Monday 4 March 2013

LATEST NEWS UPDATE: 05.03.2013



 Latest News in Brief:
o   PML-N tops popularity chart for elections 2013: Survey
o   MQM appeals to people to protect themselves
o   Five Pakistanis trapped at Indian port return home
o    Karachi police arrest five alleged dangerous target killers
o   Malala Yousufzai to get wild card entry in Nobel prize this year
o   Statement by U.S. Ambassador to Pakistan Richard Olson
o   Zardari seeks to allay US concerns on Iran gasline




WOLRD(Brief News):
o   At least 15 killed on Kenya coast on election day
o   BOJ nominee Kuroda sets out aggressive policy ideas
o   Kerry says finite amount of time for Iran nuclear talks
o   HSBC to lift dividend after 2012 profit dips
o   Papal vote preparations begin in earnest at Vatican
o   Prospect of new Italy vote heightens
o   Insight: Brazil's leftist president fights to win back business
o   France says al Qaeda chief Abou Zeid "probably" killed
o   Analysis: China's next inner circle
o   Obama renews offer to cut social safety nets
o   Opposition leader visits Syria amid Assad offensive
o   Netanyahu says Iran using nuclear talks to "buy time" for bomb
o   Analysis: China's next inner circle
o   Opposition leader visits Syria amid Assad offensive
o   Analysis: Alfa Romeo reboot marks tough road for Fiat recovery
o   French soldier killed in Mali, Belmokhtar fate unsure
o   Exclusive: China eyes market forces to drive forex reform agenda
o   Analysis: Optimistic India budget jars with revenue reality
o   Obama renews budget offer to cut social safety nets
o   Analysis: Without Belmokhtar, jihadi networks would suffer
o   Bomb at Shi'ite mosque kills 45 in Pakistan
o   A reflective Romney emerges from seclusion, rips Obama
o   Netanyahu says Iran using nuclear talks to "buy time" for bomb
o   Britain's Queen Elizabeth in hospital with stomach bug
o   Luxury villas, designer labels: jailed Mexico union boss' U.S. oasis
o   Libya stops gas exports to Italy after militia fight
o   Militant says Belmokhtar alive: monitoring service
o   Exclusive: Women deserve bigger role in Church, says key cardinal
o   Papal vote preparations start in earnest at Vatican
o   Retrial of Egypt's Mubarak and sons set for April 13
o   What's on Amazon: The e-tailer's quest to make TV hits
o   Shi'ite fighters rally to defend Damascus shrine
o   Analysis: Groupon may usher in more “serious” era
o   From Hollywood to Kansas, drones are flying under the radar
o   Analysis: Daimler CEO Zetsche unveils his last-chance saloon
WOLRD BUSINESS(Brief News):
o   Hecla to buy Aurizon Mines for C$796 million
o   IATA sees "encouraging signs" in air freight market
o   Elan offers Tysabri dividend, dismisses Royalty offer
o   BOJ nominee Kuroda sets out aggressive policy ideas
o   China property curbs may trigger short-term home buying rush
o   Alibaba eyes up to $8 billion jumbo loan
o   Stock index futures signal lower open
o   Japex to take 10 percent stake in Petronas' Canada shale gas project
o   HSBC to lift dividend after 2012 profit dips
o   Mozambique reopens flood-hit coal export railway
o   S.Africa new vehicle sales up 1.6 pct in February
o   Japan could miss fiscal target even with 3 percent economic growth: government document
o   Sequestration not favored method to cut budget deficit: survey
o   Euro, shares, oil fall on political, growth fears
o   Elan says investors unmoved by Royalty Pharma offer
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.08
S.Arabia         26.42
U.K                 148.96
Japan              1.0612
Euro               129.04
U.A.E             26.98

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI




Mon, 4 Mar 2013

-
OGRA denotifies hike in petroleum products prices
ISLAMABAD: Following the orders of Prime Minister of Pakistan, Raja Pervez Ashraf, the Oil Gas Regulatory Author

-
Asian markets rebound from big losses
HONG KONG: Asian markets climbed Tuesday following a big sell-off in the previous session and as traders took hear

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CNG supply suspended in Lahore
LAHORE: The supply of compressed natural gas (CNG) has been suspended in the city from 6:00 AM Sunday following th

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POL price hike withdrawal notification issued : OGRA
ISLAMABAD: The official notification withdrawing the price hike in POL products has been issued, reverting prices

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Five million businessmen to be brought in tax net: chairman FBR
SIALKOT: Chairman Federal Board of Revenue (FBR) Ali Arshad Hakeem has said that the target is to increase number

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Sindh CNG filling outlets reopen today after 24-hour closure
KARACHI: All the CNG filling outlets in Sindh would reopen today (Saturdy) at 8 AM after 24-hour closure. A

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Groundbreaking of IP gas pipeline on March 11: Dr Asim
ISLAMABAD: The groundbreaking of Iran-Pakistan (IP) gas pipeline will be performed on March 11, Petroleum Advisor

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February: CPI inflation down 0.34pc month-on-month basis
ISLAMABAD: The Consumer Price Index (CPI) based inflation rate for the month of February 2013 edged down by 0.34 p

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Suddle for major reshuffling in FBR
KARACHI: Federal Tax Ombudsman Shoib Suddle on Friday stressed the need for major reshuffling in the Federal Board

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Crude down in Asia as US growth disappoints
SINGAPORE: Oil prices eased in Asia Friday as revised fourth-quarter US economic growth disappointed, while dealer

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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 aggressiv

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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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MQM, PML-N walkout from NA over POL price hike
ISLAMABAD: With only days left before the assemblies are dissolved, the government has increased the price of petr

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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 petr

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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





MOHAMMED SALEEM MANSOORI

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