Thursday 2 May 2013

LATEST NEWS UPDATE: 03.05.2013



Latest News in Brief

BB’s murder case prosecutor shot dead in Islamabad
ISLAMABAD: Two unknown assailants on motorcycle killed The Federal Investigation Agency’s (FIA) special prosecutor in the Benazir Bhutto murder case Chaudhry Zulfiqar Ali on Friday, DawnNews reported.  
According to the police, unknown gunmen opened fire on Zulfiqar Ali’s car in Islamabad’s G-9 area leaving him severely injured. He  was taken to the hospital where he succumbed to his injuries.
Moreover, the firing incident also killed a woman and injured Chaudhry Zulfiqar’s guard Rehman Ali. The guard was reported as saying that the attacker’s only intended target was Zulfiqar Ali who had been receiving threats since a while.
Later, his dead body was shifted to Pakistan Institute of Medical Sciences (PIMS) hospital in Islamabad.
Doctors initially said that he had been killed with ten bullets targeting his chest and shoulder.
Police subsequently cordoned off the site of incident and started a search operation in the area.
Zulfiqar was scheduled to appear in an anti-terrorism court (ATC) in Rawalpindi on Friday (today) pertaining to the Benazir Bhutto murder case.
Rawalpindi and Islamabad High Court (IHC) Bar Association’s lawyers announced a strike following the incident.
Interior Minister Malik Habib Khan has also taken notice of the incident.

BRIEF: (PAKISTAN)
o   Nawaz declares May 11 day of test for nation
o   War on terror is our own war: interior minister
o   Altaf, Ashraf discuss prevailing situation
o   Altaf, Raja Ashraf make telephonic contact
o   Terrorists cannot rob MQM of courage: Altaf
o   Some political parties have militant wings in Karachi: Nawaz
o   Sarabjit Singh's body arrives in Amritsar
o   Burns road blasts case registered
o   BBs murder case prosecutor shot dead in Islamabad
o   9 suspects arrested in Hijrat Colony, Sultanabad
o   Nation united against war on terror: Malik Habib
o   19 suspects held, 45 weapons seized during rangers targeted operations in Karachi
o   United States Supports Teacher Education in Gilgit-Baltistan
o   PM constitutes committee to work out business plan for PSM
o   SECP invites public opinion on Draft Companies Regulations
o   Security may dent polls fairness: ECP



WOLRD(Brief News):
o   Malaysia's Anwar raises voter fraud alarm ahead of election
o   South Africa suspends protocol boss over wedding flight scandal
o   Kenya finds two Iranians guilty of planning attacks
o   Brazil WTO hopeful brushes off protectionist complaints
o   Jewish leaders alarmed by far-right, anti-Semitism in Hungary
o   Local mayor suspended as Bangladesh disaster toll climbs to 430
o   Libya expects ICC ruling on Saif al-Islam trial in May: lawyer
o   For Obama and Pena Nieto, a delicate 'first dance' around energy
o   Kazakhstan says working with U.S. on Boston bomb probe
o   Gaddafi's son Saif al-Islam appears briefly in court
o   Killings won't derail Thai south peace talks: security chief
o   India fumes after farmer jailed for spying dies in Pakistan
o   From Toronto to Dagestan; Canadian jihadi draws parallels with Tsarnaev
o   Gaddafi's son Saif al-Islam to appear in court
o   North Korea sentences American to 15 years hard labor
o   China reports latest bird flu death, toll rises to 27
o   Grim OECD forecasts on Italy underline task for new PM Letta
o   Italy's Letta says June EU summit must focus on youth jobs
o   Pakistan, Afghan forces in high-stakes clash along border
o   Americans want U.S. to keep out of Syria conflict: poll
o   Six killed in Thai south days after rebel demands rejected
o   South Korea pledges $272 million in loans for Kaesong companies
o   EU considers action, Pope weighs in, after Bangladesh disaster
o   Chad government foils coup attempt: minister
o   Japan PM's 'stealth' constitution plan raises civil rights fears
o   Brazil's Rousseff insists oil royalties should fund education
o   Six ministers to change in Egypt cabinet reshuffle: state paper
o   British overseas territories sign deal to curb tax evasion
o   Anti-EU party pressures Britain's PM Cameron in local vote
o   Starving Virginia settlers turned to cannibalism in 1609- study
o   Syria mediator is determined to resign, U.N. diplomats say
o   Bolivia expels U.S. aid agency after Kerry 'backyard' comment
o   EU gives support to Italy's Letta, cautions on debt
o   Italy's Letta wins French backing for focus on growth
o   Three men charged with undermining Boston bombing probe
o   Hedge fund faces challenge in Tim Hortons shakeup bid
o   iPads and low-end rivals propel higher tablet shipments: report
o   Most Americans do not want U.S. involved in Syria: Reuters/Ipsos poll
o   At least 22 killed in Iraq attacks
WOLRD BUSINESS(Brief News):
  • GM posts strong profit as North America, Europe better than expected
  • UBS faces calls for break-up at investor meeting
  • Stock futures gain ahead of ECB rate decision
  • Manulife first-quarter profit halves
  • MTN shares up after Turkcell withdraws $4.2 bln corruption suit
  • Warren Buffett calls for America's men to boost women in business
  • Libya expects ICC ruling on Saif al-Islam trial in May-lawyer
  • Struggling factories underline fragility of world growth
  • BlackRock to hire 300 lawyers to handle regulation 'mess'
  • ECB set for rate cut as inflation falls sharply
  • Valeant posts bigger loss as costs rise
  • Egypt's central bank accepts bids worth $38.4 mln at forex sale
  • Global shares soft ahead of ECB decision
  • Deutsche Bahn to buy engines from Bombardier for up to 1.5 billion euro

Business News:
Pakistan

EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.33
S.Arabia         26.49
U.K                 154.40
Japan              1.0201
Euro               130.79
U.A.E             27.04

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)      Rs48,857
Silver Tezabi                 Rs805.71



  Fri, 3 May 2013

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Power outages can be increased up to 14 hours, warns KESC
KARACHI: Karachi Electric Supply Company (KESC) has said that it would not have the funds to procure furnace oil f

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Oil rebounds in Asia on bargain hunting
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Dollar under pressure in Asia after Fed meeting
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Sindh CNG stations shut second time in a week
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Asian markets closed for holiday
HONG KONG: Financial markets in China, Hong Kong, South Korea, the Philippines, Malaysia, Thailand, Taiwan and Sin

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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

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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

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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

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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

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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

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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

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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

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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

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











MOHAMMED SALEEM MANSOORI

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