Wednesday, 6 February 2013

LATEST NEWS UPDATE:07.02.2013



LATEST NEWS UPDATE:
 Latest News in Brief:
o   Dr Shah's body arrives in Karachi
o   Three attackers killed in police firing
o   Cylinder blast near Karsaz injures two
o   Overnight violence claims five lives in Karachi
o   Pakistan to play India for 7th spot in Women WC today
o   PPP, Q agree to contest elections in coalition
o   Turkey to build warship for Pakistan
o    Commerce minister to visit Delhi on 21st

WOLRD(Brief News):
o   RBS faces over $600 million fine for rate rigging - sources
o   Exclusive: SandRidge gives CEO wide scope to cut his own land deals
o   Tunisian opposition politician shot dead
o   Iran's Ahmadinejad seeks strategic axis with Egypt
o   Malone strikes $15.75 billion Virgin Media deal to take on Murdoch
o   Tsunami kills at least five in Solomons after big Pacific quake
o   India "concerned" by China role in Pakistan port
o   China says extremely concerned after latest North Korea threats
o   Fighting erupts in Damascus as rebels launch offensive
o   Analysis: Euro overshoot will rekindle bloc-wide tensions
o   Dell to go private in landmark $24.4 billion deal
o   Ally of Iran's Ahmadinejad freed from prison: official
o   Clout of Obama's "Mr Fix-it" extends abroad at start of second term
o   Fed says internal site breached by hackers, no critical functions affected
o   U.S. government slams S&P with $5 billion fraud lawsuit
o   Deficits to shrink through 2015, but debt to deepen: CBO
o   Obama proposes short-term budget fix, Republicans swiftly object
o   Japan protests to China after radar pointed at vessel
o   British PM's party split as first gay marriage vote passes
o   Bulgaria blames Hezbollah in bomb attack on Israeli tourists
o   Iran's Ahmadinejad kissed and scolded in Egypt
o   North Korea threatens "stronger" measures than nuclear test
o   Memo justifies drone kills even with patchy intelligence
o   Dell to go private in landmark $24.4 billion deal
o   Near-term deficits to shrink, but debt to deepen: CBO
o   Barclays ducks Qatar questions, takes $1.6 billion mis-selling hit
o   British PM's party split as first gay marriage vote passes
o   China OKs sweeping tax reforms to tackle inequality
o   U.S. service sector grows, Europe more optimistic
o   UBS overhaul bearing fruit despite hefty quarterly loss
o   India gang-rape trial starts with testimony from victim's friend
o   Home prices post biggest jump in over six years: CoreLogic
o   Suicide bomber hits Iraq army checkpoint, three killed
o   Service sector grows in January, job index at seven-year high: ISM
o   France arrests suspected Islamists in Mali rebels probe
o   Euro, shares recover as European worries recede
o   Smaller BP's profits down as oil spill trial looms
WOLRD BUSINESS(Brief News):
o   RBS faces over $600 million fine for rate rigging: sources
o   TMX reports profit in first full quarter after Maple deal
o   HSBC CEO says complex structure had left it open to crime
o   Factbox: Tom Ward's revised employment agreement
o   Exclusive: SandRidge gives CEO wide scope to cut his own land deals
o   UBS owes Brazil $1.2 billion taxes for 2006-09: report
o   Panasonic sells buildings to raise about $100 million: sources
o   Yen hits near three-year low as new Bank of Japan governor eyed
o   Eni makes new oil discovery in Egypt
o   Stock index futures point to slightly higher Wall Street open
o   Analysis: Euro overshoot will rekindle bloc-wide tensions
o   Egypt offers $50 mln at Wed auction, sets extra sale
o   Malone strikes $15.75 billion Virgin Media deal to take on Murdoch
o   Virgin under Liberty will avoid BSkyB UK rights battle
o   Volvo warns of difficult Q1 as truck profits slump
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.63
S.Arabia         26.30
U.K                 154.44
Japan              1.0520
Euro               133.95
U.A.E             26.85


BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs53,742
Silver Tezabi                Rs972.85



Thu, 7 Feb 2013

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Oil up in Asian trade ahead of ECB meeting
SINGAPORE: Oil was up in Asian trade Thursday as investors awaited the results of a European Central Bank (ECB) me

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Dr Asim announces 2-day/week gas supply for Punjab Textile sector
ISLAMABAD: Advisor for Petroleum, Dr Asim Hussain Wednesday announced two-day gas supply per week for the Textile

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Yen plunges after BoJ chief says he will quit early
TOKYO: The yen plunged to its lowest level in nearly three years against the dollar in Asian trade on Wednesday af

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Oil prices higher in Asia
SINGAPORE: Oil prices rose in Asian trade on Wednesday, supported by healthy economic indicators in the world s ma

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CNG pumps closed for 24 hours in Sindh
KARACHI: The CNG stations across Sindh have been closed for 24 hours from 8:00 AM Wednesday (today) till 8:00 AM o

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Sindh: SSGC issues weekly CNG shutdown schedule
KARACHI: Under gas load management plan, the CNG stations in Sindh will remain out of business on Wednesday and Fr

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Oil prices slip in Asian trade
SINGAPORE: Oil prices fell in Asian trade on Tuesday in line with a sell-off in regional equities, analysts said,

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Asian markets reverse rally on new European fears
HONG KONG: Asian markets tumbled on Tuesday, bringing a recent rally to a juddering halt, as Wall Street and Europe

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Goods transporters call off strike
KARACHI: Goods transporters have ended their strike after successful negotiations with ship agents, Geo News report

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KSE closes higher, rupee weakens
KARACHI: Pakistan s stock market closed higher on Monday, with the telecommunications sector taking the lead as in

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Electric cars head toward another dead end
TOKYO/DETROIT: Are electric cars running out of juice again? Recent moves by Japan s two largest automakers su

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LPG price hike by Rs5-12 per kilo feared
KARACHI: The government is mulling over imposing a levy, which is feared to hike the price of LPG in the range of

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Oil prices slip in Asia on profit-taking
SINGAPORE: Oil prices eased on profit-taking in Asian trade Monday after enjoying healthy gains at the end of last

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Pak to pay off $520m as IMF dues in Feb
ISLAMABAD: Pakistan will pay 520 million dollars against the International Monetary Fund (IMF) loan programme in t

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USC cooking oil price raised by Rs9/litre
KARACHI: Utility Stores Corporation (USC) has raised the cooking oil price by Rs9.00 per litre, Geo News reported







MOHAMMED SALEEM MANSOORI

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