News Archives for Print - 2012-12-02 - Business Recorder

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Print - 2012-12-02

Provision of revenue data to AGP: no objection if only reported figures are reconciled: FBR

Provision of revenue data to AGP: no objection if only reported figures are reconciled: FBR

The Federal Board of Revenue has no objection in providing revenue collection data to the Auditor General of Pakistan (AGP) only for reconciliation and verification of the reported FBR''s field formations'' figures. Sources told Business Recorder h

Published 02 Dec, 2012 12:00am

Provision of revenue data to AGP: no objection if only reported figures are reconciled: FBR

Provision of revenue data to AGP: no objection if only reported figures are reconciled: FBR

The Federal Board of Revenue has no objection in providing revenue collection data to the Auditor General of Pakistan (AGP) only for reconciliation and verification of the reported FBR's field formations' figures. Sources told Business Recorder her

Published 02 Dec, 2012 12:00am

Provision of revenue data to AGP: no objection if only reported figures are reconciled: FBR

Provision of revenue data to AGP: no objection if only reported figures are reconciled: FBR

The Federal Board of Revenue has no objection in providing revenue collection data to the Auditor General of Pakistan (AGP) only for reconciliation and verification of the reported FBR's field formations' figures. Sources told Business Recorder her

Published 02 Dec, 2012 12:00am

US judge refuses to order anti-Muslim film off YouTube

US judge refuses to order anti-Muslim film off YouTube

An actress who said she was duped into appearing in a highly sacrilegious an anti-Islam film that stoked violent protests against the United States across the Muslim world lost on Friday her second legal bid to force the video off YouTube. Denying a reque

Published 02 Dec, 2012 12:00am

US judge refuses to order anti-Muslim film off YouTube

US judge refuses to order anti-Muslim film off YouTube

An actress who said she was duped into appearing in a highly sacrilegious an anti-Islam film that stoked violent protests against the United States across the Muslim world lost on Friday her second legal bid to force the video off YouTube. Denying a reque

Published 02 Dec, 2012 12:00am

Obama urges immediate tax cut extension for middle-class

Obama urges immediate tax cut extension for middle-class

US President Barack Obama urged Congress Saturday to immediately extend a tax cut for middle class Americans, arguing the move will give 98 percent of families and 97 percent of small businesses certainty that will lead to faster economic growth. "Congres

Published 02 Dec, 2012 12:00am

Obama urges immediate tax cut extension for middle-class

Obama urges immediate tax cut extension for middle-class

US President Barack Obama urged Congress Saturday to immediately extend a tax cut for middle class Americans, arguing the move will give 98 percent of families and 97 percent of small businesses certainty that will lead to faster economic growth. "Congres

Published 02 Dec, 2012 12:00am

Obama urges immediate tax cut extension for middle-class

Obama urges immediate tax cut extension for middle-class

US President Barack Obama urged Congress Saturday to immediately extend a tax cut for middle class Americans, arguing the move will give 98 percent of families and 97 percent of small businesses certainty that will lead to faster economic growth. "Congres

Published 02 Dec, 2012 12:00am

Khyber Pakhtunkhwa government urges Supreme Court to declare LHC decision null and void

Khyber Pakhtunkhwa government urges Supreme Court to declare LHC decision null and void

The Khyber Pakhtunkhwa government has strongly objected the decision of the Lahore High Court regarding construction of Kalabagh Dam (KBD), terming it contrary to resolutions unanimously adopted by assemblies of three provinces and urged the Chief Justice

Published 02 Dec, 2012 12:00am

Khyber Pakhtunkhwa government urges Supreme Court to declare LHC decision null and void

Khyber Pakhtunkhwa government urges Supreme Court to declare LHC decision null and void

The Khyber Pakhtunkhwa government has strongly objected the decision of the Lahore High Court regarding construction of Kalabagh Dam (KBD), terming it contrary to resolutions unanimously adopted by assemblies of three provinces and urged the Chief Justice

Published 02 Dec, 2012 12:00am

Assange vows to continue exposing secret documents

Assange vows to continue exposing secret documents

WikiLeaks founder Julian Assange vowed to keep exposing secret documents and defended his controversial website, two years after it published a massive trove of sensitive US diplomatic cables. Marking the anniversary of "cablegate," Assange alleged in a c

Published 02 Dec, 2012 12:00am

Assange vows to continue exposing secret documents

Assange vows to continue exposing secret documents

WikiLeaks founder Julian Assange vowed to keep exposing secret documents and defended his controversial website, two years after it published a massive trove of sensitive US diplomatic cables. Marking the anniversary of "cablegate," Assange alleged in a c

Published 02 Dec, 2012 12:00am

Fraud of Rs 400 million: NAB resumes probe against CBF officials

Fraud of Rs 400 million: NAB resumes probe against CBF officials

National Accountability Bureau (NAB) has resumed its investigation against the officials of Cantonment Board Faisal (CBF), Business Recorder learnt here the other day. According to sources, the bureau had detected a fraud to the tune of Rs 400 mill

Published 02 Dec, 2012 12:00am

Fraud of Rs 400 million: NAB resumes probe against CBF officials

Fraud of Rs 400 million: NAB resumes probe against CBF officials

National Accountability Bureau (NAB) has resumed its investigation against the officials of Cantonment Board Faisal (CBF), Business Recorder learnt here the other day. According to sources, the bureau had detected a fraud to the tune of Rs 400 mill

Published 02 Dec, 2012 12:00am

Fraud of Rs 400 million: NAB resumes probe against CBF officials

Fraud of Rs 400 million: NAB resumes probe against CBF officials

National Accountability Bureau (NAB) has resumed its investigation against the officials of Cantonment Board Faisal (CBF), Business Recorder learnt here the other day. According to sources, the bureau had detected a fraud to the tune of Rs 400 mill

Published 02 Dec, 2012 12:00am

Salim Gilani resigns

Salim Gilani resigns

Salim Abbas Gilani has resigned from the chairmanship of the Board of Directors of Sui Southern Gas Company Limited (SSGCL). He has been replaced by Shahid Aziz Siddiqui as acting Chairman of SSGCL. Addressing the Board meeting held here on Friday Abbas G

Published 02 Dec, 2012 12:00am

Salim Gilani resigns

Salim Gilani resigns

Salim Abbas Gilani has resigned from the chairmanship of the Board of Directors of Sui Southern Gas Company Limited (SSGCL). He has been replaced by Shahid Aziz Siddiqui as acting Chairman of SSGCL. Addressing the Board meeting held here on Friday Abbas G

Published 02 Dec, 2012 12:00am

Salim Gilani resigns

Salim Gilani resigns

Salim Abbas Gilani has resigned from the chairmanship of the Board of Directors of Sui Southern Gas Company Limited (SSGCL). He has been replaced by Shahid Aziz Siddiqui as acting Chairman of SSGCL. Addressing the Board meeting held here on Friday Abbas G

Published 02 Dec, 2012 12:00am

Moody''''s downgrades eurozone rescue funds

Moody''''s downgrades eurozone rescue funds

Credit ratings agency Moody''''s cut its rating for the eurozone rescue funds ESM and EFSF to Aa1 from Aaa following its downgrade of France earlier in November, the agency said on Friday. It said the downgrade of the ESM and the EFSF, which were created

Published 02 Dec, 2012 12:00am

Moody''s downgrades eurozone rescue funds

Moody''s downgrades eurozone rescue funds

Credit ratings agency Moody''s cut its rating for the eurozone rescue funds ESM and EFSF to Aa1 from Aaa following its downgrade of France earlier in November, the agency said on Friday. It said the downgrade of the ESM and the EFSF, which were created to

Published 02 Dec, 2012 12:00am

Moody's downgrades eurozone rescue funds

Moody's downgrades eurozone rescue funds

Credit ratings agency Moody's cut its rating for the eurozone rescue funds ESM and EFSF to Aa1 from Aaa following its downgrade of France earlier in November, the agency said on Friday. It said the downgrade of the ESM and the EFSF, which were created to

Published 02 Dec, 2012 12:00am

Moody's downgrades eurozone rescue funds

Moody's downgrades eurozone rescue funds

Credit ratings agency Moody's cut its rating for the eurozone rescue funds ESM and EFSF to Aa1 from Aaa following its downgrade of France earlier in November, the agency said on Friday. It said the downgrade of the ESM and the EFSF, which were created to

Published 02 Dec, 2012 12:00am

US drone strike kills four

US drone strike kills four

A missile fired from a drone killed four people, including a Yemeni fighter linked to al Qaeda, when it hit their car in South Waziristan on Saturday evening, intelligence and tribal sources said. The strike at Sheen Warsak village followed another drone

Published 02 Dec, 2012 12:00am

US drone strike kills four

US drone strike kills four

A missile fired from a drone killed four people, including a Yemeni fighter linked to al Qaeda, when it hit their car in South Waziristan on Saturday evening, intelligence and tribal sources said. The strike at Sheen Warsak village followed another drone

Published 02 Dec, 2012 12:00am

Harry Potter author 'dismayed' by British Prime Minister on press

Harry Potter author 'dismayed' by British Prime Minister on press

Harry Potter creator J.K. Rowling accused British Prime Minister David Cameron on Saturday of betraying victims of press intrusion after he opposed calls by a major inquiry for laws to regulate newspapers. Rowling, who told the Leveson Inquiry last year t

Published 02 Dec, 2012 12:00am

Clinton says US open to bilateral talks if Iran is 'ever ready'

Clinton says US open to bilateral talks if Iran is 'ever ready'

The United States is open to bilateral talks about Iran's nuclear program if Tehran is "ever ready," US Secretary of State Hillary Clinton said on Friday. Responding to a question, Clinton called Iran the hardest issue she has dealt with as secretary of s

Published 02 Dec, 2012 12:00am

Singapore to send 29 drivers back to China

Singapore to send 29 drivers back to China

Singapore will deport 29 mainland Chinese bus drivers for taking part in a brief strike this week and charge a fifth suspect over the rare bout of industrial action in the tightly regulated Asian financial centre. "The strike was planned and premeditated.

Published 02 Dec, 2012 12:00am

Airport bus crash kills 2 in Miami

Airport bus crash kills 2 in Miami

Two people died and 30 more were injured when a bus crashed into an overpass at Miami International Airport, authorities said Saturday. "One male passenger was instantly killed and a second person died from injuries" after the mid-morning accident, airpor

Published 02 Dec, 2012 12:00am

Top secret British colonial files missing

Top secret British colonial files missing

Some 170 boxes of top secret files on Britain's former colonial administrations have gone missing, while those relating to Singapore may have been destroyed in the 1990s, the government said Friday. In a statement to parliament, Foreign and Commonwealth O

Published 02 Dec, 2012 12:00am

Morsi calls referendum as Islamists march

Morsi calls referendum as Islamists march

Egypt's President Mohamed Morsi called a December 15 referendum on a draft constitution on Saturday as at least 200,000 Islamists demonstrated in Cairo to back him after opposition fury over his newly expanded powers. Speaking after receiving the final dr

Published 02 Dec, 2012 12:00am

Morsi calls referendum as Islamists march

Morsi calls referendum as Islamists march

Egypt's President Mohamed Morsi called a December 15 referendum on a draft constitution on Saturday as at least 200,000 Islamists demonstrated in Cairo to back him after opposition fury over his newly expanded powers. Speaking after receiving the final dr

Published 02 Dec, 2012 12:00am

Government set to hike gas price by Rs 31.12/MMBTU

Government set to hike gas price by Rs 31.12/MMBTU

The government has decided to increase natural gas price for all categories of consumers by up to Rs 31.12 per MMBTU effective from 1 January next year. Official documents obtained by Business Recorder showed that Oil and Gas Regulatory Authority h

Published 02 Dec, 2012 12:00am

Government set to hike gas price by Rs 31.12/MMBTU

Government set to hike gas price by Rs 31.12/MMBTU

The government has decided to increase natural gas price for all categories of consumers by up to Rs 31.12 per MMBTU effective from 1 January next year. Official documents obtained by Business Recorder showed that Oil and Gas Regulatory Authority h

Published 02 Dec, 2012 12:00am

Government set to hike gas price by Rs 31.12/MMBTU

Government set to hike gas price by Rs 31.12/MMBTU

The government has decided to increase natural gas price for all categories of consumers by up to Rs 31.12 per MMBTU effective from 1 January next year. Official documents obtained by Business Recorder showed that Oil and Gas Regulatory Authority h

Published 02 Dec, 2012 12:00am

Trade cargo to India: FBR asked to put in place foolproof system

Trade cargo to India: FBR asked to put in place foolproof system

The Ministry of Foreign Affairs has asked the Federal Board of Revenue to put in place a foolproof monitoring and control mechanism for transporting trade cargo through land route to India. Sources told Business Recorder here on Saturday that Minis

Published 02 Dec, 2012 12:00am

Trade cargo to India: FBR asked to put in place foolproof system

Trade cargo to India: FBR asked to put in place foolproof system

The Ministry of Foreign Affairs has asked the Federal Board of Revenue to put in place a foolproof monitoring and control mechanism for transporting trade cargo through land route to India. Sources told Business Recorder here on Saturday that Minis

Published 02 Dec, 2012 12:00am

Trade cargo to India: FBR asked to put in place foolproof system

Trade cargo to India: FBR asked to put in place foolproof system

The Ministry of Foreign Affairs has asked the Federal Board of Revenue to put in place a foolproof monitoring and control mechanism for transporting trade cargo through land route to India. Sources told Business Recorder here on Saturday that Minis

Published 02 Dec, 2012 12:00am

Make investment, Zardari urges top Chinese officials

Make investment, Zardari urges top Chinese officials

President Asif Ali Zardari on Saturday invited the China Investment Corporation (CIC) to avail enormous opportunities in Pakistan in areas of energy, infrastructure development, mining, communication and agriculture.

Published 02 Dec, 2012 12:00am

Make investment, Zardari urges top Chinese officials

Make investment, Zardari urges top Chinese officials

President Asif Ali Zardari on Saturday invited the China Investment Corporation (CIC) to avail enormous opportunities in Pakistan in areas of energy, infrastructure development, mining, communication and agriculture.

Published 02 Dec, 2012 12:00am

Make investment, Zardari urges top Chinese officials

Make investment, Zardari urges top Chinese officials

President Asif Ali Zardari on Saturday invited the China Investment Corporation (CIC) to avail enormous opportunities in Pakistan in areas of energy, infrastructure development, mining, communication and agriculture.

Published 02 Dec, 2012 12:00am

Provisional figures: July-October tax collection shows Rs 53.1 billion shortfall

Provisional figures: July-October tax collection shows Rs 53.1 billion shortfall

The Federal Board of Revenue has provisionally collected Rs 546.2 billion during first four months of 2012-13 against the target of Rs 599.3 billion, reflecting a shortfall of Rs 53.1 billion. However, the Economic Co-ordination Committee (ECC) of the Cab

Published 02 Dec, 2012 12:00am

Provisional figures: July-October tax collection shows Rs 53.1 billion shortfall

Provisional figures: July-October tax collection shows Rs 53.1 billion shortfall

The Federal Board of Revenue has provisionally collected Rs 546.2 billion during first four months of 2012-13 against the target of Rs 599.3 billion, reflecting a shortfall of Rs 53.1 billion. However, the Economic Co-ordination Committee (ECC) of the Cab

Published 02 Dec, 2012 12:00am

Provisional figures: July-October tax collection shows Rs 53.1 billion shortfall

Provisional figures: July-October tax collection shows Rs 53.1 billion shortfall

The Federal Board of Revenue has provisionally collected Rs 546.2 billion during first four months of 2012-13 against the target of Rs 599.3 billion, reflecting a shortfall of Rs 53.1 billion. However, the Economic Co-ordination Committee (ECC) of the Cab

Published 02 Dec, 2012 12:00am

Talks with US on increased trade: Hafeez

Talks with US on increased trade: Hafeez

US Deputy Secretary of State Thomas R Nides and Pakistan Finance Minister Dr Abdul Hafeez Shaikh co-chaired the US Pakistan Economic and Finance Working Group in Washington, on Friday. The working group focused on expanding bilateral economic engagement,

Published 02 Dec, 2012 12:00am

Talks with US on increased trade: Hafeez

Talks with US on increased trade: Hafeez

US Deputy Secretary of State Thomas R Nides and Pakistan Finance Minister Dr Abdul Hafeez Shaikh co-chaired the US Pakistan Economic and Finance Working Group in Washington, on Friday. The working group focused on expanding bilateral economic engagement,

Published 02 Dec, 2012 12:00am

Talks with US on increased trade: Hafeez

Talks with US on increased trade: Hafeez

US Deputy Secretary of State Thomas R Nides and Pakistan Finance Minister Dr Abdul Hafeez Shaikh co-chaired the US Pakistan Economic and Finance Working Group in Washington, on Friday. The working group focused on expanding bilateral economic engagement,

Published 02 Dec, 2012 12:00am

Law ministry''s advice for mediation with IPPs: power ministry facing awkward situation

Law ministry''s advice for mediation with IPPs: power ministry facing awkward situation

The Ministry of Water and Power is in a difficult position after the Ministry of Law and Justice advised it to resort to expert mediation with IPPs, instead of legal proceeding regarding delay in payments by the power purchaser to Independent Power Produc

Published 02 Dec, 2012 12:00am

Law ministry's advice for mediation with IPPs: power ministry facing awkward situation

Law ministry's advice for mediation with IPPs: power ministry facing awkward situation

The Ministry of Water and Power is in a difficult position after the Ministry of Law and Justice advised it to resort to expert mediation with IPPs, instead of legal proceeding regarding delay in payments by the power purchaser to Independent Power Produc

Published 02 Dec, 2012 12:00am

Law ministry's advice for mediation with IPPs: power ministry facing awkward situation

Law ministry's advice for mediation with IPPs: power ministry facing awkward situation

The Ministry of Water and Power is in a difficult position after the Ministry of Law and Justice advised it to resort to expert mediation with IPPs, instead of legal proceeding regarding delay in payments by the power purchaser to Independent Power Produc

Published 02 Dec, 2012 12:00am

Dual nationality: six Sindh MPAs resign?

Dual nationality: six Sindh MPAs resign?

Six Sindh lawmakers on Saturday tendered resignation over dual nationality issue after the Election Commission of Pakistan (ECP) set November 30th deadline for submitting affidavits on holding of dual nationalities. According to Secretary Sindh Assembly,

Published 02 Dec, 2012 12:00am

Dual nationality: six Sindh MPAs resign?

Dual nationality: six Sindh MPAs resign?

Six Sindh lawmakers on Saturday tendered resignation over dual nationality issue after the Election Commission of Pakistan (ECP) set November 30th deadline for submitting affidavits on holding of dual nationalities. According to Secretary Sindh Assembly,

Published 02 Dec, 2012 12:00am

Dual nationality: ECP to decide fate of 16 parliamentarians tomorrow

Dual nationality: ECP to decide fate of 16 parliamentarians tomorrow

The Election Commission of Pakistan (ECP) has convened an important meeting of the commission on Monday to decide the fate of 16 parliamentarians who have not yet submitted their declaration on dual nationality. Sources in ECP said the Commission may invo

Published 02 Dec, 2012 12:00am

Dual nationality: ECP to decide fate of 16 parliamentarians tomorrow

Dual nationality: ECP to decide fate of 16 parliamentarians tomorrow

The Election Commission of Pakistan (ECP) has convened an important meeting of the commission on Monday to decide the fate of 16 parliamentarians who have not yet submitted their declaration on dual nationality. Sources in ECP said the Commission may invo

Published 02 Dec, 2012 12:00am

The Weather

The Weather

The weather report on Saturday (December 01, 2012) and the forecast for Sunday (December 02, 2012).

Published 02 Dec, 2012 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Karachi chemicals and dyes market rates

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

THE RUPEE: firmness persists

THE RUPEE: firmness persists

As a result of balanced demand and supply of dollar, the rupee maintained firmness against the greenback on the currency market on Saturday, dealers said.

Published 02 Dec, 2012 12:00am

THE RUPEE: firmness persists

THE RUPEE: firmness persists

As a result of balanced demand and supply of dollar, the rupee maintained firmness against the greenback on the currency market on Saturday, dealers said.

Published 02 Dec, 2012 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Currency values in terms of Special Drawing Rights

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 02 Dec, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (December 01, 2012).

Published 02 Dec, 2012 12:00am

Aaj TV - Sunday's schedule

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Dec, 2012 12:00am

Oil cake market rates

Oil cake market rates

Falling trend was seen on the forward cottonseeds oilcake market on Friday in the process of trading, dealers said. The December vaida closed at Rs 444.50 and it opened with a fall 50 paisa at Rs 444.00, they said. The January contract ended at Rs 894.50

Published 02 Dec, 2012 12:00am

Volume of trade on cotton market seriously reduced

Volume of trade on cotton market seriously reduced

Stern behaviour by ginners toward prices caused a drastic fall in the volume of business on the cotton market on Saturday, dealers said. Official spot rate was unchanged at Rs 5,850, they said. Above, 9000 bales of cotton finalised between Rs 5250 and Rs

Published 02 Dec, 2012 12:00am

US corn, soyabean bids fall on Illinois River

US corn, soyabean bids fall on Illinois River

US corn and soyabean spot basis bids fell along the Illinois River on Friday amid looming draft restrictions as low water levels force barge operators to run lighter loads, grain merchants said. Water levels are expected to fall to the lowest point since

Published 02 Dec, 2012 12:00am

China's grain imports to rise

China's grain imports to rise

China will increasingly depend on overseas markets for its grain supplies as domestic production falls behind growing demand, the country's top agriculture official said on Thursday. Chen Xiwen, director of the Chinese Communist Party's top policy making

Published 02 Dec, 2012 12:00am

Russia's 2013 grain harvest seen at 84 million tones

Russia's 2013 grain harvest seen at 84 million tones

Russia, one of the world's biggest wheat exporters, is likely to harvest around 84 million tonnes of grain next year, up from 70.5 million this year but below the 2011 level, Sovecon agriculture analysts said on Friday. The forecast is based on a reduced

Published 02 Dec, 2012 12:00am

Indian coffee continues to fall

Indian coffee continues to fall

Coffee prices in India continued to decline at this week's auction on lack of buying by exporters and on selective purchases by local traders, auctioneer J. Thomas & Co said in a statement on Friday. Arabica plantation PB, and A grade prices fell by 100-1

Published 02 Dec, 2012 12:00am

Canadian canola futures drop

Canadian canola futures drop

ICE Canadian canola futures dipped on Friday for the first time in five sessions, with investors taking profits, but they notched their biggest weekly gain in three months. Canola's weakness reflected a selloff in Chicago soybeans, corn and wheat. Funds,

Published 02 Dec, 2012 12:00am

Wheat export premiums steady at US Gulf Coast

Wheat export premiums steady at US Gulf Coast

Soft red winter wheat export premiums at the US Gulf Coast held mostly steady on Friday amid hopes that top importer Egypt would buy the US-origin grain in an international tender closing on Saturday, traders said. Egypt's GASC set two tenders on Friday t

Published 02 Dec, 2012 12:00am

European wheat prices rise after Algeria's purchase

European wheat prices rise after Algeria's purchase

European wheat prices edged higher on Thursday after news that Algeria had bought up to 375,000 tonnes of wheat, likely French, in its latest tender in another sign of good demand for EU wheat. On the Paris-based milling wheat futures market, January was

Published 02 Dec, 2012 12:00am

Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 119,092 tonnes of cargo comprising 91,272 tonnes of import cargo and 27,820 tonnes of export cargo including 6,348 loaded & empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 91,27

Published 02 Dec, 2012 12:00am

Indian sugar futures steady

Indian sugar futures steady

Indian sugar futures were steady on Friday as subdued demand and higher supplies for the December-to-March period outweighed a delay in cane crushing in Uttar Pradesh, the country's second biggest sugar producing state. At 0946 GMT, the key December contr

Published 02 Dec, 2012 12:00am

Some changes on grain market

Some changes on grain market

Firmness prevailed on the wholesale grain market on Saturday as most of the commodity items held the previous levels due to steady arrival and less buying interest by consumers due to persistent rise in prices, dealers said.

Published 02 Dec, 2012 12:00am

Citigroup layoffs target declining stock-trading business

Citigroup layoffs target declining stock-trading business

One-third of the 150 employees fired in Citigroup's investment bank this week were in the cash equities unit, which had been struggling with an industrywide decline in trading volumes, two people familiar with the layoffs said Friday. Citigroup, already a

Published 02 Dec, 2012 12:00am

Citigroup layoffs target declining stock-trading business

Citigroup layoffs target declining stock-trading business

One-third of the 150 employees fired in Citigroup's investment bank this week were in the cash equities unit, which had been struggling with an industrywide decline in trading volumes, two people familiar with the layoffs said Friday. Citigroup, already a

Published 02 Dec, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
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
Nasdaq / Nov 25	18,054.84
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20
France CAC40 / Nov 25	7,257.47
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61

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	69.17
Gold Spot USD/Ounce / Nov 26	2,623.04
Diesel/Litre / Nov 26	255.14

Gainers
Losers
Leaders

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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