Thursday 23 February 2012

DAILY LATEST NEWS UPDATE: 24.02.2012


Pasha, Petraeus held secret meeting: report


WASHINGTON: A US newspaper has claimed that a secret meeting between DG ISI Lt General Ahmed Shuja Pasha and CIA chief Gen David Petraeus was held this month.The paper said the meeting took place this month in which both the officials discussed anti-terror cooperation between the two countries.The report further stated that the US wanted to send special envoy to Pakistan Afghanistan Mark Grossman along with a high level delegation to Pakistan.



Business News

Fri, 24 Feb 2012

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Wall Street rises, nearing 4-year highs
NEW YORK: Wall Street stocks rose on Thursday after data showed the U.S. labor market remained on the mend, but th

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24-hr CNG pumps closure announced for Sindh
KARACHI: CNG stations across the province of Sindh will remain shut for 24 hours starting 9 AM Saturday, Geo News

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Pakistan, GCC negotiating Free Trade Agreement: Dr Asim
ISLAMABAD: Special Assistant to the Prime Minister for Petroleum and Natural Resources Dr Asim Hussain on Thursday

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Selling sucks away 87 points from KSE
KARACHI: Share prices at Karachi Stock Exchange (KSE) ended lower on Thursday as investors sold shares of heavywei

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Pakistan forex reserves fall to $16.64bn
KARACHI: Pakistan s foreign exchange reserves fell to $16.64 billion in the week ending Feb.17, compared with $16.

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OGDCL H1 FY11/12 net profit at 41.57bn rupees
KARACHI: The Oil and Gas Development Co Ltd (OGDCL) reported a net profit of 41.57 billion rupees ($457.87 million

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Brent above $123 on Iran, weaker dollar
LONDON: Brent rose above a nine-month high just shy of $124 per barrel on Thursday due to heightened tension betwe

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Wall Street closes in red on eurozone concerns
NEW YORK: US stocks ended Wednesday modestly in the red following disappointing eurozone data that added to signs

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Microsoft files EU complaint over Google, Motorola
BRUSSELS/NEW YORK: Microsoft Corp has asked EU antitrust regulators to intervene in a patent dispute with Google I

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Eurozone teetering on brink of recession
LONDON: The euro zone economy is in danger of tipping into recession, with the services sector shrinking this mont

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Another POL price hike on cards
ISLAMABAD: The Parliamentary committee formed for making recommendations for slashing prices of petroleum products

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Bulls further add 59 points to KSE
KARACHI: Local equities at Karachi Stock Exchange (KSE) ended higher on Wednesday, led by a rally in banking share

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Rupee ends firmer at 90.95/79 to dollar
KARACHI: In the currency market, the rupee ended firmer at 90.75/79 to the dollar, compared with Tuesday s close o

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Govt not interested in running PSM: Chairman BoDs
KARACHI: Chairman Board of Directors, Pakistan Steel Mills, Fazlullah Qureshi has said that the government is not

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Multan faces CNG closure for third consecutive day
MULTAN: Multan region is facing CNG closure for the third consecutive day while the citizens are forced to buy exp


LATEST/BRIEF NEWS:

·       Secretary given 15 days to justify SECP chief appointment
·       Four policemen die as militants attack police station in Peshawar
·       A high level meeting chaired by the Prime Minister Syed Yousaf Raza Gilani in Islamabad has discussed in detail the situation in Balochistan.
·       I wrote memo with Haqqanis consent: Ijaz
·       US resumed drone hits ignoring Pakistan
·       Secretary Defense Nargis Sethi visits GHQ
·       Musharraf issued notice for April 7


Mohammed Saleem Mansoori

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