The Oil and Gas Regulatory Authority has fixed CNG price at Rs 74.44 per kg in region-1 which consists of Khyber Pakhtunkhawa, Balochistan and Potohar and Rs 65.78 in region-11 which consists of Punjab and Sindh. In region-1 the CNG price has been increas
The Oil and Gas Regulatory Authority has fixed CNG price at Rs 74.44 per kg in region-1 which consists of Khyber Pakhtunkhawa, Balochistan and Potohar and Rs 65.78 in region-11 which consists of Punjab and Sindh. In region-1 the CNG price has been increas
The Oil and Gas Regulatory Authority has fixed CNG price at Rs 74.44 per kg in region-1 which consists of Khyber Pakhtunkhawa, Balochistan and Potohar and Rs 65.78 in region-11 which consists of Punjab and Sindh. In region-1 the CNG price has been increas
The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday approved fixing CNG price on six monthly basis taking into account gas price and the cost of electricity. Sources said that the ECC meeting, which was presided over by the Finance Minist
The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday approved fixing CNG price on six monthly basis taking into account gas price and the cost of electricity. Sources said that the ECC meeting, which was presided over by the Finance Minist
The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday approved fixing CNG price on six monthly basis taking into account gas price and the cost of electricity. Sources said that the ECC meeting, which was presided over by the Finance Minist
The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession. After months of agonising over the crisis, weeks of debate about a
The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession. After months of agonising over the crisis, weeks of debate about a
The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession. After months of agonising over the crisis, weeks of debate about a
Steadier trend persisted on the currency market on Tuesday as the rupee retained its levels in the process of trading on the first day of the new year, dealers said. The rupee managed to hold its level versus the dollar for buying and selling at 97.60 and
Steadier trend persisted on the currency market on Tuesday as the rupee retained its levels in the process of trading on the first day of the new year, dealers said. The rupee managed to hold its level versus the dollar for buying and selling at 97.60 and
Every organisation should be judged not only on its performance and results but also n how it serves its key stakeholders, namely its customers and the community. Standard Chartered Bank makes a difference in the communities they operate in. its efforts i
Standard Chartered, with a presence in the country approaching 150 years, is the largest international bank in Pakistan. The Bank has a long and established history in Pakistan dated back from 1863, when it inaugurated its first agency office in Karachi.
I am delighted to share that Standard Chartered celebrates its 150 th anniversary in Pakistan this year. Celebrating 150th anniversary is an occasion of incredible pride. We have been with Pakistan, witnessing and participating in its transformation, and
Today, Standard Chartered celebrates its 150th anniversary in Pakistan. We are proud to have been here since 1863, with a long history of serving our clients and customers and working with the community. Through this period of partnership, we have grown i
It is very heartening to note that over the last 150 years, Standard Chartered has been in the bank forefront in the banking industry. The Bank survived the boom and gloom cycles of the 19th Century, the Great Depression and World War-II.
On behalf of the government, I would like to congratulate Standard Chartered Bank on the occasion that marks its 150 years in Pakistan. My best wishes to Standard Chartered for having traversed its journey to become what it is today - the largest foreign
I am pleased to learn that Standard Chartered Bank is celebrating the 150th anniversary of its presence on this land. The Bank started its journey in 1863 by establishing its first office on I.I Chundrigar Road Karachi. Since then it has grown into an int
US health regulators have approved a new Johnson & Johnson drug for patients with tuberculosis who do not respond to other treatments, the company said. The drug is the first in 40 years to tackle the disease using a new mechanism of action, according to
An embarrassing derailment of President Francois Hollande's 75 percent millionaires' tax may open an opportunity to water down a scheme that had damaged France's image with international investors, but he is unlikely to give up without a fight.
Samsung Heavy Industries Co Ltd said an Asian firm which it did not identify cancelled an order for a floating production, storage and offloading (FPSO) unit worth 505 billion won ($471.71 million). The buyer had previously delayed the order due to financ
China will stick to a prudent monetary policy next year and keep consumer prices stable, its outgoing central bank governor, Zhou Xiaochuan, said on Monday, in fresh sign that Beijing won't be changing direction when the new government takes over in 2013.
China will stick to a prudent monetary policy next year and keep consumer prices stable, its outgoing central bank governor, Zhou Xiaochuan, said on Monday, in fresh sign that Beijing won't be changing direction when the new government takes over in 2013.
The Japanese government plans to spend up to 1 trillion yen ($11.6 billion) to buy machinery and factories from domestic manufacturers in a bid to strengthen Japan industrial competitiveness by providing funds for new corporate investments, the Nikkei bus
A major Iranian partner of Huawei Technologies offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator in late 2010, documents show. China's Huawei, the world's second larges
A torrent of water surged Tuesday into Sudan's Blue Nile river at the launch of the expanded Roseires dam, which officials say should help develop one of the country's poorest regions where insurgents are fighting the government. A strategically-important
Japanese electronics giant Sony said it has stopped producing its PlayStation 2 consoles in Japan, fuelling online rumours a PlayStation 4 is in the pipeline. Since launching in 2000 the PlayStation 2 (PS2), which has a Blu-ray player, has sold more than
South Korea's parliament on Tuesday approved a revised government budget for 2013 that focuses more on welfare in response to the next president's pledge to increase social spending. The legislature ratified total spending of 342 trillion won ($319.46 bil
South Korea's trade surplus in 2012 shrank 7.1 percent to $28.6 billion in 2012, data showed Tuesday, as exports were hit by shrinking demand in the key European market. Overseas shipments fell 1.3 percent to $548.2 billion last year, while imports slippe
Japan's population logged a record drop in 2012, health ministry estimates showed Tuesday, highlighting concerns that an ever-dwindling pool of workers is having to pay for a growing number of pensioners. A record low 1,033,000 babies were born last year,
China's manufacturing activity expanded in December for a third straight month, official data showed Tuesday, adding to signs the world's number two economy is emerging from a prolonged downtrend. The official purchasing managers' index (PMI) stood at 50.
Embattled Japanese electronics firm Sharp is considering making a public share offering worth more than 100 billion yen ($1.15 billion) early this year, a report said Tuesday. The public offering could take place in the spring with the firm hoping to use
Embattled Japanese electronics firm Sharp is considering making a public share offering worth more than 100 billion yen ($1.15 billion) early this year, a report said Tuesday. The public offering could take place in the spring with the firm hoping to use
Some of India's auto giants reported on Tuesday a modest increase and some a drop in sales of new cars for the month of December, despite recent festive discounts and new models launched. Tata Motors, India's leading vehicle maker, showed a 51 percent yea
A "sin tax" on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines Tuesday, as part of a government bid to boost finances. Many stores started selling tobacco and drink at inflated prices before midnight, ah
India's troubled Kingfisher Airlines has lost its permit to fly after a deadline to renew its suspended licence expired, the national aviation regulator said on Tuesday. The news is a fresh blow for the debt-laden carrier whose operations have been ground
Oman has awarded US firm Hill International a two-year contract worth 41.8 million rials ($108.5 million) to supervise the expansion of Muscat's international airport, a transport ministry statement said on Tuesday. Hill International will replace Danish
British Prime Minister David Cameron called on his fellow G8 leaders on Tuesday to start work now on agreeing "bold steps" to help boost global economic growth, ahead of a summit he will host in June. In a letter marking the start of Britain's presidency
North Korean leader Kim Jong-Un called Tuesday for a "radical turnabout" in the impoverished country's economy in a rare New Year's address that also appeared to offer an olive branch to South Korea. Kim's speech, broadcast on state television, was the fi
Mexico's IPC stock index ended the year up 17.88 percent, significantly outperforming Brazil's Bovespa, as Mexico benefits from its proximity to an improving US economy and hopes about potential domestic reforms. Following last minute wranglings over the
Indian federal bonds rallied on Tuesday, with the benchmark yield falling below the central bank's current repo rate for the first time since early April 2011, after a scheduled auction was cancelled and the Reserve Bank of India said it will buy more bon
Indian federal bonds rallied on Tuesday, with the benchmark yield falling below the central bank's current repo rate for the first time since early April 2011, after a scheduled auction was cancelled and the Reserve Bank of India said it will buy more bon
Indian shares rose on Tuesday after the US averted the looming 'fiscal cliff' in a last-minute deal with hopes of a rate cut by the Reserve Bank of India beginning to gather steam, leading to gains in bank shares. Analysts say with the New Year Day holida
US Treasury debt prices eased on Monday with long, 30-year bonds falling over a point in price as lawmakers in Washington came closer to reaching an agreement to avert the "fiscal cliff." Treasuries have gained in the past two weeks as worries that tax in
US Treasury debt prices eased on Monday with long, 30-year bonds falling over a point in price as lawmakers in Washington came closer to reaching an agreement to avert the "fiscal cliff." Treasuries have gained in the past two weeks as worries that tax in
Chinese fund managers raised their recommended equity weightings in December to a seven-month high with a strong preference toward financial stocks as an improved economic outlook and market performance boosted risk appetite, the latest Reuters fund poll
Chinese fund managers raised their recommended equity weightings in December to a seven-month high with a strong preference toward financial stocks as an improved economic outlook and market performance boosted risk appetite, the latest Reuters fund poll
The S&P 500 index of leading shares has mostly run its course for the year, likely ending 2012 up 17 percent, although market strategists in the Reuters poll have become more optimistic for next year on aggressive efforts from central banks to stimulate t
Canada's main stock index ended the year up nearly 1 percent on Monday, boosted by the materials sector, as US lawmakers neared a last-minute agreement to avoid the "fiscal cliff" that could push the US economy into recession. Gold rallied in the afternoo
The US, London, European and most Asian stock and financial markets closed for the New Year's Day. Markets resume trading on Wednesday. Hong Kong will re-open on January 2 and China will resume trading on January 4.
US stocks closed out 2012 with their strongest day in more than a month, putting the S&P 500 up 13.4 percent for the year, as lawmakers in Washington closed in on a resolution to the "fiscal cliff" negotiations. The S&P 500's gain for the year marks its b
Brazilian President Dilma Rousseff is likely to loosen the informal trading band for the country's currency and let the real gradually weaken beyond 2.10 per dollar, but such an adjustment will be minor because of concerns over inflation.
Zambians on Tuesday woke up to a new year and new bank notes, which lop off three zeros in a bid to address high inflation that made the currency cumbersome to work with. Zambia's Finance minister Alexander Chikwanda launched the new Kwacha notes assuring
The Polish zloty was a touch weaker on Monday with some market players expecting the state to step in to support the currency if it falls too sharply on the final day of the year as that would increase the final public debt level for 2012. Poland uses the
The Mexican peso rose 1.1 percent to 12.869 per dollar on Monday, its biggest daily gain since mid-September, ending the year up 7.75 percent and outperforming regional competitors as investors flocked to an increasingly fancied currency.
The dollar rose against most currencies on Monday in thin trading, and held its gains even after President Barack Obama said a deal was in sight to avert a fiscal disaster that would have meant tax hikes and spending cuts for the world's largest economy.
Assets at the Exchange Fund, which is used to back the Hong Kong dollar, totalled HK$2,648.2 billion ($341.62 billion) at the end of November, the Hong Kong Monetary Authority (HKMA) said on Monday. The figure was HK$35.9 billion higher than the total at
Assets at the Exchange Fund, which is used to back the Hong Kong dollar, totalled HK$2,648.2 billion ($341.62 billion) at the end of November, the Hong Kong Monetary Authority (HKMA) said on Monday. The figure was HK$35.9 billion higher than the total at
China's money rates jumped on Monday in light volume as banks set aside cash in preparation for regularly scheduled reserve ratio escrow payments on January 5. But dealers still reported ample liquidity in the market given low demand and expect that money
Interbank buy/sell rates for the taka against the dollar on Tuesday. 79.75-79.75 (79.75-79.85). Call Money Rates: 11.00-11.00 percent (previous 7.25-12.00 percent).
Sri Lankan rupee ended weaker on Monday on mild demand for dollars from importers as the market awaits the central bank's broader monetary and financial sector policy announcement for 2013. The rupee closed at 127.70/75 to the dollar compared with Monday'
Asahi Mutual Life Insurance plans to focus on investing in domestic bonds while continuing to cut Japanese stock holdings in the six months to March 2013, as it aims for stable portfolio management, a senior official said, recently. Asahi Life plans to bo
Asahi Mutual Life Insurance plans to focus on investing in domestic bonds while continuing to cut Japanese stock holdings in the six months to March 2013, as it aims for stable portfolio management, a senior official said, recently. Asahi Life plans to bo
The peso's rise is hitting call centres in the Philippines, handicapping the global leader in the lucrative business as it combats a challenge from top rival India, industry officials said Wednesday. Forty percent of the members of the Business Processing
The Ugandan shilling weakened marginally on Monday as some banks covered short dollar positions, leaving the local currency down 7.7 percent against the greenback in 2012. "Much of the shilling's depreciation was in the latter part of the year and was lar
The Indian rupee started 2013 on a positive note tracking gains in local shares after US lawmakers agreed on a deal which would help avert the "fiscal cliff" but weak domestic data limited a sharper rise. The Senate moved the US economy back from the edge
Seventh seed Lu Yen-hsun of Taiwan began the new year on the wrong foot as he crashed to a first-round defeat in the $430,000 ATP Chennai Open on Tuesday. Lu, the 29-year-old veteran ranked 59th in the world, failed to shrug off the rustiness of the off-s
Serena Williams stamped her authority on the Brisbane International on Tuesday when she crushed Frenchwoman Alize Cornet 6-2, 6-2. On a day that saw second seed Maria Sharapova withdraw with an injured collarbone and fifth and sixth seeds Sara Errani and
Manchester United kept a firm grip on the Premier League title race by sweeping to a 4-0 win at Wigan Athletic on the first day of 2013 to maintain their seven-point lead. Champions Manchester City remain United's nearest rivals after a 3-0 success at hom
Respected English cricket journalist and commentator Christopher Martin-Jenkins has died of cancer at the age of 67, his former colleagues announced on Tuesday. Popularly known as 'CMJ' in Great Britain, Martin-Jenkins was one of the voices of Test Match
Pakistan Cricket Board has retained Sana Mir and Bismah Maroof as Captain and Vice Captain, as a 15-member Pakistan women cricket squad for the ICC Women's World Cup to be staged in Mumbai (India) from January 26 to February 17, 2013. The 15-member squad