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Print - 2010-04-04
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (March 01 to 31, 2010)

Published 04 Apr, 2010 12:00am
Qureshi briefed about Singh's visit to Saudi Arabia

Qureshi briefed about Singh's visit to Saudi Arabia

Foreign Minister Makhdoom Shah Mahmood Qureshi and Saudi Foreign Minister Saud Al-Faisal held a meeting in Jeddah Saturday and discussed bilateral relations and regional and international issues. At the invitation of Saudi Foreign Minister Saud Al-Faisal,
Published 04 Apr, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Canadian bonds higher

Canadian bonds higher

Canadian bond prices were flat to higher across the curve on Friday, outperforming US Treasury market, as investors waited for Friday's US jobs report and largely looked past Thursday's stronger than expected US data. "It's important to emphasise how smal
Published 04 Apr, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (April 03, 2010) and for Sunday (April 04, 2010)
Published 04 Apr, 2010 12:00am
Hefty job gain slaps US Treasury dips

Hefty job gain slaps US Treasury dips

US Treasury prices sagged on Friday with benchmark yields reaching their highest in 9-1/2 months after a government report showed job growth surged to its strongest in almost three years. The March payrolls data stoked concerns over inflation and whether
Published 04 Apr, 2010 12:00am
India denies allegations of stealing Pakistani water

India denies allegations of stealing Pakistani water

Indian High Commissioner to Pakistan Sharat Sabharwal on Saturday refuted allegations of stealing water and waging a 'water war' on Pakistan. Indus Waters Treaty of 1960 is an example of "mutually beneficial co-operation between India and Pakistan for las
Published 04 Apr, 2010 12:00am
Hefty job gain slaps US Treasury dips

Hefty job gain slaps US Treasury dips

US Treasury prices sagged on Friday with benchmark yields reaching their highest in 9-1/2 months after a government report showed job growth surged to its strongest in almost three years. The March payrolls data stoked concerns over inflation and whether
Published 04 Apr, 2010 12:00am
India denies allegations of stealing Pakistani water

India denies allegations of stealing Pakistani water

Indian High Commissioner to Pakistan Sharat Sabharwal on Saturday refuted allegations of stealing water and waging a 'water war' on Pakistan. Indus Waters Treaty of 1960 is an example of "mutually beneficial co-operation between India and Pakistan for las
Published 04 Apr, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
India denies allegations of stealing Pakistani water

India denies allegations of stealing Pakistani water

Indian High Commissioner to Pakistan Sharat Sabharwal on Saturday refuted allegations of stealing water and waging a 'water war' on Pakistan. Indus Waters Treaty of 1960 is an example of "mutually beneficial co-operation between India and Pakistan for las
Published 04 Apr, 2010 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
MoF ensures fiscal discipline

MoF ensures fiscal discipline

With a view to improve financial discipline and streamline the management of public accounts, the Ministry of Finance has decided to restrict the validity of cheques up to three months or 30th June whichever is earlier.
Published 04 Apr, 2010 12:00am
US corporate bond spreads tighten

US corporate bond spreads tighten

US corporate bond spreads tightened on Thursday after robust economic data bolstered sentiment, but the market's underlying tone remained cautious ahead of Friday's much-anticipated monthly jobs report. The strongest manufacturing data in more than five y
Published 04 Apr, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
MoF ensures fiscal discipline

MoF ensures fiscal discipline

With a view to improve financial discipline and streamline the management of public accounts, the Ministry of Finance has decided to restrict the validity of cheques up to three months or 30th June whichever is earlier.
Published 04 Apr, 2010 12:00am
US corporate bond spreads tighten

US corporate bond spreads tighten

US corporate bond spreads tightened on Thursday after robust economic data bolstered sentiment, but the market's underlying tone remained cautious ahead of Friday's much-anticipated monthly jobs report. The strongest manufacturing data in more than five y
Published 04 Apr, 2010 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
MoF ensures fiscal discipline

MoF ensures fiscal discipline

With a view to improve financial discipline and streamline the management of public accounts, the Ministry of Finance has decided to restrict the validity of cheques up to three months or 30th June whichever is earlier.
Published 04 Apr, 2010 12:00am
Thai yields ease on inflation; Malaysian little changed

Thai yields ease on inflation; Malaysian little changed

Thai government bond yields eased further on Friday after lower-than-forecast March inflation and on expectations of smaller issuance in the third quarter. Thailand's benchmark five-year bond yield slipped one to two basis points to 3.49-3.50 percent in a
Published 04 Apr, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Massive misuse of USAS by 20 sectors

Massive misuse of USAS by 20 sectors

Most of the companies and corporate entities in 20 major sectors declared losses, or nil income, reflecting massive misuse of Universal Self-Assessment Scheme (USAS) by the most documented sectors of economy during first half of 2009-10.
Published 04 Apr, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Thai yields ease on inflation; Malaysian little changed

Thai yields ease on inflation; Malaysian little changed

Thai government bond yields eased further on Friday after lower-than-forecast March inflation and on expectations of smaller issuance in the third quarter. Thailand's benchmark five-year bond yield slipped one to two basis points to 3.49-3.50 percent in a
Published 04 Apr, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Massive misuse of USAS by 20 sectors

Massive misuse of USAS by 20 sectors

Most of the companies and corporate entities in 20 major sectors declared losses, or nil income, reflecting massive misuse of Universal Self-Assessment Scheme (USAS) by the most documented sectors of economy during first half of 2009-10.
Published 04 Apr, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
French 8.4 billion bond sale draws strong bids

French 8.4 billion bond sale draws strong bids

Investors showed strong appetite for highly-rated government debt at a French bond auction on Thursday against a backdrop of persistent concern about Greece's ability to finance its debt after its poor bond sales this week. The French sale of 8.4 billion
Published 04 Apr, 2010 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Massive misuse of USAS by 20 sectors

Massive misuse of USAS by 20 sectors

Most of the companies and corporate entities in 20 major sectors declared losses, or nil income, reflecting massive misuse of Universal Self-Assessment Scheme (USAS) by the most documented sectors of economy during first half of 2009-10.
Published 04 Apr, 2010 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
French 8.4 billion bond sale draws strong bids

French 8.4 billion bond sale draws strong bids

Investors showed strong appetite for highly-rated government debt at a French bond auction on Thursday against a backdrop of persistent concern about Greece's ability to finance its debt after its poor bond sales this week. The French sale of 8.4 billion
Published 04 Apr, 2010 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Freight forwarders: FBR penalises five banks for concealing record

Freight forwarders: FBR penalises five banks for concealing record

Federal Board of Revenue (FBR) has finally penalised some five major banks on the charge of concealing records of some 333 freight forwarders involved in remitting around $920 million to their parent companies during last six years without paying a single
Published 04 Apr, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Barnes & Noble must "improve its corporate governance"

Barnes & Noble must "improve its corporate governance"

Billionaire investor Ron Burkle and his Yucaipa American Management fund is pressing top US bookseller Barnes & Noble Inc to add three to four new independent directors to the board. In a filing with the US Securities & Exchange Commission disclosed on We
Published 04 Apr, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Freight forwarders: FBR penalises five banks for concealing record

Freight forwarders: FBR penalises five banks for concealing record

Federal Board of Revenue (FBR) has finally penalised some five major banks on the charge of concealing records of some 333 freight forwarders involved in remitting around $920 million to their parent companies during last six years without paying a single
Published 04 Apr, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
US Treasury recoups bail-out $181 billion

US Treasury recoups bail-out $181 billion

The US government has recouped 181 billion dollars of its bail-out money so far, according to an update on recent paybacks released by the Treasury Department. Recent paybacks included 3.4 billion dollars from the Hartford Financial Services Group Inc, wh
Published 04 Apr, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
US Treasury recoups bail-out $181 billion

US Treasury recoups bail-out $181 billion

The US government has recouped 181 billion dollars of its bail-out money so far, according to an update on recent paybacks released by the Treasury Department. Recent paybacks included 3.4 billion dollars from the Hartford Financial Services Group Inc, wh
Published 04 Apr, 2010 12:00am
Freight forwarders: FBR penalises five banks for concealing record

Freight forwarders: FBR penalises five banks for concealing record

Federal Board of Revenue (FBR) has finally penalised some five major banks on the charge of concealing records of some 333 freight forwarders involved in remitting around $920 million to their parent companies during last six years without paying a single
Published 04 Apr, 2010 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rates moved both ways on the local currency market on Saturday in process of trading, experts said. On the interbank market the rupee limited its decline against dollar, losing three paisa at 84.43 for buying and one paisa for selling at 84.46, they s
Published 04 Apr, 2010 12:00am
Japan unveils humanoid robot that laughs and smiles

Japan unveils humanoid robot that laughs and smiles

Japanese researchers said Saturday they have developed a humanoid robot that can laugh and smile as it mimics a person's facial expressions. The robot, Geminoid TMF, can move its rubber facial skin to imitate a smile, a laugh showing teeth, and a grim loo
Published 04 Apr, 2010 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rates moved both ways on the local currency market on Saturday in process of trading, experts said. On the interbank market the rupee limited its decline against dollar, losing three paisa at 84.43 for buying and one paisa for selling at 84.46, they s
Published 04 Apr, 2010 12:00am
Greek Prime Minister calls for end to cronyism, keeps support

Greek Prime Minister calls for end to cronyism, keeps support

The worst of Greece's financial crisis is over but the debt-stricken country must tackle cronyism and cut back on waste to emerge a stronger nation, Prime Minister George Papandreou said. His government has introduced austerity measures and won a financia
Published 04 Apr, 2010 12:00am
China provides Indonesia with infrastructure loans

China provides Indonesia with infrastructure loans

China has agreed to lend at least $1.8 billion in soft loans to Indonesia as part of its free trade agreement with the 10-member Association of South East Asian Nations (ASEAN), a minister said on Saturday.
Published 04 Apr, 2010 12:00am
18.7 percent increase in WHT collection

18.7 percent increase in WHT collection

The major revenue spinners of withholding tax (WHT) during first half of 2009-10 were contracts and supplies, imports, salaries, telephone, exports, bank interest, electricity, cash withdrawals and dividends. The FBR quarterly review, issued on Saturday,
Published 04 Apr, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Oman Air raises capital, sees tough year ahead

Oman Air raises capital, sees tough year ahead

State-run Oman Air has raised its capital by 67 percent to $1.3 billion and plans to add new destinations, while its CEO said 2010 was expected to be a difficult year for the airline and the whole industry. "Looking forward to 2010, I am under no illusion
Published 04 Apr, 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 (April 03, 2010).

Published 04 Apr, 2010 12:00am
China promises cooperation in development of energy sector

China promises cooperation in development of energy sector

China has promised Pakistan complete co-operation in the development of energy sector, particularly in the field of oil and gas exploration, its related services and coal processing. The assurance was given when a 5-member Pakistani delegation led by Depu
Published 04 Apr, 2010 12:00am
UK's Mandelson attacks Barclays chief over pay

UK's Mandelson attacks Barclays chief over pay

British Business Secretary Peter Mandelson on Saturday called the president of Barclays bank the "unacceptable face of banking" in an unusually personal attack ahead of an imminent national election. Mandelson told the Times newspaper that Bob Diamond, he
Published 04 Apr, 2010 12:00am
China promises cooperation in development of energy sector

China promises cooperation in development of energy sector

China has promised Pakistan complete co-operation in the development of energy sector, particularly in the field of oil and gas exploration, its related services and coal processing. The assurance was given when a 5-member Pakistani delegation led by Depu
Published 04 Apr, 2010 12:00am
Bangladesh shuts fertiliser factories for lack of gas

Bangladesh shuts fertiliser factories for lack of gas

Bangladesh shut five fertiliser factories on Saturday to save nearly 250 million cubic feet (mmcft) of natural gas a day in the face of acute electricity shortages, a senior official said. "The gas will be diverted to different power plants to produce mor
Published 04 Apr, 2010 12:00am
China promises cooperation in development of energy sector

China promises cooperation in development of energy sector

China has promised Pakistan complete co-operation in the development of energy sector, particularly in the field of oil and gas exploration, its related services and coal processing. The assurance was given when a 5-member Pakistani delegation led by Depu
Published 04 Apr, 2010 12:00am
Much hyped iPad hits the market

Much hyped iPad hits the market

Apple's heavily hyped iPad went on sale Saturday in the United States with excited customers crowding to get their hands on what some see as a major new step in the digital revolution. The Apple flagship store in New York greeted hundreds of people who ha
Published 04 Apr, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Japan asks China to make wise decision on yuan

Japan asks China to make wise decision on yuan

Japan's Finance Minister said on Saturday he told Chinese Premier Wen Jiabao he expects China to make a wise decision about its yuan currency amid international pressure for China to let it strengthen. "The issue of the yuan, currencies and excess liquidi
Published 04 Apr, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (April 03, 2010).
Published 04 Apr, 2010 12:00am
18.7 percent increase in WHT collection

18.7 percent increase in WHT collection

The major revenue spinners of withholding tax (WHT) during first half of 2009-10 were contracts and supplies, imports, salaries, telephone, exports, bank interest, electricity, cash withdrawals and dividends. The FBR quarterly review, issued on Saturday,
Published 04 Apr, 2010 12:00am
Too soon for exit from stimulus steps: Japan

Too soon for exit from stimulus steps: Japan

Japanese Finance Minister Naoto Kan said on Saturday he told China that Japan cannot yet embark on an exit strategy from stimulus measures adopted in the wake of the financial crisis. Speaking at a news conference after financial dialogue talks in Beijing
Published 04 Apr, 2010 12:00am
Bill buying rates per unit of currency

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 Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
18.7 percent increase in WHT collection

18.7 percent increase in WHT collection

The major revenue spinners of withholding tax (WHT) during first half of 2009-10 were contracts and supplies, imports, salaries, telephone, exports, bank interest, electricity, cash withdrawals and dividends. The FBR quarterly review, issued on Saturday,
Published 04 Apr, 2010 12:00am
Two jailed Chinese Rio TINTO brstoriesstaff to appeal: lawyers

Two jailed Chinese Rio TINTO brstoriesstaff to appeal: lawyers

Two Chinese Rio TINTO brstoriesemployees jailed for stealing trade secrets and pocketing millions in bribes have decided to appeal, their lawyers said Saturday. Wang Yong and Liu Caikui will appeal against their jail terms of 14 and seven years respective
Published 04 Apr, 2010 12:00am
ST on imports declines during first half of 2010

ST on imports declines during first half of 2010

The share of sales tax on imports in total sales tax collection has come down from 48 percent in the first half of 2008-09 to 45 percent in July-December 2009-10. The FBR quarterly report, issued on Saturday, said that collection of sales tax on imports g
Published 04 Apr, 2010 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
ST on imports declines during first half of 2010

ST on imports declines during first half of 2010

The share of sales tax on imports in total sales tax collection has come down from 48 percent in the first half of 2008-09 to 45 percent in July-December 2009-10. The FBR quarterly report, issued on Saturday, said that collection of sales tax on imports g
Published 04 Apr, 2010 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
ST on imports declines during first half of 2010

ST on imports declines during first half of 2010

The share of sales tax on imports in total sales tax collection has come down from 48 percent in the first half of 2008-09 to 45 percent in July-December 2009-10. The FBR quarterly report, issued on Saturday, said that collection of sales tax on imports g
Published 04 Apr, 2010 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (April 03, 2010).

Published 04 Apr, 2010 12:00am
Thousands strike for pay at factory in Vietnam

Thousands strike for pay at factory in Vietnam

Thousands of workers went on strike on Friday at a Taiwanese-owned shoe factory in southern Vietnam, demanding better pay and benefits, state-run newspapers reported. Some hurled shrimp paste sauce and splashed pig's blood on workers who were not particip
Published 04 Apr, 2010 12:00am