AIRLINK 159.45 Increased By ▲ 4.49 (2.9%)
BOP 10.06 Increased By ▲ 0.15 (1.51%)
CNERGY 7.85 Increased By ▲ 0.48 (6.51%)
CPHL 83.56 Increased By ▲ 0.65 (0.78%)
FCCL 48.54 Increased By ▲ 0.68 (1.42%)
FFL 15.07 Increased By ▲ 0.39 (2.66%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.41 Increased By ▲ 3.44 (2.49%)
HUMNL 12.74 Decreased By ▼ -0.13 (-1.01%)
KEL 4.45 Increased By ▲ 0.16 (3.73%)
KOSM 5.34 Increased By ▲ 0.18 (3.49%)
MLCF 76.36 Increased By ▲ 1.05 (1.39%)
OGDC 213.73 Increased By ▲ 1.06 (0.5%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 46.96 Increased By ▲ 0.83 (1.8%)
PIAHCLA 17.24 Increased By ▲ 0.96 (5.9%)
PIBTL 8.85 Increased By ▲ 0.28 (3.27%)
POWER 15.09 Decreased By ▼ -0.09 (-0.59%)
PPL 173.25 Increased By ▲ 3.34 (1.97%)
PRL 33.82 Increased By ▲ 2.68 (8.61%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 84.13 Increased By ▲ 0.36 (0.43%)
SSGC 36.98 Increased By ▲ 0.91 (2.52%)
SYM 15.51 Increased By ▲ 0.61 (4.09%)
TELE 7.56 Increased By ▲ 0.35 (4.85%)
TPLP 8.56 Increased By ▲ 0.14 (1.66%)
TRG 65.19 Decreased By ▼ -1.01 (-1.53%)
WAVESAPP 9.25 Increased By ▲ 0.30 (3.35%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.68 Increased By ▲ 0.08 (2.22%)
AIRLINK 159.45 Increased By ▲ 4.49 (2.9%)
BOP 10.06 Increased By ▲ 0.15 (1.51%)
CNERGY 7.85 Increased By ▲ 0.48 (6.51%)
CPHL 83.56 Increased By ▲ 0.65 (0.78%)
FCCL 48.54 Increased By ▲ 0.68 (1.42%)
FFL 15.07 Increased By ▲ 0.39 (2.66%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.41 Increased By ▲ 3.44 (2.49%)
HUMNL 12.74 Decreased By ▼ -0.13 (-1.01%)
KEL 4.45 Increased By ▲ 0.16 (3.73%)
KOSM 5.34 Increased By ▲ 0.18 (3.49%)
MLCF 76.36 Increased By ▲ 1.05 (1.39%)
OGDC 213.73 Increased By ▲ 1.06 (0.5%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 46.96 Increased By ▲ 0.83 (1.8%)
PIAHCLA 17.24 Increased By ▲ 0.96 (5.9%)
PIBTL 8.85 Increased By ▲ 0.28 (3.27%)
POWER 15.09 Decreased By ▼ -0.09 (-0.59%)
PPL 173.25 Increased By ▲ 3.34 (1.97%)
PRL 33.82 Increased By ▲ 2.68 (8.61%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 84.13 Increased By ▲ 0.36 (0.43%)
SSGC 36.98 Increased By ▲ 0.91 (2.52%)
SYM 15.51 Increased By ▲ 0.61 (4.09%)
TELE 7.56 Increased By ▲ 0.35 (4.85%)
TPLP 8.56 Increased By ▲ 0.14 (1.66%)
TRG 65.19 Decreased By ▼ -1.01 (-1.53%)
WAVESAPP 9.25 Increased By ▲ 0.30 (3.35%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.68 Increased By ▲ 0.08 (2.22%)
BR100 12,888 Increased By 217.2 (1.71%)
BR30 38,116 Increased By 748.7 (2%)
KSE100 119,962 Increased By 1425.4 (1.2%)
KSE30 36,773 Increased By 479.3 (1.32%)
May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-11-01
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
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
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
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
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
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
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
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
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
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
Foreign reserves rise by $267 million

Foreign reserves rise by $267 million

The country's liquid foreign reserves rose by $267 million mainly due to arrival of Collation Support Fund (CSF) inflows. The country has received an amount of some $322 million on account of CSF from US and these inflows have supported the country's depl
Published 01 Nov, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Nov, 2013 12:00am
Foreign reserves rise by $267 million

Foreign reserves rise by $267 million

The country''s liquid foreign reserves rose by $267 million mainly due to arrival of Collation Support Fund (CSF) inflows. The country has received an amount of some $322 million on account of CSF from US and these inflows have supported the country''s de
Published 01 Nov, 2013 12:00am
Nepra cuts tariff by 35 paisa/unit

Nepra cuts tariff by 35 paisa/unit

National Electric Power Regulatory Authority (Nepra) has approved roughly 35 paisa per unit reduction in power tariff for consumers of Discos, except lifeline consumers, after review of previous determinations, financial impact of which has been calculate
Published 01 Nov, 2013 12:00am
Nepra cuts tariff by 35 paisa/unit

Nepra cuts tariff by 35 paisa/unit

National Electric Power Regulatory Authority (Nepra) has approved roughly 35 paisa per unit reduction in power tariff for consumers of Discos, except lifeline consumers, after review of previous determinations, financial impact of which has been calculate
Published 01 Nov, 2013 12:00am
Nepra cuts tariff by 35 paisa/unit

Nepra cuts tariff by 35 paisa/unit

National Electric Power Regulatory Authority (Nepra) has approved roughly 35 paisa per unit reduction in power tariff for consumers of Discos, except lifeline consumers, after review of previous determinations, financial impact of which has been calculate
Published 01 Nov, 2013 12:00am
July-October: FBR collection falls short by Rs 35 billion

July-October: FBR collection falls short by Rs 35 billion

The Federal Board of Revenue (FBR) has provisionally collected Rs 635 billion during July-October (2013-14) against the target of Rs 670 billion, reflecting a shortfall of Rs 35 billion. Sources told Business Recorder here on Thursday that the prov
Published 01 Nov, 2013 12:00am
July-October: FBR collection falls short by Rs 35 billion

July-October: FBR collection falls short by Rs 35 billion

The Federal Board of Revenue (FBR) has provisionally collected Rs 635 billion during July-October (2013-14) against the target of Rs 670 billion, reflecting a shortfall of Rs 35 billion. Sources told Business Recorder here on Thursday that the prov
Published 01 Nov, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
July-October: FBR collection falls short by Rs 35 billion

July-October: FBR collection falls short by Rs 35 billion

The Federal Board of Revenue (FBR) has provisionally collected Rs 635 billion during July-October (2013-14) against the target of Rs 670 billion, reflecting a shortfall of Rs 35 billion. Sources told Business Recorder here on Thursday that the prov
Published 01 Nov, 2013 12:00am
SBP to conduct auction for CNY loan facility

SBP to conduct auction for CNY loan facility

In order to provide Chinese Yuan (CNY) funding to the scheduled banks, the State Bank of Pakistan (SBP) will conduct an auction for CNY loan facility of 3- and 6-month tenors in December. With this auction, the banks will be able to on-lend the CNY to imp
Published 01 Nov, 2013 12:00am
THE RUPEE: dollar climbs

THE RUPEE: dollar climbs

The dollar managed to hold the commanding position versus the rupee on the currency market on Thursday, dealers said.
Published 01 Nov, 2013 12:00am
SBP to conduct auction for CNY loan facility

SBP to conduct auction for CNY loan facility

In order to provide Chinese Yuan (CNY) funding to the scheduled banks, the State Bank of Pakistan (SBP) will conduct an auction for CNY loan facility of 3- and 6-month tenors in December. With this auction, the banks will be able to on-lend the CNY to imp
Published 01 Nov, 2013 12:00am
THE RUPEE: dollar climbs

THE RUPEE: dollar climbs

The dollar managed to hold the commanding position versus the rupee on the currency market on Thursday, dealers said.
Published 01 Nov, 2013 12:00am
SBP to conduct auction for CNY loan facility

SBP to conduct auction for CNY loan facility

In order to provide Chinese Yuan (CNY) funding to the scheduled banks, the State Bank of Pakistan (SBP) will conduct an auction for CNY loan facility of 3- and 6-month tenors in December. With this auction, the banks will be able to on-lend the CNY to imp
Published 01 Nov, 2013 12:00am
Domestic debt crosses Rs 10 trillion mark

Domestic debt crosses Rs 10 trillion mark

For the first time in the history of Pakistan, the government's overall stocks of domestic debt have crossed Rs 10 trillion mark mainly due to rising fiscal deficit and shortfall in the revenue. "Although the federal government is taking several steps to
Published 01 Nov, 2013 12:00am
Domestic debt crosses Rs 10 trillion mark

Domestic debt crosses Rs 10 trillion mark

For the first time in the history of Pakistan, the government's overall stocks of domestic debt have crossed Rs 10 trillion mark mainly due to rising fiscal deficit and shortfall in the revenue. "Although the federal government is taking several steps to
Published 01 Nov, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
Domestic debt crosses Rs 10 trillion mark

Domestic debt crosses Rs 10 trillion mark

For the first time in the history of Pakistan, the government''s overall stocks of domestic debt have crossed Rs 10 trillion mark mainly due to rising fiscal deficit and shortfall in the revenue. "Although the federal government is taking several steps to
Published 01 Nov, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
Provincial surplus helps MoF contain fiscal deficit

Provincial surplus helps MoF contain fiscal deficit

Provincial surplus has helped the Finance Ministry to limit the fiscal deficit below the agreed target with the International Monetary Fund (IMF) for the first quarter of the current fiscal year, it was learnt. Sources said the provincial surplus of Rs92
Published 01 Nov, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
Provincial surplus helps MoF contain fiscal deficit

Provincial surplus helps MoF contain fiscal deficit

Provincial surplus has helped the Finance Ministry to limit the fiscal deficit below the agreed target with the International Monetary Fund (IMF) for the first quarter of the current fiscal year, it was learnt. Sources said the provincial surplus of Rs92
Published 01 Nov, 2013 12:00am
Provincial surplus helps MoF contain fiscal deficit

Provincial surplus helps MoF contain fiscal deficit

Provincial surplus has helped the Finance Ministry to limit the fiscal deficit below the agreed target with the International Monetary Fund (IMF) for the first quarter of the current fiscal year, it was learnt. Sources said the provincial surplus of Rs92
Published 01 Nov, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (October 31, 2013) and for Friday (November 01, 2013).
Published 01 Nov, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 01 Nov, 2013 12:00am
7th Children's Literature Festival concludes

7th Children's Literature Festival concludes

Two-day Children's Literature Festival offered a feast of knowledge and books to almost 30,000 school children, teachers, parents, youth and people from all walks of life. The festival was organised by the Idara-e-Taleem-o-Aagahi (ITA), Oxford University
Published 01 Nov, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 01 Nov, 2013 12:00am
Jamshoro coal power project recommended for ECNEC's approval

Jamshoro coal power project recommended for ECNEC's approval

Planning Commission of Pakistan (PCP) has recommended in principle the Jamshoro 2x600 Coal Fired Power Project for the approval of the Executive Committee of the National Economic Council (ECNEC) with the condition of downward review of its cost. The proj
Published 01 Nov, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
Kamran Murtaza elected SCBA President

Kamran Murtaza elected SCBA President

Kamran Murtaza of Asma Jahangir-led Independent Group was elected President Supreme Court Bar Association (SCBA) for 2013-2014, here on Thursday. Murtaza secured 1032 votes against Hamid Khan-led Professional Group's candidate Amanullah Kanrani, who bagge
Published 01 Nov, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 31, 2013).

Published 01 Nov, 2013 12:00am
UN experts urged to make recommendations aimed at ending drone hits

UN experts urged to make recommendations aimed at ending drone hits

Welcoming last week's reports by two UN Special Rapporteurs on the use of armed drones in various parts of the world, Pakistan on Wednesday urged the two experts to make "stronger and clearer" recommendation in their final report that would help enforce a
Published 01 Nov, 2013 12:00am
The Weather

The Weather

The weather report on Thursday (October 31, 2013) and the forecast for Friday (November 01, 2013).

Published 01 Nov, 2013 12:00am
DG ANF meets DG Rangers Sindh, others

DG ANF meets DG Rangers Sindh, others

Director General Anti Narcotics Force Major General Malik Zafar Iqbal Thursday visited Karachi and met with Director General Rangers (Sindh), Inspector General Police (Sindh), Director General Coast Guards and other high officials of Law Enforcement Agenc
Published 01 Nov, 2013 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 01 Nov, 2013 12:00am
Paapam seeks LCCI's help with revival of tractor industry

Paapam seeks LCCI's help with revival of tractor industry

The Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) on Thursday sought the help of Lahore Chamber of Commerce and Industry (LCCI) for the revival of dying tractor industry. Led by Paapam Chairman Usman Malik, a seven-member
Published 01 Nov, 2013 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 01 Nov, 2013 12:00am
Nato containers scam: two more absconders held

Nato containers scam: two more absconders held

National Account-ability Bureau (NAB), Sindh, on Thursday claimed to have arrested two more absconders in ISAF/Nato containers case. According to details released by NAB, Sindh, both detained persons were identified as Kaleemullah and Muhammad Riaz Kaleem
Published 01 Nov, 2013 12:00am
Power ship may not be allowed unconditional departure

Power ship may not be allowed unconditional departure

Government of Pakistan (GoP) is unlikely to allow unconditional departure of Turkish company M/s Karkey Karadeniz Elektrik Uretim's 231MW ship detained in the Pakistani waters by Pakistan's Maritime Agency on the directives of National Accountability Bure
Published 01 Nov, 2013 12:00am
KP PA adopts RTI, LG Acts Unanimously

KP PA adopts RTI, LG Acts Unanimously

Khyber Pakhtunkhwa Assembly Thursday adopted both Right to Information Bill 2013 and Local Government Bill 2013 unanimously. However, a note of dissent of the opposition on Clauses 26 and 27 stapled with the later. The Assembly resumed proceedings with Sp
Published 01 Nov, 2013 12:00am
LCCI committed to resolving disputes through mediation

LCCI committed to resolving disputes through mediation

The Lahore Chamber of Commerce and Industry (LCCI) is committed to promote mediation for resolving commercial disputes as a way to improve enabling environment for investment and business activities in Pakistan, the LCCI President Engineer Sohail Lashari
Published 01 Nov, 2013 12:00am
Rehabilitation of jail inmates: input of all stakeholders sought

Rehabilitation of jail inmates: input of all stakeholders sought

The Secretary Law and Justice Commission of Pakistan (LJCP) sought input of all stakeholders to rehabilitate the condition of the prisoners in the jails and to reform century old laws. In the wake of miserable condition of the prisoners in the Pakistani j
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Previous Day
⇧