Wednesday, 12 December 2012

LATEST NEWS UPDATE: 13.12.2012



Parts of Karachi receive heavy rain
KARACHI: Various parts of the metropolis received heavy rain with thunder storm in the wee hours of Thursday, Geo News reported.
 The first winter downpour lashed North Nazimabad, North Karachi, F.B. Area, I.I. Chundrigar road, Hassan Square, University Road, Malir Cantt, Airport and others.

LATEST/BRIEF  NEWS:
PAKISTAN (Brief News):
o   Af-Pak agree to investigate spy attack
o   Another hand grenade attack in Karachi
o   Nine killed in Karachi violence today
o   Heavy rain lashes Karachi, other cities
o   Another accused in Wali Babar murder case arrested
o   ECP to discuss violations in recent by-polls
o   Karachi vote verification to start from Jan 1

WOLRD(Brief News):
o   North Korea's new leader burnishes credentials with rocket
o   "Friends of Syria" group recognizes opposition coalition
o   Gunman kills two at Oregon mall before taking own life
o   Rosneft finalizes deal to buy TNK-BP stake from AAR
o   Fed set to expand its monetary stimulus
o   Analysis: More pressure on global wages could backfire
o   Obama, Boehner talk and exchange new offers on "fiscal cliff"
o   Egyptians abroad vote, army to host "unity" talks
o   Lots of shopping left to do, less left to spend: Reuters/Ipsos poll
o   HSBC became bank to drug cartels, pays big for lapses
o   Senate panel leaders back Obama nominees for Tax Court
o   Egyptian army to host unity talks as crisis deepens
o   Florida judge keeps GPS monitor on Trayvon Martin's killer
o   Michigan weakens union rights in home of auto industry
o   Asia-Pacific free trade talks make progress, slowly
o   HSBC to pay $1.9 billion U.S. fine in money-laundering case
o   New York state's top court rules gang activity is not terrorism
o   Venezuela's Chavez undergoes cancer surgery in Cuba
o   Syrian Alawite village attacked, rebels fight around capital
o   Weak exports, imports signal tepid economic growth
o   Italy's Monti warns against populism as Berlusconi attacks
o   Israel raids Palestinian NGO offices
o   Trade deficit widens, imports and exports decline
WOLRD BUSINESS(Brief News):
o   Euro zone factory output falls again, recovery far off
o   Carney carries Canadian lessons to the Bank of England
o   Stock futures edge higher, focus on Fed
o   Global shares, commodities lifted by hopes of Fed easing
o   Kenya top tea grade price rises for 5th week
o   Algeria discussing Peugeot stake: source
o   Europe seeks to end discord over banking union
o   Germany says breakthrough possible in EU banking talks
o   Nigeria oil output 2.4-2.5 mln bpd, seen steady in 2013: minister
o   Greece wants extra funds to buy back all bonds offered
o   Analysis: More pressure on global wages could backfire
o   BoE's Dale warns sticky UK inflation to persist
o   Adcorp to buy Australian IT company
o   BMW to collaborate with Boeing on carbon fiber
o   Britain struggling to boost investment in infrastructure
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.17
S.Arabia         26.18
U.K                 158.16
Japan              1.1878
Euro               127.66
U.A.E             26.73

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI



Gold Tezabi (24-ct)      Rs 53,871
Silver Tezabi                 Rs 994.28















 Thu, 13 Dec 2012

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Oil lower in Asia on supply glut fears
SINGAPORE: Oil prices fell in Asia on Thursday after the Organisation of Petroleum Exporting Countries (OPEC) warn

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Dollar near nine-month high on yen in Asian trade
TOKYO: The dollar rose to its highest level in nearly nine months against the yen in Asia on Thursday as the safe-

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Asian markets mostly up after Fed move
HONG KONG: Asian stock markets mostly rose Thursday as the US Federal Reserve announced fresh monetary easing and

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Yahoo! seeks slice of smartphone photo-sharing pie
SAN FRANCISCO: Yahoo! joined the fray over smartphone photo-sharing Wednesday by making it more enticing for iPhone

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HSBC pays record $1.92 bn to settle US laundering probe
LONDON: Asia-focused bank HSBC said on Tuesday it would pay US authorities a record $1.92 billion to settle allegation

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Oil prices higher in Asian trade
SINGAPORE: World oil prices extended gains in Asian trade Wednesday on supply concerns after the OPEC cartel report

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Dollar up against yen after N. Korean rocket launch
TOKYO: The dollar briefly jumped against the yen in Asian trading Wednesday after North Korea launched a rocket se

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Microsoft ups Surface production, to sell in more stores
SEATTLE: Microsoft Corp has stepped up manufacturing of the Surface tablet, its new device designed to counter App

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ADB aids Islamic banking expansion in Pakistan
KUALA LUMPUR: The Asian Development Bank (ADB) has provided a $750,000 grant to promote Islamic banking in Indonesia

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Rupee down in the dumps against US dollar
Th

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Gas cos, cementmakers weigh down on Karachi stocks
KARACHI: Local stocks eased lower on Tuesday, pressured by a drop in shares of cement and gas companies, dealers s

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OGRA approves heavy increase in gas tariffs
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has recommended substantial increase in gas tariffs for industry

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Pak to get $600 million under CSF in few weeks
ISLAMABAD: Federal Finance Minister Dr Abdul Hafeez Shaikh has said that the United States will reimburse $600 mil

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Euro slips in Asian trade
TOKYO: The euro was weaker in Asian trading on Tuesday, weighed by worries over Italian Prime Minister Mario Monti

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Oil up in Asia on expectations for fresh US stimulus
SINGAPORE: Oil prices rose in Asian trade Tuesday on expectations of fresh stimulus measures from the US Federal R







MOHAMMED SALEEM MANSOORI

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