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  DAWN - the Internet Edition



November 4, 2001 Sunday Shaba’an 17, 1422

FXCM


Business


Pakistan to seek extension till 2005: Deletion plan
ISLAMABAD, Nov 3: Pakistan will seek another two-year extension (i.e.till December 2005) in its deletion programme in the transition period for the elimination of Trade Related Investment Measures (TRIMS) at the...
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4pc growth target may not be achieved
KARACHI, Nov 3: Pakistan’s growth target of 4 per cent in the current fiscal year looks hard to achieve, as development programmes, both at the federal and the provincial levels, are...
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Loan re-profiling being negotiated with US: Ishrat
KARACHI, Nov 3: The State Bank of Pakistan Governor Dr Ishrat Hussain on Saturday said that Pakistan was negotiating to re-profile its foreign loans with the US and other countries....
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Al-Ghazi, foreign equity holder locked in dispute
KARACHI, Nov 3: Al-Ghazi Tractors Limited (AGTL) has sought government’s permission for assembly of tractors under a new brand name: ‘Kissan’, which auto industry analysts suspect might have been triggered by...
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SBP seeks further roll-over of dollar bonds
KARACHI, Nov 3: The holders of the three-year special dollar bonds can roll over the same for seven years at a higher profit....
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Pre-tax profits post robust growth: CORPORATE FOCUS
KARACHI, Nov 3: The pre-tax corporate profits posted a robust growth during fiscal 2000, building on the trend observed in the previous year....
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Important week ahead for stock market
KARACHI, Nov 3: The week beginning Monday would herald important events for the stock market; two new equity offerings and dividend announcements from the two top volume leaders are all scheduled...
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Indonesian bank takeover under a cloud
JAKARTA, Nov 3: A plan by Indonesia’s largest bank, state-run Bank Mandiri, to take over another embattled financial institution as part of efforts to strengthen the frail sector appears to have...
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US bill would base farm subsidies on weather
WASHINGTON, Nov 3: Subsidies to US farmers would be partly based on exchange rates and weather conditions in North America under a plan proposed by Iowa Sen. Charles Grassley on Friday....
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US stocks rise, bonds fall on jobs data
NEW YORK, Nov 3: US blue-chip stocks rose on Friday as investors took in stride news of the worst job losses in more than 20 years in October, while US Treasuries...
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CSCE sugar closes slightly easier
NEW YORK, Nov 3: CSCE sugar futures finished slightly easier Friday on mostly local and speculative turnover as public holidays in observance of All Souls’ Day kept some traders sidelined....
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New York cotton finishes mixed
NEW YORK, Nov 3: NY cotton futures ended a narrow seesaw session by closing on either side of unchanged Friday, stalling after a welcomed midweek bounce lifted traders spirits, brokers said....
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US sees Japan, EU hurdles to world farm trade talks
WASHINGTON, Nov 3: US agriculture negotiators depart next week for a global conference on trade without any guarantees that a new round of negotiations actually will be launched and predicting that...
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Hopes fading for US trade vote before WTO meeting
WASHINGTON, Nov 3: Hopes are fading that the US House of Representatives will vote on trade promotion authority before a gathering of more than 140 countries in Doha, Qatar, late next...
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European petrol prices fall
LONDON, Nov 3: As economic confidence crumbles and job losses mount amid a global downturn, Europeans can take some satisfaction in petrol prices suffering as well, analysts said on Friday....
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Week of bad signals trouble ahead for US economy
WASHINGTON, Nov 3: The United States, reeling from the deadly September 11, attacks, faces rising unemployment, plummeting consumer spending and faltering buyer confidence all of which could plunge the world’s largest...
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First procurement contract being signed on 6th: Contamination-free cotton
LAHORE, Nov 3: The Trading Corporation of Pakistan and textile millers will sign first accord on Tuesday with growers for procurement of contamination-free cotton....
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Firm trend on cotton market
KARACHI, Nov 3: Cotton prices on Saturday maintained their upward drive and were quoted higher by Rs.25.00, but in physical trading fine type from the Punjab ginneries was sold at a...
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EPB not satisfied with cut in war risk levy
LAHORE, Nov 3: Although the shipping and air lines have slashed the war risk insurance surcharge by 20 per cent on cargo to and from Pakistan on the recommendations of a...
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Microsoft, US deal hinges on states
WASHINGTON, Nov 3: An antitrust settlement between the US government and Microsoft announced on Friday after a three-and-a-half-year legal battle would restrict some business practices for the software giant, but states...
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