AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,400 Increased By 213 (2.09%)
BR30 31,653 Increased By 316.8 (1.01%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
Nov 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-11-01
New York gives nod to world's tallest Ferris wheel

New York gives nod to world's tallest Ferris wheel

New York City has given final approval to a $320 million project to build the world's tallest Ferris wheel, expected to pull in four million visitors a year. Developers say the 630-foot (192-meter) wheel will offer incredible views across the Manhattan sk
Published 01 Nov, 2013 12:00am
Air France-KLM writes off Alitalia stake

Air France-KLM writes off Alitalia stake

Fog clouding the future of Alitalia deepened on Thursday when Air France-KLM wrote off the value of its stake and told Italy it would ignore an emergency cash call for the battered airline unless "very strict conditions" were met.
Published 01 Nov, 2013 12:00am
Portable electronics to be allowed on flights: FAA

Portable electronics to be allowed on flights: FAA

Airline passengers will soon be allowed to use a range of mobile electronic devices in flight with very few restrictions, US aviation authorities said Thursday. The move by the Federal Aviation Administration put an end to stricter regulations that have b
Published 01 Nov, 2013 12:00am
No shutdown in US Midwest as business activity index surges

No shutdown in US Midwest as business activity index surges

Business activity in the US Midwest surged past expectations in October as new orders hit their highest level since 2004, countering recent evidence of soft economic growth. Weekly unemployment claims also fell, in welcome news for the nation's battered l
Published 01 Nov, 2013 12:00am
Banking regulators propose tougher rules on trading books

Banking regulators propose tougher rules on trading books

Global regulators proposed fundamental changes on Thursday to how banks price risk on their trading books in a move lawyers said would prompt some lenders to exit or cut back activities. The Basel Committee of banking supervisors from nearly 30 countries
Published 01 Nov, 2013 12:00am
New York Times sees losses, drop in ad revenues

New York Times sees losses, drop in ad revenues

The New York Times Co on Thursday reported a third-quarter loss, hit by a writedown related to the sale of the Boston Globe and declines in advertising revenues. The newspaper group said its loss was $24.2 million, compared with a profit of $2.7 million i
Published 01 Nov, 2013 12:00am
Germany rejects US criticism of export reliance

Germany rejects US criticism of export reliance

Angela Merkel's conservatives on Thursday rejected US criticism of Germany's dependence on exports but her likely future coalition partner agreed Europe's bulwark economy must do more to spur domestic demand. The United States has long called for countrie
Published 01 Nov, 2013 12:00am
Russian banks strengthen ties with blacklisted Syrian lenders

Russian banks strengthen ties with blacklisted Syrian lenders

Intent on supplying his government with arms, oil and food, Syrian President Bashar al-Assad has turned to Russian banks to access world markets, and the lenders could open more doors to him, despite a risk of isolation from the US banking system.
Published 01 Nov, 2013 12:00am
US Senator Shelby says not committed to Yellen for Fed

US Senator Shelby says not committed to Yellen for Fed

Republican Senator Richard Shelby, a critic of the US Federal Reserve, said on Thursday he was not committed to supporting Janet Yellen as the next Fed chair. President Barack Obama nominated Yellen, the current Fed vice chair, to take the top job at the
Published 01 Nov, 2013 12:00am
Sindh Secretariat, CHK: gas supply to canteens disconnected

Sindh Secretariat, CHK: gas supply to canteens disconnected

SSGC's Customer Relations Department's (CRD) Task Force on Thursday disconnected the gas supply of two commercial customers on account of gas theft. The first connection was installed in a canteen, which was running in the premises of Civil Hospital Karac
Published 01 Nov, 2013 12:00am
Turkish airlines given extra 14 flight slots

Turkish airlines given extra 14 flight slots

At a time when national carrier Pakistan International Airlines is in bad shape, immensely under pressure of huge debts and losses, the government is extending favours to foreign carriers without any justification, according to aviation experts here. Acco
Published 01 Nov, 2013 12:00am
Standard Chartered reports Rs 11.3 billion profit before tax

Standard Chartered reports Rs 11.3 billion profit before tax

Standard Chartered Bank (Pakistan) Limited announced its third quarter results. The bank continues to build on the business momentum despite challenging economic and external environment. The bank continues to deliver strong financial performance with nin
Published 01 Nov, 2013 12:00am
Standard Chartered reports Rs 11.3 billion profit before tax

Standard Chartered reports Rs 11.3 billion profit before tax

Standard Chartered Bank (Pakistan) Limited announced its third quarter results. The bank continues to build on the business momentum despite challenging economic and external environment. The bank continues to deliver strong financial performance with nin
Published 01 Nov, 2013 12:00am
Six suspects held in separate raids

Six suspects held in separate raids

Pakistan Rangers Sindh on Thursday claimed to have arrested six suspects in separate raids at various parts of the metropolis here. According to details, raids were conducted in the areas of Lyari, Natha Khan Goth, Gulistan-e-Johar, North Karachi, FC Area
Published 01 Nov, 2013 12:00am
Labourer killed in Hub explosion

Labourer killed in Hub explosion

A labourer was killed and several others injured as wall of a factory collapse due to explosion in a boiler. The fire brigade, police and officials of the industry department reached the spot and shifted the injured to a local hospital. Two of the injured
Published 01 Nov, 2013 12:00am
SHC disallows petition against PSM referendum

SHC disallows petition against PSM referendum

The Sindh High Court (SHC) on Thursday disallowed a petition filed by United Workers Front against a referendum in Pakistan Steel Mills (PSM). Now referendum in PSM for CBA will be held on November 4, 2013 as per scheduled announced by the NIRC. As per co
Published 01 Nov, 2013 12:00am
Karachi-Thatta carriageway soon: Sindh Assembly told

Karachi-Thatta carriageway soon: Sindh Assembly told

Sindh government under the public-private-partnership has already completed the Hyderabad-Mirpurkhas dual carriageway, while talks are in progress with the investors for construction of Karachi-Thatta dual carriageway, which would be initiated soon, Sindh
Published 01 Nov, 2013 12:00am
AKD Securities organises seminar on investor awareness

AKD Securities organises seminar on investor awareness

One of Pakistan's leading brokerage houses, AKD Securities Limited and Karachi Stock Exchange launched a nation-wide investor awareness campaign from Hyderabad recently. A large number of businessmen, doctors and salaried professionals attended the semina
Published 01 Nov, 2013 12:00am
AKD Securities organises seminar on investor awareness

AKD Securities organises seminar on investor awareness

One of Pakistan's leading brokerage houses, AKD Securities Limited and Karachi Stock Exchange launched a nation-wide investor awareness campaign from Hyderabad recently. A large number of businessmen, doctors and salaried professionals attended the semina
Published 01 Nov, 2013 12:00am
Six more killed in city

Six more killed in city

At least six persons were killed in separate incidents of violence at various parts of the city here on Thursday. According to police and rescue sources, unidentified armed men opened indiscriminate gunshots at a café located at Korangi area.
Published 01 Nov, 2013 12:00am
Latest winter collection expo today

Latest winter collection expo today

The grand multi-designer store, Studio Royale, is hosting the most notable and royal event of the season. The event will feature 25 fashion designers each showcasing their heart touching creations in front of the loyal subjects of the store.
Published 01 Nov, 2013 12:00am
Iraq exhibition: Pakistani companies attract buyers

Iraq exhibition: Pakistani companies attract buyers

It was a wise decision taken by the Trade Development Authority of Pakistan (TDAP) to put up a Pakistani pavilion in Iraq exhibition which concluded in Erbil on October 31st. Six stalls in the Pakistani pavilion displayed the country's potential for the e
Published 01 Nov, 2013 12:00am
Diwali: MQM distributes gifts among Hindu community

Diwali: MQM distributes gifts among Hindu community

Khidmat-e-Khalaq Foundation, a charity and welfare wing of Muttahida Qaumi Movement (MQM) distributed grocery, mehndhi (hena), bangles, lamps and other relief goods among the deserving women belonging to Hindu community on the occasion of Diwali, on the i
Published 01 Nov, 2013 12:00am
PHMA elects new office-bearers

PHMA elects new office-bearers

In the annual meeting of the central executive committee of Pakistan Hosiery Manufacturers and Exporters Association (PHMA) held on Wednesday at PHMA House, Karachi, Shahzad Azam Khan from Lahore was unanimously elected central chairman PHMA for the perio
Published 01 Nov, 2013 12:00am
Book Talk: Haqqani's 'Magnificent Delusions'

Book Talk: Haqqani's 'Magnificent Delusions'

Hussain Haqqani, once derided at home as Washington's ambassador to Pakistan for his pro-Western views, has taken a step further, accusing the government of directly supporting militant groups in his latest book "Magnificent Delusions".
Published 01 Nov, 2013 12:00am
PARC BoG approves Rs 3.646 billion for 2013-14 budget

PARC BoG approves Rs 3.646 billion for 2013-14 budget

Pakistan Agricultural Research Council (PARC) Board of Governor (BoG) on Thursday approved Rs 3.646 billion for the current financial year 2013-14 budget to meet its development and recurring expenditure.
Published 01 Nov, 2013 12:00am
Rival groups clash claims three lives

Rival groups clash claims three lives

At least three persons were killed and few others injured in armed groups clash here on Thursday. According to police armed men of two groups hailing Rorriya Jadeed area of Mardan were involved in old enmity due to various disputes, traded fire. As a resu
Published 01 Nov, 2013 12:00am
18 arrested over massacre of foreign climbers

18 arrested over massacre of foreign climbers

Police said Thursday they have arrested 18 suspects over the killing of 10 foreign climbers in the Himalayas in June, but warned that others remain at large. The June 22 attack was the deadliest assault on foreigners in the nuclear-armed country for a dec
Published 01 Nov, 2013 12:00am
Irrigation officials advised to facilitate farmers

Irrigation officials advised to facilitate farmers

The Minister for Irrigation Punjab/Chairman PIDA Mian Yawar Zaman has advised the officers to facilitate the farming community by improving their professional capacity. This will help ensure the water supply in tail portions as well as its efficient use,
Published 01 Nov, 2013 12:00am
BoK to celebrate 10th anniversary of 'Raast Islamic Banking' next month

BoK to celebrate 10th anniversary of 'Raast Islamic Banking' next month

The Bank of Khyber (BoK) will celebrate 10th anniversary of 'Raast Islamic Banking' in November next, which will enhance the awareness of Islamic Banking among general public across the country. This was stated by Mufti Muhammad Zahid Chairman BoK Shariah
Published 01 Nov, 2013 12:00am
PAD to launch awareness drive against dengue

PAD to launch awareness drive against dengue

Punjab Agriculture Department (PAD) will launch a strong awareness campaign against dengue across the province during next two weeks because of weather conditions prevailing during these days are consider very conducive to dengue mosquito. PAD will be see
Published 01 Nov, 2013 12:00am
RCCI demands establishment of CPLC

RCCI demands establishment of CPLC

City Police Officer (CPO) Bilal Siddique Kamyana has said that establishing a Citizen Police Liaison Committee (CPLC) is on top priority and Rawalpindi Chamber will be given concrete representation in this regard. He said that problems faced by the busine
Published 01 Nov, 2013 12:00am
'Incorrect' figures: opposition demands apology from Nisar

'Incorrect' figures: opposition demands apology from Nisar

The joint opposition in Senate Thursday warned to move a privilege motion against interior minister Chaudhry Nisar Ali Khan if he failed to issue an apology for providing "incorrect" figures to the house over killings in terrorism related incidents. Termi
Published 01 Nov, 2013 12:00am
Australian shares dip

Australian shares dip

Australian shares edged down 0.1 percent on Thursday, weighed down by losses in the financial sector after National Australia Bank slumped on concerns about its British business, but ended the month 4 percent higher to hover at five-year highs. NAB, the c
Published 01 Nov, 2013 12:00am
Hong Kong and China stocks fall

Hong Kong and China stocks fall

Hong Kong stocks closed 0.42 percent lower on Thursday, following losses on Wall Street after the Federal Reserve's assessment of the US economy fuelled speculation it may soon wind down its stimulus programme. The benchmark Hang Seng Index slipped 97.65
Published 01 Nov, 2013 12:00am
Thursday's early trade in New York: stocks barely budged

Thursday's early trade in New York: stocks barely budged

US stocks barely budged on Thursday as investors exercised caution in the wake of the Federal Reserve's policy announcement and some encouraging economic data. The central bank said on Wednesday that it will keep buying $85 billion of bonds per month, not
Published 01 Nov, 2013 12:00am
S&P's rally ends after Fed; Facebook soars late

S&P's rally ends after Fed; Facebook soars late

US stocks fell on Wednesday, with the S&P 500 snapping a four-day streak of gains after the Federal Reserve said it had a weaker growth outlook for the economy, even as it held steady with its stimulus program for the time being. Trading was volatile foll
Published 01 Nov, 2013 12:00am
Taiwan stocks retreat

Taiwan stocks retreat

Taiwan stocks fell 0.3 percent on Thursday as market sentiment was hit after the island's export-driven economy posted lower-than-expected growth in the third quarter. Tech exporters including UMC and AU Optronics led the decline, falling 3 percent and 1.
Published 01 Nov, 2013 12:00am
US bond prices fall

US bond prices fall

US Treasuries prices traded down on Wednesday as Federal Reserve policymakers said downside risks to the economy had lessened, a more hawkish observation than markets had expected. Concluding a two-day meeting, the Fed extended its $85-billion-per-month b
Published 01 Nov, 2013 12:00am
US bond prices fall

US bond prices fall

US Treasuries prices traded down on Wednesday as Federal Reserve policymakers said downside risks to the economy had lessened, a more hawkish observation than markets had expected. Concluding a two-day meeting, the Fed extended its $85-billion-per-month b
Published 01 Nov, 2013 12:00am
Qatari shares at six-week high, outperform regional gains

Qatari shares at six-week high, outperform regional gains

Qatar's shares outperformed regional markets on Thursday, rising to a six-week high as bargain hunters returned to the overlooked market, while other bourses also edged higher. Doha's index climbed 0.8 percent to its highest level since September 19. The
Published 01 Nov, 2013 12:00am
Tokyo shares lower

Tokyo shares lower

Tokyo stocks fell 1.20 percent Thursday on profit-taking, as the central bank held off launching fresh monetary easing measures and dealers awaited Japanese corporate results. The Nikkei 225 index declined 174.41 points to 14,327.94, while the Topix index
Published 01 Nov, 2013 12:00am
BSE index ends at record high; lenders surge

BSE index ends at record high; lenders surge

India's benchmark BSE index rose on Thursday to a record closing high as state-run lenders such as State Bank of India rallied on hopes of stabilising asset quality and attractive valuations. The BSE index gained 9.2 percent in October, its biggest monthl
Published 01 Nov, 2013 12:00am
Heavyweight Shell caps European share gains

Heavyweight Shell caps European share gains

Disappointing results from heavyweight energy firm Royal Dutch Shell kept Europe's blue chip share index in check on Thursday, as central bank stimulus continued to fuel appetite for European equities. Shares in Shell, Europe's third largest-listed compan
Published 01 Nov, 2013 12:00am
South Korean shares down

South Korean shares down

South Korean shares slid sharply on Thursday, a day after hitting a 27-month closing high, as sentiment chilled after the US Federal Reserve's latest policy outlook, with selling by foreign investors adding to downward pressure. The Korea Composite Stock
Published 01 Nov, 2013 12:00am
Southeast Asian stocks slip

Southeast Asian stocks slip

Indonesian shares fell to their lowest in more than two weeks on Thursday while other Southeast Asian stocks mostly slipped into negative territory amid rising risk aversion after the US Federal Reserve's policy outlook was seen as less dovish than expect
Published 01 Nov, 2013 12:00am
FTSE off five-month highs

FTSE off five-month highs

A drop in the share prices of oil major Shell and chemicals maker Croda knocked Britain's benchmark equity index down from 5-month highs on Thursday. Some traders said it could herald a further, minor pull-back on the blue chip FTSE 100 as traders cash in
Published 01 Nov, 2013 12:00am
DG Khan Cement team visits LSE

DG Khan Cement team visits LSE

DG Khan Cement Company's senior management visited The Lahore Stock Exchange to participate in the Corporate Briefing Programme (CBP). CBP is an interactive programme initiated by the LSE under the Corporate Communications Department to encourage companie
Published 01 Nov, 2013 12:00am
KBP urges government to enhance wheat support price

KBP urges government to enhance wheat support price

Kisan Board Pakistan (KBP) has warned the government that failure in enhancing the support price for wheat will lead to decrease in its production and spending huge precious foreign exchange on import to meet domestic requirements. KBP Chief Sardar Zafar
Published 01 Nov, 2013 12:00am
Buildings sealed

Buildings sealed

Staff of the Commercialisation Directorate of Lahore Development Authority (LDA) has sealed a total of 20 buildings for defaulting payment of commercialisation fee on Thursday.
Published 01 Nov, 2013 12:00am
Fatburger Livewire platform to promote musical talent

Fatburger Livewire platform to promote musical talent

Fatburger, the globally coveted quick service chain of restaurants, is providing Pakistani youth an outlet to showcase their musical talent through its new music platform "Livewire". The platform is envisioned as a creative outlet for all potential musici
Published 01 Nov, 2013 12:00am
Resolution of Kashmir issue: rulers advised not to pin hopes on US or UK

Resolution of Kashmir issue: rulers advised not to pin hopes on US or UK

Agri Forum Pakistan (AFP) Chairman Dr Muhammad Ibrahim Mughal advised the rulers not to pin hopes on the United States or the United Kingdom for solution of Kashmir issue. He alleged that both these countries have played role in complicating this issue. I
Published 01 Nov, 2013 12:00am
Conference on psychosocial rehabilitation begins today

Conference on psychosocial rehabilitation begins today

With the theme of "Recent Advances in Rehabilitation, Biological and Social Psychiatry," a four-day 3rd Asia Pacific Conference on Psychosocial Rehabilitation is being held in Lahore from Friday (today).
Published 01 Nov, 2013 12:00am
New-born baby abducted from PIMS

New-born baby abducted from PIMS

An unknown woman on Thursday abducted a new-born baby from Pakistan Institute of Medical Science (PIMS). Hospital sources said that a woman, Saira, hailing from Abbottabad, gave birth to a baby through operation on Wednesday night. Later she was shifted t
Published 01 Nov, 2013 12:00am
UNODC screens documentary 'Not My Life'

UNODC screens documentary 'Not My Life'

The United Nations Office on Drugs and Crime (UNODC) on Thursday hosted the screening of the documentary "Not My Life" here at Islamabad Club. UNODC Country Representative Cesar Guedes and Australian High Commissioner Peter Heyward provided introductory r
Published 01 Nov, 2013 12:00am
Forced marriages incidence up by 24 percent: Fafen

Forced marriages incidence up by 24 percent: Fafen

Forced marriages registered a high increase from 324 cases in February to 403 in May 2013 - an increase of 24 percent. Faisalabad with 43 cases was the highest reporting district of this crime, followed by Rahim Yar Khan (39 cases) and Vehari (31), says a
Published 01 Nov, 2013 12:00am
Nawaz meets Kosovo President

Nawaz meets Kosovo President

President of the Republic of Kosovo, Atifete Jahjaga and Prime Minister Nawaz Sharif at a meeting in London on Wednesday discussed economic and bilateral co-operation between the two countries. Both sides vowed to work closely on promotion of bilateral tr
Published 01 Nov, 2013 12:00am
Painting exhibition

Painting exhibition

The work of four world renowned fine artists is going to be on display at the Sufi singer Abida Parveen's AP Gallerie here on Friday. The works of legendary Ustad Allah Bux, Sadequain, Zawar Hussain and Ustad Khursheed Alam will be displayed. The exhibiti
Published 01 Nov, 2013 12:00am
KP government rehabilitates 60 schools so far

KP government rehabilitates 60 schools so far

Out of 181 completely destroyed schools during militancy, the Khyber Pakhtunkhwa government has rehabilitated 60 schools so far. According to a spokesperson of Provincial Reconstruction, Rehabilitation and Settlement Authority (PRRSA), reconstruction and
Published 01 Nov, 2013 12:00am
'Character building of youth must for corruption-free society'

'Character building of youth must for corruption-free society'

Character Building of young generation is must for establishing a corruption free society. We must inculcate high moral values as well as abhorrence against corruption in the minds of youth from the very beginning. These views were expressed by speakers a
Published 01 Nov, 2013 12:00am
APCNGA seeks to import 400MMCFD of LNG

APCNGA seeks to import 400MMCFD of LNG

The Compressed National Gas (CNG) body while taking a bold initiative has requested the government to allow them import of 400 Million Cubic Feet per Day (MMCFD) of Liquefied Natural Gas (LNG) to counter the impact of gas shortage, it is learnt.
Published 01 Nov, 2013 12:00am
Workshop

Workshop

The Refugees Affected and Hosting Programme (UNDP-RAHA Funded by EU) of KP organised a two-day training workshop on "Conflict Management" for government officials from various departments. More than 15 government officials from various departments partici
Published 01 Nov, 2013 12:00am
Seminar on 'Food safety and Security' organised

Seminar on 'Food safety and Security' organised

In order to highlight the importance of nutrition and sustainable food security among the new-born child, a one-day seminar organised by Citizen Rights & Sustainable Development (CRSD) in collaboration with Action Aid Pakistan held today here in a local h
Published 01 Nov, 2013 12:00am
Global workshop on Dairy Science Park from November 18

Global workshop on Dairy Science Park from November 18

Arrangements for the three-day second International Workshop on Dairy Science Park (DSP-2013) scheduled on November 18-20, was in full swing in the Agricultural University Peshawar (AUP). The objective for holding the event is developing enterprising capa
Published 01 Nov, 2013 12:00am
Media training on income tax held

Media training on income tax held

Media training on income tax was organised here on Thursday by TheNetwork for Consumer Protection and funded by USAID for building capacities of journalists to promote tax culture at district level. The training was initiated by debate on "Taxation for De
Published 01 Nov, 2013 12:00am
Yuan at one-week low

Yuan at one-week low

The Chinese yuan held near one-week lows against the US dollar on Thursday as traders consolidated positions after a recent spell of weakness triggered by the central bank's lower fixing. A two-month rangebound trading spell in the Chinese currency was br
Published 01 Nov, 2013 12:00am
Dollar clings near two-week high in Asia

Dollar clings near two-week high in Asia

The dollar hovered near a two-week high against a basket of major currencies on Thursday, after extending gains when the Federal Reserve mollified jumpy markets and kept its massive bond-buying stimulus in place. Some investors had been taking profits on
Published 01 Nov, 2013 12:00am
Euro falls to two-week low versus dollar in London

Euro falls to two-week low versus dollar in London

The euro fell to a two-week low against the dollar on Thursday after a fall in inflation to its lowest in nearly four years increased speculation that the European Central Bank will ease monetary policy further. Helped by the euro's falls, the dollar hit
Published 01 Nov, 2013 12:00am
Early trade in New York: euro falls versus dollar

Early trade in New York: euro falls versus dollar

The euro fell for a fourth straight session against the dollar on Thursday, tumbling to a two-week low as data showing eurozone inflation cooled to its weakest in nearly four years raised speculation the European Central Bank may further ease monetary pol
Published 01 Nov, 2013 12:00am
Dollar rallies after Fed statement

Dollar rallies after Fed statement

The dollar rallied against the euro and yen after the Federal Reserve said on Wednesday it will keep its stimulus for the economy in place but dropped a reference to tightening financial conditions. Traders bought back the US currency after the widely exp
Published 01 Nov, 2013 12:00am
Aussie and New Zealand $ bounce

Aussie and New Zealand $ bounce

The Australian dollar bounced on Thursday after surprisingly strong housing data showed record-low interest rates were helping the economy gain traction, lessening the need for further easing. The New Zealand dollar also got a lift after the Reserve Bank
Published 01 Nov, 2013 12:00am
Indian rupee weakens

Indian rupee weakens

The Indian rupee weakened on Thursday, hurt by dollar short-covering in later trade, but the local currency posted its second straight monthly gain on the back of continued buying of local shares by foreign institutional investors. The partially convertib
Published 01 Nov, 2013 12:00am
Most emerging Asian currencies slip

Most emerging Asian currencies slip

Most emerging Asian currencies slid on Thursday as investors took profits from their monthly gains after the Federal Reserve's steady stance disappointed some expectations of more dovish comments. The Indonesian rupiah led the daily depreciation. Malaysia
Published 01 Nov, 2013 12:00am
Sterling jumps versus euro

Sterling jumps versus euro

Sterling was on track for its biggest daily rise against the euro in six months on Thursday after eurozone inflation data bolstered expectations for looser monetary policy from the European Central Bank. That contrasted with UK data showing British house
Published 01 Nov, 2013 12:00am
Murdoch editors Brooks, Coulson had affair, hacking trial told

Murdoch editors Brooks, Coulson had affair, hacking trial told

Rebekah Brooks and Andy Coulson, two former editors of Rupert Murdoch's now defunct News of the World tabloid, were having an affair at the time their reporters are accused of hacking into phones, a court heard on Thursday. Prosecutor Andrew Edis said the
Published 01 Nov, 2013 12:00am
Iran and big powers end expert talks with no immediate comment

Iran and big powers end expert talks with no immediate comment

Iran and six world powers ended an expert-level meeting over Tehran's disputed nuclear activities on Thursday, witnesses said, but there was no immediate word on whether they had come any closer to a long-elusive breakthrough deal. The October 30-31 meeti
Published 01 Nov, 2013 12:00am
Fidel Castro meets Indian vice president

Fidel Castro meets Indian vice president

Cuban revolutionary icon Fidel Castro met with Indian Vice President Hamid Ansari on Wednesday, India's ambassador to Cuba said. "It was a very warm and affectionate visit," Ambassador Chintapally Rajasekhar told reporters after Ansari met with the 87-yea
Published 01 Nov, 2013 12:00am
Sri Lanka expells foreign media rights activists

Sri Lanka expells foreign media rights activists

Sri Lanka expelled two Australian media rights activists for violating visa conditions, the information minister said Thursday, a day after they were detained while speaking with local colleagues.
Published 01 Nov, 2013 12:00am
US envoy to Germany says no laws broken in spy affair

US envoy to Germany says no laws broken in spy affair

The US ambassador to Berlin said Thursday that he is unaware of any illegal activity linked to US espionage operations that have sparked a major rift in transatlantic ties. John Emerson was asked by German public broadcaster ZDF about reports that the Nat
Published 01 Nov, 2013 12:00am
Britain allows TV cameras into court

Britain allows TV cameras into court

Television cameras were allowed into one of the highest courts in Britain for the first time on Thursday, hailed as a landmark move towards open justice while still protecting the rights of vulnerable witnesses. Judges and lawyers discussing a case at the
Published 01 Nov, 2013 12:00am
Bomb threats divert four China flights

Bomb threats divert four China flights

Four domestic Chinese flights were diverted on Thursday after bomb threats were received, state media reported, days after an attack rocked Tiananmen Square in the capital. The official Xinhua news agency reported that an unidentified suspect had been arr
Published 01 Nov, 2013 12:00am
Modi aims at history and Gandhis with world's tallest statue

Modi aims at history and Gandhis with world's tallest statue

Indian opposition leader Narendra Modi launched the construction of the world's tallest statue on Thursday, a $338 million project in honour of one of the country's founding fathers, that he is using to undermine the ruling Nehru-Gandhi political family.
Published 01 Nov, 2013 12:00am
Thai amnesty bill sparks street protests

Thai amnesty bill sparks street protests

Anti-government protesters returned to the streets of Thailand's capital Thursday as parliament debated a political amnesty which opponents fear will "whitewash" past abuses and allow ousted premier Thaksin Shinawatra to return. Critics of the controversi
Published 01 Nov, 2013 12:00am
Mystery of Gestapo chief's fate is 'solved, shocking German Jews

Mystery of Gestapo chief's fate is 'solved, shocking German Jews

Gestapo chief Heinrich Mueller, the most senior Nazi whose fate has until now remained unknown, died in Berlin in 1945 and, in a chilling twist for an organiser of the Holocaust, lies in a Jewish cemetery, a German historian says. Mueller, who ran the Ges
Published 01 Nov, 2013 12:00am
Submarine hunting aircraft

Submarine hunting aircraft

Taiwan Thursday displayed its first long-range submarine-hunting aircraft, days after Beijing showed off its nuclear-powered submarine fleet in yet another sign of China's fast expanding military might. Taiwan's military introduced the Lockheed P-3C Orion
Published 01 Nov, 2013 12:00am
Plan to sell 100,000 packets of vegetables for Rabi season

Plan to sell 100,000 packets of vegetables for Rabi season

Punjab Government plans to sell 100,000 packets of different vegetables for current Rabi season across the province to promote kitchen gardening and has also panned various seminars and other programmes to create awareness amongst the masses about the ben
Published 01 Nov, 2013 12:00am
Government urged to release stuck-up refund claims

Government urged to release stuck-up refund claims

The value-addition sector appealed to the government to release stuck-up refund claims accumulated into billions of rupees immediately so that they could bring change in their machinery and process of manufacturing.
Published 01 Nov, 2013 12:00am
Forest sector: officers directed to evolve comprehensive strategy

Forest sector: officers directed to evolve comprehensive strategy

Punjab Minister for Forests, Wildlife and Fisheries Malik Muhammad Asif has directed the officers of the department to evolve a comprehensive strategy for improving forest sector. He was presiding over a special meeting at Training Centre Manawan, here on
Published 01 Nov, 2013 12:00am
Proposed gas suspension plan termed 'death knell'

Proposed gas suspension plan termed 'death knell'

Textile exporters termed proposed gas suspension plan a death knell for export-based textile industry and productivity and sought the Government's intervention and help for a regular supply of gas to the precious forex earning sector. This would not only
Published 01 Nov, 2013 12:00am
Previous Day