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Eurozone April business activity nears 3-year high BRUSSELS: Eurozone business activity hit a near three-year high point in April as a modest economic recovery gained momentum and began creating jobs, a closely watched survey showed on Wednesday.Markit Economics said its Eurozone Composite Purchasing Managers Index (PMI) for April, a leading indicator of overall economic activity, jumped to 54 points from 53.1 in March, the highest reading since May 2011.Copyright AFP (Agence France-Presse), 2014

Pak, UAE navies bilateral exercise Nasl-al-Bahr-2014 from Apr 20 KARACHI: Joint Pakistan Navy (PN) and United Arab Emirates (UAE) naval exercise NASL Al BAHR meaning "Sea Blade" is being conducted in Pakistani waters from April 20 to 26.Two UAE ships namely ABU DHABI and AL HESEN along with maritime patrol aircraft DASH-08 and Special Force elements are participating in the exercise with Pakistan Navy.The exercise would provide an opportunity for both navies to share experience, refine tactical doctrines/procedures and progressively enhance its scope.This was ...

Obama dreams of sushi on first night in Tokyo TOKYO: US President Barack Obama will reportedly dine at a tiny Tokyo sushi restaurant on Wednesday -- a place with three coveted Michelin stars but only a handful of seats -- ruled with an iron rod by its redoubtable 88-year-old owner, Jiro.The world's most powerful man, who will be dining with Japanese Prime Minister Shinzo Abe, will be entirely at the mercy of Jiro Ono, whose exacting standards and tireless work ethic have made him ...

RECORDER REPORT: KSE mid day update KARACHI: On Wednesday, until mid day, KSE-100 Index was at 29089.56 with a negative change of 102.28 and volume of 73,856,060 shares.High and Low were 29350.21 and 29071.44 respectively. Total volume traded in the market was 117,722,610 shares with 301 total traded companies out of which 142 were up, 145 were down and 14 were unchanged.Commercial Banks was the top traded sector with total traded volume of 17,160,600 shares. It was followed by Construction and ...

US says Pakistan vitally important to the world WASHINGTON: Underscoring Pakistan's vital importance to the world, the US Defence Department has said nothing has changed the American desire to work with the country against common threat of terror."Pakistan is an -- it's an important country in an important place in the world. And nothing has changed about our desire to continue to work with Pakistan on what is very much a common threat", Pentagon Press Secretary Rear Admiral John Kirby said.He said the ...

Tokyo stocks close up 1.09pc TOKYO: Tokyo stocks ended 1.09 percent higher Wednesday, buoyed by another day of gains on Wall Street and as railway and hotels giant Seibu Holdings rose nearly 11 percent on its return to the Japanese market.The Nikkei 225 index closed 157.50 points higher to finish at 14,546.27, while the Topix index of all first-section issues rose 0.97 percent, or 11.31 points, to 1,173.81.Copyright AFP (Agence France-Presse), 2014


Index Closing Chg%
Arrow DJIA 16,501.65 0.08
Arrow Nasdaq 4,126.97 0.83
Arrow S&P 1,875.39 0.22
Arrow FTSE 6,674.74 0.11
Arrow DAX 9,544.19 0.58
Arrow CAC-40 4,451.08 0.74
Arrow Nikkei 14,546.27 1.09
Arrow H.Seng 22,509.64 0.97
Arrow Sensex 22,876.54 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln