News Archives for Print - 2015-02-12

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 10, 2015).

Published 12 Feb, 2015 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 12 Feb, 2015 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

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 Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 10, 2015).

Published 12 Feb, 2015 12:00am

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 12 Feb, 2015 12:00am

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 12 Feb, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 12 Feb, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 12 Feb, 2015 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Feb, 2015 12:00am

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 1.394 billion and the number of lots traded was 9,618. PMEX Commodity Index closed at 2,577. Major business was contributed by crude oil amounting to PKR 990 million followed by gold P

Published 12 Feb, 2015 12:00am

CBOT wheat lower on US, world stocks forecasts

Chicago Board of Trade wheat futures fell 1.5 percent Tuesday after the US Department of Agriculture raised its forecasts of US and world wheat ending stocks above trade expectations, brokers said. USDA in a monthly supply/demand report raised its forecas

Published 12 Feb, 2015 12:00am

US Midwest corn bids firmer

Corn spot basis bids were steady to firmer around the US Midwest on Tuesday in thin trade after US corn futures weakened following key monthly supply data from the US government, grain dealers said. Bids for corn shipped by rail in Indiana and Ohio firmed

Published 12 Feb, 2015 12:00am

US FOB Gulf soya offers up on Chinese demand

US FOB Gulf soyabean offers were marked up 5 cents for February/March loadings after the close, with continued fill-in buying from China ahead of South American shipments and lower CBOT futures supporting the gains, traders said on Tuesday. Corn basis off

Published 12 Feb, 2015 12:00am

Indian chickpea hits six-week high; sugar down

Indian chana, or chickpea, futures extended gains on Wednesday to hit their highest level in six weeks on concerns over production due to a sharp drop in the area under cultivation. As on February 6, farmers had cultivated chana on 8.53 million hectares,

Published 12 Feb, 2015 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 136,689 tonnes of cargo comprising 119,104 tonnes of import cargo and 17,585 tonnes of export cargo including 3,879 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of

Published 12 Feb, 2015 12:00am

Oil cake market rates

The January vaida lower on the forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The January contract closed at Rs 1566.20 on Tuesday, and it commenced the day with a decline of 10 paisa at Rs 1566.10, they said. The

Published 12 Feb, 2015 12:00am

Cotton market: prices rise in line with global trend

Influenced with the recent international trend, the rates of cotton maintained upward journey on the local market on Wednesday, dealers said. The official spot rate extended overnight gains picking up Rs 50 to Rs 4,950, dealers said. In the ready session,

Published 12 Feb, 2015 12:00am

Bangladesh tea prices drop

Tea prices in Bangladesh declined for the second straight week at a weekly auction on Tuesday due to sluggish local demand amid political unrest that disrupted supplies. Bangladesh has been racked by political violence since anti-government protests turne

Published 12 Feb, 2015 12:00am

Declining trend on grain market

Modest trading activity was seen on the wholesale grain market on Wednesday as most of the commodities tended lower due to easy supply position, dealers said. On the cereals side, Masoor Dall Canada low type lost Rs 800 to Rs 10000 while the best quality

Published 12 Feb, 2015 12:00am

Most US firms feel 'targeted' by China: survey

Most US firms in China feel "targeted" by authorities, a survey said Wednesday, as the government embarks on a series of high-profile investigations into foreign businesses. An American Chamber of Commerce survey found 57 percent of respondents believed f

Published 12 Feb, 2015 12:00am

Switzerland slides into deficit on surprise revenue fall

The Swiss government said Wednesday it suffered its first federal budget deficit in nearly a decade last year following a surprise 9 percent drop in key sources of tax revenue. The deficit of 124 million Swiss francs (118.5 million euros or $133.8 million

Published 12 Feb, 2015 12:00am

Kazakhstan rules out fresh currency devaluation

Kazakh President Nursultan Nazarbayev said Wednesday that his country had no plans to repeat last year's shock currency devaluation, as low oil prices and a weak Russian ruble batter the economy. He spoke two days after ratings agency Standard & Poor's do

Published 12 Feb, 2015 12:00am

PepsiCo profit beats estimates; $12 billion buyback planned

PepsiCo Inc on Wednesday reported a higher-than-expected quarterly profit, helped by increased sales at its Frito-Lay snack business, and said it would buy back up to $12 billion in stock by 2018. The company also raised its annual dividend by 7.3 percent

Published 12 Feb, 2015 12:00am

PepsiCo profit beats estimates; $12 billion buyback planned

PepsiCo Inc on Wednesday reported a higher-than-expected quarterly profit, helped by increased sales at its Frito-Lay snack business, and said it would buy back up to $12 billion in stock by 2018. The company also raised its annual dividend by 7.3 percent

Published 12 Feb, 2015 12:00am

Greece in bailout showdown with EU

Greece's new left-wing government went into a showdown with sceptical European partners on Wednesday as it laid out demands to renegotiate its huge bailout at crunch talks in Brussels. Eurozone finance ministers heading into the emergency meeting said the

Published 12 Feb, 2015 12:00am

China's CNR says interested in buying foreign rail technologies

China CNR, one of the country's top trainmakers, said it was interested in buying foreign rail-linked technologies as China seeks to export its high-speed trains and rail expertise. "We are interested in rail-related technologies and have been in touch wi

Published 12 Feb, 2015 12:00am

Kuwait MPs pass $116 billion development plan

Kuwait parliament Wednesday approved a five-year development plan that envisages spending of 34.15 billion dinars ($116 billion/103 billion euros) on projects despite a sharp drop in oil prices. The vote on the plan, which starts in April and ends March 2

Published 12 Feb, 2015 12:00am

Low oil prices won't spur world growth: Moody's

Low oil prices normally help grease the wheels of business and spur global economic growth, but Moody's said Wednesday it would not revise its forecasts for the G20, citing a variety of offsets to the expected windfalls. "For the G20 economies, we expect

Published 12 Feb, 2015 12:00am

China rule change paves way for Vale's mega-ships official entry

China has amended rules around ships it will allow to berth at mainland ports, paving the way for Brazilian miner Vale to ship iron ore in its giant 400,000 deadweight tons (DWT) carriers. Vale's mega ships, the world's biggest bulk ore carriers, have bee

Published 12 Feb, 2015 12:00am

Time Warner profit beats estimates

Time Warner Inc reported a better-than-expected quarterly profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office (HBO) businesses. The company's shares rose 1.2 percent to $81.75 in premarket trading

Published 12 Feb, 2015 12:00am

Time Warner profit beats estimates

Time Warner Inc reported a better-than-expected quarterly profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office (HBO) businesses. The company's shares rose 1.2 percent to $81.75 in premarket trading

Published 12 Feb, 2015 12:00am

45,000 suicides annually linked to unemployment

Around 45,000 suicides each year are attributable to unemployment, according to a survey of 63 countries published in The Lancet Psychiatry on Wednesday. Health watchdogs should regard unemployment as a continuous suicide risk, and not just at times of ec

Published 12 Feb, 2015 12:00am

Telenor weighed down by surging Asian costs

Mobile phone operator Telenor missed fourth quarter profit estimates and expects margins to fall this year amid intense competition in Thailand and as it ramps up spending in Myanmar, sending its shares seven percent lower. In past years Norway's Telenor

Published 12 Feb, 2015 12:00am

Telenor weighed down by surging Asian costs

Mobile phone operator Telenor missed fourth quarter profit estimates and expects margins to fall this year amid intense competition in Thailand and as it ramps up spending in Myanmar, sending its shares seven percent lower. In past years Norway's Telenor

Published 12 Feb, 2015 12:00am

Western Union to cut prices for money transfers within US

Western Union Co said it would cut prices for money transfers within the United States to help fend off fierce competition and would buy back up to $1.2 billion of shares. Shares of the world's largest money transfer company, which also raised its quarter

Published 12 Feb, 2015 12:00am

UBS reports profit hike but warns of Swiss franc pressure

Banking giant UBS on Tuesday said its net profit jumped 12.6 percent last year, but highlighted recent pressures due to the ballooning value of the Swiss franc and negative interest rates. In 2014, the leading Swiss bank reported a net profit of 3.57 bill

Published 12 Feb, 2015 12:00am

UBS reports profit hike but warns of Swiss franc pressure

Banking giant UBS on Tuesday said its net profit jumped 12.6 percent last year, but highlighted recent pressures due to the ballooning value of the Swiss franc and negative interest rates. In 2014, the leading Swiss bank reported a net profit of 3.57 bill

Published 12 Feb, 2015 12:00am

Air Canada loss widens

Air Canada reported a wider fourth quarter net loss on Wednesday as operating costs rose, in part because of the weaker Canadian dollar, and adjusted earnings came in just shy of analysts' expectations. Fuel costs fell to 80.7 cents per litre from 88.4 ce

Published 12 Feb, 2015 12:00am

Air Canada loss widens

Air Canada reported a wider fourth quarter net loss on Wednesday as operating costs rose, in part because of the weaker Canadian dollar, and adjusted earnings came in just shy of analysts' expectations. Fuel costs fell to 80.7 cents per litre from 88.4 ce

Published 12 Feb, 2015 12:00am

AOL sees domestic display revenue declining

AOL Inc said it expected domestic display revenue to decline in the first half of the year, after reporting a lower-than-expected quarterly revenue. Shares of the owner of the Huffington Post news website and the TechCrunch blog fell as much as 14 percent

Published 12 Feb, 2015 12:00am

Thomson Reuters misses EPS forecast, predicts revenue growth

Thomson Reuters Corp on Wednesday reported quarterly earnings that missed analysts forecasts, sending its shares lower even as the news and information company forecast a return to organic revenue growth. Both adjusted fourth quarter profit and revenue mi

Published 12 Feb, 2015 12:00am

Thomson Reuters misses EPS forecast, predicts revenue growth

Thomson Reuters Corp on Wednesday reported quarterly earnings that missed analysts forecasts, sending its shares lower even as the news and information company forecast a return to organic revenue growth. Both adjusted fourth quarter profit and revenue mi

Published 12 Feb, 2015 12:00am

Reckitt Benckiser to cut costs with tough 2015 ahead

British consumer goods maker Reckitt Benckiser Group announced a cost-cutting plan on Wednesday to adapt to markets that have become more competitive in the face of economic uncertainty. Reckitt, which spun off its pharmaceuticals business last year, said

Published 12 Feb, 2015 12:00am

Russian business group woos Japan despite sanctions

A Russian business lobby group made a push Tuesday for Japanese investment as its economy struggles under Western sanctions linked to its role in the Ukraine crisis. Even as the United States and Europe delayed another round of measures while they push a

Published 12 Feb, 2015 12:00am

Most Gulf markets fall as oil retreats

Most Gulf stock markets extended losses on Wednesday as oil prices fell further, but positive news from banks supported Qatar and Oman. Brent crude slipped below $56 per barrel Tuesday on expectations that oversupply in world markets would persist and aft

Published 12 Feb, 2015 12:00am

Portugal yields settle after smooth auction

Portuguese yields shook off an early rise on Wednesday after a smooth debt sale showed Lisbon was insulated, at least for now, from the Greek market turmoil triggered by the new government's anti-bailout stance. Portugal sold 1.25 billion euros in 10-year

Published 12 Feb, 2015 12:00am

Portugal yields settle after smooth auction

Portuguese yields shook off an early rise on Wednesday after a smooth debt sale showed Lisbon was insulated, at least for now, from the Greek market turmoil triggered by the new government's anti-bailout stance. Portugal sold 1.25 billion euros in 10-year

Published 12 Feb, 2015 12:00am

Wednesday's early trade: stocks little changed; Apple lifts Nasdaq

US stocks were little changed on Wednesday as investors looked to a meeting of euro zone finance ministers for clues on the tone of negotiations to deal with Greece's debt crisis. Greek Finance Minister Yanis Varoufakis headed for a showdown at a meeting

Published 12 Feb, 2015 12:00am

Wall Street rises on Greek deal hopes

US stocks rose on Tuesday on hopes that Greek debt negotiations could result in a deal that stabilises Europe although a drop in oil prices limited the advance. S&P 500 utilities and healthcare stocks led the market increase as those sectors bounced back

Published 12 Feb, 2015 12:00am

Hong Kong shares fall

Hong Kong shares finished lower on Wednesday, weighed down by banking stocks as investors worried about the health of China's economy. There was muted response in Hong Kong for the People's Bank of China's pledge late on Tuesday to fight any downturn in t

Published 12 Feb, 2015 12:00am

Ten-year yields touch month high

US Treasury debt prices fell on Tuesday, bumping benchmark 10-year yields above 2 percent for the first time in a month as investors positioned for a probable mid-2015 rate hike by the Federal Reserve and big government bond auctions. Ten-year Treasury no

Published 12 Feb, 2015 12:00am

Ten-year yields touch month high

US Treasury debt prices fell on Tuesday, bumping benchmark 10-year yields above 2 percent for the first time in a month as investors positioned for a probable mid-2015 rate hike by the Federal Reserve and big government bond auctions. Ten-year Treasury no

Published 12 Feb, 2015 12:00am

Sri Lankan shares up

Sri Lankan shares extended their winning streak to five sessions on Wednesday to close at near two-week highs, led by financial stocks, brokers said. The main stock index ended up 0.75 percent, or 54.71 points, at 7,359.41, its highest close since January

Published 12 Feb, 2015 12:00am

South African stocks snap four-day winning run

South African stocks ended a touch lower on Wednesday, breaking a four-day winning streak, with Lonmin topping the decliners' list on Glencore plans to divest its stake in the platinum mining firm. Commodities trader Glencore said it plans to distribute i

Published 12 Feb, 2015 12:00am

Indian shares stay higher

ndian shares rose for a second consecutive session on Wednesday as bluechips such as ICICI Bank Ltd climbed on hopes that Delhi election defeat may prompt faster reforms by the Modi government through the upcoming federal budget. An upstart anti-establish

Published 12 Feb, 2015 12:00am

China stocks rise

China shares rose for a third straight day on Wednesday after the central bank vowed to support economic growth, but trading volume touched a three-month low as many investors see the rebound as short-lived. The People's Bank of China made clear late on T

Published 12 Feb, 2015 12:00am

European shares pegged back by Greek angst

European shares slipped on Wednesday, with investors uneasy over how euro zone ministerial meetings on Greece's debt crisis will pan out, while a fall in UniCredit weighed on bank stocks. Greek Finance Minister Yanis Varoufakis headed for a showdown with

Published 12 Feb, 2015 12:00am

TSX edges higher

Canada's benchmark stock index eked out a small gain on Tuesday, with a broad but shallow rally mostly cancelled out by resources stocks' retreat amid further oil price slips. Oil prices fell after the International Energy Agency earlier said global crude

Published 12 Feb, 2015 12:00am

Southeast Asian markets: Manila, Malaysia underperform in region

Stocks in the Philippines fell for a second straight day on Wednesday as investors awaited the central bank decision on policy interest rate while Malaysian index hit the lowest close in more than a week ahead of fourth-quarter GDP growth data. The Philip

Published 12 Feb, 2015 12:00am

FTSE ends lower on weaker commodity stocks, led down by Tullow

Britain's top equity index fell for a fourth straight session on Wednesday, with commodity shares losing ground after crude oil prices dropped and copper prices trimmed gains. The UK Oil and Gas index fell 0.6 percent after crude dropped 2.3 percent on ex

Published 12 Feb, 2015 12:00am

Sri Lankan rupee steady

The Sri Lankan rupee ended steady on Wednesday in dull trade as the central bank prevented any fall amid importer dollar demand and lack of dollar conversion by exporters, dealers said. The spot currency ended steady at 132.80/133.00 per dollar. On Friday

Published 12 Feb, 2015 12:00am

Dollar rises against yen in Asia

The dollar hit a fresh one-month high versus the yen on Wednesday, bolstered by gains in Treasury yields, while uncertainty over a new debt deal for Greece kept the euro under a cloud. The dollar edged up 0.1 percent to 119.57 yen. As of 0533 GMT, its int

Published 12 Feb, 2015 12:00am

Euro weakens in London, tumbles versus pound

The euro hit a seven-year low against the pound on Wednesday before a euro zone finance ministers' meeting that will discuss Greece, with any failure to find common ground on the country's debt burden likely to see volatile trading. The dollar, meanwhile,

Published 12 Feb, 2015 12:00am

Early trade in New York: euro hits seven-year low against pound

The euro hit a seven-year low against the British pound and fell versus the dollar for a second straight session on Wednesday ahead of the outcome of a euro zone finance ministers' meeting as the region and Greece edged closer to a showdown. Any failure t

Published 12 Feb, 2015 12:00am

Dollar climbs against yen in New York

The dollar climbed to one-month peaks against the yen on Tuesday on the back of broadly higher US Treasury yields, while the euro was weighed down by uncertainty about a new debt deal for Greece. The euro sank below $1.13 in morning trade in Europe, but r

Published 12 Feb, 2015 12:00am

Bangladesh's interbank forex and interest rates

Inter-bank buy/sell rates for the taka against the dollar on Wednesday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 07.00-09.00 percent (Previous 07.00-09.00 percent).

Published 12 Feb, 2015 12:00am

Most emerging Asian currencies slip

Most emerging Asian currencies slipped on Wednesday as US Treasury yields advanced on some Federal Reserve presidents' vocal support for interest rate hikes, while caution prevailed ahead of euro zone meetings on Greece's debt standoff. The South Korean w

Published 12 Feb, 2015 12:00am

Yuan weakens

China's yuan weakened marginally on Wednesday amid concerns that deflationary risks are growing, increasing the need for more policy easing. The People's Bank of China set the midpoint rate at 6.1315 per dollar prior to the market open, weaker than the pr

Published 12 Feb, 2015 12:00am

Sterling touches seven-year high versus euro

Sterling hit its strongest level in seven years against the euro on Wednesday, as investors bet that the Bank of England's inflation report will signal a sooner interest rate hike than markets currently expect. The euro briefly dipped below 74 pence for t

Published 12 Feb, 2015 12:00am

Aussie and New Zealand dollar up

The Australian dollar edged up on Wednesday as domestic data showed strong consumer confidence and a robust housing market, though investors were wary ahead of euro zone meetings over Greece that could test risk appetite. The Australian dollar rose to $0.

Published 12 Feb, 2015 12:00am

Balotelli ends goal drought to sink Spurs, Arsenal go fourth

Mario Balotelli finally scored his first Premier League goal for Liverpool to seal a dramatic 3-2 win over Tottenham, while Arsenal moved up to fourth place with a 2-1 victory against Leicester on Tuesday. Balotelli has endured a miserable time at Anfield

Published 12 Feb, 2015 12:00am

Real Madrid suffer Bernabeu revamp setback

Real Madrid's plans for a multi-million euro redevelopment of their Santiago Bernabeu stadium have suffered a setback after an agreement with the city council was quashed by a Madrid court. The European champions have ambitious plans for the iconic venue

Published 12 Feb, 2015 12:00am

Murray advances in ATP Rotterdam

Andy Murray rebounded nicely from his Australian Open disappointment as the Scot defeated Nicolas Mahut 6-3, 6-2 on Wednesday to reach the second round of the ATP Rotterdam World Tennis event. The world number four who lost the Grand Slam title bid 10 day

Published 12 Feb, 2015 12:00am

New Zealand thrash South Africa, Zimbabwe stun Sri Lanka

New Zealand hammered home their status as World Cup dark horses with an emphatic 134-run warm-up win over South Africa on Wednesday while whipping boys Zimbabwe stunned Sri Lanka by seven wickets. Just three days out from the start of the marathon six-wee

Published 12 Feb, 2015 12:00am

Peng Shuai tumbles out in Pattaya upset

China's top ranked player Peng Shuai tumbled out of the Thailand Pattaya Open in a three set loss to Japan's Misaki Doi, as two-time champion Vera Zvonareva advanced to the third round also at the expense of a Chinese player. Top seeded Peng Shuai, a hot

Published 12 Feb, 2015 12:00am

ICC have idea on who match-fixers are: chief executive

The International Cricket Council had a "far better idea" of the people involved in match-fixing and would do everything in their power to ensure the "sickness" of corruption did not affect the World Cup, Chief Executive Dave Richardson said on Wednesday.

Published 12 Feb, 2015 12:00am

Royal Palm Blues win Team Championship Golf

The Royal Palm Blues emerged as champion in the Team Championship Golf played here at the Royal Palm Golf Course. The golfers of Royal Palm Blues performed well and defeated the Royal Palm Reds with a team score of 12 points earned through outright victor

Published 12 Feb, 2015 12:00am

Clarke in the runs in World Cup warm-up

Michael Clarke gave a pointer to his recovery from recent hamstring surgery with a knock of 64 in Australia's World Cup warm-up game against the United Arab Emirates in Melbourne on Wednesday. Clarke, captaining Australia for the first time since the surg

Published 12 Feb, 2015 12:00am

Misbah leads Pakistan to victory over England

Skipper Misbah-ul-Haq scored a majestic 91 not out to lead Pakistan to a thrilling four-wicket victory over England in their final World Cup warm-up at Sydney Cricket Ground on Wednesday. The 40-year-old notched up five fours and two sixes in his 99-ball

Published 12 Feb, 2015 12:00am

Facebook, partners unveil alliance on cybersecurity

Facebook, Yahoo and other technology firms announced the creation of a "ThreatExchange" to share information to help thwart cyberattacks. "ThreatExchange is built on the existing Facebook platform infrastructure... so that partner companies can query the

Published 12 Feb, 2015 12:00am

Suicide bombers strike Niger town, Chad army kills 13 Boko Haram militants

Two female suicide bombers attacked the Niger frontier town of Diffa on Wednesday, security sources said, shortly after Chad's army said it had killed 13 fighters from the Islamist militant group Boko Haram in the Nigerian town of Gambaru. The violence on

Published 12 Feb, 2015 12:00am

Leader of Belgian militant group sentenced to 12 years

A Belgian court jailed the head of Sharia4Belgium for 12 years on Wednesday, ruling that his Islamist group was a terrorist organisation that brainwashed young men into joining militants in the Middle East. The court handed down the sentence in Belgium's

Published 12 Feb, 2015 12:00am

Canada shuttering key big-lens observatory

Canada is shuttering a critical teaching observatory in eastern North America where the first dark skies reserve was created, its director told AFP on Wednesday. The Observatoire Astronomique du Mont-Mégantic in Quebec province is described by the Royal A

Published 12 Feb, 2015 12:00am

Europe tests spaceplane in push for reusable space technology

An experimental spaceplane successfully returned to Earth on Wednesday after a 100-minute test flight that the European Space Agency (ESA) hopes will pave the way for the continent's first reusable space transportation systems. Reusable spaceplanes that c

Published 12 Feb, 2015 12:00am

No end to Middle East strife without Iran: Rouhani

Iran's president said Wednesday that the world needs its help to stabilise a troubled Middle East, in remarks pointing to the wider ramifications of a deal over Tehran's disputed nuclear programme. In a live televised speech marking the anniversary of the

Published 12 Feb, 2015 12:00am

China's Fosun and partners snap up 92.8 percent of Club Med

Chinese conglomerate Fosun and its partners have snapped up 92.8 percent of French holiday resorts group Club Med, authorities announced Wednesday, closing out a takeover saga that lasted nearly two years. The provisional results announced by France's Fin

Published 12 Feb, 2015 12:00am

Obama asks Congress for Islamic State war powers

US President Barack Obama on Tuesday asked Congress for its backing to fight the Islamic State group without geographical limits, but with curbs on the use of ground forces. Tantamount to a declaration of war, the authority would allow Obama to prosecute

Published 12 Feb, 2015 12:00am

DSK lashes out at court for focus on sexual preferences

Former IMF chief Dominique Strauss-Kahn on Wednesday lashed out at the focus on his sexual behaviour in a French court where he is charged with pimping, saying he was not on trial for "deviant" acts. The 65-year-old, once seen as a frontrunner for the Fre

Published 12 Feb, 2015 12:00am

Ukraine peace talks begin, overshadowed by fighting

The leaders of France, Germany, Russia and Ukraine began peace talks in Belarus on Wednesday, while in Ukraine pro-Moscow separatists tightened the pressure on Kiev by launching some of the war's worst fighting. The Kiev army said 19 of its soldiers were

Published 12 Feb, 2015 12:00am

Palm oil down

Malaysian palm oil futures edged down on Wednesday to a near one-week low as concerns over waning demand from key customers turned investors wary, although official data showing smaller stockpiles in the No 2 grower provided some support. Industry regulat

Published 12 Feb, 2015 12:00am

Spot raw sugar extends premium

Raw sugar futures on ICE steadied on Wednesday, while spread trade dominated dealings before a contract expiry that extended the spot contract's premium at a 2013 high on tight nearby supplies, while cocoa rose to three-week highs. Arabica coffee futures

Published 12 Feb, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
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PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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