News stories for Asad Naeem - Business Recorder

Asad Naeem

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Senate approves Hagel as new US secretary of defense

WASHINGTON: The US Senate on Tuesday confirmed Chuck Hagel as President Barack Obama's new secretary of defense, endin

Published 26 Feb, 2013 11:06pm

Markets

Yen holds gains as euro suffers on Italy uncertainty

SYDNEY: The yen held near one-month highs on Wednesday, remaining susceptible to bursts of short-covering as political

Published 26 Feb, 2013 11:05pm

Markets

Australia shares seen opening higher on Bernanke comments

SYDNEY: Australian shares are set to start higher on Wednesday, after Wall Street rose as Federal Reserve Chairman Ben

Published 26 Feb, 2013 10:59pm

Business & Finance

Telefonica Deutschland to shake up mobile offers

BARCELONA: Telefonica Deutschland will shake up its mobile offering to respond to increasing competition and an unexpe

Published 26 Feb, 2013 10:55pm

Markets

Soymeal down more on bumper soybean crop

ROTTERDAM: Soymeal on the European meals and feeds market eased further on Tuesday in step with Chicago on prospects f

Published 26 Feb, 2013 10:51pm

Life & Style

Seth MacFarlane says 'no way' he would host Oscars again.

LOS ANGELES: Comedian Seth MacFarlane said on Tuesday that he would not host the star-studded Academy Awards ceremony

Published 26 Feb, 2013 10:47pm

Markets

Palm oil down with outside markets

ROTTERDAM: Asking prices for palm oil on the European vegetable oil market continued lower on Tuesday on follow-throu

Published 26 Feb, 2013 10:44pm

Markets

Gold up for a 4th day on Bernanke's stimulus remarks

NEW YORK: Gold rose for a fourth straight session on Tuesday and was on track for its biggest one-day gain in nearly 4

Published 26 Feb, 2013 10:39pm

Business & Finance

GM says did not request 2013 pay bump for CEO Akerson

DETROIT: General Motors Co denied that it asked US officials to allow for a pay increase of more than 20 percent for i

Published 26 Feb, 2013 10:38pm

Markets

Euro zone stocks at 3-month lows on Italian vote stalemate

LONDON: Euro zone shares sank to three-month lows on Tuesday after an Italian election stalemate renewed concerns abou

Published 26 Feb, 2013 10:36pm

Markets

Corn firms on tech buying, South American harvest pressures soy

CHICAGO: US corn futures rose 1 percent on Tuesday, pushing through the key $7-a-bushel level and on track for their b

Published 26 Feb, 2013 10:28pm

Top News

Clinton aide returns to Morgan Stanley

WASHINGTON: US investment bank Morgan Stanley has rehired Tom Nides to a senior position after he served as deputy to

Published 26 Feb, 2013 10:28pm

Top News

Anzhi take Bosnia's Spahic on loan from Sevilla

MADRID: Russian side Anzhi Makhachkala have a preliminary agreement to take Emir Spahic on loan from Sevilla until the

Published 26 Feb, 2013 10:19pm

Sports

Windies sweep Zimbabwe series with 3rd ODI win

ST GEORGE'S: West Indies swept their one-day international series against Zimbabwe 3-0 on Tuesday after making compara

Published 26 Feb, 2013 10:18pm

Life & Style

Bowie is back to best on new album, critics say

LONDON: David Bowie's first album of new music in a decade sees the influential musician back to his best, critics sai

Published 26 Feb, 2013 10:18pm

Markets

Nikkei set to fall sharply as Italy election spooks investors

TOKYO: Japan's Nikkei share average is set to fall sharply on Tuesday, retreating from a 53-month high marked the prev

Published 26 Feb, 2013 12:04am

Markets

Seoul shares seen lower for second day on Italian election woes

SEOUL: Seoul shares are likely to fall for a second day on Tuesday, as voter projections pointed to a deadlock in Ital

Published 25 Feb, 2013 11:58pm

Markets

Australia's QBE profit hit by high claims, cuts dividend

SYDNEY: QBE Insurance, Australia's biggest insurer, posted a lower-than-expected 8 percent rise in full-year net profi

Published 25 Feb, 2013 11:51pm

Markets

Asia shares set to slump on Italy election; yen bounces

TOKYO: Asian shares will likely take their lead from overnight plunges in global equities while currency markets remai

Published 25 Feb, 2013 11:47pm

Top News

Hungary does not need more budget cuts: PM Orban

BUDAPEST: Hungary will not need to make additional budget cuts despite an EU projection that the country will run an a

Published 25 Feb, 2013 11:40pm

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 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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