Wednesday, 7 November 2012

LATEST NEWS UPDATE: 08.11.2012



Huge blast targets Rangers HQ in Karachi
KARACHI: A high-intensity blast occurred at the Rangers Headquarters in Karachi’s North Nazimabad area early Thursday, DawnNews reported.
According to media reports, a truck slammed into one of the entrances of the Rangers compound  killing one person and leaving more than a dozen injured, including civilians.
The blast was heard across the city as fear and panic gripped the citizens. The blast caused damaged to nearby buildings and shattered windows in the vicinity.
Emergency and rescue teams had reached the site after the explosion.
A portion of  a building, inside the Rangers compound and efforts were being made to put them out.
The injured were shifted to Abbasi Shaheed Hospital.
The area was cordoned off by security forces as investigations into the incident went underway.
The Governor of Sindh Dr Ishratul Ebad Khan and Interior Minister Rehman Malik condemned the attack and sought a report from IG Sindh over the incident.


LATEST/BRIEF  NEWS:

PAKISTAN

Bank holiday on November 9: SBP: ISLAMABAD: The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Friday, November 9, being Public Holiday as declared by the government on the occasion of Iqbal Day.
Central Bank has issued a notification to this effect.
Brief News:







o   Lahore: Young doctors put off sit-in
o   Nawaz for harmony among institutions
o   Govt sends letter to Swiss authorities
o   Electronic markets to remain shut today
o   Five hurt in Karachi road accident
o   1 killed, 21 injured in Karachi suicide blast
o   Darpan''s 32nd death anniversary today
o   US judge jails anti-Muslim filmmaker for a year
o   Karachi violence claims 11 more lives


WOLRD:
o   For Barack Obama, a second chance
o   Hillary Clinton likely to resign
o    Analysis: In the end, Obama won on the economy
o    Obama wins second term, Romney concedes defeat
o    China says Obama win offers opportunity to mend ties
o    Harsher energy regulations coming in Obama's second term
o    Analysis: Obama re-election driven by economy, turnout
o    Analysis: Victory puts Obama in position to expand government's reach
o    Syrian rebels fire at, miss Assad's palace
o    China announces closing date for party congress
o    Having dispatched Romney, Obama faces Iran, Syria
o    In Ohio, Obama cut into Romney's advantage among white men
o    Obama victory leaves Cubans relieved, hopeful
o    Election over, Obama faces fresh challenge with "fiscal cliff"
o    Democrats hold Senate, moderates fade in both parties
o    Storm-lashed New York, New Jersey scramble as weather threatens
o    Obama's re-election and a path to a tax code revamp
o    Republican vice presidential candidate Ryan wins House re-election
o    Obama win has U.S. investors staring at fiscal cliff
o    House stays under Republican control
o    Complaints about voter IDs, ballots, long lines in election
o    George Soros says Obama victory means "more sensible politics"
o    Romney's Mexican cousins rooting for him in election
o    Bombings rock Damascus, brother of parliament speaker killed
o    Obama congratulates Romney on "spirited campaign"
o    U.S. soldier's testimony on Afghan rampage at odds with prosecution
o    Networks project Obama wins re-election as U.S. president
o    Cautious reformers tipped for new China leadership
o    Colorado, Washington first states to legalize recreational pot
o    Insight: For Long Island utility in flux, warnings preceded Sandy
o    Sandy disrupts voting; Northeast braces for new storm
o    Americans tour base to recruit Libyan anti-militant force: commander
o    In storm-battered New York area, a determination to cast votes
o    Briton murdered in China fed tips to British intelligence
o    Markets want clear decision from presidential vote
o    Exclusive - Amazon to win EU e-book pricing tussle with Apple
o    White House race goes down to the wire
o    Romney casts vote, feels "great" about Ohio
o    Putin sacks defense minister amid scandal
o    Bahrain arrests bombing suspects and blames Hezbollah
o    Wall Street jumps as election waiting nears the end
o    Obama wins second term, Romney concedes defeat
o    Bombardier profit rises; C-Series first flight delayed
o    Libya's NOC targets 1.72 mln bpd output in Q1
o    Coal of Africa warns of job cuts at S.Africa colliery
o    Exxon started talks over sale of Iraq's West Qurna-1 stake: official
o    Global shares gain, dollar slips after Obama win
o    Audi Oct sales up 13.9 percent to 123,600 vehicles
o    Randgold sees 2012 output at lower end on weak Q3
o    S.Africa's October business confidence edges up
o    Russia welcomes "predictable" Obama's election win
o    Analysis: Nextel's Latam carrier faces uphill battle in Brazil
o    Stock index futures steady after Obama victory
o    Ericsson to cut near 9 percent of Swedish staff amid downturn
o    Exxon tells Iraq wants to quit West Qurna oilfield
o    UK close to selling UAE 60 Typhoon jets - defence source

Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              97.06
S.Arabia         25.88
U.K                 155.55
Japan              1.2136
Euro               124.82
U.A.E              26.43

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs 53,914
Silver Tezabi               Rs 955.71

Thu, 8 Nov 2012

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Electronic markets to remain shut today
KARACHI: Electronics markets will remain closed on Thursday in a protest against the killing of traders in Karachi

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US stocks dive after Obama win; Dow loses 2.4pc
NEW YORK: US stocks tanked more than two percent Wednesday after President Barack Obama s re-election victory set

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KSE at record high above 16,200pts; rupee strong
KARACHI: Stocks closed at a record high above 16,200 points on Wednesday, as a jump in share prices in Engro Foods

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Bank holiday on November 9: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including the Pub

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Asian markets cautious as US vote results come in
HONG KONG: Asian markets were mostly lower on Wednesday as traders awaited the outcome of a knife-edge US president

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Dollar tumbles against euro after Obama win
TOKYO: The dollar tumbled against the euro in Asian forex trading after President Barack Obama won a second term f

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KSE benchmark 100-share index sheds 105 points
KARACHI: The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.65 percent, or 105.22 points, lower at

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Wall Street backs Romney
NEW YORK: President Obama and Mitt Romney may be in a dead heat as Americans headed to the polls on Election Day,

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Dollar mixed in Asia ahead of US election
TOKYO: The dollar was mixed in Asian trade Tuesday after hitting a near two-month high against the euro on worries

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Oil down in Asia on eve of US presidential vote
SINGAPORE: Oil fell in Asia Tuesday with trading subdued ahead of knife-edge US presidential elections and the sta

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Apple sells 3 million iPads over first weekend
SAN FRANCISCO/NEW YORK: Apple Inc sold 3 million of its new iPads in the first three days the tablet computers wer

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KSE ends record high on second straight session
KARACHI: The Karachi Stock Exchange (KSE) benchmark 100-shareindex ended 0.34 percent, or 54.81 points, higher at

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Sindh minister yields to transport mafia
KARACHI: Following reduction in CNG prices, the issue of a proportionate cut in transport fares still could not be

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CNG price row piles miseries on people
KARACHI: Most of the CNG stations in the mega-metropolis city here remained closed even today, as the travelers, c

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Asian markets mixed ahead of US election
HONG KONG: Asian markets were mixed on Monday as better-than-expected US jobs figures were offset by caution ahead

MOHAMMED SALEEM MANSOORI











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