Low Graphics Site

September 14, 2002 Saturday Rajab 6, 1423 Export of wheat leads to domestic price hike KARACHI, Sept 13: Flour price in the local market is quietly crawling up as wheat export from Pakistan is picking up momentum with every passing day following the reports that drought... Two more dists to grow taint-free cotton: Junejo ISLAMABAD, Sept 13: The government has decided to extend the Cleaner Cotton Programme to four districts - two each in Punjab and Sindh - after satisfactory results obtained from its implementation... UBL sale proceed eases cash crisis KARACHI, Sept 13: The inter-bank market that had run short of cash last week has become liquid again as Abu Dhabi Group that purchased United Bank Ltd last week has made... Gold importers, dealers stop lifting $, dirham KARACHI, Sept 13: The decision of allowing licence free import of gold in July has now got a jolt as gold dealers and importers have virtually stopped lifting the UAE dirham... Oil prices jump LONDON, Sept 13: Oil prices rose sharply on Friday, following steep declines the previous session, after Iraq reacted defiantly to US President Bush’s ultimatum for the readmission of UN weapons inspectors.... Stocks finish weekend session with fractional decline KARACHI, Sept 13: Stocks on Friday resisted larger fall as leading shares finished partially recovered from the initial lows followed by a late burst of active short-covering. But the underlying sentiment... Nagina Cotton 25pc share holding changes hands KARACHI, Sept 13: More than four million shares in Nagina Cotton Mills Limited, that measured to about a quarter of the company’s equity were offloaded by a financial institution at average... Subvention pool Shaukat to chair NFC meeting tomorrow PESHAWAR, Sept 13: The establishment of the proposed subvention pool and the issue of distribution of 2.5 per cent funds of the General Sales Tax (GST) would be looked into by... 8 model industrial estates planned ISLAMABAD, Sept 13: The government has finalized plans to establish eight model industrial estates — two in each province — to kick-start industrial activity to end national economic stagnation.... EPB asked to form new rules for export: Kinnoo, mangoes ISLAMABAD, Sept 13: The Ministry of Commerce has asked the Export Promotion Bureau (EPB) to formulate new regulations in respect of kinnoos and mangoes export in consultation with the relevant stakeholders... Cotton prices fall on hasty selling KARACHI, Sept 13: Cotton prices on Friday eased further as ginners indulged in fresh hasty selling followed by reports of larger arrivals of phutti into the ginneries and spot selling by... FWB posts Rs81m profit KARACHI, Sept 13: The First Women Bank (FWB) has earned pre- tax profit of Rs81.3 million in eight months to August 2002 against the target of Rs63 million. The bank has... Karachi Port operations KARACHI, Sept 13: Ten ships including Favorita to load 30,200 tons of wheat are expected to arrive at the outer anchorage on Saturday, according to KPT sources.... FTSE trims losses LONDON, Sept 13: Britain’s FTSE 100 closed above its lows on Friday after an initial sell-off on concerns about the outlook for financials and fresh US corporate setbacks was partly offset... MCB rated AA, A1+ LAHORE, Sept 13: Muslim Commercial Bank has been assigned a long-term rating of “AA” (double A) and short-term rating of “A1+” (A one plus) by Pakistan Credit Rating Agency (Pacra).... Dollar steady as market awaits key US figures LONDON, Sept 13: Major currencies were locked in narrow ranges on Friday with the dollar holding steady ahead of the release of another batch of key US economic statistics.... China’s foreign investment surges BEIJING, Sept 13: A flood of overseas cash pouring into China’s economy picked up still further during August, with foreign investment growing 25.5pc in the first 8 months of the year,... Malaysian palm oil lower KUALA LUMPUR, Sept 13: Malaysian palm oil futures ended lower in a volatile trade on Friday with players getting increasingly nervous about the future due to rising output and talk of... Asian precious metals flat HONG KONG, Sept 13: Premiums for good-delivery gold kilobars seesawed in and out of negative territory this week, following fluctuations in the spot price, while silver charges remained relatively flat, dealers... Ishrat for US today KARACHI, Sept 13: The Governor, State Bank of Pakistan (SBP), Dr Ishrat Hussain is leaving for Washington on Saturday on an official visit to the United States....

Contributions Privacy Policy © DAWN Group of Newspapers, 2005