Monday, 25 March 2013

LATEST NEWS UPDATE: 26.03.2013



Latest News in Brief(Pakistan):
o   SC hears Dr Mubashir Hassan’s petition
o   Sui: Gas supply to Karachi affected as pipeline blown up
o   Seats adjustment: PPP, PML-Q hold final round of talks today
o   Committee to sit today to appoint caretaker Punjab CM
o   Barriers removed from Lines Area in overnight Rangers action



WOLRD(Brief News):
o   Cyprus reaches last-minute deal on 10 billion euro bailout
o   Central African Republic rebel chief to name power-sharing government
o   Rebel Free Syrian Army founder loses leg in Syria blast
o   Dell confirms offers from Blackstone, Icahn
o   Insight: Silent or supportive, conservatives give gay marriage momentum
o   Italy's Berlusconi demands coalition with centre-left or new vote
o   Secretary of State Kerry makes unannounced visit to Afghanistan
o   Syrian rebels bombard central Damascus, army artillery hits back
o   Zimbabwe court releases rights lawyer on bail
o   U.S. victims of mass shootings seek control over donations
o   Afghanistan's Karzai heads to Qatar to discuss peace with Taliban
o   Moderate face of Syrian uprising quits
o   Mursi warning stirs fears in Egypt opposition
o   Moderate face of Syrian uprising quits
o   Trade relations in focus before China's Xi gives Africa speech
o   IMF draft cuts 2013 U.S. growth forecast: report
o   Top U.S. diplomat Kerry asks Iraq to stop arms to Syria
o   U.S. victims of mass shootings seek control over donations
o   Rebels capture Central African Republic capital, president flees
o   Dell's board evaluates rival bids: source
o   Cyprus and EU agree draft proposal to rescue banks
o   Detroit's new czar faces deep decay of city's neighborhoods
o   NY Mayor Bloomberg predicts success for expanded gun checks
o   Opponents mark Obamacare's third anniversary with lobbying surge
o   Ex-President Musharraf returns to Pakistan for elections
o   Top China college in focus with ties to army's cyber-spying unit
o   Billionaire Berezovsky was exiled kingmaker
o   Analysis: Obama's climate agenda may face setbacks in federal court
o   Afghanistan's Karzai heads to Qatar to discuss peace with Taliban
o   Israel says fence-mending with Turks does not end Gaza blockade
o   Iran denies link to group arrested in Saudi Arabia
WOLRD BUSINESS(Brief News):
o   Cyprus bailout will work, but impact uncertain: EU's Barroso
o   Avocet cuts exposure to costly hedge, secures funds
o   Putin orders Russian government to restructure Cyprus bailout loan
o   Stock futures up after Cyprus deal, S&P record in sight
o   Cyprus reaches last-minute deal on 10 billion euro bailout
o   Dell confirms offers from Blackstone, Icahn
o   TNT Express cuts 6 percent of jobs to face future alone
o   Any capital controls in Cyprus to be brief: EU's Barnier
o   Russian PM says "stealing continues" in Cyprus
o   Cypriot government must explain to people why bailout right: Germany
o   European shares rise after Cyprus bailout deal
o   Striking miners at S.Africa's Exxaro return: union
o   S.Africa maize stocks at 2.729 mln T in February
o   Cyprus bank closures have limited capital flight: Schaeuble
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.08
S.Arabia         26.42
U.K                 151.05
Japan              1.0453
Euro               129.15
U.A.E             26.98

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs51,600
Silver Tezabi                Rs891,42




  Tue, 26 Mar 2013

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Oil down in Asia on eurozone bank bailout concerns
SINGAPORE: Oil prices fell in Asian trade on Tuesday after comments from a top eurozone official sparked fears tha

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Power generation to be increased by 5,000 MW next month: Sikandar
LAHORE: Federal Water and Power Secretary Rao Sikandar has said that power generation would be increased by 5,000

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Pakistani stocks finish flat on profit-booking
KARACHI: The profit-takers brought Karachi Stock Exchange (KSE) down to an absolutely flat end here on Monday, Geo

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Euro rebounds in Asia on Cyprus bailout deal
TOKYO: The euro rallied in Asian trade on Monday after eurozone finance ministers agreed on a 10-billion-euro bail

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Oil prices up in Asia on Cyprus bailout deal
SINGAPORE: Oil prices rose in Asian trade Monday after Cyprus and its international creditors struck a 10-billion-

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Japanese stocks open 1.37% higher
TOKYO: Tokyo stocks opened 1.37 percent higher on Monday as the president of Cyprus indicated apparent progress in

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Leather garments exports fetch $234mn in seven months
ISLAMABAD: Exports of leather garments has reached $234 million in first seven months of current fiscal year as $2

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SSGC mulling over Mon-Tue CNG closure
KARACHI: A gas pipeline measuring 18-inch diameter has been blown up once again near Sui area in Balochistan, forc

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Karachi Stock Exchange inches up amid thin trade
KARACHI: With cementmakers and fertilizer stocks in focus the apex bourse managed to have another somewhat dull bu

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Yen firms in Asia on Europe fears
TOKYO: The yen firmed in Asian trade on Friday as investors sought out the safe-haven currency following more weak

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Oil prices mixed in Asia as Cyprus fears grow
SINGAPORE: Oil prices were mixed in Asia Friday on fears of a possible default by Cyprus as the European Central B

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Oil prices mixed in Asia, China manufacturing picks up
SINGAPORE: Oil prices were mixed in Asian trade Thursday as data showing Chinese manufacturing picking up strongly

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Euro steady as markets weigh Cyprus bailout fears
TOKYO: The euro was steady in Asia Thursday as markets eye talks over a Cyprus bailout deal, while yen trade was d

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Karachi Stock Exchange makes modest gains
KARACHI: Local capital market extended its rally on Wednesday to make modest gains as Karachi Stock Exchange s (KS

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Asian markets mixed after Cyprus vote
HONG KONG: Asian markets were mixed on Wednesday after Cypriot lawmakers comprehensively rejected a plan to tax sa








MOHAMMED SALEEM MANSOORI

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