| 06 February 2004 | Friday | 14 Zilhaj 1424 |
|
Provinces, ministries to submit estimates: Forex disbursements
ISLAMABAD, Feb 5: The federal government has directed all provincial governments, federal ministries and autonomous bodies to submit their estimates of foreign exchange commitment and disbursements for the next fiscal year latest by March 5, 2004. ... 
|
|
Eurobonds roadshow begins today
KARACHI, Feb 5: Finance Minister Shaukat Aziz and his adviser Dr Ashfaq are formally floating Pakistan's Eurobonds at a roadshow on Friday afternoon in Singapore. ...
|
|
||
|
SingTel likely to buy stake in PTCL
SINGAPORE, Feb 5: Pakistan could be the next destination for Singapore Telecommunications Ltd after officials on Thursday named state-owned Pakistan Telecommunications Company Limited (PTCL) as a "possible" investment target. ...
|
|
BoJ maintains stimulative monetary policy
TOKYO, Feb 5: Japan's central bank left its stimulative monetary policy unchanged on Thursday, vowing to pump ample cash into the economy to support a recovery it still sees as only moderate. ...
|
|
|
||
|
US markets at odds over Fed rate outlook
NEW YORK, Feb 5: US financial markets appear to be at odds over the timing and size of the US central bank's next rate rise, after the Fed created an earthquake last week when it dropped two words from its policy statement. ...
|
|
BoE hikes interest rates
LONDON, Feb 5: The Bank of England announced on Thursday its second interest rate increase within just three months in response to mounting signs that an economic recovery is gathering steam. ...
|
|
|
||
|
Canadian trade team due on 13th
TORONTO, Feb 5: A nine-member Canadian trade delegation will visit Pakistan next week to explore possibilities of joint ventures in the field of auto parts manufacturing and the conversion of natural gas (CNG) devices. ...
|
|
Shell profits slump 33pc in 4th quarter
LONDON, Feb 5: Anglo-Dutch oil major Royal Dutch/Shell reported a 33 per cent fall in fourth quarter profits on Thursday hit by restructuring costs and weak chemicals revenues, taking the gloss off a sharp rise in annual earnings. ...
|
|
|
||
|
EC aims high as EU budget battle looms
BRUSSELS, Feb 5: The European Commission wants European Union countries to spend 1.22 per cent of economic output on EU funding in the bloc's next six-year budget period from 2007, officials said on Thursday, as an all-out budget battle looms. ...
|
|
Malaysian palm oil prices fall
KUALA LUMPUR, Feb 5: Malaysian palm oil futures closed lower on Thursday after a choppy session, with news that India was likely to cut edible oil imports in the quarter ending in April due to a bumper summer crop prompting some late selling. ...
|
|
|
||
