|
| December 19, 2008 | Friday | Zilhaj 20, 1429 |
|
FDI improves despite negative indicators
KARACHI, Dec 18: The foreign direct investment (FDI) slightly rose during the last five months despite the country beset with negative indicators resulting from tense relations with both of its neighbours.... 
|
|
CCP grants interim relief to ICAP: Hike in auditors’ fee
ISLAMABAD, Dec 18: An appellate bench of the Competition Commission of Pakistan (CCP) granted interim relief to the Institute of Chartered Accountants of Pakistan (ICAP) on Thursday in a case relating...
|
|
||
|
Oil prices slump under $38
LONDON, Dec 18: Oil prices tumbled on Thursday to the lowest points for more than four years, diving under $38 per barrel in New York, as traders suggested that Opec would not fully enforce a record output cut....
|
|
Urea sale via govt outlets planned
ISLAMABAD, Dec 18: The Ministry of Industries on Thursday directed all manufacturers to surrender half of their urea stocks to the government immediately to end the ongoing artificial shortages of the fertiliser....
|
|
|
||
|
Govt vows to resolve NFC issue
LAHORE, Dec 18: Minister of State for Economic Affairs Hina Rabbani Khar has said that the government is in a position to take a consensus decision and resolve the differences between the provinces on National Finance Commission (NFC) Award....
|
|
Euro falls against dollar
LONDON, Dec 18: The European single currency fell back against the dollar late Thursday after hitting three-month highs earlier in the day, while sterling continued to fall amid mounting British economic gloom....
|
|
|
||
|
New trademark treaty to be effective from March 16
RAWALPINDI, Dec 18: The Singapore Treaty on the Law of Trademarks is set to become effective in March 16, 2009 to open the way for the branded goods industry to register and manage trademark rights cost-effectively and efficiently....
|
|
Reserves rise
KARACHI, Dec 18: Pakistan’s foreign exchange reserves rose $245 million to $9,339.6 million in the week that ended on Dec 13, the central bank said on Thursday....
|
|
|
||
|
Meltdown on KSE continues
KARACHI, Dec 18: Operational liquidation continued on the stock market for the fourth consecutive floor-free session on Thursday as fresh price erosions were witnessed in the leading base shares under the lead of oil sector....
|
|
Court seeks SECP decision on funds
LAHORE, Dec 18: Justice Umar Ata Bandial of the Lahore High Court directed the Securities and Exchange Commission of Pakistan (SECP) on Thursday to decide within seven days whether the funds...
|
|
|
||
|
Cotton market shows improved trend
KARACHI, Dec 18: The cotton market showed an improved trend on Thursday as prices of fine varieties edged modestly higher amid an actively traded session....
|
|
Karachi Port operations
KARACHI,Dec 18: Six ships carrying containers, steel and to load molasses are expected to arrive at the outer anchorage on Friday, according to KPT sources....
|
|
|
||
|
Port Qasim
KARACHI, Dec 18: Three ships scheduled to load and offload containers and cement berthed at the Qasim International Containers Terminal and MPT, respectively, during the last 24 hours....
|
|
Plea to cut bitumen price
KARACHI, Dec 18: The Karachi Contractors Association (KCA) has urged the government to bring down bitumen (daamar) prices in line with a decline in petrol prices....
|
|
|
||
|
Asian stock markets higher
HONG KONG, Dec 18: Asian stocks saw modest gains on Thursday as investors watched out for interest rate cuts, with Japan looking poised to slash its rate near zero to tackle a sharp economic downturn, dealers said....
|
|
Gold up in Europe
LONDON, Dec 18: Gold up in Europe on Thursday as the dollar weakened, but remained rangebound, with analysts expecting the metal to consolidate after recent sharp gains....
|
|
|
||
|
Palm oil prices lower
JAKARTA, Dec 18: Malaysian palm futures lost more than 2 per cent on Thursday after crude oil hit its weakest level in more than four years despite Opec’s biggest ever production cut....
|
|
Karachi market rates
KARACHI, Dec 18: The following were Thursday’s commodity market rates in rupees....
|
|
|
||
