Low Graphics Site

July 29, 2006 Saturday Rajab 2, 1427 Chasing inflation to be main target: SBP monetary policy today KARACHI, July 28: The State Bank is expected to announce Monetary Policy for 2006-07 on Saturday (today) but economists see little change in the policy as they feel that continuation of... Pakistan’s stand on Doha Round freeze still unclear ISLAMABAD, July 28: Pakistan is yet to firm up its position in the aftermath of the Doha Round talks suspension. The government did not give reasons for this delay.... S. Arabia set to earn SR760bn from oil export RIYADH, July 28: Saudi Arabia is likely to see record oil revenues and record trade and budget surpluses in 2006.... PSI clause needs to be rectified KARACHI, July 28: The pre-shipment inspection clause in trade policy of 1998-99 that was renewed time and again is said to be contradictory to the Pakistan Standard Quality Control (PSQC) Act.... Stocks falter on profit-selling at inflated levels KARACHI, July 28: Stock market on Friday failed to extend its recent run-up as a section of investors indulged in profit-selling at the higher levels but investors seem to have ignored... Dhaka, Islamabad may sign FTA in a few months KARACHI, July 28: Bangladesh and Pakistan are likely to sign a free trade agreement (FTA) in the next three to four months.... WTO chief calls for ceasefire PARIS, July 28: WTO chief Pascal Lamy urged the trade body''s 149 members on Friday to avoid attacks that would make it hard to resume talks on removing trade barriers in order to fight global poverty.... Oil sheds over $1 on slow US growth data LONDON, July 28: World oil prices fell heavily on Friday following evidence of slower economic growth in the United States, the world’s biggest consumer of energy, which prompted fears over demand, analysts said.... TCP sells 8,000 bales of cotton KARACHI, July 28: The Trading Corporation of Pakistan (TCP) on Friday sold 8,000 bales of cotton to local buyers at rates ranging between Rs2,355 and Rs2,376 per maund and gave a counter-offer for the remaining 10,000 bales.... US economy WASHINGTON, July 28: The US economy grew by just 2.5 per cent in the three months to June, a marked slowdown from the first quarter''s blistering pace of 5.6... Gold drops on profit-taking LONDON, July 28: Gold drifted lower in Europe on Friday as investors locked in profits ahead of the weekend, but sentiment remained positive on a weaker dollar and firm oil prices.... Slow trading on cotton market KARACHI, July 28: Modest activity was witnessed on the cotton market on Friday as some of the spinners opted for new crop lint both from the Sindh and central Punjab ginneries.... IMF urges Japan for faster reforms WASHINGTON, July 28: The IMF said on Friday it sees Japan’s economic growth accelerating this year after a decade-long slump but urged the government to fix its worsening finances and undertake more ambitious reforms.... Corporate governance KARACHI, July 28: United Nations Development Programme (UNDP) Resident Representative for Pakistan Haoliang Xu has said that the UN team in the country seeks to engage meaningfully with its partners in... Karachi Port operations KARACH, July 28: Eight vessels carrying sugar, containers and rock phosphate are expected to arrive at the outer anchorage on Saturday, according to KPT sources.... Port Qasim KARACHI, July 28: Three ships carrying containers and furnace oil were allotted berths at QICT and Fotco Terminal during the last 24 hours, said a PQA press release on Friday.... Doha revival bid in Sept BRUSSELS, July 28: Australia will seek to revive stalled global trade talks at a meeting in September to which it has invited ministers from leading World Trade Organisation (WTO) members, an Australian newspaper said.... Chevron profit rises NEW YORK, July 28: Chevron Corp. on Friday posted an 18pc jump in quarterly profit on surging crude oil prices, but the gain lagged behind increases reported by its peers as results at its international refining business restrained earnings.... Bid cleared MADRID, July 28: The Spanish energy regulator CNE on Friday cleared the way for the German energy group E.ON to pursue a controversial bid for electricity producer Endesa, but with a... Asian stocks mixed HONG KONG, July 28: Asian markets closed mixed on Friday, with investors waiting for second quarter US growth data due later in the day to get a fresh lead on the outlook for the US economy and interest rates, dealers said.... European stocks lower LONDON, July 28: European stock markets mostly fell on profit-taking on Friday following a positive run over recent days and as dealers digested mixed earnings results.... Palm oil up KUALA LUMPUR, July 28: Malaysian crude palm oil futures surged to close at two-year highs on Friday, fuelled by heavy fund buying and strong fundamentals....

Contributions Privacy Policy © DAWN Group of Newspapers, 2006