News Archives for Print - 2012-11-12

Thousands of Kuwaitis protest voting rules ahead of December 1 poll

Tens of thousands of Kuwaitis packed into a square opposite parliament on Sunday in a peaceful opposition-led rally against new voting rules ahead of elections on December 1.

Published 12 Nov, 2012 12:00am

Poor nations dismayed by looming climate aid gap

Rich nations are dismaying developing countries with pledges merely to continue aid to help them combat climate change in 2013 despite past promises of a tenfold surge to $100 billion a year by 2020.

Published 12 Nov, 2012 12:00am

Iran warns US it will act firmly if airspace violated

Iran warned on Sunday it will react strongly against any US intrusion into its airspace after two of its warplanes fired at an American drone 10 days ago, the ISNA news agency reported.

Published 12 Nov, 2012 12:00am

Hezbollah-linked clashes: two Lebanese killed

Two Lebanese were killed in the southern city of Sidon on Sunday in a gunbattle between supporters of the Shiite movement Hezbollah and hard-line Sunni cleric Ahmed al-Assir, a security official said.

Published 12 Nov, 2012 12:00am

Trial of Libyan former Prime Minister to open on Monday

The trial of late dictator Moamer Qadhafi's last prime minister, Al-Baghdadi al-Mahmudi, is to open in the Libyan capital on Monday, the public prosecutor's spokesman said. "Al-Baghdadi al-Mahmudi will appear tomorrow (Monday) on the occasion of a first c

Published 12 Nov, 2012 12:00am

Israel fires warning shots at Syria over Golan shelling

Israeli forces fired into Syria on Sunday in what the military called a warning, after stray munitions from fighting between Syrian troops and rebels hit the Israeli-occupied Golan Heights.

Published 12 Nov, 2012 12:00am

China to ramp up development on disputed island

China is to ramp up development on a disputed South China Sea island, a local government chief has said, in a move likely to stoke a growing territorial row with its neighbours.

Published 12 Nov, 2012 12:00am

Military cuts 'not on agenda' of US talks: Australia

Australia on Sunday sought to play down comments by a senior US official who said Washington planned to raise concerns about Canberra's falling military spending at talks this week between the allies.

Published 12 Nov, 2012 12:00am

US here to seize region's resources: JUI-F chief

The United States wants to control this region's politics and it is here to seize its resources, Chief of Jamiat Ulema-e-Islam (JUI-F) Fazlur Rehman claimed on Sunday. Addressing a conference titled 'Aalmi Ittehad Ummat-e-Muslima', Fazlur Rehman said that

Published 12 Nov, 2012 12:00am

People want employment, peace, energy instead of revolutions: Anwar

Provincial President Pakistan People's Party (PPP) and Member Provincial Assembly (MPA), Anwar Saifullah Khan said on Sunday that people of Khyber-Pakthunkhwa want employment, electricity, peace and development instead of revolutions.

Published 12 Nov, 2012 12:00am

'GIK wanted to have Benazir declared ineligible'

Ex-bureaucrat Roedad Khan said the then president Ghulam Ishaq Khan wanted to have former Prime Minister Benazir Bhutto declared ineligible and in this regard assigned him (Roedad) the task of her 'accountability'. Former Interior Secretary and a close fr

Published 12 Nov, 2012 12:00am

'Mango clinics to be set up at tehsil level'

Provincial Minister for Agriculture, Malik Ahmed Ali has said that mango clinics will be set up at tehsil level so that the mango growers could be provided facility of diagnosing the diseases of mango trees from mango research centres.

Published 12 Nov, 2012 12:00am

Supremacy of parliament is in best interest of country: Gondal

Federal Minister for Capital Administration and Development (CAD), Nazar Muhammad GondaL said on Sunday that Pakistan Peoples Party (PPP) government is working on the policy of reconciliation to evolve consensus on all issues and take practical steps for

Published 12 Nov, 2012 12:00am

KESC earns level 'A' rating from Global Reporting Initiative

Karachi Electric Supply Company (KESC), the country's largest integrated power utility, on Sunday announced that it has secured a level "A" rating from the Global Reporting Initiative (GRI) for its Integrated Sustainability Report for the year 2012. This

Published 12 Nov, 2012 12:00am

IDEAS 2012: 'Pakistan has great potential to export defence equipment'

Pakistan is offering some high tech air and ground equipment for sale and it showed that we had achieved self-sufficiency in many fields. Pakistan is a peace loving country and desires to live in harmony with all.

Published 12 Nov, 2012 12:00am

Sympathy for Sandy among Pakistan's forgotten flood victims

While the United States recovers from superstorm Sandy, away from the glare of the international media, five million Pakistanis are struggling to get by in the country's third successive year of massive floods.

Published 12 Nov, 2012 12:00am

Government will complete its five-year term: Naveed Qamar

The Minister for Defence Syed Naveed Qamar said that the government would complete its 5-year term which ends on March 18. "The elections will be called within 60 days after completion of this term. We hope the elections would be held by May 2013," he sai

Published 12 Nov, 2012 12:00am

Turkish Prime Minister's brief stopover at Karachi airport

Turkish Prime Minister Recep Tayyip Erdogan, enroute to Ankara from Brunai empire, had a short stay in Karachi on Saturday night. He was received by Sindh Minister for Local Government Agha Siraj Durrani at Karachi Airport and presented him the messages o

Published 12 Nov, 2012 12:00am

15 Indian fishermen freed

Pakistan on Sunday released 15 Indian fishermen from district jail Malir. The fishermen were arrested over violation of sea territorial limits. Cases were registered against them under foreign and fisheries acts at Docks police station.

Published 12 Nov, 2012 12:00am

USAID leaves Swat's fish farmers in limbo

The United States Agency for International Development (USAID) has left the fish farmers of the terrorism affected district Swat in disarray with leaving their fishery rehabilitation project incomplete.

Published 12 Nov, 2012 12:00am

Three held, narcotics seized

Police arrested three persons recovering narcotics from their possession in Hub area of Labella district. Police said on Sunday that acting on a tip off, police team conducted raid and caught three drug sellers including Shafi Muhammad, Muhammad Usman and

Published 12 Nov, 2012 12:00am

Saudi authorities declare PIA 'best Hajj airline'

The Saudi civil aviation authority has declared PIA as the 'best airline operator' among 74 international airlines operating from the Hajj terminal in that country.

Published 12 Nov, 2012 12:00am

China wealth fund eyes Asia as Western protectionism rises

China''''s sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.

Published 12 Nov, 2012 12:00am

China wealth fund eyes Asia as Western protectionism rises

China''s sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.

Published 12 Nov, 2012 12:00am

China wealth fund eyes Asia as Western protectionism rises

China's sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.

Published 12 Nov, 2012 12:00am

China wealth fund eyes Asia as Western protectionism rises

China's sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.

Published 12 Nov, 2012 12:00am

EgyptAir to let hostesses wear headscarves

EgyptAir is allowing its stewardesses to wear Islamic headscarves if they wish on flights to Arab states and will expand the practice to the rest of the network, an official said on Sunday, ending a restriction imposed in Hosni Mubarak''s era. It follows

Published 12 Nov, 2012 12:00am

EgyptAir to let hostesses wear headscarves

EgyptAir is allowing its stewardesses to wear Islamic headscarves if they wish on flights to Arab states and will expand the practice to the rest of the network, an official said on Sunday, ending a restriction imposed in Hosni Mubarak's era. It follows a

Published 12 Nov, 2012 12:00am

EgyptAir to let hostesses wear headscarves

EgyptAir is allowing its stewardesses to wear Islamic headscarves if they wish on flights to Arab states and will expand the practice to the rest of the network, an official said on Sunday, ending a restriction imposed in Hosni Mubarak's era. It follows a

Published 12 Nov, 2012 12:00am

Indian Prime Minister sees end of economic ''gloom and doom''

Indian Prime Minister Manmohan Singh has said the economic "gloom and doom" clouding the country in recent years has been dispelled and that he is determined to push ahead with further reforms. In a speech on Saturday evening in Mumbai, Singh said that in

Published 12 Nov, 2012 12:00am

Indian Prime Minister sees end of economic 'gloom and doom'

Indian Prime Minister Manmohan Singh has said the economic "gloom and doom" clouding the country in recent years has been dispelled and that he is determined to push ahead with further reforms. In a speech on Saturday evening in Mumbai, Singh said that in

Published 12 Nov, 2012 12:00am

Indian Prime Minister sees end of economic 'gloom and doom'

Indian Prime Minister Manmohan Singh has said the economic "gloom and doom" clouding the country in recent years has been dispelled and that he is determined to push ahead with further reforms. In a speech on Saturday evening in Mumbai, Singh said that in

Published 12 Nov, 2012 12:00am

Government set to introduce anti-terror bill in National Assembly today

The government will introduce the 'Anti Terrorism (Amendment) Bill, 2012' in the National Assembly on Monday (today). According to sources in the National Assembly Secretariat, two bills, including one on anti-terrorism and 'The Pakistan Academy of Letter

Published 12 Nov, 2012 12:00am

Government set to introduce anti-terror bill in National Assembly today

The government will introduce the 'Anti Terrorism (Amendment) Bill, 2012' in the National Assembly on Monday (today). According to sources in the National Assembly Secretariat, two bills, including one on anti-terrorism and 'The Pakistan Academy of Letter

Published 12 Nov, 2012 12:00am

Nato soldier killed in Afghanistan

An attacker wearing an Afghan army uniform killed a member of the Nato-led International Security Assistance Force (ISAF) in the south of Afghanistan on Sunday, the force said. At least 57 members of ISAF Have been killed in so-called insider attacks this

Published 12 Nov, 2012 12:00am

Nato soldier killed in Afghanistan

An attacker wearing an Afghan army uniform killed a member of the Nato-led International Security Assistance Force (ISAF) in the south of Afghanistan on Sunday, the force said. At least 57 members of ISAF Have been killed in so-called insider attacks this

Published 12 Nov, 2012 12:00am

13 killed in strong Myanmar quake: NGO

A powerful earthquake which hit Myanmar Sunday killed at least 13 people, injured dozens and sparked panic in the major central city of Mandalay, residents and aid workers said. The shallow 6.8-magnitude quake struck in a rural area 116 kilometres (72 mil

Published 12 Nov, 2012 12:00am

13 killed in strong Myanmar quake: NGO

A powerful earthquake which hit Myanmar Sunday killed at least 13 people, injured dozens and sparked panic in the major central city of Mandalay, residents and aid workers said. The shallow 6.8-magnitude quake struck in a rural area 116 kilometres (72 mil

Published 12 Nov, 2012 12:00am

US on edge over Human Rights Council election

The United States has launched a last-minute scramble for votes to secure its spot on the UN Human Rights Council in an election Monday. US diplomats are said to be "nervous" as they compete with Germany, Greece, Ireland and Sweden for three seats among 1

Published 12 Nov, 2012 12:00am

US on edge over Human Rights Council election

The United States has launched a last-minute scramble for votes to secure its spot on the UN Human Rights Council in an election Monday. US diplomats are said to be "nervous" as they compete with Germany, Greece, Ireland and Sweden for three seats among 1

Published 12 Nov, 2012 12:00am

Forensic audit: ''CNG body is cooperating with Ogra''

All Pakistan CNG is cooperating with the Oil and Gas Regulatory Authority (Ogra) to carry out a forensic audit in the light of the Supreme Court Judgment, Chairman of APCNG Supreme Council Ghiyas Abdullah Paracha said on Sunday.

Published 12 Nov, 2012 12:00am

Forensic audit: 'CNG body is cooperating with Ogra'

All Pakistan CNG is cooperating with the Oil and Gas Regulatory Authority (Ogra) to carry out a forensic audit in the light of the Supreme Court Judgment, Chairman of APCNG Supreme Council Ghiyas Abdullah Paracha said on Sunday.

Published 12 Nov, 2012 12:00am

Forensic audit: 'CNG body is cooperating with Ogra'

All Pakistan CNG is cooperating with the Oil and Gas Regulatory Authority (Ogra) to carry out a forensic audit in the light of the Supreme Court Judgment, Chairman of APCNG Supreme Council Ghiyas Abdullah Paracha said on Sunday.

Published 12 Nov, 2012 12:00am

Orascom Telecom says to upgrade Mobilink network

Cairo-based Orascom Telecom (OT), controlled by Russia''s Vimpelcom, said on Sunday it had awarded a deal to upgrade its Mobilink mobile phone network in Pakistan.

Published 12 Nov, 2012 12:00am

Orascom Telecom says to upgrade Mobilink network

Cairo-based Orascom Telecom (OT), controlled by Russia's Vimpelcom, said on Sunday it had awarded a deal to upgrade its Mobilink mobile phone network in Pakistan.

Published 12 Nov, 2012 12:00am

Orascom Telecom says to upgrade Mobilink network

Cairo-based Orascom Telecom (OT), controlled by Russia's Vimpelcom, said on Sunday it had awarded a deal to upgrade its Mobilink mobile phone network in Pakistan.

Published 12 Nov, 2012 12:00am

Parametric selection of income tax, ST cases: computerised balloting on November 13

The FBR has finalised arrangements for the parametric selection of income tax and sales tax cases via computerised balloting on November 13 in a bid to avoid future litigations, tax experts said here on Sunday.

Published 12 Nov, 2012 12:00am

Parametric selection of income tax, ST cases: computerised balloting on November 13

The FBR has finalised arrangements for the parametric selection of income tax and sales tax cases via computerised balloting on November 13 in a bid to avoid future litigations, tax experts said here on Sunday.

Published 12 Nov, 2012 12:00am

Parametric selection of income tax, ST cases: computerised balloting on November 13

The FBR has finalised arrangements for the parametric selection of income tax and sales tax cases via computerised balloting on November 13 in a bid to avoid future litigations, tax experts said here on Sunday.

Published 12 Nov, 2012 12:00am

Talks due on status of US troops in Afghanistan

Crucial negotiations on the status of US forces remaining in Afghanistan after the Nato withdrawal in 2014 will begin in Kabul this week, the foreign ministry said Sunday. A key element of any agreement will be the question of immunity for US troops from

Published 12 Nov, 2012 12:00am

Talks due on status of US troops in Afghanistan

Crucial negotiations on the status of US forces remaining in Afghanistan after the Nato withdrawal in 2014 will begin in Kabul this week, the foreign ministry said Sunday. A key element of any agreement will be the question of immunity for US troops from

Published 12 Nov, 2012 12:00am

Jordan sentences former spy chief to 13 years jail over graft

Jordan's former spy chief, once one of the country's most feared and powerful officials, was sentenced to 13 years in prison on Sunday in the first high-profile case from an anti-corruption crackdown driven by popular protests.

Published 12 Nov, 2012 12:00am

Jordan sentences former spy chief to 13 years jail over graft

Jordan's former spy chief, once one of the country's most feared and powerful officials, was sentenced to 13 years in prison on Sunday in the first high-profile case from an anti-corruption crackdown driven by popular protests.

Published 12 Nov, 2012 12:00am

Saudi Arabia allows rights trade on stock market

Saudi Arabia''s Capital Market Authority is allowing subscription rights for share offers to be listed and traded on the Saudi stock market, as it modernises the market in preparation to permit the entry of foreign investors.

Published 12 Nov, 2012 12:00am

Saudi Arabia allows rights trade on stock market

Saudi Arabia's Capital Market Authority is allowing subscription rights for share offers to be listed and traded on the Saudi stock market, as it modernises the market in preparation to permit the entry of foreign investors.

Published 12 Nov, 2012 12:00am

Saudi Arabia allows rights trade on stock market

Saudi Arabia's Capital Market Authority is allowing subscription rights for share offers to be listed and traded on the Saudi stock market, as it modernises the market in preparation to permit the entry of foreign investors.

Published 12 Nov, 2012 12:00am

Petraeus may be called in US inquiry on Benghazi: Feinstein

Despite an adultery scandal that ended David Petraeus' tenure as CIA chief, the general may be called to testify in a Senate inquiry into the killing of four Americans at the US consulate in Benghazi, Libya, Senator Dianne Feinstein said Sunday.

Published 12 Nov, 2012 12:00am

Obama hails end of 'decade of war' on Veterans Day

US President Barack Obama marked Veterans Day Sunday by celebrating the fact that America's painful decade of war in Iraq and Afghanistan is coming to a close. Under glorious autumn sunshine, Obama placed a wreath at Arlington National Cemetery in memory

Published 12 Nov, 2012 12:00am

Iqbal Haider passes away

Former federal law minister Iqbal Haider passed away on Sunday in Karachi. He was 67. He was suffering from a lung disease and breathed his last at a hospital in Karachi. His funeral prayers would be offered on Monday (today) at the Masjid-i-Tasrab Imamba

Published 12 Nov, 2012 12:00am

Iqbal Haider passes away

Former federal law minister Iqbal Haider passed away on Sunday in Karachi. He was 67. He was suffering from a lung disease and breathed his last at a hospital in Karachi. His funeral prayers would be offered on Monday (today) at the Masjid-i-Tasrab Imamba

Published 12 Nov, 2012 12:00am

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average

Published 12 Nov, 2012 12:00am

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average

Published 12 Nov, 2012 12:00am

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average

Published 12 Nov, 2012 12:00am

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average

Published 12 Nov, 2012 12:00am

Bulls dominate KSE

A bullish trend persisted on the Karachi share market during the outgoing week ended November 8 and the benchmark KSE-100 index closed at its highest-ever level. The index increased by 142 points on week-on-week basis and closed at the level of 16,243 poi

Published 12 Nov, 2012 12:00am

Bulls dominate KSE

A bullish trend persisted on the Karachi share market during the outgoing week ended November 8 and the benchmark KSE-100 index closed at its highest-ever level. The index increased by 142 points on week-on-week basis and closed at the level of 16,243 poi

Published 12 Nov, 2012 12:00am

Bulls dominate KSE

A bullish trend persisted on the Karachi share market during the outgoing week ended November 8 and the benchmark KSE-100 index closed at its highest-ever level. The index increased by 142 points on week-on-week basis and closed at the level of 16,243 poi

Published 12 Nov, 2012 12:00am

No budgetary support provided by donors yet: data

The Asian Development Bank (ADB) and the World Bank have not provided any on-budget support to Pakistan during the current fiscal year, belying government data which showed the financial assistance being provided by these multinational institutions as ''b

Published 12 Nov, 2012 12:00am

No budgetary support provided by donors yet: data

The Asian Development Bank (ADB) and the World Bank have not provided any on-budget support to Pakistan during the current fiscal year, belying government data which showed the financial assistance being provided by these multinational institutions as 'bu

Published 12 Nov, 2012 12:00am

No budgetary support provided by donors yet: data

The Asian Development Bank (ADB) and the World Bank have not provided any on-budget support to Pakistan during the current fiscal year, belying government data which showed the financial assistance being provided by these multinational institutions as 'bu

Published 12 Nov, 2012 12:00am

11 more killed in Karachi

At least 11 more people were killed while several others injured in different incidents of violence in the city, police and rescue sources said on Sunday. A man, his son and servant were killed in a firing incident in the Islam Chowk area of Orangi town i

Published 12 Nov, 2012 12:00am

11 more killed in Karachi

At least 11 more people were killed while several others injured in different incidents of violence in the city, police and rescue sources said on Sunday. A man, his son and servant were killed in a firing incident in the Islam Chowk area of Orangi town i

Published 12 Nov, 2012 12:00am

Full-scale resumption of supplies: customs begins registering Nato fuel tankers

Pakistan Customs started registering Nato fuel tankers ahead of the resumption of full-scale oil supplies to western armies posted in Afghanistan from Karachi, sources told Business Recorder on Sunday.

Published 12 Nov, 2012 12:00am

Full-scale resumption of supplies: customs begins registering Nato fuel tankers

Pakistan Customs started registering Nato fuel tankers ahead of the resumption of full-scale oil supplies to western armies posted in Afghanistan from Karachi, sources told Business Recorder on Sunday.

Published 12 Nov, 2012 12:00am

Full-scale resumption of supplies: customs begins registering Nato fuel tankers

Pakistan Customs started registering Nato fuel tankers ahead of the resumption of full-scale oil supplies to western armies posted in Afghanistan from Karachi, sources told Business Recorder on Sunday.

Published 12 Nov, 2012 12:00am

Full-scale resumption of supplies: customs begins registering Nato fuel tankers

Pakistan Customs started registering Nato fuel tankers ahead of the resumption of full-scale oil supplies to western armies posted in Afghanistan from Karachi, sources told Business Recorder on Sunday.

Published 12 Nov, 2012 12:00am

ECC likely to approve monthly oil price review

The Economic Co-ordination Committee (ECC) of Cabinet is likely to approve a monthly oil pricing mechanism. According to the sources, the Ministry of Petroleum and Natural Resources will table the summery before the Economic Co-ordination Committee of the

Published 12 Nov, 2012 12:00am

ECC likely to approve monthly oil price review

The Economic Co-ordination Committee (ECC) of Cabinet is likely to approve a monthly oil pricing mechanism. According to the sources, the Ministry of Petroleum and Natural Resources will table the summery before the Economic Co-ordination Committee of the

Published 12 Nov, 2012 12:00am

ECC likely to approve monthly oil price review

The Economic Co-ordination Committee (ECC) of Cabinet is likely to approve a monthly oil pricing mechanism. According to the sources, the Ministry of Petroleum and Natural Resources will table the summery before the Economic Co-ordination Committee of the

Published 12 Nov, 2012 12:00am

Efta likely to sign pact today to boost exports

Pakistan and European Free Trade Association (Efta) are likely to sign trade pact on Monday (today) in Geneva, Switzerland, boosting domestic exports, officials told Business Recorder. Efta is a free trade area comprising Switzerland, Norway, Icela

Published 12 Nov, 2012 12:00am

Efta likely to sign pact today to boost exports

Pakistan and European Free Trade Association (Efta) are likely to sign trade pact on Monday (today) in Geneva, Switzerland, boosting domestic exports, officials told Business Recorder. Efta is a free trade area comprising Switzerland, Norway, Icela

Published 12 Nov, 2012 12:00am

Efta likely to sign pact today to boost exports

Pakistan and European Free Trade Association (Efta) are likely to sign trade pact on Monday (today) in Geneva, Switzerland, boosting domestic exports, officials told Business Recorder. Efta is a free trade area comprising Switzerland, Norway, Icela

Published 12 Nov, 2012 12:00am

Swiss seek progress on US tax deal

Switzerland hopes to restart talks with the US over a long-simmering tax dispute following the re-election of president Obama, its economy minister was quoted as saying on Sunday. Switzerland is trying to reach a deal to end investigations by US tax autho

Published 12 Nov, 2012 12:00am

Swiss seek progress on US tax deal

Switzerland hopes to restart talks with the US over a long-simmering tax dispute following the re-election of president Obama, its economy minister was quoted as saying on Sunday. Switzerland is trying to reach a deal to end investigations by US tax autho

Published 12 Nov, 2012 12:00am

Swiss seek progress on US tax deal

Switzerland hopes to restart talks with the US over a long-simmering tax dispute following the re-election of president Obama, its economy minister was quoted as saying on Sunday. Switzerland is trying to reach a deal to end investigations by US tax autho

Published 12 Nov, 2012 12:00am

Small contraction in Iran economy over oil ban: IMF

Economic performance in Iran has shown a small contraction because of a Western ban on oil exports whose impact is spilling over into other sectors, the International Monetary Fund said on Sunday.

Published 12 Nov, 2012 12:00am

Small contraction in Iran economy over oil ban: IMF

Economic performance in Iran has shown a small contraction because of a Western ban on oil exports whose impact is spilling over into other sectors, the International Monetary Fund said on Sunday.

Published 12 Nov, 2012 12:00am

Small contraction in Iran economy over oil ban: IMF

Economic performance in Iran has shown a small contraction because of a Western ban on oil exports whose impact is spilling over into other sectors, the International Monetary Fund said on Sunday.

Published 12 Nov, 2012 12:00am

Newborn baby among six killed in Afghan blast

A mother and her newborn baby were among six family members killed in a roadside bombing in eastern Afghanistan overnight, police and witnesses said Sunday.

Published 12 Nov, 2012 12:00am

Newborn baby among six killed in Afghan blast

A mother and her newborn baby were among six family members killed in a roadside bombing in eastern Afghanistan overnight, police and witnesses said Sunday.

Published 12 Nov, 2012 12:00am

Peace envoy due today

Islamabad and Kabul today (Monday) will hold three-day talks on achieving peace in Afghanistan. A delegation of High Peace Council of Afghanistan, led by its Chairman Salahuddin Rabbani, will visit Islamabad from November 12-14. Rabbani was invited by For

Published 12 Nov, 2012 12:00am

Peace envoy due today

Islamabad and Kabul today (Monday) will hold three-day talks on achieving peace in Afghanistan. A delegation of High Peace Council of Afghanistan, led by its Chairman Salahuddin Rabbani, will visit Islamabad from November 12-14. Rabbani was invited by For

Published 12 Nov, 2012 12:00am

Four civilians killed by Afghan firing

Afghan National Army troops on Sunday evening fired mortar rounds from KK top killing four civilians including two children in north of Niz Narai, military sources said here. According to immediate news available, today at 1710 hours, Afghan National Army

Published 12 Nov, 2012 12:00am

Four civilians killed by Afghan firing

Afghan National Army troops on Sunday evening fired mortar rounds from KK top killing four civilians including two children in north of Niz Narai, military sources said here. According to immediate news available, today at 1710 hours, Afghan National Army

Published 12 Nov, 2012 12:00am

All Afghan insurgents urged to pursue peace

Pakistan hopes to persuade Afghan insurgent groups, including the lethal Haqqani network, to pursue peace but worries resistance from political factions opposed to the Taliban could undermine reconciliation efforts, ambassador Mohammad Sadiq said.

Published 12 Nov, 2012 12:00am

All Afghan insurgents urged to pursue peace

Pakistan hopes to persuade Afghan insurgent groups, including the lethal Haqqani network, to pursue peace but worries resistance from political factions opposed to the Taliban could undermine reconciliation efforts, ambassador Mohammad Sadiq said.

Published 12 Nov, 2012 12:00am

THE RUPEE: gaining ground

The rupee recovered slightly against the US dollar in the interbank market. The domestic currency, however, dropped against the greenback during the week ended on November 10.

Published 12 Nov, 2012 12:00am

THE RUPEE: gaining ground

The rupee recovered slightly against the US dollar in the interbank market. The domestic currency, however, dropped against the greenback during the week ended on November 10.

Published 12 Nov, 2012 12:00am

Palestinian UN non-state bid this month: Abbas

The Palestinians will submit a bid to the General Assembly for non-state membership of the United Nations later this month, president Mahmud Abbas said on Sunday. "We're going to the United Nations in November 2012, not 2013, or 2014," Abbas said at an ev

Published 12 Nov, 2012 12:00am

Palestinian UN non-state bid this month: Abbas

The Palestinians will submit a bid to the General Assembly for non-state membership of the United Nations later this month, president Mahmud Abbas said on Sunday. "We're going to the United Nations in November 2012, not 2013, or 2014," Abbas said at an ev

Published 12 Nov, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.87
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.26
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
India Sensex / Dec 27	78,699.07
Tokyo Nikkei / Dec 27	40,281.16
Nasdaq / Dec 27	19,238.48
Hang Seng / Dec 27	20,090.46
FTSE 100 / Dec 27	8,149.78
Dow Jones / Dec 27	42,992.21
Germany DAX 30 / Dec 27	19,984.32

Item	Value
Crude Oil USD/Barrel / Dec 27	70.60
Gold 10 Grams PKR / Dec 27	234,225
Gold Spot USD/Ounce / Dec 27	2,621.40
Cotton US¢/pound / Dec 27	68.89
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 29	252.10

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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