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Print - 2011-05-15
Gilani meets Zardari

Gilani meets Zardari

Prime Minister Syed Yousuf Raza Gilani called on President Asif Ali Zardari at Aiwan-e-Sadr on Saturday. The prime minister briefed the President about the in-camera briefing on Abbottabad incident.
Published 15 May, 2011 12:00am
Six killed in Kharian bus blast

Six killed in Kharian bus blast

At least six people were killed and 10 others wounded on Saturday when a bomb planted in a bus exploded in Kharian, police said. "At least six people were killed in the blast," senior police official Afzal Bhatti said, adding that those wounded have been
Published 15 May, 2011 12:00am
Six killed in Kharian bus blast

Six killed in Kharian bus blast

At least six people were killed and 10 others wounded on Saturday when a bomb planted in a bus exploded in Kharian, police said. "At least six people were killed in the blast," senior police official Afzal Bhatti said, adding that those wounded have been
Published 15 May, 2011 12:00am
Bin Laden's death may spur fresh terror: SCO

Bin Laden's death may spur fresh terror: SCO

The killing of Osama bin Laden by US special forces can trigger a backlash from his supporters and a "new wave of terror" across a giant area surrounding Afghanistan, a regional security body said on Saturday.
Published 15 May, 2011 12:00am
Bin Laden's death may spur fresh terror: SCO

Bin Laden's death may spur fresh terror: SCO

The killing of Osama bin Laden by US special forces can trigger a backlash from his supporters and a "new wave of terror" across a giant area surrounding Afghanistan, a regional security body said on Saturday.
Published 15 May, 2011 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (April 1 to 30, 2011)

Published 15 May, 2011 12:00am
Pakistan-US relations: serious questions remain, says Kerry

Pakistan-US relations: serious questions remain, says Kerry

The United States wants Pakistan to be a "real" ally in combating militants inside its borders but serious questions remain in relations between the countries after the killing of Osama bin Laden, US Senator John Kerry said on Saturday.
Published 15 May, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (May 14, 2011) and the forecast for Sunday (May 15, 2011).

Published 15 May, 2011 12:00am
Pakistan-US relations: serious questions remain, says Kerry

Pakistan-US relations: serious questions remain, says Kerry

The United States wants Pakistan to be a "real" ally in combating militants inside its borders but serious questions remain in relations between the countries after the killing of Osama bin Laden, US Senator John Kerry said on Saturday.
Published 15 May, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (May 14, 2011) and for Sunday (May 15, 2011).
Published 15 May, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Bearish sentiment was again witnessed on the money market at the weekend as the rupee drifted lower versus dollar in process of trading, dealers said. The rupee extended its slide versus dollar, losing 10 paisa for buying and selling at 85.20 and 85.25, t
Published 15 May, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Bearish sentiment was again witnessed on the money market at the weekend as the rupee drifted lower versus dollar in process of trading, dealers said. The rupee extended its slide versus dollar, losing 10 paisa for buying and selling at 85.20 and 85.25, t
Published 15 May, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (May 14, 2011).

Published 15 May, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (May 14, 2011).
Published 15 May, 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 (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 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 (May 14, 2011).

Published 15 May, 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 Commi
Published 15 May, 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 15 May, 2011 12:00am
Shanghai gold exchange to cut silver margin requirements

Shanghai gold exchange to cut silver margin requirements

The Shanghai Gold Exchange (SGE) will cut silver margin requirements back to 18 percent from 19 percent from May 13 settlements if there is no sharp movement in prices, it said on Friday. The SGE has hiked margin requirements for its silver forward contra
Published 15 May, 2011 12:00am
Rice prices turn higher on grain market

Rice prices turn higher on grain market

Rice prices were higher on the wholesales grain market on Saturday as rice exporters showed fresh interest in purchasing, dealers said. Only one change was seen on the rice sector, Irri-6 Sindh low type was up by Rs 75 to Rs 3550 and superior type followe
Published 15 May, 2011 12:00am
Oil cake markets rates

Oil cake markets rates

The May vaida was higher on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The May vaida that had closed at Rs 1333.50 opened with a gain of 30 paisa at Rs 1333.80. The July vaida commenced with no change at Rs 1421
Published 15 May, 2011 12:00am
Resumption of activities helps stabilise prices on cotton market

Resumption of activities helps stabilise prices on cotton market

Moderate activity was seen on the cotton market on Saturday as mills came back to make new purchasing, resumption of activity caused stability in the rates, some brokers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 8,5
Published 15 May, 2011 12:00am
Plastic mouldings down on Jodia Bazaar

Plastic mouldings down on Jodia Bazaar

The trading in plastic moulding compounds ended down on Jodia Bazaar here on Saturday. The following changes were observed.
Published 15 May, 2011 12:00am
US Midwest bids for corn, soya firm

US Midwest bids for corn, soya firm

Cash basis bids for corn and soyabeans were steady to firm in the US Midwest on Friday because producer selling remained at a near standstill, dealers said. Fieldwork and a drop in cash prices since mid-April have halted most farmer selling. Cash corn pri
Published 15 May, 2011 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures fell on Friday, following soyabeans down to end with a 1 percent weekly loss. Despite Manitoba flooding, concerns about planting delays easing with dry weekend forecast and progress in Alberta and western Saskatchewan - traders
Published 15 May, 2011 12:00am
US corn extends gains

US corn extends gains

Chicago corn futures trended up further on Friday as concerns mounted over delays in planting crop in the US Midwest corn belt, while soyabeans and wheat tracked commodity markets, extending gains. Oil, gold and copper rose on Friday as a weaker dollar en
Published 15 May, 2011 12:00am
More than 90 percent Ivorian stockpiled cocoa rot-free

More than 90 percent Ivorian stockpiled cocoa rot-free

More than 90 percent of Ivory Coast's stockpiled cocoa has retained its quality despite being stuck in warehouses for over three months during a violent political standoff, exporters said on Friday. The world's leading cocoa producer resumed raw bean expo
Published 15 May, 2011 12:00am
US wheat futures rise

US wheat futures rise

US wheat futures climbed modestly on Friday, rebounding from a near two-month low as flooding threatened wheat in the US Midwest and dry conditions stressed the crop in the southern US Plains. US soyabean futures fell and corn futures were choppy after cr
Published 15 May, 2011 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 73,238 tonnes of cargo including 54,622 tonnes of import cargo, 18,616 tonnes of export cargo and 2,250 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 54,622 tonnes compri
Published 15 May, 2011 12:00am
French analyst cuts EU wheat crop view on drought

French analyst cuts EU wheat crop view on drought

French analyst Strategie Grains on Thursday cut its forecast for this year's soft wheat crop in the European Union by 3.6 million tonnes to 131.5 million tonnes, mainly due to the impact of drought in the west of the bloc. The new forecast was still 4 per
Published 15 May, 2011 12:00am
Sri Lankan shares at one-week high

Sri Lankan shares at one-week high

Sri Lankan shares rose on Friday for a second session led by large cap oil palms shares like Bukit Darah amid foreign outflows, while the rupee edged up on bank dollar sales. Sri Lanka's main share index closed 0.26 percent or 19.12 points up to 7,319.94,
Published 15 May, 2011 12:00am
TSX slides for third week as commodities sag

TSX slides for third week as commodities sag

Toronto's main stock index reversed early gains to finish slightly lower on Friday as volatile commodity prices weighed on the market. Canadian Natural Resources led the blue chip decliners, giving back 1.48 percent to finish at C$39.41. Nexen slid 2.34 p
Published 15 May, 2011 12:00am
China's money market rate jumps

China's money market rate jumps

China's benchmark short-term money market rate spiked up more than 40 basis points on Friday after the People's Bank of China announced a rise in bank reserve requirement ratios (RRR) after the market closed on Thursday. The weighted average seven-day gov
Published 15 May, 2011 12:00am
Indian bond yields up

Indian bond yields up

Indian federal bond yields ended up on Friday after cut-off yields at a $2.7 billion bond sale were higher -than forecast, and traders expect the volatility in global commodity prices and expectations of more rate increases to continue to weigh. The yield
Published 15 May, 2011 12:00am
Indian bond yields up

Indian bond yields up

Indian federal bond yields ended up on Friday after cut-off yields at a $2.7 billion bond sale were higher -than forecast, and traders expect the volatility in global commodity prices and expectations of more rate increases to continue to weigh. The yield
Published 15 May, 2011 12:00am
Groupama AM sees more downside for stocks

Groupama AM sees more downside for stocks

Groupama Asset Management sees equities retreating in the next few months, dragged down by lacklustre macro data from Europe and the United States, where the end of the Federal Reserve's quantitative easing looms. The Paris-based fund management firm, whi
Published 15 May, 2011 12:00am
Groupama AM sees more downside for stocks

Groupama AM sees more downside for stocks

Groupama Asset Management sees equities retreating in the next few months, dragged down by lacklustre macro data from Europe and the United States, where the end of the Federal Reserve's quantitative easing looms. The Paris-based fund management firm, whi
Published 15 May, 2011 12:00am
A storm gathers over equities markets

A storm gathers over equities markets

The big money is calling a halt to the surge in stock prices. Declines in oil and metals prices are being seen by an increasing number of fund managers and strategists as a signal to get out of riskier areas of the equity market. And that means avoiding t
Published 15 May, 2011 12:00am
ADR Report: European banks pressured after Trichet comments

ADR Report: European banks pressured after Trichet comments

Overseas shares traded in the United States fell on Friday as concerns about the global economic growth and Europe's debt crisis prompted investors to sell stocks. European companies traded in the US led losses after hawkish comments from European Central
Published 15 May, 2011 12:00am
Turkish equities suffer late slump

Turkish equities suffer late slump

Turkish equities suffered a late slump to close at a six-week low on Friday, on fears that the country's banks will be hit with another increase to required reserve ratios, squeezing profits further. The Istanbul share index underperformed a flat emerging
Published 15 May, 2011 12:00am
Italy sells 5.2 billion euros of bonds, yields ease

Italy sells 5.2 billion euros of bonds, yields ease

Italy sold nearly 5.2 billion euros ($7.38 billion) of fixed-rate BTP bonds on Friday paying a slightly lower yield on the two bonds on prospects for a tightening of spreads with German bunds. The Italian Treasury sold 3.413 billion euros of five-year BTP
Published 15 May, 2011 12:00am
Italy sells 5.2 billion euros of bonds, yields ease

Italy sells 5.2 billion euros of bonds, yields ease

Italy sold nearly 5.2 billion euros ($7.38 billion) of fixed-rate BTP bonds on Friday paying a slightly lower yield on the two bonds on prospects for a tightening of spreads with German bunds. The Italian Treasury sold 3.413 billion euros of five-year BTP
Published 15 May, 2011 12:00am
Latam stocks slide to lowest since September

Latam stocks slide to lowest since September

Latin American stocks fell to their lowest since September on Friday as concerns about the global economy and Europe's debt crisis pushed investors to dump riskier assets across the board. The MSCI Latin American index shed 1.41 percent and it notched its
Published 15 May, 2011 12:00am
US treasury outlook: 'overbought' bond yields may still go lower

US treasury outlook: 'overbought' bond yields may still go lower

A chorus of analysts have deemed Treasuries to be 'overbought,' with yields - especially in the riskier, longer-dated securities - too low to reflect current economic conditions and the inflation outlook. But despite evidence of price pressures and contin
Published 15 May, 2011 12:00am
US treasury outlook: 'overbought' bond yields may still go lower

US treasury outlook: 'overbought' bond yields may still go lower

A chorus of analysts have deemed Treasuries to be 'overbought,' with yields - especially in the riskier, longer-dated securities - too low to reflect current economic conditions and the inflation outlook. But despite evidence of price pressures and contin
Published 15 May, 2011 12:00am
Wall Street's second weekly fall raises fear of retreat

Wall Street's second weekly fall raises fear of retreat

US stocks ended a second week of losses on a down note Friday, reflecting growing worries that stocks are on the precipice of a pullback. Concern about slowed growth world-wide, the coming end of a supportive Federal Reserve policy and the fear of a worse
Published 15 May, 2011 12:00am
Investors cut bets on yuan, Singapore dollar; turn bearish on rupee

Investors cut bets on yuan, Singapore dollar; turn bearish on rupee

Investors slashed their bets on the Singapore dollar by the most in six months and became less bullish on the yuan, as volatile commodity markets and Greece's debt problems lifted the USD, a monthly Reuters poll showed on Friday. Currency investors turned
Published 15 May, 2011 12:00am
Speculators trim bets against dollar, go long on yen

Speculators trim bets against dollar, go long on yen

Currency speculators trimmed bets against the dollar in the latest week and opened a long position in the yen for the first time in six weeks, data from the Commodity Futures Trading Commission showed on Friday. The value of the dollar's net short positio
Published 15 May, 2011 12:00am
African currency outlook

African currency outlook

The Kenyan and Ugandan shillings are both seen under pressure next week, with the Kenyan currency likely to flirt with a record low against the dollar, due in part to central bank foreign exchange buying.
Published 15 May, 2011 12:00am
Canada's dollar down

Canada's dollar down

Canada's dollar hit its weakest level against the greenback in more than six weeks on Friday, driven lower by a broad rally in the safe-haven greenback and a sell-off in the euro as worries about global growth mounted. The euro, a recent barometer of risk
Published 15 May, 2011 12:00am
Key Euribor rates pick up again as growth surprises

Key Euribor rates pick up again as growth surprises

Key euro-priced bank-to-bank lending rates crept higher on Friday as markets focused on whether stronger-than-expected economic growth in the euro zone will prompt the ECB to proceed with further rate hike plans. Germany, Europe's largest economy, grew by
Published 15 May, 2011 12:00am
Dollar at five-week high

Dollar at five-week high

The US dollar rose to a five-week high against major currencies on Friday as renewed worries about possible euro zone sovereign debt restructuring continued to drive a broad pullback from risky trades in commodities, stocks, and high-yielding currencies.
Published 15 May, 2011 12:00am
Warne apologises for bust-up

Warne apologises for bust-up

Australian leg-spin legend Shane Warne has apologised for his part in a bust-up with a cricket official after a recent Indian Premier League (IPL) match, reports said on Saturday. Warne, captain of the Rajasthan Royals IPL team, was involved in an angry e
Published 15 May, 2011 12:00am
United win record 19th English crown, surpass Liverpool

United win record 19th English crown, surpass Liverpool

Manchester United were crowned English champions for a record 19th time on Saturday when Wayne Rooney's penalty earned a 1-1 draw at Blackburn Rovers and the point they needed to win the Premier League title. Rooney, who came close to quitting United earl
Published 15 May, 2011 12:00am
Manchester City win FA Cup

Manchester City win FA Cup

Manchester City's 35-year wait for a trophy ended when Yaya Toure's unstoppable shot sealed a deserved 1-0 win over Stoke City in the FA Cup final on Saturday. Having secured a place in the Champions League qualifiers for the first time, City's fifth FA C
Published 15 May, 2011 12:00am
SBP Inter-School T20: Kamran Public School, Khan School win

SBP Inter-School T20: Kamran Public School, Khan School win

Kamran Public School beat City School by 9 wickets in the first State Bank of Pakistan Inter-School T20 Cricket Tournament which got under way at SBP Sports Complex, North Nazimabad, Karachi on Saturday. Batting first, City School scored 91 runs for the l
Published 15 May, 2011 12:00am
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