Pakistan refinery sector production fell by 18 percent 2MFY11-12
Pakistan refinery sector production fell by 18 percent as it stood at 1.2 million tons in first two months of fiscal year 2011-12 (2MFY11-12) as compared to 1.4 million tons in the corresponding period last year.
However, in the month of August, Pakistan's refinery production slashed by 28 percent month on month (MoM).
KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.
KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.
TOKYO: Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
SINGAPORE: Asian shares and the euro fell on Monday as investors reacted cautiously to reports that European leaders were working on new ways to stop the fallout from the euro zone sovereign debt crisis wreaking more damage on the world economy.
TOKYO: Asian stocks extended losses, partly dragged lower by a plunge in Hong Kong shares, and the euro fell on Monday on deepening concerns that the euro zone's debt crisis will dampen global growth.
SINGAPORE: Gold fell further on Monday after posting its worst closing since June last week but bargain hunters could cushion the fall, while escalating worries about Europe's ability to resolve its debt crisis sent bullion-priced in euro to record.
HONG KONG: Asian stocks fell and the euro dropped 1 percent on Monday as investors fretted about European policymakers' fumbling attempts to solve their crippling sovereign debt crisis.
SINGAPORE: Oil fell on Wednesday, pulling U.S. crude off six-week highs, as investors saw little upside from declining inventories in an environment where the euro zone debacle is taking precedence over tightening supply.
SINGAPORE: Asian stocks, U.S. index futures and the euro fell on Wednesday as investors remained unconvinced that euro zone leaders have a coherent plan to tackle the bloc's sovereign debt problems, which many fear could trigger a new banking crisis.
SINGAPORE: Oil fell on Thursday as rising fuel stocks and falling demand in top consumer the United States reinforced fears that crumbling economic growth and Europe's debt crisis would dent energy use, while a stronger dollar pressured prices.
NEW YORK/LONDON: Gold fell around 1 percent on Friday, as bullion investors raised cash to cover margin calls amid losses in the equity markets after Fitch downgraded the credit ratings of Spain and Italy.
SINGAPORE: Brent crude fell on Wednesday, snapping five days of gains, after OPEC cut its global oil demand forecast and plans for greater powers for a euro zone bailout fund hit a snag, rattling investor confidence.
TOKYO: Asian shares fell on Wednesday after the minutes from the U.S. Federal Reserve's March meeting reduced expectations of further stimulus measures to spur growth, leaving investors looking for more clues to the global economic outlook. European equity markets will likely follow the weak Asian mood, with financial spread betters predicting major European markets to open as much as 0.8 percent lower.
TOKYO: Asian shares fell on Wednesday after the minutes from the U.S. Federal Reserve's March meeting reduced expectations of further stimulus measures to spur growth, leaving investors looking for more clues to the global economic outlook. European equity markets will likely follow the weak Asian mood, with financial spread betters predicting major European markets to open as much as 0.8 percent lower.
KARACHI: The worsening relationship of Pakistan with United States has dampened the sentiments of local and foreign investors badly as the Halal Stock Index tumbled by 2.7 percent or 571.52 points in early trade on Monday.
SINGAPORE: Brent crude fell to near $103 on Thursday, declining for a second day after a bigger-than-expected increase in U.S. stockpiles heightened concern that demand may slow and doubts over the eurozone rescue fund weighed on confidence.
NEW YORK: World stocks fell to 13-month lows and commodities tumbled on Thursday as weak data from China crystallized investor fears of a global recession one day after a grim economic outlook from the Federal Reserve.
KARACHI: Pakistan's foreign exchange reserves fell to $17.64 billion in the week ending Sept. 17 from $17.79 billion the previous week, the central bank said on Thursday.
HONG KONG: Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
KARACHI:Pakistan's foreign exchange reserves fell to $17.38 billion in the week ending Sept. 24 from $17.64 billion the previous week, the central bank said on Thursday.