News Archives for Print - 2013-05-27

Print - 2013-05-27

SUNDAY MAY 26: Punjab levies 16 percent PST on various services

Published 27 May, 2013 12:00am

Chinese premier arrives in Germany, meets Merkel

Chinese Premier Li Keqiang arrived in Germany Sunday ahead of a planned visit with Chancellor Angela Merkel and amid growing trade tensions with the European Union. He started his visit - which comes at the end of a tour that has already taken him to Indi

Published 27 May, 2013 12:00am

Hollande's popularity inches up: poll

French President Francois Hollande's popularity rating inched up in May from a record low the previous month, a poll showed on Sunday, a rare positive sign after a first year in office marked by rising unemployment. Hollande's approval rating rose by 4 pe

Published 27 May, 2013 12:00am

Security forces targeted as Iraq violence kills 12

Attacks mostly targeting members of Iraq's security forces killed 12 people on Sunday, the latest in an increase in violence in a country only a few years removed from a brutal sectarian war. The violence comes amid myriad political rows and fears that ci

Published 27 May, 2013 12:00am

Obama travels to tornado-ravaged Oklahoma

President Barack Obama travelled to Oklahoma Sunday to view devastation from last week's monster tornado that killed 24 people, as the governor sought federal aid for thousands left destitute by the disaster. Obama departed Washington a little before 10 a

Published 27 May, 2013 12:00am

Merkel not scaring off conservative voters, Schaeuble says

Chancellor Angela Merkel has not alienated conservative German voters by pushing her Christian Democrats into the centre but has instead put the party on course to win for a third straight term in September, Finance Minister Wolfgang Schaeuble said. In an

Published 27 May, 2013 12:00am

Afghan election commission begins voter registration for 2014 poll

Afghanistan started voter registration Sunday, in preparation for next year's presidential poll, an election commission official said. "We started voter registration this morning in 41 different registration centres across the country in all of 34 provinc

Published 27 May, 2013 12:00am

Bangladesh building disaster toll rises to 1,129

The death toll from the collapse of a Bangladesh garment factory complex has risen to 1,129 after two more injured workers died a month after the disaster, officials said on Sunday. Senior government official Zillur Rahman Chowdhury told AFP one male and

Published 27 May, 2013 12:00am

Suspected killer of British soldier was held in Kenya

One of two men arrested over the murder of a British soldier in a London street was detained in Kenya in 2010 on suspicion of seeking to train with an al Qaeda-linked group in Somalia, Kenyan police said on Sunday.

Published 27 May, 2013 12:00am

EU faces Syria sanctions crunch over push to arm rebels

The European Union may end this week either helping Syrian rebels or the Damascus government they detest, depending on how EU ministers resolve differences over a package of sanctions on Syria that is about to lapse.

Published 27 May, 2013 12:00am

11 dead, 16 hurt in Myanmar bus crash

Eleven people were killed and 16 injured after a bus rammed into a bridge after suffering a puncture in central Myanmar, state media reported Sunday. The Yangon to Mandalay bus, which was carrying 27 passengers, hit a traffic island after its tyre burst a

Published 27 May, 2013 12:00am

Thousands protest gay marriage in Paris under high security

Tens of thousands marched through Paris on Sunday to protest a new gay marriage law, with police on high alert amid warnings hard-liners could infiltrate the demonstration and cause trouble. One of President Francois Hollande's campaign pledges, the bill

Published 27 May, 2013 12:00am

Bahrain calls Hezbollah head a terrorist, says must be stopped

Bahrain's foreign minister has called the head of Lebanese guerrilla group Hezbollah a "terrorist" after Hassan Nasrallah said his fighters would help bring victory to its ally President Bashar al-Assad in Syria's civil war.

Published 27 May, 2013 12:00am

Middle East week ahead: slow progress on development projects puts Kuwait stock market boom at risk

Kuwait's stock market boom could run out of steam if the government doesn't push ahead soon with long-delayed infrastructure projects aimed at diversifying the oil-reliant economy. Turnover on the Kuwait Stock Exchange has tripled from six months ago as r

Published 27 May, 2013 12:00am

News Corp's publishing business to initiate stock buyback

News Corp set the distribution ratios for the spin-off of its publishing business and said the spin-off may start buying back stock right away. The board of the publishing business, which will retain the News Corp name, authorised a $500 million stock rep

Published 27 May, 2013 12:00am

China Galaxy soars 11 percent in debut after $1.1 billion Hong Kong IPO

China Galaxy Securities Co Ltd rose as much as 11.3 percent in its trading debut on Wednesday after raising $1.1 billion in a Hong Kong IPO, underscoring a surge in retail investors' demand for new listings in the city.

Published 27 May, 2013 12:00am

China Galaxy soars 11 percent in debut after $1.1 billion Hong Kong IPO

Published 27 May, 2013 12:00am

Swings in Japan government bonds could trigger sell-off

Extreme volatility in the Japanese government bond market could trigger a sell-off on a par with what happened throughout the third quarter of 2003, when local banks and foreign investors were forced to dump their JGB holdings after heightened volatility

Published 27 May, 2013 12:00am

Swings in Japan government bonds could trigger sell-off

Published 27 May, 2013 12:00am

Wall Street week ahead: investors look for signs in the rally's break

The US stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. Next week could make it harder to figure out, considering that the long Memorial Day weekend typically

Published 27 May, 2013 12:00am

Orascom Telecom closer to delisting

Egypt's Orascom Telecom (OTH) is closer to being delisted, sources said on Friday, after holders of around 10 percent of its stock agreed to be bought out. Russia's Altimo, the biggest owner of OTH's parent Vimpelcom, made a $1.8 billion offer in March to

Published 27 May, 2013 12:00am

WCI Communities files for IPO of up to $150 million

Luxury home builder WCI Communities Inc filed with US regulators on Friday to raise up to $150 million in an initial public offer of its common stock. The Florida-based company, which designs, sells and builds homes in coastal Florida, said it expects to

Published 27 May, 2013 12:00am

WCI Communities files for IPO of up to $150 million

Published 27 May, 2013 12:00am

Belgian postal group bpost to list on Brussels exchange

Belgian postal operator bpost will list a minority stake, currently held by private equity group CVC Funds, on the Brussels stock exchange, the group said on Thursday. The Belgian state will continue to hold a 50.01 percent stake in the former monopoly an

Published 27 May, 2013 12:00am

Belgian postal group bpost to list on Brussels exchange

Published 27 May, 2013 12:00am

Tokyo stocks likely to rise despite rollercoaster week

Tokyo shares are likely to trade higher next week on a weaker yen, despite a rocky week which saw the Nikkei plunge on fears over weak China data, dealers said. The Nikkei 225 index had been making steady gains until Thursday when the benchmark index plum

Published 27 May, 2013 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 77.78-77.785 (77.78-77.79).

Published 27 May, 2013 12:00am

Banks in the spotlight in debate over UK listing rules

As Britain's stock market watchdog pores over the implications of scandals at mining companies ENRC and Bumi, the role of sponsor banks who helped lead their listings is coming under scrutiny. Such banks act as liaison with regulators and vouch for the fi

Published 27 May, 2013 12:00am

Bulgaria's Prime Minister-designate pledges help for poor

The man most likely to form Bulgaria's next government pledged on Sunday to spend more to help society's most deprived, but said he would keep public debt low enough to maintain a currency peg to the euro. Plamen Oresharski, 53, offers the best chance for

Published 27 May, 2013 12:00am

French budget minister warns tax evaders to confess now

Budget Minister Bernard Cazeneuve said French taxpayers holding bank accounts abroad must make them known to authorities now or face much tougher penalties for tax evasion, as France seeks to end years of lax oversight. The Socialist government, in line w

Published 27 May, 2013 12:00am

Visa, Mastercard ask court to rule 'swipe' fees legal

US credit card giants Visa and Mastercard sued retailers that rejected a multibillion-dollar settlement over transaction fees and asked the court to rule the fee practices weren't illegal. The latest legal maneuver comes after years of legal battles over

Published 27 May, 2013 12:00am

Jordan's Arab Bank sees double digit profit in 2013: CEO

Jordan's Arab Bank, the country's largest lender, said it expects double digit profitability in 2013 as much lower provisions and steady growth in net operating income improves the bank's bottom line. Chief Operating Officer Nemeh al-Sabbagh cited a 7 per

Published 27 May, 2013 12:00am

1931 Leica camera sells for 528,000 euros

A 1931 Leica camera has sold for 528,000 euros ($683,000) at an auction that included rare photos and the camera that snapped an iconic shot of an American sailor kissing a nurse the day World War II ended. The rare Leica, which belonged to German winemak

Published 27 May, 2013 12:00am

Indian Prime Minister calls for nuclear deal, more Japan investment

Indian Prime Minister Manmohan Singh has called for an early accord on civil nuclear co-operation with Tokyo and more Japanese investment ahead of an official visit, reports said Sunday. Singh, who will travel to Japan in the coming week for talks with Pr

Published 27 May, 2013 12:00am

Swiss parliament won't vote on details of US tax deal

Switzerland's parliament may only get to vote on a general legal framework for a tax agreement with US authorities that would pave the way for individual solutions with banks, a Swiss newspaper reported on Sunday.

Published 27 May, 2013 12:00am

Single bank watchdog becomes mammoth project for ECB

The European Central Bank faces a race against time to set up a watchdog for the euro zone's 6,000 banks and risks having an under-equipped team in place when it begins the task in mid-2014. The Single Supervisory Mechanism (SSM) marks the first step towa

Published 27 May, 2013 12:00am

BoJ's Kuroda says pain from bond yield rise is manageable

Bank of Japan Governor Haruhiko Kuroda said the country's financial institutions have sufficient buffers against losses they may incur from rises in bond yields, as long as the market moves are driven by prospects of an economic recovery.

Published 27 May, 2013 12:00am

BoJ's Kuroda says pain from bond yield rise is manageable

Published 27 May, 2013 12:00am

Swiss-China trade deal a symbol amid spats with EU

Applauded by Switzerland's business sector, the country's free-trade deal with China is heavy with symbolism, coming as Beijing locks horns with the European Union in a raft of commercial disputes. The staunchly non-EU Swiss inked a preliminary accord Fri

Published 27 May, 2013 12:00am

Myanmar allows private insurers for first time since 1963

Myanmar has given permission to five private insurance companies to operate starting in June, ending a five-decade state monopoly, officials said Sunday. "We hope this will make market stronger," deputy finance minister Maung Maung Thein said. The five co

Published 27 May, 2013 12:00am

Hundreds rally against Taiwan nuclear referendum

Hundreds of Taiwanese protested in the capital Taipei on Sunday over government plans to hold what they call an unfair referendum on the fate of a nearly-completed nuclear power plant. Chanting slogans like "Stop dangerous nuclear power", the protestors s

Published 27 May, 2013 12:00am

Ribery, Robben combine to give Bayern victory

A brilliant Franco-Dutch move involving Franck Ribery and Arjen Robben in the final minutes settled a memorable all-German Champions League final as Bayern Munich beat Borussia Dortmund 2-1 at Wembley on Saturday. Frenchman Ribery's backheel allowed Dutch

Published 27 May, 2013 12:00am

Federer cruises past Spanish debutant in Paris

It was business as usual for grand slam veteran Roger Federer as he made light work of Spanish debutant Pablo Carreno-Busta in the first round of the French Open on Sunday, starting his bid for a second Roland Garros title with a 6-2 6-2 6-3 victory.

Published 27 May, 2013 12:00am

Son-in-law of India's cricket board chief suspended

The son-in-law of India's cricket board chief was on Sunday suspended from "any involvement" in the sport pending an inquiry into his role in a spot-fixing scandal, officials said. Gurunath Meiyappan, part of the management team of Indian Premier League t

Published 27 May, 2013 12:00am

China crush Korea to retain Sudirman Cup title

Badminton powerhouse China extended their Sudirman Cup hegemony on Sunday, crushing South Korea 3-0 to win their ninth title in 10 final appearances. The Chinese shuttlers did not drop a single set in the final of the world mixed team championship in Kual

Published 27 May, 2013 12:00am

Ajmal excited about India-Pak clash in Champions Trophy

Pakistan's magical spinner Saeed Ajmal is ready to take on the match against India in the upcoming Champions Trophy in England. Talking to private news channel, Ajmal said that Pak-India clash is as big as eagerly anticipated as the final, it always fanta

Published 27 May, 2013 12:00am

Impressive Asif, Sajjad in last-16 of 6-Red Asian Snooker

Pakistan's two ace cueists Muhammad Asif and Muhammad Sajjad stormed into the last 16 stage of in 6-Red Asian Snooker Championship in Doha (Qatar) after winning all three out of three on Sunday. Sajjad slight challenge from Bashar Hussain before chalking

Published 27 May, 2013 12:00am

Dortmund will bounce back, vows beaten Klopp

Borussia Dortmund coach Jurgen Klopp has said his team will bounce back from their Champions League final defeat to Bayern Munich - even with the Bavarian giants set to take his best two players. With Borussia bidding for their second Champions League tit

Published 27 May, 2013 12:00am

Pakistan beat Ireland by two wickets, clinch series 1-0

Pakistan beat Ireland by two wickets in second one day international in a dramatic fashion and clinch the two math series by 1-0, a private TV channel reported late Sunday. According to the channel, Kamran Akmal and Wahab Riaz match winning and face savin

Published 27 May, 2013 12:00am

SUNDAY MAY 26: GST could be raised to 17 percent by new government: Sartaj

Published 27 May, 2013 12:00am

Ethiopian winner of Boston marathon tells of his sorrow

The Ethiopian winner of the Boston marathon who crossed the finish line just hours before it was attacked pledged Sunday to return next year, saying "sport should never be a battleground". Lelisa Desisa, 23, also told staff from the US embassy at a ceremo

Published 27 May, 2013 12:00am

Google introduces cash by email function

Hundreds of millions of Google users already send photos, documents, videos and event invitations via the company's Gmail service. Now the web search giant is enabling to them to send cash as well. Google announced the new payment feature at its I/O confe

Published 27 May, 2013 12:00am

Land dispute claims four lives in Shikarpur

Four people were killed over a land dispute among two rival groups here on Sunday. According to the police sources, the incident occurred over a land and property dispute which left four people dead. At least 36 people of both groups have been killed in t

Published 27 May, 2013 12:00am

15 injured in road accident

A passenger bus carrying devotees from Karachi to the shrine of Hazrat Lal Shahbaz Qalandar in Sehwan, met an accident on the Super Highway on Sunday, leaving at least 15 passengers injured. According to the Edhi Welfare Centre sources, the injured person

Published 27 May, 2013 12:00am

PYO rally reiterates commitment to peace in Karachi

Peoples Youth Organisation(PYO), the youth wing of the Pakistan People's Party (PPP), on Sunday took out "Bhutto Zindabad - Federation of Pakistan Zindabad Rally" from People's Secretariat near Quaid's Mausoleum to Karachi Press Club (KPC) here on Sunday.

Published 27 May, 2013 12:00am

'Vehicles with defective gas cylinders are death traps for people'

Vehicles with defective gas cylinders are death traps for innocent people and the government should take stern measures to make effective vehicles' fitness testing system for ensuring safety of life, said Dr Fowzia Siddiqui of Global Aafia Movement in a s

Published 27 May, 2013 12:00am

PBM demands Rs 6 billion for next budget

Managing Director of the Pakistan Bait-ul-Maal (PBM) Tariq Khursheed Malik on Sunday demanded of the Federal Government to allocate Rs 6 billion in the next fiscal budget 2013-14 to meet expenditures for its current projects.

Published 27 May, 2013 12:00am

CNG cylinder bursting incidents emerging as second top killer

The CNG cylinder burst incidents are emerging as the second largest killer after terrorism in Pakistan and during last few years dozens had been killed in such incidents. The Saturday gruesome incidents in Mangowal of district Gujrat, Punjab claimed 17 li

Published 27 May, 2013 12:00am

EU's GSP-plus regime: 'grey areas lie in implementation, monitoring mechanisms'

Changes enacted to the quantitative requirements of GSP+ enabled Pakistan to apply for qualification under the GSP+ arrangement that will become effective in January next year. The requirements were: seven or less products should make up minimum 75 percen

Published 27 May, 2013 12:00am

World not ready for mass flu outbreak

The world is unprepared for a massive virus outbreak, the deputy chief of the World Health Organisation warned on May 21, amid fears that H7N9 bird flu striking China could morph into a form that spreads easily among people. Keiji Fukuda told delegates at

Published 27 May, 2013 12:00am

Source of life running out: water scientists

The majority of people on Earth people will face severe water shortages within a generation or two if pollution and waste continues unabated, scientists warned at a conference in Bonn on May 24. "This handicap will be self-inflicted and is, we believe ent

Published 27 May, 2013 12:00am

Accidental find shows Vitamin C kills tuberculosis

Scientists said on May 21 they had managed to kill lab-grown tuberculosis (TB) bacteria with good old Vitamin C an "unexpected" discovery they hope will lead to better, cheaper drugs. A team from Albert Einstein College of Medicine in New York made the ac

Published 27 May, 2013 12:00am

US teen birth rate drops to record low

US teen births have dropped to a record low, but the country still has one of the highest rates among developed nations, the US Centres for Disease Control and Prevention said on May 22. "The overall rate declined 25 percent from 41.5 per 1,000 teenagers

Published 27 May, 2013 12:00am

Japan hospital tests powerful breast cancer therapy

A Japanese cancer specialist said on May 22 she has started the world's first clinical trial of a powerful, non-surgical, short-term radiation therapy for breast cancer. The National Institute of Radiological Sciences has begun the trial using "heavy ion

Published 27 May, 2013 12:00am

'H7N9 bird flu can spread in mammals'

The H7N9 strain of bird flu can spread among ferrets and could do the same among humans under certain conditions, according to lab animal studies on the virus published on May 23. So far there have been no known cases of human-to-human spread of the new v

Published 27 May, 2013 12:00am

AIDS scientists optimistic about finding cure for disease

Top AIDS scientists were optimistic on May 22 of finding a cure for the disease that has claimed 30 million lives - but said it might not work for all people. The experts have high hopes for a treatment that will be given at an early stage of infection -

Published 27 May, 2013 12:00am

Yahoo unveils makeover of Flickr site

Reinvigorated technology player Yahoo! On May 20 unveiled a dusted-off design of its Flickr photo platform only hours after the company's dramatic acquisition of blogging site Tumblr. Yahoo chief executive Marissa Mayer, maintaining that her ambition was

Published 27 May, 2013 12:00am

Google to bankroll, build wireless networks across Africa: WSJ

Google Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or so people in emerging countries to the Internet, the Wall Street Journal reported on May 24.

Published 27 May, 2013 12:00am

Risky behaviour starts young on web: survey

Australian children are accessing social media websites at an increasingly younger age, a new survey suggests, with one in five "tweens" admitting they have chatted to someone online they do not know.

Published 27 May, 2013 12:00am

Samsung sells more than 10 million Galaxy S4 smartphones

South Korea's Samsung Electronics said on May 23 its latest flagship Galaxy S4 had become its fastest selling smartphone to date, topping 10 million units globally less than a month after its debut. A company statement said the S4 had already passed the 1

Published 27 May, 2013 12:00am

Internet old-timer Yahoo! and youngster Tumblr

Pioneering Internet firm Yahoo! rose to stardom in the personal computer era while blogging platform Tumblr has won fans in a world of smartphones, tablets and social networking. The following is a brief breakdown of the companies following Monday's news

Published 27 May, 2013 12:00am

Teens share more online, see privacy issues: study

American teenagers are sharing more information about themselves on social media sites, but taking steps to protect their privacy online, a study showed on May 21. The new survey showed 91 percent of those surveyed posted a photo of themselves, up from 79

Published 27 May, 2013 12:00am

Philips hopes to make light bulbs key to networked house

Dutch company Philips is reporting success in an ongoing project to hook up a range of replaceable light bulbs so they respond to the flood of data online. Dubbed Hue, the new light bulbs were released seven months ago. By virtue of their internet link, t

Published 27 May, 2013 12:00am

Making applications run faster

Windows users can make programmes run faster by giving them a higher priority in Task Manager. This makes sense in the case of things like graphically demanding games. Call up Task Manager using the Ctrl, Shift and Esc keys and then select the Processes t

Published 27 May, 2013 12:00am

Android app to round off the corners

The smallest changes can sometimes have the greatest effect. The RoundR app for Android devices works on this principle. It does nothing except round off the corners of the screen, achieving thereby an entirely different look. Users can choose which corne

Published 27 May, 2013 12:00am

15 GB for everything: new Google storage plan

Google is now offering its users 15 gigabytes of combined free storage space for emails, pictures and files. Up till now the figure was 10 GB for Gmail and 5 GB for Google Drive and Google+ photos. In future there will be a common quota of 15 GB combining

Published 27 May, 2013 12:00am

Amazon going global with Kindle, App shop

Amazon is making its Kindle tablets and Apps available world wide, the world's largest online retailer said Thursday. The App shop is already available in nearly 200 countries. And after offering the Kindle tablet in selected foreign countries on a trial

Published 27 May, 2013 12:00am

StanChart to buy Morgan Stanley India wealth management arm

Standard Chartered has agreed to buy the Indian wealth management unit of Morgan Stanley, helping the British bank expand its private banking business in Asia's third-largest economy. The sale underscores growing consolidation of Asia's wealth management

Published 27 May, 2013 12:00am

Man City down Chelsea 5-3 in friendly

French midfielder Samir Nasri scored twice as Manchester City defeated Chelsea 5-3 on Saturday in a crowd-pleasing friendly at Major League Baseball's Yankee Stadium. In addition to Nasri's double, Gareth Barry James Milner and Edin Dzeko scored to give M

Published 27 May, 2013 12:00am

SATURDAY MAY 25: IP project, all other agreements to be pursued: FO

Published 27 May, 2013 12:00am

High speed trading a stiff challenge for US regulators

Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes.

Published 27 May, 2013 12:00am

SATURDAY MAY 25: Massive FDI expected in energy, telecom sector?

Published 27 May, 2013 12:00am

HSBC Chairman urges acceleration of bank reform

HSBC's Chairman Douglas Flint called for an acceleration in the speed of reform within the industry as the bank was criticised by shareholders for compliance failings and accusations it aided tax avoidance. Flint told around 400 shareholders at the bank's

Published 27 May, 2013 12:00am

FRIDAY MAY 24: Economic, social development: Pakistan faces arduous task, says Li

Published 27 May, 2013 12:00am

Ford promises to keep 1,000 jobs at French plant

Ford pledged to maintain 1,000 jobs for five years at a factory in south-western French under an agreement signed on May 24 on aid and incentives to keep the transmission plant running. The agreement signed by representatives of Ford's management, union m

Published 27 May, 2013 12:00am

FRIDAY MAY 24: Civilian nuclear technology: Nawaz seeks China help to help ease energy crisis

Published 27 May, 2013 12:00am

Ford promises to keep 1,000 jobs at French plant

Published 27 May, 2013 12:00am

THURSDAY MAY 23: Li talks of 'economic corridor'

Published 27 May, 2013 12:00am

Rolls-Royce wins engine order from CIT Aerospace

Britain's Rolls-Royce has won a contract to supply engines to power 23 Airbus aircraft ordered by US leasing company CIT Aerospace, it said on May 22. Rolls, the world's second-largest maker of aircraft engines behind US group General Electric, said the d

Published 27 May, 2013 12:00am

THURSDAY MAY 23: Need to boost trade to $15 billion stressed

Published 27 May, 2013 12:00am

Air China orders 100 Airbus A320 jets

Air China said on May 24 it had ordered 100 Airbus A320 series medium-range single-aisle passenger jets, which carry a catalogue price of $8.8 billion (6.8 billion euros). Air China said in a statement it would acquire 60 of the aircraft for itself and 40

Published 27 May, 2013 12:00am

MONDAY MAY 20: External debt servicing exceeds $4.6 billion

Published 27 May, 2013 12:00am

Lenovo sees 34 percent net profit jump

Chinese computer maker Lenovo Group on May 23 announced a jump in net profit for the financial year of 34 percent, despite the slowing PC market. Net profit for the financial year ended March 31 rose to $635.15 million, up from $472.99 million in 2011/201

Published 27 May, 2013 12:00am

MONDAY MAY 20: Caretaker government may introduce mini-budget

Published 27 May, 2013 12:00am

Lenovo sees 34 percent net profit jump

Published 27 May, 2013 12:00am

TUESDAY MAY 21: Ministry to release only Rs 5 billion?

Published 27 May, 2013 12:00am

WEDNESDAY MAY 22: MoU on energy to be inked: Chinese Prime Minister due today

Published 27 May, 2013 12:00am

WEDNESDAY MAY 22: Nawaz takes stock of power crisis

Published 27 May, 2013 12:00am

Marks & Spencer says investment to hold back profit

British retailer Marks & Spencer posted its lowest annual profit since 2009, hit by a drop in clothing sales, and said growth this financial year would be held back by investment in its online business and logistics. The 129-year-old company, battling to

Published 27 May, 2013 12:00am

National stamps exhibition to be held in June

Ministry of Postal Services will organise a three-day national stamps exhibition at Pakistan National Council of the Art (PNCA) from June 24 to 26 to promote philately in the country and abroad.

Published 27 May, 2013 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular