News Archives for Print - 2014-11-01

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Petroleum products'' prices slashed: government takes populist route to survival

Prime Minister Nawaz Sharif has announced a reduction of Rs 9.43 per litre in the price of petrol following a reduction in the international price of petroleum products and constituted a committee to ascertain whether Rs 65 billion reduction in circular d

Published 01 Nov, 2014 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Petroleum products' prices slashed: government takes populist route to survival

Prime Minister Nawaz Sharif has announced a reduction of Rs 9.43 per litre in the price of petrol following a reduction in the international price of petroleum products and constituted a committee to ascertain whether Rs 65 billion reduction in circular d

Published 01 Nov, 2014 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Petroleum products' prices slashed: government takes populist route to survival

Prime Minister Nawaz Sharif has announced a reduction of Rs 9.43 per litre in the price of petrol following a reduction in the international price of petroleum products and constituted a committee to ascertain whether Rs 65 billion reduction in circular d

Published 01 Nov, 2014 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

China hails moot on Afghanistan

China on Friday hailed an international conference on Afghanistan that it said agreed to launch dozens of programmes to boost development and help the country maintain peace as foreign forces draw down. Chinese foreign minister Wang Yi said that under a "

Published 01 Nov, 2014 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

China hails moot on Afghanistan

China on Friday hailed an international conference on Afghanistan that it said agreed to launch dozens of programmes to boost development and help the country maintain peace as foreign forces draw down. Chinese foreign minister Wang Yi said that under a "

Published 01 Nov, 2014 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

China hails moot on Afghanistan

China on Friday hailed an international conference on Afghanistan that it said agreed to launch dozens of programmes to boost development and help the country maintain peace as foreign forces draw down. Chinese foreign minister Wang Yi said that under a "

Published 01 Nov, 2014 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Libor

Gadani Power Park: six companies submit EoIs

Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &

Published 01 Nov, 2014 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Libor

Gadani Power Park: six companies submit EoIs

Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &

Published 01 Nov, 2014 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Libor

Gadani Power Park: six companies submit EoIs

Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &

Published 01 Nov, 2014 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Wapda: nearly 300 cases of financial malfeasance detected

Auditor General of Pakistan (AGP) has detected 289 cases of financial indiscipline, embezzlement, miscalculation, weak internal control system and overpayment amounting to Rs 947.5 billion in Water and Power Development Authority (Wapda) which deals with

Published 01 Nov, 2014 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Wapda: nearly 300 cases of financial malfeasance detected

Auditor General of Pakistan (AGP) has detected 289 cases of financial indiscipline, embezzlement, miscalculation, weak internal control system and overpayment amounting to Rs 947.5 billion in Water and Power Development Authority (Wapda) which deals with

Published 01 Nov, 2014 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

Wapda: nearly 300 cases of financial malfeasance detected

Auditor General of Pakistan (AGP) has detected 289 cases of financial indiscipline, embezzlement, miscalculation, weak internal control system and overpayment amounting to Rs 947.5 billion in Water and Power Development Authority (Wapda) which deals with

Published 01 Nov, 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 01 Nov, 2014 12:00am

NSS: investment target missed: AGP''''''''s report

The Auditor General of Pakistan (AGP) has confirmed that National Savings Schemes missed the investment target by fetching Rs 1024.25 billion against the target of Rs 1025.19 billion during the financial year 2012-13. The Central Directorate of National S

Published 01 Nov, 2014 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October 31, 2014).

Published 01 Nov, 2014 12:00am

NSS: investment target missed: AGP''''s report

The Auditor General of Pakistan (AGP) has confirmed that National Savings Schemes missed the investment target by fetching Rs 1024.25 billion against the target of Rs 1025.19 billion during the financial year 2012-13. The Central Directorate of National S

Published 01 Nov, 2014 12:00am

MasterCard profit beats driven by international business

MasterCard Inc reported a better-than-expected 15.5 percent jump in quarterly profit as efforts to expand its international business pay off, with more people willing to use cards instead of cash. China's decision to open up its $1 trillion a year domesti

Published 01 Nov, 2014 12:00am

LSE holidays

Lahore Stock Exchange shall remain closed from Monday (November 3) to Tuesday (November 4) on account of Ashura (9th & 10th Muharram-ul-Harram 1436 A H), says a circular issued here on Friday.

Published 01 Nov, 2014 12:00am

Punjab government to recruit 393 teachers in Attock

The Punjab Government will soon induct about 393 teachers in Attock district on merit basis. This was stated by Executive Director Officer (EDO) Qazi Zahoor Hussian here on Friday, while talking to newsman.

Published 01 Nov, 2014 12:00am

EPZA chief for improved working relationship with investors

Aftab Anwar Baloch, Chairman EPZA held an introductory meeting with a group of top investors operating from Karachi Export Processing Zone so as to know the issues and resolve the same. The representatives of the companies included Beltexco Ltd, YKK Pakis

Published 01 Nov, 2014 12:00am

ISIS threat reaches Pakistan: Altaf

Muttahida Qaumi Movement (MQM) chief Altaf Hussain said on Friday that the militant group "Islamic State of Iraq and Syria" has entered Pakistan, adding that it is more dangerous than Taliban and al Qaeda. MQM chief said that a large number of Taliban are

Published 01 Nov, 2014 12:00am

TTP city chief, suspected suicide bomber killed in 'encounter'

City police claimed to have foiled a terror attack and killed three terrorists, including a would-be suicide bomber, in an encounter, here on Friday. According to SSP-Malir, Rao Anwar, a suicide bomber and Tehreek-i-Taliban Pakistan (TTP) Karachi chapter'

Published 01 Nov, 2014 12:00am

4 more killed in Karachi

Four persons were killed and another injured in separate incidents of violence in the city, here on Friday. According to police and rescue sources, one, Rahim, allegedly killed his father-in-law Nazeer in Ayub Goth area and managed to flee. The motive beh

Published 01 Nov, 2014 12:00am

UK-based Pakistani fashion entrepreneur honoured

Ayesha Mustafa, a Pakistani fashion entrepreneur based in Britain has been named one of the hundred women from around the world in the BBC 100 Women for the Year 2014. The conference aims to promote women who have made a difference in the world through va

Published 01 Nov, 2014 12:00am

KP IGP suspends SHO, Muharrar

Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has suspended SHO Nizam Pur Bakhtaj Khan and Muharrar Asad Jan on faulty investigation and ordered departmental inquiry against him. According to details a citizen of Nowshera has com

Published 01 Nov, 2014 12:00am

ST share in revenue collection stands at 44 percent: FBR Year Book issued

The revenue collection data for 2013-14 has revealed that the major share of Federal Board of Revenue (FBR) collection goes to sales tax, ie, 44 percent followed by direct taxes 39 percent, customs 11 percent and federal excise duty (FED) 6 percent in 201

Published 01 Nov, 2014 12:00am

Relief activities: SHC directs D&SJs of Thar, Umerkot to conduct inquiry

The Sindh High Court (SHC) on Friday directed district and sessions judges of Tharparkar and Umerkot to conduct inquiry whether proper relief activities are being carried out or not by the federal and provincial government in famine-hit areas and present

Published 01 Nov, 2014 12:00am

'Say No to Corruption': NAB flashes message in cinemas

In line with the directions of the Chairman National Accountability Bureau (NAB), Qamar Zaman Chaudhry, the NAB on Friday under its awareness & prevention program has started flashing public service message for the awareness of general public initially in

Published 01 Nov, 2014 12:00am

FBR receives 200,000 tax returns

The Federal Board of Revenue (FBR) has so far received around two lakh income tax returns and statements till October 31, 2014. Sources told Business Recorder here on Friday that the number of return filers would further increase in coming days kee

Published 01 Nov, 2014 12:00am

Sit-ins caused heavy loss to economy: Dr Kirmani

Political Secretary to Prime Minister Dr Asif Kirmani in a statement has said that sit-ins have caused massive loss to country's economy. He said Prime Minister and his team had again started process of revival of the economy with new spirit and determina

Published 01 Nov, 2014 12:00am

Importers of motorcycle spare parts meet KCCI chief

President of Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Vohra, has assured representatives of All Pakistan Motorcycle Spare Parts Importers and Dealers Association (MSPIDA) that the chamber will take up the issue of higher customs dut

Published 01 Nov, 2014 12:00am

LG Electronics: Record smartphone shipments boost quarterly earnings

LG Electronics (LG) announced unaudited third quarter consolidated revenues of KRW 14.92 trillion (USD 14.54 billion), an increase of 7.4 percent year-over-year, and operating profit of KRW 461.3 billion (USD 449.61 million), more than double the figure f

Published 01 Nov, 2014 12:00am

LG Electronics: Record smartphone shipments boost quarterly earnings

LG Electronics (LG) announced unaudited third quarter consolidated revenues of KRW 14.92 trillion (USD 14.54 billion), an increase of 7.4 percent year-over-year, and operating profit of KRW 461.3 billion (USD 449.61 million), more than double the figure f

Published 01 Nov, 2014 12:00am

PTI's November 30 rally to wipe out corrupt rulers: Imran

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Friday declared that his party's November 30 rally in Islamabad would be the last nail in the coffin of the rulers. Addressing the sit-in participants at D-Chowk, he kept his fingers crossed, saying "a

Published 01 Nov, 2014 12:00am

Morinaga Milk Industry chief visits Pakistan

ICI Pakistan and NutriCo Pakistan Pvt Ltd hosted a delegation from Japan led by Akira Ohno, Chairman of Japan's Morinaga Milk Industry Co Limited. During the visit, Ohno accompanied by Messrs Sohail Tabba, Chairman, ICI Pakistan, Asif Jooma, CE, ICI Pakis

Published 01 Nov, 2014 12:00am

WWF-P organises final stage of spelling competition

World Wide Fund for Nature-Pakistan (WWF-P) has organised final stage of Spellathon with The Educators here on Friday. Participating students from several school campuses of The Educators in Lahore and nearby cities, qualified for the final round of the s

Published 01 Nov, 2014 12:00am

SHO, Mepco officials: D&SJ Multan issues notices

D&SJ Multan Bahadar Ali Khan has issued a show cause notice to Gulgasht SHO for showing reluctance to register criminal case against officials of Multan Electric Power Company and not submitting a report before the court on Friday. The D&SJ also issued su

Published 01 Nov, 2014 12:00am

Super 3G: Zong celebrates milestone

Zong, a subsidiary of China Mobile Communications Corporation (CMCC) and Pakistan's first and only 4G mobile service, on Thursday celebrated crossing one million 'Super 3G' customers, a milestone it achieved last month, at an event in Lahore. The company

Published 01 Nov, 2014 12:00am

Goodwill gesture: 29 illegal Afghans handed over to Afghanistan

29 Afghan Nationals who were in custody of Pakistani security forces on Friday were handed over to Afghanistan at Ghulam Khan on Pak-Afghan border as good will gesture. According to a press release of ISPR, these Afghans were apprehended during Operation

Published 01 Nov, 2014 12:00am

July-October: FBR collects provisional revenue of Rs 724 billion

The Federal Board of Revenue (FBR) has provisionally collected Rs 724 billion during July-October (2014-15) against Rs 637 billion in corresponding period of 2013-14, reflecting a growth of 14 percent. Sources told Business Recorder here on Friday

Published 01 Nov, 2014 12:00am

ASLP delegates hold talks with UAF vice chancellor

"Third phase of Australian-Pakistan Agricultural Sector Linkage Programme (ASLP) will strengthen agricultural and dairy sector and to ensure food security in the county." This was stated by ASLP delegates Dr Sandra Mustafa from University of Canberra, Aus

Published 01 Nov, 2014 12:00am

Iran's rights record under fire at UN

Iran faced harsh criticism of its rights record Friday, with UN diplomats highlighting soaring numbers of executions and lamenting the recent hanging of a woman who murdered her attempted rapist. But Iran hit back at the criticism, instead slamming countr

Published 01 Nov, 2014 12:00am

Kerry, Zarif to hold nuclear talks in Oman

US Secretary of State John Kerry and Iran's foreign minister will hold nuclear talks in Oman on around November 10, the Austria Press Agency reported Friday. The meeting between Kerry and Mohammad Javad Zarif comes ahead of a final round of talks between

Published 01 Nov, 2014 12:00am

Hungary's Orban shelves Internet tax after demonstrations

Hungary's prime minister on Friday shelved plans to introduce an Internet tax that had sparked major demonstrations and further concerns about civil liberties in the EU member state. Proposed changes to the tax code that would have imposed a new levy on o

Published 01 Nov, 2014 12:00am

Burkina's President ousted

Burkina Faso's embattled President Blaise Compaore announced on Friday that he was stepping down to make way for elections after a violent uprising against his 27-year rule. His resignation came as tens of thousands of protesters demanded that he quit imm

Published 01 Nov, 2014 12:00am

Pirate Bay co-founder jailed in Denmark

The Swedish co-founder of file-sharing website The Pirate Bay was sentenced to three years and six months in jail Friday in the largest hacking case in Denmark's history. Gottfrid Svartholm Warg, 30, was sentenced at a Copenhagen district court a day afte

Published 01 Nov, 2014 12:00am

UN sets up panel to rethink peacekeeping

UN chief Ban Ki-moon on Friday appointed a blue-ribbon panel to recommend changes to international peacekeeping in the face of increasingly complex and dangerous conflicts. The independent panel, chaired by former East Timor president Jose Ramos-Horta, in

Published 01 Nov, 2014 12:00am

Modi stokes Sikh massacre row as India pays tribute to Gandhi

India's Premier Narendra Modi Friday called the massacre of Sikhs after former prime minister Indira Gandhi's 1984 assassination a "dagger" blow to national unity, as his government snubbed a ceremony marking the anniversary of her death. Modi's statement

Published 01 Nov, 2014 12:00am

Mike Tyson says he was sexually abused as a child

Former heavyweight champion Mike Tyson was sexually abused when he was seven years old by a stranger on the street, he told US radio. The 48-year-old former boxer said an adult male grabbed him. "He bullied me, sexually abused me and stuff... snatched me

Published 01 Nov, 2014 12:00am

Triple bombing at north Nigeria bus station leaves 8 dead

A triple bombing at a bus station in north Nigeria during Friday morning rush hour killed at least eight people and injured 41 others, as hopes of a cease-fire with Boko Haram appeared to suffer another blow. It is not clear if the Islamist militants were

Published 01 Nov, 2014 12:00am

Italy swears in new foreign minister Paolo Gentiloni

Italy's former communications minister Paolo Gentiloni has been sworn in as foreign minister, the President's office said Friday. Gentiloni, a member of Prime Minister Matteo Renzi's centre-left Democratic Party (PD), replaces Federica Mogherini, who was

Published 01 Nov, 2014 12:00am

Britain repays Churchill bonds for debt from 18th century

Britain on Friday said it was paying back bonds issued by then finance minister Winston Churchill to cover debts from World War I, as well as the Napoleonic and Crimean campaigns. The "4% Consolidated Loan" bonds came out in 1927, partly to refinance Nati

Published 01 Nov, 2014 12:00am

Britain repays Churchill bonds for debt from 18th century

Britain on Friday said it was paying back bonds issued by then finance minister Winston Churchill to cover debts from World War I, as well as the Napoleonic and Crimean campaigns. The "4% Consolidated Loan" bonds came out in 1927, partly to refinance Nati

Published 01 Nov, 2014 12:00am

Ukraine's Poroshenko taps Yatsenyuk for Prime Minister after Russian gas deal

Ukraine's President Petro Poroshenko backed rival Arseniy Yatsenyuk as future premier Friday, to "unite" the country after it secured a deal with Moscow on future gas supplies. However Kiev seemed helpless in the face of next Sunday's elections organised

Published 01 Nov, 2014 12:00am

Peshmerga leave Turkish restaurant 'without paying bill'

They came, they saw and they left, purportedly, without paying the bill. Amid confusion over the plans of the Iraqi Kurdish peshmerga fighters set to cross from Turkey to fight jihadists in Kobane, one contingent ate a full meal in a Turkish restaurant wi

Published 01 Nov, 2014 12:00am

Foreign jihadists flock to IS despite air strikes

The Islamic State group is recruiting foreign jihadists on an "unprecedented scale" despite international efforts to stem the tide, according to experts and extracts of a UN report published by Britain's Guardian newspaper. Latest US figures show that aro

Published 01 Nov, 2014 12:00am

Iraqi forces enter jihadist-held town

Iraqi forces on Friday attacked the strategic jihadist-held town of Baiji, which has been out of government control for months, regaining control of two areas, army officers said. They "entered the town of Baiji... and moved into Al-Sinai and Al-Tamim nei

Published 01 Nov, 2014 12:00am

PCB names women's tournament after Malala

On the initiative of the Pakistan Cricket Board (PCB) Chairman, Shaharyar Mohammad Khan, the PCB has decided to honour Malala Yousafzai, Pakistan's young Nobel laureate for peace 2014, by naming its inaugural Under-21 National Women Cricket Championship 2

Published 01 Nov, 2014 12:00am

World-leading goal-machine exits with a win

Singapore striking great Aleksandar Duric fittingly signed off with a win on Friday as he brought one of world football's most prolific careers to a halt at the age of 44. Duric provided the assist for the second goal as Tampines Rovers beat DPMM Brunei 2

Published 01 Nov, 2014 12:00am

Younis hits epic double-ton as Pakistan pile agony on Australia

Australia were left with a daunting task to save the second Test and series after Younis Khan hit an epic double hundred to put Pakistan in command on Friday. Younis notched a memorable 213 for his fifth double hundred to steer Pakistan to 570-6 declared

Published 01 Nov, 2014 12:00am

Prolific Younis wants to be remembered as 'team man'

Team-man not greatness is what Younis Khan wants to be remembered in Pakistan's cricket history after his epic double hundred in the second Test against Australia in Abu Dhabi on Friday. Younis completed his 8,000 Test runs during the knock, third behind

Published 01 Nov, 2014 12:00am

FIFA sorry for Crimea video blunder

FIFA has apologised for an embarrassing diplomatic faux-pas when its video launching the 2018 World Cup logo portrayed the Crimean peninsula as part of Russia. The disputed clip was beamed on to the facade of Russia's historic Bolshoi Theatre at the offic

Published 01 Nov, 2014 12:00am

Zidane cleared to coach

Zinedine Zidane has been cleared to continue coaching Real Madrid's reserve side while the Spanish Court of Arbitration for Sport (TAD) considers his club's appeal against a three-month ban, Real said Friday. On Monday, Zidane was banned for three months

Published 01 Nov, 2014 12:00am

Aussie journeyman misses visits to Pakistan

The man regarded as Australia's foremost cricket fan has spoken of how he misses trips to Pakistan and wants to see the country back on the international circuit. Luke Gallian, who believes he is the only fan who has watched cricket in every Test-playing

Published 01 Nov, 2014 12:00am

Berdych reaches Paris semis and London finale

Tomas Berdych guaranteed his place at the season-ending World Tour finals for the fifth straight year on Friday as he defeated South African Kevin Anderson to reach the semi-finals of the Paris Masters. The Czech number one, who won the Bercy tournament o

Published 01 Nov, 2014 12:00am

Petkovic into Sofia semis, Makarova pulls out

German fourth seed Andrea Petkovic defeated second-seeded Slovakian Dominika Cibulkova 7-5, 6-3 on Thursday to become the first player to qualify for the semi-finals of the WTA Tournament Of Champions. Petkovic trailed 3-1 in both sets but hit back on bot

Published 01 Nov, 2014 12:00am

Keshi re-appointed as Nigeria coach

Stephen Keshi has been re-appointed as coach of African champions Nigeria despite being sacked earlier this month, in the latest twist in a long-running battle for control of the country's football federation. Keshi led the Super Eagles to the African tit

Published 01 Nov, 2014 12:00am

Sterling sinks against dollar

Sterling hit a fresh two-week low against the dollar on Friday after data showed US wages picking up, leaving the pound on track for its fourth straight month of losses - its weakest run since 2009. The US currency was sent rallying on Wednesday after the

Published 01 Nov, 2014 12:00am

Aussie trades in narrow range

The Australian dollar shuffled in a narrow range above 88 US cents on Friday, having bounced off a one-week low overnight as risk appetite improved in the wake of upbeat US growth data. The Aussie dollar last traded at $0.8830, drifting in a slim $0.8816-

Published 01 Nov, 2014 12:00am

Solid US growth supports Asia FX

Most emerging Asian currencies rose on Friday and were set to post monthly gains despite concerns over a possible earlier-than-expected US interest rate increase, after strong growth in the world's top economy supported risk appetite. The rupiah strengthe

Published 01 Nov, 2014 12:00am

Indian rupee higher

The Indian rupee shrugged off weakness in major Asian currencies to post a modest gain Friday on strong foreign inflows, reversing the depreciating trend of the last three days. The rupee rose around 0.7 percent on the month in October tracking easing inf

Published 01 Nov, 2014 12:00am

Dollar extends gains

The dollar on Thursday extended recent gains to a 3-1/2-week high, boosted by unexpectedly strong third-quarter US economic growth and a newly hawkish tone from the Federal Reserve. A US Commerce Department report showed third-quarter gross domestic produ

Published 01 Nov, 2014 12:00am

Early trade in New York: yen slammed to near seven-year low versus dollar

The yen plunged to a near seven-year low against the US dollar on Friday, putting it on track for its worst day in 18 months, after the Bank of Japan shocked financial markets with an aggressive easing of its monetary policy. Ahead of Friday's development

Published 01 Nov, 2014 12:00am

Yen slides to 7-year low in London

The yen tumbled to its lowest level in nearly seven years against the dollar on Friday, putting it on track for its biggest losses in 18 months, after the Bank of Japan shocked markets by unexpectedly easing policy further. In a pre-emptive move to combat

Published 01 Nov, 2014 12:00am

Yen sinks in Asia

The yen tumbled to its lowest level in almost seven years against the dollar on Friday after the Bank of Japan shocked markets by unexpectedly easing policy further, citing mounting risks it would miss its inflation goal. The BOJ raised its monetary base

Published 01 Nov, 2014 12:00am

Russian ruble hits new against dollar

The ruble hit a new record low on Friday, falling to more than 43 rubles to the dollar, despite defensive action by the central bank which raised interest rates a short time earlier. The ruble was trading at 43.03 to the dollar at around 1330 GMT, after s

Published 01 Nov, 2014 12:00am

Banks lead FTSE higher after Japanese stimulus boost

Britain's top equity index surged on Friday, as unexpected monetary stimulus measures in Japan boosted appetite for stocks around the world. Banks such as Barclays and Royal Bank of Scotland led the way for the bluechip FTSE 100 index in terms of percenta

Published 01 Nov, 2014 12:00am

South East Asian stocks gain on Japan's monetary stimulus

Southeast Asian stock markets rose on Friday as steps towards further monetary easing by the Bank of Japan lifted market sentiment. Bank stocks helped Singapore's benchmark touch a one-month high and late buying into large caps boosted shares of Thai PTT

Published 01 Nov, 2014 12:00am

Australia, New Zealand stocks pop higher

Australian shares rose to a seven-week peak, while New Zealand stocks hit a fresh record high on Friday, after encouraging US growth data boosted risk appetite, putting them on track for hefty gains this month. The S&P/ASX 200 index rallied 24 points to 5

Published 01 Nov, 2014 12:00am

European shares post biggest weekly gain of 2014

A key pan-European index posted its biggest weekly gain so far this on Friday after the Bank of Japan surprised global financial markets by ramping up its massive stimulus spending. The FTSEurofirst 300 index of top European shares closed 1.8 percent high

Published 01 Nov, 2014 12:00am

Hong Kong, China shares climb

Hong Kong stocks climbed 1.25 percent Friday, in line with a regional rally, after US data showed the economy growing faster than expected and Japan's central bank ramped up its monetary easing campaign. The Hang Seng Index jumped 296.02 points to 23,998.

Published 01 Nov, 2014 12:00am

Treasury debt prices up

US Treasury debt prices edged higher on Thursday but were off the session's peak as global risk appetite took off amid reports Japanese pension funds are going to buy more domestic equities. A lacklustre US seven-year note auction which sold at a yield th

Published 01 Nov, 2014 12:00am

Treasury debt prices up

US Treasury debt prices edged higher on Thursday but were off the session's peak as global risk appetite took off amid reports Japanese pension funds are going to buy more domestic equities. A lacklustre US seven-year note auction which sold at a yield th

Published 01 Nov, 2014 12:00am

Taiwan stocks up

Taiwan stocks rose 0.2 percent on Friday as market sentiment was buoyed by a rally on Wall Street and better-than-expected economic growth at home, paced by gains of Apple Inc suppliers. About two hours into trade, the main TAIEX index climbed to 8,905.81

Published 01 Nov, 2014 12:00am

Wall Street up on GDP, earnings

US stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports including Visa, which accounted for nearly 140 points in the Dow industrials. Despite the bullish data and the Federal Res

Published 01 Nov, 2014 12:00am

Friday's midday trade: Dow hits record high

The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its years-long package of incentives. The S&P 500 came wi

Published 01 Nov, 2014 12:00am

Nikkei index climbs

Tokyo shares soared 4.83 percent to a seven-year high on Friday after the Bank of Japan ramped up its vast monetary easing programme, sending the yen into freefall. The benchmark Nikkei 225 index surged 755.56 points to 16,413.76, its best close since Nov

Published 01 Nov, 2014 12:00am

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.10
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.33
Euro to USD / May 13	1.12
UK LIBOR % / May 13	4.96

Stock	Volume
S&P 500 / May 13	5,886.55
India Sensex / May 13	81,148.22
Tokyo Nikkei / May 13	37,897.71
Nasdaq / May 13	19,010.09
Hang Seng / May 13	23,441.04
FTSE 100 / May 13	8,602.92
Dow Jones / May 13	42,140.43
Germany DAX 30 / May 13	23,638.56
France CAC40 / May 13	7,873.83

Item	Value
Crude Oil USD/Barrel / May 13	63.36
Karachi Cotton PKR/37.32 KG / May 13	16,985
Gold 10 Grams PKR / May 13	295,096
Gold Spot USD/Ounce / May 13	3,227.76
Cotton US¢/pound / May 13	66.61
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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