Pakistan to play vital role in Cairns Group
HONG KONG, Dec 14: Pakistan has joined the Cairns Group representing agriculture exporting countries belonging to developed and developing nations in the ministerial meeting of the group on Wednesday, thus becoming...
Differences between US, EU stall talks
HONG KONG Dec 14: The deep-seated differences between the United States and the European Union on farm trade and market access issues led to a widening of discord at the WTO talks, which remained deadlocked here on Wednesday....
Bright prospects for export of cement
KARACHI, Dec 14: There are enormous opportunities for export of cement to the UAE market where construction activity is at its peak in cities like Dubai and Abu Dhabi....
KSE 100-share index posts fresh fall of 47.35 points
KARACHI, Dec 14: Shares on the Karachi stock market on Wednesday remained under pressure on renewed profit-selling at the inflated levels but larger decline was averted thanks to the presence of support at the dips....
Pre-bid conference for PPL next month
ISLAMABAD, Dec 14: The government has decided to hold a pre-bid conference next month to privatize the Pakistan Petroleum Limited (PPL) preferably, during the first quarter of 2006....
Humayun for progress in WTO talks
HONG KONG, Dec 14: Commerce Minister Humayun Akhtar Khan on Wednesday urged WTO-member states to move the negotiation process forward for reaching the “66 per cent target” by the end of...
NGOs flay US, EU policies
HONG KONG, Dec 14: Campaigners belong to major world NGOs have continued to lash out at the WTO and developed countries by criticizing their policies with regard to farm subsidies and environmental issues....
US trade deficit hits record $68.9bn
WASHINGTON, Dec 14: The US trade deficit surged in October to a record $68.9 billion, led by a jump in oil imports, the government said on Wednesday....
Spain in talks with Pakistan for tax treaty
KARACHI, Dec 14: Spain is negotiating with Pakistan for the signing of avoidance of double taxation agreement to increase trade between the two countries. This was stated by Spanish Ambassador to...
Prices ease on cotton market
KARACHI, Dec 14: Cotton prices on Wednesday eased modestly from the overnight higher levels as spinners made guarded covering purchases in apparent bid to forestall further increase, dealers said....
Karachi Port operations
KARACHI, Dec 14: Six ships carrying containers and to load naphtha and machinery are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
Sri Lanka trade gap
COLOMBO, Dec 14: Sri Lanka’s trade deficit widened to $2.13bn in the first 10 months of this year on high oil import prices, but the balance of payments showed a surplus, the Central Bank said on Wednesday....
HK gold
HONG KONG, Dec 14: Hong Kong gold prices closed lower Wednesday, at US$514.50-515.00 an ounce compared with Tuesday’s close of US$522.00-522.50 an ounce.—AFP...
Asian stocks close mixed
HONG KONG, Dec 14: Asian stocks closed mixed on Wednesday with investors reacting to a varied batch of signals after the US Federal Reserve delivered a widely expected a quarter-percentage point interest rate rise....
PS workers being consulted on privatization
ISLAMABAD, Dec 14: The government is taking into confidence employees of the Pakistan Steel Mills on the proposed privatization, for which a number of meetings had been held between the Privatization Commission (PC) and the trade union leaders....
Gold steady in Europe
LONDON, Dec 14: Gold steadied in Europe on Wednesday as some tentative buyers crept back in to the market which earlier fell some 1.5 per cent, destabilised by further selling in the Tokyo futures market....
Karachi market rates
KARACHI, Dec 14: The following were Wednesday’s commodity market rates in rupees....