www.informedtrades.com A 3 lesson series on the background of the subprime US Banking Financial Crisis market and how the problems we are experiencing today arose. Relevant to traders and investors of the stock market, futures market, and forex market.

Circular Debt swells to Over Rs 300 Billion, PAC told ZULFIQAR AHMAD ISLAMABAD: The Public Accounts Committee was informed on Wednesday that the circular debt has once again swelled to over Rs 300 billion, for which the authorities are seriously considering to charge-sheet Karachi Electric Supply Company...

The Australian dollar fell against all of its major counterparts at today’s Forex market opening, as Australia may be left without a majority government for the first time since 1940. The Aussie has immediately entered an uptrend after this negative opening. Hung parliament isn’t anything...

Nato Brings AID for Flood Victims ZULFIQAR AHMAD ISLAMABAD: The North Atlantic Treaty Organisation (NATO) on Sunday reached Pakistan with relief goods for the flood victims donated by various countries and those organisations which are working for the well-being of humanity. The relief goods, loaded...

Canada to Match AID Provided by its Citizens OTTAWA: The Canadian government, which last week announced 32 million dollars for victims of Pakistan’s historic floods, said Sunday it would give more aid by matching the amount donated by its citizens. “The Canadians have always been ready to...

World Pledges $810 Million: Qureshi PEER MUHAMMAD ISLAMABAD: Foreign Minister Shah Mehmood Qureshi on Sunday said that the world community during the two special sessions of the UN General Assembly pledged $254 million aid money and assured of providing $810 million for the flood affectees. Addressing...

Futures open Interest Increases 3.1 Percent RECORDER REPORT KARACHI: Total open interest position at the futures counter increased by 3.1 percent to Rs 649 million. The future spreads also registered a nominal increase of 1.48 percent during the week ending on August 20, 2010. Trading at the futures...

Floods boost EU Support for Pakistan Trade Breaks BRUSSELS: The EU foreign affairs chief will urge EU states next month to back trade concessions for Pakistan as worries grow about the impact of devastating floods on the stability of its fragile government. EU diplomats say support for such trade breaks...

GDP shrinks by 2.5 percent AHMED MUKHTAR ISLAMABAD: Pakistan’s GDP growth has shrunk by almost 2.5 percent and overall loss to assets is hovering around 6-8 percent of GDP, says an official. Pakistan had the target of 4.5 percent of GDP growth this year, after achieving 4.1 percent in 2009-10. “The...

Equities move both ways on ISE RECORDER REPORT ISLAMABAD: Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in the index. ISE Ten Index showed an increase of 43.82 points, as the Index moved from 2,422.20...