KSE lifts ban on short selling: Futures contract
KARACHI, Aug 17: The board of directors of the Karachi Stock Exchange (KSE) has announced lifting of ban on short selling in futures contract from September 2006....
Dubai Port to set up $211m terminal
ISLAMABAD, Aug 17: While terming the agreement between Dubai Port World and the Port Qasim Authority for establishment of second container terminal at Port Qasim `historic'', Prime Minister Shaukat Aziz said...
Rain hits industrial production
KARACHI, Aug 17: While experiencing the production loss of night shift because of very thin labour presence, industrialists forecast a bleak picture of both domestic and export related production in case...
US gives Pakistan ‘non-paper’ on BIT
ISLAMABAD, Aug 17: The United States has given a “non paper” to Pakistan that shows some flexibility for signing the much-delayed Bilateral Investment Treaty (BIT) between the two countries soon....
Regulators discuss draft report
ISLAMABAD, Aug 17: A conference of the Working Group 3 (WG3) of the International Organisation of Securities Commissions (IOSCO) of Emerging Market Countries (EMC) here on Thursday discussed a draft report...
Pakistan Petroleum profit up by 55pc
KARACHI, Aug 17: As the result season draws to a close, the last of the heavyweights in the oil and gas exploration sector have started to unveil financial figures....
KSE index fails to extend overnight rally
KARACHI, Aug 17: Stocks on Thursday failed to extend the overnight run-up as follow-up support turned shy despite above the expectation final dividend of 55 per cent by Pakistan Petroleum, but there were buyers at the dips....
Women Bank gets another chance for survival
KARACHI, Aug 17: First Women Bank (FWB) has failed to meet the minimum requirement for paid-up capital but has succeeded in getting another extension of six months to achieve the target....
Oil prices plunge
LONDON, Aug 17: Crude oil prices on Thursday plunged to levels last seen in June, amid signs of an economic slowdown in the United States and receding tensions in the Middle East, dealers said....
Dullness prevails on cotton market
KARACHI, Aug 17: Trading on the cotton market on Thursday remained slow as spinners adhered to their go-slow policy in an apparent effort to keep new crop prices within the current range.But...
Asean to abolish tariffs on electronic goods
KUALA LUMPUR, Aug 17: Six Asean countries will abolish tariffs on most electronic products traded between them by next January, three years ahead of schedule, in a bid to claw back foreign investment from China and India, officials said....
Palm oil futures down on selling
KUALA LUMPUR, Aug 17: Malaysian crude palm oil futures closed sharply lower for the fourth straight day on Thursday due to technical selling and a decline in the prices of crude oil....
Italy needs time to fight tax evasion
ROME, Aug 17: It may take Italy up to eight years to overcome tax evasion, which will be the key point in the government programme to cut back the state deficit, Prime Minister Romano Prodi told the Italian press on Thursday....
Karachi Port operations
KARACHI, Aug 17: Four ships carrying containers and general cargo are expected to arrive at the outer anchorage on Friday, according to KPT sources....