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Jan 30, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-09-19
US MIDDAY: copper little changed

US MIDDAY: copper little changed

Copper prices were little changed on Tuesday, edging higher in London and lower in New York after rallying last week to the highest levels since May on economic stimulus measures from the US Federal Reserve and the European Central Bank. COMEX copper for
Published 19 Sep, 2012 12:00am
US MIDDAY: soya declines again

US MIDDAY: soya declines again

Soyabeans fell for a second straight day early on Tuesday as the harvest advanced at a record pace and euphoria over the US Federal Reserve's monetary easing faded, but losses were pared by bargain buying after prices tumbled to a one-month low.
Published 19 Sep, 2012 12:00am
Gold recovers in Europe

Gold recovers in Europe

Gold prices recovered earlier losses on Tuesday after a Federal Reserve official said the bank is "running flat out" in its efforts to boost the economy after last week's announcement of a third round of quantitative easing measures. Caution over how far
Published 19 Sep, 2012 12:00am
Gold falls in New York

Gold falls in New York

Gold fell on Monday, outperforming tumbling crude oil and grain markets as economic uncertainty related to last week's monetary stimulus unleashed by US Federal Reserve boosted the metal's safe-haven appeal. Spot gold fell 0.7 percent to $1,757.69 an ounc
Published 19 Sep, 2012 12:00am
Gold slips in Asia

Gold slips in Asia

Gold edged lower in volatile trade on Tuesday after commodity markets plunged overnight and investors booked profits from a recent rally sparked by the US Federal Reserve's aggressive round of stimulus efforts. Gold dropped $5.26 an ounce to $1,755.69, wi
Published 19 Sep, 2012 12:00am
Sugar and cocoa fall

Sugar and cocoa fall

Sugar, cocoa and robusta coffee fell along with the commodity complex on Tuesday as doubts over Spain's willingness to seek international aid refocused investors' attention on the euro zone debt crisis, hitting riskier assets including commodities. Arabic
Published 19 Sep, 2012 12:00am
Palm oil tumbles

Palm oil tumbles

Malaysian crude palm oil futures fell to a one-month low on Tuesday, tracking losses in soybean futures, which had posted their biggest daily drop in a year on a better-than-expected harvest in the US Midwest. Palm oil futures lost as much as 5.3 percent
Published 19 Sep, 2012 12:00am
Soya posts biggest drop in a year

Soya posts biggest drop in a year

US soyabean futures tumbled the daily trading limit on Monday, posting their biggest percentage drop in nearly a year on selling sparked by anecdotal accounts of better-than-expected harvest yields in the Midwest farm belt. Corn at the Chicago Board of Tr
Published 19 Sep, 2012 12:00am
Tokyo rubber futures rise

Tokyo rubber futures rise

Benchmark Tokyo rubber futures rose to a two and a half month high on Tuesday, as investors remained positive over the impact of the latest round of stimulus announced by the US Federal Reserve last week. The benchmark rubber contract on the Tokyo Commodi
Published 19 Sep, 2012 12:00am
Oil stays lower

Oil stays lower

Oil futures fell for a second straight session on Tuesday, weighed down by concerns about sputtering economic growth and indications that Opec's top producer Saudi Arabia is working to drive down prices. Crude futures extended the previous session's slide
Published 19 Sep, 2012 12:00am
Copper steadies

Copper steadies

Copper steadied on Tuesday, pausing for breath as last week's broad rally triggered by the US Federal Reserve's new efforts to stimulate the flagging economy ran out of steam. The Fed said on September 13 it will buy $40 billion a month of mortgage-backed
Published 19 Sep, 2012 12:00am
Shanghai copper down

Shanghai copper down

The most-traded January copper contract on the Shanghai Futures Exchange finished 0.4 percent lower at 59,590 yuan ($9,400) a tonne on Tuesday. Premiums for front-month copper against the rolling third month contract have dropped to 170 yuan from more tha
Published 19 Sep, 2012 12:00am
New York cotton settles lower

New York cotton settles lower

Cotton futures in New York fell on Monday, snapping a two-session run-up, but the drop was mild compared to sharp selloffs in oil and other major commodities. With technical charts showing many commodities at or near overbought territory, traders dumped p
Published 19 Sep, 2012 12:00am
Anti-Japan protests reignite across China on occupation anniversary

Anti-Japan protests reignite across China on occupation anniversary

Anti-Japan protests reignited across China on Tuesday, the sensitive anniversary marking Tokyo's occupation of its giant neighbour, escalating a maritime dispute which has forced major Japanese firms to suspend business there. Relations between Asia's two
Published 19 Sep, 2012 12:00am
Chinese and US ships conduct joint anti-piracy drill

Chinese and US ships conduct joint anti-piracy drill

Chinese and US naval vessels have conducted their first joint anti-piracy exercise in the Gulf of Aden, officials said Tuesday, citing the drill as a sign of improving security ties. The five-hour drill featured a Chinese missile frigate, the Yi Yang, and
Published 19 Sep, 2012 12:00am
Prisoners stage mass escape from Mexican jail

Prisoners stage mass escape from Mexican jail

A total of 129 prisoners escaped from the Piedras Negras jail in northern Mexico, near the border with the United States, through a tunnel, officials confirmed Tuesday. The authorities reduced the figure of escaped inmates from an intial tally of 132, aft
Published 19 Sep, 2012 12:00am
Nato halts work with Afghan allies to stem insider attacks

Nato halts work with Afghan allies to stem insider attacks

Nato ordered a cutback on Tuesday in operations with Afghan forces in response to a surge of so-called insider attacks on foreign servicemen, but said the restriction was temporary and would not derail a 2014 handover of security to Afghans. The order ind
Published 19 Sep, 2012 12:00am
Iraq reopens main Syria crossing to refugees

Iraq reopens main Syria crossing to refugees

Iraq reopened its main Al-Qaim crossing with Syria to refugees on Tuesday, after closing it for several weeks, but continued to deny entry to single men under 50, an Iraqi official said. Amr al-Khafaji, a spokesman for the displacement and migration minis
Published 19 Sep, 2012 12:00am
Iran launches submarine

Iran launches submarine

Iran launched a submarine and a destroyer into the Gulf from Bandar Abbas port on Tuesday at the same time as US and allied navies held exercises in the same waters to practice keeping oil shipping lanes open. Tehran has repeatedly threatened to close the
Published 19 Sep, 2012 12:00am
Customers reporting BofA website problems

Customers reporting BofA website problems

Some Bank of America Corp customers in the United States said on Tuesday they were having trouble logging into its online banking website, reviving memories of a serious outage last fall. The scope of the problem could not immediately be learned, and a Ba
Published 19 Sep, 2012 12:00am
Romney shows leadership deficit on Middle East

Romney shows leadership deficit on Middle East

The White House on Tuesday said Mitt Romney's vow to put off efforts to forge peace between Israelis and Palestinians if he is elected president showed a lack of leadership. President Barack Obama's spokesman Jay Carney said that conceding defeat in the p
Published 19 Sep, 2012 12:00am
Court bans spread of Kate topless pics amid criminal probe

Court bans spread of Kate topless pics amid criminal probe

French authorities on Tuesday banned Closer magazine from any further distribution of pictures of Prince William's wife Catherine topless and began a criminal probe into how they were obtained. An injunction granted by a court at Nanterre in the Paris sub
Published 19 Sep, 2012 12:00am
Major powers recognise Mongolia as nuclear weapons free

Major powers recognise Mongolia as nuclear weapons free

Mongolia, jammed between nuclear arms giants Russia and China, on Monday secured a unique pledge from the major powers not to breach its self-declared nuclear weapons-free zone. The UN ambassadors for Britain, China, France, Russia and the United States -
Published 19 Sep, 2012 12:00am
Suu Kyi meets Clinton in US

Suu Kyi meets Clinton in US

Myanmar's Aung San Suu Kyi made a triumphant debut Tuesday in Washington as she met Hillary Clinton, who voiced excitement at the opposition leader's journey from house arrest to stateswoman. A relaxed and smiling Suu Kyi, dressed in a red jacket with thr
Published 19 Sep, 2012 12:00am
Abbas moots cancelling Oslo Accords: PLO official

Abbas moots cancelling Oslo Accords: PLO official

President Mahmud Abbas proposed cancelling the Oslo Accords with Israel at a weekend meeting of the Palestinian leadership, a senior member of the Palestine Liberation Organisation (PLO) told AFP on Tuesday. PLO Executive Committee member Wassel Abu Yusef
Published 19 Sep, 2012 12:00am
Yemenis protest to end Saleh's immunity

Yemenis protest to end Saleh's immunity

Tens of thousands of Yemenis protested in Sanaa Tuesday against the immunity granted to ousted president Ali Abdullah Saleh, as they commemorated a deadly attack by his forces last year against an anti-regime demonstration. "No immunity, no guarantee... S
Published 19 Sep, 2012 12:00am
Party atmosphere as World Twenty20 lifts off

Party atmosphere as World Twenty20 lifts off

Tight security and empty seats failed to dampen a party atmosphere Tuesday as cricket's World Twenty20 began under a cacophony of vuvuzela horns in Sri Lanka. Fans blowing the plastic trumpets and wearing lion head-dresses greeted the players as the hosts
Published 19 Sep, 2012 12:00am
Teams and fans under surveillance

Teams and fans under surveillance

Sri Lanka launched an unprecedented security operation for cricket's World Twenty20 tournament, with the players also under intense surveillance over match-fixing fears. Bodyguards from the Ministerial Security Division (MSD) and commandos of the elite Sp
Published 19 Sep, 2012 12:00am
Mendis magic gives Sri Lanka perfect start

Mendis magic gives Sri Lanka perfect start

Spinner Ajantha Mendis took a record six wickets for just eight runs as hosts Sri Lanka humbled Zimbabwe in the opening match of the World Twenty20 on Tuesday. Mendis, 27, marked his international return after an eight-month injury lay-off with the devast
Published 19 Sep, 2012 12:00am
Pietersen left out of tour to India

Pietersen left out of tour to India

Kevin Pietersen has been left out of England's Test squad for the tour of India as the controversial batsman pays the price for the text message scandal that has left his international career in tatters. Pietersen was dropped for the final Test against So
Published 19 Sep, 2012 12:00am
Giant-killers lurk for Australia, India

Giant-killers lurk for Australia, India

India and Australia hope to avoid adding to the list of great limited-overs upsets when they open their World Twenty20 campaigns against Afghanistan and Ireland on Wednesday. In a potentially sensational double-header at Colombo's Premadasa stadium, Georg
Published 19 Sep, 2012 12:00am
President enjoys immunity: there's no harm in writing letter: Mukhtar

President enjoys immunity: there's no harm in writing letter: Mukhtar

Minister for Water and Power Chaudhry Ahmed Mukhtar said on Tuesday there is no harm in withdrawing Malik Qayyum's letter to Swiss courts, as it was contrary to the legal requirements. He was talking to media after attending exhibition of electricity equi
Published 19 Sep, 2012 12:00am
Prime Minister hailed for showing compliance with Supreme Court order

Prime Minister hailed for showing compliance with Supreme Court order

Former President Supreme Court Bar Association, Asma Jahangir, hailed Prime Minister for asking Law Minister to write the letter to Swiss government in compliance with Supreme Court's order. Talking to media persons here in Lahore High Court premises, Asm
Published 19 Sep, 2012 12:00am
Proclaimed offender arrested outside Supreme Court building

Proclaimed offender arrested outside Supreme Court building

The Sindh Police on Tuesday arrested a proclaimed offender from outside the Supreme Court (SC) who has challenged the dual nationality of Interior Minister Rehman Malik along with other parliamentarians in the apex court. Syed Mehmud Akhtar Naqvi, a procl
Published 19 Sep, 2012 12:00am
SU announces LLB results

SU announces LLB results

Controller of Examination University of Sindh Dr Naeem Tariq Narejo has declared the results of L.L.B Part-III, annual examinations, 2011. According to declaration, 1,166 candidates submitted their examination forms, out of which 1,151 students appeared i
Published 19 Sep, 2012 12:00am
We've fulfilled our election promises: Hoti

We've fulfilled our election promises: Hoti

Chief Minister, Khyber Pakhtunkhwa, Amir Haider Khan Hoti has said that there is no tussle amongst institutions and the attempts of those creating the rift will be foiled. Addressing a gathering at Mazdoorabad, Takhtbai, he said that the testing times of
Published 19 Sep, 2012 12:00am
BISP clarification

BISP clarification

The news item "Charges of political affiliation: BISP faces prospects of closure after installation of interim set-up: Dlishad" published in Daily Business Recorder on September 18, is imaginary, speculative and based on a few baseless news items w
Published 19 Sep, 2012 12:00am
JTI to hold seminar on prevailing situation

JTI to hold seminar on prevailing situation

Jamiat-e-Talba Islam (JTI) on Tuesday announced a mass awareness seminar on the current situation, on September 20 (Thursday). Addressing a news conference here at the Peshawar Press Club, the provincial president JTI Hafiz Arshad Khan said that they are
Published 19 Sep, 2012 12:00am
Pound gains against weaker euro

Pound gains against weaker euro

Sterling rose against the euro on Monday as uncertainty about Spain encouraged investors to take profit on some of the single currency's recent strong gains, while the pound stayed close to a four-and-a-half month high against the dollar. The UK currency
Published 19 Sep, 2012 12:00am
Ringgit, rupiah lead Asia FX slide

Ringgit, rupiah lead Asia FX slide

Most emerging Asian currencies eased on Tuesday as investors booked profits from their recent rally after the Federal Reserve's policy stimulus last week, although some still bought them on dips with expectations of more inflows to the region. Interbank s
Published 19 Sep, 2012 12:00am
Australian dollar retreats further

Australian dollar retreats further

The Australian dollar retreated further on Tuesday after the Reserve Bank of Australia (RBA) left the door ajar for a rate cut if the economy took a turn for the worse, while the New Zealand dollar kept a steady footing. The Aussie nudged lower to $1.0451
Published 19 Sep, 2012 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 81.60-81.82 (previous 81.75-81.83). Call Money Rates: 10.00-10.00 percent (previous 06.00-11.25 percent).
Published 19 Sep, 2012 12:00am
Dollar hovers near multi-month lows

Dollar hovers near multi-month lows

The dollar hung near seven-month lows against major currencies on Monday after last week's Federal Reserve announcement of aggressive easing dampened the outlook for the US currency. The US dollar could recover somewhat in the near term, as some traders s
Published 19 Sep, 2012 12:00am
Early trade in New York: Euro falls from four-month high

Early trade in New York: Euro falls from four-month high

The euro fell against the dollar on Tuesday as uncertainty about debt-laden Spain prompted some traders to book profits after driving the single currency to a four-month high. Pressure is growing on Spain to request aid and trigger a European Central Bank
Published 19 Sep, 2012 12:00am
Euro slips in London

Euro slips in London

The euro fell on Tuesday, succumbing to profit taking after rallying to four-month highs against the dollar and yen a day earlier, with Spain's apparent reluctance to seek a bailout unnerving investors. The yen also ceded ground against the dollar on spec
Published 19 Sep, 2012 12:00am
Yen under pressure, euro rises in Asia

Yen under pressure, euro rises in Asia

The yen was feeling pressure on Tuesday on speculation that the Bank of Japan might loosen policy while bigger risk appetites following last week's Federal Reserve easing last week helped keep the dollar near a seven-month low against a basket of currenci
Published 19 Sep, 2012 12:00am
Yuan ends stronger

Yuan ends stronger

China's yuan closed stronger on Tuesday despite a weak opening caused by overnight moves in the dollar, and traders said the greenback's fortunes will continue to determine the yuan's trajectory. The dollar index rose overnight, rebounding from recent low
Published 19 Sep, 2012 12:00am
Swiss franc rises

Swiss franc rises

The Swiss franc ticked up against the euro on Tuesday, rebounding from an eight-month low hit the previous session, as concern about Spain's government finances dampened optimism sparked by the European Central Bank's bond buying programme. After spending
Published 19 Sep, 2012 12:00am
Banks, miners lead retreat on UK bourse

Banks, miners lead retreat on UK bourse

Britain's top share index eased for a second day on Tuesday, retreating further off recent six-month highs on uncertainty over whether steps taken by the US and Europe will be enough to kick-start the global economy. In UK's top trading partner the euro z
Published 19 Sep, 2012 12:00am
Australian shares slip

Australian shares slip

Australian shares edged down 0.2 percent in low volume on Tuesday, dragged down by miners, as investors took profits after recent rallies while persistent worries about the slowdown in top customer China drove down metal prices. In a further sign that the
Published 19 Sep, 2012 12:00am
Southeast Asian markets fall after recent gains

Southeast Asian markets fall after recent gains

Southeast Asian stock markets retreated on Tuesday, mirroring concerns about slowing global growth and the debt problems in Europe, with large caps and commodities leading the way. Jakarta's Composite Index fell 0.7 percent, snapping a two-day rally inspi
Published 19 Sep, 2012 12:00am
Wavering Spain dents European shares

Wavering Spain dents European shares

European shares fell on Tuesday as Spain's reluctance to seek a sovereign bailout kept the country's implied borrowing costs high and prompted investors to continue booking profits on a stellar two-month run for eurozone banks. Spain has yet to put in a r
Published 19 Sep, 2012 12:00am
Hong Kong shares slip; China sinks to lowest since September 6

Hong Kong shares slip; China sinks to lowest since September 6

Hong Kong shares slipped from a 4-1/2-month high in light trade, while mainland Chinese markets sank to their lowest in almost two weeks, due to weakness in commodity sectors after steep overnight losses in the physical markets. Chinese automakers with jo
Published 19 Sep, 2012 12:00am
Indian shares snap nine-day winning run

Indian shares snap nine-day winning run

India shares fell on Tuesday, retreating from 14-month highs hit in the previous session, as Reliance Industries and other recent outperformers fell to profit-booking, while Tata Consultancy Services fell on concerns earnings were slowing in the current q
Published 19 Sep, 2012 12:00am
Longer-dated yields recede

Longer-dated yields recede

US Treasury debt prices rose on Monday as investors did some bargain-hunting following a sharp sell-off last week that was tied to inflation fears and reduced safety bids on optimism about the European debt crisis. Longer-dated yields retreated from their
Published 19 Sep, 2012 12:00am
Longer-dated yields recede

Longer-dated yields recede

US Treasury debt prices rose on Monday as investors did some bargain-hunting following a sharp sell-off last week that was tied to inflation fears and reduced safety bids on optimism about the European debt crisis. Longer-dated yields retreated from their
Published 19 Sep, 2012 12:00am
Seoul shares up

Seoul shares up

South Korean stocks edged up in choppy trading on Tuesday as investors reassessed positions in the aftermath of last week's steep gains inspired by the US Federal Reserve. The Korea Composite Stock Price Index (KOSPI) closed 0.13 percent higher at 2,004.9
Published 19 Sep, 2012 12:00am
Taiwan stocks dip

Taiwan stocks dip

Taiwan stocks ended 0.4 percent lower on Tuesday, snapping a seven-day rising streak, with cement makers the biggest losers, down 1.8 percent. The main TAIEX index fell 27.96 points to 7,734.26, taking a pause after hitting a five-month-closing high last
Published 19 Sep, 2012 12:00am
US stocks falls; Apple shares climb to new high

US stocks falls; Apple shares climb to new high

US stocks fell on Monday in light trading after a rally that drove the S&P 500 last week to its highest level in nearly five years and as falling oil prices hit energy shares. The decline broke a four-day streak of gains for the S&P 500. On Friday, both t
Published 19 Sep, 2012 12:00am
Tuesday's afternoon trade: Wall Street dips

Tuesday's afternoon trade: Wall Street dips

Wall Street stocks dipped on Tuesday as investors looked to economic data this week for direction after a rally that was driven primarily by central banks' stimulus policies. US stocks have rallied nearly 6 percent since the start of August, propelling th
Published 19 Sep, 2012 12:00am
Nikkei average slips

Nikkei average slips

The Nikkei average fell on Tuesday as companies heavily exposed to China were caught up in tensions between China and Japan over a territorial dispute that disrupted business and production, and left investors pondering unsettled scenarios. Should the ant
Published 19 Sep, 2012 12:00am
Zuma urges breakthrough in EU trade talks

Zuma urges breakthrough in EU trade talks

South African President Jacob Zuma urged EU leaders on Tuesday to break a deadlock in talks on an Economic Partnership Agreement (EPA) with the 15 nations of the Southern African Development Community (SADC). "I expressed my concern that several key issue
Published 19 Sep, 2012 12:00am
Former Elf chief charged over fraud probe in Togo

Former Elf chief charged over fraud probe in Togo

The former head of French oil giant Elf, Loik Le Floch-Prigent, has been charged with accessory to fraud in Togo after being extradited to the west African nation, his lawyer said Tuesday. The former Elf chief executive was questioned on Monday for about
Published 19 Sep, 2012 12:00am
Lonmin miners accept pay rise to end strike

Lonmin miners accept pay rise to end strike

Striking platinum miners at Lonmin's Marikana mine in South Africa accepted a pay offer on Tuesday, ending six weeks of violent unrest that claimed 45 lives and rattled Africa's largest economy. The strikers, grouped on a bare soccer pitch near the mine,
Published 19 Sep, 2012 12:00am
UK's inflation dips

UK's inflation dips

British inflation ticked down in August despite a rise in oil and fuel costs, providing the Bank of England with more leeway to inject additional cash into the fragile economy. The Office for National Statistics said on Tuesday that consumer price inflati
Published 19 Sep, 2012 12:00am
FedEx lowers profit view

FedEx lowers profit view

FedEx Corp lowered its fiscal 2013 profit target on Tuesday, saying earnings could slide as much as 6 percent for the year, as a weakening world economy prompts customers to shift toward lower-priced and slower shipping options. The world's second-largest
Published 19 Sep, 2012 12:00am
FedEx lowers profit view

FedEx lowers profit view

FedEx Corp lowered its fiscal 2013 profit target on Tuesday, saying earnings could slide as much as 6 percent for the year, as a weakening world economy prompts customers to shift toward lower-priced and slower shipping options. The world's second-largest
Published 19 Sep, 2012 12:00am
Motorola unveils new smartphone

Motorola unveils new smartphone

Motorola Mobility unveiled Tuesday its new Intel-powered RAZR i mobile phone, which it hopes will compete against Apple's iPhone 5 and Samsung's Galaxy S III in the competitive smartphone market. Motorola, which was purchased by Internet giant Google for
Published 19 Sep, 2012 12:00am
US current account deficit shrinks

US current account deficit shrinks

The US current account deficit shrank more than expected in the second quarter as the country boosted exports and cut back on imports, while income earned on US assets abroad increased. The deficit on the current account, which measures the flow of goods,
Published 19 Sep, 2012 12:00am
Homebuilder sentiment at six-year high

Homebuilder sentiment at six-year high

US homebuilder sentiment rose for the fifth month in a row in September to its highest level in over six years in a fresh sign of momentum for the housing market, a report from the National Association of Home Builders showed on Tuesday. The NAHB/Wells Fa
Published 19 Sep, 2012 12:00am
Foreigners boost long-term US assets

Foreigners boost long-term US assets

Foreigners in July increased purchases of US long-term assets, including government bonds and stocks, the US Treasury said on Tuesday. Overseas investors bought $67 billion in long-term assets after buying $9.3 billion in June. Demand for long-term Treasu
Published 19 Sep, 2012 12:00am
Foreigners boost long-term US assets

Foreigners boost long-term US assets

Foreigners in July increased purchases of US long-term assets, including government bonds and stocks, the US Treasury said on Tuesday. Overseas investors bought $67 billion in long-term assets after buying $9.3 billion in June. Demand for long-term Treasu
Published 19 Sep, 2012 12:00am
Court allows Greenberg suit to proceed over AIG bailout

Court allows Greenberg suit to proceed over AIG bailout

A US judge has ruled that former American International Group Inc Chief Executive Officer Hank Greenberg can pursue a case involving the insurer's bailout, citing questions about the Federal Reserve Bank of New York's authority to take equity in the compa
Published 19 Sep, 2012 12:00am
EBRD launches bank's first investments in 'Arab democracies'

EBRD launches bank's first investments in 'Arab democracies'

The European Bank for Reconstruction and Development on Tuesday said it had launched its first investments in "emerging Arab democracies." The announcement comes four months after the EBRD agreed to invest a total of 1.0 billion euros ($1.3 billion) acros
Published 19 Sep, 2012 12:00am
Russia writes off 90 percent of North Korea's debt

Russia writes off 90 percent of North Korea's debt

Russia said on Tuesday it agreed to write off 90 percent of North Korea's $11 billion debt and would reinvest the balance in the reclusive Asian state, in a sign of closer engagement with Pyongyang under new leader Kim Jong-un. By writing off most of the
Published 19 Sep, 2012 12:00am
Morgan Stanley infrastructure fund hit by Volcker rule

Morgan Stanley infrastructure fund hit by Volcker rule

A US regulation that limits how much of its own capital a bank can put at risk is causing headaches for Morgan Stanley as it prepares to raise a new multi-billion-dollar global infrastructure fund, people familiar with the situation said. The regulation,
Published 19 Sep, 2012 12:00am
Morgan Stanley infrastructure fund hit by Volcker rule

Morgan Stanley infrastructure fund hit by Volcker rule

A US regulation that limits how much of its own capital a bank can put at risk is causing headaches for Morgan Stanley as it prepares to raise a new multi-billion-dollar global infrastructure fund, people familiar with the situation said. The regulation,
Published 19 Sep, 2012 12:00am
Chevron fined $17.5 million over Brazil spill

Chevron fined $17.5 million over Brazil spill

Brazilian authorities said Monday they were slapping a $17.5 million fine on US oil firm Chevron in connection with a major spill off Rio de Janeiro state last year. Magda Chambriard, director general of the National Petroleum Agency (ANP), told a press c
Published 19 Sep, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 19 Sep, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 19 Sep, 2012 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 19 Sep, 2012 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 19 Sep, 2012 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 Tuesday (September 18, 2012).

Published 19 Sep, 2012 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 Tuesday (September 18, 2012).

Published 19 Sep, 2012 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 Tuesday (September 18, 2012).

Published 19 Sep, 2012 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 Tuesday (September 18, 2012).

Published 19 Sep, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (September 18, 2012).
Published 19 Sep, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (September 18, 2012).

Published 19 Sep, 2012 12:00am
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