Sunday, 21 October 2012

LATEST NEWS UPDATE: 22.10.2012



Pak wants Mullah Fazlullah extradited
ISLAMABAD: Pakistan wants Afghanistan to hand over Mullah Fazlullah, believing he was hiding in Afghanistan and involved in planning the attack on Malala Yousafzai, the 14-year old activist for women's right to education, sources told Geo News on Sunday.
The diplomatic sources revealed that the demand was made by Pakistan Foreign Minister Hina Rabbani Khar during her meeting with US special envoy to Pakistan and Afghanistan, Mark Grossman.
Grossman was told that Mullah Fazlullah was involved in the attack on Malala Yousafzai and that the US should employ its influence towards the extradition of Fazlullah.
Mullah Fazlullah along with his men is hiding in Kunar province of Afghanistan, the Pak-Afghan especial envoy was told.
Meanwhile, Pakistan had, on many occasions in the past, informed the ISAF and Afghan authorities about Mullah Fazlullah's activities.
According to sources, Mullah Fazlullah has executed as many as 15 cross border attacks in Pakistan over the past one year. These attacks targeted Pakistani security check posts and also its villages.
It has also been learnt that those who came and attacked Malala Yousafzai had escaped back to Afghanistan.
 LATEST/BRIEF  NEWS:

PAKISTAN

o   Rangers detain 9 suspects in Karachi
o   Students pray for recovery of Malala
o   Pak Stars win T20 exhibition series 2-0
o   Arrangements for fair elections made: PM
o   Pakistani youths all set to form world's largest human flag
o   Govt. slashes petrol price by Rs. 2.32 per liter, CNG Rs. 2.12 per kg
o    The Prime Minister has inaugurated and laid foundation stone of different development projects worth over twelve billion rupees in Gujar Khan.
o   Government allows export of 200,000 tons sugar
o   Pakistan Steel to be made profitable within 18 months
o    PML-N should leave dual standard: Malik
o   Raja, Naek discuss legal issues
o   PTI Canada warns of disturbing Imrans Toronto visit
o   Sindh minister booked in torture case
o   PM, family leave for Haj today
o   No more fraudulent elections: Raja
o   Ch Nisar expresses no-trust in FIA
o   More world records for Pakistan at Youth Festival

WORLD







o   With Romney closing in, Obama to launch swing state blitz
o   Syria denounced at Beirut funeral rally for slain official
o   Iran denies report of plans for nuclear talks with U.S.
o   Syria envoy Brahimi meets Assad in Damascus: TV
o   Europe and China don't need a trade war: EU trade chief
o   As Iraq, Afghan wars end, private security firms adapt
o   D-Day looms for Armstrong but case likely to drag on
o   Analysis : Canada takes hard line on natural resources, no matter the cost
o   Confusion in Libya over fate of former Gaddafi spokesman
o   ECB's Knot backs German call for EU budget commissioner
o   U.S. says willing to meet with Iran on nukes but no talks set
o   Lebanon to bury slain intelligence official
o   Argentine leader orders evacuation of ship seized in Ghana
o   West Bank vote held to help plug Palestinian democracy gap
o   United States, Iran agree to one-on-one nuclear talks : New York Times
o   Argentine leader orders evacuation of ship seized in Ghana
o   News Corp says reports of talks with LA Times, Tribune are false
o   Five Colombian soldiers killed, first deadly clash amid peace talks
o   U.S. says no plans for one-on-one meeting with Iran on nuclear issue
o   Kuwait opposition to boycott vote, calls for protests
o   Nigerian army arrests Boko Haram member at senator's home
o   Libya government says former Gadhafi spokesman captured
o   Syria envoy presses Damascus for ceasefire
o   Race tightens for Obama, Romney ahead of final debate
o   Lebanese PM suspects assassination linked to bomb plot
o   Canada blocks $5.2 billion Petronas bid for Progress Energy
o   Twin Iraq blasts kill eight in Baghdad Shi'ite district
o   As other polls show tight race, Gallup stands apart
o   Israel seizes pro-Palestinian activist ship off Gaza
o   Analysis: U.S. companies take aim at pension risk with lump-sum offers
o   West Bank vote held to help plug Palestinian democracy gap

Business News:
Pakistan Reserves fall: KARACHI, Oct 18: The country’s foreign exchange reserves fell to $14.32 billion in the week ended Oct 12, compared with $14.41 billion in the previous week, according to data released by State Bank of Pakistan on Thursday.
The central bank’s reserves fell to $9.81 billion from $9.92 billion a week earlier, while reserves held by commercial banks rose to $4.50 billion from $4.49 billion.
EXCHANGE FOR CURRENCY NOTES:

U.S.A              96.30
S.Arabia         25.68
U.K                 154.63
Japan              1.2138
Euro               125.86
U.A.E             26.22

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)         Rs 53,228
Silver Tezabi                    Rs 942.85

Fri, 19 Oct 2012



-
Upbeat on Sept earnings, traders give KSE a lift
KARACHI: The main stock market closed higher on Friday, as investors increased buying because of optimism ahead of

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POL, CNG price decrease approved
ISLAMABAD: The Ministry of Petroleum has approved a decrease in price of petroleum products, which would be effect

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Rupee closes 95.35/95.45 to US dollar
KARACHI: In the currency market, the rupee ended at 95.35/95.45 to the dollar, compared to Thursday s close of 95.

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Sindh CNG stations closed for 48 hours
KARACHI: CNG stations across Sindh including Karachi, under gas load management plan, closed for 48 hours from Fri

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Euro holds steady on EU summit news
TOKYO: The euro held steady in Asian Friday after news that European Union leaders had clinched a deal on setting

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World oil prices mixed in Asian trade
SINGAPORE: Oil prices were mixed in Asian trade Friday as investors await the final outcome of an EU summit on tac

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Google results, filed by mistake, miss; shares dive
SAN FRANCISCO: Google Inc inadvertently released its draft quarterly results hours ahead of schedule, missing expe

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Apple loses tablet copyright appeal against Samsung
LONDON: Apple has lost its appeal against a ruling that cleared rival Samsung of copying its registered designs fo

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ADB urged to help Pakistan fight energy crisis
ISLAMABAD: Dr. Abdul Hafeez Shaikh Minister for Finance and Economic Affairs on Thursday asked Asian Development B

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Foreign exchange reserves stand at $14.319bn
KARACHI: Pakistan s total liquid foreign reserves stood at dollars 14,319 billion during the week ending by October

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KSE tad higher ahead of earnings season;
KARACHI: Local capital market closed slightly higher on Thursday but investors remained cautious while waiting for

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CNG stations to remain closed for 48 hrs in Sindh
KARACHI: CNG stations across Sindh province including Karachi, under gas load management plan, would be closed for

-
Crude down in Asia on US energy demand concerns
SINGAPORE: Oil fell in Asia on Thursday on demand concerns after US data showed a sharper-than-expected rise in cr

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Dr Asim discusses TAPI project with Indian counterpart
ISLAMABAD: Advisor to the Prime Minister on Petroleum and Natural Resources Dr. Asim Hussain met his Indian counterpart

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Falling foreign outlays, gas concerns weigh on KSE
KARACHI: Local stocks closed slightly lower on Wednesday due to concerns over plummeting foreign investment and ga

MOHAMMED SALEEM MANSOORI

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