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Print - 2013-03-04
Futures spreads increase by 43 basis points

Futures spreads increase by 43 basis points

The futures spreads increased by 43 basis points during the week ended on March 01, 2013, to 7.66 percent while trading activities on the futures counter remained under pressure as average daily volumes witnessed decrease of 33.6 percent to 22.36 million
Published 04 Mar, 2013 12:00am
Upward momentum

Upward momentum

Karachi Stock Market continued its upward thrust throughout the week on the back of continued robust corporate results for the quarter ended December 2012 and steady foreign portfolio investment inflow. The KSE-100 index closed at an all-time high level o
Published 04 Mar, 2013 12:00am
Upward momentum

Upward momentum

Karachi Stock Market continued its upward thrust throughout the week on the back of continued robust corporate results for the quarter ended December 2012 and steady foreign portfolio investment inflow. The KSE-100 index closed at an all-time high level o
Published 04 Mar, 2013 12:00am
Upward momentum

Upward momentum

Karachi Stock Market continued its upward thrust throughout the week on the back of continued robust corporate results for the quarter ended December 2012 and steady foreign portfolio investment inflow. The KSE-100 index closed at an all-time high level o
Published 04 Mar, 2013 12:00am
Hafeez leads Pakistan to big win

Hafeez leads Pakistan to big win

Mohammad Hafeez put a poor Test series behind him to lead Pakistan to a crushing 95-run win in the second and final Twenty20 international against South Africa at SuperSport Park here on Sunday.
Published 04 Mar, 2013 12:00am
Hafeez leads Pakistan to big win

Hafeez leads Pakistan to big win

Mohammad Hafeez put a poor Test series behind him to lead Pakistan to a crushing 95-run win in the second and final Twenty20 international against South Africa at SuperSport Park here on Sunday.
Published 04 Mar, 2013 12:00am
Swiss back executive pay curbs in referendum

Swiss back executive pay curbs in referendum

Swiss citizens voted on Sunday to impose some of the world''s strictest controls on executive pay, forcing public companies to give shareholders a binding vote on compensation, result projections showed. Claude Longchamp of pollsters Gfs.
Published 04 Mar, 2013 12:00am
Swiss back executive pay curbs in referendum

Swiss back executive pay curbs in referendum

Swiss citizens voted on Sunday to impose some of the world's strictest controls on executive pay, forcing public companies to give shareholders a binding vote on compensation, result projections showed. Claude Longchamp of pollsters Gfs.
Published 04 Mar, 2013 12:00am
Swiss back executive pay curbs in referendum

Swiss back executive pay curbs in referendum

Swiss citizens voted on Sunday to impose some of the world's strictest controls on executive pay, forcing public companies to give shareholders a binding vote on compensation, result projections showed. Claude Longchamp of pollsters Gfs.
Published 04 Mar, 2013 12:00am
Generating additional revenue: FBR implements new withholding tax plan

Generating additional revenue: FBR implements new withholding tax plan

In addition to new taxation measures, the Federal Board of Revenue (FBR) has implemented a new withholding tax plan on national level to generate additional revenue for meeting revised target of Rs 2,231 billion in 2012-2013. Sources told Business Reco
Published 04 Mar, 2013 12:00am
Generating additional revenue: FBR implements new withholding tax plan

Generating additional revenue: FBR implements new withholding tax plan

In addition to new taxation measures, the Federal Board of Revenue (FBR) has implemented a new withholding tax plan on national level to generate additional revenue for meeting revised target of Rs 2,231 billion in 2012-2013. Sources told Business Reco
Published 04 Mar, 2013 12:00am
Generating additional revenue: FBR implements new withholding tax plan

Generating additional revenue: FBR implements new withholding tax plan

In addition to new taxation measures, the Federal Board of Revenue (FBR) has implemented a new withholding tax plan on national level to generate additional revenue for meeting revised target of Rs 2,231 billion in 2012-2013. Sources told Business Reco
Published 04 Mar, 2013 12:00am
THE RUPEE: little changes on open market

THE RUPEE: little changes on open market

The rupee moved cautiously in relation to the dollar on the currency market during the week ended on March 2. On the interbank market, the rupee moved down versus the dollar, losing seven paisa for buying at 98.23 and it shed six paisa for selling at 98.2
Published 04 Mar, 2013 12:00am
THE RUPEE: little changes on open market

THE RUPEE: little changes on open market

The rupee moved cautiously in relation to the dollar on the currency market during the week ended on March 2. On the interbank market, the rupee moved down versus the dollar, losing seven paisa for buying at 98.23 and it shed six paisa for selling at 98.2
Published 04 Mar, 2013 12:00am
Kerry in Riyadh for talks on Iran and Syria

Kerry in Riyadh for talks on Iran and Syria

US Secretary of State John Kerry arrived in the Saudi capital on Sunday for talks with the Gulf monarchies on Iran and the deadly conflict roiling Syria. Kerry, on his first trip to the region since taking over as the top US diplomat, was to dine with for
Published 04 Mar, 2013 12:00am
Kerry in Riyadh for talks on Iran and Syria

Kerry in Riyadh for talks on Iran and Syria

US Secretary of State John Kerry arrived in the Saudi capital on Sunday for talks with the Gulf monarchies on Iran and the deadly conflict roiling Syria. Kerry, on his first trip to the region since taking over as the top US diplomat, was to dine with for
Published 04 Mar, 2013 12:00am
Strike and mourning day today

Strike and mourning day today

Jafaria Alliance on Sunday gave strike call for Monday (today) in Karachi against Abbas Town blast that killed 47 people and injured over hundred others, while Muttahida Qaumi Movement (MQM), Majlis Wahdat-ul-Muslimeen (MWM) and other parties called for o
Published 04 Mar, 2013 12:00am
Strike and mourning day today

Strike and mourning day today

Jafaria Alliance on Sunday gave strike call for Monday (today) in Karachi against Abbas Town blast that killed 47 people and injured over hundred others, while Muttahida Qaumi Movement (MQM), Majlis Wahdat-ul-Muslimeen (MWM) and other parties called for o
Published 04 Mar, 2013 12:00am
Karachi clearly rattled

Karachi clearly rattled

At least 47 persons, including women and children, were killed after terrorists detonated highly explosive material stuffed in a vehicle near an Imambargah in Abbas Town here on Sunday night. As many as 150 persons were reported injured, several of them i
Published 04 Mar, 2013 12:00am
Karachi clearly rattled

Karachi clearly rattled

At least 47 persons, including women and children, were killed after terrorists detonated highly explosive material stuffed in a vehicle near an Imambargah in Abbas Town here on Sunday night. As many as 150 persons were reported injured, several of them i
Published 04 Mar, 2013 12:00am
The Weather

The Weather

The weather report on Sunday (March 03, 2013) and the forecast for Monday (March 04, 2013).

Published 04 Mar, 2013 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (February 25 to March 01 2013).

Published 04 Mar, 2013 12:00am
Monitoring WHT collection: tax authorities identify priority areas

Monitoring WHT collection: tax authorities identify priority areas

The Federal Board of Revenue (FBR) has started strict monitoring of withholding tax collection/deduction from supplies/sales, contracts, imports, salaries, telephone, export, bank interests/ securities, cash withdrawals, dividends and electricity to impro
Published 04 Mar, 2013 12:00am
UAF five-day Literature and Cultural Festival commences today

UAF five-day Literature and Cultural Festival commences today

University of Agriculture Faisalabad (UAF) is going to organise a five-day Literature and Cultural Festival from Monday (today) to promote literary activities. In this regard, a meeting was held at Syndicate Room with UAF Vice Chancellor Prof Dr Iqrar Ahm
Published 04 Mar, 2013 12:00am
Cotton market hit by news of imposition of ST, WHT

Cotton market hit by news of imposition of ST, WHT

Cotton: Trading activity on the cotton market retained its vigour as buying by mills continued during the course of the week. With the season drawing to a close, pressure on prices has been mounting and mills have started afresh on a buying spree in a bid
Published 04 Mar, 2013 12:00am
Rising costs drag oil and gas into factory age

Rising costs drag oil and gas into factory age

Oil engineering consultant Steve earns 550,000 Australian dollars ($560,000) a year and is seeing new graduates signed up for six-figure salaries. These pay rates, along with other rising costs the oil industry cannot control, are sharpening its focus on
Published 04 Mar, 2013 12:00am
Dairy animals - II

Dairy animals - II

It's a major area of thirst to establish a research plan so that the mapping of the minerals status can be done in different zones, in order to cope with the prevailing mineral deficiencies.
Published 04 Mar, 2013 12:00am
Long haul ahead for Britain's struggling economy

Long haul ahead for Britain's struggling economy

When the financial crisis began to spread five years ago, British coffee machine-maker Fracino raced to get ahead of it. From the firm's base in Birmingham, it carved out new markets in the Middle East, Asia and even Italy for its cappuccino and espresso
Published 04 Mar, 2013 12:00am
Dual nationality

Dual nationality

The Election Commission of Pakistan (ECP) is engaged in drafting and seeking approval where required, of a set of rules for prospective candidates, some based on court decisions, for the forthcoming elections some of which are not supported by several pol
Published 04 Mar, 2013 12:00am
APC on dialogue with Taliban

APC on dialogue with Taliban

Like the first All Parties' Conference hosted by the ANP, the second one convened on Thursday by JUI-F chief Maulana Fazlur Rehman, also gave full backing to a proposal to open peace dialogue with the Taliban. It was a step forward from the previous confe
Published 04 Mar, 2013 12:00am
Government borrowings from banks

Government borrowings from banks

State Bank has been extremely concerned and raising its voice at various forums about the tendency of the government to borrow excessively from the banking system in the last few years, which in turn, results in contraction of credit to the private sector
Published 04 Mar, 2013 12:00am
Banks to receive Hajj applications from March 5

Banks to receive Hajj applications from March 5

The designated branches of banks will start receiving Hajj applications from the Government scheme intending pilgrims from Tuesday (March 5) on first come first serve basis. According to an official, the banks have been directed to stop receiving Hajj app
Published 04 Mar, 2013 12:00am
Tameer Energy, Planetary Power to offer low-cost energy solutions

Tameer Energy, Planetary Power to offer low-cost energy solutions

An international energy solutions company is gearing up to help the Pakistani business community by offering latest and low cost energy solutions. Saeed Zuberi, CEO of Tameer Energy, a group company of Tameer Foundation, said that his company intended to
Published 04 Mar, 2013 12:00am
KP likely to review social security tax

KP likely to review social security tax

Chief Minister Khyber-Pakhtunkhwa, Amir Haider Khan Hoti, on Sunday directed the Department of Industries and Deputy Commissioner (DC) Peshawar for preparation of a detailed report on the social security tax to find solution to the matter.
Published 04 Mar, 2013 12:00am
PTEA for reversal of decision to withdraw zero-rating

PTEA for reversal of decision to withdraw zero-rating

Pakistan Textile Exporters Association (PTEA) has rejected the withdrawal of zero-rating of exports and termed imposition of 2 percent sales tax on textile and increase in withholding tax a detrimental to the overall business activities in the country and
Published 04 Mar, 2013 12:00am
Sanaullah accuses Sindh government of patronizing target killers

Sanaullah accuses Sindh government of patronizing target killers

Provincial Minister for Law, Rana Sanaullah Khan, has said that Sharjeel Memon should peep into his conscience before commenting over the law and order situation in Punjab. Commenting upon the statement of Sharjeel Memon, Rana Sanaullah accused the Sindh
Published 04 Mar, 2013 12:00am
Mubarrak Village: abrupt stoppage of uplift work worries fishermen

Mubarrak Village: abrupt stoppage of uplift work worries fishermen

Fishermen community is concerned over the sudden stoppage of uplift work undertaken to develop the Mubarrak Village as modern village. Talking to Business Recorder, fishermen said that the government had aborted its development work at the village just be
Published 04 Mar, 2013 12:00am
Shaikh Ayaz's 90th birthday celebrated

Shaikh Ayaz's 90th birthday celebrated

The writers, intellectuals, poets of Sindh paid rich tribute to the legendary poet Shaikh Ayaz on his 90th birthday celebration arranged by Provincial Culture Department at Sindh Museum Hyderabad.
Published 04 Mar, 2013 12:00am
Dr Atta-ur-Rehman Institute to be opened in Malaysia today

Dr Atta-ur-Rehman Institute to be opened in Malaysia today

The "Atta-ur-Rahman Institute of Natural Product Discovery (RiND)" will be inaugurated at the University of Teknologi Mara (UiTM), Malaysia on Monday during an International Conference on Natural Products, where the great Pakistani scientists Prof. Atta-u
Published 04 Mar, 2013 12:00am
Prime Minister gives cheque of Rs 1 million to founder of PAPJ

Prime Minister gives cheque of Rs 1 million to founder of PAPJ

Founder of Pakistan Association of Photojournalists (PAPJ), Zahid Hussein, called on Prime Minister Raja Pervez Ashraf at the Governor House on Sunday. The Prime Minister gave a cheque of Rs one million in recognition of his services in the realms of phot
Published 04 Mar, 2013 12:00am
Prime Minister visits Lal Shahbaz's Mazar

Prime Minister visits Lal Shahbaz's Mazar

Prime Minister Raja Pervez Ashraf visited the Mazar of Hazrat Usman Marvendi Lal Shahbaz Qalandar here on Sunday afternoon. The Prime Minister accompanied by his family members laid floral wreath at the Mazar and offered Fateha. The Prime Minister also in
Published 04 Mar, 2013 12:00am
Parliament's oversight of ECP: DRI report underlines written rules

Parliament's oversight of ECP: DRI report underlines written rules

In order to regulate Parliament's oversight of the Election Commission of Pakistan (ECP), it needs clear written rules and procedures, besides ensuring proper scrutiny without undermining independence of the commission, said Democracy Reporting Internatio
Published 04 Mar, 2013 12:00am
KP governor pins hope on peace, stability in Fata

KP governor pins hope on peace, stability in Fata

Khyber-Pakhtunkhwa Governor, Engineer Shaukatullah, said that a good beginning has been made towards ensuring peace and stability; and creating an environment wherein people themselves can become partner in the ongoing efforts of the government for ensuri
Published 04 Mar, 2013 12:00am
Man shot dead in Sibi

Man shot dead in Sibi

Unidentified armed men gunned down a man on allegation of Karo-kari in Tehsil Lehri area of Sibi district on Sunday. According to police, the victim namely Allah Ditta was on the way to City when gunmen opened fire at him on suspicion of Siakari, killing
Published 04 Mar, 2013 12:00am
Setting up of SAFE, SEF HEC, 22 varsities to sign MoU with PEP

Setting up of SAFE, SEF HEC, 22 varsities to sign MoU with PEP

The Higher Education Commission HEC, the Vice Chancellors from 22 public sector Universities across Pakistan would sign a MoU with Promotion of Education in Pakistan (PEP) a US based, non-profit organisation for the establishment of Student Advancement En
Published 04 Mar, 2013 12:00am
ZRG presents emerging concepts in customer relationship management

ZRG presents emerging concepts in customer relationship management

ZRG International, the market leader in unified customer contact center and CTI solutions, presented innovative ideas and best practices in customer relationship management during a financial industry conference on Branchless Banking.
Published 04 Mar, 2013 12:00am
Delimitation impossible before election: Memon

Delimitation impossible before election: Memon

Sindh Information Minister Sharjeel Memon said that delimitation in Karachi could not be held before the elections. He said that new delimitation would be held across the country after the elections.
Published 04 Mar, 2013 12:00am
Qaim briefed about uplift projects in Tharparkar

Qaim briefed about uplift projects in Tharparkar

A delegation of PPP Tharparkar district, led by MNA Mukesh Kumar Malani and former MPA Makhdoom Saeed-uz-Zaman called on Sindh Chief Minister Syed Qaim Ali Shah at the CM House here. They discussed progress ongoing development projects in Tharparkar distr
Published 04 Mar, 2013 12:00am
Pakistan to apply for EU's GSP-plus scheme this week

Pakistan to apply for EU's GSP-plus scheme this week

Pakistan will apply to the European Union some time early next week seeking to qualify for GSP+. According to informed sources, based on a brief prepared by Geneva-based International Trade Centre (ITC), the Ministry of Commerce has prepared a strong case
Published 04 Mar, 2013 12:00am
Fukushima raised cancer risk near plant: WHO

Fukushima raised cancer risk near plant: WHO

Japan's 2011 Fukushima disaster raised the cancer risk for people living near the atomic plant, but no jump in cases is expected elsewhere, the UN's health agency said on February 28, sparking an angry reaction from anti-nuclear campaigners.
Published 04 Mar, 2013 12:00am
Study boosts link between flu vaccine, sleep disorder

Study boosts link between flu vaccine, sleep disorder

A study in England has strengthened evidence from Scandinavia that a vaccine used to prevent pandemic flu boosted the risk of sleep disorder among teens and children, doctors said on February 26. Using the Pandemrix vaccine increased the risk of narcoleps
Published 04 Mar, 2013 12:00am
Advanced breast cancer cases increasing in young women

Advanced breast cancer cases increasing in young women

More young women are being diagnosed with advanced, metastatic breast cancer than were three decades ago, according to a US study, with the metastatic breast cancer rate in particular rising about two percent each year.
Published 04 Mar, 2013 12:00am
Newborns of obese mums set for heart problems

Newborns of obese mums set for heart problems

New-born babies of overweight or obese mothers have a thickening of the aorta, something that in later life is linked to heart disease, a small Australian study said on February 27. The arterial thickening occurred regardless of the child's weight at birt
Published 04 Mar, 2013 12:00am
Olive oil, nuts dietary keys to cut heart risks: study

Olive oil, nuts dietary keys to cut heart risks: study

A Mediterranean diet rich in olive oil, nuts, fish, fruit, legumes and wine reduced the risk of heart attacks, strokes and deaths from heart disease by 30 percent, a major new study has found.
Published 04 Mar, 2013 12:00am
Study links extreme weather to climate change

Study links extreme weather to climate change

Scientists said on February 25 they have identified a physical mechanism behind the extreme weather that has plagued many parts of the world in recent years-and that it is tied to climate change. Since 2010, for example, the United States and Russia have
Published 04 Mar, 2013 12:00am
Prehistoric Indian Ocean mini-continent discovered

Prehistoric Indian Ocean mini-continent discovered

Scientists said on February 24 they had found traces of a micro-continent hidden underneath the Indian Ocean island of Mauritius. The slab, dubbed Mauritia, was probably formed around 61-83 million years ago after Madagascar split from India, but eventual
Published 04 Mar, 2013 12:00am
'Most Earth species still unknown'

'Most Earth species still unknown'

The vast majority of the Earth's estimated 13 million species are still unknown and to describe them all would take up to 2,000 years, according to a leading Brazilian scientist. "We estimate that there are a total of around 13 million species (known and
Published 04 Mar, 2013 12:00am
Smartphones to rescue for lost cats, grandmas

Smartphones to rescue for lost cats, grandmas

Lost your cat? Your grandmother? Or are you injured in a car crash, unable to call for help because your phone battery is dead? Never fear, a mobile solution is near. Inventors and manufacturers at the world's biggest mobile fair in Barcelona showed off n
Published 04 Mar, 2013 12:00am
Smartphone apps viable, cheap alternative to navigation systems

Smartphone apps viable, cheap alternative to navigation systems

Car navigation systems are getting competition. More and more drivers are using smartphones apps to find out where they are. And the apps often don't cost a dime. Is it worth paying 100 to 200 euros (133 to 266 dollars) for a navigation device? Perhaps fo
Published 04 Mar, 2013 12:00am
Intel launches latest platform for crunching big data

Intel launches latest platform for crunching big data

Intel launched a new software platform for number-crunching on a massive scale, its latest offering in a growing field that it hopes will boost sales of its powerful server chips.
Published 04 Mar, 2013 12:00am
Mobile phones to match globe's population in 2014: UN

Mobile phones to match globe's population in 2014: UN

The number of mobile telephones world-wide is set to catch up to the globe's population next year, the United Nations' telecommunications agency said on February 28. The International Telecommunication Union (ITU) said mobile subscriber numbers looked set
Published 04 Mar, 2013 12:00am
UK kids turn to Google instead of grandparents for advice

UK kids turn to Google instead of grandparents for advice

British grandparents are in danger of being overlooked for advice by their grandchildren, who are more accustomed to searching for answers on the internet, a survey showed on February 28. Almost nine out of every 10 UK grandparents claimed their grandchil
Published 04 Mar, 2013 12:00am
Nokia launches cheaper Windows-based phones

Nokia launches cheaper Windows-based phones

Nokia, once the leader of the mobile phone world, unveiled on February 25 two new Windows Phone-based Lumia smartphones aimed at the cheaper end of the market. The Finnish group revealed the Nokia Lumia 720 and Nokia Lumia 520 on the opening day of the wo
Published 04 Mar, 2013 12:00am
Firefox smartphone system challenges Android, iOS

Firefox smartphone system challenges Android, iOS

Mozilla Foundation announced on February 25 it will launch in mid 2013 its widely anticipated Firefox operating system for smartphones in a direct challenge to the duopoly of Apple's iOS and Google's Android.
Published 04 Mar, 2013 12:00am
Microsoft releases Internet Explorer 10 browser for more users

Microsoft releases Internet Explorer 10 browser for more users

Microsoft Corp released Internet Explorer 10 to millions of new users on February 26, hoping the latest version of its market-leading browser will win back customers who have migrated to Google Inc's Chrome and help it establish a toe-hold in the fast-gro
Published 04 Mar, 2013 12:00am
Social traffic app for smartphones

Social traffic app for smartphones

Community is the watchword of the "social" traffic and navigation app Waze. Navigation is a secondary concern for the app, its main focus is on users telling other users where they are, what road conditions they're encountering and when they expect to arr
Published 04 Mar, 2013 12:00am
Wireless hi-fi soundbar from Sonos

Wireless hi-fi soundbar from Sonos

The new Playbar from Sonos can not only improve the sound of a television, it can also play music from the home network or the internet. The fabric and aluminium covered device holds nine speakers (six mid-range and three tweeters), is 90 centimetres wide
Published 04 Mar, 2013 12:00am
New Archos tablets have HD, Jelly Bean

New Archos tablets have HD, Jelly Bean

Archos has announced a series of new tablet computers. The Archos 80 Platinum has an 8-inch display with a resolution of 1024 x 768 pixels while the 97 Platinum HD has a 9.7-inch screen displaying 2048 x 1536 pixels. Both tablets are available now with th
Published 04 Mar, 2013 12:00am
Windows Live Messenger becomes Skype in April

Windows Live Messenger becomes Skype in April

From April 8 to 30, Windows Live Messenger will be gradually disabled and its users moved over to Skype, Skype has announced. Messenger users will receive an update that transforms their chat programme into the latest version of Skype.
Published 04 Mar, 2013 12:00am
Microsoft's Yammer adds translation functions

Microsoft's Yammer adds translation functions

Microsoft said on February 28 its Yammer social network for internal corporate communications would add message translation capabilities to help firms with multilingual operations.
Published 04 Mar, 2013 12:00am
Vivendi says no pressure to sell as profit beats target

Vivendi says no pressure to sell as profit beats target

Entertainment-to-telecoms conglomerate Vivendi beat its full-year earnings target, helped by video game sales and a smaller-than-expected profit drop at its French mobile unit. The company, which is in the midst of a strategic review, said it would not gi
Published 04 Mar, 2013 12:00am
Telekom Austria back in profit

Telekom Austria back in profit

Telekom Austria, the former monopoly part-owned by Mexican billionaire Carlos Slim, said on February 28 that it returned to profit in 2012 despite a "highly competitive" market and weak economic conditions. Net income improved to a profit of 103.8 million
Published 04 Mar, 2013 12:00am
Telekom Austria back in profit

Telekom Austria back in profit

Telekom Austria, the former monopoly part-owned by Mexican billionaire Carlos Slim, said on February 28 that it returned to profit in 2012 despite a "highly competitive" market and weak economic conditions. Net income improved to a profit of 103.8 million
Published 04 Mar, 2013 12:00am
DreamWorks slips to loss as 'Guardians' movie disappoints

DreamWorks slips to loss as 'Guardians' movie disappoints

Movie studio DreamWorks Animation SKG Inc reported a quarterly loss, hurt by a weak box office performance for "Rise of the Guardians", an animated adventure fantasy featuring the voices of Alec Baldwin, Hugh Jackman and Jude Law.
Published 04 Mar, 2013 12:00am
DreamWorks slips to loss as 'Guardians' movie disappoints

DreamWorks slips to loss as 'Guardians' movie disappoints

Movie studio DreamWorks Animation SKG Inc reported a quarterly loss, hurt by a weak box office performance for "Rise of the Guardians", an animated adventure fantasy featuring the voices of Alec Baldwin, Hugh Jackman and Jude Law.
Published 04 Mar, 2013 12:00am
Nomura to hire in Dubai to revamp Middle Eastern operations

Nomura to hire in Dubai to revamp Middle Eastern operations

Nomura Holdings, Japan's largest investment bank, plans to revamp its Middle Eastern operations after losing several top executives in the past year, its regional head said. Nomura has been cutting costs under Chief Executive Koji Nagai, who took the helm
Published 04 Mar, 2013 12:00am
Nomura to hire in Dubai to revamp Middle Eastern operations

Nomura to hire in Dubai to revamp Middle Eastern operations

Nomura Holdings, Japan's largest investment bank, plans to revamp its Middle Eastern operations after losing several top executives in the past year, its regional head said. Nomura has been cutting costs under Chief Executive Koji Nagai, who took the helm
Published 04 Mar, 2013 12:00am