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October 03, 2006 Tuesday Ramazan 9, 1427 CSIBL depositors fear losing money LAHORE, Oct 2: Small, individual depositors of Crescent Standard Investment Bank Limited (CSIBL) are getting jittery about the `security’ of their savings with the passage of each day because, according to... Two gas, cement firms announce results KARACHI, Oct 2: Some of the companies that announced their financial results on Monday included: Sui Southern Gas Company (SSGC), Sui Northern Gas Pipelines (SNGPL), Fauji Cement Company Limited and Pioneer Cement Limited.... New investment policy for NSS to benefit depositors KARACHI, Oct 2: The depositors could expect better return as the banks would face tough competition in attracting deposits in the aftermath of the much-criticized decision to allow institutions to invest in national saving scheme (NSS).... Revenue collection up 23pc in 1st quarter ISLAMABAD, Oct 2: The Central Board of Revenue (CBR) collected Rs187.4 billion revenue during the July-September period of fiscal year 2006-07 as against Rs152.1 billion the same period last year, indicating an increase of 23.2... SECP fails to complete forensic probe on time: KSE crash ISLAMABAD, Oct 2: The Securities and Exchange Commission of Pakistan (SECP) is unable to complete the forensic investigations into last year’s stock market crash within the 90-day deadline which expires on Tuesday, officials told Dawn.... Cement exports up by 53.7pc LAHORE, Oct 2: The cement demand during the first quarter of the current financial year has grown by 20.99 per cent to 5.414 million tons from 4.474... Market access talks with US today ISLAMABAD, Oct 2: Pakistan will raise the issue of market access with the United States in trade talks starting here on Tuesday as part of the Trade and Investment Framework Agreement (TIFA).... Cotton standardisation fee KARACHI, Oct 2: The government has fixed the cotton standardisation fee at the rate of Rs5 per pressed bale with immediate effect.... Consumer debt CAPE TOWN, Oct 2: South Africa''s central bank governor Tito Mboweni expressed concern on Monday about high consumer debt, rising inflation and the country''s growing trade deficit.... Oil prices shed $1 LONDON, Oct 2: Oil prices fell heavily on Monday, reversing earlier gains as traders set aside a decision by Opec members Nigeria and Venezuela to cut their crude production.... Stocks shrug off weekend hesitancy, gain 104 points KARACHI, Oct 2: Stocks on Monday shrugged off the weekend hesitancy as investors made active covering and speculative buying in half a dozen small banks still ruling at an attractively lower... Trade fair LAHORE: A delegation comprising of representatives from nine companies will participate in South African International Trade Exhibition (Saitex)-2006 to be held in Johannesburg from October 10 to 13.... Cotton market rules firm KARACHI, Oct 2: The cotton market on Monday showed firm trend as physical business remained on the higher side and spinners and mills were active buyers around the ruling prices.... Karachi Port operations KARACHI, Oct 2: Six ships carrying palm oil, containers and to load ethanol are expected to arrive at the outer anchorage on Tuesday, according to KPT sources.... Russians to invest in Zimbabwe HARARE, Oct 2: A delegation of some 50 Russian business leaders was in Zimbabwe on Monday for talks with senior officials about investment opportunities in the southern African country.... New Aptma chairman LAHORE, Oct 2: Shafqat Elahi Shaikh has been elected unopposed as the central chairman of All Pakistan Textile Mills Association (Aptma) for the year 2006-07.... Port Qasim KARACHI, Oct 2: Shipping activity remained active at the port where three ships carrying containers and chemicals took berths at QICT and EVT during the last 24 hours, said a PQA press release here on Monday.... US industrial index falls WASHINGTON, Oct 2: US manufacturing grew at a cooler pace in September but still reflected steady overall growth, a survey by the Institute of Supply Management showed on Monday.... $30bn aluminium firm MOSCOW, Oct 2: A deal to combine Russian aluminium companies Rusal and Sual to create a world-leading company in the sector is to be signed on Tuesday, the Interfax news agency reported on Monday, citing an unidentified source.... KCA chief KARACHI, Oct 2: The newly-elected board of directors of the Karachi Cotton Association (KCA) on Monday unanimously elected Akbarali Hashwani and Sohail Naseem as chairman and vice-chairman respectively for the year 2006-07, said a press release of the association.... Poultry rates KARACHI, Oct 2: The following are Tuesday’s poultry market rates:... Asian stocks mostly higher HONG KONG, Oct 2: Asian stocks shrugged off a weaker Wall Street and closed mostly higher on Monday with trade subdued by an array of public holidays around the region.... ECB poised to raise rates FRANKFURT, Oct 2: The European Central Bank is set to raise its key interest rates for the fifth time in 10 months later this week, despite signs that inflationary dangers in... European stock markets up LONDON, Oct 2: European stock markets rose on Monday, the start of fourth-quarter trade, with strong gains across the water sector offsetting huge losses to gaming stocks in London....

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