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NewsIsFree: Business |
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Inflation surges to 26.55 percent
ISLAMABAD (May 17, 2008): The weekly inflation, measured by SPI, surged to new high of 26.55 percent on week ending on May 15 over the same period of last year as a result of persistent rise in the prices of essential commodities. There was increase in the price of 32 essential commodities. [in Business Recorder: Business & Economy] |
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SPECIAL REPORT: Wealthiest Angelenos
Los Angeles is changing its profile from vacation spot to place of residence and investment for the worlds wealthy. [in Los Angeles Business Journal Online: Banking & Finance] |
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Malaysia to open trade office in Karachi
KARACHI (May 17, 2008): Malaysia has decided to open its trade office in Karachi, Consul General of Malaysia, Mohammed Khalid Abdul Razaq informed business community on Friday. Speaking at a meeting of Karachi Chamber of Commerce and Industry (KCCI), he said that the initial arraignments had been made to open trade office and hoped it would start functioning by the end of next month. [in Business Recorder: Business & Economy] |
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Preferred Bank Dips on Loan Concern
Shares in Preferred Bank Los Angeles dropped 12 percent Friday after shares in the bank were downgraded by D.A. Davidson. [in Los Angeles Business Journal Online: Banking & Finance] |
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Meeting to discuss under-invoicing of goods from China
FAISALABAD (May 17, 2008): An important meeting will be held here next month to discuss the issue of under-invoicing of imports from China, said Chinese Economic and Commercial Consular Zhou Zhen Cheng. Addressing a meeting during his visit to Faisalabad Dry Port, he said China-based companies are investing in different countries, however, they would prefer Pakistan in this connection. [in Business Recorder: Business & Economy] |
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Podcast: Preview the Business Journal
Easy access to the Los Angeles Business Journal podcast is available from a link at the upper left corner of the home page. Click the standing link there, or here, to hear Editor Charles Crumpley provide highlights from the May 19 edition. [in Los Angeles Business Journal Online: Banking & Finance] |
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First meeting of Pak-Canada JWG held
ISLAMABAD (May 17, 2008): The first meeting of the Pakistan-Canada Joint Working Group (JWG) focused on enhancement of bilateral cooperation in trade and economic relations as well as social sector development, says a press release issued by ministry of foreign affairs here on Friday. [in Business Recorder: Business & Economy] |
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Federal Judge OKs Countrywide Suit
A federal judge rejected requests by Countrywide Financial Corp. to dismiss a shareholder lawsuit against executives and directors of the lender, and on Wednesday said that the case should go to trial. [in Los Angeles Business Journal Online: Banking & Finance] |
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Distribution of financial package: elected representatives will not be involved
ISLAMABAD (May 17, 2008): The government has decided in principle not to involve the elected representatives in distribution of financial package being prepared to give relief to 4 million extremely poor families whose data will be provided by the National Database Registration Authority (Nadra). [in Business Recorder: Business & Economy] |
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