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Print - 2012-09-21
LME official prices

LME official prices

The following were Wednesday official prices.
Published 21 Sep, 2012 12:00am
KESC extends bill payment date till September 24

KESC extends bill payment date till September 24

Karachi Electric Supply Company (KESC) has extended due dates of bill payment falling on September 21 till September 24 in view of the officially declared public holiday on Friday. The extension has been made for all consumers who have received monthly el
Published 21 Sep, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
SCCI turns to electing young presidents

SCCI turns to electing young presidents

Senator Ilyas Bilour led ruling Businessman Forum (BF) has started electing young businessmen and mostly kin to head Sarhad Chamber of Commerce and Industry (SCCI), premier chamber of Khyber Pakhtunkhwa. The leadership of the chamber like last year has on
Published 21 Sep, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
Russia's team visits Sialkot to enhance bilateral trade

Russia's team visits Sialkot to enhance bilateral trade

Trade representatives of Russia Kozlov and Dr Shahid visited Sialkot city to strategy plan for enhancing bilateral trade between Russia and Pakistan. The delegation visited various industrial units in Sialkot and was highly impressed by the product qualit
Published 21 Sep, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.
Published 21 Sep, 2012 12:00am
Fahim for enhancing trade relations with Mauritius

Fahim for enhancing trade relations with Mauritius

Federal Minister for Commerce, Makhdoom Amin Fahim on Thursday stressed the need for enhancing Pakistan-Mauritius relations, particularly trade ties to benefit both the countries. Talking to the Deputy High Commissioner of Mauritius, D. Prabhakar Gokulsin
Published 21 Sep, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
Pakistan keen to strengthen ties with China: Badar

Pakistan keen to strengthen ties with China: Badar

Leader of the House in Senate, Senator Jehangir Badar has said that Pakistan highly values its relations with China and we have keen desire to strengthen our relations from generation to generation. He was expressing these views in a meeting with Huang Xi
Published 21 Sep, 2012 12:00am
The Weather

The Weather

The weather report on Thursday (September 20, 2012) and the forecast for Friday (September 21, 2012).
Published 21 Sep, 2012 12:00am
Nawaz asks workers to be ready for general election

Nawaz asks workers to be ready for general election

Pakistan Muslim League-Nawaz (PML-N) President Muhammad Nawaz Sharif has asked party workers to start preparations for the general elections which are crucial for the country as well as countrymen. While addressing a party meeting on Thursday, Nawaz said
Published 21 Sep, 2012 12:00am
TCO directed to deploy traffic officers at General Hospital

TCO directed to deploy traffic officers at General Hospital

The Lahore High Court on Thursday directed City Traffic Officer (TCO) to deploy at least three officers of DSP ranks outside the main entrance of General Hospital and also ensure the presence of traffic wardens for 20 hours in a day. The court passed this
Published 21 Sep, 2012 12:00am
Early completion of water, power projects top priority: Wapda chairman

Early completion of water, power projects top priority: Wapda chairman

Besides initiating new projects in water and hydropower sectors, completion of the under-construction projects in shortest possible time is the foremost priority of the present management of the Pakistan Water and Power Development Authority (WAPDA). This
Published 21 Sep, 2012 12:00am
PTV to telecast special programmes today

PTV to telecast special programmes today

Pakistan Television Corporation will telecast special programmes on Friday to observe Youm-e-Ishq-e Rasool (PBUH) in accordance with the decision of the government. PTV will telecast live speech of the PM Pervez Ashraf from Ishq-e-Rasool Conference.
Published 21 Sep, 2012 12:00am
HCCI's election schedule for 2012-13 announced

HCCI's election schedule for 2012-13 announced

The election of Executive Committee members of 6 Corporate Class and 6 Associate Class will be held tomorrow (Saturday) in Hyderabad Chamber of Commerce and Industry (HCCI), HCCI released the schedule of Election for 2012, 2013. Sixty four members nominat
Published 21 Sep, 2012 12:00am
Hoti inaugurates Bacha Khan University

Hoti inaugurates Bacha Khan University

Chief Minister Khyber Pakhtunkhwa Amir Haider Khan Hoti has said that poverty, terrorism and illiteracy could be eliminated only through the promotion of education. He said that the government had realised the dream of Bacha Khan by establishing schools,
Published 21 Sep, 2012 12:00am
IG RP directs to ensure safety of Railways

IG RP directs to ensure safety of Railways

Inspector General Railway Police Syed Ibne Hussain issued strict instructions to all Superintendent Police to ensure safety of Railway installations and Railway Stations and to put their staff on high alert on Friday. He also said that District Police be
Published 21 Sep, 2012 12:00am
THE RUPEE: slight gains

THE RUPEE: slight gains

The rupee inched up versus the dollar on the interbank market while it was unchanged on the open market on Thursday in process of trading, dealers said. The rupee picked up three-paisa for buying at 94.50 and it gained one-paisa for selling at 94.54, they
Published 21 Sep, 2012 12:00am
PIAF-Founders Alliance sweeps polls

PIAF-Founders Alliance sweeps polls

The PIAF-Founders Alliance Thursday made another clean sweep by winning all the 8 seats of LCCI Associate Class for year 2012-13 paving the way for the Alliance to have its President, Senior Vice President and Vice President. Total 2,080 votes were polled
Published 21 Sep, 2012 12:00am
THE RUPEE: slight gains

THE RUPEE: slight gains

The rupee inched up versus the dollar on the interbank market while it was unchanged on the open market on Thursday in process of trading, dealers said. The rupee picked up three-paisa for buying at 94.50 and it gained one-paisa for selling at 94.54, they
Published 21 Sep, 2012 12:00am
UN group chief says 500 cases of missing persons still pending

UN group chief says 500 cases of missing persons still pending

As many as 500 cases in the country are still pending with the Commission of Inquiry on Enforced Disappearances, said Olivier de Frouville, the head of the United Nations (UN) working group here on Thursday. Addressing a press conference in Islamabad at t
Published 21 Sep, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
Pak-Sri Lankan staff level talks begin in Colombo

Pak-Sri Lankan staff level talks begin in Colombo

A high powered defence delegation from Pakistan is currently visiting Sri Lanka to hold first formal staff level talks between Sri Lankan and the Pakistani Armed Forces. The talks are being held from September 18 to 21 at Colombo and would cover a wide ra
Published 21 Sep, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
Nawaz postpones Sindh visit

Nawaz postpones Sindh visit

PML-N president Nawaz Sharif postponed his visit to flood-hit areas of Sindh to observe Yaum-e-Ishq-e-Rasool (PBUH). It was decided in a high-level meeting of the Pakistan Muslim League (N) held here on Thursday. New date of his visit will be announced so
Published 21 Sep, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
July-August FDI down 68 percent

July-August FDI down 68 percent

The Foreign Direct Investment (FDI) fell by 68 percent during the first two months (July-August) of current fiscal year owing to unavailability of infrastructure, energy crisis and adverse law and order situation. The State Bank of Pakistan on Thursday re
Published 21 Sep, 2012 12:00am
Russian Railways in Peugeot logistics unit talks

Russian Railways in Peugeot logistics unit talks

Russia's state railway monopoly is in talks to buy Gefco, the logistics business that loss-making French car maker PSA Peugeot Citroen wants to sell, as it bets on growing demand for transporting goods overland between Europe and Asia. Russian Railways, o
Published 21 Sep, 2012 12:00am
Lint prices steady on better rains

Lint prices steady on better rains

Following rains in several parts of the cotton belt and some floods in selected areas, lint prices have been easy in recent sessions which situation continued on Thursday. Friday (21 September 2012) has been declared a holiday by the government to observe
Published 21 Sep, 2012 12:00am
Lint prices steady on better rains

Lint prices steady on better rains

Following rains in several parts of the cotton belt and some floods in selected areas, lint prices have been easy in recent sessions which situation continued on Thursday. Friday (21 September 2012) has been declared a holiday by the government to observe
Published 21 Sep, 2012 12:00am
Cotton market: rates up on quality improvement

Cotton market: rates up on quality improvement

An upward trend was witnessed on the cotton market on Thursday as the ginners were demanding higher rates due to quality factor, dealers said. Traders were not very active as the government declared holiday to protest against publication of sacrilegious c
Published 21 Sep, 2012 12:00am
Oil cake market rates

Oil cake market rates

Both the contracts were higher on the forward cottonseeds oilcake market on Thursday in process of trading, dealers said. The December vaida closed at Rs 446.30 and it commenced with a rise of 40 paisa at Rs 446.70, they said. The January contract ended a
Published 21 Sep, 2012 12:00am
Canadian canola futures higher

Canadian canola futures higher

ICE Canadian canola futures gained on Wednesday, pulled up by commercial buying at lower prices after a plunge earlier in the week, and with spillover support from higher soyabeans, traders said. Disappointing yields and wind damage in Western Canada last
Published 21 Sep, 2012 12:00am
HRW wheat bids steady

HRW wheat bids steady

Spot basis bids for hard red winter wheat in the US Plains were steady on Thursday, supported by strong demand from mills ahead of the year-end holidays, traders said. "The trucks are lining up," a trader in Oklahoma said, referring to demand from mills.
Published 21 Sep, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 114,385 tonnes of cargo comprising 77,526 tonnes of import cargo and 36,859 tonnes of export cargo including 6,332 loaded & empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 77,52
Published 21 Sep, 2012 12:00am
Soyabean export premiums firmer

Soyabean export premiums firmer

Soyabean export premiums at the US Gulf Coast were mostly steady to firm on Wednesday, supported by improved demand following a steep decline in futures prices early this week, traders said. Some regular importers have booked additional purchases after Ch
Published 21 Sep, 2012 12:00am
Small business seen on grain market

Small business seen on grain market

Thin trading activity was seen on the wholesale grain market on Thursday ahead of country-wide national holiday to protest against anti-Islam film, dealers said. On the cereals side, Gur low type retained overnight level at Rs 4600 while the best quality
Published 21 Sep, 2012 12:00am
UN chief says anti-Islam film 'disgraceful, shameless'

UN chief says anti-Islam film 'disgraceful, shameless'

UN chief Ban Ki-moon said the offensive anti-Islam Internet video that ignited world-wide protests was "disgraceful and shameful." Calling freedom of expression and assembly "inalienable" rights, Ban said Wednesday that they "must be guaranteed and protec
Published 21 Sep, 2012 12:00am
UN chief says anti-Islam film 'disgraceful, shameless'

UN chief says anti-Islam film 'disgraceful, shameless'

UN chief Ban Ki-moon said the offensive anti-Islam Internet video that ignited world-wide protests was "disgraceful and shameful." Calling freedom of expression and assembly "inalienable" rights, Ban said Wednesday that they "must be guaranteed and protec
Published 21 Sep, 2012 12:00am
Thousands clash with police close to diplomatic enclave

Thousands clash with police close to diplomatic enclave

The government on Thursday called in Pakistan Army and Rangers to assist Capital Police after the 'Red Zone' turned into a veritable battlefield, as thousands of protestors, including students, clashed with security personnel in a bid to enter the high-se
Published 21 Sep, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:
Published 21 Sep, 2012 12:00am
Thousands clash with police close to diplomatic enclave

Thousands clash with police close to diplomatic enclave

The government on Thursday called in Pakistan Army and Rangers to assist Capital Police after the 'Red Zone' turned into a veritable battlefield, as thousands of protestors, including students, clashed with security personnel in a bid to enter the high-se
Published 21 Sep, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:
Published 21 Sep, 2012 12:00am
France braces for backlash

France braces for backlash

France was bracing Thursday for a backlash after a French magazine published sacrilegious cartoons, fuelling the flames of protest in the Muslim world over a US-made anti-Islam film. Paris said that on Friday, it would shutter its diplomatic missions, cul
Published 21 Sep, 2012 12:00am
France braces for backlash

France braces for backlash

France was bracing Thursday for a backlash after a French magazine published sacrilegious cartoons, fuelling the flames of protest in the Muslim world over a US-made anti-Islam film. Paris said that on Friday, it would shutter its diplomatic missions, cul
Published 21 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 21 Sep, 2012 12:00am
US using Pakistan TV ads to quell Muslim anger

US using Pakistan TV ads to quell Muslim anger

The United States has bought time on Pakistani television stations to run a series of ads in a bid to stem Muslim protests at an amateur anti-Islam film, a US official said Thursday. The State Department has spent some $70,000 to air the ad in Urdu across
Published 21 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 21 Sep, 2012 12:00am
US using Pakistan TV ads to quell Muslim anger

US using Pakistan TV ads to quell Muslim anger

The United States has bought time on Pakistani television stations to run a series of ads in a bid to stem Muslim protests at an amateur anti-Islam film, a US official said Thursday. The State Department has spent some $70,000 to air the ad in Urdu across
Published 21 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 Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
US citizens again urged to defer travel to Pakistan

US citizens again urged to defer travel to Pakistan

The United States on Thursday warned its citizens to defer all unnecessary travelling to Pakistan while France's Embassy in Islamabad will remain closed on Friday (today), as the country is bracing for more protests against the blasphemous movie clip rele
Published 21 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 Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
US citizens again urged to defer travel to Pakistan

US citizens again urged to defer travel to Pakistan

The United States on Thursday warned its citizens to defer all unnecessary travelling to Pakistan while France's Embassy in Islamabad will remain closed on Friday (today), as the country is bracing for more protests against the blasphemous movie clip rele
Published 21 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 Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
Dual nationality: Supreme Court disqualifies 11 lawmakers

Dual nationality: Supreme Court disqualifies 11 lawmakers

Supreme Court Thursday disqualified eleven parliamentarians for violating constitution by holding dual nationality and directed them to repay all the monetary benefits to national kitty drawn during their stay in office.
Published 21 Sep, 2012 12:00am
Dual nationality: Supreme Court disqualifies 11 lawmakers

Dual nationality: Supreme Court disqualifies 11 lawmakers

Supreme Court Thursday disqualified eleven parliamentarians for violating constitution by holding dual nationality and directed them to repay all the monetary benefits to national kitty drawn during their stay in office.
Published 21 Sep, 2012 12:00am
ECP issues formal notices

ECP issues formal notices

The Election Commission of Pakistan (ECP) on Thursday issued formal notices, disqualifying 11 lawmakers in accordance with a SC order.
Published 21 Sep, 2012 12:00am
ECP issues formal notices

ECP issues formal notices

The Election Commission of Pakistan (ECP) on Thursday issued formal notices, disqualifying 11 lawmakers in accordance with a SC order.
Published 21 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 Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
Banks face 374 billion euro shortfall under capital rules

Banks face 374 billion euro shortfall under capital rules

The world's top banks need to step up efforts to raise cash or hold on to more profits after regulators estimated they would have had a shortfall of 374 billion euros ($488 billion) had new capital rules been in place last year.
Published 21 Sep, 2012 12:00am
Banks face 374 billion euro shortfall under capital rules

Banks face 374 billion euro shortfall under capital rules

The world's top banks need to step up efforts to raise cash or hold on to more profits after regulators estimated they would have had a shortfall of 374 billion euros ($488 billion) had new capital rules been in place last year.
Published 21 Sep, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
Banks face 374 billion euro shortfall under capital rules

Banks face 374 billion euro shortfall under capital rules

The world''s top banks need to step up efforts to raise cash or hold on to more profits after regulators estimated they would have had a shortfall of 374 billion euros ($488 billion) had new capital rules been in place last year.
Published 21 Sep, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
UK regulator clears BSkyB of links to hacking scandal

UK regulator clears BSkyB of links to hacking scandal

Britain's media regulator gave pay-TV firm BSkyB a clean bill of health on Thursday, saying there was no evidence it was linked to a phone hacking scandal which engulfed Rupert Murdoch's News Corp, its largest shareholder. However, Ofcom criticised Murdoc
Published 21 Sep, 2012 12:00am
UK regulator clears BSkyB of links to hacking scandal

UK regulator clears BSkyB of links to hacking scandal

Britain's media regulator gave pay-TV firm BSkyB a clean bill of health on Thursday, saying there was no evidence it was linked to a phone hacking scandal which engulfed Rupert Murdoch's News Corp, its largest shareholder. However, Ofcom criticised Murdoc
Published 21 Sep, 2012 12:00am
UK regulator clears BSkyB of links to hacking scandal

UK regulator clears BSkyB of links to hacking scandal

Britain''s media regulator gave pay-TV firm BSkyB a clean bill of health on Thursday, saying there was no evidence it was linked to a phone hacking scandal which engulfed Rupert Murdoch''s News Corp, its largest shareholder. However, Ofcom criticised Murd
Published 21 Sep, 2012 12:00am
US factories struggle, Europe, China slump

US factories struggle, Europe, China slump

US manufacturing suffered its weakest quarter in three years and conditions at European businesses worsened, surveys showed on Thursday, while China's economy continued to lose momentum. The data shed more light on the difficult task facing global policym
Published 21 Sep, 2012 12:00am
US factories struggle, Europe, China slump

US factories struggle, Europe, China slump

US manufacturing suffered its weakest quarter in three years and conditions at European businesses worsened, surveys showed on Thursday, while China's economy continued to lose momentum. The data shed more light on the difficult task facing global policym
Published 21 Sep, 2012 12:00am
US factories struggle, Europe, China slump

US factories struggle, Europe, China slump

US manufacturing suffered its weakest quarter in three years and conditions at European businesses worsened, surveys showed on Thursday, while China''s economy continued to lose momentum. The data shed more light on the difficult task facing global policy
Published 21 Sep, 2012 12:00am
Index loses 136.02 points

Index loses 136.02 points

Investors on Thursday opted for profit taking ahead of long weekend and prevailing law and order situation and the benchmark KSE-100 index declined by 136.02 points to close at 15,452.64 points. After positive opening the index hit 15,630.2 points intra-d
Published 21 Sep, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am