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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-04-09
Government decides to export two million tons of wheat

Government decides to export two million tons of wheat

The government has decided to export 2 million tons of wheat and constituted a Committee headed by Advisor to Prime Minister on Finance Dr Abdul Hafeez Sheikh to explore viable options in the wake of declining wheat price in the international market, sour
Published 09 Apr, 2010 12:00am
Bank of Italy blocks issue of American Express credit cards

Bank of Italy blocks issue of American Express credit cards

The Bank of Italy said Thursday it has blocked the issue of American Express credit cards because the company failed to respect regulations on late fee payments and money laundering. "The Bank of Italy passed a measure to suspend the issue of new American
Published 09 Apr, 2010 12:00am
Bank of Italy blocks issue of American Express credit cards

Bank of Italy blocks issue of American Express credit cards

The Bank of Italy said Thursday it has blocked the issue of American Express credit cards because the company failed to respect regulations on late fee payments and money laundering. "The Bank of Italy passed a measure to suspend the issue of new American
Published 09 Apr, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (April 08, 2010).
Published 09 Apr, 2010 12:00am
Bank of Italy blocks issue of American Express credit cards

Bank of Italy blocks issue of American Express credit cards

The Bank of Italy said Thursday it has blocked the issue of American Express credit cards because the company failed to respect regulations on late fee payments and money laundering. "The Bank of Italy passed a measure to suspend the issue of new American
Published 09 Apr, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (April 08, 2010).

Published 09 Apr, 2010 12:00am
PSO board to consider LPG outsourcing contract today

PSO board to consider LPG outsourcing contract today

Pakistan State Oil's (PSO) Board of Management (BoM) is holding a meeting in Islamabad on Friday (today) to discuss a one-point agenda: LPG outsourcing contract, well-informed sources told Business Recorder. "We are facing a catch 22 situation in t
Published 09 Apr, 2010 12:00am
PSO board to consider LPG outsourcing contract today

PSO board to consider LPG outsourcing contract today

Pakistan State Oil's (PSO) Board of Management (BoM) is holding a meeting in Islamabad on Friday (today) to discuss a one-point agenda: LPG outsourcing contract, well-informed sources told Business Recorder. "We are facing a catch 22 situation in t
Published 09 Apr, 2010 12:00am
PSO board to consider LPG outsourcing contract today

PSO board to consider LPG outsourcing contract today

Pakistan State Oil''s (PSO) Board of Management (BoM) is holding a meeting in Islamabad on Friday (today) to discuss a one-point agenda: LPG outsourcing contract, well-informed sources told Business Recorder. "We are facing a catch 22 situation in
Published 09 Apr, 2010 12:00am
Government decides to export two million tons of wheat

Government decides to export two million tons of wheat

The government has decided to export 2 million tons of wheat and constituted a Committee headed by Advisor to Prime Minister on Finance Dr Abdul Hafeez Sheikh to explore viable options in the wake of declining wheat price in the international market, sour
Published 09 Apr, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (April 08, 2010).

Published 09 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 Thursday (April 08, 2010).

Published 09 Apr, 2010 12:00am
Government decides to export two million tons of wheat

Government decides to export two million tons of wheat

The government has decided to export 2 million tons of wheat and constituted a Committee headed by Advisor to Prime Minister on Finance Dr Abdul Hafeez Sheikh to explore viable options in the wake of declining wheat price in the international market, sour
Published 09 Apr, 2010 12:00am
Index gains 10.56 points

Index gains 10.56 points

After witnessing a mixed trend, the KSE-100 index closed at 10,533.57 with a net gain of 10.56 points. The market on Thursday opened on a positive note and the index hit 10,594.57 points intra-day high level, up 71.56 points. However, investors opted for
Published 09 Apr, 2010 12:00am
Index gains 10.56 points

Index gains 10.56 points

After witnessing a mixed trend, the KSE-100 index closed at 10,533.57 with a net gain of 10.56 points. The market on Thursday opened on a positive note and the index hit 10,594.57 points intra-day high level, up 71.56 points. However, investors opted for
Published 09 Apr, 2010 12:00am
Index gains 10.56 points

Index gains 10.56 points

After witnessing a mixed trend, the KSE-100 index closed at 10,533.57 with a net gain of 10.56 points. The market on Thursday opened on a positive note and the index hit 10,594.57 points intra-day high level, up 71.56 points. However, investors opted for
Published 09 Apr, 2010 12:00am
BRIndex30 up by 33.88 points

BRIndex30 up by 33.88 points

On Thursday, BRIndex30 touched an intraday high of 8,897.01 and an intraday low of 8,862.06 and closed at 8,897.01, which is 33.88 points or 0.38 percent higher than yesterday's close. Total volume was 155,077,736, as compared to volumes of KSE All Share
Published 09 Apr, 2010 12:00am
BRIndex30 up by 33.88 points

BRIndex30 up by 33.88 points

On Thursday, BRIndex30 touched an intraday high of 8,897.01 and an intraday low of 8,862.06 and closed at 8,897.01, which is 33.88 points or 0.38 percent higher than yesterday's close. Total volume was 155,077,736, as compared to volumes of KSE All Share
Published 09 Apr, 2010 12:00am
Barclays bid rates and maximum rates for payment of interest

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 09 Apr, 2010 12:00am
The role of stock exchange in the economic development of Pakistan

The role of stock exchange in the economic development of Pakistan

The role of the stock market is to raise long-term funds for corporations (primary market) while providing a platform for the trading of securities (secondary market). Stock exchanges encourage investment through pooling of resources, enabling corporation
Published 09 Apr, 2010 12:00am
Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

The Finance Ministry has reportedly refused to exempt PHPL Term Finance Certificates (TFCs) - issued to settle the persistent energy sector circular debt - valued at Rs 85.114 billion from stamp duty, official sources told Business Recorder.
Published 09 Apr, 2010 12:00am
Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

The Finance Ministry has reportedly refused to exempt PHPL Term Finance Certificates (TFCs) - issued to settle the persistent energy sector circular debt - valued at Rs 85.114 billion from stamp duty, official sources told Business Recorder.
Published 09 Apr, 2010 12:00am
Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

The Finance Ministry has reportedly refused to exempt PHPL Term Finance Certificates (TFCs) - issued to settle the persistent energy sector circular debt - valued at Rs 85.114 billion from stamp duty, official sources told Business Recorder.
Published 09 Apr, 2010 12:00am
New York cotton

New York cotton

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

Published 09 Apr, 2010 12:00am
Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

Rs 85.114 billion PHPL TFCs: MoF refuses to grant stamp duty waiver

The Finance Ministry has reportedly refused to exempt PHPL Term Finance Certificates (TFCs) - issued to settle the persistent energy sector circular debt - valued at Rs 85.114 billion from stamp duty, official sources told Business Recorder.
Published 09 Apr, 2010 12:00am
New York cotton

New York cotton

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

Published 09 Apr, 2010 12:00am
Ministry refuses to pay compensatory rebate to spinners

Ministry refuses to pay compensatory rebate to spinners

The Ministry of Textile Industry has refused to pay the two percent compensatory rebate to the spinners on local sale in lieu of the quota restriction on the export of cotton yarn, as committed by the then Finance Minister at the time of imposition of quo
Published 09 Apr, 2010 12:00am
Ministry refuses to pay compensatory rebate to spinners

Ministry refuses to pay compensatory rebate to spinners

The Ministry of Textile Industry has refused to pay the two percent compensatory rebate to the spinners on local sale in lieu of the quota restriction on the export of cotton yarn, as committed by the then Finance Minister at the time of imposition of quo
Published 09 Apr, 2010 12:00am
State Bank of Pakistan conversion rates

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 09 Apr, 2010 12:00am
Ministry refuses to pay compensatory rebate to spinners

Ministry refuses to pay compensatory rebate to spinners

The Ministry of Textile Industry has refused to pay the two percent compensatory rebate to the spinners on local sale in lieu of the quota restriction on the export of cotton yarn, as committed by the then Finance Minister at the time of imposition of quo
Published 09 Apr, 2010 12:00am
Obama and Medvedev sign disarmament treaty

Obama and Medvedev sign disarmament treaty

The United States and Russia signed a landmark disarmament treaty on Thursday they hope will herald better bilateral ties and raise pressure on countries seeking nuclear weapons to renounce such ambitions. Presidents Barack Obama and Dmitry Medvedev signe
Published 09 Apr, 2010 12:00am
Climate talks could pick up from failed summit

Climate talks could pick up from failed summit

Climate change negotiators convening this weekend are hoping to renew momentum on a new global warming treaty after setbacks at the Copenhagen summit four months ago but the talks could easily turn into a round of recriminations. Delegates from 175 countr
Published 09 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 Thursday (April 08, 2010).

Published 09 Apr, 2010 12:00am
Climate talks could pick up from failed summit

Climate talks could pick up from failed summit

Climate change negotiators convening this weekend are hoping to renew momentum on a new global warming treaty after setbacks at the Copenhagen summit four months ago but the talks could easily turn into a round of recriminations. Delegates from 175 countr
Published 09 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 Thursday (April 08, 2010).

Published 09 Apr, 2010 12:00am
Six indicted in alleged $102 million scheme to defraud USDA

Six indicted in alleged $102 million scheme to defraud USDA

Six people have been indicted in an alleged scheme to defraud the United States Department of Agriculture (USDA) of $102 million, the US Department of Justice said on Thursday. The alleged scheme centers on the export of agricultural commodities to Mexico
Published 09 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 Thursday (April 08, 2010).

Published 09 Apr, 2010 12:00am
Six indicted in alleged $102 million scheme to defraud USDA

Six indicted in alleged $102 million scheme to defraud USDA

Six people have been indicted in an alleged scheme to defraud the United States Department of Agriculture (USDA) of $102 million, the US Department of Justice said on Thursday. The alleged scheme centers on the export of agricultural commodities to Mexico
Published 09 Apr, 2010 12:00am
Six indicted in alleged $102 million scheme to defraud USDA

Six indicted in alleged $102 million scheme to defraud USDA

Six people have been indicted in an alleged scheme to defraud the United States Department of Agriculture (USDA) of $102 million, the US Department of Justice said on Thursday. The alleged scheme centers on the export of agricultural commodities to Mexico
Published 09 Apr, 2010 12:00am
Three Major Generals promoted

Three Major Generals promoted

Three Major-Generals of Pakistan Army have been promoted to the rank of Lieutenant Generals on Thursday, a private TV channel reported. According to the channel, they are Major Generals Haroon Aslam, Mohammad Arshad Mehmood and Waheed Arshad.
Published 09 Apr, 2010 12:00am
Three Major Generals promoted

Three Major Generals promoted

Three Major-Generals of Pakistan Army have been promoted to the rank of Lieutenant Generals on Thursday, a private TV channel reported. According to the channel, they are Major Generals Haroon Aslam, Mohammad Arshad Mehmood and Waheed Arshad.
Published 09 Apr, 2010 12:00am
Dollar/yuan NDFs drop

Dollar/yuan NDFs drop

Dollar/yuan three-month non-deliverable forwards (NDFs) fell to their lowest since July 2008, implying yuan appreciation of more than 1 percent, after the New York Times reported China was close to announcing a currency policy shift. The drop was replicat
Published 09 Apr, 2010 12:00am
Controversy on VAT

Controversy on VAT

Former Attorney General Makhdoom Ali Khan has been engaged by the Sindh government to provide advice with respect to the federal government's decision to levy an integrated Value Added Tax (VAT), effective 1 July 2010 - integration referring to VAT on goo
Published 09 Apr, 2010 12:00am
Summer of discontent in Hazara

Summer of discontent in Hazara

The entire Hazara Division is in ferment for the last one week or so, as the "Khyber-Pakhtoonkhwa Na-Manzoor" movement gathers momentum. It attained a kind of climax on Wednesday, when life in the region's principal town, Abbottabad, was completely paraly
Published 09 Apr, 2010 12:00am
Taxing 'agricultural income' qua Constitution

Taxing 'agricultural income' qua Constitution

Taxation of "agricultural income" is the sole prerogative of provincial governments under the 1973 Constitution of Pakistan ("the Constitution"). The laws (sic), enacted by all the four provinces for taxing this income, are unconstitutional, framed in utt
Published 09 Apr, 2010 12:00am
A bill of hopes and rights

A bill of hopes and rights

Democracy wins at last and the day of Friday, April 2, 2010, would be written in golden words in the parliamentary history of the country as it is for the first time since 1973 Constitution was framed that the prime minister would be getting unprecedented
Published 09 Apr, 2010 12:00am
Pakistan's nuclear arsenal is safe under Strategic Plans Division

Pakistan's nuclear arsenal is safe under Strategic Plans Division

Alarm bells rang around the world early last year as the Taliban reached within 100 kilometres of Islamabad, triggering fears about the safety of Pakistan's estimated 100 nuclear weapons. Moving quickly to defend their capital, thousands of Pakistani troo
Published 09 Apr, 2010 12:00am
Zardari's address

Zardari's address

President Asif Ali Zardari's address to Parliament on April 5 was in English. Because of this, a majority of people in Pakistan were not able to understand the speech. The President should have given his speech in Urdu so that a lot of people could have u
Published 09 Apr, 2010 12:00am
The curse of bribery

The curse of bribery

The menace of bribery has taken roots in the culture. This giant monster has attained the shape of an ascending industry, which has enhanced the corruption rate in our social life. It has grown up as a cancer disease. It is an impact of ken desire for mat
Published 09 Apr, 2010 12:00am
'Government formulating Anti-Narcotics Policy 2010'

'Government formulating Anti-Narcotics Policy 2010'

Minister of State for Narcotics Control Arbab Muhammad Zahir has said international support is required to meet the challenges in narcotics control. The minister held a meeting with David T. Johnson, Assistant Secretary, Bureau of International Narcotics
Published 09 Apr, 2010 12:00am
MCCI to give 'Best Achievement Awards'

MCCI to give 'Best Achievement Awards'

Multan Chamber of Commerce & Industry (MCCI) has decided to award "Best Achievement Awards" to the people from South Punjab, who have rendered outstanding services in different trades to acknowledge their services. Presiding over a meeting of presidents o
Published 09 Apr, 2010 12:00am
DCO inspects wheat godowns

DCO inspects wheat godowns

The plinths for the storage of wheat at open places should be completed well in time before the start of wheat procurement campaign, which is going to start from April 20. These instructions were issued by DCO Saeed Wahlah while inspecting the wheat godow
Published 09 Apr, 2010 12:00am
18th amendment: media urged to monitor true implementation

18th amendment: media urged to monitor true implementation

Minister for Overseas Pakistanis Dr Muhammad Farooq Sattar on Thursday urged the media to monitor true implementation of the 18th amendment bill after it is passed from the Parliament. Talking to media, he said it was need of the hour that the 18th amendm
Published 09 Apr, 2010 12:00am
Government doctors go on indefinite pen-down strike

Government doctors go on indefinite pen-down strike

Doctors working in state-run hospitals and subordinate BHUs and RHCs, including dispensaries across Azad Jammu and Kashmir (AJK) Thursday went on indefinite pen-down strike to press the AJK government for early acceptance of their long cherished demands.
Published 09 Apr, 2010 12:00am
All Pakistan Naat Competition today

All Pakistan Naat Competition today

Pakistan Naat Council will hold 2nd contest of the series in connection with 'All Pakistan Naat Competition' on Friday (today). This was announced at a Central Executive Meeting of Pakistan Naat Council held under the chairmanship of Mian Abdul Qayyum Tar
Published 09 Apr, 2010 12:00am
UK government urged to adopt alternatives to body scanners

UK government urged to adopt alternatives to body scanners

British Muslim lawmaker Lord Nazir Ahmed has urged the UK authorities to find alternative methods for screening passengers instead of the body scanners which has raised objections from various faith communities. In his letter addressed to the British Home
Published 09 Apr, 2010 12:00am
SNGPL computerises its entire system

SNGPL computerises its entire system

In an effort to modernise its working pattern and efficiently address consumers' complaints, the Sui Northern Gas Pipelines Limited (SNGPL) has computerised its entire system.
Published 09 Apr, 2010 12:00am
'Hazara community supports Khyber Pakhtunkhwa'

'Hazara community supports Khyber Pakhtunkhwa'

NWFP Information Minister and ANP leader Mian Iftikhar Hussain has said that a large number of people in Hazara support Khyber-Pakhtunkhwa. Talking to VoA, he said the Hazara community is concerned over renaming of NWFP into Khyber-Pakhtunkhwa. However, i
Published 09 Apr, 2010 12:00am
Jobs given to youths on chief minister's directive: minister

Jobs given to youths on chief minister's directive: minister

The Provincial Minister for Works and Services, Manzoor Hussain Wassan, has said that it is a good step if number of ministries in the provincial cabinet are reducing under the 18th Amendment. He said it was for the first time in the history of Pakistan t
Published 09 Apr, 2010 12:00am
'7.5 million tons of wheat to be procured this year'

'7.5 million tons of wheat to be procured this year'

Federal Minister for Food and Agriculture Nazar Muhammad Gondal said on Thursday the government would continue to support the farmers and had set the target of 7.5 million tons of wheat to be procured this year. Talking to a private news channel, he said
Published 09 Apr, 2010 12:00am
Sharmila calls for establishment of modern food testing laboratory

Sharmila calls for establishment of modern food testing laboratory

The Adviser to Chief Minister Sindh, Sharmila Faruqui has stressed on the establishment of a modern food-testing laboratory and re-activating the existing check and balance system to control the menace of adulteration. She described adulteration of food i
Published 09 Apr, 2010 12:00am
US MIDDAY: gold edges down

US MIDDAY: gold edges down

US gold futures dropped slightly in mixed trade early on Thursday, retreating from the previous session's sharp gains, as the market took a breather after the metal has risen for five consecutive days. COMEX June gold down 40 cents at $1,152.60 an ounce a
Published 09 Apr, 2010 12:00am
US MIDDAY: copper slips

US MIDDAY: copper slips

US copper futures extended a reversal from 21-month highs early on Thursday, falling to their lowest levels in more than one week, as the dollar rose and global market confidence crumbled in the wake of revived concerns over Greece's debt crisis.
Published 09 Apr, 2010 12:00am
US MIDDAY: corn, wheat and soya lower

US MIDDAY: corn, wheat and soya lower

Corn futures on the Chicago Board of Trade were lower early Thursday on technical selling and profit-taking after Wednesday's 3 percent rally, which was tied to rumours that China was seeking US corn, traders said. As of 9:46 am CDT (1446 GMT), CBOT May c
Published 09 Apr, 2010 12:00am
US MIDDAY: coffee and sugar weak

US MIDDAY: coffee and sugar weak

Summaries of the ICE Futures US cocoa, coffee and sugar markets during early trade on Thursday. May arabica coffee contract fell 2.40 cents to $1.3515 per lb at 11:03 am EDT (1503 GMT). Ranging from $1.3495 to $1.3760. Arabica coffee futures fell as the c
Published 09 Apr, 2010 12:00am
Gold rises above $1,150/ an ounce in European trade

Gold rises above $1,150/ an ounce in European trade

Gold rose back above $1,150 an ounce on Thursday as concerns over the fiscal health of the eurozone boosted interest in the metal as a haven from risk, with a recovery in the euro relieving downward pressure on the metal. Spot prices climbed back to withi
Published 09 Apr, 2010 12:00am
Oil remains down

Oil remains down

Oil prices fell on Thursday for the second day in a row as a rise in US jobless claims and high crude inventories outweighed upbeat retail sales data in the world's top energy consumer. US crude settled down 49 cents at $85.39 a barrel, after falling to $
Published 09 Apr, 2010 12:00am
Copper at one-week low

Copper at one-week low

Copper dropped nearly 2 percent to a one-week low on Thursday, as investors questioned whether this week's peak above $8,000 had outrun fundamentals. Prices also took their cue from a weak euro, which neared this year's low against the dollar due to growi
Published 09 Apr, 2010 12:00am
Liffe sugar surges

Liffe sugar surges

May white sugar ended $7.70 higher at $490.70 per tonne as traders focused on the start of harvesting in the centre-south of top producer Brazil and on the outlook for a Russian import duty. May robusta coffee ended down $7 at $1,338 per tonne, pressured
Published 09 Apr, 2010 12:00am
New York cotton falls to seven-week low

New York cotton falls to seven-week low

Cotton futures reeled from investor sales to end Thursday at a 7-week low as the firm dollar and weak outside markets deflated fibre contracts before release of a government crop report tomorrow, brokers said. The key May cotton contract dove 2.38 cents t
Published 09 Apr, 2010 12:00am
FTSE posts steepest one-day fall in six weeks

FTSE posts steepest one-day fall in six weeks

Britain's top share index posted its steepest one-day decline in six weeks on Thursday, pressured by miners hit by weaker metals prices, and banks on revived concern over Greece's debt. The FTSE 100 closed 49.36 points, or 0.9 percent, lower at 5,712.70,
Published 09 Apr, 2010 12:00am
Orascom Telecom surges; Dubai, Kuwait fall

Orascom Telecom surges; Dubai, Kuwait fall

Orascom Telecom (OT) surged on market talk it will sell its Algerian unit Djezzy, lifting Egypt's index to a 23-week high on Thursday. Dubai fell to a two-week low, Abu Dhabi extended losses and Bahrain and Kuwait also declined following heavy profit-taki
Published 09 Apr, 2010 12:00am
Orascom Telecom surges; Dubai, Kuwait fall

Orascom Telecom surges; Dubai, Kuwait fall

Orascom Telecom (OT) surged on market talk it will sell its Algerian unit Djezzy, lifting Egypt's index to a 23-week high on Thursday. Dubai fell to a two-week low, Abu Dhabi extended losses and Bahrain and Kuwait also declined following heavy profit-taki
Published 09 Apr, 2010 12:00am
Indian shares down

Indian shares down

Indian shares provisionally closed 1.6 percent lower on Thursday, hurt by weak global shares as fears about Greece's fiscal health resurfaced. Financials led the losses. The 30-share BSE index provisionally ended down 1.59 percent or 286.57 points lower a
Published 09 Apr, 2010 12:00am
Thursday's early afternoon trade: Wall Street advances

Thursday's early afternoon trade: Wall Street advances

US stocks gained on Thursday, led by the retail sector after surprisingly strong March sales as a rebound in consumer spending was seen as a harbinger for strength in corporate earnings. Online merchant Amazon.com jumped 4.4 percent to $140.75, a 2010 int
Published 09 Apr, 2010 12:00am
Thai CDS at five-week high after emergency rule

Thai CDS at five-week high after emergency rule

The cost of insuring Thailand's debt against default climbed to a five-week high on Thursday, underperforming the weak broad market, after Bangkok declared a state of emergency to quash anti-government protests. Thailand's five-year credit default swaps w
Published 09 Apr, 2010 12:00am
Thai CDS at five-week high after emergency rule

Thai CDS at five-week high after emergency rule

The cost of insuring Thailand's debt against default climbed to a five-week high on Thursday, underperforming the weak broad market, after Bangkok declared a state of emergency to quash anti-government protests. Thailand's five-year credit default swaps w
Published 09 Apr, 2010 12:00am
Euro slips on Greece debt crisis

Euro slips on Greece debt crisis

The euro fell on Thursday, grinding closer to this year's low against the dollar on growing doubts about Greece's ability to manage its debt crisis, while speculation about a possible yuan revaluation boosted the yen. Increasing scepticism among investors
Published 09 Apr, 2010 12:00am
Indian rupee plummets

Indian rupee plummets

The Indian rupee fell sharply on Thursday, but turned around and ended higher on talks of likely revaluation of the Chinese yuan and as exporter sold dollars, dealers said. The partially convertible rupee ended at 44.46/47 per dollar, after scoring a day'
Published 09 Apr, 2010 12:00am
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