|
| March 10, 2007 | Saturday | Safar 20, 1428 |
|
Price spurt puts rice exporters in trouble
KARACHI, March 9: A large number of rice exporters have failed to meet their export contracts worth millions of dollars owing to sudden rise in prices in the domestic market.... 
|
|
PMI takes over Lakson Tobacco
KARACHI, March, 9: Philip Morris International Inc. (PMI) on Friday announced completion of its acquisition of an additional 50.21 per cent stakes in the Lakson Tobacco Company Limited....
|
|
Banks borrow Rs25bn to ease liquidity: No rate hike in sight
KARACHI, March 9: Banks borrowed massively on Friday as the shortage of liquidity forced them to get help from the State Bank....
|
|
US trade deficit shrinks to $59.1bn
WASHINGTON, March 9: The US trade deficit narrowed to $59.1 billion in January thanks to record-breaking export growth, but cheap Chinese goods still flooded American malls, data showed on Friday....
|
|
|
||
|
Chinese firm keen to invest in minerals
ISLAMABAD, March 9: President of MCC Tongsin Resources of China Zou Jianhui has expressed the desire to further invest in mineral projects of Pakistan....
|
|
MNP set for March 23 launch
KARACHI, March 9: All cellular companies have invested a minimum of $25 million to 30 million each for implementation of mobile number portability (MNP) which is planned to be launched from March 23 after various delays....
|
|
||
|
Ship agents waiting for Gwadar Port tariff
KARACHI, March 9: With hardly 10 days to go for the official opening of the Gwadar Port, ship agents and cargo consultants await the announcement of port tariff by the Gwadar Port Authority....
|
|
Stocks continue upward march with 129 points gain
KARACHI, March 9: Stocks on Friday maintained their upward drive for the third session in a row followed by strong speculative support in banking, oil and some other leading shares, pushing...
|
|
|
||
|
Oil prices slip
LONDON, March 9: World oil prices fell on Friday, after large gains made on the back of a surprise drop in US energy inventories....
|
|
Services export rises by 3.1pc
ISLAMABAD, March 9: The services sector export increased by 3.16 per cent in the first seven months (July-January) of the current fiscal year over the same period last year, Federal Bureau of Statistics (FBS) said on Friday....
|
|
|
||
|
Dollar mixed
LONDON, March 9: The dollar showed mixed fortunes against the euro and yen on Friday as the market awaited publication of key US jobs data for February....
|
|
Active trading on cotton market
KARACHI, March 9: Cotton market on Friday showed firm trend as spinners resumed their normal covering operations at the prevailing prices amid an actively traded session....
|
|
|
||
|
NWFP demands more seats in FPCCI committee
PESHAWAR, March 9: Major changes in composition as well as election procedures for chambers and trade associations are on the cards through the draft Trade Organisation Ordinance Rules 2007....
|
|
Airbus plunges into the red
MUNICH, March 9: European plane-maker Airbus plunged into its first-ever operating loss in 2006 and will be in the red again this year because of delays and restructuring, parent company EADS said on Friday....
|
|
|
||
|
US generates 97,000 jobs
WASHINGTON, March 9: US employers added 97,000 jobs in February, the Labour Department reported on Friday, suggesting the world''s biggest economy is still expanding despite weakness in the housing and auto sectors....
|
|
Trade data
PARIS, March 9: French industrial output fell in January and the trade balance showed a worsening deficit, official data showed on Friday pitching troubling data into an election campaign....
|
|
|
||
|
Gold prices
LONDON, March 9: Gold gained ahead of US jobs data on Friday, but lagged behind other key financial markets as investors remained cautious after a heavy sell-off last week....
|
|
Palm oil unchanged
KUALA LUMPUR, March 9: Malaysian crude palm oil futures closed largely unchanged on Friday as traders looked to a conference of industry experts next week for price forecasts....
|
|
|
||
|
Port Qasim
KARACHI, March 9: Shipping activity remained slow at the port where a container ship was allotted berth on QICT to load, unload containers during the last 24 hours, says a PQA press release.Departures...
|
|
Karachi Port operations
KARACHI, March 9: Three ships carrying containers and crude oil are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
|
|
|
||
