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Archive for the January 1, 2005

    • News Desk
    • Jan 1st, 2005
    • Comments Off on LME metals near multi-year peaks; lead above $1,000

    Metals prices generally held steady and near multi-year highs during Friday's London Metal Exchange (LME) official rings, setting the scene for further gains in 2005, traders said. "It is holding up quite well, and that

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    • News Desk
    • Jan 1st, 2005
    • Comments Off on EU opens cut-levy grain tenders for Spain and Portugal

    The European Union has opened three cut-levy tenders for the import of maize and sorghum to Spain and Portugal, its Official Journal said on Friday. Spain would be able to import 700,000 tonnes of maize

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    • News Desk
    • Jan 1st, 2005
    • Comments Off on Rubber scarce in Sumatra, trade shrugs off tsunami

    Rubber shipments from Indonesia's main rubber-growing area of Sumatra are moving on schedule despite a giant earthquake and tsunami that swept the region, killing nearly 70,000 people, dealers said on Wednesday. There were reports of

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    • News Desk
    • Jan 1st, 2005
    • Comments Off on European gold firms, seen extending bull run in 2005

    Gold held firm ground in quiet European activity on Friday morning, with the market expected to maintain steady levels to finish 2004 on a positive note, dealers said. Spot gold stood at $438.15/438.45 per troy

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    • News Desk
    • Jan 1st, 2005
    • Comments Off on Opposition asked to accept President’s talks offer

    National Reconstruction Bureau (NRB) Chairman Daniyal Aziz on Thursday said it was high time for the opposition to accept dialogue offer of the President for national development. Welcoming President's address on Radio and Television, he

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  • Wapda Distribution Thermal Generation and NTDC companies would remain under the control of chairman Wapda being head of Pakistan Electric Power Company after December 31, 2004. According to a news release issued by Pakistan Wapda

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    • News Desk
    • Jan 1st, 2005
    • Comments Off on Privatisation process: Pakistan welcomes Russian participation

    Pakistan Ambassador to Russia, Syed Iftikhar Murshid has said that the economic relations between Pakistan and Russia will further strengthen in days ahead. Talking to Radio Moscow the Ambassador said, "We, with the help of

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  • A seminar on 'WTO: Prospects and Compulsions for Pakistan' was held under the aegis of the A-Level Business Society of Defence Authority Public School (O&A Levels) at Bahria Auditorium here on Friday, a press release

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    • News Desk
    • Jan 1st, 2005
    • Comments Off on Partly Facetious: continuity admits of no option

    "President Musharraf is the voice of the majority, or so he maintains..." "Well, in one sense he is right, after all both parliament and the senate passed the bill allowing him to hold the two

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    • News Desk
    • Jan 1st, 2005
    • Comments Off on China sees fair competition with Pakistan in textile

    China hopes a growing and fair competition with Pakistan in the textile sector after elimination of quota system from January 1. "We believe that the competition will intensify after the quotas are eliminated, as textile

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