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| September 24, 2002 | Tuesday | Rajab 16, 1423 |
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US assures soft loans, increased investment: Shaukat for Washington today
ISLAMABAD, Sept 23: The Bush administration has assured Pakistan of concessional lending and increased American investment.... 
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CCoP okays ICP Funds, Bank Alfalah bids
ISLAMABAD, Sept 23: The Cabinet Committee on Privatization (CCoP) on Monday approved the bids received for Thatta Cement Company Limited, 28 per cent equity stake in Bank Alfalah and Investment Corporation...
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Market forces PIBs yield to fall
KARACHI, Sept 23: The weighted average yield on three-year and five-year Pakistan Investment Bonds fell on Monday as banks stuck to their forecast of lower interest rates in future....
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War fever drives oil price up to 19-month peak
LONDON, Sept 23: War fever drove US oil prices to a 19-month high on Monday as dealers took fright at the growing threat of an attack on Iraq....
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World stock markets tumble
NEW YORK, Sept 23: The bloodbath on world stock markets intensified on Monday following another stream of grim corporate and economic news, pushing Wall Street down towards its July nadir and...
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70 more securities settled thru NCSS
KARACHI, Sept 23: In addition to the 80 securities already settled through the National Clearing & Settlement System (NCSS), another 70 securities have been declared eligible for clearing and settlement through...
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Govt to off-load 5pc more NBP shares
ISLAMABAD, Sept 23: The government is offering through Privatization Commission its 5 per cent more shares in National Bank of Pakistan for the sale with a green shoe option of another...
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S. Arabia resists lower oil prices
OSAKA, Sept 23: Saudi Arabia, the dominant member of the Opec cartel on Monday resisted pressure from Western and Asian countries to lower oil prices but said spare capacity was ready...
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Euro higher against dollar
LONDON, Sept 23: The euro drifted higher against the dollar on Monday as dealers mulled a razor-thin victory by Chancellor Gerhard Schroeder’s ruling Social Democrats in the German national election, though...
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Stocks recover as sell-off stirs fresh buying
KARACHI, Sept 23: Stocks on Monday staged a broad recovery as investors covered positions at the lower levels buoyed by reports of sell-off of the lot A of state-owned Mutual Funds...
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Spinners, mills indulge in near-panic selling
KARACHI, Sept 23: Brisk trading was witnessed on the cotton market on Monday as spinners and mills indulged in near-panic selling amid reports of fall in arrivals of phutti into the...
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Karachi Port operations
KARACHI, Sept 23: Eight ships, including two carrying 76,000 tons of DAP fertilizer and one with sugar are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Aziz Memon to attend forum in Montreux
KARACHI, Sept 23: Aziz Memon, chairman, Textile Quotas Supervisory Council, is attending executive forum consultation from Wednesday...
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Meezan Bank shares
ISLAMABAD, Sept 23: The Securities and Exchange Commission of Pakistan (SECP) has allowed the Meezan...
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ADB, WB sign accord
MANILA, Sept 23: A World Bank agency and the Asian Development Bank (ADB) agreed on Monday to support foreign direct investment (FDI) in Asia through lending and the provision of investment...
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Wood export
PESHAWAR, Sept 23: The NWFP government is considering a proposal to allow poplar wood export to Afghanistan to cope with the increasing demand of timber there....
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Date extended
KARACHI, Sept 23: The Federation of Pakistan Chambers of Commerce and Industry has extended the last date of submission of applications for the 26th FPCCI Export Trophy Awards 2001-02 (July-June) likely...
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Office-bearers
KARACHI, Sept 23: Khawaja Muhammad Usman has been elected as chairman of Pakistan Cotton Fashion Apparel Manufacturers & Exporters Association for the year 2002-2003. Tariq Shafique and Muddasir Anwar have been...
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