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| August 12, 2007 | Sunday | Rajab 27, 1428 |
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Sugar, cotton prices may heat up: Delay in reaping crops
KARACHI, Aug 11: Autumn is still a few weeks away and the extended monsoon may delay the reaping of two out of three main kharif crops — cotton and sugarcane —... 
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Poultry, vegetable rates shoot up: Rains kill 500,000 birds
KARACHI, Aug 11: Rains during the last two days have killed an estimated 500,000 poultry birds at poultry farms in various parts of Sindh and in Karachi, thus resulting in an...
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424 Indian companies get trademark registration
KARACHI, Aug 11: A total of 424 Indian companies manufacturing consumer goods have registered their products in Pakistan with the Trademark Registry of the Intellectual Property Organisation....
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Banks warned against illegal offering: Islamic products
KARACHI, Aug 11: The State Bank has taken serious notice of the irresponsible practice of some banks that are selling their products as ‘Shariah-compliant’ without obtaining an Islamic banking licence....
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Opec urged to open its taps further
RIYADH, Aug 11: Investments in oil search within the Opec is currently at the highest level in two decades. A mid-year Opec report said 336 oil rigs were operating within its member countries at the end of last year....
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Corporates plan to reward employees
KARACHI, Aug 11: One of the items on the agenda at the Extra Ordinary General Meeting of Engro Chemical Pakistan Limited on August 23 is to grant “Employees Stock Option” Scheme (ESOS)....
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Horticulture export issues discussed
ISLAMABAD, Aug 11: Pakistan’s horticulture export share remained stagnant at $150 million during the last few years as against the total world horticulture market of $80 billion....
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Prices of 21 items increase
ISLAMABAD, Aug 11: Prices of 21 essential items, including tomatoes, witnessed an upward trend during the week ending Aug 10 over the previous week, according to statistics released by the Federal Bureau of Statistics (FBS) here on Saturday....
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CFS rates fall
KARACHI, Aug 11: The CFS investment on the Karachi Stock Exchange plunged by five per cent during the last week owing to persistent decline on share market followed by active selling....
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Iran, Iraq sign oil pipeline deal
TEHRAN, Aug 11: Iran and Iraq signed an agreement to build pipelines for transfer of Iraqi crude oil and oil products, the state-run Iran news network quoted the oil ministry as announcing on Saturday....
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Economic ties with S. Korea
ISLAMABAD, Aug 11: Prime Minister Shaukat Aziz on Saturday said Pakistan wanted its relations with South Korea to grow even further as the country could benefit from the Korean experience of economic growth and development....
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Balloting for HBL share offer held
ISLAMABAD, Aug 11: Balloting for the offer for sale of shares for the Habib Bank Limited (HBL) was held on Saturday in the presence of Privaisation Commission officials and representatives of the Karachi, Lahore and Islamabad stock exchanges....
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Cotton becomes costlier on short supply
KARACHI, Aug 11: Cotton prices maintained the upward drive on Saturday and were quoted further higher by Rs50 per maund but spinners were not inclined to make bigger commitments in view of their export parity problems....
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Karachi Port operations
KARACHI, Aug 11: Four ships carrying containers, general cargo and to load cement are due to arrive at the outer anchorage on Sunday, according to KPT sources....
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US investors gird for fresh turmoil
NEW YORK, Aug 11: US investors are girding for fresh stock turmoil in the coming week after riding a market roller-coaster in recent days, which has shaken their confidence in the mortgage and credit markets....
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PVMA seeks role in inflation body
ISLAMABAD, Aug 11: The Pakistan Vanaspati Manufacturers’ Association (PVMA) has asked the government to give representation to the private sector in the ministerial committee on core food inflation....
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World commodity prices slump
LONDON, Aug 11: Global commodity prices slumped this week as speculators rushed to bank profits amid concern that demand for oil and metals will slide should the world economy dampen because of the US housing crisis....
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Dubai firm to buy stake in Bank Muscat
DUBAI, Aug 11: Bank Muscat, Oman''s biggest lender by market value, has agreed to sell a 15 per cent stake to Dubai Financial for $619 million, making the Dubai government-owned firm the bank''s second-biggest shareholder....
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Gold jumps
NEW YORK, Aug 11: Gold bounced more than 2 per cent on Friday on safe-haven buying and as the Federal Reserve pumped money into the banking system to provide liquidity in the financial markets after Thursday''s tumultuous sell-off....
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Global stock markets
NEW YORK, Aug 11: World stock markets dived for a second day running on Friday with investors worldwide dumping shares on fears of a widening economic crisis caused by a global credit crunch....
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