Wednesday 1 May 2013

LATEST NEWS UPDATE: 02.05.2013



Latest News in Brief


BRIEF: (PAKISTAN)
o   Fierce fire erupts at chemical godown in Karachi
o   Police charge two with Sarabjit ‘s murder: officials








WOLRD(Brief News):
o   What could U.N. sleuths unearth at Iran's Parchin base?
o   At least 15 killed in Iraq bomb blasts: police
o   Somali militants threaten to avenge Puntland killings
o   China says U.S. should watch Japanese nationalism
o   Tsarnaev homeland Chechnya: rebuilt from war, ruled by fear
o   Thousands rally against European austerity in May Day protests
o   China's top paper warns against "underground" extravagance
o   EU considers trade action after Bangladesh factory collapse
o   Turkish police, May Day protesters clash in central Istanbul
o   Roadside bomb kills three British soldiers, nine Afghans
o   Earthquake measuring 5.7 strikes northern India: USGS
o   Merkel's conservatives plunge in poll amid tax scandal
o   Time running out for Malaysia's veteran reformer Anwar
o   Caution may be the undoing of Najib, Malaysia's hesitant reformer
o   Earthquake measuring 5.7 strikes northwest Pakistan: USGS
o   Venezuelan lawmakers hurt during punch-up in parliament
o   Guinea on brink of chaos over long-delayed poll
o   Pakistan military angered by treatment of Musharraf: reports
o   Amnesty says Sri Lanka represses dissent to consolidate power
o   ElBaradei says Egypt needs political consensus to heal economy
o   No talks on key Mexico reforms until spat resolved: opposition
o   Man who studied in U.S., four others freed in Uzbekistan: State Department
o   Cyprus bailout scrapes through island's parliament
o   Obama won't rush to act against Syria over chemical arms
o   Obama renews vow to close Guantanamo detention camp
o   Catholic church excommunicates Brazil priest for liberal views
o   China steps up customs checks, but North Korea trade robust
o   Chile to be Latin America's only candidate to U.N. Council
o   Egyptian activist detained on charges of insulting president
o   Hezbollah says opposition won't topple Assad with force
o   Exclusive: Sources say senior Iranian diplomat detained in March
o   Orange celebrations as King Willem-Alexander takes Dutch throne
o   China dissident's brother says home attacked nightly with dead poultry, bottles
o   Syria says does not trust chemical weapons claims by U.S., Britain
o   France troops capture suspected French jihadist in Mali
o   Six Tunisian police wounded in hunt for Islamists near Algeria
o   Italy's Letta tells Merkel Europe needs more growth
o   Pope accepts invite to Israel, urges peace talks
o   Puerto doctor gets jail term, evidence to be destroyed
WOLRD BUSINESS(Brief News):
  • Chesapeake posts quarterly profit, output up 9 percent
  • Loblaw profit rises, REIT IPO planned for July
  • No end in sight for Fed stimulus as inflation sags
  • Talisman Energy posts loss as production falls
  • Time Warner profit rises on cable network strength
  • Jean Coutu's revenue hit by lower generic drug prices
  • Viacom reports lower revenue and profit
  • Global consumer confidence improves, noticeably in U.S., Japan
  • Merck first-quarter sales disappoint
  • Boosted by digital, Hollywood home entertainment sales grow 5 percent
  • Dollar slides ahead of Fed, China data hit oil
  • HMRC gets tougher on complaints about conduct
  • EU considers trade action after Bangladesh factory collapse

Business News:
Pakistan

EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.33
S.Arabia         26.49
U.K                 153.82
Japan              1.0141
Euro               130.09
U.A.E             27.04

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)    Rs48,857
Silver Tezabi               Rs831.42



Tue, 30 Apr 2013

-
Cut in POL prices notified: petrol down Rs4.72, diesel 2.53/ltr
ISLAMABAD: The government has slashed prices of petroleum products, bringing down the price of petrol by Rs4.72 pe

-
Asian markets closed for holiday
HONG KONG: Financial markets in China, Hong Kong, South Korea, the Philippines, Malaysia, Thailand, Taiwan and Sin

-
Euro mixed in Asia as markets eye new Italy government
TOKYO: The euro was mixed in Asian trading on Tuesday morning after the weekend formation of a coalition governmen

-
Oil down in Asian trade
SINGAPORE: Oil was down in Asia on Tuesday as traders took profits from recent gains and ahead of the May Day holi

-
Decrease in POL prices likely as OGRA moves proposal
ISLAMABAD: A downward revision of petroleum products prices effective from May 1 is likely as Oil and Gas Regulat

-
Oil down in Asia on weak US data
SINGAPORE: Oil was down in Asia on Monday as weak economic data from the United States sparked concerns over a sof

-
Euro up against dollar ahead of US Fed meeting
SINGAPORE: The euro rose against the dollar in Asia Monday after data showed the US economy grew at a slower rate

-
Asian shares mixed after US growth data
HONG KONG: Asian markets were mixed on Monday while the dollar slipped after US economic growth data came in below

-
Oil down in Asia on weak US data
SINGAPORE: Oil was down in Asia on Monday as weak economic data from the United States sparked concerns over a sof

-
Smartphones dethrone feature phones in market: IDC
SAN FRANCISCO: Industry tracker IDC on Friday reported that shipments of smartphones topped those of basic mobile

-
Oil prices down in Asia on profit-taking
SINGAPORE: Oil prices eased in Asia on Friday as traders cashed in recent gains following signs of strengthening U

-
Dollar slips in Asia after Bank of Japan stays pat
TOKYO: The dollar sank against the yen in Asia on Friday after the Bank of Japan held off new easing measures at i

-
Oil prices down in Asia on profit-taking
SINGAPORE: Oil prices eased in Asia on Friday as traders cashed in recent gains following signs of strengthening U

-
Asian markets mostly higher after weak Wall St lead
HONG KONG: Asian markets were mostly up on Thursday in quiet trade after an anaemic close on Wall Street, while th

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Oil prices rise in Asia on US stockpile data
SINGAPORE: Oil prices rose in Asia Thursday, buoyed by a lower-than-expected gain in US crude stockpiles and hopes











MOHAMMED SALEEM MANSOORI

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