Low Graphics Site

November 27, 2007 Tuesday Ziqa’ad 16, 1428 SBP sees inflation rising KARACHI, Nov 26: The State Bank sees higher inflation during the current year, sighting the global higher commodity prices and oil prices as reasons fueling inflationary pressure.... Ginners decide to stop buying phutti KARACHI, Nov 26: Ginners have decided to stop buying phutti (seed cotton) up to Dec 1 as a mark of protest against high rate of contamination and moisture in it....   Australia assures help in boosting grapes crop ISLAMABAD, Nov 26: Australia has shown interest in helping Pakistan to increase production of grapes in Balochistan.... Coal to remain main source of energy HONG KONG, Nov 26: Coal power stations will remain central to the world’s energy supply for the next 40 years, but they must slash emissions to avoid pushing up global temperatures, an environmental group said on Monday.... Bullish spell continues despite profit-taking on KSE KARACHI, Nov 26: The KSE 100-share index on Monday ended with a fresh modest rise of 44 points despite a good bit of profit-selling in the leading oil shares on the... Aid for trade should be long-term project ISLAMABAD, Nov 26: Pakistan has proposed to the WTO that Aid-for-Trade (AfT) initiative should be a long-term project and it should not be dependent upon frequent change of governments, which happens in many developing countries.... Gold prices up to Rs16,457 KARACHI, Nov 26: Gold prices increased their value by Rs322 to Rs16,457 per 10 grams as compared to Saturday’s closing rates of Rs 16,135 in the Sarafa Market here on Monday.... Special audit of stock brokers KARACHI, Nov 26: The Karachi Stock Exchange intends to initiate a process of special audit of stock brokers for which 15 brokerage houses have been selected as the first to go under the microscope.... EU eyes fast FTA deal with India NEW DELHI, Nov 26: With trade running at one billion euros ($1.5 billion dollars) a week, the European Union said on Monday it was seeking “fast” agreement on a free trade deal with India.... Hong Kong exports up HONG KONG, Nov 26: Hong Kong export growth increased in October on the back of the booming Chinese economy, and regional strength, government figures showed on Monday.... Oil slides after fresh advance towards $100 LONDON, Nov 26: Oil prices breached $99 a barrel on Monday as the markets fretted over tight crude supplies globally, before sliding on profit-taking amid rumours that Opec may decide to increase output.... PSO floats tender for 1.03m tons of fuel oil SINGAPORE, Nov 26: Pakistan State Oil (PSO) is seeking to buy up to 1.03 million tons of fuel oil for January-April delivery, tender documents seen on Monday showed, up 11 per cent from its previous four-month tender.... Contaminated phutti hits lint trading KARACHI, Nov 26: Trading on the cotton market remained sluggish on Monday as ginners had suspended their phutti buying operations for an indefinite period owing to supply of contaminated phutti by the growers, market sources said.... Brown vows to tackle financial crisis LONDON, Nov 26: British Prime Minister Gordon Brown, faced with domestic political troubles, told business chiefs on Monday that his government would guide the economy through the turmoil gripping financial markets.... Karachi Port operations KARACHI, Nov 26: Eight ships carrying palm oil, chemicals and containers are due to arrive at the outer anchorage on Tuesday, according to KPT sources. Berthing activity at the wharves maintained... Port Qasim KARACHI, Nov 26: Four ships carrying containers, edible oil, diesel oil and chemicals were accommodated berths during the last 24 hours, said a PQA press release on Monday.... Dubai buys stake in Sony DUBAI, Nov 26: An investment firm owned by the government of Dubai has bought a “substantial” stake in Japanese consumer electronics giant Sony, the investment company said on Monday.... EU urges China to tackle piracy BEIJING, Nov 26: EU Trade Commissioner Peter Mandelson expressed frustration on Monday with copyright violations in China, hinting Europe might refer it to the WTO.... Asian stocks close up on hopes for US economy HONG KONG, Nov 26: Asian stocks closed mostly up Monday buoyed by a Wall Street rally triggered by hopes that US shoppers could help the world’s biggest economy avoid recession.... Palm oil prices higher KUALA LUMPUR, Nov 26: Malaysian crude palm futures extended gains on Monday to a record, shrugging off firm exports and focusing on gains in crude and soyaoil markets.... ‘Future bright for emerging markets’ MUMBAI, Nov 26: European Central Bank president Jean-Claude Trichet said on Monday the future looked bright for emerging markets like India, saying their rapid growth was good news for the world economy as a whole.... Karachi market rates KARACHI, Nov 26: The following were Monday’s commodity market rates in rupees.... Euro edges up again LONDON, Nov 26: The euro edged higher on Monday after striking a series of historic peaks close to 1.50 dollars last week as markets fretted over the outlook for the all important US economy, dealers said.... Conversion rates KARACHI: The following are November 27 State Bank conversion rates for foreign currency deposits, dollar bearer certificates, foreign currency bearer certificates, and special US dollar bonds....

Contributions Privacy Policy © DAWN Group of Newspapers, 2007