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Print - 2011-07-03
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
Foreign bondholders seek to liquidate Takefuji

Foreign bondholders seek to liquidate Takefuji

Foreign bond investors in Japan's Takefuji Corp filed a motion with a local court on Friday to liquidate the consumer lender, seeking a better recovery from their investment and challenging a court-led rehabilitation plan, two people familiar with the mat
Published 03 Jul, 2011 12:00am
Goldman, J.P Morgan among Loterias IPO lead managers

Goldman, J.P Morgan among Loterias IPO lead managers

Goldman Sachs, J.P. Morgan, UBS and Credit Suisse will lead manage what is expected to be Spain's biggest ever stock market debut, the IPO of state lottery Loterias, media reported on Saturday. Citing market sources, the business daily Expansion said the
Published 03 Jul, 2011 12:00am
US bonds slip on stronger manufacturing data

US bonds slip on stronger manufacturing data

US Treasury debt prices slipped on Friday after manufacturing growth topped forecasts, offering some evidence that the economy might not be destined for an extended slowdown. The manufacturing data fuelled big stock market gains, with major indexes all cl
Published 03 Jul, 2011 12:00am
US bonds slip on stronger manufacturing data

US bonds slip on stronger manufacturing data

US Treasury debt prices slipped on Friday after manufacturing growth topped forecasts, offering some evidence that the economy might not be destined for an extended slowdown. The manufacturing data fuelled big stock market gains, with major indexes all cl
Published 03 Jul, 2011 12:00am
JGBs drop though investor demand supports

JGBs drop though investor demand supports

Japanese government bonds were mostly lower on Friday as players continued to shift positions to riskier assets from safe-haven debt on positive US economic data and relief that Greece will avert imminent default. JGB futures and 10-year cash bonds led de
Published 03 Jul, 2011 12:00am
JGBs drop though investor demand supports

JGBs drop though investor demand supports

Japanese government bonds were mostly lower on Friday as players continued to shift positions to riskier assets from safe-haven debt on positive US economic data and relief that Greece will avert imminent default. JGB futures and 10-year cash bonds led de
Published 03 Jul, 2011 12:00am
Turkish assets mixed, stocks flat

Turkish assets mixed, stocks flat

Turkish assets traded mixed on Friday with the lira gaining on hopes that after unexpectedly strong growth in the first quarter the Turkish Central Bank will have to start hiking interest rates in the coming period. Bonds and stocks traded flat in thin tr
Published 03 Jul, 2011 12:00am
Brazil's Perenco, Tereos put off share offers

Brazil's Perenco, Tereos put off share offers

Perenco Petroleo e Gas, the Brazilian subsidiary of Anglo-French oil producer Perenco, asked regulators on Friday to suspend plans to sell shares in the domestic equity market for up to 60 days, according to a securities filing. The company, which explore
Published 03 Jul, 2011 12:00am
European shares hit one-month high

European shares hit one-month high

European shares hit a one-month high on Friday to record their best week in 10 months after US manufacturing sector growth showed a pick-up in June, raising hopes that the recovery in the world's largest economy remained on track. The macroeconomic number
Published 03 Jul, 2011 12:00am
Zynga files for IPO, surfs Facebook wave

Zynga files for IPO, surfs Facebook wave

Zynga Inc, developer of popular Facebook games such as FarmVille and Mafia Wars, could be the best proxy for investing in Facebook until the world's largest social network goes public itself. Zynga filed with regulators on Friday for an initial public off
Published 03 Jul, 2011 12:00am
Latam stocks up on US data

Latam stocks up on US data

Latin American stocks rose on Friday as gains in US manufacturing outweighed worries of a slowdown in Chinese factories, with equities following US stocks to their biggest weekly gain in nearly a year. The MSCI Latin American index rose 1.47 percent, to c
Published 03 Jul, 2011 12:00am
Sri Lankan stocks rebound

Sri Lankan stocks rebound

Sri Lankan stocks recovered from its near seven-month low in thin trade on Friday as forced selling eased as first-half settlements on credit transaction were accomplished, but low liquidity weighed. Sri Lanka's main share index edged up 0.27 percent or 1
Published 03 Jul, 2011 12:00am
Indian bond yields up

Indian bond yields up

Indian federal bond yields ended higher for the fifth straight session on Friday on market fatigue due to a continuous flow of bond sales and also as risk aversion took a backseat globally, with immediate concerns on Greek debt default receding. The 10-ye
Published 03 Jul, 2011 12:00am
Indian bond yields up

Indian bond yields up

Indian federal bond yields ended higher for the fifth straight session on Friday on market fatigue due to a continuous flow of bond sales and also as risk aversion took a backseat globally, with immediate concerns on Greek debt default receding. The 10-ye
Published 03 Jul, 2011 12:00am
European funds raise stocks, cut cash for first time in 2011

European funds raise stocks, cut cash for first time in 2011

European investors raised equities and cut cash for the first time this year while keeping their bond holdings largely steady, as those who bet the global economy would gradually pick up after the current soft patch bought risky assets. A survey of 17 Eur
Published 03 Jul, 2011 12:00am
European funds raise stocks, cut cash for first time in 2011

European funds raise stocks, cut cash for first time in 2011

European investors raised equities and cut cash for the first time this year while keeping their bond holdings largely steady, as those who bet the global economy would gradually pick up after the current soft patch bought risky assets. A survey of 17 Eur
Published 03 Jul, 2011 12:00am
Indonesia sees higher rice output, bigger surplus in 2011

Indonesia sees higher rice output, bigger surplus in 2011

Indonesia sees higher unmilled rice output in 2011 and a bigger surplus of the staple food as it expands production areas, government officials said on Friday. Despite the improving outlook, analysts still see Southeast Asia's largest economy entering the
Published 03 Jul, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 110,152 tonnes of cargo including 83,004 tonnes of import cargo, 27,148 tonnes of export cargo and 4,631 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 83,004 tonnes compr
Published 03 Jul, 2011 12:00am
Corn export premiums rise at US Gulf Coast

Corn export premiums rise at US Gulf Coast

Corn export premiums at the US Gulf Coast rose on Friday, supported by strong export demand highlighted by the second large sale to China in three months, traders said. China bought as much as 1.6 million tonnes of old- and new-crop US corn this week to r
Published 03 Jul, 2011 12:00am
Russian grain exports face slow restart

Russian grain exports face slow restart

Russian grain sales will get off to a slow start from Friday, when it returned to the global market as a grain exporter after an absence of nearly a year, as buyers appeared in no hurry to snap up supplies. The appetite for Russian wheat will eventually r
Published 03 Jul, 2011 12:00am
IDBP's declares PLS profit rates

IDBP's declares PLS profit rates

The Industrial Development Bank of Pakistan (IDBP) has announced the following rates of profit on different categories of PLS deposits for the half-year ended 30th June 2011:

Published 03 Jul, 2011 12:00am
IDBP's declares PLS profit rates

IDBP's declares PLS profit rates

The Industrial Development Bank of Pakistan (IDBP) has announced the following rates of profit on different categories of PLS deposits for the half-year ended 30th June 2011:

Published 03 Jul, 2011 12:00am
Oil cake market rates

Oil cake market rates

Rising trend was witnessed on the forward cottonseed oilcake market on Saturday while the December vaida was unchanged in process of trading, dealers said. The July contract That had closed at 1425.90 opened with 40 paisa gain at Rs 1426.30. The December
Published 03 Jul, 2011 12:00am
Grams, rice prices up on grain market

Grams, rice prices up on grain market

Grams and rice prices were sharply higher on the wholesale market on Saturday as buyers showed interest in the fresh purchasing ahead of Ramazan, dealers said. On the grams side, gram Australia was up by Rs 100 to Rs 4800-5000, gram dal Australia followed
Published 03 Jul, 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 03 Jul, 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 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (July 02, 2011).
Published 03 Jul, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (July 02, 2011).

Published 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee moved both ways against dollar on the currency market on Saturday in process of trading, money experts said. The rupee gained five paisa against dollar, for buying at 85.90 and rose by three paisa for selling at 85.95, they said.
Published 03 Jul, 2011 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee moved both ways against dollar on the currency market on Saturday in process of trading, money experts said. The rupee gained five paisa against dollar, for buying at 85.90 and rose by three paisa for selling at 85.95, they said.
Published 03 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 02, 2011).

Published 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 02, 2011).

Published 03 Jul, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 02, 2011).

Published 03 Jul, 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 (July 02, 2011).

Published 03 Jul, 2011 12:00am
Kharotabad tribunal report released to Media

Kharotabad tribunal report released to Media

Provincial government has released inquiry tribunal on Kharotabad incident report to the Media on Saturday. It followed Chief Minister's announcement of making public while constituting judicial tribunal to inquire into May 17 incident of Kharotabad. Trib
Published 03 Jul, 2011 12:00am
Reconciliation with MQM quite possible: Nawaz speaks to media persons

Reconciliation with MQM quite possible: Nawaz speaks to media persons

Pakistan Muslim League-Nawaz Quaid Nawaz Sharif Saturday underscored the need for forming a grand opposition alliance "to get rid of the PPP-led government." "Gone are the days of politics which was based on sheer deception and we welcome the MQM on the o
Published 03 Jul, 2011 12:00am
Reconciliation with MQM quite possible: Nawaz speaks to media persons

Reconciliation with MQM quite possible: Nawaz speaks to media persons

Pakistan Muslim League-Nawaz Quaid Nawaz Sharif Saturday underscored the need for forming a grand opposition alliance "to get rid of the PPP-led government." "Gone are the days of politics which was based on sheer deception and we welcome the MQM on the o
Published 03 Jul, 2011 12:00am
Claims payment through ERS: FBR probing 220 percent rise in ST refunds

Claims payment through ERS: FBR probing 220 percent rise in ST refunds

The Federal Board of Revenue (FBR) is probing an abnormal phenomenon in the Electronic Refund Claim System (ERS), as sales tax refunds paid through the system have shown a steep increase of 220 percent against export growth of 62 percent during some patch
Published 03 Jul, 2011 12:00am
Claims payment through ERS: FBR probing 220 percent rise in ST refunds

Claims payment through ERS: FBR probing 220 percent rise in ST refunds

The Federal Board of Revenue (FBR) is probing an abnormal phenomenon in the Electronic Refund Claim System (ERS), as sales tax refunds paid through the system have shown a steep increase of 220 percent against export growth of 62 percent during some patch
Published 03 Jul, 2011 12:00am
Claims payment through ERS: FBR probing 220 percent rise in ST refunds

Claims payment through ERS: FBR probing 220 percent rise in ST refunds

The Federal Board of Revenue (FBR) is probing an abnormal phenomenon in the Electronic Refund Claim System (ERS), as sales tax refunds paid through the system have shown a steep increase of 220 percent against export growth of 62 percent during some patch
Published 03 Jul, 2011 12:00am
Pakistan desires peace in Afghanistan: Prime Minister

Pakistan desires peace in Afghanistan: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Saturday said Pakistan sincerely desires for peace and stability in Afghanistan and will extend all possible support to an Afghan-led reconciliation peace process. He said that Pakistan is committed to creating co
Published 03 Jul, 2011 12:00am
Rehman meets Prince Saud Al-Faisal

Rehman meets Prince Saud Al-Faisal

Interior Minister Rehman Malik, who is in Jeddah on a two-day official visit on Saturday met Prince Saud Al-Faisal, Minister of Foreign Affairs and discussed bilateral relations came under discussion during the meeting. In a fax message received here from
Published 03 Jul, 2011 12:00am
Rehman meets Prince Saud Al-Faisal

Rehman meets Prince Saud Al-Faisal

Interior Minister Rehman Malik, who is in Jeddah on a two-day official visit on Saturday met Prince Saud Al-Faisal, Minister of Foreign Affairs and discussed bilateral relations came under discussion during the meeting. In a fax message received here from
Published 03 Jul, 2011 12:00am
Recorded conversation threw DSK charges into doubt: report

Recorded conversation threw DSK charges into doubt: report

A telephone conversation between a New York hotel maid and her boyfriend recorded after the woman accused former IMF chief Dominique Strauss-Kahn of sexual assault has thrown into doubt her credibility, The New York Times reported. Citing "a well-placed l
Published 03 Jul, 2011 12:00am
No leads on Swiss couple kidnapped

No leads on Swiss couple kidnapped

There were no leads on the whereabouts of a Swiss couple kidnapped by unknown gunmen from a remote area in south-western Pakistan, police said Saturday. Sohailur Rehman Baloch, the senior district administrator, said they were still not sure who kidnapped
Published 03 Jul, 2011 12:00am
235th anniversary of Independence of US celebrated

235th anniversary of Independence of US celebrated

The Consul General of USA in Karachi, William J. Martin, hosted a reception on Saturday evening to mark the 235th anniversary of the independence of the United States of America. The Acting Sindh Governor, Nisar Ahmed Khuhro, was the chief guest. The Amba
Published 03 Jul, 2011 12:00am
Iran to seal border with Pakistan by 2015

Iran to seal border with Pakistan by 2015

Iran will completely seal off its eastern borders with Afghanistan and Pakistan by 2015 to prevent drug smuggling and infiltration of armed groups, media quoted the police chief on Saturday as saying. "About 90 percent of Iran's eastern borders have alrea
Published 03 Jul, 2011 12:00am
Food inflation mounts to 15.67 percent

Food inflation mounts to 15.67 percent

Food inflation mounted to 15.67 percent in June, 2011 over the same month of 2010 after manifold increase in the prices of essential commodities, according to monthly Inflation Price Index. According to Consumer Price Index (CPI) for June, 2011, released
Published 03 Jul, 2011 12:00am
Supreme Court clarification

Supreme Court clarification

Supreme Court on Saturday clarified a news item appearing in a set of newspapers regarding references against those former judges who had taken oath under the annulled Provisional Constitutional Order of 2007. The Supreme Court said that on directions of
Published 03 Jul, 2011 12:00am
Supreme Court clarification

Supreme Court clarification

Supreme Court on Saturday clarified a news item appearing in a set of newspapers regarding references against those former judges who had taken oath under the annulled Provisional Constitutional Order of 2007. The Supreme Court said that on directions of
Published 03 Jul, 2011 12:00am
Hundreds of Afghans join 'anti-Pakistan' rocket demonstration

Hundreds of Afghans join 'anti-Pakistan' rocket demonstration

Around 200 Afghans joined a protest on the streets of Kabul Saturday against what Afghanistan says are Pakistani rocket attacks which have left dozens of people dead. Separately, the border police commander of eastern Afghanistan, General Aminullah Amarkh
Published 03 Jul, 2011 12:00am
Hundreds of Afghans join 'anti-Pakistan' rocket demonstration

Hundreds of Afghans join 'anti-Pakistan' rocket demonstration

Around 200 Afghans joined a protest on the streets of Kabul Saturday against what Afghanistan says are Pakistani rocket attacks which have left dozens of people dead. Separately, the border police commander of eastern Afghanistan, General Aminullah Amarkh
Published 03 Jul, 2011 12:00am
Punjab University contest: praise for bin Laden

Punjab University contest: praise for bin Laden

Two months after the covert US raid that killed Osama bin Laden, posters emblazoned with images of the burning World Trade Center towers appeared at the country's largest university advertising a literary contest to glorify the slain al Qaida chief.
Published 03 Jul, 2011 12:00am
Punjab University contest: praise for bin Laden

Punjab University contest: praise for bin Laden

Two months after the covert US raid that killed Osama bin Laden, posters emblazoned with images of the burning World Trade Center towers appeared at the country's largest university advertising a literary contest to glorify the slain al Qaida chief.
Published 03 Jul, 2011 12:00am
Dr Asim given additional charge of MoP&S

Dr Asim given additional charge of MoP&S

Prime Minister Syed Yousuf Raza Gilani has assigned the additional charge of the Ministry of Ports and Shipping to Dr Asim Hussain, Federal Minister for Petroleum and Natural Resources, a statement from PM House here on Saturday said.
Published 03 Jul, 2011 12:00am
Kharotabad tribunal report released to Media

Kharotabad tribunal report released to Media

Provincial government has released inquiry tribunal on Kharotabad incident report to the Media on Saturday. It followed Chief Minister's announcement of making public while constituting judicial tribunal to inquire into May 17 incident of Kharotabad. Trib
Published 03 Jul, 2011 12:00am
Dr Asim given additional charge of MoP&S

Dr Asim given additional charge of MoP&S

Prime Minister Syed Yousuf Raza Gilani has assigned the additional charge of the Ministry of Ports and Shipping to Dr Asim Hussain, Federal Minister for Petroleum and Natural Resources, a statement from PM House here on Saturday said.
Published 03 Jul, 2011 12:00am
Dr Asim given additional charge of MoP&S

Dr Asim given additional charge of MoP&S

Prime Minister Syed Yousuf Raza Gilani has assigned the additional charge of the Ministry of Ports and Shipping to Dr Asim Hussain, Federal Minister for Petroleum and Natural Resources, a statement from PM House here on Saturday said.
Published 03 Jul, 2011 12:00am
Shaban moon not sighted

Shaban moon not sighted

The Shaban moon has not been sighted in the country, Ruet-i-Hilal Committee announced on Saturday. The announcement was made by Chairman of the Central Ruet-i-Hilal Committee, Mufti Munib ur Rehman, after chairing the meeting of the committee. The first o
Published 03 Jul, 2011 12:00am
Iran to seal border with Pakistan by 2015

Iran to seal border with Pakistan by 2015

Iran will completely seal off its eastern borders with Afghanistan and Pakistan by 2015 to prevent drug smuggling and infiltration of armed groups, media quoted the police chief on Saturday as saying. "About 90 percent of Iran's eastern borders have alrea
Published 03 Jul, 2011 12:00am
Shaban moon not sighted

Shaban moon not sighted

The Shaban moon has not been sighted in the country, Ruet-i-Hilal Committee announced on Saturday. The announcement was made by Chairman of the Central Ruet-i-Hilal Committee, Mufti Munib ur Rehman, after chairing the meeting of the committee. The first o
Published 03 Jul, 2011 12:00am