Thursday 28 February 2013

LATEST NEWS UPDATE: 01.03.2013



Latest News in Brief:
o   President Zardari meets Senator Abidi
o   Faisal Raza Abidi likely to get important responsibility
o   Elections will be held in any case, says PM
o   Neither I, nor party advised Ebad to resign: Altaf
o   Pakistan, South Africa first T20 today
o   Two more die in Karachi firing incidents
o   Continued violence claims six lives in Karachi
o   Ambassador Rehman, US Senator Casey discuss bilateral ties
o   Zardari to discuss caretaker setup with PPP leaders today
o   NAB recovers Rs185.2m in Tawana Pakistan Project scam
o   Pakistan for long-term ties with Russia


WOLRD(Brief News):
o   Israel, Turkey row over Zionism deepens rift between ex-allies
o   UK PM's party humbled in vote as anti-EU party surges
o   Malaysia police raid village to end stand-off, says armed group
o   Donors step up ties with Somalia; praise rebuilding efforts
o   Iran nuclear talks show progress, Western diplomat says
o   Bombs kill at least 22 in Iraqi capital
o   Hungary PM seen picking his "right hand" to head central bank
o   Now a 'simple pilgrim,' Benedict resigns papacy
o   Syrian rebel put his dreams on hold in civil war
o   Syrians find makeshift homes in ancient structures
o   South African police, a force in turmoil
o   WHO: Slight cancer risk after Japan nuke accident
o   Top leaders agree on posts ahead of China congress
o   Rodman tells Kim Jong Un he has 'friend for life'
o   Study: Daisies sprout in King Richard I's heart
o   Officials: France in Mali until July or later
o   China sets its 5th manned space mission for summer
o   Titanic II: Billionaire launches plans for replica of doomed ship
o   Report: UK stripping terrorism suspects of citizenship, US killing some of them

WOLRD BUSINESS(Brief News):
o   RBC profit rises 12 percent; bank raises dividend
o   CIBC profit falls four percent on Lehman Brothers charge
o   Severfield plans rights issue, amends debt facility
o   Manchester United to play in Bangkok on 2013 tour
o   London mayor says EU bank bonus cap helps New York, Singapore
o   Kenya Commercial Bank profit up 14 percent
o   Britain's Old Lady shows appetite for new thinking
o   BAT benefits as emerging market smokers try top brands
o   Kenya's KCB full-year profit rises 14 pct
o   EU clinches deal to cap bankers' bonuses
o   Caterpillar plans to cut 1,400 jobs in Belgium
o   Kenyan shilling rallies to 2013 peak ahead of elections
o   Allianz German unit focuses on growth without mergers
o   ANA puts Dreamliner fleet architect in charge of airline business
o   PayNet Canada commercial lending index highest since 2008
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.08
S.Arabia         26.42
U.K                 150.30
Japan              1.0742
Euro               130.23
U.A.E             26.98


BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)    Rs 52,071
Silver Tezabi               Rs 942.85


  Fri, 1 Mar 2013

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Sindh CNG outlets to be closed for 24 hours today
KARACHI: All CNG stations across Sindh including Karachi would be closed for 24 hours today from 8 AM to Saturday

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Yen slips after Tokyo picks new Bank of Japan chief
TOKYO: The yen weakened in Asia on Friday after Japan nominated a new central bank chief known to favour aggressive

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POL prices go up; petrol by Rs3.53/ltr, diesel 4.35
ISLAMABAD: The Oil Gas Regulatory Authority has notified an upward revision in petroleum products prices, Geo Ne

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Petroleum Ministry rejects summary for fuel price increase
ISLAMABAD: The summary seeking an increase in the price of petroleum products has been rejected by Pakistan s petrol

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EU to resume Pakistan fish imports after six years
ISLAMABAD: The European Union is to resume imports of seafood from Pakistan, officials said, ending a six-year sus

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Asian markets rise on Wall St rally, ECB comments
HONG KONG: Asian markets rose Thursday after the Dow on Wall Street hit a more than five-year high, while the head

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Crude up in Asia on strong US data
SINGAPORE: Oil prices rose in Asia Thursday, supported by better-than-expected US housing data and durable goods o

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Sindh CNG outlets reopen today
KARACHI: All the CNG stations in Sindh would reopen today (Thursday) at 8 AM after 24-hour closure. Long qu

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Major increase in POL prices likely from March 1
ISLAMABAD: A major hike in prices of petroleum products is likely from March 1, as Oil and Gas Regulatory Authority

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Pakistan earns $1.05 bln through seafood exports in five years
ISLAMABAD: Pakistan has earned more than US $ 1.05 billion through exports of seafood to different countries during

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Dollar mixed in Asia after Bernanke comments
TOKYO: The dollar was mixed in morning Asian trade after Federal Reserve head Ben Bernanke said the bank s stimulus

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Oil rebounds in Asia but Italy deadlock weighs
SINGAPORE: Oil prices rebounded in Asia Wednesday but analysts said sentiment remains hobbled by fears that deadlock

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CNG supply suspended in Sindh for 24 hours
KARACHI: CNG stations in Sindh including Karachi have been closed for 24 hours that started from 8 am Wednesday, G

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Pakistan pays $391.8m to IMF under SBA
KARACHI: Pakistan on Tuesday successfully paid the 10th installment amounting to SDR 258.4 million equivalent to U

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ECC raises margin of marketing companies, dealers on oil
ISLAMABAD: Economic Coordination Committee (ECC) has decided to raise the margin of Oil Marketing Companies and de
MOHAMMED SALEEM MANSOORI

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