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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-01-25
Middle Eeast markets: optimism lifts Kuwait banks; KFH at 2-year high

Middle Eeast markets: optimism lifts Kuwait banks; KFH at 2-year high

Kuwait Finance House hit a two-year high on Monday as some traders bet the Islamic lender may announce a capital increase priced at a big discount to its current share price and other local banks also advanced. KFH rose 1.6 percent to its highest close si
Published 25 Jan, 2011 12:00am
Singapore, Sydney bourse merger gets funding

Singapore, Sydney bourse merger gets funding

Singapore's stock exchange said Monday it has secured around $3.7 billion in funding from six banks for a proposed merger with Sydney's bourse. SGX said in a statement the funding consisted of term loans of Sg$3.8 billion and Aus$750 million from leading
Published 25 Jan, 2011 12:00am
Chinese and Hong Kong shares fall

Chinese and Hong Kong shares fall

Shares in Shanghai and Hong Kong fell on Monday as investors played safe and pared long positions on fears that Beijing will take more aggressive measures to contain inflation. Banking shares and resource stocks were among the biggest losers in both centr
Published 25 Jan, 2011 12:00am
Miners, drugmakers lift European shares

Miners, drugmakers lift European shares

European shares edged up on Monday, as heavyweight miners rose on strong metals prices and defensive drugmakers and tobacco firms gained on concerns over the impact of rising inflation on growth prospects.
Published 25 Jan, 2011 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks ended flat on Monday, reversing initial gains as electronics shares slipped ahead of earnings results due this week and as previously high-flying construction shares pulled back. The main TAIEX share index ended down 6.6 points at 8,947.79,
Published 25 Jan, 2011 12:00am
Monday's early trade: Nasdaq moves higher, boosted by techs

Monday's early trade: Nasdaq moves higher, boosted by techs

US stocks extended gains, with the Nasdaq composite index up 1 percent, as a buyback plan by Intel focused investors' attention on the large-cap technology sector. The S&P 500 index was also lifted by natural resource shares on bets on global growth. The
Published 25 Jan, 2011 12:00am
Nikkei average rises

Nikkei average rises

Japan's Nikkei average rose on Monday on bargain hunting after a sell-off last week, with investors piling into resource shares and exporters as the mood brightened on hopes for robust earnings news this week. The Nikkei booked its biggest daily fall in t
Published 25 Jan, 2011 12:00am
Indian shares soar

Indian shares soar

Indian shares ended 0.8 percent higher in choppy trading on Monday as investors remained cautious ahead of the central bank's monetary policy review, but financials led the gains on better-than-expected earnings. The expiry of monthly derivative contracts
Published 25 Jan, 2011 12:00am
Seoul shares up

Seoul shares up

Seoul shares edged up on Monday, helped by a bounce in technology issues and crude refiners including LG Display and SK Innovation, but declines in financials weighed. The Korea Composite Stock Price Index finished up 0.59 percent at 2,082.16 points. The
Published 25 Jan, 2011 12:00am
GM's China sales pass US for first time in history

GM's China sales pass US for first time in history

General Motors Co. sold more cars and trucks in China last year than it did in the US, for the first time in the company's 102-year history. Despite GM's growth in China, Toyota Motor Corp. held onto the title of world's largest automaker. The Japanese co
Published 25 Jan, 2011 12:00am
US high court rules for J. P Morgan on credit cards

US high court rules for J. P Morgan on credit cards

The Supreme Court ruled that JPMorgan Chase & Co under an old federal regulation did not have to provide written notice before raising credit card interest rates to account holders who defaulted on a payment. The justices unanimously overturned a ruling b
Published 25 Jan, 2011 12:00am
Chinese banking giant ICBC opens branch in Spain

Chinese banking giant ICBC opens branch in Spain

Chinese bank ICBC, the world's largest by market value, opened its first branch in Spain on Monday as part of an expansion in Europe that has highlighted Beijing's growing global influence. The Industrial and Commercial Bank of China branch in Madrid's ce
Published 25 Jan, 2011 12:00am
Eurozone PMIs indicate rising inflation pressure

Eurozone PMIs indicate rising inflation pressure

Factories in the eurozone reported the strongest monthly price increase on record for raw materials and fuel in January, according to a business survey that again showed German strength propelling the bloc's service sector.
Published 25 Jan, 2011 12:00am
Eurozone industrial orders rises

Eurozone industrial orders rises

Eurozone industrial new orders rose more than expected in November, data showed on Monday, confirming the strength of eurozone recovery in industry but pointing to weakness in demand for consumer goods. The European Union's statistics office, Eurostat, sa
Published 25 Jan, 2011 12:00am
Iraq central bank slams ruling putting it under cabinet

Iraq central bank slams ruling putting it under cabinet

Iraq's central bank warned on Monday that a court ruling placing it under the supervision of the cabinet rather than parliament could expose its international assets to seizure by Iraq's creditors.
Published 25 Jan, 2011 12:00am
Toyota beats GM to end 2010 as biggest automaker

Toyota beats GM to end 2010 as biggest automaker

Toyota said Monday its group sales in 2010 rose, enabling the firm to narrowly retain its title as the world's biggest automaker despite a global safety crisis that damaged its brand image. But analysts warn that after a year that saw the recall of millio
Published 25 Jan, 2011 12:00am
Gilani orders feasibility for all-weather Gilgit airport

Gilani orders feasibility for all-weather Gilgit airport

Prime Minister Yousuf Raza Gilani on Monday directed preparation of a feasibility report for an all weather international airport and an IT university at Gilgit. Gilani had announced up-gradation of the Gilgit airport in September 2009 to cater to larger
Published 25 Jan, 2011 12:00am
Tobaccos, drugs, commodities drive FTSE higher

Tobaccos, drugs, commodities drive FTSE higher

Britain's top share index closed higher on Monday, driven by strong tobacco stocks, drugmakers and commodity issues, though banks fell on concerns about capital constraints. The FTSE 100 ended up 47.60 points, or 0.8 percent, at 5,943.85, bouncing back af
Published 25 Jan, 2011 12:00am
Display centre for women entrepreneurs to be set up soon

Display centre for women entrepreneurs to be set up soon

Federal Minister for Women Development, Firdous Ashiq Awan has said plan has been finalised to establish a sizeable and well-equipped display center exclusively for women entrepreneurs in Lahore to strengthen the role of women for the economic development
Published 25 Jan, 2011 12:00am
Former judges visit LHCBA

Former judges visit LHCBA

Former judges of Lahore High Court, Hafiz Abdul Rehman Ansari, Mian Shahid Iqbal, Shaukat Umar Pirzada, Tariq Javed, Waqar Hasan Mir, and Anwar Bhaur whom the Judicial Commission had refused an extension visited the Lahore High Court Bar Association (LHCB
Published 25 Jan, 2011 12:00am
CDGL privatising solid waste management system

CDGL privatising solid waste management system

Under the directions of Chief Minister Punjab, Mohammad Shahbaz Sharif, City District Government Lahore (CDGL) has launched privatisation process of solid waste management system in the city.
Published 25 Jan, 2011 12:00am
LHC restrains teachers from observing boycott

LHC restrains teachers from observing boycott

The Advocate General Punjab has informed the Lahore High Court (LHC) that neither a single student has been expelled from college nor fee has been increased but teachers are still using students and holding protest demonstrations.
Published 25 Jan, 2011 12:00am
'Nadra Lahore office disposing of complaints expeditiously'

'Nadra Lahore office disposing of complaints expeditiously'

National Database Registration Authority (Nadra) Lahore Region has received 1,069 complaints during last one and half month, out of which 60 percent were disposed on the spot. Similarly, as many as 1,456 complaints were received during 'open katcheries' a
Published 25 Jan, 2011 12:00am
ECP urges political parties to exercise self-restraint

ECP urges political parties to exercise self-restraint

Election Commission of Pakistan (ECP) has requested political parties and candidates to follow provisions of law and exercise self-restraint during by-election of PK-87 Shangla-1 on January 29.
Published 25 Jan, 2011 12:00am
Dual office case: LHC adjourns hearing till January 31

Dual office case: LHC adjourns hearing till January 31

The Lahore High Court (LHC) chief justice Ijaz Ahmed Chaudhry has observed that after 18th amendment head of a ruling political party seems to be more powerful than the Prime Minister. The Chief justice passed these remarks while heading a full bench, whi
Published 25 Jan, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (January 24, 2011) and for Tuesday (January 25, 2011).
Published 25 Jan, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Jan, 2011 12:00am
Suspected tax evasion: raids carried out at top Indian actresses' houses

Suspected tax evasion: raids carried out at top Indian actresses' houses

Indian Income Tax department officials Monday morning carried out raids at the residences and offices of top Bollywood actresses Priyanka Chopra and Katrina Kaif for suspected tax evasion. The raids at around a dozen premises of leading actresses began ar
Published 25 Jan, 2011 12:00am
'826 MW electricity to be added to system by December'

'826 MW electricity to be added to system by December'

Minister for Water and Power Raja Pervez Ashraf on Monday said that 826 MW additional electricity would be added in the system by December this year. Speaking at the "meet the press" here at National Press Club, the minister said that the government has a
Published 25 Jan, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 25 Jan, 2011 12:00am
'826 MW electricity to be added to system by December'

'826 MW electricity to be added to system by December'

Minister for Water and Power Raja Pervez Ashraf on Monday said that 826 MW additional electricity would be added in the system by December this year. Speaking at the "meet the press" here at National Press Club, the minister said that the government has a
Published 25 Jan, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Jan, 2011 12:00am
''826 MW electricity to be added to system by December''

''826 MW electricity to be added to system by December''

Minister for Water and Power Raja Pervez Ashraf on Monday said that 826 MW additional electricity would be added in the system by December this year. Speaking at the "meet the press" here at National Press Club, the minister said that the government has a
Published 25 Jan, 2011 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 25 Jan, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Jan, 2011 12:00am
Secret files expose Palestinian 'offers' to Israel

Secret files expose Palestinian 'offers' to Israel

The Palestinians offered Israel major concessions on east Jerusalem and on the issue of refugees in 2008 peace talks, according to leaked documents angrily dismissed as "distortions" on Monday. Details of the proposals emerged late on Sunday when the Al-J
Published 25 Jan, 2011 12:00am
Secret files expose Palestinian 'offers' to Israel

Secret files expose Palestinian 'offers' to Israel

The Palestinians offered Israel major concessions on east Jerusalem and on the issue of refugees in 2008 peace talks, according to leaked documents angrily dismissed as "distortions" on Monday. Details of the proposals emerged late on Sunday when the Al-J
Published 25 Jan, 2011 12:00am
Qadri appears in anti-terrorism court

Qadri appears in anti-terrorism court

The assassin of Punjab governor Salmaan Taseer, Mumtaz Hussain Qadri appeared in an anti-terrorism court for a pre-trial hearing set for him in Adiyala Jail on Monday. The police report on the case was submitted in the presence of defence lawyers, the jud
Published 25 Jan, 2011 12:00am
Qadri appears in anti-terrorism court

Qadri appears in anti-terrorism court

The assassin of Punjab governor Salmaan Taseer, Mumtaz Hussain Qadri appeared in an anti-terrorism court for a pre-trial hearing set for him in Adiyala Jail on Monday. The police report on the case was submitted in the presence of defence lawyers, the jud
Published 25 Jan, 2011 12:00am
Key Obama aide on Iran sanctions steps down

Key Obama aide on Iran sanctions steps down

President Barack Obama's point person on cracking down on financial flows to Iran resigned on Monday, marking the loss of a key player in the US effort to pressure Tehran over its nuclear program.
Published 25 Jan, 2011 12:00am
THE RUPEE: dollar at Rs 86

THE RUPEE: dollar at Rs 86

As a result of rising demand for dollars by the foreign and local banks, the rupee was forced to surrender its gains against the US currency on the money market on Monday, dealers said.
Published 25 Jan, 2011 12:00am
Key Obama aide on Iran sanctions steps down

Key Obama aide on Iran sanctions steps down

President Barack Obama's point person on cracking down on financial flows to Iran resigned on Monday, marking the loss of a key player in the US effort to pressure Tehran over its nuclear program.
Published 25 Jan, 2011 12:00am
THE RUPEE: dollar at Rs 86

THE RUPEE: dollar at Rs 86

As a result of rising demand for dollars by the foreign and local banks, the rupee was forced to surrender its gains against the US currency on the money market on Monday, dealers said.
Published 25 Jan, 2011 12:00am
PSM corruption: Supreme Court asks FIA to nab real culprits

PSM corruption: Supreme Court asks FIA to nab real culprits

Rejecting Federal Investigation Agency's (FIA) report on the alleged Rs22 billions corruption in Pakistan Steel Mills (PSM), Supreme Court on Monday directed the agency to nab the real culprits behind the scam and submit a report by February 01.
Published 25 Jan, 2011 12:00am
PSM corruption: Supreme Court asks FIA to nab real culprits

PSM corruption: Supreme Court asks FIA to nab real culprits

Rejecting Federal Investigation Agency's (FIA) report on the alleged Rs22 billions corruption in Pakistan Steel Mills (PSM), Supreme Court on Monday directed the agency to nab the real culprits behind the scam and submit a report by February 01.
Published 25 Jan, 2011 12:00am
PSM corruption: Supreme Court asks FIA to nab real culprits

PSM corruption: Supreme Court asks FIA to nab real culprits

Rejecting Federal Investigation Agency''s (FIA) report on the alleged Rs22 billions corruption in Pakistan Steel Mills (PSM), Supreme Court on Monday directed the agency to nab the real culprits behind the scam and submit a report by February 01.
Published 25 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Expert opinion on purchases from companies prior to blacklisting

Expert opinion on purchases from companies prior to blacklisting

It needs clarification that the Federal Board of Revenue (FBR) has the legal authority to tackle the issue of blacklisted companies in cases where registered persons have made purchases from the firms when they were compliant/active taxpayers. Tax experts
Published 25 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Expert opinion on purchases from companies prior to blacklisting

Expert opinion on purchases from companies prior to blacklisting

It needs clarification that the Federal Board of Revenue (FBR) has the legal authority to tackle the issue of blacklisted companies in cases where registered persons have made purchases from the firms when they were compliant/active taxpayers. Tax experts
Published 25 Jan, 2011 12:00am
Expert opinion on purchases from companies prior to blacklisting

Expert opinion on purchases from companies prior to blacklisting

It needs clarification that the Federal Board of Revenue (FBR) has the legal authority to tackle the issue of blacklisted companies in cases where registered persons have made purchases from the firms when they were compliant/active taxpayers. Tax experts
Published 25 Jan, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Indian government won't let BJP raise flag in IHK

Indian government won't let BJP raise flag in IHK

The Indian government foiled a nationalist party's plan Monday to commemorate a holiday by raising the country's flag in the heart of held Kashmir. Leaders from the Hindu nationalist Bharatiya Janata Party, which is in the opposition in the national parli
Published 25 Jan, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Indian government won't let BJP raise flag in IHK

Indian government won't let BJP raise flag in IHK

The Indian government foiled a nationalist party's plan Monday to commemorate a holiday by raising the country's flag in the heart of held Kashmir. Leaders from the Hindu nationalist Bharatiya Janata Party, which is in the opposition in the national parli
Published 25 Jan, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Girls school blown up in Landi Kotal

Girls school blown up in Landi Kotal

Unident-ified militants in wee hours of Monday blew up government girls' primary school here while no loss of life was reported. Officials said militants planted an IED to outer wall of the school at Khogakhel village and blew up with remote control devic
Published 25 Jan, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Punjab be handed over to Army: Altaf

Punjab be handed over to Army: Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has demanded to hand over Punjab province to the Army as law and order situation is getting worse by every passing day, which has made people's life miserable in the province, a private TV channel reporte
Published 25 Jan, 2011 12:00am
MQM's demand termed 'political joke'

MQM's demand termed 'political joke'

The spoke-sman Pakistan Muslim League-Nawaz Ahsan Iqbal on Monday termed the MQM proposal to hand over Punjab province into Army control as political joke. Reacting to the MQM criticism on PML-N, he said the number of people killed in Karachi has outnumbe
Published 25 Jan, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
'766,187 Afghans registered so far in KPK'

'766,187 Afghans registered so far in KPK'

As the February 28 deadline for registration of Afghan refugees gets closer, a total of 766,187 Afghans have been registered so far in Khyber Pakhtunkhwa (KPK) and the rest 314,000 would be registered before time.
Published 25 Jan, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Weekly inflation witnesses nominal decrease

Weekly inflation witnesses nominal decrease

The Sensitive Price Indicator (SPI), for the week ended on January 20, for the lowest income group up to Rs 3, 000, has registered nominal decrease of 0.32 percent over the previous week.
Published 25 Jan, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
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