News Archives for Print - 2012-04-01

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Fiji floods leave hundreds of tourists stranded

Hundreds of tourists were stranded in Fiji on Saturday after the South Pacific nation was hit by flash floods which closed the main highway to the international airport. Two people were killed in the floods, which felled trees, sparked landslides, and for

Published 01 Apr, 2012 12:00am

Latin America backs Argentina over Falklands

Thirty years after the Falklands War, Latin America is closing ranks behind Argentina's sovereignty claim over the disputed islands and reviving a bid for control in the resource-rich South Atlantic. All countries of the region back Buenos Aires in its bi

Published 01 Apr, 2012 12:00am

Mali rebels launch assault on key northern town

Heavily armed Malian rebels in pick-up trucks attacked the northern garrison town of Gao on Saturday, capitalising on the chaos after last week's military coup to make further gains. The assault came a day after rebels - a loose alliance of separatist nom

Published 01 Apr, 2012 12:00am

US seeks life sentence for Russian arms dealer

US prosecutors have asked a federal judge to sentence convicted Russian arms dealer Viktor Bout to life in prison to deter others who might broker weapons for militant groups, according to a court filing on Friday. Bout, a 45-year-old former Soviet air fo

Published 01 Apr, 2012 12:00am

Major quake impact on Tokyo could be worse than thought

The impact on Tokyo from a major quake could be much more devastating than the government has predicted, a new study shows. The study by the Ministry of Education, Culture, Sports, Science and Technology comes just over a year after one of the biggest tre

Published 01 Apr, 2012 12:00am

New York police accused of 'uncivilised' arrest of diplomat

A senior Caribbean diplomat has accused the New York City Police Department of "flagrant violation" of the rules of diplomatic immunity and privileges by aggressively arresting the ambassador of St. Vincent and the Grenadines. The New York police countere

Published 01 Apr, 2012 12:00am

Kreos Capital to invest more in small UK firms

Kreos Capital, a venture capital firm which has backed the likes of LoveFilm.com and pay-day loan company Wonga, aims to increase its new fund from 130 million to 200 million euros ($266 million) to help finance small UK companies looking to grow.

Published 01 Apr, 2012 12:00am

IMF tells Malawi to cut spending, devalue currency

The International Monetary Fund (IMF) said on Saturday that Malawi, which has seen donor aid dry up and revenue shrink, should cut spending and reiterated its call for the devaluation of the kwacha currency. A mission from the fund has been taking stock o

Published 01 Apr, 2012 12:00am

Ireland says EU treaty rejection would damage investment

Countries keen on investing in Ireland and aiding its economic recovery would quickly lose interest if voters rejected a referendum on the European Union's new fiscal treaty, finance minister Michael Noonan warned on Saturday. Ireland will hold what will

Published 01 Apr, 2012 12:00am

DBS to buy Temasek stake in Indonesia's Danamon

Singapore's biggest bank DBS has made the country's state investor Temasek an offer for its $3.2 billion majority stake in Indonesia's Bank Danamon, sources said on Friday, setting up Indonesia's biggest bank takeover. The acquisition would also be the fi

Published 01 Apr, 2012 12:00am

Monti seeks Chinese investment, says reforms working

Prime Minister Mario Monti urged China on Saturday to step up investment in Italy and tried to reassure Beijing that the eurozone debt crisis was close to resolution and tough economic reforms passed by his government were working. Speaking after meetings

Published 01 Apr, 2012 12:00am

Hong Kong lawmakers agree to $7.3 billion for rail scheme

Hong Kong lawmakers have given preliminary approval to provide 57.3 billion Hong Kong dollars (7.35 billion US dollars) to finance the construction of a 17-kilometre rail line, a media report said Saturday. The cash was approved despite complaints by some

Published 01 Apr, 2012 12:00am

In Italy, employers say they earn less than employees

In a country hard-hit by a deep economic crisis, Italian employers appear to have suffered more than those working for them - if annual tax declarations are taken at face value. Data released from the Treasury this week show that in 2010, a year of transi

Published 01 Apr, 2012 12:00am

Europe attracts money funds, but France on short leash

The top 10 US money market fund managers put money to work in short-term French and German government agency debt in February, part of a bigger move into core Europe that is likely to endure in coming months, say investors and analysts. Germany saw an inf

Published 01 Apr, 2012 12:00am

German wage deal agreed, averts public-sector strike

Two million German public-sector workers will get a pay rise of 6.3 percent over a 24-month period, according to a government official leading the talks, ending a labour dispute that has disrupted services across Germany. The deal ends the threat of a bro

Published 01 Apr, 2012 12:00am

Irish marchers protest against new property tax

Some 5,000 people marched through the Irish capital on Saturday protesting against a new 100-euro household tax the government is struggling to collect - one of the first signs of resistance to Dublin's austerity drive. Carrying anti-austerity placards, t

Published 01 Apr, 2012 12:00am

Myanmar launches new currency system

Myanmar will launch a new currency regime on Monday that will bring in a managed float of the kyat, a senior banker said, outlining the boldest economic reform yet as a civilian government opens up the country after years of isolation. The Central Bank of

Published 01 Apr, 2012 12:00am

Uruguay wants to barter rice for oil with Iran

Uruguay will ask Iran if the South American country can export rice in exchange for oil, the government said on Friday. Iran used to be a major destination for Uruguayan rice but the impact of US and EU sanctions, aimed at curbing Tehran's nuclear ambitio

Published 01 Apr, 2012 12:00am

Greece on track to weather debt crisis: Merkel

Greece has a chance to weather its crisis after the eurozone and private creditors agreed to restructure its debt, but has "a long way to go," German Chancellor Angela Merkel told a Czech daily Saturday. "Greece has a chance now it still has a long way to

Published 01 Apr, 2012 12:00am

State regulator closes Michigan bank

A state regulator on Friday closed one bank in Michigan, bringing the total number of bank failures this year to 16. The Federal Deposit Insurance Corporation, which was appointed receiver, said Fidelity Bank of Dearborn, Michigan, was closed on Friday. T

Published 01 Apr, 2012 12:00am

US, EU blast Argentina's trade restrictions at WTO

Argentina came under a barrage of criticism at the World Trade Organisation on Friday, where the United States, European Union, Japan and 10 other countries accused it of tying up imports in red tape. Argentina's center-left government has imposed a raft

Published 01 Apr, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 119,715 tonnes of cargo including 80,356 tonnes of import, 39,359 tonnes of export cargo and 6,236 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Saturday. The total impor

Published 01 Apr, 2012 12:00am

Canadian canola futures soar high on soya rally

Canadian canola futures jumped more than 3 percent on Friday to the highest level since July 2008, supported by a soyabean futures rally triggered by a surprisingly low soya seeding forecast by the US government, traders said. The US Department of Agricul

Published 01 Apr, 2012 12:00am

Coceral sees two percent fall in 2012

Soft wheat production in the European Union is expected to fall by about 2 percent this year to 126.76 million tonnes, EU grain lobby Coceral said on Friday in its first forecast for this year's harvest. Maize and oilseed output in the 27-nation bloc is a

Published 01 Apr, 2012 12:00am

No business on grain market

No activity was seen on the wholesale grain and oilseeds market on Saturday as all most all traders kept themselves inside the houses to mourn the deaths of political workers.

Published 01 Apr, 2012 12:00am

FOB Gulf grain premiums ease

US corn and soyabean export premiums at the Gulf Coast were lower on Friday, weighed down by a weaker CIF barge basis and a sharp spike in futures that kept potential importers on the sidelines, traders said. Wheat export premiums at the US Gulf were most

Published 01 Apr, 2012 12:00am

US corn futures jump 6.6 percent high

Chicago Board of Trade corn futures surged on Friday, with old-crop contracts posting a limit-up move due to a US Agriculture Department report that showed domestic supplies were tighter than expected. New-crop corn contracts also rose, but their gains we

Published 01 Apr, 2012 12:00am

EU wheat futures rise on USDA report

European wheat futures rose more than 2 percent on Friday after the US Department of Agriculture reported estimates of stocks and planting areas that came below expectations. By 1600 GMT Paris-based milling wheat futures May was 2.53 percent higher at 212

Published 01 Apr, 2012 12:00am

Brazil commodity exporters under friendly-fire in 'currency war'

In its latest bid to slow dollar inflows in a "global currency war," Brazil has dealt an unexpected blow to its own commodity exporters, choking off medium-term trade financing at a vulnerable time for the sector. Brazil - a source of much of the world's

Published 01 Apr, 2012 12:00am

US Midwest corn, soya bids hold in thin trading

Spot basis bids for corn and soyabeans were steady to narrowly mixed around the US Midwest on Friday as futures soared, spurring light farmer sales of each commodity, dealers said. Trading of both crops was relatively thin even as corn futures rose by the

Published 01 Apr, 2012 12:00am

US wheat futures rally on report

US wheat futures rallied on Friday, with the benchmark Chicago Board of Trade May soft red winter contract rising 7.8 percent, due to bullish supply and planting reports from the US Agriculture Department, traders said. The rally pushed CBOT May wheat thr

Published 01 Apr, 2012 12:00am

No activity seen on city markets, cotton prices remain unchanged

No trading activity was witnessed on the city markets including cotton market on Saturday, today was the second inactive session in a week, dealers said on phone. Official spot rate by the Karachi Cotton Association (KCA) was unchanged at Rs 5300, they ad

Published 01 Apr, 2012 12:00am

Argentinean soya exports seen fuelled

Chinese demand for Argentine soya-based animal feed will stay strong as the Asian country's budding love affair with beef steak triumphs over its own slowing economy, an Argentine official said on Friday. Argentina is the world's No 1 exporter of soyameal

Published 01 Apr, 2012 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 01 Apr, 2012 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 01 Apr, 2012 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

Unlawful input tax adjustments: errors in generating ST data chief reason, FBR informed

The Federal Board of Revenue has discovered an astonishing fact that unlawful input tax adjustments are not due to any illegality, but were due to errors in generating sales tax data by the department. Sources told Business Recorder here on Saturda

Published 01 Apr, 2012 12:00am

PML-N for revisiting foreign policy

Pakistan Muslim League-Nawaz Secretary Information Senator Mushahidullah Khan has said that the PPP-led government will have to revisit the country's foreign policy otherwise PML-N will not support the proposed resolution on foreign policy.

Published 01 Apr, 2012 12:00am

Three RPPs likely to file review petitions

Three Rental Power Plants (RPPs) which have been declared illegal by the Supreme Court are expected to file review petitions anytime soon. On Friday, the SC declared rental power contracts non-transparent and directed the authorities to rescind these cont

Published 01 Apr, 2012 12:00am

Three RPPs likely to file review petitions

Three Rental Power Plants (RPPs) which have been declared illegal by the Supreme Court are expected to file review petitions anytime soon. On Friday, the SC declared rental power contracts non-transparent and directed the authorities to rescind these cont

Published 01 Apr, 2012 12:00am

Three RPPs likely to file review petitions

Three Rental Power Plants (RPPs) which have been declared illegal by the Supreme Court are expected to file review petitions anytime soon. On Friday, the SC declared rental power contracts non-transparent and directed the authorities to rescind these cont

Published 01 Apr, 2012 12:00am

5.3 quake jolts northern Pakistan

A moderate intensity earthquake of magnitude 5.3 on richter scale hit Pakistan's northern areas on Saturday. The tremors were felt in country's northern parts including capital Swat, Lower Dir, Mansehra, Abbotabad and surrounding areas, met office said. H

Published 01 Apr, 2012 12:00am

5.3 quake jolts northern Pakistan

A moderate intensity earthquake of magnitude 5.3 on richter scale hit Pakistan's northern areas on Saturday. The tremors were felt in country's northern parts including capital Swat, Lower Dir, Mansehra, Abbotabad and surrounding areas, met office said. H

Published 01 Apr, 2012 12:00am

Sydney turns off as Earth Hour kicks in

Australia's Sydney Harbour Bridge and Opera House were plunged into darkness on Saturday for the annual Earth Hour campaign, leading a global effort to raise awareness about climate change. In a twist to this year's Earth Hour, Dutch astronaut Andre Kuipe

Published 01 Apr, 2012 12:00am

Sydney turns off as Earth Hour kicks in

Australia's Sydney Harbour Bridge and Opera House were plunged into darkness on Saturday for the annual Earth Hour campaign, leading a global effort to raise awareness about climate change. In a twist to this year's Earth Hour, Dutch astronaut Andre Kuipe

Published 01 Apr, 2012 12:00am

LPG price decreased by Rs 18 per kilo

Liquefied Petroleum Gas LPG price was decreased by Rs 18 per kilo, 11.8kg cylinder by Rs 212 and 45.5kg cylinder by Rs 835 Patron-in- chief All Pakistan LPG Distributors Association (APLDA) Abdul Hadi Khan said Saturday adding LPG international price come

Published 01 Apr, 2012 12:00am

LPG price decreased by Rs 18 per kilo

Liquefied Petroleum Gas LPG price was decreased by Rs 18 per kilo, 11.8kg cylinder by Rs 212 and 45.5kg cylinder by Rs 835 Patron-in- chief All Pakistan LPG Distributors Association (APLDA) Abdul Hadi Khan said Saturday adding LPG international price come

Published 01 Apr, 2012 12:00am

LPG price decreased by Rs 18 per kilo

Liquefied Petroleum Gas LPG price was decreased by Rs 18 per kilo, 11.8kg cylinder by Rs 212 and 45.5kg cylinder by Rs 835 Patron-in- chief All Pakistan LPG Distributors Association (APLDA) Abdul Hadi Khan said Saturday adding LPG international price come

Published 01 Apr, 2012 12:00am

Obama calls for higher tax rates for rich Americans

US President Barack Obama called Saturday for higher tax rates on wealthy Americans, saying the current system of tax breaks for top income earners was unfair. "Today, the wealthiest Americans are paying taxes at one of the lowest rates in 50 years," the

Published 01 Apr, 2012 12:00am

Obama calls for higher tax rates for rich Americans

US President Barack Obama called Saturday for higher tax rates on wealthy Americans, saying the current system of tax breaks for top income earners was unfair. "Today, the wealthiest Americans are paying taxes at one of the lowest rates in 50 years," the

Published 01 Apr, 2012 12:00am

Obama calls for higher tax rates for rich Americans

US President Barack Obama called Saturday for higher tax rates on wealthy Americans, saying the current system of tax breaks for top income earners was unfair. "Today, the wealthiest Americans are paying taxes at one of the lowest rates in 50 years," the

Published 01 Apr, 2012 12:00am

Perishable agro-based cargo: BOML seeks extension in facility

Model Customs Collectorate (MCC) Appraisement, Karachi, has informed the Federal Board of Revenue that a company operating Off-Dock Container Freight Station at Karachi has sought extension in the facility for handling and export of perishable agro-based

Published 01 Apr, 2012 12:00am

Perishable agro-based cargo: BOML seeks extension in facility

Model Customs Collectorate (MCC) Appraisement, Karachi, has informed the Federal Board of Revenue that a company operating Off-Dock Container Freight Station at Karachi has sought extension in the facility for handling and export of perishable agro-based

Published 01 Apr, 2012 12:00am

Perishable agro-based cargo: BOML seeks extension in facility

Model Customs Collectorate (MCC) Appraisement, Karachi, has informed the Federal Board of Revenue that a company operating Off-Dock Container Freight Station at Karachi has sought extension in the facility for handling and export of perishable agro-based

Published 01 Apr, 2012 12:00am

American rights body takes first Guantanamo case

An inter-American rights body admitted for review Friday the case of a man held at Guantanamo Bay for over 10 years, the first time it accepted jurisdiction over the US naval base in Cuba. Djamel Ameziane's co-counsel at the Center for Constitutional Righ

Published 01 Apr, 2012 12:00am

American rights body takes first Guantanamo case

An inter-American rights body admitted for review Friday the case of a man held at Guantanamo Bay for over 10 years, the first time it accepted jurisdiction over the US naval base in Cuba. Djamel Ameziane's co-counsel at the Center for Constitutional Righ

Published 01 Apr, 2012 12:00am

PSDP suffers massive cuts

The government massively slashed development expenditures to reduce its rising unplanned budget deficits, however, each year the gap between the budgeted deficit and the actual has widened. As a consequence, Public Sector Development Programme (PSDP) util

Published 01 Apr, 2012 12:00am

PSDP suffers massive cuts

The government massively slashed development expenditures to reduce its rising unplanned budget deficits, however, each year the gap between the budgeted deficit and the actual has widened. As a consequence, Public Sector Development Programme (PSDP) util

Published 01 Apr, 2012 12:00am

PSDP suffers massive cuts

The government massively slashed development expenditures to reduce its rising unplanned budget deficits, however, each year the gap between the budgeted deficit and the actual has widened. As a consequence, Public Sector Development Programme (PSDP) util

Published 01 Apr, 2012 12:00am

Bangladesh teachers arrested over 'blasphemous' drama

Police in Bangladesh said Saturday they had arrested two school teachers on suspicion of staging a drama containing blasphemous remarks about the Prophet Mohammed (PBUH). The school's Muslim headmaster and a female Hindu teacher were detained on Friday as

Published 01 Apr, 2012 12:00am

Bangladesh teachers arrested over 'blasphemous' drama

Police in Bangladesh said Saturday they had arrested two school teachers on suspicion of staging a drama containing blasphemous remarks about the Prophet Mohammed (PBUH). The school's Muslim headmaster and a female Hindu teacher were detained on Friday as

Published 01 Apr, 2012 12:00am

Weekly inflation surges by 9.49 percent

Weekly inflation surged by 9.49 percent on March 29, over the same period of last week on the back of continuous increase in prices of essential commodities- vegetable, fruits, cooking oil ghee and chicken etc. The official figures of weekly inflation, Co

Published 01 Apr, 2012 12:00am

Weekly inflation surges by 9.49 percent

Weekly inflation surged by 9.49 percent on March 29, over the same period of last week on the back of continuous increase in prices of essential commodities- vegetable, fruits, cooking oil ghee and chicken etc. The official figures of weekly inflation, Co

Published 01 Apr, 2012 12:00am

Weekly inflation surges by 9.49 percent

Weekly inflation surged by 9.49 percent on March 29, over the same period of last week on the back of continuous increase in prices of essential commodities- vegetable, fruits, cooking oil ghee and chicken etc. The official figures of weekly inflation, Co

Published 01 Apr, 2012 12:00am

EU wants G20 to boost IMF funds after Eurogroup move

The European Union expects leaders of the world's 20 biggest economies (G20) to agree to contribute more money to the IMF in April after Europe expanded its own bailout capacity, EU officials said on Saturday. The International Monetary Fund is seeking to

Published 01 Apr, 2012 12:00am

BoP scam: meeting on plea bargain offer remains inconclusive

A meeting of National Accountability Bureau''s legal team and consultants with the counsel for Haris Steel Mills for a plea bargain offer in the Bank of Punjab multi-billion scam case remained inconclusive. Ahmed Awais, the counsel for the owner of Haris

Published 01 Apr, 2012 12:00am

Stand-off over: PCNS recommendations continues

A stand-off between the treasury and opposition members of Parliamentary Committee on National Security (PCNS) over recommendations in relation to Nato supply route and new terms of engagements with United States (US) continued on Saturday, it is learnt.

Published 01 Apr, 2012 12:00am

Stand-off over: PCNS recommendations continues

A stand-off between the treasury and opposition members of Parliamentary Committee on National Security (PCNS) over recommendations in relation to Nato supply route and new terms of engagements with United States (US) continued on Saturday, it is learnt.

Published 01 Apr, 2012 12:00am

Pakistan most viable route

Pakistan is the most viable route both on land and air for United States to supply military equipment and food items to Nato/ISAF forces stationed in Afghanistan. Nato containers use the N-5 National Highway from Karachi to Torkham and N-25 from Karachi t

Published 01 Apr, 2012 12:00am

Pakistan most viable route

Pakistan is the most viable route both on land and air for United States to supply military equipment and food items to Nato/ISAF forces stationed in Afghanistan. Nato containers use the N-5 National Highway from Karachi to Torkham and N-25 from Karachi t

Published 01 Apr, 2012 12:00am

FoDP pledges: US ambassador holds talks with EU envoys

US ambassador Cameron Munter held an important meeting with the ambassadors of member countries of the European Union to review the status of pledges which were made at Tokyo Friends of Democratic Pakistan (FoDP) conference, held in April 2009.

Published 01 Apr, 2012 12:00am

FoDP pledges: US ambassador holds talks with EU envoys

US ambassador Cameron Munter held an important meeting with the ambassadors of member countries of the European Union to review the status of pledges which were made at Tokyo Friends of Democratic Pakistan (FoDP) conference, held in April 2009.

Published 01 Apr, 2012 12:00am

Haqqani, Yaseen asked to appear before commission on April 5

The judicial commission investigating Memogate scandal Saturday summoned former US Ambassador Hussain Haqqani and Chairman Jammu and Kashmir Liberation Front (JKLF) Yaseen Malik to appear before it on April 05. Yaseen Malik has been called for cross-exami

Published 01 Apr, 2012 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 31, 2012).

Published 01 Apr, 2012 12:00am

The Weather

The weather report on Saturday (March 31, 2012) and the forecast for Sunday (April 01, 2012).

Published 01 Apr, 2012 12:00am

Haqqani, Yaseen asked to appear before commission on April 5

The judicial commission investigating Memogate scandal Saturday summoned former US Ambassador Hussain Haqqani and Chairman Jammu and Kashmir Liberation Front (JKLF) Yaseen Malik to appear before it on April 05. Yaseen Malik has been called for cross-exami

Published 01 Apr, 2012 12:00am

Iranian oil import: China rejects Obama's sanctions

China rejected President Barack Obama's decision to move forward with plans for sanctions on countries buying oil from Iran, saying Saturday that Washington had no right to unilaterally punish other nations. South Korean officials said they will continue

Published 01 Apr, 2012 12:00am

BoP scam: meeting on plea bargain offer remains inconclusive

A meeting of National Accountability Bureau's legal team and consultants with the counsel for Haris Steel Mills for a plea bargain offer in the Bank of Punjab multi-billion scam case remained inconclusive. Ahmed Awais, the counsel for the owner of Haris S

Published 01 Apr, 2012 12:00am

BoP scam: meeting on plea bargain offer remains inconclusive

A meeting of National Accountability Bureau's legal team and consultants with the counsel for Haris Steel Mills for a plea bargain offer in the Bank of Punjab multi-billion scam case remained inconclusive. Ahmed Awais, the counsel for the owner of Haris S

Published 01 Apr, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
Dow Jones / Apr 16	39,669.39
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47
FTSE 100 / Apr 17	8,207.23
Germany DAX 30 / Apr 17	21,240.89
France CAC40 / Apr 17	7,290.96

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Petrol/Litre / Apr 17	254.63
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Diesel/Litre / Apr 17	258.64
Cotton US¢/pound / Apr 17	66.66

Stock	Price
Escorts Bank / Apr 17 Escorts Investment Bank Limited(ESBL)	7 ▲ 0.92 (15.13%)
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
UDL International / Apr 17 UDL International Limited(UDLI)	8.52 ▲ 1 (13.3%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
United Brands / Apr 17 United Brands Limited(UBDL)	23.18 ▲ 2.11 (10.01%)
Sunrays Textile / Apr 17 Sunrays Textile Mills Limited(SUTM)	93.50 ▲ 8.5 (10%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
At-Tahur Ltd. / Apr 17 At-Tahur Limited(PREMA)	58.09 ▲ 5.28 (10%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.11 ▼ -0.27 (-19.57%)
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.50 ▼ -0.44 (-11.17%)
Fateh Ind. / Apr 17 Fateh Industries Limited(FIL)	119.55 ▼ -13.28 (-10%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
TPL Life Insur. / Apr 17 TPL Life Insurance Limited(TPLL)	49.40 ▼ -5.41 (-9.87%)
Apna Microfin. / Apr 17 Apna Microfinance Bank Limited(AMBL)	10.17 ▼ -1.11 (-9.84%)
Mughal Energy / Apr 17 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
Aisha Steel(ConPS) / Apr 17 Aisha Steel(ConPS)(ASLPS)	15.12 ▼ -1.5 (-9.03%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.44 ▼ -4.78 (-8.82%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	331.04 ▼ -28.97 (-8.05%)

Stock	Volume
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	21,616,042 ▲ 0.17
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	16,444,245 ▲ 2.64
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	15,673,969 ▲ 0.02
National Bank / Apr 17 National Bank of Pakistan(NBP)	15,009,032 ▲ 4.62
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	13,485,986 ▲ 0.93
Pace (Pak) Ltd. / Apr 17 Pace (Pakistan) Limited(PACE)	11,833,352 ▲ 0.22
United BankXD / Apr 17 United Bank Limited(UBL)	10,720,929 ▲ 11.82
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	10,461,082 ▲ 0
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	9,812,273 ▲ 0.12
Pak Elektron / Apr 17 Pak Elektron Limited(PAEL)	8,466,843 ▲ 0.43

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