Wednesday, 10 April 2013

LATEST NEWS UPDATE: 11.04.2013



BRIEF: (PAKISTAN)
o  Fazl unhappy over PML-N’s 'non-seriousness'
o  Returning officer issued notice for April 12 on Musharraf’s appeal
o  Tribunals to dispose appeals by April 17
o  Karachi-Several held during Rangers’ search operation
o  Two cops among eight gunned down in Karachi
o  Karachi: Cracker attack in Malir area- Two hurt
o  ZA Bhutto rejected India's nuke technology offer: WikiLeaks
o  PPP, Q-League make progress on seat adjustment
o   President calls angry leaders
o   ECP shows concern over Malik Habib s statement
o  PML-N, BNP strike poll deal
WOLRD(Brief News):
o   Obama budget targets millionaires, replaces sequester cuts
o   South Korea increases surveillance as North moves missiles
o   Obama to pitch Buffett tax, killing corporate tax breaks
o   U.S. says Okada's Universal is target of criminal bribery probe
o   WTO cuts 2013 trade forecast, sees protectionist threat
o   Analysis: Capriles needs late surge to win Venezuela vote
o   Senate to cast first gun-control votes on Thursday
o   Analysis: How Goldman's dollar-store bet reaped a fortune
o   Arkansas Senate aims to cut off state funds to abortion providers
o   Fear stalks Yangon's Muslims after Buddhist-led killings
o   Louisiana lawmakers weigh options on eliminating income tax
o   Texas college student wounds 14 in stabbing spree
o   Analysis: In bitter irony for China, North Korea furthers U.S. strategic goals
o   China March trade data signals strengthening recovery
o   Exclusive: Thermo bids for Life Tech; PE firms finalizing offer - sources
o   FBI probes trading as KPMG quits Herbalife, Skechers audits
o   Senate negotiators close in on immigration deal
o   Quake hits near Iran's nuclear city Bushehr, 37 dead
o   Trial of bin Laden's son-in-law set for January in New York City
o   Texas college student wounds 14 in stabbing spree
o   Insight: Pakistan's booming market no black and white matter
o   Penney, Macy's court fight comes down to plastic pitchers
o   Senate to cast first gun-control votes on Thursday
o   Exclusive: Thermo bids for Life Technologies as buyout firms circle - source
o   Oshkosh to cut 900 jobs in defense unit
o   Google, AT&T target Austin for high-speed Internet
o   New defense budget means more financial uncertainty for Pentagon
o   Italy's Bersani meets Berlusconi to seek end to impasse
o   J.C. Penney board comes under fire for CEO switch
o   Analysis: North Korea tests Obama's "strategic patience"
o   Iraqi al Qaeda wing merges with Syrian counterpart
o   North Korea warns foreigners to leave South amid new threats of war
o   Senate to hold initial gun control vote Thursday
o   Kerry promises steps to help Palestinian economy
o   Analysis: Public doubt on bird flu a ghost of China's past
o   "Iron Lady" Thatcher mourned, but opponents celebrate
o   Dell's evaluation of buyout bid flawed: shareholder
o   Treasury secretary talks up policies to spur demand in Europe
o   Iran announces uranium mining after nuclear talks fail
o   Kenya swears in president, West faces balancing act
WOLRD BUSINESS(Brief News):
o    Futures rise, China data sets positive tone
o    WTO cuts 2013 trade forecast, sees protectionist threat
o    Nigerian fuel marketer Mobil says 2012 profit falls 32 pct
o    India's Kingfisher submits plan to regulator to restart airline: CEO
o    Tunisian tourism revenues fall 7.5 pct in first quarter
o    SABMiller expects 7-9 pct Africa beer sales rise
o    UK regulator considering probe of HBOS auditor KPMG
o    Luxembourg announces end of bank secrecy with EU states
o    FBI probes trading as KPMG quits Herbalife, Skechers audits
o    Uganda's March coffee exports jump 66 pct yr/yr
o    Qatar PM promises $3 bln more aid to Egypt
o    Rwanda urban inflation slows to 3.25 pct in year to March
o    Nigerian fuel marketer Total says 2012 profit up 21 pct
o    China March trade data signals strengthening recovery
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.33
S.Arabia         26.49
U.K                 152.32
Japan              0.0038
Euro               130.00
U.A.E             27.05

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs50,657
Silver Tezabi                Rs848.57



Thu, 11 Apr 2013

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Oil down in Asian trade
SINGAPORE: Oil was down in Asian trade Thursday on concerns over weaker US energy demand indicated by rising inven

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Asian markets mostly higher after Wall St rally
HONG KONG: Asian markets rose further Thursday following another record performance from Wall Street, while Tokyo

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Dollar hovers near 100 yen in Asian trade
TOKYO: The yen was lingering just below the 100-to-the-dollar level in Asian trade on Thursday, resisting falls th

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Personal computer sales see worst drop ever in Q1
NEW YORK: Worldwide sales of personal computers slid 13.9 percent in the first quarter of 2013, research firm IDC

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Asian markets mostly up, Tokyo extends gains
HONG KONG: Asian markets were mostly higher on Wednesday, with Tokyo supported by the weak yen, while Shanghai sli

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Oil down in Asia ahead of US inventory report
SINGAPORE: Oil was down in Asia on Wednesday as caution set into the market ahead of a US crude inventory report,

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Oil extends gains in Asian trade
SINGAPORE: Oil extended gains in Asia on Tuesday as financial markets cheered Japan s aggressive monetary easing p

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Asian economies to rebound but recovery fragile: ADB
HONG KONG: The Asian Development Bank said Tuesday the region s emerging economies would pick up this year but war

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IHC annuls chairman FBR appointment notification
ISLAMABAD: Islamabad High Court (IHC) while halting Chairman Federal Board of Revenue (FBR) Ali Arshad Hakeem from

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Asian markets mixed, Nikkei extends gains
HONG KONG: Asian markets were mixed on Monday, with Tokyo s Nikkei extending its rally after last week s Bank of J

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Oil up in Asia as Japanese stocks soar
SINGAPORE: Oil was up in Asia on Monday, buoyed by strong Japanese equities as the market recovered from a downbea

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Sindh CNG outlets reopen at 8 AM today
KARACHI: All CNG pumps across Sindh including Karachi reopened at 8:00 AM today (Sunday) after 24-hour closure, Ge

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Banks to remain open today to facilitate contesting candidates
KARACHI: State Bank of Pakistan (SBP) has directed all the banks to keep the doors of their branches open today (S

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Sindh: CNG outlets to remain closed for 24 hours
KARACHI: All CNG pumps across Sindh including Karachi would remain closed for 24 hours from 8:00 AM today (Saturda

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Earning hopes keep the ball rolling at Karachi Stock Exchange
KARACHI: Hopes of lucrative earnings ahead of corporate results kept the ball rolling at Karachi Stock Exchange (K









MOHAMMED SALEEM MANSOORI

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