News stories for Asad Naeem - Business Recorder

Asad Naeem

World

Obama taps Representative Watt as US housing regulator

WASHINGTON: US President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financ

Published 01 May, 2013 11:35pm

Top News

Pentagon prepares to ask US Congress for break from ‘sequester’

WASHINGTON: The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spen

Published 01 May, 2013 11:28pm

Markets

Higher beef prices lift US live cattle futures

CHICAGO: Chicago Mercantile Exchange live cattle futures rallied Wednesday as the wholesale beef price, or cutout, moved

Published 01 May, 2013 11:21pm

Markets

Australia shares seen lower on Wall St fall, commodities selloff

SYDNEY: Australian shares are set to fall on Thursday after Wall Street stocks dropped as disappointing earnings reports

Published 01 May, 2013 11:15pm

World

Videogames slow, reverse 'mental decay': study

WASHINGTON: Playing videogames can prevent and even reverse deteriorating brain functions such as memory, reasoning and

Published 01 May, 2013 10:44pm

World

US holds what could be last Green Card lottery

WASHINGTON: Around 100,000 people were chosen from several million Wednesday to get a head-start on a US Green Card, in

Published 01 May, 2013 10:35pm

Top News

Bonds steady as refunding, central banks in focus

NEW YORK: The US Treasury's quarterly refunding statement on Wednesday will be the first in a cluster of highly anti

Published 30 Apr, 2013 10:07pm

Markets

Wheat jumps 2pc on damage concerns as crop tour begins

CHICAGO: US wheat surged 2 percent on Tuesday, with benchmark futures at the Kansas City Board of Trade climbing to the

Published 30 Apr, 2013 10:02pm

Markets

C$ strengthens to 2-1/2-month high as GDP tops forecasts

TORONTO: The Canadian dollar touched its highest level against the US dollar in two and a half months on Tuesday followi

Published 30 Apr, 2013 09:58pm

Business & Finance

Former Goldman programmer fails to win dismissal of code theft case

NEW YORK: A former Goldman Sachs Group Inc computer programmer failed to win the dismissal of charges by Manhattan's

Published 30 Apr, 2013 09:40pm

Markets

Wall St flat as investors seek reasons to extend gains

NEW YORK: US stocks were largely flat on Tuesday as investors found little reason to extend a recent rally that put the

Published 30 Apr, 2013 09:29pm

Markets

Gold falls ahead of central banks' policy meetings

NEW YORK/LONDON: Gold edged lower on Tuesday in volume as investors strong US home prices and consumer confidence data k

Published 30 Apr, 2013 09:27pm

Markets

Oil slides 1 pct on weak economic data from US, Europe

NEW YORK: World oil prices fell more than 1 percent on Tuesday, posting their biggest daily decline in almost two weeks

Published 30 Apr, 2013 09:25pm

Markets

TSX ends more than 1 percent higher as Suncor jumps

TORONTO: Canada's main stock index jumped more than 1 percent on Tuesday, buoyed by gains in almost all main sectors

Published 30 Apr, 2013 09:22pm

Markets

European stocks mixed on weak data

LONDON: European stock markets closed on Tuesday with mixed results as investors balanced mostly gloomy eurozone economi

Published 30 Apr, 2013 09:18pm

Top News

No conflict between growth, fiscal rigour: Merkel

BERLIN: German Chancellor Angela Merkel told Italy's new Prime Minister Enrico Letta on Tuesday that she saw no cont

Published 30 Apr, 2013 09:13pm

World

Syria holds out in chemical weapons inquiry showdown

UNITED NATIONS: The Syrian government on Tuesday maintained a block on giving UN experts unconditional access to investi

Published 30 Apr, 2013 08:39pm

Top News

Apple bond offering among biggest ever

NEW YORK: A bond offering from Apple expected to be priced later today will be one of the largest ever for a US company,

Published 30 Apr, 2013 08:32pm

Top News

Kerry to make 'overdue' first visit to Russia

WASHINGTON: US Secretary of State John Kerry said Tuesday he would visit Russia next week for the first time since takin

Published 30 Apr, 2013 08:30pm

Top News

Slovenia under pressure as Moody's cuts to 'junk'

LJUBLJANA: Slovenia moved a step closer late Tuesday to becoming the next eurozone member to need a bailout after Moody&

Published 30 Apr, 2013 08:28pm

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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