BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2012-01-20
Karachi Police arrest fake army general
Top News

Karachi Police arrest fake army general

KARACHI: Police have arrested a man who spent three years posing as a general to grab land and solicit favours from the
Published 20 Jan, 2012 04:48pm
US home sales rise for third month
Top News

US home sales rise for third month

WASHINGTON: Sales of previously owned homes in the United States surged five percent in December from November, industry
Published 20 Jan, 2012 04:44pm
Gold slips to Rs 48,257
Top News

Gold slips to Rs 48,257

KARACHI: Gold slipped by Rs 257 to close at Rs 48,257 per 10 grams in the local market Friday as its international price
Published 20 Jan, 2012 04:35pm
Japan offers US support on Iran
Top News

Japan offers US support on Iran

TOKYO: Japan pledged on Friday to keep cutting purchases of Iranian crude in the clearest public offer of support yet am
Published 20 Jan, 2012 03:59pm
RECORDER REPORT: KSE close of day
Top News

RECORDER REPORT: KSE close of day

KARACHI : The Karachi share market on Friday witnessed bullish trend with record high trades ahead of member meeting w
Published 20 Jan, 2012 01:17pm
TCP awards contracts for 250,000MT urea
Top News

TCP awards contracts for 250,000MT urea

KARACHI : Trading Corporation of Pakistan (TCP) has awarded contracts for the supply of 250,000 metric tons of imported
Published 20 Jan, 2012 12:37pm
RECORDER REPORT: KSE Mid day update
Top News

RECORDER REPORT: KSE Mid day update

KARACHI: On Friday, until end of first session, KSE-100 Index was at 11,772.98 with a net positive change of 257.39 and
Published 20 Jan, 2012 07:46am
RECORDER REPORT: KSE morning update
Top News

RECORDER REPORT: KSE morning update

KARACHI : Bullish trend was witnessed at Karachi share market from the opening of the session on Friday on expectation
Published 20 Jan, 2012 06:07am
German, Italian aid workers kidnapped
Top News

German, Italian aid workers kidnapped

MULTAN: A German aid worker and his Italian colleague have been kidnapped at gunpoint in central shrine city of Multan,
Published 20 Jan, 2012 04:24am
H1 services deficit surges to $1.3bn
Top News

H1 services deficit surges to $1.3bn

RIZWAN BHATTI KARACHI: The country's services trade deficit has registered exceptionally high growth of 274 percent t
Published 20 Jan, 2012 04:15am
Oil mixed in Asian trade
Energy

Oil mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade Friday as traders weighed news of weakening demand for petrol in the Uni
Published 20 Jan, 2012 03:38am
Recession looming
BR Research

Recession looming

The global economy is at a tipping point. Despite serious efforts made by policy makers, the worlds largest economic bloc is threatened by a
Published 20 Jan, 2012 12:00am
Educated and unemployed
BR Research

Educated and unemployed

Ask anyone in Pakistan and most will agree that acquiring education is a surefire way of climbing up the social ladder. Ask seasoned economi
Published 20 Jan, 2012 12:00am
LDA interview schedule announced

LDA interview schedule announced

Lahore Develop-ment Authority (LDA) on Thursday announced schedule of interviews for recruitment to posts of assistant directors in different cadres as well as deputy director Town Planning Wing of the authority. According to a spokesperson of LDA, interv
Published 20 Jan, 2012 12:00am
Pakistan crush England

Pakistan crush England

Pakistan crushed England, the world's top-ranked Test team, by 10 wickets inside three days of the first Test in Dubai to go 1-0 up in the three-match series on Thursday. Having conceded a 146-run first innings lead, England collapsed to 160 all out in th
Published 20 Jan, 2012 12:00am
Pakistan crush England

Pakistan crush England

Pakistan crushed England, the world's top-ranked Test team, by 10 wickets inside three days of the first Test in Dubai to go 1-0 up in the three-match series on Thursday. Having conceded a 146-run first innings lead, England collapsed to 160 all out in th
Published 20 Jan, 2012 12:00am
Sri Lanka shakes up cricket after poor run

Sri Lanka shakes up cricket after poor run

Sri Lanka shook up the domestic cricket scene Thursday by appointing a new panel to choose future players, following the national team's abysmal performance during their current tour of South Africa. Sports minister Mahindananda Aluthgamage named a four-m
Published 20 Jan, 2012 12:00am
Coleman confirmed as new Wales boss

Coleman confirmed as new Wales boss

Chris Coleman was confirmed as the new manager of Wales on Thursday, replacing Gary Speed following his tragic death last November. The Football Association of Wales (FAW) said in a statement on its website that Coleman, a close friend and former internat
Published 20 Jan, 2012 12:00am
Djokovic, Murray romp

Djokovic, Murray romp

Budding Hollywood actor Novak Djokovic led the way with a 6-3 6-2 6-1 demolition of Santiago Giraldo as a trio of former Australian Open champions reduced their opponents to bit-part characters on Thursday. Djokovic makes his acting bow in the blockbuster
Published 20 Jan, 2012 12:00am
Mobilink joins hands with PCB on Pak-England series

Mobilink joins hands with PCB on Pak-England series

Mobilink Jazz has partnered with Pakistan Cricket Board to organise the Pakistan-England cricket series, which has been titled "Mobilink Jazz Cup 2012". The cup, being organised in United Arab Emirates, comprises three tests, four one day internationals,
Published 20 Jan, 2012 12:00am
Sprite Lahore Cricket League launched

Sprite Lahore Cricket League launched

The Coca-Cola Company, in line with its philosophy of providing avenues for healthy activity to the youth of Pakistan, has launched "Sprite Lahore Cricket League" in partnership with Lahore Regional Cricket Association. Through the Sprite Lahore Cricket L
Published 20 Jan, 2012 12:00am
Afridi hits jackpot in Bangladesh auction

Afridi hits jackpot in Bangladesh auction

Pakistani all-rounder Shahid Afridi was the most expensive of a host of international stars sold at the inaugural auction for the new Bangladesh Premier League on Thursday as he fetched $700,000. The former Pakistani captain hit the jackpot in a secret bi
Published 20 Jan, 2012 12:00am
First blood to Barca against Real in Cup

First blood to Barca against Real in Cup

Barcelona came from behind to beat holders Real Madrid 2-1 in the first leg of an increasingly bad-tempered Spanish Cup quarter-final in the Santiago Bernabeu on Wednesday. Second half goals from veteran defenders Carles Puyol and Eric Abidal overturned a
Published 20 Jan, 2012 12:00am
FIFA eyes $200 million profit from 2014 World Cup

FIFA eyes $200 million profit from 2014 World Cup

World football's governing body FIFA is hoping to achieve a profit of $200 million (155 million euros) during the 2014 World Cup in Brazil, FIFA secretary general Jerome Valcke said on Thursday. "The 2014 World Cup should bring in $3,500 million, while ex
Published 20 Jan, 2012 12:00am
Sterling rises versus dollar

Sterling rises versus dollar

Sterling edged higher against the dollar on Thursday, tracking gains in the euro versus the dollar after solid demand at a Spanish debt auction, but its rise was limited by weak consumer confidence data that added to concerns about the UK economy. The pou
Published 20 Jan, 2012 12:00am
Indian rupee rises for 6th day

Indian rupee rises for 6th day

The Indian rupee extended its gains to the sixth straight session on Thursday, driven by robust dollar inflows and a surge in local equities, as risk appetite improved on news the IMF would step up its role in tackling the euro zone debt crisis. The rupee
Published 20 Jan, 2012 12:00am
Won soars to six-week high

Won soars to six-week high

The South Korean won hit a six-week high on Thursday on optimism the International Monetary Fund may be able to double its war chest to lend money to countries struggling from euro zone debt woes. The local currency finished its session at 1,137.1 against
Published 20 Jan, 2012 12:00am
Swiss franc flat

Swiss franc flat

The Swiss franc was treading water against the euro and the dollar on Thursday, catching its breath after the previous day's gains, as investors awaited the outcome of bond sales by Spain and France later in the session. The franc was stable against the d
Published 20 Jan, 2012 12:00am
Euro stays up

Euro stays up

The euro rose against the dollar for a second session on Wednesday on increased risk tolerance after reports about a possible increase in the International Monetary Fund's lending capabilities and Fitch Ratings playing down an Italian default. The single
Published 20 Jan, 2012 12:00am
Midday trade in New York: euro rises to two-week high

Midday trade in New York: euro rises to two-week high

The euro advanced to a two-week high against the US dollar on Thursday as a solid Spanish debt auction and improving risk tolerance prompted investors to reduce overextended short positions on the single currency. Analysts, however, believed the euro's ga
Published 20 Jan, 2012 12:00am
Euro rises in London

Euro rises in London

The euro rose on Thursday, supported by a solid response to a Spanish debt auction with an improvement in risk appetite spurring investors to unwind bearish positions, although brief rallies are unlikely to break the single currency's downtrend.
Published 20 Jan, 2012 12:00am
Euro gains in Asia

Euro gains in Asia

The euro pushed higher in Asia on Thursday but failed to crack resistance as investors remained wary due to European debt auctions later in the session, while downbeat Australian jobs data rained on the Aussie's parade. The euro pushed against resistance
Published 20 Jan, 2012 12:00am
Growth currencies shine in 2012 but risks lurk

Growth currencies shine in 2012 but risks lurk

Growth-linked currencies such as the Australian, New Zealand and Canadian dollars have gained broadly in the New Year, but concerns about slowing global activity and worries about a euro zone debt default could take some of the shine off. Investor appetit
Published 20 Jan, 2012 12:00am
Banks lift FTSE 100

Banks lift FTSE 100

Britain's top share index closed higher on Thursday, led by banks after bullish earnings from their US peers and with hopes building that the recent co-ordinated action by central banks and the IMF would be enough to avoid an economic crisis. The FTSE 100
Published 20 Jan, 2012 12:00am
Australian shares turn lower

Australian shares turn lower

Australian shares ended near flat on Thursday, shedding earlier gains and underperforming stock markets elsewhere in Asia after domestic employment data showed a surprise fall of almost 30,000 jobs in December. The market, which had gained as much as 0.9
Published 20 Jan, 2012 12:00am
Banks lead fourth day of European share rally

Banks lead fourth day of European share rally

European shares advanced for a fourth straight session on Thursday as strong auctions of euro zone debt and encouraging results from top US banks triggered a high-volume rally led by battered financial stocks. Euro zone banks, which had fallen 38 percent
Published 20 Jan, 2012 12:00am
Nikkei climbs

Nikkei climbs

Japan's Nikkei average hit a five-week closing high on Thursday, soaring past its 75-day moving average as the euro climbed on news that the International Monetary Fund is seeking to bolster its funds to stem the euro zone sovereign debt crisis. Major exp
Published 20 Jan, 2012 12:00am
Seoul stocks rally to five-week high

Seoul stocks rally to five-week high

Seoul shares rose to a five-week high on Thursday, backed by a foreign investor buying binge as hopes that the International Monetary Fund would beef up its lending capacity soothed euro zone worries. "Although a rally in US and European shares lent stron
Published 20 Jan, 2012 12:00am
Treasuries decline

Treasuries decline

US Treasuries prices fell on Wednesday as prospects that the International Monetary Fund will raise funds to help ease pressures on countries reeling from the euro zone crisis reduced the safe-haven bid for bonds. The IMF is seeking to boost its war chest
Published 20 Jan, 2012 12:00am
Treasuries decline

Treasuries decline

US Treasuries prices fell on Wednesday as prospects that the International Monetary Fund will raise funds to help ease pressures on countries reeling from the euro zone crisis reduced the safe-haven bid for bonds. The IMF is seeking to boost its war chest
Published 20 Jan, 2012 12:00am
Wall Street up as IMF offers Europe hope

Wall Street up as IMF offers Europe hope

US stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits. The stronge
Published 20 Jan, 2012 12:00am
Thursday's midday trade: stocks soar on banks

Thursday's midday trade: stocks soar on banks

US stocks rose on Thursday, putting the S&P on track for its third straight advance after earnings from Bank of America and Morgan Stanley lifted financials and strong demand at European bond auctions eased concerns over Europe. Bank of America Corp climb
Published 20 Jan, 2012 12:00am
Hong Kong, China shares gain

Hong Kong, China shares gain

Hong Kong shares rose to a two-month high and Shanghai's benchmark inched back towards stubborn chart resistance on Thursday, with financial shares leading gains on hopes of further policy easing in China. Investors covering short-positions ahead of the l
Published 20 Jan, 2012 12:00am
Asian markets move higher

Asian markets move higher

Singapore shares rose, led by gains in commodities firms Olam International and Noble Group, with regional markets higher after the International Monetary Fund sought more funds to help countries cope with the euro zone debt crisis. Shares of Singapore pl
Published 20 Jan, 2012 12:00am
Sony Ericsson ends 2011 in red after fourth quarter loss

Sony Ericsson ends 2011 in red after fourth quarter loss

Mobile phone manufacturer Sony Ericsson said Thursday that intense competition slammed fourth quarter sales and forced it to post a loss of 247 million euros ($318 million) for the year, compared with a 90-million-euro net profit in 2010.
Published 20 Jan, 2012 12:00am
Sony Ericsson ends 2011 in red after fourth quarter loss

Sony Ericsson ends 2011 in red after fourth quarter loss

Mobile phone manufacturer Sony Ericsson said Thursday that intense competition slammed fourth quarter sales and forced it to post a loss of 247 million euros ($318 million) for the year, compared with a 90-million-euro net profit in 2010.
Published 20 Jan, 2012 12:00am
India's finance ministry wants $56/bbl upstream subsidy

India's finance ministry wants $56/bbl upstream subsidy

India's finance ministry has suggested upstream companies should give a discount of $56 per barrel to state fuel retailers this fiscal year, government sources said, a move that could raise their subsidy payout by over 60 percent from a year ago.
Published 20 Jan, 2012 12:00am
Spain favours CaixaBank, Bankia merger

Spain favours CaixaBank, Bankia merger

Spain's government is pushing for former savings banks CaixaBank and Bankia to merge as it struggles to shore up the ailing sector without pouring in more public money, sources said. A merger of Madrid-based Bankia and its Barcelona-based counterpart woul
Published 20 Jan, 2012 12:00am
Momentum to drain from world economy in 2012

Momentum to drain from world economy in 2012

The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth. Asian economies will again power the expansion of the
Published 20 Jan, 2012 12:00am
ECB chief sees euro performing better this year

ECB chief sees euro performing better this year

The euro will perform better this year, the chief of the European Central Bank said on Thursday, noting that, while the eurozone is showing signs of economic stabilisation, downward risks linger. "I am confident that the euro will be in a better shape in
Published 20 Jan, 2012 12:00am
China agency warns of collapse in euro confidence

China agency warns of collapse in euro confidence

Chinese ratings agency Dagong has warned that Europe's debt problems would cause a collapse of confidence in the euro, and predicted a worsening of the global financial crisis this year. The agency said the world's economic woes would grow more severe in
Published 20 Jan, 2012 12:00am
BoA profit boosted by one-time gains

BoA profit boosted by one-time gains

Signs of improvement in the US economy and gains from asset sales helped Bank of America Corp post a quarterly profit, sending its shares higher, but the second-largest US bank still needs more capital and with little left to sell, it is becoming creative
Published 20 Jan, 2012 12:00am
BoA profit boosted by one-time gains

BoA profit boosted by one-time gains

Signs of improvement in the US economy and gains from asset sales helped Bank of America Corp post a quarterly profit, sending its shares higher, but the second-largest US bank still needs more capital and with little left to sell, it is becoming creative
Published 20 Jan, 2012 12:00am
New S&P ratings chief defends US, Europe downgrades

New S&P ratings chief defends US, Europe downgrades

The new chief of Standard & Poor's on Thursday defended the ratings agency's downgrade of US and European bonds and denied his firm had grown more aggressive since the 2008 financial crisis. Doug Peterson, who took the helm in September, told the Wall Str
Published 20 Jan, 2012 12:00am
Relief in Spain, tension in Greece for eurozone

Relief in Spain, tension in Greece for eurozone

The embattled eurozone cleared a major funding test on Thursday when Spain romped through a key bond sale, while signs pointed to only a mild recession for the 17-nation bloc. Talks between Greece and its creditors remained deadlocked, however, threatenin
Published 20 Jan, 2012 12:00am
US jobless claims near four-year low

US jobless claims near four-year low

The number of Americans filing for new jobless benefits dropped to a near four-year low last week, pointing to some building up of momentum in the labour market and the economy. But the upbeat economic outlook was dampened by other data on Thursday showin
Published 20 Jan, 2012 12:00am
Morgan Stanley posts fourth quarter loss

Morgan Stanley posts fourth quarter loss

A special charge pushed Morgan Stanley into the red in the fourth quarter, but the Wall Street bank still posted better-than-expected results by cutting noncompensation costs, sending its shares higher. Morgan Stanley lost $275 million, or 15 cents per sh
Published 20 Jan, 2012 12:00am
Morgan Stanley posts fourth quarter loss

Morgan Stanley posts fourth quarter loss

A special charge pushed Morgan Stanley into the red in the fourth quarter, but the Wall Street bank still posted better-than-expected results by cutting noncompensation costs, sending its shares higher. Morgan Stanley lost $275 million, or 15 cents per sh
Published 20 Jan, 2012 12:00am
Bank bonuses 'out of control', says Cameron

Bank bonuses 'out of control', says Cameron

Bonuses in Britain's financial services sector have been "out of control" in recent years, Prime Minister David Cameron said on Thursday, unveiling plans to cap cash rewards again at state-backed banks. Cameron said his coalition government would next wee
Published 20 Jan, 2012 12:00am
UK fund houses hit by client exits

UK fund houses hit by client exits

British asset managers suffered a wave of withdrawals in the final three months of last year, as clients fretting about a deepening eurozone crisis and choppy financial markets trimmed exposure to investment funds. Jupiter Fund Management reported its fir
Published 20 Jan, 2012 12:00am
Cotton output heading towards record level

Cotton output heading towards record level

According to the latest assessments in cotton trade, there is a possibility that output during the current season (August 2011-July 2012) may reach a record level exceeding the earlier highest production of figure of 14.265 million domestic size bales in
Published 20 Jan, 2012 12:00am
Cotton output heading towards record level

Cotton output heading towards record level

According to the latest assessments in cotton trade, there is a possibility that output during the current season (August 2011-July 2012) may reach a record level exceeding the earlier highest production of figure of 14.265 million domestic size bales in
Published 20 Jan, 2012 12:00am
Shanghai steel hovers near three-month high

Shanghai steel hovers near three-month high

Shanghai steel futures stayed near three-month highs on Thursday, tracking gains in other commodities spurred by news the International Monetary Fund is boosting resources to aid countries hit by the euro zone debt crisis. Asian equities rose to a two-mon
Published 20 Jan, 2012 12:00am
Prices turn higher on cotton market amid improved business

Prices turn higher on cotton market amid improved business

Upward trend was witnessed on the cotton market on Thursday as mills and exporters made hectic buying to meet immediate needs, dealers said. The official spot rate was inert at Rs 5,500, they said. Prices of seedcotton in Sindh were at Rs 1800-2200 and in
Published 20 Jan, 2012 12:00am
Oil cake market rates

Oil cake market rates

No change was seen on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The January contract that had ended at Rs 1156.50 commenced with no change at the same level. The new March vaida which closed at 773.40 and opene
Published 20 Jan, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 122,836 tonnes of cargo comprising 81,777 tonnes of import cargo and 41,059 tonnes of export cargo including 3,192 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 81,777 to
Published 20 Jan, 2012 12:00am
French analyst cuts EU's 2012 soft wheat crop

French analyst cuts EU's 2012 soft wheat crop

The European Union's soft wheat crop should reach 133.3 million tonnes in 2012, an estimate lowered by 200,000 tonnes from December but still 3 percent above the 2011/12 season, French analyst Strategie Grains said on Thursday. The revision was mainly due
Published 20 Jan, 2012 12:00am
Listless business seen on grain market

Listless business seen on grain market

Sluggish business was seen on the wholesale grain market on Thursday as buyers were on the sidelines in process of trading, dealers said. On the rice sector Irri-6 Sindh low type was unchanged at Rs 3000 while the best type was up by Rs 100 to Rs 3100, ot
Published 20 Jan, 2012 12:00am
Libya buys 50,000 tonnes of Russian wheat

Libya buys 50,000 tonnes of Russian wheat

A buyer in Libya has purchased 50,000 tonnes of Russian-origin milling wheat, European traders said on Wednesday. Some 25,000 tonnes was for shipment by end February and 25,000 tonnes by end March. The 12.5 percent protein Russian wheat was purchased for
Published 20 Jan, 2012 12:00am
Top 550 Universities of the World

Top 550 Universities of the World

Founded in 1999 Mr M.A Raoof, under the auspices of the Ibadat Education Trust, the University of Lahore has created a name for itself in the field of higher education and is regarded as one of the premier private sector General Universities of Pakistan w
Published 20 Jan, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 20 Jan, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 20 Jan, 2012 12:00am
Habib Bank declares PLS profit rates

Habib Bank declares PLS profit rates

Habib Bank limited have declared the PLS profit rates on various categories of PLS deposits for the period of six months ended 31st December 2011.

Published 20 Jan, 2012 12:00am
Habib Bank declares PLS profit rates

Habib Bank declares PLS profit rates

Habib Bank limited have declared the PLS profit rates on various categories of PLS deposits for the period of six months ended 31st December 2011.

Published 20 Jan, 2012 12:00am
Bank Alfalah declares PLS profit rates

Bank Alfalah declares PLS profit rates

Bank Alfalah limited have declared the PLS profit rates on various categories of PLS deposits for the period of six months ended 31st December 2011.

Published 20 Jan, 2012 12:00am
Bank Alfalah declares PLS profit rates

Bank Alfalah declares PLS profit rates

Bank Alfalah limited have declared the PLS profit rates on various categories of PLS deposits for the period of six months ended 31st December 2011.

Published 20 Jan, 2012 12:00am
Soneri Bank limited declares PLS profit rates

Soneri Bank limited declares PLS profit rates

Soneri Bank limited have declared the PLS profit rates on various categories of PLS deposits for the period of six months ended 31st December 2011.

Published 20 Jan, 2012 12:00am
Soneri Bank limited declares PLS profit rates

Soneri Bank limited declares PLS profit rates

Soneri Bank limited have declared the PLS profit rates on various categories of PLS deposits for the period of six months ended 31st December 2011.

Published 20 Jan, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 20 Jan, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 20 Jan, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 19, 2012).
Published 20 Jan, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Pakistan-US ties on hold for 're-evaluation', says Hina

Pakistan-US ties on hold for 're-evaluation', says Hina

Pakistan's ties with the United States remain on hold following a Nato cross-border air attack, the country's foreign minister said, and Washington should not push Islamabad to go after militant groups or bring them to the Afghan peace process. "Now that
Published 20 Jan, 2012 12:00am
Pakistan-US ties on hold for 're-evaluation', says Hina

Pakistan-US ties on hold for 're-evaluation', says Hina

Pakistan's ties with the United States remain on hold following a Nato cross-border air attack, the country's foreign minister said, and Washington should not push Islamabad to go after militant groups or bring them to the Afghan peace process. "Now that
Published 20 Jan, 2012 12:00am
Islamabad to re-open Nato route

Islamabad to re-open Nato route

Pakistan expects to re-open supply routes to Nato forces in Afghanistan, halted after a Nato cross-border air attack killed 24 Pakistani soldiers in November, but will impose tariffs, a senior security official told Reuters on Thursday. The move suggests
Published 20 Jan, 2012 12:00am
Islamabad to re-open Nato route

Islamabad to re-open Nato route

Pakistan expects to re-open supply routes to Nato forces in Afghanistan, halted after a Nato cross-border air attack killed 24 Pakistani soldiers in November, but will impose tariffs, a senior security official told Reuters on Thursday. The move suggests
Published 20 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Norway's intelligence chief resigns

Norway's intelligence chief resigns

The head of Norway's intelligence service (PST), widely criticised after the July 22 attacks last year, has resigned after hinting Oslo has agents in Pakistan, the justice ministry said Thursday. Amid heightened tensions between Pakistan and the West, her
Published 20 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Norway's intelligence chief resigns

Norway's intelligence chief resigns

The head of Norway's intelligence service (PST), widely criticised after the July 22 attacks last year, has resigned after hinting Oslo has agents in Pakistan, the justice ministry said Thursday. Amid heightened tensions between Pakistan and the West, her
Published 20 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
'President has immunity... there's no doubt about that'

'President has immunity... there's no doubt about that'

Prime Minister Syed Yousuf Raza Gilani informed the Supreme Court on Thursday that constitutional immunity to the President had hindered him from writing a letter to Swiss authorities for opening cases against him. Counsel for the Prime Minister Aitzaz Ah
Published 20 Jan, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
'President has immunity... there's no doubt about that'

'President has immunity... there's no doubt about that'

Prime Minister Syed Yousuf Raza Gilani informed the Supreme Court on Thursday that constitutional immunity to the President had hindered him from writing a letter to Swiss authorities for opening cases against him. Counsel for the Prime Minister Aitzaz Ah
Published 20 Jan, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Economy shows strong signs of stability, National Assembly told

Economy shows strong signs of stability, National Assembly told

Prime Min-ister Yousuf Raza Gilani on Thursday said Pakistan's economy has shown stability and resilience despite global recession and plethora of internal challenges such as war on terror, floods and energy crisis. The Prime Minister said this while givi
Published 20 Jan, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Thursday (January 19, 2012).

Published 20 Jan, 2012 12:00am
Economy shows strong signs of stability, National Assembly told

Economy shows strong signs of stability, National Assembly told

Prime Min-ister Yousuf Raza Gilani on Thursday said Pakistan's economy has shown stability and resilience despite global recession and plethora of internal challenges such as war on terror, floods and energy crisis. The Prime Minister said this while givi
Published 20 Jan, 2012 12:00am
Economy shows strong signs of stability, National Assembly told

Economy shows strong signs of stability, National Assembly told

Prime Min-ister Yousuf Raza Gilani on Thursday said Pakistan''s economy has shown stability and resilience despite global recession and plethora of internal challenges such as war on terror, floods and energy crisis. The Prime Minister said this while giv
Published 20 Jan, 2012 12:00am
Iran warns region against 'dangerous' stance on Hormuz

Iran warns region against 'dangerous' stance on Hormuz

Iran's foreign minister warned Arab neighbours on Thursday not to put themselves in a "dangerous position" by aligning themselves too closely with the United States in the escalating dispute over Tehran's nuclear activity. Iran has threatened to close the
Published 20 Jan, 2012 12:00am
Iran warns region against 'dangerous' stance on Hormuz

Iran warns region against 'dangerous' stance on Hormuz

Iran's foreign minister warned Arab neighbours on Thursday not to put themselves in a "dangerous position" by aligning themselves too closely with the United States in the escalating dispute over Tehran's nuclear activity. Iran has threatened to close the
Published 20 Jan, 2012 12:00am
Index loses 32.13 points

Index loses 32.13 points

The KSE-100 index on Thursday lost 32.13 points to close at 11,515.59 level due to profit-taking in late hours. The market opened on a positive note and the index hit 11,652.74 points intra-day high. However, the investors opted for profit-taking in late
Published 20 Jan, 2012 12:00am
Index loses 32.13 points

Index loses 32.13 points

The KSE-100 index on Thursday lost 32.13 points to close at 11,515.59 level due to profit-taking in late hours. The market opened on a positive note and the index hit 11,652.74 points intra-day high. However, the investors opted for profit-taking in late
Published 20 Jan, 2012 12:00am
Index loses 32.13 points

Index loses 32.13 points

The KSE-100 index on Thursday lost 32.13 points to close at 11,515.59 level due to profit-taking in late hours. The market opened on a positive note and the index hit 11,652.74 points intra-day high. However, the investors opted for profit-taking in late
Published 20 Jan, 2012 12:00am
BRIndex30 sheds 58.24 points

BRIndex30 sheds 58.24 points

On Thursday, BRIndex30 opened at 8,682.09. It touched an intraday high of 8,748.62 and an intraday Low of 8,603.20 and closed at 8,623.85 which was -58.24 points or -0.67 percent lower than previous close. Total volume was 70,926,708, which was 76.7 perce
Published 20 Jan, 2012 12:00am
BRIndex30 sheds 58.24 points

BRIndex30 sheds 58.24 points

On Thursday, BRIndex30 opened at 8,682.09. It touched an intraday high of 8,748.62 and an intraday Low of 8,603.20 and closed at 8,623.85 which was -58.24 points or -0.67 percent lower than previous close. Total volume was 70,926,708, which was 76.7 perce
Published 20 Jan, 2012 12:00am
No by-election on existing electoral rolls: Supreme Court

No by-election on existing electoral rolls: Supreme Court

The Supreme Court on Thursday directed the Election Commission of Pakistan to prepare verified voter lists before elections in constituencies where required. It also issued a stay order against the upcoming by-elections on existing electoral rolls that ha
Published 20 Jan, 2012 12:00am
No by-election on existing electoral rolls: Supreme Court

No by-election on existing electoral rolls: Supreme Court

The Supreme Court on Thursday directed the Election Commission of Pakistan to prepare verified voter lists before elections in constituencies where required. It also issued a stay order against the upcoming by-elections on existing electoral rolls that ha
Published 20 Jan, 2012 12:00am
Visa issued to Ijaz

Visa issued to Ijaz

Pakistan High Commission in the UK on Thursday issued visa to Mansoor Ijaz, the Pakistani-American businessman and the main character in Memogate scandal, Aaj News reported. According to the channel, Mansoor Ijaz personally visited the office of Pa
Published 20 Jan, 2012 12:00am
Visa issued to Ijaz

Visa issued to Ijaz

Pakistan High Commission in the UK on Thursday issued visa to Mansoor Ijaz, the Pakistani-American businessman and the main character in Memogate scandal, Aaj News reported. According to the channel, Mansoor Ijaz personally visited the office of Pa
Published 20 Jan, 2012 12:00am
Fed sells $7 billion in AIG assets to Credit Suisse

Fed sells $7 billion in AIG assets to Credit Suisse

The New York Federal Reserve on Thursday said it had sold $7 billion in residential mortgage-backed assets acquired in its AIG bailout to Swiss bank Credit Suisse. The New York Fed did not disclose the amount Credit Suisse paid for the assets, which it sa
Published 20 Jan, 2012 12:00am
Eni, Repsol quit Saudi Arabia gas hunt

Eni, Repsol quit Saudi Arabia gas hunt

Italy's Eni and Spain's Repsol have given up looking for gas in Saudi Arabia's Empty Quarter, two sources familiar with the joint venture with Saudi Aramco said. State-run Aramco invited international energy companies to search the vast desert of south-ea
Published 20 Jan, 2012 12:00am
Scientists report breakthrough in seaweed biofuel

Scientists report breakthrough in seaweed biofuel

Energy experts believe that seaweed holds enormous potential as a biofuel alternative to coal and oil, and US-based scientists said Thursday they have unlocked the secret of turning its sugar into energy. A newly engineered microbe can do the work by meta
Published 20 Jan, 2012 12:00am
Previous Day