National fisheries policy announced
ISLAMABAD, Nov 2: The government on Friday unveiled the first ever National Fisheries Policy which envisages an annual increase of 53,000 tons in fisheries production besides boosting the export of sea food products....
Handicraft industry to be revived
KARACHI, Nov 2: The Common Wealth, in collaboration with Sindh Small Industries Corporation (SSIC), has launched a survey to help revive centuries old handicraft industry in the province....
Realistic tariff for Thar coal sought
KARACHI, Nov 2: A general consensus obtained from the participants of the two-day international symposium on “Sindh Coal (Lignite) Mining: Challenges and Success” was that a realistic tariff for Thar coal is 9 to 10 cents....
Wheat support price announcement in a few days
ISLAMABAD, Nov 2: Federal Minister for Food and Agriculture Sikandar Hayat Khan Bosan said on Friday that the support price for wheat would be announced within next few days to give better return to growers....
Oil prices resume upward march
LONDON, Nov 2: Oil prices climbed on Friday to within sight of record levels on concern about the weak dollar and tight global energy supplies heading into the northern hemisphere winter, traders said....
Another price-hike in oil, ghee likely
KARACHI, Nov 2: Consumers will have to face another price-hike in branded ghee and cooking oil as distributors of one of the leading players have informed retailers about the expected increase...
Dollar sinks to record low on credit jitters
NEW YORK, Nov 2: The dollar plummeted to all-time lows against the euro and a major currency basket on Friday on persistent worries about credit and unreported losses at financial firms, which overshadowed a strong US payrolls report....
WTO farm talks may be delayed
GENEVA, Nov 2: The chief negotiator in crucial WTO talks on liberalising farm trade warned Friday he could postpone a new set of compromise proposals that had been scheduled for mid-November....
Stocks resist larger fall on buying at dips
KARACHI, Nov 2: Stocks on Friday resisted larger fall on strong covering purchases in some of the leading base shares under the lead of institutional investors but the underlying sentiment remained weak....
Manufacturing growth
LONDON, Nov 2: Global manufacturing growth slowed further in October as factory output and new orders took a sharp hit, a global indicator based on national surveys showed on Friday....
Reserves
KARACHI, Nov 2: Pakistan’s total liquid foreign exchange reserves went up by $46 million to more than $16,354.2 million this week....
All cotton lots sold out on active trading
KARACHI, Nov 2: Active trading was witnessed on the cotton market on Friday as spinners and mills were not inclined to take even a technical breather and lifted all the lots offered by the ginners for sale, floor brokers said....
Karachi Port operations
KARACHI, Nov 2: Three ships carrying containers and crude oil are due to arrive at the outer anchorage on Saturday, according to KPT sources....
Businessmen Panel to contest Sarhad chamber polls
PESHAWAR, Nov 2: The Businessmen Panel, a group of traders and industrialists of NWFP, has announced to contest the election for the offices of Sarhad Chamber of Commerce and Industry (SCCI) due this month....
US employers add 166,000 new jobs
WASHINGTON, Nov 2: US employment growth accelerated in October as 166,000 new jobs were created, the government said on Friday in a report that suggested the economy is weathering housing and credit woes....
Venezuela to issue bonds
CARACAS, Nov 2: Venezuela said on Friday it will issue new debt over the next five months to reduce liquidity that has fueled Latin America’s highest inflation and pressured a rapidly depreciating currency....
Asian stocks close sharply lower
HONG KONG, Nov 2: Asian stocks suffered heavy losses on Friday, mirroring sharp falls on other global markets amid fears that the fallout from the US subprime loan crisis is far from over....
Gold up
LONDON, Nov 2: Gold bounced back on Friday towards 28-year highs with speculators and investors betting on strong oil prices and a weakening dollar....
Palm oil prices steady
KUALA LUMPUR, Nov 2: Malaysian crude palm oil futures held firm on Friday, a touch below record peaks as investors split between booking profits and shortcovering against an anticipated rise in crude and soyaoil, traders said....