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| April 15, 2008 | Tuesday | Rabi-us-Sani 8, 1429 |
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Well-paid growers only guarantee to food security
KARACHI, April 14: As a fresh wheat crisis grips the cities and towns of all the four provinces with reports of wheat flour touching Rs27-28 a kilogram in some places, the... 
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World stocks dampened by dim earnings
LONDON, April 14: Asian stocks tumbled on Monday followed by losses across European and US markets on concern over company earnings and increasing gloom about prospects for the global economy, analysts said....
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Flour prices rise further
KARACHI, April 14: The price of 10 kg flour (atta) bag (no.2.5) has jumped to Rs230 from Rs200-210 last week. Retailers are found charging Rs240 in some areas....
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Check urged on inferior cotton seed varieties
ISLAMABAD, April 14: The Senate Standing Committee on Food, Agriculture and Livestock has proposed a strict check on proliferation of unapproved and substandard varieties of cotton seeds in the market....
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Consortium eyeing another bank
KARACHI, April 14: The consortium, which recently acquired the Saudi-Pak Commercial Bank, is eying to buy another bank in Pakistan as part of its expansion plan....
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DAP likely to touch Rs4,000 per bag
KARACHI, April 14: Prices of diammonium phosphate (DAP) is likely to increase to Rs3,800 per bag in May-June and to Rs4,000 per bag in October-November 2008 due to rise in its international prices....
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Plea to cut import duty, sales tax on tyres
KARACHI, April 14: The Pakistan Tyre Importers and Dealers Association has urged the government to cut import duty and sales tax on tyres to five per cent, withholding tax to two...
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Removal of import curbs by China, Malaysia urged: Fruit, vegetables
ISLAMABAD, April 14: Fruit and vegetable exporters have voiced concern over non-tariff measures which were restricting entry of their products into Chinese and Malaysian markets under the free trade agreements (FTAs)....
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Pakistani rice fetches lesser price: Cheaper refinance blamed
KARACHI, April 14: Pakistani exporters have failed to fetch better price for all varieties of rice in the world market where the Indians managed to get much higher price for similar quality....
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Oil bounces back
LONDON, April 14: World oil prices rebounded sharply on Monday as traders tracked the weak dollar, tightening US energy supplies and fresh geopolitical troubles in key crude producer Nigeria....
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EU-GCC pact on free trade soon
RIYADH, April 14: Talks between the European Union and the Gulf Cooperation Council on a free trade agreement are now very close to a conclusion....
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Stocks finish with modest gains in volatile trading
KARACHI, April 14: The share market resumed trading on an easy note on Monday as investors played on both sides of the fence amid highly erratic price movements followed by reports...
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Cotton trading fails to pick up
KARACHI, April 14: Trading on the cotton market failed to pick up on Monday as price ideas of both sellers and buyers were poles apart, followed by reports that ginners were reluctant sellers at the spinners’ buying offers, floor brokers said....
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Licences of Paktel franchises not renewed
LAHORE, April 14: China Mobile Communications Corporation (CMCC), which acquired 100 per cent shares of Paktel from Millicom last year and renamed it to CMPak Limited, has not renewed the licences of more than 150 Paktel franchises across the country....
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Dollar falls
LONDON, April 14: The dollar fell against the euro on Monday despite a slightly stronger-than-expected US retail sales report and despite news that eurozone industrial output was slowing....
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Karachi Port operations
KARACHI, April 14: Six ships carrying containers and coal are expected to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Port Qasim
KARACHI, April 14: Five ships scheduled to load and offload containers, cement, fertiliser, palm oil and crude oil were allotted berths during the last 24 hours, said a PQA press release on Monday....
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Asian stock markets tumble
HONG KONG, April 14: Asian stocks tumbled on Monday as concerns about US corporate earnings, low American consumer confidence and the poor global economic outlook shook investors, punishing shares in Japan and China....
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Palm oil futures climb
KUALA LUMPUR, April 14: Malaysian palm oil futures climbed more than 4 per cent to a two-week high on Monday as investors bought after bullish comments by a top industry analyst and on signs of growing Chinese buying interest....
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