MIRANSHAH :
Another US drone attack on Thursday killed six people in North Waziristan, security officials said -- the fourth strike in 24 hours. The target of the fourth drone attack was a compound in the outskirts of Miranshah, the main town in North ....
KARACHI (March 11, 2010): All sugar mills in the country on Wednesday ended the sugarcane crushing season 2009-10, it is learnt. According to Pakistan Sugar Mills Association (PSMA), more than 70 percent sugar mills had stopped crushing on March 1, while the processing units in three sugar producing provinces, including Punjab, Sindh and North-West Frontier Province (NWFP), stopped production on March 10, 2010.
KARACHI (March 11, 2010): Rejecting extension request of American bidder for correction of Standby Letter of Credit (SLBC), the Trading Corporation of Pakistan (TCP) on Wednesday awarded 50,000 tons of sugar import tender to the second lowest bidder, at $649 per ton. Sources said that after four days of opening of the fifth sugar import tender the TCP award tender to the Dubai-based supplier, Sadan General Trading, as the lowest bidder, American Investment Group (AIG), failed to correct the SBLC.
KARACHI (March 11, 2010): The board of directors of Karachi Stock Exchange on Tuesday was divided over the proposal for nomination of chairman of the Central Depository Company of Pakistan Limited, it is reliably learnt. Sources said that all the four nominated directors and the MD of the exchange were in favour to propose the name of Hussain Lawai as the chairman of CDC.
KARACHI (March 11, 2010): National Bank of Pakistan (NBP) once again attained the top position in the financial sector with the highest after tax profit of over Rs 18 billion. The Management in appreciation of this performance has announced an additional profit bonus to all its employees consisting of two basic salaries with a minimum of Rs 21,500.
ISLAMABAD (March 11, 2010): The embassy of United States on Wednesday announced a new programme allowing Pakistani businesses to register and receive certification from the US Commercial Service, to establish their bonafides for the US corporations interested in partnering with Pakistani companies.
PESHAWAR (March 11, 2010): At least 14 people were reportedly killed in a suspected US drone attack in North Waziristran Agency on Wednesday night. Sources based in Miran Shah, agency headquarters of North Wazirsitan said that US drone in the first attack fired four missile on a vehicle at Maynza khel at Tehsil Dadakhela that left six persons dead.
LONDON (March 11, 2010): British oil giant Shell said Wednesday it had stopped selling petrol to Iran, becoming the latest major oil company to stop trading with the Islamic Republic. "Shell is not currently selling gasoline to Iran," a Shell spokesman said, quoted by Dow Jones Newswires.
KARACHI (March 11, 2010): After witnessing mixed trend, the KSE-100 index on Wednesday closed at 9,784.98 points level with a marginal loss of 2.05 points due to profit taking opted by investors. The market opened on a positive note and the index hit 9,842.72 points intra-day high, up 55.69 points.
KARACHI (March 11, 2010): On Wednesday, the BRIndex30 opened at 8,578.30 points and after remaining in positive for almost an hour, it fell and then largely remained in negative. It touched intraday high of 8,631.37 and low of 8,543.80 poinys and closed at 8,574.76 points showing negative change of -3.54 points or -0.04 percent. The volume was 98,387,134 shares, which was 76.96 percent of KSE All share volume and 91.1 percent of KSE 100 volume.
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