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FIR over Qureshi residence attack registered: Ahsan Iqbal ISLAMABAD: Minister for Planning and Development Ahsan Iqbal Friday said a First Information Report (FIR) of the attack on residence of Pakistan Tehreek-i-Insaf (PTI) Vice Chairman Shah Mehmood Qureshi in Multan has been registered.Talking to a private television channel, he said stern action would be taken against perpetrators of the attack and brought them to book.Commenting on the prevailing political situation, he said the government showed maximum restraint and was still trying to resolve the issue through negotiations.He said national economy was suffering due to marches and sit-ins and the government was making all possible efforts to defuse the tension at earliest.He said both houses of the Parliament have passed unanimous resolutions and rejected the unconstitutional demands of the resignation and dissolutions of the assembelies.He said all parliemantarians were standing united to protect democracy.Copyright APP (Associated Press of Pakistan), 2014

CM Sindh asks KMC to bring 36 buses on road by Sept 2 KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has directed the management of KMC to bring the fleet of 36 buses on road by September 2.The Sindh CM has also asked the provincial Transport Department to complete all codal formalities of yellow line bus service by December 1, so that this project could be made functional by the end of 2015 under PPP mode of investment.He directed while presiding over a meeting regarding implementation of ...

Navy inducts second batch of Alouette Helicopters into its air arm KARACHI: Pakistan Navy, in order to further enhance effectiveness of Naval Aviation, has inducted a second batch of Alouette Helicopters into its Fleet Air Arm in a ceremony held at Naval Aviation Base here on Friday. Chief of the Naval Staff Admiral Mohammad Asif Sandila was the chief guest on the occasion, an ISPR press release said here. Keeping in view that rotary wing assets have and continue to be a vital part of Search ...

Nigeria records two new cases of Ebola ABUJA: Nigeria said on Friday that two more people had tested positive for Ebola, taking the total number of confirmed cases of the deadly virus in the country to 14, including five deaths."Nigeria has now recorded the first two cases of Ebola Virus Disease in secondary contacts of the index case," Health Minister Onyebuchi Chukwu told a news conference in Abuja."The two patients are spouses of primary contacts of the Liberian American," the minister said, ...

Scottish independence would prompt 'capital flight': HSBC LONDON: The chairman of banking giant HSBC warned on Friday that uncertainty over the economic future of Scotland could lead to "capital flight" if it votes to leave the United Kingdom next month. Writing in British daily The Telegraph, HSBC head Douglas Flint said the currency union with England was an "anchor" for Scotland's stability and leaving it "would be complex and fraught with danger".Flint, himself a Scot, is the most high-profile business leader to ...

Airlines and Petrofac lead UK's FTSE lower LONDON: Britain's top equity index slipped back from three-week highs on Friday, with shares in airline companies hit by worries about disruption caused by possible volcanic activity in Iceland.Oil and gas services group Petrofac also underperformed, falling 1.4 percent after the company said its chairman had resigned. The blue-chip FTSE 100 index was down by 0.1 percent, or 8.29 points, at 6,769.37 points.The London stock market is closed for a public holiday on Monday. Airlines ...


Index Closing Chg%
Arrow DJIA 17,001.22 0.22
Arrow Nasdaq 4,538.55 0.14
Arrow S&P 1,988.40 0.20
Arrow FTSE 6,775.25 0.04
Arrow DAX 9,339.17 0.66
Arrow CAC-40 4,252.80 0.93
Arrow Nikkei 15,539.19 0.30
Arrow H.Seng 25,112.23 0.47
Arrow Sensex 26,419.55 0.23

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
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WeeklyAugust 15, 2014
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