Low Graphics Site

October 17, 2006 Tuesday Ramazan 23, 1427 Rs163m ICP portfolio sold off for Rs55m KARACHI, Oct 16: In an “unconventional auction” of the investment portfolio of the Investment Corporation of Pakistan (ICP) on October 10, shares of 277 companies were sold off at less than... Trade surplus with US drops ISLAMABAD, Oct 16: Pakistan’s trade surplus with the United States dropped by $47.5 million in the first eight months of the current calendar year over the corresponding period last year, despite... Pakistan FDI inflow grew 95pc in 2005 ISLAMABAD, Oct 16: Pakistan witnessed a 95 per cent growth in foreign direct investment (FDI) inflow in 2005 to touch the $2.183-billion mark, while the outflow fell to $44 million, states United Nation''s World Investment Report 2006 launched here on Monday.... PM approves geological survey for gem deposits ISLAMABAD, Oct 16: Prime Minister Shaukat Aziz on Monday approved a proposal for conducting geological survey for gem deposits in various parts of the country to quantify the existing deposits and identify potential mining locations.... Opec to consider falling prices on Thursday RIYADH, Oct 16: Opec will hold an extraordinary meeting in Qatar next Thursday to discuss it’s next move in the wake of falling oil prices, Qatar’s Energy Minister Abdullah bin Hamad... Pre-bid moot for sale of hotel’s assets held ISLAMABAD, Oct 16: A pre-bid moot for the sale of movable and immovable assets of Services International Hotel, Lahore, on "as is where is” basis was held here on Monday under the chairmanship of Sheikh Ikramullah, secretary, Privatisation Commission.... Greater access to credit for poor stressed KARACHI, Oct 16: State Bank Governor Dr Shamshad Akhtar on Monday said that options were being explored to make financial services available to unbanked segments of the country and expressed the... Performance of PNSC Reviewed KARACHI, Oct 16: Senator Gulshan Saeed, Chairperson of the Senate Committee on Port and Shipping, on Monday stressed that the people of Balochistan should be given all incentives in development project related to Gwadar Port.... Oil resource curse OSLO, Oct 16: Over 500 actors involved in the oil and mining industry on Monday met in Oslo to consider how to break the “resource curse” which sees the vast majority... Iran foreign currency assets rise to $52.3bn TEHRAN, Oct 16: Iran’s foreign currency reserves held in foreign banks have risen by almost 40 per cent to $52.3 billion due to high oil prices, the press on Monday quoted a central bank report as saying.... Takeovers GENEVA, Oct 16: From Chinese computer giant Lenovo to Indian steel groups, companies from emerging nations are becoming leading investors abroad that are capable of taking over western multinationals, according to a UN report on Foreign Direct Investment released on Monday.... Index sheds 15.24 points amid low trading volume KARACHI, Oct 16: Trading volume on the Karachi Stock Exchange on Monday fell to low ebb as leading investors adhered to the sidelines and did not make fresh commitments even at the falling prices owing to coming Eid holidays.... Prices ease on cotton market KARACHI, Oct 16: Mill buying on the cotton market on Monday gathered fresh momentum as some of the Sindh ginners lowered their asking prices in an apparent effort to clear the backlog of unsold stocks.... Karachi Port operations KARACHI, Oct 16: Four ships, including a car carrier, are due to arrive at the outer anchorage on Tuesday, according to KPT sources.... Purchase of clean cotton ISLAMABAD, Oct 16: The ministry of textile industry will complete the purchase of 100,000 bales of clean and standardisation cotton within next few months in consultation with the provincial agriculture departments.... JP Morgan to re-open equity brokerage ISLAMABAD, Oct 16: JP Morgan is planning to re-open its equity business in Pakistan, the first foreign brokerage to return since they abandoned the South Asian nation in the early 2000s, sources familiar with the development said.... Port Qasim KARACHI, Oct 16: Brisk shipping activity was observed at the port where five ships scheduled to load and offload containers, rice, chemicals and diesel oil were allotted berths at various terminals... World stocks up LONDON, Oct 16: London''s FTSE 100 index struck the highest level for more than five years on Monday in the wake of a record run on Wall Street which has benefited also Asian stocks.... Black cabs LONDON, Oct 16: London''s iconic black taxi cabs could be scouting for fares along the streets of Pakistan by the end of the year, a newspaper reported on Monday.... Palm oil mixed KUALA LUMPUR, Oct 16: Malaysian crude palm oil futures closed mixed on Monday as profit-taking pulled the market down after a good export performance and firm crude oil prices lifted it in the morning session....

Contributions Privacy Policy © DAWN Group of Newspapers, 2006