Business Recorder

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Fiscal federalism

The provincial governments have complained about the failure of the federal government to abide by the 7th National Finance Commission (NFC) award by deducting 2 ... Read More

January 28, 2012Comments

 

'Mysterious' killings

Abdul Saboor, a 29-year-old civilian facing trial in a military court on charges of attacking the GHQ and ISI Hamza Camp, has died under mysterious ... Read More

January 26, 2012Comments

 

Another dictator falls?

One of the Arab world's most durable dictators, President Ali Abdullah Saleh of Yemen, flew out of Sanaa Sunday on way to the United States, ... Read More

January 24, 2012Comments

Pakistan

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Business & Economy

 

Pakistan keen to move towards FTA with Thailand: Gilani

DAVOS: Prime Minister Syed Yusuf Raza Gilani on Friday said Pakistan was keen to move towards a Free Trade Agreement with Thailand and stressed focussed ... Read More

Friday, 27 January 2012 Comments

Industries & Sectors

 

Shipping activity at Port Qasim

KARACHI: Brisk shipping activity was observed at the Port during the last 24 hours, Port sources said here Friday. According to the sources, six carrying containers, ... Read More

Friday, 27 January 2012 Comments

Banking & Finance

 

Rs. 1763.543bn notes in circulation

LAHORE: A total of Rs. 1763.543 billion currency notes are in circulation throughout the country, says a State Bank of Pakistan report. According to the ... Read More

Friday, 27 January 2012 Comments

World

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Global Business & Economy

 

US economy picked up modestly in 4th quarter

WASHINGTON: The US economy picked up speed in the fourth quarter, fresh data showed Friday, but it appeared to be still struggling to click into ... Read More

Saturday, 28 January 2012 Comments

North America

 

Gingrich, Romney woo Hispanic voters in Florida

DORAL: With promises of more jobs and tough rhetoric against Cuba and Venezuela, Republican rivals Mitt Romney and Newt Gingrich returned Friday to south Florida ... Read More

Saturday, 28 January 2012 Comments

South America

 

Chavez wants good relations with US if Obama elected

CARACAS: Venezuelan President Hugo Chavez said Friday he wants to "shake hands" with his US counterpart, Barack Obama, and have "good relations" with Washington if ... Read More

Saturday, 28 January 2012 Comments

Banking

 

T-bill auction hints further rate cut

Investors actions are a better determinant of their expectations than words. The market behavior in the latest Treasury bill auction, held two days back, noticeably ... Read More

January 27, 2012Comments

Fertilizer

 

FFBL rides on high margins

Fauji Fertilizer Bin Qasim (FFBL) registered its highest ever yearly profits, crossing Rs.10 billion for CY11. The financial result was slightly above the market estimates, ... Read More

January 27, 2012Comments

Miscellaneous

 

Of Kinnow exports

How difficult is it to sell an orange to Iran, a country that is literally across the border from Pakistan? Well, given the current international ... Read More

January 27, 2012Comments

Business & Finance

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Industries & Sectors

 

RIM CEO eyes "significant" plans for BlackBerry

NEW YORK: Research in Motion's Thorsten Heins plans to waste no time in his new job. The BlackBerry maker's chief executive said he will present ... Read More

Saturday, 28 January 2012 Comments

Banking & Finance

 

ECB chief, Geithner fuel hopes of taming eurozone crisis

DAVOS: European Central Bank president Mario Draghi said Friday the eurozone had made "outstanding" progress towards resolving the debt crisis as hopes grew for an ... Read More

Friday, 27 January 2012 Comments

Managed Funds

 

10-year yields steady ahead of US GDP

TOKYO: The yield on the benchmark US Treasury note was steady in Asia on Friday, while the yield on five-year paper was slightly above a ... Read More

Friday, 27 January 2012 Comments

Markets

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FXMM

 

Mexico's peso leads 4-week Latam FX rally

MEXICO CITY/RIO DE JANEIRO: Mexico's peso led gains among Latin American currencies but the pace of a four-week rally could be easing with investors showing ... Read More

Saturday, 28 January 2012 Comments

Fixed Income

 

France to sell 6.5-8bn euros of long-term bonds

PARIS: France plans to auction between 6.5 billion and 8.0 billion euros of long-term bonds, or OATs, on Feb. 2, debt management agency Agence France ... Read More

Friday, 27 January 2012 Comments

Commodities

 

US blocks some orange juice imports over fungicide

WASHINGTON: US authorities on Friday seized nine shipments of orange juice from Brazil and Canada after their contents tested positive for an illegal fungicide. The Food ... Read More

Friday, 27 January 2012 Comments

Sports

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Cricket

 

Zimbabwe dismissed for lowest ever Test innings

NAPIER: Zimbabwe were dismissed for 51, their lowest ever Test innings, to trail New Zealand by 444 in the one-off cricket Test at ... Read More

Saturday, 28 January 2012 Comments

Other Sports

 

Wenger won't be distracted by Arsenal angst

LONDON: Arsene Wenger insists the growing frustration about his failure to end Arsenal's seven-year trophy drought will not distract him from finding a way to ... Read More

Saturday, 28 January 2012 Comments

Picture of the day

News in Pictures


Source: KSE

Source: KSE

Source: KSE

Source: KSE

China Wholesale

brindex
9127.28   Arrow 110.24
+

Brief Recordings

Banking Review 2011

Letter to Editor

2011 Retro

Press Release

feedback

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The Wall

ArrowEuro 1.3220
ArrowSterling 1.5735
ArrowSwiss Franc 0.9128
ArrowYen 76.7000
ArrowGold 1741.000
ArrowCotton 95.610
ArrowOil 99.730
Index Closing Chg%
Arrow DJIA 12,660.50 0.58
Arrow Nasdaq 2,816.55 0.40
Arrow S&P 1,316.33 0.16
Arrow FTSE 5,733.45 1.07
Arrow DAX 6,511.98 0.43
Arrow CAC-40 3,318.76 1.32
Arrow Nikkei 8,841.22 0.09
Arrow H.Seng 20,501.70 0.31
Arrow Sensex 17,234.00 0.92

The Rupee

Interbank closing rates for dollar on Friday.
BuyingRs 90.22
SellingRs 90.26
Divergent trends

Annual2010/11
Foreign Debt $59.53bn
Per Cap Income $1254
GDP Growth 2.4%
Average CPI 14.10%
MonthlyDecember
Trade Balance $-2.41 bln
Exports $1.85 bln
Imports $1.26 bln
WeeklyJanuary 26, 2012
Reserves $16.802 bln
ArrowBRIndex-30 9,138.57
ArrowKSE-30 Index 11,216.56
ArrowKSE-100 Index 11,960.22
ArrowLSE-25 Index 3,142.41
ArrowISE-10 Index 2,646.17
ArrowGold Per 10gm 49,628.00
ArrowKCA Spot Rate 5,800.00
ArrowLibor Rate 0.78525

Press Release

Ethiopian Airlines refutes ET 409 crash report

 

2012-01-20 13:04:36
ADDIS ABABA: Ethiopian Airlines strongly refutes the final investigation report released today by the Lebanese Ministry of Public Works and Transport on the accident of ...

BR Events

Art Moments - An evening of conversation with Meher Afroz

 

KARACHI: Among Pakistan’s most acclaimed artists, Meher Afroz, shares how memory, tradition, and history have influenced her art practice. She also discusses how art history can help an artist understand local ... Read More

2012-01-27 10:12:49 Comments

Poll

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