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Print - 2011-01-09
German Foreign Minister links Afghan peace with reconciliation

German Foreign Minister links Afghan peace with reconciliation

With a focus on Pakistan's role in Afghanistan, German Foreign Minister Guido Westerwelle on Saturday appreciated Islamabad's role in war on terror but emphasised that reconciliation is the right approach for attaining lasting peace in Afghanistan.
Published 09 Jan, 2011 12:00am
German Foreign Minister links Afghan peace with reconciliation

German Foreign Minister links Afghan peace with reconciliation

With a focus on Pakistan's role in Afghanistan, German Foreign Minister Guido Westerwelle on Saturday appreciated Islamabad's role in war on terror but emphasised that reconciliation is the right approach for attaining lasting peace in Afghanistan.
Published 09 Jan, 2011 12:00am
173 Karachi units'' jurisdiction changed

173 Karachi units'' jurisdiction changed

The Federal Board of Revenue (FBR) has changed the jurisdictions of 173 units of Karachi, bringing 60 units in the jurisdiction of Regional Tax Office (RTO) Karachi-II, 15 units in RTO Karachi-III, and 98 units would operate in the jurisdiction of RTO Kar
Published 09 Jan, 2011 12:00am
173 Karachi units' jurisdiction changed

173 Karachi units' jurisdiction changed

The Federal Board of Revenue (FBR) has changed the jurisdictions of 173 units of Karachi, bringing 60 units in the jurisdiction of Regional Tax Office (RTO) Karachi-II, 15 units in RTO Karachi-III, and 98 units would operate in the jurisdiction of RTO Kar
Published 09 Jan, 2011 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (December 01 to 31, 2010)

Published 09 Jan, 2011 12:00am
173 Karachi units' jurisdiction changed

173 Karachi units' jurisdiction changed

The Federal Board of Revenue (FBR) has changed the jurisdictions of 173 units of Karachi, bringing 60 units in the jurisdiction of Regional Tax Office (RTO) Karachi-II, 15 units in RTO Karachi-III, and 98 units would operate in the jurisdiction of RTO Kar
Published 09 Jan, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (January 08, 2011) and the forecast for Sunday (January 09, 2011).

Published 09 Jan, 2011 12:00am
Government advised to bridge revenue shortfall by cutting expenses

Government advised to bridge revenue shortfall by cutting expenses

The government would fuel inflation and the fiscal deficit if it does not reduce expenditure to bridge the revenue shortfall as a consequence of withdrawing the petroleum price rise. Talking to Business Recorder, a former finance minister, Sartaj Aziz sai
Published 09 Jan, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Government advised to bridge revenue shortfall by cutting expenses

Government advised to bridge revenue shortfall by cutting expenses

The government would fuel inflation and the fiscal deficit if it does not reduce expenditure to bridge the revenue shortfall as a consequence of withdrawing the petroleum price rise. Talking to Business Recorder, a former finance minister, Sartaj Aziz sai
Published 09 Jan, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (January 08, 2011) and for Sunday (January 09, 2011).
Published 09 Jan, 2011 12:00am
Government advised to bridge revenue shortfall by cutting expenses

Government advised to bridge revenue shortfall by cutting expenses

The government would fuel inflation and the fiscal deficit if it does not reduce expenditure to bridge the revenue shortfall as a consequence of withdrawing the petroleum price rise. Talking to Business Recorder, a former finance minister, Sartaj Aziz sai
Published 09 Jan, 2011 12:00am
Ban on onion export to India: inter-ministerial meeting on January 11

Ban on onion export to India: inter-ministerial meeting on January 11

The Commerce Ministry has called an inter-ministerial meeting on Monday to deliberate whether Pakistan should resume export of onion to India through Wahgah border, as the Lahore-based business community and Sindh government are pressing for resumption of
Published 09 Jan, 2011 12:00am
Ban on onion export to India: inter-ministerial meeting on January 11

Ban on onion export to India: inter-ministerial meeting on January 11

The Commerce Ministry has called an inter-ministerial meeting on Monday to deliberate whether Pakistan should resume export of onion to India through Wahgah border, as the Lahore-based business community and Sindh government are pressing for resumption of
Published 09 Jan, 2011 12:00am
Ban on onion export to India: inter-ministerial meeting on January 11

Ban on onion export to India: inter-ministerial meeting on January 11

The Commerce Ministry has called an inter-ministerial meeting on Monday to deliberate whether Pakistan should resume export of onion to India through Wahgah border, as the Lahore-based business community and Sindh government are pressing for resumption of
Published 09 Jan, 2011 12:00am
Muqam given the task to successfully persuade leadership

Muqam given the task to successfully persuade leadership

Pakistan Muslim League (Quaid) leader Amir Muqam on Saturday met Prime Minister Syed Yousuf Raza Gilani. The meeting was held at the Prime Minister House. The meeting has been considered an offshoot of the Prime Minister Gilani's last Monday meeting with
Published 09 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 08, 2011).

Published 09 Jan, 2011 12:00am
Muqam given the task to successfully persuade leadership

Muqam given the task to successfully persuade leadership

Pakistan Muslim League (Quaid) leader Amir Muqam on Saturday met Prime Minister Syed Yousuf Raza Gilani. The meeting was held at the Prime Minister House. The meeting has been considered an offshoot of the Prime Minister Gilani's last Monday meeting with
Published 09 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 08, 2011).

Published 09 Jan, 2011 12:00am
Zardari orders reactivation of abandoned gas fields

Zardari orders reactivation of abandoned gas fields

President Asif Ali Zardari on Saturday issued directives for immediate reactivation of abandoned gas fields in Sindh to improve energy supplies. This was stated by Advisor to Sindh Chief Minister on Information Sharmila Farooqui while briefing media about
Published 09 Jan, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Zardari orders reactivation of abandoned gas fields

Zardari orders reactivation of abandoned gas fields

President Asif Ali Zardari on Saturday issued directives for immediate reactivation of abandoned gas fields in Sindh to improve energy supplies. This was stated by Advisor to Sindh Chief Minister on Information Sharmila Farooqui while briefing media about
Published 09 Jan, 2011 12:00am
Zardari orders reactivation of abandoned gas fields

Zardari orders reactivation of abandoned gas fields

President Asif Ali Zardari on Saturday issued directives for immediate reactivation of abandoned gas fields in Sindh to improve energy supplies. This was stated by Advisor to Sindh Chief Minister on Information Sharmila Farooqui while briefing media about
Published 09 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 08, 2011).

Published 09 Jan, 2011 12:00am
US lawmaker shot, badly wounded in Arizona

US lawmaker shot, badly wounded in Arizona

A US member of Congress from Arizona was shot and seriously wounded on Saturday and several people were killed by a man who opened fire at a meeting the politician was holding in Tucson. Gabrielle Giffords, a 40-year-old Democrat in her third term in the
Published 09 Jan, 2011 12:00am
US lawmaker shot, badly wounded in Arizona

US lawmaker shot, badly wounded in Arizona

A US member of Congress from Arizona was shot and seriously wounded on Saturday and several people were killed by a man who opened fire at a meeting the politician was holding in Tucson. Gabrielle Giffords, a 40-year-old Democrat in her third term in the
Published 09 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 08, 2011).

Published 09 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 08, 2011).

Published 09 Jan, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (January 08, 2011).

Published 09 Jan, 2011 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 (January 08, 2011).

Published 09 Jan, 2011 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 (January 08, 2011).

Published 09 Jan, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
THE RUPEE: dollar slips marginally

THE RUPEE: dollar slips marginally

The rupee sustained its overnight firmness against dollar, it, however, maintained its rise versus euro on the currency market on Saturday, dealers said. The rupee inched up with a gain of one paisa against dollar at 85.75 for buying and rose by three pai
Published 09 Jan, 2011 12:00am
THE RUPEE: dollar slips marginally

THE RUPEE: dollar slips marginally

The rupee sustained its overnight firmness against dollar, it, however, maintained its rise versus euro on the currency market on Saturday, dealers said. The rupee inched up with a gain of one paisa against dollar at 85.75 for buying and rose by three pai
Published 09 Jan, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (January 08, 2011).

Published 09 Jan, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (January 08, 2011).
Published 09 Jan, 2011 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 (January 08, 2011).

Published 09 Jan, 2011 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 (January 08, 2011).

Published 09 Jan, 2011 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 (January 08, 2011).

Published 09 Jan, 2011 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 (January 08, 2011).

Published 09 Jan, 2011 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 09 Jan, 2011 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 09 Jan, 2011 12:00am
Bangladesh to buy 250,000 tonnes of rice from Vietnam

Bangladesh to buy 250,000 tonnes of rice from Vietnam

Bangladesh will import 250,000 tonnes of rice from Vietnam at a high cost in a bid to ensure food security, a senior food official said on Friday. The price for 200,000 tonnes of 15 percent broken white rice to be supplied by Vinafood 2 is $545 a tonne, c
Published 09 Jan, 2011 12:00am
Oil cake market rates

Oil cake market rates

Contracts were mixed on the forward cottonseed oilcake market Saturday in process of trading, dealers said. The January vaida that had closed higher at Rs 1252.20 opened with fall of Rs 1.70 to Rs 1250.10. The March vaida which had ended on bullish note a
Published 09 Jan, 2011 12:00am
Transactions slow down mainly due to high prices on cotton market

Transactions slow down mainly due to high prices on cotton market

Activity was down on the cotton market on Saturday as mills were not ready to pay above their psychological level, on the other hand, the ginners were not prepared to lower the prices due to short crop scenario, brokers said on Saturday.
Published 09 Jan, 2011 12:00am
Philippines to set rice import target by end-January

Philippines to set rice import target by end-January

The Philippines, the world's largest buyer of rice, could decide its 2011 import plans before end-January, the Agriculture Secretary said on Friday, reiterating that shipments of the grain would be half or less than record imports for 2010.
Published 09 Jan, 2011 12:00am
Wheat export premiums steady at US Gulf Coast

Wheat export premiums steady at US Gulf Coast

Wheat export premiums at the US Gulf Coast were steady on Friday amid optimism that Egypt would buy at least some US wheat in an optional-origin tender issued on Friday, traders said. Corn export premiums were mostly flat, capped by sluggish export demand
Published 09 Jan, 2011 12:00am
EU wheat mixed, France eases but Spain firm

EU wheat mixed, France eases but Spain firm

Wheat was mostly weaker in key western European markets on Friday in step with Chicago, although upward momentum pushed prices higher in import-needy Spain. Milling wheat futures in France, Europe's biggest wheat exporter, were slightly lower in late trad
Published 09 Jan, 2011 12:00am
China estimates 2010 gold output at record 340 tonnes

China estimates 2010 gold output at record 340 tonnes

China's gold output is expected to have exceeded 340 tonnes in 2010, the Ministry of Industry and Information Technology said on Friday, which if confirmed would set a new record. The production number would also amount to an increase of more than 8 perce
Published 09 Jan, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 141,611 tonnes of cargo including 105,732 tonnes of import cargo, 35,879 tonnes of export cargo, 4,863 loaded and empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 105,732 tonnes comp
Published 09 Jan, 2011 12:00am
Shanghai becomes world's busiest container port

Shanghai becomes world's busiest container port

Shanghai overtook Singapore as the world's busiest container port in 2010, helped by continuing growth in Chinese trade and the business generated by the World Expo it hosted last year, the city government said. Shanghai's port handled 29.05 million twent
Published 09 Jan, 2011 12:00am
Mali predicts surge in gold output

Mali predicts surge in gold output

Mali expects its gold production to rise 20 percent in 2011 to 60 tonnes and increase further to 62 tonnes in 2012, according to President Amadou Toumani Toure. The west African state, Africa's third largest gold miner behind South Africa and Ghana, produ
Published 09 Jan, 2011 12:00am
Chemical items fall on Jodia Bazar

Chemical items fall on Jodia Bazar

The trading in chemical items closed down on Jodia Bazar here on Saturday. The following changes were noted.
Published 09 Jan, 2011 12:00am
Few changes in slow trade on grain market

Few changes in slow trade on grain market

Subdued business was seen on the wholesale grain and seed market on Saturday as both buyers and sellers failed to come on meeting ground, dealers said. On the grams side grams Australia low type gained Rs 10 to Rs 5400 and good type was higher by Rs 100 t
Published 09 Jan, 2011 12:00am
Indian central bank to assess liquidity for OMO decision

Indian central bank to assess liquidity for OMO decision

India's central bank will assess the liquidity situation before taking further decisions on open market operations (OMO), a deputy governor aid on Saturday. Liquidity has improved in recent weeks due in part to government spending and the central bank's o
Published 09 Jan, 2011 12:00am
Slovenia plans benchmark bonds in this year

Slovenia plans benchmark bonds in this year

Slovenia plans to issue two benchmark bonds worth a total of 3 billion euros ($3.94 billion) this year to finance the budget and existing debt, the head of treasury at the finance ministry Bostjan Plesec told Reuters. He said another two bond issues with
Published 09 Jan, 2011 12:00am
Slovenia plans benchmark bonds in this year

Slovenia plans benchmark bonds in this year

Slovenia plans to issue two benchmark bonds worth a total of 3 billion euros ($3.94 billion) this year to finance the budget and existing debt, the head of treasury at the finance ministry Bostjan Plesec told Reuters. He said another two bond issues with
Published 09 Jan, 2011 12:00am
High time for social website IPOs

High time for social website IPOs

LinkedIn may not be the only social networking website that plans to go public this year - other companies are likely to tap the market before Facebook sucks up a significant amount of investor cash. Microblogging site Twitter, online coupon site Groupon
Published 09 Jan, 2011 12:00am
Indian bond yields up

Indian bond yields up

Indian federal bond yields ended up on Friday as a partially sold $2 .4 billion securities auction hit sentiment, with the central bank directing primary dealers to pick up the unsold portion. Lingering concerns of an aggressive monetary tightening post t
Published 09 Jan, 2011 12:00am
Indian bond yields up

Indian bond yields up

Indian federal bond yields ended up on Friday as a partially sold $2 .4 billion securities auction hit sentiment, with the central bank directing primary dealers to pick up the unsold portion. Lingering concerns of an aggressive monetary tightening post t
Published 09 Jan, 2011 12:00am
Advance Emerging Capital eyes banks, consumer plays

Advance Emerging Capital eyes banks, consumer plays

Banking and consumer-related stocks in countries like Nigeria, Qatar and Saudi Arabia are attractive plays to tap domestic growth in frontier markets, says the head of London-based investment firm Advance Emerging Capital.
Published 09 Jan, 2011 12:00am
Advance Emerging Capital eyes banks, consumer plays

Advance Emerging Capital eyes banks, consumer plays

Banking and consumer-related stocks in countries like Nigeria, Qatar and Saudi Arabia are attractive plays to tap domestic growth in frontier markets, says the head of London-based investment firm Advance Emerging Capital.
Published 09 Jan, 2011 12:00am
Toronto main stocks index plummets

Toronto main stocks index plummets

Toronto's main stock index closed sharply lower on Thursday as a slide in oil and gold prices and disappointing US economic data weighed on heavyweight energy, mining and financial shares. Among oil companies, Suncor Energy fell 2.88 percent to C$37.14, a
Published 09 Jan, 2011 12:00am
California to pay investors after bond default

California to pay investors after bond default

Investors holding some $6 million in lease revenue bonds issued by Chowchilla, California, will be paid no later than Monday despite the small San Joaquin Valley town's technical default on the debt, a city official said on Friday. Chowchilla's fiscal tro
Published 09 Jan, 2011 12:00am
California to pay investors after bond default

California to pay investors after bond default

Investors holding some $6 million in lease revenue bonds issued by Chowchilla, California, will be paid no later than Monday despite the small San Joaquin Valley town's technical default on the debt, a city official said on Friday. Chowchilla's fiscal tro
Published 09 Jan, 2011 12:00am
Treasuries gain

Treasuries gain

US Treasuries ended the week on a positive note after employment data disappointed high expectations, and the market could hold a firmer tone next week if a recent runup in bond yields attracts buyers to new Treasury supply. Treasury note prices gained, l
Published 09 Jan, 2011 12:00am
Treasuries gain

Treasuries gain

US Treasuries ended the week on a positive note after employment data disappointed high expectations, and the market could hold a firmer tone next week if a recent runup in bond yields attracts buyers to new Treasury supply. Treasury note prices gained, l
Published 09 Jan, 2011 12:00am
Sri Lankan shares higher

Sri Lankan shares higher

Heavy retail buying on Friday drove Sri Lanka's stock market higher for a sixth session and deeper into overbought territory, while the rupee ended down on importer dollar demand. The island's main share index rose 1.21 percent or 82.23 points to 6,891.96
Published 09 Jan, 2011 12:00am
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