News Archives for Print - 2012-07-07

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Bullish sentiments dominated on the Lahore Stock Exchange on Friday and the equities registered gains across the board amid increased trading turnover due to fresh entries in bluechips and ready board shares. The LSE-25 index gained 58.57 points and was e

Published 07 Jul, 2012 12:00am

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Deterioration in global economy: IMF to downgrade forecasts

The head of the International Monetary Fund expressed concern on Friday at a deterioration in the global economy, saying the outlook has become more worrying as developed and big emerging nations show signs of slowing down. The comments by IMF Managing Di

Published 07 Jul, 2012 12:00am

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Deterioration in global economy: IMF to downgrade forecasts

The head of the International Monetary Fund expressed concern on Friday at a deterioration in the global economy, saying the outlook has become more worrying as developed and big emerging nations show signs of slowing down. The comments by IMF Managing Di

Published 07 Jul, 2012 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Deterioration in global economy: IMF to downgrade forecasts

The head of the International Monetary Fund expressed concern on Friday at a deterioration in the global economy, saying the outlook has become more worrying as developed and big emerging nations show signs of slowing down. The comments by IMF Managing Di

Published 07 Jul, 2012 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

ECC approves ''rescue package'' for PIA

Economic Co-ordination Committee (ECC) of the Cabinet has approved ''rescue package'' for the financially strapped national flag carrier, Pakistan International Airlines (PIA), with the help of Secretary Cabinet, Nargis Sethi who is also holding additiona

Published 07 Jul, 2012 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

ECC approves 'rescue package' for PIA

Economic Co-ordination Committee (ECC) of the Cabinet has approved 'rescue package' for the financially strapped national flag carrier, Pakistan International Airlines (PIA), with the help of Secretary Cabinet, Nargis Sethi who is also holding additional

Published 07 Jul, 2012 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

ECC approves 'rescue package' for PIA

Economic Co-ordination Committee (ECC) of the Cabinet has approved 'rescue package' for the financially strapped national flag carrier, Pakistan International Airlines (PIA), with the help of Secretary Cabinet, Nargis Sethi who is also holding additional

Published 07 Jul, 2012 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Jaggran-II hydro-power project: France to provide 68 million euro

France on Friday inked an agreement with Pakistan to fund the 48MW Jaggran II Hydro-power project to help the country meet its energy crisis. The agreement was signed by Iftikhar Ahmed Rao, Additional Secretary of Economic Affairs Division (EAD), Philippe

Published 07 Jul, 2012 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Jaggran-II hydro-power project: France to provide 68 million euro

France on Friday inked an agreement with Pakistan to fund the 48MW Jaggran II Hydro-power project to help the country meet its energy crisis. The agreement was signed by Iftikhar Ahmed Rao, Additional Secretary of Economic Affairs Division (EAD), Philippe

Published 07 Jul, 2012 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Jaggran-II hydro-power project: France to provide 68 million euro

France on Friday inked an agreement with Pakistan to fund the 48MW Jaggran II Hydro-power project to help the country meet its energy crisis. The agreement was signed by Iftikhar Ahmed Rao, Additional Secretary of Economic Affairs Division (EAD), Philippe

Published 07 Jul, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

PPP-led coalition to introduce key legislative measures

Pakistan People's Party (PPP) and its coalition partners have decided to introduce 21st and 22nd Constitutional Amendments and some key legislative measures in the ongoing session of the Parliament. This decision has been taken at a meeting of heads of al

Published 07 Jul, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

PPP-led coalition to introduce key legislative measures

Pakistan People's Party (PPP) and its coalition partners have decided to introduce 21st and 22nd Constitutional Amendments and some key legislative measures in the ongoing session of the Parliament. This decision has been taken at a meeting of heads of al

Published 07 Jul, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Index rises 139.27 points

The Karachi share market on Friday witnessed a bullish trend on the back of local investors and institutional support and the benchmark KSE-100 index increased by 139.27 points to close at 14,310.18 points. The market opened on a positive note and the ind

Published 07 Jul, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Index rises 139.27 points

The Karachi share market on Friday witnessed a bullish trend on the back of local investors and institutional support and the benchmark KSE-100 index increased by 139.27 points to close at 14,310.18 points. The market opened on a positive note and the ind

Published 07 Jul, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Index rises 139.27 points

The Karachi share market on Friday witnessed a bullish trend on the back of local investors and institutional support and the benchmark KSE-100 index increased by 139.27 points to close at 14,310.18 points. The market opened on a positive note and the ind

Published 07 Jul, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

BRIndex30 up 113.67 points

On Friday, BRIndex30 opened at 10,163.96. It touched an intraday high of 10,299.94 and an intraday low of 10,161.2 and closed at 10,277.63 which was 113.67 points or 1.12 percent higher than previous close. Total volume was 68,972,755, which was 73.11 per

Published 07 Jul, 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 07 Jul, 2012 12:00am

BRIndex30 up 113.67 points

On Friday, BRIndex30 opened at 10,163.96. It touched an intraday high of 10,299.94 and an intraday low of 10,161.2 and closed at 10,277.63 which was 113.67 points or 1.12 percent higher than previous close. Total volume was 68,972,755, which was 73.11 per

Published 07 Jul, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Massive shuffle in bureaucracy

A massive reshuffle in the top bureaucracy at Federal level was made on Friday with a view to enhancing efficiency of various ministries. According to notifications, a grade 22 officer of District Management Group, Mohammad Ayub Qazi, has been appointed a

Published 07 Jul, 2012 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Massive shuffle in bureaucracy

A massive reshuffle in the top bureaucracy at Federal level was made on Friday with a view to enhancing efficiency of various ministries. According to notifications, a grade 22 officer of District Management Group, Mohammad Ayub Qazi, has been appointed a

Published 07 Jul, 2012 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Malik directed to ensure Balochistan's law and order

Prime Minister Raja Pervez Ashraf on Friday directed his Senior Advisor on Interior, Rehman Malik to play effective role in maintaining law and order situation in Balochistan. In a meeting held at the Prime Minister House the Advisor briefed the PM about

Published 07 Jul, 2012 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

MD Bait-ul-Mal calls on Prime Minister

Prime Minister Raja Pervez Ashraf has said that provision of relief to the down trodden segment of the society had been one of the important parts of PPP's manifesto and the incumbent government had taken several measures for the welfare of the people.

Published 07 Jul, 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 Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Sherry calls on Zardari

Pakistan's Ambassador to United States Sherry Rehman, called on President Asif Ali Zardari here on Friday and briefed the President about her talks recently with the US Congressmen and the State Department on Pak-US ties. She discussed with President Pak-

Published 07 Jul, 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 Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Kazi Abdul Muktadir appointed SBP deputy governor

The Prime Minister of Pakistan has appointed Kazi Abdul Muktadir as Deputy Governor, State Bank of Pakistan for a period of three years from the date he assumes office, according to a notification issued by the Finance Division on Friday. Kazi assumed the

Published 07 Jul, 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 Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Kazi Abdul Muktadir appointed SBP deputy governor

The Prime Minister of Pakistan has appointed Kazi Abdul Muktadir as Deputy Governor, State Bank of Pakistan for a period of three years from the date he assumes office, according to a notification issued by the Finance Division on Friday. Kazi assumed the

Published 07 Jul, 2012 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Kazi Abdul Muktadir appointed SBP deputy governor

The Prime Minister of Pakistan has appointed Kazi Abdul Muktadir as Deputy Governor, State Bank of Pakistan for a period of three years from the date he assumes office, according to a notification issued by the Finance Division on Friday. Kazi assumed the

Published 07 Jul, 2012 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Economic migrants? 18 killed in Turbat attack

Unknown gunmen reportedly shot and killed 18 people and injured two others in Kech Turbat on Friday. Reports reaching here said that 20 people were eating their lunch at a roadside restaurant when unidentified six armed men riding three bikes came there a

Published 07 Jul, 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 Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Economic migrants? 18 killed in Turbat attack

Unknown gunmen reportedly shot and killed 18 people and injured two others in Kech Turbat on Friday. Reports reaching here said that 20 people were eating their lunch at a roadside restaurant when unidentified six armed men riding three bikes came there a

Published 07 Jul, 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 Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Public, private sectors: Pepco receivables swell to Rs 253 billion

The Ministry of Water and Power and Finance has been unable to recover outstanding dues of electricity from federal and provincial governments as well as private sector amounting to Rs 253 billion, creating serious financial problems for the power sector,

Published 07 Jul, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

Public, private sectors: Pepco receivables swell to Rs 253 billion

The Ministry of Water and Power and Finance has been unable to recover outstanding dues of electricity from federal and provincial governments as well as private sector amounting to Rs 253 billion, creating serious financial problems for the power sector,

Published 07 Jul, 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 07 Jul, 2012 12:00am

Public, private sectors: Pepco receivables swell to Rs 253 billion

The Ministry of Water and Power and Finance has been unable to recover outstanding dues of electricity from federal and provincial governments as well as private sector amounting to Rs 253 billion, creating serious financial problems for the power sector,

Published 07 Jul, 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 Friday (July 06, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for d

Published 07 Jul, 2012 12:00am

National Economic Council: Zardari nominates members

President Asif Ali Zardari on Friday on the advice of Prime Minister has nominated following four members of the Federal government on the National Economic Council in terms of Article 156(1) of the constitution.

Published 07 Jul, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (July 06, 2012).

Published 07 Jul, 2012 12:00am

National Economic Council: Zardari nominates members

President Asif Ali Zardari on Friday on the advice of Prime Minister has nominated following four members of the Federal government on the National Economic Council in terms of Article 156(1) of the constitution.

Published 07 Jul, 2012 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 07 Jul, 2012 12:00am

Clinton to meet Khar in Tokyo

US Secretary of State Hillary Clinton will meet foreign minister Hina Rabbani Khar in Tokyo on Sunday, seeking to push momentum for better ties after Islamabad agreed to reopen land routes used to supply troops in Afghanistan following a seventh-month fre

Published 07 Jul, 2012 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 07 Jul, 2012 12:00am

Clinton to meet Khar in Tokyo

US Secretary of State Hillary Clinton will meet foreign minister Hina Rabbani Khar in Tokyo on Sunday, seeking to push momentum for better ties after Islamabad agreed to reopen land routes used to supply troops in Afghanistan following a seventh-month fre

Published 07 Jul, 2012 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 07 Jul, 2012 12:00am

Shortage of locomotives: Railways unable to ferry Nato freight: minister

Pakistan Railway cannot provide transportation services to Nato because of a shortage of locomotives, Federal Minister for Railways Haji Ghulam Ahmed Bilour said on Friday. "We are already short of locomotives to meet local freight requirements. How we ca

Published 07 Jul, 2012 12:00am

BRIDGE NOTES: Why the rule of eleven?

In bridge, almost everyone is familiar with the so called and most commonly understood and used Rule of 11 that can be applied invariably by both the defender who is not on lead and the declarer who views the opening lead and the open dummy.

Published 07 Jul, 2012 12:00am

Shortage of locomotives: Railways unable to ferry Nato freight: minister

Pakistan Railway cannot provide transportation services to Nato because of a shortage of locomotives, Federal Minister for Railways Haji Ghulam Ahmed Bilour said on Friday. "We are already short of locomotives to meet local freight requirements. How we ca

Published 07 Jul, 2012 12:00am

LITERARY NOTES: 'Lyallpur': Faiz Ahmed Faiz's memories

Noted critic Ashfaq Bokhari has earned for him a unique distinction. He has chosen for himself the assignment of former Lyallpur's chronicler. His Lyallpur Kahani's sixth book is about Faiz Ahmed Faiz's engagements in the city of Lyallpur where his close

Published 07 Jul, 2012 12:00am

Shortage of locomotives: Railways unable to ferry Nato freight: minister

Pakistan Railway cannot provide transportation services to Nato because of a shortage of locomotives, Federal Minister for Railways Haji Ghulam Ahmed Bilour said on Friday. "We are already short of locomotives to meet local freight requirements. How we ca

Published 07 Jul, 2012 12:00am

BOOK REVIEWS: Energy problems and issues

There could not have been a more opportune time to write and bring out a book on this subject than now, when the energy crisis has peaked and worsened marked by protest and riots in many cities in Punjab, where the load-shedding is at its worst. Circular

Published 07 Jul, 2012 12:00am

Reopening Nato supply routes: no new deal signed, claims Hoagland

No new agreement has been signed for ending the seven-month-long blockade by Pakistan of Nato's Ground Lines of Communications (GLOCs), United Sates Deputy Chief of Mission Richard Hoagland said on Friday. Pakistan reopened key supply routes for US contai

Published 07 Jul, 2012 12:00am

ART FACTS: Beauty in the mundane

Through her spontaneous and aesthetic work Hamra Abbas enhances the colours contrast and details of the sculptures. Her versatile practice gives her chance to deal with wide range of media. She uses cultural motifs and iconology to compose her imagery tra

Published 07 Jul, 2012 12:00am

Reopening Nato supply routes: no new deal signed, claims Hoagland

No new agreement has been signed for ending the seven-month-long blockade by Pakistan of Nato's Ground Lines of Communications (GLOCs), United Sates Deputy Chief of Mission Richard Hoagland said on Friday. Pakistan reopened key supply routes for US contai

Published 07 Jul, 2012 12:00am

Karachi Chronicle: Hawala still popular

Last week in Mithadar traders beat up three men of the Special Investigating Unit (SIU) who allegedly attempted to extort money. By the time Aram Bagh Police appeared on the scene ASI Javed and PC Zaidi managed to escape. The third man, PC Muzaffar Ali wa

Published 07 Jul, 2012 12:00am

The big business of Bun Kebab

Whether or not there is proof of Bun Kebab's lineage going back to burgers, or maybe it is the other way around depending on which was invented first, a strong family resemblance is undeniable. Belonging to a family fortunate to have more than three child

Published 07 Jul, 2012 12:00am

Customs Single Window A Futuristic Concept

The need for information regulating the flow of goods greatly increased with the expansion of Global trade in the decade of 1980, and 1990s. in the meanwhile amazing developments in information and communications technologies (ICT) and trade data-exchange

Published 07 Jul, 2012 12:00am

ELECTRONIC DATA INTERCHANGE (EDI) and PAKISTAN CUSTOMS

Web based one Custom (WeBOC) System is locally developed Custom Computerized System, which allows paper less transaction in custom clearance system. Since inception of custom computerized system, it is realised that the system must function on the princip

Published 07 Jul, 2012 12:00am

Pakistan Customs - Changing Face

The Web based One Customs (WeBOC) is not just a software solution for Pakistan Customs automation and goods clearance, but it symbolises a complete home-grown solution for the import and export trade and transport corridor of the country.

Published 07 Jul, 2012 12:00am

Pakistan Customs - The Flag Bearer of Reforms, Automation and Modernisation

The Pakistan Customs Department has always remained the front runner for modernisation, reforms and automation. Many people see customs as a regulatory and enforcement agency for the collection of taxes and enforcement of law which only keeps putting up t

Published 07 Jul, 2012 12:00am

Message from Member FATE, FBR

It gives me great pleasure and pride that the WeBOC, a home grown system of FBR, is being launched all over the country for the facilitation of trade in Pakistan. WeBOC system provides real time integration of agents, brokers, terminal operator, cargo han

Published 07 Jul, 2012 12:00am

Message from Secretary Revenue Division/Chairman FBR/Member Customs

It is indeed a great honour and pleasure for me to formally inaugurate the operations of Pakistan Customs indigenously developed computerized customs clearance system known as Web Based One Customs (WeBOC). The development of WeBOC has saved a hefty amoun

Published 07 Jul, 2012 12:00am

Message from Federal Minister for Finance

Customs operations require speed and transparency without compromising enforcement of law. Web Based One Customs (WeBOC) is one such computerized system that achieves above objectives. It is based on the international principle of self assessment and risk

Published 07 Jul, 2012 12:00am

No business on grain market

According to the merchants on grain market no any change was seen in the commodity rates on the eve of Shab-e-Barat holiday on Friday.

Published 07 Jul, 2012 12:00am

US Midwest corn, soya bids mixed

Corn and soyabean spot basis bids were mixed around the US Midwest on Thursday, with bids pressured in some areas by sharply higher futures at the Chicago Board of Trade, dealers said. US corn futures rallied for the ninth straight session jumping 5 perce

Published 07 Jul, 2012 12:00am

France sees wheat crop rising to 35.9 million tonnes

Farm office FranceAgriMer expects this year's French soft wheat crop to rise 5.7 percent to 35.9 million tonnes from 34 million harvested in 2011, data published by the office on Friday showed. The forecast was the office's first official projection of th

Published 07 Jul, 2012 12:00am

Ukraine lowers grains outlook on fall in maize

Ukraine's state weather forecasting centre lowered its outlook for the 2012 grain harvest to 42 million tonnes from a previous estimate of 44 million on Thursday due to a smaller than expected maize crop. Hot and dry weather in southern and eastern region

Published 07 Jul, 2012 12:00am

Poor rains may cut India's pulses output

Poor rains in India's key pulse-producing southern and western states have affected sowing and could trim output in the 2012-13 year that began on July 1, the country's farm minister said on Friday. Lower output of pulses could force India, the world's la

Published 07 Jul, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 128,409 tonnes of cargo comprising 83,894 tonnes of import cargo and 44,515 tonnes of export cargo including 3,567 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 83,894 tonn

Published 07 Jul, 2012 12:00am

Cotton market: rates resist slide despite increased phutti arrivals

Prices showed no sharp decline on the cotton market on Friday despite increase in the phutti arrivals with the passage of time, dealers said. The official spot rate was unchanged at Rs 6100, they said. In the ready business, over 4500 bales of cotton chan

Published 07 Jul, 2012 12:00am

Canada's job creation stalls again in June

Canada's job growth slowed in June for a second straight month in a reality check after outsized employment gains earlier this year, firming the market's view that the central bank won't act soon on recent hints of a rate hike. Waning business confidence

Published 07 Jul, 2012 12:00am

Indian Oil buys diesel at highest premium in over six months

Indian Oil Corp Ltd (IOC) has bought 60,000 tonnes of diesel at the highest premium in more than six months as limited monsoon season rainfall keeps demand steady in India and amid tight supply in Asia, industry sources said on Friday. The monsoon season

Published 07 Jul, 2012 12:00am

Chad bans national carrier over safety concerns

Chadian authorities have suspended international flights operated by the central African nation's state carrier Toumai Air after an investigation by the international aviation body IATA revealed serious safety problems, an official said on Friday.

Published 07 Jul, 2012 12:00am

Banks' debt lifeline for Spain starts to fray

Domestic banks that have backed Spain's debt auctions with heavy buying could be reaching a limit for absorbing sovereign bonds, say financial analysts and two market makers, undermining the country's efforts to stave off a full-blown bailout.

Published 07 Jul, 2012 12:00am

Japan's government could run out of cash by October

Japan's government could run out of money by the end of October, halting all state spending including salaries, pensions and unemployment benefits, because of a stand-off in parliament that has blocked a bill to finance the deficit.

Published 07 Jul, 2012 12:00am

Facebook, Yahoo tie up, settle lawsuits

Facebook Inc and Yahoo Corp have struck a broad advertising partnership as part of a final settlement of duelling patent lawsuits, technology blog AllThingsDigital cited sources close to the pact as saying on Friday. Both boards approved a strategic deal

Published 07 Jul, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

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

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 25	248.38

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

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

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