Monday 6 May 2013

LATEST NEWS UPDATE: 07.05.2013






BRIEF: (PAKISTAN)
o   Kurram: JUI-F rally bomb blast death toll rises to 24
o   May 11 day of accountability for Zardari, his cronies: Shahbaz
o   Durand Line is a settled issue, Pak tells Karzai
o   PPP, PML-N unite against JUI-F, claims Fazl
o   Five workers of two political parties hurt in armed brawl
o   Gilgit strike: Ban on motorbike, cellular services for today
o   Kayani seeks implementation of election security plan
o   No change likely from present electoral system: Dr. Qadri



WOLRD(Brief News):

o   Giulio Andreotti, 7-times Italian prime minister, dies
o   Sharif poised to take over mess in Pakistan
o   Afghanistan warns neighbor Pakistan on further clashes
o   Italy's high court says Berlusconi trials to stay in Milan
o   Analysis: Mexico aims to overhaul tax system, raise revenue
o   Factbox: Key facts about Mexico's tax system
o   Israel says Google's 'Palestine' page harms peace hopes
o   Islamists protesters clash with Bangladesh police, seven dead
o   Amid budget cutbacks, U.S. shipping sector seeks more federal funds
o   Russia says chance of foreign intervention in Syria growing
o   Kenya jails two Iranians for life for plotting attacks
o   India and China withdraw troops from Himalayan face off
o   Germany riveted at start of neo-Nazi murder trial
o   Attack on northeast Nigeria church, market kills 10
o   Clash resumes in contested Afghanistan, Pakistan border area: officials
o   Malaysia PM faces limited future after worst electoral showing
o   EU regulator takes aim at Google over Apple mobile patent lawsuit
o   Attack on northeast Nigeria church, market kill 10
o   S.Africa's jobless rate rises to 25.2 percent in first quarter
o   Israel to Assad: air strikes did not aim to help Syria rebels
o   China urges restraint in Syria after Israel strikes
o   Zimbabwe to consult with miners before imposing election taxes
o   "No return to privatisations": France's Moscovici
o   Malaysian stocks, currency surge on ruling coalition election win
o   Israel strikes Syria, says targeting Hezbollah arms
o   U.N. has testimony that Syrian rebels used sarin gas: investigator
o   Venezuela rebuffs Obama, repeats case against U.S. "spy"
o   No early warning for U.S. on Israeli strikes in Syria
o   Column: The lessons of Reinhart-Rogoff - Lawrence Summers
o   Egypt's prime minister unhurt by shooting near his car: police
o   Soccer-Violence mars Boca-River draw after record goal
o   Soccer-River take 45-second lead but are pegged back by Boca
o   Colombia's Uribe slams Venezuelan 'dictator' Maduro
o   Hungary's PM slams anti-Semitism, but disappoints Jews
o   Gabrielle Giffords challenges U.S. Congress to find courage on guns
o   Gunfight in Nigeria's Delta oil region kills eight: sources
o   Obama heads out on new jobs tour - first stop: Austin, Texas
o   NRA wraps up national convention in Houston
o   Banks in Singapore agonize over rich clients in tax evasion clampdown
o   Investors may lobby JPMorgan to clip Dimon's wings if vote fails
WOLRD BUSINESS(Brief News):
  • Onex to buy Nielsen Holdings' expositions business for $950 million
  • Stock futures little changed with Dow, S&P at records
  • S.Africa's coal exports fall in April
  • RCS MediaGroup will close magazines if no buyer found: source
  • Lafarge Nigeria unit says Q1 pretax profit jumps 20.6 pct
  • Dreamliner grounding cost Qatar Airways $200 million in revenue: CEO
  • Buffett says U.S. economy gradually improving
  • S.Africa coals exports from RBCT at 6.24 mln T in April
  • Lufthansa says former CEO will no longer run for chairman
  • Amid budget cutbacks, U.S. shipping sector seeks more federal funds
  • Dollar firmer, stock rally pauses after U.S. data
  • EU regulator takes aim at Google over Apple mobile patent lawsuit
  • S.Africa's jobless rate rises to 25.2 percent in first quarter

Business News:
Pakistan

EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.18
S.Arabia         26.45
U.K                 154.55
Japan              1.0010
Euro               130.16
U.A.E             27.00

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)    Rs48,257
Silver Tezabi               Rs805.71



 Mon, 6 May 2013

-
KSE 100-share Index gains 30 points
KARACHI: Stock prices witnessed gains at Karachi Stock Exchange (KSE) on the opening day of the week over expectat

-
Disney teams with EA on ''Star Wars'' video games
LOS ANGELES: Disney is not giving up on "Star Wars" video games after all. A month after shutting down game

-
Euro up in Asian trade
SINGAPORE: The euro rose against the dollar in Asian trade Monday as a better-than-expected US April jobs report b

-
Oil higher in Asia after robust US jobs report
SINGAPORE: Oil was up in Asian trade Monday after an upbeat US jobs report bolstered confidence the US economic re

-
New gas reserves discovered in southern Sindh: ministry
ISLAMABAD: Pakistan has discovered a new gas reserve in southern Sindh province that would help reduce acute gas s

-
Asian shares rise after ECB rate cut
HONG KONG: Asian markets rose on Friday, boosted by a European Central Bank interest rate cut aimed at stimulating

-
Oil takes breather in Asia after strong rally
SINGAPORE: Oil prices took a breather in Asian trade Friday as investors locked in profits after a strong rally fo

-
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

-
Oil rebounds in Asia on bargain hunting
SINGAPORE: Oil rebounded in Asian trade Thursday on bargain hunting following a recent sharp fall, but analysts sa

-
Dollar under pressure in Asia after Fed meeting
TOKYO: The dollar was under pressure in Asian trade Thursday after the US Federal Reserve opted to keep its easy-m

-
Sindh CNG stations shut second time in a week
KARACHI: All CNG stations across Sindh have been closed on Thursday for 24 hours, Geo news reported. Accord

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

-
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

-
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











MOHAMMED SALEEM MANSOORI

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