News Archives for Print - 2014-07-06

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (June 02 to 30, 2014)

Published 06 Jul, 2014 12:00am

The Weather

The weather report on Saturday (July 05, 2014) and the forecast for Sunday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Poultry Rates

Wholesale poultry rates on Saturday (July 05, 2014) and for Sunday (July 06, 2014).

Published 06 Jul, 2014 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

The rupee managed to recover modestly against the dollar on the currency market on Saturday, dealers said. The rupee rose by 10-paisa versus the dollar for buying and selling at Rs 98.90 and Rs 99.10 respectively, and also picking the same amount against

Published 06 Jul, 2014 12:00am

THE RUPEE: firm trend

The rupee managed to recover modestly against the dollar on the currency market on Saturday, dealers said. The rupee rose by 10-paisa versus the dollar for buying and selling at Rs 98.90 and Rs 99.10 respectively, and also picking the same amount against

Published 06 Jul, 2014 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 06 Jul, 2014 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Jul, 2014 12:00am

EU wheat subdued on US holiday, harvest progress watched

Paris wheat futures were little changed on Friday as a holiday in the United States encouraged the European market to consolidate after hitting its lowest level in nearly five months. November milling wheat on the Paris-based Euronext futures market was u

Published 06 Jul, 2014 12:00am

India's June coal imports highest

India's import of coal and coke rose 12 percent to 18.5 million tonnes in June from a year earlier, according to provisional data from market operator mjunction, indicating weak prices continue to attract buyers even as a local shortage lingers. Asia's th

Published 06 Jul, 2014 12:00am

Romania, Bulgaria may harvest more feed wheat after rain

Romania and Bulgaria's wheat crops are expected to be relatively unscathed by recent rain, although some wheat could be downgraded to feed quality, traders said on Friday. Flooding in Bulgaria and heavy rains in Romania in June raised concerns that crop y

Published 06 Jul, 2014 12:00am

Oil cake market rates

Both the futures were higher on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The July contract closed at Rs 1850.00 and it opened with Rs 8.50 rise at Rs 1858.50 in the early session, they said. The July vaid

Published 06 Jul, 2014 12:00am

Cotton market: mills, spinners resort to cautious buying

Mills and spinners indulged in cautious buying on the cotton market on Saturday in the process of slow trading, dealers said. The official spot rate was unchanged at Rs 6,350, they added. While, the prices of seed cotton from Sindh at Rs 3300 and Rs 3325,

Published 06 Jul, 2014 12:00am

Indian tea prices rise

Average tea prices in India, the world's second-biggest producer, extended gains at this week's auction as buyers scrambled to secure quality leaf. The CTC (crush-tear-curl) grade leaf was sold at 183.34 rupees ($3.07) per kg, up 1.9 percent from the prev

Published 06 Jul, 2014 12:00am

Indian gold swaps to reduce imports

A plan by India's central bank to swap old gold in its vaults for purer metal abroad that it could pledge or sell would have the added benefits of reducing gold imports and easing pressure on the balance of payments. The Reserve Bank of India would sell r

Published 06 Jul, 2014 12:00am

Prices mixed on grain market

Prices moved both ways on the wholesale grain market on Saturday in the process of trading, dealers said. On the cereals side, Khandsari was sharply higher by Rs 500 to Rs 6500, makai low type shed Rs 125 to Rs 2275 and the fine variety was down by Rs 50

Published 06 Jul, 2014 12:00am

Iron ore at highest since May, Chinese mills replenish stockpiles

Spot iron ore prices are headed for a third straight weekly gain after rising to their highest level since late May as Chinese steel mills replenished stockpiles. Brisk gains in prices of spot iron ore cargoes this week point to a market in recovery after

Published 06 Jul, 2014 12:00am

Palm oil on European vegoil market lower

Palm oil on the European vegetable oils market eased slightly on Friday because of weaker Malaysian palm oil futures. "The firm ringgit made palm oil more expensive for players holding other currencies, but it weighed on palm oil futures because of worrie

Published 06 Jul, 2014 12:00am

China's weekly state corn sales up

China's state corn sales picked up this week after Beijing, for the first time this year, offered from its reserves some grain it had imported from the United States in 2011 and 2012. The government sold 1,559,340 tonnes of corn, or 31 percent of the offe

Published 06 Jul, 2014 12:00am

US Midwest corn, soya bids mostly steady

Spot corn and soya basis bids held mostly steady around the US Midwest in light pre-holiday trade on Thursday while Chicago Board of Trade corn and soya futures ended weaker, dealers said. Some western Iowa farmers chose to sale corn through a "basis-only

Published 06 Jul, 2014 12:00am

Heavy rains cut access to cocoa grower to Ivory Coast's port

Road damage caused by weeks of heavy rainfall is hampering access to top cocoa grower Ivory Coast's port of San Pedro, threatening to cause congestion at the port Abidjan as it moves to take up the slack, exporters said on Friday. Located in the west near

Published 06 Jul, 2014 12:00am

Asian naphtha crack lower

The Asian naphtha crack ended 2.2 percent lower on Friday at $149.30 a tonne after hitting a five-week high in the previous session due to limited spot barrels in the market. But traders said the market was not expected to stay strong for long as it usual

Published 06 Jul, 2014 12:00am

Cocoa futures surge to three-year high in Europe's cocoa market

A rise in cocoa futures to around three-year highs this week has reduced industry purchasing in Europe's cash cocoa market, traders said on Friday. "I think industry is running down its inventories rather than purchase at current high prices," one Europea

Published 06 Jul, 2014 12:00am

Demand for gold jewellery and bars subdued in Asian markets

Demand for gold jewellery and bars in top consumer Asia continued to be lacklustre as metal prices were on course for a fifth weekly gain, and bullion dealers said buying will remain sluggish over the course of the summer. Prices in China, the No 1 consum

Published 06 Jul, 2014 12:00am

US natural gas futures down two percent

US natural gas futures lost about 2 percent on Wednesday on expectations for another big storage build and weather forecasts calling for heat in the East and West to end over the next day or so. Front-month natural gas futures on the New York Mercantile E

Published 06 Jul, 2014 12:00am

Emerging bond sales surpass $260 billion in first half 2014

Emerging market borrowers sold over $260 billion worth of bonds in the first half of 2014, outstripping year-ago levels despite geopolitical noise as borrowers rushed to take advantage of lower-than-expected US yields. The hard currency debt market was ha

Published 06 Jul, 2014 12:00am

Emerging bond sales surpass $260 billion in first half 2014

Emerging market borrowers sold over $260 billion worth of bonds in the first half of 2014, outstripping year-ago levels despite geopolitical noise as borrowers rushed to take advantage of lower-than-expected US yields. The hard currency debt market was ha

Published 06 Jul, 2014 12:00am

Bank stocks knock Central European indices

Sinking bank shares knocked Central European stock indices lower on Friday as a profit warning from regional player Erste increased worries over banking health in parts of the region. The warning issued on Thursday came ahead of a Hungarian parliament vot

Published 06 Jul, 2014 12:00am

NYSE to run software tests for trading firms ahead of Alibaba IPO

The New York Stock Exchange said it will hold a test run of Alibaba Group Holding's highly anticipated market debut, reflecting the securities industry's focus on risk controls after a raft of technical snafus in recent years. NYSE, owned by Intercontinen

Published 06 Jul, 2014 12:00am

Stocks the 'only game in town' for British funds

British investment managers raised their exposure to stocks in June and showed an increasing bias towards their home market, where economic fundamentals look comparatively rosy. A monthly Reuters poll of 12 UK-based fund managers and chief investment offi

Published 06 Jul, 2014 12:00am

Stocks the 'only game in town' for British funds

British investment managers raised their exposure to stocks in June and showed an increasing bias towards their home market, where economic fundamentals look comparatively rosy. A monthly Reuters poll of 12 UK-based fund managers and chief investment offi

Published 06 Jul, 2014 12:00am

Railways, financials nudge TSX higher

Canada's main stock index closed flat on Friday, but not far from its record high, as bank, insurer and railroad shares benefited from the likelihood of stronger economic growth in North America. Rising government debt yields also helped the financial sto

Published 06 Jul, 2014 12:00am

Paramount Group eyes mega US real estate IPO

Paramount Group Inc has retained Bank of America Corp to explore strategic alternatives, including an initial public offering that could value the city office property owner at up to $15 billion, according to people familiar with the matter.

Published 06 Jul, 2014 12:00am

European funds' equity holdings highest since March 2011

European fund managers made their highest allocation to equities this month since March 2011, cutting cash positions in a risk-seeking environment, a Reuters survey showed on Monday. Fund managers in the poll put 48.3 percent of their global assets in equ

Published 06 Jul, 2014 12:00am

European funds' equity holdings highest since March 2011

European fund managers made their highest allocation to equities this month since March 2011, cutting cash positions in a risk-seeking environment, a Reuters survey showed on Monday. Fund managers in the poll put 48.3 percent of their global assets in equ

Published 06 Jul, 2014 12:00am

China funds raise suggested equity allocations on looser liquidity

Chinese fund managers said they would raise the proportion of their portfolios invested in stocks over the next three months, marking a bounce from a 21-month low in May as sentiment rose on an expected loosening of liquidity, according to a Reuters poll.

Published 06 Jul, 2014 12:00am

China funds raise suggested equity allocations on looser liquidity

Chinese fund managers said they would raise the proportion of their portfolios invested in stocks over the next three months, marking a bounce from a 21-month low in May as sentiment rose on an expected loosening of liquidity, according to a Reuters poll.

Published 06 Jul, 2014 12:00am

South African stocks to gain four percent by year-end

South Africa's stock market is set to gain 4 percent between now and the end of the year, benefiting from still ample global liquidity and confidence in the outlook for well managed local bluechips, a Reuters poll found. The poll of 10 analysts taken in t

Published 06 Jul, 2014 12:00am

High-yielding eurozone bonds dip

Yields on lower-rated euro zone bonds fell on Friday after the European Central Bank fleshed out the terms of long-term loans it has lined up for banks and said it stood ready to print money if needed. The ECB will give banks the opportunity to borrow up

Published 06 Jul, 2014 12:00am

High-yielding eurozone bonds dip

Yields on lower-rated euro zone bonds fell on Friday after the European Central Bank fleshed out the terms of long-term loans it has lined up for banks and said it stood ready to print money if needed. The ECB will give banks the opportunity to borrow up

Published 06 Jul, 2014 12:00am

Carlyle, TPG's Healthscope listing extends Australian IPO boom

US private equity giants TPG Capital and Carlyle Group aim to raise up to A$2.57 billion ($2.42 billion) by listing Australian hospital operator Healthscope Ltd, in what is shaping up as the country's third-largest initial public offering. The listing of

Published 06 Jul, 2014 12:00am

World investors see rates staying low and put faith in stocks

Global investors put more money into stocks in June favouring the United States and Britain where economic recovery is gathering pace over other developed markets, a Reuters poll showed on Monday. The monthly poll of 51 fund managers and chief investment

Published 06 Jul, 2014 12:00am

Airbus says 'jury still out' on A330neo airshow launch

Airbus Group has not decided whether it will launch its proposed A330neo jet at this month's Farnborough Airshow but is confident about the outlook for plane orders at the gala event, its strategy chief Marwan Lahoud said on Saturday. Airbus has drawn up

Published 06 Jul, 2014 12:00am

Lautschenlaeger does not see bond-buying

European Central Bank executive board member Sabine Lautenschlaeger said she does not see the ECB embarking on a bond-buying spree in the near future, according to a German newspaper report. "I absolutely do not see the purchase of government bonds on the

Published 06 Jul, 2014 12:00am

Lautschenlaeger does not see bond-buying

European Central Bank executive board member Sabine Lautenschlaeger said she does not see the ECB embarking on a bond-buying spree in the near future, according to a German newspaper report. "I absolutely do not see the purchase of government bonds on the

Published 06 Jul, 2014 12:00am

ECB's Noyer says seems deflation risk has been avoided

European Central Bank (ECB) policymaker Christian Noyer said on Saturday it seemed that the risk of deflation had been avoided in euro currency zone, even if inflation remained too low. The euro zone inflation rate held at a rate of 0.5 percent last month

Published 06 Jul, 2014 12:00am

Greece orders striking power employees back to work

Greece's government said Saturday it was ordering striking electricity workers back to their posts to ensure a vital public service, after an Athens court ruled their industrial action "illegal". The demand sought to end a rolling stoppage launched Thursd

Published 06 Jul, 2014 12:00am

Cuba's lawmakers examine faltering economy

Cuba's parliament opened its twice-yearly session on Saturday, with the communist island's faltering economy topping the agenda. President Raul Castro was due to address the proceedings of the National Assembly, which plans to examine why one of the world

Published 06 Jul, 2014 12:00am

Dubai says launching project to build world's biggest mall

Dubai is launching a project to build an entertainment and hotel district that will include the world's largest shopping mall, the emirate's ruler, Sheikh Mohammed bin Rashid al-Maktoum, said on Saturday. Plans for the "Mall of the World" project were ori

Published 06 Jul, 2014 12:00am

Japanese grapes fetch record $5,400

Bridal couples at a Japanese wedding hall will have a special treat at their banquet: a bunch of fresh, juicy grapes that cost a record $5,400. A wedding hall operator bought the Ruby Roman grapes at auction for 550,000 yen ($5,400) on Saturday, the first

Published 06 Jul, 2014 12:00am

Total CEO calls for bigger euro role in oil payments

Oil major Total's chief executive said on Saturday the euro should have a bigger role in international trade although it was not possible to do without the US dollar. Christophe de Margerie was responding to questions about calls by French policymakers to

Published 06 Jul, 2014 12:00am

Argentina will not make holdouts offer on Monday

Argentina will not make a formal offer to settle its dispute with holdout investors in its sovereign debt at its meeting on Monday with a court-appointed mediator, an Argentine daily wrote on Saturday, citing Economy Ministry sources. After a string of ad

Published 06 Jul, 2014 12:00am

Argentina will not make holdouts offer on Monday

Argentina will not make a formal offer to settle its dispute with holdout investors in its sovereign debt at its meeting on Monday with a court-appointed mediator, an Argentine daily wrote on Saturday, citing Economy Ministry sources. After a string of ad

Published 06 Jul, 2014 12:00am

Give 10 percent of profit to poor, Venezuela legislator urges FIFA

Football's governing body FIFA should set an example to the world by giving 10 percent of World Cup profits to the poor, a Venezuelan legislator has said. "It would be stupendous news for the whole planet, which is in such need of good news," William Ojed

Published 06 Jul, 2014 12:00am

Give 10 percent of profit to poor, Venezuela legislator urges FIFA

Football's governing body FIFA should set an example to the world by giving 10 percent of World Cup profits to the poor, a Venezuelan legislator has said. "It would be stupendous news for the whole planet, which is in such need of good news," William Ojed

Published 06 Jul, 2014 12:00am

China to strengthen delisting rules to improve health of stock market

China has issued a draft of new rules to get loss-making companies or those in violation of regulatory practices to delist, in its latest move to improve stock market conditions. The China Securities Regulatory Commission (CSRC) published the draft rules

Published 06 Jul, 2014 12:00am

EU energy chief tells Germany to keep options open on fracking

Europe could eventually get a tenth of its power needs via shale gas fracking, if it can overcome reservations such as those voiced in recommendations from two German cabinet ministers, the European Union's energy commissioner was quoted as saying. Guenth

Published 06 Jul, 2014 12:00am

French households could face catch-up energy payments

French households could face an extra 27 euro ($36.83) catch-up payment to settle their electricity bills after a government cap on prices was annulled, energy minister Segolene Royal was quoted saying. In an interview with Le Parisien newspaper published

Published 06 Jul, 2014 12:00am

Quake hits NE Japan

A 5.7-magnitude quake hit off the coast of north-east Japan Saturday, seismologists said, but there were no immediate reports of damage. The earthquake struck at 7:42 am (2242 GMT Friday) eight kilometres (five miles) east-north-east of the city of Miyako

Published 06 Jul, 2014 12:00am

Skeletons found in El Salvador shed light on pre-Hispanic life

Japanese and Salvadoran archaeologists said Friday they have found three human skeletons in El Salvador from more than 1,600 years ago that could shed new light on early human settlements in the region. The three nearly complete human skeletons, preserved

Published 06 Jul, 2014 12:00am

Argentine 'Dirty War' officers guilty of killing bishop

Two retired military officers were sentenced to life in prison Friday for the murder of a Catholic bishop during Argentina's 1976-1983 dictatorship. Documents in the trial included two letters from the Vatican archives provided by Argentine-born Pope Fran

Published 06 Jul, 2014 12:00am

Three rescued from collapsed Honduras mine

Rescuers on Friday freed three of 11 labourers trapped in a collapsed mine in southern Honduras, two days after the men became trapped. The rescued men, visibly dehydrated and exhausted, were taken to the hospital, according to authorities, who gave no wo

Published 06 Jul, 2014 12:00am

Senegal prime minister sacked

Senegal's president on Friday sacked Prime Minister Aminata Toure, who has only been in power since September, less than a week after her ruling party was beaten in local elections. "Ms Aminata Toure's functions have been terminated," said a decree signed

Published 06 Jul, 2014 12:00am

Indonesia's Widodo rallies supporters ahead of poll

Presidential hopeful Joko Widodo pledged to build a "new history" for Indonesia at a huge campaign rally Saturday, a last push to win votes in a tight election race. Tens of thousands of cheering supporters waved flags emblazoned with pictures of Widodo,

Published 06 Jul, 2014 12:00am

Mob burns school in riot-hit Myanmar city

Muslims in Myanmar's second-largest city accused police on Saturday of standing by as a Buddhist mob went on a rampage, torching a school and other buildings. Angry mourners, some carrying crude weapons, rioted in Mandalay after the funeral of a 36-year-o

Published 06 Jul, 2014 12:00am

Mexico finds radioactive load from stolen truck

Mexican authorities on Friday found a load of dangerous radioactive material that was in a stolen pick-up, a top civil protection official said. The load of iridium 192 was found abandoned on a street a few miles from where the truck was stolen in the ind

Published 06 Jul, 2014 12:00am

Weakened Tropical Storm Arthur heads to Canada

Tropical Storm Arthur rapidly lost strength Saturday as it headed off the far north-eastern US coast towards Canada, causing less damage than feared in the United States. Arthur, downgraded from a category one hurricane at 0900 GMT, lashed New England and

Published 06 Jul, 2014 12:00am

Ugandan army kills former rebels in Central Africa mix-up

Ugandan troops have killed at least 15 former rebels from the Central African Republic after mistaking them for fighters of the notorious Lord's Resistance Army, police said Friday. "Fifteen ex-Seleka members were killed in a clash with the Ugandan army i

Published 06 Jul, 2014 12:00am

Algeria president in first public show since April poll

Algeria's ailing President Abdelaziz Bouteflika took part in independence celebrations and appeared in public Saturday for the first time since he was sworn in for a fourth term in April. State television showed Bouteflika, 77, a former officer in the Nat

Published 06 Jul, 2014 12:00am

Afghan presidential candidate rules out coalition deal

Afghan presidential candidate Ashraf Ghani ruled out a coalition government with his rival Abdullah Abdullah on Saturday, quashing hopes for a power-sharing deal to defuse tensions that have threatened to split Afghanistan along ethnic lines. Ghani and Ab

Published 06 Jul, 2014 12:00am

Ukrainian Orthodox Church leader dies

The head of Ukraine's Moscow-linked parish of the Orthodox Church died Saturday, the ex-Soviet country's largest Church said. Metropolitan Volodymyr - the leader of the Ukrainian Orthodox Church under the Moscow Patriachate - passed away in a Kiev clinic

Published 06 Jul, 2014 12:00am

Guinea-Bissau gets new government

Guinea-Bissau's prime minister Domingos Simoes Pereira presented his new government Friday, less than two weeks after the president vowed to fight poverty and bring stability to the impoverished West African nation. Pereira's 16-minister cabinet is domina

Published 06 Jul, 2014 12:00am

Yemeni air force bombs Shia rebels after ceasefire collapses

The Yemeni air force bombed Shia Muslim fighters north of Sanaa on Saturday in fighting that caused "a large number of casualties", local officials said, after a truce reached last month between the insurgents and government forces collapsed. The fighting

Published 06 Jul, 2014 12:00am

11 die in plane crash at Poland parachute club

Eleven people were killed and one person is seriously injured after a plane crashed at a parachute club close to Czestochowa, in the south of Poland, a spokeswoman for the emergency services said. "Twelve people were on board the plane and the only surviv

Published 06 Jul, 2014 12:00am

India nurses return from Iraq to emotional welcome

A group of 46 Indian nurses held "against their will" in a part of Iraq seized by Islamic militants returned home on Saturday to an emotional reunion with their families. The relatives, clutching bouquets and hoisting "Welcome Home" banners, thronged the

Published 06 Jul, 2014 12:00am

Allawi warns risk of Iraq's dismemberment unless Maliki goes

Former Iraqi prime minister Iyad Allawi called on incumbent Nuri al-Maliki on Saturday to give up his bid for a third term in power or risk the dismemberment of Iraq. Maliki on Friday rejected a chorus of such calls since militants of a group now calling

Published 06 Jul, 2014 12:00am

At least five killed in attacks in Mogadishu

Five soldiers and police were killed in the Somali capital on Saturday and a dozen others were wounded in bomb and gun attacks by Islamist militants, police and witnesses said. Al Shabaab fighters, who have threatened to step up attacks during the Muslim

Published 06 Jul, 2014 12:00am

Suicide bomber kills five outside northeast Nigeria mosque

A suicide bomber targeting worshippers at a mosque in a remote village in northeast Nigeria killed five people and wounded dozens, a security source said on Saturday, in an area where Islamist insurgents are mounting attacks almost daily. The source, who

Published 06 Jul, 2014 12:00am

New Irish Labour leader made deputy Prime Minister

Joan Burton was on Friday elected leader of the Labour Party, the junior partner in Ireland's coalition government, and was swiftly installed as the country's deputy prime minister. Eamon Gilmore, the previous Labour leader and deputy PM, stepped down fro

Published 06 Jul, 2014 12:00am

China's top graft-buster says no off limits in probes

No part of China's ruling Communist Party is off limits for its crackdown on corruption, the country's top graft buster was quoted as saying, sounding a warning a few days after the one of the country's most senior former soldiers was purged. The party th

Published 06 Jul, 2014 12:00am

Turkey Prime Minister vows to strengthen presidency as kicks off campaign

Turkish Prime Minister Recep Tayyip Erdogan kicked off his presidential campaign on Saturday by promising to transform the role into a more powerful position if he wins the August polls. "We are taking the first step of a new beginning", he told thousands

Published 06 Jul, 2014 12:00am

Egyptian court sentences Brotherhood leader, 36 Islamists to life

An Egyptian court sentenced Muslim Brotherhood leader Mohamed Badie and 36 other Islamists to life in prison Saturday, and confirmed death sentences for 10 others, most of them on the run. Badie, convicted of involvement in deadly protests, had already re

Published 06 Jul, 2014 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 9	278.65
USD PKR Interbank Buying / Jan 9	278.45
USD to Japanese Yen / Jan 9	158.14
USD to Swiss Franc / Jan 9	0.91
Pound Sterling to USD / Jan 9	1.23
Euro to USD / Jan 9	1.03

Stock	Volume
S&P 500 / Jan 8	5,918.25
Nasdaq / Jan 8	19,478.88
Dow Jones / Jan 8	42,635.20
India Sensex / Jan 9	77,704.13
Tokyo Nikkei / Jan 9	39,516.87
Hang Seng / Jan 9	19,288.79
FTSE 100 / Jan 9	8,263.49
Germany DAX 30 / Jan 9	20,277.66

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 8	18,285
Gold 10 Grams PKR / Jan 8	237,483
Petrol/Litre / Jan 9	252.66
Crude Oil USD/Barrel / Jan 9	73.16
Gold Spot USD/Ounce / Jan 9	2,659.11
Diesel/Litre / Jan 9	258.34

Stock	Price
Next Capital / Jan 9 Next Capital Limited(NEXT)	10.49 ▲ 1.00 (10.54%)
Dadex Eternit / Jan 9 Dadex Eternit Limited(DADX)	64 ▲ 5.82 (10.00%)
Dawood Lawrencepur / Jan 9 Dawood Lawrencepur Limited(DLL)	325.73 ▲ 29.61 (10.00%)
D.M. Textile / Jan 9 D.M. Textile Mills Limited(DMTX)	66.64 ▲ 6.06 (10.00%)
JDW Sugar / Jan 9 JDW Sugar Mills Limited(JDWS)	995.45 ▲ 90.50 (10.00%)
Apna Microfin. / Jan 9 Apna Microfinance Bank Limited(AMBL)	11 ▲ 0.99 (9.89%)
Baba Farid Sugar / Jan 9 Baba Farid Sugar Mills Limited(BAFS)	48 ▲ 3.90 (8.84%)
Matco Foods Ltd / Jan 9 Matco Foods Limited(MFL)	48.05 ▲ 3.86 (8.74%)
Premier Sugar / Jan 9 The Premier Sugar Mills(PMRS)	439.90 ▲ 34.90 (8.62%)

Stock	Price
Cresent Jute / Jan 9 Crescent Jute Products Limited(CJPL)	4.80 ▼ -0.59 (-10.95%)
F.Credit & Inv / Jan 9 First Credit and Investment Bank Limited(FCIBL)	6.85 ▼ -0.79 (-10.34%)
Ali Asghar / Jan 9 Ali Asghar Textile Mills Limited(AATM)	70.94 ▼ -7.88 (-10.00%)
Liven Pharma / Jan 9 Liven Pharma Limited(LIVEN)	160.68 ▼ -17.85 (-10.00%)
Suhail Jute / Jan 9 Suhail Jute Mills Limited(SUHJ)	140.74 ▼ -15.64 (-10.00%)
Frontier Ceram / Jan 9 Frontier Ceramics Limited(FRCL)	21.81 ▼ -2.42 (-9.99%)
MCB Invest. Managmt. / Jan 9 MCB Investment Management Limited(MCBIM)	61 ▼ -6.63 (-9.80%)
Khyber Textile / Jan 9 Khyber Textile Mills Limited(KHYT)	495 ▼ -52.79 (-9.64%)
Aisha Steel(ConPS) / Jan 9 Aisha Steel(ConPS)(ASLPS)	12.20 ▼ -1.30 (-9.63%)

Stock	Volume
WorldCall Telecom / Jan 9 Worldcall Telecom Limited(WTL)	520,199,852 ▲ 0.01
Cnergyico PK / Jan 9 Cnergyico PK Limited(CNERGY)	41,301,063 ▼ -0.30
K-Electric Ltd. / Jan 9 K-Electric Limited(KEL)	35,108,772 ▼ -0.14
Fauji Foods Ltd / Jan 9 Fauji Foods Limited(FFL)	34,830,810 ▼ -0.97
Sui South Gas / Jan 9 Sui Southern Gas Company Limited(SSGC)	27,158,451 ▼ -1.39
Pak Refinery / Jan 9 Pakistan Refinery Limited(PRL)	24,532,091 ▼ -1.14
Pak Elektron / Jan 9 Pak Elektron Limited(PAEL)	20,975,351 ▼ -0.27
B.O.Punjab / Jan 9 The Bank of Punjab(BOP)	19,667,050 ▼ -0.02
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