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  DAWN - the Internet Edition



June 11, 2002 Tuesday Rabi-ul-Awwal 29, 1423

FXCM


Business


0.15m tons sugar export to Kabul likely
ISLAMABAD, June 10: Pakistan is expected to export up to 150,000 tons of sugar to Afghanistan once loya jirga proceedings are over by end of this month, official sources told Dawn....
Complete Story
Foreign debt reduced to $36bn: Ishrat
LAHORE, June 10: State Bank Governor Dr Ishrat Hussain has said that the stock of external debt and liabilities had been reduced from $38 billion in October 1999 to $36 billion...
Complete Story
Dewan group may merge cos in DSFL
KARACHI, June 10: Market talk suggests that the Dewan group is taking a hard look at the possibility of merging all three textile companies into the flagship fibre unit....
Complete Story
Exports decline slightly: Imports slow
ISLAMABAD, June 10: Pakistan’s merchandise exports declined slightly by 0.96 per cent during the period July-May (2001-02) over the corresponding period of previous year, according to the foreign trade statistics released...
Complete Story


Index up by 100 points on India peace overtures
KARACHI, June 10: The KSE 100-share index on Monday rose by six per cent on strong speculative buying triggered by reports that India has indicated to take positive steps to defuse...
Complete Story
Rupee gains 15 paisa in kerb
KARACHI, June 10; The rupee on Monday gained another 15 paisa against the dollar on the open market amid falling demand for the US currency....
Complete Story
KPT uplift projects reviewed
ISLAMABAD, June 10: Minister for Communications and Railways Javed Ashraf Qazi has directed to establish close coordination among various departments of ports and shipping so that their performance could be improved....
Complete Story
NWFP dist govts to get Rs6bn under ADP in 5 years
PESHAWAR, June 10: The NWFP government has underlined a plan to distribute over Rs6 billion among the district governments under the provincially sponsored Annual Development Programme (ADP) during the next five...
Complete Story


Fair to provide IT solution to industries
KARACHI, June 10: An exhibition on “IT solutions for manufacturing industry” is being held on Wednesday at a local hotel in which 25 IT-related companies will demonstrate their products and expertise....
Complete Story
CDC services shares rise
KARACHI, June 10: Number of shares in Investor Account Services of Central Depository Company of Pakistan Limited (CDC), where investors can have direct control of their accounts, had increased to over...
Complete Story
EU okays sanctions process over US steel tariffs
LUXEMBOURG, June 10: EU foreign ministers gave their go-ahead on Monday to a process that could lead to retaliatory sanctions against US tariffs on steel imports which have infuriated Washington’s trade...
Complete Story
Prices higher on cotton market
KARACHI, June 10: Physical activity on the cotton market on Monday remained slow as leading spinners were again conspicuous by their absence owing partly to higher asking prices....
Complete Story


Malaysia warns ASEAN of energy supply risks
KUALA LUMPUR, June 10: Malaysia, an oil producer and promoter of a massive regional gas pipeline, on Monday urged fellow ASEAN nations to increase energy cooperation in the face of threats...
Complete Story
Manila buys 0.25m tons rice from India
MANILA, June 10: The Philippines, one of Asia’s largest rice importers, said on Monday it had bought 250,000 tons of the grain from PEC Ltd of India....
Complete Story
Wheat export
HAMBURG, June 10: No sale has yet been made in the Pakistan government tender for the sale and export of 100,000 tons of soft wheat, European traders said on Monday....
Complete Story
UBL arranges Rs250m for Wah Nobel
KARACHI, June 10: United Bank Limited has successfully arranged Rs250 million syndicated loan facility for Wah Nobel Acetates Ltd....
Complete Story


Palm oil prices tumble
KUALA LUMPUR, June 10: Malaysia’s palm oil futures tumbled on Monday with the benchmark August contract ending near limit-down after disappointing exports data and declines in the soyoil market sparked heavy...
Complete Story
Wall Street seen firmer
LONDON, June 10: Wall Street looked set to make a firmer start on Monday as microchip maker Intel bounced in quiet European trade after Friday’s steep fall....
Complete Story
Exports to Poland rise
KARACHI, June 10: Pakistan’s exports to Poland during the last two years have increased by 30 per cent besides exceeding the export target for this year by a wide margin....
Complete Story
Indian stocks up by 1.9pc
MUMBAI, June 10: Share prices closed 1.9 per cent up on the Bombay Stock Exchange Monday on active trader and fund buying as the market saw a reduction in tensions between...
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