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Print - 2015-04-11
Waqar wants right attitude in 'new era'

Waqar wants right attitude in 'new era'

Pakistan head coach Waqar Younis Friday warned only players with the right attitude will represent the national team as it embarks on a "new era" with their Bangladesh tour next week.
Published 11 Apr, 2015 12:00am
FTSE races to new record high as Shire shines

FTSE races to new record high as Shire shines

Britain's top equity index sprinted to new record highs on Friday, as real-estate stocks extended gains from a rebound in property prices and drugmaker Shire got a lift from a positive product review. The FTSE 100 ended up 1.1 percent at 7,089.77 points,
Published 11 Apr, 2015 12:00am
Australian shares soar

Australian shares soar

Australian shares ended higher on Friday with utilities and energy sectors making solid contributions as oil prices regained some ground. The S&P/ASX 200 index finished up 0.6 percent at 5,968.4, taking gains this week to 1.2 percent. The benchmark index
Published 11 Apr, 2015 12:00am
SE Asian markets: Thai shares rebound before holidays

SE Asian markets: Thai shares rebound before holidays

Thai stocks eked out small gains on Friday on thin volume ahead of a long weekend, while most other Southeast Asian stock markets ended higher as investors built positions ahead of the start of a quarterly reporting season. Thai SET index was up 0.2 perce
Published 11 Apr, 2015 12:00am
European shares hit highest since 2000 as euro falls

European shares hit highest since 2000 as euro falls

European shares powered to their highest level since 2000 on Friday, helped by further declines in an already weak euro that is seen supporting an economic recovery and boosting corporate profits. The FTSEurofirst 300 index of top European shares closed 0
Published 11 Apr, 2015 12:00am
Ibrahimovic gets four-game ban for rant

Ibrahimovic gets four-game ban for rant

Paris St Germain striker Zlatan Ibrahimovic has been banned for four Ligue 1 games for insulting match officials. Sebastien Deneux, head of the French League's (LFP) disciplinary committee, told reporters on Thursday that the Swede was found guilty of "us
Published 11 Apr, 2015 12:00am
IOC extends Swiss 'love story'

IOC extends Swiss 'love story'

The International Olympic Committee on Friday marked the 100th anniversary of its installation in Lausanne and said it plans to stay another century. Highlighting the choice of Switzerland because it was neutral territory, IOC president Thomas Bach said:
Published 11 Apr, 2015 12:00am
Player reports fixing approach in IPL

Player reports fixing approach in IPL

An unnamed player fended off an approach by a colleague to deliberately underperform in cricket's Indian Premier League in exchange for cash, authorities said Friday. The Rajastan Royals player informed the team's management about the approach which was m
Published 11 Apr, 2015 12:00am
Tiger-esque Spieth flirts with Masters history

Tiger-esque Spieth flirts with Masters history

Jordan Spieth tightened his grip on the 79th Masters in Friday's second round at Augusta National, approaching historic major scoring totals and evoking memories of Tiger Woods' record-setting 1997 romp. The 21-year-old American was five under for the day
Published 11 Apr, 2015 12:00am
Soccer millionaire di Maria sold for 20 footballs

Soccer millionaire di Maria sold for 20 footballs

Angel di Maria has cost more than 100 million euros in transfers in his illustrious career, but the first fee paid for him was just 20 footballs. Poor clubs across South America are getting ready to celebrate stars like Argentina's di Maria who have risen
Published 11 Apr, 2015 12:00am
Faulkner joins Lancashire

Faulkner joins Lancashire

Australia's World Cup-winning all-rounder James Faulkner has joined Lancashire for the bulk of the upcoming English domestic season, the Old Trafford-based county announced Friday. Faulkner will arrive after his stint in the Twenty20 Indian Premier League
Published 11 Apr, 2015 12:00am
Santoso on course for Singapore double

Santoso on course for Singapore double

Indonesia's Simon Santoso stayed on course to win the first ever consecutive Singapore Open badminton titles as he cruised into the semi-finals on Friday. The unseeded Santoso, now the hot favourite in a field bereft of big names, took just over half-an-h
Published 11 Apr, 2015 12:00am
Ronaldo yellow card rescinded by Spanish federation

Ronaldo yellow card rescinded by Spanish federation

Real Madrid's appeal against a yellow card shown to forward Cristiano Ronaldo in Wednesday's 2-0 La Liga win at Rayo Vallecano has been granted by the Spanish soccer federation (RFEF), the club said on Friday. The federation's decision means Ronaldo, the
Published 11 Apr, 2015 12:00am
KP accountability body allowed to open 10-year-old cases

KP accountability body allowed to open 10-year-old cases

The provincial assembly of Khyber Pakhtunkhwa Friday passed the KP Ehtesab Commission (Amendment) Bill, 2015 to allow the commission to conduct the accountability of 10 years old corruption cases. The Khyber Pakhtunkhwa Ehtesab Commission Act, 2014 was pa
Published 11 Apr, 2015 12:00am
Indonesian FA suspends league after row with government

Indonesian FA suspends league after row with government

The new Indonesian Super League season will be suspended after only two games as officials try to negotiate a deal with the government to allow two title contenders to participate after issues arose over their ownership. The Indonesian Professional Sports
Published 11 Apr, 2015 12:00am
Former Malaysian international jailed for match-fixing

Former Malaysian international jailed for match-fixing

A former Malaysian international was jailed for two years on Thursday for attempting to bribe a referee to rig a soccer match involving a Singapore team in 2012. Thana Segar S Sinnaiah pleaded guilty to working with Singaporean Selvarajan Letchuman to off
Published 11 Apr, 2015 12:00am
Pakistan 'A' squad for Sri Lanka tour announced

Pakistan 'A' squad for Sri Lanka tour announced

Pakistan Cricket Board Chairman Shaharyar Khan has approved a 16-member Pakistan 'A' apiece four-day and one-day squad for the month-long tour of Sri Lanka in April-May this year, following recommendation by the four-member selection committee headed by H
Published 11 Apr, 2015 12:00am
Cooling home loan demand widens scope for Australia rate cut

Cooling home loan demand widens scope for Australia rate cut

Demand for home loans in Australia seems to be coming off the boil just in time to allay policymakers' concerns about a speculative spiral in house prices, so widening scope for a cut in interest rates next month.
Published 11 Apr, 2015 12:00am
Poland's state development bank BGK eyes 2015 credit boost

Poland's state development bank BGK eyes 2015 credit boost

Poland's state development bank BGK plans to extend new financing worth 6 billion zlotys ($1.58 billion) in 2015 as part of a programme to boost economic growth, its chief executive said. Dariusz Kacprzyk told Reuters the bank will also start financially
Published 11 Apr, 2015 12:00am
Goldman, investors file lawsuit in $835 million BES loan fight

Goldman, investors file lawsuit in $835 million BES loan fight

Goldman Sachs and investors including hedge fund Elliott Management have joined a legal battle over an $835 million loan made to Banco Espirito Santo weeks before it collapsed last year. The lawsuits, filed in a London court, relate to a special purpose v
Published 11 Apr, 2015 12:00am
Ghana oil refinery breakdown a symbol of economic woes

Ghana oil refinery breakdown a symbol of economic woes

When it opened in 1963, Ghana's oil refinery symbolised pride and hope for the first African country to escape colonial rule. Now the plant stands idle in a sign of the economic shadow that has crept over one of the continent's brightest stars. The discov
Published 11 Apr, 2015 12:00am
Canadian housing starts rebound more than expected in March

Canadian housing starts rebound more than expected in March

Canadian housing starts rose much more sharply than expected in March as groundbreaking on new condominiums and apartments in urban areas surged 48.2 percent, while February numbers were revised slightly lower, data showed on Friday. The report from the C
Published 11 Apr, 2015 12:00am
Cut in CPI forecasts alone won't trigger easing: BoJ's Nakaso

Cut in CPI forecasts alone won't trigger easing: BoJ's Nakaso

Bank of Japan Deputy Governor Hiroshi Nakaso has tempered market expectations that the bank will expand its stimulus programme later this month, saying a cut in its inflation forecast would not be enough to justify more monetary easing.
Published 11 Apr, 2015 12:00am
Yemen conflict should be resolved through talks: minister

Yemen conflict should be resolved through talks: minister

Federal Minister for Information and Broadcasting Pervaiz Rasheed has said that Yemen issue should be resolved through negotiations. Talking to media persons here on Friday, he said that the sanctity of Haramain Sharifain was the responsibility of every P
Published 11 Apr, 2015 12:00am
Dastgir likely to visit Kabul next week

Dastgir likely to visit Kabul next week

Commerce Minister Engineer Khurram Dastgir is expected to visit Afghanistan next week with a view to finalising a trilateral transit trade agreement between Pakistan, Afghanistan and Turkmenistan, well-informed sources told Business Recorder. FBR,
Published 11 Apr, 2015 12:00am
Stocks close higher

Stocks close higher

Staying bullish, the Karachi share market Friday added another 337 points to the benchmark index that closed the week on a positive note at 32,350.93 points. Moving northward from the intraday low of 32,013.91 points, the KSE-100 index was seen hitting th
Published 11 Apr, 2015 12:00am
Stocks close higher

Stocks close higher

Staying bullish, the Karachi share market Friday added another 337 points to the benchmark index that closed the week on a positive note at 32,350.93 points. Moving northward from the intraday low of 32,013.91 points, the KSE-100 index was seen hitting th
Published 11 Apr, 2015 12:00am
Stocks close higher

Stocks close higher

Staying bullish, the Karachi share market Friday added another 337 points to the benchmark index that closed the week on a positive note at 32,350.93 points. Moving northward from the intraday low of 32,013.91 points, the KSE-100 index was seen hitting th
Published 11 Apr, 2015 12:00am
BRIndex30 rises 291.33 points

BRIndex30 rises 291.33 points

On Friday, BRIndex30 opened at 18,651.71 and remained positive throughout the trading session. It touched an intraday high of 19,077.68 and an intraday Low of 18,651.71 and closed at 18,943.04 which was 291.33 points or 1.56 percent higher than previous c
Published 11 Apr, 2015 12:00am
BRIndex30 rises 291.33 points

BRIndex30 rises 291.33 points

On Friday, BRIndex30 opened at 18,651.71 and remained positive throughout the trading session. It touched an intraday high of 19,077.68 and an intraday Low of 18,651.71 and closed at 18,943.04 which was 291.33 points or 1.56 percent higher than previous c
Published 11 Apr, 2015 12:00am
Obama, Castro head toward historic encounter

Obama, Castro head toward historic encounter

Presidents Barack Obama and Raul Castro prepared to hold historic talks Saturday, a US official said, setting up the first substantive meeting between an American and Cuban leader since the 1950s.
Published 11 Apr, 2015 12:00am
Obama, Castro head toward historic encounter

Obama, Castro head toward historic encounter

Presidents Barack Obama and Raul Castro prepared to hold historic talks Saturday, a US official said, setting up the first substantive meeting between an American and Cuban leader since the 1950s.
Published 11 Apr, 2015 12:00am
Status of Urdu: hearing adjourned to April 20

Status of Urdu: hearing adjourned to April 20

The Supreme Court Friday issued directives to the Attorney General for Pakistan office to submit report giving reasons that are impeding declaration of Urdu as national and official language of the country.
Published 11 Apr, 2015 12:00am
Status of Urdu: hearing adjourned to April 20

Status of Urdu: hearing adjourned to April 20

The Supreme Court Friday issued directives to the Attorney General for Pakistan office to submit report giving reasons that are impeding declaration of Urdu as national and official language of the country.
Published 11 Apr, 2015 12:00am
India orders 36 Rafale fighter jets from France in historic deal

India orders 36 Rafale fighter jets from France in historic deal

India's prime minister announced Friday that New Delhi had ordered 36 Rafale fighter jets from France in a multi-billion-euro agreement that has been years in the making. Standing alongside his counterpart Francois Hollande on a visit to France - the firs
Published 11 Apr, 2015 12:00am
India orders 36 Rafale fighter jets from France in historic deal

India orders 36 Rafale fighter jets from France in historic deal

India's prime minister announced Friday that New Delhi had ordered 36 Rafale fighter jets from France in a multi-billion-euro agreement that has been years in the making. Standing alongside his counterpart Francois Hollande on a visit to France - the firs
Published 11 Apr, 2015 12:00am
Air Vice Marshal Ashfaque Arain promoted

Air Vice Marshal Ashfaque Arain promoted

The Government on Friday promoted Air Vice Marshal Muhammad Ashfaque Arain, to the rank of Air Marshal. According to PAF Media Affairs, Air Marshal Muhammad Ashfaque Arain was commissioned in GD (P) Branch of Pakistan Air Force in October, 1981. During hi
Published 11 Apr, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Apr, 2015 12:00am
Air Vice Marshal Ashfaque Arain promoted

Air Vice Marshal Ashfaque Arain promoted

The Government on Friday promoted Air Vice Marshal Muhammad Ashfaque Arain, to the rank of Air Marshal. According to PAF Media Affairs, Air Marshal Muhammad Ashfaque Arain was commissioned in GD (P) Branch of Pakistan Air Force in October, 1981. During hi
Published 11 Apr, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Apr, 2015 12:00am
K-Electric requests NEPRA to reduce tariff

K-Electric requests NEPRA to reduce tariff

K-Electric has submitted a request to NEPRA to reduce Rs 1.59 per unit on account of monthly Fuel Surcharge Adjustment (FSA) for the month of February 2015. In its press statement, KE said that it has already reduced power tariff by Rs 7.40 from the month
Published 11 Apr, 2015 12:00am
K-Electric requests NEPRA to reduce tariff

K-Electric requests NEPRA to reduce tariff

K-Electric has submitted a request to NEPRA to reduce Rs 1.59 per unit on account of monthly Fuel Surcharge Adjustment (FSA) for the month of February 2015. In its press statement, KE said that it has already reduced power tariff by Rs 7.40 from the month
Published 11 Apr, 2015 12:00am
K-Electric requests NEPRA to reduce tariff

K-Electric requests NEPRA to reduce tariff

K-Electric has submitted a request to NEPRA to reduce Rs 1.59 per unit on account of monthly Fuel Surcharge Adjustment (FSA) for the month of February 2015. In its press statement, KE said that it has already reduced power tariff by Rs 7.40 from the month
Published 11 Apr, 2015 12:00am
Morocco bus crash kills 33, mostly school athletes

Morocco bus crash kills 33, mostly school athletes

More than 30 people, mostly schoolchildren returning from a sports meet, were killed Friday in Morocco when their bus caught fire after a head-on collision with a trailer truck. The accident in southern Morocco was the deadliest in the North African kingd
Published 11 Apr, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (April 10, 2015).

Published 11 Apr, 2015 12:00am
Morocco bus crash kills 33, mostly school athletes

Morocco bus crash kills 33, mostly school athletes

More than 30 people, mostly schoolchildren returning from a sports meet, were killed Friday in Morocco when their bus caught fire after a head-on collision with a trailer truck. The accident in southern Morocco was the deadliest in the North African kingd
Published 11 Apr, 2015 12:00am
SBP injects Rs 950 billion into banking system

SBP injects Rs 950 billion into banking system

The central bank pumped Rs 950 billion into the banking system Friday to cover increased outflow of cash from the money market. The liquidity has been injected at 7.50 percent annual rate of return through seven-day open market operation (OMO) tenor. The
Published 11 Apr, 2015 12:00am
SBP injects Rs 950 billion into banking system

SBP injects Rs 950 billion into banking system

The central bank pumped Rs 950 billion into the banking system Friday to cover increased outflow of cash from the money market. The liquidity has been injected at 7.50 percent annual rate of return through seven-day open market operation (OMO) tenor. The
Published 11 Apr, 2015 12:00am
SBP injects Rs 950 billion into banking system

SBP injects Rs 950 billion into banking system

The central bank pumped Rs 950 billion into the banking system Friday to cover increased outflow of cash from the money market. The liquidity has been injected at 7.50 percent annual rate of return through seven-day open market operation (OMO) tenor. The
Published 11 Apr, 2015 12:00am
US security guard hurt in Qatar embassy attack

US security guard hurt in Qatar embassy attack

The American embassy in the Gulf state of Qatar has confirmed in a statement on its website that a member of its security staff was injured in an assault. It is unclear what prompted the incident, which happened on Thursday at the embassy in the capital,
Published 11 Apr, 2015 12:00am
THE RUPEE: little gains

THE RUPEE: little gains

Modest recovery was seen versus the dollar on the money market on Friday in process of trading, dealers said.
Published 11 Apr, 2015 12:00am
US security guard hurt in Qatar embassy attack

US security guard hurt in Qatar embassy attack

The American embassy in the Gulf state of Qatar has confirmed in a statement on its website that a member of its security staff was injured in an assault. It is unclear what prompted the incident, which happened on Thursday at the embassy in the capital,
Published 11 Apr, 2015 12:00am
THE RUPEE: little gains

THE RUPEE: little gains

Modest recovery was seen versus the dollar on the money market on Friday in process of trading, dealers said.
Published 11 Apr, 2015 12:00am
France denies TV5Monde cyberjihadists leaked defence docs

France denies TV5Monde cyberjihadists leaked defence docs

France's defence ministry on Friday dismissed claims by self-proclaimed Islamic State cyberjihadists that they had posted classified army documents online when they hacked into a major television channel.
Published 11 Apr, 2015 12:00am
France denies TV5Monde cyberjihadists leaked defence docs

France denies TV5Monde cyberjihadists leaked defence docs

France's defence ministry on Friday dismissed claims by self-proclaimed Islamic State cyberjihadists that they had posted classified army documents online when they hacked into a major television channel.
Published 11 Apr, 2015 12:00am
July-March remittances hit $13 billion mark

July-March remittances hit $13 billion mark

Pakistanis working abroad sent home $13.327 billion during the first nine months of current fiscal year, ie, July-March FY15. This, the central bank Friday said, shows a significant growth of 15 percent when compared with $11.586 billion the country had r
Published 11 Apr, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 10, 2015).

Published 11 Apr, 2015 12:00am
July-March remittances hit $13 billion mark

July-March remittances hit $13 billion mark

Pakistanis working abroad sent home $13.327 billion during the first nine months of current fiscal year, ie, July-March FY15. This, the central bank Friday said, shows a significant growth of 15 percent when compared with $11.586 billion the country had r
Published 11 Apr, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 10, 2015).

Published 11 Apr, 2015 12:00am
July-March remittances hit $13 billion mark

July-March remittances hit $13 billion mark

Pakistanis working abroad sent home $13.327 billion during the first nine months of current fiscal year, ie, July-March FY15. This, the central bank Friday said, shows a significant growth of 15 percent when compared with $11.586 billion the country had r
Published 11 Apr, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (April 10, 2015).

Published 11 Apr, 2015 12:00am
US slams freeing of Lakhvi

US slams freeing of Lakhvi

The United States on Friday denounced the decision by Pakistani authorities to free the alleged mastermind of the 2008 Mumbai attacks, Zaki-ur-Rehman Lakhvi, on bail. State Department spokesman Jeff Rathke said Washington was "gravely concerned" and had "
Published 11 Apr, 2015 12:00am
US slams freeing of Lakhvi

US slams freeing of Lakhvi

The United States on Friday denounced the decision by Pakistani authorities to free the alleged mastermind of the 2008 Mumbai attacks, Zaki-ur-Rehman Lakhvi, on bail. State Department spokesman Jeff Rathke said Washington was "gravely concerned" and had "
Published 11 Apr, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 10, 2015)

Published 11 Apr, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 10, 2015).

Published 11 Apr, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 11 Apr, 2015 12:00am