|
| August 05, 2006 | Saturday | Rajab 9, 1427 |
|
Fate of four major projects unclear: Severe energy crisis looms
ISLAMABAD, Aug 4: Four out of five major projects including gas import pipelines planned by the government to meet energy shortage are unlikely to be materialised, creating fears of severe energy crisis after three years.Informed... 
|
|
Bulls dominate on back of corporate results
KARACHI, Aug 4: Mainly on the back of good corporate results, bulls have been dominating the Karachi Stock Exchange. On Friday, the KSE-100 index touched 10,773 points -— its 11 week high....
|
|
Draft treaty with US to be ready next year
WASHINGTON, Aug 4: Pakistan hopes that the draft of a bilateral investment treaty (BIT) with the United States will be placed before the US Congress by early next year, Commerce Minister Humayun Akhtar Khan told reporters here on Friday....
|
|
Islamic banking not growing at desired rate
KARACHI, Aug 4: The growth of Islamic banking has failed to pick up pace even after three years, as it completely mismatched with volumetric increase of interest-based banking in the country....
|
|
|
||
|
Upward drive continues on stock market
KARACHI, Aug 4: Share market finished the weekend session on a bullish note as leading shares tended further higher across-the-board on active follow-up support ahead of board meetings of United Bank...
|
|
Power breakdown hits cotton trading
KARACHI, Aug 4: Trading on the cotton market on Friday remained at low ebb for the third session in a row owing to a major power breakdown since Aug 1....
|
|
||
|
Rs19.83bn withheld as refund in 2005-06
ISLAMABAD, Aug 4: The income tax department withheld an amount of Rs19.83 billion as refund in 6,700 cases during the fiscal year 2005-06, which helped the department in surpassing the tax collection target set for the same fiscal year....
|
|
Junck to head world’s biggest steel maker
LONDON, Aug 4: The head of new global steel giant Arcelor Mittal will be Roland Junck, a senior Arcelor director who was named as chief executive by the group on Friday....
|
|
|
||
|
Rs600m allocated for projects in Sindh
KARACHI, Aug 4: The Sindh government has allocated Rs600 million for the development of industrial infrastructure in the province during the fiscal year 2006-07, indicating a huge increase of 66 per cent from last year’s allocation of Rs361 million....
|
|
Anti-dumping measures against US
TOKYO, Aug 4: The Japanese government has decided to extend for another year anti-dumping tariffs for 15 American products, reports said on Friday.Japan will maintain 15 per cent punitive tariffs on...
|
|
|
||
|
EU’s condition for WTO trade talks
BRUSSELS, Aug 4: EU Trade Commissioner Peter Mandelson could take part in a major trade meeting in Australia next month if the US shows it is willing to budge in world trade talks, his spokesman said on Friday....
|
|
Pakistan to attend Cairns group meeting
ISLAMABAD, Aug 4: Commerce Minister Humayun Akhtar Khan will leave next month for Australia to attend the Cairns group meeting in a bid to evolve a strategy for reviving the stalled Doha negotiations....
|
|
|
||
|
US job creation gets slow
WASHINGTON, Aug 4: US job creation was tepid in July, according to a closely watched government report Friday that could give the Federal Reserve an excuse to suspend rate hikes next week....
|
|
Gold eases ahead of US jobs report
LONDON, Aug 4: Gold inched lower on Friday after trading in a tight $4-an-ounce range below a two-week high, with investors awaiting release of crucial US jobs data and next week''s Federal Reserve meeting for direction....
|
|
|
||
|
European stocks rebound
LONDON, Aug 4: European stock markets rallied on Friday helped by some strong earnings news and a day after falling on rate-rise concerns, dealers said....
|
|
Palm oil prices lower
KUALA LUMPUR, Aug 4: Malaysian crude palm oil futures closed lower on Friday, dragged down by lower prices of rival soyaoil and profit-taking....
|
|
|
||
|
Port Qasim
KARACHI, Aug 4: Slow berthing activity was witnessed at the Port Qasim where only one container ship, Basel, was accommodated berth at QICT during the last 24 hours, said a PQA press release on Friday....
|
|
Karachi Port operations
KARACHI, Aug 4: Eight vessels carrying steel coils and pipes and containers are due to arrive at the out anchorage on Saturday, according to KPT sources....
|
|
|
||
