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| May 09, 2007 | Wednesday | Rabi-us-Sani 21, 1428 |
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Centre plans to launch Rs500bn uplift plan: Fiscal year 2007-08
KARACHI, May 8: The federal government is indicating to launch a huge development programme of about Rs500 billion during next fiscal 2007-08 which is an election year.... 
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Pakistan may export 1m tons wheat to India
ISLAMABAD, May 8: With a bumper crop this year Pakistan is likely to export up to one million tons of wheat to India through rail and sea routes, Dawn has learnt....
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SECP releases ‘minutes’ of meeting with KSE
KARACHI, May 8: A meeting of the Securities and Exchange Commission of Pakistan (SECP) and the Karachi Stock Exchange (KSE) was held on Tuesday, following which a press release was issued by the apex regulator late in the evening....
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Oil prices rise on supply concern
LONDON, May 8: World oil prices climbed on Tuesday on supply concerns as militants launched fresh attacks on oil installations in Nigeria, Africa''s largest producer of crude, traders said....
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G-20 states slam WTO report on agriculture
ISLAMABAD, May 8: The G-20 member countries have criticised the report of the WTO committee on agriculture, saying the paper has ignored main concerns of the developing countries....
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Malaysian trade surplus
KUALA LUMPUR, May 8: Malaysia''s trade surplus declined in March, falling by 29.8 per cent to 6.73 billion ringgit ($1.97 billion) compared to 9.58 billion ringgit a year earlier, official data showed Tuesday....
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Thailand for boosting bilateral trade
QUETTA, May 8: The Consul General of Thailand in Karachi Joompol Manaschuang has underlined the need for making more efforts for increasing trade between Pakistan and his country....
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Stocks partially recover overnight losses
KARACHI, May 8: Stocks on Tuesday staged a broad recovery on heavy covering purchases at the lower levels aided by official denial about the emergency option in the backdrop of judicial crisis and allied political undercurrents....
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Chevron seen settling probe of Iraqi oil deals
WASHINGTON, May 8: US energy giant Chevron is preparing to settle a government probe into kickbacks under the now-defunct oil-for-food UN programme for Iraq, the New York Times reported on Tuesday....
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PHMA slates remarks about textile industry
KARACHI, May 8: Pakistan Hosiery Manufacturers Association (PHMA) Chairman M Naqi Bari has said that the government is being misled and misinformed on issues related to the textile industry, which results in confusing and baseless statements made by the policy makers....
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Pakistan needs to improve infrastructure
ISLAMABAD, May 8: Infrastructure development is crucial for improving the global competitiveness ranking of Pakistan, said Chief Executive of the Competitiveness Support Fund (CSF) Arthur Bayhan here on Tuesday....
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Karachi Port operations
KARACHI, May 8: Seven ships carrying general cargo, containers and to load cement and ethanol are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Port Qasim
KARACHI, May 8: Four ships carrying containers, chemicals and diesel oil were allotted berths during the last 24 hours, said a PQA press release on Tuesday....
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Insipid trading on cotton market
KARACHI, May 8: Physical trading on the cotton market on Tuesday failed to pick up as buyers were again conspicuous by their absence awaiting further developments on the import front....
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Saudi reserves up by $8bn
RIYADH, May 8: Saudi foreign currency reserves hit $250 billion mark in March 2007....
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Asian stocks higher
HONG KONG, May 8: Asian stocks eased off record and multi-year highs on Tuesday with investors ignoring gains on Wall Street and consolidating their positions amid slight profit taking....
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Malaysian palm oil down
KUALA LUMPUR, May 8: Malaysian crude palm oil futures closed mostly lower on Tuesday as players booked profit ahead of key April data on exports and production due later this week....
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European stock markets slip
LONDON, May 8: Europe''s main stock markets slid in cautious trading on Tuesday, as traders focused on upcoming interest rate decisions, offsetting positive sentiment caused by another record high for Wall Street....
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