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Pakistan Seeks Funds to Support Stocks, Tarin Says

October 13th, 2008 Sana · 1 Comment

Source: Bloomberg
By Farhan Sharif
Oct. 12 (Bloomberg) — Pakistan plans to set up a fund for expatriates to buy shares of government-controlled companies, before lifting curbs that have shielded investors from a record sell-off in emerging market equities.
The fund will buy stocks including Oil & Gas Development Co., the biggest fuels explorers, National Bank of Pakistan, […]

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Filed Under: Business

Pakistan to Sell Bonds Exchangeable Into State Fuel Firm Shares

April 13th, 2008 Sana · No Comments

Source: Bloomberg
By Shamim Adam and Shobhana Chandra
April 13 (Bloomberg) — Pakistan plans to sell bonds exchangeable into shares of a state-owned company for the first time in more than a decade as the government seeks to finance its budget deficit.
Pakistan last week hired JPMorgan Chase & Co., Barclays Plc and ABN Amro Holding NV to […]

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Filed Under: Business

Bomb Hits Afghan-Bound Truck

March 19th, 2008 Sana · No Comments

Source: Associated Press
ISLAMABAD, Pakistan (AP) — Pakistan’s state news agency says a roadside bomb has struck an oil tanker carrying fuel for U.S.-led coalition forces in neighboring Afghanistan. No one was hurt.
The Associated Press of Pakistan says the truck “burst into flames” after the explosion Tuesday near Peshawar, a city near the Afghan border.
The tanker […]

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Filed Under: terrorism

Bomb destroys truck carrying fuel for coalition forces in Afghanistan

March 18th, 2008 Aimon · No Comments

Source: Star Tribune
ISLAMABAD, Pakistan - Pakistan’s state news agency says a roadside bomb has struck an oil tanker carrying fuel for U.S.-led coalition forces in neighboring Afghanistan. No one was hurt.
The Associated Press of Pakistan says the truck “burst into flames” after the explosion Tuesday near Peshawar, a city near the Afghan border.
The tanker carrying […]

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Filed Under: Politics

Pakistan’s Gov’t Raises Fuel Prices

March 16th, 2008 Sana · No Comments

Source: The Associated Press
ISLAMABAD, Pakistan (AP) — Pakistan’s interim government raised fuel prices about 7 percent Saturday, a decision likely to spark public anger at a time when food prices are also rising.
The hike by the Pakistan Oil and Gas Regulatory Authority came as world oil prices continue to hover at record highs.
Light, sweet crude […]

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Filed Under: Politics