News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Cotton ends mostly lower as market preps for USDA report

NEW YORK: Most ICE cotton contracts ended Tuesday with modest losses, as participants prepared for the Department of Agr

Published 07 May, 2013 11:02pm

World

Pentagon cites new drive to develop anti-satellite weapons

WASHINGTON: Deputy Defense Secretary Ashton Carter on Tuesday said the US military had launched a "long overdue" effort

Published 07 May, 2013 11:00pm

Markets

Australia dlr stung by risk of more rate cuts, eyes China data

SYDNEY/WELLINGTON: The Australian dollar struggled near a two-month low against the US dollar on Wednesday as investors

Published 07 May, 2013 10:57pm

Markets

Oil down after rally on German data, Mideast tensions

NEW YORK: Brent crude oil fell more than $1 on Tuesday as worries about market fundamentals curbed an early rise that ha

Published 07 May, 2013 10:44pm

Markets

C$ hits strongest level since February in central bank rally

TORONTO: The Canadian dollar closed at its strongest level versus its US counterpart since mid-February on Tuesday, risi

Published 07 May, 2013 09:37pm

Markets

TSX climbs as banks, consumer stocks provide lift

TORONTO: Canada's main stock index posted its fourth straight session of gains on Tuesday as strength in financial a

Published 07 May, 2013 09:35pm

Markets

Dow closes above 15,000 for first time

NEW YORK: The blue-chip Dow Jones Industrial Average Tuesday closed above 15,000 for the first time as investor optimism

Published 07 May, 2013 09:30pm

US has 'moral' obligation in Syria: Obama

WASHINGTON: US President Barack Obama said Tuesday he had both a moral and a national security obligation to stop the sl

Published 07 May, 2013 08:27pm

Azevedo's WTO win signals changing world order: Brazil

BRASILIA: The election of Brazilian candidate Roberto Azevedo as the new head of the World Trade Organization reflects a

Published 07 May, 2013 08:24pm

Russia, US agree to push both Syria sides to end conflict

MOSCOW: Russia and the United States agreed at top-level talks on Tuesday to push both the Syrian regime and rebels to f

Published 07 May, 2013 08:18pm

Markets

C$ firms slightly on positive market sentiment

TORONTO: The Canadian dollar was marginally stronger against its US counterpart on Monday, tracking positive market sent

Published 06 May, 2013 11:30pm

Markets

TSX extends gains as banks, industrials climb

TORONTO: Canada's main stock index climbed for a third straight session on Monday as financial and industrial shares

Published 06 May, 2013 11:28pm

Markets

Cotton futures rise for 3rd straight session on weather worries

NEW YORK: ICE cotton rose on Monday for a third straight session, on buying by investors worried about the supply outloo

Published 06 May, 2013 11:26pm

Markets

Australia dlr loses ground to greenback, RBA looms

WELLINGTON/SYDNEY: The Australian dollars was under pressure on Tuesday as the market remained deeply divided on the cha

Published 06 May, 2013 11:24pm

Business & Finance

Exxon says overhauling L.A. refinery crude unit

HOUSTON: Exxon Mobil Corp said on Monday that the crude distillation unit would be included in a multi-week overhaul of

Published 06 May, 2013 11:21pm

Markets

Euro tripped by ECB, Aussie eyes rate decision

SYDNEY: The euro struggled to gain any momentum in early Asian trade on Tuesday, while the Australian dollar nursed loss

Published 06 May, 2013 11:19pm

Life & Style

Hip hop artist Lauryn Hill gets 3 months in jail for tax evasion

NEWARK: A US judge sentenced Grammy-winning hip hop artist Lauryn Hill to three months in prison, three months in home c

Published 06 May, 2013 11:13pm

World

North Korea missiles moved away from launch site: US officials

WASHINGTON: North Korea has taken two Musudan missiles off launch-ready status and moved them from their position on the

Published 06 May, 2013 11:08pm

World

China's cyber spying targets US government: Pentagon

WASHINGTON: China has engaged in widespread cyber espionage in a bid to extract information about the US government'

Published 06 May, 2013 09:50pm

Business & Finance

Bank of America to pay $1.7bn to MBIA to settle dispute

NEW YORK: Bank of America and insurer MBIA on Monday announced a $1.7 billion settlement deal resolving their dispute ov

Published 06 May, 2013 09:45pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Cotton US¢/pound / Nov 22	70.12
Petrol/Litre / Nov 23	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 23 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 23 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 23 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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