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Saudi Arabia has replaced intelligence chief Prince Bandar bin Sultan, the kingdom's pointman on the Syrian conflict, "at his own request," the official SPA news agency announced Tuesday. In a royal decree, the powerful official was "exempted... from his position at his own request" and replaced by his deputy, Yousef al-Idrissi.

Masked gunmen kidnapped Jordan's ambassador to Libya as he rode to work in Tripoli on Tuesday, shooting at his car and wounding his driver, officials said. It was the latest targeting of Libyan leaders and foreign diplomats in the increasingly lawless North African country, three years after Nato-backed rebels ousted autocratic leader Moamer Qadhafi.
An Egyptian court on Tuesday banned members of ousted president Mohamed Morsi's Muslim Brotherhood from running in upcoming elections, a lawyer and state media said. Egypt's military-installed authorities are engaged in a deadly crackdown against the Islamist movement, which swept elections in Egypt after the overthrow of president Hosni Mubarak in 2011 but is now blacklisted as a "terrorist group."
Karachi Stock Exchange Tuesday witnessed a volatile session as the KSE-100 Index managed to recover only one point to close at 29,095 points against 29,094 points Monday. During the intraday trading, the 100-Index touched 29,176 highest and 28,853 lowest levels. The trading side remained on the higher side and the volumes at the ready counter moved up to 386.665 million shares from 295.573 million shares.
On Tuesday, BRIndex30 opened at 17,451.72. It touched an intraday high of 17,574.25 and an intraday low of 17,355.66 and closed at 17,460.86, which was 9.14 points or 0.05 percent higher than previous close. Total volume was 243,547,900, which was 62.99 percent of KSE All share volume and 94.72 percent of KSE 100 volume. The KSE All Share volume was 386,665,740 and KSE 100 volume was 257,129,890.
Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 15, 2014).

Pakistan on Monday called for preparing a Country Partnership Strategy with the Republic of Korea for the next three years, mainly in fields of trade and investment. Prime Minister Muhammad Nawaz Sharif heading a delegation-level meeting with the Prime Minister of Republic of Korea, Chung Hong-won at the PM House here, said Pakistan and Korea needed to mutually exploit their trade potential.


Index Closing Chg%
Arrow DJIA 16,262.56 0.55
Arrow Nasdaq 4,034.16 0.29
Arrow S&P 1,842.98 0.68
Arrow FTSE 6,541.61 0.64
Arrow DAX 9,173.71 1.77
Arrow CAC-40 4,345.35 0.83
Arrow Nikkei 13,996.81 0.62
Arrow H.Seng 22,671.26 1.60
Arrow Sensex 22,484.93 0.64

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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