Tuesday 25 December 2012

LATEST NEWS UPDATE: 26.12.2012



LATEST/BRIEF  NEWS:
PAKISTAN (Brief News):
o    ASWJ declares strike in Karachi
o   Election to be held on time: Malik
o   Haroon Bilour to be CM’s special advisor
o   Karachi in a daze as violence claims 11 lives
o   Arrangements finalized for fifth anniversary of Benazir Bhutto in Garhi Khuda Bukhsh
o   President Zardari set to open Benzir Bhutto Cricket Stadium in Garhi Khuda Bukhsh
o   Sunni Tehrik to announce political alliance, seats adjustment formula on December 28
o   Sunni Tehrik to announce political alliance, seats adjustment formula on December 28
o    Agreement reached on Pak judicial panels visit to India
o   Assemblies to go on March 16: Kaira
o   Sectarian attacks engulf Karachi

WOLRD(Brief News):
o   Israel says has no proof poison gas used in Syria
o   Ambushed NY firemen shot dead; two police killed elsewhere
o   Two killed as passenger plane lands in Myanmar rice field
o   Japan's incoming PM keeps up pressure on BOJ to attack deflation
o   Egypt to announce result of constitution vote on Tuesday
o   Gulf Arabs demand end to Iran "interference"
o   Syrian refugees face harsh winter in desperate conditions
o   U.N. General Assembly voices concern for Myanmar's Muslims
o   Lawmakers play waiting game with 'fiscal cliff' deadline in sight
o   U.N. approves new debate on arms treaty opposed by U.S. gun lobby
o   Dockworkers at Northwest ports reject pact offer
o   Kuwait to host Syria crisis meeting, envoy meets Assad
o   India clamps down on gang rape protests, PM appeals for calm
o   South Africa's Mandela to remain in hospital for Christmas
o   Monti urges debate on Italy election as rivals open fire
o   Lawmakers play waiting game with "fiscal cliff" deadline in sight
o   Ambushed NY firemen shot dead; 2 police killed elsewhere
o   Air strike kills dozens of Syrians waiting to buy bread

WOLRD BUSINESS(Brief News):
o   Hitachi CEO: Still in talks on Lithuania nuclear project
o   Japan's incoming PM keeps up pressure on BOJ to attack deflation
o   Sony says China business has recovered, foresees growth
o   Yen on defensive on U.S. fiscal worry, helps Nikkei
o   Lawmakers play waiting game with 'fiscal cliff' deadline in sight
o   New Jersey pension fund sues NYSE Euronext on ICE deal
o   TSX closes lower as U.S. budget fears linger
o   Chevron to buy stake in Kitimat LNG from Encana, EOG
o   Start of "Santa Claus rally" dampened by "cliff' worries
o   U.S. budget woes weigh on stocks, yen off
o   Carlyle takes on KKR in race for Reynolds and Reynolds: sources
o   Botswana cbank keeps bank rate at 9.5 percent
o   Yields at Egypt auction of 5-year bonds
o   Kenya's economic growth leaps on strong agriculture
o   Kenya shilling flat vs dollar, stocks edge lower
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.37
S.Arabia         26.23
U.K                 159.04
Japan              1.1664
Euro               129.68
U.A.E             26.78

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs 53,057
Silver Tezabi                Rs 960.00

Wed, 26Dec 2012



-
Oil up in Asia as traders eye US fiscal cliff talks
SINGAPORE: Oil prices were up in post-Christmas Asian trade Wednesday as traders warily eyed the soon-to-resume US

-
Yen tumbles in Asia as new Japan PM takes office
TOKYO: The yen tumbled to a 20-month low in Asian trading Wednesday on expectations that incoming Japanese premier

-
Dollar hits new 20-month high, tops 85 yen
TOKYO: The dollar rose past 85.00 yen in early Asian trade on Wednesday on expectations that the Bank of Japan (Bo

-
KSE benchmark100-share index gains 26 points
KARACHI: The Karachi Stock Exchange s (KSE) benchmark100-share index ended 0.16 percent, or 26.60 points, higher a

-
Yen slips as Abe steps up pressure on BoJ
SINGAPORE: The yen dipped against the greenback and euro in Asian trade Monday as incoming Japanese premier Shinzo

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Asian markets rise, yen weaker on Abe comments
HONG KONG: Asian markets rose in quiet pre-Christmas trade on Monday after big losses in the previous session as U

-
Oil down in Asia on US fiscal cliff worries
SINGAPORE: Oil prices were lower in quiet Christmas eve trade Monday with traders discouraged by a political stale

-
APTMA convenes meeting against power cut
LAHORE: The power supply to textile industry has been cut in Punjab for indefinite period, Geo News reported on Mo

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Ogra sends CNG pricing formula to ECC
ISLAMABAD: Oil and Gas regulatory Authority (Ogra) has sent CNG pricing formula to Economic Coordination Committee

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Sindh CNG stations closed for 24 hours
ews reporter

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Gas supply to Punjab industries suspended once again
FAISALABAD: The gas supply to industrial sector in Punjab areas including Faisalabad has been suspended once again

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Petrol price decreased by Rs1.23 per litre
ISLAMABAD: The price of petrol has been reduced by Rs1.23 per litre from Rs102.65 to Rs101.42 per litre, Geo News

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KSE 100-share index ends lower
KARACHI: The Karachi Stock Exchange s (KSE) benchmark100-share index ended 0.25 percent, or 42.68 points, lower at

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Sindh: another CNG closure for 24hrs
KARACHI: Sui Southern Gas Company (SSGC) here Friday announced that all CNG stations in Sindh region will remain c

-
Petrol price to decrease, diesel to increase on December 22
ISLAMABAD: The Petroleum Ministry on the recommendation of the Finance Ministry has approved a change in the price




MOHAMMED SALEEM MANSOORI

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