News Archives for Print - 2012-11-02

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 (November 01, 2012).

Published 02 Nov, 2012 12:00am

Ogra works out new formula

The Oil and Gas Regulatory Authority (Ogra) has worked out a new formula for the fixation of CNG prices. According to the new formula, the authority has fixed production cost of the commodity at Rs 5.75 per kg and reduced profit margin from Rs 11.2 per kg

Published 02 Nov, 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 (November 01, 2012).

Published 02 Nov, 2012 12:00am

Ogra works out new formula

The Oil and Gas Regulatory Authority (Ogra) has worked out a new formula for the fixation of CNG prices. According to the new formula, the authority has fixed production cost of the commodity at Rs 5.75 per kg and reduced profit margin from Rs 11.2 per kg

Published 02 Nov, 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 (November 01, 2012).

Published 02 Nov, 2012 12:00am

Ogra works out new formula

The Oil and Gas Regulatory Authority (Ogra) has worked out a new formula for the fixation of CNG prices. According to the new formula, the authority has fixed production cost of the commodity at Rs 5.75 per kg and reduced profit margin from Rs 11.2 per kg

Published 02 Nov, 2012 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (November 01, 2012).

Published 02 Nov, 2012 12:00am

Supreme Court stays CNG price till November 19

The Supreme Court on Thursday stayed the prevailing price of Compressed Natural Gas (CNG) till November 19 and observed that determining prices of petroleum products was Oil and Gas Regulatory Authority''s (Ogra) sole preserve.

Published 02 Nov, 2012 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (November 01, 2012).

Published 02 Nov, 2012 12:00am

Supreme Court stays CNG price till November 19

The Supreme Court on Thursday stayed the prevailing price of Compressed Natural Gas (CNG) till November 19 and observed that determining prices of petroleum products was Oil and Gas Regulatory Authority's (Ogra) sole preserve.

Published 02 Nov, 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 (November 01, 2012).

Published 02 Nov, 2012 12:00am

Supreme Court stays CNG price till November 19

The Supreme Court on Thursday stayed the prevailing price of Compressed Natural Gas (CNG) till November 19 and observed that determining prices of petroleum products was Oil and Gas Regulatory Authority's (Ogra) sole preserve.

Published 02 Nov, 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 (November 01, 2012).

Published 02 Nov, 2012 12:00am

Launch of tax amnesty scheme delayed

The tax amnesty scheme of the Federal Board of Revenue (FBR) requires improvements to more appropriately cover all aspects of documentation and legalisation of un-explained source of assets and income. A senior official of the Finance Ministry said here o

Published 02 Nov, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (November 01, 2012).

Published 02 Nov, 2012 12:00am

Launch of tax amnesty scheme delayed

The tax amnesty scheme of the Federal Board of Revenue (FBR) requires improvements to more appropriately cover all aspects of documentation and legalisation of un-explained source of assets and income. A senior official of the Finance Ministry said here o

Published 02 Nov, 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 02 Nov, 2012 12:00am

Launch of tax amnesty scheme delayed

The tax amnesty scheme of the Federal Board of Revenue (FBR) requires improvements to more appropriately cover all aspects of documentation and legalisation of un-explained source of assets and income. A senior official of the Finance Ministry said here o

Published 02 Nov, 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 02 Nov, 2012 12:00am

At least 23 killed in Riyadh fuel truck blast

At least 23 people were killed when a fuel truck crashed into a flyover in the Saudi capital Riyadh on Thursday, triggering an explosion that brought down an industrial building and torched nearby vehicles, officials and state media said. Health ministry

Published 02 Nov, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (November 01, 2012).

Published 02 Nov, 2012 12:00am

At least 23 killed in Riyadh fuel truck blast

At least 23 people were killed when a fuel truck crashed into a flyover in the Saudi capital Riyadh on Thursday, triggering an explosion that brought down an industrial building and torched nearby vehicles, officials and state media said. Health ministry

Published 02 Nov, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 02 Nov, 2012 12:00am

Karachi unrest: Supreme Court proposes sending rangers back to borders

The overall number of outlaws released by Sindh government on parole is 228, IG Sindh for Prisons, Zafar Bukhari, told a larger bench of Supreme Court headed by Justice Anwar Zaheer Jamali on Thursday. The court also raised questions about the performance

Published 02 Nov, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 02 Nov, 2012 12:00am

Karachi unrest: Supreme Court proposes sending rangers back to borders

The overall number of outlaws released by Sindh government on parole is 228, IG Sindh for Prisons, Zafar Bukhari, told a larger bench of Supreme Court headed by Justice Anwar Zaheer Jamali on Thursday. The court also raised questions about the performance

Published 02 Nov, 2012 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Nov, 2012 12:00am

Death toll up, gasoline lines grow in monster storm's wake

New Yorkers awoke to the rumble of subway trains for the first time in four days on Thursday and the death toll continued to rise from the former hurricane Sandy, one of the biggest and most devastating storms ever to hit the United States. Lines formed a

Published 02 Nov, 2012 12:00am

Dana creditors talk tough after Islamic bond miss

The United Arab Emirates' Dana Gas failed to repay a $920 million Islamic bond on maturity, prompting a source close to holders of the bond to say they will stake claim to the natural gas producer's extensive Egyptian assets. Dana, a leading Middle East n

Published 02 Nov, 2012 12:00am

Death toll up, gasoline lines grow in monster storm's wake

New Yorkers awoke to the rumble of subway trains for the first time in four days on Thursday and the death toll continued to rise from the former hurricane Sandy, one of the biggest and most devastating storms ever to hit the United States. Lines formed a

Published 02 Nov, 2012 12:00am

Dana creditors talk tough after Islamic bond miss

The United Arab Emirates' Dana Gas failed to repay a $920 million Islamic bond on maturity, prompting a source close to holders of the bond to say they will stake claim to the natural gas producer's extensive Egyptian assets. Dana, a leading Middle East n

Published 02 Nov, 2012 12:00am

Patel stakes Test claim with century

Samit Patel hit a century on Thursday to make a strong bid for selection in England's team for the first Test against India in Ahmedabad from November 15. The stocky all-rounder made 104 to steer the tourists to 426 in their first innings on the final day

Published 02 Nov, 2012 12:00am

Chelsea beat United 5-4, holders Liverpool out

Chelsea came from behind three times to overhaul Manchester United 5-4 after extra time and book a spot in the League Cup quarter-finals on Wednesday, earning sweet revenge for Sunday's controversial 3-2 league defeat. Holders Liverpool, fielding a weaken

Published 02 Nov, 2012 12:00am

Smith joins Surrey as captain

South Africa cricket captain Graeme Smith has joined Surrey as their new skipper, the English county announced on Thursday, in a move that will prompt fresh speculation about his international future. Smith, currently leading the Proteas on their tour of

Published 02 Nov, 2012 12:00am

Sri Lanka-New Zealand ODI abandoned due to rain

The Opening one-day international between Sri Lanka and New Zealand was called off without a ball being bowled due to rain in Pallekele on Thursday. Colombo will host the next two One-dayers of the five-match series on November 4 and 6 and Hambantota the

Published 02 Nov, 2012 12:00am

Eight indicted after Serbia-England U21 brawl

Serbian prosecutors have indicted eight people, including four Serbian players, for their role in scuffles at the end of a under-21 European championship qualifying match, a legal source told AFP on Thursday. Four Serbian players, an assistant coach and t

Published 02 Nov, 2012 12:00am

Real Madrid ease to first-leg win in Cup

A double by Karim Benzema and goals from Kaka and Jose Rodriguez saw Real Madrid to a 4-1 first-leg victory at Alcoyano on Wednesday and barring a major shock in the return leg a place in the Last 16 of the Spanish Cup. Jose Mourinho turned to reserve tea

Published 02 Nov, 2012 12:00am

Djokovic crashes out as Murray eases through

Novak Djokovic crashed out of the Paris Masters in his first match, losing 0-6, 7-6 (7/5), 6-4 to American journeyman Sam Querrey on Wednesday. Third seed Andy Murray took full advantage of the situation at the last event of the ATP regular season before

Published 02 Nov, 2012 12:00am

Punjab chief minister opens newly-built hockey stadium

Punjab Chief Minister, Shahbaz Sharif inaugurated the newly constructed state-of-the-art hockey stadium with astro-turf in Johar Town, here on Thursday. Deputy Speaker, Rana Mashhood Ahmad Khan, Chaudhry Akhtar Rasool, Member Assembly Naseer Bhutta, Saifu

Published 02 Nov, 2012 12:00am

Alonso and Ferrari to push Red Bull to limit

Fernando Alonso said on Thursday that he and his Ferrari team plan to push defending champion Sebastian Vettel and Red Bull to breaking point at this weekend's Abu Dhabi Grand Prix. The 32-year-old Spaniard said he remained 100 per cent confident of winni

Published 02 Nov, 2012 12:00am

PFF honours Guinness World Record holder

Football Heading World Record set by Daniel Gill and Qamar Rizwan during the Punjab Youth Festival has given a message to the entire world that our youth is capable enough to achieve the task whatever it will be assigned and prove the world that there is

Published 02 Nov, 2012 12:00am

Asia Cup Kabaddi Tournament begins: Pakistan win exhibition match

President of Pakistan Kabaddi Federation, Chaudhry Shujaat Hussain on Thursday welcomed the Kabaddi teams from India, Sri Lanka, Bangladesh, Afghanistan, Iran and host Pakistan who are taking part in the tournament on behalf of the Federation. Talking to

Published 02 Nov, 2012 12:00am

Zaka welcomes Pak-India cricket series schedule

Pakistan Cricket Board (PCB) Chairman Chaudhry Zaka Ashraf welcomed the announcement of Pak-India series schedule and said that the series was long due. Talking to reporters, Zaka said: "This is great news for the peoples of both Pakistan and India. You c

Published 02 Nov, 2012 12:00am

Southeast Asian stocks mostly lower

Southeast Asian stocks were mostly lower on Thursday, in line with weakness in other Asian markets, with Singapore led down by cyclical commodity firms such as Noble Group Ltd and Indonesia falling further from a recent record peak. Singapore's Straits Ti

Published 02 Nov, 2012 12:00am

Thursday's early afternoon trade: Wall Street rallies

US stocks shot higher on Thursday, boosted by bullish job market and consumer confidence data as trading continued to return to normal following storm Sandy's devastating sweep through the US North East. Volume was near average, with more than 3 billion s

Published 02 Nov, 2012 12:00am

US stocks flat, tech shares dip after Sandy shutdown

The US stock market slowly returned to life on Wednesday after two days in the dark, in the wake of the massive storm Sandy that caused the market's first weather-related two-day closure since the late 19th century. The Dow and the S&P 500 closed little c

Published 02 Nov, 2012 12:00am

Kuwait index sinks to eight-year low; most Gulf markets up

Intensifying political turmoil in Kuwait, where police used teargas to disperse protesters a day earlier, triggered another sell-off on the country's main index on Thursday, dragging it down to its lowest level since August 2004. Most other Gulf bourses e

Published 02 Nov, 2012 12:00am

Taiwan stocks up

Taiwan stocks recovered from losses in early trading to end up 0.19 percent on Thursday, with LCD makers and computer makers the top gainers, up 2.88 percent and 1.52 percent respectively. The main TAIEX index rose 13.59 points to 7,179.64, after opening

Published 02 Nov, 2012 12:00am

Treasuries climb

US Treasury debt prices rose on Wednesday on month-end extension trading as markets resumed operation following a huge storm in the US Northeast that shut the bond market for a day and a half. Traders said portfolio managers were buying Treasury debt to a

Published 02 Nov, 2012 12:00am

Treasuries climb

US Treasury debt prices rose on Wednesday on month-end extension trading as markets resumed operation following a huge storm in the US Northeast that shut the bond market for a day and a half. Traders said portfolio managers were buying Treasury debt to a

Published 02 Nov, 2012 12:00am

Indian shares up

Indian shares provisionally ended higher for a second session on Thursday, led by gains in auto shares on higher-than-expected October vehicle sales, while technology firm Wipro Ltd rose after saying it will separate its non-IT units to focus on outsourci

Published 02 Nov, 2012 12:00am

Nikkei ticks up; Panasonic plunges

Japan's Nikkei average edged up on Thursday as a pick-up in Chinese manufacturing helped heavy machinery makers and shippers, offsetting weakness in Panasonic Corp. China-related shares such as construction equipment makers Komatsu Ltd and Hitachi Constru

Published 02 Nov, 2012 12:00am

China shares buck Asia weakness, spur Hong Kong to highest 2012 close

Mainland Chinese shares posted their strongest daily gains in more than three weeks on Thursday, boosting Hong Kong stocks, following positive China economic data and a report that local governments were easing restrictions on property purchases. Gains in

Published 02 Nov, 2012 12:00am

European shares spurred on by earnings, macro data

Investors set aside growth worries as European shares clawed back the previous session's losses on Thursday, buoyed by corporate earnings and better macro economic data in China and the United States. The FTSEurofirst closed up 13.61 points, or 1.2 percen

Published 02 Nov, 2012 12:00am

UK shares open November with biggest gain in a month

Britain's blue-chip index made its biggest single session gain in four weeks on Thursday as a number of firms posted solid results and investors took on fresh bets at the start of a new month. The FTSE 100 index closed up 79.22 points at 5,861.92, a rise

Published 02 Nov, 2012 12:00am

Australian and New Zealand dollars steady

The Australian and New Zealand dollars held steady on Thursday, overlooking data showing signs of a recovery in the Chinese economy with markets cautious ahead of an influential US jobs report due out later this week. The Aussie paused near $1.0371, versu

Published 02 Nov, 2012 12:00am

Indian rupee stays up

The Indian rupee rose for a third successive session on Thursday, driven by foreign fund inflows, with the currency likely to witness ranged trading in the absence of any major domestic cues. The Indian unit has found support in recent sessions, including

Published 02 Nov, 2012 12:00am

Yen dips in Asia

The yen dipped on Thursday, edging closer to a four-month low on Japanese importers' selling the currency and as the market viewed the Bank of Japan's latest easing steps more positively. Other major currencies were mostly steady as investors looked to cr

Published 02 Nov, 2012 12:00am

Yen falls versus dollar

The yen slid against the dollar on Thursday, edging closer to a four-month low on the back of an increasingly grim outlook for the Japanese economy and importers selling the currency. Traders said many investors were seeking to buy the dollar on any dip i

Published 02 Nov, 2012 12:00am

Early trade in New York: euro slips against dollar

The euro slipped against the dollar on Thursday after a Greek court ruled the country's pension reform demanded by foreign lenders may be unconstitutional, stoking worries about Athens' ability to implement austerity measures needed to secure aid.

Published 02 Nov, 2012 12:00am

Euro remains up versus dollar, yen in New York

The euro drifted higher against the dollar and yen on Wednesday and posted its third straight month of gains, but uncertainty about the heavily indebted euro-zone economies could limit further strength. Gains in equity markets early in the day lifted the

Published 02 Nov, 2012 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday: 81.30-81.40 (previous 81.20-81.26). Call Money Rates: 09.75-10.00 percent (previous 09.75-10.00 percent).

Published 02 Nov, 2012 12:00am

Sterling climbs

Sterling rose to its highest in a month against a basket of currencies on Thursday as a weaker-than-expected manufacturing survey did little to dent cautious optimism about the UK economy. Traders said the pound was also lifted by demand from UK companies

Published 02 Nov, 2012 12:00am

Yuan steadies

China's yuan steadied its recent rise on Thursday, despite hitting the strong side boundary for the third straight day, as the central bank set a weaker fix against the dollar. The People's Bank of China set its midpoint at 6.3017 per dollar, slightly wea

Published 02 Nov, 2012 12:00am

Asian currencies weaken

Asian currencies were weaker on Thursday as investors cut bullish positions ahead of US jobs data, even though the top economies of the region, China and South Korea, reported positive data after a year battling global headwinds. Investors had already pri

Published 02 Nov, 2012 12:00am

Refining underpins Shell third quarter as output stalls

World No 2 oil company Royal Dutch Shell struggled to deliver production growth in the third quarter and warned it was seeing signs of economic weakness "all around us". Underlying net profit fell 6 percent but came in ahead of investor expectations thank

Published 02 Nov, 2012 12:00am

Refining underpins Shell third quarter as output stalls

World No 2 oil company Royal Dutch Shell struggled to deliver production growth in the third quarter and warned it was seeing signs of economic weakness "all around us". Underlying net profit fell 6 percent but came in ahead of investor expectations thank

Published 02 Nov, 2012 12:00am

China grants 95 percent tariff discount for Angolan exports

China has granted a 95 percent tariff discount to exports coming from oil-rich Angola, officials said Thursday, after the signing of a new round of trade deals. Previously Angola exports entered China with a 65 percent discount from normal tariff rates.

Published 02 Nov, 2012 12:00am

Clegg warns UK risks sliding to EU exit

Britain faces a crisis that could end with the world's sixth largest economy leaving the European Union, Deputy Prime Minister Nick Clegg warned ahead of a showdown over budget spending with other states in the 27-member bloc. A day after Prime Minister D

Published 02 Nov, 2012 12:00am

Mis-sold loan insurance costs Lloyds another 1 billion sterling

Lloyds Banking Group took another 1 billion pound ($1.6 billion) hit to compensate customers mis-sold loan insurance, taking its charge for the scandal to 5.3 billion and dragging it to a third-quarter loss. Britain's biggest retail bank had already set a

Published 02 Nov, 2012 12:00am

Honda marks 30 years of US production with 200 new jobs

Japanese automaker Honda marked its 30th anniversary of building vehicles in the United States with a $200 million investment that will create 200 jobs at Ohio engine and transmission plants. That will bring to $12.5 billion the amount Honda has invested

Published 02 Nov, 2012 12:00am

Honda marks 30 years of US production with 200 new jobs

Japanese automaker Honda marked its 30th anniversary of building vehicles in the United States with a $200 million investment that will create 200 jobs at Ohio engine and transmission plants. That will bring to $12.5 billion the amount Honda has invested

Published 02 Nov, 2012 12:00am

Exxon quarterly profit falls, output tumbles

Exxon Mobil Corp, the world's largest publicly traded oil company, reported a quarterly profit on Thursday that topped expectations, as higher margins from its refining arm countered a 7.5 percent decline in oil and gas output. Exxon and other global oil

Published 02 Nov, 2012 12:00am

Exxon quarterly profit falls, output tumbles

Exxon Mobil Corp, the world's largest publicly traded oil company, reported a quarterly profit on Thursday that topped expectations, as higher margins from its refining arm countered a 7.5 percent decline in oil and gas output. Exxon and other global oil

Published 02 Nov, 2012 12:00am

Murdoch re-elected to BSkyB board as profit climbs

James Murdoch was re-elected to the board of BSkyB on Thursday, ensuring his family's media empire retains a direct influence at Britain's biggest pay-TV company despite being weakened by a phone hacking scandal. James Murdoch, forced to quit as BSkyB cha

Published 02 Nov, 2012 12:00am

Rosneft doubles profits

Russia's oil champion Rosneft beat expectations on Thursday by doubling quarterly profits to $5.8 billion in advance of its controversial $61 billion acquisition of the private rival TNK-BP. The earnings report should help boost the confidence of one of t

Published 02 Nov, 2012 12:00am

Ford sets succession plan, Mulally staying through 2014

Ford Motor Co promoted long-time executive Mark Fields to chief operating officer as part of a management shuffle announced on Thursday that keeps Alan Mulally as chief executive for at least two more years. The plan, which stopped short of formally namin

Published 02 Nov, 2012 12:00am

India's telecom operators win spectrum concession

A panel of Indian ministers says telecom operators fighting the withdrawal by government of high quality airwaves will be allowed to keep some of their spectrum holdings, according to a government official. Market leaders Bharti Airtel and Vodafone's Indi

Published 02 Nov, 2012 12:00am

Retailers' holiday season to withstand Sandy effect

A handful of US retailers expect the massive storm on the US East Coast this week to hurt demand in November, while overall holiday sales should still show the slow growth that was previously forecast. Costco Wholesale Corp, Nordstrom Inc and Rite Aid Cor

Published 02 Nov, 2012 12:00am

US data points to slow healing in labour market

US companies added jobs in October at the fastest pace in eight months, a sign of modest healing in the labour market just days before a presidential election that could hinge on the economy. Other data on Thursday showed a sharp improvement in consumer c

Published 02 Nov, 2012 12:00am

Renowned architect Aulenti dies

World-renowned Italian architect Gae Aulenti, whose creations include the transformed Musee d'Orsay in Paris, has died at her home in Milan at the age of 84, her family said Thursday. Aulenti, who had been ill for some time, had made her last public appea

Published 02 Nov, 2012 12:00am

'World-first' surgery gives Australian boy new hope

Australian doctors Thursday hailed what they described as a world-first surgical treatment for a boy suffering from a rare disease that sends his blood pressure soaring and triggered a stroke. Matthew Gaythorpe, 10, has suffered severe hypertension his en

Published 02 Nov, 2012 12:00am

US election to cost $6 billion: study

US political campaigns will spend $6 billion in federal races this year, making the 2012 general election the most expensive poll in American history, experts said Wednesday. The presidential election pitting President Barack Obama against Republican chal

Published 02 Nov, 2012 12:00am

Obama, Romney back on attack as campaign hits final stretch

President Barack Obama and Republican Mitt Romney were back on the attack on Thursday, breaking a storm-induced campaign truce to hit the road and pound home their closing messages in the final stretch of a tight battle for the White House. With five days

Published 02 Nov, 2012 12:00am

One-in-four South Africans jobless, mine layoffs loom

South Africa's unemployment rate rose in the third quarter, with more than one in four out of work and unrest in the mining sector expected to drive that number higher still. The ruling African National Congress (ANC) has made job creation a priority, but

Published 02 Nov, 2012 12:00am

Record for planting trees set in India

Volunteers in India's mountainous desert region of Ladakh set a world record for most trees planted simultaneously when they set nearly 100,000 willow saplings into the earth, a newspaper reported Thursday. The plantation drive at the Hemis monastery near

Published 02 Nov, 2012 12:00am

At least 120 dead in Syrian fighting

At least another 120 people were killed in fighting across Syria on Thursday, opposition groups, including at least 53 soldiers killed in rebel attacks on military checkpoints. Of the total, 38 were killed in the northern province of Idlib, near the Syria

Published 02 Nov, 2012 12:00am

Cyclone Nilam kills 12 in south India

A cyclone that hit India's south-eastern coast killed 12 people before it weakened Thursday without causing serious damage to property, officials said. Cyclone Nilam, accompanied by heavy rains and winds at speeds of up to 100 kilometres per hour, made la

Published 02 Nov, 2012 12:00am

France honours Rai Bachchan

Indian Bollywood star Aishwarya Rai Bachchan was to be honoured by France on Thursday, her birthday, with a prestigious civilian award for her contribution to the arts, the French embassy said. Ambassador Francois Richier was due to confer the honour of K

Published 02 Nov, 2012 12:00am

Kuwait grants bail to former MP accused of insulting emir

Kuwaiti authorities freed a prominent opposition politician on bail on Thursday after charging him with insulting the ruling emir, accusations which his lawyer said were fabricated. Musallam al-Barrak, an outspoken former member of parliament, was picked

Published 02 Nov, 2012 12:00am

Mercury City Tower claims highest skyscraper title

Moscow is once again home to Europe's highest skyscraper, Mercury City Tower, development company Mercury said Thursday. The tower, still under construction in Moscow's emerging financial district, has topped out at 338 metres, 29 metres higher than the S

Published 02 Nov, 2012 12:00am

Israel 'admits 1988 killing of Abu Jihad'

Israel has for the first time admitted assassinating the PLO's former number two, Abu Jihad, in a raid on the movement's Tunis headquarters in 1988, a newspaper reported on Thursday. The report, published in Israel's top-selling Yediot Aharonot, said the

Published 02 Nov, 2012 12:00am

South Korea president's brother quizzed in land-deal probe

The brother of South Korean President Lee Myung-Bak appeared before a special prosecutor Thursday over alleged irregularities in a project to build the president's retirement home. Lee Sang-Eun, 79, was called to testify about a 600 million won ($542,000)

Published 02 Nov, 2012 12:00am

Makai, Juwar prices fall on grain market

Makai and Juwar prices were down on the wholesale grain market on Thursday in the process of modest trading, dealers said. On the cereals side, most of the commodity items tended lower as a result of easy supply, Makai shed Rs 2575 and Rs 2600, Juwar foll

Published 02 Nov, 2012 12:00am

Indian soya futures hit one-month high

Indian soyabean futures jumped more than 2 percent on Thursday, extending gains for another session to hit their highest level in more than a month, following strong leads in global markets, coupled with aggressive stocking by millers in the domestic mark

Published 02 Nov, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 71,779 tonnes of cargo comprising 57,567 tonnes of import cargo and 14,212 tonnes of export cargo including 3,482 loaded & empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 57,567

Published 02 Nov, 2012 12:00am

Canadian canola futures slip

ICE Canadian canola futures slipped on Wednesday in late selling, but the nearby contract posted its biggest monthly gain in six months. End of the month position squaring, including profit-taking, seen weighing down canola late. Canola underpinned by a l

Published 02 Nov, 2012 12:00am

Kirana items end mixed on Jodia Bazaar

The trading in Kirana items ended mixed on Jodia Bazaar here on Thursday. The following changes were noted.

Published 02 Nov, 2012 12:00am

Oil cake market rates

Contracts showed no change on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 444.50 and it opened with no variation at open, they said. The January contract ended at Rs 893.50 an

Published 02 Nov, 2012 12:00am

Spot rate up amid speculative buying

A kind of speculative buying was again witnessed on the cotton market on Thursday as mills and spinners were very active to cover their short-term needs, dealers said. Official spot rate, after maintaining a stable trend for many days, went up by Rs 50 to

Published 02 Nov, 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
Gold 10 Grams PKR / Oct 18	240,826
Gold Spot USD/Ounce / Oct 18	2,721.46
Cotton US¢/pound / Oct 18	70.99
Karachi Cotton PKR/37.32 KG / Oct 19	17,885
Petrol/Litre / Oct 20	247.03

Stock	Price
786 Invest Ltd / Oct 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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