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Print - 2015-01-07
SBP annual report 2014: PAAPAM urges SBP to rectify 'mistake'

SBP annual report 2014: PAAPAM urges SBP to rectify 'mistake'

The data published by the State Bank of Pakistan (SBP) in its annual report for 2014 has been found wanting or discovered to be ineffective or controversial. According to Siddique Misri, Chairman, Pakistan Association of Automotive Parts & Accessories Man
Published 07 Jan, 2015 12:00am
Government should take indiscriminate action against terrorists: Siraj

Government should take indiscriminate action against terrorists: Siraj

Chief of Jamaat-i-Islami Sirajul Haq has made it clear the government should take indiscriminate action against terrorists regardless of their political affiliation for restoration of lasting peace in the country. He stated this while talking to media per
Published 07 Jan, 2015 12:00am
KCAA establishes library at its camp office

KCAA establishes library at its camp office

Karachi Customs Agents Association (KCAA) has established library at its camp office at Customs House. Speaking at the inaugural ceremony, Qamar Alam, President KCAA, said that establishment of KCAA library at camp office was part of the association's pro
Published 07 Jan, 2015 12:00am
Budgetary borrowings decline by 51 percent in 1HFY15

Budgetary borrowings decline by 51 percent in 1HFY15

Net government borrowings for budgetary support posted a notable decline of 51 percent during the first half of this fiscal year (FY15) followed by rising foreign inflows. Against previous few years' trend, the federal and provincial governments borrowing
Published 07 Jan, 2015 12:00am
Budgetary borrowings decline by 51 percent in 1HFY15

Budgetary borrowings decline by 51 percent in 1HFY15

Net government borrowings for budgetary support posted a notable decline of 51 percent during the first half of this fiscal year (FY15) followed by rising foreign inflows. Against previous few years' trend, the federal and provincial governments borrowing
Published 07 Jan, 2015 12:00am
Imran says will give 'good news' about marriage

Imran says will give 'good news' about marriage

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Tuesday declared that he would give "good news" to the nation this week about his marriage, keeping the name of his would-be bride as top secret. Speaking at a crowded news conference along with party
Published 07 Jan, 2015 12:00am
VC vows to make LUH a model hospital of region

VC vows to make LUH a model hospital of region

The meeting of the Hospital Management Committee was held under the Chair of Vice Chancellor Liaquat University of Medical & Health Sciences Jamshoro Professor Noshad A Shaikh on Monday. The meeting was attended by the Medical Superintendent Liaquat Unive
Published 07 Jan, 2015 12:00am
First Pakistan Coating Show 2015 to be organised in Lahore

First Pakistan Coating Show 2015 to be organised in Lahore

In the very beginning of the year 2015, Bin Rasheed Group is going to organize first ever coating show of Pakistan. Pakistan Coating Show (PCS) will provide opportunity to coating industries of Pakistan to showcase their products and technology at a platf
Published 07 Jan, 2015 12:00am
ATA cases reviewed for sending to military courts

ATA cases reviewed for sending to military courts

DIG Hyderabad Range, Sanaullah Abbasi has held a meeting with all SSPs of Hyderabad Range along with their PDSPs with regard to the ATA cases which are pending before the ATA courts. Sanaullah Abbasi reviewed the cases of the ATA of Hyderabad Range, to be
Published 07 Jan, 2015 12:00am
Government to pull solar energy into national power grid

Government to pull solar energy into national power grid

Amid a worsening energy crisis, Pakistan has approved the use of grid-connected solar energy, rooftop solar installations and mortgage financing for home solar panels to boost uptake of clean energy in the country. The government has also reversed course
Published 07 Jan, 2015 12:00am
Ashiyana Housing Scheme: 60,000 families apply for flats' allotment

Ashiyana Housing Scheme: 60,000 families apply for flats' allotment

The poor-friendly step by Punjab Chief Minister Shabaz Sharif for providing affordable houses to low income people has been widely welcomed as more than 60,000 families have applied for allotment of flats under Ashiyana Housing Scheme. This was disclosed
Published 07 Jan, 2015 12:00am
MD/CEO OGDCL given Best CEO Award 2014

MD/CEO OGDCL given Best CEO Award 2014

MD/CEO Oil & Gas Development Company Limited OGDCL Muhammad Rafi, honoured with the Best CEO Award 2014 in Oil & Gas Producers Category in a ceremony held at Karachi organized under the auspices of Karachi & Islamabad Stock Exchanges in collaboration with
Published 07 Jan, 2015 12:00am
Iran hands over 56 deportees

Iran hands over 56 deportees

Iranian security forces handed over 56 Pakistani nationals to Levies force on Pak-Iran border in Taftan area of the district. Levies force informed on Tuesday that those Pakistani workers had been apprehended from parts of Iran because they were living th
Published 07 Jan, 2015 12:00am
Lasbela Chamber chief for 150 to 200 basis points cut in interest rate

Lasbela Chamber chief for 150 to 200 basis points cut in interest rate

President Lasbela Chamber of Commerce and Industry (LCCI) Yakoob H. Karim has urged State Bank of Pakistan (SBP) to announce at least 150 to 200 basis points cut in interest rate in Monetary Policy being announced on January 15, 2015 which would certainly
Published 07 Jan, 2015 12:00am
CCP raids PBA office, confiscates record

CCP raids PBA office, confiscates record

The Competition Commission of Pakistan (CCP) on Tuesday raided the office of Pakistan Broadcasters Association (PBA) located at Karachi and confiscated relevant record to investigate alleged cartelization among media houses. Sources told Business Recor
Published 07 Jan, 2015 12:00am
KP IGP praises Charsadda, DI Khan police

KP IGP praises Charsadda, DI Khan police

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani Tuesday awarded Charsadda and D I Khan police on arresting a dreaded terrorist involved in different terrorist attacks and proclaimed offender decamped from the central prison in
Published 07 Jan, 2015 12:00am
PBA condemns CCP action

PBA condemns CCP action

Pakistan Broadcasters Association (PBA) strongly condemned the arbitrary action taken by Competition Commission of Pakistan (CCP) against PBA Tuesday in Karachi. The CCP officials entered the premises of PBA Secretariat and took away all the important ori
Published 07 Jan, 2015 12:00am
IESCO notice

IESCO notice

According to IESCO Spokesman, due to electricity maintenance/development work, power supply of the following feeders would remain suspended as under:- From 08 January 08:00am to 09 January 04:00pm, Baloch and Jandali feeders will be affected.
Published 07 Jan, 2015 12:00am
Two Rangers personnel killed in encounter

Two Rangers personnel killed in encounter

Two paramilitary Rangers personnel were killed and another injured in an encounter with alleged militants in Sherpao Colony, Landhi in the wee hours on Tuesday. According to details, Rangers personnel conducted a raid in Sherpao Colony, Landhi on a tip-of
Published 07 Jan, 2015 12:00am
Jewellery export plunges 98.03 percent

Jewellery export plunges 98.03 percent

The country's jewellery export plunged by 98.03 percent to US 3.940 million dollars in July to November, 2014-15, according to Pakistan Bureau of Statistics (PBS). Jewellery export posted a fall of US 196.104 million dollars in July to November 2014-15 do
Published 07 Jan, 2015 12:00am
Kashmir villagers flee amid cross-border firing

Kashmir villagers flee amid cross-border firing

Thousands of villagers had fled from their homes on either side of a stretch of the India-Pakistan border where shooting continued intermittently Tuesday, officials said. At least 10 civilians and soldiers from both sides have been killed since the latest
Published 07 Jan, 2015 12:00am
Peace pre-requisite for development: Ahsan

Peace pre-requisite for development: Ahsan

Ahsan Iqbal Federal Minister Planning, Development & Reform said on Tuesday that Peace was a pre requisite for development. "Today country is facing extra ordinary security situation which requires special measures to restore peace and order in the countr
Published 07 Jan, 2015 12:00am
Services Hospital Comprehensive security plan finalised

Services Hospital Comprehensive security plan finalised

Medical Superintendent Services Hospital Lahore Dr Umer Farooq Baloch has said that a comprehensive security plan for the hospital has been finalised. The plan has been prepared in consultation with security experts. Under the plan, all the patients would
Published 07 Jan, 2015 12:00am
Sale of illegal SIMs: KCCI welcomes Rangers' warning to cellphone cos

Sale of illegal SIMs: KCCI welcomes Rangers' warning to cellphone cos

President Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Vohra while welcoming Pakistan Rangers Sindh's warning to all mobile phone companies about the sale of unregistered/illegal SIMs, reiterated KCCI's six-year old demand to shut down a
Published 07 Jan, 2015 12:00am
Government to provide funds for Fata development: Prime Minister

Government to provide funds for Fata development: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Tuesday said that government would provide funds for the development of Fata particularly for the provision of health and education facilities. The Prime Minister stated this while talking to a delegation of Fata Se
Published 07 Jan, 2015 12:00am
US expresses concern over rising Pak-India tensions

US expresses concern over rising Pak-India tensions

The United States on Monday expressed concern over rising Pakistan-India tensions and the exchange of fire along the working boundary, which has claimed four Pakistani civilian lives. State Department Spokesperson Jen Psaki said Washington encourages Isla
Published 07 Jan, 2015 12:00am
Youth Force for Peace being constituted at UC level

Youth Force for Peace being constituted at UC level

Provincial Minister for Education, Rana Mashhood Ahmed Khan has said that youth force for peace comprising five lakh youth for coping with terrorists is being constituted at union council level throughout the province. The students of 9th and 10th class w
Published 07 Jan, 2015 12:00am
Balochistan police to install biometric system at Arsenal Depot

Balochistan police to install biometric system at Arsenal Depot

The Balochistan police would install Biometric system at Arsenal Depot aimed at keep check on issuance of arms and ammunitions, Capital City Police Officer Quetta, Abdul Razzaq Cheema told APP here. The move came after police officials deployed at Balochi
Published 07 Jan, 2015 12:00am
IHC issues notice to Lakhvi

IHC issues notice to Lakhvi

The Islamabad High Court on Tuesday issued a notice to Zakiur Rehman Lakhvi - the main accused in the 2008 Mumbai terrorists attack case, in a petition challenging Lakhvi's bail. A Division bench of the high court comprising Justice Shaukat Aziz Siddiqui
Published 07 Jan, 2015 12:00am
Punjab government extends assistance to deceased father

Punjab government extends assistance to deceased father

Member Punjab Assembly Syed Zaeem Hussain Qadri presented a cheque of financial assistance for Rs 500,000 to Muhammad Yasin, father of deceased Moeen who was killed after abuse in Green Town. On the direction of Chief Minister Punjab, Spokesman of Punjab
Published 07 Jan, 2015 12:00am
Supreme Court to hear pleas against illegal hydrants in Karachi

Supreme Court to hear pleas against illegal hydrants in Karachi

The Chief Justice of Pakistan, Justice Nasir-ul-Mulk, took notice on applications received through the Human Rights Cell of the Supreme Court stating that influential mafias have established illegal hydrants openly in the city of Karachi by taking illegal
Published 07 Jan, 2015 12:00am
CCP's portrayal of auto sector comes under criticism

CCP's portrayal of auto sector comes under criticism

Auto parts manufacturers have criticised Competition Commission of Pakistan's (CCP) portrayal of the auto sector. Auto parts manufacturers claim that they are disillusioned and frustrated by the ongoing tussle between the government officials and passenge
Published 07 Jan, 2015 12:00am
Boat incident: implausible story

Boat incident: implausible story

That there is method in India's madness is a fact that has found its best expression in its implausible story of a boat used as an explanation or excuse. Nobody even in India's press believes the story about the boat incident. The Indian Express, for exam
Published 07 Jan, 2015 12:00am
Mideast conflict enters new phase with Palestinian ICC bid

Mideast conflict enters new phase with Palestinian ICC bid

The Palestinians have moved into uncharted territory by bidding to join the International Criminal Court, analysts say, with the decades-old conflict with Israel now set to play out on the world stage. After years of threats, the Palestinians finally turn
Published 07 Jan, 2015 12:00am
High Noon on the Gulf Coast: Canada, Saudi oil set for showdown

High Noon on the Gulf Coast: Canada, Saudi oil set for showdown

As a test of wills between Opec nations and US shale drillers fuels a global oil market slump, a brewing battle between Canadian and Saudi Arabia heavy crudes for America's Gulf Coast refinery market threatens to drive prices even lower. While the stand-o
Published 07 Jan, 2015 12:00am
Pakistan scorecard 2014

Pakistan scorecard 2014

The year 2014 began in Pakistan with business as usual but closed rather dramatically with a paradigm shift in our way of politics, state governance and split of society into those struggling for a change and the ones adamant to maintain status quo. In be
Published 07 Jan, 2015 12:00am
The farce that sank with the boat

The farce that sank with the boat

A recent Facebook video of a lecture by India's ex-spymaster and now Modi government's national security advisor, Ajit Doval, says it all. What is that farce of exploding a fishing boat by an Indian Coast Guards ship in the Indian Ocean on the night betwe
Published 07 Jan, 2015 12:00am
The Weather

The Weather

The weather report on Tuesday (January 06, 2015) and the forecast for Wednesday (January 07, 2015).

Published 07 Jan, 2015 12:00am
Nepra report: an eye-opener

Nepra report: an eye-opener

In its 2013-14 annual report, National Electric Power Regulatory Authority (Nepra) has highlighted major bottlenecks in the performance of power sector ranging from circular debt to an expensive energy mix to inefficient-run power plants to high transmiss
Published 07 Jan, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 06, 2015).

Published 07 Jan, 2015 12:00am
Eight new planets found in possible life-bearing zones

Eight new planets found in possible life-bearing zones

Eight new planets have been found orbiting their stars in the so-called "Goldilocks zone," neither too hot nor too cold for water and possibly life to exist, astronomers said Tuesday. The discovery doubles the number of known planets that are close in siz
Published 07 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 07 Jan, 2015 12:00am
Cuba freed some political prisoners on list: US

Cuba freed some political prisoners on list: US

Cuba has freed some of the 53 political prisoners identified on a US list as it moves towards normalising ties with the United States, an American official said Tuesday. "They have already released some of the prisoners," State Department spokeswoman Jen
Published 07 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 07 Jan, 2015 12:00am
School attacks killed 160 Syrian children in 2014: UN

School attacks killed 160 Syrian children in 2014: UN

At least 160 children died in attacks on schools in war-ravaged Syria last year and the education of 2.4 million has been cut short by the fighting, the UN said Tuesday. Schools should be "zones of peace", the UN children's agency said, adding that pupils
Published 07 Jan, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 06, 2015).

Published 07 Jan, 2015 12:00am
ATTA to replace APTTA in March

ATTA to replace APTTA in March

Pakistan, Afghanistan and Tajikistan are to ink a Trilateral Transit Trade Agreement (ATTA) in March 2015 which will replace the existing Afghanistan Pakistan Transit Trade Agreement (APTTA), sources close to Secretary Commerce told Business Recorder</
Published 07 Jan, 2015 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (January 06, 2015) and for Wednesday (January 07, 2015).
Published 07 Jan, 2015 12:00am
ATTA to replace APTTA in March

ATTA to replace APTTA in March

Pakistan, Afghanistan and Tajikistan are to ink a Trilateral Transit Trade Agreement (ATTA) in March 2015 which will replace the existing Afghanistan Pakistan Transit Trade Agreement (APTTA), sources close to Secretary Commerce told Business Recorder</
Published 07 Jan, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 06, 2015)

Published 07 Jan, 2015 12:00am
ATTA to replace APTTA in March

ATTA to replace APTTA in March

Pakistan, Afghanistan and Tajikistan are to ink a Trilateral Transit Trade Agreement (ATTA) in March 2015 which will replace the existing Afghanistan Pakistan Transit Trade Agreement (APTTA), sources close to Secretary Commerce told Business Recorder</
Published 07 Jan, 2015 12:00am
John Boehner re-elected US House speaker

John Boehner re-elected US House speaker

Republican John Boehner was re-elected and sworn in Tuesday as speaker of the US House of Representatives, overcoming a surprisingly robust attempt to oust him by two dozen hardcore conservatives. Boehner received 216 of the 408 votes cast in the chamber,
Published 07 Jan, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (January 06, 2015).

Published 07 Jan, 2015 12:00am
John Boehner re-elected US House speaker

John Boehner re-elected US House speaker

Republican John Boehner was re-elected and sworn in Tuesday as speaker of the US House of Representatives, overcoming a surprisingly robust attempt to oust him by two dozen hardcore conservatives. Boehner received 216 of the 408 votes cast in the chamber,
Published 07 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 06, 2015).

Published 07 Jan, 2015 12:00am
Prime Minister''s presence to turn Economy into Business Class

Prime Minister''s presence to turn Economy into Business Class

Prime Minister Nawaz Sharif along with his 22 cabinet colleagues is scheduled to leave for Bahrain on January 7, 2014 (today) on a one-day official visit. According to sources, Pakistan International Airline (PIA) is operating a special VVIP charter fligh
Published 07 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 06, 2015).

Published 07 Jan, 2015 12:00am
Prime Minister's presence to turn Economy into Business Class

Prime Minister's presence to turn Economy into Business Class

Prime Minister Nawaz Sharif along with his 22 cabinet colleagues is scheduled to leave for Bahrain on January 7, 2014 (today) on a one-day official visit. According to sources, Pakistan International Airline (PIA) is operating a special VVIP charter fligh
Published 07 Jan, 2015 12:00am
Prime Minister's presence to turn Economy into Business Class

Prime Minister's presence to turn Economy into Business Class

Prime Minister Nawaz Sharif along with his 22 cabinet colleagues is scheduled to leave for Bahrain on January 7, 2014 (today) on a one-day official visit. According to sources, Pakistan International Airline (PIA) is operating a special VVIP charter fligh
Published 07 Jan, 2015 12:00am
Thai authorities arrest terrorism convict

Thai authorities arrest terrorism convict

Thai authorities arrested Jagtar Singh, a man convicted of terrorism charges in India, officials said Tuesday. Thai police arrested Singh late on Monday at a house in the province of Chonburi 90 kilometres east of Bangkok. Singh, who was in Thailand under
Published 07 Jan, 2015 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee drifted lower against the dollar on the money market on Tuesday, dealers said. The rupee was down by 11-paisa versus the dollar for buying at Rs 100.94 and it also shed 13-paisa for selling at Rs 100.98, they said.
Published 07 Jan, 2015 12:00am
Thai authorities arrest terrorism convict

Thai authorities arrest terrorism convict

Thai authorities arrested Jagtar Singh, a man convicted of terrorism charges in India, officials said Tuesday. Thai police arrested Singh late on Monday at a house in the province of Chonburi 90 kilometres east of Bangkok. Singh, who was in Thailand under
Published 07 Jan, 2015 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee drifted lower against the dollar on the money market on Tuesday, dealers said. The rupee was down by 11-paisa versus the dollar for buying at Rs 100.94 and it also shed 13-paisa for selling at Rs 100.98, they said.
Published 07 Jan, 2015 12:00am
Prince Salman blames weak growth for ''tensions'' in oil market

Prince Salman blames weak growth for ''tensions'' in oil market

A weak global economy is the main reason for "tensions" in world oil markets, Saudi Arabia''s crown prince said Tuesday, in a speech on behalf of ailing King Abdullah. Prince Salman also indirectly touched on the violence ravaging Syria and neighbouring I
Published 07 Jan, 2015 12:00am
Prince Salman blames weak growth for 'tensions' in oil market

Prince Salman blames weak growth for 'tensions' in oil market

A weak global economy is the main reason for "tensions" in world oil markets, Saudi Arabia's crown prince said Tuesday, in a speech on behalf of ailing King Abdullah. Prince Salman also indirectly touched on the violence ravaging Syria and neighbouring Ir
Published 07 Jan, 2015 12:00am
Prince Salman blames weak growth for 'tensions' in oil market

Prince Salman blames weak growth for 'tensions' in oil market

A weak global economy is the main reason for "tensions" in world oil markets, Saudi Arabia's crown prince said Tuesday, in a speech on behalf of ailing King Abdullah. Prince Salman also indirectly touched on the violence ravaging Syria and neighbouring Ir
Published 07 Jan, 2015 12:00am
Boat controversy: Pakistan rejects Indian allegations

Boat controversy: Pakistan rejects Indian allegations

Pakistan on Tuesday dismissed Indian allegations as baseless and preposterous that the "terror-boat" that exploded off the Gujarat coast was from Pakistan. Commenting on the assertions by her Indian counterpart regarding the "terror-boat", Foreign Office
Published 07 Jan, 2015 12:00am
Boat controversy: Pakistan rejects Indian allegations

Boat controversy: Pakistan rejects Indian allegations

Pakistan on Tuesday dismissed Indian allegations as baseless and preposterous that the "terror-boat" that exploded off the Gujarat coast was from Pakistan. Commenting on the assertions by her Indian counterpart regarding the "terror-boat", Foreign Office
Published 07 Jan, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (January 06, 2015).

Published 07 Jan, 2015 12:00am
ISE index loses 13.14 points

ISE index loses 13.14 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 13.14 points as the ISE Ten Index moved from 3,921.59 to 3,908.45 points. The ov
Published 07 Jan, 2015 12:00am
ISE index loses 13.14 points

ISE index loses 13.14 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 13.14 points as the ISE Ten Index moved from 3,921.59 to 3,908.45 points. The ov
Published 07 Jan, 2015 12:00am
LSE index gains 20.19 points

LSE index gains 20.19 points

Equities on Tuesday moved both ways on the Lahore Stock Exchange and finally settled in negative zone amid sluggish trading activity. However, the LSE-25 index gained 20.19 points to close at 8417.86 against 8397.67 of Monday while transaction volume was
Published 07 Jan, 2015 12:00am
LSE index gains 20.19 points

LSE index gains 20.19 points

Equities on Tuesday moved both ways on the Lahore Stock Exchange and finally settled in negative zone amid sluggish trading activity. However, the LSE-25 index gained 20.19 points to close at 8417.86 against 8397.67 of Monday while transaction volume was
Published 07 Jan, 2015 12:00am
NASA closer than ever to finding Earth's 'twin'

NASA closer than ever to finding Earth's 'twin'

NASA is closer than ever to finding a twin for the Earth, astronomers said Tuesday, announcing the discovery of eight new planets that circle in the habitable zones of their stars. Two of the eight are the most Earth-like of any known planets found so far
Published 07 Jan, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Jan, 2015 12:00am
Japanese auto parts executive gets jail for price fixing

Japanese auto parts executive gets jail for price fixing

A former executive of a Japanese auto parts suppliers was sentenced to one year and one day in US prison after pleading guilty Tuesday to price fixing. Makoto Horie, formerly senior vice president of sales at the US arm of Toyoda Gosei, agreed to plead gu
Published 07 Jan, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 07 Jan, 2015 12:00am
More objects found in AirAsia wreck hunt, but no sign of black box

More objects found in AirAsia wreck hunt, but no sign of black box

Search teams scouring the ocean for the wreckage of an AirAsia jet found two new metal objects on Tuesday, but nine days after the plane crashed officials say there is still no sign of the crucial black box flight recorders. Bad weather continued to hampe
Published 07 Jan, 2015 12:00am
Finance body says it has been discussing trivial issues

Finance body says it has been discussing trivial issues

Members of National Assembly's Standing Committee on Finance have strongly criticised the working of the committee and stated that it has been discussing trivial issues when important developments have been taking place on the economic front which may hav
Published 07 Jan, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Jan, 2015 12:00am
Elections, bankruptcy, bank runs: the (unlikely) scenario of a 'Grexit'

Elections, bankruptcy, bank runs: the (unlikely) scenario of a 'Grexit'

A government which refuses to pay its debts, bank runs and investors fleeing: that is what a Greek exit from the euro, or a 'Grexit', would look like according to economists, although most still believe it is unlikely. Europe has seen this drama played ou
Published 07 Jan, 2015 12:00am
BRIndex30 sheds 178.93 points

BRIndex30 sheds 178.93 points

On Tuesday, BRIndex30 opened at 18,604.08 points. It touched an intraday high of 18,657.34 points and an intraday low of 18,338.45 points and closed at 18,425.15 points which was -178.93 points or -0.96 percent lower than previous close. Total volume was
Published 07 Jan, 2015 12:00am
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