| 25 September 2004 | Saturday | 09 Shaban 1425 |
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Growers, ginners reject lint price
MULTAN, Sept 24: Growers and ginners have rejected the procurement price announced by the Trading Corporation of Pakistan as a measure to keep the cotton market stable during the year 2004-05. ... 
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Businessmen for unhindered trade with US
KARACHI, Sept 24: The issue of visit facilitation to Pakistani businessmen dominated the discussion at a meeting between Michael L. McGee, Commercial Counsellor of the US Commercial Service, and members of the FPCCI held here on Friday. ...
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Rupee recovers 22 paisa in inter-bank
KARACHI, Sept 24: After losing 19 paisa to a dollar in inter-bank market on Thursday, the rupee recovered 22 paisa on Friday, thanks to State Bank's intervention. ...
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SBP ruling on bonds holding
KARACHI, Sept 24: The State Bank has made a key relaxation in the rules it earlier put in place for revaluation of government securities and bonds. ...
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Teli backs one-year term for KCCI chief
KARACHI, Sept 24: Karachi Chamber of Commerce and Industry President and leader of the Businessmen Group (BMG) Siraj Kassam Teli has defended a cut in tenure of the KCCI president to one year from two years ...
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Distributors of LPG shut business
KARACHI, Sept 24: Over 200 LPG distributors kept their businesses closed on Friday to protest the price hike over the last four months. ...
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Indian bonds regain as rate hike fears fade]
MUMBAI, Sept 24: Investor appetite for Indian government bonds has improved markedly in recent weeks on fading fears of a hurried interest rate hike by the central bank. ...
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Oil steady as US set to release reserves
LONDON, Sept 24: World oil prices steadied on Friday after hitting record highs in London the day before, as the United States prepared to draw on its emergency reserves to ease supply strains caused by Hurricane Ivan. ...
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US Congress approves $146bn tax cut
WASHINGTON, Sept 24: Congress approved a 146-billion-dollar tax cut endorsed by both President George W. Bush and his rival John Kerry but criticized as a budget buster by some economists. ...
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SECP chief asks leasing sector to diversify
KARACHI, Sept 24: The Securities & Exchange Commission of Pakistan (SECP) is examining the merits of offering a single licence of all activities of Non-bank Finance Company which fall within the similar risk class. ...
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Cotton market rules firm
KARACHI, Sept 24: Cotton market on Friday showed firm trend as ginners raised their asking prices in line with the official procurement rates announced by the government at which the TCP will purchase lint. ...
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Buying in leading shares helps index cross 5,000 mark
KARACHI, Sept 24: Stocks finished the weekend session with an extended gain on active short-covering at the still lower levels aided partly by predictions of higher dividend by some of the mega issues ...
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