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Print - 2011-03-13
Swann fined for offensive language

Swann fined for offensive language

Spinner Graeme Swann has been fined 10 percent match fee for using offensive language during England's two-wicket defeat by Bangladesh in Chittagong, the International Cricket Council (ICC) said on Saturday. The off-spinner subsequently apologised to the
Published 13 Mar, 2011 12:00am
US gold stays higher

US gold stays higher

Gold remained near the day's highs on Friday after the dollar weakened against the euro and as investors sought the precious metal's safety after Japan's earthquake and with Middle East violence rising heading into the weekend.
Published 13 Mar, 2011 12:00am
Copper steadies

Copper steadies

Copper steadied by the close on Friday, recovering from an earlier three-month low, as investors reassessed the likely fallout from Japan's massive earthquake. An acceleration in Chinese inflation in February only added to the negative mood across the bas
Published 13 Mar, 2011 12:00am
World sends disaster relief teams to Japan

World sends disaster relief teams to Japan

The international community started to send disaster relief teams on Saturday to help Japan after it suffered a massive earthquake and tsunami, with the United Nations sending a group to help co-ordinate work. "We are in the process of deploying 9 experts
Published 13 Mar, 2011 12:00am
Afghan province offers aid to Japan

Afghan province offers aid to Japan

One of impoverished Afghanistan's most violent provinces on Saturday offered $50,000 in aid to help victims of Japan's earthquake and tsunami, officials said. The cash has been offered by officials in Kandahar province in southern Afghanistan, which is se
Published 13 Mar, 2011 12:00am
British court hands down first libel fine for tweet

British court hands down first libel fine for tweet

A former Welsh mayor became the first Briton to be ordered to pay libel damages over a Twitter entry after a political rival sued him in the high court, a report said on Saturday. Colin Elsbury, a former mayor in the south Wales town of Caerphilly had twe
Published 13 Mar, 2011 12:00am
14 killed in tour bus accident in New York: officials

14 killed in tour bus accident in New York: officials

A tour bus flipped over on a highway in New York city early Saturday, killing 14 people and leaving a least six others in critical conditions, authorities said. "The accident was horrific. Fourteen people are dead and others are badly hurt," said Mayor Mi
Published 13 Mar, 2011 12:00am
South Sudan accuses Bashir of plot, suspends talks

South Sudan accuses Bashir of plot, suspends talks

South Sudan accused Sudanese President Omar Hassan Al-Bashir of arming militias to overthrow the south's government before the secession of the oil-producing region in July, and suspended talks with Khartoum. The accusation on Saturday came hours after mi
Published 13 Mar, 2011 12:00am
Twitter ordered to give WikiLeaks data to US

Twitter ordered to give WikiLeaks data to US

A US judge on Friday ordered Twitter to hand over data of three users in contact with the controversial website WikiLeaks, rejecting arguments the move violated freedom of speech and privacy. President Barack Obama's administration obtained a court order
Published 13 Mar, 2011 12:00am
Five Israelis killed

Five Israelis killed

A Palestinian infiltrator stabbed five people to death, three of them children, after breaking into the home of a Jewish family in a West Bank settlement early on Saturday, Israeli officials said. Troops set up roadblocks and were searching the area aroun
Published 13 Mar, 2011 12:00am
US contractor gets 15 years in Havana

US contractor gets 15 years in Havana

Cuba announced Saturday that jailed US contractor Alan Gross has been sentenced to 15 years prison following a trial in Havana. The Popular Provincial Tribunal found Gross responsible for "acts against the independence or territorial integrity," according
Published 13 Mar, 2011 12:00am
Egypt to lift restrictions on political parties

Egypt to lift restrictions on political parties

Egypt will lift restrictions on forming political parties that choked political life during the rule of President Hosni Mubarak after a March 19 referendum on constitutional amendments, an army source said on Saturday. Under Mubarak, parties needed the ap
Published 13 Mar, 2011 12:00am
If Bahrain fails to reform, Iran will meddle: Gates

If Bahrain fails to reform, Iran will meddle: Gates

US Defence Secretary Robert Gates said on Saturday that Bahrain's leaders needed to move quickly to adopt major reforms or else risk interference from Iran. After talks with Bahrain's king and crown prince, Gates said he was hopeful the government would t
Published 13 Mar, 2011 12:00am
Thousands protest outside king's palace

Thousands protest outside king's palace

Thousands of people held a protest against the Bahraini monarchy outside one of the king's palaces near Manama on Saturday, a day after a failed attempt to march on another royal palace. Demonstrators called for the fall of the regime, chanting slogans ag
Published 13 Mar, 2011 12:00am
Thai opposition protesters stage major rally

Thai opposition protesters stage major rally

Tens of thousands of anti-government "Red Shirts" protested in Bangkok Saturday in a major show of strength to mark a year since the start of a mass rally in the capital that turned deadly. Thailand's rival political factions are gearing up for elections
Published 13 Mar, 2011 12:00am
Former Blackwater guards guilty of Afghan manslaughter

Former Blackwater guards guilty of Afghan manslaughter

Two former Blackwater security guards were convicted Friday of involuntary manslaughter for a deadly shooting in Afghanistan but were acquitted of more serious charges, US officials said. Christopher Drotleff, 29, and Justin Cannon, 27, face a maximum of
Published 13 Mar, 2011 12:00am
Tsunami waves kill one in US

Tsunami waves kill one in US

Tsunami waves from Japan's huge quake have killed at least one person and sparked mass evacuations on the American continent, but failed to inflict major damage. Surges of eight feet (2.4 meters) high crashed ashore on the coasts of California and Oregon
Published 13 Mar, 2011 12:00am
US approved $40 billion in 2009 private arms sales

US approved $40 billion in 2009 private arms sales

The US government approved $40 billion in world-wide private arms sales in 2009, including more than $7 billion to Mideast and North African nations that are struggling with political upheaval, the State Department reported. From 2008 to 2009, the US auth
Published 13 Mar, 2011 12:00am
Yen soars, set to rise further after quake

Yen soars, set to rise further after quake

The yen soared on Friday after the worst earthquake on record to hit Japan spurred a safety bid, and it could rise further next week if insurers scramble to raise cash by selling their foreign assets. The yen initially fell to a two-week low against the d
Published 13 Mar, 2011 12:00am
Canadian dollar falls

Canadian dollar falls

Canada's dollar slipped to a its lowest in nearly two weeks against the US dollar, while bonds added to gains on Friday morning after data showed job creation slowed more than expected in February. The data firmed expectations that the Bank of Canada has
Published 13 Mar, 2011 12:00am
Speculators boost dollar shorts, euro longs rise

Speculators boost dollar shorts, euro longs rise

Currency speculators boosted bets in favour of the euro to the highest since December 2007 in the latest week, while the value of bets against the dollar rose further, data from the Commodity Futures Trading Commission showed on Friday.
Published 13 Mar, 2011 12:00am
Quake aftermath could weigh on Japanese ADRs

Quake aftermath could weigh on Japanese ADRs

The rebuilding effort following Japan's devastating earthquake could help stocks in the short-term, although the costs could exacerbate the country's already troubled budget situation. The quake triggered a 10-meter tsunami that killed hundreds of people.
Published 13 Mar, 2011 12:00am
Earthquake, Middle East woes, boost Fed funds futures

Earthquake, Middle East woes, boost Fed funds futures

Traders' expectations for a rate hike from the Federal Reserve in January briefly hit a three-month low on Friday as unrest continued in the Middle East and a powerful earthquake and tsunami struck Japan, killing at least 1,000 people and destroying miles
Published 13 Mar, 2011 12:00am
Energy leads Wall Street after Saudi protests fizzle

Energy leads Wall Street after Saudi protests fizzle

US stocks closed the week on a high note on Friday, on relief that unrest did not engulf top oil producer Saudi Arabia, calming some investors who worried the market was entering a near-term slide. Stocks snapped back from early-week losses even as other
Published 13 Mar, 2011 12:00am
Turkish bond yields down

Turkish bond yields down

Turkish bond yields dipped on Friday due to speculation the central bank will not raise reserve requirement ratios at this month's policy meeting and helped by easer oil prices. Stocks ended one percent higher, with shares in Turkey's largest conglomerate
Published 13 Mar, 2011 12:00am
Turkish bond yields down

Turkish bond yields down

Turkish bond yields dipped on Friday due to speculation the central bank will not raise reserve requirement ratios at this month's policy meeting and helped by easer oil prices. Stocks ended one percent higher, with shares in Turkey's largest conglomerate
Published 13 Mar, 2011 12:00am
Treasury Outlook: post-quake selling spectra may be overblown

Treasury Outlook: post-quake selling spectra may be overblown

Investors in the Treasury market will begin next week by confronting the familiar spectre of possible post-disaster selling of US Treasuries by insurers, following a devastating earthquake in Japan on Friday. But not everyone in the market is convinced th
Published 13 Mar, 2011 12:00am
Treasury Outlook: post-quake selling spectra may be overblown

Treasury Outlook: post-quake selling spectra may be overblown

Investors in the Treasury market will begin next week by confronting the familiar spectre of possible post-disaster selling of US Treasuries by insurers, following a devastating earthquake in Japan on Friday. But not everyone in the market is convinced th
Published 13 Mar, 2011 12:00am
Peru stock exchange expects 3 to 6 IPOs in 2011

Peru stock exchange expects 3 to 6 IPOs in 2011

Three to six companies are expected to debut on the Lima Stock Exchange this year as an association with the bourses of Bogota and Santiago makes a new regional market more attractive to investors, the CEO of the Peruvian exchange said on Friday.
Published 13 Mar, 2011 12:00am
Treasuries fall

Treasuries fall

The biggest earthquake on record to hit Japan may prompt insurance firms to sell assets to pay for damages, and investors were watching Friday to see if they dispose of US government debt to raise cash. The massive quake left analysts seeking market guida
Published 13 Mar, 2011 12:00am
Treasuries fall

Treasuries fall

The biggest earthquake on record to hit Japan may prompt insurance firms to sell assets to pay for damages, and investors were watching Friday to see if they dispose of US government debt to raise cash. The massive quake left analysts seeking market guida
Published 13 Mar, 2011 12:00am
Sri Lankan stocks fall

Sri Lankan stocks fall

Sri Lanka's stock market fell in low volumes and turnover on Friday to over five-week lows as investors cashed in for upcoming IPOs and forced selling by brokers in line with a directive by the Securities and Exchange Commission (SEC). The island's main s
Published 13 Mar, 2011 12:00am
Software, services top 2011 hot IPO

Software, services top 2011 hot IPO

As investors impatiently await initial public offerings from LinkedIn, Groupon, Facebook and other hot Web start-ups, some lesser-known software technology companies are quietly positioning themselves to tap the public markets this year.
Published 13 Mar, 2011 12:00am
TSX snaps four-day slide

TSX snaps four-day slide

Toronto's resource-heavy stock index pushed higher after early volatility on Friday morning as investors bought beaten-down stocks and the market regrouped after an initial selloff in reaction to the huge earthquake in Japan. After four straight days of l
Published 13 Mar, 2011 12:00am
Emerging markets: Latin American stocks bounce at end

Emerging markets: Latin American stocks bounce at end

Latin America stocks bounced up on Friday after the worst weekly slide since November, but equities were facing deeper losses ahead as higher oil prices and rising interest rates could hit growth. The MSCI Latin American stocks index rose 0.22 percent and
Published 13 Mar, 2011 12:00am
Emerging markets: Latin American stocks bounce at end

Emerging markets: Latin American stocks bounce at end

Latin America stocks bounced up on Friday after the worst weekly slide since November, but equities were facing deeper losses ahead as higher oil prices and rising interest rates could hit growth. The MSCI Latin American stocks index rose 0.22 percent and
Published 13 Mar, 2011 12:00am
Indian bond yields steady

Indian bond yields steady

Indian federal bond yields ended largely steady on Friday as traders eyed inflation data on Monday for cues on the tone of the central bank's policy review next week, with expectations of a quarter point hike already priced in. The Reserve Bank of India (
Published 13 Mar, 2011 12:00am
Indian bond yields steady

Indian bond yields steady

Indian federal bond yields ended largely steady on Friday as traders eyed inflation data on Monday for cues on the tone of the central bank's policy review next week, with expectations of a quarter point hike already priced in. The Reserve Bank of India (
Published 13 Mar, 2011 12:00am
Cambodia to use local currency on stock exchange

Cambodia to use local currency on stock exchange

Cambodia will use the local currency for trading on its soon-to-be-launched stock exchange, officials said Saturday, in a bid to boost the use of the riel in the heavily dollarised country. Stock quotations must be in riel only, the Securities and Exchang
Published 13 Mar, 2011 12:00am
IPO to help Norma cut debt

IPO to help Norma cut debt

German engineering group Norma will use the proceeds from its market debut to chip away at its pile of debt and fund acquisitions, the group's top two executives told Reuters. "Our eyes are open and we would consider acquisition targets all over the world
Published 13 Mar, 2011 12:00am
Generator failure grounds US F-35 fighter fleet

Generator failure grounds US F-35 fighter fleet

The US military has grounded its entire fleet of 10 F-35 fighter jets built by Lockheed Martin Corp while it investigates a dual generator failure and an oil leak that occurred during a flight test last week, the company said.
Published 13 Mar, 2011 12:00am
China lifts barrier on Canada legume products

China lifts barrier on Canada legume products

China has removed a key trade barrier against certain foods made with legume crops, Canada's agriculture minister said on Friday. China has removed its maximum limit for selenium, a naturally occurring mineral, in imported food, which acted as a barrier t
Published 13 Mar, 2011 12:00am
Kia recalls 70,000 Optimas

Kia recalls 70,000 Optimas

Kia Motors is recalling more than 70,000 Optima midsize sedans to fix transmission problems that can cause the cars to roll even while they are in park. The cars are from the 2006 through 2008 model years and were built from September 29, 2005 to June 13,
Published 13 Mar, 2011 12:00am
Downgrades more likely if no coherent EU plan: Fitch

Downgrades more likely if no coherent EU plan: Fitch

The risk of credit downgrades for eurozone governments will intensify if European leaders cannot agree a credible and coherent policy response to the bloc's debt crisis, ratings agency Fitch said on Friday. Euro zone leaders must deliver on fiscal consoli
Published 13 Mar, 2011 12:00am
ECB says bond buying plan temporary

ECB says bond buying plan temporary

European Central Bank president Jean-Claude Trichet told German weekly magazine Der Spiegel that the bank's program of buying government bonds was temporary. "We will not do this forever. This measure is, like all our extraordinary measures, temporary," h
Published 13 Mar, 2011 12:00am
Toyota, other carmakers close quake-hit plants

Toyota, other carmakers close quake-hit plants

Toyota Motor Co said it has halted production at two factories with combined annual capacity of 420,000 small cars built mainly for overseas markets, after a massive earthquake hit Japan the previous day. Toyota, Japan's biggest carmaker, said it had not
Published 13 Mar, 2011 12:00am
Argentina fines economists over price data

Argentina fines economists over price data

Argentina's government fined two private consultancies $120,000 over the publication of inflation estimates that more than double the official rate, the state news agency reported on Friday. The government's price watchdog, Domestic Commerce Secretary Gui
Published 13 Mar, 2011 12:00am
Big crowds greet Apple's iPad 2

Big crowds greet Apple's iPad 2

Thousands of people thronged Apple stores on both US coasts as the iPad 2 went on sale on Friday, signalling a strong appetite for a device that dominates the fledgling market it created. Hordes of fans - some of whom had queued up overnight - formed rauc
Published 13 Mar, 2011 12:00am
Irish demands snarl up euro negotiations

Irish demands snarl up euro negotiations

New Irish Prime Minister Enda Kenny held up a summit of leaders as he fought with eurozone partners in the early hours of Saturday to renegotiate the terms of his country's bailout, sources said. As the eurozone struggled to agree a lasting solution to a
Published 13 Mar, 2011 12:00am
Eurozone leaders agree to strengthen bailout fund

Eurozone leaders agree to strengthen bailout fund

European leaders agreed to strengthen the eurozone bailout fund on Saturday, make its loans cheaper and lower the interest rate on funds extended to Greece, a move to get on top of the year-long debt crisis. As part of a bold series of steps that may help
Published 13 Mar, 2011 12:00am
China to help develop Azadegan fields: Iran

China to help develop Azadegan fields: Iran

China will participate in developing Iran's giant north and south Azadegan oil fields, work that is too expensive for an Iran firm to carry out, an Iranian official was quoted as saying on Saturday by the semi-official Mehr news agency. "Separate contract
Published 13 Mar, 2011 12:00am
Loans to Indian farmers to beat Fiscal year 2011 target: Mukherjee

Loans to Indian farmers to beat Fiscal year 2011 target: Mukherjee

Loans to Indian farmers will likely beat the government's target of 3.75 trillion rupees ($83 billion) for the fiscal year ending March 2011, Finance Minister Pranab Mukherjee was quoted as saying on Saturday. "Agriculture lending, particularly the short-
Published 13 Mar, 2011 12:00am
Google rewards top executives

Google rewards top executives

Google has awarded nearly $9 million in bonuses and another $50 million in equity to four top executives of the Internet giant, according to a filing with the US Securities and Exchange Commission. Patrick Pichette, Google's chief financial officer, recei
Published 13 Mar, 2011 12:00am
Fannie former CEO may face claims in SEC probe

Fannie former CEO may face claims in SEC probe

Daniel Mudd, the former CEO of government-sponsored mortgage firm Fannie Mae, has received notice from US regulators that he may face claims for allegedly misleading investors about the mortgage company's exposure to subprime loans, Bloomberg said.
Published 13 Mar, 2011 12:00am
Two small banks closed in Wisconsin, Oklahoma

Two small banks closed in Wisconsin, Oklahoma

Regulators in the US closed two small banks on Friday, bringing the total number of shuttered institutions in 2011 to 25. In 2010 157 banks failed while 140 failed in 2009. The bulk of the closed banks have increasingly been smaller institutions, those wi
Published 13 Mar, 2011 12:00am
US issues BHP new permit to drill in Gulf

US issues BHP new permit to drill in Gulf

The US government has given BHP Billiton the second new permit to drill in the Gulf of Mexico since the Macondo oil spill, the Bureau of Ocean Energy Management said Saturday. A BHP spokesman confirmed that the new permit has been issued for resumption of
Published 13 Mar, 2011 12:00am
South Africa end India's winning run

South Africa end India's winning run

South Africa backed up paceman Dale Steyn's five-wicket burst with their batting depth to end India's winning run with a thrilling three-wicket victory in the World Cup on Saturday. Needing 13 to win in the last over off seamer Ashish Nehra, South Africa
Published 13 Mar, 2011 12:00am
South Africa end India's winning run

South Africa end India's winning run

South Africa backed up paceman Dale Steyn's five-wicket burst with their batting depth to end India's winning run with a thrilling three-wicket victory in the World Cup on Saturday. Needing 13 to win in the last over off seamer Ashish Nehra, South Africa
Published 13 Mar, 2011 12:00am
Vettori missing as Black Caps target quarters

Vettori missing as Black Caps target quarters

New Zealand are hot favourites to seal a place in the World Cup knockout round when they face minnows Canada on Sunday but will have to do it without injured skipper Daniel Vettori. Defeat in Mumbai's Wankhede Stadium would be a major shock for the Black
Published 13 Mar, 2011 12:00am
Lee sends Bolton into semi-finals

Lee sends Bolton into semi-finals

Lee Chung-Yong fired Bolton into the FA Cup last four as the South Korean's late goal clinched a 3-2 win over Birmingham in the quarter-finals at St Andrew's on Saturday. Owen Coyle's side looked to have been denied a place in the last four when Kevin Phi
Published 13 Mar, 2011 12:00am
Ponting promises no let-up for Kenya

Ponting promises no let-up for Kenya

Australia captain Ricky Ponting has promised the champions will field their strongest available side when they face World Cup whipping boys Kenya on Sunday. And he added that could mean Michael Hussey returning at the expense of brother David.
Published 13 Mar, 2011 12:00am
Pakistan blast Umar 'fake' injury claims

Pakistan blast Umar 'fake' injury claims

Pakistan manager Intikhab Alam denied on Saturday that Umar Akmal had faked a finger injury in a desperate bid to save his blundering brother Kamran's place in the team. Umar, who has been tipped to take the wicket-keeping gloves from his elder brother fo
Published 13 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (March 12, 2011) and the forecast for Sunday (March 13, 2011).

Published 13 Mar, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (March 12, 2011) and for Sunday (March 13, 2011).
Published 13 Mar, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 12, 2011).

Published 13 Mar, 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 (March 12, 2011).

Published 13 Mar, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 12, 2011).

Published 13 Mar, 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 (March 12, 2011).

Published 13 Mar, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (March 12, 2011).

Published 13 Mar, 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 (March 12, 2011).

Published 13 Mar, 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 (March 12, 2011).

Published 13 Mar, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 12, 2011).

Published 13 Mar, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Rising demand for dollars pushed the rupee value down versus the greenback on the currency market on Saturday, experts said. The rupee drifted lower in relation to the US currency, falling 17 paisa for buying at 85.45 and lost 18 paisa for selling at 85.5
Published 13 Mar, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Rising demand for dollars pushed the rupee value down versus the greenback on the currency market on Saturday, experts said. The rupee drifted lower in relation to the US currency, falling 17 paisa for buying at 85.45 and lost 18 paisa for selling at 85.5
Published 13 Mar, 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 13 Mar, 2011 12:00am
Russia imports 20,400 tonnes of barley in January

Russia imports 20,400 tonnes of barley in January

Russia's barley imports in January were 20,400 tonnes, compared with none a year ago, official customs data showed on Thursday. Imports followed a shortage at home caused by severe drought. In December, Russia imported 27,600 tonnes of barley, slightly le
Published 13 Mar, 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 (March 12, 2011).

Published 13 Mar, 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 (March 12, 2011).

Published 13 Mar, 2011 12:00am
Oil cake market rates

Oil cake market rates

Bullish trend was seen on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The March vaida that had closed at Rs 1245.50 opened with a gain of 20 paisa at Rs 1245.70. The May contract which closed at Rs 1323.50 opened
Published 13 Mar, 2011 12:00am