News Archives for Print - 2015-03-08

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 07, 2015).

Published 08 Mar, 2015 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (March 07, 2015).

Published 08 Mar, 2015 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 07, 2015).

Published 08 Mar, 2015 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 07, 2015).

Published 08 Mar, 2015 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 07, 2015).

Published 08 Mar, 2015 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (March 07, 2015).

Published 08 Mar, 2015 12:00am

The rupee managed to hold the overnight levels against the dollar for the third day on the local currency market on Saturday, dealers said. The rupee did not show any change in the overnight levels in relation to the dollar for buying and selling at Rs 10

Published 08 Mar, 2015 12:00am

THE RUPEE: Firm trend

The rupee managed to hold the overnight levels against the dollar for the third day on the local currency market on Saturday, dealers said. The rupee did not show any change in the overnight levels in relation to the dollar for buying and selling at Rs 10

Published 08 Mar, 2015 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 (March 07, 2015).

Published 08 Mar, 2015 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (March 07, 2015).

Published 08 Mar, 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 08 Mar, 2015 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (March 07, 2015).

Published 08 Mar, 2015 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 Mar, 2015 12:00am

Ukraine sees higher winter grain losses

Ukrainian winter grain losses could exceed average levels this year due to poor weather last autumn, but a mild winter and spring gives ground for an optimistic forecast for this year's harvest, the agriculture minister said on Monday. "According to our p

Published 08 Mar, 2015 12:00am

Thai government gets bids for 780,000 tonnes of rice

Top exporter Thailand received bids for around 780,000 tonnes of rice out of the 1 million tonnes offered in its latest tender, the Commerce Ministry said on Friday, as the government continues to sell grain to reduce its bulging stockpiles. Thailand buil

Published 08 Mar, 2015 12:00am

Philippine coconut oil exports to stay weaker

Coconut oil exports by the Philippines is expected to remain weak in 2015 due to the lingering impact of typhoons and a pest attack, while a slow pace of replanting means supply will take at least five years to recover. Continued low shipments by the top

Published 08 Mar, 2015 12:00am

Oil cake market rates

Futures turned lower on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The March vaida closed at Rs 1424.70 on Thursday and it commenced with 40 paisa fall at Rs 1424.30 in the morning session, they said. The Ma

Published 08 Mar, 2015 12:00am

Cotton market: delay in sowing may modestly raise rates

Continued rains in Punjab likely to delay early sowing, which may cause increase in the rates modestly, dealers said on the cotton market on Saturday. The official spot rate gave up overnight gains, dropping Rs 50 to 5000, dealers said. In the ready sessi

Published 08 Mar, 2015 12:00am

HRW wheat bids flat

Spot basis bids for hard red winter wheat were unchanged in the southern US Plains on Friday and farmer selling was minimal as K.C. wheat futures hovered near 4-1/2-year lows, grain merchandisers said. At 10:50 am CST (1650 GMT), benchmark K.C. May hard r

Published 08 Mar, 2015 12:00am

Prices weaken on European vegetable oil market

Prices were mostly weaker on the European vegetable oil market on Friday, weighed down by a further setback in CBOT soyaoil futures and a bearish mood at a major conference this week in Malaysia, dealers said. Dealers said dollar-denominated prices were a

Published 08 Mar, 2015 12:00am

Russian grain exports plunge in February

Russia's grain exports in February, including flour and pulses, fell to 1 million tonnes from 2.2 million in January following the introduction of a tax on wheat exports, SovEcon agriculture analysts said in a note. The tax, imposed from February 1, is pa

Published 08 Mar, 2015 12:00am

Lean business on grain market

Slow trading activity was seen on the wholesale grain market on Saturday due to less buying interest among buyers, dealers said. On the rice sector, Irri-6 Sindh low variety was down by Rs 75 to Rs 2825 and the best type was lower by Rs 100 to Rs 2900, ot

Published 08 Mar, 2015 12:00am

Vietnam cuts rice export floor price

Vietnam has reduced the floor price for exports of 25-percent broken rice by nearly 3 percent to $350 a tonne, with domestic prices easing as harvesting peaks amid thin demand, an industry body said. The floor, set by the Ho Chi Minh City-based Vietnam Fo

Published 08 Mar, 2015 12:00am

Fair weather to help EU spring barley sowing

Dry and sunny weather in western Europe this week could help accelerate the sowing of spring barley after heavy rain last month, analysts said. Favourable weather may help maintain the spring barley area at least at last year's level, although relatively

Published 08 Mar, 2015 12:00am

US natural gas futures flat on steady cool forecasts

US natural gas futures ended flat on Friday on forecasts for slightly cooler-than-normal weather over the next two weeks. Front-month gas futures on the New York Mercantile Exchange closed down 0.2 cents at $2.839 per million British thermal units. Some o

Published 08 Mar, 2015 12:00am

Drop in cocoa bean size worries Ivorian exporters

Dry weather in top cocoa grower Ivory Coast has caused a sharp drop in bean size and will delay the start of the April-to-September mid-crop by nearly two months, exporters and merchants said on Friday. Bean size is determined by counting the number of be

Published 08 Mar, 2015 12:00am

Thai sugar premiums edge higher

Premiums for Thai sugar edged up but trade remained muted in the region after nearly a million tonnes of the raw variety were delivered against the ICE Futures US March contract that expired on last Friday, dealers said. Large global traders ED&F Man Capi

Published 08 Mar, 2015 12:00am

China may sell soya reserves, refill with Brazilian imports

China, the world's top soya importer, may sell between 1.3 and 1.5 million tonnes of soyabeans from state reserves to four crushers and refill its stockpiles with Brazilian soyabeans, according to an official think tank. China holds an unspecified volume

Published 08 Mar, 2015 12:00am

Vietnam's coffee sales slow, Indonesia's February exports up

Coffee exports from Vietnam have been slow due to domestic speculators who bet on higher prices due to a smaller harvest, while Indonesia's harvest is gathering pace, traders said on Thursday. While Vietnam's coffee exports in March, projected at 90,000-1

Published 08 Mar, 2015 12:00am

US FOB Gulf soyabean offers steady

Soyabean export premiums at the US Gulf Coast held steady on Friday in seasonally quiet trade as top soya importer China is booking cheaper beans from South American suppliers, traders said. US Gulf offers for March were not well established due to tight

Published 08 Mar, 2015 12:00am

EU wheat falls to one-week low

European Union wheat fell on Friday to a one-week low, under pressure from US futures at contract lows, but an export-boosting slide in the euro helped prices hold a support floor. May milling wheat, the benchmark on Euronext's established No 2 wheat cont

Published 08 Mar, 2015 12:00am

Changes to LatAm bond clauses raise market hackles

Mexico and other Latin American sovereigns have been omitting four key words from the collective action clauses in new bond issues - and that is ruffling the feathers of major bond investors. Standard language in collective action clauses recommended by i

Published 08 Mar, 2015 12:00am

Changes to LatAm bond clauses raise market hackles

Mexico and other Latin American sovereigns have been omitting four key words from the collective action clauses in new bond issues - and that is ruffling the feathers of major bond investors. Standard language in collective action clauses recommended by i

Published 08 Mar, 2015 12:00am

Citigroup-linked China broker plans $1.6 billion Shanghai IPO

Orient Securities Company Limited, the joint venture partner of a Citigroup Inc unit, plans to raise 10 billion yuan ($1.59 billion) in an initial public offering (IPO) on the Shanghai stock exchange, the brokerage said late on Monday. Orient Securities p

Published 08 Mar, 2015 12:00am

Citigroup-linked China broker plans $1.6 billion Shanghai IPO

Orient Securities Company Limited, the joint venture partner of a Citigroup Inc unit, plans to raise 10 billion yuan ($1.59 billion) in an initial public offering (IPO) on the Shanghai stock exchange, the brokerage said late on Monday. Orient Securities p

Published 08 Mar, 2015 12:00am

Passive no more: Japan's trust banks net buyers of Japanese shares for 10 months

Japan's trust banks, which manage a big chunk of pension funds' investments, were net buyers of Japanese stocks for the 10th month, in a sign the nation's asset managers are shedding their reputation for being passive investors in low-yielding assets. Tru

Published 08 Mar, 2015 12:00am

TSX drops as US jobs data sparks rate hike fears

Canada's main stock index dropped to its lowest in more than a month on Friday as a bullish US jobs report raised fears that the Federal Reserve could increase interest rates sooner than expected. The upbeat data, coupled with a stronger US dollar, helped

Published 08 Mar, 2015 12:00am

Billions flow back into European equities as revenue outlook improves

Fund managers are pouring billions of dollars into European stocks as forecast-beating quarterly revenues bolster expectations for a recovery in corporate earnings. European equities saw their largest ever inflows last week, totalling $5.8 billion accordi

Published 08 Mar, 2015 12:00am

Indonesia sells 2.6 trillion rupiah of Islamic bonds, yields mixed

Indonesia's finance ministry sold 2.57 trillion rupiah ($199.30 million) of Islamic bonds at an auction, slightly above an indicative target of 2 trillion rupiah, the ministry's financing and risk management office said on Tuesday. The weighted average yi

Published 08 Mar, 2015 12:00am

Indonesia sells 2.6 trillion rupiah of Islamic bonds, yields mixed

Indonesia's finance ministry sold 2.57 trillion rupiah ($199.30 million) of Islamic bonds at an auction, slightly above an indicative target of 2 trillion rupiah, the ministry's financing and risk management office said on Tuesday. The weighted average yi

Published 08 Mar, 2015 12:00am

Treasuries outlook: yields jump after strong jobs report

US Treasury yields shot higher on Friday after data showed US nonfarm payrolls beat expectations and the jobless rate fell to a more than 6-1/2-year low in February, bolstering the view that the Federal Reserve will consider hiking rates in June. Nonfarm

Published 08 Mar, 2015 12:00am

Treasuries outlook: yields jump after strong jobs report

US Treasury yields shot higher on Friday after data showed US nonfarm payrolls beat expectations and the jobless rate fell to a more than 6-1/2-year low in February, bolstering the view that the Federal Reserve will consider hiking rates in June. Nonfarm

Published 08 Mar, 2015 12:00am

Neil Woodford, Irish state fund to back Malin IPO

Leading British fund manager Neil Woodford and the Irish state's new strategic investment fund are among the investors who have committed to purchasing shares in life sciences company Malin, the Irish firm said on Thursday. Malin, set up by a number of fo

Published 08 Mar, 2015 12:00am

Neil Woodford, Irish state fund to back Malin IPO

Leading British fund manager Neil Woodford and the Irish state's new strategic investment fund are among the investors who have committed to purchasing shares in life sciences company Malin, the Irish firm said on Thursday. Malin, set up by a number of fo

Published 08 Mar, 2015 12:00am

ECB pledge drives up bonds, German-US yield gap

Eurozone markets' key inflation gauge shot up on Friday, a sign investors believe ECB bond-buying will succeed in driving up consumer prices, while the gap between US and German borrowing costs reached its widest since 1989. The five-year, five-year forwa

Published 08 Mar, 2015 12:00am

ECB pledge drives up bonds, German-US yield gap

Eurozone markets' key inflation gauge shot up on Friday, a sign investors believe ECB bond-buying will succeed in driving up consumer prices, while the gap between US and German borrowing costs reached its widest since 1989. The five-year, five-year forwa

Published 08 Mar, 2015 12:00am

Big US jobs numbers send discount broker stocks soaring

Investors in US discount brokerage stocks applauded the upbeat US jobs report on Friday, sending shares of TD Ameritrade Holding Corp, Charles Schwab Corp and E*Trade Financial Corp soaring. Few stock sectors are as correlated to rate hikes as discount br

Published 08 Mar, 2015 12:00am

Iraq says discussing $6 billion bond issue with banks

Iraq is discussing a possible bond issue worth nearly $6 billion with Deutsche Bank and Citibank as part of its efforts to cover a huge projected budget deficit this year, Finance Minister Hoshiyar Zebari said. State revenues have tumbled along with falli

Published 08 Mar, 2015 12:00am

Iraq says discussing $6 billion bond issue with banks

Iraq is discussing a possible bond issue worth nearly $6 billion with Deutsche Bank and Citibank as part of its efforts to cover a huge projected budget deficit this year, Finance Minister Hoshiyar Zebari said. State revenues have tumbled along with falli

Published 08 Mar, 2015 12:00am

Wall Street ends lower as jobs data may bring rate hike sooner

US stocks closed lower on Friday and the S&P 500 declined for a second straight week after a strong monthly jobs report as investors bet that the Federal Reserve could raise interest rates sooner than previously expected. Some of the worst-hit stocks were

Published 08 Mar, 2015 12:00am

African currencies week ahead: bond flows to help Kenyan shilling, naira seen steady

Kenya's shilling could strengthen next week buoyed by offshore inflows into a Treasury bond on sale later this month, while the naira could steady as the central bank controls its trade.

Published 08 Mar, 2015 12:00am

IMF urges Sri Lanka to limit intervention in FX markets

The International Monetary Fund urged Sri Lanka on Wednesday to limit its intervention in foreign exchange markets to curbing excessive short-term volatility, while emphasising the need for exchange rate flexibility. The IMF, which ended a $2.6 billion lo

Published 08 Mar, 2015 12:00am

Canadian dollar hit by strong greenback

The Canadian dollar touched its weakest level against the US dollar in nearly two weeks on Friday, hurt by a slew of weak domestic economic data, while figures showing robust US job growth in February pushed the greenback to 11-1/2 year highs against a ba

Published 08 Mar, 2015 12:00am

Yuan short positions near 5-year high, Asia FX sentiment worsens

Short positions on China's yuan hit a near five-year high in the last two weeks as the central bank cut interest rates, adding to a flurry of regional policy easing which is dampening sentiment toward most emerging Asian currencies, a Reuters poll showed

Published 08 Mar, 2015 12:00am

South Korea's FX bank deposits rise

South Korea's foreign exchange bank deposits rose for a second straight month in February, central bank data showed on Friday, mostly due to dollar deposits made by state-run companies for their international trade contracts. Foreign exchange bank deposit

Published 08 Mar, 2015 12:00am

Denmark spends $25 billion in February to keep peg, reserves hit new high

Denmark's foreign exchange reserves hit a fresh all-time high after the central bank spent 168.7 billion Danish crowns ($25 billion) on intervention to defend the national currency's peg to the euro, the central bank said on Tuesday. The reserves stood at

Published 08 Mar, 2015 12:00am

US dollar net longs flat to slightly higher

Positive bets on the US dollar were little changed in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position was $40.85 billion in the week ended March 3, from $40.8

Published 08 Mar, 2015 12:00am

Mexican peso sinks to lowest level since 2009

Mexico's peso dropped on Thursday to its lowest level against the dollar since March 2009, when the country was in deep recession. The national currency closed at 15.50 pesos against the dollar, shedding almost one percent from 15.35 pesos a day earlier,

Published 08 Mar, 2015 12:00am

Angola likely to devalue kwanza this year

Angola's central bank will probably have to devalue the kwanza and raise interest rates this year as a sharp drop in oil prices saps foreign exchange supply, the Angolan unit of Africa-focused investment bank Imara said on Monday. Oil-dependent Angola sla

Published 08 Mar, 2015 12:00am

Emerging market currencies to remain under pressure

Emerging market currencies are set to sink further into decade or even record lows against the dollar as interest rates start rising off zero in the United States, a Reuters poll predicted on Wednesday. A wide majority of FX strategists from all over the

Published 08 Mar, 2015 12:00am

Croatia Prime Minister speaks out to quash kuna devaluation proposals

Croatia should never consider devaluing the national kuna currency as such a move would hurt citizens and companies without improving business competitiveness, Prime Minister Zoran Milanovic said on Thursday. German consultants for the biggest opposition

Published 08 Mar, 2015 12:00am

Dollar rallies as jobs growth spurs rate hike expectations

The dollar jumped to an 11-1/2-year high against a basket of currencies on Friday as robust US employment growth fuelled expectations that the Federal Reserve was closer to raising interest rates. The euro fell below $1.09 for the first time since Septemb

Published 08 Mar, 2015 12:00am

PSG thrash Lens 4-1 to claim top spot in Ligue 1

Paris St Germain thumped RC Lens 4-1 to move top of Ligue 1 on Saturday as the French Champions geared up for their Champions League clash at Chelsea next week. David Luiz, Zlatan Ibrahimovic, Blaise Matuidi and Javier Pastore scored the goals that put PS

Published 08 Mar, 2015 12:00am

Waqar sees spirit of 1992 in reborn Pakistan

Pakistan coach Waqar Younis senses his team are developing the same belief which propelled Imran Khan's "cornered tigers" to the World Cup in 1992 after their thrilling victory over South Africa. Pakistan pulled off a sensational 29-run win on the Duckwor

Published 08 Mar, 2015 12:00am

Success in the field fuels stability in New Zealand side

New Zealand's less-than-demanding fielding stints means they are able to play an unchanged side for the fifth successive game during the World Cup when they face Afghanistan in their penultimate Pool A clash at McLean Park on Sunday. New Zealand have won

Published 08 Mar, 2015 12:00am

Clarke puts his spin on SCG pitch for Sri Lanka

Michael Clarke expects spin to play a role in Australia's World Cup showdown with Sri Lanka on a dry Sydney Cricket Ground pitch on Sunday. The 1996 champions, Sri Lanka lead the four-time champion Aussies by one point in the Pool A standings and a win wo

Published 08 Mar, 2015 12:00am

Spurs sink QPR

Harry Kane struck twice as Tottenham Hotspur's pursuit of a top-four finish received a boost thanks to a 2-1 victory over relegation-threatened Queens Park Rangers in the Premier League on Saturday. QPR enjoyed the better of the early exchanges but Kane p

Published 08 Mar, 2015 12:00am

National Women Netball Championship from March 28

Punjab Netball Association (PNA) is organising the PNA 14th National Women Netball Championship 2015 at Hamidi Hall, PSB Sports Complex, Islamabad from 28th to 31st March 2015. The affiliated units Army, Navy, Air Force, Police, Wapda, Railways, Higher Ed

Published 08 Mar, 2015 12:00am

PCB serves legal notices to ex-cricketers

Pakistan Cricket Board (PCB) has sent legal notices to ex-cricketer Sarfraz Nawaz, ex-Chairmen PCB Ijaz Butt and Khalid Mahmood, ex-cricketer Aamir Sohail and PML-Q leader Kamil Ali asking them to apologise to the PCB and Executive Committee chairman Naja

Published 08 Mar, 2015 12:00am

Wapda, Islamabad post victories in inter-provincial cycling

Thrilling events of 1st National Women and Inter Provincial Road Cycling Championship are in progress at Chak Shahzad Islamabad. On the first day of the championship, two events ie 25km team time trial was won by Wapda. They covered 25km distance in 51 mi

Published 08 Mar, 2015 12:00am

Mueller sparkles as Bayern go 11 points clear

Thomas Mueller scored twice as Bundesliga leaders Bayern Munich came from a goal down to beat Hanover 3-1 on Saturday and stretch their advantage at the top to 11 points after VfL Wolfsburg slumped to a 1-0 loss at Augsburg. Bayern lacked their usual spar

Published 08 Mar, 2015 12:00am

Ireland record thrilling win over Zimbabwe

Ireland opted to bring back medium-pacer Alex Cusack for the crunch match against Zimbabwe on Saturday and gambled by promoting young Andy Balbirnie in the batting order and both moves paid handsome dividends. Ireland were struggling for momentum after be

Published 08 Mar, 2015 12:00am

No tons for Misbah as he makes 5,000 ODI runs

Pakistan captain Misbah-ul-Haq became the first batsman to score 5,000 one-day international runs without any individual century when he reached the landmark against South Africa in a World Cup match in Auckland on Saturday. The 40-year-old Misbah was onl

Published 08 Mar, 2015 12:00am

Pakistan stun South Africa to revive World Cup charge

Pakistan's trio of left-arm pacemen bowled their team to a thrilling 29-run win over South Africa on the Duckworth/Lewis method as they revived their bid for a World Cup quarter-final place in Auckland on Saturday. Rahat Ali grabbed a career-best three fo

Published 08 Mar, 2015 12:00am

China could struggle to meet 2020 nuclear targets

China could struggle to meet its 2020 nuclear energy targets with the industry still waiting on a cautious government to speed up the approval process, a senior industry executive said on Saturday. But as it waits for domestic projects to go ahead, the st

Published 08 Mar, 2015 12:00am

Fiat Chrysler recalls 703,000 vehicles

Fiat Chrysler Automobiles is recalling 702,578 SUVs and minivans to fix defective ignition switches that can unexpectedly turn off the engine, according to documents posted Friday by US safety regulators. The recall covers Dodge Grand Caravan and Chrysler

Published 08 Mar, 2015 12:00am

Greece will never quit eurozone: EU Commission chief

Greece will never leave the euro zone as to do so would cause "irreparable damage" to the European Union, the head of the EU's executive Commission Jean-Claude Juncker said in a German newspaper interview to be published on Sunday. "The European Commissio

Published 08 Mar, 2015 12:00am

China's new oil import policy positive for quality, prices

China's decision to allow more independent oil refiners to import crude oil will help to improve fuel quality and lower domestic fuel prices, the governor of Shandong province, the country's hub of small refineries, said. China, the world's second biggest

Published 08 Mar, 2015 12:00am

Microsoft sues Kyocera over cellphones

Microsoft Corp sued Kyocera Corp for patent infringement on Friday, alleging the Japanese company's Duraforce, Hydro and Brigadier cell phone lines violate seven Microsoft patents. Microsoft asked a Seattle federal judge to impose a US sales injunction ag

Published 08 Mar, 2015 12:00am

Microsoft sues Kyocera over cellphones

Microsoft Corp sued Kyocera Corp for patent infringement on Friday, alleging the Japanese company's Duraforce, Hydro and Brigadier cell phone lines violate seven Microsoft patents. Microsoft asked a Seattle federal judge to impose a US sales injunction ag

Published 08 Mar, 2015 12:00am

Erdogan tells business community not to speculate on the dollar

Turkish President Tayyip Erdogan on Saturday urged businessmen not to try to profit from the strong dollar, a day after the lira hit a record low against the US currency. The Turkish lira hit a record low of 2.6470 on Friday, following a week of losses, p

Published 08 Mar, 2015 12:00am

Top Brazilian politicians investigated in Petrobras scandal

Brazil's Supreme Court will investigate the speakers of both houses of Congress and 32 other sitting politicians in connection with a multibillion-dollar kickback scheme at state-controlled oil company Petrobras The scandal has shaken the political establ

Published 08 Mar, 2015 12:00am

After five years, European company earnings to overtake US

Earnings growth at European companies is expected to overtake that of US peers for the first time since 2010 thanks to cheaper oil, euro weakness that aids competitiveness and a generally brighter economic backdrop. The resurgence of confidence in Europe

Published 08 Mar, 2015 12:00am

Egypt's economy grows

Egypt's economy grew 4.3 percent in the quarter ended December, compared with 1.4 percent during the same period last year, Planning Minister Ashraf al-Arabi said on Saturday. Arabi told Reuters his country's gross domestic product grew 5.6 percent in the

Published 08 Mar, 2015 12:00am

Moody's downgrades Austrian province over Heta bad bank

Ratings agency Moody's has downgraded Austria's Carinthia province to Baa3 - one notch above junk grade - over its exposure to the "bad bank" Heta handling assets of defunct lender Hypo Alpe Adria. Austria's financial watchdog the FMA took control of Heta

Published 08 Mar, 2015 12:00am

Moody's downgrades Austrian province over Heta bad bank

Ratings agency Moody's has downgraded Austria's Carinthia province to Baa3 - one notch above junk grade - over its exposure to the "bad bank" Heta handling assets of defunct lender Hypo Alpe Adria. Austria's financial watchdog the FMA took control of Heta

Published 08 Mar, 2015 12:00am

Ecuador slaps new tariffs on one-third of its imports

Ecuador will impose a new set of variable tariffs on one-third of all its imports in an attempt to protect its oil-reliant economy, which has been hit by the plunge in global crude prices, the government said on Friday. The measure, which begins on Wednes

Published 08 Mar, 2015 12:00am

Miliband insists on TV debate, says Cameron 'chickening out'

British opposition Labour leader Ed Miliband on Saturday accused Prime Minister David Cameron of trying to "chicken out" of head-to-head televised debates with him ahead of a national election on May 7 and said he would take part with or without Cameron.

Published 08 Mar, 2015 12:00am

Canadian crude oil train derailed, fire reported

A Canadian National Railway Co train carrying crude oil has derailed near the Northern Ontario community of Gogama, with the crew reporting a fire but no injuries, the company said on Saturday. A preliminary assessment indicated a bridge over a waterway h

Published 08 Mar, 2015 12:00am

Israel fires at Gaza boats, kills Palestinian fisherman

The Israeli navy opened fire on boats off the coast of the Gaza Strip on Saturday, killing one Palestinian fisherman, Gaza hospital officials said. Citing security concerns, Israel keeps a naval blockade on Gaza, which is ruled by the Islamist Hamas movem

Published 08 Mar, 2015 12:00am

UK charities cease funding Cage, group linked to 'Jihadi John'

Two high-profile British charities have stopped funding Cage, a Muslim campaign group that has drawn criticism over statements about the Islamic State militant known as "Jihadi John", the regulator of British charities has announced. Cage was in contact s

Published 08 Mar, 2015 12:00am

Libyan Islamist leader backs UN talks, but tensions high

An influential Islamist supporter of Libya's self-declared government said United Nations talks were the only way to end the country's conflict, but signalled a deal would be hard while a rival government works with a former ally of Muammar Gaddafi. The r

Published 08 Mar, 2015 12:00am

White House lockdown lifted, Obama leaves

A security lockdown at the White House triggered by a loud bang just as President Barack Obama was due to leave was caused by a food vendor cart catching fire on a nearby street, the Secret Service said on Saturday. The security alert happened just moment

Published 08 Mar, 2015 12:00am

Six-way kidney swap complete at San Francisco hospital

Doctors at a San Francisco hospital on Friday completed kidney transplant surgeries in a rare organ-transplant chain from living donors that resulted in healthy kidneys going to six sick people. The group of 12 donors and recipients, ranging in age from 2

Published 08 Mar, 2015 12:00am

US missionary kidnapped in Nigeria freed

An American missionary who was kidnapped in central Nigeria in February was safely released to authorities and church leaders on Friday, her Free Methodist Church said in a statement. Reverend Phyllis Sortor, 71, a Free Methodist missionary to Nigeria, wa

Published 08 Mar, 2015 12:00am

EU shows little appetite for more Russia sanctions

EU foreign ministers showed little appetite on Saturday for stepping up pressure on Russia over Ukraine, preferring to give a fragile ceasefire a chance before deciding whether to apply more sanctions or even to extend existing ones. Most ministers at an

Published 08 Mar, 2015 12:00am

Militants kill five in attack on restaurant in Mali capital

Militants killed five people in a gun attack on a restaurant in Mali's capital in the early hours of Saturday, including a French citizen and a Belgian security officer with the EU delegation in the country, authorities said. Mali's desert north, where Fr

Published 08 Mar, 2015 12:00am

Syrian air strike kills two Islamic State commanders

The Syrian army has killed two Islamic State commanders in an air strike in central Syria along with at least 24 other members of the ultra-hardline group, a monitoring group said on Saturday. Syrian state media reported the death of one of the Islamic St

Published 08 Mar, 2015 12:00am

Six killed in gunmen attack on Sufi place of worship in Kabul

Attackers with guns fixed with silencers killed six people after storming a Sufi place of worship in the Afghan capital Kabul on Saturday evening, according to a government statement. Several men attacked the religious building in the western part of the

Published 08 Mar, 2015 12:00am

Afghan leader says won't compromise social freedoms in peace efforts

Afghan President Ashraf Ghani said on Saturday he would not compromise on the social freedoms introduced since the Taliban's 2001 ouster as his government works towards opening peace talks with the insurgents to end Afghanistan's long war. "We will not le

Published 08 Mar, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,906.50
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,861.33
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Dow Jones / Nov 15	43,602
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Petrol/Litre / Nov 15	248.38
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Diesel/Litre / Nov 15	255.14

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 15 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 15 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 15 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 15 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 15 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 15 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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