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Print - 2011-01-02
Air traffic growth slows

Air traffic growth slows

Growth in international air traffic slowed in November, industry association IATA said Thursday, noting that the expansion in demand was dipping to normal levels after a sharp recovery. "The industry is shifting gears in the recovery cycle. Growth is slow
Published 02 Jan, 2011 12:00am
Two troops die in Afghanistan

Two troops die in Afghanistan

Two foreign soldiers were killed Saturday in Afghanistan, coalition forces said, in the year's first deaths among Nato-led foreign forces after the war's highest-ever annual death toll in 2010. "An International Security Assistance Force (ISAF) service me
Published 02 Jan, 2011 12:00am
Eight insurgents killed

Eight insurgents killed

Nato says it has killed at least eight insurgents and captured a Taliban leader in several operations throughout Afghanistan. The coalition said Saturday that five of the insurgents were killed a day earlier in an operation targeting a Taliban leader in t
Published 02 Jan, 2011 12:00am
Ten killed in South Africa New Year stampede

Ten killed in South Africa New Year stampede

Ten people were killed in a stampede in a bar in a South African township during a New Year's Eve celebration, an official said on Saturday. Most of the dead were believed to be between the ages of 18 and 25, but police were still investigating whether an
Published 02 Jan, 2011 12:00am
Hungary takes over EU presidency

Hungary takes over EU presidency

Hungary took the helm of the European Union on Saturday even as a new law which sparked concern about media freedom in the country came into force in the teeth of fierce opposition. The challenges currently facing the 27-nation bloc are daunting enough: t
Published 02 Jan, 2011 12:00am
Stalin statue blown up in Ukraine

Stalin statue blown up in Ukraine

Extremists blew up a controversial monument to Soviet dictator Joseph Stalin on New Year's night in south-eastern Ukraine in an "act of terror", the local Communist Party said on Saturday. The bust in the city of Zaporizhia, unveiled this May, caused a he
Published 02 Jan, 2011 12:00am
Freed Indian rebel leader invites peace dialogue

Freed Indian rebel leader invites peace dialogue

A separatist leader released on bail Saturday said he was committed to peace talks with the Indian government to end his group's 30-year insurgency in the north-eastern state of Assam. Arabinda Rajkhowa was greeted by hundreds of supporters as he left the
Published 02 Jan, 2011 12:00am
Taiwan's president calls for democracy in China

Taiwan's president calls for democracy in China

Taiwan President Ma Ying-jeou on Saturday called for democracy in China, saying the island's experience could serve as a model for the future development on the mainland. "We hope one day that all descendants of Emperors Yen and Huang will enjoy freedom,
Published 02 Jan, 2011 12:00am
Manmohan Singh vows to tackle corruption

Manmohan Singh vows to tackle corruption

Indian Premier Manmohan Singh in a New Year message promised to provide clean governance amid growing public anger over corruption. The message posted on the government website Saturday addressed the crisis of credibility for an administration accused of
Published 02 Jan, 2011 12:00am
Skype to be designated illegal in China

Skype to be designated illegal in China

China will crack down on what it called illegal Internet telephone providers, according to a circular from the Chinese government, a policy that could hurt the popular service Skype. The statement, from the powerful Ministry of Information and Industry Te
Published 02 Jan, 2011 12:00am
Russia in milestone oil pipeline supply to China

Russia in milestone oil pipeline supply to China

Russia, the world's top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbour. So far, Russia's 50,000-km oil pipeline network has been concent
Published 02 Jan, 2011 12:00am
China's factory inflation abates, output moderates

China's factory inflation abates, output moderates

China's factory inflation cooled in December as manufacturers expanded more slowly after a strong run in growth, lessening the need for the country's central bank to tighten monetary policy too far. The official Chinese purchasing managers' index (PMI) ed
Published 02 Jan, 2011 12:00am
German 2010 growth strongest since unity: minister

German 2010 growth strongest since unity: minister

The German economy likely had post-unification record growth in 2010 despite severe winter weather that curtailed activity in December, Economy Minister Rainer Bruederle said on Saturday. The government is forecasting 3.4 percent growth in 2010 - equallin
Published 02 Jan, 2011 12:00am
India to overhaul decade-old telecoms policy

India to overhaul decade-old telecoms policy

India plans to overhaul its decade-old telecoms policy, framing new rules on mergers and on radiowaves, the telecoms minister said on Saturday, seeking to revamp a high-growth sector hit by several scandals. Kapil Sibal, who took over in November after hi
Published 02 Jan, 2011 12:00am
Ahmadinejad's old Peugeot sees million dollar bid

Ahmadinejad's old Peugeot sees million dollar bid

Iranian President Mahmoud Ahmadinejad's 1977 Peugeot 504 has received a one million dollar bid after the car was put on an international auction Saturday, state media reported. Iran's official IRNA news agency quoted Ahmad Esfandiari, the head of Iran's W
Published 02 Jan, 2011 12:00am
China Eastern to buy 50 Airbus airliners

China Eastern to buy 50 Airbus airliners

China Eastern Airlines said Thursday it had agreed with Europe-based Airbus to buy 50 A320 airliners with a list price of 3.22 billion dollars, in the latest sign of the country's aviation boom. China Eastern said in an announcement to the Hong Kong stock
Published 02 Jan, 2011 12:00am
New Year's resolution: Obama pledges to do everything to create jobs

New Year's resolution: Obama pledges to do everything to create jobs

President Barack Obama has set his New Year's resolution high for 2011: repair the struggling US economy. In his weekly radio and Internet address on Saturday, the vacationing president said recent data showed the economic recovery was gaining traction ev
Published 02 Jan, 2011 12:00am
Bolivia's president scraps fuel hike after protests

Bolivia's president scraps fuel hike after protests

Leftist Bolivian President Evo Morales on Friday reversed a hefty fuel price increase that sparked nation-wide protests, landing him with one of the biggest crises of his five years in power. The decision on Sunday to slash fuel subsidies - sending prices
Published 02 Jan, 2011 12:00am
Britons fear hard year ahead amid austerity cuts

Britons fear hard year ahead amid austerity cuts

Two-thirds of Britons believe the economy will fare badly in 2011 as harsh austerity cuts designed to tackle a record deficit begin to bite, a poll showed on Monday. One in five also said they could see themselves being involved in demonstrations against
Published 02 Jan, 2011 12:00am
UK charities call for bank bonus tax to help fund them

UK charities call for bank bonus tax to help fund them

Britain should tax bank bonuses and give the proceeds to charities to help cushion them from funding cuts that will hit elderly and disabled people, a leader of the charity sector said on Saturday. Stephen Bubb, chief executive of the Association of Chief
Published 02 Jan, 2011 12:00am
Egypt mobile phone ownership passes 80 percent

Egypt mobile phone ownership passes 80 percent

More than 80 percent of Egyptians will start 2011 with mobile telephones, according to latest official figures which showed cell phone subscriptions grew by nearly a quarter during the year. A state website said subscriptions as of October were 65.488 mil
Published 02 Jan, 2011 12:00am
Venezuela sees economy shrinking 1.9 percent

Venezuela sees economy shrinking 1.9 percent

Venezuela's economy shrank an estimated 1.9 percent in 2010 in a second year of recession as the South American nation lags in the recovery cycle after the global financial crisis, the Central Bank said on Thursday. The Opec member's economy contracted 3.
Published 02 Jan, 2011 12:00am
FIFA Members Association Elite Referees Course concludes

FIFA Members Association Elite Referees Course concludes

Members Association Elite Referee course concluded on Saturday at FIFA Football House. As many as 30 referees participated in the course. They were also awarded certificates. The FIFA referee instructor, Masoud Enayat, said that he was happy with the perf
Published 02 Jan, 2011 12:00am
PBCC announces team for Australia tour

PBCC announces team for Australia tour

Pakistan Blind Cricket Council (PBCC) on Saturday announced the team selected for touring Australia, which is going to be started from February 20. The Pakistani team would play three Twenty-20 and three one- day matches with Australia during the tour, wh
Published 02 Jan, 2011 12:00am
Big guns get set for Asian Cup

Big guns get set for Asian Cup

Australia, Japan and South Korea head into the Asian Cup as clear favourites in a tournament that will test Qatar's ability to host a major event after being controversially awarded the 2022 World Cup. The three-week football festival, featuring the regio
Published 02 Jan, 2011 12:00am
United and City march on, Cole fires Liverpool

United and City march on, Cole fires Liverpool

Premier League pacesetters Manchester United and Manchester City ground out wins to stay clear at the top on Saturday while Joe Cole struck late to earn Liverpool a much-needed 2-1 victory over Bolton Wanderers. United were well below their best but trium
Published 02 Jan, 2011 12:00am
First Sprite Golf Tournament kicks off

First Sprite Golf Tournament kicks off

The three-day first Sprite Golf Tournament commenced here at Lahore Gymkhana Golf Course with vibrant events for the ladies, veterans (above 70 years of age), seniors (above 55 years of age), amateurs, ball boys and caddies.
Published 02 Jan, 2011 12:00am
World Cup referee Webb honoured by Queen

World Cup referee Webb honoured by Queen

World Cup final referee Howard Webb has been awarded an MBE in the Queen's New Year's Honours. Webb became the first Englishman to referee the World Cup final since 1974 when he took charge of the showpiece between Spain and the Netherlands.
Published 02 Jan, 2011 12:00am
Pakistan-born spinner eligible for South Africa

Pakistan-born spinner eligible for South Africa

Pakistan-born leg-spinner Imran Tahir has been granted South African citizenship and is eligible to represent the country, Cricket South Africa announced on Saturday. In a statement CSA said Tahir had been granted citizenship by naturalisation on Friday a
Published 02 Jan, 2011 12:00am
Shahid Afridi, Waqar to appear in ICC spot-fixing hearing

Shahid Afridi, Waqar to appear in ICC spot-fixing hearing

Pakistan cricket chiefs said on Saturday they would allow one-day captain Shahid Afridi and coach Waqar Younis to appear at a hearing into spot-fixing allegations in Doha during the coming week. The decision was taken after the International Cricket Counc
Published 02 Jan, 2011 12:00am
Dhoni, Smith agree small details will decide final Test

Dhoni, Smith agree small details will decide final Test

Attention to detail will be the key to the outcome of the third and deciding Test between South Africa and India starting at Newlands on Sunday, according to the opposing captains. India, the world's top-ranked side, are keen to win their first series in
Published 02 Jan, 2011 12:00am
Chittagong asks residents to paint for the World Cup

Chittagong asks residents to paint for the World Cup

Residents of the Bangladesh port city of Chittagong have been asked to give their homes and shops a new lick of paint to make a bright, colourful impression on cricket World Cup visitors. Gearing up to host two group and a warm-up match, the Chittagong Ci
Published 02 Jan, 2011 12:00am
No home advantage in Sydney for Ashes debutant Beer

No home advantage in Sydney for Ashes debutant Beer

While Australia will hope to use local knowledge to their advantage in the fifth Ashes Test at the Sydney Cricket Ground (SCG) next week, debutant Michael Beer has admitted that his contribution will be zero. Plucked from obscurity to join the Australia s
Published 02 Jan, 2011 12:00am
Venezuelan currency devalued again

Venezuelan currency devalued again

Venezuelan President Hugo Chavez's government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to spur local production in the largely
Published 02 Jan, 2011 12:00am
Chinese banker sees more challenges in 2011

Chinese banker sees more challenges in 2011

China's economic outlook will be more complicated in 2011 and the country will face many "new tasks and challenges", the central bank governor said on Friday. In the text of a speech published on the central bank's website, Zhou Xiaochuan also reiterated
Published 02 Jan, 2011 12:00am
Dollar up in 2010, Euro posts worst year since 2005

Dollar up in 2010, Euro posts worst year since 2005

The US dollar ended a volatile year on Friday a bit firmer than where it began with investors gearing up for gains in early 2011 on expectations the US economic recovery was gaining momentum. The euro, which had its worst year against the dollar since 200
Published 02 Jan, 2011 12:00am
East African currencies likely to ease next week

East African currencies likely to ease next week

Kenya and Uganda's shillings could weaken next week as import-oriented companies restart operations after the Christmas break, stimulating demand for dollars.
Published 02 Jan, 2011 12:00am
Canadian dollar hits 2-1/2 year high

Canadian dollar hits 2-1/2 year high

Canada's dollar hit its highest in more than 30 months on Friday, boosted by rallying commodities, to close out the year above parity with the US currency on scant New Year's Eve trading volumes. The Canadian dollar reached as high as C$0.9925 to the US d
Published 02 Jan, 2011 12:00am
Beginning of the end of dollar's supremacy?

Beginning of the end of dollar's supremacy?

The coming year should provide new impetus to a long-debated reform of the international monetary system that could spell the end of the dollar's status as the world's favourite currency. Talk of the greenback's demise is anything but new. Back in Septemb
Published 02 Jan, 2011 12:00am
Politics versus economics are big euro test: analysis

Politics versus economics are big euro test: analysis

In the mid-1990s, around the time when the European Union was seriously getting to grips with creating the euro zone project, the Reuters bureau in Brussels received a call from a British analyst working for a US bank. The London-based currency specialist
Published 02 Jan, 2011 12:00am
Wall Street ends year with strong gains

Wall Street ends year with strong gains

US stocks closed out a year of double-digit gains and the S&P's best December since 1991 with a quiet and little changed session on Friday as investors found no reason to make big bets ahead of the new year. Improving economic indicators late in 2010 and
Published 02 Jan, 2011 12:00am
Emerging Markets: LatAm stocks post 12 percent gain

Emerging Markets: LatAm stocks post 12 percent gain

Mexican stocks rose to a record high on Friday as investors bet improving growth in the United States will support local exports, capping a strong year for most of the region's markets. Gains in Mexico, the only major Latin American market open on Friday,
Published 02 Jan, 2011 12:00am
Emerging Markets: LatAm stocks post 12 percent gain

Emerging Markets: LatAm stocks post 12 percent gain

Mexican stocks rose to a record high on Friday as investors bet improving growth in the United States will support local exports, capping a strong year for most of the region's markets. Gains in Mexico, the only major Latin American market open on Friday,
Published 02 Jan, 2011 12:00am
South African stocks, rand jump in 2010

South African stocks, rand jump in 2010

South Africa's rand ended 2010 near three-year highs and stocks booked gains for a second consecutive year, after 12 months in which investors favoured high-risk assets over underperforming developed markets. On Friday, Johannesburg's Top-40 index of blue
Published 02 Jan, 2011 12:00am
Treasuries higher

Treasuries higher

US Treasury debt prices rose on Friday as the few traders in for the holiday-shortened session bought longer-dated debt in an effort to square up their books for the year-end. With very little in the way of economic data, no Treasury debt auctions and no
Published 02 Jan, 2011 12:00am
Treasuries higher

Treasuries higher

US Treasury debt prices rose on Friday as the few traders in for the holiday-shortened session bought longer-dated debt in an effort to square up their books for the year-end. With very little in the way of economic data, no Treasury debt auctions and no
Published 02 Jan, 2011 12:00am
London IPOs soar in 2010

London IPOs soar in 2010

Funding for initial public offerings on the London Stock Exchange soared more than 500 percent in 2010 compared with the previous year, it said in a statement on Wednesday. The IPOs, including from India's Essar Energy and African Barrick Gold, raised a t
Published 02 Jan, 2011 12:00am
US Treasury Outlook: debt may underperform in 2011

US Treasury Outlook: debt may underperform in 2011

US Treasuries may struggle to replicate this year's relatively strong returns in 2011 if the economy grows as much as some expect, as riskier assets could continue to outperform the government debt. Government debt may be poised to see a strong first quar
Published 02 Jan, 2011 12:00am
US Treasury Outlook: debt may underperform in 2011

US Treasury Outlook: debt may underperform in 2011

US Treasuries may struggle to replicate this year's relatively strong returns in 2011 if the economy grows as much as some expect, as riskier assets could continue to outperform the government debt. Government debt may be poised to see a strong first quar
Published 02 Jan, 2011 12:00am
Toronto stocks index end 2010 on high note

Toronto stocks index end 2010 on high note

Toronto's main stock index pushed higher on Friday in sparse New Year's Eve trade, as strong metal prices and a rally by miners kept the market on track for its best December in five years and double-digit growth in 2010. The index was up 3.8 percent for
Published 02 Jan, 2011 12:00am
Bond yields rise

Bond yields rise

Canadian government bond yields closed out the year on Friday with a modest decline in quiet trade, but analysts said the year ahead should see them climb, particularly in the second half of the 2011. Market watchers are mixed about the timing of future i
Published 02 Jan, 2011 12:00am
Bond yields rise

Bond yields rise

Canadian government bond yields closed out the year on Friday with a modest decline in quiet trade, but analysts said the year ahead should see them climb, particularly in the second half of the 2011. Market watchers are mixed about the timing of future i
Published 02 Jan, 2011 12:00am
Turkish stocks up, bond yields hit all-time lows

Turkish stocks up, bond yields hit all-time lows

Turkey's benchmark bond yield hit all-time lows in thin end-of-year trading on Friday, while shares rose in line with other emerging markets and the lira strengthened slightly. The yield on the August 8, 2012 benchmark bond traded at 7.11 percent at 1200
Published 02 Jan, 2011 12:00am
Indian bond yields largely steady in 2010

Indian bond yields largely steady in 2010

Indian federal bond yields ended largely steady in thin year-end trade on Friday but dealers expected yields to surge in 2011 on stronger growth expectations and inflation worries. The most-traded 8.08 percent 2022 bond ended steady at 8.05 percent and th
Published 02 Jan, 2011 12:00am
Indian bond yields largely steady in 2010

Indian bond yields largely steady in 2010

Indian federal bond yields ended largely steady in thin year-end trade on Friday but dealers expected yields to surge in 2011 on stronger growth expectations and inflation worries. The most-traded 8.08 percent 2022 bond ended steady at 8.05 percent and th
Published 02 Jan, 2011 12:00am
Morocco's foreign debt at $19.8 billion

Morocco's foreign debt at $19.8 billion

Morocco's public foreign debt stood at $19.8 billion at the end of the third quarter of 2010, up from $19.4 billion at the end of 2009 and at its highest since at least 2005, the finance ministry said on Friday. Morocco plans to disburse $2.1 billion to s
Published 02 Jan, 2011 12:00am
Morocco's foreign debt at $19.8 billion

Morocco's foreign debt at $19.8 billion

Morocco's public foreign debt stood at $19.8 billion at the end of the third quarter of 2010, up from $19.4 billion at the end of 2009 and at its highest since at least 2005, the finance ministry said on Friday. Morocco plans to disburse $2.1 billion to s
Published 02 Jan, 2011 12:00am
Nunavut Iron ups bid in battle for Baffinland

Nunavut Iron ups bid in battle for Baffinland

Nunavut Iron hiked its bid for Baffinland Iron Mines late on Friday, refusing to back down in a fight with steel giant ArcelorMittal for control of the junior miner and its vast undeveloped iron ore deposit in Canada's Arctic.
Published 02 Jan, 2011 12:00am
VAT rise pushes back 2011 British tax freedom day

VAT rise pushes back 2011 British tax freedom day

Britons will have to work three more days in 2011 to pay off their annual tax bill, a think tank said Wednesday, after calculating that "tax freedom day" would fall on May 30. The Adam Smith Institute forecast that, in effect, everything earned by the ave
Published 02 Jan, 2011 12:00am
Peru trims tariffs to further open economy

Peru trims tariffs to further open economy

Peru's tariffs will fall again starting next year and the average levy on imports will decline to 3.4 percent from 5 percent, the finance ministry said on Friday. The measure will help limit pressure on inflation, which is already mild and running about 2
Published 02 Jan, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Input tax adjustment: facility not applicable to CNG stations

Input tax adjustment: facility not applicable to CNG stations

A major facility of refund of excess unadjusted input tax related to supplies, other than zero-rated, would not be applicable to the CNG stations. In this regard, the FBR has issued instructions to Large Taxpayer Units (LTUs) and Regional Tax Offices (RTO
Published 02 Jan, 2011 12:00am
Input tax adjustment: facility not applicable to CNG stations

Input tax adjustment: facility not applicable to CNG stations

A major facility of refund of excess unadjusted input tax related to supplies, other than zero-rated, would not be applicable to the CNG stations. In this regard, the FBR has issued instructions to Large Taxpayer Units (LTUs) and Regional Tax Offices (RTO
Published 02 Jan, 2011 12:00am
Ecnec refuses to approve water conservation plan

Ecnec refuses to approve water conservation plan

The Executive Committee of the National Economic Council (Ecnec) has reportedly refused to approve a project called ''Water conservation and productivity enhancement through high efficiency'', across the country at the federal level, after USAID showed in
Published 02 Jan, 2011 12:00am
Ecnec refuses to approve water conservation plan

Ecnec refuses to approve water conservation plan

The Executive Committee of the National Economic Council (Ecnec) has reportedly refused to approve a project called 'Water conservation and productivity enhancement through high efficiency', across the country at the federal level, after USAID showed inte
Published 02 Jan, 2011 12:00am
Ecnec refuses to approve water conservation plan

Ecnec refuses to approve water conservation plan

The Executive Committee of the National Economic Council (Ecnec) has reportedly refused to approve a project called 'Water conservation and productivity enhancement through high efficiency', across the country at the federal level, after USAID showed inte
Published 02 Jan, 2011 12:00am
19th Amendment Bill: President accords his formal assent

19th Amendment Bill: President accords his formal assent

President Asif Ali Zardari on Saturday gave his formal assent to the 19th Amendment Bill, making it a part of the Constitution. The signing ceremony was attended by Senate Chairman Farooq H. Naek, National Assembly Speaker Dr Fehmida Mirza, Chairman of Pa
Published 02 Jan, 2011 12:00am
19th Amendment Bill: President accords his formal assent

19th Amendment Bill: President accords his formal assent

President Asif Ali Zardari on Saturday gave his formal assent to the 19th Amendment Bill, making it a part of the Constitution. The signing ceremony was attended by Senate Chairman Farooq H. Naek, National Assembly Speaker Dr Fehmida Mirza, Chairman of Pa
Published 02 Jan, 2011 12:00am
19th Amendment Bill: President accords his formal assent

19th Amendment Bill: President accords his formal assent

President Asif Ali Zardari on Saturday gave his formal assent to the 19th Amendment Bill, making it a part of the Constitution. The signing ceremony was attended by Senate Chairman Farooq H. Naek, National Assembly Speaker Dr Fehmida Mirza, Chairman of Pa
Published 02 Jan, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (January 01, 2011) and the forecast for Sunday (January 02, 2011).

Published 02 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (January 01, 2011) and for Sunday (January 02, 2011).
Published 02 Jan, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
New Year begins with modest activity on grain market

New Year begins with modest activity on grain market

The New Year began with modest trading on the wholesales grain and seed market on Saturday as most of the dealers and participants were on the sidelines due to scant interest in fresh purchasing, dealers said. On the cereal side makai gained Rs 25 to Rs 2
Published 02 Jan, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (January 01, 2011).

Published 02 Jan, 2011 12:00am
US Midwest corn and soya bids steady

US Midwest corn and soya bids steady

Corn and soyabean spot basis bids were steady around the US Midwest on Friday in slow trading ahead of the New Year's Day holiday, grain merchants said. Farmer selling was near non-existent even as corn set a new 29-month high and soyabeans a 27-1/2 month
Published 02 Jan, 2011 12:00am
Oil cake market rates

Oil cake market rates

Contracts were mixed on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The January vaida that had closed at Rs 1252.00 opened with a loss of Re.1 to Rs 1251.00. The March vaida which ended at Rs 1240.00 commenced wi
Published 02 Jan, 2011 12:00am
KCA spot rate raised to Rs 9,200 amid thin business

KCA spot rate raised to Rs 9,200 amid thin business

Further increase was seen in the official spot rate on the cotton market on Saturday in process of subdued business, brokers said. The Karachi Cotton Association (KCA) spot rate was given a fresh rise of Rs 100 to Rs 9200, they said. Seed cotton prices in
Published 02 Jan, 2011 12:00am
Vietnam coffee prices near 29-month high

Vietnam coffee prices near 29-month high

Coffee prices in Vietnam's domestic market jumped around 4 percent this week to 37.1 million dong ($1,907) per tonne on Friday, even though supply is ample as the harvest draws to an end, traders said. Robusta beans jumped from around 35.7 million dong pe
Published 02 Jan, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 97,207 tonnes of cargo including 63,055 tonnes of import cargo, 34,152 tonnes of export cargo, 3,955 loaded and empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 63,055 tonnes compris
Published 02 Jan, 2011 12:00am
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