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Print - 2010-12-12
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
THE RUPEE: dollar turns mixed

THE RUPEE: dollar turns mixed

Mixed trend was again witnessed on the currency market on Saturday in process of trading, dealers said. The rupee shed five paisa against dollar for buying at 85.80 and lost four paisa for selling at 85.84, they said. At the weekend the US dollar pared ga
Published 12 Dec, 2010 12:00am
THE RUPEE: dollar turns mixed

THE RUPEE: dollar turns mixed

Mixed trend was again witnessed on the currency market on Saturday in process of trading, dealers said. The rupee shed five paisa against dollar for buying at 85.80 and lost four paisa for selling at 85.84, they said. At the weekend the US dollar pared ga
Published 12 Dec, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (December 11, 2010).
Published 12 Dec, 2010 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (December 11, 2010).

Published 12 Dec, 2010 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (December 11, 2010).

Published 12 Dec, 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 12 Dec, 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 12 Dec, 2010 12:00am
Prices bounce sharply on cotton market

Prices bounce sharply on cotton market

Upward march re-emerged on the cotton market on Saturday in the process of speculative buying, dealers said. The Karachi Cotton Association (KCA) spot rate was raised by Rs 300 to Rs 9,100. Seed cotton prices in Sindh and Punjab were unchanged at Rs 4000-
Published 12 Dec, 2010 12:00am
Grams prices turn lower on grain market

Grams prices turn lower on grain market

Grams and makai prices were sharply lower on the grams side on the wholesales grain market on Saturday as sellers were trying to sell all unsold before the new arrivals, dealers said. On the grams side grams Australia was sharply lower by Rs 250 to Rs 510
Published 12 Dec, 2010 12:00am
US Midwest corn, soyabeans bids ease

US Midwest corn, soyabeans bids ease

Spot basis bids were flat for US Midwest corn and soyabeans on Friday as farmers remained on the sidelines and future for both commodities eased, grain merchants said. Farmers are content to defer sales until a new tax year unless prices rise above highs
Published 12 Dec, 2010 12:00am
Fast EU wheat exports empty silos and boost prices

Fast EU wheat exports empty silos and boost prices

The fast pace of West European wheat exports, partly due to Russia's pullout from the market, has emptied UK silos and put France on track for record sales, and the bullish trend should last as operators ration supplies. Euronext wheat prices surged over
Published 12 Dec, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 94,592 tonnes of cargo including 69,634 tonnes of import cargo, 24,958 tonnes of export cargo, 4,094 loaded and empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 69,634 tonnes compris
Published 12 Dec, 2010 12:00am
Argentine soya sowing edges on, rain needed

Argentine soya sowing edges on, rain needed

Soya sowing inched forward in Argentina this week where soil moisture levels allowed, but some crops are germinating slowly in parched fields, the government said on Friday. Argentina is the world's No 3 soyabean exporter and the government has forecast 2
Published 12 Dec, 2010 12:00am
Indonesia to boost low-quality coal output in 2-3 years

Indonesia to boost low-quality coal output in 2-3 years

Indonesia, the world's largest thermal coal exporter, expects production of low-quality coal to surge in coming years, though technology constraints on turning it into high-grade fuel may limit sales, the Indonesian Coal Mining Association said on Friday.
Published 12 Dec, 2010 12:00am
France wants broad debate to push G20 goals: Lagarde

France wants broad debate to push G20 goals: Lagarde

France wants a wide international debate as it takes over the G20 presidency to drive its plans for an overhaul of the global monetary system and economic governance, Economy Minister Christine Lagarde said on Saturday. Lagarde told a meeting of some of F
Published 12 Dec, 2010 12:00am
South Korean bonds rise

South Korean bonds rise

South Korean government bond prices bucked earlier weakness to close firmer on Friday, supported by a late bout of foreign buying in thin trade. The market opened lower, pausing after sharp swings earlier in the week and in response to the Bank of Korea's
Published 12 Dec, 2010 12:00am
South Korean bonds rise

South Korean bonds rise

South Korean government bond prices bucked earlier weakness to close firmer on Friday, supported by a late bout of foreign buying in thin trade. The market opened lower, pausing after sharp swings earlier in the week and in response to the Bank of Korea's
Published 12 Dec, 2010 12:00am
JGBs jump on bargain hunting

JGBs jump on bargain hunting

Japanese government bonds rallied on Friday, with the benchmark yield posting its biggest one-day decline in two years, as a surge in US yields paused and allowed the market to take back ground lost after a week of heavy losses. The bounce in US Treasurie
Published 12 Dec, 2010 12:00am
JGBs jump on bargain hunting

JGBs jump on bargain hunting

Japanese government bonds rallied on Friday, with the benchmark yield posting its biggest one-day decline in two years, as a surge in US yields paused and allowed the market to take back ground lost after a week of heavy losses. The bounce in US Treasurie
Published 12 Dec, 2010 12:00am
IPO VIEW: Made in China? US tech investors want your stock

IPO VIEW: Made in China? US tech investors want your stock

US investors seem to have an insatiable appetite for new Chinese tech stocks, and some analysts wonder if the great tech bubble of the late 1990s is repeating itself. Online video company Youku.com Inc, sometimes referred to as the YouTube of China, sold
Published 12 Dec, 2010 12:00am
Toronto stocks advance

Toronto stocks advance

Toronto's main stock index closed higher on Friday after bullish economic data at home and abroad boosted confidence and lifted heavily weighted financial and resource stocks. The index's financial sector finished the day up 0.9 percent, energy was up 0.2
Published 12 Dec, 2010 12:00am
Crowded junk bond market faces bumpier 2011

Crowded junk bond market faces bumpier 2011

High-yield corporate bonds are unlikely to repeat this year's rosy performance in 2011 as inflation threats and a stronger appetite among companies to releverage pose risks to what many see as a crowded market. The typical underperformance of corporate de
Published 12 Dec, 2010 12:00am
Crowded junk bond market faces bumpier 2011

Crowded junk bond market faces bumpier 2011

High-yield corporate bonds are unlikely to repeat this year's rosy performance in 2011 as inflation threats and a stronger appetite among companies to releverage pose risks to what many see as a crowded market. The typical underperformance of corporate de
Published 12 Dec, 2010 12:00am
Treasuries fall

Treasuries fall

US Treasuries fell in price on Friday, capping a week of very aggressive selling, spurred by the outlook for better economic growth, leaving the downtrend of the past six weeks intact. Bond dealers also sold Treasuries to lock in yields on the corporate b
Published 12 Dec, 2010 12:00am
Treasuries fall

Treasuries fall

US Treasuries fell in price on Friday, capping a week of very aggressive selling, spurred by the outlook for better economic growth, leaving the downtrend of the past six weeks intact. Bond dealers also sold Treasuries to lock in yields on the corporate b
Published 12 Dec, 2010 12:00am
Latam stocks hurt by China tightening fears

Latam stocks hurt by China tightening fears

Latin American stocks dipped on Friday, hurt by expectations that China could soon move to tighten borrowing costs, even as Brazilian and Mexican indexes carved out modest gains. The MSCI Latin American stocks index dipped 0.11 percent, bringing its weekl
Published 12 Dec, 2010 12:00am
US Treasury outlook: 10-year notes may outperform shorter maturities

US Treasury outlook: 10-year notes may outperform shorter maturities

Ten-year Treasuries may outperform shorter-dated maturities in coming weeks, flattening parts of the yield curve, after yields on the benchmark notes jumped substantially in this week's selloff. Treasury prices fell in volatile trade across the curve afte
Published 12 Dec, 2010 12:00am
US Treasury outlook: 10-year notes may outperform shorter maturities

US Treasury outlook: 10-year notes may outperform shorter maturities

Ten-year Treasuries may outperform shorter-dated maturities in coming weeks, flattening parts of the yield curve, after yields on the benchmark notes jumped substantially in this week's selloff. Treasury prices fell in volatile trade across the curve afte
Published 12 Dec, 2010 12:00am
Chinese bond yields edge up

Chinese bond yields edge up

China's benchmark government bond yields mostly edged higher on Friday, as jitters prevailed over the central bank's next move to tighten policy and ahead of expected high November inflation figures this weekend. Traders said expectations that last month'
Published 12 Dec, 2010 12:00am
Chinese bond yields edge up

Chinese bond yields edge up

China's benchmark government bond yields mostly edged higher on Friday, as jitters prevailed over the central bank's next move to tighten policy and ahead of expected high November inflation figures this weekend. Traders said expectations that last month'
Published 12 Dec, 2010 12:00am
S&P holds key level since Lehman collapsed in 2008

S&P holds key level since Lehman collapsed in 2008

US stocks rose on Friday, with the S&P 500 at its highest level since the week Lehman Brothers collapsed in 2008, and breaching technical levels that suggest the year-end rally will persist. Indexes closed near session highs with the Nasdaq Composite up f
Published 12 Dec, 2010 12:00am
Canadian dollar ekes out gain versus counterpart

Canadian dollar ekes out gain versus counterpart

The Canadian currency eked out a small gain against the US dollar on Friday, trapped in the tightest trading range in several weeks and uninspired by firmer equity markets and data that showed the country's trade deficit shrank in October. The currency re
Published 12 Dec, 2010 12:00am
Speculators cut bets versus dollar again

Speculators cut bets versus dollar again

Currency speculators trimmed bets against the dollar for a fifth straight week and more than doubled bets against the euro, data from the Commodity Futures Trading Commission showed on Friday. The value of the dollar's net short position edged down to $8.
Published 12 Dec, 2010 12:00am
Dollar pares gains versus euro as Trichet chimes in

Dollar pares gains versus euro as Trichet chimes in

The US dollar pared gains against the euro on Friday after the head of the European Central Bank said euro zone recovery was on track, but an improving economic outlook should keep the greenback firm. The euro came back after ECB President Jean-Claude Tri
Published 12 Dec, 2010 12:00am
Kenyan shilling

Kenyan shilling

The Kenyan shilling weakened against the dollar on Friday due to position squaring by interbank players ahead of a long weekend. The commercial banks quoted the shilling at 80.55/65 compared with Thursday's close of 80.50/60.
Published 12 Dec, 2010 12:00am
Key Euribor rates tick lower

Key Euribor rates tick lower

Key euro-priced bank-to-bank lending rates fell slightly on Friday, as the typically tense end-of-year deadlines approached for money markets. The three-month Euribor rate - traditionally the main gauge of unsecured interbank euro lending and a mix of int
Published 12 Dec, 2010 12:00am
Forex outlook: Euro to drop

Forex outlook: Euro to drop

The euro should extend losses against the dollar next week as a meeting of European Union leaders will likely heighten concerns about deepening divisions within the bloc over how to solve its debt crisis. The euro slipped toward $1.3150 on Friday and ende
Published 12 Dec, 2010 12:00am
Blazevic to coach China Olympic squad

Blazevic to coach China Olympic squad

China named Croatia's Miroslav Blazevic the new head coach of its Olympic soccer team on Saturday, state media reported. The Chinese Football Association (CFA) is bringing Blazevic in after the team's poor performance at the Asian Games in Guangzhou last
Published 12 Dec, 2010 12:00am
PFF condoles death of former footballer

PFF condoles death of former footballer

Pakistan Football Federation (PFF) has condoled the death of former Pakistan football team's captain Sheikh Ghulam Rabbani who died in Karachi on Saturday. Rabbani was a member of PFF Selection Committee and he also launched PIA Football team in late 60s.
Published 12 Dec, 2010 12:00am
No thought of quitting despite Ashes pains: Ponting

No thought of quitting despite Ashes pains: Ponting

Ricky Ponting may be just one Test defeat away from becoming the first Australian captain in 120 years to lose three Ashes series but he is not entertaining any retirement thoughts. Ponting, who turns 36 on December 19, has not been at the top of his form
Published 12 Dec, 2010 12:00am
Japan dominate first day of judo Grand Slam

Japan dominate first day of judo Grand Slam

World champion Yuka Nishida spearheaded Japan's challenge on the opening day of the Grand Slam Tokyo judo tournament on Saturday, as the host nation won four titles out of four on offer. Nishida, a surprise winner over defending champion Misato Nakamura a
Published 12 Dec, 2010 12:00am
Original rules of basketball sell for $4.3 million

Original rules of basketball sell for $4.3 million

Two Kansas University basketball fans paid more than $4.3 million on Friday for the faded and soiled original rules of basketball drawn up by the sport's founder, James Naismith, more than a century ago. The auction price for Naismith's "Founding Rules of
Published 12 Dec, 2010 12:00am
Mobilink organises fourth Indigo Invitational Golf Tournament

Mobilink organises fourth Indigo Invitational Golf Tournament

Mobilink, Pakistan's largest cellular network and part of Orascom Telecom Holding organised the 4th Indigo Invitational Golf Tournament-2010 at the Karsaz Golf Club, Karachi. For the past three years, the 18-hole tournament has consistently attracted golf
Published 12 Dec, 2010 12:00am
Jordanian soccer violence leaves 250 hurt

Jordanian soccer violence leaves 250 hurt

Around 250 people were injured in Amman on Friday in clashes between fans after Jordan's largest Palestinian soccer team beat a rival local team, hospital staff said. Matches between the rival teams have a long history of violence, mirroring the divisions
Published 12 Dec, 2010 12:00am
Manchester City near summit as West Ham downed

Manchester City near summit as West Ham downed

Manchester City moved up to second place in the Premier League standings Saturday with a 3-1 win at relegation-threatened West Ham to put them level on points with leaders Arsenal. Strikes from Yaya Toure, Adam Johnson and a Robert Green own goal secured
Published 12 Dec, 2010 12:00am
Jump in China inflation keeps focus on tightening

Jump in China inflation keeps focus on tightening

Chinese inflation soared past forecasts to a 28-month high in November and showed signs of spreading beyond food prices, putting pressure on the government to ratchet up its monetary tightening. A day before the data, China's central bank raised lenders'
Published 12 Dec, 2010 12:00am
Two US bank closures bring year total to 151

Two US bank closures bring year total to 151

US authorities shut down two banks on Friday, bringing the number of closures this year to 151, as smaller financial institutions continue to struggle with depressed real estate markets and a lack of job growth in the economy.
Published 12 Dec, 2010 12:00am
US firm fined $1.7 million for bribing China officials

US firm fined $1.7 million for bribing China officials

The California-based gas-detection device maker RAE Systems Inc agreed to pay a 1.7 million dollar fine for making "improper payments" to Chinese officials, the Justice Department said Friday. The payments were made to "foreign officials in the PRC (Repub
Published 12 Dec, 2010 12:00am
Portugal Prime Minister says no need for IMF aid

Portugal Prime Minister says no need for IMF aid

Portugal's economic problems can be resolved without seeking help from the International Monetary Fund, Prime Minister Jose Socrates was quoted as saying on Saturday by the daily Diario de Noticias. "We don't have any problem that requires that we turn to
Published 12 Dec, 2010 12:00am
Germany, India push for huge increase in trade

Germany, India push for huge increase in trade

The leaders of economic powerhouses Germany and India said Saturday they were confident they could boost bilateral trade by some seven billion euros (nine billion dollars) in the next two years. Speaking before a meeting in Berlin, German Chancellor Angel
Published 12 Dec, 2010 12:00am
Poland strikes pension deal with EU

Poland strikes pension deal with EU

Poland reached an agreement with the European Union aimed at loosening public finance rules in order to take into account costs of pension reform, Poland's Finance Ministry said on Friday. The Finance Ministry's press office added that details of the deal
Published 12 Dec, 2010 12:00am
Bolivia lowers retirement age to 58

Bolivia lowers retirement age to 58

Bolivia enacted a law Friday lowering the country's retirement age to 58, bucking a global trend in which countries push people to work longer to counteract the burden on national treasuries of rising life expectancy.
Published 12 Dec, 2010 12:00am
BHP lobbied to scuttle Rio-Chinalco deal

BHP lobbied to scuttle Rio-Chinalco deal

Mining giant BHP Billiton lobbied the Australian government hard to bring down a proposed 19.5 billion US dollar deal between its rival Rio Tinto and China's Chinalco, a leaked US cable shows. Spokesmen for BHP and Rio Tinto refused to comment on the US d
Published 12 Dec, 2010 12:00am
Chavez's oil industry deteriorating: US documents

Chavez's oil industry deteriorating: US documents

US officials detailed declining conditions in Venezuela's oil industry in memos released by WikiLeaks, saying the country's growing economic problems are taking a toll on President Hugo Chavez's popularity. In one confidential document dated October 15, 2
Published 12 Dec, 2010 12:00am
Areva board backs Kuwait, France investment

Areva board backs Kuwait, France investment

Areva's supervisory board approved a 900 million euro ($1.19 billion) capital increase that will see Kuwait taking a near 5 percent stake in the state-owned French nuclear reactor maker. Saturday's decision concluded months of talks plagued by political a
Published 12 Dec, 2010 12:00am
EADS backs Airbus sales chief in insider probe

EADS backs Airbus sales chief in insider probe

Airbus parent EADS threw its backing behind Airbus sales chief John Leahy and other current or former executives caught up in a long-running insider trading investigation, saying it was sure they would be cleared. Leahy and a total of six others have been
Published 12 Dec, 2010 12:00am
Obama calls in Bill Clinton to help with tax fight

Obama calls in Bill Clinton to help with tax fight

US President Barack Obama on Friday called on a battle-scarred dealmaker, former President Bill Clinton, to help convince reluctant Democrats to back a compromise tax plan before rates rise for most Americans in January. As Democrats in the House of Repre
Published 12 Dec, 2010 12:00am
US Navy test fires electromagnetic cannon

US Navy test fires electromagnetic cannon

The US Navy announced a successful test Friday of an electromagnetic cannon capable of firing a projectile 110 nautical miles (200 kilometres) at five times the speed of sound. "This demonstration moves us one day closer to getting this advanced capabilit
Published 12 Dec, 2010 12:00am
Facebook holds inaugural 'Hackers Cup'

Facebook holds inaugural 'Hackers Cup'

Facebook is challenging software hotshots around the world to show their mettle in the online social networking king's first "Hackers Cup." Facebook is taking its tradition of all-night "hackathons" to a higher level with an international coding competiti
Published 12 Dec, 2010 12:00am
'Alpha-dog' Putin changes tune, sings 'Blueberry Hill'

'Alpha-dog' Putin changes tune, sings 'Blueberry Hill'

Russian Prime Minister Vladimir Putin, known for his off-colour jokes and macho posturing, took on a different role on Friday night by singing "Blueberry Hill" at a children's charity event. "Like an overwhelming majority of people, I can neither sing nor
Published 12 Dec, 2010 12:00am
Explosions in central Stockholm kill one

Explosions in central Stockholm kill one

Two explosions shook central Stockholm on Saturday, killing one person and injuring two, rescue officials said. Police spokeswoman Petra Sjolander said a car exploded near Drottninggatan, a busy shopping street in the center of the city. Shortly afterward
Published 12 Dec, 2010 12:00am
Geithner discharged from hospital

Geithner discharged from hospital

US Treasury Secretary Timothy Geithner was sent home on Friday night after successful treatment at a Washington hospital for a kidney stone, a Treasury spokesman said on Saturday. The spokesman said Geithner was sent home ahead of schedule, was feeling mu
Published 12 Dec, 2010 12:00am