Monday, 8 October 2012

LATEST NEWS UPDATE: 09.10.2012



DAILY BRIEF NEWS  UPDATE:

LATEST/BRIEF  NEWS:

PAKISTAN

o   PMA Balochistan observes strike
o   Agha Siraj's house attacked in Shikarpur
o   Grenade attack on PPP Sindh minister’s home
o   Ghauri rebuts Indian TV allegations
o   Imran accused me in my own house: Fazl
o   Tomatoes can lower stroke risk: study
o    Decision on dual nationality issue today: CEC
o   Asset issue: Membership of 283 MPs likely to be suspended
o   PTIs long march turned out a short march
o   Imrans Peace March gets special US media coverage
o   Bilawal Bhutto to attend World Forum for Democracy




WORLD

o   Venezuela's Chavez revels in re-election victory
o   Euro zone to launch bailout fund with Spain in focus
o   IMF vote reform bogged down by delays, deadlock
o   China's Huawei, ZTE should be kept from U.S.: draft Congress report
o   Cyber attackers target Iranian oil platforms: official
o   Exclusive: Cisco cuts ties to China's ZTE after Iran probe
o   World Bank cuts East Asia GDP outlook, flags China risks
o   Romney's English roots surprise cousins left behind
o   Obama acknowledges "bumps in the road" after poor debate
o   Israel strikes Gaza targets after rocket salvo
o   Insight: Punchups, kidnappings mar India's efforts to privatize power
o   European governments in race to save EADS-BAE merger
o   HSBC China services PMI recovers to 54.3 after one-year low
o   Turkey fires artillery into Syria after shelling
o   Romney to draw contrast with Obama on foreign policy
o   SpaceX rocket blasts off for space station
o   Analysis: EADS-BAE deal must limit foreign stakes to pass U.S. muster
o   Insight: Punchups, kidnappings mar India's efforts to privatize power
o   Romney close behind Obama after debate, jobs report
o   U.S., South Korea agree on longer range ballistic missiles
o   Analysis: French search in vain for Hollande vision
o   Obama and Democrats raise record funds, poll holds steady
o   Cameron warns Britons to expect more budget cuts
o   Euro zone mulls 20 billion euro separate budget: paper
o   Venezuela presidential vote looks set for close finish
o   Philippines, Muslim rebels agree to landmark peace deal
o   Insight: The Lex Factor roils Dow Jones
o   Suspicions, doubts linger after pope's butler verdict
o   Rebels seize Syrian army outpost at Turkey border: witnesses
o   Iran parliament may halt Ahmadinejad economic policy
o   UK says prepared to veto EADS-BAE merger
o   Kuwait's ruler dissolves parliament, elections loom
o   U.S. court fight starts for radical cleric sent from Britain
o   Man behind anti-Islam film due in L.A. court next week
o   Ex-papal butler convicted, sentenced to 18 months
o   Turkey strikes back at Syria after Erdogan warning
o   Israeli air force shoots down drone aircraft
o   Greek austerity talks to continue, progress seen
o   Yemen foils al Qaeda plan to bomb air base used by United States: official
o   UK says France must cut stake in EADS-BAE proposal
o   European governments in race to save EADS-BAE merger
o   Analysis: Britain bears costs of jobs without growth
o   Stock futures fall after World Bank cuts East Asia forecast
o   Michael Page profit warning shows euro zone jobs pain
o   Gannett extends negotiation deadline with Dish
o   Global stocks lower ahead of U.S. earnings season
o   UnitedHealth buys 90 percent stake in Brazil's Amil for $4.9 billion
o   Austria skeptical about euro zone budget idea: finance ministry
o   Single euro zone budget gains momentum ahead of summit
o   Global economic outlook weakens slightly: OECD
o   World Bank cuts East Asia GDP outlook, flags China risks
o   China's Huawei, ZTE should be kept from U.S.: draft Congress report
o   S.Africa's rand falls to 3-1/2 year low as strikes weigh
o   IMF vote reform bogged down by delays, deadlock
Business News:

EXCHANGE FOR CURRENCY NOTES:

U.S.A              96.15
S.Arabia         25.64
U.K                 154.96
Japan              1.2246
Euro               124.94
U.A.E                         26.18


BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs 54,085
Silver Tezabi                Rs 985.71

Mon, 8 Oct 2012


-
Two-day CNG holiday in Sindh from Nov
KARACHI: Sui Southern Gas Company (SSGC) is mulling over a proposal to observe two holidays per week for Compressed

-
Asian markets mostly rise, stimulus hopes lift
HONG KONG: Most Asian markets rose on Tuesday as bargain hunters moved in following the previous day s losses, wit

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World oil prices recover in Asia
SINGAPORE: World oil prices recovered in Asian trade Tuesday as investors bought on the dip amid Syria-Turkey tens

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Euro strengthens in Asian trade
TOKYO: The euro strengthened in morning Asian trade on Tuesday after worries about Greece and Spain dragged the em

-
IMF cuts global growth forecast, says risks rising
WASHINGTON: The International Monetary Fund (IMF) slashed its global growth forecast and warned things could get m

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Sugar price hikes, despite 1.2m ton stock
KARACHI: The price of sugar in the province of Sindh on the rise despite 1.2 million tons of available sugar stock

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Asian markets lose ground on Europe fears
HONG KONG: Asian markets fell on Monday as concerns over the eurozone debt crisis overshadowed surprisingly good

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Crude down in Asia as EU stability fund launches
SINGAPORE: Crude prices slipped in Asia Monday amid caution over Europe hours ahead of the formal launch of a 500-

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POL Prices : Consumers express displeasure
ISLAMABAD: Following the Oil Gas Regulatory Authority (OGRA)notification the new price of petrol stands at Rs105

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POL, CNG prices except diesel hike
ISLAMABAD: The ministry of finance Sunday approved the hikes in POL prices except diesel, which would be effective

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Flour, sugar prices rise in Sindh
KARACHI: Flour price all across Sindh has gradually increased by more than Rs3 per kilo since June till this day,

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Aussie gas giant signs deal to develop Pakistan gas field
VIENNA: Austrian oil and gas giant OMV announced Friday that it had signed a deal with joint venture partners ENI

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SECP drafts new rules for issuing sukuk
SYDNEY: The Securities and Exchange Commission of Pakistan (SECP)has issued new draft rules for the issuance of sukuk

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Rupee closes weaker at 95.46/95.51 to the dollar
KARACHI: In the currency market, the Pakistani rupee ended weaker at 95.46/95.51 to the dollar compared to Thursday

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Karachi stocks land in red as traders saw no big rate cut
KARACHI: Stocks closed lower on Friday as investors booked profits after speculation that there would not be a high

MOHAMMED SALEEM MANSOORI

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