Wednesday, 20 February 2013

LATEST NEWS UPDATE: 21.02.2013



 Latest News in Brief:
o   SC resumes suo moto hearing in Quetta carnage case
o   US may impose sanctions on Pakistan over Iran gas deal
o   Iranian oil minister discusses with Pakistan leadership bilateral relations as well as Iran-Pakistan gas pipeline.
o   Quetta carnage: Critically injured shifted to Karachi
o   Lahore: 22 children injured as fire erupts in school
o   Senator says 4,700 killed in US drone strikes
o   Six more killed in Karachi violence
o   Cabinet approves Karachi-Hyderabad Motorway project
o   A delegation comprising some Federal Ministers and Provincial Ministers from Sindh headed by Chief Minister Sindh Syed Qaim Ali Shah called on the President Asif Ali Zardari at Presidency.
o   FBR action against industries
o   President signs Trade Bill 2013
o   KSE posts fresh gain of 129.36 points
o   BB murder site washed off on SPs order: witness
o   PPP, PML-Q to field joint candidates in polls
o   SC halts further action over Sindh local govt act
o   Blake arrives to take Pakistan on board
o   Imran to contest election from Swat
o   Pakistan to benefit as Kerry against cuts to diplomacy spending

WOLRD(Brief News):
o   China says U.S. hacking accusations lack technical proof
o   Bulgaria government resigns amid growing protests
o   Juggling priorities, Pentagon tries to protect war funding, troops
o   Witness heard "non-stop shouting" from Pistorius home
o   Insight: Rome will burn, regardless of Italian election result
o   Boeing engineers split on contract, talks to resume
o   Anti-austerity strike brings Greece to a standstill
o   China January FDI falls, reflects global firms' caution, cheaper rivals
o   Exclusive: Tight-fisted Japan firms deal blow to Abe's revival plan - Reuters survey
o   Obama reaches out to three key Republicans on immigration reform
o   Tunisian PM quits after failing to form new government
o   Dell profit plummets 31 percent as investors ponder $24 billion buyout
o   Exclusive: Apple, Macs hit by hackers who targeted Facebook
o   Obama puts fresh pressure on Republicans to avert spending cuts
o   Four dead, including gunman, in California shooting spree
o   General John Allen to retire, won't take NATO nomination
o   French soldier killed in Mali, 20 rebels dead
o   Tunisian PM quits after failing to form new government
o   Syria "Scud-type" missile said to kill 20 in Aleppo
o   Google risks huge fine under new EU data rules: top official
o   Simpson, Bowles propose $2.4 trillion U.S. deficit reduction
o   Four dead, including gunman, in California shooting frenzy
o   Exclusive: Apple, Macs hit by hackers who targeted Facebook
o   Dell profit falls amid attempt to go private
o   Pistorius shot girlfriend through door: prosecutor
o   Chavez back in Venezuela, on Twitter with 4 million followers
o   SandRidge CEO's family amasses big land stake near company-fund
o   British shoppers may pay high price from horsemeat scandal
o   Nestle withdraws pasta meals as horsemeat scandal spreads
o   Microsoft made mistakes in early mobile strategy: Bill Gates
o   Robbers pull off huge diamond heist at Brussels airport
o   Yemeni warplane crashes in capital Sanaa, 12 dead
o   Turkish police target leftists after U.S. embassy bombing
o   Security group suspects Chinese military is behind hacking attacks
o   German government agrees 330 troops for Mali support
WOLRD BUSINESS(Brief News):
o   BHP's CEO-elect says M&A not excluded, but not core
o   Nigeria LNG to raise $1.6 bln to buy six ships: source
o   Zambia revokes Chinese mine licences on poor safety
o   Nigeria Nestle shares hit new highs, up 30 pct this year
o   "Amazon tax" payoff starts to arrive in some U.S. states
o   Record number in work in UK, claimant count plunges
o   Stock index futures signal more gains
o   China restates plan to extend property tax program to new cities
o   S.Africa labour unrest makes it hard to raise money: Amplats
o   Santander cuts top directors' pay as profits slump
o   Analysis: As parked 787s multiply, Boeing cash drain worries grow
o   Lafarge speeds up savings drive, sees 2013 growth
o   Namibia cbank holds rates steady, GDP growth to slow
o   Sony set to make pre-emptive strike on Microsoft with PS4
o   Egypt authorities want more clarification on OCI deal
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.98
S.Arabia         26.39
U.K                 152.86
Japan              1.0597
Euro               132.75
U.A.E             26.95


BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)  Rs52,371
Silver Tezabi            Rs942.85


Thu, 21 Feb 2013

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Oil down in Asian trade
SINGAPORE: Oil prices were down in Asia on Thursday as the dollar strengthened and amid market speculation that Sa

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Dollar holds firm after soaring on Fed minutes
TOKYO: The dollar held firm in Asian trade Thursday after leaping on Federal Reserve minutes which suggested the c

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Asian markets slip on Fed stimulus fears
HONG KONG: Asian markets saw early losses Thursday following a tumble on Wall Street as traders grow concerned than

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Stocks at KSE maintain upward march; close just below 18000 mark
KARACHI: The prices of local equities at Karachi Stock Exchange (KSE) closed higher on Wednesday with rising turnover

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Asian markets mostly up after Wall St, Europe gains
HONG KONG: Asian markets mostly climbed on Wednesday, with dealers taking a positive cue from Wall Street and Euro

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Euro gains in Asia on German data
TOKYO: The euro strengthened in Asian trading on Wednesday, boosted by a surge in a closely watched German confide

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Oil prices mixed in Asian trade
SINGAPORE: Oil prices were mixed in Asian trade on Wednesday as investors returned from a long weekend holiday in

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Telecos weigh down on Pakistan stocks; rupee weak
KARACHI: Pakistan s stock market closed lower on Tuesday amid unconfirmed news that telecom companies may face con

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Saleem Mandviwalla replaces Hafeez Shaikh as Finance Minister
ISLAMABAD: Saleem Mandviwalla has replaced Abdul Hafeez Shaikh as the Finance Minister of Pakistan. Mandviwalla walla

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Oil mixed in Asian trade
SINGAPORE: Oil prices were mixed in Asia on Tuesday after a holiday in the United States and data showing weaker o

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Tokyo stocks open down 0.63pc
TOKYO: Tokyo stocks opened 0.63 percent lower on Tuesday after the yen strengthened slightly following its recent

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Agreement signed to hand over Gwadar Port to Chinese company
ISLAMABAD: An agreement has been signed in Islamabad to hand over Gwadar Port to a Chinese company. Under t

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Pakistan exports record volume of non-basmati rice to China
KARACHI: Pakistan has exported a record volume of non-Basmati rice (72,623 metric tons) to China worth $ 30 million

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LG Display to invest $655mn to make OLED panels
SEOUL: South Korean flat-screen maker LG Display said on Monday it would invest 706 billion won ($654.8 million) t

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News Corp, popular tech blog contemplate split: report
NEW YORK: All Things D, the widely read technology blog run by Kara Swisher and Walt Mossberg, has begun discussions











MOHAMMED SALEEM MANSOORI

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