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Archive - 2012-02-02
‘Will appear before SC again’
Top News

‘Will appear before SC again’

ISLAMABAD : Prime Minister Yousuf Raza Gilani Thursday said he will appear before Supreme Court. Supreme Court earlie
Published 02 Feb, 2012 03:49pm
Deal on Greek debt 'very close'
Top News

Deal on Greek debt 'very close'

FRANKFURT: A deal between Greece and its private-sector creditors is "very close" and could be reached in a matter of "d
Published 02 Feb, 2012 03:08pm
RECORDER REPORT: KSE close of day
Top News

RECORDER REPORT: KSE close of day

KARACHI: A mixed trend was witnessed at the Karachi Stock Exchange (KSE) on Thursday and KSE-100 index oscillating betwe
Published 02 Feb, 2012 01:30pm
US Envoy calls on Rehman
Top News

US Envoy calls on Rehman

ISLAMABAD : Ambassador of United States to Pakistan Cameron P Munter called on Minister for Interior Rehman Malik here
Published 02 Feb, 2012 01:13pm
Gold surges to Rs 50,657 per 10 grams
Top News

Gold surges to Rs 50,657 per 10 grams

KARACHI: Gold surged by Rs 257 to close at Rs 50,657 per 10 grams in the local market Thursday as its international pric
Published 02 Feb, 2012 12:56pm
Senate session starts
Pakistan

Senate session starts

ISLAMABAD: The Senate Session started here on Thursday at Parliament House with the recitation from the Holy Quran. The
Published 02 Feb, 2012 12:54pm
UN overhauls Afghan refugee strategy
Top News

UN overhauls Afghan refugee strategy

ISLAMABAD: The UN refugee agency is overhauling its strategy to help Afghans returning to the war-torn country in a bid
Published 02 Feb, 2012 08:28am
Brent rises toward $112 on Iran
Energy

Brent rises toward $112 on Iran

SINGAPORE: Brent crude rose toward $112 a barrel on Thursday, extending gains for a third day on persistent worries over
Published 02 Feb, 2012 06:52am
Indian bond yields drop
Financial

Indian bond yields drop

MUMBAI: Indian federal bond yields fell on Thursday as the choice of securities for the central bank's up to 100 billion
Published 02 Feb, 2012 06:24am
Attock Refinery reaps dividends
BR Research

Attock Refinery reaps dividends

Attock Refinery Limited (ATRL) has often stood out an exception in the local refinery industry as its superior product mix helps it achieve
Published 02 Feb, 2012 12:00am
Attock Petroleum Limited
BR Research

Attock Petroleum Limited

Attock Petroleum Limited (APL) continued to post impressive financial performance as evident by a 27 percent year-on-year increase in profit
Published 02 Feb, 2012 12:00am
Attock Petroleum's profit after tax increases to Rs 2.217 billion

Attock Petroleum's profit after tax increases to Rs 2.217 billion

The profit after tax of Attock Petroleum Limited (APL) has increased to Rs 2.217 billion in half year period ended December 31, 2011 as compared to Rs 1.743 billion earned in the corresponding period in 2010. The company's earning per share increased to R
Published 02 Feb, 2012 12:00am
Attock Cement posts Rs 507.1 million profit after tax

Attock Cement posts Rs 507.1 million profit after tax

Attock Cement Pakistan Limited has posted Rs 507.100 million as profit after tax in the half year period ended December 31, 2011 as compared to Rs 235.101 million earned in the corresponding period in 2010. The company's earning per share increased to Rs
Published 02 Feb, 2012 12:00am
Attock Cement posts Rs 507.1 million profit after tax

Attock Cement posts Rs 507.1 million profit after tax

Attock Cement Pakistan Limited has posted Rs 507.100 million as profit after tax in the half year period ended December 31, 2011 as compared to Rs 235.101 million earned in the corresponding period in 2010. The company's earning per share increased to Rs
Published 02 Feb, 2012 12:00am
SU notification

SU notification

The Director Admissions University of Sindh on Wednesday announced that the candidates selected for admissions to various disciplines of Bachelors and Masters degree program under 4th up-to-date list are hereby directed to submit their admission fee up to
Published 02 Feb, 2012 12:00am
59 percent surge in profit repatriation

59 percent surge in profit repatriation

The repatriation of profits and dividends by foreign investors has registered a massive growth of 59 percent during the first half of current fiscal year FY12. The State Bank of Pakistan on Tuesday said that foreign investors repatriated $514 million on a
Published 02 Feb, 2012 12:00am
US C-G hands over equipment to Sindh police

US C-G hands over equipment to Sindh police

US Consul General William Martin on Wednesday said the signing of a project implementation letter is a clear indication of growing partnership between the government of United States and the Sindh Police.
Published 02 Feb, 2012 12:00am
PSC asked to ensure sale of high quality seeds

PSC asked to ensure sale of high quality seeds

Minister for Agriculture Punjab, Malik Ahmad Ali Aulakh has directed the Punjab Seed Corporation (PSC) to ensure sale of high yielding, disease, insects and pest resistant quality seeds of crops to framers for productivity enhancement. He issues these dir
Published 02 Feb, 2012 12:00am
HCCI gets approval to set up ESC: Khoja

HCCI gets approval to set up ESC: Khoja

Acting President of Hyderabad Chamber of Commerce & Industry Turab Ali Khoja has said that the HCCI has got the approval for the establishment of Engineering Support Centre (ESC) from Ministry of Industry and Production.
Published 02 Feb, 2012 12:00am
PAS Awards 2012 second series announced

PAS Awards 2012 second series announced

After glorying success of its first marketing and advertising awards held last year, Pakistan Advertisers Society (PAS) is proud to announce the second in the series, the PAS Awards 2012, says a press release.
Published 02 Feb, 2012 12:00am
Korea exports shock, inflation dips as euro crisis bites

Korea exports shock, inflation dips as euro crisis bites

South Korea on Wednesday posted a shock 6.6 percent annual drop in exports for January and saw new export orders fall for a sixth consecutive month as the euro zone crisis and holidays hit, kicking off a major election year on a gloomy note.
Published 02 Feb, 2012 12:00am
Sweden minister sees positive signs, factories expand

Sweden minister sees positive signs, factories expand

Swedish policymakers on Wednesday gave differing views on how much a fresh recession in the euro zone would drag down their economy after new industry figures pointed to a pick up in factory activity last month.
Published 02 Feb, 2012 12:00am
China takes fresh steps to aid small firms

China takes fresh steps to aid small firms

China will continue to implement lower required reserve ratios for small banks that lend to small businesses and will encourage banks to issue special bonds to raise funds for such lending, China's State Council said on Wednesday.
Published 02 Feb, 2012 12:00am
FIFA goal-line technology ruling on July 2

FIFA goal-line technology ruling on July 2

FIFA will make a final ruling on the possible introduction of goal-line technology at a special meeting on July 2, world football's governing body confirmed on Wednesday. FIFA said the decision would be made at a special meeting of football's rules making
Published 02 Feb, 2012 12:00am
Former Czechoslovakia midfielder dies

Former Czechoslovakia midfielder dies

Ladislav Kuna, a Slovak midfielder capped 47 times by the former Czechoslovakia, died on Wednesday at the age of 64, his old club Spartak Trnava said on its website. Kuna, who played at the 1970 World Cup in Mexico, scored nine goals for the Czechoslovak
Published 02 Feb, 2012 12:00am
ICC Board recommends split role for president

ICC Board recommends split role for president

The Board of the International Cricket Council (ICC) on Wednesday recommended to split the role of president with a new chairman's post from 2014, and deferred the nomination of Bangladesh's Mustafa Kamal as vice-president.
Published 02 Feb, 2012 12:00am
North Korea quits match with South Korea

North Korea quits match with South Korea

A North Korean youth football team refused to play a South Korean side in a tournament held in China, citing cross-border tension after the death of leader Kim Jong-Il, an official said Tuesday. The two countries were preparing to play each other Monday i
Published 02 Feb, 2012 12:00am
India remain winless

India remain winless

India have still to win on their Australia tour after losing the first of two Twenty20 internationals by 31 runs to the home side at the Sydney Olympic stadium on Wednesday. Before the biggest crowd for a single day's cricket in Sydney of almost 60,000, A
Published 02 Feb, 2012 12:00am
ICC to assess security in Pakistan for cricket revival

ICC to assess security in Pakistan for cricket revival

Cricket's governing body will carry out a proper assessment of security in Pakistan before deciding on sending match officials for a proposed tour by Bangladesh, an official said Wednesday.
Published 02 Feb, 2012 12:00am
PFF 'D' Certificate Coaching Course begins

PFF 'D' Certificate Coaching Course begins

Pakistan Football Federation (PFF), in line with its emphasis on PFF Vision Plan 2020 and Youth Development Program is hosting PFF "D" Certificate Football Coaching Course for Region-2011 at Qayyum Sports Complex, Peshawar.
Published 02 Feb, 2012 12:00am
England desperate to avoid Pakistan whitewash

England desperate to avoid Pakistan whitewash

Spin-weary England will be desperate to avoid the humiliation of a series whitewash against Pakistan in the third and final Test which starts at Dubai Stadium on Friday.
Published 02 Feb, 2012 12:00am
United join beaten City at Premier League summit

United join beaten City at Premier League summit

Ex-Manchester United midfielder Darron Gibson did his old club a huge favour by scoring the winner for Everton in a 1-0 victory over Premier League leaders Manchester City, while United moved level on points at the top after beating Stoke City 2-0.
Published 02 Feb, 2012 12:00am
Wozniacki parts company with coach

Wozniacki parts company with coach

Former women's world number one Caroline Wozniacki has parted company with her Spanish coach Ricardo Sanchez after only two months of collaboration, the Ekstra Bladet daily reported on Wednesday. The decision, announced by Wozniacki's father and confirmed
Published 02 Feb, 2012 12:00am
Mixed trend on grain market

Mixed trend on grain market

Prices moved both ways on the wholesale grain market on Wednesday in process of modest trading, dealers said. On the seeds side, rapeseeds cake low type was registered at Rs 780 and best type was trading at Rs 785, Til shed Rs 50 to Rs 320 while the best
Published 02 Feb, 2012 12:00am
Indonesia's Sulawesi Jan cocoa bean exports fall

Indonesia's Sulawesi Jan cocoa bean exports fall

Indonesia's cocoa bean exports from its main growing island of Sulawesi slipped 23 percent in January from the same month a year ago, and was down 26 percent from the previous month, industry data showed on Wednesday.
Published 02 Feb, 2012 12:00am
Cotton prices likely to improve after WTO news

Cotton prices likely to improve after WTO news

Cotton prices may show slight increase after the World Trade Organisation (WTO) news, in which it is giving concession to the Pak Textile goods, dealers said on the cotton market on Wednesday.
Published 02 Feb, 2012 12:00am
Oile cake market rates

Oile cake market rates

Downward trend was seen on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The March vaida closed at 772.50 and opened with a decline of 20 paisa at Rs 772.30, and March vaida was closed at Rs 700.00 but opened with
Published 02 Feb, 2012 12:00am
US wheat at 4-1/2 months high on Russia's export worries

US wheat at 4-1/2 months high on Russia's export worries

US wheat touched a four-and-half months high on Wednesday, rising for a second straight session as cold weather in east and west Europe brought fears of crop losses, while reports key exporter Russia may restrict overseas sales also supported.
Published 02 Feb, 2012 12:00am
Ukraine's winter grain harvests may fall

Ukraine's winter grain harvests may fall

Ukraine's harvest of winter grains could fall by 42-58 percent to between 10 and 14 million tonnes due to poor weather during sowing and wintering, the state weather forecaster said on Wednesday. Tetyana Adamenko, head of the agricultural department of Uk
Published 02 Feb, 2012 12:00am
Bangladesh tea prices fall

Bangladesh tea prices fall

Tea prices in Bangladesh fell on Tuesday at a weekly auction because of a larger quantity of poor varieties on offer, brokers said. The average price of Bangladeshi tea fell to 158.84 taka ($1.90) a kg from 166.82 taka a kg in the previous sale, said an o
Published 02 Feb, 2012 12:00am
India's October-January coffee exports fall

India's October-January coffee exports fall

Coffee exports from India fell 7.5 percent to 79,021 tonnes in October-January on lower stocks and rising local demand. Arrivals from the new crop in coming months are expected to stem the fall, though. In value terms, the exports rose to $243.05 million
Published 02 Feb, 2012 12:00am
US Midwest soya bids firm at river terminals

US Midwest soya bids firm at river terminals

Soyabean spot basis bids were firm at river terminals around the US Midwest on Tuesday while interior soya bids were largely steady as export remand rose and farmer sales remained light despite a more than 1 percent bounce in futures. Increased US Soyabea
Published 02 Feb, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 114,707 tonnes of cargo comprising 74,878 tonnes of import cargo and 39,829 tonnes of export cargo including 4,243 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 74,878 t
Published 02 Feb, 2012 12:00am
Soybean export premiums rise at US Gulf Coast

Soybean export premiums rise at US Gulf Coast

Soybean export premiums at the US Gulf Coast were higher on Tuesday on good demand from China and other importers and on tight nearby supplies in the river market, traders said.
Published 02 Feb, 2012 12:00am
India raises base import price of gold

India raises base import price of gold

India, the world's biggest bullion consumer, has raised the base import price for gold by 5.7 percent to $556 per 10 grams and that of silver by nearly 12 percent to $1,067 per kg, a government statement said on Wednesday. Base price is the rate at which
Published 02 Feb, 2012 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold rose on Wednesday as the dollar slipped against the euro and on strong global manufacturing data, while analysts said profit taking could pressure the precious metal after its biggest January gain in 32 years.
Published 02 Feb, 2012 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

Copper rose for the first time in four days on Wednesday, as talk of an imminent Greek debt deal and encouraging US, Chinese and German manufacturing data fed investors' appetite for risk.
Published 02 Feb, 2012 12:00am
US MIDDAY: wheat jumps

US MIDDAY: wheat jumps

US wheat surged nearly 2 percent to a 4-1/2 month peak on Wednesday, a second straight daily advance, as a cold snap hit Europe, threatening the winter wheat crop, and Russia looked likely to curb exports.
Published 02 Feb, 2012 12:00am
Gold keeps up rally after best January in 32 years

Gold keeps up rally after best January in 32 years

Gold rallied for a second day on Wednesday, supported by upbeat economic data from Germany and the United States, with the precious metal building on gains in January that marked its strongest year-opening month in 32 years. Spot gold was up 0.4 percent a
Published 02 Feb, 2012 12:00am
Gold posts biggest monthly gain in New York

Gold posts biggest monthly gain in New York

Gold rose in choppy trade on Tuesday, posting its biggest monthly rise since August on global economic unease and the US Federal Reserve's long-term outlook for near-zero interest rates. The metal recovered after briefly turning lower due to a euro drop a
Published 02 Feb, 2012 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold was steady on Wednesday after ending January with its biggest monthly rise since August, while investors cautiously awaited more data from the world's key economies for trading cues. Spot gold edged down 0.2 percent to $1,733.79 an ounce by 0722 GMT,
Published 02 Feb, 2012 12:00am
Cocoa and sugar fall

Cocoa and sugar fall

Cocoa futures dropped to three-week lows on Wednesday as profit-taking kicked in after investor buying dried up, while raw sugar edged down to close also at its weakest level in three weeks. Coffee declined slightly amid a lack of new fundamentals.
Published 02 Feb, 2012 12:00am
Wheat hits four-week high

Wheat hits four-week high

US grain prices rebounded on Tuesday, led by Chicago wheat which rose 3 percent to a four-week high on indications that Russia may curb exports soon. Traders cited potential wheat losses in the Black Sea region and other key growing areas in Eastern Europ
Published 02 Feb, 2012 12:00am
Tokyo rubber futures climb

Tokyo rubber futures climb

Key TOCOM rubber futures rose 1.7 yen on Wednesday buoyed by Thai plans to start intervening in the market in mid-February and resisting pressure from a strong yen.
Published 02 Feb, 2012 12:00am
Oil rises as China, Iran outweigh US stockbuild

Oil rises as China, Iran outweigh US stockbuild

  • Brent crude rose on Wednesday as upbeat Chinese manufacturing data and concerns about the standoff between Iran and the West outweighed data showing a large build in US oil inventories. US crude turned negative after data from the US Energy Information
Published 02 Feb, 2012 12:00am
Copper moves higher

Copper moves higher

Copper rose on Wednesday as the euro strengthened against the dollar after data showed an uptick in US, Chinese and German manufacturing, although crumbling demand in Europe restrained economies in Asia. Benchmark copper on the London Metal Exchange close
Published 02 Feb, 2012 12:00am
Shanghai copper down

Shanghai copper down

The most-traded April copper contract on the Shanghai Futures Exchange was down by 0.9 percent to 59,730 yuan a tonne on Wednesday. Traders said investors were also wary ahead of manufacturing data releases from the United States and Europe, which are lik
Published 02 Feb, 2012 12:00am
India's NSEL to sell platinum coins

India's NSEL to sell platinum coins

National Spot Exchange Ltd (NSEL), India's biggest spot commodity bourse, plans to start selling one-gram platinum coins in the next 10-15 days, saying the move will add 1 billion rupees ($20 million) to its daily revenue. "Platinum launch is in the pipel
Published 02 Feb, 2012 12:00am
New York cotton rises as deferred premiums suggest demand

New York cotton rises as deferred premiums suggest demand

Cotton futures ended higher on Wednesday, reversing losses in the previous two sessions, as the greater gains in deferred contracts indicated demand was recovering, dealers said. Benchmark March cotton on ICE Futures US edged up 0.14 cent at 93.39 cents p
Published 02 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 02 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 02 Feb, 2012 12:00am
FBR Vigilance Wing's wings clipped

FBR Vigilance Wing's wings clipped

A Business Recorder exclusive reveals a disturbing though by no means surprising fact: the Federal Board of Revenue (FBR) is no longer obtaining clearance from the Vigilance Wing of the Directorate General of Intelligence and Investigation (DGII)
Published 02 Feb, 2012 12:00am
US-Taliban talks

US-Taliban talks

Though it is not straight from the horse's mouth, but is now almost confirmed that the United States is in peace talks with the Afghan Taliban at the latter's newly-established office in Doha, Qatar. The nature of those talks is being described as 'prelim
Published 02 Feb, 2012 12:00am
VIEWPOINT: Extra-judicial killings

VIEWPOINT: Extra-judicial killings

"No person shall be deprived of life or liberty save in accordance with law," states Article 9 of the Constitution of Pakistan. Yet extra-judicial killings at the hands of military intelligence agencies have gone on unabated all over the country. The situ
Published 02 Feb, 2012 12:00am
Despite crisis, Merkel to urge China to invest in Germany

Despite crisis, Merkel to urge China to invest in Germany

Germany's record exports to China may be the envy of the world, but the two countries have been finding recently that stepping up their mutual investment is easier said than done. Chancellor Angela Merkel, whose three-day visit to China begins Thursday wi
Published 02 Feb, 2012 12:00am
What is not cricket

What is not cricket

When the Brits did not have an answer to The Aussie domination in the early 1930s, they took away the phrase 'Gentleman's Game' from cricket by introducing Jardine, Bill Bowes and Body Line bowling. When the Brits did not have an answer to the West Indies
Published 02 Feb, 2012 12:00am
Shell Pakistan

Shell Pakistan

Shell Pakistan is one of the oldest multinational companies in Pakistan and the history of the Company in Indo-Pak subcontinent dates back to 1903 when Shell Transport and Trading Company and Royal Dutch Petroleum Company decided to merge and supply petro
Published 02 Feb, 2012 12:00am
Shell Pakistan

Shell Pakistan

Shell Pakistan is one of the oldest multinational companies in Pakistan and the history of the Company in Indo-Pak subcontinent dates back to 1903 when Shell Transport and Trading Company and Royal Dutch Petroleum Company decided to merge and supply petro
Published 02 Feb, 2012 12:00am
Prime Minister to inaugurate Business Express Train on February 03

Prime Minister to inaugurate Business Express Train on February 03

Prime Minister Syed Yousuf Raza Gilani will inaugurate the much awaited Business Express Train between Lahore and Karachi on Friday (tomorrow) at Lahore Railway Station. This was the first luxury train, which will run under public private partnership in P
Published 02 Feb, 2012 12:00am
Chup Tazia procession

Chup Tazia procession

Devotees on Wednesday took out a procession on Eighth Rabi-ul-Awal amid airtight security. The "Chup Tazia" procession started from Nishtar Park and concluded at Noor Bagh Musaffir Khana Moosa Lane. Special traffic arrangements were made to facilitate the
Published 02 Feb, 2012 12:00am
SU notification

SU notification

The Controller of Examinations, University of Sindh, Muhammad Nawaz Narejo on Wednesday announced that Viva voce examinations of all subjects of M A Final of college side candidates under annual examination 2011 will be conducted from Feb 6. The candidate
Published 02 Feb, 2012 12:00am
Elahi stresses consensus about drafting national economic policy

Elahi stresses consensus about drafting national economic policy

Chaudhry Pervaiz Elahi, Senior Federal Minister for Industries and Defence Production, has underlined the need of developing national consensus for drafting a national economic policy. Speaking at a dinner hosted by renowned industrialist Muhammad Bashir
Published 02 Feb, 2012 12:00am
Balochistan mourns death of Domki's family members

Balochistan mourns death of Domki's family members

Parts of Balochistan mourned the brutal killing of Balochistan MPA Mir Bakhtiar Khan Domki's family members on Wednesday. Unknown armed men had shot dead Mir Bakhtiar Khan Domki's wife, daughter and their guard in the Gizri area of Karachi on late Monday
Published 02 Feb, 2012 12:00am
'US will help overcome problems in various sectors'

'US will help overcome problems in various sectors'

The United States will extend every possible help and support to overcome the problems being faced by Pakistan in various sectors especially the energy shortage. US Commercial consular Brian McCleary stated this while speaking at luncheon ceremony hosted
Published 02 Feb, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Tuesday (January 31, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US $ Bonds and profits thereon and for forward cover
Published 02 Feb, 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 02 Feb, 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 Tuesday (January 31, 2012).

Published 02 Feb, 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 Tuesday (January 31, 2012).

Published 02 Feb, 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 Tuesday (January 31, 2012).

Published 02 Feb, 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 Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (January 31, 2012).
Published 02 Feb, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
Pakistan denies hidden agenda, Taliban deny talks

Pakistan denies hidden agenda, Taliban deny talks

Pakistan Wednes-day rejected accusations that it was secretly supporting Taliban insurgents in Afghanistan, while the Taliban denied plans for peace talks with the Afghan government in Saudi Arabia. The statements came as a leaked NATO report charged that
Published 02 Feb, 2012 12:00am
Pakistan denies hidden agenda, Taliban deny talks

Pakistan denies hidden agenda, Taliban deny talks

Pakistan Wednes-day rejected accusations that it was secretly supporting Taliban insurgents in Afghanistan, while the Taliban denied plans for peace talks with the Afghan government in Saudi Arabia. The statements came as a leaked NATO report charged that
Published 02 Feb, 2012 12:00am
Egypt football violence kills 73

Egypt football violence kills 73

Riots after a football match on Wednesday in Egypt's Port Said left 73 people dead, medics said. Doctors in four hospitals told AFP that the death toll had reached 73, as ambulances continued to ferry in the injured from the stadium.
Published 02 Feb, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
Egypt football violence kills 73

Egypt football violence kills 73

Riots after a football match on Wednesday in Egypt's Port Said left 73 people dead, medics said. Doctors in four hospitals told AFP that the death toll had reached 73, as ambulances continued to ferry in the injured from the stadium.
Published 02 Feb, 2012 12:00am
Deaths at PIC: FIA seizes pharmaceutical company

Deaths at PIC: FIA seizes pharmaceutical company

A drug inspection team of Federal Investigation Agency (FIA) on Wednesday seized Efroze Chemical Industries for its alleged misconduct and lack of professionalism in the production of lifesaving drug 'IsoTab', which is said to have claimed over 125 lives
Published 02 Feb, 2012 12:00am
Deaths at PIC: FIA seizes pharmaceutical company

Deaths at PIC: FIA seizes pharmaceutical company

A drug inspection team of Federal Investigation Agency (FIA) on Wednesday seized Efroze Chemical Industries for its alleged misconduct and lack of professionalism in the production of lifesaving drug 'IsoTab', which is said to have claimed over 125 lives
Published 02 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
EU blocks Deutsche Boerse, NYSE tie-up

EU blocks Deutsche Boerse, NYSE tie-up

NYSE Euronext and Deutsche Boerse could try to put the disappointment of their failed $7.4 billion merger deal behind them by turning their attention to European exchange and clearing assets and a less ambitious growth path.
Published 02 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
EU blocks Deutsche Boerse, NYSE tie-up

EU blocks Deutsche Boerse, NYSE tie-up

NYSE Euronext and Deutsche Boerse could try to put the disappointment of their failed $7.4 billion merger deal behind them by turning their attention to European exchange and clearing assets and a less ambitious growth path.
Published 02 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
EU blocks Deutsche Boerse, NYSE tie-up

EU blocks Deutsche Boerse, NYSE tie-up

NYSE Euronext and Deutsche Boerse could try to put the disappointment of their failed $7.4 billion merger deal behind them by turning their attention to European exchange and clearing assets and a less ambitious growth path.
Published 02 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (January 31, 2012).

Published 02 Feb, 2012 12:00am
CPI inflation jumps to double digits

CPI inflation jumps to double digits

The CPI inflation jumped to double digits, 10.10 percent, in January 2012 after an increase of 1.54 percent over the month of December 2011, largely because of spike in the prices of food commodities, according to Pakistan Bureau of Statistics (PBS).
Published 02 Feb, 2012 12:00am
CPI inflation jumps to double digits

CPI inflation jumps to double digits

The CPI inflation jumped to double digits, 10.10 percent, in January 2012 after an increase of 1.54 percent over the month of December 2011, largely because of spike in the prices of food commodities, according to Pakistan Bureau of Statistics (PBS).
Published 02 Feb, 2012 12:00am
CPI inflation jumps to double digits

CPI inflation jumps to double digits

The CPI inflation jumped to double digits, 10.10 percent, in January 2012 after an increase of 1.54 percent over the month of December 2011, largely because of spike in the prices of food commodities, according to Pakistan Bureau of Statistics (PBS).
Published 02 Feb, 2012 12:00am
75 products from Pakistan: WTO okays EU duty waiver

75 products from Pakistan: WTO okays EU duty waiver

The World Trade Organisation's (WTO) Council on Trade in Goods (CTG) on Wednes-day unanimously approved the much-awaited the European Union (EU) waiver on duties for 75 products from Pakistan, allowing duty-free import of 75 products from Pakistan. These
Published 02 Feb, 2012 12:00am
75 products from Pakistan: WTO okays EU duty waiver

75 products from Pakistan: WTO okays EU duty waiver

The World Trade Organisation's (WTO) Council on Trade in Goods (CTG) on Wednes-day unanimously approved the much-awaited the European Union (EU) waiver on duties for 75 products from Pakistan, allowing duty-free import of 75 products from Pakistan. These
Published 02 Feb, 2012 12:00am
75 products from Pakistan: WTO okays EU duty waiver

75 products from Pakistan: WTO okays EU duty waiver

The World Trade Organisation''s (WTO) Council on Trade in Goods (CTG) on Wednes-day unanimously approved the much-awaited the European Union (EU) waiver on duties for 75 products from Pakistan, allowing duty-free import of 75 products from Pakistan. These
Published 02 Feb, 2012 12:00am
I'm very happy'

I'm very happy'

"I'm very happy. It was a long drawn out exercise, and something of a success for diplomacy," Pakistan's ambassador to the WTO, Shahid Bashir, told Reuters. The waiver, lowering trade barriers for humanitarian reasons, is unprecedented in the WTO and does
Published 02 Feb, 2012 12:00am
I'm very happy'

I'm very happy'

"I'm very happy. It was a long drawn out exercise, and something of a success for diplomacy," Pakistan's ambassador to the WTO, Shahid Bashir, told Reuters. The waiver, lowering trade barriers for humanitarian reasons, is unprecedented in the WTO and does
Published 02 Feb, 2012 12:00am
I''m very happy''

I''m very happy''

"I''m very happy. It was a long drawn out exercise, and something of a success for diplomacy," Pakistan''s ambassador to the WTO, Shahid Bashir, told Reuters. The waiver, lowering trade barriers for humanitarian reasons, is unprecedented in the WTO and do
Published 02 Feb, 2012 12:00am
Hike in POL, gas prices: Kundi blocks resolution seeking reversal

Hike in POL, gas prices: Kundi blocks resolution seeking reversal

Deputy Speaker National Assembly Faisal Karim Kundi blocked a combined effort by the opposition and some allied parties of the government to table a resolution in the National Assembly, seeking reversal of the decision to increase petroleum products' pric
Published 02 Feb, 2012 12:00am
Hike in POL, gas prices: Kundi blocks resolution seeking reversal

Hike in POL, gas prices: Kundi blocks resolution seeking reversal

Deputy Speaker National Assembly Faisal Karim Kundi blocked a combined effort by the opposition and some allied parties of the government to table a resolution in the National Assembly, seeking reversal of the decision to increase petroleum products' pric
Published 02 Feb, 2012 12:00am
Hike in POL, gas prices: Kundi blocks resolution seeking reversal

Hike in POL, gas prices: Kundi blocks resolution seeking reversal

Deputy Speaker National Assembly Faisal Karim Kundi blocked a combined effort by the opposition and some allied parties of the government to table a resolution in the National Assembly, seeking reversal of the decision to increase petroleum products'' pri
Published 02 Feb, 2012 12:00am
Government comes under fire in Senate

Government comes under fire in Senate

The government on Wednesday came under fire in Senate from allies as well as opposition on the latest increase in petrol prices. The MPs staged a token walkout demanding an immediate withdrawal of the current hike. "The frequent increase in petroleum pric
Published 02 Feb, 2012 12:00am
Government comes under fire in Senate

Government comes under fire in Senate

The government on Wednesday came under fire in Senate from allies as well as opposition on the latest increase in petrol prices. The MPs staged a token walkout demanding an immediate withdrawal of the current hike. "The frequent increase in petroleum pric
Published 02 Feb, 2012 12:00am
Government comes under fire in Senate

Government comes under fire in Senate

The government on Wednesday came under fire in Senate from allies as well as opposition on the latest increase in petrol prices. The MPs staged a token walkout demanding an immediate withdrawal of the current hike. "The frequent increase in petroleum pric
Published 02 Feb, 2012 12:00am
Anthrax mailed to Prime Minister's office

Anthrax mailed to Prime Minister's office

A small parcel mailed to an office of the prime minister in October contained a small amount of deadly anthrax spores, a spokesman said on Wednesday. "The security team became suspicious of the package," Akram Shahidi, a spokesman for Prime Minister Yousu
Published 02 Feb, 2012 12:00am
Anthrax mailed to Prime Minister's office

Anthrax mailed to Prime Minister's office

A small parcel mailed to an office of the prime minister in October contained a small amount of deadly anthrax spores, a spokesman said on Wednesday. "The security team became suspicious of the package," Akram Shahidi, a spokesman for Prime Minister Yousu
Published 02 Feb, 2012 12:00am
Index gains 55.66 points

Index gains 55.66 points

The KSE-100 index on Wednesday gained 55.66 points and closed at 11,930.55 points due to local investors' interest on dips in some select stocks. Foreign investors, however, remained on the selling side and withdrew $0.34 million from the equity market. T
Published 02 Feb, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Feb, 2012 12:00am
Index gains 55.66 points

Index gains 55.66 points

The KSE-100 index on Wednesday gained 55.66 points and closed at 11,930.55 points due to local investors' interest on dips in some select stocks. Foreign investors, however, remained on the selling side and withdrew $0.34 million from the equity market. T
Published 02 Feb, 2012 12:00am
Index gains 55.66 points

Index gains 55.66 points

The KSE-100 index on Wednesday gained 55.66 points and closed at 11,930.55 points due to local investors'' interest on dips in some select stocks. Foreign investors, however, remained on the selling side and withdrew $0.34 million from the equity market.
Published 02 Feb, 2012 12:00am
BRIndex30 up 51.02 points

BRIndex30 up 51.02 points

On Wednesday, the BRIndex30 opened at 9,030.16 points and remained in positive throughout the trading session. It touched the intra-day high of 9,135.12 points and low of 9,033.87 points, and closed at 9,081.18 points with a net positive change of 51.02 p
Published 02 Feb, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 02 Feb, 2012 12:00am
BRIndex30 up 51.02 points

BRIndex30 up 51.02 points

On Wednesday, the BRIndex30 opened at 9,030.16 points and remained in positive throughout the trading session. It touched the intra-day high of 9,135.12 points and low of 9,033.87 points, and closed at 9,081.18 points with a net positive change of 51.02 p
Published 02 Feb, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Feb, 2012 12:00am
LSE index up by 19.79 points

LSE index up by 19.79 points

Bullish sentiment prevailed at Lahore Stock Exchange on Wednesday and equities registered gains amid increased turnover on account of fresh buying in potential shares. The LSE-25 index was up by 19.79 points, closing at 3123.30 points against 3103.51 poin
Published 02 Feb, 2012 12:00am
Board meetings in progress

Board meetings in progress

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

Published 02 Feb, 2012 12:00am
LSE index up by 19.79 points

LSE index up by 19.79 points

Bullish sentiment prevailed at Lahore Stock Exchange on Wednesday and equities registered gains amid increased turnover on account of fresh buying in potential shares. The LSE-25 index was up by 19.79 points, closing at 3123.30 points against 3103.51 poin
Published 02 Feb, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Feb, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at Islamabad Stock Exchange (ISE) on Wednesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 07.66 points from 2,628.19 points to 2,635.85 points.
Published 02 Feb, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at Islamabad Stock Exchange (ISE) on Wednesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 07.66 points from 2,628.19 points to 2,635.85 points.
Published 02 Feb, 2012 12:00am
Hina says to limit US unilateral actions

Hina says to limit US unilateral actions

Pakistan will tell the United States that it cannot take unilateral actions such as the raid that killed Osama bin Laden and that parliament will determine military priorities, the foreign minister said. A parliamentary committee is reviewing the troubled
Published 02 Feb, 2012 12:00am
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