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Print - 2010-09-18
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 18 Sep, 2010 12:00am
China's telecom company donates RMB100,000 for flood survivors

China's telecom company donates RMB100,000 for flood survivors

China's leading telecommunication company, Huawei Technologies, has donated an amount of RMB 100,000 (US $8,000 approx.) for Prime Minister's Flood Relief Fund 2010. The documents, in this regard, were handed over by Senior Vice President of Huawei Techno
Published 18 Sep, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Sep, 2010 12:00am
Pakistan a 'slow burn' disaster of horrendous proportions

Pakistan a 'slow burn' disaster of horrendous proportions

According to Radio Australia and ABC Online (Australian TV), a day after being sworn in as the Australian foreign minister, Kevin Rudd, is already abroad, heading for the United States - via Pakistan - where he says the threat of water born diseases from
Published 18 Sep, 2010 12:00am
Powerful tremors hit various parts of country

Powerful tremors hit various parts of country

Various parts of country have been rattled by a powerful earthquake late Friday night including Islamabad, Lahore, Multan, Nowshera, Gilgit, Swat, Muzzafarabad, Peshawar, North Waziristan, Malakand Agency, Dir, Chitral and many more areas, private TV chan
Published 18 Sep, 2010 12:00am
Powerful tremors hit various parts of country

Powerful tremors hit various parts of country

Various parts of country have been rattled by a powerful earthquake late Friday night including Islamabad, Lahore, Multan, Nowshera, Gilgit, Swat, Muzzafarabad, Peshawar, North Waziristan, Malakand Agency, Dir, Chitral and many more areas, private TV chan
Published 18 Sep, 2010 12:00am
Continental, United shareholders okay giant merger

Continental, United shareholders okay giant merger

Continental Airlines and United Airlines shareholders overwhelmingly voted to merge Friday, paving the way for the creation off the world''''s biggest airline More than 98 percent of both companies'''' voters supported the deal, which was cleared by the U
Published 18 Sep, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Continental, United shareholders okay giant merger

Continental, United shareholders okay giant merger

Continental Airlines and United Airlines shareholders overwhelmingly voted to merge Friday, paving the way for the creation off the world''s biggest airline More than 98 percent of both companies'' voters supported the deal, which was cleared by the US au
Published 18 Sep, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Continental, United shareholders okay giant merger

Continental, United shareholders okay giant merger

Continental Airlines and United Airlines shareholders overwhelmingly voted to merge Friday, paving the way for the creation off the world's biggest airline More than 98 percent of both companies' voters supported the deal, which was cleared by the US auth
Published 18 Sep, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Continental, United shareholders okay giant merger

Continental, United shareholders okay giant merger

Continental Airlines and United Airlines shareholders overwhelmingly voted to merge Friday, paving the way for the creation off the world's biggest airline More than 98 percent of both companies' voters supported the deal, which was cleared by the US auth
Published 18 Sep, 2010 12:00am
Naveed to sign GPFA of TAPI on September 20

Naveed to sign GPFA of TAPI on September 20

Federal Minister for Petroleum and Natural Resources Syed Naveed Qamar will sign the Gas Pipeline Framework Agreement (GPFA) of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline in Ashgabat, Turkmenistan on September 20, 2010 along with his coun
Published 18 Sep, 2010 12:00am
Naveed to sign GPFA of TAPI on September 20

Naveed to sign GPFA of TAPI on September 20

Federal Minister for Petroleum and Natural Resources Syed Naveed Qamar will sign the Gas Pipeline Framework Agreement (GPFA) of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline in Ashgabat, Turkmenistan on September 20, 2010 along with his coun
Published 18 Sep, 2010 12:00am
Naveed to sign GPFA of TAPI on September 20

Naveed to sign GPFA of TAPI on September 20

Federal Minister for Petroleum and Natural Resources Syed Naveed Qamar will sign the Gas Pipeline Framework Agreement (GPFA) of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline in Ashgabat, Turkmenistan on September 20, 2010 along with his coun
Published 18 Sep, 2010 12:00am
Cargo handling at ports: World Bank mission expresses concerns

Cargo handling at ports: World Bank mission expresses concerns

The World Bank (WB) mission has expressed concerns over cargo handling at the ports, Business Recorder learnt on Friday. According to sources, the WB mission, headed by Tony Mort, along with Wyatt Grant, during its visit to customs operations sites
Published 18 Sep, 2010 12:00am
Cargo handling at ports: World Bank mission expresses concerns

Cargo handling at ports: World Bank mission expresses concerns

The World Bank (WB) mission has expressed concerns over cargo handling at the ports, Business Recorder learnt on Friday. According to sources, the WB mission, headed by Tony Mort, along with Wyatt Grant, during its visit to customs operations sites
Published 18 Sep, 2010 12:00am
Cargo handling at ports: World Bank mission expresses concerns

Cargo handling at ports: World Bank mission expresses concerns

The World Bank (WB) mission has expressed concerns over cargo handling at the ports, Business Recorder learnt on Friday. According to sources, the WB mission, headed by Tony Mort, along with Wyatt Grant, during its visit to customs operations sites
Published 18 Sep, 2010 12:00am
India deploys army to quell IHK unrest

India deploys army to quell IHK unrest

India deployed soldiers on the streets of protest-hit occupied Kashmir on Friday to restore order, witnesses said, as two more pro-independence demonstrators were shot dead by occupation forces. Occupation troops were spotted on a key road in the main cit
Published 18 Sep, 2010 12:00am
India deploys army to quell IHK unrest

India deploys army to quell IHK unrest

India deployed soldiers on the streets of protest-hit occupied Kashmir on Friday to restore order, witnesses said, as two more pro-independence demonstrators were shot dead by occupation forces. Occupation troops were spotted on a key road in the main cit
Published 18 Sep, 2010 12:00am
Five cleaners held in UK over pope visit 'terror' alert

Five cleaners held in UK over pope visit 'terror' alert

British police arrested five street cleaners Friday on suspicion of plotting a "terrorist" attack linked to the historic state visit of Pope Benedict XVI, officials said. The Vatican insisted that the pope was "calm" following the arrests and that it had
Published 18 Sep, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Five cleaners held in UK over pope visit 'terror' alert

Five cleaners held in UK over pope visit 'terror' alert

British police arrested five street cleaners Friday on suspicion of plotting a "terrorist" attack linked to the historic state visit of Pope Benedict XVI, officials said. The Vatican insisted that the pope was "calm" following the arrests and that it had
Published 18 Sep, 2010 12:00am
US plane makes emergency landing

US plane makes emergency landing

A US plane carrying 176 people rescued from flood-hit northern Pakistan Friday made an emergency landing at Islamabad airport, but there were no casualties, a civil aviation official said. "A US C-17 aircraft reported all its four engines stalled when it
Published 18 Sep, 2010 12:00am
US plane makes emergency landing

US plane makes emergency landing

A US plane carrying 176 people rescued from flood-hit northern Pakistan Friday made an emergency landing at Islamabad airport, but there were no casualties, a civil aviation official said. "A US C-17 aircraft reported all its four engines stalled when it
Published 18 Sep, 2010 12:00am
Afghan election will have irregularities: Karzai

Afghan election will have irregularities: Karzai

Afghanistan's parliamentary election due to be held at the weekend will have "irregularities", President Hamid Karzai said Friday, a year after his own re-election was riddled with fraud. "In Afghanistan under the circumstances we must expect that there'l
Published 18 Sep, 2010 12:00am
Afghan election will have irregularities: Karzai

Afghan election will have irregularities: Karzai

Afghanistan's parliamentary election due to be held at the weekend will have "irregularities", President Hamid Karzai said Friday, a year after his own re-election was riddled with fraud. "In Afghanistan under the circumstances we must expect that there'l
Published 18 Sep, 2010 12:00am
Russian naval aircraft buzz US warship: Pentagon

Russian naval aircraft buzz US warship: Pentagon

The Pentagon on Friday said Russian naval aircraft buzzed close to a US warship in the Berents Sea last week, just days before Moscow's defence minister paid a high-profile visit to Washington. A Russian IL-38 plane on September 10 flew at low altitude wi
Published 18 Sep, 2010 12:00am
Russian naval aircraft buzz US warship: Pentagon

Russian naval aircraft buzz US warship: Pentagon

The Pentagon on Friday said Russian naval aircraft buzzed close to a US warship in the Berents Sea last week, just days before Moscow's defence minister paid a high-profile visit to Washington. A Russian IL-38 plane on September 10 flew at low altitude wi
Published 18 Sep, 2010 12:00am
E-payments grow to Rs 4.8 trillion in fourth quarter

E-payments grow to Rs 4.8 trillion in fourth quarter

Electronic payments continued to show a rising trend as both the number and value of such transactions increased in the fourth quarter (April-June) of the last 2009-10 fiscal year (FY10). According to State Bank''s fourth Quarterly Report on Retail E-Paym
Published 18 Sep, 2010 12:00am
E-payments grow to Rs 4.8 trillion in fourth quarter

E-payments grow to Rs 4.8 trillion in fourth quarter

Electronic payments continued to show a rising trend as both the number and value of such transactions increased in the fourth quarter (April-June) of the last 2009-10 fiscal year (FY10). According to State Bank's fourth Quarterly Report on Retail E-Payme
Published 18 Sep, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
E-payments grow to Rs 4.8 trillion in fourth quarter

E-payments grow to Rs 4.8 trillion in fourth quarter

Electronic payments continued to show a rising trend as both the number and value of such transactions increased in the fourth quarter (April-June) of the last 2009-10 fiscal year (FY10). According to State Bank's fourth Quarterly Report on Retail E-Payme
Published 18 Sep, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (September 17, 2010).
Published 18 Sep, 2010 12:00am
Corps Commanders' Conference held

Corps Commanders' Conference held

The 133rd Corps Commanders' Conference was held at General Headquarters here on Friday, which was chaired by Chief of Army Staff (COAS), General Ashfaq Parvez Kayani, an ISPR press release said. The conference was part of the regular monthly meetings, it
Published 18 Sep, 2010 12:00am
Corps Commanders' Conference held

Corps Commanders' Conference held

The 133rd Corps Commanders' Conference was held at General Headquarters here on Friday, which was chaired by Chief of Army Staff (COAS), General Ashfaq Parvez Kayani, an ISPR press release said. The conference was part of the regular monthly meetings, it
Published 18 Sep, 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 Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Naeem Malik appointed OGDC''s new managing director

Naeem Malik appointed OGDC''s new managing director

The controversy over appointment of Adnan Khwaja as Managing Director (MD), Oil and Gas Development Company Limited (OGDC), ended after appointment of Director General (DG) Petroleum Concession (PC) Naeem Malik as new MD of the company, Business Record
Published 18 Sep, 2010 12:00am
Naeem Malik appointed OGDC's new managing director

Naeem Malik appointed OGDC's new managing director

The controversy over appointment of Adnan Khwaja as Managing Director (MD), Oil and Gas Development Company Limited (OGDC), ended after appointment of Director General (DG) Petroleum Concession (PC) Naeem Malik as new MD of the company, Business Record
Published 18 Sep, 2010 12:00am
Naeem Malik appointed OGDC's new managing director

Naeem Malik appointed OGDC's new managing director

The controversy over appointment of Adnan Khwaja as Managing Director (MD), Oil and Gas Development Company Limited (OGDC), ended after appointment of Director General (DG) Petroleum Concession (PC) Naeem Malik as new MD of the company, Business Record
Published 18 Sep, 2010 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 09.74 points, as the Index moved from 2,581.75 to 2,591.
Published 18 Sep, 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 Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 09.74 points, as the Index moved from 2,581.75 to 2,591.
Published 18 Sep, 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 Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) and the equities registered gains amid decreased trading turnover because of lacking interest on the part of investors who remained on the sideline. The LSE-25 index was improved by 19.10 poi
Published 18 Sep, 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 Friday (September 17, 2010).

Published 18 Sep, 2010 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) and the equities registered gains amid decreased trading turnover because of lacking interest on the part of investors who remained on the sideline. The LSE-25 index was improved by 19.10 poi
Published 18 Sep, 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 18 Sep, 2010 12:00am
Gul helps Pakistan win

Gul helps Pakistan win

Umar Gul produced a devastating spell of swing bowling taking six for 42 as Pakistan won the third one-day international against England here at The Oval by 23 runs on Friday. Set 242 to win, England were in control as Eoin Morgan (61) and Luke Wright (48
Published 18 Sep, 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 18 Sep, 2010 12:00am
Assuming charge of OGDC chief: Supreme Court issues notice to Adnan

Assuming charge of OGDC chief: Supreme Court issues notice to Adnan

The Supreme Court on Friday issued notice to Adnan A Khwaja, directing him to explain why he assumed the charge of Managing Director of the Oil and Gas Development Company Limited (OGDC) despite being disqualified for 10 years on September 21 to take such
Published 18 Sep, 2010 12:00am
Assuming charge of OGDC chief: Supreme Court issues notice to Adnan

Assuming charge of OGDC chief: Supreme Court issues notice to Adnan

The Supreme Court on Friday issued notice to Adnan A Khwaja, directing him to explain why he assumed the charge of Managing Director of the Oil and Gas Development Company Limited (OGDC) despite being disqualified for 10 years on September 21 to take such
Published 18 Sep, 2010 12:00am
New York cotton

New York cotton

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

Published 18 Sep, 2010 12:00am
Assuming charge of OGDC chief: Supreme Court issues notice to Adnan

Assuming charge of OGDC chief: Supreme Court issues notice to Adnan

The Supreme Court on Friday issued notice to Adnan A Khwaja, directing him to explain why he assumed the charge of Managing Director of the Oil and Gas Development Company Limited (OGDC) despite being disqualified for 10 years on September 21 to take such
Published 18 Sep, 2010 12:00am
New York cotton

New York cotton

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

Published 18 Sep, 2010 12:00am
BRIDGE NOTES: Magician at bridge

BRIDGE NOTES: Magician at bridge

The art of good dummy play lies in the declarer's ability to visualise the distribution of the cards all around. Armed with experience, skilled in bridge techniques, sound in judgement and equipped with a sharp memory and the stamina to be mentally alert
Published 18 Sep, 2010 12:00am
Pakistan fails to achieve MDGs: report launched

Pakistan fails to achieve MDGs: report launched

Pakistan Millennium Development Goals (MDGs) Report 2010, launched on Friday, indicated that the country had failed to achieve MDGs due to slow economic growth, severe energy crisis, socio-political problems, security issues, war on terror and recent floo
Published 18 Sep, 2010 12:00am
Pakistan fails to achieve MDGs: report launched

Pakistan fails to achieve MDGs: report launched

Pakistan Millennium Development Goals (MDGs) Report 2010, launched on Friday, indicated that the country had failed to achieve MDGs due to slow economic growth, severe energy crisis, socio-political problems, security issues, war on terror and recent floo
Published 18 Sep, 2010 12:00am
BOOK REVIEWS: Pat Feeder peasant's struggle

BOOK REVIEWS: Pat Feeder peasant's struggle

The book as its title indicates is about the struggle of the Pat Feeder peasant. The book differs in many ways from other books. It is not written by any historian, social scientist, professor or researcher. Rather it is the narration of some committed pe
Published 18 Sep, 2010 12:00am
Pakistan fails to achieve MDGs: report launched

Pakistan fails to achieve MDGs: report launched

Pakistan Millennium Development Goals (MDGs) Report 2010, launched on Friday, indicated that the country had failed to achieve MDGs due to slow economic growth, severe energy crisis, socio-political problems, security issues, war on terror and recent floo
Published 18 Sep, 2010 12:00am
Improving road safety

Improving road safety

Mapping company Navteq's recent announcement a that it intends to create automated driving instructions cued by landmarks is likely to shake up the digital maps world. Currently, turn-by-turn global positioning systems (GPS) guide drivers using closing di
Published 18 Sep, 2010 12:00am
External financing needed urgently: IMF informed

External financing needed urgently: IMF informed

Pakistan has informed the International Monetary Fund (IMF) that it would require external financing on an emergency basis preferably in the form of budgetary support as domestic efforts, inclusive of introduction of a 10 percent temporary income tax surc
Published 18 Sep, 2010 12:00am
ART FACTS: Master strokes

ART FACTS: Master strokes

Joseph Mallord William Turner was an English artist famous for his romantic landscape watercolour paintings. Born in 1775 Turner was considered the artist who elevated landscape painting to an eminence rivaling history painting. He is one of the greatest
Published 18 Sep, 2010 12:00am
External financing needed urgently: IMF informed

External financing needed urgently: IMF informed

Pakistan has informed the International Monetary Fund (IMF) that it would require external financing on an emergency basis preferably in the form of budgetary support as domestic efforts, inclusive of introduction of a 10 percent temporary income tax surc
Published 18 Sep, 2010 12:00am