News Archives for Print - 2012-10-26

US treasuries bid prices

US treasuries bid prices on Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Government's failure to implement textile policy: export target may not be met, Senate body told

The national export target of $25 billion may not materialise because of the government's failure to implement the textile policy in letter and in spirit, lack of power/gas utilities and the global perception about the country's low production capacity, t

Published 26 Oct, 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 26 Oct, 2012 12:00am

Government's failure to implement textile policy: export target may not be met, Senate body told

The national export target of $25 billion may not materialise because of the government's failure to implement the textile policy in letter and in spirit, lack of power/gas utilities and the global perception about the country's low production capacity, t

Published 26 Oct, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Asghar Khan petition: no objections to a probe by FIA, says Nawaz

Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif on Thursday said that his party played a vital role for the restoration of the judiciary and it could not even think about ridiculing or violating its verdict. "We accept every decision of the Su

Published 26 Oct, 2012 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Asghar Khan petition: no objections to a probe by FIA, says Nawaz

Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif on Thursday said that his party played a vital role for the restoration of the judiciary and it could not even think about ridiculing or violating its verdict. "We accept every decision of the Su

Published 26 Oct, 2012 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Fazlullah in Afghanistan: dossiers given to Afghan government and Isaf: foreign office

Pakistan on Thursday confirmed it has handed over dossiers on presence of the banned Tehreek-e-Taliban Pakistan (TTP) Swat chapter commander Mullah Fazlullah in Afghanistan to the Afghan government as well as International Security Assistance Force (Isaf)

Published 26 Oct, 2012 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Fazlullah in Afghanistan: dossiers given to Afghan government and Isaf: foreign office

Pakistan on Thursday confirmed it has handed over dossiers on presence of the banned Tehreek-e-Taliban Pakistan (TTP) Swat chapter commander Mullah Fazlullah in Afghanistan to the Afghan government as well as International Security Assistance Force (Isaf)

Published 26 Oct, 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 Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Pakistan, Afghanistan eye US vote with foreboding

The US election is a side-show on the frontline of the war on terror where Afghans feel abandoned by Washington's looming troop withdrawal, which some in Pakistan fear could cause more violence and instability in their country regardless of who secures th

Published 26 Oct, 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 Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Millions perform Hajj

Vast crowds of pilgrims, all dressed in white, flocked from early Thursday to Mount Arafat in Saudi Arabia's west to take part in Hajj. Many pilgrims had camped overnight in the sprawling plain surrounding Mount Arafat but the majority began arriving at d

Published 26 Oct, 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 Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Millions perform Hajj

Vast crowds of pilgrims, all dressed in white, flocked from early Thursday to Mount Arafat in Saudi Arabia's west to take part in Hajj. Many pilgrims had camped overnight in the sprawling plain surrounding Mount Arafat but the majority began arriving at d

Published 26 Oct, 2012 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (October 25, 2012).

Published 26 Oct, 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 Thursday (October 25, 2012).

Published 26 Oct, 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 Thursday (October 25, 2012).

Published 26 Oct, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (October 25, 2012).

Published 26 Oct, 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 26 Oct, 2012 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 26 Oct, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 26 Oct, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 26 Oct, 2012 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Oct, 2012 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose to a one-month high on Wednesday with talk of recent export sales to China and a lack of farmer selling of the new crop, traders said. Traders said the sales talk was supportive, but the sales were unconfirmed. Strength in

Published 26 Oct, 2012 12:00am

Lacklustre business on grain market

Lean business was seen on the wholesale grain market on Thursday ahead of long week-end ahead Eid-ul-Azha holidays, dealers said. On the rice side, Irri-6 Sindh low type was unchanged at Rs 3250 and the best type was down by Rs 25 to Rs 3275, other types

Published 26 Oct, 2012 12:00am

Indian soya futures rise to one-month high

Indian soyabean futures surged more than 3 percent on Thursday to hit the highest in a month on gains in overseas markets and as local oil millers were aggressively buying in spot markets due to good export demand for soyameal. Soyaoil got support from fe

Published 26 Oct, 2012 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 87,372 tonnes of cargo comprising 52,181 tonnes of import cargo and 35,191 tonnes of export cargo including 3,980 loaded & empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 52,181

Published 26 Oct, 2012 12:00am

US Midwest corn bids firm on river

Corn spot basis bids were firm at river terminals around the US Midwest on Wednesday, rising 10 cents per bushel on the Illinois River, on support from thin supplies in the export pipeline, grain merchants said. The corn basis in the CIF export market was

Published 26 Oct, 2012 12:00am

Oil cake market rates

The December vaida was lower and the January contract did not show any change on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 445.00 but commenced with a decline of 30 paisa at

Published 26 Oct, 2012 12:00am

Insipid business at pre-holiday session on cotton market

Most of the leading participants kept on the sidelines amid pre-holiday session on the cotton market on Thursday, dealers said. Official spot rate was unchanged at Rs 5,650, they said. In the ready business, nearly, 2,000 bales of cotton changed hands bet

Published 26 Oct, 2012 12:00am

Extended holidays dampen cotton business

Extended holidays stretching from Friday to next Monday (From 26th to 29th of October, 2012) dampened apatite for cotton on Thursday as closures and transport problems have practically shut down the cotton market. There was mostly calm hanging over the co

Published 26 Oct, 2012 12:00am

Extended holidays dampen cotton business

Extended holidays stretching from Friday to next Monday (From 26th to 29th of October, 2012) dampened apatite for cotton on Thursday as closures and transport problems have practically shut down the cotton market. There was mostly calm hanging over the co

Published 26 Oct, 2012 12:00am

China factories eye stronger fourth quarter, external risks remain

China's factory output should grow faster in the last three months of 2012 than in the third quarter, though the recovery remains clouded by uncertainty in export markets, the Ministry of Industry and Information Technology said on Thursday.

Published 26 Oct, 2012 12:00am

IMF says ESM recap of Irish banks 'critical'

Europe must follow through on its pledge to ease Ireland's debt burden through direct recapilisation of its banks, or it risks leaving the country dependent on official financing, the International Monetary Fund said on Thursday. Dublin has been in talks

Published 26 Oct, 2012 12:00am

Top US CEOs demand government fix deficit

Chief executives of dozens of the most powerful US companies banded together Thursday to demand the government urgently reduce the country's debt and deficit, less than two weeks ahead of the presidential election. Executives of world-leading companies li

Published 26 Oct, 2012 12:00am

Procter & Gamble soars past profit expectations

Procter & Gamble Co's profit rose more than expected, indicating that the world's largest household products maker is making progress after coming under pressure from activist investor William Ackman, and its shares soared to the highest level in four yea

Published 26 Oct, 2012 12:00am

Microsoft unveils 'reimagined' Windows 8

Microsoft said its "reimagined" Windows 8 will launch Friday in 37 languages and 140 world-wide markets, as the tech giant unveiled the new version of its computer operating system. "We have reimagined Windows and the result is a stunning line-up of new P

Published 26 Oct, 2012 12:00am

New York Times misses third quarter revenue expectations

The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 12 percent. The newspaper company said that revenue was up almost 1 percent to $449 million. Still, t

Published 26 Oct, 2012 12:00am

New York Times misses third quarter revenue expectations

The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 12 percent. The newspaper company said that revenue was up almost 1 percent to $449 million. Still, t

Published 26 Oct, 2012 12:00am

Unilever sales spruced up by China demand

Unilever's quarterly sales growth beat forecasts as demand for cleaning and personal care products in China helped the consumer goods group outshine larger rival Nestle. Shares in the maker of Dove soap and Cif cleaners climbed on Thursday to equal their

Published 26 Oct, 2012 12:00am

Unilever sales spruced up by China demand

Unilever's quarterly sales growth beat forecasts as demand for cleaning and personal care products in China helped the consumer goods group outshine larger rival Nestle. Shares in the maker of Dove soap and Cif cleaners climbed on Thursday to equal their

Published 26 Oct, 2012 12:00am

'Worst over' as South Africa gold miners sign pay deal

Striking South African gold miners have signed a pay deal to end months of often violent labour unrest that has cost the economy at least $1.2 billion, the country's main mining union and mine owners said Thursday. "The worst in the gold sector is over,"

Published 26 Oct, 2012 12:00am

Deposits in Greek, Spanish banks rise in September: ECB

Consumers and firms put money back into Spanish and Greek banks in September, European Central Bank data showed, ending a run of declines driven by concerns about both countries' finances. Private-sector deposits at Spanish banks rose to 1.505 trillion eu

Published 26 Oct, 2012 12:00am

Deposits in Greek, Spanish banks rise in September: ECB

Consumers and firms put money back into Spanish and Greek banks in September, European Central Bank data showed, ending a run of declines driven by concerns about both countries' finances. Private-sector deposits at Spanish banks rose to 1.505 trillion eu

Published 26 Oct, 2012 12:00am

Ford axes British plants in massive European shake-out

US auto giant Ford, a day after announcing the closure of a key plant in Belgium, said Thursday it will shut down two British factories as well in a bid to steer its European operations back to profit. Ford had already revealed plans Wednesday to close it

Published 26 Oct, 2012 12:00am

US business investment stalls as 'fiscal cliff' looms

US business investment showed signs of stalling in September, an indication that worries over a possible sharp tightening in the federal budget are already weighing on the economy. Other data on Thursday showed the number of Americans filing new claims fo

Published 26 Oct, 2012 12:00am

Nikkei hits four-week high

Japan's Nikkei average rose to a four-week closing high on Thursday, lifted by exporters as the yen weakened on growing expectations that the Bank of Japan would further ease monetary policy next week. A 5.5 percent jump in KDDI Corp on expectations that

Published 26 Oct, 2012 12:00am

Thursday's early afternoon trade: stocks move up; P&G jumps

Wall Street edged up on Thursday, retreating from session highs as investors were wary of betting aggressively after the S&P 500's worst five-day stretch since May and the data sent more tepid signals on the economy. Business investment showed signs of st

Published 26 Oct, 2012 12:00am

Wall Street falls after tepid earnings, steady Fed

US stocks ended lower for a second day on Wednesday, as investors soured on another round of underwhelming corporate results and the Federal Reserve said it would stick to its stimulus plan until the job market improves. The S&P 500 has lost 3.6 percent o

Published 26 Oct, 2012 12:00am

Indian stocks gain; Mahindra & Mahindra rallies

Indian shares edged higher on Thursday as Mahindra & Mahindra advanced after its quarterly earnings beat analyst estimates, while ICICI Bank rose ahead of it results on Friday. Indian shares were also helped as global shares recovered from a recent slide

Published 26 Oct, 2012 12:00am

Treasuries slip after Fed stands pat

Prices of US Treasuries slid on Wednesday as the Federal Reserve held its course on monetary policy and appetite for low-risk assets waned after data from China pointed to strengthening growth. The Fed stuck to its plan to keep stimulating the US economy

Published 26 Oct, 2012 12:00am

Treasuries slip after Fed stands pat

Prices of US Treasuries slid on Wednesday as the Federal Reserve held its course on monetary policy and appetite for low-risk assets waned after data from China pointed to strengthening growth. The Fed stuck to its plan to keep stimulating the US economy

Published 26 Oct, 2012 12:00am

Hong Kong shares eke out 10th straight gain; China sinks

Hong Kong shares eked out a tenth straight gain on Thursday, but a rally that has taken the Hang Seng Index to 2012 highs showed signs of fatigue as investors took profits on outperformers. The Hang Seng Index ended up 0.2 percent at 21,810.2 points, its

Published 26 Oct, 2012 12:00am

Sanofi, Unilever nudge European shares up

European shares edged up after reassuring updates from drugmaker Sanofi and consumer goods group Unilever, although some traders said euro zone concerns would curb further gains. The FTSEurofirst 300 index closed up 0.2 percent at 1,095.90 points. However

Published 26 Oct, 2012 12:00am

Taiwan stocks down

Taiwan stocks closed down 0.72 percent on Thursday, joining other regional bourses in lacklustre trading as the shadow of poor company earnings hung over sentiment, with panel makers the top decliners. The main TAIEX index fell 52.80 points to 7,262.08. T

Published 26 Oct, 2012 12:00am

Most Southeast Asian indices rebound

Most Southeast Asian stock indices eked out small gains on Thursday amid buying in large caps with low valuations, with Malaysia paring losses to end at an all-time high as investors built up positions in stocks with favourable earnings results. The regio

Published 26 Oct, 2012 12:00am

Seoul shares up

South Korean shares closed higher on Thursday after Hyundai Motor Co reported third quarter earnings that met market expectations. The Korea Composite Stock Price Index (KOSPI) closed up 0.55 percent at 1,924.50 points, snapping a run of four losing sessi

Published 26 Oct, 2012 12:00am

UK stocks flat as earnings counter UK growth

Britain's top share index was fractionally higher on Thursday as gains by banks on strong UK GDP figures were countered by some mixed corporate earnings. Banks added 0.8 percent on news that Britain pulled out of recession in the third quarter, with its s

Published 26 Oct, 2012 12:00am

Sterling shines after strong GDP data

Sterling rose to a two week high against the euro on Thursday after the UK economy grew far more than expected in the third quarter, denting expectations of further monetary easing from the Bank of England. However, analysts warned its gains may be short-

Published 26 Oct, 2012 12:00am

Dollar rises in Asia

The dollar hit a four-month high versus the yen on Thursday as expectations for more Bank of Japan monetary easing kept the yen under pressure. The dollar rose to as high as 80.14 yen on trading platform EBS, its highest level since late June, and last st

Published 26 Oct, 2012 12:00am

Yen weakens broadly

The dollar hit a four-month high against the yen on Thursday as expectations the Bank of Japan will ease monetary policy next week weighed on the Japanese currency. The greenback rose 0.5 percent to 80.210 on the EBS trading platform, its highest since Ju

Published 26 Oct, 2012 12:00am

Early trade in New York: Dollar hits four-month high versus yen

The dollar hit a four-month high against the yen on Thursday as a rise in Treasury yields and expectations the Bank of Japan will ease monetary policy next week had investors broadly selling the Japanese currency. The greenback has gained about 2.9 percen

Published 26 Oct, 2012 12:00am

Dollar holds gains

The dollar held gains against the euro on Wednesday after the Federal Reserve delivered no surprises at its policy meeting, sticking to its stimulus plan to boost a still sluggish US economy and keeping rates low for some time. The Fed said it is keeping

Published 26 Oct, 2012 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday: 81.20-81.22 (previous 81.20-81.22). Call Money Rates: 10.00-10.00 percent (previous 06.00-10.00 percent.

Published 26 Oct, 2012 12:00am

Inflow hopes lift Asia currencies

Most emerging Asian currencies rose on Thursday, helped by growing hopes for increased inflows amid signs of the United States' and China economies stabilising, while expectations of further Bank of Japan easing added support. The South Korean won hit a n

Published 26 Oct, 2012 12:00am

Indian rupee gains

The Indian rupee rose on Thursday, ending a holiday-shortened week with its first weekly gain in three, as a revival in global demand for risk prompted foreign banks to sell the greenback, but dollar demand from oil refiners limited bigger gains. "Asian c

Published 26 Oct, 2012 12:00am

Yuan surges to new all-time record high

China's yuan closed at a record high on Thursday after hitting the strong-side limit of the central bank's daily trading band as a result of heavy demand as firms unwound long dollar positions built up in the first half of the year. The spot exchange rate

Published 26 Oct, 2012 12:00am

Sun TV wins Hyderabad IPL team

Regional television network Sun TV on Thursday won an auction to buy the Indian Premier League team based in Hyderabad after the cash-strapped Deccan Chronicle group was forced to sell. Sun TV, owned by the Chennai-based Maran group, put in the highest bi

Published 26 Oct, 2012 12:00am

Mathews named Sri Lanka's T20 captain

All-rounder Angelo Mathews has been named as Sri Lanka's new Twenty20 captain for one year, the national selectors announced on Thursday. The 25-year-old replaced prolific batsman Mahela Jayawardene, who stepped down after Sri Lanka's defeat by the West I

Published 26 Oct, 2012 12:00am

South Africa to pay $53 million to host Africa Cup

South Africa on Thursday said it will spend 461 million rand ($53 million, 41 million euros) to stage the Africa Cup of Nations next year but denied it was a "vanity project" in tough economic times. South Africa stepped in after the football showcase was

Published 26 Oct, 2012 12:00am

Saleem Malik seeks batting coach job

Former skipper Saleem Malik, who was banned by Pakistan Cricket Board (PCB) in 2000, has moved his application to the Board for the prestigious slot of batting coach of Pakistan cricket team. Malik was banned by PCB after a judicial inquiry conducted by J

Published 26 Oct, 2012 12:00am

Nadal pulls out of Paris and London

World tennis number four Rafa Nadal has pulled out of the Paris Masters and the ATP World Tour finals in London as he is still recovering from his left knee injury, the ATP said on Thursday. The 11-times grand-slam singles champion has not played since he

Published 26 Oct, 2012 12:00am

Li Na keeps semi-final hopes alive

Li Na kept alive her hopes of reaching the semi-finals of the WTA Championships with a resilient and polished performance in a straight sets win over Angelique Kerber on Thursday. The former French Open champion from China's 6-4, 6-3 win over the hard-wor

Published 26 Oct, 2012 12:00am

Paire eager for dream clash with Federer

France's Benoit Paire defeated Polish qualifier Lukasz Kubot 6-4, 6-4 on Thursday to set up a dream quarter-final against Roger Federer at the Swiss Indoors. World number one and five-time tournament winner Federer will be playing at home in his Swiss str

Published 26 Oct, 2012 12:00am

Real among big guns left reeling by defeats

Real Madrid, Manchester City, Arsenal and AC Milan suffered painful Champions League defeats on Wednesday which complicated their chances of progressing from an increasingly intriguing group stage. German sides shone the brightest as Bundesliga champions

Published 26 Oct, 2012 12:00am

WikiLeaks releases new tranche of US military documents

Julian Assange's WikiLeaks website on Thursday started publishing more than 100 US Department of Defence documents including the first prisoner treatment manual for Guantanamo Bay. The latest release by the anti-secrecy site comes as Assange, who faces ch

Published 26 Oct, 2012 12:00am

European parliament rejects Mersch for ECB board

The European Parliament rejected the nomination of Luxembourg's Yves Mersch to the European Central Bank's executive board on Thursday on the grounds that insufficient effort had been made to find a suitable woman for the post. In a vote of the full parli

Published 26 Oct, 2012 12:00am

New crew docks with ISS: Russia

A new crew of two Russians and one American successfully docked with the International Space Station (ISS) Thursday, Russian mission control said. The Soyuz capsule with Russian cosmonauts Oleg Novitskiy and Evgeny Tarelkin and NASA's Kevin Ford docked wi

Published 26 Oct, 2012 12:00am

UK awards record North Sea licences, ups oil reserves

Britain on Thursday awarded one of its highest ever number of licences to drill oil and gas wells in the North Sea and said it had 5 percent more oil reserves than previously thought. BP, Shell, Total and Centrica were among winners of 167 new licences to

Published 26 Oct, 2012 12:00am

Iran filling nuclear bunker with centrifuges: diplomats

Iran appears to have nearly finished installing centrifuges at its underground nuclear plant, Western diplomats say, potentially boosting its capacity to make weapons-grade uranium if it chose to do so. Iran only disclosed the existence of the Fordow plan

Published 26 Oct, 2012 12:00am

Three foreigners die in Himalayas: Nepal police

An Israeli and two Europeans died trekking in the Himalayas on Thursday, Nepal police said, adding to a spiralling toll in one of the worst recent years for the world's highest mountain range. The 25-year-old Israeli man fell from a bridge while in separa

Published 26 Oct, 2012 12:00am

Curfew imposed after Hindu-Muslim clashes in Indian city

Police imposed a curfew Thursday after Hindu-Muslim clashes during the Indian festival season in the state of Uttar Pradesh, near where deadly religious riots flared 20 years ago. The curfew was clamped on parts of Faizabad city following communal violenc

Published 26 Oct, 2012 12:00am

Colin Powell endorses Obama

Former US secretary of state Colin Powell Thursday endorsed President Barack Obama's bid for re-election. The Republican who used to be chairman of the joint chiefs of staff said, "I voted for him in 2008, and I plan to stick with him in 2012." He spoke i

Published 26 Oct, 2012 12:00am

Obama team plays down profane jibe about Romney

Barack Obama's campaign team urged reporters not to get "distracted" by a word on Thursday after the US president was quoted using a profane term to tag rival Mitt Romney as dishonest. Obama communications director Dan Pfeiffer did not deny Obama had used

Published 26 Oct, 2012 12:00am

Hurricane Sandy kills 3 so far, heads to Bahamas

Hurricane Sandy barreled toward the Bahamas Thursday as a powerful category two storm, after battering Jamaica, Haiti and Cuba and claiming three lives so far. The US-based National Hurricane Center said the storm was packing winds of up to 105 miles (165

Published 26 Oct, 2012 12:00am

Staff end strike at India's ailing Kingfisher

Staff at India's Kingfisher airline, whose fleet has been grounded since October 1, have agreed to end their strike over unpaid wages and return to work, the company's chief executive said on Thursday. Kingfisher planes will however be unable to return to

Published 26 Oct, 2012 12:00am

Pope's butler to be jailed case closed; pardon possible says Vatican

Pope Benedict XVI's butler was to be imprisoned in a Vatican police cell Thursday after the prosecution decided not to appeal against his 18-month prison sentence for leaking papal documents, the Vatican said. Gabriele, 46, married with three children and

Published 26 Oct, 2012 12:00am

Syrian army declares conditional Eid cease-fire

Syria's army command announced a cease-fire on Thursday to mark Eidul Azha but said it reserved the right to respond to any rebel attack or moves to reinforce President Bashar al-Assad's armed foes. A Free Syrian Army commander gave qualified backing to t

Published 26 Oct, 2012 12:00am

US coordinates weapon deliveries to Syria rebels: Russia

Russia on Thursday accused Washington of "co-ordinating" deliveries of arms to Syrian rebels, despite assurances by the State Department that the United States provides no lethal assistance. "Washington is aware of the deliveries of various weapons to ill

Published 26 Oct, 2012 12:00am

France seeks to set Algerian remembrance date

France made a new attempt on Thursday to fix an annual day of remembrance for those who died in the 1954-62 Algerian war and independence struggles in Morocco and Tunisia that ended more than a century of French colonial rule. The Socialist-controlled Sen

Published 26 Oct, 2012 12:00am

Kiev blames foreign forces for activist's disappearance

Ukraine said Thursday that "security agencies of other countries" appeared to have orchestrated the disappearance of a Russian opposition activist, who said he was kidnapped and forcibly taken to Moscow. "Most likely it was security officials or security

Published 26 Oct, 2012 12:00am

Clinton, EU top diplomat voice concerns over Ukraine vote

US Secretary of State Hillary Clinton and the EU's top diplomat Catherine Ashton on Thursday expressed worry over disturbing trends in Ukraine ahead of a weekend legislative poll. "We are concerned about reports of the use of administrative resources to f

Published 26 Oct, 2012 12:00am

Four inmates charged for deadly prison blast in South Africa

South African police said Thursday they have charged four prisoners awaiting trial for the deadly attempted break-out in which explosives were used to blow up a bus transporting them from court. The blast killed three inmates on Monday as their vehicle ap

Published 26 Oct, 2012 12:00am

Libyan suspect in US envoy attack killed in Cairo

A Libyan militant suspected by Egypt of involvement in last month's attack on the US consulate in Libya has been killed during a raid by Egyptian security forces in Cairo, a security official said on Thursday. The Libyan was killed on Wednesday in a raid

Published 26 Oct, 2012 12:00am

FBI team arrives to help Lebanon probe blast

A US investigation team arrived in Beirut on Thursday and began gathering evidence at the scene of a bombing that killed the country's police intelligence chief, the Lebanese interior minister said. "The Federal Bureau of Investigation team is at the scen

Published 26 Oct, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 18	277.72
USD PKR Interbank Buying / Oct 18	277.52
USD to Japanese Yen / Oct 18	149.53
USD to Swiss Franc / Oct 18	0.86
Pound Sterling to USD / Oct 18	1.67
Euro to USD / Oct 18	1.09

Stock	Volume
S&P 500 / Oct 18	5,864.67
India Sensex / Oct 18	81,224.75
Tokyo Nikkei / Oct 18	38,981.75
Nasdaq / Oct 18	18,489.55
Hang Seng / Oct 18	20,804.11
FTSE 100 / Oct 18	8,385.25
Dow Jones / Oct 18	43,275.91
Germany DAX 30 / Oct 18	19,657.37

Item	Value
Crude Oil USD/Barrel / Oct 18	69.22
Karachi Cotton PKR/37.32 KG / Oct 18	17,885
Gold 10 Grams PKR / Oct 18	240,826
Gold Spot USD/Ounce / Oct 18	2,721.46
Cotton US¢/pound / Oct 18	70.99
Petrol/Litre / Oct 19	247.03

Stock	Price
786 Invest Ltd / Oct 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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