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Print - 2012-09-21
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
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
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 20, 2012).
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
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
BRIndex30 down by 144.02 points

BRIndex30 down by 144.02 points

On Thursday, BRIndex30 opened at 10,754.70. It touched an intraday high of 10,803.25 and an intraday low of 10,592.38 and closed at 10,610.68 which was -144.02 points or -1.34 percent lower than previous close. Total volume was 78,722,100, which was 49.43
Published 21 Sep, 2012 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
BRIndex30 down by 144.02 points

BRIndex30 down by 144.02 points

On Thursday, BRIndex30 opened at 10,754.70. It touched an intraday high of 10,803.25 and an intraday low of 10,592.38 and closed at 10,610.68 which was -144.02 points or -1.34 percent lower than previous close. Total volume was 78,722,100, which was 49.43
Published 21 Sep, 2012 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates 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
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates 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
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates 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
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
SBP to provide clearer picture of FDI

SBP to provide clearer picture of FDI

The State Bank of Pakistan (SBP) has decided to disseminate monthly statistics of Foreign Direct Investment (FDI) both on "inflows" and "outflows" basis in order to provide a clear picture of foreign investment in the country. Earlier, the SBP used to dis
Published 21 Sep, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
SBP to provide clearer picture of FDI

SBP to provide clearer picture of FDI

The State Bank of Pakistan (SBP) has decided to disseminate monthly statistics of Foreign Direct Investment (FDI) both on "inflows" and "outflows" basis in order to provide a clear picture of foreign investment in the country. Earlier, the SBP used to dis
Published 21 Sep, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (September 20, 2012).
Published 21 Sep, 2012 12:00am
SBP to provide clearer picture of FDI

SBP to provide clearer picture of FDI

The State Bank of Pakistan (SBP) has decided to disseminate monthly statistics of Foreign Direct Investment (FDI) both on "inflows" and "outflows" basis in order to provide a clear picture of foreign investment in the country. Earlier, the SBP used to dis
Published 21 Sep, 2012 12:00am
SBP to provide clearer picture of FDI

SBP to provide clearer picture of FDI

The State Bank of Pakistan (SBP) has decided to disseminate monthly statistics of Foreign Direct Investment (FDI) both on "inflows" and "outflows" basis in order to provide a clear picture of foreign investment in the country. Earlier, the SBP used to dis
Published 21 Sep, 2012 12:00am
Karzai targets governors in anti-graft fight

Karzai targets governors in anti-graft fight

Afghan President Hamid Karzai sacked five governors and made changes to the leadership of almost a third of the country's 34 provinces on Thursday in a shakeout of corrupt or inept officials aimed at soothing foreign donors. In sweeping changes also tight
Published 21 Sep, 2012 12:00am
Karzai targets governors in anti-graft fight

Karzai targets governors in anti-graft fight

Afghan President Hamid Karzai sacked five governors and made changes to the leadership of almost a third of the country's 34 provinces on Thursday in a shakeout of corrupt or inept officials aimed at soothing foreign donors. In sweeping changes also tight
Published 21 Sep, 2012 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation (SBP BSC), including the Public Debt Offices, will remain closed on Friday (today) being Public Holiday declared by the Government of Pakistan on account of Yaum-e-Ishq-e
Published 21 Sep, 2012 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation (SBP BSC), including the Public Debt Offices, will remain closed on Friday (today) being Public Holiday declared by the Government of Pakistan on account of Yaum-e-Ishq-e
Published 21 Sep, 2012 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation (SBP BSC), including the Public Debt Offices, will remain closed on Friday (today) being Public Holiday declared by the Government of Pakistan on account of Yaum-e-Ishq-e
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
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
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
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
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
FPCCI on the rocks once again

FPCCI on the rocks once again

Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex trade body is once again on the rocks. It''s Secretary General Masood Alam Rizvi, who had joined the trade body on his retirement as Secretary, Ministry of Textile Industry, last y
Published 21 Sep, 2012 12:00am