Sunday 27 January 2013

LATEST NEWS UPDATE: 28.01.2013



LATEST NEWS UPDATE:
 Latest News in Brief:
o   Pak-India trade to resume today
o   Supreme Court to hear memo case today
o   SC to hear Kamran Faisal case today
o   Coalmine toxic gas kills 8 of suffocation in Loralai
o   India test-fires underwater missile
o   Traders murder: Karachi electronics markets to remain shut on Monday
o   Karachi violence toll rises to 13
 WOLRD(Brief News):
o   Thousands march against gun violence in Washington
o   Brazil nightclub fire kills more than 200: police
o   Egyptian youths, police clash in fourth day of violence
o   French, Malians reach Timbuktu in rebel-held north: source
o   Third bomb attack in 24 hours kills eight Afghan police
o   Israel vows Syria strike at any sign of chemical arms transfer
o   China keeps mum on Bo trial despite talk it could start on Monday
o   Venezuela's Chavez overcomes infection, still having treatment
o   Italy central bank approves Monte Paschi bailout request
o   Leading Senate liberal Harkin of Iowa to retire
o   Italy central bank approves Monte Paschi bailout request
o   EU, U.S. on verge of "difficult" free-trade negotiations
o   EU, Mercosur to unblock trade talks, hurdles remain
o   Iraqi Sunnis mourn protesters shot dead by troops
o   Medvedev says Magnitsky fallout not bad for Russian business
o   Singapore ruling party rebuked in by-election as disquiet rises
o   Riots over Egyptian death sentences kill at least 32
o   French, Malian forces capture Gao rebel stronghold
o   Time to open up to trade, EU tells Argentina, Brazil
o   Venezuela's Chavez overcomes infection, treatment continues
o   Ten Afghan police officers killed in suicide bombing
o   Leftist ex-PM Zeman wins Czech presidential election
o   Clash between Pakistani Taliban, militia said to kill 31
o   Exclusive: ECB rejects Irish bid on promissory note - sources
o   Bankers, policymakers say Europe's crisis not over
WOLRD BUSINESS(Brief News):
o   Zurich sees no threat to dividend policy from Sandy storm
o   Dubai may ease restriction for foreign investors
o   Rothschild says never advised Monte Paschi on Antonveneta buy
o   Italy central bank approves Monte Paschi bailout request
o   Retailer SPAR to enter Middle East, eyes five markets
o   Egypt offers $50 mln at latest forex auction
o   China December industrial profits up 17.3 percent on year
o   Fraser and Neave adviser says Thai tycoon's raised offer is "fair"
o   EU, U.S. on verge of "difficult" free-trade negotiations
o   EU, Mercosur to unblock trade talks, hurdles remain
o   Mercosur to unblock talks, EU trade chief sees U.S. negotiations
o   Ireland says horse DNA in its burgers came from Poland
o   ECB's Asmussen warns against unilateral forex moves
o   Time to open up to trade, EU tells Argentina, Brazil
o   Medvedev says Magnitsky fallout not bad for Russian business

Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.58
S.Arabia         26.29
U.K                 156.06
Japan              1.1131
Euro               131.25
U.A.E             26.84


BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)          Rs 53,785
Silver Tezabi                     Rs 968.57

 Mon, 28 Jan 2013

-
Oil prices rise in Asia after Wall Street rally
SINGAPORE: Oil prices rose in Asian trade Monday with dealers encouraged by better-than-expected earnings data on

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Tokyo stocks mixed by break
TOKYO: Tokyo stocks were mixed on Monday morning as investors locked in profits after the benchmark Nikkei 225 ind

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Pak-India trade to resume today after border flare-up
KARACHI: Bilateral trade and bus service between India and Pakistan would resume today (Monday) following escalation

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Gas supply to Punjab industries to be restored from Feb 1: Asim
FAISALABAD: Petroleum Advisor Dr Asim Hussain has announced the provision of gas supply to the industries in Punjab

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APTMA postpones protests in Punjab after gas supply assurance
LAHORE: All Pakistan Textile Mills Association (APTMA) Saturday postponed their protests as the government assured

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Punjab CNG stations shut down again
LAHORE: CNG stations all across the province of Punjab including the capital city here closed down again on Saturday

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Oil prices down in Asia
SINGAPORE: Oil prices eased in Asia Friday, as dealers took a breather from a rally in New York that was spurred b

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CNG stations open in Punjab
LAHORE: The CNG stations in Punjab have been opened in view of Eid Miladun Nabi (PBUH) and would be shut on Saturday

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Stocks close higher, rupee steady
KARACHI: The Pakistani stock market closed higher on Thursday, driven by institutional buying and strong corporate

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Yen slips after Japan posts record trade deficit
TOKYO: The yen slipped Thursday after Japan announced a record trade deficit for 2012, ending a rally fuelled by d

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Oil prices mixed in Asian trade
SINGAPORE: Oil prices were mixed in Asia Thursday, with traders selling Brent crude for West Texas Intermediate (W

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CNG pumps reopen in Sindh after 48 hours
KARACHI: CNG stations all across Sindh including the financial hub Karachi reopened after 48-hour closure at 8.00

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PIA grounds 16 aircraft
KARACHI: The Pakistan International Airlines terminated an agreement signed with a foreign company for the procure

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Asian markets mostly down, Tokyo extends losses
HONG KONG: Asian markets were mostly down Wednesday, in spite of a Wall Street rally, with Tokyo extending the pre

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Yen gains in Asia after BoJ policy moves
TOKYO: The yen strengthened in Asian trade Wednesday after the Bank of Japan announced an open-ended easing programme




MOHAMMED SALEEM MANSOORI

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