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| February 27, 2007 | Tuesday | Safar 9, 1428 |
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MCB Bank, Petronas to jointly bid for PSO
KARACHI, Feb 26: MCB Bank announced on Monday that it would bid to buy Pakistan State Oil (PSO) and it will be joint bidding with the Malaysian oil giant Petronas.... 
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3rd price-hike in ghee, cooking oil in 6 months
KARACHI, Feb 26: Branded ghee and cooking oil packers have decided to push up rates of ghee and cooking oil by Rs4.8 per kg for a 2.5kg/litre...
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List of non-tariff trade barriers given to India
ISLAMABAD, Feb 26: Pakistan on Monday handed over a copy of the non-paper on tariff, non-tariff and para-tariff barriers, restricting flow of border trade with neighbouring countries, to India....
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Oil prices slip below $61
LONDON, Feb 26: Oil prices eased below $61 a barrel on Monday as dealers looked toward an end to the Northern Hemisphere winter heating season, but losses were limited as world powers discussed tightening UN sanctions on Iran....
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Gold price surges to Rs13,314
KARACHI, Feb 26: Gold prices soared to Rs13,314 per 10 grams on Monday, amid rising tension between Iran and the US and weakening of dollar against euro and other currencies....
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Pakistan Oilfield, NBP announce results
KARACHI, Feb 26: Several blue chip companies announced financial results on Monday. From the investors’ point of view, National Bank of Pakistan (NBP) was the most coveted....
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Index plunges despite better payouts
KARACHI, Feb 26: Stocks on Monday fell across-the-board on near-panic selling triggered by possible negative fallout of CLN-linked issues by some of the leading investors despite higher corporate announcements by leading companies....
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JP Morgan’s equity broking operation
KARACHI, Feb 26: JP Morgan - which is the only foreign firm with a corporate seat at the Karachi Stock Exchange - announced on Monday that it had expanded presence in...
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Omani team keen to invest in tourism
ISLAMABAD, Feb 26: President General Pervez Musharraf has said that Pakistan is now becoming an attractive place for investment because economy is growing at a fast pace and the government is making efforts to pass these gains to common man....
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HBL unveils new corporate identity
KARACHI, Feb 26: Habib Bank announced on Monday that it has adopted new corporate identity to modernise and revamp its corporate image....
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Trade teams
LAHORE, Feb 26: The Trade Development Authority of Pakistan (TDAP) will arrange trade delegations to Portugal and Spain during the month of May to increase Pakistan''s exports....
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Sluggish trading on cotton market
KARACHI, Feb 26: Trading on the cotton market on Monday resumed on a dull note as spinners and mills remained conspicuous by their absence apparently awaiting the final phutti arrival figures and the total crop size....
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Textile, food sectors’ share insignificant: Tax revenue
ISLAMABAD, Feb 26: A study shows that textile and food processing sectors’ contribution in taxes is fairly negligible though these sectors have a relatively larger share in manufacturing sector....
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EU urged to boost free trade in farming
GENEVA, Feb 26: The European Union must break down remaining barriers to trade in services and in agriculture to ensure its economic recovery is durable, the World Trade Organisation said on Monday....
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Steel makers suggest imports to lower prices
ISLAMABAD, Feb 26: The Pakistan Steel Re-rolling Mills Association has attributed the 15 per cent surge in prices of steel material to the shortage of raw material, saying that import of 1.1...
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Japan, Russia hold talks on oil, gas project
TOKYO, Feb 26: Russia''s energy minister opened talks in Japan on Monday in the wake of a row over control of the massive Sakhalin-2 oil and gas project, officials said....
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Iraqi draft oil law okayed
BAGHDAD, Feb 26: Iraq’s cabinet approved on Monday a draft law on oil revenues - a key plank in moves to reunite the war-torn country - and will submit it to parliament for approval, Prime Minister Nuri al-Maliki said....
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S. Korea, US to sort out issues before FTA deadline
SEOUL, Feb 26: South Korea and the US will hold talks next week on two major obstacles to their planned free trade agreement (FTA) as the deadline for a deal draws closer, officials said Monday....
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European stocks advance
LONDON, Feb 26: Europe''s main stock markets began the week strongly, with Frankfurt''s DAX 30 back above 7,000 points at the half-way stage on Monday, after shrugging off a rally in oil prices....
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Karachi Port operations
KARACHI, Feb 26: Five ships carrying containers, coal and to load cement are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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