Patrol (PHP) under the chairmanship of Additional IG/PHP Mohammad Wasim was held in the Central Police Office here on Tuesday. The additional IG/PHP emphasised on the participants to take ef
Published 31 Mar, 2010 12:00am
ACE academy commemorates Pakistan Day

ACE academy commemorates Pakistan Day

ACE International Academy commemorated Pakistan Day in Bahria Town with great zeal and vigour. The day began with a ceremonial march conducted by the school's drill platoon. The platoon comprised academy students who marched with high pride to show their
Published 31 Mar, 2010 12:00am
Sania Mirza's family gets Pakistani visa

Sania Mirza's family gets Pakistani visa

Sania's mother Nasim Mirza on Tuesday said that her family has been given visa by the Pakistan High Commission (PHC) and they would soon visit Pakistan. Talking to an Indian news channel she said the PHC in India has issued visa to the Indian tennis star
Published 31 Mar, 2010 12:00am
ERU recommends autonomous board for PPRA

ERU recommends autonomous board for PPRA

The Economic Reform Unit (ERU) of the Finance Division has strongly recommended a reconstituted autonomous board with appropriate private sector participation for Public Procurement Regulatory Authority (PPRA). It is learnt on Tuesday that the ERU of the
Published 31 Mar, 2010 12:00am
Comsats Executive Director visits China

Comsats Executive Director visits China

Executive Director of the Commission on Science and Technology for Sustainable Development in the South (Comsats), Dr Imtinan Elahi Qureshi visited People's Republic of China from 22nd to 26th March. The main agenda was related to stronger participation o
Published 31 Mar, 2010 12:00am
Pakistan-India water talks badly fail

Pakistan-India water talks badly fail

Pakistani and Indian officials badly failed to iron out differences over the water disputes on third and final day of the talks here on Tuesday. Pakistan's Indus Water Commissioner Jamaat Ali Shah said, "If India fails to resolve our reservations regardin
Published 31 Mar, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (March 30, 2010).

Published 31 Mar, 2010 12:00am
New York cotton futures ends down

New York cotton futures ends down

Cotton futures closed lower on Tuesday, pressured by a rise in the dollar, but prices held above the recent range low as many players were on hold for the long-awaited USDA report on planting intentions, traders said. Benchmark May cotton contract finishe
Published 31 Mar, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (March 30, 2010)

Published 31 Mar, 2010 12:00am
Liffe sugar climbs

Liffe sugar climbs

May white sugar ended $16.00 higher at $519.00 per tonne on Tuesday. Market extended its rebound from last week's eight-month low of $463.40, boosted by a weaker dollar and talk of buying by Iraq and Sudan. May robusta coffee ended $15 lower at $1,356 per
Published 31 Mar, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (March 30, 2010)

Published 31 Mar, 2010 12:00am
Copper at 19-month high

Copper at 19-month high

Copper hit a 19-month high on Tuesday on earlier gains by the euro and a rise in risk appetite but the market was waiting for further evidence of demand recovery to support the rally. Benchmark copper for three-month delivery on the London Metal Exchange
Published 31 Mar, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (March 30, 2010)

Published 31 Mar, 2010 12:00am
Oil rises slightly

Oil rises slightly

Oil rose slightly on Tuesday as bright US economic data spurred optimism about recovery in the world's largest energy consumer, overcoming pressure from a stronger dollar. Ahead of a holiday-shortened weekend, traders were also positioning before weekly U
Published 31 Mar, 2010 12:00am
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