Thursday 25 April 2013

LATEST NEWS UPDATE: 26.04.2013



BB murder: FIA gets physical remand of Prevez Musharraf till April 30
RAWALPINDI: The Federal Investigation Agency (FIA) presented former president General (retd) Pervez Musharraf in the anti-terrorism court (ATC) in Benazir Bhutto murder case Friday where it was given physical remand till April 30, Geo News reported.
Pervez Musharraf was brought to the ATC amid strict security where he attended the proceedings of Benazir Bhutto murder case.
The formal application seeking physical remand of Musharraf was submitted before the ATC on Thursday.
The sources said that the joint investigation team has completed the initial process.
The FIA had arrested Pervez Musharraf in Benazir Bhutto murder case on Thursday. The formal proceedings for the arrest were completed by the FIA Deputy Director at Musharraf’s farmhouse in Chak Shahzad which has been declared sub-jail.
The ATC had also allowed the FIA to include Pervez Musharraf in the investigation of Benazir Bhutto murder case. Prosecutor Chaudhry Zulfiqar represented FIA and presented his arguments while Afshan Adil Advocate represented Pervez Musharraf.
After listening to the arguments, the court had allowed FIA to formally arrest Musharraf and include him in the investigation.
During the interrogation, the former president was asked why Benazir Bhutto was not provided security upon her return to Pakistan, to which Musharraf replied that she was provided complete security.
Musharraf also refused to accept the allegations against him and said Benazir Bhutto became the target of terrorists.
Musharraf is accused of involvement in a conspiracy to murder Benazir Bhutto, who died in a gun and suicide attack in December 2007. It is one of the three cases he is fighting in the courts since returning home last month after four years in self-imposed exile.

Day of mourning in Sindh today, traders to keep businesses shut

KARACHI: True to their declared stance of keeping liberal democratic parties out of the election process, militants continued to mount pressure on MQM and PPP and attacked the election office of the former in Karachi and the office of a candidate of the latter in Nushki in Balochistan on Thursday.
The acts of terror claimed at least eight lives in Sindh and Balochistan, casting a pall of gloom over election activities across the country.
In Karachi, the MQM announced a day of mourning across Sindh on Friday. Traders said they would to keep their businesses shut and schools announced a day of closure and rescheduled some exams.
The first attack of the day took place in Nushki when a hand-grenade was hurled at the election office of a PPP candidate. A tribesman was killed in the attack.
The attack on the MQM election office, second in the city in three days, claimed six lives and left over 12 people, including a woman, injured.
In yet another terror attack, some elements opened fire
on a Rangers’ post in Sindh’s second largest city, Hyderabad. A Rangers sepoy died in the attack.
In Karachi, an explosive-rigged motorcycle was blown up by remote control in North Nazimabad.
The proscribed Tehrik-i-Taliban Pakistan (TTP) claimed responsibility for the attack.
Speaking to Dawn.Com on telephone from an unspecified location, TTP spokesman Ihsanullah Ihsan said his organisation had targeted the MQM as it had vowed to do so.
The TTP had threatened to attack the PPP, Awami National Party and MQM.
But MQM spokesman Wasay Jalil expressed his party’s resolve of not leaving the ground and to take part in the May 11 elections.
MQM chief Altaf Hussain strongly condemned the blast.
A rescue worker said one injured man and some human limbs were strewn across the site.
A severed head was also found, police said.
“The blast took place in Nusrat Bhutto Colony at a corner of a narrow street near the MQM office which was closed at the time,” District Central SSP Amir Farooqui told Dawn.
The brunt of the explosion was borne by a nearby laundry. The owner of the shop and his two sons were killed in the blast, SSP Farooqui said.
The officer pointed out that the scene of the blast lay close to Kunwari Colony, not far from an area considered to be a Taliban stronghold.
“Initial findings by the bomb disposal unit suggested that around 5 to 6 kg of explosives was used in the bombing. The explosives were laced with ball-bearings detonated through a remote control device,” he said.
Adjoining small shops and houses and vehicles parked in the area were damaged by the blast.
There was utter confusion at the Abbasi Shaheed Hospital’s emergency unit where people were frantically searching for their loved ones, while others were comforting their relatives.
Distressing scenes were seen in the hospital’s mortuary where relatives, grieving over the bodies, were being comforted by members of their families and friends.
In a similar blast on April 23, four people were killed when an improvised explosive device (IED) went off outside an MQM election camp at People’s Chowrangi in North Nazimabad.
Pakistan stocks close higher; rupee weakens: KARACHI: Pakistani stocks closed at a record high on Thursday, after better than expected March quarterly results were announced.
The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 0.56 percent, or 105.94 points, higher at 18,885.60 points.
Cement stocks were strong after positive announcements from Maple Leaf Cement and Fecto Cement. Hub Power Company Ltd and Oil and Gas Development Company Ltd also announced healthy results, said a dealer.
Maple Leaf Cement rose 3.45 percent to 19.50 rupees and Hub Power Company Ltd was up 1.51 percent to 54.50 rupees.
In the currency market, the rupee ended weaker at 98.40/98.45 against the dollar compared to Wednesday's close of 98.38/98.43.
Overnight rates in the money market remained flat at 9.40 percent. (Reuters)

BRIEF: (PAKISTAN)
o  MQM observes Sindh-wide day of mourning today
o  Blast near MQM election offce kills 6 in Karachi
o  ECP a failure in providing security to candidates: Ghafoor Haidri
o  Amnesty urges Pak to probe poll violence
o  Karachi: ANP candidate escapes cracker attack
o  PML-N to show power in Layyah, Attock today
o  BB murder case: Musharraf handed over to FIA on 4-day physical remand
o  Altaf advises Karachiites to be on guard against terrorism
o  TTP hits MQM on heels of ECP pledge


WOLRD(Brief News):
o   At least 19 Iraqis killed in police clashes with militants
o   "Slacker" Kudrin turned down job offer: Russia's Putin
o   Putin says Russia, U.S. work on security after Boston bombs
o   Putin says Boston bombing shows Russia, U.S. must work together
o   Letta tries to form government to break Italy's political logjam
o   U.N. expert says Bahrain canceled visit on torture investigation
o   Southeast Asia to reach out to China on sea disputes
o   Many trapped in Bangladesh building rubble as toll climbs to 187
o   China urges U.S., after Boston bombings, to condemn Xinjiang "terrorism"
o   South Korea summons Japan envoy over PM's remarks on history
o   Car driven by American shot at after crash in Saudi Arabia: SPA
o   U.S. had more tips on Boston suspect; Congress asks questions
o   South Korea wants talks with North to reopen joint industrial zone
o   Venezuela's parliament launches probe into Capriles
o   Budget cuts back in spotlight as flight delays mount
o   African Union brings Sudan, rebels together for peace talks
o   U.N. rights chief urges Angola to cut "huge" rich-poor gap
o   Bangladesh factory building collapse kills nearly 100
o   U.S. defense chief reaffirms military ties with Egypt
o   Three under investigation over topless Kate photos: source
o   Five people murdered in Illinois town, suspect dead -police
o   In Myanmar, cheap SIM card draw may herald telecoms revolution
o   Iraq on edge after raid fuels deadly Sunni unrest
o   Egyptian judges accuse Mursi backers of attacking their independence
o   Train plot suspect rejects Canadian law, cites "holy book"
o   Analysis: Iran's unlikely al Qaeda ties: fluid, murky and deteriorating
o   U.S. judgment on Syrian chemical arms report won't be rushed: Hagel
o   Top Israeli lawyer rebuffs criticism of email checks at border
o   Swiss bring back quotas to control EU immigration
o   Congress demands more FBI answers on Boston bomb suspect
o   U.S. prods Albania to end election commission "charade"
o   China's Xinjiang says "terrorist" ax, knife and arson attack kills 21
o   Italy president names center-left's Letta as new premier
o   Mali's Tuareg rebels reject elections, disarming before talks
o   Afghan quake, floods kills at least 33
o   Journalist group says Kuwait planning "repressive" law
o   Baghdad car bomb kills eight people: police
o   Syrian army seizes strategic town near capital
o   Rally in Italy's debt to continue if new government revives reforms
WOLRD BUSINESS(Brief News):
o   Britain avoids recession with jump in first quarter growth
o   Time Warner Cable revenue misses as data services disappoint
o   Germany raises 2013 growth forecast to 0.5 percent: Economy ministry
o   Germany to stick with austerity, urges others to do same: Roesler
o   Rise in Volvo orders lifts hopes of trucks recovery
o   Precision Drilling profit falls due to lower N American demand
o   Electrolux pins hopes on U.S. as Europe stagnates
o   ECB would have to raise rates if looking at Germany only: Merkel
o   UK growth boosts sterling, Europe shares gain
o   Rwanda launches $400 million 10-year Eurobond-market source
o   British bank Barclays promises "rigorous" pay review
o   Nigerian naira hits 8-month low vs dollar
o   S.Africa's headline PPI at 5.7 percent y/y in March
Business News:
Pakistan

EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.28
S.Arabia         26.47
U.K                 151.37
Japan              0.9992
Euro               129.04
U.A.E             27.03


 Thu, 25 Apr 2013

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Oil prices rise in Asia on US stockpile data
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Asian markets mostly higher after weak Wall St lead
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Sindh CNG pumps to remain open Thursday
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Asian markets up on positive Wall St lead
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Dollar slips back after approaching 100 yen mark
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Yen up in Asia but traders say slide to resume
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Oil prices down in Asia on weak China data
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Dollar, euro surge in Asian trade
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Asian markets mostly up, dollar nears 100 yen
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Oil up in Asia on bargain hunting
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Tokyo stocks open 1.66 pc higher
TOKYO: Japanese shares opened sharply higher on Monday, up 1.66 percent following a jump in the dollar against the

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Swiss ''could adapt'' to easing of bank secrecy: bankers
GENEVA: Swiss banks could adapt to a significant easing of their cherished secrecy practices, but only if global s

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Blackstone ends pursuit of Dell: sources
NEW YORK: Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell as the computer maker faces








MOHAMMED SALEEM MANSOORI

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