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| November 29, 2006 | Wednesday | Ziqa'ad 7, 1427 |
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UK help on free trade talks with EU sought
ISLAMABAD, Nov 28: Prime Minister Shaukat Aziz on Tuesday sought support of the United Kingdom in initiation of talks on free trade agreement (FTA) with the European Union (EU) to increase bilateral trade.... 
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Pakistan unaware of Iran gas price decision
KARACHI, Nov 28: Pakistan’s petroleum ministry is unaware of any decision regarding Iranian gas price suggested by the consultancy....
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Dumping of goods to hit local industry: Too many FTAs criticised
KARACHI, Nov 28: Pakistan’s policymakers unending appetite for signing free trade agreements (FTAs) with many countries was criticised at a WTO seminar on Tuesday organised by the directorate of Research and...
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SECP makes changes in schedule of RMS
KARACHI, Nov 28: The Securities and Exchange Commission of Pakistan (SECP) made changes in the schedule of implementation and a few modalities of the Risk Management Systems (RMS), it was learnt on Tuesday....
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Foreign investors withdraw $32.9m
KARACHI, Nov 28: Foreign portfolio investment in the stock market witnessed negative trend during November 2006 as compared to record inflow of $215.3 million in October 2006....
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Amicable resolution of shipping disputes advised
KARACHI, Nov 28: The ministry of ports and shipping has advised the business community to resolve their disputes with shipping companies amicably....
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SECP move for forensic probe termed unwise
ISLAMABAD, Nov 28: The Senate Standing Committee on Finance on Tuesday observed that the report of the Justice Saleem Akhtar-led Task Force on stock market crash was “far better” than that of the US team of forensic investigators....
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Stocks rise by 12 points amid dull trading
KARACHI, Nov 28: Stock market on Tuesday lacked normal trading interest as leading investors kept to the sidelines, but stray institutional buying on selected counters evoked modest speculative interest on some high-profile scrips at the lower levels....
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Engro subsidiary acquires US firm
KARACHI, Nov 28: Engro Innovative Automation (Pvt.) Ltd. (EIAL) — a 51 per cent owned subsidiary of Engro Chemical Pakistan Limited - announced on Tuesday that it had entered into agreement...
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PSO tender
SINGAPORE, Nov 28: Pakistan State Oil (PSO) has issued an import tender seeking a total of 22,000 tons of jet fuel for December and January delivery, a company official said on Tuesday....
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Filing of annual returns by Dec 15
ISLAMABAD, Nov 28: The Securities and Exchange Commission of Pakistan (SECP) has directed all listed companies to file their annual returns with the commission’s registrar of companies by Dec 15....
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Growth forecast
FRANKFURT, Nov 28: The German economy looks set to end 2006 and enter 2007 in fighting form, with the Bundesbank and the OECD upgrading their growth forecasts for the eurozone’s biggest...
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Price war sets in on cotton market
KARACHI, Nov 28: Physical business on the cotton market on Tuesday fell sharply as price ideas of buyers and sellers failed to find a meeting ground....
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UK offers assistance in GDRs
ISLAMABAD, Nov 28: Pakistan’s macro economic policy is deeply impressive together with extraordinary liberal investment and attractive privatisation opportunities, which need to be exploited and Britain will make efforts to promote investment in Pakistan....
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Infrastructure project uplift plan launched
ISLAMABAD, Nov 28: Prime Minister Shaukat Aziz on Tuesday urged the public and private sectors to build synergies and go hand-in-hand to meet the enormous development challenges facing the country....
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Payment to TFC holders
KARACHI, Nov 28: TeleCard Limited announced that the third TFC redemption equivalent to Rs312.177 million as per the redemption schedule had been released through the trustee, Faysal Bank Limited, on Tuesday....
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Karachi Port operations
KARACHI, Nov 28: Three ships carrying containers and chemicals are due to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Asian stocks close lower
HONG KONG, Nov 28: Asian stocks closed sharply lower on Tuesday as investors followed Wall Street''s lead and sold down the markets amid concerns over the state of the US economy....
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European stocks steady
LONDON, Nov 28: European stocks steadied on Tuesday after sharp losses on Wall Street overnight, while utilities failed to spark even as Scottish Power accepted a multi-billion-dollar takeover bid by Spanish peer Iberdrola....
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Palm oil down
KUALA LUMPUR, Nov 28: Malaysian crude palm oil futures closed lower on Tuesday, as players took profit after a strong rally and prices of rival soyaoil declined....
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