News Archives for Print - 2012-06-06

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 06 Jun, 2012 12:00am

''Mini budgets'' on the cards

The Federal Cabinet has reportedly approved ''mini budgets'' to be introduced in the months to come under the rubric of additional revenue and administrative measures, reveal official documents exclusively made available to Business Recorder.

Published 06 Jun, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

'Mini budgets' on the cards

The Federal Cabinet has reportedly approved 'mini budgets' to be introduced in the months to come under the rubric of additional revenue and administrative measures, reveal official documents exclusively made available to Business Recorder.

Published 06 Jun, 2012 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

'Mini budgets' on the cards

The Federal Cabinet has reportedly approved 'mini budgets' to be introduced in the months to come under the rubric of additional revenue and administrative measures, reveal official documents exclusively made available to Business Recorder.

Published 06 Jun, 2012 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

FED on cigarettes: nominal increase irks WHO

World Health Organisation (WHO) has expressed serious concern over nominal increase in the federal excise duty (FED) on cigarettes and withdrawal of excise duty on cigarette rods with no restoration of the supervised clearance system at the multinational

Published 06 Jun, 2012 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

FED on cigarettes: nominal increase irks WHO

World Health Organisation (WHO) has expressed serious concern over nominal increase in the federal excise duty (FED) on cigarettes and withdrawal of excise duty on cigarette rods with no restoration of the supervised clearance system at the multinational

Published 06 Jun, 2012 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

FED on cigarettes: nominal increase irks WHO

World Health Organisation (WHO) has expressed serious concern over nominal increase in the federal excise duty (FED) on cigarettes and withdrawal of excise duty on cigarette rods with no restoration of the supervised clearance system at the multinational

Published 06 Jun, 2012 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

CGT levy on sale of property: law ministry endorses FBR steps

Ministry of Law and Justice here on Tuesday legally endorsed the Federal Board of Revenue''s measures to impose capital gains tax (CGT) on sale of property, confirming that the federal government has the authority to collect gains on the sale of immovable

Published 06 Jun, 2012 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

CGT levy on sale of property: law ministry endorses FBR steps

Ministry of Law and Justice here on Tuesday legally endorsed the Federal Board of Revenue's measures to impose capital gains tax (CGT) on sale of property, confirming that the federal government has the authority to collect gains on the sale of immovable

Published 06 Jun, 2012 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

CGT levy on sale of property: law ministry endorses FBR steps

Ministry of Law and Justice here on Tuesday legally endorsed the Federal Board of Revenue's measures to impose capital gains tax (CGT) on sale of property, confirming that the federal government has the authority to collect gains on the sale of immovable

Published 06 Jun, 2012 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

US wants 'more active' India in Afghanistan

US Defence Secretary Leon Panetta encouraged India to play a "more active role" in Afghanistan during talks Tuesday in New Delhi, US officials said. Washington has previously worried about India antagonising its arch-foe Pakistan and preferred New Delhi r

Published 06 Jun, 2012 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

US wants 'more active' India in Afghanistan

US Defence Secretary Leon Panetta encouraged India to play a "more active role" in Afghanistan during talks Tuesday in New Delhi, US officials said. Washington has previously worried about India antagonising its arch-foe Pakistan and preferred New Delhi r

Published 06 Jun, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 06 Jun, 2012 12:00am

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Tuesday (June 05, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for

Published 06 Jun, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (June 05, 2012).

Published 06 Jun, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 06 Jun, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 06 Jun, 2012 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Jun, 2012 12:00am

Ivory Coast cocoa prices fall on weak export demand

Cocoa farmgate prices in Ivory Coast's principal growing regions declined last week as falling prices on the futures market sapped export demand, farmers and buyers said on Tuesday. Mid-crop harvesting in the world's top cocoa producer is beginning to pic

Published 06 Jun, 2012 12:00am

Oil World sees US soya exports up 40 percent in 2012-13

US soyabean exports will increase by nearly 40 percent from September 2012 to February 2013 to compensate for the shortfall in the South American crop which has been hit by drought, German-based analyst Oil World said on Tuesday. "Insufficient South Ameri

Published 06 Jun, 2012 12:00am

HRW wheat bids steady to firm

Spot basis bids for hard red winter wheat were steady to firm in the US Plains on Tuesday, supported by demand from elevators and a lack of farmer selling, dealers said. Combines were starting to roll again after a wet weekend slowed the harvest.

Published 06 Jun, 2012 12:00am

Bangladesh tea prices up on strong demand

Tea prices in Bangladesh rose for a third straight week on Tuesday at a weekly auction on strong demand from buyers in spite of higher volumes on offer, brokers said. The average price of Bangladeshi tea was 215.05 taka ($2.6) a kg against 202.77 taka per

Published 06 Jun, 2012 12:00am

Vietnam's June coffee exports to fall, prices ease

Vietnam's coffee exports this month could fall to between 100,000-110,000 tonnes (1.67-1.83 million bags) from 150,000 tonnes shipped in May as stocks are thin, traders said on Tuesday. Lower exports from Vietnam, a sign of tightening robusta supply, coul

Published 06 Jun, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 96,716 tonnes of cargo comprising 50,159 tonnes of import cargo and 46,557 tonnes of export cargo including 7,203 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 50,159 tonn

Published 06 Jun, 2012 12:00am

Oil cake market rates

As a result of depleting stock, rates went up on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The July vaida that had closed at Rs 850.70 commenced with a gain of 20 paisa at Rs 850.90. The December contract which

Published 06 Jun, 2012 12:00am

Lack of buying interest again seen on cotton market

Lack of buying interest among mills and spinners was again seen on the cotton market on Tuesday, dealers said. Official spot rate was unchanged at Rs 5,500, they added. In ready business only 600 bales of cotton changed hands between Rs 5300-5600, they sa

Published 06 Jun, 2012 12:00am

Sharp fall in grams prices observed on grain market

After announcement of budget 2012-13, traders and hoarders threw on the market their huge stock of grams, which caused fall in the prices, dealers said on the wholesale grain market on Tuesday. Explaining the decline in the grams prices some commodity exp

Published 06 Jun, 2012 12:00am

US service sector picks up

The pace of growth in the vast US services sector edged up in May driven by gains in new orders, a welcome comfort after recent disappointing economic data. The Institute for Supply Management (ISM) said on Tuesday its services index edged up to 53.7 from

Published 06 Jun, 2012 12:00am

Samsung unveils computers running on Windows 8

South Korea's Samsung Electronics unveiled notebook and tablet computers running on Windows 8 Tuesday, the latest firm to showcase products that use Microsoft's eagerly-awaited new operating system. On the opening day of Asia's leading IT fair in Taipei,

Published 06 Jun, 2012 12:00am

Vulture funds smell blood from Spanish bank woes

A flock of "vulture" funds is gathering in Madrid in the hope that a banking sector shakeout will finally deliver a bonanza of real estate and distressed company assets at rock bottom prices. Hedge funds and private equity houses are renewing ties with Sp

Published 06 Jun, 2012 12:00am

Vulture funds smell blood from Spanish bank woes

A flock of "vulture" funds is gathering in Madrid in the hope that a banking sector shakeout will finally deliver a bonanza of real estate and distressed company assets at rock bottom prices. Hedge funds and private equity houses are renewing ties with Sp

Published 06 Jun, 2012 12:00am

Investors less optimistic on Treasuries

Investors were less optimistic on the outlook for US Treasury debt in the latest week, although with benchmark yields trading not far off record lows, most maintained a neutral position, a survey showed on Tuesday. The share of investors who said they wer

Published 06 Jun, 2012 12:00am

Investors less optimistic on Treasuries

Investors were less optimistic on the outlook for US Treasury debt in the latest week, although with benchmark yields trading not far off record lows, most maintained a neutral position, a survey showed on Tuesday. The share of investors who said they wer

Published 06 Jun, 2012 12:00am

Congressional study warns of dire US debt outlook

US debt is on track to double the size of the entire economy in the next 25 years, the non-partisan Congressional Budget Office reported Tuesday in its grim view of America's fiscal future. The CBO said that under present policy, in which current tax rate

Published 06 Jun, 2012 12:00am

China's services PMI jumps

China's services industry expanded at its fastest pace for 19 months in May, with new business and optimism about the future robust, according to a private-sector survey of purchasing managers published on Tuesday. The outcome is a stark contrast to May s

Published 06 Jun, 2012 12:00am

Australia's central bank cuts rates to fight global gloom

Australia's central bank cut interest rates for a second month running on Tuesday in a bid to shore up confidence at home, just as finance chiefs of advanced economies around the world prepare to hold emergency talks on the euro zone debt crisis. Citing a

Published 06 Jun, 2012 12:00am

Sales tumble as shoppers hold back

Consumers in the eurozone held back from spending by more than expected in April, sending retail sales falling by the biggest margin so far this year, as rising unemployment eats into households' ability to splash out on cars and clothes. Sales at shops i

Published 06 Jun, 2012 12:00am

Eurozone economy weakens further in May

All of the eurozone's major economies are now in various states of decline, according to business surveys that suggested even Germany is no longer immune to the tremors emanating from the likes of Greece and Spain. Tuesday's purchasing managers indexes (P

Published 06 Jun, 2012 12:00am

EU farming reform caught in budget stalemate

EU agriculture ministers railed Tuesday against a political stalemate over the bloc's budget, warning that planned reform to ensure funding goes to "green" farmers risks huge delays. "It's almost certain that we will not be able to implement [the reform]

Published 06 Jun, 2012 12:00am

Spain says markets closing, G7 takes no action

Spain said on Tuesday that credit markets were closing to the eurozone's fourth biggest economy as finance chiefs of the Group of Seven major economies conferred on the currency bloc's worsening debt crisis but took no joint action.

Published 06 Jun, 2012 12:00am

Indian shares gain on banks

Indian shares edged higher for a second consecutive session on Tuesday as continued hopes for rate cuts boosted banks, while infrastructure shares such as Larsen & Toubro rose on optimism for a revival in stalled projects. Broader gains in indexes were pa

Published 06 Jun, 2012 12:00am

Nikkei springs back; Topix rebounds

Japan's Nikkei average sprang back on Tuesday from four straight sessions of losses as investors snapped up big name bargains ahead of emergency talks between the G7 industrialised nations to tackle a deepening euro zone crisis. The Nikkei advanced 1 perc

Published 06 Jun, 2012 12:00am

S&P ends flat

The S&P 500 ended flat on Monday after recent sharp losses, though worries about the European debt crisis and weaker US data kept investors wary of equities. Signs of economic weakness around the globe and Europe's intensifying debt crisis have rattled in

Published 06 Jun, 2012 12:00am

Bonds dip as historic low yields prompt profit-taking

US Treasuries prices fell on Monday as traders took profits on a recent rally that last week pushed yields to historic lows. Selling was limited, however, as a myriad of uncertainties ahead for the global economy and monetary policy underpinned some reluc

Published 06 Jun, 2012 12:00am

Bonds dip as historic low yields prompt profit-taking

US Treasuries prices fell on Monday as traders took profits on a recent rally that last week pushed yields to historic lows. Selling was limited, however, as a myriad of uncertainties ahead for the global economy and monetary policy underpinned some reluc

Published 06 Jun, 2012 12:00am

Southeast Asian markets: Thai stocks fall to four-month low

Thai stocks fell to their lowest level in four months on Tuesday as growing political tension prompted broad based selling, but other Southeast Asian share markets pushed higher, helped by hopes for more action on the euro zone debt crisis. Thailand's ben

Published 06 Jun, 2012 12:00am

Seoul shares halt four-day slide

Seoul shares rebounded to climb back above 1,800 points on Tuesday, halting a four-day slide, as investors looked to the Group of Seven industrialised nations to take decisive action in tackling Europe's resurgent debt crisis. The Korea Composite Stock Pr

Published 06 Jun, 2012 12:00am

Hong Kong shares up; China flat

Battered Hong Kong shares rose slightly on Tuesday, partly on short-covering ahead of emergency G7 talks on the euro zone debt crisis, although investors remained reluctant to take on fresh positions because of the increasingly gloomy global outlook. The

Published 06 Jun, 2012 12:00am

Taiwan stocks rise

Taiwan stocks rose 1.5 percent on Tuesday, paced by Acer and other computer firms, as investors were encouraged by news the G7 will hold emergency talks on the eurozone debt crisis that has triggered a heavy sell-off in global markets. Boosting market con

Published 06 Jun, 2012 12:00am

Australian shares bounce; Qantas dives

Australian shares bounced off six-month lows to close 1.5 percent higher on Tuesday on hopes for urgent action to tackle the euro zone debt crisis, but investors fled Qantas Airways after a shock profit warning from the national carrier. Qantas lost a fif

Published 06 Jun, 2012 12:00am

European shares limp higher on stimulus hopes

European shares rose on Tuesday after a choppy, nervous session as investors tentatively bought into beaten-down shares on hopes for global central bank policy action to revive the economic recovery. The Euro STOXX 50 closed up 0.4 percent at 2,087.31, ex

Published 06 Jun, 2012 12:00am

Australian and New Zealand dollars rebound

The Australian and New Zealand dollars rebounded from multi-month lows on Tuesday, amid hopes the eurozone would take steps to contain the region's debt crisis. The Australian dollar rose to $0.9795, from $0.9733 in New York, further underpinned by some s

Published 06 Jun, 2012 12:00am

Euro extends gains in Asia

The euro extended gains to a one-week high on Tuesday as some sellers pared back their huge bets against the currency ahead of a conference call by the Group of Seven financial policy makers on the European debt crisis. Although market players remain scep

Published 06 Jun, 2012 12:00am

Euro slips in London

The euro fell on Tuesday as a Spanish minister said high borrowing costs meant credit markets were closing to Spain, though losses were limited before an emergency conference call of Group of Seven finance chiefs. The G7 ministers and central bankers will

Published 06 Jun, 2012 12:00am

Early trade in New York: Euro falls on Spain warning

The euro slipped on Tuesday as Spain's treasury minister said high borrowing costs meant credit markets were closing to Spain and investors received little comfort from an emergency conference call of Group of Seven finance chiefs. The dollar climbed to a

Published 06 Jun, 2012 12:00am

Euro springs back

The euro rebounded from last week's record lows against the dollar and yen on Monday as investors pared bearish bets on hopes that European authorities will seek greater fiscal integration within the eurozone. The euro, which was ripe for a bounce given a

Published 06 Jun, 2012 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 81.92-81.94 (previous 81.91-81.94). Call Money Rates: 9.25-15.00 percent (previous 9.25-15.00 percent).

Published 06 Jun, 2012 12:00am

Yuan closes flat

The yuan closed flat on Tuesday after rising in morning trading as traders took advantage of a weaker dollar index in the afternoon. The People's Bank of China (PBOC) has fixed the yuan midpoint at successively stronger levels for the last three trading d

Published 06 Jun, 2012 12:00am

Asian currencies rise

Most emerging Asian currencies nudged higher and the Taiwan dollar pulled away from a four-month low on Tuesday as investors took a break from the incessant selling of the past few weeks to await the outcome of emergency G7 talks on the euro zone's debt c

Published 06 Jun, 2012 12:00am

Dollar rates slip on more cash supply

Investors charged banks and bond dealers less to borrow dollars on Tuesday as they showed more willingness to part with cash on hopes the world's top economies make progress in containing the euro zone's debt crisis. Finance ministers from the Group of Se

Published 06 Jun, 2012 12:00am

Swiss franc climbs

The Swiss franc rose to its strongest in a week against the dollar on Tuesday, as the euro extended its rebound on optimism a conference call by Group of Seven policymakers might yield some progress in tackling Europe's debt crisis. Although a major break

Published 06 Jun, 2012 12:00am

Stosur to face Errani in semi-finals

Australia's Samantha Stosur will take on Sara Errani of Italy in the French Open semi-finals after both won through in straight sets on Tuesday. US Open champion Stosur powered past Dominika Cibulkova of Slovakia 6-4, 6-1, while 21st seed Errani saw off A

Published 06 Jun, 2012 12:00am

Federer in semi-finals after five-set Del Potro thriller

Roger Federer reached a record-equalling 31st Grand Slam semi-final Tuesday, surviving a brutal French Open barrage from frail Argentine Juan Martin del Potro before clinching a 3-6, 6-7 (4/7), 6-2, 6-0, 6-3 triumph. Third seed Federer, the 16-time Grand

Published 06 Jun, 2012 12:00am

Li shock inspires 11 million microblogs

Disappointed Chinese tennis fans flooded the country's top Twitter-style microblog site with 11 million messages Tuesday as they grappled with defending champion Li Na's shock French Open defeat. Reactions ranged from sympathy to contempt after the combus

Published 06 Jun, 2012 12:00am

No FIFA action over unseen Uzbek 'goal'

Football chiefs have ruled out taking action after Uzbekistan were apparently denied a legitimate goal during their 1-0 World Cup qualifying loss to Iran. World body FIFA said the referee's decision was final despite TV replays which indicated the ball cr

Published 06 Jun, 2012 12:00am

Pearson kicks off Olympic year after dream season

Sally Pearson had a season to remember last year, winning all but one of her 11 races, producing seven of the quickest 11 performances and claiming world gold in the fourth fastest time ever run. The 25-year-old Australian 100m hurdler was rewarded with t

Published 06 Jun, 2012 12:00am

Sneijder motivated by club failure

Two years ago Dutch playmaker Wesley Sneijder almost completed the perfect season as his club side Inter Milan won the Champions League as well as a domestic league and Cup double. And he then lined up in the World Cup final for Holland but a goal from An

Published 06 Jun, 2012 12:00am

Duckworth-Lewis rival accuses ICC of bias

An Indian civil engineer has complained about bias within cricket's governing body after his rival method to the Duckworth-Lewis (D/L) system for rain-affected games was rejected. V. Jayadevan, who invented the "VJD system" as a different way to calculate

Published 06 Jun, 2012 12:00am

British great Robertson retires

Britain's Nathan Robertson, a former Olympic silver medallist, announced his retirement from badminton on Tuesday. The 35-year-old, who won the mixed doubles silver medal with Gail Emms in Athens eight years ago, decided to hang up his racquet after his f

Published 06 Jun, 2012 12:00am

United agree Kagawa deal

Japan international Shinji Kagawa is set to become Manchester United's first summer signing after the Premier League club confirmed Tuesday they have "reached agreement" with his club Borussia Dortmund. "Manchester United is delighted to announce that it

Published 06 Jun, 2012 12:00am

Gayle back in West Indies squad

Former captain Chris Gayle has been recalled by the West Indies after more than a year out of the side for the One-day international series against England later this month. The 32-year-old, a dynamic opening batsman, is back in the squad after a 14-month

Published 06 Jun, 2012 12:00am

Sudan blasts ICC prosecutor over genocide warrants

Sudan on Tuesday launched a furious attack on International Criminal Court prosecutor Luis Moreno-Ocampo as he called for stronger action to arrest President Omar al-Bashir in his final appearance before the UN Security Council. Ocampo, who stands down as

Published 06 Jun, 2012 12:00am

Solar plane on historic intercontinental flight

A Swiss pilot flew a solar plane across the Strait of Gibraltar from Spain into Moroccan airspace Tuesday on the world's first intercontinental flight in a plane powered by the sun. Bertrand Piccard, a 54-year-old psychiatrist and balloonist, took off bef

Published 06 Jun, 2012 12:00am

34 killed in violence

Clashes between troops and rebels in Syria's western Latakia province killed 15 soldiers on Tuesday, the Syrian Observatory for Human Rights reported, bringing the day's death toll to at least 34. "Fifteen soldiers were killed and dozens wounded, while th

Published 06 Jun, 2012 12:00am

Aid agencies access to four locations granted

Syria has granted international relief workers access to four key sites after agreeing to a $180-million plan to help one million needy people, the United Nations said on Tuesday. The UN Office for the Co-ordination of Humanitarian Affairs (OCHA) said pla

Published 06 Jun, 2012 12:00am

Syria bars diplomats, gunships in action

Syria's government banned 17 Western diplomats and its helicopter gunships pounded rebels in a coastal province on Tuesday as President Bashar al-Assad defied international pressure to halt his campaign to crush the uprising against his rule.

Published 06 Jun, 2012 12:00am

Clinton vows deeper defence ties with Georgia

US Secretary of State Hillary Clinton announced plans Tuesday to help Georgia improve its defences with helicopter upgrades and military training programmes, nearly four years after its war with Russia. Clinton has used her two-day visit to this Black Sea

Published 06 Jun, 2012 12:00am

Palestinians stage demonstrations on Six Day War anniversary

Palestinians on Tuesday staged small demonstrations to mark the 45th anniversary of the Six Day War in which Israel seized the West Bank and Gaza Strip. Near the West Bank city of Ramallah, around 200 people protested by the Ofer military prison, with cla

Published 06 Jun, 2012 12:00am

Rare Venus transit draws astronomers worldwide

Astronomers around the world will train their telescopes on the skies Tuesday to watch Venus pass in front of the Sun, a once-in-a-lifetime event that will not be seen for another 105 years. The nearly seven-hour passage of the planet between the Earth an

Published 06 Jun, 2012 12:00am

Coca-Cola, Ford, others back plant-based packaging

Five leading US global companies, including Coca-Cola and Ford, unveiled Tuesday a joint effort to develop 100 percent plant-based plastics in their products, cutting the use of fossil fuels. Coca-Cola, Ford, Heinz, Nike and Procter & Gamble said they wer

Published 06 Jun, 2012 12:00am

Crowds pack Tahrir to protest Mubarak verdicts

Crowds of Egyptians packed Cairo's iconic Tahrir Square on Tuesday for a mass demonstration to protest against verdicts handed down in ex-president Hosni Mubarak's murder trial. Thousands of marchers poured into the square led by the runners-up in last mo

Published 06 Jun, 2012 12:00am

Britons cheer queen in poignant jubilee finale

Queen Elizabeth II greeted 1.5 million cheering subjects from the balcony of Buckingham Palace on Tuesday but faced the crowning moment of her diamond jubilee festivities without her ill husband. A dramatic flypast capped four days of celebrations marking

Published 06 Jun, 2012 12:00am

Russian lawmakers stall controversial protest bill

A Russian opposition party on Tuesday deliberately stalled the passing of a controversial bill that would greatly increase fines for protesters by calling for votes on hundreds of amendments. In a highly unusual spectacle in the usually rubber-stamp parli

Published 06 Jun, 2012 12:00am

French financier Antoine Bernheim dies

Antoine Bernheim, a top financier who helped shape French capitalism from the 1960s to the 1990s and who twice was chairman of Italian insurance giant Generali, has died aged 87, an associate said Tuesday. Bernheim joined the board of Generali in 1973 and

Published 06 Jun, 2012 12:00am

China says only it has right to monitor air pollution

A senior Chinese official demanded on Tuesday that foreign embassies stop issuing air pollution readings, saying it was against the law and diplomatic conventions, in pointed criticism of a closely watched US embassy index. The level of air pollution in C

Published 06 Jun, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 27	277.03
USD PKR Interbank Buying / Nov 27	277.83
USD to Japanese Yen / Nov 27	151.96
USD to Swiss Franc / Nov 27	0.88
Pound Sterling to USD / Nov 27	1.26
Euro to USD / Nov 27	1.05

Stock	Volume
S&P 500 / Nov 26	6,021.63
Nasdaq / Nov 26	19,175.58
Dow Jones / Nov 26	44,860.31
India Sensex / Nov 27	80,416.35
Tokyo Nikkei / Nov 27	38,134.97
Hang Seng / Nov 27	19,595.16
FTSE 100 / Nov 27	8,261.85
Germany DAX 30 / Nov 27	19,236.54

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold 10 Grams PKR / Nov 26	239,716
Crude Oil USD/Barrel / Nov 27	69.12
Gold Spot USD/Ounce / Nov 27	2,647.32
Cotton US¢/pound / Nov 27	71.71
Petrol/Litre / Nov 28	248.38

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 28 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 28 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 28 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 28 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
Treet Battery / Nov 28 Treet Battery Limited(TBL)	49,797,748 ▲ 0.00
Pace (Pak) Ltd. / Nov 28 Pace (Pakistan) Limited(PACE)	47,465,434 ▲ 0.00
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	44,206,223 ▲ 0.00
Cnergyico PK / Nov 28 Cnergyico PK Limited(CNERGY)	34,058,498 ▲ 0.00

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