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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-01-16
China's economy grows 10.1 percent

China's economy grows 10.1 percent

The Chinese economy grew around 10.1 percent last year, the deputy head of China's top economic planning agency told Reuters on Saturday, which amounts to the fastest pace of annual growth in three years. Zhang Xiaoqiang, vice chairman of the National Dev
Published 16 Jan, 2011 12:00am
Few cargoes of Thai white sugar change hands, Indian refined sold

Few cargoes of Thai white sugar change hands, Indian refined sold

A few cargoes of Thai white sugar for delivery in the first quarter changed hands at small premiums to London futures, while 6,000 tonnes of Indian sweetener was heading for Indonesia, dealers said on Thursday. Thai whites were sold to various end-users i
Published 16 Jan, 2011 12:00am
India may release more grains to bulk users

India may release more grains to bulk users

India is open to freeing up more grains for bulk consumers, Food Secretary Bhushan Chander Gupta said on Friday, to improve supplies amid huge stockpiles. Asia's third-largest economy, which is battling inflation mainly stoked by high vegetable and dairy
Published 16 Jan, 2011 12:00am
US gold ends down two percent

US gold ends down two percent

US gold futures ended 2 percent lower on Friday after China tightened bank reserves to rein in inflation and as safe-haven demand faded on a better economic outlook. COMEX February gold futures settle down $26.50, or 1.9 percent, at $1,360.5 an ounce on t
Published 16 Jan, 2011 12:00am
Copper moves up

Copper moves up

Copper made modest gains in London on Friday, but US copper surged to near record levels as an improved US economic outlook. While an improved US outlook pushed copper up, concerns about Chinese demand kept sentiment in check. Three-month copper on the Lo
Published 16 Jan, 2011 12:00am
Over 100 pilgrims killed in India stampede

Over 100 pilgrims killed in India stampede

A stampede sparked by a night-time road accident in dense forest has killed more than 100 Hindu pilgrims in the southern Indian state of Kerala, police and officials said on Saturday. The state's deputy general of police told reporters that 102 people had
Published 16 Jan, 2011 12:00am
Man charged with death threats to US regulators

Man charged with death threats to US regulators

A New York money manager with a long history of legal battles with the government has been charged with threatening to kill 47 US officials, including the nation's top securities and commodities regulators. Vincent McCrudden, 49, last month allegedly post
Published 16 Jan, 2011 12:00am
EU freezes Ivory Coast port, bank assets

EU freezes Ivory Coast port, bank assets

The European Union raised pressure on Saturday on Ivory Coast leader Laurent Gbagbo to step down, freezing assets of the West African country's cocoa-exporting ports, its state oil firm and three banks.
Published 16 Jan, 2011 12:00am
US marine kills Afghan cop after dispute

US marine kills Afghan cop after dispute

A US marine shot and killed an Afghan police officer on Saturday after a dispute between the pair during a security operation in southern Afghanistan, the Nato-led International Security Assistance Force (ISAF) said. "After departing his post, the uniform
Published 16 Jan, 2011 12:00am
US further eases travel, remittances to Cuba

US further eases travel, remittances to Cuba

President Barack Obama issued an executive order on Friday loosening more restrictions on US travel and money remittances to Cuba, a further step in his efforts to reach out to the people of the communist-ruled country.
Published 16 Jan, 2011 12:00am
Baghdad, Damascus agree to boost trade ties

Baghdad, Damascus agree to boost trade ties

Baghdad and Damascus agreed to boost trade ties on Saturday during a visit by Syrian Prime Minister Mohammed Naji Otri, four months after the two neighbours re-established full diplomatic relations. Otri's visit follows a mid-October trip to the Syrian ca
Published 16 Jan, 2011 12:00am
North Korea to set up economic development bureau

North Korea to set up economic development bureau

North Korea will establish a government body to fulfil 10-year strategy projects for its economy, official media said on Saturday, as record high prices are threatening a repeat of the 2008 food crisis in the world.
Published 16 Jan, 2011 12:00am
US mother accused of playing on Facebook while baby died

US mother accused of playing on Facebook while baby died

An American mother who told police her 13-month-old son drowned in the bathtub while she was playing a game on Facebook was charged on Friday with child abuse resulting in death. Shannon Johnson, 34, of Colorado was advised of the charge against her via a
Published 16 Jan, 2011 12:00am
China to station troops in North Korea

China to station troops in North Korea

China is in discussions with North Korea about stationing its troops in the isolated state for the first time since 1994, a South Korean newspaper reported Saturday. The Chosun Ilbo newspaper quoted an anonymous official at the presidential Blue House as
Published 16 Jan, 2011 12:00am
Many still missing in Brazil floods; criticism grows

Many still missing in Brazil floods; criticism grows

Dozens of flood survivors desperate for news of missing relatives lined up outside a morgue in the town of Teresopolis on Saturday as criticism grew of authorities' response to one of Brazil's worst natural disasters which has killed nearly 600 people.
Published 16 Jan, 2011 12:00am
Iran to display US drones it shot down: commander

Iran to display US drones it shot down: commander

Iran will put on public display two US Navy drones shot down by its elite Revolutionary Guards, a top Iranian commander said on Saturday. "The planes that were shot down are among the most modern US navy drones and have a long-range capability," Ali Fadav
Published 16 Jan, 2011 12:00am
Clashes in Athens over anti-migrant fence

Clashes in Athens over anti-migrant fence

Far-right protesters threw stones at a pro-migrant march in Athens on Saturday before being dispersed by bursts of teargas, police said, in the latest sign of tension over the capital's growing immigrant population. Over 1,000 members of anti-racism group
Published 16 Jan, 2011 12:00am
South Sudan ends independence vote, awaits statehood

South Sudan ends independence vote, awaits statehood

South Sudan's polling centres closed their doors on Saturday after a week-long vote on independence from the north that could end a vicious cycle of civil war with the creation of the world's newest state. Former US President Jimmy Carter, leading a missi
Published 16 Jan, 2011 12:00am
Former JP Morgan banker loses whistleblower case

Former JP Morgan banker loses whistleblower case

A federal judge dismissed a whistleblower lawsuit by a former J.P. Morgan Chase & Co private banker who said she was fired for questioning the dealings of a lucrative client.
Published 16 Jan, 2011 12:00am
New Zealand battle back: Umar Gul takes three, Tanvir misses hat-trick

New Zealand battle back: Umar Gul takes three, Tanvir misses hat-trick

Pakistan again exposed the brittleness of the New Zealand batting line up when they reduced the Black Caps to 246 for six at stumps on the first day of the second Test on Saturday. In what has become a familiar pattern in recent Tests, the New Zealand low
Published 16 Jan, 2011 12:00am
ICC chief says Cup venues will be ready

ICC chief says Cup venues will be ready

Cricket's global chief Saturday admitted some venues were not yet ready for the World Cup in South Asia but vowed there would be no repeat of chaos that marred the build-up to the Commonwealth Games. International Cricket Council (ICC) chief executive Har
Published 16 Jan, 2011 12:00am
Simon downs Troicki to win Sydney title

Simon downs Troicki to win Sydney title

Gilles Simon claimed his eighth career ATP title with a solid straight sets victory over Serbia's Viktor Troicki in the final of the Sydney International on Saturday. The steady Frenchman drove the excitable Troicki to sheer frustration with his consisten
Published 16 Jan, 2011 12:00am
Iran first into Asian Cup quarter-finals

Iran first into Asian Cup quarter-finals

Three-time champions Iran swept aside North Korea 1-0 at the Asian Cup Saturday to become the first team to qualify for the quarter-finals in their bid to end a 35-year title drought. Karim Ansari Fard struck the winner in the 62nd minute as Team Melli fo
Published 16 Jan, 2011 12:00am
Bahrain oust India

Bahrain oust India

Striker Ismaeel Abdulatif scored four goals as Bahrain swept past India 5-2 at the Al Sadd Stadium on Friday to end the Bhangra Boys's interest in the Asian Cup. Bahrain now need to beat Australia in their final Group C match to qualify for the quarter-fi
Published 16 Jan, 2011 12:00am
Chelsea fourth after beating Blackburn: Tevez sparkles as City go top

Chelsea fourth after beating Blackburn: Tevez sparkles as City go top

A sparkling two-goal display by Carlos Tevez overshadowed a promising debut by Edin Dzeko as Manchester City claimed a nervy 4-3 win over Wolverhampton Wanderers to go top of the Premier League on Saturday. Dzeko, a 27 million pounds ($42.77 million) buy
Published 16 Jan, 2011 12:00am
DDWP approves four development schemes

DDWP approves four development schemes

The Divisional Development Working Party (DDWP) has approved four non-funded schemes at a cost of rupees eight million under 'big city package' and called upon the concerned officers to complete these within the stipulated timeframe.
Published 16 Jan, 2011 12:00am
Dasti expresses concern over use of spurious cottonseed

Dasti expresses concern over use of spurious cottonseed

Member of Parliament, Jamshed Khan Dasti expressed his concern over the use of spurious cottonseed, fertiliser and unavailability of cotton production data. He also asked the Ministry of Food and Agriculture (MINFA) to constitute a joint research and inve
Published 16 Jan, 2011 12:00am
Blasphemy law: religious parties to stage show of strength on January 30

Blasphemy law: religious parties to stage show of strength on January 30

The religious parties of the country will stage a show of strength in support of the Blasphemy Law in the Punjab capital on January 30 while the Jamaat-i-Islami will host an All Parties Conference on the issue on January 29 at Mansoora, the JI chief, Syed
Published 16 Jan, 2011 12:00am
Anti-Measles campaign from January 17

Anti-Measles campaign from January 17

The Health Department is launching 12-day preventive campaign from Monday (17 January) against measles. During the campaign, medical teams would administer injections to the children of 6-month to 6-year of age, Executive District Officer (Health), Lahore
Published 16 Jan, 2011 12:00am
'Intellectual poverty worst form of poverty'

'Intellectual poverty worst form of poverty'

Intellectual poverty is worst form of poverty as it leads nations towards deprivation, said Vice Chancellor of University of Faisalabad Professor Dr Iqrar Ahmad Khan addressing the participants of international symposium on sustainable rural development a
Published 16 Jan, 2011 12:00am
Euro paces best week since March 2009; gains ahead

Euro paces best week since March 2009; gains ahead

The euro headed for its best week in more than 1-1/2 years on Friday and could extend gains next week after successful securities auctions by indebted euro zone members calmed fears of a credit crisis in the region.
Published 16 Jan, 2011 12:00am
Key Euribor rate jumps after ECB inflation warning

Key Euribor rate jumps after ECB inflation warning

Key euro-priced bank-to-bank lending rate jumped back above 1.0 percent on Friday, a day after the European Central Bank ratcheted up its rhetoric on inflation concerns in the euro zone. The ECB kept interest rates on hold at a record low of 1 percent on
Published 16 Jan, 2011 12:00am
Speculators cut US dollar shorts in latest week

Speculators cut US dollar shorts in latest week

Currency speculators slashed bets against the US dollar by nearly half in the latest week, data from the Commodity Futures Trading Commission showed on Friday. The value of the dollar's net short position fell to $7.38 billion in the week ended January 11
Published 16 Jan, 2011 12:00am
Canadian dollar dips

Canadian dollar dips

Canada's dollar nudged lower against the greenback on Friday, pressured by bank tightening in China, but easing concerns about the euro zone debt crisis helped the commodity-linked currency recoup early losses. The euro was set for its best week in over a
Published 16 Jan, 2011 12:00am
Banks lead S&P 500 to seventh week of gains

Banks lead S&P 500 to seventh week of gains

The S&P 500 ended a seventh straight week of gains with a banks-led rally amid healthy volume after encouraging financial results from J.P. Morgan. Strength in financial stocks helped offset economic reports that showed soft December retail sales and cons
Published 16 Jan, 2011 12:00am
Emerging Markets: Latam stocks dip

Emerging Markets: Latam stocks dip

Latin American stocks slipped on Friday on a rise in bank reserve requirements in China, a major consumer of the region's raw material exports. The MSCI Latin American stocks index moved down 0.68 percent, adding to losses in the previous session. Neverth
Published 16 Jan, 2011 12:00am
Sri Lankan shares higher

Sri Lankan shares higher

Sri Lanka's bourse rose on Friday for a 12th straight day on heavy retail buying, hitting its highest level for more than three months, while the rupee closed flat in sluggish trade due to a shortened session. The island's main share index closed 0.15 per
Published 16 Jan, 2011 12:00am
US Treasury Outlook: market steady as growth stays on track

US Treasury Outlook: market steady as growth stays on track

The US government debt market should hold steady next week on views that the economy is growing at a moderate pace with the aid of monetary and fiscal stimuli, with little in the way of economic data that would alter that perception.
Published 16 Jan, 2011 12:00am
US Treasury Outlook: market steady as growth stays on track

US Treasury Outlook: market steady as growth stays on track

The US government debt market should hold steady next week on views that the economy is growing at a moderate pace with the aid of monetary and fiscal stimuli, with little in the way of economic data that would alter that perception.
Published 16 Jan, 2011 12:00am
South Africa stocks inch up at 30-month high

South Africa stocks inch up at 30-month high

The South African stocks inched to their fourth straight gain, renewing a 2-1/2-year high, with retailer Truworths advancing after it said it expects first-half profits to increase by as much as 20 percent while rand fell to its lowest in five weeks on Fr
Published 16 Jan, 2011 12:00am
Treasuries tumble

Treasuries tumble

US Treasury debt prices slipped on Friday as investors' increased tolerance for risk, evident in the stock market's gains, came at the expense of safe-haven US government debt. The S&P 500 stock market index was on track for its seventh straight week
Published 16 Jan, 2011 12:00am
Treasuries tumble

Treasuries tumble

US Treasury debt prices slipped on Friday as investors' increased tolerance for risk, evident in the stock market's gains, came at the expense of safe-haven US government debt. The S&P 500 stock market index was on track for its seventh straight week
Published 16 Jan, 2011 12:00am
Latvia sells 20 million lats debt, yields rise

Latvia sells 20 million lats debt, yields rise

Latvia's state treasury sold all 20 million lats ($36.97 million) of six-month and 12-month T bills on offer on Wednesday, but yields rose, the stock exchange said. The treasury offered 10 million lats of six-month and 10 million lats of debt maturing in
Published 16 Jan, 2011 12:00am
Latvia sells 20 million lats debt, yields rise

Latvia sells 20 million lats debt, yields rise

Latvia's state treasury sold all 20 million lats ($36.97 million) of six-month and 12-month T bills on offer on Wednesday, but yields rose, the stock exchange said. The treasury offered 10 million lats of six-month and 10 million lats of debt maturing in
Published 16 Jan, 2011 12:00am
IPO investors want LBO to pay down debt

IPO investors want LBO to pay down debt

Private equity firms are finding that selling shares in a company they own is not exactly the same as exiting the investment. Traditionally, private equity firms sell companies they own to public investors through an initial public offering. After the IPO
Published 16 Jan, 2011 12:00am
Toronto stocks index rallies session to high

Toronto stocks index rallies session to high

Toronto's main stock index rallied to a session high at the close, powered by strength in financials, after optimism was boosted by unexpectedly strong earnings from J.P. Morgan. The heavily-weighted banking sector, up 1.76 percent, fully offset weakness
Published 16 Jan, 2011 12:00am
Turkish bond yield rises as rate cut bets wane

Turkish bond yield rises as rate cut bets wane

Turkey's benchmark bond yield rose to 7.31 on Friday from 7.19 percent, after comments from the central bank governor increased bets the bank won't cut interest rates at its January 20 meeting. Governor Durmus Yilmaz said on Thursday Turkey's rising curre
Published 16 Jan, 2011 12:00am
Turkish bond yield rises as rate cut bets wane

Turkish bond yield rises as rate cut bets wane

Turkey's benchmark bond yield rose to 7.31 on Friday from 7.19 percent, after comments from the central bank governor increased bets the bank won't cut interest rates at its January 20 meeting. Governor Durmus Yilmaz said on Thursday Turkey's rising curre
Published 16 Jan, 2011 12:00am
Indian bond yields rise

Indian bond yields rise

Indian federal bond yields ended sharply higher on Friday as fears of a rate hike by the central bank heightened after inflation remained sticky in December and buying interest from foreign institutional investors faded. India's headline inflation acceler
Published 16 Jan, 2011 12:00am
Indian bond yields rise

Indian bond yields rise

Indian federal bond yields ended sharply higher on Friday as fears of a rate hike by the central bank heightened after inflation remained sticky in December and buying interest from foreign institutional investors faded. India's headline inflation acceler
Published 16 Jan, 2011 12:00am
South Korea bond prices bounce ahead of rate meeting

South Korea bond prices bounce ahead of rate meeting

South Korean treasury prices rose across the board on Wednesday, pricing in market expectations that the Bank of Korea would keep interest rates on hold for a second month. The latest set of data added to optimism of a solid recovery in Asia's fourth-larg
Published 16 Jan, 2011 12:00am
South Korea bond prices bounce ahead of rate meeting

South Korea bond prices bounce ahead of rate meeting

South Korean treasury prices rose across the board on Wednesday, pricing in market expectations that the Bank of Korea would keep interest rates on hold for a second month. The latest set of data added to optimism of a solid recovery in Asia's fourth-larg
Published 16 Jan, 2011 12:00am
Euro more stable than Deutschmark, ECB president tells Germans

Euro more stable than Deutschmark, ECB president tells Germans

The head of the European Central Bank rejected Saturday criticisms of the euro by some Germans, telling a mass- circulation newspaper that the euro was a more stable currency than Germany's old Deutschmark. "In the past 12 years, the average rate of price
Published 16 Jan, 2011 12:00am
Wait for complete package on debt crisis: Merkel

Wait for complete package on debt crisis: Merkel

German Chancellor Angela Merkel said on Saturday any measure to stabilise the euro should come within a complete strategic package, dampening hopes for a quick decision on moves to tackle the eurozone debt crisis. Germany faces mounting pressure from the
Published 16 Jan, 2011 12:00am
IMF revises Rwanda's growth forecast to 6.5 percent

IMF revises Rwanda's growth forecast to 6.5 percent

The International Monetary Fund revised on Saturday its forecast for Rwanda's economic growth to 6.5 percent in 2010, from a previous 5.4 percent, and said it expected another 6.5 percent expansion this year. "Real GDP growth is projected at 6.5-7.0 perce
Published 16 Jan, 2011 12:00am
BP, Russia's Rosneft in share swap, Arctic pact

BP, Russia's Rosneft in share swap, Arctic pact

BP Plc and Russia's state-controlled Rosneft agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access to areas of the Arctic previously reserved for Russian oil companies.
Published 16 Jan, 2011 12:00am
BP, Russia's Rosneft in share swap, Arctic pact

BP, Russia's Rosneft in share swap, Arctic pact

BP Plc and Russia's state-controlled Rosneft agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access to areas of the Arctic previously reserved for Russian oil companies.
Published 16 Jan, 2011 12:00am
AIG recapitalisation deal closes, share sale looms

AIG recapitalisation deal closes, share sale looms

The recapitalisation of bailed-out insurer American International Group Inc closed on Friday, leaving the government with a 92 percent stake that it plans to sell quickly. Bankers were buzzing on Friday about how soon that might happen, with at least one
Published 16 Jan, 2011 12:00am
AIG recapitalisation deal closes, share sale looms

AIG recapitalisation deal closes, share sale looms

The recapitalisation of bailed-out insurer American International Group Inc closed on Friday, leaving the government with a 92 percent stake that it plans to sell quickly. Bankers were buzzing on Friday about how soon that might happen, with at least one
Published 16 Jan, 2011 12:00am
Citi to compensate for alleged fraud in India

Citi to compensate for alleged fraud in India

Citibank said on Saturday it had begun the process of working towards fair compensation for customers affected by an alleged employee fraud at its branch in Gurgaon, India. The bank said the process of compensation will happen over a period of time and th
Published 16 Jan, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (January 15, 2011).
Published 16 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 15, 2011).

Published 16 Jan, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (January 15, 2011).

Published 16 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 15, 2011).

Published 16 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 15, 2011).

Published 16 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 15, 2011).

Published 16 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 15, 2011).

Published 16 Jan, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 15, 2011).

Published 16 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 15, 2011).

Published 16 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 15, 2011).

Published 16 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 15, 2011).

Published 16 Jan, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 15, 2011).

Published 16 Jan, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 15, 2011).

Published 16 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 15, 2011).

Published 16 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 15, 2011).

Published 16 Jan, 2011 12:00am
THE RUPEE: dollar eases

THE RUPEE: dollar eases

The rupee fluctuated slightly in terms of dollar and euro on the currency market on Saturday, dealers said. The rupee gained eight paisa against dollar for buying at 85.48 and rose by six paisa for selling at 85.54, they said.
Published 16 Jan, 2011 12:00am
THE RUPEE: dollar eases

THE RUPEE: dollar eases

The rupee fluctuated slightly in terms of dollar and euro on the currency market on Saturday, dealers said. The rupee gained eight paisa against dollar for buying at 85.48 and rose by six paisa for selling at 85.54, they said.
Published 16 Jan, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (January 15, 2011).

Published 16 Jan, 2011 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 (January 15, 2011).

Published 16 Jan, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (January 15, 2011).

Published 16 Jan, 2011 12:00am
Philippines has not finalised 2011 rice import plans

Philippines has not finalised 2011 rice import plans

The Philippines, the world's biggest rice buyer in recent years, did not finalise its 2011 rice import plans at a meeting on Friday, but the head of the state grain agency said purchases are unlikely to exceed 1 million tonnes. Angelito Banayo, administra
Published 16 Jan, 2011 12:00am
India's December vegetable oil imports down

India's December vegetable oil imports down

India's annual vegetable oil imports in December fell 4.4 percent on high global prices, a trade body said on Friday, but monthly imports rose as buyers stepped up purchases ahead of Indonesia's export tax hike. Traders had expected an 8.0-percent fall in
Published 16 Jan, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 96,529 tonnes of cargo including 73,581 tonnes of import cargo, 22,948 tonnes of export cargo, 3,385 loaded and empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 73,581 tonnes compris
Published 16 Jan, 2011 12:00am
US Midwest corn, soya bids mostly steady to lower

US Midwest corn, soya bids mostly steady to lower

Corn and soyabean spot basis bids were mostly steady to lower around the US Midwest on Friday, pressured by rising futures and scattered farmer sales of each commodity, grain merchants said. Steady trickle of sales seen around the Corn Belt as farmers con
Published 16 Jan, 2011 12:00am
Grams rates move both ways on grain market

Grams rates move both ways on grain market

Grams prices fluctuated on the wholesales grain and seed market on Saturday in process of slow trading, dealers said. On the grams side, grams Australian was down by Rs 50 to Rs 5200-5400. Grams dal Australia followed the same path losing same amount to R
Published 16 Jan, 2011 12:00am
Jute goods down on Jodia Bazar

Jute goods down on Jodia Bazar

The trading in jute goods twine edged down on Jodia Bazar here on Saturday. The following changes were noted.
Published 16 Jan, 2011 12:00am
Bangladesh to import 900,000 tonnes of rice to boost stocks

Bangladesh to import 900,000 tonnes of rice to boost stocks

Bangladesh will import 900,000 tonnes of rice to boost its stocks to 1.2 million tonnes in the fiscal year ending June 2011, Food and Disaster Minister Abdur Razzaque said on Friday. Rice is the main staple of a population of more than 150 million, around
Published 16 Jan, 2011 12:00am
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