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Archive - 2012-01-28
Brazil drug kingpin arrested
World

Brazil drug kingpin arrested

RIO DE JANEIRO: Police have arrested a suspected drug kingpin blamed for the downing of a police helicopter in Rio de
Published 28 Jan, 2012 06:55pm
No threat of military coup: Gilani
Top News

No threat of military coup: Gilani

DAVOS: Prime Minister Syed Yousuf Raza Gilani said there was no chance of any military coup in Pakistan, as the army des
Published 28 Jan, 2012 01:37pm
Pakistan 198-7 at lunch
Cricket

Pakistan 198-7 at lunch

ABU DHABI: Pakistan went to lunch at 198-7 on the fourth day of the second Test against England at Abu Dhabi Stadium on
Published 28 Jan, 2012 07:45am
FBR offices to remain open today
Top News

FBR offices to remain open today

RECORDER REPORT ISLAMABAD: The Federal Board of Revenue (FBR) Headquarters and its field formations would remain open
Published 28 Jan, 2012 07:05am
US union membership slipped further
Top News

US union membership slipped further

CHICAGO : The percentage of US workers represented by a union dipped slightly in 2011, the Bureau of Labor Statistics
Published 28 Jan, 2012 06:33am
By-polls: ECP changes schedule
Top News

By-polls: ECP changes schedule

RECORDER REPORT ISLAMABAD: The Election Commission of Pakistan (ECP) on Friday postponed the schedule of by-elections
Published 28 Jan, 2012 03:50am
KARACHI CHRONICLE: New housing development

KARACHI CHRONICLE: New housing development

The Naya Nazimabad and DHA City Karachi are two new residential projects that have been recently launched. They are every Karachiite's idea of paradise on earth.
Published 28 Jan, 2012 12:00am
ART FACTS: A feast for eyes and soul

ART FACTS: A feast for eyes and soul

Writing the verses of the Holy Qur'an is indeed a holy task. Every alphabet has an individual aura and aroma. It is the very reason that the Qur'anic calligraphy considered as holy, virtuous and soul inspiring renderings - a feast for the eyes and soul.
Published 28 Jan, 2012 12:00am
Karachi Zoo Under Repair

Karachi Zoo Under Repair

Good news for Karachiites, renovation of Karachi zoological garden is under progress for making it, country's well standard and beautiful zoological garden. The administrator of Karachi Metropolitan Corporation recently told media that more animals and bi
Published 28 Jan, 2012 12:00am
BRIDGE NOTES: Timing the trump squeeze

BRIDGE NOTES: Timing the trump squeeze

Many of us are perhaps not aware of what constitutes a trump squeeze. For there is no simple definition to define it. But a trump squeeze is a positional one and becomes a squeeze in which declarer's ability to ruff plays an essential role after the squee
Published 28 Jan, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 28 Jan, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 28 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 28 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 28 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 Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Nationalists sought to pit people against one another: Altaf

Nationalists sought to pit people against one another: Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain on Friday said nationalists wanted to pit people against one another. Addressing a huge public rally in Sukkur, he said people's participation in huge numbers is a referendum against the division of Sindh
Published 28 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 Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Nationalists sought to pit people against one another: Altaf

Nationalists sought to pit people against one another: Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain on Friday said nationalists wanted to pit people against one another. Addressing a huge public rally in Sukkur, he said people's participation in huge numbers is a referendum against the division of Sindh
Published 28 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 Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
By-polls: ECP changes schedule

By-polls: ECP changes schedule

The Election Commission of Pakistan (ECP) on Friday postponed the schedule of by-elections on 10 national and provincial seats on the directives of Supreme Court, fixing February 25, 2012 as polling day, instead of February 20.
Published 28 Jan, 2012 12:00am
By-polls: ECP changes schedule

By-polls: ECP changes schedule

The Election Commission of Pakistan (ECP) on Friday postponed the schedule of by-elections on 10 national and provincial seats on the directives of Supreme Court, fixing February 25, 2012 as polling day, instead of February 20.
Published 28 Jan, 2012 12:00am
Kakul Academy: rockets damage outer wall in security breach

Kakul Academy: rockets damage outer wall in security breach

Attackers on Friday fired rockets at top military academy, damaging its outer wall in a major security breach near the home where Osama bin Laden lived for years, officials said. No one was hurt in the pre-dawn attack and it was unclear who fired the nine
Published 28 Jan, 2012 12:00am
Kakul Academy: rockets damage outer wall in security breach

Kakul Academy: rockets damage outer wall in security breach

Attackers on Friday fired rockets at top military academy, damaging its outer wall in a major security breach near the home where Osama bin Laden lived for years, officials said. No one was hurt in the pre-dawn attack and it was unclear who fired the nine
Published 28 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 Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
PSM tech audit contract: Ministry to seek waiver on PPRA rules

PSM tech audit contract: Ministry to seek waiver on PPRA rules

The Ministry of Production has decided to seek waiver from PPRA Rules 2004 to award technical audit contract of Pakistan Steel Mills (PSM) amounting to $0.15 million (Rs 135 million) without withholding tax to Russian state-owned firm VO Tyazpromexport, s
Published 28 Jan, 2012 12:00am
PSM tech audit contract: Ministry to seek waiver on PPRA rules

PSM tech audit contract: Ministry to seek waiver on PPRA rules

The Ministry of Production has decided to seek waiver from PPRA Rules 2004 to award technical audit contract of Pakistan Steel Mills (PSM) amounting to $0.15 million (Rs 135 million) without withholding tax to Russian state-owned firm VO Tyazpromexport, s
Published 28 Jan, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 27, 2012).
Published 28 Jan, 2012 12:00am
PSM tech audit contract: Ministry to seek waiver on PPRA rules

PSM tech audit contract: Ministry to seek waiver on PPRA rules

The Ministry of Production has decided to seek waiver from PPRA Rules 2004 to award technical audit contract of Pakistan Steel Mills (PSM) amounting to $0.15 million (Rs 135 million) without withholding tax to Russian state-owned firm VO Tyazpromexport, s
Published 28 Jan, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Oldest Swiss bank sold amid US tax dispute

Oldest Swiss bank sold amid US tax dispute

Switzerland's oldest bank Wegelin & Co announced on Friday the sale of its non-US business to fellow Swiss bank Raiffeisen amid a legal dispute with American authorities. "As a consequence of the increasingly threatening situation surrounding Wegelin & Co
Published 28 Jan, 2012 12:00am
Oldest Swiss bank sold amid US tax dispute

Oldest Swiss bank sold amid US tax dispute

Switzerland's oldest bank Wegelin & Co announced on Friday the sale of its non-US business to fellow Swiss bank Raiffeisen amid a legal dispute with American authorities. "As a consequence of the increasingly threatening situation surrounding Wegelin & Co
Published 28 Jan, 2012 12:00am
Oldest Swiss bank sold amid US tax dispute

Oldest Swiss bank sold amid US tax dispute

Switzerland''s oldest bank Wegelin & Co announced on Friday the sale of its non-US business to fellow Swiss bank Raiffeisen amid a legal dispute with American authorities. "As a consequence of the increasingly threatening situation surrounding Wegelin & C
Published 28 Jan, 2012 12:00am
Oldest Swiss bank sold amid US tax dispute

Oldest Swiss bank sold amid US tax dispute

Switzerland''''s oldest bank Wegelin & Co announced on Friday the sale of its non-US business to fellow Swiss bank Raiffeisen amid a legal dispute with American authorities. "As a consequence of the increasingly threatening situation surrounding Wegelin &
Published 28 Jan, 2012 12:00am
Zardari launches 'Waseela-e-Haq Sindh' scheme

Zardari launches 'Waseela-e-Haq Sindh' scheme

President Asif Zardari on Friday said that his idea of currency swap for international trade had received support and so far Russia, China and Turkey have agreed to this idea.
Published 28 Jan, 2012 12:00am
Zardari launches 'Waseela-e-Haq Sindh' scheme

Zardari launches 'Waseela-e-Haq Sindh' scheme

President Asif Zardari on Friday said that his idea of currency swap for international trade had received support and so far Russia, China and Turkey have agreed to this idea.
Published 28 Jan, 2012 12:00am
MQM team, Magsi meet Zardari

MQM team, Magsi meet Zardari

A delegation of Muttahida Qaumi Movement (MQM) led by Sindh Governor Dr Ishrat-ul-Ebad Khan called on President Asif Ali Zardari at Bilawal House here on Friday evening. According to presidential spokesman Farhatullah Babar, they discussed the prevailing
Published 28 Jan, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
MQM team, Magsi meet Zardari

MQM team, Magsi meet Zardari

A delegation of Muttahida Qaumi Movement (MQM) led by Sindh Governor Dr Ishrat-ul-Ebad Khan called on President Asif Ali Zardari at Bilawal House here on Friday evening. According to presidential spokesman Farhatullah Babar, they discussed the prevailing
Published 28 Jan, 2012 12:00am
Index gains 76.30 points

Index gains 76.30 points

The KSE-100 index on Friday gained 76.30 points and closed at 11,960.22 points level on the back of investors interest in some select stocks. The market opened on a positive note and the index hit 11,981.00 points intra-day high level. During the session,
Published 28 Jan, 2012 12:00am
Index gains 76.30 points

Index gains 76.30 points

The KSE-100 index on Friday gained 76.30 points and closed at 11,960.22 points level on the back of investors interest in some select stocks. The market opened on a positive note and the index hit 11,981.00 points intra-day high level. During the session,
Published 28 Jan, 2012 12:00am
Index gains 76.30 points

Index gains 76.30 points

The KSE-100 index on Friday gained 76.30 points and closed at 11,960.22 points level on the back of investors interest in some select stocks. The market opened on a positive note and the index hit 11,981.00 points intra-day high level. During the session,
Published 28 Jan, 2012 12:00am
BRIndex30 up 121.53 points

BRIndex30 up 121.53 points

On Friday, BRIndex30 opened at 9,017.04 points and entered a clear upward trend in the second half. It touched an intraday high of 9,152.36 points and an intraday low of 8,979.33 points and closed at 9,138.57 points, which was 121.53 points or 1.35 percen
Published 28 Jan, 2012 12:00am
BRIndex30 up 121.53 points

BRIndex30 up 121.53 points

On Friday, BRIndex30 opened at 9,017.04 points and entered a clear upward trend in the second half. It touched an intraday high of 9,152.36 points and an intraday low of 8,979.33 points and closed at 9,138.57 points, which was 121.53 points or 1.35 percen
Published 28 Jan, 2012 12:00am
Musharraf delays return without setting new date

Musharraf delays return without setting new date

former president Pervez Musharraf has delayed his return home, the head of his party announced Friday after repeated threats by the country's leadership that the ex-strongman would be arrested upon arrival. "He finally decided today that he would accept t
Published 28 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Musharraf delays return without setting new date

Musharraf delays return without setting new date

former president Pervez Musharraf has delayed his return home, the head of his party announced Friday after repeated threats by the country's leadership that the ex-strongman would be arrested upon arrival. "He finally decided today that he would accept t
Published 28 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Musharraf will 'certainly' be arrested: Prime Minister

Musharraf will 'certainly' be arrested: Prime Minister

Prime Minister Syed Yusuf Raza Gilani on Friday said former President Pervez Musharraf would "certainly" be arrested if he returned to Pakistan. "In fact, there had been murder charges against him, and there had even been some very grave charges against h
Published 28 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Musharraf will 'certainly' be arrested: Prime Minister

Musharraf will 'certainly' be arrested: Prime Minister

Prime Minister Syed Yusuf Raza Gilani on Friday said former President Pervez Musharraf would "certainly" be arrested if he returned to Pakistan. "In fact, there had been murder charges against him, and there had even been some very grave charges against h
Published 28 Jan, 2012 12:00am
BoI sends 3G, 4G licences details to missions abroad

BoI sends 3G, 4G licences details to missions abroad

The Board of Investment (BoI) has dispatched the details of 3G and 4G Spectrum licences to their Honorary Investment Counsellors in foreign countries to share them with international companies, an official of BoI told Business Recorder.
Published 28 Jan, 2012 12:00am
BoI sends 3G, 4G licences details to missions abroad

BoI sends 3G, 4G licences details to missions abroad

The Board of Investment (BoI) has dispatched the details of 3G and 4G Spectrum licences to their Honorary Investment Counsellors in foreign countries to share them with international companies, an official of BoI told Business Recorder.
Published 28 Jan, 2012 12:00am
BoI sends 3G, 4G licences details to missions abroad

BoI sends 3G, 4G licences details to missions abroad

The Board of Investment (BoI) has dispatched the details of 3G and 4G Spectrum licences to their Honorary Investment Counsellors in foreign countries to share them with international companies, an official of BoI told Business Recorder.
Published 28 Jan, 2012 12:00am
Taming eurozone crisis: ECB chief, Geithner fuel hopes

Taming eurozone crisis: ECB chief, Geithner fuel hopes

European Central Bank president Mario Draghi said Friday the eurozone had made "outstanding" progress towards resolving its debt crisis as hopes grew for an imminent deal on Greece's debt burden. US Treasury Secretary Timothy Geithner also praised Europe'
Published 28 Jan, 2012 12:00am
Taming eurozone crisis: ECB chief, Geithner fuel hopes

Taming eurozone crisis: ECB chief, Geithner fuel hopes

European Central Bank president Mario Draghi said Friday the eurozone had made "outstanding" progress towards resolving its debt crisis as hopes grew for an imminent deal on Greece's debt burden. US Treasury Secretary Timothy Geithner also praised Europe'
Published 28 Jan, 2012 12:00am
Taming eurozone crisis: ECB chief, Geithner fuel hopes

Taming eurozone crisis: ECB chief, Geithner fuel hopes

European Central Bank president Mario Draghi said Friday the eurozone had made "outstanding" progress towards resolving its debt crisis as hopes grew for an imminent deal on Greece''s debt burden. US Treasury Secretary Timothy Geithner also praised Europe
Published 28 Jan, 2012 12:00am
Pakistan keen to move towards FTA with Thailand: Prime Minister

Pakistan keen to move towards FTA with Thailand: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Friday said that Pakistan was keen to move towards a Free Trade Agreement (FTA) with Thailand and stressed focussed talks for increased bilateral trade between the two countries.
Published 28 Jan, 2012 12:00am
Pakistan keen to move towards FTA with Thailand: Prime Minister

Pakistan keen to move towards FTA with Thailand: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Friday said that Pakistan was keen to move towards a Free Trade Agreement (FTA) with Thailand and stressed focussed talks for increased bilateral trade between the two countries.
Published 28 Jan, 2012 12:00am
Pakistan keen to move towards FTA with Thailand: Prime Minister

Pakistan keen to move towards FTA with Thailand: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Friday said that Pakistan was keen to move towards a Free Trade Agreement (FTA) with Thailand and stressed focussed talks for increased bilateral trade between the two countries.
Published 28 Jan, 2012 12:00am
Islamabad committed to eradicating polio this year: Gilani

Islamabad committed to eradicating polio this year: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said Pakistan was committed to eradicate Polio by the end of 2012 and would use all resources to rid the country of the crippling disease. He was talking to the Chief Executive Officer (CEO) of Microsoft, B
Published 28 Jan, 2012 12:00am
Islamabad committed to eradicating polio this year: Gilani

Islamabad committed to eradicating polio this year: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said Pakistan was committed to eradicate Polio by the end of 2012 and would use all resources to rid the country of the crippling disease. He was talking to the Chief Executive Officer (CEO) of Microsoft, B
Published 28 Jan, 2012 12:00am
Iran could ban EU oil exports next week

Iran could ban EU oil exports next week

A law to be debated in Iran's parliament on Sunday could halt exports of oil to the European Union as early as next week, the semi-official Fars news agency quoted a lawmaker as saying on Friday. "On Sunday, parliament will have to approve a 'double emerg
Published 28 Jan, 2012 12:00am
Iran could ban EU oil exports next week

Iran could ban EU oil exports next week

A law to be debated in Iran's parliament on Sunday could halt exports of oil to the European Union as early as next week, the semi-official Fars news agency quoted a lawmaker as saying on Friday. "On Sunday, parliament will have to approve a 'double emerg
Published 28 Jan, 2012 12:00am
Iran could ban EU oil exports next week

Iran could ban EU oil exports next week

A law to be debated in Iran''s parliament on Sunday could halt exports of oil to the European Union as early as next week, the semi-official Fars news agency quoted a lawmaker as saying on Friday. "On Sunday, parliament will have to approve a ''double eme
Published 28 Jan, 2012 12:00am
Import of Iranian crude stopped?

Import of Iranian crude stopped?

Pakistan has reportedly stopped importing crude oil from Iran following the US and UN sanctions on the neighbouring country, a private news channel reported Friday. Sources privy to the development claimed that the Pakistani banks were not opening Letter
Published 28 Jan, 2012 12:00am
Import of Iranian crude stopped?

Import of Iranian crude stopped?

Pakistan has reportedly stopped importing crude oil from Iran following the US and UN sanctions on the neighbouring country, a private news channel reported Friday. Sources privy to the development claimed that the Pakistani banks were not opening Letter
Published 28 Jan, 2012 12:00am
Import of Iranian crude stopped?

Import of Iranian crude stopped?

Pakistan has reportedly stopped importing crude oil from Iran following the US and UN sanctions on the neighbouring country, a private news channel reported Friday. Sources privy to the development claimed that the Pakistani banks were not opening Letter
Published 28 Jan, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Jan, 2012 12:00am
Fitch cuts rating of five eurozone countries

Fitch cuts rating of five eurozone countries

Rating agency Fitch cut its ratings of five eurozone countries including Italy and Spain and lowered its outlook on Ireland, citing their poor finances and vulnerability to sharp turns in market sentiment.
Published 28 Jan, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 28 Jan, 2012 12:00am
Fitch cuts rating of five eurozone countries

Fitch cuts rating of five eurozone countries

Rating agency Fitch cut its ratings of five eurozone countries including Italy and Spain and lowered its outlook on Ireland, citing their poor finances and vulnerability to sharp turns in market sentiment.
Published 28 Jan, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Jan, 2012 12:00am
Fitch cuts rating of five eurozone countries

Fitch cuts rating of five eurozone countries

Rating agency Fitch cut its ratings of five eurozone countries including Italy and Spain and lowered its outlook on Ireland, citing their poor finances and vulnerability to sharp turns in market sentiment.
Published 28 Jan, 2012 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 28 Jan, 2012 12:00am
LSE index gains 27.23 points

LSE index gains 27.23 points

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Friday where equities moved both ways and finally ended in negative zone amid descending transaction volume on account of lacking interest on the part of investors.
Published 28 Jan, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Jan, 2012 12:00am
LSE index gains 27.23 points

LSE index gains 27.23 points

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Friday where equities moved both ways and finally ended in negative zone amid descending transaction volume on account of lacking interest on the part of investors.
Published 28 Jan, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 35.06 points, as the Index moved from 2,611.11 to 2,646.
Published 28 Jan, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 35.06 points, as the Index moved from 2,611.11 to 2,646.
Published 28 Jan, 2012 12:00am
Tuwairqi Steel Mills signs MoU with POSCO

Tuwairqi Steel Mills signs MoU with POSCO

Tuwairqi Steel Mills Limited has signed a Memorandum of Understanding (MoU) with POSCO Engineering to promote local engineering services and infrastructure development in Pakistan. Addressing the signing ceremony, held here on Friday at Tuwairqi head offi
Published 28 Jan, 2012 12:00am
Tuwairqi Steel Mills signs MoU with POSCO

Tuwairqi Steel Mills signs MoU with POSCO

Tuwairqi Steel Mills Limited has signed a Memorandum of Understanding (MoU) with POSCO Engineering to promote local engineering services and infrastructure development in Pakistan. Addressing the signing ceremony, held here on Friday at Tuwairqi head offi
Published 28 Jan, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Tuwairqi Steel Mills signs MoU with POSCO

Tuwairqi Steel Mills signs MoU with POSCO

Tuwairqi Steel Mills Limited has signed a Memorandum of Understanding (MoU) with POSCO Engineering to promote local engineering services and infrastructure development in Pakistan. Addressing the signing ceremony, held here on Friday at Tuwairqi head offi
Published 28 Jan, 2012 12:00am
US 'disappointed': Putin challenger disqualified

US 'disappointed': Putin challenger disqualified

The United States said Friday it is "disappointed" that Russia has disqualified the sole liberal challenger to Vladimir Putin from the March 4 presidential ballot. "The United States is disappointed by the refusal of the Russian Central Election Commissio
Published 28 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
US 'disappointed': Putin challenger disqualified

US 'disappointed': Putin challenger disqualified

The United States said Friday it is "disappointed" that Russia has disqualified the sole liberal challenger to Vladimir Putin from the March 4 presidential ballot. "The United States is disappointed by the refusal of the Russian Central Election Commissio
Published 28 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Pakistan, India to sign customs cooperation pact next month: Puri

Pakistan, India to sign customs cooperation pact next month: Puri

An agreement between Pakistan and India for Customs corporation is expected to be signed by next month. This was stated by Tariq Puri, Chief Executive, Trade Development Authority of Pakistan (TDAP), at a press briefing held here on Friday.
Published 28 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Pakistan, India to sign customs cooperation pact next month: Puri

Pakistan, India to sign customs cooperation pact next month: Puri

An agreement between Pakistan and India for Customs corporation is expected to be signed by next month. This was stated by Tariq Puri, Chief Executive, Trade Development Authority of Pakistan (TDAP), at a press briefing held here on Friday.
Published 28 Jan, 2012 12:00am
THE RUPEE: divergent trends

THE RUPEE: divergent trends

Divergent trend was witnessed on the currency market on Friday in process of trading, dealers said. The rupee was firm as it did not show any change in terms of dollar for buying and selling at 90.22 and 90.26, they said.
Published 28 Jan, 2012 12:00am
Pakistan, India to sign customs cooperation pact next month: Puri

Pakistan, India to sign customs cooperation pact next month: Puri

An agreement between Pakistan and India for Customs corporation is expected to be signed by next month. This was stated by Tariq Puri, Chief Executive, Trade Development Authority of Pakistan (TDAP), at a press briefing held here on Friday.
Published 28 Jan, 2012 12:00am
THE RUPEE: divergent trends

THE RUPEE: divergent trends

Divergent trend was witnessed on the currency market on Friday in process of trading, dealers said. The rupee was firm as it did not show any change in terms of dollar for buying and selling at 90.22 and 90.26, they said.
Published 28 Jan, 2012 12:00am
Rebel Syrian army claims capture of Iranian officers

Rebel Syrian army claims capture of Iranian officers

The rebel Free Syrian Army claimed on Friday to have captured five Iranian military officers in the restive city of Homs and urged Tehran to "immediately" withdraw any additional troops it may have in Syria. In a statement, the FSA said the Iranians captu
Published 28 Jan, 2012 12:00am
Rebel Syrian army claims capture of Iranian officers

Rebel Syrian army claims capture of Iranian officers

The rebel Free Syrian Army claimed on Friday to have captured five Iranian military officers in the restive city of Homs and urged Tehran to "immediately" withdraw any additional troops it may have in Syria. In a statement, the FSA said the Iranians captu
Published 28 Jan, 2012 12:00am
German minister hits out at Britain over fiscal treaty

German minister hits out at Britain over fiscal treaty

German Finance Minister Wolfgang Schaeuble took a jab at Britain's Prime Minister David Cameron on Friday, blaming him for Europe's failure to agree a common debt-reduction treaty. Cameron has refused to take Britain into a proposed EU fiscal pact, which
Published 28 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
German minister hits out at Britain over fiscal treaty

German minister hits out at Britain over fiscal treaty

German Finance Minister Wolfgang Schaeuble took a jab at Britain's Prime Minister David Cameron on Friday, blaming him for Europe's failure to agree a common debt-reduction treaty. Cameron has refused to take Britain into a proposed EU fiscal pact, which
Published 28 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
German minister hits out at Britain over fiscal treaty

German minister hits out at Britain over fiscal treaty

German Finance Minister Wolfgang Schaeuble took a jab at Britain''s Prime Minister David Cameron on Friday, blaming him for Europe''s failure to agree a common debt-reduction treaty. Cameron has refused to take Britain into a proposed EU fiscal pact, whic
Published 28 Jan, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (January 27, 2012).

Published 28 Jan, 2012 12:00am
Suicide car bomb outside Baghdad hospital kills 31

Suicide car bomb outside Baghdad hospital kills 31

A suicide bomber set off an explosives-packed car outside a Baghdad hospital on Friday, killing 31 people in the capital's deadliest day in a month, amid a political crisis that has stoked tensions. The attack in a predominantly Shia neighbourhood, which
Published 28 Jan, 2012 12:00am
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