Wednesday, 2 January 2013

LATEST NEWS UPDATE: 03.01.2013



LATEST/BRIEF  NEWS:
PAKISTAN (Brief News):
o    Drone kills three in North Waziristan
o   US drone attack kills 4 in S. Waziristan
o   Cellular services to remain suspended
o   Pakistan, India 2nd ODI today
o   Fazl calls Qadri ‘frustrated person’
o   Pak offers to insure foreign businessmen
o   Cabinet meeting to take-up Qadri’s Long March today
o   Police detain 20 suspects in Orangi town operation
o   Chehlum of Karbala martyrs being observed today
o   WHO launches anti-measles vaccination in Sindh as 222 children die
o   MQM refutes rumours about quitting government
o   President, PM condemn killing of Sharjeel Memon’s  cousin
o   Malala Yousufzai’s  father given diplomatic job in UK
o   14 parties to stay away from long march
o   Switzerland best place to be born, Pakistan 75th

WOLRD(Brief News):
o   United States avoids calamity in "fiscal cliff" drama
o   Analysis: In era of gridlock, Congress "created a monster"
o   House skips vote on Sandy aid, angering members from storm-hit states
o   Analysis: Young, urban Indians find political voice after student's gang rape
o   Syrian rebels attack military airport in northwest
o   Analysis: Six months on, Monti's labor reform has changed little
o   At least 61 crushed to death in Ivory Coast stampede
o   After fiscal win, Obama warns Congress on debt fight
o   Passage of bill to avoid "cliff" should bolster Wall Street
o   Gunmen in Pakistan shoot dead seven aid workers near capital
o   Analysis: "Fiscal cliff" deal called a dud on deficit front
o   Analysis: U.S. arms sales to Asia set to boom on Pacific "pivot"
o   Syrian government forces go on attack on first day of year
o   Thousands march against Hong Kong's leader
o   North Korean leader, in rare address, seeks end to confrontation with South
o   Analysis: Economy would dodge bullet for now under fiscal deal
o   House Republicans balk at "fiscal cliff" deal
WOLRD BUSINESS(Brief News):
o   Stock futures surge on fiscal deal
o   Euro zone factory slump deepens but Asia perks up
o   Avis Budget to buy Zipcar for $500 million
o   UK factory activity unexpectedly rebounds in December: PMI
o   U.S. fiscal cliff deal prompts broad global market rally
o   ArcelorMittal to sell $1.1billion stake in Canadian unit
o   Egypt pound weakens further at 3rd c.bank currency sale
o   Egypt blocks Centamin gold shipment on lack of permit
o   Top Goldman Sachs executives get shares on New Year's Eve
o   Analysis: Russia helps farmers, consumers by allowing grain exports
o   Small-business borrowing rises in November
o   Uganda central bank says in market to sell forex
o   S.Africa to auction 2031 and 2048 bonds
o   Instant View - Manufacturing PMI jumps to fifteen-month high in December
o   United States avoids calamity in "fiscal cliff" drama
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.07
S.Arabia         26.15
U.K                 160.20
Japan              1.1248
Euro               130.15
U.A.E             26.70

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct) Rs53,442
Silver Tezabi Rs977.14


Thu, 3 Jan 2013

-
Oil down as euphoria over fiscal cliff deal fades
SINGAPORE: Oil prices were down in Asian trade Thursday as the initial euphoria over the fiscal cliff deal in the

-
US ''cliff'' actions not enough: IMF
WASHINGTON: The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go fa

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Selling at KSE takes away 304 points
KARACHI: The prices of local equities closed lower at Karachi Stock Exchange (KSE) on Wednesday amid concerns over

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SBP reduces refinance rate, services charges
KARACHI: The State Bank of Pakistan (SBP) Tuesday reduced the refinance rate and services charges on its various f

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Flour prices increase in several cities
KARACHI: The price of flour has increased in several cities of the country. According to owners of flour mills, pr

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Crude rises on US fiscal cliff deal
SINGAPORE: Oil was up in Asia Wednesday, as traders cheered a last-minute deal pieced together by US politicians t

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Asian markets rise as US poised to avert fiscal cliff
HONG KONG: Asian shares rose Wednesday as the US Congress looked set to back a deal to avert a "fiscal cliff" of d

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No shortage of petrol in country: Dr Asim
b

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OGRA notifies up to Rs12.80/kg raise in CNG prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) Tuesday issued a notification, raising the CNG prices in li

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CNG prices likely to increase by Rs19 per kg
ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday approved the CNG and LPG policy guideline, Geo New

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CNG stations closed for 3 days across Sindh
KARACHI: After Sui Southern Gas Company (SSGC) announced the schedule for closure of CNG stations this week, all t

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Power supply to textile industry restored after 11-day suspension
FAISALABAD: Electricity supply to textile industry has been restored following the directives of the prime minister

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CNG to remain closed for 72 hours in Sindh
KARACHI: Sui Southern Gas Company has announced the schedule for closure of CNG stations for the current week account

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Bank holiday on Tuesday
KARACHI: The State Bank of Pakistan (SBP) announced on Monday that all its offices including SBP Banking Services

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Dollar down against euro, yen on fiscal cliff fears
SINGAPORE: The dollar weakened against the euro in Asia Monday with traders fleeing the US currency as hopes faded


MOHAMMED SALEEM MANSOORI

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