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Print - 2014-06-10
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (June 09, 2014).

Published 10 Jun, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (June 09, 2014).
Published 10 Jun, 2014 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (June 09, 2014).

Published 10 Jun, 2014 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (June 09, 2014).

Published 10 Jun, 2014 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (June 09, 2014).

Published 10 Jun, 2014 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (June 09, 2014).

Published 10 Jun, 2014 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 10 Jun, 2014 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 10 Jun, 2014 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 10 Jun, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 10 Jun, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 10 Jun, 2014 12:00am
PUBLIC - PRIVATE PARTNERSHIP

PUBLIC - PRIVATE PARTNERSHIP

LDA City will be the beautiful and most modern housing scheme of the province for which most proper location has been selected. More than 1.25 Lacs Developed Plots, Residential & Commercial Buildings 50% Special Discount in Development Charges Payment of
Published 10 Jun, 2014 12:00am
LDA City: Pakistan's Biggest Housing Scheme

LDA City: Pakistan's Biggest Housing Scheme

With a population of 10 million people and a high population growth rate of over 3 percent per year, Lahore is fast emerging as a leading metropolis in the region. It is one of those fast expanding cities of the world which facing tremendous population gr
Published 10 Jun, 2014 12:00am
Mission of LDA

Mission of LDA

LDA mission is to improve the lives and lifestyles of the residents of Lahore through modern urban planning and the provision of every modern facility, promotion of industry, trade, commerce, and culture, smooth flow of urban traffic and state-of-the-art
Published 10 Jun, 2014 12:00am
Lahore Development Authority

Lahore Development Authority

Initially named as the Lahore Improvement Trust, the Lahore Development Authority (LDA) was renamed in 1975, through the LDA legal Act of Punjab Assembly. TEPA and WASA are the two sectors of LDA.
Published 10 Jun, 2014 12:00am
Indian tea prices rise

Indian tea prices rise

Average tea prices in India, the world's second-biggest producer, edged higher at last week's auction on strong demand amid a slight drop in supplies from the top-producing Assam state. The CTC (crush-tear-curl) grade leaf was sold at 162.16 rupees ($2.75
Published 10 Jun, 2014 12:00am
Russian Urals crude falls to new lows

Russian Urals crude falls to new lows

Russian Urals crude fell to new lows Monday as weak purchasing levels by refiners due to poor refining margins depressed demand for the grade of the world's largest oil producer. Trafigura offered a cargo of Urals in the Baltic at dated Brent minus $3.55
Published 10 Jun, 2014 12:00am
China's iron ore futures edge higher

China's iron ore futures edge higher

Iron ore futures in China edged up on Monday as the market stabilised after recent steep falls in prices spurred buying interest in the world's top consumer of the steelmaking commodity. Spot iron ore prices rose last week after a seven-week slide that pu
Published 10 Jun, 2014 12:00am
Indian sugar, oilseeds rise on below average rainfall

Indian sugar, oilseeds rise on below average rainfall

Indian sugar futures rose on Monday to their highest in nearly a month due to a rise in overseas prices and concerns over next year's production as the weather department forecast lower rainfall in cane growing areas. India's monsoon is expected to bring
Published 10 Jun, 2014 12:00am
Oil cake market rates

Oil cake market rates

Declining trend was seen on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The July contract closed at Rs 1752.20 and it opened with 40 paisa loss at Rs 1751.80 in the early session, they said. The July vaida end
Published 10 Jun, 2014 12:00am
Lacklustre trading on cotton market

Lacklustre trading on cotton market

Not much business activity was witnessed on the cotton market on Monday as mills and spinners kept on the sidelines just to observe the developing situation after the announcement of next budget, dealers said. The official spot rate held the overnight lev
Published 10 Jun, 2014 12:00am
Canadian canola futures little changed

Canadian canola futures little changed

ICE Canadian canola futures were little changed on Monday in thin early dealings, with Western Canada planting nearly wrapped up in most areas. Traders were awaiting fresh direction for the market, possible from Wednesday's US Department of Agriculture mo
Published 10 Jun, 2014 12:00am
Asian gasoline crack hits one-month low

Asian gasoline crack hits one-month low

The Asian gasoline crack fell to a one-month low of $7.56 a barrel on Monday, dragged down by ample supplies. An explosion at a sulphur recovery unit in the 250,000 barrels per day (bpd) Sinopec Yangzi plant failed to lift the market as traders were not e
Published 10 Jun, 2014 12:00am
Downward trend persists on grain market

Downward trend persists on grain market

Bears dominated the wholesale grain market on Monday due to steady arrivals from upcountry centres, dealers said. On the cereals side, Makai low type was lower by Rs 75 to Rs 2625 and the best variety followed the suit, lost Rs 100 to Rs 2650, masoor Dall
Published 10 Jun, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 2,632 million. Number of lots traded was 10,826 and PMEX Commodity Index closed at 2,989. Major business was contributed by gold amounting to PKR 1,493 million - up by 15 pe
Published 10 Jun, 2014 12:00am
European wheat futures fall

European wheat futures fall

European wheat futures fell on Monday, under renewed pressure from losses in Chicago as grain markets focused again on favourable harvest prospects in the northern hemisphere. November milling wheat, the most traded contract on the Euronext market in Pari
Published 10 Jun, 2014 12:00am
US corn and soya conditions seen strong: analysts

US corn and soya conditions seen strong: analysts

Warm and humid conditions across the US Midwest boosted corn and soyabean plant development the past week and will prompt the government to report high crop ratings in its weekly crop report, analysts said on Monday. Analysts polled by Reuters on average
Published 10 Jun, 2014 12:00am
US Midwest corn bids mixed

US Midwest corn bids mixed

Spot basis bids for corn were mixed at processors and ethanol plants, but held steady at elevators around the US Midwest on Monday as farmers were slow to sell crops, dealers said. Weaker US corn futures values kept a lid on corn sales in the cash market,
Published 10 Jun, 2014 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Spot cash basis bids for hard red winter held steady in the southern US Plains on Monday after falling last week, as heavy weekend rains stalled early harvest progress, dealers said. Some areas of Oklahoma and western Nebraska received up to 5 inches (12.
Published 10 Jun, 2014 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 211,006 tonnes of cargo comprising 165,605 tonnes of import cargo and 45,401 tonnes of export cargo including 3,210 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 165
Published 10 Jun, 2014 12:00am
Tyson wins bidding war for Hillshire

Tyson wins bidding war for Hillshire

US meat giant Tyson Foods won the bidding war to take over sausage maker Hillshire Brands Monday, when its sharply increased bid forced Brazilian-owned rival Pilgrim's Pride to pull out. Tyson submitted a $63 dollar a share all-cash offer, topping Pilgrim
Published 10 Jun, 2014 12:00am
Gap to be first US retailer to sell 'Made in Myanmar' goods

Gap to be first US retailer to sell 'Made in Myanmar' goods

High street giant Gap is to become the first American retailer to source garments made in Myanmar, the US embassy in Yangon said, over a decade after sanctions against the former junta slashed the country's textile industry. The US embassy said products m
Published 10 Jun, 2014 12:00am
Bad loans at Italian banks rise to new record

Bad loans at Italian banks rise to new record

Bad loans at Italian banks increased to 166.4 billion euros ($227 billion) in April, up nearly 2 billion euros from a month earlier, in a sign of the still-rising toll from a two-year economic recession on bank balance sheets. It is the largest figure for
Published 10 Jun, 2014 12:00am
Vietnam banking tycoon given 30-year jail term

Vietnam banking tycoon given 30-year jail term

A Vietnamese court on Monday sentenced a disgraced banking tycoon to 30 years in jail over a multi-million dollar scandal that shocked the nation's already fragile financial markets. Nguyen Duc Kien, 50, was found guilty of fraud, tax evasion, illegal tra
Published 10 Jun, 2014 12:00am
Nissan unveils newest all-electric vehicle

Nissan unveils newest all-electric vehicle

Nissan on Monday unveiled its second all-electric vehicle, the Japanese automaker's latest push into the eco-friendly car sector despite disappointing sales. The company said its e-NV200, a zero-emission commercial van, can drive 190 kilometres (120 miles
Published 10 Jun, 2014 12:00am
Japan's first quarter growth fastest in over two years

Japan's first quarter growth fastest in over two years

Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike. A sur
Published 10 Jun, 2014 12:00am
Time Inc begins new era as magazine industry struggles

Time Inc begins new era as magazine industry struggles

Time Inc, the magazine company that is home to People, Sports Illustrated and Time, saw its shares fall lower on the New York Stock Exchange on Monday in its first trading session following a spin-off from its parent, Time Warner Inc. Led by Chief Executi
Published 10 Jun, 2014 12:00am
South Korea to overtake Japan, France income levels by 2018: Moody's

South Korea to overtake Japan, France income levels by 2018: Moody's

South Korea's economy has proved highly immune to market turmoil elsewhere and will maintain a "breakout" growth pattern over five years to catch up with Japan and France in per-capita income in purchasing-power terms, Moody's said on Monday. "Sustained r
Published 10 Jun, 2014 12:00am
South Korea to overtake Japan, France income levels by 2018: Moody's

South Korea to overtake Japan, France income levels by 2018: Moody's

South Korea's economy has proved highly immune to market turmoil elsewhere and will maintain a "breakout" growth pattern over five years to catch up with Japan and France in per-capita income in purchasing-power terms, Moody's said on Monday. "Sustained r
Published 10 Jun, 2014 12:00am
China to reduce rural banks' reserve requirements

China to reduce rural banks' reserve requirements

China's central bank announced details Monday of a plan that reduces the amount of money rural banks must keep in reserve, a move aimed at stimulating the economy amid slowing growth. In a statement posted on its website, the People's Bank of China (PBOC)
Published 10 Jun, 2014 12:00am
Cybercrime cuts deep in global economy

Cybercrime cuts deep in global economy

Cybercrime has grown into a global industry worth around half a trillion dollars, with no sign of slowing, a research report said Monday. The report by the Center for Strategic and International Studies with security firm McAfee estimated the global econo
Published 10 Jun, 2014 12:00am
Trading scandals, legal fines may ramp up US banks' capital needs

Trading scandals, legal fines may ramp up US banks' capital needs

Large US banks are finding the billions of dollars they paid in recent years to settle lawsuits and fix broken businesses are coming back to haunt them in another place: their capital requirements. Under the new global rules known as "Basel III," banks li
Published 10 Jun, 2014 12:00am
Dubai's bourse tumbles, led by Arabtec; Egypt index up

Dubai's bourse tumbles, led by Arabtec; Egypt index up

Dubai's bourse fell sharply on Monday as investors booked profits in the region's best-performing market this year, while Egypt was lifted by the inauguration of a new president and an offer to buy a large stake in investment bank EFG Hermes. The Dubai be
Published 10 Jun, 2014 12:00am
South Korean stocks down

South Korean stocks down

The South Korean won hit a near six-year peak against the dollar on Monday, supported by persistent stock inflows and in catch-up trade after the European Central Bank eased policy and amid intervention caution. South Korean financial markets were closed
Published 10 Jun, 2014 12:00am
Indian shares surge to record high

Indian shares surge to record high

Indian shares surged on Monday to record highs as bluechips such as Coal India and Larsen & Toubro continued to rally on hopes of wide-ranging reforms by the new Narendra Modi government. Foreign institutional investors bought a net 12.83 billion rupees (
Published 10 Jun, 2014 12:00am
Taiwan stocks flat

Taiwan stocks flat

Taiwan stocks were flat on Monday morning, dragged down by construction holdings as investors grappled with the continued fall-out of a bribery scandal at a major builder. The main TAIEX index rose 5.19 points to 9139.65 as of 0148 GMT, largely trailing o
Published 10 Jun, 2014 12:00am
Tokyo stocks rise

Tokyo stocks rise

Tokyo stocks rose 0.31 percent to close at a three-month high on Monday following another record-setting Wall Street advance driven by a solid US jobs report. The benchmark Nikkei 225 index added 46.76 points to 15,124.00, its best finish since March 11,
Published 10 Jun, 2014 12:00am
Hong Kong stocks climb; China flat

Hong Kong stocks climb; China flat

Hong Kong shares climbed 0.73 percent Monday after Wall Street hit new records in response to solid US jobs data last week while dealers also welcomed upbeat economic figures from China and Japan. The benchmark Hang Seng Index added 166.47 points to 23,11
Published 10 Jun, 2014 12:00am
Gains in southern periphery buoy European equities

Gains in southern periphery buoy European equities

Spain, Italy and Portugal outperformed other European stock markets on Monday, as investors stepped up bets that they would benefit most from the European Central Bank's latest economic stimulus measures. Bid speculation also lifted telecoms company Orang
Published 10 Jun, 2014 12:00am
South African stocks hit record high

South African stocks hit record high

South Africa's main stock indices notched up record highs on Monday, taking their cue from an upbeat tone in major overseas markets, with gold shares among the top gainers as the price of bullion advanced. The benchmark JSE Top-40 index gained 0.46 percen
Published 10 Jun, 2014 12:00am
TSX at highest in nearly six years

TSX at highest in nearly six years

Canada's main stock index rose on Monday to its highest in nearly six years after higher commodity prices helped drive up shares in the energy and mining sectors. Oil prices jumped more than 1 percent, while the prices of bullion and silver also traded in
Published 10 Jun, 2014 12:00am
FTSE extends gains, near record high

FTSE extends gains, near record high

Britain's top share index extended its gains and closed near a record high on Monday, led by mining companies, amid signs a global economic recovery was picking up speed. The UK mining index rose 0.4 percent, making it the biggest sectoral gainer in the F
Published 10 Jun, 2014 12:00am
Dollar rises against yen in Asia

Dollar rises against yen in Asia

The dollar edged higher against the yen on Monday thanks to upbeat US employment data while the euro stood firm after rebounding from multi-month lows, continuing to shake off the impact from the European Central Bank's monetary easing last week. The doll
Published 10 Jun, 2014 12:00am
Early trade in New York: dollar gains broadly

Early trade in New York: dollar gains broadly

The dollar rose against a basket of major currencies on Monday in the wake of last week's sturdy US jobs report, with bids supported by higher US government bond yields compared to those of European counterparts. The dollar extended gains against the euro
Published 10 Jun, 2014 12:00am
Euro hurt by widening rate differentials

Euro hurt by widening rate differentials

The euro gave up gains to weaken against the dollar on Monday, as yield differentials between US Treasuries and German Bunds widened to multi-year highs, highlighting the monetary policy divergence between the United States and the euro zone. Amid lower-t
Published 10 Jun, 2014 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 77.63-77.6320 (previous 77.63-77.63). Call Money Rates: 06.00-07.25 percent (previous 05.50-07.25 percent).
Published 10 Jun, 2014 12:00am
New Zealand and Australian dollar soar

New Zealand and Australian dollar soar

The New Zealand and Australian dollars traded a touch firmer in holiday dampened markets on Monday as investors moved on from last week's offshore induced activity and looked towards looming local data releases. The Antipodeans had been buffeted first by
Published 10 Jun, 2014 12:00am
Indian rupee edges down

Indian rupee edges down

The Indian rupee weakened on Monday as continued dollar buying intervention by the central bank and demand for the greenback from importers offset positive sentiment due to record high domestic shares. Foreign fund flows into domestic shares and debt will
Published 10 Jun, 2014 12:00am
Emerging Asian currencies rise

Emerging Asian currencies rise

Emerging Asian currencies rose on Monday as US and China data pointed to a strengthening global economic recovery, while the yuan jumped after the central bank fixed the daily midpoint surprisingly higher. The South Korean won touched a near six-year peak
Published 10 Jun, 2014 12:00am
Sterling rises

Sterling rises

Sterling inched back towards 18-month highs against the euro on Monday, helped by growing conviction that British interest rates will top euro zone equivalents for years to come. The euro was also heading back towards lows against the dollar hit immediate
Published 10 Jun, 2014 12:00am
Youth Pepsi-PCB cricket programme begins

Youth Pepsi-PCB cricket programme begins

The final phase of Pepsi-PCB Star Cricket Programme 2013-14 under the Youth Development Programme is starting here at NCA from June 10 to 27 under the supervision of NCA elite coaches. Junior National Selection Committee has already selected as many as 25
Published 10 Jun, 2014 12:00am
England to counter World Cup dirty tricks

England to counter World Cup dirty tricks

England's World Cup friendlies gave valuable lessons in handling South American-style aggression when the tournament starts in Brazil, coach Roy Hodgson said. England beat Peru in London, drew 2-2 with Ecuador last week and 0-0 with Honduras on Saturday w
Published 10 Jun, 2014 12:00am
Sangakkara glad of Pietersen's England exile

Sangakkara glad of Pietersen's England exile

Sri Lanka great Kumar Sangakkara has said the tourists are glad not to be facing the "amazing" Kevin Pietersen in a two-Test series against England starting at Lord's on Thursday. Pietersen, England's all-time leading run-scorer across all formats, was dr
Published 10 Jun, 2014 12:00am
Japan can reach quarters: Honda

Japan can reach quarters: Honda

Japan's talisman Keisuke Honda has predicted the Asian champions will produce a "miracle" at the World Cup and reach the quarter-finals, local media reported on Monday. Sporting a spiky mohawk haircut, the bleached-blond Honda touched down in Brazil with
Published 10 Jun, 2014 12:00am
Brazilian envoy unveils 'Brazuca' at SCCI

Brazilian envoy unveils 'Brazuca' at SCCI

Ambassador of Brazil to Pakistan Alfredo Leoni on Monday unveiled the official FIFA soccer ball 'Brazuca' made-in-Pakistan in a colourful ceremony held at Sialkot Chamber of Commerce and Industry (SCCI). "It is a memorable moment that after the lapse of 3
Published 10 Jun, 2014 12:00am
Williamson, Latham put New Zealand in control

Williamson, Latham put New Zealand in control

Kane Williamson's sixth Test hundred and a battling 83 by opener Tom Latham put New Zealand in control at 240 for two at stumps on day one of the first Test against the West Indies on Sunday. Justifying captain Brendon McCullum's decision to bat first on
Published 10 Jun, 2014 12:00am
Milan fire coach Seedorf and bring in Inzaghi

Milan fire coach Seedorf and bring in Inzaghi

AC Milan fired coach Clarence Seedorf on Monday after less than five months in charge and replaced him with youth team boss Filippo Inzaghi, a move that had been on hold for two weeks. "I thank Silvio Berlusconi for the trust," former Italy and Milan stri
Published 10 Jun, 2014 12:00am
Victorious Kosovo Prime Minister Thaci seeks coalition partners

Victorious Kosovo Prime Minister Thaci seeks coalition partners

Kosovo's Prime Minister Hashim Thaci, whose PDK party won snap parliamentary elections at the weekend, began the search on Monday for coalition partners to provide him with a third mandate. Based on more than 94 percent of votes counted, Thaci's Democrati
Published 10 Jun, 2014 12:00am
Checkpoint blasts kill 28 in northern Iraq

Checkpoint blasts kill 28 in northern Iraq

A roadside bomb followed by a suicide bomber detonating an explosives-rigged truck at a police checkpoint in northern Iraq killed 28 people Monday, while four people died in other attacks. Militants have launched major operations in five different provinc
Published 10 Jun, 2014 12:00am
Government efforts to resolve South African platinum strike fail

Government efforts to resolve South African platinum strike fail

The South African government said Monday its efforts to resolve a crippling five-month strike at the world's largest platinum producers had failed. The talks "have unfortunately been dissolved without an outcome," Anglo American Platinum, Impala Platinum
Published 10 Jun, 2014 12:00am
Singapore Airlines plane grounded

Singapore Airlines plane grounded

A Singapore Airlines (SIA) plane bound for Beijing with 292 people on board was grounded Monday after airport staff discovered a white substance in the cargo hold, the carrier said. SIA said however that the substance found on the Boeing 777 was harmless.
Published 10 Jun, 2014 12:00am
Eurofighter jet crashes in Spain, pilot killed

Eurofighter jet crashes in Spain, pilot killed

A Eurofighter jet crashed while attempting to landing at an air base in south-western Spain on Monday, killing its pilot, the defence ministry said. "A Eurofighter crashed on landing at the start of the runway of the Moron base," near Sevilla, a ministry
Published 10 Jun, 2014 12:00am
Assad announces wide-ranging prisoner amnesty

Assad announces wide-ranging prisoner amnesty

Syria's President Bashar al-Assad announced an unprecedented prisoner amnesty on Monday, less than a week after his re-election, the most wide-ranging since the beginning of the revolt against him. Announced five days after Assad was re-elected with nearl
Published 10 Jun, 2014 12:00am
Iran and Turkey pledge cooperation despite split over Syria

Iran and Turkey pledge cooperation despite split over Syria

Iran and Turkey on Monday pledged to work together to stop extremism and bloodshed in the Middle East despite their deep differences over Syria's civil war. "Iran and Turkey, the two important countries in the region, are determined to fight against extre
Published 10 Jun, 2014 12:00am
Saudi prince loses court claim with King Fahd 'wife'

Saudi prince loses court claim with King Fahd 'wife'

A Saudi prince lost an early round of a multi-million pound British court battle on Monday against a woman who claims she was married to his late father King Fahd. Prince Abdul Aziz bin Fahd argued his father had "state immunity" and that the English High
Published 10 Jun, 2014 12:00am
ICC confirms charges against 'Terminator'

ICC confirms charges against 'Terminator'

The International Criminal Court confirmed on Monday that it had filed charges against former warlord Bosco Ntaganda, founder of the M23 rebel group who was dubbed "The Terminator", for war crimes in the Democratic Republic of Congo. The judges "unanimous
Published 10 Jun, 2014 12:00am
World's oldest man dies

World's oldest man dies

The world's oldest man, a 111-year old Polish immigrant to the US, has died at a New York home for the elderly, media reported on Monday. Alexander Imich passed away early Sunday at a Manhattan senior residence where he had lived since 1986, the New York
Published 10 Jun, 2014 12:00am
Ukraine, Russia launch crisis talks on gas, insurgency

Ukraine, Russia launch crisis talks on gas, insurgency

Ukraine launched delicate dual-track diplomatic negotiations with Russia on Monday aimed at averting a debilitating gas cut and ending a bloody separatist insurgency by the end of the week. The meetings in Brussels and Kiev throw down an immediate challen
Published 10 Jun, 2014 12:00am
Crisis defused as court rules election of Libya Prime Minister invalid

Crisis defused as court rules election of Libya Prime Minister invalid

Libya's supreme court Monday ruled as unconstitutional the election of premier Ahmed Miitig in a chaotic parliamentary session, ending a month-long political crisis that saw two rival cabinets jostling for power. Miitig said he would respect the ruling, h
Published 10 Jun, 2014 12:00am
Nato launches fresh war games near Russia border

Nato launches fresh war games near Russia border

Nato on Monday launched one of its largest military manoeuvres in the Baltic states since tensions spiked with neighbouring Russia over its annexation of Ukraine's Crimean peninsula. Around 4,700 troops and 800 military vehicles from 10 countries includin
Published 10 Jun, 2014 12:00am
PIA, CFM celebrate 30-year relationship

PIA, CFM celebrate 30-year relationship

Pakistan International Airlines (PIA) and CFM International on Monday celebrated a relationship that has been 30 years in the making. The Pakistani flag carrier was one of CFM International's very first customers and began operating CFM56-3-powered Boeing
Published 10 Jun, 2014 12:00am
SAB condemns government treatment towards agriculture

SAB condemns government treatment towards agriculture

Sindh Abadgar Board has expressed disappointment over the step motherly treatment of the government with agriculture, adding that in the whole world the governments give subsidy to agriculture but in Pakistan the agriculture is taxed.
Published 10 Jun, 2014 12:00am
Thar victims KASB Bank staff contribute Rs 1.4 million

Thar victims KASB Bank staff contribute Rs 1.4 million

A ceremony was held at KASB Bank Head Office Karachi to hand over the contribution of KASB Bank staff members to Hisaar Foundation. KASB Bank staff members extended their support to the drought hit fellow citizens of Thar by contributing over Rs 1.4 milli
Published 10 Jun, 2014 12:00am
Post-budget seminar held

Post-budget seminar held

A post budget seminar was held in the Rawalpindi/Islamabad Tax Bar Building here on Monday. Aftab Ahmed, the Chief Commissioner, RTO, Rawalpindi was invited as the chief guest, Imtiaz and Khalid Javed Commissioners, RTO, Rawalpindi was also invited at the
Published 10 Jun, 2014 12:00am
RCCI demands withdrawal of taxes, duty on poultry feed

RCCI demands withdrawal of taxes, duty on poultry feed

Rawalpindi Chamber of Commerce and Industry on Monday demanded withdrawal of taxes and import duty on poultry feed, failing which, would cause a major blow to the essential food items' production.
Published 10 Jun, 2014 12:00am
Medicine prices rise by 15 percent to 100 percent: survey

Medicine prices rise by 15 percent to 100 percent: survey

The budget 2014-15 has had no impact on the medicine prices, a survey carried out by Business Recorder showed, here on Monday. Medicine traders at Bohar Bazaar (medicine wholesale market) told Business Recorder that medicine prices have witn
Published 10 Jun, 2014 12:00am