Thursday 28 March 2013

LATEST NEWS UPDATE: 29.03.2013



Latest News in Brief(Pakistan):

Blast in Saddar area of Peshawar

Saddar area of Peshawar Friday, Geo News reported.
According to initial reports, a blast occurred near a security check post in Saddar area, injuring many while casualties are also feared.
Police and rescue teams are on their way to reach the site.
Further details are yet to be ascertained.
 BRIEF:
o   FIA apprehends protocol officer of Bilawal House
o   Karachi No Go Areas: SC hearing today
o   Karachi garment factory blaze doused
o   ECP lifts ban on appointments
o   ECP extends deadline to file nomination papers
o   Rangers arrest 4 suspects in overnight actions in Karachi
o   Three killed in Overnight Karachi violence
o   PPPs parliamentary board meeting underway
o   Zardari to address AJK LA, Council

WOLRD(Brief News):
o   Despite threats, North Korea keeps border factories open
o   Supreme Court indicates it may strike down marriage law
o   Cyprus reopens banks under tight restrictions
o   Democratic hopes dashed for Hong Kong 2017 election
o   Pope urges Catholic priests to help poor, shun careerism
o   Britain opens inquest into Berezovsky's unexplained death
o   Red-tape Belgium falls behind euro zone peers
o   South Africa's Mandela back in hospital with lung infection
o   Shell faces new probe over Alaska drill program
o   Exclusive: Wal-Mart may get customers to deliver packages to online buyers
o   Internet slowed by cyber attack on spam blocker
o   North Korea to cut all channels with South
o   Britain opens inquest into Berezovsky's unexplained death
o   Senators say they expect to deliver immigration bill
o   American Airlines-US Airways merger gets court approval
o   U.S. law to restrict government purchases of Chinese IT equipment
o   Syrian opposition opens first embassy, says world lets it down
o   North Korea to cut all channels with South as "war may break out any time"
o   BRICS "Big Five" find it hard to run as a herd
o   Cyprus reopens banks, under strict restrictions
o   Exclusive: FBI has cooperating witness for soccer fraud probe: sources
o   Lean inventories hold back pending home sales
o   Exclusive: Afghanistan says ready to work for peace without Pakistan help
o   Egypt could hold delayed election in October: Mursi
o   Lehman plans to distribute $14.2 billion to creditors
o   Insight: Hopes, suspicions over peace in Kurdish rebel hideout
o   Italy politics still stuck as Bersani to face president
o   Exclusive: Rebuff of missile request helps Assad - Syria opposition leader
o   Petraeus apologizes for affair, moves to mend image
WOLRD BUSINESS(Brief News):
o     Stock futures edge up ahead of data; set to close out strong quarter
o    BlackBerry reports quarterly profit, 1 million sales of new Z10
o    Total to book $1.65 billion first-quarter loss on Canada project exit
o    Cyprus calm as banks reopen under tight rules
o    Exclusive: Gecina to replace CEO with Generali executive - sources
o    S.Africa court throws out mine rights appeal against Kumba
o    Nigeria's fx reserves hit 4-yr high of $48.5 bln
o    S.Africa's Telkom appoints new CEO
o    Implats objects to Zimbabwe plan to seize mining claims
o    Bank of Canada searches far and wide for Carney's successor
o    Perform teams up with Sporting News for U.S. push
o    Nokia India unit gets $383 million tax demand; court stays order
o    Cyprus banks reopen, under tight controls

 


Business News:

Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.28
S.Arabia         26.47
U.K                 150.26
Japan              1.0546
Euro               126.86
U.A.E             27.03

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)    Rs51,428
Silver Tezabi               Rs891.42




  Thu, 28 Mar 2013

-
Karachi Stock Exchange stays afloat amid low volumes
KARACHI: Karachi Stock Exchange (KSE) made modest gains amid thin trade with trade here on Thursday, Geo News repo

-
Euro firms in Asia but eurozone fears weigh
TOKYO: The euro firmed in Asian trade Friday after Cyprus banks re-opened following a nearly two-week lockdown, wh

-
Sindh CNG to be switched off for 24 hours
KARACHI: The consumers of Compressed Natural Gas (CNG) across the province of Sindh will have to rely on alternate

-
Asian markets slip, spooked by eurozone fears
HONG KONG: Asian markets slipped Thursday and the euro sat around four-month dollar lows as eurozone fears reared

-
Euro under pressure in Asia on Cyprus, Italy worries
TOKYO: The euro came under further selling pressure in Asia Thursday owing to concerns about Cyprus as it prepares

-
Oil prices rise in Asian trade
SINGAPORE: Oil prices rose in Asia on Thursday but analysts said the eurozone s economic woes continue to cast a s

-
Sindh CNG stations reopen today
KARACHI: All the CNG stations in Sindh including Karachi would reopen today at 8 AM after 24-hour closure.

-
Euro mixed in Asian trade as Cyprus fears weigh
TOKYO: The euro was mixed in Asian trade Wednesday as fears about the wider implications of the bailout for Cyprus

-
Asian markets rise as Dow sets new record
HONG KONG: Asian markets rose on Wednesday, boosted by another record high for the Dow on Wall Street while concern

-
Oil mixed in Asian trade
SINGAPORE: Oil was mixed in Asia on Wednesday as traders took a breather after strong economic data from the Unite

-
Sindh CNG outlets to remain closed today
KARACHI: All the CNG stations in Sindh including Karachi would not retail gas for the next 24 hours, Geo News repo

-
Islamabad Stock Exchange loses 34.43 points
ISLAMABAD: Islamabad Stock Exchange (ISE-10) Tuesday witnessed a bearish trend as the index fell by 34.43 points t

-
KSE sheds half a percent to settle lower at 17,872 mark
KARACHI: Pakistan s apex bourse, Karachi Stock Exchange, (KSE) went down by 0.50 percent Tuesday, Geo News reporter

-
US agriculture dept says Pakistan sugar policy may dent local supply
ISLAMABAD: A unit of the U.S. Department of Agriculture Tuesday said the shipping subsidy and lower excise tax line

-
Oil down in Asia on eurozone bank bailout concerns
SINGAPORE: Oil prices fell in Asian trade on Tuesday after comments from a top eurozone official sparked fears tha


MOHAMMED SALEEM MANSOORI

Wednesday 27 March 2013

LATEST NEWS UPDATE: 28.03.2013



Latest News in Brief(Pakistan):
o   Karachi: Rangers launch operation in Frontier Colony
o   CEC Fakhruddin meets interim Balochistan CM
o   Imran Khan to compete for four NA seats
o   Two foreign aircraft escape midair collision in Pakistan
o   Returned to Pakistan without any deal: Musharraf
o    Caretaker cabinet in Sindh yet to be formed
o    Rangers arrest more than 100 suspects from Karachi areas
o   Afghanistan says ready to work for peace without Pakistan help
o   PPP, Q-League continue talks on seat-adjustments
o   Kerry, Kayani discussed Afghan reconciliation: US
o   Atif Aslam to tie the knot tomorrow
o   Ex-president not the leader Pakistan needs: NYT
o   PPP wanted APC on Pak-Iran gas pipeline project

WOLRD(Brief News):
o   Woman tied to gun used to kill Colo. prisons chief
o   Miami Heat's winning streak comes to an end
o   Cyprus reopens banks, under strict restrictions
o   Train hauling Canadian oil derails in Minnesota
o   Wal-Mart may get customers to deliver packages to online buyers
o   Historic expulsion vote pending in Nevada Assembly
o   George Zimmerman's brother says Twitter rant a "mistake"
o    Edwards' eldest daughter speaks on father's affair
o    Documents: Ariz.gunman's father had taken away shotgun
o    Lawyers for James Holmes offer guilty plea
o   7 shot dead in separatist attack on Kenya casino
o   NZ's Ryder in hospital with serious head injuries
o   Despite threats, N.Korea keeps border factories open
o   Middle East peace conference held in UNT
o   First female Secret Service director sworn in at White House
o   Italy politics still stuck as Bersani to face president
o   Obama names 1st woman Secret Service chief
o   Ex-UK secy Miliband quits politics
WOLRD BUSINESS(Brief News):

o   Asian shares fall, euro faint on euro zone worries

o   Cyprus reopens banks, under strict restrictions
o   Exclusive: Chesapeake CEO search extends beyond deadline - source
o   Exclusive: Wal-Mart may get customers to deliver packages to online buyers
o   American Airlines-US Airways merger gets court approval
o   Employment, home prices improve for major U.S. metros: Brooking
o   Shell faces new probe over Alaska drill program
o   Australia to end interbank rate-setting panel after Libor scandal
o   Exclusive: Clearwire expected to tap Sprint financing for April
o   JP Morgan names Guyett, Priestley as new regional CEOs in Asia
o   Is the Fed's Easy Money Policy Hitting Everyday Life?
o   World Bank links obesity to high food prices
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.28
S.Arabia         26.47
U.K                 150.47
Japan              1.0467
Euro               127.52
U.A.E             27.03

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)    Rs51,428
Silver Tezabi              Rs887.14








Thu, 28 Mar 2013

-
Sindh CNG stations reopen today


-
Euro mixed in Asian trade as Cyprus fears weigh



-
Asian markets rise as Dow sets new record



-
Oil mixed in Asian trade



-
Sindh CNG outlets to remain closed today



-
Islamabad Stock Exchange loses 34.43 points



-
KSE sheds half a percent to settle lower at 17,872 mark



-
US agriculture dept says Pakistan sugar policy may dent local supply



-
Oil down in Asia on eurozone bank bailout concerns



-
Power generation to be increased by 5,000 MW next month: Sikandar



-
Pakistani stocks finish flat on profit-booking



-
Euro rebounds in Asia on Cyprus bailout deal



-
Oil prices up in Asia on Cyprus bailout deal



-
Japanese stocks open 1.37pc higher









MOHAMMED SALEEM MANSOORI