November 12, 2005	Saturday	Shawwal 9, 1426

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Investors withdraw Rs43bn from NSS: Falling returns KARACHI, Nov 11: The National Savings Scheme (NSS) witnessed massive outflow in the last six months up to July 2005 mainly because of erosion of profitability due to 100 per cent...		Car production, sales surge in July-Oct KARACHI, Nov 11: Production and sales of cars surged by 26 and 23 per cent, respectively, during the first four months (July-October) of the current fiscal as compared to corresponding period of last year....
Textile tycoons may relocate units to BD KARACHI, Nov 11: Some of the leading home textiles and apparel manufacturers are leaving for Bangladesh next week to enter into joint ventures as well as to explore the possibility of...		Pakistan plans to enter world equity market KARACHI, Nov 11: Pakistan now plans to enter the international equity market after a successful entry in the international capital market, disclosed Dr Ashfaque Hasan Khan, director general of the debt office and economic adviser to the government, here on Friday....
S. Arabia joins WTO as 149th member RIYADH, Nov 11: Saudi Arabia, world biggest oil exporter, finally won the approval after 12 years of negotiations to join the World Trade Organization (WTO) on Friday in Geneva....		Pakistan, Euro-Asia to boost cooperation BEIJING, Nov 11: Pakistan will closely work with Euro-Asia Economic Forum to develop economic ties at bilateral and regional levels, said Mukhtar Ahmed, adviser to the prime minister on energy....
KSE 100-share index takes technical pause KARACHI, Nov 11: Stocks on Friday maintained a firm outlook despite a good bit of weekend profit-selling as the strength of cement and bank shares generated a good bit of sympathetic buying on other counters....		Cotton market rules firm KARACHI, Nov 11: The cotton market on Friday finished on a firm note as prices were quoted higher by Rs35 per maund amid an actively traded session....
Tent makers fail to meet supply target KARACHI, Nov 11: Local tent makers have so far provided 4,810 tents to the Sindh government as against the target of 6,175 by November 11. This was disclosed by Sindh government...		Two online facilities for NBFCs launched ISLAMABAD, Nov 11: The Securities and Exchange Commission of Pakistan (SECP) has launched two new online systems for Non-Banking Finance Companies (NBFCs) and online name reservation facility for the stakeholders....
Polls for KCCI chief today KARACHI, Nov 11: The Karachi Chamber of Commerce and Industry (KCCI) will elect a new president on Saturday following the resignation of Mr Khalid Firoz. Market sources said that a tough...		Oil prices decline LONDON, Nov 11: World oil prices fell further on Friday, with New York’s main contract plunging to the lowest point for almost four months, owing to mild temperatures in the United States, where crude inventories are recovering also after recent hurricanes....
Karachi Port operations KARACHI, Nov 11: Three ships carrying containers, general cargo and chemicals are expected to arrive at the outer anchorage on Saturday, according to KPT sources. Berthing activity at the wharves was active where nine ships were berthed....		Asian stocks close up HONG KONG, Nov 11: Asian stocks closed mostly higher on Friday amid reduced inflation fears after the cost of crude fell sharply and inspired Wall Street to a much stronger finish, dealers said....
European share prices higher LONDON, Nov 11: Investors pondering the outlook for European shares in 2006 might do better to stick with the tried and tested rather than give in to their sense of vertigo, analysts say....		Gold eases in Europe LONDON, Nov 11: Platinum traded just below a near-26-year high in Europe on Friday, but the precious metal has the potential to climb towards the big number of $1,000 an ounce on speculative and trade buying, dealers said....
Palm oil ends mixed BANGKOK, Nov 11: Malaysia’s crude palm oil futures ended mixed in slow trade on Friday as players waited for fresh leads, dealers said. The benchmark third-month January crude palm oil contract...		MoU signed KARACHI, Nov 11: A memorandum of understanding (MoU) has been signed by businesswomen from Pakistan and Bangladesh for the cooperation in fields of trade and industry as well as women empowerment through systematic business promotional activities....