News Archives for Print - 2010-11-10

Meezan Bank Limited (MEBL) is a publicly listed company, first incorporated on January 27, 1997. It is pioneers of Islamic banking in Pakistan and started its operations from March 2002. It started operations as an investment bank in August of the same ye

Published 10 Nov, 2010 12:00am

Bank: MEEZAN BANK LIMITED - Analysis of Financial Statements Financial Year 2003 - H Year 2010

Published 10 Nov, 2010 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Tuesday (November 09, 2010).

Published 10 Nov, 2010 12:00am

Member to Member

The following transactions member to member subsequently reported on Tuesday (November 09, 2010).

Published 10 Nov, 2010 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (November 09, 2010).

Published 10 Nov, 2010 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 10 Nov, 2010 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 10 Nov, 2010 12:00am

Indian firm offers wheat at $360 a tonne

India-based Emmsons International Limited made the lowest offer of $360 a tonne, including C&F liner out, in a Bangladesh tender to import 50,000 tonnes of wheat that opened on Monday, a food official said. The state grains buyer reissued the tender late

Published 10 Nov, 2010 12:00am

EU wheat subdued before USDA

Western European wheat markets were mostly subdued on Monday as demand was light and operators cautious ahead of a closely watched supply and demand report from the US government. "The market is going to remain very prudent before Tuesday's USDA report,"

Published 10 Nov, 2010 12:00am

Ivorian cocoa arrivals lower

Cocoa arrivals at ports in top grower Ivory Coast in October appeared to be lower than a year ago, according to data seen by Reuters, but exporters said the real figures were much higher as many had failed to declare beans because of shut downs for the co

Published 10 Nov, 2010 12:00am

Brazil Teapar sugar terminal boosting loading speed

The main sugar terminal at Brazil's port of Paranagua has received a new shiploader that will speed up the loading of bagged sugar by 60 percent, Marcon Devas, the company which runs the operation, said on Monday. The equipment, which is now being tested,

Published 10 Nov, 2010 12:00am

USDA forecasts get scrutiny as corn supply tightens

The US Agriculture Department will issue a new estimate of the shrinking US corn crop on Tuesday to a backdrop of market scepticism that its vaunted survey methods are falling short this year. USDA cut its forecast of corn yields by a sharp 4 percent in O

Published 10 Nov, 2010 12:00am

France raises maize, sugar beet crop estimates

The French farm ministry on Monday raised slightly its output forecasts for this year's maize and sugar beet harvests, but the new estimates were still about 10 percent below 2009 production levels. Maize grain output was now seen at 13.6 million tonnes,

Published 10 Nov, 2010 12:00am

Brazilian October coffee exports hit all-time record

Brazil's coffee exports reached an all-time record in October, climbing 21 percent to 3.11 million bags from 2.57 million bags in the same month last year, the Council of Green Coffee Exporters said on Monday. The now-finished 2010 harvest was a high-outp

Published 10 Nov, 2010 12:00am

US corn futures end lower

US corn futures closed lower on Monday on light fund selling, tied to profit-taking, ahead of the release early on Tuesday of USDA's November crop reports. Firm dollar also weighs. CBOT December down 2-1/2 cents per bushel at $5.85-1/4 per bushel. Funds s

Published 10 Nov, 2010 12:00am

US wheat futures rise

US wheat futures rose for the third straight trading session on Monday amid concerns about dry weather in key growing areas of the United States limiting crop size and further tightening the world supply situation, traders said.

Published 10 Nov, 2010 12:00am

FOB Gulf corn premiums weak

Corn export premiums at the US Gulf Coast were flat to lower on Monday amid generally sluggish demand, while soyabean premiums were supported by solid demand from China, traders said. Trade subdued ahead of Tuesday's US Agriculture Department monthly crop

Published 10 Nov, 2010 12:00am

Activity at Karachi and Qasim ports

The activities were ended during the last 24 hours on Tuesday at the Karachi Port are as under: A total number of nine vessels namely Red Sea Sprit, Ocean Island, H S Bruckner, Al Mirqab, Toumeh, Energy Progress, Dae Woo Diamond, Houyoshi Express and Neel

Published 10 Nov, 2010 12:00am

Vietnam to tighten rice export procedures in 2011

Vietnam is to tighten rice export procedures from next year, requiring exporters to have sufficient storage capacity and milling facilities, at a time when firms with some foreign ownership will be allowed to enter the sector. From January 1, 2011, rice e

Published 10 Nov, 2010 12:00am

Open interest hits record at MGEX on wheat demand

Open interest in futures and options contracts at MGEX hit a record high on Friday as a recent rally in wheat prices has sparked investor enthusiasm for the commodity. Open interest - which measures the number of futures positions not yet off-set with a b

Published 10 Nov, 2010 12:00am

US Midwest bids steady to firm

Corn and soyabean spot basis bids were mostly steady to firm at US Midwest processors and elevators early on Monday as farmers delayed sales of both commodities and futures drifted lower overnight. Soya bids eased at river terminals following a spike in b

Published 10 Nov, 2010 12:00am

China raises expectations of more rate rises

China signalled its intention on Tuesday to drain excess cash from its financial system by unexpectedly raising the yield on bills at a central bank auction and announcing new rules to curb hot money inflows. One of the measures directed against inflows -

Published 10 Nov, 2010 12:00am

Oil demand to rise for 25 years despite green push: IEA

Oil demand and price are set to grow strongly over the next 25 years despite environmental policies, essentially dooming climate-change goals, the International Energy Agency forecast on Tuesday. Slightly more than a third of the new demand would come fro

Published 10 Nov, 2010 12:00am

Migrant workers sent home $325 billion in 2010: World Bank

Migrants are continuing to send sizeable sums of money to their home countries despite the economic downturn, with 2010 remittances totalling some 325 billion dollars, a World Bank report said Monday. The 2010 remittances represent a six percent increase

Published 10 Nov, 2010 12:00am

Big banks set to pay more into FDIC fund

Large banks would be required to pay more into the government fund used to cover the cost of seizing failed banks under a proposal approved by US regulators on Tuesday. Bank of America, J.P. Morgan Chase & Co and Citigroup combined would pay about $1 bill

Published 10 Nov, 2010 12:00am

Job openings decline

US job openings declined modestly in September from the prior month, government data showed on Tuesday, while the job openings rate dipped. Job openings, a measure of labour demand, fell 163,000 to a seasonally adjusted 2.9 million, the Labour Department

Published 10 Nov, 2010 12:00am

US wholesale inventories surge

US wholesale inventories jumped more than expected in September as demand failed to keep up with production, suggesting output will remain soft as wholesalers try to trim stocks of unsold goods. Inventories surged 1.5 percent, matching a July gain that wa

Published 10 Nov, 2010 12:00am

Bangladesh caps microcredit interest rates

Microfinance lending pioneer Bangladesh plans to cap the industry's interest rates amid criticism that for-profit groups are demanding excessive payments from poor borrowers, an official said Tuesday. Muhammad Yunus, who created the microfinance concept a

Published 10 Nov, 2010 12:00am

Goldman fined over slow Wells notice disclosures

A US regulator fined Goldman Sachs Group Inc $650,000 for being too slow to reveal that two employees, including a central figure in a high-profile fraud lawsuit, might face civil charges from the US Securities and Exchange Commission. In imposing the fin

Published 10 Nov, 2010 12:00am

Cuba unveils plans for future

Cuba in future will be a country that promotes foreign investment, expands the private sector and dutifully pays off its debts, according to a proposal revealed on Monday by the ruling Communist party. But it will not renounce the socialist system install

Published 10 Nov, 2010 12:00am

EU trade chief attacks protectionism

Europe's trade chief launched a broadside against protectionism Tuesday, calling for a global trade deal next year and measures to retaliate against closed markets in emerging powers such as China. "Europe rejects protectionism," European Trade Commission

Published 10 Nov, 2010 12:00am

UK house prices fall, manufacturing growth slows

British house prices fell last month at their fastest pace in 18 months and manufacturing growth slowed, according to data on Tuesday that flagged the risk of a sharp slowdown in the coming months. Disappointing trade data and a downbeat assessment from t

Published 10 Nov, 2010 12:00am

Qatar launches newest petrochemical plant

Qatar will become the Middle East's first producer of the petrochemical normal alpha olefins (NAO) with the launch of the newest petrochemical plant, QChem II, a senior executive said at a plant launch on Tuesday. QChem II is a joint venture between Qatar

Published 10 Nov, 2010 12:00am

UK trade push into China yields Rolls-Royce deal

British Prime Minister David Cameron's efforts to double trade with China by 2015 received a boost on Tuesday when aero-engine maker Rolls-Royce won a $1.2-billion order from China Eastern Airlines. Cameron, making his first visit to the Asian powerhouse

Published 10 Nov, 2010 12:00am

US bills get strong bid, short rates steady

US short-term rates were steady at low levels on Tuesday, anchored by the Federal Reserve's accommodative monetary policy. The US Treasury's auction of $25 billion in four-week bills resulted in a high rate of 0.105 percent, with 14.64 percent of the bids

Published 10 Nov, 2010 12:00am

Swiss franc up versus euro

The Swiss franc gained against the euro on Tuesday due to its safe haven appeal as the single currency slipped across the board on concerns about rising borrowing costs, particularly in Ireland. "We view EURCHF as the best vehicle to express the view that

Published 10 Nov, 2010 12:00am

Indian rupee higher

The Indian rupee edged higher in late trade on Tuesday in line with the euro, which erased earlier losses, while gains in domestic shares and dollar inflows towards Power Grid Corp's share sale also helped. The partially convertible rupee closed at 44.31/

Published 10 Nov, 2010 12:00am

Euro falls, yen up in Asia

The euro's losses deepened on Tuesday as resurfacing concerns about peripheral eurozone debt kept it under pressure, and as some players closed long euro plays against the dollar ahead of year-end book-closing. The euro fell to its lowest in over a week a

Published 10 Nov, 2010 12:00am

Euro recovers in London

The euro erased early losses against the dollar on Tuesday as Asian accounts bought on dips and caught speculative players by surprise, but the shared currency was weighed by peripheral eurozone debt concerns. The euro initially fell to its lowest in more

Published 10 Nov, 2010 12:00am

Early trade in New York: Euro struggles

The euro struggled for a third straight session on Tuesday, swinging from gains to losses as investors worried about Irish and Portuguese debt and hedged sizeable bets against the US dollar. Heavy Asian and Middle Eastern buying helped lift the euro off a

Published 10 Nov, 2010 12:00am

Euro stays down in New York

The euro fell against the US dollar for a second straight session on Monday as budget problems in Ireland and eurozone debt issues prompted investors to seek safety in the greenback. The euro, which fell Friday after a stronger-than-expected US jobs repor

Published 10 Nov, 2010 12:00am

Sterling rallies versus euro

Sterling rallied to its highest in six weeks versus the euro on Tuesday as peripheral debt concerns dogged the common currency, but further gains for the pound were capped ahead of Wednesday's Bank of England inflation report. The euro struggled as worrie

Published 10 Nov, 2010 12:00am

New Zealand, Aussie dollar up versus euro

The New Zealand dollar shed nearly 1 percent on Tuesday after a report that the United States had stopped importing kiwi-fruit vine from New Zealand, giving investors a reason to sell into the currency's recent rally. Against the US currency, the Australi

Published 10 Nov, 2010 12:00am

Yuan sees biggest intraday swings since revaluation

China's yuan experienced its most volatile day of trading on Tuesday since the 2005 revaluation, tumbling on tighter bank requirements for holding foreign exchange and later jumping back to gain 0.5 percent. The yuan initially slid in afternoon trade as b

Published 10 Nov, 2010 12:00am

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 70.35/70.35 (previous 70.30/70.35) Call Money Rates: 4.75-7.50 percent (previous 4.50-6.50 percent.

Published 10 Nov, 2010 12:00am

Taiwan dollar nearly flat

The Taiwan dollar closed nearly flat on Tuesday as the latest in a succession of dramatic central bank moves kept prices in a tight range after a session of aimless trade dominated by a broadly stronger US currency. Taiwan's currency ended at T$30.630 per

Published 10 Nov, 2010 12:00am

Asian currencies stable

Most emerging Asian currencies cut early losses to stabilised against the dollar on Tuesday, as dealers squared up positions ahead of a Group of 20 leaders' meeting in Seoul later this week. A stronger fixing for the yuan jolted some regional currencies,

Published 10 Nov, 2010 12:00am

Army Hockey Championship: Lahore Zone, Quetta Zone draw in opening match

Opening match of Army Hockey Championship organised by Lahore Corps was played here Tuesday between Lahore Zone and Quetta Zone in National Hockey Stadium Lahore and both teams scored two goals each. Waqar Zafar of Lahore Zone and Nadeem Sarwar Quetta Zon

Published 10 Nov, 2010 12:00am

South Africa win ODI series

All-rounder Jacques Kallis scored a brilliant half-century and took three wickets to guide South Africa to a commanding 57-run win over Pakistan in the fifth and final one-day international here on Monday. The 35-year-old scored 83 - one of four half-cent

Published 10 Nov, 2010 12:00am

Navy stun Wapda in Premier Football League

Pakistan Navy obstructed Wapda's run of 16 victory with sensational 1-0 win at Railway Stadium, to jump to 5th place in Pakistan Premier Football League on Tuesday. In another match, Young Blood FC earned their 11th point when they drew 2-2 with PAF. It p

Published 10 Nov, 2010 12:00am

Adnan Akmal, Haeez named in Test squad

Pakistan Cricket Board (PCB) has announced inclusion of two players namely wicketkeeper Adnan Akmal and all rounder Muhammad Hafeez in the national squad for the Test series against South Africa. Adnan Akmal, the elder brother of Umar Akmal and younger br

Published 10 Nov, 2010 12:00am

Cricket World Cup on display as countdown begins

The cricket World Cup trophy was displayed by South African players Morne Morkel and Dale Steyn in the Dubai aquarium as the 100-day countdown to the event began here Tuesday. Morkel and Steyn, who were later joined by members of the South African and Pak

Published 10 Nov, 2010 12:00am

Shahbaz offers fateha at Allama Iqbal Mazar

Punjab Chief Minister Shahbaz Sharif on Tuesday visited the Mazar of Hazrat Allama Muhammad Iqbal, and laid a flower wreath and also offered Fateha. Special prayers were offered on this occasion for the progress and prosperity of the country. The Chief Mi

Published 10 Nov, 2010 12:00am

Baber Awan pays tributes to Allam Iqbal

Federal Law Minister, Dr Babar Awan paid rich tributes to Allama Iqbal for his thought provoking poetry and philosophy, which gave courage to the Muslims to fight for their rights. The minister has urged the people to act upon the vision of Allama Muhamme

Published 10 Nov, 2010 12:00am

Pakistan Navy pays homage to Allama Iqbal

Pakistan Navy organised change of guard ceremony to pay homage to national poet and great philosopher Allama Dr Muhammad Iqbal at Mazar-e-Iqbal in a befitting manner here on Tuesday. Pakistan Navy contingent assumed guard duties at the mazar of Allama Iqb

Published 10 Nov, 2010 12:00am

Chief minister Punjab for strengthening democracy in country

Punjab Chief Minister, Shahbaz Sharif has said Muslim League leadership wants to strengthen democracy in the country. He was speaking at Al-Hamra Hall on the occasion of 133rd birth anniversary of Dr Allama Iqbal on Tuesday.

Published 10 Nov, 2010 12:00am

Homage paid to Allama Iqbal

Vice-Chancellor Punjab University Professor Dr Mujahid Kamran has said that our national poet Allama Muhammad Iqbal, through his soul-lifting poetry, paved the way for bringing into existence of Pakistan, the first atomic power of the Muslim world, for wh

Published 10 Nov, 2010 12:00am

Iqbal Day celebrated with enthusiasm

The birth anniversary of great philosopher and poet, Allama Dr Sir Muhammad Iqbal was celebrated with usual zeal and enthusiasm in the city and other parts of Sialkot district on Tuesday, November 9. The daylong programmes started with special prayers in

Published 10 Nov, 2010 12:00am

Salim Saifullah pays tributes to Allama Iqbal

Chairman of Senate Standing Committee on Foreign Affairs, Kashmir and Gilgit-Baltistan Senator Salim Saifullah Khan has said that the dream of Allama Iqbal was a great blessing for the Muslims of the sub-continent. In his message on the birth anniversary

Published 10 Nov, 2010 12:00am

'Pepco meets entire industry's energy needs'

The Managing Director Pakistan Electric Power (Pepco) Rasul Khan Mahsud has said that there is no load shedding for the industry and the Pepco is meeting entire industry power requirements. He was talking to an eleven-member delegation of Steel Melters As

Published 10 Nov, 2010 12:00am

KBP urges millers to start sugarcane crushing

Kisan Board of Pakistan (KBP) has urged those sugar mill owners who are part of any federal or provincial governments to immediately start crushing season to provide sugar to the consumers at low prices and to prove their sincerity with the masses.

Published 10 Nov, 2010 12:00am

Zero-rating facility under RGST: leather industry urges government to remove confusion

The leather industry has urged the government to remove confusion under the 'reformed GST' system regarding the facility of zero rated sales tax, already available to the export-oriented sectors including textile, leather, carpets, sports goods and surgic

Published 10 Nov, 2010 12:00am

'People need to be united to get rid of government'

President Pakistan Muslim League-Q Punjab Choudhry Pervez Elahi has said people of the country need to be united in order to get rid of the present government and taking the country on right direction. The PML-Q leadership and its workers were united and

Published 10 Nov, 2010 12:00am

PARTLY FACETIOUS: Zardari is PPP and PPP is Zardari

"So Sonia Gandhi is to India what Asif Ali Zardari is to Pakistan."

Published 10 Nov, 2010 12:00am

South East Asian markets: Indonesian shares hit all-time high

Indonesian shares set an all-time high on Tuesday, helped by demand for coal miners, but the region turned generally cautious, worrying that any sustained US dollar rebound may cap demand for Asian risk assets. Thai stocks eased 0.2 percent after an early

Published 10 Nov, 2010 12:00am

Nikkei average lower

Japan's Nikkei average edged down on Tuesday as investors pocketed profits following a more than 6 percent jump over the previous four sessions, with eyes shifting to US economic data to gauge the strength of the recovery. The Nikkei was confined to a nar

Published 10 Nov, 2010 12:00am

Tuesday's midday trade: stocks edge lower

US stocks edged lower on Tuesday, even as a gold index surged to all-time highs with investors again pouring money into the safe-haven commodity. An index of gold and silver miners' shares gained 1.9 percent and hit an all-time high. Shares of Barrick Gol

Published 10 Nov, 2010 12:00am

Wall Street retreats

Wall Street retreated from a two-year high on Monday, weighed down by financial stocks and a stronger dollar. The broad S&P 500 has risen five straight weeks, supported by the Federal Reserve's plan to buy $600 billion of Treasuries to lower interest rate

Published 10 Nov, 2010 12:00am

Indian shares rise

Indian shares edged up 0.4 percent on choppy Tuesday propped up by firm European equities, despite State Bank of India posting its biggest single-day loss in nine months a day after the top lender's quarterly earnings missed forecasts. European shares edg

Published 10 Nov, 2010 12:00am

Treasuries slip

US Treasuries prices slipped on Monday as traders cut prices amid new supply, but 30-year bonds, which took a drubbing in recent weeks, outperformed shorter-term issues as traders finally found some relative value in the long-dated instrument.

Published 10 Nov, 2010 12:00am

Treasuries slip

Published 10 Nov, 2010 12:00am

Seoul shares eke out gains

Seoul shares eked out 0.3 percent gain on Tuesday, with KT Corp and Samsung Fine Chemical underpinning the market, but technology and banking issues declined amid investor caution before the G20 meeting in Seoul. The Korea Composite Stock Price Index ende

Published 10 Nov, 2010 12:00am

Shanghai and Hong Kong shares dip

Shanghai and Hong Kong shares eased from overbought levels on Tuesday after signs China's central bank intended to crack down on hot money inflows led to profit-taking, particularly in financials. The central bank unexpectedly raised one-year bill yields

Published 10 Nov, 2010 12:00am

Miners push European shares to two-year high

European shares closed at their highest level in more than two years on Tuesday, boosted by fresh corporate earnings reports and improved hopes that the global economic recovery is sustainable. The pan-European FTSEurofirst 300 index of top shares closed

Published 10 Nov, 2010 12:00am

UK's top share index rises

Britain's leading shares closed higher on Tuesday boosted by results from Barclays, Schroders and Associated British Foods. The FTSE 100 closed up 25.23 points, or 0.4 percent, at 5,875.19, after closing down 0.4 percent on Monday. The index is up 8.5 per

Published 10 Nov, 2010 12:00am

Taiwan, Philippine moves latest in Asia's hot money war

Taiwan on Tuesday slapped a cap on bond investments by foreigners while traders in Philippines said the central bank had exacerbated a local dollar shortage, highlighting Asian policymakers' worries about foreign capital inflows.

Published 10 Nov, 2010 12:00am

Warsaw bourse shines in 2010 last major debut

Shares in the Warsaw Stock Exchange jumped by a fifth from the issue price on Tuesday at their market debut, in the last major initial public offering of a state-owned company this year. After an 18 percent jump at the market open, the price continued to

Published 10 Nov, 2010 12:00am

Security Council reform should not stop with India: Brazil

Brazil on Tuesday welcomed US President Barack Obama's support of India's bid for a permanent seat on the UN Security Council, but called for the elite decision-making body to include other emerging countries as well. "It is very positive that President O

Published 10 Nov, 2010 12:00am

US vows to tackle racism, treat all prisoners humanely

The United States promised on Tuesday to tackle racial discrimination and treat prisoners humanely in its jails at home and abroad, in line with recommendations by the UN Human Rights Council. A US delegation, responding to 228 recommendations made by oth

Published 10 Nov, 2010 12:00am

Obama leads world chorus against Israel plan

US President Barack Obama led world powers on Tuesday in criticising Israel's decision to build 1,300 settler homes in east Jerusalem, warning it risks wrecking an already fragile peace process with the Palestinians. "This kind of activity is never helpfu

Published 10 Nov, 2010 12:00am

Obama says G20 needs system for balanced growth

US President Barack Obama said the Group of 20 nations still had a lot of work to do on the world economy and had not yet achieved a framework for balanced growth. Obama's comments, after a meeting with the president of G20 member Indonesia in Jakarta on

Published 10 Nov, 2010 12:00am

World 'must recognise Palestinian state' as reply to Israel

Palestinians on Tuesday urged the international community to immediately recognise a Palestinian state in response to Israel's decision to build 1,300 new east Jerusalem settler homes. "This latest unilateral Israeli act necessitates dramatic internationa

Published 10 Nov, 2010 12:00am

Nuclear convoy ends five-day trek in Germany

German police cleared roadblocks and carried off protesters to enable a convoy of nuclear waste from France to reach a German storage site on Tuesday, ending a tortuous five-day odyssey. After days of largely peaceful stand-offs between anti-nuclear demon

Published 10 Nov, 2010 12:00am

Jordan votes in poll boycotted by Islamists

Jordanians voted on Tuesday in a parliamentary election boycotted by the influential Muslim Brotherhood and liberal groups in protest at an election law they say erodes democracy. Analysts expect the poll to produce a compliant parliament ready to support

Published 10 Nov, 2010 12:00am

Afghanistan drops charges against Karzai aide

The Afghan government has dropped corruption charges against a top aide to President Hamid Karzai who was indicted by a US-backed task force for taking a bribe, an official said Tuesday. Mohammad Zia Salehi, a senior official in Karzai's National Security

Published 10 Nov, 2010 12:00am

China stops blocking harsh North Korea report: UN envoys

After months in limbo due to Chinese objections, a UN report suggesting North Korea may have supplied Syria, Iran and Myanmar with banned nuclear technology is heading to the Security Council. The latest report by the so-called Panel of Experts on Pyongya

Published 10 Nov, 2010 12:00am

Myanmar army-backed party sweeps election

Myanmar's biggest military-backed party won the country's first election in 20 years by a landslide on Tuesday after a carefully choreographed vote denounced by pro-democracy parties as rigged to preserve authoritarian rule. Opposition parties conceded de

Published 10 Nov, 2010 12:00am

Private security firms sign global code of conduct

Nearly 60 private security firms deployed in war zones, including the former Blackwater, pledged on Tuesday to curb their use of force, vet and train personnel, and report any breaches, officials said. An international code of conduct setting down the fir

Published 10 Nov, 2010 12:00am

Jailed Libyan reporters freed

A group of Libyan journalists arrested as part of an apparent power struggle inside the ruling elite have been released on the instructions of Libyan leader Muammar Gaddafi, their employer said on Tuesday. The arrested journalists work for a media group f

Published 10 Nov, 2010 12:00am

Bush defends legacy in new memoir

George W. Bush, all but invisible since he left the White House nearly two years ago, reclaimed the spotlight Tuesday with the release of a memoir defending his "war on terror" and the Iraq invasion. "Decision Points" appears a week after the momentous No

Published 10 Nov, 2010 12:00am

Interpol approves new hi-tech crime centre in Singapore

The global police organisation Interpol approved at its general assembly in Qatar on Tuesday the creation of a new Singapore-based anti-crime centre. The so-called Global Complex reflects "the continuation of our culture of innovation and is the next step

Published 10 Nov, 2010 12:00am

Tokyo rubber at 30-year high, Shanghai at record

Key Tokyo rubber futures climbed to a fresh 30-year high and Shanghai futures scored a record high on Tuesday on concerns over tight supply and strength in other commodities. The key Tokyo Commodity Exchange rubber contract for April delivery rose as much

Published 10 Nov, 2010 12:00am

Liffe sugar sets record high

Liffe December white sugar ended $24.30 higher at $805.00 per tonne on Tuesday after earlier rising to a record high for the front month of $812.90. Fund buying against the backdrop of a tightening supply outlook helping to fuel the run-up in prices. Liff

Published 10 Nov, 2010 12:00am

US soyabeans fall

Chicago Board of Trade soyabean futures closed lower on Monday after extending a near-17-month high, dragged down by a bounce in the dollar and positioning ahead of a key US government crop report on Tuesday. Analysts expect USDA on Tuesday to raise its e

Published 10 Nov, 2010 12:00am

Arabicas at 13-year peak

Arabica coffee futures powered to a 13-year top, propped up by tight bean supplies from Colombia and worries over excessive rains in major producer Vietnam. Raw sugar edged up to end at a fresh 30-year high as the market extended an impressive rally that

Published 10 Nov, 2010 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 19	278.08
USD PKR Interbank Buying / Sep 19	277.78
USD to Japanese Yen / Sep 19	142.08
USD to Swiss Franc / Sep 19	0.85
Pound Sterling to USD / Sep 19	1.33
Euro to USD / Sep 19	1.12

Stock	Volume
S&P 500 / Sep 19	5,713.64
India Sensex / Sep 19	82,948.23
Tokyo Nikkei / Sep 19	37,935.58
Nasdaq / Sep 19	18,013.98
Hang Seng / Sep 19	18,316.86
FTSE 100 / Sep 19	8,328.72
Dow Jones / Sep 19	42,025.19
Germany DAX 30 / Sep 19	19,002.38

Item	Value
Crude Oil USD/Barrel / Sep 19	72.01
Karachi Cotton PKR/37.32 KG / Sep 19	18,935
Gold 10 Grams PKR / Sep 19	230,195
Gold Spot USD/Ounce / Sep 19	2,592.50
Cotton US¢/pound / Sep 19	73.05
Petrol/Litre / Sep 20	249.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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