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Wasim Akram Reacts on Being Attacked Former Pakistan cricket captain Wasim Akram narrowly escaped an attack as his car near National Stadium in Karachi on Wednesday. After moving to a secure place, Akram recorded a police statement against the gunmen. Akram called the police helpline and registered the complaint. As per Akram’s own account, two unidentified armed men on a motorcycle opened fire at his vehicle. A visibly shaken Akram said “I have noted down the vehicle’s number and given it to the police,” local media reported.He also added that he hadn’t received any threat before. He said that two gunmen opened fire on his vehicle from rare-side, after which the car got disbalance and hit another car behind. According to a police source, it was not a snatching incident. PTI chairman Imran Khan took to Twitter to react on the same incident. He tweeted, “I am glad to know Wasim Akram is safe”.Copyright Business Recorder, ...

Attack on Wasim Akram near National Stadium, Karachi Unknown gunmen opened fire on legendary Pakistani cricketer Wasim Akram on Karsaz road near National Stadium, Karachi. Reportedly, Akram was returning back after bowling training with young cricketers at National Stadium, where he was attacked by two unknown gunmen. Police are investigating the targeted location and the cricketer has been moved to a secure location. According to local media reports, Wasim Akram is safe and has not suffered any kind of injury.Copyright Business Recorder, 2015 ...

SC verdict to have positive impact on country's future: Nawaz Sharif ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Wednesday termed the verdict of Supreme Court to uphold establishment of military courts a historic day and said it would have highly positive impact on country's future. Speaking in the National Assembly, he said the judgment was a certificate of supremacy of the Parliament. He said that all the political parties had reservations over the establishment of military courts, but it was considered necessary to take this step for ...

RECORDER REPORT: KSE close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Wednesday having 36155.17 points with a positive change of 233.46 and volume of 168,725,840 shares.High and Low were 36266.44 and 35921.71 respectively. Total volume traded in the market was 336,736,000 shares with 369 total traded companies out of which 211 were up 142 were down and 16 were unchanged. COMMERCIAL BANKS was the top traded sector with total traded volume of 70,489,800 shares. It was ...

Turkey to start fight against IS in Syria 'soon': FM KUALA LUMPUR: Turkey will soon start combating Islamic State group militants inside northern Syria, its foreign minister vowed Wednesday as he met US Secretary of State John Kerry in Malaysia."Now we are training and equipping the moderate (Syrian) opposition together with the United States, and we will also start our fight against Daesh very effectively soon," Foreign Minister Mevlut Cavusoglu told reporters at the start of the meeting with Kerry, using the Arab acronym for ...

Desperation mounts in flood-hit Myanmar as death toll climbs YANGON: Tens of thousands of people huddled on Wednesday in monasteries and other makeshift evacuation centres in remote areas of Myanmar cut off by deadly floods, as rescuers struggled to deliver desperately needed aid.Heavy seasonal downpours have caused devastation across large parts of South and Southeast Asia in recent weeks, claiming hundreds of lives and displacing millions.In Myanmar, international aid efforts accelerated on Wednesday to meet the widening crisis following an appeal from the government ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln