News Archives for Print - 2015-01-17

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Privatisation Commission's (PC) board is likely to meet next week to review the progress being made in secondary public offering of Habib Bank Limited (HBL) and strategic sale of a minimum 88 percent government shares in National Power Construction Corpor

Published 17 Jan, 2015 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Three injured during protest against caricatures

At least three people were injured Friday in clashes between anti-Charlie Hebdo protesters and police outside the French consulate in Karachi, officials said, including an AFP photographer who was shot in the back. The protest by the student wing of the J

Published 17 Jan, 2015 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Three injured during protest against caricatures

At least three people were injured Friday in clashes between anti-Charlie Hebdo protesters and police outside the French consulate in Karachi, officials said, including an AFP photographer who was shot in the back. The protest by the student wing of the J

Published 17 Jan, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Rs 1.70 per unit increase: Ex-post facto approval accorded by ECC

Economic Co-ordination Committee (ECC) of the Cabinet has accorded ex-post facto approval of Rs 1.70 per unit increase in power tariff imposed by the Ministry of Water and Power under surcharges. Ministry of Water and Power, while presenting its case, arg

Published 17 Jan, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Rs 1.70 per unit increase: Ex-post facto approval accorded by ECC

Economic Co-ordination Committee (ECC) of the Cabinet has accorded ex-post facto approval of Rs 1.70 per unit increase in power tariff imposed by the Ministry of Water and Power under surcharges. Ministry of Water and Power, while presenting its case, arg

Published 17 Jan, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Rs 1.70 per unit increase: Ex-post facto approval accorded by ECC

Economic Co-ordination Committee (ECC) of the Cabinet has accorded ex-post facto approval of Rs 1.70 per unit increase in power tariff imposed by the Ministry of Water and Power under surcharges. Ministry of Water and Power, while presenting its case, arg

Published 17 Jan, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Fata legislators help government extend GIDC Ordinance by 120 days

The National Assembly Friday passed a resolution amid a strong protest to extend "The Gas Infrastructure Development Cess Ordinance, 2014" for a further period of 120 days. The ordinance was lapsing on January 22, 2015. All opposition members stood in the

Published 17 Jan, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Fata legislators help government extend GIDC Ordinance by 120 days

The National Assembly Friday passed a resolution amid a strong protest to extend "The Gas Infrastructure Development Cess Ordinance, 2014" for a further period of 120 days. The ordinance was lapsing on January 22, 2015. All opposition members stood in the

Published 17 Jan, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Fata legislators help government extend GIDC Ordinance by 120 days

The National Assembly Friday passed a resolution amid a strong protest to extend "The Gas Infrastructure Development Cess Ordinance, 2014" for a further period of 120 days. The ordinance was lapsing on January 22, 2015. All opposition members stood in the

Published 17 Jan, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

ICC prosecutor opens probe into war crimes against Palestinians

The International Criminal Court's prosecutor on Friday opened a preliminary probe into possible war crimes committed against Palestinians, including during last year's Gaza war. Fatou Bensouda said her office would conduct its "analysis in full independe

Published 17 Jan, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

ICC prosecutor opens probe into war crimes against Palestinians

The International Criminal Court's prosecutor on Friday opened a preliminary probe into possible war crimes committed against Palestinians, including during last year's Gaza war. Fatou Bensouda said her office would conduct its "analysis in full independe

Published 17 Jan, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Senate takes stock of Balochistan unrest

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Friday said that some Baloch separatist leaders are playing in the hands of 'others' and the matter is being raised with their host countries, including the UK.

Published 17 Jan, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Senate takes stock of Balochistan unrest

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Friday said that some Baloch separatist leaders are playing in the hands of 'others' and the matter is being raised with their host countries, including the UK.

Published 17 Jan, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Political, military leadership on the same page: CoAS

Chief of Army Staff General Raheel Sharif on Thursday visited Royal Military Academy and Royal College of Defence Studies in London. The CoAS said that that the Peshawar massacre united the whole nation, adding that the political and military leadership o

Published 17 Jan, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Political, military leadership on the same page: CoAS

Chief of Army Staff General Raheel Sharif on Thursday visited Royal Military Academy and Royal College of Defence Studies in London. The CoAS said that that the Peshawar massacre united the whole nation, adding that the political and military leadership o

Published 17 Jan, 2015 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 17 Jan, 2015 12:00am

Cyber bill introduced

The federal government on Friday introduced "The Prevention of Electronic Crime Bill, 2015" in the National Assembly aimed at effectively preventing cyber crimes as well as to contribute to the national security of the nation. The government also tabled "

Published 17 Jan, 2015 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Cyber bill introduced

The federal government on Friday introduced "The Prevention of Electronic Crime Bill, 2015" in the National Assembly aimed at effectively preventing cyber crimes as well as to contribute to the national security of the nation. The government also tabled "

Published 17 Jan, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Cyber bill introduced

The federal government on Friday introduced "The Prevention of Electronic Crime Bill, 2015" in the National Assembly aimed at effectively preventing cyber crimes as well as to contribute to the national security of the nation. The government also tabled "

Published 17 Jan, 2015 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Cyber bill introduced

The federal government on Friday introduced "The Prevention of Electronic Crime Bill, 2015" in the National Assembly aimed at effectively preventing cyber crimes as well as to contribute to the national security of the nation. The government also tabled "

Published 17 Jan, 2015 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Terror links: banks asked to block accounts, transactions

The government has directed all banks and relevant financial institutions block accounts and financial transactions of all the proscribed organisation maintaining links with terrorist outfits. An official of ministry of interior said that a decision to th

Published 17 Jan, 2015 12:00am

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 16, 2015).

Published 17 Jan, 2015 12:00am

Terror links: banks asked to block accounts, transactions

The government has directed all banks and relevant financial institutions block accounts and financial transactions of all the proscribed organisation maintaining links with terrorist outfits. An official of ministry of interior said that a decision to th

Published 17 Jan, 2015 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Terror links: banks asked to block accounts, transactions

The government has directed all banks and relevant financial institutions block accounts and financial transactions of all the proscribed organisation maintaining links with terrorist outfits. An official of ministry of interior said that a decision to th

Published 17 Jan, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Government bans Haqqani network after talks with Kerry

Pakistan has outlawed the Taliban-linked Haqqani network, officials said on Friday, days after US Secretary of State John Kerry urged Prime Minister Nawaz Sharif's government to fight groups that threaten Afghan, Indian and US interests. Senior Pakistani

Published 17 Jan, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Government bans Haqqani network after talks with Kerry

Pakistan has outlawed the Taliban-linked Haqqani network, officials said on Friday, days after US Secretary of State John Kerry urged Prime Minister Nawaz Sharif's government to fight groups that threaten Afghan, Indian and US interests. Senior Pakistani

Published 17 Jan, 2015 12:00am

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 16, 2015).

Published 17 Jan, 2015 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (January 16, 2015).

Published 17 Jan, 2015 12:00am

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 17 Jan, 2015 12:00am

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 17 Jan, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 17 Jan, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 17 Jan, 2015 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Jan, 2015 12:00am

Children's cartoons deadlier than films for adults: study

Children's cartoons depict death more often than films for adults, and their main characters are more than twice as likely to be killed off, according to research released last Tuesday. The study found the main characters in children's cartoons were two a

Published 17 Jan, 2015 12:00am

BRIDGE NOTES: Think before you play

In a NT contract what do you do as declarer on the first trick? Simple - you count your losers and winners, like in this one: As south, on the lead of QS in a contract of 3NT, you count your 8 winners - 5 in clubs, 2 in spades and 1 in heart. So you need

Published 17 Jan, 2015 12:00am

Amazon win highlights blurring TV/Internet line

The Golden Globes triumph of Amazon's online series "Transparent" highlights the increasingly blurred lines between televion and the Internet. "TV and the Internet are becoming one and the same, and in a few years that line will completely dissolve," said

Published 17 Jan, 2015 12:00am

'Boyhood' prevails in Golden Globes that may alter Oscar race

Coming of age tale "Boyhood" won the coveted Golden Globe for best drama on Sunday, while the quirky period caper "The Grand Budapest Hotel" was the surprise winner for best comedy or musical, in a big upset to awards season front-runner "Birdman." The fi

Published 17 Jan, 2015 12:00am

Google turns smartphones into real-time translators

Google on Wednesday began turning smartphones into real-time language translators - of both written and spoken content. The California-based Internet titan is hoping that, along with making it easier for people to understand one another on their travels,

Published 17 Jan, 2015 12:00am

Facebook 'likes' reveal your true personality

A computer programme that analyzes your Facebook "likes" may be a better judge of your personality than your closest friends and family, according to research out Monday. The study in the Proceedings of the National Academy of Sciences was led by research

Published 17 Jan, 2015 12:00am

How to age gracefully? Ask a bowhead whale

To learn the secret behind aging gracefully, you may want to check out the bowhead whale, the majestic denizen of the Arctic waters that boasts a lifespan topping 200 years. Scientists last Monday unveiled the genetic blueprint for the bowhead whale, a ge

Published 17 Jan, 2015 12:00am

Winter feast

Winter, spring, summer, and fall each bring their own seasonal flavours. For example, summer season offers unique refreshing juices to avoid dehydration. Likewise, to beat the winter chill, it is important to cook foods that keep the entire family warm. F

Published 17 Jan, 2015 12:00am

'World needs electric cars now more than ever'

The electronic vehicles on display at the North American International Auto Show (NAIAS) in Detroit gleamed just like the other cars at the show, but some people wondered whether they might be losing their lustre at a time of drastically lower petrol pric

Published 17 Jan, 2015 12:00am

Can the printed atlas survive in the digital age?

So, where exactly is Timbuktu? There was a time when the only way to check such a fact was to reach for an atlas. That seems old-fashioned in this internet age, when Google Earth can virtually take a person to Mali, or any of many other points, sometimes

Published 17 Jan, 2015 12:00am

'Heads-up display' during surgery is eye-opener for ophthalmologist

When Dr Claus Eckardt makes delicate incisions on an eye, he doesn't look down into a microscope like those preferred by many of his ophthalmologist colleagues. Wearing 3D glasses, he looks at a flat-panel display beside his patient. The new-style surgica

Published 17 Jan, 2015 12:00am

ART FACTS: Needs and aspirations

The art scene of our country has come a long way in the last decade, which is evident from the escalating art activities in different cities. The art activities calendar runs throughout the year as different art galleries organize group shows as well as s

Published 17 Jan, 2015 12:00am

Mangroves - defence against storms and tsunamis - threatened

Thick mangroves have long protected Karachi, southern Pakistan's sprawling metropolis, from battering by the Arabian Sea, but pollution, badly managed irrigation and years of illegal logging have left this natural barrier in a parlous state. Experts fear

Published 17 Jan, 2015 12:00am

KARACHI CHRONICLE: Lyari's love is so wonderful

Since decades Karachiites in general have distanced themselves from the people of Lyari, but now there are signs the whole city is reaching out to befriend them. Men and women of the middle-class and affluent class, artists, actors, teachers, singers, mus

Published 17 Jan, 2015 12:00am

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.626 billion as compared to PKR 3.017 billion reported on Wednesday, an increase of 20 percent. The number of lots traded also increased by 31 percent to 20,376 from 15,530. PMEX Com

Published 17 Jan, 2015 12:00am

Ukraine's Agriculture Ministry asks traders to curb wheat exports

Ukraine's Agriculture Ministry asked traders to cap milling wheat exports at 200,000 tonnes per month in January and February despite a large volume of wheat in stocks, traders said on Tuesday. The suggested limits are not obligatory, traders said. The mi

Published 17 Jan, 2015 12:00am

US Midwest corn bids higher

Spot corn basis bids were higher at some US Midwest elevators on Thursday as soft Chicago Board of Trade corn futures dragged on cash prices, dealers said. Elevators increased their bids by 2 to 3 cents per bushel near Chicago, in Council Bluffs, Iowa, an

Published 17 Jan, 2015 12:00am

US FOB Gulf corn, soya basis offers firmer

US FOB Gulf basis offers for corn and soyabeans were slightly firmer for nearby shipments after this week's slide in futures stirred fresh demand and ocean freight eased, traders said late Thursday. HRW wheat offers were generally steady after ticking hig

Published 17 Jan, 2015 12:00am

CBOT wheat hits two-month low

Wheat futures on the Chicago Board of Trade fell on Thursday for a seventh straight session, with most-active March hitting a two-month low on technical selling and sluggish export demand before paring losses in the last hour of trade, brokers said. K.C.

Published 17 Jan, 2015 12:00am

European wheat futures rise after four-week low

European wheat futures rose slightly on Tuesday, recovering from a four-week low, but weakness in the US market and an outlook for high global supply limited the rebound. A fall in the euro to near a nine-year low against the dollar, plus news of more inf

Published 17 Jan, 2015 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 118,556 tonnes of cargo comprising 89,306 tonnes of import cargo and 29,250 tonnes of export cargo including 6,697 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 89,3

Published 17 Jan, 2015 12:00am

Cotton market bubbles with hope as rates stabilize

Prices stabilised on the cotton market on Friday on expectations of revival of demand by mills and spinners, and partly because of rise in NY cotton futures, dealers said. The official spot rate was unchanged at Rs 4,950, dealers said. In the ready sessio

Published 17 Jan, 2015 12:00am

No change on grain market

According to press release of the Wholesale Grain Merchant Group, no change was seen on the local commodity market on Friday.

Published 17 Jan, 2015 12:00am

Palm oil prices fall on European vegoils market

Palm oil prices on the European vegetable oils market dipped on Tuesday in the wake of a fall in Malaysian palm oil futures to their lowest in nearly a week after losses in US and Chinese soyaoil markets. Soya markets took a beating late on Monday after t

Published 17 Jan, 2015 12:00am

Barclays lost millions of dollars on Swiss moves

British bank Barclays lost tens of millions of dollars from the volatile moves in the Swiss franc on Thursday, an industry source said on Friday. Several banking sources said most major banks were likely to have lost money from the unprecedented surge in

Published 17 Jan, 2015 12:00am

Barclays lost millions of dollars on Swiss moves

British bank Barclays lost tens of millions of dollars from the volatile moves in the Swiss franc on Thursday, an industry source said on Friday. Several banking sources said most major banks were likely to have lost money from the unprecedented surge in

Published 17 Jan, 2015 12:00am

Consumers, foreign trade drove German 2014 growth of 1.5 percent

Consumers and foreign trade fuelled a 1.5 percent expansion in the German economy in 2014, its best performance in three years, which will prop up the euro zone reading but masks weakness in the final three quarters of the year. Private consumption contri

Published 17 Jan, 2015 12:00am

Indian government eyes Plan B as $10 billion sell-off deadline nears

India's government is scrambling to put together a 'Plan B' to raise even a fraction of its $10 billion target from asset sales, officials said, with potential new sales including part of its stake in refiner Indian Oil. Prime Minister Narendra Modi's gov

Published 17 Jan, 2015 12:00am

Indian government eyes Plan B as $10 billion sell-off deadline nears

India's government is scrambling to put together a 'Plan B' to raise even a fraction of its $10 billion target from asset sales, officials said, with potential new sales including part of its stake in refiner Indian Oil. Prime Minister Narendra Modi's gov

Published 17 Jan, 2015 12:00am

US consumer prices post biggest drop in six years

US consumer prices recorded their biggest decline in six years in December and a gauge of underlying inflation held steady, which could bolster the case for delaying the first interest rate increase from the Federal Reserve. The Labor Department said on F

Published 17 Jan, 2015 12:00am

WTO rules against Argentina in import restrictions case

The World Trade Organization on Thursday rejected Argentina's bid to overturn a ruling in favor of the United States, the European Union and Japan against the South American country's licensing rules used to restrict imports. The WTO's appellate body reco

Published 17 Jan, 2015 12:00am

Goldman Sachs profit hit by weak fixed-income trading

Goldman Sachs Group Inc reported a 7 percent drop in fourth-quarter profit as an unexpected bout of market volatility in December hit its bond-trading business. Fixed-income trading, long a strength for the bank, came under pressure last year due to stric

Published 17 Jan, 2015 12:00am

Goldman Sachs profit hit by weak fixed-income trading

Goldman Sachs Group Inc reported a 7 percent drop in fourth-quarter profit as an unexpected bout of market volatility in December hit its bond-trading business. Fixed-income trading, long a strength for the bank, came under pressure last year due to stric

Published 17 Jan, 2015 12:00am

Global economic outlook is glum despite cheaper oil: IMF

A sharp drop in oil prices and a stronger US economy probably won't be enough to brighten the outlook for global growth this year, the head of the International Monetary Fund warned on Thursday. IMF Managing Director Christine Lagarde said that while chea

Published 17 Jan, 2015 12:00am

Global economic outlook is glum despite cheaper oil: IMF

A sharp drop in oil prices and a stronger US economy probably won't be enough to brighten the outlook for global growth this year, the head of the International Monetary Fund warned on Thursday. IMF Managing Director Christine Lagarde said that while chea

Published 17 Jan, 2015 12:00am

Schlumberger to cut 9,000 jobs as oil prices plunge

Schlumberger Ltd, the world's No 1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs in response to a continuing fall in oil prices. The company took an already announced $1 bi

Published 17 Jan, 2015 12:00am

Erdogan calls on central bank to cut interest rates

President Tayyip Erdogan called on Friday for the Turkish Central Bank to cut interest rates, saying he may summon central bank officials to discuss the issue if necessary, exerting pressure on the bank before its policy meeting next week. Turkey faces a

Published 17 Jan, 2015 12:00am

Swiss franc shock shuts some forex brokers; regulators move in

The Swiss franc shock reverberated through currency trading firms on Friday, dealing the heaviest blows to those catering for small-scale retail clients and forcing regulators to take a closer look at the sector. Some major banks also lost out when the Sw

Published 17 Jan, 2015 12:00am

Spain's Isolux Corsan says to seek stock market listing

Spanish energy and construction company Isolux Corsan said on Friday it planned to list on the Spanish stock exchange to raise around 600 million euros ($698 million) to reduce debt and fund growth. This marks the third Spanish stock market listing to be

Published 17 Jan, 2015 12:00am

Spain's Isolux Corsan says to seek stock market listing

Spanish energy and construction company Isolux Corsan said on Friday it planned to list on the Spanish stock exchange to raise around 600 million euros ($698 million) to reduce debt and fund growth. This marks the third Spanish stock market listing to be

Published 17 Jan, 2015 12:00am

Czech producer price drop highlights deflation risks

Czech producer prices fell more than expected in December, highlighting deflation risks to the economy that have fuelled speculation the central bank may need to loosen monetary policy by weakening the crown again. The producer price index (PPI) dropped b

Published 17 Jan, 2015 12:00am

Intel forecasts disappointing revenue; shares fall

Chipmaker Intel Corp forecast current-quarter revenue and gross margins that disappointed investors, sending its shares down more than 2 percent in extended trading. Revenue from its mainstay PC business fell about 3 percent to $8.9 billion in the fourth

Published 17 Jan, 2015 12:00am

Intel forecasts disappointing revenue; shares fall

Chipmaker Intel Corp forecast current-quarter revenue and gross margins that disappointed investors, sending its shares down more than 2 percent in extended trading. Revenue from its mainstay PC business fell about 3 percent to $8.9 billion in the fourth

Published 17 Jan, 2015 12:00am

Strike ends at Brazil Volkswagen factory as 800 workers get jobs back

Workers at a Volkswagen AG factory in Brazil voted on Friday to end a 10-day strike after the carmaker agreed to reverse layoffs of 800 employees and presented a new labour deal through 2019. Volkswagen said it would cut costs instead through voluntary bu

Published 17 Jan, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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