Tuesday, 2 April 2013

LATEST NEWS UPDATE: 03.04.2013



BRIEF: (PAKISTAN)
o   CJ asks judicial officers to ensure transparent polls
o   Dr Imran probe: SY combs house in London
o   Fake degrees: Courts take action against former parliamentarians
o   Fake Degree case: Kurd sentenced to one year in prison
o   SHC approves protective bail of Amin Fahim
o   Karachi: Killer of police officials among 18 arrested in operation
o    Landhi police raid: Several suspects arrested
o   CJ directs returning officers not to succumb to any pressure
o    Four honor-killings in Nawabshah village
o   Pervez Musharraf owns over 645 million rupees’ assets, ECP issues details
o   Homework completed to change officials in Punjab: Najam Sethi
o   Pakistan supports Afghan peace process, says FO
o     Mullah Omar warns Taliban leaders of action over abductions
o   Past rulers committed $10b corruption
o    Militants destroy Peshawar grid station, kill 8
o    ECP orders top babus shake-up




 WOLRD(Brief News):

o   North Korea pressures South by halting entry to industrial zone

o   Analysis: Meet North Korea's new Kim, same as the old Kims?
o   Iran's nuclear program entails huge costs, few benefits: report
o   At Chavez's birthplace, Maduro vows to win Venezuela vote
o   Israel launches air strikes on Gaza; first since truce
o   Blow to Serbia's EU bid as Kosovo talks end without result
o   Four face manslaughter charges for Brazil nightclub fire
o   Islamists accuse U.S. of interference in Egyptian affairs
o   Francis marks anniversary of John Paul II death
o    Malaysian PM dissolves parliament for landmark polls
o   NKorea refuses to let SKoreans enter joint factory
o   UN adopts treaty to regulate global arms trade
o   Israeli planes strike Gaza after rocket fire
o   Survey: Pakistan youth prefer Shariah to democracy
o   Malaysia PM dissolves Parliament to hold elections
o   Rape, kidnap of tourists feed Rio safety fears
o   Serbia, Kosovo talks fail to reach accord
o   Violent storm kills at least eight in Argentina
o   Syrian, Iraqi jihadi groups said to be cooperating
o   Egypt steps up campaign against TV satirist
o   Palestinian anger builds as another prisoner dies on Israel's watch
o   At a West Bank seder, Jews commemorate a modern quest for freedom
o   Double standard emerges in Brazil bus gang rape investigation
WOLRD BUSINESS(Brief News):
o    European manufacturing ebbs further in March
o    Euro zone jobless rate steady at 12.0 percent
o    Stock futures rise, S&P's all-time intraday high in view
o    Ugandan shilling flat vs dlr, eyes Wednesday's rate decision
o    Egypt offers modest reserves target, IMF to consider loan size
o    Exxon, BHP plan world's largest floating LNG plant off Australia
o    France Telecom seeks savings from tower deal in Cameroon, Ivory Coast
o    Cyprus partially eases capital controls in new decree
o    Lonmin picks Amplats executive Ben Magara as new CEO
o    Analysis: BoJ's Kuroda tested by divided board
o    Air cargo recovery hinges on euro zone risk: IATA
o    Ghana president names deputy cenbank governor to top job
o    Carrefour eyes plan for Brazil, China growth: FT
o    UK manufacturing shrinks for second month, mortgages fall

Business News:

Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.28
S.Arabia         26.47
U.K                 151.44
Japan              1.0706
Euro               127.83
U.A.E             27.03

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs 51,214
Silver Tezabi                Rs 874.28






Wed, 3 Apr 2013



-
Oil down in Asian trade
SINGAPORE: Oil was down in Asia on Wednesday as a pipeline closure in the United States led to fears that inventor



-
Cements help Karachi stocks build a recordmaking rally
KARACHI: On the concrete trading foundation laid by cementmakers, Karachi Stock Exchange (KSE) built a rally to co



-
Dollar weakens in Asia after poor US data
TOKYO: The dollar fell against the yen and euro in Asian trade Tuesday after weaker-than-expected US manufacturing



-
Oil prices fall in Asia after weak US data
SINGAPORE: Oil prices eased in Asia on Tuesday, hit by disappointing manufacturing data and a pipeline closure in



-
Sindh depends on imported onion from India
KARACHI: Sindh onion consumption has exceeded its production, as the province has started to depend on imports of



-
CPI-based inflation rises to 0.41pc month-on-month
ISLAMABAD: The country s Consumer Price Index (CPI) based inflation rate for the month of March 2013 rose to 0.41



-
LPG prices decreased across Pakistan
KARACHI: Price of Liquefied Petroleum Gas (LPG) has been reduced by Rs11.30 across the country, according to LPG D



-
Oil prices down in Asia on profit taking
SINGAPORE: Oil prices eased in Asia on Monday as investors took profits after a run-up in prices last week before



-
Asian markets slip, Tokyo hit by strong yen
HONG KONG: Asian markets slipped in holiday-hit trade Monday as investors were unimpressed by a mild improvement i



-
Euro weakens in Asian trade on Cyprus, Italy worries
TOKYO: The dollar and euro weakened on the yen in Asia Monday amid concerns over debt-ravaged Cyprus and political



-
Petroleum prices see a modest downward revision
ISLAMABAD: The Oil Gas Regulatory Authority has announced a downward revision in petroleum products prices, Geo



-
Sindh CNG filling outlets reopen today
KARACHI: All the CNG stations in Sindh including Karachi would reopen today (Saturday) at 8 AM after 24-hour closu



-
Pakistani mango exporters urged to explore Japan markets
TOKYO: Stressing the need for jacking up exports of fruit, Ambassador of Pakistan to Japan, Farukh Amil, said that



-
Karachi Stock Exchange puts on 95.55 points
KARACHI: The telecom sector landed Karachi Stock Exchange in the green zone on the rollover day with a gain of 0.5



-
OGRA sends summary for POL price decrease to Petroleum Ministry
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has sent the summary seeking a decrease in the price of pet


MOHAMMED SALEEM MANSOORI

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