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| May 02, 2007 | Wednesday | Rabi-us-Sani 14, 1428 |
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No end to rising consumer financing
KARACHI, May 1: Despite high lending rates, consumer financing has got a leading role in the banking sector while bankers believe it has remarkable potential for further growth, like telecommunications grew in recent days.... 
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Pakistan on US watch list for IPR violations
ISLAMABAD, May 1: The United States has placed Pakistan on the Watch List in 2007 as a result of poor enforcement of intellectual property rights (IPRs) regime in the country, said a US report....
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Consumers paying more for oil, ghee, tomato
KARACHI, May 1: Except for price hike in loose ghee and cooking oil, tomato, rice and red chillies, consumers might have been taken a sigh of relief last month owing to...
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Hot issues of market crash may resurface: Meeting tomorrow ISLAMABAD, May 1: The task force that initially investigated the March 2005 stock market crash is likely to resurface the issues of missing data of share transactions and the composition of...
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IMF and World Bank in search of new role
PARIS, May 1: The International Monetary Fund and the World Bank, both of which Venezuela is set to leave, were created more than 60 years ago to help the smooth running of the world economy and the fight against poverty....
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‘Trade deficit to reach $13.9bn by June-end’
ISLAMABAD, May 1: Exports would have touched $20 billion mark by the end of June 2007 and trade deficit reduced by $5 billion, had the government gradually depreciated rupee against dollar six months ago, said a report conducted by independent economists....
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Exhibitors seek inquiry into Morocco fair fiasco
KARACHI, May 1: Overwhelming majority of participants to a single country exhibition held in Casablanca, Morocco (April 20 to 22) have requested Prime Minister Shaukat Aziz to hold an inquiry into...
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Indian trade deficit
NEW DELHI, May 1: India’s trade deficit widened to nearly $57 billion in the year ended March as a surge in the cost of imports led by oil offset a record year for exports, government data showed on Tuesday....
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Ministerial energy moot begins today
RIYADH, May 1: The 2nd Asian Ministerial Energy Roundtable gets underway here on Wednesday with emphasis on supply security for consumers and demand security for producers....
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UK retail sales up
LONDON, May 1: British retail sales volumes rose at their fastest pace in three years in April, a survey showed on Tuesday, boosting speculation that interest rates will rise more than once in the next few months....
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US, EU say Doha still a top priority
WASHINGTON, May 1: US and European leaders have said they remain committed to completing the troubled Doha round of world trade talks, despite launching a new initiative to boost transatlantic trade....
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Pakistan holds IT events in UK
ISLAMABAD, May 1: With the objective of providing a boost to the country''s IT industry, the Pakistan Software Export Board (PSEB) has organised a series of business networking events in London, Manchester and Leeds, UK....
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Ban on raw leather export sought
SIALKOT, May 1: Despite imposition of a 20 per cent regulatory duty on export of wet-blue leather and semi-finished leather by the federal government, leather exports from Pakistan to various countries, including China, continue unabated....
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Seafood may be protected in WTO deal
GENEVA, May 1: State subsidies that encourage overfishing should be banned under any World Trade Organisation (WTO) free trade pact, environmental groups said on Tuesday....
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Japanese, British shares fall
LONDON, May 1: British and Japanese shares fell on Tuesday as holidays closed many markets....
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Liberia relaunches diamond trade
TUBMANBURG (Liberia), May 1: Liberia re-launched its diamond trade on Tuesday after the United Nations lifted an embargo, hoping the revival of the industry will fund reconstruction rather than lead to more bloodshed....
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