News Archives for Print - 2012-12-01

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

ECB, IMF press eurozone to reform

The eurozone''s crisis is far from over and its members must consolidate their budgets and forge a banking union to put the bloc on a more stable economic footing, the leaders of the IMF and European Central Bank said on Friday. Underlining the bloc''s wo

Published 01 Dec, 2012 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

ECB, IMF press eurozone to reform

The eurozone's crisis is far from over and its members must consolidate their budgets and forge a banking union to put the bloc on a more stable economic footing, the leaders of the IMF and European Central Bank said on Friday. Underlining the bloc's woes

Published 01 Dec, 2012 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

ECB, IMF press eurozone to reform

The eurozone's crisis is far from over and its members must consolidate their budgets and forge a banking union to put the bloc on a more stable economic footing, the leaders of the IMF and European Central Bank said on Friday. Underlining the bloc's woes

Published 01 Dec, 2012 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

Eurozone joblessness hits record

Euro zone joblessness has reached a new high and the poor state of the economy is reducing inflation to near two-year lows, raising the prospect of further interest cuts by the European Central Bank. As the euro zone sinks into its second recession since

Published 01 Dec, 2012 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

Eurozone joblessness hits record

Euro zone joblessness has reached a new high and the poor state of the economy is reducing inflation to near two-year lows, raising the prospect of further interest cuts by the European Central Bank. As the euro zone sinks into its second recession since

Published 01 Dec, 2012 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

Eurozone joblessness hits record

Euro zone joblessness has reached a new high and the poor state of the economy is reducing inflation to near two-year lows, raising the prospect of further interest cuts by the European Central Bank. As the euro zone sinks into its second recession since

Published 01 Dec, 2012 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

Clearance for procurement of 75 Chinese locomotives: Prime Minister rejects entire cabinet''s proposal

Prime Minister Raja Pervez Ashraf has rejected the entire cabinet''s proposal on clearance of a doubtful deal for procurement of 75 Chinese diesel locomotives in haste, despite Railways Ministry''s claim that the PR is losing billions of rupees due to und

Published 01 Dec, 2012 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

Clearance for procurement of 75 Chinese locomotives: Prime Minister rejects entire cabinet's proposal

Prime Minister Raja Pervez Ashraf has rejected the entire cabinet's proposal on clearance of a doubtful deal for procurement of 75 Chinese diesel locomotives in haste, despite Railways Ministry's claim that the PR is losing billions of rupees due to undue

Published 01 Dec, 2012 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

Clearance for procurement of 75 Chinese locomotives: Prime Minister rejects entire cabinet's proposal

Prime Minister Raja Pervez Ashraf has rejected the entire cabinet's proposal on clearance of a doubtful deal for procurement of 75 Chinese diesel locomotives in haste, despite Railways Ministry's claim that the PR is losing billions of rupees due to undue

Published 01 Dec, 2012 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

LHC ruling on KBD: interference damaging parliament''s mandate, says Kaira

The Lahore High Court''s (LHC) interference on the issue of Kalabagh Dam has damaged parliament''s mandate, federal Information Minister Qamar Zaman Kaira said on Friday. According to him, it was "purely a political issue and the parliament is the right f

Published 01 Dec, 2012 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

LHC ruling on KBD: interference damaging parliament's mandate, says Kaira

The Lahore High Court's (LHC) interference on the issue of Kalabagh Dam has damaged parliament's mandate, federal Information Minister Qamar Zaman Kaira said on Friday. According to him, it was "purely a political issue and the parliament is the right for

Published 01 Dec, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

LHC ruling on KBD: interference damaging parliament's mandate, says Kaira

The Lahore High Court's (LHC) interference on the issue of Kalabagh Dam has damaged parliament's mandate, federal Information Minister Qamar Zaman Kaira said on Friday. According to him, it was "purely a political issue and the parliament is the right for

Published 01 Dec, 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 01 Dec, 2012 12:00am

KBD project viable proposition, LHC told

The Ministry of Water and Power on Friday told the Lahore High Court that the project of Kalabagh Dam was a viable proposition and that the federal government had been struggling to evolve consensus on the issue. The CJ adjourned further hearing in a peti

Published 01 Dec, 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 01 Dec, 2012 12:00am

KBD project viable proposition, LHC told

The Ministry of Water and Power on Friday told the Lahore High Court that the project of Kalabagh Dam was a viable proposition and that the federal government had been struggling to evolve consensus on the issue. The CJ adjourned further hearing in a peti

Published 01 Dec, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (November 30, 2012).

Published 01 Dec, 2012 12:00am

KBD project viable proposition, LHC told

The Ministry of Water and Power on Friday told the Lahore High Court that the project of Kalabagh Dam was a viable proposition and that the federal government had been struggling to evolve consensus on the issue. The CJ adjourned further hearing in a peti

Published 01 Dec, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 01 Dec, 2012 12:00am

Diamer-Bhasha dam: government to seek Chinese funding

Government has decided to seek funds from China to finance $14.4 billion Diamer-Bhasha dam project. Special Secretary Ministry of Water and Power Himayat Ullah Khan informed the National Assembly''s Standing Committee on Water and Power here on Friday, wh

Published 01 Dec, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 01 Dec, 2012 12:00am

Diamer-Bhasha dam: government to seek Chinese funding

Government has decided to seek funds from China to finance $14.4 billion Diamer-Bhasha dam project. Special Secretary Ministry of Water and Power Himayat Ullah Khan informed the National Assembly's Standing Committee on Water and Power here on Friday, whi

Published 01 Dec, 2012 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 01 Dec, 2012 12:00am

Diamer-Bhasha dam: government to seek Chinese funding

Government has decided to seek funds from China to finance $14.4 billion Diamer-Bhasha dam project. Special Secretary Ministry of Water and Power Himayat Ullah Khan informed the National Assembly's Standing Committee on Water and Power here on Friday, whi

Published 01 Dec, 2012 12:00am

BRIDGE NOTES: The hand of the year

Some hands on Bridge are really hard to comprehend. Often there is an unexpected distribution or a communication gap with lack of proper entries and most often than not, declarer has his timing wrong or shall we say not in line with the required sequence.

Published 01 Dec, 2012 12:00am

ANP says LHC order 'will undermine federation'

The Lahore High Court's order to build Kalabagh dam will undermine the federation, ANP leaders concurred on Friday. According to them, the issue did not fall under the court's purview and it was against national interest. Addressing a press conference, AN

Published 01 Dec, 2012 12:00am

Sindh, floods and life

"Sindh, Sailab Aur Zindaghy" is a reportage written by Dr Asif Mahmood Jah, an additional collector in the FBR but a medical practitioner by training who also heads an NGO Customs Health Care Society, Lahore. The reportage highlights relief and reconstruc

Published 01 Dec, 2012 12:00am

ANP says LHC order 'will undermine federation'

The Lahore High Court's order to build Kalabagh dam will undermine the federation, ANP leaders concurred on Friday. According to them, the issue did not fall under the court's purview and it was against national interest. Addressing a press conference, AN

Published 01 Dec, 2012 12:00am

Book Reviews: Poetry in the name of workers

It was some 125 years ago that the workers at Chicago stood up and demanded the right to live like human being. They stood firm and demonstrated the will to make sacrifices in the fight for rights. The workers world over celebrate the glorious occasion. I

Published 01 Dec, 2012 12:00am

IP gas line project: Asim heads to Iran to discuss financing

The Prime Minister''s Advisor on Pet-roleum and Natural Re-sources, Dr Asim Hussain has left Islama-bad for Iran to discuss the financing of Iran-Pakistan (IP) gas pipeline project with Iranian authorities, the Petroleum Ministry officials said. According

Published 01 Dec, 2012 12:00am

Winter kitchen care

Kitchen is the heart and hub of a home. No matter, you are a housewife or working mom, your first encounter with housekeeping affairs starts with the kitchen. Cooking is fun as long as you keep the kitchen uncontaminated and clean. However, short days of

Published 01 Dec, 2012 12:00am

IP gas line project: Asim heads to Iran to discuss financing

The Prime Minister's Advisor on Pet-roleum and Natural Re-sources, Dr Asim Hussain has left Islama-bad for Iran to discuss the financing of Iran-Pakistan (IP) gas pipeline project with Iranian authorities, the Petroleum Ministry officials said. According

Published 01 Dec, 2012 12:00am

ART FACTS: Unusual ambiance

While visiting a group exhibition at Fine Art Pakistan Gallery, Karachi I meet Maqbool Ahmed, his paintings are also part of the group show. During conversation he invited me to his studios. On visiting his studios he shows me his paintings and talk about

Published 01 Dec, 2012 12:00am

IP gas line project: Asim heads to Iran to discuss financing

The Prime Minister's Advisor on Pet-roleum and Natural Re-sources, Dr Asim Hussain has left Islama-bad for Iran to discuss the financing of Iran-Pakistan (IP) gas pipeline project with Iranian authorities, the Petroleum Ministry officials said. According

Published 01 Dec, 2012 12:00am

Karachi Chronicle: Malala Day

November was a tension-ridden month in Karachi, with the security narrative commanding attention of people from all walks of life. Never before in any potentially insecure season, such as the festival of Diwali and the ten days of Muharram, has a siege li

Published 01 Dec, 2012 12:00am

Ardeshir Cowasjee: Indomitable Will

Where did I encounter Ardeshir Cowasjee? June 1955, at the American University of Beirut, I had passed my Sophomore Year. Meanwhile, I had suffered from the very bitter disappointment of witnessing my college, coed, sweet heart, Amal Khartabil marrying th

Published 01 Dec, 2012 12:00am

IGC trims forecast for 2012-13 global wheat crop

The International Grains Council on Thursday cut its forecast for global wheat production in 2012/13, widening an anticipated year-on-year decline, but noted high prices should trigger a rise in plantings for the following season. The IGC, in a monthly re

Published 01 Dec, 2012 12:00am

Ukraine to increase maize area by 11 percent

Ukrainian farmers are likely to increase the area sown for maize by 11 percent to about 5.0 million hectares in 2013 due to stable foreign demand and expected high prices, Kiev-based analyst UCAB said on Thursday. Ukraine, the world's fourth-biggest maize

Published 01 Dec, 2012 12:00am

Corn export premiums fall at US Gulf Coast

Corn export premiums at the US Gulf Coast weakened on Thursday as exporters had enough supplies at shipping terminals to satisfy their needs, traders said. Demand for US corn on the world market was poor due to cheaper supplies available from other countr

Published 01 Dec, 2012 12:00am

Thailand to export seven million tonnes of sugar in 2013

Thailand, the world's second biggest sugar exporter, will have around 7 million tonnes available for shipment next year after setting aside 2.3 million tonnes for domestic consumption, the Office of the Cane and Sugar Board (OCSB) said on Thursday. The 20

Published 01 Dec, 2012 12:00am

China's soya crushers boost US imports

Soya buyers in China, the world's biggest importer of the oilseed, have stepped up orders from the United States this week after crushing margins improved ahead of the peak consumption season, traders said on Thursday. Chinese buyers are still keen to buy

Published 01 Dec, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 61,528 tonnes of cargo comprising 50,723 tonnes of import cargo and 10,805 tonnes of export cargo including 3,496 loaded & empty containers during the last 24 hours ended at 0700 hours on Friday. The total import cargo of 50,723 t

Published 01 Dec, 2012 12:00am

No change on grain market

Not a single change was witnessed on the wholesale grain market on Friday, Grain and oilseeds Merchant Group said in it's release.

Published 01 Dec, 2012 12:00am

Stable trend on cotton market amid restricted selling

Stable trend was seen on the cotton market on Friday as the ginners and growers indulged in restricted selling to resist likely loss as a result of steady supply of seedcotton, dealers said. Official spot rate was unchanged at Rs 5,850, they said. Above,

Published 01 Dec, 2012 12:00am

IAG takes legal action against Iberia pilots union

IAG, formed by the merger of British Airways and Iberia, has lodged a claim in Britain's high court against the Spanish pilots' union over strikes it held in late 2011 and early 2012. IAG said on Friday the claim was against SEPLA, the Iberia pilots' unio

Published 01 Dec, 2012 12:00am

Teva plans reorganisation

Teva Pharmaceutical Industries Ltd, the world's biggest maker of generic drugs, announced an ambitious plan to reshape the company on Friday aimed at streamlining operations, cutting costs and improving profitability. The Israel-based company also forecas

Published 01 Dec, 2012 12:00am

Brazil economy grows far less than expected in third quarter

Brazil's economy grew just 0.6 percent in the third quarter from the second quarter, only half the rate expected by financial markets, as a flood of government stimulus failed to stir the Latin American giant out of its long slumber. Investment dropped fo

Published 01 Dec, 2012 12:00am

UPS, TNT plan asset sales to clear EU antitrust hurdle

United Parcel Service Inc (UPS) and its Dutch take-over target TNT Express NV have submitted plans to meet European anti-trust concerns as they battle to keep the acquisition on track. The two companies said they planned to sell assets and open up their a

Published 01 Dec, 2012 12:00am

EADS announces up to 850 jobs in Casidian

European aerospace group EADS, which controls Airbus, said on Friday that it would shed up to 850 jobs through voluntary departures in a restructuring of its defence and security arm Cassidian. The objective, announced in September, is to increase competi

Published 01 Dec, 2012 12:00am

EADS announces up to 850 jobs in Casidian

European aerospace group EADS, which controls Airbus, said on Friday that it would shed up to 850 jobs through voluntary departures in a restructuring of its defence and security arm Cassidian. The objective, announced in September, is to increase competi

Published 01 Dec, 2012 12:00am

Obama cranks up holiday pressure on Republicans in 'fiscal cliff'

President Barack Obama hit the road on Friday to turn up pressure on Republicans in the "fiscal cliff" talks, urging Americans to support his drive to raise taxes on the wealthy while extending tax cuts for the middle class. In a Christmas-season visit to

Published 01 Dec, 2012 12:00am

Draft French bank reform falls short of revolution

French banks will be able to adapt easily to changes proposed by President Francois Hollande and will escape the more stringent measures being adopted by the United States and Britain. "This is really not 'finance as the enemy'," said Fabrice Asvazadouria

Published 01 Dec, 2012 12:00am

Draft French bank reform falls short of revolution

French banks will be able to adapt easily to changes proposed by President Francois Hollande and will escape the more stringent measures being adopted by the United States and Britain. "This is really not 'finance as the enemy'," said Fabrice Asvazadouria

Published 01 Dec, 2012 12:00am

Japan approves $10.7 billion stimulus package

Tokyo on Friday approved $10.7 billion in fresh spending to help boost Japan's limp economy, just weeks before an election the ruling party is expected to lose. The 880 billion yen ($10.7 billion) in spending was more than double a package announced in Oc

Published 01 Dec, 2012 12:00am

German lawmakers approve Greek bailout

German lawmakers approved the latest bailout for Greece on Friday by a large majority despite growing unease about the cost to taxpayers less than a year before federal elections. The outcome of the vote in the lower house was never in doubt but it was a

Published 01 Dec, 2012 12:00am

Shell ends shut-down of Nigerian export terminals

Anglo-Dutch oil group Shell said Friday it had resumed shipments of crude from its Nigerian export terminals Bonny and Forcados following the repair of its damaged supply pipelines. "The force majeure on Forcados loading was lifted... Thursday, while that

Published 01 Dec, 2012 12:00am

India's GDP growth likely stuck near three-year low

India's economic growth likely hovered near a three-year low in the last quarter, underscoring the urgency of implementing politically difficult reforms to spur a revival in Asia's third largest economy. Finance Minister P. Chidambaram said last week that

Published 01 Dec, 2012 12:00am

Leave 'fairy world' behind, Draghi tells eurozone

The eurozone's crisis is far from over and its members must tighten budgets and forge a banking union to leave behind the "fairy world" that allowed problems to grow, European Central Bank President Mario Draghi said on Friday. Draghi's call for reform wa

Published 01 Dec, 2012 12:00am

Leave 'fairy world' behind, Draghi tells eurozone

The eurozone's crisis is far from over and its members must tighten budgets and forge a banking union to leave behind the "fairy world" that allowed problems to grow, European Central Bank President Mario Draghi said on Friday. Draghi's call for reform wa

Published 01 Dec, 2012 12:00am

Barclays investment bank revamp could mean staff cuts

Barclays could axe as many as 3,500 investment bank staff and cut its advisory or equities operations in Asia as part of a broader strategic review aimed at fixing the bank's culture in the wake of the financial crisis.

Published 01 Dec, 2012 12:00am

Barclays investment bank revamp could mean staff cuts

Barclays could axe as many as 3,500 investment bank staff and cut its advisory or equities operations in Asia as part of a broader strategic review aimed at fixing the bank's culture in the wake of the financial crisis.

Published 01 Dec, 2012 12:00am

Africa's first budget airline Fastjet takes to skies

The world's first pan-African low-cost carrier Fastjet enjoyed keen demand on its first day of commercial operations, it said in a statement on Friday. "Fastjet... commenced commercial flight operations yesterday, with its first aircraft flying passengers

Published 01 Dec, 2012 12:00am

US consumer spending, income stall; Sandy a factor

US consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut already weak estimates of fourth-quarter economic growth. Superstorm Sandy was partly to blame for the pullback in spending as

Published 01 Dec, 2012 12:00am

China shares snap four-day losing streak; Hong Kong nears 2012 high

Onshore China shares ended a grim November on a bright note on Friday and Hong Kong neared its 2012 highs after local media reported Chinese Vice Premier Li Keqiang said urbanisation will drive most of the country's development in the next decade. Chinese

Published 01 Dec, 2012 12:00am

Nikkei hits seven-month high

The Nikkei average hit a seven-month closing high on Friday as a weaker yen, driven by persistent expectations the Bank of Japan will act more boldly under a likely new government after a December 16 election, lifted the shares of exporters. The Nikkei ha

Published 01 Dec, 2012 12:00am

Friday's early trade: stocks little changed

US stocks were little changed on Friday as investors were hesitant to make big bets ahead of a statement by President Obama on the progress of budget talks in Washington that have recently driven volatility in financial markets. US President Barack Obama,

Published 01 Dec, 2012 12:00am

Wall Street soars

US stocks finished higher on Thursday as investors bought on sporadic dips in a market roiled by conflicting comments from Washington about negotiations on an agreement to avoid the "fiscal cliff." Tech shares, including Research In Motion and Advanced Mi

Published 01 Dec, 2012 12:00am

South Korean shares down

Seoul shares eased marginally on Friday, pulling back from a three-week high seen in the previous session, as concerns over US political wrangling for a deal to avert a "fiscal cliff" hung over the South Korean market. The Korea Composite Stock Price Inde

Published 01 Dec, 2012 12:00am

US debt prices rise

US government debt prices rose on Thursday on safe-haven demand from investors nervous about the lack of progress in budget talks in Washington. A mildly disappointing report on US economic growth, together with the Federal Reserve's steady bond purchases

Published 01 Dec, 2012 12:00am

US debt prices rise

US government debt prices rose on Thursday on safe-haven demand from investors nervous about the lack of progress in budget talks in Washington. A mildly disappointing report on US economic growth, together with the Federal Reserve's steady bond purchases

Published 01 Dec, 2012 12:00am

Indian shares stay up

Indian shares ended higher for the fourth day in a row after weak GDP data raised hopes of some monetary easing at the next central bank meeting on December 18. The Indian economy extended its long slump in the quarter ending in September with lower-than-

Published 01 Dec, 2012 12:00am

European shares enjoy sixth straight monthly gain

European stocks ended slightly down on Friday while posting solid monthly gains, as investors bet the worst of Europe's debt crisis is over and that a US budget deal will be reached before the year-end. The FTSEurofirst 300 index of top European shares en

Published 01 Dec, 2012 12:00am

Southeast Asian stocks: Bangkok at 16-1/2 years high

Thai shares hit a 16-1/2 years closing high on Friday, racking up gains for a sixth straight month, as institutional investors bought big caps while most other Southeast Asian stock markets edged up on positive global market sentiment. The Thai SET index

Published 01 Dec, 2012 12:00am

Australian shares rally

Australian shares rallied 0.6 percent on Friday to reach a fresh three-week high, bolstered by shares in miners and banks as firmer metals prices and a stronger close on Wall St helped the local market break above the 4,500 level. Bellwether miner BHP Bil

Published 01 Dec, 2012 12:00am

FTSE stalls at six-week high

Britain's top share index was modestly lower on Friday, volatile on the last day of the month, mirroring its November performance as US budget concerns dominated. The FTSE 100 closed down 3.48 points, or 0.1 percent at 5,866.82, dropping back late on afte

Published 01 Dec, 2012 12:00am

Sterling falls to five-week low versus euro

Sterling fell to a five-week low against a broadly firmer euro on Friday after approval of the latest bailout deal by German lawmakers, while concerns about the UK economy left it vulnerable. The euro rose 0.4 percent against sterling, hitting a five-week

Published 01 Dec, 2012 12:00am

Yen drops in Asia

The yen dropped on Friday after month-end selling from Japanese firms triggered more stop-loss selling, but concerns about the deadlock over the US "fiscal cliff" helped to keep it above last week's 7-1/2-month low versus the dollar. The euro stayed near

Published 01 Dec, 2012 12:00am

Yen tumbles in London

The yen hit a seven-month low against the euro and fell against the dollar on Friday, extending losses amid speculation that Japanese monetary policy could be aggressively eased when a new government is formed. The euro also extended the previous day's ri

Published 01 Dec, 2012 12:00am

Midday trade in New York: euro climbs on Greek bailout deal approval

The euro hit a seven-month high against the yen and a five-week peak versus the dollar on Friday, bolstered by the approval of the latest Greek bailout deal by German lawmakers and month-end buying from Japanese importers. Gains in Europe's shared currenc

Published 01 Dec, 2012 12:00am

Euro off one-month highs in New York

The euro came off a one-month high against the dollar on Thursday after top Republican lawmaker John Boehner dented hopes for a budget deal that could prevent the US economy from slipping back into a possible recession next year. The euro zone common curr

Published 01 Dec, 2012 12:00am

Australian and New Zealand dollar struggle

The Australian and New Zealand dollars struggled against the greenback on Friday as markets increased sharply the chance of an interest rate cut next week in Australia following a weakening in mining investment intentions. But the Antipodeans rose 0.4 per

Published 01 Dec, 2012 12:00am

Yuan ends up

The yuan closed below its top-end limit for the first time this week on Friday, as the central bank appeared to intervene to boost liquidity after a week of anaemic volumes. The yuan closed at 6.2267 per dollar, marginally firmer than Thursday's close of

Published 01 Dec, 2012 12:00am

Won shines in Asian forex

The South Korean won, which outperformed many regional peers this month, edged higher on Friday and was seen likely to stay firm in the near term due to the potential for more inflows from overseas investors. Most emerging Asian currencies rose moderately

Published 01 Dec, 2012 12:00am

Swiss franc up

The Swiss franc pushed higher against the dollar on Friday, consolidating small gains eked out in the previous two sessions as the focus on Europe's debt crisis shifted to the United States' so-called "fiscal cliff". The franc rose 0.3 percent against the

Published 01 Dec, 2012 12:00am

Indian rupee gains

The Indian rupee rose on Friday for a third straight session, helped by capital inflows on optimism that the government will be able to win a vote in parliament and push through key reforms. India's September quarter GDP was largely in-line, but the data

Published 01 Dec, 2012 12:00am

Experience meets youth at 34th Champions Trophy

Experience meets youth from Saturday onwards at the 34th Champions Trophy which also marks the start of preparations for the next world championships and Olympics for the major field hockey powers. Led by World Player Jamie Dwyer, record 12-times winners

Published 01 Dec, 2012 12:00am

Bangladesh thump West Indies in first ODI

Tamim Iqbal and Naeem Islam scored half-centuries while Sohag Gazi took four wickets as Bangladesh beat the West Indies by seven wickets in the first one-day match in Khulna on Friday. Iqbal smashed a 51-ball 58 studded with eight fours and two sixes whil

Published 01 Dec, 2012 12:00am

Monaco confirm Beckham interest

AS Monaco are interested in signing former England captain David Beckham, the second-tier French club's chief executive Tor-Kristian Karlsen told local media on Friday. "Our team is very young. If we're lucky enough to attract a player to Monaco with such

Published 01 Dec, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.85
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
India Sensex / Nov 25	80,109.85
Tokyo Nikkei / Nov 25	38,242.02
Nasdaq / Nov 25	18,054.84
Hang Seng / Nov 25	19,255.06
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.12
Gold Spot USD/Ounce / Nov 26	2,630.41
Diesel/Litre / Nov 26	255.14

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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