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  DAWN - the Internet Edition



February 17, 2002 Sunday Zilhaj 4, 1422

FXCM


Business


OPIC evaluating 5 projects: $200m investment
KARACHI, Feb 16: The Overseas Private Investment Corporation (OPIC) of the US is evaluating five projects involving $200 million investment for implementation in Pakistan....
Complete Story
Drawback, zero duty facility withdrawn: Six items exports to Kabul, CARs
ISLAMABAD, Feb 16: The government has put restrictions on six exportable items to Afghanistan and Central Asian Republics (CARs) under duty drawback scheme via land route....
Complete Story
Abad, Turkish builders reach accord: Afghan reconstruction
KARACHI, Feb 16: Builders and contractors of Pakistan and Turkey have reached an understanding to work jointly in the reconstruction and rehabilitation in the worn-torn Afghanistan....
Complete Story
Razak not satisfied with US package
KARACHI, Feb 16: Commerce Minister Abdul Razak Dawood on Saturday expressed his dissatisfaction on the economic package offered by the US to Pakistan and said it had proved to be much...
Complete Story


Potential partners in regional business
KARACHI, Feb 16: Apart from traditional bilateral trade ties, Turkey and Pakistan also share a common outlook for regional economic cooperation....
Complete Story
SPI records increase
ISLAMABAD, Feb 16: The Sensitive Price Indicator (SPI) for the week ended on February 14, has registered an increase of 0.46 per cent over the corresponding week....
Complete Story
Enron’s Lay sells shares after warning
WASHINGTON, Feb 16: Former Enron Corp. Chairman Kenneth Lay sold $100 million in company stock last year, including a large portion sold back to Enron after an employee warned him about...
Complete Story
New York cotton futures lower
NEW YORK, Feb 16: NY cotton futures finished lower on Friday as funds were seen evening up their books ahead of the long holiday weekend, traders said....
Complete Story


Dubai sets up financial centre
DUBAI, Feb 16: Dubai announced on Saturday the creation of an international financial centre aimed at making the Gulf’s trading hub a bridge for financial services linking the Middle East with...
Complete Story
US stock markets fall NEW YORK, Feb 16: Stocks fell on Friday as jitters about corporate accounting flared up after reports on companies ranging from International Business Machines Corp. to graphics chip maker Nvidia Corp.,...
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CSCE sugar little changed
NEW YORK, Feb 16: CSCE sugar futures hardly moved on Friday, amid continued spreading and adjustments before a three-day holiday weekend, dealers said....
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‘US restrictions on Iran threat to world energy supply’
TEHRAN, Feb 16: Iranian Oil Minister Bijan Namdar-Zangeneh on Saturday condemned US oil restrictions imposed on his country, saying they threatened the supply to the world market....
Complete Story


Bush wants Japan to act on economy
TOKYO, Feb 16: Hours before starting a rapid tour of Asia’s main economies, US President George W. Bush urged Japan to stimulate the world’s ailing second-biggest economy by cutting red tape...
Complete Story
Gold glows as prices hold high in London
LONDON, Feb 16: Gold glowed again this week as prices held up close to $300 an ounce, the precious metal basking in its rediscovered safe-haven status....
Complete Story
Great scope for Pakistan, Turkey cooperation
KARACHI, Feb 16: Sindh Governor Mohammdmian Soomro has urged the private sector to explore joint venture partnership with Turkish counterpart to improve the volume of trade between Pakistan and Turkey....
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