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| November 02, 2006 | Thursday | Shawwal 9, 1427 |
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Record portfolio investment in October
KARACHI, Nov 1: Portfolio inflows reached record level in October reflecting the attractive returns of investing into the shares market. The latest official data shows that most of the portfolio investments... 
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Two more marble cities to be set up in Balochistan
QUETTA, Nov 1: Balochistan will have two more marble cities in Khuzdar and Dalbandin while three modal centres would be set up in the province at a cost of Rs270 million...
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ADB warns Pakistan of economic risks
ISLAMABAD, Nov 1: The growing current account deficit, continuing high inflation and the emerging power shortages are potential risks to the country’s medium-term economic prospects, warns the Asian Development Bank (ADB)....
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KSE 100-index loses 317 points on panic selling
KARACHI, Nov 1: The KSE 100-share index on Wednesday took a massive plunge of three per cent or 317.12 points on panic selling triggered by broker reservations to the new SECP trading rules to be effective from Nov 6....
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KSE team to discuss revised RMS with SECP
KARACHI, Nov 1: A team of six member directors of the KSE board would proceed to Islamabad on Thursday morning to discuss some of the features of revised risk management systems...
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Collection falls short of target in October
ISLAMABAD, Nov 1: The revenue collection in October 2006 remained short of the target by 11.4 per cent at Rs49.6 billion as against the proposed target of Rs56 billion....
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Oil prices decline
LONDON, Nov 1: World oil prices dropped on Wednesday as the market deemed US energy stockpiles to be sufficient while remaining sceptical about a cut in crude output by Opec, analysts said....
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Prices of onion, potato rise in Oct
KARACHI, Nov 1: Consumers paid higher prices to buy onion, potato, tomato, ginger, sugar, egg, powder milk etc last month but paid less for the moong pulse, poultry products, garlic and ghee (16kg tin)....
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30,000 bales change hands in hectic cotton trading
KARACHI, Nov 1: Cotton market on Wednesday passed through another heavily traded session as spinners and mills continued to build-up long positions at the prevailing rates....
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US manufacturing activity
WASHINGTON, Nov 1: Growth in US industrial activity slowed in October while inflation pressures eased, a survey by the Institute of Supply Management showed on Wednesday....
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Visa hurdle
KARACHI, Nov 1: The trade relations with Taiwan are directly linked with the visa issue that will have to be resolved on perpetual basis. This was pointed out by overseas Pakistani...
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EDF board approves Rs65.37m for projects
ISLAMABAD, Nov 1: The Board of Administrators of Export Development Fund (EDF) on Wednesday approved Rs65.37 million for implementation of the trade policy initiatives for increasing export of traditional products....
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Labour reform
WASHINGTON, Nov 1: The IMF on Wednesday urged the French government to do a better job of selling much-needed labour reforms to lift one of Europe’s biggest economies out of the doldrums....
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Kenyan tea prices mixed
NAIROBI, Nov 1: Prices of Kenyan tea were mixed at this week’s auction with better quality trickling into the market and buyers stocking up ahead of winter, brokers and buyers said....
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Ford sales up
NEW YORK, Nov 1: Ford Motor Co. said on Wednesday that its total US vehicle sales rose eight per cent in October compared with a year ago to 215,985 units, marking its second straight monthly sales gain....
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Asian stocks mostly higher
HONG KONG, Nov 1: Asian stocks closed mostly higher on Wednesday as investors shrugged off another lacklustre performance on Wall Street and sent many benchmarks to their highest levels ever....
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European shares mixed
LONDON, Nov 1: European stock markets saw mixed trading on Wednesday, but London mining sector gains were fuelled by rising commodity prices, dealers said. The Paris market, meanwhile, drifted lower in subdued trade owing to a public holiday across France....
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Palm oil up
KUALA LUMPUR, Nov 1: Malaysian crude palm oil futures closed higher on Wednesday, lifted by speculative buying on views the market was oversold. The benchmark third month contract had slipped 2.2...
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