News Archives for Print - 2010-09-22

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Print - 2010-09-22

New York cotton

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

Published 22 Sep, 2010 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 22 Sep, 2010 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 138,387 tonnes of cargo including 107,301 tonnes of import cargo, 31,086 tonnes of export cargo, 4,692 loaded and empty containers during last 24 hours ended at 0700 hours on Tuesday.

Published 22 Sep, 2010 12:00am

Canadian canola futures hit two-year high

ICE Canadian canola futures roared to their highest nearby price in two years on Monday with spillover support from outside markets, before lagging demand and commercial hedges slashed gains, traders said. Killing frost across much of Canadian Prairies du

Published 22 Sep, 2010 12:00am

Indonesia to import 450,000 tonnes of white sugar

Indonesia will import 450,000 tonnes of white sugar - more than expected - for household consumption in early 2011 to anticipate a fall in sugar production, Trade Minister Mari Pangestu said on Tuesday. The demand may bolster a market already seeing near-

Published 22 Sep, 2010 12:00am

India's gold extends losses for a second day

India gold extended losses for a second day on Tuesday weighed by early strength in the rupee, triggering light buying in the physical market as traders braced for festivals, when demand for the yellow metal tends to go up, dealers said.

Published 22 Sep, 2010 12:00am

Biofuels to keep edible oil supply tight: Oil World

Rising global biofuel production will keep global vegetable oil supplies tight in coming months, possibly keeping prices high, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. "In a number of countries, governments continue to step up their

Published 22 Sep, 2010 12:00am

Cotton spot rate jumped to Rs 7,250; lint prices stable as demand persists

Trading activity improved on the cotton market on Tuesday as mills extended buying on expectations of corrective measures and concessions by the government to boost exports, dealers said. The Karachi Cotton Association (KCA) official spot rate was raised

Published 22 Sep, 2010 12:00am

Bangladesh tea prices up

The average price of Bangladeshi teas rose 1.85 percent to 195.35 taka ($2.80) per kg at the weekly auction on Tuesday, brokers said. More than 1.66 million kg were sold, leaving only 1.43 percent of the offer to be carried back. Bangladeshi buyers includ

Published 22 Sep, 2010 12:00am

Khandsari down by Rs 500 on grain market

Thin business was seen on the wholesale grain and seed market on Tuesday though most of the traders were willing to purchase at the falling rates, dealers said. On the cereal side makai was quoted at Rs 2625, barley Sindh and Mardan registered lower at Rs

Published 22 Sep, 2010 12:00am

British public borrowing hits record high

British government borrowing widened unexpectedly in August to hit a record high for the month, official data showed on Tuesday. The public sector net borrowing requirement jumped to 15.3 billion pounds (18.1 billion euros, 23.8 billion dollars) compared

Published 22 Sep, 2010 12:00am

Birmingham eyes asset sales, Middle East cash

Birmingham council leaders are in talks with Middle East sovereign funds, hoping to plug a budget hole selling some of the billions of pounds of trophy assets owned by Britain's second city. The NEC - Britain's biggest exhibition centre, prime real estate

Published 22 Sep, 2010 12:00am

Birmingham eyes asset sales, Middle East cash

Published 22 Sep, 2010 12:00am

Brazil allows use of sovereign fund to buy dollars

Brazil's government authorised on Monday the use of its sovereign wealth fund to buy US dollars in the foreign exchange market, as part of an effort aimed at stemming a recent rally in the local currency. The government set no limit on the amount of dolla

Published 22 Sep, 2010 12:00am

Brazil allows use of sovereign fund to buy dollars

Published 22 Sep, 2010 12:00am

EU accepts WTO ruling on technology goods

The World Trade Organisation adopted a ruling on Tuesday condemning controversial European duties on electronics products after the European Union declined to appeal against the verdict by WTO judges. The United States, Japan and Taiwan had challenged the

Published 22 Sep, 2010 12:00am

US housing starts at four-month high, hint at stability

Groundbreaking for new US homes jumped in August to a four-month high, a tentative sign of stability in the housing market after steep declines brought by the end of a homebuyer tax credit. Analysts said the data on Tuesday, which came as Federal Reserve

Published 22 Sep, 2010 12:00am

Greek truckers protest against liberalisation

Greek truckers marched in Athens on Tuesday to protest against a bill which would open their sector to greater competition, a key reform under a multi-billion euro EU/IMF bailout plan. About 2,000 truck drivers chanting "Thieves, thieves, thieves" and hol

Published 22 Sep, 2010 12:00am

Europe bitterly divided over farm subsidies

The European Union gears up to rethink its controversial farm policy in a few weeks with agriculture ministers bitterly divided Tuesday over the handout of sudsidies. With deficit-hit member states keen to cut spending ahead of talks on the next post-2013

Published 22 Sep, 2010 12:00am

Irish, Spanish, Greek auctions calm investor nerves

Ireland's borrowing costs jumped at a bond auction on Tuesday but appetite for its debt, and for separate Spanish and Greek treasury bill sales, was robust enough to lift their bond markets. Despite Ireland's tough austerity measures investors are demandi

Published 22 Sep, 2010 12:00am

Irish, Spanish, Greek auctions calm investor nerves

Published 22 Sep, 2010 12:00am

Malaysia unveils massive investment plans

Malaysia on Tuesday unveiled ambitious plans to boost its economy by mobilising hundreds of billions of dollars of private investment, although questions remained over whether the money would materialise. The plans ranged from a new mass transit system to

Published 22 Sep, 2010 12:00am

Abbott to cut 3,000 jobs

Abbott Laboratories Inc plans to cut 3,000 jobs, or about 3 percent of its workforce, following its purchase of Solvay's pharmaceuticals business. The cuts will take place over the next two years and the vast majority will come from one-time Solvay positi

Published 22 Sep, 2010 12:00am

Russia and China to build $5 billion refinery in two years

Russia and China agreed on Tuesday to forge ahead with a $5 billion refinery to boost supply to fuel hungry Beijing but the key question for Russia - the future of gas exports to China - went unanswered. Russia's powerful oil boss, Deputy Prime Minister I

Published 22 Sep, 2010 12:00am

Major wind energy fair opens in Germany

The world's leading wind energy trade fair opened in Germany on Tuesday, organisers said, with close to 1,000 exhibitors from around 70 countries expected to draw some 30,000 visitors. "Besides being the most important international wind energy trade fair

Published 22 Sep, 2010 12:00am

Bank stress puts Eastern Europe recovery at risk

Pressure on bank earnings due to new taxes and regulations is threatening a nascent loan recovery in the former Communist part of Europe and weighing on its economies, one of the region's biggest banks said on Tuesday. Austria's RZB also said in a study o

Published 22 Sep, 2010 12:00am

Nokia delays flagship N8 phone again

Nokia said it would delay again its flagship smartphone N8 model, hitting its shares on the day new chief executive Stephen Elop started at the helm of the world's top cellphone maker. The N8 is seen by analysts as Nokia's first top-range model to challen

Published 22 Sep, 2010 12:00am

China pact lures foreign investors to Taiwan

Some of the world's biggest firms were among almost 30 foreign groups vowing major investments in Taiwan amid growing interest in the island since it signed a trade pact with China, officials said. Qualcomm and GlaxoSmithKline joined 25 other firms from J

Published 22 Sep, 2010 12:00am

First Pacific falls on Asian debut

First Pacific Co Ltd debt fell slightly on its Asian debut on Tuesday as secondary market investors saw the bond's pricing as too tight, while an expected string of new issues also weighed on sentiment. The broad market was steady as investors held off wi

Published 22 Sep, 2010 12:00am

First Pacific falls on Asian debut

Published 22 Sep, 2010 12:00am

European CDS index tightens

European corporate credit default swap spreads were tighter on Tuesday in the aftermath of Monday's roll to a new index series. The iTraxx credit derivatives indexes roll into a new series every six months to allow some constituents to be replaced to refl

Published 22 Sep, 2010 12:00am

European CDS index tightens

Published 22 Sep, 2010 12:00am

South East Asian markets: Philippines at new peak

The Philippine stock market hit another record high on Tuesday, led by demand for telecom shares due to optimism about their earnings, while Thailand rose 1.5 percent, helped by continued foreign buying. Asian stock markets overall were subdued ahead of a

Published 22 Sep, 2010 12:00am

Tuesday's afternoon trade: Wall Street lower

US stocks slipped on Tuesday as caution before the results of the Federal Reserve's monetary policy meeting kept traders on the sidelines after the S&P 500 broke out of a trading range in the prior session. After the Fed's August meeting, the US central b

Published 22 Sep, 2010 12:00am

S&P at four-month high

The S&P 500 closed at a four-month high on Monday as a long-awaited break above a technical range and a flurry of positive corporate news increased investor optimism. The break came a day before a Federal Reserve meeting in which the central bank is expec

Published 22 Sep, 2010 12:00am

Treasuries rise

The prices of long-dated US Treasuries rose on Monday after the Federal Reserve completed its first Treasury purchases for the week, as traders placed bets on the size of the Fed's upcoming debt buys. The Federal Reserve Bank of New York announced on Mond

Published 22 Sep, 2010 12:00am

Treasuries rise

Published 22 Sep, 2010 12:00am

Hong Kong shares hits five-month high

Shares in Hong Kong edged up to a five-month high on Tuesday, supported by property picks, while Shanghai shares ticked higher in light volume ahead of a long public holiday. Both Hong Kong's Hang Seng Index and the Shanghai Composite Index rose 0.1 perce

Published 22 Sep, 2010 12:00am

Indian shares top 20,000 points

Buoyant Indian shares cruised past 20,000 points on Tuesday for the first time in 32 months, but there were signs of fatigue after the market had climbed for 10 of the last 11 sessions. A tidal wave of foreign buying, triggered by the country's robust eco

Published 22 Sep, 2010 12:00am

Nikkei average falls

Japan's Nikkei edged briefly to a seven-week intraday high on Tuesday before falling into negative territory in the face of profit-taking, with the dollar's struggles against the yen weighing on sentiment. Mid-sized drugmaker Kyorin soared on a report tha

Published 22 Sep, 2010 12:00am

Closing stock market indices

Major stock markets outside the United States ended on Tuesday

Published 22 Sep, 2010 12:00am

UK's top shares index falls

Britain's leading shares faltered by the close on Tuesday as investors lost their nerve ahead of news from the US Federal Reserve, with banks and miners the biggest fallers. The Fed appears set to debate pumping billions of dollars more into the sluggish

Published 22 Sep, 2010 12:00am

Dollar Libor edges up

The interbank cost of borrowing dollars edged up on Tuesday, ahead of a US Federal Reserve meeting where policymakers were expected to discuss whether further measures are needed to support the sluggish economy. Most analysts say the Fed's Federal Open Ma

Published 22 Sep, 2010 12:00am

Sterling slides versus euro

Sterling hit a two-month low against the euro on Tuesday as the single currency rose on robust investor demand for Irish and Greek government paper, which eased concerns about eurozone peripheral sovereign debt. While staying under selling pressure agains

Published 22 Sep, 2010 12:00am

Euro rises versus dollar in London

The euro rose against the dollar on Tuesday, helped by solid demand at sales of peripheral eurozone debt, while expectations that the Federal Reserve may debate more monetary easing kept investors away from the greenback. Irish, Greek and Spanish governme

Published 22 Sep, 2010 12:00am

Dollar falls versus majors in Asia

The dollar fell on Tuesday towards a five-week low against a basket of currencies, with traders cautious ahead of a Federal Reserve policy meeting that may discuss the need for further easing. It struggled at 85.50 yen, supported by fear of Japanese inter

Published 22 Sep, 2010 12:00am

Early trade: Debt sales help euro

The euro rose against the dollar on Tuesday, helped by solid demand at sales of eurozone debt, while expectations that the US Federal Reserve may consider additional monetary easing weighed on the greenback. Irish, Greek and Spanish government debt auctio

Published 22 Sep, 2010 12:00am

Dollar falls broadly in New York

The dollar slipped broadly on Monday with investors positioning for the possibility the US Federal Reserve may suggest the need to inject more stimulus into the economy. The US central bank meets on Tuesday and the chance of more Fed quantitative easing -

Published 22 Sep, 2010 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 69.6950/69.7300 (previous 69.6600/69.6950). Call Money Rates: 4.50-7.50 percent (previous 4.25-7.50 percent).

Published 22 Sep, 2010 12:00am

Swiss franc dips

The Swiss franc dipped on Tuesday as Swiss export growth eased in August, adding to the Swiss National Bank's case to keep interest rates on hold for longer. Swiss exports rose by 4.6 percent on the year when adjusted for working days, slowing from 7.4 pe

Published 22 Sep, 2010 12:00am

Australian dollar up, New Zealand steadies

The Australia dollar stood within sight of two-year highs on Tuesday as the country's central bank made its bluntest warning yet that further rate rises would likely be needed to keep inflation in check. All of which kept the Aussie firm around $0.9452, a

Published 22 Sep, 2010 12:00am

Indian rupee off four-month peak

Tactical dollar buying by oil firms and importers dragged the Indian rupee lower from a four-month high on Tuesday, but gains in domestic shares and broad dollar weakness underpinned sentiment. The partially convertible rupee closed at 45.67/68 per dollar

Published 22 Sep, 2010 12:00am

Most Asian currencies rise

The Philippine peso and Indonesian rupiah led a moderate rise in Asian currencies on Tuesday with the dollar held down by uncertainty over how the United States will revive its economy. The dollar hovered near a five-week low and oil eased as traders posi

Published 22 Sep, 2010 12:00am

Yuan extends rally

The yuan extended a rally on Tuesday to nine days, rising the most in that period since January 2008 following strong criticism from US President Barack Obama about China's currency policy. Active trading in offshore yuan forwards focused on near-term ten

Published 22 Sep, 2010 12:00am

PFF announces 35 probables for XVI Asian Games

Pakistan Football Federation (PFF) has opened the exit door to 13 players, as it announced 35 footballers in the build up for the National U-23 team to appear in soccer event of XVI Asian Games to be held under Olympic Council of Asia (OCA) at Chinese cit

Published 22 Sep, 2010 12:00am

Wenger admits FA charge and misses Spurs match

Arsenal manager Arsene Wenger admitted an FA improper conduct charge and will serve a one-match touchline ban when his team play at Tottenham Hotspur in a League Cup tie on Tuesday. The 60-year-old Frenchman accepted the standard sanction of a one match b

Published 22 Sep, 2010 12:00am

Zaheer praises England for not abandoning series

Pakistan great Zaheer Abbas praised England on Tuesday for not abandoning the series with Pakistan despite a tour blighted by mounting allegations of corruption. "England cricket officials and players should be praised for their positive stance of continu

Published 22 Sep, 2010 12:00am

Imran Khan rejects calls for cricket ban

Pakistani sporting hero Imran Khan brushed aside calls to ban his nation from international cricket until corruption allegations are investigated, saying a country cannot be punished collectively. Former England captains Ian Botham and Michael Vaughan hav

Published 22 Sep, 2010 12:00am

Cricket World Cup preparation on course: official

While India struggle to get ready for next month's Commonwealth Games in Delhi, organisers for next year's cricket World Cup in India, Sri Lanka and Bangladesh have struck an altogether more confident note. Organisers have targeted the end of November for

Published 22 Sep, 2010 12:00am

Ponting 'satisfied' with India security

Australia's cricket captain Ricky Ponting said on Tuesday he was satisfied with security arrangements for his team's tour in India even as concerns grew over next month's Delhi Commonwealth Games. "During our tours we are regularly briefed as far as secur

Published 22 Sep, 2010 12:00am

We could have called police on Trott: Afridi

Pakistan's one-day captain Shahid Afridi said Tuesday his team could have filed a police complaint against England batsman Jonathan Trott over an altercation with fast bowler Wahab Riaz. Newspapers reports said Trott and Riaz had an altercation minutes be

Published 22 Sep, 2010 12:00am

Bridge collapse adds to India's Commonwealth Games woes

A footbridge being built for the Commonwealth Games in India collapsed on Tuesday, injuring 27 people and highlighting the raft of problems that have so far blighted the event, meant to showcase the emerging global power.

Published 22 Sep, 2010 12:00am

Pakistan square series with spirited win at Lord's

Pakistan recovered from a terrible start to their day to complete a spirited victory in the fourth one-day international against England at Lord's on Monday. Their 38-run win with 3.5 overs to spare under the floodlights in the day-night match squared the

Published 22 Sep, 2010 12:00am

Nishan-e-Haider Hockey from September 23

Seventh All Pakistan Nishan-e-Haider Floodlit Hockey Tournament will start from September 23 at Dring Stadium. District Hockey Association sources told APP on Tuesday that top teams of the country including WAPDA, Police, National Bank of Pakistan and Por

Published 22 Sep, 2010 12:00am

Series against Pakistan and Zimbabwe: South Africa pick new cap Ingram

South Africa on Tuesday named uncapped left-handed batsman Colin Ingram in their squad for limited overs series against Zimbabwe and Pakistan. Ingram, 25, was the leading run-scorer in both South Africa's senior domestic limited overs competitions last se

Published 22 Sep, 2010 12:00am

Investigations of Gaza conflict inadequate: UN experts

Investigations by Israel and the Palestinians into violations of human rights during the Gaza conflict of 2008-2009 were inadequate in several respects, UN experts said on Tuesday. The conclusion of the expert committee, set up by the UN Human Rights Coun

Published 22 Sep, 2010 12:00am

Atom smasher scientists spot potential new discovery

Scientists at the world's biggest atom smasher said Tuesday they appeared to have discovered a previously unobserved phenomenon in their quest to unravel the deepest secrets of the universe. Results from one of the detectors in the Large Hadron Collider e

Published 22 Sep, 2010 12:00am

Somalia's Prime Minister resigns, insurgency rages

Somalia's Prime Minister Omar Abdirashid Sharmarke resigned on Tuesday, paying the price for the government's failure to rein in an insurgency that has killed thousands of civilians. Thousands of African Union peacekeeping troops have been sent to support

Published 22 Sep, 2010 12:00am

Rare North Korea meeting on September 28, eye on succession

North Korea's ruling party will hold its biggest meeting in decades on September 28 to pick a new leadership, state media reported on Tuesday, and likely anoint an heir to the dynasty as Kim Jong-il's health deteriorates. Kim, who is believed to have suff

Published 22 Sep, 2010 12:00am

Karzai olive branch for Taliban on UN Peace Day

Afghan President Hamid Karzai on Tuesday marked the UN's International Peace Day with a renewed call to Taliban-led insurgents to lay down their arms and reconcile with his administration. "I call on those who have picked up arms against Afghanistan and p

Published 22 Sep, 2010 12:00am

Next 10 days decisive for Middle East peace talks: Palestinians

The next 10 days will be key for the future of the Middle East peace talks, a Palestinian spokesman told AFP on Tuesday as negotiators sought ways to end a standoff over Jewish settlements. "The next 10 days will be decisive and determine the fate of the

Published 22 Sep, 2010 12:00am

Czech workers protest wage cuts

Tens of thousands of nurses, police officers and clerks marched through Prague on Tuesday to protest against a plan to cut public sector wages, but the Czech government was determined to push on with cutting the deficit. The labour protest, the biggest of

Published 22 Sep, 2010 12:00am

Daughter sues over claim Egypt's Sadat killed Nasser

The daughter of late Egyptian president Anwar Sadat is suing his former aide over claims the leader poisoned his predecessor Gamal Abdel Nasser, a judicial source told AFP on Tuesday. Roqaya al-Sadat has filed a complaint to the public prosecutor accusing

Published 22 Sep, 2010 12:00am

Russia to spend $613 billion on arms

Russia plans to spend 19 trillion roubles (613 billion dollars) to purchase new weapons over the next decade as it seeks to modernise its Soviet-era army, defence minister Anatoly Serdyukov said in an interview released on Tuesday. The government is in th

Published 22 Sep, 2010 12:00am

Stabbings cause 40 percent of deaths in Europe

More than 15,000 young people are killed by acts of violence in Europe every year, the World Health Organisation said on Tuesday, and around 40 percent of those deaths are due to stabbings. In a report on violence in Europe, the WHO said the 40 deaths a d

Published 22 Sep, 2010 12:00am

EU offers $1.3 billion to reduce poverty

European leaders have offered one billion euros (1.3 billion dollars) at the Millennium Development Goals (MDGs) summit here, amid mounting calls for money to pay for the battle to cut extreme poverty. The huge sum was offered late Monday by EU commission

Published 22 Sep, 2010 12:00am

West African nations ink maritime frontier deal

Six west African nations on Tuesday agreed to delineate their maritime boundaries in what are thought to be oil-and-gas rich Atlantic coastal waters. The accord, overseen by Norway, a major energy producer, seeks to allow Cape Verde, Gambia, Guinea-Bissau

Published 22 Sep, 2010 12:00am

Merkel calls for better governance in developing world

German Chancellor Angela Merkel on Tuesday warned a UN summit that aid to poorer nations cannot be open-ended, while Cuba, Iran and Zimbabwe blamed the West for the developing world's ills. Merkel's keynote speech on the second day of the UN Millennium De

Published 22 Sep, 2010 12:00am

Ahmadinejad, in UN address, says capitalism is dying

Iranian President Mahmoud Ahmadinejad on Tuesday told a UN General Assembly session on poverty that capitalism was on the verge of death and that it was time for a new economic system. "The discriminatory order of capitalism and the hegemonic approaches a

Published 22 Sep, 2010 12:00am

Relief works: Punjab government blamed for supporting JUD

Pakistan Peoples Party (PPP) Secretary Information Fauzia Wahab has alleged that the management of Punjab government is supporting and facilitating the defunct Jamat-ud-Dawa (JUD) by allowing it to participate actively in the on-going relief activities in

Published 22 Sep, 2010 12:00am

Gilani condemns human rights violation in IoK

Prime Minister Syed Yousuf Raza Gilani has strongly condemned the violation of human rights in Indian occupied Kashmir (IoK). To a point raised by Chairman Kashmir Committee Maulana Fazl-ur-Rehman on the floor of the National Assembly on Tuesday, the Prim

Published 22 Sep, 2010 12:00am

Match fixing scandal: government to take action against cricketers if found guilty, National Assembly told

The government will take severe action against cricketers if found involved in match fixing scandal. Federal Minister for Sports Ijaz Hussain Jakhrani expressed these views on Tuesday in the National Assembly while responding to Calling Attention Notice o

Published 22 Sep, 2010 12:00am

MNAs dissatisfied with relief works, Watan Cards distribution

Members of the National Assembly on Tuesday expressed dissatisfaction pertaining to the on-going relief activities and distribution of Watan Cards in flood affected areas, demanding of the government to take concrete measures to ensure transparency.

Published 22 Sep, 2010 12:00am

PPP Punjab ministers, CEC to hold meetings with Zardari

Pakistan Peoples Party ministers from Punjab and the party's Central Executive Committee will hold meetings with PPP co-chairman Asif Ali Zardari on Wednesday and Thursday, respectively in the Presidency to discuss major issues especially possible changes

Published 22 Sep, 2010 12:00am

Prime Minister orders cut in expenditures: Rs 200 billion to be mobilised, says Kaira

Minister for Information and Broadcasting Qamar Zaman Kaira on Tuesday said the Prime Minister has already given instructions to the authorities concerned to mobilise over Rs 200 billion through cut in development and non-development expenditure.

Published 22 Sep, 2010 12:00am

Bill to write off loan/bad debts under Rs one million referred to standing committee

The 'Banking Companies (Amendment) Bill, 2010 would empower the Boards of Directors of all banks operating under the umbrella of State Bank of Pakistan to write off loan/bad debts of individuals and banking companies with less than Rs 1 million.

Published 22 Sep, 2010 12:00am

920 Pakistanis in Indian jails, Senate informed

Foreign Ministry on Tuesday informed the Upper House of the Parliament that as many as 920 Pakistani prisoners, including 770 civilians, 132 fishermen and 18 missing defence personnel are detained in Indian jails. In a written reply, the Ministry informed

Published 22 Sep, 2010 12:00am

False report about Fazl and Swati's arrest: JUI senators demand action against private TV channel

Seriously reacting over a false report on a private TV channel about the arrests of JUI chief Maulana Fazl-ur-Rehman and Minister for Science and Technology Azam Khan Swati at Doha airport, the JUI Senators in the Upper House of the Parliament on Tuesday

Published 22 Sep, 2010 12:00am

Government urged to create fiscal space by curbing corruption: opposition Senators resist flood tax

Opposition Senators have strongly opposed the imposition of flood tax, urging the government to create fiscal space by reducing expenditures and curbing corruption in various institutions. Taking part in the debate, Senator Professor Khurshsid Ahmed said

Published 22 Sep, 2010 12:00am

Comprehensive security arranged for Parliament session

Islamabad Police have made comprehensive and elaborate security arrangements in the Federal Capital, intensifying them for the on-going Parliament Session. As a part of its security plan, Islamabad Police have ensured extra deployment of personnel at Parl

Published 22 Sep, 2010 12:00am

Partly Facetious: Understanding the difference between libel and slander

"I want to fire a few people."

Published 22 Sep, 2010 12:00am

New York cotton ends over $1/lb

Cotton futures closed Tuesday above $1 a lb for the first time in 15 years on fresh investment fund buying, tight supplies and strong demand in the market, analysts said. The key December cotton contract climbed 1.42 cents, up 1.43 percent on the day, to

Published 22 Sep, 2010 12:00am

US copper lower

US copper futures closed down on Monday, as investors took profits from earlier rise to five-month highs and looked ahead with caution toward new home sales data and a Federal Reserve policy meeting on Tuesday. Copper for December delivery fell 1.75 cents

Published 22 Sep, 2010 12:00am

Shanghai copper slides

Shanghai copper fell 0.7 percent on Tuesday as investors wound up positions ahead of a three-day holiday, but London was steadier, supported by strong Chinese imports and expectations of tight supply in the future, Benchmark third-month Shanghai copper fe

Published 22 Sep, 2010 12:00am

Copper ends lower

Copper drifted lower on Tuesday as investors were reluctant to make big bets ahead of a US Federal Reserve meeting that could herald an easing of monetary policy, which could undermine the dollar and boost metals. Three-month copper on the London Metal Ex

Published 22 Sep, 2010 12:00am

Tokyo rubber futures at five-month high

The most active contract on Tokyo rubber futures rose to its highest in almost five months on Tuesday as early gains in Japanese shares spurred fund buying. The benchmark rubber contract on the Tokyo Commodity Exchange, currently February 2011, settled up

Published 22 Sep, 2010 12:00am

Oil stays lower

Crude oil prices fell for the fifth time in six days on Tuesday, wilting amid high oil inventories and the Federal Reserve's continued concern about sluggish economic recovery. Crude futures extended losses right before the close of the oil's open outcry

Published 22 Sep, 2010 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 18	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 18 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 18 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 18 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 18 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 18 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 18 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 18 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 18 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 18 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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