News Archives for Print - 2013-03-26

Print - 2013-03-26

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 25, 2013).

Published 26 Mar, 2013 12:00am

Sohail Wajahat may be caretaker Petroleum Minister

The caretaker government may consider appointing Sohail Wajahat Siddiqui, Chair-man Board of Management (CBM) of Pakistan State Oil (PSO) as the caretaker Minister for Petroleum and Natural Resources. Siddiqui, a prominent name in Pakistan's corporate sec

Published 26 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 Monday (March 25, 2013).

Published 26 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 Monday (March 25, 2013).

Published 26 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 Monday (March 25, 2013).

Published 26 Mar, 2013 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (March 25, 2013).

Published 26 Mar, 2013 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (March 25, 2013).

Published 26 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 Monday (March 25, 2013).

Published 26 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 Monday (March 25, 2013).

Published 26 Mar, 2013 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (March 25, 2013).

Published 26 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 26 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 26 Mar, 2013 12:00am

Karachi interbank rates

Karachi interbank rates on Monday (March 25, 2013).

Published 26 Mar, 2013 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 26 Mar, 2013 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 26 Mar, 2013 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Mar, 2013 12:00am

APNS congratulates Sarmad, others

Masood Hamid, Secretary General, All Pakistan Newspapers Society congratulates President, APNS, Sarmad Ali for the Sitara-e-Imtiaz awarded by the President of Pakistan on March 23, 2013. Masood Hamid, Secretary General, APNS has felicitated Sarmad Ali, th

Published 26 Mar, 2013 12:00am

HRC production at PSM comes to a halt: Hot Strip Mill stops working

Production of Hot Rolled Coils (HRC) has come to halt at Pakistan Steel Mills (PSM) as its Hot Strip Mill stopped working due to some technical problems. Sources said that Hot Strip Mill of PSM suddenly went out of operation on Monday at about 2 pm, when

Published 26 Mar, 2013 12:00am

NAB Sindh arrest customs clearing agent

National Accountability Bureau (NAB) Sindh Monday arrested a customs clearing agent wanted in the Nato/Isaf containers scams after a raid in Garden area. Sources said that the Bureau's intelligence cell conducted the raid in Garden area and arrested the c

Published 26 Mar, 2013 12:00am

SAI chief condemns industrialist's killing

Chairman SITE Association of Industry (SAI), Dr Arshad A Vohra has strongly condemned the brutal killing of renowned industrialist, Ali Asghar Rajani in SITE Area. He said that due to worst law and order situation in the city many businessmen had already

Published 26 Mar, 2013 12:00am

UN Under Secretary General calls on President

President Asif Ali Zardari has said that the United Nations has a critical role in not only promoting sustainable peace and equitable socio-economic development across the world, but also to safeguard those pristine values of tolerance and interfaith harm

Published 26 Mar, 2013 12:00am

Second Saudi-Pak Accountancy Seminar organised in Riyadh

The Second Saudi-Pak Accountancy Seminar was recently organised in Riyadh by the Institute of Chartered Accountants of Pakistan (ICAP) KSA chapter, operating under the patronage of the Embassy of Pakistan, KSA and with the support from Saudi Organisation

Published 26 Mar, 2013 12:00am

Three controversial hydropower projects: Pakistan raises objections to Indian plan

The Pak-India Indus Water Commissioners dialogues ended without any conclusion, as Pakistan raised solid and strong objections over three highly controversial hydropower projects planned to construct by Indian authorities on western rivers in violation of

Published 26 Mar, 2013 12:00am

Lal Masjid: Supreme Court moved to put Musharraf on ECL

The Supreme Court on Monday was urged to place former president and army chief Pervez Musharraf's name on Exit Control List (ECL). Khateeb Lal Masjid, Maulana Abdul Aziz filed a petition through Advocate Tariq Asad under order XXXIII Rule 6 of the Supreme

Published 26 Mar, 2013 12:00am

Pakistan Petroleum Limited

Pakistan Petroleum Limited has been in the business for more than seven decades, contributing about one fourth of total gas supplies, besides producing crude oil, condensate and LPG. The company is a frontline player in the energy sector since 1950s.

Published 26 Mar, 2013 12:00am

Pakistan Petroleum Limited

Published 26 Mar, 2013 12:00am

Bangladesh: The journey towards a middle income country

The Backdrop: Aspiration of a Nation: Bangladesh has set her ambition to be a middle income country by 2021 when our nation and our people will be celebrating fifty years of our glorious independence. This ambition has now got reflected in the ten

Published 26 Mar, 2013 12:00am

Impressive Bangladesh

The incredible development of Bangladesh's readymade garment (RMG) industry over the last three decades has outshined the most optimistic expectations. After the war of liberation in 1971 Bangladesh inherited a shattered economy with industrial production

Published 26 Mar, 2013 12:00am

Bangladesh - a fascinating tourism destination

With impeccable natural beauty, thought provoking ancient relics and indomitable hospitality of the people, Bangladesh has blessed potentials to be an amazing tourist destination. Situated between India and Myanmar with the entire south edged by the Bay o

Published 26 Mar, 2013 12:00am

Four years of epoch-making successes of the present government at a glance

Completion of the trial of the brutal killing of Father of the Nation Bangabandhu Sheikh Mujibur Rahman along with his family members and execution of the death sentences as well as progress in 9 cases at two tribunals in the trials of crimes against huma

Published 26 Mar, 2013 12:00am

Trade and investment opportunities in Bangladesh

Since time immemorial, the spirit of free enterprise, competition and innovative entrepreneurship have been the dominant driving forces in the economic life of Bangladesh which has always encouraged external trade and investment. The British East India Co

Published 26 Mar, 2013 12:00am

ARTICLE: Bangladesh: Highlights of the 'Vision 2021'

100 percent net student enrolment at primary level.

Published 26 Mar, 2013 12:00am

Indian soya futures show mixed trend

Indian soya futures displayed a mixed trading pattern on Monday in the absence of any major trigger, while rapeseed futures reflected the weak sentiment of the spot market due to the harvest season. Soyabean futures opened lower, but recovered losses with

Published 26 Mar, 2013 12:00am

Oil cake market rates

March vaida maintained its upward march on the forward cotton seeds oilcake market on Monday in the process of trading, dealers said. The March vaida ended higher at Rs 908.7, it opened with sharp gain of Rs 2 at Rs 910.7 in the morning session, dealers s

Published 26 Mar, 2013 12:00am

Easier trend on cotton market in slow business

Local prices tracked the New York cotton futures trend, depicting downward on the cotton market on Monday in the process sluggish trading, dealers said. The official spot rate was unchanged at Rs 6,900, they said. Rates of seed cotton in Sindh were inert

Published 26 Mar, 2013 12:00am

Prices move both ways on grain market

Prices moved both ways on the wholesale grain market on Monday in the process of moderate trading, dealers said. On the grams side, grams 50x50 gained Rs 200 to Rs 5500-5900, yellow peas Russia shed Rs 50 to Rs 4900 and 5100 due to tight easy supply, the

Published 26 Mar, 2013 12:00am

Indian sugar futures rise

Indian sugar futures rose on Monday after hitting their lowest level in 8-1/2 months on bargain buying, driven by expectations of an improvement in demand due to the summer. The key May sugar contract on India's National Commodity and Derivatives Exchange

Published 26 Mar, 2013 12:00am

HRW wheat bids steady

Spot basis bids for hard red winter wheat held steady in the US Plains and Gulf export market on Monday as farmer selling stayed light, dealers said. Snow over the weekend in top producer Kansas added needed moisture to drought-hit soils. Kansas City Boar

Published 26 Mar, 2013 12:00am

Bangladesh gets lowest bid for 50,000 tonnes of wheat

An Indian firm made the lowest offer of $313.65 a tonne in an international tender for 50,000 tonnes of wheat by Bangladesh's state grains buyer, an agency official said on Monday. Amira Pure Foods made the lowest offer among three bidders participating i

Published 26 Mar, 2013 12:00am

EU sees main cereal crops to rise

The European Union should see a rise in yields for its main cereal crops this year after plants came through winter without frost damage and with regular rain boosting soil moisture, the EU crop monitoring unit MARS said on Monday. For soft wheat, the EU'

Published 26 Mar, 2013 12:00am

Vietnam's rice prices to fall

Rice prices in Vietnam will persist on a downward trend in the next few weeks in the absence of demand even after a rice industry body stopped setting a floor price for high-quality 5 percent broken grain, traders said on Monday. A lower price in the worl

Published 26 Mar, 2013 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 120,987 tonnes of cargo comprising 84,792 tonnes of import cargo and 36,195 tonnes of export cargo including 3,603 loaded and empty containers during the last 24 hours ended at 0700 hours on Monday. The total import cargo of 84,79

Published 26 Mar, 2013 12:00am

Seoul shares soar

South Korean shares rose on Monday after Cyprus and the European Union agreed on a deal to finance a bailout for the country, with local institutions snapping up shares on improved risk appetite. The benchmark Korea Composite Stock Price Index (KOSPI) clo

Published 26 Mar, 2013 12:00am

Nikkei rises 1.7 percent

Japan's Nikkei share average rose 1.7 percent on Monday, recovering most of its decline late last week, as Cyprus and the European Union agreed to a plan to deal with the island's financial crisis. The Nikkei rose 207.93 points to 12,546.46. Last Thursday

Published 26 Mar, 2013 12:00am

Monday's afternoon trade: Wall Street falls on renewed European debt worries

After gaining early on Cyprus's bailout, US stocks fell on Monday on a top euro zone official's comments that Cyprus was a template for handling the region's other debt-strapped countries. Investors grew cautious after Jeroen Dijsselbloem, who heads the E

Published 26 Mar, 2013 12:00am

Southeast Asian stocks spring back

Thai stocks rose 3 percent on Monday as Southeast Asia stock markets followed gains in larger regional markets after Cyprus and the European Union agreed on a plan to tackle the island's financial crisis. Most markets in the region had slipped into negati

Published 26 Mar, 2013 12:00am

Indian shares fall for seventh session

Indian shares fell for a seventh consecutive session on Monday to their lowest close in four months as bluechips such as ICICI Bank were hit by worries other allies would remove support from the ruling coalition after the DMK party's withdrawal last week.

Published 26 Mar, 2013 12:00am

Hong Kong shares rise as CNOOC soars, China in first loss in five days

Hong Kong shares recovered some of last week's losses in thin Monday trade, as investors welcomed a Cyprus bailout deal Chinese oil majors posted relatively positive 2012 results. Mainland Chinese markets made a subdued start to the week, slipping for the

Published 26 Mar, 2013 12:00am

European shares fall as Cyprus bailout relief fades

European shares fell on Monday, led lower by financial stocks, as relief over a Cyprus bailout faded after the Dutch Finance Minister said the stern deal could set a new template for the region. Speculation of a credit rating downgrade for Italy, which is

Published 26 Mar, 2013 12:00am

Taiwan stocks up

Taiwan stocks finished 0.85 percent higher on Monday, in line with gains in other regional bourses, with HTC ending up 1.5 percent after the smartphone maker said it would launch HTC One globally by end of April. Banks also advanced 1.35 percent on local

Published 26 Mar, 2013 12:00am

Kuwait's bourse drops to two-week low; Gulf markets mixed in thin trade

Kuwait's bourse tumbled to a two-week low on Monday as investors sold shares in small-cap companies ahead of a deadline to report corporate earnings, while other regional markets were mixed in thin trade as investors await first-quarter earnings.

Published 26 Mar, 2013 12:00am

Britain's FTSE retreats as Cyprus optimism fades

Britain's FTSE 100 finished lower on Monday, giving up initial sharp gains on news of a last-minute Cyprus bailout as investors fretted about the deal's implications for the rest of Europe and for its banking sector. Cyprus secured the 10 billion euro ($1

Published 26 Mar, 2013 12:00am

Swiss franc steadies

The Swiss franc was steady against the dollar on Monday and was little changed against the euro as relieved markets digested news of Cyprus' last-minute deal with international lenders to secure its bailout. The franc was unchanged against the dollar comp

Published 26 Mar, 2013 12:00am

Indian rupee strengthens

The Indian rupee strengthened on Monday, encouraged by the government's move to ease restrictions on foreign investments in debt markets and the global risk-on sentiment, but gains were pared on worries over political uncertainty. The currency benefited f

Published 26 Mar, 2013 12:00am

Euro rises in Asia

The euro rose on Monday after Cyprus clinched a deal with international lenders for a 10 billion euro bailout aimed at saving the country from financial meltdown. The single currency rose 0.4 percent to $1.3040, pulling away from a four-month low of $1.28

Published 26 Mar, 2013 12:00am

Early trade in New York: euro drops versus dollar, yen

The euro fell against US dollar and Japanese yen on Monday as brief enthusiasm brought on by Cyprus' last-ditch deal with its international lenders swiftly segued into broader fears about the region's banking sector. Euro losses sharply accelerated after

Published 26 Mar, 2013 12:00am

Euro's rise on Cyprus deals proves short-lived

The euro erased gains made earlier on Monday against the dollar after a deal between Cyprus and its lenders removed the immediate threat of financial meltdown but markets still fretted about the future implications of the bailout. Worries about an economi

Published 26 Mar, 2013 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 78.25-78.26 (78.30-78.30). Call Money Rates: 07.00-07.25 percent (previous 06.00-07.50 percent.

Published 26 Mar, 2013 12:00am

Asia forex: Won, ringgit lead gains

The South Korean won and the Malaysian ringgit led solid gains among emerging Asian currencies on Monday as a Cyprus deal with international lenders for a bailout boosted appetites for risky assets. The won saw its best daily gain in nearly two months on

Published 26 Mar, 2013 12:00am

Australian and New Zealand dollars underperform euro

The Australian and New Zealand dollars lost ground against a broadly firmer euro on Monday after Cyprus secured a financial bailout that will help prevent a collapse of its banking system. The news was positive for risk assets and saw the Australasian cur

Published 26 Mar, 2013 12:00am

Yuan at record high

China's yuan closed at its highest level ever on Monday after the central bank set a firmer midpoint in response to hopes that Cyprus will avoid a banking crisis, but traders remained cautious about betting on further appreciation. Spot yuan closed at 6.2

Published 26 Mar, 2013 12:00am

Sterling rises versus euro

Sterling turned higher against the euro on Monday, edging close to a six-week high as investors turned sceptical about a last-minute bailout deal for Cyprus. The deal removed the immediate threat of financial meltdown, initially boosting the euro, but the

Published 26 Mar, 2013 12:00am

Sri Lanka-Bangladesh ODI abandoned due to rain

The second one-day international between Sri Lanka and Bangladesh at Hambantota was abandoned due to rain on Monday. Sri Lanka, leading 1-0 in the three-match series, were 33 for no wicket off five overs when play was called off. The final one-dayer will

Published 26 Mar, 2013 12:00am

Pakistan Champions Cricket League in June

Third edition of Pakistan Champions League Cricket Tournament will be held here from June 12, organisers announced here on Monday. A meeting of the organising committee was held here under the Chairmanship of Ex-MNA Asif Hasnain the other day to chalk pro

Published 26 Mar, 2013 12:00am

Afridi, Younis and Asad back from South Africa

Three Karachi cricketers including two former Pakistan captains Younis Khan and Shahid Afridi with Asad Shafiq returned here on Monday after disappointing tour of South Africa. Pakistan lost the three match Test series 3-0 and 5-match One-day Internationa

Published 26 Mar, 2013 12:00am

Sharapova advances

Third-seeded Maria Sharapova battled to a 6-4, 6-2 victory over fellow Russian Elena Vesnina on Sunday to book her fourth-round berth at the Miami ATP Masters and WTA hardcourt tournament. Sharapova, who won the title last week at Indian Wells, will take

Published 26 Mar, 2013 12:00am

Djokovic cruises into fourth round

World No 1 Novak Djokovic cruised into the fourth round of the Miami ATP Masters and WTA tournament on Sunday with a 6-2, 6-4 victory over India's Somdev Devvarman. Djokovic remained on course for a third straight title on the hard courts of Key Biscayne

Published 26 Mar, 2013 12:00am

Zaheer, Rashid express disappointment over tour

Former cricket greats reacted with disappointment Monday to Pakistan's tour losses in South Africa, urging the game's authorities to tackle underlying problems by setting higher standards. Pakistan lost the five-match, one-day series 3-2 in Benoni on Sund

Published 26 Mar, 2013 12:00am

New Zealand firmly in charge of final Test

Two crucial wickets to part-time spinner Kane Williamson put New Zealand firmly in charge of the final Test on Monday as England, facing a world record target of 481, slumped to 90 for four at stumps. On a day that belonged to the Black Caps, with recalle

Published 26 Mar, 2013 12:00am

Dell gets rival take-over bids from Blackstone, Icahn

Dell Inc has received two rival take-over bids to the original buyout offer from company founder Michael Dell, the world's third-largest PC maker said Monday. The Round Robin, Texas-based company said it would enter into negotiations with the new investor

Published 26 Mar, 2013 12:00am

China authorities 'got $5 trillion' from land: economist

Chinese authorities have earned almost $5 trillion in profit by selling land obtained from farmers to developers over the years, a top economist said according to state media. As the country undergoes a huge urbanisation process rural land confiscations h

Published 26 Mar, 2013 12:00am

China to buy Russian fighters, subs

China has agreed to buy two dozen fighter jets and four submarines from Russia, state media reported Monday, the country's first large-scale weapons technology purchases from Moscow in a decade. The agreement to buy the 24 Su-35 fighters and four Lada-cla

Published 26 Mar, 2013 12:00am

Venezuela launches first auction of new forex system

Venezuela offered $200 million to local businesses on Monday in the first auction of a new foreign currency system that will bring another partial devaluation of the bolivar. The South American Opec member's socialist government devalued the fixed rate of

Published 26 Mar, 2013 12:00am

Banks beef up FX options teams as big moves boost risk, rewards

Banks are strengthening their foreign exchange options desks, investing in people and technology, as companies and hedge funds seek protection or profit from big moves in major currencies. Options volumes surged in early 2013, mirroring a pick-up in the s

Published 26 Mar, 2013 12:00am

Banks beef up FX options teams as big moves boost risk, rewards

Published 26 Mar, 2013 12:00am

Japan Times to come with International New York Times

The International New York Times and Japan Times will be packaged in a single newspaper for readers in Japan starting in October under a joint venture, the two publishers said Monday. The agreement will create a jointly published six-day newspaper

Published 26 Mar, 2013 12:00am

Bernanke says Fed's easy policy benefits world economy

Federal Reserve Chairman Ben Bernanke on Monday defended the central bank's aggressive easing of monetary policy, saying while it was aimed at bolstering the US economic recovery, it was helping other countries as well. The Fed's asset-purchase programs,

Published 26 Mar, 2013 12:00am

Bernanke says Fed's easy policy benefits world economy

Published 26 Mar, 2013 12:00am

TNT Express to shed 4,000 jobs

Dutch post and courier company TNT Express said Monday it would shed around 4,000 jobs over the next three years as it restructures after the failure of a take-over bid by US rival UPS. The company will also introduce a new management structure, sell its

Published 26 Mar, 2013 12:00am

US okays Nasdaq payback plan for Facebook IPO, UBS unhappy

US regulators approved Nasdaq OMX Group's $62 million compensation plan for firms that lost money in Facebook Inc's glitch-ridden market debut, a victory for the exchange operator that also set the stage for potential lawsuits from firms seeking more.

Published 26 Mar, 2013 12:00am

Brazil consumer confidence hits lowest in three years

Consumer confidence in Brazil fell in March for the sixth month in a row to the lowest in three years, a private survey showed on Monday, raising doubts about the current economic recovery in Latin America's largest country. Brazilian think tank Fundação

Published 26 Mar, 2013 12:00am

$100 a barrel 'reasonable' price for oil: Saudi Arabia

Opec's largest oil producing member Saudi Arabia said on Monday that $100 a barrel is a "reasonable" price for oil while its Gulf neighbour Kuwait said the price is "fair" and the market was stable. "In 1997, I thought 20 dollars was reasonable. In 2006,

Published 26 Mar, 2013 12:00am

Japan, EU agree to free trade talks; autos a flashpoint

Japan and the European Union agreed on Monday to launch talks on one of the world's most ambitious trade deals despite opposition from European carmakers, a test of how far both sides are willing to go in their hunt for economic growth. Japanese Prime Min

Published 26 Mar, 2013 12:00am

Kenya's court orders poll recount for 22 centres

Kenya's Supreme Court on Monday ordered a recount of votes cast at 22 polling centres, after presidential elections in which a second-round run-off was only avoided by the narrowest of margins. "Retallying is to be done in 22 polling stations," said Supre

Published 26 Mar, 2013 12:00am

Hong Kong court rejects landmark maid residency bid

Hong Kong's top court Monday rejected a bid to give hundreds of thousands of foreign maids the right to live in the city permanently, angering activists who said the ruling amounted to discrimination. In turning down the attempt to give maids the same res

Published 26 Mar, 2013 12:00am

Somali female journalist shot dead

Somali gunmen killed a female radio journalist in Mogadishu, the latest in a string of reporters murdered in the war-ravaged capital, colleagues and witnesses said Monday. Two men shot dead Rahmo Abdukadir, who worked for the private Radio Abduwaq station

Published 26 Mar, 2013 12:00am

Ford apologises over offensive Berlusconi ads

Ford apologised Monday for an Indian ad showing Silvio Berlusconi driving off in a car with bound and gagged women in the boot. A spokeswoman for the Indian subsidiary of Ford Motor Company said the ads were drawn up by an agency working for them and neve

Published 26 Mar, 2013 12:00am

Rebel mortar fire hits Damascus; army gunners retaliate

Syrian rebels lobbed mortar rounds into central Damascus on Monday, killing at least two people and drawing a fierce army response as bombardments shook the heart of the capital. The state news agency said mortar bombs fired by "terrorists" had killed two

Published 26 Mar, 2013 12:00am

Israel restores tax transfers to Palestinian Authority

Israel said on Monday it would restart regular monthly tax transfers to the Palestinian Authority, restoring vital funding days after US President Barack Obama called for confidence-building steps towards peace. The decision followed the announcement by t

Published 26 Mar, 2013 12:00am

British Prime Minister restricts welfare rights for migrants

Prime Minister David Cameron announced a fresh clampdown on immigration to Britain on Monday with plans to restrict migrants' rights to unemployment, health and housing benefits. Cameron acknowledged the contribution made by generations of hard-working im

Published 26 Mar, 2013 12:00am

Six killed, 11 missing in Indonesian landslide

Six people were killed and 11 were missing on Monday after they were buried in a landslide caused by heavy rain on Indonesia's Java island, a disaster official said. Eighteen people had initially been buried beneath the landslide but six have since been r

Published 26 Mar, 2013 12:00am

CIA helping boost arms shipments to Syria rebels

Arab nations and Turkey, helped by the CIA, have dramatically increased military aid to Syrian rebels in recent months, The New York Times reported Monday. The US Central Intelligence Agency was helping their efforts, the newspaper added, citing air traff

Published 26 Mar, 2013 12:00am

Indian city uses cardboard cops to enforce road rules

Police in India's high-tech hub Bangalore are trying a new way to reduce traffic offences - using cardboard cops to scare drivers into believing the long arm of the law is watching them. Road deaths have surged in India despite a low rate of car ownership

Published 26 Mar, 2013 12:00am

Russian prosecutors search Amnesty office

Russian officials searched the offices of Amnesty International on Monday as prosecutors stepped up a controversial drive to catalogue hundreds of non-governmental organisations deemed to be "foreign agents" for receiving funding from abroad. The head of

Published 26 Mar, 2013 12:00am

EU suspends most Zimbabwe sanctions

The European Union suspended most sanctions on Zimbabwe on Monday after voters there approved a new constitution paving the way for an election to decide whether President Robert Mugabe extends his 33-year rule. The move is the most far-reaching step so f

Published 26 Mar, 2013 12:00am

Spring snowstorm grounds hundreds of US flights

A huge snow storm stretching from St. Louis to Washington Monday grounded hundreds of flights and left shivering residents wondering when winter would finally give way to spring. Nearly a week after the spring equinox, huge swaths of the United States rem

Published 26 Mar, 2013 12:00am

Afghan insurgency will outlast withdrawal: US general

The Taliban insurgency will continue after coalition combat forces withdraw from Afghanistan in late 2014 but the Afghan government will survive, the ex-chief of the Nato-led force said Monday. "Sometimes this comes as a surprise when I say this, that on

Published 26 Mar, 2013 12:00am

Shanghai copper gains

The most-traded Shanghai copper contract on the Shanghai Futures Exchange gained 0.35 percent to close at 55,890 yuaan ($9,000) a tonne on Monday "The big issue is demand and how it will show up. We think it will be a slow recovery," said Hong Kong-based

Published 26 Mar, 2013 12:00am

Copper declines

Copper fell on Monday as investors lost enthusiasm for a last-ditch 10 billion euro ($13.00 billion) bailout deal reached by Cyprus and international lenders, and were disappointed with modest demand growth from top consumer China. Also weighing on the me

Published 26 Mar, 2013 12:00am

Crude oil rises in choppy trade

Crude oil futures rose on Monday in choppy trading after a bailout deal for Cyprus improved the outlook for fuel demand in the euro zone. Brent price gains were curbed by caution about the Cyprus bailout and Europe's economy, while US crude prices rose mo

Published 26 Mar, 2013 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 14	277.83
USD PKR Interbank Buying / Nov 14	277.63
USD to Japanese Yen / Nov 14	155.86
USD to Swiss Franc / Nov 14	0.89
Pound Sterling to USD / Nov 14	1.27
Euro to USD / Nov 14	1.06

Stock	Volume
S&P 500 / Nov 13	5,985.38
Nasdaq / Nov 13	19,230.72
Dow Jones / Nov 13	43,958.19
India Sensex / Nov 14	77,517.41
Tokyo Nikkei / Nov 14	38,680.99
Hang Seng / Nov 14	19,503.42
FTSE 100 / Nov 14	8,042.72
Germany DAX 30 / Nov 14	19,122.26

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Crude Oil USD/Barrel / Nov 14	67.97
Gold Spot USD/Ounce / Nov 14	2,558.37
Cotton US¢/pound / Nov 14	71.10
Petrol/Litre / Nov 15	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	43,291,848 ▲ 0.00
Waves Home Appliances / Nov 15 Waves Home Appliances Limited(WAVESAPP)	33,201,636 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	31,524,926 ▲ 0.00
K-Electric Ltd. / Nov 15 K-Electric Limited(KEL)	27,455,465 ▲ 0.00
Pak Elektron / Nov 15 Pak Elektron Limited(PAEL)	26,996,630 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	26,013,918 ▲ 0.00
The Searle Co. / Nov 15 The Searle Company Limited(SEARL)	25,704,933 ▲ 0.00
Pak Int.Bulk / Nov 15 Pakistan International Bulk Terminal(PIBTL)	23,694,836 ▲ 0.00
Secure Logistics / Nov 15 Secure Logistics Group Limited(SLGL)	23,623,241 ▲ 0.00

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