Thursday, 4 April 2013

LATEST NEWS UPDATE: 05.04.2013



Latest News in Brief(Pakistan):

 BRIEF: (PAKISTAN)
o  First meeting of caretaker cabinet today
o  SBP submits loan defaulters’ list to ECP
o  Malala announces first grant from Malala Fund
o  Rangers conduct targeted op in Sohrab Goth
o  Rangers arrest several suspects in targeted operation
o  18 injured as wedding party bus collides with car
o  ECP to hear fake degree case of 24 former MPs today
o  Today is last day for verification of degrees
o  SBP submits report to ECP on loan defaulters
o  Pakistan to host 1st World Twenty20 Deaf Cricket Cup
o  Zardari expresses solidarity with Ayyaz Mir
o   No extra cash to Pakistan without tax reform: Britain
o  5.9 magnitude quake hits parts of Pakistan
o  Set Karachi straight in seven days, law-enforcers told


WOLRD(Brief News):
o   Insight: Syrian guerrilla fighters being sent to Iran for training
o   China mobilizes to fight new bird flu; Japan, HK on guard
o   Palestinian funerals draw thousands in tense West Bank
o   U.S. to send missile defenses to Guam over North Korea threat
o   Egypt expects IMF loan agreement in two weeks
o   Florence mayor challenges Bersani, calls for coalition with Berlusconi
o   ECB seen on hold, markets look for signs of later cut
o   U.S. sends F/A-18 warplanes to Philippine military drills
o   Mozambique police raid opposition headquarters
o   Desmond Tutu wins $1.7 million Templeton Prize
o   U.S. official puts onus on Iran in upcoming nuclear talks
o   India's Rahul Gandhi bemuses with "beehive" speech to business leaders
o   South Koreans in North's factory zone stay despite risk, need jobs
o   Syria says will support currency after plunge in value
o   Thai graft body finds no case against PM Yingluck
o   Jailed Kurdish rebel leader calls for unarmed withdrawal- paper
o   North Korea again blocks access to industry zone, Southerners remain
o   North Korea repeats threat to shut down Kaesong
o   North Korea tells South firms in Kaesong to pullout by April 10
o   Sudden flooding kills at least 46 people in Argentina
o   South Korea government says report of North ordering Kaesong pullout "distorted"
o   North Korea seen moving mid-range missile to east coast: reports
o   North Korea can likely revive reactor in six months, needs years for more bombs
o   "Serial" defector steals trawler, sails back to North Korea
o   Capriles mocks "skin-deep" socialists before Venezuela vote
o   Regional leaders refuse to recognize Central African Republic coup leader
o   Palestinian youth shot to death as West Bank seethes
o   U.S. to send missile defenses to Guam over "clear" North Korea danger
o   Cuba ballet says seven dancers defected in Mexico last month
o   Albanian PM's coalition ally switches sides ahead of polls
o   Israel kills Palestinian teenager in West Bank confrontation: medics
o   North Korean army says it has "ratified" nuclear strike against U.S.
o   U.S. sees real danger from North Korea, trying to defuse tensions
o   Pentagon OKs Lockheed or Boeing fighters sale to South Korea
o   Showcase building in Russia's Chechnya engulfed in flames
o   Afghan Taliban kill 44 in suicide attack on courtroom
o   Ex-Mexican mayor arrested on suspicion of helping kidnappers
o   Spanish king's daughter charged in corruption inquiry
o   Serbia has days to decide on Kosovo: minister

WOLRD BUSINESS(Brief News):

o    France drags on euro zone economy, Britain brighter
o    Planned layoffs fall in March, but worst quarter since 2011
o    Stock futures rise ahead of jobless data
o    Airbus challenges Boeing with first quarter order boost
o    GM to invest $332 million in four sites to build fuel-efficient engines
o    Bank of England makes no change to 375 billion pounds stimulus scheme
o    Japan's Osaka Gas looking at Mozambique for upstream stakes
o    Sudan's inflation inches closer to 50 percent in March
o    BOJ to pump $1.4 trillion into economy in unprecedented stimulus
o    China Mobile and Vodafone team up for Myanmar license
o    Egypt expects IMF loan agreement in two weeks
o    Yen sinks on BoJ easing, markets await ECB
o    Mexico antitrust body suspends fine against Slim's Telmex
o    Hyundai recall could grow further, sounds warning on quality
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.18
S.Arabia         26.45
U.K                 150.09
Japan              1.0676
Euro               127.44
U.A.E             27.00

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs49,971
Silver Tezabi                Rs831.42



Thu, 4 Apr 2013



-
Karachi stocks stay buoyed in a range-bound session
KARACHI: Cement manufacturers helped Karachi Stock Exchange consolidate itself somewhat in a range-bound session h



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March 2013: Pakistan liquid forex reserves at $12,202.3 million
KARACHI: Pakistan s total liquid foreign exchange reserves stood at $12,202.3 million on March 29, 2013, Geo News



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Oil mixed in Asian trade
SINGAPORE: Oil prices were mixed in Asia on Thursday as the market recovered after a snap reaction to data showing



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Sindh CNG stations to be closed for 24 hours today
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Dollar firms in Asia on upbeat manufacturing data
TOKYO: The dollar firmed against the yen and euro in Asia Wednesday, boosted by solid US economic data and a bleak



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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



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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



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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



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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



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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



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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



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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



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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



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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



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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


MOHAMMED SALEEM MANSOORI

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