News Archives for Print - 2013-03-02

US treasuries bid prices

US treasuries bid prices on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Prime Minister for optimum generation

Prime Min-ister Raja Pervez Ashraf Friday directed the Ministry of Water and Power to ensure optimum electricity generation for uninterrupted power supply to consumers. The Prime Minister also asked the Ministry of Water and Power to constantly monitor th

Published 02 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Prime Minister for optimum generation

Prime Min-ister Raja Pervez Ashraf Friday directed the Ministry of Water and Power to ensure optimum electricity generation for uninterrupted power supply to consumers. The Prime Minister also asked the Ministry of Water and Power to constantly monitor th

Published 02 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Power to be imported from four countries

Pakistan will import 2,600 megawatts of electricity from Iran, Tajikistan, Kyrgyzstan and India in a bid to overcome power shortages, Minister for Water and Power Chaudhry Ahmed Mukhtar told the National Assembly on Friday. Giving the break-up in this reg

Published 02 Mar, 2013 12:00am

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 Mar, 2013 12:00am

Power to be imported from four countries

Pakistan will import 2,600 megawatts of electricity from Iran, Tajikistan, Kyrgyzstan and India in a bid to overcome power shortages, Minister for Water and Power Chaudhry Ahmed Mukhtar told the National Assembly on Friday. Giving the break-up in this reg

Published 02 Mar, 2013 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Power to be imported from four countries

Pakistan will import 2,600 megawatts of electricity from Iran, Tajikistan, Kyrgyzstan and India in a bid to overcome power shortages, Minister for Water and Power Chaudhry Ahmed Mukhtar told the National Assembly on Friday. Giving the break-up in this reg

Published 02 Mar, 2013 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Two percent ST imposed on five export sectors

The Federal Board of Revenue (FBR) has imposed 2 percent sales tax on five export-oriented sectors - textile, leather, surgical, carpets and sports from March 1, 2013. The FBR has amended SRO.1125(I)/2011 through an SRO.154(I)/2013 on Friday to bring supp

Published 02 Mar, 2013 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Two percent ST imposed on five export sectors

The Federal Board of Revenue (FBR) has imposed 2 percent sales tax on five export-oriented sectors - textile, leather, surgical, carpets and sports from March 1, 2013. The FBR has amended SRO.1125(I)/2011 through an SRO.154(I)/2013 on Friday to bring supp

Published 02 Mar, 2013 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Two percent ST imposed on five export sectors

The Federal Board of Revenue (FBR) has imposed 2 percent sales tax on five export-oriented sectors - textile, leather, surgical, carpets and sports from March 1, 2013. The FBR has amended SRO.1125(I)/2011 through an SRO.154(I)/2013 on Friday to bring supp

Published 02 Mar, 2013 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 (March 01, 2013).

Published 02 Mar, 2013 12:00am

Two percent ST imposed on five export sectors

The Federal Board of Revenue (FBR) has imposed 2 percent sales tax on five export-oriented sectors - textile, leather, surgical, carpets and sports from March 1, 2013. The FBR has amended SRO.1125(I)/2011 through an SRO.154(I)/2013 on Friday to bring supp

Published 02 Mar, 2013 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 (March 01, 2013).

Published 02 Mar, 2013 12:00am

Fiscal year 2014 budget contours emerge

The government has finalised contours of budget for next fiscal year envisaging 4.5 percent GDP growth, 5 percent fiscal deficit and a total outlay of around Rs 3.175 trillion, it is reliably learnt. Sources told Business Recorder that Budget Strat

Published 02 Mar, 2013 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 (March 01, 2013).

Published 02 Mar, 2013 12:00am

Fiscal year 2014 budget contours emerge

The government has finalised contours of budget for next fiscal year envisaging 4.5 percent GDP growth, 5 percent fiscal deficit and a total outlay of around Rs 3.175 trillion, it is reliably learnt. Sources told Business Recorder that Budget Strat

Published 02 Mar, 2013 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Fiscal year 2014 budget contours emerge

The government has finalised contours of budget for next fiscal year envisaging 4.5 percent GDP growth, 5 percent fiscal deficit and a total outlay of around Rs 3.175 trillion, it is reliably learnt. Sources told Business Recorder that Budget Strat

Published 02 Mar, 2013 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Anti-terror exercise held at Corps Headquarters

In the wake of new security challenges posed by extremist elements, a Joint Counter Terrorism exercise in a series was held under the aegis of Corps Headquarters at Karachi on Friday. An Inter Services Public Relations (ISPR) press release issued here sai

Published 02 Mar, 2013 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 (March 01, 2013).

Published 02 Mar, 2013 12:00am

Anti-terror exercise held at Corps Headquarters

In the wake of new security challenges posed by extremist elements, a Joint Counter Terrorism exercise in a series was held under the aegis of Corps Headquarters at Karachi on Friday. An Inter Services Public Relations (ISPR) press release issued here sai

Published 02 Mar, 2013 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 (March 01, 2013).

Published 02 Mar, 2013 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 02 Mar, 2013 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 02 Mar, 2013 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (March 01, 2013).

Published 02 Mar, 2013 12:00am

New York cotton

The fluctuations observed during the day:

Published 02 Mar, 2013 12:00am

New York cotton

The fluctuations observed during the day:

Published 02 Mar, 2013 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Mar, 2013 12:00am

BRIDGE NOTES: Did you?

Bridge is a game of wits. Of course logic and reasoning, being two elemental ingredients of intellect, need to be in plentiful if one is to emerge as a good, sound Bridge player in keeping with the maximum that "Bridge is a game of intellect." But more of

Published 02 Mar, 2013 12:00am

BOOK REVIEWS: Fifty years of progressive Urdu prose

First of all let me introduce (Syed Ali Husnain) Jamal Naqvi. A qualified engineer who has recently retired from a senior managerial post at Karachi Shipyard. But it was his second love, first being literature, in that field he has proved an all-rounder.

Published 02 Mar, 2013 12:00am

ART FACTS: Abstract art with expressive imagery

Distress, depression and discomposure dominate Riaz Rafi's new work. Expressive abstract forms in his paintings have hopelessness and fear as the most prominent aspect of our daily lives. The abstract figures of men and mostly women touch the basic proble

Published 02 Mar, 2013 12:00am

KARACHI CHRONICLE: Fruit paradise

Karachi is the country's cornucopia, full to overflowing with fruit from all over Pakistan, from neighbouring countries, and distant lands. Besides fresh fruit we have plenty of tinned varieties both local and imported. However, in this fruit paradise the

Published 02 Mar, 2013 12:00am

Pakistan: perspective from Canada

Pakistan remains turbulent in terms of political instability and violent incidents. Things are getting from bad to worse with no sign of improvement. Of late, a number of painful and yet funny incidents have happened that is causing a lot of embarrassment

Published 02 Mar, 2013 12:00am

Bringing old city back to life

In the early 1960s, I was in charge of our Haji E. Dossa & Sons Limited, Guar Gum Factory in Rangiwara (Lyari) Karachi. Chemist addressing quality control, production of Guar Gum was a Japanese Seiko Kobayashi. State visit of Japanese Crown Prince Akhito

Published 02 Mar, 2013 12:00am

No deal on grain market

Not a single change was seen on the wholesale grain and oilseeds market on Friday, release of Grain Merchant Group said.

Published 02 Mar, 2013 12:00am

China to sell wheat from reserves

China will release wheat and rapeseed oil from state reserves in early March, industry portal China Cereal said on Friday, a move aimed at cooling domestic wheat prices that are near record highs. China will sell 1.285 million tonnes of wheat and 100,000

Published 02 Mar, 2013 12:00am

Russia's Krasnodar region may double grain harvest

Russia's largest Black Sea farm region, Krasnodar, may double its grain harvest this year, the regional department of the Agriculture Ministry said on Tuesday. Krasnodar is a key wheat-producing region for Russia, which is normally one of the world's top

Published 02 Mar, 2013 12:00am

US Midwest corn bids higher at river

Corn spot basis bids were steady to higher at river and rail terminals around the US Midwest on Thursday as country offerings of the grain remained light despite the highest futures in three weeks, grain merchants said. Dealers noted a small increase in f

Published 02 Mar, 2013 12:00am

Bangladesh sugar output seen at 100,000 tonnes

Bangladesh's sugar output for 2012/13 will likely rise about 40 percent to 100,000 tonnes, thanks to a good crop of sugar cane, while imports of raw sugar will also increase after overseas sales of refined sugar were allowed. "This year, we received more

Published 02 Mar, 2013 12:00am

Ukraine may raise wheat exports to 8-9 million tones

Ukraine is likely to increase its wheat exports to between 8 million and 9 million tonnes in the 2013/14 season, as crop yields recover from last year's levels which were hit by adverse weather, analyst UkrAgroConsult said. This compared with about 6.3 mi

Published 02 Mar, 2013 12:00am

Soya export premiums fall at US Gulf Coast

Soyabean export premiums for near term shipments at the US Gulf Coast fell on Thursday in tandem with sinking CIF barge basis values and declining South American export premiums, traders said. Brazilian soyabean premiums dropped amid lengthy vessel loadin

Published 02 Mar, 2013 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 167,697 tonnes of cargo comprising 145,754 tonnes of import cargo and 21,943 tonnes of export cargo including 3,753 loaded and empty containers during the last 24 hours ended at 0700 hours on Friday. The total import cargo of 145,

Published 02 Mar, 2013 12:00am

EU clears 387,000 tonnes of wheat for exports

The European Union this week granted export licences for 387,000 tonnes of soft wheat, taking the total since the beginning of the 2012/13 (July-June) season to 13.1 million tonnes, official data showed on Thursday. The total so far this season compared w

Published 02 Mar, 2013 12:00am

Rates up on cotton market after tax on import news

Exporters and mills both were busy in fresh purchasing of cotton after the news of withholding and sale taxes imposed on imports of cotton, dealers said on the local market on Friday. The official spot rate was unchanged at Rs 6,450, dealers said. Seed co

Published 02 Mar, 2013 12:00am

Facebook buys advertising firm from Microsoft

Facebook agreed Thursday to buy Atlas Advertiser Suite from Microsoft as part of an effort to boost ad revenues at the massive social network. Terms of the deal were not disclosed. "Atlas is a leader in campaign management and measurement for marketers an

Published 02 Mar, 2013 12:00am

Goldman trims risk-taking to lowest level in seven years

Goldman Sachs Group Inc reduced its risk-taking for a third straight year, with potential losses from trading positions dropping to the lowest level in seven years, reflecting a more cautious stance towards markets. The Wall Street bank's average daily va

Published 02 Mar, 2013 12:00am

Goldman trims risk-taking to lowest level in seven years

Goldman Sachs Group Inc reduced its risk-taking for a third straight year, with potential losses from trading positions dropping to the lowest level in seven years, reflecting a more cautious stance towards markets. The Wall Street bank's average daily va

Published 02 Mar, 2013 12:00am

Freddie Mac posts $11 billion annual profit

US mortgage finance giant Freddie Mac has posted an $11 billion annual profit for 2012, compared to a loss of $5.3 billion a year earlier. The government-controlled company, bailed out during the 2008 financial crisis, also reported $4.5 billion in net in

Published 02 Mar, 2013 12:00am

Freddie Mac posts $11 billion annual profit

US mortgage finance giant Freddie Mac has posted an $11 billion annual profit for 2012, compared to a loss of $5.3 billion a year earlier. The government-controlled company, bailed out during the 2008 financial crisis, also reported $4.5 billion in net in

Published 02 Mar, 2013 12:00am

Britain heads for new recession as factories slump and mortgage lending slides

The risk that Britain is entering its third recession in four years grew on Friday with figures showing that manufacturing shrank unexpectedly last month and mortgage approvals for home buyers dropped in January. Gross domestic product fell at the end of

Published 02 Mar, 2013 12:00am

Britain heads for new recession as factories slump and mortgage lending slides

The risk that Britain is entering its third recession in four years grew on Friday with figures showing that manufacturing shrank unexpectedly last month and mortgage approvals for home buyers dropped in January. Gross domestic product fell at the end of

Published 02 Mar, 2013 12:00am

Taxes squeeze US households, factories to add growth

US consumer spending was tepid in January as higher taxes squeezed household incomes, but vigour in the manufacturing sector last month suggested economic growth picked up this quarter after stalling in late 2012. Other data on Friday showed consumer sent

Published 02 Mar, 2013 12:00am

Opec oil output up, first rise since October: survey

Opec crude oil output rose in February, the first monthly increase since October, due to higher exports from Iraq and a slight increase in supply from top exporter Saudi Arabia, a Reuters survey found on Friday. Supply from the 12-member Organisation of t

Published 02 Mar, 2013 12:00am

Lloyds bank posts 2012 losses, but awards staff bonuses

Britain's state-rescued Lloyds bank on Friday posted a 2012 net loss of £1.43 billion, rocked by huge compensation for insurance mis-selling, but awarded its boss and staff a large round of bonuses. The loss after taxation, equivalent to $2.16 billion or

Published 02 Mar, 2013 12:00am

Lloyds bank posts 2012 losses, but awards staff bonuses

Britain's state-rescued Lloyds bank on Friday posted a 2012 net loss of £1.43 billion, rocked by huge compensation for insurance mis-selling, but awarded its boss and staff a large round of bonuses. The loss after taxation, equivalent to $2.16 billion or

Published 02 Mar, 2013 12:00am

China's factory growth fizzles as demand wanes

China's factory growth cooled to multi-month lows in February as domestic demand dipped, weighing on firms already hit by slack foreign sales and underlining the patchiness of the country's economic recovery. But the bigger-than-expected retreat in two pu

Published 02 Mar, 2013 12:00am

Eurozone unemployment hits record, inflation falls

Official data Friday painted a far from encouraging picture of the European economy, with unemployment running at record and "unacceptable" highs in the eurozone while inflation fell sharply, highlighting the weakness of consumer demand. Separately, a clo

Published 02 Mar, 2013 12:00am

Indian shares bounce from three-month lows

Indian shares rose on Friday, rebounding from three-month lows as bluechips such as HDFC seen as oversold rose, and after the finance ministry clarified it would not question the validity of tax residency certificates held by foreign investors. India's in

Published 02 Mar, 2013 12:00am

Nikkei gains for third straight week

Japan's Nikkei stock average edged higher on Friday, led by demand for real estate stocks as investors bet on the new Bank of Japan chief pursuing aggressive monetary easing to pull the world's third-largest economy out of deflation. The Nikkei closed up

Published 02 Mar, 2013 12:00am

Friday's early trade: stocks little changed

US stocks were little changed, trimming earlier losses by mid-morning trading on Friday, with the Dow index turning positive briefly after an encouraging read on manufacturing data. The Dow Jones industrial average was down just 0.89 points, or 0.01 perce

Published 02 Mar, 2013 12:00am

Wall Street ends flat

US stocks ended flat on Thursday, giving up modest gains late in the session, denying the Dow a chance to inch closer to all-time highs. The S&P 500 still managed to close out February with a fourth straight month of gains. JC Penney Co Inc was the day's

Published 02 Mar, 2013 12:00am

Taiwan stocks advance

Taiwan stocks closed 0.84 percent higher on Friday, with defensive shares such as car makers and food counters the biggest gainers, both rising over 2.2 percent. The main TAIEX index gained 66.65 points to 7,964.63, after opening up 0.25 percent. Electron

Published 02 Mar, 2013 12:00am

US bond prices rise, spending cuts in focus

US Treasuries ended slightly higher in price on Thursday in choppy trading, lifted by safe-haven buying on the eve of federal spending cuts that could curb US economic growth. Month-end buying as money managers adjusted their average portfolio duration to

Published 02 Mar, 2013 12:00am

US bond prices rise, spending cuts in focus

US Treasuries ended slightly higher in price on Thursday in choppy trading, lifted by safe-haven buying on the eve of federal spending cuts that could curb US economic growth. Month-end buying as money managers adjusted their average portfolio duration to

Published 02 Mar, 2013 12:00am

Australian shares slip

Australian shares closed 0.4 percent lower on Friday, dragged down by a sell-off in cyclical stocks as investors took profits from a recent rally. The market still ended the week 1.4 percent higher, and it has gained 9.4 percent this year thanks to reduce

Published 02 Mar, 2013 12:00am

Hong Kong shares erase most of this week's gains, underperform China

Hong Kong and China shares saw their weekly gains reduced on Friday after Chinese manufacturing data came in below expectations and was the weakest since September. Friday's losses came after stocks had their biggest daily gains in weeks the previous day.

Published 02 Mar, 2013 12:00am

European shares slip

European shares edged lower on Friday, impacted by weaker bank and mining stocks, and traders expected equities to stay trapped in a tight range this month with uncertainty over Italian elections denting sentiment. The pan-European FTSEurofirst 300 index

Published 02 Mar, 2013 12:00am

Italy's share trade tax cuts volume, hits index

Italy launched a tax on share trades on Friday that slashed equity volumes and sparked a stocks sell-off in a sign of what could happen if a planned European levy on financial dealings comes into force. The tax, introduced less than a year before the broa

Published 02 Mar, 2013 12:00am

Italy's share trade tax cuts volume, hits index

Italy launched a tax on share trades on Friday that slashed equity volumes and sparked a stocks sell-off in a sign of what could happen if a planned European levy on financial dealings comes into force. The tax, introduced less than a year before the broa

Published 02 Mar, 2013 12:00am

Growth worries, corporate news pressure FTSE

Britain's top share index fell in choppy trade on Friday as poor manufacturing data from China and the UK economy worried investors wading through a raft of corporate updates. UK bluechips fell 32.80 points, or 0.5 percent, to 6,328.01, with dealers citin

Published 02 Mar, 2013 12:00am

Yuan ends down

The yuan closed down a touch against the dollar on Friday after the People's Bank of China (PBOC) set its daily midpoint slightly weaker to reflect an overnight dollar rise in global markets. Spot yuan closed at 6.2237 per dollar, down 0.04 percent from T

Published 02 Mar, 2013 12:00am

Indian rupee drops

The Indian rupee dropped for a second session on Friday, hiting its lowest level in over a month-and-half as stop-losses were triggered in the dollar after rumours of a possible downgrade by Fitch Ratings and the follow-on breach of a key technical level.

Published 02 Mar, 2013 12:00am

Euro steadies in Asia

The euro steadied in Asian trade on Friday, a day after its biggest monthly fall against the dollar in nine months, as investors took slightly disappointing Chinese factory data in stride. The single currency's upside remained capped as political uncertai

Published 02 Mar, 2013 12:00am

Dollar rises to six-month high versus majors in London

The dollar rose to a six-month high against a basket of currencies, buoyed by sharp gains against the euro on growing evidence the US economy is picking up even as the euro zone struggles. Traders said poor economic data in the euro zone, along with cooli

Published 02 Mar, 2013 12:00am

Early trade in New York: Euro plunges to 2013 low

The euro tumbled to a 2013 low against the US dollar on Friday while the dollar rose to a six-month high against a basket of currencies as weak euro zone data highlighted a growing economic disparity with the United States. Speculation that the European C

Published 02 Mar, 2013 12:00am

Dollar gains in New York

Stalemate in the United States over automatic government spending cuts due to take effect on March 1 and an inconclusive election in Italy undermined the euro on Thursday, sending it back toward seven-week lows against the US dollar. The greenback also fo

Published 02 Mar, 2013 12:00am

Taiwan dollar, baht up

The Taiwan dollar and the Thai baht rose on Friday helped by inflows into their stock markets while the Indonesian rupiah lost ground as the trade balance stayed in deficit in January and inflation hit a 20-month high last month. Foreign investors bought

Published 02 Mar, 2013 12:00am

Pound falls below $1.50 for first time since July 2010

Sterling fell below $1.50 for the first time since July 2010 on Friday after data showed Britain's manufacturing sector suffered a shock contraction in February and raised expectations of more monetary easing in the near term. Speculation is growing that

Published 02 Mar, 2013 12:00am

Casillas wary of Barcelona backlash

Real Madrid captain Iker Casillas is expecting a backlash from Barcelona when the two meet again in the league on Saturday after Madrid's 3-1 victory over the Catalans on Tuesday. The Spanish champions booked their place in the Spanish Cup final with a co

Published 02 Mar, 2013 12:00am

Ferrer, Nadal reach Acapulco semi-finals

Rafael Nadal's injury comeback gathered pace Thursday as the 11-time Grand Slam champion reached the semi-finals of the Mexican Open and inched closer to a possible title showdown with fellow Spaniard David Ferrer. Nadal, playing his third tournament in f

Published 02 Mar, 2013 12:00am

Transfer bonanza ends as Russian clubs tighten belts

Russian Premier League clubs have stopped throwing their money around the international transfer market after last-year's impressive spree, showing greater restraint during the winter transfer window. Anzhi Makhachkala, financially backed by oil and metal

Published 02 Mar, 2013 12:00am

GoalControl latest to receive FIFA green light

Germany company GoalControl became the fourth supplier of goal-line technology (GLT) to receive its FIFA licence, world football's governing body announced Friday. The GoalControl system utilises 14 high-speed cameras installed around the pitch that conti

Published 02 Mar, 2013 12:00am

Japan welcomes IOC chief for Tokyo visit

The head of the committee tasked with evaluating bids for the 2020 Olympic games arrived in Japan on Friday as Tokyo readied to showcase its facilities. International Olympic Committee Vice President Craig Reedie, who leads the Evaluation Commission, was

Published 02 Mar, 2013 12:00am

Rain washes out South Africa-Pakistan T20 clash

The first Twenty20 international between South Africa and Pakistan was abandoned because of rain at Kingsmead on Friday. Rain fell for most of the afternoon and was still falling at the scheduled time for the toss. Although the pitch area was covered ther

Published 02 Mar, 2013 12:00am

Giggs signs new one-year deal at Man United: club

Ryan Giggs, who is set to make his 1,000th appearance in senior football this weekend, has signed a new one-year contract at Manchester United, the club announced on Friday. The English Premier League leaders said the deal keeps the 39-year-old Wales wing

Published 02 Mar, 2013 12:00am

Alpine skiing: Maze hunts record, Weirather claims Super-G

Liechtenstein's Tina Weirather earned the first World Cup win of her career in Friday's Super-G as overall leader Tina Maze edged closer to Hermann Maier's points record. Weirather, from the tiny European principality, was the fastest down the Khandahar c

Published 02 Mar, 2013 12:00am

Defending champ Hsieh out of Malaysian Open

Defending champion Hsieh Su Wei lost in the BMW Malaysian Open's quarter-finals Friday, going down 7-5, 6-2 to American wildcard Bethanie Mattek-Sands. The Taiwanese's defeat, coupled with seed number one Caroline Wozniacki's first-round loss on Wednesday

Published 02 Mar, 2013 12:00am

Mancini urges City to keep fighting

Manchester City manager Roberto Mancini has told his side "everything is possible" as they try to overhaul leaders Manchester United at the top of the Premier League table. Reigning champions City, currently second, could be 15 points adrift of their cros

Published 02 Mar, 2013 12:00am

England collapse in New Zealand Test warm-up

England's top order collapsed to give a New Zealand XI hope of an unlikely victory on day three of a four-day warm-up match in Queenstown on Friday. After resuming their first innings on 224, the New Zealanders declared at seven for 349, with BJ Watling (

Published 02 Mar, 2013 12:00am

Djokovic reaches his 55th final

World number one Novak Djokovic extended his unbeaten run to 17 matches and put himself within one victory of regaining the Dubai Open title after an absorbing two-set tussle with former US Open champion Juan Martin Del Potro. The Serbian was again in rem

Published 02 Mar, 2013 12:00am

Scientists spot birth of giant planet

Astronomers using a powerful telescope in southern Chile said Thursday they have captured the first direct image of a protoplanet forming around another star, still embedded in thick gas and dust. An international team of researchers said the disc of gas

Published 02 Mar, 2013 12:00am

Bombings in Iraq kill at least 8

Bombings in Iraq, including two car bombs at a sheep market, killed at least eight people and wounded dozens more on Friday, security and medical officials said. Brigadier General Abdul Jalil al-Assadi, the police chief of Diwaniyah province, said the car

Published 02 Mar, 2013 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
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Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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