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January 6, 2002 Sunday Shawwal 21, 1422 CCoP okays off-loading of shares in four entities ISLAMABAD, Jan 5: The Cabinet Committee on Privatization (CCoP) on Saturday approved the disinvestment of 10 per cent government’s shares in Pak Saudi Fertilizer Limited, 10 per cent in Pakistan Oilfields... Meat export may suffer another setback KARACHI, Jan 5: Meat exports may suffer another setback due to shortage of meat in view of suspension of smuggled livestock arrival from India through Pakistan-India border, sources said on Saturday.... Chinese firm to get govt financial guarantee: White oil pipeline project ISLAMABAD, Jan 5: The Economic Coordination Committee of the Cabinet (ECC) here on Saturday meeting decided to issue financial guarantee directly to China Petroleum Engineering Construction Corporation (CPECC) to enable Pak-Arab... SECP receives nominations: KSE non-member directors KARACHI, Jan 5: Names for nominations to the Board of Directors of the Karachi Stock Exchange (KSE) as non-member directors had been received by the Securities and Exchange Commission of Pakistan... Sindh now financially sound, says Hafiz KARACHI, Jan 5: Sindh Finance Minister Dr. Hafiz Sheikh said on Saturday the province had now become financially sound and presently it had a surplus of Rs875 million in its coffer.... KSE falls by 20pc in 2001 KARACHI, Jan 5: Main Karachi stock market in Pakistan dropped by 20 per cent in dollar terms during the year 2001, which placed it at a low 11 place in a... Rupee firm against dollar KARACHI, Jan 5: After having fallen modestly against the US dollar during the last couple of sessions, the rupee on Saturday stayed firm on the open market as selling of the... Amnesty for non-listed defaulting cos KARACHI, Jan 5: The Securities and Exchange Commission of Pakistan (SECP), under Circular No 8 of 2001, dated December 31, 2001, has announced the amnesty to the non-listed public and private... Joint stock companies in rough waters KARACHI, Jan 5: The number of joint stock companies listed on the Karachi Stock Exchange (KSE) has fallen continuously for the last few years.... Daschle promises early US Senate vote on trade bill WASHINGTON, Jan 5: US Senate Majority Leader Tom Daschle promised on Friday a vote early this year on a bill that would give President George W. Bush expanded trade negotiating power.... Dollar rises against euro NEW YORK, Jan 5: The dollar was mixed on Friday, falling against the yen but rising for a second session against the euro as investors erased most of the common currency’s... New York cotton futures higher NEW YORK, Jan 5: NY cotton futures finished firmer on Friday when a dearth of selling and small speculators on the prowl for topside stops powered prices to higher ground.... Wall Street stocks climb NEW YORK, Jan 5: Expect stocks to climb for the third straight week as investors yank cash out of money market accounts and snap up shares on optimism an economic rebound... Futures trading on LSE from February 1 LAHORE, Jan 5: The Lahore Stock Exchange (LSE) will start futures trading under its newly framed regulations to govern the futures contracts market from February 1.... Bush promotes economic plan in high-jobless West CRAWFORD, Jan 5: With the gloves off in an election-year battle over the economy, President George W. Bush on Saturday visits the unemployment-plagued West Coast to promote his plan to bring... USDA may delay farm policy loan rates for 2002 WASHINGTON, Jan 5: The US Agriculture Department said on Friday it would await instructions from Congress on wide-ranging farm policy before announcing marketing loan rates for producers of wheat, corn, soyabeans,... Enron unlikely to need $1.5bn loan financing NEW YORK, Jan 5: Enron Corp, the bankrupt energy trading giant, is unlikely to need the whole of a $1.5 billion loan financing package approved last month, according to people familiar... Trading picks up on cotton market KARACHI, Jan 5: Trading on the cotton market on Saturday further picked up as spinners were not inclined to take even a technical breather on the perception that the current rates... Afghanistan, CARs Steps under way to lift curbs on trade thru land PESHAWAR Jan 5: NWFP governor Iftikhar Hussain Shah has said the government is working to lift curbs on trade through land route with Afghanistan and Central Asian Republics (CARs) to help... Exporters seek extension in auction date: Textile residual quota KARACHI, Jan 5: A large number of exporters have criticized the Export Promotion Bureau (EPB) for fixing January 15, 2002 for carrying out first auction of residual quota of textile....

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